id	sid	tid	token	lemma	pos
cjfa-56744	1	1	8989copernican	8989copernican	ADJ
cjfa-56744	1	2	journal	journal	NOUN
cjfa-56744	1	3	of	of	ADP
cjfa-56744	1	4	finance	finance	PROPN
cjfa-56744	1	5	&	&	CCONJ
cjfa-56744	1	6	accounting	accounting	PROPN
cjfa-56744	1	7	e	e	PROPN
cjfa-56744	1	8	-	-	PROPN
cjfa-56744	1	9	issn	issn	PROPN
cjfa-56744	1	10	2300	2300	NUM
cjfa-56744	1	11	-	-	SYM
cjfa-56744	1	12	3065	3065	NUM
cjfa-56744	1	13	p	p	PROPN
cjfa-56744	1	14	-	-	PUNCT
cjfa-56744	1	15	issn	issn	PROPN
cjfa-56744	1	16	2300	2300	NUM
cjfa-56744	1	17	-	-	SYM
cjfa-56744	1	18	12402024	12402024	NUM
cjfa-56744	1	19	,	,	PUNCT
cjfa-56744	1	20	volume	volume	NOUN
cjfa-56744	1	21	13	13	NUM
cjfa-56744	1	22	,	,	PUNCT
cjfa-56744	1	23	issue	issue	NOUN
cjfa-56744	1	24	2	2	NUM
cjfa-56744	1	25	date	date	NOUN
cjfa-56744	1	26	of	of	ADP
cjfa-56744	1	27	submission	submission	NOUN
cjfa-56744	1	28	:	:	PUNCT
cjfa-56744	1	29	january	january	PROPN
cjfa-56744	1	30	23	23	NUM
cjfa-56744	1	31	,	,	PUNCT
cjfa-56744	1	32	2024	2024	NUM
cjfa-56744	1	33	;	;	PUNCT
cjfa-56744	1	34	date	date	NOUN
cjfa-56744	1	35	of	of	ADP
cjfa-56744	1	36	acceptance	acceptance	NOUN
cjfa-56744	1	37	:	:	PUNCT
cjfa-56744	1	38	june	june	PROPN
cjfa-56744	1	39	3	3	NUM
cjfa-56744	1	40	,	,	PUNCT
cjfa-56744	1	41	2024	2024	NUM
cjfa-56744	1	42	.	.	PUNCT
cjfa-56744	2	1	*	*	PUNCT
cjfa-56744	2	2	contact	contact	NOUN
cjfa-56744	2	3	information	information	NOUN
cjfa-56744	2	4	:	:	PUNCT
cjfa-56744	2	5	srikanthyadav444p@gmail.com	srikanthyadav444p@gmail.com	NUM
cjfa-56744	2	6	,	,	PUNCT
cjfa-56744	2	7	department	department	NOUN
cjfa-56744	2	8	of	of	ADP
cjfa-56744	2	9	finance	finance	NOUN
cjfa-56744	2	10	and	and	CCONJ
cjfa-56744	2	11	accounting	accounting	NOUN
cjfa-56744	2	12	,	,	PUNCT
cjfa-56744	2	13	icfai	icfai	NUM
cjfa-56744	2	14	business	business	NOUN
cjfa-56744	2	15	school	school	NOUN
cjfa-56744	2	16	(	(	PUNCT
cjfa-56744	2	17	ibs	ibs	PROPN
cjfa-56744	2	18	)	)	PUNCT
cjfa-56744	2	19	,	,	PUNCT
cjfa-56744	2	20	a	a	DET
cjfa-56744	2	21	constituent	constituent	NOUN
cjfa-56744	2	22	of	of	ADP
cjfa-56744	2	23	ifhe	ifhe	NOUN
cjfa-56744	2	24	,	,	PUNCT
cjfa-56744	2	25	deemed	deem	VERB
cjfa-56744	2	26	to	to	PART
cjfa-56744	2	27	be	be	AUX
cjfa-56744	2	28	university	university	NOUN
cjfa-56744	2	29	,	,	PUNCT
cjfa-56744	2	30	hyderabad	hyderabad	PROPN
cjfa-56744	2	31	,	,	PUNCT
cjfa-56744	2	32	pin	pin	NOUN
cjfa-56744	2	33	501203	501203	NUM
cjfa-56744	2	34	,	,	PUNCT
cjfa-56744	2	35	india	india	PROPN
cjfa-56744	2	36	,	,	PUNCT
cjfa-56744	2	37	phone	phone	NOUN
cjfa-56744	2	38	:	:	PUNCT
cjfa-56744	2	39	+91	+91	PROPN
cjfa-56744	2	40	-	-	PUNCT
cjfa-56744	2	41	9703664124	9703664124	NUM
cjfa-56744	2	42	;	;	PUNCT
cjfa-56744	2	43	orcid	orcid	PROPN
cjfa-56744	3	1	i	i	NOUN
cjfa-56744	3	2	d	d	NOUN
cjfa-56744	3	3	:	:	PUNCT
cjfa-56744	3	4	https://orcid	https://orcid	PROPN
cjfa-56744	3	5	.	.	PUNCT
cjfa-56744	3	6	org/0000	org/0000	NOUN
cjfa-56744	3	7	-	-	PUNCT
cjfa-56744	3	8	0003	0003	NUM
cjfa-56744	3	9	-	-	PUNCT
cjfa-56744	3	10	3176	3176	NUM
cjfa-56744	3	11	-	-	SYM
cjfa-56744	3	12	9675	9675	NUM
cjfa-56744	3	13	.	.	PUNCT
cjfa-56744	4	1	potharla	potharla	PROPN
cjfa-56744	4	2	,	,	PUNCT
cjfa-56744	4	3	s.	s.	PROPN
cjfa-56744	4	4	(	(	PUNCT
cjfa-56744	4	5	2024	2024	NUM
cjfa-56744	4	6	)	)	PUNCT
cjfa-56744	4	7	.	.	PUNCT
cjfa-56744	5	1	does	do	AUX
cjfa-56744	5	2	blockholders	blockholder	NOUN
cjfa-56744	5	3	’	’	PART
cjfa-56744	5	4	concentration	concentration	NOUN
cjfa-56744	5	5	influence	influence	NOUN
cjfa-56744	5	6	spending	spending	NOUN
cjfa-56744	5	7	on	on	ADP
cjfa-56744	5	8	corporate	corporate	ADJ
cjfa-56744	5	9	social	social	ADJ
cjfa-56744	5	10	responsibility	responsibility	NOUN
cjfa-56744	5	11	?	?	PUNCT
cjfa-56744	6	1	evidence	evidence	NOUN
cjfa-56744	6	2	from	from	ADP
cjfa-56744	6	3	the	the	DET
cjfa-56744	6	4	indian	indian	ADJ
cjfa-56744	6	5	firms	firm	NOUN
cjfa-56744	6	6	.	.	PUNCT
cjfa-56744	7	1	copernican	copernican	PROPN
cjfa-56744	7	2	journal	journal	PROPN
cjfa-56744	7	3	of	of	ADP
cjfa-56744	7	4	finance	finance	PROPN
cjfa-56744	7	5	&	&	CCONJ
cjfa-56744	7	6	accounting	accounting	PROPN
cjfa-56744	7	7	,	,	PUNCT
cjfa-56744	7	8	13(2	13(2	PROPN
cjfa-56744	7	9	)	)	PUNCT
cjfa-56744	7	10	,	,	PUNCT
cjfa-56744	7	11	89–108	89–108	NUM
cjfa-56744	7	12	.	.	PUNCT
cjfa-56744	8	1	http://dx.doi.org/10.12775/cjfa.2024.009	http://dx.doi.org/10.12775/cjfa.2024.009	X
cjfa-56744	8	2	srikanth	srikanth	PROPN
cjfa-56744	8	3	potharla	potharla	PROPN
cjfa-56744	8	4	*	*	PUNCT
cjfa-56744	8	5	icfai	icfai	NOUN
cjfa-56744	8	6	business	business	NOUN
cjfa-56744	8	7	school	school	NOUN
cjfa-56744	8	8	does	do	AUX
cjfa-56744	8	9	blockholders	blockholder	NOUN
cjfa-56744	8	10	’	’	PART
cjfa-56744	8	11	concentration	concentration	NOUN
cjfa-56744	8	12	influence	influence	NOUN
cjfa-56744	8	13	spending	spending	NOUN
cjfa-56744	8	14	on	on	ADP
cjfa-56744	8	15	corporate	corporate	ADJ
cjfa-56744	8	16	social	social	ADJ
cjfa-56744	8	17	responsibility	responsibility	NOUN
cjfa-56744	8	18	?	?	PUNCT
cjfa-56744	9	1	–	–	PUNCT
cjfa-56744	9	2	evidence	evidence	NOUN
cjfa-56744	9	3	from	from	ADP
cjfa-56744	9	4	the	the	DET
cjfa-56744	9	5	indian	indian	ADJ
cjfa-56744	9	6	firms	firm	NOUN
cjfa-56744	9	7	keywords	keyword	NOUN
cjfa-56744	9	8	:	:	PUNCT
cjfa-56744	9	9	blockholder	blockholder	NOUN
cjfa-56744	9	10	concentration	concentration	NOUN
cjfa-56744	9	11	,	,	PUNCT
cjfa-56744	9	12	csr	csr	NOUN
cjfa-56744	9	13	spending	spending	NOUN
cjfa-56744	9	14	,	,	PUNCT
cjfa-56744	9	15	stakeholder	stakeholder	NOUN
cjfa-56744	9	16	salience	salience	NOUN
cjfa-56744	9	17	,	,	PUNCT
cjfa-56744	9	18	group	group	NOUN
cjfa-56744	9	19	firms	firm	NOUN
cjfa-56744	9	20	.	.	PUNCT
cjfa-56744	10	1	j	j	PROPN
cjfa-56744	10	2	e	e	PROPN
cjfa-56744	10	3	l	l	PROPN
cjfa-56744	10	4	classification	classification	NOUN
cjfa-56744	10	5	:	:	PUNCT
cjfa-56744	10	6	g23	g23	PROPN
cjfa-56744	10	7	,	,	PUNCT
cjfa-56744	10	8	m14	m14	NOUN
cjfa-56744	10	9	,	,	PUNCT
cjfa-56744	10	10	o16	o16	X
cjfa-56744	10	11	.	.	PUNCT
cjfa-56744	11	1	abstract	abstract	ADJ
cjfa-56744	11	2	:	:	PUNCT
cjfa-56744	11	3	this	this	DET
cjfa-56744	11	4	study	study	NOUN
cjfa-56744	11	5	investigates	investigate	VERB
cjfa-56744	11	6	the	the	DET
cjfa-56744	11	7	relationship	relationship	NOUN
cjfa-56744	11	8	between	between	ADP
cjfa-56744	11	9	blockholder	blockholder	NOUN
cjfa-56744	11	10	concentration	concentration	NOUN
cjfa-56744	11	11	and	and	CCONJ
cjfa-56744	11	12	corporate	corporate	ADJ
cjfa-56744	11	13	social	social	ADJ
cjfa-56744	11	14	responsibility	responsibility	NOUN
cjfa-56744	11	15	(	(	PUNCT
cjfa-56744	11	16	csr	csr	NOUN
cjfa-56744	11	17	)	)	PUNCT
cjfa-56744	11	18	spending	spending	NOUN
cjfa-56744	11	19	in	in	ADP
cjfa-56744	11	20	indian	indian	ADJ
cjfa-56744	11	21	firms	firm	NOUN
cjfa-56744	11	22	,	,	PUNCT
cjfa-56744	11	23	using	use	VERB
cjfa-56744	11	24	stakeholder	stakeholder	NOUN
cjfa-56744	11	25	identification	identification	NOUN
cjfa-56744	11	26	and	and	CCONJ
cjfa-56744	11	27	salience	salience	NOUN
cjfa-56744	11	28	theory	theory	NOUN
cjfa-56744	11	29	.	.	PUNCT
cjfa-56744	12	1	this	this	DET
cjfa-56744	12	2	study	study	NOUN
cjfa-56744	12	3	aims	aim	VERB
cjfa-56744	12	4	to	to	PART
cjfa-56744	12	5	fill	fill	VERB
cjfa-56744	12	6	a	a	DET
cjfa-56744	12	7	gap	gap	NOUN
cjfa-56744	12	8	in	in	ADP
cjfa-56744	12	9	the	the	DET
cjfa-56744	12	10	literature	literature	NOUN
cjfa-56744	12	11	by	by	ADP
cjfa-56744	12	12	examining	examine	VERB
cjfa-56744	12	13	how	how	SCONJ
cjfa-56744	12	14	the	the	DET
cjfa-56744	12	15	concentration	concentration	NOUN
cjfa-56744	12	16	of	of	ADP
cjfa-56744	12	17	blockholders	blockholder	NOUN
cjfa-56744	12	18	,	,	PUNCT
cjfa-56744	12	19	particularly	particularly	ADV
cjfa-56744	12	20	external	external	ADJ
cjfa-56744	12	21	blockholders	blockholder	NOUN
cjfa-56744	12	22	and	and	CCONJ
cjfa-56744	12	23	promoters	promoter	NOUN
cjfa-56744	12	24	,	,	PUNCT
cjfa-56744	12	25	influences	influence	VERB
cjfa-56744	12	26	csr	csr	NOUN
cjfa-56744	12	27	activities	activity	NOUN
cjfa-56744	12	28	.	.	PUNCT
cjfa-56744	13	1	the	the	DET
cjfa-56744	13	2	analysis	analysis	NOUN
cjfa-56744	13	3	covers	cover	VERB
cjfa-56744	13	4	1,918	1,918	NUM
cjfa-56744	13	5	firms	firm	NOUN
cjfa-56744	13	6	from	from	ADP
cjfa-56744	13	7	2014	2014	NUM
cjfa-56744	13	8	to	to	ADP
cjfa-56744	13	9	2023	2023	NUM
cjfa-56744	13	10	,	,	PUNCT
cjfa-56744	13	11	using	use	VERB
cjfa-56744	13	12	data	datum	NOUN
cjfa-56744	13	13	from	from	ADP
cjfa-56744	13	14	the	the	DET
cjfa-56744	13	15	centre	centre	NOUN
cjfa-56744	13	16	for	for	ADP
cjfa-56744	13	17	monitoring	monitor	VERB
cjfa-56744	13	18	indian	indian	ADJ
cjfa-56744	13	19	economy	economy	NOUN
cjfa-56744	13	20	(	(	PUNCT
cjfa-56744	13	21	cmie	cmie	PROPN
cjfa-56744	13	22	)	)	PUNCT
cjfa-56744	13	23	database	database	NOUN
cjfa-56744	13	24	.	.	PUNCT
cjfa-56744	14	1	empirical	empirical	ADJ
cjfa-56744	14	2	methods	method	NOUN
cjfa-56744	14	3	,	,	PUNCT
cjfa-56744	14	4	including	include	VERB
cjfa-56744	14	5	four	four	NUM
cjfa-56744	14	6	regression	regression	NOUN
cjfa-56744	14	7	models	model	NOUN
cjfa-56744	14	8	,	,	PUNCT
cjfa-56744	14	9	are	be	AUX
cjfa-56744	14	10	employed	employ	VERB
cjfa-56744	14	11	to	to	PART
cjfa-56744	14	12	examine	examine	VERB
cjfa-56744	14	13	the	the	DET
cjfa-56744	14	14	significance	significance	NOUN
cjfa-56744	14	15	of	of	ADP
cjfa-56744	14	16	blockholder	blockholder	NOUN
cjfa-56744	14	17	attributes	attribute	NOUN
cjfa-56744	14	18	on	on	ADP
cjfa-56744	14	19	csr	csr	NOUN
cjfa-56744	14	20	spending	spending	NOUN
cjfa-56744	14	21	.	.	PUNCT
cjfa-56744	15	1	the	the	DET
cjfa-56744	15	2	results	result	NOUN
cjfa-56744	15	3	demonstrate	demonstrate	VERB
cjfa-56744	15	4	the	the	DET
cjfa-56744	15	5	significant	significant	ADJ
cjfa-56744	15	6	positive	positive	ADJ
cjfa-56744	15	7	impact	impact	NOUN
cjfa-56744	15	8	of	of	ADP
cjfa-56744	15	9	blockholder	blockholder	NOUN
cjfa-56744	15	10	concentration	concentration	NOUN
cjfa-56744	15	11	on	on	ADP
cjfa-56744	15	12	csr	csr	NOUN
cjfa-56744	15	13	activities	activity	NOUN
cjfa-56744	15	14	.	.	PUNCT
cjfa-56744	16	1	specifically	specifically	ADV
cjfa-56744	16	2	,	,	PUNCT
cjfa-56744	16	3	the	the	DET
cjfa-56744	16	4	influence	influence	NOUN
cjfa-56744	16	5	of	of	ADP
cjfa-56744	16	6	external	external	ADJ
cjfa-56744	16	7	blockholders	blockholder	NOUN
cjfa-56744	16	8	on	on	ADP
cjfa-56744	16	9	csr	csr	NOUN
cjfa-56744	16	10	spending	spending	NOUN
cjfa-56744	16	11	is	be	AUX
cjfa-56744	16	12	greater	great	ADJ
cjfa-56744	16	13	than	than	ADP
cjfa-56744	16	14	that	that	PRON
cjfa-56744	16	15	of	of	ADP
cjfa-56744	16	16	promoters	promoter	NOUN
cjfa-56744	16	17	.	.	PUNCT
cjfa-56744	17	1	furthermore	furthermore	ADV
cjfa-56744	17	2	,	,	PUNCT
cjfa-56744	17	3	the	the	DET
cjfa-56744	17	4	study	study	NOUN
cjfa-56744	17	5	finds	find	VERB
cjfa-56744	17	6	that	that	SCONJ
cjfa-56744	17	7	single	single	ADJ
cjfa-56744	17	8	promoters	promoter	NOUN
cjfa-56744	17	9	with	with	ADP
cjfa-56744	17	10	large	large	ADJ
cjfa-56744	17	11	investments	investment	NOUN
cjfa-56744	17	12	are	be	AUX
cjfa-56744	17	13	more	more	ADV
cjfa-56744	17	14	inclined	inclined	ADJ
cjfa-56744	17	15	towards	towards	ADP
cjfa-56744	17	16	csr	csr	NOUN
cjfa-56744	17	17	spending	spending	NOUN
cjfa-56744	17	18	,	,	PUNCT
cjfa-56744	17	19	while	while	SCONJ
cjfa-56744	17	20	interest	interest	NOUN
cjfa-56744	17	21	in	in	ADP
cjfa-56744	17	22	csr	csr	NOUN
cjfa-56744	17	23	diminishes	diminish	VERB
cjfa-56744	17	24	when	when	SCONJ
cjfa-56744	17	25	multiple	multiple	ADJ
cjfa-56744	17	26	promoters	promoter	NOUN
cjfa-56744	17	27	hold	hold	VERB
cjfa-56744	17	28	significant	significant	ADJ
cjfa-56744	17	29	shares	share	NOUN
cjfa-56744	17	30	.	.	PUNCT
cjfa-56744	18	1	this	this	DET
cjfa-56744	18	2	study	study	NOUN
cjfa-56744	18	3	uniquely	uniquely	ADV
cjfa-56744	18	4	contributes	contribute	VERB
cjfa-56744	18	5	to	to	ADP
cjfa-56744	18	6	the	the	DET
cjfa-56744	18	7	literature	literature	NOUN
cjfa-56744	18	8	by	by	ADP
cjfa-56744	18	9	providing	provide	VERB
cjfa-56744	18	10	an	an	DET
cjfa-56744	18	11	insightful	insightful	ADJ
cjfa-56744	18	12	analysis	analysis	NOUN
cjfa-56744	18	13	of	of	ADP
cjfa-56744	18	14	blockholder	blockholder	NOUN
cjfa-56744	18	15	concentration	concentration	NOUN
cjfa-56744	18	16	’s	’s	PART
cjfa-56744	18	17	impact	impact	NOUN
cjfa-56744	18	18	on	on	ADP
cjfa-56744	18	19	csr	csr	NOUN
cjfa-56744	18	20	,	,	PUNCT
cjfa-56744	18	21	highlighting	highlight	VERB
cjfa-56744	18	22	http://dx.doi.org/10.12775/cjfa.2024.009	http://dx.doi.org/10.12775/cjfa.2024.009	X
cjfa-56744	18	23	srikanth	srikanth	PROPN
cjfa-56744	18	24	potharla9090	potharla9090	PROPN
cjfa-56744	18	25	the	the	DET
cjfa-56744	18	26	differential	differential	ADJ
cjfa-56744	18	27	effects	effect	NOUN
cjfa-56744	18	28	between	between	ADP
cjfa-56744	18	29	external	external	ADJ
cjfa-56744	18	30	blockholders	blockholder	NOUN
cjfa-56744	18	31	and	and	CCONJ
cjfa-56744	18	32	promoters	promoter	NOUN
cjfa-56744	18	33	,	,	PUNCT
cjfa-56744	18	34	and	and	CCONJ
cjfa-56744	18	35	underscoring	underscore	VERB
cjfa-56744	18	36	the	the	DET
cjfa-56744	18	37	importance	importance	NOUN
cjfa-56744	18	38	of	of	ADP
cjfa-56744	18	39	strategic	strategic	ADJ
cjfa-56744	18	40	blockholder	blockholder	NOUN
cjfa-56744	18	41	alliances	alliance	NOUN
cjfa-56744	18	42	in	in	ADP
cjfa-56744	18	43	enhancing	enhance	VERB
cjfa-56744	18	44	csr	csr	NOUN
cjfa-56744	18	45	efforts	effort	NOUN
cjfa-56744	18	46	.	.	PUNCT
cjfa-56744	19	1	these	these	DET
cjfa-56744	19	2	findings	finding	NOUN
cjfa-56744	19	3	offer	offer	VERB
cjfa-56744	19	4	valuable	valuable	ADJ
cjfa-56744	19	5	insights	insight	NOUN
cjfa-56744	19	6	for	for	ADP
cjfa-56744	19	7	corporate	corporate	ADJ
cjfa-56744	19	8	managers	manager	NOUN
cjfa-56744	19	9	and	and	CCONJ
cjfa-56744	19	10	policymakers	policymaker	NOUN
cjfa-56744	19	11	in	in	ADP
cjfa-56744	19	12	emerging	emerge	VERB
cjfa-56744	19	13	economies	economy	NOUN
cjfa-56744	19	14	such	such	ADJ
cjfa-56744	19	15	as	as	ADP
cjfa-56744	19	16	india	india	PROPN
cjfa-56744	19	17	.	.	PUNCT
cjfa-56744	19	18	 	 	SPACE
cjfa-56744	19	19	introduction	introduction	NOUN
cjfa-56744	19	20	 	 	SPACE
cjfa-56744	19	21	introduction	introduction	NOUN
cjfa-56744	19	22	corporate	corporate	ADJ
cjfa-56744	19	23	social	social	ADJ
cjfa-56744	19	24	responsibility	responsibility	NOUN
cjfa-56744	19	25	(	(	PUNCT
cjfa-56744	19	26	csr	csr	NOUN
cjfa-56744	19	27	)	)	PUNCT
cjfa-56744	19	28	has	have	AUX
cjfa-56744	19	29	emerged	emerge	VERB
cjfa-56744	19	30	as	as	ADP
cjfa-56744	19	31	a	a	DET
cjfa-56744	19	32	critical	critical	ADJ
cjfa-56744	19	33	area	area	NOUN
cjfa-56744	19	34	of	of	ADP
cjfa-56744	19	35	focus	focus	NOUN
cjfa-56744	19	36	for	for	ADP
cjfa-56744	19	37	businesses	business	NOUN
cjfa-56744	19	38	worldwide	worldwide	ADV
cjfa-56744	19	39	,	,	PUNCT
cjfa-56744	19	40	driven	drive	VERB
cjfa-56744	19	41	by	by	ADP
cjfa-56744	19	42	increasing	increase	VERB
cjfa-56744	19	43	stakeholder	stakeholder	NOUN
cjfa-56744	19	44	expectations	expectation	NOUN
cjfa-56744	19	45	and	and	CCONJ
cjfa-56744	19	46	regulatory	regulatory	ADJ
cjfa-56744	19	47	pressure	pressure	NOUN
cjfa-56744	19	48	.	.	PUNCT
cjfa-56744	20	1	the	the	DET
cjfa-56744	20	2	role	role	NOUN
cjfa-56744	20	3	of	of	ADP
cjfa-56744	20	4	blockholders	blockholder	NOUN
cjfa-56744	20	5	,	,	PUNCT
cjfa-56744	20	6	particularly	particularly	ADV
cjfa-56744	20	7	external	external	ADJ
cjfa-56744	20	8	blockholders	blockholder	NOUN
cjfa-56744	20	9	such	such	ADJ
cjfa-56744	20	10	as	as	ADP
cjfa-56744	20	11	institutional	institutional	ADJ
cjfa-56744	20	12	investors	investor	NOUN
cjfa-56744	20	13	and	and	CCONJ
cjfa-56744	20	14	high	high	ADJ
cjfa-56744	20	15	-	-	PUNCT
cjfa-56744	20	16	net	net	NOUN
cjfa-56744	20	17	-	-	PUNCT
cjfa-56744	20	18	worth	worth	NOUN
cjfa-56744	20	19	individuals	individual	NOUN
cjfa-56744	20	20	,	,	PUNCT
cjfa-56744	20	21	in	in	ADP
cjfa-56744	20	22	influencing	influence	VERB
cjfa-56744	20	23	csr	csr	NOUN
cjfa-56744	20	24	spending	spending	NOUN
cjfa-56744	20	25	is	be	AUX
cjfa-56744	20	26	a	a	DET
cjfa-56744	20	27	pertinent	pertinent	ADJ
cjfa-56744	20	28	research	research	NOUN
cjfa-56744	20	29	question	question	NOUN
cjfa-56744	20	30	with	with	ADP
cjfa-56744	20	31	significant	significant	ADJ
cjfa-56744	20	32	implications	implication	NOUN
cjfa-56744	20	33	for	for	ADP
cjfa-56744	20	34	corporate	corporate	ADJ
cjfa-56744	20	35	governance	governance	NOUN
cjfa-56744	20	36	and	and	CCONJ
cjfa-56744	20	37	sustainability	sustainability	NOUN
cjfa-56744	20	38	practices	practice	NOUN
cjfa-56744	20	39	.	.	PUNCT
cjfa-56744	21	1	understanding	understand	VERB
cjfa-56744	21	2	how	how	SCONJ
cjfa-56744	21	3	these	these	DET
cjfa-56744	21	4	blockholders	blockholder	NOUN
cjfa-56744	21	5	impact	impact	VERB
cjfa-56744	21	6	csr	csr	NOUN
cjfa-56744	21	7	activities	activity	NOUN
cjfa-56744	21	8	can	can	AUX
cjfa-56744	21	9	provide	provide	VERB
cjfa-56744	21	10	insights	insight	NOUN
cjfa-56744	21	11	into	into	ADP
cjfa-56744	21	12	firms	firm	NOUN
cjfa-56744	21	13	’	’	PART
cjfa-56744	21	14	strategic	strategic	ADJ
cjfa-56744	21	15	decisions	decision	NOUN
cjfa-56744	21	16	and	and	CCONJ
cjfa-56744	21	17	commitment	commitment	NOUN
cjfa-56744	21	18	to	to	ADP
cjfa-56744	21	19	social	social	ADJ
cjfa-56744	21	20	and	and	CCONJ
cjfa-56744	21	21	environmental	environmental	ADJ
cjfa-56744	21	22	responsibilities	responsibility	NOUN
cjfa-56744	21	23	.	.	PUNCT
cjfa-56744	22	1	this	this	DET
cjfa-56744	22	2	research	research	NOUN
cjfa-56744	22	3	is	be	AUX
cjfa-56744	22	4	crucial	crucial	ADJ
cjfa-56744	22	5	in	in	ADP
cjfa-56744	22	6	the	the	DET
cjfa-56744	22	7	context	context	NOUN
cjfa-56744	22	8	of	of	ADP
cjfa-56744	22	9	emerging	emerge	VERB
cjfa-56744	22	10	economies	economy	NOUN
cjfa-56744	22	11	,	,	PUNCT
cjfa-56744	22	12	such	such	ADJ
cjfa-56744	22	13	as	as	ADP
cjfa-56744	22	14	india	india	PROPN
cjfa-56744	22	15	,	,	PUNCT
cjfa-56744	22	16	where	where	SCONJ
cjfa-56744	22	17	csr	csr	NOUN
cjfa-56744	22	18	mandates	mandate	NOUN
cjfa-56744	22	19	are	be	AUX
cjfa-56744	22	20	relatively	relatively	ADV
cjfa-56744	22	21	new	new	ADJ
cjfa-56744	22	22	,	,	PUNCT
cjfa-56744	22	23	and	and	CCONJ
cjfa-56744	22	24	the	the	DET
cjfa-56744	22	25	influence	influence	NOUN
cjfa-56744	22	26	of	of	ADP
cjfa-56744	22	27	powerful	powerful	ADJ
cjfa-56744	22	28	investors	investor	NOUN
cjfa-56744	22	29	can	can	AUX
cjfa-56744	22	30	significantly	significantly	ADV
cjfa-56744	22	31	shape	shape	VERB
cjfa-56744	22	32	corporate	corporate	ADJ
cjfa-56744	22	33	behavior	behavior	NOUN
cjfa-56744	22	34	.	.	PUNCT
cjfa-56744	23	1	the	the	DET
cjfa-56744	23	2	literature	literature	NOUN
cjfa-56744	23	3	on	on	ADP
cjfa-56744	23	4	blockholder	blockholder	NOUN
cjfa-56744	23	5	influence	influence	NOUN
cjfa-56744	23	6	and	and	CCONJ
cjfa-56744	23	7	csr	csr	NOUN
cjfa-56744	23	8	spending	spending	NOUN
cjfa-56744	23	9	presents	present	VERB
cjfa-56744	23	10	a	a	DET
cjfa-56744	23	11	complex	complex	ADJ
cjfa-56744	23	12	and	and	CCONJ
cjfa-56744	23	13	sometimes	sometimes	ADV
cjfa-56744	23	14	contradictory	contradictory	ADJ
cjfa-56744	23	15	picture	picture	NOUN
cjfa-56744	23	16	.	.	PUNCT
cjfa-56744	24	1	while	while	SCONJ
cjfa-56744	24	2	some	some	DET
cjfa-56744	24	3	studies	study	NOUN
cjfa-56744	24	4	,	,	PUNCT
cjfa-56744	24	5	such	such	ADJ
cjfa-56744	24	6	as	as	ADP
cjfa-56744	24	7	cheng	cheng	PROPN
cjfa-56744	24	8	,	,	PUNCT
cjfa-56744	24	9	wang	wang	PROPN
cjfa-56744	24	10	and	and	CCONJ
cjfa-56744	24	11	wang	wang	PROPN
cjfa-56744	24	12	(	(	PUNCT
cjfa-56744	24	13	2022	2022	NUM
cjfa-56744	24	14	)	)	PUNCT
cjfa-56744	24	15	,	,	PUNCT
cjfa-56744	24	16	suggest	suggest	VERB
cjfa-56744	24	17	that	that	SCONJ
cjfa-56744	24	18	common	common	ADJ
cjfa-56744	24	19	institutional	institutional	ADJ
cjfa-56744	24	20	ownership	ownership	NOUN
cjfa-56744	24	21	can	can	AUX
cjfa-56744	24	22	negatively	negatively	ADV
cjfa-56744	24	23	affect	affect	VERB
cjfa-56744	24	24	csr	csr	NOUN
cjfa-56744	24	25	by	by	ADP
cjfa-56744	24	26	supporting	support	VERB
cjfa-56744	24	27	anti	anti	ADJ
cjfa-56744	24	28	-	-	ADJ
cjfa-56744	24	29	competitive	competitive	ADJ
cjfa-56744	24	30	practices	practice	NOUN
cjfa-56744	24	31	,	,	PUNCT
cjfa-56744	24	32	others	other	NOUN
cjfa-56744	24	33	,	,	PUNCT
cjfa-56744	24	34	like	like	ADP
cjfa-56744	24	35	zhou	zhou	PROPN
cjfa-56744	24	36	,	,	PUNCT
cjfa-56744	24	37	liu	liu	PROPN
cjfa-56744	24	38	,	,	PUNCT
cjfa-56744	24	39	zhang	zhang	PROPN
cjfa-56744	24	40	,	,	PUNCT
cjfa-56744	24	41	qi	qi	PROPN
cjfa-56744	24	42	and	and	CCONJ
cjfa-56744	24	43	qin	qin	PROPN
cjfa-56744	24	44	(	(	PUNCT
cjfa-56744	24	45	2024	2024	NUM
cjfa-56744	24	46	)	)	PUNCT
cjfa-56744	24	47	,	,	PUNCT
cjfa-56744	24	48	indicate	indicate	VERB
cjfa-56744	24	49	that	that	SCONJ
cjfa-56744	24	50	institutional	institutional	ADJ
cjfa-56744	24	51	investors	investor	NOUN
cjfa-56744	24	52	positively	positively	ADV
cjfa-56744	24	53	influence	influence	VERB
cjfa-56744	24	54	csr	csr	NOUN
cjfa-56744	24	55	initiatives	initiative	NOUN
cjfa-56744	24	56	.	.	PUNCT
cjfa-56744	25	1	tarighi	tarighi	PROPN
cjfa-56744	25	2	,	,	PUNCT
cjfa-56744	25	3	shirzad	shirzad	PROPN
cjfa-56744	25	4	and	and	CCONJ
cjfa-56744	25	5	azad	azad	PROPN
cjfa-56744	25	6	(	(	PUNCT
cjfa-56744	25	7	2021	2021	NUM
cjfa-56744	25	8	)	)	PUNCT
cjfa-56744	25	9	and	and	CCONJ
cjfa-56744	25	10	ozdemir	ozdemir	PROPN
cjfa-56744	25	11	,	,	PUNCT
cjfa-56744	25	12	erkmen	erkman	NOUN
cjfa-56744	25	13	and	and	CCONJ
cjfa-56744	25	14	han	han	PROPN
cjfa-56744	25	15	(	(	PUNCT
cjfa-56744	25	16	2023	2023	NUM
cjfa-56744	25	17	)	)	PUNCT
cjfa-56744	25	18	highlight	highlight	VERB
cjfa-56744	25	19	the	the	DET
cjfa-56744	25	20	nuanced	nuanced	ADJ
cjfa-56744	25	21	roles	role	NOUN
cjfa-56744	25	22	of	of	ADP
cjfa-56744	25	23	csr	csr	NOUN
cjfa-56744	25	24	disclosure	disclosure	NOUN
cjfa-56744	25	25	and	and	CCONJ
cjfa-56744	25	26	institutional	institutional	ADJ
cjfa-56744	25	27	ownership	ownership	NOUN
cjfa-56744	25	28	in	in	ADP
cjfa-56744	25	29	financial	financial	ADJ
cjfa-56744	25	30	recovery	recovery	NOUN
cjfa-56744	25	31	and	and	CCONJ
cjfa-56744	25	32	performance	performance	NOUN
cjfa-56744	25	33	under	under	ADP
cjfa-56744	25	34	economic	economic	ADJ
cjfa-56744	25	35	policy	policy	NOUN
cjfa-56744	25	36	uncertainty	uncertainty	NOUN
cjfa-56744	25	37	.	.	PUNCT
cjfa-56744	26	1	these	these	DET
cjfa-56744	26	2	conflicting	conflict	VERB
cjfa-56744	26	3	findings	finding	NOUN
cjfa-56744	26	4	underscore	underscore	VERB
cjfa-56744	26	5	the	the	DET
cjfa-56744	26	6	research	research	NOUN
cjfa-56744	26	7	gap	gap	NOUN
cjfa-56744	26	8	in	in	ADP
cjfa-56744	26	9	understanding	understand	VERB
cjfa-56744	26	10	the	the	DET
cjfa-56744	26	11	conditions	condition	NOUN
cjfa-56744	26	12	under	under	ADP
cjfa-56744	26	13	which	which	PRON
cjfa-56744	26	14	blockholders	blockholder	NOUN
cjfa-56744	26	15	enhance	enhance	VERB
cjfa-56744	26	16	or	or	CCONJ
cjfa-56744	26	17	undermine	undermine	VERB
cjfa-56744	26	18	csr	csr	NOUN
cjfa-56744	26	19	efforts	effort	NOUN
cjfa-56744	26	20	.	.	PUNCT
cjfa-56744	27	1	this	this	DET
cjfa-56744	27	2	study	study	NOUN
cjfa-56744	27	3	addresses	address	VERB
cjfa-56744	27	4	this	this	DET
cjfa-56744	27	5	gap	gap	NOUN
cjfa-56744	27	6	by	by	ADP
cjfa-56744	27	7	investigating	investigate	VERB
cjfa-56744	27	8	the	the	DET
cjfa-56744	27	9	specific	specific	ADJ
cjfa-56744	27	10	attributes	attribute	NOUN
cjfa-56744	27	11	of	of	ADP
cjfa-56744	27	12	external	external	ADJ
cjfa-56744	27	13	blockholders	blockholder	NOUN
cjfa-56744	27	14	,	,	PUNCT
cjfa-56744	27	15	such	such	ADJ
cjfa-56744	27	16	as	as	ADP
cjfa-56744	27	17	investment	investment	NOUN
cjfa-56744	27	18	size	size	NOUN
cjfa-56744	27	19	,	,	PUNCT
cjfa-56744	27	20	coalition	coalition	NOUN
cjfa-56744	27	21	strength	strength	NOUN
cjfa-56744	27	22	,	,	PUNCT
cjfa-56744	27	23	and	and	CCONJ
cjfa-56744	27	24	contestability	contestability	NOUN
cjfa-56744	27	25	,	,	PUNCT
cjfa-56744	27	26	and	and	CCONJ
cjfa-56744	27	27	their	their	PRON
cjfa-56744	27	28	impact	impact	NOUN
cjfa-56744	27	29	on	on	ADP
cjfa-56744	27	30	csr	csr	NOUN
cjfa-56744	27	31	spending	spending	NOUN
cjfa-56744	27	32	.	.	PUNCT
cjfa-56744	28	1	the	the	DET
cjfa-56744	28	2	research	research	NOUN
cjfa-56744	28	3	question	question	NOUN
cjfa-56744	28	4	and	and	CCONJ
cjfa-56744	28	5	hypothesis	hypothesis	NOUN
cjfa-56744	28	6	emerge	emerge	VERB
cjfa-56744	28	7	from	from	ADP
cjfa-56744	28	8	this	this	DET
cjfa-56744	28	9	critical	critical	ADJ
cjfa-56744	28	10	examination	examination	NOUN
cjfa-56744	28	11	of	of	ADP
cjfa-56744	28	12	the	the	DET
cjfa-56744	28	13	literature	literature	NOUN
cjfa-56744	28	14	,	,	PUNCT
cjfa-56744	28	15	proposing	propose	VERB
cjfa-56744	28	16	that	that	SCONJ
cjfa-56744	28	17	external	external	ADJ
cjfa-56744	28	18	blockholders	blockholder	NOUN
cjfa-56744	28	19	significantly	significantly	ADV
cjfa-56744	28	20	influence	influence	VERB
cjfa-56744	28	21	csr	csr	NOUN
cjfa-56744	28	22	activities	activity	NOUN
cjfa-56744	28	23	because	because	SCONJ
cjfa-56744	28	24	of	of	ADP
cjfa-56744	28	25	their	their	PRON
cjfa-56744	28	26	substantial	substantial	ADJ
cjfa-56744	28	27	capital	capital	NOUN
cjfa-56744	28	28	contributions	contribution	NOUN
cjfa-56744	28	29	and	and	CCONJ
cjfa-56744	28	30	strategic	strategic	ADJ
cjfa-56744	28	31	importance	importance	NOUN
cjfa-56744	28	32	to	to	ADP
cjfa-56744	28	33	firms	firm	NOUN
cjfa-56744	28	34	.	.	PUNCT
cjfa-56744	29	1	building	build	VERB
cjfa-56744	29	2	on	on	ADP
cjfa-56744	29	3	these	these	DET
cjfa-56744	29	4	insights	insight	NOUN
cjfa-56744	29	5	,	,	PUNCT
cjfa-56744	29	6	this	this	DET
cjfa-56744	29	7	study	study	NOUN
cjfa-56744	29	8	examined	examine	VERB
cjfa-56744	29	9	the	the	DET
cjfa-56744	29	10	impact	impact	NOUN
cjfa-56744	29	11	of	of	ADP
cjfa-56744	29	12	blockholder	blockholder	NOUN
cjfa-56744	29	13	concentration	concentration	NOUN
cjfa-56744	29	14	on	on	ADP
cjfa-56744	29	15	csr	csr	NOUN
cjfa-56744	29	16	spending	spending	NOUN
cjfa-56744	29	17	in	in	ADP
cjfa-56744	29	18	1,918	1,918	NUM
cjfa-56744	29	19	indian	indian	ADJ
cjfa-56744	29	20	firms	firm	NOUN
cjfa-56744	29	21	from	from	ADP
cjfa-56744	29	22	2014	2014	NUM
cjfa-56744	29	23	to	to	ADP
cjfa-56744	29	24	2023	2023	NUM
cjfa-56744	29	25	.	.	PUNCT
cjfa-56744	30	1	utilizing	utilize	VERB
cjfa-56744	30	2	data	datum	NOUN
cjfa-56744	30	3	from	from	ADP
cjfa-56744	30	4	the	the	DET
cjfa-56744	30	5	centre	centre	NOUN
cjfa-56744	30	6	for	for	ADP
cjfa-56744	30	7	monitoring	monitor	VERB
cjfa-56744	30	8	indian	indian	ADJ
cjfa-56744	30	9	economy	economy	NOUN
cjfa-56744	30	10	(	(	PUNCT
cjfa-56744	30	11	cmie	cmie	PROPN
cjfa-56744	30	12	)	)	PUNCT
cjfa-56744	30	13	database	database	NOUN
cjfa-56744	30	14	,	,	PUNCT
cjfa-56744	30	15	does	do	AUX
cjfa-56744	30	16	blockholders	blockholder	NOUN
cjfa-56744	30	17	’	’	PART
cjfa-56744	30	18	concentration	concentration	NOUN
cjfa-56744	30	19	influence	influence	NOUN
cjfa-56744	30	20	spending	spending	NOUN
cjfa-56744	30	21	…	…	PUNCT
cjfa-56744	30	22	9191	9191	NUM
cjfa-56744	30	23	the	the	DET
cjfa-56744	30	24	empirical	empirical	ADJ
cjfa-56744	30	25	analysis	analysis	NOUN
cjfa-56744	30	26	employs	employ	VERB
cjfa-56744	30	27	four	four	NUM
cjfa-56744	30	28	models	model	NOUN
cjfa-56744	30	29	to	to	PART
cjfa-56744	30	30	assess	assess	VERB
cjfa-56744	30	31	the	the	DET
cjfa-56744	30	32	significance	significance	NOUN
cjfa-56744	30	33	of	of	ADP
cjfa-56744	30	34	blockholder	blockholder	NOUN
cjfa-56744	30	35	attributes	attribute	NOUN
cjfa-56744	30	36	.	.	PUNCT
cjfa-56744	31	1	these	these	DET
cjfa-56744	31	2	models	model	NOUN
cjfa-56744	31	3	incorporate	incorporate	VERB
cjfa-56744	31	4	the	the	DET
cjfa-56744	31	5	largest	large	ADJ
cjfa-56744	31	6	and	and	CCONJ
cjfa-56744	31	7	top	top	ADJ
cjfa-56744	31	8	blockholders	blockholder	NOUN
cjfa-56744	31	9	,	,	PUNCT
cjfa-56744	31	10	return	return	VERB
cjfa-56744	31	11	on	on	ADP
cjfa-56744	31	12	assets	asset	NOUN
cjfa-56744	31	13	,	,	PUNCT
cjfa-56744	31	14	free	free	ADJ
cjfa-56744	31	15	cash	cash	NOUN
cjfa-56744	31	16	flows	flow	NOUN
cjfa-56744	31	17	,	,	PUNCT
cjfa-56744	31	18	debt	debt	NOUN
cjfa-56744	31	19	/	/	SYM
cjfa-56744	31	20	equity	equity	NOUN
cjfa-56744	31	21	ratio	ratio	NOUN
cjfa-56744	31	22	,	,	PUNCT
cjfa-56744	31	23	firm	firm	ADJ
cjfa-56744	31	24	age	age	NOUN
cjfa-56744	31	25	,	,	PUNCT
cjfa-56744	31	26	and	and	CCONJ
cjfa-56744	31	27	industry	industry	NOUN
cjfa-56744	31	28	-	-	PUNCT
cjfa-56744	31	29	average	average	ADJ
cjfa-56744	31	30	csr	csr	NOUN
cjfa-56744	31	31	spending	spending	NOUN
cjfa-56744	31	32	.	.	PUNCT
cjfa-56744	32	1	this	this	DET
cjfa-56744	32	2	approach	approach	NOUN
cjfa-56744	32	3	uses	use	VERB
cjfa-56744	32	4	winsorized	winsorize	VERB
cjfa-56744	32	5	variables	variable	NOUN
cjfa-56744	32	6	to	to	PART
cjfa-56744	32	7	explore	explore	VERB
cjfa-56744	32	8	how	how	SCONJ
cjfa-56744	32	9	blockholder	blockholder	NOUN
cjfa-56744	32	10	characteristics	characteristic	NOUN
cjfa-56744	32	11	influence	influence	NOUN
cjfa-56744	32	12	csr	csr	NOUN
cjfa-56744	32	13	spending	spending	NOUN
cjfa-56744	32	14	,	,	PUNCT
cjfa-56744	32	15	accounting	account	VERB
cjfa-56744	32	16	for	for	ADP
cjfa-56744	32	17	potential	potential	ADJ
cjfa-56744	32	18	outliers	outlier	NOUN
cjfa-56744	32	19	.	.	PUNCT
cjfa-56744	33	1	this	this	DET
cjfa-56744	33	2	study	study	NOUN
cjfa-56744	33	3	confirms	confirm	VERB
cjfa-56744	33	4	that	that	SCONJ
cjfa-56744	33	5	controlling	control	VERB
cjfa-56744	33	6	and	and	CCONJ
cjfa-56744	33	7	external	external	ADJ
cjfa-56744	33	8	blockholders	blockholder	NOUN
cjfa-56744	33	9	positively	positively	ADV
cjfa-56744	33	10	influence	influence	VERB
cjfa-56744	33	11	csr	csr	NOUN
cjfa-56744	33	12	spending	spending	NOUN
cjfa-56744	33	13	,	,	PUNCT
cjfa-56744	33	14	with	with	ADP
cjfa-56744	33	15	the	the	DET
cjfa-56744	33	16	largest	large	ADJ
cjfa-56744	33	17	external	external	ADJ
cjfa-56744	33	18	blockholder	blockholder	NOUN
cjfa-56744	33	19	having	have	VERB
cjfa-56744	33	20	a	a	DET
cjfa-56744	33	21	more	more	ADV
cjfa-56744	33	22	pronounced	pronounced	ADJ
cjfa-56744	33	23	effect	effect	NOUN
cjfa-56744	33	24	,	,	PUNCT
cjfa-56744	33	25	supporting	support	VERB
cjfa-56744	33	26	stakeholder	stakeholder	NOUN
cjfa-56744	33	27	identification	identification	NOUN
cjfa-56744	33	28	and	and	CCONJ
cjfa-56744	33	29	salience	salience	NOUN
cjfa-56744	33	30	theory	theory	NOUN
cjfa-56744	33	31	and	and	CCONJ
cjfa-56744	33	32	resource	resource	NOUN
cjfa-56744	33	33	dependency	dependency	NOUN
cjfa-56744	33	34	theory	theory	NOUN
cjfa-56744	33	35	.	.	PUNCT
cjfa-56744	34	1	the	the	DET
cjfa-56744	34	2	empirical	empirical	ADJ
cjfa-56744	34	3	results	result	NOUN
cjfa-56744	34	4	show	show	VERB
cjfa-56744	34	5	a	a	DET
cjfa-56744	34	6	significant	significant	ADJ
cjfa-56744	34	7	positive	positive	ADJ
cjfa-56744	34	8	relationship	relationship	NOUN
cjfa-56744	34	9	between	between	ADP
cjfa-56744	34	10	csr	csr	NOUN
cjfa-56744	34	11	spending	spending	NOUN
cjfa-56744	34	12	and	and	CCONJ
cjfa-56744	34	13	the	the	DET
cjfa-56744	34	14	largest	large	ADJ
cjfa-56744	34	15	external	external	ADJ
cjfa-56744	34	16	blockholder	blockholder	NOUN
cjfa-56744	34	17	(	(	PUNCT
cjfa-56744	34	18	topnonpromit-1	topnonpromit-1	PROPN
cjfa-56744	34	19	)	)	PUNCT
cjfa-56744	34	20	and	and	CCONJ
cjfa-56744	34	21	controlling	control	VERB
cjfa-56744	34	22	blockholders	blockholder	NOUN
cjfa-56744	34	23	(	(	PUNCT
cjfa-56744	34	24	toppromit-1	toppromit-1	PROPN
cjfa-56744	34	25	)	)	PUNCT
