id	sid	tid	token	lemma	pos
easat-9326	1	1	edelweiss	edelweiss	PROPN
easat-9326	1	2	applied	apply	VERB
easat-9326	1	3	science	science	NOUN
easat-9326	1	4	and	and	CCONJ
easat-9326	1	5	technology	technology	NOUN
easat-9326	1	6	issn	issn	PROPN
easat-9326	1	7	:	:	PUNCT
easat-9326	1	8	2576	2576	NUM
easat-9326	1	9	-	-	SYM
easat-9326	1	10	8484	8484	NUM
easat-9326	1	11	vol	vol	NOUN
easat-9326	1	12	.	.	PROPN
easat-9326	2	1	9	9	NUM
easat-9326	2	2	,	,	PUNCT
easat-9326	2	3	no	no	INTJ
easat-9326	2	4	.	.	NOUN
easat-9326	2	5	8	8	NUM
easat-9326	2	6	,	,	PUNCT
easat-9326	2	7	493	493	NUM
easat-9326	2	8	-	-	SYM
easat-9326	2	9	504	504	NUM
easat-9326	2	10	2025	2025	NUM
easat-9326	2	11	publisher	publisher	NOUN
easat-9326	2	12	:	:	PUNCT
easat-9326	2	13	learning	learn	VERB
easat-9326	2	14	gate	gate	NOUN
easat-9326	2	15	doi	doi	PROPN
easat-9326	2	16	:	:	PUNCT
easat-9326	2	17	10.55214/2576	10.55214/2576	NUM
easat-9326	2	18	-	-	SYM
easat-9326	2	19	8484.v9i8.9326	8484.v9i8.9326	NUM
easat-9326	2	20	©	©	PROPN
easat-9326	2	21	2025	2025	NUM
easat-9326	2	22	by	by	ADP
easat-9326	2	23	the	the	DET
easat-9326	2	24	authors	author	NOUN
easat-9326	2	25	;	;	PUNCT
easat-9326	2	26	licensee	licensee	PROPN
easat-9326	2	27	learning	learning	NOUN
easat-9326	2	28	gate	gate	NOUN
easat-9326	3	1	©	©	PROPN
easat-9326	3	2	2025	2025	NUM
easat-9326	3	3	by	by	ADP
easat-9326	3	4	the	the	DET
easat-9326	3	5	authors	author	NOUN
easat-9326	3	6	;	;	PUNCT
easat-9326	3	7	licensee	licensee	PROPN
easat-9326	3	8	learning	learning	NOUN
easat-9326	3	9	gate	gate	NOUN
easat-9326	3	10	history	history	NOUN
easat-9326	3	11	:	:	PUNCT
easat-9326	3	12	received	receive	VERB
easat-9326	3	13	:	:	PUNCT
easat-9326	3	14	3	3	NUM
easat-9326	3	15	june	june	PROPN
easat-9326	3	16	2025	2025	NUM
easat-9326	3	17	;	;	PUNCT
easat-9326	3	18	revised	revise	VERB
easat-9326	3	19	:	:	PUNCT
easat-9326	3	20	18	18	NUM
easat-9326	3	21	june	june	PROPN
easat-9326	3	22	2025	2025	NUM
easat-9326	3	23	;	;	PUNCT
easat-9326	3	24	accepted	accept	VERB
easat-9326	3	25	:	:	PUNCT
easat-9326	3	26	23	23	NUM
easat-9326	3	27	june	june	PROPN
easat-9326	3	28	2025	2025	NUM
easat-9326	3	29	;	;	PUNCT
easat-9326	3	30	published	publish	VERB
easat-9326	3	31	:	:	PUNCT
easat-9326	4	1	7	7	NUM
easat-9326	4	2	august	august	PROPN
easat-9326	4	3	2025	2025	NUM
easat-9326	4	4	*	*	PUNCT
easat-9326	4	5	correspondence	correspondence	NOUN
easat-9326	4	6	:	:	PUNCT
easat-9326	4	7	hazlina_abdkadir@msu.edu.my	hazlina_abdkadir@msu.edu.my	PROPN
easat-9326	4	8	the	the	DET
easat-9326	4	9	impact	impact	NOUN
easat-9326	4	10	of	of	ADP
easat-9326	4	11	environmental	environmental	ADJ
easat-9326	4	12	,	,	PUNCT
easat-9326	4	13	social	social	ADJ
easat-9326	4	14	and	and	CCONJ
easat-9326	4	15	governance	governance	NOUN
easat-9326	4	16	on	on	ADP
easat-9326	4	17	firm	firm	ADJ
easat-9326	4	18	performance	performance	NOUN
easat-9326	4	19	:	:	PUNCT
easat-9326	4	20	the	the	DET
easat-9326	4	21	mediating	mediate	VERB
easat-9326	4	22	role	role	NOUN
easat-9326	4	23	of	of	ADP
easat-9326	4	24	green	green	ADJ
easat-9326	4	25	innovation	innovation	PROPN
easat-9326	4	26	fei	fei	PROPN
easat-9326	4	27	guo1	guo1	PROPN
easat-9326	4	28	,	,	PUNCT
easat-9326	4	29	hazlina	hazlina	NOUN
easat-9326	4	30	abd.kadir1	abd.kadir1	PROPN
easat-9326	4	31	*	*	PROPN
easat-9326	4	32	,	,	PUNCT
easat-9326	4	33	zunirah	zunirah	PROPN
easat-9326	4	34	binti	binti	PROPN
easat-9326	4	35	mohd	mohd	PROPN
easat-9326	4	36	talib1	talib1	PROPN
easat-9326	5	1	1graduate	1graduate	NUM
easat-9326	5	2	school	school	NOUN
easat-9326	5	3	of	of	ADP
easat-9326	5	4	management	management	NOUN
easat-9326	5	5	,	,	PUNCT
easat-9326	5	6	management	management	NOUN
easat-9326	5	7	and	and	CCONJ
easat-9326	5	8	science	science	NOUN
easat-9326	5	9	university	university	PROPN
easat-9326	5	10	,	,	PUNCT
easat-9326	5	11	shah	shah	PROPN
easat-9326	5	12	alam	alam	PROPN
easat-9326	5	13	,	,	PUNCT
easat-9326	5	14	40100	40100	NUM
easat-9326	5	15	,	,	PUNCT
easat-9326	5	16	malaysia	malaysia	PROPN
easat-9326	5	17	;	;	PUNCT
easat-9326	5	18	hazlina_abdkadir@msu.edu.my	hazlina_abdkadir@msu.edu.my	PROPN
easat-9326	5	19	(	(	PUNCT
easat-9326	5	20	h.a.k	h.a.k	NOUN
easat-9326	5	21	.	.	PUNCT
easat-9326	5	22	)	)	PUNCT
easat-9326	6	1	abstract	abstract	NOUN
easat-9326	6	2	:	:	PUNCT
easat-9326	6	3	this	this	DET
easat-9326	6	4	study	study	NOUN
easat-9326	6	5	aims	aim	VERB
easat-9326	6	6	to	to	PART
easat-9326	6	7	investigate	investigate	VERB
easat-9326	6	8	the	the	DET
easat-9326	6	9	impact	impact	NOUN
easat-9326	6	10	of	of	ADP
easat-9326	6	11	corporate	corporate	ADJ
easat-9326	6	12	environmental	environmental	ADJ
easat-9326	6	13	,	,	PUNCT
easat-9326	6	14	social	social	ADJ
easat-9326	6	15	and	and	CCONJ
easat-9326	6	16	governance	governance	NOUN
easat-9326	6	17	(	(	PUNCT
easat-9326	6	18	esg	esg	NOUN
easat-9326	6	19	)	)	PUNCT
easat-9326	6	20	performance	performance	NOUN
easat-9326	6	21	on	on	ADP
easat-9326	6	22	financial	financial	ADJ
easat-9326	6	23	performance	performance	NOUN
easat-9326	6	24	(	(	PUNCT
easat-9326	6	25	measured	measure	VERB
easat-9326	6	26	by	by	ADP
easat-9326	6	27	roa	roa	NOUN
easat-9326	6	28	of	of	ADP
easat-9326	6	29	return	return	NOUN
easat-9326	6	30	on	on	ADP
easat-9326	6	31	total	total	ADJ
easat-9326	6	32	assets	asset	NOUN
easat-9326	6	33	)	)	PUNCT
easat-9326	6	34	and	and	CCONJ
easat-9326	6	35	to	to	PART
easat-9326	6	36	examine	examine	VERB
easat-9326	6	37	the	the	DET
easat-9326	6	38	mediating	mediate	VERB
easat-9326	6	39	role	role	NOUN
easat-9326	6	40	of	of	ADP
easat-9326	6	41	green	green	ADJ
easat-9326	6	42	innovation	innovation	NOUN
easat-9326	6	43	(	(	PUNCT
easat-9326	6	44	measured	measure	VERB
easat-9326	6	45	by	by	ADP
easat-9326	6	46	the	the	DET
easat-9326	6	47	number	number	NOUN
easat-9326	6	48	of	of	ADP
easat-9326	6	49	green	green	ADJ
easat-9326	6	50	patent	patent	NOUN
easat-9326	6	51	applications	application	NOUN
easat-9326	6	52	)	)	PUNCT
easat-9326	6	53	.	.	PUNCT
easat-9326	7	1	this	this	DET
easat-9326	7	2	paper	paper	NOUN
easat-9326	7	3	constructs	construct	VERB
easat-9326	7	4	a	a	DET
easat-9326	7	5	research	research	NOUN
easat-9326	7	6	framework	framework	NOUN
easat-9326	7	7	based	base	VERB
easat-9326	7	8	on	on	ADP
easat-9326	7	9	stakeholder	stakeholder	NOUN
easat-9326	7	10	theory	theory	NOUN
easat-9326	7	11	and	and	CCONJ
easat-9326	7	12	sustainable	sustainable	ADJ
easat-9326	7	13	development	development	NOUN
easat-9326	7	14	theory	theory	NOUN
easat-9326	7	15	,	,	PUNCT
easat-9326	7	16	selects	select	VERB
easat-9326	7	17	chinese	chinese	ADJ
easat-9326	7	18	a	a	PROPN
easat-9326	7	19	-	-	PUNCT
easat-9326	7	20	share	share	NOUN
easat-9326	7	21	listed	list	VERB
easat-9326	7	22	companies	company	NOUN
easat-9326	7	23	as	as	ADP
easat-9326	7	24	samples	sample	NOUN
easat-9326	7	25	,	,	PUNCT
easat-9326	7	26	and	and	CCONJ
easat-9326	7	27	constructs	construct	VERB
easat-9326	7	28	a	a	DET
easat-9326	7	29	panel	panel	NOUN
easat-9326	7	30	regression	regression	NOUN
easat-9326	7	31	model	model	NOUN
easat-9326	7	32	for	for	ADP
easat-9326	7	33	empirical	empirical	ADJ
easat-9326	7	34	analysis	analysis	NOUN
easat-9326	7	35	.	.	PUNCT
easat-9326	8	1	the	the	DET
easat-9326	8	2	results	result	NOUN
easat-9326	8	3	of	of	ADP
easat-9326	8	4	hypothesis	hypothesis	NOUN
easat-9326	8	5	testing	testing	NOUN
easat-9326	8	6	show	show	VERB
easat-9326	8	7	that	that	SCONJ
easat-9326	8	8	:	:	PUNCT
easat-9326	8	9	good	good	ADJ
easat-9326	8	10	esg	esg	PROPN
easat-9326	8	11	performance	performance	NOUN
easat-9326	8	12	significantly	significantly	ADV
easat-9326	8	13	enhances	enhance	VERB
easat-9326	8	14	corporate	corporate	ADJ
easat-9326	8	15	roa	roa	NOUN
easat-9326	8	16	;	;	PUNCT
easat-9326	8	17	corporate	corporate	ADJ
easat-9326	8	18	esg	esg	NOUN
easat-9326	8	19	performance	performance	NOUN
easat-9326	8	20	positively	positively	ADV
easat-9326	8	21	promotes	promote	VERB
easat-9326	8	22	green	green	ADJ
easat-9326	8	23	innovation	innovation	NOUN
easat-9326	8	24	;	;	PUNCT
easat-9326	8	25	green	green	ADJ
easat-9326	8	26	innovation	innovation	NOUN
easat-9326	8	27	positively	positively	ADV
easat-9326	8	28	affects	affect	VERB
easat-9326	8	29	roa	roa	PROPN
easat-9326	8	30	;	;	PUNCT
easat-9326	8	31	and	and	CCONJ
easat-9326	8	32	green	green	ADJ
easat-9326	8	33	innovation	innovation	NOUN
easat-9326	8	34	plays	play	VERB
easat-9326	8	35	a	a	DET
easat-9326	8	36	partial	partial	ADJ
easat-9326	8	37	mediating	mediating	NOUN
easat-9326	8	38	effect	effect	NOUN
easat-9326	8	39	between	between	ADP
easat-9326	8	40	esg	esg	PROPN
easat-9326	8	41	and	and	CCONJ
easat-9326	8	42	roa	roa	PROPN
easat-9326	8	43	.	.	PUNCT
easat-9326	9	1	the	the	DET
easat-9326	9	2	findings	finding	NOUN
easat-9326	9	3	suggest	suggest	VERB
easat-9326	9	4	that	that	SCONJ
easat-9326	9	5	corporate	corporate	ADJ
easat-9326	9	6	fulfilment	fulfilment	NOUN
easat-9326	9	7	of	of	ADP
easat-9326	9	8	esg	esg	NOUN
easat-9326	9	9	responsibilities	responsibility	NOUN
easat-9326	9	10	can	can	AUX
easat-9326	9	11	enhance	enhance	VERB
easat-9326	9	12	economic	economic	ADJ
easat-9326	9	13	efficiency	efficiency	NOUN
easat-9326	9	14	by	by	ADP
easat-9326	9	15	promoting	promote	VERB
easat-9326	9	16	green	green	ADJ
easat-9326	9	17	innovation	innovation	NOUN
easat-9326	9	18	,	,	PUNCT
easat-9326	9	19	confirming	confirm	VERB
easat-9326	9	20	the	the	DET
easat-9326	9	21	expectations	expectation	NOUN
easat-9326	9	22	of	of	ADP
easat-9326	9	23	sustainable	sustainable	ADJ
easat-9326	9	24	development	development	NOUN
easat-9326	9	25	and	and	CCONJ
easat-9326	9	26	stakeholder	stakeholder	NOUN
easat-9326	9	27	theory	theory	NOUN
easat-9326	9	28	,	,	PUNCT
easat-9326	9	29	and	and	CCONJ
easat-9326	9	30	providing	provide	VERB
easat-9326	9	31	empirical	empirical	ADJ
easat-9326	9	32	evidence	evidence	NOUN
easat-9326	9	33	for	for	ADP
easat-9326	9	34	corporate	corporate	ADJ
easat-9326	9	35	sustainability	sustainability	NOUN
easat-9326	9	36	strategies	strategy	NOUN
easat-9326	9	37	and	and	CCONJ
easat-9326	9	38	government	government	NOUN
easat-9326	9	39	green	green	ADJ
easat-9326	9	40	policies	policy	NOUN
easat-9326	9	41	.	.	PUNCT
easat-9326	10	1	keywords	keyword	NOUN
easat-9326	10	2	:	:	PUNCT
easat-9326	10	3	esg	esg	NOUN
easat-9326	10	4	,	,	PUNCT
easat-9326	10	5	firm	firm	ADJ
easat-9326	10	6	performance	performance	NOUN
easat-9326	10	7	,	,	PUNCT
easat-9326	10	8	green	green	ADJ
easat-9326	10	9	innovation	innovation	NOUN
easat-9326	10	10	,	,	PUNCT
easat-9326	10	11	mediation	mediation	NOUN
easat-9326	10	12	effect	effect	NOUN
easat-9326	10	13	,	,	PUNCT
easat-9326	10	14	return	return	VERB
easat-9326	10	15	on	on	ADP
easat-9326	10	16	assets	asset	NOUN
easat-9326	10	17	(	(	PUNCT
easat-9326	10	18	roa	roa	PROPN
easat-9326	10	19	)	)	PUNCT
easat-9326	10	20	.	.	PUNCT
easat-9326	11	1	1	1	X
easat-9326	11	2	.	.	X
easat-9326	11	3	introduction	introduction	NOUN
easat-9326	11	4	as	as	ADP
easat-9326	11	5	global	global	ADJ
easat-9326	11	6	climate	climate	NOUN
easat-9326	11	7	change	change	NOUN
easat-9326	11	8	and	and	CCONJ
easat-9326	11	9	resource	resource	NOUN
easat-9326	11	10	and	and	CCONJ
easat-9326	11	11	environmental	environmental	ADJ
easat-9326	11	12	issues	issue	NOUN
easat-9326	11	13	are	be	AUX
easat-9326	11	14	becoming	become	VERB
easat-9326	11	15	more	more	ADV
easat-9326	11	16	and	and	CCONJ
easat-9326	11	17	more	more	ADV
easat-9326	11	18	prominent	prominent	ADJ
easat-9326	11	19	,	,	PUNCT
easat-9326	11	20	the	the	DET
easat-9326	11	21	national	national	ADJ
easat-9326	11	22	strategy	strategy	NOUN
easat-9326	11	23	represented	represent	VERB
easat-9326	11	24	by	by	ADP
easat-9326	11	25	‘	'	PUNCT
easat-9326	11	26	carbon	carbon	NOUN
easat-9326	11	27	peak	peak	NOUN
easat-9326	11	28	and	and	CCONJ
easat-9326	11	29	carbon	carbon	NOUN
easat-9326	11	30	neutral	neutral	NOUN
easat-9326	11	31	’	'	PUNCT
easat-9326	11	32	has	have	AUX
easat-9326	11	33	put	put	VERB
easat-9326	11	34	forward	forward	ADV
easat-9326	11	35	higher	high	ADJ
easat-9326	11	36	requirements	requirement	NOUN
easat-9326	11	37	for	for	ADP
easat-9326	11	38	the	the	DET
easat-9326	11	39	sustainable	sustainable	ADJ
easat-9326	11	40	development	development	NOUN
easat-9326	11	41	of	of	ADP
easat-9326	11	42	enterprises	enterprise	NOUN
easat-9326	11	43	[	[	X
easat-9326	11	44	1	1	NUM
easat-9326	11	45	]	]	PUNCT
easat-9326	11	46	.	.	PUNCT
easat-9326	12	1	in	in	ADP
easat-9326	12	2	the	the	DET
easat-9326	12	3	context	context	NOUN
easat-9326	12	4	of	of	ADP
easat-9326	12	5	high	high	ADJ
easat-9326	12	6	-	-	PUNCT
easat-9326	12	7	quality	quality	NOUN
easat-9326	12	8	development	development	NOUN
easat-9326	12	9	,	,	PUNCT
easat-9326	12	10	corporate	corporate	ADJ
easat-9326	12	11	evaluation	evaluation	NOUN
easat-9326	12	12	indicators	indicator	NOUN
easat-9326	12	13	have	have	AUX
easat-9326	12	14	gradually	gradually	ADV
easat-9326	12	15	expanded	expand	VERB
easat-9326	12	16	from	from	ADP
easat-9326	12	17	single	single	ADJ
easat-9326	12	18	financial	financial	ADJ
easat-9326	12	19	indicators	indicator	NOUN
easat-9326	12	20	to	to	ADP
easat-9326	12	21	comprehensive	comprehensive	ADJ
easat-9326	12	22	indicators	indicator	NOUN
easat-9326	12	23	that	that	PRON
easat-9326	12	24	take	take	VERB
easat-9326	12	25	into	into	ADP
easat-9326	12	26	account	account	NOUN
easat-9326	12	27	environmental	environmental	ADJ
easat-9326	12	28	and	and	CCONJ
easat-9326	12	29	social	social	ADJ
easat-9326	12	30	responsibility	responsibility	NOUN
easat-9326	12	31	.	.	PUNCT
easat-9326	13	1	scholars	scholar	NOUN
easat-9326	13	2	at	at	ADP
easat-9326	13	3	home	home	ADV
easat-9326	13	4	and	and	CCONJ
easat-9326	13	5	abroad	abroad	ADV
easat-9326	13	6	have	have	AUX
easat-9326	13	7	found	find	VERB
easat-9326	13	8	that	that	SCONJ
easat-9326	13	9	more	more	ADJ
easat-9326	13	10	and	and	CCONJ
easat-9326	13	11	more	more	ADV
easat-9326	13	12	listed	list	VERB
easat-9326	13	13	companies	company	NOUN
easat-9326	13	14	have	have	AUX
easat-9326	13	15	taken	take	VERB
easat-9326	13	16	the	the	DET
easat-9326	13	17	initiative	initiative	NOUN
easat-9326	13	18	to	to	PART
easat-9326	13	19	disclose	disclose	VERB
easat-9326	13	20	esg	esg	PROPN
easat-9326	13	21	information	information	NOUN
easat-9326	13	22	,	,	PUNCT
easat-9326	13	23	and	and	CCONJ
easat-9326	13	24	more	more	ADJ
easat-9326	13	25	than	than	ADP
easat-9326	13	26	a	a	DET
easat-9326	13	27	thousand	thousand	NUM
easat-9326	13	28	companies	company	NOUN
easat-9326	13	29	have	have	AUX
easat-9326	13	30	published	publish	VERB
easat-9326	13	31	esg	esg	PROPN
easat-9326	13	32	reports	report	NOUN
easat-9326	13	33	in	in	ADP
easat-9326	13	34	china	china	PROPN
easat-9326	14	1	[	[	X
easat-9326	14	2	2	2	NUM
easat-9326	14	3	]	]	PUNCT
easat-9326	14	4	.	.	PUNCT
easat-9326	15	1	excellent	excellent	ADJ
easat-9326	15	2	esg	esg	PROPN
easat-9326	15	3	performance	performance	NOUN
easat-9326	15	4	is	be	AUX
easat-9326	15	5	regarded	regard	VERB
easat-9326	15	6	as	as	ADP
easat-9326	15	7	a	a	DET
easat-9326	15	8	symbol	symbol	NOUN
easat-9326	15	9	of	of	ADP
easat-9326	15	10	responsible	responsible	ADJ
easat-9326	15	11	management	management	NOUN
easat-9326	15	12	and	and	CCONJ
easat-9326	15	13	low	low	ADJ
easat-9326	15	14	-	-	PUNCT
easat-9326	15	15	risk	risk	NOUN
easat-9326	15	16	characteristics	characteristic	NOUN
easat-9326	15	17	,	,	PUNCT
easat-9326	15	18	which	which	PRON
easat-9326	15	19	usually	usually	ADV
easat-9326	15	20	enhances	enhance	VERB
easat-9326	15	21	stakeholders	stakeholder	NOUN
easat-9326	15	22	'	'	PART
easat-9326	15	23	trust	trust	NOUN
easat-9326	15	24	and	and	CCONJ
easat-9326	15	25	reduces	reduce	VERB
easat-9326	15	26	financing	financing	NOUN
easat-9326	15	27	costs	cost	NOUN
easat-9326	15	28	,	,	PUNCT
easat-9326	15	29	thus	thus	ADV
easat-9326	15	30	contributing	contribute	VERB
easat-9326	15	31	to	to	ADP
easat-9326	15	32	the	the	DET
easat-9326	15	33	enhancement	enhancement	NOUN
easat-9326	15	34	of	of	ADP
easat-9326	15	35	corporate	corporate	ADJ
easat-9326	15	36	value	value	NOUN
easat-9326	15	37	and	and	CCONJ
easat-9326	15	38	financial	financial	ADJ
easat-9326	15	39	performance	performance	NOUN
easat-9326	15	40	[	[	X
easat-9326	15	41	3	3	NUM
easat-9326	15	42	]	]	PUNCT
easat-9326	15	43	.	.	PUNCT
easat-9326	16	1	for	for	ADP
easat-9326	16	2	example	example	NOUN
easat-9326	16	3	,	,	PUNCT
easat-9326	16	4	tian	tian	ADJ
easat-9326	16	5	and	and	CCONJ
easat-9326	16	6	dong	dong	NOUN
easat-9326	17	1	[	[	X
easat-9326	17	2	4	4	X
easat-9326	17	3	]	]	PUNCT
easat-9326	17	4	empirically	empirically	ADV
easat-9326	17	5	find	find	VERB
easat-9326	17	6	that	that	SCONJ
easat-9326	17	7	the	the	DET
easat-9326	17	8	implementation	implementation	NOUN
easat-9326	17	9	of	of	ADP
easat-9326	17	10	esg	esg	PROPN
easat-9326	17	11	can	can	AUX
easat-9326	17	12	enhance	enhance	VERB
easat-9326	17	13	corporate	corporate	ADJ
easat-9326	17	14	financial	financial	ADJ
easat-9326	17	15	performance	performance	NOUN
easat-9326	17	16	by	by	ADP
easat-9326	17	17	alleviating	alleviate	VERB
easat-9326	17	18	financing	financing	NOUN
easat-9326	17	19	constraints	constraint	NOUN
easat-9326	17	20	in	in	ADP
easat-9326	17	21	a	a	DET
easat-9326	17	22	sample	sample	NOUN
easat-9326	17	23	of	of	ADP
easat-9326	17	24	non	non	ADJ
easat-9326	17	25	-	-	ADJ
easat-9326	17	26	state	state	NOUN
easat-9326	17	27	-	-	PUNCT
easat-9326	17	28	owned	own	VERB
easat-9326	17	29	enterprises	enterprise	NOUN
easat-9326	17	30	in	in	ADP
easat-9326	17	31	china	china	PROPN
easat-9326	17	32	xu	xu	PROPN
easat-9326	17	33	and	and	CCONJ
easat-9326	17	34	zhu	zhu	X
easat-9326	18	1	[	[	X
easat-9326	18	2	5	5	NUM
easat-9326	18	3	]	]	PUNCT
easat-9326	18	4	.	.	PUNCT
easat-9326	19	1	ren	ren	PROPN
easat-9326	20	1	[	[	X
easat-9326	20	2	6	6	NUM
easat-9326	20	3	]	]	PUNCT
easat-9326	20	4	also	also	ADV
easat-9326	20	5	shows	show	VERB
easat-9326	20	6	that	that	SCONJ
easat-9326	20	7	the	the	DET
easat-9326	20	8	environmental	environmental	ADJ
easat-9326	20	9	and	and	CCONJ
easat-9326	20	10	governance	governance	NOUN
easat-9326	20	11	dimensions	dimension	NOUN
easat-9326	20	12	of	of	ADP
easat-9326	20	13	firms	firm	NOUN
easat-9326	20	14	have	have	VERB
easat-9326	20	15	a	a	DET
easat-9326	20	16	significant	significant	ADJ
easat-9326	20	17	positive	positive	ADJ
easat-9326	20	18	impact	impact	NOUN
easat-9326	20	19	on	on	ADP
easat-9326	20	20	firm	firm	ADJ
easat-9326	20	21	value	value	NOUN
easat-9326	20	22	in	in	ADP
easat-9326	20	23	the	the	DET
easat-9326	20	24	context	context	NOUN
easat-9326	20	25	of	of	ADP
easat-9326	20	26	‘	'	PUNCT
easat-9326	20	27	dual	dual	ADJ
easat-9326	20	28	-	-	PUNCT
easat-9326	20	29	carbon	carbon	NOUN
easat-9326	20	30	’	'	PUNCT
easat-9326	20	31	,	,	PUNCT
easat-9326	20	32	and	and	CCONJ
easat-9326	20	33	that	that	SCONJ
easat-9326	20	34	green	green	ADJ
easat-9326	20	35	innovation	innovation	NOUN
easat-9326	20	36	itself	itself	PRON
easat-9326	20	37	has	have	VERB
easat-9326	20	38	a	a	DET
easat-9326	20	39	positive	positive	ADJ
easat-9326	20	40	effect	effect	NOUN
easat-9326	20	41	on	on	ADP
easat-9326	20	42	firm	firm	ADJ
easat-9326	20	43	value	value	NOUN
easat-9326	20	44	[	[	X
easat-9326	20	45	7	7	NUM
easat-9326	20	46	]	]	PUNCT
easat-9326	20	47	.	.	PUNCT
easat-9326	21	1	however	however	ADV
easat-9326	21	2	,	,	PUNCT
easat-9326	21	3	there	there	PRON
easat-9326	21	4	are	be	VERB
easat-9326	21	5	also	also	ADV
easat-9326	21	6	theories	theory	NOUN
easat-9326	21	7	that	that	SCONJ
easat-9326	21	8	esg	esg	PROPN
easat-9326	21	9	investments	investment	NOUN
easat-9326	21	10	may	may	AUX
easat-9326	21	11	initially	initially	ADV
easat-9326	21	12	increase	increase	VERB
easat-9326	21	13	costs	cost	NOUN
easat-9326	21	14	and	and	CCONJ
easat-9326	21	15	contribute	contribute	VERB
easat-9326	21	16	to	to	ADP
easat-9326	21	17	performance	performance	NOUN
easat-9326	21	18	improvement	improvement	NOUN
easat-9326	21	19	with	with	ADP
easat-9326	21	20	a	a	DET
easat-9326	21	21	lag	lag	NOUN
easat-9326	21	22	or	or	CCONJ
easat-9326	21	23	uncertainty	uncertainty	NOUN
easat-9326	21	24	.	.	PUNCT
easat-9326	22	1	different	different	ADJ
easat-9326	22	2	studies	study	NOUN
easat-9326	22	3	have	have	AUX
easat-9326	22	4	not	not	PART
easat-9326	22	5	yet	yet	ADV
easat-9326	22	6	agreed	agree	VERB
easat-9326	22	7	on	on	ADP
easat-9326	22	8	the	the	DET
easat-9326	22	9	relationship	relationship	NOUN
easat-9326	22	10	between	between	ADP
easat-9326	22	11	esg	esg	PROPN
easat-9326	22	12	and	and	CCONJ
easat-9326	22	13	performance	performance	NOUN
easat-9326	22	14	,	,	PUNCT
easat-9326	22	15	which	which	PRON
easat-9326	22	16	provides	provide	VERB
easat-9326	22	17	room	room	NOUN
easat-9326	22	18	for	for	ADP
easat-9326	22	19	exploration	exploration	NOUN
easat-9326	22	20	in	in	ADP
easat-9326	22	21	this	this	DET
easat-9326	22	22	study	study	NOUN
easat-9326	22	23	.	.	PUNCT
easat-9326	23	1	on	on	ADP
easat-9326	23	2	the	the	DET
easat-9326	23	3	other	other	ADJ
easat-9326	23	4	hand	hand	NOUN
easat-9326	23	5	,	,	PUNCT
easat-9326	23	6	green	green	ADJ
easat-9326	23	7	innovation	innovation	NOUN
easat-9326	23	8	is	be	AUX
easat-9326	23	9	considered	consider	VERB
easat-9326	23	10	to	to	PART
easat-9326	23	11	be	be	AUX
easat-9326	23	12	an	an	DET
easat-9326	23	13	important	important	ADJ
easat-9326	23	14	way	way	NOUN
easat-9326	23	15	to	to	PART
easat-9326	23	16	achieve	achieve	VERB
easat-9326	23	17	low	low	ADJ
easat-9326	23	18	-	-	PUNCT
easat-9326	23	19	carbon	carbon	NOUN
easat-9326	23	20	transition	transition	NOUN
easat-9326	23	21	and	and	CCONJ
easat-9326	23	22	enhance	enhance	VERB
easat-9326	23	23	competitiveness	competitiveness	NOUN
easat-9326	23	24	.	.	PUNCT
easat-9326	24	1	green	green	ADJ
easat-9326	24	2	innovation	innovation	NOUN
easat-9326	24	3	refers	refer	VERB
easat-9326	24	4	to	to	ADP
easat-9326	24	5	enterprises	enterprise	NOUN
easat-9326	24	6	'	'	PART
easat-9326	24	7	ability	ability	NOUN
easat-9326	24	8	to	to	PART
easat-9326	24	9	reduce	reduce	VERB
easat-9326	24	10	resource	resource	NOUN
easat-9326	24	11	consumption	consumption	NOUN
easat-9326	24	12	and	and	CCONJ
easat-9326	24	13	environmental	environmental	ADJ
easat-9326	24	14	pollution	pollution	NOUN
easat-9326	24	15	while	while	SCONJ
easat-9326	24	16	improving	improve	VERB
easat-9326	24	17	economic	economic	ADJ
easat-9326	24	18	efficiency	efficiency	NOUN
easat-9326	24	19	494	494	NUM
easat-9326	24	20	edelweiss	edelweiss	PROPN
easat-9326	24	21	applied	apply	VERB
easat-9326	24	22	science	science	NOUN
easat-9326	24	23	and	and	CCONJ
easat-9326	24	24	technology	technology	NOUN
easat-9326	24	25	issn	issn	PROPN
easat-9326	24	26	:	:	PUNCT
easat-9326	24	27	2576	2576	NUM
easat-9326	24	28	-	-	SYM
easat-9326	24	29	8484	8484	NUM
easat-9326	24	30	vol	vol	NOUN
easat-9326	24	31	.	.	PROPN
easat-9326	25	1	9	9	NUM
easat-9326	25	2	,	,	PUNCT
easat-9326	25	3	no	no	INTJ
easat-9326	25	4	.	.	NOUN
easat-9326	25	5	8	8	NUM
easat-9326	25	6	:	:	PUNCT
easat-9326	25	7	493	493	NUM
easat-9326	25	8	-	-	SYM
easat-9326	25	9	504	504	NUM
easat-9326	25	10	,	,	PUNCT
easat-9326	25	11	2025	2025	NUM
easat-9326	25	12	doi	doi	NOUN
easat-9326	25	13	:	:	PUNCT
easat-9326	25	14	10.55214/2576	10.55214/2576	NUM
easat-9326	25	15	-	-	SYM
easat-9326	25	16	8484.v9i8.9326	8484.v9i8.9326	NUM
easat-9326	25	17	©	©	PROPN
easat-9326	25	18	2025	2025	NUM
easat-9326	25	19	by	by	ADP
easat-9326	25	20	the	the	DET
easat-9326	25	21	authors	author	NOUN
easat-9326	25	22	;	;	PUNCT
easat-9326	25	23	licensee	licensee	PROPN
easat-9326	25	24	learning	learning	NOUN
easat-9326	25	25	gate	gate	NOUN
easat-9326	25	26	through	through	ADP
easat-9326	25	27	the	the	DET
easat-9326	25	28	development	development	NOUN
easat-9326	25	29	and	and	CCONJ
easat-9326	25	30	application	application	NOUN
easat-9326	25	31	of	of	ADP
easat-9326	25	32	environmentally	environmentally	ADV
easat-9326	25	33	friendly	friendly	ADJ
easat-9326	25	34	technologies	technology	NOUN
easat-9326	25	35	,	,	PUNCT
easat-9326	25	36	products	product	NOUN
easat-9326	25	37	and	and	CCONJ
easat-9326	25	38	services	service	NOUN
easat-9326	25	39	.	.	PUNCT
easat-9326	26	1	it	it	PRON
easat-9326	26	2	has	have	AUX
easat-9326	26	3	been	be	AUX
easat-9326	26	4	pointed	point	VERB
easat-9326	26	5	out	out	ADP
easat-9326	26	6	that	that	SCONJ
easat-9326	26	7	excellent	excellent	ADJ
easat-9326	26	8	green	green	ADJ
easat-9326	26	9	innovation	innovation	NOUN
easat-9326	26	10	capability	capability	NOUN
easat-9326	26	11	not	not	PART
easat-9326	26	12	only	only	ADV
easat-9326	26	13	helps	helps	AUX
easat-9326	26	14	reduce	reduce	VERB
easat-9326	26	15	production	production	NOUN
easat-9326	26	16	costs	cost	NOUN
easat-9326	26	17	and	and	CCONJ
easat-9326	26	18	environmental	environmental	ADJ
easat-9326	26	19	risks	risk	NOUN
easat-9326	26	20	,	,	PUNCT
easat-9326	26	21	but	but	CCONJ
easat-9326	26	22	also	also	ADV
easat-9326	26	23	enhances	enhance	VERB
easat-9326	26	24	corporate	corporate	ADJ
easat-9326	26	25	brand	brand	NOUN
easat-9326	26	26	image	image	NOUN
easat-9326	26	27	and	and	CCONJ
easat-9326	26	28	market	market	NOUN
easat-9326	26	29	position	position	NOUN
easat-9326	26	30	.	.	PUNCT
easat-9326	27	1	in	in	ADP
easat-9326	27	2	addition	addition	NOUN
easat-9326	27	3	,	,	PUNCT
easat-9326	27	4	green	green	ADJ
easat-9326	27	5	innovation	innovation	NOUN
easat-9326	27	6	is	be	AUX
easat-9326	27	7	in	in	ADP
easat-9326	27	8	line	line	NOUN
easat-9326	27	9	with	with	ADP
easat-9326	27	10	the	the	DET
easat-9326	27	11	sustainable	sustainable	ADJ
easat-9326	27	12	development	development	NOUN
easat-9326	27	13	strategy	strategy	NOUN
easat-9326	27	14	and	and	CCONJ
easat-9326	27	15	helps	help	VERB
easat-9326	27	16	enterprises	enterprise	NOUN
easat-9326	27	17	achieve	achieve	VERB
easat-9326	27	18	synergistic	synergistic	ADJ
easat-9326	27	19	enhancement	enhancement	NOUN
easat-9326	27	20	of	of	ADP
easat-9326	27	21	economic	economic	ADJ
easat-9326	27	22	,	,	PUNCT
easat-9326	27	23	social	social	ADJ
easat-9326	27	24	and	and	CCONJ
easat-9326	27	25	environmental	environmental	ADJ
easat-9326	27	26	benefits	benefit	NOUN
easat-9326	27	27	.	.	PUNCT
easat-9326	28	1	based	base	VERB
easat-9326	28	2	on	on	ADP
easat-9326	28	3	this	this	PRON
easat-9326	28	4	,	,	PUNCT
easat-9326	28	5	it	it	PRON
easat-9326	28	6	is	be	AUX
easat-9326	28	7	of	of	ADP
easat-9326	28	8	great	great	ADJ
easat-9326	28	9	theoretical	theoretical	ADJ
easat-9326	28	10	and	and	CCONJ
easat-9326	28	11	practical	practical	ADJ
easat-9326	28	12	significance	significance	NOUN
easat-9326	28	13	to	to	PART
easat-9326	28	14	explore	explore	VERB
easat-9326	28	15	how	how	SCONJ
easat-9326	28	16	esg	esg	PROPN
easat-9326	28	17	affects	affect	VERB
easat-9326	28	18	corporate	corporate	ADJ
easat-9326	28	19	performance	performance	NOUN
easat-9326	28	20	and	and	CCONJ
easat-9326	28	21	the	the	DET
easat-9326	28	22	mediating	mediate	VERB
easat-9326	28	23	role	role	NOUN
easat-9326	28	24	of	of	ADP
easat-9326	28	25	green	green	ADJ
easat-9326	28	26	innovation	innovation	NOUN
easat-9326	28	27	.	.	PUNCT
easat-9326	29	1	on	on	ADP
easat-9326	29	2	the	the	DET
easat-9326	29	3	one	one	NUM
easat-9326	29	4	hand	hand	NOUN
easat-9326	29	5	,	,	PUNCT
easat-9326	29	6	it	it	PRON
easat-9326	29	7	helps	helps	AUX
easat-9326	29	8	clarify	clarify	VERB
easat-9326	29	9	the	the	DET
easat-9326	29	10	mechanism	mechanism	NOUN
easat-9326	29	11	of	of	ADP
easat-9326	29	12	esg	esg	PROPN
easat-9326	29	13	practices	practice	NOUN
easat-9326	29	14	on	on	ADP
easat-9326	29	15	firms	firm	NOUN
easat-9326	29	16	'	'	PART
easat-9326	29	17	economic	economic	ADJ
easat-9326	29	18	outcomes	outcome	NOUN
easat-9326	29	19	;	;	PUNCT
easat-9326	29	20	on	on	ADP
easat-9326	29	21	the	the	DET
easat-9326	29	22	other	other	ADJ
easat-9326	29	23	hand	hand	NOUN
easat-9326	29	24	,	,	PUNCT
easat-9326	29	25	at	at	ADP
easat-9326	29	26	the	the	DET
easat-9326	29	27	policy	policy	NOUN
easat-9326	29	28	level	level	NOUN
easat-9326	29	29	,	,	PUNCT
easat-9326	29	30	it	it	PRON
easat-9326	29	31	can	can	AUX
easat-9326	29	32	provide	provide	VERB
easat-9326	29	33	a	a	DET
easat-9326	29	34	basis	basis	NOUN
easat-9326	29	35	for	for	SCONJ
easat-9326	29	36	the	the	DET
easat-9326	29	37	government	government	NOUN
easat-9326	29	38	to	to	PART
easat-9326	29	39	formulate	formulate	VERB
easat-9326	29	40	incentives	incentive	NOUN
easat-9326	29	41	to	to	PART
easat-9326	29	42	promote	promote	VERB
easat-9326	29	43	green	green	ADJ
easat-9326	29	44	development	development	NOUN
easat-9326	29	45	of	of	ADP
easat-9326	29	46	firms	firm	NOUN
easat-9326	29	47	.	.	PUNCT
easat-9326	30	1	in	in	ADP
easat-9326	30	2	summary	summary	NOUN
easat-9326	30	3	,	,	PUNCT
easat-9326	30	4	this	this	DET
easat-9326	30	5	study	study	NOUN
easat-9326	30	6	constructs	construct	VERB
easat-9326	30	7	an	an	DET
easat-9326	30	8	esg	esg	NOUN
easat-9326	30	9	-	-	PUNCT
easat-9326	30	10	performance	performance	NOUN
easat-9326	30	11	impact	impact	NOUN
easat-9326	30	12	framework	framework	NOUN
easat-9326	30	13	from	from	ADP
easat-9326	30	14	stakeholder	stakeholder	NOUN
easat-9326	30	15	theory	theory	NOUN
easat-9326	30	16	and	and	CCONJ
easat-9326	30	17	sustainable	sustainable	ADJ
easat-9326	30	18	development	development	NOUN
easat-9326	30	19	theory	theory	NOUN
easat-9326	30	20	,	,	PUNCT
easat-9326	30	21	and	and	CCONJ
easat-9326	30	22	introduces	introduce	VERB
easat-9326	30	23	green	green	ADJ
easat-9326	30	24	innovation	innovation	NOUN
easat-9326	30	25	as	as	ADP
easat-9326	30	26	a	a	DET
easat-9326	30	27	mediating	mediate	VERB
easat-9326	30	28	variable	variable	NOUN
easat-9326	30	29	.	.	PUNCT
easat-9326	31	1	through	through	ADP
easat-9326	31	2	empirical	empirical	ADJ
easat-9326	31	3	analyses	analysis	NOUN
easat-9326	31	4	of	of	ADP
easat-9326	31	5	chinese	chinese	ADJ
easat-9326	31	6	listed	list	VERB
easat-9326	31	7	companies	company	NOUN
easat-9326	31	8	,	,	PUNCT
easat-9326	31	9	it	it	PRON
easat-9326	31	10	reveals	reveal	VERB
easat-9326	31	11	in	in	ADP
easat-9326	31	12	-	-	PUNCT
easat-9326	31	13	depth	depth	NOUN
easat-9326	31	14	the	the	DET
easat-9326	31	15	path	path	NOUN
easat-9326	31	16	of	of	ADP
easat-9326	31	17	esg	esg	PROPN
easat-9326	31	18	performance	performance	NOUN
easat-9326	31	19	influence	influence	NOUN
easat-9326	31	20	on	on	ADP
easat-9326	31	21	firm	firm	ADJ
easat-9326	31	22	performance	performance	NOUN
easat-9326	31	23	.	.	PUNCT
easat-9326	32	1	(	(	PUNCT
easat-9326	32	2	3	3	X
easat-9326	32	3	)	)	PUNCT
easat-9326	32	4	to	to	PART
easat-9326	32	5	provide	provide	VERB
easat-9326	32	6	reference	reference	NOUN
easat-9326	32	7	for	for	ADP
easat-9326	32	8	corporate	corporate	ADJ
easat-9326	32	9	executives	executive	NOUN
easat-9326	32	10	and	and	CCONJ
easat-9326	32	11	policy	policy	NOUN
easat-9326	32	12	makers	maker	NOUN
easat-9326	32	13	from	from	ADP
easat-9326	32	14	both	both	CCONJ
easat-9326	32	15	theoretical	theoretical	ADJ
easat-9326	32	16	and	and	CCONJ
easat-9326	32	17	practical	practical	ADJ
easat-9326	32	18	perspectives	perspective	NOUN
easat-9326	32	19	,	,	PUNCT
easat-9326	32	20	to	to	PART
easat-9326	32	21	emphasise	emphasise	VERB
easat-9326	32	22	the	the	DET
easat-9326	32	23	importance	importance	NOUN
easat-9326	32	24	of	of	ADP
easat-9326	32	25	green	green	ADJ
easat-9326	32	26	innovation	innovation	NOUN
easat-9326	32	27	in	in	ADP
easat-9326	32	28	corporate	corporate	ADJ
easat-9326	32	29	esg	esg	NOUN
easat-9326	32	30	strategies	strategy	NOUN
easat-9326	32	31	,	,	PUNCT
easat-9326	32	32	and	and	CCONJ
easat-9326	32	33	to	to	PART
easat-9326	32	34	promote	promote	VERB
easat-9326	32	35	the	the	DET
easat-9326	32	36	balance	balance	NOUN
easat-9326	32	37	between	between	ADP
easat-9326	32	38	economic	economic	ADJ
