id	sid	tid	token	lemma	pos
cjfa-28098	1	1	date	date	NOUN
cjfa-28098	1	2	of	of	ADP
cjfa-28098	1	3	submission	submission	NOUN
cjfa-28098	1	4	:	:	PUNCT
cjfa-28098	1	5	august	august	PROPN
cjfa-28098	1	6	23	23	NUM
cjfa-28098	1	7	,	,	PUNCT
cjfa-28098	1	8	2019	2019	NUM
cjfa-28098	1	9	;	;	PUNCT
cjfa-28098	1	10	date	date	NOUN
cjfa-28098	1	11	of	of	ADP
cjfa-28098	1	12	acceptance	acceptance	NOUN
cjfa-28098	1	13	:	:	PUNCT
cjfa-28098	1	14	september	september	PROPN
cjfa-28098	1	15	19	19	NUM
cjfa-28098	1	16	,	,	PUNCT
cjfa-28098	1	17	2019	2019	NUM
cjfa-28098	1	18	.	.	PUNCT
cjfa-28098	2	1	*	*	PUNCT
cjfa-28098	2	2	contact	contact	NOUN
cjfa-28098	2	3	information	information	NOUN
cjfa-28098	2	4	:	:	PUNCT
cjfa-28098	2	5	atmadnan@buft.edu.bd	atmadnan@buft.edu.bd	ADJ
cjfa-28098	2	6	,	,	PUNCT
cjfa-28098	2	7	department	department	NOUN
cjfa-28098	2	8	of	of	ADP
cjfa-28098	2	9	business	business	PROPN
cjfa-28098	2	10	administration	administration	PROPN
cjfa-28098	2	11	,	,	PUNCT
cjfa-28098	2	12	buft	buft	NOUN
cjfa-28098	2	13	,	,	PUNCT
cjfa-28098	2	14	nishatnagar	nishatnagar	ADJ
cjfa-28098	2	15	,	,	PUNCT
cjfa-28098	2	16	turag	turag	ADJ
cjfa-28098	2	17	,	,	PUNCT
cjfa-28098	2	18	dhaka	dhaka	PROPN
cjfa-28098	2	19	1230	1230	NUM
cjfa-28098	2	20	,	,	PUNCT
cjfa-28098	2	21	bangladesh	bangladesh	NOUN
cjfa-28098	2	22	,	,	PUNCT
cjfa-28098	2	23	phone	phone	NOUN
cjfa-28098	2	24	:	:	PUNCT
cjfa-28098	2	25	+8801843770138	+8801843770138	NUM
cjfa-28098	2	26	;	;	PUNCT
cjfa-28098	2	27	orcid	orcid	PROPN
cjfa-28098	3	1	i	i	NOUN
cjfa-28098	3	2	d	d	NOUN
cjfa-28098	3	3	:	:	PUNCT
cjfa-28098	3	4	https://orcid.org/0000-0002-0340-1737	https://orcid.org/0000-0002-0340-1737	PROPN
cjfa-28098	3	5	.	.	PUNCT
cjfa-28098	4	1	*	*	PUNCT
cjfa-28098	4	2	*	*	PUNCT
cjfa-28098	4	3	contact	contact	NOUN
cjfa-28098	4	4	information	information	NOUN
cjfa-28098	4	5	:	:	PUNCT
cjfa-28098	5	1	nisarsn@aiub.edu	nisarsn@aiub.edu	NOUN
cjfa-28098	5	2	,	,	PUNCT
cjfa-28098	5	3	faculty	faculty	NOUN
cjfa-28098	5	4	of	of	ADP
cjfa-28098	5	5	business	business	NOUN
cjfa-28098	5	6	administration	administration	NOUN
cjfa-28098	5	7	,	,	PUNCT
cjfa-28098	5	8	aiub	aiub	ADJ
cjfa-28098	5	9	,	,	PUNCT
cjfa-28098	5	10	408/1	408/1	NUM
cjfa-28098	5	11	,	,	PUNCT
cjfa-28098	5	12	kuratoli	kuratoli	NOUN
cjfa-28098	5	13	,	,	PUNCT
cjfa-28098	5	14	khilkhet	khilkhet	NOUN
cjfa-28098	5	15	,	,	PUNCT
cjfa-28098	5	16	dhaka	dhaka	PROPN
cjfa-28098	5	17	1229	1229	NUM
cjfa-28098	5	18	,	,	PUNCT
cjfa-28098	5	19	bangladesh	bangladesh	NOUN
cjfa-28098	5	20	,	,	PUNCT
cjfa-28098	5	21	phone	phone	NOUN
cjfa-28098	5	22	:	:	PUNCT
cjfa-28098	5	23	+88001730797175	+88001730797175	NOUN
cjfa-28098	5	24	;	;	PUNCT
cjfa-28098	5	25	orcid	orcid	PROPN
cjfa-28098	6	1	i	i	NOUN
cjfa-28098	6	2	d	d	NOUN
cjfa-28098	6	3	:	:	PUNCT
cjfa-28098	6	4	https://orcid.org/0000-0002-7776-9999	https://orcid.org/0000-0002-7776-9999	NOUN
cjfa-28098	6	5	.	.	PUNCT
cjfa-28098	7	1	note	note	NOUN
cjfa-28098	7	2	:	:	PUNCT
cjfa-28098	7	3	this	this	DET
cjfa-28098	7	4	study	study	NOUN
cjfa-28098	7	5	is	be	AUX
cjfa-28098	7	6	a	a	DET
cjfa-28098	7	7	part	part	NOUN
cjfa-28098	7	8	of	of	ADP
cjfa-28098	7	9	the	the	DET
cjfa-28098	7	10	thesis	thesis	NOUN
cjfa-28098	7	11	report	report	NOUN
cjfa-28098	7	12	prepared	prepare	VERB
cjfa-28098	7	13	by	by	ADP
cjfa-28098	7	14	corresponding	correspond	VERB
cjfa-28098	7	15	author	author	NOUN
cjfa-28098	7	16	(	(	PUNCT
cjfa-28098	7	17	atm	atm	PROPN
cjfa-28098	7	18	adnan	adnan	PROPN
cjfa-28098	7	19	)	)	PUNCT
cjfa-28098	7	20	submitted	submit	VERB
cjfa-28098	7	21	to	to	ADP
cjfa-28098	7	22	bangor	bangor	PROPN
cjfa-28098	7	23	business	business	PROPN
cjfa-28098	7	24	school	school	PROPN
cjfa-28098	7	25	,	,	PUNCT
cjfa-28098	7	26	bangor	bangor	PROPN
cjfa-28098	7	27	university	university	PROPN
cjfa-28098	7	28	,	,	PUNCT
cjfa-28098	7	29	bangor	bangor	PROPN
cjfa-28098	7	30	,	,	PUNCT
cjfa-28098	7	31	wales	wales	PROPN
cjfa-28098	7	32	,	,	PUNCT
cjfa-28098	7	33	uk	uk	PROPN
cjfa-28098	7	34	.	.	PROPN
cjfa-28098	7	35	copernican	copernican	PROPN
cjfa-28098	7	36	journal	journal	PROPN
cjfa-28098	7	37	of	of	ADP
cjfa-28098	7	38	finance	finance	PROPN
cjfa-28098	7	39	&	&	CCONJ
cjfa-28098	7	40	accounting	accounting	PROPN
cjfa-28098	7	41	e	e	PROPN
cjfa-28098	7	42	-	-	PROPN
cjfa-28098	7	43	issn	issn	PROPN
cjfa-28098	7	44	2300	2300	NUM
cjfa-28098	7	45	-	-	SYM
cjfa-28098	7	46	3065	3065	NUM
cjfa-28098	7	47	p	p	PROPN
cjfa-28098	7	48	-	-	PUNCT
cjfa-28098	7	49	issn	issn	PROPN
cjfa-28098	7	50	2300	2300	NUM
cjfa-28098	7	51	-	-	SYM
cjfa-28098	7	52	12402019	12402019	NUM
cjfa-28098	7	53	,	,	PUNCT
cjfa-28098	7	54	volume	volume	NOUN
cjfa-28098	7	55	8	8	NUM
cjfa-28098	7	56	,	,	PUNCT
cjfa-28098	7	57	issue	issue	NOUN
cjfa-28098	7	58	3	3	NUM
cjfa-28098	7	59	adnan	adnan	PROPN
cjfa-28098	7	60	,	,	PUNCT
cjfa-28098	7	61	atm	atm	PROPN
cjfa-28098	7	62	,	,	PUNCT
cjfa-28098	7	63	&	&	CCONJ
cjfa-28098	7	64	ahmed	ahmed	PROPN
cjfa-28098	7	65	,	,	PUNCT
cjfa-28098	7	66	n.	n.	PROPN
cjfa-28098	7	67	(	(	PUNCT
cjfa-28098	7	68	2019	2019	NUM
cjfa-28098	7	69	)	)	PUNCT
cjfa-28098	7	70	.	.	PUNCT
cjfa-28098	8	1	the	the	DET
cjfa-28098	8	2	transformation	transformation	NOUN
cjfa-28098	8	3	of	of	ADP
cjfa-28098	8	4	the	the	DET
cjfa-28098	8	5	corporate	corporate	ADJ
cjfa-28098	8	6	governance	governance	NOUN
cjfa-28098	8	7	model	model	NOUN
cjfa-28098	8	8	:	:	PUNCT
cjfa-28098	8	9	a	a	DET
cjfa-28098	8	10	literature	literature	NOUN
cjfa-28098	8	11	review	review	NOUN
cjfa-28098	8	12	.	.	PUNCT
cjfa-28098	9	1	copernican	copernican	PROPN
cjfa-28098	9	2	journal	journal	PROPN
cjfa-28098	9	3	of	of	ADP
cjfa-28098	9	4	finance	finance	PROPN
cjfa-28098	9	5	&	&	CCONJ
cjfa-28098	9	6	accounting	accounting	PROPN
cjfa-28098	9	7	,	,	PUNCT
cjfa-28098	9	8	8(3	8(3	NUM
cjfa-28098	9	9	)	)	PUNCT
cjfa-28098	9	10	,	,	PUNCT
cjfa-28098	9	11	7–47	7–47	NOUN
cjfa-28098	9	12	.	.	PUNCT
cjfa-28098	10	1	http://dx.doi.org/10.12775/	http://dx.doi.org/10.12775/	PROPN
cjfa-28098	10	2	cjfa.2019.011	cjfa.2019.011	PROPN
cjfa-28098	10	3	atm	atm	PROPN
cjfa-28098	10	4	adnan	adnan	PROPN
cjfa-28098	10	5	*	*	PROPN
cjfa-28098	10	6	bgmea	bgmea	PROPN
cjfa-28098	10	7	university	university	NOUN
cjfa-28098	10	8	of	of	ADP
cjfa-28098	10	9	fashion	fashion	NOUN
cjfa-28098	10	10	and	and	CCONJ
cjfa-28098	10	11	technology	technology	NOUN
cjfa-28098	10	12	(	(	PUNCT
cjfa-28098	10	13	buft	buft	NOUN
cjfa-28098	10	14	)	)	PUNCT
cjfa-28098	10	15	nisar	nisar	PROPN
cjfa-28098	11	1	ahmed	ahme	VERB
cjfa-28098	11	2	*	*	PROPN
cjfa-28098	11	3	*	*	PROPN
cjfa-28098	11	4	american	american	PROPN
cjfa-28098	11	5	international	international	PROPN
cjfa-28098	11	6	university	university	PROPN
cjfa-28098	11	7	-	-	PUNCT
cjfa-28098	11	8	bangladesh	bangladesh	NOUN
cjfa-28098	11	9	(	(	PUNCT
cjfa-28098	11	10	aiub	aiub	PROPN
cjfa-28098	11	11	)	)	PUNCT
cjfa-28098	11	12	the	the	DET
cjfa-28098	11	13	transformation	transformation	NOUN
cjfa-28098	11	14	of	of	ADP
cjfa-28098	11	15	the	the	DET
cjfa-28098	11	16	corporate	corporate	ADJ
cjfa-28098	11	17	governance	governance	NOUN
cjfa-28098	11	18	model	model	NOUN
cjfa-28098	11	19	:	:	PUNCT
cjfa-28098	11	20	a	a	DET
cjfa-28098	11	21	literature	literature	NOUN
cjfa-28098	11	22	review	review	NOUN
cjfa-28098	11	23	keywords	keyword	NOUN
cjfa-28098	11	24	:	:	PUNCT
cjfa-28098	11	25	corporate	corporate	ADJ
cjfa-28098	11	26	governance	governance	NOUN
cjfa-28098	11	27	,	,	PUNCT
cjfa-28098	11	28	corporations	corporation	NOUN
cjfa-28098	11	29	,	,	PUNCT
cjfa-28098	11	30	agency	agency	NOUN
cjfa-28098	11	31	theory	theory	NOUN
cjfa-28098	11	32	,	,	PUNCT
cjfa-28098	11	33	ownership	ownership	NOUN
cjfa-28098	11	34	structure	structure	NOUN
cjfa-28098	11	35	,	,	PUNCT
cjfa-28098	11	36	board	board	NOUN
cjfa-28098	11	37	of	of	ADP
cjfa-28098	11	38	directors	director	NOUN
cjfa-28098	11	39	,	,	PUNCT
cjfa-28098	11	40	executive	executive	ADJ
cjfa-28098	11	41	compensation	compensation	NOUN
cjfa-28098	11	42	,	,	PUNCT
cjfa-28098	11	43	ownership	ownership	NOUN
cjfa-28098	11	44	structure	structure	NOUN
cjfa-28098	11	45	.	.	PUNCT
cjfa-28098	12	1	j	j	PROPN
cjfa-28098	12	2	e	e	PROPN
cjfa-28098	12	3	l	l	PROPN
cjfa-28098	12	4	classification	classification	NOUN
cjfa-28098	12	5	:	:	PUNCT
cjfa-28098	12	6	g30	g30	PROPN
cjfa-28098	12	7	,	,	PUNCT
cjfa-28098	12	8	g34	g34	NOUN
cjfa-28098	12	9	,	,	PUNCT
cjfa-28098	12	10	g38	g38	NOUN
cjfa-28098	12	11	.	.	PUNCT
cjfa-28098	13	1	abstract	abstract	NOUN
cjfa-28098	13	2	:	:	PUNCT
cjfa-28098	13	3	this	this	DET
cjfa-28098	13	4	study	study	NOUN
cjfa-28098	13	5	intends	intend	VERB
cjfa-28098	13	6	to	to	PART
cjfa-28098	13	7	present	present	VERB
cjfa-28098	13	8	a	a	DET
cjfa-28098	13	9	review	review	NOUN
cjfa-28098	13	10	analysis	analysis	NOUN
cjfa-28098	13	11	of	of	ADP
cjfa-28098	13	12	the	the	DET
cjfa-28098	13	13	cg	cg	NOUN
cjfa-28098	13	14	literature	literature	NOUN
cjfa-28098	13	15	with	with	ADP
cjfa-28098	13	16	a	a	DET
cjfa-28098	13	17	view	view	NOUN
cjfa-28098	13	18	to	to	PART
cjfa-28098	13	19	discover	discover	VERB
cjfa-28098	13	20	and	and	CCONJ
cjfa-28098	13	21	categorize	categorize	VERB
cjfa-28098	13	22	the	the	DET
cjfa-28098	13	23	macro	macro	ADJ
cjfa-28098	13	24	and	and	CCONJ
cjfa-28098	13	25	micro	micro	ADJ
cjfa-28098	13	26	level	level	NOUN
cjfa-28098	13	27	determinants	determinant	NOUN
cjfa-28098	13	28	of	of	ADP
cjfa-28098	13	29	cg	cg	NOUN
cjfa-28098	13	30	framework	framework	NOUN
cjfa-28098	13	31	.	.	PUNCT
cjfa-28098	14	1	apart	apart	ADV
cjfa-28098	14	2	from	from	ADP
cjfa-28098	14	3	this	this	PRON
cjfa-28098	14	4	,	,	PUNCT
cjfa-28098	14	5	it	it	PRON
cjfa-28098	14	6	targets	target	VERB
cjfa-28098	14	7	to	to	PART
cjfa-28098	14	8	signify	signify	VERB
cjfa-28098	14	9	long	long	ADV
cjfa-28098	14	10	enduring	endure	VERB
cjfa-28098	14	11	cg	cg	NOUN
cjfa-28098	14	12	debate	debate	NOUN
cjfa-28098	14	13	concerning	concern	VERB
cjfa-28098	14	14	shareholders	shareholder	NOUN
cjfa-28098	14	15	vs	vs	ADP
cjfa-28098	14	16	stockholders	stockholder	NOUN
cjfa-28098	14	17	value	value	NOUN
cjfa-28098	14	18	orientation	orientation	NOUN
cjfa-28098	14	19	.	.	PUNCT
cjfa-28098	15	1	this	this	DET
cjfa-28098	15	2	study	study	NOUN
cjfa-28098	15	3	presents	present	VERB
cjfa-28098	15	4	a	a	DET
cjfa-28098	15	5	comprehensive	comprehensive	ADJ
cjfa-28098	15	6	understanding	understanding	NOUN
cjfa-28098	15	7	of	of	ADP
cjfa-28098	15	8	a	a	DET
cjfa-28098	15	9	broad	broad	ADJ
cjfa-28098	15	10	assortment	assortment	NOUN
cjfa-28098	15	11	of	of	ADP
cjfa-28098	15	12	macroeconomic	macroeconomic	ADJ
cjfa-28098	15	13	governance	governance	NOUN
cjfa-28098	15	14	issues	issue	NOUN
cjfa-28098	15	15	such	such	ADJ
cjfa-28098	15	16	as	as	ADP
cjfa-28098	15	17	measures	measure	NOUN
cjfa-28098	15	18	against	against	ADP
cjfa-28098	15	19	hostile	hostile	ADJ
cjfa-28098	15	20	takeover	takeover	NOUN
cjfa-28098	15	21	,	,	PUNCT
cjfa-28098	15	22	board	board	NOUN
cjfa-28098	15	23	formation	formation	NOUN
cjfa-28098	15	24	/	/	SYM
cjfa-28098	15	25	composition	composition	NOUN
cjfa-28098	15	26	,	,	PUNCT
cjfa-28098	15	27	capital	capital	NOUN
cjfa-28098	15	28	market	market	NOUN
cjfa-28098	15	29	actions	action	NOUN
cjfa-28098	15	30	,	,	PUNCT
cjfa-28098	15	31	manaatm	manaatm	PROPN
cjfa-28098	15	32	adnan	adnan	PROPN
cjfa-28098	15	33	,	,	PUNCT
cjfa-28098	15	34	nisar	nisar	PROPN
cjfa-28098	15	35	ahmed8	ahmed8	ADJ
cjfa-28098	15	36	gerial	gerial	ADJ
cjfa-28098	15	37	incentives	incentive	NOUN
cjfa-28098	15	38	,	,	PUNCT
cjfa-28098	15	39	debt	debt	NOUN
cjfa-28098	15	40	covenants	covenant	NOUN
cjfa-28098	15	41	and	and	CCONJ
cjfa-28098	15	42	leverage	leverage	NOUN
cjfa-28098	15	43	,	,	PUNCT
cjfa-28098	15	44	market	market	NOUN
cjfa-28098	15	45	for	for	ADP
cjfa-28098	15	46	managers	manager	NOUN
cjfa-28098	15	47	&	&	CCONJ
cjfa-28098	15	48	directors	director	NOUN
cjfa-28098	15	49	,	,	PUNCT
cjfa-28098	15	50	capital	capital	NOUN
cjfa-28098	15	51	structure	structure	NOUN
cjfa-28098	15	52	and	and	CCONJ
cjfa-28098	15	53	managerial	managerial	ADJ
cjfa-28098	15	54	ownership	ownership	NOUN
cjfa-28098	15	55	,	,	PUNCT
cjfa-28098	15	56	legal	legal	ADJ
cjfa-28098	15	57	framework	framework	NOUN
cjfa-28098	15	58	etc	etc	X
cjfa-28098	15	59	has	have	AUX
cjfa-28098	15	60	been	be	AUX
cjfa-28098	15	61	also	also	ADV
cjfa-28098	15	62	integrated	integrate	VERB
cjfa-28098	15	63	.	.	PUNCT
cjfa-28098	16	1	moreover	moreover	ADV
cjfa-28098	16	2	issues	issue	NOUN
cjfa-28098	16	3	associated	associate	VERB
cjfa-28098	16	4	to	to	ADP
cjfa-28098	16	5	relative	relative	ADJ
cjfa-28098	16	6	corporate	corporate	ADJ
cjfa-28098	16	7	governance	governance	NOUN
cjfa-28098	16	8	and	and	CCONJ
cjfa-28098	16	9	convergence	convergence	NOUN
cjfa-28098	16	10	of	of	ADP
cjfa-28098	16	11	global	global	ADJ
cjfa-28098	16	12	corporate	corporate	ADJ
cjfa-28098	16	13	governance	governance	NOUN
cjfa-28098	16	14	model	model	NOUN
cjfa-28098	16	15	has	have	AUX
cjfa-28098	16	16	also	also	ADV
cjfa-28098	16	17	been	be	AUX
cjfa-28098	16	18	discusses	discuss	VERB
cjfa-28098	16	19	by	by	ADP
cjfa-28098	16	20	putting	put	VERB
cjfa-28098	16	21	specific	specific	ADJ
cjfa-28098	16	22	emphasize	emphasize	NOUN
cjfa-28098	16	23	on	on	ADP
cjfa-28098	16	24	the	the	DET
cjfa-28098	16	25	conflict	conflict	NOUN
cjfa-28098	16	26	of	of	ADP
cjfa-28098	16	27	interest	interest	NOUN
cjfa-28098	16	28	occurring	occur	VERB
cjfa-28098	16	29	from	from	ADP
cjfa-28098	16	30	the	the	DET
cjfa-28098	16	31	association	association	NOUN
cjfa-28098	16	32	between	between	ADP
cjfa-28098	16	33	executives	executive	NOUN
cjfa-28098	16	34	and	and	CCONJ
cjfa-28098	16	35	investors	investor	NOUN
cjfa-28098	16	36	and	and	CCONJ
cjfa-28098	16	37	the	the	DET
cjfa-28098	16	38	connection	connection	NOUN
cjfa-28098	16	39	involving	involve	VERB
cjfa-28098	16	40	the	the	DET
cjfa-28098	16	41	value	value	NOUN
cjfa-28098	16	42	of	of	ADP
cjfa-28098	16	43	the	the	DET
cjfa-28098	16	44	firms	firm	NOUN
cjfa-28098	16	45	and	and	CCONJ
cjfa-28098	16	46	cg	cg	NOUN
cjfa-28098	16	47	.	.	PUNCT
cjfa-28098	17	1	it	it	PRON
cjfa-28098	17	2	is	be	AUX
cjfa-28098	17	3	noted	note	VERB
cjfa-28098	17	4	that	that	SCONJ
cjfa-28098	17	5	because	because	SCONJ
cjfa-28098	17	6	of	of	ADP
cjfa-28098	17	7	the	the	DET
cjfa-28098	17	8	limitations	limitation	NOUN
cjfa-28098	17	9	in	in	ADP
cjfa-28098	17	10	existing	exist	VERB
cjfa-28098	17	11	significant	significant	ADJ
cjfa-28098	17	12	hypothetical	hypothetical	ADJ
cjfa-28098	17	13	and	and	CCONJ
cjfa-28098	17	14	functional	functional	ADJ
cjfa-28098	17	15	inadequacies	inadequacy	NOUN
cjfa-28098	17	16	,	,	PUNCT
cjfa-28098	17	17	external	external	ADJ
cjfa-28098	17	18	controlling	control	VERB
cjfa-28098	17	19	mechanisms	mechanism	NOUN
cjfa-28098	17	20	might	might	AUX
cjfa-28098	17	21	not	not	PART
cjfa-28098	17	22	be	be	AUX
cjfa-28098	17	23	able	able	ADJ
cjfa-28098	17	24	to	to	PART
cjfa-28098	17	25	solely	solely	ADV
cjfa-28098	17	26	resolve	resolve	VERB
cjfa-28098	17	27	the	the	DET
cjfa-28098	17	28	cg	cg	NOUN
cjfa-28098	17	29	challenge	challenge	NOUN
cjfa-28098	17	30	,	,	PUNCT
cjfa-28098	17	31	even	even	ADV
cjfa-28098	17	32	though	though	SCONJ
cjfa-28098	17	33	these	these	PRON
cjfa-28098	17	34	could	could	AUX
cjfa-28098	17	35	be	be	AUX
cjfa-28098	17	36	significantly	significantly	ADV
cjfa-28098	17	37	successful	successful	ADJ
cjfa-28098	17	38	in	in	ADP
cjfa-28098	17	39	some	some	DET
cjfa-28098	17	40	specific	specific	ADJ
cjfa-28098	17	41	situations	situation	NOUN
cjfa-28098	17	42	,	,	PUNCT
cjfa-28098	17	43	thus	thus	ADV
cjfa-28098	17	44	,	,	PUNCT
cjfa-28098	17	45	corporations	corporation	NOUN
cjfa-28098	17	46	have	have	VERB
cjfa-28098	17	47	to	to	PART
cjfa-28098	17	48	implement	implement	VERB
cjfa-28098	17	49	balancing	balance	VERB
cjfa-28098	17	50	internal	internal	ADJ
cjfa-28098	17	51	firm	firm	ADJ
cjfa-28098	17	52	specific	specific	ADJ
cjfa-28098	17	53	controlling	control	VERB
cjfa-28098	17	54	mechanism	mechanism	NOUN
cjfa-28098	17	55	to	to	PART
cjfa-28098	17	56	reduce	reduce	VERB
cjfa-28098	17	57	the	the	DET
cjfa-28098	17	58	overall	overall	ADJ
cjfa-28098	17	59	costs	cost	NOUN
cjfa-28098	17	60	associated	associate	VERB
cjfa-28098	17	61	to	to	ADP
cjfa-28098	17	62	agency	agency	NOUN
cjfa-28098	17	63	problem	problem	NOUN
cjfa-28098	17	64	.	.	PUNCT
cjfa-28098	18	1	the	the	DET
cjfa-28098	18	2	analysis	analysis	NOUN
cjfa-28098	18	3	also	also	ADV
cjfa-28098	18	4	reveals	reveal	VERB
cjfa-28098	18	5	that	that	SCONJ
cjfa-28098	18	6	both	both	CCONJ
cjfa-28098	18	7	stockholder	stockholder	NOUN
cjfa-28098	18	8	and	and	CCONJ
cjfa-28098	18	9	stakeholder	stakeholder	NOUN
cjfa-28098	18	10	models	model	NOUN
cjfa-28098	18	11	are	be	AUX
cjfa-28098	18	12	competing	compete	VERB
cjfa-28098	18	13	on	on	ADP
cjfa-28098	18	14	the	the	DET
cjfa-28098	18	15	ground	ground	NOUN
cjfa-28098	18	16	of	of	ADP
cjfa-28098	18	17	superiority	superiority	NOUN
cjfa-28098	18	18	however	however	ADV
cjfa-28098	18	19	,	,	PUNCT
cjfa-28098	18	20	in	in	SCONJ
cjfa-28098	18	21	practically	practically	ADV
cjfa-28098	18	22	there	there	PRON
cjfa-28098	18	23	has	have	AUX
cjfa-28098	18	24	been	be	AUX
cjfa-28098	18	25	a	a	DET
cjfa-28098	18	26	vibrant	vibrant	ADJ
cjfa-28098	18	27	modification	modification	NOUN
cjfa-28098	18	28	with	with	ADP
cjfa-28098	18	29	both	both	DET
cjfa-28098	18	30	standards	standard	NOUN
cjfa-28098	18	31	are	be	AUX
cjfa-28098	18	32	becoming	become	VERB
cjfa-28098	18	33	progressively	progressively	ADV
cjfa-28098	18	34	equally	equally	ADV
cjfa-28098	18	35	appealing	appealing	ADJ
cjfa-28098	18	36	in	in	ADP
cjfa-28098	18	37	different	different	ADJ
cjfa-28098	18	38	regions	region	NOUN
cjfa-28098	18	39	over	over	ADP
cjfa-28098	18	40	the	the	DET
cjfa-28098	18	41	last	last	ADJ
cjfa-28098	18	42	two	two	NUM
cjfa-28098	18	43	decades	decade	NOUN
cjfa-28098	18	44	.	.	PUNCT
cjfa-28098	18	45	 	 	SPACE
cjfa-28098	19	1	introduction	introduction	NOUN
cjfa-28098	19	2	although	although	SCONJ
cjfa-28098	19	3	the	the	DET
cjfa-28098	19	4	corporate	corporate	ADJ
cjfa-28098	19	5	form	form	NOUN
cjfa-28098	19	6	of	of	ADP
cjfa-28098	19	7	the	the	DET
cjfa-28098	19	8	organization	organization	NOUN
cjfa-28098	19	9	has	have	AUX
cjfa-28098	19	10	been	be	AUX
cjfa-28098	19	11	prevailing	prevail	VERB
cjfa-28098	19	12	for	for	ADP
cjfa-28098	19	13	the	the	DET
cjfa-28098	19	14	centuries	century	NOUN
cjfa-28098	19	15	,	,	PUNCT
cjfa-28098	19	16	yet	yet	CCONJ
cjfa-28098	19	17	the	the	DET
cjfa-28098	19	18	issue	issue	NOUN
cjfa-28098	19	19	of	of	ADP
cjfa-28098	19	20	expounding	expound	VERB
cjfa-28098	19	21	a	a	DET
cjfa-28098	19	22	set	set	NOUN
cjfa-28098	19	23	of	of	ADP
cjfa-28098	19	24	standards	standard	NOUN
cjfa-28098	19	25	of	of	ADP
cjfa-28098	19	26	governance	governance	NOUN
cjfa-28098	19	27	of	of	ADP
cjfa-28098	19	28	the	the	DET
cjfa-28098	19	29	corporation	corporation	NOUN
cjfa-28098	19	30	is	be	AUX
cjfa-28098	19	31	still	still	ADV
cjfa-28098	19	32	undergoing	undergo	VERB
cjfa-28098	19	33	.	.	PUNCT
cjfa-28098	20	1	so	so	ADV
cjfa-28098	20	2	there	there	PRON
cjfa-28098	20	3	have	have	AUX
cjfa-28098	20	4	been	be	AUX
cjfa-28098	20	5	always	always	ADV
cjfa-28098	20	6	a	a	DET
cjfa-28098	20	7	trend	trend	NOUN
cjfa-28098	20	8	of	of	ADP
cjfa-28098	20	9	complaining	complain	VERB
cjfa-28098	20	10	and	and	CCONJ
cjfa-28098	20	11	appeal	appeal	VERB
cjfa-28098	20	12	to	to	PART
cjfa-28098	20	13	improve	improve	VERB
cjfa-28098	20	14	the	the	DET
cjfa-28098	20	15	principles	principle	NOUN
cjfa-28098	20	16	or	or	CCONJ
cjfa-28098	20	17	standards	standard	NOUN
cjfa-28098	20	18	of	of	ADP
cjfa-28098	20	19	governance	governance	NOUN
cjfa-28098	20	20	which	which	PRON
cjfa-28098	20	21	resulted	result	VERB
cjfa-28098	20	22	in	in	ADP
cjfa-28098	20	23	the	the	DET
cjfa-28098	20	24	chronological	chronological	ADJ
cjfa-28098	20	25	development	development	NOUN
cjfa-28098	20	26	of	of	ADP
cjfa-28098	20	27	various	various	ADJ
cjfa-28098	20	28	corporate	corporate	ADJ
cjfa-28098	20	29	rules	rule	NOUN
cjfa-28098	20	30	and	and	CCONJ
cjfa-28098	20	31	regulations	regulation	NOUN
cjfa-28098	20	32	such	such	ADJ
cjfa-28098	20	33	as	as	ADP
cjfa-28098	20	34	sarbanes	sarbane	NOUN
cjfa-28098	20	35	-	-	PUNCT
cjfa-28098	20	36	oxley	oxley	PROPN
cjfa-28098	20	37	(	(	PUNCT
cjfa-28098	20	38	baskin	baskin	PROPN
cjfa-28098	20	39	&	&	CCONJ
cjfa-28098	20	40	miranti	miranti	PROPN
cjfa-28098	20	41	,	,	PUNCT
cjfa-28098	20	42	1997	1997	NUM
cjfa-28098	20	43	)	)	PUNCT
cjfa-28098	20	44	.	.	PUNCT
cjfa-28098	21	1	the	the	DET
cjfa-28098	21	2	term	term	NOUN
cjfa-28098	21	3	corporate	corporate	ADJ
cjfa-28098	21	4	governance	governance	NOUN
cjfa-28098	21	5	(	(	PUNCT
cjfa-28098	21	6	cg	cg	NOUN
cjfa-28098	21	7	as	as	SCONJ
cjfa-28098	21	8	proceed	proceed	VERB
cjfa-28098	21	9	)	)	PUNCT
cjfa-28098	21	10	was	be	AUX
cjfa-28098	21	11	not	not	PART
cjfa-28098	21	12	very	very	ADV
cjfa-28098	21	13	well	well	ADV
cjfa-28098	21	14	-	-	PUNCT
cjfa-28098	21	15	known	know	VERB
cjfa-28098	21	16	research	research	NOUN
cjfa-28098	21	17	topic	topic	NOUN
cjfa-28098	21	18	just	just	ADV
cjfa-28098	21	19	a	a	DET
cjfa-28098	21	20	few	few	ADJ
cjfa-28098	21	21	decades	decade	NOUN
cjfa-28098	21	22	ago	ago	ADV
cjfa-28098	21	23	.	.	PUNCT
cjfa-28098	22	1	financial	financial	ADJ
cjfa-28098	22	2	crisis	crisis	NOUN
cjfa-28098	22	3	initiated	initiate	VERB
cjfa-28098	22	4	at	at	ADP
cjfa-28098	22	5	the	the	DET
cjfa-28098	22	6	later	later	NOUN
cjfa-28098	22	7	of	of	ADP
cjfa-28098	22	8	90	90	NUM
cjfa-28098	22	9	’s	’s	NOUN
cjfa-28098	22	10	in	in	ADP
cjfa-28098	22	11	central	central	PROPN
cjfa-28098	22	12	europe	europe	PROPN
cjfa-28098	22	13	,	,	PUNCT
cjfa-28098	22	14	asia	asia	PROPN
cjfa-28098	22	15	and	and	CCONJ
cjfa-28098	22	16	latin	latin	PROPN
cjfa-28098	22	17	america	america	PROPN
cjfa-28098	22	18	strongly	strongly	ADV
cjfa-28098	22	19	raised	raise	VERB
cjfa-28098	22	20	the	the	DET
cjfa-28098	22	21	issue	issue	NOUN
cjfa-28098	22	22	of	of	ADP
cjfa-28098	22	23	imperfection	imperfection	NOUN
cjfa-28098	22	24	in	in	ADP
cjfa-28098	22	25	cg	cg	NOUN
cjfa-28098	22	26	which	which	PRON
cjfa-28098	22	27	severely	severely	ADV
cjfa-28098	22	28	upset	upset	VERB
cjfa-28098	22	29	the	the	DET
cjfa-28098	22	30	macro	macro	ADJ
cjfa-28098	22	31	economic	economic	ADJ
cjfa-28098	22	32	and	and	CCONJ
cjfa-28098	22	33	financial	financial	ADJ
cjfa-28098	22	34	stability	stability	NOUN
cjfa-28098	22	35	(	(	PUNCT
cjfa-28098	22	36	claessens	claessen	NOUN
cjfa-28098	22	37	&	&	CCONJ
cjfa-28098	22	38	yurtoglu	yurtoglu	PROPN
cjfa-28098	22	39	,	,	PUNCT
cjfa-28098	22	40	2013	2013	NUM
cjfa-28098	22	41	)	)	PUNCT
cjfa-28098	22	42	.	.	PUNCT
cjfa-28098	23	1	the	the	DET
cjfa-28098	23	2	issue	issue	NOUN
cjfa-28098	23	3	further	far	ADV
cjfa-28098	23	4	gained	gain	VERB
cjfa-28098	23	5	momentum	momentum	NOUN
cjfa-28098	23	6	when	when	SCONJ
cjfa-28098	23	7	united	united	PROPN
cjfa-28098	23	8	states	states	PROPN
cjfa-28098	23	9	experienced	experience	VERB
cjfa-28098	23	10	the	the	DET
cjfa-28098	23	11	largest	large	ADJ
cjfa-28098	23	12	financial	financial	ADJ
cjfa-28098	23	13	insolvencies	insolvency	NOUN
cjfa-28098	23	14	which	which	PRON
cjfa-28098	23	15	had	have	AUX
cjfa-28098	23	16	been	be	AUX
cjfa-28098	23	17	identified	identify	VERB
cjfa-28098	23	18	later	later	ADV
cjfa-28098	23	19	as	as	ADP
cjfa-28098	23	20	the	the	DET
cjfa-28098	23	21	consequence	consequence	NOUN
cjfa-28098	23	22	of	of	ADP
cjfa-28098	23	23	weak	weak	ADJ
cjfa-28098	23	24	existence	existence	NOUN
cjfa-28098	23	25	and	and	CCONJ
cjfa-28098	23	26	poor	poor	ADJ
cjfa-28098	23	27	execution	execution	NOUN
cjfa-28098	23	28	cg	cg	NOUN
cjfa-28098	23	29	in	in	ADP
cjfa-28098	23	30	the	the	DET
cjfa-28098	23	31	financial	financial	ADJ
cjfa-28098	23	32	and	and	CCONJ
cjfa-28098	23	33	corporate	corporate	ADJ
cjfa-28098	23	34	institution	institution	NOUN
cjfa-28098	23	35	.	.	PUNCT
cjfa-28098	24	1	now	now	ADV
cjfa-28098	24	2	a	a	DET
cjfa-28098	24	3	days	day	NOUN
cjfa-28098	24	4	cg	cg	NOUN
cjfa-28098	24	5	become	become	VERB
cjfa-28098	24	6	an	an	DET
cjfa-28098	24	7	everyday	everyday	ADJ
cjfa-28098	24	8	corporate	corporate	ADJ
cjfa-28098	24	9	term	term	NOUN
cjfa-28098	24	10	and	and	CCONJ
cjfa-28098	24	11	corporate	corporate	ADJ
cjfa-28098	24	12	participants	participant	NOUN
cjfa-28098	24	13	and	and	CCONJ
cjfa-28098	24	14	academic	academic	ADJ
cjfa-28098	24	15	contributors	contributor	NOUN
cjfa-28098	24	16	have	have	AUX
cjfa-28098	24	17	become	become	VERB
cjfa-28098	24	18	fairly	fairly	ADV
cjfa-28098	24	19	educated	educate	VERB
cjfa-28098	24	20	and	and	CCONJ
cjfa-28098	24	21	informed	inform	VERB
cjfa-28098	24	22	about	about	ADP
cjfa-28098	24	23	the	the	DET
cjfa-28098	24	24	potential	potential	ADJ
cjfa-28098	24	25	holistic	holistic	ADJ
cjfa-28098	24	26	and	and	CCONJ
cjfa-28098	24	27	long	long	ADJ
cjfa-28098	24	28	-	-	PUNCT
cjfa-28098	24	29	term	term	NOUN
cjfa-28098	24	30	significance	significance	NOUN
cjfa-28098	24	31	of	of	ADP
cjfa-28098	24	32	the	the	DET
cjfa-28098	24	33	inefficient	inefficient	ADJ
cjfa-28098	24	34	cg	cg	NOUN
cjfa-28098	24	35	system	system	NOUN
cjfa-28098	24	36	.	.	PUNCT
cjfa-28098	25	1	in	in	ADP
cjfa-28098	25	2	general	general	ADJ
cjfa-28098	25	3	,	,	PUNCT
cjfa-28098	25	4	most	most	ADJ
cjfa-28098	25	5	of	of	ADP
cjfa-28098	25	6	the	the	DET
cjfa-28098	25	7	cg	cg	NOUN
cjfa-28098	25	8	arguments	argument	NOUN
cjfa-28098	25	9	are	be	AUX
cjfa-28098	25	10	piled	pile	VERB
cjfa-28098	25	11	on	on	ADP
cjfa-28098	25	12	the	the	DET
cjfa-28098	25	13	practical	practical	ADJ
cjfa-28098	25	14	issues	issue	NOUN
cjfa-28098	25	15	such	such	ADJ
cjfa-28098	25	16	as	as	ADP
cjfa-28098	25	17	corporate	corporate	ADJ
cjfa-28098	25	18	embezzlement	embezzlement	NOUN
cjfa-28098	25	19	,	,	PUNCT
cjfa-28098	25	20	misapplication	misapplication	NOUN
cjfa-28098	25	21	of	of	ADP
cjfa-28098	25	22	managerial	managerial	ADJ
cjfa-28098	25	23	authority	authority	NOUN
cjfa-28098	25	24	and	and	CCONJ
cjfa-28098	25	25	ignorance	ignorance	NOUN
cjfa-28098	25	26	of	of	ADP
cjfa-28098	25	27	social	social	ADJ
cjfa-28098	25	28	responsibility	responsibility	NOUN
cjfa-28098	25	29	.	.	PUNCT
cjfa-28098	26	1	the	the	DET
cjfa-28098	26	2	purpose	purpose	NOUN
cjfa-28098	26	3	of	of	ADP
cjfa-28098	26	4	these	these	DET
cjfa-28098	26	5	arguments	argument	NOUN
cjfa-28098	26	6	is	be	AUX
cjfa-28098	26	7	to	to	PART
cjfa-28098	26	8	quest	quest	VERB
cjfa-28098	26	9	the	the	DET
cjfa-28098	26	10	solution	solution	NOUN
cjfa-28098	26	11	of	of	ADP
cjfa-28098	26	12	these	these	DET
cjfa-28098	26	13	apparent	apparent	ADJ
cjfa-28098	26	14	problems	problem	NOUN
cjfa-28098	26	15	in	in	ADP
cjfa-28098	26	16	corporate	corporate	ADJ
cjfa-28098	26	17	practice	practice	NOUN
cjfa-28098	26	18	.	.	PUNCT
cjfa-28098	27	1	many	many	ADJ
cjfa-28098	27	2	reviewer	reviewer	VERB
cjfa-28098	27	3	state	state	NOUN
cjfa-28098	27	4	cg	cg	NOUN
cjfa-28098	27	5	as	as	ADP
cjfa-28098	27	6	a	a	DET
cjfa-28098	27	7	useful	useful	ADJ
cjfa-28098	27	8	tools	tool	NOUN
cjfa-28098	27	9	and	and	CCONJ
cjfa-28098	27	10	measures	measure	NOUN
cjfa-28098	27	11	to	to	PART
cjfa-28098	27	12	comply	comply	VERB
cjfa-28098	27	13	with	with	ADP
cjfa-28098	27	14	either	either	CCONJ
cjfa-28098	27	15	the	the	DET
cjfa-28098	27	16	broader	broad	ADJ
cjfa-28098	27	17	social	social	NOUN
cjfa-28098	27	18	ex	ex	X
cjfa-28098	27	19	the	the	DET
cjfa-28098	27	20	transformation	transformation	NOUN
cjfa-28098	27	21	of	of	ADP
cjfa-28098	27	22	the	the	DET
cjfa-28098	27	23	corporate	corporate	ADJ
cjfa-28098	27	24	governance	governance	NOUN
cjfa-28098	27	25	model	model	NOUN
cjfa-28098	27	26	…	…	PUNCT
cjfa-28098	27	27	9	9	NUM
cjfa-28098	27	28	pectations	pectation	NOUN
cjfa-28098	27	29	or	or	CCONJ
cjfa-28098	27	30	to	to	PART
cjfa-28098	27	31	gratify	gratify	VERB
cjfa-28098	27	32	the	the	DET
cjfa-28098	27	33	shareholders	shareholder	NOUN
cjfa-28098	27	34	goal	goal	NOUN
cjfa-28098	27	35	of	of	ADP
cjfa-28098	27	36	wealth	wealth	NOUN
cjfa-28098	27	37	maximization	maximization	NOUN
cjfa-28098	27	38	.	.	PUNCT
cjfa-28098	28	1	quite	quite	DET
cjfa-28098	28	2	a	a	DET
cjfa-28098	28	3	few	few	ADJ
cjfa-28098	28	4	significant	significant	ADJ
cjfa-28098	28	5	universal	universal	ADJ
cjfa-28098	28	6	proposals	proposal	NOUN
cjfa-28098	28	7	have	have	AUX
cjfa-28098	28	8	been	be	AUX
cjfa-28098	28	9	placed	place	VERB
cjfa-28098	28	10	with	with	ADP
cjfa-28098	28	11	a	a	DET
cjfa-28098	28	12	view	view	NOUN
cjfa-28098	28	13	to	to	PART
cjfa-28098	28	14	address	address	VERB
cjfa-28098	28	15	these	these	DET
cjfa-28098	28	16	practical	practical	ADJ
cjfa-28098	28	17	issues	issue	NOUN
cjfa-28098	28	18	such	such	ADJ
cjfa-28098	28	19	as	as	ADP
cjfa-28098	28	20	(	(	PUNCT
cjfa-28098	28	21	cadbury	cadbury	NOUN
cjfa-28098	28	22	,	,	PUNCT
cjfa-28098	28	23	1992b	1992b	NUM
cjfa-28098	28	24	)	)	PUNCT
cjfa-28098	28	25	,	,	PUNCT
cjfa-28098	28	26	(	(	PUNCT
cjfa-28098	28	27	greenbury	greenbury	NOUN
cjfa-28098	28	28	,	,	PUNCT
cjfa-28098	28	29	1995	1995	NUM
cjfa-28098	28	30	)	)	PUNCT
cjfa-28098	28	31	,	,	PUNCT
cjfa-28098	28	32	(	(	PUNCT
cjfa-28098	28	33	turnbull	turnbull	PROPN
cjfa-28098	28	34	,	,	PUNCT
cjfa-28098	28	35	1999	1999	NUM
cjfa-28098	28	36	)	)	PUNCT
cjfa-28098	28	37	.	.	PUNCT
cjfa-28098	29	1	so	so	ADV
cjfa-28098	29	2	,	,	PUNCT
cjfa-28098	29	3	in	in	ADP
cjfa-28098	29	4	a	a	DET
cjfa-28098	29	5	nutshell	nutshell	ADJ
cjfa-28098	29	6	cg	cg	NOUN
cjfa-28098	29	7	is	be	AUX
cjfa-28098	29	8	the	the	DET
cjfa-28098	29	9	institutional	institutional	ADJ
cjfa-28098	29	10	relationship	relationship	NOUN
cjfa-28098	29	11	framework	framework	NOUN
cjfa-28098	29	12	among	among	ADP
cjfa-28098	29	13	interconnected	interconnected	ADJ
cjfa-28098	29	14	economic	economic	ADJ
cjfa-28098	29	15	and	and	CCONJ
cjfa-28098	29	16	corporate	corporate	ADJ
cjfa-28098	29	17	participants	participant	NOUN
cjfa-28098	29	18	holding	hold	VERB
cjfa-28098	29	19	primary	primary	ADJ
cjfa-28098	29	20	or	or	CCONJ
cjfa-28098	29	21	secondary	secondary	ADJ
cjfa-28098	29	22	interest	interest	NOUN
cjfa-28098	29	23	in	in	ADP
cjfa-28098	29	24	corporation	corporation	NOUN
cjfa-28098	29	25	’s	’s	PART
cjfa-28098	29	26	affair	affair	NOUN
cjfa-28098	29	27	such	such	ADJ
cjfa-28098	29	28	as	as	ADP
cjfa-28098	29	29	shareholders	shareholder	NOUN
cjfa-28098	29	30	,	,	PUNCT
cjfa-28098	29	31	credit	credit	NOUN
cjfa-28098	29	32	partners	partner	NOUN
cjfa-28098	29	33	,	,	PUNCT
cjfa-28098	29	34	employees	employee	NOUN
cjfa-28098	29	35	,	,	PUNCT
cjfa-28098	29	36	managers	manager	NOUN
cjfa-28098	29	37	,	,	PUNCT
cjfa-28098	29	38	suppliers	supplier	NOUN
cjfa-28098	29	39	,	,	PUNCT
cjfa-28098	29	40	customers	customer	NOUN
cjfa-28098	29	41	,	,	PUNCT
cjfa-28098	29	42	pressure	pressure	NOUN
cjfa-28098	29	43	groups	group	NOUN
cjfa-28098	29	44	and	and	CCONJ
cjfa-28098	29	45	general	general	ADJ
cjfa-28098	29	46	people	people	NOUN
cjfa-28098	29	47	.	.	PUNCT
cjfa-28098	30	1	contemporary	contemporary	ADJ
cjfa-28098	30	2	study	study	NOUN
cjfa-28098	30	3	of	of	ADP
cjfa-28098	30	4	cg	cg	NOUN
cjfa-28098	30	5	put	put	VERB
cjfa-28098	30	6	more	more	ADJ
cjfa-28098	30	7	emphasize	emphasize	NOUN
cjfa-28098	30	8	on	on	ADP
cjfa-28098	30	9	assessing	assess	VERB
cjfa-28098	30	10	and	and	CCONJ
cjfa-28098	30	11	evaluating	evaluate	VERB
cjfa-28098	30	12	two	two	NUM
cjfa-28098	30	13	distinct	distinct	ADJ
cjfa-28098	30	14	models	model	NOUN
cjfa-28098	30	15	of	of	ADP
cjfa-28098	30	16	cg	cg	NOUN
cjfa-28098	30	17	namely	namely	ADV
cjfa-28098	30	18	shareholder	shareholder	NOUN
cjfa-28098	30	19	and	and	CCONJ
cjfa-28098	30	20	stakeholder	stakeholder	NOUN
cjfa-28098	30	21	model	model	NOUN
cjfa-28098	30	22	(	(	PUNCT
cjfa-28098	30	23	letza	letza	PROPN
cjfa-28098	30	24	,	,	PUNCT
cjfa-28098	30	25	sun	sun	PROPN
cjfa-28098	30	26	&	&	CCONJ
cjfa-28098	30	27	kirkbride	kirkbride	PROPN
cjfa-28098	30	28	,	,	PUNCT
cjfa-28098	30	29	2004	2004	NUM
cjfa-28098	30	30	)	)	PUNCT
cjfa-28098	30	31	with	with	ADP
cjfa-28098	30	32	a	a	DET
cjfa-28098	30	33	view	view	NOUN
cjfa-28098	30	34	to	to	PART
cjfa-28098	30	35	address	address	VERB
cjfa-28098	30	36	the	the	DET
cjfa-28098	30	37	superior	superior	ADJ
cjfa-28098	30	38	one	one	NUM
cjfa-28098	30	39	(	(	PUNCT
cjfa-28098	30	40	lazonick	lazonick	NOUN
cjfa-28098	30	41	&	&	CCONJ
cjfa-28098	30	42	o’sullivan	o’sullivan	PROPN
cjfa-28098	30	43	,	,	PUNCT
cjfa-28098	30	44	2000	2000	NUM
cjfa-28098	30	45	)	)	PUNCT
cjfa-28098	30	46	,	,	PUNCT
cjfa-28098	30	47	that	that	PRON
cjfa-28098	30	48	often	often	ADV
cjfa-28098	30	49	resulted	result	VERB
cjfa-28098	30	50	in	in	ADP
cjfa-28098	30	51	one	one	NUM
cjfa-28098	30	52	sided	sided	ADJ
cjfa-28098	30	53	argument	argument	NOUN
cjfa-28098	30	54	with	with	ADP
cjfa-28098	30	55	slight	slight	ADJ
cjfa-28098	30	56	alteration	alteration	NOUN
cjfa-28098	30	57	such	such	ADJ
cjfa-28098	30	58	as	as	ADP
cjfa-28098	30	59	progressive	progressive	ADJ
cjfa-28098	30	60	shareholder	shareholder	NOUN
cjfa-28098	30	61	model	model	NOUN
cjfa-28098	30	62	(	(	PUNCT
cjfa-28098	30	63	gamble	gamble	NOUN
cjfa-28098	30	64	&	&	CCONJ
cjfa-28098	30	65	kelly	kelly	PROPN
cjfa-28098	30	66	,	,	PUNCT
cjfa-28098	30	67	2001	2001	NUM
cjfa-28098	30	68	)	)	PUNCT
cjfa-28098	30	69	and	and	CCONJ
cjfa-28098	30	70	balanced	balanced	ADJ
cjfa-28098	30	71	stakeholder	stakeholder	NOUN
cjfa-28098	30	72	model	model	NOUN
cjfa-28098	30	73	(	(	PUNCT
cjfa-28098	30	74	jensen	jensen	PROPN
cjfa-28098	30	75	,	,	PUNCT
cjfa-28098	30	76	2001	2001	NUM
cjfa-28098	30	77	)	)	PUNCT
cjfa-28098	30	78	.	.	PUNCT
cjfa-28098	31	1	corporations	corporation	NOUN
cjfa-28098	31	2	have	have	AUX
cjfa-28098	31	3	conventionally	conventionally	ADV
cjfa-28098	31	4	been	be	AUX
cjfa-28098	31	5	regarded	regard	VERB
cjfa-28098	31	6	as	as	ADP
cjfa-28098	31	7	self	self	NOUN
cjfa-28098	31	8	-	-	PUNCT
cjfa-28098	31	9	purposed	purpose	VERB
cjfa-28098	31	10	,	,	PUNCT
cjfa-28098	31	11	profit	profit	NOUN
cjfa-28098	31	12	-	-	PUNCT
cjfa-28098	31	13	exploiting	exploit	VERB
cjfa-28098	31	14	concerns	concern	NOUN
cjfa-28098	31	15	forming	form	VERB
cjfa-28098	31	16	the	the	DET
cjfa-28098	31	17	fundamental	fundamental	ADJ
cjfa-28098	31	18	views	view	NOUN
cjfa-28098	31	19	of	of	ADP
cjfa-28098	31	20	capitalism	capitalism	NOUN
cjfa-28098	31	21	and	and	CCONJ
cjfa-28098	31	22	open	open	ADJ
cjfa-28098	31	23	market	market	NOUN
cjfa-28098	31	24	philosophies	philosophy	NOUN
cjfa-28098	31	25	(	(	PUNCT
cjfa-28098	31	26	marsiglia	marsiglia	NOUN
cjfa-28098	31	27	&	&	CCONJ
cjfa-28098	31	28	falautano	falautano	PROPN
cjfa-28098	31	29	,	,	PUNCT
cjfa-28098	31	30	2005	2005	NUM
cjfa-28098	31	31	)	)	PUNCT
cjfa-28098	31	32	.	.	PUNCT
cjfa-28098	32	1	however	however	ADV
cjfa-28098	32	2	,	,	PUNCT
cjfa-28098	32	3	latest	late	ADJ
cjfa-28098	32	4	and	and	CCONJ
cjfa-28098	32	5	colossal	colossal	ADJ
cjfa-28098	32	6	financial	financial	ADJ
cjfa-28098	32	7	failures	failure	NOUN
cjfa-28098	32	8	have	have	AUX
cjfa-28098	32	9	transmitted	transmit	VERB
cjfa-28098	32	10	awareness	awareness	NOUN
cjfa-28098	32	11	to	to	ADP
cjfa-28098	32	12	the	the	DET
cjfa-28098	32	13	subject	subject	NOUN
cjfa-28098	32	14	of	of	ADP
cjfa-28098	32	15	decent	decent	ADJ
cjfa-28098	32	16	governance	governance	NOUN
cjfa-28098	32	17	,	,	PUNCT
cjfa-28098	32	18	integrity	integrity	NOUN
cjfa-28098	32	19	,	,	PUNCT
cjfa-28098	32	20	faith	faith	NOUN
cjfa-28098	32	21	,	,	PUNCT
cjfa-28098	32	22	and	and	CCONJ
cjfa-28098	32	23	answerability	answerability	NOUN
cjfa-28098	32	24	,	,	PUNCT
cjfa-28098	32	25	intensifying	intensify	VERB
cjfa-28098	32	26	the	the	DET
cjfa-28098	32	27	argument	argument	NOUN
cjfa-28098	32	28	on	on	ADP
cjfa-28098	32	29	matters	matter	NOUN
cjfa-28098	32	30	of	of	ADP
cjfa-28098	32	31	corporate	corporate	ADJ
cjfa-28098	32	32	governance	governance	NOUN
cjfa-28098	32	33	(	(	PUNCT
cjfa-28098	32	34	cg	cg	NOUN
cjfa-28098	32	35	)	)	PUNCT
cjfa-28098	32	36	and	and	CCONJ
cjfa-28098	32	37	the	the	DET
cjfa-28098	32	38	conscience	conscience	NOUN
cjfa-28098	32	39	of	of	ADP
cjfa-28098	32	40	economic	economic	ADJ
cjfa-28098	32	41	act	act	NOUN
cjfa-28098	32	42	and	and	CCONJ
cjfa-28098	32	43	simultaneously	simultaneously	ADV
cjfa-28098	32	44	questioning	question	VERB
cjfa-28098	32	45	the	the	DET
cjfa-28098	32	46	pure	pure	ADJ
cjfa-28098	32	47	revenue	revenue	NOUN
cjfa-28098	32	48	boosting	boost	VERB
cjfa-28098	32	49	philosophy	philosophy	NOUN
cjfa-28098	32	50	(	(	PUNCT
cjfa-28098	32	51	jamali	jamali	PROPN
cjfa-28098	32	52	,	,	PUNCT
cjfa-28098	32	53	safieddine	safieddine	NOUN
cjfa-28098	32	54	&	&	CCONJ
cjfa-28098	32	55	rabbath	rabbath	NOUN
cjfa-28098	32	56	,	,	PUNCT
cjfa-28098	32	57	2008	2008	NUM
cjfa-28098	32	58	)	)	PUNCT
cjfa-28098	32	59	.	.	PUNCT
cjfa-28098	33	1	such	such	ADJ
cjfa-28098	33	2	argument	argument	NOUN
cjfa-28098	33	3	generate	generate	VERB
cjfa-28098	33	4	division	division	NOUN
cjfa-28098	33	5	on	on	ADP
cjfa-28098	33	6	the	the	DET
cjfa-28098	33	7	purpose	purpose	NOUN
cjfa-28098	33	8	of	of	ADP
cjfa-28098	33	9	the	the	DET
cjfa-28098	33	10	corporation	corporation	NOUN
cjfa-28098	33	11	and	and	CCONJ
cjfa-28098	33	12	the	the	DET
cjfa-28098	33	13	governance	governance	NOUN
cjfa-28098	33	14	arrangement	arrangement	NOUN
cjfa-28098	33	15	linked	link	VERB
cjfa-28098	33	16	to	to	ADP
cjfa-28098	33	17	it	it	PRON
cjfa-28098	33	18	(	(	PUNCT
cjfa-28098	33	19	friedman	friedman	PROPN
cjfa-28098	33	20	&	&	CCONJ
cjfa-28098	33	21	miles	mile	NOUN
cjfa-28098	33	22	,	,	PUNCT
cjfa-28098	33	23	2002	2002	NUM
cjfa-28098	33	24	)	)	PUNCT
cjfa-28098	33	25	.	.	PUNCT
cjfa-28098	34	1	one	one	NUM
cjfa-28098	34	2	context	context	NOUN
cjfa-28098	34	3	is	be	AUX
cjfa-28098	34	4	the	the	DET
cjfa-28098	34	5	conventional	conventional	ADJ
cjfa-28098	34	6	shareholder	shareholder	NOUN
cjfa-28098	34	7	model	model	NOUN
cjfa-28098	34	8	,	,	PUNCT
cjfa-28098	34	9	that	that	PRON
cjfa-28098	34	10	view	view	VERB
cjfa-28098	34	11	the	the	DET
cjfa-28098	34	12	corporation	corporation	NOUN
cjfa-28098	34	13	as	as	ADP
cjfa-28098	34	14	a	a	DET
cjfa-28098	34	15	legal	legal	ADJ
cjfa-28098	34	16	framework	framework	NOUN
cjfa-28098	34	17	stand	stand	VERB
cjfa-28098	34	18	on	on	ADP
cjfa-28098	34	19	a	a	DET
cjfa-28098	34	20	three	three	NUM
cjfa-28098	34	21	-	-	PUNCT
cjfa-28098	34	22	phase	phase	NOUN
cjfa-28098	34	23	vertical	vertical	ADJ
cjfa-28098	34	24	governance	governance	NOUN
cjfa-28098	34	25	system	system	NOUN
cjfa-28098	34	26	(	(	PUNCT
cjfa-28098	34	27	i.e.	i.e.	X
cjfa-28098	34	28	equity	equity	NOUN
cjfa-28098	34	29	holders	holder	NOUN
cjfa-28098	34	30	,	,	PUNCT
cjfa-28098	34	31	bod	bod	NOUN
cjfa-28098	34	32	and	and	CCONJ
cjfa-28098	34	33	managers	manager	NOUN
cjfa-28098	34	34	)	)	PUNCT
cjfa-28098	34	35	to	to	PART
cjfa-28098	34	36	make	make	VERB
cjfa-28098	34	37	the	the	DET
cjfa-28098	34	38	most	most	ADJ
cjfa-28098	34	39	of	of	ADP
cjfa-28098	34	40	shareholders	shareholder	NOUN
cjfa-28098	34	41	investment	investment	NOUN
cjfa-28098	34	42	popularly	popularly	ADV
cjfa-28098	34	43	known	know	VERB
cjfa-28098	34	44	as	as	ADP
cjfa-28098	34	45	the	the	DET
cjfa-28098	34	46	system	system	NOUN
cjfa-28098	34	47	of	of	ADP
cjfa-28098	34	48	“	"	PUNCT
cjfa-28098	34	49	check	check	NOUN
cjfa-28098	34	50	and	and	CCONJ
cjfa-28098	34	51	balances	balance	NOUN
cjfa-28098	34	52	”	"	PUNCT
cjfa-28098	34	53	.	.	PUNCT
cjfa-28098	35	1	on	on	ADP
cjfa-28098	35	2	the	the	DET
cjfa-28098	35	3	contrary	contrary	NOUN
cjfa-28098	35	4	a	a	DET
cjfa-28098	35	5	new	new	ADJ
cjfa-28098	35	6	perspective	perspective	NOUN
cjfa-28098	35	7	namely	namely	ADV
cjfa-28098	35	8	,	,	PUNCT
cjfa-28098	35	9	stakeholder	stakeholder	NOUN
cjfa-28098	35	10	model	model	NOUN
cjfa-28098	35	11	evolved	evolve	VERB
cjfa-28098	35	12	in	in	ADP
cjfa-28098	35	13	the	the	DET
cjfa-28098	35	14	late	late	ADJ
cjfa-28098	35	15	twentieth	twentieth	ADJ
cjfa-28098	35	16	century	century	NOUN
cjfa-28098	35	17	.	.	PUNCT
cjfa-28098	36	1	it	it	PRON
cjfa-28098	36	2	exhibits	exhibit	VERB
cjfa-28098	36	3	its	its	PRON
cjfa-28098	36	4	stance	stance	NOUN
cjfa-28098	36	5	in	in	ADP
cjfa-28098	36	6	favor	favor	NOUN
cjfa-28098	36	7	of	of	ADP
cjfa-28098	36	8	the	the	DET
cjfa-28098	36	9	broader	broad	ADJ
cjfa-28098	36	10	stakeholder	stakeholder	NOUN
cjfa-28098	36	11	’s	’s	PART
cjfa-28098	36	12	interest	interest	NOUN
cjfa-28098	36	13	and	and	CCONJ
cjfa-28098	36	14	management	management	NOUN
cjfa-28098	36	15	mechanism	mechanism	NOUN
cjfa-28098	36	16	rather	rather	ADV
cjfa-28098	36	17	than	than	ADP
cjfa-28098	36	18	traditional	traditional	ADJ
cjfa-28098	36	19	perception	perception	NOUN
cjfa-28098	36	20	and	and	CCONJ
cjfa-28098	36	21	understandings	understanding	NOUN
cjfa-28098	36	22	of	of	ADP
cjfa-28098	36	23	the	the	DET
cjfa-28098	36	24	corporation	corporation	NOUN
cjfa-28098	36	25	as	as	ADP
cjfa-28098	36	26	a	a	DET
cjfa-28098	36	27	shareholder	shareholder	NOUN
cjfa-28098	36	28	’s	’s	PART
cjfa-28098	36	29	wealth	wealth	NOUN
cjfa-28098	36	30	maximizing	maximize	VERB
cjfa-28098	36	31	tool	tool	NOUN
cjfa-28098	36	32	.	.	PUNCT
cjfa-28098	37	1	according	accord	VERB
cjfa-28098	37	2	to	to	ADP
cjfa-28098	37	3	(	(	PUNCT
cjfa-28098	37	4	freeman	freeman	PROPN
cjfa-28098	37	5	,	,	PUNCT
cjfa-28098	37	6	1999	1999	NUM
cjfa-28098	37	7	)	)	PUNCT
cjfa-28098	37	8	stakeholders	stakeholder	NOUN
cjfa-28098	37	9	’	'	PUNCT
cjfa-28098	37	10	involvement	involvement	NOUN
cjfa-28098	37	11	in	in	ADP
cjfa-28098	37	12	business	business	NOUN
cjfa-28098	37	13	resolutions	resolution	NOUN
cjfa-28098	37	14	,	,	PUNCT
cjfa-28098	37	15	long	long	ADJ
cjfa-28098	37	16	-	-	PUNCT
cjfa-28098	37	17	term	term	NOUN
cjfa-28098	37	18	contract	contract	NOUN
cjfa-28098	37	19	based	base	VERB
cjfa-28098	37	20	relationships	relationship	NOUN
cjfa-28098	37	21	between	between	ADP
cjfa-28098	37	22	the	the	DET
cjfa-28098	37	23	corporation	corporation	NOUN
cjfa-28098	37	24	and	and	CCONJ
cjfa-28098	37	25	stakeholders	stakeholder	NOUN
cjfa-28098	37	26	,	,	PUNCT
cjfa-28098	37	27	confidence	confidence	NOUN
cjfa-28098	37	28	and	and	CCONJ
cjfa-28098	37	29	business	business	NOUN
cjfa-28098	37	30	integrity	integrity	NOUN
cjfa-28098	37	31	are	be	AUX
cjfa-28098	37	32	the	the	DET
cjfa-28098	37	33	main	main	ADJ
cjfa-28098	37	34	offerings	offering	NOUN
cjfa-28098	37	35	of	of	ADP
cjfa-28098	37	36	stakeholder	stakeholder	NOUN
cjfa-28098	37	37	theory	theory	NOUN
cjfa-28098	37	38	.	.	PUNCT
cjfa-28098	38	1	the	the	DET
cjfa-28098	38	2	recent	recent	ADJ
cjfa-28098	38	3	financial	financial	ADJ
cjfa-28098	38	4	crisis	crisis	NOUN
cjfa-28098	38	5	in	in	ADP
cjfa-28098	38	6	usa	usa	PROPN
cjfa-28098	38	7	and	and	CCONJ
cjfa-28098	38	8	europe	europe	PROPN
cjfa-28098	38	9	has	have	AUX
cjfa-28098	38	10	emphasized	emphasize	VERB
cjfa-28098	38	11	on	on	ADP
cjfa-28098	38	12	several	several	ADJ
cjfa-28098	38	13	fundamental	fundamental	ADJ
cjfa-28098	38	14	transformations	transformation	NOUN
cjfa-28098	38	15	of	of	ADP
cjfa-28098	38	16	economic	economic	ADJ
cjfa-28098	38	17	and	and	CCONJ
cjfa-28098	38	18	business	business	NOUN
cjfa-28098	38	19	environment	environment	NOUN
cjfa-28098	38	20	and	and	CCONJ
cjfa-28098	38	21	focuses	focus	VERB
cjfa-28098	38	22	on	on	ADP
cjfa-28098	38	23	the	the	DET
cjfa-28098	38	24	importance	importance	NOUN
cjfa-28098	38	25	of	of	ADP
cjfa-28098	38	26	cg	cg	NOUN
cjfa-28098	38	27	for	for	ADP
cjfa-28098	38	28	economic	economic	ADJ
cjfa-28098	38	29	welfare	welfare	NOUN
cjfa-28098	38	30	.	.	PUNCT
cjfa-28098	39	1	the	the	DET
cjfa-28098	39	2	privatization	privatization	NOUN
cjfa-28098	39	3	of	of	ADP
cjfa-28098	39	4	market	market	NOUN
cjfa-28098	39	5	-	-	PUNCT
cjfa-28098	39	6	oriented	orient	VERB
cjfa-28098	39	7	investing	investing	NOUN
cjfa-28098	39	8	,	,	PUNCT
cjfa-28098	39	9	the	the	DET
cjfa-28098	39	10	firms	firm	NOUN
cjfa-28098	39	11	getting	get	VERB
cjfa-28098	39	12	bigger	big	ADJ
cjfa-28098	39	13	in	in	ADP
cjfa-28098	39	14	size	size	NOUN
cjfa-28098	39	15	,	,	PUNCT
cjfa-28098	39	16	the	the	DET
cjfa-28098	39	17	effective	effective	ADJ
cjfa-28098	39	18	participation	participation	NOUN
cjfa-28098	39	19	of	of	ADP
cjfa-28098	39	20	fiatm	fiatm	PROPN
cjfa-28098	39	21	adnan	adnan	PROPN
cjfa-28098	39	22	,	,	PUNCT
cjfa-28098	39	23	nisar	nisar	PROPN
cjfa-28098	39	24	ahmed10	ahmed10	X
cjfa-28098	39	25	nancial	nancial	ADJ
cjfa-28098	39	26	mediators	mediator	NOUN
cjfa-28098	39	27	,	,	PUNCT
cjfa-28098	39	28	the	the	DET
cjfa-28098	39	29	growth	growth	NOUN
cjfa-28098	39	30	of	of	ADP
cjfa-28098	39	31	organizational	organizational	ADJ
cjfa-28098	39	32	investors	investor	NOUN
cjfa-28098	39	33	,	,	PUNCT
cjfa-28098	39	34	the	the	DET
cjfa-28098	39	35	increased	increase	VERB
cjfa-28098	39	36	mobility	mobility	NOUN
cjfa-28098	39	37	of	of	ADP
cjfa-28098	39	38	the	the	DET
cjfa-28098	39	39	capital	capital	NOUN
cjfa-28098	39	40	as	as	SCONJ
cjfa-28098	39	41	the	the	DET
cjfa-28098	39	42	investment	investment	NOUN
cjfa-28098	39	43	opportunities	opportunity	NOUN
cjfa-28098	39	44	have	have	AUX
cjfa-28098	39	45	increased	increase	VERB
cjfa-28098	39	46	with	with	ADP
cjfa-28098	39	47	the	the	DET
cjfa-28098	39	48	open	open	ADJ
cjfa-28098	39	49	market	market	NOUN
cjfa-28098	39	50	economy	economy	NOUN
cjfa-28098	39	51	have	have	AUX
cjfa-28098	39	52	increased	increase	VERB
cjfa-28098	39	53	the	the	DET
cjfa-28098	39	54	corporations	corporation	NOUN
cjfa-28098	39	55	’	'	PUNCT
cjfa-28098	39	56	risk	risk	NOUN
cjfa-28098	39	57	exposure	exposure	NOUN
cjfa-28098	39	58	.	.	PUNCT
cjfa-28098	40	1	these	these	DET
cjfa-28098	40	2	structural	structural	ADJ
cjfa-28098	40	3	changes	change	NOUN
cjfa-28098	40	4	have	have	AUX
cjfa-28098	40	5	made	make	VERB
cjfa-28098	40	6	it	it	PRON
cjfa-28098	40	7	difficult	difficult	ADJ
cjfa-28098	40	8	to	to	PART
cjfa-28098	40	9	observe	observe	VERB
cjfa-28098	40	10	the	the	DET
cjfa-28098	40	11	use	use	NOUN
cjfa-28098	40	12	of	of	ADP
cjfa-28098	40	13	capital	capital	NOUN
cjfa-28098	40	14	investment	investment	NOUN
cjfa-28098	40	15	therefore	therefore	ADV
cjfa-28098	40	16	heightening	heighten	VERB
cjfa-28098	40	17	the	the	DET
cjfa-28098	40	18	necessity	necessity	NOUN
cjfa-28098	40	19	for	for	ADP
cjfa-28098	40	20	good	good	ADJ
cjfa-28098	40	21	cg	cg	NOUN
cjfa-28098	40	22	(	(	PUNCT
cjfa-28098	40	23	claessens	claessen	NOUN
cjfa-28098	40	24	&	&	CCONJ
cjfa-28098	40	25	yurtoglu	yurtoglu	PROPN
cjfa-28098	40	26	,	,	PUNCT
cjfa-28098	40	27	2013	2013	NUM
cjfa-28098	40	28	)	)	PUNCT
cjfa-28098	40	29	.	.	PUNCT
cjfa-28098	41	1	management	management	NOUN
cjfa-28098	41	2	concept	concept	NOUN
cjfa-28098	41	3	has	have	AUX
cjfa-28098	41	4	transformed	transform	VERB
cjfa-28098	41	5	considerably	considerably	ADV
cjfa-28098	41	6	in	in	ADP
cjfa-28098	41	7	current	current	ADJ
cjfa-28098	41	8	times	time	NOUN
cjfa-28098	41	9	.	.	PUNCT
cjfa-28098	42	1	regardless	regardless	ADV
cjfa-28098	42	2	of	of	ADP
cjfa-28098	42	3	a	a	DET
cjfa-28098	42	4	large	large	ADJ
cjfa-28098	42	5	number	number	NOUN
cjfa-28098	42	6	of	of	ADP
cjfa-28098	42	7	practical	practical	ADJ
cjfa-28098	42	8	works	work	NOUN
cjfa-28098	42	9	on	on	ADP
cjfa-28098	42	10	corporate	corporate	ADJ
cjfa-28098	42	11	governance	governance	NOUN
cjfa-28098	42	12	(	(	PUNCT
cjfa-28098	42	13	cg	cg	NOUN
cjfa-28098	42	14	)	)	PUNCT
cjfa-28098	42	15	and	and	CCONJ
cjfa-28098	42	16	its	its	PRON
cjfa-28098	42	17	consequence	consequence	NOUN
cjfa-28098	42	18	on	on	ADP
cjfa-28098	42	19	strategic	strategic	ADJ
cjfa-28098	42	20	decision	decision	NOUN
cjfa-28098	42	21	making	making	NOUN
cjfa-28098	42	22	and	and	CCONJ
cjfa-28098	42	23	valuation	valuation	NOUN
cjfa-28098	42	24	,	,	PUNCT
cjfa-28098	42	25	very	very	ADV
cjfa-28098	42	26	less	less	ADV
cjfa-28098	42	27	is	be	AUX
cjfa-28098	42	28	acknowledged	acknowledge	VERB
cjfa-28098	42	29	about	about	ADP
cjfa-28098	42	30	how	how	SCONJ
cjfa-28098	42	31	cg	cg	NOUN
cjfa-28098	42	32	progresses	progress	VERB
cjfa-28098	42	33	over	over	ADP
cjfa-28098	42	34	time	time	NOUN
cjfa-28098	42	35	(	(	PUNCT
cjfa-28098	42	36	hillier	hilli	ADJ
cjfa-28098	42	37	&	&	CCONJ
cjfa-28098	42	38	mccolgan	mccolgan	NOUN
cjfa-28098	42	39	,	,	PUNCT
cjfa-28098	42	40	2006	2006	NUM
cjfa-28098	42	41	)	)	PUNCT
cjfa-28098	42	42	.	.	PUNCT
cjfa-28098	43	1	there	there	PRON
cjfa-28098	43	2	have	have	AUX
cjfa-28098	43	3	been	be	AUX
cjfa-28098	43	4	ongoing	ongoing	ADJ
cjfa-28098	43	5	both	both	CCONJ
cjfa-28098	43	6	theoretical	theoretical	ADJ
cjfa-28098	43	7	and	and	CCONJ
cjfa-28098	43	8	empirical	empirical	ADJ
cjfa-28098	43	9	transformations	transformation	NOUN
cjfa-28098	43	10	in	in	ADP
cjfa-28098	43	11	the	the	DET
cjfa-28098	43	12	ways	way	NOUN
cjfa-28098	43	13	that	that	PRON
cjfa-28098	43	14	academicians	academician	NOUN
cjfa-28098	43	15	and	and	CCONJ
cjfa-28098	43	16	corporate	corporate	ADJ
cjfa-28098	43	17	practitioners	practitioner	NOUN
cjfa-28098	43	18	think	think	VERB
cjfa-28098	43	19	of	of	ADP
cjfa-28098	43	20	governance	governance	NOUN
cjfa-28098	43	21	of	of	ADP
cjfa-28098	43	22	organization	organization	NOUN
cjfa-28098	43	23	.	.	PUNCT
cjfa-28098	44	1	this	this	DET
cjfa-28098	44	2	study	study	NOUN
cjfa-28098	44	3	tries	try	VERB
cjfa-28098	44	4	to	to	PART
cjfa-28098	44	5	present	present	VERB
cjfa-28098	44	6	a	a	DET
cjfa-28098	44	7	review	review	NOUN
cjfa-28098	44	8	of	of	ADP
cjfa-28098	44	9	several	several	ADJ
cjfa-28098	44	10	prominent	prominent	ADJ
cjfa-28098	44	11	academic	academic	ADJ
cjfa-28098	44	12	and	and	CCONJ
cjfa-28098	44	13	practical	practical	ADJ
cjfa-28098	44	14	literatures	literature	NOUN
cjfa-28098	44	15	on	on	ADP
cjfa-28098	44	16	the	the	DET
cjfa-28098	44	17	corporate	corporate	ADJ
cjfa-28098	44	18	governance	governance	NOUN
cjfa-28098	44	19	,	,	PUNCT
cjfa-28098	44	20	identifying	identify	VERB
cjfa-28098	44	21	the	the	DET
cjfa-28098	44	22	key	key	ADJ
cjfa-28098	44	23	determinants	determinant	NOUN
cjfa-28098	44	24	of	of	ADP
cjfa-28098	44	25	corporate	corporate	ADJ
cjfa-28098	44	26	governance	governance	NOUN
cjfa-28098	44	27	framework	framework	NOUN
cjfa-28098	44	28	as	as	ADV
cjfa-28098	44	29	well	well	ADV
cjfa-28098	44	30	as	as	ADP
cjfa-28098	44	31	subjects	subject	NOUN
cjfa-28098	44	32	of	of	ADP
cjfa-28098	44	33	conformity	conformity	NOUN
cjfa-28098	44	34	and	and	CCONJ
cjfa-28098	44	35	disagreement	disagreement	NOUN
cjfa-28098	44	36	among	among	ADP
cjfa-28098	44	37	academicians	academician	NOUN
cjfa-28098	44	38	and	and	CCONJ
cjfa-28098	44	39	researchers	researcher	NOUN
cjfa-28098	44	40	concerning	concern	VERB
cjfa-28098	44	41	the	the	DET
cjfa-28098	44	42	types	type	NOUN
cjfa-28098	44	43	and	and	CCONJ
cjfa-28098	44	44	consequences	consequence	NOUN
cjfa-28098	44	45	of	of	ADP
cjfa-28098	44	46	the	the	DET
cjfa-28098	44	47	agency	agency	NOUN
cjfa-28098	44	48	problem	problem	NOUN
cjfa-28098	44	49	and	and	CCONJ
cjfa-28098	44	50	on	on	ADP
cjfa-28098	44	51	the	the	DET
cjfa-28098	44	52	efficiency	efficiency	NOUN
cjfa-28098	44	53	of	of	ADP
cjfa-28098	44	54	the	the	DET
cjfa-28098	44	55	macro	macro	NOUN
cjfa-28098	44	56	and	and	CCONJ
cjfa-28098	44	57	micro	micro	ADJ
cjfa-28098	44	58	level	level	NOUN
cjfa-28098	44	59	determinants	determinant	NOUN
cjfa-28098	44	60	of	of	ADP
cjfa-28098	44	61	cg	cg	NOUN
cjfa-28098	44	62	framework	framework	NOUN
cjfa-28098	44	63	.	.	PUNCT
cjfa-28098	45	1	additionally	additionally	ADV
cjfa-28098	45	2	the	the	DET
cjfa-28098	45	3	paper	paper	NOUN
cjfa-28098	45	4	also	also	ADV
cjfa-28098	45	5	attempts	attempt	VERB
cjfa-28098	45	6	to	to	PART
cjfa-28098	45	7	address	address	VERB
cjfa-28098	45	8	this	this	DET
cjfa-28098	45	9	shift	shift	NOUN
cjfa-28098	45	10	of	of	ADP
cjfa-28098	45	11	ideology	ideology	NOUN
cjfa-28098	45	12	from	from	ADP
cjfa-28098	45	13	“	"	PUNCT
cjfa-28098	45	14	stockholder	stockholder	NOUN
cjfa-28098	45	15	”	"	PUNCT
cjfa-28098	45	16	to	to	ADP
cjfa-28098	45	17	“	"	PUNCT
cjfa-28098	45	18	stakeholder	stakeholder	NOUN
cjfa-28098	45	19	”	"	PUNCT
cjfa-28098	45	20	and	and	CCONJ
cjfa-28098	45	21	understand	understand	VERB
cjfa-28098	45	22	the	the	DET
cjfa-28098	45	23	background	background	NOUN
cjfa-28098	45	24	of	of	ADP
cjfa-28098	45	25	it	it	PRON
cjfa-28098	45	26	.	.	PUNCT
cjfa-28098	46	1	this	this	DET
cjfa-28098	46	2	paper	paper	NOUN
cjfa-28098	46	3	provides	provide	VERB
cjfa-28098	46	4	a	a	DET
cjfa-28098	46	5	comprehensive	comprehensive	ADJ
cjfa-28098	46	6	review	review	NOUN
cjfa-28098	46	7	of	of	ADP
cjfa-28098	46	8	both	both	CCONJ
cjfa-28098	46	9	the	the	DET
cjfa-28098	46	10	“	"	PUNCT
cjfa-28098	46	11	shareholder	shareholder	NOUN
cjfa-28098	46	12	”	"	PUNCT
cjfa-28098	46	13	and	and	CCONJ
cjfa-28098	46	14	“	"	PUNCT
cjfa-28098	46	15	stakeholder	stakeholder	NOUN
cjfa-28098	46	16	”	"	PUNCT
cjfa-28098	46	17	framework	framework	NOUN
cjfa-28098	46	18	of	of	ADP
cjfa-28098	46	19	cg	cg	NOUN
cjfa-28098	46	20	.	.	PUNCT
cjfa-28098	47	1	an	an	DET
cjfa-28098	47	2	important	important	ADJ
cjfa-28098	47	3	finding	finding	NOUN
cjfa-28098	47	4	of	of	ADP
cjfa-28098	47	5	the	the	DET
cjfa-28098	47	6	study	study	NOUN
cjfa-28098	47	7	is	be	AUX
cjfa-28098	47	8	that	that	SCONJ
cjfa-28098	47	9	,	,	PUNCT
cjfa-28098	47	10	cg	cg	NOUN
cjfa-28098	47	11	framework	framework	NOUN
cjfa-28098	47	12	has	have	AUX
cjfa-28098	47	13	been	be	AUX
cjfa-28098	47	14	build	build	VERB
cjfa-28098	47	15	and	and	CCONJ
cjfa-28098	47	16	controlled	control	VERB
cjfa-28098	47	17	by	by	ADP
cjfa-28098	47	18	several	several	ADJ
cjfa-28098	47	19	micro	micro	ADJ
cjfa-28098	47	20	level/	level/	ADJ
cjfa-28098	47	21	firm	firm	ADJ
cjfa-28098	47	22	specific	specific	ADJ
cjfa-28098	47	23	internal	internal	ADJ
cjfa-28098	47	24	factors	factor	NOUN
cjfa-28098	47	25	such	such	ADJ
cjfa-28098	47	26	as	as	ADP
cjfa-28098	47	27	debt	debt	NOUN
cjfa-28098	47	28	policy	policy	NOUN
cjfa-28098	47	29	,	,	PUNCT
cjfa-28098	47	30	internal	internal	ADJ
cjfa-28098	47	31	shareholding	shareholding	NOUN
cjfa-28098	47	32	policy	policy	NOUN
cjfa-28098	47	33	,	,	PUNCT
cjfa-28098	47	34	managerial	managerial	ADJ
cjfa-28098	47	35	compensation	compensation	NOUN
cjfa-28098	47	36	policy	policy	NOUN
cjfa-28098	47	37	,	,	PUNCT
cjfa-28098	47	38	capital	capital	NOUN
cjfa-28098	47	39	structure	structure	NOUN
cjfa-28098	47	40	and	and	CCONJ
cjfa-28098	47	41	also	also	ADV
cjfa-28098	47	42	the	the	DET
cjfa-28098	47	43	macro	macro	ADJ
cjfa-28098	47	44	factors	factor	NOUN
cjfa-28098	47	45	such	such	ADJ
cjfa-28098	47	46	as	as	ADP
cjfa-28098	47	47	hostile	hostile	ADJ
cjfa-28098	47	48	takeover	takeover	NOUN
cjfa-28098	47	49	measures	measure	NOUN
cjfa-28098	47	50	,	,	PUNCT
cjfa-28098	47	51	market	market	NOUN
cjfa-28098	47	52	for	for	ADP
cjfa-28098	47	53	executives	executive	NOUN
cjfa-28098	47	54	and	and	CCONJ
cjfa-28098	47	55	directors	director	NOUN
cjfa-28098	47	56	,	,	PUNCT
cjfa-28098	47	57	legal	legal	ADJ
cjfa-28098	47	58	policy	policy	NOUN
cjfa-28098	47	59	,	,	PUNCT
cjfa-28098	47	60	capital	capital	NOUN
cjfa-28098	47	61	market	market	NOUN
cjfa-28098	47	62	control	control	NOUN
cjfa-28098	47	63	mechanism	mechanism	NOUN
cjfa-28098	47	64	etc	etc	X
cjfa-28098	47	65	.	.	X
cjfa-28098	48	1	moreover	moreover	ADV
cjfa-28098	48	2	,	,	PUNCT
cjfa-28098	48	3	there	there	PRON
cjfa-28098	48	4	has	have	AUX
cjfa-28098	48	5	been	be	AUX
cjfa-28098	48	6	no	no	DET
cjfa-28098	48	7	static	static	ADJ
cjfa-28098	48	8	model	model	NOUN
cjfa-28098	48	9	for	for	ADP
cjfa-28098	48	10	the	the	DET
cjfa-28098	48	11	corporate	corporate	ADJ
cjfa-28098	48	12	governance	governance	NOUN
cjfa-28098	48	13	model	model	NOUN
cjfa-28098	48	14	.	.	PUNCT
cjfa-28098	49	1	although	although	SCONJ
cjfa-28098	49	2	there	there	PRON
cjfa-28098	49	3	has	have	AUX
cjfa-28098	49	4	been	be	AUX
cjfa-28098	49	5	seen	see	VERB
cjfa-28098	49	6	a	a	DET
cjfa-28098	49	7	legislative	legislative	ADJ
cjfa-28098	49	8	or	or	CCONJ
cjfa-28098	49	9	dominance	dominance	NOUN
cjfa-28098	49	10	-	-	PUNCT
cjfa-28098	49	11	based	base	VERB
cjfa-28098	49	12	transformation	transformation	NOUN
cjfa-28098	49	13	from	from	ADP
cjfa-28098	49	14	equity	equity	NOUN
cjfa-28098	49	15	holder	holder	NOUN
cjfa-28098	49	16	concept	concept	NOUN
cjfa-28098	49	17	to	to	ADP
cjfa-28098	49	18	stakeholders	stakeholder	NOUN
cjfa-28098	49	19	’	'	PUNCT
cjfa-28098	49	20	concept	concept	NOUN
cjfa-28098	49	21	from	from	ADP
cjfa-28098	49	22	1980s	1980s	NUM
cjfa-28098	49	23	to	to	ADP
cjfa-28098	49	24	2000	2000	NUM
cjfa-28098	49	25	but	but	CCONJ
cjfa-28098	49	26	that	that	PRON
cjfa-28098	49	27	was	be	AUX
cjfa-28098	49	28	more	more	ADJ
cjfa-28098	49	29	of	of	ADP
cjfa-28098	49	30	strategic	strategic	ADJ
cjfa-28098	49	31	policy	policy	NOUN
cjfa-28098	49	32	rather	rather	ADV
cjfa-28098	49	33	than	than	ADP
cjfa-28098	49	34	moral	moral	ADJ
cjfa-28098	49	35	or	or	CCONJ
cjfa-28098	49	36	psychological	psychological	ADJ
cjfa-28098	49	37	attachment	attachment	NOUN
cjfa-28098	49	38	.	.	PUNCT
cjfa-28098	50	1	as	as	SCONJ
cjfa-28098	50	2	the	the	DET
cjfa-28098	50	3	business	business	NOUN
cjfa-28098	50	4	and	and	CCONJ
cjfa-28098	50	5	social	social	ADJ
cjfa-28098	50	6	context	context	NOUN
cjfa-28098	50	7	are	be	AUX
cjfa-28098	50	8	continuously	continuously	ADV
cjfa-28098	50	9	changing	change	VERB
cjfa-28098	50	10	there	there	ADV
cjfa-28098	50	11	should	should	AUX
cjfa-28098	50	12	be	be	AUX
cjfa-28098	50	13	a	a	DET
cjfa-28098	50	14	flexible	flexible	ADJ
cjfa-28098	50	15	cg	cg	NOUN
cjfa-28098	50	16	framework	framework	NOUN
cjfa-28098	50	17	addressing	address	VERB
cjfa-28098	50	18	the	the	DET
cjfa-28098	50	19	contemporary	contemporary	ADJ
cjfa-28098	50	20	demand	demand	NOUN
cjfa-28098	50	21	of	of	ADP
cjfa-28098	50	22	the	the	DET
cjfa-28098	50	23	business	business	NOUN
cjfa-28098	50	24	trend	trend	NOUN
cjfa-28098	50	25	.	.	PUNCT
cjfa-28098	51	1	the	the	DET
cjfa-28098	51	2	paper	paper	NOUN
cjfa-28098	51	3	is	be	AUX
cjfa-28098	51	4	organized	organize	VERB
cjfa-28098	51	5	as	as	SCONJ
cjfa-28098	51	6	follows	follow	VERB
cjfa-28098	51	7	;	;	PUNCT
cjfa-28098	51	8	the	the	DET
cjfa-28098	51	9	first	first	ADJ
cjfa-28098	51	10	part	part	NOUN
cjfa-28098	51	11	covers	cover	VERB
cjfa-28098	51	12	the	the	DET
cjfa-28098	51	13	definitions	definition	NOUN
cjfa-28098	51	14	of	of	ADP
cjfa-28098	51	15	corporate	corporate	ADJ
cjfa-28098	51	16	governance	governance	NOUN
cjfa-28098	51	17	and	and	CCONJ
cjfa-28098	51	18	understanding	understanding	NOUN
cjfa-28098	51	19	of	of	ADP
cjfa-28098	51	20	the	the	DET
cjfa-28098	51	21	theoretical	theoretical	ADJ
cjfa-28098	51	22	framework	framework	NOUN
cjfa-28098	51	23	of	of	ADP
cjfa-28098	51	24	cg	cg	NOUN
cjfa-28098	51	25	mechanism	mechanism	NOUN
cjfa-28098	51	26	.	.	PUNCT
cjfa-28098	52	1	section	section	NOUN
cjfa-28098	52	2	two	two	NUM
cjfa-28098	52	3	discussed	discuss	VERB
cjfa-28098	52	4	about	about	ADP
cjfa-28098	52	5	the	the	DET
cjfa-28098	52	6	macro	macro	ADJ
cjfa-28098	52	7	drivers	driver	NOUN
cjfa-28098	52	8	of	of	ADP
cjfa-28098	52	9	corporate	corporate	ADJ
cjfa-28098	52	10	governance	governance	NOUN
cjfa-28098	52	11	followed	follow	VERB
cjfa-28098	52	12	by	by	ADP
cjfa-28098	52	13	the	the	DET
cjfa-28098	52	14	internal	internal	ADJ
cjfa-28098	52	15	and	and	CCONJ
cjfa-28098	52	16	external	external	ADJ
cjfa-28098	52	17	controlling	controlling	ADJ
cjfa-28098	52	18	variables	variable	NOUN
cjfa-28098	52	19	of	of	ADP
cjfa-28098	52	20	cg	cg	NOUN
cjfa-28098	52	21	mech	mech	NOUN
cjfa-28098	52	22	the	the	DET
cjfa-28098	52	23	transformation	transformation	NOUN
cjfa-28098	52	24	of	of	ADP
cjfa-28098	52	25	the	the	DET
cjfa-28098	52	26	corporate	corporate	ADJ
cjfa-28098	52	27	governance	governance	NOUN
cjfa-28098	52	28	model	model	NOUN
cjfa-28098	52	29	…	…	PUNCT
cjfa-28098	52	30	11	11	NUM
cjfa-28098	52	31	anism	anism	NOUN
cjfa-28098	52	32	in	in	ADP
cjfa-28098	52	33	section	section	NOUN
cjfa-28098	52	34	four	four	NUM
cjfa-28098	52	35	.	.	PUNCT
cjfa-28098	53	1	section	section	NOUN
cjfa-28098	53	2	five	five	NUM
cjfa-28098	53	3	attempts	attempt	NOUN
cjfa-28098	53	4	to	to	PART
cjfa-28098	53	5	present	present	VERB
cjfa-28098	53	6	contemporary	contemporary	ADJ
cjfa-28098	53	7	convergence	convergence	NOUN
cjfa-28098	53	8	issue	issue	NOUN
cjfa-28098	53	9	of	of	ADP
cjfa-28098	53	10	corporate	corporate	ADJ
cjfa-28098	53	11	governance	governance	NOUN
cjfa-28098	53	12	as	as	ADV
cjfa-28098	53	13	well	well	ADV
cjfa-28098	53	14	as	as	ADP
cjfa-28098	53	15	signify	signify	VERB
cjfa-28098	53	16	the	the	DET
cjfa-28098	53	17	classical	classical	ADJ
cjfa-28098	53	18	debate	debate	NOUN
cjfa-28098	53	19	between	between	ADP
cjfa-28098	53	20	shareholders	shareholder	NOUN
cjfa-28098	53	21	vs.	vs.	ADP
cjfa-28098	53	22	stakeholders	stakeholder	NOUN
cjfa-28098	53	23	oriented	orient	VERB
cjfa-28098	53	24	cg	cg	NOUN
cjfa-28098	53	25	model	model	NOUN
cjfa-28098	53	26	.	.	PUNCT
cjfa-28098	54	1	sections	section	NOUN
cjfa-28098	54	2	six	six	NUM
cjfa-28098	54	3	recommend	recommend	VERB
cjfa-28098	54	4	some	some	DET
cjfa-28098	54	5	views	view	NOUN
cjfa-28098	54	6	on	on	ADP
cjfa-28098	54	7	potential	potential	ADJ
cjfa-28098	54	8	research	research	NOUN
cjfa-28098	54	9	followed	follow	VERB
cjfa-28098	54	10	by	by	ADP
cjfa-28098	54	11	conclusive	conclusive	ADJ
cjfa-28098	54	12	remarks	remark	NOUN
cjfa-28098	54	13	.	.	PUNCT
cjfa-28098	55	1	the	the	DET
cjfa-28098	55	2	research	research	NOUN
cjfa-28098	55	3	methodology	methodology	NOUN
cjfa-28098	55	4	and	and	CCONJ
cjfa-28098	55	5	the	the	DET
cjfa-28098	55	6	course	course	NOUN
cjfa-28098	55	7	of	of	ADP
cjfa-28098	55	8	the	the	DET
cjfa-28098	55	9	research	research	NOUN
cjfa-28098	55	10	process	process	NOUN
cjfa-28098	55	11	this	this	DET
cjfa-28098	55	12	study	study	NOUN
cjfa-28098	55	13	applies	apply	VERB
cjfa-28098	55	14	a	a	DET
cjfa-28098	55	15	descriptive	descriptive	ADJ
cjfa-28098	55	16	and	and	CCONJ
cjfa-28098	55	17	narrative	narrative	ADJ
cjfa-28098	55	18	review	review	NOUN
cjfa-28098	55	19	of	of	ADP
cjfa-28098	55	20	the	the	DET
cjfa-28098	55	21	prominent	prominent	ADJ
cjfa-28098	55	22	literatures	literature	NOUN
cjfa-28098	55	23	on	on	ADP
cjfa-28098	55	24	corporate	corporate	ADJ
cjfa-28098	55	25	governance	governance	NOUN
cjfa-28098	55	26	issue	issue	NOUN
cjfa-28098	55	27	to	to	PART
cjfa-28098	55	28	exhibits	exhibits	VERB
cjfa-28098	55	29	the	the	DET
cjfa-28098	55	30	findings	finding	NOUN
cjfa-28098	55	31	.	.	PUNCT
cjfa-28098	56	1	the	the	DET
cjfa-28098	56	2	organized	organized	ADJ
cjfa-28098	56	3	review	review	NOUN
cjfa-28098	56	4	of	of	ADP
cjfa-28098	56	5	prior	prior	ADJ
cjfa-28098	56	6	qualitative	qualitative	ADJ
cjfa-28098	56	7	and	and	CCONJ
cjfa-28098	56	8	quantitative	quantitative	ADJ
cjfa-28098	56	9	studies	study	NOUN
cjfa-28098	56	10	has	have	AUX
cjfa-28098	56	11	been	be	AUX
cjfa-28098	56	12	carried	carry	VERB
cjfa-28098	56	13	to	to	PART
cjfa-28098	56	14	accumulate	accumulate	VERB
cjfa-28098	56	15	and	and	CCONJ
cjfa-28098	56	16	synthesize	synthesize	VERB
cjfa-28098	56	17	the	the	DET
cjfa-28098	56	18	findings	finding	NOUN
cjfa-28098	56	19	to	to	PART
cjfa-28098	56	20	demonstrate	demonstrate	VERB
cjfa-28098	56	21	the	the	DET
cjfa-28098	56	22	value	value	NOUN
cjfa-28098	56	23	of	of	ADP
cjfa-28098	56	24	a	a	DET
cjfa-28098	56	25	particular	particular	ADJ
cjfa-28098	56	26	point	point	NOUN
cjfa-28098	56	27	of	of	ADP
cjfa-28098	56	28	view	view	NOUN
cjfa-28098	56	29	in	in	ADP
cjfa-28098	56	30	the	the	DET
cjfa-28098	56	31	area	area	NOUN
cjfa-28098	56	32	of	of	ADP
cjfa-28098	56	33	major	major	ADJ
cjfa-28098	56	34	determinants	determinant	NOUN
cjfa-28098	56	35	and	and	CCONJ
cjfa-28098	56	36	drivers	driver	NOUN
cjfa-28098	56	37	of	of	ADP
cjfa-28098	56	38	corporate	corporate	ADJ
cjfa-28098	56	39	governance	governance	NOUN
cjfa-28098	56	40	,	,	PUNCT
cjfa-28098	56	41	the	the	DET
cjfa-28098	56	42	shifting	shift	VERB
cjfa-28098	56	43	trends	trend	NOUN
cjfa-28098	56	44	in	in	ADP
cjfa-28098	56	45	contemporary	contemporary	ADJ
cjfa-28098	56	46	corporate	corporate	ADJ
cjfa-28098	56	47	governance	governance	NOUN
cjfa-28098	56	48	and	and	CCONJ
cjfa-28098	56	49	convergence	convergence	NOUN
cjfa-28098	56	50	issue	issue	NOUN
cjfa-28098	56	51	of	of	ADP
cjfa-28098	56	52	governance	governance	NOUN
cjfa-28098	56	53	in	in	ADP
cjfa-28098	56	54	general	general	ADJ
cjfa-28098	56	55	context	context	NOUN
cjfa-28098	56	56	.	.	PUNCT
cjfa-28098	57	1	defining	define	VERB
cjfa-28098	57	2	corporate	corporate	ADJ
cjfa-28098	57	3	governance	governance	NOUN
cjfa-28098	57	4	the	the	DET
cjfa-28098	57	5	most	most	ADV
cjfa-28098	57	6	confined	confined	ADJ
cjfa-28098	57	7	definition	definition	NOUN
cjfa-28098	57	8	of	of	ADP
cjfa-28098	57	9	corporate	corporate	ADJ
cjfa-28098	57	10	governance	governance	NOUN
cjfa-28098	57	11	was	be	AUX
cjfa-28098	57	12	given	give	VERB
cjfa-28098	57	13	by	by	ADP
cjfa-28098	57	14	(	(	PUNCT
cjfa-28098	57	15	shleifer	shleifer	PROPN
cjfa-28098	57	16	&	&	CCONJ
cjfa-28098	57	17	vishny	vishny	PROPN
cjfa-28098	57	18	,	,	PUNCT
cjfa-28098	57	19	1997	1997	NUM
cjfa-28098	57	20	)	)	PUNCT
cjfa-28098	57	21	.	.	PUNCT
cjfa-28098	58	1	they	they	PRON
cjfa-28098	58	2	define	define	VERB
cjfa-28098	58	3	corporate	corporate	ADJ
cjfa-28098	58	4	governance	governance	NOUN
cjfa-28098	58	5	as	as	ADP
cjfa-28098	58	6	the	the	DET
cjfa-28098	58	7	assurance	assurance	NOUN
cjfa-28098	58	8	mechanism	mechanism	NOUN
cjfa-28098	58	9	though	though	SCONJ
cjfa-28098	58	10	which	which	PRON
cjfa-28098	58	11	the	the	DET
cjfa-28098	58	12	investors	investor	NOUN
cjfa-28098	58	13	especially	especially	ADV
cjfa-28098	58	14	the	the	DET
cjfa-28098	58	15	financial	financial	ADJ
cjfa-28098	58	16	resource	resource	NOUN
cjfa-28098	58	17	provider	provider	NOUN
cjfa-28098	58	18	can	can	AUX
cjfa-28098	58	19	ensure	ensure	VERB
cjfa-28098	58	20	the	the	DET
cjfa-28098	58	21	justifiable	justifiable	ADJ
cjfa-28098	58	22	return	return	NOUN
cjfa-28098	58	23	of	of	ADP
cjfa-28098	58	24	their	their	PRON
cjfa-28098	58	25	investment	investment	NOUN
cjfa-28098	58	26	.	.	PUNCT
cjfa-28098	59	1	this	this	DET
cjfa-28098	59	2	definition	definition	NOUN
cjfa-28098	59	3	primarily	primarily	ADV
cjfa-28098	59	4	focuses	focus	VERB
cjfa-28098	59	5	on	on	ADP
cjfa-28098	59	6	the	the	DET
cjfa-28098	59	7	single	single	ADJ
cjfa-28098	59	8	most	most	ADV
cjfa-28098	59	9	important	important	ADJ
cjfa-28098	59	10	participants	participant	NOUN
cjfa-28098	59	11	in	in	ADP
cjfa-28098	59	12	the	the	DET
cjfa-28098	59	13	corporation	corporation	NOUN
cjfa-28098	59	14	,	,	PUNCT
cjfa-28098	59	15	the	the	DET
cjfa-28098	59	16	finance	finance	NOUN
cjfa-28098	59	17	provider	provider	NOUN
cjfa-28098	59	18	.	.	PUNCT
cjfa-28098	60	1	(	(	PUNCT
cjfa-28098	60	2	charreaux	charreaux	PROPN
cjfa-28098	60	3	,	,	PUNCT
cjfa-28098	60	4	1997	1997	NUM
cjfa-28098	60	5	)	)	PUNCT
cjfa-28098	60	6	first	first	ADV
cjfa-28098	60	7	incorporates	incorporate	VERB
cjfa-28098	60	8	the	the	DET
cjfa-28098	60	9	role	role	NOUN
cjfa-28098	60	10	of	of	ADP
cjfa-28098	60	11	the	the	DET
cjfa-28098	60	12	managers	manager	NOUN
cjfa-28098	60	13	in	in	ADP
cjfa-28098	60	14	defining	define	VERB
cjfa-28098	60	15	the	the	DET
cjfa-28098	60	16	cg	cg	NOUN
cjfa-28098	60	17	.	.	PUNCT
cjfa-28098	61	1	he	he	PRON
cjfa-28098	61	2	argued	argue	VERB
cjfa-28098	61	3	that	that	SCONJ
cjfa-28098	61	4	cg	cg	NOUN
cjfa-28098	61	5	is	be	AUX
cjfa-28098	61	6	the	the	DET
cjfa-28098	61	7	combination	combination	NOUN
cjfa-28098	61	8	of	of	ADP
cjfa-28098	61	9	systems	system	NOUN
cjfa-28098	61	10	that	that	PRON
cjfa-28098	61	11	administer	administer	VERB
cjfa-28098	61	12	the	the	DET
cjfa-28098	61	13	managers	manager	NOUN
cjfa-28098	61	14	’	’	PART
cjfa-28098	61	15	actions	action	NOUN
cjfa-28098	61	16	and	and	CCONJ
cjfa-28098	61	17	defines	define	VERB
cjfa-28098	61	18	their	their	PRON
cjfa-28098	61	19	discretionary	discretionary	ADJ
cjfa-28098	61	20	autonomy	autonomy	NOUN
cjfa-28098	61	21	.	.	PUNCT
cjfa-28098	62	1	this	this	DET
cjfa-28098	62	2	comprehensive	comprehensive	ADJ
cjfa-28098	62	3	definition	definition	NOUN
cjfa-28098	62	4	covers	cover	VERB
cjfa-28098	62	5	the	the	DET
cjfa-28098	62	6	prior	prior	ADJ
cjfa-28098	62	7	characterization	characterization	NOUN
cjfa-28098	62	8	and	and	CCONJ
cjfa-28098	62	9	exhibits	exhibit	VERB
cjfa-28098	62	10	the	the	DET
cjfa-28098	62	11	benefit	benefit	NOUN
cjfa-28098	62	12	of	of	ADP
cjfa-28098	62	13	assigning	assign	VERB
cjfa-28098	62	14	the	the	DET
cjfa-28098	62	15	manager	manager	NOUN
cjfa-28098	62	16	the	the	DET
cjfa-28098	62	17	function	function	NOUN
cjfa-28098	62	18	of	of	ADP
cjfa-28098	62	19	chief	chief	ADJ
cjfa-28098	62	20	player	player	NOUN
cjfa-28098	62	21	(	(	PUNCT
cjfa-28098	62	22	but	but	CCONJ
cjfa-28098	62	23	non	non	ADJ
cjfa-28098	62	24	-	-	ADJ
cjfa-28098	62	25	solely	solely	ADV
cjfa-28098	62	26	)	)	PUNCT
cjfa-28098	62	27	in	in	ADP
cjfa-28098	62	28	the	the	DET
cjfa-28098	62	29	value	value	NOUN
cjfa-28098	62	30	creation	creation	NOUN
cjfa-28098	62	31	activity	activity	NOUN
cjfa-28098	62	32	.	.	PUNCT
cjfa-28098	63	1	a	a	DET
cjfa-28098	63	2	more	more	ADV
cjfa-28098	63	3	generalized	generalized	ADJ
cjfa-28098	63	4	version	version	NOUN
cjfa-28098	63	5	of	of	ADP
cjfa-28098	63	6	characterization	characterization	NOUN
cjfa-28098	63	7	of	of	ADP
cjfa-28098	63	8	cg	cg	NOUN
cjfa-28098	63	9	has	have	AUX
cjfa-28098	63	10	addressed	address	VERB
cjfa-28098	63	11	by	by	ADP
cjfa-28098	63	12	committee	committee	NOUN
cjfa-28098	63	13	on	on	ADP
cjfa-28098	63	14	the	the	DET
cjfa-28098	63	15	financial	financial	ADJ
cjfa-28098	63	16	aspects	aspect	NOUN
cjfa-28098	63	17	of	of	ADP
cjfa-28098	63	18	corporate	corporate	ADJ
cjfa-28098	63	19	governance	governance	NOUN
cjfa-28098	63	20	in	in	ADP
cjfa-28098	63	21	the	the	DET
cjfa-28098	63	22	united	united	PROPN
cjfa-28098	63	23	kingdom	kingdom	PROPN
cjfa-28098	63	24	led	lead	VERB
cjfa-28098	63	25	by	by	ADP
cjfa-28098	63	26	sir	sir	PROPN
cjfa-28098	63	27	adrian	adrian	PROPN
cjfa-28098	63	28	cadbury	cadbury	PROPN
cjfa-28098	63	29	,	,	PUNCT
cjfa-28098	63	30	the	the	DET
cjfa-28098	63	31	committee	committee	NOUN
cjfa-28098	63	32	define	define	VERB
cjfa-28098	63	33	cg	cg	NOUN
cjfa-28098	63	34	as	as	ADP
cjfa-28098	63	35	an	an	DET
cjfa-28098	63	36	organized	organized	ADJ
cjfa-28098	63	37	mechanism	mechanism	NOUN
cjfa-28098	63	38	through	through	ADP
cjfa-28098	63	39	which	which	PRON
cjfa-28098	63	40	corporations	corporation	NOUN
cjfa-28098	63	41	are	be	AUX
cjfa-28098	63	42	governed	govern	VERB
cjfa-28098	63	43	and	and	CCONJ
cjfa-28098	63	44	regulated	regulate	VERB
cjfa-28098	63	45	(	(	PUNCT
cjfa-28098	63	46	cadbury	cadbury	NOUN
cjfa-28098	63	47	,	,	PUNCT
cjfa-28098	63	48	1992b	1992b	NUM
cjfa-28098	63	49	)	)	PUNCT
cjfa-28098	63	50	.	.	PUNCT
cjfa-28098	64	1	this	this	DET
cjfa-28098	64	2	definition	definition	NOUN
cjfa-28098	64	3	also	also	ADV
cjfa-28098	64	4	introduces	introduce	VERB
cjfa-28098	64	5	another	another	DET
cjfa-28098	64	6	important	important	ADJ
cjfa-28098	64	7	dimension	dimension	NOUN
cjfa-28098	64	8	that	that	PRON
cjfa-28098	64	9	cg	cg	NOUN
cjfa-28098	64	10	is	be	AUX
cjfa-28098	64	11	a	a	DET
cjfa-28098	64	12	set	set	NOUN
cjfa-28098	64	13	of	of	ADP
cjfa-28098	64	14	control	control	NOUN
cjfa-28098	64	15	mechanism	mechanism	NOUN
cjfa-28098	64	16	where	where	SCONJ
cjfa-28098	64	17	ownership	ownership	NOUN
cjfa-28098	64	18	is	be	AUX
cjfa-28098	64	19	detached	detach	VERB
cjfa-28098	64	20	from	from	ADP
cjfa-28098	64	21	management	management	NOUN
cjfa-28098	64	22	.	.	PUNCT
cjfa-28098	65	1	more	more	ADV
cjfa-28098	65	2	broadly	broadly	ADV
cjfa-28098	65	3	defined	define	VERB
cjfa-28098	65	4	cg	cg	NOUN
cjfa-28098	65	5	is	be	AUX
cjfa-28098	65	6	addressed	address	VERB
cjfa-28098	65	7	by	by	ADP
cjfa-28098	65	8	(	(	PUNCT
cjfa-28098	65	9	zingales	zingale	NOUN
cjfa-28098	65	10	,	,	PUNCT
cjfa-28098	65	11	2000	2000	NUM
cjfa-28098	65	12	)	)	PUNCT
cjfa-28098	65	13	,	,	PUNCT
cjfa-28098	65	14	emphases	emphase	VERB
cjfa-28098	65	15	on	on	ADP
cjfa-28098	65	16	the	the	DET
cjfa-28098	65	17	partition	partition	NOUN
cjfa-28098	65	18	of	of	ADP
cjfa-28098	65	19	claims	claim	NOUN
cjfa-28098	65	20	.	.	PUNCT
cjfa-28098	66	1	atm	atm	PROPN
cjfa-28098	66	2	adnan	adnan	PROPN
cjfa-28098	66	3	,	,	PUNCT
cjfa-28098	66	4	nisar	nisar	PROPN
cjfa-28098	66	5	ahmed12	ahmed12	VERB
cjfa-28098	67	1	he	he	PRON
cjfa-28098	67	2	defines	define	VERB
cjfa-28098	67	3	cg	cg	NOUN
cjfa-28098	67	4	as	as	ADP
cjfa-28098	67	5	the	the	DET
cjfa-28098	67	6	multifaceted	multifaceted	ADJ
cjfa-28098	67	7	set	set	NOUN
cjfa-28098	67	8	of	of	ADP
cjfa-28098	67	9	control	control	NOUN
cjfa-28098	67	10	mechanism	mechanism	NOUN
cjfa-28098	67	11	that	that	PRON
cjfa-28098	67	12	regulates	regulate	VERB
cjfa-28098	67	13	and	and	CCONJ
cjfa-28098	67	14	negotiates	negotiate	VERB
cjfa-28098	67	15	the	the	DET
cjfa-28098	67	16	claims	claim	NOUN
cjfa-28098	67	17	of	of	ADP
cjfa-28098	67	18	the	the	DET
cjfa-28098	67	19	stakeholders	stakeholder	NOUN
cjfa-28098	67	20	over	over	ADP
cjfa-28098	67	21	the	the	DET
cjfa-28098	67	22	value	value	NOUN
cjfa-28098	67	23	generated	generate	VERB
cjfa-28098	67	24	by	by	ADP
cjfa-28098	67	25	the	the	DET
cjfa-28098	67	26	firms	firm	NOUN
cjfa-28098	67	27	through	through	ADP
cjfa-28098	67	28	the	the	DET
cjfa-28098	67	29	passage	passage	NOUN
cjfa-28098	67	30	of	of	ADP
cjfa-28098	67	31	contract	contract	NOUN
cjfa-28098	67	32	.	.	PUNCT
cjfa-28098	68	1	this	this	DET
cjfa-28098	68	2	definition	definition	NOUN
cjfa-28098	68	3	includes	include	VERB
cjfa-28098	68	4	both	both	CCONJ
cjfa-28098	68	5	the	the	DET
cjfa-28098	68	6	purpose	purpose	NOUN
cjfa-28098	68	7	of	of	ADP
cjfa-28098	68	8	value	value	NOUN
cjfa-28098	68	9	addition	addition	NOUN
cjfa-28098	68	10	by	by	ADP
cjfa-28098	68	11	firms	firm	NOUN
cjfa-28098	68	12	and	and	CCONJ
cjfa-28098	68	13	the	the	DET
cjfa-28098	68	14	distribution	distribution	NOUN
cjfa-28098	68	15	of	of	ADP
cjfa-28098	68	16	it	it	PRON
cjfa-28098	68	17	among	among	ADP
cjfa-28098	68	18	associated	associated	ADJ
cjfa-28098	68	19	stakeholders	stakeholder	NOUN
cjfa-28098	68	20	of	of	ADP
cjfa-28098	68	21	the	the	DET
cjfa-28098	68	22	firm	firm	NOUN
cjfa-28098	68	23	.	.	PUNCT
cjfa-28098	69	1	conforming	conform	VERB
cjfa-28098	69	2	to	to	ADP
cjfa-28098	69	3	this	this	DET
cjfa-28098	69	4	extensive	extensive	ADJ
cjfa-28098	69	5	meaning	meaning	NOUN
cjfa-28098	69	6	,	,	PUNCT
cjfa-28098	69	7	the	the	DET
cjfa-28098	69	8	purpose	purpose	NOUN
cjfa-28098	69	9	of	of	ADP
cjfa-28098	69	10	an	an	DET
cjfa-28098	69	11	ideal	ideal	ADJ
cjfa-28098	69	12	cg	cg	NOUN
cjfa-28098	69	13	structure	structure	NOUN
cjfa-28098	69	14	would	would	AUX
cjfa-28098	69	15	be	be	AUX
cjfa-28098	69	16	to	to	PART
cjfa-28098	69	17	increase	increase	VERB
cjfa-28098	69	18	the	the	DET
cjfa-28098	69	19	contribution	contribution	NOUN
cjfa-28098	69	20	of	of	ADP
cjfa-28098	69	21	corporations	corporation	NOUN
cjfa-28098	69	22	to	to	ADP
cjfa-28098	69	23	the	the	DET
cjfa-28098	69	24	total	total	ADJ
cjfa-28098	69	25	economy	economy	NOUN
cjfa-28098	69	26	–	–	PUNCT
cjfa-28098	69	27	that	that	PRON
cjfa-28098	69	28	would	would	AUX
cjfa-28098	69	29	embrace	embrace	VERB
cjfa-28098	69	30	the	the	DET
cjfa-28098	69	31	affiliation	affiliation	NOUN
cjfa-28098	69	32	between	between	ADP
cjfa-28098	69	33	all	all	DET
cjfa-28098	69	34	the	the	DET
cjfa-28098	69	35	internal	internal	ADJ
cjfa-28098	69	36	and	and	CCONJ
cjfa-28098	69	37	external	external	ADJ
cjfa-28098	69	38	stakeholders	stakeholder	NOUN
cjfa-28098	69	39	through	through	ADP
cjfa-28098	69	40	the	the	DET
cjfa-28098	69	41	system	system	NOUN
cjfa-28098	69	42	of	of	ADP
cjfa-28098	69	43	rules	rule	NOUN
cjfa-28098	69	44	and	and	CCONJ
cjfa-28098	69	45	law	law	NOUN
cjfa-28098	69	46	(	(	PUNCT
cjfa-28098	69	47	gillan	gillan	PROPN
cjfa-28098	69	48	&	&	CCONJ
cjfa-28098	69	49	starks	starks	PROPN
cjfa-28098	69	50	,	,	PUNCT
cjfa-28098	69	51	2000	2000	NUM
cjfa-28098	69	52	)	)	PUNCT
cjfa-28098	69	53	.	.	PUNCT
cjfa-28098	70	1	regardless	regardless	ADV
cjfa-28098	70	2	of	of	ADP
cjfa-28098	70	3	the	the	DET
cjfa-28098	70	4	above	above	ADJ
cjfa-28098	70	5	definition	definition	NOUN
cjfa-28098	70	6	described	describe	VERB
cjfa-28098	70	7	,	,	PUNCT
cjfa-28098	70	8	researchers	researcher	NOUN
cjfa-28098	70	9	often	often	ADV
cjfa-28098	70	10	consider	consider	VERB
cjfa-28098	70	11	cg	cg	NOUN
cjfa-28098	70	12	mechanisms	mechanism	NOUN
cjfa-28098	70	13	as	as	ADP
cjfa-28098	70	14	classified	classify	VERB
cjfa-28098	70	15	into	into	ADP
cjfa-28098	70	16	one	one	NUM
cjfa-28098	70	17	of	of	ADP
cjfa-28098	70	18	two	two	NUM
cjfa-28098	70	19	sets	set	NOUN
cjfa-28098	70	20	:	:	PUNCT
cjfa-28098	70	21	those	those	PRON
cjfa-28098	70	22	applied	apply	VERB
cjfa-28098	70	23	internal	internal	ADJ
cjfa-28098	70	24	to	to	ADP
cjfa-28098	70	25	firms	firm	NOUN
cjfa-28098	70	26	and	and	CCONJ
cjfa-28098	70	27	those	those	DET
cjfa-28098	70	28	applied	apply	VERB
cjfa-28098	70	29	external	external	ADJ
cjfa-28098	70	30	to	to	ADP
cjfa-28098	70	31	firms	firm	NOUN
cjfa-28098	70	32	.	.	PUNCT
cjfa-28098	71	1	the	the	DET
cjfa-28098	71	2	straightforward	straightforward	ADJ
cjfa-28098	71	3	balance	balance	NOUN
cjfa-28098	71	4	sheet	sheet	NOUN
cjfa-28098	71	5	model	model	NOUN
cjfa-28098	71	6	exhibited	exhibit	VERB
cjfa-28098	71	7	in	in	ADP
cjfa-28098	71	8	the	the	DET
cjfa-28098	71	9	figure	figure	NOUN
cjfa-28098	71	10	1	1	NUM
cjfa-28098	71	11	demonstrates	demonstrate	VERB
cjfa-28098	71	12	the	the	DET
cjfa-28098	71	13	principle	principle	NOUN
cjfa-28098	71	14	of	of	ADP
cjfa-28098	71	15	this	this	DET
cjfa-28098	71	16	affiliation	affiliation	NOUN
cjfa-28098	71	17	.	.	PUNCT
cjfa-28098	72	1	on	on	ADP
cjfa-28098	72	2	the	the	DET
cjfa-28098	72	3	left	left	ADJ
cjfa-28098	72	4	side	side	NOUN
cjfa-28098	72	5	which	which	PRON
cjfa-28098	72	6	serves	serve	VERB
cjfa-28098	72	7	as	as	ADP
cjfa-28098	72	8	the	the	DET
cjfa-28098	72	9	basis	basis	NOUN
cjfa-28098	72	10	for	for	ADP
cjfa-28098	72	11	internal	internal	ADJ
cjfa-28098	72	12	control	control	NOUN
cjfa-28098	72	13	mechanism	mechanism	NOUN
cjfa-28098	72	14	consists	consist	VERB
cjfa-28098	72	15	of	of	ADP
cjfa-28098	72	16	management	management	NOUN
cjfa-28098	72	17	and	and	CCONJ
cjfa-28098	72	18	board	board	NOUN
cjfa-28098	72	19	of	of	ADP
cjfa-28098	72	20	directors	director	NOUN
cjfa-28098	72	21	(	(	PUNCT
cjfa-28098	72	22	bod	bod	PROPN
cjfa-28098	72	23	as	as	SCONJ
cjfa-28098	72	24	proceed	proceed	ADJ
cjfa-28098	72	25	)	)	PUNCT
cjfa-28098	72	26	.	.	PUNCT
cjfa-28098	73	1	management	management	NOUN
cjfa-28098	73	2	serves	serve	VERB
cjfa-28098	73	3	as	as	ADP
cjfa-28098	73	4	an	an	DET
cjfa-28098	73	5	agent	agent	NOUN
cjfa-28098	73	6	of	of	ADP
cjfa-28098	73	7	the	the	DET
cjfa-28098	73	8	investors	investor	NOUN
cjfa-28098	73	9	deciding	decide	VERB
cjfa-28098	73	10	on	on	ADP
cjfa-28098	73	11	the	the	DET
cjfa-28098	73	12	investing	investing	NOUN
cjfa-28098	73	13	and	and	CCONJ
cjfa-28098	73	14	financing	financing	NOUN
cjfa-28098	73	15	decision	decision	NOUN
cjfa-28098	73	16	whereas	whereas	SCONJ
cjfa-28098	73	17	the	the	DET
cjfa-28098	73	18	bod	bod	NOUN
cjfa-28098	73	19	stays	stay	VERB
cjfa-28098	73	20	at	at	ADP
cjfa-28098	73	21	peak	peak	NOUN
cjfa-28098	73	22	of	of	ADP
cjfa-28098	73	23	governance	governance	NOUN
cjfa-28098	73	24	structure	structure	NOUN
cjfa-28098	73	25	to	to	PART
cjfa-28098	73	26	perform	perform	VERB
cjfa-28098	73	27	the	the	DET
cjfa-28098	73	28	duty	duty	NOUN
cjfa-28098	73	29	of	of	ADP
cjfa-28098	73	30	guiding	guiding	NOUN
cjfa-28098	73	31	and	and	CCONJ
cjfa-28098	73	32	supervising	supervise	VERB
cjfa-28098	73	33	the	the	DET
cjfa-28098	73	34	management	management	NOUN
cjfa-28098	73	35	team	team	NOUN
cjfa-28098	73	36	(	(	PUNCT
cjfa-28098	73	37	jensen	jensen	PROPN
cjfa-28098	73	38	,	,	PUNCT
cjfa-28098	73	39	1993	1993	NUM
cjfa-28098	73	40	)	)	PUNCT
cjfa-28098	73	41	.	.	PUNCT
cjfa-28098	74	1	equity	equity	NOUN
cjfa-28098	74	2	holders	holder	NOUN
cjfa-28098	74	3	and	and	CCONJ
cjfa-28098	74	4	debt	debt	NOUN
cjfa-28098	74	5	holders	holder	NOUN
cjfa-28098	74	6	on	on	ADP
cjfa-28098	74	7	the	the	DET
cjfa-28098	74	8	right	right	ADJ
cjfa-28098	74	9	side	side	NOUN
cjfa-28098	74	10	of	of	ADP
cjfa-28098	74	11	the	the	DET
cjfa-28098	74	12	diagram	diagram	NOUN
cjfa-28098	74	13	serve	serve	VERB
cjfa-28098	74	14	as	as	ADP
cjfa-28098	74	15	the	the	DET
cjfa-28098	74	16	external	external	ADJ
cjfa-28098	74	17	governance	governance	NOUN
cjfa-28098	74	18	mechanism	mechanism	NOUN
cjfa-28098	74	19	.	.	PUNCT
cjfa-28098	75	1	their	their	PRON
cjfa-28098	75	2	existence	existence	NOUN
cjfa-28098	75	3	reveals	reveal	VERB
cjfa-28098	75	4	due	due	ADJ
cjfa-28098	75	5	to	to	ADP
cjfa-28098	75	6	firms	firm	NOUN
cjfa-28098	75	7	financing	financing	NOUN
cjfa-28098	75	8	requirement	requirement	NOUN
cjfa-28098	75	9	as	as	ADV
cjfa-28098	75	10	well	well	ADV
cjfa-28098	75	11	as	as	SCONJ
cjfa-28098	75	12	it	it	PRON
cjfa-28098	75	13	focuses	focus	VERB
cjfa-28098	75	14	on	on	ADP
cjfa-28098	75	15	the	the	DET
cjfa-28098	75	16	fact	fact	NOUN
cjfa-28098	75	17	that	that	SCONJ
cjfa-28098	75	18	controller	controller	NOUN
cjfa-28098	75	19	/	/	SYM
cjfa-28098	75	20	user	user	NOUN
cjfa-28098	75	21	and	and	CCONJ
cjfa-28098	75	22	provider	provider	NOUN
cjfa-28098	75	23	of	of	ADP
cjfa-28098	75	24	the	the	DET
cjfa-28098	75	25	capital	capital	NOUN
cjfa-28098	75	26	are	be	AUX
cjfa-28098	75	27	not	not	PART
cjfa-28098	75	28	the	the	DET
cjfa-28098	75	29	same	same	ADJ
cjfa-28098	75	30	entity	entity	NOUN
cjfa-28098	75	31	.	.	PUNCT
cjfa-28098	76	1	this	this	DET
cjfa-28098	76	2	difference	difference	NOUN
cjfa-28098	76	3	initiates	initiate	VERB
cjfa-28098	76	4	the	the	DET
cjfa-28098	76	5	urge	urge	NOUN
cjfa-28098	76	6	for	for	ADP
cjfa-28098	76	7	good	good	ADJ
cjfa-28098	76	8	corporate	corporate	ADJ
cjfa-28098	76	9	governance	governance	NOUN
cjfa-28098	76	10	framework	framework	NOUN
cjfa-28098	76	11	(	(	PUNCT
cjfa-28098	76	12	gillan	gillan	PROPN
cjfa-28098	76	13	,	,	PUNCT
cjfa-28098	76	14	2006	2006	NUM
cjfa-28098	76	15	)	)	PUNCT
cjfa-28098	76	16	.	.	PUNCT
cjfa-28098	77	1	however	however	ADV
cjfa-28098	77	2	,	,	PUNCT
cjfa-28098	77	3	the	the	DET
cjfa-28098	77	4	meaning	meaning	NOUN
cjfa-28098	77	5	of	of	ADP
cjfa-28098	77	6	corporations	corporation	NOUN
cjfa-28098	77	7	is	be	AUX
cjfa-28098	77	8	considered	consider	VERB
cjfa-28098	77	9	to	to	PART
cjfa-28098	77	10	reach	reach	VERB
cjfa-28098	77	11	far	far	ADV
cjfa-28098	77	12	beyond	beyond	ADP
cjfa-28098	77	13	the	the	DET
cjfa-28098	77	14	mere	mere	ADJ
cjfa-28098	77	15	boundary	boundary	NOUN
cjfa-28098	77	16	of	of	ADP
cjfa-28098	77	17	bod	bod	PROPN
cjfa-28098	77	18	,	,	PUNCT
cjfa-28098	77	19	management	management	NOUN
cjfa-28098	77	20	and	and	CCONJ
cjfa-28098	77	21	capital	capital	NOUN
cjfa-28098	77	22	providers	provider	NOUN
cjfa-28098	77	23	.	.	PUNCT
cjfa-28098	78	1	the	the	DET
cjfa-28098	78	2	comprehensive	comprehensive	ADJ
cjfa-28098	78	3	structure	structure	NOUN
cjfa-28098	78	4	of	of	ADP
cjfa-28098	78	5	corporations	corporation	NOUN
cjfa-28098	78	6	is	be	AUX
cjfa-28098	78	7	inclusive	inclusive	ADJ
cjfa-28098	78	8	of	of	ADP
cjfa-28098	78	9	other	other	ADJ
cjfa-28098	78	10	interest	interest	NOUN
cjfa-28098	78	11	bearers	bearer	NOUN
cjfa-28098	78	12	such	such	ADJ
cjfa-28098	78	13	as	as	ADP
cjfa-28098	78	14	suppliers	supplier	NOUN
cjfa-28098	78	15	,	,	PUNCT
cjfa-28098	78	16	employees	employee	NOUN
cjfa-28098	78	17	,	,	PUNCT
cjfa-28098	78	18	customers	customer	NOUN
cjfa-28098	78	19	.	.	PUNCT
cjfa-28098	79	1	in	in	ADP
cjfa-28098	79	2	the	the	DET
cjfa-28098	79	3	more	more	ADV
cjfa-28098	79	4	broader	broad	ADJ
cjfa-28098	79	5	sense	sense	NOUN
cjfa-28098	79	6	it	it	PRON
cjfa-28098	79	7	also	also	ADV
cjfa-28098	79	8	incorporates	incorporate	VERB
cjfa-28098	79	9	the	the	DET
cjfa-28098	79	10	community	community	NOUN
cjfa-28098	79	11	,	,	PUNCT
cjfa-28098	79	12	political	political	ADJ
cjfa-28098	79	13	and	and	CCONJ
cjfa-28098	79	14	legal	legal	ADJ
cjfa-28098	79	15	atmosphere	atmosphere	NOUN
cjfa-28098	79	16	as	as	ADV
cjfa-28098	79	17	well	well	ADV
cjfa-28098	79	18	as	as	ADP
cjfa-28098	79	19	the	the	DET
cjfa-28098	79	20	market	market	NOUN
cjfa-28098	79	21	in	in	ADP
cjfa-28098	79	22	which	which	PRON
cjfa-28098	79	23	it	it	PRON
cjfa-28098	79	24	is	be	AUX
cjfa-28098	79	25	operating	operate	VERB
cjfa-28098	79	26	which	which	PRON
cjfa-28098	79	27	truly	truly	ADV
cjfa-28098	79	28	reflect	reflect	VERB
cjfa-28098	79	29	the	the	DET
cjfa-28098	79	30	true	true	ADJ
cjfa-28098	79	31	essence	essence	NOUN
cjfa-28098	79	32	of	of	ADP
cjfa-28098	79	33	stakeholders	stakeholder	NOUN
cjfa-28098	79	34	’	'	PUNCT
cjfa-28098	79	35	perspective	perspective	NOUN
cjfa-28098	79	36	of	of	ADP
cjfa-28098	79	37	cg	cg	NOUN
cjfa-28098	79	38	(	(	PUNCT
cjfa-28098	79	39	jensen	jensen	PROPN
cjfa-28098	79	40	,	,	PUNCT
cjfa-28098	79	41	2001	2001	NUM
cjfa-28098	79	42	)	)	PUNCT
cjfa-28098	79	43	.	.	PUNCT
cjfa-28098	80	1	considering	consider	VERB
cjfa-28098	80	2	the	the	DET
cjfa-28098	80	3	large	large	ADJ
cjfa-28098	80	4	number	number	NOUN
cjfa-28098	80	5	of	of	ADP
cjfa-28098	80	6	theoretical	theoretical	ADJ
cjfa-28098	80	7	viewpoints	viewpoint	NOUN
cjfa-28098	80	8	presented	present	VERB
cjfa-28098	80	9	and	and	CCONJ
cjfa-28098	80	10	variety	variety	NOUN
cjfa-28098	80	11	of	of	ADP
cjfa-28098	80	12	corporate	corporate	ADJ
cjfa-28098	80	13	governance	governance	NOUN
cjfa-28098	80	14	applications	application	NOUN
cjfa-28098	80	15	around	around	ADP
cjfa-28098	80	16	the	the	DET
cjfa-28098	80	17	globe	globe	NOUN
cjfa-28098	80	18	,	,	PUNCT
cjfa-28098	80	19	reaching	reach	VERB
cjfa-28098	80	20	to	to	ADP
cjfa-28098	80	21	a	a	DET
cjfa-28098	80	22	clear	clear	ADJ
cjfa-28098	80	23	and	and	CCONJ
cjfa-28098	80	24	universal	universal	ADJ
cjfa-28098	80	25	characterization	characterization	NOUN
cjfa-28098	80	26	of	of	ADP
cjfa-28098	80	27	corporate	corporate	ADJ
cjfa-28098	80	28	governance	governance	NOUN
cjfa-28098	80	29	remains	remain	VERB
cjfa-28098	80	30	an	an	DET
cjfa-28098	80	31	exigent	exigent	ADJ
cjfa-28098	80	32	task	task	NOUN
cjfa-28098	80	33	.	.	PUNCT
cjfa-28098	81	1	still	still	ADV
cjfa-28098	81	2	researchers	researcher	NOUN
cjfa-28098	81	3	and	and	CCONJ
cjfa-28098	81	4	academicians	academician	NOUN
cjfa-28098	81	5	have	have	AUX
cjfa-28098	81	6	encountered	encounter	VERB
cjfa-28098	81	7	the	the	DET
cjfa-28098	81	8	topic	topic	NOUN
cjfa-28098	81	9	of	of	ADP
cjfa-28098	81	10	corporate	corporate	ADJ
cjfa-28098	81	11	governance	governance	NOUN
cjfa-28098	81	12	from	from	ADP
cjfa-28098	81	13	economic	economic	ADJ
cjfa-28098	81	14	,	,	PUNCT
cjfa-28098	81	15	social	social	ADJ
cjfa-28098	81	16	,	,	PUNCT
cjfa-28098	81	17	legal	legal	ADJ
cjfa-28098	81	18	and	and	CCONJ
cjfa-28098	81	19	cultural	cultural	ADJ
cjfa-28098	81	20	perspectives	perspective	NOUN
cjfa-28098	81	21	.	.	PUNCT
cjfa-28098	82	1	such	such	ADJ
cjfa-28098	82	2	as	as	ADP
cjfa-28098	82	3	(	(	PUNCT
cjfa-28098	82	4	dalton	dalton	PROPN
cjfa-28098	82	5	,	,	PUNCT
cjfa-28098	82	6	hitt	hitt	PROPN
cjfa-28098	82	7	,	,	PUNCT
cjfa-28098	82	8	certo	certo	PROPN
cjfa-28098	82	9	&	&	CCONJ
cjfa-28098	82	10	dalto	dalto	NOUN
cjfa-28098	82	11	,	,	PUNCT
cjfa-28098	82	12	2007	2007	NUM
cjfa-28098	82	13	)	)	PUNCT
cjfa-28098	82	14	suggest	suggest	VERB