cjfa-56744	34	26	.	.	PUNCT
cjfa-56744	35	1	the	the	DET
cjfa-56744	35	2	top	top	ADJ
cjfa-56744	35	3	three	three	NUM
cjfa-56744	35	4	external	external	ADJ
cjfa-56744	35	5	blockholders	blockholder	NOUN
cjfa-56744	35	6	(	(	PUNCT
cjfa-56744	35	7	top5nonpromit-1	top5nonpromit-1	PROPN
cjfa-56744	35	8	)	)	PUNCT
cjfa-56744	35	9	significantly	significantly	ADV
cjfa-56744	35	10	affect	affect	VERB
cjfa-56744	35	11	csr	csr	NOUN
cjfa-56744	35	12	spending	spending	NOUN
cjfa-56744	35	13	,	,	PUNCT
cjfa-56744	35	14	whereas	whereas	SCONJ
cjfa-56744	35	15	the	the	DET
cjfa-56744	35	16	influence	influence	NOUN
cjfa-56744	35	17	of	of	ADP
cjfa-56744	35	18	the	the	DET
cjfa-56744	35	19	top	top	ADJ
cjfa-56744	35	20	five	five	NUM
cjfa-56744	35	21	(	(	PUNCT
cjfa-56744	35	22	top3nonpromit-1	top3nonpromit-1	NUM
cjfa-56744	35	23	)	)	PUNCT
cjfa-56744	35	24	is	be	AUX
cjfa-56744	35	25	comparatively	comparatively	ADV
cjfa-56744	35	26	weaker	weak	ADJ
cjfa-56744	35	27	.	.	PUNCT
cjfa-56744	36	1	these	these	DET
cjfa-56744	36	2	findings	finding	NOUN
cjfa-56744	36	3	align	align	VERB
cjfa-56744	36	4	with	with	ADP
cjfa-56744	36	5	tarighi	tarighi	PROPN
cjfa-56744	36	6	et	et	PROPN
cjfa-56744	36	7	al	al	PROPN
cjfa-56744	36	8	.	.	PROPN
cjfa-56744	37	1	(	(	PUNCT
cjfa-56744	37	2	2021	2021	NUM
cjfa-56744	37	3	)	)	PUNCT
cjfa-56744	37	4	and	and	CCONJ
cjfa-56744	37	5	zhou	zhou	PROPN
cjfa-56744	37	6	et	et	PROPN
cjfa-56744	37	7	al	al	PROPN
cjfa-56744	37	8	.	.	PROPN
cjfa-56744	38	1	(	(	PUNCT
cjfa-56744	38	2	2024	2024	NUM
cjfa-56744	38	3	)	)	PUNCT
cjfa-56744	38	4	on	on	ADP
cjfa-56744	38	5	the	the	DET
cjfa-56744	38	6	positive	positive	ADJ
cjfa-56744	38	7	impact	impact	NOUN
cjfa-56744	38	8	of	of	ADP
cjfa-56744	38	9	institutional	institutional	ADJ
cjfa-56744	38	10	blockholders	blockholder	NOUN
cjfa-56744	38	11	on	on	ADP
cjfa-56744	38	12	csr	csr	PROPN
cjfa-56744	38	13	,	,	PUNCT
cjfa-56744	38	14	although	although	SCONJ
cjfa-56744	38	15	they	they	PRON
cjfa-56744	38	16	contrast	contrast	VERB
cjfa-56744	38	17	with	with	ADP
cjfa-56744	38	18	cheng	cheng	PROPN
cjfa-56744	38	19	et	et	PROPN
cjfa-56744	38	20	al	al	PROPN
cjfa-56744	38	21	.	.	PROPN
cjfa-56744	39	1	(	(	PUNCT
cjfa-56744	39	2	2022	2022	NUM
cjfa-56744	39	3	)	)	PUNCT
cjfa-56744	39	4	.	.	PUNCT
cjfa-56744	40	1	this	this	DET
cjfa-56744	40	2	study	study	NOUN
cjfa-56744	40	3	extends	extend	VERB
cjfa-56744	40	4	the	the	DET
cjfa-56744	40	5	literature	literature	NOUN
cjfa-56744	40	6	by	by	ADP
cjfa-56744	40	7	providing	provide	VERB
cjfa-56744	40	8	insights	insight	NOUN
cjfa-56744	40	9	into	into	ADP
cjfa-56744	40	10	the	the	DET
cjfa-56744	40	11	blockholder	blockholder	NOUN
cjfa-56744	40	12	concentration	concentration	NOUN
cjfa-56744	40	13	and	and	CCONJ
cjfa-56744	40	14	its	its	PRON
cjfa-56744	40	15	effects	effect	NOUN
cjfa-56744	40	16	on	on	ADP
cjfa-56744	40	17	csr	csr	NOUN
cjfa-56744	40	18	.	.	PROPN
cjfa-56744	40	19	additionally	additionally	ADV
cjfa-56744	40	20	,	,	PUNCT
cjfa-56744	40	21	the	the	DET
cjfa-56744	40	22	significant	significant	ADJ
cjfa-56744	40	23	coefficient	coefficient	NOUN
cjfa-56744	40	24	for	for	ADP
cjfa-56744	40	25	indcsrit-1	indcsrit-1	NUM
cjfa-56744	40	26	underscores	underscore	VERB
cjfa-56744	40	27	the	the	DET
cjfa-56744	40	28	role	role	NOUN
cjfa-56744	40	29	of	of	ADP
cjfa-56744	40	30	industry	industry	NOUN
cjfa-56744	40	31	standards	standard	NOUN
cjfa-56744	40	32	in	in	ADP
cjfa-56744	40	33	promoting	promote	VERB
cjfa-56744	40	34	csr	csr	NOUN
cjfa-56744	40	35	activities	activity	NOUN
cjfa-56744	40	36	,	,	PUNCT
cjfa-56744	40	37	supporting	support	VERB
cjfa-56744	40	38	the	the	DET
cjfa-56744	40	39	findings	finding	NOUN
cjfa-56744	40	40	of	of	ADP
cjfa-56744	40	41	ozdemir	ozdemir	PROPN
cjfa-56744	40	42	et	et	PROPN
cjfa-56744	40	43	al	al	PROPN
cjfa-56744	40	44	.	.	PROPN
cjfa-56744	41	1	(	(	PUNCT
cjfa-56744	41	2	2023	2023	NUM
cjfa-56744	41	3	)	)	PUNCT
cjfa-56744	41	4	on	on	ADP
cjfa-56744	41	5	the	the	DET
cjfa-56744	41	6	mitigating	mitigating	ADJ
cjfa-56744	41	7	effects	effect	NOUN
cjfa-56744	41	8	of	of	ADP
cjfa-56744	41	9	csr	csr	NOUN
cjfa-56744	41	10	,	,	PUNCT
cjfa-56744	41	11	institutional	institutional	ADJ
cjfa-56744	41	12	ownership	ownership	NOUN
cjfa-56744	41	13	,	,	PUNCT
cjfa-56744	41	14	and	and	CCONJ
cjfa-56744	41	15	cash	cash	NOUN
cjfa-56744	41	16	holdings	holding	NOUN
cjfa-56744	41	17	on	on	ADP
cjfa-56744	41	18	economic	economic	ADJ
cjfa-56744	41	19	policy	policy	NOUN
cjfa-56744	41	20	uncertainty	uncertainty	NOUN
cjfa-56744	41	21	.	.	PUNCT
cjfa-56744	42	1	this	this	DET
cjfa-56744	42	2	study	study	NOUN
cjfa-56744	42	3	finds	find	VERB
cjfa-56744	42	4	that	that	SCONJ
cjfa-56744	42	5	external	external	ADJ
cjfa-56744	42	6	blockholders	blockholder	NOUN
cjfa-56744	42	7	have	have	VERB
cjfa-56744	42	8	a	a	DET
cjfa-56744	42	9	stronger	strong	ADJ
cjfa-56744	42	10	impact	impact	NOUN
cjfa-56744	42	11	on	on	ADP
cjfa-56744	42	12	csr	csr	NOUN
cjfa-56744	42	13	spending	spending	NOUN
cjfa-56744	42	14	than	than	ADP
cjfa-56744	42	15	promoters	promoter	NOUN
cjfa-56744	42	16	,	,	PUNCT
cjfa-56744	42	17	particularly	particularly	ADV
cjfa-56744	42	18	in	in	ADP
cjfa-56744	42	19	group	group	NOUN
cjfa-56744	42	20	-	-	PUNCT
cjfa-56744	42	21	affiliated	affiliate	VERB
cjfa-56744	42	22	firms	firm	NOUN
cjfa-56744	42	23	.	.	PUNCT
cjfa-56744	43	1	this	this	PRON
cjfa-56744	43	2	aligns	align	VERB
cjfa-56744	43	3	with	with	ADP
cjfa-56744	43	4	zhou	zhou	PROPN
cjfa-56744	43	5	et	et	PROPN
cjfa-56744	43	6	al	al	PROPN
cjfa-56744	43	7	.	.	PROPN
cjfa-56744	44	1	(	(	PUNCT
cjfa-56744	44	2	2024	2024	NUM
cjfa-56744	44	3	)	)	PUNCT
cjfa-56744	44	4	and	and	CCONJ
cjfa-56744	44	5	tarighi	tarighi	NOUN
cjfa-56744	44	6	et	et	PROPN
cjfa-56744	44	7	al	al	PROPN
cjfa-56744	44	8	.	.	PROPN
cjfa-56744	45	1	(	(	PUNCT
cjfa-56744	45	2	2021	2021	NUM
cjfa-56744	45	3	)	)	PUNCT
cjfa-56744	45	4	,	,	PUNCT
cjfa-56744	45	5	who	who	PRON
cjfa-56744	45	6	note	note	VERB
cjfa-56744	45	7	the	the	DET
cjfa-56744	45	8	positive	positive	ADJ
cjfa-56744	45	9	effects	effect	NOUN
cjfa-56744	45	10	of	of	ADP
cjfa-56744	45	11	institutional	institutional	ADJ
cjfa-56744	45	12	ownership	ownership	NOUN
cjfa-56744	45	13	on	on	ADP
cjfa-56744	45	14	csr	csr	X
cjfa-56744	45	15	and	and	CCONJ
cjfa-56744	45	16	financial	financial	ADJ
cjfa-56744	45	17	recovery	recovery	NOUN
cjfa-56744	45	18	.	.	PUNCT
cjfa-56744	46	1	the	the	DET
cjfa-56744	46	2	role	role	NOUN
cjfa-56744	46	3	of	of	ADP
cjfa-56744	46	4	potential	potential	ADJ
cjfa-56744	46	5	coalitions	coalition	NOUN
cjfa-56744	46	6	is	be	AUX
cjfa-56744	46	7	highlighted	highlight	VERB
cjfa-56744	46	8	by	by	ADP
cjfa-56744	46	9	the	the	DET
cjfa-56744	46	10	significant	significant	ADJ
cjfa-56744	46	11	effect	effect	NOUN
cjfa-56744	46	12	of	of	ADP
cjfa-56744	46	13	external	external	ADJ
cjfa-56744	46	14	blockholders	blockholder	NOUN
cjfa-56744	46	15	’	’	PART
cjfa-56744	46	16	contestability	contestability	NOUN
cjfa-56744	46	17	.	.	PUNCT
cjfa-56744	47	1	promoters	promoter	NOUN
cjfa-56744	47	2	are	be	AUX
cjfa-56744	47	3	more	more	ADV
cjfa-56744	47	4	inclined	inclined	ADJ
cjfa-56744	47	5	towards	towards	ADP
cjfa-56744	47	6	csr	csr	NOUN
cjfa-56744	47	7	when	when	SCONJ
cjfa-56744	47	8	there	there	PRON
cjfa-56744	47	9	is	be	VERB
cjfa-56744	47	10	a	a	DET
cjfa-56744	47	11	significant	significant	ADJ
cjfa-56744	47	12	gap	gap	NOUN
cjfa-56744	47	13	between	between	ADP
cjfa-56744	47	14	their	their	PRON
cjfa-56744	47	15	largest	large	ADJ
cjfa-56744	47	16	and	and	CCONJ
cjfa-56744	47	17	second	second	ADV
cjfa-56744	47	18	-	-	PUNCT
cjfa-56744	47	19	largest	large	ADJ
cjfa-56744	47	20	holdings	holding	NOUN
cjfa-56744	47	21	,	,	PUNCT
cjfa-56744	47	22	as	as	SCONJ
cjfa-56744	47	23	supported	support	VERB
cjfa-56744	47	24	by	by	ADP
cjfa-56744	47	25	panicker	panicker	NOUN
cjfa-56744	47	26	(	(	PUNCT
cjfa-56744	47	27	2017	2017	NUM
cjfa-56744	47	28	)	)	PUNCT
cjfa-56744	47	29	and	and	CCONJ
cjfa-56744	47	30	manogna	manogna	PROPN
cjfa-56744	47	31	and	and	CCONJ
cjfa-56744	47	32	mishra	mishra	PROPN
cjfa-56744	47	33	(	(	PUNCT
cjfa-56744	47	34	2021	2021	NUM
cjfa-56744	47	35	)	)	PUNCT
cjfa-56744	47	36	.	.	PUNCT
cjfa-56744	48	1	additionally	additionally	ADV
cjfa-56744	48	2	,	,	PUNCT
cjfa-56744	48	3	industry	industry	NOUN
cjfa-56744	48	4	standards	standard	NOUN
cjfa-56744	48	5	and	and	CCONJ
cjfa-56744	48	6	firm	firm	ADJ
cjfa-56744	48	7	-	-	PUNCT
cjfa-56744	48	8	specific	specific	ADJ
cjfa-56744	48	9	factors	factor	NOUN
cjfa-56744	48	10	such	such	ADJ
cjfa-56744	48	11	as	as	ADP
cjfa-56744	48	12	roa	roa	NOUN
cjfa-56744	48	13	and	and	CCONJ
cjfa-56744	48	14	age	age	NOUN
cjfa-56744	48	15	significantly	significantly	ADV
cjfa-56744	48	16	influence	influence	VERB
cjfa-56744	48	17	csr	csr	NOUN
cjfa-56744	48	18	activities	activity	NOUN
cjfa-56744	48	19	.	.	PUNCT
cjfa-56744	49	1	robustness	robustness	NOUN
cjfa-56744	49	2	testing	testing	NOUN
cjfa-56744	49	3	highlights	highlight	NOUN
cjfa-56744	49	4	the	the	DET
cjfa-56744	49	5	substantial	substantial	ADJ
cjfa-56744	49	6	influence	influence	NOUN
cjfa-56744	49	7	of	of	ADP
cjfa-56744	49	8	external	external	ADJ
cjfa-56744	49	9	blockholders	blockholder	NOUN
cjfa-56744	49	10	on	on	ADP
cjfa-56744	49	11	csr	csr	NOUN
cjfa-56744	49	12	spending	spending	NOUN
cjfa-56744	49	13	,	,	PUNCT
cjfa-56744	49	14	emphasizing	emphasize	VERB
cjfa-56744	49	15	the	the	DET
cjfa-56744	49	16	importance	importance	NOUN
cjfa-56744	49	17	of	of	ADP
cjfa-56744	49	18	sustainability	sustainability	NOUN
cjfa-56744	49	19	considerations	consideration	NOUN
cjfa-56744	49	20	for	for	ADP
cjfa-56744	49	21	fund	fund	NOUN
cjfa-56744	49	22	managers	manager	NOUN
cjfa-56744	49	23	.	.	PUNCT
cjfa-56744	50	1	in	in	ADP
cjfa-56744	50	2	emerging	emerge	VERB
cjfa-56744	50	3	economies	economy	NOUN
cjfa-56744	50	4	,	,	PUNCT
cjfa-56744	50	5	such	such	ADJ
cjfa-56744	50	6	as	as	ADP
cjfa-56744	50	7	india	india	PROPN
cjfa-56744	50	8	,	,	PUNCT
cjfa-56744	50	9	this	this	PRON
cjfa-56744	50	10	underscores	underscore	VERB
cjfa-56744	50	11	the	the	DET
cjfa-56744	50	12	need	need	NOUN
cjfa-56744	50	13	for	for	SCONJ
cjfa-56744	50	14	companies	company	NOUN
cjfa-56744	50	15	to	to	PART
cjfa-56744	50	16	meet	meet	VERB
cjfa-56744	50	17	sustainability	sustainability	NOUN
cjfa-56744	50	18	objectives	objective	NOUN
cjfa-56744	50	19	to	to	PART
cjfa-56744	50	20	attract	attract	VERB
cjfa-56744	50	21	and	and	CCONJ
cjfa-56744	50	22	retain	retain	VERB
cjfa-56744	50	23	investors	investor	NOUN
cjfa-56744	50	24	.	.	PUNCT
cjfa-56744	51	1	forming	form	VERB
cjfa-56744	51	2	coalitions	coalition	NOUN
cjfa-56744	51	3	among	among	ADP
cjfa-56744	51	4	top	top	ADJ
cjfa-56744	51	5	-	-	PUNCT
cjfa-56744	51	6	holders	holder	NOUN
cjfa-56744	51	7	is	be	AUX
cjfa-56744	51	8	essential	essential	ADJ
cjfa-56744	51	9	for	for	ADP
cjfa-56744	51	10	actively	actively	ADV
cjfa-56744	51	11	srikanth	srikanth	NOUN
cjfa-56744	51	12	potharla9292	potharla9292	PROPN
cjfa-56744	51	13	monitoring	monitor	VERB
cjfa-56744	51	14	csr	csr	NOUN
cjfa-56744	51	15	efforts	effort	NOUN
cjfa-56744	51	16	,	,	PUNCT
cjfa-56744	51	17	particularly	particularly	ADV
cjfa-56744	51	18	in	in	ADP
cjfa-56744	51	19	group	group	NOUN
cjfa-56744	51	20	-	-	PUNCT
cjfa-56744	51	21	affiliated	affiliate	VERB
cjfa-56744	51	22	firms	firm	NOUN
cjfa-56744	51	23	.	.	PUNCT
cjfa-56744	52	1	promoting	promote	VERB
cjfa-56744	52	2	csr	csr	NOUN
cjfa-56744	52	3	initiatives	initiative	NOUN
cjfa-56744	52	4	can	can	AUX
cjfa-56744	52	5	attract	attract	VERB
cjfa-56744	52	6	institutional	institutional	ADJ
cjfa-56744	52	7	investment	investment	NOUN
cjfa-56744	52	8	,	,	PUNCT
cjfa-56744	52	9	enhance	enhance	VERB
cjfa-56744	52	10	market	market	NOUN
cjfa-56744	52	11	transparency	transparency	NOUN
cjfa-56744	52	12	,	,	PUNCT
cjfa-56744	52	13	and	and	CCONJ
cjfa-56744	52	14	support	support	VERB
cjfa-56744	52	15	corporate	corporate	ADJ
cjfa-56744	52	16	growth	growth	NOUN
cjfa-56744	52	17	.	.	PUNCT
cjfa-56744	53	1	policymakers	policymaker	NOUN
cjfa-56744	53	2	should	should	AUX
cjfa-56744	53	3	foster	foster	VERB
cjfa-56744	53	4	transparent	transparent	ADJ
cjfa-56744	53	5	csr	csr	NOUN
cjfa-56744	53	6	reporting	reporting	NOUN
cjfa-56744	53	7	and	and	CCONJ
cjfa-56744	53	8	collaboration	collaboration	NOUN
cjfa-56744	53	9	among	among	ADP
cjfa-56744	53	10	blockholders	blockholder	NOUN
cjfa-56744	53	11	,	,	PUNCT
cjfa-56744	53	12	whereas	whereas	SCONJ
cjfa-56744	53	13	regulatory	regulatory	ADJ
cjfa-56744	53	14	bodies	body	NOUN
cjfa-56744	53	15	should	should	AUX
cjfa-56744	53	16	incentivize	incentivize	VERB
cjfa-56744	53	17	long	long	ADJ
cjfa-56744	53	18	-	-	PUNCT
cjfa-56744	53	19	term	term	NOUN
cjfa-56744	53	20	csr	csr	NOUN
cjfa-56744	53	21	investments	investment	NOUN
cjfa-56744	53	22	.	.	PUNCT
cjfa-56744	54	1	theoretical	theoretical	ADJ
cjfa-56744	54	2	background	background	NOUN
cjfa-56744	54	3	and	and	CCONJ
cjfa-56744	54	4	literature	literature	NOUN
cjfa-56744	54	5	reviewtheoretical	reviewtheoretical	ADJ
cjfa-56744	54	6	background	background	NOUN
cjfa-56744	54	7	and	and	CCONJ
cjfa-56744	54	8	literature	literature	NOUN
cjfa-56744	54	9	review	review	VERB
cjfa-56744	54	10	the	the	DET
cjfa-56744	54	11	theory	theory	NOUN
cjfa-56744	54	12	of	of	ADP
cjfa-56744	54	13	stakeholder	stakeholder	NOUN
cjfa-56744	54	14	salience	salience	NOUN
cjfa-56744	54	15	provides	provide	VERB
cjfa-56744	54	16	a	a	DET
cjfa-56744	54	17	framework	framework	NOUN
cjfa-56744	54	18	for	for	ADP
cjfa-56744	54	19	assessing	assess	VERB
cjfa-56744	54	20	managerial	managerial	ADJ
cjfa-56744	54	21	priorities	priority	NOUN
cjfa-56744	54	22	by	by	ADP
cjfa-56744	54	23	categorizing	categorize	VERB
cjfa-56744	54	24	stakeholders	stakeholder	NOUN
cjfa-56744	54	25	based	base	VERB
cjfa-56744	54	26	on	on	ADP
cjfa-56744	54	27	their	their	PRON
cjfa-56744	54	28	power	power	NOUN
cjfa-56744	54	29	,	,	PUNCT
cjfa-56744	54	30	legitimacy	legitimacy	NOUN
cjfa-56744	54	31	,	,	PUNCT
cjfa-56744	54	32	and	and	CCONJ
cjfa-56744	54	33	urgency	urgency	NOUN
cjfa-56744	54	34	.	.	PUNCT
cjfa-56744	55	1	this	this	DET
cjfa-56744	55	2	study	study	NOUN
cjfa-56744	55	3	investigates	investigate	VERB
cjfa-56744	55	4	how	how	SCONJ
cjfa-56744	55	5	these	these	DET
cjfa-56744	55	6	attributes	attribute	NOUN
cjfa-56744	55	7	relate	relate	VERB
cjfa-56744	55	8	to	to	ADP
cjfa-56744	55	9	external	external	ADJ
cjfa-56744	55	10	blockholders	blockholder	NOUN
cjfa-56744	55	11	,	,	PUNCT
cjfa-56744	55	12	such	such	ADJ
cjfa-56744	55	13	as	as	ADP
cjfa-56744	55	14	institutional	institutional	ADJ
cjfa-56744	55	15	investors	investor	NOUN
cjfa-56744	55	16	and	and	CCONJ
cjfa-56744	55	17	high	high	ADJ
cjfa-56744	55	18	-	-	PUNCT
cjfa-56744	55	19	net	net	NOUN
cjfa-56744	55	20	-	-	PUNCT
cjfa-56744	55	21	worth	worth	NOUN
cjfa-56744	55	22	individuals	individual	NOUN
cjfa-56744	55	23	,	,	PUNCT
cjfa-56744	55	24	and	and	CCONJ
cjfa-56744	55	25	how	how	SCONJ
cjfa-56744	55	26	they	they	PRON
cjfa-56744	55	27	influence	influence	VERB
cjfa-56744	55	28	csr	csr	NOUN
cjfa-56744	55	29	spending	spending	NOUN
cjfa-56744	55	30	.	.	PUNCT
cjfa-56744	56	1	power	power	NOUN
cjfa-56744	56	2	denotes	denote	VERB
cjfa-56744	56	3	a	a	DET
cjfa-56744	56	4	firm	firm	NOUN
cjfa-56744	56	5	’s	’s	PART
cjfa-56744	56	6	reliance	reliance	NOUN
cjfa-56744	56	7	on	on	ADP
cjfa-56744	56	8	key	key	ADJ
cjfa-56744	56	9	stakeholders	stakeholder	NOUN
cjfa-56744	56	10	(	(	PUNCT
cjfa-56744	56	11	freeman	freeman	PROPN
cjfa-56744	56	12	&	&	CCONJ
cjfa-56744	56	13	david	david	PROPN
cjfa-56744	56	14	,	,	PUNCT
cjfa-56744	56	15	1983	1983	NUM
cjfa-56744	56	16	)	)	PUNCT
cjfa-56744	56	17	,	,	PUNCT
cjfa-56744	56	18	with	with	ADP
cjfa-56744	56	19	power	power	NOUN
cjfa-56744	56	20	-	-	PUNCT
cjfa-56744	56	21	dominant	dominant	NOUN
cjfa-56744	56	22	stakeholders	stakeholder	NOUN
cjfa-56744	56	23	significantly	significantly	ADV
cjfa-56744	56	24	impacting	impact	VERB
cjfa-56744	56	25	organizational	organizational	ADJ
cjfa-56744	56	26	actions	action	NOUN
cjfa-56744	56	27	(	(	PUNCT
cjfa-56744	56	28	savage	savage	NOUN
cjfa-56744	56	29	,	,	PUNCT
cjfa-56744	56	30	nix	nix	PROPN
cjfa-56744	56	31	,	,	PUNCT
cjfa-56744	56	32	whitehead	whitehead	PROPN
cjfa-56744	56	33	&	&	CCONJ
cjfa-56744	56	34	blair	blair	PROPN
cjfa-56744	56	35	,	,	PUNCT
cjfa-56744	56	36	1991	1991	NUM
cjfa-56744	56	37	)	)	PUNCT
cjfa-56744	56	38	.	.	PUNCT
cjfa-56744	57	1	external	external	ADJ
cjfa-56744	57	2	blockholders	blockholder	NOUN
cjfa-56744	57	3	exhibit	exhibit	VERB
cjfa-56744	57	4	this	this	DET
cjfa-56744	57	5	power	power	NOUN
cjfa-56744	57	6	through	through	ADP
cjfa-56744	57	7	substantial	substantial	ADJ
cjfa-56744	57	8	capital	capital	NOUN
cjfa-56744	57	9	contributions	contribution	NOUN
cjfa-56744	57	10	and	and	CCONJ
cjfa-56744	57	11	strong	strong	ADJ
cjfa-56744	57	12	voting	voting	NOUN
cjfa-56744	57	13	rights	right	NOUN
cjfa-56744	57	14	,	,	PUNCT
cjfa-56744	57	15	significantly	significantly	ADV
cjfa-56744	57	16	influencing	influence	VERB
cjfa-56744	57	17	corporate	corporate	ADJ
cjfa-56744	57	18	decisions	decision	NOUN
cjfa-56744	57	19	.	.	PUNCT
cjfa-56744	58	1	legitimacy	legitimacy	NOUN
cjfa-56744	58	2	emanates	emanate	VERB
cjfa-56744	58	3	from	from	ADP
cjfa-56744	58	4	contractual	contractual	ADJ
cjfa-56744	58	5	ownership	ownership	NOUN
cjfa-56744	58	6	rights	right	NOUN
cjfa-56744	58	7	,	,	PUNCT
cjfa-56744	58	8	extending	extend	VERB
cjfa-56744	58	9	beyond	beyond	ADP
cjfa-56744	58	10	mere	mere	ADJ
cjfa-56744	58	11	capital	capital	NOUN
cjfa-56744	58	12	investment	investment	NOUN
cjfa-56744	58	13	to	to	PART
cjfa-56744	58	14	signify	signify	VERB
cjfa-56744	58	15	a	a	DET
cjfa-56744	58	16	stakeholder	stakeholder	NOUN
cjfa-56744	58	17	’s	’s	PART
cjfa-56744	58	18	implicit	implicit	ADJ
cjfa-56744	58	19	claim	claim	NOUN
cjfa-56744	58	20	of	of	ADP
cjfa-56744	58	21	a	a	DET
cjfa-56744	58	22	firm	firm	NOUN
cjfa-56744	58	23	’s	’s	PART
cjfa-56744	58	24	assets	asset	NOUN
cjfa-56744	58	25	(	(	PUNCT
cjfa-56744	58	26	carroll	carroll	PROPN
cjfa-56744	58	27	&	&	CCONJ
cjfa-56744	58	28	hannan	hannan	PROPN
cjfa-56744	58	29	,	,	PUNCT
cjfa-56744	58	30	1989	1989	NUM
cjfa-56744	58	31	)	)	PUNCT
cjfa-56744	58	32	.	.	PUNCT
cjfa-56744	59	1	external	external	ADJ
cjfa-56744	59	2	blockholders	blockholder	NOUN
cjfa-56744	59	3	establish	establish	VERB
cjfa-56744	59	4	legitimacy	legitimacy	NOUN
cjfa-56744	59	5	through	through	ADP
cjfa-56744	59	6	substantial	substantial	ADJ
cjfa-56744	59	7	capital	capital	NOUN
cjfa-56744	59	8	investments	investment	NOUN
cjfa-56744	59	9	and	and	CCONJ
cjfa-56744	59	10	create	create	VERB
cjfa-56744	59	11	legal	legal	ADJ
cjfa-56744	59	12	bonds	bond	NOUN
cjfa-56744	59	13	with	with	ADP
cjfa-56744	59	14	firms	firm	NOUN
cjfa-56744	59	15	.	.	PUNCT
cjfa-56744	60	1	the	the	DET
cjfa-56744	60	2	urgency	urgency	NOUN
cjfa-56744	60	3	of	of	ADP
cjfa-56744	60	4	stakeholder	stakeholder	NOUN
cjfa-56744	60	5	claims	claim	NOUN
cjfa-56744	60	6	is	be	AUX
cjfa-56744	60	7	closely	closely	ADV
cjfa-56744	60	8	linked	link	VERB
cjfa-56744	60	9	to	to	ADP
cjfa-56744	60	10	the	the	DET
cjfa-56744	60	11	promptness	promptness	NOUN
cjfa-56744	60	12	and	and	CCONJ
cjfa-56744	60	13	importance	importance	NOUN
cjfa-56744	60	14	of	of	ADP
cjfa-56744	60	15	their	their	PRON
cjfa-56744	60	16	interests	interest	NOUN
cjfa-56744	60	17	.	.	PUNCT
cjfa-56744	61	1	resource	resource	NOUN
cjfa-56744	61	2	dependency	dependency	NOUN
cjfa-56744	61	3	theory	theory	NOUN
cjfa-56744	61	4	posits	posit	NOUN
cjfa-56744	61	5	that	that	SCONJ
cjfa-56744	61	6	firms	firm	NOUN
cjfa-56744	61	7	depend	depend	VERB
cjfa-56744	61	8	on	on	ADP
cjfa-56744	61	9	external	external	ADJ
cjfa-56744	61	10	sources	source	NOUN
cjfa-56744	61	11	of	of	ADP
cjfa-56744	61	12	resources	resource	NOUN
cjfa-56744	61	13	(	(	PUNCT
cjfa-56744	61	14	salancik	salancik	VERB
cjfa-56744	61	15	,	,	PUNCT
cjfa-56744	61	16	pfeffer	pfeffer	PROPN
cjfa-56744	61	17	&	&	CCONJ
cjfa-56744	61	18	kelly	kelly	PROPN
cjfa-56744	61	19	,	,	PUNCT
cjfa-56744	61	20	1978	1978	NUM
cjfa-56744	61	21	)	)	PUNCT
cjfa-56744	61	22	.	.	PUNCT
cjfa-56744	62	1	external	external	ADJ
cjfa-56744	62	2	blockholders	blockholder	NOUN
cjfa-56744	62	3	occupy	occupy	VERB
cjfa-56744	62	4	a	a	DET
cjfa-56744	62	5	salient	salient	NOUN
cjfa-56744	62	6	and	and	CCONJ
cjfa-56744	62	7	influential	influential	ADJ
cjfa-56744	62	8	position	position	NOUN
cjfa-56744	62	9	in	in	ADP
cjfa-56744	62	10	firm	firm	ADJ
cjfa-56744	62	11	management	management	NOUN
cjfa-56744	62	12	by	by	ADP
cjfa-56744	62	13	providing	provide	VERB
cjfa-56744	62	14	significant	significant	ADJ
cjfa-56744	62	15	capital	capital	NOUN
cjfa-56744	62	16	and	and	CCONJ
cjfa-56744	62	17	ensuring	ensure	VERB
cjfa-56744	62	18	market	market	NOUN
cjfa-56744	62	19	liquidity	liquidity	NOUN
cjfa-56744	62	20	.	.	PUNCT
cjfa-56744	63	1	this	this	DET
cjfa-56744	63	2	study	study	NOUN
cjfa-56744	63	3	employs	employ	VERB
cjfa-56744	63	4	empirical	empirical	ADJ
cjfa-56744	63	5	analysis	analysis	NOUN
cjfa-56744	63	6	to	to	PART
cjfa-56744	63	7	examine	examine	VERB
cjfa-56744	63	8	the	the	DET
cjfa-56744	63	9	influence	influence	NOUN
cjfa-56744	63	10	of	of	ADP
cjfa-56744	63	11	external	external	ADJ
cjfa-56744	63	12	blockholder	blockholder	NOUN
cjfa-56744	63	13	concentration	concentration	NOUN
cjfa-56744	63	14	on	on	ADP
cjfa-56744	63	15	csr	csr	NOUN
cjfa-56744	63	16	spending	spending	NOUN
cjfa-56744	63	17	across	across	ADP
cjfa-56744	63	18	a	a	DET
cjfa-56744	63	19	diverse	diverse	ADJ
cjfa-56744	63	20	range	range	NOUN
cjfa-56744	63	21	of	of	ADP
cjfa-56744	63	22	firms	firm	NOUN
cjfa-56744	63	23	.	.	PUNCT
cjfa-56744	64	1	cheng	cheng	PROPN
cjfa-56744	64	2	et	et	PROPN
cjfa-56744	64	3	al	al	PROPN
cjfa-56744	64	4	.	.	PROPN
cjfa-56744	65	1	(	(	PUNCT
cjfa-56744	65	2	2022	2022	NUM
cjfa-56744	65	3	)	)	PUNCT
cjfa-56744	65	4	examined	examine	VERB
cjfa-56744	65	5	the	the	DET
cjfa-56744	65	6	impact	impact	NOUN
cjfa-56744	65	7	of	of	ADP
cjfa-56744	65	8	common	common	ADJ
cjfa-56744	65	9	institutional	institutional	ADJ
cjfa-56744	65	10	ownership	ownership	NOUN
cjfa-56744	65	11	on	on	ADP
cjfa-56744	65	12	csr	csr	X
cjfa-56744	65	13	among	among	ADP
cjfa-56744	65	14	u.s	u.s	PROPN
cjfa-56744	65	15	.	.	PROPN
cjfa-56744	65	16	public	public	ADJ
cjfa-56744	65	17	firms	firm	NOUN
cjfa-56744	65	18	from	from	ADP
cjfa-56744	65	19	1991	1991	NUM
cjfa-56744	65	20	to	to	ADP
cjfa-56744	65	21	2015	2015	NUM
cjfa-56744	65	22	,	,	PUNCT
cjfa-56744	65	23	finding	find	VERB
cjfa-56744	65	24	that	that	SCONJ
cjfa-56744	65	25	common	common	ADJ
cjfa-56744	65	26	institutional	institutional	ADJ
cjfa-56744	65	27	ownership	ownership	NOUN
cjfa-56744	65	28	negatively	negatively	ADV
cjfa-56744	65	29	affects	affect	VERB
cjfa-56744	65	30	csr	csr	NOUN
cjfa-56744	65	31	,	,	PUNCT
cjfa-56744	65	32	supporting	support	VERB
cjfa-56744	65	33	the	the	DET
cjfa-56744	65	34	anti	anti	ADJ
cjfa-56744	65	35	-	-	ADJ
cjfa-56744	65	36	competitive	competitive	ADJ
cjfa-56744	65	37	view	view	NOUN
cjfa-56744	65	38	.	.	PUNCT
cjfa-56744	66	1	this	this	PRON
cjfa-56744	66	2	contrasts	contrast	VERB
cjfa-56744	66	3	with	with	ADP
cjfa-56744	66	4	the	the	DET
cjfa-56744	66	5	literature	literature	NOUN
cjfa-56744	66	6	,	,	PUNCT
cjfa-56744	66	7	suggesting	suggest	VERB
cjfa-56744	66	8	institutional	institutional	ADJ
cjfa-56744	66	9	ownership	ownership	NOUN
cjfa-56744	66	10	typically	typically	ADV
cjfa-56744	66	11	enhances	enhance	VERB
cjfa-56744	66	12	csr	csr	PROPN
cjfa-56744	66	13	.	.	PROPN
cjfa-56744	66	14	tarighi	tarighi	PROPN
cjfa-56744	66	15	et	et	PROPN
cjfa-56744	66	16	al	al	PROPN
cjfa-56744	66	17	.	.	PROPN
cjfa-56744	67	1	(	(	PUNCT
cjfa-56744	67	2	2021	2021	NUM
cjfa-56744	67	3	)	)	PUNCT
cjfa-56744	67	4	explored	explore	VERB
cjfa-56744	67	5	the	the	DET
cjfa-56744	67	6	impact	impact	NOUN
cjfa-56744	67	7	of	of	ADP
cjfa-56744	67	8	csr	csr	NOUN
cjfa-56744	67	9	disclosure	disclosure	NOUN
cjfa-56744	67	10	on	on	ADP
cjfa-56744	67	11	financial	financial	ADJ
cjfa-56744	67	12	distress	distress	NOUN
cjfa-56744	67	13	risk	risk	NOUN
cjfa-56744	67	14	in	in	ADP
cjfa-56744	67	15	tehran	tehran	PROPN
cjfa-56744	67	16	stock	stock	PROPN
cjfa-56744	67	17	exchange	exchange	PROPN
cjfa-56744	67	18	(	(	PUNCT
cjfa-56744	67	19	tse	tse	PROPN
cjfa-56744	67	20	)	)	PUNCT
cjfa-56744	67	21	firms	firm	NOUN
cjfa-56744	67	22	from	from	ADP
cjfa-56744	67	23	2013	2013	NUM
cjfa-56744	67	24	to	to	ADP
cjfa-56744	67	25	2018	2018	NUM
cjfa-56744	67	26	.	.	PUNCT
cjfa-56744	68	1	they	they	PRON
cjfa-56744	68	2	find	find	VERB
cjfa-56744	68	3	that	that	SCONJ
cjfa-56744	68	4	high	high	ADJ
cjfa-56744	68	5	csr	csr	NOUN
cjfa-56744	68	6	disclosure	disclosure	NOUN
cjfa-56744	68	7	does	do	AUX
cjfa-56744	68	8	not	not	PART
cjfa-56744	68	9	enhance	enhance	VERB
cjfa-56744	68	10	creditworthiness	creditworthiness	NOUN
cjfa-56744	68	11	,	,	PUNCT
cjfa-56744	68	12	but	but	CCONJ
cjfa-56744	68	13	institutional	institutional	ADJ
cjfa-56744	68	14	ownership	ownership	NOUN
cjfa-56744	68	15	aids	aids	PROPN
cjfa-56744	68	16	financial	financial	ADJ
cjfa-56744	68	17	recovery	recovery	NOUN
cjfa-56744	68	18	,	,	PUNCT
cjfa-56744	68	19	particularly	particularly	ADV
cjfa-56744	68	20	does	do	VERB
cjfa-56744	68	21	blockholders	blockholder	NOUN
cjfa-56744	68	22	’	’	PART
cjfa-56744	68	23	concentration	concentration	NOUN
cjfa-56744	68	24	influence	influence	NOUN
cjfa-56744	68	25	spending	spending	NOUN
cjfa-56744	68	26	…	…	SYM
cjfa-56744	68	27	9393	9393	NUM
cjfa-56744	68	28	under	under	ADP
cjfa-56744	68	29	economic	economic	ADJ
cjfa-56744	68	30	sanctions	sanction	NOUN
cjfa-56744	68	31	and	and	CCONJ
cjfa-56744	68	32	cultural	cultural	ADJ
cjfa-56744	68	33	influences	influence	NOUN
cjfa-56744	68	34	in	in	ADP
cjfa-56744	68	35	iran	iran	PROPN
cjfa-56744	68	36	.	.	PUNCT
cjfa-56744	69	1	zhou	zhou	PROPN
cjfa-56744	69	2	et	et	PROPN
cjfa-56744	69	3	al	al	PROPN
cjfa-56744	69	4	.	.	PROPN
cjfa-56744	70	1	(	(	PUNCT
cjfa-56744	70	2	2024	2024	NUM
cjfa-56744	70	3	)	)	PUNCT
cjfa-56744	70	4	investigated	investigate	VERB
cjfa-56744	70	5	the	the	DET
cjfa-56744	70	6	impact	impact	NOUN
cjfa-56744	70	7	of	of	ADP
cjfa-56744	70	8	institutional	institutional	ADJ
cjfa-56744	70	9	ownership	ownership	NOUN
cjfa-56744	70	10	on	on	ADP
cjfa-56744	70	11	csr	csr	X
cjfa-56744	70	12	in	in	ADP
cjfa-56744	70	13	chinese	chinese	ADJ
cjfa-56744	70	14	listed	list	VERB
cjfa-56744	70	15	firms	firm	NOUN
cjfa-56744	70	16	from	from	ADP
cjfa-56744	70	17	2007	2007	NUM
cjfa-56744	70	18	to	to	ADP
cjfa-56744	70	19	2020	2020	NUM
cjfa-56744	70	20	.	.	PUNCT
cjfa-56744	71	1	they	they	PRON
cjfa-56744	71	2	found	find	VERB
cjfa-56744	71	3	that	that	SCONJ
cjfa-56744	71	4	pressure	pressure	NOUN
cjfa-56744	71	5	-	-	PUNCT
cjfa-56744	71	6	resistant	resistant	ADJ
cjfa-56744	71	7	institutions	institution	NOUN
cjfa-56744	71	8	positively	positively	ADV
cjfa-56744	71	9	influence	influence	VERB
cjfa-56744	71	10	csr	csr	NOUN
cjfa-56744	71	11	,	,	PUNCT
cjfa-56744	71	12	whereas	whereas	SCONJ
cjfa-56744	71	13	pressure	pressure	NOUN
cjfa-56744	71	14	-	-	PUNCT
cjfa-56744	71	15	sensitive	sensitive	ADJ
cjfa-56744	71	16	institutions	institution	NOUN
cjfa-56744	71	17	do	do	VERB
cjfa-56744	71	18	not	not	PART
cjfa-56744	71	19	.	.	PUNCT
cjfa-56744	72	1	this	this	DET
cjfa-56744	72	2	study	study	NOUN
cjfa-56744	72	3	employs	employ	VERB
cjfa-56744	72	4	the	the	DET
cjfa-56744	72	5	mimpf	mimpf	PROPN
cjfa-56744	72	6	regulation	regulation	NOUN
cjfa-56744	72	7	as	as	ADP
cjfa-56744	72	8	a	a	DET
cjfa-56744	72	9	quasi	quasi	ADJ
cjfa-56744	72	10	-	-	ADJ
cjfa-56744	72	11	natural	natural	ADJ
cjfa-56744	72	12	experiment	experiment	NOUN
cjfa-56744	72	13	to	to	PART
cjfa-56744	72	14	address	address	VERB
cjfa-56744	72	15	endogeneity	endogeneity	NOUN
cjfa-56744	72	16	.	.	PUNCT
cjfa-56744	73	1	ozdemir	ozdemir	PROPN
cjfa-56744	73	2	et	et	PROPN
cjfa-56744	73	3	al	al	PROPN
cjfa-56744	73	4	.	.	PROPN
cjfa-56744	74	1	(	(	PUNCT
cjfa-56744	74	2	2023	2023	NUM
cjfa-56744	74	3	)	)	PUNCT
cjfa-56744	74	4	analyzed	analyze	VERB
cjfa-56744	74	5	how	how	SCONJ
cjfa-56744	74	6	csr	csr	NOUN
cjfa-56744	74	7	,	,	PUNCT
cjfa-56744	74	8	institutional	institutional	ADJ
cjfa-56744	74	9	ownership	ownership	NOUN
cjfa-56744	74	10	,	,	PUNCT
cjfa-56744	74	11	and	and	CCONJ
cjfa-56744	74	12	cash	cash	NOUN
cjfa-56744	74	13	holdings	holding	NOUN
cjfa-56744	74	14	mitigate	mitigate	VERB
cjfa-56744	74	15	the	the	DET
cjfa-56744	74	16	negative	negative	ADJ
cjfa-56744	74	17	effects	effect	NOUN
cjfa-56744	74	18	of	of	ADP
cjfa-56744	74	19	economic	economic	ADJ
cjfa-56744	74	20	policy	policy	NOUN
cjfa-56744	74	21	uncertainty	uncertainty	NOUN
cjfa-56744	74	22	on	on	ADP
cjfa-56744	74	23	financial	financial	ADJ
cjfa-56744	74	24	performance	performance	NOUN
cjfa-56744	74	25	in	in	ADP
cjfa-56744	74	26	the	the	DET
cjfa-56744	74	27	hospitality	hospitality	NOUN
cjfa-56744	74	28	and	and	CCONJ
cjfa-56744	74	29	tourism	tourism	NOUN
cjfa-56744	74	30	industry	industry	NOUN
cjfa-56744	74	31	,	,	PUNCT
cjfa-56744	74	32	highlighting	highlight	VERB
cjfa-56744	74	33	the	the	DET
cjfa-56744	74	34	moderating	moderate	VERB
cjfa-56744	74	35	role	role	NOUN
cjfa-56744	74	36	of	of	ADP
cjfa-56744	74	37	these	these	DET
cjfa-56744	74	38	firm	firm	NOUN
cjfa-56744	74	39	attributes	attribute	VERB
cjfa-56744	74	40	.	.	PUNCT
cjfa-56744	75	1	ali	ali	PROPN
cjfa-56744	75	2	shah	shah	PROPN
cjfa-56744	75	3	,	,	PUNCT
cjfa-56744	75	4	akbar	akbar	NOUN
cjfa-56744	75	5	and	and	CCONJ
cjfa-56744	75	6	zhu	zhu	PROPN
cjfa-56744	75	7	(	(	PUNCT
cjfa-56744	75	8	2023	2023	NUM
cjfa-56744	75	9	)	)	PUNCT
cjfa-56744	75	10	examined	examine	VERB
cjfa-56744	75	11	the	the	DET
cjfa-56744	75	12	impact	impact	NOUN
cjfa-56744	75	13	of	of	ADP
cjfa-56744	75	14	mandatory	mandatory	ADJ
cjfa-56744	75	15	csr	csr	NOUN
cjfa-56744	75	16	disclosures	disclosure	NOUN
cjfa-56744	75	17	on	on	ADP
cjfa-56744	75	18	firm	firm	ADJ
cjfa-56744	75	19	value	value	NOUN
cjfa-56744	75	20	in	in	ADP
cjfa-56744	75	21	china	china	PROPN
cjfa-56744	75	22	from	from	ADP
cjfa-56744	75	23	2003	2003	NUM
cjfa-56744	75	24	to	to	ADP
cjfa-56744	75	25	2020	2020	NUM
cjfa-56744	75	26	,	,	PUNCT
cjfa-56744	75	27	finding	find	VERB
cjfa-56744	75	28	that	that	SCONJ
cjfa-56744	75	29	such	such	ADJ
cjfa-56744	75	30	disclosures	disclosure	NOUN
cjfa-56744	75	31	negatively	negatively	ADV
cjfa-56744	75	32	affect	affect	VERB
cjfa-56744	75	33	firm	firm	ADJ
cjfa-56744	75	34	value	value	NOUN
cjfa-56744	75	35	.	.	PUNCT
cjfa-56744	76	1	this	this	DET
cjfa-56744	76	2	study	study	NOUN
cjfa-56744	76	3	explores	explore	VERB
cjfa-56744	76	4	the	the	DET
cjfa-56744	76	5	value	value	NOUN
cjfa-56744	76	6	relevance	relevance	NOUN
cjfa-56744	76	7	of	of	ADP
cjfa-56744	76	8	mandatory	mandatory	ADJ
cjfa-56744	76	9	csr	csr	NOUN
cjfa-56744	76	10	disclosure	disclosure	NOUN
cjfa-56744	76	11	in	in	ADP
cjfa-56744	76	12	an	an	DET
cjfa-56744	76	13	emerging	emerge	VERB
cjfa-56744	76	14	market	market	NOUN
cjfa-56744	76	15	with	with	ADP
cjfa-56744	76	16	institutional	institutional	ADJ
cjfa-56744	76	17	ownership	ownership	NOUN
cjfa-56744	76	18	and	and	CCONJ
cjfa-56744	76	19	leverage	leverage	NOUN
cjfa-56744	76	20	as	as	ADP
cjfa-56744	76	21	moderating	moderate	VERB
cjfa-56744	76	22	factors	factor	NOUN
cjfa-56744	76	23	.	.	PUNCT
cjfa-56744	77	1	desai	desai	PROPN
cjfa-56744	77	2	and	and	CCONJ
cjfa-56744	77	3	raval	raval	NOUN
cjfa-56744	77	4	(	(	PUNCT
cjfa-56744	77	5	2022	2022	NUM
cjfa-56744	77	6	)	)	PUNCT
cjfa-56744	77	7	studied	study	VERB
cjfa-56744	77	8	the	the	DET
cjfa-56744	77	9	impact	impact	NOUN
cjfa-56744	77	10	of	of	ADP