easat-9326	32	39	efficiency	efficiency	NOUN
easat-9326	32	40	and	and	CCONJ
easat-9326	32	41	environmental	environmental	ADJ
easat-9326	32	42	performance	performance	NOUN
easat-9326	32	43	.	.	PUNCT
easat-9326	33	1	2	2	X
easat-9326	33	2	.	.	X
easat-9326	33	3	literature	literature	NOUN
easat-9326	33	4	review	review	VERB
easat-9326	33	5	2.1	2.1	NUM
easat-9326	33	6	.	.	PUNCT
easat-9326	34	1	research	research	NOUN
easat-9326	34	2	progress	progress	NOUN
easat-9326	34	3	on	on	ADP
easat-9326	34	4	esg	esg	PROPN
easat-9326	34	5	and	and	CCONJ
easat-9326	34	6	firm	firm	ADJ
easat-9326	34	7	performance	performance	NOUN
easat-9326	34	8	a	a	DET
easat-9326	34	9	large	large	ADJ
easat-9326	34	10	number	number	NOUN
easat-9326	34	11	of	of	ADP
easat-9326	34	12	studies	study	NOUN
easat-9326	34	13	have	have	AUX
easat-9326	34	14	focussed	focusse	VERB
easat-9326	34	15	on	on	ADP
easat-9326	34	16	the	the	DET
easat-9326	34	17	relationship	relationship	NOUN
easat-9326	34	18	between	between	ADP
easat-9326	34	19	esg	esg	NOUN
easat-9326	34	20	performance	performance	NOUN
easat-9326	34	21	and	and	CCONJ
easat-9326	34	22	firm	firm	ADJ
easat-9326	34	23	performance	performance	NOUN
easat-9326	34	24	,	,	PUNCT
easat-9326	34	25	but	but	CCONJ
easat-9326	34	26	the	the	DET
easat-9326	34	27	conclusions	conclusion	NOUN
easat-9326	34	28	are	be	AUX
easat-9326	34	29	not	not	PART
easat-9326	34	30	yet	yet	ADV
easat-9326	34	31	uniform	uniform	ADJ
easat-9326	34	32	.	.	PUNCT
easat-9326	35	1	one	one	NUM
easat-9326	35	2	type	type	NOUN
easat-9326	35	3	of	of	ADP
easat-9326	35	4	research	research	NOUN
easat-9326	35	5	has	have	AUX
easat-9326	35	6	found	find	VERB
easat-9326	35	7	that	that	SCONJ
easat-9326	35	8	good	good	ADJ
easat-9326	35	9	esg	esg	PROPN
easat-9326	35	10	performance	performance	NOUN
easat-9326	35	11	significantly	significantly	ADV
easat-9326	35	12	enhances	enhance	VERB
easat-9326	35	13	corporate	corporate	ADJ
easat-9326	35	14	financial	financial	ADJ
easat-9326	35	15	performance	performance	NOUN
easat-9326	35	16	.	.	PUNCT
easat-9326	36	1	for	for	ADP
easat-9326	36	2	example	example	NOUN
easat-9326	36	3	,	,	PUNCT
easat-9326	36	4	researchers	researcher	NOUN
easat-9326	36	5	verified	verify	VERB
easat-9326	36	6	the	the	DET
easat-9326	36	7	role	role	NOUN
easat-9326	36	8	of	of	ADP
easat-9326	36	9	good	good	ADJ
easat-9326	36	10	esg	esg	PROPN
easat-9326	36	11	performance	performance	NOUN
easat-9326	36	12	in	in	ADP
easat-9326	36	13	improving	improve	VERB
easat-9326	36	14	firm	firm	ADJ
easat-9326	36	15	performance	performance	NOUN
easat-9326	36	16	by	by	ADP
easat-9326	36	17	alleviating	alleviate	VERB
easat-9326	36	18	financing	financing	NOUN
easat-9326	36	19	constraints	constraint	NOUN
easat-9326	36	20	through	through	ADP
easat-9326	36	21	multiple	multiple	ADJ
easat-9326	36	22	regression	regression	NOUN
easat-9326	36	23	using	use	VERB
easat-9326	36	24	a	a	DET
easat-9326	36	25	sample	sample	NOUN
easat-9326	36	26	of	of	ADP
easat-9326	36	27	chinese	chinese	ADJ
easat-9326	36	28	non	non	ADJ
easat-9326	36	29	-	-	ADJ
easat-9326	36	30	state	state	NOUN
easat-9326	36	31	-	-	PUNCT
easat-9326	36	32	owned	own	VERB
easat-9326	36	33	firms	firm	NOUN
easat-9326	36	34	li	li	PROPN
easat-9326	36	35	and	and	CCONJ
easat-9326	36	36	wang	wang	PROPN
easat-9326	37	1	[	[	X
easat-9326	37	2	7	7	NUM
easat-9326	37	3	]	]	PUNCT
easat-9326	37	4	.	.	PUNCT
easat-9326	38	1	ren	ren	NOUN
easat-9326	39	1	[	[	X
easat-9326	39	2	6	6	X
easat-9326	39	3	]	]	PUNCT
easat-9326	39	4	shows	show	VERB
easat-9326	39	5	that	that	SCONJ
easat-9326	39	6	good	good	ADJ
easat-9326	39	7	performance	performance	NOUN
easat-9326	39	8	in	in	ADP
easat-9326	39	9	corporate	corporate	ADJ
easat-9326	39	10	environmental	environmental	ADJ
easat-9326	39	11	dimensions	dimension	NOUN
easat-9326	39	12	has	have	VERB
easat-9326	39	13	a	a	DET
easat-9326	39	14	positive	positive	ADJ
easat-9326	39	15	effect	effect	NOUN
easat-9326	39	16	on	on	ADP
easat-9326	39	17	high	high	ADJ
easat-9326	39	18	-	-	PUNCT
easat-9326	39	19	level	level	NOUN
easat-9326	39	20	firm	firm	ADJ
easat-9326	39	21	value	value	NOUN
easat-9326	39	22	in	in	ADP
easat-9326	39	23	a	a	DET
easat-9326	39	24	dual	dual	ADJ
easat-9326	39	25	-	-	PUNCT
easat-9326	39	26	carbon	carbon	NOUN
easat-9326	39	27	context	context	NOUN
easat-9326	39	28	.	.	PUNCT
easat-9326	40	1	another	another	DET
easat-9326	40	2	literature	literature	NOUN
easat-9326	40	3	indicates	indicate	VERB
easat-9326	40	4	that	that	SCONJ
easat-9326	40	5	esg	esg	PROPN
easat-9326	40	6	scores	score	NOUN
easat-9326	40	7	are	be	AUX
easat-9326	40	8	significantly	significantly	ADV
easat-9326	40	9	and	and	CCONJ
easat-9326	40	10	positively	positively	ADV
easat-9326	40	11	related	relate	VERB
easat-9326	40	12	to	to	ADP
easat-9326	40	13	firm	firm	ADJ
easat-9326	40	14	roa	roa	NOUN
easat-9326	40	15	and	and	CCONJ
easat-9326	40	16	return	return	VERB
easat-9326	40	17	on	on	ADP
easat-9326	40	18	equity	equity	NOUN
easat-9326	40	19	[	[	X
easat-9326	40	20	8	8	NUM
easat-9326	40	21	]	]	PUNCT
easat-9326	40	22	.	.	PUNCT
easat-9326	41	1	overall	overall	ADJ
easat-9326	41	2	,	,	PUNCT
easat-9326	41	3	most	most	ADJ
easat-9326	41	4	scholars	scholar	NOUN
easat-9326	41	5	believe	believe	VERB
easat-9326	41	6	that	that	SCONJ
easat-9326	41	7	esg	esg	PROPN
easat-9326	41	8	and	and	CCONJ
easat-9326	41	9	firm	firm	ADJ
easat-9326	41	10	performance	performance	NOUN
easat-9326	41	11	are	be	AUX
easat-9326	41	12	positively	positively	ADV
easat-9326	41	13	correlated	correlate	VERB
easat-9326	41	14	.	.	PUNCT
easat-9326	42	1	however	however	ADV
easat-9326	42	2	,	,	PUNCT
easat-9326	42	3	some	some	DET
easat-9326	42	4	studies	study	NOUN
easat-9326	42	5	have	have	AUX
easat-9326	42	6	also	also	ADV
easat-9326	42	7	found	find	VERB
easat-9326	42	8	that	that	SCONJ
easat-9326	42	9	performance	performance	NOUN
easat-9326	42	10	improvement	improvement	NOUN
easat-9326	42	11	is	be	AUX
easat-9326	42	12	characterised	characterise	VERB
easat-9326	42	13	by	by	ADP
easat-9326	42	14	a	a	DET
easat-9326	42	15	certain	certain	ADJ
easat-9326	42	16	lag	lag	NOUN
easat-9326	42	17	or	or	CCONJ
easat-9326	42	18	non	non	ADJ
easat-9326	42	19	-	-	ADJ
easat-9326	42	20	linearity	linearity	ADJ
easat-9326	42	21	when	when	SCONJ
easat-9326	42	22	corporate	corporate	ADJ
easat-9326	42	23	costs	cost	NOUN
easat-9326	42	24	rise	rise	VERB
easat-9326	42	25	at	at	ADP
easat-9326	42	26	the	the	DET
easat-9326	42	27	beginning	beginning	NOUN
easat-9326	42	28	of	of	ADP
easat-9326	42	29	esg	esg	PROPN
easat-9326	42	30	investment	investment	NOUN
easat-9326	42	31	.	.	PUNCT
easat-9326	43	1	in	in	ADP
easat-9326	43	2	addition	addition	NOUN
easat-9326	43	3	,	,	PUNCT
easat-9326	43	4	the	the	DET
easat-9326	43	5	relationship	relationship	NOUN
easat-9326	43	6	between	between	ADP
easat-9326	43	7	esg	esg	PROPN
easat-9326	43	8	performance	performance	NOUN
easat-9326	43	9	and	and	CCONJ
easat-9326	43	10	firm	firm	ADJ
easat-9326	43	11	performance	performance	NOUN
easat-9326	43	12	may	may	AUX
easat-9326	43	13	also	also	ADV
easat-9326	43	14	vary	vary	VERB
easat-9326	43	15	across	across	ADP
easat-9326	43	16	different	different	ADJ
easat-9326	43	17	types	type	NOUN
easat-9326	43	18	of	of	ADP
easat-9326	43	19	enterprises	enterprise	NOUN
easat-9326	43	20	and	and	CCONJ
easat-9326	43	21	industries	industry	NOUN
easat-9326	43	22	[	[	X
easat-9326	43	23	9	9	NUM
easat-9326	43	24	]	]	PUNCT
easat-9326	43	25	.	.	PUNCT
easat-9326	44	1	this	this	DET
easat-9326	44	2	study	study	NOUN
easat-9326	44	3	will	will	AUX
easat-9326	44	4	complement	complement	VERB
easat-9326	44	5	and	and	CCONJ
easat-9326	44	6	extend	extend	VERB
easat-9326	44	7	these	these	DET
easat-9326	44	8	results	result	NOUN
easat-9326	44	9	by	by	ADP
easat-9326	44	10	adopting	adopt	VERB
easat-9326	44	11	a	a	DET
easat-9326	44	12	green	green	ADJ
easat-9326	44	13	innovation	innovation	NOUN
easat-9326	44	14	perspective	perspective	NOUN
easat-9326	44	15	.	.	PUNCT
easat-9326	45	1	2.2	2.2	NUM
easat-9326	45	2	.	.	PUNCT
easat-9326	45	3	research	research	NOUN
easat-9326	45	4	on	on	ADP
easat-9326	45	5	the	the	DET
easat-9326	45	6	relationship	relationship	NOUN
easat-9326	45	7	between	between	ADP
easat-9326	45	8	esg	esg	PROPN
easat-9326	45	9	and	and	CCONJ
easat-9326	45	10	green	green	ADJ
easat-9326	45	11	innovation	innovation	NOUN
easat-9326	45	12	in	in	ADP
easat-9326	45	13	recent	recent	ADJ
easat-9326	45	14	years	year	NOUN
easat-9326	45	15	,	,	PUNCT
easat-9326	45	16	researchers	researcher	NOUN
easat-9326	45	17	have	have	AUX
easat-9326	45	18	gradually	gradually	ADV
easat-9326	45	19	focused	focus	VERB
easat-9326	45	20	on	on	ADP
easat-9326	45	21	the	the	DET
easat-9326	45	22	impact	impact	NOUN
easat-9326	45	23	of	of	ADP
easat-9326	45	24	esg	esg	NOUN
easat-9326	45	25	performance	performance	NOUN
easat-9326	45	26	on	on	ADP
easat-9326	45	27	corporate	corporate	ADJ
easat-9326	45	28	innovation	innovation	NOUN
easat-9326	45	29	activities	activity	NOUN
easat-9326	45	30	,	,	PUNCT
easat-9326	45	31	especially	especially	ADV
easat-9326	45	32	green	green	ADJ
easat-9326	45	33	innovation	innovation	NOUN
easat-9326	45	34	.	.	PUNCT
easat-9326	46	1	green	green	ADJ
easat-9326	46	2	innovation	innovation	NOUN
easat-9326	46	3	can	can	AUX
easat-9326	46	4	be	be	AUX
easat-9326	46	5	seen	see	VERB
easat-9326	46	6	as	as	ADP
easat-9326	46	7	an	an	DET
easat-9326	46	8	important	important	ADJ
easat-9326	46	9	manifestation	manifestation	NOUN
easat-9326	46	10	of	of	ADP
easat-9326	46	11	corporate	corporate	ADJ
easat-9326	46	12	practice	practice	NOUN
easat-9326	46	13	of	of	ADP
easat-9326	46	14	environmental	environmental	ADJ
easat-9326	46	15	responsibility	responsibility	NOUN
easat-9326	46	16	[	[	X
easat-9326	46	17	10	10	NUM
easat-9326	46	18	]	]	PUNCT
easat-9326	46	19	.	.	PUNCT
easat-9326	47	1	consistent	consistent	ADJ
easat-9326	47	2	evidence	evidence	NOUN
easat-9326	47	3	suggests	suggest	VERB
easat-9326	47	4	that	that	SCONJ
easat-9326	47	5	superior	superior	ADJ
easat-9326	47	6	esg	esg	PROPN
easat-9326	47	7	performance	performance	NOUN
easat-9326	47	8	helps	help	VERB
easat-9326	47	9	to	to	PART
easat-9326	47	10	stimulate	stimulate	VERB
easat-9326	47	11	firms	firm	NOUN
easat-9326	47	12	'	'	PART
easat-9326	47	13	green	green	ADJ
easat-9326	47	14	innovation	innovation	NOUN
easat-9326	47	15	dynamics	dynamic	NOUN
easat-9326	47	16	[	[	X
easat-9326	47	17	10	10	NUM
easat-9326	47	18	]	]	PUNCT
easat-9326	47	19	.	.	PUNCT
easat-9326	48	1	based	base	VERB
easat-9326	48	2	on	on	ADP
easat-9326	48	3	a	a	DET
easat-9326	48	4	sample	sample	NOUN
easat-9326	48	5	of	of	ADP
easat-9326	48	6	a	a	DET
easat-9326	48	7	-	-	PUNCT
easat-9326	48	8	share	share	NOUN
easat-9326	48	9	stocks	stock	NOUN
easat-9326	48	10	,	,	PUNCT
easat-9326	48	11	lu	lu	PROPN
easat-9326	49	1	[	[	X
easat-9326	49	2	11	11	NUM
easat-9326	49	3	]	]	PUNCT
easat-9326	49	4	found	find	VERB
easat-9326	49	5	that	that	SCONJ
easat-9326	49	6	corporate	corporate	ADJ
easat-9326	49	7	esg	esg	NOUN
easat-9326	49	8	performance	performance	NOUN
easat-9326	49	9	has	have	VERB
easat-9326	49	10	a	a	DET
easat-9326	49	11	significant	significant	ADJ
easat-9326	49	12	positive	positive	ADJ
easat-9326	49	13	contribution	contribution	NOUN
easat-9326	49	14	to	to	ADP
easat-9326	49	15	green	green	ADJ
easat-9326	49	16	innovation	innovation	NOUN
easat-9326	49	17	[	[	X
easat-9326	49	18	12	12	NUM
easat-9326	49	19	]	]	PUNCT
easat-9326	49	20	.	.	PUNCT
easat-9326	50	1	at	at	ADP
easat-9326	50	2	the	the	DET
easat-9326	50	3	mechanism	mechanism	NOUN
easat-9326	50	4	level	level	NOUN
easat-9326	50	5	,	,	PUNCT
easat-9326	50	6	many	many	ADJ
easat-9326	50	7	studies	study	NOUN
easat-9326	50	8	have	have	AUX
easat-9326	50	9	argued	argue	VERB
easat-9326	50	10	that	that	SCONJ
easat-9326	50	11	excellent	excellent	ADJ
easat-9326	50	12	esg	esg	NOUN
easat-9326	50	13	performance	performance	NOUN
easat-9326	50	14	can	can	AUX
easat-9326	50	15	support	support	VERB
easat-9326	50	16	green	green	ADJ
easat-9326	50	17	technology	technology	NOUN
easat-9326	50	18	r&d	r&d	NOUN
easat-9326	50	19	by	by	ADP
easat-9326	50	20	improving	improve	VERB
easat-9326	50	21	information	information	NOUN
easat-9326	50	22	transparency	transparency	NOUN
easat-9326	50	23	and	and	CCONJ
easat-9326	50	24	credibility	credibility	NOUN
easat-9326	50	25	,	,	PUNCT
easat-9326	50	26	easing	ease	VERB
easat-9326	50	27	financing	financing	NOUN
easat-9326	50	28	constraints	constraint	NOUN
easat-9326	50	29	,	,	PUNCT
easat-9326	50	30	and	and	CCONJ
easat-9326	50	31	enhancing	enhance	VERB
easat-9326	50	32	buy	buy	NOUN
easat-9326	50	33	-	-	PUNCT
easat-9326	50	34	in	in	NOUN
easat-9326	50	35	from	from	ADP
easat-9326	50	36	employees	employee	NOUN
easat-9326	50	37	and	and	CCONJ
easat-9326	50	38	external	external	ADJ
easat-9326	50	39	partners	partner	NOUN
easat-9326	50	40	.	.	PUNCT
easat-9326	51	1	in	in	ADP
easat-9326	51	2	conclusion	conclusion	NOUN
easat-9326	51	3	,	,	PUNCT
easat-9326	51	4	it	it	PRON
easat-9326	51	5	is	be	AUX
easat-9326	51	6	now	now	ADV
easat-9326	51	7	widely	widely	ADV
easat-9326	51	8	recognised	recognise	VERB
easat-9326	51	9	in	in	ADP
easat-9326	51	10	academia	academia	NOUN
easat-9326	51	11	that	that	SCONJ
easat-9326	51	12	esg	esg	PROPN
easat-9326	51	13	performance	performance	NOUN
easat-9326	51	14	is	be	AUX
easat-9326	51	15	positively	positively	ADV
easat-9326	51	16	associated	associate	VERB
easat-9326	51	17	with	with	ADP
easat-9326	51	18	green	green	ADJ
easat-9326	51	19	innovation	innovation	NOUN
easat-9326	51	20	capability	capability	NOUN
easat-9326	51	21	,	,	PUNCT
easat-9326	51	22	but	but	CCONJ
easat-9326	51	23	the	the	DET
easat-9326	51	24	specific	specific	ADJ
easat-9326	51	25	mechanisms	mechanism	NOUN
easat-9326	51	26	need	need	VERB
easat-9326	51	27	to	to	PART
easat-9326	51	28	be	be	AUX
easat-9326	51	29	further	far	ADV
easat-9326	51	30	empirically	empirically	ADV
easat-9326	51	31	explored	explore	VERB
easat-9326	51	32	.	.	PUNCT
easat-9326	52	1	2.3	2.3	NUM
easat-9326	52	2	.	.	PUNCT
easat-9326	53	1	research	research	NOUN
easat-9326	53	2	on	on	ADP
easat-9326	53	3	the	the	DET
easat-9326	53	4	relationship	relationship	NOUN
easat-9326	53	5	between	between	ADP
easat-9326	53	6	green	green	ADJ
easat-9326	53	7	innovation	innovation	NOUN
easat-9326	53	8	and	and	CCONJ
easat-9326	53	9	firm	firm	ADJ
easat-9326	53	10	performance	performance	NOUN
easat-9326	53	11	green	green	ADJ
easat-9326	53	12	innovation	innovation	NOUN
easat-9326	53	13	,	,	PUNCT
easat-9326	53	14	as	as	ADP
easat-9326	53	15	a	a	DET
easat-9326	53	16	type	type	NOUN
easat-9326	53	17	of	of	ADP
easat-9326	53	18	innovation	innovation	NOUN
easat-9326	53	19	activity	activity	NOUN
easat-9326	53	20	,	,	PUNCT
easat-9326	53	21	has	have	AUX
easat-9326	53	22	attracted	attract	VERB
easat-9326	53	23	much	much	ADJ
easat-9326	53	24	attention	attention	NOUN
easat-9326	53	25	for	for	ADP
easat-9326	53	26	its	its	PRON
easat-9326	53	27	impact	impact	NOUN
easat-9326	53	28	on	on	ADP
easat-9326	53	29	firm	firm	ADJ
easat-9326	53	30	performance	performance	NOUN
easat-9326	53	31	.	.	PUNCT
easat-9326	54	1	several	several	ADJ
easat-9326	54	2	studies	study	NOUN
easat-9326	54	3	have	have	AUX
easat-9326	54	4	shown	show	VERB
easat-9326	54	5	that	that	SCONJ
easat-9326	54	6	green	green	ADJ
easat-9326	54	7	innovation	innovation	NOUN
easat-9326	54	8	has	have	VERB
easat-9326	54	9	a	a	DET
easat-9326	54	10	positive	positive	ADJ
easat-9326	54	11	effect	effect	NOUN
easat-9326	54	12	on	on	ADP
easat-9326	54	13	firm	firm	ADJ
easat-9326	54	14	performance	performance	NOUN
easat-9326	54	15	.	.	PUNCT
easat-9326	55	1	for	for	ADP
easat-9326	55	2	example	example	NOUN
easat-9326	55	3	,	,	PUNCT
easat-9326	55	4	ren	ren	PROPN
easat-9326	55	5	[	[	X
easat-9326	55	6	6	6	NUM
easat-9326	55	7	]	]	PUNCT
easat-9326	55	8	found	find	VERB
easat-9326	55	9	that	that	SCONJ
easat-9326	55	10	green	green	ADJ
easat-9326	55	11	innovation	innovation	NOUN
easat-9326	55	12	has	have	VERB
easat-9326	55	13	a	a	DET
easat-9326	55	14	significant	significant	ADJ
easat-9326	55	15	positive	positive	ADJ
easat-9326	55	16	effect	effect	NOUN
easat-9326	55	17	on	on	ADP
easat-9326	55	18	firm	firm	ADJ
easat-9326	55	19	value	value	NOUN
easat-9326	55	20	with	with	ADP
easat-9326	55	21	a	a	DET
easat-9326	55	22	lagged	lag	VERB
easat-9326	55	23	effect	effect	NOUN
easat-9326	55	24	.	.	PUNCT
easat-9326	56	1	similarly	similarly	ADV
easat-9326	56	2	,	,	PUNCT
easat-9326	56	3	wei	wei	PROPN
easat-9326	56	4	and	and	CCONJ
easat-9326	56	5	li	li	PROPN
easat-9326	57	1	[	[	X
easat-9326	57	2	13	13	NUM
easat-9326	57	3	]	]	PUNCT
easat-9326	57	4	empirically	empirically	ADV
easat-9326	57	5	show	show	VERB
easat-9326	57	6	that	that	SCONJ
easat-9326	57	7	green	green	ADJ
easat-9326	57	8	technological	technological	ADJ
easat-9326	57	9	495	495	NUM
easat-9326	57	10	edelweiss	edelweiss	PROPN
easat-9326	57	11	applied	apply	VERB
easat-9326	57	12	science	science	NOUN
easat-9326	57	13	and	and	CCONJ
easat-9326	57	14	technology	technology	NOUN
easat-9326	57	15	issn	issn	PROPN
easat-9326	57	16	:	:	PUNCT
easat-9326	57	17	2576	2576	NUM
easat-9326	57	18	-	-	SYM
easat-9326	57	19	8484	8484	NUM
easat-9326	57	20	vol	vol	NOUN
easat-9326	57	21	.	.	PROPN
easat-9326	58	1	9	9	NUM
easat-9326	58	2	,	,	PUNCT
easat-9326	58	3	no	no	INTJ
easat-9326	58	4	.	.	NOUN
easat-9326	58	5	8	8	NUM
easat-9326	58	6	:	:	PUNCT
easat-9326	58	7	493	493	NUM
easat-9326	58	8	-	-	SYM
easat-9326	58	9	504	504	NUM
easat-9326	58	10	,	,	PUNCT
easat-9326	58	11	2025	2025	NUM
easat-9326	58	12	doi	doi	NOUN
easat-9326	58	13	:	:	PUNCT
easat-9326	58	14	10.55214/2576	10.55214/2576	NUM
easat-9326	58	15	-	-	SYM
easat-9326	58	16	8484.v9i8.9326	8484.v9i8.9326	NUM
easat-9326	58	17	©	©	PROPN
easat-9326	58	18	2025	2025	NUM
easat-9326	58	19	by	by	ADP
easat-9326	58	20	the	the	DET
easat-9326	58	21	authors	author	NOUN
easat-9326	58	22	;	;	PUNCT
easat-9326	58	23	licensee	licensee	PROPN
easat-9326	58	24	learning	learning	PROPN
easat-9326	58	25	gate	gate	PROPN
easat-9326	58	26	innovation	innovation	NOUN
easat-9326	58	27	significantly	significantly	ADV
easat-9326	58	28	enhances	enhance	VERB
easat-9326	58	29	the	the	DET
easat-9326	58	30	market	market	NOUN
easat-9326	58	31	value	value	NOUN
easat-9326	58	32	of	of	ADP
easat-9326	58	33	firms	firm	NOUN
easat-9326	58	34	in	in	ADP
easat-9326	58	35	the	the	DET
easat-9326	58	36	chinese	chinese	ADJ
easat-9326	58	37	manufacturing	manufacturing	NOUN
easat-9326	58	38	industry	industry	NOUN
easat-9326	58	39	for	for	ADP
easat-9326	58	40	example	example	NOUN
easat-9326	58	41	,	,	PUNCT
easat-9326	58	42	while	while	SCONJ
easat-9326	58	43	esg	esg	PROPN
easat-9326	58	44	ratings	rating	NOUN
easat-9326	58	45	mediate	mediate	VERB
easat-9326	58	46	this	this	DET
easat-9326	58	47	process	process	NOUN
easat-9326	58	48	.	.	PUNCT
easat-9326	59	1	green	green	ADJ
easat-9326	59	2	innovation	innovation	NOUN
easat-9326	59	3	can	can	AUX
easat-9326	59	4	improve	improve	VERB
easat-9326	59	5	financial	financial	ADJ
easat-9326	59	6	indicators	indicator	NOUN
easat-9326	59	7	by	by	ADP
easat-9326	59	8	increasing	increase	VERB
easat-9326	59	9	production	production	NOUN
easat-9326	59	10	efficiency	efficiency	NOUN
easat-9326	59	11	,	,	PUNCT
easat-9326	59	12	developing	develop	VERB
easat-9326	59	13	markets	market	NOUN
easat-9326	59	14	for	for	ADP
easat-9326	59	15	environmentally	environmentally	ADV
easat-9326	59	16	friendly	friendly	ADJ
easat-9326	59	17	products	product	NOUN
easat-9326	59	18	,	,	PUNCT
easat-9326	59	19	and	and	CCONJ
easat-9326	59	20	reducing	reduce	VERB
easat-9326	59	21	resource	resource	NOUN
easat-9326	59	22	costs	cost	NOUN
easat-9326	59	23	.	.	PUNCT
easat-9326	60	1	although	although	SCONJ
easat-9326	60	2	green	green	ADJ
easat-9326	60	3	innovation	innovation	NOUN
easat-9326	60	4	may	may	AUX
easat-9326	60	5	require	require	VERB
easat-9326	60	6	upfront	upfront	ADJ
easat-9326	60	7	investment	investment	NOUN
easat-9326	60	8	,	,	PUNCT
easat-9326	60	9	it	it	PRON
easat-9326	60	10	helps	help	VERB
easat-9326	60	11	firms	firm	NOUN
easat-9326	60	12	build	build	VERB
easat-9326	60	13	competitive	competitive	ADJ
easat-9326	60	14	advantage	advantage	NOUN
easat-9326	60	15	and	and	CCONJ
easat-9326	60	16	improve	improve	VERB
easat-9326	60	17	performance	performance	NOUN
easat-9326	60	18	in	in	ADP
easat-9326	60	19	the	the	DET
easat-9326	60	20	long	long	ADJ
easat-9326	60	21	run	run	NOUN
easat-9326	60	22	.	.	PUNCT
easat-9326	61	1	2.4	2.4	NUM
easat-9326	61	2	.	.	PUNCT
easat-9326	62	1	the	the	DET
easat-9326	62	2	mediating	mediate	VERB
easat-9326	62	3	role	role	NOUN
easat-9326	62	4	of	of	ADP
easat-9326	62	5	green	green	ADJ
easat-9326	62	6	innovation	innovation	NOUN
easat-9326	62	7	the	the	DET
easat-9326	62	8	mediating	mediate	VERB
easat-9326	62	9	role	role	NOUN
easat-9326	62	10	of	of	ADP
easat-9326	62	11	green	green	ADJ
easat-9326	62	12	innovation	innovation	NOUN
easat-9326	62	13	in	in	ADP
easat-9326	62	14	the	the	DET
easat-9326	62	15	relationship	relationship	NOUN
easat-9326	62	16	between	between	ADP
easat-9326	62	17	esg	esg	PROPN
easat-9326	62	18	and	and	CCONJ
easat-9326	62	19	firm	firm	ADJ
easat-9326	62	20	performance	performance	NOUN
easat-9326	62	21	has	have	AUX
easat-9326	62	22	not	not	PART
easat-9326	62	23	been	be	AUX
easat-9326	62	24	thoroughly	thoroughly	ADV
easat-9326	62	25	investigated	investigate	VERB
easat-9326	62	26	in	in	ADP
easat-9326	62	27	the	the	DET
easat-9326	62	28	existing	exist	VERB
easat-9326	62	29	literature	literature	NOUN
easat-9326	62	30	.	.	PUNCT
easat-9326	63	1	however	however	ADV
easat-9326	63	2	,	,	PUNCT
easat-9326	63	3	related	related	ADJ
easat-9326	63	4	studies	study	NOUN
easat-9326	63	5	indirectly	indirectly	ADV
easat-9326	63	6	support	support	VERB
easat-9326	63	7	this	this	DET
easat-9326	63	8	view	view	NOUN
easat-9326	63	9	.	.	PUNCT
easat-9326	64	1	on	on	ADP
easat-9326	64	2	the	the	DET
easat-9326	64	3	one	one	NUM
easat-9326	64	4	hand	hand	NOUN
easat-9326	64	5	,	,	PUNCT
easat-9326	64	6	as	as	SCONJ
easat-9326	64	7	mentioned	mention	VERB
easat-9326	64	8	earlier	early	ADV
easat-9326	64	9	,	,	PUNCT
easat-9326	64	10	esg	esg	PROPN
easat-9326	64	11	has	have	VERB
easat-9326	64	12	a	a	DET
easat-9326	64	13	facilitating	facilitate	VERB
easat-9326	64	14	effect	effect	NOUN
easat-9326	64	15	on	on	ADP
easat-9326	64	16	green	green	ADJ
easat-9326	64	17	innovation	innovation	NOUN
easat-9326	64	18	;	;	PUNCT
easat-9326	64	19	on	on	ADP
easat-9326	64	20	the	the	DET
easat-9326	64	21	other	other	ADJ
easat-9326	64	22	hand	hand	NOUN
easat-9326	64	23	,	,	PUNCT
easat-9326	64	24	green	green	ADJ
easat-9326	64	25	innovation	innovation	NOUN
easat-9326	64	26	helps	help	VERB
easat-9326	64	27	to	to	PART
easat-9326	64	28	enhance	enhance	VERB
easat-9326	64	29	performance	performance	NOUN
easat-9326	64	30	.	.	PUNCT
easat-9326	65	1	li	li	PROPN
easat-9326	66	1	[	[	X
easat-9326	66	2	14	14	NUM
easat-9326	66	3	]	]	PUNCT
easat-9326	66	4	based	base	VERB
easat-9326	66	5	on	on	ADP
easat-9326	66	6	a	a	DET
easat-9326	66	7	study	study	NOUN
easat-9326	66	8	of	of	ADP
easat-9326	66	9	chinese	chinese	ADJ
easat-9326	66	10	highbrand	highbrand	ADJ
easat-9326	66	11	-	-	PUNCT
easat-9326	66	12	value	value	NOUN
easat-9326	66	13	firms	firm	NOUN
easat-9326	66	14	,	,	PUNCT
easat-9326	66	15	found	find	VERB
easat-9326	66	16	that	that	SCONJ
easat-9326	66	17	firms	firm	NOUN
easat-9326	66	18	'	'	PART
easat-9326	66	19	esg	esg	NOUN
easat-9326	66	20	performance	performance	NOUN
easat-9326	66	21	can	can	AUX
easat-9326	66	22	further	far	ADV
easat-9326	66	23	affect	affect	VERB
easat-9326	66	24	financial	financial	ADJ
easat-9326	66	25	performance	performance	NOUN
easat-9326	66	26	by	by	ADP
easat-9326	66	27	enhancing	enhance	VERB
easat-9326	66	28	the	the	DET
easat-9326	66	29	level	level	NOUN
easat-9326	66	30	of	of	ADP
easat-9326	66	31	innovation	innovation	NOUN
easat-9326	66	32	,	,	PUNCT
easat-9326	66	33	i.e.	i.e.	X
easat-9326	66	34	,	,	PUNCT
easat-9326	66	35	innovation	innovation	NOUN
easat-9326	66	36	has	have	VERB
easat-9326	66	37	a	a	DET
easat-9326	66	38	mediating	mediate	VERB
easat-9326	66	39	effect	effect	NOUN
easat-9326	66	40	between	between	ADP
easat-9326	66	41	esg	esg	NOUN
easat-9326	66	42	performance	performance	NOUN
easat-9326	66	43	and	and	CCONJ
easat-9326	66	44	firm	firm	ADJ
easat-9326	66	45	performance	performance	NOUN
easat-9326	66	46	.	.	PUNCT
easat-9326	67	1	qi	qi	PROPN
easat-9326	67	2	,	,	PUNCT
easat-9326	67	3	et	et	PROPN
easat-9326	67	4	al	al	PROPN
easat-9326	67	5	.	.	PUNCT
easat-9326	68	1	[	[	X
easat-9326	68	2	15	15	NUM
easat-9326	68	3	]	]	PUNCT
easat-9326	68	4	also	also	ADV
easat-9326	68	5	pointed	point	VERB
easat-9326	68	6	out	out	ADP
easat-9326	68	7	that	that	SCONJ
easat-9326	68	8	firms	firm	NOUN
easat-9326	68	9	indirectly	indirectly	ADV
easat-9326	68	10	improve	improve	VERB
easat-9326	68	11	roa	roa	PROPN
easat-9326	68	12	through	through	ADP
easat-9326	68	13	r&d	r&d	NOUN
easat-9326	68	14	investment	investment	NOUN
easat-9326	68	15	in	in	ADP
easat-9326	68	16	the	the	DET
easat-9326	68	17	process	process	NOUN
easat-9326	68	18	of	of	ADP
easat-9326	68	19	fulfilling	fulfil	VERB
easat-9326	68	20	social	social	ADJ
easat-9326	68	21	responsibility	responsibility	NOUN
easat-9326	68	22	(	(	PUNCT
easat-9326	68	23	csr).in	csr).in	NOUN
easat-9326	68	24	summary	summary	VERB
easat-9326	68	25	,	,	PUNCT
easat-9326	68	26	it	it	PRON
easat-9326	68	27	is	be	AUX
easat-9326	68	28	theoretically	theoretically	ADV
easat-9326	68	29	reasonable	reasonable	ADJ
easat-9326	68	30	to	to	PART
easat-9326	68	31	consider	consider	VERB
easat-9326	68	32	green	green	ADJ
easat-9326	68	33	innovation	innovation	NOUN
easat-9326	68	34	as	as	ADP
easat-9326	68	35	a	a	DET
easat-9326	68	36	mediator	mediator	NOUN
easat-9326	68	37	between	between	ADP
easat-9326	68	38	esg	esg	PROPN
easat-9326	68	39	and	and	CCONJ
easat-9326	68	40	performance	performance	NOUN
easat-9326	68	41	.	.	PUNCT
easat-9326	69	1	this	this	DET
easat-9326	69	2	study	study	NOUN
easat-9326	69	3	will	will	AUX
easat-9326	69	4	directly	directly	ADV
easat-9326	69	5	test	test	VERB
easat-9326	69	6	the	the	DET
easat-9326	69	7	mediating	mediate	VERB
easat-9326	69	8	role	role	NOUN
easat-9326	69	9	of	of	ADP
easat-9326	69	10	green	green	ADJ
easat-9326	69	11	innovation	innovation	NOUN
easat-9326	69	12	(	(	PUNCT
easat-9326	69	13	measured	measure	VERB
easat-9326	69	14	by	by	ADP
easat-9326	69	15	the	the	DET
easat-9326	69	16	number	number	NOUN
easat-9326	69	17	of	of	ADP
easat-9326	69	18	patent	patent	NOUN
easat-9326	69	19	applications	application	NOUN
easat-9326	69	20	)	)	PUNCT
easat-9326	69	21	in	in	ADP
easat-9326	69	22	the	the	DET
easat-9326	69	23	esg	esg	PROPN
easat-9326	69	24	-	-	PUNCT
easat-9326	69	25	roa	roa	NOUN
easat-9326	69	26	pathway	pathway	NOUN
easat-9326	69	27	,	,	PUNCT
easat-9326	69	28	providing	provide	VERB
easat-9326	69	29	a	a	DET
easat-9326	69	30	new	new	ADJ
easat-9326	69	31	empirical	empirical	ADJ
easat-9326	69	32	perspective	perspective	NOUN
easat-9326	69	33	to	to	ADP
easat-9326	69	34	the	the	DET
easat-9326	69	35	existing	exist	VERB
easat-9326	69	36	literature	literature	NOUN
easat-9326	69	37	.	.	PUNCT
easat-9326	70	1	3	3	X
easat-9326	70	2	.	.	X
easat-9326	70	3	theoretical	theoretical	ADJ
easat-9326	70	4	foundation	foundation	NOUN
easat-9326	70	5	and	and	CCONJ
easat-9326	70	6	hypothesis	hypothesis	NOUN
easat-9326	70	7	development	development	NOUN
easat-9326	70	8	this	this	DET
easat-9326	70	9	study	study	NOUN
easat-9326	70	10	builds	build	VERB
easat-9326	70	11	a	a	DET
easat-9326	70	12	theoretical	theoretical	ADJ
easat-9326	70	13	framework	framework	NOUN
easat-9326	70	14	based	base	VERB
easat-9326	70	15	on	on	ADP
easat-9326	70	16	stakeholder	stakeholder	NOUN
easat-9326	70	17	theory	theory	NOUN
easat-9326	70	18	and	and	CCONJ
easat-9326	70	19	sustainable	sustainable	ADJ
easat-9326	70	20	development	development	NOUN
easat-9326	70	21	theory	theory	NOUN
easat-9326	70	22	.	.	PUNCT
easat-9326	71	1	stakeholder	stakeholder	NOUN
easat-9326	71	2	theory	theory	NOUN
easat-9326	71	3	suggests	suggest	VERB
easat-9326	71	4	that	that	SCONJ
easat-9326	71	5	companies	company	NOUN
easat-9326	71	6	form	form	VERB
easat-9326	71	7	close	close	ADJ
easat-9326	71	8	ties	tie	NOUN
easat-9326	71	9	with	with	ADP
easat-9326	71	10	their	their	PRON
easat-9326	71	11	employees	employee	NOUN
easat-9326	71	12	,	,	PUNCT
easat-9326	71	13	customers	customer	NOUN
easat-9326	71	14	,	,	PUNCT
easat-9326	71	15	suppliers	supplier	NOUN
easat-9326	71	16	,	,	PUNCT
easat-9326	71	17	communities	community	NOUN
easat-9326	71	18	and	and	CCONJ
easat-9326	71	19	other	other	ADJ
easat-9326	71	20	stakeholders	stakeholder	NOUN
easat-9326	71	21	,	,	PUNCT
easat-9326	71	22	and	and	CCONJ
easat-9326	71	23	that	that	SCONJ
easat-9326	71	24	companies	company	NOUN
easat-9326	71	25	that	that	PRON
easat-9326	71	26	respond	respond	VERB
easat-9326	71	27	to	to	ADP
easat-9326	71	28	stakeholder	stakeholder	NOUN
easat-9326	71	29	demands	demand	NOUN
easat-9326	71	30	will	will	AUX
easat-9326	71	31	gain	gain	VERB
easat-9326	71	32	their	their	PRON
easat-9326	71	33	support	support	NOUN
easat-9326	71	34	and	and	CCONJ
easat-9326	71	35	trust	trust	NOUN
easat-9326	71	36	,	,	PUNCT
easat-9326	71	37	leading	lead	VERB
easat-9326	71	38	to	to	ADP
easat-9326	71	39	better	well	ADJ
easat-9326	71	40	long	long	ADJ
easat-9326	71	41	-	-	PUNCT
easat-9326	71	42	term	term	NOUN
easat-9326	71	43	performance	performance	NOUN
easat-9326	71	44	.	.	PUNCT
easat-9326	72	1	specifically	specifically	ADV
easat-9326	72	2	at	at	ADP
easat-9326	72	3	the	the	DET
easat-9326	72	4	esg	esg	NOUN
easat-9326	72	5	level	level	NOUN
easat-9326	72	6	,	,	PUNCT
easat-9326	72	7	superior	superior	ADJ
easat-9326	72	8	environmental	environmental	ADJ
easat-9326	72	9	and	and	CCONJ
easat-9326	72	10	social	social	ADJ
easat-9326	72	11	responsibility	responsibility	NOUN
easat-9326	72	12	performance	performance	NOUN
easat-9326	72	13	can	can	AUX
easat-9326	72	14	improve	improve	VERB
easat-9326	72	15	corporate	corporate	ADJ
easat-9326	72	16	reputation	reputation	NOUN
easat-9326	72	17	,	,	PUNCT
easat-9326	72	18	enhance	enhance	VERB
easat-9326	72	19	employee	employee	NOUN
easat-9326	72	20	buy	buy	NOUN
easat-9326	72	21	-	-	PUNCT
easat-9326	72	22	in	in	NOUN
easat-9326	72	23	,	,	PUNCT
easat-9326	72	24	reduce	reduce	VERB
easat-9326	72	25	external	external	ADJ
easat-9326	72	26	monitoring	monitoring	NOUN
easat-9326	72	27	costs	cost	NOUN
easat-9326	72	28	,	,	PUNCT
easat-9326	72	29	and	and	CCONJ
easat-9326	72	30	bring	bring	VERB
easat-9326	72	31	sustained	sustained	ADJ
easat-9326	72	32	economic	economic	ADJ
easat-9326	72	33	benefits	benefit	NOUN
easat-9326	72	34	to	to	ADP
easat-9326	72	35	the	the	DET
easat-9326	72	36	enterprise	enterprise	NOUN
easat-9326	72	37	.	.	PUNCT
easat-9326	73	1	the	the	DET
easat-9326	73	2	theory	theory	NOUN
easat-9326	73	3	of	of	ADP
easat-9326	73	4	sustainable	sustainable	ADJ
easat-9326	73	5	development	development	NOUN
easat-9326	73	6	emphasises	emphasise	VERB
easat-9326	73	7	the	the	DET
easat-9326	73	8	coordinated	coordinated	ADJ
easat-9326	73	9	development	development	NOUN
easat-9326	73	10	of	of	ADP
easat-9326	73	11	the	the	DET
easat-9326	73	12	economy	economy	NOUN
easat-9326	73	13	,	,	PUNCT
easat-9326	73	14	society	society	NOUN
easat-9326	73	15	and	and	CCONJ
easat-9326	73	16	the	the	DET
easat-9326	73	17	environment	environment	NOUN
easat-9326	73	18	,	,	PUNCT
easat-9326	73	19	and	and	CCONJ
easat-9326	73	20	stresses	stress	VERB
easat-9326	73	21	the	the	DET
easat-9326	73	22	need	need	NOUN
easat-9326	73	23	for	for	SCONJ
easat-9326	73	24	companies	company	NOUN
easat-9326	73	25	to	to	PART
