id	sid	tid	token	lemma	pos
easat-9600	1	1	edelweiss	edelweiss	PROPN
easat-9600	1	2	applied	apply	VERB
easat-9600	1	3	science	science	NOUN
easat-9600	1	4	and	and	CCONJ
easat-9600	1	5	technology	technology	NOUN
easat-9600	1	6	issn	issn	PROPN
easat-9600	1	7	:	:	PUNCT
easat-9600	1	8	2576	2576	NUM
easat-9600	1	9	-	-	SYM
easat-9600	1	10	8484	8484	NUM
easat-9600	1	11	vol	vol	NOUN
easat-9600	1	12	.	.	PROPN
easat-9600	2	1	9	9	NUM
easat-9600	2	2	,	,	PUNCT
easat-9600	2	3	no	no	INTJ
easat-9600	2	4	.	.	NOUN
easat-9600	2	5	8	8	NUM
easat-9600	2	6	,	,	PUNCT
easat-9600	2	7	1343	1343	NUM
easat-9600	2	8	-	-	SYM
easat-9600	2	9	1353	1353	NUM
easat-9600	2	10	2025	2025	NUM
easat-9600	2	11	publisher	publisher	NOUN
easat-9600	2	12	:	:	PUNCT
easat-9600	2	13	learning	learn	VERB
easat-9600	2	14	gate	gate	NOUN
easat-9600	2	15	doi	doi	PROPN
easat-9600	2	16	:	:	PUNCT
easat-9600	2	17	10.55214/2576	10.55214/2576	NUM
easat-9600	2	18	-	-	SYM
easat-9600	2	19	8484.v9i8.9600	8484.v9i8.9600	NUM
easat-9600	2	20	©	©	PROPN
easat-9600	2	21	2025	2025	NUM
easat-9600	2	22	by	by	ADP
easat-9600	2	23	the	the	DET
easat-9600	2	24	authors	author	NOUN
easat-9600	2	25	;	;	PUNCT
easat-9600	2	26	licensee	licensee	PROPN
easat-9600	2	27	learning	learning	NOUN
easat-9600	2	28	gate	gate	NOUN
easat-9600	3	1	©	©	PROPN
easat-9600	3	2	2025	2025	NUM
easat-9600	3	3	by	by	ADP
easat-9600	3	4	the	the	DET
easat-9600	3	5	authors	author	NOUN
easat-9600	3	6	;	;	PUNCT
easat-9600	3	7	licensee	licensee	PROPN
easat-9600	3	8	learning	learning	NOUN
easat-9600	3	9	gate	gate	NOUN
easat-9600	3	10	history	history	NOUN
easat-9600	3	11	:	:	PUNCT
easat-9600	3	12	received	receive	VERB
easat-9600	3	13	:	:	PUNCT
easat-9600	3	14	23	23	NUM
easat-9600	3	15	june	june	PROPN
easat-9600	3	16	2025	2025	NUM
easat-9600	3	17	;	;	PUNCT
easat-9600	3	18	revised	revise	VERB
easat-9600	3	19	:	:	PUNCT
easat-9600	3	20	12	12	NUM
easat-9600	3	21	august	august	PROPN
easat-9600	3	22	2025	2025	NUM
easat-9600	3	23	;	;	PUNCT
easat-9600	3	24	accepted	accept	VERB
easat-9600	3	25	:	:	PUNCT
easat-9600	3	26	15	15	NUM
easat-9600	3	27	august	august	PROPN
easat-9600	3	28	2025	2025	NUM
easat-9600	3	29	;	;	PUNCT
easat-9600	3	30	published	publish	VERB
easat-9600	3	31	:	:	PUNCT
easat-9600	4	1	22	22	NUM
easat-9600	4	2	august	august	PROPN
easat-9600	4	3	2025	2025	NUM
easat-9600	4	4	*	*	PUNCT
easat-9600	4	5	correspondence	correspondence	NOUN
easat-9600	4	6	:	:	PUNCT
easat-9600	4	7	diannovita@unifa.ac.id	diannovita@unifa.ac.id	NOUN
easat-9600	4	8	testing	test	VERB
easat-9600	4	9	the	the	DET
easat-9600	4	10	mediating	mediate	VERB