cjfa-56744	77	11	co2	co2	NOUN
cjfa-56744	77	12	emissions	emission	NOUN
cjfa-56744	77	13	on	on	ADP
cjfa-56744	77	14	firm	firm	ADJ
cjfa-56744	77	15	market	market	NOUN
cjfa-56744	77	16	value	value	NOUN
cjfa-56744	77	17	in	in	ADP
cjfa-56744	77	18	india	india	PROPN
cjfa-56744	77	19	and	and	CCONJ
cjfa-56744	77	20	found	find	VERB
cjfa-56744	77	21	a	a	DET
cjfa-56744	77	22	significantly	significantly	ADV
cjfa-56744	77	23	negative	negative	ADJ
cjfa-56744	77	24	impact	impact	NOUN
cjfa-56744	77	25	.	.	PUNCT
cjfa-56744	78	1	their	their	PRON
cjfa-56744	78	2	study	study	NOUN
cjfa-56744	78	3	offers	offer	VERB
cjfa-56744	78	4	insights	insight	NOUN
cjfa-56744	78	5	into	into	ADP
cjfa-56744	78	6	the	the	DET
cjfa-56744	78	7	context	context	NOUN
cjfa-56744	78	8	of	of	ADP
cjfa-56744	78	9	developing	develop	VERB
cjfa-56744	78	10	countries	country	NOUN
cjfa-56744	78	11	by	by	ADP
cjfa-56744	78	12	emphasizing	emphasize	VERB
cjfa-56744	78	13	the	the	DET
cjfa-56744	78	14	importance	importance	NOUN
cjfa-56744	78	15	of	of	ADP
cjfa-56744	78	16	environmental	environmental	ADJ
cjfa-56744	78	17	performance	performance	NOUN
cjfa-56744	78	18	for	for	ADP
cjfa-56744	78	19	firm	firm	ADJ
cjfa-56744	78	20	valuation	valuation	NOUN
cjfa-56744	78	21	.	.	PUNCT
cjfa-56744	79	1	miceikienė	miceikienė	PROPN
cjfa-56744	79	2	,	,	PUNCT
cjfa-56744	79	3	rimkuvienė	rimkuvienė	ADJ
cjfa-56744	79	4	and	and	CCONJ
cjfa-56744	79	5	gesevičienė	gesevičienė	NOUN
cjfa-56744	79	6	(	(	PUNCT
cjfa-56744	79	7	2020	2020	NUM
cjfa-56744	79	8	)	)	PUNCT
cjfa-56744	79	9	assessed	assess	VERB
cjfa-56744	79	10	environmental	environmental	ADJ
cjfa-56744	79	11	pollution	pollution	NOUN
cjfa-56744	79	12	determinants	determinant	NOUN
cjfa-56744	79	13	in	in	ADP
cjfa-56744	79	14	various	various	ADJ
cjfa-56744	79	15	sectors	sector	NOUN
cjfa-56744	79	16	of	of	ADP
cjfa-56744	79	17	lithuania	lithuania	PROPN
cjfa-56744	79	18	,	,	PUNCT
cjfa-56744	79	19	finding	find	VERB
cjfa-56744	79	20	that	that	SCONJ
cjfa-56744	79	21	environmental	environmental	ADJ
cjfa-56744	79	22	taxes	taxis	NOUN
cjfa-56744	79	23	failed	fail	VERB
cjfa-56744	79	24	to	to	PART
cjfa-56744	79	25	meet	meet	VERB
cjfa-56744	79	26	objectives	objective	NOUN
cjfa-56744	79	27	,	,	PUNCT
cjfa-56744	79	28	while	while	SCONJ
cjfa-56744	79	29	investments	investment	NOUN
cjfa-56744	79	30	positively	positively	ADV
cjfa-56744	79	31	impacted	impact	VERB
cjfa-56744	79	32	specific	specific	ADJ
cjfa-56744	79	33	sectors	sector	NOUN
cjfa-56744	79	34	like	like	ADP
cjfa-56744	79	35	water	water	NOUN
cjfa-56744	79	36	supply	supply	NOUN
cjfa-56744	79	37	and	and	CCONJ
cjfa-56744	79	38	waste	waste	NOUN
cjfa-56744	79	39	management	management	NOUN
cjfa-56744	79	40	.	.	PUNCT
cjfa-56744	80	1	this	this	DET
cjfa-56744	80	2	study	study	NOUN
cjfa-56744	80	3	provides	provide	VERB
cjfa-56744	80	4	valuable	valuable	ADJ
cjfa-56744	80	5	insight	insight	NOUN
cjfa-56744	80	6	into	into	ADP
cjfa-56744	80	7	the	the	DET
cjfa-56744	80	8	effectiveness	effectiveness	NOUN
cjfa-56744	80	9	of	of	ADP
cjfa-56744	80	10	environmental	environmental	ADJ
cjfa-56744	80	11	policies	policy	NOUN
cjfa-56744	80	12	.	.	PUNCT
cjfa-56744	81	1	grounded	ground	VERB
cjfa-56744	81	2	in	in	ADP
cjfa-56744	81	3	stakeholder	stakeholder	NOUN
cjfa-56744	81	4	salience	salience	NOUN
cjfa-56744	81	5	and	and	CCONJ
cjfa-56744	81	6	resource	resource	NOUN
cjfa-56744	81	7	dependency	dependency	NOUN
cjfa-56744	81	8	theories	theory	NOUN
cjfa-56744	81	9	,	,	PUNCT
cjfa-56744	81	10	this	this	DET
cjfa-56744	81	11	study	study	NOUN
cjfa-56744	81	12	hypothesizes	hypothesize	VERB
cjfa-56744	81	13	that	that	SCONJ
cjfa-56744	81	14	external	external	ADJ
cjfa-56744	81	15	blockholders	blockholder	NOUN
cjfa-56744	81	16	such	such	ADJ
cjfa-56744	81	17	as	as	ADP
cjfa-56744	81	18	institutional	institutional	ADJ
cjfa-56744	81	19	investors	investor	NOUN
cjfa-56744	81	20	positively	positively	ADV
cjfa-56744	81	21	influence	influence	VERB
cjfa-56744	81	22	csr	csr	NOUN
cjfa-56744	81	23	spending	spending	NOUN
cjfa-56744	81	24	because	because	SCONJ
cjfa-56744	81	25	of	of	ADP
cjfa-56744	81	26	their	their	PRON
cjfa-56744	81	27	significant	significant	ADJ
cjfa-56744	81	28	capital	capital	NOUN
cjfa-56744	81	29	,	,	PUNCT
cjfa-56744	81	30	influence	influence	NOUN
cjfa-56744	81	31	,	,	PUNCT
cjfa-56744	81	32	and	and	CCONJ
cjfa-56744	81	33	market	market	NOUN
cjfa-56744	81	34	roles	role	NOUN
cjfa-56744	81	35	.	.	PUNCT
cjfa-56744	82	1	empirical	empirical	ADJ
cjfa-56744	82	2	studies	study	NOUN
cjfa-56744	82	3	corroborate	corroborate	VERB
cjfa-56744	82	4	this	this	DET
cjfa-56744	82	5	finding	finding	NOUN
cjfa-56744	82	6	,	,	PUNCT
cjfa-56744	82	7	showing	show	VERB
cjfa-56744	82	8	that	that	DET
cjfa-56744	82	9	blockholder	blockholder	NOUN
cjfa-56744	82	10	investment	investment	NOUN
cjfa-56744	82	11	size	size	NOUN
cjfa-56744	82	12	,	,	PUNCT
cjfa-56744	82	13	coalition	coalition	NOUN
cjfa-56744	82	14	strength	strength	NOUN
cjfa-56744	82	15	,	,	PUNCT
cjfa-56744	82	16	and	and	CCONJ
cjfa-56744	82	17	contestability	contestability	NOUN
cjfa-56744	82	18	are	be	AUX
cjfa-56744	82	19	key	key	ADJ
cjfa-56744	82	20	factors	factor	NOUN
cjfa-56744	82	21	that	that	PRON
cjfa-56744	82	22	boost	boost	VERB
cjfa-56744	82	23	a	a	DET
cjfa-56744	82	24	firm	firm	NOUN
cjfa-56744	82	25	’s	’s	PART
cjfa-56744	82	26	csr	csr	NOUN
cjfa-56744	82	27	activities	activity	NOUN
cjfa-56744	82	28	.	.	PUNCT
cjfa-56744	83	1	h1	h1	PROPN
cjfa-56744	83	2	:	:	PUNCT
cjfa-56744	83	3	external	external	ADJ
cjfa-56744	83	4	blockholders	blockholder	NOUN
cjfa-56744	83	5	’	’	PART
cjfa-56744	83	6	attributes	attribute	NOUN
cjfa-56744	83	7	(	(	PUNCT
cjfa-56744	83	8	investment	investment	NOUN
cjfa-56744	83	9	size	size	NOUN
cjfa-56744	83	10	,	,	PUNCT
cjfa-56744	83	11	coalition	coalition	NOUN
cjfa-56744	83	12	,	,	PUNCT
cjfa-56744	83	13	and	and	CCONJ
cjfa-56744	83	14	contestability	contestability	NOUN
cjfa-56744	83	15	)	)	PUNCT
cjfa-56744	83	16	significantly	significantly	ADV
cjfa-56744	83	17	impact	impact	VERB
cjfa-56744	83	18	investee	investee	NOUN
cjfa-56744	83	19	firms	firm	NOUN
cjfa-56744	83	20	’	'	PUNCT
cjfa-56744	83	21	csr	csr	NOUN
cjfa-56744	83	22	spending	spending	NOUN
cjfa-56744	83	23	.	.	PUNCT
cjfa-56744	84	1	srikanth	srikanth	PROPN
cjfa-56744	84	2	potharla9494	potharla9494	PROPN
cjfa-56744	84	3	methodology	methodology	NOUN
cjfa-56744	84	4	of	of	ADP
cjfa-56744	84	5	the	the	DET
cjfa-56744	84	6	studymethodology	studymethodology	NOUN
cjfa-56744	84	7	of	of	ADP
cjfa-56744	84	8	the	the	DET
cjfa-56744	84	9	study	study	NOUN
cjfa-56744	84	10	sample	sample	NOUN
cjfa-56744	84	11	and	and	CCONJ
cjfa-56744	84	12	data	datum	NOUN
cjfa-56744	84	13	sources	source	NOUN
cjfa-56744	84	14	sample	sample	NOUN
cjfa-56744	84	15	and	and	CCONJ
cjfa-56744	84	16	data	datum	NOUN
cjfa-56744	84	17	sources	source	NOUN
cjfa-56744	84	18	the	the	DET
cjfa-56744	84	19	current	current	ADJ
cjfa-56744	84	20	study	study	NOUN
cjfa-56744	84	21	draws	draw	VERB
cjfa-56744	84	22	its	its	PRON
cjfa-56744	84	23	sample	sample	NOUN
cjfa-56744	84	24	from	from	ADP
cjfa-56744	84	25	a	a	DET
cjfa-56744	84	26	list	list	NOUN
cjfa-56744	84	27	of	of	ADP
cjfa-56744	84	28	companies	company	NOUN
cjfa-56744	84	29	in	in	ADP
cjfa-56744	84	30	india	india	PROPN
cjfa-56744	84	31	subject	subject	PROPN
cjfa-56744	84	32	to	to	ADP
cjfa-56744	84	33	the	the	DET
cjfa-56744	84	34	csr	csr	NOUN
cjfa-56744	84	35	provisions	provision	NOUN
cjfa-56744	84	36	outlined	outline	VERB
cjfa-56744	84	37	in	in	ADP
cjfa-56744	84	38	the	the	DET
cjfa-56744	84	39	company	company	NOUN
cjfa-56744	84	40	law	law	NOUN
cjfa-56744	84	41	of	of	ADP
cjfa-56744	84	42	2013	2013	NUM
cjfa-56744	84	43	.	.	PUNCT
cjfa-56744	85	1	data	datum	NOUN
cjfa-56744	85	2	on	on	ADP
cjfa-56744	85	3	csr	csr	NOUN
cjfa-56744	85	4	spending	spending	NOUN
cjfa-56744	85	5	is	be	AUX
cjfa-56744	85	6	available	available	ADJ
cjfa-56744	85	7	between	between	ADP
cjfa-56744	85	8	2014	2014	NUM
cjfa-56744	85	9	and	and	CCONJ
cjfa-56744	85	10	2023	2023	NUM
cjfa-56744	85	11	for	for	ADP
cjfa-56744	85	12	1918	1918	NUM
cjfa-56744	85	13	firms	firm	NOUN
cjfa-56744	85	14	,	,	PUNCT
cjfa-56744	85	15	represented	represent	VERB
cjfa-56744	85	16	by	by	ADP
cjfa-56744	85	17	9,388	9,388	NUM
cjfa-56744	85	18	firm	firm	ADJ
cjfa-56744	85	19	years	year	NOUN
cjfa-56744	85	20	during	during	ADP
cjfa-56744	85	21	the	the	DET
cjfa-56744	85	22	study	study	NOUN
cjfa-56744	85	23	period	period	NOUN
cjfa-56744	85	24	.	.	PUNCT
cjfa-56744	86	1	all	all	DET
cjfa-56744	86	2	the	the	DET
cjfa-56744	86	3	required	required	ADJ
cjfa-56744	86	4	variables	variable	NOUN
cjfa-56744	86	5	were	be	AUX
cjfa-56744	86	6	collected	collect	VERB
cjfa-56744	86	7	from	from	ADP
cjfa-56744	86	8	the	the	DET
cjfa-56744	86	9	center	center	NOUN
cjfa-56744	86	10	for	for	ADP
cjfa-56744	86	11	monitoring	monitor	VERB
cjfa-56744	86	12	indian	indian	ADJ
cjfa-56744	86	13	economy	economy	NOUN
cjfa-56744	86	14	(	(	PUNCT
cjfa-56744	86	15	cmie	cmie	PROPN
cjfa-56744	86	16	)	)	PUNCT
cjfa-56744	86	17	database	database	NOUN
cjfa-56744	86	18	.	.	PUNCT
cjfa-56744	87	1	all	all	DET
cjfa-56744	87	2	variables	variable	NOUN
cjfa-56744	87	3	used	use	VERB
cjfa-56744	87	4	in	in	ADP
cjfa-56744	87	5	the	the	DET
cjfa-56744	87	6	empirical	empirical	ADJ
cjfa-56744	87	7	model	model	NOUN
cjfa-56744	87	8	were	be	AUX
cjfa-56744	87	9	winsorized	winsorize	VERB
cjfa-56744	87	10	to	to	PART
cjfa-56744	87	11	eliminate	eliminate	VERB
cjfa-56744	87	12	the	the	DET
cjfa-56744	87	13	influence	influence	NOUN
cjfa-56744	87	14	of	of	ADP
cjfa-56744	87	15	outliers	outlier	NOUN
cjfa-56744	87	16	on	on	ADP
cjfa-56744	87	17	the	the	DET
cjfa-56744	87	18	study	study	NOUN
cjfa-56744	87	19	results	result	NOUN
cjfa-56744	87	20	.	.	PUNCT
cjfa-56744	88	1	empirical	empirical	ADJ
cjfa-56744	88	2	model	model	PROPN
cjfa-56744	88	3	empirical	empirical	ADJ
cjfa-56744	88	4	model	model	NOUN
cjfa-56744	88	5	the	the	DET
cjfa-56744	88	6	empirical	empirical	ADJ
cjfa-56744	88	7	model	model	NOUN
cjfa-56744	88	8	under	under	ADP
cjfa-56744	88	9	investigation	investigation	NOUN
cjfa-56744	88	10	aimed	aim	VERB
cjfa-56744	88	11	to	to	PART
cjfa-56744	88	12	determine	determine	VERB
cjfa-56744	88	13	the	the	DET
cjfa-56744	88	14	relationship	relationship	NOUN
cjfa-56744	88	15	between	between	ADP
cjfa-56744	88	16	blockholder	blockholder	NOUN
cjfa-56744	88	17	concentration	concentration	NOUN
cjfa-56744	88	18	and	and	CCONJ
cjfa-56744	88	19	csr	csr	NOUN
cjfa-56744	88	20	spending	spending	NOUN
cjfa-56744	88	21	.	.	PUNCT
cjfa-56744	89	1	four	four	NUM
cjfa-56744	89	2	empirical	empirical	ADJ
cjfa-56744	89	3	models	model	NOUN
cjfa-56744	89	4	were	be	AUX
cjfa-56744	89	5	developed	develop	VERB
cjfa-56744	89	6	to	to	PART
cjfa-56744	89	7	test	test	VERB
cjfa-56744	89	8	the	the	DET
cjfa-56744	89	9	significance	significance	NOUN
cjfa-56744	89	10	of	of	ADP
cjfa-56744	89	11	the	the	DET
cjfa-56744	89	12	associations	association	NOUN
cjfa-56744	89	13	between	between	ADP
cjfa-56744	89	14	these	these	DET
cjfa-56744	89	15	variables	variable	NOUN
cjfa-56744	89	16	to	to	PART
cjfa-56744	89	17	achieve	achieve	VERB
cjfa-56744	89	18	this	this	DET
cjfa-56744	89	19	objective	objective	NOUN
cjfa-56744	89	20	.	.	PUNCT
cjfa-56744	90	1	the	the	DET
cjfa-56744	90	2	analysis	analysis	NOUN
cjfa-56744	90	3	uses	use	VERB
cjfa-56744	90	4	the	the	DET
cjfa-56744	90	5	log	log	NOUN
cjfa-56744	90	6	values	value	NOUN
cjfa-56744	90	7	of	of	ADP
cjfa-56744	90	8	csr	csr	NOUN
cjfa-56744	90	9	spending	spending	NOUN
cjfa-56744	90	10	to	to	PART
cjfa-56744	90	11	establish	establish	VERB
cjfa-56744	90	12	the	the	DET
cjfa-56744	90	13	impact	impact	NOUN
cjfa-56744	90	14	of	of	ADP
cjfa-56744	90	15	blockholder	blockholder	NOUN
cjfa-56744	90	16	concentration	concentration	NOUN
cjfa-56744	90	17	.	.	PUNCT
cjfa-56744	91	1	csrit	csrit	NOUN
cjfa-56744	91	2	=	=	SYM
cjfa-56744	92	1	α0	α0	PROPN
cjfa-56744	92	2	+	+	CCONJ
cjfa-56744	92	3	β1topnonpromit−1	β1topnonpromit−1	PUNCT
cjfa-56744	92	4	+	+	X
cjfa-56744	92	5	β2toppromit−1	β2toppromit−1	X
cjfa-56744	92	6	+	+	CCONJ
cjfa-56744	92	7	γ1roait−1	γ1roait−1	X
cjfa-56744	92	8	+	+	CCONJ
cjfa-56744	92	9	γ2logfcfeit−1	γ2logfcfeit−1	PROPN
cjfa-56744	92	10	+	+	CCONJ
cjfa-56744	92	11	γ3debtit−1	γ3debtit−1	ADV
cjfa-56744	92	12	+	+	CCONJ
cjfa-56744	92	13	γ4ageit−1	γ4ageit−1	NOUN
cjfa-56744	92	14	+	+	CCONJ
cjfa-56744	92	15	γ5indcsrit-1	γ5indcsrit-1	ADJ
cjfa-56744	92	16	+	+	CCONJ
cjfa-56744	92	17	εit	εit	VERB
cjfa-56744	92	18	(	(	PUNCT
cjfa-56744	92	19	1	1	NUM
cjfa-56744	92	20	)	)	PUNCT
cjfa-56744	92	21	csrit	csrit	NOUN
cjfa-56744	92	22	=	=	SYM
cjfa-56744	93	1	α0	α0	PROPN
cjfa-56744	93	2	+	+	CCONJ
cjfa-56744	93	3	β1top5nonpromit−1	β1top5nonpromit−1	PROPN
cjfa-56744	94	1	+	+	CCONJ
cjfa-56744	94	2	β2top5promit−1	β2top5promit−1	PROPN
cjfa-56744	94	3	+	+	CCONJ
cjfa-56744	94	4	γ1roait−1	γ1roait−1	PROPN
cjfa-56744	95	1	+	+	CCONJ
cjfa-56744	95	2	γ2logfcfeit−1	γ2logfcfeit−1	PROPN
cjfa-56744	95	3	+	+	CCONJ
cjfa-56744	95	4	γ3debtit−1	γ3debtit−1	ADV
cjfa-56744	95	5	+	+	CCONJ
cjfa-56744	95	6	γ4ageit−1	γ4ageit−1	NOUN
cjfa-56744	95	7	+	+	CCONJ
cjfa-56744	95	8	γ5indcsrit-1	γ5indcsrit-1	ADJ
cjfa-56744	95	9	+	+	CCONJ
cjfa-56744	95	10	εit	εit	VERB
cjfa-56744	95	11	(	(	PUNCT
cjfa-56744	95	12	2	2	NUM
cjfa-56744	95	13	)	)	PUNCT
cjfa-56744	95	14	csrit	csrit	NOUN
cjfa-56744	95	15	=	=	SYM
cjfa-56744	95	16	α0	α0	VERB
cjfa-56744	95	17	+	+	CCONJ
cjfa-56744	95	18	β1top3nonpromit−1	β1top3nonpromit−1	ADJ
cjfa-56744	95	19	+	+	CCONJ
cjfa-56744	95	20	β2top3promit−1	β2top3promit−1	PROPN
cjfa-56744	95	21	+	+	CCONJ
cjfa-56744	95	22	γ1roait−1	γ1roait−1	X
cjfa-56744	96	1	+	+	CCONJ
cjfa-56744	96	2	γ2logfcfeit−1	γ2logfcfeit−1	PROPN
cjfa-56744	96	3	+	+	CCONJ
cjfa-56744	96	4	γ3debtit−1	γ3debtit−1	ADV
cjfa-56744	96	5	+	+	CCONJ
cjfa-56744	96	6	γ4ageit−1	γ4ageit−1	NOUN
cjfa-56744	96	7	+	+	CCONJ
cjfa-56744	96	8	γ5indcsrit	γ5indcsrit	NOUN
cjfa-56744	96	9	-1	-1	NOUN
cjfa-56744	96	10	+	+	CCONJ
cjfa-56744	96	11	εit	εit	VERB
cjfa-56744	96	12	(	(	PUNCT
cjfa-56744	96	13	3	3	NUM
cjfa-56744	96	14	)	)	PUNCT
cjfa-56744	96	15	csrit	csrit	NOUN
cjfa-56744	96	16	=	=	SYM
cjfa-56744	97	1	α0	α0	ADJ
cjfa-56744	97	2	+	+	CCONJ
cjfa-56744	97	3	β1contestnonpromit−1	β1contestnonpromit−1	ADJ
cjfa-56744	97	4	+	+	NUM
cjfa-56744	97	5	β2dompromit−1	β2dompromit−1	PRON
cjfa-56744	97	6	+	+	CCONJ
cjfa-56744	97	7	γ1roait−1	γ1roait−1	X
cjfa-56744	98	1	+	+	CCONJ
cjfa-56744	98	2	γ2logfcfeit−1	γ2logfcfeit−1	PROPN
cjfa-56744	98	3	+	+	CCONJ
cjfa-56744	98	4	γ3debtit−1	γ3debtit−1	ADV
cjfa-56744	98	5	+	+	CCONJ
cjfa-56744	98	6	γ4ageit−1	γ4ageit−1	NOUN
cjfa-56744	98	7	+	+	CCONJ
cjfa-56744	98	8	γ5indcsrit-1	γ5indcsrit-1	ADJ
cjfa-56744	98	9	+	+	CCONJ
cjfa-56744	98	10	εit	εit	VERB
cjfa-56744	98	11	(	(	PUNCT
cjfa-56744	98	12	4	4	NUM
cjfa-56744	98	13	)	)	PUNCT
cjfa-56744	98	14	does	do	AUX
cjfa-56744	98	15	blockholders	blockholder	NOUN
cjfa-56744	98	16	’	’	PART
cjfa-56744	98	17	concentration	concentration	NOUN
cjfa-56744	98	18	influence	influence	NOUN
cjfa-56744	98	19	spending	spending	NOUN
cjfa-56744	98	20	…	…	PUNCT
cjfa-56744	98	21	9595	9595	NUM
cjfa-56744	98	22	equation	equation	NOUN
cjfa-56744	98	23	(	(	PUNCT
cjfa-56744	98	24	1	1	X
cjfa-56744	98	25	)	)	PUNCT
cjfa-56744	98	26	refers	refer	VERB
cjfa-56744	98	27	to	to	ADP
cjfa-56744	98	28	the	the	DET
cjfa-56744	98	29	log	log	NOUN
cjfa-56744	98	30	value	value	NOUN
cjfa-56744	98	31	of	of	ADP
cjfa-56744	98	32	csr	csr	NOUN
cjfa-56744	98	33	spending	spending	NOUN
cjfa-56744	98	34	;	;	PUNCT
cjfa-56744	98	35	topnonpromit–1	topnonpromit–1	PROPN
cjfa-56744	98	36	is	be	AUX
cjfa-56744	98	37	the	the	DET
cjfa-56744	98	38	largest	large	ADJ
cjfa-56744	98	39	percentage	percentage	NOUN
cjfa-56744	98	40	of	of	ADP
cjfa-56744	98	41	shareholding	shareholding	NOUN
cjfa-56744	98	42	by	by	ADP
cjfa-56744	98	43	the	the	DET
cjfa-56744	98	44	external	external	ADJ
cjfa-56744	98	45	blockholders	blockholder	NOUN
cjfa-56744	98	46	;	;	PUNCT
cjfa-56744	98	47	toppromit–1	toppromit–1	PRON
cjfa-56744	98	48	is	be	AUX
cjfa-56744	98	49	the	the	DET
cjfa-56744	98	50	largest	large	ADJ
cjfa-56744	98	51	percentage	percentage	NOUN
cjfa-56744	98	52	of	of	ADP
cjfa-56744	98	53	shareholding	shareholding	NOUN
cjfa-56744	98	54	by	by	ADP
cjfa-56744	98	55	the	the	DET
cjfa-56744	98	56	controlling	control	VERB
cjfa-56744	98	57	blockholders	blockholder	NOUN
cjfa-56744	98	58	who	who	PRON
cjfa-56744	98	59	represent	represent	VERB
cjfa-56744	98	60	the	the	DET
cjfa-56744	98	61	promoter	promoter	NOUN
cjfa-56744	98	62	of	of	ADP
cjfa-56744	98	63	the	the	DET
cjfa-56744	98	64	company	company	NOUN
cjfa-56744	98	65	;	;	PUNCT
cjfa-56744	98	66	roait–1	roait–1	PROPN
cjfa-56744	98	67	is	be	AUX
cjfa-56744	98	68	the	the	DET
cjfa-56744	98	69	return	return	NOUN
cjfa-56744	98	70	on	on	ADP
cjfa-56744	98	71	assets	asset	NOUN
cjfa-56744	98	72	;	;	PUNCT
cjfa-56744	98	73	logfcfeit-1	logfcfeit-1	NUM
cjfa-56744	98	74	refers	refer	VERB
cjfa-56744	98	75	to	to	ADP
cjfa-56744	98	76	a	a	DET
cjfa-56744	98	77	log	log	NOUN
cjfa-56744	98	78	value	value	NOUN
cjfa-56744	98	79	of	of	ADP
cjfa-56744	98	80	free	free	ADJ
cjfa-56744	98	81	cash	cash	NOUN
cjfa-56744	98	82	flows	flow	NOUN
cjfa-56744	98	83	to	to	ADP
cjfa-56744	98	84	equity	equity	NOUN
cjfa-56744	98	85	;	;	PUNCT
cjfa-56744	98	86	debtit-1	debtit-1	NUM
cjfa-56744	98	87	is	be	AUX
cjfa-56744	98	88	the	the	DET
cjfa-56744	98	89	debt	debt	NOUN
cjfa-56744	98	90	/	/	SYM
cjfa-56744	98	91	equity	equity	NOUN
cjfa-56744	98	92	ratio	ratio	NOUN
cjfa-56744	98	93	;	;	PUNCT
cjfa-56744	98	94	ageit-1	ageit-1	NUM
cjfa-56744	98	95	is	be	AUX
cjfa-56744	98	96	the	the	DET
cjfa-56744	98	97	age	age	NOUN
cjfa-56744	98	98	of	of	ADP
cjfa-56744	98	99	the	the	DET
cjfa-56744	98	100	firm	firm	NOUN
cjfa-56744	98	101	;	;	PUNCT
cjfa-56744	98	102	indcsrit-1	indcsrit-1	NUM
cjfa-56744	98	103	is	be	AUX
cjfa-56744	98	104	the	the	DET
cjfa-56744	98	105	average	average	ADJ
cjfa-56744	98	106	csr	csr	NOUN
cjfa-56744	98	107	spending	spending	NOUN
cjfa-56744	98	108	by	by	ADP
cjfa-56744	98	109	the	the	DET
cjfa-56744	98	110	other	other	ADJ
cjfa-56744	98	111	firms	firm	NOUN
cjfa-56744	98	112	in	in	ADP
cjfa-56744	98	113	the	the	DET
cjfa-56744	98	114	industry	industry	NOUN
cjfa-56744	98	115	.	.	PUNCT
cjfa-56744	99	1	equation	equation	NOUN
cjfa-56744	99	2	(	(	PUNCT
cjfa-56744	99	3	2	2	X
cjfa-56744	99	4	)	)	PUNCT
cjfa-56744	99	5	top5nonpromit–1	top5nonpromit–1	PRON
cjfa-56744	99	6	refers	refer	VERB
cjfa-56744	99	7	to	to	ADP
cjfa-56744	99	8	the	the	DET
cjfa-56744	99	9	sum	sum	NOUN
cjfa-56744	99	10	of	of	ADP
cjfa-56744	99	11	the	the	DET
cjfa-56744	99	12	percentage	percentage	NOUN
cjfa-56744	99	13	of	of	ADP
cjfa-56744	99	14	shares	share	NOUN
cjfa-56744	99	15	held	hold	VERB
cjfa-56744	99	16	by	by	ADP
cjfa-56744	99	17	the	the	DET
cjfa-56744	99	18	top	top	ADJ
cjfa-56744	99	19	five	five	NUM
cjfa-56744	99	20	external	external	ADJ
cjfa-56744	99	21	blockholders	blockholder	NOUN
cjfa-56744	99	22	;	;	PUNCT
cjfa-56744	99	23	top5promit–1	top5promit–1	PRON
cjfa-56744	99	24	refers	refer	VERB
cjfa-56744	99	25	to	to	ADP
cjfa-56744	99	26	the	the	DET
cjfa-56744	99	27	sum	sum	NOUN
cjfa-56744	99	28	of	of	ADP
cjfa-56744	99	29	the	the	DET
cjfa-56744	99	30	percentage	percentage	NOUN
cjfa-56744	99	31	of	of	ADP
cjfa-56744	99	32	shares	share	NOUN
cjfa-56744	99	33	held	hold	VERB
cjfa-56744	99	34	by	by	ADP
cjfa-56744	99	35	the	the	DET
cjfa-56744	99	36	top	top	ADJ
cjfa-56744	99	37	five	five	NUM
cjfa-56744	99	38	promoters	promoter	NOUN
cjfa-56744	99	39	;	;	PUNCT
cjfa-56744	99	40	equation	equation	NOUN
cjfa-56744	99	41	(	(	PUNCT
cjfa-56744	99	42	3	3	NUM
cjfa-56744	99	43	)	)	PUNCT
cjfa-56744	99	44	,	,	PUNCT
cjfa-56744	99	45	top3nonpromit–1	top3nonpromit–1	PROPN
cjfa-56744	99	46	refers	refer	VERB
cjfa-56744	99	47	to	to	ADP
cjfa-56744	99	48	the	the	DET
cjfa-56744	99	49	sum	sum	NOUN
cjfa-56744	99	50	of	of	ADP
cjfa-56744	99	51	the	the	DET
cjfa-56744	99	52	percentage	percentage	NOUN
cjfa-56744	99	53	of	of	ADP
cjfa-56744	99	54	shares	share	NOUN
cjfa-56744	99	55	held	hold	VERB
cjfa-56744	99	56	by	by	ADP
cjfa-56744	99	57	top	top	ADJ
cjfa-56744	99	58	three	three	NUM
cjfa-56744	99	59	external	external	ADJ
cjfa-56744	99	60	blockholders	blockholder	NOUN
cjfa-56744	99	61	;	;	PUNCT
cjfa-56744	99	62	top3promit–1	top3promit–1	PRON
cjfa-56744	99	63	refers	refer	VERB
cjfa-56744	99	64	to	to	ADP
cjfa-56744	99	65	the	the	DET
cjfa-56744	99	66	sum	sum	NOUN
cjfa-56744	99	67	of	of	ADP
cjfa-56744	99	68	the	the	DET
cjfa-56744	99	69	percentage	percentage	NOUN
cjfa-56744	99	70	of	of	ADP
cjfa-56744	99	71	shares	share	NOUN
cjfa-56744	99	72	held	hold	VERB
cjfa-56744	99	73	by	by	ADP
cjfa-56744	99	74	top	top	ADJ
cjfa-56744	99	75	three	three	NUM
cjfa-56744	99	76	controlling	control	VERB
cjfa-56744	99	77	blockholders	blockholder	NOUN
cjfa-56744	99	78	.	.	PUNCT
cjfa-56744	100	1	equation	equation	NOUN
cjfa-56744	100	2	(	(	PUNCT
cjfa-56744	100	3	4	4	NUM
cjfa-56744	100	4	)	)	PUNCT
cjfa-56744	100	5	,	,	PUNCT
cjfa-56744	100	6	contestnonpromit–1	contestnonpromit–1	PROPN
cjfa-56744	100	7	as	as	ADP
cjfa-56744	100	8	the	the	DET
cjfa-56744	100	9	proxy	proxy	NOUN
cjfa-56744	100	10	for	for	ADP
cjfa-56744	100	11	the	the	DET
cjfa-56744	100	12	lack	lack	NOUN
cjfa-56744	100	13	of	of	ADP
cjfa-56744	100	14	contestability	contestability	NOUN
cjfa-56744	100	15	.	.	PUNCT
cjfa-56744	101	1	we	we	PRON
cjfa-56744	101	2	describe	describe	VERB
cjfa-56744	101	3	the	the	DET
cjfa-56744	101	4	difference	difference	NOUN
cjfa-56744	101	5	between	between	ADP
cjfa-56744	101	6	the	the	DET
cjfa-56744	101	7	largest	large	ADJ
cjfa-56744	101	8	and	and	CCONJ
cjfa-56744	101	9	second	second	ADV
cjfa-56744	101	10	-	-	PUNCT
cjfa-56744	101	11	largest	large	ADJ
cjfa-56744	101	12	external	external	ADJ
cjfa-56744	101	13	blockholders	blockholder	NOUN
cjfa-56744	101	14	as	as	ADP
cjfa-56744	101	15	their	their	PRON
cjfa-56744	101	16	sum	sum	NOUN
cjfa-56744	101	17	(	(	PUNCT
cjfa-56744	101	18	i.e.	i.e.	X
cjfa-56744	101	19	,	,	PUNCT
cjfa-56744	101	20	block1	block1	NOUN
cjfa-56744	101	21	(	(	PUNCT
cjfa-56744	101	22	-	-	SYM
cjfa-56744	101	23	)	)	PUNCT
cjfa-56744	101	24	block2	block2	PROPN
cjfa-56744	101	25	/	/	SYM
cjfa-56744	101	26	block1(+)block2	block1(+)block2	NOUN
cjfa-56744	101	27	)	)	PUNCT
cjfa-56744	101	28	.	.	PUNCT
cjfa-56744	102	1	the	the	PRON
cjfa-56744	102	2	higher	high	ADJ
cjfa-56744	102	3	the	the	DET
cjfa-56744	102	4	contestnonpromit–1	contestnonpromit–1	PROPN
cjfa-56744	102	5	value	value	NOUN
cjfa-56744	102	6	,	,	PUNCT
cjfa-56744	102	7	the	the	PRON
cjfa-56744	102	8	lower	low	ADJ
cjfa-56744	102	9	the	the	DET
cjfa-56744	102	10	capacity	capacity	NOUN
cjfa-56744	102	11	of	of	ADP
cjfa-56744	102	12	non	non	ADJ
cjfa-56744	102	13	-	-	ADJ
cjfa-56744	102	14	majority	majority	ADJ
cjfa-56744	102	15	block	block	NOUN
cjfa-56744	102	16	holders	holder	NOUN
cjfa-56744	102	17	to	to	PART
cjfa-56744	102	18	contest	contest	VERB
cjfa-56744	102	19	or	or	CCONJ
cjfa-56744	102	20	monitor	monitor	VERB
cjfa-56744	102	21	the	the	DET
cjfa-56744	102	22	controlling	control	VERB
cjfa-56744	102	23	block	block	NOUN
cjfa-56744	102	24	holder	holder	NOUN
cjfa-56744	102	25	.	.	PUNCT
cjfa-56744	103	1	the	the	DET
cjfa-56744	103	2	dominance	dominance	NOUN
cjfa-56744	103	3	of	of	ADP
cjfa-56744	103	4	promoters	promoter	NOUN
cjfa-56744	103	5	refers	refer	VERB
cjfa-56744	103	6	to	to	ADP
cjfa-56744	103	7	the	the	DET
cjfa-56744	103	8	difference	difference	NOUN
cjfa-56744	103	9	between	between	ADP
cjfa-56744	103	10	the	the	DET
cjfa-56744	103	11	largest	large	ADJ
cjfa-56744	103	12	and	and	CCONJ
cjfa-56744	103	13	second	second	ADV
cjfa-56744	103	14	-	-	PUNCT
cjfa-56744	103	15	largest	large	ADJ
cjfa-56744	103	16	controlling	controlling	NOUN
cjfa-56744	103	17	blockholding	blockholde	VERB
cjfa-56744	103	18	to	to	ADP
cjfa-56744	103	19	its	its	PRON
cjfa-56744	103	20	sum	sum	NOUN
cjfa-56744	103	21	(	(	PUNCT
cjfa-56744	103	22	i.e.	i.e.	X
cjfa-56744	103	23	,	,	PUNCT
cjfa-56744	103	24	block1(-)block2	block1(-)block2	PROPN
cjfa-56744	103	25	/	/	SYM
cjfa-56744	103	26	block1(+)block2	block1(+)block2	NOUN
cjfa-56744	103	27	)	)	PUNCT
cjfa-56744	103	28	.	.	PUNCT
cjfa-56744	104	1	the	the	PRON
cjfa-56744	104	2	higher	high	ADJ
cjfa-56744	104	3	the	the	DET
cjfa-56744	104	4	dompromit–1	dompromit–1	PROPN
cjfa-56744	104	5	value	value	NOUN
cjfa-56744	104	6	,	,	PUNCT
cjfa-56744	104	7	the	the	PRON
cjfa-56744	104	8	greater	great	ADJ
cjfa-56744	104	9	the	the	DET
cjfa-56744	104	10	dominance	dominance	NOUN
cjfa-56744	104	11	of	of	ADP
cjfa-56744	104	12	the	the	DET
cjfa-56744	104	13	individual	individual	ADJ
cjfa-56744	104	14	promoter	promoter	NOUN
cjfa-56744	104	15	.	.	PUNCT
cjfa-56744	105	1	all	all	DET
cjfa-56744	105	2	the	the	DET
cjfa-56744	105	3	remaining	remain	VERB
cjfa-56744	105	4	variables	variable	NOUN
cjfa-56744	105	5	in	in	ADP
cjfa-56744	105	6	equations	equation	NOUN
cjfa-56744	105	7	(	(	PUNCT
cjfa-56744	105	8	2	2	NUM
cjfa-56744	105	9	)	)	PUNCT
cjfa-56744	105	10	,	,	PUNCT
cjfa-56744	105	11	(	(	PUNCT
cjfa-56744	105	12	3	3	NUM
cjfa-56744	105	13	)	)	PUNCT
cjfa-56744	105	14	,	,	PUNCT
cjfa-56744	105	15	and	and	CCONJ
cjfa-56744	105	16	(	(	PUNCT
cjfa-56744	105	17	4	4	X
cjfa-56744	105	18	)	)	PUNCT
cjfa-56744	105	19	are	be	AUX
cjfa-56744	105	20	the	the	DET
cjfa-56744	105	21	same	same	ADJ
cjfa-56744	105	22	as	as	ADP
cjfa-56744	105	23	those	those	PRON
cjfa-56744	105	24	in	in	ADP
cjfa-56744	105	25	equations	equation	NOUN
cjfa-56744	105	26	(	(	PUNCT
cjfa-56744	105	27	1	1	NUM
cjfa-56744	105	28	)	)	PUNCT
cjfa-56744	105	29	.	.	PUNCT
cjfa-56744	106	1	rresults	rresult	NOUN
cjfa-56744	106	2	of	of	ADP
cjfa-56744	106	3	the	the	DET
cjfa-56744	106	4	analysisesults	analysisesult	NOUN
cjfa-56744	106	5	of	of	ADP
cjfa-56744	106	6	the	the	DET
cjfa-56744	106	7	analysis	analysis	NOUN
cjfa-56744	106	8	descriptive	descriptive	ADJ
cjfa-56744	106	9	statistics	statistic	NOUN
cjfa-56744	106	10	and	and	CCONJ
cjfa-56744	106	11	correlation	correlation	NOUN
cjfa-56744	106	12	analysisdescriptive	analysisdescriptive	ADJ
cjfa-56744	106	13	statistics	statistic	NOUN
cjfa-56744	106	14	and	and	CCONJ
cjfa-56744	106	15	correlation	correlation	NOUN
cjfa-56744	106	16	analysis	analysis	NOUN
cjfa-56744	106	17	srikanth	srikanth	PROPN
cjfa-56744	106	18	potharla9696	potharla9696	PROPN
cjfa-56744	106	19	ta	ta	X
cjfa-56744	106	20	bl	bl	VERB
cjfa-56744	106	21	e	e	PROPN
cjfa-56744	106	22	1	1	NUM
cjfa-56744	106	23	.	.	PUNCT
cjfa-56744	107	1	d	d	NOUN
cjfa-56744	107	2	es	es	X
cjfa-56744	107	3	cr	cr	NOUN
cjfa-56744	107	4	ip	ip	NOUN
cjfa-56744	107	5	ti	ti	NOUN
cjfa-56744	107	6	ve	ve	NOUN
cjfa-56744	107	7	s	s	VERB
cjfa-56744	107	8	ta	ta	X
cjfa-56744	107	9	ti	ti	PROPN
cjfa-56744	107	10	st	st	PROPN
cjfa-56744	107	11	ic	ic	PROPN
cjfa-56744	107	12	s	s	PROPN
cjfa-56744	107	13	va	va	PROPN
cjfa-56744	107	14	ri	ri	PROPN
cjfa-56744	107	15	ab	ab	PROPN
cjfa-56744	107	16	le	le	PROPN
cjfa-56744	107	17	n	n	PROPN
cjfa-56744	107	18	m	m	VERB
cjfa-56744	107	19	ea	ea	NOUN
cjfa-56744	107	20	n	n	CCONJ
cjfa-56744	107	21	m	m	PROPN
cjfa-56744	107	22	ed	ed	PROPN
cjfa-56744	107	23	ia	ia	PROPN
cjfa-56744	107	24	n	n	CCONJ
cjfa-56744	107	25	m	m	VERB
cjfa-56744	107	26	ax	ax	ADJ
cjfa-56744	108	1	i	i	PRON
cjfa-56744	108	2	m	m	VERB
cjfa-56744	108	3	um	um	INTJ
cjfa-56744	108	4	m	m	VERB
cjfa-56744	108	5	in	in	ADP
cjfa-56744	108	6	i	i	PRON
cjfa-56744	108	7	m	m	VERB
cjfa-56744	108	8	um	um	INTJ
cjfa-56744	108	9	st	st	PROPN
cjfa-56744	108	10	d	d	PROPN
cjfa-56744	108	11	d	d	PROPN
cjfa-56744	108	12	ev	ev	INTJ
cjfa-56744	108	13	sk	sk	PROPN
cjfa-56744	108	14	ew	ew	PROPN
cjfa-56744	108	15	ne	ne	PROPN
cjfa-56744	108	16	ss	ss	PROPN
cjfa-56744	108	17	ku	ku	PROPN
cjfa-56744	108	18	rt	rt	PROPN
cjfa-56744	108	19	os	os	PROPN
cjfa-56744	108	20	is	be	AUX
cjfa-56744	108	21	lo	lo	PROPN
cjfa-56744	108	22	gc	gc	PROPN
cjfa-56744	108	23	sr	sr	PROPN
cjfa-56744	108	24	it	it	PRON
cjfa-56744	108	25	93	93	NUM
cjfa-56744	108	26	88	88	NUM
cjfa-56744	108	27	15	15	NUM
cjfa-56744	108	28	.9	.9	NUM
cjfa-56744	108	29	21	21	NUM
cjfa-56744	108	30	15	15	NUM
cjfa-56744	108	31	.7	.7	NUM
cjfa-56744	108	32	18	18	NUM
cjfa-56744	108	33	23	23	NUM
cjfa-56744	108	34	.5	.5	NUM
cjfa-56744	108	35	40	40	NUM
cjfa-56744	108	36	11	11	NUM
cjfa-56744	108	37	.5	.5	NUM
cjfa-56744	108	38	13	13	NUM
cjfa-56744	108	39	1	1	NUM
cjfa-56744	108	40	.	.	PUNCT
cjfa-56744	108	41	97	97	NUM
cjfa-56744	108	42	2	2	NUM
cjfa-56744	108	43	0	0	NUM
cjfa-56744	108	44	.	.	PUNCT
cjfa-56744	109	1	46	46	NUM
cjfa-56744	109	2	1	1	NUM
cjfa-56744	109	3	0	0	NUM
cjfa-56744	109	4	.	.	NOUN
cjfa-56744	109	5	13	13	NUM
cjfa-56744	109	6	8	8	NUM
cjfa-56744	109	7	to	to	PART
cjfa-56744	109	8	pn	pn	VERB
cjfa-56744	109	9	o	o	PROPN
cjfa-56744	109	10	n	n	ADV
cjfa-56744	109	11	pr	pr	NOUN
cjfa-56744	109	12	o	o	NOUN
cjfa-56744	109	13	m	m	VERB
cjfa-56744	109	14	93	93	NUM
cjfa-56744	109	15	88	88	NUM
cjfa-56744	109	16	5	5	NUM
cjfa-56744	109	17	.	.	PUNCT
cjfa-56744	109	18	96	96	NUM
cjfa-56744	109	19	7	7	NUM
cjfa-56744	109	20	4	4	NUM
cjfa-56744	109	21	.	.	PUNCT
cjfa-56744	110	1	82	82	NUM
cjfa-56744	110	2	0	0	NUM
cjfa-56744	110	3	48	48	NUM
cjfa-56744	110	4	.2	.2	NUM
cjfa-56744	110	5	10	10	NUM
cjfa-56744	110	6	0	0	NUM
cjfa-56744	110	7	.	.	PUNCT
cjfa-56744	110	8	01	01	NUM
cjfa-56744	110	9	2	2	NUM
cjfa-56744	110	10	4	4	NUM
cjfa-56744	110	11	.	.	PUNCT
cjfa-56744	110	12	62	62	NUM
cjfa-56744	110	13	8	8	NUM
cjfa-56744	110	14	2	2	NUM
cjfa-56744	110	15	.	.	NOUN
cjfa-56744	110	16	35	35	NUM
cjfa-56744	110	17	7	7	NUM
cjfa-56744	110	18	8	8	NUM
cjfa-56744	110	19	.	.	PUNCT
cjfa-56744	110	20	72	72	NUM
cjfa-56744	110	21	1	1	NUM
cjfa-56744	110	22	to	to	PART
cjfa-56744	110	23	p5	p5	VERB
cjfa-56744	110	24	n	n	CCONJ
cjfa-56744	110	25	o	o	NOUN
cjfa-56744	110	26	n	n	ADV
cjfa-56744	110	27	pr	pr	NOUN
cjfa-56744	110	28	o	o	NOUN
cjfa-56744	110	29	m	m	VERB
cjfa-56744	110	30	93	93	NUM
cjfa-56744	110	31	88	88	NUM
cjfa-56744	110	32	13	13	NUM
cjfa-56744	110	33	.8	.8	NUM
cjfa-56744	110	34	71	71	NUM
cjfa-56744	110	35	12	12	NUM
cjfa-56744	110	36	.4	.4	NUM
cjfa-56744	110	37	00	00	NUM
cjfa-56744	111	1	75	75	NUM
cjfa-56744	111	2	.4	.4	NUM
cjfa-56744	111	3	60	60	NUM
cjfa-56744	111	4	0	0	NUM
cjfa-56744	111	5	.	.	PUNCT
cjfa-56744	112	1	02	02	NUM
cjfa-56744	112	2	3	3	NUM
cjfa-56744	112	3	8	8	NUM
cjfa-56744	112	4	.	.	PUNCT
cjfa-56744	113	1	66	66	NUM
cjfa-56744	113	2	8	8	NUM
cjfa-56744	113	3	1	1	NUM
cjfa-56744	113	4	.	.	PUNCT
cjfa-56744	113	5	33	33	NUM
cjfa-56744	113	6	1	1	NUM
cjfa-56744	113	7	3	3	NUM
cjfa-56744	113	8	.	.	NOUN
cjfa-56744	113	9	27	27	NUM
cjfa-56744	113	10	3	3	NUM
cjfa-56744	113	11	to	to	AUX
cjfa-56744	113	12	p3	p3	VERB
cjfa-56744	113	13	n	n	CCONJ
cjfa-56744	113	14	o	o	NOUN
cjfa-56744	113	15	n	n	ADV
cjfa-56744	113	16	pr	pr	NOUN
cjfa-56744	114	1	o	o	NOUN
cjfa-56744	114	2	m	m	VERB
cjfa-56744	114	3	93	93	NUM
cjfa-56744	114	4	88	88	NUM
cjfa-56744	114	5	11	11	NUM
cjfa-56744	114	6	.2	.2	NUM
cjfa-56744	114	7	59	59	NUM
cjfa-56744	114	8	9	9	NUM
cjfa-56744	114	9	.	.	NUM
cjfa-56744	114	10	89	89	NUM
cjfa-56744	114	11	0	0	NUM
cjfa-56744	114	12	64	64	NUM
cjfa-56744	114	13	.1	.1	NUM
cjfa-56744	114	14	40	40	NUM
cjfa-56744	114	15	0	0	NUM
cjfa-56744	114	16	.	.	PUNCT
cjfa-56744	115	1	01	01	NUM
cjfa-56744	115	2	8	8	NUM
cjfa-56744	115	3	7	7	NUM
cjfa-56744	115	4	.	.	NUM
cjfa-56744	115	5	24	24	NUM
cjfa-56744	115	6	1	1	NUM
cjfa-56744	115	7	1	1	NUM
cjfa-56744	115	8	.	.	PUNCT
cjfa-56744	115	9	62	62	NUM
cjfa-56744	115	10	1	1	NUM
cjfa-56744	115	11	4	4	NUM
cjfa-56744	115	12	.	.	X