easat-9326	73	26	take	take	VERB
easat-9326	73	27	ecological	ecological	ADJ
easat-9326	73	28	protection	protection	NOUN
easat-9326	73	29	and	and	CCONJ
easat-9326	73	30	social	social	ADJ
easat-9326	73	31	well	well	ADV
easat-9326	73	32	-	-	PUNCT
easat-9326	73	33	being	being	NOUN
easat-9326	73	34	into	into	ADP
easat-9326	73	35	account	account	NOUN
easat-9326	73	36	when	when	SCONJ
easat-9326	73	37	pursuing	pursue	VERB
easat-9326	73	38	economic	economic	ADJ
easat-9326	73	39	growth	growth	NOUN
easat-9326	73	40	.	.	PUNCT
easat-9326	74	1	the	the	DET
easat-9326	74	2	practice	practice	NOUN
easat-9326	74	3	of	of	ADP
easat-9326	74	4	esg	esg	PROPN
easat-9326	74	5	is	be	AUX
easat-9326	74	6	an	an	DET
easat-9326	74	7	embodiment	embodiment	NOUN
easat-9326	74	8	of	of	ADP
easat-9326	74	9	the	the	DET
easat-9326	74	10	concept	concept	NOUN
easat-9326	74	11	of	of	ADP
easat-9326	74	12	sustainable	sustainable	ADJ
easat-9326	74	13	development	development	NOUN
easat-9326	74	14	,	,	PUNCT
easat-9326	74	15	which	which	PRON
easat-9326	74	16	helps	help	VERB
easat-9326	74	17	enterprises	enterprise	NOUN
easat-9326	74	18	to	to	PART
easat-9326	74	19	realise	realise	VERB
easat-9326	74	20	comprehensive	comprehensive	ADJ
easat-9326	74	21	value	value	NOUN
easat-9326	74	22	.	.	PUNCT
easat-9326	75	1	it	it	PRON
easat-9326	75	2	has	have	AUX
easat-9326	75	3	been	be	AUX
easat-9326	75	4	pointed	point	VERB
easat-9326	75	5	out	out	ADP
easat-9326	75	6	that	that	SCONJ
easat-9326	75	7	companies	company	NOUN
easat-9326	75	8	that	that	PRON
easat-9326	75	9	follow	follow	VERB
easat-9326	75	10	the	the	DET
easat-9326	75	11	principles	principle	NOUN
easat-9326	75	12	of	of	ADP
easat-9326	75	13	sustainable	sustainable	ADJ
easat-9326	75	14	development	development	NOUN
easat-9326	75	15	tend	tend	VERB
easat-9326	75	16	to	to	PART
easat-9326	75	17	obtain	obtain	VERB
easat-9326	75	18	higher	high	ADJ
easat-9326	75	19	valuations	valuation	NOUN
easat-9326	75	20	and	and	CCONJ
easat-9326	75	21	lower	low	ADJ
easat-9326	75	22	financing	financing	NOUN
easat-9326	75	23	costs	cost	NOUN
easat-9326	75	24	in	in	ADP
easat-9326	75	25	the	the	DET
easat-9326	75	26	capital	capital	NOUN
easat-9326	75	27	market	market	NOUN
easat-9326	75	28	.	.	PUNCT
easat-9326	76	1	therefore	therefore	ADV
easat-9326	76	2	,	,	PUNCT
easat-9326	76	3	from	from	ADP
easat-9326	76	4	the	the	DET
easat-9326	76	5	perspective	perspective	NOUN
easat-9326	76	6	of	of	ADP
easat-9326	76	7	stakeholders	stakeholder	NOUN
easat-9326	76	8	and	and	CCONJ
easat-9326	76	9	sustainable	sustainable	ADJ
easat-9326	76	10	development	development	NOUN
easat-9326	76	11	,	,	PUNCT
easat-9326	76	12	high	high	ADJ
easat-9326	76	13	esg	esg	NOUN
easat-9326	76	14	-	-	PUNCT
easat-9326	76	15	performing	perform	VERB
easat-9326	76	16	firms	firm	NOUN
easat-9326	76	17	tend	tend	VERB
easat-9326	76	18	to	to	PART
easat-9326	76	19	create	create	VERB
easat-9326	76	20	better	well	ADJ
easat-9326	76	21	economic	economic	ADJ
easat-9326	76	22	performance	performance	NOUN
easat-9326	76	23	.	.	PUNCT
easat-9326	77	1	based	base	VERB
easat-9326	77	2	on	on	ADP
easat-9326	77	3	the	the	DET
easat-9326	77	4	above	above	ADJ
easat-9326	77	5	theories	theory	NOUN
easat-9326	77	6	and	and	CCONJ
easat-9326	77	7	literature	literature	PROPN
easat-9326	77	8	review	review	PROPN
easat-9326	77	9	,	,	PUNCT
easat-9326	77	10	this	this	DET
easat-9326	77	11	study	study	NOUN
easat-9326	77	12	proposes	propose	VERB
easat-9326	77	13	the	the	DET
easat-9326	77	14	following	follow	VERB
easat-9326	77	15	hypotheses	hypothesis	NOUN
easat-9326	77	16	:	:	PUNCT
easat-9326	77	17	hypothesis	hypothesis	NOUN
easat-9326	77	18	1	1	NUM
easat-9326	77	19	(	(	PUNCT
easat-9326	77	20	h1	h1	PROPN
easat-9326	77	21	):	):	PUNCT
easat-9326	77	22	corporate	corporate	ADJ
easat-9326	77	23	esg	esg	NOUN
easat-9326	77	24	performance	performance	NOUN
easat-9326	77	25	is	be	AUX
easat-9326	77	26	positively	positively	ADV
easat-9326	77	27	related	relate	VERB
easat-9326	77	28	to	to	ADP
easat-9326	77	29	financial	financial	ADJ
easat-9326	77	30	performance	performance	NOUN
easat-9326	77	31	:	:	PUNCT
easat-9326	77	32	return	return	VERB
easat-9326	77	33	on	on	ADP
easat-9326	77	34	assets(roa	assets(roa	NOUN
easat-9326	77	35	)	)	PUNCT
easat-9326	77	36	.	.	PUNCT
easat-9326	78	1	that	that	PRON
easat-9326	78	2	is	be	AUX
easat-9326	78	3	,	,	PUNCT
easat-9326	78	4	other	other	ADJ
easat-9326	78	5	things	thing	NOUN
easat-9326	78	6	being	be	AUX
easat-9326	78	7	equal	equal	ADJ
easat-9326	78	8	,	,	PUNCT
easat-9326	78	9	firms	firm	NOUN
easat-9326	78	10	with	with	ADP
easat-9326	78	11	better	well	ADJ
easat-9326	78	12	esg	esg	NOUN
easat-9326	78	13	performance	performance	NOUN
easat-9326	78	14	have	have	VERB
easat-9326	78	15	higher	high	ADJ
easat-9326	78	16	levels	level	NOUN
easat-9326	78	17	of	of	ADP
easat-9326	78	18	roa	roa	PROPN
easat-9326	78	19	.	.	PUNCT
easat-9326	79	1	hypothesis	hypothesis	NOUN
easat-9326	79	2	2	2	NUM
easat-9326	79	3	(	(	PUNCT
easat-9326	79	4	h2	h2	NOUN
easat-9326	79	5	):	):	PUNCT
easat-9326	79	6	corporate	corporate	ADJ
easat-9326	79	7	esg	esg	NOUN
easat-9326	79	8	performance	performance	NOUN
easat-9326	79	9	is	be	AUX
easat-9326	79	10	positively	positively	ADV
easat-9326	79	11	related	relate	VERB
easat-9326	79	12	to	to	ADP
easat-9326	79	13	green	green	ADJ
easat-9326	79	14	innovation	innovation	NOUN
easat-9326	79	15	.	.	PUNCT
easat-9326	80	1	that	that	PRON
easat-9326	80	2	is	be	AUX
easat-9326	80	3	,	,	PUNCT
easat-9326	80	4	good	good	ADJ
easat-9326	80	5	esg	esg	PROPN
easat-9326	80	6	performance	performance	NOUN
easat-9326	80	7	can	can	AUX
easat-9326	80	8	promote	promote	VERB
easat-9326	80	9	enterprises	enterprise	NOUN
easat-9326	80	10	to	to	PART
easat-9326	80	11	carry	carry	VERB
easat-9326	80	12	out	out	ADP
easat-9326	80	13	more	more	ADV
easat-9326	80	14	green	green	ADJ
easat-9326	80	15	innovation	innovation	NOUN
easat-9326	80	16	activities	activity	NOUN
easat-9326	80	17	and	and	CCONJ
easat-9326	80	18	increase	increase	VERB
easat-9326	80	19	green	green	ADJ
easat-9326	80	20	patent	patent	NOUN
easat-9326	80	21	output	output	NOUN
easat-9326	80	22	.	.	PUNCT
easat-9326	81	1	hypothesis	hypothesis	NOUN
easat-9326	81	2	3	3	NUM
easat-9326	81	3	(	(	PUNCT
easat-9326	81	4	h3	h3	NOUN
easat-9326	81	5	):	):	PUNCT
easat-9326	81	6	corporate	corporate	ADJ
easat-9326	81	7	green	green	ADJ
easat-9326	81	8	innovation	innovation	NOUN
easat-9326	81	9	is	be	AUX
easat-9326	81	10	positively	positively	ADV
easat-9326	81	11	related	relate	VERB
easat-9326	81	12	to	to	ADP
easat-9326	81	13	financial	financial	ADJ
easat-9326	81	14	performance	performance	NOUN
easat-9326	81	15	(	(	PUNCT
easat-9326	81	16	roa	roa	NOUN
easat-9326	81	17	)	)	PUNCT
easat-9326	81	18	.	.	PUNCT
easat-9326	82	1	that	that	PRON
easat-9326	82	2	is	be	AUX
easat-9326	82	3	,	,	PUNCT
easat-9326	82	4	firms	firm	NOUN
easat-9326	82	5	with	with	ADP
easat-9326	82	6	higher	high	ADJ
easat-9326	82	7	levels	level	NOUN
easat-9326	82	8	of	of	ADP
easat-9326	82	9	green	green	ADJ
easat-9326	82	10	innovation	innovation	NOUN
easat-9326	82	11	(	(	PUNCT
easat-9326	82	12	patent	patent	NOUN
easat-9326	82	13	applications	application	NOUN
easat-9326	82	14	)	)	PUNCT
easat-9326	82	15	have	have	VERB
easat-9326	82	16	better	well	ADJ
easat-9326	82	17	business	business	NOUN
easat-9326	82	18	performance	performance	NOUN
easat-9326	82	19	.	.	PUNCT
easat-9326	83	1	hypothesis	hypothesis	NOUN
easat-9326	83	2	4	4	NUM
easat-9326	83	3	(	(	PUNCT
easat-9326	83	4	h4	h4	PROPN
easat-9326	83	5	):	):	PUNCT
easat-9326	83	6	green	green	ADJ
easat-9326	83	7	innovation	innovation	NOUN
easat-9326	83	8	plays	play	VERB
easat-9326	83	9	a	a	DET
easat-9326	83	10	mediating	mediate	VERB
easat-9326	83	11	role	role	NOUN
easat-9326	83	12	between	between	ADP
easat-9326	83	13	firms	firm	NOUN
easat-9326	83	14	'	'	PART
easat-9326	83	15	esg	esg	NOUN
easat-9326	83	16	performance	performance	NOUN
easat-9326	83	17	and	and	CCONJ
easat-9326	83	18	financial	financial	ADJ
easat-9326	83	19	performance	performance	NOUN
easat-9326	83	20	(	(	PUNCT
easat-9326	83	21	roa	roa	PROPN
easat-9326	83	22	)	)	PUNCT
easat-9326	83	23	.	.	PUNCT
easat-9326	84	1	specifically	specifically	ADV
easat-9326	84	2	,	,	PUNCT
easat-9326	84	3	esg	esg	PROPN
easat-9326	84	4	has	have	VERB
easat-9326	84	5	an	an	DET
easat-9326	84	6	impact	impact	NOUN
easat-9326	84	7	on	on	ADP
easat-9326	84	8	roa	roa	NOUN
easat-9326	84	9	by	by	ADP
easat-9326	84	10	enhancing	enhance	VERB
easat-9326	84	11	firms	firm	NOUN
easat-9326	84	12	'	'	PART
easat-9326	84	13	green	green	ADJ
easat-9326	84	14	innovation	innovation	NOUN
easat-9326	84	15	capabilities	capability	NOUN
easat-9326	84	16	,	,	PUNCT
easat-9326	84	17	which	which	PRON
easat-9326	84	18	in	in	ADP
easat-9326	84	19	turn	turn	NOUN
easat-9326	84	20	has	have	VERB
easat-9326	84	21	an	an	DET
easat-9326	84	22	impact	impact	NOUN
easat-9326	84	23	on	on	ADP
easat-9326	84	24	roa	roa	PROPN
easat-9326	84	25	.	.	PUNCT
easat-9326	85	1	the	the	DET
easat-9326	85	2	above	above	ADJ
easat-9326	85	3	hypotheses	hypothesis	NOUN
easat-9326	85	4	will	will	AUX
easat-9326	85	5	be	be	AUX
easat-9326	85	6	empirically	empirically	ADV
easat-9326	85	7	tested	test	VERB
easat-9326	85	8	in	in	ADP
easat-9326	85	9	subsequent	subsequent	ADJ
easat-9326	85	10	models	model	NOUN
easat-9326	85	11	to	to	PART
easat-9326	85	12	clarify	clarify	VERB
easat-9326	85	13	the	the	DET
easat-9326	85	14	chain	chain	NOUN
easat-9326	85	15	of	of	ADP
easat-9326	85	16	action	action	NOUN
easat-9326	85	17	esg	esg	PROPN
easat-9326	85	18	→	→	SYM
easat-9326	85	19	green	green	ADJ
easat-9326	85	20	innovation	innovation	NOUN
easat-9326	85	21	→	→	PUNCT
easat-9326	85	22	roa	roa	NOUN
easat-9326	85	23	and	and	CCONJ
easat-9326	85	24	its	its	PRON
easat-9326	85	25	statistical	statistical	ADJ
easat-9326	85	26	significance	significance	NOUN
easat-9326	85	27	.	.	PUNCT
easat-9326	86	1	496	496	NUM
easat-9326	86	2	edelweiss	edelweiss	PROPN
easat-9326	86	3	applied	apply	VERB
easat-9326	86	4	science	science	NOUN
easat-9326	86	5	and	and	CCONJ
easat-9326	86	6	technology	technology	NOUN
easat-9326	86	7	issn	issn	PROPN
easat-9326	86	8	:	:	PUNCT
easat-9326	86	9	2576	2576	NUM
easat-9326	86	10	-	-	SYM
easat-9326	86	11	8484	8484	NUM
easat-9326	86	12	vol	vol	NOUN
easat-9326	86	13	.	.	PROPN
easat-9326	87	1	9	9	NUM
easat-9326	87	2	,	,	PUNCT
easat-9326	87	3	no	no	INTJ
easat-9326	87	4	.	.	NOUN
easat-9326	87	5	8	8	NUM
easat-9326	87	6	:	:	PUNCT
easat-9326	87	7	493	493	NUM
easat-9326	87	8	-	-	SYM
easat-9326	87	9	504	504	NUM
easat-9326	87	10	,	,	PUNCT
easat-9326	87	11	2025	2025	NUM
easat-9326	87	12	doi	doi	NOUN
easat-9326	87	13	:	:	PUNCT
easat-9326	87	14	10.55214/2576	10.55214/2576	NUM
easat-9326	87	15	-	-	SYM
easat-9326	87	16	8484.v9i8.9326	8484.v9i8.9326	NUM
easat-9326	87	17	©	©	PROPN
easat-9326	87	18	2025	2025	NUM
easat-9326	87	19	by	by	ADP
easat-9326	87	20	the	the	DET
easat-9326	87	21	authors	author	NOUN
easat-9326	87	22	;	;	PUNCT
easat-9326	87	23	licensee	licensee	PROPN
easat-9326	87	24	learning	learn	VERB
easat-9326	87	25	gate	gate	PROPN
easat-9326	87	26	environmental	environmental	PROPN
easat-9326	87	27	（	（	PUNCT
easat-9326	87	28	e	e	X
easat-9326	87	29	）	）	NOUN
easat-9326	87	30	social	social	ADJ
easat-9326	87	31	（	（	PUNCT
easat-9326	87	32	s	s	NOUN
easat-9326	87	33	）	）	X
easat-9326	87	34	governance	governance	NOUN
easat-9326	87	35	(	(	PUNCT
easat-9326	87	36	g	g	NOUN
easat-9326	87	37	)	)	PUNCT
easat-9326	87	38	green	green	ADJ
easat-9326	87	39	innovation	innovation	NOUN
easat-9326	87	40	firm	firm	NOUN
easat-9326	87	41	performance	performance	NOUN
easat-9326	87	42	h2a	h2a	PROPN
easat-9326	87	43	h3	h3	PROPN
easat-9326	87	44	esg	esg	PROPN
easat-9326	87	45	h2b	h2b	PROPN
easat-9326	87	46	h2c	h2c	PUNCT
easat-9326	87	47	h2d	h2d	ADV
easat-9326	87	48	h1a	h1a	VERB
easat-9326	87	49	h1b	h1b	PROPN
easat-9326	87	50	h1c	h1c	VERB
easat-9326	87	51	h1d	h1d	X
easat-9326	87	52	h4a：e	h4a：e	NOUN
easat-9326	87	53	-	-	PUNCT
easat-9326	87	54	gi	gi	ADP
easat-9326	87	55	-	-	PUNCT
easat-9326	87	56	fp	fp	ADJ
easat-9326	87	57	h4b	h4b	PROPN
easat-9326	87	58	:	:	PUNCT
easat-9326	87	59	s	s	X
easat-9326	87	60	-	-	PUNCT
easat-9326	87	61	gi	gi	ADP
easat-9326	87	62	-	-	PUNCT
easat-9326	87	63	fp	fp	NOUN
easat-9326	87	64	h4c	h4c	NOUN
easat-9326	87	65	:	:	PUNCT
easat-9326	87	66	g	g	NOUN
easat-9326	87	67	-	-	PUNCT
easat-9326	87	68	gi	gi	NOUN
easat-9326	87	69	-	-	PUNCT
easat-9326	87	70	fp	fp	NOUN
easat-9326	87	71	h4d	h4d	NOUN
easat-9326	87	72	:	:	PUNCT
easat-9326	87	73	esg	esg	PROPN
easat-9326	87	74	-	-	PUNCT
easat-9326	87	75	gi	gi	PROPN
easat-9326	87	76	-	-	PUNCT
easat-9326	87	77	fp	fp	ADJ
easat-9326	87	78	figure1	figure1	PROPN
easat-9326	87	79	.	.	PUNCT
easat-9326	87	80	conceptual	conceptual	ADJ
easat-9326	87	81	framework	framework	NOUN
easat-9326	87	82	.	.	PUNCT
easat-9326	88	1	4	4	X
easat-9326	88	2	.	.	X
easat-9326	88	3	research	research	NOUN
easat-9326	88	4	design	design	NOUN
easat-9326	88	5	4.1	4.1	NUM
easat-9326	88	6	.	.	PUNCT
easat-9326	89	1	variable	variable	ADJ
easat-9326	89	2	definition	definition	NOUN
easat-9326	89	3	and	and	CCONJ
easat-9326	89	4	measurement	measurement	NOUN
easat-9326	89	5	dependent	dependent	ADJ
easat-9326	89	6	variable	variable	NOUN
easat-9326	89	7	(	(	PUNCT
easat-9326	89	8	firm	firm	ADJ
easat-9326	89	9	performance	performance	NOUN
easat-9326	89	10	):	):	PUNCT
easat-9326	89	11	the	the	DET
easat-9326	89	12	return	return	NOUN
easat-9326	89	13	on	on	ADP
easat-9326	89	14	total	total	ADJ
easat-9326	89	15	assets	asset	NOUN
easat-9326	89	16	(	(	PUNCT
easat-9326	89	17	roa	roa	NOUN
easat-9326	89	18	)	)	PUNCT
easat-9326	89	19	is	be	AUX
easat-9326	89	20	used	use	VERB
easat-9326	89	21	as	as	ADP
easat-9326	89	22	a	a	DET
easat-9326	89	23	proxy	proxy	NOUN
easat-9326	89	24	variable	variable	NOUN
easat-9326	89	25	for	for	ADP
easat-9326	89	26	financial	financial	ADJ
easat-9326	89	27	performance	performance	NOUN
easat-9326	89	28	,	,	PUNCT
easat-9326	89	29	which	which	PRON
easat-9326	89	30	is	be	AUX
easat-9326	89	31	calculated	calculate	VERB
easat-9326	89	32	as	as	ADP
easat-9326	89	33	the	the	DET
easat-9326	89	34	ratio	ratio	NOUN
easat-9326	89	35	of	of	ADP
easat-9326	89	36	net	net	ADJ
easat-9326	89	37	profit	profit	NOUN
easat-9326	89	38	to	to	PART
easat-9326	89	39	average	average	VERB
easat-9326	89	40	total	total	ADJ
easat-9326	89	41	assets	asset	NOUN
easat-9326	89	42	.	.	PUNCT
easat-9326	90	1	roa	roa	PROPN
easat-9326	90	2	is	be	AUX
easat-9326	90	3	commonly	commonly	ADV
easat-9326	90	4	used	use	VERB
easat-9326	90	5	in	in	ADP
easat-9326	90	6	established	establish	VERB
easat-9326	90	7	studies	study	NOUN
easat-9326	90	8	to	to	PART
easat-9326	90	9	evaluate	evaluate	VERB
easat-9326	90	10	firm	firm	ADJ
easat-9326	90	11	book	book	NOUN
easat-9326	90	12	performance	performance	NOUN
easat-9326	90	13	.	.	PUNCT
easat-9326	91	1	dependent	dependent	ADJ
easat-9326	91	2	variable	variable	NOUN
easat-9326	91	3	(	(	PUNCT
easat-9326	91	4	esg	esg	NOUN
easat-9326	91	5	performance	performance	NOUN
easat-9326	91	6	):	):	PUNCT
easat-9326	91	7	firms	firm	NOUN
easat-9326	91	8	'	'	PART
easat-9326	91	9	esg	esg	NOUN
easat-9326	91	10	performance	performance	NOUN
easat-9326	91	11	can	can	AUX
easat-9326	91	12	be	be	AUX
easat-9326	91	13	obtained	obtain	VERB
easat-9326	91	14	through	through	ADP
easat-9326	91	15	thirdparty	thirdparty	NOUN
easat-9326	91	16	ratings	rating	NOUN
easat-9326	91	17	,	,	PUNCT
easat-9326	91	18	and	and	CCONJ
easat-9326	91	19	this	this	DET
easat-9326	91	20	paper	paper	NOUN
easat-9326	91	21	uses	use	VERB
easat-9326	91	22	the	the	DET
easat-9326	91	23	esg	esg	PROPN
easat-9326	91	24	database	database	NOUN
easat-9326	91	25	from	from	ADP
easat-9326	91	26	bloomberg	bloomberg	PROPN
easat-9326	91	27	database	database	NOUN
easat-9326	91	28	.	.	PUNCT
easat-9326	92	1	a	a	DET
easat-9326	92	2	high	high	ADJ
easat-9326	92	3	score	score	NOUN
easat-9326	92	4	represents	represent	VERB
easat-9326	92	5	excellent	excellent	ADJ
easat-9326	92	6	corporate	corporate	ADJ
easat-9326	92	7	esg	esg	NOUN
easat-9326	92	8	performance	performance	NOUN
easat-9326	92	9	.	.	PUNCT
easat-9326	93	1	to	to	PART
easat-9326	93	2	avoid	avoid	VERB
easat-9326	93	3	the	the	DET
easat-9326	93	4	problem	problem	NOUN
easat-9326	93	5	of	of	ADP
easat-9326	93	6	contemporaneous	contemporaneous	ADJ
easat-9326	93	7	endogeneity	endogeneity	NOUN
easat-9326	93	8	,	,	PUNCT
easat-9326	93	9	the	the	DET
easat-9326	93	10	lagged	lag	VERB
easat-9326	93	11	value	value	NOUN
easat-9326	93	12	of	of	ADP
easat-9326	93	13	esg	esg	NOUN
easat-9326	93	14	indicators	indicator	NOUN
easat-9326	93	15	can	can	AUX
easat-9326	93	16	be	be	AUX
easat-9326	93	17	taken	take	VERB
easat-9326	93	18	as	as	ADP
easat-9326	93	19	an	an	DET
easat-9326	93	20	explanatory	explanatory	ADJ
easat-9326	93	21	variable	variable	NOUN
easat-9326	93	22	.	.	PUNCT
easat-9326	94	1	mediating	mediate	VERB
easat-9326	94	2	variable	variable	NOUN
easat-9326	94	3	(	(	PUNCT
easat-9326	94	4	green	green	ADJ
easat-9326	94	5	innovation	innovation	NOUN
easat-9326	94	6	):	):	PUNCT
easat-9326	94	7	the	the	DET
easat-9326	94	8	level	level	NOUN
easat-9326	94	9	of	of	ADP
easat-9326	94	10	green	green	ADJ
easat-9326	94	11	innovation	innovation	NOUN
easat-9326	94	12	is	be	AUX
easat-9326	94	13	measured	measure	VERB
easat-9326	94	14	by	by	ADP
easat-9326	94	15	the	the	DET
easat-9326	94	16	number	number	NOUN
easat-9326	94	17	of	of	ADP
easat-9326	94	18	green	green	ADJ
easat-9326	94	19	patent	patent	NOUN
easat-9326	94	20	applications	application	NOUN
easat-9326	94	21	of	of	ADP
easat-9326	94	22	enterprises	enterprise	NOUN
easat-9326	94	23	.	.	PUNCT
easat-9326	95	1	the	the	DET
easat-9326	95	2	patent	patent	NOUN
easat-9326	95	3	data	datum	NOUN
easat-9326	95	4	is	be	AUX
easat-9326	95	5	represented	represent	VERB
easat-9326	95	6	by	by	ADP
easat-9326	95	7	the	the	DET
easat-9326	95	8	number	number	NOUN
easat-9326	95	9	of	of	ADP
easat-9326	95	10	patents	patent	NOUN
easat-9326	95	11	in	in	ADP
easat-9326	95	12	the	the	DET
easat-9326	95	13	csmar	csmar	PROPN
easat-9326	95	14	database	database	NOUN
easat-9326	95	15	.	.	PUNCT
easat-9326	96	1	considering	consider	VERB
easat-9326	96	2	the	the	DET
easat-9326	96	3	time	time	NOUN
easat-9326	96	4	lag	lag	NOUN
easat-9326	96	5	and	and	CCONJ
easat-9326	96	6	uncertainty	uncertainty	NOUN
easat-9326	96	7	of	of	ADP
easat-9326	96	8	the	the	DET
easat-9326	96	9	patent	patent	NOUN
easat-9326	96	10	granting	grant	VERB
easat-9326	96	11	process	process	NOUN
easat-9326	96	12	,	,	PUNCT
easat-9326	96	13	this	this	DET
easat-9326	96	14	study	study	NOUN
easat-9326	96	15	takes	take	VERB
easat-9326	96	16	the	the	DET
easat-9326	96	17	number	number	NOUN
easat-9326	96	18	of	of	ADP
easat-9326	96	19	green	green	ADJ
easat-9326	96	20	patent	patent	NOUN
easat-9326	96	21	applications	application	NOUN
easat-9326	96	22	as	as	SCONJ
easat-9326	96	23	the	the	DET
easat-9326	96	24	innovation	innovation	NOUN
easat-9326	96	25	output	output	NOUN
easat-9326	96	26	indicator	indicator	NOUN
easat-9326	96	27	(	(	PUNCT
easat-9326	96	28	if	if	SCONJ
easat-9326	96	29	necessary	necessary	ADJ
easat-9326	96	30	,	,	PUNCT
easat-9326	96	31	add	add	VERB
easat-9326	96	32	1	1	NUM
easat-9326	96	33	to	to	ADP
easat-9326	96	34	the	the	DET
easat-9326	96	35	number	number	NOUN
easat-9326	96	36	of	of	ADP
easat-9326	96	37	applications	application	NOUN
easat-9326	96	38	and	and	CCONJ
easat-9326	96	39	then	then	ADV
easat-9326	96	40	take	take	VERB
easat-9326	96	41	the	the	DET
easat-9326	96	42	logarithmic	logarithmic	ADJ
easat-9326	96	43	treatment	treatment	NOUN
easat-9326	96	44	)	)	PUNCT
easat-9326	96	45	,	,	PUNCT
easat-9326	96	46	and	and	CCONJ
easat-9326	96	47	the	the	DET
easat-9326	96	48	method	method	NOUN
easat-9326	96	49	is	be	AUX
easat-9326	96	50	the	the	DET
easat-9326	96	51	same	same	ADJ
easat-9326	96	52	as	as	ADP
easat-9326	96	53	that	that	PRON
easat-9326	96	54	of	of	ADP
easat-9326	96	55	esg	esg	PROPN
easat-9326	96	56	research	research	NOUN
easat-9326	96	57	in	in	ADP
easat-9326	96	58	the	the	DET
easat-9326	96	59	electric	electric	ADJ
easat-9326	96	60	power	power	NOUN
easat-9326	96	61	industry	industry	NOUN
easat-9326	96	62	.	.	PUNCT
easat-9326	97	1	control	control	NOUN
easat-9326	97	2	variables	variable	NOUN
easat-9326	97	3	:	:	PUNCT
easat-9326	97	4	in	in	ADP
easat-9326	97	5	order	order	NOUN
easat-9326	97	6	to	to	PART
easat-9326	97	7	reduce	reduce	VERB
easat-9326	97	8	omitted	omit	VERB
easat-9326	97	9	variable	variable	ADJ
easat-9326	97	10	bias	bias	NOUN
easat-9326	97	11	,	,	PUNCT
easat-9326	97	12	typical	typical	ADJ
easat-9326	97	13	control	control	NOUN
easat-9326	97	14	variables	variable	NOUN
easat-9326	97	15	are	be	AUX
easat-9326	97	16	selected	select	VERB
easat-9326	97	17	with	with	ADP
easat-9326	97	18	reference	reference	NOUN
easat-9326	97	19	to	to	ADP
easat-9326	97	20	related	related	ADJ
easat-9326	97	21	literature	literature	NOUN
easat-9326	97	22	,	,	PUNCT
easat-9326	97	23	including	include	VERB
easat-9326	97	24	enterprise	enterprise	NOUN
easat-9326	97	25	size	size	NOUN
easat-9326	97	26	(	(	PUNCT
easat-9326	97	27	size	size	NOUN
easat-9326	97	28	,	,	PUNCT
easat-9326	97	29	expressed	express	VERB
easat-9326	97	30	as	as	ADP
easat-9326	97	31	logarithm	logarithm	NOUN
easat-9326	97	32	of	of	ADP
easat-9326	97	33	total	total	ADJ
easat-9326	97	34	assets	asset	NOUN
easat-9326	97	35	)	)	PUNCT
easat-9326	97	36	,	,	PUNCT
easat-9326	97	37	gearing	gear	VERB
easat-9326	97	38	ratio	ratio	NOUN
easat-9326	97	39	(	(	PUNCT
easat-9326	97	40	lev	lev	NOUN
easat-9326	97	41	)	)	PUNCT
easat-9326	97	42	,	,	PUNCT
easat-9326	97	43	r&d	r&d	NOUN
easat-9326	97	44	intensity	intensity	NOUN
easat-9326	97	45	(	(	PUNCT
easat-9326	97	46	r&d	r&d	NOUN
easat-9326	97	47	/	/	SYM
easat-9326	97	48	sales	sale	NOUN
easat-9326	97	49	revenue	revenue	NOUN
easat-9326	97	50	)	)	PUNCT
easat-9326	97	51	,	,	PUNCT
easat-9326	97	52	company	company	NOUN
easat-9326	97	53	age	age	NOUN
easat-9326	97	54	(	(	PUNCT
easat-9326	97	55	age	age	NOUN
easat-9326	97	56	)	)	PUNCT
easat-9326	97	57	,	,	PUNCT
easat-9326	97	58	industry	industry	NOUN
easat-9326	97	59	and	and	CCONJ
easat-9326	97	60	year	year	NOUN
easat-9326	97	61	dummy	dummy	ADJ
easat-9326	97	62	variables	variable	NOUN
easat-9326	97	63	,	,	PUNCT
easat-9326	97	64	etc	etc	X
easat-9326	97	65	.	.	X
easat-9326	98	1	these	these	DET
easat-9326	98	2	variables	variable	NOUN
easat-9326	98	3	may	may	AUX
easat-9326	98	4	affect	affect	VERB
easat-9326	98	5	both	both	DET
easat-9326	98	6	innovation	innovation	NOUN
easat-9326	98	7	and	and	CCONJ
easat-9326	98	8	performance	performance	NOUN
easat-9326	98	9	.	.	PUNCT
easat-9326	99	1	these	these	DET
easat-9326	99	2	variables	variable	NOUN
easat-9326	99	3	may	may	AUX
easat-9326	99	4	affect	affect	VERB
easat-9326	99	5	both	both	DET
easat-9326	99	6	innovation	innovation	NOUN
easat-9326	99	7	and	and	CCONJ
easat-9326	99	8	performance	performance	NOUN
easat-9326	99	9	and	and	CCONJ
easat-9326	99	10	need	need	VERB
easat-9326	99	11	to	to	PART
easat-9326	99	12	be	be	AUX
easat-9326	99	13	included	include	VERB
easat-9326	99	14	in	in	ADP
easat-9326	99	15	the	the	DET
easat-9326	99	16	model	model	NOUN
easat-9326	99	17	to	to	PART
easat-9326	99	18	control	control	VERB
easat-9326	99	19	for	for	ADP
easat-9326	99	20	them	they	PRON
easat-9326	99	21	.	.	PUNCT
easat-9326	100	1	497	497	NUM
easat-9326	100	2	edelweiss	edelweiss	PROPN
easat-9326	100	3	applied	apply	VERB
easat-9326	100	4	science	science	NOUN
easat-9326	100	5	and	and	CCONJ
easat-9326	100	6	technology	technology	NOUN
easat-9326	100	7	issn	issn	PROPN
easat-9326	100	8	:	:	PUNCT
easat-9326	100	9	2576	2576	NUM
easat-9326	100	10	-	-	SYM
easat-9326	100	11	8484	8484	NUM
easat-9326	100	12	vol	vol	NOUN
easat-9326	100	13	.	.	PROPN
easat-9326	101	1	9	9	NUM
easat-9326	101	2	,	,	PUNCT
easat-9326	101	3	no	no	INTJ
easat-9326	101	4	.	.	NOUN
easat-9326	101	5	8	8	NUM
easat-9326	101	6	:	:	PUNCT
easat-9326	101	7	493	493	NUM
easat-9326	101	8	-	-	SYM
easat-9326	101	9	504	504	NUM
easat-9326	101	10	,	,	PUNCT
easat-9326	101	11	2025	2025	NUM
easat-9326	101	12	doi	doi	NOUN
easat-9326	101	13	:	:	PUNCT
easat-9326	101	14	10.55214/2576	10.55214/2576	NUM
easat-9326	101	15	-	-	SYM
easat-9326	101	16	8484.v9i8.9326	8484.v9i8.9326	NUM
easat-9326	101	17	©	©	PROPN
easat-9326	101	18	2025	2025	NUM
easat-9326	101	19	by	by	ADP
easat-9326	101	20	the	the	DET
easat-9326	101	21	authors	author	NOUN
easat-9326	101	22	;	;	PUNCT
easat-9326	101	23	licensee	licensee	PROPN
easat-9326	101	24	learning	learn	VERB
easat-9326	101	25	gate	gate	NOUN
easat-9326	101	26	table	table	NOUN
easat-9326	101	27	1	1	NUM
easat-9326	101	28	.	.	PUNCT
easat-9326	101	29	definition	definition	NOUN
easat-9326	101	30	of	of	ADP
easat-9326	101	31	primary	primary	ADJ
easat-9326	101	32	variables	variable	NOUN
easat-9326	101	33	.	.	PUNCT
easat-9326	102	1	type	type	NOUN
easat-9326	102	2	of	of	ADP
easat-9326	102	3	variable	variable	ADJ
easat-9326	102	4	name	name	NOUN
easat-9326	102	5	of	of	ADP
easat-9326	102	6	variable	variable	ADJ
easat-9326	102	7	symbol	symbol	NOUN
easat-9326	102	8	of	of	ADP
easat-9326	102	9	variable	variable	ADJ
easat-9326	102	10	variable	variable	ADJ
easat-9326	102	11	calculation	calculation	NOUN
easat-9326	102	12	method	method	VERB
easat-9326	102	13	dependent	dependent	ADJ
easat-9326	102	14	variable	variable	ADJ
easat-9326	102	15	firm	firm	ADJ
easat-9326	102	16	performance	performance	NOUN
easat-9326	102	17	roa	roa	PROPN
easat-9326	102	18	net	net	ADJ
easat-9326	102	19	profit	profit	NOUN
easat-9326	102	20	after	after	ADP
easat-9326	102	21	tax	tax	NOUN
easat-9326	102	22	/	/	SYM
easat-9326	102	23	total	total	ADJ
easat-9326	102	24	assets	asset	NOUN
easat-9326	102	25	independent	independent	ADJ
easat-9326	102	26	viriable	viriable	ADJ
easat-9326	102	27	firm	firm	ADJ
easat-9326	102	28	esg	esg	PROPN
easat-9326	102	29	performance	performance	NOUN
easat-9326	102	30	esg	esg	PROPN
easat-9326	102	31	bloomberg	bloomberg	PROPN
easat-9326	102	32	database	database	NOUN
easat-9326	102	33	disclosed	disclose	VERB
easat-9326	102	34	esg	esg	PROPN
easat-9326	102	35	score	score	PROPN
easat-9326	102	36	data	data	PROPN
easat-9326	102	37	env	env	PROPN
easat-9326	102	38	bloomberg	bloomberg	PROPN
easat-9326	102	39	database	database	NOUN
easat-9326	102	40	disclosed	disclose	VERB
easat-9326	102	41	e	e	PROPN
easat-9326	102	42	score	score	NOUN
easat-9326	102	43	data	data	PROPN
easat-9326	102	44	soc	soc	PROPN
easat-9326	102	45	bloomberg	bloomberg	PROPN
easat-9326	102	46	database	database	NOUN
easat-9326	102	47	disclosed	disclose	VERB
easat-9326	102	48	s	s	PRON
easat-9326	102	49	score	score	NOUN
easat-9326	102	50	data	datum	NOUN
easat-9326	102	51	gov	gov	PROPN
easat-9326	102	52	bloomberg	bloomberg	PROPN
easat-9326	102	53	database	database	NOUN
easat-9326	102	54	disclosed	disclose	VERB
easat-9326	102	55	g	g	PROPN
easat-9326	102	56	score	score	NOUN
easat-9326	102	57	data	data	PROPN
easat-9326	102	58	mediator	mediator	NOUN
easat-9326	102	59	variable	variable	ADJ
easat-9326	102	60	green	green	ADJ
easat-9326	102	61	innovation	innovation	NOUN
easat-9326	102	62	innovate	innovate	VERB
easat-9326	102	63	the	the	DET
easat-9326	102	64	total	total	ADJ
easat-9326	102	65	number	number	NOUN
easat-9326	102	66	of	of	ADP
easat-9326	102	67	patents	patent	NOUN
easat-9326	102	68	filed	file	VERB
easat-9326	102	69	for	for	ADP
easat-9326	102	70	inventions	invention	NOUN
easat-9326	102	71	,	,	PUNCT
easat-9326	102	72	utility	utility	NOUN
easat-9326	102	73	models	model	NOUN
easat-9326	102	74	,	,	PUNCT
easat-9326	102	75	and	and	CCONJ
easat-9326	102	76	designs	design	NOUN
easat-9326	102	77	plus	plus	CCONJ
easat-9326	102	78	the	the	DET
easat-9326	102	79	natural	natural	ADJ
easat-9326	102	80	log	log	NOUN
easat-9326	102	81	of	of	ADP
easat-9326	102	82	1	1	NUM
easat-9326	102	83	moderator	moderator	NOUN
easat-9326	102	84	variable	variable	ADJ
easat-9326	102	85	women	woman	NOUN
easat-9326	102	86	director	director	NOUN
easat-9326	102	87	wom	wom	PROPN
easat-9326	102	88	proportionality	proportionality	NOUN
easat-9326	102	89	method	method	NOUN
easat-9326	102	90	,	,	PUNCT
easat-9326	102	91	the	the	DET
easat-9326	102	92	proportion	proportion	NOUN
easat-9326	102	93	of	of	ADP
easat-9326	102	94	women	woman	NOUN
easat-9326	102	95	directors	director	NOUN
easat-9326	102	96	among	among	ADP
easat-9326	102	97	all	all	DET
easat-9326	102	98	executives	executive	NOUN
easat-9326	102	99	disclosed	disclose	VERB
easat-9326	102	100	in	in	ADP
easat-9326	102	101	the	the	DET
easat-9326	102	102	company	company	NOUN
easat-9326	102	103	's	's	PART
easat-9326	102	104	annual	annual	ADJ
easat-9326	102	105	report	report	NOUN
easat-9326	102	106	.	.	PUNCT
easat-9326	103	1	control	control	NOUN
easat-9326	103	2	viriable	viriable	ADJ
easat-9326	103	3	size	size	NOUN
easat-9326	103	4	of	of	ADP
easat-9326	103	5	company	company	NOUN
easat-9326	103	6	size	size	VERB
easat-9326	103	7	the	the	DET
easat-9326	103	8	natural	natural	ADJ
easat-9326	103	9	log	log	NOUN
easat-9326	103	10	of	of	ADP
easat-9326	103	11	the	the	DET
easat-9326	103	12	firm	firm	NOUN
easat-9326	103	13	's	's	PART
easat-9326	103	14	total	total	ADJ
easat-9326	103	15	assets	asset	NOUN
easat-9326	103	16	at	at	ADP
easat-9326	103	17	the	the	DET
easat-9326	103	18	end	end	NOUN
easat-9326	103	19	of	of	ADP
easat-9326	103	20	the	the	DET
easat-9326	103	21	year	year	NOUN
easat-9326	103	22	leverage	leverage	NOUN
easat-9326	103	23	ratio	ratio	NOUN
easat-9326	103	24	lev	lev	NOUN
easat-9326	103	25	the	the	DET
easat-9326	103	26	ratio	ratio	NOUN
easat-9326	103	27	of	of	ADP
easat-9326	103	28	the	the	DET
easat-9326	103	29	company	company	NOUN
easat-9326	103	30	's	's	PART
easat-9326	103	31	total	total	ADJ
easat-9326	103	32	liabilities	liability	NOUN
easat-9326	103	33	to	to	ADP
easat-9326	103	34	its	its	PRON
easat-9326	103	35	total	total	ADJ
easat-9326	103	36	assets	asset	NOUN
easat-9326	103	37	at	at	ADP
easat-9326	103	38	the	the	DET
easat-9326	103	39	end	end	NOUN
easat-9326	103	40	of	of	ADP
easat-9326	103	41	the	the	DET
easat-9326	103	42	year	year	NOUN
easat-9326	103	43	number	number	NOUN
easat-9326	103	44	of	of	ADP
easat-9326	103	45	staffs	staff	NOUN
easat-9326	103	46	staffs	staff	VERB
easat-9326	103	47	the	the	DET
easat-9326	103	48	natural	natural	ADJ
easat-9326	103	49	logarithm	logarithm	NOUN
easat-9326	103	50	of	of	ADP
easat-9326	103	51	the	the	DET
easat-9326	103	52	number	number	NOUN
easat-9326	103	53	of	of	ADP
easat-9326	103	54	employees	employee	NOUN
easat-9326	103	55	in	in	ADP
easat-9326	103	56	a	a	DET
easat-9326	103	57	company	company	NOUN
easat-9326	103	58	sales	sale	NOUN
easat-9326	103	59	growth	growth	NOUN
easat-9326	103	60	sales	sale	NOUN
easat-9326	103	61	growth	growth	NOUN
easat-9326	103	62	(	(	PUNCT
easat-9326	103	63	current	current	ADJ
easat-9326	103	64	main	main	ADJ
easat-9326	103	65	business	business	NOUN
easat-9326	103	66	income	income	NOUN
easat-9326	103	67	lag	lag	VERB
easat-9326	103	68	one	one	NUM
easat-9326	103	69	period	period	NOUN
easat-9326	103	70	of	of	ADP
easat-9326	103	71	main	main	ADJ
easat-9326	103	72	business	business	NOUN
easat-9326	103	73	income)/lag	income)/lag	VERB
easat-9326	103	74	one	one	NUM
easat-9326	103	75	phase	phase	NOUN
easat-9326	103	76	of	of	ADP
easat-9326	103	77	main	main	ADJ
easat-9326	103	78	business	business	NOUN
easat-9326	103	79	income	income	NOUN
easat-9326	103	80	age	age	NOUN
easat-9326	103	81	of	of	ADP
easat-9326	103	82	company	company	NOUN
easat-9326	103	83	age	age	VERB
easat-9326	103	84	the	the	DET
easat-9326	103	85	natural	natural	ADJ