easat-9600	4	11	effect	effect	NOUN
easat-9600	4	12	of	of	ADP
easat-9600	4	13	corporate	corporate	ADJ
easat-9600	4	14	sustainability	sustainability	NOUN
easat-9600	4	15	on	on	ADP
easat-9600	4	16	the	the	DET
easat-9600	4	17	relationship	relationship	NOUN
easat-9600	4	18	of	of	ADP
easat-9600	4	19	institutional	institutional	ADJ
easat-9600	4	20	ownership	ownership	NOUN
easat-9600	4	21	and	and	CCONJ
easat-9600	4	22	firm	firm	ADJ
easat-9600	4	23	value	value	NOUN
easat-9600	4	24	dian	dian	PROPN
easat-9600	4	25	novita1	novita1	PROPN
easat-9600	4	26	*	*	PROPN
easat-9600	4	27	,	,	PUNCT
easat-9600	4	28	amiruddin2	amiruddin2	NOUN
easat-9600	4	29	,	,	PUNCT
easat-9600	4	30	sri	sri	PROPN
easat-9600	4	31	sundari3	sundari3	PROPN
easat-9600	4	32	,	,	PUNCT
easat-9600	4	33	muhammad	muhammad	PROPN
easat-9600	4	34	irdam	irdam	PROPN
easat-9600	4	35	ferdiansah4	ferdiansah4	PROPN
easat-9600	4	36	1department	1department	NUM
easat-9600	4	37	of	of	ADP
easat-9600	4	38	accounting	accounting	NOUN
easat-9600	4	39	faculty	faculty	NOUN
easat-9600	4	40	of	of	ADP
easat-9600	4	41	economics	economic	NOUN
easat-9600	4	42	and	and	CCONJ
easat-9600	4	43	social	social	ADJ
easat-9600	4	44	science	science	NOUN
easat-9600	4	45	fajar	fajar	PROPN
easat-9600	4	46	university	university	PROPN
easat-9600	4	47	,	,	PUNCT
easat-9600	4	48	indonesia	indonesia	PROPN
easat-9600	4	49	;	;	PUNCT
easat-9600	4	50	diannovita@unifa.ac.id	diannovita@unifa.ac.id	NOUN
easat-9600	4	51	(	(	PUNCT
easat-9600	4	52	d.n	d.n	PROPN
easat-9600	4	53	.	.	PROPN
easat-9600	4	54	)	)	PUNCT
easat-9600	4	55	2,3,4,5department	2,3,4,5department	NUM
easat-9600	4	56	of	of	ADP
easat-9600	4	57	accounting	accounting	NOUN
easat-9600	4	58	faculty	faculty	NOUN
easat-9600	4	59	of	of	ADP
easat-9600	4	60	economics	economic	NOUN
easat-9600	4	61	and	and	CCONJ
easat-9600	4	62	business	business	NOUN
easat-9600	4	63	hasanuddin	hasanuddin	VERB
easat-9600	4	64	university	university	PROPN
easat-9600	4	65	,	,	PUNCT
easat-9600	4	66	indonesia	indonesia	PROPN
easat-9600	4	67	;	;	PUNCT
easat-9600	4	68	amiruddinj64@gmail.com	amiruddinj64@gmail.com	X
easat-9600	4	69	(	(	PUNCT
easat-9600	4	70	a.	a.	NOUN
easat-9600	4	71	)	)	PUNCT
easat-9600	4	72	sriamir66@gmail.com	sriamir66@gmail.com	PROPN
easat-9600	4	73	(	(	PUNCT
easat-9600	4	74	s.s	s.s	PROPN
easat-9600	4	75	.	.	PUNCT
easat-9600	4	76	)	)	PUNCT
easat-9600	5	1	irdam@fe.unhas.ac.id	irdam@fe.unhas.ac.id	PROPN
easat-9600	5	2	(	(	PUNCT
easat-9600	5	3	m.i.f	m.i.f	NOUN
easat-9600	5	4	.	.	PUNCT
easat-9600	5	5	)	)	PUNCT
easat-9600	5	6	.	.	PUNCT
easat-9600	6	1	abstract	abstract	ADJ