cjfa-28098	82	15	how	how	SCONJ
cjfa-28098	82	16	the	the	DET
cjfa-28098	82	17	agency	agency	NOUN
cjfa-28098	82	18	standpoint	standpoint	NOUN
cjfa-28098	82	19	of	of	ADP
cjfa-28098	82	20	view	view	NOUN
cjfa-28098	82	21	influence	influence	VERB
cjfa-28098	82	22	different	different	ADJ
cjfa-28098	82	23	cg	cg	NOUN
cjfa-28098	82	24	structure	structure	NOUN
cjfa-28098	82	25	such	such	ADJ
cjfa-28098	82	26	as	as	ADP
cjfa-28098	82	27	formation	formation	NOUN
cjfa-28098	82	28	of	of	ADP
cjfa-28098	82	29	the	the	DET
cjfa-28098	82	30	ownership	ownership	NOUN
cjfa-28098	82	31	,	,	PUNCT
cjfa-28098	82	32	bod	bod	NOUN
cjfa-28098	82	33	com	com	NOUN
cjfa-28098	82	34	the	the	DET
cjfa-28098	82	35	transformation	transformation	NOUN
cjfa-28098	82	36	of	of	ADP
cjfa-28098	82	37	the	the	DET
cjfa-28098	82	38	corporate	corporate	ADJ
cjfa-28098	82	39	governance	governance	NOUN
cjfa-28098	82	40	model	model	NOUN
cjfa-28098	82	41	…	…	PUNCT
cjfa-28098	82	42	13	13	NUM
cjfa-28098	82	43	position	position	NOUN
cjfa-28098	82	44	and	and	CCONJ
cjfa-28098	82	45	the	the	DET
cjfa-28098	82	46	corporate	corporate	ADJ
cjfa-28098	82	47	control	control	NOUN
cjfa-28098	82	48	mechanism	mechanism	NOUN
cjfa-28098	82	49	from	from	ADP
cjfa-28098	82	50	a	a	DET
cjfa-28098	82	51	finance	finance	NOUN
cjfa-28098	82	52	and	and	CCONJ
cjfa-28098	82	53	economics	economic	NOUN
cjfa-28098	82	54	point	point	NOUN
cjfa-28098	82	55	of	of	ADP
cjfa-28098	82	56	view	view	NOUN
cjfa-28098	82	57	.	.	PUNCT
cjfa-28098	83	1	(	(	PUNCT
cjfa-28098	83	2	adams	adams	PROPN
cjfa-28098	83	3	,	,	PUNCT
cjfa-28098	83	4	hermalin	hermalin	PROPN
cjfa-28098	83	5	&	&	CCONJ
cjfa-28098	83	6	weisbach	weisbach	NOUN
cjfa-28098	83	7	,	,	PUNCT
cjfa-28098	83	8	2010	2010	NUM
cjfa-28098	83	9	)	)	PUNCT
cjfa-28098	83	10	also	also	ADV
cjfa-28098	83	11	studies	study	VERB
cjfa-28098	83	12	the	the	DET
cjfa-28098	83	13	functions	function	NOUN
cjfa-28098	83	14	of	of	ADP
cjfa-28098	83	15	the	the	DET
cjfa-28098	83	16	bod	bod	NOUN
cjfa-28098	83	17	and	and	CCONJ
cjfa-28098	83	18	found	find	VERB
cjfa-28098	83	19	it	it	PRON
cjfa-28098	83	20	as	as	ADP
cjfa-28098	83	21	a	a	DET
cjfa-28098	83	22	key	key	ADJ
cjfa-28098	83	23	element	element	NOUN
cjfa-28098	83	24	of	of	ADP
cjfa-28098	83	25	the	the	DET
cjfa-28098	83	26	cg	cg	NOUN
cjfa-28098	83	27	policy	policy	NOUN
cjfa-28098	83	28	debate	debate	NOUN
cjfa-28098	83	29	.	.	PUNCT
cjfa-28098	84	1	figure	figure	NOUN
cjfa-28098	84	2	1	1	NUM
cjfa-28098	84	3	.	.	PUNCT
cjfa-28098	84	4	balance	balance	NOUN
cjfa-28098	84	5	sheet	sheet	NOUN
cjfa-28098	84	6	model	model	NOUN
cjfa-28098	84	7	of	of	ADP
cjfa-28098	84	8	cg	cg	PROPN
cjfa-28098	84	9	model	model	PROPN
cjfa-28098	84	10	source	source	PROPN
cjfa-28098	84	11	:	:	PUNCT
cjfa-28098	84	12	(	(	PUNCT
cjfa-28098	84	13	ross	ross	PROPN
cjfa-28098	84	14	,	,	PUNCT
cjfa-28098	84	15	westerfield	westerfield	PROPN
cjfa-28098	84	16	&	&	CCONJ
cjfa-28098	84	17	jaffe	jaffe	PROPN
cjfa-28098	84	18	,	,	PUNCT
cjfa-28098	84	19	2002	2002	NUM
cjfa-28098	84	20	)	)	PUNCT
cjfa-28098	84	21	.	.	PUNCT
cjfa-28098	85	1	however	however	ADV
cjfa-28098	85	2	,	,	PUNCT
cjfa-28098	85	3	the	the	DET
cjfa-28098	85	4	meaning	meaning	NOUN
cjfa-28098	85	5	of	of	ADP
cjfa-28098	85	6	corporations	corporation	NOUN
cjfa-28098	85	7	is	be	AUX
cjfa-28098	85	8	considered	consider	VERB
cjfa-28098	85	9	to	to	PART
cjfa-28098	85	10	reach	reach	VERB
cjfa-28098	85	11	far	far	ADV
cjfa-28098	85	12	beyond	beyond	ADP
cjfa-28098	85	13	the	the	DET
cjfa-28098	85	14	mere	mere	ADJ
cjfa-28098	85	15	boundary	boundary	NOUN
cjfa-28098	85	16	of	of	ADP
cjfa-28098	85	17	bod	bod	PROPN
cjfa-28098	85	18	,	,	PUNCT
cjfa-28098	85	19	management	management	NOUN
cjfa-28098	85	20	and	and	CCONJ
cjfa-28098	85	21	capital	capital	NOUN
cjfa-28098	85	22	providers	provider	NOUN
cjfa-28098	85	23	.	.	PUNCT
cjfa-28098	86	1	the	the	DET
cjfa-28098	86	2	comprehensive	comprehensive	ADJ
cjfa-28098	86	3	structure	structure	NOUN
cjfa-28098	86	4	of	of	ADP
cjfa-28098	86	5	corporations	corporation	NOUN
cjfa-28098	86	6	is	be	AUX
cjfa-28098	86	7	inclusive	inclusive	ADJ
cjfa-28098	86	8	of	of	ADP
cjfa-28098	86	9	other	other	ADJ
cjfa-28098	86	10	interest	interest	NOUN
cjfa-28098	86	11	bearers	bearer	NOUN
cjfa-28098	86	12	such	such	ADJ
cjfa-28098	86	13	as	as	ADP
cjfa-28098	86	14	suppliers	supplier	NOUN
cjfa-28098	86	15	,	,	PUNCT
cjfa-28098	86	16	employees	employee	NOUN
cjfa-28098	86	17	,	,	PUNCT
cjfa-28098	86	18	customers	customer	NOUN
cjfa-28098	86	19	.	.	PUNCT
cjfa-28098	87	1	in	in	ADP
cjfa-28098	87	2	the	the	DET
cjfa-28098	87	3	more	more	ADV
cjfa-28098	87	4	broader	broad	ADJ
cjfa-28098	87	5	sense	sense	NOUN
cjfa-28098	87	6	it	it	PRON
cjfa-28098	87	7	also	also	ADV
cjfa-28098	87	8	incorporates	incorporate	VERB
cjfa-28098	87	9	the	the	DET
cjfa-28098	87	10	community	community	NOUN
cjfa-28098	87	11	,	,	PUNCT
cjfa-28098	87	12	political	political	ADJ
cjfa-28098	87	13	and	and	CCONJ
cjfa-28098	87	14	legal	legal	ADJ
cjfa-28098	87	15	atmosphere	atmosphere	NOUN
cjfa-28098	87	16	as	as	ADV
cjfa-28098	87	17	well	well	ADV
cjfa-28098	87	18	as	as	ADP
cjfa-28098	87	19	the	the	DET
cjfa-28098	87	20	market	market	NOUN
cjfa-28098	87	21	in	in	ADP
cjfa-28098	87	22	which	which	PRON
cjfa-28098	87	23	it	it	PRON
cjfa-28098	87	24	is	be	AUX
cjfa-28098	87	25	operating	operate	VERB
cjfa-28098	87	26	which	which	PRON
cjfa-28098	87	27	truly	truly	ADV
cjfa-28098	87	28	reflect	reflect	VERB
cjfa-28098	87	29	the	the	DET
cjfa-28098	87	30	true	true	ADJ
cjfa-28098	87	31	essence	essence	NOUN
cjfa-28098	87	32	of	of	ADP
cjfa-28098	87	33	stakeholders	stakeholder	NOUN
cjfa-28098	87	34	’	'	PUNCT
cjfa-28098	87	35	perspective	perspective	NOUN
cjfa-28098	87	36	of	of	ADP
cjfa-28098	87	37	cg	cg	NOUN
cjfa-28098	87	38	(	(	PUNCT
cjfa-28098	87	39	jensen	jensen	PROPN
cjfa-28098	87	40	,	,	PUNCT
cjfa-28098	87	41	2001	2001	NUM
cjfa-28098	87	42	)	)	PUNCT
cjfa-28098	87	43	.	.	PUNCT
cjfa-28098	88	1	considering	consider	VERB
cjfa-28098	88	2	the	the	DET
cjfa-28098	88	3	large	large	ADJ
cjfa-28098	88	4	number	number	NOUN
cjfa-28098	88	5	of	of	ADP
cjfa-28098	88	6	theoretical	theoretical	ADJ
cjfa-28098	88	7	viewpoints	viewpoint	NOUN
cjfa-28098	88	8	presented	present	VERB
cjfa-28098	88	9	and	and	CCONJ
cjfa-28098	88	10	variety	variety	NOUN
cjfa-28098	88	11	of	of	ADP
cjfa-28098	88	12	corporate	corporate	ADJ
cjfa-28098	88	13	governance	governance	NOUN
cjfa-28098	88	14	applications	application	NOUN
cjfa-28098	88	15	around	around	ADP
cjfa-28098	88	16	the	the	DET
cjfa-28098	88	17	globe	globe	NOUN
cjfa-28098	88	18	,	,	PUNCT
cjfa-28098	88	19	reaching	reach	VERB
cjfa-28098	88	20	to	to	ADP
cjfa-28098	88	21	a	a	DET
cjfa-28098	88	22	clear	clear	ADJ
cjfa-28098	88	23	and	and	CCONJ
cjfa-28098	88	24	universal	universal	ADJ
cjfa-28098	88	25	characterization	characterization	NOUN
cjfa-28098	88	26	of	of	ADP
cjfa-28098	88	27	corporate	corporate	ADJ
cjfa-28098	88	28	governance	governance	NOUN
cjfa-28098	88	29	remains	remain	VERB
cjfa-28098	88	30	an	an	DET
cjfa-28098	88	31	exigent	exigent	ADJ
cjfa-28098	88	32	task	task	NOUN
cjfa-28098	88	33	.	.	PUNCT
cjfa-28098	89	1	still	still	ADV
cjfa-28098	89	2	researchers	researcher	NOUN
cjfa-28098	89	3	and	and	CCONJ
cjfa-28098	89	4	academicians	academician	NOUN
cjfa-28098	89	5	have	have	AUX
cjfa-28098	89	6	encountered	encounter	VERB
cjfa-28098	89	7	the	the	DET
cjfa-28098	89	8	topic	topic	NOUN
cjfa-28098	89	9	of	of	ADP
cjfa-28098	89	10	corporate	corporate	ADJ
cjfa-28098	89	11	governance	governance	NOUN
cjfa-28098	89	12	from	from	ADP
cjfa-28098	89	13	economic	economic	ADJ
cjfa-28098	89	14	,	,	PUNCT
cjfa-28098	89	15	social	social	ADJ
cjfa-28098	89	16	,	,	PUNCT
cjfa-28098	89	17	legal	legal	ADJ
cjfa-28098	89	18	and	and	CCONJ
cjfa-28098	89	19	cultural	cultural	ADJ
cjfa-28098	89	20	perspectives	perspective	NOUN
cjfa-28098	89	21	.	.	PUNCT
cjfa-28098	90	1	such	such	ADJ
cjfa-28098	90	2	as	as	ADP
cjfa-28098	90	3	(	(	PUNCT
cjfa-28098	90	4	dalton	dalton	PROPN
cjfa-28098	90	5	,	,	PUNCT
cjfa-28098	90	6	hitt	hitt	PROPN
cjfa-28098	90	7	,	,	PUNCT
cjfa-28098	90	8	certo	certo	PROPN
cjfa-28098	90	9	&	&	CCONJ
cjfa-28098	90	10	dalto	dalto	NOUN
cjfa-28098	90	11	,	,	PUNCT
cjfa-28098	90	12	2007	2007	NUM
cjfa-28098	90	13	)	)	PUNCT
cjfa-28098	90	14	suggest	suggest	VERB
cjfa-28098	90	15	how	how	SCONJ
cjfa-28098	90	16	the	the	DET
cjfa-28098	90	17	agency	agency	NOUN
cjfa-28098	90	18	standpoint	standpoint	NOUN
cjfa-28098	90	19	of	of	ADP
cjfa-28098	90	20	view	view	NOUN
cjfa-28098	90	21	influence	influence	VERB
cjfa-28098	90	22	different	different	ADJ
cjfa-28098	90	23	cg	cg	NOUN
cjfa-28098	90	24	structure	structure	NOUN
cjfa-28098	90	25	such	such	ADJ
cjfa-28098	90	26	as	as	ADP
cjfa-28098	90	27	formation	formation	NOUN
cjfa-28098	90	28	of	of	ADP
cjfa-28098	90	29	the	the	DET
cjfa-28098	90	30	ownership	ownership	NOUN
cjfa-28098	90	31	,	,	PUNCT
cjfa-28098	90	32	bod	bod	ADJ
cjfa-28098	90	33	composition	composition	NOUN
cjfa-28098	90	34	and	and	CCONJ
cjfa-28098	90	35	the	the	DET
cjfa-28098	90	36	corporate	corporate	ADJ
cjfa-28098	90	37	control	control	NOUN
cjfa-28098	90	38	mechanism	mechanism	NOUN
cjfa-28098	90	39	from	from	ADP
cjfa-28098	90	40	a	a	DET
cjfa-28098	90	41	finance	finance	NOUN
cjfa-28098	90	42	and	and	CCONJ
cjfa-28098	90	43	economics	economic	NOUN
cjfa-28098	90	44	point	point	NOUN
cjfa-28098	90	45	of	of	ADP
cjfa-28098	90	46	view	view	NOUN
cjfa-28098	90	47	.	.	PUNCT
cjfa-28098	91	1	(	(	PUNCT
cjfa-28098	91	2	adams	adams	PROPN
cjfa-28098	91	3	,	,	PUNCT
cjfa-28098	91	4	hermalin	hermalin	PROPN
cjfa-28098	91	5	&	&	CCONJ
cjfa-28098	91	6	weisbach	weisbach	NOUN
cjfa-28098	91	7	,	,	PUNCT
cjfa-28098	91	8	2010	2010	NUM
cjfa-28098	91	9	)	)	PUNCT
cjfa-28098	91	10	also	also	ADV
cjfa-28098	91	11	studies	study	VERB
cjfa-28098	91	12	the	the	DET
cjfa-28098	91	13	functions	function	NOUN
cjfa-28098	91	14	of	of	ADP
cjfa-28098	91	15	the	the	DET
cjfa-28098	91	16	bod	bod	NOUN
cjfa-28098	91	17	and	and	CCONJ
cjfa-28098	91	18	found	find	VERB
cjfa-28098	91	19	it	it	PRON
cjfa-28098	91	20	as	as	ADP
cjfa-28098	91	21	a	a	DET
cjfa-28098	91	22	key	key	ADJ
cjfa-28098	91	23	element	element	NOUN
cjfa-28098	91	24	of	of	ADP
cjfa-28098	91	25	the	the	DET
cjfa-28098	91	26	cg	cg	NOUN
cjfa-28098	91	27	policy	policy	NOUN
cjfa-28098	91	28	debate	debate	NOUN
cjfa-28098	91	29	.	.	PUNCT
cjfa-28098	92	1	another	another	DET
cjfa-28098	92	2	substitute	substitute	NOUN
cjfa-28098	92	3	of	of	ADP
cjfa-28098	92	4	the	the	DET
cjfa-28098	92	5	“	"	PUNCT
cjfa-28098	92	6	principle	principle	ADJ
cjfa-28098	92	7	-	-	PUNCT
cjfa-28098	92	8	agent	agent	NOUN
cjfa-28098	92	9	”	"	PUNCT
cjfa-28098	92	10	observation	observation	NOUN
cjfa-28098	92	11	is	be	AUX
cjfa-28098	92	12	the	the	DET
cjfa-28098	92	13	“	"	PUNCT
cjfa-28098	92	14	team	team	NOUN
cjfa-28098	92	15	production	production	NOUN
cjfa-28098	92	16	”	"	PUNCT
cjfa-28098	92	17	model	model	NOUN
cjfa-28098	92	18	,	,	PUNCT
cjfa-28098	92	19	which	which	PRON
cjfa-28098	92	20	argues	argue	VERB
cjfa-28098	92	21	that	that	SCONJ
cjfa-28098	92	22	that	that	SCONJ
cjfa-28098	92	23	the	the	DET
cjfa-28098	92	24	companies	company	NOUN
cjfa-28098	92	25	incorporate	incorporate	VERB
cjfa-28098	92	26	a	a	DET
cjfa-28098	92	27	considerable	considerable	ADJ
cjfa-28098	92	28	group	group	NOUN
cjfa-28098	92	29	of	of	ADP
cjfa-28098	92	30	stakeholders	stakeholder	NOUN
cjfa-28098	92	31	who	who	PRON
cjfa-28098	92	32	spend	spend	VERB
cjfa-28098	92	33	on	on	ADP
cjfa-28098	92	34	firmspecific	firmspecific	ADJ
cjfa-28098	92	35	assets	asset	NOUN
cjfa-28098	92	36	,	,	PUNCT
cjfa-28098	92	37	but	but	CCONJ
cjfa-28098	92	38	mutually	mutually	ADV
cjfa-28098	92	39	abandon	abandon	VERB
cjfa-28098	92	40	power	power	NOUN
cjfa-28098	92	41	over	over	ADP
cjfa-28098	92	42	those	those	DET
cjfa-28098	92	43	assets	asset	NOUN
cjfa-28098	92	44	to	to	ADP
cjfa-28098	92	45	the	the	DET
cjfa-28098	92	46	governing	govern	VERB
cjfa-28098	92	47	board	board	NOUN
cjfa-28098	92	48	for	for	ADP
cjfa-28098	92	49	their	their	PRON
cjfa-28098	92	50	own	own	ADJ
cjfa-28098	92	51	interest	interest	NOUN
cjfa-28098	92	52	with	with	ADP
cjfa-28098	92	53	a	a	DET
cjfa-28098	92	54	view	view	NOUN
cjfa-28098	92	55	to	to	PART
cjfa-28098	92	56	resolve	resolve	VERB
cjfa-28098	92	57	the	the	DET
cjfa-28098	92	58	difficulty	difficulty	NOUN
cjfa-28098	92	59	of	of	ADP
cjfa-28098	92	60	organized	organized	ADJ
cjfa-28098	92	61	resolution	resolution	NOUN
cjfa-28098	92	62	within	within	ADP
cjfa-28098	92	63	the	the	DET
cjfa-28098	92	64	team	team	NOUN
cjfa-28098	92	65	(	(	PUNCT
cjfa-28098	92	66	blair	blair	PROPN
cjfa-28098	92	67	&	&	CCONJ
cjfa-28098	92	68	stout	stout	PROPN
cjfa-28098	92	69	,	,	PUNCT
cjfa-28098	92	70	1999	1999	NUM
cjfa-28098	92	71	)	)	PUNCT
cjfa-28098	92	72	.	.	PUNCT
cjfa-28098	93	1	in	in	ADP
cjfa-28098	93	2	the	the	DET
cjfa-28098	93	3	same	same	ADJ
cjfa-28098	93	4	context	context	NOUN
cjfa-28098	93	5	,	,	PUNCT
cjfa-28098	93	6	the	the	DET
cjfa-28098	93	7	idea	idea	NOUN
cjfa-28098	93	8	of	of	ADP
cjfa-28098	93	9	essentiality	essentiality	NOUN
cjfa-28098	93	10	has	have	AUX
cjfa-28098	93	11	been	be	AUX
cjfa-28098	93	12	applied	apply	VERB
cjfa-28098	93	13	to	to	PART
cjfa-28098	93	14	describe	describe	VERB
cjfa-28098	93	15	the	the	DET
cjfa-28098	93	16	notion	notion	NOUN
cjfa-28098	93	17	that	that	SCONJ
cjfa-28098	93	18	,	,	PUNCT
cjfa-28098	93	19	firms	firm	NOUN
cjfa-28098	93	20	where	where	SCONJ
cjfa-28098	93	21	human	human	ADJ
cjfa-28098	93	22	assets	asset	NOUN
cjfa-28098	93	23	are	be	AUX
cjfa-28098	93	24	crucial	crucial	ADJ
cjfa-28098	93	25	for	for	ADP
cjfa-28098	93	26	the	the	DET
cjfa-28098	93	27	productivity	productivity	NOUN
cjfa-28098	93	28	of	of	ADP
cjfa-28098	93	29	the	the	DET
cjfa-28098	93	30	entity	entity	NOUN
cjfa-28098	93	31	,	,	PUNCT
cjfa-28098	93	32	establishing	establish	VERB
cjfa-28098	93	33	control	control	NOUN
cjfa-28098	93	34	through	through	ADP
cjfa-28098	93	35	ownership	ownership	NOUN
cjfa-28098	93	36	over	over	ADP
cjfa-28098	93	37	the	the	DET
cjfa-28098	93	38	fixed	fix	VERB
cjfa-28098	93	39	assets	asset	NOUN
cjfa-28098	93	40	or	or	CCONJ
cjfa-28098	93	41	legal	legal	ADJ
cjfa-28098	93	42	body	body	NOUN
cjfa-28098	93	43	of	of	ADP
cjfa-28098	93	44	the	the	DET
cjfa-28098	93	45	firm	firm	NOUN
cjfa-28098	93	46	can	can	AUX
cjfa-28098	93	47	not	not	PART
cjfa-28098	93	48	perform	perform	VERB
cjfa-28098	93	49	as	as	ADP
cjfa-28098	93	50	the	the	DET
cjfa-28098	93	51	alternative	alternative	NOUN
cjfa-28098	93	52	for	for	ADP
cjfa-28098	93	53	the	the	DET
cjfa-28098	93	54	firm	firm	NOUN
cjfa-28098	93	55	’s	’s	PART
cjfa-28098	93	56	or	or	CCONJ
cjfa-28098	93	57	employee	employee	NOUN
cjfa-28098	93	58	’s	’s	ADV
cjfa-28098	93	59	say	say	VERB
cjfa-28098	93	60	in	in	ADP
cjfa-28098	93	61	decision	decision	NOUN
cjfa-28098	93	62	formulation	formulation	NOUN
cjfa-28098	93	63	(	(	PUNCT
cjfa-28098	93	64	aoki	aoki	PROPN
cjfa-28098	93	65	&	&	CCONJ
cjfa-28098	93	66	jackson	jackson	PROPN
cjfa-28098	93	67	,	,	PUNCT
cjfa-28098	93	68	2008	2008	NUM
cjfa-28098	93	69	)	)	PUNCT
cjfa-28098	93	70	.	.	PUNCT
cjfa-28098	94	1	stakeholders	stakeholder	NOUN
cjfa-28098	94	2	theory	theory	NOUN
cjfa-28098	94	3	of	of	ADP
cjfa-28098	94	4	corporate	corporate	ADJ
cjfa-28098	94	5	governance	governance	NOUN
cjfa-28098	94	6	has	have	AUX
cjfa-28098	94	7	been	be	AUX
cjfa-28098	94	8	investigated	investigate	VERB
cjfa-28098	94	9	by	by	ADP
cjfa-28098	94	10	several	several	ADJ
cjfa-28098	94	11	researchers	researcher	NOUN
cjfa-28098	94	12	such	such	ADJ
cjfa-28098	94	13	as	as	ADP
cjfa-28098	94	14	(	(	PUNCT
cjfa-28098	94	15	donaldson	donaldson	PROPN
cjfa-28098	94	16	and	and	CCONJ
cjfa-28098	94	17	preston	preston	PROPN
cjfa-28098	94	18	,	,	PUNCT
cjfa-28098	94	19	1995	1995	NUM
cjfa-28098	94	20	)	)	PUNCT
cjfa-28098	94	21	(	(	PUNCT
cjfa-28098	94	22	parmar	parmar	PROPN
cjfa-28098	94	23	,	,	PUNCT
cjfa-28098	94	24	freeman	freeman	PROPN
cjfa-28098	94	25	,	,	PUNCT
cjfa-28098	94	26	harrison	harrison	PROPN
cjfa-28098	94	27	,	,	PUNCT
cjfa-28098	94	28	wicks	wick	NOUN
cjfa-28098	94	29	,	,	PUNCT
cjfa-28098	94	30	purnell	purnell	PROPN
cjfa-28098	94	31	&	&	CCONJ
cjfa-28098	94	32	de	de	X
cjfa-28098	94	33	colle	colle	PROPN
cjfa-28098	94	34	,	,	PUNCT
cjfa-28098	94	35	2010	2010	NUM
cjfa-28098	94	36	)	)	PUNCT
cjfa-28098	94	37	as	as	ADP
cjfa-28098	94	38	an	an	DET
cjfa-28098	94	39	important	important	ADJ
cjfa-28098	94	40	base	base	NOUN
cjfa-28098	94	41	to	to	PART
cjfa-28098	94	42	describe	describe	VERB
cjfa-28098	94	43	the	the	DET
cjfa-28098	94	44	multifaceted	multifaceted	ADJ
cjfa-28098	94	45	and	and	CCONJ
cjfa-28098	94	46	broader	broad	ADJ
cjfa-28098	94	47	association	association	NOUN
cjfa-28098	94	48	of	of	ADP
cjfa-28098	94	49	numerous	numerous	ADJ
cjfa-28098	94	50	stakeholders	stakeholder	NOUN
cjfa-28098	94	51	within	within	ADP
cjfa-28098	94	52	the	the	DET
cjfa-28098	94	53	firm	firm	NOUN
cjfa-28098	94	54	.	.	PUNCT
cjfa-28098	95	1	legal	legal	ADJ
cjfa-28098	95	2	academics	academic	NOUN
cjfa-28098	95	3	used	use	VERB
cjfa-28098	95	4	to	to	PART
cjfa-28098	95	5	think	think	VERB
cjfa-28098	95	6	about	about	ADP
cjfa-28098	95	7	cg	cg	NOUN
cjfa-28098	95	8	in	in	ADP
cjfa-28098	95	9	the	the	DET
cjfa-28098	95	10	public	public	ADJ
cjfa-28098	95	11	firm	firm	NOUN
cjfa-28098	95	12	perspective	perspective	NOUN
cjfa-28098	95	13	however	however	ADV
cjfa-28098	95	14	a	a	DET
cjfa-28098	95	15	larger	large	ADJ
cjfa-28098	95	16	emphasizes	emphasize	VERB
cjfa-28098	95	17	is	be	AUX
cjfa-28098	95	18	put	put	VERB
cjfa-28098	95	19	on	on	ADP
cjfa-28098	95	20	the	the	DET
cjfa-28098	95	21	legal	legal	ADJ
cjfa-28098	95	22	framework	framework	NOUN
cjfa-28098	95	23	,	,	PUNCT
cjfa-28098	95	24	which	which	PRON
cjfa-28098	95	25	structure	structure	NOUN
cjfa-28098	95	26	and	and	CCONJ
cjfa-28098	95	27	formulate	formulate	VERB
cjfa-28098	95	28	the	the	DET
cjfa-28098	95	29	power	power	NOUN
cjfa-28098	95	30	and	and	CCONJ
cjfa-28098	95	31	obligation	obligation	NOUN
cjfa-28098	95	32	of	of	ADP
cjfa-28098	95	33	corporate	corporate	ADJ
cjfa-28098	95	34	character	character	NOUN
cjfa-28098	95	35	.	.	PUNCT
cjfa-28098	96	1	(	(	PUNCT
cjfa-28098	96	2	parkinson	parkinson	NOUN
cjfa-28098	96	3	,	,	PUNCT
cjfa-28098	96	4	1995	1995	NUM
cjfa-28098	96	5	)	)	PUNCT
cjfa-28098	96	6	argues	argue	VERB
cjfa-28098	96	7	that	that	SCONJ
cjfa-28098	96	8	cg	cg	NOUN
cjfa-28098	96	9	could	could	AUX
cjfa-28098	96	10	be	be	AUX
cjfa-28098	96	11	defined	define	VERB
cjfa-28098	96	12	as	as	ADP
cjfa-28098	96	13	the	the	DET
cjfa-28098	96	14	policy	policy	NOUN
cjfa-28098	96	15	that	that	PRON
cjfa-28098	96	16	uphold	uphold	VERB
cjfa-28098	96	17	and	and	CCONJ
cjfa-28098	96	18	control	control	VERB
cjfa-28098	96	19	the	the	DET
cjfa-28098	96	20	form	form	NOUN
cjfa-28098	96	21	of	of	ADP
cjfa-28098	96	22	decision	decision	NOUN
cjfa-28098	96	23	formulation	formulation	NOUN
cjfa-28098	96	24	inside	inside	ADP
cjfa-28098	96	25	the	the	DET
cjfa-28098	96	26	firm	firm	NOUN
cjfa-28098	96	27	as	as	ADP
cjfa-28098	96	28	an	an	DET
cjfa-28098	96	29	instrument	instrument	NOUN
cjfa-28098	96	30	of	of	ADP
cjfa-28098	96	31	collective	collective	ADJ
cjfa-28098	96	32	choice	choice	NOUN
cjfa-28098	96	33	and	and	CCONJ
cjfa-28098	96	34	in	in	ADP
cjfa-28098	96	35	attachment	attachment	NOUN
cjfa-28098	96	36	to	to	ADP
cjfa-28098	96	37	a	a	DET
cjfa-28098	96	38	public	public	ADJ
cjfa-28098	96	39	significance	significance	NOUN
cjfa-28098	96	40	.	.	PUNCT
cjfa-28098	97	1	therefore	therefore	ADV
cjfa-28098	97	2	,	,	PUNCT
cjfa-28098	97	3	legal	legal	ADJ
cjfa-28098	97	4	academics	academic	NOUN
cjfa-28098	97	5	describe	describe	VERB
cjfa-28098	97	6	cg	cg	NOUN
cjfa-28098	97	7	elaborately	elaborately	ADV
cjfa-28098	97	8	to	to	PART
cjfa-28098	97	9	add	add	VERB
cjfa-28098	97	10	aspects	aspect	NOUN
cjfa-28098	97	11	that	that	PRON
cjfa-28098	97	12	go	go	VERB
cjfa-28098	97	13	beyond	beyond	ADP
cjfa-28098	97	14	personal	personal	ADJ
cjfa-28098	97	15	legitimate	legitimate	ADJ
cjfa-28098	97	16	agreements	agreement	NOUN
cjfa-28098	97	17	.	.	PUNCT
cjfa-28098	98	1	for	for	ADP
cjfa-28098	98	2	instance	instance	NOUN
cjfa-28098	98	3	,	,	PUNCT
cjfa-28098	98	4	(	(	PUNCT
cjfa-28098	98	5	blair	blair	PROPN
cjfa-28098	98	6	,	,	PUNCT
cjfa-28098	98	7	1996	1996	NUM
cjfa-28098	98	8	)	)	PUNCT
cjfa-28098	98	9	characterize	characterize	VERB
cjfa-28098	98	10	cg	cg	NOUN
cjfa-28098	98	11	as	as	ADP
cjfa-28098	98	12	the	the	DET
cjfa-28098	98	13	entire	entire	ADJ
cjfa-28098	98	14	structure	structure	NOUN
cjfa-28098	98	15	of	of	ADP
cjfa-28098	98	16	judicial	judicial	ADJ
cjfa-28098	98	17	,	,	PUNCT
cjfa-28098	98	18	cultural	cultural	ADJ
cjfa-28098	98	19	and	and	CCONJ
cjfa-28098	98	20	organizational	organizational	ADJ
cjfa-28098	98	21	measures	measure	NOUN
cjfa-28098	98	22	that	that	PRON
cjfa-28098	98	23	decide	decide	VERB
cjfa-28098	98	24	what	what	PRON
cjfa-28098	98	25	public	public	ADJ
cjfa-28098	98	26	firms	firm	NOUN
cjfa-28098	98	27	could	could	AUX
cjfa-28098	98	28	perform	perform	VERB
cjfa-28098	98	29	,	,	PUNCT
cjfa-28098	98	30	who	who	PRON
cjfa-28098	98	31	would	would	AUX
cjfa-28098	98	32	be	be	AUX
cjfa-28098	98	33	the	the	DET
cjfa-28098	98	34	controller	controller	NOUN
cjfa-28098	98	35	and	and	CCONJ
cjfa-28098	98	36	what	what	PRON
cjfa-28098	98	37	would	would	AUX
cjfa-28098	98	38	be	be	AUX
cjfa-28098	98	39	the	the	DET
cjfa-28098	98	40	control	control	NOUN
cjfa-28098	98	41	mechanism	mechanism	NOUN
cjfa-28098	98	42	and	and	CCONJ
cjfa-28098	98	43	how	how	SCONJ
cjfa-28098	98	44	the	the	DET
cjfa-28098	98	45	risk	risk	NOUN
cjfa-28098	98	46	and	and	CCONJ
cjfa-28098	98	47	return	return	NOUN
cjfa-28098	98	48	associated	associate	VERB
cjfa-28098	98	49	with	with	ADP
cjfa-28098	98	50	the	the	DET
cjfa-28098	98	51	decisions	decision	NOUN
cjfa-28098	98	52	would	would	AUX
cjfa-28098	98	53	be	be	AUX
cjfa-28098	98	54	balanced	balance	VERB
cjfa-28098	98	55	.	.	PUNCT
cjfa-28098	99	1	business	business	NOUN
cjfa-28098	99	2	sociologists	sociologist	NOUN
cjfa-28098	99	3	go	go	VERB
cjfa-28098	99	4	for	for	ADP
cjfa-28098	99	5	an	an	DET
cjfa-28098	99	6	even	even	ADV
cjfa-28098	99	7	generous	generous	ADJ
cjfa-28098	99	8	ideology	ideology	NOUN
cjfa-28098	99	9	of	of	ADP
cjfa-28098	99	10	the	the	DET
cjfa-28098	99	11	entity	entity	NOUN
cjfa-28098	99	12	that	that	PRON
cjfa-28098	99	13	is	be	AUX
cjfa-28098	99	14	generally	generally	ADV
cjfa-28098	99	15	focuses	focus	VERB
cjfa-28098	99	16	on	on	ADP
cjfa-28098	99	17	the	the	DET
cjfa-28098	99	18	control	control	NOUN
cjfa-28098	99	19	and	and	CCONJ
cjfa-28098	99	20	influential	influential	ADJ
cjfa-28098	99	21	associations	association	NOUN
cjfa-28098	99	22	within	within	ADP
cjfa-28098	99	23	a	a	DET
cjfa-28098	99	24	surrounded	surrounded	ADJ
cjfa-28098	99	25	organization	organization	NOUN
cjfa-28098	99	26	.	.	PUNCT
cjfa-28098	100	1	(	(	PUNCT
cjfa-28098	100	2	davis	davis	PROPN
cjfa-28098	100	3	,	,	PUNCT
cjfa-28098	100	4	2005	2005	NUM
cjfa-28098	100	5	)	)	PUNCT
cjfa-28098	100	6	in	in	ADP
cjfa-28098	100	7	his	his	PRON
cjfa-28098	100	8	prominent	prominent	ADJ
cjfa-28098	100	9	literature	literature	NOUN
cjfa-28098	100	10	titled	title	VERB
cjfa-28098	100	11	“	"	PUNCT
cjfa-28098	100	12	new	new	ADJ
cjfa-28098	100	13	directions	direction	NOUN
cjfa-28098	100	14	of	of	ADP
cjfa-28098	100	15	corporate	corporate	ADJ
cjfa-28098	100	16	governance	governance	NOUN
cjfa-28098	100	17	”	"	PUNCT
cjfa-28098	100	18	argues	argue	VERB
cjfa-28098	100	19	that	that	SCONJ
cjfa-28098	100	20	cg	cg	NOUN
cjfa-28098	100	21	can	can	AUX
cjfa-28098	100	22	be	be	AUX
cjfa-28098	100	23	defined	define	VERB
cjfa-28098	100	24	as	as	ADP
cjfa-28098	100	25	the	the	DET
cjfa-28098	100	26	organization	organization	NOUN
cjfa-28098	100	27	,	,	PUNCT
cjfa-28098	100	28	procedure	procedure	NOUN
cjfa-28098	100	29	,	,	PUNCT
cjfa-28098	100	30	and	and	CCONJ
cjfa-28098	100	31	organizations	organization	NOUN
cjfa-28098	100	32	around	around	ADP
cjfa-28098	100	33	the	the	DET
cjfa-28098	100	34	business	business	NOUN
cjfa-28098	100	35	ecosystem	ecosystem	NOUN
cjfa-28098	100	36	that	that	PRON
cjfa-28098	100	37	distribute	distribute	VERB
cjfa-28098	100	38	authority	authority	NOUN
cjfa-28098	100	39	and	and	CCONJ
cjfa-28098	100	40	control	control	NOUN
cjfa-28098	100	41	over	over	ADP
cjfa-28098	100	42	partners	partner	NOUN
cjfa-28098	100	43	.	.	PUNCT
cjfa-28098	101	1	likewise	likewise	ADV
cjfa-28098	101	2	,	,	PUNCT
cjfa-28098	101	3	political	political	ADJ
cjfa-28098	101	4	academicians	academician	NOUN
cjfa-28098	101	5	such	such	ADJ
cjfa-28098	101	6	as	as	ADP
cjfa-28098	101	7	(	(	PUNCT
cjfa-28098	101	8	gourevitch	gourevitch	NOUN
cjfa-28098	101	9	&	&	CCONJ
cjfa-28098	101	10	shinn	shinn	PROPN
cjfa-28098	101	11	,	,	PUNCT
cjfa-28098	101	12	2005	2005	NUM
cjfa-28098	101	13	)	)	PUNCT
cjfa-28098	101	14	have	have	AUX
cjfa-28098	101	15	concentrated	concentrate	VERB
cjfa-28098	101	16	to	to	ADP
cjfa-28098	101	17	the	the	DET
cjfa-28098	101	18	connections	connection	NOUN
cjfa-28098	101	19	of	of	ADP
cjfa-28098	101	20	associated	associated	ADJ
cjfa-28098	101	21	party	party	NOUN
cjfa-28098	101	22	inclination	inclination	NOUN
cjfa-28098	101	23	and	and	CCONJ
cjfa-28098	101	24	political	political	ADJ
cjfa-28098	101	25	institutions	institution	NOUN
cjfa-28098	101	26	,	,	PUNCT
cjfa-28098	101	27	therefore	therefore	ADV
cjfa-28098	101	28	analyze	analyze	VERB
cjfa-28098	101	29	cg	cg	NOUN
cjfa-28098	101	30	as	as	ADP
cjfa-28098	101	31	the	the	DET
cjfa-28098	101	32	structure	structure	NOUN
cjfa-28098	101	33	which	which	PRON
cjfa-28098	101	34	not	not	PART
cjfa-28098	101	35	merely	merely	ADV
cjfa-28098	101	36	encourage	encourage	VERB
cjfa-28098	101	37	development	development	NOUN
cjfa-28098	101	38	and	and	CCONJ
cjfa-28098	101	39	safeguard	safeguard	NOUN
cjfa-28098	101	40	owners	owner	NOUN
cjfa-28098	101	41	but	but	CCONJ
cjfa-28098	101	42	also	also	ADV
cjfa-28098	101	43	bring	bring	VERB
cjfa-28098	101	44	about	about	ADP
cjfa-28098	101	45	employment	employment	NOUN
cjfa-28098	101	46	and	and	CCONJ
cjfa-28098	101	47	promote	promote	VERB
cjfa-28098	101	48	equal	equal	ADJ
cjfa-28098	101	49	opportunity	opportunity	NOUN
cjfa-28098	101	50	.	.	PUNCT
cjfa-28098	102	1	(	(	PUNCT
cjfa-28098	102	2	aguilera	aguilera	PROPN
cjfa-28098	102	3	&	&	CCONJ
cjfa-28098	102	4	jackson	jackson	PROPN
cjfa-28098	102	5	,	,	PUNCT
cjfa-28098	102	6	2003	2003	NUM
cjfa-28098	102	7	)	)	PUNCT
cjfa-28098	102	8	brings	bring	VERB
cjfa-28098	102	9	an	an	DET
cjfa-28098	102	10	organizas	organizas	NOUN
cjfa-28098	102	11	o	o	X
cjfa-28098	102	12	u	u	NOUN
cjfa-28098	102	13	r	r	NOUN
cjfa-28098	102	14	c	c	NOUN
cjfa-28098	102	15	e	e	X
cjfa-28098	102	16	:	:	PUNCT
cjfa-28098	102	17	ross	ross	PROPN
cjfa-28098	102	18	,	,	PUNCT
cjfa-28098	102	19	westerfield	westerfield	PROPN
cjfa-28098	102	20	&	&	CCONJ
cjfa-28098	102	21	jaffe	jaffe	PROPN
cjfa-28098	102	22	,	,	PUNCT
cjfa-28098	102	23	2002	2002	NUM
cjfa-28098	102	24	.	.	PUNCT
cjfa-28098	103	1	another	another	DET
cjfa-28098	103	2	substitute	substitute	NOUN
cjfa-28098	103	3	of	of	ADP
cjfa-28098	103	4	the	the	DET
cjfa-28098	103	5	“	"	PUNCT
cjfa-28098	103	6	principle	principle	ADJ
cjfa-28098	103	7	-	-	PUNCT
cjfa-28098	103	8	agent	agent	NOUN
cjfa-28098	103	9	”	"	PUNCT
cjfa-28098	103	10	observation	observation	NOUN
cjfa-28098	103	11	is	be	AUX
cjfa-28098	103	12	the	the	DET
cjfa-28098	103	13	“	"	PUNCT
cjfa-28098	103	14	team	team	NOUN
cjfa-28098	103	15	production	production	NOUN
cjfa-28098	103	16	”	"	PUNCT
cjfa-28098	103	17	model	model	NOUN
cjfa-28098	103	18	,	,	PUNCT
cjfa-28098	103	19	which	which	PRON
cjfa-28098	103	20	argues	argue	VERB
cjfa-28098	103	21	that	that	SCONJ
cjfa-28098	103	22	that	that	SCONJ
cjfa-28098	103	23	the	the	DET
cjfa-28098	103	24	companies	company	NOUN
cjfa-28098	103	25	incorporate	incorporate	VERB
cjfa-28098	103	26	a	a	DET
cjfa-28098	103	27	considerable	considerable	ADJ
cjfa-28098	103	28	group	group	NOUN
cjfa-28098	103	29	of	of	ADP
cjfa-28098	103	30	stakeholders	stakeholder	NOUN
cjfa-28098	103	31	who	who	PRON
cjfa-28098	103	32	spend	spend	VERB
cjfa-28098	103	33	on	on	ADP
cjfa-28098	103	34	firm	firm	ADJ
cjfa-28098	103	35	-	-	PUNCT
cjfa-28098	103	36	specific	specific	ADJ
cjfa-28098	103	37	assets	asset	NOUN
cjfa-28098	103	38	,	,	PUNCT
cjfa-28098	103	39	but	but	CCONJ
cjfa-28098	103	40	mutually	mutually	ADV
cjfa-28098	103	41	abandon	abandon	VERB
cjfa-28098	103	42	power	power	NOUN
cjfa-28098	103	43	over	over	ADP
cjfa-28098	103	44	those	those	DET
cjfa-28098	103	45	assets	asset	NOUN
cjfa-28098	103	46	to	to	ADP
cjfa-28098	103	47	the	the	DET
cjfa-28098	103	48	governing	govern	VERB
cjfa-28098	103	49	board	board	NOUN
cjfa-28098	103	50	for	for	ADP
cjfa-28098	103	51	their	their	PRON
cjfa-28098	103	52	own	own	ADJ
cjfa-28098	103	53	interest	interest	NOUN
cjfa-28098	103	54	with	with	ADP
cjfa-28098	103	55	a	a	DET
cjfa-28098	103	56	view	view	NOUN
cjfa-28098	103	57	to	to	PART
cjfa-28098	103	58	resolve	resolve	VERB
cjfa-28098	103	59	the	the	DET
cjfa-28098	103	60	difficulty	difficulty	NOUN
cjfa-28098	103	61	of	of	ADP
cjfa-28098	103	62	organized	organized	ADJ
cjfa-28098	103	63	resolution	resolution	NOUN
cjfa-28098	103	64	within	within	ADP
cjfa-28098	103	65	the	the	DET
cjfa-28098	103	66	team	team	NOUN
cjfa-28098	103	67	(	(	PUNCT
cjfa-28098	103	68	blair	blair	PROPN
cjfa-28098	103	69	&	&	CCONJ
cjfa-28098	103	70	stout	stout	PROPN
cjfa-28098	103	71	,	,	PUNCT
cjfa-28098	103	72	1999	1999	NUM
cjfa-28098	103	73	)	)	PUNCT
cjfa-28098	103	74	.	.	PUNCT
cjfa-28098	104	1	in	in	ADP
cjfa-28098	104	2	the	the	DET
cjfa-28098	104	3	same	same	ADJ
cjfa-28098	104	4	context	context	NOUN
cjfa-28098	104	5	,	,	PUNCT
cjfa-28098	104	6	the	the	DET
cjfa-28098	104	7	idea	idea	NOUN
cjfa-28098	104	8	of	of	ADP
cjfa-28098	104	9	essentiality	essentiality	NOUN
cjfa-28098	104	10	has	have	AUX
cjfa-28098	104	11	been	be	AUX
cjfa-28098	104	12	applied	apply	VERB
cjfa-28098	104	13	to	to	PART
cjfa-28098	104	14	describe	describe	VERB
cjfa-28098	104	15	the	the	DET
cjfa-28098	104	16	notion	notion	NOUN
cjfa-28098	104	17	that	that	SCONJ
cjfa-28098	104	18	,	,	PUNCT
cjfa-28098	104	19	firms	firm	NOUN
cjfa-28098	104	20	where	where	SCONJ
cjfa-28098	104	21	human	human	ADJ
cjfa-28098	104	22	assets	asset	NOUN
cjfa-28098	104	23	are	be	AUX
cjfa-28098	104	24	crucial	crucial	ADJ
cjfa-28098	104	25	for	for	ADP
cjfa-28098	104	26	the	the	DET
cjfa-28098	104	27	productivity	productivity	NOUN
cjfa-28098	104	28	of	of	ADP
cjfa-28098	104	29	the	the	DET
cjfa-28098	104	30	entity	entity	NOUN
cjfa-28098	104	31	,	,	PUNCT
cjfa-28098	104	32	establishing	establish	VERB
cjfa-28098	104	33	control	control	NOUN
cjfa-28098	104	34	through	through	ADP
cjfa-28098	104	35	ownership	ownership	NOUN
cjfa-28098	104	36	over	over	ADP
cjfa-28098	104	37	the	the	DET
cjfa-28098	104	38	fixed	fix	VERB
cjfa-28098	104	39	assets	asset	NOUN
cjfa-28098	104	40	or	or	CCONJ
cjfa-28098	104	41	legal	legal	ADJ
cjfa-28098	104	42	body	body	NOUN
cjfa-28098	104	43	of	of	ADP
cjfa-28098	104	44	the	the	DET
cjfa-28098	104	45	firm	firm	NOUN
cjfa-28098	104	46	can	can	AUX
cjfa-28098	104	47	not	not	PART
cjfa-28098	104	48	perform	perform	VERB
cjfa-28098	104	49	as	as	ADP
cjfa-28098	104	50	the	the	DET
cjfa-28098	104	51	alternative	alternative	NOUN
cjfa-28098	104	52	for	for	ADP
cjfa-28098	104	53	the	the	DET
cjfa-28098	104	54	firm	firm	NOUN
cjfa-28098	104	55	’s	’s	PART
cjfa-28098	104	56	or	or	CCONJ
cjfa-28098	104	57	employee	employee	NOUN
cjfa-28098	104	58	’s	’s	ADV
cjfa-28098	104	59	say	say	VERB
cjfa-28098	104	60	in	in	ADP
cjfa-28098	104	61	decision	decision	NOUN
cjfa-28098	104	62	formulation	formulation	NOUN
cjfa-28098	104	63	(	(	PUNCT
cjfa-28098	104	64	aoki	aoki	PROPN
cjfa-28098	104	65	&	&	CCONJ
cjfa-28098	104	66	jackson	jackson	PROPN
cjfa-28098	104	67	,	,	PUNCT
cjfa-28098	104	68	2008	2008	NUM
cjfa-28098	104	69	)	)	PUNCT
cjfa-28098	104	70	.	.	PUNCT
cjfa-28098	105	1	stakeholders	stakeholder	NOUN
cjfa-28098	105	2	theory	theory	NOUN
cjfa-28098	105	3	of	of	ADP
cjfa-28098	105	4	corporate	corporate	ADJ
cjfa-28098	105	5	governance	governance	NOUN
cjfa-28098	105	6	has	have	AUX
cjfa-28098	105	7	been	be	AUX
cjfa-28098	105	8	investigated	investigate	VERB
cjfa-28098	105	9	by	by	ADP
cjfa-28098	105	10	several	several	ADJ
cjfa-28098	105	11	researchers	researcher	NOUN
cjfa-28098	105	12	such	such	ADJ
cjfa-28098	105	13	as	as	ADP
cjfa-28098	105	14	(	(	PUNCT
cjfa-28098	105	15	donaldson	donaldson	PROPN
cjfa-28098	105	16	and	and	CCONJ
cjfa-28098	105	17	preston	preston	PROPN
cjfa-28098	105	18	,	,	PUNCT
cjfa-28098	105	19	1995	1995	NUM
cjfa-28098	105	20	)	)	PUNCT
cjfa-28098	105	21	(	(	PUNCT
cjfa-28098	105	22	parmar	parmar	PROPN
cjfa-28098	105	23	,	,	PUNCT
cjfa-28098	105	24	freeman	freeman	PROPN
cjfa-28098	105	25	,	,	PUNCT
cjfa-28098	105	26	harrison	harrison	PROPN
cjfa-28098	105	27	,	,	PUNCT
cjfa-28098	105	28	wicks	wick	NOUN
cjfa-28098	105	29	,	,	PUNCT
cjfa-28098	105	30	purnell	purnell	PROPN
cjfa-28098	105	31	&	&	CCONJ
cjfa-28098	105	32	de	de	X
cjfa-28098	105	33	colle	colle	PROPN
cjfa-28098	105	34	,	,	PUNCT
cjfa-28098	105	35	2010	2010	NUM
cjfa-28098	105	36	)	)	PUNCT
cjfa-28098	105	37	as	as	ADP
cjfa-28098	105	38	an	an	DET
cjfa-28098	105	39	important	important	ADJ
cjfa-28098	105	40	base	base	NOUN
cjfa-28098	105	41	to	to	PART
cjfa-28098	105	42	describe	describe	VERB
cjfa-28098	105	43	the	the	DET
cjfa-28098	105	44	multifaceted	multifaceted	ADJ
cjfa-28098	105	45	and	and	CCONJ
cjfa-28098	105	46	broader	broad	ADJ
cjfa-28098	105	47	association	association	NOUN
cjfa-28098	105	48	of	of	ADP
cjfa-28098	105	49	numerous	numerous	ADJ
cjfa-28098	105	50	stakeholders	stakeholder	NOUN
cjfa-28098	105	51	within	within	ADP
cjfa-28098	105	52	the	the	DET
cjfa-28098	105	53	firm	firm	NOUN
cjfa-28098	105	54	.	.	PUNCT
cjfa-28098	106	1	legal	legal	ADJ
cjfa-28098	106	2	academics	academic	NOUN
cjfa-28098	106	3	used	use	VERB
cjfa-28098	106	4	to	to	PART
cjfa-28098	106	5	think	think	VERB
cjfa-28098	106	6	about	about	ADP
cjfa-28098	106	7	cg	cg	NOUN
cjfa-28098	106	8	in	in	ADP
cjfa-28098	106	9	the	the	DET
cjfa-28098	106	10	public	public	ADJ
cjfa-28098	106	11	firm	firm	NOUN
cjfa-28098	106	12	perspective	perspective	NOUN
cjfa-28098	106	13	however	however	ADV
cjfa-28098	106	14	a	a	DET
cjfa-28098	106	15	larger	large	ADJ
cjfa-28098	106	16	emphasizes	emphasize	VERB
cjfa-28098	106	17	is	be	AUX
cjfa-28098	106	18	put	put	VERB
cjfa-28098	106	19	on	on	ADP
cjfa-28098	106	20	the	the	DET
cjfa-28098	106	21	legal	legal	ADJ
cjfa-28098	106	22	framework	framework	NOUN
cjfa-28098	106	23	,	,	PUNCT
cjfa-28098	106	24	which	which	PRON
cjfa-28098	106	25	structure	structure	NOUN
cjfa-28098	106	26	and	and	CCONJ
cjfa-28098	106	27	formulate	formulate	VERB
cjfa-28098	106	28	the	the	DET
cjfa-28098	106	29	power	power	NOUN
cjfa-28098	106	30	and	and	CCONJ
cjfa-28098	106	31	obligation	obligation	NOUN
cjfa-28098	106	32	of	of	ADP
cjfa-28098	106	33	corporate	corporate	ADJ
cjfa-28098	106	34	character	character	NOUN
cjfa-28098	106	35	.	.	PUNCT
cjfa-28098	107	1	(	(	PUNCT
cjfa-28098	107	2	parkinson	parkinson	NOUN
cjfa-28098	107	3	,	,	PUNCT
cjfa-28098	107	4	1995	1995	NUM
cjfa-28098	107	5	)	)	PUNCT
cjfa-28098	107	6	argues	argue	VERB
cjfa-28098	107	7	that	that	SCONJ
cjfa-28098	107	8	cg	cg	PROPN
cjfa-28098	107	9	atm	atm	PROPN
cjfa-28098	107	10	adnan	adnan	PROPN
cjfa-28098	107	11	,	,	PUNCT
cjfa-28098	107	12	nisar	nisar	PROPN
cjfa-28098	107	13	ahmed14	ahmed14	PROPN
cjfa-28098	107	14	could	could	AUX
cjfa-28098	107	15	be	be	AUX
cjfa-28098	107	16	defined	define	VERB
cjfa-28098	107	17	as	as	ADP
cjfa-28098	107	18	the	the	DET
cjfa-28098	107	19	policy	policy	NOUN
cjfa-28098	107	20	that	that	PRON
cjfa-28098	107	21	uphold	uphold	VERB
cjfa-28098	107	22	and	and	CCONJ
cjfa-28098	107	23	control	control	VERB
cjfa-28098	107	24	the	the	DET
cjfa-28098	107	25	form	form	NOUN
cjfa-28098	107	26	of	of	ADP
cjfa-28098	107	27	decision	decision	NOUN
cjfa-28098	107	28	formulation	formulation	NOUN
cjfa-28098	107	29	inside	inside	ADP
cjfa-28098	107	30	the	the	DET
cjfa-28098	107	31	firm	firm	NOUN
cjfa-28098	107	32	as	as	ADP
cjfa-28098	107	33	an	an	DET
cjfa-28098	107	34	instrument	instrument	NOUN
cjfa-28098	107	35	of	of	ADP
cjfa-28098	107	36	collective	collective	ADJ
cjfa-28098	107	37	choice	choice	NOUN
cjfa-28098	107	38	and	and	CCONJ
cjfa-28098	107	39	in	in	ADP
cjfa-28098	107	40	attachment	attachment	NOUN
cjfa-28098	107	41	to	to	ADP
cjfa-28098	107	42	a	a	DET
cjfa-28098	107	43	public	public	ADJ
cjfa-28098	107	44	significance	significance	NOUN
cjfa-28098	107	45	.	.	PUNCT
cjfa-28098	108	1	therefore	therefore	ADV
cjfa-28098	108	2	,	,	PUNCT
cjfa-28098	108	3	legal	legal	ADJ
cjfa-28098	108	4	academics	academic	NOUN
cjfa-28098	108	5	describe	describe	VERB
cjfa-28098	108	6	cg	cg	NOUN
cjfa-28098	108	7	elaborately	elaborately	ADV
cjfa-28098	108	8	to	to	PART
cjfa-28098	108	9	add	add	VERB
cjfa-28098	108	10	aspects	aspect	NOUN
cjfa-28098	108	11	that	that	PRON
cjfa-28098	108	12	go	go	VERB
cjfa-28098	108	13	beyond	beyond	ADP
cjfa-28098	108	14	personal	personal	ADJ
cjfa-28098	108	15	legitimate	legitimate	ADJ
cjfa-28098	108	16	agreements	agreement	NOUN
cjfa-28098	108	17	.	.	PUNCT
cjfa-28098	109	1	for	for	ADP
cjfa-28098	109	2	instance	instance	NOUN
cjfa-28098	109	3	,	,	PUNCT
cjfa-28098	109	4	(	(	PUNCT
cjfa-28098	109	5	blair	blair	PROPN
cjfa-28098	109	6	,	,	PUNCT
cjfa-28098	109	7	1996	1996	NUM
cjfa-28098	109	8	)	)	PUNCT
cjfa-28098	109	9	characterize	characterize	VERB
cjfa-28098	109	10	cg	cg	NOUN
cjfa-28098	109	11	as	as	ADP
cjfa-28098	109	12	the	the	DET
cjfa-28098	109	13	entire	entire	ADJ
cjfa-28098	109	14	structure	structure	NOUN
cjfa-28098	109	15	of	of	ADP
cjfa-28098	109	16	judicial	judicial	ADJ
cjfa-28098	109	17	,	,	PUNCT
cjfa-28098	109	18	cultural	cultural	ADJ
cjfa-28098	109	19	and	and	CCONJ
cjfa-28098	109	20	organizational	organizational	ADJ
cjfa-28098	109	21	measures	measure	NOUN
cjfa-28098	109	22	that	that	PRON
cjfa-28098	109	23	decide	decide	VERB
cjfa-28098	109	24	what	what	PRON
cjfa-28098	109	25	public	public	ADJ
cjfa-28098	109	26	firms	firm	NOUN
cjfa-28098	109	27	could	could	AUX
cjfa-28098	109	28	perform	perform	VERB
cjfa-28098	109	29	,	,	PUNCT
cjfa-28098	109	30	who	who	PRON
cjfa-28098	109	31	would	would	AUX
cjfa-28098	109	32	be	be	AUX
cjfa-28098	109	33	the	the	DET
cjfa-28098	109	34	controller	controller	NOUN
cjfa-28098	109	35	and	and	CCONJ
cjfa-28098	109	36	what	what	PRON
cjfa-28098	109	37	would	would	AUX
cjfa-28098	109	38	be	be	AUX
cjfa-28098	109	39	the	the	DET
cjfa-28098	109	40	control	control	NOUN
cjfa-28098	109	41	mechanism	mechanism	NOUN
cjfa-28098	109	42	and	and	CCONJ
cjfa-28098	109	43	how	how	SCONJ
cjfa-28098	109	44	the	the	DET
cjfa-28098	109	45	risk	risk	NOUN
cjfa-28098	109	46	and	and	CCONJ
cjfa-28098	109	47	return	return	NOUN
cjfa-28098	109	48	associated	associate	VERB
cjfa-28098	109	49	with	with	ADP
cjfa-28098	109	50	the	the	DET
cjfa-28098	109	51	decisions	decision	NOUN
cjfa-28098	109	52	would	would	AUX
cjfa-28098	109	53	be	be	AUX
cjfa-28098	109	54	balanced	balance	VERB
cjfa-28098	109	55	.	.	PUNCT
cjfa-28098	110	1	business	business	NOUN
cjfa-28098	110	2	sociologists	sociologist	NOUN
cjfa-28098	110	3	go	go	VERB
cjfa-28098	110	4	for	for	ADP
cjfa-28098	110	5	an	an	DET
cjfa-28098	110	6	even	even	ADV
cjfa-28098	110	7	generous	generous	ADJ
cjfa-28098	110	8	ideology	ideology	NOUN
cjfa-28098	110	9	of	of	ADP
cjfa-28098	110	10	the	the	DET
cjfa-28098	110	11	entity	entity	NOUN
cjfa-28098	110	12	that	that	PRON
cjfa-28098	110	13	is	be	AUX
cjfa-28098	110	14	generally	generally	ADV
cjfa-28098	110	15	focuses	focus	VERB
cjfa-28098	110	16	on	on	ADP
cjfa-28098	110	17	the	the	DET
cjfa-28098	110	18	control	control	NOUN
cjfa-28098	110	19	and	and	CCONJ
cjfa-28098	110	20	influential	influential	ADJ
cjfa-28098	110	21	associations	association	NOUN
cjfa-28098	110	22	within	within	ADP
cjfa-28098	110	23	a	a	DET
cjfa-28098	110	24	surrounded	surrounded	ADJ
cjfa-28098	110	25	organization	organization	NOUN
cjfa-28098	110	26	.	.	PUNCT
cjfa-28098	111	1	(	(	PUNCT
cjfa-28098	111	2	davis	davis	PROPN
cjfa-28098	111	3	,	,	PUNCT
cjfa-28098	111	4	2005	2005	NUM
cjfa-28098	111	5	)	)	PUNCT
cjfa-28098	111	6	in	in	ADP
cjfa-28098	111	7	his	his	PRON
cjfa-28098	111	8	prominent	prominent	ADJ
cjfa-28098	111	9	literature	literature	NOUN
cjfa-28098	111	10	titled	title	VERB
cjfa-28098	111	11	“	"	PUNCT
cjfa-28098	111	12	new	new	ADJ
cjfa-28098	111	13	directions	direction	NOUN
cjfa-28098	111	14	of	of	ADP
cjfa-28098	111	15	corporate	corporate	ADJ
cjfa-28098	111	16	governance	governance	NOUN
cjfa-28098	111	17	”	"	PUNCT
cjfa-28098	111	18	argues	argue	VERB
cjfa-28098	111	19	that	that	SCONJ
cjfa-28098	111	20	cg	cg	NOUN
cjfa-28098	111	21	can	can	AUX
cjfa-28098	111	22	be	be	AUX
cjfa-28098	111	23	defined	define	VERB
cjfa-28098	111	24	as	as	ADP
cjfa-28098	111	25	the	the	DET
cjfa-28098	111	26	organization	organization	NOUN
cjfa-28098	111	27	,	,	PUNCT
cjfa-28098	111	28	procedure	procedure	NOUN
cjfa-28098	111	29	,	,	PUNCT
cjfa-28098	111	30	and	and	CCONJ
cjfa-28098	111	31	organizations	organization	NOUN
cjfa-28098	111	32	around	around	ADP
cjfa-28098	111	33	the	the	DET
cjfa-28098	111	34	business	business	NOUN
cjfa-28098	111	35	ecosystem	ecosystem	NOUN
cjfa-28098	111	36	that	that	PRON
cjfa-28098	111	37	distribute	distribute	VERB
cjfa-28098	111	38	authority	authority	NOUN
cjfa-28098	111	39	and	and	CCONJ
cjfa-28098	111	40	control	control	NOUN
cjfa-28098	111	41	over	over	ADP
cjfa-28098	111	42	partners	partner	NOUN
cjfa-28098	111	43	.	.	PUNCT
cjfa-28098	112	1	likewise	likewise	ADV
cjfa-28098	112	2	,	,	PUNCT
cjfa-28098	112	3	political	political	ADJ
cjfa-28098	112	4	academicians	academician	NOUN
cjfa-28098	112	5	such	such	ADJ
cjfa-28098	112	6	as	as	ADP
cjfa-28098	112	7	(	(	PUNCT
cjfa-28098	112	8	gourevitch	gourevitch	NOUN
cjfa-28098	112	9	&	&	CCONJ
cjfa-28098	112	10	shinn	shinn	PROPN
cjfa-28098	112	11	,	,	PUNCT
cjfa-28098	112	12	2005	2005	NUM
cjfa-28098	112	13	)	)	PUNCT
cjfa-28098	112	14	have	have	AUX
cjfa-28098	112	15	concentrated	concentrate	VERB
cjfa-28098	112	16	to	to	ADP
cjfa-28098	112	17	the	the	DET
cjfa-28098	112	18	connections	connection	NOUN
cjfa-28098	112	19	of	of	ADP
cjfa-28098	112	20	associated	associated	ADJ
cjfa-28098	112	21	party	party	NOUN
cjfa-28098	112	22	inclination	inclination	NOUN
cjfa-28098	112	23	and	and	CCONJ
cjfa-28098	112	24	political	political	ADJ
cjfa-28098	112	25	institutions	institution	NOUN
cjfa-28098	112	26	,	,	PUNCT
cjfa-28098	112	27	therefore	therefore	ADV
cjfa-28098	112	28	analyze	analyze	VERB
cjfa-28098	112	29	cg	cg	NOUN
cjfa-28098	112	30	as	as	ADP
cjfa-28098	112	31	the	the	DET
cjfa-28098	112	32	structure	structure	NOUN
cjfa-28098	112	33	which	which	PRON
cjfa-28098	112	34	not	not	PART
cjfa-28098	112	35	merely	merely	ADV
cjfa-28098	112	36	encourage	encourage	VERB
cjfa-28098	112	37	development	development	NOUN
cjfa-28098	112	38	and	and	CCONJ
cjfa-28098	112	39	safeguard	safeguard	NOUN
cjfa-28098	112	40	owners	owner	NOUN
cjfa-28098	112	41	but	but	CCONJ
cjfa-28098	112	42	also	also	ADV
cjfa-28098	112	43	bring	bring	VERB
cjfa-28098	112	44	about	about	ADP
cjfa-28098	112	45	employment	employment	NOUN
cjfa-28098	112	46	and	and	CCONJ
cjfa-28098	112	47	promote	promote	VERB
cjfa-28098	112	48	equal	equal	ADJ
cjfa-28098	112	49	opportunity	opportunity	NOUN
cjfa-28098	112	50	.	.	PUNCT
cjfa-28098	113	1	(	(	PUNCT
cjfa-28098	113	2	aguilera	aguilera	PROPN
cjfa-28098	113	3	&	&	CCONJ
cjfa-28098	113	4	jackson	jackson	PROPN
cjfa-28098	113	5	,	,	PUNCT
cjfa-28098	113	6	2003	2003	NUM
cjfa-28098	113	7	)	)	PUNCT
cjfa-28098	113	8	brings	bring	VERB
cjfa-28098	113	9	an	an	DET
cjfa-28098	113	10	organizational	organizational	ADJ
cjfa-28098	113	11	factor	factor	NOUN
cjfa-28098	113	12	-	-	PUNCT
cjfa-28098	113	13	focused	focus	VERB
cjfa-28098	113	14	point	point	NOUN
cjfa-28098	113	15	of	of	ADP
cjfa-28098	113	16	view	view	NOUN
cjfa-28098	113	17	of	of	ADP
cjfa-28098	113	18	the	the	DET
cjfa-28098	113	19	entity	entity	NOUN
cjfa-28098	113	20	within	within	ADP
cjfa-28098	113	21	which	which	PRON
cjfa-28098	113	22	the	the	DET
cjfa-28098	113	23	several	several	ADJ
cjfa-28098	113	24	stakeholders	stakeholder	NOUN
cjfa-28098	113	25	in	in	ADP
cjfa-28098	113	26	the	the	DET
cjfa-28098	113	27	business	business	NOUN
cjfa-28098	113	28	entity	entity	NOUN
cjfa-28098	113	29	fight	fight	NOUN
cjfa-28098	113	30	for	for	ADP
cjfa-28098	113	31	resources	resource	NOUN
cjfa-28098	113	32	to	to	PART
cjfa-28098	113	33	describe	describe	VERB
cjfa-28098	113	34	cg	cg	NOUN
cjfa-28098	113	35	as	as	ADP
cjfa-28098	113	36	the	the	DET
cjfa-28098	113	37	authority	authority	NOUN
cjfa-28098	113	38	and	and	CCONJ
cjfa-28098	113	39	obligation	obligation	NOUN
cjfa-28098	113	40	of	of	ADP
cjfa-28098	113	41	diverse	diverse	ADJ
cjfa-28098	113	42	stakeholders	stakeholder	NOUN
cjfa-28098	113	43	toward	toward	ADP
cjfa-28098	113	44	the	the	DET
cjfa-28098	113	45	organization	organization	NOUN
cjfa-28098	113	46	.	.	PUNCT
cjfa-28098	114	1	external	external	ADJ
cjfa-28098	114	2	and	and	CCONJ
cjfa-28098	114	3	internal	internal	ADJ
cjfa-28098	114	4	forces	force	NOUN
cjfa-28098	114	5	compiling	compile	VERB
cjfa-28098	114	6	corporate	corporate	ADJ
cjfa-28098	114	7	governance	governance	NOUN
cjfa-28098	114	8	framework	framework	NOUN
cjfa-28098	114	9	the	the	DET
cjfa-28098	114	10	extensive	extensive	ADJ
cjfa-28098	114	11	view	view	NOUN
cjfa-28098	114	12	of	of	ADP
cjfa-28098	114	13	cg	cg	NOUN
cjfa-28098	114	14	framework	framework	NOUN
cjfa-28098	114	15	constant	constant	ADJ
cjfa-28098	114	16	with	with	ADP
cjfa-28098	114	17	the	the	DET
cjfa-28098	114	18	definition	definition	NOUN
cjfa-28098	114	19	provided	provide	VERB
cjfa-28098	114	20	by	by	ADP
cjfa-28098	114	21	the	the	DET
cjfa-28098	114	22	study	study	NOUN
cjfa-28098	114	23	of	of	ADP
cjfa-28098	114	24	(	(	PUNCT
cjfa-28098	114	25	gillan	gillan	PROPN
cjfa-28098	114	26	&	&	CCONJ
cjfa-28098	114	27	starks	starks	PROPN
cjfa-28098	114	28	,	,	PUNCT
cjfa-28098	114	29	1998	1998	NUM
cjfa-28098	114	30	)	)	PUNCT
cjfa-28098	114	31	integrate	integrate	VERB
cjfa-28098	114	32	factors	factor	NOUN
cjfa-28098	114	33	that	that	PRON
cjfa-28098	114	34	were	be	AUX
cjfa-28098	114	35	not	not	PART
cjfa-28098	114	36	customarily	customarily	ADV
cjfa-28098	114	37	considered	consider	VERB
cjfa-28098	114	38	as	as	ADP
cjfa-28098	114	39	the	the	DET
cjfa-28098	114	40	elements	element	NOUN
cjfa-28098	114	41	of	of	ADP
cjfa-28098	114	42	cg	cg	NOUN
cjfa-28098	114	43	framework	framework	NOUN
cjfa-28098	114	44	.	.	PUNCT
cjfa-28098	115	1	however	however	ADV
cjfa-28098	115	2	,	,	PUNCT
cjfa-28098	115	3	these	these	PRON
cjfa-28098	115	4	were	be	AUX
cjfa-28098	115	5	elements	element	NOUN
cjfa-28098	115	6	of	of	ADP
cjfa-28098	115	7	the	the	DET
cjfa-28098	115	8	business	business	NOUN
cjfa-28098	115	9	atmosphere	atmosphere	NOUN
cjfa-28098	115	10	assumed	assume	VERB
cjfa-28098	115	11	to	to	PART
cjfa-28098	115	12	imply	imply	VERB
cjfa-28098	115	13	minimum	minimum	ADJ
cjfa-28098	115	14	influence	influence	NOUN
cjfa-28098	115	15	on	on	ADP
cjfa-28098	115	16	corporate	corporate	ADJ
cjfa-28098	115	17	governance	governance	NOUN
cjfa-28098	115	18	.	.	PUNCT
cjfa-28098	116	1	according	accord	VERB
cjfa-28098	116	2	to	to	ADP
cjfa-28098	116	3	the	the	DET
cjfa-28098	116	4	(	(	PUNCT
cjfa-28098	116	5	gillan	gillan	PROPN
cjfa-28098	116	6	&	&	CCONJ
cjfa-28098	116	7	starks	starks	PROPN
cjfa-28098	116	8	,	,	PUNCT
cjfa-28098	116	9	1998	1998	NUM
cjfa-28098	116	10	)	)	PUNCT
cjfa-28098	116	11	cg	cg	NOUN
cjfa-28098	116	12	can	can	AUX
cjfa-28098	116	13	be	be	AUX
cjfa-28098	116	14	divided	divide	VERB
cjfa-28098	116	15	into	into	ADP
cjfa-28098	116	16	two	two	NUM
cjfa-28098	116	17	large	large	ADJ
cjfa-28098	116	18	distribution	distribution	NOUN
cjfa-28098	116	19	namely	namely	ADV
cjfa-28098	116	20	;	;	PUNCT
cjfa-28098	116	21	internal	internal	ADJ
cjfa-28098	116	22	governance	governance	NOUN
cjfa-28098	116	23	motivators	motivator	NOUN
cjfa-28098	116	24	and	and	CCONJ
cjfa-28098	116	25	external	external	ADJ
cjfa-28098	116	26	governance	governance	NOUN
cjfa-28098	116	27	motivators	motivator	NOUN
cjfa-28098	116	28	.	.	PUNCT
cjfa-28098	117	1	where	where	SCONJ
cjfa-28098	117	2	,	,	PUNCT
cjfa-28098	117	3	internal	internal	ADJ
cjfa-28098	117	4	cg	cg	NOUN
cjfa-28098	117	5	factors	factor	NOUN
cjfa-28098	117	6	are	be	AUX
cjfa-28098	117	7	;	;	PUNCT
cjfa-28098	117	8	composition	composition	NOUN
cjfa-28098	117	9	of	of	ADP
cjfa-28098	117	10	bod	bod	NOUN
cjfa-28098	117	11	(	(	PUNCT
cjfa-28098	117	12	and	and	CCONJ
cjfa-28098	117	13	their	their	PRON
cjfa-28098	117	14	function	function	NOUN
cjfa-28098	117	15	,	,	PUNCT
cjfa-28098	117	16	organization	organization	NOUN
cjfa-28098	117	17	,	,	PUNCT
cjfa-28098	117	18	and	and	CCONJ
cjfa-28098	117	19	enticement	enticement	NOUN
cjfa-28098	117	20	)	)	PUNCT
cjfa-28098	117	21	,	,	PUNCT
cjfa-28098	117	22	managerial	managerial	ADJ
cjfa-28098	117	23	compensation	compensation	NOUN
cjfa-28098	117	24	,	,	PUNCT
cjfa-28098	117	25	capital	capital	NOUN
cjfa-28098	117	26	formation	formation	NOUN
cjfa-28098	117	27	,	,	PUNCT
cjfa-28098	117	28	bylaw	bylaw	NOUN
cjfa-28098	117	29	and	and	CCONJ
cjfa-28098	117	30	charter	charter	NOUN
cjfa-28098	117	31	provisions	provision	NOUN
cjfa-28098	117	32	against	against	ADP
cjfa-28098	117	33	hostile	hostile	ADJ
cjfa-28098	117	34	takeover	takeover	NOUN
cjfa-28098	117	35	,	,	PUNCT
cjfa-28098	117	36	and	and	CCONJ
cjfa-28098	117	37	inner	inner	ADJ
cjfa-28098	117	38	control	control	NOUN
cjfa-28098	117	39	mechanism	mechanism	NOUN
cjfa-28098	117	40	.	.	PUNCT
cjfa-28098	118	1	likewise	likewise	ADV
cjfa-28098	118	2	,	,	PUNCT
cjfa-28098	118	3	external	external	ADJ
cjfa-28098	118	4	factors	factor	NOUN
cjfa-28098	118	5	of	of	ADP
cjfa-28098	118	6	governance	governance	NOUN
cjfa-28098	118	7	into	into	ADP
cjfa-28098	118	8	five	five	NUM
cjfa-28098	118	9	groups	group	NOUN
cjfa-28098	118	10	for	for	ADP
cjfa-28098	118	11	example	example	NOUN
cjfa-28098	118	12	legal	legal	ADJ
cjfa-28098	118	13	framework	framework	NOUN
cjfa-28098	118	14	and	and	CCONJ
cjfa-28098	118	15	internal	internal	ADJ
cjfa-28098	118	16	regulation	regulation	NOUN
cjfa-28098	118	17	,	,	PUNCT
cjfa-28098	118	18	markets	market	NOUN
cjfa-28098	118	19	for	for	ADP
cjfa-28098	118	20	cap	cap	NOUN
cjfa-28098	118	21	the	the	DET
cjfa-28098	118	22	transformation	transformation	NOUN
cjfa-28098	118	23	of	of	ADP
cjfa-28098	118	24	the	the	DET
cjfa-28098	118	25	corporate	corporate	ADJ
cjfa-28098	118	26	governance	governance	NOUN
cjfa-28098	118	27	model	model	NOUN
cjfa-28098	118	28	…	…	PUNCT
cjfa-28098	118	29	15	15	NUM
cjfa-28098	118	30	ital	ital	ADJ
cjfa-28098	118	31	,	,	PUNCT
cjfa-28098	118	32	corporate	corporate	ADJ
cjfa-28098	118	33	control	control	NOUN
cjfa-28098	118	34	,	,	PUNCT
cjfa-28098	118	35	labor	labor	NOUN
cjfa-28098	118	36	and	and	CCONJ
cjfa-28098	118	37	goods	good	NOUN
cjfa-28098	118	38	and	and	CCONJ
cjfa-28098	118	39	service	service	NOUN
cjfa-28098	118	40	,	,	PUNCT
cjfa-28098	118	41	markets	market	NOUN
cjfa-28098	118	42	of	of	ADP
cjfa-28098	118	43	contributor	contributor	NOUN
cjfa-28098	118	44	of	of	ADP
cjfa-28098	118	45	capital	capital	NOUN
cjfa-28098	118	46	market	market	NOUN
cjfa-28098	118	47	information	information	NOUN
cjfa-28098	118	48	such	such	ADJ
cjfa-28098	118	49	as	as	ADP
cjfa-28098	118	50	financial	financial	ADJ
cjfa-28098	118	51	and	and	CCONJ
cjfa-28098	118	52	governance	governance	NOUN
cjfa-28098	118	53	analyst	analyst	NOUN
cjfa-28098	118	54	,	,	PUNCT
cjfa-28098	118	55	markets	market	NOUN
cjfa-28098	118	56	for	for	ADP
cjfa-28098	118	57	external	external	ADJ
cjfa-28098	118	58	service	service	NOUN
cjfa-28098	118	59	provider	provider	NOUN
cjfa-28098	118	60	such	such	ADJ
cjfa-28098	118	61	as	as	ADP
cjfa-28098	118	62	accounting	accounting	NOUN
cjfa-28098	118	63	,	,	PUNCT
cjfa-28098	118	64	auditing	auditing	NOUN
cjfa-28098	118	65	and	and	CCONJ
cjfa-28098	118	66	legal	legal	ADJ
cjfa-28098	118	67	services	service	NOUN
cjfa-28098	118	68	from	from	ADP
cjfa-28098	118	69	entities	entity	NOUN
cjfa-28098	118	70	outside	outside	ADP
cjfa-28098	118	71	of	of	ADP
cjfa-28098	118	72	the	the	DET
cjfa-28098	118	73	corporation	corporation	NOUN
cjfa-28098	118	74	and	and	CCONJ
cjfa-28098	118	75	sources	source	NOUN
cjfa-28098	118	76	of	of	ADP
cjfa-28098	118	77	outside	outside	ADJ
cjfa-28098	118	78	supervision	supervision	NOUN
cjfa-28098	118	79	,	,	PUNCT
cjfa-28098	118	80	mainly	mainly	ADV
cjfa-28098	118	81	the	the	DET
cjfa-28098	118	82	media	medium	NOUN
cjfa-28098	118	83	and	and	CCONJ
cjfa-28098	118	84	external	external	ADJ
cjfa-28098	118	85	legal	legal	ADJ
cjfa-28098	118	86	allegation	allegation	NOUN
cjfa-28098	118	87	.	.	PUNCT
cjfa-28098	119	1	external	external	ADJ
cjfa-28098	119	2	governance	governance	NOUN
cjfa-28098	119	3	mechanism	mechanism	NOUN
cjfa-28098	119	4	apart	apart	ADV
cjfa-28098	119	5	from	from	ADP
cjfa-28098	119	6	the	the	DET
cjfa-28098	119	7	external	external	ADJ
cjfa-28098	119	8	governance	governance	NOUN
cjfa-28098	119	9	factors	factor	NOUN
cjfa-28098	119	10	exhibited	exhibit	VERB
cjfa-28098	119	11	by	by	ADP
cjfa-28098	119	12	(	(	PUNCT
cjfa-28098	119	13	gillan	gillan	PROPN
cjfa-28098	119	14	&	&	CCONJ
cjfa-28098	119	15	starks	starks	PROPN
cjfa-28098	119	16	,	,	PUNCT
cjfa-28098	119	17	1998	1998	NUM
cjfa-28098	119	18	)	)	PUNCT
cjfa-28098	119	19	usual	usual	ADJ
cjfa-28098	119	20	external	external	ADJ
cjfa-28098	119	21	governance	governance	NOUN
cjfa-28098	119	22	means	mean	NOUN
cjfa-28098	119	23	have	have	AUX
cjfa-28098	119	24	been	be	AUX
cjfa-28098	119	25	stated	state	VERB
cjfa-28098	119	26	in	in	ADP
cjfa-28098	119	27	the	the	DET
cjfa-28098	119	28	studies	study	NOUN
cjfa-28098	119	29	of	of	ADP
cjfa-28098	119	30	several	several	ADJ
cjfa-28098	119	31	researchers	researcher	NOUN
cjfa-28098	119	32	such	such	ADJ
cjfa-28098	119	33	as	as	ADP
cjfa-28098	119	34	the	the	DET
cjfa-28098	119	35	threat	threat	NOUN
cjfa-28098	119	36	of	of	ADP
cjfa-28098	119	37	hostile	hostile	ADJ
cjfa-28098	119	38	takeover	takeover	NOUN
cjfa-28098	119	39	(	(	PUNCT
cjfa-28098	119	40	manne	manne	PROPN
cjfa-28098	119	41	,	,	PUNCT
cjfa-28098	119	42	1965	1965	NUM
cjfa-28098	119	43	)	)	PUNCT
cjfa-28098	119	44	(	(	PUNCT
cjfa-28098	119	45	fama	fama	PROPN
cjfa-28098	119	46	&	&	CCONJ
cjfa-28098	119	47	jensen	jensen	PROPN
cjfa-28098	119	48	,	,	PUNCT
cjfa-28098	119	49	1983a	1983a	NUM
cjfa-28098	119	50	)	)	PUNCT
cjfa-28098	119	51	,	,	PUNCT
cjfa-28098	119	52	rivalry	rivalry	NOUN
cjfa-28098	119	53	in	in	ADP
cjfa-28098	119	54	the	the	DET
cjfa-28098	119	55	goods	good	NOUN
cjfa-28098	119	56	and	and	CCONJ
cjfa-28098	119	57	capital	capital	NOUN
cjfa-28098	119	58	markets	market	NOUN
cjfa-28098	119	59	(	(	PUNCT
cjfa-28098	119	60	hart	hart	PROPN
cjfa-28098	119	61	,	,	PUNCT
cjfa-28098	119	62	1983	1983	NUM
cjfa-28098	119	63	)	)	PUNCT
cjfa-28098	119	64	and	and	CCONJ
cjfa-28098	119	65	the	the	DET
cjfa-28098	119	66	managerial	managerial	ADJ
cjfa-28098	119	67	compensation	compensation	NOUN
cjfa-28098	119	68	(	(	PUNCT
cjfa-28098	119	69	jensen	jensen	PROPN
cjfa-28098	119	70	&	&	CCONJ
cjfa-28098	119	71	meckling	meckling	PROPN
cjfa-28098	119	72	,	,	PUNCT
cjfa-28098	119	73	1976	1976	NUM
cjfa-28098	119	74	;	;	PUNCT
cjfa-28098	119	75	fama	fama	NOUN
cjfa-28098	119	76	,	,	PUNCT
cjfa-28098	119	77	1980a	1980a	NUM
cjfa-28098	119	78	)	)	PUNCT
cjfa-28098	119	79	.	.	PUNCT
cjfa-28098	120	1	as	as	SCONJ
cjfa-28098	120	2	conferred	confer	VERB
cjfa-28098	120	3	previously	previously	ADV
cjfa-28098	120	4	,	,	PUNCT
cjfa-28098	120	5	corporations	corporation	NOUN
cjfa-28098	120	6	do	do	AUX
cjfa-28098	120	7	not	not	PART
cjfa-28098	120	8	function	function	VERB
cjfa-28098	120	9	in	in	ADP
cjfa-28098	120	10	isolation	isolation	NOUN
cjfa-28098	120	11	,	,	PUNCT
cjfa-28098	120	12	but	but	CCONJ
cjfa-28098	120	13	within	within	ADP
cjfa-28098	120	14	the	the	DET
cjfa-28098	120	15	boundary	boundary	NOUN
cjfa-28098	120	16	of	of	ADP
cjfa-28098	120	17	legal	legal	ADJ
cjfa-28098	120	18	limitation	limitation	NOUN
cjfa-28098	120	19	.	.	PUNCT
cjfa-28098	121	1	corporations	corporation	NOUN
cjfa-28098	121	2	are	be	AUX
cjfa-28098	121	3	uncovered	uncover	VERB
cjfa-28098	121	4	to	to	ADP
cjfa-28098	121	5	market	market	NOUN
cjfa-28098	121	6	forces	force	NOUN
cjfa-28098	121	7	and	and	CCONJ
cjfa-28098	121	8	under	under	ADP
cjfa-28098	121	9	the	the	DET
cjfa-28098	121	10	supervision	supervision	NOUN
cjfa-28098	121	11	other	other	ADJ
cjfa-28098	121	12	external	external	ADJ
cjfa-28098	121	13	sources	source	NOUN
cjfa-28098	121	14	.	.	PUNCT
cjfa-28098	122	1	the	the	DET
cjfa-28098	122	2	subsequent	subsequent	ADJ
cjfa-28098	122	3	segment	segment	NOUN
cjfa-28098	122	4	illustrates	illustrate	VERB
cjfa-28098	122	5	these	these	DET
cjfa-28098	122	6	and	and	CCONJ
cjfa-28098	122	7	other	other	ADJ
cjfa-28098	122	8	prospective	prospective	ADJ
cjfa-28098	122	9	influential	influential	ADJ
cjfa-28098	122	10	governance	governance	NOUN
cjfa-28098	122	11	factors	factor	NOUN
cjfa-28098	122	12	.	.	PUNCT
cjfa-28098	123	1	the	the	DET
cjfa-28098	123	2	legal	legal	ADJ
cjfa-28098	123	3	setting	setting	NOUN
cjfa-28098	123	4	characteristic	characteristic	NOUN
cjfa-28098	123	5	of	of	ADP
cjfa-28098	123	6	the	the	DET
cjfa-28098	123	7	legal	legal	ADJ
cjfa-28098	123	8	and	and	CCONJ
cjfa-28098	123	9	regulatory	regulatory	ADJ
cjfa-28098	123	10	frameworks	framework	NOUN
cjfa-28098	123	11	are	be	AUX
cjfa-28098	123	12	closely	closely	ADV
cjfa-28098	123	13	associated	associate	VERB
cjfa-28098	123	14	to	to	ADP
cjfa-28098	123	15	cg	cg	VERB
cjfa-28098	123	16	,	,	PUNCT
cjfa-28098	123	17	and	and	CCONJ
cjfa-28098	123	18	a	a	DET
cjfa-28098	123	19	significant	significant	ADJ
cjfa-28098	123	20	number	number	NOUN
cjfa-28098	123	21	of	of	ADP
cjfa-28098	123	22	prominent	prominent	ADJ
cjfa-28098	123	23	studies	study	NOUN
cjfa-28098	123	24	established	establish	VERB
cjfa-28098	123	25	linkage	linkage	NOUN
cjfa-28098	123	26	between	between	ADP
cjfa-28098	123	27	governance	governance	NOUN
cjfa-28098	123	28	and	and	CCONJ
cjfa-28098	123	29	legal	legal	ADJ
cjfa-28098	123	30	environment	environment	NOUN
cjfa-28098	123	31	.	.	PUNCT
cjfa-28098	124	1	for	for	ADP
cjfa-28098	124	2	instance	instance	NOUN
cjfa-28098	124	3	,	,	PUNCT
cjfa-28098	124	4	studies	study	NOUN
cjfa-28098	124	5	examine	examine	VERB
cjfa-28098	124	6	the	the	DET
cjfa-28098	124	7	direct	direct	ADJ
cjfa-28098	124	8	influence	influence	NOUN
cjfa-28098	124	9	of	of	ADP
cjfa-28098	124	10	legislative	legislative	ADJ
cjfa-28098	124	11	changes	change	NOUN
cjfa-28098	124	12	on	on	ADP
cjfa-28098	124	13	investor	investor	NOUN
cjfa-28098	124	14	’s	’s	PART
cjfa-28098	124	15	wealth	wealth	NOUN
cjfa-28098	124	16	and	and	CCONJ
cjfa-28098	124	17	the	the	DET
cjfa-28098	124	18	efficiency	efficiency	NOUN
cjfa-28098	124	19	or	or	CCONJ
cjfa-28098	124	20	the	the	DET
cjfa-28098	124	21	cost	cost	NOUN
cjfa-28098	124	22	of	of	ADP
cjfa-28098	124	23	single	single	ADJ
cjfa-28098	124	24	or	or	CCONJ
cjfa-28098	124	25	multiple	multiple	ADJ
cjfa-28098	124	26	supervising	supervising	NOUN
cjfa-28098	124	27	policies	policy	NOUN
cjfa-28098	124	28	(	(	PUNCT
cjfa-28098	124	29	szewczyk	szewczyk	NOUN
cjfa-28098	124	30	&	&	CCONJ
cjfa-28098	124	31	tsetsekos	tsetsekos	NOUN
cjfa-28098	124	32	,	,	PUNCT
cjfa-28098	124	33	1992	1992	NUM
cjfa-28098	124	34	)	)	PUNCT
cjfa-28098	124	35	;	;	PUNCT
cjfa-28098	124	36	(	(	PUNCT
cjfa-28098	124	37	coles	coles	PROPN
cjfa-28098	124	38	&	&	CCONJ
cjfa-28098	124	39	hoi	hoi	PROPN
cjfa-28098	124	40	,	,	PUNCT
cjfa-28098	124	41	2003	2003	NUM
cjfa-28098	124	42	)	)	PUNCT
cjfa-28098	124	43	.	.	PUNCT
cjfa-28098	125	1	for	for	ADP
cjfa-28098	125	2	reference	reference	NOUN
cjfa-28098	125	3	,	,	PUNCT
cjfa-28098	125	4	in	in	ADP
cjfa-28098	125	5	the	the	DET
cjfa-28098	125	6	usa	usa	PROPN
cjfa-28098	125	7	several	several	ADJ
cjfa-28098	125	8	states	state	NOUN
cjfa-28098	125	9	have	have	AUX
cjfa-28098	125	10	approved	approve	VERB
cjfa-28098	125	11	laws	law	NOUN
cjfa-28098	125	12	intended	intend	VERB
cjfa-28098	125	13	to	to	PART
cjfa-28098	125	14	evade	evade	VERB
cjfa-28098	125	15	or	or	CCONJ
cjfa-28098	125	16	raise	raise	VERB
cjfa-28098	125	17	the	the	DET
cjfa-28098	125	18	expenditure	expenditure	NOUN
cjfa-28098	125	19	of	of	ADP
cjfa-28098	125	20	unfriendly	unfriendly	ADJ
cjfa-28098	125	21	acquisition	acquisition	NOUN
cjfa-28098	125	22	.	.	PUNCT
cjfa-28098	126	1	this	this	PRON
cjfa-28098	126	2	initiates	initiate	VERB
cjfa-28098	126	3	a	a	DET
cjfa-28098	126	4	serious	serious	ADJ
cjfa-28098	126	5	impression	impression	NOUN
cjfa-28098	126	6	on	on	ADP
cjfa-28098	126	7	the	the	DET
cjfa-28098	126	8	survival	survival	NOUN
cjfa-28098	126	9	of	of	ADP
cjfa-28098	126	10	the	the	DET
cjfa-28098	126	11	acquisition	acquisition	NOUN
cjfa-28098	126	12	tool	tool	NOUN
cjfa-28098	126	13	as	as	ADP
cjfa-28098	126	14	a	a	DET
cjfa-28098	126	15	usual	usual	ADJ
cjfa-28098	126	16	means	mean	NOUN
cjfa-28098	126	17	to	to	PART
cjfa-28098	126	18	dominate	dominate	VERB
cjfa-28098	126	19	management	management	NOUN
cjfa-28098	126	20	actions	action	NOUN
cjfa-28098	126	21	within	within	ADP
cjfa-28098	126	22	the	the	DET
cjfa-28098	126	23	legal	legal	ADJ
cjfa-28098	126	24	boundary	boundary	NOUN
cjfa-28098	126	25	.	.	PUNCT
cjfa-28098	127	1	another	another	DET
cjfa-28098	127	2	instance	instance	NOUN
cjfa-28098	127	3	is	be	AUX
cjfa-28098	127	4	the	the	DET
cjfa-28098	127	5	cases	case	NOUN
cjfa-28098	127	6	where	where	SCONJ
cjfa-28098	127	7	legal	legal	ADJ
cjfa-28098	127	8	rule	rule	NOUN
cjfa-28098	127	9	is	be	AUX
cjfa-28098	127	10	there	there	ADV
cjfa-28098	127	11	to	to	PART
cjfa-28098	127	12	promote	promote	VERB
cjfa-28098	127	13	payout	payout	ADJ
cjfa-28098	127	14	policy	policy	NOUN
cjfa-28098	127	15	as	as	ADP
cjfa-28098	127	16	an	an	DET
cjfa-28098	127	17	effective	effective	ADJ
cjfa-28098	127	18	tool	tool	NOUN
cjfa-28098	127	19	to	to	PART
cjfa-28098	127	20	deal	deal	VERB
cjfa-28098	127	21	with	with	ADP
cjfa-28098	127	22	possible	possible	ADJ
cjfa-28098	127	23	agency	agency	NOUN
cjfa-28098	127	24	problems	problem	NOUN
cjfa-28098	127	25	.	.	PUNCT
cjfa-28098	128	1	countries	country	NOUN
cjfa-28098	128	2	in	in	ADP
cjfa-28098	128	3	south	south	PROPN
cjfa-28098	128	4	america	america	PROPN
cjfa-28098	128	5	like	like	ADP
cjfa-28098	128	6	brazil	brazil	PROPN
cjfa-28098	128	7	,	,	PUNCT
cjfa-28098	128	8	chile	chile	PROPN
cjfa-28098	128	9	,	,	PUNCT
cjfa-28098	128	10	colombia	colombia	PROPN
cjfa-28098	128	11	and	and	CCONJ
cjfa-28098	128	12	venezuela	venezuela	PROPN
cjfa-28098	128	13	have	have	VERB
cjfa-28098	128	14	such	such	ADJ
cjfa-28098	128	15	legislative	legislative	ADJ
cjfa-28098	128	16	policies	policy	NOUN
cjfa-28098	128	17	where	where	SCONJ
cjfa-28098	128	18	corporations	corporation	NOUN
cjfa-28098	128	19	deal	deal	VERB
cjfa-28098	128	20	with	with	ADP
cjfa-28098	128	21	obligatory	obligatory	ADJ
cjfa-28098	128	22	dividend	dividend	NOUN
cjfa-28098	128	23	policy	policy	NOUN
cjfa-28098	128	24	(	(	PUNCT
cjfa-28098	128	25	mitton	mitton	PROPN
cjfa-28098	128	26	,	,	PUNCT
cjfa-28098	128	27	2004	2004	NUM
cjfa-28098	128	28	)	)	PUNCT
cjfa-28098	128	29	.	.	PUNCT
cjfa-28098	129	1	a	a	DET
cjfa-28098	129	2	significant	significant	ADJ
cjfa-28098	129	3	outcome	outcome	NOUN
cjfa-28098	129	4	of	of	ADP
cjfa-28098	129	5	this	this	DET
cjfa-28098	129	6	type	type	NOUN
cjfa-28098	129	7	of	of	ADP
cjfa-28098	129	8	national	national	ADJ
cjfa-28098	129	9	level	level	NOUN
cjfa-28098	129	10	legal	legal	ADJ
cjfa-28098	129	11	proposal	proposal	NOUN
cjfa-28098	129	12	has	have	AUX
cjfa-28098	129	13	been	be	AUX
cjfa-28098	129	14	exhibited	exhibit	VERB
cjfa-28098	129	15	by	by	ADP
cjfa-28098	129	16	(	(	PUNCT
cjfa-28098	129	17	dahya	dahya	PROPN
cjfa-28098	129	18	,	,	PUNCT
cjfa-28098	129	19	mcconnell	mcconnell	PROPN
cjfa-28098	129	20	&	&	CCONJ
cjfa-28098	129	21	travlos	travlos	PROPN
cjfa-28098	129	22	,	,	PUNCT
cjfa-28098	129	23	2002	2002	NUM
cjfa-28098	129	24	)	)	PUNCT
cjfa-28098	129	25	,	,	PUNCT
cjfa-28098	129	26	who	who	PRON
cjfa-28098	129	27	investigate	investigate	VERB
cjfa-28098	129	28	the	the	DET
cjfa-28098	129	29	connection	connection	NOUN
cjfa-28098	129	30	between	between	ADP
cjfa-28098	129	31	the	the	DET
cjfa-28098	129	32	turnover	turnover	NOUN
cjfa-28098	129	33	rate	rate	NOUN
cjfa-28098	129	34	of	of	ADP
cjfa-28098	129	35	the	the	DET
cjfa-28098	129	36	ceo	ceo	NOUN
cjfa-28098	129	37	and	and	CCONJ
cjfa-28098	129	38	firm	firm	ADJ
cjfa-28098	129	39	operating	operating	NOUN
cjfa-28098	129	40	result	result	NOUN
cjfa-28098	129	41	prior	prior	ADV
cjfa-28098	129	42	and	and	CCONJ
cjfa-28098	129	43	later	later	ADV
cjfa-28098	129	44	the	the	DET
cjfa-28098	129	45	publication	publication	NOUN
cjfa-28098	129	46	of	of	ADP
cjfa-28098	129	47	the	the	DET
cjfa-28098	129	48	(	(	PUNCT
cjfa-28098	129	49	cadbury	cadbury	PROPN
cjfa-28098	129	50	,	,	PUNCT
cjfa-28098	129	51	1992a	1992a	NUM
cjfa-28098	129	52	)	)	PUNCT
cjfa-28098	129	53	policy	policy	NOUN
cjfa-28098	129	54	in	in	ADP
cjfa-28098	129	55	the	the	DET
cjfa-28098	129	56	uk	uk	PROPN
cjfa-28098	129	57	.	.	PUNCT
cjfa-28098	130	1	they	they	PRON
cjfa-28098	130	2	discovatm	discovatm	PROPN
cjfa-28098	130	3	adnan	adnan	PROPN
cjfa-28098	130	4	,	,	PUNCT
cjfa-28098	130	5	nisar	nisar	PROPN
cjfa-28098	130	6	ahmed16	ahmed16	PROPN
cjfa-28098	131	1	er	er	INTJ
cjfa-28098	131	2	that	that	SCONJ
cjfa-28098	131	3	after	after	ADP
cjfa-28098	131	4	the	the	DET
cjfa-28098	131	5	publication	publication	NOUN
cjfa-28098	131	6	of	of	ADP
cjfa-28098	131	7	the	the	DET
cjfa-28098	131	8	policy	policy	NOUN
cjfa-28098	131	9	,	,	PUNCT
cjfa-28098	131	10	the	the	DET
cjfa-28098	131	11	negative	negative	ADJ
cjfa-28098	131	12	association	association	NOUN
cjfa-28098	131	13	between	between	ADP
cjfa-28098	131	14	the	the	DET
cjfa-28098	131	15	turnover	turnover	NOUN
cjfa-28098	131	16	rate	rate	NOUN
cjfa-28098	131	17	and	and	CCONJ
cjfa-28098	131	18	operational	operational	ADJ
cjfa-28098	131	19	achievement	achievement	NOUN
cjfa-28098	131	20	turn	turn	VERB
cjfa-28098	131	21	out	out	ADP
cjfa-28098	131	22	to	to	PART
cjfa-28098	131	23	be	be	AUX
cjfa-28098	131	24	much	much	ADV
cjfa-28098	131	25	robust	robust	ADJ
cjfa-28098	131	26	,	,	PUNCT
cjfa-28098	131	27	along	along	ADP
cjfa-28098	131	28	with	with	ADP
cjfa-28098	131	29	rise	rise	NOUN
cjfa-28098	131	30	in	in	ADP
cjfa-28098	131	31	sensitivity	sensitivity	NOUN
cjfa-28098	131	32	between	between	ADP
cjfa-28098	131	33	these	these	DET
cjfa-28098	131	34	two	two	NUM
cjfa-28098	131	35	factors	factor	NOUN
cjfa-28098	131	36	.	.	PUNCT
cjfa-28098	132	1	one	one	NUM
cjfa-28098	132	2	more	more	ADV
cjfa-28098	132	3	vital	vital	ADJ
cjfa-28098	132	4	part	part	NOUN
cjfa-28098	132	5	of	of	ADP
cjfa-28098	132	6	the	the	DET
cjfa-28098	132	7	legal	legal	ADJ
cjfa-28098	132	8	setting	setting	NOUN
cjfa-28098	132	9	,	,	PUNCT
cjfa-28098	132	10	which	which	PRON
cjfa-28098	132	11	might	might	AUX
cjfa-28098	132	12	also	also	ADV
cjfa-28098	132	13	affect	affect	VERB
cjfa-28098	132	14	cg	cg	NOUN
cjfa-28098	132	15	strategy	strategy	NOUN
cjfa-28098	132	16	,	,	PUNCT
cjfa-28098	132	17	is	be	AUX
cjfa-28098	132	18	the	the	DET
cjfa-28098	132	19	concern	concern	NOUN
cjfa-28098	132	20	with	with	ADP
cjfa-28098	132	21	the	the	DET
cjfa-28098	132	22	safeguard	safeguard	NOUN
cjfa-28098	132	23	of	of	ADP
cjfa-28098	132	24	small	small	ADJ
cjfa-28098	132	25	investors	investor	NOUN
cjfa-28098	132	26	.	.	PUNCT
cjfa-28098	133	1	(	(	PUNCT
cjfa-28098	133	2	la	la	INTJ
cjfa-28098	133	3	porta	porta	NOUN
cjfa-28098	133	4	,	,	PUNCT
cjfa-28098	133	5	lopez	lopez	NOUN
cjfa-28098	133	6	-	-	PUNCT
cjfa-28098	133	7	desilanes	desilane	NOUN
cjfa-28098	133	8	,	,	PUNCT
cjfa-28098	133	9	shleifer	shleifer	PROPN
cjfa-28098	133	10	&	&	CCONJ
cjfa-28098	133	11	vishny	vishny	PROPN
cjfa-28098	133	12	,	,	PUNCT
cjfa-28098	133	13	1997	1997	NUM
cjfa-28098	133	14	)	)	PUNCT
cjfa-28098	133	15	and	and	CCONJ
cjfa-28098	133	16	(	(	PUNCT
cjfa-28098	133	17	shleifer	shleifer	PROPN
cjfa-28098	133	18	&	&	CCONJ
cjfa-28098	133	19	vishny	vishny	PROPN
cjfa-28098	133	20	,	,	PUNCT
cjfa-28098	133	21	1997	1997	NUM
cjfa-28098	133	22	)	)	PUNCT
cjfa-28098	133	23	exhibited	exhibit	VERB
cjfa-28098	133	24	that	that	SCONJ
cjfa-28098	133	25	the	the	DET
cjfa-28098	133	26	subsistence	subsistence	NOUN
cjfa-28098	133	27	and	and	CCONJ
cjfa-28098	133	28	usefulness	usefulness	NOUN
cjfa-28098	133	29	of	of	ADP
cjfa-28098	133	30	laws	law	NOUN
cjfa-28098	133	31	defending	defend	VERB
cjfa-28098	133	32	shareholder	shareholder	NOUN
cjfa-28098	133	33	are	be	AUX
cjfa-28098	133	34	the	the	DET
cjfa-28098	133	35	foremost	foremost	ADJ
cjfa-28098	133	36	decisive	decisive	ADJ
cjfa-28098	133	37	factors	factor	NOUN
cjfa-28098	133	38	of	of	ADP
cjfa-28098	133	39	the	the	DET
cjfa-28098	133	40	progress	progress	NOUN
cjfa-28098	133	41	of	of	ADP
cjfa-28098	133	42	domestic	domestic	ADJ
cjfa-28098	133	43	financial	financial	ADJ
cjfa-28098	133	44	market	market	NOUN
cjfa-28098	133	45	.	.	PUNCT
cjfa-28098	134	1	they	they	PRON
cjfa-28098	134	2	have	have	AUX
cjfa-28098	134	3	also	also	ADV
cjfa-28098	134	4	argued	argue	VERB
cjfa-28098	134	5	that	that	SCONJ
cjfa-28098	134	6	the	the	DET
cjfa-28098	134	7	eminence	eminence	NOUN
cjfa-28098	134	8	of	of	ADP
cjfa-28098	134	9	the	the	DET
cjfa-28098	134	10	legal	legal	ADJ
cjfa-28098	134	11	environment	environment	NOUN
cjfa-28098	134	12	of	of	ADP
cjfa-28098	134	13	shareholders	shareholder	NOUN
cjfa-28098	134	14	security	security	NOUN
cjfa-28098	134	15	is	be	AUX
cjfa-28098	134	16	a	a	DET
cjfa-28098	134	17	key	key	ADJ
cjfa-28098	134	18	factor	factor	NOUN
cjfa-28098	134	19	on	on	ADP
cjfa-28098	134	20	the	the	DET
cjfa-28098	134	21	capability	capability	NOUN
cjfa-28098	134	22	of	of	ADP
cjfa-28098	134	23	corporation	corporation	NOUN
cjfa-28098	134	24	and	and	CCONJ
cjfa-28098	134	25	shareholder	shareholder	NOUN
cjfa-28098	134	26	to	to	PART
cjfa-28098	134	27	form	form	VERB
cjfa-28098	134	28	a	a	DET
cjfa-28098	134	29	suitable	suitable	ADJ
cjfa-28098	134	30	cg	cg	NOUN
cjfa-28098	134	31	arrangement	arrangement	NOUN
cjfa-28098	134	32	.	.	PUNCT
cjfa-28098	135	1	furthermore	furthermore	ADV
cjfa-28098	135	2	coherent	coherent	ADJ
cjfa-28098	135	3	to	to	ADP
cjfa-28098	135	4	the	the	DET
cjfa-28098	135	5	perception	perception	NOUN
cjfa-28098	135	6	that	that	SCONJ
cjfa-28098	135	7	the	the	DET
cjfa-28098	135	8	legislative	legislative	ADJ
cjfa-28098	135	9	framework	framework	NOUN
cjfa-28098	135	10	holds	hold	VERB
cjfa-28098	135	11	momentous	momentous	ADJ
cjfa-28098	135	12	influence	influence	NOUN
cjfa-28098	135	13	on	on	ADP
cjfa-28098	135	14	the	the	DET
cjfa-28098	135	15	formation	formation	NOUN
cjfa-28098	135	16	of	of	ADP
cjfa-28098	135	17	cg	cg	NOUN
cjfa-28098	135	18	,	,	PUNCT
cjfa-28098	135	19	(	(	PUNCT
cjfa-28098	135	20	coffee	coffee	NOUN
cjfa-28098	135	21	&	&	CCONJ
cjfa-28098	135	22	black	black	ADJ
cjfa-28098	135	23	,	,	PUNCT
cjfa-28098	135	24	1994	1994	NUM
cjfa-28098	135	25	)	)	PUNCT
cjfa-28098	136	1	carried	carry	VERB
cjfa-28098	136	2	a	a	DET
cjfa-28098	136	3	relative	relative	ADJ
cjfa-28098	136	4	research	research	NOUN
cjfa-28098	136	5	on	on	ADP
cjfa-28098	136	6	the	the	DET
cjfa-28098	136	7	legal	legal	ADJ
cjfa-28098	136	8	framework	framework	NOUN
cjfa-28098	136	9	in	in	ADP
cjfa-28098	136	10	the	the	DET
cjfa-28098	136	11	usa	usa	PROPN
cjfa-28098	136	12	and	and	CCONJ
cjfa-28098	136	13	the	the	DET
cjfa-28098	136	14	united	united	PROPN
cjfa-28098	136	15	kingdom	kingdom	PROPN
cjfa-28098	136	16	covering	cover	VERB
cjfa-28098	136	17	the	the	DET
cjfa-28098	136	18	actions	action	NOUN
cjfa-28098	136	19	of	of	ADP
cjfa-28098	136	20	‘	'	PUNCT
cjfa-28098	136	21	institutional	institutional	ADJ
cjfa-28098	136	22	investors	investor	NOUN
cjfa-28098	136	23	’	'	PUNCT
cjfa-28098	136	24	.	.	PUNCT
cjfa-28098	137	1	they	they	PRON
cjfa-28098	137	2	examine	examine	VERB
cjfa-28098	137	3	that	that	SCONJ
cjfa-28098	137	4	the	the	DET
cjfa-28098	137	5	regulation	regulation	NOUN
cjfa-28098	137	6	plays	play	VERB
cjfa-28098	137	7	a	a	DET
cjfa-28098	137	8	insignificant	insignificant	ADJ
cjfa-28098	137	9	role	role	NOUN
cjfa-28098	137	10	in	in	ADP
cjfa-28098	137	11	determining	determine	VERB
cjfa-28098	137	12	‘	'	PUNCT
cjfa-28098	137	13	institutional	institutional	ADJ
cjfa-28098	137	14	investors	investor	NOUN
cjfa-28098	137	15	’	'	PUNCT
cjfa-28098	137	16	eagerness	eagerness	NOUN
cjfa-28098	137	17	to	to	PART
cjfa-28098	137	18	engage	engage	VERB
cjfa-28098	137	19	in	in	ADP
cjfa-28098	137	20	supervising	supervise	VERB
cjfa-28098	137	21	management	management	NOUN
cjfa-28098	137	22	dealings	dealing	NOUN
cjfa-28098	137	23	.	.	PUNCT
cjfa-28098	138	1	there	there	PRON
cjfa-28098	138	2	are	be	VERB
cjfa-28098	138	3	also	also	ADV
cjfa-28098	138	4	significant	significant	ADJ
cjfa-28098	138	5	numbers	number	NOUN
cjfa-28098	138	6	of	of	ADP
cjfa-28098	138	7	researches	research	NOUN
cjfa-28098	138	8	,	,	PUNCT
cjfa-28098	138	9	beginning	begin	VERB
cjfa-28098	138	10	with	with	ADP
cjfa-28098	138	11	(	(	PUNCT
cjfa-28098	138	12	la	la	INTJ
cjfa-28098	138	13	porta	porta	NOUN
cjfa-28098	138	14	,	,	PUNCT
cjfa-28098	138	15	lopez	lopez	NOUN
cjfa-28098	138	16	-	-	PUNCT
cjfa-28098	138	17	de	de	NOUN
cjfa-28098	138	18	-	-	NOUN
cjfa-28098	138	19	silanes	silane	NOUN
cjfa-28098	138	20	,	,	PUNCT
cjfa-28098	138	21	shleifer	shleifer	PROPN
cjfa-28098	138	22	&	&	CCONJ
cjfa-28098	138	23	vishny	vishny	PROPN
cjfa-28098	138	24	,	,	PUNCT
cjfa-28098	138	25	1997	1997	NUM
cjfa-28098	138	26	)	)	PUNCT
cjfa-28098	138	27	concentrating	concentrate	VERB
cjfa-28098	138	28	on	on	ADP
cjfa-28098	138	29	cg	cg	NOUN
cjfa-28098	138	30	and	and	CCONJ
cjfa-28098	138	31	how	how	SCONJ
cjfa-28098	138	32	it	it	PRON
cjfa-28098	138	33	is	be	AUX
cjfa-28098	138	34	associated	associate	VERB
cjfa-28098	138	35	with	with	ADP
cjfa-28098	138	36	the	the	DET
cjfa-28098	138	37	legal	legal	ADJ
cjfa-28098	138	38	safeguard	safeguard	NOUN
cjfa-28098	138	39	devoted	devote	VERB
cjfa-28098	138	40	to	to	ADP
cjfa-28098	138	41	investors	investor	NOUN
cjfa-28098	138	42	and	and	CCONJ
cjfa-28098	138	43	creditors.(denis	creditors.(denis	PROPN
cjfa-28098	138	44	&	&	CCONJ
cjfa-28098	138	45	mcconnell	mcconnell	PROPN
cjfa-28098	138	46	,	,	PUNCT
cjfa-28098	138	47	2003	2003	NUM
cjfa-28098	138	48	)	)	PUNCT
cjfa-28098	139	1	argued	argue	VERB
cjfa-28098	139	2	that	that	SCONJ
cjfa-28098	139	3	dissimilarities	dissimilarity	NOUN
cjfa-28098	139	4	in	in	ADP
cjfa-28098	139	5	legal	legal	ADJ
cjfa-28098	139	6	structure	structure	NOUN
cjfa-28098	139	7	determine	determine	VERB
cjfa-28098	139	8	the	the	DET
cjfa-28098	139	9	size	size	NOUN
cjfa-28098	139	10	and	and	CCONJ
cjfa-28098	139	11	intensity	intensity	NOUN
cjfa-28098	139	12	of	of	ADP
cjfa-28098	139	13	capital	capital	NOUN
cjfa-28098	139	14	markets	market	NOUN
cjfa-28098	139	15	,	,	PUNCT
cjfa-28098	139	16	and	and	CCONJ
cjfa-28098	139	17	the	the	DET
cjfa-28098	139	18	capability	capability	NOUN
cjfa-28098	139	19	of	of	ADP
cjfa-28098	139	20	the	the	DET
cjfa-28098	139	21	corporations	corporation	NOUN
cjfa-28098	139	22	to	to	PART
cjfa-28098	139	23	gain	gain	VERB
cjfa-28098	139	24	access	access	NOUN
cjfa-28098	139	25	to	to	ADP
cjfa-28098	139	26	external	external	ADJ
cjfa-28098	139	27	funding	funding	NOUN
cjfa-28098	139	28	.	.	PUNCT
cjfa-28098	140	1	the	the	DET
cjfa-28098	140	2	threat	threat	NOUN
cjfa-28098	140	3	to	to	ADP
cjfa-28098	140	4	hostile	hostile	ADJ
cjfa-28098	140	5	takeover	takeover	NOUN
cjfa-28098	140	6	and	and	CCONJ
cjfa-28098	140	7	the	the	DET
cjfa-28098	140	8	market	market	NOUN
cjfa-28098	140	9	for	for	ADP
cjfa-28098	140	10	corporate	corporate	ADJ
cjfa-28098	140	11	control	control	NOUN
cjfa-28098	140	12	in	in	ADP
cjfa-28098	140	13	many	many	ADJ
cjfa-28098	140	14	context	context	NOUN
cjfa-28098	140	15	threats	threat	NOUN
cjfa-28098	140	16	to	to	ADP
cjfa-28098	140	17	hostile	hostile	ADJ
cjfa-28098	140	18	takeover	takeover	NOUN
cjfa-28098	140	19	and	and	CCONJ
cjfa-28098	140	20	corporate	corporate	ADJ
cjfa-28098	140	21	control	control	NOUN
cjfa-28098	140	22	mechanism	mechanism	NOUN
cjfa-28098	140	23	are	be	AUX
cjfa-28098	140	24	considered	consider	VERB
cjfa-28098	140	25	as	as	ADP
cjfa-28098	140	26	the	the	DET
cjfa-28098	140	27	fundamental	fundamental	ADJ
cjfa-28098	140	28	cg	cg	NOUN
cjfa-28098	140	29	system	system	NOUN
cjfa-28098	140	30	.	.	PUNCT
cjfa-28098	141	1	a	a	DET
cjfa-28098	141	2	characteristic	characteristic	NOUN
cjfa-28098	141	3	of	of	ADP
cjfa-28098	141	4	the	the	DET
cjfa-28098	141	5	hostile	hostile	ADJ
cjfa-28098	141	6	takeover	takeover	NOUN
cjfa-28098	141	7	practice	practice	NOUN
cjfa-28098	141	8	is	be	AUX
cjfa-28098	141	9	that	that	SCONJ
cjfa-28098	141	10	it	it	PRON
cjfa-28098	141	11	can	can	AUX
cjfa-28098	141	12	be	be	AUX
cjfa-28098	141	13	effectively	effectively	ADV
cjfa-28098	141	14	enforced	enforce	VERB
cjfa-28098	141	15	in	in	ADP
cjfa-28098	141	16	an	an	DET
cjfa-28098	141	17	unbiased	unbiased	ADJ
cjfa-28098	141	18	pattern	pattern	NOUN
cjfa-28098	141	19	to	to	ADP
cjfa-28098	141	20	all	all	DET
cjfa-28098	141	21	business	business	NOUN
cjfa-28098	141	22	units	unit	NOUN
cjfa-28098	141	23	.	.	PUNCT
cjfa-28098	142	1	where	where	SCONJ
cjfa-28098	142	2	,	,	PUNCT
cjfa-28098	142	3	other	other	ADJ
cjfa-28098	142	4	means	mean	VERB
cjfa-28098	142	5	like	like	ADP
cjfa-28098	142	6	debt	debt	NOUN
cjfa-28098	142	7	covenant	covenant	NOUN
cjfa-28098	142	8	and	and	CCONJ
cjfa-28098	142	9	dividend	dividend	NOUN
cjfa-28098	142	10	disbursement	disbursement	NOUN
cjfa-28098	142	11	might	might	AUX
cjfa-28098	142	12	be	be	AUX
cjfa-28098	142	13	depend	depend	VERB
cjfa-28098	142	14	on	on	ADP
cjfa-28098	142	15	managerial	managerial	ADJ
cjfa-28098	142	16	discretion	discretion	NOUN
cjfa-28098	142	17	.	.	PUNCT
cjfa-28098	143	1	in	in	ADP
cjfa-28098	143	2	consistent	consistent	ADJ
cjfa-28098	143	3	with	with	ADP
cjfa-28098	143	4	this	this	DET
cjfa-28098	143	5	argument	argument	NOUN
cjfa-28098	143	6	,	,	PUNCT
cjfa-28098	143	7	(	(	PUNCT
cjfa-28098	143	8	fischel	fischel	PROPN
cjfa-28098	143	9	&	&	CCONJ
cjfa-28098	143	10	easterbrook	easterbrook	PROPN
cjfa-28098	143	11	,	,	PUNCT
cjfa-28098	143	12	1991	1991	NUM
cjfa-28098	143	13	)	)	PUNCT
cjfa-28098	143	14	and	and	CCONJ
cjfa-28098	143	15	(	(	PUNCT
cjfa-28098	143	16	jensen	jensen	PROPN
cjfa-28098	143	17	,	,	PUNCT
cjfa-28098	143	18	1993	1993	NUM
cjfa-28098	143	19	)	)	PUNCT
cjfa-28098	143	20	also	also	ADV
cjfa-28098	143	21	suggest	suggest	VERB
cjfa-28098	143	22	hostile	hostile	ADJ
cjfa-28098	143	23	acquisition	acquisition	NOUN
cjfa-28098	143	24	in	in	ADP
cjfa-28098	143	25	the	the	DET
cjfa-28098	143	26	united	united	PROPN
cjfa-28098	143	27	state	state	PROPN
cjfa-28098	143	28	as	as	ADP
cjfa-28098	143	29	a	a	DET
cjfa-28098	143	30	critical	critical	ADJ
cjfa-28098	143	31	cg	cg	NOUN
cjfa-28098	143	32	means	mean	NOUN
cjfa-28098	143	33	of	of	ADP
cjfa-28098	143	34	regulating	regulate	VERB
cjfa-28098	143	35	managers	manager	NOUN
cjfa-28098	143	36	’	'	PUNCT
cjfa-28098	143	37	decision	decision	NOUN
cjfa-28098	143	38	.	.	PUNCT
cjfa-28098	144	1	the	the	DET
cjfa-28098	144	2	practical	practical	ADJ
cjfa-28098	144	3	findings	finding	NOUN
cjfa-28098	144	4	exhibited	exhibit	VERB
cjfa-28098	144	5	that	that	SCONJ
cjfa-28098	144	6	hostile	hostile	ADJ
cjfa-28098	144	7	takeovers	takeover	NOUN
cjfa-28098	144	8	resulted	result	VERB
cjfa-28098	144	9	in	in	ADP
cjfa-28098	144	10	considerable	considerable	ADJ
cjfa-28098	144	11	upward	upward	ADJ
cjfa-28098	144	12	value	value	NOUN
cjfa-28098	144	13	generation	generation	NOUN
cjfa-28098	144	14	for	for	ADP
cjfa-28098	144	15	the	the	DET
cjfa-28098	144	16	target	target	NOUN
cjfa-28098	144	17	firms	firm	NOUN
cjfa-28098	144	18	is	be	AUX
cjfa-28098	144	19	persistent	persistent	ADJ
cjfa-28098	144	20	with	with	ADP
cjfa-28098	144	21	the	the	DET
cjfa-28098	144	22	earlier	early	ADJ
cjfa-28098	144	23	perception	perception	NOUN
cjfa-28098	144	24	in	in	ADP
cjfa-28098	144	25	addition	addition	NOUN
cjfa-28098	144	26	to	to	ADP
cjfa-28098	144	27	parallel	parallel	ADJ
cjfa-28098	144	28	standpoint	standpoint	NOUN
cjfa-28098	144	29	such	such	ADJ
cjfa-28098	144	30	as	as	ADP
cjfa-28098	144	31	‘	'	PUNCT
cjfa-28098	144	32	synergis	synergis	VERB
cjfa-28098	144	33	the	the	DET
cjfa-28098	144	34	transformation	transformation	NOUN
cjfa-28098	144	35	of	of	ADP
cjfa-28098	144	36	the	the	DET
cjfa-28098	144	37	corporate	corporate	ADJ
cjfa-28098	144	38	governance	governance	NOUN
cjfa-28098	144	39	model	model	NOUN
cjfa-28098	144	40	…	…	PUNCT
cjfa-28098	144	41	17	17	NUM
cjfa-28098	144	42	tic	tic	ADJ
cjfa-28098	144	43	boost’.(gompers	boost’.(gomper	NOUN
cjfa-28098	144	44	,	,	PUNCT
cjfa-28098	144	45	ishii	ishii	PROPN
cjfa-28098	144	46	&	&	CCONJ
cjfa-28098	144	47	metrick	metrick	NOUN
cjfa-28098	144	48	,	,	PUNCT
cjfa-28098	144	49	2003	2003	NUM
cjfa-28098	144	50	)	)	PUNCT
cjfa-28098	144	51	found	find	VERB
cjfa-28098	144	52	that	that	SCONJ
cjfa-28098	144	53	corporations	corporation	NOUN
cjfa-28098	144	54	those	those	PRON
cjfa-28098	144	55	are	be	AUX
cjfa-28098	144	56	protected	protect	VERB
cjfa-28098	144	57	by	by	ADP
cjfa-28098	144	58	several	several	ADJ
cjfa-28098	144	59	anti	anti	ADJ
cjfa-28098	144	60	takeover	takeover	NOUN
cjfa-28098	144	61	measures	measure	NOUN
cjfa-28098	144	62	are	be	AUX
cjfa-28098	144	63	found	find	VERB
cjfa-28098	144	64	to	to	PART
cjfa-28098	144	65	be	be	AUX
cjfa-28098	144	66	more	more	ADV
cjfa-28098	144	67	demanding	demanding	ADJ
cjfa-28098	144	68	for	for	ADP
cjfa-28098	144	69	takeover	takeover	NOUN
cjfa-28098	144	70	.	.	PUNCT
cjfa-28098	145	1	(	(	PUNCT
cjfa-28098	145	2	hartzell	hartzell	PROPN
cjfa-28098	145	3	,	,	PUNCT
cjfa-28098	145	4	ofek	ofek	NOUN
cjfa-28098	145	5	&	&	CCONJ
cjfa-28098	145	6	yermack	yermack	PROPN
cjfa-28098	145	7	,	,	PUNCT
cjfa-28098	145	8	2004	2004	NUM
cjfa-28098	145	9	)	)	PUNCT
cjfa-28098	145	10	exhibited	exhibit	VERB
cjfa-28098	145	11	that	that	SCONJ
cjfa-28098	145	12	,	,	PUNCT
cjfa-28098	145	13	in	in	ADP
cjfa-28098	145	14	general	general	ADJ
cjfa-28098	145	15	,	,	PUNCT
cjfa-28098	145	16	chief	chief	ADJ
cjfa-28098	145	17	executives	executive	NOUN
cjfa-28098	145	18	of	of	ADP
cjfa-28098	145	19	the	the	DET
cjfa-28098	145	20	acquired	acquire	VERB
cjfa-28098	145	21	firms	firm	NOUN
cjfa-28098	145	22	are	be	AUX
cjfa-28098	145	23	compensated	compensate	VERB
cjfa-28098	145	24	by	by	ADP
cjfa-28098	145	25	the	the	DET
cjfa-28098	145	26	same	same	ADJ
cjfa-28098	145	27	margin	margin	NOUN
cjfa-28098	145	28	as	as	SCONJ
cjfa-28098	145	29	they	they	PRON
cjfa-28098	145	30	would	would	AUX
cjfa-28098	145	31	have	have	AUX
cjfa-28098	145	32	received	receive	VERB
cjfa-28098	145	33	as	as	ADP
cjfa-28098	145	34	chief	chief	ADJ
cjfa-28098	145	35	executive	executive	NOUN
cjfa-28098	145	36	.	.	PUNCT
cjfa-28098	146	1	nevertheless	nevertheless	ADV
cjfa-28098	146	2	,	,	PUNCT
cjfa-28098	146	3	the	the	DET
cjfa-28098	146	4	researchers	researcher	NOUN
cjfa-28098	146	5	also	also	ADV
cjfa-28098	146	6	convey	convey	VERB
cjfa-28098	146	7	that	that	SCONJ
cjfa-28098	146	8	extraordinary	extraordinary	ADJ
cjfa-28098	146	9	compensation	compensation	NOUN
cjfa-28098	146	10	would	would	AUX
cjfa-28098	146	11	eventually	eventually	ADV
cjfa-28098	146	12	reduce	reduce	VERB
cjfa-28098	146	13	the	the	DET
cjfa-28098	146	14	threat	threat	NOUN
cjfa-28098	146	15	to	to	ADP
cjfa-28098	146	16	takeover	takeover	NOUN
cjfa-28098	146	17	while	while	SCONJ
cjfa-28098	146	18	reducing	reduce	VERB
cjfa-28098	146	19	fundamental	fundamental	ADJ
cjfa-28098	146	20	agency	agency	NOUN
cjfa-28098	146	21	problem	problem	NOUN
cjfa-28098	146	22	.	.	PUNCT
cjfa-28098	147	1	(	(	PUNCT
cjfa-28098	147	2	chen	chen	PROPN
cjfa-28098	147	3	firth	firth	PROPN
cjfa-28098	147	4	,	,	PUNCT
cjfa-28098	147	5	gao	gao	PROPN
cjfa-28098	147	6	&	&	CCONJ
cjfa-28098	147	7	rui	rui	PROPN
cjfa-28098	147	8	,	,	PUNCT
cjfa-28098	147	9	2006	2006	NUM
cjfa-28098	147	10	)	)	PUNCT
cjfa-28098	147	11	,	,	PUNCT
cjfa-28098	147	12	(	(	PUNCT
cjfa-28098	147	13	gaspar	gaspar	PROPN
cjfa-28098	147	14	,	,	PUNCT
cjfa-28098	147	15	massa	massa	PROPN
cjfa-28098	147	16	&	&	CCONJ
cjfa-28098	147	17	matos	matos	PROPN
cjfa-28098	147	18	,	,	PUNCT
cjfa-28098	147	19	2005	2005	NUM
cjfa-28098	147	20	)	)	PUNCT
cjfa-28098	147	21	and	and	CCONJ
cjfa-28098	147	22	(	(	PUNCT
cjfa-28098	147	23	qiu	qiu	PROPN
cjfa-28098	147	24	&	&	CCONJ
cjfa-28098	147	25	yao	yao	PROPN
cjfa-28098	147	26	,	,	PUNCT
cjfa-28098	147	27	2009	2009	NUM
cjfa-28098	147	28	)	)	PUNCT
cjfa-28098	147	29	gave	give	VERB
cjfa-28098	147	30	proof	proof	NOUN
cjfa-28098	147	31	that	that	SCONJ
cjfa-28098	147	32	large	large	ADJ
cjfa-28098	147	33	institutional	institutional	ADJ
cjfa-28098	147	34	owners	owner	NOUN
cjfa-28098	147	35	used	use	VERB
cjfa-28098	147	36	to	to	PART
cjfa-28098	147	37	observe	observe	VERB
cjfa-28098	147	38	the	the	DET
cjfa-28098	147	39	pre	pre	NOUN
cjfa-28098	147	40	and	and	CCONJ
cjfa-28098	147	41	post	post	VERB
cjfa-28098	147	42	acquisition	acquisition	NOUN
cjfa-28098	147	43	actions	action	NOUN
cjfa-28098	147	44	seriously	seriously	ADV
cjfa-28098	147	45	.	.	PUNCT
cjfa-28098	148	1	in	in	ADP
cjfa-28098	148	2	common	common	ADJ
cjfa-28098	148	3	,	,	PUNCT
cjfa-28098	148	4	these	these	DET
cjfa-28098	148	5	studies	study	NOUN
cjfa-28098	148	6	uncover	uncover	VERB
cjfa-28098	148	7	that	that	SCONJ
cjfa-28098	148	8	particular	particular	ADJ
cjfa-28098	148	9	category	category	NOUN
cjfa-28098	148	10	of	of	ADP
cjfa-28098	148	11	institutional	institutional	ADJ
cjfa-28098	148	12	shareholder	shareholder	NOUN
cjfa-28098	148	13	are	be	AUX
cjfa-28098	148	14	linked	link	VERB
cjfa-28098	148	15	with	with	ADP
cjfa-28098	148	16	superior	superior	ADJ
cjfa-28098	148	17	takeover	takeover	NOUN
cjfa-28098	148	18	or	or	CCONJ
cjfa-28098	148	19	the	the	DET
cjfa-28098	148	20	pulling	pull	VERB
cjfa-28098	148	21	out	out	ADP
cjfa-28098	148	22	of	of	ADP
cjfa-28098	148	23	poor	poor	ADJ
cjfa-28098	148	24	acquisition	acquisition	NOUN
cjfa-28098	148	25	.	.	PUNCT
cjfa-28098	149	1	constant	constant	ADJ
cjfa-28098	149	2	with	with	ADP
cjfa-28098	149	3	the	the	DET
cjfa-28098	149	4	perception	perception	NOUN
cjfa-28098	149	5	that	that	SCONJ
cjfa-28098	149	6	acquisition	acquisition	NOUN
cjfa-28098	149	7	is	be	AUX
cjfa-28098	149	8	the	the	DET
cjfa-28098	149	9	tools	tool	NOUN
cjfa-28098	149	10	for	for	ADP
cjfa-28098	149	11	managerial	managerial	ADJ
cjfa-28098	149	12	control	control	NOUN
cjfa-28098	149	13	,	,	PUNCT
cjfa-28098	149	14	(	(	PUNCT
cjfa-28098	149	15	martin	martin	PROPN
cjfa-28098	149	16	&	&	CCONJ
cjfa-28098	149	17	mcconnell	mcconnell	PROPN
cjfa-28098	149	18	,	,	PUNCT
cjfa-28098	149	19	1991	1991	NUM
cjfa-28098	149	20	)	)	PUNCT
cjfa-28098	149	21	exhibited	exhibit	VERB
cjfa-28098	149	22	facts	fact	NOUN
cjfa-28098	149	23	that	that	SCONJ
cjfa-28098	149	24	successful	successful	ADJ
cjfa-28098	149	25	acquisition	acquisition	NOUN