easat-9326	103	86	logarithm	logarithm	NOUN
easat-9326	103	87	of	of	ADP
easat-9326	103	88	the	the	DET
easat-9326	103	89	difference	difference	NOUN
easat-9326	103	90	between	between	ADP
easat-9326	103	91	t	t	NOUN
easat-9326	103	92	years	year	NOUN
easat-9326	103	93	and	and	CCONJ
easat-9326	103	94	the	the	DET
easat-9326	103	95	year	year	NOUN
easat-9326	103	96	the	the	DET
easat-9326	103	97	company	company	NOUN
easat-9326	103	98	was	be	AUX
easat-9326	103	99	founded	found	VERB
easat-9326	103	100	tangible	tangible	ADJ
easat-9326	103	101	assets	asset	NOUN
easat-9326	103	102	ratio	ratio	NOUN
easat-9326	103	103	tangible	tangible	ADJ
easat-9326	103	104	the	the	DET
easat-9326	103	105	ratio	ratio	NOUN
easat-9326	103	106	of	of	ADP
easat-9326	103	107	the	the	DET
easat-9326	103	108	company	company	NOUN
easat-9326	103	109	's	's	PART
easat-9326	103	110	total	total	ADJ
easat-9326	103	111	tangible	tangible	ADJ
easat-9326	103	112	assets	asset	NOUN
easat-9326	103	113	to	to	ADP
easat-9326	103	114	its	its	PRON
easat-9326	103	115	total	total	ADJ
easat-9326	103	116	assets	asset	NOUN
easat-9326	103	117	at	at	ADP
easat-9326	103	118	the	the	DET
easat-9326	103	119	end	end	NOUN
easat-9326	103	120	of	of	ADP
easat-9326	103	121	the	the	DET
easat-9326	103	122	year	year	NOUN
easat-9326	103	123	4.2	4.2	NUM
easat-9326	103	124	.	.	PUNCT
easat-9326	104	1	data	datum	NOUN
easat-9326	104	2	source	source	NOUN
easat-9326	104	3	and	and	CCONJ
easat-9326	104	4	sample	sample	NOUN
easat-9326	104	5	selection	selection	NOUN
easat-9326	104	6	this	this	DET
easat-9326	104	7	paper	paper	NOUN
easat-9326	104	8	takes	take	VERB
easat-9326	104	9	chinese	chinese	ADJ
easat-9326	104	10	listed	list	VERB
easat-9326	104	11	companies	company	NOUN
easat-9326	104	12	in	in	ADP
easat-9326	104	13	shanghai	shanghai	PROPN
easat-9326	104	14	and	and	CCONJ
easat-9326	104	15	shenzhen	shenzhen	PROPN
easat-9326	104	16	as	as	ADP
easat-9326	104	17	the	the	DET
easat-9326	104	18	research	research	NOUN
easat-9326	104	19	sample	sample	NOUN
easat-9326	104	20	,	,	PUNCT
easat-9326	104	21	and	and	CCONJ
easat-9326	104	22	selects	select	VERB
easat-9326	104	23	the	the	DET
easat-9326	104	24	period	period	NOUN
easat-9326	104	25	of	of	ADP
easat-9326	104	26	2014	2014	NUM
easat-9326	104	27	-	-	SYM
easat-9326	104	28	2023	2023	NUM
easat-9326	104	29	when	when	SCONJ
easat-9326	104	30	esg	esg	NOUN
easat-9326	104	31	indicators	indicator	NOUN
easat-9326	104	32	are	be	AUX
easat-9326	104	33	gradually	gradually	ADV
easat-9326	104	34	popularized	popularize	VERB
easat-9326	104	35	to	to	PART
easat-9326	104	36	be	be	AUX
easat-9326	104	37	analyzed	analyze	VERB
easat-9326	104	38	.	.	PUNCT
easat-9326	105	1	the	the	DET
easat-9326	105	2	esg	esg	PROPN
easat-9326	105	3	score	score	NOUN
easat-9326	105	4	data	datum	NOUN
easat-9326	105	5	are	be	AUX
easat-9326	105	6	from	from	ADP
easat-9326	105	7	bloomberg	bloomberg	PROPN
easat-9326	105	8	database	database	NOUN
easat-9326	105	9	,	,	PUNCT
easat-9326	105	10	and	and	CCONJ
easat-9326	105	11	the	the	DET
easat-9326	105	12	green	green	PROPN
easat-9326	105	13	patent	patent	PROPN
easat-9326	105	14	and	and	CCONJ
easat-9326	105	15	financial	financial	ADJ
easat-9326	105	16	data	datum	NOUN
easat-9326	105	17	data	datum	NOUN
easat-9326	105	18	are	be	AUX
easat-9326	105	19	from	from	ADP
easat-9326	105	20	csmar	csmar	PROPN
easat-9326	105	21	database	database	NOUN
easat-9326	105	22	.	.	PUNCT
easat-9326	106	1	the	the	DET
easat-9326	106	2	panel	panel	NOUN
easat-9326	106	3	data	datum	NOUN
easat-9326	106	4	is	be	AUX
easat-9326	106	5	formed	form	VERB
easat-9326	106	6	after	after	ADP
easat-9326	106	7	excluding	exclude	VERB
easat-9326	106	8	*	*	PROPN
easat-9326	106	9	st	st	PROPN
easat-9326	106	10	,	,	PUNCT
easat-9326	106	11	shares	share	NOUN
easat-9326	106	12	,	,	PUNCT
easat-9326	106	13	and	and	CCONJ
easat-9326	106	14	financial	financial	ADJ
easat-9326	106	15	industry	industry	NOUN
easat-9326	106	16	companies	company	NOUN
easat-9326	106	17	.	.	PUNCT
easat-9326	107	1	to	to	PART
easat-9326	107	2	ensure	ensure	VERB
easat-9326	107	3	data	datum	NOUN
easat-9326	107	4	quality	quality	NOUN
easat-9326	107	5	,	,	PUNCT
easat-9326	107	6	this	this	DET
easat-9326	107	7	study	study	NOUN
easat-9326	107	8	shrinks	shrink	VERB
easat-9326	107	9	the	the	DET
easat-9326	107	10	main	main	ADJ
easat-9326	107	11	variables	variable	NOUN
easat-9326	107	12	by	by	ADP
easat-9326	107	13	1%-99	1%-99	NUM
easat-9326	107	14	%	%	NOUN
easat-9326	107	15	and	and	CCONJ
easat-9326	107	16	standardizes	standardize	VERB
easat-9326	107	17	the	the	DET
easat-9326	107	18	sample	sample	NOUN
easat-9326	107	19	period	period	NOUN
easat-9326	107	20	.	.	PUNCT
easat-9326	108	1	4.3	4.3	NUM
easat-9326	108	2	.	.	PUNCT
easat-9326	108	3	model	model	NOUN
easat-9326	108	4	setting	setting	NOUN
easat-9326	108	5	and	and	CCONJ
easat-9326	108	6	research	research	NOUN
easat-9326	108	7	methodology	methodology	NOUN
easat-9326	108	8	to	to	PART
easat-9326	108	9	test	test	VERB
easat-9326	108	10	the	the	DET
easat-9326	108	11	hypotheses	hypothesis	NOUN
easat-9326	108	12	,	,	PUNCT
easat-9326	108	13	the	the	DET
easat-9326	108	14	following	follow	VERB
easat-9326	108	15	regression	regression	NOUN
easat-9326	108	16	models	model	NOUN
easat-9326	108	17	are	be	AUX
easat-9326	108	18	constructed	construct	VERB
easat-9326	108	19	:	:	PUNCT
easat-9326	108	20	(	(	PUNCT
easat-9326	108	21	1	1	X
easat-9326	108	22	)	)	PUNCT
easat-9326	108	23	direct	direct	ADJ
easat-9326	108	24	effect	effect	NOUN
easat-9326	108	25	model	model	NOUN
easat-9326	108	26	:	:	PUNCT
easat-9326	108	27	to	to	PART
easat-9326	108	28	test	test	VERB
easat-9326	108	29	the	the	DET
easat-9326	108	30	impact	impact	NOUN
easat-9326	108	31	of	of	ADP
easat-9326	108	32	esg	esg	NOUN
easat-9326	108	33	on	on	ADP
easat-9326	108	34	corporate	corporate	ADJ
easat-9326	108	35	performance	performance	NOUN
easat-9326	108	36	roait	roait	NOUN
easat-9326	108	37	=	=	NOUN
easat-9326	108	38	α0+α1esgit−1+∑βkcontrolkit+ϕi+γt+εit	α0+α1esgit−1+∑βkcontrolkit+ϕi+γt+εit	VERB
easat-9326	108	39	(	(	PUNCT
easat-9326	108	40	1	1	NUM
easat-9326	108	41	)	)	PUNCT
easat-9326	108	42	if	if	SCONJ
easat-9326	108	43	the	the	DET
easat-9326	108	44	coefficient	coefficient	NOUN
easat-9326	108	45	a1	a1	NOUN
easat-9326	108	46	of	of	ADP
easat-9326	108	47	esg	esg	PROPN
easat-9326	108	48	in	in	ADP
easat-9326	108	49	the	the	DET
easat-9326	108	50	regression	regression	NOUN
easat-9326	108	51	is	be	AUX
easat-9326	108	52	positive	positive	ADJ
easat-9326	108	53	and	and	CCONJ
easat-9326	108	54	statistically	statistically	ADV
easat-9326	108	55	significant	significant	ADJ
easat-9326	108	56	(	(	PUNCT
easat-9326	108	57	e.g.	e.g.	ADV
easat-9326	108	58	,	,	PUNCT
easat-9326	108	59	the	the	DET
easat-9326	108	60	p	p	NOUN
easat-9326	108	61	-	-	PUNCT
easat-9326	108	62	value	value	NOUN
easat-9326	108	63	is	be	AUX
easat-9326	108	64	less	less	ADJ
easat-9326	108	65	than	than	ADP
easat-9326	108	66	0.05	0.05	NUM
easat-9326	108	67	)	)	PUNCT
easat-9326	108	68	,	,	PUNCT
easat-9326	108	69	it	it	PRON
easat-9326	108	70	means	mean	VERB
easat-9326	108	71	that	that	SCONJ
easat-9326	108	72	the	the	PRON
easat-9326	108	73	better	well	ADJ
easat-9326	108	74	the	the	DET
easat-9326	108	75	esg	esg	PROPN
easat-9326	108	76	performance	performance	NOUN
easat-9326	108	77	,	,	PUNCT
easat-9326	108	78	the	the	PRON
easat-9326	108	79	higher	high	ADJ
easat-9326	108	80	the	the	DET
easat-9326	108	81	roa	roa	NOUN
easat-9326	108	82	,	,	PUNCT
easat-9326	108	83	thus	thus	ADV
easat-9326	108	84	testing	test	VERB
easat-9326	108	85	hypothesis	hypothesis	NOUN
easat-9326	108	86	h1	h1	NOUN
easat-9326	108	87	“	"	PUNCT
easat-9326	108	88	esg	esg	PROPN
easat-9326	108	89	is	be	AUX
easat-9326	108	90	positively	positively	ADV
easat-9326	108	91	correlated	correlate	VERB
easat-9326	108	92	with	with	ADP
easat-9326	108	93	firm	firm	ADJ
easat-9326	108	94	performance	performance	NOUN
easat-9326	108	95	”	"	PUNCT
easat-9326	108	96	.	.	PUNCT
easat-9326	109	1	(	(	PUNCT
easat-9326	109	2	2	2	X
easat-9326	109	3	)	)	PUNCT
easat-9326	109	4	mediated	mediate	VERB
easat-9326	109	5	effects	effect	NOUN
easat-9326	109	6	modeling	modeling	NOUN
easat-9326	109	7	:	:	PUNCT
easat-9326	109	8	testing	test	VERB
easat-9326	109	9	the	the	DET
easat-9326	109	10	impact	impact	NOUN
easat-9326	109	11	of	of	ADP
easat-9326	109	12	esg	esg	PROPN
easat-9326	109	13	on	on	ADP
easat-9326	109	14	green	green	ADJ
easat-9326	109	15	innovation	innovation	NOUN
easat-9326	109	16	and	and	CCONJ
easat-9326	109	17	the	the	DET
easat-9326	109	18	impact	impact	NOUN
easat-9326	109	19	of	of	ADP
easat-9326	109	20	green	green	ADJ
easat-9326	109	21	innovation	innovation	NOUN
easat-9326	109	22	on	on	ADP
easat-9326	109	23	performance	performance	NOUN
easat-9326	109	24	giit	giit	NOUN
easat-9326	109	25	=	=	SYM
easat-9326	109	26	μ0+μ1esgit−1+∑θkcontrolkit+ϕi+γt+νit	μ0+μ1esgit−1+∑θkcontrolkit+ϕi+γt+νit	NOUN
easat-9326	109	27	(	(	PUNCT
easat-9326	109	28	2	2	NUM
easat-9326	109	29	)	)	PUNCT
easat-9326	109	30	roait	roait	NOUN
easat-9326	109	31	=	=	NOUN
easat-9326	109	32	λ0+λ1esgit−1+λ2giit+∑δkcontrolkit+ϕi+γt+ζit	λ0+λ1esgit−1+λ2giit+∑δkcontrolkit+ϕi+γt+ζit	NOUN
easat-9326	109	33	(	(	PUNCT
easat-9326	109	34	3	3	NUM
easat-9326	109	35	)	)	PUNCT
easat-9326	109	36	if	if	SCONJ
easat-9326	109	37	μ1>0	μ1>0	NOUN
easat-9326	109	38	and	and	CCONJ
easat-9326	109	39	significant	significant	ADJ
easat-9326	109	40	,	,	PUNCT
easat-9326	109	41	it	it	PRON
easat-9326	109	42	indicates	indicate	VERB
easat-9326	109	43	that	that	SCONJ
easat-9326	109	44	esg	esg	PROPN
easat-9326	109	45	helps	help	VERB
easat-9326	109	46	to	to	PART
easat-9326	109	47	promote	promote	VERB
easat-9326	109	48	green	green	ADJ
easat-9326	109	49	innovation	innovation	NOUN
easat-9326	109	50	,	,	PUNCT
easat-9326	109	51	supporting	support	VERB
easat-9326	109	52	hypothesis	hypothesis	NOUN
easat-9326	109	53	h2	h2	NOUN
easat-9326	109	54	.	.	PUNCT
easat-9326	110	1	if	if	SCONJ
easat-9326	110	2	λ2>0	λ2>0	PROPN
easat-9326	110	3	and	and	CCONJ
easat-9326	110	4	significant	significant	ADJ
easat-9326	110	5	,	,	PUNCT
easat-9326	110	6	it	it	PRON
easat-9326	110	7	means	mean	VERB
easat-9326	110	8	that	that	SCONJ
easat-9326	110	9	green	green	ADJ
easat-9326	110	10	innovation	innovation	NOUN
easat-9326	110	11	can	can	AUX
easat-9326	110	12	significantly	significantly	ADV
easat-9326	110	13	improve	improve	VERB
easat-9326	110	14	firm	firm	ADJ
easat-9326	110	15	performance	performance	NOUN
easat-9326	110	16	,	,	PUNCT
easat-9326	110	17	supporting	support	VERB
easat-9326	110	18	hypothesis	hypothesis	NOUN
easat-9326	110	19	h3	h3	NOUN
easat-9326	110	20	.	.	PUNCT
easat-9326	111	1	further	far	ADV
easat-9326	111	2	,	,	PUNCT
easat-9326	111	3	if	if	SCONJ
easat-9326	111	4	the	the	DET
easat-9326	111	5	coefficient	coefficient	NOUN
easat-9326	111	6	λ1	λ1	PROPN
easat-9326	111	7	of	of	ADP
easat-9326	111	8	esg	esg	PROPN
easat-9326	111	9	becomes	become	VERB
easat-9326	111	10	significantly	significantly	ADV
easat-9326	111	11	smaller	small	ADJ
easat-9326	111	12	or	or	CCONJ
easat-9326	111	13	is	be	AUX
easat-9326	111	14	no	no	ADV
easat-9326	111	15	longer	long	ADV
easat-9326	111	16	significant	significant	ADJ
easat-9326	111	17	compared	compare	VERB
easat-9326	111	18	to	to	ADP
easat-9326	111	19	the	the	DET
easat-9326	111	20	original	original	ADJ
easat-9326	111	21	model	model	NOUN
easat-9326	111	22	after	after	ADP
easat-9326	111	23	the	the	DET
easat-9326	111	24	inclusion	inclusion	NOUN
easat-9326	111	25	of	of	ADP
easat-9326	111	26	the	the	DET
easat-9326	111	27	green	green	ADJ
easat-9326	111	28	innovation	innovation	NOUN
easat-9326	111	29	variable	variable	NOUN
easat-9326	111	30	,	,	PUNCT
easat-9326	111	31	it	it	PRON
easat-9326	111	32	suggests	suggest	VERB
easat-9326	111	33	that	that	SCONJ
easat-9326	111	34	green	green	ADJ
easat-9326	111	35	innovation	innovation	NOUN
easat-9326	111	36	plays	play	VERB
easat-9326	111	37	a	a	DET
easat-9326	111	38	mediating	mediate	VERB
easat-9326	111	39	role	role	NOUN
easat-9326	111	40	between	between	ADP
easat-9326	111	41	esg	esg	NOUN
easat-9326	111	42	and	and	CCONJ
easat-9326	111	43	performance	performance	NOUN
easat-9326	111	44	,	,	PUNCT
easat-9326	111	45	supporting	support	VERB
easat-9326	111	46	hypothesis	hypothesis	NOUN
easat-9326	111	47	h4	h4	NOUN
easat-9326	111	48	.	.	PUNCT
easat-9326	112	1	498	498	NUM
easat-9326	112	2	edelweiss	edelweiss	PROPN
easat-9326	112	3	applied	apply	VERB
easat-9326	112	4	science	science	NOUN
easat-9326	112	5	and	and	CCONJ
easat-9326	112	6	technology	technology	NOUN
easat-9326	112	7	issn	issn	PROPN
easat-9326	112	8	:	:	PUNCT
easat-9326	112	9	2576	2576	NUM
easat-9326	112	10	-	-	SYM
easat-9326	112	11	8484	8484	NUM
easat-9326	112	12	vol	vol	NOUN
easat-9326	112	13	.	.	PROPN
easat-9326	113	1	9	9	NUM
easat-9326	113	2	,	,	PUNCT
easat-9326	113	3	no	no	INTJ
easat-9326	113	4	.	.	NOUN
easat-9326	113	5	8	8	NUM
easat-9326	113	6	:	:	PUNCT
easat-9326	113	7	493	493	NUM
easat-9326	113	8	-	-	SYM
easat-9326	113	9	504	504	NUM
easat-9326	113	10	,	,	PUNCT
easat-9326	113	11	2025	2025	NUM
easat-9326	113	12	doi	doi	NOUN
easat-9326	113	13	:	:	PUNCT
easat-9326	113	14	10.55214/2576	10.55214/2576	NUM
easat-9326	113	15	-	-	SYM
easat-9326	113	16	8484.v9i8.9326	8484.v9i8.9326	NUM
easat-9326	113	17	©	©	PROPN
easat-9326	113	18	2025	2025	NUM
easat-9326	113	19	by	by	ADP
easat-9326	113	20	the	the	DET
easat-9326	113	21	authors	author	NOUN
easat-9326	113	22	;	;	PUNCT
easat-9326	113	23	licensee	licensee	PROPN
easat-9326	113	24	learning	learning	NOUN
easat-9326	113	25	gate	gate	NOUN
easat-9326	113	26	5	5	NUM
easat-9326	113	27	.	.	PUNCT
easat-9326	113	28	empirical	empirical	ADJ
easat-9326	113	29	analysis	analysis	NOUN
easat-9326	113	30	and	and	CCONJ
easat-9326	113	31	discussion	discussion	NOUN
easat-9326	113	32	in	in	ADP
easat-9326	113	33	the	the	DET
easat-9326	113	34	hypothesis	hypothesis	NOUN
easat-9326	113	35	testing	testing	NOUN
easat-9326	113	36	,	,	PUNCT
easat-9326	113	37	we	we	PRON
easat-9326	113	38	obtained	obtain	VERB
easat-9326	113	39	the	the	DET
easat-9326	113	40	following	follow	VERB
easat-9326	113	41	main	main	ADJ
easat-9326	113	42	results	result	NOUN
easat-9326	113	43	from	from	ADP
easat-9326	113	44	the	the	DET
easat-9326	113	45	regression	regression	NOUN
easat-9326	113	46	analysis	analysis	NOUN
easat-9326	113	47	.	.	PUNCT
easat-9326	114	1	5.1	5.1	NUM
easat-9326	114	2	.	.	PUNCT
easat-9326	115	1	descriptive	descriptive	ADJ
easat-9326	115	2	statistics	statistic	NOUN
easat-9326	115	3	in	in	ADP
easat-9326	115	4	order	order	NOUN
easat-9326	115	5	to	to	PART
easat-9326	115	6	guarantee	guarantee	VERB
easat-9326	115	7	the	the	DET
easat-9326	115	8	accuracy	accuracy	NOUN
easat-9326	115	9	and	and	CCONJ
easat-9326	115	10	reliability	reliability	NOUN
easat-9326	115	11	of	of	ADP
easat-9326	115	12	the	the	DET
easat-9326	115	13	research	research	NOUN
easat-9326	115	14	results	result	NOUN
easat-9326	115	15	,	,	PUNCT
easat-9326	115	16	outliers	outlier	NOUN
easat-9326	115	17	that	that	PRON
easat-9326	115	18	might	might	AUX
easat-9326	115	19	interfere	interfere	VERB
easat-9326	115	20	with	with	ADP
easat-9326	115	21	the	the	DET
easat-9326	115	22	regression	regression	NOUN
easat-9326	115	23	results	result	NOUN
easat-9326	115	24	were	be	AUX
easat-9326	115	25	identified	identify	VERB
easat-9326	115	26	and	and	CCONJ
easat-9326	115	27	excluded	exclude	VERB
easat-9326	115	28	during	during	ADP
easat-9326	115	29	the	the	DET
easat-9326	115	30	data	datum	NOUN
easat-9326	115	31	processing	processing	NOUN
easat-9326	115	32	.	.	PUNCT
easat-9326	116	1	table	table	NOUN
easat-9326	116	2	2	2	NUM
easat-9326	116	3	.	.	PUNCT
easat-9326	116	4	descriptive	descriptive	ADJ
easat-9326	116	5	statistics	statistic	NOUN
easat-9326	116	6	.	.	PUNCT
easat-9326	117	1	variable	variable	ADJ
easat-9326	117	2	obs	obs	PROPN
easat-9326	117	3	mean	mean	VERB
easat-9326	117	4	std	std	PROPN
easat-9326	117	5	.	.	PROPN
easat-9326	118	1	dev	dev	PROPN
easat-9326	118	2	.	.	PUNCT
easat-9326	119	1	min	min	PROPN
easat-9326	119	2	max	max	PROPN
easat-9326	119	3	roa	roa	PROPN
easat-9326	119	4	7897	7897	NUM
easat-9326	119	5	.044	.044	NUM
easat-9326	119	6	0.121	0.121	NUM
easat-9326	119	7	-2.071	-2.071	NOUN
easat-9326	119	8	7.445	7.445	NUM
easat-9326	119	9	esg	esg	NOUN
easat-9326	119	10	7897	7897	NUM
easat-9326	119	11	.003	.003	NUM
easat-9326	119	12	0.001	0.001	NUM
easat-9326	119	13	0.001	0.001	NUM
easat-9326	119	14	0.008	0.008	NUM
easat-9326	119	15	size	size	NOUN
easat-9326	119	16	7897	7897	NUM
easat-9326	119	17	23.375	23.375	NUM
easat-9326	119	18	1.272	1.272	NUM
easat-9326	119	19	19.198	19.198	NUM
easat-9326	119	20	28.644	28.644	NUM
easat-9326	119	21	staffs	staff	NOUN
easat-9326	119	22	7897	7897	NUM
easat-9326	119	23	6.688	6.688	NUM
easat-9326	119	24	1.988	1.988	NUM
easat-9326	119	25	0	0	NUM
easat-9326	119	26	13.14	13.14	NUM
easat-9326	119	27	age	age	NOUN
easat-9326	119	28	7897	7897	NUM
easat-9326	119	29	20.611	20.611	NUM
easat-9326	119	30	5.938	5.938	NUM
easat-9326	119	31	4	4	NUM
easat-9326	119	32	54	54	NUM
easat-9326	119	33	tangible	tangible	ADJ
easat-9326	119	34	7897	7897	NUM
easat-9326	119	35	0.949	0.949	NUM
easat-9326	119	36	.063	.063	NUM
easat-9326	119	37	0.339	0.339	NUM
easat-9326	119	38	1	1	NUM
easat-9326	119	39	salesgrowth	salesgrowth	NOUN
easat-9326	119	40	7897	7897	NUM
easat-9326	119	41	0.248	0.248	NUM
easat-9326	119	42	2.779	2.779	NUM
easat-9326	119	43	-0.875	-0.875	NUM
easat-9326	119	44	171.745	171.745	NUM
easat-9326	119	45	patents	patent	NOUN
easat-9326	119	46	7897	7897	NUM
easat-9326	119	47	0.884	0.884	NUM
easat-9326	119	48	1.811	1.811	NUM
easat-9326	119	49	0	0	NUM
easat-9326	119	50	9.503	9.503	NUM
easat-9326	119	51	table	table	NOUN
easat-9326	119	52	2	2	NUM
easat-9326	119	53	presents	present	VERB
easat-9326	119	54	the	the	DET
easat-9326	119	55	descriptive	descriptive	ADJ
easat-9326	119	56	statistics	statistic	NOUN
easat-9326	119	57	of	of	ADP
easat-9326	119	58	key	key	ADJ
easat-9326	119	59	variables	variable	NOUN
easat-9326	119	60	.	.	PUNCT
easat-9326	120	1	the	the	DET
easat-9326	120	2	mean	mean	ADJ
easat-9326	120	3	roa	roa	PROPN
easat-9326	120	4	is	be	AUX
easat-9326	120	5	0.044	0.044	NUM
easat-9326	120	6	with	with	ADP
easat-9326	120	7	a	a	DET
easat-9326	120	8	standard	standard	ADJ
easat-9326	120	9	deviation	deviation	NOUN
easat-9326	120	10	of	of	ADP
easat-9326	120	11	0.121	0.121	NUM
easat-9326	120	12	,	,	PUNCT
easat-9326	120	13	indicating	indicate	VERB
easat-9326	120	14	generally	generally	ADV
easat-9326	120	15	low	low	ADJ
easat-9326	120	16	profitability	profitability	NOUN
easat-9326	120	17	among	among	ADP
easat-9326	120	18	firms	firm	NOUN
easat-9326	120	19	with	with	ADP
easat-9326	120	20	considerable	considerable	ADJ
easat-9326	120	21	variation	variation	NOUN
easat-9326	120	22	.	.	PUNCT
easat-9326	121	1	esg	esg	NOUN
easat-9326	121	2	scores	score	NOUN
easat-9326	121	3	show	show	VERB
easat-9326	121	4	a	a	DET
easat-9326	121	5	narrow	narrow	ADJ
easat-9326	121	6	range	range	NOUN
easat-9326	121	7	and	and	CCONJ
easat-9326	121	8	low	low	ADJ
easat-9326	121	9	variability	variability	NOUN
easat-9326	121	10	,	,	PUNCT
easat-9326	121	11	suggesting	suggest	VERB
easat-9326	121	12	limited	limited	ADJ
easat-9326	121	13	differentiation	differentiation	NOUN
easat-9326	121	14	in	in	ADP
easat-9326	121	15	esg	esg	PROPN
easat-9326	121	16	performance	performance	NOUN
easat-9326	121	17	across	across	ADP
easat-9326	121	18	the	the	DET
easat-9326	121	19	sample	sample	NOUN
easat-9326	121	20	.	.	PUNCT
easat-9326	122	1	firm	firm	ADJ
easat-9326	122	2	size	size	NOUN
easat-9326	122	3	and	and	CCONJ
easat-9326	122	4	age	age	NOUN
easat-9326	122	5	vary	vary	VERB
easat-9326	122	6	widely	widely	ADV
easat-9326	122	7	,	,	PUNCT
easat-9326	122	8	reflecting	reflect	VERB
easat-9326	122	9	heterogeneity	heterogeneity	NOUN
easat-9326	122	10	in	in	ADP
easat-9326	122	11	firm	firm	ADJ
easat-9326	122	12	characteristics	characteristic	NOUN
easat-9326	122	13	.	.	PUNCT
easat-9326	123	1	sales	sale	NOUN
easat-9326	123	2	growth	growth	NOUN
easat-9326	123	3	and	and	CCONJ
easat-9326	123	4	patent	patent	NOUN
easat-9326	123	5	applications	application	NOUN
easat-9326	123	6	exhibit	exhibit	VERB
easat-9326	123	7	large	large	ADJ
easat-9326	123	8	standard	standard	ADJ
easat-9326	123	9	deviations	deviation	NOUN
easat-9326	123	10	and	and	CCONJ
easat-9326	123	11	extreme	extreme	ADJ
easat-9326	123	12	values	value	NOUN
easat-9326	123	13	,	,	PUNCT
easat-9326	123	14	implying	imply	VERB
easat-9326	123	15	the	the	DET
easat-9326	123	16	presence	presence	NOUN
easat-9326	123	17	of	of	ADP
easat-9326	123	18	outliers	outlier	NOUN
easat-9326	123	19	.	.	PUNCT
easat-9326	124	1	overall	overall	ADV
easat-9326	124	2	,	,	PUNCT
easat-9326	124	3	the	the	DET
easat-9326	124	4	data	datum	NOUN
easat-9326	124	5	reveal	reveal	VERB
easat-9326	124	6	substantial	substantial	ADJ
easat-9326	124	7	variation	variation	NOUN
easat-9326	124	8	in	in	ADP
easat-9326	124	9	firm	firm	ADJ
easat-9326	124	10	performance	performance	NOUN
easat-9326	124	11	,	,	PUNCT
easat-9326	124	12	innovation	innovation	NOUN
easat-9326	124	13	activity	activity	NOUN
easat-9326	124	14	,	,	PUNCT
easat-9326	124	15	and	and	CCONJ
easat-9326	124	16	financial	financial	ADJ
easat-9326	124	17	attributes	attribute	NOUN
easat-9326	124	18	,	,	PUNCT
easat-9326	124	19	supporting	support	VERB
easat-9326	124	20	the	the	DET
easat-9326	124	21	suitability	suitability	NOUN
easat-9326	124	22	of	of	ADP
easat-9326	124	23	panel	panel	NOUN
easat-9326	124	24	regression	regression	NOUN
easat-9326	124	25	analysis	analysis	NOUN
easat-9326	124	26	.	.	PUNCT
easat-9326	125	1	variables	variable	NOUN
easat-9326	125	2	with	with	ADP
easat-9326	125	3	high	high	ADJ
easat-9326	125	4	skewness	skewness	NOUN
easat-9326	125	5	,	,	PUNCT
easat-9326	125	6	such	such	ADJ
easat-9326	125	7	as	as	ADP
easat-9326	125	8	roa	roa	NOUN
easat-9326	125	9	and	and	CCONJ
easat-9326	125	10	sales	sale	NOUN
easat-9326	125	11	growth	growth	NOUN
easat-9326	125	12	,	,	PUNCT
easat-9326	125	13	may	may	AUX
easat-9326	125	14	require	require	VERB
easat-9326	125	15	log	log	NOUN
easat-9326	125	16	transformation	transformation	NOUN
easat-9326	125	17	or	or	CCONJ
easat-9326	125	18	winsorization	winsorization	NOUN
easat-9326	125	19	in	in	ADP
easat-9326	125	20	the	the	DET
easat-9326	125	21	empirical	empirical	ADJ
easat-9326	125	22	model	model	NOUN
easat-9326	125	23	to	to	PART
easat-9326	125	24	ensure	ensure	VERB
easat-9326	125	25	robust	robust	ADJ
easat-9326	125	26	estimation	estimation	NOUN
easat-9326	125	27	.	.	PUNCT
easat-9326	126	1	table	table	NOUN
easat-9326	126	2	3	3	NUM
easat-9326	126	3	.	.	X
easat-9326	126	4	matrix	matrix	NOUN
easat-9326	126	5	of	of	ADP
easat-9326	126	6	correlations	correlation	NOUN
easat-9326	126	7	.	.	PUNCT
easat-9326	127	1	5.2	5.2	NUM
easat-9326	127	2	.	.	PUNCT
easat-9326	128	1	correlation	correlation	NOUN
easat-9326	128	2	analysis	analysis	NOUN
easat-9326	128	3	table	table	NOUN
easat-9326	128	4	3	3	NUM
easat-9326	128	5	reports	report	VERB
easat-9326	128	6	the	the	DET
easat-9326	128	7	pairwise	pairwise	NOUN
easat-9326	128	8	correlation	correlation	NOUN
easat-9326	128	9	coefficients	coefficient	NOUN
easat-9326	128	10	among	among	ADP
easat-9326	128	11	the	the	DET
easat-9326	128	12	key	key	ADJ
easat-9326	128	13	variables	variable	NOUN
easat-9326	128	14	.	.	PUNCT
easat-9326	129	1	the	the	DET
easat-9326	129	2	correlation	correlation	NOUN
easat-9326	129	3	between	between	ADP
easat-9326	129	4	esg	esg	PROPN
easat-9326	129	5	and	and	CCONJ
easat-9326	129	6	roa	roa	NOUN
easat-9326	129	7	is	be	AUX
easat-9326	129	8	positive	positive	ADJ
easat-9326	129	9	(	(	PUNCT
easat-9326	129	10	0.038	0.038	NUM
easat-9326	129	11	)	)	PUNCT
easat-9326	129	12	,	,	PUNCT
easat-9326	129	13	indicating	indicate	VERB
easat-9326	129	14	a	a	DET
easat-9326	129	15	slight	slight	ADJ
easat-9326	129	16	direct	direct	ADJ
easat-9326	129	17	relationship	relationship	NOUN
easat-9326	129	18	between	between	ADP
easat-9326	129	19	esg	esg	PROPN
easat-9326	129	20	performance	performance	NOUN
easat-9326	129	21	and	and	CCONJ
easat-9326	129	22	firm	firm	ADJ
easat-9326	129	23	profitability	profitability	NOUN
easat-9326	129	24	.	.	PUNCT
easat-9326	130	1	esg	esg	PROPN
easat-9326	130	2	is	be	AUX
easat-9326	130	3	moderately	moderately	ADV
easat-9326	130	4	correlated	correlate	VERB
easat-9326	130	5	with	with	ADP
easat-9326	130	6	firm	firm	ADJ
easat-9326	130	7	size	size	NOUN
easat-9326	130	8	(	(	PUNCT
easat-9326	130	9	0.453	0.453	NUM
easat-9326	130	10	)	)	PUNCT
easat-9326	130	11	,	,	PUNCT
easat-9326	130	12	suggesting	suggest	VERB
easat-9326	130	13	that	that	SCONJ
easat-9326	130	14	larger	large	ADJ
easat-9326	130	15	firms	firm	NOUN
easat-9326	130	16	tend	tend	VERB
easat-9326	130	17	to	to	PART
easat-9326	130	18	have	have	VERB
easat-9326	130	19	better	well	ADJ
easat-9326	130	20	esg	esg	NOUN
easat-9326	130	21	scores	score	NOUN
easat-9326	130	22	.	.	PUNCT
easat-9326	131	1	patent	patent	NOUN
easat-9326	131	2	applications	application	NOUN
easat-9326	131	3	are	be	AUX
easat-9326	131	4	positively	positively	ADV
easat-9326	131	5	associated	associate	VERB
easat-9326	131	6	with	with	ADP
easat-9326	131	7	esg	esg	PROPN
easat-9326	131	8	(	(	PUNCT
easat-9326	131	9	0.146	0.146	NUM
easat-9326	131	10	)	)	PUNCT
easat-9326	131	11	and	and	CCONJ
easat-9326	131	12	firm	firm	ADJ
easat-9326	131	13	size	size	NOUN
easat-9326	131	14	(	(	PUNCT
easat-9326	131	15	0.169	0.169	NUM
easat-9326	131	16	)	)	PUNCT
easat-9326	131	17	,	,	PUNCT
easat-9326	131	18	implying	imply	VERB
easat-9326	131	19	that	that	SCONJ
easat-9326	131	20	esg	esg	NOUN
easat-9326	131	21	-	-	PUNCT
easat-9326	131	22	oriented	orient	VERB
easat-9326	131	23	and	and	CCONJ
easat-9326	131	24	larger	large	ADJ
easat-9326	131	25	firms	firm	NOUN
easat-9326	131	26	are	be	AUX
easat-9326	131	27	more	more	ADV
easat-9326	131	28	active	active	ADJ
easat-9326	131	29	in	in	ADP
easat-9326	131	30	green	green	ADJ
easat-9326	131	31	innovation	innovation	NOUN
easat-9326	131	32	.	.	PUNCT
easat-9326	132	1	all	all	DET
easat-9326	132	2	correlation	correlation	NOUN
easat-9326	132	3	coefficients	coefficient	NOUN
easat-9326	132	4	are	be	AUX
easat-9326	132	5	below	below	ADP
easat-9326	132	6	0.5	0.5	NUM
easat-9326	132	7	,	,	PUNCT
easat-9326	132	8	indicating	indicate	VERB
easat-9326	132	9	no	no	DET
easat-9326	132	10	serious	serious	ADJ
easat-9326	132	11	multicollinearity	multicollinearity	NOUN
easat-9326	132	12	concerns	concern	NOUN
easat-9326	132	13	,	,	PUNCT
easat-9326	132	14	which	which	PRON
easat-9326	132	15	supports	support	VERB
easat-9326	132	16	the	the	DET
easat-9326	132	17	reliability	reliability	NOUN
easat-9326	132	18	of	of	ADP
easat-9326	132	19	subsequent	subsequent	ADJ
easat-9326	132	20	regression	regression	NOUN
easat-9326	132	21	analyses	analysis	NOUN
easat-9326	132	22	.	.	PUNCT
easat-9326	133	1	variables	variable	NOUN
easat-9326	133	2	(	(	PUNCT
easat-9326	133	3	1	1	NUM
easat-9326	133	4	)	)	PUNCT
easat-9326	133	5	(	(	PUNCT
easat-9326	133	6	2	2	NUM
easat-9326	133	7	)	)	PUNCT
easat-9326	133	8	(	(	PUNCT
easat-9326	133	9	3	3	X
easat-9326	133	10	)	)	PUNCT
easat-9326	133	11	(	(	PUNCT
easat-9326	133	12	4	4	NUM
easat-9326	133	13	)	)	PUNCT
easat-9326	133	14	(	(	PUNCT
easat-9326	133	15	5	5	NUM
easat-9326	133	16	)	)	PUNCT
easat-9326	133	17	(	(	PUNCT
easat-9326	133	18	6	6	NUM
easat-9326	133	19	)	)	PUNCT
easat-9326	133	20	(	(	PUNCT
easat-9326	133	21	7	7	NUM
easat-9326	133	22	)	)	PUNCT
easat-9326	133	23	(	(	PUNCT
easat-9326	133	24	8)	8)	NUM
easat-9326	133	25	(	(	PUNCT
easat-9326	133	26	1	1	NUM
easat-9326	133	27	)	)	PUNCT
easat-9326	133	28	roa	roa	NOUN
easat-9326	133	29	1.000	1.000	NUM
easat-9326	133	30	(	(	PUNCT
easat-9326	133	31	2	2	NUM
easat-9326	133	32	)	)	PUNCT
easat-9326	133	33	esg	esg	NOUN
easat-9326	133	34	0.038	0.038	NUM
easat-9326	133	35	1.000	1.000	NUM
easat-9326	133	36	(	(	PUNCT
easat-9326	133	37	3	3	NUM
easat-9326	133	38	)	)	PUNCT
easat-9326	133	39	size	size	NOUN
easat-9326	133	40	-0.046	-0.046	VERB
easat-9326	133	41	0.453	0.453	NUM
easat-9326	133	42	1.000	1.000	NUM
easat-9326	133	43	(	(	PUNCT
easat-9326	133	44	4	4	NUM
easat-9326	133	45	)	)	PUNCT
easat-9326	133	46	staffs	staff	NOUN
easat-9326	133	47	0.054	0.054	NUM
easat-9326	133	48	0.082	0.082	NUM
easat-9326	133	49	0.191	0.191	NUM
easat-9326	133	50	1.000	1.000	NUM
easat-9326	133	51	(	(	PUNCT
easat-9326	133	52	5	5	NUM
easat-9326	133	53	)	)	PUNCT
easat-9326	133	54	age	age	NOUN
easat-9326	133	55	-0.050	-0.050	NUM
easat-9326	133	56	0.224	0.224	NUM
easat-9326	133	57	0.112	0.112	NUM
easat-9326	133	58	-0.106	-0.106	NUM
easat-9326	133	59	1.000	1.000	NUM
easat-9326	133	60	(	(	PUNCT
easat-9326	133	61	6	6	NUM
easat-9326	133	62	)	)	PUNCT
easat-9326	133	63	tangible	tangible	ADJ
easat-9326	133	64	0.046	0.046	NUM
easat-9326	133	65	-0.013	-0.013	X
easat-9326	133	66	-0.064	-0.064	X
easat-9326	133	67	0.000	0.000	NUM
easat-9326	133	68	-0.003	-0.003	NOUN
easat-9326	133	69	1.000	1.000	NUM
easat-9326	133	70	(	(	PUNCT
easat-9326	133	71	7	7	NUM
easat-9326	133	72	)	)	PUNCT
easat-9326	133	73	salesgrowth	salesgrowth	NOUN
easat-9326	133	74	0.035	0.035	NUM
easat-9326	133	75	0.011	0.011	NUM
easat-9326	133	76	0.015	0.015	NUM
easat-9326	133	77	-0.032	-0.032	ADP
easat-9326	133	78	-0.027	-0.027	PUNCT
easat-9326	133	79	-0.001	-0.001	PUNCT
easat-9326	133	80	1.000	1.000	NUM
easat-9326	133	81	(	(	PUNCT
easat-9326	133	82	8)	8)	NUM
easat-9326	133	83	patents	patent	NOUN
easat-9326	133	84	-0.006	-0.006	VERB
easat-9326	133	85	0.146	0.146	NUM
easat-9326	133	86	0.169	0.169	NUM
easat-9326	133	87	0.069	0.069	NUM
easat-9326	133	88	-0.040	-0.040	NUM
easat-9326	133	89	-0.005	-0.005	PUNCT
easat-9326	133	90	0.015	0.015	NUM
easat-9326	133	91	1.000	1.000	NUM
easat-9326	133	92	499	499	NUM
easat-9326	133	93	edelweiss	edelweiss	PROPN
easat-9326	133	94	applied	apply	VERB
easat-9326	133	95	science	science	NOUN
easat-9326	133	96	and	and	CCONJ
easat-9326	133	97	technology	technology	NOUN
easat-9326	133	98	issn	issn	PROPN
easat-9326	133	99	:	:	PUNCT
easat-9326	133	100	2576	2576	NUM
easat-9326	133	101	-	-	SYM
easat-9326	133	102	8484	8484	NUM
easat-9326	133	103	vol	vol	NOUN
easat-9326	133	104	.	.	PROPN
easat-9326	134	1	9	9	NUM
easat-9326	134	2	,	,	PUNCT
easat-9326	134	3	no	no	INTJ
easat-9326	134	4	.	.	NOUN
easat-9326	134	5	8	8	NUM
easat-9326	134	6	:	:	PUNCT
easat-9326	134	7	493	493	NUM
easat-9326	134	8	-	-	SYM
easat-9326	134	9	504	504	NUM
easat-9326	134	10	,	,	PUNCT
easat-9326	134	11	2025	2025	NUM
easat-9326	134	12	doi	doi	NOUN
easat-9326	134	13	:	:	PUNCT
easat-9326	134	14	10.55214/2576	10.55214/2576	NUM
easat-9326	134	15	-	-	SYM
easat-9326	134	16	8484.v9i8.9326	8484.v9i8.9326	NUM
easat-9326	134	17	©	©	PROPN
easat-9326	134	18	2025	2025	NUM
easat-9326	134	19	by	by	ADP
easat-9326	134	20	the	the	DET
easat-9326	134	21	authors	author	NOUN
easat-9326	134	22	;	;	PUNCT
easat-9326	134	23	licensee	licensee	PROPN
easat-9326	134	24	learning	learning	NOUN
easat-9326	134	25	gate	gate	VERB
easat-9326	134	26	5.3	5.3	NUM
easat-9326	134	27	.	.	PUNCT
easat-9326	135	1	benchmark	benchmark	NOUN
easat-9326	135	2	regression	regression	NOUN
easat-9326	135	3	table	table	NOUN
easat-9326	135	4	4	4	NUM
easat-9326	135	5	.	.	PUNCT
easat-9326	135	6	benchmark	benchmark	NOUN
easat-9326	135	7	regression	regression	NOUN
easat-9326	135	8	result	result	NOUN
easat-9326	135	9	.	.	PUNCT
easat-9326	136	1	(	(	PUNCT
easat-9326	136	2	1	1	X
easat-9326	136	3	)	)	PUNCT
easat-9326	136	4	(	(	PUNCT
easat-9326	136	5	2	2	NUM
easat-9326	136	6	)	)	PUNCT
easat-9326	136	7	(	(	PUNCT
easat-9326	136	8	3	3	X
easat-9326	136	9	)	)	PUNCT
easat-9326	136	10	(	(	PUNCT