easat-9600	6	2	:	:	PUNCT
easat-9600	6	3	corporate	corporate	ADJ
easat-9600	6	4	sustainability	sustainability	NOUN
easat-9600	6	5	is	be	AUX
easat-9600	6	6	a	a	DET
easat-9600	6	7	concept	concept	NOUN
easat-9600	6	8	associated	associate	VERB
easat-9600	6	9	with	with	ADP
easat-9600	6	10	corporate	corporate	ADJ
easat-9600	6	11	social	social	ADJ
easat-9600	6	12	responsibility	responsibility	NOUN
easat-9600	6	13	.	.	PUNCT
easat-9600	7	1	corporate	corporate	ADJ
easat-9600	7	2	social	social	ADJ
easat-9600	7	3	responsibility	responsibility	NOUN
easat-9600	7	4	is	be	AUX
easat-9600	7	5	a	a	DET
easat-9600	7	6	management	management	NOUN
easat-9600	7	7	concept	concept	NOUN
easat-9600	7	8	implemented	implement	VERB
easat-9600	7	9	by	by	ADP
easat-9600	7	10	companies	company	NOUN
easat-9600	7	11	that	that	PRON
easat-9600	7	12	integrate	integrate	VERB
easat-9600	7	13	social	social	ADJ
easat-9600	7	14	and	and	CCONJ
easat-9600	7	15	environmental	environmental	ADJ
easat-9600	7	16	concerns	concern	NOUN
easat-9600	7	17	into	into	ADP
easat-9600	7	18	their	their	PRON
easat-9600	7	19	business	business	NOUN
easat-9600	7	20	activities	activity	NOUN
easat-9600	7	21	and	and	CCONJ
easat-9600	7	22	interactions	interaction	NOUN
easat-9600	7	23	with	with	ADP
easat-9600	7	24	stakeholders	stakeholder	NOUN
easat-9600	7	25	.	.	PUNCT
easat-9600	8	1	corporate	corporate	ADJ
easat-9600	8	2	sustainability	sustainability	NOUN
easat-9600	8	3	not	not	PART
easat-9600	8	4	limited	limit	VERB
easat-9600	8	5	to	to	ADP
easat-9600	8	6	social	social	ADJ
easat-9600	8	7	and	and	CCONJ
easat-9600	8	8	environmental	environmental	ADJ
easat-9600	8	9	aspects	aspect	NOUN
easat-9600	8	10	.	.	PUNCT
easat-9600	9	1	the	the	DET
easat-9600	9	2	disclosure	disclosure	NOUN
easat-9600	9	3	of	of	ADP
easat-9600	9	4	sustainability	sustainability	NOUN
easat-9600	9	5	reports	report	NOUN
easat-9600	9	6	can	can	AUX
easat-9600	9	7	not	not	PART
easat-9600	9	8	be	be	AUX
easat-9600	9	9	separated	separate	VERB
easat-9600	9	10	the	the	DET
easat-9600	9	11	implementation	implementation	NOUN
easat-9600	9	12	of	of	ADP
easat-9600	9	13	good	good	ADJ
easat-9600	9	14	corporate	corporate	ADJ
easat-9600	9	15	governance	governance	NOUN
easat-9600	9	16	that	that	PRON
easat-9600	9	17	management	management	NOUN
easat-9600	9	18	framework	framework	NOUN
easat-9600	9	19	companies	company	NOUN
easat-9600	9	20	with	with	ADP
easat-9600	9	21	a	a	DET
easat-9600	9	22	broader	broad	ADJ
easat-9600	9	23	future	future	ADJ
easat-9600	9	24	agenda	agenda	NOUN
easat-9600	9	25	.	.	PUNCT
easat-9600	10	1	companies	company	NOUN