cjfa-56744	115	13	53	53	NUM
cjfa-56744	115	14	1	1	NUM
cjfa-56744	115	15	co	co	NOUN
cjfa-56744	115	16	n	n	PROPN
cjfa-56744	115	17	te	te	PROPN
cjfa-56744	115	18	st	st	PROPN
cjfa-56744	115	19	n	n	ADP
cjfa-56744	115	20	o	o	NOUN
cjfa-56744	115	21	n	n	ADV
cjfa-56744	115	22	pr	pr	NOUN
cjfa-56744	115	23	o	o	NOUN
cjfa-56744	115	24	m	m	VERB
cjfa-56744	115	25	93	93	NUM
cjfa-56744	115	26	88	88	NUM
cjfa-56744	115	27	0	0	NUM
cjfa-56744	115	28	.	.	PUNCT
cjfa-56744	116	1	28	28	NUM
cjfa-56744	116	2	0	0	NUM
cjfa-56744	116	3	0	0	NUM
cjfa-56744	116	4	.	.	NUM
cjfa-56744	116	5	21	21	NUM
cjfa-56744	116	6	6	6	NUM
cjfa-56744	116	7	1	1	NUM
cjfa-56744	116	8	.	.	PUNCT
cjfa-56744	116	9	00	00	NUM
cjfa-56744	116	10	0	0	NUM
cjfa-56744	116	11	0	0	NUM
cjfa-56744	116	12	.	.	PUNCT
cjfa-56744	116	13	01	01	NUM
cjfa-56744	116	14	1	1	NUM
cjfa-56744	116	15	0	0	NUM
cjfa-56744	116	16	.	.	NOUN
cjfa-56744	116	17	24	24	NUM
cjfa-56744	116	18	5	5	NUM
cjfa-56744	116	19	1	1	NUM
cjfa-56744	116	20	.	.	PUNCT
cjfa-56744	116	21	02	02	NUM
cjfa-56744	116	22	4	4	NUM
cjfa-56744	116	23	0	0	NUM
cjfa-56744	116	24	.	.	NOUN
cjfa-56744	116	25	44	44	NUM
cjfa-56744	116	26	7	7	NUM
cjfa-56744	116	27	to	to	PART
cjfa-56744	116	28	pp	pp	PROPN
cjfa-56744	116	29	ro	ro	PROPN
cjfa-56744	116	30	m	m	PROPN
cjfa-56744	116	31	93	93	NUM
cjfa-56744	116	32	88	88	NUM
cjfa-56744	116	33	33	33	NUM
cjfa-56744	116	34	.6	.6	NUM
cjfa-56744	116	35	17	17	NUM
cjfa-56744	116	36	28	28	NUM
cjfa-56744	116	37	.9	.9	NUM
cjfa-56744	116	38	25	25	NUM
cjfa-56744	116	39	99	99	NUM
cjfa-56744	116	40	.0	.0	NUM
cjfa-56744	116	41	30	30	NUM
cjfa-56744	116	42	0	0	NUM
cjfa-56744	116	43	.	.	PUNCT
cjfa-56744	117	1	01	01	NUM
cjfa-56744	117	2	0	0	NUM
cjfa-56744	117	3	19	19	NUM
cjfa-56744	117	4	.8	.8	NUM
cjfa-56744	117	5	37	37	NUM
cjfa-56744	117	6	0	0	NUM
cjfa-56744	117	7	.	.	PROPN
cjfa-56744	118	1	64	64	NUM
cjfa-56744	118	2	2	2	NUM
cjfa-56744	118	3	-0	-0	SYM
cjfa-56744	118	4	.4	.4	NUM
cjfa-56744	118	5	90	90	NUM
cjfa-56744	118	6	to	to	PART
cjfa-56744	118	7	p5	p5	VERB
cjfa-56744	118	8	pr	pr	ADP
cjfa-56744	118	9	o	o	NOUN
cjfa-56744	118	10	m	m	VERB
cjfa-56744	118	11	93	93	NUM
cjfa-56744	118	12	88	88	NUM
cjfa-56744	118	13	54	54	NUM
cjfa-56744	118	14	.8	.8	NUM
cjfa-56744	118	15	66	66	NUM
cjfa-56744	118	16	55	55	NUM
cjfa-56744	118	17	.0	.0	NUM
cjfa-56744	118	18	70	70	NUM
cjfa-56744	118	19	17	17	NUM
cjfa-56744	118	20	5	5	NUM
cjfa-56744	118	21	.	.	PUNCT
cjfa-56744	119	1	86	86	NUM
cjfa-56744	119	2	0	0	NUM
cjfa-56744	119	3	0	0	NUM
cjfa-56744	119	4	.	.	PUNCT
cjfa-56744	120	1	01	01	NUM
cjfa-56744	120	2	0	0	NUM
cjfa-56744	120	3	18	18	NUM
cjfa-56744	120	4	.8	.8	NUM
cjfa-56744	120	5	20	20	NUM
cjfa-56744	120	6	0	0	NUM
cjfa-56744	120	7	.	.	PUNCT
cjfa-56744	121	1	55	55	NUM
cjfa-56744	121	2	7	7	NUM
cjfa-56744	121	3	3	3	NUM
cjfa-56744	121	4	.	.	PUNCT
cjfa-56744	121	5	00	00	NUM
cjfa-56744	121	6	2	2	NUM
cjfa-56744	121	7	to	to	PART
cjfa-56744	121	8	p3	p3	VERB
cjfa-56744	121	9	pr	pr	VERB
cjfa-56744	122	1	o	o	NOUN
cjfa-56744	122	2	m	m	VERB
cjfa-56744	122	3	93	93	NUM
cjfa-56744	122	4	88	88	NUM
cjfa-56744	122	5	49	49	NUM
cjfa-56744	122	6	.6	.6	NUM
cjfa-56744	122	7	11	11	NUM
cjfa-56744	122	8	49	49	NUM
cjfa-56744	122	9	.7	.7	NUM
cjfa-56744	122	10	70	70	NUM
cjfa-56744	122	11	15	15	NUM
cjfa-56744	122	12	0	0	NUM
cjfa-56744	122	13	.	.	PUNCT
cjfa-56744	122	14	00	00	NUM
cjfa-56744	122	15	0	0	NUM
cjfa-56744	122	16	0	0	NUM
cjfa-56744	122	17	.	.	PUNCT
cjfa-56744	123	1	01	01	NUM
cjfa-56744	123	2	0	0	NUM
cjfa-56744	123	3	19	19	NUM
cjfa-56744	123	4	.3	.3	NUM
cjfa-56744	123	5	42	42	NUM
cjfa-56744	123	6	0	0	NUM
cjfa-56744	123	7	.	.	X
cjfa-56744	123	8	44	44	NUM
cjfa-56744	123	9	5	5	NUM
cjfa-56744	123	10	1	1	NUM
cjfa-56744	123	11	.	.	PUNCT
cjfa-56744	123	12	46	46	NUM
cjfa-56744	123	13	3	3	NUM
cjfa-56744	124	1	d	d	NOUN
cjfa-56744	124	2	o	o	NOUN
cjfa-56744	124	3	m	m	VERB
cjfa-56744	124	4	pr	pr	INTJ
cjfa-56744	124	5	o	o	NOUN
cjfa-56744	124	6	m	m	VERB
cjfa-56744	124	7	93	93	NUM
cjfa-56744	124	8	88	88	NUM
cjfa-56744	124	9	0	0	NUM
cjfa-56744	124	10	.	.	PUNCT
cjfa-56744	125	1	44	44	NUM
cjfa-56744	125	2	5	5	NUM
cjfa-56744	125	3	0	0	NUM
cjfa-56744	125	4	.	.	PUNCT
cjfa-56744	126	1	37	37	NUM
cjfa-56744	126	2	0	0	NUM
cjfa-56744	126	3	1	1	NUM
cjfa-56744	126	4	.	.	PUNCT
cjfa-56744	126	5	00	00	NUM
cjfa-56744	126	6	0	0	NUM
cjfa-56744	126	7	0	0	NUM
cjfa-56744	126	8	.	.	PUNCT
cjfa-56744	126	9	00	00	NUM
cjfa-56744	127	1	0	0	NUM
cjfa-56744	127	2	0	0	NUM
cjfa-56744	127	3	.	.	NOUN
cjfa-56744	127	4	35	35	NUM
cjfa-56744	127	5	9	9	NUM
cjfa-56744	127	6	0	0	NUM
cjfa-56744	127	7	.	.	PUNCT
cjfa-56744	128	1	31	31	NUM
cjfa-56744	128	2	9	9	NUM
cjfa-56744	128	3	-1	-1	SYM
cjfa-56744	128	4	.3	.3	NUM
cjfa-56744	128	5	69	69	NUM
cjfa-56744	128	6	ro	ro	NOUN
cjfa-56744	128	7	a	a	DET
cjfa-56744	128	8	93	93	NUM
cjfa-56744	128	9	88	88	NUM
cjfa-56744	128	10	6	6	NUM
cjfa-56744	128	11	.	.	PUNCT
cjfa-56744	129	1	41	41	NUM
cjfa-56744	129	2	1	1	NUM
cjfa-56744	129	3	5	5	NUM
cjfa-56744	129	4	.	.	NOUN
cjfa-56744	130	1	20	20	NUM
cjfa-56744	130	2	0	0	NUM
cjfa-56744	130	3	59	59	NUM
cjfa-56744	130	4	2	2	NUM
cjfa-56744	130	5	.	.	X
cjfa-56744	131	1	92	92	NUM
cjfa-56744	131	2	0	0	NUM
cjfa-56744	131	3	-9	-9	PROPN
cjfa-56744	131	4	7	7	NUM
cjfa-56744	131	5	.	.	X
cjfa-56744	131	6	51	51	NUM
cjfa-56744	131	7	0	0	NUM
cjfa-56744	131	8	10	10	NUM
cjfa-56744	131	9	.0	.0	NUM
cjfa-56744	131	10	31	31	NUM
cjfa-56744	131	11	21	21	NUM
cjfa-56744	131	12	.7	.7	NUM
cjfa-56744	131	13	99	99	NUM
cjfa-56744	131	14	9	9	NUM
cjfa-56744	131	15	.	.	X
cjfa-56744	131	16	25	25	NUM
cjfa-56744	131	17	4	4	NUM
cjfa-56744	131	18	de	de	NOUN
cjfa-56744	131	19	bt	bt	NOUN
cjfa-56744	131	20	93	93	NUM
cjfa-56744	131	21	88	88	NUM
cjfa-56744	131	22	0	0	NUM
cjfa-56744	131	23	.	.	PUNCT
cjfa-56744	131	24	89	89	NUM
cjfa-56744	131	25	9	9	NUM
cjfa-56744	131	26	0	0	NUM
cjfa-56744	131	27	.	.	NOUN
cjfa-56744	131	28	30	30	NUM
cjfa-56744	131	29	0	0	NUM
cjfa-56744	131	30	62	62	NUM
cjfa-56744	131	31	9	9	NUM
cjfa-56744	131	32	.	.	PUNCT
cjfa-56744	131	33	11	11	NUM
cjfa-56744	131	34	0	0	NUM
cjfa-56744	131	35	0	0	NUM
cjfa-56744	131	36	.	.	PUNCT
cjfa-56744	131	37	00	00	NUM
cjfa-56744	131	38	0	0	NUM
cjfa-56744	131	39	9	9	NUM
cjfa-56744	131	40	.	.	X
cjfa-56744	131	41	74	74	NUM
cjfa-56744	131	42	8	8	NUM
cjfa-56744	131	43	53	53	NUM
cjfa-56744	131	44	.3	.3	NUM
cjfa-56744	131	45	01	01	NUM
cjfa-56744	131	46	9	9	NUM
cjfa-56744	131	47	.	.	NOUN
cjfa-56744	131	48	12	12	NUM
cjfa-56744	131	49	5	5	NUM
cjfa-56744	131	50	ag	ag	PROPN
cjfa-56744	131	51	e	e	PROPN
cjfa-56744	131	52	93	93	NUM
cjfa-56744	131	53	88	88	NUM
cjfa-56744	131	54	37	37	NUM
cjfa-56744	131	55	.8	.8	NUM
cjfa-56744	131	56	99	99	NUM
cjfa-56744	131	57	33	33	NUM
cjfa-56744	131	58	.0	.0	NUM
cjfa-56744	131	59	00	00	NUM
cjfa-56744	131	60	15	15	NUM
cjfa-56744	131	61	9	9	NUM
cjfa-56744	131	62	.	.	PUNCT
cjfa-56744	131	63	00	00	NUM
cjfa-56744	131	64	0	0	NUM
cjfa-56744	131	65	2	2	NUM
cjfa-56744	131	66	.	.	NUM
cjfa-56744	131	67	00	00	NUM
cjfa-56744	131	68	0	0	NUM
cjfa-56744	132	1	21	21	NUM
cjfa-56744	132	2	.4	.4	NUM
cjfa-56744	132	3	73	73	NUM
cjfa-56744	132	4	1	1	NUM
cjfa-56744	132	5	.	.	PUNCT
cjfa-56744	132	6	45	45	NUM
cjfa-56744	132	7	9	9	NUM
cjfa-56744	132	8	2	2	NUM
cjfa-56744	132	9	.	.	PUNCT
cjfa-56744	132	10	70	70	NUM
cjfa-56744	132	11	9	9	NUM
cjfa-56744	132	12	in	in	ADP
cjfa-56744	132	13	d	d	PROPN
cjfa-56744	132	14	cs	cs	PROPN
cjfa-56744	132	15	r	r	NOUN
cjfa-56744	132	16	93	93	NUM
cjfa-56744	132	17	88	88	NUM
cjfa-56744	132	18	17	17	NUM
cjfa-56744	132	19	.5	.5	NUM
cjfa-56744	132	20	20	20	NUM
cjfa-56744	132	21	17	17	NUM
cjfa-56744	132	22	.4	.4	NUM
cjfa-56744	132	23	08	08	NUM
cjfa-56744	132	24	21	21	NUM
cjfa-56744	132	25	.8	.8	NUM
cjfa-56744	132	26	93	93	NUM
cjfa-56744	132	27	12	12	NUM
cjfa-56744	132	28	.2	.2	NUM
cjfa-56744	132	29	06	06	NUM
cjfa-56744	132	30	1	1	NUM
cjfa-56744	132	31	.	.	NOUN
cjfa-56744	132	32	09	09	NUM
cjfa-56744	132	33	6	6	NUM
cjfa-56744	132	34	0	0	NUM
cjfa-56744	132	35	.	.	PUNCT
cjfa-56744	133	1	37	37	NUM
cjfa-56744	133	2	1	1	NUM
cjfa-56744	133	3	0	0	NUM
cjfa-56744	133	4	.	.	NOUN
cjfa-56744	133	5	85	85	NUM
cjfa-56744	133	6	8	8	NUM
cjfa-56744	133	7	s	s	NOUN
cjfa-56744	133	8	o	o	X
cjfa-56744	133	9	u	u	NOUN
cjfa-56744	133	10	rc	rc	PROPN
cjfa-56744	133	11	e	e	PROPN
cjfa-56744	133	12	:	:	PUNCT
cjfa-56744	133	13	a	a	DET
cjfa-56744	133	14	ut	ut	PROPN
cjfa-56744	133	15	ho	ho	PROPN
cjfa-56744	133	16	r	r	PROPN
cjfa-56744	133	17	’s	’s	PART
cjfa-56744	133	18	c	c	NOUN
cjfa-56744	133	19	al	al	PROPN
cjfa-56744	133	20	cu	cu	PROPN
cjfa-56744	133	21	la	la	PROPN
cjfa-56744	133	22	tio	tio	PROPN
cjfa-56744	134	1	ns	ns	INTJ
cjfa-56744	134	2	.	.	PUNCT
cjfa-56744	135	1	does	do	AUX
cjfa-56744	135	2	blockholders	blockholder	NOUN
cjfa-56744	135	3	’	’	PART
cjfa-56744	135	4	concentration	concentration	NOUN
cjfa-56744	135	5	influence	influence	NOUN
cjfa-56744	135	6	spending	spending	NOUN
cjfa-56744	135	7	…	…	PUNCT
cjfa-56744	135	8	9797	9797	NUM
cjfa-56744	135	9	table	table	NOUN
cjfa-56744	135	10	2(a	2(a	NUM
cjfa-56744	135	11	)	)	PUNCT
cjfa-56744	135	12	.	.	PUNCT
cjfa-56744	136	1	correlation	correlation	NOUN
cjfa-56744	136	2	analysis	analysis	NOUN
cjfa-56744	136	3	csrit	csrit	NOUN
cjfa-56744	136	4	top	top	ADJ
cjfa-56744	136	5	nonpromit	nonpromit	ADJ
cjfa-56744	136	6	top5	top5	PROPN
cjfa-56744	136	7	nonpromit	nonpromit	PROPN
cjfa-56744	136	8	top3	top3	PROPN
cjfa-56744	136	9	nonpromit	nonpromit	PROPN
cjfa-56744	136	10	contest	contest	PROPN
cjfa-56744	136	11	nonpromit	nonpromit	ADJ
cjfa-56744	136	12	top	top	ADJ
cjfa-56744	136	13	promit	promit	NOUN
cjfa-56744	136	14	top5	top5	PROPN
cjfa-56744	136	15	promit	promit	NOUN
cjfa-56744	136	16	csrit	csrit	NOUN
cjfa-56744	136	17	1	1	NUM
cjfa-56744	136	18	topnonpromit	topnonpromit	VERB
cjfa-56744	136	19	0.090	0.090	NUM
cjfa-56744	136	20	*	*	SYM
cjfa-56744	136	21	1	1	NUM
cjfa-56744	136	22	top5nonpromit	top5nonpromit	NUM
cjfa-56744	136	23	0.082	0.082	NUM
cjfa-56744	136	24	*	*	NUM
cjfa-56744	136	25	0.838	0.838	NUM
cjfa-56744	136	26	*	*	SYM
cjfa-56744	136	27	1	1	NUM
cjfa-56744	136	28	top3nonpromit	top3nonpromit	NOUN
cjfa-56744	136	29	0.079	0.079	NUM
cjfa-56744	136	30	*	*	NUM
cjfa-56744	136	31	0.909	0.909	NUM
cjfa-56744	136	32	*	*	SYM
cjfa-56744	136	33	0.978	0.978	NUM
cjfa-56744	136	34	*	*	SYM
cjfa-56744	136	35	1	1	NUM
cjfa-56744	136	36	contest	contest	NOUN
cjfa-56744	136	37	nonpromit	nonpromit	NOUN
cjfa-56744	136	38	0.036	0.036	NUM
cjfa-56744	136	39	*	*	SYM
cjfa-56744	136	40	0.365	0.365	NUM
cjfa-56744	136	41	*	*	PUNCT
cjfa-56744	137	1	-0.063	-0.063	PUNCT
cjfa-56744	137	2	*	*	PUNCT
cjfa-56744	137	3	0.031	0.031	NUM
cjfa-56744	137	4	*	*	SYM
cjfa-56744	137	5	1	1	NUM
cjfa-56744	137	6	toppromit	toppromit	NOUN
cjfa-56744	137	7	0.163	0.163	NUM
cjfa-56744	137	8	*	*	NOUN
cjfa-56744	137	9	-0.146	-0.146	PROPN
cjfa-56744	137	10	*	*	PUNCT
cjfa-56744	137	11	-0.278	-0.278	PROPN
cjfa-56744	137	12	*	*	X
cjfa-56744	137	13	-0.240	-0.240	NOUN
cjfa-56744	137	14	*	*	NOUN
cjfa-56744	137	15	0.151	0.151	NUM
cjfa-56744	137	16	*	*	SYM
cjfa-56744	137	17	1	1	NUM
cjfa-56744	137	18	top5promit	top5promit	PROPN
cjfa-56744	137	19	-0.030	-0.030	PROPN
cjfa-56744	137	20	*	*	PUNCT
cjfa-56744	137	21	-0.266	-0.266	PUNCT
cjfa-56744	137	22	*	*	PUNCT
cjfa-56744	137	23	-0.417	-0.417	PROPN
cjfa-56744	137	24	*	*	PUNCT
cjfa-56744	137	25	-0.371	-0.371	X
cjfa-56744	137	26	*	*	X
cjfa-56744	137	27	0.142	0.142	NUM
cjfa-56744	137	28	*	*	NOUN
cjfa-56744	137	29	0.723	0.723	NUM
cjfa-56744	137	30	*	*	SYM
cjfa-56744	137	31	1	1	NUM
cjfa-56744	137	32	note	note	NOUN
cjfa-56744	137	33	:	:	PUNCT
cjfa-56744	137	34	*	*	PUNCT
cjfa-56744	137	35	indicates	indicate	VERB
cjfa-56744	137	36	the	the	DET
cjfa-56744	137	37	level	level	NOUN
cjfa-56744	137	38	of	of	ADP
cjfa-56744	137	39	significance	significance	NOUN
cjfa-56744	137	40	at	at	ADP
cjfa-56744	137	41	5	5	NUM
cjfa-56744	137	42	percent	percent	NOUN
cjfa-56744	137	43	.	.	PUNCT
cjfa-56744	138	1	s	s	PART
cjfa-56744	138	2	o	o	X
cjfa-56744	138	3	u	u	NOUN
cjfa-56744	138	4	r	r	NOUN
cjfa-56744	138	5	c	c	NOUN
cjfa-56744	138	6	e	e	NOUN
cjfa-56744	138	7	:	:	PUNCT
cjfa-56744	138	8	author	author	PROPN
cjfa-56744	138	9	’s	’s	PART
cjfa-56744	138	10	calculations	calculation	NOUN
cjfa-56744	138	11	.	.	PUNCT
cjfa-56744	139	1	table	table	NOUN
cjfa-56744	139	2	2(b	2(b	NUM
cjfa-56744	139	3	)	)	PUNCT
cjfa-56744	139	4	.	.	PUNCT
cjfa-56744	140	1	correlation	correlation	NOUN
cjfa-56744	140	2	analysis	analysis	NOUN
cjfa-56744	140	3	top3	top3	NOUN
cjfa-56744	140	4	promit	promit	NOUN
cjfa-56744	140	5	dom	dom	PROPN
cjfa-56744	140	6	promit	promit	PROPN
cjfa-56744	140	7	roait	roait	PROPN
cjfa-56744	140	8	debtit	debtit	PROPN
cjfa-56744	140	9	ageit	ageit	PROPN
cjfa-56744	140	10	indcsrit	indcsrit	NOUN
cjfa-56744	140	11	top3promit	top3promit	PROPN
cjfa-56744	140	12	1	1	NUM
cjfa-56744	140	13	dompromit	dompromit	VERB
cjfa-56744	140	14	0.285	0.285	NUM
cjfa-56744	140	15	*	*	SYM
cjfa-56744	140	16	1	1	NUM
cjfa-56744	140	17	roait	roait	NOUN
cjfa-56744	140	18	0.036	0.036	NUM
cjfa-56744	140	19	*	*	PUNCT
cjfa-56744	140	20	-0.028	-0.028	PROPN
cjfa-56744	140	21	*	*	SYM
cjfa-56744	140	22	1	1	NUM
cjfa-56744	140	23	debtit	debtit	NOUN
cjfa-56744	140	24	0.017	0.017	NUM
cjfa-56744	140	25	0.026	0.026	NUM
cjfa-56744	140	26	*	*	SYM
cjfa-56744	140	27	-0.060	-0.060	NOUN
cjfa-56744	140	28	*	*	SYM
cjfa-56744	140	29	1	1	NUM
cjfa-56744	140	30	ageit	ageit	NOUN
cjfa-56744	140	31	0.034	0.034	NUM
cjfa-56744	140	32	*	*	NUM
cjfa-56744	140	33	0.099	0.099	NUM
cjfa-56744	140	34	*	*	PUNCT
cjfa-56744	140	35	-0.046	-0.046	PROPN
cjfa-56744	140	36	*	*	PROPN
cjfa-56744	140	37	0.002	0.002	NUM
cjfa-56744	140	38	1	1	NUM
cjfa-56744	140	39	indcsrit	indcsrit	NOUN
cjfa-56744	140	40	0.023	0.023	NUM
cjfa-56744	140	41	*	*	NOUN
cjfa-56744	140	42	0.139	0.139	NUM
cjfa-56744	140	43	*	*	SYM
cjfa-56744	140	44	0.041	0.041	NUM
cjfa-56744	140	45	*	*	PUNCT
cjfa-56744	140	46	-0.004	-0.004	PUNCT
cjfa-56744	140	47	0.022	0.022	NUM
cjfa-56744	140	48	*	*	SYM
cjfa-56744	140	49	1	1	NUM
cjfa-56744	140	50	note	note	NOUN
cjfa-56744	140	51	:	:	PUNCT
cjfa-56744	140	52	*	*	PUNCT
cjfa-56744	140	53	indicates	indicate	VERB
cjfa-56744	140	54	the	the	DET
cjfa-56744	140	55	level	level	NOUN
cjfa-56744	140	56	of	of	ADP
cjfa-56744	140	57	significance	significance	NOUN
cjfa-56744	140	58	at	at	ADP
cjfa-56744	140	59	5	5	NUM
cjfa-56744	140	60	percent	percent	NOUN
cjfa-56744	140	61	.	.	PUNCT
cjfa-56744	141	1	s	s	PART
cjfa-56744	141	2	o	o	X
cjfa-56744	141	3	u	u	NOUN
cjfa-56744	141	4	r	r	NOUN
cjfa-56744	141	5	c	c	NOUN
cjfa-56744	141	6	e	e	NOUN
cjfa-56744	141	7	:	:	PUNCT
cjfa-56744	141	8	author	author	PROPN
cjfa-56744	141	9	’s	’s	PART
cjfa-56744	141	10	calculations	calculation	NOUN
cjfa-56744	141	11	.	.	PUNCT
cjfa-56744	142	1	table	table	NOUN
cjfa-56744	142	2	1	1	NUM
cjfa-56744	142	3	presents	present	VERB
cjfa-56744	142	4	descriptive	descriptive	ADJ
cjfa-56744	142	5	statistics	statistic	NOUN
cjfa-56744	142	6	of	of	ADP
cjfa-56744	142	7	the	the	DET
cjfa-56744	142	8	variables	variable	NOUN
cjfa-56744	142	9	used	use	VERB
cjfa-56744	142	10	in	in	ADP
cjfa-56744	142	11	the	the	DET
cjfa-56744	142	12	empirical	empirical	ADJ
cjfa-56744	142	13	model	model	NOUN
cjfa-56744	142	14	.	.	PUNCT
cjfa-56744	143	1	the	the	DET
cjfa-56744	143	2	mean	mean	ADJ
cjfa-56744	143	3	logcsrit	logcsrit	NOUN
cjfa-56744	143	4	value	value	NOUN
cjfa-56744	143	5	was	be	AUX
cjfa-56744	143	6	15.921	15.921	NUM
cjfa-56744	143	7	,	,	PUNCT
cjfa-56744	143	8	with	with	ADP
cjfa-56744	143	9	a	a	DET
cjfa-56744	143	10	standard	standard	ADJ
cjfa-56744	143	11	deviation	deviation	NOUN
cjfa-56744	143	12	of	of	ADP
cjfa-56744	143	13	1.972	1.972	NUM
cjfa-56744	143	14	.	.	PUNCT
cjfa-56744	144	1	the	the	DET
cjfa-56744	144	2	skewness	skewness	NOUN
cjfa-56744	144	3	and	and	CCONJ
cjfa-56744	144	4	kurtosis	kurtosis	VERB
cjfa-56744	144	5	values	value	NOUN
cjfa-56744	144	6	for	for	ADP
cjfa-56744	144	7	the	the	DET
cjfa-56744	144	8	logcsrit	logcsrit	NOUN
cjfa-56744	144	9	were	be	AUX
cjfa-56744	144	10	0.461	0.461	NUM
cjfa-56744	144	11	and	and	CCONJ
cjfa-56744	144	12	0.138	0.138	NUM
cjfa-56744	144	13	,	,	PUNCT
cjfa-56744	144	14	respectively	respectively	ADV
cjfa-56744	144	15	.	.	PUNCT
cjfa-56744	145	1	the	the	DET
cjfa-56744	145	2	mean	mean	ADJ
cjfa-56744	145	3	value	value	NOUN
cjfa-56744	145	4	of	of	ADP
cjfa-56744	145	5	the	the	DET
cjfa-56744	145	6	largest	large	ADJ
cjfa-56744	145	7	external	external	ADJ
cjfa-56744	145	8	blockholding	blockholde	VERB
cjfa-56744	145	9	(	(	PUNCT
cjfa-56744	145	10	topnonprom	topnonprom	NOUN
cjfa-56744	145	11	)	)	PUNCT
cjfa-56744	145	12	is	be	AUX
cjfa-56744	145	13	5.967	5.967	NUM
cjfa-56744	145	14	,	,	PUNCT
cjfa-56744	145	15	with	with	ADP
cjfa-56744	145	16	a	a	DET
cjfa-56744	145	17	standard	standard	ADJ
cjfa-56744	145	18	deviation	deviation	NOUN
cjfa-56744	145	19	of	of	ADP
cjfa-56744	145	20	4.628	4.628	NUM
cjfa-56744	145	21	.	.	PUNCT
cjfa-56744	146	1	the	the	DET
cjfa-56744	146	2	top	top	ADJ
cjfa-56744	146	3	five	five	NUM
cjfa-56744	146	4	external	external	ADJ
cjfa-56744	146	5	block	block	NOUN
cjfa-56744	146	6	holdings	holding	NOUN
cjfa-56744	146	7	(	(	PUNCT
cjfa-56744	146	8	top5nonprom	top5nonprom	NOUN
cjfa-56744	146	9	)	)	PUNCT
cjfa-56744	146	10	have	have	VERB
cjfa-56744	146	11	a	a	DET
cjfa-56744	146	12	mean	mean	ADJ
cjfa-56744	146	13	value	value	NOUN
cjfa-56744	146	14	of	of	ADP
cjfa-56744	146	15	13.871	13.871	NUM
cjfa-56744	146	16	and	and	CCONJ
cjfa-56744	146	17	a	a	DET
cjfa-56744	146	18	standard	standard	ADJ
cjfa-56744	146	19	devi	devi	PROPN
cjfa-56744	146	20	srikanth	srikanth	PROPN
cjfa-56744	146	21	potharla9898	potharla9898	PROPN
cjfa-56744	146	22	ation	ation	NOUN
cjfa-56744	146	23	of	of	ADP
cjfa-56744	146	24	8.668	8.668	NUM
cjfa-56744	146	25	.	.	PUNCT
cjfa-56744	147	1	the	the	DET
cjfa-56744	147	2	top	top	ADJ
cjfa-56744	147	3	three	three	NUM
cjfa-56744	147	4	external	external	ADJ
cjfa-56744	147	5	block	block	NOUN
cjfa-56744	147	6	holdings	holding	NOUN
cjfa-56744	147	7	(	(	PUNCT
cjfa-56744	147	8	top3nonprom	top3nonprom	NOUN
cjfa-56744	147	9	)	)	PUNCT
cjfa-56744	147	10	have	have	VERB
cjfa-56744	147	11	a	a	DET
cjfa-56744	147	12	mean	mean	ADJ
cjfa-56744	147	13	value	value	NOUN
cjfa-56744	147	14	of	of	ADP
cjfa-56744	147	15	11.259	11.259	NUM
cjfa-56744	147	16	and	and	CCONJ
cjfa-56744	147	17	a	a	DET
cjfa-56744	147	18	standard	standard	ADJ
cjfa-56744	147	19	deviation	deviation	NOUN
cjfa-56744	147	20	of	of	ADP
cjfa-56744	147	21	7.241	7.241	NUM
cjfa-56744	147	22	.	.	PUNCT
cjfa-56744	148	1	the	the	DET
cjfa-56744	148	2	mean	mean	ADJ
cjfa-56744	148	3	value	value	NOUN
cjfa-56744	148	4	of	of	ADP
cjfa-56744	148	5	contestability	contestability	NOUN
cjfa-56744	148	6	of	of	ADP
cjfa-56744	148	7	external	external	ADJ
cjfa-56744	148	8	block	block	NOUN
cjfa-56744	148	9	holdings	holding	NOUN
cjfa-56744	148	10	(	(	PUNCT
cjfa-56744	148	11	contestnonprom	contestnonprom	NOUN
cjfa-56744	148	12	)	)	PUNCT
cjfa-56744	148	13	is	be	AUX
cjfa-56744	148	14	0.280	0.280	NUM
cjfa-56744	148	15	,	,	PUNCT
cjfa-56744	148	16	with	with	ADP
cjfa-56744	148	17	a	a	DET
cjfa-56744	148	18	standard	standard	ADJ
cjfa-56744	148	19	deviation	deviation	NOUN
cjfa-56744	148	20	of	of	ADP
cjfa-56744	148	21	0.245	0.245	NUM
cjfa-56744	148	22	.	.	PUNCT
cjfa-56744	149	1	the	the	DET
cjfa-56744	149	2	largest	large	ADJ
cjfa-56744	149	3	control	control	NOUN
cjfa-56744	149	4	block	block	NOUN
cjfa-56744	149	5	holding	holding	NOUN
cjfa-56744	149	6	(	(	PUNCT
cjfa-56744	149	7	topprom	topprom	NOUN
cjfa-56744	149	8	)	)	PUNCT
cjfa-56744	149	9	had	have	VERB
cjfa-56744	149	10	a	a	DET
cjfa-56744	149	11	mean	mean	ADJ
cjfa-56744	149	12	value	value	NOUN
cjfa-56744	149	13	of	of	ADP
cjfa-56744	149	14	33.617	33.617	NUM
cjfa-56744	149	15	and	and	CCONJ
cjfa-56744	149	16	a	a	DET
cjfa-56744	149	17	standard	standard	ADJ
cjfa-56744	149	18	deviation	deviation	NOUN
cjfa-56744	149	19	of	of	ADP
cjfa-56744	149	20	19.837	19.837	NUM
cjfa-56744	149	21	.	.	PUNCT
cjfa-56744	150	1	the	the	DET
cjfa-56744	150	2	top	top	ADJ
cjfa-56744	150	3	five	five	NUM
cjfa-56744	150	4	controlling	control	VERB
cjfa-56744	150	5	block	block	NOUN
cjfa-56744	150	6	holdings	holding	NOUN
cjfa-56744	150	7	(	(	PUNCT
cjfa-56744	150	8	top5prom	top5prom	NOUN
cjfa-56744	150	9	)	)	PUNCT
cjfa-56744	150	10	have	have	VERB
cjfa-56744	150	11	a	a	DET
cjfa-56744	150	12	mean	mean	ADJ
cjfa-56744	150	13	value	value	NOUN
cjfa-56744	150	14	of	of	ADP
cjfa-56744	150	15	54.866	54.866	NUM
cjfa-56744	150	16	and	and	CCONJ
cjfa-56744	150	17	a	a	DET
cjfa-56744	150	18	standard	standard	ADJ
cjfa-56744	150	19	deviation	deviation	NOUN
cjfa-56744	150	20	of	of	ADP
cjfa-56744	150	21	18.820	18.820	NUM
cjfa-56744	150	22	.	.	PUNCT
cjfa-56744	151	1	the	the	DET
cjfa-56744	151	2	top	top	ADJ
cjfa-56744	151	3	three	three	NUM
cjfa-56744	151	4	controlling	control	VERB
cjfa-56744	151	5	block	block	NOUN
cjfa-56744	151	6	holdings	holding	NOUN
cjfa-56744	151	7	(	(	PUNCT
cjfa-56744	151	8	top3prom	top3prom	NOUN
cjfa-56744	151	9	)	)	PUNCT
cjfa-56744	151	10	have	have	VERB
cjfa-56744	151	11	a	a	DET
cjfa-56744	151	12	mean	mean	ADJ
cjfa-56744	151	13	value	value	NOUN
cjfa-56744	151	14	of	of	ADP
cjfa-56744	151	15	49.611	49.611	NUM
cjfa-56744	151	16	and	and	CCONJ
cjfa-56744	151	17	a	a	DET
cjfa-56744	151	18	standard	standard	ADJ
cjfa-56744	151	19	deviation	deviation	NOUN
cjfa-56744	151	20	of	of	ADP
cjfa-56744	151	21	19.342	19.342	NUM
cjfa-56744	151	22	.	.	PUNCT
cjfa-56744	152	1	the	the	DET
cjfa-56744	152	2	domestic	domestic	ADJ
cjfa-56744	152	3	promoter	promoter	NOUN
cjfa-56744	152	4	holdings	holding	NOUN
cjfa-56744	152	5	(	(	PUNCT
cjfa-56744	152	6	domprom	domprom	NOUN
cjfa-56744	152	7	)	)	PUNCT
cjfa-56744	152	8	have	have	VERB
cjfa-56744	152	9	a	a	DET
cjfa-56744	152	10	mean	mean	ADJ
cjfa-56744	152	11	value	value	NOUN
cjfa-56744	152	12	of	of	ADP
cjfa-56744	152	13	0.445	0.445	NUM
cjfa-56744	152	14	,	,	PUNCT
cjfa-56744	152	15	with	with	ADP
cjfa-56744	152	16	a	a	DET
cjfa-56744	152	17	standard	standard	ADJ
cjfa-56744	152	18	deviation	deviation	NOUN
cjfa-56744	152	19	of	of	ADP
cjfa-56744	152	20	0.359	0.359	NUM
cjfa-56744	152	21	.	.	PUNCT
cjfa-56744	153	1	the	the	DET
cjfa-56744	153	2	mean	mean	ADJ
cjfa-56744	153	3	return	return	NOUN
cjfa-56744	153	4	on	on	ADP
cjfa-56744	153	5	assets	asset	NOUN
cjfa-56744	153	6	(	(	PUNCT
cjfa-56744	153	7	roa	roa	NOUN
cjfa-56744	153	8	)	)	PUNCT
cjfa-56744	153	9	is	be	AUX
cjfa-56744	153	10	6.411	6.411	NUM
cjfa-56744	153	11	with	with	ADP
cjfa-56744	153	12	a	a	DET
cjfa-56744	153	13	standard	standard	ADJ
cjfa-56744	153	14	deviation	deviation	NOUN
cjfa-56744	153	15	of	of	ADP
cjfa-56744	153	16	10.031	10.031	NUM
cjfa-56744	153	17	,	,	PUNCT
cjfa-56744	153	18	and	and	CCONJ
cjfa-56744	153	19	debt	debt	NOUN
cjfa-56744	153	20	(	(	PUNCT
cjfa-56744	153	21	debt	debt	NOUN
cjfa-56744	153	22	)	)	PUNCT
cjfa-56744	153	23	has	have	VERB
cjfa-56744	153	24	a	a	DET
cjfa-56744	153	25	mean	mean	ADJ
cjfa-56744	153	26	value	value	NOUN
cjfa-56744	153	27	of	of	ADP
cjfa-56744	153	28	0.899	0.899	NUM
cjfa-56744	153	29	with	with	ADP
cjfa-56744	153	30	a	a	DET
cjfa-56744	153	31	standard	standard	ADJ
cjfa-56744	153	32	deviation	deviation	NOUN
cjfa-56744	153	33	of	of	ADP
cjfa-56744	153	34	9.748	9.748	NUM
cjfa-56744	153	35	.	.	PUNCT
cjfa-56744	154	1	the	the	DET
cjfa-56744	154	2	age	age	NOUN
cjfa-56744	154	3	of	of	ADP
cjfa-56744	154	4	firms	firm	NOUN
cjfa-56744	154	5	(	(	PUNCT
cjfa-56744	154	6	age	age	NOUN
cjfa-56744	154	7	)	)	PUNCT
cjfa-56744	154	8	has	have	VERB
cjfa-56744	154	9	a	a	DET
cjfa-56744	154	10	mean	mean	ADJ
cjfa-56744	154	11	value	value	NOUN
cjfa-56744	154	12	of	of	ADP
cjfa-56744	154	13	37.899	37.899	NUM
cjfa-56744	154	14	and	and	CCONJ
cjfa-56744	154	15	a	a	DET
cjfa-56744	154	16	standard	standard	ADJ
cjfa-56744	154	17	deviation	deviation	NOUN
cjfa-56744	154	18	of	of	ADP
cjfa-56744	154	19	21.473	21.473	NUM
cjfa-56744	154	20	.	.	PUNCT
cjfa-56744	155	1	the	the	DET
cjfa-56744	155	2	industry	industry	NOUN
cjfa-56744	155	3	csr	csr	X
cjfa-56744	155	4	average	average	NOUN
cjfa-56744	155	5	(	(	PUNCT
cjfa-56744	155	6	indcsr	indcsr	NOUN
cjfa-56744	155	7	)	)	PUNCT
cjfa-56744	155	8	has	have	VERB
cjfa-56744	155	9	a	a	DET
cjfa-56744	155	10	mean	mean	ADJ
cjfa-56744	155	11	value	value	NOUN
cjfa-56744	155	12	of	of	ADP
cjfa-56744	155	13	17.520	17.520	NUM
cjfa-56744	155	14	and	and	CCONJ
cjfa-56744	155	15	a	a	DET
cjfa-56744	155	16	standard	standard	ADJ
cjfa-56744	155	17	deviation	deviation	NOUN
cjfa-56744	155	18	of	of	ADP
cjfa-56744	155	19	1.096	1.096	NUM
cjfa-56744	155	20	.	.	PUNCT
cjfa-56744	156	1	tables	table	NOUN
cjfa-56744	156	2	2(a	2(a	NUM
cjfa-56744	156	3	)	)	PUNCT
cjfa-56744	156	4	and	and	CCONJ
cjfa-56744	156	5	2(b	2(b	NUM
cjfa-56744	156	6	)	)	PUNCT
cjfa-56744	156	7	present	present	VERB
cjfa-56744	156	8	the	the	DET
cjfa-56744	156	9	correlation	correlation	NOUN
cjfa-56744	156	10	coefficients	coefficient	NOUN
cjfa-56744	156	11	of	of	ADP
cjfa-56744	156	12	the	the	DET
cjfa-56744	156	13	variables	variable	NOUN
cjfa-56744	156	14	used	use	VERB
cjfa-56744	156	15	in	in	ADP
cjfa-56744	156	16	the	the	DET
cjfa-56744	156	17	empirical	empirical	ADJ
cjfa-56744	156	18	model	model	NOUN
cjfa-56744	156	19	.	.	PUNCT
cjfa-56744	157	1	the	the	DET
cjfa-56744	157	2	findings	finding	NOUN
cjfa-56744	157	3	reveal	reveal	VERB
cjfa-56744	157	4	significant	significant	ADJ
cjfa-56744	157	5	correlations	correlation	NOUN
cjfa-56744	157	6	between	between	ADP
cjfa-56744	157	7	csr	csr	NOUN
cjfa-56744	157	8	spending	spending	NOUN
cjfa-56744	157	9	and	and	CCONJ
cjfa-56744	157	10	blockholder	blockholder	NOUN
cjfa-56744	157	11	concentration	concentration	NOUN
cjfa-56744	157	12	.	.	PUNCT
cjfa-56744	158	1	in	in	ADP
cjfa-56744	158	2	table	table	NOUN
cjfa-56744	158	3	2(a	2(a	NUM
cjfa-56744	158	4	)	)	PUNCT
cjfa-56744	158	5	,	,	PUNCT
cjfa-56744	158	6	csrit	csrit	NOUN
cjfa-56744	158	7	shows	show	VERB
cjfa-56744	158	8	substantial	substantial	ADJ
cjfa-56744	158	9	positive	positive	ADJ
cjfa-56744	158	10	correlations	correlation	NOUN
cjfa-56744	158	11	with	with	ADP
cjfa-56744	158	12	topnonpromit	topnonpromit	NOUN
cjfa-56744	158	13	(	(	PUNCT
cjfa-56744	158	14	0.090	0.090	NUM
cjfa-56744	158	15	)	)	PUNCT
cjfa-56744	158	16	,	,	PUNCT
cjfa-56744	158	17	top5nonpromit	top5nonpromit	NOUN
cjfa-56744	158	18	(	(	PUNCT
cjfa-56744	158	19	0.082	0.082	NUM
cjfa-56744	158	20	)	)	PUNCT
cjfa-56744	158	21	,	,	PUNCT
cjfa-56744	158	22	top3nonpromit	top3nonpromit	PROPN
cjfa-56744	158	23	(	(	PUNCT
cjfa-56744	158	24	0.079	0.079	NUM
cjfa-56744	158	25	)	)	PUNCT
cjfa-56744	158	26	,	,	PUNCT
cjfa-56744	158	27	contestnonpromit	contestnonpromit	X
cjfa-56744	158	28	(	(	PUNCT
cjfa-56744	158	29	0.036	0.036	NUM
cjfa-56744	158	30	)	)	PUNCT
cjfa-56744	158	31	,	,	PUNCT
cjfa-56744	158	32	and	and	CCONJ
cjfa-56744	158	33	toppromit	toppromit	NOUN
cjfa-56744	158	34	(	(	PUNCT
cjfa-56744	158	35	0.163	0.163	NUM
cjfa-56744	158	36	)	)	PUNCT
cjfa-56744	158	37	,	,	PUNCT
cjfa-56744	158	38	indicating	indicate	VERB
cjfa-56744	158	39	that	that	SCONJ
cjfa-56744	158	40	both	both	CCONJ
cjfa-56744	158	41	external	external	ADJ
cjfa-56744	158	42	and	and	CCONJ
cjfa-56744	158	43	controlled	control	VERB
cjfa-56744	158	44	blockholder	blockholder	NOUN
cjfa-56744	158	45	concentrations	concentration	NOUN
cjfa-56744	158	46	positively	positively	ADV
cjfa-56744	158	47	influence	influence	VERB
cjfa-56744	158	48	csr	csr	NOUN
cjfa-56744	158	49	spending	spending	NOUN
cjfa-56744	158	50	.	.	PUNCT
cjfa-56744	159	1	top5promit	top5promit	PRON
cjfa-56744	159	2	had	have	VERB
cjfa-56744	159	3	a	a	DET
cjfa-56744	159	4	significant	significant	ADJ
cjfa-56744	159	5	negative	negative	ADJ
cjfa-56744	159	6	correlation	correlation	NOUN
cjfa-56744	159	7	(	(	PUNCT
cjfa-56744	159	8	-0.030	-0.030	NOUN
cjfa-56744	159	9	)	)	PUNCT
cjfa-56744	159	10	with	with	ADP
cjfa-56744	159	11	csrit	csrit	NOUN
cjfa-56744	159	12	.	.	PUNCT
cjfa-56744	160	1	in	in	ADP
cjfa-56744	160	2	table	table	NOUN
cjfa-56744	160	3	2(b	2(b	NUM
cjfa-56744	160	4	)	)	PUNCT
cjfa-56744	160	5	,	,	PUNCT
cjfa-56744	160	6	top3promit	top3promit	NOUN
cjfa-56744	160	7	,	,	PUNCT
cjfa-56744	160	8	dompromit	dompromit	NOUN
cjfa-56744	160	9	,	,	PUNCT
cjfa-56744	160	10	roait	roait	NOUN
cjfa-56744	160	11	,	,	PUNCT
cjfa-56744	160	12	ageit	ageit	NOUN
cjfa-56744	160	13	,	,	PUNCT
cjfa-56744	160	14	and	and	CCONJ
cjfa-56744	160	15	indcsrit	indcsrit	NOUN
cjfa-56744	160	16	have	have	VERB
cjfa-56744	160	17	significant	significant	ADJ
cjfa-56744	160	18	positive	positive	ADJ
cjfa-56744	160	19	correlations	correlation	NOUN
cjfa-56744	160	20	with	with	ADP
cjfa-56744	160	21	csrit	csrit	NOUN
cjfa-56744	160	22	,	,	PUNCT
cjfa-56744	160	23	suggesting	suggest	VERB
cjfa-56744	160	24	that	that	SCONJ
cjfa-56744	160	25	higher	high	ADJ
cjfa-56744	160	26	profitability	profitability	NOUN
cjfa-56744	160	27	,	,	PUNCT
cjfa-56744	160	28	firm	firm	ADJ
cjfa-56744	160	29	age	age	NOUN
cjfa-56744	160	30	,	,	PUNCT
cjfa-56744	160	31	and	and	CCONJ
cjfa-56744	160	32	industry	industry	NOUN
cjfa-56744	160	33	-	-	PUNCT
cjfa-56744	160	34	average	average	ADJ
cjfa-56744	160	35	csr	csr	NOUN
cjfa-56744	160	36	also	also	ADV
cjfa-56744	160	37	promote	promote	VERB
cjfa-56744	160	38	csr	csr	NOUN
cjfa-56744	160	39	spending	spending	NOUN
cjfa-56744	160	40	.	.	PUNCT
cjfa-56744	161	1	debtit	debtit	PROPN
cjfa-56744	161	2	shows	show	VERB
cjfa-56744	161	3	no	no	DET
cjfa-56744	161	4	significant	significant	ADJ
cjfa-56744	161	5	correlation	correlation	NOUN
cjfa-56744	161	6	with	with	ADP
cjfa-56744	161	7	csrit	csrit	NOUN
cjfa-56744	161	8	,	,	PUNCT
cjfa-56744	161	9	indicating	indicate	VERB
cjfa-56744	161	10	that	that	SCONJ
cjfa-56744	161	11	leverage	leverage	NOUN
cjfa-56744	161	12	does	do	AUX
cjfa-56744	161	13	not	not	PART
cjfa-56744	161	14	directly	directly	ADV
cjfa-56744	161	15	impact	impact	VERB
cjfa-56744	161	16	csr	csr	NOUN
cjfa-56744	161	17	spending	spending	NOUN
cjfa-56744	161	18	.	.	PUNCT
cjfa-56744	162	1	this	this	DET
cjfa-56744	162	2	analysis	analysis	NOUN
cjfa-56744	162	3	confirms	confirm	VERB
cjfa-56744	162	4	that	that	SCONJ
cjfa-56744	162	5	blockholder	blockholder	NOUN
cjfa-56744	162	6	concentration	concentration	NOUN
cjfa-56744	162	7	,	,	PUNCT
cjfa-56744	162	8	profitability	profitability	NOUN
cjfa-56744	162	9	,	,	PUNCT
cjfa-56744	162	10	firm	firm	ADJ
cjfa-56744	162	11	age	age	NOUN
cjfa-56744	162	12	,	,	PUNCT
cjfa-56744	162	13	and	and	CCONJ
cjfa-56744	162	14	industry	industry	NOUN
cjfa-56744	162	15	average	average	ADJ
cjfa-56744	162	16	csr	csr	NOUN
cjfa-56744	162	17	significantly	significantly	ADV
cjfa-56744	162	18	influence	influence	NOUN
cjfa-56744	162	19	firm	firm	ADJ
cjfa-56744	162	20	csr	csr	NOUN
cjfa-56744	162	21	spending	spending	NOUN
cjfa-56744	162	22	.	.	PUNCT
cjfa-56744	163	1	does	do	AUX
cjfa-56744	163	2	blockholders	blockholder	NOUN
cjfa-56744	163	3	’	’	PART
cjfa-56744	163	4	concentration	concentration	NOUN
cjfa-56744	163	5	influence	influence	NOUN
cjfa-56744	163	6	spending	spending	NOUN
cjfa-56744	163	7	…	…	SYM
cjfa-56744	163	8	9999	9999	NUM
cjfa-56744	163	9	baseline	baseline	PROPN
cjfa-56744	163	10	regression	regression	NOUN
cjfa-56744	163	11	baseline	baseline	NOUN
cjfa-56744	163	12	regression	regression	NOUN
cjfa-56744	163	13	table	table	NOUN
cjfa-56744	163	14	3	3	NUM
cjfa-56744	163	15	.	.	X
cjfa-56744	163	16	relationship	relationship	NOUN
cjfa-56744	163	17	between	between	ADP
cjfa-56744	163	18	blockholder	blockholder	NOUN
cjfa-56744	163	19	concentration	concentration	NOUN
cjfa-56744	163	20	and	and	CCONJ