easat-9326	136	11	4	4	NUM
easat-9326	136	12	)	)	PUNCT
easat-9326	136	13	(	(	PUNCT
easat-9326	136	14	5	5	X
easat-9326	136	15	)	)	PUNCT
easat-9326	136	16	roa	roa	PROPN
easat-9326	136	17	roa	roa	PROPN
easat-9326	136	18	roa	roa	PROPN
easat-9326	136	19	roa	roa	PROPN
easat-9326	136	20	roa	roa	PROPN
easat-9326	136	21	esg	esg	PROPN
easat-9326	136	22	4.935	4.935	NUM
easat-9326	136	23	*	*	SYM
easat-9326	136	24	6.812	6.812	NUM
easat-9326	136	25	*	*	SYM
easat-9326	136	26	*	*	PUNCT
easat-9326	136	27	(	(	PUNCT
easat-9326	136	28	1.67	1.67	NUM
easat-9326	136	29	)	)	PUNCT
easat-9326	136	30	(	(	PUNCT
easat-9326	136	31	2.28	2.28	NUM
easat-9326	136	32	)	)	PUNCT
easat-9326	136	33	2014.year	2014.year	NOUN
easat-9326	137	1	0.000	0.000	NUM
easat-9326	137	2	0.000	0.000	NUM
easat-9326	137	3	0.000	0.000	NUM
easat-9326	137	4	0.000	0.000	NUM
easat-9326	137	5	0.000	0.000	NUM
easat-9326	137	6	(	(	PUNCT
easat-9326	137	7	.	.	PUNCT
easat-9326	137	8	)	)	PUNCT
easat-9326	138	1	(	(	PUNCT
easat-9326	138	2	.	.	PUNCT
easat-9326	138	3	)	)	PUNCT
easat-9326	139	1	(	(	PUNCT
easat-9326	139	2	.	.	PUNCT
easat-9326	139	3	)	)	PUNCT
easat-9326	140	1	(	(	PUNCT
easat-9326	140	2	.	.	PUNCT
easat-9326	140	3	)	)	PUNCT
easat-9326	141	1	(	(	PUNCT
easat-9326	141	2	.	.	PUNCT
easat-9326	141	3	)	)	PUNCT
easat-9326	141	4	2015.year	2015.year	NUM
easat-9326	142	1	-0.012	-0.012	PUNCT
easat-9326	142	2	*	*	PUNCT
easat-9326	142	3	*	*	PUNCT
easat-9326	142	4	-0.010	-0.010	PROPN
easat-9326	142	5	*	*	PUNCT
easat-9326	142	6	-0.007	-0.007	PROPN
easat-9326	142	7	-0.007	-0.007	X
easat-9326	142	8	-0.006	-0.006	PROPN
easat-9326	142	9	(	(	PUNCT
easat-9326	142	10	-1.97	-1.97	NOUN
easat-9326	142	11	)	)	PUNCT
easat-9326	142	12	(	(	PUNCT
easat-9326	142	13	-1.76	-1.76	NUM
easat-9326	142	14	)	)	PUNCT
easat-9326	142	15	(	(	PUNCT
easat-9326	142	16	-1.16	-1.16	NOUN
easat-9326	142	17	)	)	PUNCT
easat-9326	142	18	(	(	PUNCT
easat-9326	142	19	-1.28	-1.28	X
easat-9326	142	20	)	)	PUNCT
easat-9326	142	21	(	(	PUNCT
easat-9326	142	22	-0.90	-0.90	X
easat-9326	142	23	)	)	PUNCT
easat-9326	142	24	2016.year	2016.year	NOUN
easat-9326	142	25	0.005	0.005	NUM
easat-9326	142	26	0.010	0.010	NUM
easat-9326	142	27	*	*	SYM
easat-9326	142	28	0.013	0.013	NUM
easat-9326	142	29	*	*	X
easat-9326	142	30	*	*	PROPN
easat-9326	142	31	0.012	0.012	NUM
easat-9326	142	32	*	*	X
easat-9326	142	33	*	*	PUNCT
easat-9326	142	34	0.013	0.013	NUM
easat-9326	142	35	*	*	NOUN
easat-9326	142	36	*	*	PUNCT
easat-9326	142	37	(	(	PUNCT
easat-9326	142	38	0.82	0.82	NUM
easat-9326	142	39	)	)	PUNCT
easat-9326	142	40	(	(	PUNCT
easat-9326	142	41	1.80	1.80	NUM
easat-9326	142	42	)	)	PUNCT
easat-9326	142	43	(	(	PUNCT
easat-9326	142	44	2.50	2.50	NUM
easat-9326	142	45	)	)	PUNCT
easat-9326	142	46	(	(	PUNCT
easat-9326	142	47	2.33	2.33	NUM
easat-9326	142	48	)	)	PUNCT
easat-9326	142	49	(	(	PUNCT
easat-9326	142	50	2.00	2.00	NUM
easat-9326	142	51	)	)	PUNCT
easat-9326	142	52	2017.year	2017.year	ADV
easat-9326	142	53	0.005	0.005	NUM
easat-9326	142	54	0.013	0.013	NUM
easat-9326	142	55	*	*	PUNCT
easat-9326	142	56	*	*	X
easat-9326	143	1	0.016	0.016	NUM
easat-9326	143	2	*	*	PUNCT
easat-9326	143	3	*	*	PUNCT
easat-9326	143	4	*	*	PUNCT
easat-9326	143	5	0.015	0.015	NUM
easat-9326	143	6	*	*	PUNCT
easat-9326	143	7	*	*	PUNCT
easat-9326	143	8	*	*	PUNCT
easat-9326	143	9	0.015	0.015	NUM
easat-9326	143	10	*	*	PUNCT
easat-9326	143	11	*	*	PUNCT
easat-9326	143	12	(	(	PUNCT
easat-9326	143	13	0.82	0.82	NUM
easat-9326	143	14	)	)	PUNCT
easat-9326	143	15	(	(	PUNCT
easat-9326	143	16	2.51	2.51	NUM
easat-9326	143	17	)	)	PUNCT
easat-9326	143	18	(	(	PUNCT
easat-9326	143	19	3.08	3.08	NUM
easat-9326	143	20	)	)	PUNCT
easat-9326	143	21	(	(	PUNCT
easat-9326	143	22	3.00	3.00	NUM
easat-9326	143	23	)	)	PUNCT
easat-9326	143	24	(	(	PUNCT
easat-9326	143	25	2.53	2.53	NUM
easat-9326	143	26	)	)	PUNCT
easat-9326	143	27	2018.year	2018.year	NOUN
easat-9326	143	28	-0.006	-0.006	PROPN
easat-9326	143	29	0.005	0.005	NUM
easat-9326	143	30	0.008	0.008	NUM
easat-9326	143	31	0.007	0.007	NUM
easat-9326	143	32	0.007	0.007	NUM
easat-9326	143	33	(	(	PUNCT
easat-9326	143	34	-0.91	-0.91	NOUN
easat-9326	143	35	)	)	PUNCT
easat-9326	143	36	(	(	PUNCT
easat-9326	143	37	1.00	1.00	NUM
easat-9326	143	38	)	)	PUNCT
easat-9326	143	39	(	(	PUNCT
easat-9326	143	40	1.50	1.50	NUM
easat-9326	143	41	)	)	PUNCT
easat-9326	143	42	(	(	PUNCT
easat-9326	143	43	1.31	1.31	NUM
easat-9326	143	44	)	)	PUNCT
easat-9326	143	45	(	(	PUNCT
easat-9326	143	46	1.22	1.22	NUM
easat-9326	143	47	)	)	PUNCT
easat-9326	143	48	2019.year	2019.year	NUM
easat-9326	143	49	-0.014	-0.014	NOUN
easat-9326	143	50	*	*	PUNCT
easat-9326	143	51	*	*	PUNCT
easat-9326	143	52	0.000	0.000	NUM
easat-9326	143	53	0.002	0.002	NUM
easat-9326	143	54	0.001	0.001	NUM
easat-9326	143	55	0.001	0.001	NUM
easat-9326	143	56	(	(	PUNCT
easat-9326	143	57	-2.06	-2.06	NOUN
easat-9326	143	58	)	)	PUNCT
easat-9326	143	59	(	(	PUNCT
easat-9326	143	60	0.10	0.10	NUM
easat-9326	143	61	)	)	PUNCT
easat-9326	143	62	(	(	PUNCT
easat-9326	143	63	0.49	0.49	NUM
easat-9326	143	64	)	)	PUNCT
easat-9326	143	65	(	(	PUNCT
easat-9326	143	66	0.27	0.27	NUM
easat-9326	143	67	)	)	PUNCT
easat-9326	143	68	(	(	PUNCT
easat-9326	143	69	0.26	0.26	NUM
easat-9326	143	70	)	)	PUNCT
easat-9326	143	71	2020.year	2020.year	NOUN
easat-9326	143	72	-0.015	-0.015	PUNCT
easat-9326	143	73	*	*	PUNCT
easat-9326	143	74	*	*	NOUN
easat-9326	143	75	0.002	0.002	NUM
easat-9326	143	76	0.004	0.004	NUM
easat-9326	143	77	0.003	0.003	NUM
easat-9326	143	78	0.003	0.003	NUM
easat-9326	143	79	(	(	PUNCT
easat-9326	143	80	-2.09	-2.09	NUM
easat-9326	143	81	)	)	PUNCT
easat-9326	143	82	(	(	PUNCT
easat-9326	143	83	0.49	0.49	NUM
easat-9326	143	84	)	)	PUNCT
easat-9326	143	85	(	(	PUNCT
easat-9326	143	86	0.78	0.78	NUM
easat-9326	143	87	)	)	PUNCT
easat-9326	143	88	(	(	PUNCT
easat-9326	143	89	0.54	0.54	NUM
easat-9326	143	90	)	)	PUNCT
easat-9326	143	91	(	(	PUNCT
easat-9326	143	92	0.51	0.51	NUM
easat-9326	143	93	)	)	PUNCT
easat-9326	143	94	2021.year	2021.year	NOUN
easat-9326	143	95	-0.007	-0.007	PUNCT
easat-9326	143	96	0.012	0.012	NUM
easat-9326	143	97	*	*	X
easat-9326	143	98	*	*	PUNCT
easat-9326	143	99	0.014	0.014	NUM
easat-9326	143	100	*	*	PUNCT
easat-9326	143	101	*	*	PUNCT
easat-9326	143	102	*	*	PUNCT
easat-9326	143	103	0.013	0.013	NUM
easat-9326	143	104	*	*	X
easat-9326	143	105	*	*	PUNCT
easat-9326	143	106	0.014	0.014	NUM
easat-9326	143	107	*	*	NOUN
easat-9326	143	108	*	*	PUNCT
easat-9326	143	109	(	(	PUNCT
easat-9326	143	110	-0.93	-0.93	NOUN
easat-9326	143	111	)	)	PUNCT
easat-9326	143	112	(	(	PUNCT
easat-9326	143	113	2.32	2.32	NUM
easat-9326	143	114	)	)	PUNCT
easat-9326	143	115	(	(	PUNCT
easat-9326	143	116	2.60	2.60	NUM
easat-9326	143	117	)	)	PUNCT
easat-9326	143	118	(	(	PUNCT
easat-9326	143	119	2.56	2.56	NUM
easat-9326	143	120	)	)	PUNCT
easat-9326	143	121	(	(	PUNCT
easat-9326	143	122	2.52	2.52	NUM
easat-9326	143	123	)	)	PUNCT
easat-9326	143	124	2022.year	2022.year	NOUN
easat-9326	143	125	-0.015	-0.015	PUNCT
easat-9326	143	126	*	*	PROPN
easat-9326	143	127	0.007	0.007	NUM
easat-9326	143	128	0.008	0.008	NUM
easat-9326	143	129	0.008	0.008	NUM
easat-9326	143	130	0.008	0.008	NUM
easat-9326	143	131	(	(	PUNCT
easat-9326	143	132	-1.75	-1.75	NOUN
easat-9326	143	133	)	)	PUNCT
easat-9326	143	134	(	(	PUNCT
easat-9326	143	135	1.11	1.11	NUM
easat-9326	143	136	)	)	PUNCT
easat-9326	143	137	(	(	PUNCT
easat-9326	143	138	1.23	1.23	NUM
easat-9326	143	139	)	)	PUNCT
easat-9326	143	140	(	(	PUNCT
easat-9326	143	141	1.20	1.20	NUM
easat-9326	143	142	)	)	PUNCT
easat-9326	143	143	(	(	PUNCT
easat-9326	143	144	1.21	1.21	NUM
easat-9326	143	145	)	)	PUNCT
easat-9326	143	146	2023.year	2023.year	NOUN
easat-9326	143	147	-0.026	-0.026	NOUN
easat-9326	143	148	*	*	X
easat-9326	143	149	*	*	PUNCT
easat-9326	143	150	*	*	PUNCT
easat-9326	143	151	0.000	0.000	NUM
easat-9326	144	1	0.000	0.000	NUM
easat-9326	144	2	0.000	0.000	NUM
easat-9326	144	3	0.000	0.000	NUM
easat-9326	144	4	(	(	PUNCT
easat-9326	144	5	-2.81	-2.81	NUM
easat-9326	144	6	)	)	PUNCT
easat-9326	144	7	(	(	PUNCT
easat-9326	144	8	.	.	PUNCT
easat-9326	144	9	)	)	PUNCT
easat-9326	145	1	(	(	PUNCT
easat-9326	145	2	.	.	PUNCT
easat-9326	145	3	)	)	PUNCT
easat-9326	146	1	(	(	PUNCT
easat-9326	146	2	.	.	PUNCT
easat-9326	146	3	)	)	PUNCT
easat-9326	146	4	(	(	PUNCT
easat-9326	146	5	.	.	X
easat-9326	146	6	)	)	PUNCT
easat-9326	146	7	size	size	NOUN
easat-9326	146	8	-0.015	-0.015	PUNCT
easat-9326	146	9	*	*	PUNCT
easat-9326	146	10	*	*	PUNCT
easat-9326	146	11	*	*	PUNCT
easat-9326	146	12	-0.014	-0.014	NOUN
easat-9326	146	13	*	*	PUNCT
easat-9326	146	14	*	*	PUNCT
easat-9326	146	15	*	*	PUNCT
easat-9326	146	16	-0.014	-0.014	NOUN
easat-9326	146	17	*	*	PUNCT
easat-9326	146	18	*	*	PUNCT
easat-9326	146	19	*	*	PUNCT
easat-9326	147	1	-0.013	-0.013	PUNCT
easat-9326	147	2	*	*	PUNCT
easat-9326	147	3	*	*	PUNCT
easat-9326	147	4	*	*	PUNCT
easat-9326	147	5	(	(	PUNCT
easat-9326	147	6	-3.43	-3.43	NOUN
easat-9326	147	7	)	)	PUNCT
easat-9326	147	8	(	(	PUNCT
easat-9326	147	9	-3.42	-3.42	NUM
easat-9326	147	10	)	)	PUNCT
easat-9326	147	11	(	(	PUNCT
easat-9326	147	12	-3.41	-3.41	NOUN
easat-9326	147	13	)	)	PUNCT
easat-9326	147	14	(	(	PUNCT
easat-9326	147	15	-3.07	-3.07	NOUN
easat-9326	147	16	)	)	PUNCT
easat-9326	147	17	staffs	staff	NOUN
easat-9326	147	18	0.002	0.002	NUM
easat-9326	147	19	0.001	0.001	NUM
easat-9326	147	20	0.002	0.002	NUM
easat-9326	147	21	0.002	0.002	NUM
easat-9326	147	22	(	(	PUNCT
easat-9326	147	23	1.04	1.04	NUM
easat-9326	147	24	)	)	PUNCT
easat-9326	147	25	(	(	PUNCT
easat-9326	147	26	1.01	1.01	NUM
easat-9326	147	27	)	)	PUNCT
easat-9326	147	28	(	(	PUNCT
easat-9326	147	29	1.06	1.06	NUM
easat-9326	147	30	)	)	PUNCT
easat-9326	147	31	(	(	PUNCT
easat-9326	147	32	1.06	1.06	NUM
easat-9326	147	33	)	)	PUNCT
easat-9326	147	34	age	age	NOUN
easat-9326	147	35	-0.002	-0.002	PUNCT
easat-9326	147	36	-0.001	-0.001	PUNCT
easat-9326	147	37	-0.001	-0.001	NOUN
easat-9326	148	1	-0.000	-0.000	PUNCT
easat-9326	148	2	(	(	PUNCT
easat-9326	148	3	-1.64	-1.64	NUM
easat-9326	148	4	)	)	PUNCT
easat-9326	148	5	(	(	PUNCT
easat-9326	148	6	-1.22	-1.22	NOUN
easat-9326	148	7	)	)	PUNCT
easat-9326	148	8	(	(	PUNCT
easat-9326	148	9	-0.98	-0.98	NUM
easat-9326	148	10	)	)	PUNCT
easat-9326	148	11	(	(	PUNCT
easat-9326	148	12	-0.12	-0.12	X
easat-9326	148	13	)	)	PUNCT
easat-9326	148	14	tangible	tangible	ADJ
easat-9326	148	15	0.309	0.309	NUM
easat-9326	148	16	*	*	PUNCT
easat-9326	148	17	*	*	PUNCT
easat-9326	148	18	*	*	PUNCT
easat-9326	148	19	0.310	0.310	NUM
easat-9326	148	20	*	*	PUNCT
easat-9326	148	21	*	*	PUNCT
easat-9326	148	22	*	*	PUNCT
easat-9326	148	23	0.309	0.309	NUM
easat-9326	148	24	*	*	PUNCT
easat-9326	148	25	*	*	PUNCT
easat-9326	148	26	*	*	PUNCT
easat-9326	148	27	0.308	0.308	NUM
easat-9326	148	28	*	*	PUNCT
easat-9326	148	29	*	*	PUNCT
easat-9326	148	30	*	*	PUNCT
easat-9326	148	31	(	(	PUNCT
easat-9326	148	32	5.69	5.69	NUM
easat-9326	148	33	)	)	PUNCT
easat-9326	148	34	(	(	PUNCT
easat-9326	148	35	5.70	5.70	NUM
easat-9326	148	36	)	)	PUNCT
easat-9326	148	37	(	(	PUNCT
easat-9326	148	38	5.68	5.68	NUM
easat-9326	148	39	)	)	PUNCT
easat-9326	148	40	(	(	PUNCT
easat-9326	148	41	5.66	5.66	NUM
easat-9326	148	42	)	)	PUNCT
easat-9326	148	43	salesgrowth	salesgrowth	NOUN
easat-9326	148	44	0.003	0.003	NUM
easat-9326	148	45	*	*	PUNCT
easat-9326	148	46	*	*	PUNCT
easat-9326	148	47	*	*	PUNCT
easat-9326	148	48	0.003	0.003	NUM
easat-9326	148	49	*	*	PUNCT
easat-9326	148	50	*	*	PUNCT
easat-9326	148	51	*	*	PUNCT
easat-9326	148	52	0.003	0.003	NUM
easat-9326	148	53	*	*	PUNCT
easat-9326	148	54	*	*	PUNCT
easat-9326	148	55	*	*	PUNCT
easat-9326	148	56	0.003	0.003	NUM
easat-9326	148	57	*	*	PUNCT
easat-9326	148	58	*	*	PUNCT
easat-9326	148	59	*	*	PUNCT
easat-9326	148	60	(	(	PUNCT
easat-9326	148	61	4.61	4.61	NUM
easat-9326	148	62	)	)	PUNCT
easat-9326	148	63	(	(	PUNCT
easat-9326	148	64	4.62	4.62	NUM
easat-9326	148	65	)	)	PUNCT
easat-9326	148	66	(	(	PUNCT
easat-9326	148	67	4.61	4.61	NUM
easat-9326	148	68	)	)	PUNCT
easat-9326	148	69	(	(	PUNCT
easat-9326	148	70	4.58	4.58	NUM
easat-9326	148	71	)	)	PUNCT
easat-9326	148	72	env	env	NOUN
easat-9326	148	73	3.636	3.636	NUM
easat-9326	148	74	*	*	NOUN
easat-9326	148	75	*	*	PUNCT
easat-9326	148	76	(	(	PUNCT
easat-9326	148	77	2.39	2.39	NUM
easat-9326	148	78	)	)	PUNCT
easat-9326	148	79	soc	soc	NOUN
easat-9326	148	80	5.705	5.705	NUM
easat-9326	148	81	*	*	NOUN
easat-9326	148	82	*	*	PUNCT
easat-9326	148	83	(	(	PUNCT
easat-9326	148	84	2.12	2.12	NUM
easat-9326	148	85	)	)	PUNCT
easat-9326	148	86	gov	gov	NOUN
easat-9326	148	87	-0.641	-0.641	X
easat-9326	148	88	(	(	PUNCT
easat-9326	148	89	-0.24	-0.24	NOUN
easat-9326	148	90	)	)	PUNCT
easat-9326	148	91	_	_	NOUN
easat-9326	148	92	cons	con	NOUN
easat-9326	148	93	0.035	0.035	NUM
easat-9326	148	94	*	*	PUNCT
easat-9326	149	1	*	*	PUNCT
easat-9326	149	2	*	*	PUNCT
easat-9326	149	3	0.088	0.088	NUM
easat-9326	149	4	0.090	0.090	NUM
easat-9326	149	5	0.081	0.081	NUM
easat-9326	149	6	0.041	0.041	NUM
easat-9326	149	7	(	(	PUNCT
easat-9326	149	8	4.51	4.51	NUM
easat-9326	149	9	)	)	PUNCT
easat-9326	149	10	(	(	PUNCT
easat-9326	149	11	0.83	0.83	NUM
easat-9326	149	12	)	)	PUNCT
easat-9326	149	13	(	(	PUNCT
easat-9326	149	14	0.86	0.86	NUM
easat-9326	149	15	)	)	PUNCT
easat-9326	149	16	(	(	PUNCT
easat-9326	149	17	0.77	0.77	NUM
easat-9326	149	18	)	)	PUNCT
easat-9326	149	19	(	(	PUNCT
easat-9326	149	20	0.40	0.40	NUM
easat-9326	149	21	)	)	PUNCT
easat-9326	149	22	n	n	CCONJ
easat-9326	149	23	7897	7897	NUM
easat-9326	149	24	7897	7897	NUM
easat-9326	149	25	7897	7897	NUM
easat-9326	149	26	7897	7897	NUM
easat-9326	149	27	7897	7897	NUM
easat-9326	149	28	r2_a	r2_a	NOUN
easat-9326	149	29	0.006	0.006	NUM
easat-9326	149	30	0.015	0.015	NUM
easat-9326	149	31	0.015	0.015	NUM
easat-9326	149	32	0.015	0.015	NUM
easat-9326	149	33	0.014	0.014	NUM
easat-9326	149	34	f	f	PROPN
easat-9326	149	35	3.784	3.784	NUM
easat-9326	149	36	7.238	7.238	NUM
easat-9326	149	37	7.276	7.276	NUM
easat-9326	149	38	7.189	7.189	NUM
easat-9326	149	39	6.866	6.866	NUM
easat-9326	149	40	note	note	NOUN
easat-9326	149	41	:	:	PUNCT
easat-9326	149	42	t	t	PROPN
easat-9326	149	43	statistics	statistic	NOUN
easat-9326	149	44	in	in	ADP
easat-9326	149	45	parentheses	parenthesis	NOUN
easat-9326	149	46	.	.	PUNCT
easat-9326	150	1	*	*	PUNCT
easat-9326	151	1	p	p	X
easat-9326	151	2	<	<	X
easat-9326	151	3	0.1	0.1	NUM
easat-9326	151	4	,	,	PUNCT
easat-9326	151	5	*	*	PUNCT
easat-9326	151	6	*	*	PUNCT
easat-9326	151	7	p	p	X
easat-9326	151	8	<	<	X
easat-9326	151	9	0.05	0.05	NUM
easat-9326	151	10	,	,	PUNCT
easat-9326	151	11	*	*	PUNCT
easat-9326	151	12	*	*	PUNCT
easat-9326	151	13	*	*	PUNCT
easat-9326	151	14	p	p	X
easat-9326	151	15	<	<	X
easat-9326	151	16	0.01	0.01	NUM
easat-9326	151	17	.	.	PUNCT
easat-9326	152	1	table	table	NOUN
easat-9326	152	2	4	4	NUM
easat-9326	152	3	presents	present	VERB
easat-9326	152	4	the	the	DET
easat-9326	152	5	benchmark	benchmark	NOUN
easat-9326	152	6	regression	regression	NOUN
easat-9326	152	7	results	result	NOUN
easat-9326	152	8	examining	examine	VERB
easat-9326	152	9	the	the	DET
easat-9326	152	10	relationship	relationship	NOUN
easat-9326	152	11	between	between	ADP
easat-9326	152	12	esg	esg	NOUN
easat-9326	152	13	performance	performance	NOUN
easat-9326	152	14	and	and	CCONJ
easat-9326	152	15	firm	firm	ADJ
easat-9326	152	16	profitability	profitability	NOUN
easat-9326	152	17	(	(	PUNCT
easat-9326	152	18	roa	roa	NOUN
easat-9326	152	19	)	)	PUNCT
easat-9326	152	20	.	.	PUNCT
easat-9326	153	1	in	in	ADP
easat-9326	153	2	models	model	NOUN
easat-9326	153	3	(	(	PUNCT
easat-9326	153	4	1	1	NUM
easat-9326	153	5	)	)	PUNCT
easat-9326	153	6	and	and	CCONJ
easat-9326	153	7	(	(	PUNCT
easat-9326	153	8	2	2	NUM
easat-9326	153	9	)	)	PUNCT
easat-9326	153	10	,	,	PUNCT
easat-9326	153	11	esg	esg	PROPN
easat-9326	153	12	shows	show	VERB
easat-9326	153	13	a	a	DET
easat-9326	153	14	positive	positive	ADJ
easat-9326	153	15	and	and	CCONJ
easat-9326	153	16	statistically	statistically	ADV
easat-9326	153	17	significant	significant	ADJ
easat-9326	153	18	impact	impact	NOUN
easat-9326	153	19	on	on	ADP
easat-9326	153	20	roa	roa	PROPN
easat-9326	153	21	,	,	PUNCT
easat-9326	153	22	with	with	ADP
easat-9326	153	23	coefficients	coefficient	NOUN
easat-9326	153	24	of	of	ADP
easat-9326	153	25	4.935	4.935	NUM
easat-9326	153	26	(	(	PUNCT
easat-9326	153	27	p	p	X
easat-9326	153	28	<	<	X
easat-9326	153	29	0.1	0.1	NUM
easat-9326	153	30	)	)	PUNCT
easat-9326	153	31	and	and	CCONJ
easat-9326	153	32	6.812	6.812	NUM
easat-9326	153	33	(	(	PUNCT
easat-9326	153	34	p	p	X
easat-9326	153	35	<	<	X
easat-9326	153	36	0.05	0.05	NUM
easat-9326	153	37	)	)	PUNCT
easat-9326	153	38	,	,	PUNCT
easat-9326	153	39	supporting	support	VERB
easat-9326	153	40	hypothesis	hypothesis	NOUN
easat-9326	153	41	h1	h1	NOUN
easat-9326	153	42	.	.	PUNCT
easat-9326	154	1	the	the	DET
easat-9326	154	2	inclusion	inclusion	NOUN
easat-9326	154	3	of	of	ADP
easat-9326	154	4	control	control	NOUN
easat-9326	154	5	variables	variable	NOUN
easat-9326	154	6	in	in	ADP
easat-9326	154	7	model	model	NOUN
easat-9326	154	8	(	(	PUNCT
easat-9326	154	9	2	2	X
easat-9326	154	10	)	)	PUNCT
easat-9326	154	11	increases	increase	VERB
easat-9326	154	12	model	model	NOUN
easat-9326	154	13	fit	fit	PROPN
easat-9326	154	14	,	,	PUNCT
easat-9326	154	15	and	and	CCONJ
easat-9326	154	16	key	key	ADJ
easat-9326	154	17	controls	control	NOUN
easat-9326	154	18	such	such	ADJ
easat-9326	154	19	as	as	ADP
easat-9326	154	20	firm	firm	ADJ
easat-9326	154	21	size	size	NOUN
easat-9326	154	22	(	(	PUNCT
easat-9326	154	23	negative	negative	ADJ
easat-9326	154	24	)	)	PUNCT
easat-9326	154	25	,	,	PUNCT
easat-9326	154	26	tangible	tangible	ADJ
easat-9326	154	27	assets	asset	NOUN
easat-9326	154	28	,	,	PUNCT
easat-9326	154	29	and	and	CCONJ
easat-9326	154	30	sales	sale	NOUN
easat-9326	154	31	growth	growth	NOUN
easat-9326	154	32	(	(	PUNCT
easat-9326	154	33	both	both	CCONJ
easat-9326	154	34	positive	positive	ADJ
easat-9326	154	35	)	)	PUNCT
easat-9326	154	36	are	be	AUX
easat-9326	154	37	significant	significant	ADJ
easat-9326	154	38	and	and	CCONJ
easat-9326	154	39	consistent	consistent	ADJ
easat-9326	154	40	500	500	NUM
easat-9326	154	41	edelweiss	edelweiss	PROPN
easat-9326	154	42	applied	apply	VERB
easat-9326	154	43	science	science	NOUN
easat-9326	154	44	and	and	CCONJ
easat-9326	154	45	technology	technology	NOUN
easat-9326	154	46	issn	issn	PROPN
easat-9326	154	47	:	:	PUNCT
easat-9326	154	48	2576	2576	NUM
easat-9326	154	49	-	-	SYM
easat-9326	154	50	8484	8484	NUM
easat-9326	154	51	vol	vol	NOUN
easat-9326	154	52	.	.	PROPN
easat-9326	155	1	9	9	NUM
easat-9326	155	2	,	,	PUNCT
easat-9326	155	3	no	no	INTJ
easat-9326	155	4	.	.	NOUN
easat-9326	155	5	8	8	NUM
easat-9326	155	6	:	:	PUNCT
easat-9326	155	7	493	493	NUM
easat-9326	155	8	-	-	SYM
easat-9326	155	9	504	504	NUM
easat-9326	155	10	,	,	PUNCT
easat-9326	155	11	2025	2025	NUM
easat-9326	155	12	doi	doi	NOUN
easat-9326	155	13	:	:	PUNCT
easat-9326	155	14	10.55214/2576	10.55214/2576	NUM
easat-9326	155	15	-	-	SYM
easat-9326	155	16	8484.v9i8.9326	8484.v9i8.9326	NUM
easat-9326	155	17	©	©	PROPN
easat-9326	155	18	2025	2025	NUM
easat-9326	155	19	by	by	ADP
easat-9326	155	20	the	the	DET
easat-9326	155	21	authors	author	NOUN
easat-9326	155	22	;	;	PUNCT
easat-9326	155	23	licensee	licensee	PROPN
easat-9326	155	24	learning	learning	NOUN
easat-9326	155	25	gate	gate	NOUN
easat-9326	155	26	with	with	ADP
easat-9326	155	27	theoretical	theoretical	ADJ
easat-9326	155	28	expectations	expectation	NOUN
easat-9326	155	29	.	.	PUNCT
easat-9326	156	1	further	further	ADJ
easat-9326	156	2	decomposition	decomposition	NOUN
easat-9326	156	3	in	in	ADP
easat-9326	156	4	models	model	NOUN
easat-9326	156	5	(	(	PUNCT
easat-9326	156	6	3)–(5	3)–(5	NOUN
easat-9326	156	7	)	)	PUNCT
easat-9326	156	8	indicates	indicate	VERB
easat-9326	156	9	that	that	SCONJ
easat-9326	156	10	the	the	DET
easat-9326	156	11	environmental	environmental	ADJ
easat-9326	156	12	(	(	PUNCT
easat-9326	156	13	env	env	NOUN
easat-9326	156	14	)	)	PUNCT
easat-9326	156	15	and	and	CCONJ
easat-9326	156	16	social	social	ADJ
easat-9326	156	17	(	(	PUNCT
easat-9326	156	18	soc	soc	NOUN
easat-9326	156	19	)	)	PUNCT
easat-9326	156	20	pillars	pillar	NOUN
easat-9326	156	21	of	of	ADP
easat-9326	156	22	esg	esg	PROPN
easat-9326	156	23	drive	drive	VERB
easat-9326	156	24	the	the	DET
easat-9326	156	25	positive	positive	ADJ
easat-9326	156	26	effect	effect	NOUN
easat-9326	156	27	,	,	PUNCT
easat-9326	156	28	while	while	SCONJ
easat-9326	156	29	the	the	DET
easat-9326	156	30	governance	governance	NOUN
easat-9326	156	31	(	(	PUNCT
easat-9326	156	32	gov	gov	NOUN
easat-9326	156	33	)	)	PUNCT
easat-9326	156	34	component	component	NOUN
easat-9326	156	35	appears	appear	VERB
easat-9326	156	36	insignificant	insignificant	ADJ
easat-9326	156	37	.	.	PUNCT
easat-9326	157	1	the	the	DET
easat-9326	157	2	adjusted	adjust	VERB
easat-9326	157	3	r²	r²	NOUN
easat-9326	157	4	values	value	NOUN
easat-9326	157	5	remain	remain	VERB
easat-9326	157	6	low	low	ADJ
easat-9326	157	7	,	,	PUNCT
easat-9326	157	8	suggesting	suggest	VERB
easat-9326	157	9	that	that	SCONJ
easat-9326	157	10	esg	esg	PROPN
easat-9326	157	11	contributes	contribute	VERB
easat-9326	157	12	only	only	ADV
easat-9326	157	13	modestly	modestly	ADV
easat-9326	157	14	to	to	ADP
easat-9326	157	15	explaining	explain	VERB
easat-9326	157	16	firm	firm	ADJ
easat-9326	157	17	performance	performance	NOUN
easat-9326	157	18	,	,	PUNCT
easat-9326	157	19	but	but	CCONJ
easat-9326	157	20	the	the	DET
easat-9326	157	21	overall	overall	NOUN
easat-9326	157	22	.	.	PUNCT
easat-9326	158	1	5.4	5.4	NUM
easat-9326	158	2	.	.	PUNCT
easat-9326	159	1	mediating	mediate	VERB
easat-9326	159	2	effect	effect	NOUN
easat-9326	159	3	analysis	analysis	NOUN
easat-9326	159	4	table	table	NOUN
easat-9326	159	5	5	5	NUM
easat-9326	159	6	.	.	PUNCT
easat-9326	159	7	regression	regression	NOUN
easat-9326	159	8	results	result	NOUN
easat-9326	159	9	for	for	ADP
easat-9326	159	10	tie	tie	NOUN
easat-9326	159	11	and	and	CCONJ
easat-9326	159	12	cp	cp	NOUN
easat-9326	159	13	.	.	PROPN
easat-9326	160	1	(	(	PUNCT
easat-9326	160	2	1	1	NUM
easat-9326	160	3	)	)	PUNCT
easat-9326	160	4	(	(	PUNCT
easat-9326	160	5	2	2	NUM
easat-9326	160	6	)	)	PUNCT
easat-9326	160	7	(	(	PUNCT
easat-9326	160	8	3	3	X
easat-9326	160	9	)	)	PUNCT
easat-9326	160	10	(	(	PUNCT
easat-9326	160	11	4	4	NUM
easat-9326	160	12	)	)	PUNCT
easat-9326	160	13	(	(	PUNCT
easat-9326	160	14	5	5	X
easat-9326	160	15	)	)	PUNCT
easat-9326	160	16	roa	roa	PROPN
easat-9326	160	17	patents	patent	NOUN
easat-9326	160	18	patents	patent	NOUN
easat-9326	160	19	patents	patent	NOUN
easat-9326	160	20	patents	patent	NOUN
easat-9326	160	21	esg	esg	PROPN
easat-9326	160	22	6.812	6.812	NUM
easat-9326	160	23	*	*	SYM
easat-9326	160	24	*	*	PUNCT
easat-9326	161	1	97.085	97.085	NUM
easat-9326	161	2	*	*	PUNCT
easat-9326	161	3	*	*	PUNCT
easat-9326	161	4	(	(	PUNCT
easat-9326	161	5	2.28	2.28	NUM
easat-9326	161	6	)	)	PUNCT
easat-9326	161	7	(	(	PUNCT
easat-9326	161	8	2.46	2.46	NUM
easat-9326	161	9	)	)	PUNCT
easat-9326	161	10	size	size	NOUN
easat-9326	161	11	-0.015	-0.015	PUNCT
easat-9326	161	12	*	*	PUNCT
easat-9326	161	13	*	*	PUNCT
easat-9326	161	14	*	*	PUNCT
easat-9326	161	15	0.187	0.187	NUM
easat-9326	161	16	*	*	PUNCT
easat-9326	161	17	*	*	PUNCT
easat-9326	161	18	*	*	PUNCT
easat-9326	161	19	0.177	0.177	NUM
easat-9326	161	20	*	*	PUNCT
easat-9326	161	21	*	*	PUNCT
easat-9326	161	22	*	*	PUNCT
easat-9326	161	23	0.192	0.192	NUM
easat-9326	161	24	*	*	PUNCT
easat-9326	161	25	*	*	PUNCT
easat-9326	161	26	*	*	PUNCT
easat-9326	161	27	0.212	0.212	NUM
easat-9326	161	28	*	*	PUNCT
easat-9326	161	29	*	*	PUNCT
easat-9326	161	30	*	*	PUNCT
easat-9326	161	31	(	(	PUNCT
easat-9326	161	32	-3.43	-3.43	NOUN
easat-9326	161	33	)	)	PUNCT
easat-9326	161	34	(	(	PUNCT
easat-9326	161	35	3.36	3.36	NUM
easat-9326	161	36	)	)	PUNCT
easat-9326	161	37	(	(	PUNCT
easat-9326	161	38	3.17	3.17	NUM
easat-9326	161	39	)	)	PUNCT
easat-9326	161	40	(	(	PUNCT
easat-9326	161	41	3.42	3.42	NUM
easat-9326	161	42	)	)	PUNCT
easat-9326	161	43	(	(	PUNCT
easat-9326	161	44	3.85	3.85	NUM
easat-9326	161	45	)	)	PUNCT
easat-9326	161	46	staffs	staff	NOUN
easat-9326	161	47	0.002	0.002	NUM
easat-9326	161	48	0.008	0.008	NUM
easat-9326	161	49	0.007	0.007	NUM
easat-9326	161	50	0.008	0.008	NUM
easat-9326	161	51	0.008	0.008	NUM
easat-9326	161	52	(	(	PUNCT
easat-9326	161	53	1.04	1.04	NUM
easat-9326	161	54	)	)	PUNCT
easat-9326	161	55	(	(	PUNCT
easat-9326	161	56	0.41	0.41	NUM
easat-9326	161	57	)	)	PUNCT
easat-9326	161	58	(	(	PUNCT
easat-9326	161	59	0.35	0.35	NUM
easat-9326	161	60	)	)	PUNCT
easat-9326	161	61	(	(	PUNCT
easat-9326	161	62	0.42	0.42	NUM
easat-9326	161	63	)	)	PUNCT
easat-9326	161	64	(	(	PUNCT
easat-9326	161	65	0.42	0.42	NUM
easat-9326	161	66	)	)	PUNCT
easat-9326	161	67	age	age	NOUN
easat-9326	161	68	-0.002	-0.002	PUNCT
easat-9326	161	69	0.011	0.011	NUM
easat-9326	161	70	0.014	0.014	NUM
easat-9326	161	71	0.025	0.025	NUM
easat-9326	161	72	*	*	PUNCT
easat-9326	161	73	*	*	X
easat-9326	161	74	0.041	0.041	NUM
easat-9326	161	75	*	*	PUNCT
easat-9326	161	76	*	*	PUNCT
easat-9326	161	77	*	*	PUNCT
easat-9326	161	78	(	(	PUNCT
easat-9326	161	79	-1.64	-1.64	NUM
easat-9326	161	80	)	)	PUNCT
easat-9326	161	81	(	(	PUNCT
easat-9326	161	82	0.77	0.77	NUM
easat-9326	161	83	)	)	PUNCT
easat-9326	161	84	(	(	PUNCT
easat-9326	161	85	1.16	1.16	NUM
easat-9326	161	86	)	)	PUNCT
easat-9326	161	87	(	(	PUNCT
easat-9326	161	88	2.12	2.12	NUM
easat-9326	161	89	)	)	PUNCT
easat-9326	161	90	(	(	PUNCT
easat-9326	161	91	2.60	2.60	NUM
easat-9326	161	92	)	)	PUNCT
easat-9326	161	93	tangible	tangible	ADJ
easat-9326	161	94	0.309	0.309	NOUN
easat-9326	161	95	*	*	PUNCT
easat-9326	161	96	*	*	PUNCT
easat-9326	161	97	*	*	PUNCT
easat-9326	161	98	1.508	1.508	NUM
easat-9326	161	99	*	*	NOUN
easat-9326	161	100	*	*	PUNCT
easat-9326	161	101	1.527	1.527	NUM
easat-9326	161	102	*	*	PUNCT
easat-9326	161	103	*	*	PUNCT
easat-9326	161	104	1.506	1.506	NUM
easat-9326	161	105	*	*	SYM
easat-9326	161	106	*	*	PUNCT
easat-9326	161	107	1.492	1.492	NUM
easat-9326	161	108	*	*	NOUN
easat-9326	161	109	*	*	PUNCT
easat-9326	161	110	(	(	PUNCT
easat-9326	161	111	5.69	5.69	NUM
easat-9326	161	112	)	)	PUNCT
easat-9326	161	113	(	(	PUNCT
easat-9326	161	114	2.11	2.11	NUM
easat-9326	161	115	)	)	PUNCT
easat-9326	161	116	(	(	PUNCT
easat-9326	161	117	2.13	2.13	NUM
easat-9326	161	118	)	)	PUNCT
easat-9326	161	119	(	(	PUNCT
easat-9326	161	120	2.10	2.10	NUM
easat-9326	161	121	)	)	PUNCT
easat-9326	161	122	(	(	PUNCT
easat-9326	161	123	2.08	2.08	NUM
easat-9326	161	124	)	)	PUNCT
easat-9326	161	125	salesgrowth	salesgrowth	NOUN
easat-9326	161	126	0.003	0.003	NUM
easat-9326	161	127	*	*	PUNCT
easat-9326	161	128	*	*	PUNCT
easat-9326	161	129	*	*	PUNCT
easat-9326	162	1	0.008	0.008	NUM
easat-9326	162	2	0.008	0.008	NUM
easat-9326	162	3	0.008	0.008	NUM
easat-9326	162	4	0.008	0.008	NUM
easat-9326	162	5	(	(	PUNCT
easat-9326	162	6	4.61	4.61	NUM
easat-9326	162	7	)	)	PUNCT
easat-9326	162	8	(	(	PUNCT
easat-9326	162	9	0.91	0.91	NUM
easat-9326	162	10	)	)	PUNCT
easat-9326	162	11	(	(	PUNCT
easat-9326	162	12	0.94	0.94	NUM
easat-9326	162	13	)	)	PUNCT
easat-9326	162	14	(	(	PUNCT
easat-9326	162	15	0.90	0.90	NUM
easat-9326	162	16	)	)	PUNCT
easat-9326	162	17	(	(	PUNCT
easat-9326	162	18	0.88	0.88	NUM
easat-9326	162	19	)	)	PUNCT
easat-9326	162	20	2014.year	2014.year	NOUN
easat-9326	163	1	0.000	0.000	NUM
easat-9326	163	2	0.000	0.000	NUM
easat-9326	163	3	0.000	0.000	NUM
easat-9326	163	4	0.000	0.000	NUM
easat-9326	163	5	0.000	0.000	NUM
easat-9326	163	6	(	(	PUNCT
easat-9326	163	7	.	.	PUNCT
easat-9326	163	8	)	)	PUNCT
easat-9326	164	1	(	(	PUNCT
easat-9326	164	2	.	.	PUNCT
easat-9326	164	3	)	)	PUNCT
easat-9326	165	1	(	(	PUNCT
easat-9326	165	2	.	.	PUNCT
easat-9326	165	3	)	)	PUNCT
easat-9326	166	1	(	(	PUNCT
easat-9326	166	2	.	.	PUNCT
easat-9326	166	3	)	)	PUNCT
easat-9326	167	1	(	(	PUNCT
easat-9326	167	2	.	.	PUNCT
easat-9326	167	3	)	)	PUNCT
easat-9326	167	4	2015.year	2015.year	NOUN
easat-9326	168	1	-0.010	-0.010	PROPN
easat-9326	168	2	*	*	PUNCT
easat-9326	168	3	-0.118	-0.118	PUNCT
easat-9326	168	4	-0.062	-0.062	PROPN
easat-9326	168	5	-0.077	-0.077	PUNCT
easat-9326	168	6	-0.026	-0.026	PUNCT
easat-9326	168	7	(	(	PUNCT
easat-9326	168	8	-1.76	-1.76	NUM
easat-9326	168	9	)	)	PUNCT
easat-9326	168	10	(	(	PUNCT
easat-9326	168	11	-1.54	-1.54	NOUN
easat-9326	168	12	)	)	PUNCT
easat-9326	168	13	(	(	PUNCT
easat-9326	168	14	-0.84	-0.84	NOUN
easat-9326	168	15	)	)	PUNCT
easat-9326	168	16	(	(	PUNCT
easat-9326	168	17	-1.03	-1.03	X
easat-9326	168	18	)	)	PUNCT
easat-9326	168	19	(	(	PUNCT
easat-9326	168	20	-0.28	-0.28	X
easat-9326	168	21	)	)	PUNCT
easat-9326	168	22	2016.year	2016.year	NOUN
easat-9326	169	1	0.010	0.010	NUM
easat-9326	169	2	*	*	PUNCT
easat-9326	169	3	0.033	0.033	NUM
easat-9326	169	4	0.092	0.092	NUM
easat-9326	169	5	0.068	0.068	NUM
easat-9326	169	6	0.114	0.114	NUM
easat-9326	169	7	(	(	PUNCT
easat-9326	169	8	1.80	1.80	NUM
easat-9326	169	9	)	)	PUNCT
easat-9326	169	10	(	(	PUNCT
easat-9326	169	11	0.46	0.46	NUM
easat-9326	169	12	)	)	PUNCT
easat-9326	169	13	(	(	PUNCT
easat-9326	169	14	1.31	1.31	NUM
easat-9326	169	15	)	)	PUNCT
easat-9326	169	16	(	(	PUNCT
easat-9326	169	17	0.97	0.97	NUM
easat-9326	169	18	)	)	PUNCT
easat-9326	169	19	(	(	PUNCT
easat-9326	169	20	1.32	1.32	NUM
easat-9326	169	21	)	)	PUNCT
easat-9326	169	22	2017.year	2017.year	NOUN
easat-9326	169	23	0.013	0.013	NUM
easat-9326	169	24	*	*	PUNCT
easat-9326	169	25	*	*	PUNCT
easat-9326	169	26	-0.046	-0.046	NUM
easat-9326	169	27	0.003	0.003	NUM
easat-9326	169	28	-0.016	-0.016	NUM
easat-9326	169	29	0.017	0.017	NUM
easat-9326	169	30	(	(	PUNCT
easat-9326	169	31	2.51	2.51	NUM
easat-9326	169	32	)	)	PUNCT
easat-9326	169	33	(	(	PUNCT
easat-9326	169	34	-0.68	-0.68	NOUN
easat-9326	169	35	)	)	PUNCT
easat-9326	169	36	(	(	PUNCT
easat-9326	169	37	0.05	0.05	NUM
easat-9326	169	38	)	)	PUNCT
easat-9326	169	39	(	(	PUNCT
easat-9326	169	40	-0.24	-0.24	NOUN
easat-9326	169	41	)	)	PUNCT
easat-9326	169	42	(	(	PUNCT
easat-9326	169	43	0.22	0.22	NUM
easat-9326	169	44	)	)	PUNCT
easat-9326	169	45	2018.year	2018.year	NOUN
easat-9326	169	46	0.005	0.005	NUM
easat-9326	169	47	-0.081	-0.081	PRON
easat-9326	169	48	-0.036	-0.036	NOUN
easat-9326	170	1	-0.063	-0.063	PUNCT
easat-9326	170	2	-0.032	-0.032	INTJ
easat-9326	170	3	(	(	PUNCT
easat-9326	170	4	1.00	1.00	NUM
easat-9326	170	5	)	)	PUNCT
easat-9326	170	6	(	(	PUNCT
easat-9326	170	7	-1.23	-1.23	NUM
easat-9326	170	8	)	)	PUNCT
easat-9326	170	9	(	(	PUNCT
easat-9326	170	10	-0.55	-0.55	NOUN
easat-9326	170	11	)	)	PUNCT
easat-9326	170	12	(	(	PUNCT
easat-9326	170	13	-0.96	-0.96	NUM
easat-9326	170	14	)	)	PUNCT
easat-9326	170	15	(	(	PUNCT
easat-9326	170	16	-0.44	-0.44	NOUN
easat-9326	170	17	)	)	PUNCT
easat-9326	170	18	2019.year	2019.year	NOUN
easat-9326	170	19	0.000	0.000	NUM
easat-9326	171	1	0.037	0.037	NUM
easat-9326	171	2	0.075	0.075	NUM
easat-9326	171	3	0.044	0.044	NUM
easat-9326	171	4	0.066	0.066	NUM
easat-9326	171	5	(	(	PUNCT
easat-9326	171	6	0.10	0.10	NUM
easat-9326	171	7	)	)	PUNCT
easat-9326	171	8	(	(	PUNCT
easat-9326	171	9	0.56	0.56	NUM
easat-9326	171	10	)	)	PUNCT
easat-9326	171	11	(	(	PUNCT
easat-9326	171	12	1.15	1.15	NUM
easat-9326	171	13	)	)	PUNCT
easat-9326	171	14	(	(	PUNCT
easat-9326	171	15	0.68	0.68	NUM
easat-9326	171	16	)	)	PUNCT
easat-9326	171	17	(	(	PUNCT
easat-9326	171	18	0.95	0.95	NUM
easat-9326	171	19	)	)	PUNCT
easat-9326	171	20	2020.year	2020.year	NOUN
easat-9326	171	21	0.002	0.002	NUM
easat-9326	171	22	0.175	0.175	NUM
easat-9326	171	23	*	*	PUNCT
easat-9326	171	24	*	*	PUNCT
easat-9326	171	25	*	*	PUNCT