easat-9600	10	2	implement	implement	VERB
easat-9600	10	3	good	good	ADJ
easat-9600	10	4	corporate	corporate	ADJ
easat-9600	10	5	governance	governance	NOUN
easat-9600	10	6	able	able	ADJ
easat-9600	10	7	to	to	PART
easat-9600	10	8	disclose	disclose	VERB
easat-9600	10	9	information	information	NOUN
easat-9600	10	10	of	of	ADP
easat-9600	10	11	sustainability	sustainability	NOUN
easat-9600	10	12	reports	report	NOUN
easat-9600	10	13	of	of	ADP
easat-9600	10	14	shareholders	shareholder	NOUN
easat-9600	10	15	.	.	PUNCT
easat-9600	11	1	therefore	therefore	ADV
easat-9600	11	2	,	,	PUNCT
easat-9600	11	3	when	when	SCONJ
easat-9600	11	4	companies	company	NOUN
easat-9600	11	5	implement	implement	VERB
easat-9600	11	6	good	good	ADJ
easat-9600	11	7	corporate	corporate	ADJ
easat-9600	11	8	governance	governance	NOUN
easat-9600	11	9	,	,	PUNCT
easat-9600	11	10	the	the	DET
easat-9600	11	11	disclosure	disclosure	NOUN
easat-9600	11	12	of	of	ADP
easat-9600	11	13	sustainability	sustainability	NOUN
easat-9600	11	14	reports	report	NOUN
easat-9600	11	15	will	will	AUX
easat-9600	11	16	increase	increase	VERB
easat-9600	11	17	,	,	PUNCT
easat-9600	11	18	thereby	thereby	ADV
easat-9600	11	19	enhancing	enhance	VERB
easat-9600	11	20	firm	firm	ADJ
easat-9600	11	21	value	value	NOUN
easat-9600	11	22	.	.	PUNCT
easat-9600	12	1	this	this	DET
easat-9600	12	2	study	study	NOUN
easat-9600	12	3	investigates	investigate	VERB
easat-9600	12	4	indirect	indirect	ADJ
easat-9600	12	5	effect	effect	NOUN
easat-9600	12	6	of	of	ADP
easat-9600	12	7	institutional	institutional	ADJ
easat-9600	12	8	ownership	ownership	NOUN
easat-9600	12	9	on	on	ADP
easat-9600	12	10	firm	firm	ADJ
easat-9600	12	11	value	value	NOUN
easat-9600	12	12	through	through	ADP
easat-9600	12	13	corporate	corporate	ADJ
easat-9600	12	14	sustainability	sustainability	NOUN
easat-9600	12	15	with	with	ADP
easat-9600	12	16	audit	audit	NOUN
easat-9600	12	17	quality	quality	NOUN
easat-9600	12	18	as	as	ADP
easat-9600	12	19	moderating	moderate	VERB
easat-9600	12	20	variable	variable	NOUN
easat-9600	12	21	,	,	PUNCT
easat-9600	12	22	this	this	DET
easat-9600	12	23	use	use	NOUN
easat-9600	12	24	process	process	NOUN
easat-9600	12	25	macro	macro	ADJ
easat-9600	12	26	model	model	NOUN
easat-9600	12	27	15	15	NUM
easat-9600	12	28	.	.	PUNCT
easat-9600	13	1	this	this	PRON
easat-9600	13	2	analyses	analyse	VERB
easat-9600	13	3	financial	financial	ADJ
easat-9600	13	4	statements	statement	NOUN
easat-9600	13	5	from	from	ADP
easat-9600	13	6	2019	2019	NUM
easat-9600	13	7	-	-	SYM
easat-9600	13	8	2023	2023	NUM
easat-9600	13	9	.	.	PUNCT