cjfa-56744	163	21	csr	csr	NOUN
cjfa-56744	163	22	spending	spend	VERB
cjfa-56744	163	23	variable	variable	NOUN
cjfa-56744	163	24	(	(	PUNCT
cjfa-56744	163	25	1	1	NUM
cjfa-56744	163	26	)	)	PUNCT
cjfa-56744	163	27	(	(	PUNCT
cjfa-56744	163	28	2	2	NUM
cjfa-56744	163	29	)	)	PUNCT
cjfa-56744	163	30	(	(	PUNCT
cjfa-56744	163	31	3	3	X
cjfa-56744	163	32	)	)	PUNCT
cjfa-56744	163	33	(	(	PUNCT
cjfa-56744	163	34	4	4	X
cjfa-56744	163	35	)	)	PUNCT
cjfa-56744	163	36	blockholder	blockholder	NOUN
cjfa-56744	163	37	concentration	concentration	NOUN
cjfa-56744	163	38	topnonpromit–1	topnonpromit–1	X
cjfa-56744	163	39	0.085	0.085	NUM
cjfa-56744	163	40	*	*	PUNCT
cjfa-56744	163	41	toppromit–1	toppromit–1	X
cjfa-56744	163	42	0.124	0.124	NUM
cjfa-56744	163	43	*	*	PUNCT
cjfa-56744	164	1	top5nonpromit–1	top5nonpromit–1	PUNCT
cjfa-56744	164	2	0.098	0.098	NUM
cjfa-56744	164	3	*	*	PUNCT
cjfa-56744	165	1	top5promit–1	top5promit–1	NUM
cjfa-56744	165	2	0.002	0.002	NUM
cjfa-56744	165	3	top3nonpromit–1	top3nonpromit–1	PROPN
cjfa-56744	165	4	0.099	0.099	NUM
cjfa-56744	165	5	*	*	PUNCT
cjfa-56744	165	6	top3promit–1	top3promit–1	X
cjfa-56744	165	7	0.045	0.045	NUM
cjfa-56744	165	8	*	*	PRON
cjfa-56744	165	9	contestnonpromit–1	contestnonpromit–1	PROPN
cjfa-56744	165	10	-0.011	-0.011	PRON
cjfa-56744	165	11	dompromit–1	dompromit–1	VERB
cjfa-56744	165	12	0.156	0.156	NUM
cjfa-56744	165	13	*	*	PUNCT
cjfa-56744	165	14	roait–1	roait–1	PROPN
cjfa-56744	165	15	0.151	0.151	NUM
cjfa-56744	165	16	*	*	SYM
cjfa-56744	165	17	0.154	0.154	NUM
cjfa-56744	165	18	*	*	PUNCT
cjfa-56744	165	19	0.152	0.152	NUM
cjfa-56744	165	20	*	*	NUM
cjfa-56744	165	21	0.153	0.153	NUM
cjfa-56744	165	22	*	*	PUNCT
cjfa-56744	165	23	logfcfeit–1	logfcfeit–1	PROPN
cjfa-56744	165	24	0.008	0.008	NUM
cjfa-56744	165	25	0.010	0.010	NUM
cjfa-56744	165	26	0.010	0.010	NUM
cjfa-56744	165	27	0.007	0.007	NUM
cjfa-56744	165	28	debtit–1	debtit–1	X
cjfa-56744	165	29	-0.003	-0.003	NOUN
cjfa-56744	165	30	0.002	0.002	NUM
cjfa-56744	165	31	0.001	0.001	NUM
cjfa-56744	165	32	-0.004	-0.004	PUNCT
cjfa-56744	165	33	ageit–1	ageit–1	PROPN
cjfa-56744	165	34	0.145	0.145	NUM
cjfa-56744	165	35	*	*	NOUN
cjfa-56744	165	36	0.161	0.161	NUM
cjfa-56744	165	37	*	*	PUNCT
cjfa-56744	165	38	0.158	0.158	NUM
cjfa-56744	165	39	*	*	PUNCT
cjfa-56744	165	40	0.143	0.143	NUM
cjfa-56744	165	41	*	*	PUNCT
cjfa-56744	165	42	indcsr	indcsr	NOUN
cjfa-56744	165	43	it–1	it–1	PRON
cjfa-56744	165	44	0.261	0.261	NUM
cjfa-56744	165	45	*	*	SYM
cjfa-56744	165	46	0.276	0.276	NUM
cjfa-56744	165	47	*	*	SYM
cjfa-56744	165	48	0.275	0.275	NUM
cjfa-56744	165	49	*	*	SYM
cjfa-56744	165	50	0.257	0.257	NUM
cjfa-56744	165	51	*	*	NOUN
cjfa-56744	165	52	constant	constant	ADJ
cjfa-56744	166	1	6.360	6.360	NUM
cjfa-56744	166	2	*	*	NOUN
cjfa-56744	166	3	6.114	6.114	NUM
cjfa-56744	166	4	5.978	5.978	NUM
cjfa-56744	166	5	*	*	SYM
cjfa-56744	166	6	6.762	6.762	NUM
cjfa-56744	166	7	*	*	SYM
cjfa-56744	166	8	r	r	X
cjfa-56744	166	9	-	-	PUNCT
cjfa-56744	166	10	squared	square	VERB
cjfa-56744	166	11	0.146	0.146	NUM
cjfa-56744	166	12	0.137	0.137	NUM
cjfa-56744	166	13	0.137	0.137	NUM
cjfa-56744	166	14	0.1512	0.1512	NUM
cjfa-56744	166	15	adjusted	adjust	VERB
cjfa-56744	166	16	r	r	NOUN
cjfa-56744	166	17	-	-	PUNCT
cjfa-56744	166	18	squared	square	VERB
cjfa-56744	166	19	0.146	0.146	NUM
cjfa-56744	166	20	0.137	0.137	NUM
cjfa-56744	166	21	0.137	0.137	NUM
cjfa-56744	166	22	0.1506	0.1506	NUM
cjfa-56744	166	23	f	f	X
cjfa-56744	166	24	-	-	PUNCT
cjfa-56744	166	25	statistic	statistic	NOUN
cjfa-56744	166	26	229.84	229.84	NUM
cjfa-56744	166	27	*	*	PUNCT
cjfa-56744	167	1	213.01	213.01	NUM
cjfa-56744	167	2	*	*	PUNCT
cjfa-56744	167	3	212.44	212.44	NUM
cjfa-56744	167	4	*	*	PUNCT
cjfa-56744	167	5	238.68	238.68	NUM
cjfa-56744	167	6	*	*	PUNCT
cjfa-56744	167	7	study	study	NOUN
cjfa-56744	167	8	period	period	NOUN
cjfa-56744	167	9	2014	2014	NUM
cjfa-56744	167	10	-	-	SYM
cjfa-56744	167	11	2023	2023	NUM
cjfa-56744	167	12	2014	2014	NUM
cjfa-56744	167	13	-	-	SYM
cjfa-56744	167	14	2023	2023	NUM
cjfa-56744	167	15	2014	2014	NUM
cjfa-56744	167	16	-	-	SYM
cjfa-56744	167	17	2023	2023	NUM
cjfa-56744	167	18	2014	2014	NUM
cjfa-56744	167	19	-	-	SYM
cjfa-56744	167	20	2023	2023	NUM
cjfa-56744	167	21	no	no	NOUN
cjfa-56744	167	22	of	of	ADP
cjfa-56744	167	23	observations	observation	NOUN
cjfa-56744	167	24	9388	9388	NUM
cjfa-56744	167	25	9388	9388	NUM
cjfa-56744	167	26	9388	9388	NUM
cjfa-56744	167	27	9388	9388	NUM
cjfa-56744	167	28	companies	company	NOUN
cjfa-56744	167	29	1918	1918	NUM
cjfa-56744	167	30	1918	1918	NUM
cjfa-56744	167	31	1918	1918	NUM
cjfa-56744	167	32	1918	1918	NUM
cjfa-56744	168	1	note	note	VERB
cjfa-56744	168	2	:	:	PUNCT
cjfa-56744	168	3	*	*	PUNCT
cjfa-56744	168	4	indicates	indicate	VERB
cjfa-56744	168	5	that	that	SCONJ
cjfa-56744	168	6	the	the	DET
cjfa-56744	168	7	coefficients	coefficient	NOUN
cjfa-56744	168	8	are	be	AUX
cjfa-56744	168	9	statistically	statistically	ADV
cjfa-56744	168	10	significant	significant	ADJ
cjfa-56744	168	11	at	at	ADP
cjfa-56744	168	12	the	the	DET
cjfa-56744	168	13	5	5	NUM
cjfa-56744	168	14	percent	percent	NOUN
cjfa-56744	168	15	level	level	NOUN
cjfa-56744	168	16	.	.	PUNCT
cjfa-56744	169	1	s	s	PART
cjfa-56744	169	2	o	o	X
cjfa-56744	169	3	u	u	NOUN
cjfa-56744	169	4	r	r	NOUN
cjfa-56744	169	5	c	c	NOUN
cjfa-56744	169	6	e	e	NOUN
cjfa-56744	169	7	:	:	PUNCT
cjfa-56744	169	8	author	author	PROPN
cjfa-56744	169	9	’s	’s	PART
cjfa-56744	169	10	calculations	calculation	NOUN
cjfa-56744	169	11	.	.	PUNCT
cjfa-56744	170	1	srikanth	srikanth	PROPN
cjfa-56744	170	2	potharla100100	potharla100100	PROPN
cjfa-56744	171	1	this	this	DET
cjfa-56744	171	2	study	study	NOUN
cjfa-56744	171	3	investigates	investigate	VERB
cjfa-56744	171	4	the	the	DET
cjfa-56744	171	5	impact	impact	NOUN
cjfa-56744	171	6	of	of	ADP
cjfa-56744	171	7	blockholders	blockholder	NOUN
cjfa-56744	171	8	on	on	ADP
cjfa-56744	171	9	csr	csr	NOUN
cjfa-56744	171	10	spending	spending	NOUN
cjfa-56744	171	11	using	use	VERB
cjfa-56744	171	12	stakeholder	stakeholder	NOUN
cjfa-56744	171	13	identification	identification	NOUN
cjfa-56744	171	14	and	and	CCONJ
cjfa-56744	171	15	salience	salience	NOUN
cjfa-56744	171	16	theories	theory	NOUN
cjfa-56744	171	17	.	.	PUNCT
cjfa-56744	172	1	the	the	DET
cjfa-56744	172	2	findings	finding	NOUN
cjfa-56744	172	3	confirm	confirm	VERB
cjfa-56744	172	4	that	that	SCONJ
cjfa-56744	172	5	controlling	control	VERB
cjfa-56744	172	6	and	and	CCONJ
cjfa-56744	172	7	external	external	ADJ
cjfa-56744	172	8	blockholders	blockholder	NOUN
cjfa-56744	172	9	positively	positively	ADV
cjfa-56744	172	10	influence	influence	VERB
cjfa-56744	172	11	csr	csr	NOUN
cjfa-56744	172	12	spending	spending	NOUN
cjfa-56744	172	13	,	,	PUNCT
cjfa-56744	172	14	with	with	ADP
cjfa-56744	172	15	the	the	DET
cjfa-56744	172	16	largest	large	ADJ
cjfa-56744	172	17	external	external	ADJ
cjfa-56744	172	18	blockholder	blockholder	NOUN
cjfa-56744	172	19	having	have	VERB
cjfa-56744	172	20	the	the	DET
cjfa-56744	172	21	most	most	ADV
cjfa-56744	172	22	pronounced	pronounce	VERB
cjfa-56744	172	23	effect	effect	NOUN
cjfa-56744	172	24	.	.	PUNCT
cjfa-56744	173	1	this	this	PRON
cjfa-56744	173	2	aligns	align	VERB
cjfa-56744	173	3	with	with	ADP
cjfa-56744	173	4	savage	savage	NOUN
cjfa-56744	173	5	et	et	PROPN
cjfa-56744	173	6	al	al	PROPN
cjfa-56744	173	7	.	.	PUNCT
cjfa-56744	174	1	(	(	PUNCT
cjfa-56744	174	2	1991	1991	NUM
cjfa-56744	174	3	)	)	PUNCT
cjfa-56744	174	4	,	,	PUNCT
cjfa-56744	174	5	who	who	PRON
cjfa-56744	174	6	highlight	highlight	VERB
cjfa-56744	174	7	the	the	DET
cjfa-56744	174	8	influence	influence	NOUN
cjfa-56744	174	9	of	of	ADP
cjfa-56744	174	10	external	external	ADJ
cjfa-56744	174	11	blockholders	blockholder	NOUN
cjfa-56744	174	12	owing	owe	VERB
cjfa-56744	174	13	to	to	ADP
cjfa-56744	174	14	their	their	PRON
cjfa-56744	174	15	power	power	NOUN
cjfa-56744	174	16	,	,	PUNCT
cjfa-56744	174	17	legitimacy	legitimacy	NOUN
cjfa-56744	174	18	,	,	PUNCT
cjfa-56744	174	19	and	and	CCONJ
cjfa-56744	174	20	urgency	urgency	NOUN
cjfa-56744	174	21	.	.	PUNCT
cjfa-56744	175	1	the	the	DET
cjfa-56744	175	2	prominence	prominence	NOUN
cjfa-56744	175	3	of	of	ADP
cjfa-56744	175	4	external	external	ADJ
cjfa-56744	175	5	blockholders	blockholder	NOUN
cjfa-56744	175	6	in	in	ADP
cjfa-56744	175	7	influencing	influence	VERB
cjfa-56744	175	8	csr	csr	NOUN
cjfa-56744	175	9	is	be	AUX
cjfa-56744	175	10	supported	support	VERB
cjfa-56744	175	11	by	by	ADP
cjfa-56744	175	12	the	the	DET
cjfa-56744	175	13	resource	resource	NOUN
cjfa-56744	175	14	dependency	dependency	NOUN
cjfa-56744	175	15	theory	theory	NOUN
cjfa-56744	175	16	(	(	PUNCT
cjfa-56744	175	17	salancik	salancik	VERB
cjfa-56744	175	18	et	et	PROPN
cjfa-56744	175	19	al	al	PROPN
cjfa-56744	175	20	.	.	PROPN
cjfa-56744	175	21	,	,	PUNCT
cjfa-56744	175	22	1978	1978	NUM
cjfa-56744	175	23	)	)	PUNCT
cjfa-56744	175	24	,	,	PUNCT
cjfa-56744	175	25	which	which	PRON
cjfa-56744	175	26	emphasizes	emphasize	VERB
cjfa-56744	175	27	a	a	DET
cjfa-56744	175	28	firm	firm	NOUN
cjfa-56744	175	29	’s	’s	PART
cjfa-56744	175	30	dependence	dependence	NOUN
cjfa-56744	175	31	on	on	ADP
cjfa-56744	175	32	these	these	DET
cjfa-56744	175	33	blockholders	blockholder	NOUN
cjfa-56744	175	34	for	for	ADP
cjfa-56744	175	35	liquidity	liquidity	NOUN
cjfa-56744	175	36	and	and	CCONJ
cjfa-56744	175	37	funding	funding	NOUN
cjfa-56744	175	38	.	.	PUNCT
cjfa-56744	176	1	table	table	NOUN
cjfa-56744	176	2	3	3	NUM
cjfa-56744	176	3	shows	show	VERB
cjfa-56744	176	4	that	that	SCONJ
cjfa-56744	176	5	the	the	DET
cjfa-56744	176	6	coefficient	coefficient	NOUN
cjfa-56744	176	7	of	of	ADP
cjfa-56744	176	8	topnonpromit-1	topnonpromit-1	PROPN
cjfa-56744	176	9	is	be	AUX
cjfa-56744	176	10	0.085	0.085	NUM
cjfa-56744	176	11	*	*	NUM
cjfa-56744	176	12	,	,	PUNCT
cjfa-56744	176	13	indicating	indicate	VERB
cjfa-56744	176	14	a	a	DET
cjfa-56744	176	15	significant	significant	ADJ
cjfa-56744	176	16	positive	positive	ADJ
cjfa-56744	176	17	relationship	relationship	NOUN
cjfa-56744	176	18	between	between	ADP
cjfa-56744	176	19	the	the	DET
cjfa-56744	176	20	largest	large	ADJ
cjfa-56744	176	21	external	external	ADJ
cjfa-56744	176	22	blockholder	blockholder	NOUN
cjfa-56744	176	23	and	and	CCONJ
cjfa-56744	176	24	csr	csr	NOUN
cjfa-56744	176	25	spending	spending	NOUN
cjfa-56744	176	26	.	.	PUNCT
cjfa-56744	177	1	similarly	similarly	ADV
cjfa-56744	177	2	,	,	PUNCT
cjfa-56744	177	3	toppromit-1	toppromit-1	PROPN
cjfa-56744	177	4	has	have	VERB
cjfa-56744	177	5	a	a	DET
cjfa-56744	177	6	coefficient	coefficient	NOUN
cjfa-56744	177	7	of	of	ADP
cjfa-56744	177	8	0.124	0.124	NUM
cjfa-56744	177	9	,	,	PUNCT
cjfa-56744	177	10	supporting	support	VERB
cjfa-56744	177	11	the	the	DET
cjfa-56744	177	12	positive	positive	ADJ
cjfa-56744	177	13	influence	influence	NOUN
cjfa-56744	177	14	of	of	ADP
cjfa-56744	177	15	controlling	control	VERB
cjfa-56744	177	16	blockholders	blockholder	NOUN
cjfa-56744	177	17	on	on	ADP
cjfa-56744	177	18	csr	csr	PROPN
cjfa-56744	177	19	.	.	PUNCT
cjfa-56744	178	1	the	the	DET
cjfa-56744	178	2	top	top	ADJ
cjfa-56744	178	3	five	five	NUM
cjfa-56744	178	4	external	external	ADJ
cjfa-56744	178	5	blockholders	blockholder	NOUN
cjfa-56744	178	6	(	(	PUNCT
cjfa-56744	178	7	top5nonpromit-1	top5nonpromit-1	PROPN
cjfa-56744	178	8	)	)	PUNCT
cjfa-56744	178	9	show	show	VERB
cjfa-56744	178	10	a	a	DET
cjfa-56744	178	11	significant	significant	ADJ
cjfa-56744	178	12	coefficient	coefficient	NOUN
cjfa-56744	178	13	of	of	ADP
cjfa-56744	178	14	0.098	0.098	NUM
cjfa-56744	178	15	*	*	NOUN
cjfa-56744	178	16	,	,	PUNCT
cjfa-56744	178	17	while	while	SCONJ
cjfa-56744	178	18	the	the	DET
cjfa-56744	178	19	top	top	ADJ
cjfa-56744	178	20	three	three	NUM
cjfa-56744	178	21	(	(	PUNCT
cjfa-56744	178	22	top3nonpromit-1	top3nonpromit-1	NOUN
cjfa-56744	178	23	)	)	PUNCT
cjfa-56744	178	24	have	have	VERB
cjfa-56744	178	25	a	a	DET
cjfa-56744	178	26	coefficient	coefficient	NOUN
cjfa-56744	178	27	of	of	ADP
cjfa-56744	178	28	0.099	0.099	NUM
cjfa-56744	178	29	*	*	NOUN
cjfa-56744	178	30	,	,	PUNCT
cjfa-56744	178	31	indicating	indicate	VERB
cjfa-56744	178	32	a	a	DET
cjfa-56744	178	33	significantly	significantly	ADV
cjfa-56744	178	34	positive	positive	ADJ
cjfa-56744	178	35	effect	effect	NOUN
cjfa-56744	178	36	.	.	PUNCT
cjfa-56744	179	1	these	these	DET
cjfa-56744	179	2	findings	finding	NOUN
cjfa-56744	179	3	are	be	AUX
cjfa-56744	179	4	in	in	ADP
cjfa-56744	179	5	contrast	contrast	NOUN
cjfa-56744	179	6	with	with	ADP
cjfa-56744	179	7	cheng	cheng	PROPN
cjfa-56744	179	8	et	et	PROPN
cjfa-56744	179	9	al	al	PROPN
cjfa-56744	179	10	.	.	PROPN
cjfa-56744	180	1	(	(	PUNCT
cjfa-56744	180	2	2022	2022	NUM
cjfa-56744	180	3	)	)	PUNCT
cjfa-56744	180	4	,	,	PUNCT
cjfa-56744	180	5	who	who	PRON
cjfa-56744	180	6	found	find	VERB
cjfa-56744	180	7	that	that	SCONJ
cjfa-56744	180	8	common	common	ADJ
cjfa-56744	180	9	institutional	institutional	ADJ
cjfa-56744	180	10	ownership	ownership	NOUN
cjfa-56744	180	11	negatively	negatively	ADV
cjfa-56744	180	12	affects	affect	VERB
cjfa-56744	180	13	csr	csr	PROPN
cjfa-56744	180	14	,	,	PUNCT
cjfa-56744	180	15	suggesting	suggest	VERB
cjfa-56744	180	16	a	a	DET
cjfa-56744	180	17	contradicting	contradict	VERB
cjfa-56744	180	18	view	view	NOUN
cjfa-56744	180	19	of	of	ADP
cjfa-56744	180	20	institutional	institutional	ADJ
cjfa-56744	180	21	ownership	ownership	NOUN
cjfa-56744	180	22	’s	’s	PART
cjfa-56744	180	23	influence	influence	NOUN
cjfa-56744	180	24	.	.	PUNCT
cjfa-56744	181	1	however	however	ADV
cjfa-56744	181	2	,	,	PUNCT
cjfa-56744	181	3	tarighi	tarighi	PROPN
cjfa-56744	181	4	et	et	PROPN
cjfa-56744	181	5	al	al	PROPN
cjfa-56744	181	6	.	.	PROPN
cjfa-56744	182	1	(	(	PUNCT
cjfa-56744	182	2	2021	2021	NUM
cjfa-56744	182	3	)	)	PUNCT
cjfa-56744	182	4	support	support	NOUN
cjfa-56744	182	5	that	that	SCONJ
cjfa-56744	182	6	institutional	institutional	ADJ
cjfa-56744	182	7	ownership	ownership	NOUN
cjfa-56744	182	8	positively	positively	ADV
cjfa-56744	182	9	impacts	impact	VERB
cjfa-56744	182	10	csr	csr	NOUN
cjfa-56744	182	11	spending	spending	NOUN
cjfa-56744	182	12	.	.	PUNCT
cjfa-56744	183	1	zhou	zhou	PROPN
cjfa-56744	183	2	et	et	PROPN
cjfa-56744	183	3	al	al	PROPN
cjfa-56744	183	4	.	.	PROPN
cjfa-56744	184	1	(	(	PUNCT
cjfa-56744	184	2	2024	2024	NUM
cjfa-56744	184	3	)	)	PUNCT
cjfa-56744	184	4	find	find	VERB
cjfa-56744	184	5	that	that	SCONJ
cjfa-56744	184	6	institutional	institutional	ADJ
cjfa-56744	184	7	investors	investor	NOUN
cjfa-56744	184	8	positively	positively	ADV
cjfa-56744	184	9	influence	influence	VERB
cjfa-56744	184	10	csr	csr	X
cjfa-56744	184	11	in	in	ADP
cjfa-56744	184	12	chinese	chinese	ADJ
cjfa-56744	184	13	firms	firm	NOUN
cjfa-56744	184	14	,	,	PUNCT
cjfa-56744	184	15	supporting	support	VERB
cjfa-56744	184	16	the	the	DET
cjfa-56744	184	17	results	result	NOUN
cjfa-56744	184	18	of	of	ADP
cjfa-56744	184	19	the	the	DET
cjfa-56744	184	20	present	present	ADJ
cjfa-56744	184	21	study	study	NOUN
cjfa-56744	184	22	on	on	ADP
cjfa-56744	184	23	the	the	DET
cjfa-56744	184	24	positive	positive	ADJ
cjfa-56744	184	25	impact	impact	NOUN
cjfa-56744	184	26	of	of	ADP
cjfa-56744	184	27	external	external	ADJ
cjfa-56744	184	28	blockholders	blockholder	NOUN
cjfa-56744	184	29	.	.	PUNCT
cjfa-56744	185	1	this	this	DET
cjfa-56744	185	2	study	study	NOUN
cjfa-56744	185	3	extends	extend	VERB
cjfa-56744	185	4	the	the	DET
cjfa-56744	185	5	existing	exist	VERB
cjfa-56744	185	6	literature	literature	NOUN
cjfa-56744	185	7	by	by	ADP
cjfa-56744	185	8	quantitatively	quantitatively	ADV
cjfa-56744	185	9	assessing	assess	VERB
cjfa-56744	185	10	the	the	DET
cjfa-56744	185	11	impact	impact	NOUN
cjfa-56744	185	12	of	of	ADP
cjfa-56744	185	13	blockholder	blockholder	NOUN
cjfa-56744	185	14	concentration	concentration	NOUN
cjfa-56744	185	15	on	on	ADP
cjfa-56744	185	16	csr	csr	NOUN
cjfa-56744	185	17	spending	spending	NOUN
cjfa-56744	185	18	,	,	PUNCT
cjfa-56744	185	19	measuring	measure	VERB
cjfa-56744	185	20	concentration	concentration	NOUN
cjfa-56744	185	21	through	through	ADP
cjfa-56744	185	22	the	the	DET
cjfa-56744	185	23	largest	large	ADJ
cjfa-56744	185	24	holdings	holding	NOUN
cjfa-56744	185	25	and	and	CCONJ
cjfa-56744	185	26	the	the	DET
cjfa-56744	185	27	aggregated	aggregate	VERB
cjfa-56744	185	28	investments	investment	NOUN
cjfa-56744	185	29	of	of	ADP
cjfa-56744	185	30	the	the	DET
cjfa-56744	185	31	top	top	ADJ
cjfa-56744	185	32	three	three	NUM
cjfa-56744	185	33	and	and	CCONJ
cjfa-56744	185	34	top	top	ADJ
cjfa-56744	185	35	five	five	NUM
cjfa-56744	185	36	blockholders	blockholder	NOUN
cjfa-56744	185	37	.	.	PUNCT
cjfa-56744	186	1	the	the	DET
cjfa-56744	186	2	findings	finding	NOUN
cjfa-56744	186	3	reveal	reveal	VERB
cjfa-56744	186	4	that	that	SCONJ
cjfa-56744	186	5	while	while	SCONJ
cjfa-56744	186	6	the	the	DET
cjfa-56744	186	7	coalition	coalition	NOUN
cjfa-56744	186	8	of	of	ADP
cjfa-56744	186	9	the	the	DET
cjfa-56744	186	10	top	top	ADJ
cjfa-56744	186	11	five	five	NUM
cjfa-56744	186	12	external	external	ADJ
cjfa-56744	186	13	blockholders	blockholder	NOUN
cjfa-56744	186	14	significantly	significantly	ADV
cjfa-56744	186	15	affects	affect	VERB
cjfa-56744	186	16	csr	csr	NOUN
cjfa-56744	186	17	spending	spending	NOUN
cjfa-56744	186	18	,	,	PUNCT
cjfa-56744	186	19	the	the	DET
cjfa-56744	186	20	influence	influence	NOUN
cjfa-56744	186	21	of	of	ADP
cjfa-56744	186	22	the	the	DET
cjfa-56744	186	23	top	top	ADJ
cjfa-56744	186	24	three	three	NUM
cjfa-56744	186	25	,	,	PUNCT
cjfa-56744	186	26	though	though	SCONJ
cjfa-56744	186	27	present	present	ADJ
cjfa-56744	186	28	,	,	PUNCT
cjfa-56744	186	29	is	be	AUX
cjfa-56744	186	30	comparatively	comparatively	ADV
cjfa-56744	186	31	weaker	weak	ADJ
cjfa-56744	186	32	.	.	PUNCT
cjfa-56744	187	1	this	this	PRON
cjfa-56744	187	2	suggests	suggest	VERB
cjfa-56744	187	3	that	that	SCONJ
cjfa-56744	187	4	the	the	DET
cjfa-56744	187	5	monitoring	monitoring	NOUN
cjfa-56744	187	6	intensity	intensity	NOUN
cjfa-56744	187	7	of	of	ADP
cjfa-56744	187	8	these	these	DET
cjfa-56744	187	9	coalitions	coalition	NOUN
cjfa-56744	187	10	does	do	AUX
cjfa-56744	187	11	not	not	PART
cjfa-56744	187	12	surpass	surpass	VERB
cjfa-56744	187	13	that	that	PRON
cjfa-56744	187	14	of	of	ADP
cjfa-56744	187	15	the	the	DET
cjfa-56744	187	16	largest	large	ADJ
cjfa-56744	187	17	external	external	ADJ
cjfa-56744	187	18	block	block	NOUN
cjfa-56744	187	19	holder	holder	NOUN
cjfa-56744	187	20	.	.	PUNCT
cjfa-56744	188	1	ozdemir	ozdemir	PROPN
cjfa-56744	188	2	et	et	PROPN
cjfa-56744	188	3	al	al	PROPN
cjfa-56744	188	4	.	.	PROPN
cjfa-56744	189	1	(	(	PUNCT
cjfa-56744	189	2	2023	2023	NUM
cjfa-56744	189	3	)	)	PUNCT
cjfa-56744	189	4	highlights	highlight	VERB
cjfa-56744	189	5	the	the	DET
cjfa-56744	189	6	mitigating	mitigating	NOUN
cjfa-56744	189	7	effects	effect	NOUN
cjfa-56744	189	8	of	of	ADP
cjfa-56744	189	9	csr	csr	NOUN
cjfa-56744	189	10	,	,	PUNCT
cjfa-56744	189	11	institutional	institutional	ADJ
cjfa-56744	189	12	ownership	ownership	NOUN
cjfa-56744	189	13	,	,	PUNCT
cjfa-56744	189	14	and	and	CCONJ
cjfa-56744	189	15	cash	cash	NOUN
cjfa-56744	189	16	holdings	holding	NOUN
cjfa-56744	189	17	on	on	ADP
cjfa-56744	189	18	economic	economic	ADJ
cjfa-56744	189	19	policy	policy	NOUN
cjfa-56744	189	20	uncertainty	uncertainty	NOUN
cjfa-56744	189	21	,	,	PUNCT
cjfa-56744	189	22	paralleling	parallel	VERB
cjfa-56744	189	23	the	the	DET
cjfa-56744	189	24	present	present	ADJ
cjfa-56744	189	25	study	study	NOUN
cjfa-56744	189	26	’s	’s	PART
cjfa-56744	189	27	findings	finding	NOUN
cjfa-56744	189	28	on	on	ADP
cjfa-56744	189	29	the	the	DET
cjfa-56744	189	30	significant	significant	ADJ
cjfa-56744	189	31	positive	positive	ADJ
cjfa-56744	189	32	impacts	impact	NOUN
cjfa-56744	189	33	of	of	ADP
cjfa-56744	189	34	roait-1	roait-1	PROPN
cjfa-56744	189	35	(	(	PUNCT
cjfa-56744	189	36	0.151	0.151	NUM
cjfa-56744	189	37	*	*	NUM
cjfa-56744	189	38	)	)	PUNCT
cjfa-56744	189	39	and	and	CCONJ
cjfa-56744	189	40	ageit-1	ageit-1	NUM
cjfa-56744	189	41	(	(	PUNCT
cjfa-56744	189	42	0.145	0.145	NUM
cjfa-56744	189	43	*	*	PUNCT
cjfa-56744	189	44	)	)	PUNCT
cjfa-56744	189	45	on	on	ADP
cjfa-56744	189	46	csr	csr	NOUN
cjfa-56744	189	47	spending	spending	NOUN
cjfa-56744	189	48	.	.	PUNCT
cjfa-56744	190	1	the	the	DET
cjfa-56744	190	2	significant	significant	ADJ
cjfa-56744	190	3	coefficient	coefficient	NOUN
cjfa-56744	190	4	of	of	ADP
cjfa-56744	190	5	indcsrit-1	indcsrit-1	PROPN
cjfa-56744	190	6	(	(	PUNCT
cjfa-56744	190	7	0.261	0.261	NUM
cjfa-56744	190	8	*	*	PRON
cjfa-56744	190	9	)	)	PUNCT
cjfa-56744	190	10	underscores	underscore	VERB
cjfa-56744	190	11	the	the	DET
cjfa-56744	190	12	role	role	NOUN
cjfa-56744	190	13	of	of	ADP
cjfa-56744	190	14	industry	industry	NOUN
cjfa-56744	190	15	standards	standard	NOUN
cjfa-56744	190	16	in	in	ADP
cjfa-56744	190	17	promoting	promote	VERB
cjfa-56744	190	18	csr	csr	NOUN
cjfa-56744	190	19	activities	activity	NOUN
cjfa-56744	190	20	.	.	PUNCT
cjfa-56744	191	1	does	do	AUX
cjfa-56744	191	2	blockholders	blockholder	NOUN
cjfa-56744	191	3	’	’	PART
cjfa-56744	191	4	concentration	concentration	NOUN
cjfa-56744	191	5	influence	influence	NOUN
cjfa-56744	191	6	spending	spending	NOUN
cjfa-56744	191	7	…	…	PUNCT
cjfa-56744	191	8	101101	101101	NUM
cjfa-56744	191	9	this	this	DET
cjfa-56744	191	10	study	study	NOUN
cjfa-56744	191	11	corroborates	corroborate	VERB
cjfa-56744	191	12	prior	prior	ADJ
cjfa-56744	191	13	studies	study	NOUN
cjfa-56744	191	14	that	that	PRON
cjfa-56744	191	15	identified	identify	VERB
cjfa-56744	191	16	a	a	DET
cjfa-56744	191	17	positive	positive	ADJ
cjfa-56744	191	18	association	association	NOUN
cjfa-56744	191	19	between	between	ADP
cjfa-56744	191	20	institutional	institutional	ADJ
cjfa-56744	191	21	ownership	ownership	NOUN
cjfa-56744	191	22	and	and	CCONJ
cjfa-56744	191	23	csr	csr	NOUN
cjfa-56744	191	24	spending	spending	NOUN
cjfa-56744	191	25	in	in	ADP
cjfa-56744	191	26	the	the	DET
cjfa-56744	191	27	chinese	chinese	PROPN
cjfa-56744	191	28	(	(	PUNCT
cjfa-56744	191	29	zhou	zhou	PROPN
cjfa-56744	191	30	et	et	PROPN
cjfa-56744	191	31	al	al	PROPN
cjfa-56744	191	32	.	.	PROPN
cjfa-56744	191	33	,	,	PUNCT
cjfa-56744	191	34	2024	2024	NUM
cjfa-56744	191	35	)	)	PUNCT
cjfa-56744	191	36	and	and	CCONJ
cjfa-56744	191	37	indian	indian	ADJ
cjfa-56744	191	38	markets	market	NOUN
cjfa-56744	191	39	(	(	PUNCT
cjfa-56744	191	40	panicker	panicker	NOUN
cjfa-56744	191	41	,	,	PUNCT
cjfa-56744	191	42	2017	2017	NUM
cjfa-56744	191	43	;	;	PUNCT
cjfa-56744	191	44	nuvaid	nuvaid	VERB
cjfa-56744	191	45	,	,	PUNCT
cjfa-56744	191	46	sardar	sardar	PROPN
cjfa-56744	191	47	&	&	CCONJ
cjfa-56744	191	48	chakravarty	chakravarty	PROPN
cjfa-56744	191	49	,	,	PUNCT
cjfa-56744	191	50	2018	2018	NUM
cjfa-56744	191	51	;	;	PUNCT
cjfa-56744	191	52	tokas	tokas	NOUN
cjfa-56744	191	53	&	&	CCONJ
cjfa-56744	191	54	yadav	yadav	PROPN
cjfa-56744	191	55	,	,	PUNCT
cjfa-56744	191	56	2020	2020	NUM
cjfa-56744	191	57	;	;	PUNCT
cjfa-56744	191	58	manogna	manogna	PROPN
cjfa-56744	191	59	&	&	CCONJ
cjfa-56744	191	60	mishra	mishra	PROPN
cjfa-56744	191	61	,	,	PUNCT
cjfa-56744	191	62	2021	2021	NUM
cjfa-56744	191	63	)	)	PUNCT
cjfa-56744	191	64	.	.	PUNCT
cjfa-56744	192	1	however	however	ADV
cjfa-56744	192	2	,	,	PUNCT
cjfa-56744	192	3	it	it	PRON
cjfa-56744	192	4	provides	provide	VERB
cjfa-56744	192	5	a	a	DET
cjfa-56744	192	6	nuanced	nuanced	ADJ
cjfa-56744	192	7	analysis	analysis	NOUN
cjfa-56744	192	8	of	of	ADP
cjfa-56744	192	9	blockholder	blockholder	NOUN
cjfa-56744	192	10	concentration	concentration	NOUN
cjfa-56744	192	11	,	,	PUNCT
cjfa-56744	192	12	offering	offer	VERB
cjfa-56744	192	13	deeper	deep	ADJ
cjfa-56744	192	14	insights	insight	NOUN
cjfa-56744	192	15	into	into	ADP
cjfa-56744	192	16	the	the	DET
cjfa-56744	192	17	relationship	relationship	NOUN
cjfa-56744	192	18	between	between	ADP
cjfa-56744	192	19	blockholder	blockholder	NOUN
cjfa-56744	192	20	concentration	concentration	NOUN
cjfa-56744	192	21	and	and	CCONJ
cjfa-56744	192	22	csr	csr	NOUN
cjfa-56744	192	23	spending	spending	NOUN
cjfa-56744	192	24	.	.	PUNCT
cjfa-56744	193	1	the	the	DET
cjfa-56744	193	2	results	result	NOUN
cjfa-56744	193	3	underscore	underscore	VERB
cjfa-56744	193	4	the	the	DET
cjfa-56744	193	5	significant	significant	ADJ
cjfa-56744	193	6	role	role	NOUN
cjfa-56744	193	7	of	of	ADP
cjfa-56744	193	8	external	external	ADJ
cjfa-56744	193	9	blockholders	blockholder	NOUN
cjfa-56744	193	10	and	and	CCONJ
cjfa-56744	193	11	the	the	DET
cjfa-56744	193	12	significant	significant	ADJ
cjfa-56744	193	13	effects	effect	NOUN
cjfa-56744	193	14	of	of	ADP
cjfa-56744	193	15	coalition	coalition	NOUN
cjfa-56744	193	16	strength	strength	NOUN
cjfa-56744	193	17	on	on	ADP
cjfa-56744	193	18	csr	csr	NOUN
cjfa-56744	193	19	initiatives	initiative	NOUN
cjfa-56744	193	20	.	.	PUNCT
cjfa-56744	194	1	moderating	moderate	VERB
cjfa-56744	194	2	effect	effect	NOUN
cjfa-56744	194	3	of	of	ADP
cjfa-56744	194	4	group	group	NOUN
cjfa-56744	194	5	affiliation	affiliation	NOUN
cjfa-56744	194	6	moderating	moderate	VERB
cjfa-56744	194	7	effect	effect	NOUN
cjfa-56744	194	8	of	of	ADP
cjfa-56744	194	9	group	group	NOUN
cjfa-56744	194	10	affiliation	affiliation	NOUN
cjfa-56744	194	11	in	in	ADP
cjfa-56744	194	12	india	india	PROPN
cjfa-56744	194	13	,	,	PUNCT
cjfa-56744	194	14	business	business	NOUN
cjfa-56744	194	15	groups	group	NOUN
cjfa-56744	194	16	often	often	ADV
cjfa-56744	194	17	establish	establish	VERB
cjfa-56744	194	18	crossholdings	crossholding	NOUN
cjfa-56744	194	19	among	among	ADP
cjfa-56744	194	20	their	their	PRON
cjfa-56744	194	21	subsidiaries	subsidiary	NOUN
cjfa-56744	194	22	,	,	PUNCT
cjfa-56744	194	23	creating	create	VERB
cjfa-56744	194	24	disparities	disparity	NOUN
cjfa-56744	194	25	between	between	ADP
cjfa-56744	194	26	promoter	promoter	NOUN
cjfa-56744	194	27	controls	control	NOUN
cjfa-56744	194	28	and	and	CCONJ
cjfa-56744	194	29	cash	cash	NOUN
cjfa-56744	194	30	flow	flow	NOUN
cjfa-56744	194	31	rights	right	NOUN
cjfa-56744	194	32	(	(	PUNCT
cjfa-56744	194	33	mitton	mitton	PROPN
cjfa-56744	194	34	,	,	PUNCT
cjfa-56744	194	35	2002	2002	NUM
cjfa-56744	194	36	;	;	PUNCT
cjfa-56744	194	37	john	john	PROPN
cjfa-56744	194	38	,	,	PUNCT
cjfa-56744	194	39	2003	2003	NUM
cjfa-56744	194	40	;	;	PUNCT
cjfa-56744	194	41	baek	baek	PROPN
cjfa-56744	194	42	,	,	PUNCT
cjfa-56744	194	43	kang	kang	PROPN
cjfa-56744	194	44	&	&	CCONJ
cjfa-56744	194	45	suh	suh	PROPN
cjfa-56744	194	46	park	park	PROPN
cjfa-56744	194	47	,	,	PUNCT
cjfa-56744	194	48	2004	2004	NUM
cjfa-56744	194	49	)	)	PUNCT
cjfa-56744	194	50	.	.	PUNCT
cjfa-56744	195	1	this	this	PRON
cjfa-56744	195	2	leads	lead	VERB
cjfa-56744	195	3	to	to	ADP
cjfa-56744	195	4	the	the	DET
cjfa-56744	195	5	emergence	emergence	NOUN
cjfa-56744	195	6	of	of	ADP
cjfa-56744	195	7	type-2	type-2	NUM
cjfa-56744	195	8	agency	agency	NOUN
cjfa-56744	195	9	problems	problem	NOUN
cjfa-56744	195	10	(	(	PUNCT
cjfa-56744	195	11	la	la	INTJ
cjfa-56744	195	12	porta	porta	NOUN
cjfa-56744	195	13	,	,	PUNCT
cjfa-56744	195	14	lopez	lopez	NOUN
cjfa-56744	195	15	-	-	PUNCT
cjfa-56744	195	16	de	de	NOUN
cjfa-56744	195	17	-	-	NOUN
cjfa-56744	195	18	silanes	silane	NOUN
cjfa-56744	195	19	&	&	CCONJ
cjfa-56744	195	20	shleifer	shleifer	PROPN
cjfa-56744	195	21	,	,	PUNCT
cjfa-56744	195	22	1999	1999	NUM
cjfa-56744	195	23	;	;	PUNCT
cjfa-56744	195	24	claessens	claessen	NOUN
cjfa-56744	195	25	,	,	PUNCT
cjfa-56744	195	26	djankov	djankov	PROPN
cjfa-56744	195	27	&	&	CCONJ
cjfa-56744	195	28	lang	lang	PROPN
cjfa-56744	195	29	,	,	PUNCT
cjfa-56744	195	30	2000	2000	NUM
cjfa-56744	195	31	;	;	PUNCT
cjfa-56744	195	32	almeida	almeida	PROPN
cjfa-56744	195	33	&	&	CCONJ
cjfa-56744	195	34	wolfensohn	wolfensohn	PROPN
cjfa-56744	195	35	,	,	PUNCT
cjfa-56744	195	36	2006	2006	NUM
cjfa-56744	195	37	)	)	PUNCT
cjfa-56744	195	38	,	,	PUNCT
cjfa-56744	195	39	which	which	PRON
cjfa-56744	195	40	can	can	AUX
cjfa-56744	195	41	result	result	VERB
cjfa-56744	195	42	in	in	ADP
cjfa-56744	195	43	controlling	control	VERB
cjfa-56744	195	44	shareholders	shareholder	NOUN
cjfa-56744	195	45	engaging	engage	VERB
cjfa-56744	195	46	in	in	ADP
cjfa-56744	195	47	opportunistic	opportunistic	ADJ
cjfa-56744	195	48	behavior	behavior	NOUN
cjfa-56744	195	49	,	,	PUNCT
cjfa-56744	195	50	such	such	ADJ
cjfa-56744	195	51	as	as	ADP
cjfa-56744	195	52	expropriating	expropriate	VERB
cjfa-56744	195	53	resources	resource	NOUN
cjfa-56744	195	54	and	and	CCONJ
cjfa-56744	195	55	undermining	undermine	VERB
cjfa-56744	195	56	csr	csr	NOUN
cjfa-56744	195	57	investments	investment	NOUN
cjfa-56744	195	58	(	(	PUNCT
cjfa-56744	195	59	lee	lee	PROPN
cjfa-56744	195	60	&	&	CCONJ
cjfa-56744	195	61	choi	choi	PROPN
cjfa-56744	195	62	,	,	PUNCT
cjfa-56744	195	63	2018	2018	NUM
cjfa-56744	195	64	)	)	PUNCT
cjfa-56744	195	65	.	.	PUNCT
cjfa-56744	196	1	in	in	ADP
cjfa-56744	196	2	business	business	NOUN
cjfa-56744	196	3	groups	group	NOUN
cjfa-56744	196	4	with	with	ADP
cjfa-56744	196	5	pyramid	pyramid	NOUN
cjfa-56744	196	6	-	-	PUNCT
cjfa-56744	196	7	shaped	shape	VERB
cjfa-56744	196	8	inter	inter	ADJ
cjfa-56744	196	9	-	-	ADJ
cjfa-56744	196	10	corporate	corporate	ADJ
cjfa-56744	196	11	holdings	holding	NOUN
cjfa-56744	196	12	,	,	PUNCT
cjfa-56744	196	13	where	where	SCONJ
cjfa-56744	196	14	controlling	controlling	NOUN
cjfa-56744	196	15	rights	right	NOUN
cjfa-56744	196	16	exceed	exceed	VERB
cjfa-56744	196	17	cash	cash	NOUN
cjfa-56744	196	18	flow	flow	NOUN
cjfa-56744	196	19	rights	right	NOUN
cjfa-56744	196	20	,	,	PUNCT
cjfa-56744	196	21	this	this	DET
cjfa-56744	196	22	problem	problem	NOUN
cjfa-56744	196	23	is	be	AUX
cjfa-56744	196	24	further	far	ADV
cjfa-56744	196	25	exacerbated	exacerbate	VERB
cjfa-56744	196	26	(	(	PUNCT
cjfa-56744	196	27	la	la	INTJ
cjfa-56744	196	28	porta	porta	NOUN
cjfa-56744	196	29	et	et	PROPN
cjfa-56744	196	30	al	al	PROPN
cjfa-56744	196	31	.	.	PROPN
cjfa-56744	196	32	,	,	PUNCT
cjfa-56744	196	33	1999	1999	NUM
cjfa-56744	196	34	;	;	PUNCT
cjfa-56744	196	35	claessens	claessen	VERB
cjfa-56744	196	36	et	et	PROPN
cjfa-56744	196	37	al	al	PROPN
cjfa-56744	196	38	.	.	PROPN
cjfa-56744	196	39	,	,	PUNCT
cjfa-56744	196	40	2000	2000	NUM
cjfa-56744	196	41	;	;	PUNCT
cjfa-56744	197	1	lamont	lamont	PROPN
cjfa-56744	197	2	,	,	PUNCT
cjfa-56744	197	3	1997	1997	NUM
cjfa-56744	197	4	;	;	PUNCT
cjfa-56744	197	5	scharfstein	scharfstein	PROPN
cjfa-56744	197	6	&	&	CCONJ
cjfa-56744	197	7	stein	stein	PROPN
cjfa-56744	197	8	,	,	PUNCT
cjfa-56744	197	9	2000	2000	NUM
cjfa-56744	197	10	;	;	PUNCT
cjfa-56744	197	11	shin	shin	PROPN
cjfa-56744	197	12	&	&	CCONJ
cjfa-56744	197	13	stulz	stulz	ADJ
cjfa-56744	197	14	,	,	PUNCT
cjfa-56744	197	15	1998	1998	NUM
cjfa-56744	197	16	)	)	PUNCT
cjfa-56744	197	17	.	.	PUNCT
cjfa-56744	198	1	this	this	DET
cjfa-56744	198	2	study	study	NOUN
cjfa-56744	198	3	investigates	investigate	VERB
cjfa-56744	198	4	the	the	DET
cjfa-56744	198	5	potential	potential	ADJ
cjfa-56744	198	6	role	role	NOUN
cjfa-56744	198	7	of	of	ADP
cjfa-56744	198	8	external	external	ADJ
cjfa-56744	198	9	blockholders	blockholder	NOUN
cjfa-56744	198	10	in	in	ADP
cjfa-56744	198	11	mitigating	mitigate	VERB
cjfa-56744	198	12	opportunistic	opportunistic	ADJ
cjfa-56744	198	13	behavior	behavior	NOUN
cjfa-56744	198	14	in	in	ADP
cjfa-56744	198	15	promoters	promoter	NOUN
cjfa-56744	198	16	.	.	PUNCT
cjfa-56744	199	1	h2	h2	PROPN
cjfa-56744	199	2	:	:	PUNCT
cjfa-56744	199	3	the	the	DET
cjfa-56744	199	4	salience	salience	NOUN
cjfa-56744	199	5	and	and	CCONJ
cjfa-56744	199	6	monitoring	monitor	VERB
cjfa-56744	199	7	power	power	NOUN