cjfa-28098	149	26	resulted	result	VERB
cjfa-28098	149	27	in	in	ADP
cjfa-28098	149	28	high	high	ADJ
cjfa-28098	149	29	executive	executive	ADJ
cjfa-28098	149	30	turnover	turnover	NOUN
cjfa-28098	149	31	,	,	PUNCT
cjfa-28098	149	32	the	the	DET
cjfa-28098	149	33	turnover	turnover	NOUN
cjfa-28098	149	34	rate	rate	NOUN
cjfa-28098	149	35	is	be	AUX
cjfa-28098	149	36	even	even	ADV
cjfa-28098	149	37	higher	high	ADJ
cjfa-28098	149	38	in	in	ADP
cjfa-28098	149	39	case	case	NOUN
cjfa-28098	149	40	of	of	ADP
cjfa-28098	149	41	the	the	DET
cjfa-28098	149	42	less	less	ADV
cjfa-28098	149	43	performed	perform	VERB
cjfa-28098	149	44	firms	firm	NOUN
cjfa-28098	149	45	within	within	ADP
cjfa-28098	149	46	the	the	DET
cjfa-28098	149	47	industry	industry	NOUN
cjfa-28098	149	48	.	.	PUNCT
cjfa-28098	150	1	(	(	PUNCT
cjfa-28098	150	2	shivdasani	shivdasani	NOUN
cjfa-28098	150	3	,	,	PUNCT
cjfa-28098	150	4	1993	1993	NUM
cjfa-28098	150	5	)	)	PUNCT
cjfa-28098	150	6	convey	convey	VERB
cjfa-28098	150	7	findings	finding	NOUN
cjfa-28098	150	8	similar	similar	ADJ
cjfa-28098	150	9	to	to	ADP
cjfa-28098	150	10	the	the	DET
cjfa-28098	150	11	standpoint	standpoint	NOUN
cjfa-28098	150	12	that	that	SCONJ
cjfa-28098	150	13	aggressive	aggressive	ADJ
cjfa-28098	150	14	acquisition	acquisition	NOUN
cjfa-28098	150	15	results	result	VERB
cjfa-28098	150	16	managerial	managerial	ADJ
cjfa-28098	150	17	order	order	NOUN
cjfa-28098	150	18	while	while	SCONJ
cjfa-28098	150	19	inner	inner	ADJ
cjfa-28098	150	20	governance	governance	NOUN
cjfa-28098	150	21	system	system	NOUN
cjfa-28098	150	22	such	such	ADJ
cjfa-28098	150	23	as	as	ADP
cjfa-28098	150	24	the	the	DET
cjfa-28098	150	25	bod	bod	NOUN
cjfa-28098	150	26	being	be	AUX
cjfa-28098	150	27	unsuccessful	unsuccessful	ADJ
cjfa-28098	150	28	to	to	PART
cjfa-28098	150	29	manage	manage	VERB
cjfa-28098	150	30	agency	agency	NOUN
cjfa-28098	150	31	problem	problem	NOUN
cjfa-28098	150	32	.	.	PUNCT
cjfa-28098	151	1	moreover	moreover	ADV
cjfa-28098	151	2	,	,	PUNCT
cjfa-28098	151	3	(	(	PUNCT
cjfa-28098	151	4	mikkelson	mikkelson	PROPN
cjfa-28098	151	5	&	&	CCONJ
cjfa-28098	151	6	partch	partch	PROPN
cjfa-28098	151	7	,	,	PUNCT
cjfa-28098	151	8	1997	1997	NUM
cjfa-28098	151	9	)	)	PUNCT
cjfa-28098	151	10	showed	show	VERB
cjfa-28098	151	11	that	that	SCONJ
cjfa-28098	151	12	the	the	DET
cjfa-28098	151	13	reduction	reduction	NOUN
cjfa-28098	151	14	in	in	ADP
cjfa-28098	151	15	hostile	hostile	ADJ
cjfa-28098	151	16	takeover	takeover	NOUN
cjfa-28098	151	17	events	event	NOUN
cjfa-28098	151	18	in	in	ADP
cjfa-28098	151	19	the	the	DET
cjfa-28098	151	20	usa	usa	PROPN
cjfa-28098	151	21	in	in	ADP
cjfa-28098	151	22	late	late	ADJ
cjfa-28098	151	23	80	80	NUM
cjfa-28098	151	24	’s	’s	NOUN
cjfa-28098	151	25	to	to	ADP
cjfa-28098	151	26	early	early	ADJ
cjfa-28098	151	27	90	90	NUM
cjfa-28098	151	28	’s	’s	PART
cjfa-28098	151	29	was	be	AUX
cjfa-28098	151	30	primarily	primarily	ADV
cjfa-28098	151	31	motivated	motivate	VERB
cjfa-28098	151	32	by	by	ADP
cjfa-28098	151	33	a	a	DET
cjfa-28098	151	34	decline	decline	NOUN
cjfa-28098	151	35	in	in	ADP
cjfa-28098	151	36	disciplinary	disciplinary	ADJ
cjfa-28098	151	37	force	force	NOUN
cjfa-28098	151	38	on	on	ADP
cjfa-28098	151	39	executive	executive	NOUN
cjfa-28098	151	40	.	.	PUNCT
cjfa-28098	152	1	researchers	researcher	NOUN
cjfa-28098	152	2	explain	explain	VERB
cjfa-28098	152	3	that	that	SCONJ
cjfa-28098	152	4	the	the	DET
cjfa-28098	152	5	association	association	NOUN
cjfa-28098	152	6	involving	involve	VERB
cjfa-28098	152	7	turnover	turnover	NOUN
cjfa-28098	152	8	rate	rate	NOUN
cjfa-28098	152	9	of	of	ADP
cjfa-28098	152	10	managers	manager	NOUN
cjfa-28098	152	11	and	and	CCONJ
cjfa-28098	152	12	managerial	managerial	ADJ
cjfa-28098	152	13	accomplishment	accomplishment	NOUN
cjfa-28098	152	14	is	be	AUX
cjfa-28098	152	15	noteworthy	noteworthy	ADJ
cjfa-28098	152	16	only	only	ADV
cjfa-28098	152	17	in	in	ADP
cjfa-28098	152	18	active	active	ADJ
cjfa-28098	152	19	takeover	takeover	NOUN
cjfa-28098	152	20	environment	environment	NOUN
cjfa-28098	152	21	.	.	PUNCT
cjfa-28098	153	1	(	(	PUNCT
cjfa-28098	153	2	kennedy	kennedy	PROPN
cjfa-28098	153	3	&	&	CCONJ
cjfa-28098	153	4	limmack	limmack	PROPN
cjfa-28098	153	5	,	,	PUNCT
cjfa-28098	153	6	1996	1996	NUM
cjfa-28098	153	7	)	)	PUNCT
cjfa-28098	153	8	examine	examine	VERB
cjfa-28098	153	9	the	the	DET
cjfa-28098	153	10	achievement	achievement	NOUN
cjfa-28098	153	11	of	of	ADP
cjfa-28098	153	12	targeted	target	VERB
cjfa-28098	153	13	firms	firm	NOUN
cjfa-28098	153	14	in	in	ADP
cjfa-28098	153	15	the	the	DET
cjfa-28098	153	16	pre	pre	ADJ
cjfa-28098	153	17	-	-	ADJ
cjfa-28098	153	18	acquisition	acquisition	NOUN
cjfa-28098	153	19	phase	phase	NOUN
cjfa-28098	153	20	and	and	CCONJ
cjfa-28098	153	21	its	its	PRON
cjfa-28098	153	22	association	association	NOUN
cjfa-28098	153	23	with	with	ADP
cjfa-28098	153	24	following	follow	VERB
cjfa-28098	153	25	managers	manager	NOUN
cjfa-28098	153	26	’	’	PART
cjfa-28098	153	27	turnover	turnover	NOUN
cjfa-28098	153	28	rate	rate	NOUN
cjfa-28098	153	29	and	and	CCONJ
cjfa-28098	153	30	found	find	VERB
cjfa-28098	153	31	positive	positive	ADJ
cjfa-28098	153	32	association	association	NOUN
cjfa-28098	153	33	between	between	ADP
cjfa-28098	153	34	two	two	NUM
cjfa-28098	153	35	variables	variable	NOUN
cjfa-28098	153	36	.	.	PUNCT
cjfa-28098	154	1	they	they	PRON
cjfa-28098	154	2	also	also	ADV
cjfa-28098	154	3	showed	show	VERB
cjfa-28098	154	4	those	those	DET
cjfa-28098	154	5	corporations	corporation	NOUN
cjfa-28098	154	6	that	that	PRON
cjfa-28098	154	7	change	change	VERB
cjfa-28098	154	8	chief	chief	ADJ
cjfa-28098	154	9	executive	executive	NOUN
cjfa-28098	154	10	following	follow	VERB
cjfa-28098	154	11	hostile	hostile	ADJ
cjfa-28098	154	12	takeovers	takeover	NOUN
cjfa-28098	154	13	face	face	VERB
cjfa-28098	154	14	inferior	inferior	ADJ
cjfa-28098	154	15	returns	return	NOUN
cjfa-28098	154	16	prior	prior	ADV
cjfa-28098	154	17	to	to	ADP
cjfa-28098	154	18	acquisition	acquisition	NOUN
cjfa-28098	154	19	than	than	ADP
cjfa-28098	154	20	those	those	PRON
cjfa-28098	154	21	of	of	ADP
cjfa-28098	154	22	other	other	ADJ
cjfa-28098	154	23	targeted	target	VERB
cjfa-28098	154	24	firms	firm	NOUN
cjfa-28098	154	25	.	.	PUNCT
cjfa-28098	155	1	in	in	ADP
cjfa-28098	155	2	opposite	opposite	ADJ
cjfa-28098	155	3	,	,	PUNCT
cjfa-28098	155	4	(	(	PUNCT
cjfa-28098	155	5	franks	frank	NOUN
cjfa-28098	155	6	&	&	CCONJ
cjfa-28098	155	7	mayer	mayer	PROPN
cjfa-28098	155	8	,	,	PUNCT
cjfa-28098	155	9	1996	1996	NUM
cjfa-28098	155	10	)	)	PUNCT
cjfa-28098	155	11	refuse	refuse	VERB
cjfa-28098	155	12	the	the	DET
cjfa-28098	155	13	theory	theory	NOUN
cjfa-28098	155	14	that	that	SCONJ
cjfa-28098	155	15	there	there	PRON
cjfa-28098	155	16	is	be	VERB
cjfa-28098	155	17	positive	positive	ADJ
cjfa-28098	155	18	association	association	NOUN
cjfa-28098	155	19	between	between	ADP
cjfa-28098	155	20	unfriendly	unfriendly	ADJ
cjfa-28098	155	21	acquisitions	acquisition	NOUN
cjfa-28098	155	22	and	and	CCONJ
cjfa-28098	155	23	managerial	managerial	ADJ
cjfa-28098	155	24	disciplinary	disciplinary	ADJ
cjfa-28098	155	25	performance	performance	NOUN
cjfa-28098	155	26	.	.	PUNCT
cjfa-28098	156	1	conversely	conversely	ADV
cjfa-28098	156	2	,	,	PUNCT
cjfa-28098	156	3	the	the	DET
cjfa-28098	156	4	hostile	hostile	ADJ
cjfa-28098	156	5	acquisition	acquisition	NOUN
cjfa-28098	156	6	and	and	CCONJ
cjfa-28098	156	7	takeover	takeover	NOUN
cjfa-28098	156	8	procedure	procedure	NOUN
cjfa-28098	156	9	is	be	AUX
cjfa-28098	156	10	consists	consist	NOUN
cjfa-28098	156	11	of	of	ADP
cjfa-28098	156	12	lots	lot	NOUN
cjfa-28098	156	13	of	of	ADP
cjfa-28098	156	14	drawbacks	drawback	NOUN
cjfa-28098	156	15	.	.	PUNCT
cjfa-28098	157	1	(	(	PUNCT
cjfa-28098	157	2	grossman	grossman	PROPN
cjfa-28098	157	3	&	&	CCONJ
cjfa-28098	157	4	hart	hart	PROPN
cjfa-28098	157	5	,	,	PUNCT
cjfa-28098	157	6	1980	1980	NUM
cjfa-28098	157	7	)	)	PUNCT
cjfa-28098	157	8	find	find	VERB
cjfa-28098	157	9	out	out	ADP
cjfa-28098	157	10	that	that	SCONJ
cjfa-28098	157	11	hostile	hostile	ADJ
cjfa-28098	157	12	acquisition	acquisition	NOUN
cjfa-28098	157	13	is	be	AUX
cjfa-28098	157	14	associated	associate	VERB
cjfa-28098	157	15	with	with	ADP
cjfa-28098	157	16	other	other	ADJ
cjfa-28098	157	17	significant	significant	ADJ
cjfa-28098	157	18	cost	cost	NOUN
cjfa-28098	157	19	to	to	PART
cjfa-28098	157	20	convince	convince	VERB
cjfa-28098	157	21	unwilling	unwilling	ADJ
cjfa-28098	157	22	shareholders	shareholder	NOUN
cjfa-28098	157	23	,	,	PUNCT
cjfa-28098	157	24	investigation	investigation	NOUN
cjfa-28098	157	25	costs	cost	NOUN
cjfa-28098	157	26	and	and	CCONJ
cjfa-28098	157	27	other	other	ADJ
cjfa-28098	157	28	operational	operational	ADJ
cjfa-28098	157	29	costs	cost	NOUN
cjfa-28098	157	30	(	(	PUNCT
cjfa-28098	157	31	williamson	williamson	PROPN
cjfa-28098	157	32	,	,	PUNCT
cjfa-28098	157	33	1970	1970	NUM
cjfa-28098	157	34	)	)	PUNCT
cjfa-28098	157	35	that	that	PRON
cjfa-28098	157	36	eventually	eventually	ADV
cjfa-28098	157	37	prove	prove	VERB
cjfa-28098	157	38	takeovers	takeover	NOUN
cjfa-28098	157	39	as	as	ADP
cjfa-28098	157	40	a	a	DET
cjfa-28098	157	41	very	very	ADV
cjfa-28098	157	42	costly	costly	ADJ
cjfa-28098	157	43	platform	platform	NOUN
cjfa-28098	157	44	.	.	PUNCT
cjfa-28098	158	1	hence	hence	ADV
cjfa-28098	158	2	,	,	PUNCT
cjfa-28098	158	3	considering	consider	VERB
cjfa-28098	158	4	the	the	DET
cjfa-28098	158	5	large	large	ADJ
cjfa-28098	158	6	cost	cost	NOUN
cjfa-28098	158	7	involved	involve	VERB
cjfa-28098	158	8	managers	manager	NOUN
cjfa-28098	158	9	are	be	AUX
cjfa-28098	158	10	flexible	flexible	ADJ
cjfa-28098	158	11	to	to	PART
cjfa-28098	158	12	depart	depart	VERB
cjfa-28098	158	13	from	from	ADP
cjfa-28098	158	14	the	the	DET
cjfa-28098	158	15	most	most	ADV
cjfa-28098	158	16	favorable	favorable	ADJ
cjfa-28098	158	17	outcomes	outcome	NOUN
cjfa-28098	158	18	as	as	ADV
cjfa-28098	158	19	long	long	ADV
cjfa-28098	158	20	as	as	SCONJ
cjfa-28098	158	21	the	the	DET
cjfa-28098	158	22	firms	firm	NOUN
cjfa-28098	158	23	’	'	PUNCT
cjfa-28098	158	24	value	value	NOUN
cjfa-28098	158	25	do	do	AUX
cjfa-28098	158	26	n’t	not	PART
cjfa-28098	158	27	fall	fall	VERB
cjfa-28098	158	28	beyond	beyond	ADP
cjfa-28098	158	29	atm	atm	PROPN
cjfa-28098	158	30	adnan	adnan	PROPN
cjfa-28098	158	31	,	,	PUNCT
cjfa-28098	158	32	nisar	nisar	PROPN
cjfa-28098	158	33	ahmed18	ahmed18	VERB
cjfa-28098	158	34	the	the	DET
cjfa-28098	158	35	cost	cost	NOUN
cjfa-28098	158	36	of	of	ADP
cjfa-28098	158	37	the	the	DET
cjfa-28098	158	38	acquisition	acquisition	NOUN
cjfa-28098	158	39	.	.	PUNCT
cjfa-28098	159	1	in	in	ADP
cjfa-28098	159	2	addition	addition	NOUN
cjfa-28098	159	3	to	to	ADP
cjfa-28098	159	4	that	that	PRON
cjfa-28098	159	5	,	,	PUNCT
cjfa-28098	159	6	the	the	DET
cjfa-28098	159	7	implementation	implementation	NOUN
cjfa-28098	159	8	of	of	ADP
cjfa-28098	159	9	self	self	NOUN
cjfa-28098	159	10	-	-	PUNCT
cjfa-28098	159	11	protective	protective	ADJ
cjfa-28098	159	12	measures	measure	NOUN
cjfa-28098	159	13	such	such	ADJ
cjfa-28098	159	14	as	as	ADP
cjfa-28098	159	15	anti	anti	ADJ
cjfa-28098	159	16	-	-	ADJ
cjfa-28098	159	17	takeover	takeover	ADJ
cjfa-28098	159	18	law	law	NOUN
cjfa-28098	159	19	has	have	AUX
cjfa-28098	159	20	additionally	additionally	ADV
cjfa-28098	159	21	amplified	amplify	VERB
cjfa-28098	159	22	the	the	DET
cjfa-28098	159	23	expenditure	expenditure	NOUN
cjfa-28098	159	24	and	and	CCONJ
cjfa-28098	159	25	risk	risk	NOUN
cjfa-28098	159	26	of	of	ADP
cjfa-28098	159	27	hostile	hostile	ADJ
cjfa-28098	159	28	acquisitions	acquisition	NOUN
cjfa-28098	159	29	and	and	CCONJ
cjfa-28098	159	30	takeovers	takeover	NOUN
cjfa-28098	159	31	.	.	PUNCT
cjfa-28098	160	1	market	market	NOUN
cjfa-28098	160	2	for	for	ADP
cjfa-28098	160	3	product	product	NOUN
cjfa-28098	160	4	and	and	CCONJ
cjfa-28098	160	5	service	service	NOUN
cjfa-28098	160	6	quite	quite	DET
cjfa-28098	160	7	a	a	DET
cjfa-28098	160	8	few	few	ADJ
cjfa-28098	160	9	significant	significant	ADJ
cjfa-28098	160	10	studies	study	NOUN
cjfa-28098	160	11	concentrated	concentrate	VERB
cjfa-28098	160	12	on	on	ADP
cjfa-28098	160	13	product	product	NOUN
cjfa-28098	160	14	market	market	NOUN
cjfa-28098	160	15	rivalry	rivalry	NOUN
cjfa-28098	160	16	and	and	CCONJ
cjfa-28098	160	17	its	its	PRON
cjfa-28098	160	18	association	association	NOUN
cjfa-28098	160	19	with	with	ADP
cjfa-28098	160	20	diverse	diverse	ADJ
cjfa-28098	160	21	feature	feature	NOUN
cjfa-28098	160	22	of	of	ADP
cjfa-28098	160	23	cg	cg	NOUN
cjfa-28098	160	24	,	,	PUNCT
cjfa-28098	160	25	containing	contain	VERB
cjfa-28098	160	26	payment	payment	NOUN
cjfa-28098	160	27	structure	structure	NOUN
cjfa-28098	160	28	and	and	CCONJ
cjfa-28098	160	29	executive	executive	ADJ
cjfa-28098	160	30	turnover	turnover	NOUN
cjfa-28098	160	31	.	.	PUNCT
cjfa-28098	161	1	prior	prior	ADJ
cjfa-28098	161	2	studies	study	NOUN
cjfa-28098	161	3	such	such	ADJ
cjfa-28098	161	4	as	as	ADP
cjfa-28098	161	5	(	(	PUNCT
cjfa-28098	161	6	aggarwal	aggarwal	PROPN
cjfa-28098	161	7	&	&	CCONJ
cjfa-28098	161	8	samwick	samwick	PROPN
cjfa-28098	161	9	,	,	PUNCT
cjfa-28098	161	10	1999	1999	NUM
cjfa-28098	161	11	)	)	PUNCT
cjfa-28098	161	12	,	,	PUNCT
cjfa-28098	161	13	(	(	PUNCT
cjfa-28098	161	14	hermalin	hermalin	NOUN
cjfa-28098	161	15	,	,	PUNCT
cjfa-28098	161	16	1992	1992	NUM
cjfa-28098	161	17	)	)	PUNCT
cjfa-28098	161	18	,	,	PUNCT
cjfa-28098	161	19	(	(	PUNCT
cjfa-28098	161	20	kedia	kedia	PROPN
cjfa-28098	161	21	&	&	CCONJ
cjfa-28098	161	22	mukherji	mukherji	PROPN
cjfa-28098	161	23	,	,	PUNCT
cjfa-28098	161	24	1999	1999	NUM
cjfa-28098	161	25	)	)	PUNCT
cjfa-28098	161	26	and	and	CCONJ
cjfa-28098	161	27	presented	present	VERB
cjfa-28098	161	28	theoretical	theoretical	ADJ
cjfa-28098	161	29	point	point	NOUN
cjfa-28098	161	30	of	of	ADP
cjfa-28098	161	31	view	view	NOUN
cjfa-28098	161	32	on	on	ADP
cjfa-28098	161	33	the	the	DET
cjfa-28098	161	34	relationship	relationship	NOUN
cjfa-28098	161	35	involving	involve	VERB
cjfa-28098	161	36	product	product	NOUN
cjfa-28098	161	37	market	market	NOUN
cjfa-28098	161	38	rivalry	rivalry	NOUN
cjfa-28098	161	39	and	and	CCONJ
cjfa-28098	161	40	executive	executive	ADJ
cjfa-28098	161	41	inducement	inducement	NOUN
cjfa-28098	161	42	came	come	VERB
cjfa-28098	161	43	up	up	ADP
cjfa-28098	161	44	with	with	ADP
cjfa-28098	161	45	unclear	unclear	ADJ
cjfa-28098	161	46	resolution	resolution	NOUN
cjfa-28098	161	47	.	.	PUNCT
cjfa-28098	162	1	a	a	DET
cjfa-28098	162	2	contemporary	contemporary	ADJ
cjfa-28098	162	3	study	study	NOUN
cjfa-28098	162	4	conducted	conduct	VERB
cjfa-28098	162	5	by	by	ADP
cjfa-28098	162	6	(	(	PUNCT
cjfa-28098	162	7	baggs	baggs	PROPN
cjfa-28098	162	8	&	&	CCONJ
cjfa-28098	162	9	de	de	X
cjfa-28098	162	10	bettignies	bettignies	PROPN
cjfa-28098	162	11	,	,	PUNCT
cjfa-28098	162	12	2007	2007	NUM
cjfa-28098	162	13	)	)	PUNCT
cjfa-28098	162	14	,	,	PUNCT
cjfa-28098	162	15	however	however	ADV
cjfa-28098	162	16	,	,	PUNCT
cjfa-28098	162	17	found	find	VERB
cjfa-28098	162	18	that	that	SCONJ
cjfa-28098	162	19	competition	competition	NOUN
cjfa-28098	162	20	in	in	ADP
cjfa-28098	162	21	the	the	DET
cjfa-28098	162	22	market	market	NOUN
cjfa-28098	162	23	for	for	ADP
cjfa-28098	162	24	goods	good	NOUN
cjfa-28098	162	25	precisely	precisely	ADV
cjfa-28098	162	26	and	and	CCONJ
cjfa-28098	162	27	clearly	clearly	ADV
cjfa-28098	162	28	reduces	reduce	VERB
cjfa-28098	162	29	the	the	DET
cjfa-28098	162	30	investor	investor	NOUN
cjfa-28098	162	31	’s	’s	PART
cjfa-28098	162	32	marginal	marginal	ADJ
cjfa-28098	162	33	charge	charge	NOUN
cjfa-28098	162	34	of	of	ADP
cjfa-28098	162	35	persuading	persuade	VERB
cjfa-28098	162	36	managerial	managerial	ADJ
cjfa-28098	162	37	achievement	achievement	NOUN
cjfa-28098	162	38	.	.	PUNCT
cjfa-28098	163	1	a	a	DET
cjfa-28098	163	2	number	number	NOUN
cjfa-28098	163	3	of	of	ADP
cjfa-28098	163	4	studies	study	NOUN
cjfa-28098	163	5	comprising	comprise	VERB
cjfa-28098	163	6	(	(	PUNCT
cjfa-28098	163	7	aggarwal	aggarwal	PROPN
cjfa-28098	163	8	&	&	CCONJ
cjfa-28098	163	9	samwick	samwick	PROPN
cjfa-28098	163	10	,	,	PUNCT
cjfa-28098	163	11	1999	1999	NUM
cjfa-28098	163	12	)	)	PUNCT
cjfa-28098	163	13	,	,	PUNCT
cjfa-28098	163	14	(	(	PUNCT
cjfa-28098	163	15	de	de	X
cjfa-28098	163	16	bettignies	bettignie	NOUN
cjfa-28098	163	17	,	,	PUNCT
cjfa-28098	163	18	2006	2006	NUM
cjfa-28098	163	19	)	)	PUNCT
cjfa-28098	163	20	,	,	PUNCT
cjfa-28098	163	21	(	(	PUNCT
cjfa-28098	163	22	defond	defond	NOUN
cjfa-28098	163	23	&	&	CCONJ
cjfa-28098	163	24	park	park	PROPN
cjfa-28098	163	25	,	,	PUNCT
cjfa-28098	163	26	1999	1999	NUM
cjfa-28098	163	27	)	)	PUNCT
cjfa-28098	163	28	and	and	CCONJ
cjfa-28098	163	29	(	(	PUNCT
cjfa-28098	163	30	karuna	karuna	PROPN
cjfa-28098	163	31	,	,	PUNCT
cjfa-28098	163	32	2008	2008	NUM
cjfa-28098	163	33	)	)	PUNCT
cjfa-28098	163	34	showed	show	VERB
cjfa-28098	163	35	practical	practical	ADJ
cjfa-28098	163	36	facts	fact	NOUN
cjfa-28098	163	37	regarding	regard	VERB
cjfa-28098	163	38	these	these	DET
cjfa-28098	163	39	associations	association	NOUN
cjfa-28098	163	40	.	.	PUNCT
cjfa-28098	164	1	these	these	DET
cjfa-28098	164	2	papers	paper	NOUN
cjfa-28098	164	3	exhibited	exhibit	VERB
cjfa-28098	164	4	that	that	SCONJ
cjfa-28098	164	5	rising	rise	VERB
cjfa-28098	164	6	rivalry	rivalry	NOUN
cjfa-28098	164	7	is	be	AUX
cjfa-28098	164	8	related	relate	VERB
cjfa-28098	164	9	with	with	ADP
cjfa-28098	164	10	the	the	DET
cjfa-28098	164	11	powerful	powerful	ADJ
cjfa-28098	164	12	contractual	contractual	ADJ
cjfa-28098	164	13	reward	reward	NOUN
cjfa-28098	164	14	policy	policy	NOUN
cjfa-28098	164	15	for	for	ADP
cjfa-28098	164	16	executives	executive	NOUN
cjfa-28098	164	17	.	.	PUNCT
cjfa-28098	165	1	conversely	conversely	ADV
cjfa-28098	165	2	(	(	PUNCT
cjfa-28098	165	3	shleifer	shleifer	PROPN
cjfa-28098	165	4	&	&	CCONJ
cjfa-28098	165	5	vishny	vishny	PROPN
cjfa-28098	165	6	,	,	PUNCT
cjfa-28098	165	7	1997	1997	NUM
cjfa-28098	165	8	)	)	PUNCT
cjfa-28098	165	9	argued	argue	VERB
cjfa-28098	165	10	that	that	SCONJ
cjfa-28098	165	11	competition	competition	NOUN
cjfa-28098	165	12	in	in	ADP
cjfa-28098	165	13	market	market	NOUN
cjfa-28098	165	14	for	for	ADP
cjfa-28098	165	15	goods	good	NOUN
cjfa-28098	165	16	might	might	AUX
cjfa-28098	165	17	be	be	AUX
cjfa-28098	165	18	considered	consider	VERB
cjfa-28098	165	19	as	as	ADP
cjfa-28098	165	20	one	one	NUM
cjfa-28098	165	21	of	of	ADP
cjfa-28098	165	22	the	the	DET
cjfa-28098	165	23	influential	influential	ADJ
cjfa-28098	165	24	factors	factor	NOUN
cjfa-28098	165	25	regarding	regard	VERB
cjfa-28098	165	26	economic	economic	ADJ
cjfa-28098	165	27	proficiency	proficiency	NOUN
cjfa-28098	165	28	but	but	CCONJ
cjfa-28098	165	29	singularly	singularly	ADV
cjfa-28098	165	30	it	it	PRON
cjfa-28098	165	31	can	can	AUX
cjfa-28098	165	32	not	not	PART
cjfa-28098	165	33	resolve	resolve	VERB
cjfa-28098	165	34	the	the	DET
cjfa-28098	165	35	cg	cg	NOUN
cjfa-28098	165	36	problem	problem	NOUN
cjfa-28098	165	37	.	.	PUNCT
cjfa-28098	166	1	compared	compare	VERB
cjfa-28098	166	2	to	to	ADP
cjfa-28098	166	3	product	product	NOUN
cjfa-28098	166	4	market	market	NOUN
cjfa-28098	166	5	competition	competition	NOUN
cjfa-28098	166	6	fewer	few	ADJ
cjfa-28098	166	7	researches	research	NOUN
cjfa-28098	166	8	have	have	AUX
cjfa-28098	166	9	been	be	AUX
cjfa-28098	166	10	conducted	conduct	VERB
cjfa-28098	166	11	to	to	PART
cjfa-28098	166	12	find	find	VERB
cjfa-28098	166	13	the	the	DET
cjfa-28098	166	14	relationship	relationship	NOUN
cjfa-28098	166	15	between	between	ADP
cjfa-28098	166	16	service	service	NOUN
cjfa-28098	166	17	market	market	NOUN
cjfa-28098	166	18	and	and	CCONJ
cjfa-28098	166	19	mechanism	mechanism	NOUN
cjfa-28098	166	20	.	.	PUNCT
cjfa-28098	167	1	contemporary	contemporary	ADJ
cjfa-28098	167	2	studies	study	NOUN
cjfa-28098	167	3	specially	specially	ADV
cjfa-28098	167	4	concentrated	concentrate	VERB
cjfa-28098	167	5	on	on	ADP
cjfa-28098	167	6	the	the	DET
cjfa-28098	167	7	association	association	NOUN
cjfa-28098	167	8	involving	involve	VERB
cjfa-28098	167	9	corporations	corporation	NOUN
cjfa-28098	167	10	and	and	CCONJ
cjfa-28098	167	11	their	their	PRON
cjfa-28098	167	12	outside	outside	ADJ
cjfa-28098	167	13	auditor	auditor	NOUN
cjfa-28098	167	14	.	.	PUNCT
cjfa-28098	168	1	in	in	ADP
cjfa-28098	168	2	precise	precise	ADJ
cjfa-28098	168	3	,	,	PUNCT
cjfa-28098	168	4	these	these	DET
cjfa-28098	168	5	studies	study	NOUN
cjfa-28098	168	6	tries	try	VERB
cjfa-28098	168	7	to	to	PART
cjfa-28098	168	8	identify	identify	VERB
cjfa-28098	168	9	whether	whether	SCONJ
cjfa-28098	168	10	the	the	DET
cjfa-28098	168	11	payment	payment	NOUN
cjfa-28098	168	12	for	for	ADP
cjfa-28098	168	13	the	the	DET
cjfa-28098	168	14	non	non	ADJ
cjfa-28098	168	15	-	-	ADJ
cjfa-28098	168	16	audit	audit	ADJ
cjfa-28098	168	17	services	service	NOUN
cjfa-28098	168	18	from	from	ADP
cjfa-28098	168	19	this	this	DET
cjfa-28098	168	20	audit	audit	NOUN
cjfa-28098	168	21	firms	firm	NOUN
cjfa-28098	168	22	compromise	compromise	VERB
cjfa-28098	168	23	the	the	DET
cjfa-28098	168	24	audit	audit	NOUN
cjfa-28098	168	25	quality	quality	NOUN
cjfa-28098	168	26	the	the	DET
cjfa-28098	168	27	corporations	corporation	NOUN
cjfa-28098	168	28	because	because	SCONJ
cjfa-28098	168	29	there	there	PRON
cjfa-28098	168	30	exist	exist	VERB
cjfa-28098	168	31	a	a	DET
cjfa-28098	168	32	conflict	conflict	NOUN
cjfa-28098	168	33	of	of	ADP
cjfa-28098	168	34	interest	interest	NOUN
cjfa-28098	168	35	as	as	SCONJ
cjfa-28098	168	36	exhibited	exhibit	VERB
cjfa-28098	168	37	earlier	early	ADV
cjfa-28098	168	38	in	in	ADP
cjfa-28098	168	39	case	case	NOUN
cjfa-28098	168	40	of	of	ADP
cjfa-28098	168	41	arthur	arthur	PROPN
cjfa-28098	168	42	andersen	andersen	PROPN
cjfa-28098	168	43	and	and	CCONJ
cjfa-28098	168	44	enron	enron	PROPN
cjfa-28098	168	45	.	.	PUNCT
cjfa-28098	169	1	exploring	explore	VERB
cjfa-28098	169	2	this	this	DET
cjfa-28098	169	3	issue	issue	NOUN
cjfa-28098	169	4	,	,	PUNCT
cjfa-28098	169	5	(	(	PUNCT
cjfa-28098	169	6	frankel	frankel	PROPN
cjfa-28098	169	7	johnson	johnson	PROPN
cjfa-28098	169	8	&	&	CCONJ
cjfa-28098	169	9	nelson	nelson	PROPN
cjfa-28098	169	10	,	,	PUNCT
cjfa-28098	169	11	2002	2002	NUM
cjfa-28098	169	12	)	)	PUNCT
cjfa-28098	169	13	exhibited	exhibit	VERB
cjfa-28098	169	14	that	that	SCONJ
cjfa-28098	169	15	compensation	compensation	NOUN
cjfa-28098	169	16	for	for	ADP
cjfa-28098	169	17	non	non	ADJ
cjfa-28098	169	18	-	-	ADJ
cjfa-28098	169	19	audit	audit	ADJ
cjfa-28098	169	20	services	service	NOUN
cjfa-28098	169	21	can	can	AUX
cjfa-28098	169	22	hamper	hamper	VERB
cjfa-28098	169	23	the	the	DET
cjfa-28098	169	24	auditor	auditor	NOUN
cjfa-28098	169	25	’s	’s	PART
cjfa-28098	169	26	freedom	freedom	NOUN
cjfa-28098	169	27	.	.	PUNCT
cjfa-28098	170	1	specially	specially	ADV
cjfa-28098	170	2	,	,	PUNCT
cjfa-28098	170	3	the	the	DET
cjfa-28098	170	4	researcher	researcher	NOUN
cjfa-28098	170	5	showed	show	VERB
cjfa-28098	170	6	that	that	SCONJ
cjfa-28098	170	7	the	the	DET
cjfa-28098	170	8	proportion	proportion	NOUN
cjfa-28098	170	9	of	of	ADP
cjfa-28098	170	10	non	non	NOUN
cjfa-28098	170	11	-	-	NOUN
cjfa-28098	170	12	audit	audit	NOUN
cjfa-28098	170	13	to	to	ADP
cjfa-28098	170	14	total	total	ADJ
cjfa-28098	170	15	audit	audit	NOUN
cjfa-28098	170	16	amount	amount	NOUN
cjfa-28098	170	17	is	be	AUX
cjfa-28098	170	18	optimistically	optimistically	ADV
cjfa-28098	170	19	linked	link	VERB
cjfa-28098	170	20	to	to	ADP
cjfa-28098	170	21	‘	'	PUNCT
cjfa-28098	170	22	discretionary	discretionary	ADJ
cjfa-28098	170	23	accruals	accrual	NOUN
cjfa-28098	170	24	’	'	PUNCT
cjfa-28098	170	25	a	a	DET
cjfa-28098	170	26	substitute	substitute	NOUN
cjfa-28098	170	27	frequently	frequently	ADV
cjfa-28098	170	28	applied	apply	VERB
cjfa-28098	170	29	for	for	ADP
cjfa-28098	170	30	‘	'	PUNCT
cjfa-28098	170	31	earnings	earning	NOUN
cjfa-28098	170	32	management	management	NOUN
cjfa-28098	170	33	’	'	PUNCT
cjfa-28098	170	34	.	.	PUNCT
cjfa-28098	171	1	on	on	ADP
cjfa-28098	171	2	the	the	DET
cjfa-28098	171	3	other	other	ADJ
cjfa-28098	171	4	hand	hand	NOUN
cjfa-28098	171	5	,	,	PUNCT
cjfa-28098	171	6	(	(	PUNCT
cjfa-28098	171	7	larcker	larcker	PROPN
cjfa-28098	171	8	&	&	CCONJ
cjfa-28098	171	9	richardson	richardson	PROPN
cjfa-28098	171	10	,	,	PUNCT
cjfa-28098	171	11	2004	2004	NUM
cjfa-28098	171	12	)	)	PUNCT
cjfa-28098	171	13	proposed	propose	VERB
cjfa-28098	171	14	that	that	SCONJ
cjfa-28098	171	15	these	these	DET
cjfa-28098	171	16	findings	finding	NOUN
cjfa-28098	171	17	are	be	AUX
cjfa-28098	171	18	seen	see	VERB
cjfa-28098	171	19	in	in	ADP
cjfa-28098	171	20	corporations	corporation	NOUN
cjfa-28098	171	21	having	have	VERB
cjfa-28098	171	22	inadequate	inadequate	ADJ
cjfa-28098	171	23	governance	governance	NOUN
cjfa-28098	171	24	,	,	PUNCT
cjfa-28098	171	25	and	and	CCONJ
cjfa-28098	171	26	in	in	ADP
cjfa-28098	171	27	addition	addition	NOUN
cjfa-28098	171	28	to	to	ADP
cjfa-28098	171	29	that	that	PRON
cjfa-28098	171	30	,	,	PUNCT
cjfa-28098	171	31	concern	concern	NOUN
cjfa-28098	171	32	for	for	ADP
cjfa-28098	171	33	the	the	DET
cjfa-28098	171	34	auditors	auditor	NOUN
cjfa-28098	171	35	market	market	NOUN
cjfa-28098	171	36	reputation	reputation	NOUN
cjfa-28098	171	37	act	act	VERB
cjfa-28098	171	38	as	as	ADP
cjfa-28098	171	39	a	a	DET
cjfa-28098	171	40	crucial	crucial	ADJ
cjfa-28098	171	41	governance	governance	NOUN
cjfa-28098	171	42	driver	driver	NOUN
cjfa-28098	171	43	in	in	ADP
cjfa-28098	171	44	reducing	reduce	VERB
cjfa-28098	171	45	abnormal	abnormal	ADJ
cjfa-28098	171	46	discretionary	discretionary	ADJ
cjfa-28098	171	47	preference	preference	NOUN
cjfa-28098	171	48	by	by	ADP
cjfa-28098	171	49	manag	manag	NOUN
cjfa-28098	171	50	the	the	DET
cjfa-28098	171	51	transformation	transformation	NOUN
cjfa-28098	171	52	of	of	ADP
cjfa-28098	171	53	the	the	DET
cjfa-28098	171	54	corporate	corporate	ADJ
cjfa-28098	171	55	governance	governance	NOUN
cjfa-28098	171	56	model	model	NOUN
cjfa-28098	171	57	…	…	NUM
cjfa-28098	171	58	19	19	NUM
cjfa-28098	171	59	ers	er	NOUN
cjfa-28098	171	60	.	.	PUNCT
cjfa-28098	172	1	however	however	ADV
cjfa-28098	172	2	with	with	ADP
cjfa-28098	172	3	the	the	DET
cjfa-28098	172	4	availability	availability	NOUN
cjfa-28098	172	5	of	of	ADP
cjfa-28098	172	6	the	the	DET
cjfa-28098	172	7	audit	audit	NOUN
cjfa-28098	172	8	fee	fee	NOUN
cjfa-28098	172	9	data	datum	NOUN
cjfa-28098	172	10	these	these	DET
cjfa-28098	172	11	associations	association	NOUN
cjfa-28098	172	12	can	can	AUX
cjfa-28098	172	13	be	be	AUX
cjfa-28098	172	14	further	far	ADV
cjfa-28098	172	15	investigated	investigate	VERB
cjfa-28098	172	16	to	to	PART
cjfa-28098	172	17	identify	identify	VERB
cjfa-28098	172	18	the	the	DET
cjfa-28098	172	19	additional	additional	ADJ
cjfa-28098	172	20	aspects	aspect	NOUN
cjfa-28098	172	21	of	of	ADP
cjfa-28098	172	22	cg	cg	NOUN
cjfa-28098	172	23	.	.	PUNCT
cjfa-28098	173	1	market	market	NOUN
cjfa-28098	173	2	for	for	ADP
cjfa-28098	173	3	executives	executive	NOUN
cjfa-28098	173	4	,	,	PUNCT
cjfa-28098	173	5	directors	director	NOUN
cjfa-28098	173	6	and	and	CCONJ
cjfa-28098	173	7	mutual	mutual	ADJ
cjfa-28098	173	8	supervision	supervision	NOUN
cjfa-28098	173	9	the	the	DET
cjfa-28098	173	10	finance	finance	NOUN
cjfa-28098	173	11	literature	literature	NOUN
cjfa-28098	173	12	on	on	ADP
cjfa-28098	173	13	markets	market	NOUN
cjfa-28098	173	14	for	for	ADP
cjfa-28098	173	15	executives	executive	NOUN
cjfa-28098	173	16	concentrated	concentrate	VERB
cjfa-28098	173	17	on	on	ADP
cjfa-28098	173	18	managers	manager	NOUN
cjfa-28098	173	19	,	,	PUNCT
cjfa-28098	173	20	members	member	NOUN
cjfa-28098	173	21	of	of	ADP
cjfa-28098	173	22	the	the	DET
cjfa-28098	173	23	bod	bod	PROPN
cjfa-28098	173	24	.	.	PROPN
cjfa-28098	173	25	established	establish	VERB
cjfa-28098	173	26	experiential	experiential	ADJ
cjfa-28098	173	27	studies	study	NOUN
cjfa-28098	173	28	,	,	PUNCT
cjfa-28098	173	29	comprising	comprising	NOUN
cjfa-28098	173	30	of	of	ADP
cjfa-28098	173	31	(	(	PUNCT
cjfa-28098	173	32	coughlan	coughlan	PROPN
cjfa-28098	173	33	&	&	CCONJ
cjfa-28098	173	34	schmidt	schmidt	PROPN
cjfa-28098	173	35	,	,	PUNCT
cjfa-28098	173	36	1985),(raviv	1985),(raviv	NUM
cjfa-28098	173	37	,	,	PUNCT
cjfa-28098	173	38	1985	1985	NUM
cjfa-28098	173	39	)	)	PUNCT
cjfa-28098	173	40	,	,	PUNCT
cjfa-28098	173	41	(	(	PUNCT
cjfa-28098	173	42	murphy	murphy	NOUN
cjfa-28098	173	43	,	,	PUNCT
cjfa-28098	173	44	1999	1999	NUM
cjfa-28098	173	45	)	)	PUNCT
cjfa-28098	173	46	,	,	PUNCT
cjfa-28098	173	47	(	(	PUNCT
cjfa-28098	173	48	mcconvill	mcconvill	NOUN
cjfa-28098	173	49	,	,	PUNCT
cjfa-28098	173	50	2006	2006	NUM
cjfa-28098	173	51	)	)	PUNCT
cjfa-28098	173	52	and	and	CCONJ
cjfa-28098	173	53	(	(	PUNCT
cjfa-28098	173	54	conyon	conyon	NOUN
cjfa-28098	173	55	&	&	CCONJ
cjfa-28098	173	56	he	he	PRON
cjfa-28098	173	57	,	,	PUNCT
cjfa-28098	173	58	2011	2011	NUM
cjfa-28098	173	59	)	)	PUNCT
cjfa-28098	173	60	showed	show	VERB
cjfa-28098	173	61	a	a	DET
cjfa-28098	173	62	wide	wide	ADJ
cjfa-28098	173	63	outlook	outlook	NOUN
cjfa-28098	173	64	regarding	regard	VERB
cjfa-28098	173	65	the	the	DET
cjfa-28098	173	66	link	link	NOUN
cjfa-28098	173	67	involving	involve	VERB
cjfa-28098	173	68	corporation	corporation	NOUN
cjfa-28098	173	69	’s	’s	PART
cjfa-28098	173	70	wealth	wealth	NOUN
cjfa-28098	173	71	and	and	CCONJ
cjfa-28098	173	72	the	the	DET
cjfa-28098	173	73	employment	employment	NOUN
cjfa-28098	173	74	marketplace	marketplace	NOUN
cjfa-28098	173	75	for	for	ADP
cjfa-28098	173	76	executives	executive	NOUN
cjfa-28098	173	77	and	and	CCONJ
cjfa-28098	173	78	managers	manager	NOUN
cjfa-28098	173	79	.	.	PUNCT
cjfa-28098	174	1	these	these	DET
cjfa-28098	174	2	analyses	analysis	NOUN
cjfa-28098	174	3	discover	discover	VERB
cjfa-28098	174	4	that	that	DET
cjfa-28098	174	5	firm	firm	NOUN
cjfa-28098	174	6	’s	’s	PART
cjfa-28098	174	7	value	value	NOUN
cjfa-28098	174	8	maximization	maximization	NOUN
cjfa-28098	174	9	is	be	AUX
cjfa-28098	174	10	positively	positively	ADV
cjfa-28098	174	11	related	relate	VERB
cjfa-28098	174	12	with	with	ADP
cjfa-28098	174	13	managerial	managerial	ADJ
cjfa-28098	174	14	remuneration	remuneration	NOUN
cjfa-28098	174	15	,	,	PUNCT
cjfa-28098	174	16	while	while	SCONJ
cjfa-28098	174	17	inferior	inferior	ADJ
cjfa-28098	174	18	results	result	NOUN
cjfa-28098	174	19	enhance	enhance	VERB
cjfa-28098	174	20	the	the	DET
cjfa-28098	174	21	chance	chance	NOUN
cjfa-28098	174	22	of	of	ADP
cjfa-28098	174	23	turnover	turnover	NOUN
cjfa-28098	174	24	or	or	CCONJ
cjfa-28098	174	25	sack	sack	NOUN
cjfa-28098	174	26	of	of	ADP
cjfa-28098	174	27	executives	executive	NOUN
cjfa-28098	174	28	.	.	PUNCT
cjfa-28098	175	1	in	in	ADP
cjfa-28098	175	2	fact	fact	NOUN
cjfa-28098	175	3	,	,	PUNCT
cjfa-28098	175	4	several	several	ADJ
cjfa-28098	175	5	researches	research	NOUN
cjfa-28098	175	6	tried	try	VERB
cjfa-28098	175	7	to	to	PART
cjfa-28098	175	8	look	look	VERB
cjfa-28098	175	9	at	at	ADP
cjfa-28098	175	10	the	the	DET
cjfa-28098	175	11	interaction	interaction	NOUN
cjfa-28098	175	12	involving	involve	VERB
cjfa-28098	175	13	manager	manager	NOUN
cjfa-28098	175	14	’s	’s	PART
cjfa-28098	175	15	switching	switch	VERB
cjfa-28098	175	16	rate	rate	NOUN
cjfa-28098	175	17	,	,	PUNCT
cjfa-28098	175	18	governance	governance	NOUN
cjfa-28098	175	19	,	,	PUNCT
cjfa-28098	175	20	and	and	CCONJ
cjfa-28098	175	21	administrative	administrative	ADJ
cjfa-28098	175	22	structure	structure	NOUN
cjfa-28098	175	23	.	.	PUNCT
cjfa-28098	176	1	for	for	ADP
cjfa-28098	176	2	instance	instance	NOUN
cjfa-28098	176	3	,	,	PUNCT
cjfa-28098	176	4	(	(	PUNCT
cjfa-28098	176	5	goyal	goyal	PROPN
cjfa-28098	176	6	&	&	CCONJ
cjfa-28098	176	7	park	park	PROPN
cjfa-28098	176	8	,	,	PUNCT
cjfa-28098	176	9	2002	2002	NUM
cjfa-28098	176	10	,	,	PUNCT
cjfa-28098	176	11	hazarika	hazarika	NOUN
cjfa-28098	176	12	,	,	PUNCT
cjfa-28098	176	13	karpoff	karpoff	PROPN
cjfa-28098	176	14	&	&	CCONJ
cjfa-28098	176	15	nahata	nahata	PROPN
cjfa-28098	176	16	,	,	PUNCT
cjfa-28098	176	17	2012	2012	NUM
cjfa-28098	176	18	)	)	PUNCT
cjfa-28098	176	19	and	and	CCONJ
cjfa-28098	176	20	(	(	PUNCT
cjfa-28098	176	21	martin	martin	PROPN
cjfa-28098	176	22	&	&	CCONJ
cjfa-28098	176	23	mcconnell	mcconnell	PROPN
cjfa-28098	176	24	,	,	PUNCT
cjfa-28098	176	25	1991	1991	NUM
cjfa-28098	176	26	)	)	PUNCT
cjfa-28098	176	27	found	find	VERB
cjfa-28098	176	28	that	that	SCONJ
cjfa-28098	176	29	the	the	DET
cjfa-28098	176	30	responsiveness	responsiveness	NOUN
cjfa-28098	176	31	of	of	ADP
cjfa-28098	176	32	ceo	ceo	NOUN
cjfa-28098	176	33	switching	switching	NOUN
cjfa-28098	176	34	rate	rate	NOUN
cjfa-28098	176	35	to	to	ADP
cjfa-28098	176	36	corporations	corporation	NOUN
cjfa-28098	176	37	’	'	PUNCT
cjfa-28098	176	38	performance	performance	NOUN
cjfa-28098	176	39	is	be	AUX
cjfa-28098	176	40	considerably	considerably	ADV
cjfa-28098	176	41	lesser	less	ADJ
cjfa-28098	176	42	once	once	SCONJ
cjfa-28098	176	43	the	the	DET
cjfa-28098	176	44	chief	chief	ADJ
cjfa-28098	176	45	executive	executive	NOUN
cjfa-28098	176	46	and	and	CCONJ
cjfa-28098	176	47	chairman	chairman	NOUN
cjfa-28098	176	48	/	/	SYM
cjfa-28098	176	49	persons	person	NOUN
cjfa-28098	176	50	status	status	NOUN
cjfa-28098	176	51	are	be	AUX
cjfa-28098	176	52	parallel	parallel	ADJ
cjfa-28098	176	53	.	.	PUNCT
cjfa-28098	177	1	addition	addition	NOUN
cjfa-28098	177	2	to	to	ADP
cjfa-28098	177	3	the	the	DET
cjfa-28098	177	4	existing	exist	VERB
cjfa-28098	177	5	research	research	NOUN
cjfa-28098	177	6	,	,	PUNCT
cjfa-28098	177	7	(	(	PUNCT
cjfa-28098	177	8	agrawal	agrawal	PROPN
cjfa-28098	177	9	&	&	CCONJ
cjfa-28098	177	10	cooper	cooper	PROPN
cjfa-28098	177	11	,	,	PUNCT
cjfa-28098	177	12	2017	2017	NUM
cjfa-28098	177	13	)	)	PUNCT
cjfa-28098	177	14	claimed	claim	VERB
cjfa-28098	177	15	that	that	SCONJ
cjfa-28098	177	16	external	external	ADJ
cjfa-28098	177	17	candidates	candidate	NOUN
cjfa-28098	177	18	are	be	AUX
cjfa-28098	177	19	selected	select	VERB
cjfa-28098	177	20	for	for	ADP
cjfa-28098	177	21	chief	chief	ADJ
cjfa-28098	177	22	executive	executive	ADJ
cjfa-28098	177	23	rank	rank	NOUN
cjfa-28098	177	24	only	only	ADV
cjfa-28098	177	25	in	in	ADP
cjfa-28098	177	26	case	case	NOUN
cjfa-28098	177	27	of	of	ADP
cjfa-28098	177	28	the	the	DET
cjfa-28098	177	29	unavailability	unavailability	NOUN
cjfa-28098	177	30	of	of	ADP
cjfa-28098	177	31	the	the	DET
cjfa-28098	177	32	competent	competent	ADJ
cjfa-28098	177	33	internal	internal	ADJ
cjfa-28098	177	34	candidates	candidate	NOUN
cjfa-28098	177	35	.	.	PUNCT
cjfa-28098	178	1	mutual	mutual	ADJ
cjfa-28098	178	2	supervision	supervision	NOUN
cjfa-28098	178	3	is	be	AUX
cjfa-28098	178	4	connected	connect	VERB
cjfa-28098	178	5	to	to	ADP
cjfa-28098	178	6	the	the	DET
cjfa-28098	178	7	observation	observation	NOUN
cjfa-28098	178	8	that	that	SCONJ
cjfa-28098	178	9	the	the	DET
cjfa-28098	178	10	market	market	NOUN
cjfa-28098	178	11	for	for	ADP
cjfa-28098	178	12	executives	executive	NOUN
cjfa-28098	178	13	might	might	AUX
cjfa-28098	178	14	utilize	utilize	VERB
cjfa-28098	178	15	the	the	DET
cjfa-28098	178	16	gains	gain	NOUN
cjfa-28098	178	17	of	of	ADP
cjfa-28098	178	18	the	the	DET
cjfa-28098	178	19	corporations	corporation	NOUN
cjfa-28098	178	20	to	to	PART
cjfa-28098	178	21	verify	verify	VERB
cjfa-28098	178	22	each	each	DET
cjfa-28098	178	23	executive	executive	NOUN
cjfa-28098	178	24	’s	’s	PART
cjfa-28098	178	25	remuneration	remuneration	NOUN
cjfa-28098	178	26	structure	structure	NOUN
cjfa-28098	178	27	.	.	PUNCT
cjfa-28098	179	1	furthermore	furthermore	ADV
cjfa-28098	179	2	,	,	PUNCT
cjfa-28098	179	3	each	each	DET
cjfa-28098	179	4	executive	executive	NOUN
cjfa-28098	179	5	might	might	AUX
cjfa-28098	179	6	believe	believe	VERB
cjfa-28098	179	7	that	that	SCONJ
cjfa-28098	179	8	his/	his/	PUNCT
cjfa-28098	179	9	 	 	SPACE
cjfa-28098	179	10	her	her	PRON
cjfa-28098	179	11	performance	performance	NOUN
cjfa-28098	179	12	is	be	AUX
cjfa-28098	179	13	expected	expect	VERB
cjfa-28098	179	14	to	to	PART
cjfa-28098	179	15	be	be	AUX
cjfa-28098	179	16	positively	positively	ADV
cjfa-28098	179	17	correlated	correlate	VERB
cjfa-28098	179	18	with	with	ADP
cjfa-28098	179	19	the	the	DET
cjfa-28098	179	20	performance	performance	NOUN
cjfa-28098	179	21	of	of	ADP
cjfa-28098	179	22	his	his	PRON
cjfa-28098	179	23	/	/	SYM
cjfa-28098	179	24	her	her	PRON
cjfa-28098	179	25	subordinates	subordinate	NOUN
cjfa-28098	179	26	and	and	CCONJ
cjfa-28098	179	27	superiors	superior	NOUN
cjfa-28098	179	28	.	.	PUNCT
cjfa-28098	180	1	classical	classical	ADJ
cjfa-28098	180	2	paper	paper	NOUN
cjfa-28098	180	3	of	of	ADP
cjfa-28098	180	4	(	(	PUNCT
cjfa-28098	180	5	fama	fama	PROPN
cjfa-28098	180	6	,	,	PUNCT
cjfa-28098	180	7	1980b	1980b	NUM
cjfa-28098	180	8	)	)	PUNCT
cjfa-28098	180	9	therefore	therefore	ADV
cjfa-28098	180	10	imagines	imagine	VERB
cjfa-28098	180	11	that	that	SCONJ
cjfa-28098	180	12	the	the	DET
cjfa-28098	180	13	subsistence	subsistence	NOUN
cjfa-28098	180	14	of	of	ADP
cjfa-28098	180	15	an	an	DET
cjfa-28098	180	16	executive	executive	ADJ
cjfa-28098	180	17	labor	labor	NOUN
cjfa-28098	180	18	marketplace	marketplace	NOUN
cjfa-28098	180	19	is	be	AUX
cjfa-28098	180	20	a	a	DET
cjfa-28098	180	21	crucial	crucial	ADJ
cjfa-28098	180	22	element	element	NOUN
cjfa-28098	180	23	controlling	control	VERB
cjfa-28098	180	24	the	the	DET
cjfa-28098	180	25	stage	stage	NOUN
cjfa-28098	180	26	of	of	ADP
cjfa-28098	180	27	mutual	mutual	ADJ
cjfa-28098	180	28	supervision	supervision	NOUN
cjfa-28098	180	29	by	by	ADP
cjfa-28098	180	30	executives	executive	NOUN
cjfa-28098	180	31	.	.	PUNCT
cjfa-28098	181	1	beside	beside	ADP
cjfa-28098	181	2	this	this	DET
cjfa-28098	181	3	secondary	secondary	ADJ
cjfa-28098	181	4	influence	influence	NOUN
cjfa-28098	181	5	,	,	PUNCT
cjfa-28098	181	6	(	(	PUNCT
cjfa-28098	181	7	coughlan	coughlan	NOUN
cjfa-28098	181	8	&	&	CCONJ
cjfa-28098	181	9	schmidt	schmidt	PROPN
cjfa-28098	181	10	,	,	PUNCT
cjfa-28098	181	11	1985	1985	NUM
cjfa-28098	181	12	;	;	PUNCT
cjfa-28098	181	13	firth	firth	PROPN
cjfa-28098	181	14	,	,	PUNCT
cjfa-28098	181	15	fung	fung	PROPN
cjfa-28098	181	16	&	&	CCONJ
cjfa-28098	181	17	rui	rui	PROPN
cjfa-28098	181	18	,	,	PUNCT
cjfa-28098	181	19	2006	2006	NUM
cjfa-28098	181	20	;	;	PUNCT
cjfa-28098	181	21	kesner	kesner	PROPN
cjfa-28098	181	22	&	&	CCONJ
cjfa-28098	181	23	dalton	dalton	PROPN
cjfa-28098	181	24	,	,	PUNCT
cjfa-28098	181	25	1994	1994	NUM
cjfa-28098	181	26	)	)	PUNCT
cjfa-28098	181	27	observed	observe	VERB
cjfa-28098	181	28	this	this	DET
cjfa-28098	181	29	marketplace	marketplace	NOUN
cjfa-28098	181	30	as	as	ADP
cjfa-28098	181	31	employing	employ	VERB
cjfa-28098	181	32	a	a	DET
cjfa-28098	181	33	direct	direct	ADJ
cjfa-28098	181	34	force	force	NOUN
cjfa-28098	181	35	on	on	ADP
cjfa-28098	181	36	the	the	DET
cjfa-28098	181	37	corporation	corporation	NOUN
cjfa-28098	181	38	to	to	PART
cjfa-28098	181	39	select	select	VERB
cjfa-28098	181	40	and	and	CCONJ
cjfa-28098	181	41	pay	pay	VERB
cjfa-28098	181	42	off	off	ADP
cjfa-28098	181	43	executive	executive	NOUN
cjfa-28098	181	44	in	in	ADP
cjfa-28098	181	45	line	line	NOUN
cjfa-28098	181	46	with	with	ADP
cjfa-28098	181	47	their	their	PRON
cjfa-28098	181	48	accomplishment	accomplishment	NOUN
cjfa-28098	181	49	with	with	ADP
cjfa-28098	181	50	a	a	DET
cjfa-28098	181	51	view	view	NOUN
cjfa-28098	181	52	to	to	PART
cjfa-28098	181	53	stop	stop	VERB
cjfa-28098	181	54	the	the	DET
cjfa-28098	181	55	most	most	ADV
cjfa-28098	181	56	performing	perform	VERB
cjfa-28098	181	57	executives	executive	NOUN
cjfa-28098	181	58	from	from	ADP
cjfa-28098	181	59	switching	switch	VERB
cjfa-28098	181	60	and	and	CCONJ
cjfa-28098	181	61	maintaining	maintain	VERB
cjfa-28098	181	62	the	the	DET
cjfa-28098	181	63	company	company	NOUN
cjfa-28098	181	64	attractive	attractive	ADJ
cjfa-28098	181	65	for	for	ADP
cjfa-28098	181	66	new	new	ADJ
cjfa-28098	181	67	efficient	efficient	ADJ
cjfa-28098	181	68	managers	manager	NOUN
cjfa-28098	181	69	.	.	PUNCT
cjfa-28098	182	1	however	however	ADV
cjfa-28098	182	2	,	,	PUNCT
cjfa-28098	182	3	the	the	DET
cjfa-28098	182	4	usefulness	usefulness	NOUN
cjfa-28098	182	5	of	of	ADP
cjfa-28098	182	6	mutual	mutual	ADJ
cjfa-28098	182	7	supervision	supervision	NOUN
cjfa-28098	182	8	by	by	ADP
cjfa-28098	182	9	executives	executive	NOUN
cjfa-28098	182	10	has	have	AUX
cjfa-28098	182	11	been	be	AUX
cjfa-28098	182	12	the	the	DET
cjfa-28098	182	13	controversial	controversial	ADJ
cjfa-28098	182	14	one	one	NOUN
cjfa-28098	182	15	as	as	ADP
cjfa-28098	182	16	(	(	PUNCT
cjfa-28098	182	17	hansen	hansen	PROPN
cjfa-28098	182	18	&	&	CCONJ
cjfa-28098	182	19	torregrosa	torregrosa	PROPN
cjfa-28098	182	20	,	,	PUNCT
cjfa-28098	182	21	1992	1992	NUM
cjfa-28098	182	22	)	)	PUNCT
cjfa-28098	182	23	characterized	characterize	VERB
cjfa-28098	182	24	mutual	mutual	ADJ
cjfa-28098	182	25	supervision	supervision	NOUN
cjfa-28098	182	26	as	as	ADP
cjfa-28098	182	27	an	an	DET
cjfa-28098	182	28	“	"	PUNCT
cjfa-28098	182	29	inaccurate	inaccurate	ADJ
cjfa-28098	182	30	measurement	measurement	NOUN
cjfa-28098	182	31	of	of	ADP
cjfa-28098	182	32	executives	executive	NOUN
cjfa-28098	182	33	performance	performance	NOUN
cjfa-28098	182	34	due	due	ADP
cjfa-28098	182	35	to	to	ADP
cjfa-28098	182	36	poor	poor	ADJ
cjfa-28098	182	37	judgment	judgment	NOUN
cjfa-28098	182	38	,	,	PUNCT
cjfa-28098	182	39	atm	atm	PROPN
cjfa-28098	182	40	adnan	adnan	PROPN
cjfa-28098	182	41	,	,	PUNCT
cjfa-28098	182	42	nisar	nisar	PROPN
cjfa-28098	182	43	ahmed20	ahmed20	ADJ
cjfa-28098	182	44	ethical	ethical	ADJ
cjfa-28098	182	45	vulnerability	vulnerability	NOUN
cjfa-28098	182	46	or	or	CCONJ
cjfa-28098	182	47	inferior	inferior	ADJ
cjfa-28098	182	48	information	information	NOUN
cjfa-28098	182	49	”	"	PUNCT
cjfa-28098	182	50	also	also	ADV
cjfa-28098	182	51	managerial	managerial	ADJ
cjfa-28098	182	52	infringement	infringement	NOUN
cjfa-28098	182	53	reduce	reduce	VERB
cjfa-28098	182	54	the	the	DET
cjfa-28098	182	55	usefulness	usefulness	NOUN
cjfa-28098	182	56	of	of	ADP
cjfa-28098	182	57	the	the	DET
cjfa-28098	182	58	in	in	ADP
cjfa-28098	182	59	-	-	PUNCT
cjfa-28098	182	60	house	house	NOUN
cjfa-28098	182	61	evaluation	evaluation	NOUN
cjfa-28098	182	62	system	system	NOUN
cjfa-28098	182	63	.	.	PUNCT
cjfa-28098	183	1	market	market	NOUN
cjfa-28098	183	2	information	information	NOUN
cjfa-28098	183	3	providers	provider	NOUN
cjfa-28098	183	4	considerable	considerable	ADJ
cjfa-28098	183	5	number	number	NOUN
cjfa-28098	183	6	of	of	ADP
cjfa-28098	183	7	studies	study	NOUN
cjfa-28098	183	8	observing	observe	VERB
cjfa-28098	183	9	the	the	DET
cjfa-28098	183	10	relationship	relationship	NOUN
cjfa-28098	183	11	involving	involve	VERB
cjfa-28098	183	12	market	market	NOUN
cjfa-28098	183	13	analyst	analyst	NOUN
cjfa-28098	183	14	and	and	CCONJ
cjfa-28098	183	15	diverse	diverse	ADJ
cjfa-28098	183	16	features	feature	NOUN
cjfa-28098	183	17	of	of	ADP
cjfa-28098	183	18	cg	cg	NOUN
cjfa-28098	183	19	.	.	PUNCT
cjfa-28098	184	1	(	(	PUNCT
cjfa-28098	184	2	jensen	jensen	PROPN
cjfa-28098	184	3	&	&	CCONJ
cjfa-28098	184	4	meckling	meckling	PROPN
cjfa-28098	184	5	,	,	PUNCT
cjfa-28098	184	6	1976	1976	NUM
cjfa-28098	184	7	;	;	PUNCT
cjfa-28098	184	8	yu	yu	PROPN
cjfa-28098	184	9	,	,	PUNCT
cjfa-28098	184	10	2011	2011	NUM
cjfa-28098	184	11	;	;	PUNCT
cjfa-28098	184	12	aerts	aert	NOUN
cjfa-28098	184	13	,	,	PUNCT
cjfa-28098	184	14	cormier	cormier	NOUN
cjfa-28098	184	15	&	&	CCONJ
cjfa-28098	184	16	magnan	magnan	PROPN
cjfa-28098	184	17	,	,	PUNCT
cjfa-28098	184	18	2007	2007	NUM
cjfa-28098	184	19	;	;	PUNCT
cjfa-28098	184	20	knyazeva	knyazeva	PROPN
cjfa-28098	184	21	,	,	PUNCT
cjfa-28098	184	22	2007	2007	NUM
cjfa-28098	184	23	)	)	PUNCT
cjfa-28098	184	24	argued	argue	VERB
cjfa-28098	184	25	that	that	SCONJ
cjfa-28098	184	26	capital	capital	NOUN
cjfa-28098	184	27	market	market	NOUN
cjfa-28098	184	28	analysts	analyst	NOUN
cjfa-28098	184	29	,	,	PUNCT
cjfa-28098	184	30	engaged	engage	VERB
cjfa-28098	184	31	by	by	ADP
cjfa-28098	184	32	big	big	ADJ
cjfa-28098	184	33	institutional	institutional	ADJ
cjfa-28098	184	34	investors	investor	NOUN
cjfa-28098	184	35	,	,	PUNCT
cjfa-28098	184	36	merchant	merchant	NOUN
cjfa-28098	184	37	banks	bank	NOUN
cjfa-28098	184	38	,	,	PUNCT
cjfa-28098	184	39	brokerage	brokerage	NOUN
cjfa-28098	184	40	houses	house	NOUN
cjfa-28098	184	41	,	,	PUNCT
cjfa-28098	184	42	investment	investment	NOUN
cjfa-28098	184	43	banks	bank	NOUN
cjfa-28098	184	44	and	and	CCONJ
cjfa-28098	184	45	even	even	ADV
cjfa-28098	184	46	traditional	traditional	ADJ
cjfa-28098	184	47	banking	banking	NOUN
cjfa-28098	184	48	,	,	PUNCT
cjfa-28098	184	49	insurance	insurance	NOUN
cjfa-28098	184	50	and	and	CCONJ
cjfa-28098	184	51	nbfi	nbfi	PROPN
cjfa-28098	184	52	’s	’s	PART
cjfa-28098	184	53	perform	perform	VERB
cjfa-28098	184	54	a	a	DET
cjfa-28098	184	55	supervising	supervising	NOUN
cjfa-28098	184	56	part	part	NOUN
cjfa-28098	184	57	that	that	PRON
cjfa-28098	184	58	influence	influence	VERB
cjfa-28098	184	59	the	the	DET
cjfa-28098	184	60	chance	chance	NOUN
cjfa-28098	184	61	existing	exist	VERB
cjfa-28098	184	62	to	to	ADP
cjfa-28098	184	63	executive	executive	NOUN
cjfa-28098	184	64	to	to	PART
cjfa-28098	184	65	acquire	acquire	VERB
cjfa-28098	184	66	extra	extra	ADJ
cjfa-28098	184	67	monetary	monetary	ADJ
cjfa-28098	184	68	and	and	CCONJ
cjfa-28098	184	69	non	non	ADJ
cjfa-28098	184	70	-	-	ADJ
cjfa-28098	184	71	monetary	monetary	ADJ
cjfa-28098	184	72	remuneration	remuneration	NOUN
cjfa-28098	184	73	from	from	ADP
cjfa-28098	184	74	the	the	DET
cjfa-28098	184	75	investors	investor	NOUN
cjfa-28098	184	76	of	of	ADP
cjfa-28098	184	77	the	the	DET
cjfa-28098	184	78	company	company	NOUN
cjfa-28098	184	79	.	.	PUNCT
cjfa-28098	185	1	(	(	PUNCT
cjfa-28098	185	2	chung	chung	PROPN
cjfa-28098	185	3	&	&	CCONJ
cjfa-28098	185	4	jo	jo	PROPN
cjfa-28098	185	5	,	,	PUNCT
cjfa-28098	185	6	1996	1996	NUM
cjfa-28098	185	7	;	;	PUNCT
cjfa-28098	185	8	yu	yu	PROPN
cjfa-28098	185	9	,	,	PUNCT
cjfa-28098	185	10	2008	2008	NUM
cjfa-28098	185	11	;	;	PUNCT
cjfa-28098	185	12	byard	byard	ADV
cjfa-28098	185	13	,	,	PUNCT
cjfa-28098	185	14	li	li	PROPN
cjfa-28098	185	15	&	&	CCONJ
cjfa-28098	185	16	weintrop	weintrop	PROPN
cjfa-28098	185	17	,	,	PUNCT
cjfa-28098	185	18	2006	2006	NUM
cjfa-28098	185	19	)	)	PUNCT
cjfa-28098	185	20	claimed	claim	VERB
cjfa-28098	185	21	that	that	SCONJ
cjfa-28098	185	22	agency	agency	NOUN
cjfa-28098	185	23	problem	problem	NOUN
cjfa-28098	185	24	and	and	CCONJ
cjfa-28098	185	25	cost	cost	NOUN
cjfa-28098	185	26	can	can	AUX
cjfa-28098	185	27	be	be	AUX
cjfa-28098	185	28	notably	notably	ADV
cjfa-28098	185	29	reduced	reduce	VERB
cjfa-28098	185	30	by	by	ADP
cjfa-28098	185	31	the	the	DET
cjfa-28098	185	32	action	action	NOUN
cjfa-28098	185	33	of	of	ADP
cjfa-28098	185	34	the	the	DET
cjfa-28098	185	35	market	market	NOUN
cjfa-28098	185	36	observer	observer	NOUN
cjfa-28098	185	37	and	and	CCONJ
cjfa-28098	185	38	analysts	analyst	NOUN
cjfa-28098	185	39	through	through	ADP
cjfa-28098	185	40	examining	examine	VERB
cjfa-28098	185	41	managerial	managerial	ADJ
cjfa-28098	185	42	policy	policy	NOUN
cjfa-28098	185	43	and	and	CCONJ
cjfa-28098	185	44	available	available	ADJ
cjfa-28098	185	45	information	information	NOUN
cjfa-28098	185	46	concerning	concern	VERB
cjfa-28098	185	47	corporations	corporation	NOUN
cjfa-28098	185	48	to	to	ADP
cjfa-28098	185	49	the	the	DET
cjfa-28098	185	50	market	market	NOUN
cjfa-28098	185	51	.	.	PUNCT
cjfa-28098	186	1	supervision	supervision	NOUN
cjfa-28098	186	2	may	may	AUX
cjfa-28098	186	3	also	also	ADV
cjfa-28098	186	4	appear	appear	VERB
cjfa-28098	186	5	from	from	ADP
cjfa-28098	186	6	other	other	ADJ
cjfa-28098	186	7	market	market	NOUN
cjfa-28098	186	8	contributor	contributor	NOUN
cjfa-28098	186	9	such	such	ADJ
cjfa-28098	186	10	as	as	ADP
cjfa-28098	186	11	those	those	PRON
cjfa-28098	186	12	presenting	present	VERB
cjfa-28098	186	13	governance	governance	NOUN
cjfa-28098	186	14	study	study	NOUN
cjfa-28098	186	15	and	and	CCONJ
cjfa-28098	186	16	voting	voting	NOUN
cjfa-28098	186	17	suggestion	suggestion	NOUN
cjfa-28098	186	18	to	to	ADP
cjfa-28098	186	19	large	large	ADJ
cjfa-28098	186	20	shareholder	shareholder	NOUN
cjfa-28098	186	21	.	.	PUNCT
cjfa-28098	187	1	(	(	PUNCT
cjfa-28098	187	2	chung	chung	PROPN
cjfa-28098	187	3	&	&	CCONJ
cjfa-28098	187	4	jo	jo	PROPN
cjfa-28098	187	5	,	,	PUNCT
cjfa-28098	187	6	1996	1996	NUM
cjfa-28098	187	7	)	)	PUNCT
cjfa-28098	187	8	also	also	ADV
cjfa-28098	187	9	exhibited	exhibit	VERB
cjfa-28098	187	10	proof	proof	NOUN
cjfa-28098	187	11	that	that	SCONJ
cjfa-28098	187	12	the	the	DET
cjfa-28098	187	13	potency	potency	NOUN
cjfa-28098	187	14	of	of	ADP
cjfa-28098	187	15	market	market	NOUN
cjfa-28098	187	16	observer	observer	NOUN
cjfa-28098	187	17	’s	’s	PART
cjfa-28098	187	18	role	role	NOUN
cjfa-28098	187	19	has	have	AUX
cjfa-28098	187	20	a	a	DET
cjfa-28098	187	21	significant	significant	ADJ
cjfa-28098	187	22	effect	effect	NOUN
cjfa-28098	187	23	on	on	ADP
cjfa-28098	187	24	the	the	DET
cjfa-28098	187	25	market	market	NOUN
cjfa-28098	187	26	value	value	NOUN
cjfa-28098	187	27	of	of	ADP
cjfa-28098	187	28	corporations	corporation	NOUN
cjfa-28098	187	29	.	.	PUNCT
cjfa-28098	188	1	(	(	PUNCT
cjfa-28098	188	2	lin	lin	PROPN
cjfa-28098	188	3	&	&	CCONJ
cjfa-28098	188	4	mcnichols	mcnichols	PROPN
cjfa-28098	188	5	,	,	PUNCT
cjfa-28098	188	6	1998	1998	NUM
cjfa-28098	188	7	)	)	PUNCT
cjfa-28098	188	8	showed	show	VERB
cjfa-28098	188	9	that	that	SCONJ
cjfa-28098	188	10	analyst	analyst	NOUN
cjfa-28098	188	11	professional	professional	PROPN
cjfa-28098	188	12	association	association	PROPN
cjfa-28098	188	13	and	and	CCONJ
cjfa-28098	188	14	contacts	contact	NOUN
cjfa-28098	188	15	might	might	AUX
cjfa-28098	188	16	affect	affect	VERB
cjfa-28098	188	17	the	the	DET
cjfa-28098	188	18	probable	probable	ADJ
cjfa-28098	188	19	observing	observe	VERB
cjfa-28098	188	20	task	task	NOUN
cjfa-28098	188	21	of	of	ADP
cjfa-28098	188	22	‘	'	PUNCT
cjfa-28098	188	23	market	market	NOUN
cjfa-28098	188	24	analysts	analyst	NOUN
cjfa-28098	188	25	’	'	PUNCT
cjfa-28098	188	26	.	.	PUNCT
cjfa-28098	189	1	researchers	researcher	NOUN
cjfa-28098	189	2	observed	observe	VERB
cjfa-28098	189	3	that	that	SCONJ
cjfa-28098	189	4	main	main	ADJ
cjfa-28098	189	5	and	and	CCONJ
cjfa-28098	189	6	sub	sub	ADJ
cjfa-28098	189	7	-	-	ADJ
cjfa-28098	189	8	sponsor	sponsor	ADJ
cjfa-28098	189	9	analysts	analyst	NOUN
cjfa-28098	189	10	’	’	PART
cjfa-28098	189	11	predictions	prediction	NOUN
cjfa-28098	189	12	are	be	AUX
cjfa-28098	189	13	considerably	considerably	ADV
cjfa-28098	189	14	more	more	ADV
cjfa-28098	189	15	positive	positive	ADJ
cjfa-28098	189	16	compared	compare	VERB
cjfa-28098	189	17	to	to	ADP
cjfa-28098	189	18	those	those	PRON
cjfa-28098	189	19	presented	present	VERB
cjfa-28098	189	20	by	by	ADP
cjfa-28098	189	21	independent	independent	ADJ
cjfa-28098	189	22	analysts	analyst	NOUN
cjfa-28098	189	23	even	even	ADV
cjfa-28098	189	24	though	though	SCONJ
cjfa-28098	189	25	their	their	PRON
cjfa-28098	189	26	earnings	earning	NOUN
cjfa-28098	189	27	predictions	prediction	NOUN
cjfa-28098	189	28	are	be	AUX
cjfa-28098	189	29	n’t	not	PART
cjfa-28098	189	30	usually	usually	ADV
cjfa-28098	189	31	better	well	ADJ
cjfa-28098	189	32	.	.	PUNCT
cjfa-28098	190	1	in	in	ADP
cjfa-28098	190	2	the	the	DET
cjfa-28098	190	3	same	same	ADJ
cjfa-28098	190	4	context	context	NOUN
cjfa-28098	190	5	,	,	PUNCT
cjfa-28098	190	6	(	(	PUNCT
cjfa-28098	190	7	bethel	bethel	PROPN
cjfa-28098	190	8	&	&	CCONJ
cjfa-28098	190	9	gillan	gillan	PROPN
cjfa-28098	190	10	,	,	PUNCT
cjfa-28098	190	11	2002	2002	NUM
cjfa-28098	190	12	)	)	PUNCT
cjfa-28098	190	13	,	,	PUNCT
cjfa-28098	190	14	(	(	PUNCT
cjfa-28098	190	15	morgan	morgan	PROPN
cjfa-28098	190	16	&	&	CCONJ
cjfa-28098	190	17	poulsen	poulsen	PROPN
cjfa-28098	190	18	,	,	PUNCT
cjfa-28098	190	19	2001	2001	NUM
cjfa-28098	190	20	)	)	PUNCT
cjfa-28098	190	21	gave	give	VERB
cjfa-28098	190	22	proof	proof	NOUN
cjfa-28098	190	23	that	that	SCONJ
cjfa-28098	190	24	non	non	ADJ
cjfa-28098	190	25	-	-	ADJ
cjfa-28098	190	26	affirmative	affirmative	ADJ
cjfa-28098	190	27	voting	voting	NOUN
cjfa-28098	190	28	advices	advice	NOUN
cjfa-28098	190	29	from	from	ADP
cjfa-28098	190	30	corporate	corporate	ADJ
cjfa-28098	190	31	governance	governance	NOUN
cjfa-28098	190	32	reviewer	reviewer	NOUN
cjfa-28098	190	33	are	be	AUX
cjfa-28098	190	34	related	relate	VERB
cjfa-28098	190	35	with	with	ADP
cjfa-28098	190	36	considerably	considerably	ADV
cjfa-28098	190	37	lower	low	ADJ
cjfa-28098	190	38	levels	level	NOUN
cjfa-28098	190	39	of	of	ADP
cjfa-28098	190	40	voting	voting	NOUN
cjfa-28098	190	41	assistance	assistance	NOUN
cjfa-28098	190	42	.	.	PUNCT
cjfa-28098	191	1	therefore	therefore	ADV
cjfa-28098	191	2	,	,	PUNCT
cjfa-28098	191	3	these	these	DET
cjfa-28098	191	4	service	service	NOUN
cjfa-28098	191	5	-	-	PUNCT
cjfa-28098	191	6	oriented	orient	VERB
cjfa-28098	191	7	market	market	NOUN
cjfa-28098	191	8	participants	participant	NOUN
cjfa-28098	191	9	’	'	PUNCT
cjfa-28098	191	10	have	have	VERB
cjfa-28098	191	11	the	the	DET
cjfa-28098	191	12	promise	promise	NOUN
cjfa-28098	191	13	to	to	PART
cjfa-28098	191	14	perform	perform	VERB
cjfa-28098	191	15	as	as	ADP
cjfa-28098	191	16	both	both	DET
cjfa-28098	191	17	information	information	NOUN
cjfa-28098	191	18	source	source	NOUN
cjfa-28098	191	19	and	and	CCONJ
cjfa-28098	191	20	observer	observer	NOUN
cjfa-28098	191	21	of	of	ADP
cjfa-28098	191	22	corporate	corporate	ADJ
cjfa-28098	191	23	governance	governance	NOUN
cjfa-28098	191	24	.	.	PUNCT
cjfa-28098	192	1	non	non	ADJ
cjfa-28098	192	2	-	-	ADJ
cjfa-28098	192	3	public	public	ADJ
cjfa-28098	192	4	external	external	ADJ
cjfa-28098	192	5	supervision	supervision	NOUN
cjfa-28098	192	6	two	two	NUM
cjfa-28098	192	7	most	most	ADV
cjfa-28098	192	8	significant	significant	ADJ
cjfa-28098	192	9	sources	source	NOUN
cjfa-28098	192	10	of	of	ADP
cjfa-28098	192	11	private	private	ADJ
cjfa-28098	192	12	external	external	ADJ
cjfa-28098	192	13	supervision	supervision	NOUN
cjfa-28098	192	14	source	source	NOUN
cjfa-28098	192	15	are	be	AUX
cjfa-28098	192	16	the	the	DET
cjfa-28098	192	17	all	all	DET
cjfa-28098	192	18	types	type	NOUN
cjfa-28098	192	19	of	of	ADP
cjfa-28098	192	20	media	medium	NOUN
cjfa-28098	192	21	such	such	ADJ
cjfa-28098	192	22	as	as	ADP
cjfa-28098	192	23	print	print	NOUN
cjfa-28098	192	24	,	,	PUNCT
cjfa-28098	192	25	electronic	electronic	ADJ
cjfa-28098	192	26	and	and	CCONJ
cjfa-28098	192	27	the	the	DET
cjfa-28098	192	28	legal	legal	ADJ
cjfa-28098	192	29	complaint	complaint	NOUN
cjfa-28098	192	30	or	or	CCONJ
cjfa-28098	192	31	charges	charge	NOUN
cjfa-28098	192	32	face	face	NOUN
cjfa-28098	192	33	by	by	ADP
cjfa-28098	192	34	the	the	DET
cjfa-28098	192	35	company	company	NOUN
cjfa-28098	192	36	.	.	PUNCT
cjfa-28098	193	1	the	the	DET
cjfa-28098	193	2	media	medium	NOUN
cjfa-28098	193	3	undoubtedly	undoubtedly	ADV
cjfa-28098	193	4	perform	perform	VERB
cjfa-28098	193	5	an	an	DET
cjfa-28098	193	6	imperative	imperative	ADJ
cjfa-28098	193	7	part	part	NOUN
cjfa-28098	193	8	in	in	ADP
cjfa-28098	193	9	communicating	communicate	VERB
cjfa-28098	193	10	cg	cg	NOUN
cjfa-28098	193	11	practices	practice	NOUN
cjfa-28098	193	12	of	of	ADP
cjfa-28098	193	13	the	the	DET
cjfa-28098	193	14	corporation	corporation	NOUN
cjfa-28098	193	15	for	for	ADP
cjfa-28098	193	16	instance	instance	NOUN
cjfa-28098	193	17	,	,	PUNCT
cjfa-28098	193	18	the	the	DET
cjfa-28098	193	19	famous	famous	ADJ
cjfa-28098	193	20	enron	enron	PROPN
cjfa-28098	193	21	financial	financial	ADJ
cjfa-28098	193	22	scandal	scandal	NOUN
cjfa-28098	193	23	was	be	AUX
cjfa-28098	193	24	first	first	ADV
cjfa-28098	193	25	exposed	expose	VERB
cjfa-28098	193	26	by	by	ADP
cjfa-28098	193	27	bethany	bethany	PROPN
cjfa-28098	193	28	mclean	mclean	PROPN
cjfa-28098	193	29	of	of	ADP
cjfa-28098	193	30	fortune	fortune	PROPN
cjfa-28098	193	31	magazine	magazine	NOUN
cjfa-28098	193	32	the	the	DET
cjfa-28098	193	33	transformation	transformation	NOUN
cjfa-28098	193	34	of	of	ADP
cjfa-28098	193	35	the	the	DET
cjfa-28098	193	36	corporate	corporate	ADJ
cjfa-28098	193	37	governance	governance	NOUN
cjfa-28098	193	38	model	model	NOUN
cjfa-28098	193	39	…	…	PUNCT
cjfa-28098	193	40	21	21	NUM
cjfa-28098	193	41	(	(	PUNCT
cjfa-28098	193	42	dyck	dyck	PROPN
cjfa-28098	193	43	&	&	CCONJ
cjfa-28098	193	44	zingales	zingale	NOUN
cjfa-28098	193	45	,	,	PUNCT
cjfa-28098	193	46	2002	2002	NUM
cjfa-28098	193	47	,	,	PUNCT
cjfa-28098	193	48	liu	liu	PROPN
cjfa-28098	193	49	&	&	CCONJ
cjfa-28098	193	50	mcconnell	mcconnell	PROPN
cjfa-28098	193	51	,	,	PUNCT
cjfa-28098	193	52	2013	2013	NUM
cjfa-28098	193	53	)	)	PUNCT
cjfa-28098	193	54	.	.	PUNCT
cjfa-28098	194	1	finance	finance	NOUN
cjfa-28098	194	2	scholars	scholar	NOUN
cjfa-28098	194	3	have	have	AUX
cjfa-28098	194	4	also	also	ADV
cjfa-28098	194	5	observed	observe	VERB
cjfa-28098	194	6	the	the	DET
cjfa-28098	194	7	cg	cg	NOUN
cjfa-28098	194	8	function	function	NOUN
cjfa-28098	194	9	of	of	ADP
cjfa-28098	194	10	the	the	DET
cjfa-28098	194	11	media	medium	NOUN
cjfa-28098	194	12	.	.	PUNCT
cjfa-28098	195	1	particularly	particularly	ADV
cjfa-28098	195	2	,	,	PUNCT
cjfa-28098	195	3	(	(	PUNCT
cjfa-28098	195	4	dyck	dyck	PROPN
cjfa-28098	195	5	&	&	CCONJ
cjfa-28098	195	6	zingales	zingale	NOUN
cjfa-28098	195	7	,	,	PUNCT
cjfa-28098	195	8	2002	2002	NUM
cjfa-28098	195	9	)	)	PUNCT
cjfa-28098	195	10	studied	study	VERB
cjfa-28098	195	11	the	the	DET
cjfa-28098	195	12	impact	impact	NOUN
cjfa-28098	195	13	of	of	ADP
cjfa-28098	195	14	media	medium	NOUN
cjfa-28098	195	15	force	force	NOUN
cjfa-28098	195	16	on	on	ADP
cjfa-28098	195	17	chief	chief	ADJ
cjfa-28098	195	18	executives	executive	NOUN
cjfa-28098	195	19	and	and	CCONJ
cjfa-28098	195	20	directors	director	NOUN
cjfa-28098	195	21	to	to	PART
cjfa-28098	195	22	act	act	VERB
cjfa-28098	195	23	in	in	ADP
cjfa-28098	195	24	a	a	DET
cjfa-28098	195	25	socially	socially	ADV
cjfa-28098	195	26	legitimate	legitimate	ADJ
cjfa-28098	195	27	way	way	NOUN
cjfa-28098	195	28	found	find	VERB
cjfa-28098	195	29	that	that	SCONJ
cjfa-28098	195	30	media	medium	NOUN
cjfa-28098	195	31	influence	influence	NOUN
cjfa-28098	195	32	company	company	NOUN
cjfa-28098	195	33	strategy	strategy	NOUN
cjfa-28098	195	34	concerning	concern	VERB
cjfa-28098	195	35	the	the	DET
cjfa-28098	195	36	environment	environment	NOUN
cjfa-28098	195	37	and	and	CCONJ
cjfa-28098	195	38	stakeholder	stakeholder	NOUN
cjfa-28098	195	39	’s	’s	PART
cjfa-28098	195	40	interest	interest	NOUN
cjfa-28098	195	41	.	.	PUNCT
cjfa-28098	196	1	(	(	PUNCT
cjfa-28098	196	2	farber	farber	PROPN
cjfa-28098	196	3	,	,	PUNCT
cjfa-28098	196	4	2005)found	2005)found	ADV
cjfa-28098	196	5	that	that	PRON
cjfa-28098	196	6	corporation	corporation	NOUN
cjfa-28098	196	7	’s	’s	AUX
cjfa-28098	196	8	convicted	convict	VERB
cjfa-28098	196	9	with	with	ADP
cjfa-28098	196	10	fraudulent	fraudulent	ADJ
cjfa-28098	196	11	activities	activity	NOUN
cjfa-28098	196	12	by	by	ADP
cjfa-28098	196	13	the	the	DET
cjfa-28098	196	14	security	security	NOUN
cjfa-28098	196	15	exchange	exchange	NOUN
cjfa-28098	196	16	commission	commission	NOUN
cjfa-28098	196	17	are	be	AUX
cjfa-28098	196	18	likely	likely	ADJ
cjfa-28098	196	19	to	to	PART
cjfa-28098	196	20	practice	practice	VERB
cjfa-28098	196	21	inferior	inferior	ADJ
cjfa-28098	196	22	governance	governance	NOUN
cjfa-28098	196	23	,	,	PUNCT
cjfa-28098	196	24	and	and	CCONJ
cjfa-28098	196	25	it	it	PRON
cjfa-28098	196	26	expects	expect	VERB
cjfa-28098	196	27	to	to	PART
cjfa-28098	196	28	improve	improve	VERB
cjfa-28098	196	29	from	from	ADP
cjfa-28098	196	30	the	the	DET
cjfa-28098	196	31	average	average	ADJ
cjfa-28098	196	32	scale	scale	NOUN
cjfa-28098	196	33	within	within	ADP
cjfa-28098	196	34	the	the	DET
cjfa-28098	196	35	next	next	ADJ
cjfa-28098	196	36	three	three	NUM
cjfa-28098	196	37	years	year	NOUN
cjfa-28098	196	38	.	.	PUNCT
cjfa-28098	197	1	similar	similar	ADJ
cjfa-28098	197	2	to	to	ADP
cjfa-28098	197	3	this	this	PRON
cjfa-28098	197	4	(	(	PUNCT
cjfa-28098	197	5	van	van	PROPN
cjfa-28098	197	6	ees	ees	PROPN
cjfa-28098	197	7	,	,	PUNCT
cjfa-28098	197	8	gabrielsson	gabrielsson	NOUN
cjfa-28098	197	9	&	&	CCONJ
cjfa-28098	197	10	huse	huse	PROPN
cjfa-28098	197	11	,	,	PUNCT
cjfa-28098	197	12	2009	2009	NUM
cjfa-28098	197	13	)	)	PUNCT
cjfa-28098	197	14	convey	convey	VERB
cjfa-28098	197	15	that	that	PRON
cjfa-28098	197	16	board	board	NOUN
cjfa-28098	197	17	formation	formation	NOUN
cjfa-28098	197	18	improves	improve	VERB
cjfa-28098	197	19	after	after	ADP
cjfa-28098	197	20	legal	legal	ADJ
cjfa-28098	197	21	actions	action	NOUN
cjfa-28098	197	22	.	.	PUNCT
cjfa-28098	198	1	manager	manager	NOUN
cjfa-28098	198	2	’s	’s	PART
cjfa-28098	198	3	reputation	reputation	NOUN
cjfa-28098	198	4	concertn	concertn	ADJ
cjfa-28098	198	5	manager	manager	NOUN
cjfa-28098	198	6	’s	’s	PART
cjfa-28098	198	7	concern	concern	NOUN
cjfa-28098	198	8	for	for	ADP
cjfa-28098	198	9	market	market	NOUN
cjfa-28098	198	10	reputation	reputation	NOUN
cjfa-28098	198	11	plays	play	VERB
cjfa-28098	198	12	an	an	DET
cjfa-28098	198	13	important	important	ADJ
cjfa-28098	198	14	role	role	NOUN
cjfa-28098	198	15	to	to	PART
cjfa-28098	198	16	control	control	VERB
cjfa-28098	198	17	managerial	managerial	ADJ
cjfa-28098	198	18	actions	action	NOUN
cjfa-28098	198	19	.	.	PUNCT
cjfa-28098	199	1	fama	fama	PROPN
cjfa-28098	199	2	(	(	PUNCT
cjfa-28098	199	3	1980	1980	NUM
cjfa-28098	199	4	)	)	PUNCT
cjfa-28098	199	5	and	and	CCONJ
cjfa-28098	199	6	(	(	PUNCT
cjfa-28098	199	7	lewis	lewis	PROPN
cjfa-28098	199	8	,	,	PUNCT
cjfa-28098	199	9	2003	2003	NUM
cjfa-28098	199	10	)	)	PUNCT
cjfa-28098	199	11	argues	argue	VERB
cjfa-28098	199	12	that	that	SCONJ
cjfa-28098	199	13	mangers	manger	NOUN
cjfa-28098	199	14	try	try	VERB
cjfa-28098	199	15	to	to	PART
cjfa-28098	199	16	maximize	maximize	VERB
cjfa-28098	199	17	shareholders	shareholder	NOUN
cjfa-28098	199	18	value	value	NOUN
cjfa-28098	199	19	with	with	ADP
cjfa-28098	199	20	a	a	DET
cjfa-28098	199	21	view	view	NOUN
cjfa-28098	199	22	to	to	PART
cjfa-28098	199	23	raise	raise	VERB
cjfa-28098	199	24	their	their	PRON
cjfa-28098	199	25	reputation	reputation	NOUN
cjfa-28098	199	26	in	in	ADP
cjfa-28098	199	27	the	the	DET
cjfa-28098	199	28	labor	labor	NOUN
cjfa-28098	199	29	market	market	NOUN
cjfa-28098	199	30	even	even	ADV
cjfa-28098	199	31	when	when	SCONJ
cjfa-28098	199	32	there	there	PRON
cjfa-28098	199	33	is	be	VERB
cjfa-28098	199	34	no	no	DET
cjfa-28098	199	35	monetary	monetary	ADJ
cjfa-28098	199	36	association	association	NOUN
cjfa-28098	199	37	between	between	ADP
cjfa-28098	199	38	managerial	managerial	ADJ
cjfa-28098	199	39	compensation	compensation	NOUN
cjfa-28098	199	40	and	and	CCONJ
cjfa-28098	199	41	wealth	wealth	NOUN
cjfa-28098	199	42	maximization	maximization	NOUN
cjfa-28098	199	43	of	of	ADP
cjfa-28098	199	44	investors	investor	NOUN
cjfa-28098	199	45	.	.	PUNCT
cjfa-28098	200	1	conversely	conversely	ADV
cjfa-28098	200	2	,	,	PUNCT
cjfa-28098	200	3	(	(	PUNCT
cjfa-28098	200	4	holmström	holmström	NOUN
cjfa-28098	200	5	,	,	PUNCT
cjfa-28098	200	6	1999	1999	NUM
cjfa-28098	200	7	)	)	PUNCT
cjfa-28098	200	8	exhibited	exhibit	VERB
cjfa-28098	200	9	a	a	DET
cjfa-28098	200	10	model	model	NOUN
cjfa-28098	200	11	which	which	PRON
cjfa-28098	200	12	proofs	proof	VERB
cjfa-28098	200	13	that	that	SCONJ
cjfa-28098	200	14	reputation	reputation	NOUN
cjfa-28098	200	15	is	be	AUX
cjfa-28098	200	16	not	not	PART
cjfa-28098	200	17	significant	significant	ADJ
cjfa-28098	200	18	enough	enough	ADJ
cjfa-28098	200	19	eliminate	eliminate	NOUN
cjfa-28098	200	20	agency	agency	NOUN
cjfa-28098	200	21	problem	problem	NOUN
cjfa-28098	200	22	.	.	PUNCT
cjfa-28098	201	1	moreover	moreover	ADV
cjfa-28098	201	2	,	,	PUNCT
cjfa-28098	201	3	(	(	PUNCT
cjfa-28098	201	4	holmström	holmström	PROPN
cjfa-28098	201	5	&	&	CCONJ
cjfa-28098	201	6	costa	costa	PROPN
cjfa-28098	201	7	,	,	PUNCT
cjfa-28098	201	8	1986	1986	NUM
cjfa-28098	201	9	;	;	PUNCT
cjfa-28098	201	10	holmström	holmström	NOUN
cjfa-28098	201	11	,	,	PUNCT
cjfa-28098	201	12	1999	1999	NUM
cjfa-28098	201	13	)	)	PUNCT
cjfa-28098	201	14	in	in	ADP
cjfa-28098	201	15	their	their	PRON
cjfa-28098	201	16	extended	extended	ADJ
cjfa-28098	201	17	research	research	NOUN
cjfa-28098	201	18	findings	finding	NOUN
cjfa-28098	201	19	presented	present	VERB
cjfa-28098	201	20	that	that	SCONJ
cjfa-28098	201	21	executives	executive	NOUN
cjfa-28098	201	22	career	career	NOUN
cjfa-28098	201	23	concerns	concern	NOUN
cjfa-28098	201	24	might	might	AUX
cjfa-28098	201	25	in	in	ADP
cjfa-28098	201	26	fact	fact	NOUN
cjfa-28098	201	27	guide	guide	VERB
cjfa-28098	201	28	them	they	PRON
cjfa-28098	201	29	to	to	PART
cjfa-28098	201	30	act	act	VERB
cjfa-28098	201	31	disfavor	disfavor	NOUN
cjfa-28098	201	32	of	of	ADP
cjfa-28098	201	33	investor	investor	NOUN
cjfa-28098	201	34	’s	’s	PART
cjfa-28098	201	35	value	value	NOUN
cjfa-28098	201	36	maximization	maximization	NOUN
cjfa-28098	201	37	.	.	PUNCT
cjfa-28098	202	1	internal	internal	ADJ
cjfa-28098	202	2	corporate	corporate	ADJ
cjfa-28098	202	3	governance	governance	NOUN
cjfa-28098	202	4	stimulator	stimulator	NOUN
cjfa-28098	202	5	bond	bond	NOUN
cjfa-28098	202	6	composition	composition	NOUN
cjfa-28098	202	7	many	many	ADJ
cjfa-28098	202	8	of	of	ADP
cjfa-28098	202	9	the	the	DET
cjfa-28098	202	10	earlier	early	ADJ
cjfa-28098	202	11	studies	study	NOUN
cjfa-28098	202	12	have	have	AUX
cjfa-28098	202	13	strongly	strongly	ADV
cjfa-28098	202	14	specified	specify	VERB
cjfa-28098	202	15	that	that	SCONJ
cjfa-28098	202	16	bod	bod	ADJ
cjfa-28098	202	17	composition	composition	NOUN
cjfa-28098	202	18	is	be	AUX
cjfa-28098	202	19	one	one	NUM
cjfa-28098	202	20	of	of	ADP
cjfa-28098	202	21	the	the	DET
cjfa-28098	202	22	main	main	ADJ
cjfa-28098	202	23	prerequisites	prerequisite	NOUN
cjfa-28098	202	24	of	of	ADP
cjfa-28098	202	25	cg	cg	NOUN
cjfa-28098	202	26	.	.	PUNCT
cjfa-28098	203	1	possessing	possess	VERB
cjfa-28098	203	2	the	the	DET
cjfa-28098	203	3	role	role	NOUN
cjfa-28098	203	4	of	of	ADP
cjfa-28098	203	5	guardian	guardian	NOUN
cjfa-28098	203	6	and	and	CCONJ
cjfa-28098	203	7	holding	hold	VERB
cjfa-28098	203	8	the	the	DET
cjfa-28098	203	9	obligation	obligation	NOUN
cjfa-28098	203	10	to	to	PART
cjfa-28098	203	11	deliver	deliver	VERB
cjfa-28098	203	12	strategic	strategic	ADJ
cjfa-28098	203	13	objective	objective	NOUN
cjfa-28098	203	14	and	and	CCONJ
cjfa-28098	203	15	supervision	supervision	NOUN
cjfa-28098	203	16	,	,	PUNCT
cjfa-28098	203	17	the	the	DET
cjfa-28098	203	18	bdo	bdo	NOUN
cjfa-28098	203	19	’s	’s	PART
cjfa-28098	203	20	part	part	NOUN
cjfa-28098	203	21	in	in	ADP
cjfa-28098	203	22	corporate	corporate	ADJ
cjfa-28098	203	23	governance	governance	NOUN
cjfa-28098	203	24	is	be	AUX
cjfa-28098	203	25	vital	vital	ADJ
cjfa-28098	203	26	.	.	PUNCT
cjfa-28098	204	1	usually	usually	ADV
cjfa-28098	204	2	,	,	PUNCT
cjfa-28098	204	3	study	study	NOUN
cjfa-28098	204	4	on	on	ADP
cjfa-28098	204	5	bod	bod	PROPN
cjfa-28098	204	6	has	have	AUX
cjfa-28098	204	7	concentrated	concentrate	VERB
cjfa-28098	204	8	on	on	ADP
cjfa-28098	204	9	the	the	DET
cjfa-28098	204	10	association	association	NOUN
cjfa-28098	204	11	between	between	ADP
cjfa-28098	204	12	board	board	NOUN
cjfa-28098	204	13	construction	construction	NOUN
cjfa-28098	204	14	and	and	CCONJ
cjfa-28098	204	15	the	the	DET
cjfa-28098	204	16	value	value	NOUN
cjfa-28098	204	17	of	of	ADP
cjfa-28098	204	18	the	the	DET
cjfa-28098	204	19	corporations	corporation	NOUN
cjfa-28098	204	20	,	,	PUNCT
cjfa-28098	204	21	cg	cg	NOUN
cjfa-28098	204	22	alternatives	alternative	NOUN
cjfa-28098	204	23	,	,	PUNCT
cjfa-28098	204	24	and	and	CCONJ
cjfa-28098	204	25	financial	financial	ADJ
cjfa-28098	204	26	management	management	NOUN
cjfa-28098	204	27	decisions	decision	NOUN
cjfa-28098	204	28	along	along	ADP
cjfa-28098	204	29	with	with	ADP
cjfa-28098	204	30	the	the	DET
cjfa-28098	204	31	profitability	profitability	NOUN
cjfa-28098	204	32	.	.	PUNCT
cjfa-28098	205	1	(	(	PUNCT
cjfa-28098	205	2	fama	fama	PROPN
cjfa-28098	205	3	&	&	CCONJ
cjfa-28098	205	4	jensen	jensen	PROPN
cjfa-28098	205	5	,	,	PUNCT
cjfa-28098	205	6	1983b	1983b	NUM
cjfa-28098	205	7	)	)	PUNCT
cjfa-28098	205	8	describe	describe	VERB
cjfa-28098	205	9	the	the	DET
cjfa-28098	205	10	tasks	task	NOUN
cjfa-28098	205	11	of	of	ADP
cjfa-28098	205	12	the	the	DET
cjfa-28098	205	13	bod	bod	NOUN
cjfa-28098	205	14	as	as	ADP
cjfa-28098	205	15	being	be	AUX
cjfa-28098	205	16	equally	equally	ADV
cjfa-28098	205	17	the	the	DET
cjfa-28098	205	18	endorsement	endorsement	NOUN
cjfa-28098	205	19	of	of	ADP
cjfa-28098	205	20	executive	executive	ADJ
cjfa-28098	205	21	judgments	judgment	NOUN
cjfa-28098	205	22	and	and	CCONJ
cjfa-28098	205	23	the	the	DET
cjfa-28098	205	24	supervising	supervising	NOUN
cjfa-28098	205	25	of	of	ADP
cjfa-28098	205	26	managerial	managerial	ADJ
cjfa-28098	205	27	achievement	achievement	NOUN
cjfa-28098	205	28	.	.	PUNCT
cjfa-28098	206	1	atm	atm	PROPN
cjfa-28098	206	2	adnan	adnan	PROPN
cjfa-28098	206	3	,	,	PUNCT
cjfa-28098	206	4	nisar	nisar	PROPN
cjfa-28098	206	5	ahmed22	ahmed22	NOUN
cjfa-28098	207	1	this	this	PRON
cjfa-28098	207	2	conveys	convey	VERB
cjfa-28098	207	3	that	that	SCONJ
cjfa-28098	207	4	the	the	DET
cjfa-28098	207	5	possibility	possibility	NOUN
cjfa-28098	207	6	of	of	ADP
cjfa-28098	207	7	executive	executive	ADJ
cjfa-28098	207	8	complicity	complicity	NOUN
cjfa-28098	207	9	could	could	AUX
cjfa-28098	207	10	be	be	AUX
cjfa-28098	207	11	abridged	abridge	VERB
cjfa-28098	207	12	by	by	ADP
cjfa-28098	207	13	the	the	DET
cjfa-28098	207	14	existence	existence	NOUN
cjfa-28098	207	15	of	of	ADP
cjfa-28098	207	16	external	external	ADJ
cjfa-28098	207	17	directors	director	NOUN
cjfa-28098	207	18	,	,	PUNCT
cjfa-28098	207	19	who	who	PRON
cjfa-28098	207	20	might	might	AUX
cjfa-28098	207	21	therefore	therefore	ADV
cjfa-28098	207	22	be	be	AUX
cjfa-28098	207	23	viewed	view	VERB
cjfa-28098	207	24	as	as	ADP
cjfa-28098	207	25	additional	additional	ADJ
cjfa-28098	207	26	prospective	prospective	ADJ
cjfa-28098	207	27	basis	basis	NOUN
cjfa-28098	207	28	of	of	ADP
cjfa-28098	207	29	corporate	corporate	ADJ
cjfa-28098	207	30	supervision	supervision	NOUN
cjfa-28098	207	31	(	(	PUNCT
cjfa-28098	207	32	weisbach	weisbach	NOUN
cjfa-28098	207	33	,	,	PUNCT
cjfa-28098	207	34	1988	1988	NUM
cjfa-28098	207	35	)	)	PUNCT
cjfa-28098	207	36	.	.	PUNCT
cjfa-28098	208	1	according	accord	VERB
cjfa-28098	208	2	to	to	ADP
cjfa-28098	208	3	the	the	DET
cjfa-28098	208	4	above	above	ADJ
cjfa-28098	208	5	idea	idea	NOUN
cjfa-28098	208	6	bod	bod	NOUN
cjfa-28098	208	7	are	be	AUX
cjfa-28098	208	8	perfectly	perfectly	ADV
cjfa-28098	208	9	viewed	view	VERB
cjfa-28098	208	10	as	as	ADP
cjfa-28098	208	11	expert	expert	ADJ
cjfa-28098	208	12	judges	judge	NOUN
cjfa-28098	208	13	who	who	PRON
cjfa-28098	208	14	have	have	VERB
cjfa-28098	208	15	the	the	DET
cjfa-28098	208	16	duty	duty	NOUN
cjfa-28098	208	17	of	of	ADP
cjfa-28098	208	18	administering	administer	VERB
cjfa-28098	208	19	the	the	DET
cjfa-28098	208	20	rivalry	rivalry	NOUN
cjfa-28098	208	21	among	among	ADP
cjfa-28098	208	22	top	top	ADJ
cjfa-28098	208	23	executives	executive	NOUN
cjfa-28098	208	24	and	and	CCONJ
cjfa-28098	208	25	are	be	AUX
cjfa-28098	208	26	restricted	restrict	VERB
cjfa-28098	208	27	themselves	themselves	PRON
cjfa-28098	208	28	by	by	ADP
cjfa-28098	208	29	an	an	DET
cjfa-28098	208	30	outside	outside	ADJ
cjfa-28098	208	31	market	market	NOUN
cjfa-28098	208	32	of	of	ADP
cjfa-28098	208	33	managers	manager	NOUN
cjfa-28098	208	34	/	/	SYM
cjfa-28098	208	35	executives	executive	NOUN
cjfa-28098	208	36	which	which	PRON
cjfa-28098	208	37	review	review	VERB
cjfa-28098	208	38	and	and	CCONJ
cjfa-28098	208	39	values	value	VERB
cjfa-28098	208	40	their	their	PRON
cjfa-28098	208	41	contributions	contribution	NOUN
cjfa-28098	208	42	as	as	ADP
cjfa-28098	208	43	arbitrators	arbitrator	NOUN
cjfa-28098	208	44	.	.	PUNCT
cjfa-28098	209	1	in	in	ADP
cjfa-28098	209	2	line	line	NOUN
cjfa-28098	209	3	with	with	ADP
cjfa-28098	209	4	the	the	DET
cjfa-28098	209	5	agreement	agreement	NOUN
cjfa-28098	209	6	of	of	ADP
cjfa-28098	209	7	the	the	DET
cjfa-28098	209	8	significance	significance	NOUN
cjfa-28098	209	9	of	of	ADP
cjfa-28098	209	10	outside	outside	ADJ
cjfa-28098	209	11	directors	director	NOUN
cjfa-28098	209	12	as	as	ADP
cjfa-28098	209	13	observers	observer	NOUN
cjfa-28098	209	14	,	,	PUNCT
cjfa-28098	209	15	weisbach	weisbach	NOUN
cjfa-28098	209	16	(	(	PUNCT
cjfa-28098	209	17	1988	1988	NUM
cjfa-28098	209	18	)	)	PUNCT
cjfa-28098	209	19	specified	specify	VERB
cjfa-28098	209	20	that	that	SCONJ
cjfa-28098	209	21	executives	executive	NOUN
cjfa-28098	209	22	of	of	ADP
cjfa-28098	209	23	the	the	DET
cjfa-28098	209	24	poorly	poorly	ADV
cjfa-28098	209	25	performed	perform	VERB
cjfa-28098	209	26	corporations	corporation	NOUN
cjfa-28098	209	27	are	be	AUX
cjfa-28098	209	28	highly	highly	ADV
cjfa-28098	209	29	expected	expect	VERB
cjfa-28098	209	30	to	to	PART
cjfa-28098	209	31	be	be	AUX
cjfa-28098	209	32	changed	change	VERB
cjfa-28098	209	33	if	if	SCONJ
cjfa-28098	209	34	the	the	DET
cjfa-28098	209	35	firm	firm	NOUN
cjfa-28098	209	36	has	have	AUX
cjfa-28098	209	37	got	get	VERB
cjfa-28098	209	38	more	more	ADJ
cjfa-28098	209	39	external	external	ADJ
cjfa-28098	209	40	board	board	NOUN
cjfa-28098	209	41	members	member	NOUN
cjfa-28098	209	42	.	.	PUNCT
cjfa-28098	210	1	however	however	ADV
cjfa-28098	210	2	,	,	PUNCT
cjfa-28098	210	3	(	(	PUNCT
cjfa-28098	210	4	dahya	dahya	PROPN
cjfa-28098	210	5	,	,	PUNCT
cjfa-28098	210	6	lonie	lonie	PROPN
cjfa-28098	210	7	&	&	CCONJ
cjfa-28098	210	8	power	power	NOUN
cjfa-28098	210	9	,	,	PUNCT
cjfa-28098	210	10	1998	1998	NUM
cjfa-28098	210	11	)	)	PUNCT
cjfa-28098	210	12	exhibited	exhibit	VERB
cjfa-28098	210	13	that	that	SCONJ
cjfa-28098	210	14	the	the	DET
cjfa-28098	210	15	likelihood	likelihood	NOUN
cjfa-28098	210	16	of	of	ADP
cjfa-28098	210	17	replacing	replace	VERB
cjfa-28098	210	18	of	of	ADP
cjfa-28098	210	19	a	a	DET
cjfa-28098	210	20	top	top	ADJ
cjfa-28098	210	21	manager	manager	NOUN
cjfa-28098	210	22	from	from	ADP
cjfa-28098	210	23	firms	firm	NOUN
cjfa-28098	210	24	is	be	AUX
cjfa-28098	210	25	negatively	negatively	ADV
cjfa-28098	210	26	connected	connect	VERB
cjfa-28098	210	27	to	to	ADP
cjfa-28098	210	28	his	his	PRON
cjfa-28098	210	29	/	/	SYM
cjfa-28098	210	30	her	her	PRON
cjfa-28098	210	31	ownership	ownership	NOUN
cjfa-28098	210	32	position	position	NOUN
cjfa-28098	210	33	.	.	PUNCT
cjfa-28098	211	1	likewise	likewise	ADV
cjfa-28098	211	2	,	,	PUNCT
cjfa-28098	211	3	(	(	PUNCT
cjfa-28098	211	4	borokhovich	borokhovich	NOUN
cjfa-28098	211	5	,	,	PUNCT
cjfa-28098	211	6	parrino	parrino	NOUN
cjfa-28098	211	7	&	&	CCONJ
cjfa-28098	211	8	trapani	trapani	PROPN
cjfa-28098	211	9	,	,	PUNCT
cjfa-28098	211	10	1996	1996	NUM
cjfa-28098	211	11	)	)	PUNCT
cjfa-28098	211	12	showed	show	VERB
cjfa-28098	211	13	an	an	DET
cjfa-28098	211	14	affirmative	affirmative	ADJ
cjfa-28098	211	15	association	association	NOUN
cjfa-28098	211	16	involving	involve	VERB
cjfa-28098	211	17	the	the	DET
cjfa-28098	211	18	portion	portion	NOUN
cjfa-28098	211	19	of	of	ADP
cjfa-28098	211	20	external	external	ADJ
cjfa-28098	211	21	board	board	NOUN
cjfa-28098	211	22	members	member	NOUN
cjfa-28098	211	23	and	and	CCONJ
cjfa-28098	211	24	the	the	DET
cjfa-28098	211	25	probability	probability	NOUN
cjfa-28098	211	26	of	of	ADP
cjfa-28098	211	27	the	the	DET
cjfa-28098	211	28	appointment	appointment	NOUN
cjfa-28098	211	29	of	of	ADP
cjfa-28098	211	30	an	an	DET
cjfa-28098	211	31	external	external	ADJ
cjfa-28098	211	32	chief	chief	ADJ
cjfa-28098	211	33	executive	executive	NOUN
cjfa-28098	211	34	.	.	PUNCT
cjfa-28098	212	1	by	by	ADP
cjfa-28098	212	2	describing	describe	VERB
cjfa-28098	212	3	the	the	DET
cjfa-28098	212	4	significance	significance	NOUN
cjfa-28098	212	5	of	of	ADP
cjfa-28098	212	6	the	the	DET
cjfa-28098	212	7	external	external	ADJ
cjfa-28098	212	8	directors	director	NOUN
cjfa-28098	212	9	in	in	ADP
cjfa-28098	212	10	bod	bod	PROPN
cjfa-28098	212	11	,	,	PUNCT
cjfa-28098	212	12	(	(	PUNCT
cjfa-28098	212	13	rosenstein	rosenstein	PROPN
cjfa-28098	212	14	&	&	CCONJ
cjfa-28098	212	15	wyatt	wyatt	PROPN
cjfa-28098	212	16	,	,	PUNCT
cjfa-28098	212	17	1990	1990	NUM
cjfa-28098	212	18	)	)	PUNCT
cjfa-28098	212	19	specified	specify	VERB
cjfa-28098	212	20	unusual	unusual	ADJ
cjfa-28098	212	21	amplification	amplification	NOUN
cjfa-28098	212	22	in	in	ADP
cjfa-28098	212	23	corporation	corporation	NOUN
cjfa-28098	212	24	’s	’s	PART
cjfa-28098	212	25	value	value	NOUN
cjfa-28098	212	26	followed	follow	VERB
cjfa-28098	212	27	by	by	ADP
cjfa-28098	212	28	the	the	DET
cjfa-28098	212	29	joining	joining	NOUN
cjfa-28098	212	30	of	of	ADP
cjfa-28098	212	31	the	the	DET
cjfa-28098	212	32	additional	additional	ADJ
cjfa-28098	212	33	external	external	ADJ
cjfa-28098	212	34	board	board	NOUN
cjfa-28098	212	35	members	member	NOUN
cjfa-28098	212	36	.	.	PUNCT
cjfa-28098	213	1	additionally	additionally	ADV
cjfa-28098	213	2	,	,	PUNCT
cjfa-28098	213	3	(	(	PUNCT
cjfa-28098	213	4	hermalin	hermalin	NOUN
cjfa-28098	213	5	&	&	CCONJ
cjfa-28098	213	6	weisbach	weisbach	NOUN
cjfa-28098	213	7	,	,	PUNCT
cjfa-28098	213	8	1988	1988	NUM
cjfa-28098	213	9	)	)	PUNCT
cjfa-28098	213	10	and	and	CCONJ
cjfa-28098	213	11	more	more	ADV
cjfa-28098	213	12	recently	recently	ADV
cjfa-28098	213	13	(	(	PUNCT
cjfa-28098	213	14	peng	peng	PROPN
cjfa-28098	213	15	,	,	PUNCT
cjfa-28098	213	16	buck	buck	PROPN
cjfa-28098	213	17	&	&	CCONJ
cjfa-28098	213	18	filatotcheval	filatotcheval	PROPN
cjfa-28098	213	19	,	,	PUNCT
cjfa-28098	213	20	2003	2003	NUM
cjfa-28098	213	21	;	;	PUNCT
cjfa-28098	213	22	rhoades	rhoade	NOUN
cjfa-28098	213	23	,	,	PUNCT
cjfa-28098	213	24	rechner	rechner	PROPN
cjfa-28098	213	25	&	&	CCONJ
cjfa-28098	213	26	sundaramurthy	sundaramurthy	PROPN
cjfa-28098	213	27	,	,	PUNCT
cjfa-28098	213	28	2000	2000	NUM
cjfa-28098	213	29	)	)	PUNCT
cjfa-28098	213	30	found	find	VERB
cjfa-28098	213	31	corporations	corporation	NOUN
cjfa-28098	213	32	tend	tend	VERB
cjfa-28098	213	33	to	to	PART
cjfa-28098	213	34	increase	increase	VERB
cjfa-28098	213	35	the	the	DET
cjfa-28098	213	36	appointment	appointment	NOUN
cjfa-28098	213	37	of	of	ADP
cjfa-28098	213	38	the	the	DET
cjfa-28098	213	39	outside	outside	ADJ
cjfa-28098	213	40	directors	director	NOUN
cjfa-28098	213	41	compared	compare	VERB
cjfa-28098	213	42	to	to	ADP
cjfa-28098	213	43	internal	internal	ADJ
cjfa-28098	213	44	due	due	ADP
cjfa-28098	213	45	to	to	ADP
cjfa-28098	213	46	the	the	DET
cjfa-28098	213	47	prolonged	prolonged	ADJ
cjfa-28098	213	48	weak	weak	ADJ
cjfa-28098	213	49	performance	performance	NOUN
cjfa-28098	213	50	.	.	PUNCT
cjfa-28098	214	1	a	a	DET
cjfa-28098	214	2	more	more	ADV
cjfa-28098	214	3	theoretical	theoretical	ADJ
cjfa-28098	214	4	aspect	aspect	NOUN
cjfa-28098	214	5	of	of	ADP
cjfa-28098	214	6	the	the	DET
cjfa-28098	214	7	bod	bod	NOUN
cjfa-28098	214	8	has	have	AUX
cjfa-28098	214	9	been	be	AUX
cjfa-28098	214	10	studied	study	VERB
cjfa-28098	214	11	by	by	ADP
cjfa-28098	214	12	(	(	PUNCT
cjfa-28098	214	13	harris	harris	PROPN
cjfa-28098	214	14	&	&	CCONJ
cjfa-28098	214	15	raviv	raviv	PROPN
cjfa-28098	214	16	,	,	PUNCT
cjfa-28098	214	17	2005	2005	NUM
cjfa-28098	214	18	)	)	PUNCT
cjfa-28098	214	19	and	and	CCONJ
cjfa-28098	214	20	(	(	PUNCT
cjfa-28098	214	21	raheja	raheja	PROPN
cjfa-28098	214	22	,	,	PUNCT
cjfa-28098	214	23	2005	2005	NUM
cjfa-28098	214	24	)	)	PUNCT
cjfa-28098	214	25	.	.	PUNCT
cjfa-28098	215	1	they	they	PRON
cjfa-28098	215	2	mainly	mainly	ADV
cjfa-28098	215	3	focused	focus	VERB
cjfa-28098	215	4	on	on	ADP
cjfa-28098	215	5	the	the	DET
cjfa-28098	215	6	qualitative	qualitative	ADJ
cjfa-28098	215	7	characteristics	characteristic	NOUN
cjfa-28098	215	8	of	of	ADP
cjfa-28098	215	9	the	the	DET
cjfa-28098	215	10	board	board	NOUN
cjfa-28098	215	11	such	such	ADJ
cjfa-28098	215	12	as	as	ADP
cjfa-28098	215	13	the	the	DET
cjfa-28098	215	14	ideal	ideal	ADJ
cjfa-28098	215	15	responsibilities	responsibility	NOUN
cjfa-28098	215	16	of	of	ADP
cjfa-28098	215	17	the	the	DET
cjfa-28098	215	18	boards	board	NOUN
cjfa-28098	215	19	regarding	regard	VERB
cjfa-28098	215	20	corporate	corporate	ADJ
cjfa-28098	215	21	supervision	supervision	NOUN
cjfa-28098	215	22	,	,	PUNCT
cjfa-28098	215	23	the	the	DET
cjfa-28098	215	24	best	good	ADJ
cjfa-28098	215	25	possible	possible	ADJ
cjfa-28098	215	26	board	board	NOUN
cjfa-28098	215	27	composition	composition	NOUN
cjfa-28098	215	28	and	and	CCONJ
cjfa-28098	215	29	board	board	NOUN
cjfa-28098	215	30	’s	’s	PART
cjfa-28098	215	31	autonomy	autonomy	NOUN
cjfa-28098	215	32	.	.	PUNCT
cjfa-28098	216	1	(	(	PUNCT
cjfa-28098	216	2	brickley	brickley	ADJ
cjfa-28098	216	3	,	,	PUNCT
cjfa-28098	216	4	coles	coles	PROPN
cjfa-28098	216	5	&	&	CCONJ
cjfa-28098	216	6	terry	terry	PROPN
cjfa-28098	216	7	,	,	PUNCT
cjfa-28098	216	8	1994	1994	NUM
cjfa-28098	216	9	)	)	PUNCT
cjfa-28098	216	10	exhibited	exhibit	VERB
cjfa-28098	216	11	an	an	DET
cjfa-28098	216	12	affirmative	affirmative	ADJ
cjfa-28098	216	13	share	share	NOUN
cjfa-28098	216	14	price	price	NOUN
cjfa-28098	216	15	movement	movement	NOUN
cjfa-28098	216	16	in	in	ADP
cjfa-28098	216	17	association	association	NOUN
cjfa-28098	216	18	to	to	ADP
cjfa-28098	216	19	the	the	DET
cjfa-28098	216	20	dominance	dominance	NOUN
cjfa-28098	216	21	of	of	ADP
cjfa-28098	216	22	the	the	DET
cjfa-28098	216	23	external	external	ADJ
cjfa-28098	216	24	directors	director	NOUN
cjfa-28098	216	25	in	in	ADP
cjfa-28098	216	26	the	the	DET
cjfa-28098	216	27	board	board	NOUN
cjfa-28098	216	28	while	while	SCONJ
cjfa-28098	216	29	negative	negative	ADJ
cjfa-28098	216	30	relation	relation	NOUN
cjfa-28098	216	31	observed	observe	VERB
cjfa-28098	216	32	when	when	SCONJ
cjfa-28098	216	33	external	external	ADJ
cjfa-28098	216	34	directors	director	NOUN
cjfa-28098	216	35	hold	hold	VERB
cjfa-28098	216	36	minority	minority	NOUN
cjfa-28098	216	37	position	position	NOUN
cjfa-28098	216	38	.	.	PUNCT
cjfa-28098	217	1	in	in	ADP
cjfa-28098	217	2	line	line	NOUN
cjfa-28098	217	3	with	with	ADP
cjfa-28098	217	4	the	the	DET
cjfa-28098	217	5	previous	previous	ADJ
cjfa-28098	217	6	findings	finding	NOUN
cjfa-28098	217	7	(	(	PUNCT
cjfa-28098	217	8	lin	lin	PROPN
cjfa-28098	217	9	,	,	PUNCT
cjfa-28098	217	10	pope	pope	PROPN
cjfa-28098	217	11	&	&	CCONJ
cjfa-28098	217	12	young	young	PROPN
cjfa-28098	217	13	,	,	PUNCT
cjfa-28098	217	14	2003	2003	NUM
cjfa-28098	217	15	)	)	PUNCT
cjfa-28098	217	16	argued	argue	VERB
cjfa-28098	217	17	that	that	SCONJ
cjfa-28098	217	18	stock	stock	NOUN
cjfa-28098	217	19	price	price	NOUN
cjfa-28098	217	20	response	response	NOUN
cjfa-28098	217	21	to	to	ADP
cjfa-28098	217	22	external	external	ADJ
cjfa-28098	217	23	board	board	NOUN
cjfa-28098	217	24	members	member	NOUN
cjfa-28098	217	25	recruitment	recruitment	NOUN
cjfa-28098	217	26	is	be	AUX
cjfa-28098	217	27	considerably	considerably	ADV
cjfa-28098	217	28	more	more	ADV
cjfa-28098	217	29	positive	positive	ADJ
cjfa-28098	217	30	while	while	SCONJ
cjfa-28098	217	31	board	board	NOUN
cjfa-28098	217	32	ownership	ownership	NOUN
cjfa-28098	217	33	is	be	AUX
cjfa-28098	217	34	little	little	ADJ
cjfa-28098	217	35	and	and	CCONJ
cjfa-28098	217	36	the	the	DET
cjfa-28098	217	37	members	member	NOUN
cjfa-28098	217	38	hold	hold	VERB
cjfa-28098	217	39	strong	strong	ADJ
cjfa-28098	217	40	post	post	ADJ
cjfa-28098	217	41	supervisory	supervisory	ADJ
cjfa-28098	217	42	enticement	enticement	NOUN
cjfa-28098	217	43	.	.	PUNCT
cjfa-28098	218	1	in	in	ADP
cjfa-28098	218	2	opposite	opposite	ADJ
cjfa-28098	218	3	,	,	PUNCT
cjfa-28098	218	4	the	the	DET
cjfa-28098	218	5	requirement	requirement	NOUN
cjfa-28098	218	6	of	of	ADP
cjfa-28098	218	7	executive	executive	NOUN
cjfa-28098	218	8	-	-	PUNCT
cjfa-28098	218	9	allied	ally	VERB
cjfa-28098	218	10	external	external	ADJ
cjfa-28098	218	11	members	member	NOUN
cjfa-28098	218	12	does	do	AUX
cjfa-28098	218	13	not	not	PART
cjfa-28098	218	14	seem	seem	VERB
cjfa-28098	218	15	to	to	PART
cjfa-28098	218	16	provide	provide	VERB
cjfa-28098	218	17	wealth	wealth	NOUN
cjfa-28098	218	18	maximization	maximization	NOUN
cjfa-28098	218	19	to	to	ADP
cjfa-28098	218	20	investors	investor	NOUN
cjfa-28098	218	21	.	.	PUNCT
cjfa-28098	219	1	shareholders	shareholder	NOUN
cjfa-28098	219	2	even	even	ADV
cjfa-28098	219	3	in	in	ADP
cjfa-28098	219	4	existence	existence	NOUN
cjfa-28098	219	5	of	of	ADP
cjfa-28098	219	6	acute	acute	ADJ
cjfa-28098	219	7	agency	agency	NOUN
cjfa-28098	219	8	issue	issue	NOUN
cjfa-28098	219	9	.	.	PUNCT
cjfa-28098	220	1	(	(	PUNCT
cjfa-28098	220	2	huang	huang	PROPN
cjfa-28098	220	3	,	,	PUNCT
cjfa-28098	220	4	hsu	hsu	PROPN
cjfa-28098	220	5	,	,	PUNCT
cjfa-28098	220	6	khan	khan	PROPN
cjfa-28098	220	7	&	&	CCONJ
cjfa-28098	220	8	yu	yu	PROPN
cjfa-28098	220	9	,	,	PUNCT
cjfa-28098	220	10	2008	2008	NUM
cjfa-28098	220	11	)	)	PUNCT
cjfa-28098	220	12	showed	show	VERB
cjfa-28098	220	13	extensively	extensively	ADV
cjfa-28098	220	14	affirmative	affirmative	ADJ
cjfa-28098	220	15	responses	response	NOUN
cjfa-28098	220	16	of	of	ADP
cjfa-28098	220	17	share	share	NOUN
cjfa-28098	220	18	prices	price	NOUN
cjfa-28098	220	19	to	to	ADP
cjfa-28098	220	20	the	the	DET
cjfa-28098	220	21	news	news	NOUN
cjfa-28098	220	22	of	of	ADP
cjfa-28098	220	23	external	external	ADJ
cjfa-28098	220	24	director	director	NOUN
cjfa-28098	220	25	’s	’s	PART
cjfa-28098	220	26	appointment	appointment	NOUN
cjfa-28098	220	27	.	.	PUNCT
cjfa-28098	221	1	they	they	PRON
cjfa-28098	221	2	also	also	ADV
cjfa-28098	221	3	ar	ar	VERB
cjfa-28098	221	4	the	the	DET
cjfa-28098	221	5	transformation	transformation	NOUN
cjfa-28098	221	6	of	of	ADP
cjfa-28098	221	7	the	the	DET
cjfa-28098	221	8	corporate	corporate	ADJ
cjfa-28098	221	9	governance	governance	NOUN
cjfa-28098	221	10	model	model	NOUN
cjfa-28098	221	11	…	…	NUM
cjfa-28098	221	12	23	23	NUM
cjfa-28098	221	13	gued	gue	VERB
cjfa-28098	221	14	that	that	SCONJ
cjfa-28098	221	15	unusual	unusual	ADJ
cjfa-28098	221	16	returns	return	NOUN
cjfa-28098	221	17	are	be	AUX
cjfa-28098	221	18	positively	positively	ADV
cjfa-28098	221	19	associated	associate	VERB
cjfa-28098	221	20	with	with	ADP
cjfa-28098	221	21	poor	poor	ADJ
cjfa-28098	221	22	corporate	corporate	ADJ
cjfa-28098	221	23	performance	performance	NOUN
cjfa-28098	221	24	,	,	PUNCT
cjfa-28098	221	25	the	the	DET
cjfa-28098	221	26	ceo	ceo	NOUN
cjfa-28098	221	27	and	and	CCONJ
cjfa-28098	221	28	chairman	chairman	NOUN
cjfa-28098	221	29	of	of	ADP
cjfa-28098	221	30	the	the	DET
cjfa-28098	221	31	board	board	NOUN
cjfa-28098	221	32	are	be	AUX
cjfa-28098	221	33	same	same	ADJ
cjfa-28098	221	34	person	person	NOUN
cjfa-28098	221	35	,	,	PUNCT
cjfa-28098	221	36	more	more	ADV
cjfa-28098	221	37	free	free	ADJ
cjfa-28098	221	38	cash	cash	NOUN
cjfa-28098	221	39	flow	flow	NOUN