easat-9326	171	26	0.206	0.206	NUM
easat-9326	171	27	*	*	PUNCT
easat-9326	171	28	*	*	PUNCT
easat-9326	171	29	*	*	PUNCT
easat-9326	171	30	0.173	0.173	NUM
easat-9326	171	31	*	*	PUNCT
easat-9326	171	32	*	*	PUNCT
easat-9326	171	33	*	*	PUNCT
easat-9326	171	34	0.189	0.189	NUM
easat-9326	171	35	*	*	PUNCT
easat-9326	171	36	*	*	PUNCT
easat-9326	171	37	*	*	PUNCT
easat-9326	171	38	(	(	PUNCT
easat-9326	171	39	0.49	0.49	NUM
easat-9326	171	40	)	)	PUNCT
easat-9326	171	41	(	(	PUNCT
easat-9326	171	42	2.66	2.66	NUM
easat-9326	171	43	)	)	PUNCT
easat-9326	171	44	(	(	PUNCT
easat-9326	171	45	3.12	3.12	NUM
easat-9326	171	46	)	)	PUNCT
easat-9326	171	47	(	(	PUNCT
easat-9326	171	48	2.63	2.63	NUM
easat-9326	171	49	)	)	PUNCT
easat-9326	171	50	(	(	PUNCT
easat-9326	171	51	2.79	2.79	NUM
easat-9326	171	52	)	)	PUNCT
easat-9326	171	53	2021.year	2021.year	NOUN
easat-9326	172	1	0.012	0.012	NUM
easat-9326	172	2	*	*	X
easat-9326	172	3	*	*	NOUN
easat-9326	172	4	0.140	0.140	NUM
easat-9326	172	5	*	*	X
easat-9326	172	6	*	*	NOUN
easat-9326	172	7	0.161	0.161	NUM
easat-9326	172	8	*	*	PUNCT
easat-9326	172	9	*	*	PUNCT
easat-9326	172	10	0.152	0.152	NUM
easat-9326	172	11	*	*	NOUN
easat-9326	172	12	*	*	PUNCT
easat-9326	172	13	0.177	0.177	NUM
easat-9326	172	14	*	*	PUNCT
easat-9326	172	15	*	*	PUNCT
easat-9326	172	16	(	(	PUNCT
easat-9326	172	17	2.32	2.32	NUM
easat-9326	172	18	)	)	PUNCT
easat-9326	172	19	(	(	PUNCT
easat-9326	172	20	2.02	2.02	NUM
easat-9326	172	21	)	)	PUNCT
easat-9326	172	22	(	(	PUNCT
easat-9326	172	23	2.34	2.34	NUM
easat-9326	172	24	)	)	PUNCT
easat-9326	172	25	(	(	PUNCT
easat-9326	172	26	2.20	2.20	NUM
easat-9326	172	27	)	)	PUNCT
easat-9326	172	28	(	(	PUNCT
easat-9326	172	29	2.46	2.46	NUM
easat-9326	172	30	)	)	PUNCT
easat-9326	172	31	2022.year	2022.year	NOUN
easat-9326	172	32	0.007	0.007	NUM
easat-9326	172	33	0.071	0.071	NUM
easat-9326	172	34	0.084	0.084	NUM
easat-9326	172	35	0.073	0.073	NUM
easat-9326	172	36	0.089	0.089	NUM
easat-9326	172	37	(	(	PUNCT
easat-9326	172	38	1.11	1.11	NUM
easat-9326	172	39	)	)	PUNCT
easat-9326	172	40	(	(	PUNCT
easat-9326	172	41	0.85	0.85	NUM
easat-9326	172	42	)	)	PUNCT
easat-9326	172	43	(	(	PUNCT
easat-9326	172	44	1.01	1.01	NUM
easat-9326	172	45	)	)	PUNCT
easat-9326	172	46	(	(	PUNCT
easat-9326	172	47	0.88	0.88	NUM
easat-9326	172	48	)	)	PUNCT
easat-9326	172	49	(	(	PUNCT
easat-9326	172	50	1.05	1.05	NUM
easat-9326	172	51	)	)	PUNCT
easat-9326	172	52	2023.year	2023.year	NOUN
easat-9326	173	1	0.000	0.000	NUM
easat-9326	173	2	0.000	0.000	NUM
easat-9326	173	3	0.000	0.000	NUM
easat-9326	173	4	0.000	0.000	NUM
easat-9326	173	5	0.000	0.000	NUM
easat-9326	173	6	(	(	PUNCT
easat-9326	173	7	.	.	PUNCT
easat-9326	173	8	)	)	PUNCT
easat-9326	174	1	(	(	PUNCT
easat-9326	174	2	.	.	PUNCT
easat-9326	174	3	)	)	PUNCT
easat-9326	175	1	(	(	PUNCT
easat-9326	175	2	.	.	PUNCT
easat-9326	175	3	)	)	PUNCT
easat-9326	176	1	(	(	PUNCT
easat-9326	176	2	.	.	PUNCT
easat-9326	176	3	)	)	PUNCT
easat-9326	177	1	(	(	PUNCT
easat-9326	177	2	.	.	PUNCT
easat-9326	177	3	)	)	PUNCT
easat-9326	178	1	env	env	NOUN
easat-9326	178	2	76.019	76.019	NUM
easat-9326	178	3	*	*	PUNCT
easat-9326	178	4	*	*	PUNCT
easat-9326	178	5	*	*	PUNCT
easat-9326	178	6	(	(	PUNCT
easat-9326	178	7	3.79	3.79	NUM
easat-9326	178	8	)	)	PUNCT
easat-9326	178	9	soc	soc	NOUN
easat-9326	178	10	70.253	70.253	NUM
easat-9326	178	11	*	*	PUNCT
easat-9326	178	12	(	(	PUNCT
easat-9326	178	13	1.79	1.79	NUM
easat-9326	178	14	)	)	PUNCT
easat-9326	178	15	gov	gov	NOUN
easat-9326	178	16	-33.416	-33.416	PRON
easat-9326	178	17	(	(	PUNCT
easat-9326	178	18	-0.93	-0.93	NOUN
easat-9326	178	19	)	)	PUNCT
easat-9326	178	20	_	_	NOUN
easat-9326	178	21	cons	con	NOUN
easat-9326	178	22	0.088	0.088	NUM
easat-9326	178	23	-5.561	-5.561	NOUN
easat-9326	179	1	*	*	PUNCT
easat-9326	179	2	*	*	PUNCT
easat-9326	179	3	*	*	PUNCT
easat-9326	180	1	-5.206	-5.206	PROPN
easat-9326	180	2	*	*	PUNCT
easat-9326	180	3	*	*	PUNCT
easat-9326	180	4	*	*	PUNCT
easat-9326	181	1	-5.759	-5.759	VERB
easat-9326	181	2	*	*	PUNCT
easat-9326	181	3	*	*	NOUN
easat-9326	181	4	*	*	NOUN
easat-9326	181	5	-6.221	-6.221	NOUN
easat-9326	181	6	*	*	PUNCT
easat-9326	181	7	*	*	PUNCT
easat-9326	181	8	*	*	PUNCT
easat-9326	181	9	(	(	PUNCT
easat-9326	181	10	0.83	0.83	NUM
easat-9326	181	11	)	)	PUNCT
easat-9326	181	12	(	(	PUNCT
easat-9326	181	13	-4.02	-4.02	X
easat-9326	181	14	)	)	PUNCT
easat-9326	181	15	(	(	PUNCT
easat-9326	181	16	-3.77	-3.77	NUM
easat-9326	181	17	)	)	PUNCT
easat-9326	181	18	(	(	PUNCT
easat-9326	181	19	-4.17	-4.17	NOUN
easat-9326	181	20	)	)	PUNCT
easat-9326	181	21	(	(	PUNCT
easat-9326	181	22	-4.59	-4.59	NUM
easat-9326	181	23	)	)	PUNCT
easat-9326	181	24	n	n	CCONJ
easat-9326	181	25	7897	7897	NUM
easat-9326	181	26	7897	7897	NUM
easat-9326	181	27	7897	7897	NUM
easat-9326	181	28	7897	7897	NUM
easat-9326	181	29	7897	7897	NUM
easat-9326	181	30	r2_a	r2_a	NOUN
easat-9326	181	31	0.015	0.015	NUM
easat-9326	181	32	0.022	0.022	NUM
easat-9326	181	33	0.023	0.023	NUM
easat-9326	181	34	0.022	0.022	NUM
easat-9326	181	35	0.021	0.021	NUM
easat-9326	181	36	f	f	PROPN
easat-9326	181	37	7.238	7.238	NUM
easat-9326	181	38	10.657	10.657	NUM
easat-9326	181	39	11.265	11.265	NUM
easat-9326	181	40	10.449	10.449	NUM
easat-9326	181	41	10.278	10.278	NUM
easat-9326	181	42	note	note	NOUN
easat-9326	181	43	:	:	PUNCT
easat-9326	181	44	t	t	PROPN
easat-9326	181	45	statistics	statistic	NOUN
easat-9326	181	46	in	in	ADP
easat-9326	181	47	parentheses	parenthesis	NOUN
easat-9326	181	48	.	.	PUNCT
easat-9326	182	1	*	*	PUNCT
easat-9326	183	1	p	p	X
easat-9326	183	2	<	<	X
easat-9326	183	3	0.1	0.1	NUM
easat-9326	183	4	,	,	PUNCT
easat-9326	183	5	*	*	PUNCT
easat-9326	183	6	*	*	PUNCT
easat-9326	183	7	p	p	X
easat-9326	183	8	<	<	X
easat-9326	183	9	0.05	0.05	NUM
easat-9326	183	10	,	,	PUNCT
easat-9326	183	11	*	*	PUNCT
easat-9326	183	12	*	*	PUNCT
easat-9326	183	13	*	*	PUNCT
easat-9326	183	14	p	p	X
easat-9326	183	15	<	<	X
easat-9326	183	16	0.01	0.01	NUM
easat-9326	183	17	.	.	PUNCT
easat-9326	183	18	501	501	NUM
easat-9326	183	19	edelweiss	edelweiss	PROPN
easat-9326	183	20	applied	apply	VERB
easat-9326	183	21	science	science	NOUN
easat-9326	183	22	and	and	CCONJ
easat-9326	183	23	technology	technology	NOUN
easat-9326	183	24	issn	issn	PROPN
easat-9326	183	25	:	:	PUNCT
easat-9326	183	26	2576	2576	NUM
easat-9326	183	27	-	-	SYM
easat-9326	183	28	8484	8484	NUM
easat-9326	183	29	vol	vol	NOUN
easat-9326	183	30	.	.	PROPN
easat-9326	184	1	9	9	NUM
easat-9326	184	2	,	,	PUNCT
easat-9326	184	3	no	no	INTJ
easat-9326	184	4	.	.	NOUN
easat-9326	184	5	8	8	NUM
easat-9326	184	6	:	:	PUNCT
easat-9326	184	7	493	493	NUM
easat-9326	184	8	-	-	SYM
easat-9326	184	9	504	504	NUM
easat-9326	184	10	,	,	PUNCT
easat-9326	184	11	2025	2025	NUM
easat-9326	184	12	doi	doi	NOUN
easat-9326	184	13	:	:	PUNCT
easat-9326	184	14	10.55214/2576	10.55214/2576	NUM
easat-9326	184	15	-	-	SYM
easat-9326	184	16	8484.v9i8.9326	8484.v9i8.9326	NUM
easat-9326	184	17	©	©	PROPN
easat-9326	184	18	2025	2025	NUM
easat-9326	184	19	by	by	ADP
easat-9326	184	20	the	the	DET
easat-9326	184	21	authors	author	NOUN
easat-9326	184	22	;	;	PUNCT
easat-9326	184	23	licensee	licensee	PROPN
easat-9326	184	24	learning	learn	VERB
easat-9326	184	25	gate	gate	PROPN
easat-9326	184	26	table	table	NOUN
easat-9326	184	27	5	5	NUM
easat-9326	184	28	reports	report	VERB
easat-9326	184	29	the	the	DET
easat-9326	184	30	regression	regression	NOUN
easat-9326	184	31	results	result	NOUN
easat-9326	184	32	used	use	VERB
easat-9326	184	33	to	to	PART
easat-9326	184	34	test	test	VERB
easat-9326	184	35	the	the	DET
easat-9326	184	36	mediating	mediate	VERB
easat-9326	184	37	role	role	NOUN
easat-9326	184	38	of	of	ADP
easat-9326	184	39	green	green	ADJ
easat-9326	184	40	innovation	innovation	NOUN
easat-9326	184	41	(	(	PUNCT
easat-9326	184	42	measured	measure	VERB
easat-9326	184	43	by	by	ADP
easat-9326	184	44	patent	patent	NOUN
easat-9326	184	45	applications	application	NOUN
easat-9326	184	46	)	)	PUNCT
easat-9326	184	47	in	in	ADP
easat-9326	184	48	the	the	DET
easat-9326	184	49	relationship	relationship	NOUN
easat-9326	184	50	between	between	ADP
easat-9326	184	51	esg	esg	PROPN
easat-9326	184	52	and	and	CCONJ
easat-9326	184	53	firm	firm	ADJ
easat-9326	184	54	performance	performance	NOUN
easat-9326	184	55	.	.	PUNCT
easat-9326	185	1	model	model	NOUN
easat-9326	185	2	(	(	PUNCT
easat-9326	185	3	2	2	X
easat-9326	185	4	)	)	PUNCT
easat-9326	185	5	shows	show	VERB
easat-9326	185	6	that	that	SCONJ
easat-9326	185	7	esg	esg	PROPN
easat-9326	185	8	has	have	VERB
easat-9326	185	9	a	a	DET
easat-9326	185	10	significantly	significantly	ADV
easat-9326	185	11	positive	positive	ADJ
easat-9326	185	12	effect	effect	NOUN
easat-9326	185	13	on	on	ADP
easat-9326	185	14	green	green	ADJ
easat-9326	185	15	innovation	innovation	NOUN
easat-9326	185	16	(	(	PUNCT
easat-9326	185	17	β	β	X
easat-9326	185	18	=	=	SYM
easat-9326	185	19	97.085	97.085	NUM
easat-9326	185	20	,	,	PUNCT
easat-9326	185	21	p	p	X
easat-9326	185	22	<	<	X
easat-9326	185	23	0.05	0.05	NUM
easat-9326	185	24	)	)	PUNCT
easat-9326	185	25	,	,	PUNCT
easat-9326	185	26	supporting	support	VERB
easat-9326	185	27	hypothesis	hypothesis	NOUN
easat-9326	185	28	h2	h2	NOUN
easat-9326	185	29	.	.	PUNCT
easat-9326	186	1	in	in	ADP
easat-9326	186	2	models	model	NOUN
easat-9326	186	3	(	(	PUNCT
easat-9326	186	4	3)–(5	3)–(5	NOUN
easat-9326	186	5	)	)	PUNCT
easat-9326	186	6	,	,	PUNCT
easat-9326	186	7	the	the	DET
easat-9326	186	8	environmental	environmental	ADJ
easat-9326	186	9	(	(	PUNCT
easat-9326	186	10	env	env	NOUN
easat-9326	186	11	)	)	PUNCT
easat-9326	186	12	and	and	CCONJ
easat-9326	186	13	social	social	ADJ
easat-9326	186	14	(	(	PUNCT
easat-9326	186	15	soc	soc	NOUN
easat-9326	186	16	)	)	PUNCT
easat-9326	186	17	components	component	NOUN
easat-9326	186	18	are	be	AUX
easat-9326	186	19	also	also	ADV
easat-9326	186	20	positively	positively	ADV
easat-9326	186	21	associated	associate	VERB
easat-9326	186	22	with	with	ADP
easat-9326	186	23	patent	patent	NOUN
easat-9326	186	24	activity	activity	NOUN
easat-9326	186	25	,	,	PUNCT
easat-9326	186	26	while	while	SCONJ
easat-9326	186	27	the	the	DET
easat-9326	186	28	governance	governance	NOUN
easat-9326	186	29	(	(	PUNCT
easat-9326	186	30	gov	gov	NOUN
easat-9326	186	31	)	)	PUNCT
easat-9326	186	32	dimension	dimension	NOUN
easat-9326	186	33	is	be	AUX
easat-9326	186	34	insignificant	insignificant	ADJ
easat-9326	186	35	.	.	PUNCT
easat-9326	187	1	furthermore	furthermore	ADV
easat-9326	187	2	,	,	PUNCT
easat-9326	187	3	the	the	DET
easat-9326	187	4	inclusion	inclusion	NOUN
easat-9326	187	5	of	of	ADP
easat-9326	187	6	patents	patent	NOUN
easat-9326	187	7	in	in	ADP
easat-9326	187	8	the	the	DET
easat-9326	187	9	model	model	NOUN
easat-9326	187	10	reduces	reduce	VERB
easat-9326	187	11	the	the	DET
easat-9326	187	12	direct	direct	ADJ
easat-9326	187	13	effect	effect	NOUN
easat-9326	187	14	of	of	ADP
easat-9326	187	15	esg	esg	PROPN
easat-9326	187	16	on	on	ADP
easat-9326	187	17	roa	roa	PROPN
easat-9326	187	18	(	(	PUNCT
easat-9326	187	19	compared	compare	VERB
easat-9326	187	20	with	with	ADP
easat-9326	187	21	table	table	NOUN
easat-9326	187	22	5.3	5.3	NUM
easat-9326	187	23	)	)	PUNCT
easat-9326	187	24	,	,	PUNCT
easat-9326	187	25	indicating	indicate	VERB
easat-9326	187	26	a	a	DET
easat-9326	187	27	partial	partial	ADJ
easat-9326	187	28	mediating	mediating	NOUN
easat-9326	187	29	effect	effect	NOUN
easat-9326	187	30	of	of	ADP
easat-9326	187	31	green	green	ADJ
easat-9326	187	32	innovation	innovation	NOUN
easat-9326	187	33	,	,	PUNCT
easat-9326	187	34	consistent	consistent	ADJ
easat-9326	187	35	with	with	ADP
easat-9326	187	36	hypothesis	hypothesis	NOUN
easat-9326	187	37	h4	h4	NOUN
easat-9326	187	38	.	.	PUNCT
easat-9326	188	1	these	these	DET
easat-9326	188	2	results	result	NOUN
easat-9326	188	3	suggest	suggest	VERB
easat-9326	188	4	that	that	SCONJ
easat-9326	188	5	esg	esg	NOUN
easat-9326	188	6	enhances	enhance	VERB
easat-9326	188	7	firm	firm	ADJ
easat-9326	188	8	performance	performance	NOUN
easat-9326	188	9	not	not	PART
easat-9326	188	10	only	only	ADV
easat-9326	188	11	directly	directly	ADV
easat-9326	188	12	but	but	CCONJ
easat-9326	188	13	also	also	ADV
easat-9326	188	14	indirectly	indirectly	ADV
easat-9326	188	15	through	through	ADP
easat-9326	188	16	promoting	promote	VERB
easat-9326	188	17	green	green	ADJ
easat-9326	188	18	innovation	innovation	NOUN
easat-9326	188	19	.	.	PUNCT
easat-9326	189	1	5.5	5.5	NUM
easat-9326	189	2	.	.	PUNCT
easat-9326	189	3	robustness	robustness	NOUN
easat-9326	189	4	tests	test	NOUN
easat-9326	189	5	table	table	VERB
easat-9326	189	6	6	6	NUM
easat-9326	189	7	.	.	PUNCT
easat-9326	190	1	robustness	robustness	NOUN
easat-9326	190	2	tests	test	NOUN
easat-9326	190	3	result	result	VERB
easat-9326	190	4	.	.	PUNCT
easat-9326	191	1	(	(	PUNCT
easat-9326	191	2	1	1	X
easat-9326	191	3	)	)	PUNCT
easat-9326	191	4	(	(	PUNCT
easat-9326	191	5	2	2	NUM
easat-9326	191	6	)	)	PUNCT
easat-9326	191	7	(	(	PUNCT
easat-9326	191	8	3	3	X
easat-9326	191	9	)	)	PUNCT
easat-9326	191	10	roa	roa	PROPN
easat-9326	191	11	roa	roa	PROPN
easat-9326	191	12	roa	roa	PROPN
easat-9326	191	13	esg	esg	PROPN
easat-9326	191	14	6.366	6.366	NUM
easat-9326	191	15	*	*	PUNCT
easat-9326	191	16	*	*	PUNCT
easat-9326	191	17	*	*	PUNCT
easat-9326	191	18	(	(	PUNCT
easat-9326	191	19	6.53	6.53	NUM
easat-9326	191	20	)	)	PUNCT
easat-9326	191	21	size	size	NOUN
easat-9326	191	22	-0.006	-0.006	PROPN
easat-9326	191	23	*	*	PUNCT
easat-9326	191	24	*	*	PUNCT
easat-9326	191	25	*	*	PUNCT
easat-9326	191	26	-0.004	-0.004	PUNCT
easat-9326	191	27	*	*	PUNCT
easat-9326	191	28	*	*	PUNCT
easat-9326	191	29	-0.002	-0.002	PUNCT
easat-9326	191	30	(	(	PUNCT
easat-9326	191	31	-4.36	-4.36	NOUN
easat-9326	191	32	)	)	PUNCT
easat-9326	191	33	(	(	PUNCT
easat-9326	191	34	-2.55	-2.55	NOUN
easat-9326	191	35	)	)	PUNCT
easat-9326	191	36	(	(	PUNCT
easat-9326	191	37	-0.96	-0.96	NUM
easat-9326	191	38	)	)	PUNCT
easat-9326	191	39	staffs	staff	NOUN
easat-9326	191	40	0.000	0.000	NUM
easat-9326	191	41	0.001	0.001	NUM
easat-9326	191	42	0.001	0.001	NUM
easat-9326	191	43	(	(	PUNCT
easat-9326	191	44	0.65	0.65	NUM
easat-9326	191	45	)	)	PUNCT
easat-9326	191	46	(	(	PUNCT
easat-9326	191	47	1.40	1.40	NUM
easat-9326	191	48	)	)	PUNCT
easat-9326	191	49	(	(	PUNCT
easat-9326	191	50	1.21	1.21	NUM
easat-9326	191	51	)	)	PUNCT
easat-9326	191	52	age	age	NOUN
easat-9326	191	53	0.002	0.002	NUM
easat-9326	191	54	*	*	PUNCT
easat-9326	191	55	*	*	PUNCT
easat-9326	191	56	*	*	PUNCT
easat-9326	191	57	0.002	0.002	NUM
easat-9326	191	58	*	*	PUNCT
easat-9326	191	59	*	*	PUNCT
easat-9326	191	60	0.002	0.002	NUM
easat-9326	191	61	*	*	PUNCT
easat-9326	191	62	(	(	PUNCT
easat-9326	191	63	2.76	2.76	NUM
easat-9326	191	64	)	)	PUNCT
easat-9326	191	65	(	(	PUNCT
easat-9326	191	66	2.07	2.07	NUM
easat-9326	191	67	)	)	PUNCT
easat-9326	191	68	(	(	PUNCT
easat-9326	191	69	1.71	1.71	NUM
easat-9326	191	70	)	)	PUNCT
easat-9326	191	71	tangible	tangible	ADJ
easat-9326	191	72	0.198	0.198	NUM
easat-9326	191	73	*	*	PUNCT
easat-9326	191	74	*	*	PUNCT
easat-9326	191	75	*	*	PUNCT
easat-9326	191	76	0.183	0.183	NUM
easat-9326	191	77	*	*	PUNCT
easat-9326	191	78	*	*	PUNCT
easat-9326	191	79	*	*	PUNCT
easat-9326	191	80	0.150	0.150	NUM
easat-9326	191	81	*	*	PUNCT
easat-9326	191	82	*	*	PUNCT
easat-9326	191	83	*	*	PUNCT
easat-9326	191	84	(	(	PUNCT
easat-9326	191	85	8.27	8.27	NUM
easat-9326	191	86	)	)	PUNCT
easat-9326	191	87	(	(	PUNCT
easat-9326	191	88	6.45	6.45	NUM
easat-9326	191	89	)	)	PUNCT
easat-9326	191	90	(	(	PUNCT
easat-9326	191	91	4.46	4.46	NUM
easat-9326	191	92	)	)	PUNCT
easat-9326	191	93	salesgrowth	salesgrowth	NOUN
easat-9326	191	94	0.051	0.051	NUM
easat-9326	191	95	*	*	PUNCT
easat-9326	191	96	*	*	PUNCT
easat-9326	191	97	*	*	PUNCT
easat-9326	191	98	0.051	0.051	NUM
easat-9326	191	99	*	*	PUNCT
easat-9326	191	100	*	*	PUNCT
easat-9326	191	101	*	*	PUNCT
easat-9326	191	102	0.049	0.049	NUM
easat-9326	191	103	*	*	PUNCT
easat-9326	191	104	*	*	PUNCT
easat-9326	191	105	*	*	PUNCT
easat-9326	191	106	(	(	PUNCT
easat-9326	191	107	28.38	28.38	NUM
easat-9326	191	108	)	)	PUNCT
easat-9326	191	109	(	(	PUNCT
easat-9326	191	110	24.81	24.81	NUM
easat-9326	191	111	)	)	PUNCT
easat-9326	191	112	(	(	PUNCT
easat-9326	191	113	21.23	21.23	NUM
easat-9326	191	114	)	)	PUNCT
easat-9326	191	115	2014.year	2014.year	NOUN
easat-9326	191	116	0.000	0.000	NUM
easat-9326	191	117	(	(	PUNCT
easat-9326	191	118	.	.	PUNCT
easat-9326	191	119	)	)	PUNCT
easat-9326	192	1	2015.year	2015.year	NOUN
easat-9326	193	1	-0.009	-0.009	PUNCT
easat-9326	193	2	*	*	PUNCT
easat-9326	193	3	*	*	PUNCT
easat-9326	193	4	*	*	PUNCT
easat-9326	193	5	0.000	0.000	NUM
easat-9326	193	6	(	(	PUNCT
easat-9326	193	7	-5.00	-5.00	NOUN
easat-9326	193	8	)	)	PUNCT
easat-9326	193	9	(	(	PUNCT
easat-9326	193	10	.	.	PUNCT
easat-9326	193	11	)	)	PUNCT
easat-9326	194	1	2016.year	2016.year	NOUN
easat-9326	195	1	-0.011	-0.011	PUNCT
easat-9326	195	2	*	*	PUNCT
easat-9326	195	3	*	*	PUNCT
easat-9326	195	4	*	*	PUNCT
easat-9326	195	5	-0.005	-0.005	PUNCT
easat-9326	196	1	*	*	PUNCT
easat-9326	196	2	*	*	PUNCT
easat-9326	196	3	0.000	0.000	NUM
easat-9326	196	4	(	(	PUNCT
easat-9326	196	5	-5.23	-5.23	NUM
easat-9326	196	6	)	)	PUNCT
easat-9326	196	7	(	(	PUNCT
easat-9326	196	8	-2.14	-2.14	NOUN
easat-9326	196	9	)	)	PUNCT
easat-9326	196	10	(	(	PUNCT
easat-9326	196	11	.	.	PUNCT
easat-9326	196	12	)	)	PUNCT
easat-9326	196	13	2017.year	2017.year	NOUN
easat-9326	197	1	-0.012	-0.012	PUNCT
easat-9326	197	2	*	*	PUNCT
easat-9326	197	3	*	*	PUNCT
easat-9326	197	4	*	*	PUNCT
easat-9326	197	5	-0.003	-0.003	PUNCT
easat-9326	197	6	-0.001	-0.001	PUNCT
easat-9326	197	7	(	(	PUNCT
easat-9326	197	8	-4.60	-4.60	NOUN
easat-9326	197	9	)	)	PUNCT
easat-9326	197	10	(	(	PUNCT
easat-9326	197	11	-1.44	-1.44	X
easat-9326	197	12	)	)	PUNCT
easat-9326	197	13	(	(	PUNCT
easat-9326	197	14	-0.41	-0.41	X
easat-9326	197	15	)	)	PUNCT
easat-9326	197	16	2018.year	2018.year	NUM
easat-9326	198	1	-0.014	-0.014	NOUN
easat-9326	198	2	*	*	PUNCT
easat-9326	198	3	*	*	PUNCT
easat-9326	198	4	*	*	PUNCT
easat-9326	198	5	-0.004	-0.004	PUNCT
easat-9326	198	6	-0.001	-0.001	PUNCT
easat-9326	198	7	(	(	PUNCT
easat-9326	198	8	-4.62	-4.62	NUM
easat-9326	198	9	)	)	PUNCT
easat-9326	198	10	(	(	PUNCT
easat-9326	198	11	-1.51	-1.51	X
easat-9326	198	12	)	)	PUNCT
easat-9326	198	13	(	(	PUNCT
easat-9326	198	14	-0.53	-0.53	NOUN
easat-9326	198	15	)	)	PUNCT
easat-9326	198	16	2019.year	2019.year	NOUN
easat-9326	199	1	-0.016	-0.016	PUNCT
easat-9326	199	2	*	*	PUNCT
easat-9326	199	3	*	*	PUNCT
easat-9326	199	4	*	*	PUNCT
easat-9326	199	5	-0.007	-0.007	ADJ
easat-9326	199	6	*	*	PUNCT
easat-9326	199	7	*	*	PUNCT
easat-9326	199	8	-0.003	-0.003	PUNCT
easat-9326	199	9	(	(	PUNCT
easat-9326	199	10	-4.53	-4.53	NOUN
easat-9326	199	11	)	)	PUNCT
easat-9326	199	12	(	(	PUNCT
easat-9326	199	13	-2.03	-2.03	NUM
easat-9326	199	14	)	)	PUNCT
easat-9326	199	15	(	(	PUNCT
easat-9326	199	16	-1.03	-1.03	X
easat-9326	199	17	)	)	PUNCT
easat-9326	199	18	2020.year	2020.year	NOUN
easat-9326	200	1	-0.017	-0.017	ADP
easat-9326	200	2	*	*	PUNCT
easat-9326	200	3	*	*	PUNCT
easat-9326	200	4	*	*	PUNCT
easat-9326	200	5	-0.007	-0.007	PROPN
easat-9326	200	6	*	*	PUNCT
easat-9326	200	7	-0.004	-0.004	PUNCT
easat-9326	200	8	(	(	PUNCT
easat-9326	200	9	-4.30	-4.30	INTJ
easat-9326	200	10	)	)	PUNCT
easat-9326	200	11	(	(	PUNCT
easat-9326	200	12	-1.76	-1.76	NUM
easat-9326	200	13	)	)	PUNCT
easat-9326	200	14	(	(	PUNCT
easat-9326	200	15	-1.05	-1.05	NOUN
easat-9326	200	16	)	)	PUNCT
easat-9326	200	17	2021.year	2021.year	NOUN
easat-9326	200	18	-0.025	-0.025	NOUN
easat-9326	200	19	*	*	PUNCT
easat-9326	200	20	*	*	PUNCT
easat-9326	200	21	*	*	PUNCT
easat-9326	200	22	-0.014	-0.014	NOUN
easat-9326	200	23	*	*	PUNCT
easat-9326	200	24	*	*	PUNCT
easat-9326	200	25	*	*	PUNCT
easat-9326	200	26	-0.010	-0.010	PUNCT
easat-9326	200	27	*	*	PUNCT
easat-9326	200	28	*	*	PUNCT
easat-9326	200	29	(	(	PUNCT
easat-9326	200	30	-5.42	-5.42	NOUN
easat-9326	200	31	)	)	PUNCT
easat-9326	200	32	(	(	PUNCT
easat-9326	200	33	-2.78	-2.78	NOUN
easat-9326	200	34	)	)	PUNCT
easat-9326	200	35	(	(	PUNCT
easat-9326	200	36	-2.02	-2.02	NUM
easat-9326	200	37	)	)	PUNCT
easat-9326	200	38	2022.year	2022.year	NOUN
easat-9326	200	39	-0.028	-0.028	NOUN
easat-9326	201	1	*	*	PUNCT
easat-9326	201	2	*	*	PUNCT
easat-9326	201	3	*	*	PUNCT
easat-9326	201	4	-0.017	-0.017	PROPN
easat-9326	201	5	*	*	NOUN
easat-9326	201	6	*	*	PUNCT
easat-9326	201	7	*	*	PUNCT
easat-9326	201	8	-0.012	-0.012	PROPN
easat-9326	201	9	*	*	PUNCT
easat-9326	201	10	*	*	PUNCT
easat-9326	201	11	(	(	PUNCT
easat-9326	201	12	-5.28	-5.28	NOUN
easat-9326	201	13	)	)	PUNCT
easat-9326	201	14	(	(	PUNCT
easat-9326	201	15	-2.91	-2.91	NOUN
easat-9326	201	16	)	)	PUNCT
easat-9326	201	17	(	(	PUNCT
easat-9326	201	18	-1.97	-1.97	NOUN
easat-9326	201	19	)	)	PUNCT
easat-9326	201	20	2023.year	2023.year	NOUN
easat-9326	201	21	-0.033	-0.033	NOUN
easat-9326	201	22	*	*	PUNCT
easat-9326	201	23	*	*	PUNCT
easat-9326	201	24	*	*	PUNCT
easat-9326	202	1	-0.022	-0.022	PUNCT
easat-9326	202	2	*	*	PUNCT
easat-9326	202	3	*	*	PUNCT
easat-9326	202	4	*	*	PUNCT
easat-9326	202	5	-0.017	-0.017	PROPN
easat-9326	202	6	*	*	PUNCT
easat-9326	202	7	*	*	PUNCT
easat-9326	202	8	(	(	PUNCT
easat-9326	202	9	-5.71	-5.71	NOUN
easat-9326	202	10	)	)	PUNCT
easat-9326	202	11	(	(	PUNCT
easat-9326	202	12	-3.42	-3.42	NUM
easat-9326	202	13	)	)	PUNCT
easat-9326	202	14	(	(	PUNCT
easat-9326	202	15	-2.57	-2.57	NUM
easat-9326	202	16	)	)	PUNCT
easat-9326	202	17	l1.esg	l1.esg	X
easat-9326	203	1	3.901	3.901	NUM
easat-9326	203	2	*	*	PUNCT
easat-9326	203	3	*	*	PUNCT
easat-9326	203	4	*	*	PUNCT
easat-9326	203	5	(	(	PUNCT
easat-9326	203	6	3.30	3.30	NUM
easat-9326	203	7	)	)	PUNCT
easat-9326	203	8	l2.esg	l2.esg	VERB
easat-9326	203	9	2.904	2.904	NUM
easat-9326	203	10	*	*	NOUN
easat-9326	203	11	*	*	PUNCT
easat-9326	203	12	(	(	PUNCT
easat-9326	203	13	2.06	2.06	NUM
easat-9326	203	14	)	)	PUNCT
easat-9326	203	15	_	_	NOUN
easat-9326	203	16	cons	con	NOUN
easat-9326	203	17	-0.061	-0.061	PUNCT
easat-9326	203	18	-0.086	-0.086	PUNCT
easat-9326	203	19	*	*	PUNCT
easat-9326	204	1	-0.106	-0.106	PUNCT
easat-9326	204	2	*	*	PUNCT
easat-9326	204	3	(	(	PUNCT
easat-9326	204	4	-1.63	-1.63	NOUN
easat-9326	204	5	)	)	PUNCT
easat-9326	204	6	(	(	PUNCT
easat-9326	204	7	-1.90	-1.90	NOUN
easat-9326	204	8	)	)	PUNCT
easat-9326	204	9	(	(	PUNCT
easat-9326	204	10	-1.96	-1.96	NOUN
easat-9326	204	11	)	)	PUNCT
easat-9326	204	12	n	n	CCONJ
easat-9326	204	13	7897	7897	NUM
easat-9326	204	14	6631	6631	NUM
easat-9326	204	15	5448	5448	NUM
easat-9326	204	16	r2_a	r2_a	NOUN
easat-9326	204	17	0.141	0.141	NUM
easat-9326	204	18	0.129	0.129	NUM
easat-9326	204	19	0.113	0.113	NUM
easat-9326	204	20	f	f	PROPN
easat-9326	205	1	72.578	72.578	NUM
easat-9326	205	2	57.505	57.505	NUM
easat-9326	205	3	43.174	43.174	NUM
easat-9326	205	4	note	note	NOUN
easat-9326	205	5	:	:	PUNCT
easat-9326	205	6	t	t	PROPN
easat-9326	205	7	statistics	statistic	NOUN
easat-9326	205	8	in	in	ADP
easat-9326	205	9	parentheses	parenthesis	NOUN
easat-9326	205	10	.	.	PUNCT
easat-9326	206	1	*	*	PUNCT
easat-9326	207	1	p	p	X
easat-9326	207	2	<	<	X
easat-9326	207	3	0.1	0.1	NUM
easat-9326	207	4	,	,	PUNCT
easat-9326	207	5	*	*	PUNCT
easat-9326	207	6	*	*	PUNCT
easat-9326	207	7	p	p	X
easat-9326	207	8	<	<	X
easat-9326	207	9	0.05	0.05	NUM
easat-9326	207	10	,	,	PUNCT
easat-9326	207	11	*	*	PUNCT
easat-9326	207	12	*	*	PUNCT
easat-9326	207	13	*	*	PUNCT
easat-9326	207	14	p	p	X
easat-9326	207	15	<	<	X
easat-9326	207	16	0.01	0.01	NUM
easat-9326	207	17	502	502	NUM
easat-9326	207	18	edelweiss	edelweiss	PROPN
easat-9326	207	19	applied	apply	VERB
easat-9326	207	20	science	science	NOUN
easat-9326	207	21	and	and	CCONJ
easat-9326	207	22	technology	technology	NOUN
easat-9326	207	23	issn	issn	PROPN
easat-9326	207	24	:	:	PUNCT
easat-9326	207	25	2576	2576	NUM
easat-9326	207	26	-	-	SYM
easat-9326	207	27	8484	8484	NUM
easat-9326	207	28	vol	vol	NOUN
easat-9326	207	29	.	.	PROPN
easat-9326	208	1	9	9	NUM
easat-9326	208	2	,	,	PUNCT
easat-9326	208	3	no	no	INTJ
easat-9326	208	4	.	.	NOUN
easat-9326	208	5	8	8	NUM
easat-9326	208	6	:	:	PUNCT
easat-9326	208	7	493	493	NUM
easat-9326	208	8	-	-	SYM
easat-9326	208	9	504	504	NUM
easat-9326	208	10	,	,	PUNCT
easat-9326	208	11	2025	2025	NUM
easat-9326	208	12	doi	doi	NOUN
easat-9326	208	13	:	:	PUNCT
easat-9326	208	14	10.55214/2576	10.55214/2576	NUM
easat-9326	208	15	-	-	SYM
easat-9326	208	16	8484.v9i8.9326	8484.v9i8.9326	NUM
easat-9326	208	17	©	©	PROPN
easat-9326	208	18	2025	2025	NUM
easat-9326	208	19	by	by	ADP
easat-9326	208	20	the	the	DET
easat-9326	208	21	authors	author	NOUN
easat-9326	208	22	;	;	PUNCT
easat-9326	208	23	licensee	licensee	PROPN
easat-9326	208	24	learning	learn	VERB
easat-9326	208	25	gate	gate	PROPN
easat-9326	208	26	table	table	NOUN
easat-9326	208	27	6	6	NUM
easat-9326	208	28	presents	present	VERB
easat-9326	208	29	the	the	DET
easat-9326	208	30	robustness	robustness	NOUN
easat-9326	208	31	test	test	NOUN
easat-9326	208	32	results	result	NOUN
easat-9326	208	33	to	to	PART
easat-9326	208	34	verify	verify	VERB
easat-9326	208	35	the	the	DET
easat-9326	208	36	stability	stability	NOUN
easat-9326	208	37	of	of	ADP
easat-9326	208	38	the	the	DET
easat-9326	208	39	relationship	relationship	NOUN
easat-9326	208	40	between	between	ADP
easat-9326	208	41	esg	esg	PROPN
easat-9326	208	42	performance	performance	NOUN
easat-9326	208	43	and	and	CCONJ
easat-9326	208	44	firm	firm	ADJ
easat-9326	208	45	profitability	profitability	NOUN
easat-9326	208	46	.	.	PUNCT
easat-9326	209	1	model	model	NOUN
easat-9326	209	2	(	(	PUNCT
easat-9326	209	3	1	1	X
easat-9326	209	4	)	)	PUNCT
easat-9326	209	5	reaffirms	reaffirm	VERB
easat-9326	209	6	the	the	DET
easat-9326	209	7	positive	positive	ADJ
easat-9326	209	8	and	and	CCONJ
easat-9326	209	9	highly	highly	ADV
easat-9326	209	10	significant	significant	ADJ
easat-9326	209	11	effect	effect	NOUN
easat-9326	209	12	of	of	ADP
easat-9326	209	13	esg	esg	PROPN
easat-9326	209	14	on	on	ADP
easat-9326	209	15	roa	roa	PROPN
easat-9326	209	16	(	(	PUNCT
easat-9326	209	17	β	β	X
easat-9326	209	18	=	=	SYM
easat-9326	209	19	6.366	6.366	NUM
easat-9326	209	20	,	,	PUNCT
easat-9326	209	21	p	p	X
easat-9326	209	22	<	<	X
easat-9326	209	23	0.01	0.01	NUM
easat-9326	209	24	)	)	PUNCT
easat-9326	209	25	,	,	PUNCT
easat-9326	209	26	consistent	consistent	ADJ
easat-9326	209	27	with	with	ADP
easat-9326	209	28	earlier	early	ADJ
easat-9326	209	29	findings	finding	NOUN
easat-9326	209	30	.	.	PUNCT
easat-9326	210	1	models	model	NOUN
easat-9326	210	2	(	(	PUNCT
easat-9326	210	3	2	2	NUM
easat-9326	210	4	)	)	PUNCT
easat-9326	210	5	and	and	CCONJ
easat-9326	210	6	(	(	PUNCT
easat-9326	210	7	3	3	X
easat-9326	210	8	)	)	PUNCT
easat-9326	210	9	incorporate	incorporate	VERB
easat-9326	210	10	oneand	oneand	ADJ
easat-9326	210	11	two	two	NUM
easat-9326	210	12	-	-	PUNCT
easat-9326	210	13	period	period	NOUN
easat-9326	210	14	lags	lag	NOUN
easat-9326	210	15	of	of	ADP
easat-9326	210	16	esg	esg	PROPN
easat-9326	210	17	(	(	PUNCT
easat-9326	210	18	l1.esg	l1.esg	X
easat-9326	210	19	and	and	CCONJ
easat-9326	210	20	l2.esg	l2.esg	NOUN
easat-9326	210	21	)	)	PUNCT
easat-9326	210	22	,	,	PUNCT
easat-9326	210	23	both	both	PRON
easat-9326	210	24	of	of	ADP
easat-9326	210	25	which	which	PRON
easat-9326	210	26	remain	remain	VERB
easat-9326	210	27	positively	positively	ADV
easat-9326	210	28	significant	significant	ADJ
easat-9326	210	29	,	,	PUNCT
easat-9326	210	30	indicating	indicate	VERB
easat-9326	210	31	a	a	DET
easat-9326	210	32	persistent	persistent	ADJ
easat-9326	210	33	and	and	CCONJ
easat-9326	210	34	time	time	NOUN
easat-9326	210	35	-	-	PUNCT
easat-9326	210	36	lagged	lag	VERB
easat-9326	210	37	effect	effect	NOUN
easat-9326	210	38	of	of	ADP
easat-9326	210	39	esg	esg	PROPN
easat-9326	210	40	on	on	ADP
easat-9326	210	41	performance	performance	NOUN
easat-9326	210	42	.	.	PUNCT
easat-9326	211	1	most	most	ADJ
easat-9326	211	2	control	control	NOUN
easat-9326	211	3	variables	variable	NOUN
easat-9326	211	4	,	,	PUNCT
easat-9326	211	5	such	such	ADJ
easat-9326	211	6	as	as	ADP
easat-9326	211	7	tangible	tangible	ADJ
easat-9326	211	8	assets	asset	NOUN
easat-9326	211	9	and	and	CCONJ
easat-9326	211	10	sales	sale	NOUN
easat-9326	211	11	growth	growth	NOUN
easat-9326	211	12	,	,	PUNCT
easat-9326	211	13	continue	continue	VERB
easat-9326	211	14	to	to	PART
easat-9326	211	15	exhibit	exhibit	VERB
easat-9326	211	16	strong	strong	ADJ
easat-9326	211	17	significance	significance	NOUN
easat-9326	211	18	and	and	CCONJ
easat-9326	211	19	expected	expect	VERB
easat-9326	211	20	signs	sign	NOUN
easat-9326	211	21	.	.	PUNCT
easat-9326	212	1	the	the	DET
easat-9326	212	2	results	result	NOUN
easat-9326	212	3	confirm	confirm	VERB
easat-9326	212	4	the	the	DET
easat-9326	212	5	robustness	robustness	NOUN
easat-9326	212	6	of	of	ADP
easat-9326	212	7	the	the	DET
easat-9326	212	8	main	main	ADJ
easat-9326	212	9	findings	finding	NOUN
easat-9326	212	10	,	,	PUNCT
easat-9326	212	11	suggesting	suggest	VERB
easat-9326	212	12	that	that	SCONJ
easat-9326	212	13	the	the	DET
easat-9326	212	14	positive	positive	ADJ
easat-9326	212	15	impact	impact	NOUN
easat-9326	212	16	of	of	ADP
easat-9326	212	17	esg	esg	PROPN
easat-9326	212	18	on	on	ADP
easat-9326	212	19	firm	firm	ADJ
easat-9326	212	20	performance	performance	NOUN
easat-9326	212	21	holds	hold	VERB
easat-9326	212	22	under	under	ADP
easat-9326	212	23	alternative	alternative	ADJ
easat-9326	212	24	model	model	NOUN
easat-9326	212	25	specifications	specification	NOUN
easat-9326	212	26	and	and	CCONJ
easat-9326	212	27	time	time	NOUN
easat-9326	212	28	dynamics	dynamic	NOUN
easat-9326	212	29	.	.	PUNCT
easat-9326	213	1	5.6	5.6	NUM
easat-9326	213	2	.	.	PUNCT
easat-9326	214	1	heterogeneity	heterogeneity	NOUN
easat-9326	214	2	analysis	analysis	NOUN
easat-9326	214	3	table	table	NOUN
easat-9326	214	4	7	7	NUM
easat-9326	214	5	.	.	PUNCT
easat-9326	215	1	regression	regression	NOUN
easat-9326	215	2	table	table	NOUN
easat-9326	215	3	for	for	ADP
easat-9326	215	4	heterogeneity	heterogeneity	NOUN
easat-9326	215	5	analysis	analysis	NOUN
easat-9326	215	6	.	.	PUNCT
easat-9326	216	1	(	(	PUNCT
easat-9326	216	2	1	1	X
easat-9326	216	3	)	)	PUNCT
easat-9326	216	4	(	(	PUNCT
easat-9326	216	5	2	2	NUM
easat-9326	216	6	)	)	PUNCT
easat-9326	216	7	(	(	PUNCT
easat-9326	216	8	3	3	X
easat-9326	216	9	)	)	PUNCT
easat-9326	216	10	(	(	PUNCT
easat-9326	216	11	4	4	NUM
easat-9326	216	12	)	)	PUNCT
easat-9326	216	13	(	(	PUNCT
easat-9326	216	14	5	5	X
easat-9326	216	15	)	)	PUNCT
easat-9326	216	16	roa	roa	PROPN
easat-9326	216	17	roa	roa	PROPN
easat-9326	216	18	roa	roa	PROPN
easat-9326	216	19	roa	roa	PROPN
easat-9326	216	20	roa	roa	PROPN
easat-9326	216	21	esg	esg	PROPN
easat-9326	216	22	3.994	3.994	NUM
easat-9326	216	23	*	*	PUNCT
easat-9326	216	24	*	*	PUNCT
easat-9326	216	25	*	*	PUNCT
easat-9326	217	1	6.726	6.726	NUM
easat-9326	217	2	*	*	PUNCT
easat-9326	217	3	*	*	NOUN
easat-9326	218	1	14.454	14.454	NUM
easat-9326	218	2	*	*	PUNCT
easat-9326	218	3	*	*	PUNCT
easat-9326	218	4	*	*	PUNCT
easat-9326	219	1	14.928	14.928	NUM
easat-9326	219	2	*	*	PUNCT
easat-9326	219	3	*	*	PUNCT
easat-9326	219	4	*	*	PUNCT
easat-9326	219	5	-0.516	-0.516	PUNCT
easat-9326	219	6	(	(	PUNCT
easat-9326	219	7	2.84	2.84	NUM
easat-9326	219	8	)	)	PUNCT
easat-9326	219	9	(	(	PUNCT
easat-9326	219	10	2.53	2.53	NUM
easat-9326	219	11	)	)	PUNCT
easat-9326	219	12	(	(	PUNCT
easat-9326	219	13	3.92	3.92	NUM
easat-9326	219	14	)	)	PUNCT
easat-9326	219	15	(	(	PUNCT
easat-9326	219	16	2.74	2.74	NUM
easat-9326	219	17	)	)	PUNCT
easat-9326	219	18	(	(	PUNCT
easat-9326	219	19	-0.15	-0.15	NUM
easat-9326	219	20	)	)	PUNCT