cjfa-56744	199	8	of	of	ADP
cjfa-56744	199	9	external	external	ADJ
cjfa-56744	199	10	blockholders	blockholder	NOUN
cjfa-56744	199	11	are	be	AUX
cjfa-56744	199	12	less	less	ADJ
cjfa-56744	199	13	in	in	ADP
cjfa-56744	199	14	group	group	NOUN
cjfa-56744	199	15	-	-	PUNCT
cjfa-56744	199	16	affiliated	affiliate	VERB
cjfa-56744	199	17	firms	firm	NOUN
cjfa-56744	199	18	than	than	ADP
cjfa-56744	199	19	in	in	ADP
cjfa-56744	199	20	standalone	standalone	ADJ
cjfa-56744	199	21	firms	firm	NOUN
cjfa-56744	199	22	.	.	PUNCT
cjfa-56744	200	1	hypothesis	hypothesis	NOUN
cjfa-56744	200	2	h2	h2	PROPN
cjfa-56744	200	3	is	be	AUX
cjfa-56744	200	4	derived	derive	VERB
cjfa-56744	200	5	from	from	ADP
cjfa-56744	200	6	the	the	DET
cjfa-56744	200	7	context	context	NOUN
cjfa-56744	200	8	of	of	ADP
cjfa-56744	200	9	family	family	NOUN
cjfa-56744	200	10	-	-	PUNCT
cjfa-56744	200	11	owned	own	VERB
cjfa-56744	200	12	business	business	NOUN
cjfa-56744	200	13	groups	group	NOUN
cjfa-56744	200	14	in	in	ADP
cjfa-56744	200	15	india	india	PROPN
cjfa-56744	200	16	,	,	PUNCT
cjfa-56744	200	17	where	where	SCONJ
cjfa-56744	200	18	cross	cross	NOUN
cjfa-56744	200	19	-	-	NOUN
cjfa-56744	200	20	holdings	holding	NOUN
cjfa-56744	200	21	among	among	ADP
cjfa-56744	200	22	subsidiaries	subsidiary	NOUN
cjfa-56744	200	23	often	often	ADV
cjfa-56744	200	24	lead	lead	VERB
cjfa-56744	200	25	to	to	ADP
cjfa-56744	200	26	a	a	DET
cjfa-56744	200	27	disparity	disparity	NOUN
cjfa-56744	200	28	between	between	ADP
cjfa-56744	200	29	promoters	promoter	NOUN
cjfa-56744	200	30	’	’	PART
cjfa-56744	200	31	control	control	NOUN
cjfa-56744	200	32	and	and	CCONJ
cjfa-56744	200	33	cash	cash	NOUN
cjfa-56744	200	34	flow	flow	NOUN
cjfa-56744	200	35	rights	right	NOUN
cjfa-56744	200	36	,	,	PUNCT
cjfa-56744	200	37	thus	thus	ADV
cjfa-56744	200	38	catalysing	catalyse	VERB
cjfa-56744	200	39	type-2	type-2	NUM
cjfa-56744	200	40	agency	agency	NOUN
cjfa-56744	200	41	problems	problem	NOUN
cjfa-56744	200	42	.	.	PUNCT
cjfa-56744	201	1	the	the	DET
cjfa-56744	201	2	literature	literature	NOUN
cjfa-56744	201	3	indicates	indicate	VERB
cjfa-56744	201	4	that	that	SCONJ
cjfa-56744	201	5	these	these	DET
cjfa-56744	201	6	structures	structure	NOUN
cjfa-56744	201	7	enable	enable	VERB
cjfa-56744	201	8	controlling	control	VERB
cjfa-56744	201	9	shareholders	shareholder	NOUN
cjfa-56744	201	10	to	to	PART
cjfa-56744	201	11	engage	engage	VERB
cjfa-56744	201	12	in	in	ADP
cjfa-56744	201	13	opportunistic	opportunistic	ADJ
cjfa-56744	201	14	behavior	behavior	NOUN
cjfa-56744	201	15	,	,	PUNCT
cjfa-56744	201	16	potentially	potentially	ADV
cjfa-56744	201	17	at	at	ADP
cjfa-56744	201	18	the	the	DET
cjfa-56744	201	19	expense	expense	NOUN
cjfa-56744	201	20	of	of	ADP
cjfa-56744	201	21	csr	csr	NOUN
cjfa-56744	201	22	investments	investment	NOUN
cjfa-56744	201	23	.	.	PUNCT
cjfa-56744	202	1	this	this	DET
cjfa-56744	202	2	hypothesis	hypothesis	NOUN
cjfa-56744	202	3	anticipates	anticipate	VERB
cjfa-56744	202	4	that	that	SCONJ
cjfa-56744	202	5	,	,	PUNCT
cjfa-56744	202	6	in	in	ADP
cjfa-56744	202	7	such	such	ADJ
cjfa-56744	202	8	intricate	intricate	ADJ
cjfa-56744	202	9	groupaffiliated	groupaffiliate	VERB
cjfa-56744	202	10	firms	firm	NOUN
cjfa-56744	202	11	,	,	PUNCT
cjfa-56744	202	12	the	the	DET
cjfa-56744	202	13	salience	salience	NOUN
cjfa-56744	202	14	and	and	CCONJ
cjfa-56744	202	15	monitoring	monitor	VERB
cjfa-56744	202	16	power	power	NOUN
cjfa-56744	202	17	of	of	ADP
cjfa-56744	202	18	external	external	ADJ
cjfa-56744	202	19	blockholders	blockholder	NOUN
cjfa-56744	202	20	might	might	AUX
cjfa-56744	202	21	be	be	AUX
cjfa-56744	202	22	diminished	diminish	VERB
cjfa-56744	202	23	compared	compare	VERB
cjfa-56744	202	24	to	to	ADP
cjfa-56744	202	25	standalone	standalone	ADJ
cjfa-56744	202	26	firms	firm	NOUN
cjfa-56744	202	27	because	because	SCONJ
cjfa-56744	202	28	of	of	ADP
cjfa-56744	202	29	these	these	DET
cjfa-56744	202	30	entrenched	entrenched	ADJ
cjfa-56744	202	31	governance	governance	NOUN
cjfa-56744	202	32	structures	structure	NOUN
cjfa-56744	202	33	and	and	CCONJ
cjfa-56744	202	34	the	the	DET
cjfa-56744	202	35	potential	potential	NOUN
cjfa-56744	202	36	for	for	ADP
cjfa-56744	202	37	promoter	promoter	NOUN
cjfa-56744	202	38	overreach	overreach	NOUN
cjfa-56744	202	39	.	.	PUNCT
cjfa-56744	203	1	the	the	DET
cjfa-56744	203	2	present	present	ADJ
cjfa-56744	203	3	study	study	NOUN
cjfa-56744	203	4	tested	test	VERB
cjfa-56744	203	5	the	the	DET
cjfa-56744	203	6	moderating	moderate	VERB
cjfa-56744	203	7	effect	effect	NOUN
cjfa-56744	203	8	of	of	ADP
cjfa-56744	203	9	group	group	NOUN
cjfa-56744	203	10	affiliation	affiliation	NOUN
cjfa-56744	203	11	status	status	NOUN
cjfa-56744	203	12	on	on	ADP
cjfa-56744	203	13	the	the	DET
cjfa-56744	203	14	re	re	PROPN
cjfa-56744	203	15	srikanth	srikanth	PROPN
cjfa-56744	203	16	potharla102102	potharla102102	PROPN
cjfa-56744	203	17	lationship	lationship	NOUN
cjfa-56744	203	18	between	between	ADP
cjfa-56744	203	19	blockholder	blockholder	NOUN
cjfa-56744	203	20	concentration	concentration	NOUN
cjfa-56744	203	21	and	and	CCONJ
cjfa-56744	203	22	csr	csr	NOUN
cjfa-56744	203	23	spending	spending	NOUN
cjfa-56744	203	24	by	by	ADP
cjfa-56744	203	25	employing	employ	VERB
cjfa-56744	203	26	the	the	DET
cjfa-56744	203	27	following	follow	VERB
cjfa-56744	203	28	empirical	empirical	ADJ
cjfa-56744	203	29	models	model	NOUN
cjfa-56744	203	30	:	:	PUNCT
cjfa-56744	203	31	csrit	csrit	NOUN
cjfa-56744	203	32	=	=	SYM
cjfa-56744	203	33	α0	α0	PROPN
cjfa-56744	204	1	+	+	CCONJ
cjfa-56744	204	2	β1topnonpromit−1	β1topnonpromit−1	PUNCT
cjfa-56744	204	3	*	*	PUNCT
cjfa-56744	204	4	gdummyit−1	gdummyit−1	PROPN
cjfa-56744	204	5	+	+	CCONJ
cjfa-56744	204	6	β2toppromit−1	β2toppromit−1	PROPN
cjfa-56744	204	7	*	*	PUNCT
cjfa-56744	204	8	gdummyit−1	gdummyit−1	PROPN
cjfa-56744	204	9	+	+	CCONJ
cjfa-56744	204	10	γ1roait−1	γ1roait−1	PROPN
cjfa-56744	205	1	+	+	CCONJ
cjfa-56744	205	2	γ2logfcfeit−1	γ2logfcfeit−1	PROPN
cjfa-56744	205	3	+	+	CCONJ
cjfa-56744	205	4	γ3debtit−1	γ3debtit−1	ADV
cjfa-56744	205	5	+	+	CCONJ
cjfa-56744	205	6	γ4ageit−1	γ4ageit−1	NOUN
cjfa-56744	205	7	+	+	CCONJ
cjfa-56744	205	8	γ5indcsrit-1	γ5indcsrit-1	ADJ
cjfa-56744	205	9	+	+	CCONJ
cjfa-56744	205	10	εit	εit	VERB
cjfa-56744	205	11	(	(	PUNCT
cjfa-56744	205	12	5	5	NUM
cjfa-56744	205	13	)	)	PUNCT
cjfa-56744	205	14	csrit	csrit	NOUN
cjfa-56744	205	15	=	=	SYM
cjfa-56744	205	16	α0	α0	PROPN
cjfa-56744	205	17	+	+	CCONJ
cjfa-56744	206	1	β1top5nonpromit−1	β1top5nonpromit−1	PROPN
cjfa-56744	206	2	*	*	PUNCT
cjfa-56744	206	3	gdummyit−1	gdummyit−1	PROPN
cjfa-56744	206	4	+	+	CCONJ
cjfa-56744	206	5	β2top5promit−1	β2top5promit−1	PROPN
cjfa-56744	206	6	*	*	PUNCT
cjfa-56744	206	7	gdummyit−1	gdummyit−1	PROPN
cjfa-56744	206	8	+	+	CCONJ
cjfa-56744	206	9	γ1roait−1	γ1roait−1	PROPN
cjfa-56744	207	1	+	+	CCONJ
cjfa-56744	207	2	γ2logfcfeit−1	γ2logfcfeit−1	PROPN
cjfa-56744	207	3	+	+	CCONJ
cjfa-56744	207	4	γ3debtit−1	γ3debtit−1	ADV
cjfa-56744	207	5	+	+	CCONJ
cjfa-56744	207	6	γ4ageit−1	γ4ageit−1	NOUN
cjfa-56744	207	7	+	+	CCONJ
cjfa-56744	207	8	γ5indcsrit-1	γ5indcsrit-1	ADJ
cjfa-56744	207	9	+	+	CCONJ
cjfa-56744	207	10	εit	εit	VERB
cjfa-56744	207	11	(	(	PUNCT
cjfa-56744	207	12	6	6	NUM
cjfa-56744	207	13	)	)	PUNCT
cjfa-56744	207	14	csrit	csrit	NOUN
cjfa-56744	207	15	=	=	SYM
cjfa-56744	207	16	α0	α0	PROPN
cjfa-56744	207	17	+	+	CCONJ
cjfa-56744	207	18	β1top3nonpromit−1	β1top3nonpromit−1	ADJ
cjfa-56744	207	19	*	*	PUNCT
cjfa-56744	208	1	gdummyit−1	gdummyit−1	PROPN
cjfa-56744	208	2	+	+	CCONJ
cjfa-56744	208	3	β2top3promit−1	β2top3promit−1	PROPN
cjfa-56744	209	1	*	*	PUNCT
cjfa-56744	209	2	gdummyit−1	gdummyit−1	PROPN
cjfa-56744	209	3	+	+	X
cjfa-56744	209	4	γ1roait−1	γ1roait−1	PROPN
cjfa-56744	210	1	+	+	CCONJ
cjfa-56744	210	2	γ2logfcfeit−1	γ2logfcfeit−1	PROPN
cjfa-56744	210	3	+	+	CCONJ
cjfa-56744	210	4	γ3debtit−1	γ3debtit−1	ADV
cjfa-56744	210	5	+	+	CCONJ
cjfa-56744	210	6	γ4ageit−1	γ4ageit−1	NOUN
cjfa-56744	210	7	+	+	CCONJ
cjfa-56744	210	8	γ5indcsrit-1	γ5indcsrit-1	ADJ
cjfa-56744	210	9	+	+	CCONJ
cjfa-56744	210	10	εit	εit	VERB
cjfa-56744	210	11	(	(	PUNCT
cjfa-56744	210	12	7	7	NUM
cjfa-56744	210	13	)	)	PUNCT
cjfa-56744	210	14	csrit	csrit	NOUN
cjfa-56744	210	15	=	=	SYM
cjfa-56744	211	1	α0	α0	ADJ
cjfa-56744	211	2	+	+	CCONJ
cjfa-56744	211	3	β1contestnonpromit−1	β1contestnonpromit−1	PROPN
cjfa-56744	211	4	*	*	PUNCT
cjfa-56744	211	5	gdummyit−1	gdummyit−1	PROPN
cjfa-56744	211	6	+	+	CCONJ
cjfa-56744	211	7	β2dompromit−1	β2dompromit−1	PUNCT
cjfa-56744	211	8	*	*	PUNCT
cjfa-56744	211	9	gdummyit−1	gdummyit−1	PROPN
cjfa-56744	211	10	+	+	X
cjfa-56744	211	11	γ1roait−1	γ1roait−1	PROPN
cjfa-56744	212	1	+	+	CCONJ
cjfa-56744	212	2	γ2logfcfeit−1	γ2logfcfeit−1	PROPN
cjfa-56744	212	3	+	+	CCONJ
cjfa-56744	212	4	γ3debtit−1	γ3debtit−1	ADV
cjfa-56744	212	5	+	+	CCONJ
cjfa-56744	212	6	γ4ageit−1	γ4ageit−1	NOUN
cjfa-56744	212	7	+	+	CCONJ
cjfa-56744	212	8	γ5indcsrit-1	γ5indcsrit-1	ADJ
cjfa-56744	212	9	+	+	CCONJ
cjfa-56744	212	10	εit	εit	VERB
cjfa-56744	212	11	(	(	PUNCT
cjfa-56744	212	12	8)	8)	NUM
cjfa-56744	212	13	equations	equation	NOUN
cjfa-56744	212	14	(	(	PUNCT
cjfa-56744	212	15	5)–(8	5)–(8	NUM
cjfa-56744	212	16	)	)	PUNCT
cjfa-56744	212	17	,	,	PUNCT
cjfa-56744	212	18	gdummyit–1	gdummyit–1	PROPN
cjfa-56744	212	19	refer	refer	VERB
cjfa-56744	212	20	to	to	ADP
cjfa-56744	212	21	dummy	dummy	ADJ
cjfa-56744	212	22	variables	variable	NOUN
cjfa-56744	212	23	for	for	ADP
cjfa-56744	212	24	the	the	DET
cjfa-56744	212	25	group	group	NOUN
cjfa-56744	212	26	affiliation	affiliation	NOUN
cjfa-56744	212	27	status	status	NOUN
cjfa-56744	212	28	of	of	ADP
cjfa-56744	212	29	a	a	DET
cjfa-56744	212	30	firm	firm	NOUN
cjfa-56744	212	31	.	.	PUNCT
cjfa-56744	213	1	if	if	SCONJ
cjfa-56744	213	2	the	the	DET
cjfa-56744	213	3	firm	firm	NOUN
cjfa-56744	213	4	belongs	belong	VERB
cjfa-56744	213	5	to	to	ADP
cjfa-56744	213	6	any	any	DET
cjfa-56744	213	7	business	business	NOUN
cjfa-56744	213	8	group	group	NOUN
cjfa-56744	213	9	,	,	PUNCT
cjfa-56744	213	10	the	the	DET
cjfa-56744	213	11	value	value	NOUN
cjfa-56744	213	12	is	be	AUX
cjfa-56744	213	13	‘	'	PUNCT
cjfa-56744	213	14	1	1	NUM
cjfa-56744	213	15	’	'	PUNCT
cjfa-56744	213	16	;	;	PUNCT
cjfa-56744	213	17	otherwise	otherwise	ADV
cjfa-56744	213	18	,	,	PUNCT
cjfa-56744	213	19	‘	'	PUNCT
cjfa-56744	213	20	0	0	NUM
cjfa-56744	213	21	.	.	PUNCT
cjfa-56744	213	22	’	'	PUNCT
cjfa-56744	214	1	all	all	DET
cjfa-56744	214	2	the	the	DET
cjfa-56744	214	3	remaining	remain	VERB
cjfa-56744	214	4	variables	variable	NOUN
cjfa-56744	214	5	are	be	AUX
cjfa-56744	214	6	the	the	DET
cjfa-56744	214	7	same	same	ADJ
cjfa-56744	214	8	as	as	ADP
cjfa-56744	214	9	those	those	PRON
cjfa-56744	214	10	mentioned	mention	VERB
cjfa-56744	214	11	in	in	ADP
cjfa-56744	214	12	equations	equation	NOUN
cjfa-56744	214	13	(	(	PUNCT
cjfa-56744	214	14	1	1	NUM
cjfa-56744	214	15	)	)	PUNCT
cjfa-56744	214	16	to	to	ADP
cjfa-56744	214	17	(	(	PUNCT
cjfa-56744	214	18	4	4	NUM
cjfa-56744	214	19	)	)	PUNCT
cjfa-56744	214	20	.	.	PUNCT
cjfa-56744	215	1	does	do	AUX
cjfa-56744	215	2	blockholders	blockholder	NOUN
cjfa-56744	215	3	’	’	PART
cjfa-56744	215	4	concentration	concentration	NOUN
cjfa-56744	215	5	influence	influence	NOUN
cjfa-56744	215	6	spending	spending	NOUN
cjfa-56744	215	7	…	…	SYM
cjfa-56744	215	8	103103	103103	NUM
cjfa-56744	215	9	table	table	NOUN
cjfa-56744	215	10	5	5	NUM
cjfa-56744	215	11	.	.	PUNCT
cjfa-56744	216	1	the	the	DET
cjfa-56744	216	2	moderating	moderate	VERB
cjfa-56744	216	3	effect	effect	NOUN
cjfa-56744	216	4	of	of	ADP
cjfa-56744	216	5	group	group	NOUN
cjfa-56744	216	6	affiliation	affiliation	NOUN
cjfa-56744	216	7	on	on	ADP
cjfa-56744	216	8	the	the	DET
cjfa-56744	216	9	relationship	relationship	NOUN
cjfa-56744	216	10	between	between	ADP
cjfa-56744	216	11	blockholder	blockholder	NOUN
cjfa-56744	216	12	concentration	concentration	NOUN
cjfa-56744	216	13	and	and	CCONJ
cjfa-56744	216	14	csr	csr	NOUN
cjfa-56744	216	15	spending	spend	VERB
cjfa-56744	216	16	variable	variable	NOUN
cjfa-56744	216	17	(	(	PUNCT
cjfa-56744	216	18	1	1	NUM
cjfa-56744	216	19	)	)	PUNCT
cjfa-56744	216	20	(	(	PUNCT
cjfa-56744	216	21	2	2	NUM
cjfa-56744	216	22	)	)	PUNCT
cjfa-56744	216	23	(	(	PUNCT
cjfa-56744	216	24	3	3	X
cjfa-56744	216	25	)	)	PUNCT
cjfa-56744	216	26	(	(	PUNCT
cjfa-56744	216	27	4	4	X
cjfa-56744	216	28	)	)	PUNCT
cjfa-56744	216	29	blockholder	blockholder	NOUN
cjfa-56744	216	30	concentration	concentration	NOUN
cjfa-56744	216	31	topnonpromit–1	topnonpromit–1	X
cjfa-56744	216	32	 	 	SPACE
cjfa-56744	216	33	*	*	PUNCT
cjfa-56744	216	34	 	 	SPACE
cjfa-56744	216	35	gdummyit–1	gdummyit–1	PROPN
cjfa-56744	216	36	0.167	0.167	NUM
cjfa-56744	216	37	*	*	SYM
cjfa-56744	216	38	toppromit–1	toppromit–1	NOUN
cjfa-56744	216	39	 	 	SPACE
cjfa-56744	216	40	*	*	PUNCT
cjfa-56744	216	41	 	 	SPACE
cjfa-56744	216	42	gdummyit–1	gdummyit–1	PROPN
cjfa-56744	216	43	0.196	0.196	NUM
cjfa-56744	216	44	*	*	PUNCT
cjfa-56744	217	1	top5nonpromit–1	top5nonpromit–1	VERB
cjfa-56744	217	2	 	 	SPACE
cjfa-56744	217	3	*	*	ADJ
cjfa-56744	217	4	 	 	SPACE
cjfa-56744	217	5	gdummyit–1	gdummyit–1	PROPN
cjfa-56744	217	6	0.195	0.195	NUM
cjfa-56744	217	7	*	*	SYM
cjfa-56744	218	1	top5promit–1	top5promit–1	NOUN
cjfa-56744	218	2	 	 	SPACE
cjfa-56744	218	3	*	*	PUNCT
cjfa-56744	218	4	 	 	SPACE
cjfa-56744	218	5	gdummyit–1	gdummyit–1	PROPN
cjfa-56744	218	6	0.134	0.134	NUM
cjfa-56744	218	7	*	*	PUNCT
cjfa-56744	219	1	top3nonpromit–1	top3nonpromit–1	X
cjfa-56744	219	2	 	 	SPACE
cjfa-56744	219	3	*	*	ADJ
cjfa-56744	219	4	 	 	SPACE
cjfa-56744	219	5	gdummyit–1	gdummyit–1	VERB
cjfa-56744	219	6	0.184	0.184	NUM
cjfa-56744	219	7	*	*	PUNCT
cjfa-56744	219	8	top3promit–1	top3promit–1	X
cjfa-56744	219	9	 	 	SPACE
cjfa-56744	219	10	*	*	PUNCT
cjfa-56744	219	11	 	 	SPACE
cjfa-56744	220	1	gdummyit–1	gdummyit–1	PROPN
cjfa-56744	220	2	0.153	0.153	NUM
cjfa-56744	220	3	*	*	PUNCT
cjfa-56744	220	4	contestnonpromit–1	contestnonpromit–1	PROPN
cjfa-56744	220	5	 	 	SPACE
cjfa-56744	220	6	*	*	PUNCT
cjfa-56744	220	7	 	 	SPACE
cjfa-56744	220	8	gdummyit–1	gdummyit–1	PROPN
cjfa-56744	220	9	0.068	0.068	NUM
cjfa-56744	220	10	*	*	PUNCT
cjfa-56744	220	11	dompromit–1	dompromit–1	PROPN
cjfa-56744	220	12	 	 	SPACE
cjfa-56744	220	13	*	*	ADJ
cjfa-56744	220	14	 	 	SPACE
cjfa-56744	220	15	gdummyit–1	gdummyit–1	PROPN
cjfa-56744	220	16	0.219	0.219	NUM
cjfa-56744	220	17	*	*	PUNCT
cjfa-56744	220	18	roait–1	roait–1	PROPN
cjfa-56744	220	19	0.153	0.153	NUM
cjfa-56744	220	20	*	*	NUM
cjfa-56744	220	21	0.151	0.151	NUM
cjfa-56744	220	22	*	*	SYM
cjfa-56744	220	23	0.150	0.150	NUM
cjfa-56744	220	24	*	*	SYM
cjfa-56744	220	25	0.156	0.156	NUM
cjfa-56744	220	26	*	*	PUNCT
cjfa-56744	220	27	logfcfeit–1	logfcfeit–1	PROPN
cjfa-56744	220	28	0.009	0.009	NUM
cjfa-56744	220	29	0.009	0.009	NUM
cjfa-56744	220	30	0.009	0.009	NUM
cjfa-56744	220	31	0.008	0.008	NUM
cjfa-56744	220	32	debtit–1	debtit–1	X
cjfa-56744	220	33	-0.008	-0.008	PUNCT
cjfa-56744	220	34	-0.002	-0.002	PUNCT
cjfa-56744	220	35	-0.004	-0.004	PUNCT
cjfa-56744	220	36	-0.010	-0.010	X
cjfa-56744	221	1	ageit–1	ageit–1	ADP
cjfa-56744	221	2	0.139	0.139	NUM
cjfa-56744	221	3	*	*	SYM
cjfa-56744	221	4	0.156	0.156	NUM
cjfa-56744	221	5	*	*	NOUN
cjfa-56744	221	6	0.151	0.151	NUM
cjfa-56744	221	7	*	*	NOUN
cjfa-56744	221	8	0.134	0.134	NUM
cjfa-56744	221	9	*	*	PUNCT
cjfa-56744	221	10	indcsrit–1	indcsrit–1	ADP
cjfa-56744	221	11	0.240	0.240	NUM
cjfa-56744	221	12	*	*	PUNCT
cjfa-56744	221	13	0.262	0.262	NUM
cjfa-56744	221	14	*	*	PUNCT
cjfa-56744	221	15	0.258	0.258	NUM
cjfa-56744	221	16	*	*	SYM
cjfa-56744	221	17	0.235	0.235	NUM
cjfa-56744	221	18	*	*	NOUN
cjfa-56744	221	19	constant	constant	ADJ
cjfa-56744	221	20	6.877	6.877	NUM
cjfa-56744	221	21	*	*	NOUN
cjfa-56744	221	22	6.050	6.050	NUM
cjfa-56744	221	23	*	*	PUNCT
cjfa-56744	221	24	6.211	6.211	NUM
cjfa-56744	221	25	*	*	SYM
cjfa-56744	222	1	7.300	7.300	NUM
cjfa-56744	222	2	*	*	PUNCT
cjfa-56744	222	3	r	r	X
cjfa-56744	222	4	-	-	PUNCT
cjfa-56744	222	5	squared	square	VERB
cjfa-56744	222	6	0.206	0.206	NUM
cjfa-56744	222	7	0.199	0.199	NUM
cjfa-56744	222	8	0.200	0.200	NUM
cjfa-56744	222	9	0.187	0.187	NUM
cjfa-56744	222	10	adjusted	adjusted	ADJ
cjfa-56744	222	11	r	r	NOUN
cjfa-56744	222	12	-	-	PUNCT
cjfa-56744	222	13	squared	square	VERB
cjfa-56744	222	14	0.205	0.205	NUM
cjfa-56744	222	15	0.199	0.199	NUM
cjfa-56744	222	16	0.200	0.200	NUM
cjfa-56744	222	17	0.1866	0.1866	NUM
cjfa-56744	222	18	f	f	X
cjfa-56744	222	19	-	-	PUNCT
cjfa-56744	222	20	statistic	statistic	NOUN
cjfa-56744	222	21	347.25	347.25	NUM
cjfa-56744	222	22	*	*	SYM
cjfa-56744	222	23	334.44	334.44	NUM
cjfa-56744	222	24	*	*	PUNCT
cjfa-56744	222	25	336.58	336.58	NUM
cjfa-56744	222	26	*	*	PUNCT
cjfa-56744	222	27	308.56	308.56	NUM
cjfa-56744	222	28	*	*	NOUN
cjfa-56744	222	29	observations	observation	NOUN
cjfa-56744	222	30	9388	9388	NUM
cjfa-56744	222	31	9388	9388	NUM
cjfa-56744	222	32	9388	9388	NUM
cjfa-56744	222	33	9388	9388	NUM
cjfa-56744	222	34	companies	company	NOUN
cjfa-56744	222	35	1918	1918	NUM
cjfa-56744	222	36	1918	1918	NUM
cjfa-56744	222	37	1918	1918	NUM
cjfa-56744	222	38	1918	1918	NUM
cjfa-56744	223	1	note	note	VERB
cjfa-56744	223	2	:	:	PUNCT
cjfa-56744	223	3	*	*	PUNCT
cjfa-56744	223	4	indicates	indicate	VERB
cjfa-56744	223	5	that	that	SCONJ
cjfa-56744	223	6	the	the	DET
cjfa-56744	223	7	coefficients	coefficient	NOUN
cjfa-56744	223	8	are	be	AUX
cjfa-56744	223	9	statistically	statistically	ADV
cjfa-56744	223	10	significant	significant	ADJ
cjfa-56744	223	11	at	at	ADP
cjfa-56744	223	12	the	the	DET
cjfa-56744	223	13	5	5	NUM
cjfa-56744	223	14	percent	percent	NOUN
cjfa-56744	223	15	level	level	NOUN
cjfa-56744	223	16	.	.	PUNCT
cjfa-56744	224	1	s	s	PART
cjfa-56744	224	2	o	o	X
cjfa-56744	224	3	u	u	NOUN
cjfa-56744	224	4	r	r	NOUN
cjfa-56744	224	5	c	c	NOUN
cjfa-56744	224	6	e	e	NOUN
cjfa-56744	224	7	:	:	PUNCT
cjfa-56744	224	8	author	author	PROPN
cjfa-56744	224	9	’s	’s	PART
cjfa-56744	224	10	calculations	calculation	NOUN
cjfa-56744	224	11	.	.	PUNCT
cjfa-56744	225	1	srikanth	srikanth	PROPN
cjfa-56744	225	2	potharla104104	potharla104104	PROPN
cjfa-56744	225	3	as	as	SCONJ
cjfa-56744	225	4	shown	show	VERB
cjfa-56744	225	5	in	in	ADP
cjfa-56744	225	6	table	table	NOUN
cjfa-56744	225	7	5	5	NUM
cjfa-56744	225	8	,	,	PUNCT
cjfa-56744	225	9	the	the	DET
cjfa-56744	225	10	findings	finding	NOUN
cjfa-56744	225	11	are	be	AUX
cjfa-56744	225	12	consistent	consistent	ADJ
cjfa-56744	225	13	with	with	ADP
cjfa-56744	225	14	those	those	PRON
cjfa-56744	225	15	obtained	obtain	VERB
cjfa-56744	225	16	from	from	ADP
cjfa-56744	225	17	the	the	DET
cjfa-56744	225	18	baseline	baseline	PROPN
cjfa-56744	225	19	model	model	NOUN
cjfa-56744	225	20	.	.	PUNCT
cjfa-56744	226	1	the	the	DET
cjfa-56744	226	2	impact	impact	NOUN
cjfa-56744	226	3	of	of	ADP
cjfa-56744	226	4	external	external	ADJ
cjfa-56744	226	5	blockholder	blockholder	NOUN
cjfa-56744	226	6	concentration	concentration	NOUN
cjfa-56744	226	7	on	on	ADP
cjfa-56744	226	8	csr	csr	NOUN
cjfa-56744	226	9	spending	spending	NOUN
cjfa-56744	226	10	is	be	AUX
cjfa-56744	226	11	more	more	ADV
cjfa-56744	226	12	pronounced	pronounced	ADJ
cjfa-56744	226	13	than	than	ADP
cjfa-56744	226	14	that	that	PRON
cjfa-56744	226	15	of	of	ADP
cjfa-56744	226	16	the	the	DET
cjfa-56744	226	17	promoters	promoter	NOUN
cjfa-56744	226	18	,	,	PUNCT
cjfa-56744	226	19	as	as	SCONJ
cjfa-56744	226	20	demonstrated	demonstrate	VERB
cjfa-56744	226	21	by	by	ADP
cjfa-56744	226	22	all	all	DET
cjfa-56744	226	23	three	three	NUM
cjfa-56744	226	24	models	model	NOUN
cjfa-56744	226	25	.	.	PUNCT
cjfa-56744	227	1	this	this	DET
cjfa-56744	227	2	finding	finding	NOUN
cjfa-56744	227	3	suggests	suggest	VERB
cjfa-56744	227	4	that	that	SCONJ
cjfa-56744	227	5	external	external	ADJ
cjfa-56744	227	6	blockholders	blockholder	NOUN
cjfa-56744	227	7	are	be	AUX
cjfa-56744	227	8	crucial	crucial	ADJ
cjfa-56744	227	9	in	in	ADP
cjfa-56744	227	10	promoting	promote	VERB
cjfa-56744	227	11	csr	csr	NOUN
cjfa-56744	227	12	initiatives	initiative	NOUN
cjfa-56744	227	13	,	,	PUNCT
cjfa-56744	227	14	especially	especially	ADV
cjfa-56744	227	15	in	in	ADP
cjfa-56744	227	16	group	group	NOUN
cjfa-56744	227	17	-	-	PUNCT
cjfa-56744	227	18	affiliated	affiliate	VERB
cjfa-56744	227	19	firms	firm	NOUN
cjfa-56744	227	20	.	.	PUNCT
cjfa-56744	228	1	the	the	DET
cjfa-56744	228	2	coefficient	coefficient	NOUN
cjfa-56744	228	3	of	of	ADP
cjfa-56744	228	4	topnonpromit-1	topnonpromit-1	PROPN
cjfa-56744	228	5	*	*	PUNCT
cjfa-56744	228	6	gdummyit-1	gdummyit-1	PROPN
cjfa-56744	228	7	is	be	AUX
cjfa-56744	228	8	0.167	0.167	NUM
cjfa-56744	228	9	*	*	NOUN
cjfa-56744	228	10	,	,	PUNCT
cjfa-56744	228	11	indicating	indicate	VERB
cjfa-56744	228	12	a	a	DET
cjfa-56744	228	13	significant	significant	ADJ
cjfa-56744	228	14	positive	positive	ADJ
cjfa-56744	228	15	effect	effect	NOUN
cjfa-56744	228	16	of	of	ADP
cjfa-56744	228	17	external	external	ADJ
cjfa-56744	228	18	blockholder	blockholder	NOUN
cjfa-56744	228	19	concentration	concentration	NOUN
cjfa-56744	228	20	on	on	ADP
cjfa-56744	228	21	csr	csr	NOUN
cjfa-56744	228	22	spending	spending	NOUN
cjfa-56744	228	23	.	.	PUNCT
cjfa-56744	229	1	similarly	similarly	ADV
cjfa-56744	229	2	,	,	PUNCT
cjfa-56744	229	3	toppromit-1	toppromit-1	PROPN
cjfa-56744	229	4	*	*	PUNCT
cjfa-56744	229	5	gdummyit-1	gdummyit-1	PROPN
cjfa-56744	229	6	shows	show	VERB
cjfa-56744	229	7	a	a	DET
cjfa-56744	229	8	coefficient	coefficient	NOUN
cjfa-56744	229	9	of	of	ADP
cjfa-56744	229	10	0.196	0.196	NUM
cjfa-56744	229	11	*	*	NOUN
cjfa-56744	229	12	,	,	PUNCT
cjfa-56744	229	13	supporting	support	VERB
cjfa-56744	229	14	the	the	DET
cjfa-56744	229	15	positive	positive	ADJ
cjfa-56744	229	16	influence	influence	NOUN
cjfa-56744	229	17	of	of	ADP
cjfa-56744	229	18	controlling	control	VERB
cjfa-56744	229	19	blockholders	blockholder	NOUN
cjfa-56744	229	20	on	on	ADP
cjfa-56744	229	21	csr	csr	PROPN
cjfa-56744	229	22	,	,	PUNCT
cjfa-56744	229	23	although	although	SCONJ
cjfa-56744	229	24	to	to	ADP
cjfa-56744	229	25	a	a	DET
cjfa-56744	229	26	lesser	less	ADJ
cjfa-56744	229	27	extent	extent	NOUN
cjfa-56744	229	28	than	than	ADP
cjfa-56744	229	29	that	that	PRON
cjfa-56744	229	30	of	of	ADP
cjfa-56744	229	31	external	external	ADJ
cjfa-56744	229	32	blockholders	blockholder	NOUN
cjfa-56744	229	33	.	.	PUNCT
cjfa-56744	230	1	the	the	DET
cjfa-56744	230	2	impact	impact	NOUN
cjfa-56744	230	3	of	of	ADP
cjfa-56744	230	4	the	the	DET
cjfa-56744	230	5	top	top	ADJ
cjfa-56744	230	6	five	five	NUM
cjfa-56744	230	7	external	external	ADJ
cjfa-56744	230	8	blockholders	blockholder	NOUN
cjfa-56744	230	9	(	(	PUNCT
cjfa-56744	230	10	top5nonpromit-1	top5nonpromit-1	X
cjfa-56744	230	11	*	*	PUNCT
cjfa-56744	230	12	gdummyit-1	gdummyit-1	X
cjfa-56744	230	13	)	)	PUNCT
cjfa-56744	230	14	is	be	AUX
cjfa-56744	230	15	significant	significant	ADJ
cjfa-56744	230	16	at	at	ADP
cjfa-56744	230	17	0.195	0.195	NUM
cjfa-56744	230	18	*	*	NOUN
cjfa-56744	230	19	,	,	PUNCT
cjfa-56744	230	20	while	while	SCONJ
cjfa-56744	230	21	the	the	DET
cjfa-56744	230	22	top	top	ADJ
cjfa-56744	230	23	three	three	NUM
cjfa-56744	230	24	(	(	PUNCT
cjfa-56744	230	25	top3nonpromit-1	top3nonpromit-1	NOUN
cjfa-56744	230	26	*	*	PUNCT
cjfa-56744	230	27	gdummyit-1	gdummyit-1	X
cjfa-56744	230	28	)	)	PUNCT
cjfa-56744	230	29	have	have	VERB
cjfa-56744	230	30	a	a	DET
cjfa-56744	230	31	coefficient	coefficient	NOUN
cjfa-56744	230	32	of	of	ADP
cjfa-56744	230	33	0.184	0.184	NUM
cjfa-56744	230	34	*	*	NOUN
cjfa-56744	230	35	,	,	PUNCT
cjfa-56744	230	36	which	which	PRON
cjfa-56744	230	37	reinforces	reinforce	VERB
cjfa-56744	230	38	the	the	DET
cjfa-56744	230	39	positive	positive	ADJ
cjfa-56744	230	40	impact	impact	NOUN
cjfa-56744	230	41	on	on	ADP
cjfa-56744	230	42	csr	csr	NOUN
cjfa-56744	230	43	spending	spending	NOUN
cjfa-56744	230	44	.	.	PUNCT
cjfa-56744	231	1	these	these	DET
cjfa-56744	231	2	results	result	NOUN
cjfa-56744	231	3	align	align	VERB
cjfa-56744	231	4	with	with	ADP
cjfa-56744	231	5	the	the	DET
cjfa-56744	231	6	findings	finding	NOUN
cjfa-56744	231	7	of	of	ADP
cjfa-56744	231	8	zhou	zhou	PROPN
cjfa-56744	231	9	et	et	PROPN
cjfa-56744	231	10	al	al	PROPN
cjfa-56744	231	11	.	.	PROPN
cjfa-56744	232	1	(	(	PUNCT
cjfa-56744	232	2	2024	2024	NUM
cjfa-56744	232	3	)	)	PUNCT
cjfa-56744	232	4	,	,	PUNCT
cjfa-56744	232	5	who	who	PRON
cjfa-56744	232	6	identified	identify	VERB
cjfa-56744	232	7	the	the	DET
cjfa-56744	232	8	positive	positive	ADJ
cjfa-56744	232	9	influence	influence	NOUN
cjfa-56744	232	10	of	of	ADP
cjfa-56744	232	11	institutions	institution	NOUN
cjfa-56744	232	12	on	on	ADP
cjfa-56744	232	13	csr	csr	X
cjfa-56744	232	14	in	in	ADP
cjfa-56744	232	15	chinese	chinese	ADJ
cjfa-56744	232	16	firms	firm	NOUN
cjfa-56744	232	17	.	.	PUNCT
cjfa-56744	233	1	interestingly	interestingly	ADV
cjfa-56744	233	2	,	,	PUNCT
cjfa-56744	233	3	this	this	DET
cjfa-56744	233	4	study	study	NOUN
cjfa-56744	233	5	finds	find	VERB
cjfa-56744	233	6	that	that	SCONJ
cjfa-56744	233	7	external	external	ADJ
cjfa-56744	233	8	blockholders	blockholder	NOUN
cjfa-56744	233	9	’	’	PART
cjfa-56744	233	10	contestability	contestability	NOUN
cjfa-56744	233	11	(	(	PUNCT
cjfa-56744	233	12	contestnonpromit-1	contestnonpromit-1	PROPN
cjfa-56744	233	13	*	*	PUNCT
cjfa-56744	233	14	gdummyit-1	gdummyit-1	X
cjfa-56744	233	15	)	)	PUNCT
cjfa-56744	233	16	has	have	VERB
cjfa-56744	233	17	a	a	DET
cjfa-56744	233	18	significant	significant	ADJ
cjfa-56744	233	19	positive	positive	ADJ
cjfa-56744	233	20	effect	effect	NOUN
cjfa-56744	233	21	of	of	ADP
cjfa-56744	233	22	0.068	0.068	NUM
cjfa-56744	233	23	*	*	PUNCT
cjfa-56744	233	24	,	,	PUNCT
cjfa-56744	233	25	highlighting	highlight	VERB
cjfa-56744	233	26	the	the	DET
cjfa-56744	233	27	role	role	NOUN
cjfa-56744	233	28	of	of	ADP
cjfa-56744	233	29	potential	potential	ADJ
cjfa-56744	233	30	coalitions	coalition	NOUN
cjfa-56744	233	31	in	in	ADP
cjfa-56744	233	32	enhancing	enhance	VERB
cjfa-56744	233	33	csr	csr	NOUN
cjfa-56744	233	34	spending	spending	NOUN
cjfa-56744	233	35	.	.	PUNCT
cjfa-56744	234	1	this	this	DET
cjfa-56744	234	2	finding	finding	NOUN
cjfa-56744	234	3	supports	support	VERB
cjfa-56744	234	4	the	the	DET
cjfa-56744	234	5	notion	notion	NOUN
cjfa-56744	234	6	presented	present	VERB
cjfa-56744	234	7	by	by	ADP
cjfa-56744	234	8	ozdemir	ozdemir	PROPN
cjfa-56744	234	9	et	et	PROPN
cjfa-56744	234	10	al	al	PROPN
cjfa-56744	234	11	.	.	PROPN
cjfa-56744	235	1	(	(	PUNCT
cjfa-56744	235	2	2023	2023	NUM
cjfa-56744	235	3	)	)	PUNCT
cjfa-56744	235	4	that	that	DET
cjfa-56744	235	5	firm	firm	ADJ
cjfa-56744	235	6	attributes	attribute	VERB
cjfa-56744	235	7	,	,	PUNCT
cjfa-56744	235	8	including	include	VERB
cjfa-56744	235	9	institutional	institutional	ADJ
cjfa-56744	235	10	ownership	ownership	NOUN
cjfa-56744	235	11	,	,	PUNCT
cjfa-56744	235	12	can	can	AUX
cjfa-56744	235	13	mitigate	mitigate	VERB
cjfa-56744	235	14	negative	negative	ADJ
cjfa-56744	235	15	impacts	impact	NOUN
cjfa-56744	235	16	and	and	CCONJ
cjfa-56744	235	17	promote	promote	VERB
cjfa-56744	235	18	positive	positive	ADJ
cjfa-56744	235	19	outcomes	outcome	NOUN
cjfa-56744	235	20	.	.	PUNCT
cjfa-56744	236	1	the	the	DET
cjfa-56744	236	2	dominance	dominance	NOUN
cjfa-56744	236	3	of	of	ADP
cjfa-56744	236	4	promoters	promoter	NOUN
cjfa-56744	236	5	,	,	PUNCT
cjfa-56744	236	6	with	with	ADP
cjfa-56744	236	7	(	(	PUNCT
cjfa-56744	236	8	dompromit-1	dompromit-1	NOUN
cjfa-56744	236	9	*	*	PUNCT
cjfa-56744	236	10	gdummyit-1	gdummyit-1	X
cjfa-56744	236	11	)	)	PUNCT
cjfa-56744	236	12	showing	show	VERB
cjfa-56744	236	13	a	a	DET
cjfa-56744	236	14	coefficient	coefficient	NOUN
cjfa-56744	236	15	of	of	ADP
cjfa-56744	236	16	0.219	0.219	NUM
cjfa-56744	236	17	*	*	NOUN
cjfa-56744	236	18	,	,	PUNCT
cjfa-56744	236	19	suggests	suggest	VERB
cjfa-56744	236	20	that	that	SCONJ
cjfa-56744	236	21	promoters	promoter	NOUN
cjfa-56744	236	22	are	be	AUX
cjfa-56744	236	23	more	more	ADV
cjfa-56744	236	24	inclined	inclined	ADJ
cjfa-56744	236	25	towards	towards	ADP
cjfa-56744	236	26	csr	csr	NOUN
cjfa-56744	236	27	initiatives	initiative	NOUN
cjfa-56744	236	28	when	when	SCONJ
cjfa-56744	236	29	there	there	PRON
cjfa-56744	236	30	is	be	VERB
cjfa-56744	236	31	a	a	DET
cjfa-56744	236	32	significant	significant	ADJ
cjfa-56744	236	33	difference	difference	NOUN
cjfa-56744	236	34	between	between	ADP
cjfa-56744	236	35	the	the	DET
cjfa-56744	236	36	largest	large	ADJ
cjfa-56744	236	37	and	and	CCONJ
cjfa-56744	236	38	second	second	ADV
cjfa-56744	236	39	-	-	PUNCT
cjfa-56744	236	40	largest	large	ADJ
cjfa-56744	236	41	promoter	promoter	NOUN
cjfa-56744	236	42	holdings	holding	NOUN
cjfa-56744	236	43	.	.	PUNCT
cjfa-56744	237	1	this	this	DET
cjfa-56744	237	2	finding	finding	NOUN
cjfa-56744	237	3	is	be	AUX
cjfa-56744	237	4	intriguing	intriguing	ADJ
cjfa-56744	237	5	because	because	SCONJ
cjfa-56744	237	6	it	it	PRON
cjfa-56744	237	7	indicates	indicate	VERB
cjfa-56744	237	8	that	that	SCONJ
cjfa-56744	237	9	promoters	promoter	NOUN
cjfa-56744	237	10	’	’	PART
cjfa-56744	237	11	interest	interest	NOUN
cjfa-56744	237	12	in	in	ADP
cjfa-56744	237	13	csr	csr	NOUN
cjfa-56744	237	14	diminishes	diminish	VERB
cjfa-56744	237	15	when	when	SCONJ
cjfa-56744	237	16	the	the	DET
cjfa-56744	237	17	gap	gap	NOUN
cjfa-56744	237	18	between	between	ADP
cjfa-56744	237	19	the	the	DET
cjfa-56744	237	20	largest	large	ADJ
cjfa-56744	237	21	and	and	CCONJ
cjfa-56744	237	22	second	second	ADV
cjfa-56744	237	23	-	-	PUNCT
cjfa-56744	237	24	largest	large	ADJ
cjfa-56744	237	25	holdings	holding	NOUN
cjfa-56744	237	26	is	be	AUX
cjfa-56744	237	27	smaller	small	ADJ
cjfa-56744	237	28	,	,	PUNCT
cjfa-56744	237	29	likely	likely	ADJ
cjfa-56744	237	30	because	because	SCONJ
cjfa-56744	237	31	of	of	ADP
cjfa-56744	237	32	reduced	reduce	VERB
cjfa-56744	237	33	coalition	coalition	NOUN
cjfa-56744	237	34	possibilities	possibility	NOUN
cjfa-56744	237	35	.	.	PUNCT
cjfa-56744	238	1	this	this	PRON
cjfa-56744	238	2	aligns	align	VERB
cjfa-56744	238	3	with	with	ADP
cjfa-56744	238	4	panicker	panicker	NOUN
cjfa-56744	238	5	(	(	PUNCT
cjfa-56744	238	6	2017	2017	NUM
cjfa-56744	238	7	)	)	PUNCT
cjfa-56744	238	8	and	and	CCONJ
cjfa-56744	238	9	manogna	manogna	PROPN
cjfa-56744	238	10	and	and	CCONJ
cjfa-56744	238	11	mishra	mishra	PROPN
cjfa-56744	238	12	(	(	PUNCT
cjfa-56744	238	13	2021	2021	NUM
cjfa-56744	238	14	)	)	PUNCT
cjfa-56744	238	15	,	,	PUNCT
cjfa-56744	238	16	who	who	PRON
cjfa-56744	238	17	find	find	VERB
cjfa-56744	238	18	that	that	SCONJ
cjfa-56744	238	19	institutional	institutional	ADJ
cjfa-56744	238	20	investors	investor	NOUN
cjfa-56744	238	21	have	have	VERB
cjfa-56744	238	22	a	a	DET
cjfa-56744	238	23	more	more	ADV
cjfa-56744	238	24	significant	significant	ADJ
cjfa-56744	238	25	impact	impact	NOUN
cjfa-56744	238	26	on	on	ADP
cjfa-56744	238	27	group	group	NOUN
cjfa-56744	238	28	-	-	PUNCT
cjfa-56744	238	29	affiliated	affiliate	VERB
cjfa-56744	238	30	firms	firm	NOUN
cjfa-56744	238	31	than	than	ADP
cjfa-56744	238	32	on	on	ADP
cjfa-56744	238	33	standalone	standalone	ADJ
cjfa-56744	238	34	firms	firm	NOUN
cjfa-56744	238	35	.	.	PUNCT
cjfa-56744	239	1	furthermore	furthermore	ADV
cjfa-56744	239	2	,	,	PUNCT
cjfa-56744	239	3	the	the	DET
cjfa-56744	239	4	positive	positive	ADJ
cjfa-56744	239	5	effects	effect	NOUN
cjfa-56744	239	6	of	of	ADP
cjfa-56744	239	7	roait-1	roait-1	PROPN
cjfa-56744	239	8	(	(	PUNCT
cjfa-56744	239	9	0.153	0.153	NUM
cjfa-56744	239	10	*	*	NUM
cjfa-56744	239	11	)	)	PUNCT
cjfa-56744	239	12	and	and	CCONJ
cjfa-56744	239	13	ageit-1	ageit-1	NUM