cjfa-28098	221	40	,	,	PUNCT
cjfa-28098	221	41	and	and	CCONJ
cjfa-28098	221	42	a	a	DET
cjfa-28098	221	43	high	high	ADJ
cjfa-28098	221	44	extent	extent	NOUN
cjfa-28098	221	45	of	of	ADP
cjfa-28098	221	46	‘	'	PUNCT
cjfa-28098	221	47	information	information	NOUN
cjfa-28098	221	48	asymmetry	asymmetry	NOUN
cjfa-28098	221	49	’	'	PUNCT
cjfa-28098	221	50	.	.	PUNCT
cjfa-28098	222	1	additionally	additionally	ADV
cjfa-28098	222	2	(	(	PUNCT
cjfa-28098	222	3	byrd	byrd	PROPN
cjfa-28098	222	4	&	&	CCONJ
cjfa-28098	222	5	hickman	hickman	PROPN
cjfa-28098	222	6	,	,	PUNCT
cjfa-28098	222	7	1992	1992	NUM
cjfa-28098	222	8	)	)	PUNCT
cjfa-28098	222	9	exhibited	exhibit	VERB
cjfa-28098	222	10	that	that	SCONJ
cjfa-28098	222	11	the	the	DET
cjfa-28098	222	12	capital	capital	NOUN
cjfa-28098	222	13	market	market	NOUN
cjfa-28098	222	14	reaction	reaction	NOUN
cjfa-28098	222	15	to	to	ADP
cjfa-28098	222	16	targeting	target	VERB
cjfa-28098	222	17	firms	firm	NOUN
cjfa-28098	222	18	that	that	PRON
cjfa-28098	222	19	publicize	publicize	VERB
cjfa-28098	222	20	bidding	bidding	NOUN
cjfa-28098	222	21	proposal	proposal	NOUN
cjfa-28098	222	22	is	be	AUX
cjfa-28098	222	23	more	more	ADV
cjfa-28098	222	24	positive	positive	ADJ
cjfa-28098	222	25	when	when	SCONJ
cjfa-28098	222	26	bod	bod	ADJ
cjfa-28098	222	27	comprises	comprise	NOUN
cjfa-28098	222	28	of	of	ADP
cjfa-28098	222	29	external	external	ADJ
cjfa-28098	222	30	independent	independent	ADJ
cjfa-28098	222	31	members	member	NOUN
cjfa-28098	222	32	.	.	PUNCT
cjfa-28098	223	1	in	in	ADP
cjfa-28098	223	2	terms	term	NOUN
cjfa-28098	223	3	of	of	ADP
cjfa-28098	223	4	the	the	DET
cjfa-28098	223	5	financial	financial	ADJ
cjfa-28098	223	6	matters	matter	NOUN
cjfa-28098	223	7	,	,	PUNCT
cjfa-28098	223	8	board	board	NOUN
cjfa-28098	223	9	activities	activity	NOUN
cjfa-28098	223	10	,	,	PUNCT
cjfa-28098	223	11	composition	composition	NOUN
cjfa-28098	223	12	and	and	CCONJ
cjfa-28098	223	13	proficiency	proficiency	NOUN
cjfa-28098	223	14	are	be	AUX
cjfa-28098	223	15	enticing	entice	VERB
cjfa-28098	223	16	increased	increase	VERB
cjfa-28098	223	17	consideration	consideration	NOUN
cjfa-28098	223	18	.	.	PUNCT
cjfa-28098	224	1	(	(	PUNCT
cjfa-28098	224	2	agrawal	agrawal	PROPN
cjfa-28098	224	3	&	&	CCONJ
cjfa-28098	224	4	chadha	chadha	PROPN
cjfa-28098	224	5	,	,	PUNCT
cjfa-28098	224	6	2005	2005	NUM
cjfa-28098	224	7	)	)	PUNCT
cjfa-28098	224	8	specified	specify	VERB
cjfa-28098	224	9	that	that	SCONJ
cjfa-28098	224	10	financial	financial	ADJ
cjfa-28098	224	11	capabilities	capability	NOUN
cjfa-28098	224	12	on	on	ADP
cjfa-28098	224	13	boards	board	NOUN
cjfa-28098	224	14	reduce	reduce	VERB
cjfa-28098	224	15	the	the	DET
cjfa-28098	224	16	possibility	possibility	NOUN
cjfa-28098	224	17	of	of	ADP
cjfa-28098	224	18	accounting	accounting	NOUN
cjfa-28098	224	19	reaffirmations	reaffirmation	NOUN
cjfa-28098	224	20	.	.	PUNCT
cjfa-28098	225	1	moreover	moreover	ADV
cjfa-28098	225	2	,	,	PUNCT
cjfa-28098	225	3	(	(	PUNCT
cjfa-28098	225	4	heit	heit	PROPN
cjfa-28098	225	5	,	,	PUNCT
cjfa-28098	225	6	cohen	cohen	PROPN
cjfa-28098	225	7	&	&	CCONJ
cjfa-28098	225	8	anderson	anderson	PROPN
cjfa-28098	225	9	,	,	PUNCT
cjfa-28098	225	10	2005	2005	NUM
cjfa-28098	225	11	)	)	PUNCT
cjfa-28098	225	12	exhibited	exhibit	VERB
cjfa-28098	225	13	that	that	SCONJ
cjfa-28098	225	14	the	the	DET
cjfa-28098	225	15	market	market	NOUN
cjfa-28098	225	16	assigns	assign	VERB
cjfa-28098	225	17	additional	additional	ADJ
cjfa-28098	225	18	reliability	reliability	NOUN
cjfa-28098	225	19	to	to	ADP
cjfa-28098	225	20	earnings	earning	NOUN
cjfa-28098	225	21	declarations	declaration	NOUN
cjfa-28098	225	22	while	while	SCONJ
cjfa-28098	225	23	boards	board	NOUN
cjfa-28098	225	24	and	and	CCONJ
cjfa-28098	225	25	audit	audit	NOUN
cjfa-28098	225	26	committees	committee	NOUN
cjfa-28098	225	27	are	be	AUX
cjfa-28098	225	28	both	both	CCONJ
cjfa-28098	225	29	effective	effective	ADJ
cjfa-28098	225	30	and	and	CCONJ
cjfa-28098	225	31	independent	independent	ADJ
cjfa-28098	225	32	.	.	PUNCT
cjfa-28098	226	1	in	in	ADP
cjfa-28098	226	2	contrast	contrast	NOUN
cjfa-28098	226	3	to	to	ADP
cjfa-28098	226	4	the	the	DET
cjfa-28098	226	5	theory	theory	NOUN
cjfa-28098	226	6	that	that	SCONJ
cjfa-28098	226	7	bod	bod	NOUN
cjfa-28098	226	8	performs	perform	VERB
cjfa-28098	226	9	as	as	ADP
cjfa-28098	226	10	an	an	DET
cjfa-28098	226	11	important	important	ADJ
cjfa-28098	226	12	basis	basis	NOUN
cjfa-28098	226	13	of	of	ADP
cjfa-28098	226	14	supervising	supervise	VERB
cjfa-28098	226	15	,	,	PUNCT
cjfa-28098	226	16	(	(	PUNCT
cjfa-28098	226	17	bhagat	bhagat	PROPN
cjfa-28098	226	18	&	&	CCONJ
cjfa-28098	226	19	black	black	PROPN
cjfa-28098	226	20	,	,	PUNCT
cjfa-28098	226	21	1999	1999	NUM
cjfa-28098	226	22	)	)	PUNCT
cjfa-28098	226	23	found	find	VERB
cjfa-28098	226	24	no	no	DET
cjfa-28098	226	25	considerable	considerable	ADJ
cjfa-28098	226	26	proof	proof	NOUN
cjfa-28098	226	27	that	that	SCONJ
cjfa-28098	226	28	the	the	DET
cjfa-28098	226	29	ratio	ratio	NOUN
cjfa-28098	226	30	of	of	ADP
cjfa-28098	226	31	external	external	ADJ
cjfa-28098	226	32	board	board	NOUN
cjfa-28098	226	33	members	member	NOUN
cjfa-28098	226	34	influences	influence	VERB
cjfa-28098	226	35	future	future	ADJ
cjfa-28098	226	36	corporate	corporate	ADJ
cjfa-28098	226	37	accomplishment	accomplishment	NOUN
cjfa-28098	226	38	.	.	PUNCT
cjfa-28098	227	1	the	the	DET
cjfa-28098	227	2	findings	finding	NOUN
cjfa-28098	227	3	are	be	AUX
cjfa-28098	227	4	also	also	ADV
cjfa-28098	227	5	supported	support	VERB
cjfa-28098	227	6	by	by	ADP
cjfa-28098	227	7	the	the	DET
cjfa-28098	227	8	study	study	NOUN
cjfa-28098	227	9	of	of	ADP
cjfa-28098	227	10	(	(	PUNCT
cjfa-28098	227	11	demsetz	demsetz	VERB
cjfa-28098	227	12	,	,	PUNCT
cjfa-28098	227	13	1983	1983	NUM
cjfa-28098	227	14	)	)	PUNCT
cjfa-28098	227	15	,	,	PUNCT
cjfa-28098	227	16	who	who	PRON
cjfa-28098	227	17	found	find	VERB
cjfa-28098	227	18	that	that	SCONJ
cjfa-28098	227	19	in	in	ADP
cjfa-28098	227	20	presence	presence	NOUN
cjfa-28098	227	21	of	of	ADP
cjfa-28098	227	22	the	the	DET
cjfa-28098	227	23	other	other	ADJ
cjfa-28098	227	24	effective	effective	ADJ
cjfa-28098	227	25	monitoring	monitoring	NOUN
cjfa-28098	227	26	mechanism	mechanism	NOUN
cjfa-28098	227	27	,	,	PUNCT
cjfa-28098	227	28	no	no	DET
cjfa-28098	227	29	significant	significant	ADJ
cjfa-28098	227	30	association	association	NOUN
cjfa-28098	227	31	between	between	ADP
cjfa-28098	227	32	bod	bod	NOUN
cjfa-28098	227	33	and	and	CCONJ
cjfa-28098	227	34	performance	performance	NOUN
cjfa-28098	227	35	could	could	AUX
cjfa-28098	227	36	be	be	AUX
cjfa-28098	227	37	seen	see	VERB
cjfa-28098	227	38	.	.	PUNCT
cjfa-28098	228	1	in	in	ADP
cjfa-28098	228	2	the	the	DET
cjfa-28098	228	3	context	context	NOUN
cjfa-28098	228	4	of	of	ADP
cjfa-28098	228	5	european	european	ADJ
cjfa-28098	228	6	market	market	NOUN
cjfa-28098	228	7	,	,	PUNCT
cjfa-28098	228	8	(	(	PUNCT
cjfa-28098	228	9	vafeas	vafea	NOUN
cjfa-28098	228	10	&	&	CCONJ
cjfa-28098	228	11	theodorou	theodorou	PROPN
cjfa-28098	228	12	,	,	PUNCT
cjfa-28098	228	13	1998)found	1998)found	ADP
cjfa-28098	228	14	no	no	DET
cjfa-28098	228	15	substantial	substantial	ADJ
cjfa-28098	228	16	relationship	relationship	NOUN
cjfa-28098	228	17	involving	involve	VERB
cjfa-28098	228	18	corporate	corporate	ADJ
cjfa-28098	228	19	performance	performance	NOUN
cjfa-28098	228	20	and	and	CCONJ
cjfa-28098	228	21	board	board	NOUN
cjfa-28098	228	22	formation	formation	NOUN
cjfa-28098	228	23	though	though	ADV
cjfa-28098	228	24	,	,	PUNCT
cjfa-28098	228	25	(	(	PUNCT
cjfa-28098	228	26	dahya	dahya	NOUN
cjfa-28098	228	27	et	et	PROPN
cjfa-28098	228	28	al	al	PROPN
cjfa-28098	228	29	.	.	PROPN
cjfa-28098	228	30	,	,	PUNCT
cjfa-28098	228	31	2002	2002	NUM
cjfa-28098	228	32	)	)	PUNCT
cjfa-28098	228	33	found	find	VERB
cjfa-28098	228	34	out	out	ADP
cjfa-28098	228	35	that	that	SCONJ
cjfa-28098	228	36	the	the	DET
cjfa-28098	228	37	correlation	correlation	NOUN
cjfa-28098	228	38	between	between	ADP
cjfa-28098	228	39	the	the	DET
cjfa-28098	228	40	ceo	ceo	NOUN
cjfa-28098	228	41	turnover	turnover	NOUN
cjfa-28098	228	42	and	and	CCONJ
cjfa-28098	228	43	performance	performance	NOUN
cjfa-28098	228	44	could	could	AUX
cjfa-28098	228	45	be	be	AUX
cjfa-28098	228	46	related	relate	VERB
cjfa-28098	228	47	to	to	ADP
cjfa-28098	228	48	the	the	DET
cjfa-28098	228	49	existence	existence	NOUN
cjfa-28098	228	50	of	of	ADP
cjfa-28098	228	51	more	more	ADJ
cjfa-28098	228	52	outside	outside	ADJ
cjfa-28098	228	53	members	member	NOUN
cjfa-28098	228	54	in	in	ADP
cjfa-28098	228	55	the	the	DET
cjfa-28098	228	56	bod	bod	NOUN
cjfa-28098	228	57	.	.	PUNCT
cjfa-28098	229	1	in	in	ADP
cjfa-28098	229	2	a	a	DET
cjfa-28098	229	3	nutshell	nutshell	NOUN
cjfa-28098	229	4	above	above	ADP
cjfa-28098	229	5	research	research	NOUN
cjfa-28098	229	6	findings	finding	NOUN
cjfa-28098	229	7	are	be	AUX
cjfa-28098	229	8	not	not	PART
cjfa-28098	229	9	subsequent	subsequent	ADJ
cjfa-28098	229	10	to	to	PART
cjfa-28098	229	11	prove	prove	VERB
cjfa-28098	229	12	whether	whether	SCONJ
cjfa-28098	229	13	board	board	NOUN
cjfa-28098	229	14	composition	composition	NOUN
cjfa-28098	229	15	and	and	CCONJ
cjfa-28098	229	16	actions	action	NOUN
cjfa-28098	229	17	are	be	AUX
cjfa-28098	229	18	significantly	significantly	ADV
cjfa-28098	229	19	affecting	affect	VERB
cjfa-28098	229	20	the	the	DET
cjfa-28098	229	21	firm	firm	NOUN
cjfa-28098	229	22	’s	’s	PART
cjfa-28098	229	23	performance	performance	NOUN
cjfa-28098	229	24	.	.	PUNCT
cjfa-28098	230	1	managerial	managerial	ADJ
cjfa-28098	230	2	compensation	compensation	PROPN
cjfa-28098	230	3	compensation	compensation	NOUN
cjfa-28098	230	4	strategies	strategy	NOUN
cjfa-28098	230	5	selected	select	VERB
cjfa-28098	230	6	by	by	ADP
cjfa-28098	230	7	bod	bod	PROPN
cjfa-28098	230	8	can	can	AUX
cjfa-28098	230	9	perform	perform	VERB
cjfa-28098	230	10	a	a	DET
cjfa-28098	230	11	significant	significant	ADJ
cjfa-28098	230	12	function	function	NOUN
cjfa-28098	230	13	in	in	ADP
cjfa-28098	230	14	associating	associate	VERB
cjfa-28098	230	15	the	the	DET
cjfa-28098	230	16	welfares	welfare	NOUN
cjfa-28098	230	17	of	of	ADP
cjfa-28098	230	18	investors	investor	NOUN
cjfa-28098	230	19	and	and	CCONJ
cjfa-28098	230	20	executives	executive	NOUN
cjfa-28098	230	21	.	.	PUNCT
cjfa-28098	231	1	(	(	PUNCT
cjfa-28098	231	2	jensen	jensen	PROPN
cjfa-28098	231	3	&	&	CCONJ
cjfa-28098	231	4	murphy	murphy	PROPN
cjfa-28098	231	5	,	,	PUNCT
cjfa-28098	231	6	1990	1990	NUM
cjfa-28098	231	7	)	)	PUNCT
cjfa-28098	231	8	argues	argue	VERB
cjfa-28098	231	9	that	that	SCONJ
cjfa-28098	231	10	theoretically	theoretically	ADV
cjfa-28098	231	11	,	,	PUNCT
cjfa-28098	231	12	a	a	DET
cjfa-28098	231	13	robust	robust	ADJ
cjfa-28098	231	14	association	association	NOUN
cjfa-28098	231	15	relating	relate	VERB
cjfa-28098	231	16	remuneration	remuneration	NOUN
cjfa-28098	231	17	plan	plan	NOUN
cjfa-28098	231	18	and	and	CCONJ
cjfa-28098	231	19	corporate	corporate	ADJ
cjfa-28098	231	20	performance	performance	NOUN
cjfa-28098	231	21	will	will	AUX
cjfa-28098	231	22	allow	allow	VERB
cjfa-28098	231	23	an	an	DET
cjfa-28098	231	24	enhanced	enhanced	ADJ
cjfa-28098	231	25	coalition	coalition	NOUN
cjfa-28098	231	26	of	of	ADP
cjfa-28098	231	27	interest	interest	NOUN
cjfa-28098	231	28	between	between	ADP
cjfa-28098	231	29	investors	investor	NOUN
cjfa-28098	231	30	and	and	CCONJ
cjfa-28098	231	31	executives	executive	NOUN
cjfa-28098	231	32	.	.	PUNCT
cjfa-28098	232	1	demonstration	demonstration	NOUN
cjfa-28098	232	2	of	of	ADP
cjfa-28098	232	3	such	such	ADJ
cjfa-28098	232	4	theoretical	theoretical	ADJ
cjfa-28098	232	5	stand	stand	NOUN
cjfa-28098	232	6	assuming	assume	VERB
cjfa-28098	232	7	a	a	DET
cjfa-28098	232	8	strong	strong	ADJ
cjfa-28098	232	9	association	association	NOUN
cjfa-28098	232	10	is	be	AUX
cjfa-28098	232	11	,	,	PUNCT
cjfa-28098	232	12	still	still	ADV
cjfa-28098	232	13	,	,	PUNCT
cjfa-28098	232	14	not	not	PART
cjfa-28098	232	15	convincing	convince	VERB
cjfa-28098	232	16	such	such	ADJ
cjfa-28098	232	17	as	as	ADP
cjfa-28098	232	18	(	(	PUNCT
cjfa-28098	232	19	lewellen	lewellen	NOUN
cjfa-28098	232	20	,	,	PUNCT
cjfa-28098	232	21	loderer	loderer	NOUN
cjfa-28098	232	22	&	&	CCONJ
cjfa-28098	232	23	martin	martin	PROPN
cjfa-28098	232	24	,	,	PUNCT
cjfa-28098	232	25	1987	1987	NUM
cjfa-28098	232	26	)	)	PUNCT
cjfa-28098	232	27	and	and	CCONJ
cjfa-28098	232	28	(	(	PUNCT
cjfa-28098	232	29	yermack	yermack	NOUN
cjfa-28098	232	30	,	,	PUNCT
cjfa-28098	232	31	1995	1995	NUM
cjfa-28098	232	32	)	)	PUNCT
cjfa-28098	232	33	exhibited	exhibit	VERB
cjfa-28098	232	34	that	that	SCONJ
cjfa-28098	232	35	stock	stock	NOUN
cjfa-28098	232	36	options	option	NOUN
cjfa-28098	232	37	enticements	enticement	NOUN
cjfa-28098	232	38	have	have	VERB
cjfa-28098	232	39	no	no	DET
cjfa-28098	232	40	noteworthy	noteworthy	ADJ
cjfa-28098	232	41	connection	connection	NOUN
cjfa-28098	232	42	with	with	ADP
cjfa-28098	232	43	descriptive	descriptive	ADJ
cjfa-28098	232	44	factors	factor	NOUN
cjfa-28098	232	45	associated	associate	VERB
cjfa-28098	232	46	to	to	ADP
cjfa-28098	232	47	reduction	reduction	NOUN
cjfa-28098	232	48	of	of	ADP
cjfa-28098	232	49	agency	agency	NOUN
cjfa-28098	232	50	costs	cost	NOUN
cjfa-28098	232	51	.	.	PUNCT
cjfa-28098	233	1	(	(	PUNCT
cjfa-28098	233	2	gregg	gregg	NOUN
cjfa-28098	233	3	,	,	PUNCT
cjfa-28098	233	4	machin	machin	PROPN
cjfa-28098	233	5	&	&	CCONJ
cjfa-28098	233	6	szymanski	szymanski	ADJ
cjfa-28098	233	7	,	,	PUNCT
cjfa-28098	233	8	1993	1993	NUM
cjfa-28098	233	9	)	)	PUNCT
cjfa-28098	233	10	in	in	ADP
cjfa-28098	233	11	their	their	PRON
cjfa-28098	233	12	study	study	NOUN
cjfa-28098	233	13	in	in	ADP
cjfa-28098	233	14	the	the	DET
cjfa-28098	233	15	uk	uk	PROPN
cjfa-28098	233	16	context	context	NOUN
cjfa-28098	233	17	,	,	PUNCT
cjfa-28098	233	18	found	find	VERB
cjfa-28098	233	19	similar	similar	ADJ
cjfa-28098	233	20	outcomes	outcome	NOUN
cjfa-28098	233	21	with	with	ADP
cjfa-28098	233	22	conclusive	conclusive	ADJ
cjfa-28098	233	23	remarks	remark	NOUN
cjfa-28098	233	24	that	that	SCONJ
cjfa-28098	233	25	there	there	PRON
cjfa-28098	233	26	is	be	VERB
cjfa-28098	233	27	very	very	ADV
cjfa-28098	233	28	negligible	negligible	ADJ
cjfa-28098	233	29	association	association	NOUN
cjfa-28098	233	30	between	between	ADP
cjfa-28098	233	31	managerial	managerial	ADJ
cjfa-28098	233	32	compensation	compensation	NOUN
cjfa-28098	233	33	strategy	strategy	NOUN
cjfa-28098	233	34	and	and	CCONJ
cjfa-28098	233	35	performance	performance	NOUN
cjfa-28098	233	36	atm	atm	PROPN
cjfa-28098	233	37	adnan	adnan	PROPN
cjfa-28098	233	38	,	,	PUNCT
cjfa-28098	233	39	nisar	nisar	PROPN
cjfa-28098	233	40	ahmed24	ahmed24	PROPN
cjfa-28098	233	41	however	however	SCONJ
cjfa-28098	233	42	they	they	PRON
cjfa-28098	233	43	discovered	discover	VERB
cjfa-28098	233	44	a	a	DET
cjfa-28098	233	45	strong	strong	ADJ
cjfa-28098	233	46	relation	relation	NOUN
cjfa-28098	233	47	between	between	ADP
cjfa-28098	233	48	compensation	compensation	NOUN
cjfa-28098	233	49	and	and	CCONJ
cjfa-28098	233	50	value	value	NOUN
cjfa-28098	233	51	of	of	ADP
cjfa-28098	233	52	asset	asset	NOUN
cjfa-28098	233	53	.	.	PUNCT
cjfa-28098	234	1	contemporary	contemporary	ADJ
cjfa-28098	234	2	studies	study	NOUN
cjfa-28098	234	3	such	such	ADJ
cjfa-28098	234	4	as	as	ADP
cjfa-28098	234	5	,	,	PUNCT
cjfa-28098	234	6	(	(	PUNCT
cjfa-28098	234	7	peng	peng	PROPN
cjfa-28098	234	8	&	&	CCONJ
cjfa-28098	234	9	röell	röell	PROPN
cjfa-28098	234	10	,	,	PUNCT
cjfa-28098	234	11	2003	2003	NUM
cjfa-28098	234	12	,	,	PUNCT
cjfa-28098	234	13	agrawal	agrawal	PROPN
cjfa-28098	234	14	&	&	CCONJ
cjfa-28098	234	15	chadha	chadha	PROPN
cjfa-28098	234	16	,	,	PUNCT
cjfa-28098	234	17	2005	2005	NUM
cjfa-28098	234	18	)	)	PUNCT
cjfa-28098	234	19	observed	observe	VERB
cjfa-28098	234	20	the	the	DET
cjfa-28098	234	21	relationship	relationship	NOUN
cjfa-28098	234	22	involving	involve	VERB
cjfa-28098	234	23	share	share	NOUN
cjfa-28098	234	24	-	-	PUNCT
cjfa-28098	234	25	based	base	VERB
cjfa-28098	234	26	performance	performance	NOUN
cjfa-28098	234	27	appraisal	appraisal	NOUN
cjfa-28098	234	28	and	and	CCONJ
cjfa-28098	234	29	the	the	DET
cjfa-28098	234	30	tendency	tendency	NOUN
cjfa-28098	234	31	of	of	ADP
cjfa-28098	234	32	companies	company	NOUN
cjfa-28098	234	33	to	to	PART
cjfa-28098	234	34	repetition	repetition	VERB
cjfa-28098	234	35	of	of	ADP
cjfa-28098	234	36	revenues	revenue	NOUN
cjfa-28098	234	37	,	,	PUNCT
cjfa-28098	234	38	engage	engage	VERB
cjfa-28098	234	39	in	in	ADP
cjfa-28098	234	40	scams	scam	NOUN
cjfa-28098	234	41	,	,	PUNCT
cjfa-28098	234	42	or	or	CCONJ
cjfa-28098	234	43	vulnerable	vulnerable	ADJ
cjfa-28098	234	44	to	to	ADP
cjfa-28098	234	45	litigations	litigation	NOUN
cjfa-28098	234	46	found	find	VERB
cjfa-28098	234	47	a	a	DET
cjfa-28098	234	48	strong	strong	ADJ
cjfa-28098	234	49	association	association	NOUN
cjfa-28098	234	50	.	.	PUNCT
cjfa-28098	235	1	(	(	PUNCT
cjfa-28098	235	2	denis	denis	PROPN
cjfa-28098	235	3	,	,	PUNCT
cjfa-28098	235	4	hanouna	hanouna	NOUN
cjfa-28098	235	5	&	&	CCONJ
cjfa-28098	235	6	sarin	sarin	NOUN
cjfa-28098	235	7	,	,	PUNCT
cjfa-28098	235	8	2006	2006	NUM
cjfa-28098	235	9	)	)	PUNCT
cjfa-28098	235	10	intensifying	intensify	VERB
cjfa-28098	235	11	the	the	DET
cjfa-28098	235	12	investigation	investigation	NOUN
cjfa-28098	235	13	by	by	ADP
cjfa-28098	235	14	adding	add	VERB
cjfa-28098	235	15	the	the	DET
cjfa-28098	235	16	ownership	ownership	NOUN
cjfa-28098	235	17	formation	formation	NOUN
cjfa-28098	235	18	argued	argue	VERB
cjfa-28098	235	19	that	that	SCONJ
cjfa-28098	235	20	,	,	PUNCT
cjfa-28098	235	21	the	the	DET
cjfa-28098	235	22	enticement	enticement	NOUN
cjfa-28098	235	23	to	to	PART
cjfa-28098	235	24	involve	involve	VERB
cjfa-28098	235	25	in	in	ADP
cjfa-28098	235	26	deceitful	deceitful	ADJ
cjfa-28098	235	27	action	action	NOUN
cjfa-28098	235	28	is	be	AUX
cjfa-28098	235	29	aggravated	aggravate	VERB
cjfa-28098	235	30	by	by	ADP
cjfa-28098	235	31	the	the	DET
cjfa-28098	235	32	existence	existence	NOUN
cjfa-28098	235	33	of	of	ADP
cjfa-28098	235	34	block	block	NOUN
cjfa-28098	235	35	and	and	CCONJ
cjfa-28098	235	36	institutional	institutional	ADJ
cjfa-28098	235	37	owners	owner	NOUN
cjfa-28098	235	38	who	who	PRON
cjfa-28098	235	39	might	might	AUX
cjfa-28098	235	40	also	also	ADV
cjfa-28098	235	41	be	be	AUX
cjfa-28098	235	42	profitable	profitable	ADJ
cjfa-28098	235	43	from	from	ADP
cjfa-28098	235	44	the	the	DET
cjfa-28098	235	45	scam	scam	NOUN
cjfa-28098	235	46	.	.	PUNCT
cjfa-28098	236	1	capital	capital	NOUN
cjfa-28098	236	2	construction	construction	NOUN
cjfa-28098	236	3	(	(	PUNCT
cjfa-28098	236	4	debt	debt	NOUN
cjfa-28098	236	5	/	/	SYM
cjfa-28098	236	6	leverage	leverage	NOUN
cjfa-28098	236	7	policy	policy	NOUN
cjfa-28098	236	8	)	)	PUNCT
cjfa-28098	236	9	last	last	ADJ
cjfa-28098	236	10	twenty	twenty	NUM
cjfa-28098	236	11	years	year	NOUN
cjfa-28098	236	12	of	of	ADP
cjfa-28098	236	13	empirical	empirical	ADJ
cjfa-28098	236	14	researches	research	NOUN
cjfa-28098	236	15	suggest	suggest	VERB
cjfa-28098	236	16	that	that	SCONJ
cjfa-28098	236	17	debt	debt	NOUN
cjfa-28098	236	18	covenant	covenant	NOUN
cjfa-28098	236	19	/	/	SYM
cjfa-28098	236	20	leverage	leverage	NOUN
cjfa-28098	236	21	can	can	AUX
cjfa-28098	236	22	perform	perform	VERB
cjfa-28098	236	23	as	as	ADP
cjfa-28098	236	24	a	a	DET
cjfa-28098	236	25	self	self	NOUN
cjfa-28098	236	26	-	-	PUNCT
cjfa-28098	236	27	enforcing	enforce	VERB
cjfa-28098	236	28	governance	governance	NOUN
cjfa-28098	236	29	instrument	instrument	NOUN
cjfa-28098	236	30	,	,	PUNCT
cjfa-28098	236	31	that	that	PRON
cjfa-28098	236	32	convey	convey	VERB
cjfa-28098	236	33	that	that	SCONJ
cjfa-28098	236	34	having	have	VERB
cjfa-28098	236	35	debt	debt	NOUN
cjfa-28098	236	36	embraces	embrace	VERB
cjfa-28098	236	37	managers	manager	NOUN
cjfa-28098	236	38	’	'	PUNCT
cjfa-28098	236	39	actions	action	NOUN
cjfa-28098	236	40	by	by	ADP
cjfa-28098	236	41	obliging	oblige	VERB
cjfa-28098	236	42	them	they	PRON
cjfa-28098	236	43	to	to	PART
cjfa-28098	236	44	make	make	VERB
cjfa-28098	236	45	interest	interest	NOUN
cjfa-28098	236	46	and	and	CCONJ
cjfa-28098	236	47	principle	principle	NOUN
cjfa-28098	236	48	payments	payment	NOUN
cjfa-28098	236	49	therefore	therefore	ADV
cjfa-28098	236	50	,	,	PUNCT
cjfa-28098	236	51	reducing	reduce	VERB
cjfa-28098	236	52	the	the	DET
cjfa-28098	236	53	possibility	possibility	NOUN
cjfa-28098	236	54	of	of	ADP
cjfa-28098	236	55	probable	probable	ADJ
cjfa-28098	236	56	agency	agency	NOUN
cjfa-28098	236	57	conflict	conflict	NOUN
cjfa-28098	236	58	arising	arise	VERB
cjfa-28098	236	59	from	from	ADP
cjfa-28098	236	60	free	free	ADJ
cjfa-28098	236	61	cash	cash	NOUN
cjfa-28098	236	62	flow	flow	NOUN
cjfa-28098	236	63	.	.	PUNCT
cjfa-28098	237	1	debt	debt	NOUN
cjfa-28098	237	2	contract	contract	NOUN
cjfa-28098	237	3	was	be	AUX
cjfa-28098	237	4	characterized	characterize	VERB
cjfa-28098	237	5	as	as	ADP
cjfa-28098	237	6	a	a	DET
cjfa-28098	237	7	means	mean	NOUN
cjfa-28098	237	8	for	for	ADP
cjfa-28098	237	9	lowering	lower	VERB
cjfa-28098	237	10	agency	agency	NOUN
cjfa-28098	237	11	costs	cost	NOUN
cjfa-28098	237	12	in	in	ADP
cjfa-28098	237	13	numerous	numerous	ADJ
cjfa-28098	237	14	aspects	aspect	NOUN
cjfa-28098	237	15	.	.	PUNCT
cjfa-28098	238	1	firstly	firstly	ADV
cjfa-28098	238	2	,	,	PUNCT
cjfa-28098	238	3	having	have	VERB
cjfa-28098	238	4	more	more	ADJ
cjfa-28098	238	5	leverages	leverage	NOUN
cjfa-28098	238	6	decreases	decrease	VERB
cjfa-28098	238	7	total	total	ADJ
cjfa-28098	238	8	share	share	NOUN
cjfa-28098	238	9	financing	financing	NOUN
cjfa-28098	238	10	therefore	therefore	ADV
cjfa-28098	238	11	terminating	terminate	VERB
cjfa-28098	238	12	the	the	DET
cjfa-28098	238	13	chance	chance	NOUN
cjfa-28098	238	14	of	of	ADP
cjfa-28098	238	15	the	the	DET
cjfa-28098	238	16	ownermanager	ownermanager	NOUN
cjfa-28098	238	17	conflict	conflict	NOUN
cjfa-28098	238	18	of	of	ADP
cjfa-28098	238	19	interest	interest	NOUN
cjfa-28098	238	20	(	(	PUNCT
cjfa-28098	238	21	sarkar	sarkar	PROPN
cjfa-28098	238	22	&	&	CCONJ
cjfa-28098	238	23	sarkar	sarkar	PROPN
cjfa-28098	238	24	,	,	PUNCT
cjfa-28098	238	25	2008	2008	NUM
cjfa-28098	238	26	)	)	PUNCT
cjfa-28098	238	27	.	.	PUNCT
cjfa-28098	239	1	(	(	PUNCT
cjfa-28098	239	2	harris	harris	PROPN
cjfa-28098	239	3	&	&	CCONJ
cjfa-28098	239	4	raviv	raviv	PROPN
cjfa-28098	239	5	,	,	PUNCT
cjfa-28098	239	6	1991	1991	NUM
cjfa-28098	239	7	)	)	PUNCT
cjfa-28098	239	8	exhibited	exhibit	VERB
cjfa-28098	239	9	the	the	DET
cjfa-28098	239	10	empirical	empirical	ADJ
cjfa-28098	239	11	facts	fact	NOUN
cjfa-28098	239	12	that	that	SCONJ
cjfa-28098	239	13	the	the	DET
cjfa-28098	239	14	utilization	utilization	NOUN
cjfa-28098	239	15	of	of	ADP
cjfa-28098	239	16	leverage	leverage	NOUN
cjfa-28098	239	17	can	can	AUX
cjfa-28098	239	18	lessen	lessen	VERB
cjfa-28098	239	19	equity	equity	NOUN
cjfa-28098	239	20	related	relate	VERB
cjfa-28098	239	21	agency	agency	NOUN
cjfa-28098	239	22	costs	cost	NOUN
cjfa-28098	239	23	.	.	PUNCT
cjfa-28098	240	1	similar	similar	ADJ
cjfa-28098	240	2	conclusions	conclusion	NOUN
cjfa-28098	240	3	have	have	AUX
cjfa-28098	240	4	been	be	AUX
cjfa-28098	240	5	also	also	ADV
cjfa-28098	240	6	drawn	draw	VERB
cjfa-28098	240	7	by	by	ADP
cjfa-28098	240	8	(	(	PUNCT
cjfa-28098	240	9	faccio	faccio	PROPN
cjfa-28098	240	10	,	,	PUNCT
cjfa-28098	240	11	lang	lang	PROPN
cjfa-28098	240	12	&	&	CCONJ
cjfa-28098	240	13	young	young	PROPN
cjfa-28098	240	14	,	,	PUNCT
cjfa-28098	240	15	2001	2001	NUM
cjfa-28098	240	16	)	)	PUNCT
cjfa-28098	240	17	.	.	PUNCT
cjfa-28098	241	1	contemporary	contemporary	ADJ
cjfa-28098	241	2	practical	practical	ADJ
cjfa-28098	241	3	studies	study	NOUN
cjfa-28098	241	4	on	on	ADP
cjfa-28098	241	5	cg	cg	NOUN
cjfa-28098	241	6	and	and	CCONJ
cjfa-28098	241	7	capital	capital	NOUN
cjfa-28098	241	8	formation	formation	NOUN
cjfa-28098	241	9	emphasizes	emphasize	VERB
cjfa-28098	241	10	on	on	ADP
cjfa-28098	241	11	the	the	DET
cjfa-28098	241	12	connection	connection	NOUN
cjfa-28098	241	13	involving	involve	VERB
cjfa-28098	241	14	governance	governance	NOUN
cjfa-28098	241	15	and	and	CCONJ
cjfa-28098	241	16	the	the	DET
cjfa-28098	241	17	cost	cost	NOUN
cjfa-28098	241	18	of	of	ADP
cjfa-28098	241	19	liability	liability	NOUN
cjfa-28098	241	20	.	.	PUNCT
cjfa-28098	242	1	for	for	ADP
cjfa-28098	242	2	instance	instance	NOUN
cjfa-28098	242	3	,	,	PUNCT
cjfa-28098	242	4	(	(	PUNCT
cjfa-28098	242	5	klock	klock	PROPN
cjfa-28098	242	6	,	,	PUNCT
cjfa-28098	242	7	mansi	mansi	PROPN
cjfa-28098	242	8	&	&	CCONJ
cjfa-28098	242	9	maxwell	maxwell	PROPN
cjfa-28098	242	10	,	,	PUNCT
cjfa-28098	242	11	2005	2005	NUM
cjfa-28098	242	12	)	)	PUNCT
cjfa-28098	242	13	found	find	VERB
cjfa-28098	242	14	that	that	SCONJ
cjfa-28098	242	15	more	more	ADJ
cjfa-28098	242	16	exercise	exercise	NOUN
cjfa-28098	242	17	of	of	ADP
cjfa-28098	242	18	‘	'	PUNCT
cjfa-28098	242	19	anti	anti	ADJ
cjfa-28098	242	20	-	-	ADJ
cjfa-28098	242	21	takeover	takeover	ADJ
cjfa-28098	242	22	’	'	PUNCT
cjfa-28098	242	23	initiatives	initiative	NOUN
cjfa-28098	242	24	is	be	AUX
cjfa-28098	242	25	related	relate	VERB
cjfa-28098	242	26	to	to	ADP
cjfa-28098	242	27	lesser	less	ADJ
cjfa-28098	242	28	charges	charge	NOUN
cjfa-28098	242	29	of	of	ADP
cjfa-28098	242	30	debt	debt	NOUN
cjfa-28098	242	31	financing	financing	NOUN
cjfa-28098	242	32	.	.	PUNCT
cjfa-28098	243	1	conversely	conversely	ADV
cjfa-28098	243	2	,	,	PUNCT
cjfa-28098	243	3	debt	debt	NOUN
cjfa-28098	243	4	could	could	AUX
cjfa-28098	243	5	result	result	VERB
cjfa-28098	243	6	in	in	ADP
cjfa-28098	243	7	another	another	DET
cjfa-28098	243	8	special	special	ADJ
cjfa-28098	243	9	type	type	NOUN
cjfa-28098	243	10	of	of	ADP
cjfa-28098	243	11	agency	agency	NOUN
cjfa-28098	243	12	problem	problem	NOUN
cjfa-28098	243	13	that	that	PRON
cjfa-28098	243	14	is	be	AUX
cjfa-28098	243	15	the	the	DET
cjfa-28098	243	16	conflict	conflict	NOUN
cjfa-28098	243	17	of	of	ADP
cjfa-28098	243	18	interest	interest	NOUN
cjfa-28098	243	19	between	between	ADP
cjfa-28098	243	20	debt	debt	NOUN
cjfa-28098	243	21	and	and	CCONJ
cjfa-28098	243	22	share	share	NOUN
cjfa-28098	243	23	holders	holder	NOUN
cjfa-28098	243	24	.	.	PUNCT
cjfa-28098	244	1	the	the	DET
cjfa-28098	244	2	basis	basis	NOUN
cjfa-28098	244	3	of	of	ADP
cjfa-28098	244	4	the	the	DET
cjfa-28098	244	5	conflict	conflict	NOUN
cjfa-28098	244	6	arises	arise	VERB
cjfa-28098	244	7	from	from	ADP
cjfa-28098	244	8	incentive	incentive	NOUN
cjfa-28098	244	9	of	of	ADP
cjfa-28098	244	10	the	the	DET
cjfa-28098	244	11	stockholders	stockholder	NOUN
cjfa-28098	244	12	associated	associate	VERB
cjfa-28098	244	13	with	with	ADP
cjfa-28098	244	14	the	the	DET
cjfa-28098	244	15	investment	investment	NOUN
cjfa-28098	244	16	in	in	ADP
cjfa-28098	244	17	high	high	ADJ
cjfa-28098	244	18	risky	risky	ADJ
cjfa-28098	244	19	projects	project	NOUN
cjfa-28098	244	20	identified	identify	VERB
cjfa-28098	244	21	by	by	ADP
cjfa-28098	244	22	(	(	PUNCT
cjfa-28098	244	23	myers	myer	NOUN
cjfa-28098	244	24	,	,	PUNCT
cjfa-28098	244	25	1977	1977	NUM
cjfa-28098	244	26	)	)	PUNCT
cjfa-28098	244	27	.	.	PUNCT
cjfa-28098	245	1	additionally	additionally	ADV
cjfa-28098	245	2	debt	debt	NOUN
cjfa-28098	245	3	could	could	AUX
cjfa-28098	245	4	decrease	decrease	VERB
cjfa-28098	245	5	a	a	DET
cjfa-28098	245	6	firm	firm	NOUN
cjfa-28098	245	7	’s	’s	PART
cjfa-28098	245	8	flexibility	flexibility	NOUN
cjfa-28098	245	9	since	since	SCONJ
cjfa-28098	245	10	interest	interest	NOUN
cjfa-28098	245	11	expenditures	expenditure	NOUN
cjfa-28098	245	12	are	be	AUX
cjfa-28098	245	13	fixed	fix	VERB
cjfa-28098	245	14	and	and	CCONJ
cjfa-28098	245	15	this	this	DET
cjfa-28098	245	16	fixed	fix	VERB
cjfa-28098	245	17	obligation	obligation	NOUN
cjfa-28098	245	18	might	might	AUX
cjfa-28098	245	19	direct	direct	VERB
cjfa-28098	245	20	to	to	ADP
cjfa-28098	245	21	aggressive	aggressive	ADJ
cjfa-28098	245	22	investment	investment	NOUN
cjfa-28098	245	23	decision	decision	NOUN
cjfa-28098	245	24	.	.	PUNCT
cjfa-28098	246	1	study	study	NOUN
cjfa-28098	246	2	by	by	ADP
cjfa-28098	246	3	(	(	PUNCT
cjfa-28098	246	4	hui	hui	PROPN
cjfa-28098	246	5	,	,	PUNCT
cjfa-28098	246	6	2003	2003	NUM
cjfa-28098	246	7	)	)	PUNCT
cjfa-28098	246	8	suggested	suggest	VERB
cjfa-28098	246	9	that	that	SCONJ
cjfa-28098	246	10	,	,	PUNCT
cjfa-28098	246	11	due	due	ADP
cjfa-28098	246	12	to	to	ADP
cjfa-28098	246	13	its	its	PRON
cjfa-28098	246	14	impact	impact	NOUN
cjfa-28098	246	15	on	on	ADP
cjfa-28098	246	16	financial	financial	ADJ
cjfa-28098	246	17	management	management	NOUN
cjfa-28098	246	18	decision	decision	NOUN
cjfa-28098	246	19	,	,	PUNCT
cjfa-28098	246	20	leverage	leverage	NOUN
cjfa-28098	246	21	might	might	AUX
cjfa-28098	246	22	have	have	VERB
cjfa-28098	246	23	either	either	CCONJ
cjfa-28098	246	24	positive	positive	ADJ
cjfa-28098	246	25	or	or	CCONJ
cjfa-28098	246	26	negative	negative	ADJ
cjfa-28098	246	27	consequence	consequence	NOUN
cjfa-28098	246	28	on	on	ADP
cjfa-28098	246	29	corporate	corporate	ADJ
cjfa-28098	246	30	value	value	NOUN
cjfa-28098	246	31	.	.	PUNCT
cjfa-28098	247	1	therefore	therefore	ADV
cjfa-28098	247	2	,	,	PUNCT
cjfa-28098	247	3	debt	debt	NOUN
cjfa-28098	247	4	covenant	covenant	NOUN
cjfa-28098	247	5	can	can	AUX
cjfa-28098	247	6	play	play	VERB
cjfa-28098	247	7	a	a	DET
cjfa-28098	247	8	supervising	supervising	NOUN
cjfa-28098	247	9	role	role	NOUN
cjfa-28098	247	10	in	in	ADP
cjfa-28098	247	11	setting	set	VERB
cjfa-28098	247	12	a	a	DET
cjfa-28098	247	13	benchmark	benchmark	NOUN
cjfa-28098	247	14	of	of	ADP
cjfa-28098	247	15	managerial	managerial	ADJ
cjfa-28098	247	16	performance	performance	NOUN
cjfa-28098	247	17	on	on	ADP
cjfa-28098	247	18	top	top	NOUN
cjfa-28098	247	19	of	of	ADP
cjfa-28098	247	20	which	which	PRON
cjfa-28098	247	21	executives	executive	NOUN
cjfa-28098	247	22	might	might	AUX
cjfa-28098	247	23	have	have	VERB
cjfa-28098	247	24	some	some	DET
cjfa-28098	247	25	optimal	optimal	ADJ
cjfa-28098	247	26	discretionary	discretionary	ADJ
cjfa-28098	247	27	power	power	NOUN
cjfa-28098	247	28	.	.	PUNCT
cjfa-28098	248	1	the	the	DET
cjfa-28098	248	2	transformation	transformation	NOUN
cjfa-28098	248	3	of	of	ADP
cjfa-28098	248	4	the	the	DET
cjfa-28098	248	5	corporate	corporate	ADJ
cjfa-28098	248	6	governance	governance	NOUN
cjfa-28098	248	7	model	model	NOUN
cjfa-28098	248	8	…	…	NUM
cjfa-28098	248	9	25	25	NUM
cjfa-28098	248	10	payout	payout	NOUN
cjfa-28098	248	11	strategy	strategy	NOUN
cjfa-28098	248	12	firm	firm	NOUN
cjfa-28098	248	13	’s	’s	PART
cjfa-28098	248	14	dividends	dividend	NOUN
cjfa-28098	248	15	disbursement	disbursement	NOUN
cjfa-28098	248	16	policy	policy	NOUN
cjfa-28098	248	17	is	be	AUX
cjfa-28098	248	18	found	find	VERB
cjfa-28098	248	19	to	to	PART
cjfa-28098	248	20	have	have	VERB
cjfa-28098	248	21	association	association	NOUN
cjfa-28098	248	22	with	with	ADP
cjfa-28098	248	23	the	the	DET
cjfa-28098	248	24	corporate	corporate	ADJ
cjfa-28098	248	25	governance	governance	NOUN
cjfa-28098	248	26	.	.	PUNCT
cjfa-28098	249	1	according	accord	VERB
cjfa-28098	249	2	to	to	ADP
cjfa-28098	249	3	the	the	DET
cjfa-28098	249	4	earlier	early	ADJ
cjfa-28098	249	5	study	study	NOUN
cjfa-28098	249	6	of	of	ADP
cjfa-28098	249	7	(	(	PUNCT
cjfa-28098	249	8	easterbrook	easterbrook	NOUN
cjfa-28098	249	9	,	,	PUNCT
cjfa-28098	249	10	1984	1984	NUM
cjfa-28098	249	11	)	)	PUNCT
cjfa-28098	249	12	,	,	PUNCT
cjfa-28098	249	13	dividends	dividend	NOUN
cjfa-28098	249	14	might	might	AUX
cjfa-28098	249	15	manage	manage	VERB
cjfa-28098	249	16	equity	equity	NOUN
cjfa-28098	249	17	agency	agency	NOUN
cjfa-28098	249	18	issues	issue	NOUN
cjfa-28098	249	19	by	by	ADP
cjfa-28098	249	20	assisting	assist	VERB
cjfa-28098	249	21	the	the	DET
cjfa-28098	249	22	capital	capital	NOUN
cjfa-28098	249	23	market	market	NOUN
cjfa-28098	249	24	’s	’s	PART
cjfa-28098	249	25	supervision	supervision	NOUN
cjfa-28098	249	26	of	of	ADP
cjfa-28098	249	27	the	the	DET
cjfa-28098	249	28	actions	action	NOUN
cjfa-28098	249	29	and	and	CCONJ
cjfa-28098	249	30	performances	performance	NOUN
cjfa-28098	249	31	of	of	ADP
cjfa-28098	249	32	the	the	DET
cjfa-28098	249	33	firms	firm	NOUN
cjfa-28098	249	34	.	.	PUNCT
cjfa-28098	250	1	the	the	DET
cjfa-28098	250	2	underline	underline	ADJ
cjfa-28098	250	3	reason	reason	NOUN
cjfa-28098	250	4	is	be	AUX
cjfa-28098	250	5	that	that	SCONJ
cjfa-28098	250	6	the	the	DET
cjfa-28098	250	7	high	high	ADJ
cjfa-28098	250	8	dividend	dividend	NOUN
cjfa-28098	250	9	paying	pay	VERB
cjfa-28098	250	10	firms	firm	NOUN
cjfa-28098	250	11	are	be	AUX
cjfa-28098	250	12	likely	likely	ADJ
cjfa-28098	250	13	to	to	PART
cjfa-28098	250	14	have	have	VERB
cjfa-28098	250	15	under	under	ADP
cjfa-28098	250	16	close	close	ADJ
cjfa-28098	250	17	observation	observation	NOUN
cjfa-28098	250	18	of	of	ADP
cjfa-28098	250	19	the	the	DET
cjfa-28098	250	20	individual	individual	ADJ
cjfa-28098	250	21	and	and	CCONJ
cjfa-28098	250	22	institutional	institutional	ADJ
cjfa-28098	250	23	investors	investor	NOUN
cjfa-28098	250	24	such	such	ADJ
cjfa-28098	250	25	as	as	ADP
cjfa-28098	250	26	investment	investment	NOUN
cjfa-28098	250	27	banks	bank	NOUN
cjfa-28098	250	28	,	,	PUNCT
cjfa-28098	250	29	brokerage	brokerage	NOUN
cjfa-28098	250	30	houses	house	NOUN
cjfa-28098	250	31	,	,	PUNCT
cjfa-28098	250	32	nbfi	nbfi	PROPN
cjfa-28098	250	33	’s	’s	PART
cjfa-28098	250	34	etc	etc	NOUN
cjfa-28098	250	35	regarding	regard	VERB
cjfa-28098	250	36	the	the	DET
cjfa-28098	250	37	firm	firm	NOUN
cjfa-28098	250	38	’s	’s	PART
cjfa-28098	250	39	management	management	NOUN
cjfa-28098	250	40	(	(	PUNCT
cjfa-28098	250	41	mitton	mitton	PROPN
cjfa-28098	250	42	,	,	PUNCT
cjfa-28098	250	43	2004	2004	NUM
cjfa-28098	250	44	,	,	PUNCT
cjfa-28098	250	45	farinha	farinha	NOUN
cjfa-28098	250	46	,	,	PUNCT
cjfa-28098	250	47	2003	2003	NUM
cjfa-28098	250	48	)	)	PUNCT
cjfa-28098	250	49	.	.	PUNCT
cjfa-28098	251	1	contemporary	contemporary	ADJ
cjfa-28098	251	2	theoretical	theoretical	ADJ
cjfa-28098	251	3	study	study	NOUN
cjfa-28098	251	4	carried	carry	VERB
cjfa-28098	251	5	by	by	ADP
cjfa-28098	251	6	(	(	PUNCT
cjfa-28098	251	7	jo	jo	PROPN
cjfa-28098	251	8	&	&	CCONJ
cjfa-28098	251	9	pan	pan	PROPN
cjfa-28098	251	10	,	,	PUNCT
cjfa-28098	251	11	2009	2009	NUM
cjfa-28098	251	12	)	)	PUNCT
cjfa-28098	251	13	also	also	ADV
cjfa-28098	251	14	exhibited	exhibit	VERB
cjfa-28098	251	15	agency	agency	NOUN
cjfa-28098	251	16	-	-	PUNCT
cjfa-28098	251	17	hypothetic	hypothetic	ADJ
cjfa-28098	251	18	pattern	pattern	NOUN
cjfa-28098	251	19	of	of	ADP
cjfa-28098	251	20	dividend	dividend	NOUN
cjfa-28098	251	21	performance	performance	NOUN
cjfa-28098	251	22	where	where	SCONJ
cjfa-28098	251	23	executives	executive	NOUN
cjfa-28098	251	24	disburse	disburse	VERB
cjfa-28098	251	25	earnings	earning	NOUN
cjfa-28098	251	26	/	/	SYM
cjfa-28098	251	27	profits	profit	NOUN
cjfa-28098	251	28	with	with	ADP
cjfa-28098	251	29	a	a	DET
cjfa-28098	251	30	view	view	NOUN
cjfa-28098	251	31	to	to	PART
cjfa-28098	251	32	evade	evade	VERB
cjfa-28098	251	33	disciplining	discipline	VERB
cjfa-28098	251	34	measures	measure	NOUN
cjfa-28098	251	35	by	by	ADP
cjfa-28098	251	36	investors	investor	NOUN
cjfa-28098	251	37	however	however	ADV
cjfa-28098	251	38	the	the	DET
cjfa-28098	251	39	model	model	NOUN
cjfa-28098	251	40	only	only	ADV
cjfa-28098	251	41	effective	effective	ADJ
cjfa-28098	251	42	while	while	SCONJ
cjfa-28098	251	43	satisfactory	satisfactory	ADJ
cjfa-28098	251	44	dividends	dividend	NOUN
cjfa-28098	251	45	are	be	AUX
cjfa-28098	251	46	disbursed	disburse	VERB
cjfa-28098	251	47	.	.	PUNCT
cjfa-28098	252	1	(	(	PUNCT
cjfa-28098	252	2	adjaoud	adjaoud	PROPN
cjfa-28098	252	3	&	&	CCONJ
cjfa-28098	252	4	ben	ben	PROPN
cjfa-28098	252	5	-	-	PROPN
cjfa-28098	252	6	amar	amar	PROPN
cjfa-28098	252	7	,	,	PUNCT
cjfa-28098	252	8	2010	2010	NUM
cjfa-28098	252	9	)	)	PUNCT
cjfa-28098	252	10	in	in	ADP
cjfa-28098	252	11	their	their	PRON
cjfa-28098	252	12	study	study	NOUN
cjfa-28098	252	13	to	to	PART
cjfa-28098	252	14	identify	identify	VERB
cjfa-28098	252	15	the	the	DET
cjfa-28098	252	16	association	association	NOUN
cjfa-28098	252	17	between	between	ADP
cjfa-28098	252	18	cg	cg	NOUN
cjfa-28098	252	19	quality	quality	NOUN
cjfa-28098	252	20	and	and	CCONJ
cjfa-28098	252	21	payout	payout	ADJ
cjfa-28098	252	22	strategy	strategy	NOUN
cjfa-28098	252	23	in	in	ADP
cjfa-28098	252	24	canada	canada	PROPN
cjfa-28098	252	25	found	find	VERB
cjfa-28098	252	26	that	that	SCONJ
cjfa-28098	252	27	companies	company	NOUN
cjfa-28098	252	28	with	with	ADP
cjfa-28098	252	29	effective	effective	ADJ
cjfa-28098	252	30	cg	cg	NOUN
cjfa-28098	252	31	have	have	VERB
cjfa-28098	252	32	more	more	ADJ
cjfa-28098	252	33	dividend	dividend	NOUN
cjfa-28098	252	34	disbursement	disbursement	NOUN
cjfa-28098	252	35	.	.	PUNCT
cjfa-28098	253	1	they	they	PRON
cjfa-28098	253	2	also	also	ADV
cjfa-28098	253	3	revealed	reveal	VERB
cjfa-28098	253	4	that	that	SCONJ
cjfa-28098	253	5	among	among	ADP
cjfa-28098	253	6	the	the	DET
cjfa-28098	253	7	four	four	NUM
cjfa-28098	253	8	elements	element	NOUN
cjfa-28098	253	9	of	of	ADP
cjfa-28098	253	10	cg	cg	NOUN
cjfa-28098	253	11	,	,	PUNCT
cjfa-28098	253	12	bod	bod	ADJ
cjfa-28098	253	13	structure	structure	NOUN
cjfa-28098	253	14	and	and	CCONJ
cjfa-28098	253	15	investor	investor	NOUN
cjfa-28098	253	16	’s	’s	PART
cjfa-28098	253	17	interest	interest	NOUN
cjfa-28098	253	18	are	be	AUX
cjfa-28098	253	19	optimistically	optimistically	ADV
cjfa-28098	253	20	connected	connect	VERB
cjfa-28098	253	21	to	to	PART
cjfa-28098	253	22	dividend	dividend	VERB
cjfa-28098	253	23	disbursement	disbursement	NOUN
cjfa-28098	253	24	ratio	ratio	NOUN
cjfa-28098	253	25	.	.	PUNCT
cjfa-28098	254	1	generally	generally	ADV
cjfa-28098	254	2	words	word	NOUN
cjfa-28098	254	3	,	,	PUNCT
cjfa-28098	254	4	there	there	PRON
cjfa-28098	254	5	exists	exist	VERB
cjfa-28098	254	6	a	a	DET
cjfa-28098	254	7	growing	grow	VERB
cjfa-28098	254	8	level	level	NOUN
cjfa-28098	254	9	of	of	ADP
cjfa-28098	254	10	agreement	agreement	NOUN
cjfa-28098	254	11	that	that	PRON
cjfa-28098	254	12	payout	payout	NOUN
cjfa-28098	254	13	strategy	strategy	NOUN
cjfa-28098	254	14	plays	play	VERB
cjfa-28098	254	15	a	a	DET
cjfa-28098	254	16	role	role	NOUN
cjfa-28098	254	17	of	of	ADP
cjfa-28098	254	18	managerial	managerial	ADJ
cjfa-28098	254	19	supervision	supervision	NOUN
cjfa-28098	254	20	.	.	PUNCT
cjfa-28098	255	1	managerial	managerial	ADJ
cjfa-28098	255	2	shareholdings	shareholding	NOUN
cjfa-28098	255	3	one	one	NUM
cjfa-28098	255	4	of	of	ADP
cjfa-28098	255	5	the	the	DET
cjfa-28098	255	6	important	important	ADJ
cjfa-28098	255	7	perceived	perceive	VERB
cjfa-28098	255	8	way	way	NOUN
cjfa-28098	255	9	of	of	ADP
cjfa-28098	255	10	reducing	reduce	VERB
cjfa-28098	255	11	agency	agency	NOUN
cjfa-28098	255	12	problem	problem	NOUN
cjfa-28098	255	13	is	be	AUX
cjfa-28098	255	14	the	the	DET
cjfa-28098	255	15	escalating	escalate	VERB
cjfa-28098	255	16	the	the	DET
cjfa-28098	255	17	portion	portion	NOUN
cjfa-28098	255	18	of	of	ADP
cjfa-28098	255	19	managerial	managerial	ADJ
cjfa-28098	255	20	’	'	PUNCT
cjfa-28098	255	21	shareholding	shareholding	NOUN
cjfa-28098	255	22	or	or	CCONJ
cjfa-28098	255	23	internal	internal	ADJ
cjfa-28098	255	24	ownership	ownership	NOUN
cjfa-28098	255	25	,	,	PUNCT
cjfa-28098	255	26	which	which	PRON
cjfa-28098	255	27	might	might	AUX
cjfa-28098	255	28	result	result	VERB
cjfa-28098	255	29	a	a	DET
cjfa-28098	255	30	enhanced	enhanced	ADJ
cjfa-28098	255	31	coalition	coalition	NOUN
cjfa-28098	255	32	of	of	ADP
cjfa-28098	255	33	managerial	managerial	ADJ
cjfa-28098	255	34	welfare	welfare	NOUN
cjfa-28098	255	35	with	with	ADP
cjfa-28098	255	36	those	those	PRON
cjfa-28098	255	37	of	of	ADP
cjfa-28098	255	38	investors	investor	NOUN
cjfa-28098	255	39	.	.	PUNCT
cjfa-28098	256	1	with	with	ADP
cjfa-28098	256	2	the	the	DET
cjfa-28098	256	3	increase	increase	NOUN
cjfa-28098	256	4	of	of	ADP
cjfa-28098	256	5	executive	executive	NOUN
cjfa-28098	256	6	’s	’s	PART
cjfa-28098	256	7	shareholdings	shareholding	NOUN
cjfa-28098	256	8	,	,	PUNCT
cjfa-28098	256	9	executives	executive	NOUN
cjfa-28098	256	10	hold	hold	VERB
cjfa-28098	256	11	a	a	DET
cjfa-28098	256	12	large	large	ADJ
cjfa-28098	256	13	portion	portion	NOUN
cjfa-28098	256	14	of	of	ADP
cjfa-28098	256	15	the	the	DET
cjfa-28098	256	16	price	price	NOUN
cjfa-28098	256	17	of	of	ADP
cjfa-28098	256	18	avoidance	avoidance	NOUN
cjfa-28098	256	19	,	,	PUNCT
cjfa-28098	256	20	privilege	privilege	NOUN
cjfa-28098	256	21	spending	spending	NOUN
cjfa-28098	256	22	and	and	CCONJ
cjfa-28098	256	23	other	other	ADJ
cjfa-28098	256	24	value	value	NOUN
cjfa-28098	256	25	-	-	PUNCT
cjfa-28098	256	26	diminishing	diminish	VERB
cjfa-28098	256	27	measures	measure	NOUN
cjfa-28098	256	28	.	.	PUNCT
cjfa-28098	257	1	earlier	early	ADJ
cjfa-28098	257	2	studies	study	NOUN
cjfa-28098	257	3	such	such	ADJ
cjfa-28098	257	4	as	as	ADP
cjfa-28098	257	5	(	(	PUNCT
cjfa-28098	257	6	hermalin	hermalin	NOUN
cjfa-28098	257	7	&	&	CCONJ
cjfa-28098	257	8	weisbach	weisbach	NOUN
cjfa-28098	257	9	,	,	PUNCT
cjfa-28098	257	10	1991	1991	NUM
cjfa-28098	257	11	,	,	PUNCT
cjfa-28098	257	12	mcconnell	mcconnell	PROPN
cjfa-28098	257	13	&	&	CCONJ
cjfa-28098	257	14	servaes	servaes	PROPN
cjfa-28098	257	15	,	,	PUNCT
cjfa-28098	257	16	1990	1990	NUM
cjfa-28098	257	17	)	)	PUNCT
cjfa-28098	257	18	have	have	AUX
cjfa-28098	257	19	also	also	ADV
cjfa-28098	257	20	argued	argue	VERB
cjfa-28098	257	21	that	that	SCONJ
cjfa-28098	257	22	internal	internal	ADJ
cjfa-28098	257	23	managerial	managerial	ADJ
cjfa-28098	257	24	shareholdings	shareholding	NOUN
cjfa-28098	257	25	might	might	AUX
cjfa-28098	257	26	be	be	AUX
cjfa-28098	257	27	a	a	DET
cjfa-28098	257	28	useful	useful	ADJ
cjfa-28098	257	29	instrument	instrument	NOUN
cjfa-28098	257	30	in	in	ADP
cjfa-28098	257	31	controlling	control	VERB
cjfa-28098	257	32	agency	agency	NOUN
cjfa-28098	257	33	costs	cost	NOUN
cjfa-28098	257	34	,	,	PUNCT
cjfa-28098	257	35	even	even	ADV
cjfa-28098	257	36	though	though	SCONJ
cjfa-28098	257	37	some	some	DET
cjfa-28098	257	38	inconsistency	inconsistency	NOUN
cjfa-28098	257	39	exists	exist	VERB
cjfa-28098	257	40	.	.	PUNCT
cjfa-28098	258	1	(	(	PUNCT
cjfa-28098	258	2	connelly	connelly	ADV
cjfa-28098	258	3	,	,	PUNCT
cjfa-28098	258	4	hoskisson	hoskisson	PROPN
cjfa-28098	258	5	,	,	PUNCT
cjfa-28098	258	6	tihanyi	tihanyi	PROPN
cjfa-28098	258	7	&	&	CCONJ
cjfa-28098	258	8	certo	certo	PROPN
cjfa-28098	258	9	,	,	PUNCT
cjfa-28098	258	10	2010	2010	NUM
cjfa-28098	258	11	)	)	PUNCT
cjfa-28098	258	12	in	in	ADP
cjfa-28098	258	13	their	their	PRON
cjfa-28098	258	14	study	study	NOUN
cjfa-28098	258	15	on	on	ADP
cjfa-28098	258	16	the	the	DET
cjfa-28098	258	17	consequence	consequence	NOUN
cjfa-28098	258	18	of	of	ADP
cjfa-28098	258	19	alteration	alteration	NOUN
cjfa-28098	258	20	in	in	ADP
cjfa-28098	258	21	ownership	ownership	NOUN
cjfa-28098	258	22	formation	formation	NOUN
cjfa-28098	258	23	on	on	ADP
cjfa-28098	258	24	performance	performance	NOUN
cjfa-28098	258	25	found	find	VERB
cjfa-28098	258	26	that	that	SCONJ
cjfa-28098	258	27	there	there	PRON
cjfa-28098	258	28	is	be	VERB
cjfa-28098	258	29	significant	significant	ADJ
cjfa-28098	258	30	positive	positive	ADJ
cjfa-28098	258	31	relationship	relationship	NOUN
cjfa-28098	258	32	between	between	ADP
cjfa-28098	258	33	managerial	managerial	ADJ
cjfa-28098	258	34	shareholdings	shareholding	NOUN
cjfa-28098	258	35	and	and	CCONJ
cjfa-28098	258	36	firms	firm	NOUN
cjfa-28098	258	37	’	'	PUNCT
cjfa-28098	258	38	performance	performance	NOUN
cjfa-28098	258	39	which	which	PRON
cjfa-28098	258	40	is	be	AUX
cjfa-28098	258	41	coherent	coherent	ADJ
cjfa-28098	258	42	with	with	ADP
cjfa-28098	258	43	the	the	DET
cjfa-28098	258	44	position	position	NOUN
cjfa-28098	258	45	of	of	ADP
cjfa-28098	258	46	’	'	PUNCT
cjfa-28098	258	47	interests	interest	NOUN
cjfa-28098	258	48	hypothesis	hypothesis	NOUN
cjfa-28098	258	49	’	'	PUNCT
cjfa-28098	258	50	.	.	PUNCT
cjfa-28098	259	1	on	on	ADP
cjfa-28098	259	2	the	the	DET
cjfa-28098	259	3	other	other	ADJ
cjfa-28098	259	4	hand	hand	NOUN
cjfa-28098	259	5	,	,	PUNCT
cjfa-28098	259	6	other	other	ADJ
cjfa-28098	259	7	notable	notable	ADJ
cjfa-28098	259	8	researches	research	NOUN
cjfa-28098	259	9	found	find	VERB
cjfa-28098	259	10	no	no	DET
cjfa-28098	259	11	confirmation	confirmation	NOUN
cjfa-28098	259	12	of	of	ADP
cjfa-28098	259	13	an	an	DET
cjfa-28098	259	14	affirmative	affirmative	ADJ
cjfa-28098	259	15	association	association	NOUN
cjfa-28098	259	16	between	between	ADP
cjfa-28098	259	17	insider	insider	NOUN
cjfa-28098	259	18	managerial	managerial	ADJ
cjfa-28098	259	19	shareholdings	shareholding	NOUN
cjfa-28098	259	20	atm	atm	PROPN
cjfa-28098	259	21	adnan	adnan	PROPN
cjfa-28098	259	22	,	,	PUNCT
cjfa-28098	259	23	nisar	nisar	PROPN
cjfa-28098	259	24	ahmed26	ahmed26	ADJ
cjfa-28098	259	25	and	and	CCONJ
cjfa-28098	259	26	corporate	corporate	ADJ
cjfa-28098	259	27	performance	performance	NOUN
cjfa-28098	259	28	.	.	PUNCT
cjfa-28098	260	1	(	(	PUNCT
cjfa-28098	260	2	loderer	loderer	VERB
cjfa-28098	260	3	&	&	CCONJ
cjfa-28098	260	4	martin	martin	PROPN
cjfa-28098	260	5	,	,	PUNCT
cjfa-28098	260	6	1997	1997	NUM
cjfa-28098	260	7	)	)	PUNCT
cjfa-28098	260	8	showed	show	VERB
cjfa-28098	260	9	the	the	DET
cjfa-28098	260	10	limitation	limitation	NOUN
cjfa-28098	260	11	of	of	ADP
cjfa-28098	260	12	the	the	DET
cjfa-28098	260	13	earlier	early	ADJ
cjfa-28098	260	14	hypothesis	hypothesis	NOUN
cjfa-28098	260	15	by	by	ADP
cjfa-28098	260	16	saying	say	VERB
cjfa-28098	260	17	that	that	SCONJ
cjfa-28098	260	18	managers	manager	NOUN
cjfa-28098	260	19	might	might	AUX
cjfa-28098	260	20	not	not	PART
cjfa-28098	260	21	be	be	AUX
cjfa-28098	260	22	interested	interested	ADJ
cjfa-28098	260	23	to	to	PART
cjfa-28098	260	24	increase	increase	VERB
cjfa-28098	260	25	their	their	PRON
cjfa-28098	260	26	shareholdings	shareholding	NOUN
cjfa-28098	260	27	due	due	ADP
cjfa-28098	260	28	to	to	ADP
cjfa-28098	260	29	the	the	DET
cjfa-28098	260	30	concern	concern	NOUN
cjfa-28098	260	31	of	of	ADP
cjfa-28098	260	32	losing	lose	VERB
cjfa-28098	260	33	their	their	PRON
cjfa-28098	260	34	personal	personal	ADJ
cjfa-28098	260	35	wealth	wealth	NOUN
cjfa-28098	260	36	.	.	PUNCT
cjfa-28098	261	1	corporate	corporate	ADJ
cjfa-28098	261	2	governance	governance	NOUN
cjfa-28098	261	3	transformation	transformation	NOUN
cjfa-28098	261	4	the	the	DET
cjfa-28098	261	5	cg	cg	NOUN
cjfa-28098	261	6	matters	matter	NOUN
cjfa-28098	261	7	have	have	AUX
cjfa-28098	261	8	gained	gain	VERB
cjfa-28098	261	9	increased	increase	VERB
cjfa-28098	261	10	importance	importance	NOUN
cjfa-28098	261	11	from	from	ADP
cjfa-28098	261	12	the	the	DET
cjfa-28098	261	13	past	past	ADJ
cjfa-28098	261	14	two	two	NUM
cjfa-28098	261	15	decades	decade	NOUN
cjfa-28098	261	16	in	in	ADP
cjfa-28098	261	17	every	every	DET
cjfa-28098	261	18	developed	developed	ADJ
cjfa-28098	261	19	and	and	CCONJ
cjfa-28098	261	20	developing	develop	VERB
cjfa-28098	261	21	country	country	NOUN
cjfa-28098	261	22	around	around	ADP
cjfa-28098	261	23	the	the	DET
cjfa-28098	261	24	world	world	NOUN
cjfa-28098	261	25	.	.	PUNCT
cjfa-28098	262	1	in	in	ADP
cjfa-28098	262	2	the	the	DET
cjfa-28098	262	3	industrially	industrially	ADV
cjfa-28098	262	4	developed	develop	VERB
cjfa-28098	262	5	nations	nation	NOUN
cjfa-28098	262	6	(	(	PUNCT
cjfa-28098	262	7	i.e.	i.e.	X
cjfa-28098	262	8	uk	uk	PROPN
cjfa-28098	262	9	and	and	CCONJ
cjfa-28098	262	10	usa	usa	PROPN
cjfa-28098	262	11	)	)	PUNCT
cjfa-28098	262	12	cg	cg	NOUN
cjfa-28098	262	13	issues	issue	NOUN
cjfa-28098	262	14	gained	gain	VERB
cjfa-28098	262	15	more	more	ADJ
cjfa-28098	262	16	momentum	momentum	NOUN
cjfa-28098	262	17	due	due	ADP
cjfa-28098	262	18	to	to	ADP
cjfa-28098	262	19	the	the	DET
cjfa-28098	262	20	several	several	ADJ
cjfa-28098	262	21	undesirable	undesirable	ADJ
cjfa-28098	262	22	malpractices	malpractice	NOUN
cjfa-28098	262	23	in	in	ADP
cjfa-28098	262	24	the	the	DET
cjfa-28098	262	25	business	business	NOUN
cjfa-28098	262	26	conducts	conduct	NOUN
cjfa-28098	262	27	.	.	PUNCT
cjfa-28098	263	1	most	most	ADJ
cjfa-28098	263	2	of	of	ADP
cjfa-28098	263	3	the	the	DET
cjfa-28098	263	4	cases	case	NOUN
cjfa-28098	263	5	these	these	DET
cjfa-28098	263	6	severe	severe	ADJ
cjfa-28098	263	7	misconducts	misconduct	NOUN
cjfa-28098	263	8	resulted	result	VERB
cjfa-28098	263	9	in	in	ADP
cjfa-28098	263	10	specific	specific	ADJ
cjfa-28098	263	11	conceptual	conceptual	ADJ
cjfa-28098	263	12	and	and	CCONJ
cjfa-28098	263	13	intellectual	intellectual	ADJ
cjfa-28098	263	14	response	response	NOUN
cjfa-28098	263	15	from	from	ADP
cjfa-28098	263	16	the	the	DET
cjfa-28098	263	17	policy	policy	NOUN
cjfa-28098	263	18	makers	maker	NOUN
cjfa-28098	263	19	such	such	ADJ
cjfa-28098	263	20	as	as	ADP
cjfa-28098	263	21	cadbury	cadbury	NOUN
cjfa-28098	263	22	report	report	NOUN
cjfa-28098	263	23	(	(	PUNCT
cjfa-28098	263	24	uk	uk	PROPN
cjfa-28098	263	25	)	)	PUNCT
cjfa-28098	263	26	and	and	CCONJ
cjfa-28098	263	27	treadway	treadway	PROPN
cjfa-28098	263	28	commission	commission	NOUN
cjfa-28098	263	29	report	report	NOUN
cjfa-28098	263	30	(	(	PUNCT
cjfa-28098	263	31	usa	usa	PROPN
cjfa-28098	263	32	)	)	PUNCT
cjfa-28098	263	33	.	.	PUNCT
cjfa-28098	264	1	the	the	DET
cjfa-28098	264	2	urge	urge	NOUN
cjfa-28098	264	3	for	for	ADP
cjfa-28098	264	4	cg	cg	NOUN
cjfa-28098	264	5	changes	change	NOUN
cjfa-28098	264	6	,	,	PUNCT
cjfa-28098	264	7	however	however	ADV
cjfa-28098	264	8	,	,	PUNCT
cjfa-28098	264	9	has	have	AUX
cjfa-28098	264	10	got	get	VERB
cjfa-28098	264	11	profounder	profounder	NOUN
cjfa-28098	264	12	backgrounds	background	NOUN
cjfa-28098	264	13	(	(	PUNCT
cjfa-28098	264	14	both	both	CCONJ
cjfa-28098	264	15	in	in	ADP
cjfa-28098	264	16	advanced	advanced	ADJ
cjfa-28098	264	17	and	and	CCONJ
cjfa-28098	264	18	emerging	emerge	VERB
cjfa-28098	264	19	nations	nation	NOUN
cjfa-28098	264	20	)	)	PUNCT
cjfa-28098	264	21	that	that	PRON
cjfa-28098	264	22	link	link	VERB
cjfa-28098	264	23	to	to	ADP
cjfa-28098	264	24	the	the	DET
cjfa-28098	264	25	significant	significant	ADJ
cjfa-28098	264	26	experience	experience	NOUN
cjfa-28098	264	27	of	of	ADP
cjfa-28098	264	28	the	the	DET
cjfa-28098	264	29	states	state	NOUN
cjfa-28098	264	30	and	and	CCONJ
cjfa-28098	264	31	fundamental	fundamental	ADJ
cjfa-28098	264	32	modifications	modification	NOUN
cjfa-28098	264	33	in	in	ADP
cjfa-28098	264	34	the	the	DET
cjfa-28098	264	35	world	world	NOUN
cjfa-28098	264	36	wide	wide	ADJ
cjfa-28098	264	37	political	political	ADJ
cjfa-28098	264	38	economy	economy	NOUN
cjfa-28098	264	39	(	(	PUNCT
cjfa-28098	264	40	reed	reed	NOUN
cjfa-28098	264	41	,	,	PUNCT
cjfa-28098	264	42	2002	2002	NUM
cjfa-28098	264	43	)	)	PUNCT
cjfa-28098	264	44	.	.	PUNCT
cjfa-28098	265	1	this	this	DET
cjfa-28098	265	2	section	section	NOUN
cjfa-28098	265	3	of	of	ADP
cjfa-28098	265	4	the	the	DET
cjfa-28098	265	5	study	study	NOUN
cjfa-28098	265	6	tries	try	VERB
cjfa-28098	265	7	to	to	PART
cjfa-28098	265	8	analyze	analyze	VERB
cjfa-28098	265	9	the	the	DET
cjfa-28098	265	10	contemporary	contemporary	ADJ
cjfa-28098	265	11	changes	change	NOUN
cjfa-28098	265	12	and	and	CCONJ
cjfa-28098	265	13	reforms	reform	NOUN
cjfa-28098	265	14	in	in	ADP
cjfa-28098	265	15	the	the	DET
cjfa-28098	265	16	cg	cg	NOUN
cjfa-28098	265	17	practices	practice	NOUN
cjfa-28098	265	18	around	around	ADP
cjfa-28098	265	19	the	the	DET
cjfa-28098	265	20	globe	globe	NOUN
cjfa-28098	265	21	and	and	CCONJ
cjfa-28098	265	22	tries	try	VERB
cjfa-28098	265	23	to	to	PART
cjfa-28098	265	24	point	point	VERB
cjfa-28098	265	25	out	out	ADP
cjfa-28098	265	26	any	any	DET
cjfa-28098	265	27	shift	shift	NOUN
cjfa-28098	265	28	in	in	ADP
cjfa-28098	265	29	trend	trend	NOUN
cjfa-28098	265	30	from	from	ADP
cjfa-28098	265	31	predominant	predominant	ADJ
cjfa-28098	265	32	cg	cg	NOUN
cjfa-28098	265	33	practices	practice	NOUN
cjfa-28098	265	34	(	(	PUNCT
cjfa-28098	265	35	shareholders	shareholder	NOUN
cjfa-28098	265	36	to	to	ADP
cjfa-28098	265	37	stakeholders	stakeholder	NOUN
cjfa-28098	265	38	)	)	PUNCT
cjfa-28098	265	39	.	.	PUNCT
cjfa-28098	266	1	the	the	DET
cjfa-28098	266	2	dominant	dominant	ADJ
cjfa-28098	266	3	standpoint	standpoint	NOUN
cjfa-28098	266	4	on	on	ADP
cjfa-28098	266	5	cg	cg	NOUN
cjfa-28098	266	6	is	be	AUX
cjfa-28098	266	7	agent	agent	NOUN
cjfa-28098	266	8	-	-	PUNCT
cjfa-28098	266	9	principle	principle	NOUN
cjfa-28098	266	10	theory	theory	NOUN
cjfa-28098	266	11	,	,	PUNCT
cjfa-28098	266	12	which	which	PRON
cjfa-28098	266	13	considers	consider	VERB
cjfa-28098	266	14	that	that	SCONJ
cjfa-28098	266	15	inconsistencies	inconsistency	NOUN
cjfa-28098	266	16	in	in	ADP
cjfa-28098	266	17	shareholders	shareholder	NOUN
cjfa-28098	266	18	and	and	CCONJ
cjfa-28098	266	19	manager	manager	NOUN
cjfa-28098	266	20	interests	interest	NOUN
cjfa-28098	266	21	creates	create	VERB
cjfa-28098	266	22	the	the	DET
cjfa-28098	266	23	key	key	ADJ
cjfa-28098	266	24	stakeholder	stakeholder	NOUN
cjfa-28098	266	25	dispute	dispute	NOUN
cjfa-28098	266	26	in	in	ADP
cjfa-28098	266	27	the	the	DET
cjfa-28098	266	28	contemporary	contemporary	ADJ
cjfa-28098	266	29	firm	firm	NOUN
cjfa-28098	266	30	(	(	PUNCT
cjfa-28098	266	31	jensen	jensen	PROPN
cjfa-28098	266	32	&	&	CCONJ
cjfa-28098	266	33	meckling	meckling	PROPN
cjfa-28098	266	34	,	,	PUNCT
cjfa-28098	266	35	1976	1976	NUM
cjfa-28098	266	36	;	;	PUNCT
cjfa-28098	266	37	jensen	jensen	PROPN
cjfa-28098	266	38	,	,	PUNCT
cjfa-28098	266	39	1989	1989	NUM
cjfa-28098	266	40	)	)	PUNCT
cjfa-28098	266	41	.	.	PUNCT
cjfa-28098	267	1	although	although	SCONJ
cjfa-28098	267	2	segregating	segregating	NOUN
cjfa-28098	267	3	of	of	ADP
cjfa-28098	267	4	rights	right	NOUN
cjfa-28098	267	5	and	and	CCONJ
cjfa-28098	267	6	managerial	managerial	ADJ
cjfa-28098	267	7	domination	domination	NOUN
cjfa-28098	267	8	characterizes	characterize	VERB
cjfa-28098	267	9	an	an	DET
cjfa-28098	267	10	effective	effective	ADJ
cjfa-28098	267	11	specialization	specialization	NOUN
cjfa-28098	267	12	of	of	ADP
cjfa-28098	267	13	role	role	NOUN
cjfa-28098	267	14	(	(	PUNCT
cjfa-28098	267	15	fama	fama	PROPN
cjfa-28098	267	16	&	&	CCONJ
cjfa-28098	267	17	jensen	jensen	PROPN
cjfa-28098	267	18	,	,	PUNCT
cjfa-28098	267	19	1983b	1983b	NUM
cjfa-28098	267	20	)	)	PUNCT
cjfa-28098	267	21	,	,	PUNCT
cjfa-28098	267	22	proficient	proficient	ADJ
cjfa-28098	267	23	managers	manager	NOUN
cjfa-28098	267	24	with	with	ADP
cjfa-28098	267	25	limited	limited	ADJ
cjfa-28098	267	26	or	or	CCONJ
cjfa-28098	267	27	nil	nil	ADJ
cjfa-28098	267	28	ownership	ownership	NOUN
cjfa-28098	267	29	right	right	ADV
cjfa-28098	267	30	in	in	ADP
cjfa-28098	267	31	the	the	DET
cjfa-28098	267	32	firms	firm	NOUN
cjfa-28098	267	33	will	will	AUX
cjfa-28098	267	34	barely	barely	ADV
cjfa-28098	267	35	hold	hold	VERB
cjfa-28098	267	36	any	any	DET
cjfa-28098	267	37	encouragement	encouragement	NOUN
cjfa-28098	267	38	to	to	PART
cjfa-28098	267	39	perform	perform	VERB
cjfa-28098	267	40	in	in	ADP
cjfa-28098	267	41	a	a	DET
cjfa-28098	267	42	way	way	NOUN
cjfa-28098	267	43	towards	towards	ADP
cjfa-28098	267	44	the	the	DET
cjfa-28098	267	45	shareholders	shareholder	NOUN
cjfa-28098	267	46	interest	interest	NOUN
cjfa-28098	267	47	.	.	PUNCT
cjfa-28098	268	1	the	the	DET
cjfa-28098	268	2	resolution	resolution	NOUN
cjfa-28098	268	3	to	to	ADP
cjfa-28098	268	4	this	this	DET
cjfa-28098	268	5	disagreement	disagreement	NOUN
cjfa-28098	268	6	is	be	AUX
cjfa-28098	268	7	contractual	contractual	ADJ
cjfa-28098	268	8	in	in	ADP
cjfa-28098	268	9	type	type	NOUN
cjfa-28098	268	10	like	like	ADP
cjfa-28098	268	11	‘	'	PUNCT
cjfa-28098	268	12	managerial	managerial	ADJ
cjfa-28098	268	13	compensation	compensation	NOUN
cjfa-28098	268	14	’	'	PUNCT
cjfa-28098	268	15	via	via	ADP
cjfa-28098	268	16	incentive	incentive	NOUN
cjfa-28098	268	17	arrangements	arrangement	NOUN
cjfa-28098	268	18	combined	combine	VERB
cjfa-28098	268	19	with	with	ADP
cjfa-28098	268	20	board	board	NOUN
cjfa-28098	268	21	and	and	CCONJ
cjfa-28098	268	22	financial	financial	ADJ
cjfa-28098	268	23	supervision	supervision	NOUN
cjfa-28098	268	24	(	(	PUNCT
cjfa-28098	268	25	useem	useem	ADJ
cjfa-28098	268	26	,	,	PUNCT
cjfa-28098	268	27	1993	1993	NUM
cjfa-28098	268	28	)	)	PUNCT
cjfa-28098	268	29	.	.	PUNCT
cjfa-28098	269	1	in	in	ADP
cjfa-28098	269	2	this	this	DET
cjfa-28098	269	3	stockholder	stockholder	NOUN
cjfa-28098	269	4	wealth	wealth	NOUN
cjfa-28098	269	5	maximization	maximization	NOUN
cjfa-28098	269	6	concept	concept	NOUN
cjfa-28098	269	7	of	of	ADP
cjfa-28098	269	8	the	the	DET
cjfa-28098	269	9	corporation	corporation	NOUN
cjfa-28098	269	10	,	,	PUNCT
cjfa-28098	269	11	contractual	contractual	ADJ
cjfa-28098	269	12	solutions	solution	NOUN
cjfa-28098	269	13	are	be	AUX
cjfa-28098	269	14	suggested	suggest	VERB
cjfa-28098	269	15	and	and	CCONJ
cjfa-28098	269	16	offered	offer	VERB
cjfa-28098	269	17	to	to	ADP
cjfa-28098	269	18	other	other	ADJ
cjfa-28098	269	19	stakeholders	stakeholder	NOUN
cjfa-28098	269	20	.	.	PUNCT
cjfa-28098	270	1	this	this	DET
cjfa-28098	270	2	type	type	NOUN
cjfa-28098	270	3	of	of	ADP
cjfa-28098	270	4	resolution	resolution	NOUN
cjfa-28098	270	5	perceives	perceive	VERB
cjfa-28098	270	6	the	the	DET
cjfa-28098	270	7	corporation	corporation	NOUN
cjfa-28098	270	8	as	as	ADV
cjfa-28098	270	9	slightly	slightly	ADV
cjfa-28098	270	10	more	more	ADJ
cjfa-28098	270	11	than	than	ADP
cjfa-28098	270	12	a	a	DET
cjfa-28098	270	13	link	link	NOUN
cjfa-28098	270	14	of	of	ADP
cjfa-28098	270	15	agreements	agreement	NOUN
cjfa-28098	270	16	(	(	PUNCT
cjfa-28098	270	17	williamson	williamson	PROPN
cjfa-28098	270	18	,	,	PUNCT
cjfa-28098	270	19	aoki	aoki	PROPN
cjfa-28098	270	20	&	&	CCONJ
cjfa-28098	270	21	gustafsson	gustafsson	PROPN
cjfa-28098	270	22	,	,	PUNCT
cjfa-28098	270	23	1990	1990	NUM
cjfa-28098	270	24	)	)	PUNCT
cjfa-28098	270	25	in	in	ADP
cjfa-28098	270	26	which	which	PRON
cjfa-28098	270	27	internal	internal	ADJ
cjfa-28098	270	28	stakeholder	stakeholder	NOUN
cjfa-28098	270	29	likely	likely	ADJ
cjfa-28098	270	30	to	to	PART
cjfa-28098	270	31	play	play	VERB
cjfa-28098	270	32	the	the	DET
cjfa-28098	270	33	intrinsically	intrinsically	ADV
cjfa-28098	270	34	adversarial	adversarial	ADJ
cjfa-28098	270	35	role	role	NOUN
cjfa-28098	270	36	(	(	PUNCT
cjfa-28098	270	37	roe	roe	NOUN
cjfa-28098	270	38	,	,	PUNCT
cjfa-28098	270	39	1994	1994	NUM
cjfa-28098	270	40	)	)	PUNCT
cjfa-28098	270	41	.	.	PUNCT
cjfa-28098	271	1	(	(	PUNCT
cjfa-28098	271	2	hansmann	hansmann	PROPN
cjfa-28098	271	3	&	&	CCONJ
cjfa-28098	271	4	kraakman	kraakman	PROPN
cjfa-28098	271	5	,	,	PUNCT
cjfa-28098	271	6	2004	2004	NUM
cjfa-28098	271	7	)	)	PUNCT
cjfa-28098	271	8	argues	argue	VERB
cjfa-28098	271	9	that	that	SCONJ
cjfa-28098	271	10	the	the	DET
cjfa-28098	271	11	conflict	conflict	NOUN
cjfa-28098	271	12	between	between	ADP
cjfa-28098	271	13	owners	owner	NOUN
cjfa-28098	271	14	and	and	CCONJ
cjfa-28098	271	15	managers	manager	NOUN
cjfa-28098	271	16	on	on	ADP
cjfa-28098	271	17	wealth	wealth	NOUN
cjfa-28098	271	18	distribution	distribution	NOUN
cjfa-28098	271	19	has	have	AUX
cjfa-28098	271	20	lately	lately	ADV
cjfa-28098	271	21	changed	change	VERB
cjfa-28098	271	22	its	its	PRON
cjfa-28098	271	23	course	course	NOUN
cjfa-28098	271	24	from	from	ADP
cjfa-28098	271	25	the	the	DET
cjfa-28098	271	26	construction	construction	NOUN
cjfa-28098	271	27	of	of	ADP
cjfa-28098	271	28	incentive	incentive	NOUN
cjfa-28098	271	29	structure	structure	NOUN
cjfa-28098	271	30	toward	toward	ADP
cjfa-28098	271	31	the	the	DET
cjfa-28098	271	32	strengthening	strengthening	NOUN
cjfa-28098	271	33	of	of	ADP
cjfa-28098	271	34	the	the	DET
cjfa-28098	271	35	system	system	NOUN
cjfa-28098	271	36	of	of	ADP
cjfa-28098	271	37	supervising	supervising	NOUN
cjfa-28098	271	38	and	and	CCONJ
cjfa-28098	271	39	accountability	accountability	NOUN
cjfa-28098	271	40	.	.	PUNCT
cjfa-28098	272	1	a	a	DET
cjfa-28098	272	2	great	great	ADJ
cjfa-28098	272	3	deal	deal	NOUN
cjfa-28098	272	4	of	of	ADP
cjfa-28098	272	5	cg	cg	NOUN
cjfa-28098	272	6	reform	reform	NOUN
cjfa-28098	272	7	is	be	AUX
cjfa-28098	272	8	reactive	reactive	ADJ
cjfa-28098	272	9	to	to	ADP
cjfa-28098	272	10	crisis	crisis	NOUN
cjfa-28098	272	11	(	(	PUNCT
cjfa-28098	272	12	cof	cof	VERB
cjfa-28098	272	13	the	the	DET
cjfa-28098	272	14	transformation	transformation	NOUN
cjfa-28098	272	15	of	of	ADP
cjfa-28098	272	16	the	the	DET
cjfa-28098	272	17	corporate	corporate	ADJ
cjfa-28098	272	18	governance	governance	NOUN
cjfa-28098	272	19	model	model	NOUN
cjfa-28098	272	20	…	…	NUM
cjfa-28098	272	21	27	27	NUM
cjfa-28098	272	22	fee	fee	NOUN
cjfa-28098	272	23	jr	jr	PROPN
cjfa-28098	272	24	,	,	PUNCT
cjfa-28098	272	25	1999	1999	NUM
cjfa-28098	272	26	)	)	PUNCT
cjfa-28098	272	27	and	and	CCONJ
cjfa-28098	272	28	the	the	DET
cjfa-28098	272	29	latest	late	ADJ
cjfa-28098	272	30	cg	cg	NOUN
cjfa-28098	272	31	failure	failure	NOUN
cjfa-28098	272	32	characterized	characterize	VERB
cjfa-28098	272	33	in	in	ADP
cjfa-28098	272	34	the	the	DET
cjfa-28098	272	35	financial	financial	ADJ
cjfa-28098	272	36	disaster	disaster	NOUN
cjfa-28098	272	37	in	in	ADP
cjfa-28098	272	38	the	the	DET
cjfa-28098	272	39	developed	developed	ADJ
cjfa-28098	272	40	world	world	NOUN
cjfa-28098	272	41	(	(	PUNCT
cjfa-28098	272	42	i.e.	i.e.	X
cjfa-28098	272	43	usa	usa	NOUN
cjfa-28098	272	44	)	)	PUNCT
cjfa-28098	272	45	have	have	AUX
cjfa-28098	272	46	started	start	VERB
cjfa-28098	272	47	an	an	DET
cjfa-28098	272	48	exceptional	exceptional	ADJ
cjfa-28098	272	49	drive	drive	NOUN
cjfa-28098	272	50	for	for	ADP
cjfa-28098	272	51	legislative	legislative	ADJ
cjfa-28098	272	52	change	change	NOUN
cjfa-28098	272	53	in	in	ADP
cjfa-28098	272	54	cg	cg	NOUN
cjfa-28098	272	55	framework	framework	NOUN
cjfa-28098	272	56	(	(	PUNCT
cjfa-28098	272	57	carney	carney	NOUN
cjfa-28098	272	58	,	,	PUNCT
cjfa-28098	272	59	gedajlovic	gedajlovic	PROPN
cjfa-28098	272	60	&	&	CCONJ
cjfa-28098	272	61	sur	sur	PROPN
cjfa-28098	272	62	,	,	PUNCT
cjfa-28098	272	63	2011	2011	NUM
cjfa-28098	272	64	)	)	PUNCT
cjfa-28098	272	65	.	.	PUNCT
cjfa-28098	273	1	shift	shift	VERB
cjfa-28098	273	2	from	from	ADP
cjfa-28098	273	3	shareholder	shareholder	NOUN
cjfa-28098	273	4	to	to	PART
cjfa-28098	273	5	stakeholder	stakeholder	VERB
cjfa-28098	273	6	the	the	DET
cjfa-28098	273	7	typical	typical	ADJ
cjfa-28098	273	8	movement	movement	NOUN
cjfa-28098	273	9	from	from	ADP
cjfa-28098	273	10	the	the	DET
cjfa-28098	273	11	‘	'	PUNCT
cjfa-28098	273	12	shareholder	shareholder	NOUN
cjfa-28098	273	13	perspective	perspective	NOUN
cjfa-28098	273	14	’	'	PUNCT
cjfa-28098	273	15	to	to	ADP
cjfa-28098	273	16	the	the	DET
cjfa-28098	273	17	‘	'	PUNCT
cjfa-28098	273	18	stakeholder	stakeholder	NOUN
cjfa-28098	273	19	perspective	perspective	NOUN
cjfa-28098	273	20	’	'	PUNCT
cjfa-28098	273	21	was	be	AUX
cjfa-28098	273	22	particularly	particularly	ADV
cjfa-28098	273	23	noticeable	noticeable	ADJ
cjfa-28098	273	24	in	in	ADP
cjfa-28098	273	25	the	the	DET
cjfa-28098	273	26	later	later	ADJ
cjfa-28098	273	27	part	part	NOUN
cjfa-28098	273	28	of	of	ADP
cjfa-28098	273	29	the	the	DET
cjfa-28098	273	30	20th	20th	ADJ
cjfa-28098	273	31	century	century	NOUN
cjfa-28098	273	32	.	.	PUNCT
cjfa-28098	274	1	the	the	DET
cjfa-28098	274	2	stakeholder	stakeholder	NOUN
cjfa-28098	274	3	model	model	NOUN
cjfa-28098	274	4	first	first	ADV
cjfa-28098	274	5	noticed	notice	VERB
cjfa-28098	274	6	to	to	PART
cjfa-28098	274	7	be	be	AUX
cjfa-28098	274	8	recognized	recognize	VERB
cjfa-28098	274	9	in	in	ADP
cjfa-28098	274	10	the	the	DET
cjfa-28098	274	11	1930	1930	NUM
cjfa-28098	274	12	by	by	ADP
cjfa-28098	274	13	general	general	ADJ
cjfa-28098	274	14	electric	electric	ADJ
cjfa-28098	274	15	company	company	NOUN
cjfa-28098	274	16	through	through	ADP
cjfa-28098	274	17	promoting	promote	VERB
cjfa-28098	274	18	the	the	DET
cjfa-28098	274	19	interest	interest	NOUN
cjfa-28098	274	20	of	of	ADP
cjfa-28098	274	21	broader	broad	ADJ
cjfa-28098	274	22	interest	interest	NOUN
cjfa-28098	274	23	group	group	NOUN
cjfa-28098	274	24	to	to	PART
cjfa-28098	274	25	tackle	tackle	VERB
cjfa-28098	274	26	the	the	DET
cjfa-28098	274	27	economic	economic	ADJ
cjfa-28098	274	28	crisis	crisis	NOUN
cjfa-28098	274	29	(	(	PUNCT
cjfa-28098	274	30	depression	depression	NOUN
cjfa-28098	274	31	)	)	PUNCT
cjfa-28098	274	32	(	(	PUNCT
cjfa-28098	274	33	preston	preston	PROPN
cjfa-28098	274	34	&	&	CCONJ
cjfa-28098	274	35	sapienza	sapienza	PROPN
cjfa-28098	274	36	,	,	PUNCT
cjfa-28098	274	37	1990	1990	NUM
cjfa-28098	274	38	)	)	PUNCT
cjfa-28098	274	39	.	.	PUNCT
cjfa-28098	275	1	this	this	DET
cjfa-28098	275	2	stake	stake	NOUN
cjfa-28098	275	3	holding	hold	VERB
cjfa-28098	275	4	concept	concept	NOUN
cjfa-28098	275	5	was	be	AUX
cjfa-28098	275	6	grasped	grasp	VERB
cjfa-28098	275	7	by	by	ADP
cjfa-28098	275	8	other	other	ADJ
cjfa-28098	275	9	influential	influential	ADJ
cjfa-28098	275	10	corporate	corporate	ADJ
cjfa-28098	275	11	bodies	body	NOUN
cjfa-28098	275	12	and	and	CCONJ
cjfa-28098	275	13	academicians	academician	NOUN
cjfa-28098	275	14	in	in	ADP
cjfa-28098	275	15	the	the	DET
cjfa-28098	275	16	mid-1950s	mid-1950	NOUN
cjfa-28098	275	17	,	,	PUNCT
cjfa-28098	275	18	recommended	recommend	VERB
cjfa-28098	275	19	that	that	SCONJ
cjfa-28098	275	20	equity	equity	NOUN
cjfa-28098	275	21	-	-	PUNCT
cjfa-28098	275	22	holders	holder	NOUN
cjfa-28098	275	23	’	'	PUNCT
cjfa-28098	275	24	wealth	wealth	NOUN
cjfa-28098	275	25	can	can	AUX
cjfa-28098	275	26	be	be	AUX
cjfa-28098	275	27	sustainable	sustainable	ADJ
cjfa-28098	275	28	and	and	CCONJ
cjfa-28098	275	29	may	may	AUX
cjfa-28098	275	30	well	well	ADV
cjfa-28098	275	31	be	be	AUX
cjfa-28098	275	32	increased	increase	VERB
cjfa-28098	275	33	by	by	ADP
cjfa-28098	275	34	nourishing	nourish	VERB
cjfa-28098	275	35	the	the	DET
cjfa-28098	275	36	needs	need	NOUN
cjfa-28098	275	37	and	and	CCONJ
cjfa-28098	275	38	expectancies	expectancy	NOUN
cjfa-28098	275	39	of	of	ADP
cjfa-28098	275	40	other	other	ADJ
cjfa-28098	275	41	participants	participant	NOUN
cjfa-28098	275	42	(	(	PUNCT
cjfa-28098	275	43	hummels	hummel	NOUN
cjfa-28098	275	44	,	,	PUNCT
cjfa-28098	275	45	1998	1998	NUM
cjfa-28098	275	46	)	)	PUNCT
cjfa-28098	275	47	.	.	PUNCT
cjfa-28098	276	1	in	in	ADP
cjfa-28098	276	2	between	between	ADP
cjfa-28098	276	3	the	the	DET
cjfa-28098	276	4	period	period	NOUN
cjfa-28098	276	5	of	of	ADP
cjfa-28098	276	6	1960s	1960	NOUN
cjfa-28098	276	7	to	to	ADP
cjfa-28098	276	8	1980s	1980s	NUM
cjfa-28098	276	9	,	,	PUNCT
cjfa-28098	276	10	the	the	DET
cjfa-28098	276	11	stakeholder	stakeholder	NOUN
cjfa-28098	276	12	model	model	NOUN
cjfa-28098	276	13	gained	gain	VERB
cjfa-28098	276	14	wide	wide	ADJ
cjfa-28098	276	15	acceptance	acceptance	NOUN
cjfa-28098	276	16	among	among	ADP
cjfa-28098	276	17	the	the	DET
cjfa-28098	276	18	consumer	consumer	NOUN
cjfa-28098	276	19	groups	group	NOUN
cjfa-28098	276	20	,	,	PUNCT
cjfa-28098	276	21	environmental	environmental	ADJ
cjfa-28098	276	22	protectionists	protectionist	NOUN
cjfa-28098	276	23	and	and	CCONJ
cjfa-28098	276	24	communities	community	NOUN
cjfa-28098	276	25	.	.	PUNCT
cjfa-28098	277	1	the	the	DET
cjfa-28098	277	2	concept	concept	NOUN
cjfa-28098	277	3	was	be	AUX
cjfa-28098	277	4	also	also	ADV
cjfa-28098	277	5	applied	apply	VERB
cjfa-28098	277	6	by	by	ADP
cjfa-28098	277	7	the	the	DET
cjfa-28098	277	8	ceo	ceo	NOUN
cjfa-28098	277	9	’s	’	VERB
cjfa-28098	277	10	as	as	ADP
cjfa-28098	277	11	a	a	DET
cjfa-28098	277	12	safeguard	safeguard	NOUN
cjfa-28098	277	13	against	against	ADP
cjfa-28098	277	14	the	the	DET
cjfa-28098	277	15	potential	potential	ADJ
cjfa-28098	277	16	hostile	hostile	ADJ
cjfa-28098	277	17	takeover	takeover	NOUN
cjfa-28098	277	18	in	in	ADP
cjfa-28098	277	19	90s	90	NOUN
cjfa-28098	277	20	for	for	ADP
cjfa-28098	277	21	example	example	NOUN
cjfa-28098	277	22	the	the	DET
cjfa-28098	277	23	case	case	NOUN
cjfa-28098	277	24	of	of	ADP
cjfa-28098	277	25	paramount	paramount	ADJ
cjfa-28098	277	26	communications	communication	NOUN
cjfa-28098	277	27	v.	v.	ADP
cjfa-28098	277	28	time	time	PROPN
cjfa-28098	277	29	inc	inc	PROPN
cjfa-28098	277	30	.	.	PROPN
cjfa-28098	277	31	in	in	ADP
cjfa-28098	277	32	19891	19891	NUM
cjfa-28098	277	33	and	and	CCONJ
cjfa-28098	277	34	credit	credit	PROPN
cjfa-28098	277	35	lyonnais	lyonnais	PROPN
cjfa-28098	277	36	bank	bank	PROPN
cjfa-28098	277	37	n.v	n.v	PROPN
cjfa-28098	277	38	.	.	PROPN
cjfa-28098	278	1	v.	v.	PROPN
cjfa-28098	278	2	pathe	pathe	PROPN
cjfa-28098	278	3	communications	communications	PROPN
cjfa-28098	278	4	corp	corp	PROPN
cjfa-28098	278	5	in	in	ADP
cjfa-28098	278	6	19912	19912	NUM
cjfa-28098	278	7	.	.	PUNCT
cjfa-28098	279	1	the	the	DET
cjfa-28098	279	2	diversion	diversion	NOUN
cjfa-28098	279	3	from	from	ADP
cjfa-28098	279	4	the	the	DET
cjfa-28098	279	5	traditional	traditional	ADJ
cjfa-28098	279	6	shareholders	shareholder	NOUN
cjfa-28098	279	7	interest	interest	NOUN
cjfa-28098	279	8	based	base	VERB
cjfa-28098	279	9	mindset	mindset	NOUN
cjfa-28098	279	10	was	be	AUX
cjfa-28098	279	11	first	first	ADV
cjfa-28098	279	12	exhibited	exhibit	VERB
cjfa-28098	279	13	by	by	ADP
cjfa-28098	279	14	these	these	DET
cjfa-28098	279	15	two	two	NUM
cjfa-28098	279	16	significant	significant	ADJ
cjfa-28098	279	17	verdicts	verdict	NOUN
cjfa-28098	279	18	(	(	PUNCT
cjfa-28098	279	19	sullivan	sullivan	PROPN
cjfa-28098	279	20	&	&	CCONJ
cjfa-28098	279	21	conlon	conlon	PROPN
cjfa-28098	279	22	,	,	PUNCT
cjfa-28098	279	23	1997	1997	NUM
cjfa-28098	279	24	)	)	PUNCT
cjfa-28098	279	25	.	.	PUNCT
cjfa-28098	280	1	it	it	PRON
cjfa-28098	280	2	was	be	AUX
cjfa-28098	280	3	however	however	ADV
cjfa-28098	280	4	in	in	ADP
cjfa-28098	280	5	the	the	DET
cjfa-28098	280	6	1990s	1990	NOUN
cjfa-28098	280	7	that	that	SCONJ
cjfa-28098	280	8	the	the	DET
cjfa-28098	280	9	stakeholder	stakeholder	NOUN
cjfa-28098	280	10	view	view	NOUN
cjfa-28098	280	11	instigated	instigate	VERB
cjfa-28098	280	12	to	to	PART
cjfa-28098	280	13	be	be	AUX
cjfa-28098	280	14	extensively	extensively	ADV
cjfa-28098	280	15	applied	apply	VERB
cjfa-28098	280	16	in	in	ADP
cjfa-28098	280	17	the	the	DET
cjfa-28098	280	18	cg	cg	NOUN
cjfa-28098	280	19	argument	argument	NOUN
cjfa-28098	280	20	(	(	PUNCT
cjfa-28098	280	21	blair	blair	PROPN
cjfa-28098	280	22	,	,	PUNCT
cjfa-28098	280	23	1995	1995	NUM
cjfa-28098	280	24	)	)	PUNCT
cjfa-28098	280	25	.	.	PUNCT
cjfa-28098	281	1	the	the	DET
cjfa-28098	281	2	new	new	ADJ
cjfa-28098	281	3	model	model	NOUN
cjfa-28098	281	4	has	have	AUX
cjfa-28098	281	5	been	be	AUX
cjfa-28098	281	6	so	so	ADV
cjfa-28098	281	7	prominent	prominent	ADJ
cjfa-28098	281	8	that	that	SCONJ
cjfa-28098	281	9	by	by	ADP
cjfa-28098	281	10	2000	2000	NUM
cjfa-28098	281	11	most	most	ADJ
cjfa-28098	281	12	of	of	ADP
cjfa-28098	281	13	the	the	DET
cjfa-28098	281	14	states	state	NOUN
cjfa-28098	281	15	in	in	ADP
cjfa-28098	281	16	the	the	DET
cjfa-28098	281	17	usa	usa	PROPN
cjfa-28098	281	18	have	have	AUX
cjfa-28098	281	19	explicitly	explicitly	ADV
cjfa-28098	281	20	recommended	recommend	VERB
cjfa-28098	281	21	executives	executive	NOUN
cjfa-28098	281	22	to	to	PART
cjfa-28098	281	23	make	make	VERB
cjfa-28098	281	24	sure	sure	ADJ
cjfa-28098	281	25	the	the	DET
cjfa-28098	281	26	welfares	welfare	NOUN
cjfa-28098	281	27	of	of	ADP
cjfa-28098	281	28	stakeholders	stakeholder	NOUN
cjfa-28098	281	29	in	in	ADP
cjfa-28098	281	30	their	their	PRON
cjfa-28098	281	31	policymaking	policymaking	NOUN
cjfa-28098	281	32	and	and	CCONJ
cjfa-28098	281	33	execution	execution	NOUN
cjfa-28098	281	34	(	(	PUNCT
cjfa-28098	281	35	stoney	stoney	PROPN
cjfa-28098	281	36	&	&	CCONJ
cjfa-28098	281	37	winstanley	winstanley	PROPN
cjfa-28098	281	38	,	,	PUNCT
cjfa-28098	281	39	2001	2001	NUM
cjfa-28098	281	40	)	)	PUNCT
cjfa-28098	281	41	.	.	PUNCT
cjfa-28098	282	1	(	(	PUNCT
cjfa-28098	282	2	donaldson	donaldson	PROPN
cjfa-28098	282	3	&	&	CCONJ
cjfa-28098	282	4	preston	preston	PROPN
cjfa-28098	282	5	,	,	PUNCT
cjfa-28098	282	6	1995	1995	NUM
cjfa-28098	282	7	)	)	PUNCT
cjfa-28098	282	8	argued	argue	VERB
cjfa-28098	282	9	that	that	SCONJ
cjfa-28098	282	10	,	,	PUNCT
cjfa-28098	282	11	this	this	DET
cjfa-28098	282	12	movement	movement	NOUN
cjfa-28098	282	13	regarding	regard	VERB
cjfa-28098	282	14	stakeholder	stakeholder	NOUN
cjfa-28098	282	15	orientation	orientation	NOUN
cjfa-28098	282	16	is	be	AUX
cjfa-28098	282	17	not	not	PART
cjfa-28098	282	18	exclusively	exclusively	ADV
cjfa-28098	282	19	a	a	DET
cjfa-28098	282	20	u.s	u.s	PROPN
cjfa-28098	282	21	.	.	PROPN
cjfa-28098	282	22	phenomenon	phenomenon	NOUN
cjfa-28098	282	23	and	and	CCONJ
cjfa-28098	282	24	is	be	AUX
cjfa-28098	282	25	manifested	manifest	VERB
cjfa-28098	282	26	in	in	ADP
cjfa-28098	282	27	the	the	DET
cjfa-28098	282	28	prevailing	prevail	VERB
cjfa-28098	282	29	and	and	CCONJ
cjfa-28098	282	30	emergent	emergent	VERB
cjfa-28098	282	31	corporate	corporate	ADJ
cjfa-28098	282	32	structure	structure	NOUN
cjfa-28098	282	33	of	of	ADP
cjfa-28098	282	34	many	many	ADJ
cjfa-28098	282	35	economically	economically	ADV
cjfa-28098	282	36	advanced	advanced	ADJ
cjfa-28098	282	37	countries	country	NOUN
cjfa-28098	282	38	(	(	PUNCT
cjfa-28098	282	39	i.e.	i.e.	X
cjfa-28098	282	40	uk	uk	PROPN
cjfa-28098	282	41	,	,	PUNCT
cjfa-28098	282	42	germany	germany	PROPN
cjfa-28098	282	43	,	,	PUNCT
cjfa-28098	282	44	japan	japan	PROPN
cjfa-28098	282	45	)	)	PUNCT
cjfa-28098	282	46	.	.	PUNCT
cjfa-28098	283	1	1	1	NUM
cjfa-28098	283	2	 	 	SPACE
cjfa-28098	283	3	in	in	ADP
cjfa-28098	283	4	the	the	DET
cjfa-28098	283	5	case	case	NOUN
cjfa-28098	283	6	of	of	ADP
cjfa-28098	283	7	paramount	paramount	ADJ
cjfa-28098	283	8	communications	communication	NOUN
cjfa-28098	283	9	v.	v.	ADP
cjfa-28098	283	10	time	time	PROPN
cjfa-28098	283	11	inc	inc	PROPN
cjfa-28098	283	12	.	.	PROPN
cjfa-28098	283	13	in	in	ADP
cjfa-28098	283	14	1989	1989	NUM
cjfa-28098	283	15	,	,	PUNCT
cjfa-28098	283	16	the	the	DET
cjfa-28098	283	17	court	court	NOUN
cjfa-28098	283	18	permitted	permit	VERB
cjfa-28098	283	19	time	time	NOUN
cjfa-28098	283	20	’s	’s	PART
cjfa-28098	283	21	directors	director	NOUN
cjfa-28098	283	22	to	to	PART
cjfa-28098	283	23	discard	discard	VERB
cjfa-28098	283	24	paramount	paramount	PROPN
cjfa-28098	283	25	’s	’s	PART
cjfa-28098	283	26	takeover	takeover	NOUN
cjfa-28098	283	27	proposal	proposal	NOUN
cjfa-28098	283	28	even	even	ADV
cjfa-28098	283	29	though	though	SCONJ
cjfa-28098	283	30	that	that	PRON
cjfa-28098	283	31	offer	offer	VERB
cjfa-28098	283	32	boosted	boost	VERB
cjfa-28098	283	33	stockholders	stockholder	NOUN
cjfa-28098	283	34	’	'	PUNCT
cjfa-28098	283	35	financial	financial	ADJ
cjfa-28098	283	36	wealth	wealth	NOUN
cjfa-28098	283	37	.	.	PUNCT
cjfa-28098	284	1	2	2	NUM
cjfa-28098	284	2	 	 	SPACE
cjfa-28098	284	3	in	in	ADP
cjfa-28098	284	4	the	the	DET
cjfa-28098	284	5	instance	instance	NOUN
cjfa-28098	284	6	of	of	ADP
cjfa-28098	284	7	credit	credit	PROPN
cjfa-28098	284	8	lyonnais	lyonnais	PROPN
cjfa-28098	284	9	bank	bank	PROPN
cjfa-28098	284	10	n.v	n.v	PROPN
cjfa-28098	284	11	.	.	PROPN
cjfa-28098	284	12	v.	v.	PROPN
cjfa-28098	284	13	pathe	pathe	PROPN
cjfa-28098	284	14	communications	communications	PROPN
cjfa-28098	284	15	corp	corp	PROPN
cjfa-28098	284	16	.	.	PROPN
cjfa-28098	284	17	(	(	PUNCT
cjfa-28098	284	18	1991	1991	NUM
cjfa-28098	284	19	)	)	PUNCT
cjfa-28098	284	20	,	,	PUNCT
cjfa-28098	284	21	the	the	DET
cjfa-28098	284	22	court	court	NOUN
cjfa-28098	284	23	again	again	ADV
cjfa-28098	284	24	promoted	promote	VERB
cjfa-28098	284	25	a	a	DET
cjfa-28098	284	26	stakeholder	stakeholder	NOUN
cjfa-28098	284	27	concept	concept	NOUN
cjfa-28098	284	28	on	on	ADP
cjfa-28098	284	29	the	the	DET
cjfa-28098	284	30	basis	basis	NOUN
cjfa-28098	284	31	that	that	SCONJ
cjfa-28098	284	32	directors	director	NOUN
cjfa-28098	284	33	do	do	AUX
cjfa-28098	284	34	not	not	PART
cjfa-28098	284	35	owe	owe	VERB
cjfa-28098	284	36	duties	duty	NOUN
cjfa-28098	284	37	to	to	ADP
cjfa-28098	284	38	any	any	DET
cjfa-28098	284	39	single	single	ADJ
cjfa-28098	284	40	interest	interest	NOUN
cjfa-28098	284	41	group	group	NOUN
cjfa-28098	284	42	,	,	PUNCT
cjfa-28098	284	43	but	but	CCONJ
cjfa-28098	284	44	to	to	ADP
cjfa-28098	284	45	the	the	DET
cjfa-28098	284	46	corporation	corporation	NOUN
cjfa-28098	284	47	as	as	ADP
cjfa-28098	284	48	a	a	DET
cjfa-28098	284	49	whole	whole	NOUN
cjfa-28098	284	50	.	.	PUNCT
cjfa-28098	285	1	atm	atm	PROPN
cjfa-28098	285	2	adnan	adnan	PROPN
cjfa-28098	285	3	,	,	PUNCT
cjfa-28098	285	4	nisar	nisar	PROPN
cjfa-28098	285	5	ahmed28	ahmed28	PROPN
cjfa-28098	285	6	there	there	PRON
cjfa-28098	285	7	is	be	VERB
cjfa-28098	285	8	sufficient	sufficient	ADJ
cjfa-28098	285	9	explanatory	explanatory	ADJ
cjfa-28098	285	10	proof	proof	NOUN
cjfa-28098	285	11	,	,	PUNCT
cjfa-28098	285	12	that	that	SCONJ
cjfa-28098	285	13	most	most	ADJ
cjfa-28098	285	14	managers	manager	NOUN
cjfa-28098	285	15	are	be	AUX
cjfa-28098	285	16	perceived	perceive	VERB
cjfa-28098	285	17	to	to	PART
cjfa-28098	285	18	be	be	AUX
cjfa-28098	285	19	practicing	practice	VERB
cjfa-28098	285	20	stakeholder	stakeholder	NOUN
cjfa-28098	285	21	model	model	NOUN
cjfa-28098	285	22	.	.	PUNCT
cjfa-28098	286	1	(	(	PUNCT
cjfa-28098	286	2	baumhart	baumhart	NOUN
cjfa-28098	286	3	,	,	PUNCT
cjfa-28098	286	4	1968	1968	NUM
cjfa-28098	286	5	)	)	PUNCT
cjfa-28098	286	6	in	in	ADP
cjfa-28098	286	7	this	this	DET
cjfa-28098	286	8	survey	survey	NOUN
cjfa-28098	286	9	of	of	ADP
cjfa-28098	286	10	top	top	ADJ
cjfa-28098	286	11	-	-	PUNCT
cjfa-28098	286	12	level	level	NOUN
cjfa-28098	286	13	executives	executive	NOUN
cjfa-28098	286	14	discovered	discover	VERB
cjfa-28098	286	15	that	that	SCONJ
cjfa-28098	286	16	about	about	ADP
cjfa-28098	286	17	4/5th	4/5th	NUM
cjfa-28098	286	18	of	of	ADP
cjfa-28098	286	19	them	they	PRON
cjfa-28098	286	20	believe	believe	VERB
cjfa-28098	286	21	that	that	SCONJ
cjfa-28098	286	22	only	only	ADV
cjfa-28098	286	23	concentrating	concentrate	VERB
cjfa-28098	286	24	on	on	ADP
cjfa-28098	286	25	the	the	DET
cjfa-28098	286	26	equity	equity	NOUN
cjfa-28098	286	27	holders	holder	NOUN
cjfa-28098	286	28	interest	interest	NOUN
cjfa-28098	286	29	while	while	SCONJ
cjfa-28098	286	30	avoiding	avoid	VERB
cjfa-28098	286	31	the	the	DET
cjfa-28098	286	32	interest	interest	NOUN
cjfa-28098	286	33	of	of	ADP
cjfa-28098	286	34	other	other	ADJ
cjfa-28098	286	35	interested	interested	ADJ
cjfa-28098	286	36	contributor	contributor	NOUN
cjfa-28098	286	37	(	(	PUNCT
cjfa-28098	286	38	stake	stake	NOUN
cjfa-28098	286	39	holders	holder	NOUN
cjfa-28098	286	40	)	)	PUNCT
cjfa-28098	286	41	in	in	ADP
cjfa-28098	286	42	the	the	DET
cjfa-28098	286	43	business	business	NOUN
cjfa-28098	286	44	is	be	AUX
cjfa-28098	286	45	not	not	PART
cjfa-28098	286	46	an	an	DET
cjfa-28098	286	47	ethical	ethical	ADJ
cjfa-28098	286	48	behavior	behavior	NOUN
cjfa-28098	286	49	.	.	PUNCT
cjfa-28098	287	1	subsequent	subsequent	ADJ
cjfa-28098	287	2	empirical	empirical	ADJ
cjfa-28098	287	3	studies	study	NOUN
cjfa-28098	287	4	of	of	ADP
cjfa-28098	287	5	(	(	PUNCT
cjfa-28098	287	6	brenner	brenner	PROPN
cjfa-28098	287	7	&	&	CCONJ
cjfa-28098	287	8	molander	molander	NOUN
cjfa-28098	287	9	,	,	PUNCT
cjfa-28098	287	10	1977	1977	NUM
cjfa-28098	287	11	)	)	PUNCT
cjfa-28098	287	12	and	and	CCONJ
cjfa-28098	287	13	(	(	PUNCT
cjfa-28098	287	14	posner	posner	NOUN
cjfa-28098	287	15	&	&	CCONJ
cjfa-28098	287	16	schmidt	schmidt	PROPN
cjfa-28098	287	17	,	,	PUNCT
cjfa-28098	287	18	1984	1984	NUM
cjfa-28098	287	19	)	)	PUNCT
cjfa-28098	287	20	about	about	ADP
cjfa-28098	287	21	the	the	DET
cjfa-28098	287	22	stakeholders	stakeholder	NOUN
cjfa-28098	287	23	orientation	orientation	NOUN
cjfa-28098	287	24	of	of	ADP
cjfa-28098	287	25	top	top	ADJ
cjfa-28098	287	26	executives	executive	NOUN
cjfa-28098	287	27	have	have	AUX
cjfa-28098	287	28	unveiled	unveil	VERB
cjfa-28098	287	29	analogous	analogous	ADJ
cjfa-28098	287	30	outcomes	outcome	NOUN
cjfa-28098	287	31	.	.	PUNCT
cjfa-28098	288	1	(	(	PUNCT
cjfa-28098	288	2	clarkson	clarkson	PROPN
cjfa-28098	288	3	,	,	PUNCT
cjfa-28098	288	4	1995	1995	NUM
cjfa-28098	288	5	)	)	PUNCT
cjfa-28098	288	6	tried	try	VERB
cjfa-28098	288	7	to	to	PART
cjfa-28098	288	8	segregate	segregate	VERB
cjfa-28098	288	9	the	the	DET
cjfa-28098	288	10	practitioner	practitioner	NOUN
cjfa-28098	288	11	and	and	CCONJ
cjfa-28098	288	12	nonpractitioner	nonpractitioner	ADJ
cjfa-28098	288	13	firms	firm	NOUN
cjfa-28098	288	14	of	of	ADP
cjfa-28098	288	15	stakeholders	stakeholder	NOUN
cjfa-28098	288	16	’	'	PUNCT
cjfa-28098	288	17	management	management	NOUN
cjfa-28098	288	18	found	find	VERB
cjfa-28098	288	19	insignificant	insignificant	ADJ
cjfa-28098	288	20	numbers	number	NOUN
cjfa-28098	288	21	of	of	ADP
cjfa-28098	288	22	entities	entity	NOUN
cjfa-28098	288	23	in	in	ADP
cjfa-28098	288	24	the	the	DET
cjfa-28098	288	25	second	second	ADJ
cjfa-28098	288	26	group	group	NOUN
cjfa-28098	288	27	.	.	PUNCT
cjfa-28098	289	1	executives	executive	NOUN
cjfa-28098	289	2	may	may	AUX
cjfa-28098	289	3	not	not	PART
cjfa-28098	289	4	make	make	VERB
cjfa-28098	289	5	clear	clear	ADJ
cjfa-28098	289	6	indication	indication	NOUN
cjfa-28098	289	7	to	to	ADP
cjfa-28098	289	8	“	"	PUNCT
cjfa-28098	289	9	stakeholder	stakeholder	NOUN
cjfa-28098	289	10	theory	theory	NOUN
cjfa-28098	289	11	,	,	PUNCT
cjfa-28098	289	12	”	"	PUNCT
cjfa-28098	289	13	but	but	CCONJ
cjfa-28098	289	14	most	most	ADJ
cjfa-28098	289	15	of	of	ADP
cjfa-28098	289	16	them	they	PRON
cjfa-28098	289	17	are	be	AUX
cjfa-28098	289	18	seemed	seem	VERB
cjfa-28098	289	19	to	to	PART
cjfa-28098	289	20	be	be	AUX
cjfa-28098	289	21	following	follow	VERB
cjfa-28098	289	22	in	in	ADP
cjfa-28098	289	23	practice	practice	NOUN
cjfa-28098	289	24	to	to	ADP
cjfa-28098	289	25	one	one	NUM
cjfa-28098	289	26	of	of	ADP
cjfa-28098	289	27	the	the	DET
cjfa-28098	289	28	fundamental	fundamental	ADJ
cjfa-28098	289	29	views	view	NOUN
cjfa-28098	289	30	of	of	ADP
cjfa-28098	289	31	the	the	DET
cjfa-28098	289	32	stakeholder	stakeholder	NOUN
cjfa-28098	289	33	theory	theory	NOUN
cjfa-28098	289	34	(	(	PUNCT
cjfa-28098	289	35	forbes	forbes	PROPN
cjfa-28098	289	36	&	&	CCONJ
cjfa-28098	289	37	hodgkinson	hodgkinson	PROPN
cjfa-28098	289	38	,	,	PUNCT
cjfa-28098	289	39	2014	2014	NUM
cjfa-28098	289	40	)	)	PUNCT
cjfa-28098	289	41	.	.	PUNCT
cjfa-28098	290	1	board	board	NOUN
cjfa-28098	290	2	composition	composition	NOUN
cjfa-28098	290	3	as	as	ADP
cjfa-28098	290	4	a	a	DET
cjfa-28098	290	5	representation	representation	NOUN
cjfa-28098	290	6	of	of	ADP
cjfa-28098	290	7	stakeholders	stakeholder	NOUN
cjfa-28098	290	8	orientation	orientation	VERB
cjfa-28098	290	9	one	one	NUM
cjfa-28098	290	10	of	of	ADP
cjfa-28098	290	11	the	the	DET
cjfa-28098	290	12	most	most	ADV
cjfa-28098	290	13	significant	significant	ADJ
cjfa-28098	290	14	expositions	exposition	NOUN
cjfa-28098	290	15	of	of	ADP
cjfa-28098	290	16	the	the	DET
cjfa-28098	290	17	shift	shift	NOUN
cjfa-28098	290	18	in	in	ADP
cjfa-28098	290	19	the	the	DET
cjfa-28098	290	20	cg	cg	NOUN
cjfa-28098	290	21	perception	perception	NOUN
cjfa-28098	290	22	has	have	AUX
cjfa-28098	290	23	been	be	AUX
cjfa-28098	290	24	exhibited	exhibit	VERB
cjfa-28098	290	25	in	in	ADP
cjfa-28098	290	26	the	the	DET
cjfa-28098	290	27	formation	formation	NOUN
cjfa-28098	290	28	of	of	ADP
cjfa-28098	290	29	the	the	DET
cjfa-28098	290	30	corporate	corporate	ADJ
cjfa-28098	290	31	boards	board	NOUN
cjfa-28098	290	32	(	(	PUNCT
cjfa-28098	290	33	cb	cb	NOUN
cjfa-28098	290	34	as	as	SCONJ
cjfa-28098	290	35	proceed	proceed	VERB
cjfa-28098	290	36	)	)	PUNCT
cjfa-28098	290	37	and	and	CCONJ
cjfa-28098	290	38	the	the	DET
cjfa-28098	290	39	changes	change	NOUN
cjfa-28098	290	40	in	in	ADP
cjfa-28098	290	41	the	the	DET
cjfa-28098	290	42	legislative	legislative	ADJ
cjfa-28098	290	43	recommendation	recommendation	NOUN
cjfa-28098	290	44	associated	associate	VERB
cjfa-28098	290	45	to	to	ADP
cjfa-28098	290	46	it	it	PRON
cjfa-28098	290	47	.	.	PUNCT
cjfa-28098	291	1	corporate	corporate	ADJ
cjfa-28098	291	2	board	board	NOUN
cjfa-28098	291	3	formation	formation	NOUN
cjfa-28098	291	4	and	and	CCONJ
cjfa-28098	291	5	its	its	PRON
cjfa-28098	291	6	impact	impact	NOUN
cjfa-28098	291	7	on	on	ADP
cjfa-28098	291	8	firms	firm	NOUN
cjfa-28098	291	9	’	'	PUNCT
cjfa-28098	291	10	corporate	corporate	ADJ
cjfa-28098	291	11	governance	governance	NOUN
cjfa-28098	291	12	has	have	AUX
cjfa-28098	291	13	long	long	ADV
cjfa-28098	291	14	been	be	AUX
cjfa-28098	291	15	subject	subject	ADJ
cjfa-28098	291	16	of	of	ADP
cjfa-28098	291	17	attention	attention	NOUN
cjfa-28098	291	18	and	and	CCONJ
cjfa-28098	291	19	argument	argument	NOUN
cjfa-28098	291	20	in	in	ADP
cjfa-28098	291	21	social	social	ADJ
cjfa-28098	291	22	and	and	CCONJ
cjfa-28098	291	23	business	business	NOUN
cjfa-28098	291	24	arena	arena	NOUN
cjfa-28098	291	25	.	.	PUNCT
cjfa-28098	292	1	lately	lately	ADV
cjfa-28098	292	2	denunciation	denunciation	NOUN
cjfa-28098	292	3	of	of	ADP
cjfa-28098	292	4	cb	cb	PROPN
cjfa-28098	292	5	has	have	AUX
cjfa-28098	292	6	risen	rise	VERB
cjfa-28098	292	7	considerably	considerably	ADV
cjfa-28098	292	8	.	.	PUNCT
cjfa-28098	293	1	the	the	DET
cjfa-28098	293	2	debate	debate	NOUN
cjfa-28098	293	3	have	have	AUX
cjfa-28098	293	4	been	be	AUX
cjfa-28098	293	5	more	more	ADV
cjfa-28098	293	6	concentrated	concentrated	ADJ
cjfa-28098	293	7	on	on	ADP
cjfa-28098	293	8	the	the	DET
cjfa-28098	293	9	issue	issue	NOUN
cjfa-28098	293	10	of	of	ADP
cjfa-28098	293	11	the	the	DET
cjfa-28098	293	12	freedom	freedom	NOUN
cjfa-28098	293	13	and	and	CCONJ
cjfa-28098	293	14	active	active	ADJ
cjfa-28098	293	15	operation	operation	NOUN
cjfa-28098	293	16	of	of	ADP
cjfa-28098	293	17	cb	cb	PROPN
cjfa-28098	293	18	(	(	PUNCT
cjfa-28098	293	19	mintzberg	mintzberg	PROPN
cjfa-28098	293	20	,	,	PUNCT
cjfa-28098	293	21	1983	1983	NUM
cjfa-28098	293	22	)	)	PUNCT
cjfa-28098	293	23	.	.	PUNCT
cjfa-28098	294	1	the	the	DET
cjfa-28098	294	2	most	most	ADV
cjfa-28098	294	3	regularly	regularly	ADV
cjfa-28098	294	4	advised	advise	VERB
cjfa-28098	294	5	board	board	NOUN
cjfa-28098	294	6	restructurings	restructuring	NOUN
cjfa-28098	294	7	points	point	NOUN
cjfa-28098	294	8	at	at	ADP
cjfa-28098	294	9	greater	great	ADJ
cjfa-28098	294	10	representation	representation	NOUN
cjfa-28098	294	11	of	of	ADP
cjfa-28098	294	12	non	non	ADJ
cjfa-28098	294	13	-	-	ADJ
cjfa-28098	294	14	executive	executive	ADJ
cjfa-28098	294	15	directors	director	NOUN
cjfa-28098	294	16	(	(	PUNCT
cjfa-28098	294	17	directors	director	NOUN
cjfa-28098	294	18	,	,	PUNCT
cjfa-28098	294	19	who	who	PRON
cjfa-28098	294	20	are	be	AUX
cjfa-28098	294	21	not	not	PART
cjfa-28098	294	22	belong	belong	ADJ
cjfa-28098	294	23	to	to	ADP
cjfa-28098	294	24	the	the	DET
cjfa-28098	294	25	managerial	managerial	ADJ
cjfa-28098	294	26	board	board	NOUN
cjfa-28098	294	27	)	)	PUNCT
cjfa-28098	294	28	.	.	PUNCT
cjfa-28098	295	1	nowadays	nowadays	ADV
cjfa-28098	295	2	nearly	nearly	ADV