easat-9600	14	1	the	the	DET
easat-9600	14	2	research	research	NOUN
easat-9600	14	3	variables	variable	NOUN
easat-9600	14	4	are	be	AUX
easat-9600	14	5	728	728	NUM
easat-9600	14	6	firm	firm	ADJ
easat-9600	14	7	-	-	PUNCT
easat-9600	14	8	year	year	NOUN
easat-9600	14	9	observations	observation	NOUN
easat-9600	14	10	from	from	ADP
easat-9600	14	11	publicly	publicly	ADV
easat-9600	14	12	listed	list	VERB
easat-9600	14	13	companies	company	NOUN
easat-9600	14	14	.	.	PUNCT
easat-9600	15	1	the	the	DET
easat-9600	15	2	data	datum	NOUN
easat-9600	15	3	collected	collect	VERB
easat-9600	15	4	from	from	ADP
easat-9600	15	5	corporate	corporate	ADJ
easat-9600	15	6	financial	financial	ADJ
easat-9600	15	7	statements	statement	NOUN
easat-9600	15	8	by	by	ADP
easat-9600	15	9	accessing	access	VERB
easat-9600	15	10	corporate	corporate	ADJ
easat-9600	15	11	websites	website	NOUN
easat-9600	15	12	.	.	PUNCT
easat-9600	16	1	although	although	SCONJ
easat-9600	16	2	corporate	corporate	ADJ
easat-9600	16	3	sustainability	sustainability	NOUN
easat-9600	16	4	mediates	mediate	VERB
easat-9600	16	5	the	the	DET
easat-9600	16	6	relationship	relationship	NOUN
easat-9600	16	7	between	between	ADP
easat-9600	16	8	institutional	institutional	ADJ
easat-9600	16	9	ownership	ownership	NOUN
easat-9600	16	10	and	and	CCONJ
easat-9600	16	11	firm	firm	ADJ
easat-9600	16	12	value	value	NOUN
easat-9600	16	13	,	,	PUNCT
easat-9600	16	14	the	the	DET
easat-9600	16	15	moderation	moderation	NOUN
easat-9600	16	16	by	by	ADP
easat-9600	16	17	audit	audit	NOUN
easat-9600	16	18	quality	quality	NOUN
easat-9600	16	19	on	on	ADP
easat-9600	16	20	both	both	CCONJ
easat-9600	16	21	the	the	DET
easat-9600	16	22	direct	direct	ADJ
easat-9600	16	23	and	and	CCONJ
easat-9600	16	24	indirect	indirect	ADJ
easat-9600	16	25	pathways	pathway	NOUN
easat-9600	16	26	statistically	statistically	ADV
easat-9600	16	27	insignificant	insignificant	ADJ
easat-9600	16	28	.	.	PUNCT
easat-9600	17	1	these	these	DET
easat-9600	17	2	findings	finding	NOUN
easat-9600	17	3	highlight	highlight	VERB
easat-9600	17	4	the	the	DET
easat-9600	17	5	central	central	ADJ
easat-9600	17	6	role	role	NOUN
easat-9600	17	7	of	of	ADP
easat-9600	17	8	sustainability	sustainability	NOUN
easat-9600	17	9	translating	translate	VERB
easat-9600	17	10	institutional	institutional	ADJ
easat-9600	17	11	oversight	oversight	NOUN
easat-9600	17	12	into	into	ADP
easat-9600	17	13	market	market	NOUN
easat-9600	17	14	value	value	NOUN
easat-9600	17	15	and	and	CCONJ
easat-9600	17	16	suggest	suggest	VERB
easat-9600	17	17	limited	limit	VERB