cjfa-56744	239	14	(	(	PUNCT
cjfa-56744	239	15	0.139	0.139	NUM
cjfa-56744	239	16	*	*	NOUN
cjfa-56744	239	17	)	)	PUNCT
cjfa-56744	239	18	on	on	ADP
cjfa-56744	239	19	csr	csr	NOUN
cjfa-56744	239	20	spending	spending	NOUN
cjfa-56744	239	21	are	be	AUX
cjfa-56744	239	22	in	in	ADP
cjfa-56744	239	23	line	line	NOUN
cjfa-56744	239	24	with	with	ADP
cjfa-56744	239	25	the	the	DET
cjfa-56744	239	26	findings	finding	NOUN
cjfa-56744	239	27	of	of	ADP
cjfa-56744	239	28	desai	desai	PROPN
cjfa-56744	239	29	and	and	CCONJ
cjfa-56744	239	30	raval	raval	NOUN
cjfa-56744	239	31	(	(	PUNCT
cjfa-56744	239	32	2022	2022	NUM
cjfa-56744	239	33	)	)	PUNCT
cjfa-56744	239	34	,	,	PUNCT
cjfa-56744	239	35	who	who	PRON
cjfa-56744	239	36	emphasize	emphasize	VERB
cjfa-56744	239	37	the	the	DET
cjfa-56744	239	38	importance	importance	NOUN
cjfa-56744	239	39	of	of	ADP
cjfa-56744	239	40	environmental	environmental	ADJ
cjfa-56744	239	41	performance	performance	NOUN
cjfa-56744	239	42	on	on	ADP
cjfa-56744	239	43	firm	firm	ADJ
cjfa-56744	239	44	valuation	valuation	NOUN
cjfa-56744	239	45	.	.	PUNCT
cjfa-56744	240	1	the	the	DET
cjfa-56744	240	2	significant	significant	ADJ
cjfa-56744	240	3	coefficients	coefficient	NOUN
cjfa-56744	240	4	for	for	ADP
cjfa-56744	240	5	indcsrit-1	indcsrit-1	NUM
cjfa-56744	240	6	(	(	PUNCT
cjfa-56744	240	7	0.240	0.240	NUM
cjfa-56744	240	8	*	*	PRON
cjfa-56744	240	9	)	)	PUNCT
cjfa-56744	240	10	underscore	underscore	VERB
cjfa-56744	240	11	the	the	DET
cjfa-56744	240	12	role	role	NOUN
cjfa-56744	240	13	of	of	ADP
cjfa-56744	240	14	industry	industry	NOUN
cjfa-56744	240	15	standards	standard	NOUN
cjfa-56744	240	16	in	in	ADP
cjfa-56744	240	17	promoting	promote	VERB
cjfa-56744	240	18	csr	csr	NOUN
cjfa-56744	240	19	activities	activity	NOUN
cjfa-56744	240	20	.	.	PUNCT
cjfa-56744	241	1	does	do	AUX
cjfa-56744	241	2	blockholders	blockholder	NOUN
cjfa-56744	241	3	’	’	PART
cjfa-56744	241	4	concentration	concentration	NOUN
cjfa-56744	241	5	influence	influence	NOUN
cjfa-56744	241	6	spending	spending	NOUN
cjfa-56744	241	7	…	…	SYM
cjfa-56744	241	8	105105	105105	NUM
cjfa-56744	241	9	 	 	SPACE
cjfa-56744	241	10	conclusion	conclusion	NOUN
cjfa-56744	241	11	 	 	SPACE
cjfa-56744	241	12	conclusion	conclusion	NOUN
cjfa-56744	241	13	this	this	DET
cjfa-56744	241	14	study	study	NOUN
cjfa-56744	241	15	investigates	investigate	VERB
cjfa-56744	241	16	the	the	DET
cjfa-56744	241	17	impact	impact	NOUN
cjfa-56744	241	18	of	of	ADP
cjfa-56744	241	19	blockholder	blockholder	NOUN
cjfa-56744	241	20	concentration	concentration	NOUN
cjfa-56744	241	21	on	on	ADP
cjfa-56744	241	22	csr	csr	NOUN
cjfa-56744	241	23	spending	spending	NOUN
cjfa-56744	241	24	by	by	ADP
cjfa-56744	241	25	analyzing	analyze	VERB
cjfa-56744	241	26	1,918	1,918	NUM
cjfa-56744	241	27	companies	company	NOUN
cjfa-56744	241	28	over	over	ADP
cjfa-56744	241	29	9,388	9,388	NUM
cjfa-56744	241	30	firm	firm	ADJ
cjfa-56744	241	31	-	-	PUNCT
cjfa-56744	241	32	years	year	NOUN
cjfa-56744	241	33	.	.	PUNCT
cjfa-56744	242	1	the	the	DET
cjfa-56744	242	2	findings	finding	NOUN
cjfa-56744	242	3	confirm	confirm	VERB
cjfa-56744	242	4	that	that	SCONJ
cjfa-56744	242	5	controlling	control	VERB
cjfa-56744	242	6	and	and	CCONJ
cjfa-56744	242	7	external	external	ADJ
cjfa-56744	242	8	blockholders	blockholder	NOUN
cjfa-56744	242	9	positively	positively	ADV
cjfa-56744	242	10	influence	influence	VERB
cjfa-56744	242	11	csr	csr	NOUN
cjfa-56744	242	12	spending	spending	NOUN
cjfa-56744	242	13	,	,	PUNCT
cjfa-56744	242	14	with	with	ADP
cjfa-56744	242	15	the	the	DET
cjfa-56744	242	16	largest	large	ADJ
cjfa-56744	242	17	external	external	ADJ
cjfa-56744	242	18	blockholder	blockholder	NOUN
cjfa-56744	242	19	having	have	VERB
cjfa-56744	242	20	the	the	DET
cjfa-56744	242	21	most	most	ADV
cjfa-56744	242	22	pronounced	pronounce	VERB
cjfa-56744	242	23	effect	effect	NOUN
cjfa-56744	242	24	.	.	PUNCT
cjfa-56744	243	1	this	this	PRON
cjfa-56744	243	2	supports	support	VERB
cjfa-56744	243	3	stakeholder	stakeholder	NOUN
cjfa-56744	243	4	identification	identification	NOUN
cjfa-56744	243	5	and	and	CCONJ
cjfa-56744	243	6	salience	salience	NOUN
cjfa-56744	243	7	theory	theory	NOUN
cjfa-56744	243	8	(	(	PUNCT
cjfa-56744	243	9	savage	savage	NOUN
cjfa-56744	243	10	et	et	PROPN
cjfa-56744	243	11	al	al	PROPN
cjfa-56744	243	12	.	.	PROPN
cjfa-56744	243	13	,	,	PUNCT
cjfa-56744	243	14	1991	1991	NUM
cjfa-56744	243	15	)	)	PUNCT
cjfa-56744	243	16	and	and	CCONJ
cjfa-56744	243	17	resource	resource	NOUN
cjfa-56744	243	18	dependency	dependency	NOUN
cjfa-56744	243	19	theory	theory	NOUN
cjfa-56744	243	20	(	(	PUNCT
cjfa-56744	243	21	salancik	salancik	VERB
cjfa-56744	243	22	et	et	PROPN
cjfa-56744	243	23	al	al	PROPN
cjfa-56744	243	24	.	.	PROPN
cjfa-56744	243	25	,	,	PUNCT
cjfa-56744	243	26	1978	1978	NUM
cjfa-56744	243	27	)	)	PUNCT
cjfa-56744	243	28	,	,	PUNCT
cjfa-56744	243	29	highlighting	highlight	VERB
cjfa-56744	243	30	blockholders	blockholder	NOUN
cjfa-56744	243	31	’	’	PART
cjfa-56744	243	32	influence	influence	NOUN
cjfa-56744	243	33	due	due	ADP
cjfa-56744	243	34	to	to	ADP
cjfa-56744	243	35	their	their	PRON
cjfa-56744	243	36	power	power	NOUN
cjfa-56744	243	37	,	,	PUNCT
cjfa-56744	243	38	legitimacy	legitimacy	NOUN
cjfa-56744	243	39	,	,	PUNCT
cjfa-56744	243	40	and	and	CCONJ
cjfa-56744	243	41	urgency	urgency	NOUN
cjfa-56744	243	42	.	.	PUNCT
cjfa-56744	244	1	this	this	DET
cjfa-56744	244	2	study	study	NOUN
cjfa-56744	244	3	reveals	reveal	VERB
cjfa-56744	244	4	that	that	SCONJ
cjfa-56744	244	5	substantial	substantial	ADJ
cjfa-56744	244	6	individual	individual	ADJ
cjfa-56744	244	7	shareholdings	shareholding	NOUN
cjfa-56744	244	8	by	by	ADP
cjfa-56744	244	9	external	external	ADJ
cjfa-56744	244	10	blockholders	blockholder	NOUN
cjfa-56744	244	11	have	have	VERB
cjfa-56744	244	12	a	a	DET
cjfa-56744	244	13	more	more	ADV
cjfa-56744	244	14	significant	significant	ADJ
cjfa-56744	244	15	influence	influence	NOUN
cjfa-56744	244	16	on	on	ADP
cjfa-56744	244	17	csr	csr	NOUN
cjfa-56744	244	18	activities	activity	NOUN
cjfa-56744	244	19	than	than	ADP
cjfa-56744	244	20	collective	collective	ADJ
cjfa-56744	244	21	investments	investment	NOUN
cjfa-56744	244	22	by	by	ADP
cjfa-56744	244	23	the	the	DET
cjfa-56744	244	24	top	top	ADJ
cjfa-56744	244	25	five	five	NUM
cjfa-56744	244	26	or	or	CCONJ
cjfa-56744	244	27	top	top	ADJ
cjfa-56744	244	28	three	three	NUM
cjfa-56744	244	29	external	external	ADJ
cjfa-56744	244	30	blockholders	blockholder	NOUN
cjfa-56744	244	31	.	.	PUNCT
cjfa-56744	245	1	this	this	PRON
cjfa-56744	245	2	suggests	suggest	VERB
cjfa-56744	245	3	that	that	SCONJ
cjfa-56744	245	4	while	while	SCONJ
cjfa-56744	245	5	alliances	alliance	NOUN
cjfa-56744	245	6	among	among	ADP
cjfa-56744	245	7	the	the	DET
cjfa-56744	245	8	top	top	ADJ
cjfa-56744	245	9	external	external	ADJ
cjfa-56744	245	10	blockholders	blockholder	NOUN
cjfa-56744	245	11	exist	exist	VERB
cjfa-56744	245	12	,	,	PUNCT
cjfa-56744	245	13	their	their	PRON
cjfa-56744	245	14	impact	impact	NOUN
cjfa-56744	245	15	is	be	AUX
cjfa-56744	245	16	not	not	PART
cjfa-56744	245	17	as	as	ADV
cjfa-56744	245	18	strong	strong	ADJ
cjfa-56744	245	19	as	as	ADP
cjfa-56744	245	20	that	that	PRON
cjfa-56744	245	21	of	of	ADP
cjfa-56744	245	22	the	the	DET
cjfa-56744	245	23	largest	large	ADJ
cjfa-56744	245	24	individual	individual	ADJ
cjfa-56744	245	25	blockholder	blockholder	NOUN
cjfa-56744	245	26	.	.	PUNCT
cjfa-56744	246	1	firms	firm	NOUN
cjfa-56744	246	2	with	with	ADP
cjfa-56744	246	3	a	a	DET
cjfa-56744	246	4	single	single	ADJ
cjfa-56744	246	5	promoter	promoter	NOUN
cjfa-56744	246	6	show	show	VERB
cjfa-56744	246	7	a	a	DET
cjfa-56744	246	8	stronger	strong	ADJ
cjfa-56744	246	9	inclination	inclination	NOUN
cjfa-56744	246	10	towards	towards	ADP
cjfa-56744	246	11	csr	csr	NOUN
cjfa-56744	246	12	spending	spending	NOUN
cjfa-56744	246	13	by	by	ADP
cjfa-56744	246	14	controlling	control	VERB
cjfa-56744	246	15	for	for	ADP
cjfa-56744	246	16	blockholders	blockholder	NOUN
cjfa-56744	246	17	,	,	PUNCT
cjfa-56744	246	18	especially	especially	ADV
cjfa-56744	246	19	when	when	SCONJ
cjfa-56744	246	20	co	co	NOUN
cjfa-56744	246	21	-	-	NOUN
cjfa-56744	246	22	blockholders	blockholder	NOUN
cjfa-56744	246	23	have	have	VERB
cjfa-56744	246	24	minimal	minimal	ADJ
cjfa-56744	246	25	holdings	holding	NOUN
cjfa-56744	246	26	.	.	PUNCT
cjfa-56744	247	1	however	however	ADV
cjfa-56744	247	2	,	,	PUNCT
cjfa-56744	247	3	the	the	DET
cjfa-56744	247	4	ability	ability	NOUN
cjfa-56744	247	5	of	of	ADP
cjfa-56744	247	6	external	external	ADJ
cjfa-56744	247	7	blockholders	blockholder	NOUN
cjfa-56744	247	8	to	to	PART
cjfa-56744	247	9	compete	compete	VERB
cjfa-56744	247	10	with	with	ADP
cjfa-56744	247	11	one	one	NOUN
cjfa-56744	247	12	another	another	PRON
cjfa-56744	247	13	is	be	AUX
cjfa-56744	247	14	limited	limit	VERB
cjfa-56744	247	15	,	,	PUNCT
cjfa-56744	247	16	emphasizing	emphasize	VERB
cjfa-56744	247	17	the	the	DET
cjfa-56744	247	18	need	need	NOUN
cjfa-56744	247	19	for	for	ADP
cjfa-56744	247	20	increased	increase	VERB
cjfa-56744	247	21	cooperation	cooperation	NOUN
cjfa-56744	247	22	and	and	CCONJ
cjfa-56744	247	23	coordination	coordination	NOUN
cjfa-56744	247	24	.	.	PUNCT
cjfa-56744	248	1	furthermore	furthermore	ADV
cjfa-56744	248	2	,	,	PUNCT
cjfa-56744	248	3	the	the	DET
cjfa-56744	248	4	study	study	NOUN
cjfa-56744	248	5	examines	examine	VERB
cjfa-56744	248	6	firms	firm	NOUN
cjfa-56744	248	7	with	with	ADP
cjfa-56744	248	8	group	group	NOUN
cjfa-56744	248	9	affiliations	affiliation	NOUN
cjfa-56744	248	10	,	,	PUNCT
cjfa-56744	248	11	demonstrating	demonstrate	VERB
cjfa-56744	248	12	that	that	SCONJ
cjfa-56744	248	13	external	external	ADJ
cjfa-56744	248	14	blockholder	blockholder	NOUN
cjfa-56744	248	15	concentration	concentration	NOUN
cjfa-56744	248	16	substantially	substantially	ADV
cjfa-56744	248	17	impacts	impact	VERB
cjfa-56744	248	18	csr	csr	NOUN
cjfa-56744	248	19	spending	spending	NOUN
cjfa-56744	248	20	.	.	PUNCT
cjfa-56744	249	1	however	however	ADV
cjfa-56744	249	2	,	,	PUNCT
cjfa-56744	249	3	the	the	DET
cjfa-56744	249	4	coalition	coalition	NOUN
cjfa-56744	249	5	effect	effect	NOUN
cjfa-56744	249	6	among	among	ADP
cjfa-56744	249	7	external	external	ADJ
cjfa-56744	249	8	blockholders	blockholder	NOUN
cjfa-56744	249	9	is	be	AUX
cjfa-56744	249	10	less	less	ADV
cjfa-56744	249	11	significant	significant	ADJ
cjfa-56744	249	12	than	than	ADP
cjfa-56744	249	13	among	among	ADP
cjfa-56744	249	14	promoters	promoter	NOUN
cjfa-56744	249	15	.	.	PUNCT
cjfa-56744	250	1	implicationsimplications	implicationsimplication	NOUN
cjfa-56744	250	2	the	the	DET
cjfa-56744	250	3	findings	finding	NOUN
cjfa-56744	250	4	of	of	ADP
cjfa-56744	250	5	this	this	DET
cjfa-56744	250	6	study	study	NOUN
cjfa-56744	250	7	have	have	VERB
cjfa-56744	250	8	several	several	ADJ
cjfa-56744	250	9	significant	significant	ADJ
cjfa-56744	250	10	implications	implication	NOUN
cjfa-56744	250	11	,	,	PUNCT
cjfa-56744	250	12	particularly	particularly	ADV
cjfa-56744	250	13	for	for	ADP
cjfa-56744	250	14	emerging	emerge	VERB
cjfa-56744	250	15	economies	economy	NOUN
cjfa-56744	250	16	such	such	ADJ
cjfa-56744	250	17	as	as	ADP
cjfa-56744	250	18	india	india	PROPN
cjfa-56744	250	19	.	.	PUNCT
cjfa-56744	251	1	the	the	DET
cjfa-56744	251	2	significant	significant	ADJ
cjfa-56744	251	3	impact	impact	NOUN
cjfa-56744	251	4	of	of	ADP
cjfa-56744	251	5	external	external	ADJ
cjfa-56744	251	6	blockholders	blockholder	NOUN
cjfa-56744	251	7	on	on	ADP
cjfa-56744	251	8	csr	csr	NOUN
cjfa-56744	251	9	spending	spending	NOUN
cjfa-56744	251	10	indicates	indicate	VERB
cjfa-56744	251	11	that	that	SCONJ
cjfa-56744	251	12	sustainability	sustainability	NOUN
cjfa-56744	251	13	considerations	consideration	NOUN
cjfa-56744	251	14	are	be	AUX
cjfa-56744	251	15	becoming	become	VERB
cjfa-56744	251	16	increasingly	increasingly	ADV
cjfa-56744	251	17	important	important	ADJ
cjfa-56744	251	18	to	to	PART
cjfa-56744	251	19	fund	fund	NOUN
cjfa-56744	251	20	managers	manager	NOUN
cjfa-56744	251	21	’	’	PART
cjfa-56744	251	22	investment	investment	NOUN
cjfa-56744	251	23	decisions	decision	NOUN
cjfa-56744	251	24	.	.	PUNCT
cjfa-56744	252	1	companies	company	NOUN
cjfa-56744	252	2	that	that	PRON
cjfa-56744	252	3	fail	fail	VERB
cjfa-56744	252	4	to	to	PART
cjfa-56744	252	5	meet	meet	VERB
cjfa-56744	252	6	sustainability	sustainability	NOUN
cjfa-56744	252	7	objectives	objective	NOUN
cjfa-56744	252	8	risk	risk	NOUN
cjfa-56744	252	9	losing	lose	VERB
cjfa-56744	252	10	the	the	DET
cjfa-56744	252	11	interests	interest	NOUN
cjfa-56744	252	12	of	of	ADP
cjfa-56744	252	13	these	these	DET
cjfa-56744	252	14	investors	investor	NOUN
cjfa-56744	252	15	.	.	PUNCT
cjfa-56744	253	1	the	the	DET
cjfa-56744	253	2	growing	grow	VERB
cjfa-56744	253	3	emphasis	emphasis	NOUN
cjfa-56744	253	4	on	on	ADP
cjfa-56744	253	5	csr	csr	X
cjfa-56744	253	6	in	in	ADP
cjfa-56744	253	7	emerging	emerge	VERB
cjfa-56744	253	8	markets	market	NOUN
cjfa-56744	253	9	supports	support	VERB
cjfa-56744	253	10	government	government	NOUN
cjfa-56744	253	11	social	social	ADJ
cjfa-56744	253	12	welfare	welfare	NOUN
cjfa-56744	253	13	measures	measure	NOUN
cjfa-56744	253	14	and	and	CCONJ
cjfa-56744	253	15	meets	meet	VERB
cjfa-56744	253	16	increasing	increase	VERB
cjfa-56744	253	17	expectations	expectation	NOUN
cjfa-56744	253	18	for	for	ADP
cjfa-56744	253	19	transparency	transparency	NOUN
cjfa-56744	253	20	in	in	ADP
cjfa-56744	253	21	csr	csr	NOUN
cjfa-56744	253	22	initiatives	initiative	NOUN
cjfa-56744	253	23	and	and	CCONJ
cjfa-56744	253	24	fund	fund	NOUN
cjfa-56744	253	25	disbursements	disbursement	NOUN
cjfa-56744	253	26	from	from	ADP
cjfa-56744	253	27	regulatory	regulatory	ADJ
cjfa-56744	253	28	authorities	authority	NOUN
cjfa-56744	253	29	.	.	PUNCT
cjfa-56744	254	1	despite	despite	SCONJ
cjfa-56744	254	2	the	the	DET
cjfa-56744	254	3	existence	existence	NOUN
cjfa-56744	254	4	of	of	ADP
cjfa-56744	254	5	numerous	numerous	ADJ
cjfa-56744	254	6	stockholders	stockholder	NOUN
cjfa-56744	254	7	,	,	PUNCT
cjfa-56744	254	8	forming	form	VERB
cjfa-56744	254	9	coalitions	coalition	NOUN
cjfa-56744	254	10	,	,	PUNCT
cjfa-56744	254	11	particularly	particularly	ADV
cjfa-56744	254	12	among	among	ADP
cjfa-56744	254	13	top	top	ADJ
cjfa-56744	254	14	holders	holder	NOUN
cjfa-56744	254	15	,	,	PUNCT
cjfa-56744	254	16	is	be	AUX
cjfa-56744	254	17	essential	essential	ADJ
cjfa-56744	254	18	for	for	ADP
cjfa-56744	254	19	actively	actively	ADV
cjfa-56744	254	20	monitoring	monitor	VERB
cjfa-56744	254	21	investee	investee	NOUN
cjfa-56744	254	22	firms	firm	NOUN
cjfa-56744	254	23	and	and	CCONJ
cjfa-56744	254	24	ensuring	ensure	VERB
cjfa-56744	254	25	that	that	SCONJ
cjfa-56744	254	26	csr	csr	NOUN
cjfa-56744	254	27	remains	remain	VERB
cjfa-56744	254	28	a	a	DET
cjfa-56744	254	29	priority	priority	NOUN
cjfa-56744	254	30	.	.	PUNCT
cjfa-56744	255	1	increased	increase	VERB
cjfa-56744	255	2	cooperation	cooperation	NOUN
cjfa-56744	255	3	and	and	CCONJ
cjfa-56744	255	4	coordi	coordi	PROPN
cjfa-56744	255	5	srikanth	srikanth	PROPN
cjfa-56744	255	6	potharla106106	potharla106106	PROPN
cjfa-56744	255	7	nation	nation	NOUN
cjfa-56744	255	8	among	among	ADP
cjfa-56744	255	9	external	external	ADJ
cjfa-56744	255	10	blockholders	blockholder	NOUN
cjfa-56744	255	11	are	be	AUX
cjfa-56744	255	12	crucial	crucial	ADJ
cjfa-56744	255	13	for	for	ADP
cjfa-56744	255	14	enhancing	enhance	VERB
cjfa-56744	255	15	their	their	PRON
cjfa-56744	255	16	collective	collective	ADJ
cjfa-56744	255	17	impact	impact	NOUN
cjfa-56744	255	18	on	on	ADP
cjfa-56744	255	19	csr	csr	PROPN
cjfa-56744	255	20	.	.	PROPN
cjfa-56744	255	21	external	external	ADJ
cjfa-56744	255	22	blockholders	blockholder	NOUN
cjfa-56744	255	23	are	be	AUX
cjfa-56744	255	24	more	more	ADV
cjfa-56744	255	25	noticeable	noticeable	ADJ
cjfa-56744	255	26	in	in	ADP
cjfa-56744	255	27	group	group	NOUN
cjfa-56744	255	28	-	-	PUNCT
cjfa-56744	255	29	affiliated	affiliate	VERB
cjfa-56744	255	30	firms	firm	NOUN
cjfa-56744	255	31	,	,	PUNCT
cjfa-56744	255	32	suggesting	suggest	VERB
cjfa-56744	255	33	that	that	SCONJ
cjfa-56744	255	34	companies	company	NOUN
cjfa-56744	255	35	with	with	ADP
cjfa-56744	255	36	higher	high	ADJ
cjfa-56744	255	37	external	external	ADJ
cjfa-56744	255	38	blockholder	blockholder	NOUN
cjfa-56744	255	39	investments	investment	NOUN
cjfa-56744	255	40	tend	tend	VERB
cjfa-56744	255	41	to	to	PART
cjfa-56744	255	42	allocate	allocate	VERB
cjfa-56744	255	43	more	more	ADJ
cjfa-56744	255	44	resources	resource	NOUN
cjfa-56744	255	45	to	to	ADP
cjfa-56744	255	46	csr	csr	NOUN
cjfa-56744	255	47	activities	activity	NOUN
cjfa-56744	255	48	.	.	PUNCT
cjfa-56744	256	1	this	this	DET
cjfa-56744	256	2	finding	finding	NOUN
cjfa-56744	256	3	highlights	highlight	VERB
cjfa-56744	256	4	the	the	DET
cjfa-56744	256	5	importance	importance	NOUN
cjfa-56744	256	6	of	of	ADP
cjfa-56744	256	7	external	external	ADJ
cjfa-56744	256	8	blockholders	blockholder	NOUN
cjfa-56744	256	9	in	in	ADP
cjfa-56744	256	10	directing	direct	VERB
cjfa-56744	256	11	csr	csr	NOUN
cjfa-56744	256	12	endeavors	endeavor	NOUN
cjfa-56744	256	13	in	in	ADP
cjfa-56744	256	14	groupaffiliated	groupaffiliate	VERB
cjfa-56744	256	15	firms	firm	NOUN
cjfa-56744	256	16	.	.	PUNCT
cjfa-56744	257	1	emphasizing	emphasize	VERB
cjfa-56744	257	2	csr	csr	NOUN
cjfa-56744	257	3	initiatives	initiative	NOUN
cjfa-56744	257	4	can	can	AUX
cjfa-56744	257	5	attract	attract	VERB
cjfa-56744	257	6	institutional	institutional	ADJ
cjfa-56744	257	7	investments	investment	NOUN
cjfa-56744	257	8	,	,	PUNCT
cjfa-56744	257	9	improve	improve	VERB
cjfa-56744	257	10	price	price	NOUN
cjfa-56744	257	11	discovery	discovery	NOUN
cjfa-56744	257	12	in	in	ADP
cjfa-56744	257	13	capital	capital	NOUN
cjfa-56744	257	14	markets	market	NOUN
cjfa-56744	257	15	,	,	PUNCT
cjfa-56744	257	16	and	and	CCONJ
cjfa-56744	257	17	promote	promote	VERB
cjfa-56744	257	18	corporate	corporate	ADJ
cjfa-56744	257	19	expansion	expansion	NOUN
cjfa-56744	257	20	.	.	PUNCT
cjfa-56744	258	1	reinforcing	reinforce	VERB
cjfa-56744	258	2	cooperative	cooperative	ADJ
cjfa-56744	258	3	measures	measure	NOUN
cjfa-56744	258	4	and	and	CCONJ
cjfa-56744	258	5	supervisory	supervisory	ADJ
cjfa-56744	258	6	frameworks	framework	NOUN
cjfa-56744	258	7	among	among	ADP
cjfa-56744	258	8	external	external	ADJ
cjfa-56744	258	9	blockholders	blockholder	NOUN
cjfa-56744	258	10	is	be	AUX
cjfa-56744	258	11	recommended	recommend	VERB
cjfa-56744	258	12	to	to	PART
cjfa-56744	258	13	ensure	ensure	VERB
cjfa-56744	258	14	that	that	SCONJ
cjfa-56744	258	15	csr	csr	NOUN
cjfa-56744	258	16	remains	remain	VERB
cjfa-56744	258	17	prominent	prominent	ADJ
cjfa-56744	258	18	in	in	ADP
cjfa-56744	258	19	corporate	corporate	ADJ
cjfa-56744	258	20	governance	governance	NOUN
cjfa-56744	258	21	,	,	PUNCT
cjfa-56744	258	22	particularly	particularly	ADV
cjfa-56744	258	23	in	in	ADP
cjfa-56744	258	24	emerging	emerge	VERB
cjfa-56744	258	25	market	market	NOUN
cjfa-56744	258	26	environments	environment	NOUN
cjfa-56744	258	27	.	.	PUNCT
cjfa-56744	259	1	firms	firm	NOUN
cjfa-56744	259	2	should	should	AUX
cjfa-56744	259	3	actively	actively	ADV
cjfa-56744	259	4	engage	engage	VERB
cjfa-56744	259	5	with	with	ADP
cjfa-56744	259	6	external	external	ADJ
cjfa-56744	259	7	blockholders	blockholder	NOUN
cjfa-56744	259	8	to	to	PART
cjfa-56744	259	9	understand	understand	VERB
cjfa-56744	259	10	their	their	PRON
cjfa-56744	259	11	sustainability	sustainability	NOUN
cjfa-56744	259	12	expectations	expectation	NOUN
cjfa-56744	259	13	and	and	CCONJ
cjfa-56744	259	14	align	align	VERB
cjfa-56744	259	15	their	their	PRON
cjfa-56744	259	16	csr	csr	NOUN
cjfa-56744	259	17	initiatives	initiative	NOUN
cjfa-56744	259	18	accordingly	accordingly	ADV
cjfa-56744	259	19	.	.	PUNCT
cjfa-56744	260	1	policymakers	policymaker	NOUN
cjfa-56744	260	2	should	should	AUX
cjfa-56744	260	3	encourage	encourage	VERB
cjfa-56744	260	4	the	the	DET
cjfa-56744	260	5	transparent	transparent	ADJ
cjfa-56744	260	6	reporting	reporting	NOUN
cjfa-56744	260	7	of	of	ADP
cjfa-56744	260	8	csr	csr	NOUN
cjfa-56744	260	9	activities	activity	NOUN
cjfa-56744	260	10	and	and	CCONJ
cjfa-56744	260	11	foster	foster	VERB
cjfa-56744	260	12	an	an	DET
cjfa-56744	260	13	environment	environment	NOUN
cjfa-56744	260	14	that	that	PRON
cjfa-56744	260	15	promotes	promote	VERB
cjfa-56744	260	16	collaboration	collaboration	NOUN
cjfa-56744	260	17	among	among	ADP
cjfa-56744	260	18	blockholders	blockholder	NOUN
cjfa-56744	260	19	.	.	PUNCT
cjfa-56744	261	1	firms	firm	NOUN
cjfa-56744	261	2	should	should	AUX
cjfa-56744	261	3	facilitate	facilitate	VERB
cjfa-56744	261	4	coalition	coalition	NOUN
cjfa-56744	261	5	formation	formation	NOUN
cjfa-56744	261	6	among	among	ADP
cjfa-56744	261	7	the	the	DET
cjfa-56744	261	8	top	top	ADJ
cjfa-56744	261	9	external	external	ADJ
cjfa-56744	261	10	blockholders	blockholder	NOUN
cjfa-56744	261	11	to	to	PART
cjfa-56744	261	12	leverage	leverage	VERB
cjfa-56744	261	13	their	their	PRON
cjfa-56744	261	14	collective	collective	ADJ
cjfa-56744	261	15	influence	influence	NOUN
cjfa-56744	261	16	on	on	ADP
cjfa-56744	261	17	csr	csr	PROPN
cjfa-56744	261	18	.	.	PROPN
cjfa-56744	261	19	regulatory	regulatory	ADJ
cjfa-56744	261	20	bodies	body	NOUN
cjfa-56744	261	21	should	should	AUX
cjfa-56744	261	22	incentivize	incentivize	VERB
cjfa-56744	261	23	long	long	ADJ
cjfa-56744	261	24	-	-	PUNCT
cjfa-56744	261	25	term	term	NOUN
cjfa-56744	261	26	csr	csr	NOUN
cjfa-56744	261	27	investments	investment	NOUN
cjfa-56744	261	28	by	by	ADP
cjfa-56744	261	29	offering	offer	VERB
cjfa-56744	261	30	tax	tax	NOUN
cjfa-56744	261	31	benefits	benefit	NOUN
cjfa-56744	261	32	or	or	CCONJ
cjfa-56744	261	33	recognition	recognition	NOUN
cjfa-56744	261	34	to	to	ADP
cjfa-56744	261	35	firms	firm	NOUN
cjfa-56744	261	36	that	that	PRON
cjfa-56744	261	37	consistently	consistently	ADV
cjfa-56744	261	38	meet	meet	VERB
cjfa-56744	261	39	their	their	PRON
cjfa-56744	261	40	csr	csr	NOUN
cjfa-56744	261	41	targets	target	NOUN
cjfa-56744	261	42	.	.	PUNCT
cjfa-56744	262	1	this	this	DET
cjfa-56744	262	2	study	study	NOUN
cjfa-56744	262	3	provides	provide	VERB
cjfa-56744	262	4	an	an	DET
cjfa-56744	262	5	insightful	insightful	ADJ
cjfa-56744	262	6	analysis	analysis	NOUN
cjfa-56744	262	7	of	of	ADP
cjfa-56744	262	8	blockholder	blockholder	NOUN
cjfa-56744	262	9	concentration	concentration	NOUN
cjfa-56744	262	10	and	and	CCONJ
cjfa-56744	262	11	its	its	PRON
cjfa-56744	262	12	impact	impact	NOUN
cjfa-56744	262	13	on	on	ADP
cjfa-56744	262	14	csr	csr	NOUN
cjfa-56744	262	15	spending	spending	NOUN
cjfa-56744	262	16	,	,	PUNCT
cjfa-56744	262	17	emphasizing	emphasize	VERB
cjfa-56744	262	18	the	the	DET
cjfa-56744	262	19	need	need	NOUN
cjfa-56744	262	20	for	for	ADP
cjfa-56744	262	21	strategic	strategic	ADJ
cjfa-56744	262	22	alliances	alliance	NOUN
cjfa-56744	262	23	among	among	ADP
cjfa-56744	262	24	blockholders	blockholder	NOUN
cjfa-56744	262	25	to	to	PART
cjfa-56744	262	26	maximize	maximize	VERB
cjfa-56744	262	27	their	their	PRON
cjfa-56744	262	28	influence	influence	NOUN
cjfa-56744	262	29	.	.	PUNCT
cjfa-56744	263	1	the	the	DET
cjfa-56744	263	2	findings	finding	NOUN
cjfa-56744	263	3	align	align	VERB
cjfa-56744	263	4	with	with	ADP
cjfa-56744	263	5	stakeholder	stakeholder	NOUN
cjfa-56744	263	6	identification	identification	NOUN
cjfa-56744	263	7	and	and	CCONJ
cjfa-56744	263	8	salience	salience	NOUN
cjfa-56744	263	9	theories	theory	NOUN
cjfa-56744	263	10	and	and	CCONJ
cjfa-56744	263	11	offer	offer	VERB
cjfa-56744	263	12	valuable	valuable	ADJ
cjfa-56744	263	13	insights	insight	NOUN
cjfa-56744	263	14	for	for	ADP
cjfa-56744	263	15	policymakers	policymaker	NOUN
cjfa-56744	263	16	and	and	CCONJ
cjfa-56744	263	17	corporate	corporate	ADJ
cjfa-56744	263	18	managers	manager	NOUN
cjfa-56744	263	19	in	in	ADP
cjfa-56744	263	20	emerging	emerge	VERB
cjfa-56744	263	21	economies	economy	NOUN
cjfa-56744	263	22	.	.	PUNCT
cjfa-56744	264	1	limitations	limitation	NOUN
cjfa-56744	264	2	of	of	ADP
cjfa-56744	264	3	the	the	DET
cjfa-56744	264	4	studylimitations	studylimitation	NOUN
cjfa-56744	264	5	of	of	ADP
cjfa-56744	264	6	the	the	DET
cjfa-56744	264	7	study	study	NOUN
cjfa-56744	264	8	this	this	DET
cjfa-56744	264	9	study	study	NOUN
cjfa-56744	264	10	acknowledges	acknowledge	VERB
cjfa-56744	264	11	potential	potential	ADJ
cjfa-56744	264	12	biases	bias	NOUN
cjfa-56744	264	13	in	in	ADP
cjfa-56744	264	14	measuring	measure	VERB
cjfa-56744	264	15	csr	csr	NOUN
cjfa-56744	264	16	spending	spending	NOUN
cjfa-56744	264	17	and	and	CCONJ
cjfa-56744	264	18	blockholder	blockholder	NOUN
cjfa-56744	264	19	influence	influence	NOUN
cjfa-56744	264	20	.	.	PUNCT
cjfa-56744	265	1	relying	rely	VERB
cjfa-56744	265	2	only	only	ADV
cjfa-56744	265	3	on	on	ADP
cjfa-56744	265	4	data	datum	NOUN
cjfa-56744	265	5	from	from	ADP
cjfa-56744	265	6	indian	indian	ADJ
cjfa-56744	265	7	firms	firm	NOUN
cjfa-56744	265	8	may	may	AUX
cjfa-56744	265	9	limit	limit	VERB
cjfa-56744	265	10	the	the	DET
cjfa-56744	265	11	generalizability	generalizability	NOUN
cjfa-56744	265	12	of	of	ADP
cjfa-56744	265	13	the	the	DET
cjfa-56744	265	14	findings	finding	NOUN
cjfa-56744	265	15	to	to	ADP
cjfa-56744	265	16	other	other	ADJ
cjfa-56744	265	17	contexts	context	NOUN
cjfa-56744	265	18	.	.	PUNCT
cjfa-56744	266	1	future	future	ADJ
cjfa-56744	266	2	research	research	NOUN
cjfa-56744	266	3	should	should	AUX
cjfa-56744	266	4	consider	consider	VERB
cjfa-56744	266	5	longitudinal	longitudinal	ADJ
cjfa-56744	266	6	studies	study	NOUN
cjfa-56744	266	7	with	with	ADP
cjfa-56744	266	8	real	real	ADJ
cjfa-56744	266	9	-	-	PUNCT
cjfa-56744	266	10	time	time	NOUN
cjfa-56744	266	11	data	datum	NOUN
cjfa-56744	266	12	and	and	CCONJ
cjfa-56744	266	13	explore	explore	VERB
cjfa-56744	266	14	alternative	alternative	ADJ
cjfa-56744	266	15	data	datum	NOUN
cjfa-56744	266	16	sources	source	NOUN
cjfa-56744	266	17	to	to	PART
cjfa-56744	266	18	validate	validate	VERB
cjfa-56744	266	19	these	these	DET
cjfa-56744	266	20	results	result	NOUN
cjfa-56744	266	21	.	.	PUNCT
cjfa-56744	267	1	enhanced	enhance	VERB
cjfa-56744	267	2	methods	method	NOUN
cjfa-56744	267	3	of	of	ADP
cjfa-56744	267	4	measuring	measure	VERB
cjfa-56744	267	5	csr	csr	NOUN
cjfa-56744	267	6	impacts	impact	NOUN
cjfa-56744	267	7	and	and	CCONJ
cjfa-56744	267	8	blockholder	blockholder	NOUN
cjfa-56744	267	9	dynamics	dynamic	NOUN
cjfa-56744	267	10	,	,	PUNCT
cjfa-56744	267	11	including	include	VERB
cjfa-56744	267	12	qualitative	qualitative	ADJ
cjfa-56744	267	13	assessments	assessment	NOUN
cjfa-56744	267	14	,	,	PUNCT
cjfa-56744	267	15	can	can	AUX
cjfa-56744	267	16	provide	provide	VERB
cjfa-56744	267	17	a	a	DET
cjfa-56744	267	18	more	more	ADV
cjfa-56744	267	19	comprehensive	comprehensive	ADJ
cjfa-56744	267	20	understanding	understanding	NOUN
cjfa-56744	267	21	.	.	PUNCT
cjfa-56744	268	1	does	do	AUX
cjfa-56744	268	2	blockholders	blockholder	NOUN
cjfa-56744	268	3	’	’	PART
cjfa-56744	268	4	concentration	concentration	NOUN
cjfa-56744	268	5	influence	influence	NOUN
cjfa-56744	268	6	spending	spending	NOUN
cjfa-56744	268	7	…	…	SYM
cjfa-56744	268	8	107107	107107	NUM
cjfa-56744	268	9	 	 	SPACE
cjfa-56744	268	10	references	reference	NOUN
cjfa-56744	268	11	 	 	SPACE
cjfa-56744	268	12	references	reference	NOUN
cjfa-56744	268	13	ali	ali	PROPN
cjfa-56744	268	14	shah	shah	PROPN
cjfa-56744	268	15	,	,	PUNCT
cjfa-56744	268	16	s.z	s.z	PROPN
cjfa-56744	268	17	.	.	PROPN
cjfa-56744	268	18	,	,	PUNCT
cjfa-56744	268	19	akbar	akbar	NOUN
cjfa-56744	268	20	,	,	PUNCT
cjfa-56744	268	21	s.	s.	PROPN
cjfa-56744	268	22	,	,	PUNCT
cjfa-56744	268	23	&	&	CCONJ
cjfa-56744	268	24	zhu	zhu	PROPN
cjfa-56744	268	25	,	,	PUNCT
cjfa-56744	268	26	x.	x.	NOUN
cjfa-56744	268	27	(	(	PUNCT
cjfa-56744	268	28	2023	2023	NUM
cjfa-56744	268	29	)	)	PUNCT
cjfa-56744	268	30	.	.	PUNCT
cjfa-56744	269	1	mandatory	mandatory	ADJ
cjfa-56744	269	2	csr	csr	NOUN
cjfa-56744	269	3	disclosure	disclosure	NOUN
cjfa-56744	269	4	,	,	PUNCT
cjfa-56744	269	5	institutional	institutional	ADJ
cjfa-56744	269	6	ownership	ownership	NOUN
cjfa-56744	269	7	,	,	PUNCT
cjfa-56744	269	8	and	and	CCONJ
cjfa-56744	269	9	firm	firm	ADJ
cjfa-56744	269	10	value	value	NOUN
cjfa-56744	269	11	:	:	PUNCT
cjfa-56744	269	12	evidence	evidence	NOUN
cjfa-56744	269	13	from	from	ADP
cjfa-56744	269	14	china	china	PROPN
cjfa-56744	269	15	.	.	PUNCT
cjfa-56744	270	1	international	international	ADJ
cjfa-56744	270	2	journal	journal	PROPN
cjfa-56744	270	3	of	of	ADP
cjfa-56744	270	4	finance	finance	PROPN
cjfa-56744	270	5	&	&	CCONJ
cjfa-56744	270	6	economics	economic	NOUN
cjfa-56744	270	7	,	,	PUNCT
cjfa-56744	270	8	1	1	NUM
cjfa-56744	270	9	-	-	SYM
cjfa-56744	270	10	15	15	NUM
cjfa-56744	270	11	.	.	PUNCT
cjfa-56744	271	1	https://doi.org/10.1002/ijfe.2908	https://doi.org/10.1002/ijfe.2908	PROPN
cjfa-56744	271	2	.	.	PUNCT
cjfa-56744	272	1	almeida	almeida	PROPN
cjfa-56744	272	2	,	,	PUNCT
cjfa-56744	272	3	h.v	h.v	PROPN
cjfa-56744	272	4	.	.	PROPN
cjfa-56744	272	5	,	,	PUNCT
cjfa-56744	272	6	&	&	CCONJ
cjfa-56744	272	7	wolfenzon	wolfenzon	PROPN
cjfa-56744	272	8	,	,	PUNCT
cjfa-56744	272	9	d.	d.	PROPN
cjfa-56744	272	10	(	(	PUNCT
cjfa-56744	272	11	2006	2006	NUM
cjfa-56744	272	12	)	)	PUNCT
cjfa-56744	272	13	.	.	PUNCT
cjfa-56744	273	1	a	a	DET
cjfa-56744	273	2	theory	theory	NOUN
cjfa-56744	273	3	of	of	ADP
cjfa-56744	273	4	pyramidal	pyramidal	ADJ
cjfa-56744	273	5	ownership	ownership	NOUN
cjfa-56744	273	6	and	and	CCONJ
cjfa-56744	273	7	family	family	NOUN
cjfa-56744	273	8	business	business	NOUN
cjfa-56744	273	9	groups	group	NOUN
cjfa-56744	273	10	.	.	PUNCT
cjfa-56744	274	1	journal	journal	PROPN
cjfa-56744	274	2	of	of	ADP
cjfa-56744	274	3	finance	finance	NOUN
cjfa-56744	274	4	,	,	PUNCT
cjfa-56744	274	5	61(6	61(6	NUM
cjfa-56744	274	6	)	)	PUNCT
cjfa-56744	274	7	,	,	PUNCT
cjfa-56744	274	8	2637–2680	2637–2680	NUM
cjfa-56744	274	9	.	.	PUNCT
cjfa-56744	275	1	https://doi.org/10.1111/j.15406261.2006.01001.x	https://doi.org/10.1111/j.15406261.2006.01001.x	X
cjfa-56744	275	2	.	.	PUNCT
cjfa-56744	276	1	baek	baek	PROPN
cjfa-56744	276	2	,	,	PUNCT
cjfa-56744	276	3	j.s	j.s	PROPN
cjfa-56744	276	4	.	.	PROPN
cjfa-56744	276	5	,	,	PUNCT
cjfa-56744	276	6	kang	kang	PROPN
cjfa-56744	276	7	,	,	PUNCT
cjfa-56744	276	8	j.k	j.k	PROPN
cjfa-56744	276	9	.	.	PROPN
cjfa-56744	276	10	,	,	PUNCT
cjfa-56744	276	11	&	&	CCONJ
cjfa-56744	276	12	suh	suh	PROPN
cjfa-56744	276	13	park	park	PROPN
cjfa-56744	276	14	,	,	PUNCT
cjfa-56744	276	15	k.	k.	PROPN
cjfa-56744	276	16	(	(	PUNCT
cjfa-56744	276	17	2004	2004	NUM
cjfa-56744	276	18	)	)	PUNCT
cjfa-56744	276	19	.	.	PUNCT
cjfa-56744	277	1	corporate	corporate	ADJ
cjfa-56744	277	2	governance	governance	NOUN
cjfa-56744	277	3	and	and	CCONJ
cjfa-56744	277	4	firm	firm	ADJ
cjfa-56744	277	5	value	value	NOUN
cjfa-56744	277	6	:	:	PUNCT
cjfa-56744	277	7	evidence	evidence	NOUN
cjfa-56744	277	8	from	from	ADP
cjfa-56744	277	9	the	the	DET
cjfa-56744	277	10	korean	korean	ADJ
cjfa-56744	277	11	financial	financial	ADJ
cjfa-56744	277	12	crisis	crisis	NOUN
cjfa-56744	277	13	.	.	PUNCT
cjfa-56744	278	1	journal	journal	NOUN
cjfa-56744	278	2	of	of	ADP
cjfa-56744	278	3	financial	financial	ADJ
cjfa-56744	278	4	economics	economic	NOUN
cjfa-56744	278	5	,	,	PUNCT
cjfa-56744	278	6	71(2	71(2	NUM
cjfa-56744	278	7	)	)	PUNCT
cjfa-56744	278	8	,	,	PUNCT
cjfa-56744	278	9	265–313	265–313	NUM
cjfa-56744	278	10	.	.	PUNCT
cjfa-56744	279	1	https://doi.org/10.1016/s0304-405x(03)00167-3	https://doi.org/10.1016/s0304-405x(03)00167-3	X