cjfa-28098	295	3	all	all	PRON
cjfa-28098	295	4	large	large	ADJ
cjfa-28098	295	5	public	public	ADJ
cjfa-28098	295	6	limited	limited	ADJ
cjfa-28098	295	7	corporations	corporation	NOUN
cjfa-28098	295	8	board	board	NOUN
cjfa-28098	295	9	comprises	comprise	NOUN
cjfa-28098	295	10	of	of	ADP
cjfa-28098	295	11	75	75	NUM
cjfa-28098	295	12	%	%	NOUN
cjfa-28098	295	13	or	or	CCONJ
cjfa-28098	295	14	more	more	ADJ
cjfa-28098	295	15	non	non	ADJ
cjfa-28098	295	16	-	-	ADJ
cjfa-28098	295	17	executive	executive	ADJ
cjfa-28098	295	18	directors	director	NOUN
cjfa-28098	295	19	(	(	PUNCT
cjfa-28098	295	20	wang	wang	PROPN
cjfa-28098	295	21	&	&	CCONJ
cjfa-28098	295	22	coffey	coffey	PROPN
cjfa-28098	295	23	,	,	PUNCT
cjfa-28098	295	24	1992).the	1992).the	DET
cjfa-28098	295	25	underlining	underline	VERB
cjfa-28098	295	26	philosophy	philosophy	NOUN
cjfa-28098	295	27	is	be	AUX
cjfa-28098	295	28	that	that	PRON
cjfa-28098	295	29	external	external	ADJ
cjfa-28098	295	30	board	board	NOUN
cjfa-28098	295	31	members	member	NOUN
cjfa-28098	295	32	are	be	AUX
cjfa-28098	295	33	influential	influential	ADJ
cjfa-28098	295	34	to	to	ADP
cjfa-28098	295	35	a	a	DET
cjfa-28098	295	36	corporation	corporation	NOUN
cjfa-28098	295	37	’s	’s	PART
cjfa-28098	295	38	performance	performance	NOUN
cjfa-28098	295	39	that	that	PRON
cjfa-28098	295	40	is	be	AUX
cjfa-28098	295	41	also	also	ADV
cjfa-28098	295	42	backed	back	VERB
cjfa-28098	295	43	by	by	ADP
cjfa-28098	295	44	theories	theory	NOUN
cjfa-28098	295	45	such	such	ADJ
cjfa-28098	295	46	as	as	ADP
cjfa-28098	295	47	“	"	PUNCT
cjfa-28098	295	48	agency	agency	NOUN
cjfa-28098	295	49	theory	theory	NOUN
cjfa-28098	295	50	and	and	CCONJ
cjfa-28098	295	51	the	the	DET
cjfa-28098	295	52	stakeholder	stakeholder	NOUN
cjfa-28098	295	53	theory”(wang	theory”(wang	PROPN
cjfa-28098	295	54	&	&	CCONJ
cjfa-28098	295	55	dewhirst	dewhirst	PROPN
cjfa-28098	295	56	,	,	PUNCT
cjfa-28098	295	57	1992	1992	NUM
cjfa-28098	295	58	)	)	PUNCT
cjfa-28098	295	59	.	.	PUNCT
cjfa-28098	296	1	(	(	PUNCT
cjfa-28098	296	2	eisenhardt	eisenhardt	ADJ
cjfa-28098	296	3	,	,	PUNCT
cjfa-28098	296	4	1989	1989	NUM
cjfa-28098	296	5	)	)	PUNCT
cjfa-28098	297	1	argues	argue	VERB
cjfa-28098	297	2	that	that	SCONJ
cjfa-28098	297	3	the	the	DET
cjfa-28098	297	4	board	board	NOUN
cjfa-28098	297	5	is	be	AUX
cjfa-28098	297	6	one	one	NUM
cjfa-28098	297	7	of	of	ADP
cjfa-28098	297	8	the	the	DET
cjfa-28098	297	9	supervising	supervising	NOUN
cjfa-28098	297	10	tool	tool	NOUN
cjfa-28098	297	11	through	through	ADP
cjfa-28098	297	12	which	which	PRON
cjfa-28098	297	13	equity	equity	NOUN
cjfa-28098	297	14	-	-	PUNCT
cjfa-28098	297	15	holders	holder	NOUN
cjfa-28098	297	16	of	of	ADP
cjfa-28098	297	17	large	large	ADJ
cjfa-28098	297	18	corporation	corporation	NOUN
cjfa-28098	297	19	potentially	potentially	ADV
cjfa-28098	297	20	offset	offset	VERB
cjfa-28098	297	21	the	the	DET
cjfa-28098	297	22	discretionary	discretionary	ADJ
cjfa-28098	297	23	opportunistic	opportunistic	ADJ
cjfa-28098	297	24	behavior	behavior	NOUN
cjfa-28098	297	25	of	of	ADP
cjfa-28098	297	26	the	the	DET
cjfa-28098	297	27	top	top	ADJ
cjfa-28098	297	28	executives	executive	NOUN
cjfa-28098	297	29	.	.	PUNCT
cjfa-28098	298	1	the	the	DET
cjfa-28098	298	2	overhead	overhead	ADJ
cjfa-28098	298	3	arguments	argument	NOUN
cjfa-28098	298	4	suggest	suggest	VERB
cjfa-28098	298	5	that	that	SCONJ
cjfa-28098	298	6	internal	internal	ADJ
cjfa-28098	298	7	and	and	CCONJ
cjfa-28098	298	8	external	external	ADJ
cjfa-28098	298	9	board	board	NOUN
cjfa-28098	298	10	members	member	NOUN
cjfa-28098	298	11	may	may	AUX
cjfa-28098	298	12	have	have	VERB
cjfa-28098	298	13	dissimilar	dissimilar	ADJ
cjfa-28098	298	14	stakeholder	stakeholder	NOUN
cjfa-28098	298	15	focus	focus	NOUN
cjfa-28098	298	16	.	.	PUNCT
cjfa-28098	299	1	for	for	ADP
cjfa-28098	299	2	instance	instance	NOUN
cjfa-28098	299	3	,	,	PUNCT
cjfa-28098	299	4	external	external	ADJ
cjfa-28098	299	5	board	board	NOUN
cjfa-28098	299	6	representatives	representative	NOUN
cjfa-28098	299	7	are	be	AUX
cjfa-28098	299	8	greater	great	ADJ
cjfa-28098	299	9	stakeholders	stakeholder	NOUN
cjfa-28098	299	10	oriented	orient	VERB
cjfa-28098	299	11	(	(	PUNCT
cjfa-28098	299	12	weisbach	weisbach	NOUN
cjfa-28098	299	13	,	,	PUNCT
cjfa-28098	299	14	1988	1988	NUM
cjfa-28098	299	15	)	)	PUNCT
cjfa-28098	299	16	whom	whom	PRON
cjfa-28098	299	17	they	they	PRON
cjfa-28098	299	18	stand	stand	VERB
cjfa-28098	299	19	the	the	DET
cjfa-28098	299	20	transformation	transformation	NOUN
cjfa-28098	299	21	of	of	ADP
cjfa-28098	299	22	the	the	DET
cjfa-28098	299	23	corporate	corporate	ADJ
cjfa-28098	299	24	governance	governance	NOUN
cjfa-28098	299	25	model	model	NOUN
cjfa-28098	299	26	…	…	PUNCT
cjfa-28098	299	27	29	29	NUM
cjfa-28098	299	28	for	for	ADP
cjfa-28098	299	29	in	in	ADP
cjfa-28098	299	30	the	the	DET
cjfa-28098	299	31	board	board	NOUN
cjfa-28098	299	32	,	,	PUNCT
cjfa-28098	299	33	than	than	ADP
cjfa-28098	299	34	internal	internal	ADJ
cjfa-28098	299	35	board	board	NOUN
cjfa-28098	299	36	member	member	NOUN
cjfa-28098	299	37	reflecting	reflect	VERB
cjfa-28098	299	38	the	the	DET
cjfa-28098	299	39	conflict	conflict	NOUN
cjfa-28098	299	40	of	of	ADP
cjfa-28098	299	41	interest	interest	NOUN
cjfa-28098	299	42	portrayed	portray	VERB
cjfa-28098	299	43	by	by	ADP
cjfa-28098	299	44	agency	agency	NOUN
cjfa-28098	299	45	theory	theory	NOUN
cjfa-28098	299	46	.	.	PUNCT
cjfa-28098	300	1	(	(	PUNCT
cjfa-28098	300	2	wang	wang	PROPN
cjfa-28098	300	3	&	&	CCONJ
cjfa-28098	300	4	dewhirst	dewhirst	PROPN
cjfa-28098	300	5	,	,	PUNCT
cjfa-28098	300	6	1992	1992	NUM
cjfa-28098	300	7	)	)	PUNCT
cjfa-28098	300	8	however	however	ADV
cjfa-28098	300	9	,	,	PUNCT
cjfa-28098	300	10	argued	argue	VERB
cjfa-28098	300	11	that	that	SCONJ
cjfa-28098	300	12	there	there	PRON
cjfa-28098	300	13	is	be	VERB
cjfa-28098	300	14	no	no	DET
cjfa-28098	300	15	difference	difference	NOUN
cjfa-28098	300	16	in	in	ADP
cjfa-28098	300	17	perspective	perspective	NOUN
cjfa-28098	300	18	between	between	ADP
cjfa-28098	300	19	board	board	NOUN
cjfa-28098	300	20	members	member	NOUN
cjfa-28098	300	21	in	in	ADP
cjfa-28098	300	22	terms	term	NOUN
cjfa-28098	300	23	of	of	ADP
cjfa-28098	300	24	their	their	PRON
cjfa-28098	300	25	status	status	NOUN
cjfa-28098	300	26	because	because	SCONJ
cjfa-28098	300	27	according	accord	VERB
cjfa-28098	300	28	to	to	ADP
cjfa-28098	300	29	“	"	PUNCT
cjfa-28098	300	30	resource	resource	NOUN
cjfa-28098	300	31	dependency	dependency	NOUN
cjfa-28098	300	32	perception	perception	NOUN
cjfa-28098	300	33	”	"	PUNCT
cjfa-28098	300	34	externals	external	NOUN
cjfa-28098	300	35	are	be	AUX
cjfa-28098	300	36	selected	select	VERB
cjfa-28098	300	37	by	by	ADP
cjfa-28098	300	38	incumbent	incumbent	NOUN
cjfa-28098	300	39	board	board	NOUN
cjfa-28098	300	40	.	.	PUNCT
cjfa-28098	301	1	institutional	institutional	ADJ
cjfa-28098	301	2	stock	stock	NOUN
cjfa-28098	301	3	ownership	ownership	NOUN
cjfa-28098	301	4	as	as	ADP
cjfa-28098	301	5	a	a	DET
cjfa-28098	301	6	representation	representation	NOUN
cjfa-28098	301	7	of	of	ADP
cjfa-28098	301	8	stakeholders	stakeholder	NOUN
cjfa-28098	301	9	orientation	orientation	VERB
cjfa-28098	301	10	another	another	DET
cjfa-28098	301	11	important	important	ADJ
cjfa-28098	301	12	measure	measure	NOUN
cjfa-28098	301	13	to	to	PART
cjfa-28098	301	14	portray	portray	VERB
cjfa-28098	301	15	the	the	DET
cjfa-28098	301	16	movement	movement	NOUN
cjfa-28098	301	17	in	in	ADP
cjfa-28098	301	18	trend	trend	NOUN
cjfa-28098	301	19	is	be	AUX
cjfa-28098	301	20	the	the	DET
cjfa-28098	301	21	institutional	institutional	ADJ
cjfa-28098	301	22	stock	stock	NOUN
cjfa-28098	301	23	holding	holding	NOUN
cjfa-28098	301	24	(	(	PUNCT
cjfa-28098	301	25	large	large	ADJ
cjfa-28098	301	26	equity	equity	NOUN
cjfa-28098	301	27	investors	investor	NOUN
cjfa-28098	301	28	)	)	PUNCT
cjfa-28098	301	29	.	.	PUNCT
cjfa-28098	302	1	(	(	PUNCT
cjfa-28098	302	2	johnson	johnson	PROPN
cjfa-28098	302	3	&	&	CCONJ
cjfa-28098	302	4	greening	greening	NOUN
cjfa-28098	302	5	,	,	PUNCT
cjfa-28098	302	6	1999	1999	NUM
cjfa-28098	302	7	)	)	PUNCT
cjfa-28098	302	8	argues	argue	VERB
cjfa-28098	302	9	that	that	SCONJ
cjfa-28098	302	10	institutional	institutional	ADJ
cjfa-28098	302	11	investors	investor	NOUN
cjfa-28098	302	12	are	be	AUX
cjfa-28098	302	13	proved	prove	VERB
cjfa-28098	302	14	to	to	PART
cjfa-28098	302	15	be	be	AUX
cjfa-28098	302	16	more	more	ADV
cjfa-28098	302	17	committed	committed	ADJ
cjfa-28098	302	18	in	in	ADP
cjfa-28098	302	19	cg	cg	NOUN
cjfa-28098	302	20	issue	issue	NOUN
cjfa-28098	302	21	;	;	PUNCT
cjfa-28098	302	22	therefore	therefore	ADV
cjfa-28098	302	23	they	they	PRON
cjfa-28098	302	24	incline	incline	VERB
cjfa-28098	302	25	to	to	PART
cjfa-28098	302	26	promote	promote	VERB
cjfa-28098	302	27	cg	cg	NOUN
cjfa-28098	302	28	practices	practice	NOUN
cjfa-28098	302	29	coherent	coherent	ADJ
cjfa-28098	302	30	with	with	ADP
cjfa-28098	302	31	greater	great	ADJ
cjfa-28098	302	32	stakeholder	stakeholder	NOUN
cjfa-28098	302	33	orientation	orientation	NOUN
cjfa-28098	302	34	.	.	PUNCT
cjfa-28098	303	1	(	(	PUNCT
cjfa-28098	303	2	huson	huson	PROPN
cjfa-28098	303	3	,	,	PUNCT
cjfa-28098	303	4	parrino	parrino	PROPN
cjfa-28098	303	5	&	&	CCONJ
cjfa-28098	303	6	starks	stark	NOUN
cjfa-28098	303	7	,	,	PUNCT
cjfa-28098	303	8	2001	2001	NUM
cjfa-28098	303	9	)	)	PUNCT
cjfa-28098	303	10	exhibits	exhibit	VERB
cjfa-28098	303	11	that	that	SCONJ
cjfa-28098	303	12	the	the	DET
cjfa-28098	303	13	proportion	proportion	NOUN
cjfa-28098	303	14	of	of	ADP
cjfa-28098	303	15	institutional	institutional	ADJ
cjfa-28098	303	16	investment	investment	NOUN
cjfa-28098	303	17	in	in	ADP
cjfa-28098	303	18	usa	usa	PROPN
cjfa-28098	303	19	(	(	PUNCT
cjfa-28098	303	20	i.e.	i.e.	X
cjfa-28098	303	21	banks	bank	NOUN
cjfa-28098	303	22	and	and	CCONJ
cjfa-28098	303	23	non	non	ADJ
cjfa-28098	303	24	-	-	ADJ
cjfa-28098	303	25	banking	banking	ADJ
cjfa-28098	303	26	financial	financial	ADJ
cjfa-28098	303	27	institutions	institution	NOUN
cjfa-28098	303	28	,	,	PUNCT
cjfa-28098	303	29	mutual	mutual	ADJ
cjfa-28098	303	30	funds	fund	NOUN
cjfa-28098	303	31	,	,	PUNCT
cjfa-28098	303	32	pension	pension	NOUN
cjfa-28098	303	33	funds	fund	NOUN
cjfa-28098	303	34	,	,	PUNCT
cjfa-28098	303	35	insurance	insurance	NOUN
cjfa-28098	303	36	companies	company	NOUN
cjfa-28098	303	37	)	)	PUNCT
cjfa-28098	303	38	has	have	AUX
cjfa-28098	303	39	grown	grow	VERB
cjfa-28098	303	40	by	by	ADP
cjfa-28098	303	41	almost	almost	ADV
cjfa-28098	303	42	25	25	NUM
cjfa-28098	303	43	%	%	NOUN
cjfa-28098	303	44	from	from	ADP
cjfa-28098	303	45	1971	1971	NUM
cjfa-28098	303	46	in	in	ADP
cjfa-28098	303	47	between	between	ADP
cjfa-28098	303	48	1971	1971	NUM
cjfa-28098	303	49	to	to	ADP
cjfa-28098	303	50	1994	1994	NUM
cjfa-28098	303	51	.	.	PUNCT
cjfa-28098	304	1	(	(	PUNCT
cjfa-28098	304	2	gillan	gillan	PROPN
cjfa-28098	304	3	&	&	CCONJ
cjfa-28098	304	4	starks	starks	PROPN
cjfa-28098	304	5	,	,	PUNCT
cjfa-28098	304	6	2000	2000	NUM
cjfa-28098	304	7	)	)	PUNCT
cjfa-28098	304	8	discover	discover	VERB
cjfa-28098	304	9	in	in	ADP
cjfa-28098	304	10	their	their	PRON
cjfa-28098	304	11	study	study	NOUN
cjfa-28098	304	12	in	in	ADP
cjfa-28098	304	13	late	late	ADJ
cjfa-28098	304	14	90s	90	NOUN
cjfa-28098	304	15	that	that	SCONJ
cjfa-28098	304	16	large	large	ADJ
cjfa-28098	304	17	corporate	corporate	ADJ
cjfa-28098	304	18	investors	investor	NOUN
cjfa-28098	304	19	force	force	VERB
cjfa-28098	304	20	corporations	corporation	NOUN
cjfa-28098	304	21	to	to	PART
cjfa-28098	304	22	uplift	uplift	VERB
cjfa-28098	304	23	board	board	NOUN
cjfa-28098	304	24	autonomy	autonomy	NOUN
cjfa-28098	304	25	via	via	ADP
cjfa-28098	304	26	the	the	DET
cjfa-28098	304	27	equity	equity	NOUN
cjfa-28098	304	28	-	-	PUNCT
cjfa-28098	304	29	holder	holder	NOUN
cjfa-28098	304	30	proxy	proxy	NOUN
cjfa-28098	304	31	proposal	proposal	NOUN
cjfa-28098	304	32	system	system	NOUN
cjfa-28098	304	33	.	.	PUNCT
cjfa-28098	305	1	thus	thus	ADV
cjfa-28098	305	2	,	,	PUNCT
cjfa-28098	305	3	the	the	DET
cjfa-28098	305	4	involvement	involvement	NOUN
cjfa-28098	305	5	of	of	ADP
cjfa-28098	305	6	greater	great	ADJ
cjfa-28098	305	7	institutional	institutional	ADJ
cjfa-28098	305	8	equity	equity	NOUN
cjfa-28098	305	9	holding	holding	NOUN
cjfa-28098	305	10	could	could	AUX
cjfa-28098	305	11	lead	lead	VERB
cjfa-28098	305	12	towards	towards	ADP
cjfa-28098	305	13	the	the	DET
cjfa-28098	305	14	comprehensive	comprehensive	ADJ
cjfa-28098	305	15	stakeholder	stakeholder	NOUN
cjfa-28098	305	16	’s	’s	PART
cjfa-28098	305	17	management	management	NOUN
cjfa-28098	305	18	.	.	PUNCT
cjfa-28098	306	1	(	(	PUNCT
cjfa-28098	306	2	hermalin	hermalin	NOUN
cjfa-28098	306	3	,	,	PUNCT
cjfa-28098	306	4	2005	2005	NUM
cjfa-28098	306	5	)	)	PUNCT
cjfa-28098	306	6	country	country	NOUN
cjfa-28098	306	7	and	and	CCONJ
cjfa-28098	306	8	firm	firm	ADJ
cjfa-28098	306	9	level	level	NOUN
cjfa-28098	306	10	empirical	empirical	ADJ
cjfa-28098	306	11	evidence	evidence	NOUN
cjfa-28098	306	12	of	of	ADP
cjfa-28098	306	13	movement	movement	NOUN
cjfa-28098	306	14	several	several	ADJ
cjfa-28098	306	15	country	country	NOUN
cjfa-28098	306	16	and	and	CCONJ
cjfa-28098	306	17	firm	firm	ADJ
cjfa-28098	306	18	based	base	VERB
cjfa-28098	306	19	empirical	empirical	ADJ
cjfa-28098	306	20	findings	finding	NOUN
cjfa-28098	306	21	related	relate	VERB
cjfa-28098	306	22	to	to	ADP
cjfa-28098	306	23	board	board	NOUN
cjfa-28098	306	24	composition	composition	NOUN
cjfa-28098	306	25	have	have	AUX
cjfa-28098	306	26	also	also	ADV
cjfa-28098	306	27	exhibits	exhibit	VERB
cjfa-28098	306	28	the	the	DET
cjfa-28098	306	29	fact	fact	NOUN
cjfa-28098	306	30	that	that	SCONJ
cjfa-28098	306	31	there	there	PRON
cjfa-28098	306	32	has	have	AUX
cjfa-28098	306	33	been	be	AUX
cjfa-28098	306	34	a	a	DET
cjfa-28098	306	35	salient	salient	NOUN
cjfa-28098	306	36	shift	shift	NOUN
cjfa-28098	306	37	from	from	ADP
cjfa-28098	306	38	the	the	DET
cjfa-28098	306	39	conventional	conventional	ADJ
cjfa-28098	306	40	view	view	NOUN
cjfa-28098	306	41	of	of	ADP
cjfa-28098	306	42	shareholders	shareholder	NOUN
cjfa-28098	306	43	wealth	wealth	NOUN
cjfa-28098	306	44	maximization	maximization	NOUN
cjfa-28098	306	45	to	to	PART
cjfa-28098	306	46	stakeholder	stakeholder	VERB
cjfa-28098	306	47	’s	’s	PART
cjfa-28098	306	48	management	management	NOUN
cjfa-28098	306	49	.	.	PUNCT
cjfa-28098	307	1	such	such	ADJ
cjfa-28098	307	2	as	as	ADP
cjfa-28098	307	3	in	in	ADP
cjfa-28098	307	4	the	the	DET
cjfa-28098	307	5	context	context	NOUN
cjfa-28098	307	6	of	of	ADP
cjfa-28098	307	7	usa	usa	PROPN
cjfa-28098	307	8	(	(	PUNCT
cjfa-28098	307	9	hermalin	hermalin	NOUN
cjfa-28098	307	10	and	and	CCONJ
cjfa-28098	307	11	weisbach	weisbach	NOUN
cjfa-28098	307	12	,	,	PUNCT
cjfa-28098	307	13	1988	1988	NUM
cjfa-28098	307	14	)	)	PUNCT
cjfa-28098	307	15	in	in	ADP
cjfa-28098	307	16	their	their	PRON
cjfa-28098	307	17	study	study	NOUN
cjfa-28098	307	18	on	on	ADP
cjfa-28098	307	19	142	142	NUM
cjfa-28098	307	20	publicly	publicly	ADV
cjfa-28098	307	21	traded	trade	VERB
cjfa-28098	307	22	firms	firm	NOUN
cjfa-28098	307	23	in	in	ADP
cjfa-28098	307	24	nyse	nyse	PROPN
cjfa-28098	307	25	found	find	VERB
cjfa-28098	307	26	that	that	SCONJ
cjfa-28098	307	27	the	the	DET
cjfa-28098	307	28	participation	participation	NOUN
cjfa-28098	307	29	of	of	ADP
cjfa-28098	307	30	external	external	ADJ
cjfa-28098	307	31	members	member	NOUN
cjfa-28098	307	32	in	in	ADP
cjfa-28098	307	33	the	the	DET
cjfa-28098	307	34	board	board	NOUN
cjfa-28098	307	35	have	have	AUX
cjfa-28098	307	36	increased	increase	VERB
cjfa-28098	307	37	by	by	ADP
cjfa-28098	307	38	nearly	nearly	ADV
cjfa-28098	307	39	16.5	16.5	NUM
cjfa-28098	307	40	%	%	NOUN
cjfa-28098	307	41	(	(	PUNCT
cjfa-28098	307	42	37.6	37.6	NUM
cjfa-28098	307	43	%	%	NOUN
cjfa-28098	307	44	to	to	ADP
cjfa-28098	307	45	53.9	53.9	NUM
cjfa-28098	307	46	%	%	NOUN
cjfa-28098	307	47	)	)	PUNCT
cjfa-28098	307	48	from	from	ADP
cjfa-28098	307	49	1971	1971	NUM
cjfa-28098	307	50	to	to	ADP
cjfa-28098	307	51	1983	1983	NUM
cjfa-28098	307	52	.	.	PUNCT
cjfa-28098	308	1	(	(	PUNCT
cjfa-28098	308	2	borokhovich	borokhovich	PROPN
cjfa-28098	308	3	et	et	PROPN
cjfa-28098	308	4	al	al	PROPN
cjfa-28098	308	5	.	.	PROPN
cjfa-28098	308	6	,	,	PUNCT
cjfa-28098	308	7	1996	1996	NUM
cjfa-28098	308	8	)	)	PUNCT
cjfa-28098	308	9	also	also	ADV
cjfa-28098	308	10	found	find	VERB
cjfa-28098	308	11	the	the	DET
cjfa-28098	308	12	evidence	evidence	NOUN
cjfa-28098	308	13	of	of	ADP
cjfa-28098	308	14	increase	increase	NOUN
cjfa-28098	308	15	in	in	ADP
cjfa-28098	308	16	the	the	DET
cjfa-28098	308	17	percentile	percentile	NOUN
cjfa-28098	308	18	(	(	PUNCT
cjfa-28098	308	19	68.3	68.3	NUM
cjfa-28098	308	20	%	%	NOUN
cjfa-28098	308	21	to	to	ADP
cjfa-28098	308	22	75.6	75.6	NUM
cjfa-28098	308	23	%	%	NOUN
cjfa-28098	308	24	)	)	PUNCT
cjfa-28098	308	25	of	of	ADP
cjfa-28098	308	26	external	external	ADJ
cjfa-28098	308	27	board	board	NOUN
cjfa-28098	308	28	participants	participant	NOUN
cjfa-28098	308	29	in	in	ADP
cjfa-28098	308	30	their	their	PRON
cjfa-28098	308	31	study	study	NOUN
cjfa-28098	308	32	comprised	comprise	VERB
cjfa-28098	308	33	of	of	ADP
cjfa-28098	308	34	588	588	NUM
cjfa-28098	308	35	plc	plc	NOUN
cjfa-28098	308	36	covering	cover	VERB
cjfa-28098	308	37	the	the	DET
cjfa-28098	308	38	period	period	NOUN
cjfa-28098	308	39	of	of	ADP
cjfa-28098	308	40	1970	1970	NUM
cjfa-28098	308	41	to	to	ADP
cjfa-28098	308	42	1988	1988	NUM
cjfa-28098	308	43	.	.	PUNCT
cjfa-28098	309	1	likewise	likewise	ADV
cjfa-28098	309	2	,	,	PUNCT
cjfa-28098	309	3	(	(	PUNCT
cjfa-28098	309	4	huson	huson	NOUN
cjfa-28098	309	5	et	et	PROPN
cjfa-28098	309	6	al	al	PROPN
cjfa-28098	309	7	.	.	PROPN
cjfa-28098	309	8	,	,	PUNCT
cjfa-28098	309	9	2001	2001	NUM
cjfa-28098	309	10	)	)	PUNCT
cjfa-28098	309	11	in	in	ADP
cjfa-28098	309	12	their	their	PRON
cjfa-28098	309	13	study	study	NOUN
cjfa-28098	309	14	on	on	ADP
cjfa-28098	309	15	board	board	NOUN
cjfa-28098	309	16	composition	composition	NOUN
cjfa-28098	309	17	of	of	ADP
cjfa-28098	309	18	manufacturing	manufacturing	NOUN
cjfa-28098	309	19	firms	firm	NOUN
cjfa-28098	309	20	also	also	ADV
cjfa-28098	309	21	revealed	reveal	VERB
cjfa-28098	309	22	that	that	SCONJ
cjfa-28098	309	23	proportion	proportion	NOUN
cjfa-28098	309	24	of	of	ADP
cjfa-28098	309	25	external	external	ADJ
cjfa-28098	309	26	board	board	NOUN
cjfa-28098	309	27	participants	participant	NOUN
cjfa-28098	309	28	raised	raise	VERB
cjfa-28098	309	29	from	from	ADP
cjfa-28098	309	30	71	71	NUM
cjfa-28098	309	31	%	%	NOUN
cjfa-28098	309	32	to	to	ADP
cjfa-28098	309	33	86	86	NUM
cjfa-28098	309	34	%	%	NOUN
cjfa-28098	309	35	in	in	ADP
cjfa-28098	309	36	between	between	ADP
cjfa-28098	309	37	1971	1971	NUM
cjfa-28098	309	38	to	to	ADP
cjfa-28098	309	39	1989	1989	NUM
cjfa-28098	309	40	.	.	PUNCT
cjfa-28098	310	1	in	in	ADP
cjfa-28098	310	2	context	context	NOUN
cjfa-28098	310	3	of	of	ADP
cjfa-28098	310	4	uk	uk	PROPN
cjfa-28098	310	5	,	,	PUNCT
cjfa-28098	310	6	the	the	DET
cjfa-28098	310	7	studies	study	NOUN
cjfa-28098	310	8	show	show	VERB
cjfa-28098	310	9	the	the	DET
cjfa-28098	310	10	similar	similar	ADJ
cjfa-28098	310	11	output	output	NOUN
cjfa-28098	310	12	as	as	ADP
cjfa-28098	310	13	(	(	PUNCT
cjfa-28098	310	14	dahya	dahya	PROPN
cjfa-28098	310	15	&	&	CCONJ
cjfa-28098	310	16	mcconnell	mcconnell	PROPN
cjfa-28098	310	17	,	,	PUNCT
cjfa-28098	310	18	2001	2001	NUM
cjfa-28098	310	19	)	)	PUNCT
cjfa-28098	310	20	finds	find	VERB
cjfa-28098	310	21	in	in	ADP
cjfa-28098	310	22	their	their	PRON
cjfa-28098	310	23	study	study	NOUN
cjfa-28098	310	24	of	of	ADP
cjfa-28098	310	25	700	700	NUM
cjfa-28098	310	26	uk	uk	PROPN
cjfa-28098	310	27	atm	atm	PROPN
cjfa-28098	310	28	adnan	adnan	PROPN
cjfa-28098	310	29	,	,	PUNCT
cjfa-28098	310	30	nisar	nisar	PROPN
cjfa-28098	310	31	ahmed30	ahmed30	PROPN
cjfa-28098	310	32	listed	list	VERB
cjfa-28098	310	33	firms	firm	NOUN
cjfa-28098	310	34	,	,	PUNCT
cjfa-28098	310	35	a	a	DET
cjfa-28098	310	36	significant	significant	ADJ
cjfa-28098	310	37	increase	increase	NOUN
cjfa-28098	310	38	of	of	ADP
cjfa-28098	310	39	almost	almost	ADV
cjfa-28098	310	40	26	26	NUM
cjfa-28098	310	41	%	%	NOUN
cjfa-28098	310	42	in	in	ADP
cjfa-28098	310	43	the	the	DET
cjfa-28098	310	44	outside	outside	ADJ
cjfa-28098	310	45	directors	director	NOUN
cjfa-28098	310	46	number	number	NOUN
cjfa-28098	310	47	in	in	ADP
cjfa-28098	310	48	the	the	DET
cjfa-28098	310	49	board	board	NOUN
cjfa-28098	310	50	within	within	ADP
cjfa-28098	310	51	the	the	DET
cjfa-28098	310	52	period	period	NOUN
cjfa-28098	310	53	of	of	ADP
cjfa-28098	310	54	1989	1989	NUM
cjfa-28098	310	55	to	to	ADP
cjfa-28098	310	56	1999	1999	NUM
cjfa-28098	310	57	.	.	PUNCT
cjfa-28098	311	1	additionally	additionally	ADV
cjfa-28098	311	2	,	,	PUNCT
cjfa-28098	311	3	(	(	PUNCT
cjfa-28098	311	4	huson	huson	NOUN
cjfa-28098	311	5	et	et	PROPN
cjfa-28098	311	6	al	al	PROPN
cjfa-28098	311	7	.	.	PROPN
cjfa-28098	311	8	,	,	PUNCT
cjfa-28098	311	9	2001	2001	NUM
cjfa-28098	311	10	)	)	PUNCT
cjfa-28098	311	11	also	also	ADV
cjfa-28098	311	12	exhibit	exhibit	VERB
cjfa-28098	311	13	that	that	SCONJ
cjfa-28098	311	14	the	the	DET
cjfa-28098	311	15	employ	employ	NOUN
cjfa-28098	311	16	of	of	ADP
cjfa-28098	311	17	inducement	inducement	ADJ
cjfa-28098	311	18	payments	payment	NOUN
cjfa-28098	311	19	for	for	ADP
cjfa-28098	311	20	external	external	ADJ
cjfa-28098	311	21	directors	director	NOUN
cjfa-28098	311	22	has	have	AUX
cjfa-28098	311	23	raised	raise	VERB
cjfa-28098	311	24	significantly	significantly	ADV
cjfa-28098	311	25	.	.	PUNCT
cjfa-28098	312	1	they	they	PRON
cjfa-28098	312	2	find	find	VERB
cjfa-28098	312	3	almost	almost	ADV
cjfa-28098	312	4	84	84	NUM
cjfa-28098	312	5	%	%	NOUN
cjfa-28098	312	6	of	of	ADP
cjfa-28098	312	7	corporations	corporation	NOUN
cjfa-28098	312	8	in	in	ADP
cjfa-28098	312	9	the	the	DET
cjfa-28098	312	10	sample	sample	NOUN
cjfa-28098	312	11	were	be	AUX
cjfa-28098	312	12	using	use	VERB
cjfa-28098	312	13	equity	equity	NOUN
cjfa-28098	312	14	-	-	PUNCT
cjfa-28098	312	15	based	base	VERB
cjfa-28098	312	16	reward	reward	NOUN
cjfa-28098	312	17	for	for	ADP
cjfa-28098	312	18	their	their	PRON
cjfa-28098	312	19	external	external	ADJ
cjfa-28098	312	20	board	board	NOUN
cjfa-28098	312	21	executives	executive	NOUN
cjfa-28098	312	22	.	.	PUNCT
cjfa-28098	313	1	therefore	therefore	ADV
cjfa-28098	313	2	,	,	PUNCT
cjfa-28098	313	3	these	these	DET
cjfa-28098	313	4	drifts	drift	NOUN
cjfa-28098	313	5	toward	toward	ADP
cjfa-28098	313	6	significant	significant	ADJ
cjfa-28098	313	7	external	external	ADJ
cjfa-28098	313	8	representation	representation	NOUN
cjfa-28098	313	9	on	on	ADP
cjfa-28098	313	10	corporate	corporate	ADJ
cjfa-28098	313	11	boards	board	NOUN
cjfa-28098	313	12	can	can	AUX
cjfa-28098	313	13	be	be	AUX
cjfa-28098	313	14	perceived	perceive	VERB
cjfa-28098	313	15	to	to	PART
cjfa-28098	313	16	relate	relate	VERB
cjfa-28098	313	17	to	to	ADP
cjfa-28098	313	18	a	a	DET
cjfa-28098	313	19	movement	movement	NOUN
cjfa-28098	313	20	to	to	ADP
cjfa-28098	313	21	greater	great	ADJ
cjfa-28098	313	22	stakeholder	stakeholder	NOUN
cjfa-28098	313	23	orientation	orientation	NOUN
cjfa-28098	313	24	among	among	ADP
cjfa-28098	313	25	firms	firm	NOUN
cjfa-28098	313	26	.	.	PUNCT
cjfa-28098	314	1	in	in	ADP
cjfa-28098	314	2	case	case	NOUN
cjfa-28098	314	3	of	of	ADP
cjfa-28098	314	4	uk	uk	PROPN
cjfa-28098	314	5	,	,	PUNCT
cjfa-28098	314	6	similar	similar	ADJ
cjfa-28098	314	7	exemplary	exemplary	ADJ
cjfa-28098	314	8	movement	movement	NOUN
cjfa-28098	314	9	of	of	ADP
cjfa-28098	314	10	perception	perception	NOUN
cjfa-28098	314	11	has	have	AUX
cjfa-28098	314	12	been	be	AUX
cjfa-28098	314	13	seen	see	VERB
cjfa-28098	314	14	from	from	ADP
cjfa-28098	314	15	the	the	DET
cjfa-28098	314	16	late	late	ADJ
cjfa-28098	314	17	1980s	1980	NOUN
cjfa-28098	314	18	(	(	PUNCT
cjfa-28098	314	19	dine	dine	PROPN
cjfa-28098	314	20	,	,	PUNCT
cjfa-28098	314	21	2000	2000	NUM
cjfa-28098	314	22	)	)	PUNCT
cjfa-28098	314	23	which	which	PRON
cjfa-28098	314	24	is	be	AUX
cjfa-28098	314	25	not	not	PART
cjfa-28098	314	26	solely	solely	ADV
cjfa-28098	314	27	recognized	recognize	VERB
cjfa-28098	314	28	by	by	ADP
cjfa-28098	314	29	scholars	scholar	NOUN
cjfa-28098	314	30	and	and	CCONJ
cjfa-28098	314	31	legislators	legislator	NOUN
cjfa-28098	314	32	,	,	PUNCT
cjfa-28098	314	33	but	but	CCONJ
cjfa-28098	314	34	also	also	ADV
cjfa-28098	314	35	by	by	ADP
cjfa-28098	314	36	business	business	NOUN
cjfa-28098	314	37	communities	community	NOUN
cjfa-28098	314	38	and	and	CCONJ
cjfa-28098	314	39	executives	executive	NOUN
cjfa-28098	314	40	.	.	PUNCT
cjfa-28098	315	1	a	a	DET
cjfa-28098	315	2	long	long	ADJ
cjfa-28098	315	3	term	term	NOUN
cjfa-28098	315	4	research	research	NOUN
cjfa-28098	315	5	conducted	conduct	VERB
cjfa-28098	315	6	by	by	ADP
cjfa-28098	315	7	(	(	PUNCT
cjfa-28098	315	8	poole	poole	PROPN
cjfa-28098	315	9	et	et	PROPN
cjfa-28098	315	10	al	al	PROPN
cjfa-28098	315	11	.	.	PROPN
cjfa-28098	315	12	,	,	PUNCT
cjfa-28098	315	13	2001	2001	NUM
cjfa-28098	315	14	)	)	PUNCT
cjfa-28098	315	15	on	on	ADP
cjfa-28098	315	16	management	management	NOUN
cjfa-28098	315	17	standpoint	standpoint	NOUN
cjfa-28098	315	18	in	in	ADP
cjfa-28098	315	19	favor	favor	NOUN
cjfa-28098	315	20	of	of	ADP
cjfa-28098	315	21	stakeholders	stakeholder	NOUN
cjfa-28098	315	22	welfares	welfare	NOUN
cjfa-28098	315	23	reveal	reveal	VERB
cjfa-28098	315	24	that	that	SCONJ
cjfa-28098	315	25	almost	almost	ADV
cjfa-28098	315	26	80	80	NUM
cjfa-28098	315	27	%	%	NOUN
cjfa-28098	315	28	of	of	ADP
cjfa-28098	315	29	the	the	DET
cjfa-28098	315	30	managers	manager	NOUN
cjfa-28098	315	31	put	put	VERB
cjfa-28098	315	32	emphasize	emphasize	VERB
cjfa-28098	315	33	on	on	ADP
cjfa-28098	315	34	overall	overall	ADJ
cjfa-28098	315	35	stakeholders	stakeholder	NOUN
cjfa-28098	315	36	wellbeing	wellbee	VERB
cjfa-28098	315	37	in	in	ADP
cjfa-28098	315	38	2000	2000	NUM
cjfa-28098	315	39	which	which	PRON
cjfa-28098	315	40	has	have	AUX
cjfa-28098	315	41	sharply	sharply	ADV
cjfa-28098	315	42	increased	increase	VERB
cjfa-28098	315	43	by	by	ADP
cjfa-28098	315	44	almost	almost	ADV
cjfa-28098	315	45	30	30	NUM
cjfa-28098	315	46	%	%	NOUN
cjfa-28098	315	47	from	from	ADP
cjfa-28098	315	48	1980	1980	NUM
cjfa-28098	315	49	,	,	PUNCT
cjfa-28098	315	50	where	where	SCONJ
cjfa-28098	315	51	as	as	ADP
cjfa-28098	315	52	in	in	ADP
cjfa-28098	315	53	usa	usa	PROPN
cjfa-28098	315	54	the	the	DET
cjfa-28098	315	55	similar	similar	ADJ
cjfa-28098	315	56	rate	rate	NOUN
cjfa-28098	315	57	found	find	VERB
cjfa-28098	315	58	to	to	PART
cjfa-28098	315	59	be	be	AUX
cjfa-28098	315	60	75	75	NUM
cjfa-28098	315	61	%	%	NOUN
cjfa-28098	315	62	in	in	ADP
cjfa-28098	315	63	2001	2001	NUM
cjfa-28098	315	64	from	from	ADP
cjfa-28098	315	65	the	the	DET
cjfa-28098	315	66	study	study	NOUN
cjfa-28098	315	67	conducted	conduct	VERB
cjfa-28098	315	68	by	by	ADP
cjfa-28098	315	69	(	(	PUNCT
cjfa-28098	315	70	vinten	vinten	ADJ
cjfa-28098	315	71	,	,	PUNCT
cjfa-28098	315	72	2001	2001	NUM
cjfa-28098	315	73	)	)	PUNCT
cjfa-28098	315	74	.	.	PUNCT
cjfa-28098	316	1	but	but	CCONJ
cjfa-28098	316	2	such	such	DET
cjfa-28098	316	3	a	a	DET
cjfa-28098	316	4	typical	typical	ADJ
cjfa-28098	316	5	swing	swing	NOUN
cjfa-28098	316	6	does	do	AUX
cjfa-28098	316	7	not	not	PART
cjfa-28098	316	8	essentially	essentially	ADV
cjfa-28098	316	9	illustrate	illustrate	VERB
cjfa-28098	316	10	a	a	DET
cjfa-28098	316	11	factual	factual	ADJ
cjfa-28098	316	12	supremacy	supremacy	NOUN
cjfa-28098	316	13	of	of	ADP
cjfa-28098	316	14	stakeholder	stakeholder	NOUN
cjfa-28098	316	15	orientation	orientation	NOUN
cjfa-28098	316	16	as	as	SCONJ
cjfa-28098	316	17	the	the	DET
cjfa-28098	316	18	researchers	researcher	NOUN
cjfa-28098	316	19	and	and	CCONJ
cjfa-28098	316	20	academicians	academician	NOUN
cjfa-28098	316	21	often	often	ADV
cjfa-28098	316	22	argue	argue	VERB
cjfa-28098	316	23	.	.	PUNCT
cjfa-28098	317	1	for	for	ADP
cjfa-28098	317	2	intense	intense	ADJ
cjfa-28098	317	3	,	,	PUNCT
cjfa-28098	317	4	‘	'	PUNCT
cjfa-28098	317	5	rail	rail	NOUN
cjfa-28098	317	6	-	-	PUNCT
cjfa-28098	317	7	track	track	NOUN
cjfa-28098	317	8	’	'	PUNCT
cjfa-28098	317	9	,	,	PUNCT
cjfa-28098	317	10	a	a	DET
cjfa-28098	317	11	uk	uk	PROPN
cjfa-28098	317	12	company	company	NOUN
cjfa-28098	317	13	in	in	ADP
cjfa-28098	317	14	1990s	1990s	NUM
cjfa-28098	317	15	,	,	PUNCT
cjfa-28098	317	16	stakeholder	stakeholder	NOUN
cjfa-28098	317	17	welfares	welfare	NOUN
cjfa-28098	317	18	were	be	AUX
cjfa-28098	317	19	vastly	vastly	ADV
cjfa-28098	317	20	highlighted	highlight	VERB
cjfa-28098	317	21	in	in	ADP
cjfa-28098	317	22	its	its	PRON
cjfa-28098	317	23	annual	annual	ADJ
cjfa-28098	317	24	reports	report	NOUN
cjfa-28098	317	25	but	but	CCONJ
cjfa-28098	317	26	in	in	ADP
cjfa-28098	317	27	real	real	ADJ
cjfa-28098	317	28	practice	practice	NOUN
cjfa-28098	317	29	decisions	decision	NOUN
cjfa-28098	317	30	were	be	AUX
cjfa-28098	317	31	taken	take	VERB
cjfa-28098	317	32	in	in	ADP
cjfa-28098	317	33	favor	favor	NOUN
cjfa-28098	317	34	of	of	ADP
cjfa-28098	317	35	shareholders	shareholder	NOUN
cjfa-28098	317	36	rather	rather	ADV
cjfa-28098	317	37	than	than	ADP
cjfa-28098	317	38	overall	overall	ADJ
cjfa-28098	317	39	stakeholders	stakeholder	NOUN
cjfa-28098	317	40	.	.	PUNCT
cjfa-28098	318	1	(	(	PUNCT
cjfa-28098	318	2	wolmar	wolmar	PROPN
cjfa-28098	318	3	,	,	PUNCT
cjfa-28098	318	4	2001	2001	NUM
cjfa-28098	318	5	)	)	PUNCT
cjfa-28098	318	6	.	.	PUNCT
cjfa-28098	319	1	studies	study	NOUN
cjfa-28098	319	2	also	also	ADV
cjfa-28098	319	3	exhibit	exhibit	VERB
cjfa-28098	319	4	that	that	SCONJ
cjfa-28098	319	5	the	the	DET
cjfa-28098	319	6	actual	actual	ADJ
cjfa-28098	319	7	pressure	pressure	NOUN
cjfa-28098	319	8	of	of	ADP
cjfa-28098	319	9	overall	overall	ADJ
cjfa-28098	319	10	stakeholders	stakeholder	NOUN
cjfa-28098	319	11	concerning	concern	VERB
cjfa-28098	319	12	about	about	ADP
cjfa-28098	319	13	corporations	corporation	NOUN
cjfa-28098	319	14	’	'	PUNCT
cjfa-28098	319	15	engagement	engagement	NOUN
cjfa-28098	319	16	in	in	ADP
cjfa-28098	319	17	stakeholders	stakeholder	NOUN
cjfa-28098	319	18	management	management	NOUN
cjfa-28098	319	19	did	do	AUX
cjfa-28098	319	20	not	not	PART
cjfa-28098	319	21	grow	grow	VERB
cjfa-28098	319	22	,	,	PUNCT
cjfa-28098	319	23	but	but	CCONJ
cjfa-28098	319	24	in	in	ADP
cjfa-28098	319	25	fact	fact	NOUN
cjfa-28098	319	26	reduced	reduce	VERB
cjfa-28098	319	27	by	by	ADP
cjfa-28098	319	28	almost	almost	ADV
cjfa-28098	319	29	20	20	NUM
cjfa-28098	319	30	%	%	NOUN
cjfa-28098	319	31	in	in	ADP
cjfa-28098	319	32	between	between	ADP
cjfa-28098	319	33	1970	1970	NUM
cjfa-28098	319	34	and	and	CCONJ
cjfa-28098	319	35	1990s	1990s	NUM
cjfa-28098	319	36	(	(	PUNCT
cjfa-28098	319	37	letza	letza	PROPN
cjfa-28098	319	38	&	&	CCONJ
cjfa-28098	319	39	smallman	smallman	PROPN
cjfa-28098	319	40	,	,	PUNCT
cjfa-28098	319	41	2001	2001	NUM
cjfa-28098	319	42	)	)	PUNCT
cjfa-28098	319	43	.	.	PUNCT
cjfa-28098	320	1	legislators	legislator	NOUN
cjfa-28098	320	2	,	,	PUNCT
cjfa-28098	320	3	academics	academic	NOUN
cjfa-28098	320	4	and	and	CCONJ
cjfa-28098	320	5	media	medium	NOUN
cjfa-28098	320	6	as	as	ADP
cjfa-28098	320	7	a	a	DET
cjfa-28098	320	8	section	section	NOUN
cjfa-28098	320	9	of	of	ADP
cjfa-28098	320	10	secondary	secondary	ADJ
cjfa-28098	320	11	stakeholders	stakeholder	NOUN
cjfa-28098	320	12	may	may	AUX
cjfa-28098	320	13	occasionally	occasionally	ADV
cjfa-28098	320	14	apply	apply	VERB
cjfa-28098	320	15	pressures	pressure	NOUN
cjfa-28098	320	16	,	,	PUNCT
cjfa-28098	320	17	but	but	CCONJ
cjfa-28098	320	18	the	the	DET
cjfa-28098	320	19	genuine	genuine	ADJ
cjfa-28098	320	20	influences	influence	NOUN
cjfa-28098	320	21	and	and	CCONJ
cjfa-28098	320	22	authorities	authority	NOUN
cjfa-28098	320	23	of	of	ADP
cjfa-28098	320	24	primary	primary	ADJ
cjfa-28098	320	25	stakeholders	stakeholder	NOUN
cjfa-28098	320	26	of	of	ADP
cjfa-28098	320	27	a	a	DET
cjfa-28098	320	28	corporation	corporation	NOUN
cjfa-28098	320	29	are	be	AUX
cjfa-28098	320	30	still	still	ADV
cjfa-28098	320	31	blurred	blur	VERB
cjfa-28098	320	32	.	.	PUNCT
cjfa-28098	321	1	(	(	PUNCT
cjfa-28098	321	2	fligstein	fligstein	ADJ
cjfa-28098	321	3	,	,	PUNCT
cjfa-28098	321	4	1993	1993	NUM
cjfa-28098	321	5	)	)	PUNCT
cjfa-28098	321	6	.	.	PUNCT
cjfa-28098	322	1	changes	change	NOUN
cjfa-28098	322	2	towards	towards	ADP
cjfa-28098	322	3	shareholders	shareholder	NOUN
cjfa-28098	322	4	-	-	PUNCT
cjfa-28098	322	5	oriented	orient	VERB
cjfa-28098	322	6	models	model	NOUN
cjfa-28098	322	7	even	even	ADV
cjfa-28098	322	8	though	though	SCONJ
cjfa-28098	322	9	most	most	ADJ
cjfa-28098	322	10	of	of	ADP
cjfa-28098	322	11	the	the	DET
cjfa-28098	322	12	studies	study	NOUN
cjfa-28098	322	13	have	have	AUX
cjfa-28098	322	14	exhibited	exhibit	VERB
cjfa-28098	322	15	a	a	DET
cjfa-28098	322	16	shifting	shift	VERB
cjfa-28098	322	17	pattern	pattern	NOUN
cjfa-28098	322	18	towards	towards	ADP
cjfa-28098	322	19	the	the	DET
cjfa-28098	322	20	stakeholders	stakeholder	NOUN
cjfa-28098	322	21	-	-	PUNCT
cjfa-28098	322	22	oriented	orient	VERB
cjfa-28098	322	23	cg	cg	NOUN
cjfa-28098	322	24	framework	framework	NOUN
cjfa-28098	322	25	,	,	PUNCT
cjfa-28098	322	26	some	some	DET
cjfa-28098	322	27	studies	study	NOUN
cjfa-28098	322	28	also	also	ADV
cjfa-28098	322	29	showed	show	VERB
cjfa-28098	322	30	a	a	DET
cjfa-28098	322	31	reverse	reverse	ADJ
cjfa-28098	322	32	approach	approach	NOUN
cjfa-28098	322	33	to	to	PART
cjfa-28098	322	34	move	move	VERB
cjfa-28098	322	35	towards	towards	ADP
cjfa-28098	322	36	more	more	ADJ
cjfa-28098	322	37	shareholders	shareholder	NOUN
cjfa-28098	322	38	oriented	orient	VERB
cjfa-28098	322	39	cg	cg	NOUN
cjfa-28098	322	40	framework	framework	NOUN
cjfa-28098	322	41	.	.	PUNCT
cjfa-28098	323	1	such	such	ADJ
cjfa-28098	323	2	as	as	ADP
cjfa-28098	323	3	(	(	PUNCT
cjfa-28098	323	4	schmidt	schmidt	PROPN
cjfa-28098	323	5	&	&	CCONJ
cjfa-28098	323	6	spindler	spindler	PROPN
cjfa-28098	323	7	,	,	PUNCT
cjfa-28098	323	8	2002	2002	NUM
cjfa-28098	323	9	)	)	PUNCT
cjfa-28098	323	10	claimed	claim	VERB
cjfa-28098	323	11	and	and	CCONJ
cjfa-28098	323	12	suggested	suggest	VERB
cjfa-28098	323	13	that	that	SCONJ
cjfa-28098	323	14	the	the	DET
cjfa-28098	323	15	u.s	u.s	PROPN
cjfa-28098	323	16	cg	cg	NOUN
cjfa-28098	323	17	framework	framework	NOUN
cjfa-28098	323	18	which	which	PRON
cjfa-28098	323	19	is	be	AUX
cjfa-28098	323	20	predominantly	predominantly	ADV
cjfa-28098	323	21	stockholder	stockholder	NOUN
cjfa-28098	323	22	oriented	orient	VERB
cjfa-28098	323	23	system	system	NOUN
cjfa-28098	323	24	is	be	AUX
cjfa-28098	323	25	more	more	ADV
cjfa-28098	323	26	proficient	proficient	ADJ
cjfa-28098	323	27	in	in	ADP
cjfa-28098	323	28	case	case	NOUN
cjfa-28098	323	29	of	of	ADP
cjfa-28098	323	30	economic	economic	ADJ
cjfa-28098	323	31	changes	change	NOUN
cjfa-28098	323	32	and	and	CCONJ
cjfa-28098	323	33	is	be	AUX
cjfa-28098	323	34	flexible	flexible	ADJ
cjfa-28098	323	35	to	to	PART
cjfa-28098	323	36	adjust	adjust	VERB
cjfa-28098	323	37	promptly	promptly	ADV
cjfa-28098	323	38	to	to	ADP
cjfa-28098	323	39	variation	variation	NOUN
cjfa-28098	323	40	in	in	ADP
cjfa-28098	323	41	the	the	DET
cjfa-28098	323	42	market	market	NOUN
cjfa-28098	323	43	ecosystem	ecosystem	NOUN
cjfa-28098	323	44	compared	compare	VERB
cjfa-28098	323	45	to	to	ADP
cjfa-28098	323	46	the	the	DET
cjfa-28098	323	47	stakeholders	stakeholder	NOUN
cjfa-28098	323	48	oriented	orient	VERB
cjfa-28098	323	49	cg	cg	NOUN
cjfa-28098	323	50	model	model	NOUN
cjfa-28098	323	51	practiced	practice	VERB
cjfa-28098	323	52	in	in	ADP
cjfa-28098	323	53	eu	eu	PROPN
cjfa-28098	323	54	the	the	DET
cjfa-28098	323	55	transformation	transformation	NOUN
cjfa-28098	323	56	of	of	ADP
cjfa-28098	323	57	the	the	DET
cjfa-28098	323	58	corporate	corporate	ADJ
cjfa-28098	323	59	governance	governance	NOUN
cjfa-28098	323	60	model	model	NOUN
cjfa-28098	323	61	…	…	PUNCT
cjfa-28098	323	62	31	31	NUM
cjfa-28098	323	63	ropean	ropean	ADJ
cjfa-28098	323	64	context	context	NOUN
cjfa-28098	323	65	.	.	PUNCT
cjfa-28098	324	1	additionally	additionally	ADV
cjfa-28098	324	2	,	,	PUNCT
cjfa-28098	324	3	many	many	ADJ
cjfa-28098	324	4	researchers	researcher	NOUN
cjfa-28098	324	5	such	such	ADJ
cjfa-28098	324	6	as	as	ADP
cjfa-28098	324	7	(	(	PUNCT
cjfa-28098	324	8	lazonick	lazonick	NOUN
cjfa-28098	324	9	&	&	CCONJ
cjfa-28098	324	10	o’sullivan	o’sullivan	PROPN
cjfa-28098	324	11	,	,	PUNCT
cjfa-28098	324	12	2000	2000	NUM
cjfa-28098	324	13	)	)	PUNCT
cjfa-28098	324	14	have	have	AUX
cjfa-28098	324	15	found	find	VERB
cjfa-28098	324	16	in	in	ADP
cjfa-28098	324	17	their	their	PRON
cjfa-28098	324	18	study	study	NOUN
cjfa-28098	324	19	on	on	ADP
cjfa-28098	324	20	german	german	ADJ
cjfa-28098	324	21	cg	cg	NOUN
cjfa-28098	324	22	system	system	NOUN
cjfa-28098	324	23	that	that	SCONJ
cjfa-28098	324	24	numerous	numerous	ADJ
cjfa-28098	324	25	market	market	NOUN
cjfa-28098	324	26	forces	force	NOUN
cjfa-28098	324	27	have	have	AUX
cjfa-28098	324	28	decreased	decrease	VERB
cjfa-28098	324	29	the	the	DET
cjfa-28098	324	30	flexibility	flexibility	NOUN
cjfa-28098	324	31	of	of	ADP
cjfa-28098	324	32	the	the	DET
cjfa-28098	324	33	german	german	ADJ
cjfa-28098	324	34	cg	cg	NOUN
cjfa-28098	324	35	system	system	NOUN
cjfa-28098	324	36	which	which	PRON
cjfa-28098	324	37	is	be	AUX
cjfa-28098	324	38	characterized	characterize	VERB
cjfa-28098	324	39	as	as	SCONJ
cjfa-28098	324	40	stakeholder	stakeholder	NOUN
cjfa-28098	324	41	oriented	orient	VERB
cjfa-28098	324	42	,	,	PUNCT
cjfa-28098	324	43	that	that	PRON
cjfa-28098	324	44	raises	raise	VERB
cjfa-28098	324	45	doubt	doubt	NOUN
cjfa-28098	324	46	regarding	regard	VERB
cjfa-28098	324	47	the	the	DET
cjfa-28098	324	48	sustainability	sustainability	NOUN
cjfa-28098	324	49	in	in	ADP
cjfa-28098	324	50	its	its	PRON
cjfa-28098	324	51	present	present	ADJ
cjfa-28098	324	52	structure	structure	NOUN
cjfa-28098	324	53	.	.	PUNCT
cjfa-28098	325	1	another	another	DET
cjfa-28098	325	2	study	study	NOUN
cjfa-28098	325	3	by	by	ADP
cjfa-28098	325	4	coffee	coffee	NOUN
cjfa-28098	325	5	(	(	PUNCT
cjfa-28098	325	6	2001	2001	NUM
cjfa-28098	325	7	)	)	PUNCT
cjfa-28098	325	8	talked	talk	VERB
cjfa-28098	325	9	about	about	ADP
cjfa-28098	325	10	the	the	DET
cjfa-28098	325	11	modification	modification	NOUN
cjfa-28098	325	12	of	of	ADP
cjfa-28098	325	13	stakeholder	stakeholder	NOUN
cjfa-28098	325	14	basis	basis	NOUN
cjfa-28098	325	15	of	of	ADP
cjfa-28098	325	16	cg	cg	NOUN
cjfa-28098	325	17	in	in	ADP
cjfa-28098	325	18	europe	europe	PROPN
cjfa-28098	325	19	&	&	CCONJ
cjfa-28098	325	20	japan	japan	PROPN
cjfa-28098	325	21	.	.	PUNCT
cjfa-28098	326	1	the	the	DET
cjfa-28098	326	2	study	study	NOUN
cjfa-28098	326	3	incorporates	incorporate	VERB
cjfa-28098	326	4	four	four	NUM
cjfa-28098	326	5	parts	part	NOUN
cjfa-28098	326	6	where	where	SCONJ
cjfa-28098	326	7	shifting	shift	VERB
cjfa-28098	326	8	and	and	CCONJ
cjfa-28098	326	9	alteration	alteration	NOUN
cjfa-28098	326	10	in	in	ADP
cjfa-28098	326	11	cg	cg	NOUN
cjfa-28098	326	12	is	be	AUX
cjfa-28098	326	13	verified	verify	VERB
cjfa-28098	326	14	;	;	PUNCT
cjfa-28098	326	15	“	"	PUNCT
cjfa-28098	326	16	1	1	X
cjfa-28098	326	17	)	)	PUNCT
cjfa-28098	326	18	legal	legal	ADJ
cjfa-28098	326	19	framework	framework	NOUN
cjfa-28098	326	20	,	,	PUNCT
cjfa-28098	326	21	2	2	NUM
cjfa-28098	326	22	)	)	PUNCT
cjfa-28098	326	23	ownership	ownership	NOUN
cjfa-28098	326	24	structure	structure	NOUN
cjfa-28098	326	25	,	,	PUNCT
cjfa-28098	326	26	3	3	X
cjfa-28098	326	27	)	)	PUNCT
cjfa-28098	326	28	internationalization	internationalization	NOUN
cjfa-28098	326	29	of	of	ADP
cjfa-28098	326	30	the	the	DET
cjfa-28098	326	31	markets	market	NOUN
cjfa-28098	326	32	for	for	ADP
cjfa-28098	326	33	corporate	corporate	ADJ
cjfa-28098	326	34	control	control	NOUN
cjfa-28098	326	35	,	,	PUNCT
cjfa-28098	326	36	and	and	CCONJ
cjfa-28098	326	37	4	4	X
cjfa-28098	326	38	)	)	PUNCT
cjfa-28098	326	39	growth	growth	NOUN
cjfa-28098	326	40	of	of	ADP
cjfa-28098	326	41	european	european	ADJ
cjfa-28098	326	42	capital	capital	NOUN
cjfa-28098	326	43	markets	market	NOUN
cjfa-28098	326	44	.	.	PUNCT
cjfa-28098	326	45	”	"	PUNCT
cjfa-28098	327	1	the	the	DET
cjfa-28098	327	2	pressure	pressure	NOUN
cjfa-28098	327	3	of	of	ADP
cjfa-28098	327	4	large	large	ADJ
cjfa-28098	327	5	institutional	institutional	ADJ
cjfa-28098	327	6	investors	investor	NOUN
cjfa-28098	327	7	and	and	CCONJ
cjfa-28098	327	8	their	their	PRON
cjfa-28098	327	9	enhanced	enhanced	ADJ
cjfa-28098	327	10	control	control	NOUN
cjfa-28098	327	11	on	on	ADP
cjfa-28098	327	12	european	european	ADJ
cjfa-28098	327	13	executives	executive	NOUN
cjfa-28098	327	14	might	might	AUX
cjfa-28098	327	15	also	also	ADV
cjfa-28098	327	16	be	be	AUX
cjfa-28098	327	17	a	a	DET
cjfa-28098	327	18	significant	significant	ADJ
cjfa-28098	327	19	factor	factor	NOUN
cjfa-28098	327	20	for	for	ADP
cjfa-28098	327	21	shifting	shift	VERB
cjfa-28098	327	22	towards	towards	ADP
cjfa-28098	327	23	shareholder	shareholder	NOUN
cjfa-28098	327	24	orientation	orientation	NOUN
cjfa-28098	327	25	of	of	ADP
cjfa-28098	327	26	cg	cg	NOUN
cjfa-28098	327	27	.	.	PUNCT
cjfa-28098	328	1	furthermore	furthermore	ADV
cjfa-28098	328	2	,	,	PUNCT
cjfa-28098	328	3	(	(	PUNCT
cjfa-28098	328	4	hansmann	hansmann	NOUN
cjfa-28098	328	5	&	&	CCONJ
cjfa-28098	328	6	kraakman	kraakman	PROPN
cjfa-28098	328	7	,	,	PUNCT
cjfa-28098	328	8	2000	2000	NUM
cjfa-28098	328	9	)	)	PUNCT
cjfa-28098	328	10	proposed	propose	VERB
cjfa-28098	328	11	that	that	SCONJ
cjfa-28098	328	12	shifting	shift	VERB
cjfa-28098	328	13	towards	towards	ADP
cjfa-28098	328	14	the	the	DET
cjfa-28098	328	15	shareholder	shareholder	NOUN
cjfa-28098	328	16	-	-	PUNCT
cjfa-28098	328	17	oriented	orient	VERB
cjfa-28098	328	18	cg	cg	NOUN
cjfa-28098	328	19	model	model	NOUN
cjfa-28098	328	20	is	be	AUX
cjfa-28098	328	21	not	not	PART
cjfa-28098	328	22	only	only	ADV
cjfa-28098	328	23	advantageous	advantageous	ADJ
cjfa-28098	328	24	and	and	CCONJ
cjfa-28098	328	25	unavoidable	unavoidable	ADJ
cjfa-28098	328	26	,	,	PUNCT
cjfa-28098	328	27	it	it	PRON
cjfa-28098	328	28	has	have	AUX
cjfa-28098	328	29	already	already	ADV
cjfa-28098	328	30	taken	take	VERB
cjfa-28098	328	31	place	place	NOUN
cjfa-28098	328	32	.	.	PUNCT
cjfa-28098	329	1	moreover	moreover	ADV
cjfa-28098	329	2	,	,	PUNCT
cjfa-28098	329	3	the	the	DET
cjfa-28098	329	4	agreement	agreement	NOUN
cjfa-28098	329	5	on	on	ADP
cjfa-28098	329	6	a	a	DET
cjfa-28098	329	7	shareholder	shareholder	NOUN
cjfa-28098	329	8	-	-	PUNCT
cjfa-28098	329	9	oriented	orient	VERB
cjfa-28098	329	10	framework	framework	NOUN
cjfa-28098	329	11	not	not	PART
cjfa-28098	329	12	only	only	ADV
cjfa-28098	329	13	increase	increase	VERB
cjfa-28098	329	14	in	in	ADP
cjfa-28098	329	15	the	the	DET
cjfa-28098	329	16	anglo	anglo	ADJ
cjfa-28098	329	17	-	-	PUNCT
cjfa-28098	329	18	saxon	saxon	NOUN
cjfa-28098	329	19	nations	nation	NOUN
cjfa-28098	329	20	,	,	PUNCT
cjfa-28098	329	21	but	but	CCONJ
cjfa-28098	329	22	has	have	AUX
cjfa-28098	329	23	also	also	ADV
cjfa-28098	329	24	intensified	intensify	VERB
cjfa-28098	329	25	globally	globally	ADV
cjfa-28098	329	26	due	due	ADP
cjfa-28098	329	27	to	to	ADP
cjfa-28098	329	28	the	the	DET
cjfa-28098	329	29	attainment	attainment	NOUN
cjfa-28098	329	30	of	of	ADP
cjfa-28098	329	31	modern	modern	ADJ
cjfa-28098	329	32	firms	firm	NOUN
cjfa-28098	329	33	functioning	function	VERB
cjfa-28098	329	34	using	use	VERB
cjfa-28098	329	35	this	this	DET
cjfa-28098	329	36	form	form	NOUN
cjfa-28098	329	37	.	.	PUNCT
cjfa-28098	330	1	they	they	PRON
cjfa-28098	330	2	also	also	ADV
cjfa-28098	330	3	specified	specify	VERB
cjfa-28098	330	4	that	that	SCONJ
cjfa-28098	330	5	the	the	DET
cjfa-28098	330	6	shareholder	shareholder	NOUN
cjfa-28098	330	7	framework	framework	NOUN
cjfa-28098	330	8	has	have	AUX
cjfa-28098	330	9	out	out	ADV
cjfa-28098	330	10	-	-	PUNCT
cjfa-28098	330	11	performed	perform	VERB
cjfa-28098	330	12	the	the	DET
cjfa-28098	330	13	stakeholder	stakeholder	NOUN
cjfa-28098	330	14	model	model	NOUN
cjfa-28098	330	15	,	,	PUNCT
cjfa-28098	330	16	and	and	CCONJ
cjfa-28098	330	17	the	the	DET
cjfa-28098	330	18	financial	financial	ADJ
cjfa-28098	330	19	and	and	CCONJ
cjfa-28098	330	20	societal	societal	ADJ
cjfa-28098	330	21	globalization	globalization	NOUN
cjfa-28098	330	22	force	force	NOUN
cjfa-28098	330	23	will	will	AUX
cjfa-28098	330	24	transform	transform	VERB
cjfa-28098	330	25	stakeholders	stakeholder	NOUN
cjfa-28098	330	26	-	-	PUNCT
cjfa-28098	330	27	oriented	orient	VERB
cjfa-28098	330	28	model	model	NOUN
cjfa-28098	330	29	into	into	ADP
cjfa-28098	330	30	shareholders	shareholder	NOUN
cjfa-28098	330	31	-	-	PUNCT
cjfa-28098	330	32	oriented	orient	VERB
cjfa-28098	330	33	framework	framework	NOUN
cjfa-28098	330	34	.	.	PUNCT
cjfa-28098	331	1	moreover	moreover	ADV
cjfa-28098	331	2	,	,	PUNCT
cjfa-28098	331	3	research	research	NOUN
cjfa-28098	331	4	carried	carry	VERB
cjfa-28098	331	5	out	out	ADP
cjfa-28098	331	6	by	by	ADP
cjfa-28098	331	7	(	(	PUNCT
cjfa-28098	331	8	yoshikawa	yoshikawa	PROPN
cjfa-28098	331	9	and	and	CCONJ
cjfa-28098	331	10	phan	phan	PROPN
cjfa-28098	331	11	,	,	PUNCT
cjfa-28098	331	12	2001	2001	NUM
cjfa-28098	331	13	)	)	PUNCT
cjfa-28098	331	14	to	to	PART
cjfa-28098	331	15	exemplify	exemplify	VERB
cjfa-28098	331	16	the	the	DET
cjfa-28098	331	17	dissimilarity	dissimilarity	NOUN
cjfa-28098	331	18	of	of	ADP
cjfa-28098	331	19	two	two	NUM
cjfa-28098	331	20	cg	cg	NOUN
cjfa-28098	331	21	approaches	approach	NOUN
cjfa-28098	331	22	practiced	practice	VERB
cjfa-28098	331	23	in	in	ADP
cjfa-28098	331	24	japan	japan	PROPN
cjfa-28098	331	25	.	.	PUNCT
cjfa-28098	332	1	they	they	PRON
cjfa-28098	332	2	observed	observe	VERB
cjfa-28098	332	3	that	that	SCONJ
cjfa-28098	332	4	,	,	PUNCT
cjfa-28098	332	5	the	the	DET
cjfa-28098	332	6	alteration	alteration	NOUN
cjfa-28098	332	7	in	in	ADP
cjfa-28098	332	8	ownership	ownership	NOUN
cjfa-28098	332	9	composition	composition	NOUN
cjfa-28098	332	10	and	and	CCONJ
cjfa-28098	332	11	investor	investor	NOUN
cjfa-28098	332	12	’s	’s	PART
cjfa-28098	332	13	expectations	expectation	NOUN
cjfa-28098	332	14	will	will	AUX
cjfa-28098	332	15	stimulate	stimulate	VERB
cjfa-28098	332	16	the	the	DET
cjfa-28098	332	17	firms	firm	NOUN
cjfa-28098	332	18	to	to	PART
cjfa-28098	332	19	concentrate	concentrate	VERB
cjfa-28098	332	20	more	more	ADV
cjfa-28098	332	21	on	on	ADP
cjfa-28098	332	22	increase	increase	NOUN
cjfa-28098	332	23	shareholder	shareholder	NOUN
cjfa-28098	332	24	wealth	wealth	NOUN
cjfa-28098	332	25	even	even	ADV
cjfa-28098	332	26	though	though	SCONJ
cjfa-28098	332	27	stakeholder	stakeholder	NOUN
cjfa-28098	332	28	welfare	welfare	NOUN
cjfa-28098	332	29	are	be	AUX
cjfa-28098	332	30	more	more	ADV
cjfa-28098	332	31	focused	focused	ADJ
cjfa-28098	332	32	.	.	PUNCT
cjfa-28098	333	1	yet	yet	ADV
cjfa-28098	333	2	,	,	PUNCT
cjfa-28098	333	3	another	another	DET
cjfa-28098	333	4	study	study	NOUN
cjfa-28098	333	5	performed	perform	VERB
cjfa-28098	333	6	by	by	ADP
cjfa-28098	333	7	(	(	PUNCT
cjfa-28098	333	8	allen	allen	PROPN
cjfa-28098	333	9	&	&	CCONJ
cjfa-28098	333	10	gale	gale	PROPN
cjfa-28098	333	11	,	,	PUNCT
cjfa-28098	333	12	2000	2000	NUM
cjfa-28098	333	13	)	)	PUNCT
cjfa-28098	333	14	argued	argue	VERB
cjfa-28098	333	15	that	that	SCONJ
cjfa-28098	333	16	even	even	ADV
cjfa-28098	333	17	though	though	SCONJ
cjfa-28098	333	18	there	there	PRON
cjfa-28098	333	19	is	be	VERB
cjfa-28098	333	20	obvious	obvious	ADJ
cjfa-28098	333	21	tendency	tendency	NOUN
cjfa-28098	333	22	of	of	ADP
cjfa-28098	333	23	shifting	shift	VERB
cjfa-28098	333	24	towards	towards	ADP
cjfa-28098	333	25	“	"	PUNCT
cjfa-28098	333	26	anglo	anglo	ADJ
cjfa-28098	333	27	-	-	PUNCT
cjfa-28098	333	28	american	american	ADJ
cjfa-28098	333	29	approach	approach	NOUN
cjfa-28098	333	30	”	"	PUNCT
cjfa-28098	333	31	of	of	ADP
cjfa-28098	333	32	cg	cg	NOUN
cjfa-28098	333	33	exhibiting	exhibit	VERB
cjfa-28098	333	34	the	the	DET
cjfa-28098	333	35	supremacy	supremacy	NOUN
cjfa-28098	333	36	of	of	ADP
cjfa-28098	333	37	uk	uk	PROPN
cjfa-28098	333	38	and	and	CCONJ
cjfa-28098	333	39	usa	usa	PROPN
cjfa-28098	333	40	economy	economy	NOUN
cjfa-28098	333	41	but	but	CCONJ
cjfa-28098	333	42	in	in	ADP
cjfa-28098	333	43	case	case	NOUN
cjfa-28098	333	44	of	of	ADP
cjfa-28098	333	45	asian	asian	ADJ
cjfa-28098	333	46	economy	economy	NOUN
cjfa-28098	333	47	it	it	PRON
cjfa-28098	333	48	is	be	AUX
cjfa-28098	333	49	complicated	complicated	ADJ
cjfa-28098	333	50	to	to	PART
cjfa-28098	333	51	completely	completely	ADV
cjfa-28098	333	52	shift	shift	VERB
cjfa-28098	333	53	toward	toward	ADP
cjfa-28098	333	54	“	"	PUNCT
cjfa-28098	333	55	shareholders	shareholder	NOUN
cjfa-28098	333	56	-	-	PUNCT
cjfa-28098	333	57	oriented	orient	VERB
cjfa-28098	333	58	”	"	PUNCT
cjfa-28098	333	59	model	model	NOUN
cjfa-28098	333	60	because	because	SCONJ
cjfa-28098	333	61	of	of	ADP
cjfa-28098	333	62	its	its	PRON
cjfa-28098	333	63	distinctiveness	distinctiveness	NOUN
cjfa-28098	333	64	of	of	ADP
cjfa-28098	333	65	indigenous	indigenous	ADJ
cjfa-28098	333	66	trade	trade	NOUN
cjfa-28098	333	67	philosophy	philosophy	NOUN
cjfa-28098	333	68	and	and	CCONJ
cjfa-28098	333	69	legal	legal	ADJ
cjfa-28098	333	70	structure	structure	NOUN
cjfa-28098	333	71	.	.	PUNCT
cjfa-28098	334	1	comparative	comparative	ADJ
cjfa-28098	334	2	corporate	corporate	ADJ
cjfa-28098	334	3	governance	governance	NOUN
cjfa-28098	334	4	researches	research	VERB
cjfa-28098	334	5	on	on	ADP
cjfa-28098	334	6	the	the	DET
cjfa-28098	334	7	subject	subject	NOUN
cjfa-28098	334	8	of	of	ADP
cjfa-28098	334	9	cg	cg	NOUN
cjfa-28098	334	10	have	have	AUX
cjfa-28098	334	11	emerged	emerge	VERB
cjfa-28098	334	12	as	as	ADP
cjfa-28098	334	13	an	an	DET
cjfa-28098	334	14	imperative	imperative	ADJ
cjfa-28098	334	15	field	field	NOUN
cjfa-28098	334	16	from	from	ADP
cjfa-28098	334	17	the	the	DET
cjfa-28098	334	18	last	last	ADJ
cjfa-28098	334	19	ten	ten	NUM
cjfa-28098	334	20	years	year	NOUN
cjfa-28098	334	21	,	,	PUNCT
cjfa-28098	334	22	and	and	CCONJ
cjfa-28098	334	23	have	have	AUX
cjfa-28098	334	24	generated	generate	VERB
cjfa-28098	334	25	considerable	considerable	ADJ
cjfa-28098	334	26	attention	attention	NOUN
cjfa-28098	334	27	in	in	ADP
cjfa-28098	334	28	global	global	ADJ
cjfa-28098	334	29	analogy	analogy	NOUN
cjfa-28098	334	30	.	.	PUNCT
cjfa-28098	335	1	previous	previous	ADJ
cjfa-28098	335	2	researches	research	NOUN
cjfa-28098	335	3	alienated	alienate	VERB
cjfa-28098	335	4	the	the	DET
cjfa-28098	335	5	studies	study	NOUN
cjfa-28098	335	6	into	into	ADP
cjfa-28098	335	7	two	two	NUM
cjfa-28098	335	8	extensive	extensive	ADJ
cjfa-28098	335	9	classifications	classification	NOUN
cjfa-28098	335	10	namely	namely	ADV
cjfa-28098	335	11	the	the	DET
cjfa-28098	335	12	anglo	anglo	ADJ
cjfa-28098	335	13	-	-	PUNCT
cjfa-28098	335	14	american	american	ADJ
cjfa-28098	335	15	cg	cg	NOUN
cjfa-28098	335	16	arrangement	arrangement	NOUN
cjfa-28098	335	17	,	,	PUNCT
cjfa-28098	335	18	which	which	PRON
cjfa-28098	335	19	is	be	AUX
cjfa-28098	335	20	outlined	outline	VERB
cjfa-28098	335	21	by	by	ADP
cjfa-28098	335	22	robust	robust	ADJ
cjfa-28098	335	23	equity	equity	NOUN
cjfa-28098	335	24	holders	holder	NOUN
cjfa-28098	335	25	’	'	PUNCT
cjfa-28098	335	26	rights	right	NOUN
cjfa-28098	335	27	,	,	PUNCT
cjfa-28098	335	28	shorter	short	ADJ
cjfa-28098	335	29	period	period	NOUN
cjfa-28098	335	30	equity	equity	NOUN
cjfa-28098	335	31	financing	financing	NOUN
cjfa-28098	335	32	,	,	PUNCT
cjfa-28098	335	33	discrete	discrete	ADJ
cjfa-28098	335	34	shareholdings	shareholding	NOUN
cjfa-28098	335	35	,	,	PUNCT
cjfa-28098	335	36	atm	atm	PROPN
cjfa-28098	335	37	adnan	adnan	PROPN
cjfa-28098	335	38	,	,	PUNCT
cjfa-28098	335	39	nisar	nisar	PROPN
cjfa-28098	335	40	ahmed32	ahmed32	VERB
cjfa-28098	335	41	effective	effective	ADJ
cjfa-28098	335	42	markets	market	NOUN
cjfa-28098	335	43	for	for	ADP
cjfa-28098	335	44	capital	capital	NOUN
cjfa-28098	335	45	control	control	NOUN
cjfa-28098	335	46	,	,	PUNCT
cjfa-28098	335	47	and	and	CCONJ
cjfa-28098	335	48	responsive	responsive	ADJ
cjfa-28098	335	49	market	market	NOUN
cjfa-28098	335	50	for	for	ADP
cjfa-28098	335	51	workforce	workforce	NOUN
cjfa-28098	335	52	(	(	PUNCT
cjfa-28098	335	53	vitols	vitol	NOUN
cjfa-28098	335	54	,	,	PUNCT
cjfa-28098	335	55	hall	hall	PROPN
cjfa-28098	335	56	&	&	CCONJ
cjfa-28098	335	57	soskice	soskice	PROPN
cjfa-28098	335	58	,	,	PUNCT
cjfa-28098	335	59	2001	2001	NUM
cjfa-28098	335	60	)	)	PUNCT
cjfa-28098	335	61	,	,	PUNCT
cjfa-28098	335	62	(	(	PUNCT
cjfa-28098	335	63	hall	hall	NOUN
cjfa-28098	335	64	&	&	CCONJ
cjfa-28098	335	65	soskice	soskice	PROPN
cjfa-28098	335	66	,	,	PUNCT
cjfa-28098	335	67	2001	2001	NUM
cjfa-28098	335	68	)	)	PUNCT
cjfa-28098	335	69	and	and	CCONJ
cjfa-28098	335	70	other	other	ADJ
cjfa-28098	335	71	one	one	NUM
cjfa-28098	335	72	known	know	VERB
cjfa-28098	335	73	as	as	ADP
cjfa-28098	335	74	the	the	DET
cjfa-28098	335	75	continental	continental	PROPN
cjfa-28098	335	76	european	european	PROPN
cjfa-28098	335	77	cg	cg	PROPN
cjfa-28098	335	78	arrangement	arrangement	NOUN
cjfa-28098	335	79	,	,	PUNCT
cjfa-28098	335	80	which	which	PRON
cjfa-28098	335	81	can	can	AUX
cjfa-28098	335	82	be	be	AUX
cjfa-28098	335	83	described	describe	VERB
cjfa-28098	335	84	by	by	ADP
cjfa-28098	335	85	longer	long	ADJ
cjfa-28098	335	86	period	period	NOUN
cjfa-28098	335	87	credit	credit	NOUN
cjfa-28098	335	88	funding	funding	NOUN
cjfa-28098	335	89	,	,	PUNCT
cjfa-28098	335	90	intensified	intensify	VERB
cjfa-28098	335	91	block	block	NOUN
cjfa-28098	335	92	holder	holder	NOUN
cjfa-28098	335	93	control	control	NOUN
cjfa-28098	335	94	,	,	PUNCT
cjfa-28098	335	95	weaker	weak	ADJ
cjfa-28098	335	96	equity	equity	NOUN
cjfa-28098	335	97	holders	holder	NOUN
cjfa-28098	335	98	authority	authority	NOUN
cjfa-28098	335	99	,	,	PUNCT
cjfa-28098	335	100	passive	passive	ADJ
cjfa-28098	335	101	markets	market	NOUN
cjfa-28098	335	102	for	for	ADP
cjfa-28098	335	103	controlling	control	VERB
cjfa-28098	335	104	capital	capital	NOUN
cjfa-28098	335	105	and	and	CCONJ
cjfa-28098	335	106	nonflexible	nonflexible	ADJ
cjfa-28098	335	107	markets	market	NOUN
cjfa-28098	335	108	for	for	ADP
cjfa-28098	335	109	workforce	workforce	NOUN
cjfa-28098	335	110	.	.	PUNCT
cjfa-28098	336	1	(	(	PUNCT
cjfa-28098	336	2	la	la	INTJ
cjfa-28098	336	3	porta	porta	NOUN
cjfa-28098	336	4	et	et	PROPN
cjfa-28098	336	5	al	al	PROPN
cjfa-28098	336	6	.	.	PROPN
cjfa-28098	336	7	,	,	PUNCT
cjfa-28098	336	8	1999	1999	NUM
cjfa-28098	336	9	)	)	PUNCT
cjfa-28098	336	10	;	;	PUNCT
cjfa-28098	336	11	(	(	PUNCT
cjfa-28098	336	12	ooghe	ooghe	ADJ
cjfa-28098	336	13	&	&	CCONJ
cjfa-28098	336	14	de	de	ADV
cjfa-28098	336	15	langhe	langhe	ADJ
cjfa-28098	336	16	,	,	PUNCT
cjfa-28098	336	17	2002);(cernat	2002);(cernat	NUM
cjfa-28098	336	18	,	,	PUNCT
cjfa-28098	336	19	2004	2004	NUM
cjfa-28098	336	20	)	)	PUNCT
cjfa-28098	336	21	.	.	PUNCT
cjfa-28098	337	1	over	over	ADP
cjfa-28098	337	2	the	the	DET
cjfa-28098	337	3	time	time	NOUN
cjfa-28098	337	4	,	,	PUNCT
cjfa-28098	337	5	these	these	DET
cjfa-28098	337	6	two	two	NUM
cjfa-28098	337	7	different	different	ADJ
cjfa-28098	337	8	opinions	opinion	NOUN
cjfa-28098	337	9	regarding	regard	VERB
cjfa-28098	337	10	cg	cg	NOUN
cjfa-28098	337	11	have	have	AUX
cjfa-28098	337	12	been	be	AUX
cjfa-28098	337	13	developed	develop	VERB
cjfa-28098	337	14	and	and	CCONJ
cjfa-28098	337	15	changed	change	VERB
cjfa-28098	337	16	by	by	ADP
cjfa-28098	337	17	the	the	DET
cjfa-28098	337	18	varied	varied	ADJ
cjfa-28098	337	19	practical	practical	ADJ
cjfa-28098	337	20	implication	implication	NOUN
cjfa-28098	337	21	in	in	ADP
cjfa-28098	337	22	different	different	ADJ
cjfa-28098	337	23	countries	country	NOUN
cjfa-28098	337	24	.	.	PUNCT
cjfa-28098	338	1	however	however	ADV
cjfa-28098	338	2	,	,	PUNCT
cjfa-28098	338	3	these	these	DET
cjfa-28098	338	4	two	two	NUM
cjfa-28098	338	5	different	different	ADJ
cjfa-28098	338	6	arguments	argument	NOUN
cjfa-28098	338	7	act	act	VERB
cjfa-28098	338	8	as	as	ADP
cjfa-28098	338	9	a	a	DET
cjfa-28098	338	10	handy	handy	ADJ
cjfa-28098	338	11	outline	outline	NOUN
cjfa-28098	338	12	to	to	PART
cjfa-28098	338	13	begin	begin	VERB
cjfa-28098	338	14	the	the	DET
cjfa-28098	338	15	discussion	discussion	NOUN
cjfa-28098	338	16	.	.	PUNCT
cjfa-28098	339	1	studies	study	NOUN
cjfa-28098	339	2	carried	carry	VERB
cjfa-28098	339	3	by	by	ADP
cjfa-28098	339	4	several	several	ADJ
cjfa-28098	339	5	researchers	researcher	NOUN
cjfa-28098	339	6	such	such	ADJ
cjfa-28098	339	7	as	as	ADP
cjfa-28098	339	8	(	(	PUNCT
cjfa-28098	339	9	aoki	aoki	PROPN
cjfa-28098	339	10	,	,	PUNCT
cjfa-28098	339	11	jackson	jackson	PROPN
cjfa-28098	339	12	&	&	CCONJ
cjfa-28098	339	13	miyajima	miyajima	PROPN
cjfa-28098	339	14	,	,	PUNCT
cjfa-28098	339	15	2007	2007	NUM
cjfa-28098	339	16	)	)	PUNCT
cjfa-28098	339	17	(	(	PUNCT
cjfa-28098	339	18	kang	kang	PROPN
cjfa-28098	339	19	&	&	CCONJ
cjfa-28098	339	20	shivdasani	shivdasani	PROPN
cjfa-28098	339	21	,	,	PUNCT
cjfa-28098	339	22	1995	1995	NUM
cjfa-28098	339	23	)	)	PUNCT
cjfa-28098	339	24	found	find	VERB
cjfa-28098	339	25	that	that	SCONJ
cjfa-28098	339	26	both	both	CCONJ
cjfa-28098	339	27	the	the	DET
cjfa-28098	339	28	characteristics	characteristic	NOUN
cjfa-28098	339	29	of	of	ADP
cjfa-28098	339	30	anglo	anglo	ADJ
cjfa-28098	339	31	-	-	PUNCT
cjfa-28098	339	32	american	american	ADJ
cjfa-28098	339	33	and	and	CCONJ
cjfa-28098	339	34	continental	continental	ADJ
cjfa-28098	339	35	european	european	PROPN
cjfa-28098	339	36	cg	cg	PROPN
cjfa-28098	339	37	models	model	NOUN
cjfa-28098	339	38	are	be	AUX
cjfa-28098	339	39	only	only	ADV
cjfa-28098	339	40	partly	partly	ADV
cjfa-28098	339	41	practicable	practicable	ADJ
cjfa-28098	339	42	in	in	ADP
cjfa-28098	339	43	realities	reality	NOUN
cjfa-28098	339	44	for	for	ADP
cjfa-28098	339	45	japan	japan	PROPN
cjfa-28098	339	46	and	and	CCONJ
cjfa-28098	339	47	eastern	eastern	ADJ
cjfa-28098	339	48	asian	asian	ADJ
cjfa-28098	339	49	region	region	NOUN
cjfa-28098	339	50	found	find	VERB
cjfa-28098	339	51	by	by	ADP
cjfa-28098	339	52	(	(	PUNCT
cjfa-28098	339	53	dore	dore	NOUN
cjfa-28098	339	54	,	,	PUNCT
cjfa-28098	339	55	2000	2000	NUM
cjfa-28098	339	56	)	)	PUNCT
cjfa-28098	339	57	;	;	PUNCT
cjfa-28098	339	58	(	(	PUNCT
cjfa-28098	339	59	fan	fan	PROPN
cjfa-28098	339	60	&	&	CCONJ
cjfa-28098	339	61	wong	wong	PROPN
cjfa-28098	339	62	,	,	PUNCT
cjfa-28098	339	63	2005	2005	NUM
cjfa-28098	339	64	)	)	PUNCT
cjfa-28098	339	65	(	(	PUNCT
cjfa-28098	339	66	hamilton	hamilton	PROPN
cjfa-28098	339	67	,	,	PUNCT
cjfa-28098	339	68	feenstra	feenstra	NOUN
cjfa-28098	339	69	,	,	PUNCT
cjfa-28098	339	70	choe	choe	PROPN
cjfa-28098	339	71	,	,	PUNCT
cjfa-28098	339	72	kim	kim	PROPN
cjfa-28098	339	73	&	&	CCONJ
cjfa-28098	339	74	lim	lim	PROPN
cjfa-28098	339	75	,	,	PUNCT
cjfa-28098	339	76	2000	2000	NUM
cjfa-28098	339	77	)	)	PUNCT
cjfa-28098	339	78	.	.	PUNCT
cjfa-28098	340	1	the	the	DET
cjfa-28098	340	2	partial	partial	ADJ
cjfa-28098	340	3	implication	implication	NOUN
cjfa-28098	340	4	has	have	AUX
cjfa-28098	340	5	been	be	AUX
cjfa-28098	340	6	also	also	ADV
cjfa-28098	340	7	experienced	experience	VERB
cjfa-28098	340	8	while	while	SCONJ
cjfa-28098	340	9	analyzing	analyze	VERB
cjfa-28098	340	10	cg	cg	NOUN
cjfa-28098	340	11	practice	practice	NOUN
cjfa-28098	340	12	in	in	ADP
cjfa-28098	340	13	a	a	DET
cjfa-28098	340	14	wide	wide	ADJ
cjfa-28098	340	15	range	range	NOUN
cjfa-28098	340	16	of	of	ADP
cjfa-28098	340	17	eu	eu	PROPN
cjfa-28098	340	18	countries	country	NOUN
cjfa-28098	340	19	(	(	PUNCT
cjfa-28098	340	20	lubatkin	lubatkin	ADJ
cjfa-28098	340	21	,	,	PUNCT
cjfa-28098	340	22	lane	lane	NOUN
cjfa-28098	340	23	,	,	PUNCT
cjfa-28098	340	24	collin	collin	PROPN
cjfa-28098	340	25	&	&	CCONJ
cjfa-28098	340	26	very	very	PROPN
cjfa-28098	340	27	,	,	PUNCT
cjfa-28098	340	28	2005),(enriques	2005),(enriques	NUM
cjfa-28098	340	29	&	&	CCONJ
cjfa-28098	340	30	volpin	volpin	NOUN
cjfa-28098	340	31	,	,	PUNCT
cjfa-28098	340	32	2007	2007	NUM
cjfa-28098	340	33	)	)	PUNCT
cjfa-28098	340	34	and	and	CCONJ
cjfa-28098	340	35	also	also	ADV
cjfa-28098	340	36	in	in	ADP
cjfa-28098	340	37	case	case	NOUN
cjfa-28098	340	38	of	of	ADP
cjfa-28098	340	39	developing	develop	VERB
cjfa-28098	340	40	economies	economy	NOUN
cjfa-28098	340	41	(	(	PUNCT
cjfa-28098	340	42	okpara	okpara	NOUN
cjfa-28098	340	43	,	,	PUNCT
cjfa-28098	340	44	2011	2011	NUM
cjfa-28098	340	45	;	;	PUNCT
cjfa-28098	340	46	siddiqui	siddiqui	NOUN
cjfa-28098	340	47	,	,	PUNCT
cjfa-28098	340	48	2010	2010	NUM
cjfa-28098	340	49	)	)	PUNCT
cjfa-28098	340	50	.	.	PUNCT
cjfa-28098	341	1	with	with	ADP
cjfa-28098	341	2	the	the	DET
cjfa-28098	341	3	motion	motion	NOUN
cjfa-28098	341	4	of	of	ADP
cjfa-28098	341	5	identifying	identify	VERB
cjfa-28098	341	6	different	different	ADJ
cjfa-28098	341	7	cg	cg	NOUN
cjfa-28098	341	8	models	model	NOUN
cjfa-28098	341	9	,	,	PUNCT
cjfa-28098	341	10	contemporary	contemporary	ADJ
cjfa-28098	341	11	studies	study	NOUN
cjfa-28098	341	12	have	have	AUX
cjfa-28098	341	13	also	also	ADV
cjfa-28098	341	14	tried	try	VERB
cjfa-28098	341	15	to	to	PART
cjfa-28098	341	16	identify	identify	VERB
cjfa-28098	341	17	,	,	PUNCT
cjfa-28098	341	18	which	which	DET
cjfa-28098	341	19	cg	cg	NOUN
cjfa-28098	341	20	model	model	NOUN
cjfa-28098	341	21	is	be	AUX
cjfa-28098	341	22	more	more	ADV
cjfa-28098	341	23	effective	effective	ADJ
cjfa-28098	341	24	and	and	CCONJ
cjfa-28098	341	25	high	high	ADJ
cjfa-28098	341	26	scale	scale	NOUN
cjfa-28098	341	27	up	up	ADP
cjfa-28098	341	28	potentiality	potentiality	NOUN
cjfa-28098	341	29	.	.	PUNCT
cjfa-28098	342	1	the	the	DET
cjfa-28098	342	2	successive	successive	ADJ
cjfa-28098	342	3	arguments	argument	NOUN
cjfa-28098	342	4	in	in	ADP
cjfa-28098	342	5	cg	cg	NOUN
cjfa-28098	342	6	seek	seek	VERB
cjfa-28098	342	7	to	to	PART
cjfa-28098	342	8	identify	identify	VERB
cjfa-28098	342	9	the	the	DET
cjfa-28098	342	10	extent	extent	NOUN
cjfa-28098	342	11	of	of	ADP
cjfa-28098	342	12	the	the	DET
cjfa-28098	342	13	globalization	globalization	NOUN
cjfa-28098	342	14	of	of	ADP
cjfa-28098	342	15	the	the	DET
cjfa-28098	342	16	markets	market	NOUN
cjfa-28098	342	17	and	and	CCONJ
cjfa-28098	342	18	the	the	DET
cjfa-28098	342	19	liberalism	liberalism	NOUN
cjfa-28098	342	20	has	have	AUX
cjfa-28098	342	21	driven	drive	VERB
cjfa-28098	342	22	to	to	PART
cjfa-28098	342	23	swift	swift	VERB
cjfa-28098	342	24	adjustments	adjustment	NOUN
cjfa-28098	342	25	in	in	ADP
cjfa-28098	342	26	classical	classical	ADJ
cjfa-28098	342	27	structure	structure	NOUN
cjfa-28098	342	28	of	of	ADP
cjfa-28098	342	29	cg	cg	NOUN
cjfa-28098	342	30	therefore	therefore	ADV
cjfa-28098	342	31	both	both	CCONJ
cjfa-28098	342	32	the	the	DET
cjfa-28098	342	33	pure	pure	ADJ
cjfa-28098	342	34	angloamerican	angloamerican	NOUN
cjfa-28098	342	35	and	and	CCONJ
cjfa-28098	342	36	continentaleuropean	continentaleuropean	ADJ
cjfa-28098	342	37	models	model	NOUN
cjfa-28098	342	38	have	have	AUX
cjfa-28098	342	39	not	not	PART
cjfa-28098	342	40	been	be	AUX
cjfa-28098	342	41	the	the	DET
cjfa-28098	342	42	auto	auto	NOUN
cjfa-28098	342	43	choice	choice	NOUN
cjfa-28098	342	44	as	as	ADP
cjfa-28098	342	45	considerable	considerable	ADJ
cjfa-28098	342	46	researches	research	NOUN
cjfa-28098	342	47	such	such	ADJ
cjfa-28098	342	48	as	as	ADP
cjfa-28098	342	49	(	(	PUNCT
cjfa-28098	342	50	gugler	gugler	NOUN
cjfa-28098	342	51	,	,	PUNCT
cjfa-28098	342	52	mueller	mueller	PROPN
cjfa-28098	342	53	&	&	CCONJ
cjfa-28098	342	54	yurtoglu	yurtoglu	PROPN
cjfa-28098	342	55	,	,	PUNCT
cjfa-28098	342	56	2004),(khanna	2004),(khanna	NUM
cjfa-28098	342	57	,	,	PUNCT
cjfa-28098	342	58	kogan	kogan	PROPN
cjfa-28098	342	59	&	&	CCONJ
cjfa-28098	342	60	palepu	palepu	PROPN
cjfa-28098	342	61	,	,	PUNCT
cjfa-28098	342	62	2006	2006	NUM
cjfa-28098	342	63	;	;	PUNCT
cjfa-28098	342	64	rugman	rugman	NOUN
cjfa-28098	342	65	&	&	CCONJ
cjfa-28098	342	66	collinson	collinson	PROPN
cjfa-28098	342	67	,	,	PUNCT
cjfa-28098	342	68	2009	2009	NUM
cjfa-28098	342	69	)	)	PUNCT
cjfa-28098	342	70	exhibited	exhibit	VERB
cjfa-28098	342	71	that	that	SCONJ
cjfa-28098	342	72	cg	cg	NOUN
cjfa-28098	342	73	system	system	NOUN
cjfa-28098	342	74	practiced	practice	VERB
cjfa-28098	342	75	in	in	ADP
cjfa-28098	342	76	different	different	ADJ
cjfa-28098	342	77	local	local	ADJ
cjfa-28098	342	78	and	and	CCONJ
cjfa-28098	342	79	global	global	ADJ
cjfa-28098	342	80	institutions	institution	NOUN
cjfa-28098	342	81	dominated	dominate	VERB
cjfa-28098	342	82	significantly	significantly	ADV
cjfa-28098	342	83	by	by	ADP
cjfa-28098	342	84	international	international	ADJ
cjfa-28098	342	85	pressure	pressure	NOUN
cjfa-28098	342	86	.	.	PUNCT
cjfa-28098	343	1	for	for	ADP
cjfa-28098	343	2	example	example	NOUN
cjfa-28098	343	3	,	,	PUNCT
cjfa-28098	343	4	(	(	PUNCT
cjfa-28098	343	5	buck	buck	PROPN
cjfa-28098	343	6	&	&	CCONJ
cjfa-28098	343	7	shahrim	shahrim	PROPN
cjfa-28098	343	8	,	,	PUNCT
cjfa-28098	343	9	2005	2005	NUM
cjfa-28098	343	10	)	)	PUNCT
cjfa-28098	343	11	,	,	PUNCT
cjfa-28098	343	12	(	(	PUNCT
cjfa-28098	343	13	fiss	fiss	PROPN
cjfa-28098	343	14	&	&	CCONJ
cjfa-28098	343	15	zajac	zajac	PROPN
cjfa-28098	343	16	,	,	PUNCT
cjfa-28098	343	17	2004	2004	NUM
cjfa-28098	343	18	)	)	PUNCT
cjfa-28098	343	19	,	,	PUNCT
cjfa-28098	343	20	and	and	CCONJ
cjfa-28098	343	21	(	(	PUNCT
cjfa-28098	343	22	ahmadjian	ahmadjian	PROPN
cjfa-28098	343	23	&	&	CCONJ
cjfa-28098	343	24	robbins	robbins	PROPN
cjfa-28098	343	25	,	,	PUNCT
cjfa-28098	343	26	2005	2005	NUM
cjfa-28098	343	27	)	)	PUNCT
cjfa-28098	343	28	have	have	AUX
cjfa-28098	343	29	exhibited	exhibit	VERB
cjfa-28098	343	30	that	that	SCONJ
cjfa-28098	343	31	when	when	SCONJ
cjfa-28098	343	32	shareholder	shareholder	NOUN
cjfa-28098	343	33	oriented	orient	VERB
cjfa-28098	343	34	cg	cg	NOUN
cjfa-28098	343	35	model	model	NOUN
cjfa-28098	343	36	practices	practice	NOUN
cjfa-28098	343	37	specially	specially	ADV
cjfa-28098	343	38	those	those	PRON
cjfa-28098	343	39	are	be	AUX
cjfa-28098	343	40	exported	export	VERB
cjfa-28098	343	41	from	from	ADP
cjfa-28098	343	42	usa	usa	PROPN
cjfa-28098	343	43	to	to	ADP
cjfa-28098	343	44	other	other	ADJ
cjfa-28098	343	45	region	region	NOUN
cjfa-28098	343	46	of	of	ADP
cjfa-28098	343	47	the	the	DET
cjfa-28098	343	48	globe	globe	NOUN
cjfa-28098	343	49	is	be	AUX
cjfa-28098	343	50	likely	likely	ADJ
cjfa-28098	343	51	to	to	PART
cjfa-28098	343	52	be	be	AUX
cjfa-28098	343	53	transformed	transform	VERB
cjfa-28098	343	54	and	and	CCONJ
cjfa-28098	343	55	mixed	mix	VERB
cjfa-28098	343	56	with	with	ADP
cjfa-28098	343	57	the	the	DET
cjfa-28098	343	58	local	local	ADJ
cjfa-28098	343	59	cg	cg	NOUN
cjfa-28098	343	60	systems	system	NOUN
cjfa-28098	343	61	prior	prior	ADV
cjfa-28098	343	62	to	to	ADP
cjfa-28098	343	63	their	their	PRON
cjfa-28098	343	64	practical	practical	ADJ
cjfa-28098	343	65	application	application	NOUN
cjfa-28098	343	66	.	.	PUNCT
cjfa-28098	344	1	for	for	ADP
cjfa-28098	344	2	this	this	DET
cjfa-28098	344	3	reason	reason	NOUN
cjfa-28098	344	4	,	,	PUNCT
cjfa-28098	344	5	only	only	ADV
cjfa-28098	344	6	certain	certain	ADJ
cjfa-28098	344	7	degrees	degree	NOUN
cjfa-28098	344	8	of	of	ADP
cjfa-28098	344	9	the	the	DET
cjfa-28098	344	10	cg	cg	NOUN
cjfa-28098	344	11	exercise	exercise	NOUN
cjfa-28098	344	12	are	be	AUX
cjfa-28098	344	13	completely	completely	ADV
cjfa-28098	344	14	executed	execute	VERB
cjfa-28098	344	15	and	and	CCONJ
cjfa-28098	344	16	their	their	PRON
cjfa-28098	344	17	acclimatization	acclimatization	NOUN
cjfa-28098	344	18	frequently	frequently	ADV
cjfa-28098	344	19	directs	direct	VERB
cjfa-28098	344	20	to	to	ADP
cjfa-28098	344	21	innovative	innovative	ADJ
cjfa-28098	344	22	or	or	CCONJ
cjfa-28098	344	23	hybrid	hybrid	ADJ
cjfa-28098	344	24	structures	structure	NOUN
cjfa-28098	344	25	of	of	ADP
cjfa-28098	344	26	these	these	DET
cjfa-28098	344	27	practices	practice	NOUN
cjfa-28098	344	28	.	.	PUNCT
cjfa-28098	345	1	the	the	DET
cjfa-28098	345	2	transformation	transformation	NOUN
cjfa-28098	345	3	of	of	ADP
cjfa-28098	345	4	the	the	DET
cjfa-28098	345	5	corporate	corporate	ADJ
cjfa-28098	345	6	governance	governance	NOUN
cjfa-28098	345	7	model	model	NOUN
cjfa-28098	345	8	…	…	PUNCT
cjfa-28098	345	9	33	33	NUM
cjfa-28098	345	10	convergence	convergence	NOUN
cjfa-28098	345	11	of	of	ADP
cjfa-28098	345	12	corporate	corporate	ADJ
cjfa-28098	345	13	governance	governance	NOUN
cjfa-28098	345	14	considerable	considerable	ADJ
cjfa-28098	345	15	focus	focus	NOUN
cjfa-28098	345	16	has	have	AUX
cjfa-28098	345	17	encircled	encircle	VERB
cjfa-28098	345	18	the	the	DET
cjfa-28098	345	19	subject	subject	NOUN
cjfa-28098	345	20	of	of	ADP
cjfa-28098	345	21	convergence	convergence	NOUN
cjfa-28098	345	22	of	of	ADP
cjfa-28098	345	23	cg	cg	NOUN
cjfa-28098	345	24	structures	structure	NOUN
cjfa-28098	345	25	.	.	PUNCT
cjfa-28098	346	1	features	feature	NOUN
cjfa-28098	346	2	such	such	ADJ
cjfa-28098	346	3	as	as	ADP
cjfa-28098	346	4	changes	change	NOUN
cjfa-28098	346	5	in	in	ADP
cjfa-28098	346	6	the	the	DET
cjfa-28098	346	7	forms	form	NOUN
cjfa-28098	346	8	of	of	ADP
cjfa-28098	346	9	cb	cb	PROPN
cjfa-28098	346	10	(	(	PUNCT
cjfa-28098	346	11	nietsch	nietsch	PROPN
cjfa-28098	346	12	,	,	PUNCT
cjfa-28098	346	13	2005	2005	NUM
cjfa-28098	346	14	)	)	PUNCT
cjfa-28098	346	15	,	,	PUNCT
cjfa-28098	346	16	the	the	DET
cjfa-28098	346	17	continual	continual	ADJ
cjfa-28098	346	18	limitation	limitation	NOUN
cjfa-28098	346	19	of	of	ADP
cjfa-28098	346	20	market	market	NOUN
cjfa-28098	346	21	for	for	ADP
cjfa-28098	346	22	capital	capital	NOUN
cjfa-28098	346	23	(	(	PUNCT
cjfa-28098	346	24	vitols	vitol	NOUN
cjfa-28098	346	25	et	et	PROPN
cjfa-28098	346	26	al	al	PROPN
cjfa-28098	346	27	.	.	PROPN
cjfa-28098	346	28	,	,	PUNCT
cjfa-28098	346	29	2001	2001	NUM
cjfa-28098	346	30	)	)	PUNCT
cjfa-28098	346	31	,	,	PUNCT
cjfa-28098	346	32	the	the	DET
cjfa-28098	346	33	significance	significance	NOUN
cjfa-28098	346	34	of	of	ADP
cjfa-28098	346	35	staff	staff	NOUN
cjfa-28098	346	36	and	and	CCONJ
cjfa-28098	346	37	workers	worker	NOUN
cjfa-28098	346	38	as	as	ADP
cjfa-28098	346	39	stakeholders	stakeholder	NOUN
cjfa-28098	346	40	(	(	PUNCT
cjfa-28098	346	41	jackson	jackson	PROPN
cjfa-28098	346	42	&	&	CCONJ
cjfa-28098	346	43	moerke	moerke	PROPN
cjfa-28098	346	44	,	,	PUNCT
cjfa-28098	346	45	2005	2005	NUM
cjfa-28098	346	46	)	)	PUNCT
cjfa-28098	346	47	,	,	PUNCT
cjfa-28098	346	48	the	the	DET
cjfa-28098	346	49	occupational	occupational	ADJ
cjfa-28098	346	50	arrangements	arrangement	NOUN
cjfa-28098	346	51	of	of	ADP
cjfa-28098	346	52	top	top	ADJ
cjfa-28098	346	53	executives	executive	NOUN
cjfa-28098	346	54	(	(	PUNCT
cjfa-28098	346	55	kubo	kubo	PROPN
cjfa-28098	346	56	,	,	PUNCT
cjfa-28098	346	57	2005	2005	NUM
cjfa-28098	346	58	)	)	PUNCT
cjfa-28098	346	59	and	and	CCONJ
cjfa-28098	346	60	business	business	NOUN
cjfa-28098	346	61	policies	policy	NOUN
cjfa-28098	346	62	built	build	VERB
cjfa-28098	346	63	on	on	ADP
cjfa-28098	346	64	longstanding	longstanding	ADJ
cjfa-28098	346	65	associations	association	NOUN
cjfa-28098	346	66	(	(	PUNCT
cjfa-28098	346	67	yoshikawa	yoshikawa	PROPN
cjfa-28098	346	68	&	&	CCONJ
cjfa-28098	346	69	mcguire	mcguire	PROPN
cjfa-28098	346	70	,	,	PUNCT
cjfa-28098	346	71	2008	2008	NUM
cjfa-28098	346	72	)	)	PUNCT
cjfa-28098	346	73	are	be	AUX
cjfa-28098	346	74	adequate	adequate	ADJ
cjfa-28098	346	75	to	to	PART
cjfa-28098	346	76	claim	claim	VERB
cjfa-28098	346	77	that	that	SCONJ
cjfa-28098	346	78	german	german	ADJ
cjfa-28098	346	79	and	and	CCONJ
cjfa-28098	346	80	japanese	japanese	ADJ
cjfa-28098	346	81	cg	cg	NOUN
cjfa-28098	346	82	framework	framework	NOUN
cjfa-28098	346	83	are	be	AUX
cjfa-28098	346	84	still	still	ADV
cjfa-28098	346	85	quite	quite	ADV
cjfa-28098	346	86	different	different	ADJ
cjfa-28098	346	87	from	from	ADP
cjfa-28098	346	88	that	that	PRON
cjfa-28098	346	89	of	of	ADP
cjfa-28098	346	90	usa	usa	PROPN
cjfa-28098	346	91	or	or	CCONJ
cjfa-28098	346	92	uk	uk	PROPN
cjfa-28098	346	93	but	but	CCONJ
cjfa-28098	346	94	at	at	ADP
cjfa-28098	346	95	the	the	DET
cjfa-28098	346	96	same	same	ADJ
cjfa-28098	346	97	time	time	NOUN
cjfa-28098	346	98	weight	weight	NOUN
cjfa-28098	346	99	must	must	AUX
cjfa-28098	346	100	be	be	AUX
cjfa-28098	346	101	given	give	VERB
cjfa-28098	346	102	on	on	ADP
cjfa-28098	346	103	the	the	DET
cjfa-28098	346	104	noteworthy	noteworthy	ADJ
cjfa-28098	346	105	transformations	transformation	NOUN
cjfa-28098	346	106	happening	happen	VERB
cjfa-28098	346	107	in	in	ADP
cjfa-28098	346	108	other	other	ADJ
cjfa-28098	346	109	developing	develop	VERB
cjfa-28098	346	110	region	region	NOUN
cjfa-28098	346	111	alongside	alongside	ADP
cjfa-28098	346	112	germany	germany	PROPN
cjfa-28098	346	113	and	and	CCONJ
cjfa-28098	346	114	japan	japan	PROPN
cjfa-28098	346	115	.	.	PUNCT
cjfa-28098	347	1	from	from	ADP
cjfa-28098	347	2	a	a	DET
cjfa-28098	347	3	systems	system	NOUN
cjfa-28098	347	4	-	-	PUNCT
cjfa-28098	347	5	based	base	VERB
cjfa-28098	347	6	viewpoint	viewpoint	NOUN
cjfa-28098	347	7	,	,	PUNCT
cjfa-28098	347	8	recent	recent	ADJ
cjfa-28098	347	9	progresses	progress	NOUN
cjfa-28098	347	10	are	be	AUX
cjfa-28098	347	11	often	often	ADV
cjfa-28098	347	12	viewed	view	VERB
cjfa-28098	347	13	as	as	ADP
cjfa-28098	347	14	a	a	DET
cjfa-28098	347	15	“	"	PUNCT
cjfa-28098	347	16	mixture	mixture	NOUN
cjfa-28098	347	17	”	"	PUNCT
cjfa-28098	347	18	of	of	ADP
cjfa-28098	347	19	domestic	domestic	ADJ
cjfa-28098	347	20	cg	cg	NOUN
cjfa-28098	347	21	framework	framework	NOUN
cjfa-28098	347	22	(	(	PUNCT
cjfa-28098	347	23	aguilera	aguilera	PROPN
cjfa-28098	347	24	&	&	CCONJ
cjfa-28098	347	25	jackson	jackson	PROPN
cjfa-28098	347	26	,	,	PUNCT
cjfa-28098	347	27	2003	2003	NUM
cjfa-28098	347	28	)	)	PUNCT
cjfa-28098	347	29	.	.	PUNCT
cjfa-28098	348	1	fundamental	fundamental	ADJ
cjfa-28098	348	2	features	feature	NOUN
cjfa-28098	348	3	from	from	ADP
cjfa-28098	348	4	stakeholder	stakeholder	NOUN
cjfa-28098	348	5	leaned	lean	VERB
cjfa-28098	348	6	system	system	NOUN
cjfa-28098	348	7	are	be	AUX
cjfa-28098	348	8	reframed	reframe	VERB
cjfa-28098	348	9	with	with	ADP
cjfa-28098	348	10	latest	late	ADJ
cjfa-28098	348	11	aspects	aspect	NOUN
cjfa-28098	348	12	of	of	ADP
cjfa-28098	348	13	equityholder	equityholder	NOUN
cjfa-28098	348	14	leaned	lean	VERB
cjfa-28098	348	15	models	model	NOUN
cjfa-28098	348	16	such	such	ADJ
cjfa-28098	348	17	as	as	ADP
cjfa-28098	348	18	comprehensibility	comprehensibility	NOUN
cjfa-28098	348	19	and	and	CCONJ
cjfa-28098	348	20	precision	precision	NOUN
cjfa-28098	348	21	.	.	PUNCT
cjfa-28098	349	1	(	(	PUNCT
cjfa-28098	349	2	aoki	aoki	PROPN
cjfa-28098	349	3	,	,	PUNCT
cjfa-28098	349	4	jackson	jackson	PROPN
cjfa-28098	349	5	&	&	CCONJ
cjfa-28098	349	6	miyajima	miyajima	PROPN
cjfa-28098	349	7	,	,	PUNCT
cjfa-28098	349	8	2005	2005	NUM
cjfa-28098	349	9	)	)	PUNCT
cjfa-28098	349	10	argues	argue	VERB
cjfa-28098	349	11	that	that	SCONJ
cjfa-28098	349	12	contradictory	contradictory	ADJ
cjfa-28098	349	13	views	view	NOUN
cjfa-28098	349	14	,	,	PUNCT
cjfa-28098	349	15	such	such	ADJ
cjfa-28098	349	16	as	as	ADP
cjfa-28098	349	17	shareholder	shareholder	NOUN
cjfa-28098	349	18	and	and	CCONJ
cjfa-28098	349	19	stakeholder	stakeholder	NOUN
cjfa-28098	349	20	focused	focus	VERB
cjfa-28098	349	21	cg	cg	NOUN
cjfa-28098	349	22	,	,	PUNCT
cjfa-28098	349	23	might	might	AUX
cjfa-28098	349	24	help	help	VERB
cjfa-28098	349	25	to	to	PART
cjfa-28098	349	26	create	create	VERB
cjfa-28098	349	27	an	an	DET
cjfa-28098	349	28	equilibrium	equilibrium	NOUN
cjfa-28098	349	29	or	or	CCONJ
cjfa-28098	349	30	complement	complement	VERB
cjfa-28098	349	31	each	each	DET
cjfa-28098	349	32	other	other	ADJ
cjfa-28098	349	33	such	such	ADJ
cjfa-28098	349	34	as	as	ADP
cjfa-28098	349	35	happening	happen	VERB
cjfa-28098	349	36	in	in	ADP
cjfa-28098	349	37	germany	germany	PROPN
cjfa-28098	349	38	and	and	CCONJ
cjfa-28098	349	39	japan	japan	PROPN
cjfa-28098	349	40	.	.	PUNCT
cjfa-28098	350	1	global	global	ADJ
cjfa-28098	350	2	standards	standard	NOUN
cjfa-28098	350	3	are	be	AUX
cjfa-28098	350	4	also	also	ADV
cjfa-28098	350	5	playing	play	VERB
cjfa-28098	350	6	a	a	DET
cjfa-28098	350	7	major	major	ADJ
cjfa-28098	350	8	role	role	NOUN
cjfa-28098	350	9	in	in	ADP
cjfa-28098	350	10	the	the	DET
cjfa-28098	350	11	recent	recent	ADJ
cjfa-28098	350	12	convergence	convergence	NOUN
cjfa-28098	350	13	of	of	ADP
cjfa-28098	350	14	cg	cg	NOUN
cjfa-28098	350	15	,	,	PUNCT
cjfa-28098	350	16	such	such	ADJ
cjfa-28098	350	17	as	as	ADP
cjfa-28098	350	18	international	international	ADJ
cjfa-28098	350	19	accounting	accounting	NOUN
cjfa-28098	350	20	standards	standard	NOUN
cjfa-28098	350	21	(	(	PUNCT
cjfa-28098	350	22	ias	ias	PROPN
cjfa-28098	350	23	/	/	SYM
cjfa-28098	350	24	ifrs	ifrs	PROPN
cjfa-28098	350	25	)	)	PUNCT
cjfa-28098	350	26	,	,	PUNCT
cjfa-28098	350	27	us	us	PROPN
cjfa-28098	350	28	sarbanes	sarbanes	PROPN
cjfa-28098	350	29	-	-	PUNCT
cjfa-28098	350	30	oxley	oxley	ADJ
cjfa-28098	350	31	act	act	NOUN
cjfa-28098	350	32	and	and	CCONJ
cjfa-28098	350	33	oecd	oecd	PROPN
cjfa-28098	350	34	principles	principle	NOUN
cjfa-28098	350	35	.	.	PUNCT
cjfa-28098	351	1	the	the	DET
cjfa-28098	351	2	oecd	oecd	PROPN
cjfa-28098	351	3	principles	principle	NOUN
cjfa-28098	351	4	have	have	AUX
cjfa-28098	351	5	been	be	AUX
cjfa-28098	351	6	initially	initially	ADV
cjfa-28098	351	7	accepted	accept	VERB
cjfa-28098	351	8	by	by	ADP
cjfa-28098	351	9	30	30	NUM
cjfa-28098	351	10	-	-	PUNCT
cjfa-28098	351	11	member	member	NOUN
cjfa-28098	351	12	nations	nation	NOUN
cjfa-28098	351	13	and	and	CCONJ
cjfa-28098	351	14	proved	prove	VERB
cjfa-28098	351	15	to	to	PART
cjfa-28098	351	16	be	be	AUX
cjfa-28098	351	17	a	a	DET
cjfa-28098	351	18	global	global	ADJ
cjfa-28098	351	19	standard	standard	NOUN
cjfa-28098	351	20	for	for	ADP
cjfa-28098	351	21	cg	cg	NOUN
cjfa-28098	351	22	(	(	PUNCT
cjfa-28098	351	23	jesover	jesover	PROPN
cjfa-28098	351	24	&	&	CCONJ
cjfa-28098	351	25	kirkpatrick	kirkpatrick	PROPN
cjfa-28098	351	26	,	,	PUNCT
cjfa-28098	351	27	2005	2005	NUM
cjfa-28098	351	28	)	)	PUNCT
cjfa-28098	351	29	and	and	CCONJ
cjfa-28098	351	30	providing	provide	VERB
cjfa-28098	351	31	a	a	DET
cjfa-28098	351	32	precise	precise	ADJ
cjfa-28098	351	33	direction	direction	NOUN
cjfa-28098	351	34	for	for	ADP
cjfa-28098	351	35	strategy	strategy	NOUN
cjfa-28098	351	36	formulation	formulation	NOUN
cjfa-28098	351	37	.	.	PUNCT
cjfa-28098	352	1	continuing	continue	VERB
cjfa-28098	352	2	arguments	argument	NOUN
cjfa-28098	352	3	relating	relate	VERB
cjfa-28098	352	4	to	to	ADP
cjfa-28098	352	5	shareholders	shareholder	NOUN
cjfa-28098	352	6	vs	vs	ADP
cjfa-28098	352	7	stahekolders	stahekolder	NOUN
cjfa-28098	352	8	cg	cg	NOUN
cjfa-28098	352	9	approach	approach	NOUN
cjfa-28098	352	10	arguments	argument	NOUN
cjfa-28098	352	11	concerning	concern	VERB
cjfa-28098	352	12	the	the	DET
cjfa-28098	352	13	comparative	comparative	ADJ
cjfa-28098	352	14	advantages	advantage	NOUN
cjfa-28098	352	15	of	of	ADP
cjfa-28098	352	16	the	the	DET
cjfa-28098	352	17	stakeholder	stakeholder	NOUN
cjfa-28098	352	18	and	and	CCONJ
cjfa-28098	352	19	shareholder	shareholder	NOUN
cjfa-28098	352	20	oriented	orient	VERB
cjfa-28098	352	21	cg	cg	NOUN
cjfa-28098	352	22	model	model	NOUN
cjfa-28098	352	23	remain	remain	VERB
cjfa-28098	352	24	a	a	DET
cjfa-28098	352	25	popular	popular	ADJ
cjfa-28098	352	26	research	research	NOUN
cjfa-28098	352	27	topic	topic	NOUN
cjfa-28098	352	28	for	for	ADP
cjfa-28098	352	29	the	the	DET
cjfa-28098	352	30	researchers	researcher	NOUN
cjfa-28098	352	31	.	.	PUNCT
cjfa-28098	353	1	one	one	NUM
cjfa-28098	353	2	the	the	DET
cjfa-28098	353	3	one	one	NUM
cjfa-28098	353	4	side	side	NOUN
cjfa-28098	353	5	academicians	academician	NOUN
cjfa-28098	353	6	and	and	CCONJ
cjfa-28098	353	7	researchers	researcher	NOUN
cjfa-28098	353	8	have	have	AUX
cjfa-28098	353	9	negatively	negatively	ADV
cjfa-28098	353	10	characterized	characterize	VERB
cjfa-28098	353	11	stakeholder	stakeholder	NOUN
cjfa-28098	353	12	governance	governance	NOUN
cjfa-28098	353	13	model	model	NOUN
cjfa-28098	353	14	on	on	ADP
cjfa-28098	353	15	several	several	ADJ
cjfa-28098	353	16	points	point	NOUN
cjfa-28098	353	17	such	such	ADJ
cjfa-28098	353	18	as	as	ADP
cjfa-28098	353	19	the	the	DET
cjfa-28098	353	20	existence	existence	NOUN
cjfa-28098	353	21	of	of	ADP
cjfa-28098	353	22	the	the	DET
cjfa-28098	353	23	large	large	ADJ
cjfa-28098	353	24	number	number	NOUN
cjfa-28098	353	25	stakeholders	stakeholder	NOUN
cjfa-28098	353	26	(	(	PUNCT
cjfa-28098	353	27	jensen	jensen	PROPN
cjfa-28098	353	28	,	,	PUNCT
cjfa-28098	353	29	2001	2001	NUM
cjfa-28098	353	30	)	)	PUNCT
cjfa-28098	353	31	,	,	PUNCT
cjfa-28098	353	32	insignificant	insignificant	ADJ
cjfa-28098	353	33	contribution	contribution	NOUN
cjfa-28098	353	34	(	(	PUNCT
cjfa-28098	353	35	becht	becht	NOUN
cjfa-28098	353	36	,	,	PUNCT
cjfa-28098	353	37	bolton	bolton	PROPN
cjfa-28098	353	38	&	&	CCONJ
cjfa-28098	353	39	röell	röell	PROPN
cjfa-28098	353	40	,	,	PUNCT
cjfa-28098	353	41	2003	2003	NUM
cjfa-28098	353	42	)	)	PUNCT
cjfa-28098	353	43	too	too	ADV
cjfa-28098	353	44	much	much	ADJ
cjfa-28098	353	45	consideration	consideration	NOUN
cjfa-28098	353	46	may	may	AUX
cjfa-28098	353	47	cause	cause	VERB
cjfa-28098	353	48	delayed	delay	VERB
cjfa-28098	353	49	decision	decision	NOUN
cjfa-28098	353	50	making	making	NOUN
cjfa-28098	353	51	(	(	PUNCT
cjfa-28098	353	52	letza	letza	VERB
cjfa-28098	353	53	et	et	PROPN
cjfa-28098	353	54	al	al	PROPN
cjfa-28098	353	55	.	.	PROPN
cjfa-28098	353	56	,	,	PUNCT
cjfa-28098	353	57	2004	2004	NUM
cjfa-28098	353	58	)	)	PUNCT
cjfa-28098	353	59	and	and	CCONJ
cjfa-28098	353	60	not	not	PART
cjfa-28098	353	61	having	have	VERB
cjfa-28098	353	62	a	a	DET
cjfa-28098	353	63	sole	sole	ADJ
cjfa-28098	353	64	purpose	purpose	NOUN
cjfa-28098	353	65	tasks	task	NOUN
cjfa-28098	353	66	could	could	AUX
cjfa-28098	353	67	weaken	weaken	VERB
cjfa-28098	353	68	administrative	administrative	ADJ
cjfa-28098	353	69	accountability	accountability	NOUN
cjfa-28098	353	70	(	(	PUNCT
cjfa-28098	353	71	de	de	X
cjfa-28098	353	72	langen	langen	PROPN
cjfa-28098	353	73	,	,	PUNCT
cjfa-28098	353	74	2006	2006	NUM
cjfa-28098	353	75	)	)	PUNCT
cjfa-28098	353	76	.	.	PUNCT
cjfa-28098	354	1	however	however	ADV
cjfa-28098	354	2	,	,	PUNCT
cjfa-28098	354	3	several	several	ADJ
cjfa-28098	354	4	researchers	researcher	NOUN
cjfa-28098	354	5	have	have	AUX
cjfa-28098	354	6	argued	argue	VERB
cjfa-28098	354	7	that	that	SCONJ
cjfa-28098	354	8	,	,	PUNCT
cjfa-28098	354	9	shareholder	shareholder	NOUN
cjfa-28098	354	10	wealth	wealth	NOUN
cjfa-28098	354	11	has	have	AUX
cjfa-28098	354	12	already	already	ADV
cjfa-28098	354	13	been	be	AUX
cjfa-28098	354	14	considered	consider	VERB
cjfa-28098	354	15	atm	atm	PROPN
cjfa-28098	354	16	adnan	adnan	PROPN
cjfa-28098	354	17	,	,	PUNCT
cjfa-28098	354	18	nisar	nisar	PROPN
cjfa-28098	354	19	ahmed34	ahmed34	NOUN
cjfa-28098	354	20	stakeholder	stakeholder	NOUN
cjfa-28098	354	21	governance	governance	NOUN
cjfa-28098	354	22	model	model	NOUN
cjfa-28098	354	23	specifically	specifically	ADV
cjfa-28098	354	24	termed	term	VERB
cjfa-28098	354	25	as	as	ADP
cjfa-28098	354	26	“	"	PUNCT
cjfa-28098	354	27	instrumental	instrumental	ADJ
cjfa-28098	354	28	stakeholder	stakeholder	NOUN
cjfa-28098	354	29	theory	theory	NOUN
cjfa-28098	354	30	”	"	PUNCT
cjfa-28098	354	31	(	(	PUNCT
cjfa-28098	354	32	jones	jones	PROPN
cjfa-28098	354	33	,	,	PUNCT
cjfa-28098	354	34	1995	1995	NUM
cjfa-28098	354	35	)	)	PUNCT
cjfa-28098	354	36	or	or	CCONJ
cjfa-28098	354	37	“	"	PUNCT
cjfa-28098	354	38	strategic	strategic	ADJ
cjfa-28098	354	39	csr	csr	NOUN
cjfa-28098	354	40	”	"	PUNCT
cjfa-28098	354	41	(	(	PUNCT
cjfa-28098	354	42	campbell	campbell	PROPN
cjfa-28098	354	43	,	,	PUNCT
cjfa-28098	354	44	2007	2007	NUM
cjfa-28098	354	45	)	)	PUNCT
cjfa-28098	354	46	.	.	PUNCT
cjfa-28098	355	1	with	with	ADP
cjfa-28098	355	2	minor	minor	ADJ
cjfa-28098	355	3	differences	difference	NOUN
cjfa-28098	355	4	,	,	PUNCT
cjfa-28098	355	5	these	these	DET
cjfa-28098	355	6	viewpoints	viewpoint	NOUN
cjfa-28098	355	7	suggested	suggest	VERB
cjfa-28098	355	8	that	that	SCONJ
cjfa-28098	355	9	fulfilling	fulfil	VERB
cjfa-28098	355	10	stakeholder	stakeholder	NOUN
cjfa-28098	355	11	’s	’s	PART
cjfa-28098	355	12	interest	interest	NOUN
cjfa-28098	355	13	/	/	SYM
cjfa-28098	355	14	welfare	welfare	NOUN
cjfa-28098	355	15	is	be	AUX
cjfa-28098	355	16	ethically	ethically	ADV
cjfa-28098	355	17	acceptable	acceptable	ADJ
cjfa-28098	355	18	and	and	CCONJ
cjfa-28098	355	19	build	build	VERB
cjfa-28098	355	20	greater	great	ADJ
cjfa-28098	355	21	corporate	corporate	ADJ
cjfa-28098	355	22	wisdom	wisdom	NOUN
cjfa-28098	355	23	,	,	PUNCT
cjfa-28098	355	24	although	although	SCONJ
cjfa-28098	355	25	the	the	DET
cjfa-28098	355	26	most	most	ADV
cjfa-28098	355	27	important	important	ADJ
cjfa-28098	355	28	task	task	NOUN
cjfa-28098	355	29	of	of	ADP
cjfa-28098	355	30	operating	operate	VERB
cjfa-28098	355	31	the	the	DET
cjfa-28098	355	32	firms	firm	NOUN
cjfa-28098	355	33	should	should	AUX
cjfa-28098	355	34	be	be	AUX
cjfa-28098	355	35	given	give	VERB
cjfa-28098	355	36	to	to	ADP
cjfa-28098	355	37	executives	executive	NOUN
cjfa-28098	355	38	and	and	CCONJ
cjfa-28098	355	39	they	they	PRON
cjfa-28098	355	40	must	must	AUX
cjfa-28098	355	41	take	take	VERB
cjfa-28098	355	42	into	into	ADP
cjfa-28098	355	43	consideration	consideration	NOUN
cjfa-28098	355	44	stakeholders	stakeholder	NOUN
cjfa-28098	355	45	only	only	ADV
cjfa-28098	355	46	to	to	PART
cjfa-28098	355	47	maximize	maximize	VERB
cjfa-28098	355	48	the	the	DET
cjfa-28098	355	49	shareholders	shareholder	NOUN
cjfa-28098	355	50	long	long	ADJ
cjfa-28098	355	51	term	term	NOUN
cjfa-28098	355	52	value	value	NOUN
cjfa-28098	355	53	generation	generation	NOUN
cjfa-28098	355	54	(	(	PUNCT
cjfa-28098	355	55	vinten	vinten	ADJ
cjfa-28098	355	56	,	,	PUNCT
cjfa-28098	355	57	2001	2001	NUM
cjfa-28098	355	58	;	;	PUNCT
cjfa-28098	355	59	ntim	ntim	NOUN
cjfa-28098	355	60	,	,	PUNCT
cjfa-28098	355	61	opong	opong	PROPN
cjfa-28098	355	62	&	&	CCONJ
cjfa-28098	355	63	dambolt	dambolt	PROPN
cjfa-28098	355	64	,	,	PUNCT
cjfa-28098	355	65	2012	2012	NUM
cjfa-28098	355	66	;	;	PUNCT
cjfa-28098	355	67	ho	ho	PROPN
cjfa-28098	355	68	,	,	PUNCT
cjfa-28098	355	69	2010	2010	NUM
cjfa-28098	355	70	)	)	PUNCT
cjfa-28098	355	71	.	.	PUNCT
cjfa-28098	355	72	 	 	SPACE
cjfa-28098	356	1	conclusion	conclusion	NOUN
cjfa-28098	356	2	this	this	DET
cjfa-28098	356	3	study	study	NOUN
cjfa-28098	356	4	comprehensively	comprehensively	ADV
cjfa-28098	356	5	reviews	review	VERB
cjfa-28098	356	6	prominent	prominent	ADJ
cjfa-28098	356	7	literatures	literature	NOUN
cjfa-28098	356	8	to	to	PART
cjfa-28098	356	9	describe	describe	VERB
cjfa-28098	356	10	the	the	DET
cjfa-28098	356	11	idea	idea	NOUN
cjfa-28098	356	12	of	of	ADP
cjfa-28098	356	13	corporate	corporate	ADJ