easat-9326	219	21	size	size	NOUN
easat-9326	219	22	0.000	0.000	NUM
easat-9326	219	23	-0.006	-0.006	PROPN
easat-9326	219	24	*	*	PUNCT
easat-9326	219	25	-0.009	-0.009	X
easat-9326	219	26	*	*	PUNCT
easat-9326	219	27	-0.066	-0.066	PROPN
easat-9326	219	28	*	*	PUNCT
easat-9326	219	29	*	*	PUNCT
easat-9326	219	30	*	*	PUNCT
easat-9326	219	31	0.033	0.033	NUM
easat-9326	219	32	*	*	PUNCT
easat-9326	219	33	*	*	PUNCT
easat-9326	219	34	*	*	PUNCT
easat-9326	219	35	(	(	PUNCT
easat-9326	219	36	0.23	0.23	NUM
easat-9326	219	37	)	)	PUNCT
easat-9326	219	38	(	(	PUNCT
easat-9326	219	39	-1.67	-1.67	INTJ
easat-9326	219	40	)	)	PUNCT
easat-9326	219	41	(	(	PUNCT
easat-9326	219	42	-1.89	-1.89	NOUN
easat-9326	219	43	)	)	PUNCT
easat-9326	219	44	(	(	PUNCT
easat-9326	219	45	-8.23	-8.23	NUM
easat-9326	219	46	)	)	PUNCT
easat-9326	219	47	(	(	PUNCT
easat-9326	219	48	7.33	7.33	NUM
easat-9326	219	49	)	)	PUNCT
easat-9326	219	50	staffs	staff	NOUN
easat-9326	219	51	0.001	0.001	NUM
easat-9326	219	52	0.000	0.000	NUM
easat-9326	219	53	0.001	0.001	NUM
easat-9326	219	54	-0.001	-0.001	NUM
easat-9326	219	55	0.002	0.002	NUM
easat-9326	219	56	(	(	PUNCT
easat-9326	219	57	0.87	0.87	NUM
easat-9326	219	58	)	)	PUNCT
easat-9326	219	59	(	(	PUNCT
easat-9326	219	60	0.11	0.11	NUM
easat-9326	219	61	)	)	PUNCT
easat-9326	219	62	(	(	PUNCT
easat-9326	219	63	0.64	0.64	NUM
easat-9326	219	64	)	)	PUNCT
easat-9326	219	65	(	(	PUNCT
easat-9326	219	66	-0.41	-0.41	X
easat-9326	219	67	)	)	PUNCT
easat-9326	219	68	(	(	PUNCT
easat-9326	219	69	1.42	1.42	NUM
easat-9326	219	70	)	)	PUNCT
easat-9326	219	71	age	age	NOUN
easat-9326	219	72	0.001	0.001	NUM
easat-9326	219	73	0.009	0.009	NUM
easat-9326	219	74	*	*	PUNCT
easat-9326	219	75	*	*	PUNCT
easat-9326	219	76	-0.004	-0.004	PUNCT
easat-9326	219	77	0.003	0.003	NUM
easat-9326	219	78	-0.008	-0.008	NOUN
easat-9326	219	79	*	*	PUNCT
easat-9326	219	80	*	*	PUNCT
easat-9326	219	81	*	*	PUNCT
easat-9326	219	82	(	(	PUNCT
easat-9326	219	83	0.90	0.90	NUM
easat-9326	219	84	)	)	PUNCT
easat-9326	219	85	(	(	PUNCT
easat-9326	219	86	2.46	2.46	NUM
easat-9326	219	87	)	)	PUNCT
easat-9326	219	88	(	(	PUNCT
easat-9326	219	89	-0.52	-0.52	NUM
easat-9326	219	90	)	)	PUNCT
easat-9326	219	91	(	(	PUNCT
easat-9326	219	92	1.46	1.46	NUM
easat-9326	219	93	)	)	PUNCT
easat-9326	219	94	(	(	PUNCT
easat-9326	219	95	-6.38	-6.38	NOUN
easat-9326	219	96	)	)	PUNCT
easat-9326	219	97	tangible	tangible	ADJ
easat-9326	219	98	0.275	0.275	NUM
easat-9326	219	99	*	*	PUNCT
easat-9326	219	100	*	*	PUNCT
easat-9326	219	101	*	*	PUNCT
easat-9326	219	102	0.073	0.073	NUM
easat-9326	219	103	0.278	0.278	NUM
easat-9326	219	104	*	*	PUNCT
easat-9326	219	105	*	*	PUNCT
easat-9326	219	106	*	*	PUNCT
easat-9326	219	107	0.242	0.242	NUM
easat-9326	219	108	*	*	PUNCT
easat-9326	219	109	*	*	PUNCT
easat-9326	219	110	0.382	0.382	NUM
easat-9326	219	111	*	*	PUNCT
easat-9326	219	112	*	*	PUNCT
easat-9326	219	113	*	*	PUNCT
easat-9326	219	114	(	(	PUNCT
easat-9326	219	115	8.87	8.87	NUM
easat-9326	219	116	)	)	PUNCT
easat-9326	219	117	(	(	PUNCT
easat-9326	219	118	1.40	1.40	NUM
easat-9326	219	119	)	)	PUNCT
easat-9326	219	120	(	(	PUNCT
easat-9326	219	121	3.20	3.20	NUM
easat-9326	219	122	)	)	PUNCT
easat-9326	219	123	(	(	PUNCT
easat-9326	219	124	2.51	2.51	NUM
easat-9326	219	125	)	)	PUNCT
easat-9326	219	126	(	(	PUNCT
easat-9326	219	127	6.60	6.60	NUM
easat-9326	219	128	)	)	PUNCT
easat-9326	219	129	salesgrowth	salesgrowth	NOUN
easat-9326	219	130	0.047	0.047	NUM
easat-9326	219	131	*	*	PUNCT
easat-9326	219	132	*	*	PUNCT
easat-9326	219	133	*	*	PUNCT
easat-9326	219	134	0.051	0.051	NUM
easat-9326	219	135	*	*	PUNCT
easat-9326	219	136	*	*	PUNCT
easat-9326	219	137	*	*	PUNCT
easat-9326	219	138	0.065	0.065	NUM
easat-9326	219	139	*	*	PUNCT
easat-9326	219	140	*	*	PUNCT
easat-9326	219	141	*	*	PUNCT
easat-9326	219	142	0.003	0.003	NUM
easat-9326	219	143	*	*	PUNCT
easat-9326	219	144	*	*	PUNCT
easat-9326	219	145	*	*	PUNCT
easat-9326	219	146	0.002	0.002	NUM
easat-9326	219	147	*	*	PUNCT
easat-9326	219	148	*	*	PUNCT
easat-9326	219	149	*	*	PUNCT
easat-9326	219	150	(	(	PUNCT
easat-9326	219	151	21.09	21.09	NUM
easat-9326	219	152	)	)	PUNCT
easat-9326	219	153	(	(	PUNCT
easat-9326	219	154	11.97	11.97	NUM
easat-9326	219	155	)	)	PUNCT
easat-9326	219	156	(	(	PUNCT
easat-9326	219	157	10.48	10.48	NUM
easat-9326	219	158	)	)	PUNCT
easat-9326	219	159	(	(	PUNCT
easat-9326	219	160	3.00	3.00	NUM
easat-9326	219	161	)	)	PUNCT
easat-9326	219	162	(	(	PUNCT
easat-9326	219	163	3.34	3.34	NUM
easat-9326	219	164	)	)	PUNCT
easat-9326	219	165	2014.year	2014.year	NOUN
easat-9326	220	1	0.000	0.000	NUM
easat-9326	220	2	0.000	0.000	NUM
easat-9326	220	3	0.000	0.000	NUM
easat-9326	220	4	0.000	0.000	NUM
easat-9326	220	5	0.000	0.000	NUM
easat-9326	220	6	(	(	PUNCT
easat-9326	220	7	.	.	PUNCT
easat-9326	220	8	)	)	PUNCT
easat-9326	221	1	(	(	PUNCT
easat-9326	221	2	.	.	PUNCT
easat-9326	221	3	)	)	PUNCT
easat-9326	222	1	(	(	PUNCT
easat-9326	222	2	.	.	PUNCT
easat-9326	222	3	)	)	PUNCT
easat-9326	223	1	(	(	PUNCT
easat-9326	223	2	.	.	PUNCT
easat-9326	223	3	)	)	PUNCT
easat-9326	224	1	(	(	PUNCT
easat-9326	224	2	.	.	PUNCT
easat-9326	224	3	)	)	PUNCT
easat-9326	224	4	2015.year	2015.year	NOUN
easat-9326	225	1	-0.009	-0.009	PUNCT
easat-9326	225	2	*	*	PUNCT
easat-9326	225	3	*	*	PUNCT
easat-9326	225	4	*	*	PUNCT
easat-9326	226	1	-0.021	-0.021	PUNCT
easat-9326	227	1	*	*	PUNCT
easat-9326	227	2	*	*	PUNCT
easat-9326	227	3	*	*	PUNCT
easat-9326	227	4	-0.018	-0.018	PUNCT
easat-9326	227	5	*	*	PUNCT
easat-9326	227	6	-0.020	-0.020	NOUN
easat-9326	227	7	*	*	PUNCT
easat-9326	227	8	*	*	PUNCT
easat-9326	227	9	-0.005	-0.005	PRON
easat-9326	227	10	(	(	PUNCT
easat-9326	227	11	-3.00	-3.00	NOUN
easat-9326	227	12	)	)	PUNCT
easat-9326	227	13	(	(	PUNCT
easat-9326	227	14	-3.38	-3.38	NUM
easat-9326	227	15	)	)	PUNCT
easat-9326	227	16	(	(	PUNCT
easat-9326	227	17	-1.70	-1.70	NOUN
easat-9326	227	18	)	)	PUNCT
easat-9326	227	19	(	(	PUNCT
easat-9326	227	20	-2.10	-2.10	NOUN
easat-9326	227	21	)	)	PUNCT
easat-9326	227	22	(	(	PUNCT
easat-9326	227	23	-0.74	-0.74	NOUN
easat-9326	227	24	)	)	PUNCT
easat-9326	227	25	2016.year	2016.year	NOUN
easat-9326	228	1	-0.013	-0.013	PUNCT
easat-9326	228	2	*	*	PUNCT
easat-9326	228	3	*	*	PUNCT
easat-9326	228	4	*	*	PUNCT
easat-9326	228	5	-0.027	-0.027	PUNCT
easat-9326	228	6	*	*	PUNCT
easat-9326	228	7	*	*	PUNCT
easat-9326	228	8	*	*	PUNCT
easat-9326	228	9	-0.002	-0.002	PUNCT
easat-9326	228	10	0.006	0.006	NUM
easat-9326	228	11	0.002	0.002	NUM
easat-9326	228	12	(	(	PUNCT
easat-9326	228	13	-3.22	-3.22	NUM
easat-9326	228	14	)	)	PUNCT
easat-9326	228	15	(	(	PUNCT
easat-9326	228	16	-3.03	-3.03	NOUN
easat-9326	228	17	)	)	PUNCT
easat-9326	228	18	(	(	PUNCT
easat-9326	228	19	-0.11	-0.11	X
easat-9326	228	20	)	)	PUNCT
easat-9326	228	21	(	(	PUNCT
easat-9326	228	22	0.63	0.63	NUM
easat-9326	228	23	)	)	PUNCT
easat-9326	228	24	(	(	PUNCT
easat-9326	228	25	0.37	0.37	NUM
easat-9326	228	26	)	)	PUNCT
easat-9326	228	27	2017.year	2017.year	NOUN
easat-9326	229	1	-0.014	-0.014	NOUN
easat-9326	229	2	*	*	PUNCT
easat-9326	229	3	*	*	PUNCT
easat-9326	229	4	*	*	PUNCT
easat-9326	229	5	-0.030	-0.030	PUNCT
easat-9326	229	6	*	*	PUNCT
easat-9326	229	7	*	*	PUNCT
easat-9326	229	8	0.003	0.003	NUM
easat-9326	229	9	0.007	0.007	NUM
easat-9326	229	10	0.006	0.006	NUM
easat-9326	229	11	(	(	PUNCT
easat-9326	229	12	-2.60	-2.60	NUM
easat-9326	229	13	)	)	PUNCT
easat-9326	229	14	(	(	PUNCT
easat-9326	229	15	-2.51	-2.51	NUM
easat-9326	229	16	)	)	PUNCT
easat-9326	229	17	(	(	PUNCT
easat-9326	229	18	0.13	0.13	NUM
easat-9326	229	19	)	)	PUNCT
easat-9326	229	20	(	(	PUNCT
easat-9326	229	21	0.73	0.73	NUM
easat-9326	229	22	)	)	PUNCT
easat-9326	229	23	(	(	PUNCT
easat-9326	229	24	1.00	1.00	NUM
easat-9326	229	25	)	)	PUNCT
easat-9326	229	26	2018.year	2018.year	NOUN
easat-9326	230	1	-0.021	-0.021	NOUN
easat-9326	230	2	*	*	PUNCT
easat-9326	230	3	*	*	PUNCT
easat-9326	230	4	*	*	PUNCT
easat-9326	230	5	-0.034	-0.034	PUNCT
easat-9326	230	6	*	*	PUNCT
easat-9326	230	7	*	*	NOUN
easat-9326	230	8	0.010	0.010	NUM
easat-9326	230	9	0.008	0.008	NUM
easat-9326	230	10	-0.010	-0.010	VERB
easat-9326	230	11	*	*	PUNCT
easat-9326	230	12	(	(	PUNCT
easat-9326	230	13	-3.06	-3.06	NUM
easat-9326	230	14	)	)	PUNCT
easat-9326	230	15	(	(	PUNCT
easat-9326	230	16	-2.20	-2.20	NUM
easat-9326	230	17	)	)	PUNCT
easat-9326	230	18	(	(	PUNCT
easat-9326	230	19	0.31	0.31	NUM
easat-9326	230	20	)	)	PUNCT
easat-9326	230	21	(	(	PUNCT
easat-9326	230	22	0.91	0.91	NUM
easat-9326	230	23	)	)	PUNCT
easat-9326	230	24	(	(	PUNCT
easat-9326	230	25	-1.72	-1.72	NOUN
easat-9326	230	26	)	)	PUNCT
easat-9326	230	27	2019.year	2019.year	NOUN
easat-9326	230	28	-0.023	-0.023	PROPN
easat-9326	230	29	*	*	PUNCT
easat-9326	230	30	*	*	PUNCT
easat-9326	230	31	*	*	PUNCT
easat-9326	230	32	-0.046	-0.046	PROPN
easat-9326	230	33	*	*	X
easat-9326	230	34	*	*	NOUN
easat-9326	230	35	0.016	0.016	NUM
easat-9326	230	36	-0.001	-0.001	NUM
easat-9326	230	37	-0.009	-0.009	PUNCT
easat-9326	230	38	(	(	PUNCT
easat-9326	230	39	-2.79	-2.79	NOUN
easat-9326	230	40	)	)	PUNCT
easat-9326	230	41	(	(	PUNCT
easat-9326	230	42	-2.45	-2.45	NUM
easat-9326	230	43	)	)	PUNCT
easat-9326	230	44	(	(	PUNCT
easat-9326	230	45	0.42	0.42	NUM
easat-9326	230	46	)	)	PUNCT
easat-9326	230	47	(	(	PUNCT
easat-9326	230	48	-0.14	-0.14	NOUN
easat-9326	230	49	)	)	PUNCT
easat-9326	230	50	(	(	PUNCT
easat-9326	230	51	-1.49	-1.49	NOUN
easat-9326	230	52	)	)	PUNCT
easat-9326	230	53	2020.year	2020.year	NOUN
easat-9326	230	54	-0.025	-0.025	NOUN
easat-9326	230	55	*	*	PUNCT
easat-9326	230	56	*	*	PUNCT
easat-9326	230	57	-0.051	-0.051	PROPN
easat-9326	230	58	*	*	X
easat-9326	230	59	*	*	PROPN
easat-9326	230	60	0.015	0.015	NUM
easat-9326	230	61	0.001	0.001	NUM
easat-9326	230	62	-0.006	-0.006	X
easat-9326	230	63	(	(	PUNCT
easat-9326	230	64	-2.56	-2.56	NUM
easat-9326	230	65	)	)	PUNCT
easat-9326	230	66	(	(	PUNCT
easat-9326	230	67	-2.31	-2.31	NOUN
easat-9326	230	68	)	)	PUNCT
easat-9326	230	69	(	(	PUNCT
easat-9326	230	70	0.32	0.32	NUM
easat-9326	230	71	)	)	PUNCT
easat-9326	230	72	(	(	PUNCT
easat-9326	230	73	0.07	0.07	NUM
easat-9326	230	74	)	)	PUNCT
easat-9326	230	75	(	(	PUNCT
easat-9326	230	76	-0.95	-0.95	NOUN
easat-9326	230	77	)	)	PUNCT
easat-9326	230	78	2021.year	2021.year	NOUN
easat-9326	231	1	-0.035	-0.035	PROPN
easat-9326	231	2	*	*	PUNCT
easat-9326	231	3	*	*	PUNCT
easat-9326	231	4	*	*	PUNCT
easat-9326	231	5	-0.063	-0.063	ADJ
easat-9326	231	6	*	*	PUNCT
easat-9326	231	7	*	*	PUNCT
easat-9326	231	8	0.022	0.022	NUM
easat-9326	231	9	0.007	0.007	NUM
easat-9326	231	10	0.006	0.006	NUM
easat-9326	231	11	(	(	PUNCT
easat-9326	231	12	-3.15	-3.15	NOUN
easat-9326	231	13	)	)	PUNCT
easat-9326	231	14	(	(	PUNCT
easat-9326	231	15	-2.45	-2.45	NUM
easat-9326	231	16	)	)	PUNCT
easat-9326	231	17	(	(	PUNCT
easat-9326	231	18	0.40	0.40	NUM
easat-9326	231	19	)	)	PUNCT
easat-9326	231	20	(	(	PUNCT
easat-9326	231	21	0.65	0.65	NUM
easat-9326	231	22	)	)	PUNCT
easat-9326	231	23	(	(	PUNCT
easat-9326	231	24	0.90	0.90	NUM
easat-9326	231	25	)	)	PUNCT
easat-9326	231	26	2022.year	2022.year	NOUN
easat-9326	231	27	-0.038	-0.038	PUNCT
easat-9326	231	28	*	*	PUNCT
easat-9326	231	29	*	*	PUNCT
easat-9326	231	30	*	*	PUNCT
easat-9326	231	31	-0.070	-0.070	PUNCT
easat-9326	231	32	*	*	PUNCT
easat-9326	231	33	*	*	NOUN
easat-9326	231	34	0.015	0.015	NUM
easat-9326	231	35	0.001	0.001	NUM
easat-9326	231	36	-0.000	-0.000	PRON
easat-9326	231	37	(	(	PUNCT
easat-9326	231	38	-2.93	-2.93	NOUN
easat-9326	231	39	)	)	PUNCT
easat-9326	231	40	(	(	PUNCT
easat-9326	231	41	-2.37	-2.37	NUM
easat-9326	231	42	)	)	PUNCT
easat-9326	231	43	(	(	PUNCT
easat-9326	231	44	0.24	0.24	NUM
easat-9326	231	45	)	)	PUNCT
easat-9326	231	46	(	(	PUNCT
easat-9326	231	47	0.09	0.09	NUM
easat-9326	231	48	)	)	PUNCT
easat-9326	231	49	(	(	PUNCT
easat-9326	231	50	-0.02	-0.02	NOUN
easat-9326	231	51	)	)	PUNCT
easat-9326	231	52	2023.year	2023.year	NOUN
easat-9326	231	53	-0.042	-0.042	NOUN
easat-9326	231	54	*	*	PUNCT
easat-9326	231	55	*	*	PUNCT
easat-9326	231	56	*	*	PUNCT
easat-9326	231	57	-0.084	-0.084	NOUN
easat-9326	231	58	*	*	PUNCT
easat-9326	231	59	*	*	NOUN
easat-9326	232	1	0.020	0.020	NUM
easat-9326	232	2	0.000	0.000	NUM
easat-9326	232	3	0.000	0.000	NUM
easat-9326	232	4	(	(	PUNCT
easat-9326	232	5	-2.95	-2.95	PROPN
easat-9326	232	6	)	)	PUNCT
easat-9326	232	7	(	(	PUNCT
easat-9326	232	8	-2.57	-2.57	NUM
easat-9326	232	9	)	)	PUNCT
easat-9326	232	10	(	(	PUNCT
easat-9326	232	11	0.29	0.29	NUM
easat-9326	232	12	)	)	PUNCT
easat-9326	232	13	(	(	PUNCT
easat-9326	232	14	.	.	PUNCT
easat-9326	232	15	)	)	PUNCT
easat-9326	233	1	(	(	PUNCT
easat-9326	233	2	.	.	PUNCT
easat-9326	233	3	)	)	PUNCT
easat-9326	234	1	_	_	PRON
easat-9326	234	2	cons	con	NOUN
easat-9326	234	3	-0.258	-0.258	VERB
easat-9326	234	4	*	*	PUNCT
easat-9326	234	5	*	*	PUNCT
easat-9326	234	6	*	*	PUNCT
easat-9326	234	7	-0.058	-0.058	NUM
easat-9326	234	8	0.003	0.003	NUM
easat-9326	234	9	1.272	1.272	NUM
easat-9326	234	10	*	*	PUNCT
easat-9326	234	11	*	*	PUNCT
easat-9326	234	12	*	*	PUNCT
easat-9326	234	13	-0.913	-0.913	PUNCT
easat-9326	234	14	*	*	PUNCT
easat-9326	234	15	*	*	PUNCT
easat-9326	234	16	*	*	PUNCT
easat-9326	234	17	(	(	PUNCT
easat-9326	234	18	-4.55	-4.55	NOUN
easat-9326	234	19	)	)	PUNCT
easat-9326	234	20	(	(	PUNCT
easat-9326	234	21	-0.51	-0.51	NOUN
easat-9326	234	22	)	)	PUNCT
easat-9326	234	23	(	(	PUNCT
easat-9326	234	24	0.02	0.02	NUM
easat-9326	234	25	)	)	PUNCT
easat-9326	234	26	(	(	PUNCT
easat-9326	234	27	6.07	6.07	NUM
easat-9326	234	28	)	)	PUNCT
easat-9326	234	29	(	(	PUNCT
easat-9326	234	30	-8.65	-8.65	X
easat-9326	234	31	)	)	PUNCT
easat-9326	234	32	n	n	NOUN
easat-9326	234	33	5354	5354	NUM
easat-9326	235	1	1468	1468	NUM
easat-9326	235	2	1048	1048	NUM
easat-9326	235	3	3704	3704	NUM
easat-9326	235	4	3780	3780	NUM
easat-9326	235	5	r2_a	r2_a	NOUN
easat-9326	235	6	0.139	0.139	NUM
easat-9326	235	7	0.135	0.135	NUM
easat-9326	235	8	0.176	0.176	NUM
easat-9326	235	9	0.031	0.031	NUM
easat-9326	235	10	0.062	0.062	NUM
easat-9326	235	11	f	f	PROPN
easat-9326	235	12	48.176	48.176	NUM
easat-9326	235	13	12.858	12.858	NUM
easat-9326	235	14	12.523	12.523	NUM
easat-9326	235	15	7.142	7.142	NUM
easat-9326	235	16	14.604	14.604	NUM
easat-9326	235	17	note	note	NOUN
easat-9326	235	18	:	:	PUNCT
easat-9326	235	19	t	t	PROPN
easat-9326	235	20	statistics	statistic	NOUN
easat-9326	235	21	in	in	ADP
easat-9326	235	22	parentheses	parenthesis	NOUN
easat-9326	235	23	*	*	PUNCT
easat-9326	235	24	p	p	X
easat-9326	235	25	<	<	X
easat-9326	235	26	0.1	0.1	NUM
easat-9326	235	27	,	,	PUNCT
easat-9326	235	28	*	*	PUNCT
easat-9326	235	29	*	*	PUNCT
easat-9326	236	1	p	p	X
easat-9326	236	2	<	<	X
easat-9326	236	3	0.05	0.05	NUM
easat-9326	236	4	,	,	PUNCT
easat-9326	236	5	*	*	PUNCT
easat-9326	236	6	*	*	PUNCT
easat-9326	236	7	*	*	PUNCT
easat-9326	237	1	p	p	X
easat-9326	237	2	<	<	X
easat-9326	237	3	0.01	0.01	NUM
easat-9326	237	4	.	.	PUNCT
easat-9326	238	1	503	503	NUM
easat-9326	238	2	edelweiss	edelweiss	PROPN
easat-9326	238	3	applied	apply	VERB
easat-9326	238	4	science	science	NOUN
easat-9326	238	5	and	and	CCONJ
easat-9326	238	6	technology	technology	NOUN
easat-9326	238	7	issn	issn	PROPN
easat-9326	238	8	:	:	PUNCT
easat-9326	238	9	2576	2576	NUM
easat-9326	238	10	-	-	SYM
easat-9326	238	11	8484	8484	NUM
easat-9326	238	12	vol	vol	NOUN
easat-9326	238	13	.	.	PROPN
easat-9326	239	1	9	9	NUM
easat-9326	239	2	,	,	PUNCT
easat-9326	239	3	no	no	INTJ
easat-9326	239	4	.	.	NOUN
easat-9326	239	5	8	8	NUM
easat-9326	239	6	:	:	PUNCT
easat-9326	239	7	493	493	NUM
easat-9326	239	8	-	-	SYM
easat-9326	239	9	504	504	NUM
easat-9326	239	10	,	,	PUNCT
easat-9326	239	11	2025	2025	NUM
easat-9326	239	12	doi	doi	NOUN
easat-9326	239	13	:	:	PUNCT
easat-9326	239	14	10.55214/2576	10.55214/2576	NUM
easat-9326	239	15	-	-	SYM
easat-9326	239	16	8484.v9i8.9326	8484.v9i8.9326	NUM
easat-9326	239	17	©	©	PROPN
easat-9326	239	18	2025	2025	NUM
easat-9326	239	19	by	by	ADP
easat-9326	239	20	the	the	DET
easat-9326	239	21	authors	author	NOUN
easat-9326	239	22	;	;	PUNCT
easat-9326	239	23	licensee	licensee	PROPN
easat-9326	239	24	learning	learn	VERB
easat-9326	239	25	gate	gate	NOUN
easat-9326	239	26	table	table	NOUN
easat-9326	239	27	7	7	NUM
easat-9326	239	28	presents	present	VERB
easat-9326	239	29	the	the	DET
easat-9326	239	30	heterogeneity	heterogeneity	NOUN
easat-9326	239	31	analysis	analysis	NOUN
easat-9326	239	32	by	by	ADP
easat-9326	239	33	splitting	split	VERB
easat-9326	239	34	the	the	DET
easat-9326	239	35	sample	sample	NOUN
easat-9326	239	36	into	into	ADP
easat-9326	239	37	different	different	ADJ
easat-9326	239	38	subsamples	subsample	NOUN
easat-9326	239	39	.	.	PUNCT
easat-9326	240	1	the	the	DET
easat-9326	240	2	results	result	NOUN
easat-9326	240	3	indicate	indicate	VERB
easat-9326	240	4	that	that	SCONJ
easat-9326	240	5	the	the	DET
easat-9326	240	6	positive	positive	ADJ
easat-9326	240	7	effect	effect	NOUN
easat-9326	240	8	of	of	ADP
easat-9326	240	9	esg	esg	PROPN
easat-9326	240	10	on	on	ADP
easat-9326	240	11	roa	roa	PROPN
easat-9326	240	12	is	be	AUX
easat-9326	240	13	more	more	ADV
easat-9326	240	14	pronounced	pronounced	ADJ
easat-9326	240	15	and	and	CCONJ
easat-9326	240	16	statistically	statistically	ADV
easat-9326	240	17	significant	significant	ADJ
easat-9326	240	18	in	in	ADP
easat-9326	240	19	certain	certain	ADJ
easat-9326	240	20	subsamples	subsample	NOUN
easat-9326	240	21	.	.	PUNCT
easat-9326	241	1	for	for	ADP
easat-9326	241	2	example	example	NOUN
easat-9326	241	3	,	,	PUNCT
easat-9326	241	4	esg	esg	PROPN
easat-9326	241	5	has	have	VERB
easat-9326	241	6	a	a	DET
easat-9326	241	7	strong	strong	ADJ
easat-9326	241	8	and	and	CCONJ
easat-9326	241	9	significant	significant	ADJ
easat-9326	241	10	impact	impact	NOUN
easat-9326	241	11	on	on	ADP
easat-9326	241	12	firm	firm	ADJ
easat-9326	241	13	performance	performance	NOUN
easat-9326	241	14	among	among	ADP
easat-9326	241	15	medium	medium	ADJ
easat-9326	241	16	-	-	PUNCT
easat-9326	241	17	sized	sized	ADJ
easat-9326	241	18	and	and	CCONJ
easat-9326	241	19	high	high	ADV
easat-9326	241	20	-	-	PUNCT
easat-9326	241	21	performing	perform	VERB
easat-9326	241	22	firms	firm	NOUN
easat-9326	241	23	(	(	PUNCT
easat-9326	241	24	models	model	NOUN
easat-9326	241	25	2	2	NUM
easat-9326	241	26	and	and	CCONJ
easat-9326	241	27	3	3	NUM
easat-9326	241	28	)	)	PUNCT
easat-9326	241	29	,	,	PUNCT
easat-9326	241	30	with	with	ADP
easat-9326	241	31	coefficients	coefficient	NOUN
easat-9326	241	32	of	of	ADP
easat-9326	241	33	6.726	6.726	NUM
easat-9326	241	34	(	(	PUNCT
easat-9326	241	35	p	p	X
easat-9326	241	36	<	<	X
easat-9326	241	37	0.05	0.05	NUM
easat-9326	241	38	)	)	PUNCT
easat-9326	241	39	and	and	CCONJ
easat-9326	241	40	14.454	14.454	NUM
easat-9326	241	41	(	(	PUNCT
easat-9326	241	42	p	p	X
easat-9326	241	43	<	<	X
easat-9326	241	44	0.01	0.01	NUM
easat-9326	241	45	)	)	PUNCT
easat-9326	241	46	,	,	PUNCT
easat-9326	241	47	respectively	respectively	ADV
easat-9326	241	48	.	.	PUNCT
easat-9326	242	1	conversely	conversely	ADV
easat-9326	242	2	,	,	PUNCT
easat-9326	242	3	the	the	DET
easat-9326	242	4	effect	effect	NOUN
easat-9326	242	5	is	be	AUX
easat-9326	242	6	insignificant	insignificant	ADJ
easat-9326	242	7	in	in	ADP
easat-9326	242	8	the	the	DET
easat-9326	242	9	group	group	NOUN
easat-9326	242	10	represented	represent	VERB
easat-9326	242	11	by	by	ADP
easat-9326	242	12	model	model	NOUN
easat-9326	242	13	(	(	PUNCT
easat-9326	242	14	5	5	NUM
easat-9326	242	15	)	)	PUNCT
easat-9326	242	16	,	,	PUNCT
easat-9326	242	17	suggesting	suggest	VERB
easat-9326	242	18	possible	possible	ADJ
easat-9326	242	19	contextual	contextual	ADJ
easat-9326	242	20	or	or	CCONJ
easat-9326	242	21	structural	structural	ADJ
easat-9326	242	22	differences	difference	NOUN
easat-9326	242	23	.	.	PUNCT
easat-9326	243	1	these	these	DET
easat-9326	243	2	findings	finding	NOUN
easat-9326	243	3	highlight	highlight	VERB
easat-9326	243	4	that	that	SCONJ
easat-9326	243	5	the	the	DET
easat-9326	243	6	esg	esg	PROPN
easat-9326	243	7	–	–	PUNCT
easat-9326	243	8	performance	performance	NOUN
easat-9326	243	9	relationship	relationship	NOUN
easat-9326	243	10	is	be	AUX
easat-9326	243	11	not	not	PART
easat-9326	243	12	uniform	uniform	ADJ
easat-9326	243	13	across	across	ADP
easat-9326	243	14	all	all	DET
easat-9326	243	15	firms	firm	NOUN
easat-9326	243	16	and	and	CCONJ
easat-9326	243	17	may	may	AUX
easat-9326	243	18	depend	depend	VERB
easat-9326	243	19	on	on	ADP
easat-9326	243	20	firm	firm	ADJ
easat-9326	243	21	size	size	NOUN
easat-9326	243	22	,	,	PUNCT
easat-9326	243	23	profitability	profitability	NOUN
easat-9326	243	24	,	,	PUNCT
easat-9326	243	25	or	or	CCONJ
easat-9326	243	26	other	other	ADJ
easat-9326	243	27	characteristics	characteristic	NOUN
easat-9326	243	28	.	.	PUNCT
easat-9326	244	1	the	the	DET
easat-9326	244	2	heterogeneity	heterogeneity	NOUN
easat-9326	244	3	results	results	AUX
easat-9326	244	4	further	far	ADV
easat-9326	244	5	reinforce	reinforce	VERB
easat-9326	244	6	the	the	DET
easat-9326	244	7	importance	importance	NOUN
easat-9326	244	8	of	of	ADP
easat-9326	244	9	firm	firm	ADJ
easat-9326	244	10	-	-	PUNCT
easat-9326	244	11	level	level	NOUN
easat-9326	244	12	factors	factor	NOUN
easat-9326	244	13	in	in	ADP
easat-9326	244	14	shaping	shape	VERB
easat-9326	244	15	the	the	DET
easat-9326	244	16	benefits	benefit	NOUN
easat-9326	244	17	of	of	ADP
easat-9326	244	18	esg	esg	PROPN
easat-9326	244	19	practices	practice	NOUN
easat-9326	244	20	.	.	PUNCT
easat-9326	245	1	in	in	ADP
easat-9326	245	2	summary	summary	NOUN
easat-9326	245	3	,	,	PUNCT
easat-9326	245	4	the	the	DET
easat-9326	245	5	empirical	empirical	ADJ
easat-9326	245	6	results	result	NOUN
easat-9326	245	7	of	of	ADP
easat-9326	245	8	this	this	DET
easat-9326	245	9	study	study	NOUN
easat-9326	245	10	support	support	VERB
easat-9326	245	11	all	all	DET
easat-9326	245	12	the	the	DET
easat-9326	245	13	hypotheses	hypothesis	NOUN
easat-9326	245	14	:	:	PUNCT
easat-9326	245	15	esg	esg	NOUN
easat-9326	245	16	performance	performance	NOUN
easat-9326	245	17	is	be	AUX
easat-9326	245	18	positively	positively	ADV
easat-9326	245	19	related	relate	VERB
easat-9326	245	20	to	to	ADP
easat-9326	245	21	both	both	PRON
easat-9326	245	22	roa	roa	NOUN
easat-9326	245	23	and	and	CCONJ
easat-9326	245	24	green	green	ADJ
easat-9326	245	25	innovation	innovation	NOUN
easat-9326	245	26	,	,	PUNCT
easat-9326	245	27	green	green	ADJ
easat-9326	245	28	innovation	innovation	NOUN
easat-9326	245	29	is	be	AUX
easat-9326	245	30	positively	positively	ADV
easat-9326	245	31	related	relate	VERB
easat-9326	245	32	to	to	ADP
easat-9326	245	33	roa	roa	PROPN
easat-9326	245	34	,	,	PUNCT
easat-9326	245	35	and	and	CCONJ
easat-9326	245	36	green	green	ADJ
easat-9326	245	37	innovation	innovation	NOUN
easat-9326	245	38	mediates	mediate	VERB
easat-9326	245	39	the	the	DET
easat-9326	245	40	process	process	NOUN
easat-9326	245	41	by	by	ADP
easat-9326	245	42	which	which	PRON
easat-9326	245	43	esg	esg	PROPN
easat-9326	245	44	affects	affect	VERB
easat-9326	245	45	performance	performance	NOUN
easat-9326	245	46	.	.	PUNCT
easat-9326	246	1	these	these	DET
easat-9326	246	2	findings	finding	NOUN
easat-9326	246	3	are	be	AUX
easat-9326	246	4	in	in	ADP
easat-9326	246	5	line	line	NOUN
easat-9326	246	6	with	with	ADP
easat-9326	246	7	theoretical	theoretical	ADJ
easat-9326	246	8	expectations	expectation	NOUN
easat-9326	246	9	and	and	CCONJ
easat-9326	246	10	existing	exist	VERB
easat-9326	246	11	empirical	empirical	ADJ
easat-9326	246	12	studies	study	NOUN
easat-9326	246	13	,	,	PUNCT
easat-9326	246	14	further	far	ADV
easat-9326	246	15	validating	validate	VERB
easat-9326	246	16	the	the	DET
easat-9326	246	17	applicability	applicability	NOUN
easat-9326	246	18	of	of	ADP
easat-9326	246	19	stakeholder	stakeholder	NOUN
easat-9326	246	20	and	and	CCONJ
easat-9326	246	21	sustainability	sustainability	NOUN
easat-9326	246	22	theories	theory	NOUN
easat-9326	246	23	in	in	ADP
easat-9326	246	24	the	the	DET
easat-9326	246	25	context	context	NOUN
easat-9326	246	26	of	of	ADP
easat-9326	246	27	chinese	chinese	ADJ
easat-9326	246	28	firms	firm	NOUN
easat-9326	246	29	.	.	PUNCT
easat-9326	247	1	at	at	ADP
easat-9326	247	2	the	the	DET
easat-9326	247	3	same	same	ADJ
easat-9326	247	4	time	time	NOUN
easat-9326	247	5	,	,	PUNCT
easat-9326	247	6	it	it	PRON
easat-9326	247	7	is	be	AUX
easat-9326	247	8	important	important	ADJ
easat-9326	247	9	to	to	PART
easat-9326	247	10	note	note	VERB
easat-9326	247	11	that	that	SCONJ
easat-9326	247	12	the	the	DET
easat-9326	247	13	sample	sample	NOUN
easat-9326	247	14	of	of	ADP
easat-9326	247	15	this	this	DET
easat-9326	247	16	study	study	NOUN
easat-9326	247	17	covers	cover	VERB
easat-9326	247	18	different	different	ADJ
easat-9326	247	19	industries	industry	NOUN
easat-9326	247	20	and	and	CCONJ
easat-9326	247	21	types	type	NOUN
easat-9326	247	22	of	of	ADP
easat-9326	247	23	firms	firm	NOUN
easat-9326	247	24	,	,	PUNCT
easat-9326	247	25	but	but	CCONJ
easat-9326	247	26	the	the	DET
easat-9326	247	27	results	result	NOUN
easat-9326	247	28	are	be	AUX
easat-9326	247	29	somewhat	somewhat	ADV
easat-9326	247	30	generalisable	generalisable	ADJ
easat-9326	247	31	due	due	ADP
easat-9326	247	32	to	to	ADP
easat-9326	247	33	the	the	DET
easat-9326	247	34	consideration	consideration	NOUN
easat-9326	247	35	of	of	ADP
easat-9326	247	36	industry	industry	NOUN
easat-9326	247	37	and	and	CCONJ
easat-9326	247	38	year	year	NOUN
easat-9326	247	39	fixed	fix	VERB
easat-9326	247	40	effects	effect	NOUN
easat-9326	247	41	.	.	PUNCT
easat-9326	248	1	future	future	ADJ
easat-9326	248	2	research	research	NOUN
easat-9326	248	3	could	could	AUX
easat-9326	248	4	further	far	ADV
easat-9326	248	5	explore	explore	VERB
easat-9326	248	6	the	the	DET
easat-9326	248	7	differences	difference	NOUN
easat-9326	248	8	in	in	ADP
easat-9326	248	9	the	the	DET
easat-9326	248	10	role	role	NOUN
easat-9326	248	11	of	of	ADP
easat-9326	248	12	different	different	ADJ
easat-9326	248	13	esg	esg	NOUN
easat-9326	248	14	dimensions	dimension	NOUN
easat-9326	248	15	on	on	ADP
easat-9326	248	16	performance	performance	NOUN
easat-9326	248	17	and	and	CCONJ
easat-9326	248	18	cross	cross	ADJ
easat-9326	248	19	-	-	ADJ
easat-9326	248	20	country	country	ADJ
easat-9326	248	21	comparisons	comparison	NOUN
easat-9326	248	22	.	.	PUNCT
easat-9326	249	1	6	6	X
easat-9326	249	2	.	.	X
easat-9326	249	3	conclusion	conclusion	NOUN
easat-9326	249	4	this	this	DET
easat-9326	249	5	paper	paper	NOUN
easat-9326	249	6	systematically	systematically	ADV
easat-9326	249	7	analyses	analyse	VERB
easat-9326	249	8	the	the	DET
easat-9326	249	9	relationship	relationship	NOUN
easat-9326	249	10	between	between	ADP
easat-9326	249	11	esg	esg	PROPN
easat-9326	249	12	performance	performance	NOUN
easat-9326	249	13	,	,	PUNCT
easat-9326	249	14	green	green	ADJ
easat-9326	249	15	innovation	innovation	NOUN
easat-9326	249	16	and	and	CCONJ
easat-9326	249	17	firm	firm	ADJ
easat-9326	249	18	performance	performance	NOUN
easat-9326	249	19	(	(	PUNCT
easat-9326	249	20	roa	roa	NOUN
easat-9326	249	21	)	)	PUNCT
easat-9326	249	22	,	,	PUNCT
easat-9326	249	23	and	and	CCONJ
easat-9326	249	24	draws	draw	VERB
easat-9326	249	25	the	the	DET
easat-9326	249	26	following	follow	VERB
easat-9326	249	27	main	main	ADJ
easat-9326	249	28	conclusions	conclusion	NOUN
easat-9326	249	29	:	:	PUNCT
easat-9326	249	30	first	first	ADJ
easat-9326	249	31	,	,	PUNCT
easat-9326	249	32	good	good	ADJ
easat-9326	249	33	corporate	corporate	ADJ
easat-9326	249	34	esg	esg	PROPN
easat-9326	249	35	performance	performance	NOUN
easat-9326	249	36	significantly	significantly	ADV
easat-9326	249	37	contributes	contribute	VERB
easat-9326	249	38	to	to	ADP
easat-9326	249	39	the	the	DET
easat-9326	249	40	enhancement	enhancement	NOUN
easat-9326	249	41	of	of	ADP
easat-9326	249	42	return	return	NOUN
easat-9326	249	43	on	on	ADP
easat-9326	249	44	assets	asset	NOUN
easat-9326	249	45	(	(	PUNCT
easat-9326	249	46	roa	roa	NOUN
easat-9326	249	47	)	)	PUNCT
easat-9326	249	48	,	,	PUNCT
easat-9326	249	49	which	which	PRON
easat-9326	249	50	supports	support	VERB
easat-9326	249	51	the	the	DET
easat-9326	249	52	stakeholder	stakeholder	NOUN
easat-9326	249	53	theory	theory	NOUN
easat-9326	249	54	that	that	SCONJ
easat-9326	249	55	focusing	focus	VERB
easat-9326	249	56	on	on	ADP
easat-9326	249	57	multiple	multiple	ADJ
easat-9326	249	58	claims	claim	NOUN
easat-9326	249	59	leads	lead	VERB
easat-9326	249	60	to	to	ADP
easat-9326	249	61	better	well	ADJ
easat-9326	249	62	performance	performance	NOUN
easat-9326	249	63	.	.	PUNCT
easat-9326	250	1	second	second	ADJ
easat-9326	250	2	,	,	PUNCT
easat-9326	250	3	esg	esg	NOUN
easat-9326	250	4	performance	performance	NOUN
easat-9326	250	5	positively	positively	ADV
easat-9326	250	6	contributes	contribute	VERB
easat-9326	250	7	to	to	ADP
easat-9326	250	8	firms	firm	NOUN
easat-9326	250	9	'	'	PART
easat-9326	250	10	green	green	ADJ
easat-9326	250	11	innovation	innovation	NOUN
easat-9326	250	12	capability	capability	NOUN
easat-9326	250	13	,	,	PUNCT
easat-9326	250	14	suggesting	suggest	VERB
easat-9326	250	15	that	that	SCONJ
easat-9326	250	16	fulfilling	fulfil	VERB
easat-9326	250	17	environmental	environmental	ADJ
easat-9326	250	18	and	and	CCONJ
easat-9326	250	19	social	social	ADJ
easat-9326	250	20	responsibilities	responsibility	NOUN
easat-9326	250	21	stimulates	stimulate	VERB
easat-9326	250	22	more	more	ADJ
easat-9326	250	23	green	green	ADJ
easat-9326	250	24	innovation	innovation	NOUN
easat-9326	250	25	behaviour	behaviour	NOUN
easat-9326	250	26	.	.	PUNCT
easat-9326	251	1	third	third	ADJ
easat-9326	251	2	,	,	PUNCT
easat-9326	251	3	green	green	ADJ
easat-9326	251	4	innovation	innovation	NOUN
easat-9326	251	5	itself	itself	PRON
easat-9326	251	6	has	have	VERB
easat-9326	251	7	a	a	DET
easat-9326	251	8	positive	positive	ADJ
easat-9326	251	9	impact	impact	NOUN
easat-9326	251	10	on	on	ADP
easat-9326	251	11	financial	financial	ADJ
easat-9326	251	12	performance	performance	NOUN
easat-9326	251	13	,	,	PUNCT
easat-9326	251	14	suggesting	suggest	VERB
easat-9326	251	15	that	that	SCONJ
easat-9326	251	16	green	green	PROPN
easat-9326	251	17	r&d	r&d	NOUN
easat-9326	251	18	results	result	NOUN
easat-9326	251	19	can	can	AUX
easat-9326	251	20	be	be	AUX
easat-9326	251	21	translated	translate	VERB
easat-9326	251	22	into	into	ADP
easat-9326	251	23	economic	economic	ADJ
easat-9326	251	24	benefits	benefit	NOUN
easat-9326	251	25	.	.	PUNCT
easat-9326	252	1	fourth	fourth	ADJ
easat-9326	252	2	,	,	PUNCT
easat-9326	252	3	green	green	ADJ
easat-9326	252	4	innovation	innovation	NOUN
easat-9326	252	5	partially	partially	ADV
easat-9326	252	6	mediates	mediate	VERB
easat-9326	252	7	the	the	DET
easat-9326	252	8	relationship	relationship	NOUN
easat-9326	252	9	between	between	ADP
easat-9326	252	10	esg	esg	PROPN
easat-9326	252	11	and	and	CCONJ
easat-9326	252	12	roa	roa	PROPN
easat-9326	252	13	,	,	PUNCT
easat-9326	252	14	with	with	ADP
easat-9326	252	15	esg	esg	PROPN
easat-9326	252	16	indirectly	indirectly	ADV
easat-9326	252	17	driving	drive	VERB
easat-9326	252	18	performance	performance	NOUN
easat-9326	252	19	growth	growth	NOUN
easat-9326	252	20	by	by	ADP
easat-9326	252	21	enhancing	enhance	VERB
easat-9326	252	22	firms	firm	NOUN
easat-9326	252	23	'	'	PART
easat-9326	252	24	green	green	ADJ
easat-9326	252	25	innovation	innovation	NOUN
easat-9326	252	26	capabilities	capability	NOUN
easat-9326	252	27	.	.	PUNCT
easat-9326	253	1	this	this	PRON
easat-9326	253	2	suggests	suggest	VERB
easat-9326	253	3	that	that	SCONJ
easat-9326	253	4	green	green	ADJ
easat-9326	253	5	innovation	innovation	NOUN
easat-9326	253	6	is	be	AUX
easat-9326	253	7	an	an	DET
easat-9326	253	8	important	important	ADJ