easat-9600	17	18	moderating	moderating	NOUN
easat-9600	17	19	influence	influence	NOUN
easat-9600	17	20	of	of	ADP
easat-9600	17	21	audit	audit	NOUN
easat-9600	17	22	quality	quality	NOUN
easat-9600	17	23	.	.	PUNCT
easat-9600	18	1	keywords	keyword	NOUN
easat-9600	18	2	:	:	PUNCT
easat-9600	18	3	audit	audit	NOUN
easat-9600	18	4	quality	quality	NOUN
easat-9600	18	5	,	,	PUNCT
easat-9600	18	6	corporate	corporate	ADJ
easat-9600	18	7	sustainability	sustainability	NOUN
easat-9600	18	8	,	,	PUNCT
easat-9600	18	9	firm	firm	ADJ
easat-9600	18	10	value	value	NOUN
easat-9600	18	11	,	,	PUNCT
easat-9600	18	12	hayes	hayes	PROPN
easat-9600	18	13	,	,	PUNCT
easat-9600	18	14	institutional	institutional	ADJ
easat-9600	18	15	ownership	ownership	NOUN
easat-9600	18	16	.	.	PUNCT
easat-9600	19	1	1	1	X
easat-9600	19	2	.	.	X
easat-9600	19	3	introduction	introduction	NOUN
easat-9600	19	4	historically	historically	ADV
easat-9600	19	5	,	,	PUNCT
easat-9600	19	6	the	the	DET
easat-9600	19	7	idea	idea	NOUN
easat-9600	19	8	of	of	ADP
easat-9600	19	9	corporate	corporate	ADJ
easat-9600	19	10	sustainability	sustainability	NOUN
easat-9600	19	11	began	begin	VERB
easat-9600	19	12	to	to	PART
easat-9600	19	13	emerge	emerge	VERB
easat-9600	19	14	in	in	ADP
easat-9600	19	15	1970	1970	NUM
easat-9600	19	16	.	.	PUNCT
easat-9600	20	1	in	in	ADP
easat-9600	20	2	that	that	DET
easat-9600	20	3	year	year	NOUN
easat-9600	20	4	,	,	PUNCT
easat-9600	20	5	friedman	friedman	PROPN
easat-9600	20	6	[	[	X
easat-9600	20	7	1	1	NUM
easat-9600	20	8	]	]	PUNCT
easat-9600	20	9	stated	state	VERB
easat-9600	20	10	that	that	SCONJ
easat-9600	20	11	social	social	ADJ
easat-9600	20	12	responsibility	responsibility	NOUN
easat-9600	20	13	for	for	ADP
easat-9600	20	14	companies	company	NOUN
easat-9600	20	15	is	be	AUX
easat-9600	20	16	to	to	PART
easat-9600	20	17	use	use	VERB
easat-9600	20	18	resources	resource	NOUN
easat-9600	20	19	in	in	ADP
easat-9600	20	20	corporate	corporate	ADJ
easat-9600	20	21	activities	activity	NOUN
easat-9600	20	22	that	that	PRON
easat-9600	20	23	can	can	AUX
easat-9600	20	24	increase	increase	VERB
easat-9600	20	25	corporate	corporate	ADJ
easat-9600	20	26	profits	profit	NOUN
easat-9600	20	27	.	.	PUNCT
easat-9600	21	1	the	the	DET
easat-9600	21	2	implementation	implementation	NOUN
easat-9600	21	3	of	of	ADP
easat-9600	21	4	social	social	ADJ
easat-9600	21	5	responsibility	responsibility	NOUN
easat-9600	21	6	by	by	ADP
easat-9600	21	7	companies	company	NOUN
easat-9600	21	8	is	be	AUX
easat-9600	21	9	considered	consider	VERB
easat-9600	21	10	a	a	DET
easat-9600	21	11	deviation	deviation	NOUN