cjfa-28098	356	14	governance	governance	NOUN
cjfa-28098	356	15	(	(	PUNCT
cjfa-28098	356	16	cg	cg	NOUN
cjfa-28098	356	17	)	)	PUNCT
cjfa-28098	356	18	framework	framework	NOUN
cjfa-28098	356	19	,	,	PUNCT
cjfa-28098	356	20	the	the	DET
cjfa-28098	356	21	underlining	underlining	ADJ
cjfa-28098	356	22	explanations	explanation	NOUN
cjfa-28098	356	23	for	for	ADP
cjfa-28098	356	24	the	the	DET
cjfa-28098	356	25	cg	cg	NOUN
cjfa-28098	356	26	challenges	challenge	NOUN
cjfa-28098	356	27	and	and	CCONJ
cjfa-28098	356	28	the	the	DET
cjfa-28098	356	29	confirmation	confirmation	NOUN
cjfa-28098	356	30	of	of	ADP
cjfa-28098	356	31	the	the	DET
cjfa-28098	356	32	presence	presence	NOUN
cjfa-28098	356	33	of	of	ADP
cjfa-28098	356	34	unresolved	unresolved	ADJ
cjfa-28098	356	35	agency	agency	NOUN
cjfa-28098	356	36	problems	problem	NOUN
cjfa-28098	356	37	in	in	ADP
cjfa-28098	356	38	firms	firm	NOUN
cjfa-28098	356	39	.	.	PUNCT
cjfa-28098	357	1	some	some	DET
cjfa-28098	357	2	key	key	ADJ
cjfa-28098	357	3	conclusive	conclusive	ADJ
cjfa-28098	357	4	remarks	remark	NOUN
cjfa-28098	357	5	are	be	AUX
cjfa-28098	357	6	that	that	SCONJ
cjfa-28098	357	7	,	,	PUNCT
cjfa-28098	357	8	agency	agency	NOUN
cjfa-28098	357	9	problem	problem	NOUN
cjfa-28098	357	10	is	be	AUX
cjfa-28098	357	11	still	still	ADV
cjfa-28098	357	12	dominantly	dominantly	ADV
cjfa-28098	357	13	exists	exist	VERB
cjfa-28098	357	14	in	in	ADP
cjfa-28098	357	15	corporations	corporation	NOUN
cjfa-28098	357	16	and	and	CCONJ
cjfa-28098	357	17	instruments	instrument	NOUN
cjfa-28098	357	18	for	for	ADP
cjfa-28098	357	19	containing	contain	VERB
cjfa-28098	357	20	the	the	DET
cjfa-28098	357	21	significance	significance	NOUN
cjfa-28098	357	22	of	of	ADP
cjfa-28098	357	23	the	the	DET
cjfa-28098	357	24	costs	cost	NOUN
cjfa-28098	357	25	associated	associate	VERB
cjfa-28098	357	26	to	to	ADP
cjfa-28098	357	27	agency	agency	NOUN
cjfa-28098	357	28	issue	issue	NOUN
cjfa-28098	357	29	are	be	AUX
cjfa-28098	357	30	accessible	accessible	ADJ
cjfa-28098	357	31	and	and	CCONJ
cjfa-28098	357	32	comprise	comprise	VERB
cjfa-28098	357	33	of	of	ADP
cjfa-28098	357	34	several	several	ADJ
cjfa-28098	357	35	external	external	ADJ
cjfa-28098	357	36	/	/	SYM
cjfa-28098	357	37	macro	macro	ADJ
cjfa-28098	357	38	level	level	NOUN
cjfa-28098	357	39	and	and	CCONJ
cjfa-28098	357	40	firm	firm	ADJ
cjfa-28098	357	41	specific	specific	ADJ
cjfa-28098	357	42	internal	internal	ADJ
cjfa-28098	357	43	controlling	controlling	NOUN
cjfa-28098	357	44	instruments	instrument	NOUN
cjfa-28098	357	45	.	.	PUNCT
cjfa-28098	358	1	it	it	PRON
cjfa-28098	358	2	is	be	AUX
cjfa-28098	358	3	noted	note	VERB
cjfa-28098	358	4	that	that	SCONJ
cjfa-28098	358	5	because	because	SCONJ
cjfa-28098	358	6	of	of	ADP
cjfa-28098	358	7	the	the	DET
cjfa-28098	358	8	limitations	limitation	NOUN
cjfa-28098	358	9	in	in	ADP
cjfa-28098	358	10	existing	exist	VERB
cjfa-28098	358	11	significant	significant	ADJ
cjfa-28098	358	12	hypothetical	hypothetical	ADJ
cjfa-28098	358	13	and	and	CCONJ
cjfa-28098	358	14	functional	functional	ADJ
cjfa-28098	358	15	inadequacies	inadequacy	NOUN
cjfa-28098	358	16	,	,	PUNCT
cjfa-28098	358	17	external	external	ADJ
cjfa-28098	358	18	controlling	controlling	NOUN
cjfa-28098	358	19	mechanism	mechanism	NOUN
cjfa-28098	358	20	such	such	ADJ
cjfa-28098	358	21	as	as	ADP
cjfa-28098	358	22	hostile	hostile	ADJ
cjfa-28098	358	23	acquisition	acquisition	NOUN
cjfa-28098	358	24	threat	threat	NOUN
cjfa-28098	358	25	,	,	PUNCT
cjfa-28098	358	26	and	and	CCONJ
cjfa-28098	358	27	market	market	NOUN
cjfa-28098	358	28	for	for	ADP
cjfa-28098	358	29	managers	manager	NOUN
cjfa-28098	358	30	and	and	CCONJ
cjfa-28098	358	31	directors	director	NOUN
cjfa-28098	358	32	,	,	PUNCT
cjfa-28098	358	33	managerial	managerial	ADJ
cjfa-28098	358	34	reputation	reputation	NOUN
cjfa-28098	358	35	,	,	PUNCT
cjfa-28098	358	36	capital	capital	NOUN
cjfa-28098	358	37	market	market	NOUN
cjfa-28098	358	38	observation	observation	NOUN
cjfa-28098	358	39	,	,	PUNCT
cjfa-28098	358	40	market	market	NOUN
cjfa-28098	358	41	analyst	analyst	NOUN
cjfa-28098	358	42	and	and	CCONJ
cjfa-28098	358	43	institutional	institutional	ADJ
cjfa-28098	358	44	investors	investor	NOUN
cjfa-28098	358	45	might	might	AUX
cjfa-28098	358	46	not	not	PART
cjfa-28098	358	47	be	be	AUX
cjfa-28098	358	48	able	able	ADJ
cjfa-28098	358	49	to	to	PART
cjfa-28098	358	50	solely	solely	ADV
cjfa-28098	358	51	resolve	resolve	VERB
cjfa-28098	358	52	the	the	DET
cjfa-28098	358	53	cg	cg	NOUN
cjfa-28098	358	54	challenge	challenge	NOUN
cjfa-28098	358	55	,	,	PUNCT
cjfa-28098	358	56	even	even	ADV
cjfa-28098	358	57	though	though	SCONJ
cjfa-28098	358	58	these	these	PRON
cjfa-28098	358	59	could	could	AUX
cjfa-28098	358	60	be	be	AUX
cjfa-28098	358	61	significantly	significantly	ADV
cjfa-28098	358	62	successful	successful	ADJ
cjfa-28098	358	63	in	in	ADP
cjfa-28098	358	64	some	some	DET
cjfa-28098	358	65	specific	specific	ADJ
cjfa-28098	358	66	situations	situation	NOUN
cjfa-28098	358	67	.	.	PUNCT
cjfa-28098	359	1	thus	thus	ADV
cjfa-28098	359	2	,	,	PUNCT
cjfa-28098	359	3	corporations	corporation	NOUN
cjfa-28098	359	4	have	have	VERB
cjfa-28098	359	5	to	to	PART
cjfa-28098	359	6	implement	implement	VERB
cjfa-28098	359	7	balancing	balance	VERB
cjfa-28098	359	8	internal	internal	ADJ
cjfa-28098	359	9	firm	firm	ADJ
cjfa-28098	359	10	specific	specific	ADJ
cjfa-28098	359	11	controlling	control	VERB
cjfa-28098	359	12	mechanism	mechanism	NOUN
cjfa-28098	359	13	to	to	PART
cjfa-28098	359	14	reduce	reduce	VERB
cjfa-28098	359	15	the	the	DET
cjfa-28098	359	16	overall	overall	ADJ
cjfa-28098	359	17	costs	cost	NOUN
cjfa-28098	359	18	associated	associate	VERB
cjfa-28098	359	19	to	to	ADP
cjfa-28098	359	20	agency	agency	NOUN
cjfa-28098	359	21	problem	problem	NOUN
cjfa-28098	359	22	.	.	PUNCT
cjfa-28098	360	1	this	this	DET
cjfa-28098	360	2	internal	internal	ADJ
cjfa-28098	360	3	mechanism	mechanism	NOUN
cjfa-28098	360	4	consists	consist	VERB
cjfa-28098	360	5	of	of	ADP
cjfa-28098	360	6	the	the	DET
cjfa-28098	360	7	board	board	NOUN
cjfa-28098	360	8	structure	structure	NOUN
cjfa-28098	360	9	,	,	PUNCT
cjfa-28098	360	10	managerial	managerial	ADJ
cjfa-28098	360	11	ownership	ownership	NOUN
cjfa-28098	360	12	/	/	SYM
cjfa-28098	360	13	investment	investment	NOUN
cjfa-28098	360	14	,	,	PUNCT
cjfa-28098	360	15	executive	executive	NOUN
cjfa-28098	360	16	’s	’s	PART
cjfa-28098	360	17	compensation	compensation	NOUN
cjfa-28098	360	18	policy	policy	NOUN
cjfa-28098	360	19	,	,	PUNCT
cjfa-28098	360	20	debt	debt	NOUN
cjfa-28098	360	21	covenant	covenant	NOUN
cjfa-28098	360	22	/	/	SYM
cjfa-28098	360	23	leverage	leverage	NOUN
cjfa-28098	360	24	,	,	PUNCT
cjfa-28098	360	25	capital	capital	NOUN
cjfa-28098	360	26	structure	structure	NOUN
cjfa-28098	360	27	,	,	PUNCT
cjfa-28098	360	28	dividend	dividend	NOUN
cjfa-28098	360	29	policy	policy	NOUN
cjfa-28098	360	30	and	and	CCONJ
cjfa-28098	360	31	corporate	corporate	ADJ
cjfa-28098	360	32	by	by	ADP
cjfa-28098	360	33	-	-	PUNCT
cjfa-28098	360	34	laws	law	NOUN
cjfa-28098	360	35	and	and	CCONJ
cjfa-28098	360	36	strategies	strategy	NOUN
cjfa-28098	360	37	.	.	PUNCT
cjfa-28098	361	1	in	in	ADP
cjfa-28098	361	2	consistent	consistent	ADJ
cjfa-28098	361	3	with	with	ADP
cjfa-28098	361	4	that	that	DET
cjfa-28098	361	5	findings	finding	NOUN
cjfa-28098	361	6	,	,	PUNCT
cjfa-28098	361	7	a	a	DET
cjfa-28098	361	8	considerable	considerable	ADJ
cjfa-28098	361	9	number	number	NOUN
cjfa-28098	361	10	of	of	ADP
cjfa-28098	361	11	researches	research	NOUN
cjfa-28098	361	12	have	have	AUX
cjfa-28098	361	13	been	be	AUX
cjfa-28098	361	14	carried	carry	VERB
cjfa-28098	361	15	out	out	ADP
cjfa-28098	361	16	identifying	identify	VERB
cjfa-28098	361	17	the	the	DET
cjfa-28098	361	18	compound	compound	NOUN
cjfa-28098	361	19	nature	nature	NOUN
cjfa-28098	361	20	of	of	ADP
cjfa-28098	361	21	most	most	ADJ
cjfa-28098	361	22	of	of	ADP
cjfa-28098	361	23	the	the	DET
cjfa-28098	361	24	cg	cg	NOUN
cjfa-28098	361	25	system	system	NOUN
cjfa-28098	361	26	in	in	ADP
cjfa-28098	361	27	corporate	corporate	ADJ
cjfa-28098	361	28	practice	practice	NOUN
cjfa-28098	361	29	,	,	PUNCT
cjfa-28098	361	30	signifying	signify	VERB
cjfa-28098	361	31	that	that	SCONJ
cjfa-28098	361	32	singular	singular	PROPN
cjfa-28098	361	33	instrument	instrument	NOUN
cjfa-28098	361	34	based	base	VERB
cjfa-28098	361	35	controlling	control	VERB
cjfa-28098	361	36	mechanism	mechanism	NOUN
cjfa-28098	361	37	of	of	ADP
cjfa-28098	361	38	cg	cg	NOUN
cjfa-28098	361	39	might	might	AUX
cjfa-28098	361	40	not	not	PART
cjfa-28098	361	41	be	be	AUX
cjfa-28098	361	42	effective	effective	ADJ
cjfa-28098	361	43	and	and	CCONJ
cjfa-28098	361	44	reasonable	reasonable	ADJ
cjfa-28098	361	45	.	.	PUNCT
cjfa-28098	362	1	moreover	moreover	ADV
cjfa-28098	362	2	,	,	PUNCT
cjfa-28098	362	3	this	this	DET
cjfa-28098	362	4	study	study	NOUN
cjfa-28098	362	5	tries	try	VERB
cjfa-28098	362	6	to	to	PART
cjfa-28098	362	7	analyze	analyze	VERB
cjfa-28098	362	8	the	the	DET
cjfa-28098	362	9	contemporary	contemporary	ADJ
cjfa-28098	362	10	shift	shift	NOUN
cjfa-28098	362	11	in	in	ADP
cjfa-28098	362	12	the	the	DET
cjfa-28098	362	13	perception	perception	NOUN
cjfa-28098	362	14	of	of	ADP
cjfa-28098	362	15	corporations	corporation	NOUN
cjfa-28098	362	16	from	from	ADP
cjfa-28098	362	17	the	the	DET
cjfa-28098	362	18	shareholders	shareholder	NOUN
cjfa-28098	362	19	wealth	wealth	NOUN
cjfa-28098	362	20	maximization	maximization	NOUN
cjfa-28098	362	21	to	to	PART
cjfa-28098	362	22	stakeholder	stakeholder	VERB
cjfa-28098	362	23	’s	’s	PART
cjfa-28098	362	24	valuation	valuation	NOUN
cjfa-28098	362	25	.	.	PUNCT
cjfa-28098	363	1	it	it	PRON
cjfa-28098	363	2	has	have	AUX
cjfa-28098	363	3	been	be	AUX
cjfa-28098	363	4	noticed	notice	VERB
cjfa-28098	363	5	that	that	SCONJ
cjfa-28098	363	6	investigating	investigate	VERB
cjfa-28098	363	7	cross	cross	NOUN
cjfa-28098	363	8	country	country	NOUN
cjfa-28098	363	9	and	and	CCONJ
cjfa-28098	363	10	firm	firm	NOUN
cjfa-28098	363	11	-	-	PUNCT
cjfa-28098	363	12	based	base	VERB
cjfa-28098	363	13	variances	variance	NOUN
cjfa-28098	363	14	in	in	ADP
cjfa-28098	363	15	wealth	wealth	NOUN
cjfa-28098	363	16	distribution	distribution	NOUN
cjfa-28098	363	17	between	between	ADP
cjfa-28098	363	18	diverse	diverse	ADJ
cjfa-28098	363	19	interest	interest	NOUN
cjfa-28098	363	20	groups	group	NOUN
cjfa-28098	363	21	is	be	AUX
cjfa-28098	363	22	likely	likely	ADJ
cjfa-28098	363	23	to	to	PART
cjfa-28098	363	24	continue	continue	VERB
cjfa-28098	363	25	as	as	ADP
cjfa-28098	363	26	major	major	ADJ
cjfa-28098	363	27	focus	focus	NOUN
cjfa-28098	363	28	for	for	ADP
cjfa-28098	363	29	cg	cg	NOUN
cjfa-28098	363	30	study	study	NOUN
cjfa-28098	363	31	.	.	PUNCT
cjfa-28098	364	1	it	it	PRON
cjfa-28098	364	2	has	have	VERB
cjfa-28098	364	3	the	the	DET
cjfa-28098	364	4	transformation	transformation	NOUN
cjfa-28098	364	5	of	of	ADP
cjfa-28098	364	6	the	the	DET
cjfa-28098	364	7	corporate	corporate	ADJ
cjfa-28098	364	8	governance	governance	NOUN
cjfa-28098	364	9	model	model	NOUN
cjfa-28098	364	10	…	…	PUNCT
cjfa-28098	364	11	35	35	NUM
cjfa-28098	364	12	been	be	AUX
cjfa-28098	364	13	experienced	experience	VERB
cjfa-28098	364	14	that	that	SCONJ
cjfa-28098	364	15	the	the	DET
cjfa-28098	364	16	nature	nature	NOUN
cjfa-28098	364	17	of	of	ADP
cjfa-28098	364	18	the	the	DET
cjfa-28098	364	19	corporation	corporation	NOUN
cjfa-28098	364	20	is	be	AUX
cjfa-28098	364	21	changing	change	VERB
cjfa-28098	364	22	around	around	ADP
cjfa-28098	364	23	the	the	DET
cjfa-28098	364	24	globe	globe	NOUN
cjfa-28098	364	25	(	(	PUNCT
cjfa-28098	364	26	zingales	zingale	NOUN
cjfa-28098	364	27	,	,	PUNCT
cjfa-28098	364	28	2000	2000	NUM
cjfa-28098	364	29	)	)	PUNCT
cjfa-28098	364	30	,	,	PUNCT
cjfa-28098	364	31	big	big	ADJ
cjfa-28098	364	32	multinationals	multinational	NOUN
cjfa-28098	364	33	have	have	AUX
cjfa-28098	364	34	been	be	AUX
cjfa-28098	364	35	splitting	split	VERB
cjfa-28098	364	36	into	into	ADP
cjfa-28098	364	37	smaller	small	ADJ
cjfa-28098	364	38	liberated	liberated	ADJ
cjfa-28098	364	39	corporation	corporation	NOUN
cjfa-28098	364	40	,	,	PUNCT
cjfa-28098	364	41	access	access	NOUN
cjfa-28098	364	42	to	to	ADP
cjfa-28098	364	43	capital	capital	NOUN
cjfa-28098	364	44	market	market	NOUN
cjfa-28098	364	45	is	be	AUX
cjfa-28098	364	46	become	become	VERB
cjfa-28098	364	47	easier	easy	ADJ
cjfa-28098	364	48	and	and	CCONJ
cjfa-28098	364	49	physical	physical	ADJ
cjfa-28098	364	50	resources	resource	NOUN
cjfa-28098	364	51	are	be	AUX
cjfa-28098	364	52	easily	easily	ADV
cjfa-28098	364	53	replaceable	replaceable	ADJ
cjfa-28098	364	54	and	and	CCONJ
cjfa-28098	364	55	less	less	ADV
cjfa-28098	364	56	exclusive	exclusive	ADJ
cjfa-28098	364	57	to	to	ADP
cjfa-28098	364	58	business	business	NOUN
cjfa-28098	364	59	strategy	strategy	NOUN
cjfa-28098	364	60	therefore	therefore	ADV
cjfa-28098	364	61	the	the	DET
cjfa-28098	364	62	human	human	ADJ
cjfa-28098	364	63	resources	resource	NOUN
cjfa-28098	364	64	turn	turn	VERB
cjfa-28098	364	65	into	into	ADP
cjfa-28098	364	66	significantly	significantly	ADV
cjfa-28098	364	67	important	important	ADJ
cjfa-28098	364	68	means	mean	NOUN
cjfa-28098	364	69	to	to	ADP
cjfa-28098	364	70	a	a	DET
cjfa-28098	364	71	corporation	corporation	NOUN
cjfa-28098	364	72	’s	’s	PART
cjfa-28098	364	73	existence	existence	NOUN
cjfa-28098	364	74	and	and	CCONJ
cjfa-28098	364	75	growth	growth	NOUN
cjfa-28098	364	76	.	.	PUNCT
cjfa-28098	365	1	in	in	ADP
cjfa-28098	365	2	addition	addition	NOUN
cjfa-28098	365	3	to	to	ADP
cjfa-28098	365	4	that	that	DET
cjfa-28098	365	5	firm	firm	NOUN
cjfa-28098	365	6	’s	’s	PART
cjfa-28098	365	7	relationships	relationship	NOUN
cjfa-28098	365	8	with	with	ADP
cjfa-28098	365	9	community	community	NOUN
cjfa-28098	365	10	and	and	CCONJ
cjfa-28098	365	11	goodwill	goodwill	NOUN
cjfa-28098	365	12	are	be	AUX
cjfa-28098	365	13	becoming	become	VERB
cjfa-28098	365	14	equally	equally	ADV
cjfa-28098	365	15	crucial	crucial	ADJ
cjfa-28098	365	16	.	.	PUNCT
cjfa-28098	366	1	there	there	PRON
cjfa-28098	366	2	has	have	AUX
cjfa-28098	366	3	been	be	AUX
cjfa-28098	366	4	a	a	DET
cjfa-28098	366	5	progressive	progressive	ADJ
cjfa-28098	366	6	movement	movement	NOUN
cjfa-28098	366	7	in	in	ADP
cjfa-28098	366	8	conceptual	conceptual	ADJ
cjfa-28098	366	9	framework	framework	NOUN
cjfa-28098	366	10	of	of	ADP
cjfa-28098	366	11	both	both	DET
cjfa-28098	366	12	investors	investor	NOUN
cjfa-28098	366	13	and	and	CCONJ
cjfa-28098	366	14	managers	manager	NOUN
cjfa-28098	366	15	that	that	DET
cjfa-28098	366	16	firm	firm	NOUN
cjfa-28098	366	17	’s	’s	PART
cjfa-28098	366	18	overall	overall	ADJ
cjfa-28098	366	19	success	success	NOUN
cjfa-28098	366	20	and	and	CCONJ
cjfa-28098	366	21	sustainability	sustainability	NOUN
cjfa-28098	366	22	depends	depend	VERB
cjfa-28098	366	23	on	on	ADP
cjfa-28098	366	24	the	the	DET
cjfa-28098	366	25	overall	overall	ADJ
cjfa-28098	366	26	value	value	NOUN
cjfa-28098	366	27	maximization	maximization	NOUN
cjfa-28098	366	28	of	of	ADP
cjfa-28098	366	29	the	the	DET
cjfa-28098	366	30	all	all	DET
cjfa-28098	366	31	stakeholders	stakeholder	NOUN
cjfa-28098	366	32	including	include	VERB
cjfa-28098	366	33	the	the	DET
cjfa-28098	366	34	stockholders	stockholder	NOUN
cjfa-28098	366	35	.	.	PUNCT
cjfa-28098	367	1	the	the	DET
cjfa-28098	367	2	empirical	empirical	ADJ
cjfa-28098	367	3	evidences	evidence	NOUN
cjfa-28098	367	4	of	of	ADP
cjfa-28098	367	5	uk	uk	PROPN
cjfa-28098	367	6	and	and	CCONJ
cjfa-28098	367	7	usa	usa	PROPN
cjfa-28098	367	8	are	be	AUX
cjfa-28098	367	9	also	also	ADV
cjfa-28098	367	10	suggestive	suggestive	ADJ
cjfa-28098	367	11	to	to	ADP
cjfa-28098	367	12	this	this	DET
cjfa-28098	367	13	argument	argument	NOUN
cjfa-28098	367	14	.	.	PUNCT
cjfa-28098	368	1	the	the	DET
cjfa-28098	368	2	analysis	analysis	NOUN
cjfa-28098	368	3	also	also	ADV
cjfa-28098	368	4	reveals	reveal	VERB
cjfa-28098	368	5	that	that	SCONJ
cjfa-28098	368	6	both	both	CCONJ
cjfa-28098	368	7	stockholder	stockholder	NOUN
cjfa-28098	368	8	and	and	CCONJ
cjfa-28098	368	9	stakeholder	stakeholder	NOUN
cjfa-28098	368	10	models	model	NOUN
cjfa-28098	368	11	are	be	AUX
cjfa-28098	368	12	competing	compete	VERB
cjfa-28098	368	13	on	on	ADP
cjfa-28098	368	14	the	the	DET
cjfa-28098	368	15	ground	ground	NOUN
cjfa-28098	368	16	of	of	ADP
cjfa-28098	368	17	superiority	superiority	NOUN
cjfa-28098	368	18	however	however	ADV
cjfa-28098	368	19	,	,	PUNCT
cjfa-28098	368	20	in	in	SCONJ
cjfa-28098	368	21	practically	practically	ADV
cjfa-28098	368	22	there	there	PRON
cjfa-28098	368	23	has	have	AUX
cjfa-28098	368	24	been	be	AUX
cjfa-28098	368	25	a	a	DET
cjfa-28098	368	26	vibrant	vibrant	ADJ
cjfa-28098	368	27	modification	modification	NOUN
cjfa-28098	368	28	with	with	ADP
cjfa-28098	368	29	both	both	DET
cjfa-28098	368	30	standards	standard	NOUN
cjfa-28098	368	31	are	be	AUX
cjfa-28098	368	32	becoming	become	VERB
cjfa-28098	368	33	progressively	progressively	ADV
cjfa-28098	368	34	equally	equally	ADV
cjfa-28098	368	35	appealing	appealing	ADJ
cjfa-28098	368	36	in	in	ADP
cjfa-28098	368	37	different	different	ADJ
cjfa-28098	368	38	region	region	NOUN
cjfa-28098	368	39	over	over	ADP
cjfa-28098	368	40	the	the	DET
cjfa-28098	368	41	last	last	ADJ
cjfa-28098	368	42	20	20	NUM
cjfa-28098	368	43	years	year	NOUN
cjfa-28098	368	44	or	or	CCONJ
cjfa-28098	368	45	so	so	ADV
cjfa-28098	368	46	.	.	PUNCT
cjfa-28098	369	1	this	this	DET
cjfa-28098	369	2	paradigmatic	paradigmatic	ADJ
cjfa-28098	369	3	swing	swing	NOUN
cjfa-28098	369	4	is	be	AUX
cjfa-28098	369	5	the	the	DET
cjfa-28098	369	6	main	main	ADJ
cjfa-28098	369	7	ideology	ideology	NOUN
cjfa-28098	369	8	of	of	ADP
cjfa-28098	369	9	this	this	DET
cjfa-28098	369	10	paper	paper	NOUN
cjfa-28098	369	11	.	.	PUNCT
cjfa-28098	370	1	for	for	ADP
cjfa-28098	370	2	instance	instance	NOUN
cjfa-28098	370	3	,	,	PUNCT
cjfa-28098	370	4	real	real	ADJ
cjfa-28098	370	5	facts	fact	NOUN
cjfa-28098	370	6	exhibits	exhibit	VERB
cjfa-28098	370	7	that	that	SCONJ
cjfa-28098	370	8	germany	germany	PROPN
cjfa-28098	370	9	and	and	CCONJ
cjfa-28098	370	10	japan	japan	PROPN
cjfa-28098	370	11	,	,	PUNCT
cjfa-28098	370	12	which	which	PRON
cjfa-28098	370	13	have	have	AUX
cjfa-28098	370	14	been	be	AUX
cjfa-28098	370	15	customarily	customarily	ADV
cjfa-28098	370	16	stakeholder	stakeholder	NOUN
cjfa-28098	370	17	dominated	dominate	VERB
cjfa-28098	370	18	regime	regime	NOUN
cjfa-28098	370	19	,	,	PUNCT
cjfa-28098	370	20	have	have	AUX
cjfa-28098	370	21	lately	lately	ADV
cjfa-28098	370	22	switched	switch	VERB
cjfa-28098	370	23	to	to	ADP
cjfa-28098	370	24	equity	equity	NOUN
cjfa-28098	370	25	-	-	PUNCT
cjfa-28098	370	26	holder	holder	NOUN
cjfa-28098	370	27	based	base	VERB
cjfa-28098	370	28	cg	cg	NOUN
cjfa-28098	370	29	framework	framework	NOUN
cjfa-28098	370	30	and	and	CCONJ
cjfa-28098	370	31	market	market	NOUN
cjfa-28098	370	32	oriented	orient	VERB
cjfa-28098	370	33	structure	structure	NOUN
cjfa-28098	370	34	because	because	SCONJ
cjfa-28098	370	35	of	of	ADP
cjfa-28098	370	36	the	the	DET
cjfa-28098	370	37	dominance	dominance	NOUN
cjfa-28098	370	38	of	of	ADP
cjfa-28098	370	39	free	free	ADJ
cjfa-28098	370	40	market	market	NOUN
cjfa-28098	370	41	economy	economy	NOUN
cjfa-28098	370	42	and	and	CCONJ
cjfa-28098	370	43	global	global	ADJ
cjfa-28098	370	44	competition	competition	NOUN
cjfa-28098	370	45	(	(	PUNCT
cjfa-28098	370	46	stoney	stoney	PROPN
cjfa-28098	370	47	&	&	CCONJ
cjfa-28098	370	48	winstanley	winstanley	PROPN
cjfa-28098	370	49	,	,	PUNCT
cjfa-28098	370	50	2001	2001	NUM
cjfa-28098	370	51	)	)	PUNCT
cjfa-28098	370	52	.	.	PUNCT
cjfa-28098	371	1	all	all	DET
cjfa-28098	371	2	this	this	PRON
cjfa-28098	371	3	suggests	suggest	VERB
cjfa-28098	371	4	that	that	SCONJ
cjfa-28098	371	5	the	the	DET
cjfa-28098	371	6	pretended	pretend	VERB
cjfa-28098	371	7	power	power	NOUN
cjfa-28098	371	8	and	and	CCONJ
cjfa-28098	371	9	dominance	dominance	NOUN
cjfa-28098	371	10	of	of	ADP
cjfa-28098	371	11	any	any	DET
cjfa-28098	371	12	particular	particular	ADJ
cjfa-28098	371	13	perception	perception	NOUN
cjfa-28098	371	14	is	be	AUX
cjfa-28098	371	15	not	not	PART
cjfa-28098	371	16	sustainable	sustainable	ADJ
cjfa-28098	371	17	and	and	CCONJ
cjfa-28098	371	18	comprehensive	comprehensive	ADJ
cjfa-28098	371	19	rather	rather	ADV
cjfa-28098	371	20	circumstantial	circumstantial	ADJ
cjfa-28098	371	21	.	.	PUNCT
cjfa-28098	372	1	a	a	DET
cjfa-28098	372	2	potential	potential	ADJ
cjfa-28098	372	3	scope	scope	NOUN
cjfa-28098	372	4	for	for	ADP
cjfa-28098	372	5	future	future	ADJ
cjfa-28098	372	6	investigation	investigation	NOUN
cjfa-28098	372	7	could	could	AUX
cjfa-28098	372	8	be	be	AUX
cjfa-28098	372	9	taken	take	VERB
cjfa-28098	372	10	in	in	ADP
cjfa-28098	372	11	the	the	DET
cjfa-28098	372	12	area	area	NOUN
cjfa-28098	372	13	of	of	ADP
cjfa-28098	372	14	the	the	DET
cjfa-28098	372	15	identification	identification	NOUN
cjfa-28098	372	16	of	of	ADP
cjfa-28098	372	17	the	the	DET
cjfa-28098	372	18	association	association	NOUN
cjfa-28098	372	19	between	between	ADP
cjfa-28098	372	20	the	the	DET
cjfa-28098	372	21	cg	cg	NOUN
cjfa-28098	372	22	features	feature	NOUN
cjfa-28098	372	23	of	of	ADP
cjfa-28098	372	24	corporations	corporation	NOUN
cjfa-28098	372	25	and	and	CCONJ
cjfa-28098	372	26	firm	firm	NOUN
cjfa-28098	372	27	’s	’s	PART
cjfa-28098	372	28	performance	performance	NOUN
cjfa-28098	372	29	.	.	PUNCT
cjfa-28098	372	30	 	 	SPACE
cjfa-28098	373	1	references	reference	NOUN
cjfa-28098	373	2	adams	adam	NOUN
cjfa-28098	373	3	,	,	PUNCT
cjfa-28098	373	4	r.b	r.b	PROPN
cjfa-28098	373	5	.	.	PROPN
cjfa-28098	373	6	,	,	PUNCT
cjfa-28098	373	7	hermalin	hermalin	PROPN
cjfa-28098	373	8	,	,	PUNCT
cjfa-28098	373	9	b.e	b.e	PROPN
cjfa-28098	373	10	.	.	PROPN
cjfa-28098	373	11	,	,	PUNCT
cjfa-28098	373	12	&	&	CCONJ
cjfa-28098	373	13	weisbach	weisbach	PROPN
cjfa-28098	373	14	,	,	PUNCT
cjfa-28098	373	15	m.s	m.s	PROPN
cjfa-28098	373	16	.	.	PROPN
cjfa-28098	373	17	(	(	PUNCT
cjfa-28098	373	18	2010	2010	NUM
cjfa-28098	373	19	)	)	PUNCT
cjfa-28098	373	20	.	.	PUNCT
cjfa-28098	374	1	the	the	DET
cjfa-28098	374	2	role	role	NOUN
cjfa-28098	374	3	of	of	ADP
cjfa-28098	374	4	boards	board	NOUN
cjfa-28098	374	5	of	of	ADP
cjfa-28098	374	6	directors	director	NOUN
cjfa-28098	374	7	in	in	ADP
cjfa-28098	374	8	corporate	corporate	ADJ
cjfa-28098	374	9	governance	governance	NOUN
cjfa-28098	374	10	:	:	PUNCT
cjfa-28098	374	11	a	a	DET
cjfa-28098	374	12	conceptual	conceptual	ADJ
cjfa-28098	374	13	framework	framework	NOUN
cjfa-28098	374	14	and	and	CCONJ
cjfa-28098	374	15	survey	survey	NOUN
cjfa-28098	374	16	.	.	PUNCT
cjfa-28098	375	1	journal	journal	NOUN
cjfa-28098	375	2	of	of	ADP
cjfa-28098	375	3	economic	economic	ADJ
cjfa-28098	375	4	literature	literature	NOUN
cjfa-28098	375	5	,	,	PUNCT
cjfa-28098	375	6	48	48	NUM
cjfa-28098	375	7	,	,	PUNCT
cjfa-28098	375	8	58–107	58–107	NUM
cjfa-28098	375	9	.	.	PUNCT
cjfa-28098	376	1	http://dx.doi.org/10.1257/jel.48.1.58	http://dx.doi.org/10.1257/jel.48.1.58	PROPN
cjfa-28098	376	2	.	.	PUNCT
cjfa-28098	376	3	adjaoud	adjaoud	PROPN
cjfa-28098	376	4	,	,	PUNCT
cjfa-28098	376	5	f.	f.	PROPN
cjfa-28098	376	6	,	,	PUNCT
cjfa-28098	376	7	&	&	CCONJ
cjfa-28098	376	8	ben	ben	PROPN
cjfa-28098	376	9	-	-	PROPN
cjfa-28098	376	10	amar	amar	PROPN
cjfa-28098	376	11	,	,	PUNCT
cjfa-28098	376	12	w.	w.	PROPN
cjfa-28098	376	13	(	(	PUNCT
cjfa-28098	376	14	2010	2010	NUM
cjfa-28098	376	15	)	)	PUNCT
cjfa-28098	376	16	.	.	PUNCT
cjfa-28098	377	1	corporate	corporate	ADJ
cjfa-28098	377	2	governance	governance	NOUN
cjfa-28098	377	3	and	and	CCONJ
cjfa-28098	377	4	dividend	dividend	NOUN
cjfa-28098	377	5	policy	policy	NOUN
cjfa-28098	377	6	:	:	PUNCT
cjfa-28098	377	7	shareholders	shareholder	NOUN
cjfa-28098	377	8	’	'	PUNCT
cjfa-28098	377	9	protection	protection	NOUN
cjfa-28098	377	10	or	or	CCONJ
cjfa-28098	377	11	expropriation	expropriation	NOUN
cjfa-28098	377	12	?	?	PUNCT
cjfa-28098	378	1	journal	journal	NOUN
cjfa-28098	378	2	of	of	ADP
cjfa-28098	378	3	business	business	NOUN
cjfa-28098	378	4	finance	finance	PROPN
cjfa-28098	378	5	&	&	CCONJ
cjfa-28098	378	6	accounting	accounting	PROPN
cjfa-28098	378	7	,	,	PUNCT
cjfa-28098	378	8	37	37	NUM
cjfa-28098	378	9	,	,	PUNCT
cjfa-28098	378	10	648–667	648–667	NUM
cjfa-28098	378	11	.	.	PUNCT
cjfa-28098	379	1	http://doi.org/10.1111/j.1468-5957.2010.02192.x	http://doi.org/10.1111/j.1468-5957.2010.02192.x	PROPN
cjfa-28098	379	2	.	.	PUNCT
cjfa-28098	380	1	aerts	aert	NOUN
cjfa-28098	380	2	,	,	PUNCT
cjfa-28098	380	3	w.	w.	NOUN
cjfa-28098	380	4	,	,	PUNCT
cjfa-28098	380	5	cormier	cormier	PROPN
cjfa-28098	380	6	,	,	PUNCT
cjfa-28098	380	7	d.	d.	PROPN
cjfa-28098	380	8	,	,	PUNCT
cjfa-28098	380	9	&	&	CCONJ
cjfa-28098	380	10	magnan	magnan	PROPN
cjfa-28098	380	11	,	,	PUNCT
cjfa-28098	380	12	m.	m.	NOUN
cjfa-28098	380	13	(	(	PUNCT
cjfa-28098	380	14	2007	2007	NUM
cjfa-28098	380	15	)	)	PUNCT
cjfa-28098	380	16	.	.	PUNCT
cjfa-28098	381	1	the	the	DET
cjfa-28098	381	2	association	association	NOUN
cjfa-28098	381	3	between	between	ADP
cjfa-28098	381	4	web	web	NOUN
cjfa-28098	381	5	-	-	PUNCT
cjfa-28098	381	6	based	base	VERB
cjfa-28098	381	7	corporate	corporate	ADJ
cjfa-28098	381	8	performance	performance	NOUN
cjfa-28098	381	9	disclosure	disclosure	NOUN
cjfa-28098	381	10	and	and	CCONJ
cjfa-28098	381	11	financial	financial	ADJ
cjfa-28098	381	12	analyst	analyst	NOUN
cjfa-28098	381	13	behaviour	behaviour	NOUN
cjfa-28098	381	14	under	under	ADP
cjfa-28098	381	15	different	different	ADJ
cjfa-28098	381	16	governance	governance	NOUN
cjfa-28098	381	17	regimes	regime	NOUN
cjfa-28098	381	18	.	.	PUNCT
cjfa-28098	382	1	corporate	corporate	ADJ
cjfa-28098	382	2	governance	governance	NOUN
cjfa-28098	382	3	:	:	PUNCT
cjfa-28098	382	4	an	an	DET
cjfa-28098	382	5	international	international	ADJ
cjfa-28098	382	6	review	review	NOUN
cjfa-28098	382	7	,	,	PUNCT
cjfa-28098	382	8	15	15	NUM
cjfa-28098	382	9	,	,	PUNCT
cjfa-28098	382	10	1301–1329	1301–1329	NUM
cjfa-28098	382	11	.	.	PUNCT
cjfa-28098	383	1	http://doi.org/10.1111/j.1467-8683.2007.00648.x	http://doi.org/10.1111/j.1467-8683.2007.00648.x	NOUN
cjfa-28098	383	2	.	.	PUNCT
cjfa-28098	384	1	atm	atm	PROPN
cjfa-28098	384	2	adnan	adnan	PROPN
cjfa-28098	384	3	,	,	PUNCT
cjfa-28098	384	4	nisar	nisar	PROPN
cjfa-28098	384	5	ahmed36	ahmed36	PROPN
cjfa-28098	384	6	aggarwal	aggarwal	PROPN
cjfa-28098	384	7	,	,	PUNCT
cjfa-28098	384	8	r.k	r.k	PROPN
cjfa-28098	384	9	.	.	PROPN
cjfa-28098	384	10	,	,	PUNCT
cjfa-28098	384	11	&	&	CCONJ
cjfa-28098	384	12	samwick	samwick	PROPN
cjfa-28098	384	13	,	,	PUNCT
cjfa-28098	384	14	a.a	a.a	PROPN
cjfa-28098	384	15	.	.	PROPN
cjfa-28098	384	16	(	(	PUNCT
cjfa-28098	384	17	1999	1999	NUM
cjfa-28098	384	18	)	)	PUNCT
cjfa-28098	384	19	.	.	PUNCT
cjfa-28098	385	1	executive	executive	PROPN
cjfa-28098	385	2	compensation	compensation	PROPN
cjfa-28098	385	3	,	,	PUNCT
cjfa-28098	385	4	strategic	strategic	ADJ
cjfa-28098	385	5	competition	competition	NOUN
cjfa-28098	385	6	,	,	PUNCT
cjfa-28098	385	7	and	and	CCONJ
cjfa-28098	385	8	relative	relative	ADJ
cjfa-28098	385	9	performance	performance	NOUN
cjfa-28098	385	10	evaluation	evaluation	NOUN
cjfa-28098	385	11	:	:	PUNCT
cjfa-28098	385	12	theory	theory	NOUN
cjfa-28098	385	13	and	and	CCONJ
cjfa-28098	385	14	evidence	evidence	NOUN
cjfa-28098	385	15	.	.	PUNCT
cjfa-28098	386	1	the	the	DET
cjfa-28098	386	2	journal	journal	NOUN
cjfa-28098	386	3	of	of	ADP
cjfa-28098	386	4	finance	finance	NOUN
cjfa-28098	386	5	,	,	PUNCT
cjfa-28098	386	6	54	54	NUM
cjfa-28098	386	7	,	,	PUNCT
cjfa-28098	386	8	1999–2043	1999–2043	NUM
cjfa-28098	386	9	.	.	PUNCT
cjfa-28098	387	1	http://doi.org/10.1111/0022-1082.00180	http://doi.org/10.1111/0022-1082.00180	PROPN
cjfa-28098	387	2	.	.	PUNCT
cjfa-28098	388	1	agrawal	agrawal	PROPN
cjfa-28098	388	2	,	,	PUNCT
cjfa-28098	388	3	a.	a.	PROPN
cjfa-28098	388	4	,	,	PUNCT
cjfa-28098	388	5	&	&	CCONJ
cjfa-28098	388	6	chadha	chadha	PROPN
cjfa-28098	388	7	,	,	PUNCT
cjfa-28098	388	8	s.	s.	PROPN
cjfa-28098	388	9	(	(	PUNCT
cjfa-28098	388	10	2005	2005	NUM
cjfa-28098	388	11	)	)	PUNCT
cjfa-28098	388	12	.	.	PUNCT
cjfa-28098	389	1	corporate	corporate	ADJ
cjfa-28098	389	2	governance	governance	NOUN
cjfa-28098	389	3	and	and	CCONJ
cjfa-28098	389	4	accounting	accounting	NOUN
cjfa-28098	389	5	scandals	scandal	NOUN
cjfa-28098	389	6	.	.	PUNCT
cjfa-28098	390	1	the	the	DET
cjfa-28098	390	2	journal	journal	NOUN
cjfa-28098	390	3	of	of	ADP
cjfa-28098	390	4	law	law	NOUN
cjfa-28098	390	5	and	and	CCONJ
cjfa-28098	390	6	economics	economic	NOUN
cjfa-28098	390	7	,	,	PUNCT
cjfa-28098	390	8	48	48	NUM
cjfa-28098	390	9	,	,	PUNCT
cjfa-28098	390	10	371–406	371–406	NUM
cjfa-28098	390	11	.	.	PUNCT
cjfa-28098	391	1	http://dx.doi.org/10.1086/430808	http://dx.doi.org/10.1086/430808	NOUN
cjfa-28098	391	2	.	.	PUNCT
cjfa-28098	392	1	agrawal	agrawal	PROPN
cjfa-28098	392	2	,	,	PUNCT
cjfa-28098	392	3	a.	a.	PROPN
cjfa-28098	392	4	,	,	PUNCT
cjfa-28098	392	5	&	&	CCONJ
cjfa-28098	392	6	cooper	cooper	PROPN
cjfa-28098	392	7	,	,	PUNCT
cjfa-28098	392	8	t.	t.	PROPN
cjfa-28098	392	9	(	(	PUNCT
cjfa-28098	392	10	2017	2017	NUM
cjfa-28098	392	11	)	)	PUNCT
cjfa-28098	392	12	.	.	PUNCT
cjfa-28098	393	1	corporate	corporate	ADJ
cjfa-28098	393	2	governance	governance	NOUN
cjfa-28098	393	3	consequences	consequence	NOUN
cjfa-28098	393	4	of	of	ADP
cjfa-28098	393	5	accounting	accounting	NOUN
cjfa-28098	393	6	scandals	scandal	NOUN
cjfa-28098	393	7	:	:	PUNCT
cjfa-28098	393	8	evidence	evidence	NOUN
cjfa-28098	393	9	from	from	ADP
cjfa-28098	393	10	top	top	ADJ
cjfa-28098	393	11	management	management	NOUN
cjfa-28098	393	12	,	,	PUNCT
cjfa-28098	393	13	cfo	cfo	NOUN
cjfa-28098	393	14	and	and	CCONJ
cjfa-28098	393	15	auditor	auditor	NOUN
cjfa-28098	393	16	turnover	turnover	NOUN
cjfa-28098	393	17	.	.	PUNCT
cjfa-28098	394	1	quarterly	quarterly	ADJ
cjfa-28098	394	2	journal	journal	NOUN
cjfa-28098	394	3	of	of	ADP
cjfa-28098	394	4	finance	finance	NOUN
cjfa-28098	394	5	,	,	PUNCT
cjfa-28098	394	6	7	7	NUM
cjfa-28098	394	7	,	,	PUNCT
cjfa-28098	394	8	1650014	1650014	NUM
cjfa-28098	394	9	.	.	PUNCT
cjfa-28098	395	1	http://doi.org/10.1142/s2010139216500142	http://doi.org/10.1142/s2010139216500142	PROPN
cjfa-28098	395	2	.	.	PUNCT
cjfa-28098	396	1	aguilera	aguilera	PROPN
cjfa-28098	396	2	,	,	PUNCT
cjfa-28098	396	3	r.v	r.v	PROPN
cjfa-28098	396	4	.	.	PROPN
cjfa-28098	396	5	,	,	PUNCT
cjfa-28098	396	6	&	&	CCONJ
cjfa-28098	396	7	jackson	jackson	PROPN
cjfa-28098	396	8	,	,	PUNCT
cjfa-28098	396	9	g.	g.	PROPN
cjfa-28098	396	10	(	(	PUNCT
cjfa-28098	396	11	2003	2003	NUM
cjfa-28098	396	12	)	)	PUNCT
cjfa-28098	396	13	.	.	PUNCT
cjfa-28098	397	1	the	the	DET
cjfa-28098	397	2	cross	cross	ADJ
cjfa-28098	397	3	-	-	ADJ
cjfa-28098	397	4	national	national	ADJ
cjfa-28098	397	5	diversity	diversity	NOUN
cjfa-28098	397	6	of	of	ADP
cjfa-28098	397	7	corporate	corporate	ADJ
cjfa-28098	397	8	governance	governance	NOUN
cjfa-28098	397	9	:	:	PUNCT
cjfa-28098	397	10	dimensions	dimension	NOUN
cjfa-28098	397	11	and	and	CCONJ
cjfa-28098	397	12	determinants	determinant	NOUN
cjfa-28098	397	13	.	.	PUNCT
cjfa-28098	398	1	academy	academy	NOUN
cjfa-28098	398	2	of	of	ADP
cjfa-28098	398	3	management	management	PROPN
cjfa-28098	398	4	review	review	PROPN
cjfa-28098	398	5	,	,	PUNCT
cjfa-28098	398	6	28	28	NUM
cjfa-28098	398	7	,	,	PUNCT
cjfa-28098	398	8	447–465	447–465	NUM
cjfa-28098	398	9	.	.	PUNCT
cjfa-28098	399	1	http://doi.org/10.5465/amr.2003.10196772	http://doi.org/10.5465/amr.2003.10196772	ADJ
cjfa-28098	399	2	.	.	PUNCT
cjfa-28098	400	1	ahmadjian	ahmadjian	PROPN
cjfa-28098	400	2	,	,	PUNCT
cjfa-28098	400	3	c.l	c.l	PROPN
cjfa-28098	400	4	.	.	PROPN
cjfa-28098	400	5	,	,	PUNCT
cjfa-28098	400	6	&	&	CCONJ
cjfa-28098	400	7	robbins	robbins	PROPN
cjfa-28098	400	8	,	,	PUNCT
cjfa-28098	400	9	g.e	g.e	PROPN
cjfa-28098	400	10	.	.	PUNCT
cjfa-28098	400	11	(	(	PUNCT
cjfa-28098	400	12	2005	2005	NUM
cjfa-28098	400	13	)	)	PUNCT
cjfa-28098	400	14	.	.	PUNCT
cjfa-28098	401	1	a	a	DET
cjfa-28098	401	2	clash	clash	NOUN
cjfa-28098	401	3	of	of	ADP
cjfa-28098	401	4	capitalisms	capitalism	NOUN
cjfa-28098	401	5	:	:	PUNCT
cjfa-28098	401	6	foreign	foreign	ADJ
cjfa-28098	401	7	shareholders	shareholder	NOUN
cjfa-28098	401	8	and	and	CCONJ
cjfa-28098	401	9	corporate	corporate	ADJ
cjfa-28098	401	10	restructuring	restructuring	NOUN
cjfa-28098	401	11	in	in	ADP
cjfa-28098	401	12	1990s	1990s	PROPN
cjfa-28098	401	13	japan	japan	PROPN
cjfa-28098	401	14	.	.	PUNCT
cjfa-28098	402	1	american	american	ADJ
cjfa-28098	402	2	sociological	sociological	PROPN
cjfa-28098	402	3	review	review	PROPN
cjfa-28098	402	4	,	,	PUNCT
cjfa-28098	402	5	70	70	NUM
cjfa-28098	402	6	,	,	PUNCT
cjfa-28098	402	7	451	451	NUM
cjfa-28098	402	8	–	–	PUNCT
cjfa-28098	402	9	 	 	SPACE
cjfa-28098	402	10	471	471	NUM
cjfa-28098	402	11	.	.	PUNCT
cjfa-28098	403	1	http://dx.doi.org/10.1177/000312240507000305	http://dx.doi.org/10.1177/000312240507000305	PROPN
cjfa-28098	403	2	.	.	PUNCT
cjfa-28098	404	1	allen	allen	PROPN
cjfa-28098	404	2	,	,	PUNCT
cjfa-28098	404	3	f.	f.	PROPN
cjfa-28098	404	4	,	,	PUNCT
cjfa-28098	404	5	&	&	CCONJ
cjfa-28098	404	6	gale	gale	PROPN
cjfa-28098	404	7	,	,	PUNCT
cjfa-28098	404	8	d.	d.	PROPN
cjfa-28098	404	9	(	(	PUNCT
cjfa-28098	404	10	2000	2000	NUM
cjfa-28098	404	11	)	)	PUNCT
cjfa-28098	404	12	.	.	PUNCT
cjfa-28098	405	1	corporate	corporate	ADJ
cjfa-28098	405	2	governance	governance	NOUN
cjfa-28098	405	3	and	and	CCONJ
cjfa-28098	405	4	competition	competition	NOUN
cjfa-28098	405	5	.	.	PUNCT
cjfa-28098	406	1	corporate	corporate	ADJ
cjfa-28098	406	2	governance	governance	NOUN
cjfa-28098	406	3	:	:	PUNCT
cjfa-28098	406	4	theoretical	theoretical	ADJ
cjfa-28098	406	5	and	and	CCONJ
cjfa-28098	406	6	empirical	empirical	ADJ
cjfa-28098	406	7	perspectives	perspective	NOUN
cjfa-28098	406	8	,	,	PUNCT
cjfa-28098	406	9	23	23	NUM
cjfa-28098	406	10	.	.	PUNCT
cjfa-28098	407	1	http://dx.doi.org/10.1017/	http://dx.doi.org/10.1017/	PROPN
cjfa-28098	408	1	cbo9781139175333.003	cbo9781139175333.003	PROPN
cjfa-28098	408	2	.	.	PROPN
cjfa-28098	408	3	aoki	aoki	PROPN
cjfa-28098	408	4	,	,	PUNCT
cjfa-28098	408	5	m.	m.	NOUN
cjfa-28098	408	6	,	,	PUNCT
cjfa-28098	408	7	&	&	CCONJ
cjfa-28098	408	8	jackson	jackson	PROPN
cjfa-28098	408	9	,	,	PUNCT
cjfa-28098	408	10	g.	g.	PROPN
cjfa-28098	408	11	(	(	PUNCT
cjfa-28098	408	12	2008	2008	NUM
cjfa-28098	408	13	)	)	PUNCT
cjfa-28098	408	14	.	.	PUNCT
cjfa-28098	409	1	understanding	understand	VERB
cjfa-28098	409	2	an	an	DET
cjfa-28098	409	3	emergent	emergent	ADJ
cjfa-28098	409	4	diversity	diversity	NOUN
cjfa-28098	409	5	of	of	ADP
cjfa-28098	409	6	corporate	corporate	ADJ
cjfa-28098	409	7	governance	governance	NOUN
cjfa-28098	409	8	and	and	CCONJ
cjfa-28098	409	9	organizational	organizational	ADJ
cjfa-28098	409	10	architecture	architecture	NOUN
cjfa-28098	409	11	:	:	PUNCT
cjfa-28098	409	12	an	an	DET
cjfa-28098	409	13	essentiality	essentiality	NOUN
cjfa-28098	409	14	-	-	PUNCT
cjfa-28098	409	15	based	base	VERB
cjfa-28098	409	16	analysis	analysis	NOUN
cjfa-28098	409	17	.	.	PUNCT
cjfa-28098	410	1	industrial	industrial	ADJ
cjfa-28098	410	2	and	and	CCONJ
cjfa-28098	410	3	corporate	corporate	ADJ
cjfa-28098	410	4	change	change	NOUN
cjfa-28098	410	5	,	,	PUNCT
cjfa-28098	410	6	17	17	NUM
cjfa-28098	410	7	,	,	PUNCT
cjfa-28098	410	8	1–27	1–27	NUM
cjfa-28098	410	9	.	.	PUNCT
cjfa-28098	411	1	http://dx.doi.org/10.1093/icc/dtm037	http://dx.doi.org/10.1093/icc/dtm037	PROPN
cjfa-28098	411	2	.	.	PUNCT
cjfa-28098	412	1	aoki	aoki	PROPN
cjfa-28098	412	2	,	,	PUNCT
cjfa-28098	412	3	m.	m.	PROPN
cjfa-28098	412	4	,	,	PUNCT
cjfa-28098	412	5	jackson	jackson	PROPN
cjfa-28098	412	6	,	,	PUNCT
cjfa-28098	412	7	g.	g.	PROPN
cjfa-28098	412	8	,	,	PUNCT
cjfa-28098	412	9	&	&	CCONJ
cjfa-28098	412	10	miyajima	miyajima	PROPN
cjfa-28098	412	11	,	,	PUNCT
cjfa-28098	412	12	h.	h.	PROPN
cjfa-28098	412	13	(	(	PUNCT
cjfa-28098	412	14	2005	2005	NUM
cjfa-28098	412	15	)	)	PUNCT
cjfa-28098	412	16	.	.	PUNCT
cjfa-28098	413	1	corporate	corporate	ADJ
cjfa-28098	413	2	governance	governance	NOUN
cjfa-28098	413	3	in	in	ADP
cjfa-28098	413	4	japan	japan	PROPN
cjfa-28098	413	5	:	:	PUNCT
cjfa-28098	413	6	organizational	organizational	ADJ
cjfa-28098	413	7	diversity	diversity	NOUN
cjfa-28098	413	8	and	and	CCONJ
cjfa-28098	413	9	institutional	institutional	ADJ
cjfa-28098	413	10	change	change	NOUN
cjfa-28098	413	11	.	.	PUNCT
cjfa-28098	414	1	oxford	oxford	NOUN
cjfa-28098	414	2	:	:	PUNCT
cjfa-28098	414	3	oxford	oxford	PROPN
cjfa-28098	414	4	university	university	PROPN
cjfa-28098	414	5	press	press	NOUN
cjfa-28098	414	6	.	.	PUNCT
cjfa-28098	415	1	http://	http://	PROPN
cjfa-28098	415	2	dx.doi.org/10.1353/jjs.0.0116	dx.doi.org/10.1353/jjs.0.0116	PROPN
cjfa-28098	415	3	.	.	PUNCT
cjfa-28098	416	1	aoki	aoki	PROPN
cjfa-28098	416	2	,	,	PUNCT
cjfa-28098	416	3	m.	m.	PROPN
cjfa-28098	416	4	,	,	PUNCT
cjfa-28098	416	5	jackson	jackson	PROPN
cjfa-28098	416	6	,	,	PUNCT
cjfa-28098	416	7	g.	g.	PROPN
cjfa-28098	416	8	,	,	PUNCT
cjfa-28098	416	9	&	&	CCONJ
cjfa-28098	416	10	miyajima	miyajima	PROPN
cjfa-28098	416	11	,	,	PUNCT
cjfa-28098	416	12	h.	h.	PROPN
cjfa-28098	416	13	(	(	PUNCT
cjfa-28098	416	14	2007	2007	NUM
cjfa-28098	416	15	)	)	PUNCT
cjfa-28098	416	16	.	.	PUNCT
cjfa-28098	417	1	corporate	corporate	ADJ
cjfa-28098	417	2	governance	governance	NOUN
cjfa-28098	417	3	in	in	ADP
cjfa-28098	417	4	japan	japan	PROPN
cjfa-28098	417	5	:	:	PUNCT
cjfa-28098	417	6	institutional	institutional	ADJ
cjfa-28098	417	7	change	change	NOUN
cjfa-28098	417	8	and	and	CCONJ
cjfa-28098	417	9	organizational	organizational	ADJ
cjfa-28098	417	10	diversity	diversity	NOUN
cjfa-28098	417	11	.	.	PUNCT
cjfa-28098	418	1	oxford	oxford	NOUN
cjfa-28098	418	2	:	:	PUNCT
cjfa-28098	418	3	oxford	oxford	PROPN
cjfa-28098	418	4	university	university	PROPN
cjfa-28098	418	5	press	press	NOUN
cjfa-28098	418	6	.	.	PUNCT
cjfa-28098	419	1	http://dx.doi	http://dx.doi	NOUN
cjfa-28098	419	2	.	.	PUNCT
cjfa-28098	420	1	org/10.1093	org/10.1093	PROPN
cjfa-28098	420	2	/	/	SYM
cjfa-28098	420	3	acprof	acprof	NOUN
cjfa-28098	420	4	:	:	PUNCT
cjfa-28098	420	5	oso/9780199284511.001.0001	oso/9780199284511.001.0001	X
cjfa-28098	420	6	.	.	PUNCT
cjfa-28098	421	1	baggs	baggs	PROPN
cjfa-28098	421	2	,	,	PUNCT
cjfa-28098	421	3	j.	j.	PROPN
cjfa-28098	421	4	,	,	PUNCT
cjfa-28098	421	5	&	&	CCONJ
cjfa-28098	421	6	de	de	X
cjfa-28098	421	7	bettignies	bettignies	PROPN
cjfa-28098	421	8	,	,	PUNCT
cjfa-28098	421	9	j.e	j.e	PROPN
cjfa-28098	421	10	.	.	PROPN
cjfa-28098	421	11	(	(	PUNCT
cjfa-28098	421	12	2007	2007	NUM
cjfa-28098	421	13	)	)	PUNCT
cjfa-28098	421	14	.	.	PUNCT
cjfa-28098	422	1	product	product	NOUN
cjfa-28098	422	2	market	market	NOUN
cjfa-28098	422	3	competition	competition	NOUN
cjfa-28098	422	4	and	and	CCONJ
cjfa-28098	422	5	agency	agency	NOUN
cjfa-28098	422	6	costs	cost	NOUN
cjfa-28098	422	7	.	.	PUNCT
cjfa-28098	423	1	the	the	DET
cjfa-28098	423	2	journal	journal	NOUN
cjfa-28098	423	3	of	of	ADP
cjfa-28098	423	4	industrial	industrial	ADJ
cjfa-28098	423	5	economics	economic	NOUN
cjfa-28098	423	6	,	,	PUNCT
cjfa-28098	423	7	55	55	NUM
cjfa-28098	423	8	,	,	PUNCT
cjfa-28098	423	9	289–323	289–323	NUM
cjfa-28098	423	10	.	.	PUNCT
cjfa-28098	423	11	http://dx.doi.org/10.1111/j.14676451.2007.00312.x	http://dx.doi.org/10.1111/j.14676451.2007.00312.x	NUM
cjfa-28098	423	12	.	.	PUNCT
cjfa-28098	423	13	baskin	baskin	PROPN
cjfa-28098	423	14	,	,	PUNCT
cjfa-28098	423	15	j.	j.	PROPN
cjfa-28098	423	16	,	,	PUNCT
cjfa-28098	423	17	&	&	CCONJ
cjfa-28098	423	18	miranti	miranti	PROPN
cjfa-28098	423	19	,	,	PUNCT
cjfa-28098	423	20	p.	p.	NOUN
cjfa-28098	423	21	(	(	PUNCT
cjfa-28098	423	22	1997	1997	NUM
cjfa-28098	423	23	)	)	PUNCT
cjfa-28098	423	24	.	.	PUNCT
cjfa-28098	424	1	a	a	DET
cjfa-28098	424	2	history	history	NOUN
cjfa-28098	424	3	of	of	ADP
cjfa-28098	424	4	corporate	corporate	ADJ
cjfa-28098	424	5	finance	finance	NOUN
cjfa-28098	424	6	.	.	PUNCT
cjfa-28098	425	1	london	london	PROPN
cjfa-28098	425	2	:	:	PUNCT
cjfa-28098	425	3	cambridge	cambridge	PROPN
cjfa-28098	425	4	university	university	PROPN
cjfa-28098	425	5	press	press	NOUN
cjfa-28098	425	6	.	.	PUNCT
cjfa-28098	426	1	baumhart	baumhart	NOUN
cjfa-28098	426	2	,	,	PUNCT
cjfa-28098	426	3	r.	r.	PROPN
cjfa-28098	426	4	(	(	PUNCT
cjfa-28098	426	5	1968	1968	NUM
cjfa-28098	426	6	)	)	PUNCT
cjfa-28098	426	7	.	.	PUNCT
cjfa-28098	427	1	an	an	DET
cjfa-28098	427	2	honest	honest	ADJ
cjfa-28098	427	3	profit	profit	NOUN
cjfa-28098	427	4	:	:	PUNCT
cjfa-28098	427	5	what	what	PRON
cjfa-28098	427	6	businessmen	businessman	NOUN
cjfa-28098	427	7	say	say	VERB
cjfa-28098	427	8	about	about	ADP
cjfa-28098	427	9	ethics	ethic	NOUN
cjfa-28098	427	10	in	in	ADP
cjfa-28098	427	11	business	business	NOUN
cjfa-28098	427	12	.	.	PUNCT
cjfa-28098	428	1	boston	boston	PROPN
cjfa-28098	428	2	:	:	PUNCT
cjfa-28098	428	3	holt	holt	PROPN
cjfa-28098	428	4	,	,	PUNCT
cjfa-28098	428	5	rinehart	rinehart	PROPN
cjfa-28098	428	6	and	and	CCONJ
cjfa-28098	428	7	winston	winston	PROPN
cjfa-28098	428	8	.	.	PUNCT
cjfa-28098	429	1	becht	becht	NOUN
cjfa-28098	429	2	m.	m.	NOUN
cjfa-28098	429	3	,	,	PUNCT
cjfa-28098	429	4	bolton	bolton	PROPN
cjfa-28098	429	5	p.	p.	PROPN
cjfa-28098	429	6	,	,	PUNCT
cjfa-28098	429	7	&	&	CCONJ
cjfa-28098	429	8	röell	röell	PROPN
cjfa-28098	429	9	,	,	PUNCT
cjfa-28098	429	10	a.	a.	NOUN
cjfa-28098	429	11	(	(	PUNCT
cjfa-28098	429	12	2003	2003	NUM
cjfa-28098	429	13	)	)	PUNCT
cjfa-28098	429	14	.	.	PUNCT
cjfa-28098	430	1	corporate	corporate	ADJ
cjfa-28098	430	2	governance	governance	NOUN
cjfa-28098	430	3	and	and	CCONJ
cjfa-28098	430	4	control	control	NOUN
cjfa-28098	430	5	.	.	PUNCT
cjfa-28098	431	1	handbook	handbook	NOUN
cjfa-28098	431	2	of	of	ADP
cjfa-28098	431	3	the	the	DET
cjfa-28098	431	4	economics	economic	NOUN
cjfa-28098	431	5	of	of	ADP
cjfa-28098	431	6	finance	finance	NOUN
cjfa-28098	431	7	.	.	PUNCT
cjfa-28098	432	1	amsterdam	amsterdam	PROPN
cjfa-28098	432	2	:	:	PUNCT
cjfa-28098	432	3	elsevier	elsevier	PROPN
cjfa-28098	432	4	.	.	PUNCT
cjfa-28098	433	1	bethel	bethel	PROPN
cjfa-28098	433	2	,	,	PUNCT
cjfa-28098	433	3	j.e	j.e	PROPN
cjfa-28098	433	4	.	.	PROPN
cjfa-28098	433	5	,	,	PUNCT
cjfa-28098	433	6	&	&	CCONJ
cjfa-28098	433	7	gillan	gillan	PROPN
cjfa-28098	433	8	,	,	PUNCT
cjfa-28098	433	9	s.l	s.l	PROPN
cjfa-28098	433	10	.	.	PROPN
cjfa-28098	433	11	(	(	PUNCT
cjfa-28098	433	12	2002	2002	NUM
cjfa-28098	433	13	)	)	PUNCT
cjfa-28098	433	14	.	.	PUNCT
cjfa-28098	434	1	the	the	DET
cjfa-28098	434	2	impact	impact	NOUN
cjfa-28098	434	3	of	of	ADP
cjfa-28098	434	4	the	the	DET
cjfa-28098	434	5	institutional	institutional	ADJ
cjfa-28098	434	6	and	and	CCONJ
cjfa-28098	434	7	regulatory	regulatory	ADJ
cjfa-28098	434	8	environment	environment	NOUN
cjfa-28098	434	9	on	on	ADP
cjfa-28098	434	10	shareholder	shareholder	NOUN
cjfa-28098	434	11	voting	voting	NOUN
cjfa-28098	434	12	.	.	PUNCT
cjfa-28098	435	1	financial	financial	ADJ
cjfa-28098	435	2	management	management	NOUN
cjfa-28098	435	3	,	,	PUNCT
cjfa-28098	435	4	4	4	NUM
cjfa-28098	435	5	,	,	PUNCT
cjfa-28098	435	6	29–54	29–54	NUM
cjfa-28098	435	7	.	.	PUNCT
cjfa-28098	435	8	http://dx.doi	http://dx.doi	NOUN
cjfa-28098	435	9	.	.	PUNCT
cjfa-28098	436	1	org/10.2139	org/10.2139	PROPN
cjfa-28098	436	2	/	/	SYM
cjfa-28098	436	3	ssrn.354820	ssrn.354820	NOUN
cjfa-28098	436	4	.	.	PUNCT
cjfa-28098	437	1	bhagat	bhagat	PROPN
cjfa-28098	437	2	,	,	PUNCT
cjfa-28098	437	3	s.	s.	PROPN
cjfa-28098	437	4	,	,	PUNCT
cjfa-28098	437	5	&	&	CCONJ
cjfa-28098	437	6	black	black	PROPN
cjfa-28098	437	7	,	,	PUNCT
cjfa-28098	437	8	b.	b.	PROPN
cjfa-28098	437	9	(	(	PUNCT
cjfa-28098	437	10	1999	1999	NUM
cjfa-28098	437	11	)	)	PUNCT
cjfa-28098	437	12	.	.	PUNCT
cjfa-28098	438	1	the	the	DET
cjfa-28098	438	2	uncertain	uncertain	ADJ
cjfa-28098	438	3	relationship	relationship	NOUN
cjfa-28098	438	4	between	between	ADP
cjfa-28098	438	5	board	board	NOUN
cjfa-28098	438	6	composition	composition	NOUN
cjfa-28098	438	7	and	and	CCONJ
cjfa-28098	438	8	firm	firm	ADJ
cjfa-28098	438	9	performance	performance	NOUN
cjfa-28098	438	10	.	.	PUNCT
cjfa-28098	439	1	the	the	DET
cjfa-28098	439	2	business	business	NOUN
cjfa-28098	439	3	lawyer	lawyer	NOUN
cjfa-28098	439	4	,	,	PUNCT
cjfa-28098	439	5	54(3	54(3	NUM
cjfa-28098	439	6	)	)	PUNCT
cjfa-28098	439	7	,	,	PUNCT
cjfa-28098	439	8	921–963	921–963	NUM
cjfa-28098	439	9	.	.	PUNCT
cjfa-28098	439	10	http://dx.doi	http://dx.doi	NOUN
cjfa-28098	439	11	.	.	PUNCT
cjfa-28098	440	1	org/10.2139	org/10.2139	PROPN
cjfa-28098	440	2	/	/	SYM
cjfa-28098	440	3	ssrn.11417	ssrn.11417	PROPN
cjfa-28098	440	4	.	.	PROPN
cjfa-28098	440	5	blair	blair	PROPN
cjfa-28098	440	6	,	,	PUNCT
cjfa-28098	440	7	m.m	m.m	PROPN
cjfa-28098	440	8	.	.	PROPN
cjfa-28098	440	9	(	(	PUNCT
cjfa-28098	440	10	1995	1995	NUM
cjfa-28098	440	11	)	)	PUNCT
cjfa-28098	440	12	.	.	PUNCT
cjfa-28098	441	1	rethinking	rethink	VERB
cjfa-28098	441	2	assumptions	assumption	NOUN
cjfa-28098	441	3	behind	behind	ADP
cjfa-28098	441	4	corporate	corporate	ADJ
cjfa-28098	441	5	governance	governance	NOUN
cjfa-28098	441	6	.	.	PUNCT
cjfa-28098	442	1	challenge	challenge	NOUN
cjfa-28098	442	2	,	,	PUNCT
cjfa-28098	442	3	38	38	NUM
cjfa-28098	442	4	,	,	PUNCT
cjfa-28098	442	5	12–17	12–17	NUM
cjfa-28098	442	6	.	.	PUNCT
cjfa-28098	443	1	http://dx.doi.org/10.1080/05775132.1995.11471861	http://dx.doi.org/10.1080/05775132.1995.11471861	PROPN
cjfa-28098	443	2	.	.	PUNCT
cjfa-28098	444	1	the	the	DET
cjfa-28098	444	2	transformation	transformation	NOUN
cjfa-28098	444	3	of	of	ADP
cjfa-28098	444	4	the	the	DET
cjfa-28098	444	5	corporate	corporate	ADJ
cjfa-28098	444	6	governance	governance	NOUN
cjfa-28098	444	7	model	model	NOUN
cjfa-28098	444	8	…	…	PUNCT
cjfa-28098	444	9	37	37	NUM
cjfa-28098	444	10	blair	blair	PROPN
cjfa-28098	444	11	,	,	PUNCT
cjfa-28098	444	12	m.m	m.m	PROPN
cjfa-28098	444	13	.	.	PROPN
cjfa-28098	444	14	(	(	PUNCT
cjfa-28098	444	15	1996	1996	NUM
cjfa-28098	444	16	)	)	PUNCT
cjfa-28098	444	17	.	.	PUNCT
cjfa-28098	445	1	ownership	ownership	NOUN
cjfa-28098	445	2	and	and	CCONJ
cjfa-28098	445	3	control	control	NOUN
cjfa-28098	445	4	:	:	PUNCT
cjfa-28098	445	5	rethinking	rethink	VERB
cjfa-28098	445	6	corporate	corporate	ADJ
cjfa-28098	445	7	governance	governance	NOUN
cjfa-28098	445	8	for	for	ADP
cjfa-28098	445	9	the	the	DET
cjfa-28098	445	10	twenty	twenty	NUM
cjfa-28098	445	11	-	-	PUNCT
cjfa-28098	445	12	first	first	ADJ
cjfa-28098	445	13	century	century	NOUN
cjfa-28098	445	14	.	.	PUNCT
cjfa-28098	446	1	long	long	ADJ
cjfa-28098	446	2	range	range	NOUN
cjfa-28098	446	3	planning	planning	NOUN
cjfa-28098	446	4	,	,	PUNCT
cjfa-28098	446	5	29	29	NUM
cjfa-28098	446	6	,	,	PUNCT
cjfa-28098	446	7	432–432	432–432	NUM
cjfa-28098	446	8	.	.	PUNCT
cjfa-28098	447	1	http://dx.doi.org/10.1080/	http://dx.doi.org/10.1080/	NOUN
cjfa-28098	447	2	05775132.1996.11471895	05775132.1996.11471895	PROPN
cjfa-28098	447	3	.	.	PUNCT
cjfa-28098	448	1	blair	blair	PROPN
cjfa-28098	448	2	,	,	PUNCT
cjfa-28098	448	3	m.m	m.m	PROPN
cjfa-28098	448	4	.	.	PROPN
cjfa-28098	448	5	,	,	PUNCT
cjfa-28098	448	6	&	&	CCONJ
cjfa-28098	448	7	stout	stout	PROPN
cjfa-28098	448	8	,	,	PUNCT
cjfa-28098	448	9	l.a	l.a	PROPN
cjfa-28098	448	10	.	.	PROPN
cjfa-28098	448	11	(	(	PUNCT
cjfa-28098	448	12	1999	1999	NUM
cjfa-28098	448	13	)	)	PUNCT
cjfa-28098	448	14	.	.	PUNCT
cjfa-28098	449	1	response	response	NOUN
cjfa-28098	449	2	to	to	ADP
cjfa-28098	449	3	peter	peter	PROPN
cjfa-28098	449	4	c.	c.	PROPN
cjfa-28098	449	5	kostant	kostant	PROPN
cjfa-28098	449	6	’s	’s	PART
cjfa-28098	449	7	”	"	PUNCT
cjfa-28098	449	8	exit	exit	NOUN
cjfa-28098	449	9	,	,	PUNCT
cjfa-28098	449	10	voice	voice	NOUN
cjfa-28098	449	11	and	and	CCONJ
cjfa-28098	449	12	loyalty	loyalty	NOUN
cjfa-28098	449	13	in	in	ADP
cjfa-28098	449	14	the	the	DET
cjfa-28098	449	15	course	course	NOUN
cjfa-28098	449	16	of	of	ADP
cjfa-28098	449	17	corporate	corporate	ADJ
cjfa-28098	449	18	governance	governance	NOUN
cjfa-28098	449	19	and	and	CCONJ
cjfa-28098	449	20	counsel	counsel	NOUN
cjfa-28098	449	21	’s	’s	PART
cjfa-28098	449	22	changing	change	VERB
cjfa-28098	449	23	role	role	NOUN
cjfa-28098	449	24	”	"	PUNCT
cjfa-28098	449	25	.	.	PUNCT
cjfa-28098	450	1	the	the	DET
cjfa-28098	450	2	journal	journal	PROPN
cjfa-28098	450	3	of	of	ADP
cjfa-28098	450	4	socio	socio	NOUN
cjfa-28098	450	5	-	-	PUNCT
cjfa-28098	450	6	economics	economic	NOUN
cjfa-28098	450	7	,	,	PUNCT
cjfa-28098	450	8	28	28	NUM
cjfa-28098	450	9	,	,	PUNCT
cjfa-28098	450	10	251–251	251–251	NUM
cjfa-28098	450	11	.	.	PUNCT
cjfa-28098	451	1	borokhovich	borokhovich	PROPN
cjfa-28098	451	2	,	,	PUNCT
cjfa-28098	451	3	k.a	k.a	PROPN
cjfa-28098	451	4	.	.	PROPN
cjfa-28098	451	5	,	,	PUNCT
cjfa-28098	451	6	parrino	parrino	PROPN
cjfa-28098	451	7	,	,	PUNCT
cjfa-28098	451	8	r.	r.	PROPN
cjfa-28098	451	9	,	,	PUNCT
cjfa-28098	451	10	&	&	CCONJ
cjfa-28098	451	11	trapani	trapani	PROPN
cjfa-28098	451	12	,	,	PUNCT
cjfa-28098	451	13	t.	t.	PROPN
cjfa-28098	451	14	(	(	PUNCT
cjfa-28098	451	15	1996	1996	NUM
cjfa-28098	451	16	)	)	PUNCT
cjfa-28098	451	17	.	.	PUNCT
cjfa-28098	452	1	outside	outside	ADJ
cjfa-28098	452	2	directors	director	NOUN
cjfa-28098	452	3	and	and	CCONJ
cjfa-28098	452	4	ceo	ceo	NOUN
cjfa-28098	452	5	selection	selection	NOUN
cjfa-28098	452	6	.	.	PUNCT
cjfa-28098	453	1	journal	journal	PROPN
cjfa-28098	453	2	of	of	ADP
cjfa-28098	453	3	financial	financial	ADJ
cjfa-28098	453	4	and	and	CCONJ
cjfa-28098	453	5	quantitative	quantitative	ADJ
cjfa-28098	453	6	analysis	analysis	NOUN
cjfa-28098	453	7	,	,	PUNCT
cjfa-28098	453	8	31	31	NUM
cjfa-28098	453	9	,	,	PUNCT
cjfa-28098	453	10	337–355	337–355	NUM
cjfa-28098	453	11	.	.	PUNCT
cjfa-28098	454	1	http://dx.doi	http://dx.doi	NOUN
cjfa-28098	454	2	.	.	PUNCT
cjfa-28098	455	1	org/10.2307/2331395	org/10.2307/2331395	PROPN
cjfa-28098	455	2	.	.	PUNCT
cjfa-28098	455	3	brenner	brenner	PROPN
cjfa-28098	455	4	,	,	PUNCT
cjfa-28098	455	5	s.n	s.n	PROPN
cjfa-28098	455	6	.	.	PROPN
cjfa-28098	455	7	,	,	PUNCT
cjfa-28098	455	8	&	&	CCONJ
cjfa-28098	455	9	molander	molander	PROPN
cjfa-28098	455	10	,	,	PUNCT
cjfa-28098	455	11	e.a	e.a	PROPN
cjfa-28098	455	12	.	.	PROPN
cjfa-28098	456	1	(	(	PUNCT
cjfa-28098	456	2	1977	1977	NUM
cjfa-28098	456	3	)	)	PUNCT
cjfa-28098	456	4	.	.	PUNCT
cjfa-28098	457	1	is	be	AUX
cjfa-28098	457	2	ethics	ethic	NOUN
cjfa-28098	457	3	of	of	ADP
cjfa-28098	457	4	business	business	NOUN
cjfa-28098	457	5	changing	change	VERB
cjfa-28098	457	6	.	.	PUNCT
cjfa-28098	458	1	harvard	harvard	PROPN
cjfa-28098	458	2	business	business	PROPN
cjfa-28098	458	3	review	review	PROPN
cjfa-28098	458	4	,	,	PUNCT
cjfa-28098	458	5	55	55	NUM
cjfa-28098	458	6	,	,	PUNCT
cjfa-28098	458	7	57–71	57–71	NUM
cjfa-28098	458	8	.	.	PUNCT
cjfa-28098	459	1	brickley	brickley	PROPN
cjfa-28098	459	2	,	,	PUNCT
cjfa-28098	459	3	j.a	j.a	PROPN
cjfa-28098	459	4	.	.	PROPN
cjfa-28098	459	5	,	,	PUNCT
cjfa-28098	459	6	coles	coles	PROPN
cjfa-28098	459	7	,	,	PUNCT
cjfa-28098	459	8	j.l	j.l	PROPN
cjfa-28098	459	9	.	.	PROPN
cjfa-28098	459	10	,	,	PUNCT
cjfa-28098	459	11	&	&	CCONJ
cjfa-28098	459	12	terry	terry	PROPN
cjfa-28098	459	13	,	,	PUNCT
cjfa-28098	459	14	r.l	r.l	PROPN
cjfa-28098	459	15	.	.	PROPN
cjfa-28098	459	16	(	(	PUNCT
cjfa-28098	459	17	1994	1994	NUM
cjfa-28098	459	18	)	)	PUNCT
cjfa-28098	459	19	.	.	PUNCT
cjfa-28098	460	1	outside	outside	ADJ
cjfa-28098	460	2	directors	director	NOUN
cjfa-28098	460	3	and	and	CCONJ
cjfa-28098	460	4	the	the	DET
cjfa-28098	460	5	adoption	adoption	NOUN
cjfa-28098	460	6	of	of	ADP
cjfa-28098	460	7	poison	poison	NOUN
cjfa-28098	460	8	pills	pill	NOUN
cjfa-28098	460	9	.	.	PUNCT
cjfa-28098	461	1	journal	journal	PROPN
cjfa-28098	461	2	of	of	ADP
cjfa-28098	461	3	financial	financial	ADJ
cjfa-28098	461	4	economics	economic	NOUN
cjfa-28098	461	5	,	,	PUNCT
cjfa-28098	461	6	35	35	NUM
cjfa-28098	461	7	,	,	PUNCT
cjfa-28098	461	8	371–390	371–390	NUM
cjfa-28098	461	9	.	.	PUNCT
cjfa-28098	462	1	http://dx.doi.org/10.1016/0304405x(94)90038-8	http://dx.doi.org/10.1016/0304405x(94)90038-8	NOUN
cjfa-28098	462	2	.	.	PUNCT
cjfa-28098	463	1	buck	buck	NOUN
cjfa-28098	463	2	,	,	PUNCT
cjfa-28098	463	3	t.	t.	PROPN
cjfa-28098	463	4	,	,	PUNCT
cjfa-28098	463	5	&	&	CCONJ
cjfa-28098	463	6	shahrim	shahrim	PROPN
cjfa-28098	463	7	,	,	PUNCT
cjfa-28098	463	8	a.	a.	NOUN
cjfa-28098	463	9	(	(	PUNCT
cjfa-28098	463	10	2005	2005	NUM
cjfa-28098	463	11	)	)	PUNCT
cjfa-28098	463	12	.	.	PUNCT
cjfa-28098	464	1	the	the	DET
cjfa-28098	464	2	translation	translation	NOUN
cjfa-28098	464	3	of	of	ADP
cjfa-28098	464	4	corporate	corporate	ADJ
cjfa-28098	464	5	governance	governance	NOUN
cjfa-28098	464	6	changes	change	NOUN
cjfa-28098	464	7	across	across	ADP
cjfa-28098	464	8	national	national	ADJ
cjfa-28098	464	9	cultures	culture	NOUN
cjfa-28098	464	10	:	:	PUNCT
cjfa-28098	464	11	the	the	DET
cjfa-28098	464	12	case	case	NOUN
cjfa-28098	464	13	of	of	ADP
cjfa-28098	464	14	germany	germany	PROPN
cjfa-28098	464	15	.	.	PUNCT
cjfa-28098	465	1	journal	journal	PROPN
cjfa-28098	465	2	of	of	ADP
cjfa-28098	465	3	international	international	ADJ
cjfa-28098	465	4	business	business	NOUN
cjfa-28098	465	5	studies	study	NOUN
cjfa-28098	465	6	,	,	PUNCT
cjfa-28098	465	7	36	36	NUM
cjfa-28098	465	8	,	,	PUNCT
cjfa-28098	465	9	42–61	42–61	NUM
cjfa-28098	465	10	.	.	PUNCT
cjfa-28098	466	1	http://dx.doi.org/10.1057/palgrave.jibs.8400109	http://dx.doi.org/10.1057/palgrave.jibs.8400109	PROPN
cjfa-28098	466	2	.	.	PUNCT
cjfa-28098	467	1	byard	byard	ADV
cjfa-28098	467	2	,	,	PUNCT
cjfa-28098	467	3	d.	d.	PROPN
cjfa-28098	467	4	,	,	PUNCT
cjfa-28098	467	5	li	li	PROPN
cjfa-28098	467	6	,	,	PUNCT
cjfa-28098	467	7	y.	y.	PROPN
cjfa-28098	467	8	,	,	PUNCT
cjfa-28098	467	9	&	&	CCONJ
cjfa-28098	467	10	weintrop	weintrop	PROPN
cjfa-28098	467	11	,	,	PUNCT
cjfa-28098	467	12	j.	j.	PROPN
cjfa-28098	467	13	(	(	PUNCT
cjfa-28098	467	14	2006	2006	NUM
cjfa-28098	467	15	)	)	PUNCT
cjfa-28098	467	16	.	.	PUNCT
cjfa-28098	468	1	corporate	corporate	ADJ
cjfa-28098	468	2	governance	governance	NOUN
cjfa-28098	468	3	and	and	CCONJ
cjfa-28098	468	4	the	the	DET
cjfa-28098	468	5	quality	quality	NOUN
cjfa-28098	468	6	of	of	ADP
cjfa-28098	468	7	financial	financial	ADJ
cjfa-28098	468	8	analysts	analyst	NOUN
cjfa-28098	468	9	’	’	PART
cjfa-28098	468	10	information	information	NOUN
cjfa-28098	468	11	.	.	PUNCT
cjfa-28098	469	1	journal	journal	NOUN
cjfa-28098	469	2	of	of	ADP
cjfa-28098	469	3	accounting	accounting	NOUN
cjfa-28098	469	4	and	and	CCONJ
cjfa-28098	469	5	public	public	ADJ
cjfa-28098	469	6	policy	policy	NOUN
cjfa-28098	469	7	,	,	PUNCT
cjfa-28098	469	8	25	25	NUM
cjfa-28098	469	9	,	,	PUNCT
cjfa-28098	469	10	609–625	609–625	NUM
cjfa-28098	469	11	.	.	PUNCT
cjfa-28098	470	1	http://	http://	PROPN
cjfa-28098	470	2	dx.doi.org/10.1016/j.jaccpubpol.2006.07.003	dx.doi.org/10.1016/j.jaccpubpol.2006.07.003	PROPN
cjfa-28098	470	3	.	.	PUNCT
cjfa-28098	471	1	byrd	byrd	PROPN
cjfa-28098	471	2	,	,	PUNCT
cjfa-28098	471	3	j.w	j.w	PROPN
cjfa-28098	471	4	.	.	PROPN
cjfa-28098	471	5	,	,	PUNCT
cjfa-28098	471	6	&	&	CCONJ
cjfa-28098	471	7	hickman	hickman	PROPN
cjfa-28098	471	8	,	,	PUNCT
cjfa-28098	471	9	k.a	k.a	PROPN
cjfa-28098	471	10	.	.	PROPN
cjfa-28098	471	11	(	(	PUNCT
cjfa-28098	471	12	1992	1992	NUM
cjfa-28098	471	13	)	)	PUNCT
cjfa-28098	471	14	.	.	PUNCT
cjfa-28098	472	1	do	do	AUX
cjfa-28098	472	2	outside	outside	ADJ
cjfa-28098	472	3	directors	director	NOUN
cjfa-28098	472	4	monitor	monitor	VERB
cjfa-28098	472	5	managers	manager	NOUN
cjfa-28098	472	6	?	?	PUNCT
cjfa-28098	472	7	:	:	PUNCT
cjfa-28098	473	1	evidence	evidence	NOUN
cjfa-28098	473	2	from	from	ADP
cjfa-28098	473	3	tender	tender	ADJ
cjfa-28098	473	4	offer	offer	NOUN
cjfa-28098	473	5	bids	bid	NOUN
cjfa-28098	473	6	.	.	PUNCT
cjfa-28098	474	1	journal	journal	NOUN
cjfa-28098	474	2	of	of	ADP
cjfa-28098	474	3	financial	financial	ADJ
cjfa-28098	474	4	economics	economic	NOUN
cjfa-28098	474	5	,	,	PUNCT
cjfa-28098	474	6	32	32	NUM
cjfa-28098	474	7	,	,	PUNCT
cjfa-28098	474	8	195–221	195–221	NUM
cjfa-28098	474	9	.	.	PUNCT
cjfa-28098	475	1	https://dx.doi	https://dx.doi	NOUN
cjfa-28098	475	2	.	.	PUNCT
cjfa-28098	476	1	org/10.1016/0304	org/10.1016/0304	NUM
cjfa-28098	476	2	-	-	PUNCT
cjfa-28098	476	3	405x(92)90018	405x(92)90018	NOUN
cjfa-28098	476	4	-	-	PUNCT
cjfa-28098	476	5	s.	s.	PROPN
cjfa-28098	476	6	cadbury	cadbury	PROPN
cjfa-28098	476	7	,	,	PUNCT
cjfa-28098	476	8	a.	a.	NOUN
cjfa-28098	476	9	(	(	PUNCT
cjfa-28098	476	10	1992a	1992a	NUM
cjfa-28098	476	11	)	)	PUNCT
cjfa-28098	476	12	.	.	PUNCT
cjfa-28098	477	1	the	the	DET
cjfa-28098	477	2	code	code	NOUN
cjfa-28098	477	3	of	of	ADP
cjfa-28098	477	4	best	good	ADJ
cjfa-28098	477	5	practice	practice	NOUN
cjfa-28098	477	6	.	.	PUNCT
cjfa-28098	478	1	report	report	NOUN
cjfa-28098	478	2	of	of	ADP
cjfa-28098	478	3	the	the	DET
cjfa-28098	478	4	committee	committee	NOUN
cjfa-28098	478	5	on	on	ADP
cjfa-28098	478	6	the	the	DET
cjfa-28098	478	7	financial	financial	ADJ
cjfa-28098	478	8	aspects	aspect	NOUN
cjfa-28098	478	9	of	of	ADP
cjfa-28098	478	10	corporate	corporate	ADJ
cjfa-28098	478	11	governance	governance	NOUN
cjfa-28098	478	12	.	.	PUNCT
cjfa-28098	479	1	gee	gee	INTJ
cjfa-28098	479	2	and	and	CCONJ
cjfa-28098	479	3	co	co	PROPN
cjfa-28098	479	4	ltd	ltd	PROPN
cjfa-28098	479	5	,	,	PUNCT
cjfa-28098	479	6	27	27	NUM
cjfa-28098	479	7	.	.	PUNCT
cjfa-28098	480	1	cadbury	cadbury	PROPN
cjfa-28098	480	2	,	,	PUNCT
cjfa-28098	480	3	a.	a.	NOUN
cjfa-28098	480	4	(	(	PUNCT
cjfa-28098	480	5	1992b	1992b	NUM
cjfa-28098	480	6	)	)	PUNCT
cjfa-28098	480	7	.	.	PUNCT
cjfa-28098	481	1	report	report	NOUN
cjfa-28098	481	2	of	of	ADP
cjfa-28098	481	3	the	the	DET
cjfa-28098	481	4	committee	committee	NOUN
cjfa-28098	481	5	on	on	ADP
cjfa-28098	481	6	the	the	DET
cjfa-28098	481	7	financial	financial	ADJ
cjfa-28098	481	8	aspects	aspect	NOUN
cjfa-28098	481	9	of	of	ADP
cjfa-28098	481	10	corporate	corporate	ADJ
cjfa-28098	481	11	governance	governance	NOUN
cjfa-28098	481	12	.	.	PUNCT
cjfa-28098	482	1	gee	gee	INTJ
cjfa-28098	482	2	.	.	PUNCT
cjfa-28098	483	1	campbell	campbell	PROPN
cjfa-28098	483	2	,	,	PUNCT
cjfa-28098	483	3	j.l	j.l	PROPN
cjfa-28098	483	4	.	.	PROPN
cjfa-28098	483	5	(	(	PUNCT
cjfa-28098	483	6	2007	2007	NUM
cjfa-28098	483	7	)	)	PUNCT
cjfa-28098	483	8	.	.	PUNCT
cjfa-28098	484	1	why	why	SCONJ
cjfa-28098	484	2	would	would	AUX
cjfa-28098	484	3	corporations	corporation	NOUN
cjfa-28098	484	4	behave	behave	VERB
cjfa-28098	484	5	in	in	ADP
cjfa-28098	484	6	socially	socially	ADV
cjfa-28098	484	7	responsible	responsible	ADJ
cjfa-28098	484	8	ways	way	NOUN
cjfa-28098	484	9	?	?	PUNCT
cjfa-28098	485	1	an	an	DET
cjfa-28098	485	2	institutional	institutional	ADJ
cjfa-28098	485	3	theory	theory	NOUN
cjfa-28098	485	4	of	of	ADP
cjfa-28098	485	5	corporate	corporate	ADJ
cjfa-28098	485	6	social	social	ADJ
cjfa-28098	485	7	responsibility	responsibility	NOUN
cjfa-28098	485	8	.	.	PUNCT
cjfa-28098	486	1	academy	academy	PROPN
cjfa-28098	486	2	of	of	ADP
cjfa-28098	486	3	management	management	PROPN
cjfa-28098	486	4	review	review	NOUN
cjfa-28098	486	5	,	,	PUNCT
cjfa-28098	486	6	32	32	NUM
cjfa-28098	486	7	,	,	PUNCT
cjfa-28098	486	8	946–967	946–967	NUM
cjfa-28098	486	9	.	.	PUNCT
cjfa-28098	487	1	http://dx.doi.org/10.5465/amr.2007.25275684	http://dx.doi.org/10.5465/amr.2007.25275684	INTJ
cjfa-28098	487	2	.	.	PUNCT
cjfa-28098	488	1	carney	carney	PROPN
cjfa-28098	488	2	,	,	PUNCT
cjfa-28098	488	3	m.	m.	NOUN
cjfa-28098	488	4	,	,	PUNCT
cjfa-28098	488	5	gedajlovic	gedajlovic	PROPN
cjfa-28098	488	6	,	,	PUNCT
cjfa-28098	488	7	e.	e.	PROPN
cjfa-28098	488	8	,	,	PUNCT
cjfa-28098	488	9	&	&	CCONJ
cjfa-28098	488	10	sur	sur	PROPN
cjfa-28098	488	11	,	,	PUNCT
cjfa-28098	488	12	s.	s.	PROPN
cjfa-28098	488	13	(	(	PUNCT
cjfa-28098	488	14	2011	2011	NUM
cjfa-28098	488	15	)	)	PUNCT
cjfa-28098	488	16	.	.	PUNCT
cjfa-28098	489	1	corporate	corporate	ADJ
cjfa-28098	489	2	governance	governance	NOUN
cjfa-28098	489	3	and	and	CCONJ
cjfa-28098	489	4	stakeholder	stakeholder	NOUN
cjfa-28098	489	5	conflict	conflict	NOUN
cjfa-28098	489	6	.	.	PUNCT
cjfa-28098	490	1	journal	journal	PROPN
cjfa-28098	490	2	of	of	ADP
cjfa-28098	490	3	management	management	NOUN
cjfa-28098	490	4	&	&	CCONJ
cjfa-28098	490	5	governance	governance	NOUN
cjfa-28098	490	6	,	,	PUNCT
cjfa-28098	490	7	15	15	NUM
cjfa-28098	490	8	,	,	PUNCT
cjfa-28098	490	9	483–507	483–507	NUM
cjfa-28098	490	10	.	.	PUNCT
cjfa-28098	491	1	http://dx.doi.org/10.1007/	http://dx.doi.org/10.1007/	PROPN
cjfa-28098	491	2	s10997	s10997	PROPN
cjfa-28098	491	3	-	-	PUNCT
cjfa-28098	491	4	010	010	NUM
cjfa-28098	491	5	-	-	PUNCT
cjfa-28098	491	6	9135	9135	NUM
cjfa-28098	491	7	-	-	PUNCT
cjfa-28098	491	8	4	4	NUM
cjfa-28098	491	9	.	.	PUNCT
cjfa-28098	491	10	cernat	cernat	NOUN
cjfa-28098	491	11	,	,	PUNCT
cjfa-28098	491	12	l.	l.	PROPN
cjfa-28098	491	13	(	(	PUNCT
cjfa-28098	491	14	2004	2004	NUM
cjfa-28098	491	15	)	)	PUNCT
cjfa-28098	491	16	.	.	PUNCT
cjfa-28098	492	1	the	the	DET
cjfa-28098	492	2	emerging	emerge	VERB
cjfa-28098	492	3	european	european	ADJ
cjfa-28098	492	4	corporate	corporate	ADJ
cjfa-28098	492	5	governance	governance	NOUN
cjfa-28098	492	6	model	model	NOUN
cjfa-28098	492	7	:	:	PUNCT
cjfa-28098	492	8	anglo	anglo	ADJ
cjfa-28098	492	9	-	-	PUNCT
cjfa-28098	492	10	saxon	saxon	NOUN
cjfa-28098	492	11	,	,	PUNCT
cjfa-28098	492	12	continental	continental	ADJ
cjfa-28098	492	13	,	,	PUNCT
cjfa-28098	492	14	or	or	CCONJ
cjfa-28098	492	15	still	still	ADV
cjfa-28098	492	16	the	the	DET
cjfa-28098	492	17	century	century	NOUN
cjfa-28098	492	18	of	of	ADP
cjfa-28098	492	19	diversity	diversity	NOUN
cjfa-28098	492	20	?	?	PUNCT
cjfa-28098	493	1	journal	journal	NOUN
cjfa-28098	493	2	of	of	ADP
cjfa-28098	493	3	european	european	ADJ
cjfa-28098	493	4	public	public	ADJ
cjfa-28098	493	5	policy	policy	NOUN
cjfa-28098	493	6	,	,	PUNCT
cjfa-28098	493	7	11	11	NUM
cjfa-28098	493	8	,	,	PUNCT
cjfa-28098	493	9	147–166	147–166	NUM
cjfa-28098	493	10	.	.	PUNCT
cjfa-28098	494	1	http://dx.doi.org/10.1080/1350176042000164343	http://dx.doi.org/10.1080/1350176042000164343	PROPN
cjfa-28098	494	2	.	.	PUNCT
cjfa-28098	495	1	charreaux	charreaux	PROPN
cjfa-28098	495	2	,	,	PUNCT
cjfa-28098	495	3	g.	g.	PROPN
cjfa-28098	495	4	(	(	PUNCT
cjfa-28098	495	5	1997	1997	NUM
cjfa-28098	495	6	)	)	PUNCT
cjfa-28098	495	7	.	.	PUNCT
cjfa-28098	496	1	le	le	PROPN
cjfa-28098	496	2	gouvernement	gouvernement	PROPN
cjfa-28098	496	3	des	des	PROPN
cjfa-28098	496	4	entreprises	entreprises	PROPN
cjfa-28098	496	5	:	:	PUNCT
cjfa-28098	496	6	corporate	corporate	ADJ
cjfa-28098	496	7	governance	governance	NOUN
cjfa-28098	496	8	:	:	PUNCT
cjfa-28098	496	9	théories	théorie	VERB
cjfa-28098	496	10	et	et	NOUN
cjfa-28098	496	11	faits	fait	NOUN
cjfa-28098	496	12	.	.	PUNCT
cjfa-28098	497	1	chen	chen	PROPN
cjfa-28098	497	2	,	,	PUNCT
cjfa-28098	497	3	g.	g.	PROPN
cjfa-28098	497	4	,	,	PUNCT
cjfa-28098	497	5	firth	firth	PROPN
cjfa-28098	497	6	,	,	PUNCT
cjfa-28098	497	7	m.	m.	NOUN
cjfa-28098	497	8	,	,	PUNCT
cjfa-28098	497	9	gao	gao	PROPN
cjfa-28098	497	10	,	,	PUNCT
cjfa-28098	497	11	d.n	d.n	PROPN
cjfa-28098	497	12	.	.	PROPN
cjfa-28098	497	13	,	,	PUNCT
cjfa-28098	497	14	&	&	CCONJ
cjfa-28098	497	15	rui	rui	PROPN
cjfa-28098	497	16	,	,	PUNCT
cjfa-28098	497	17	o.m	o.m	PROPN
cjfa-28098	497	18	.	.	PUNCT
cjfa-28098	497	19	(	(	PUNCT
cjfa-28098	497	20	2006	2006	NUM
cjfa-28098	497	21	)	)	PUNCT
cjfa-28098	497	22	.	.	PUNCT
cjfa-28098	498	1	ownership	ownership	NOUN
cjfa-28098	498	2	structure	structure	NOUN
cjfa-28098	498	3	,	,	PUNCT
cjfa-28098	498	4	corporate	corporate	ADJ
cjfa-28098	498	5	governance	governance	NOUN
cjfa-28098	498	6	,	,	PUNCT
cjfa-28098	498	7	and	and	CCONJ
cjfa-28098	498	8	fraud	fraud	NOUN
cjfa-28098	498	9	:	:	PUNCT
cjfa-28098	498	10	evidence	evidence	NOUN
cjfa-28098	498	11	from	from	ADP
cjfa-28098	498	12	china	china	PROPN
cjfa-28098	498	13	.	.	PUNCT
cjfa-28098	499	1	journal	journal	PROPN
cjfa-28098	499	2	of	of	ADP
cjfa-28098	499	3	corporate	corporate	ADJ
cjfa-28098	499	4	finance	finance	NOUN
cjfa-28098	499	5	,	,	PUNCT
cjfa-28098	499	6	12	12	NUM
cjfa-28098	499	7	,	,	PUNCT
cjfa-28098	499	8	424–448	424–448	NUM
cjfa-28098	499	9	.	.	PUNCT
cjfa-28098	500	1	http://dx.doi.org/10.1016/j.jcorpfin.2005.09.002	http://dx.doi.org/10.1016/j.jcorpfin.2005.09.002	PROPN
cjfa-28098	500	2	.	.	PROPN
cjfa-28098	500	3	chung	chung	PROPN
cjfa-28098	500	4	,	,	PUNCT
cjfa-28098	500	5	k.h	k.h	PROPN
cjfa-28098	500	6	.	.	PROPN
cjfa-28098	500	7	,	,	PUNCT
cjfa-28098	500	8	&	&	CCONJ
cjfa-28098	500	9	jo	jo	PROPN
cjfa-28098	500	10	,	,	PUNCT
cjfa-28098	500	11	h.	h.	PROPN
cjfa-28098	500	12	(	(	PUNCT
cjfa-28098	500	13	1996	1996	NUM
cjfa-28098	500	14	)	)	PUNCT
cjfa-28098	500	15	.	.	PUNCT
cjfa-28098	501	1	the	the	DET
cjfa-28098	501	2	impact	impact	NOUN
cjfa-28098	501	3	of	of	ADP
cjfa-28098	501	4	security	security	NOUN
cjfa-28098	501	5	analysts	analyst	NOUN
cjfa-28098	501	6	’	’	PART
cjfa-28098	501	7	monitoring	monitoring	NOUN
cjfa-28098	501	8	and	and	CCONJ
cjfa-28098	501	9	marketing	marketing	NOUN
cjfa-28098	501	10	functions	function	NOUN
cjfa-28098	501	11	on	on	ADP
cjfa-28098	501	12	the	the	DET
cjfa-28098	501	13	market	market	NOUN
cjfa-28098	501	14	value	value	NOUN
cjfa-28098	501	15	of	of	ADP
cjfa-28098	501	16	firms	firm	NOUN
cjfa-28098	501	17	.	.	PUNCT
cjfa-28098	502	1	journal	journal	NOUN
cjfa-28098	502	2	of	of	ADP
cjfa-28098	502	3	financial	financial	ADJ
cjfa-28098	502	4	and	and	CCONJ
cjfa-28098	502	5	quantitative	quantitative	ADJ
cjfa-28098	502	6	analysis	analysis	NOUN
cjfa-28098	502	7	,	,	PUNCT
cjfa-28098	502	8	31	31	NUM
cjfa-28098	502	9	,	,	PUNCT
cjfa-28098	502	10	493–512	493–512	NUM
cjfa-28098	502	11	.	.	PUNCT
cjfa-28098	503	1	http://dx.doi.org/10.2307/2331357	http://dx.doi.org/10.2307/2331357	PROPN
cjfa-28098	503	2	.	.	PUNCT
cjfa-28098	504	1	atm	atm	PROPN
cjfa-28098	504	2	adnan	adnan	PROPN
cjfa-28098	504	3	,	,	PUNCT
cjfa-28098	504	4	nisar	nisar	PROPN
cjfa-28098	504	5	ahmed38	ahmed38	NOUN
cjfa-28098	504	6	claessens	claessen	NOUN
cjfa-28098	504	7	,	,	PUNCT
cjfa-28098	504	8	s.	s.	PROPN
cjfa-28098	504	9	,	,	PUNCT
cjfa-28098	504	10	&	&	CCONJ
cjfa-28098	504	11	yurtoglu	yurtoglu	PROPN
cjfa-28098	504	12	,	,	PUNCT
cjfa-28098	504	13	b.b	b.b	PROPN
cjfa-28098	504	14	.	.	PROPN
cjfa-28098	504	15	(	(	PUNCT
cjfa-28098	504	16	2013	2013	NUM
cjfa-28098	504	17	)	)	PUNCT
cjfa-28098	504	18	.	.	PUNCT
cjfa-28098	505	1	corporate	corporate	ADJ
cjfa-28098	505	2	governance	governance	NOUN
cjfa-28098	505	3	in	in	ADP
cjfa-28098	505	4	emerging	emerge	VERB
cjfa-28098	505	5	markets	market	NOUN
cjfa-28098	505	6	:	:	PUNCT
cjfa-28098	505	7	a	a	DET
cjfa-28098	505	8	survey	survey	NOUN
cjfa-28098	505	9	.	.	PUNCT
cjfa-28098	506	1	emerging	emerge	VERB
cjfa-28098	506	2	markets	market	NOUN
cjfa-28098	506	3	review	review	VERB
cjfa-28098	506	4	,	,	PUNCT
cjfa-28098	506	5	15	15	NUM
cjfa-28098	506	6	,	,	PUNCT
cjfa-28098	506	7	1–33	1–33	NOUN
cjfa-28098	506	8	.	.	PUNCT
cjfa-28098	507	1	http://dx.doi.org/10.2139/ssrn.1988880	http://dx.doi.org/10.2139/ssrn.1988880	PROPN
cjfa-28098	507	2	.	.	PUNCT
cjfa-28098	508	1	clarkson	clarkson	PROPN
cjfa-28098	508	2	,	,	PUNCT
cjfa-28098	508	3	m.e	m.e	PROPN
cjfa-28098	508	4	.	.	PROPN
cjfa-28098	508	5	(	(	PUNCT
cjfa-28098	508	6	1995	1995	NUM
cjfa-28098	508	7	)	)	PUNCT
cjfa-28098	508	8	.	.	PUNCT
cjfa-28098	509	1	a	a	DET
cjfa-28098	509	2	stakeholder	stakeholder	NOUN
cjfa-28098	509	3	framework	framework	NOUN
cjfa-28098	509	4	for	for	ADP
cjfa-28098	509	5	analyzing	analyze	VERB
cjfa-28098	509	6	and	and	CCONJ
cjfa-28098	509	7	evaluating	evaluate	VERB
cjfa-28098	509	8	corporate	corporate	ADJ
cjfa-28098	509	9	social	social	ADJ
cjfa-28098	509	10	performance	performance	NOUN
cjfa-28098	509	11	.	.	PUNCT
cjfa-28098	510	1	academy	academy	PROPN
cjfa-28098	510	2	of	of	ADP
cjfa-28098	510	3	management	management	PROPN
cjfa-28098	510	4	review	review	NOUN
cjfa-28098	510	5	,	,	PUNCT
cjfa-28098	510	6	20	20	NUM
cjfa-28098	510	7	,	,	PUNCT
cjfa-28098	510	8	92–117	92–117	NUM
cjfa-28098	510	9	.	.	PUNCT
cjfa-28098	510	10	http://dx.doi	http://dx.doi	NOUN
cjfa-28098	510	11	.	.	PUNCT
cjfa-28098	511	1	org/10.2307/258888	org/10.2307/258888	NOUN
cjfa-28098	511	2	.	.	PUNCT
cjfa-28098	512	1	coffee	coffee	PROPN
cjfa-28098	512	2	,	,	PUNCT
cjfa-28098	512	3	j.c	j.c	PROPN
cjfa-28098	512	4	.	.	PROPN
cjfa-28098	512	5	,	,	PUNCT
cjfa-28098	512	6	&	&	CCONJ
cjfa-28098	512	7	black	black	ADJ
cjfa-28098	512	8	,	,	PUNCT
cjfa-28098	512	9	b.s	b.s	PROPN
cjfa-28098	512	10	.	.	PROPN
cjfa-28098	512	11	(	(	PUNCT
cjfa-28098	512	12	1994	1994	NUM
cjfa-28098	512	13	)	)	PUNCT
cjfa-28098	512	14	.	.	PUNCT
cjfa-28098	513	1	hail	hail	PROPN
cjfa-28098	513	2	britannia	britannia	PROPN
cjfa-28098	513	3	?	?	PUNCT
cjfa-28098	513	4	:	:	PUNCT
cjfa-28098	513	5	institutional	institutional	ADJ
cjfa-28098	513	6	investor	investor	NOUN
cjfa-28098	513	7	behavior	behavior	NOUN
cjfa-28098	513	8	under	under	ADP
cjfa-28098	513	9	limited	limited	ADJ
cjfa-28098	513	10	regulation	regulation	NOUN
cjfa-28098	513	11	.	.	PUNCT
cjfa-28098	514	1	institutional	institutional	ADJ
cjfa-28098	514	2	investor	investor	NOUN
cjfa-28098	514	3	behavior	behavior	NOUN
cjfa-28098	514	4	under	under	ADP
cjfa-28098	514	5	limited	limited	ADJ
cjfa-28098	514	6	regulation	regulation	NOUN
cjfa-28098	514	7	.	.	PUNCT
cjfa-28098	515	1	as	as	SCONJ
cjfa-28098	515	2	published	publish	VERB
cjfa-28098	515	3	in	in	ADP
cjfa-28098	515	4	michigan	michigan	PROPN
cjfa-28098	515	5	law	law	PROPN
cjfa-28098	515	6	review	review	PROPN
cjfa-28098	515	7	,	,	PUNCT
cjfa-28098	515	8	92	92	NUM
cjfa-28098	515	9	,	,	PUNCT
cjfa-28098	515	10	1997–2087	1997–2087	NUM
cjfa-28098	515	11	.	.	PUNCT
cjfa-28098	515	12	http://dx.doi.org/10.2307/1289659	http://dx.doi.org/10.2307/1289659	PROPN
cjfa-28098	515	13	.	.	PUNCT
cjfa-28098	516	1	coffee	coffee	PROPN
cjfa-28098	516	2	jr	jr	PROPN
cjfa-28098	516	3	,	,	PUNCT
cjfa-28098	516	4	j.c	j.c	PROPN
cjfa-28098	516	5	.	.	PROPN
cjfa-28098	516	6	(	(	PUNCT
cjfa-28098	516	7	1999	1999	NUM
cjfa-28098	516	8	)	)	PUNCT
cjfa-28098	516	9	.	.	PUNCT
cjfa-28098	517	1	privatization	privatization	NOUN
cjfa-28098	517	2	and	and	CCONJ
cjfa-28098	517	3	corporate	corporate	ADJ
cjfa-28098	517	4	governance	governance	NOUN
cjfa-28098	517	5	:	:	PUNCT
cjfa-28098	517	6	the	the	DET
cjfa-28098	517	7	lessons	lesson	NOUN
cjfa-28098	517	8	from	from	ADP
cjfa-28098	517	9	securities	security	NOUN
cjfa-28098	517	10	market	market	NOUN
cjfa-28098	517	11	failure	failure	NOUN
cjfa-28098	517	12	.	.	PUNCT
cjfa-28098	518	1	j.	j.	PROPN
cjfa-28098	518	2	corp	corp	PROPN
cjfa-28098	518	3	.	.	PROPN
cjfa-28098	518	4	l.	l.	PROPN
cjfa-28098	518	5	,	,	PUNCT
cjfa-28098	518	6	25	25	NUM
cjfa-28098	518	7	,	,	PUNCT
cjfa-28098	518	8	1	1	NUM
cjfa-28098	518	9	.	.	PUNCT
cjfa-28098	518	10	http://dx.doi.org/10.2139/ssrn.215608	http://dx.doi.org/10.2139/ssrn.215608	NOUN
cjfa-28098	518	11	.	.	PUNCT
cjfa-28098	519	1	coles	coles	PROPN
cjfa-28098	519	2	,	,	PUNCT
cjfa-28098	519	3	j.	j.	PROPN
cjfa-28098	519	4	l.	l.	PROPN
cjfa-28098	519	5	,	,	PUNCT
cjfa-28098	519	6	&	&	CCONJ
cjfa-28098	519	7	hoi	hoi	PROPN
cjfa-28098	519	8	,	,	PUNCT
cjfa-28098	519	9	c.	c.	PROPN
cjfa-28098	519	10	k.	k.	PROPN
cjfa-28098	519	11	(	(	PUNCT
cjfa-28098	519	12	2003	2003	NUM
cjfa-28098	519	13	)	)	PUNCT
cjfa-28098	519	14	.	.	PUNCT
cjfa-28098	520	1	new	new	ADJ
cjfa-28098	520	2	evidence	evidence	NOUN
cjfa-28098	520	3	on	on	ADP
cjfa-28098	520	4	the	the	DET
cjfa-28098	520	5	market	market	NOUN
cjfa-28098	520	6	for	for	ADP
cjfa-28098	520	7	directors	director	NOUN
cjfa-28098	520	8	:	:	PUNCT
cjfa-28098	520	9	board	board	NOUN
cjfa-28098	520	10	membership	membership	NOUN
cjfa-28098	520	11	and	and	CCONJ
cjfa-28098	520	12	pennsylvania	pennsylvania	PROPN
cjfa-28098	520	13	senate	senate	PROPN
cjfa-28098	520	14	bill	bill	PROPN
cjfa-28098	520	15	1310	1310	NUM
cjfa-28098	520	16	.	.	PUNCT
cjfa-28098	521	1	the	the	DET
cjfa-28098	521	2	journal	journal	NOUN
cjfa-28098	521	3	of	of	ADP
cjfa-28098	521	4	finance	finance	NOUN
cjfa-28098	521	5	,	,	PUNCT
cjfa-28098	521	6	58	58	NUM
cjfa-28098	521	7	,	,	PUNCT
cjfa-28098	521	8	197–230	197–230	NUM
cjfa-28098	521	9	.	.	PUNCT
cjfa-28098	522	1	http://dx.doi.org/10.1111/1540-6261.00522	http://dx.doi.org/10.1111/1540-6261.00522	PROPN
cjfa-28098	522	2	.	.	PUNCT
cjfa-28098	523	1	connelly	connelly	PROPN
cjfa-28098	523	2	,	,	PUNCT
cjfa-28098	523	3	b.l	b.l	PROPN
cjfa-28098	523	4	.	.	PROPN
cjfa-28098	523	5	,	,	PUNCT
cjfa-28098	523	6	hoskisson	hoskisson	PROPN
cjfa-28098	523	7	,	,	PUNCT
cjfa-28098	523	8	r.e	r.e	PROPN
cjfa-28098	523	9	.	.	PROPN
cjfa-28098	523	10	,	,	PUNCT
cjfa-28098	523	11	tihanyi	tihanyi	PROPN
cjfa-28098	523	12	,	,	PUNCT
cjfa-28098	523	13	l.	l.	PROPN
cjfa-28098	523	14	,	,	PUNCT
cjfa-28098	523	15	&	&	CCONJ
cjfa-28098	523	16	certo	certo	PROPN
cjfa-28098	523	17	,	,	PUNCT
cjfa-28098	523	18	s.t	s.t	PROPN
cjfa-28098	523	19	.	.	PROPN
cjfa-28098	523	20	(	(	PUNCT
cjfa-28098	523	21	2010	2010	NUM
cjfa-28098	523	22	)	)	PUNCT
cjfa-28098	523	23	.	.	PUNCT
cjfa-28098	524	1	ownership	ownership	NOUN
cjfa-28098	524	2	as	as	ADP
cjfa-28098	524	3	a	a	DET
cjfa-28098	524	4	form	form	NOUN
cjfa-28098	524	5	of	of	ADP
cjfa-28098	524	6	corporate	corporate	ADJ
cjfa-28098	524	7	governance	governance	NOUN
cjfa-28098	524	8	.	.	PUNCT
cjfa-28098	525	1	journal	journal	NOUN
cjfa-28098	525	2	of	of	ADP
cjfa-28098	525	3	management	management	NOUN
cjfa-28098	525	4	studies	study	NOUN
cjfa-28098	525	5	,	,	PUNCT
cjfa-28098	525	6	47	47	NUM
cjfa-28098	525	7	,	,	PUNCT
cjfa-28098	525	8	1561–1589	1561–1589	NUM
cjfa-28098	525	9	.	.	PUNCT
cjfa-28098	526	1	http://	http://	PROPN
cjfa-28098	526	2	dx.doi.org/10.1111/j.1467-6486.2010.00929.x	dx.doi.org/10.1111/j.1467-6486.2010.00929.x	PROPN
cjfa-28098	526	3	.	.	PUNCT
cjfa-28098	527	1	conyon	conyon	NOUN
cjfa-28098	527	2	,	,	PUNCT
cjfa-28098	527	3	m.j	m.j	PROPN
cjfa-28098	527	4	.	.	PROPN
cjfa-28098	527	5	,	,	PUNCT
cjfa-28098	527	6	&	&	CCONJ
cjfa-28098	527	7	he	he	PRON
cjfa-28098	527	8	,	,	PUNCT
cjfa-28098	527	9	l.	l.	PROPN
cjfa-28098	527	10	(	(	PUNCT
cjfa-28098	527	11	2011	2011	NUM
cjfa-28098	527	12	)	)	PUNCT
cjfa-28098	527	13	.	.	PUNCT
cjfa-28098	528	1	executive	executive	PROPN
cjfa-28098	528	2	compensation	compensation	NOUN
cjfa-28098	528	3	and	and	CCONJ
cjfa-28098	528	4	corporate	corporate	ADJ
cjfa-28098	528	5	governance	governance	NOUN
cjfa-28098	528	6	in	in	ADP
cjfa-28098	528	7	china	china	PROPN
cjfa-28098	528	8	.	.	PUNCT
cjfa-28098	529	1	journal	journal	PROPN
cjfa-28098	529	2	of	of	ADP
cjfa-28098	529	3	corporate	corporate	ADJ
cjfa-28098	529	4	finance	finance	NOUN
cjfa-28098	529	5	,	,	PUNCT
cjfa-28098	529	6	17	17	NUM
cjfa-28098	529	7	,	,	PUNCT
cjfa-28098	529	8	1158–1175	1158–1175	NUM
cjfa-28098	529	9	.	.	PUNCT
cjfa-28098	530	1	http://dx.doi.org/10.2139/	http://dx.doi.org/10.2139/	PUNCT
cjfa-28098	530	2	ssrn.1261911	ssrn.1261911	PROPN
cjfa-28098	530	3	.	.	PUNCT
cjfa-28098	530	4	coughlan	coughlan	PROPN
cjfa-28098	530	5	,	,	PUNCT
cjfa-28098	530	6	a.t	a.t	PROPN
cjfa-28098	530	7	.	.	PROPN
cjfa-28098	530	8	,	,	PUNCT
cjfa-28098	530	9	&	&	CCONJ
cjfa-28098	530	10	schmidt	schmidt	PROPN
cjfa-28098	530	11	,	,	PUNCT
cjfa-28098	530	12	r.m	r.m	PROPN
cjfa-28098	530	13	.	.	PROPN
cjfa-28098	530	14	(	(	PUNCT
cjfa-28098	530	15	1985	1985	NUM
cjfa-28098	530	16	)	)	PUNCT
cjfa-28098	530	17	.	.	PUNCT
cjfa-28098	531	1	executive	executive	PROPN
cjfa-28098	531	2	compensation	compensation	PROPN
cjfa-28098	531	3	,	,	PUNCT
cjfa-28098	531	4	management	management	NOUN
cjfa-28098	531	5	turnover	turnover	NOUN
cjfa-28098	531	6	,	,	PUNCT
cjfa-28098	531	7	and	and	CCONJ
cjfa-28098	531	8	firm	firm	ADJ
cjfa-28098	531	9	performance	performance	NOUN
cjfa-28098	531	10	:	:	PUNCT
cjfa-28098	531	11	an	an	DET
cjfa-28098	531	12	empirical	empirical	ADJ
cjfa-28098	531	13	investigation	investigation	NOUN
cjfa-28098	531	14	.	.	PUNCT
cjfa-28098	532	1	journal	journal	NOUN
cjfa-28098	532	2	of	of	ADP
cjfa-28098	532	3	accounting	accounting	NOUN
cjfa-28098	532	4	and	and	CCONJ
cjfa-28098	532	5	economics	economic	NOUN
cjfa-28098	532	6	,	,	PUNCT
cjfa-28098	532	7	7	7	NUM
cjfa-28098	532	8	,	,	PUNCT
cjfa-28098	532	9	43–66	43–66	NUM
cjfa-28098	532	10	.	.	PUNCT
cjfa-28098	533	1	http://dx.doi.org/10.1016/0165-4101(85)90027-8	http://dx.doi.org/10.1016/0165-4101(85)90027-8	PROPN
cjfa-28098	533	2	.	.	PUNCT
cjfa-28098	534	1	dahya	dahya	PROPN
cjfa-28098	534	2	,	,	PUNCT
cjfa-28098	534	3	j.	j.	PROPN
cjfa-28098	534	4	,	,	PUNCT
cjfa-28098	534	5	lonie	lonie	PROPN
cjfa-28098	534	6	,	,	PUNCT
cjfa-28098	534	7	a.a	a.a	PROPN
cjfa-28098	534	8	.	.	PROPN
cjfa-28098	534	9	,	,	PUNCT
cjfa-28098	534	10	&	&	CCONJ
cjfa-28098	534	11	power	power	NOUN
cjfa-28098	534	12	,	,	PUNCT
cjfa-28098	534	13	d.m	d.m	PROPN
cjfa-28098	534	14	.	.	PUNCT
cjfa-28098	534	15	(	(	PUNCT
cjfa-28098	534	16	1998	1998	NUM
cjfa-28098	534	17	)	)	PUNCT
cjfa-28098	534	18	.	.	PUNCT
cjfa-28098	535	1	ownership	ownership	NOUN
cjfa-28098	535	2	structure	structure	NOUN
cjfa-28098	535	3	,	,	PUNCT
cjfa-28098	535	4	firm	firm	ADJ
cjfa-28098	535	5	performance	performance	NOUN
cjfa-28098	535	6	and	and	CCONJ
cjfa-28098	535	7	top	top	ADJ
cjfa-28098	535	8	executive	executive	ADJ
cjfa-28098	535	9	change	change	NOUN
cjfa-28098	535	10	:	:	PUNCT
cjfa-28098	535	11	an	an	DET
cjfa-28098	535	12	analysis	analysis	NOUN
cjfa-28098	535	13	of	of	ADP
cjfa-28098	535	14	uk	uk	PROPN
cjfa-28098	535	15	firms	firm	NOUN
cjfa-28098	535	16	.	.	PUNCT
cjfa-28098	536	1	journal	journal	PROPN
cjfa-28098	536	2	of	of	ADP
cjfa-28098	536	3	business	business	NOUN
cjfa-28098	536	4	finance	finance	PROPN
cjfa-28098	536	5	&	&	CCONJ
cjfa-28098	536	6	accounting	accounting	PROPN
cjfa-28098	536	7	,	,	PUNCT
cjfa-28098	536	8	25	25	NUM
cjfa-28098	536	9	,	,	PUNCT
cjfa-28098	536	10	1089–1118	1089–1118	NUM
cjfa-28098	536	11	.	.	PUNCT
cjfa-28098	537	1	http://dx.doi.org/10.1111/1468-5957.00228	http://dx.doi.org/10.1111/1468-5957.00228	PROPN
cjfa-28098	537	2	.	.	PUNCT
cjfa-28098	538	1	dahya	dahya	PROPN
cjfa-28098	538	2	,	,	PUNCT
cjfa-28098	538	3	j.	j.	PROPN
cjfa-28098	538	4	,	,	PUNCT
cjfa-28098	538	5	&	&	CCONJ
cjfa-28098	538	6	mcconnell	mcconnell	PROPN
cjfa-28098	538	7	,	,	PUNCT
cjfa-28098	538	8	j.j	j.j	PROPN
cjfa-28098	538	9	.	.	PROPN
cjfa-28098	538	10	(	(	PUNCT
cjfa-28098	538	11	2001	2001	NUM
cjfa-28098	538	12	)	)	PUNCT
cjfa-28098	538	13	.	.	PUNCT
cjfa-28098	539	1	outside	outside	ADJ
cjfa-28098	539	2	directors	director	NOUN
cjfa-28098	539	3	and	and	CCONJ
cjfa-28098	539	4	corporate	corporate	ADJ
cjfa-28098	539	5	board	board	NOUN
cjfa-28098	539	6	decisions	decision	NOUN
cjfa-28098	539	7	:	:	PUNCT
cjfa-28098	539	8	a	a	DET
cjfa-28098	539	9	natural	natural	ADJ
cjfa-28098	539	10	experiment	experiment	NOUN
cjfa-28098	539	11	.	.	PUNCT
cjfa-28098	540	1	working	work	VERB
cjfa-28098	540	2	paper	paper	PROPN
cjfa-28098	540	3	purdue	purdue	PROPN
cjfa-28098	540	4	univerisity	univerisity	PROPN
cjfa-28098	540	5	.	.	PUNCT
cjfa-28098	541	1	http://dx.doi	http://dx.doi	NOUN
cjfa-28098	541	2	.	.	PUNCT
cjfa-28098	542	1	org/10.1016	org/10.1016	PROPN
cjfa-28098	542	2	/	/	SYM
cjfa-28098	542	3	j.jcorpfin.2003.10.001	j.jcorpfin.2003.10.001	PROPN
cjfa-28098	542	4	.	.	PUNCT
cjfa-28098	542	5	dahya	dahya	PROPN
cjfa-28098	542	6	,	,	PUNCT
cjfa-28098	542	7	j.	j.	PROPN
cjfa-28098	542	8	,	,	PUNCT
cjfa-28098	542	9	mcconnell	mcconnell	PROPN
cjfa-28098	542	10	,	,	PUNCT
cjfa-28098	542	11	j.	j.	PROPN
cjfa-28098	542	12	j.	j.	PROPN
cjfa-28098	542	13	,	,	PUNCT
cjfa-28098	542	14	&	&	CCONJ
cjfa-28098	542	15	travlos	travlos	PROPN
cjfa-28098	542	16	,	,	PUNCT
cjfa-28098	542	17	n.g	n.g	PROPN
cjfa-28098	542	18	.	.	PROPN
cjfa-28098	542	19	(	(	PUNCT
cjfa-28098	542	20	2002	2002	NUM
cjfa-28098	542	21	)	)	PUNCT
cjfa-28098	542	22	.	.	PUNCT
cjfa-28098	543	1	the	the	DET
cjfa-28098	543	2	cadbury	cadbury	PROPN
cjfa-28098	543	3	committee	committee	NOUN
cjfa-28098	543	4	,	,	PUNCT
cjfa-28098	543	5	corporate	corporate	ADJ
cjfa-28098	543	6	performance	performance	NOUN
cjfa-28098	543	7	,	,	PUNCT
cjfa-28098	543	8	and	and	CCONJ
cjfa-28098	543	9	top	top	ADJ
cjfa-28098	543	10	management	management	NOUN
cjfa-28098	543	11	turnover	turnover	NOUN
cjfa-28098	543	12	.	.	PUNCT
cjfa-28098	544	1	the	the	DET
cjfa-28098	544	2	journal	journal	NOUN
cjfa-28098	544	3	of	of	ADP
cjfa-28098	544	4	finance	finance	NOUN
cjfa-28098	544	5	,	,	PUNCT
cjfa-28098	544	6	57	57	NUM
cjfa-28098	544	7	,	,	PUNCT
cjfa-28098	544	8	461–483	461–483	NUM
cjfa-28098	544	9	.	.	PUNCT
cjfa-28098	545	1	http://dx.doi.org/10.1111/1540-6261.00428	http://dx.doi.org/10.1111/1540-6261.00428	PROPN
cjfa-28098	545	2	.	.	PUNCT
cjfa-28098	545	3	dalton	dalton	PROPN
cjfa-28098	545	4	,	,	PUNCT
cjfa-28098	545	5	d.r	d.r	PROPN
cjfa-28098	545	6	.	.	PROPN
cjfa-28098	545	7	,	,	PUNCT
cjfa-28098	545	8	hitt	hitt	PROPN
cjfa-28098	545	9	,	,	PUNCT
cjfa-28098	545	10	m.a	m.a	PROPN
cjfa-28098	545	11	.	.	PROPN
cjfa-28098	545	12	,	,	PUNCT
cjfa-28098	545	13	certo	certo	PROPN
cjfa-28098	545	14	,	,	PUNCT
cjfa-28098	545	15	s.t	s.t	PROPN
cjfa-28098	545	16	.	.	PROPN
cjfa-28098	545	17	,	,	PUNCT
cjfa-28098	545	18	&	&	CCONJ
cjfa-28098	545	19	dalton	dalton	PROPN
cjfa-28098	545	20	,	,	PUNCT
cjfa-28098	545	21	c.m	c.m	PROPN
cjfa-28098	545	22	.	.	PROPN
cjfa-28098	545	23	(	(	PUNCT
cjfa-28098	545	24	2007	2007	NUM
cjfa-28098	545	25	)	)	PUNCT
cjfa-28098	545	26	.	.	PUNCT
cjfa-28098	546	1	1	1	NUM
cjfa-28098	547	1	the	the	DET
cjfa-28098	547	2	fundamental	fundamental	ADJ
cjfa-28098	547	3	agency	agency	NOUN
cjfa-28098	547	4	problem	problem	NOUN
cjfa-28098	547	5	and	and	CCONJ
cjfa-28098	547	6	its	its	PRON
cjfa-28098	547	7	mitigation	mitigation	NOUN
cjfa-28098	547	8	:	:	PUNCT
cjfa-28098	547	9	independence	independence	NOUN
cjfa-28098	547	10	,	,	PUNCT
cjfa-28098	547	11	equity	equity	NOUN
cjfa-28098	547	12	,	,	PUNCT
cjfa-28098	547	13	and	and	CCONJ
cjfa-28098	547	14	the	the	DET
cjfa-28098	547	15	market	market	NOUN
cjfa-28098	547	16	for	for	ADP
cjfa-28098	547	17	corporate	corporate	ADJ
cjfa-28098	547	18	control	control	NOUN
cjfa-28098	547	19	.	.	PUNCT
cjfa-28098	548	1	the	the	DET
cjfa-28098	548	2	academy	academy	PROPN
cjfa-28098	548	3	of	of	ADP
cjfa-28098	548	4	management	management	NOUN
cjfa-28098	548	5	annals	annal	NOUN
cjfa-28098	548	6	,	,	PUNCT
cjfa-28098	548	7	1	1	NUM
cjfa-28098	548	8	,	,	PUNCT
cjfa-28098	548	9	1–64	1–64	PROPN
cjfa-28098	548	10	.	.	PUNCT
cjfa-28098	548	11	http://dx.doi.org/10.1080/078559806	http://dx.doi.org/10.1080/078559806	PROPN
cjfa-28098	548	12	.	.	PUNCT
cjfa-28098	549	1	davis	davis	PROPN
cjfa-28098	549	2	,	,	PUNCT
cjfa-28098	549	3	g.f	g.f	PROPN
cjfa-28098	549	4	.	.	PROPN
cjfa-28098	549	5	(	(	PUNCT
cjfa-28098	549	6	2005	2005	NUM
cjfa-28098	549	7	)	)	PUNCT
cjfa-28098	549	8	.	.	PUNCT
cjfa-28098	550	1	new	new	ADJ
cjfa-28098	550	2	directions	direction	NOUN
cjfa-28098	550	3	in	in	ADP
cjfa-28098	550	4	corporate	corporate	ADJ
cjfa-28098	550	5	governance	governance	NOUN
cjfa-28098	550	6	.	.	PUNCT
cjfa-28098	551	1	annu	annu	NOUN
cjfa-28098	551	2	.	.	PUNCT
cjfa-28098	552	1	rev	rev	PROPN
cjfa-28098	552	2	.	.	PROPN
cjfa-28098	552	3	sociol	sociol	PROPN
cjfa-28098	552	4	.	.	PUNCT
cjfa-28098	552	5	,	,	PUNCT
cjfa-28098	552	6	31	31	NUM
cjfa-28098	552	7	,	,	PUNCT
cjfa-28098	552	8	143	143	NUM
cjfa-28098	552	9	–	–	PUNCT
cjfa-28098	552	10	–	–	PUNCT
cjfa-28098	552	11	162	162	NUM
cjfa-28098	552	12	.	.	PUNCT
cjfa-28098	553	1	http://dx.doi.org/10.1146/annurev.soc.31.041304.122249	http://dx.doi.org/10.1146/annurev.soc.31.041304.122249	PROPN
cjfa-28098	553	2	.	.	PUNCT
cjfa-28098	553	3	de	de	X
cjfa-28098	553	4	bettignies	bettignies	PROPN
cjfa-28098	553	5	,	,	PUNCT
cjfa-28098	553	6	j.e	j.e	PROPN
cjfa-28098	553	7	.	.	PROPN
cjfa-28098	553	8	(	(	PUNCT
cjfa-28098	553	9	2006	2006	NUM
cjfa-28098	553	10	)	)	PUNCT
cjfa-28098	553	11	.	.	PUNCT
cjfa-28098	554	1	product	product	NOUN
cjfa-28098	554	2	market	market	NOUN
cjfa-28098	554	3	competition	competition	NOUN
cjfa-28098	554	4	and	and	CCONJ
cjfa-28098	554	5	boundaries	boundary	NOUN
cjfa-28098	554	6	of	of	ADP
cjfa-28098	554	7	the	the	DET
cjfa-28098	554	8	firm	firm	NOUN
cjfa-28098	554	9	.	.	PUNCT
cjfa-28098	555	1	canadian	canadian	ADJ
cjfa-28098	555	2	journal	journal	PROPN
cjfa-28098	555	3	of	of	ADP
cjfa-28098	555	4	economics	economic	NOUN
cjfa-28098	555	5	/	/	SYM
cjfa-28098	555	6	revue	revue	NOUN
cjfa-28098	555	7	canadienne	canadienne	NOUN
cjfa-28098	555	8	d’économique	d’économique	NOUN
cjfa-28098	555	9	,	,	PUNCT
cjfa-28098	555	10	39	39	NUM
cjfa-28098	555	11	,	,	PUNCT
cjfa-28098	555	12	948–970	948–970	NUM
cjfa-28098	555	13	.	.	PUNCT
cjfa-28098	556	1	http://	http://	PROPN
cjfa-28098	556	2	dx.doi.org/10.1111/j.1540-5982.2006.00377.x	dx.doi.org/10.1111/j.1540-5982.2006.00377.x	PROPN
cjfa-28098	556	3	.	.	PROPN
cjfa-28098	556	4	de	de	PROPN
cjfa-28098	556	5	langen	langen	PROPN
cjfa-28098	556	6	,	,	PUNCT
cjfa-28098	556	7	p.w	p.w	PROPN
cjfa-28098	556	8	.	.	PUNCT
cjfa-28098	556	9	(	(	PUNCT
cjfa-28098	556	10	2006	2006	NUM
cjfa-28098	556	11	)	)	PUNCT
cjfa-28098	556	12	.	.	PUNCT
cjfa-28098	557	1	stakeholders	stakeholder	NOUN
cjfa-28098	557	2	,	,	PUNCT
cjfa-28098	557	3	conflicting	conflict	VERB
cjfa-28098	557	4	interests	interest	NOUN
cjfa-28098	557	5	and	and	CCONJ
cjfa-28098	557	6	governance	governance	NOUN
cjfa-28098	557	7	in	in	ADP
cjfa-28098	557	8	port	port	NOUN
cjfa-28098	557	9	clusters	cluster	NOUN
cjfa-28098	557	10	.	.	PUNCT
cjfa-28098	558	1	research	research	NOUN
cjfa-28098	558	2	in	in	ADP
cjfa-28098	558	3	transportation	transportation	NOUN
cjfa-28098	558	4	economics	economic	NOUN
cjfa-28098	558	5	,	,	PUNCT
cjfa-28098	558	6	17	17	NUM
cjfa-28098	558	7	,	,	PUNCT
cjfa-28098	558	8	457–477	457–477	NUM
cjfa-28098	558	9	.	.	PUNCT
cjfa-28098	559	1	http://dx.doi.org/10.1016/	http://dx.doi.org/10.1016/	NOUN
cjfa-28098	559	2	s0739	s0739	X
cjfa-28098	559	3	-	-	PUNCT
cjfa-28098	559	4	8859(06)17020	8859(06)17020	NUM
cjfa-28098	559	5	-	-	SYM
cjfa-28098	559	6	1	1	NUM
cjfa-28098	559	7	.	.	PUNCT
cjfa-28098	559	8	defond	defond	NOUN
cjfa-28098	559	9	,	,	PUNCT
cjfa-28098	559	10	m.l	m.l	PROPN
cjfa-28098	559	11	.	.	PROPN
cjfa-28098	559	12	,	,	PUNCT
cjfa-28098	559	13	&	&	CCONJ
cjfa-28098	559	14	park	park	PROPN
cjfa-28098	559	15	,	,	PUNCT
cjfa-28098	559	16	c.w	c.w	PROPN
cjfa-28098	559	17	.	.	PROPN
cjfa-28098	559	18	(	(	PUNCT
cjfa-28098	559	19	1999	1999	NUM
cjfa-28098	559	20	)	)	PUNCT
cjfa-28098	559	21	.	.	PUNCT
cjfa-28098	560	1	the	the	DET
cjfa-28098	560	2	effect	effect	NOUN
cjfa-28098	560	3	of	of	ADP
cjfa-28098	560	4	competition	competition	NOUN
cjfa-28098	560	5	on	on	ADP
cjfa-28098	560	6	ceo	ceo	NOUN
cjfa-28098	560	7	turnover	turnover	NOUN
cjfa-28098	560	8	.	.	PUNCT
cjfa-28098	561	1	journal	journal	NOUN
cjfa-28098	561	2	of	of	ADP
cjfa-28098	561	3	accounting	accounting	NOUN
cjfa-28098	561	4	and	and	CCONJ
cjfa-28098	561	5	economics	economic	NOUN
cjfa-28098	561	6	,	,	PUNCT
cjfa-28098	561	7	27	27	NUM
cjfa-28098	561	8	,	,	PUNCT
cjfa-28098	561	9	35–56	35–56	NUM
cjfa-28098	561	10	.	.	PUNCT