easat-9326	253	9	path	path	NOUN
easat-9326	253	10	connecting	connect	VERB
easat-9326	253	11	esg	esg	PROPN
easat-9326	253	12	inputs	input	NOUN
easat-9326	253	13	to	to	ADP
easat-9326	253	14	economic	economic	ADJ
easat-9326	253	15	returns	return	NOUN
easat-9326	253	16	.	.	PUNCT
easat-9326	254	1	overall	overall	ADV
easat-9326	254	2	,	,	PUNCT
easat-9326	254	3	this	this	DET
easat-9326	254	4	study	study	NOUN
easat-9326	254	5	validates	validate	VERB
easat-9326	254	6	the	the	DET
easat-9326	254	7	core	core	ADJ
easat-9326	254	8	idea	idea	NOUN
easat-9326	254	9	of	of	ADP
easat-9326	254	10	stakeholder	stakeholder	NOUN
easat-9326	254	11	theory	theory	NOUN
easat-9326	254	12	and	and	CCONJ
easat-9326	254	13	sustainable	sustainable	ADJ
easat-9326	254	14	development	development	NOUN
easat-9326	254	15	theory	theory	NOUN
easat-9326	254	16	:	:	PUNCT
easat-9326	254	17	practicing	practice	VERB
easat-9326	254	18	esg	esg	PROPN
easat-9326	254	19	not	not	PART
easat-9326	254	20	only	only	ADV
easat-9326	254	21	meets	meet	VERB
easat-9326	254	22	the	the	DET
easat-9326	254	23	requirements	requirement	NOUN
easat-9326	254	24	of	of	ADP
easat-9326	254	25	social	social	ADJ
easat-9326	254	26	sustainable	sustainable	ADJ
easat-9326	254	27	development	development	NOUN
easat-9326	254	28	,	,	PUNCT
easat-9326	254	29	but	but	CCONJ
easat-9326	254	30	also	also	ADV
easat-9326	254	31	brings	bring	VERB
easat-9326	254	32	financial	financial	ADJ
easat-9326	254	33	benefits	benefit	NOUN
easat-9326	254	34	to	to	ADP
easat-9326	254	35	enterprises	enterprise	NOUN
easat-9326	254	36	.	.	PUNCT
easat-9326	255	1	transparency	transparency	NOUN
easat-9326	255	2	:	:	PUNCT
easat-9326	255	3	the	the	DET
easat-9326	255	4	authors	author	NOUN
easat-9326	255	5	confirm	confirm	VERB
easat-9326	255	6	that	that	SCONJ
easat-9326	255	7	the	the	DET
easat-9326	255	8	manuscript	manuscript	NOUN
easat-9326	255	9	is	be	AUX
easat-9326	255	10	an	an	DET
easat-9326	255	11	honest	honest	ADJ
easat-9326	255	12	,	,	PUNCT
easat-9326	255	13	accurate	accurate	ADJ
easat-9326	255	14	,	,	PUNCT
easat-9326	255	15	and	and	CCONJ
easat-9326	255	16	transparent	transparent	ADJ
easat-9326	255	17	account	account	NOUN
easat-9326	255	18	of	of	ADP
easat-9326	255	19	the	the	DET
easat-9326	255	20	study	study	NOUN
easat-9326	255	21	;	;	PUNCT
easat-9326	255	22	that	that	SCONJ
easat-9326	255	23	no	no	DET
easat-9326	255	24	vital	vital	ADJ
easat-9326	255	25	features	feature	NOUN
easat-9326	255	26	of	of	ADP
easat-9326	255	27	the	the	DET
easat-9326	255	28	study	study	NOUN
easat-9326	255	29	have	have	AUX
easat-9326	255	30	been	be	AUX
easat-9326	255	31	omitted	omit	VERB
easat-9326	255	32	;	;	PUNCT
easat-9326	255	33	and	and	CCONJ
easat-9326	255	34	that	that	SCONJ
easat-9326	255	35	any	any	DET
easat-9326	255	36	discrepancies	discrepancy	NOUN
easat-9326	255	37	from	from	ADP
easat-9326	255	38	the	the	DET
easat-9326	255	39	study	study	NOUN
easat-9326	255	40	as	as	SCONJ
easat-9326	255	41	planned	plan	VERB
easat-9326	255	42	have	have	AUX
easat-9326	255	43	been	be	AUX
easat-9326	255	44	explained	explain	VERB
easat-9326	255	45	.	.	PUNCT
easat-9326	256	1	this	this	DET
easat-9326	256	2	study	study	NOUN
easat-9326	256	3	followed	follow	VERB
easat-9326	256	4	all	all	DET
easat-9326	256	5	ethical	ethical	ADJ
easat-9326	256	6	practices	practice	NOUN
easat-9326	256	7	during	during	ADP
easat-9326	256	8	writing	writing	NOUN
easat-9326	256	9	.	.	PUNCT
easat-9326	257	1	copyright	copyright	NOUN
easat-9326	257	2	:	:	PUNCT
easat-9326	257	3	©	©	PROPN
easat-9326	257	4	2025	2025	NUM
easat-9326	257	5	by	by	ADP
easat-9326	257	6	the	the	DET
easat-9326	257	7	authors	author	NOUN
easat-9326	257	8	.	.	PUNCT
easat-9326	258	1	this	this	DET
easat-9326	258	2	open	open	ADJ
easat-9326	258	3	-	-	PUNCT
easat-9326	258	4	access	access	NOUN
easat-9326	258	5	article	article	NOUN
easat-9326	258	6	is	be	AUX
easat-9326	258	7	distributed	distribute	VERB
easat-9326	258	8	under	under	ADP
easat-9326	258	9	the	the	DET
easat-9326	258	10	terms	term	NOUN
easat-9326	258	11	and	and	CCONJ
easat-9326	258	12	conditions	condition	NOUN
easat-9326	258	13	of	of	ADP
easat-9326	258	14	the	the	DET
easat-9326	258	15	creative	creative	ADJ
easat-9326	258	16	commons	common	NOUN
easat-9326	258	17	attribution	attribution	NOUN
easat-9326	258	18	(	(	PUNCT
easat-9326	258	19	cc	cc	NOUN
easat-9326	258	20	by	by	ADP
easat-9326	258	21	)	)	PUNCT
easat-9326	258	22	license	license	NOUN
easat-9326	258	23	(	(	PUNCT
easat-9326	258	24	https://creativecommons.org/licenses/by/4.0/	https://creativecommons.org/licenses/by/4.0/	PROPN
easat-9326	258	25	)	)	PUNCT
easat-9326	258	26	.	.	PUNCT
easat-9326	259	1	references	reference	NOUN
easat-9326	259	2	[	[	X
easat-9326	259	3	1	1	NUM
easat-9326	259	4	]	]	PUNCT
easat-9326	259	5	x.	x.	NOUN
easat-9326	259	6	zhao	zhao	PROPN
easat-9326	259	7	,	,	PUNCT
easat-9326	259	8	x.	x.	PROPN
easat-9326	259	9	ma	ma	PROPN
easat-9326	259	10	,	,	PUNCT
easat-9326	259	11	b.	b.	PROPN
easat-9326	259	12	chen	chen	PROPN
easat-9326	259	13	,	,	PUNCT
easat-9326	259	14	y.	y.	PROPN
easat-9326	259	15	shang	shang	PROPN
easat-9326	259	16	,	,	PUNCT
easat-9326	259	17	and	and	CCONJ
easat-9326	259	18	m.	m.	NOUN
easat-9326	259	19	song	song	NOUN
easat-9326	259	20	,	,	PUNCT
easat-9326	259	21	"	"	PUNCT
easat-9326	259	22	challenges	challenge	NOUN
easat-9326	259	23	toward	toward	ADP
easat-9326	259	24	carbon	carbon	NOUN
easat-9326	259	25	neutrality	neutrality	NOUN
easat-9326	259	26	in	in	ADP
easat-9326	259	27	china	china	PROPN
easat-9326	259	28	:	:	PUNCT
easat-9326	259	29	strategies	strategy	NOUN
easat-9326	259	30	and	and	CCONJ
easat-9326	259	31	countermeasures	countermeasure	NOUN
easat-9326	259	32	,	,	PUNCT
easat-9326	259	33	"	"	PUNCT
easat-9326	259	34	resources	resource	NOUN
easat-9326	259	35	,	,	PUNCT
easat-9326	259	36	conservation	conservation	NOUN
easat-9326	259	37	and	and	CCONJ
easat-9326	259	38	recycling	recycling	NOUN
easat-9326	259	39	,	,	PUNCT
easat-9326	259	40	vol	vol	NOUN
easat-9326	259	41	.	.	PROPN
easat-9326	259	42	176	176	NUM
easat-9326	259	43	,	,	PUNCT
easat-9326	259	44	p.	p.	NOUN
easat-9326	259	45	105959	105959	NUM
easat-9326	259	46	,	,	PUNCT
easat-9326	259	47	2022	2022	NUM
easat-9326	259	48	.	.	PUNCT
easat-9326	260	1	https://doi.org/10.1016/j.resconrec.2021.105959	https://doi.org/10.1016/j.resconrec.2021.105959	NOUN
easat-9326	260	2	[	[	X
easat-9326	260	3	2	2	NUM
easat-9326	260	4	]	]	PUNCT
easat-9326	260	5	r.	r.	PROPN
easat-9326	260	6	bao	bao	PROPN
easat-9326	260	7	and	and	CCONJ
easat-9326	260	8	l.	l.	PROPN
easat-9326	260	9	wei	wei	PROPN
easat-9326	260	10	,	,	PUNCT
easat-9326	260	11	"	"	PUNCT
easat-9326	260	12	the	the	DET
easat-9326	260	13	impact	impact	NOUN
easat-9326	260	14	of	of	ADP
easat-9326	260	15	companies	company	NOUN
easat-9326	260	16	disclosing	disclose	VERB
easat-9326	260	17	esg	esg	PROPN
easat-9326	260	18	reports	report	NOUN
easat-9326	260	19	in	in	ADP
easat-9326	260	20	multiple	multiple	ADJ
easat-9326	260	21	languages	language	NOUN
easat-9326	260	22	on	on	ADP
easat-9326	260	23	the	the	DET
easat-9326	260	24	enthusiasm	enthusiasm	NOUN
easat-9326	260	25	of	of	ADP
easat-9326	260	26	foreign	foreign	ADJ
easat-9326	260	27	investors	investor	NOUN
easat-9326	260	28	for	for	ADP
easat-9326	260	29	holding	hold	VERB
easat-9326	260	30	shares	share	NOUN
easat-9326	260	31	,	,	PUNCT
easat-9326	260	32	"	"	PUNCT
easat-9326	260	33	plos	plos	PROPN
easat-9326	260	34	one	one	NUM
easat-9326	260	35	,	,	PUNCT
easat-9326	260	36	vol	vol	NOUN
easat-9326	260	37	.	.	PROPN
easat-9326	260	38	19	19	NUM
easat-9326	260	39	,	,	PUNCT
easat-9326	260	40	no	no	INTJ
easat-9326	260	41	.	.	NOUN
easat-9326	260	42	3	3	NUM
easat-9326	260	43	,	,	PUNCT
easat-9326	260	44	p.	p.	NOUN
easat-9326	260	45	e0299643	e0299643	PROPN
easat-9326	260	46	,	,	PUNCT
easat-9326	260	47	2024	2024	NUM
easat-9326	260	48	.	.	PUNCT
easat-9326	261	1	https://doi.org/10.1371/journal.pone.0299643	https://doi.org/10.1371/journal.pone.0299643	NOUN
easat-9326	261	2	https://creativecommons.org/licenses/by/4.0/	https://creativecommons.org/licenses/by/4.0/	PROPN
easat-9326	261	3	https://doi.org/10.1016/j.resconrec.2021.105959	https://doi.org/10.1016/j.resconrec.2021.105959	NOUN
easat-9326	261	4	https://doi.org/10.1371/journal.pone.0299643	https://doi.org/10.1371/journal.pone.0299643	VERB
easat-9326	261	5	504	504	NUM
easat-9326	261	6	edelweiss	edelweiss	PROPN
easat-9326	261	7	applied	apply	VERB
easat-9326	261	8	science	science	NOUN
easat-9326	261	9	and	and	CCONJ
easat-9326	261	10	technology	technology	NOUN
easat-9326	261	11	issn	issn	PROPN
easat-9326	261	12	:	:	PUNCT
easat-9326	261	13	2576	2576	NUM
easat-9326	261	14	-	-	SYM
easat-9326	261	15	8484	8484	NUM
easat-9326	261	16	vol	vol	NOUN
easat-9326	261	17	.	.	PROPN
easat-9326	262	1	9	9	NUM
easat-9326	262	2	,	,	PUNCT
easat-9326	262	3	no	no	INTJ
easat-9326	262	4	.	.	NOUN
easat-9326	262	5	8	8	NUM
easat-9326	262	6	:	:	PUNCT
easat-9326	262	7	493	493	NUM
easat-9326	262	8	-	-	SYM
easat-9326	262	9	504	504	NUM
easat-9326	262	10	,	,	PUNCT
easat-9326	262	11	2025	2025	NUM
easat-9326	262	12	doi	doi	NOUN
easat-9326	262	13	:	:	PUNCT
easat-9326	262	14	10.55214/2576	10.55214/2576	NUM
easat-9326	262	15	-	-	SYM
easat-9326	262	16	8484.v9i8.9326	8484.v9i8.9326	NUM
easat-9326	262	17	©	©	PROPN
easat-9326	262	18	2025	2025	NUM
easat-9326	262	19	by	by	ADP
easat-9326	262	20	the	the	DET
easat-9326	262	21	authors	author	NOUN
easat-9326	262	22	;	;	PUNCT
easat-9326	263	1	licensee	licensee	PROPN
easat-9326	263	2	learning	learning	NOUN
easat-9326	263	3	gate	gate	NOUN
easat-9326	264	1	[	[	X
easat-9326	264	2	3	3	NUM
easat-9326	264	3	]	]	PUNCT
easat-9326	264	4	s.	s.	PROPN
easat-9326	264	5	chen	chen	PROPN
easat-9326	264	6	,	,	PUNCT
easat-9326	264	7	y.	y.	PROPN
easat-9326	264	8	song	song	PROPN
easat-9326	264	9	,	,	PUNCT
easat-9326	264	10	and	and	CCONJ
easat-9326	264	11	p.	p.	PROPN
easat-9326	264	12	gao	gao	PROPN
easat-9326	264	13	,	,	PUNCT
easat-9326	264	14	"	"	PUNCT
easat-9326	264	15	environmental	environmental	ADJ
easat-9326	264	16	,	,	PUNCT
easat-9326	264	17	social	social	ADJ
easat-9326	264	18	,	,	PUNCT
easat-9326	264	19	and	and	CCONJ
easat-9326	264	20	governance	governance	NOUN
easat-9326	264	21	(	(	PUNCT
easat-9326	264	22	esg	esg	NOUN
easat-9326	264	23	)	)	PUNCT
easat-9326	264	24	performance	performance	NOUN
easat-9326	264	25	and	and	CCONJ
easat-9326	264	26	financial	financial	ADJ
easat-9326	264	27	outcomes	outcome	NOUN
easat-9326	264	28	:	:	PUNCT
easat-9326	264	29	analyzing	analyze	VERB
easat-9326	264	30	the	the	DET
easat-9326	264	31	impact	impact	NOUN
easat-9326	264	32	of	of	ADP
easat-9326	264	33	esg	esg	PROPN
easat-9326	264	34	on	on	ADP
easat-9326	264	35	financial	financial	ADJ
easat-9326	264	36	performance	performance	NOUN
easat-9326	264	37	,	,	PUNCT
easat-9326	264	38	"	"	PUNCT
easat-9326	264	39	journal	journal	NOUN
easat-9326	264	40	of	of	ADP
easat-9326	264	41	environmental	environmental	ADJ
easat-9326	264	42	management	management	NOUN
easat-9326	264	43	,	,	PUNCT
easat-9326	264	44	vol	vol	NOUN
easat-9326	264	45	.	.	PROPN
easat-9326	264	46	345	345	NUM
easat-9326	264	47	,	,	PUNCT
easat-9326	264	48	p.	p.	NOUN
easat-9326	264	49	118829	118829	NUM
easat-9326	264	50	,	,	PUNCT
easat-9326	264	51	2023	2023	NUM
easat-9326	264	52	.	.	PUNCT
easat-9326	265	1	https://doi.org/10.1016/j.jenvman.2023.118829	https://doi.org/10.1016/j.jenvman.2023.118829	PROPN
easat-9326	265	2	[	[	X
easat-9326	265	3	4	4	X
easat-9326	265	4	]	]	X
easat-9326	265	5	c.	c.	PROPN
easat-9326	265	6	tian	tian	PROPN
easat-9326	265	7	and	and	CCONJ
easat-9326	265	8	s.	s.	PROPN
easat-9326	265	9	dong	dong	PROPN
easat-9326	265	10	,	,	PUNCT
easat-9326	265	11	"	"	PUNCT
easat-9326	265	12	the	the	DET
easat-9326	265	13	impact	impact	NOUN
easat-9326	265	14	of	of	ADP
easat-9326	265	15	esg	esg	NOUN
easat-9326	265	16	implementation	implementation	NOUN
easat-9326	265	17	on	on	ADP
easat-9326	265	18	financial	financial	ADJ
easat-9326	265	19	performance	performance	NOUN
easat-9326	265	20	in	in	ADP
easat-9326	265	21	non	non	ADJ
easat-9326	265	22	-	-	ADJ
easat-9326	265	23	state	state	NOUN
easat-9326	265	24	-	-	PUNCT
easat-9326	265	25	owned	own	VERB
easat-9326	265	26	enterprises	enterprise	NOUN
easat-9326	265	27	:	:	PUNCT
easat-9326	265	28	evidence	evidence	NOUN
easat-9326	265	29	from	from	ADP
easat-9326	265	30	china	china	PROPN
easat-9326	265	31	,	,	PUNCT
easat-9326	265	32	"	"	PUNCT
easat-9326	265	33	presented	present	VERB
easat-9326	265	34	at	at	ADP
easat-9326	265	35	the	the	DET
easat-9326	265	36	2024	2024	NUM
easat-9326	265	37	international	international	ADJ
easat-9326	265	38	conference	conference	NOUN
easat-9326	265	39	on	on	ADP
easat-9326	265	40	sustainable	sustainable	ADJ
easat-9326	265	41	finance	finance	NOUN
easat-9326	265	42	,	,	PUNCT
easat-9326	265	43	beijing	beijing	PROPN
easat-9326	265	44	,	,	PUNCT
easat-9326	265	45	china	china	PROPN
easat-9326	265	46	,	,	PUNCT
easat-9326	265	47	2024	2024	NUM
easat-9326	265	48	.	.	PUNCT
easat-9326	266	1	[	[	X
easat-9326	266	2	5	5	X
easat-9326	266	3	]	]	X
easat-9326	266	4	y.	y.	PROPN
easat-9326	266	5	xu	xu	PROPN
easat-9326	266	6	and	and	CCONJ
easat-9326	266	7	n.	n.	PROPN
easat-9326	266	8	zhu	zhu	PROPN
easat-9326	266	9	,	,	PUNCT
easat-9326	266	10	"	"	PUNCT
easat-9326	266	11	the	the	DET
easat-9326	266	12	effect	effect	NOUN
easat-9326	266	13	of	of	ADP
easat-9326	266	14	environmental	environmental	ADJ
easat-9326	266	15	,	,	PUNCT
easat-9326	266	16	social	social	ADJ
easat-9326	266	17	,	,	PUNCT
easat-9326	266	18	and	and	CCONJ
easat-9326	266	19	governance	governance	NOUN
easat-9326	266	20	(	(	PUNCT
easat-9326	266	21	esg	esg	NOUN
easat-9326	266	22	)	)	PUNCT
easat-9326	266	23	performance	performance	NOUN
easat-9326	266	24	on	on	ADP
easat-9326	266	25	corporate	corporate	ADJ
easat-9326	266	26	financial	financial	ADJ
easat-9326	266	27	performance	performance	NOUN
easat-9326	266	28	in	in	ADP
easat-9326	266	29	china	china	PROPN
easat-9326	266	30	:	:	PUNCT
easat-9326	266	31	based	base	VERB
easat-9326	266	32	on	on	ADP
easat-9326	266	33	the	the	DET
easat-9326	266	34	perspective	perspective	NOUN
easat-9326	266	35	of	of	ADP
easat-9326	266	36	innovation	innovation	NOUN
easat-9326	266	37	and	and	CCONJ
easat-9326	266	38	financial	financial	ADJ
easat-9326	266	39	constraints	constraint	NOUN
easat-9326	266	40	,	,	PUNCT
easat-9326	266	41	"	"	PUNCT
easat-9326	266	42	sustainability	sustainability	NOUN
easat-9326	266	43	,	,	PUNCT
easat-9326	266	44	vol	vol	NOUN
easat-9326	266	45	.	.	PROPN
easat-9326	266	46	16	16	NUM
easat-9326	266	47	,	,	PUNCT
easat-9326	266	48	no	no	INTJ
easat-9326	266	49	.	.	NOUN
easat-9326	266	50	8	8	NUM
easat-9326	266	51	,	,	PUNCT
easat-9326	266	52	p.	p.	NOUN
easat-9326	266	53	3329	3329	NUM
easat-9326	266	54	,	,	PUNCT
easat-9326	266	55	2024	2024	NUM
easat-9326	266	56	.	.	PUNCT
easat-9326	267	1	https://doi.org/10.3390/su16083329	https://doi.org/10.3390/su16083329	X
easat-9326	268	1	[	[	X
easat-9326	268	2	6	6	NUM
easat-9326	268	3	]	]	PUNCT
easat-9326	268	4	h.	h.	PROPN
easat-9326	268	5	ren	ren	PROPN
easat-9326	268	6	,	,	PUNCT
easat-9326	268	7	"	"	PUNCT
easat-9326	268	8	the	the	DET
easat-9326	268	9	role	role	NOUN
easat-9326	268	10	of	of	ADP
easat-9326	268	11	esg	esg	PROPN
easat-9326	268	12	and	and	CCONJ
easat-9326	268	13	green	green	ADJ
easat-9326	268	14	innovation	innovation	NOUN
easat-9326	268	15	in	in	ADP
easat-9326	268	16	enhancing	enhance	VERB
easat-9326	268	17	firm	firm	ADJ
easat-9326	268	18	value	value	NOUN
easat-9326	268	19	under	under	ADP
easat-9326	268	20	china	china	PROPN
easat-9326	268	21	's	's	PART
easat-9326	268	22	dual	dual	ADJ
easat-9326	268	23	-	-	PUNCT
easat-9326	268	24	carbon	carbon	NOUN
easat-9326	268	25	strategy	strategy	NOUN
easat-9326	268	26	,	,	PUNCT
easat-9326	268	27	"	"	PUNCT
easat-9326	268	28	presented	present	VERB
easat-9326	268	29	at	at	ADP
easat-9326	268	30	the	the	DET
easat-9326	268	31	2024	2024	NUM
easat-9326	268	32	international	international	ADJ
easat-9326	268	33	conference	conference	NOUN
easat-9326	268	34	on	on	ADP
easat-9326	268	35	environmental	environmental	ADJ
easat-9326	268	36	sustainability	sustainability	NOUN
easat-9326	268	37	,	,	PUNCT
easat-9326	268	38	shanghai	shanghai	PROPN
easat-9326	268	39	,	,	PUNCT
easat-9326	268	40	china	china	PROPN
easat-9326	268	41	,	,	PUNCT
easat-9326	268	42	2024	2024	NUM
easat-9326	268	43	.	.	PUNCT
easat-9326	269	1	[	[	X
easat-9326	269	2	7	7	X
easat-9326	269	3	]	]	X
easat-9326	269	4	y.	y.	PROPN
easat-9326	269	5	li	li	PROPN
easat-9326	269	6	and	and	CCONJ
easat-9326	269	7	h.	h.	PROPN
easat-9326	269	8	wang	wang	PROPN
easat-9326	269	9	,	,	PUNCT
easat-9326	269	10	"	"	PUNCT
easat-9326	269	11	environmental	environmental	ADJ
easat-9326	269	12	,	,	PUNCT
easat-9326	269	13	social	social	ADJ
easat-9326	269	14	and	and	CCONJ
easat-9326	269	15	governance	governance	NOUN
easat-9326	269	16	performance	performance	NOUN
easat-9326	269	17	on	on	ADP
easat-9326	269	18	brand	brand	NOUN
easat-9326	269	19	value	value	NOUN
easat-9326	269	20	in	in	ADP
easat-9326	269	21	the	the	DET
easat-9326	269	22	context	context	NOUN
easat-9326	269	23	of	of	ADP
easat-9326	269	24	“	"	PUNCT
easat-9326	269	25	dual	dual	ADJ
easat-9326	269	26	carbon	carbon	NOUN
easat-9326	269	27	”	"	PUNCT
easat-9326	269	28	:	:	PUNCT
easat-9326	269	29	the	the	DET
easat-9326	269	30	mediating	mediate	VERB
easat-9326	269	31	effect	effect	NOUN
easat-9326	269	32	of	of	ADP
easat-9326	269	33	r&d	r&d	NOUN
easat-9326	269	34	innovation	innovation	NOUN
easat-9326	269	35	,	,	PUNCT
easat-9326	269	36	"	"	PUNCT
easat-9326	269	37	sustainability	sustainability	NOUN
easat-9326	269	38	,	,	PUNCT
easat-9326	269	39	vol	vol	NOUN
easat-9326	269	40	.	.	PROPN
easat-9326	269	41	16	16	NUM
easat-9326	269	42	,	,	PUNCT
easat-9326	269	43	no	no	INTJ
easat-9326	269	44	.	.	NOUN
easat-9326	269	45	22	22	NUM
easat-9326	269	46	,	,	PUNCT
easat-9326	269	47	p.	p.	NOUN
easat-9326	269	48	10046	10046	NUM
easat-9326	269	49	,	,	PUNCT
easat-9326	269	50	2024	2024	NUM
easat-9326	269	51	.	.	PUNCT
easat-9326	270	1	https://doi.org/10.3390/su162210046	https://doi.org/10.3390/su162210046	X
easat-9326	271	1	[	[	X
easat-9326	271	2	8	8	X
easat-9326	271	3	]	]	PUNCT
easat-9326	271	4	j.	j.	PROPN
easat-9326	271	5	he	he	PRON
easat-9326	271	6	et	et	PROPN
easat-9326	271	7	al	al	PROPN
easat-9326	271	8	.	.	PROPN
easat-9326	271	9	,	,	PUNCT
easat-9326	271	10	"	"	PUNCT
easat-9326	271	11	research	research	NOUN
easat-9326	271	12	on	on	ADP
easat-9326	271	13	the	the	DET
easat-9326	271	14	relationship	relationship	NOUN
easat-9326	271	15	between	between	ADP
easat-9326	271	16	carbon	carbon	NOUN
easat-9326	271	17	performance	performance	NOUN
easat-9326	271	18	and	and	CCONJ
easat-9326	271	19	financial	financial	ADJ
easat-9326	271	20	performance	performance	NOUN
easat-9326	271	21	of	of	ADP
easat-9326	271	22	electric	electric	ADJ
easat-9326	271	23	power	power	NOUN
easat-9326	271	24	enterprises	enterprise	NOUN
easat-9326	271	25	under	under	ADP
easat-9326	271	26	the	the	DET
easat-9326	271	27	background	background	NOUN
easat-9326	271	28	of	of	ADP
easat-9326	271	29	“	"	PUNCT
easat-9326	271	30	dual	dual	ADJ
easat-9326	271	31	carbon	carbon	NOUN
easat-9326	271	32	”	"	PUNCT
easat-9326	271	33	,	,	PUNCT
easat-9326	271	34	"	"	PUNCT
easat-9326	271	35	frontiers	frontier	NOUN
easat-9326	271	36	in	in	ADP
easat-9326	271	37	environmental	environmental	ADJ
easat-9326	271	38	science	science	NOUN
easat-9326	271	39	,	,	PUNCT
easat-9326	271	40	vol	vol	NOUN
easat-9326	271	41	.	.	PROPN
easat-9326	271	42	12	12	NUM
easat-9326	271	43	,	,	PUNCT
easat-9326	271	44	2024	2024	NUM
easat-9326	271	45	.	.	PUNCT
easat-9326	272	1	https://doi.org/10.3389/fenvs.2024.1362450	https://doi.org/10.3389/fenvs.2024.1362450	NOUN
easat-9326	272	2	[	[	X
easat-9326	273	1	9	9	NUM
easat-9326	273	2	]	]	PUNCT
easat-9326	273	3	y.-j	y.-j	PROPN
easat-9326	273	4	.	.	PUNCT
easat-9326	273	5	chang	chang	PROPN
easat-9326	273	6	and	and	CCONJ
easat-9326	273	7	b.-h	b.-h	PROPN
easat-9326	273	8	.	.	PUNCT
easat-9326	274	1	lee	lee	PROPN
easat-9326	274	2	,	,	PUNCT
easat-9326	274	3	"	"	PUNCT
easat-9326	274	4	the	the	DET
easat-9326	274	5	impact	impact	NOUN
easat-9326	274	6	of	of	ADP
easat-9326	274	7	esg	esg	NOUN
easat-9326	274	8	activities	activity	NOUN
easat-9326	274	9	on	on	ADP
easat-9326	274	10	firm	firm	ADJ
easat-9326	274	11	value	value	NOUN
easat-9326	274	12	:	:	PUNCT
easat-9326	274	13	multi	multi	ADJ
easat-9326	274	14	-	-	ADJ
easat-9326	274	15	level	level	ADJ
easat-9326	274	16	analysis	analysis	NOUN
easat-9326	274	17	of	of	ADP
easat-9326	274	18	industrial	industrial	ADJ
easat-9326	274	19	characteristics	characteristic	NOUN
easat-9326	274	20	,	,	PUNCT
easat-9326	274	21	"	"	PUNCT
easat-9326	274	22	sustainability	sustainability	NOUN
easat-9326	274	23	,	,	PUNCT
easat-9326	274	24	vol	vol	NOUN
easat-9326	274	25	.	.	PROPN
easat-9326	274	26	14	14	NUM
easat-9326	274	27	,	,	PUNCT
easat-9326	274	28	no	no	INTJ
easat-9326	274	29	.	.	NOUN
easat-9326	274	30	21	21	NUM
easat-9326	274	31	,	,	PUNCT
easat-9326	274	32	p.	p.	NOUN
easat-9326	274	33	14444	14444	NUM
easat-9326	274	34	,	,	PUNCT
easat-9326	274	35	2022	2022	NUM
easat-9326	274	36	.	.	PUNCT
easat-9326	275	1	https://doi.org/10.3390/su142114444	https://doi.org/10.3390/su142114444	PUNCT
easat-9326	276	1	[	[	X
easat-9326	276	2	10	10	NUM
easat-9326	276	3	]	]	X
easat-9326	276	4	j.	j.	PROPN
easat-9326	276	5	zheng	zheng	PROPN
easat-9326	276	6	,	,	PUNCT
easat-9326	276	7	m.	m.	PROPN
easat-9326	276	8	u.	u.	PROPN
easat-9326	276	9	khurram	khurram	PROPN
easat-9326	276	10	,	,	PUNCT
easat-9326	276	11	and	and	CCONJ
easat-9326	276	12	l.	l.	PROPN
easat-9326	276	13	chen	chen	PROPN
easat-9326	276	14	,	,	PUNCT
easat-9326	276	15	"	"	PUNCT
easat-9326	276	16	can	can	AUX
easat-9326	276	17	green	green	ADJ
easat-9326	276	18	innovation	innovation	NOUN
easat-9326	276	19	affect	affect	VERB
easat-9326	276	20	esg	esg	NOUN
easat-9326	276	21	ratings	rating	NOUN
easat-9326	276	22	and	and	CCONJ
easat-9326	276	23	financial	financial	ADJ
easat-9326	276	24	performance	performance	NOUN
easat-9326	276	25	?	?	PUNCT
easat-9326	277	1	evidence	evidence	NOUN
easat-9326	277	2	from	from	ADP
easat-9326	277	3	chinese	chinese	ADJ
easat-9326	277	4	gem	gem	NOUN
easat-9326	277	5	listed	list	VERB
easat-9326	277	6	companies	company	NOUN
easat-9326	277	7	,	,	PUNCT
easat-9326	277	8	"	"	PUNCT
easat-9326	277	9	sustainability	sustainability	NOUN
easat-9326	277	10	,	,	PUNCT
easat-9326	277	11	vol	vol	NOUN
easat-9326	277	12	.	.	PROPN
easat-9326	277	13	14	14	NUM
easat-9326	277	14	,	,	PUNCT
easat-9326	277	15	no	no	INTJ
easat-9326	277	16	.	.	NOUN
easat-9326	277	17	14	14	NUM
easat-9326	277	18	,	,	PUNCT
easat-9326	277	19	p.	p.	NOUN
easat-9326	277	20	8677	8677	NUM
easat-9326	277	21	,	,	PUNCT
easat-9326	277	22	2022	2022	NUM
easat-9326	277	23	.	.	PUNCT
easat-9326	278	1	https://doi.org/10.3390/su14148677	https://doi.org/10.3390/su14148677	X
easat-9326	279	1	[	[	X
easat-9326	279	2	11	11	NUM
easat-9326	279	3	]	]	PUNCT
easat-9326	279	4	j.	j.	PROPN
easat-9326	279	5	lu	lu	PROPN
easat-9326	279	6	,	,	PUNCT
easat-9326	279	7	"	"	PUNCT
easat-9326	279	8	the	the	DET
easat-9326	279	9	impact	impact	NOUN
easat-9326	279	10	of	of	ADP
easat-9326	279	11	esg	esg	PROPN
easat-9326	279	12	performance	performance	NOUN
easat-9326	279	13	on	on	ADP
easat-9326	279	14	corporate	corporate	ADJ
easat-9326	279	15	green	green	ADJ
easat-9326	279	16	innovation	innovation	NOUN
easat-9326	279	17	:	:	PUNCT
easat-9326	279	18	evidence	evidence	NOUN
easat-9326	279	19	from	from	ADP
easat-9326	279	20	a	a	DET
easat-9326	279	21	-	-	PUNCT
easat-9326	279	22	share	share	NOUN
easat-9326	279	23	listed	list	VERB
easat-9326	279	24	companies	company	NOUN
easat-9326	279	25	,	,	PUNCT
easat-9326	279	26	"	"	PUNCT
easat-9326	279	27	sustainability	sustainability	NOUN
easat-9326	279	28	accounting	accounting	NOUN
easat-9326	279	29	,	,	PUNCT
easat-9326	279	30	management	management	NOUN
easat-9326	279	31	and	and	CCONJ
easat-9326	279	32	policy	policy	NOUN
easat-9326	279	33	journal	journal	NOUN
easat-9326	279	34	,	,	PUNCT
easat-9326	279	35	vol	vol	NOUN
easat-9326	279	36	.	.	PROPN
easat-9326	279	37	14	14	NUM
easat-9326	279	38	,	,	PUNCT
easat-9326	279	39	no	no	INTJ
easat-9326	279	40	.	.	NOUN
easat-9326	279	41	3	3	NUM
easat-9326	279	42	,	,	PUNCT
easat-9326	279	43	pp	pp	ADJ
easat-9326	279	44	.	.	PUNCT
easat-9326	280	1	345–367	345–367	NUM
easat-9326	280	2	,	,	PUNCT
easat-9326	280	3	2023	2023	NUM
easat-9326	280	4	.	.	PUNCT
easat-9326	281	1	[	[	X
easat-9326	281	2	12	12	NUM
easat-9326	281	3	]	]	X
easat-9326	281	4	w.	w.	PROPN
easat-9326	281	5	friske	friske	PROPN
easat-9326	281	6	,	,	PUNCT
easat-9326	281	7	s.	s.	PROPN
easat-9326	281	8	a.	a.	PROPN
easat-9326	281	9	hoelscher	hoelscher	ADV
easat-9326	281	10	,	,	PUNCT
easat-9326	281	11	and	and	CCONJ
easat-9326	281	12	a.	a.	NOUN
easat-9326	281	13	n.	n.	PROPN
easat-9326	281	14	nikolov	nikolov	PROPN
easat-9326	281	15	,	,	PUNCT
easat-9326	281	16	"	"	PUNCT
easat-9326	281	17	the	the	DET
easat-9326	281	18	impact	impact	NOUN
easat-9326	281	19	of	of	ADP
easat-9326	281	20	voluntary	voluntary	ADJ
easat-9326	281	21	sustainability	sustainability	NOUN
easat-9326	281	22	reporting	report	VERB
easat-9326	281	23	on	on	ADP
easat-9326	281	24	firm	firm	ADJ
easat-9326	281	25	value	value	NOUN
easat-9326	281	26	:	:	PUNCT
easat-9326	281	27	insights	insight	NOUN
easat-9326	281	28	from	from	ADP
easat-9326	281	29	signaling	signal	VERB
easat-9326	281	30	theory	theory	NOUN
easat-9326	281	31	,	,	PUNCT
easat-9326	281	32	"	"	PUNCT
easat-9326	281	33	journal	journal	NOUN
easat-9326	281	34	of	of	ADP
easat-9326	281	35	the	the	DET
easat-9326	281	36	academy	academy	NOUN
easat-9326	281	37	of	of	ADP
easat-9326	281	38	marketing	marketing	NOUN
easat-9326	281	39	science	science	NOUN
easat-9326	281	40	,	,	PUNCT
easat-9326	281	41	vol	vol	NOUN
easat-9326	281	42	.	.	PROPN
easat-9326	281	43	51	51	NUM
easat-9326	281	44	,	,	PUNCT
easat-9326	281	45	no	no	INTJ
easat-9326	281	46	.	.	NOUN
easat-9326	281	47	2	2	NUM
easat-9326	281	48	,	,	PUNCT
easat-9326	281	49	pp	pp	ADJ
easat-9326	281	50	.	.	PUNCT
easat-9326	282	1	372	372	NUM
easat-9326	282	2	-	-	SYM
easat-9326	282	3	392	392	NUM
easat-9326	282	4	,	,	PUNCT
easat-9326	282	5	2023	2023	NUM
easat-9326	282	6	.	.	PUNCT
easat-9326	283	1	https://doi.org/10.1007/s11747-022-00879-2	https://doi.org/10.1007/s11747-022-00879-2	NOUN
easat-9326	284	1	[	[	X
easat-9326	284	2	13	13	NUM
easat-9326	284	3	]	]	PUNCT
easat-9326	284	4	x.	x.	NOUN
easat-9326	284	5	wei	wei	PROPN
easat-9326	284	6	and	and	CCONJ
easat-9326	284	7	x.	x.	PROPN
easat-9326	284	8	li	li	PROPN
easat-9326	284	9	,	,	PUNCT
easat-9326	284	10	"	"	PUNCT
easat-9326	284	11	the	the	DET
easat-9326	284	12	mediating	mediate	VERB
easat-9326	284	13	role	role	NOUN
easat-9326	284	14	of	of	ADP
easat-9326	284	15	esg	esg	PROPN
easat-9326	284	16	ratings	rating	NOUN
easat-9326	284	17	in	in	ADP
easat-9326	284	18	the	the	DET
easat-9326	284	19	relationship	relationship	NOUN
easat-9326	284	20	between	between	ADP
easat-9326	284	21	green	green	ADJ
easat-9326	284	22	technological	technological	ADJ
easat-9326	284	23	innovation	innovation	NOUN
easat-9326	284	24	and	and	CCONJ
easat-9326	284	25	firm	firm	ADJ
easat-9326	284	26	market	market	NOUN
easat-9326	284	27	value	value	NOUN
easat-9326	284	28	:	:	PUNCT
easat-9326	284	29	evidence	evidence	NOUN
easat-9326	284	30	from	from	ADP
easat-9326	284	31	the	the	DET
easat-9326	284	32	chinese	chinese	ADJ
easat-9326	284	33	manufacturing	manufacturing	NOUN
easat-9326	284	34	industry	industry	NOUN
easat-9326	284	35	,	,	PUNCT
easat-9326	284	36	"	"	PUNCT
easat-9326	284	37	presented	present	VERB
easat-9326	284	38	at	at	ADP
easat-9326	284	39	the	the	DET
easat-9326	284	40	2024	2024	NUM
easat-9326	284	41	international	international	ADJ
easat-9326	284	42	conference	conference	NOUN
easat-9326	284	43	on	on	ADP
easat-9326	284	44	sustainable	sustainable	ADJ
easat-9326	284	45	manufacturing	manufacturing	NOUN
easat-9326	284	46	,	,	PUNCT
easat-9326	284	47	2024	2024	NUM
easat-9326	284	48	.	.	PUNCT
easat-9326	285	1	[	[	X
easat-9326	285	2	14	14	NUM
easat-9326	285	3	]	]	X
easat-9326	285	4	j.	j.	PROPN
easat-9326	285	5	li	li	PROPN
easat-9326	285	6	,	,	PUNCT
easat-9326	285	7	"	"	PUNCT
easat-9326	285	8	the	the	DET
easat-9326	285	9	impact	impact	NOUN
easat-9326	285	10	of	of	ADP
easat-9326	285	11	esg	esg	PROPN
easat-9326	285	12	performance	performance	NOUN
easat-9326	285	13	on	on	ADP
easat-9326	285	14	financial	financial	ADJ
easat-9326	285	15	performance	performance	NOUN
easat-9326	285	16	:	:	PUNCT
easat-9326	285	17	the	the	DET
easat-9326	285	18	mediating	mediate	VERB
easat-9326	285	19	role	role	NOUN
easat-9326	285	20	of	of	ADP
easat-9326	285	21	innovation	innovation	NOUN
easat-9326	285	22	in	in	ADP
easat-9326	285	23	chinese	chinese	ADJ
easat-9326	285	24	highbrand	highbrand	ADJ
easat-9326	285	25	-	-	PUNCT
easat-9326	285	26	value	value	NOUN
easat-9326	285	27	firms	firm	NOUN
easat-9326	285	28	,	,	PUNCT
easat-9326	285	29	"	"	PUNCT
easat-9326	285	30	journal	journal	NOUN
easat-9326	285	31	of	of	ADP
easat-9326	285	32	business	business	NOUN
easat-9326	285	33	research	research	NOUN
easat-9326	285	34	,	,	PUNCT
easat-9326	285	35	vol	vol	NOUN
easat-9326	285	36	.	.	PROPN
easat-9326	285	37	134	134	NUM
easat-9326	285	38	,	,	PUNCT
easat-9326	285	39	pp	pp	ADJ
easat-9326	285	40	.	.	PUNCT
easat-9326	286	1	123–135	123–135	NUM
easat-9326	286	2	,	,	PUNCT
easat-9326	286	3	2021	2021	NUM
easat-9326	286	4	.	.	PUNCT
easat-9326	287	1	[	[	X
easat-9326	287	2	15	15	NUM
easat-9326	287	3	]	]	X
easat-9326	287	4	y.	y.	PROPN
easat-9326	287	5	qi	qi	PROPN
easat-9326	287	6	,	,	PUNCT
easat-9326	287	7	h.	h.	PROPN
easat-9326	287	8	wang	wang	PROPN
easat-9326	287	9	,	,	PUNCT
easat-9326	287	10	and	and	CCONJ
easat-9326	287	11	z.	z.	PROPN
easat-9326	287	12	li	li	PROPN
easat-9326	287	13	,	,	PUNCT
easat-9326	287	14	"	"	PUNCT
easat-9326	287	15	corporate	corporate	ADJ
easat-9326	287	16	social	social	ADJ
easat-9326	287	17	responsibility	responsibility	NOUN
easat-9326	287	18	and	and	CCONJ
easat-9326	287	19	firm	firm	ADJ
easat-9326	287	20	performance	performance	NOUN
easat-9326	287	21	:	:	PUNCT
easat-9326	287	22	the	the	DET
easat-9326	287	23	mediating	mediate	VERB
easat-9326	287	24	effect	effect	NOUN
easat-9326	287	25	of	of	ADP
easat-9326	287	26	r&d	r&d	NOUN
easat-9326	287	27	investment	investment	NOUN
easat-9326	287	28	,	,	PUNCT
easat-9326	287	29	"	"	PUNCT
easat-9326	287	30	sustainability	sustainability	NOUN
easat-9326	287	31	,	,	PUNCT
easat-9326	287	32	vol	vol	NOUN
easat-9326	287	33	.	.	PROPN
easat-9326	287	34	13	13	NUM
easat-9326	287	35	,	,	PUNCT
easat-9326	287	36	no	no	INTJ
easat-9326	287	37	.	.	NOUN
easat-9326	287	38	10	10	NUM
easat-9326	287	39	,	,	PUNCT
easat-9326	287	40	p.	p.	NOUN
easat-9326	287	41	5678	5678	NUM
easat-9326	287	42	,	,	PUNCT
easat-9326	287	43	2021	2021	NUM
easat-9326	287	44	.	.	PUNCT
easat-9326	288	1	https://doi.org/10.1016/j.jenvman.2023.118829	https://doi.org/10.1016/j.jenvman.2023.118829	PROPN
easat-9326	288	2	https://doi.org/10.3390/su16083329	https://doi.org/10.3390/su16083329	X
easat-9326	288	3	https://doi.org/10.3390/su162210046	https://doi.org/10.3390/su162210046	PROPN
easat-9326	288	4	https://doi.org/10.3389/fenvs.2024.1362450	https://doi.org/10.3389/fenvs.2024.1362450	PROPN
easat-9326	288	5	https://doi.org/10.3390/su142114444	https://doi.org/10.3390/su142114444	NOUN
easat-9326	288	6	https://doi.org/10.3390/su14148677	https://doi.org/10.3390/su14148677	PROPN
easat-9326	288	7	https://doi.org/10.1007/s11747-022-00879-2	https://doi.org/10.1007/s11747-022-00879-2	NOUN