easat-9600	21	12	from	from	ADP
easat-9600	21	13	the	the	DET
easat-9600	21	14	main	main	ADJ
easat-9600	21	15	objective	objective	NOUN
easat-9600	21	16	of	of	ADP
easat-9600	21	17	companies	company	NOUN
easat-9600	21	18	,	,	PUNCT
easat-9600	21	19	which	which	PRON
easat-9600	21	20	is	be	AUX
easat-9600	21	21	to	to	PART
easat-9600	21	22	maximize	maximize	VERB
easat-9600	21	23	corporate	corporate	ADJ
easat-9600	21	24	profits	profit	NOUN
easat-9600	21	25	[	[	X
easat-9600	21	26	1	1	NUM
easat-9600	21	27	]	]	PUNCT
easat-9600	21	28	.	.	PUNCT
easat-9600	22	1	this	this	DET
easat-9600	22	2	view	view	NOUN
easat-9600	22	3	was	be	AUX
easat-9600	22	4	considered	consider	VERB
easat-9600	22	5	to	to	PART
easat-9600	22	6	ignore	ignore	VERB
easat-9600	22	7	ethical	ethical	ADJ
easat-9600	22	8	issues	issue	NOUN
easat-9600	22	9	,	,	PUNCT
easat-9600	22	10	given	give	VERB
easat-9600	22	11	that	that	SCONJ
easat-9600	22	12	the	the	DET
easat-9600	22	13	2008	2008	NUM
easat-9600	22	14	financial	financial	ADJ
easat-9600	22	15	crisis	crisis	NOUN
easat-9600	22	16	had	have	AUX
easat-9600	22	17	proven	prove	VERB
easat-9600	22	18	the	the	DET
easat-9600	22	19	need	need	NOUN
easat-9600	22	20	for	for	ADP
easat-9600	22	21	a	a	DET
easat-9600	22	22	moral	moral	ADJ
easat-9600	22	23	capitalist	capitalist	ADJ
easat-9600	22	24	system	system	NOUN
easat-9600	22	25	[	[	X
easat-9600	22	26	2	2	NUM
easat-9600	22	27	]	]	PUNCT
easat-9600	22	28	.	.	PUNCT
easat-9600	23	1	this	this	PRON
easat-9600	23	2	then	then	ADV
easat-9600	23	3	prompted	prompt	VERB
easat-9600	23	4	a	a	DET
easat-9600	23	5	shift	shift	NOUN
easat-9600	23	6	in	in	ADP
easat-9600	23	7	the	the	DET
easat-9600	23	8	dimensions	dimension	NOUN
easat-9600	23	9	of	of	ADP
easat-9600	23	10	sustainability	sustainability	NOUN
easat-9600	23	11	performance	performance	NOUN
easat-9600	23	12	,	,	PUNCT
easat-9600	23	13	which	which	PRON
easat-9600	23	14	had	have	AUX
easat-9600	23	15	previously	previously	ADV
easat-9600	23	16	been	be	AUX
easat-9600	23	17	limited	limit	VERB
easat-9600	23	18	to	to	ADP
easat-9600	23	19	shareholders	shareholder	NOUN
easat-9600	23	20	but	but	CCONJ
easat-9600	23	21	expanded	expand	VERB
easat-9600	23	22	to	to	PART
easat-9600	23	23	include	include	VERB
easat-9600	23	24	stakeholders	stakeholder	NOUN
easat-9600	23	25	.	.	PUNCT
easat-9600	24	1	in	in	ADP
easat-9600	24	2	several	several	ADJ
easat-9600	24	3	studies	study	NOUN
easat-9600	24	4	,	,	PUNCT
easat-9600	24	5	various	various	ADJ
easat-9600	24	6	definitions	definition	NOUN
easat-9600	24	7	of	of	ADP
easat-9600	24	8	stakeholders	stakeholder	NOUN