cjfa-28098	562	1	http://dx.doi.org/10.1016/s0165-4101(98)00044-5	http://dx.doi.org/10.1016/s0165-4101(98)00044-5	NOUN
cjfa-28098	562	2	.	.	PUNCT
cjfa-28098	563	1	the	the	DET
cjfa-28098	563	2	transformation	transformation	NOUN
cjfa-28098	563	3	of	of	ADP
cjfa-28098	563	4	the	the	DET
cjfa-28098	563	5	corporate	corporate	ADJ
cjfa-28098	563	6	governance	governance	NOUN
cjfa-28098	563	7	model	model	NOUN
cjfa-28098	563	8	…	…	PUNCT
cjfa-28098	563	9	39	39	NUM
cjfa-28098	563	10	demsetz	demsetz	ADJ
cjfa-28098	563	11	,	,	PUNCT
cjfa-28098	563	12	h.	h.	PROPN
cjfa-28098	563	13	(	(	PUNCT
cjfa-28098	563	14	1983	1983	NUM
cjfa-28098	563	15	)	)	PUNCT
cjfa-28098	563	16	.	.	PUNCT
cjfa-28098	564	1	the	the	DET
cjfa-28098	564	2	structure	structure	NOUN
cjfa-28098	564	3	of	of	ADP
cjfa-28098	564	4	ownership	ownership	NOUN
cjfa-28098	564	5	and	and	CCONJ
cjfa-28098	564	6	the	the	DET
cjfa-28098	564	7	theory	theory	NOUN
cjfa-28098	564	8	of	of	ADP
cjfa-28098	564	9	the	the	DET
cjfa-28098	564	10	firm	firm	NOUN
cjfa-28098	564	11	.	.	PUNCT
cjfa-28098	565	1	the	the	DET
cjfa-28098	565	2	journal	journal	PROPN
cjfa-28098	565	3	of	of	ADP
cjfa-28098	565	4	law	law	NOUN
cjfa-28098	565	5	and	and	CCONJ
cjfa-28098	565	6	economics	economic	NOUN
cjfa-28098	565	7	,	,	PUNCT
cjfa-28098	565	8	26	26	NUM
cjfa-28098	565	9	,	,	PUNCT
cjfa-28098	565	10	375–390	375–390	NUM
cjfa-28098	565	11	.	.	PUNCT
cjfa-28098	566	1	http://dx.doi.org/10.1086/467041	http://dx.doi.org/10.1086/467041	PROPN
cjfa-28098	566	2	.	.	PUNCT
cjfa-28098	567	1	denis	denis	PROPN
cjfa-28098	567	2	,	,	PUNCT
cjfa-28098	567	3	d.j	d.j	PROPN
cjfa-28098	567	4	.	.	PROPN
cjfa-28098	567	5	,	,	PUNCT
cjfa-28098	567	6	hanouna	hanouna	PROPN
cjfa-28098	567	7	,	,	PUNCT
cjfa-28098	567	8	p.	p.	NOUN
cjfa-28098	567	9	,	,	PUNCT
cjfa-28098	567	10	&	&	CCONJ
cjfa-28098	567	11	sarin	sarin	NOUN
cjfa-28098	567	12	,	,	PUNCT
cjfa-28098	567	13	a.	a.	NOUN
cjfa-28098	567	14	(	(	PUNCT
cjfa-28098	567	15	2006	2006	NUM
cjfa-28098	567	16	)	)	PUNCT
cjfa-28098	567	17	.	.	PUNCT
cjfa-28098	567	18	is	be	AUX
cjfa-28098	567	19	there	there	PRON
cjfa-28098	567	20	a	a	DET
cjfa-28098	567	21	dark	dark	ADJ
cjfa-28098	567	22	side	side	NOUN
cjfa-28098	567	23	to	to	ADP
cjfa-28098	567	24	incentive	incentive	NOUN
cjfa-28098	567	25	compensation	compensation	NOUN
cjfa-28098	567	26	?	?	PUNCT
cjfa-28098	568	1	journal	journal	NOUN
cjfa-28098	568	2	of	of	ADP
cjfa-28098	568	3	corporate	corporate	ADJ
cjfa-28098	568	4	finance	finance	NOUN
cjfa-28098	568	5	,	,	PUNCT
cjfa-28098	568	6	12	12	NUM
cjfa-28098	568	7	,	,	PUNCT
cjfa-28098	568	8	467–488	467–488	NUM
cjfa-28098	568	9	.	.	PUNCT
cjfa-28098	569	1	https://doi.org/10.1016/j.jcorpfin.2005.08.006	https://doi.org/10.1016/j.jcorpfin.2005.08.006	PROPN
cjfa-28098	569	2	.	.	PUNCT
cjfa-28098	570	1	denis	denis	PROPN
cjfa-28098	570	2	,	,	PUNCT
cjfa-28098	570	3	d.k	d.k	PROPN
cjfa-28098	570	4	.	.	PROPN
cjfa-28098	570	5	,	,	PUNCT
cjfa-28098	570	6	&	&	CCONJ
cjfa-28098	570	7	mcconnell	mcconnell	PROPN
cjfa-28098	570	8	,	,	PUNCT
cjfa-28098	570	9	j.j	j.j	PROPN
cjfa-28098	570	10	.	.	PROPN
cjfa-28098	570	11	(	(	PUNCT
cjfa-28098	570	12	2003	2003	NUM
cjfa-28098	570	13	)	)	PUNCT
cjfa-28098	570	14	.	.	PUNCT
cjfa-28098	571	1	international	international	ADJ
cjfa-28098	571	2	corporate	corporate	ADJ
cjfa-28098	571	3	governance	governance	NOUN
cjfa-28098	571	4	.	.	PUNCT
cjfa-28098	572	1	journal	journal	NOUN
cjfa-28098	572	2	of	of	ADP
cjfa-28098	572	3	financial	financial	ADJ
cjfa-28098	572	4	and	and	CCONJ
cjfa-28098	572	5	quantitative	quantitative	ADJ
cjfa-28098	572	6	analysis	analysis	NOUN
cjfa-28098	572	7	,	,	PUNCT
cjfa-28098	572	8	38	38	NUM
cjfa-28098	572	9	,	,	PUNCT
cjfa-28098	572	10	1–36	1–36	PROPN
cjfa-28098	572	11	.	.	PUNCT
cjfa-28098	573	1	http://dx.doi.org/10.2307/4126762	http://dx.doi.org/10.2307/4126762	PROPN
cjfa-28098	573	2	.	.	PUNCT
cjfa-28098	574	1	dine	dine	PROPN
cjfa-28098	574	2	,	,	PUNCT
cjfa-28098	574	3	j.	j.	PROPN
cjfa-28098	574	4	(	(	PUNCT
cjfa-28098	574	5	2000	2000	NUM
cjfa-28098	574	6	)	)	PUNCT
cjfa-28098	574	7	.	.	PUNCT
cjfa-28098	575	1	the	the	DET
cjfa-28098	575	2	governance	governance	NOUN
cjfa-28098	575	3	of	of	ADP
cjfa-28098	575	4	corporate	corporate	ADJ
cjfa-28098	575	5	groups	group	NOUN
cjfa-28098	575	6	.	.	PUNCT
cjfa-28098	576	1	cambridge	cambridge	PROPN
cjfa-28098	576	2	:	:	PUNCT
cjfa-28098	576	3	cambridge	cambridge	PROPN
cjfa-28098	576	4	university	university	PROPN
cjfa-28098	576	5	press	press	NOUN
cjfa-28098	576	6	.	.	PUNCT
cjfa-28098	577	1	donaldson	donaldson	PROPN
cjfa-28098	577	2	,	,	PUNCT
cjfa-28098	577	3	t.	t.	PROPN
cjfa-28098	577	4	,	,	PUNCT
cjfa-28098	577	5	&	&	CCONJ
cjfa-28098	577	6	preston	preston	PROPN
cjfa-28098	577	7	,	,	PUNCT
cjfa-28098	577	8	l.e	l.e	PROPN
cjfa-28098	577	9	.	.	PROPN
cjfa-28098	577	10	(	(	PUNCT
cjfa-28098	577	11	1995	1995	NUM
cjfa-28098	577	12	)	)	PUNCT
cjfa-28098	577	13	.	.	PUNCT
cjfa-28098	578	1	the	the	DET
cjfa-28098	578	2	stakeholder	stakeholder	NOUN
cjfa-28098	578	3	theory	theory	NOUN
cjfa-28098	578	4	of	of	ADP
cjfa-28098	578	5	the	the	DET
cjfa-28098	578	6	corporation	corporation	NOUN
cjfa-28098	578	7	:	:	PUNCT
cjfa-28098	578	8	concepts	concept	NOUN
cjfa-28098	578	9	,	,	PUNCT
cjfa-28098	578	10	evidence	evidence	NOUN
cjfa-28098	578	11	,	,	PUNCT
cjfa-28098	578	12	and	and	CCONJ
cjfa-28098	578	13	implications	implication	NOUN
cjfa-28098	578	14	.	.	PUNCT
cjfa-28098	579	1	academy	academy	PROPN
cjfa-28098	579	2	of	of	ADP
cjfa-28098	579	3	management	management	PROPN
cjfa-28098	579	4	review	review	NOUN
cjfa-28098	579	5	,	,	PUNCT
cjfa-28098	579	6	20	20	NUM
cjfa-28098	579	7	,	,	PUNCT
cjfa-28098	579	8	65–91	65–91	NUM
cjfa-28098	579	9	.	.	PUNCT
cjfa-28098	580	1	http://	http://	PROPN
cjfa-28098	580	2	dx.doi.org/10.2307/258887	dx.doi.org/10.2307/258887	X
cjfa-28098	580	3	.	.	PUNCT
cjfa-28098	581	1	dore	dore	PROPN
cjfa-28098	581	2	,	,	PUNCT
cjfa-28098	581	3	r.p	r.p	PROPN
cjfa-28098	581	4	.	.	PROPN
cjfa-28098	581	5	(	(	PUNCT
cjfa-28098	581	6	2000	2000	NUM
cjfa-28098	581	7	)	)	PUNCT
cjfa-28098	581	8	.	.	PUNCT
cjfa-28098	582	1	stock	stock	NOUN
cjfa-28098	582	2	market	market	NOUN
cjfa-28098	582	3	capitalism	capitalism	NOUN
cjfa-28098	582	4	:	:	PUNCT
cjfa-28098	582	5	welfare	welfare	NOUN
cjfa-28098	582	6	capitalism	capitalism	NOUN
cjfa-28098	582	7	:	:	PUNCT
cjfa-28098	582	8	japan	japan	PROPN
cjfa-28098	582	9	and	and	CCONJ
cjfa-28098	582	10	germany	germany	PROPN
cjfa-28098	582	11	versus	versus	ADP
cjfa-28098	582	12	the	the	DET
cjfa-28098	582	13	anglo	anglo	ADJ
cjfa-28098	582	14	-	-	PUNCT
cjfa-28098	582	15	saxons	saxon	NOUN
cjfa-28098	582	16	.	.	PUNCT
cjfa-28098	583	1	oxford	oxford	NOUN
cjfa-28098	583	2	:	:	PUNCT
cjfa-28098	583	3	oxford	oxford	PROPN
cjfa-28098	583	4	university	university	PROPN
cjfa-28098	583	5	press	press	NOUN
cjfa-28098	583	6	on	on	ADP
cjfa-28098	583	7	demand	demand	NOUN
cjfa-28098	583	8	.	.	PUNCT
cjfa-28098	584	1	http://dx.doi	http://dx.doi	NOUN
cjfa-28098	584	2	.	.	PUNCT
cjfa-28098	585	1	org/10.1093	org/10.1093	PROPN
cjfa-28098	585	2	/	/	SYM
cjfa-28098	585	3	acprof	acprof	NOUN
cjfa-28098	585	4	:	:	PUNCT
cjfa-28098	585	5	oso/9780199240623.001.0001	oso/9780199240623.001.0001	ADJ
cjfa-28098	585	6	.	.	PUNCT
cjfa-28098	586	1	dyck	dyck	PROPN
cjfa-28098	586	2	,	,	PUNCT
cjfa-28098	586	3	a.	a.	NOUN
cjfa-28098	586	4	,	,	PUNCT
cjfa-28098	586	5	&	&	CCONJ
cjfa-28098	586	6	zingales	zingales	PROPN
cjfa-28098	586	7	,	,	PUNCT
cjfa-28098	586	8	l.	l.	PROPN
cjfa-28098	586	9	(	(	PUNCT
cjfa-28098	586	10	2002	2002	NUM
cjfa-28098	586	11	)	)	PUNCT
cjfa-28098	586	12	.	.	PUNCT
cjfa-28098	587	1	the	the	DET
cjfa-28098	587	2	corporate	corporate	ADJ
cjfa-28098	587	3	governance	governance	NOUN
cjfa-28098	587	4	role	role	NOUN
cjfa-28098	587	5	of	of	ADP
cjfa-28098	587	6	the	the	DET
cjfa-28098	587	7	media	medium	NOUN
cjfa-28098	587	8	.	.	PUNCT
cjfa-28098	588	1	the	the	DET
cjfa-28098	588	2	right	right	NOUN
cjfa-28098	588	3	to	to	PART
cjfa-28098	588	4	tell	tell	VERB
cjfa-28098	588	5	:	:	PUNCT
cjfa-28098	588	6	the	the	DET
cjfa-28098	588	7	role	role	NOUN
cjfa-28098	588	8	of	of	ADP
cjfa-28098	588	9	mass	mass	ADJ
cjfa-28098	588	10	media	medium	NOUN
cjfa-28098	588	11	in	in	ADP
cjfa-28098	588	12	economic	economic	ADJ
cjfa-28098	588	13	development	development	NOUN
cjfa-28098	588	14	,	,	PUNCT
cjfa-28098	588	15	107–37	107–37	PROPN
cjfa-28098	588	16	.	.	PUNCT
cjfa-28098	589	1	easterbrook	easterbrook	PROPN
cjfa-28098	589	2	,	,	PUNCT
cjfa-28098	589	3	f.h	f.h	PROPN
cjfa-28098	589	4	.	.	PROPN
cjfa-28098	589	5	(	(	PUNCT
cjfa-28098	589	6	1984	1984	NUM
cjfa-28098	589	7	)	)	PUNCT
cjfa-28098	589	8	.	.	PUNCT
cjfa-28098	590	1	two	two	NUM
cjfa-28098	590	2	agency	agency	NOUN
cjfa-28098	590	3	-	-	PUNCT
cjfa-28098	590	4	cost	cost	NOUN
cjfa-28098	590	5	explanations	explanation	NOUN
cjfa-28098	590	6	of	of	ADP
cjfa-28098	590	7	dividends	dividend	NOUN
cjfa-28098	590	8	.	.	PUNCT
cjfa-28098	591	1	the	the	DET
cjfa-28098	591	2	american	american	PROPN
cjfa-28098	591	3	economic	economic	PROPN
cjfa-28098	591	4	review	review	PROPN
cjfa-28098	591	5	,	,	PUNCT
cjfa-28098	591	6	74	74	NUM
cjfa-28098	591	7	,	,	PUNCT
cjfa-28098	591	8	650–659	650–659	NUM
cjfa-28098	591	9	.	.	PUNCT
cjfa-28098	592	1	eisenhardt	eisenhardt	PROPN
cjfa-28098	592	2	,	,	PUNCT
cjfa-28098	592	3	k.m	k.m	PROPN
cjfa-28098	592	4	.	.	PROPN
cjfa-28098	592	5	(	(	PUNCT
cjfa-28098	592	6	1989	1989	NUM
cjfa-28098	592	7	)	)	PUNCT
cjfa-28098	592	8	.	.	PUNCT
cjfa-28098	593	1	agency	agency	NOUN
cjfa-28098	593	2	theory	theory	NOUN
cjfa-28098	593	3	:	:	PUNCT
cjfa-28098	593	4	an	an	DET
cjfa-28098	593	5	assessment	assessment	NOUN
cjfa-28098	593	6	and	and	CCONJ
cjfa-28098	593	7	review	review	NOUN
cjfa-28098	593	8	.	.	PUNCT
cjfa-28098	594	1	academy	academy	PROPN
cjfa-28098	594	2	of	of	ADP
cjfa-28098	594	3	management	management	PROPN
cjfa-28098	594	4	review	review	NOUN
cjfa-28098	594	5	,	,	PUNCT
cjfa-28098	594	6	14	14	NUM
cjfa-28098	594	7	,	,	PUNCT
cjfa-28098	594	8	57–74	57–74	NUM
cjfa-28098	594	9	.	.	PUNCT
cjfa-28098	595	1	http://dx.doi.org/10.2307/258191	http://dx.doi.org/10.2307/258191	PROPN
cjfa-28098	595	2	.	.	PUNCT
cjfa-28098	595	3	enriques	enriques	PROPN
cjfa-28098	595	4	,	,	PUNCT
cjfa-28098	595	5	l.	l.	PROPN
cjfa-28098	595	6	,	,	PUNCT
cjfa-28098	595	7	&	&	CCONJ
cjfa-28098	595	8	volpin	volpin	PROPN
cjfa-28098	595	9	,	,	PUNCT
cjfa-28098	595	10	p.	p.	NOUN
cjfa-28098	595	11	(	(	PUNCT
cjfa-28098	595	12	2007	2007	NUM
cjfa-28098	595	13	)	)	PUNCT
cjfa-28098	595	14	.	.	PUNCT
cjfa-28098	596	1	corporate	corporate	ADJ
cjfa-28098	596	2	governance	governance	NOUN
cjfa-28098	596	3	reforms	reform	NOUN
cjfa-28098	596	4	in	in	ADP
cjfa-28098	596	5	continental	continental	PROPN
cjfa-28098	596	6	europe	europe	PROPN
cjfa-28098	596	7	.	.	PUNCT
cjfa-28098	597	1	journal	journal	PROPN
cjfa-28098	597	2	of	of	ADP
cjfa-28098	597	3	economic	economic	ADJ
cjfa-28098	597	4	perspectives	perspective	NOUN
cjfa-28098	597	5	,	,	PUNCT
cjfa-28098	597	6	21	21	NUM
cjfa-28098	597	7	,	,	PUNCT
cjfa-28098	597	8	117–140	117–140	NUM
cjfa-28098	597	9	.	.	PUNCT
cjfa-28098	598	1	http://dx.doi.org/10.1257/	http://dx.doi.org/10.1257/	PROPN
cjfa-28098	598	2	jep.21.1.117	jep.21.1.117	PROPN
cjfa-28098	598	3	.	.	PROPN
cjfa-28098	598	4	faccio	faccio	PROPN
cjfa-28098	598	5	,	,	PUNCT
cjfa-28098	598	6	m.	m.	NOUN
cjfa-28098	598	7	,	,	PUNCT
cjfa-28098	598	8	lang	lang	PROPN
cjfa-28098	598	9	,	,	PUNCT
cjfa-28098	598	10	l.h	l.h	PROPN
cjfa-28098	598	11	.	.	PROPN
cjfa-28098	598	12	,	,	PUNCT
cjfa-28098	598	13	&	&	CCONJ
cjfa-28098	598	14	young	young	PROPN
cjfa-28098	598	15	,	,	PUNCT
cjfa-28098	598	16	l.	l.	PROPN
cjfa-28098	598	17	(	(	PUNCT
cjfa-28098	598	18	2001	2001	NUM
cjfa-28098	598	19	)	)	PUNCT
cjfa-28098	598	20	.	.	PUNCT
cjfa-28098	599	1	debt	debt	NOUN
cjfa-28098	599	2	and	and	CCONJ
cjfa-28098	599	3	corporate	corporate	ADJ
cjfa-28098	599	4	governance	governance	NOUN
cjfa-28098	599	5	.	.	PUNCT
cjfa-28098	600	1	meetings	meeting	NOUN
cjfa-28098	600	2	of	of	ADP
cjfa-28098	600	3	association	association	NOUN
cjfa-28098	600	4	of	of	ADP
cjfa-28098	600	5	financial	financial	ADJ
cjfa-28098	600	6	economics	economic	NOUN
cjfa-28098	600	7	in	in	ADP
cjfa-28098	600	8	new	new	PROPN
cjfa-28098	600	9	orleans	orleans	PROPN
cjfa-28098	600	10	.	.	PUNCT
cjfa-28098	601	1	fama	fama	PROPN
cjfa-28098	601	2	,	,	PUNCT
cjfa-28098	601	3	e.f	e.f	PROPN
cjfa-28098	601	4	.	.	PROPN
cjfa-28098	601	5	(	(	PUNCT
cjfa-28098	601	6	1980a	1980a	NUM
cjfa-28098	601	7	)	)	PUNCT
cjfa-28098	601	8	.	.	PUNCT
cjfa-28098	602	1	agency	agency	NOUN
cjfa-28098	602	2	problems	problem	NOUN
cjfa-28098	602	3	and	and	CCONJ
cjfa-28098	602	4	the	the	DET
cjfa-28098	602	5	theory	theory	NOUN
cjfa-28098	602	6	of	of	ADP
cjfa-28098	602	7	the	the	DET
cjfa-28098	602	8	firm	firm	NOUN
cjfa-28098	602	9	.	.	PUNCT
cjfa-28098	603	1	journal	journal	NOUN
cjfa-28098	603	2	of	of	ADP
cjfa-28098	603	3	political	political	ADJ
cjfa-28098	603	4	economy	economy	NOUN
cjfa-28098	603	5	,	,	PUNCT
cjfa-28098	603	6	88	88	NUM
cjfa-28098	603	7	,	,	PUNCT
cjfa-28098	603	8	288–307	288–307	NUM
cjfa-28098	603	9	.	.	PUNCT
cjfa-28098	604	1	http://dx.doi.org/10.1086/260866	http://dx.doi.org/10.1086/260866	PROPN
cjfa-28098	604	2	.	.	PUNCT
cjfa-28098	605	1	fama	fama	PROPN
cjfa-28098	605	2	,	,	PUNCT
cjfa-28098	605	3	e.f	e.f	PROPN
cjfa-28098	605	4	.	.	PROPN
cjfa-28098	605	5	(	(	PUNCT
cjfa-28098	605	6	1980b	1980b	NUM
cjfa-28098	605	7	)	)	PUNCT
cjfa-28098	605	8	.	.	PUNCT
cjfa-28098	606	1	banking	banking	NOUN
cjfa-28098	606	2	in	in	ADP
cjfa-28098	606	3	the	the	DET
cjfa-28098	606	4	theory	theory	NOUN
cjfa-28098	606	5	of	of	ADP
cjfa-28098	606	6	finance	finance	NOUN
cjfa-28098	606	7	.	.	PUNCT
cjfa-28098	607	1	journal	journal	NOUN
cjfa-28098	607	2	of	of	ADP
cjfa-28098	607	3	monetary	monetary	ADJ
cjfa-28098	607	4	economics	economic	NOUN
cjfa-28098	607	5	,	,	PUNCT
cjfa-28098	607	6	6	6	NUM
cjfa-28098	607	7	,	,	PUNCT
cjfa-28098	607	8	39–57	39–57	NUM
cjfa-28098	607	9	.	.	PUNCT
cjfa-28098	608	1	http://dx.doi.org/10.1016/0304-3932(80)90017-3	http://dx.doi.org/10.1016/0304-3932(80)90017-3	PROPN
cjfa-28098	608	2	.	.	PUNCT
cjfa-28098	609	1	fama	fama	PROPN
cjfa-28098	609	2	,	,	PUNCT
cjfa-28098	609	3	e.f	e.f	PROPN
cjfa-28098	609	4	.	.	PROPN
cjfa-28098	609	5	,	,	PUNCT
cjfa-28098	609	6	&	&	CCONJ
cjfa-28098	609	7	jensen	jensen	PROPN
cjfa-28098	609	8	,	,	PUNCT
cjfa-28098	609	9	m.c	m.c	PROPN
cjfa-28098	609	10	.	.	PROPN
cjfa-28098	609	11	(	(	PUNCT
cjfa-28098	609	12	1983a	1983a	NUM
cjfa-28098	609	13	)	)	PUNCT
cjfa-28098	609	14	.	.	PUNCT
cjfa-28098	610	1	agency	agency	NOUN
cjfa-28098	610	2	problems	problem	NOUN
cjfa-28098	610	3	and	and	CCONJ
cjfa-28098	610	4	residual	residual	ADJ
cjfa-28098	610	5	claims	claim	NOUN
cjfa-28098	610	6	.	.	PUNCT
cjfa-28098	611	1	the	the	DET
cjfa-28098	611	2	journal	journal	NOUN
cjfa-28098	611	3	of	of	ADP
cjfa-28098	611	4	law	law	NOUN
cjfa-28098	611	5	and	and	CCONJ
cjfa-28098	611	6	economics	economic	NOUN
cjfa-28098	611	7	,	,	PUNCT
cjfa-28098	611	8	26	26	NUM
cjfa-28098	611	9	,	,	PUNCT
cjfa-28098	611	10	327–349	327–349	NUM
cjfa-28098	611	11	.	.	PUNCT
cjfa-28098	611	12	http://dx.doi.org/10.1086/467038	http://dx.doi.org/10.1086/467038	PROPN
cjfa-28098	611	13	.	.	PUNCT
cjfa-28098	612	1	fama	fama	PROPN
cjfa-28098	612	2	,	,	PUNCT
cjfa-28098	612	3	e.f	e.f	PROPN
cjfa-28098	612	4	.	.	PROPN
cjfa-28098	612	5	,	,	PUNCT
cjfa-28098	612	6	&	&	CCONJ
cjfa-28098	612	7	jensen	jensen	PROPN
cjfa-28098	612	8	,	,	PUNCT
cjfa-28098	612	9	m.c	m.c	PROPN
cjfa-28098	612	10	.	.	PROPN
cjfa-28098	612	11	(	(	PUNCT
cjfa-28098	612	12	1983b	1983b	NUM
cjfa-28098	612	13	)	)	PUNCT
cjfa-28098	612	14	.	.	PUNCT
cjfa-28098	613	1	separation	separation	NOUN
cjfa-28098	613	2	of	of	ADP
cjfa-28098	613	3	ownership	ownership	NOUN
cjfa-28098	613	4	and	and	CCONJ
cjfa-28098	613	5	control	control	NOUN
cjfa-28098	613	6	.	.	PUNCT
cjfa-28098	614	1	the	the	DET
cjfa-28098	614	2	journal	journal	NOUN
cjfa-28098	614	3	of	of	ADP
cjfa-28098	614	4	law	law	NOUN
cjfa-28098	614	5	and	and	CCONJ
cjfa-28098	614	6	economics	economic	NOUN
cjfa-28098	614	7	,	,	PUNCT
cjfa-28098	614	8	26	26	NUM
cjfa-28098	614	9	,	,	PUNCT
cjfa-28098	614	10	301–325	301–325	NUM
cjfa-28098	614	11	.	.	PUNCT
cjfa-28098	615	1	http://dx.doi.org/10.2139/ssrn.94034	http://dx.doi.org/10.2139/ssrn.94034	X
cjfa-28098	616	1	.	.	PUNCT
cjfa-28098	616	2	fan	fan	PROPN
cjfa-28098	616	3	,	,	PUNCT
cjfa-28098	616	4	j.p	j.p	PROPN
cjfa-28098	616	5	.	.	PROPN
cjfa-28098	616	6	,	,	PUNCT
cjfa-28098	616	7	&	&	CCONJ
cjfa-28098	616	8	wong	wong	PROPN
cjfa-28098	616	9	,	,	PUNCT
cjfa-28098	616	10	t.j	t.j	PROPN
cjfa-28098	616	11	.	.	PROPN
cjfa-28098	616	12	(	(	PUNCT
cjfa-28098	616	13	2005	2005	NUM
cjfa-28098	616	14	)	)	PUNCT
cjfa-28098	616	15	.	.	PUNCT
cjfa-28098	617	1	do	do	AUX
cjfa-28098	617	2	external	external	ADJ
cjfa-28098	617	3	auditors	auditor	NOUN
cjfa-28098	617	4	perform	perform	VERB
cjfa-28098	617	5	a	a	DET
cjfa-28098	617	6	corporate	corporate	ADJ
cjfa-28098	617	7	governance	governance	NOUN
cjfa-28098	617	8	role	role	NOUN
cjfa-28098	617	9	in	in	ADP
cjfa-28098	617	10	emerging	emerge	VERB
cjfa-28098	617	11	markets	market	NOUN
cjfa-28098	617	12	?	?	PUNCT
cjfa-28098	618	1	evidence	evidence	NOUN
cjfa-28098	618	2	from	from	ADP
cjfa-28098	618	3	east	east	PROPN
cjfa-28098	618	4	asia	asia	PROPN
cjfa-28098	618	5	.	.	PUNCT
cjfa-28098	619	1	journal	journal	PROPN
cjfa-28098	619	2	of	of	ADP
cjfa-28098	619	3	accounting	accounting	NOUN
cjfa-28098	619	4	research	research	NOUN
cjfa-28098	619	5	,	,	PUNCT
cjfa-28098	619	6	43	43	NUM
cjfa-28098	619	7	,	,	PUNCT
cjfa-28098	619	8	35–72	35–72	NUM
cjfa-28098	619	9	.	.	PUNCT
cjfa-28098	620	1	http://dx.doi.org/10.1111/j.1475-679x.2004.00162.x	http://dx.doi.org/10.1111/j.1475-679x.2004.00162.x	PROPN
cjfa-28098	620	2	.	.	PUNCT
cjfa-28098	620	3	farber	farber	PROPN
cjfa-28098	620	4	,	,	PUNCT
cjfa-28098	620	5	d.b	d.b	PROPN
cjfa-28098	620	6	.	.	PROPN
cjfa-28098	620	7	(	(	PUNCT
cjfa-28098	620	8	2005	2005	NUM
cjfa-28098	620	9	)	)	PUNCT
cjfa-28098	620	10	.	.	PUNCT
cjfa-28098	621	1	restoring	restore	VERB
cjfa-28098	621	2	trust	trust	NOUN
cjfa-28098	621	3	after	after	ADP
cjfa-28098	621	4	fraud	fraud	NOUN
cjfa-28098	621	5	:	:	PUNCT
cjfa-28098	621	6	does	do	VERB
cjfa-28098	621	7	corporate	corporate	ADJ
cjfa-28098	621	8	governance	governance	NOUN
cjfa-28098	621	9	matter	matter	NOUN
cjfa-28098	621	10	?	?	PUNCT
cjfa-28098	622	1	the	the	DET
cjfa-28098	622	2	accounting	accounting	NOUN
cjfa-28098	622	3	review	review	NOUN
cjfa-28098	622	4	,	,	PUNCT
cjfa-28098	622	5	80	80	NUM
cjfa-28098	622	6	,	,	PUNCT
cjfa-28098	622	7	539–561	539–561	NUM
cjfa-28098	622	8	.	.	PUNCT
cjfa-28098	623	1	http://dx.doi.org/10.2139/ssrn.485403	http://dx.doi.org/10.2139/ssrn.485403	NOUN
cjfa-28098	623	2	.	.	PUNCT
cjfa-28098	624	1	farinha	farinha	NOUN
cjfa-28098	624	2	,	,	PUNCT
cjfa-28098	624	3	j.	j.	PROPN
cjfa-28098	624	4	(	(	PUNCT
cjfa-28098	624	5	2003	2003	NUM
cjfa-28098	624	6	)	)	PUNCT
cjfa-28098	624	7	.	.	PUNCT
cjfa-28098	625	1	dividend	dividend	NOUN
cjfa-28098	625	2	policy	policy	NOUN
cjfa-28098	625	3	,	,	PUNCT
cjfa-28098	625	4	corporate	corporate	ADJ
cjfa-28098	625	5	governance	governance	NOUN
cjfa-28098	625	6	and	and	CCONJ
cjfa-28098	625	7	the	the	DET
cjfa-28098	625	8	managerial	managerial	ADJ
cjfa-28098	625	9	entrenchment	entrenchment	NOUN
cjfa-28098	625	10	hypothesis	hypothesis	NOUN
cjfa-28098	625	11	:	:	PUNCT
cjfa-28098	625	12	an	an	DET
cjfa-28098	625	13	empirical	empirical	ADJ
cjfa-28098	625	14	analysis	analysis	NOUN
cjfa-28098	625	15	.	.	PUNCT
cjfa-28098	626	1	journal	journal	PROPN
cjfa-28098	626	2	of	of	ADP
cjfa-28098	626	3	business	business	NOUN
cjfa-28098	626	4	finance	finance	PROPN
cjfa-28098	626	5	&	&	CCONJ
cjfa-28098	626	6	accounting	accounting	PROPN
cjfa-28098	626	7	,	,	PUNCT
cjfa-28098	626	8	30	30	NUM
cjfa-28098	626	9	,	,	PUNCT
cjfa-28098	626	10	1173–1209	1173–1209	NUM
cjfa-28098	626	11	.	.	PUNCT
cjfa-28098	627	1	http://dx.doi.org/10.1111/j.0306-686x.2003.05624.x	http://dx.doi.org/10.1111/j.0306-686x.2003.05624.x	X
cjfa-28098	627	2	.	.	PUNCT
cjfa-28098	627	3	atm	atm	PROPN
cjfa-28098	627	4	adnan	adnan	PROPN
cjfa-28098	627	5	,	,	PUNCT
cjfa-28098	627	6	nisar	nisar	PROPN
cjfa-28098	627	7	ahmed40	ahmed40	PROPN
cjfa-28098	627	8	firth	firth	PROPN
cjfa-28098	627	9	,	,	PUNCT
cjfa-28098	627	10	m.	m.	NOUN
cjfa-28098	627	11	,	,	PUNCT
cjfa-28098	627	12	fung	fung	PROPN
cjfa-28098	627	13	,	,	PUNCT
cjfa-28098	627	14	p.m.	p.m.	NOUN
cjfa-28098	627	15	,	,	PUNCT
cjfa-28098	627	16	&	&	CCONJ
cjfa-28098	627	17	rui	rui	PROPN
cjfa-28098	627	18	,	,	PUNCT
cjfa-28098	627	19	o.m	o.m	PROPN
cjfa-28098	627	20	.	.	PUNCT
cjfa-28098	628	1	(	(	PUNCT
cjfa-28098	628	2	2006	2006	NUM
cjfa-28098	628	3	)	)	PUNCT
cjfa-28098	628	4	.	.	PUNCT
cjfa-28098	629	1	firm	firm	ADJ
cjfa-28098	629	2	performance	performance	NOUN
cjfa-28098	629	3	,	,	PUNCT
cjfa-28098	629	4	governance	governance	NOUN
cjfa-28098	629	5	structure	structure	NOUN
cjfa-28098	629	6	,	,	PUNCT
cjfa-28098	629	7	and	and	CCONJ
cjfa-28098	629	8	top	top	ADJ
cjfa-28098	629	9	management	management	NOUN
cjfa-28098	629	10	turnover	turnover	NOUN
cjfa-28098	629	11	in	in	ADP
cjfa-28098	629	12	a	a	DET
cjfa-28098	629	13	transitional	transitional	ADJ
cjfa-28098	629	14	economy	economy	NOUN
cjfa-28098	629	15	.	.	PUNCT
cjfa-28098	630	1	journal	journal	PROPN
cjfa-28098	630	2	of	of	ADP
cjfa-28098	630	3	management	management	NOUN
cjfa-28098	630	4	studies	study	NOUN
cjfa-28098	630	5	,	,	PUNCT
cjfa-28098	630	6	43	43	NUM
cjfa-28098	630	7	,	,	PUNCT
cjfa-28098	630	8	1289–1330	1289–1330	NUM
cjfa-28098	630	9	.	.	PUNCT
cjfa-28098	631	1	http://dx.doi.org/	http://dx.doi.org/	PROPN
cjfa-28098	631	2	10.2139	10.2139	NUM
cjfa-28098	631	3	/	/	SYM
cjfa-28098	631	4	ssrn.337843	ssrn.337843	PROPN
cjfa-28098	631	5	.	.	PROPN
cjfa-28098	631	6	fischel	fischel	PROPN
cjfa-28098	631	7	,	,	PUNCT
cjfa-28098	631	8	d.r	d.r	PROPN
cjfa-28098	631	9	.	.	PROPN
cjfa-28098	631	10	,	,	PUNCT
cjfa-28098	631	11	&	&	CCONJ
cjfa-28098	631	12	easterbrook	easterbrook	PROPN
cjfa-28098	631	13	,	,	PUNCT
cjfa-28098	631	14	f.	f.	PROPN
cjfa-28098	631	15	(	(	PUNCT
cjfa-28098	631	16	1991	1991	NUM
cjfa-28098	631	17	)	)	PUNCT
cjfa-28098	631	18	.	.	PUNCT
cjfa-28098	632	1	the	the	DET
cjfa-28098	632	2	economic	economic	ADJ
cjfa-28098	632	3	structure	structure	NOUN
cjfa-28098	632	4	of	of	ADP
cjfa-28098	632	5	corporate	corporate	ADJ
cjfa-28098	632	6	law	law	NOUN
cjfa-28098	632	7	.	.	PUNCT
cjfa-28098	633	1	cerca	cerca	PROPN
cjfa-28098	633	2	con	con	PROPN
cjfa-28098	633	3	google	google	PROPN
cjfa-28098	633	4	.	.	PUNCT
cjfa-28098	634	1	fiss	fiss	PROPN
cjfa-28098	634	2	,	,	PUNCT
cjfa-28098	634	3	p.c	p.c	PROPN
cjfa-28098	634	4	.	.	PROPN
cjfa-28098	634	5	,	,	PUNCT
cjfa-28098	634	6	&	&	CCONJ
cjfa-28098	634	7	zajac	zajac	PROPN
cjfa-28098	634	8	,	,	PUNCT
cjfa-28098	634	9	e.j	e.j	PROPN
cjfa-28098	634	10	.	.	PROPN
cjfa-28098	634	11	(	(	PUNCT
cjfa-28098	634	12	2004	2004	NUM
cjfa-28098	634	13	)	)	PUNCT
cjfa-28098	634	14	.	.	PUNCT
cjfa-28098	635	1	the	the	DET
cjfa-28098	635	2	diffusion	diffusion	NOUN
cjfa-28098	635	3	of	of	ADP
cjfa-28098	635	4	ideas	idea	NOUN
cjfa-28098	635	5	over	over	ADP
cjfa-28098	635	6	contested	contested	ADJ
cjfa-28098	635	7	terrain	terrain	NOUN
cjfa-28098	635	8	:	:	PUNCT
cjfa-28098	635	9	the	the	DET
cjfa-28098	635	10	(	(	PUNCT
cjfa-28098	635	11	non	non	ADJ
cjfa-28098	635	12	)	)	PUNCT
cjfa-28098	635	13	adoption	adoption	NOUN
cjfa-28098	635	14	of	of	ADP
cjfa-28098	635	15	a	a	DET
cjfa-28098	635	16	shareholder	shareholder	NOUN
cjfa-28098	635	17	value	value	NOUN
cjfa-28098	635	18	orientation	orientation	NOUN
cjfa-28098	635	19	among	among	ADP
cjfa-28098	635	20	german	german	ADJ
cjfa-28098	635	21	firms	firm	NOUN
cjfa-28098	635	22	.	.	PUNCT
cjfa-28098	636	1	administrative	administrative	ADJ
cjfa-28098	636	2	science	science	PROPN
cjfa-28098	636	3	quarterly	quarterly	ADV
cjfa-28098	636	4	,	,	PUNCT
cjfa-28098	636	5	49	49	NUM
cjfa-28098	636	6	,	,	PUNCT
cjfa-28098	636	7	501–534	501–534	NUM
cjfa-28098	636	8	.	.	PUNCT
cjfa-28098	637	1	http://dx.doi.org/10.2307/4131489	http://dx.doi.org/10.2307/4131489	PROPN
cjfa-28098	637	2	.	.	PUNCT
cjfa-28098	638	1	fligstein	fligstein	PROPN
cjfa-28098	638	2	,	,	PUNCT
cjfa-28098	638	3	n.	n.	PROPN
cjfa-28098	638	4	(	(	PUNCT
cjfa-28098	638	5	1993	1993	NUM
cjfa-28098	638	6	)	)	PUNCT
cjfa-28098	638	7	.	.	PUNCT
cjfa-28098	639	1	the	the	DET
cjfa-28098	639	2	transformation	transformation	NOUN
cjfa-28098	639	3	of	of	ADP
cjfa-28098	639	4	corporate	corporate	ADJ
cjfa-28098	639	5	control	control	NOUN
cjfa-28098	639	6	.	.	PUNCT
cjfa-28098	640	1	cambridge	cambridge	PROPN
cjfa-28098	640	2	:	:	PUNCT
cjfa-28098	640	3	harvard	harvard	PROPN
cjfa-28098	640	4	university	university	PROPN
cjfa-28098	640	5	press	press	NOUN
cjfa-28098	640	6	.	.	PUNCT
cjfa-28098	641	1	http://dx.doi.org/10.1017/s0022050700011177	http://dx.doi.org/10.1017/s0022050700011177	PROPN
cjfa-28098	641	2	.	.	PUNCT
cjfa-28098	641	3	forbes	forbes	PROPN
cjfa-28098	641	4	,	,	PUNCT
cjfa-28098	641	5	w.	w.	PROPN
cjfa-28098	641	6	,	,	PUNCT
cjfa-28098	641	7	&	&	CCONJ
cjfa-28098	641	8	hodgkinson	hodgkinson	PROPN
cjfa-28098	641	9	,	,	PUNCT
cjfa-28098	641	10	l.	l.	PROPN
cjfa-28098	641	11	(	(	PUNCT
cjfa-28098	641	12	2014	2014	NUM
cjfa-28098	641	13	)	)	PUNCT
cjfa-28098	641	14	.	.	PUNCT
cjfa-28098	642	1	corporate	corporate	ADJ
cjfa-28098	642	2	governance	governance	NOUN
cjfa-28098	642	3	in	in	ADP
cjfa-28098	642	4	the	the	DET
cjfa-28098	642	5	united	united	ADJ
cjfa-28098	642	6	kingdom	kingdom	PROPN
cjfa-28098	642	7	:	:	PUNCT
cjfa-28098	642	8	past	past	ADJ
cjfa-28098	642	9	,	,	PUNCT
cjfa-28098	642	10	present	present	ADJ
cjfa-28098	642	11	and	and	CCONJ
cjfa-28098	642	12	future	future	NOUN
cjfa-28098	642	13	.	.	PUNCT
cjfa-28098	643	1	berlin	berlin	ADJ
cjfa-28098	643	2	:	:	PUNCT
cjfa-28098	643	3	springer	springer	NOUN
cjfa-28098	643	4	.	.	PUNCT
cjfa-28098	644	1	http://dx.doi.org/10.1057/9781137451743	http://dx.doi.org/10.1057/9781137451743	PROPN
cjfa-28098	644	2	.	.	PUNCT
cjfa-28098	645	1	frankel	frankel	PROPN
cjfa-28098	645	2	,	,	PUNCT
cjfa-28098	645	3	r.m	r.m	PROPN
cjfa-28098	645	4	.	.	PROPN
cjfa-28098	645	5	,	,	PUNCT
cjfa-28098	645	6	johnson	johnson	PROPN
cjfa-28098	645	7	,	,	PUNCT
cjfa-28098	645	8	m.f	m.f	PROPN
cjfa-28098	645	9	.	.	PROPN
cjfa-28098	645	10	,	,	PUNCT
cjfa-28098	645	11	&	&	CCONJ
cjfa-28098	645	12	nelson	nelson	PROPN
cjfa-28098	645	13	,	,	PUNCT
cjfa-28098	645	14	k.k	k.k	PROPN
cjfa-28098	645	15	.	.	PROPN
cjfa-28098	645	16	(	(	PUNCT
cjfa-28098	645	17	2002	2002	NUM
cjfa-28098	645	18	)	)	PUNCT
cjfa-28098	645	19	.	.	PUNCT
cjfa-28098	646	1	the	the	DET
cjfa-28098	646	2	relation	relation	NOUN
cjfa-28098	646	3	between	between	ADP
cjfa-28098	646	4	auditors	auditor	NOUN
cjfa-28098	646	5	’	’	PART
cjfa-28098	646	6	fees	fee	NOUN
cjfa-28098	646	7	for	for	ADP
cjfa-28098	646	8	nonaudit	nonaudit	PROPN
cjfa-28098	646	9	services	service	NOUN
cjfa-28098	646	10	and	and	CCONJ
cjfa-28098	646	11	earnings	earning	NOUN
cjfa-28098	646	12	management	management	NOUN
cjfa-28098	646	13	.	.	PUNCT
cjfa-28098	647	1	the	the	DET
cjfa-28098	647	2	accounting	accounting	NOUN
cjfa-28098	647	3	review	review	NOUN
cjfa-28098	647	4	,	,	PUNCT
cjfa-28098	647	5	77	77	NUM
cjfa-28098	647	6	,	,	PUNCT
cjfa-28098	647	7	71–105	71–105	PROPN
cjfa-28098	647	8	.	.	PUNCT
cjfa-28098	647	9	http://dx.doi.org/10.2139/ssrn.296557	http://dx.doi.org/10.2139/ssrn.296557	PROPN
cjfa-28098	647	10	.	.	PUNCT
cjfa-28098	647	11	franks	franks	PROPN
cjfa-28098	647	12	,	,	PUNCT
cjfa-28098	647	13	j.	j.	PROPN
cjfa-28098	647	14	,	,	PUNCT
cjfa-28098	647	15	&	&	CCONJ
cjfa-28098	647	16	mayer	mayer	PROPN
cjfa-28098	647	17	,	,	PUNCT
cjfa-28098	647	18	c.	c.	PROPN
cjfa-28098	647	19	(	(	PUNCT
cjfa-28098	647	20	1996	1996	NUM
cjfa-28098	647	21	)	)	PUNCT
cjfa-28098	647	22	.	.	PUNCT
cjfa-28098	648	1	hostile	hostile	ADJ
cjfa-28098	648	2	takeovers	takeover	NOUN
cjfa-28098	648	3	and	and	CCONJ
cjfa-28098	648	4	the	the	DET
cjfa-28098	648	5	correction	correction	NOUN
cjfa-28098	648	6	of	of	ADP
cjfa-28098	648	7	managerial	managerial	ADJ
cjfa-28098	648	8	failure	failure	NOUN
cjfa-28098	648	9	.	.	PUNCT
cjfa-28098	649	1	journal	journal	NOUN
cjfa-28098	649	2	of	of	ADP
cjfa-28098	649	3	financial	financial	ADJ
cjfa-28098	649	4	economics	economic	NOUN
cjfa-28098	649	5	,	,	PUNCT
cjfa-28098	649	6	40	40	NUM
cjfa-28098	649	7	,	,	PUNCT
cjfa-28098	649	8	163–181	163–181	NUM
cjfa-28098	649	9	.	.	PUNCT
cjfa-28098	650	1	http://dx.doi.org/10.1016/0304405x(95)00840-b	http://dx.doi.org/10.1016/0304405x(95)00840-b	NOUN
cjfa-28098	650	2	.	.	PUNCT
cjfa-28098	651	1	freeman	freeman	PROPN
cjfa-28098	651	2	,	,	PUNCT
cjfa-28098	651	3	r.e	r.e	PROPN
cjfa-28098	651	4	.	.	PROPN
cjfa-28098	651	5	(	(	PUNCT
cjfa-28098	651	6	1999	1999	NUM
cjfa-28098	651	7	)	)	PUNCT
cjfa-28098	651	8	.	.	PUNCT
cjfa-28098	652	1	divergent	divergent	ADJ
cjfa-28098	652	2	stakeholder	stakeholder	NOUN
cjfa-28098	652	3	theory	theory	NOUN
cjfa-28098	652	4	.	.	PUNCT
cjfa-28098	653	1	academy	academy	PROPN
cjfa-28098	653	2	of	of	ADP
cjfa-28098	653	3	management	management	PROPN
cjfa-28098	653	4	review	review	NOUN
cjfa-28098	653	5	,	,	PUNCT
cjfa-28098	653	6	24	24	NUM
cjfa-28098	653	7	,	,	PUNCT
cjfa-28098	653	8	233–236	233–236	NUM
cjfa-28098	653	9	.	.	PUNCT
cjfa-28098	654	1	http://dx.doi.org/10.5465/amr.1999.1893932	http://dx.doi.org/10.5465/amr.1999.1893932	NOUN
cjfa-28098	654	2	.	.	PUNCT
cjfa-28098	655	1	friedman	friedman	PROPN
cjfa-28098	655	2	,	,	PUNCT
cjfa-28098	655	3	a.l	a.l	PROPN
cjfa-28098	655	4	.	.	PROPN
cjfa-28098	655	5	,	,	PUNCT
cjfa-28098	655	6	&	&	CCONJ
cjfa-28098	655	7	miles	mile	NOUN
cjfa-28098	655	8	,	,	PUNCT
cjfa-28098	655	9	s.	s.	PROPN
cjfa-28098	655	10	(	(	PUNCT
cjfa-28098	655	11	2002	2002	NUM
cjfa-28098	655	12	)	)	PUNCT
cjfa-28098	655	13	.	.	PUNCT
cjfa-28098	656	1	developing	develop	VERB
cjfa-28098	656	2	stakeholder	stakeholder	NOUN
cjfa-28098	656	3	theory	theory	NOUN
cjfa-28098	656	4	.	.	PUNCT
cjfa-28098	657	1	journal	journal	PROPN
cjfa-28098	657	2	of	of	ADP
cjfa-28098	657	3	management	management	NOUN
cjfa-28098	657	4	studies	study	NOUN
cjfa-28098	657	5	,	,	PUNCT
cjfa-28098	657	6	39	39	NUM
cjfa-28098	657	7	,	,	PUNCT
cjfa-28098	657	8	1–21	1–21	PROPN
cjfa-28098	657	9	.	.	PUNCT
cjfa-28098	658	1	http://dx.doi.org/10.1111/1467-6486.00280	http://dx.doi.org/10.1111/1467-6486.00280	NOUN
cjfa-28098	658	2	.	.	PUNCT
cjfa-28098	658	3	gamble	gamble	NOUN
cjfa-28098	658	4	,	,	PUNCT
cjfa-28098	658	5	a.	a.	NOUN
cjfa-28098	658	6	,	,	PUNCT
cjfa-28098	658	7	&	&	CCONJ
cjfa-28098	658	8	kelly	kelly	PROPN
cjfa-28098	658	9	,	,	PUNCT
cjfa-28098	658	10	g.	g.	PROPN
cjfa-28098	658	11	(	(	PUNCT
cjfa-28098	658	12	2001	2001	NUM
cjfa-28098	658	13	)	)	PUNCT
cjfa-28098	658	14	.	.	PUNCT
cjfa-28098	659	1	shareholder	shareholder	NOUN
cjfa-28098	659	2	value	value	NOUN
cjfa-28098	659	3	and	and	CCONJ
cjfa-28098	659	4	the	the	DET
cjfa-28098	659	5	stakeholder	stakeholder	NOUN
cjfa-28098	659	6	debate	debate	VERB
cjfa-28098	659	7	in	in	ADP
cjfa-28098	659	8	the	the	DET
cjfa-28098	659	9	uk	uk	PROPN
cjfa-28098	659	10	.	.	PUNCT
cjfa-28098	659	11	corporate	corporate	ADJ
cjfa-28098	659	12	governance	governance	NOUN
cjfa-28098	659	13	:	:	PUNCT
cjfa-28098	659	14	an	an	DET
cjfa-28098	659	15	international	international	ADJ
cjfa-28098	659	16	review	review	NOUN
cjfa-28098	659	17	,	,	PUNCT
cjfa-28098	659	18	9	9	NUM
cjfa-28098	659	19	,	,	PUNCT
cjfa-28098	659	20	110–117	110–117	NUM
cjfa-28098	659	21	.	.	PUNCT
cjfa-28098	660	1	http://dx.doi	http://dx.doi	NOUN
cjfa-28098	660	2	.	.	PUNCT
cjfa-28098	661	1	org/10.1111/1467	org/10.1111/1467	PROPN
cjfa-28098	661	2	-	-	PUNCT
cjfa-28098	661	3	8683.00235	8683.00235	PROPN
cjfa-28098	661	4	.	.	PUNCT
cjfa-28098	661	5	gaspar	gaspar	PROPN
cjfa-28098	661	6	,	,	PUNCT
cjfa-28098	661	7	j.-m	j.-m	PROPN
cjfa-28098	661	8	.	.	PUNCT
cjfa-28098	661	9	,	,	PUNCT
cjfa-28098	661	10	massa	massa	PROPN
cjfa-28098	661	11	,	,	PUNCT
cjfa-28098	661	12	m.	m.	NOUN
cjfa-28098	661	13	,	,	PUNCT
cjfa-28098	661	14	&	&	CCONJ
cjfa-28098	661	15	matos	matos	PROPN
cjfa-28098	661	16	,	,	PUNCT
cjfa-28098	661	17	p.	p.	NOUN
cjfa-28098	661	18	(	(	PUNCT
cjfa-28098	661	19	2005	2005	NUM
cjfa-28098	661	20	)	)	PUNCT
cjfa-28098	661	21	.	.	PUNCT
cjfa-28098	662	1	shareholder	shareholder	NOUN
cjfa-28098	662	2	investment	investment	NOUN
cjfa-28098	662	3	horizons	horizon	NOUN
cjfa-28098	662	4	and	and	CCONJ
cjfa-28098	662	5	the	the	DET
cjfa-28098	662	6	market	market	NOUN
cjfa-28098	662	7	for	for	ADP
cjfa-28098	662	8	corporate	corporate	ADJ
cjfa-28098	662	9	control	control	NOUN
cjfa-28098	662	10	.	.	PUNCT
cjfa-28098	663	1	journal	journal	NOUN
cjfa-28098	663	2	of	of	ADP
cjfa-28098	663	3	financial	financial	ADJ
cjfa-28098	663	4	economics	economic	NOUN
cjfa-28098	663	5	,	,	PUNCT
cjfa-28098	663	6	76	76	NUM
cjfa-28098	663	7	,	,	PUNCT
cjfa-28098	663	8	135–165	135–165	NUM
cjfa-28098	663	9	.	.	PUNCT
cjfa-28098	664	1	http://	http://	PROPN
cjfa-28098	664	2	dx.doi.org/10.1016/j.jfineco.2004.10.002	dx.doi.org/10.1016/j.jfineco.2004.10.002	NOUN
cjfa-28098	664	3	.	.	PUNCT
cjfa-28098	665	1	gillan	gillan	PROPN
cjfa-28098	665	2	,	,	PUNCT
cjfa-28098	665	3	s.	s.	PROPN
cjfa-28098	665	4	,	,	PUNCT
cjfa-28098	665	5	&	&	CCONJ
cjfa-28098	665	6	starks	starks	PROPN
cjfa-28098	665	7	,	,	PUNCT
cjfa-28098	665	8	l.t	l.t	PROPN
cjfa-28098	665	9	.	.	PROPN
cjfa-28098	665	10	(	(	PUNCT
cjfa-28098	665	11	1998	1998	NUM
cjfa-28098	665	12	)	)	PUNCT
cjfa-28098	665	13	.	.	PUNCT
cjfa-28098	666	1	a	a	DET
cjfa-28098	666	2	survey	survey	NOUN
cjfa-28098	666	3	of	of	ADP
cjfa-28098	666	4	shareholder	shareholder	NOUN
cjfa-28098	666	5	activism	activism	NOUN
cjfa-28098	666	6	:	:	PUNCT
cjfa-28098	666	7	motivation	motivation	NOUN
cjfa-28098	666	8	and	and	CCONJ
cjfa-28098	666	9	empirical	empirical	ADJ
cjfa-28098	666	10	evidence	evidence	NOUN
cjfa-28098	666	11	.	.	PUNCT
cjfa-28098	667	1	available	available	ADJ
cjfa-28098	667	2	at	at	ADP
cjfa-28098	667	3	ssrn	ssrn	PROPN
cjfa-28098	667	4	663523	663523	NUM
cjfa-28098	667	5	.	.	PUNCT
cjfa-28098	668	1	http://dx.doi.org/10.2139/ssrn.663523	http://dx.doi.org/10.2139/ssrn.663523	NOUN
cjfa-28098	668	2	.	.	PUNCT
cjfa-28098	669	1	gillan	gillan	PROPN
cjfa-28098	669	2	,	,	PUNCT
cjfa-28098	669	3	s.l	s.l	PROPN
cjfa-28098	669	4	.	.	PROPN
cjfa-28098	669	5	(	(	PUNCT
cjfa-28098	669	6	2006	2006	NUM
cjfa-28098	669	7	)	)	PUNCT
cjfa-28098	669	8	.	.	PUNCT
cjfa-28098	670	1	recent	recent	ADJ
cjfa-28098	670	2	developments	development	NOUN
cjfa-28098	670	3	in	in	ADP
cjfa-28098	670	4	corporate	corporate	ADJ
cjfa-28098	670	5	governance	governance	NOUN
cjfa-28098	670	6	:	:	PUNCT
cjfa-28098	670	7	an	an	DET
cjfa-28098	670	8	overview	overview	NOUN
cjfa-28098	670	9	.	.	PUNCT
cjfa-28098	671	1	journal	journal	NOUN
cjfa-28098	671	2	of	of	ADP
cjfa-28098	671	3	corporate	corporate	ADJ
cjfa-28098	671	4	finance	finance	NOUN
cjfa-28098	671	5	,	,	PUNCT
cjfa-28098	671	6	12	12	NUM
cjfa-28098	671	7	,	,	PUNCT
cjfa-28098	671	8	381–402	381–402	NUM
cjfa-28098	671	9	.	.	PUNCT
cjfa-28098	672	1	http://dx.doi.org/10.1016/j.jcorpfin.2005.11.002	http://dx.doi.org/10.1016/j.jcorpfin.2005.11.002	NOUN
cjfa-28098	672	2	.	.	PUNCT
cjfa-28098	673	1	gillan	gillan	PROPN
cjfa-28098	673	2	,	,	PUNCT
cjfa-28098	673	3	s.l	s.l	PROPN
cjfa-28098	673	4	.	.	PROPN
cjfa-28098	673	5	,	,	PUNCT
cjfa-28098	673	6	&	&	CCONJ
cjfa-28098	673	7	starks	starks	PROPN
cjfa-28098	673	8	,	,	PUNCT
cjfa-28098	673	9	l.t	l.t	PROPN
cjfa-28098	673	10	.	.	PROPN
cjfa-28098	673	11	(	(	PUNCT
cjfa-28098	673	12	2000	2000	NUM
cjfa-28098	673	13	)	)	PUNCT
cjfa-28098	673	14	.	.	PUNCT
cjfa-28098	674	1	corporate	corporate	ADJ
cjfa-28098	674	2	governance	governance	NOUN
cjfa-28098	674	3	proposals	proposal	NOUN
cjfa-28098	674	4	and	and	CCONJ
cjfa-28098	674	5	shareholder	shareholder	NOUN
cjfa-28098	674	6	activism	activism	NOUN
cjfa-28098	674	7	:	:	PUNCT
cjfa-28098	674	8	the	the	DET
cjfa-28098	674	9	role	role	NOUN
cjfa-28098	674	10	of	of	ADP
cjfa-28098	674	11	institutional	institutional	ADJ
cjfa-28098	674	12	investors	investor	NOUN
cjfa-28098	674	13	.	.	PUNCT
cjfa-28098	675	1	journal	journal	PROPN
cjfa-28098	675	2	of	of	ADP
cjfa-28098	675	3	financial	financial	ADJ
cjfa-28098	675	4	economics	economic	NOUN
cjfa-28098	675	5	,	,	PUNCT
cjfa-28098	675	6	57	57	NUM
cjfa-28098	675	7	,	,	PUNCT
cjfa-28098	675	8	275	275	NUM
cjfa-28098	675	9	–	–	PUNCT
cjfa-28098	675	10	 	 	SPACE
cjfa-28098	675	11	305	305	NUM
cjfa-28098	675	12	.	.	PUNCT
cjfa-28098	676	1	http://dx.doi.org/10.1016/s0304-405x(00)00058-1	http://dx.doi.org/10.1016/s0304-405x(00)00058-1	PROPN
cjfa-28098	676	2	.	.	PUNCT
cjfa-28098	677	1	gompers	gomper	NOUN
cjfa-28098	677	2	,	,	PUNCT
cjfa-28098	677	3	p.	p.	PROPN
cjfa-28098	677	4	,	,	PUNCT
cjfa-28098	677	5	ishii	ishii	PROPN
cjfa-28098	677	6	,	,	PUNCT
cjfa-28098	677	7	j.	j.	PROPN
cjfa-28098	677	8	,	,	PUNCT
cjfa-28098	677	9	&	&	CCONJ
cjfa-28098	677	10	metrick	metrick	ADJ
cjfa-28098	677	11	,	,	PUNCT
cjfa-28098	677	12	a.	a.	NOUN
cjfa-28098	677	13	(	(	PUNCT
cjfa-28098	677	14	2003	2003	NUM
cjfa-28098	677	15	)	)	PUNCT
cjfa-28098	677	16	.	.	PUNCT
cjfa-28098	678	1	corporate	corporate	ADJ
cjfa-28098	678	2	governance	governance	NOUN
cjfa-28098	678	3	and	and	CCONJ
cjfa-28098	678	4	equity	equity	NOUN
cjfa-28098	678	5	prices	price	NOUN
cjfa-28098	678	6	.	.	PUNCT
cjfa-28098	679	1	the	the	DET
cjfa-28098	679	2	quarterly	quarterly	ADJ
cjfa-28098	679	3	journal	journal	NOUN
cjfa-28098	679	4	of	of	ADP
cjfa-28098	679	5	economics	economic	NOUN
cjfa-28098	679	6	,	,	PUNCT
cjfa-28098	679	7	118	118	NUM
cjfa-28098	679	8	,	,	PUNCT
cjfa-28098	679	9	107–156	107–156	NUM
cjfa-28098	679	10	.	.	PUNCT
cjfa-28098	679	11	http://dx.doi.org/10.1162/0033	http://dx.doi.org/10.1162/0033	PROPN
cjfa-28098	679	12	5530360535162	5530360535162	NUM
cjfa-28098	679	13	.	.	PUNCT
cjfa-28098	680	1	gourevitch	gourevitch	PROPN
cjfa-28098	680	2	,	,	PUNCT
cjfa-28098	680	3	p.a	p.a	PROPN
cjfa-28098	680	4	.	.	PROPN
cjfa-28098	680	5	,	,	PUNCT
cjfa-28098	680	6	&	&	CCONJ
cjfa-28098	680	7	shinn	shinn	PROPN
cjfa-28098	680	8	,	,	PUNCT
cjfa-28098	680	9	j.	j.	PROPN
cjfa-28098	680	10	(	(	PUNCT
cjfa-28098	680	11	2005	2005	NUM
cjfa-28098	680	12	)	)	PUNCT
cjfa-28098	680	13	.	.	PUNCT
cjfa-28098	681	1	political	political	ADJ
cjfa-28098	681	2	power	power	NOUN
cjfa-28098	681	3	and	and	CCONJ
cjfa-28098	681	4	corporate	corporate	ADJ
cjfa-28098	681	5	control	control	NOUN
cjfa-28098	681	6	:	:	PUNCT
cjfa-28098	681	7	the	the	DET
cjfa-28098	681	8	new	new	ADJ
cjfa-28098	681	9	global	global	ADJ
cjfa-28098	681	10	politics	politic	NOUN
cjfa-28098	681	11	of	of	ADP
cjfa-28098	681	12	corporate	corporate	ADJ
cjfa-28098	681	13	governance	governance	NOUN
cjfa-28098	681	14	.	.	PUNCT
cjfa-28098	682	1	princeton	princeton	PROPN
cjfa-28098	682	2	:	:	PUNCT
cjfa-28098	682	3	princeton	princeton	PROPN
cjfa-28098	682	4	university	university	PROPN
cjfa-28098	682	5	press	press	NOUN
cjfa-28098	682	6	.	.	PUNCT
cjfa-28098	683	1	http://	http://	PROPN
cjfa-28098	683	2	dx.doi.org/10.2307/20031861	dx.doi.org/10.2307/20031861	PROPN
cjfa-28098	683	3	.	.	PUNCT
cjfa-28098	684	1	goyal	goyal	PROPN
cjfa-28098	684	2	,	,	PUNCT
cjfa-28098	684	3	v.k	v.k	PROPN
cjfa-28098	684	4	.	.	PROPN
cjfa-28098	684	5	,	,	PUNCT
cjfa-28098	684	6	&	&	CCONJ
cjfa-28098	684	7	park	park	PROPN
cjfa-28098	684	8	,	,	PUNCT
cjfa-28098	684	9	c.w	c.w	PROPN
cjfa-28098	684	10	.	.	PROPN
cjfa-28098	684	11	(	(	PUNCT
cjfa-28098	684	12	2002	2002	NUM
cjfa-28098	684	13	)	)	PUNCT
cjfa-28098	684	14	.	.	PUNCT
cjfa-28098	685	1	board	board	NOUN
cjfa-28098	685	2	leadership	leadership	NOUN
cjfa-28098	685	3	structure	structure	NOUN
cjfa-28098	685	4	and	and	CCONJ
cjfa-28098	685	5	ceo	ceo	NOUN
cjfa-28098	685	6	turnover	turnover	NOUN
cjfa-28098	685	7	.	.	PUNCT
cjfa-28098	686	1	journal	journal	NOUN
cjfa-28098	686	2	of	of	ADP
cjfa-28098	686	3	corporate	corporate	ADJ
cjfa-28098	686	4	finance	finance	NOUN
cjfa-28098	686	5	,	,	PUNCT
cjfa-28098	686	6	8	8	NUM
cjfa-28098	686	7	,	,	PUNCT
cjfa-28098	686	8	49–66	49–66	NOUN
cjfa-28098	686	9	.	.	PUNCT
cjfa-28098	687	1	http://dx.doi.org/10.1016/s0929-1199(01)00028-1	http://dx.doi.org/10.1016/s0929-1199(01)00028-1	NOUN
cjfa-28098	687	2	.	.	PUNCT
cjfa-28098	688	1	the	the	DET
cjfa-28098	688	2	transformation	transformation	NOUN
cjfa-28098	688	3	of	of	ADP
cjfa-28098	688	4	the	the	DET
cjfa-28098	688	5	corporate	corporate	ADJ
cjfa-28098	688	6	governance	governance	NOUN
cjfa-28098	688	7	model	model	NOUN
cjfa-28098	688	8	…	…	PUNCT
cjfa-28098	688	9	41	41	NUM
cjfa-28098	688	10	greenbury	greenbury	NOUN
cjfa-28098	688	11	,	,	PUNCT
cjfa-28098	688	12	r.	r.	PROPN
cjfa-28098	688	13	(	(	PUNCT
cjfa-28098	688	14	1995	1995	NUM
cjfa-28098	688	15	)	)	PUNCT
cjfa-28098	688	16	.	.	PUNCT
cjfa-28098	689	1	report	report	NOUN
cjfa-28098	689	2	of	of	ADP
cjfa-28098	689	3	the	the	DET
cjfa-28098	689	4	committee	committee	NOUN
cjfa-28098	689	5	on	on	ADP
cjfa-28098	689	6	executive	executive	ADJ
cjfa-28098	689	7	remuneration	remuneration	NOUN
cjfa-28098	689	8	.	.	PUNCT
cjfa-28098	690	1	gee	gee	INTJ
cjfa-28098	690	2	j.	j.	PROPN
cjfa-28098	690	3	co	co	PROPN
cjfa-28098	690	4	ltd	ltd	PROPN
cjfa-28098	690	5	.	.	PROPN
cjfa-28098	690	6	gregg	gregg	PROPN
cjfa-28098	690	7	,	,	PUNCT
cjfa-28098	690	8	p.	p.	PROPN
cjfa-28098	690	9	,	,	PUNCT
cjfa-28098	690	10	machin	machin	PROPN
cjfa-28098	690	11	,	,	PUNCT
cjfa-28098	690	12	s.	s.	PROPN
cjfa-28098	690	13	,	,	PUNCT
cjfa-28098	690	14	&	&	CCONJ
cjfa-28098	690	15	szymanski	szymanski	PROPN
cjfa-28098	690	16	,	,	PUNCT
cjfa-28098	690	17	s.	s.	PROPN
cjfa-28098	690	18	(	(	PUNCT
cjfa-28098	690	19	1993	1993	NUM
cjfa-28098	690	20	)	)	PUNCT
cjfa-28098	690	21	.	.	PUNCT
cjfa-28098	691	1	the	the	DET
cjfa-28098	691	2	disappearing	disappear	VERB
cjfa-28098	691	3	relationship	relationship	NOUN
cjfa-28098	691	4	between	between	ADP
cjfa-28098	691	5	directors	director	NOUN
cjfa-28098	691	6	’	'	PUNCT
cjfa-28098	691	7	pay	pay	VERB
cjfa-28098	691	8	and	and	CCONJ
cjfa-28098	691	9	corporate	corporate	ADJ
cjfa-28098	691	10	performance	performance	NOUN
cjfa-28098	691	11	.	.	PUNCT
cjfa-28098	692	1	british	british	ADJ
cjfa-28098	692	2	journal	journal	PROPN
cjfa-28098	692	3	of	of	ADP
cjfa-28098	692	4	industrial	industrial	ADJ
cjfa-28098	692	5	relations	relation	NOUN
cjfa-28098	692	6	,	,	PUNCT
cjfa-28098	692	7	31	31	NUM
cjfa-28098	692	8	,	,	PUNCT
cjfa-28098	692	9	1–9	1–9	PROPN
cjfa-28098	692	10	.	.	PROPN
cjfa-28098	692	11	grossman	grossman	PROPN
cjfa-28098	692	12	,	,	PUNCT
cjfa-28098	692	13	s.j	s.j	PROPN
cjfa-28098	692	14	.	.	PROPN
cjfa-28098	692	15	,	,	PUNCT
cjfa-28098	692	16	&	&	CCONJ
cjfa-28098	692	17	hart	hart	PROPN
cjfa-28098	692	18	,	,	PUNCT
cjfa-28098	692	19	o.d	o.d	PROPN
cjfa-28098	692	20	.	.	PROPN
cjfa-28098	692	21	(	(	PUNCT
cjfa-28098	692	22	1980	1980	NUM
cjfa-28098	692	23	)	)	PUNCT
cjfa-28098	692	24	.	.	PUNCT
cjfa-28098	693	1	takeover	takeover	NOUN
cjfa-28098	693	2	bids	bid	NOUN
cjfa-28098	693	3	,	,	PUNCT
cjfa-28098	693	4	the	the	DET
cjfa-28098	693	5	free	free	ADJ
cjfa-28098	693	6	-	-	PUNCT
cjfa-28098	693	7	rider	rider	NOUN
cjfa-28098	693	8	problem	problem	NOUN
cjfa-28098	693	9	,	,	PUNCT
cjfa-28098	693	10	and	and	CCONJ
cjfa-28098	693	11	the	the	DET
cjfa-28098	693	12	theory	theory	NOUN
cjfa-28098	693	13	of	of	ADP
cjfa-28098	693	14	the	the	DET
cjfa-28098	693	15	corporation	corporation	NOUN
cjfa-28098	693	16	.	.	PUNCT
cjfa-28098	694	1	the	the	DET
cjfa-28098	694	2	bell	bell	PROPN
cjfa-28098	694	3	journal	journal	PROPN
cjfa-28098	694	4	of	of	ADP
cjfa-28098	694	5	economics	economic	NOUN
cjfa-28098	694	6	,	,	PUNCT
cjfa-28098	694	7	42–64	42–64	PROPN
cjfa-28098	694	8	.	.	PUNCT
cjfa-28098	694	9	gugler	gugler	NOUN
cjfa-28098	694	10	,	,	PUNCT
cjfa-28098	694	11	k.	k.	PROPN
cjfa-28098	694	12	,	,	PUNCT
cjfa-28098	694	13	mueller	mueller	PROPN
cjfa-28098	694	14	,	,	PUNCT
cjfa-28098	694	15	d.c	d.c	PROPN
cjfa-28098	694	16	.	.	PROPN
cjfa-28098	694	17	,	,	PUNCT
cjfa-28098	694	18	&	&	CCONJ
cjfa-28098	694	19	yurtoglu	yurtoglu	PROPN
cjfa-28098	694	20	,	,	PUNCT
cjfa-28098	694	21	b.b	b.b	PROPN
cjfa-28098	694	22	.	.	PROPN
cjfa-28098	694	23	(	(	PUNCT
cjfa-28098	694	24	2004	2004	NUM
cjfa-28098	694	25	)	)	PUNCT
cjfa-28098	694	26	.	.	PUNCT
cjfa-28098	695	1	corporate	corporate	ADJ
cjfa-28098	695	2	governance	governance	NOUN
cjfa-28098	695	3	and	and	CCONJ
cjfa-28098	695	4	the	the	DET
cjfa-28098	695	5	returns	return	NOUN
cjfa-28098	695	6	on	on	ADP
cjfa-28098	695	7	investment	investment	NOUN
cjfa-28098	695	8	.	.	PUNCT
cjfa-28098	696	1	the	the	DET
cjfa-28098	696	2	journal	journal	NOUN
cjfa-28098	696	3	of	of	ADP
cjfa-28098	696	4	law	law	NOUN
cjfa-28098	696	5	and	and	CCONJ
cjfa-28098	696	6	economics	economic	NOUN
cjfa-28098	696	7	,	,	PUNCT
cjfa-28098	696	8	47	47	NUM
cjfa-28098	696	9	,	,	PUNCT
cjfa-28098	696	10	589–633	589–633	NUM
cjfa-28098	696	11	.	.	PUNCT
cjfa-28098	696	12	http://dx.doi	http://dx.doi	NOUN
cjfa-28098	696	13	.	.	PUNCT
cjfa-28098	697	1	org/10.1086/425062	org/10.1086/425062	PROPN
cjfa-28098	697	2	.	.	PUNCT
cjfa-28098	698	1	hall	hall	PROPN
cjfa-28098	698	2	,	,	PUNCT
cjfa-28098	698	3	p.a	p.a	PROPN
cjfa-28098	698	4	.	.	PROPN
cjfa-28098	698	5	,	,	PUNCT
cjfa-28098	698	6	&	&	CCONJ
cjfa-28098	698	7	soskice	soskice	PROPN
cjfa-28098	698	8	,	,	PUNCT
cjfa-28098	698	9	d.	d.	PROPN
cjfa-28098	698	10	(	(	PUNCT
cjfa-28098	698	11	2001	2001	NUM
cjfa-28098	698	12	)	)	PUNCT
cjfa-28098	698	13	.	.	PUNCT
cjfa-28098	699	1	an	an	DET
cjfa-28098	699	2	introduction	introduction	NOUN
cjfa-28098	699	3	to	to	ADP
cjfa-28098	699	4	varieties	variety	NOUN
cjfa-28098	699	5	of	of	ADP
cjfa-28098	699	6	capitalism	capitalism	NOUN
cjfa-28098	699	7	.	.	PUNCT
cjfa-28098	700	1	oxford	oxford	NOUN
cjfa-28098	700	2	:	:	PUNCT
cjfa-28098	700	3	oxford	oxford	PROPN
cjfa-28098	700	4	university	university	PROPN
cjfa-28098	700	5	press	press	NOUN
cjfa-28098	700	6	.	.	PUNCT
cjfa-28098	701	1	hamilton	hamilton	PROPN
cjfa-28098	701	2	,	,	PUNCT
cjfa-28098	701	3	g.g	g.g	PROPN
cjfa-28098	701	4	.	.	PROPN
cjfa-28098	701	5	,	,	PUNCT
cjfa-28098	701	6	feenstra	feenstra	PROPN
cjfa-28098	701	7	,	,	PUNCT
cjfa-28098	701	8	r.	r.	PROPN
cjfa-28098	701	9	,	,	PUNCT
cjfa-28098	701	10	choe	choe	PROPN
cjfa-28098	701	11	,	,	PUNCT
cjfa-28098	701	12	w.	w.	PROPN
cjfa-28098	701	13	,	,	PUNCT
cjfa-28098	701	14	kim	kim	PROPN
cjfa-28098	701	15	,	,	PUNCT
cjfa-28098	701	16	c.k	c.k	PROPN
cjfa-28098	701	17	.	.	PROPN
cjfa-28098	701	18	,	,	PUNCT
cjfa-28098	701	19	&	&	CCONJ
cjfa-28098	701	20	lim	lim	PROPN
cjfa-28098	701	21	,	,	PUNCT
cjfa-28098	701	22	e.m	e.m	PROPN
cjfa-28098	701	23	.	.	PROPN
cjfa-28098	701	24	(	(	PUNCT
cjfa-28098	701	25	2000	2000	NUM
cjfa-28098	701	26	)	)	PUNCT
cjfa-28098	701	27	.	.	PUNCT
cjfa-28098	702	1	neither	neither	CCONJ
cjfa-28098	702	2	states	state	NOUN
cjfa-28098	702	3	nor	nor	CCONJ
cjfa-28098	702	4	markets	market	NOUN
cjfa-28098	702	5	:	:	PUNCT
cjfa-28098	702	6	the	the	DET
cjfa-28098	702	7	role	role	NOUN
cjfa-28098	702	8	of	of	ADP
cjfa-28098	702	9	economic	economic	ADJ
cjfa-28098	702	10	organization	organization	NOUN
cjfa-28098	702	11	in	in	ADP
cjfa-28098	702	12	asian	asian	ADJ
cjfa-28098	702	13	development	development	NOUN
cjfa-28098	702	14	.	.	PUNCT
cjfa-28098	703	1	international	international	ADJ
cjfa-28098	703	2	sociology	sociology	NOUN
cjfa-28098	703	3	,	,	PUNCT
cjfa-28098	703	4	15	15	NUM
cjfa-28098	703	5	,	,	PUNCT
cjfa-28098	703	6	288–305	288–305	NUM
cjfa-28098	703	7	.	.	PUNCT
cjfa-28098	704	1	http://dx.doi.org/10.1177/0268580900015002009	http://dx.doi.org/10.1177/0268580900015002009	PROPN
cjfa-28098	704	2	.	.	PUNCT
cjfa-28098	705	1	hansen	hansen	PROPN
cjfa-28098	705	2	,	,	PUNCT
cjfa-28098	705	3	r.s	r.s	PROPN
cjfa-28098	705	4	.	.	PROPN
cjfa-28098	705	5	,	,	PUNCT
cjfa-28098	705	6	&	&	CCONJ
cjfa-28098	705	7	torregrosa	torregrosa	PROPN
cjfa-28098	705	8	,	,	PUNCT
cjfa-28098	705	9	p.	p.	NOUN
cjfa-28098	705	10	(	(	PUNCT
cjfa-28098	705	11	1992	1992	NUM
cjfa-28098	705	12	)	)	PUNCT
cjfa-28098	705	13	.	.	PUNCT
cjfa-28098	706	1	underwriter	underwriter	NOUN
cjfa-28098	706	2	compensation	compensation	NOUN
cjfa-28098	706	3	and	and	CCONJ
cjfa-28098	706	4	corporate	corporate	ADJ
cjfa-28098	706	5	monitoring	monitoring	NOUN
cjfa-28098	706	6	.	.	PUNCT
cjfa-28098	707	1	the	the	DET
cjfa-28098	707	2	journal	journal	PROPN
cjfa-28098	707	3	of	of	ADP
cjfa-28098	707	4	finance	finance	NOUN
cjfa-28098	707	5	,	,	PUNCT
cjfa-28098	707	6	47	47	NUM
cjfa-28098	707	7	,	,	PUNCT
cjfa-28098	707	8	1537–1555	1537–1555	NUM
cjfa-28098	707	9	.	.	PUNCT
cjfa-28098	708	1	hansmann	hansmann	PROPN
cjfa-28098	708	2	,	,	PUNCT
cjfa-28098	708	3	h.	h.	PROPN
cjfa-28098	708	4	,	,	PUNCT
cjfa-28098	708	5	&	&	CCONJ
cjfa-28098	708	6	kraakman	kraakman	PROPN
cjfa-28098	708	7	,	,	PUNCT
cjfa-28098	708	8	r.	r.	PROPN
cjfa-28098	708	9	(	(	PUNCT
cjfa-28098	708	10	2000	2000	NUM
cjfa-28098	708	11	)	)	PUNCT
cjfa-28098	708	12	.	.	PUNCT
cjfa-28098	709	1	the	the	DET
cjfa-28098	709	2	essential	essential	ADJ
cjfa-28098	709	3	role	role	NOUN
cjfa-28098	709	4	of	of	ADP
cjfa-28098	709	5	organizational	organizational	ADJ
cjfa-28098	709	6	law	law	NOUN
cjfa-28098	709	7	.	.	PUNCT
cjfa-28098	710	1	yale	yale	PROPN
cjfa-28098	710	2	lj	lj	PROPN
cjfa-28098	710	3	,	,	PUNCT
cjfa-28098	710	4	110	110	NUM
cjfa-28098	710	5	,	,	PUNCT
cjfa-28098	710	6	387	387	NUM
cjfa-28098	710	7	.	.	PUNCT
cjfa-28098	710	8	hansmann	hansmann	PROPN
cjfa-28098	710	9	,	,	PUNCT
cjfa-28098	710	10	h.	h.	PROPN
cjfa-28098	710	11	&	&	CCONJ
cjfa-28098	710	12	kraakman	kraakman	PROPN
cjfa-28098	710	13	,	,	PUNCT
cjfa-28098	710	14	r.	r.	PROPN
cjfa-28098	710	15	(	(	PUNCT
cjfa-28098	710	16	2004	2004	NUM
cjfa-28098	710	17	)	)	PUNCT
cjfa-28098	710	18	.	.	PUNCT
cjfa-28098	711	1	the	the	DET
cjfa-28098	711	2	basic	basic	ADJ
cjfa-28098	711	3	governance	governance	NOUN
cjfa-28098	711	4	structure	structure	NOUN
cjfa-28098	711	5	.	.	PUNCT
cjfa-28098	712	1	the	the	DET
cjfa-28098	712	2	anatomy	anatomy	NOUN
cjfa-28098	712	3	of	of	ADP
cjfa-28098	712	4	corporate	corporate	ADJ
cjfa-28098	712	5	law	law	NOUN
cjfa-28098	712	6	,	,	PUNCT
cjfa-28098	712	7	69	69	NUM
cjfa-28098	712	8	.	.	PUNCT
cjfa-28098	713	1	harris	harris	PROPN
cjfa-28098	713	2	,	,	PUNCT
cjfa-28098	713	3	m.	m.	NOUN
cjfa-28098	713	4	,	,	PUNCT
cjfa-28098	713	5	&	&	CCONJ
cjfa-28098	713	6	raviv	raviv	PROPN
cjfa-28098	713	7	,	,	PUNCT
cjfa-28098	713	8	a.	a.	NOUN
cjfa-28098	713	9	(	(	PUNCT
cjfa-28098	713	10	1991	1991	NUM
cjfa-28098	713	11	)	)	PUNCT
cjfa-28098	713	12	.	.	PUNCT
cjfa-28098	714	1	the	the	DET
cjfa-28098	714	2	theory	theory	NOUN
cjfa-28098	714	3	of	of	ADP
cjfa-28098	714	4	capital	capital	NOUN
cjfa-28098	714	5	structure	structure	NOUN
cjfa-28098	714	6	.	.	PUNCT
cjfa-28098	715	1	the	the	DET
cjfa-28098	715	2	journal	journal	PROPN
cjfa-28098	715	3	of	of	ADP
cjfa-28098	715	4	finance	finance	NOUN
cjfa-28098	715	5	,	,	PUNCT
cjfa-28098	715	6	46	46	NUM
cjfa-28098	715	7	,	,	PUNCT
cjfa-28098	715	8	297–355	297–355	NUM
cjfa-28098	715	9	.	.	PUNCT
cjfa-28098	716	1	harris	harris	PROPN
cjfa-28098	716	2	,	,	PUNCT
cjfa-28098	716	3	m.	m.	NOUN
cjfa-28098	716	4	,	,	PUNCT
cjfa-28098	716	5	&	&	CCONJ
cjfa-28098	716	6	raviv	raviv	PROPN
cjfa-28098	716	7	,	,	PUNCT
cjfa-28098	716	8	a.	a.	NOUN
cjfa-28098	716	9	(	(	PUNCT
cjfa-28098	716	10	2005	2005	NUM
cjfa-28098	716	11	)	)	PUNCT
cjfa-28098	716	12	.	.	PUNCT
cjfa-28098	717	1	allocation	allocation	NOUN
cjfa-28098	717	2	of	of	ADP
cjfa-28098	717	3	decision	decision	NOUN
cjfa-28098	717	4	-	-	PUNCT
cjfa-28098	717	5	making	make	VERB
cjfa-28098	717	6	authority	authority	NOUN
cjfa-28098	717	7	.	.	PUNCT
cjfa-28098	718	1	review	review	NOUN
cjfa-28098	718	2	of	of	ADP
cjfa-28098	718	3	finance	finance	NOUN
cjfa-28098	718	4	,	,	PUNCT
cjfa-28098	718	5	9	9	NUM
cjfa-28098	718	6	,	,	PUNCT
cjfa-28098	718	7	353–383	353–383	NUM
cjfa-28098	718	8	.	.	PUNCT
cjfa-28098	719	1	http://dx.doi.org/10.1007/s10679-005-2263-z	http://dx.doi.org/10.1007/s10679-005-2263-z	NOUN
cjfa-28098	719	2	.	.	PUNCT
cjfa-28098	720	1	hart	hart	PROPN
cjfa-28098	720	2	,	,	PUNCT
cjfa-28098	720	3	o.d	o.d	PROPN
cjfa-28098	720	4	.	.	PROPN
cjfa-28098	720	5	(	(	PUNCT
cjfa-28098	720	6	1983	1983	NUM
cjfa-28098	720	7	)	)	PUNCT
cjfa-28098	720	8	.	.	PUNCT
cjfa-28098	721	1	the	the	DET
cjfa-28098	721	2	market	market	NOUN
cjfa-28098	721	3	mechanism	mechanism	NOUN
cjfa-28098	721	4	as	as	ADP
cjfa-28098	721	5	an	an	DET
cjfa-28098	721	6	incentive	incentive	NOUN
cjfa-28098	721	7	scheme	scheme	NOUN
cjfa-28098	721	8	.	.	PUNCT
cjfa-28098	722	1	the	the	DET
cjfa-28098	722	2	bell	bell	PROPN
cjfa-28098	722	3	journal	journal	PROPN
cjfa-28098	722	4	of	of	ADP
cjfa-28098	722	5	economics	economic	NOUN
cjfa-28098	722	6	,	,	PUNCT
cjfa-28098	722	7	366–382	366–382	NUM
cjfa-28098	722	8	.	.	PUNCT
cjfa-28098	722	9	hartzell	hartzell	PROPN
cjfa-28098	722	10	,	,	PUNCT
cjfa-28098	722	11	j.c	j.c	PROPN
cjfa-28098	722	12	.	.	PROPN
cjfa-28098	722	13	,	,	PUNCT
cjfa-28098	722	14	ofek	ofek	PROPN
cjfa-28098	722	15	,	,	PUNCT
cjfa-28098	722	16	e.	e.	PROPN
cjfa-28098	722	17	,	,	PUNCT
cjfa-28098	722	18	&	&	CCONJ
cjfa-28098	722	19	yermack	yermack	PROPN
cjfa-28098	722	20	,	,	PUNCT
cjfa-28098	722	21	d.	d.	PROPN
cjfa-28098	722	22	(	(	PUNCT
cjfa-28098	722	23	2004	2004	NUM
cjfa-28098	722	24	)	)	PUNCT
cjfa-28098	722	25	.	.	PUNCT
cjfa-28098	723	1	what	what	PRON
cjfa-28098	723	2	’s	’	VERB
cjfa-28098	723	3	in	in	ADP
cjfa-28098	723	4	it	it	PRON
cjfa-28098	723	5	for	for	ADP
cjfa-28098	723	6	me	i	PRON
cjfa-28098	723	7	?	?	PUNCT
cjfa-28098	724	1	ceos	ceo	NOUN
cjfa-28098	724	2	whose	whose	DET
cjfa-28098	724	3	firms	firm	NOUN
cjfa-28098	724	4	are	be	AUX
cjfa-28098	724	5	acquired	acquire	VERB
cjfa-28098	724	6	.	.	PUNCT
cjfa-28098	725	1	the	the	DET
cjfa-28098	725	2	review	review	NOUN
cjfa-28098	725	3	of	of	ADP
cjfa-28098	725	4	financial	financial	ADJ
cjfa-28098	725	5	studies	study	NOUN
cjfa-28098	725	6	,	,	PUNCT
cjfa-28098	725	7	17	17	NUM
cjfa-28098	725	8	,	,	PUNCT
cjfa-28098	725	9	37–61	37–61	NUM
cjfa-28098	725	10	.	.	PUNCT
cjfa-28098	726	1	http://dx.doi.org/10.1093/rfs/	http://dx.doi.org/10.1093/rfs/	PROPN
cjfa-28098	726	2	hhg034	hhg034	PROPN
cjfa-28098	726	3	.	.	PUNCT
cjfa-28098	726	4	hazarika	hazarika	NOUN
cjfa-28098	726	5	,	,	PUNCT
cjfa-28098	726	6	s.	s.	PROPN
cjfa-28098	726	7	,	,	PUNCT
cjfa-28098	726	8	karpoff	karpoff	PROPN
cjfa-28098	726	9	,	,	PUNCT
cjfa-28098	726	10	j.m	j.m	PROPN
cjfa-28098	726	11	.	.	PROPN
cjfa-28098	726	12	,	,	PUNCT
cjfa-28098	726	13	&	&	CCONJ
cjfa-28098	726	14	nahata	nahata	PROPN
cjfa-28098	726	15	,	,	PUNCT
cjfa-28098	726	16	r.	r.	PROPN
cjfa-28098	726	17	(	(	PUNCT
cjfa-28098	726	18	2012	2012	NUM
cjfa-28098	726	19	)	)	PUNCT
cjfa-28098	726	20	.	.	PUNCT
cjfa-28098	727	1	internal	internal	ADJ
cjfa-28098	727	2	corporate	corporate	ADJ
cjfa-28098	727	3	governance	governance	NOUN
cjfa-28098	727	4	,	,	PUNCT
cjfa-28098	727	5	ceo	ceo	NOUN
cjfa-28098	727	6	turnover	turnover	NOUN
cjfa-28098	727	7	,	,	PUNCT
cjfa-28098	727	8	and	and	CCONJ
cjfa-28098	727	9	earnings	earning	NOUN
cjfa-28098	727	10	management	management	NOUN
cjfa-28098	727	11	.	.	PUNCT
cjfa-28098	728	1	journal	journal	NOUN
cjfa-28098	728	2	of	of	ADP
cjfa-28098	728	3	financial	financial	ADJ
cjfa-28098	728	4	economics	economic	NOUN
cjfa-28098	728	5	,	,	PUNCT
cjfa-28098	728	6	104	104	NUM
cjfa-28098	728	7	,	,	PUNCT
cjfa-28098	728	8	44–69	44–69	NUM
cjfa-28098	728	9	.	.	PUNCT
cjfa-28098	729	1	http://dx.doi.org/10.1016/j.jfineco.2011.10.011	http://dx.doi.org/10.1016/j.jfineco.2011.10.011	PROPN
cjfa-28098	729	2	.	.	PROPN
cjfa-28098	729	3	heit	heit	PROPN
cjfa-28098	729	4	,	,	PUNCT
cjfa-28098	729	5	j.a	j.a	PROPN
cjfa-28098	729	6	.	.	PROPN
cjfa-28098	729	7	,	,	PUNCT
cjfa-28098	729	8	cohen	cohen	PROPN
cjfa-28098	729	9	,	,	PUNCT
cjfa-28098	729	10	a.t	a.t	PROPN
cjfa-28098	729	11	.	.	PROPN
cjfa-28098	729	12	,	,	PUNCT
cjfa-28098	729	13	&	&	CCONJ
cjfa-28098	729	14	anderson	anderson	PROPN
cjfa-28098	729	15	,	,	PUNCT
cjfa-28098	729	16	f.a	f.a	PROPN
cjfa-28098	729	17	.	.	PROPN
cjfa-28098	729	18	(	(	PUNCT
cjfa-28098	729	19	2005	2005	NUM
cjfa-28098	729	20	)	)	PUNCT
cjfa-28098	729	21	.	.	PUNCT
cjfa-28098	730	1	estimated	estimate	VERB
cjfa-28098	730	2	annual	annual	ADJ
cjfa-28098	730	3	number	number	NOUN
cjfa-28098	730	4	of	of	ADP
cjfa-28098	730	5	incident	incident	NOUN
cjfa-28098	730	6	and	and	CCONJ
cjfa-28098	730	7	recurrent	recurrent	NOUN
cjfa-28098	730	8	,	,	PUNCT
cjfa-28098	730	9	non	non	ADJ
cjfa-28098	730	10	-	-	ADJ
cjfa-28098	730	11	fatal	fatal	ADJ
cjfa-28098	730	12	and	and	CCONJ
cjfa-28098	730	13	fatal	fatal	ADJ
cjfa-28098	730	14	venous	venous	ADJ
cjfa-28098	730	15	thromboembolism	thromboembolism	NOUN
cjfa-28098	730	16	(	(	PUNCT
cjfa-28098	730	17	vte	vte	NOUN
cjfa-28098	730	18	)	)	PUNCT
cjfa-28098	730	19	events	event	NOUN
cjfa-28098	730	20	in	in	ADP
cjfa-28098	730	21	the	the	DET
cjfa-28098	730	22	us	us	PROPN
cjfa-28098	730	23	.	.	PUNCT
cjfa-28098	731	1	blood	blood	NOUN
cjfa-28098	731	2	,	,	PUNCT
cjfa-28098	731	3	106(11	106(11	NUM
cjfa-28098	731	4	)	)	PUNCT
cjfa-28098	731	5	.	.	PUNCT
cjfa-28098	732	1	hermalin	hermalin	PROPN
cjfa-28098	732	2	,	,	PUNCT
cjfa-28098	732	3	b.e	b.e	PROPN
cjfa-28098	732	4	.	.	PROPN
cjfa-28098	732	5	(	(	PUNCT
cjfa-28098	732	6	1992	1992	NUM
cjfa-28098	732	7	)	)	PUNCT
cjfa-28098	732	8	.	.	PUNCT
cjfa-28098	733	1	the	the	DET
cjfa-28098	733	2	effects	effect	NOUN
cjfa-28098	733	3	of	of	ADP
cjfa-28098	733	4	competition	competition	NOUN
cjfa-28098	733	5	on	on	ADP
cjfa-28098	733	6	executive	executive	ADJ
cjfa-28098	733	7	behavior	behavior	NOUN
cjfa-28098	733	8	.	.	PUNCT
cjfa-28098	734	1	the	the	DET
cjfa-28098	734	2	rand	rand	PROPN
cjfa-28098	734	3	journal	journal	NOUN
cjfa-28098	734	4	of	of	ADP
cjfa-28098	734	5	economics	economic	NOUN
cjfa-28098	734	6	,	,	PUNCT
cjfa-28098	734	7	350–365	350–365	NUM
cjfa-28098	734	8	.	.	PUNCT
cjfa-28098	735	1	hermalin	hermalin	PROPN
cjfa-28098	735	2	,	,	PUNCT
cjfa-28098	735	3	b.e	b.e	PROPN
cjfa-28098	735	4	.	.	PROPN
cjfa-28098	735	5	(	(	PUNCT
cjfa-28098	735	6	2005	2005	NUM
cjfa-28098	735	7	)	)	PUNCT
cjfa-28098	735	8	.	.	PUNCT
cjfa-28098	736	1	trends	trend	NOUN
cjfa-28098	736	2	in	in	ADP
cjfa-28098	736	3	corporate	corporate	ADJ
cjfa-28098	736	4	governance	governance	NOUN
cjfa-28098	736	5	.	.	PUNCT
cjfa-28098	737	1	the	the	DET
cjfa-28098	737	2	journal	journal	PROPN
cjfa-28098	737	3	of	of	ADP
cjfa-28098	737	4	finance	finance	NOUN
cjfa-28098	737	5	,	,	PUNCT
cjfa-28098	737	6	60	60	NUM
cjfa-28098	737	7	,	,	PUNCT
cjfa-28098	737	8	2351	2351	NUM
cjfa-28098	737	9	–	–	PUNCT
cjfa-28098	737	10	 	 	SPACE
cjfa-28098	737	11	2384	2384	NUM
cjfa-28098	737	12	.	.	PUNCT
cjfa-28098	738	1	http://dx.doi.org/10.1111/j.1540-6261.2005.00801.x	http://dx.doi.org/10.1111/j.1540-6261.2005.00801.x	NOUN
cjfa-28098	738	2	.	.	PUNCT
cjfa-28098	739	1	hermalin	hermalin	PROPN
cjfa-28098	739	2	,	,	PUNCT
cjfa-28098	739	3	b.e	b.e	PROPN
cjfa-28098	739	4	.	.	PROPN
cjfa-28098	739	5	,	,	PUNCT
cjfa-28098	739	6	&	&	CCONJ
cjfa-28098	739	7	weisbach	weisbach	PROPN
cjfa-28098	739	8	,	,	PUNCT
cjfa-28098	739	9	m.s	m.s	PROPN
cjfa-28098	739	10	.	.	PROPN
cjfa-28098	739	11	(	(	PUNCT
cjfa-28098	739	12	1988	1988	NUM
cjfa-28098	739	13	)	)	PUNCT
cjfa-28098	739	14	.	.	PUNCT
cjfa-28098	740	1	the	the	DET
cjfa-28098	740	2	determinants	determinant	NOUN
cjfa-28098	740	3	of	of	ADP
cjfa-28098	740	4	board	board	NOUN
cjfa-28098	740	5	composition	composition	NOUN
cjfa-28098	740	6	.	.	PUNCT
cjfa-28098	741	1	the	the	DET
cjfa-28098	741	2	rand	rand	PROPN
cjfa-28098	741	3	journal	journal	NOUN
cjfa-28098	741	4	of	of	ADP
cjfa-28098	741	5	economics	economic	NOUN
cjfa-28098	741	6	,	,	PUNCT
cjfa-28098	741	7	589–606	589–606	NUM
cjfa-28098	741	8	.	.	PUNCT
cjfa-28098	742	1	hermalin	hermalin	PROPN
cjfa-28098	742	2	,	,	PUNCT
cjfa-28098	742	3	b.e	b.e	PROPN
cjfa-28098	742	4	.	.	PROPN
cjfa-28098	742	5	,	,	PUNCT
cjfa-28098	742	6	&	&	CCONJ
cjfa-28098	742	7	weisbach	weisbach	PROPN
cjfa-28098	742	8	,	,	PUNCT
cjfa-28098	742	9	m.s	m.s	PROPN
cjfa-28098	742	10	.	.	PROPN
cjfa-28098	742	11	(	(	PUNCT
cjfa-28098	742	12	1991	1991	NUM
cjfa-28098	742	13	)	)	PUNCT
cjfa-28098	742	14	.	.	PUNCT
cjfa-28098	743	1	the	the	DET
cjfa-28098	743	2	effects	effect	NOUN
cjfa-28098	743	3	of	of	ADP
cjfa-28098	743	4	board	board	NOUN
cjfa-28098	743	5	composition	composition	NOUN
cjfa-28098	743	6	and	and	CCONJ
cjfa-28098	743	7	direct	direct	ADJ
cjfa-28098	743	8	incentives	incentive	NOUN
cjfa-28098	743	9	on	on	ADP
cjfa-28098	743	10	firm	firm	ADJ
cjfa-28098	743	11	performance	performance	NOUN
cjfa-28098	743	12	.	.	PUNCT
cjfa-28098	744	1	financial	financial	ADJ
cjfa-28098	744	2	management	management	NOUN
cjfa-28098	744	3	,	,	PUNCT
cjfa-28098	744	4	101–112	101–112	NUM
cjfa-28098	744	5	.	.	PUNCT
cjfa-28098	744	6	atm	atm	PROPN
cjfa-28098	744	7	adnan	adnan	PROPN
cjfa-28098	744	8	,	,	PUNCT
cjfa-28098	744	9	nisar	nisar	PROPN
cjfa-28098	744	10	ahmed42	ahmed42	ADV
cjfa-28098	744	11	hillier	hillier	ADV
cjfa-28098	744	12	,	,	PUNCT
cjfa-28098	744	13	d.	d.	PROPN
cjfa-28098	744	14	,	,	PUNCT
cjfa-28098	744	15	&	&	CCONJ
cjfa-28098	744	16	mccolgan	mccolgan	NOUN
cjfa-28098	744	17	,	,	PUNCT
cjfa-28098	744	18	p.	p.	NOUN
cjfa-28098	744	19	(	(	PUNCT
cjfa-28098	744	20	2006	2006	NUM
cjfa-28098	744	21	)	)	PUNCT
cjfa-28098	744	22	.	.	PUNCT
cjfa-28098	745	1	an	an	DET
cjfa-28098	745	2	analysis	analysis	NOUN
cjfa-28098	745	3	of	of	ADP
cjfa-28098	745	4	changes	change	NOUN
cjfa-28098	745	5	in	in	ADP
cjfa-28098	745	6	board	board	NOUN
cjfa-28098	745	7	structure	structure	NOUN
cjfa-28098	745	8	during	during	ADP
cjfa-28098	745	9	corporate	corporate	ADJ
cjfa-28098	745	10	governance	governance	NOUN
cjfa-28098	745	11	reforms	reform	NOUN
cjfa-28098	745	12	.	.	PUNCT
cjfa-28098	746	1	european	european	ADJ
cjfa-28098	746	2	financial	financial	ADJ
cjfa-28098	746	3	management	management	NOUN
cjfa-28098	746	4	,	,	PUNCT
cjfa-28098	746	5	12	12	NUM
cjfa-28098	746	6	,	,	PUNCT
cjfa-28098	746	7	575–607	575–607	NUM
cjfa-28098	746	8	.	.	PUNCT
cjfa-28098	747	1	http://	http://	PROPN
cjfa-28098	747	2	dx.doi.org/10.1111/j.1468-036x.2006.00332.x	dx.doi.org/10.1111/j.1468-036x.2006.00332.x	PROPN
cjfa-28098	747	3	.	.	PUNCT
cjfa-28098	748	1	ho	ho	PROPN
cjfa-28098	748	2	,	,	PUNCT
cjfa-28098	748	3	v.h	v.h	PROPN
cjfa-28098	748	4	.	.	PROPN
cjfa-28098	748	5	(	(	PUNCT
cjfa-28098	748	6	2010	2010	NUM
cjfa-28098	748	7	)	)	PUNCT
cjfa-28098	748	8	.	.	PUNCT
cjfa-28098	749	1	enlightened	enlighten	VERB
cjfa-28098	749	2	shareholder	shareholder	NOUN
cjfa-28098	749	3	value	value	NOUN
cjfa-28098	749	4	:	:	PUNCT
cjfa-28098	749	5	corporate	corporate	ADJ
cjfa-28098	749	6	governance	governance	NOUN
cjfa-28098	749	7	beyond	beyond	ADP
cjfa-28098	749	8	the	the	DET
cjfa-28098	749	9	shareholder	shareholder	NOUN
cjfa-28098	749	10	-	-	PUNCT
cjfa-28098	749	11	stakeholder	stakeholder	NOUN
cjfa-28098	749	12	divide	divide	NOUN
cjfa-28098	749	13	.	.	PUNCT
cjfa-28098	750	1	j.	j.	PROPN
cjfa-28098	750	2	corp	corp	PROPN
cjfa-28098	750	3	.	.	PROPN
cjfa-28098	750	4	l.	l.	PROPN
cjfa-28098	750	5	,	,	PUNCT
cjfa-28098	750	6	36	36	NUM
cjfa-28098	750	7	,	,	PUNCT
cjfa-28098	750	8	59	59	NUM
cjfa-28098	750	9	.	.	PUNCT
cjfa-28098	751	1	http://dx.doi.org/10.2139/	http://dx.doi.org/10.2139/	PUNCT
cjfa-28098	751	2	ssrn.1476116	ssrn.1476116	PROPN
cjfa-28098	751	3	.	.	PUNCT
cjfa-28098	752	1	holmström	holmström	PROPN
cjfa-28098	752	2	,	,	PUNCT
cjfa-28098	752	3	b.	b.	PROPN
cjfa-28098	752	4	(	(	PUNCT
cjfa-28098	752	5	1999	1999	NUM
cjfa-28098	752	6	)	)	PUNCT
cjfa-28098	752	7	.	.	PUNCT
cjfa-28098	753	1	managerial	managerial	ADJ
cjfa-28098	753	2	incentive	incentive	NOUN
cjfa-28098	753	3	problems	problem	NOUN
cjfa-28098	753	4	:	:	PUNCT
cjfa-28098	753	5	a	a	DET
cjfa-28098	753	6	dynamic	dynamic	ADJ
cjfa-28098	753	7	perspective	perspective	NOUN
cjfa-28098	753	8	.	.	PUNCT
cjfa-28098	754	1	the	the	DET
cjfa-28098	754	2	review	review	NOUN
cjfa-28098	754	3	of	of	ADP
cjfa-28098	754	4	economic	economic	ADJ
cjfa-28098	754	5	studies	study	NOUN
cjfa-28098	754	6	,	,	PUNCT
cjfa-28098	754	7	66	66	NUM
cjfa-28098	754	8	,	,	PUNCT
cjfa-28098	754	9	169–182	169–182	NUM
cjfa-28098	754	10	.	.	PUNCT
cjfa-28098	755	1	holmström	holmström	PROPN
cjfa-28098	755	2	,	,	PUNCT
cjfa-28098	755	3	b.	b.	PROPN
cjfa-28098	755	4	,	,	PUNCT
cjfa-28098	755	5	&	&	CCONJ
cjfa-28098	755	6	costa	costa	PROPN
cjfa-28098	755	7	,	,	PUNCT
cjfa-28098	755	8	j.r.i	j.r.i	NOUN
cjfa-28098	755	9	.	.	PUNCT
cjfa-28098	756	1	(	(	PUNCT
cjfa-28098	756	2	1986	1986	NUM
cjfa-28098	756	3	)	)	PUNCT
cjfa-28098	756	4	.	.	PUNCT
cjfa-28098	757	1	managerial	managerial	ADJ
cjfa-28098	757	2	incentives	incentive	NOUN
cjfa-28098	757	3	and	and	CCONJ
cjfa-28098	757	4	capital	capital	NOUN
cjfa-28098	757	5	management	management	NOUN
cjfa-28098	757	6	.	.	PUNCT
cjfa-28098	758	1	the	the	DET
cjfa-28098	758	2	quarterly	quarterly	ADJ
cjfa-28098	758	3	journal	journal	NOUN
cjfa-28098	758	4	of	of	ADP
cjfa-28098	758	5	economics	economic	NOUN
cjfa-28098	758	6	,	,	PUNCT
cjfa-28098	758	7	101	101	NUM
cjfa-28098	758	8	,	,	PUNCT
cjfa-28098	758	9	835–860	835–860	NUM
cjfa-28098	758	10	.	.	PUNCT
cjfa-28098	759	1	huang	huang	PROPN
cjfa-28098	759	2	,	,	PUNCT
cjfa-28098	759	3	h.-h	h.-h	PROPN
cjfa-28098	759	4	.	.	PUNCT
cjfa-28098	759	5	,	,	PUNCT
cjfa-28098	759	6	hsu	hsu	PROPN
cjfa-28098	759	7	,	,	PUNCT
cjfa-28098	759	8	p.	p.	PROPN
cjfa-28098	759	9	,	,	PUNCT
cjfa-28098	759	10	khan	khan	PROPN
cjfa-28098	759	11	,	,	PUNCT
cjfa-28098	759	12	h.a	h.a	PROPN
cjfa-28098	759	13	.	.	PROPN
cjfa-28098	759	14	,	,	PUNCT
cjfa-28098	759	15	&	&	CCONJ
cjfa-28098	759	16	yu	yu	PROPN
cjfa-28098	759	17	,	,	PUNCT
cjfa-28098	759	18	y.-l	y.-l	NOUN
cjfa-28098	759	19	.	.	PUNCT
cjfa-28098	760	1	(	(	PUNCT
cjfa-28098	760	2	2008	2008	NUM
cjfa-28098	760	3	)	)	PUNCT
cjfa-28098	760	4	.	.	PUNCT
cjfa-28098	761	1	does	do	AUX
cjfa-28098	761	2	the	the	DET
cjfa-28098	761	3	appointment	appointment	NOUN
cjfa-28098	761	4	of	of	ADP
cjfa-28098	761	5	an	an	DET
cjfa-28098	761	6	outside	outside	ADJ
cjfa-28098	761	7	director	director	NOUN
cjfa-28098	761	8	increase	increase	VERB
cjfa-28098	761	9	firm	firm	ADJ
cjfa-28098	761	10	value	value	NOUN
cjfa-28098	761	11	?	?	PUNCT
cjfa-28098	762	1	evidence	evidence	NOUN
cjfa-28098	762	2	from	from	ADP
cjfa-28098	762	3	taiwan	taiwan	PROPN
cjfa-28098	762	4	.	.	PUNCT
cjfa-28098	763	1	emerging	emerge	VERB
cjfa-28098	763	2	markets	market	NOUN
cjfa-28098	763	3	finance	finance	NOUN
cjfa-28098	763	4	and	and	CCONJ
cjfa-28098	763	5	trade	trade	NOUN
cjfa-28098	763	6	,	,	PUNCT
cjfa-28098	763	7	44	44	NUM
cjfa-28098	763	8	,	,	PUNCT
cjfa-28098	763	9	66–80	66–80	NUM
cjfa-28098	763	10	.	.	PUNCT
cjfa-28098	764	1	http://dx.doi.org/10.2753/ree1540-496x440305	http://dx.doi.org/10.2753/ree1540-496x440305	PROPN
cjfa-28098	764	2	.	.	PROPN
cjfa-28098	764	3	hui	hui	PROPN
cjfa-28098	764	4	,	,	PUNCT
cjfa-28098	764	5	w.	w.	PROPN
cjfa-28098	764	6	(	(	PUNCT
cjfa-28098	764	7	2003	2003	NUM
cjfa-28098	764	8	)	)	PUNCT
cjfa-28098	764	9	.	.	PUNCT
cjfa-28098	765	1	debt	debt	NOUN
cjfa-28098	765	2	financing	financing	NOUN
cjfa-28098	765	3	,	,	PUNCT
cjfa-28098	765	4	corporate	corporate	ADJ
cjfa-28098	765	5	governance	governance	NOUN
cjfa-28098	765	6	and	and	CCONJ
cjfa-28098	765	7	market	market	NOUN
cjfa-28098	765	8	valuation	valuation	NOUN
cjfa-28098	765	9	of	of	ADP
cjfa-28098	765	10	listed	list	VERB
cjfa-28098	765	11	companies	company	NOUN
cjfa-28098	765	12	.	.	PUNCT
cjfa-28098	766	1	economic	economic	ADJ
cjfa-28098	766	2	research	research	NOUN
cjfa-28098	766	3	journal	journal	NOUN
cjfa-28098	766	4	,	,	PUNCT
cjfa-28098	766	5	8	8	NUM
cjfa-28098	766	6	,	,	PUNCT
cjfa-28098	766	7	28–36	28–36	NUM
cjfa-28098	766	8	.	.	PUNCT
cjfa-28098	766	9	hummels	hummel	NOUN
cjfa-28098	766	10	,	,	PUNCT
cjfa-28098	766	11	h.	h.	PROPN
cjfa-28098	766	12	(	(	PUNCT
cjfa-28098	766	13	1998	1998	NUM
cjfa-28098	766	14	)	)	PUNCT
cjfa-28098	766	15	.	.	PUNCT
cjfa-28098	767	1	organizing	organize	VERB
cjfa-28098	767	2	ethics	ethic	NOUN
cjfa-28098	767	3	:	:	PUNCT
cjfa-28098	767	4	a	a	DET
cjfa-28098	767	5	stakeholder	stakeholder	NOUN
cjfa-28098	767	6	debate	debate	NOUN
cjfa-28098	767	7	.	.	PUNCT
cjfa-28098	768	1	journal	journal	PROPN
cjfa-28098	768	2	of	of	ADP
cjfa-28098	768	3	business	business	NOUN
cjfa-28098	768	4	ethics	ethic	NOUN
cjfa-28098	768	5	,	,	PUNCT
cjfa-28098	768	6	17	17	NUM
cjfa-28098	768	7	,	,	PUNCT
cjfa-28098	768	8	1403–1419	1403–1419	NUM
cjfa-28098	768	9	.	.	PUNCT
cjfa-28098	769	1	huson	huson	PROPN
cjfa-28098	769	2	,	,	PUNCT
cjfa-28098	769	3	m.r	m.r	PROPN
cjfa-28098	769	4	.	.	PROPN
cjfa-28098	769	5	,	,	PUNCT
cjfa-28098	769	6	parrino	parrino	PROPN
cjfa-28098	769	7	,	,	PUNCT
cjfa-28098	769	8	r.	r.	PROPN
cjfa-28098	769	9	,	,	PUNCT
cjfa-28098	769	10	&	&	CCONJ
cjfa-28098	769	11	starks	starks	PROPN
cjfa-28098	769	12	,	,	PUNCT
cjfa-28098	769	13	l.t	l.t	PROPN
cjfa-28098	769	14	.	.	PROPN
cjfa-28098	769	15	(	(	PUNCT
cjfa-28098	769	16	2001	2001	NUM
cjfa-28098	769	17	)	)	PUNCT
cjfa-28098	769	18	.	.	PUNCT
cjfa-28098	770	1	internal	internal	ADJ
cjfa-28098	770	2	monitoring	monitoring	NOUN
cjfa-28098	770	3	mechanisms	mechanism	NOUN
cjfa-28098	770	4	and	and	CCONJ
cjfa-28098	770	5	ceo	ceo	NOUN
cjfa-28098	770	6	turnover	turnover	NOUN
cjfa-28098	770	7	:	:	PUNCT
cjfa-28098	770	8	a	a	DET
cjfa-28098	770	9	long	long	ADJ
cjfa-28098	770	10	-	-	PUNCT
cjfa-28098	770	11	term	term	NOUN
cjfa-28098	770	12	perspective	perspective	NOUN
cjfa-28098	770	13	.	.	PUNCT
cjfa-28098	771	1	the	the	DET
cjfa-28098	771	2	journal	journal	PROPN
cjfa-28098	771	3	of	of	ADP
cjfa-28098	771	4	finance	finance	NOUN
cjfa-28098	771	5	,	,	PUNCT
cjfa-28098	771	6	56	56	NUM
cjfa-28098	771	7	,	,	PUNCT
cjfa-28098	771	8	2265–2297	2265–2297	NUM
cjfa-28098	771	9	.	.	PUNCT
cjfa-28098	772	1	http://	http://	PROPN
cjfa-28098	772	2	dx.doi.org/10.1111/0022-1082.00405	dx.doi.org/10.1111/0022-1082.00405	PROPN
cjfa-28098	772	3	.	.	PUNCT
cjfa-28098	773	1	jackson	jackson	PROPN
cjfa-28098	773	2	,	,	PUNCT
cjfa-28098	773	3	g.	g.	PROPN
cjfa-28098	773	4	,	,	PUNCT
cjfa-28098	773	5	&	&	CCONJ
cjfa-28098	773	6	moerke	moerke	PROPN
cjfa-28098	773	7	,	,	PUNCT
cjfa-28098	773	8	a.	a.	NOUN
cjfa-28098	773	9	(	(	PUNCT
cjfa-28098	773	10	2005	2005	NUM
cjfa-28098	773	11	)	)	PUNCT
cjfa-28098	773	12	.	.	PUNCT
cjfa-28098	774	1	continuity	continuity	NOUN
cjfa-28098	774	2	and	and	CCONJ
cjfa-28098	774	3	change	change	NOUN
cjfa-28098	774	4	in	in	ADP
cjfa-28098	774	5	corporate	corporate	ADJ
cjfa-28098	774	6	governance	governance	NOUN
cjfa-28098	774	7	:	:	PUNCT
cjfa-28098	774	8	comparing	compare	VERB
cjfa-28098	774	9	germany	germany	PROPN
cjfa-28098	774	10	and	and	CCONJ
cjfa-28098	774	11	japan	japan	PROPN
cjfa-28098	774	12	.	.	PUNCT
cjfa-28098	775	1	corporate	corporate	ADJ
cjfa-28098	775	2	governance	governance	NOUN
cjfa-28098	775	3	:	:	PUNCT
cjfa-28098	775	4	an	an	DET
cjfa-28098	775	5	international	international	ADJ
cjfa-28098	775	6	review	review	NOUN
cjfa-28098	775	7	,	,	PUNCT
cjfa-28098	775	8	13	13	NUM
cjfa-28098	775	9	,	,	PUNCT
cjfa-28098	775	10	351	351	NUM
cjfa-28098	775	11	–	–	PUNCT
cjfa-28098	775	12	 	 	SPACE
cjfa-28098	775	13	361	361	NUM
cjfa-28098	775	14	.	.	PUNCT
cjfa-28098	776	1	http://dx.doi.org/10.1111/j.1467-8683.2005.00429.x	http://dx.doi.org/10.1111/j.1467-8683.2005.00429.x	NOUN
cjfa-28098	776	2	.	.	PUNCT
cjfa-28098	777	1	jamali	jamali	PROPN
cjfa-28098	777	2	,	,	PUNCT
cjfa-28098	777	3	d.	d.	PROPN
cjfa-28098	777	4	,	,	PUNCT
cjfa-28098	777	5	safieddine	safieddine	NOUN
cjfa-28098	777	6	,	,	PUNCT
cjfa-28098	777	7	a.m.	a.m.	ADV
cjfa-28098	777	8	,	,	PUNCT
cjfa-28098	777	9	&	&	CCONJ
cjfa-28098	777	10	rabbath	rabbath	NOUN
cjfa-28098	777	11	,	,	PUNCT
cjfa-28098	777	12	m.	m.	NOUN
cjfa-28098	777	13	(	(	PUNCT
cjfa-28098	777	14	2008	2008	NUM
cjfa-28098	777	15	)	)	PUNCT
cjfa-28098	777	16	.	.	PUNCT
cjfa-28098	778	1	corporate	corporate	ADJ
cjfa-28098	778	2	governance	governance	NOUN
cjfa-28098	778	3	and	and	CCONJ
cjfa-28098	778	4	corporate	corporate	ADJ
cjfa-28098	778	5	social	social	ADJ
cjfa-28098	778	6	responsibility	responsibility	NOUN
cjfa-28098	778	7	synergies	synergy	NOUN
cjfa-28098	778	8	and	and	CCONJ
cjfa-28098	778	9	interrelationships	interrelationship	NOUN
cjfa-28098	778	10	.	.	PUNCT
cjfa-28098	779	1	corporate	corporate	ADJ
cjfa-28098	779	2	governance	governance	NOUN
cjfa-28098	779	3	:	:	PUNCT
cjfa-28098	779	4	an	an	DET
cjfa-28098	779	5	international	international	ADJ
cjfa-28098	779	6	review	review	NOUN
cjfa-28098	779	7	,	,	PUNCT
cjfa-28098	779	8	16	16	NUM
cjfa-28098	779	9	,	,	PUNCT
cjfa-28098	779	10	443–459	443–459	NUM
cjfa-28098	779	11	.	.	PUNCT
cjfa-28098	780	1	http://dx.doi.org/10.1111/j.14678683.2008.00702.x	http://dx.doi.org/10.1111/j.14678683.2008.00702.x	PROPN
cjfa-28098	780	2	.	.	PUNCT
cjfa-28098	781	1	jensen	jensen	PROPN
cjfa-28098	781	2	,	,	PUNCT
cjfa-28098	781	3	m.c	m.c	PROPN
cjfa-28098	781	4	.	.	PROPN
cjfa-28098	781	5	(	(	PUNCT
cjfa-28098	781	6	1989	1989	NUM
cjfa-28098	781	7	)	)	PUNCT
cjfa-28098	781	8	.	.	PUNCT
cjfa-28098	782	1	eclipse	eclipse	NOUN
cjfa-28098	782	2	of	of	ADP
cjfa-28098	782	3	the	the	DET
cjfa-28098	782	4	public	public	ADJ
cjfa-28098	782	5	corporation	corporation	NOUN
cjfa-28098	782	6	.	.	PUNCT
cjfa-28098	783	1	harvard	harvard	PROPN
cjfa-28098	783	2	business	business	PROPN
cjfa-28098	783	3	review	review	PROPN
cjfa-28098	783	4	.	.	PUNCT
cjfa-28098	784	1	jensen	jensen	PROPN
cjfa-28098	784	2	,	,	PUNCT
cjfa-28098	784	3	m.c	m.c	PROPN
cjfa-28098	784	4	.	.	PROPN
cjfa-28098	784	5	(	(	PUNCT
cjfa-28098	784	6	1993	1993	NUM
cjfa-28098	784	7	)	)	PUNCT
cjfa-28098	784	8	.	.	PUNCT
cjfa-28098	785	1	the	the	DET
cjfa-28098	785	2	modern	modern	ADJ
cjfa-28098	785	3	industrial	industrial	ADJ
cjfa-28098	785	4	revolution	revolution	NOUN
cjfa-28098	785	5	,	,	PUNCT
cjfa-28098	785	6	exit	exit	NOUN
cjfa-28098	785	7	,	,	PUNCT
cjfa-28098	785	8	and	and	CCONJ
cjfa-28098	785	9	the	the	DET
cjfa-28098	785	10	failure	failure	NOUN
cjfa-28098	785	11	of	of	ADP
cjfa-28098	785	12	internal	internal	ADJ
cjfa-28098	785	13	control	control	NOUN
cjfa-28098	785	14	systems	system	NOUN
cjfa-28098	785	15	.	.	PUNCT
cjfa-28098	786	1	the	the	DET
cjfa-28098	786	2	journal	journal	PROPN
cjfa-28098	786	3	of	of	ADP
cjfa-28098	786	4	finance	finance	NOUN
cjfa-28098	786	5	,	,	PUNCT
cjfa-28098	786	6	48	48	NUM
cjfa-28098	786	7	,	,	PUNCT
cjfa-28098	786	8	831–880	831–880	NUM
cjfa-28098	786	9	.	.	PUNCT
cjfa-28098	787	1	jensen	jensen	PROPN
cjfa-28098	787	2	,	,	PUNCT
cjfa-28098	787	3	m.c	m.c	PROPN
cjfa-28098	787	4	.	.	PROPN
cjfa-28098	787	5	(	(	PUNCT
cjfa-28098	787	6	2001	2001	NUM
cjfa-28098	787	7	)	)	PUNCT
cjfa-28098	787	8	.	.	PUNCT
cjfa-28098	788	1	value	value	PROPN
cjfa-28098	788	2	maximization	maximization	NOUN
cjfa-28098	788	3	,	,	PUNCT
cjfa-28098	788	4	stakeholder	stakeholder	NOUN
cjfa-28098	788	5	theory	theory	NOUN
cjfa-28098	788	6	,	,	PUNCT
cjfa-28098	788	7	and	and	CCONJ
cjfa-28098	788	8	the	the	DET
cjfa-28098	788	9	corporate	corporate	ADJ
cjfa-28098	788	10	objective	objective	ADJ
cjfa-28098	788	11	function	function	NOUN
cjfa-28098	788	12	.	.	PUNCT
cjfa-28098	789	1	journal	journal	NOUN
cjfa-28098	789	2	of	of	ADP
cjfa-28098	789	3	applied	apply	VERB
cjfa-28098	789	4	corporate	corporate	ADJ
cjfa-28098	789	5	finance	finance	NOUN
cjfa-28098	789	6	,	,	PUNCT
cjfa-28098	789	7	14	14	NUM
cjfa-28098	789	8	,	,	PUNCT
cjfa-28098	789	9	8–21	8–21	NOUN
cjfa-28098	789	10	.	.	PUNCT
cjfa-28098	790	1	jensen	jensen	PROPN
cjfa-28098	790	2	,	,	PUNCT
cjfa-28098	790	3	m.c	m.c	PROPN
cjfa-28098	790	4	.	.	PROPN
cjfa-28098	790	5	,	,	PUNCT
cjfa-28098	790	6	&	&	CCONJ
cjfa-28098	790	7	meckling	meckling	PROPN
cjfa-28098	790	8	,	,	PUNCT
cjfa-28098	790	9	w.h	w.h	PROPN
cjfa-28098	790	10	.	.	PROPN
cjfa-28098	790	11	(	(	PUNCT
cjfa-28098	790	12	1976	1976	NUM
cjfa-28098	790	13	)	)	PUNCT
cjfa-28098	790	14	.	.	PUNCT
cjfa-28098	791	1	theory	theory	NOUN
cjfa-28098	791	2	of	of	ADP
cjfa-28098	791	3	the	the	DET
cjfa-28098	791	4	firm	firm	NOUN
cjfa-28098	791	5	:	:	PUNCT
cjfa-28098	791	6	managerial	managerial	ADJ
cjfa-28098	791	7	behavior	behavior	NOUN
cjfa-28098	791	8	,	,	PUNCT
cjfa-28098	791	9	agency	agency	NOUN
cjfa-28098	791	10	costs	cost	NOUN
cjfa-28098	791	11	and	and	CCONJ
cjfa-28098	791	12	ownership	ownership	NOUN
cjfa-28098	791	13	structure	structure	NOUN
cjfa-28098	791	14	.	.	PUNCT
cjfa-28098	792	1	journal	journal	NOUN
cjfa-28098	792	2	of	of	ADP
cjfa-28098	792	3	financial	financial	ADJ
cjfa-28098	792	4	economics	economic	NOUN
cjfa-28098	792	5	,	,	PUNCT
cjfa-28098	792	6	3	3	NUM
cjfa-28098	792	7	,	,	PUNCT
cjfa-28098	792	8	305–360	305–360	NUM
cjfa-28098	792	9	.	.	PUNCT
cjfa-28098	793	1	jensen	jensen	PROPN
cjfa-28098	793	2	,	,	PUNCT
cjfa-28098	793	3	m.c	m.c	PROPN
cjfa-28098	793	4	.	.	PROPN
cjfa-28098	793	5	,	,	PUNCT
cjfa-28098	793	6	&	&	CCONJ
cjfa-28098	793	7	murphy	murphy	PROPN
cjfa-28098	793	8	,	,	PUNCT
cjfa-28098	793	9	k.j	k.j	PROPN
cjfa-28098	793	10	.	.	PROPN
cjfa-28098	793	11	(	(	PUNCT
cjfa-28098	793	12	1990	1990	NUM
cjfa-28098	793	13	)	)	PUNCT
cjfa-28098	793	14	.	.	PUNCT
cjfa-28098	794	1	performance	performance	NOUN
cjfa-28098	794	2	pay	pay	NOUN
cjfa-28098	794	3	and	and	CCONJ
cjfa-28098	794	4	top	top	ADJ
cjfa-28098	794	5	-	-	PUNCT
cjfa-28098	794	6	management	management	NOUN
cjfa-28098	794	7	incentives	incentive	NOUN
cjfa-28098	794	8	.	.	PUNCT
cjfa-28098	795	1	journal	journal	NOUN
cjfa-28098	795	2	of	of	ADP
cjfa-28098	795	3	political	political	ADJ
cjfa-28098	795	4	economy	economy	NOUN
cjfa-28098	795	5	,	,	PUNCT
cjfa-28098	795	6	98	98	NUM
cjfa-28098	795	7	,	,	PUNCT
cjfa-28098	795	8	225–264	225–264	NUM
cjfa-28098	795	9	.	.	PUNCT
cjfa-28098	796	1	jesover	jesover	PROPN
cjfa-28098	796	2	,	,	PUNCT
cjfa-28098	796	3	f.	f.	PROPN
cjfa-28098	796	4	,	,	PUNCT
cjfa-28098	796	5	&	&	CCONJ
cjfa-28098	796	6	kirkpatrick	kirkpatrick	PROPN
cjfa-28098	796	7	,	,	PUNCT
cjfa-28098	796	8	g.	g.	PROPN
cjfa-28098	796	9	(	(	PUNCT
cjfa-28098	796	10	2005	2005	NUM
cjfa-28098	796	11	)	)	PUNCT
cjfa-28098	796	12	.	.	PUNCT
cjfa-28098	797	1	the	the	DET
cjfa-28098	797	2	revised	revise	VERB
cjfa-28098	797	3	oecd	oecd	PROPN
cjfa-28098	797	4	principles	principle	NOUN
cjfa-28098	797	5	of	of	ADP
cjfa-28098	797	6	corporate	corporate	ADJ
cjfa-28098	797	7	governance	governance	NOUN
cjfa-28098	797	8	and	and	CCONJ
cjfa-28098	797	9	their	their	PRON
cjfa-28098	797	10	relevance	relevance	NOUN
cjfa-28098	797	11	to	to	ADP
cjfa-28098	797	12	non	non	ADJ
cjfa-28098	797	13	-	-	ADJ
cjfa-28098	797	14	oecd	oecd	ADJ
cjfa-28098	797	15	countries	country	NOUN
cjfa-28098	797	16	.	.	PUNCT
cjfa-28098	798	1	corporate	corporate	ADJ
cjfa-28098	798	2	governance	governance	NOUN
cjfa-28098	798	3	:	:	PUNCT
cjfa-28098	798	4	an	an	DET
cjfa-28098	798	5	international	international	ADJ
cjfa-28098	798	6	review	review	NOUN
cjfa-28098	798	7	,	,	PUNCT
cjfa-28098	798	8	13	13	NUM
cjfa-28098	798	9	,	,	PUNCT
cjfa-28098	798	10	127–136	127–136	NUM
cjfa-28098	798	11	.	.	PUNCT
cjfa-28098	799	1	http://dx.doi.org/10.1111/j.1467-8683.2005.00412.x	http://dx.doi.org/10.1111/j.1467-8683.2005.00412.x	NOUN
cjfa-28098	799	2	.	.	PUNCT
cjfa-28098	800	1	jo	jo	PROPN
cjfa-28098	800	2	,	,	PUNCT
cjfa-28098	800	3	h.	h.	PROPN
cjfa-28098	800	4	,	,	PUNCT
cjfa-28098	800	5	&	&	CCONJ
cjfa-28098	800	6	pan	pan	PROPN
cjfa-28098	800	7	,	,	PUNCT
cjfa-28098	800	8	c.	c.	PROPN
cjfa-28098	800	9	(	(	PUNCT
cjfa-28098	800	10	2009	2009	NUM
cjfa-28098	800	11	)	)	PUNCT
cjfa-28098	800	12	.	.	PUNCT
cjfa-28098	801	1	why	why	SCONJ
cjfa-28098	801	2	are	be	AUX
cjfa-28098	801	3	firms	firm	NOUN
cjfa-28098	801	4	with	with	ADP
cjfa-28098	801	5	entrenched	entrenched	ADJ
cjfa-28098	801	6	managers	manager	NOUN
cjfa-28098	801	7	more	more	ADV
cjfa-28098	801	8	likely	likely	ADJ
cjfa-28098	801	9	to	to	PART
cjfa-28098	801	10	pay	pay	VERB
cjfa-28098	801	11	dividends	dividend	NOUN
cjfa-28098	801	12	?	?	PUNCT
cjfa-28098	802	1	review	review	NOUN
cjfa-28098	802	2	of	of	ADP
cjfa-28098	802	3	accounting	accounting	NOUN
cjfa-28098	802	4	and	and	CCONJ
cjfa-28098	802	5	finance	finance	NOUN
cjfa-28098	802	6	,	,	PUNCT
cjfa-28098	802	7	8	8	NUM
cjfa-28098	802	8	,	,	PUNCT
cjfa-28098	802	9	87–116	87–116	PROPN
cjfa-28098	802	10	.	.	PUNCT
cjfa-28098	803	1	http://dx.doi	http://dx.doi	NOUN
cjfa-28098	803	2	.	.	PUNCT
cjfa-28098	804	1	org/10.1108/14757700910934256	org/10.1108/14757700910934256	PROPN
cjfa-28098	804	2	.	.	PUNCT
cjfa-28098	805	1	the	the	DET
cjfa-28098	805	2	transformation	transformation	NOUN
cjfa-28098	805	3	of	of	ADP
cjfa-28098	805	4	the	the	DET
cjfa-28098	805	5	corporate	corporate	ADJ
cjfa-28098	805	6	governance	governance	NOUN
cjfa-28098	805	7	model	model	NOUN
cjfa-28098	805	8	…	…	PUNCT
cjfa-28098	805	9	43	43	NUM
cjfa-28098	805	10	johnson	johnson	PROPN
cjfa-28098	805	11	,	,	PUNCT
cjfa-28098	805	12	r.a	r.a	PROPN
cjfa-28098	805	13	.	.	PROPN
cjfa-28098	805	14	,	,	PUNCT
cjfa-28098	805	15	&	&	CCONJ
cjfa-28098	805	16	greening	greening	NOUN
cjfa-28098	805	17	,	,	PUNCT
cjfa-28098	805	18	d.w	d.w	PROPN
cjfa-28098	805	19	.	.	PUNCT
cjfa-28098	805	20	(	(	PUNCT
cjfa-28098	805	21	1999	1999	NUM
cjfa-28098	805	22	)	)	PUNCT
cjfa-28098	805	23	.	.	PUNCT
cjfa-28098	806	1	the	the	DET
cjfa-28098	806	2	effects	effect	NOUN
cjfa-28098	806	3	of	of	ADP
cjfa-28098	806	4	corporate	corporate	ADJ
cjfa-28098	806	5	governance	governance	NOUN
cjfa-28098	806	6	and	and	CCONJ
cjfa-28098	806	7	institutional	institutional	ADJ
cjfa-28098	806	8	ownership	ownership	NOUN
cjfa-28098	806	9	types	type	NOUN
cjfa-28098	806	10	on	on	ADP
cjfa-28098	806	11	corporate	corporate	ADJ
cjfa-28098	806	12	social	social	ADJ
cjfa-28098	806	13	performance	performance	NOUN
cjfa-28098	806	14	.	.	PUNCT
cjfa-28098	807	1	academy	academy	PROPN
cjfa-28098	807	2	of	of	ADP
cjfa-28098	807	3	management	management	PROPN
cjfa-28098	807	4	journal	journal	NOUN
cjfa-28098	807	5	,	,	PUNCT
cjfa-28098	807	6	42	42	NUM
cjfa-28098	807	7	,	,	PUNCT
cjfa-28098	807	8	564–576	564–576	NUM
cjfa-28098	807	9	.	.	PUNCT
cjfa-28098	808	1	jones	jones	PROPN
cjfa-28098	808	2	,	,	PUNCT
cjfa-28098	808	3	t.m	t.m	PROPN
cjfa-28098	808	4	.	.	PROPN
cjfa-28098	808	5	(	(	PUNCT
cjfa-28098	808	6	1995	1995	NUM
cjfa-28098	808	7	)	)	PUNCT
cjfa-28098	808	8	.	.	PUNCT
cjfa-28098	809	1	instrumental	instrumental	ADJ
cjfa-28098	809	2	stakeholder	stakeholder	NOUN
cjfa-28098	809	3	theory	theory	PROPN
cjfa-28098	809	4	:	:	PUNCT
cjfa-28098	809	5	a	a	DET
cjfa-28098	809	6	synthesis	synthesis	NOUN
cjfa-28098	809	7	of	of	ADP
cjfa-28098	809	8	ethics	ethic	NOUN
cjfa-28098	809	9	and	and	CCONJ
cjfa-28098	809	10	economics	economic	NOUN
cjfa-28098	809	11	.	.	PUNCT
cjfa-28098	810	1	academy	academy	PROPN
cjfa-28098	810	2	of	of	ADP
cjfa-28098	810	3	management	management	PROPN
cjfa-28098	810	4	review	review	NOUN
cjfa-28098	810	5	,	,	PUNCT
cjfa-28098	810	6	20	20	NUM
cjfa-28098	810	7	,	,	PUNCT
cjfa-28098	810	8	404–437	404–437	NUM
cjfa-28098	810	9	.	.	PUNCT
cjfa-28098	811	1	kang	kang	PROPN
cjfa-28098	811	2	,	,	PUNCT
cjfa-28098	811	3	j.-k	j.-k	PROPN
cjfa-28098	811	4	.	.	PUNCT
cjfa-28098	811	5	,	,	PUNCT
cjfa-28098	811	6	&	&	CCONJ
cjfa-28098	811	7	shivdasani	shivdasani	PROPN
cjfa-28098	811	8	,	,	PUNCT
cjfa-28098	811	9	a.	a.	NOUN
cjfa-28098	811	10	(	(	PUNCT
cjfa-28098	811	11	1995	1995	NUM
cjfa-28098	811	12	)	)	PUNCT
cjfa-28098	811	13	.	.	PUNCT
cjfa-28098	812	1	firm	firm	ADJ
cjfa-28098	812	2	performance	performance	NOUN
cjfa-28098	812	3	,	,	PUNCT
cjfa-28098	812	4	corporate	corporate	ADJ
cjfa-28098	812	5	governance	governance	NOUN
cjfa-28098	812	6	,	,	PUNCT
cjfa-28098	812	7	and	and	CCONJ
cjfa-28098	812	8	top	top	ADJ
cjfa-28098	812	9	executive	executive	ADJ
cjfa-28098	812	10	turnover	turnover	NOUN
cjfa-28098	812	11	in	in	ADP
cjfa-28098	812	12	japan	japan	PROPN
cjfa-28098	812	13	.	.	PUNCT
cjfa-28098	813	1	journal	journal	PROPN
cjfa-28098	813	2	of	of	ADP
cjfa-28098	813	3	financial	financial	ADJ
cjfa-28098	813	4	economics	economic	NOUN
cjfa-28098	813	5	,	,	PUNCT
cjfa-28098	813	6	38	38	NUM
cjfa-28098	813	7	,	,	PUNCT
cjfa-28098	813	8	29–58	29–58	NUM
cjfa-28098	813	9	.	.	PUNCT
cjfa-28098	814	1	karuna	karuna	PROPN
cjfa-28098	814	2	,	,	PUNCT
cjfa-28098	814	3	c.	c.	PROPN
cjfa-28098	814	4	(	(	PUNCT
cjfa-28098	814	5	2008	2008	NUM
cjfa-28098	814	6	)	)	PUNCT
cjfa-28098	814	7	.	.	PUNCT
cjfa-28098	815	1	industry	industry	NOUN
cjfa-28098	815	2	product	product	NOUN
cjfa-28098	815	3	market	market	NOUN
cjfa-28098	815	4	competition	competition	NOUN
cjfa-28098	815	5	and	and	CCONJ
cjfa-28098	815	6	corporate	corporate	ADJ
cjfa-28098	815	7	governance	governance	NOUN
cjfa-28098	815	8	.	.	PUNCT
cjfa-28098	816	1	available	available	ADJ
cjfa-28098	816	2	at	at	ADP
cjfa-28098	816	3	ssrn	ssrn	PROPN
cjfa-28098	816	4	1215201	1215201	NUM
cjfa-28098	816	5	.	.	PUNCT
cjfa-28098	817	1	http://dx.doi.org/10.2139/ssrn.1215201	http://dx.doi.org/10.2139/ssrn.1215201	X
cjfa-28098	817	2	.	.	PUNCT
cjfa-28098	818	1	kedia	kedia	PROPN
cjfa-28098	818	2	,	,	PUNCT
cjfa-28098	818	3	b.l	b.l	PROPN
cjfa-28098	818	4	.	.	PROPN
cjfa-28098	818	5	,	,	PUNCT
cjfa-28098	818	6	&	&	CCONJ
cjfa-28098	818	7	mukherji	mukherji	PROPN
cjfa-28098	818	8	,	,	PUNCT
cjfa-28098	818	9	a.	a.	NOUN
cjfa-28098	818	10	(	(	PUNCT
cjfa-28098	818	11	1999	1999	NUM
cjfa-28098	818	12	)	)	PUNCT
cjfa-28098	818	13	.	.	PUNCT
cjfa-28098	819	1	global	global	ADJ
cjfa-28098	819	2	managers	manager	NOUN
cjfa-28098	819	3	:	:	PUNCT
cjfa-28098	819	4	developing	develop	VERB
cjfa-28098	819	5	a	a	DET
cjfa-28098	819	6	mindset	mindset	NOUN
cjfa-28098	819	7	for	for	ADP
cjfa-28098	819	8	global	global	ADJ
cjfa-28098	819	9	competitiveness	competitiveness	NOUN
cjfa-28098	819	10	.	.	PUNCT
cjfa-28098	820	1	journal	journal	NOUN
cjfa-28098	820	2	of	of	ADP
cjfa-28098	820	3	world	world	PROPN
cjfa-28098	820	4	business	business	NOUN
cjfa-28098	820	5	,	,	PUNCT
cjfa-28098	820	6	34	34	NUM
cjfa-28098	820	7	,	,	PUNCT
cjfa-28098	820	8	230–251	230–251	NUM
cjfa-28098	820	9	.	.	PUNCT
cjfa-28098	821	1	kennedy	kennedy	PROPN
cjfa-28098	821	2	,	,	PUNCT
cjfa-28098	821	3	v.a	v.a	PROPN
cjfa-28098	821	4	.	.	PROPN
cjfa-28098	821	5	,	,	PUNCT
cjfa-28098	821	6	&	&	CCONJ
cjfa-28098	821	7	limmack	limmack	PROPN
cjfa-28098	821	8	,	,	PUNCT
cjfa-28098	821	9	r.	r.	PROPN
cjfa-28098	821	10	(	(	PUNCT
cjfa-28098	821	11	1996	1996	NUM
cjfa-28098	821	12	)	)	PUNCT
cjfa-28098	821	13	.	.	PUNCT
cjfa-28098	822	1	takeover	takeover	NOUN
cjfa-28098	822	2	activity	activity	NOUN
cjfa-28098	822	3	,	,	PUNCT
cjfa-28098	822	4	ceo	ceo	NOUN
cjfa-28098	822	5	turnover	turnover	NOUN
cjfa-28098	822	6	,	,	PUNCT
cjfa-28098	822	7	and	and	CCONJ
cjfa-28098	822	8	the	the	DET
cjfa-28098	822	9	market	market	NOUN
cjfa-28098	822	10	for	for	ADP
cjfa-28098	822	11	corporate	corporate	ADJ
cjfa-28098	822	12	control	control	NOUN
cjfa-28098	822	13	.	.	PUNCT
cjfa-28098	823	1	journal	journal	PROPN
cjfa-28098	823	2	of	of	ADP
cjfa-28098	823	3	business	business	NOUN
cjfa-28098	823	4	finance	finance	PROPN
cjfa-28098	823	5	&	&	CCONJ
cjfa-28098	823	6	accounting	accounting	PROPN
cjfa-28098	823	7	,	,	PUNCT
cjfa-28098	823	8	23	23	NUM
cjfa-28098	823	9	,	,	PUNCT
cjfa-28098	823	10	267–285	267–285	NUM
cjfa-28098	823	11	.	.	PUNCT