cjfa-56744	279	2	.	.	PUNCT
cjfa-56744	280	1	carroll	carroll	PROPN
cjfa-56744	280	2	,	,	PUNCT
cjfa-56744	280	3	g.r	g.r	PROPN
cjfa-56744	280	4	.	.	PROPN
cjfa-56744	280	5	,	,	PUNCT
cjfa-56744	280	6	&	&	CCONJ
cjfa-56744	280	7	hannan	hannan	PROPN
cjfa-56744	280	8	,	,	PUNCT
cjfa-56744	280	9	m.t	m.t	PROPN
cjfa-56744	280	10	.	.	PROPN
cjfa-56744	280	11	(	(	PUNCT
cjfa-56744	280	12	1989	1989	NUM
cjfa-56744	280	13	)	)	PUNCT
cjfa-56744	280	14	.	.	PUNCT
cjfa-56744	281	1	density	density	NOUN
cjfa-56744	281	2	delay	delay	NOUN
cjfa-56744	281	3	in	in	ADP
cjfa-56744	281	4	the	the	DET
cjfa-56744	281	5	evolution	evolution	NOUN
cjfa-56744	281	6	of	of	ADP
cjfa-56744	281	7	organizational	organizational	ADJ
cjfa-56744	281	8	populations	population	NOUN
cjfa-56744	281	9	:	:	PUNCT
cjfa-56744	281	10	a	a	DET
cjfa-56744	281	11	model	model	NOUN
cjfa-56744	281	12	and	and	CCONJ
cjfa-56744	281	13	five	five	NUM
cjfa-56744	281	14	empirical	empirical	ADJ
cjfa-56744	281	15	tests	test	NOUN
cjfa-56744	281	16	.	.	PUNCT
cjfa-56744	282	1	administrative	administrative	ADJ
cjfa-56744	282	2	science	science	PROPN
cjfa-56744	282	3	quarterly	quarterly	PROPN
cjfa-56744	282	4	,	,	PUNCT
cjfa-56744	282	5	34(3	34(3	NUM
cjfa-56744	282	6	)	)	PUNCT
cjfa-56744	282	7	,	,	PUNCT
cjfa-56744	282	8	411–430	411–430	NUM
cjfa-56744	282	9	.	.	PUNCT
cjfa-56744	283	1	https://doi.org/10.2307/2393151	https://doi.org/10.2307/2393151	NUM
cjfa-56744	283	2	.	.	PUNCT
cjfa-56744	284	1	cheng	cheng	PROPN
cjfa-56744	284	2	,	,	PUNCT
cjfa-56744	284	3	x.	x.	PROPN
cjfa-56744	284	4	,	,	PUNCT
cjfa-56744	284	5	wang	wang	PROPN
cjfa-56744	284	6	,	,	PUNCT
cjfa-56744	284	7	h.	h.	PROPN
cjfa-56744	284	8	,	,	PUNCT
cjfa-56744	284	9	&	&	CCONJ
cjfa-56744	284	10	wang	wang	PROPN
cjfa-56744	284	11	,	,	PUNCT
cjfa-56744	284	12	x.	x.	NOUN
cjfa-56744	284	13	(	(	PUNCT
cjfa-56744	284	14	2022	2022	NUM
cjfa-56744	284	15	)	)	PUNCT
cjfa-56744	284	16	.	.	PUNCT
cjfa-56744	285	1	common	common	ADJ
cjfa-56744	285	2	institutional	institutional	ADJ
cjfa-56744	285	3	ownership	ownership	NOUN
cjfa-56744	285	4	and	and	CCONJ
cjfa-56744	285	5	corporate	corporate	ADJ
cjfa-56744	285	6	social	social	ADJ
cjfa-56744	285	7	responsibility	responsibility	NOUN
cjfa-56744	285	8	.	.	PUNCT
cjfa-56744	286	1	journal	journal	NOUN
cjfa-56744	286	2	of	of	ADP
cjfa-56744	286	3	banking	banking	NOUN
cjfa-56744	286	4	&	&	CCONJ
cjfa-56744	286	5	finance	finance	PROPN
cjfa-56744	286	6	,	,	PUNCT
cjfa-56744	286	7	136	136	NUM
cjfa-56744	286	8	,	,	PUNCT
cjfa-56744	286	9	106218	106218	NUM
cjfa-56744	286	10	.	.	PUNCT
cjfa-56744	287	1	https://doi	https://doi	X
cjfa-56744	287	2	.	.	PUNCT
cjfa-56744	288	1	org/10.1016	org/10.1016	PROPN
cjfa-56744	288	2	/	/	SYM
cjfa-56744	288	3	j.jbankfin.2021.106218	j.jbankfin.2021.106218	NOUN
cjfa-56744	288	4	.	.	PUNCT
cjfa-56744	289	1	claessens	claessen	NOUN
cjfa-56744	289	2	,	,	PUNCT
cjfa-56744	289	3	s.	s.	PROPN
cjfa-56744	289	4	,	,	PUNCT
cjfa-56744	289	5	djankov	djankov	PROPN
cjfa-56744	289	6	,	,	PUNCT
cjfa-56744	289	7	s.	s.	PROPN
cjfa-56744	289	8	,	,	PUNCT
cjfa-56744	289	9	&	&	CCONJ
cjfa-56744	289	10	lang	lang	PROPN
cjfa-56744	289	11	,	,	PUNCT
cjfa-56744	289	12	l.h.p	l.h.p	PROPN
cjfa-56744	289	13	.	.	PUNCT
cjfa-56744	290	1	(	(	PUNCT
cjfa-56744	290	2	2000	2000	NUM
cjfa-56744	290	3	)	)	PUNCT
cjfa-56744	290	4	.	.	PUNCT
cjfa-56744	291	1	the	the	DET
cjfa-56744	291	2	separation	separation	NOUN
cjfa-56744	291	3	of	of	ADP
cjfa-56744	291	4	ownership	ownership	NOUN
cjfa-56744	291	5	and	and	CCONJ
cjfa-56744	291	6	control	control	NOUN
cjfa-56744	291	7	in	in	ADP
cjfa-56744	291	8	east	east	ADJ
cjfa-56744	291	9	asian	asian	ADJ
cjfa-56744	291	10	corporations	corporation	NOUN
cjfa-56744	291	11	.	.	PUNCT
cjfa-56744	292	1	journal	journal	PROPN
cjfa-56744	292	2	of	of	ADP
cjfa-56744	292	3	financial	financial	ADJ
cjfa-56744	292	4	economics	economic	NOUN
cjfa-56744	292	5	,	,	PUNCT
cjfa-56744	292	6	58(1–2	58(1–2	PROPN
cjfa-56744	292	7	)	)	PUNCT
cjfa-56744	292	8	,	,	PUNCT
cjfa-56744	292	9	81–112	81–112	PROPN
cjfa-56744	292	10	.	.	PUNCT
cjfa-56744	293	1	https://	https://	PROPN
cjfa-56744	293	2	doi.org/10.1016/s0304-405x(00)00067-2	doi.org/10.1016/s0304-405x(00)00067-2	PROPN
cjfa-56744	293	3	.	.	PROPN
cjfa-56744	293	4	desai	desai	PROPN
cjfa-56744	293	5	,	,	PUNCT
cjfa-56744	293	6	r.	r.	PROPN
cjfa-56744	293	7	,	,	PUNCT
cjfa-56744	293	8	&	&	CCONJ
cjfa-56744	293	9	raval	raval	NOUN
cjfa-56744	293	10	,	,	PUNCT
cjfa-56744	293	11	a.	a.	NOUN
cjfa-56744	293	12	(	(	PUNCT
cjfa-56744	293	13	2022	2022	NUM
cjfa-56744	293	14	)	)	PUNCT
cjfa-56744	293	15	.	.	PUNCT
cjfa-56744	294	1	examining	examine	VERB
cjfa-56744	294	2	the	the	DET
cjfa-56744	294	3	relation	relation	NOUN
cjfa-56744	294	4	between	between	ADP
cjfa-56744	294	5	market	market	NOUN
cjfa-56744	294	6	value	value	NOUN
cjfa-56744	294	7	and	and	CCONJ
cjfa-56744	294	8	co2	co2	NOUN
cjfa-56744	294	9	emission	emission	NOUN
cjfa-56744	294	10	:	:	PUNCT
cjfa-56744	294	11	study	study	NOUN
cjfa-56744	294	12	of	of	ADP
cjfa-56744	294	13	indian	indian	ADJ
cjfa-56744	294	14	firms	firm	NOUN
cjfa-56744	294	15	.	.	PUNCT
cjfa-56744	295	1	copernican	copernican	PROPN
cjfa-56744	295	2	journal	journal	PROPN
cjfa-56744	295	3	of	of	ADP
cjfa-56744	295	4	finance	finance	PROPN
cjfa-56744	295	5	&	&	CCONJ
cjfa-56744	295	6	accounting	accounting	PROPN
cjfa-56744	295	7	,	,	PUNCT
cjfa-56744	295	8	11(3	11(3	NUM
cjfa-56744	295	9	)	)	PUNCT
cjfa-56744	295	10	,	,	PUNCT
cjfa-56744	295	11	9	9	NUM
cjfa-56744	295	12	-	-	SYM
cjfa-56744	295	13	25	25	NUM
cjfa-56744	295	14	.	.	PUNCT
cjfa-56744	296	1	https://doi.org/10.12775/cjfa.2022.011	https://doi.org/10.12775/cjfa.2022.011	PROPN
cjfa-56744	296	2	.	.	PUNCT
cjfa-56744	297	1	freeman	freeman	PROPN
cjfa-56744	297	2	,	,	PUNCT
cjfa-56744	297	3	r.e	r.e	PROPN
cjfa-56744	297	4	.	.	PROPN
cjfa-56744	297	5	,	,	PUNCT
cjfa-56744	297	6	&	&	CCONJ
cjfa-56744	297	7	david	david	PROPN
cjfa-56744	297	8	,	,	PUNCT
cjfa-56744	297	9	l.r	l.r	PROPN
cjfa-56744	297	10	.	.	PROPN
cjfa-56744	297	11	(	(	PUNCT
cjfa-56744	297	12	1983	1983	NUM
cjfa-56744	297	13	)	)	PUNCT
cjfa-56744	297	14	.	.	PUNCT
cjfa-56744	298	1	stockholders	stockholder	NOUN
cjfa-56744	298	2	and	and	CCONJ
cjfa-56744	298	3	stakeholders	stakeholder	NOUN
cjfa-56744	298	4	:	:	PUNCT
cjfa-56744	298	5	a	a	DET
cjfa-56744	298	6	new	new	ADJ
cjfa-56744	298	7	perspective	perspective	NOUN
cjfa-56744	298	8	on	on	ADP
cjfa-56744	298	9	corporate	corporate	ADJ
cjfa-56744	298	10	governance	governance	NOUN
cjfa-56744	298	11	.	.	PUNCT
cjfa-56744	299	1	california	california	PROPN
cjfa-56744	299	2	management	management	PROPN
cjfa-56744	299	3	review	review	PROPN
cjfa-56744	299	4	,	,	PUNCT
cjfa-56744	299	5	25(3	25(3	NUM
cjfa-56744	299	6	)	)	PUNCT
cjfa-56744	299	7	,	,	PUNCT
cjfa-56744	299	8	88–106	88–106	NUM
cjfa-56744	299	9	.	.	PUNCT
cjfa-56744	300	1	https://	https://	PROPN
cjfa-56744	300	2	doi.org/10.2307/41165018	doi.org/10.2307/41165018	PROPN
cjfa-56744	300	3	.	.	PUNCT
cjfa-56744	301	1	john	john	PROPN
cjfa-56744	301	2	,	,	PUNCT
cjfa-56744	301	3	s.w	s.w	PROPN
cjfa-56744	301	4	.	.	PROPN
cjfa-56744	301	5	(	(	PUNCT
cjfa-56744	301	6	2003	2003	NUM
cjfa-56744	301	7	)	)	PUNCT
cjfa-56744	301	8	.	.	PUNCT
cjfa-56744	302	1	corporate	corporate	ADJ
cjfa-56744	302	2	governance	governance	NOUN
cjfa-56744	302	3	and	and	CCONJ
cjfa-56744	302	4	firm	firm	ADJ
cjfa-56744	302	5	profitability	profitability	NOUN
cjfa-56744	302	6	:	:	PUNCT
cjfa-56744	302	7	evidence	evidence	NOUN
cjfa-56744	302	8	from	from	ADP
cjfa-56744	302	9	korea	korea	PROPN
cjfa-56744	302	10	before	before	ADP
cjfa-56744	302	11	the	the	DET
cjfa-56744	302	12	economic	economic	ADJ
cjfa-56744	302	13	crisis	crisis	NOUN
cjfa-56744	302	14	.	.	PUNCT
cjfa-56744	303	1	journal	journal	NOUN
cjfa-56744	303	2	of	of	ADP
cjfa-56744	303	3	financial	financial	ADJ
cjfa-56744	303	4	economics	economic	NOUN
cjfa-56744	303	5	,	,	PUNCT
cjfa-56744	303	6	68(2	68(2	NOUN
cjfa-56744	303	7	)	)	PUNCT
cjfa-56744	303	8	,	,	PUNCT
cjfa-56744	303	9	287–322	287–322	NUM
cjfa-56744	303	10	.	.	PUNCT
cjfa-56744	304	1	https://	https://	PROPN
cjfa-56744	304	2	doi.org/10.1016/s0304-405x(03)00068–0	doi.org/10.1016/s0304-405x(03)00068–0	PROPN
cjfa-56744	304	3	.	.	PUNCT
cjfa-56744	305	1	lamont	lamont	PROPN
cjfa-56744	305	2	,	,	PUNCT
cjfa-56744	305	3	o.	o.	PROPN
cjfa-56744	305	4	(	(	PUNCT
cjfa-56744	305	5	1997	1997	NUM
cjfa-56744	305	6	)	)	PUNCT
cjfa-56744	305	7	.	.	PUNCT
cjfa-56744	306	1	cash	cash	NOUN
cjfa-56744	306	2	flow	flow	NOUN
cjfa-56744	306	3	and	and	CCONJ
cjfa-56744	306	4	investment	investment	NOUN
cjfa-56744	306	5	:	:	PUNCT
cjfa-56744	306	6	evidence	evidence	NOUN
cjfa-56744	306	7	from	from	ADP
cjfa-56744	306	8	internal	internal	ADJ
cjfa-56744	306	9	capital	capital	NOUN
cjfa-56744	306	10	markets	market	NOUN
cjfa-56744	306	11	.	.	PUNCT
cjfa-56744	307	1	journal	journal	PROPN
cjfa-56744	307	2	of	of	ADP
cjfa-56744	307	3	finance	finance	NOUN
cjfa-56744	307	4	,	,	PUNCT
cjfa-56744	307	5	52(1	52(1	NOUN
cjfa-56744	307	6	)	)	PUNCT
cjfa-56744	307	7	,	,	PUNCT
cjfa-56744	307	8	83–109	83–109	NUM
cjfa-56744	307	9	.	.	PUNCT
cjfa-56744	308	1	https://doi.org/10.1111/j.1540-6261.1997	https://doi.org/10.1111/j.1540-6261.1997	PROPN
cjfa-56744	308	2	.	.	PUNCT
cjfa-56744	309	1	tb03809.x	tb03809.x	NOUN
cjfa-56744	309	2	.	.	PUNCT
cjfa-56744	310	1	la	la	PROPN
cjfa-56744	310	2	porta	porta	PROPN
cjfa-56744	310	3	,	,	PUNCT
cjfa-56744	310	4	r.	r.	PROPN
cjfa-56744	310	5	,	,	PUNCT
cjfa-56744	310	6	lopez	lopez	NOUN
cjfa-56744	310	7	-	-	PUNCT
cjfa-56744	310	8	de	de	NOUN
cjfa-56744	310	9	-	-	NOUN
cjfa-56744	310	10	silanes	silanes	PROPN
cjfa-56744	310	11	,	,	PUNCT
cjfa-56744	310	12	f.	f.	PROPN
cjfa-56744	310	13	,	,	PUNCT
cjfa-56744	310	14	&	&	CCONJ
cjfa-56744	310	15	shleifer	shleifer	PROPN
cjfa-56744	310	16	,	,	PUNCT
cjfa-56744	310	17	a.	a.	NOUN
cjfa-56744	310	18	(	(	PUNCT
cjfa-56744	310	19	1999	1999	NUM
cjfa-56744	310	20	)	)	PUNCT
cjfa-56744	310	21	.	.	PUNCT
cjfa-56744	311	1	corporate	corporate	ADJ
cjfa-56744	311	2	ownership	ownership	NOUN
cjfa-56744	311	3	around	around	ADP
cjfa-56744	311	4	the	the	DET
cjfa-56744	311	5	world	world	NOUN
cjfa-56744	311	6	,	,	PUNCT
cjfa-56744	311	7	journal	journal	NOUN
cjfa-56744	311	8	of	of	ADP
cjfa-56744	311	9	finance	finance	NOUN
cjfa-56744	311	10	,	,	PUNCT
cjfa-56744	311	11	54(2	54(2	NUM
cjfa-56744	311	12	)	)	PUNCT
cjfa-56744	311	13	,	,	PUNCT
cjfa-56744	311	14	471	471	NUM
cjfa-56744	311	15	-	-	SYM
cjfa-56744	311	16	517	517	NUM
cjfa-56744	311	17	.	.	PUNCT
cjfa-56744	311	18	https://doi.org/10.1111/0022-1082.00115	https://doi.org/10.1111/0022-1082.00115	PROPN
cjfa-56744	311	19	.	.	PUNCT
cjfa-56744	312	1	lee	lee	PROPN
cjfa-56744	312	2	,	,	PUNCT
cjfa-56744	312	3	w.j	w.j	PROPN
cjfa-56744	312	4	.	.	PROPN
cjfa-56744	312	5	,	,	PUNCT
cjfa-56744	312	6	&	&	CCONJ
cjfa-56744	312	7	choi	choi	PROPN
cjfa-56744	312	8	,	,	PUNCT
cjfa-56744	312	9	s.u	s.u	PROPN
cjfa-56744	312	10	.	.	PROPN
cjfa-56744	312	11	(	(	PUNCT
cjfa-56744	312	12	2018	2018	NUM
cjfa-56744	312	13	)	)	PUNCT
cjfa-56744	312	14	.	.	PUNCT
cjfa-56744	313	1	effects	effect	NOUN
cjfa-56744	313	2	of	of	ADP
cjfa-56744	313	3	corporate	corporate	ADJ
cjfa-56744	313	4	life	life	NOUN
cjfa-56744	313	5	cycle	cycle	NOUN
cjfa-56744	313	6	on	on	ADP
cjfa-56744	313	7	corporate	corporate	ADJ
cjfa-56744	313	8	social	social	ADJ
cjfa-56744	313	9	responsibility	responsibility	NOUN
cjfa-56744	313	10	:	:	PUNCT
cjfa-56744	313	11	evidence	evidence	NOUN
cjfa-56744	313	12	from	from	ADP
cjfa-56744	313	13	korea	korea	PROPN
cjfa-56744	313	14	.	.	PUNCT
cjfa-56744	314	1	sustainability	sustainability	NOUN
cjfa-56744	314	2	,	,	PUNCT
cjfa-56744	314	3	10(10	10(10	NUM
cjfa-56744	314	4	)	)	PUNCT
cjfa-56744	314	5	,	,	PUNCT
cjfa-56744	314	6	3794	3794	NUM
cjfa-56744	314	7	.	.	PUNCT
cjfa-56744	315	1	https://doi.org/10.3390/	https://doi.org/10.3390/	PROPN
cjfa-56744	315	2	su10103794	su10103794	NOUN
cjfa-56744	315	3	.	.	PUNCT
cjfa-56744	316	1	manogna	manogna	PROPN
cjfa-56744	316	2	,	,	PUNCT
cjfa-56744	316	3	r.l	r.l	PROPN
cjfa-56744	316	4	.	.	PROPN
cjfa-56744	316	5	,	,	PUNCT
cjfa-56744	316	6	&	&	CCONJ
cjfa-56744	316	7	mishra	mishra	PROPN
cjfa-56744	316	8	,	,	PUNCT
cjfa-56744	316	9	a.k	a.k	PROPN
cjfa-56744	316	10	.	.	PROPN
cjfa-56744	316	11	(	(	PUNCT
cjfa-56744	316	12	2021	2021	NUM
cjfa-56744	316	13	)	)	PUNCT
cjfa-56744	316	14	.	.	PUNCT
cjfa-56744	317	1	does	do	AUX
cjfa-56744	317	2	institutional	institutional	ADJ
cjfa-56744	317	3	ownership	ownership	NOUN
cjfa-56744	317	4	and	and	CCONJ
cjfa-56744	317	5	internationalization	internationalization	NOUN
cjfa-56744	317	6	affect	affect	VERB
cjfa-56744	317	7	corporate	corporate	ADJ
cjfa-56744	317	8	social	social	ADJ
cjfa-56744	317	9	responsibility	responsibility	NOUN
cjfa-56744	317	10	in	in	ADP
cjfa-56744	317	11	emerging	emerge	VERB
cjfa-56744	317	12	economy	economy	NOUN
cjfa-56744	317	13	firms	firm	NOUN
cjfa-56744	317	14	?	?	PUNCT
cjfa-56744	318	1	an	an	DET
cjfa-56744	318	2	empirical	empirical	ADJ
cjfa-56744	318	3	evidence	evidence	NOUN
cjfa-56744	318	4	from	from	ADP
cjfa-56744	318	5	india	india	PROPN
cjfa-56744	318	6	.	.	PUNCT
cjfa-56744	319	1	journal	journal	PROPN
cjfa-56744	319	2	of	of	ADP
cjfa-56744	319	3	asia	asia	PROPN
cjfa-56744	319	4	business	business	PROPN
cjfa-56744	319	5	studies	study	NOUN
cjfa-56744	319	6	,	,	PUNCT
cjfa-56744	319	7	15(2	15(2	NUM
cjfa-56744	319	8	)	)	PUNCT
cjfa-56744	319	9	,	,	PUNCT
cjfa-56744	319	10	345–358	345–358	NUM
cjfa-56744	319	11	.	.	PUNCT
cjfa-56744	320	1	https://doi	https://doi	NOUN
cjfa-56744	320	2	.	.	PUNCT
cjfa-56744	320	3	org/10.1108	org/10.1108	PROPN
cjfa-56744	320	4	/	/	SYM
cjfa-56744	320	5	jabs-12	jabs-12	PROPN
cjfa-56744	320	6	-	-	PUNCT
cjfa-56744	320	7	2019	2019	NUM
cjfa-56744	320	8	-	-	PUNCT
cjfa-56744	320	9	0361	0361	NUM
cjfa-56744	320	10	.	.	PUNCT
cjfa-56744	321	1	https://doi.org/10.1016/s0304-405x(00)00067-2	https://doi.org/10.1016/s0304-405x(00)00067-2	NOUN
cjfa-56744	321	2	https://doi.org/10.1016/s0304-405x(00)00067-2	https://doi.org/10.1016/s0304-405x(00)00067-2	NOUN
cjfa-56744	321	3	srikanth	srikanth	PROPN
cjfa-56744	321	4	potharla108108	potharla108108	PROPN
cjfa-56744	321	5	miceikienė	miceikienė	PROPN
cjfa-56744	321	6	,	,	PUNCT
cjfa-56744	321	7	a.	a.	NOUN
cjfa-56744	321	8	,	,	PUNCT
cjfa-56744	321	9	rimkuvienė	rimkuvienė	PROPN
cjfa-56744	321	10	,	,	PUNCT
cjfa-56744	321	11	d.	d.	PROPN
cjfa-56744	321	12	,	,	PUNCT
cjfa-56744	321	13	&	&	CCONJ
cjfa-56744	321	14	gesevičienė	gesevičienė	PROPN
cjfa-56744	321	15	,	,	PUNCT
cjfa-56744	321	16	k.	k.	PROPN
cjfa-56744	321	17	(	(	PUNCT
cjfa-56744	321	18	2020	2020	NUM
cjfa-56744	321	19	)	)	PUNCT
cjfa-56744	321	20	.	.	PUNCT
cjfa-56744	322	1	assessment	assessment	NOUN
cjfa-56744	322	2	of	of	ADP
cjfa-56744	322	3	the	the	DET
cjfa-56744	322	4	environmental	environmental	ADJ
cjfa-56744	322	5	pollution	pollution	NOUN
cjfa-56744	322	6	determinants	determinant	NOUN
cjfa-56744	322	7	in	in	ADP
cjfa-56744	322	8	the	the	DET
cjfa-56744	322	9	economy	economy	NOUN
cjfa-56744	322	10	sectors	sector	NOUN
cjfa-56744	322	11	of	of	ADP
cjfa-56744	322	12	lithuania	lithuania	PROPN
cjfa-56744	322	13	.	.	PUNCT
cjfa-56744	323	1	copernican	copernican	PROPN
cjfa-56744	323	2	journal	journal	PROPN
cjfa-56744	323	3	of	of	ADP
cjfa-56744	323	4	finance	finance	PROPN
cjfa-56744	323	5	&	&	CCONJ
cjfa-56744	323	6	accounting	accounting	PROPN
cjfa-56744	323	7	,	,	PUNCT
cjfa-56744	323	8	8(4	8(4	NUM
cjfa-56744	323	9	)	)	PUNCT
cjfa-56744	323	10	,	,	PUNCT
cjfa-56744	323	11	171	171	NUM
cjfa-56744	323	12	-	-	SYM
cjfa-56744	323	13	184	184	NUM
cjfa-56744	323	14	.	.	PUNCT
cjfa-56744	324	1	https://doi.org/10.12775/cjfa.2019.023	https://doi.org/10.12775/cjfa.2019.023	PROPN
cjfa-56744	324	2	.	.	PUNCT
cjfa-56744	325	1	mitton	mitton	PROPN
cjfa-56744	325	2	,	,	PUNCT
cjfa-56744	325	3	t.	t.	PROPN
cjfa-56744	325	4	(	(	PUNCT
cjfa-56744	325	5	2002	2002	NUM
cjfa-56744	325	6	)	)	PUNCT
cjfa-56744	325	7	.	.	PUNCT
cjfa-56744	326	1	a	a	DET
cjfa-56744	326	2	cross	cross	ADJ
cjfa-56744	326	3	-	-	ADJ
cjfa-56744	326	4	firm	firm	ADJ
cjfa-56744	326	5	analysis	analysis	NOUN
cjfa-56744	326	6	of	of	ADP
cjfa-56744	326	7	the	the	DET
cjfa-56744	326	8	impact	impact	NOUN
cjfa-56744	326	9	of	of	ADP
cjfa-56744	326	10	corporate	corporate	ADJ
cjfa-56744	326	11	governance	governance	NOUN
cjfa-56744	326	12	on	on	ADP
cjfa-56744	326	13	the	the	DET
cjfa-56744	326	14	east	east	ADJ
cjfa-56744	326	15	asian	asian	ADJ
cjfa-56744	326	16	financial	financial	ADJ
cjfa-56744	326	17	crisis	crisis	NOUN
cjfa-56744	326	18	.	.	PUNCT
cjfa-56744	327	1	journal	journal	NOUN
cjfa-56744	327	2	of	of	ADP
cjfa-56744	327	3	financial	financial	ADJ
cjfa-56744	327	4	economics	economic	NOUN
cjfa-56744	327	5	,	,	PUNCT
cjfa-56744	327	6	64(2	64(2	NUM
cjfa-56744	327	7	)	)	PUNCT
cjfa-56744	327	8	,	,	PUNCT
cjfa-56744	327	9	215–241	215–241	NUM
cjfa-56744	327	10	.	.	PUNCT
cjfa-56744	328	1	https://	https://	PROPN
cjfa-56744	328	2	doi.org/10.1016/s0304-405x(02)00076–4	doi.org/10.1016/s0304-405x(02)00076–4	PROPN
cjfa-56744	328	3	.	.	PUNCT
cjfa-56744	329	1	nuvaid	nuvaid	PROPN
cjfa-56744	329	2	,	,	PUNCT
cjfa-56744	329	3	v.	v.	PROPN
cjfa-56744	329	4	,	,	PUNCT
cjfa-56744	329	5	sardar	sardar	PROPN
cjfa-56744	329	6	,	,	PUNCT
cjfa-56744	329	7	s.	s.	PROPN
cjfa-56744	329	8	,	,	PUNCT
cjfa-56744	329	9	&	&	CCONJ
cjfa-56744	329	10	chakravarty	chakravarty	PROPN
cjfa-56744	329	11	,	,	PUNCT
cjfa-56744	329	12	s.	s.	PROPN
cjfa-56744	329	13	(	(	PUNCT
cjfa-56744	329	14	2018	2018	NUM
cjfa-56744	329	15	)	)	PUNCT
cjfa-56744	329	16	.	.	PUNCT
cjfa-56744	330	1	csr	csr	NOUN
cjfa-56744	330	2	as	as	ADP
cjfa-56744	330	3	investment	investment	NOUN
cjfa-56744	330	4	:	:	PUNCT
cjfa-56744	330	5	an	an	DET
cjfa-56744	330	6	analysis	analysis	NOUN
cjfa-56744	330	7	of	of	ADP
cjfa-56744	330	8	ownership	ownership	NOUN
cjfa-56744	330	9	structure	structure	NOUN
cjfa-56744	330	10	and	and	CCONJ
cjfa-56744	330	11	firm	firm	ADJ
cjfa-56744	330	12	performance	performance	NOUN
cjfa-56744	330	13	.	.	PUNCT
cjfa-56744	331	1	current	current	ADJ
cjfa-56744	331	2	issues	issue	NOUN
cjfa-56744	331	3	in	in	ADP
cjfa-56744	331	4	economics	economic	NOUN
cjfa-56744	331	5	and	and	CCONJ
cjfa-56744	331	6	finance	finance	NOUN
cjfa-56744	331	7	.	.	PUNCT
cjfa-56744	332	1	springer	springer	NOUN
cjfa-56744	332	2	,	,	PUNCT
cjfa-56744	332	3	113–123	113–123	NUM
cjfa-56744	332	4	.	.	PUNCT
cjfa-56744	333	1	https://doi.org/10.1007/978-981-10-5810-3_8	https://doi.org/10.1007/978-981-10-5810-3_8	PROPN
cjfa-56744	333	2	.	.	PUNCT
cjfa-56744	334	1	ozdemir	ozdemir	PROPN
cjfa-56744	334	2	,	,	PUNCT
cjfa-56744	334	3	o.	o.	PROPN
cjfa-56744	334	4	,	,	PUNCT
cjfa-56744	334	5	erkmen	erkman	NOUN
cjfa-56744	334	6	,	,	PUNCT
cjfa-56744	334	7	e.	e.	PROPN
cjfa-56744	334	8	,	,	PUNCT
cjfa-56744	334	9	&	&	CCONJ
cjfa-56744	334	10	han	han	PROPN
cjfa-56744	334	11	,	,	PUNCT
cjfa-56744	334	12	w.	w.	PROPN
cjfa-56744	334	13	(	(	PUNCT
cjfa-56744	334	14	2023	2023	NUM
cjfa-56744	334	15	)	)	PUNCT
cjfa-56744	334	16	.	.	PUNCT
cjfa-56744	335	1	epu	epu	PROPN
cjfa-56744	335	2	and	and	CCONJ
cjfa-56744	335	3	financial	financial	ADJ
cjfa-56744	335	4	performance	performance	NOUN
cjfa-56744	335	5	in	in	ADP
cjfa-56744	335	6	the	the	DET
cjfa-56744	335	7	hospitality	hospitality	NOUN
cjfa-56744	335	8	and	and	CCONJ
cjfa-56744	335	9	tourism	tourism	NOUN
cjfa-56744	335	10	industry	industry	NOUN
cjfa-56744	335	11	:	:	PUNCT
cjfa-56744	335	12	moderating	moderate	VERB
cjfa-56744	335	13	effect	effect	NOUN
cjfa-56744	335	14	of	of	ADP
cjfa-56744	335	15	csr	csr	NOUN
cjfa-56744	335	16	,	,	PUNCT
cjfa-56744	335	17	institutional	institutional	ADJ
cjfa-56744	335	18	ownership	ownership	NOUN
cjfa-56744	335	19	and	and	CCONJ
cjfa-56744	335	20	cash	cash	NOUN
cjfa-56744	335	21	holding	holding	NOUN
cjfa-56744	335	22	.	.	PUNCT
cjfa-56744	336	1	tourism	tourism	NOUN
cjfa-56744	336	2	management	management	NOUN
cjfa-56744	336	3	,	,	PUNCT
cjfa-56744	336	4	98	98	NUM
cjfa-56744	336	5	,	,	PUNCT
cjfa-56744	336	6	104769	104769	NUM
cjfa-56744	336	7	.	.	PUNCT
cjfa-56744	337	1	https://doi.org/10.1016/j.tourman.2023.104769	https://doi.org/10.1016/j.tourman.2023.104769	PROPN
cjfa-56744	337	2	.	.	PUNCT
cjfa-56744	338	1	panicker	panicker	PROPN
cjfa-56744	338	2	,	,	PUNCT
cjfa-56744	338	3	v.s.	v.s.	X
cjfa-56744	338	4	(	(	PUNCT
cjfa-56744	338	5	2017	2017	NUM
cjfa-56744	338	6	)	)	PUNCT
cjfa-56744	338	7	.	.	PUNCT
cjfa-56744	339	1	ownership	ownership	NOUN
cjfa-56744	339	2	and	and	CCONJ
cjfa-56744	339	3	corporate	corporate	ADJ
cjfa-56744	339	4	social	social	ADJ
cjfa-56744	339	5	responsibility	responsibility	NOUN
cjfa-56744	339	6	in	in	ADP
cjfa-56744	339	7	indian	indian	ADJ
cjfa-56744	339	8	firms	firm	NOUN
cjfa-56744	339	9	.	.	PUNCT
cjfa-56744	340	1	social	social	ADJ
cjfa-56744	340	2	responsibility	responsibility	NOUN
cjfa-56744	340	3	journal	journal	NOUN
cjfa-56744	340	4	,	,	PUNCT
cjfa-56744	340	5	13(4	13(4	NUM
cjfa-56744	340	6	)	)	PUNCT
cjfa-56744	340	7	,	,	PUNCT
cjfa-56744	340	8	714–727	714–727	NUM
cjfa-56744	340	9	.	.	PUNCT
cjfa-56744	341	1	https://doi.org/10.1108/srj-02-20170030	https://doi.org/10.1108/srj-02-20170030	PROPN
cjfa-56744	341	2	.	.	PUNCT
cjfa-56744	341	3	salancik	salancik	PROPN
cjfa-56744	341	4	,	,	PUNCT
cjfa-56744	341	5	g.r	g.r	PROPN
cjfa-56744	341	6	.	.	PROPN
cjfa-56744	341	7	,	,	PUNCT
cjfa-56744	341	8	pfeffer	pfeffer	PROPN
cjfa-56744	341	9	,	,	PUNCT
cjfa-56744	341	10	j.	j.	PROPN
cjfa-56744	341	11	,	,	PUNCT
cjfa-56744	341	12	&	&	CCONJ
cjfa-56744	341	13	kelly	kelly	PROPN
cjfa-56744	341	14	,	,	PUNCT
cjfa-56744	341	15	j.p	j.p	PROPN
cjfa-56744	341	16	.	.	PROPN
cjfa-56744	341	17	(	(	PUNCT
cjfa-56744	341	18	1978	1978	NUM
cjfa-56744	341	19	)	)	PUNCT
cjfa-56744	341	20	.	.	PUNCT
cjfa-56744	342	1	a	a	DET
cjfa-56744	342	2	contingency	contingency	NOUN
cjfa-56744	342	3	model	model	NOUN
cjfa-56744	342	4	of	of	ADP
cjfa-56744	342	5	influence	influence	NOUN
cjfa-56744	342	6	in	in	ADP
cjfa-56744	342	7	organizational	organizational	ADJ
cjfa-56744	342	8	decision	decision	NOUN
cjfa-56744	342	9	-	-	PUNCT
cjfa-56744	342	10	making	making	NOUN
cjfa-56744	342	11	.	.	PUNCT
cjfa-56744	343	1	pacific	pacific	ADJ
cjfa-56744	343	2	sociological	sociological	ADJ
cjfa-56744	343	3	review	review	PROPN
cjfa-56744	343	4	,	,	PUNCT
cjfa-56744	343	5	21(2	21(2	NUM
cjfa-56744	343	6	)	)	PUNCT
cjfa-56744	343	7	,	,	PUNCT
cjfa-56744	343	8	239	239	NUM
cjfa-56744	343	9	-	-	SYM
cjfa-56744	343	10	256	256	NUM
cjfa-56744	343	11	.	.	PUNCT
cjfa-56744	344	1	https://	https://	PROPN
cjfa-56744	344	2	doi.org/10.2307/1388862	doi.org/10.2307/1388862	PROPN
cjfa-56744	344	3	.	.	PROPN
cjfa-56744	344	4	savage	savage	NOUN
cjfa-56744	344	5	,	,	PUNCT
cjfa-56744	344	6	g.t	g.t	PROPN
cjfa-56744	344	7	.	.	PROPN
cjfa-56744	344	8	,	,	PUNCT
cjfa-56744	344	9	nix	nix	PROPN
cjfa-56744	344	10	,	,	PUNCT
cjfa-56744	344	11	t.w	t.w	PROPN
cjfa-56744	344	12	.	.	PROPN
cjfa-56744	344	13	,	,	PUNCT
cjfa-56744	344	14	whitehead	whitehead	PROPN
cjfa-56744	344	15	,	,	PUNCT
cjfa-56744	344	16	c.j	c.j	PROPN
cjfa-56744	344	17	.	.	PROPN
cjfa-56744	344	18	,	,	PUNCT
cjfa-56744	344	19	&	&	CCONJ
cjfa-56744	344	20	blair	blair	PROPN
cjfa-56744	344	21	,	,	PUNCT
cjfa-56744	344	22	j.d	j.d	PROPN
cjfa-56744	344	23	.	.	PROPN
cjfa-56744	344	24	(	(	PUNCT
cjfa-56744	344	25	1991	1991	NUM
cjfa-56744	344	26	)	)	PUNCT
cjfa-56744	344	27	.	.	PUNCT
cjfa-56744	345	1	strategies	strategy	NOUN
cjfa-56744	345	2	for	for	ADP
cjfa-56744	345	3	assessing	assess	VERB
cjfa-56744	345	4	and	and	CCONJ
cjfa-56744	345	5	managing	manage	VERB
cjfa-56744	345	6	organizational	organizational	ADJ
cjfa-56744	345	7	stakeholders	stakeholder	NOUN
cjfa-56744	345	8	.	.	PUNCT
cjfa-56744	346	1	academy	academy	PROPN
cjfa-56744	346	2	of	of	ADP
cjfa-56744	346	3	management	management	NOUN
cjfa-56744	346	4	perspectives	perspective	NOUN
cjfa-56744	346	5	,	,	PUNCT
cjfa-56744	346	6	5(2	5(2	NUM
cjfa-56744	346	7	)	)	PUNCT
cjfa-56744	346	8	,	,	PUNCT
cjfa-56744	346	9	61–75	61–75	X
cjfa-56744	346	10	.	.	PUNCT
cjfa-56744	346	11	https://doi.org/10.5465/ame.1991.4274682	https://doi.org/10.5465/ame.1991.4274682	NOUN
cjfa-56744	346	12	.	.	PUNCT
cjfa-56744	347	1	scharfstein	scharfstein	PROPN
cjfa-56744	347	2	,	,	PUNCT
cjfa-56744	347	3	d.s	d.s	PROPN
cjfa-56744	347	4	.	.	PROPN
cjfa-56744	347	5	,	,	PUNCT
cjfa-56744	347	6	&	&	CCONJ
cjfa-56744	347	7	stein	stein	PROPN
cjfa-56744	347	8	,	,	PUNCT
cjfa-56744	347	9	j.c	j.c	PROPN
cjfa-56744	347	10	.	.	PROPN
cjfa-56744	347	11	(	(	PUNCT
cjfa-56744	347	12	2000	2000	NUM
cjfa-56744	347	13	)	)	PUNCT
cjfa-56744	347	14	.	.	PUNCT
cjfa-56744	348	1	the	the	DET
cjfa-56744	348	2	dark	dark	ADJ
cjfa-56744	348	3	side	side	NOUN
cjfa-56744	348	4	of	of	ADP
cjfa-56744	348	5	internal	internal	ADJ
cjfa-56744	348	6	capital	capital	NOUN
cjfa-56744	348	7	markets	market	NOUN
cjfa-56744	348	8	:	:	PUNCT
cjfa-56744	348	9	divisional	divisional	ADJ
cjfa-56744	348	10	rent	rent	NOUN
cjfa-56744	348	11	-	-	PUNCT
cjfa-56744	348	12	seeking	seek	VERB
cjfa-56744	348	13	and	and	CCONJ
cjfa-56744	348	14	inefficient	inefficient	ADJ
cjfa-56744	348	15	investment	investment	NOUN
cjfa-56744	348	16	.	.	PUNCT
cjfa-56744	349	1	journal	journal	PROPN
cjfa-56744	349	2	of	of	ADP
cjfa-56744	349	3	finance	finance	NOUN
cjfa-56744	349	4	,	,	PUNCT
cjfa-56744	349	5	55(6	55(6	NUM
cjfa-56744	349	6	)	)	PUNCT
cjfa-56744	349	7	,	,	PUNCT
cjfa-56744	349	8	2537–2564	2537–2564	NUM
cjfa-56744	349	9	.	.	PUNCT
cjfa-56744	350	1	https://doi.org/10.1111/0022-1082.00299	https://doi.org/10.1111/0022-1082.00299	PROPN
cjfa-56744	350	2	.	.	PUNCT
cjfa-56744	351	1	shin	shin	PROPN
cjfa-56744	351	2	,	,	PUNCT
cjfa-56744	351	3	h.h	h.h	PROPN
cjfa-56744	351	4	.	.	PROPN
cjfa-56744	351	5	,	,	PUNCT
cjfa-56744	351	6	&	&	CCONJ
cjfa-56744	351	7	stulz	stulz	ADJ
cjfa-56744	351	8	,	,	PUNCT
cjfa-56744	351	9	r.m	r.m	PROPN
cjfa-56744	351	10	.	.	PROPN
cjfa-56744	351	11	(	(	PUNCT
cjfa-56744	351	12	1998	1998	NUM
cjfa-56744	351	13	)	)	PUNCT
cjfa-56744	351	14	.	.	PUNCT
cjfa-56744	351	15	are	be	AUX
cjfa-56744	351	16	internal	internal	ADJ
cjfa-56744	351	17	capital	capital	NOUN
cjfa-56744	351	18	markets	market	NOUN
cjfa-56744	351	19	efficient	efficient	ADJ
cjfa-56744	351	20	?	?	PUNCT
cjfa-56744	351	21	.	.	PUNCT
cjfa-56744	352	1	quarterly	quarterly	ADJ
cjfa-56744	352	2	journal	journal	NOUN
cjfa-56744	352	3	of	of	ADP
cjfa-56744	352	4	economics	economic	NOUN
cjfa-56744	352	5	,	,	PUNCT
cjfa-56744	352	6	113(2	113(2	NUM
cjfa-56744	352	7	)	)	PUNCT
cjfa-56744	352	8	,	,	PUNCT
cjfa-56744	352	9	530–552	530–552	NUM
cjfa-56744	352	10	.	.	PUNCT
cjfa-56744	353	1	https://doi.org/10.1162/003355398555676	https://doi.org/10.1162/003355398555676	X
cjfa-56744	353	2	.	.	PUNCT
cjfa-56744	354	1	tarighi	tarighi	PROPN
cjfa-56744	354	2	,	,	PUNCT
cjfa-56744	354	3	h.	h.	PROPN
cjfa-56744	354	4	,	,	PUNCT
cjfa-56744	354	5	appolloni	appolloni	PROPN
cjfa-56744	354	6	,	,	PUNCT
cjfa-56744	354	7	a.	a.	PROPN
cjfa-56744	354	8	,	,	PUNCT
cjfa-56744	354	9	shirzad	shirzad	ADV
cjfa-56744	354	10	,	,	PUNCT
cjfa-56744	354	11	a.	a.	PROPN
cjfa-56744	354	12	,	,	PUNCT
cjfa-56744	354	13	&	&	CCONJ
cjfa-56744	354	14	azad	azad	PROPN
cjfa-56744	354	15	,	,	PUNCT
cjfa-56744	354	16	a.	a.	NOUN
cjfa-56744	354	17	(	(	PUNCT
cjfa-56744	354	18	2021	2021	NUM
cjfa-56744	354	19	)	)	PUNCT
cjfa-56744	354	20	.	.	PUNCT
cjfa-56744	355	1	corporate	corporate	ADJ
cjfa-56744	355	2	social	social	ADJ
cjfa-56744	355	3	responsibility	responsibility	NOUN
cjfa-56744	355	4	disclosure	disclosure	NOUN
cjfa-56744	355	5	(	(	PUNCT
cjfa-56744	355	6	csrd	csrd	NOUN
cjfa-56744	355	7	)	)	PUNCT
cjfa-56744	355	8	and	and	CCONJ
cjfa-56744	355	9	financial	financial	ADJ
cjfa-56744	355	10	distressed	distressed	ADJ
cjfa-56744	355	11	risk	risk	NOUN
cjfa-56744	355	12	(	(	PUNCT
cjfa-56744	355	13	fdr	fdr	PROPN
cjfa-56744	355	14	):	):	PUNCT
cjfa-56744	355	15	does	do	VERB
cjfa-56744	355	16	institutional	institutional	ADJ
cjfa-56744	355	17	ownership	ownership	NOUN
cjfa-56744	355	18	matter	matter	NOUN
cjfa-56744	355	19	?	?	PUNCT
cjfa-56744	356	1	sustainability	sustainability	NOUN
cjfa-56744	356	2	,	,	PUNCT
cjfa-56744	356	3	14(2	14(2	NUM
cjfa-56744	356	4	)	)	PUNCT
cjfa-56744	356	5	,	,	PUNCT
cjfa-56744	356	6	742	742	NUM
cjfa-56744	356	7	.	.	PUNCT
cjfa-56744	356	8	https://doi.org/10.3390/su14020742	https://doi.org/10.3390/su14020742	PROPN
cjfa-56744	356	9	.	.	PUNCT
cjfa-56744	357	1	tokas	tokas	PROPN
cjfa-56744	357	2	,	,	PUNCT
cjfa-56744	357	3	k.	k.	PROPN
cjfa-56744	357	4	,	,	PUNCT
cjfa-56744	357	5	&	&	CCONJ
cjfa-56744	357	6	yadav	yadav	PROPN
cjfa-56744	357	7	,	,	PUNCT
cjfa-56744	357	8	k.	k.	PROPN
cjfa-56744	357	9	(	(	PUNCT
cjfa-56744	357	10	2020	2020	NUM
cjfa-56744	357	11	)	)	PUNCT
cjfa-56744	357	12	.	.	PUNCT
cjfa-56744	358	1	foreign	foreign	ADJ
cjfa-56744	358	2	ownership	ownership	NOUN
cjfa-56744	358	3	and	and	CCONJ
cjfa-56744	358	4	corporate	corporate	ADJ
cjfa-56744	358	5	social	social	ADJ
cjfa-56744	358	6	responsibility	responsibility	NOUN
cjfa-56744	358	7	:	:	PUNCT
cjfa-56744	358	8	the	the	DET
cjfa-56744	358	9	case	case	NOUN
cjfa-56744	358	10	of	of	ADP
cjfa-56744	358	11	an	an	DET
cjfa-56744	358	12	emerging	emerge	VERB
cjfa-56744	358	13	market	market	NOUN
cjfa-56744	358	14	.	.	PUNCT
cjfa-56744	359	1	global	global	ADJ
cjfa-56744	359	2	business	business	PROPN
cjfa-56744	359	3	review	review	PROPN
cjfa-56744	359	4	,	,	PUNCT
cjfa-56744	359	5	24(6	24(6	NUM
cjfa-56744	359	6	)	)	PUNCT
cjfa-56744	359	7	,	,	PUNCT
cjfa-56744	359	8	1302	1302	NUM
cjfa-56744	359	9	-	-	SYM
cjfa-56744	359	10	1325	1325	NUM
cjfa-56744	359	11	.	.	PUNCT
cjfa-56744	360	1	https://doi.org/	https://doi.org/	PROPN
cjfa-56744	360	2	10.1177/0972150920920444	10.1177/0972150920920444	NUM
cjfa-56744	360	3	.	.	PUNCT
cjfa-56744	361	1	zhou	zhou	PROPN
cjfa-56744	361	2	,	,	PUNCT
cjfa-56744	361	3	t.	t.	PROPN
cjfa-56744	361	4	,	,	PUNCT
cjfa-56744	361	5	liu	liu	PROPN
cjfa-56744	361	6	,	,	PUNCT
cjfa-56744	361	7	m.	m.	NOUN
cjfa-56744	361	8	,	,	PUNCT
cjfa-56744	361	9	zhang	zhang	PROPN
cjfa-56744	361	10	,	,	PUNCT
cjfa-56744	361	11	x.	x.	PROPN
cjfa-56744	361	12	,	,	PUNCT
cjfa-56744	361	13	qi	qi	PROPN
cjfa-56744	361	14	,	,	PUNCT
cjfa-56744	361	15	z.	z.	PROPN
cjfa-56744	361	16	,	,	PUNCT
cjfa-56744	361	17	&	&	CCONJ
cjfa-56744	361	18	qin	qin	PROPN
cjfa-56744	361	19	,	,	PUNCT
cjfa-56744	361	20	n.	n.	PROPN
cjfa-56744	361	21	(	(	PUNCT
cjfa-56744	361	22	2024	2024	NUM
cjfa-56744	361	23	)	)	PUNCT
cjfa-56744	361	24	.	.	PUNCT
cjfa-56744	362	1	does	do	AUX
cjfa-56744	362	2	institutional	institutional	ADJ
cjfa-56744	362	3	ownership	ownership	NOUN
cjfa-56744	362	4	affect	affect	VERB
cjfa-56744	362	5	corporate	corporate	ADJ
cjfa-56744	362	6	social	social	ADJ
cjfa-56744	362	7	responsibility	responsibility	NOUN
cjfa-56744	362	8	?	?	PUNCT
cjfa-56744	363	1	evidence	evidence	NOUN
cjfa-56744	363	2	from	from	ADP
cjfa-56744	363	3	china	china	PROPN
cjfa-56744	363	4	.	.	PUNCT
cjfa-56744	364	1	economic	economic	ADJ
cjfa-56744	364	2	analysis	analysis	NOUN
cjfa-56744	364	3	and	and	CCONJ
cjfa-56744	364	4	policy	policy	NOUN
cjfa-56744	364	5	,	,	PUNCT
cjfa-56744	364	6	81	81	NUM
cjfa-56744	364	7	,	,	PUNCT
cjfa-56744	364	8	84	84	NUM
cjfa-56744	364	9	-	-	SYM
cjfa-56744	364	10	98	98	NUM
cjfa-56744	364	11	.	.	PUNCT
cjfa-56744	365	1	https://doi.org/10.1016/j.eap.2023.11.017	https://doi.org/10.1016/j.eap.2023.11.017	X
cjfa-56744	365	2	.	.	PUNCT
cjfa-56744	366	1	https://doi.org/10.1177/0972150920920444	https://doi.org/10.1177/0972150920920444	PROPN
cjfa-56744	366	2	https://doi.org/10.1177/0972150920920444	https://doi.org/10.1177/0972150920920444	ADJ