cjfa-28098	824	1	kesner	kesner	PROPN
cjfa-28098	824	2	,	,	PUNCT
cjfa-28098	824	3	i.f	i.f	PROPN
cjfa-28098	824	4	.	.	PROPN
cjfa-28098	824	5	,	,	PUNCT
cjfa-28098	824	6	&	&	CCONJ
cjfa-28098	824	7	dalton	dalton	PROPN
cjfa-28098	824	8	,	,	PUNCT
cjfa-28098	824	9	d.r	d.r	PROPN
cjfa-28098	824	10	.	.	PROPN
cjfa-28098	824	11	(	(	PUNCT
cjfa-28098	824	12	1994	1994	NUM
cjfa-28098	824	13	)	)	PUNCT
cjfa-28098	824	14	.	.	PUNCT
cjfa-28098	825	1	top	top	ADJ
cjfa-28098	825	2	management	management	NOUN
cjfa-28098	825	3	turnover	turnover	NOUN
cjfa-28098	825	4	and	and	CCONJ
cjfa-28098	825	5	ceo	ceo	NOUN
cjfa-28098	825	6	succession	succession	NOUN
cjfa-28098	825	7	:	:	PUNCT
cjfa-28098	825	8	an	an	DET
cjfa-28098	825	9	investigation	investigation	NOUN
cjfa-28098	825	10	of	of	ADP
cjfa-28098	825	11	the	the	DET
cjfa-28098	825	12	effects	effect	NOUN
cjfa-28098	825	13	of	of	ADP
cjfa-28098	825	14	turnover	turnover	NOUN
cjfa-28098	825	15	on	on	ADP
cjfa-28098	825	16	performance	performance	NOUN
cjfa-28098	825	17	.	.	PUNCT
cjfa-28098	826	1	journal	journal	PROPN
cjfa-28098	826	2	of	of	ADP
cjfa-28098	826	3	management	management	NOUN
cjfa-28098	826	4	studies	study	NOUN
cjfa-28098	826	5	,	,	PUNCT
cjfa-28098	826	6	31	31	NUM
cjfa-28098	826	7	,	,	PUNCT
cjfa-28098	826	8	701–713	701–713	NUM
cjfa-28098	826	9	.	.	PUNCT
cjfa-28098	827	1	khanna	khanna	PROPN
cjfa-28098	827	2	,	,	PUNCT
cjfa-28098	827	3	t.	t.	PROPN
cjfa-28098	827	4	,	,	PUNCT
cjfa-28098	827	5	kogan	kogan	PROPN
cjfa-28098	827	6	,	,	PUNCT
cjfa-28098	827	7	j.	j.	PROPN
cjfa-28098	827	8	,	,	PUNCT
cjfa-28098	827	9	&	&	CCONJ
cjfa-28098	827	10	palepu	palepu	PROPN
cjfa-28098	827	11	,	,	PUNCT
cjfa-28098	827	12	k.	k.	PROPN
cjfa-28098	827	13	(	(	PUNCT
cjfa-28098	827	14	2006	2006	NUM
cjfa-28098	827	15	)	)	PUNCT
cjfa-28098	827	16	.	.	PUNCT
cjfa-28098	828	1	globalization	globalization	NOUN
cjfa-28098	828	2	and	and	CCONJ
cjfa-28098	828	3	similarities	similarity	NOUN
cjfa-28098	828	4	in	in	ADP
cjfa-28098	828	5	corporate	corporate	ADJ
cjfa-28098	828	6	governance	governance	NOUN
cjfa-28098	828	7	:	:	PUNCT
cjfa-28098	828	8	a	a	DET
cjfa-28098	828	9	cross	cross	ADJ
cjfa-28098	828	10	-	-	ADJ
cjfa-28098	828	11	country	country	ADJ
cjfa-28098	828	12	analysis	analysis	NOUN
cjfa-28098	828	13	.	.	PUNCT
cjfa-28098	829	1	review	review	NOUN
cjfa-28098	829	2	of	of	ADP
cjfa-28098	829	3	economics	economic	NOUN
cjfa-28098	829	4	and	and	CCONJ
cjfa-28098	829	5	statistics	statistic	NOUN
cjfa-28098	829	6	,	,	PUNCT
cjfa-28098	829	7	88	88	NUM
cjfa-28098	829	8	,	,	PUNCT
cjfa-28098	829	9	69–90	69–90	NOUN
cjfa-28098	829	10	.	.	PUNCT
cjfa-28098	830	1	http://dx.doi.org/10.2139/ssrn.323621	http://dx.doi.org/10.2139/ssrn.323621	PROPN
cjfa-28098	830	2	.	.	PROPN
cjfa-28098	830	3	klock	klock	PROPN
cjfa-28098	830	4	,	,	PUNCT
cjfa-28098	830	5	m.s	m.s	PROPN
cjfa-28098	830	6	.	.	PROPN
cjfa-28098	830	7	,	,	PUNCT
cjfa-28098	830	8	mansi	mansi	PROPN
cjfa-28098	830	9	,	,	PUNCT
cjfa-28098	830	10	s.a	s.a	PROPN
cjfa-28098	830	11	.	.	PROPN
cjfa-28098	830	12	,	,	PUNCT
cjfa-28098	830	13	&	&	CCONJ
cjfa-28098	830	14	maxwell	maxwell	PROPN
cjfa-28098	830	15	,	,	PUNCT
cjfa-28098	830	16	w.f	w.f	PROPN
cjfa-28098	830	17	.	.	PROPN
cjfa-28098	830	18	(	(	PUNCT
cjfa-28098	830	19	2005	2005	NUM
cjfa-28098	830	20	)	)	PUNCT
cjfa-28098	830	21	.	.	PUNCT
cjfa-28098	831	1	does	do	VERB
cjfa-28098	831	2	corporate	corporate	ADJ
cjfa-28098	831	3	governance	governance	NOUN
cjfa-28098	831	4	matter	matter	NOUN
cjfa-28098	831	5	to	to	ADP
cjfa-28098	831	6	bondholders	bondholder	NOUN
cjfa-28098	831	7	?	?	PUNCT
cjfa-28098	832	1	journal	journal	NOUN
cjfa-28098	832	2	of	of	ADP
cjfa-28098	832	3	financial	financial	ADJ
cjfa-28098	832	4	and	and	CCONJ
cjfa-28098	832	5	quantitative	quantitative	ADJ
cjfa-28098	832	6	analysis	analysis	NOUN
cjfa-28098	832	7	,	,	PUNCT
cjfa-28098	832	8	40	40	NUM
cjfa-28098	832	9	,	,	PUNCT
cjfa-28098	832	10	693–719	693–719	NUM
cjfa-28098	832	11	.	.	PUNCT
cjfa-28098	833	1	http://	http://	PROPN
cjfa-28098	833	2	dx.doi.org/10.1017/s0022109000001940	dx.doi.org/10.1017/s0022109000001940	PROPN
cjfa-28098	833	3	.	.	PROPN
cjfa-28098	834	1	knyazeva	knyazeva	PROPN
cjfa-28098	834	2	,	,	PUNCT
cjfa-28098	834	3	d.	d.	PROPN
cjfa-28098	834	4	(	(	PUNCT
cjfa-28098	834	5	2007	2007	NUM
cjfa-28098	834	6	)	)	PUNCT
cjfa-28098	834	7	.	.	PUNCT
cjfa-28098	835	1	corporate	corporate	ADJ
cjfa-28098	835	2	governance	governance	NOUN
cjfa-28098	835	3	,	,	PUNCT
cjfa-28098	835	4	analyst	analyst	NOUN
cjfa-28098	835	5	following	following	NOUN
cjfa-28098	835	6	,	,	PUNCT
cjfa-28098	835	7	and	and	CCONJ
cjfa-28098	835	8	firm	firm	ADJ
cjfa-28098	835	9	behavior	behavior	NOUN
cjfa-28098	835	10	.	.	PUNCT
cjfa-28098	836	1	working	work	VERB
cjfa-28098	836	2	paper	paper	NOUN
cjfa-28098	836	3	,	,	PUNCT
cjfa-28098	836	4	ssrn	ssrn	PROPN
cjfa-28098	836	5	.	.	PUNCT
cjfa-28098	837	1	com	com	PROPN
cjfa-28098	837	2	.	.	PUNCT
cjfa-28098	837	3	kubo	kubo	PROPN
cjfa-28098	837	4	,	,	PUNCT
cjfa-28098	837	5	k.	k.	PROPN
cjfa-28098	837	6	(	(	PUNCT
cjfa-28098	837	7	2005	2005	NUM
cjfa-28098	837	8	)	)	PUNCT
cjfa-28098	837	9	.	.	PUNCT
cjfa-28098	838	1	executive	executive	PROPN
cjfa-28098	838	2	compensation	compensation	NOUN
cjfa-28098	838	3	policy	policy	NOUN
cjfa-28098	838	4	and	and	CCONJ
cjfa-28098	838	5	company	company	NOUN
cjfa-28098	838	6	performance	performance	NOUN
cjfa-28098	838	7	in	in	ADP
cjfa-28098	838	8	japan	japan	PROPN
cjfa-28098	838	9	.	.	PUNCT
cjfa-28098	839	1	corporate	corporate	ADJ
cjfa-28098	839	2	governance	governance	NOUN
cjfa-28098	839	3	:	:	PUNCT
cjfa-28098	839	4	an	an	DET
cjfa-28098	839	5	international	international	ADJ
cjfa-28098	839	6	review	review	NOUN
cjfa-28098	839	7	,	,	PUNCT
cjfa-28098	839	8	13	13	NUM
cjfa-28098	839	9	,	,	PUNCT
cjfa-28098	839	10	429–436	429–436	NUM
cjfa-28098	839	11	.	.	PUNCT
cjfa-28098	840	1	http://dx.doi	http://dx.doi	NOUN
cjfa-28098	840	2	.	.	PUNCT
cjfa-28098	841	1	org/10.1111	org/10.1111	ADJ
cjfa-28098	841	2	/	/	SYM
cjfa-28098	841	3	j.1467	j.1467	PROPN
cjfa-28098	841	4	-	-	PUNCT
cjfa-28098	841	5	8683.2005.00437.x	8683.2005.00437.x	NOUN
cjfa-28098	841	6	.	.	PUNCT
cjfa-28098	842	1	la	la	PROPN
cjfa-28098	842	2	porta	porta	PROPN
cjfa-28098	842	3	,	,	PUNCT
cjfa-28098	842	4	r.	r.	PROPN
cjfa-28098	842	5	,	,	PUNCT
cjfa-28098	842	6	lopez	lopez	NOUN
cjfa-28098	842	7	-	-	PUNCT
cjfa-28098	842	8	de	de	NOUN
cjfa-28098	842	9	-	-	NOUN
cjfa-28098	842	10	silanes	silanes	PROPN
cjfa-28098	842	11	,	,	PUNCT
cjfa-28098	842	12	f.	f.	PROPN
cjfa-28098	842	13	,	,	PUNCT
cjfa-28098	842	14	shleifer	shleifer	PROPN
cjfa-28098	842	15	,	,	PUNCT
cjfa-28098	842	16	a.	a.	PROPN
cjfa-28098	842	17	,	,	PUNCT
cjfa-28098	842	18	&	&	CCONJ
cjfa-28098	842	19	vishny	vishny	PROPN
cjfa-28098	842	20	,	,	PUNCT
cjfa-28098	842	21	r.w	r.w	PROPN
cjfa-28098	842	22	.	.	PROPN
cjfa-28098	842	23	(	(	PUNCT
cjfa-28098	842	24	1999	1999	NUM
cjfa-28098	842	25	)	)	PUNCT
cjfa-28098	842	26	.	.	PUNCT
cjfa-28098	843	1	the	the	DET
cjfa-28098	843	2	quality	quality	NOUN
cjfa-28098	843	3	of	of	ADP
cjfa-28098	843	4	government	government	NOUN
cjfa-28098	843	5	.	.	PUNCT
cjfa-28098	844	1	the	the	DET
cjfa-28098	844	2	journal	journal	PROPN
cjfa-28098	844	3	of	of	ADP
cjfa-28098	844	4	law	law	NOUN
cjfa-28098	844	5	,	,	PUNCT
cjfa-28098	844	6	economics	economic	NOUN
cjfa-28098	844	7	,	,	PUNCT
cjfa-28098	844	8	and	and	CCONJ
cjfa-28098	844	9	organization	organization	NOUN
cjfa-28098	844	10	,	,	PUNCT
cjfa-28098	844	11	15	15	NUM
cjfa-28098	844	12	,	,	PUNCT
cjfa-28098	844	13	222–279	222–279	NUM
cjfa-28098	844	14	.	.	PUNCT
cjfa-28098	845	1	la	la	PROPN
cjfa-28098	845	2	porta	porta	PROPN
cjfa-28098	845	3	,	,	PUNCT
cjfa-28098	845	4	r.	r.	PROPN
cjfa-28098	845	5	,	,	PUNCT
cjfa-28098	845	6	lopez	lopez	NOUN
cjfa-28098	845	7	-	-	PUNCT
cjfa-28098	845	8	de	de	NOUN
cjfa-28098	845	9	-	-	NOUN
cjfa-28098	845	10	silanes	silanes	PROPN
cjfa-28098	845	11	,	,	PUNCT
cjfa-28098	845	12	f.	f.	PROPN
cjfa-28098	845	13	,	,	PUNCT
cjfa-28098	845	14	shleifer	shleifer	PROPN
cjfa-28098	845	15	,	,	PUNCT
cjfa-28098	845	16	a.	a.	PROPN
cjfa-28098	845	17	,	,	PUNCT
cjfa-28098	845	18	&	&	CCONJ
cjfa-28098	845	19	vishny	vishny	PROPN
cjfa-28098	845	20	,	,	PUNCT
cjfa-28098	845	21	r.w	r.w	PROPN
cjfa-28098	845	22	.	.	PROPN
cjfa-28098	845	23	(	(	PUNCT
cjfa-28098	845	24	1997	1997	NUM
cjfa-28098	845	25	)	)	PUNCT
cjfa-28098	845	26	.	.	PUNCT
cjfa-28098	846	1	legal	legal	ADJ
cjfa-28098	846	2	determinants	determinant	NOUN
cjfa-28098	846	3	of	of	ADP
cjfa-28098	846	4	external	external	ADJ
cjfa-28098	846	5	finance	finance	NOUN
cjfa-28098	846	6	.	.	PUNCT
cjfa-28098	847	1	the	the	DET
cjfa-28098	847	2	journal	journal	PROPN
cjfa-28098	847	3	of	of	ADP
cjfa-28098	847	4	finance	finance	NOUN
cjfa-28098	847	5	,	,	PUNCT
cjfa-28098	847	6	52	52	NUM
cjfa-28098	847	7	,	,	PUNCT
cjfa-28098	847	8	1131–1150	1131–1150	NUM
cjfa-28098	847	9	.	.	PUNCT
cjfa-28098	848	1	larcker	larcker	PROPN
cjfa-28098	848	2	,	,	PUNCT
cjfa-28098	848	3	d.f	d.f	PROPN
cjfa-28098	848	4	.	.	PROPN
cjfa-28098	848	5	,	,	PUNCT
cjfa-28098	848	6	&	&	CCONJ
cjfa-28098	848	7	richardson	richardson	PROPN
cjfa-28098	848	8	,	,	PUNCT
cjfa-28098	848	9	s.a	s.a	PROPN
cjfa-28098	848	10	.	.	PROPN
cjfa-28098	848	11	(	(	PUNCT
cjfa-28098	848	12	2004	2004	NUM
cjfa-28098	848	13	)	)	PUNCT
cjfa-28098	848	14	.	.	PUNCT
cjfa-28098	849	1	fees	fee	NOUN
cjfa-28098	849	2	paid	pay	VERB
cjfa-28098	849	3	to	to	PART
cjfa-28098	849	4	audit	audit	VERB
cjfa-28098	849	5	firms	firm	NOUN
cjfa-28098	849	6	,	,	PUNCT
cjfa-28098	849	7	accrual	accrual	ADJ
cjfa-28098	849	8	choices	choice	NOUN
cjfa-28098	849	9	,	,	PUNCT
cjfa-28098	849	10	and	and	CCONJ
cjfa-28098	849	11	corporate	corporate	ADJ
cjfa-28098	849	12	governance	governance	NOUN
cjfa-28098	849	13	.	.	PUNCT
cjfa-28098	850	1	journal	journal	NOUN
cjfa-28098	850	2	of	of	ADP
cjfa-28098	850	3	accounting	accounting	NOUN
cjfa-28098	850	4	research	research	NOUN
cjfa-28098	850	5	,	,	PUNCT
cjfa-28098	850	6	42	42	NUM
cjfa-28098	850	7	,	,	PUNCT
cjfa-28098	850	8	625–658	625–658	NUM
cjfa-28098	850	9	.	.	PUNCT
cjfa-28098	851	1	http://dx.doi	http://dx.doi	NOUN
cjfa-28098	851	2	.	.	PUNCT
cjfa-28098	852	1	org/10.1111	org/10.1111	ADJ
cjfa-28098	852	2	/	/	SYM
cjfa-28098	852	3	j.1475	j.1475	PROPN
cjfa-28098	852	4	-	-	PUNCT
cjfa-28098	852	5	679x.2004.t01	679x.2004.t01	NOUN
cjfa-28098	852	6	-	-	PUNCT
cjfa-28098	852	7	1	1	NUM
cjfa-28098	852	8	-	-	PUNCT
cjfa-28098	852	9	00143.x	00143.x	PROPN
cjfa-28098	852	10	.	.	NOUN
cjfa-28098	852	11	lazonick	lazonick	NOUN
cjfa-28098	852	12	,	,	PUNCT
cjfa-28098	852	13	w.	w.	PROPN
cjfa-28098	852	14	,	,	PUNCT
cjfa-28098	852	15	&	&	CCONJ
cjfa-28098	852	16	o’sullivan	o’sullivan	PROPN
cjfa-28098	852	17	,	,	PUNCT
cjfa-28098	852	18	m.	m.	NOUN
cjfa-28098	852	19	(	(	PUNCT
cjfa-28098	852	20	2000	2000	NUM
cjfa-28098	852	21	)	)	PUNCT
cjfa-28098	852	22	.	.	PUNCT
cjfa-28098	853	1	maximizing	maximize	VERB
cjfa-28098	853	2	shareholder	shareholder	NOUN
cjfa-28098	853	3	value	value	NOUN
cjfa-28098	853	4	:	:	PUNCT
cjfa-28098	853	5	a	a	DET
cjfa-28098	853	6	new	new	ADJ
cjfa-28098	853	7	ideology	ideology	NOUN
cjfa-28098	853	8	for	for	ADP
cjfa-28098	853	9	corporate	corporate	ADJ
cjfa-28098	853	10	governance	governance	NOUN
cjfa-28098	853	11	.	.	PUNCT
cjfa-28098	854	1	economy	economy	NOUN
cjfa-28098	854	2	and	and	CCONJ
cjfa-28098	854	3	society	society	NOUN
cjfa-28098	854	4	,	,	PUNCT
cjfa-28098	854	5	29	29	NUM
cjfa-28098	854	6	,	,	PUNCT
cjfa-28098	854	7	13–35	13–35	NUM
cjfa-28098	854	8	.	.	PUNCT
cjfa-28098	854	9	http://dx.doi	http://dx.doi	PROPN
cjfa-28098	854	10	.	.	PUNCT
cjfa-28098	855	1	org/10.1080/030851400360541	org/10.1080/030851400360541	NOUN
cjfa-28098	855	2	.	.	PUNCT
cjfa-28098	856	1	letza	letza	PROPN
cjfa-28098	856	2	,	,	PUNCT
cjfa-28098	856	3	s.	s.	PROPN
cjfa-28098	856	4	,	,	PUNCT
cjfa-28098	856	5	&	&	CCONJ
cjfa-28098	856	6	smallman	smallman	PROPN
cjfa-28098	856	7	,	,	PUNCT
cjfa-28098	856	8	c.	c.	PROPN
cjfa-28098	856	9	(	(	PUNCT
cjfa-28098	856	10	2001	2001	NUM
cjfa-28098	856	11	)	)	PUNCT
cjfa-28098	856	12	.	.	PUNCT
cjfa-28098	857	1	est	est	X
cjfa-28098	857	2	in	in	ADP
cjfa-28098	857	3	aqua	aqua	NOUN
cjfa-28098	857	4	dulci	dulci	NOUN
cjfa-28098	857	5	non	non	PROPN
cjfa-28098	857	6	invidiosa	invidiosa	PROPN
cjfa-28098	857	7	voluptas	volupta	NOUN
cjfa-28098	857	8	in	in	ADP
cjfa-28098	857	9	pure	pure	ADJ
cjfa-28098	857	10	water	water	NOUN
cjfa-28098	857	11	there	there	PRON
cjfa-28098	857	12	is	be	VERB
cjfa-28098	857	13	a	a	DET
cjfa-28098	857	14	pleasure	pleasure	NOUN
cjfa-28098	857	15	begrudged	begrudge	VERB
cjfa-28098	857	16	by	by	ADP
cjfa-28098	857	17	none	none	NOUN
cjfa-28098	857	18	:	:	PUNCT
cjfa-28098	857	19	on	on	ADP
cjfa-28098	857	20	ownership	ownership	NOUN
cjfa-28098	857	21	,	,	PUNCT
cjfa-28098	857	22	accountability	accountability	NOUN
cjfa-28098	857	23	and	and	CCONJ
cjfa-28098	857	24	control	control	NOUN
cjfa-28098	857	25	in	in	ADP
cjfa-28098	857	26	a	a	DET
cjfa-28098	857	27	privatized	privatized	ADJ
cjfa-28098	857	28	utility	utility	NOUN
cjfa-28098	857	29	.	.	PUNCT
cjfa-28098	858	1	critical	critical	ADJ
cjfa-28098	858	2	perspectives	perspective	NOUN
cjfa-28098	858	3	on	on	ADP
cjfa-28098	858	4	accounting	account	VERB
cjfa-28098	858	5	,	,	PUNCT
cjfa-28098	858	6	12	12	NUM
cjfa-28098	858	7	,	,	PUNCT
cjfa-28098	858	8	65–85	65–85	NUM
cjfa-28098	858	9	.	.	PUNCT
cjfa-28098	858	10	http://dx.doi	http://dx.doi	NOUN
cjfa-28098	858	11	.	.	PUNCT
cjfa-28098	859	1	org/10.1006	org/10.1006	VERB
cjfa-28098	859	2	/	/	SYM
cjfa-28098	859	3	cpac.2000.0413	cpac.2000.0413	PROPN
cjfa-28098	859	4	.	.	PUNCT
cjfa-28098	860	1	letza	letza	PROPN
cjfa-28098	860	2	,	,	PUNCT
cjfa-28098	860	3	s.	s.	PROPN
cjfa-28098	860	4	,	,	PUNCT
cjfa-28098	860	5	sun	sun	NOUN
cjfa-28098	860	6	,	,	PUNCT
cjfa-28098	860	7	x.	x.	NOUN
cjfa-28098	860	8	,	,	PUNCT
cjfa-28098	860	9	&	&	CCONJ
cjfa-28098	860	10	kirkbride	kirkbride	PROPN
cjfa-28098	860	11	,	,	PUNCT
cjfa-28098	860	12	j.	j.	PROPN
cjfa-28098	860	13	(	(	PUNCT
cjfa-28098	860	14	2004	2004	NUM
cjfa-28098	860	15	)	)	PUNCT
cjfa-28098	860	16	.	.	PUNCT
cjfa-28098	861	1	shareholding	shareholding	NOUN
cjfa-28098	861	2	versus	versus	ADP
cjfa-28098	861	3	stakeholding	stakeholde	VERB
cjfa-28098	861	4	:	:	PUNCT
cjfa-28098	861	5	a	a	DET
cjfa-28098	861	6	critical	critical	ADJ
cjfa-28098	861	7	review	review	NOUN
cjfa-28098	861	8	of	of	ADP
cjfa-28098	861	9	corporate	corporate	ADJ
cjfa-28098	861	10	governance	governance	NOUN
cjfa-28098	861	11	.	.	PUNCT
cjfa-28098	862	1	corporate	corporate	ADJ
cjfa-28098	862	2	governance	governance	NOUN
cjfa-28098	862	3	:	:	PUNCT
cjfa-28098	862	4	an	an	DET
cjfa-28098	862	5	international	international	ADJ
cjfa-28098	862	6	review	review	NOUN
cjfa-28098	862	7	,	,	PUNCT
cjfa-28098	862	8	12	12	NUM
cjfa-28098	862	9	,	,	PUNCT
cjfa-28098	862	10	242–262	242–262	NUM
cjfa-28098	862	11	.	.	PUNCT
cjfa-28098	863	1	http://dx.doi.org/10.1111/j.1467-8683.2004.00367.x	http://dx.doi.org/10.1111/j.1467-8683.2004.00367.x	NOUN
cjfa-28098	863	2	.	.	PROPN
cjfa-28098	863	3	atm	atm	PROPN
cjfa-28098	863	4	adnan	adnan	PROPN
cjfa-28098	863	5	,	,	PUNCT
cjfa-28098	863	6	nisar	nisar	PROPN
cjfa-28098	863	7	ahmed44	ahmed44	PROPN
cjfa-28098	863	8	lewellen	lewellen	PROPN
cjfa-28098	863	9	,	,	PUNCT
cjfa-28098	863	10	w.	w.	PROPN
cjfa-28098	863	11	,	,	PUNCT
cjfa-28098	863	12	loderer	loderer	VERB
cjfa-28098	863	13	,	,	PUNCT
cjfa-28098	863	14	c.	c.	PROPN
cjfa-28098	863	15	,	,	PUNCT
cjfa-28098	863	16	&	&	CCONJ
cjfa-28098	863	17	martin	martin	PROPN
cjfa-28098	863	18	,	,	PUNCT
cjfa-28098	863	19	k.	k.	PROPN
cjfa-28098	863	20	(	(	PUNCT
cjfa-28098	863	21	1987	1987	NUM
cjfa-28098	863	22	)	)	PUNCT
cjfa-28098	863	23	.	.	PUNCT
cjfa-28098	864	1	executive	executive	PROPN
cjfa-28098	864	2	compensation	compensation	NOUN
cjfa-28098	864	3	and	and	CCONJ
cjfa-28098	864	4	executive	executive	ADJ
cjfa-28098	864	5	incentive	incentive	NOUN
cjfa-28098	864	6	problems	problem	NOUN
cjfa-28098	864	7	:	:	PUNCT
cjfa-28098	864	8	an	an	DET
cjfa-28098	864	9	empirical	empirical	ADJ
cjfa-28098	864	10	analysis	analysis	NOUN
cjfa-28098	864	11	.	.	PUNCT
cjfa-28098	865	1	journal	journal	NOUN
cjfa-28098	865	2	of	of	ADP
cjfa-28098	865	3	accounting	accounting	NOUN
cjfa-28098	865	4	and	and	CCONJ
cjfa-28098	865	5	economics	economic	NOUN
cjfa-28098	865	6	,	,	PUNCT
cjfa-28098	865	7	9	9	NUM
cjfa-28098	865	8	,	,	PUNCT
cjfa-28098	865	9	287–310	287–310	NUM
cjfa-28098	865	10	.	.	PUNCT
cjfa-28098	866	1	lewis	lewis	PROPN
cjfa-28098	866	2	,	,	PUNCT
cjfa-28098	866	3	s.	s.	PROPN
cjfa-28098	866	4	(	(	PUNCT
cjfa-28098	866	5	2003	2003	NUM
cjfa-28098	866	6	)	)	PUNCT
cjfa-28098	866	7	.	.	PUNCT
cjfa-28098	867	1	reputation	reputation	NOUN
cjfa-28098	867	2	and	and	CCONJ
cjfa-28098	867	3	corporate	corporate	ADJ
cjfa-28098	867	4	responsibility	responsibility	NOUN
cjfa-28098	867	5	.	.	PUNCT
cjfa-28098	868	1	journal	journal	NOUN
cjfa-28098	868	2	of	of	ADP
cjfa-28098	868	3	communication	communication	NOUN
cjfa-28098	868	4	management	management	NOUN
cjfa-28098	868	5	,	,	PUNCT
cjfa-28098	868	6	7	7	NUM
cjfa-28098	868	7	,	,	PUNCT
cjfa-28098	868	8	356–366	356–366	NUM
cjfa-28098	868	9	.	.	PUNCT
cjfa-28098	868	10	http://dx.doi.org/10.1108/13632540310807494	http://dx.doi.org/10.1108/13632540310807494	NOUN
cjfa-28098	868	11	.	.	PUNCT
cjfa-28098	869	1	lin	lin	PROPN
cjfa-28098	869	2	,	,	PUNCT
cjfa-28098	869	3	h.-w	h.-w	PROPN
cjfa-28098	869	4	.	.	PROPN
cjfa-28098	869	5	,	,	PUNCT
cjfa-28098	869	6	&	&	CCONJ
cjfa-28098	869	7	mcnichols	mcnichols	PROPN
cjfa-28098	869	8	,	,	PUNCT
cjfa-28098	869	9	m.	m.	PROPN
cjfa-28098	869	10	f.	f.	PROPN
cjfa-28098	869	11	(	(	PUNCT
cjfa-28098	869	12	1998	1998	NUM
cjfa-28098	869	13	)	)	PUNCT
cjfa-28098	869	14	.	.	PUNCT
cjfa-28098	870	1	underwriting	underwrite	VERB
cjfa-28098	870	2	relationships	relationship	NOUN
cjfa-28098	870	3	,	,	PUNCT
cjfa-28098	870	4	analysts	analyst	NOUN
cjfa-28098	870	5	’	’	PART
cjfa-28098	870	6	earnings	earning	NOUN
cjfa-28098	870	7	forecasts	forecast	NOUN
cjfa-28098	870	8	and	and	CCONJ
cjfa-28098	870	9	investment	investment	NOUN
cjfa-28098	870	10	recommendations	recommendation	NOUN
cjfa-28098	870	11	.	.	PUNCT
cjfa-28098	871	1	journal	journal	NOUN
cjfa-28098	871	2	of	of	ADP
cjfa-28098	871	3	accounting	accounting	NOUN
cjfa-28098	871	4	and	and	CCONJ
cjfa-28098	871	5	economics	economic	NOUN
cjfa-28098	871	6	,	,	PUNCT
cjfa-28098	871	7	25	25	NUM
cjfa-28098	871	8	,	,	PUNCT
cjfa-28098	871	9	101–127	101–127	NUM
cjfa-28098	871	10	.	.	PUNCT
cjfa-28098	872	1	lin	lin	PROPN
cjfa-28098	872	2	,	,	PUNCT
cjfa-28098	872	3	s.	s.	PROPN
cjfa-28098	872	4	,	,	PUNCT
cjfa-28098	872	5	pope	pope	PROPN
cjfa-28098	872	6	,	,	PUNCT
cjfa-28098	872	7	p.f	p.f	PROPN
cjfa-28098	872	8	.	.	PROPN
cjfa-28098	872	9	,	,	PUNCT
cjfa-28098	872	10	&	&	CCONJ
cjfa-28098	872	11	young	young	PROPN
cjfa-28098	872	12	,	,	PUNCT
cjfa-28098	872	13	s.	s.	PROPN
cjfa-28098	872	14	(	(	PUNCT
cjfa-28098	872	15	2003	2003	NUM
cjfa-28098	872	16	)	)	PUNCT
cjfa-28098	872	17	.	.	PUNCT
cjfa-28098	873	1	stock	stock	NOUN
cjfa-28098	873	2	market	market	NOUN
cjfa-28098	873	3	reaction	reaction	NOUN
cjfa-28098	873	4	to	to	ADP
cjfa-28098	873	5	the	the	DET
cjfa-28098	873	6	appointment	appointment	NOUN
cjfa-28098	873	7	of	of	ADP
cjfa-28098	873	8	outside	outside	ADJ
cjfa-28098	873	9	directors	director	NOUN
cjfa-28098	873	10	.	.	PUNCT
cjfa-28098	874	1	journal	journal	PROPN
cjfa-28098	874	2	of	of	ADP
cjfa-28098	874	3	business	business	NOUN
cjfa-28098	874	4	finance	finance	PROPN
cjfa-28098	874	5	&	&	CCONJ
cjfa-28098	874	6	accounting	accounting	PROPN
cjfa-28098	874	7	,	,	PUNCT
cjfa-28098	874	8	30	30	NUM
cjfa-28098	874	9	,	,	PUNCT
cjfa-28098	874	10	351–382	351–382	NUM
cjfa-28098	874	11	.	.	PUNCT
cjfa-28098	875	1	http://dx.doi	http://dx.doi	NOUN
cjfa-28098	875	2	.	.	PUNCT
cjfa-28098	876	1	org/10.1111/1468	org/10.1111/1468	NOUN
cjfa-28098	876	2	-	-	PUNCT
cjfa-28098	876	3	5957.t01	5957.t01	NUM
cjfa-28098	876	4	-	-	PUNCT
cjfa-28098	876	5	1	1	NUM
cjfa-28098	876	6	-	-	NUM
cjfa-28098	876	7	00001	00001	NUM
cjfa-28098	876	8	.	.	PUNCT
cjfa-28098	877	1	liu	liu	PROPN
cjfa-28098	877	2	,	,	PUNCT
cjfa-28098	877	3	b.	b.	PROPN
cjfa-28098	877	4	,	,	PUNCT
cjfa-28098	877	5	&	&	CCONJ
cjfa-28098	877	6	mcconnell	mcconnell	PROPN
cjfa-28098	877	7	,	,	PUNCT
cjfa-28098	877	8	j.j	j.j	PROPN
cjfa-28098	877	9	.	.	PROPN
cjfa-28098	877	10	(	(	PUNCT
cjfa-28098	877	11	2013	2013	NUM
cjfa-28098	877	12	)	)	PUNCT
cjfa-28098	877	13	.	.	PUNCT
cjfa-28098	878	1	the	the	DET
cjfa-28098	878	2	role	role	NOUN
cjfa-28098	878	3	of	of	ADP
cjfa-28098	878	4	the	the	DET
cjfa-28098	878	5	media	medium	NOUN
cjfa-28098	878	6	in	in	ADP
cjfa-28098	878	7	corporate	corporate	ADJ
cjfa-28098	878	8	governance	governance	NOUN
cjfa-28098	878	9	:	:	PUNCT
cjfa-28098	878	10	do	do	VERB
cjfa-28098	878	11	the	the	DET
cjfa-28098	878	12	media	medium	NOUN
cjfa-28098	878	13	influence	influence	NOUN
cjfa-28098	878	14	managers	manager	NOUN
cjfa-28098	878	15	’	’	PART
cjfa-28098	878	16	capital	capital	NOUN
cjfa-28098	878	17	allocation	allocation	NOUN
cjfa-28098	878	18	decisions	decision	NOUN
cjfa-28098	878	19	?	?	PUNCT
cjfa-28098	879	1	journal	journal	NOUN
cjfa-28098	879	2	of	of	ADP
cjfa-28098	879	3	financial	financial	ADJ
cjfa-28098	879	4	economics	economic	NOUN
cjfa-28098	879	5	,	,	PUNCT
cjfa-28098	879	6	110	110	NUM
cjfa-28098	879	7	,	,	PUNCT
cjfa-28098	879	8	1–17	1–17	PROPN
cjfa-28098	879	9	.	.	PUNCT
cjfa-28098	880	1	http://dx.doi.org/10.2139/ssrn.2004567	http://dx.doi.org/10.2139/ssrn.2004567	PROPN
cjfa-28098	880	2	.	.	PUNCT
cjfa-28098	881	1	loderer	loderer	PROPN
cjfa-28098	881	2	,	,	PUNCT
cjfa-28098	881	3	c.	c.	PROPN
cjfa-28098	881	4	,	,	PUNCT
cjfa-28098	881	5	&	&	CCONJ
cjfa-28098	881	6	martin	martin	PROPN
cjfa-28098	881	7	,	,	PUNCT
cjfa-28098	881	8	k.	k.	PROPN
cjfa-28098	881	9	(	(	PUNCT
cjfa-28098	881	10	1997	1997	NUM
cjfa-28098	881	11	)	)	PUNCT
cjfa-28098	881	12	.	.	PUNCT
cjfa-28098	882	1	executive	executive	ADJ
cjfa-28098	882	2	stock	stock	NOUN
cjfa-28098	882	3	ownership	ownership	NOUN
cjfa-28098	882	4	and	and	CCONJ
cjfa-28098	882	5	performance	performance	NOUN
cjfa-28098	882	6	tracking	track	VERB
cjfa-28098	882	7	faint	faint	ADJ
cjfa-28098	882	8	traces	trace	NOUN
cjfa-28098	882	9	.	.	PUNCT
cjfa-28098	883	1	journal	journal	NOUN
cjfa-28098	883	2	of	of	ADP
cjfa-28098	883	3	financial	financial	ADJ
cjfa-28098	883	4	economics	economic	NOUN
cjfa-28098	883	5	,	,	PUNCT
cjfa-28098	883	6	45	45	NUM
cjfa-28098	883	7	,	,	PUNCT
cjfa-28098	883	8	223–255	223–255	NUM
cjfa-28098	883	9	.	.	PUNCT
cjfa-28098	884	1	lubatkin	lubatkin	ADJ
cjfa-28098	884	2	,	,	PUNCT
cjfa-28098	884	3	m.h	m.h	PROPN
cjfa-28098	884	4	.	.	PROPN
cjfa-28098	884	5	,	,	PUNCT
cjfa-28098	884	6	lane	lane	PROPN
cjfa-28098	884	7	,	,	PUNCT
cjfa-28098	884	8	p.j	p.j	PROPN
cjfa-28098	884	9	.	.	PROPN
cjfa-28098	884	10	,	,	PUNCT
cjfa-28098	884	11	collin	collin	PROPN
cjfa-28098	884	12	,	,	PUNCT
cjfa-28098	884	13	s.-o	s.-o	PROPN
cjfa-28098	884	14	.	.	PUNCT
cjfa-28098	884	15	,	,	PUNCT
cjfa-28098	884	16	&	&	CCONJ
cjfa-28098	884	17	very	very	ADV
cjfa-28098	884	18	,	,	PUNCT
cjfa-28098	884	19	p.	p.	NOUN
cjfa-28098	884	20	(	(	PUNCT
cjfa-28098	884	21	2005	2005	NUM
cjfa-28098	884	22	)	)	PUNCT
cjfa-28098	884	23	.	.	PUNCT
cjfa-28098	885	1	origins	origin	NOUN
cjfa-28098	885	2	of	of	ADP
cjfa-28098	885	3	corporate	corporate	ADJ
cjfa-28098	885	4	governance	governance	NOUN
cjfa-28098	885	5	in	in	ADP
cjfa-28098	885	6	the	the	DET
cjfa-28098	885	7	usa	usa	PROPN
cjfa-28098	885	8	,	,	PUNCT
cjfa-28098	885	9	sweden	sweden	PROPN
cjfa-28098	885	10	and	and	CCONJ
cjfa-28098	885	11	france	france	PROPN
cjfa-28098	885	12	.	.	PUNCT
cjfa-28098	886	1	organization	organization	NOUN
cjfa-28098	886	2	studies	study	NOUN
cjfa-28098	886	3	,	,	PUNCT
cjfa-28098	886	4	26	26	NUM
cjfa-28098	886	5	,	,	PUNCT
cjfa-28098	886	6	867–888	867–888	NUM
cjfa-28098	886	7	.	.	PUNCT
cjfa-28098	886	8	http://dx.doi	http://dx.doi	PROPN
cjfa-28098	886	9	.	.	PUNCT
cjfa-28098	887	1	org/10.1177%2f0170840605054602	org/10.1177%2f0170840605054602	NOUN
cjfa-28098	887	2	.	.	PUNCT
cjfa-28098	888	1	manne	manne	PROPN
cjfa-28098	888	2	,	,	PUNCT
cjfa-28098	888	3	h.g	h.g	PROPN
cjfa-28098	888	4	.	.	PUNCT
cjfa-28098	888	5	(	(	PUNCT
cjfa-28098	888	6	1965	1965	NUM
cjfa-28098	888	7	)	)	PUNCT
cjfa-28098	888	8	.	.	PUNCT
cjfa-28098	889	1	mergers	merger	NOUN
cjfa-28098	889	2	and	and	CCONJ
cjfa-28098	889	3	the	the	DET
cjfa-28098	889	4	market	market	NOUN
cjfa-28098	889	5	for	for	ADP
cjfa-28098	889	6	corporate	corporate	ADJ
cjfa-28098	889	7	control	control	NOUN
cjfa-28098	889	8	.	.	PUNCT
cjfa-28098	890	1	journal	journal	NOUN
cjfa-28098	890	2	of	of	ADP
cjfa-28098	890	3	political	political	ADJ
cjfa-28098	890	4	economy	economy	NOUN
cjfa-28098	890	5	,	,	PUNCT
cjfa-28098	890	6	73	73	NUM
cjfa-28098	890	7	,	,	PUNCT
cjfa-28098	890	8	110–120	110–120	NUM
cjfa-28098	890	9	.	.	PUNCT
cjfa-28098	891	1	marsiglia	marsiglia	PROPN
cjfa-28098	891	2	,	,	PUNCT
cjfa-28098	891	3	e.	e.	PROPN
cjfa-28098	891	4	,	,	PUNCT
cjfa-28098	891	5	&	&	CCONJ
cjfa-28098	891	6	falautano	falautano	PROPN
cjfa-28098	891	7	,	,	PUNCT
cjfa-28098	891	8	i.	i.	PROPN
cjfa-28098	891	9	(	(	PUNCT
cjfa-28098	891	10	2005	2005	NUM
cjfa-28098	891	11	)	)	PUNCT
cjfa-28098	891	12	.	.	PUNCT
cjfa-28098	892	1	corporate	corporate	ADJ
cjfa-28098	892	2	social	social	ADJ
cjfa-28098	892	3	responsibility	responsibility	NOUN
cjfa-28098	892	4	and	and	CCONJ
cjfa-28098	892	5	sustainability	sustainability	NOUN
cjfa-28098	892	6	challenges	challenge	NOUN
cjfa-28098	892	7	for	for	ADP
cjfa-28098	892	8	a	a	DET
cjfa-28098	892	9	bancassurance	bancassurance	ADJ
cjfa-28098	892	10	company	company	NOUN
cjfa-28098	892	11	.	.	PUNCT
cjfa-28098	893	1	the	the	DET
cjfa-28098	893	2	geneva	geneva	PROPN
cjfa-28098	893	3	papers	paper	NOUN
cjfa-28098	893	4	on	on	ADP
cjfa-28098	893	5	risk	risk	NOUN
cjfa-28098	893	6	and	and	CCONJ
cjfa-28098	893	7	insuranceissues	insuranceissue	NOUN
cjfa-28098	893	8	and	and	CCONJ
cjfa-28098	893	9	practice	practice	NOUN
cjfa-28098	893	10	,	,	PUNCT
cjfa-28098	893	11	30	30	NUM
cjfa-28098	893	12	,	,	PUNCT
cjfa-28098	893	13	485–497	485–497	NUM
cjfa-28098	893	14	.	.	PUNCT
cjfa-28098	894	1	http://dx.doi.org/10.1057/palgrave.gpp.2510040	http://dx.doi.org/10.1057/palgrave.gpp.2510040	NOUN
cjfa-28098	894	2	.	.	PUNCT
cjfa-28098	895	1	martin	martin	PROPN
cjfa-28098	895	2	,	,	PUNCT
cjfa-28098	895	3	k.j	k.j	PROPN
cjfa-28098	895	4	.	.	PROPN
cjfa-28098	895	5	,	,	PUNCT
cjfa-28098	895	6	&	&	CCONJ
cjfa-28098	895	7	mcconnell	mcconnell	PROPN
cjfa-28098	895	8	,	,	PUNCT
cjfa-28098	895	9	j.j	j.j	PROPN
cjfa-28098	895	10	.	.	PROPN
cjfa-28098	895	11	(	(	PUNCT
cjfa-28098	895	12	1991	1991	NUM
cjfa-28098	895	13	)	)	PUNCT
cjfa-28098	895	14	.	.	PUNCT
cjfa-28098	896	1	corporate	corporate	ADJ
cjfa-28098	896	2	performance	performance	NOUN
cjfa-28098	896	3	,	,	PUNCT
cjfa-28098	896	4	corporate	corporate	ADJ
cjfa-28098	896	5	takeovers	takeover	NOUN
cjfa-28098	896	6	,	,	PUNCT
cjfa-28098	896	7	and	and	CCONJ
cjfa-28098	896	8	management	management	NOUN
cjfa-28098	896	9	turnover	turnover	NOUN
cjfa-28098	896	10	.	.	PUNCT
cjfa-28098	897	1	the	the	DET
cjfa-28098	897	2	journal	journal	PROPN
cjfa-28098	897	3	of	of	ADP
cjfa-28098	897	4	finance	finance	NOUN
cjfa-28098	897	5	,	,	PUNCT
cjfa-28098	897	6	46	46	NUM
cjfa-28098	897	7	,	,	PUNCT
cjfa-28098	897	8	671–687	671–687	NUM
cjfa-28098	897	9	.	.	PUNCT
cjfa-28098	898	1	mcconnell	mcconnell	PROPN
cjfa-28098	898	2	,	,	PUNCT
cjfa-28098	898	3	j.	j.	PROPN
cjfa-28098	898	4	j.	j.	PROPN
cjfa-28098	898	5	,	,	PUNCT
cjfa-28098	898	6	&	&	CCONJ
cjfa-28098	898	7	servaes	servaes	PROPN
cjfa-28098	898	8	,	,	PUNCT
cjfa-28098	898	9	h.	h.	PROPN
cjfa-28098	898	10	(	(	PUNCT
cjfa-28098	898	11	1990	1990	NUM
cjfa-28098	898	12	)	)	PUNCT
cjfa-28098	898	13	.	.	PUNCT
cjfa-28098	899	1	additional	additional	ADJ
cjfa-28098	899	2	evidence	evidence	NOUN
cjfa-28098	899	3	on	on	ADP
cjfa-28098	899	4	equity	equity	NOUN
cjfa-28098	899	5	ownership	ownership	NOUN
cjfa-28098	899	6	and	and	CCONJ
cjfa-28098	899	7	corporate	corporate	ADJ
cjfa-28098	899	8	value	value	NOUN
cjfa-28098	899	9	.	.	PUNCT
cjfa-28098	900	1	journal	journal	NOUN
cjfa-28098	900	2	of	of	ADP
cjfa-28098	900	3	financial	financial	ADJ
cjfa-28098	900	4	economics	economic	NOUN
cjfa-28098	900	5	,	,	PUNCT
cjfa-28098	900	6	27	27	NUM
cjfa-28098	900	7	,	,	PUNCT
cjfa-28098	900	8	595–612	595–612	NUM
cjfa-28098	900	9	.	.	PUNCT
cjfa-28098	901	1	mcconvill	mcconvill	PROPN
cjfa-28098	901	2	,	,	PUNCT
cjfa-28098	901	3	j.	j.	PROPN
cjfa-28098	901	4	(	(	PUNCT
cjfa-28098	901	5	2006	2006	NUM
cjfa-28098	901	6	)	)	PUNCT
cjfa-28098	901	7	.	.	PUNCT
cjfa-28098	902	1	executive	executive	PROPN
cjfa-28098	902	2	compensation	compensation	NOUN
cjfa-28098	902	3	and	and	CCONJ
cjfa-28098	902	4	corporate	corporate	ADJ
cjfa-28098	902	5	governance	governance	NOUN
cjfa-28098	902	6	:	:	PUNCT
cjfa-28098	902	7	rising	rise	VERB
cjfa-28098	902	8	above	above	ADP
cjfa-28098	902	9	the	the	DET
cjfa-28098	902	10	pay	pay	VERB
cjfa-28098	902	11	-	-	PUNCT
cjfa-28098	902	12	for	for	ADP
cjfa-28098	902	13	-	-	PUNCT
cjfa-28098	902	14	performance	performance	NOUN
cjfa-28098	902	15	principle	principle	NOUN
cjfa-28098	902	16	.	.	PUNCT
cjfa-28098	903	1	am	be	AUX
cjfa-28098	903	2	.	.	PUNCT
cjfa-28098	904	1	bus	bus	NOUN
cjfa-28098	904	2	.	.	PUNCT
cjfa-28098	905	1	lj	lj	PROPN
cjfa-28098	905	2	,	,	PUNCT
cjfa-28098	905	3	43	43	NUM
cjfa-28098	905	4	,	,	PUNCT
cjfa-28098	905	5	413	413	NUM
cjfa-28098	905	6	.	.	PUNCT
cjfa-28098	905	7	mikkelson	mikkelson	PROPN
cjfa-28098	905	8	,	,	PUNCT
cjfa-28098	905	9	w.h	w.h	PROPN
cjfa-28098	905	10	.	.	PROPN
cjfa-28098	905	11	,	,	PUNCT
cjfa-28098	905	12	&	&	CCONJ
cjfa-28098	905	13	partch	partch	PROPN
cjfa-28098	905	14	,	,	PUNCT
cjfa-28098	905	15	m.m	m.m	PROPN
cjfa-28098	905	16	.	.	PROPN
cjfa-28098	905	17	(	(	PUNCT
cjfa-28098	905	18	1997	1997	NUM
cjfa-28098	905	19	)	)	PUNCT
cjfa-28098	905	20	.	.	PUNCT
cjfa-28098	906	1	the	the	DET
cjfa-28098	906	2	decline	decline	NOUN
cjfa-28098	906	3	of	of	ADP
cjfa-28098	906	4	takeovers	takeover	NOUN
cjfa-28098	906	5	and	and	CCONJ
cjfa-28098	906	6	disciplinary	disciplinary	ADJ
cjfa-28098	906	7	managerial	managerial	ADJ
cjfa-28098	906	8	turnover	turnover	NOUN
cjfa-28098	906	9	.	.	PUNCT
cjfa-28098	907	1	journal	journal	NOUN
cjfa-28098	907	2	of	of	ADP
cjfa-28098	907	3	financial	financial	ADJ
cjfa-28098	907	4	economics	economic	NOUN
cjfa-28098	907	5	,	,	PUNCT
cjfa-28098	907	6	44	44	NUM
cjfa-28098	907	7	,	,	PUNCT
cjfa-28098	907	8	205–228	205–228	NUM
cjfa-28098	907	9	.	.	PUNCT
cjfa-28098	908	1	mintzberg	mintzberg	PROPN
cjfa-28098	908	2	,	,	PUNCT
cjfa-28098	908	3	h.	h.	PROPN
cjfa-28098	908	4	(	(	PUNCT
cjfa-28098	908	5	1983	1983	NUM
cjfa-28098	908	6	)	)	PUNCT
cjfa-28098	908	7	.	.	PUNCT
cjfa-28098	909	1	the	the	DET
cjfa-28098	909	2	case	case	NOUN
cjfa-28098	909	3	for	for	ADP
cjfa-28098	909	4	corporate	corporate	ADJ
cjfa-28098	909	5	social	social	ADJ
cjfa-28098	909	6	responsibility	responsibility	NOUN
cjfa-28098	909	7	.	.	PUNCT
cjfa-28098	910	1	journal	journal	PROPN
cjfa-28098	910	2	of	of	ADP
cjfa-28098	910	3	business	business	NOUN
cjfa-28098	910	4	strategy	strategy	NOUN
cjfa-28098	910	5	,	,	PUNCT
cjfa-28098	910	6	4	4	NUM
cjfa-28098	910	7	,	,	PUNCT
cjfa-28098	910	8	3–15	3–15	PROPN
cjfa-28098	910	9	.	.	PUNCT
cjfa-28098	911	1	mitton	mitton	PROPN
cjfa-28098	911	2	,	,	PUNCT
cjfa-28098	911	3	t.	t.	PROPN
cjfa-28098	911	4	(	(	PUNCT
cjfa-28098	911	5	2004	2004	NUM
cjfa-28098	911	6	)	)	PUNCT
cjfa-28098	911	7	.	.	PUNCT
cjfa-28098	912	1	corporate	corporate	ADJ
cjfa-28098	912	2	governance	governance	NOUN
cjfa-28098	912	3	and	and	CCONJ
cjfa-28098	912	4	dividend	dividend	NOUN
cjfa-28098	912	5	policy	policy	NOUN
cjfa-28098	912	6	in	in	ADP
cjfa-28098	912	7	emerging	emerge	VERB
cjfa-28098	912	8	markets	market	NOUN
cjfa-28098	912	9	.	.	PUNCT
cjfa-28098	913	1	emerging	emerge	VERB
cjfa-28098	913	2	markets	market	NOUN
cjfa-28098	913	3	review	review	NOUN
cjfa-28098	913	4	,	,	PUNCT
cjfa-28098	913	5	5	5	NUM
cjfa-28098	913	6	,	,	PUNCT
cjfa-28098	913	7	409–426	409–426	NUM
cjfa-28098	913	8	.	.	PUNCT
cjfa-28098	914	1	http://dx.doi.org/10.1016/j.ememar.2004.05.003	http://dx.doi.org/10.1016/j.ememar.2004.05.003	PROPN
cjfa-28098	914	2	.	.	PUNCT
cjfa-28098	915	1	morgan	morgan	PROPN
cjfa-28098	915	2	,	,	PUNCT
cjfa-28098	915	3	a.g	a.g	PROPN
cjfa-28098	915	4	.	.	PROPN
cjfa-28098	915	5	,	,	PUNCT
cjfa-28098	915	6	&	&	CCONJ
cjfa-28098	915	7	poulsen	poulsen	PROPN
cjfa-28098	915	8	,	,	PUNCT
cjfa-28098	915	9	a.b	a.b	PROPN
cjfa-28098	915	10	.	.	PROPN
cjfa-28098	915	11	(	(	PUNCT
cjfa-28098	915	12	2001	2001	NUM
cjfa-28098	915	13	)	)	PUNCT
cjfa-28098	915	14	.	.	PUNCT
cjfa-28098	916	1	linking	link	VERB
cjfa-28098	916	2	pay	pay	NOUN
cjfa-28098	916	3	to	to	ADP
cjfa-28098	916	4	performance	performance	NOUN
cjfa-28098	916	5	–	–	PUNCT
cjfa-28098	916	6	compensation	compensation	NOUN
cjfa-28098	916	7	proposals	proposal	NOUN
cjfa-28098	916	8	in	in	ADP
cjfa-28098	916	9	the	the	DET
cjfa-28098	916	10	s&p	s&p	PROPN
cjfa-28098	916	11	500	500	NUM
cjfa-28098	916	12	.	.	PUNCT
cjfa-28098	917	1	journal	journal	NOUN
cjfa-28098	917	2	of	of	ADP
cjfa-28098	917	3	financial	financial	ADJ
cjfa-28098	917	4	economics	economic	NOUN
cjfa-28098	917	5	,	,	PUNCT
cjfa-28098	917	6	62	62	NUM
cjfa-28098	917	7	,	,	PUNCT
cjfa-28098	917	8	489–523	489–523	NUM
cjfa-28098	917	9	.	.	PUNCT
cjfa-28098	918	1	http://dx.doi	http://dx.doi	NOUN
cjfa-28098	918	2	.	.	PUNCT
cjfa-28098	919	1	org/10.1016	org/10.1016	PROPN
cjfa-28098	919	2	/	/	SYM
cjfa-28098	919	3	s0304	s0304	ADJ
cjfa-28098	919	4	-	-	PUNCT
cjfa-28098	919	5	405x(01)00084	405x(01)00084	NOUN
cjfa-28098	919	6	-	-	PUNCT
cjfa-28098	919	7	8	8	NUM
cjfa-28098	919	8	.	.	PUNCT
cjfa-28098	920	1	murphy	murphy	PROPN
cjfa-28098	920	2	,	,	PUNCT
cjfa-28098	920	3	k.j	k.j	PROPN
cjfa-28098	920	4	.	.	PROPN
cjfa-28098	920	5	(	(	PUNCT
cjfa-28098	920	6	1999	1999	NUM
cjfa-28098	920	7	)	)	PUNCT
cjfa-28098	920	8	.	.	PUNCT
cjfa-28098	921	1	executive	executive	PROPN
cjfa-28098	921	2	compensation	compensation	PROPN
cjfa-28098	921	3	.	.	PUNCT
cjfa-28098	922	1	handbook	handbook	NOUN
cjfa-28098	922	2	of	of	ADP
cjfa-28098	922	3	labor	labor	NOUN
cjfa-28098	922	4	economics	economic	NOUN
cjfa-28098	922	5	,	,	PUNCT
cjfa-28098	922	6	3	3	NUM
cjfa-28098	922	7	,	,	PUNCT
cjfa-28098	922	8	2485	2485	NUM
cjfa-28098	922	9	–	–	PUNCT
cjfa-28098	922	10	 	 	SPACE
cjfa-28098	922	11	2563	2563	NUM
cjfa-28098	922	12	.	.	PUNCT
cjfa-28098	923	1	myers	myers	PROPN
cjfa-28098	923	2	,	,	PUNCT
cjfa-28098	923	3	s.c	s.c	PROPN
cjfa-28098	923	4	.	.	PROPN
cjfa-28098	923	5	(	(	PUNCT
cjfa-28098	923	6	1977	1977	NUM
cjfa-28098	923	7	)	)	PUNCT
cjfa-28098	923	8	.	.	PUNCT
cjfa-28098	924	1	determinants	determinant	NOUN
cjfa-28098	924	2	of	of	ADP
cjfa-28098	924	3	corporate	corporate	ADJ
cjfa-28098	924	4	borrowing	borrowing	NOUN
cjfa-28098	924	5	.	.	PUNCT
cjfa-28098	925	1	journal	journal	NOUN
cjfa-28098	925	2	of	of	ADP
cjfa-28098	925	3	financial	financial	ADJ
cjfa-28098	925	4	economics	economic	NOUN
cjfa-28098	925	5	,	,	PUNCT
cjfa-28098	925	6	5	5	NUM
cjfa-28098	925	7	,	,	PUNCT
cjfa-28098	925	8	147–175	147–175	NUM
cjfa-28098	925	9	.	.	PUNCT
cjfa-28098	926	1	the	the	DET
cjfa-28098	926	2	transformation	transformation	NOUN
cjfa-28098	926	3	of	of	ADP
cjfa-28098	926	4	the	the	DET
cjfa-28098	926	5	corporate	corporate	ADJ
cjfa-28098	926	6	governance	governance	NOUN
cjfa-28098	926	7	model	model	NOUN
cjfa-28098	926	8	…	…	PUNCT
cjfa-28098	926	9	45	45	NUM
cjfa-28098	926	10	nietsch	nietsch	NOUN
cjfa-28098	926	11	,	,	PUNCT
cjfa-28098	926	12	m.	m.	NOUN
cjfa-28098	926	13	(	(	PUNCT
cjfa-28098	926	14	2005	2005	NUM
cjfa-28098	926	15	)	)	PUNCT
cjfa-28098	926	16	.	.	PUNCT
cjfa-28098	927	1	corporate	corporate	ADJ
cjfa-28098	927	2	governance	governance	NOUN
cjfa-28098	927	3	and	and	CCONJ
cjfa-28098	927	4	company	company	NOUN
cjfa-28098	927	5	law	law	NOUN
cjfa-28098	927	6	reform	reform	NOUN
cjfa-28098	927	7	:	:	PUNCT
cjfa-28098	927	8	a	a	DET
cjfa-28098	927	9	german	german	ADJ
cjfa-28098	927	10	perspective	perspective	NOUN
cjfa-28098	927	11	.	.	PUNCT
cjfa-28098	928	1	corporate	corporate	ADJ
cjfa-28098	928	2	governance	governance	NOUN
cjfa-28098	928	3	:	:	PUNCT
cjfa-28098	928	4	an	an	DET
cjfa-28098	928	5	international	international	ADJ
cjfa-28098	928	6	review	review	NOUN
cjfa-28098	928	7	,	,	PUNCT
cjfa-28098	928	8	13	13	NUM
cjfa-28098	928	9	,	,	PUNCT
cjfa-28098	928	10	368–376	368–376	NUM
cjfa-28098	928	11	.	.	PUNCT
cjfa-28098	929	1	ntim	ntim	PROPN
cjfa-28098	929	2	,	,	PUNCT
cjfa-28098	929	3	c.g	c.g	PROPN
cjfa-28098	929	4	.	.	PROPN
cjfa-28098	929	5	,	,	PUNCT
cjfa-28098	929	6	opong	opong	PROPN
cjfa-28098	929	7	,	,	PUNCT
cjfa-28098	929	8	k.k	k.k	PROPN
cjfa-28098	929	9	.	.	PROPN
cjfa-28098	929	10	,	,	PUNCT
cjfa-28098	929	11	&	&	CCONJ
cjfa-28098	929	12	dambolt	dambolt	PROPN
cjfa-28098	929	13	,	,	PUNCT
cjfa-28098	929	14	j.	j.	PROPN
cjfa-28098	929	15	(	(	PUNCT
cjfa-28098	929	16	2012	2012	NUM
cjfa-28098	929	17	)	)	PUNCT
cjfa-28098	929	18	.	.	PUNCT
cjfa-28098	930	1	the	the	DET
cjfa-28098	930	2	relative	relative	ADJ
cjfa-28098	930	3	value	value	NOUN
cjfa-28098	930	4	relevance	relevance	NOUN
cjfa-28098	930	5	of	of	ADP
cjfa-28098	930	6	shareholder	shareholder	NOUN
cjfa-28098	930	7	versus	versus	ADP
cjfa-28098	930	8	stakeholder	stakeholder	NOUN
cjfa-28098	930	9	corporate	corporate	ADJ
cjfa-28098	930	10	governance	governance	NOUN
cjfa-28098	930	11	disclosure	disclosure	NOUN
cjfa-28098	930	12	policy	policy	NOUN
cjfa-28098	930	13	reforms	reform	NOUN
cjfa-28098	930	14	in	in	ADP
cjfa-28098	930	15	south	south	PROPN
cjfa-28098	930	16	africa	africa	PROPN
cjfa-28098	930	17	.	.	PUNCT
cjfa-28098	931	1	corporate	corporate	ADJ
cjfa-28098	931	2	governance	governance	NOUN
cjfa-28098	931	3	:	:	PUNCT
cjfa-28098	931	4	an	an	DET
cjfa-28098	931	5	international	international	ADJ
cjfa-28098	931	6	review	review	NOUN
cjfa-28098	931	7	,	,	PUNCT
cjfa-28098	931	8	20	20	NUM
cjfa-28098	931	9	,	,	PUNCT
cjfa-28098	931	10	84–105	84–105	PROPN
cjfa-28098	931	11	.	.	PUNCT
cjfa-28098	931	12	http://dx.doi	http://dx.doi	NOUN
cjfa-28098	931	13	.	.	PUNCT
cjfa-28098	932	1	org/10.1111	org/10.1111	PROPN
cjfa-28098	932	2	/	/	SYM
cjfa-28098	932	3	j.1467	j.1467	PROPN
cjfa-28098	932	4	-	-	PUNCT
cjfa-28098	932	5	8683.2011.00891.x	8683.2011.00891.x	NOUN
cjfa-28098	932	6	.	.	PUNCT
cjfa-28098	933	1	okpara	okpara	PROPN
cjfa-28098	933	2	,	,	PUNCT
cjfa-28098	933	3	j.o	j.o	PROPN
cjfa-28098	933	4	.	.	PROPN
cjfa-28098	933	5	(	(	PUNCT
cjfa-28098	933	6	2011	2011	NUM
cjfa-28098	933	7	)	)	PUNCT
cjfa-28098	933	8	.	.	PUNCT
cjfa-28098	934	1	corporate	corporate	ADJ
cjfa-28098	934	2	governance	governance	NOUN
cjfa-28098	934	3	in	in	ADP
cjfa-28098	934	4	a	a	DET
cjfa-28098	934	5	developing	develop	VERB
cjfa-28098	934	6	economy	economy	NOUN
cjfa-28098	934	7	:	:	PUNCT
cjfa-28098	934	8	barriers	barrier	NOUN
cjfa-28098	934	9	,	,	PUNCT
cjfa-28098	934	10	issues	issue	NOUN
cjfa-28098	934	11	,	,	PUNCT
cjfa-28098	934	12	and	and	CCONJ
cjfa-28098	934	13	implications	implication	NOUN
cjfa-28098	934	14	for	for	ADP
cjfa-28098	934	15	firms	firm	NOUN
cjfa-28098	934	16	.	.	PUNCT
cjfa-28098	935	1	corporate	corporate	ADJ
cjfa-28098	935	2	governance	governance	NOUN
cjfa-28098	935	3	:	:	PUNCT
cjfa-28098	935	4	the	the	DET
cjfa-28098	935	5	international	international	ADJ
cjfa-28098	935	6	journal	journal	NOUN
cjfa-28098	935	7	of	of	ADP
cjfa-28098	935	8	business	business	NOUN
cjfa-28098	935	9	in	in	ADP
cjfa-28098	935	10	society	society	NOUN
cjfa-28098	935	11	,	,	PUNCT
cjfa-28098	935	12	11	11	NUM
cjfa-28098	935	13	,	,	PUNCT
cjfa-28098	935	14	184–199	184–199	NUM
cjfa-28098	935	15	.	.	PUNCT
cjfa-28098	936	1	http://dx.doi.org/10.1108/14720701111121056	http://dx.doi.org/10.1108/14720701111121056	PROPN
cjfa-28098	936	2	.	.	PUNCT
cjfa-28098	937	1	ooghe	ooghe	PROPN
cjfa-28098	937	2	,	,	PUNCT
cjfa-28098	937	3	h.	h.	PROPN
cjfa-28098	937	4	,	,	PUNCT
cjfa-28098	937	5	&	&	CCONJ
cjfa-28098	937	6	de	de	X
cjfa-28098	937	7	langhe	langhe	PROPN
cjfa-28098	937	8	,	,	PUNCT
cjfa-28098	937	9	t.	t.	PROPN
cjfa-28098	937	10	(	(	PUNCT
cjfa-28098	937	11	2002	2002	NUM
cjfa-28098	937	12	)	)	PUNCT
cjfa-28098	937	13	.	.	PUNCT
cjfa-28098	938	1	the	the	DET
cjfa-28098	938	2	anglo	anglo	ADJ
cjfa-28098	938	3	-	-	PUNCT
cjfa-28098	938	4	american	american	PROPN
cjfa-28098	938	5	versus	versus	ADP
cjfa-28098	938	6	the	the	DET
cjfa-28098	938	7	continental	continental	PROPN
cjfa-28098	938	8	european	european	ADJ
cjfa-28098	938	9	corporate	corporate	ADJ
cjfa-28098	938	10	governance	governance	NOUN
cjfa-28098	938	11	model	model	NOUN
cjfa-28098	938	12	:	:	PUNCT
cjfa-28098	938	13	empirical	empirical	ADJ
cjfa-28098	938	14	evidence	evidence	NOUN
cjfa-28098	938	15	of	of	ADP
cjfa-28098	938	16	board	board	NOUN
cjfa-28098	938	17	composition	composition	NOUN
cjfa-28098	938	18	in	in	ADP
cjfa-28098	938	19	belgium	belgium	NOUN
cjfa-28098	938	20	.	.	PUNCT
cjfa-28098	939	1	european	european	PROPN
cjfa-28098	939	2	business	business	PROPN
cjfa-28098	939	3	review	review	PROPN
cjfa-28098	939	4	,	,	PUNCT
cjfa-28098	939	5	14	14	NUM
cjfa-28098	939	6	,	,	PUNCT
cjfa-28098	939	7	437–449	437–449	NUM
cjfa-28098	939	8	.	.	PUNCT
cjfa-28098	940	1	parkinson	parkinson	NOUN
cjfa-28098	940	2	,	,	PUNCT
cjfa-28098	940	3	j.e	j.e	PROPN
cjfa-28098	940	4	.	.	PROPN
cjfa-28098	940	5	(	(	PUNCT
cjfa-28098	940	6	1995	1995	NUM
cjfa-28098	940	7	)	)	PUNCT
cjfa-28098	940	8	.	.	PUNCT
cjfa-28098	941	1	corporate	corporate	ADJ
cjfa-28098	941	2	power	power	NOUN
cjfa-28098	941	3	and	and	CCONJ
cjfa-28098	941	4	responsibility	responsibility	NOUN
cjfa-28098	941	5	:	:	PUNCT
cjfa-28098	941	6	issues	issue	NOUN
cjfa-28098	941	7	in	in	ADP
cjfa-28098	941	8	the	the	DET
cjfa-28098	941	9	theory	theory	NOUN
cjfa-28098	941	10	of	of	ADP
cjfa-28098	941	11	company	company	NOUN
cjfa-28098	941	12	law	law	NOUN
cjfa-28098	941	13	.	.	PUNCT
cjfa-28098	942	1	oup	oup	NOUN
cjfa-28098	942	2	catalogue	catalogue	NOUN
cjfa-28098	942	3	.	.	PUNCT
cjfa-28098	943	1	parmar	parmar	PROPN
cjfa-28098	943	2	,	,	PUNCT
cjfa-28098	943	3	b.l	b.l	PROPN
cjfa-28098	943	4	.	.	PROPN
cjfa-28098	943	5	,	,	PUNCT
cjfa-28098	943	6	freeman	freeman	PROPN
cjfa-28098	943	7	,	,	PUNCT
cjfa-28098	943	8	r.e	r.e	PROPN
cjfa-28098	943	9	.	.	PROPN
cjfa-28098	943	10	,	,	PUNCT
cjfa-28098	943	11	harrison	harrison	PROPN
cjfa-28098	943	12	,	,	PUNCT
cjfa-28098	943	13	j.s	j.s	PROPN
cjfa-28098	943	14	.	.	PROPN
cjfa-28098	943	15	,	,	PUNCT
cjfa-28098	943	16	wicks	wick	NOUN
cjfa-28098	943	17	,	,	PUNCT
cjfa-28098	943	18	a.c	a.c	PROPN
cjfa-28098	943	19	.	.	PROPN
cjfa-28098	943	20	,	,	PUNCT
cjfa-28098	943	21	purnell	purnell	PROPN
cjfa-28098	943	22	,	,	PUNCT
cjfa-28098	943	23	l.	l.	PROPN
cjfa-28098	943	24	,	,	PUNCT
cjfa-28098	943	25	&	&	CCONJ
cjfa-28098	943	26	de	de	PROPN
cjfa-28098	943	27	colle	colle	PROPN
cjfa-28098	943	28	,	,	PUNCT
cjfa-28098	943	29	s.	s.	PROPN
cjfa-28098	943	30	(	(	PUNCT
cjfa-28098	943	31	2010	2010	NUM
cjfa-28098	943	32	)	)	PUNCT
cjfa-28098	943	33	.	.	PUNCT
cjfa-28098	944	1	stakeholder	stakeholder	PROPN
cjfa-28098	944	2	theory	theory	NOUN
cjfa-28098	944	3	:	:	PUNCT
cjfa-28098	944	4	the	the	DET
cjfa-28098	944	5	state	state	NOUN
cjfa-28098	944	6	of	of	ADP
cjfa-28098	944	7	the	the	DET
cjfa-28098	944	8	art	art	NOUN
cjfa-28098	944	9	.	.	PUNCT
cjfa-28098	945	1	the	the	DET
cjfa-28098	945	2	academy	academy	PROPN
cjfa-28098	945	3	of	of	ADP
cjfa-28098	945	4	management	management	NOUN
cjfa-28098	945	5	annals	annal	NOUN
cjfa-28098	945	6	,	,	PUNCT
cjfa-28098	945	7	4	4	NUM
cjfa-28098	945	8	,	,	PUNCT
cjfa-28098	945	9	403	403	NUM
cjfa-28098	945	10	–	–	PUNCT
cjfa-28098	945	11	 	 	SPACE
cjfa-28098	945	12	445	445	NUM
cjfa-28098	945	13	.	.	PUNCT
cjfa-28098	946	1	http://dx.doi.org/10.1080/19416520.2010.495581	http://dx.doi.org/10.1080/19416520.2010.495581	PROPN
cjfa-28098	946	2	.	.	PUNCT
cjfa-28098	947	1	peng	peng	PROPN
cjfa-28098	947	2	,	,	PUNCT
cjfa-28098	947	3	l.	l.	PROPN
cjfa-28098	947	4	,	,	PUNCT
cjfa-28098	947	5	&	&	CCONJ
cjfa-28098	947	6	röell	röell	PROPN
cjfa-28098	947	7	,	,	PUNCT
cjfa-28098	947	8	a.	a.	NOUN
cjfa-28098	947	9	(	(	PUNCT
cjfa-28098	947	10	2003	2003	NUM
cjfa-28098	947	11	)	)	PUNCT
cjfa-28098	947	12	.	.	PUNCT
cjfa-28098	948	1	executive	executive	ADJ
cjfa-28098	948	2	pay	pay	NOUN
cjfa-28098	948	3	,	,	PUNCT
cjfa-28098	948	4	earnings	earning	NOUN
cjfa-28098	948	5	mainopulation	mainopulation	NOUN
cjfa-28098	948	6	and	and	CCONJ
cjfa-28098	948	7	shareholder	shareholder	NOUN
cjfa-28098	948	8	litigation	litigation	NOUN
cjfa-28098	948	9	.	.	PUNCT
cjfa-28098	949	1	hong	hong	PROPN
cjfa-28098	949	2	kong	kong	PROPN
cjfa-28098	949	3	:	:	PUNCT
cjfa-28098	949	4	school	school	NOUN
cjfa-28098	949	5	of	of	ADP
cjfa-28098	949	6	economics	economics	PROPN
cjfa-28098	949	7	&	&	CCONJ
cjfa-28098	949	8	finance	finance	PROPN
cjfa-28098	949	9	,	,	PUNCT
cjfa-28098	949	10	university	university	NOUN
cjfa-28098	949	11	of	of	ADP
cjfa-28098	949	12	hong	hong	PROPN
cjfa-28098	949	13	kong	kong	PROPN
cjfa-28098	949	14	.	.	PUNCT
cjfa-28098	950	1	peng	peng	PROPN
cjfa-28098	950	2	,	,	PUNCT
cjfa-28098	950	3	m.w	m.w	PROPN
cjfa-28098	950	4	.	.	PROPN
cjfa-28098	950	5	,	,	PUNCT
cjfa-28098	950	6	buck	buck	NOUN
cjfa-28098	950	7	,	,	PUNCT
cjfa-28098	950	8	t.	t.	PROPN
cjfa-28098	950	9	,	,	PUNCT
cjfa-28098	950	10	&	&	CCONJ
cjfa-28098	950	11	filatotchev	filatotchev	PROPN
cjfa-28098	950	12	,	,	PUNCT
cjfa-28098	950	13	i.	i.	PROPN
cjfa-28098	950	14	(	(	PUNCT
cjfa-28098	950	15	2003	2003	NUM
cjfa-28098	950	16	)	)	PUNCT
cjfa-28098	950	17	.	.	PUNCT
cjfa-28098	951	1	do	do	VERB
cjfa-28098	951	2	outside	outside	ADJ
cjfa-28098	951	3	directors	director	NOUN
cjfa-28098	951	4	and	and	CCONJ
cjfa-28098	951	5	new	new	ADJ
cjfa-28098	951	6	managers	manager	NOUN
cjfa-28098	951	7	help	help	VERB
cjfa-28098	951	8	improve	improve	VERB
cjfa-28098	951	9	firm	firm	ADJ
cjfa-28098	951	10	performance	performance	NOUN
cjfa-28098	951	11	?	?	PUNCT
cjfa-28098	952	1	an	an	DET
cjfa-28098	952	2	exploratory	exploratory	ADJ
cjfa-28098	952	3	study	study	NOUN
cjfa-28098	952	4	in	in	ADP
cjfa-28098	952	5	russian	russian	ADJ
cjfa-28098	952	6	privatization	privatization	NOUN
cjfa-28098	952	7	.	.	PUNCT
cjfa-28098	953	1	journal	journal	NOUN
cjfa-28098	953	2	of	of	ADP
cjfa-28098	953	3	world	world	PROPN
cjfa-28098	953	4	business	business	NOUN
cjfa-28098	953	5	,	,	PUNCT
cjfa-28098	953	6	38	38	NUM
cjfa-28098	953	7	,	,	PUNCT
cjfa-28098	953	8	348–360	348–360	NUM
cjfa-28098	953	9	.	.	PUNCT
cjfa-28098	954	1	poole	poole	NOUN
cjfa-28098	954	2	,	,	PUNCT
cjfa-28098	954	3	m.	m.	NOUN
cjfa-28098	954	4	,	,	PUNCT
cjfa-28098	954	5	mansfield	mansfield	PROPN
cjfa-28098	954	6	,	,	PUNCT
cjfa-28098	954	7	r.	r.	PROPN
cjfa-28098	954	8	,	,	PUNCT
cjfa-28098	954	9	&	&	CCONJ
cjfa-28098	954	10	mendes	mende	NOUN
cjfa-28098	954	11	,	,	PUNCT
cjfa-28098	954	12	p.	p.	NOUN
cjfa-28098	954	13	(	(	PUNCT
cjfa-28098	954	14	2001	2001	NUM
cjfa-28098	954	15	)	)	PUNCT
cjfa-28098	954	16	.	.	PUNCT
cjfa-28098	955	1	two	two	NUM
cjfa-28098	955	2	decades	decade	NOUN
cjfa-28098	955	3	of	of	ADP
cjfa-28098	955	4	management	management	NOUN
cjfa-28098	955	5	:	:	PUNCT
cjfa-28098	955	6	a	a	DET
cjfa-28098	955	7	survey	survey	NOUN
cjfa-28098	955	8	of	of	ADP
cjfa-28098	955	9	the	the	DET
cjfa-28098	955	10	attitudes	attitude	NOUN
cjfa-28098	955	11	and	and	CCONJ
cjfa-28098	955	12	behaviour	behaviour	NOUN
cjfa-28098	955	13	of	of	ADP
cjfa-28098	955	14	managers	manager	NOUN
cjfa-28098	955	15	over	over	ADP
cjfa-28098	955	16	a	a	DET
cjfa-28098	955	17	20	20	NUM
cjfa-28098	955	18	year	year	NOUN
cjfa-28098	955	19	period	period	NOUN
cjfa-28098	955	20	.	.	PUNCT
cjfa-28098	956	1	london	london	PROPN
cjfa-28098	956	2	:	:	PUNCT
cjfa-28098	956	3	institute	institute	NOUN
cjfa-28098	956	4	of	of	ADP
cjfa-28098	956	5	management	management	NOUN
cjfa-28098	956	6	.	.	PUNCT
cjfa-28098	957	1	posner	posner	NOUN
cjfa-28098	957	2	,	,	PUNCT
cjfa-28098	957	3	b.z	b.z	PROPN
cjfa-28098	957	4	.	.	PROPN
cjfa-28098	957	5	,	,	PUNCT
cjfa-28098	957	6	&	&	CCONJ
cjfa-28098	957	7	schmidt	schmidt	PROPN
cjfa-28098	957	8	,	,	PUNCT
cjfa-28098	957	9	w.h	w.h	PROPN
cjfa-28098	957	10	.	.	PROPN
cjfa-28098	957	11	(	(	PUNCT
cjfa-28098	957	12	1984	1984	NUM
cjfa-28098	957	13	)	)	PUNCT
cjfa-28098	957	14	.	.	PUNCT
cjfa-28098	958	1	values	value	NOUN
cjfa-28098	958	2	and	and	CCONJ
cjfa-28098	958	3	the	the	DET
cjfa-28098	958	4	american	american	ADJ
cjfa-28098	958	5	manager	manager	NOUN
cjfa-28098	958	6	:	:	PUNCT
cjfa-28098	958	7	an	an	DET
cjfa-28098	958	8	update	update	NOUN
cjfa-28098	958	9	.	.	PUNCT
cjfa-28098	959	1	california	california	PROPN
cjfa-28098	959	2	management	management	PROPN
cjfa-28098	959	3	review	review	PROPN
cjfa-28098	959	4	,	,	PUNCT
cjfa-28098	959	5	26	26	NUM
cjfa-28098	959	6	,	,	PUNCT
cjfa-28098	959	7	202–216	202–216	NUM
cjfa-28098	959	8	.	.	PUNCT
cjfa-28098	960	1	preston	preston	PROPN
cjfa-28098	960	2	,	,	PUNCT
cjfa-28098	960	3	l.e	l.e	PROPN
cjfa-28098	960	4	.	.	PROPN
cjfa-28098	960	5	,	,	PUNCT
cjfa-28098	960	6	&	&	CCONJ
cjfa-28098	960	7	sapienza	sapienza	PROPN
cjfa-28098	960	8	,	,	PUNCT
cjfa-28098	960	9	h.j	h.j	PROPN
cjfa-28098	960	10	.	.	PROPN
cjfa-28098	960	11	(	(	PUNCT
cjfa-28098	960	12	1990	1990	NUM
cjfa-28098	960	13	)	)	PUNCT
cjfa-28098	960	14	.	.	PUNCT
cjfa-28098	961	1	stakeholder	stakeholder	NOUN
cjfa-28098	961	2	management	management	NOUN
cjfa-28098	961	3	and	and	CCONJ
cjfa-28098	961	4	corporate	corporate	ADJ
cjfa-28098	961	5	performance	performance	NOUN
cjfa-28098	961	6	.	.	PUNCT
cjfa-28098	962	1	journal	journal	NOUN
cjfa-28098	962	2	of	of	ADP
cjfa-28098	962	3	behavioral	behavioral	ADJ
cjfa-28098	962	4	economics	economic	NOUN
cjfa-28098	962	5	,	,	PUNCT
cjfa-28098	962	6	19	19	NUM
cjfa-28098	962	7	,	,	PUNCT
cjfa-28098	962	8	361–375	361–375	NUM
cjfa-28098	962	9	.	.	PUNCT
cjfa-28098	963	1	qiu	qiu	PROPN
cjfa-28098	963	2	,	,	PUNCT
cjfa-28098	963	3	h.	h.	PROPN
cjfa-28098	963	4	,	,	PUNCT
cjfa-28098	963	5	&	&	CCONJ
cjfa-28098	963	6	yao	yao	PROPN
cjfa-28098	963	7	,	,	PUNCT
cjfa-28098	963	8	s.	s.	PROPN
cjfa-28098	963	9	(	(	PUNCT
cjfa-28098	963	10	2009	2009	NUM
cjfa-28098	963	11	)	)	PUNCT
cjfa-28098	963	12	.	.	PUNCT
cjfa-28098	964	1	share	share	NOUN
cjfa-28098	964	2	merger	merger	NOUN
cjfa-28098	964	3	reform	reform	NOUN
cjfa-28098	964	4	,	,	PUNCT
cjfa-28098	964	5	corporate	corporate	ADJ
cjfa-28098	964	6	governance	governance	NOUN
cjfa-28098	964	7	and	and	CCONJ
cjfa-28098	964	8	firm	firm	ADJ
cjfa-28098	964	9	value	value	NOUN
cjfa-28098	964	10	in	in	ADP
cjfa-28098	964	11	china	china	PROPN
cjfa-28098	964	12	.	.	PUNCT
cjfa-28098	965	1	corporate	corporate	ADJ
cjfa-28098	965	2	governance	governance	NOUN
cjfa-28098	965	3	and	and	CCONJ
cjfa-28098	965	4	firm	firm	ADJ
cjfa-28098	965	5	value	value	NOUN
cjfa-28098	965	6	in	in	ADP
cjfa-28098	965	7	china	china	PROPN
cjfa-28098	965	8	.	.	PUNCT
cjfa-28098	966	1	22nd	22nd	NOUN
cjfa-28098	966	2	australasian	australasian	ADJ
cjfa-28098	966	3	finance	finance	NOUN
cjfa-28098	966	4	and	and	CCONJ
cjfa-28098	966	5	banking	banking	NOUN
cjfa-28098	966	6	conference	conference	NOUN
cjfa-28098	966	7	.	.	PUNCT
cjfa-28098	967	1	http://dx.doi.org/10.2139/ssrn.1275699	http://dx.doi.org/10.2139/ssrn.1275699	PROPN
cjfa-28098	967	2	.	.	PUNCT
cjfa-28098	968	1	raheja	raheja	PROPN
cjfa-28098	968	2	,	,	PUNCT
cjfa-28098	968	3	c.g	c.g	PROPN
cjfa-28098	968	4	.	.	PROPN
cjfa-28098	968	5	(	(	PUNCT
cjfa-28098	968	6	2005	2005	NUM
cjfa-28098	968	7	)	)	PUNCT
cjfa-28098	968	8	.	.	PUNCT
cjfa-28098	969	1	determinants	determinant	NOUN
cjfa-28098	969	2	of	of	ADP
cjfa-28098	969	3	board	board	NOUN
cjfa-28098	969	4	size	size	NOUN
cjfa-28098	969	5	and	and	CCONJ
cjfa-28098	969	6	composition	composition	NOUN
cjfa-28098	969	7	:	:	PUNCT
cjfa-28098	969	8	a	a	DET
cjfa-28098	969	9	theory	theory	NOUN
cjfa-28098	969	10	of	of	ADP
cjfa-28098	969	11	corporate	corporate	ADJ
cjfa-28098	969	12	boards	board	NOUN
cjfa-28098	969	13	.	.	PUNCT
cjfa-28098	970	1	journal	journal	NOUN
cjfa-28098	970	2	of	of	ADP
cjfa-28098	970	3	financial	financial	ADJ
cjfa-28098	970	4	and	and	CCONJ
cjfa-28098	970	5	quantitative	quantitative	ADJ
cjfa-28098	970	6	analysis	analysis	NOUN
cjfa-28098	970	7	,	,	PUNCT
cjfa-28098	970	8	40	40	NUM
cjfa-28098	970	9	,	,	PUNCT
cjfa-28098	970	10	283–306	283–306	NUM
cjfa-28098	970	11	.	.	PUNCT
cjfa-28098	971	1	http://dx.doi	http://dx.doi	NOUN
cjfa-28098	971	2	.	.	PUNCT
cjfa-28098	972	1	org/10.1017	org/10.1017	CCONJ
cjfa-28098	972	2	/	/	SYM
cjfa-28098	972	3	s0022109000002313	s0022109000002313	VERB
cjfa-28098	972	4	.	.	PUNCT
cjfa-28098	973	1	raviv	raviv	PROPN
cjfa-28098	973	2	,	,	PUNCT
cjfa-28098	973	3	a.	a.	NOUN
cjfa-28098	973	4	(	(	PUNCT
cjfa-28098	973	5	1985	1985	NUM
cjfa-28098	973	6	)	)	PUNCT
cjfa-28098	973	7	.	.	PUNCT
cjfa-28098	974	1	management	management	NOUN
cjfa-28098	974	2	compensation	compensation	NOUN
cjfa-28098	974	3	and	and	CCONJ
cjfa-28098	974	4	the	the	DET
cjfa-28098	974	5	managerial	managerial	ADJ
cjfa-28098	974	6	labor	labor	NOUN
cjfa-28098	974	7	market	market	NOUN
cjfa-28098	974	8	an	an	DET
cjfa-28098	974	9	overview	overview	NOUN
cjfa-28098	974	10	.	.	PUNCT
cjfa-28098	975	1	journal	journal	NOUN
cjfa-28098	975	2	of	of	ADP
cjfa-28098	975	3	accounting	accounting	NOUN
cjfa-28098	975	4	and	and	CCONJ
cjfa-28098	975	5	economics	economic	NOUN
cjfa-28098	975	6	,	,	PUNCT
cjfa-28098	975	7	7	7	NUM
cjfa-28098	975	8	,	,	PUNCT
cjfa-28098	975	9	239–245	239–245	NUM
cjfa-28098	975	10	.	.	PUNCT
cjfa-28098	976	1	reed	reed	PROPN
cjfa-28098	976	2	,	,	PUNCT
cjfa-28098	976	3	d.	d.	PROPN
cjfa-28098	976	4	(	(	PUNCT
cjfa-28098	976	5	2002	2002	NUM
cjfa-28098	976	6	)	)	PUNCT
cjfa-28098	976	7	.	.	PUNCT
cjfa-28098	977	1	corporate	corporate	ADJ
cjfa-28098	977	2	governance	governance	NOUN
cjfa-28098	977	3	reforms	reform	NOUN
cjfa-28098	977	4	in	in	ADP
cjfa-28098	977	5	developing	develop	VERB
cjfa-28098	977	6	countries	country	NOUN
cjfa-28098	977	7	.	.	PUNCT
cjfa-28098	978	1	journal	journal	PROPN
cjfa-28098	978	2	of	of	ADP
cjfa-28098	978	3	business	business	NOUN
cjfa-28098	978	4	ethics	ethic	NOUN
cjfa-28098	978	5	,	,	PUNCT
cjfa-28098	978	6	37	37	NUM
cjfa-28098	978	7	,	,	PUNCT
cjfa-28098	978	8	223–247	223–247	NUM
cjfa-28098	978	9	.	.	PUNCT
cjfa-28098	979	1	rhoades	rhoades	PROPN
cjfa-28098	979	2	,	,	PUNCT
cjfa-28098	979	3	d.l	d.l	PROPN
cjfa-28098	979	4	.	.	PROPN
cjfa-28098	979	5	,	,	PUNCT
cjfa-28098	979	6	rechner	rechner	PROPN
cjfa-28098	979	7	,	,	PUNCT
cjfa-28098	979	8	p.l	p.l	PROPN
cjfa-28098	979	9	.	.	PROPN
cjfa-28098	979	10	,	,	PUNCT
cjfa-28098	979	11	&	&	CCONJ
cjfa-28098	979	12	sundaramurthy	sundaramurthy	ADJ
cjfa-28098	979	13	,	,	PUNCT
cjfa-28098	979	14	c.	c.	PROPN
cjfa-28098	979	15	(	(	PUNCT
cjfa-28098	979	16	2000	2000	NUM
cjfa-28098	979	17	)	)	PUNCT
cjfa-28098	979	18	.	.	PUNCT
cjfa-28098	980	1	board	board	NOUN
cjfa-28098	980	2	composition	composition	NOUN
cjfa-28098	980	3	and	and	CCONJ
cjfa-28098	980	4	financial	financial	ADJ
cjfa-28098	980	5	performance	performance	NOUN
cjfa-28098	980	6	:	:	PUNCT
cjfa-28098	980	7	a	a	DET
cjfa-28098	980	8	meta	meta	ADJ
cjfa-28098	980	9	-	-	PUNCT
cjfa-28098	980	10	analysis	analysis	NOUN
cjfa-28098	980	11	of	of	ADP
cjfa-28098	980	12	the	the	DET
cjfa-28098	980	13	influence	influence	NOUN
cjfa-28098	980	14	of	of	ADP
cjfa-28098	980	15	outside	outside	ADJ
cjfa-28098	980	16	directors	director	NOUN
cjfa-28098	980	17	.	.	PUNCT
cjfa-28098	981	1	journal	journal	PROPN
cjfa-28098	981	2	of	of	ADP
cjfa-28098	981	3	managerial	managerial	ADJ
cjfa-28098	981	4	issues	issue	NOUN
cjfa-28098	981	5	,	,	PUNCT
cjfa-28098	981	6	76–91	76–91	NUM
cjfa-28098	981	7	.	.	PUNCT
cjfa-28098	982	1	roe	roe	PROPN
cjfa-28098	982	2	,	,	PUNCT
cjfa-28098	982	3	e.	e.	PROPN
cjfa-28098	982	4	(	(	PUNCT
cjfa-28098	982	5	1994	1994	NUM
cjfa-28098	982	6	)	)	PUNCT
cjfa-28098	982	7	.	.	PUNCT
cjfa-28098	983	1	narrative	narrative	NOUN
cjfa-28098	983	2	policy	policy	NOUN
cjfa-28098	983	3	analysis	analysis	NOUN
cjfa-28098	983	4	:	:	PUNCT
cjfa-28098	983	5	theory	theory	NOUN
cjfa-28098	983	6	and	and	CCONJ
cjfa-28098	983	7	practice	practice	NOUN
cjfa-28098	983	8	.	.	PUNCT
cjfa-28098	984	1	durham	durham	PROPN
cjfa-28098	984	2	:	:	PUNCT
cjfa-28098	984	3	duke	duke	PROPN
cjfa-28098	984	4	university	university	PROPN
cjfa-28098	984	5	press	press	NOUN
cjfa-28098	984	6	.	.	PUNCT
cjfa-28098	985	1	atm	atm	PROPN
cjfa-28098	985	2	adnan	adnan	PROPN
cjfa-28098	985	3	,	,	PUNCT
cjfa-28098	985	4	nisar	nisar	PROPN
cjfa-28098	985	5	ahmed46	ahmed46	PROPN
cjfa-28098	985	6	rosenstein	rosenstein	NOUN
cjfa-28098	985	7	,	,	PUNCT
cjfa-28098	985	8	s.	s.	PROPN
cjfa-28098	985	9	,	,	PUNCT
cjfa-28098	985	10	&	&	CCONJ
cjfa-28098	985	11	wyatt	wyatt	PROPN
cjfa-28098	985	12	,	,	PUNCT
cjfa-28098	985	13	j.g	j.g	PROPN
cjfa-28098	985	14	.	.	PROPN
cjfa-28098	985	15	(	(	PUNCT
cjfa-28098	985	16	1990	1990	NUM
cjfa-28098	985	17	)	)	PUNCT
cjfa-28098	985	18	.	.	PUNCT
cjfa-28098	986	1	outside	outside	ADJ
cjfa-28098	986	2	directors	director	NOUN
cjfa-28098	986	3	,	,	PUNCT
cjfa-28098	986	4	board	board	NOUN
cjfa-28098	986	5	independence	independence	NOUN
cjfa-28098	986	6	,	,	PUNCT
cjfa-28098	986	7	and	and	CCONJ
cjfa-28098	986	8	shareholder	shareholder	NOUN
cjfa-28098	986	9	wealth	wealth	NOUN
cjfa-28098	986	10	.	.	PUNCT
cjfa-28098	987	1	journal	journal	PROPN
cjfa-28098	987	2	of	of	ADP
cjfa-28098	987	3	financial	financial	ADJ
cjfa-28098	987	4	economics	economic	NOUN
cjfa-28098	987	5	,	,	PUNCT
cjfa-28098	987	6	26	26	NUM
cjfa-28098	987	7	,	,	PUNCT
cjfa-28098	987	8	175–191	175–191	NUM
cjfa-28098	987	9	.	.	PUNCT
cjfa-28098	988	1	ross	ross	PROPN
cjfa-28098	988	2	,	,	PUNCT
cjfa-28098	988	3	s.a	s.a	PROPN
cjfa-28098	988	4	.	.	PROPN
cjfa-28098	988	5	,	,	PUNCT
cjfa-28098	988	6	westerfield	westerfield	PROPN
cjfa-28098	988	7	,	,	PUNCT
cjfa-28098	988	8	r.w	r.w	PROPN
cjfa-28098	988	9	.	.	PROPN
cjfa-28098	988	10	,	,	PUNCT
cjfa-28098	988	11	&	&	CCONJ
cjfa-28098	988	12	jaffe	jaffe	PROPN
cjfa-28098	988	13	,	,	PUNCT
cjfa-28098	988	14	j.f	j.f	PROPN
cjfa-28098	988	15	.	.	PROPN
cjfa-28098	988	16	(	(	PUNCT
cjfa-28098	988	17	2002	2002	NUM
cjfa-28098	988	18	)	)	PUNCT
cjfa-28098	988	19	.	.	PUNCT
cjfa-28098	989	1	corporate	corporate	ADJ
cjfa-28098	989	2	finance	finance	NOUN
cjfa-28098	989	3	.	.	PUNCT
cjfa-28098	990	1	new	new	PROPN
cjfa-28098	990	2	york	york	PROPN
cjfa-28098	990	3	:	:	PUNCT
cjfa-28098	990	4	the	the	DET
cjfa-28098	990	5	mcgraw	mcgraw	PROPN
cjfa-28098	990	6	-	-	PUNCT
cjfa-28098	990	7	hill	hill	NOUN
cjfa-28098	990	8	companies	company	NOUN
cjfa-28098	990	9	.	.	PUNCT
cjfa-28098	991	1	rugman	rugman	PROPN
cjfa-28098	991	2	,	,	PUNCT
cjfa-28098	991	3	a.m.	a.m.	ADV
cjfa-28098	991	4	,	,	PUNCT
cjfa-28098	991	5	&	&	CCONJ
cjfa-28098	991	6	collinson	collinson	PROPN
cjfa-28098	991	7	,	,	PUNCT
cjfa-28098	991	8	s.	s.	PROPN
cjfa-28098	991	9	(	(	PUNCT
cjfa-28098	991	10	2009	2009	NUM
cjfa-28098	991	11	)	)	PUNCT
cjfa-28098	991	12	.	.	PUNCT
cjfa-28098	992	1	international	international	ADJ
cjfa-28098	992	2	business	business	NOUN
cjfa-28098	992	3	.	.	PUNCT
cjfa-28098	993	1	london	london	PROPN
cjfa-28098	993	2	:	:	PUNCT
cjfa-28098	993	3	pearson	pearson	PROPN
cjfa-28098	993	4	education	education	PROPN
cjfa-28098	993	5	.	.	PUNCT
cjfa-28098	994	1	sarkar	sarkar	PROPN
cjfa-28098	994	2	,	,	PUNCT
cjfa-28098	994	3	j.	j.	PROPN
cjfa-28098	994	4	,	,	PUNCT
cjfa-28098	994	5	&	&	CCONJ
cjfa-28098	994	6	sarkar	sarkar	PROPN
cjfa-28098	994	7	,	,	PUNCT
cjfa-28098	994	8	s.	s.	PROPN
cjfa-28098	994	9	(	(	PUNCT
cjfa-28098	994	10	2008	2008	NUM
cjfa-28098	994	11	)	)	PUNCT
cjfa-28098	994	12	.	.	PUNCT
cjfa-28098	995	1	debt	debt	NOUN
cjfa-28098	995	2	and	and	CCONJ
cjfa-28098	995	3	corporate	corporate	ADJ
cjfa-28098	995	4	governance	governance	NOUN
cjfa-28098	995	5	in	in	ADP
cjfa-28098	995	6	emerging	emerge	VERB
cjfa-28098	995	7	economies	economy	NOUN
cjfa-28098	995	8	evidence	evidence	NOUN
cjfa-28098	995	9	from	from	ADP
cjfa-28098	995	10	india	india	PROPN
cjfa-28098	995	11	1	1	NUM
cjfa-28098	995	12	.	.	PUNCT
cjfa-28098	995	13	economics	economic	NOUN
cjfa-28098	995	14	of	of	ADP
cjfa-28098	995	15	transition	transition	NOUN
cjfa-28098	995	16	,	,	PUNCT
cjfa-28098	995	17	16	16	NUM
cjfa-28098	995	18	,	,	PUNCT
cjfa-28098	995	19	293–334	293–334	NUM
cjfa-28098	995	20	.	.	PUNCT
cjfa-28098	996	1	schmidt	schmidt	PROPN
cjfa-28098	996	2	,	,	PUNCT
cjfa-28098	996	3	r.h	r.h	PROPN
cjfa-28098	996	4	.	.	PROPN
cjfa-28098	996	5	,	,	PUNCT
cjfa-28098	996	6	&	&	CCONJ
cjfa-28098	996	7	spindler	spindler	PROPN
cjfa-28098	996	8	,	,	PUNCT
cjfa-28098	996	9	g.	g.	PROPN
cjfa-28098	996	10	(	(	PUNCT
cjfa-28098	996	11	2002	2002	NUM
cjfa-28098	996	12	)	)	PUNCT
cjfa-28098	996	13	.	.	PUNCT
cjfa-28098	997	1	path	path	NOUN
cjfa-28098	997	2	dependence	dependence	NOUN
cjfa-28098	997	3	,	,	PUNCT
cjfa-28098	997	4	corporate	corporate	ADJ
cjfa-28098	997	5	governance	governance	NOUN
cjfa-28098	997	6	and	and	CCONJ
cjfa-28098	997	7	complementarity	complementarity	NOUN
cjfa-28098	997	8	.	.	PUNCT
cjfa-28098	998	1	international	international	ADJ
cjfa-28098	998	2	finance	finance	NOUN
cjfa-28098	998	3	,	,	PUNCT
cjfa-28098	998	4	5	5	NUM
cjfa-28098	998	5	,	,	PUNCT
cjfa-28098	998	6	311–333	311–333	NUM
cjfa-28098	998	7	.	.	PUNCT
cjfa-28098	999	1	shivdasani	shivdasani	PROPN
cjfa-28098	999	2	,	,	PUNCT
cjfa-28098	999	3	a.	a.	NOUN
cjfa-28098	999	4	(	(	PUNCT
cjfa-28098	999	5	1993	1993	NUM
cjfa-28098	999	6	)	)	PUNCT
cjfa-28098	999	7	.	.	PUNCT
cjfa-28098	1000	1	board	board	NOUN
cjfa-28098	1000	2	composition	composition	NOUN
cjfa-28098	1000	3	,	,	PUNCT
cjfa-28098	1000	4	ownership	ownership	NOUN
cjfa-28098	1000	5	structure	structure	NOUN
cjfa-28098	1000	6	,	,	PUNCT
cjfa-28098	1000	7	and	and	CCONJ
cjfa-28098	1000	8	hostile	hostile	ADJ
cjfa-28098	1000	9	takeovers	takeover	NOUN
cjfa-28098	1000	10	.	.	PUNCT
cjfa-28098	1001	1	journal	journal	NOUN
cjfa-28098	1001	2	of	of	ADP
cjfa-28098	1001	3	accounting	accounting	NOUN
cjfa-28098	1001	4	and	and	CCONJ
cjfa-28098	1001	5	economics	economic	NOUN
cjfa-28098	1001	6	,	,	PUNCT
cjfa-28098	1001	7	16	16	NUM
cjfa-28098	1001	8	,	,	PUNCT
cjfa-28098	1001	9	167–198	167–198	NUM
cjfa-28098	1001	10	.	.	PUNCT
cjfa-28098	1002	1	shleifer	shleifer	PROPN
cjfa-28098	1002	2	,	,	PUNCT
cjfa-28098	1002	3	a.	a.	PROPN
cjfa-28098	1002	4	,	,	PUNCT
cjfa-28098	1002	5	&	&	CCONJ
cjfa-28098	1002	6	vishny	vishny	PROPN
cjfa-28098	1002	7	,	,	PUNCT
cjfa-28098	1002	8	r.w	r.w	PROPN
cjfa-28098	1002	9	.	.	PROPN
cjfa-28098	1002	10	(	(	PUNCT
cjfa-28098	1002	11	1997	1997	NUM
cjfa-28098	1002	12	)	)	PUNCT
cjfa-28098	1002	13	.	.	PUNCT
cjfa-28098	1003	1	a	a	DET
cjfa-28098	1003	2	survey	survey	NOUN
cjfa-28098	1003	3	of	of	ADP
cjfa-28098	1003	4	corporate	corporate	ADJ
cjfa-28098	1003	5	governance	governance	NOUN
cjfa-28098	1003	6	.	.	PUNCT
cjfa-28098	1004	1	the	the	DET
cjfa-28098	1004	2	journal	journal	PROPN
cjfa-28098	1004	3	of	of	ADP
cjfa-28098	1004	4	finance	finance	NOUN
cjfa-28098	1004	5	,	,	PUNCT
cjfa-28098	1004	6	52	52	NUM
cjfa-28098	1004	7	,	,	PUNCT
cjfa-28098	1004	8	737–783	737–783	NUM
cjfa-28098	1004	9	.	.	PUNCT
cjfa-28098	1004	10	siddiqui	siddiqui	PROPN
cjfa-28098	1004	11	,	,	PUNCT
cjfa-28098	1004	12	j.	j.	PROPN
cjfa-28098	1004	13	(	(	PUNCT
cjfa-28098	1004	14	2010	2010	NUM
cjfa-28098	1004	15	)	)	PUNCT
cjfa-28098	1004	16	.	.	PUNCT
cjfa-28098	1005	1	development	development	NOUN
cjfa-28098	1005	2	of	of	ADP
cjfa-28098	1005	3	corporate	corporate	ADJ
cjfa-28098	1005	4	governance	governance	NOUN
cjfa-28098	1005	5	regulations	regulation	NOUN
cjfa-28098	1005	6	:	:	PUNCT
cjfa-28098	1005	7	the	the	DET
cjfa-28098	1005	8	case	case	NOUN
cjfa-28098	1005	9	of	of	ADP
cjfa-28098	1005	10	an	an	DET
cjfa-28098	1005	11	emerging	emerge	VERB
cjfa-28098	1005	12	economy	economy	NOUN
cjfa-28098	1005	13	.	.	PUNCT
cjfa-28098	1006	1	journal	journal	PROPN
cjfa-28098	1006	2	of	of	ADP
cjfa-28098	1006	3	business	business	NOUN
cjfa-28098	1006	4	ethics	ethic	NOUN
cjfa-28098	1006	5	,	,	PUNCT
cjfa-28098	1006	6	91	91	NUM
cjfa-28098	1006	7	,	,	PUNCT
cjfa-28098	1006	8	253–274	253–274	NUM
cjfa-28098	1006	9	.	.	PUNCT
cjfa-28098	1007	1	http://dx.doi	http://dx.doi	NOUN
cjfa-28098	1007	2	.	.	PUNCT
cjfa-28098	1008	1	org/10.1007	org/10.1007	PROPN
cjfa-28098	1008	2	/	/	SYM
cjfa-28098	1008	3	s10551	s10551	PROPN
cjfa-28098	1008	4	-	-	PUNCT
cjfa-28098	1008	5	009	009	NUM
cjfa-28098	1008	6	-	-	PUNCT
cjfa-28098	1008	7	0082	0082	NUM
cjfa-28098	1008	8	-	-	PUNCT
cjfa-28098	1008	9	4	4	NUM
cjfa-28098	1008	10	.	.	PUNCT
cjfa-28098	1008	11	stoney	stoney	PROPN
cjfa-28098	1008	12	,	,	PUNCT
cjfa-28098	1008	13	c.	c.	PROPN
cjfa-28098	1008	14	,	,	PUNCT
cjfa-28098	1008	15	&	&	CCONJ
cjfa-28098	1008	16	winstanley	winstanley	PROPN
cjfa-28098	1008	17	,	,	PUNCT
cjfa-28098	1008	18	d.	d.	PROPN
cjfa-28098	1008	19	(	(	PUNCT
cjfa-28098	1008	20	2001	2001	NUM
cjfa-28098	1008	21	)	)	PUNCT
cjfa-28098	1008	22	.	.	PUNCT
cjfa-28098	1009	1	stakeholding	stakeholde	VERB
cjfa-28098	1009	2	:	:	PUNCT
cjfa-28098	1009	3	confusion	confusion	NOUN
cjfa-28098	1009	4	or	or	CCONJ
cjfa-28098	1009	5	utopia	utopia	NOUN
cjfa-28098	1009	6	?	?	PUNCT
cjfa-28098	1010	1	mapping	map	VERB
cjfa-28098	1010	2	the	the	DET
cjfa-28098	1010	3	conceptual	conceptual	ADJ
cjfa-28098	1010	4	terrain	terrain	NOUN
cjfa-28098	1010	5	.	.	PUNCT
cjfa-28098	1011	1	journal	journal	NOUN
cjfa-28098	1011	2	of	of	ADP
cjfa-28098	1011	3	management	management	NOUN
cjfa-28098	1011	4	studies	study	NOUN
cjfa-28098	1011	5	,	,	PUNCT
cjfa-28098	1011	6	38	38	NUM
cjfa-28098	1011	7	,	,	PUNCT
cjfa-28098	1011	8	603–626	603–626	NUM
cjfa-28098	1011	9	.	.	PUNCT
cjfa-28098	1012	1	http://dx.doi	http://dx.doi	NOUN
cjfa-28098	1012	2	.	.	PUNCT
cjfa-28098	1013	1	org/10.1111/1467	org/10.1111/1467	PROPN
cjfa-28098	1013	2	-	-	PROPN
cjfa-28098	1013	3	6486.00251	6486.00251	PROPN
cjfa-28098	1013	4	.	.	PUNCT
cjfa-28098	1014	1	sullivan	sullivan	PROPN
cjfa-28098	1014	2	,	,	PUNCT
cjfa-28098	1014	3	d.p	d.p	PROPN
cjfa-28098	1014	4	.	.	PROPN
cjfa-28098	1014	5	,	,	PUNCT
cjfa-28098	1014	6	&	&	CCONJ
cjfa-28098	1014	7	conlon	conlon	PROPN
cjfa-28098	1014	8	,	,	PUNCT
cjfa-28098	1014	9	d.e	d.e	PROPN
cjfa-28098	1014	10	.	.	PROPN
cjfa-28098	1014	11	(	(	PUNCT
cjfa-28098	1014	12	1997	1997	NUM
cjfa-28098	1014	13	)	)	PUNCT
cjfa-28098	1014	14	.	.	PUNCT
cjfa-28098	1015	1	crisis	crisis	NOUN
cjfa-28098	1015	2	and	and	CCONJ
cjfa-28098	1015	3	transition	transition	NOUN
cjfa-28098	1015	4	in	in	ADP
cjfa-28098	1015	5	corporate	corporate	ADJ
cjfa-28098	1015	6	governance	governance	NOUN
cjfa-28098	1015	7	paradigms	paradigm	VERB
cjfa-28098	1015	8	:	:	PUNCT
cjfa-28098	1015	9	the	the	DET
cjfa-28098	1015	10	role	role	NOUN
cjfa-28098	1015	11	of	of	ADP
cjfa-28098	1015	12	the	the	DET
cjfa-28098	1015	13	chancery	chancery	NOUN
cjfa-28098	1015	14	court	court	PROPN
cjfa-28098	1015	15	of	of	ADP
cjfa-28098	1015	16	delaware	delaware	PROPN
cjfa-28098	1015	17	.	.	PUNCT
cjfa-28098	1016	1	law	law	PROPN
cjfa-28098	1016	2	and	and	CCONJ
cjfa-28098	1016	3	society	society	NOUN
cjfa-28098	1016	4	review	review	NOUN
cjfa-28098	1016	5	,	,	PUNCT
cjfa-28098	1016	6	713–762	713–762	NUM
cjfa-28098	1016	7	.	.	PUNCT
cjfa-28098	1017	1	szewczyk	szewczyk	PROPN
cjfa-28098	1017	2	,	,	PUNCT
cjfa-28098	1017	3	s.h	s.h	PROPN
cjfa-28098	1017	4	.	.	PROPN
cjfa-28098	1017	5	,	,	PUNCT
cjfa-28098	1017	6	&	&	CCONJ
cjfa-28098	1017	7	tsetsekos	tsetsekos	PROPN
cjfa-28098	1017	8	,	,	PUNCT
cjfa-28098	1017	9	g.p	g.p	PROPN
cjfa-28098	1017	10	.	.	PROPN
cjfa-28098	1017	11	(	(	PUNCT
cjfa-28098	1017	12	1992	1992	NUM
cjfa-28098	1017	13	)	)	PUNCT
cjfa-28098	1017	14	.	.	PUNCT
cjfa-28098	1018	1	state	state	NOUN
cjfa-28098	1018	2	intervention	intervention	NOUN
cjfa-28098	1018	3	in	in	ADP
cjfa-28098	1018	4	the	the	DET
cjfa-28098	1018	5	market	market	NOUN
cjfa-28098	1018	6	for	for	ADP
cjfa-28098	1018	7	corporate	corporate	ADJ
cjfa-28098	1018	8	control	control	NOUN
cjfa-28098	1018	9	:	:	PUNCT
cjfa-28098	1018	10	the	the	DET
cjfa-28098	1018	11	case	case	NOUN
cjfa-28098	1018	12	of	of	ADP
cjfa-28098	1018	13	pennsylvania	pennsylvania	PROPN
cjfa-28098	1018	14	senate	senate	PROPN
cjfa-28098	1018	15	bill	bill	PROPN
cjfa-28098	1018	16	1310	1310	NUM
cjfa-28098	1018	17	.	.	PUNCT
cjfa-28098	1019	1	journal	journal	NOUN
cjfa-28098	1019	2	of	of	ADP
cjfa-28098	1019	3	financial	financial	ADJ
cjfa-28098	1019	4	economics	economic	NOUN
cjfa-28098	1019	5	,	,	PUNCT
cjfa-28098	1019	6	31	31	NUM
cjfa-28098	1019	7	,	,	PUNCT
cjfa-28098	1019	8	3–23	3–23	PROPN
cjfa-28098	1019	9	.	.	PUNCT
cjfa-28098	1020	1	turnbull	turnbull	PROPN
cjfa-28098	1020	2	,	,	PUNCT
cjfa-28098	1020	3	n.	n.	PROPN
cjfa-28098	1020	4	(	(	PUNCT
cjfa-28098	1020	5	1999	1999	NUM
cjfa-28098	1020	6	)	)	PUNCT
cjfa-28098	1020	7	.	.	PUNCT
cjfa-28098	1021	1	internal	internal	ADJ
cjfa-28098	1021	2	control	control	NOUN
cjfa-28098	1021	3	:	:	PUNCT
cjfa-28098	1021	4	guidance	guidance	NOUN
cjfa-28098	1021	5	for	for	ADP
cjfa-28098	1021	6	directors	director	NOUN
cjfa-28098	1021	7	on	on	ADP
cjfa-28098	1021	8	the	the	DET
cjfa-28098	1021	9	combined	combined	ADJ
cjfa-28098	1021	10	code	code	NOUN
cjfa-28098	1021	11	.	.	PUNCT
cjfa-28098	1022	1	new	new	PROPN
cjfa-28098	1022	2	york	york	PROPN
cjfa-28098	1022	3	:	:	PUNCT
cjfa-28098	1023	1	jstor	jstor	PROPN
cjfa-28098	1023	2	.	.	PUNCT
cjfa-28098	1024	1	useem	useem	PROPN
cjfa-28098	1024	2	,	,	PUNCT
cjfa-28098	1024	3	m.	m.	NOUN
cjfa-28098	1024	4	(	(	PUNCT
cjfa-28098	1024	5	1993	1993	NUM
cjfa-28098	1024	6	)	)	PUNCT
cjfa-28098	1024	7	.	.	PUNCT
cjfa-28098	1025	1	executive	executive	ADJ
cjfa-28098	1025	2	defense	defense	NOUN
cjfa-28098	1025	3	:	:	PUNCT
cjfa-28098	1025	4	shareholder	shareholder	NOUN
cjfa-28098	1025	5	power	power	NOUN
cjfa-28098	1025	6	and	and	CCONJ
cjfa-28098	1025	7	corporate	corporate	ADJ
cjfa-28098	1025	8	reorganization	reorganization	NOUN
cjfa-28098	1025	9	.	.	PUNCT
cjfa-28098	1026	1	cambridge	cambridge	PROPN
cjfa-28098	1026	2	:	:	PUNCT
cjfa-28098	1026	3	harvard	harvard	PROPN
cjfa-28098	1026	4	university	university	PROPN
cjfa-28098	1026	5	press	press	NOUN
cjfa-28098	1026	6	.	.	PUNCT
cjfa-28098	1027	1	vafeas	vafea	NOUN
cjfa-28098	1027	2	,	,	PUNCT
cjfa-28098	1027	3	n.	n.	NOUN
cjfa-28098	1027	4	,	,	PUNCT
cjfa-28098	1027	5	&	&	CCONJ
cjfa-28098	1027	6	theodorou	theodorou	PROPN
cjfa-28098	1027	7	,	,	PUNCT
cjfa-28098	1027	8	e.	e.	PROPN
cjfa-28098	1027	9	(	(	PUNCT
cjfa-28098	1027	10	1998	1998	NUM
cjfa-28098	1027	11	)	)	PUNCT
cjfa-28098	1027	12	.	.	PUNCT
cjfa-28098	1028	1	the	the	DET
cjfa-28098	1028	2	relationship	relationship	NOUN
cjfa-28098	1028	3	between	between	ADP
cjfa-28098	1028	4	board	board	NOUN
cjfa-28098	1028	5	structure	structure	NOUN
cjfa-28098	1028	6	and	and	CCONJ
cjfa-28098	1028	7	firm	firm	ADJ
cjfa-28098	1028	8	performance	performance	NOUN
cjfa-28098	1028	9	in	in	ADP
cjfa-28098	1028	10	the	the	DET
cjfa-28098	1028	11	uk	uk	PROPN
cjfa-28098	1028	12	.	.	PUNCT
cjfa-28098	1029	1	the	the	DET
cjfa-28098	1029	2	british	british	PROPN
cjfa-28098	1029	3	accounting	accounting	PROPN
cjfa-28098	1029	4	review	review	PROPN
cjfa-28098	1029	5	,	,	PUNCT
cjfa-28098	1029	6	30	30	NUM
cjfa-28098	1029	7	,	,	PUNCT
cjfa-28098	1029	8	383–407	383–407	NUM
cjfa-28098	1029	9	.	.	PUNCT
cjfa-28098	1030	1	van	van	PROPN
cjfa-28098	1030	2	ees	ees	PROPN
cjfa-28098	1030	3	,	,	PUNCT
cjfa-28098	1030	4	h.	h.	PROPN
cjfa-28098	1030	5	,	,	PUNCT
cjfa-28098	1030	6	gabrielsson	gabrielsson	PROPN
cjfa-28098	1030	7	,	,	PUNCT
cjfa-28098	1030	8	j.	j.	PROPN
cjfa-28098	1030	9	,	,	PUNCT
cjfa-28098	1030	10	&	&	CCONJ
cjfa-28098	1030	11	huse	huse	NOUN
cjfa-28098	1030	12	,	,	PUNCT
cjfa-28098	1030	13	m.	m.	NOUN
cjfa-28098	1030	14	(	(	PUNCT
cjfa-28098	1030	15	2009	2009	NUM
cjfa-28098	1030	16	)	)	PUNCT
cjfa-28098	1030	17	.	.	PUNCT
cjfa-28098	1031	1	toward	toward	ADP
cjfa-28098	1031	2	a	a	DET
cjfa-28098	1031	3	behavioral	behavioral	ADJ
cjfa-28098	1031	4	theory	theory	NOUN
cjfa-28098	1031	5	of	of	ADP
cjfa-28098	1031	6	boards	board	NOUN
cjfa-28098	1031	7	and	and	CCONJ
cjfa-28098	1031	8	corporate	corporate	ADJ
cjfa-28098	1031	9	governance	governance	NOUN
cjfa-28098	1031	10	.	.	PUNCT
cjfa-28098	1032	1	corporate	corporate	ADJ
cjfa-28098	1032	2	governance	governance	NOUN
cjfa-28098	1032	3	:	:	PUNCT
cjfa-28098	1032	4	an	an	DET
cjfa-28098	1032	5	international	international	ADJ
cjfa-28098	1032	6	review	review	NOUN
cjfa-28098	1032	7	,	,	PUNCT
cjfa-28098	1032	8	17	17	NUM
cjfa-28098	1032	9	,	,	PUNCT
cjfa-28098	1032	10	307–319	307–319	NUM
cjfa-28098	1032	11	.	.	PUNCT
cjfa-28098	1033	1	http://dx.doi.org/10.1111/j.1467-8683.2009.00741.x	http://dx.doi.org/10.1111/j.1467-8683.2009.00741.x	NOUN
cjfa-28098	1033	2	.	.	PUNCT
cjfa-28098	1034	1	vinten	vinten	PROPN
cjfa-28098	1034	2	,	,	PUNCT
cjfa-28098	1034	3	g.	g.	PROPN
cjfa-28098	1034	4	(	(	PUNCT
cjfa-28098	1034	5	2001	2001	NUM
cjfa-28098	1034	6	)	)	PUNCT
cjfa-28098	1034	7	.	.	PUNCT
cjfa-28098	1035	1	shareholder	shareholder	NOUN
cjfa-28098	1035	2	versus	versus	ADP
cjfa-28098	1035	3	stakeholder	stakeholder	NOUN
cjfa-28098	1035	4	–	–	PUNCT
cjfa-28098	1035	5	is	be	AUX
cjfa-28098	1035	6	there	there	PRON
cjfa-28098	1035	7	a	a	DET
cjfa-28098	1035	8	governance	governance	NOUN
cjfa-28098	1035	9	dilemma	dilemma	NOUN
cjfa-28098	1035	10	?	?	PUNCT
cjfa-28098	1036	1	corporate	corporate	ADJ
cjfa-28098	1036	2	governance	governance	NOUN
cjfa-28098	1036	3	:	:	PUNCT
cjfa-28098	1036	4	an	an	DET
cjfa-28098	1036	5	international	international	ADJ
cjfa-28098	1036	6	review	review	NOUN
cjfa-28098	1036	7	,	,	PUNCT
cjfa-28098	1036	8	9	9	NUM
cjfa-28098	1036	9	,	,	PUNCT
cjfa-28098	1036	10	36–47	36–47	NUM
cjfa-28098	1036	11	.	.	PUNCT
cjfa-28098	1037	1	http://dx.doi.org/10.1111/14678683.00224	http://dx.doi.org/10.1111/14678683.00224	PROPN
cjfa-28098	1037	2	.	.	PUNCT
cjfa-28098	1038	1	vitols	vitol	NOUN
cjfa-28098	1038	2	,	,	PUNCT
cjfa-28098	1038	3	s.	s.	PROPN
cjfa-28098	1038	4	,	,	PUNCT
cjfa-28098	1038	5	hall	hall	PROPN
cjfa-28098	1038	6	,	,	PUNCT
cjfa-28098	1038	7	p.a	p.a	PROPN
cjfa-28098	1038	8	.	.	PROPN
cjfa-28098	1038	9	,	,	PUNCT
cjfa-28098	1038	10	&	&	CCONJ
cjfa-28098	1038	11	soskice	soskice	PROPN
cjfa-28098	1038	12	,	,	PUNCT
cjfa-28098	1038	13	d.w	d.w	PROPN
cjfa-28098	1038	14	.	.	PUNCT
cjfa-28098	1038	15	(	(	PUNCT
cjfa-28098	1038	16	2001	2001	NUM
cjfa-28098	1038	17	)	)	PUNCT
cjfa-28098	1038	18	.	.	PUNCT
cjfa-28098	1039	1	varieties	variety	NOUN
cjfa-28098	1039	2	of	of	ADP
cjfa-28098	1039	3	corporate	corporate	ADJ
cjfa-28098	1039	4	governance	governance	NOUN
cjfa-28098	1039	5	:	:	PUNCT
cjfa-28098	1039	6	comparing	compare	VERB
cjfa-28098	1039	7	germany	germany	PROPN
cjfa-28098	1039	8	and	and	CCONJ
cjfa-28098	1039	9	the	the	DET
cjfa-28098	1039	10	uk	uk	PROPN
cjfa-28098	1039	11	.	.	PROPN
cjfa-28098	1039	12	oxford	oxford	PROPN
cjfa-28098	1039	13	:	:	PUNCT
cjfa-28098	1039	14	oxford	oxford	PROPN
cjfa-28098	1039	15	university	university	PROPN
cjfa-28098	1039	16	press	press	NOUN
cjfa-28098	1039	17	.	.	PUNCT
cjfa-28098	1040	1	wang	wang	PROPN
cjfa-28098	1040	2	,	,	PUNCT
cjfa-28098	1040	3	j.	j.	PROPN
cjfa-28098	1040	4	,	,	PUNCT
cjfa-28098	1040	5	&	&	CCONJ
cjfa-28098	1040	6	coffey	coffey	PROPN
cjfa-28098	1040	7	,	,	PUNCT
cjfa-28098	1040	8	b.s	b.s	PROPN
cjfa-28098	1040	9	.	.	PROPN
cjfa-28098	1040	10	(	(	PUNCT
cjfa-28098	1040	11	1992	1992	NUM
cjfa-28098	1040	12	)	)	PUNCT
cjfa-28098	1040	13	.	.	PUNCT
cjfa-28098	1041	1	board	board	NOUN
cjfa-28098	1041	2	composition	composition	NOUN
cjfa-28098	1041	3	and	and	CCONJ
cjfa-28098	1041	4	corporate	corporate	ADJ
cjfa-28098	1041	5	philanthropy	philanthropy	NOUN
cjfa-28098	1041	6	.	.	PUNCT
cjfa-28098	1042	1	journal	journal	NOUN
cjfa-28098	1042	2	of	of	ADP
cjfa-28098	1042	3	business	business	NOUN
cjfa-28098	1042	4	ethics	ethic	NOUN
cjfa-28098	1042	5	,	,	PUNCT
cjfa-28098	1042	6	11	11	NUM
cjfa-28098	1042	7	,	,	PUNCT
cjfa-28098	1042	8	771–778	771–778	NUM
cjfa-28098	1042	9	.	.	PUNCT
cjfa-28098	1043	1	wang	wang	PROPN
cjfa-28098	1043	2	,	,	PUNCT
cjfa-28098	1043	3	j.	j.	PROPN
cjfa-28098	1043	4	&	&	CCONJ
cjfa-28098	1043	5	dewhirst	dewhirst	PROPN
cjfa-28098	1043	6	,	,	PUNCT
cjfa-28098	1043	7	h.d	h.d	PROPN
cjfa-28098	1043	8	.	.	PROPN
cjfa-28098	1043	9	(	(	PUNCT
cjfa-28098	1043	10	1992	1992	NUM
cjfa-28098	1043	11	)	)	PUNCT
cjfa-28098	1043	12	.	.	PUNCT
cjfa-28098	1044	1	boards	board	NOUN
cjfa-28098	1044	2	of	of	ADP
cjfa-28098	1044	3	directors	director	NOUN
cjfa-28098	1044	4	and	and	CCONJ
cjfa-28098	1044	5	stakeholder	stakeholder	NOUN
cjfa-28098	1044	6	orientation	orientation	NOUN
cjfa-28098	1044	7	.	.	PUNCT
cjfa-28098	1045	1	journal	journal	PROPN
cjfa-28098	1045	2	of	of	ADP
cjfa-28098	1045	3	business	business	NOUN
cjfa-28098	1045	4	ethics	ethic	NOUN
cjfa-28098	1045	5	,	,	PUNCT
cjfa-28098	1045	6	11	11	NUM
cjfa-28098	1045	7	,	,	PUNCT
cjfa-28098	1045	8	115–123	115–123	NUM
cjfa-28098	1045	9	.	.	PUNCT
cjfa-28098	1046	1	the	the	DET
cjfa-28098	1046	2	transformation	transformation	NOUN
cjfa-28098	1046	3	of	of	ADP
cjfa-28098	1046	4	the	the	DET
cjfa-28098	1046	5	corporate	corporate	ADJ
cjfa-28098	1046	6	governance	governance	NOUN
cjfa-28098	1046	7	model	model	NOUN
cjfa-28098	1046	8	…	…	PUNCT
cjfa-28098	1046	9	47	47	NUM
cjfa-28098	1046	10	weisbach	weisbach	NOUN
cjfa-28098	1046	11	,	,	PUNCT
cjfa-28098	1046	12	m.s	m.s	PROPN
cjfa-28098	1046	13	.	.	PROPN
cjfa-28098	1046	14	(	(	PUNCT
cjfa-28098	1046	15	1988	1988	NUM
cjfa-28098	1046	16	)	)	PUNCT
cjfa-28098	1046	17	.	.	PUNCT
cjfa-28098	1047	1	outside	outside	ADJ
cjfa-28098	1047	2	directors	director	NOUN
cjfa-28098	1047	3	and	and	CCONJ
cjfa-28098	1047	4	ceo	ceo	NOUN
cjfa-28098	1047	5	turnover	turnover	NOUN
cjfa-28098	1047	6	.	.	PUNCT
cjfa-28098	1048	1	journal	journal	NOUN
cjfa-28098	1048	2	of	of	ADP
cjfa-28098	1048	3	financial	financial	ADJ
cjfa-28098	1048	4	economics	economic	NOUN
cjfa-28098	1048	5	,	,	PUNCT
cjfa-28098	1048	6	20	20	NUM
cjfa-28098	1048	7	,	,	PUNCT
cjfa-28098	1048	8	431–460	431–460	NUM
cjfa-28098	1048	9	.	.	PUNCT
cjfa-28098	1049	1	williamson	williamson	PROPN
cjfa-28098	1049	2	,	,	PUNCT
cjfa-28098	1049	3	o.e	o.e	PROPN
cjfa-28098	1049	4	.	.	PUNCT
cjfa-28098	1049	5	(	(	PUNCT
cjfa-28098	1049	6	1970	1970	NUM
cjfa-28098	1049	7	)	)	PUNCT
cjfa-28098	1049	8	.	.	PUNCT
cjfa-28098	1050	1	corporate	corporate	ADJ
cjfa-28098	1050	2	control	control	NOUN
cjfa-28098	1050	3	and	and	CCONJ
cjfa-28098	1050	4	business	business	NOUN
cjfa-28098	1050	5	behavior	behavior	NOUN
cjfa-28098	1050	6	.	.	PUNCT
cjfa-28098	1051	1	upper	upper	ADJ
cjfa-28098	1051	2	saddle	saddle	PROPN
cjfa-28098	1051	3	river	river	NOUN
cjfa-28098	1051	4	:	:	PUNCT
cjfa-28098	1051	5	prentice	prentice	NOUN
cjfa-28098	1051	6	-	-	PUNCT
cjfa-28098	1051	7	hall	hall	NOUN
cjfa-28098	1051	8	.	.	PUNCT
cjfa-28098	1052	1	williamson	williamson	PROPN
cjfa-28098	1052	2	,	,	PUNCT
cjfa-28098	1052	3	o.e	o.e	PROPN
cjfa-28098	1052	4	.	.	PROPN
cjfa-28098	1052	5	,	,	PUNCT
cjfa-28098	1052	6	aoki	aoki	PROPN
cjfa-28098	1052	7	,	,	PUNCT
cjfa-28098	1052	8	m.	m.	NOUN
cjfa-28098	1052	9	,	,	PUNCT
cjfa-28098	1052	10	&	&	CCONJ
cjfa-28098	1052	11	gustafsson	gustafsson	PROPN
cjfa-28098	1052	12	,	,	PUNCT
cjfa-28098	1052	13	b.	b.	PROPN
cjfa-28098	1052	14	(	(	PUNCT
cjfa-28098	1052	15	1990	1990	NUM
cjfa-28098	1052	16	)	)	PUNCT
cjfa-28098	1052	17	.	.	PUNCT
cjfa-28098	1053	1	the	the	DET
cjfa-28098	1053	2	firm	firm	NOUN
cjfa-28098	1053	3	as	as	ADP
cjfa-28098	1053	4	a	a	DET
cjfa-28098	1053	5	nexus	nexus	NOUN
cjfa-28098	1053	6	of	of	ADP
cjfa-28098	1053	7	treaties	treaty	NOUN
cjfa-28098	1053	8	,	,	PUNCT
cjfa-28098	1053	9	sage	sage	NOUN
cjfa-28098	1053	10	london	london	PROPN
cjfa-28098	1053	11	.	.	PUNCT
cjfa-28098	1054	1	wolmar	wolmar	PROPN
cjfa-28098	1054	2	,	,	PUNCT
cjfa-28098	1054	3	c.	c.	PROPN
cjfa-28098	1054	4	(	(	PUNCT
cjfa-28098	1054	5	2001	2001	NUM
cjfa-28098	1054	6	)	)	PUNCT
cjfa-28098	1054	7	.	.	PUNCT
cjfa-28098	1055	1	broken	break	VERB
cjfa-28098	1055	2	rails	rail	NOUN
cjfa-28098	1055	3	:	:	PUNCT
cjfa-28098	1055	4	how	how	SCONJ
cjfa-28098	1055	5	privatisation	privatisation	NOUN
cjfa-28098	1055	6	wrecked	wreck	VERB
cjfa-28098	1055	7	britain	britain	PROPN
cjfa-28098	1055	8	’s	’s	PART
cjfa-28098	1055	9	railways	railway	NOUN
cjfa-28098	1055	10	.	.	PUNCT
cjfa-28098	1056	1	london	london	PROPN
cjfa-28098	1056	2	:	:	PUNCT
cjfa-28098	1056	3	aurum	aurum	PROPN
cjfa-28098	1056	4	press	press	PROPN
cjfa-28098	1056	5	.	.	PUNCT
cjfa-28098	1057	1	yermack	yermack	PROPN
cjfa-28098	1057	2	,	,	PUNCT
cjfa-28098	1057	3	d.	d.	PROPN
cjfa-28098	1057	4	(	(	PUNCT
cjfa-28098	1057	5	1995	1995	NUM
cjfa-28098	1057	6	)	)	PUNCT
cjfa-28098	1057	7	.	.	PUNCT
cjfa-28098	1058	1	do	do	VERB
cjfa-28098	1058	2	corporations	corporation	NOUN
cjfa-28098	1058	3	award	award	PROPN
cjfa-28098	1058	4	ceo	ceo	NOUN
cjfa-28098	1058	5	stock	stock	NOUN
cjfa-28098	1058	6	options	option	NOUN
cjfa-28098	1058	7	effectively	effectively	ADV
cjfa-28098	1058	8	?	?	PUNCT
cjfa-28098	1059	1	journal	journal	NOUN
cjfa-28098	1059	2	of	of	ADP
cjfa-28098	1059	3	financial	financial	ADJ
cjfa-28098	1059	4	economics	economic	NOUN
cjfa-28098	1059	5	,	,	PUNCT
cjfa-28098	1059	6	39	39	NUM
cjfa-28098	1059	7	,	,	PUNCT
cjfa-28098	1059	8	237–269	237–269	NUM
cjfa-28098	1059	9	.	.	PUNCT
cjfa-28098	1060	1	yoshikawa	yoshikawa	PROPN
cjfa-28098	1060	2	,	,	PUNCT
cjfa-28098	1060	3	t.	t.	PROPN
cjfa-28098	1060	4	&	&	CCONJ
cjfa-28098	1060	5	mcguire	mcguire	PROPN
cjfa-28098	1060	6	,	,	PUNCT
cjfa-28098	1060	7	j.	j.	PROPN
cjfa-28098	1060	8	(	(	PUNCT
cjfa-28098	1060	9	2008	2008	NUM
cjfa-28098	1060	10	)	)	PUNCT
cjfa-28098	1060	11	.	.	PUNCT
cjfa-28098	1061	1	change	change	NOUN
cjfa-28098	1061	2	and	and	CCONJ
cjfa-28098	1061	3	continuity	continuity	NOUN
cjfa-28098	1061	4	in	in	ADP
cjfa-28098	1061	5	japanese	japanese	ADJ
cjfa-28098	1061	6	corporate	corporate	ADJ
cjfa-28098	1061	7	governance	governance	NOUN
cjfa-28098	1061	8	.	.	PUNCT
cjfa-28098	1062	1	asia	asia	PROPN
cjfa-28098	1062	2	pacific	pacific	PROPN
cjfa-28098	1062	3	journal	journal	PROPN
cjfa-28098	1062	4	of	of	ADP
cjfa-28098	1062	5	management	management	NOUN
cjfa-28098	1062	6	,	,	PUNCT
cjfa-28098	1062	7	25	25	NUM
cjfa-28098	1062	8	,	,	PUNCT
cjfa-28098	1062	9	5–24	5–24	PROPN
cjfa-28098	1062	10	.	.	PUNCT
cjfa-28098	1063	1	http://dx.doi.org/10.1007/	http://dx.doi.org/10.1007/	NOUN
cjfa-28098	1063	2	s10490	s10490	NOUN
cjfa-28098	1063	3	-	-	PUNCT
cjfa-28098	1063	4	007	007	NUM
cjfa-28098	1063	5	-	-	PUNCT
cjfa-28098	1063	6	9064	9064	NUM
cjfa-28098	1063	7	-	-	SYM
cjfa-28098	1063	8	1	1	NUM
cjfa-28098	1063	9	.	.	PUNCT
cjfa-28098	1064	1	yoshikawa	yoshikawa	PROPN
cjfa-28098	1064	2	,	,	PUNCT
cjfa-28098	1064	3	t.	t.	PROPN
cjfa-28098	1064	4	,	,	PUNCT
cjfa-28098	1064	5	&	&	CCONJ
cjfa-28098	1064	6	phan	phan	PROPN
cjfa-28098	1064	7	,	,	PUNCT
cjfa-28098	1064	8	p.h	p.h	PROPN
cjfa-28098	1064	9	.	.	PROPN
cjfa-28098	1064	10	(	(	PUNCT
cjfa-28098	1064	11	2001	2001	NUM
cjfa-28098	1064	12	)	)	PUNCT
cjfa-28098	1064	13	.	.	PUNCT
cjfa-28098	1065	1	alternative	alternative	ADJ
cjfa-28098	1065	2	corporate	corporate	ADJ
cjfa-28098	1065	3	governance	governance	NOUN
cjfa-28098	1065	4	systems	system	NOUN
cjfa-28098	1065	5	in	in	ADP
cjfa-28098	1065	6	japanese	japanese	ADJ
cjfa-28098	1065	7	firms	firm	NOUN
cjfa-28098	1065	8	:	:	PUNCT
cjfa-28098	1065	9	implications	implication	NOUN
cjfa-28098	1065	10	for	for	ADP
cjfa-28098	1065	11	a	a	DET
cjfa-28098	1065	12	shift	shift	NOUN
cjfa-28098	1065	13	to	to	ADP
cjfa-28098	1065	14	stockholder	stockholder	NOUN
cjfa-28098	1065	15	-	-	PUNCT
cjfa-28098	1065	16	centered	center	VERB
cjfa-28098	1065	17	corporate	corporate	ADJ
cjfa-28098	1065	18	governance	governance	NOUN
cjfa-28098	1065	19	.	.	PUNCT
cjfa-28098	1066	1	asia	asia	PROPN
cjfa-28098	1066	2	pacific	pacific	PROPN
cjfa-28098	1066	3	journal	journal	PROPN
cjfa-28098	1066	4	of	of	ADP
cjfa-28098	1066	5	management	management	NOUN
cjfa-28098	1066	6	,	,	PUNCT
cjfa-28098	1066	7	18	18	NUM
cjfa-28098	1066	8	,	,	PUNCT
cjfa-28098	1066	9	183–205	183–205	NUM
cjfa-28098	1066	10	.	.	PUNCT
cjfa-28098	1067	1	http://dx.doi.org/10.1023/a:1010663807192	http://dx.doi.org/10.1023/a:1010663807192	PROPN
cjfa-28098	1067	2	.	.	PUNCT
cjfa-28098	1068	1	yu	yu	PROPN
cjfa-28098	1068	2	,	,	PUNCT
cjfa-28098	1068	3	f.f	f.f	PROPN
cjfa-28098	1068	4	.	.	PROPN
cjfa-28098	1068	5	(	(	PUNCT
cjfa-28098	1068	6	2008	2008	NUM
cjfa-28098	1068	7	)	)	PUNCT
cjfa-28098	1068	8	.	.	PUNCT
cjfa-28098	1069	1	analyst	analyst	NOUN
cjfa-28098	1069	2	coverage	coverage	NOUN
cjfa-28098	1069	3	and	and	CCONJ
cjfa-28098	1069	4	earnings	earning	NOUN
cjfa-28098	1069	5	management	management	NOUN
cjfa-28098	1069	6	.	.	PUNCT
cjfa-28098	1070	1	journal	journal	NOUN
cjfa-28098	1070	2	of	of	ADP
cjfa-28098	1070	3	financial	financial	ADJ
cjfa-28098	1070	4	economics	economic	NOUN
cjfa-28098	1070	5	,	,	PUNCT
cjfa-28098	1070	6	88	88	NUM
cjfa-28098	1070	7	,	,	PUNCT
cjfa-28098	1070	8	245–271	245–271	NUM
cjfa-28098	1070	9	.	.	PUNCT
cjfa-28098	1071	1	http://dx.doi.org/10.1016/j.jfineco.2007.05.008	http://dx.doi.org/10.1016/j.jfineco.2007.05.008	PROPN
cjfa-28098	1071	2	.	.	PUNCT
cjfa-28098	1072	1	yu	yu	PROPN
cjfa-28098	1072	2	,	,	PUNCT
cjfa-28098	1072	3	m.	m.	NOUN
cjfa-28098	1072	4	(	(	PUNCT
cjfa-28098	1072	5	2011	2011	NUM
cjfa-28098	1072	6	)	)	PUNCT
cjfa-28098	1072	7	.	.	PUNCT
cjfa-28098	1073	1	analyst	analyst	NOUN
cjfa-28098	1073	2	recommendations	recommendation	NOUN
cjfa-28098	1073	3	and	and	CCONJ
cjfa-28098	1073	4	corporate	corporate	ADJ
cjfa-28098	1073	5	governance	governance	NOUN
cjfa-28098	1073	6	in	in	ADP
cjfa-28098	1073	7	emerging	emerge	VERB
cjfa-28098	1073	8	markets	market	NOUN
cjfa-28098	1073	9	.	.	PUNCT
cjfa-28098	1074	1	international	international	ADJ
cjfa-28098	1074	2	journal	journal	PROPN
cjfa-28098	1074	3	of	of	ADP
cjfa-28098	1074	4	accounting	accounting	PROPN
cjfa-28098	1074	5	&	&	CCONJ
cjfa-28098	1074	6	information	information	PROPN
cjfa-28098	1074	7	management	management	NOUN
cjfa-28098	1074	8	,	,	PUNCT
cjfa-28098	1074	9	19	19	NUM
cjfa-28098	1074	10	,	,	PUNCT
cjfa-28098	1074	11	34–52	34–52	NUM
cjfa-28098	1074	12	.	.	PUNCT
cjfa-28098	1074	13	http://dx.doi.org/10.1108/18347641111105926	http://dx.doi.org/10.1108/18347641111105926	PROPN
cjfa-28098	1074	14	.	.	PUNCT
cjfa-28098	1075	1	zingales	zingales	PROPN
cjfa-28098	1075	2	,	,	PUNCT
cjfa-28098	1075	3	l.	l.	PROPN
cjfa-28098	1075	4	(	(	PUNCT
cjfa-28098	1075	5	2000	2000	NUM
cjfa-28098	1075	6	)	)	PUNCT
cjfa-28098	1075	7	.	.	PUNCT
cjfa-28098	1076	1	in	in	ADP
cjfa-28098	1076	2	search	search	NOUN
cjfa-28098	1076	3	of	of	ADP
cjfa-28098	1076	4	new	new	ADJ
cjfa-28098	1076	5	foundations	foundation	NOUN
cjfa-28098	1076	6	.	.	PUNCT
cjfa-28098	1077	1	the	the	DET
cjfa-28098	1077	2	journal	journal	PROPN
cjfa-28098	1077	3	of	of	ADP
cjfa-28098	1077	4	finance	finance	NOUN
cjfa-28098	1077	5	,	,	PUNCT
cjfa-28098	1077	6	55	55	NUM
cjfa-28098	1077	7	,	,	PUNCT
cjfa-28098	1077	8	1623–1653	1623–1653	NUM
cjfa-28098	1077	9	.	.	PUNCT
cjfa-28098	1078	1	http://dx.doi.org/10.1111/0022-1082.00262	http://dx.doi.org/10.1111/0022-1082.00262	NOUN
cjfa-28098	1078	2	.	.	PUNCT