easat-9600	24	9	have	have	AUX
easat-9600	24	10	been	be	AUX
easat-9600	24	11	proposed	propose	VERB
easat-9600	24	12	,	,	PUNCT
easat-9600	24	13	ranging	range	VERB
easat-9600	24	14	from	from	ADP
easat-9600	24	15	limited	limited	ADJ
easat-9600	24	16	definitions	definition	NOUN
easat-9600	24	17	such	such	ADJ
easat-9600	24	18	as	as	ADP
easat-9600	24	19	those	those	PRON
easat-9600	24	20	who	who	PRON
easat-9600	24	21	have	have	VERB
easat-9600	24	22	power	power	NOUN
easat-9600	24	23	over	over	ADP
easat-9600	24	24	the	the	DET
easat-9600	24	25	corporate	corporate	ADJ
easat-9600	25	1	[	[	X
easat-9600	25	2	3	3	NUM
easat-9600	25	3	,	,	PUNCT
easat-9600	25	4	4	4	NUM
easat-9600	25	5	]	]	PUNCT
easat-9600	25	6	or	or	CCONJ
easat-9600	25	7	those	those	PRON
easat-9600	25	8	who	who	PRON
easat-9600	25	9	dare	dare	VERB
easat-9600	25	10	to	to	PART
easat-9600	25	11	take	take	VERB
easat-9600	25	12	risks	risk	NOUN
easat-9600	25	13	[	[	X
easat-9600	25	14	5	5	NUM
easat-9600	25	15	,	,	PUNCT
easat-9600	25	16	6	6	NUM
easat-9600	25	17	]	]	PUNCT
easat-9600	25	18	to	to	ADP
easat-9600	25	19	broader	broad	ADJ
easat-9600	25	20	definitions	definition	NOUN
easat-9600	25	21	that	that	PRON
easat-9600	25	22	include	include	VERB
easat-9600	25	23	parties	party	NOUN
easat-9600	25	24	without	without	ADP
easat-9600	25	25	power	power	NOUN
easat-9600	25	26	[	[	X
easat-9600	25	27	7	7	NUM
easat-9600	25	28	-	-	SYM
easat-9600	25	29	9	9	NUM
easat-9600	25	30	]	]	PUNCT
easat-9600	25	31	and	and	CCONJ
easat-9600	25	32	incorporate	incorporate	VERB
easat-9600	25	33	non	non	ADJ
easat-9600	25	34	-	-	ADJ
easat-9600	25	35	human	human	ADJ
easat-9600	25	36	entities	entity	NOUN
easat-9600	25	37	such	such	ADJ
easat-9600	25	38	as	as	ADP
easat-9600	25	39	trees	tree	NOUN
easat-9600	25	40	[	[	X
easat-9600	25	41	10	10	NUM
easat-9600	25	42	]	]	PUNCT
easat-9600	25	43	and	and	CCONJ
easat-9600	25	44	god	god	PROPN
easat-9600	26	1	[	[	X
easat-9600	26	2	11	11	NUM
easat-9600	26	3	]	]	PUNCT
easat-9600	26	4	.	.	PUNCT
easat-9600	27	1	in	in	ADP
easat-9600	27	2	general	general	ADJ
easat-9600	27	3	,	,	PUNCT
easat-9600	27	4	it	it	PRON
easat-9600	27	5	is	be	AUX
easat-9600	27	6	concluded	conclude	VERB
easat-9600	27	7	that	that	SCONJ
easat-9600	27	8	more	more	ADJ
easat-9600	27	9	researchers	researcher	NOUN
easat-9600	27	10	define	define	VERB
easat-9600	27	11	stakeholders	stakeholder	NOUN
easat-9600	27	12	in	in	ADP
easat-9600	27	13	a	a	DET
easat-9600	27	14	broad	broad	ADJ
easat-9600	27	15	concept	concept	NOUN
easat-9600	27	16	[	[	X
easat-9600	27	17	12	12	NUM
easat-9600	27	18	]	]	PUNCT
easat-9600	27	19	.	.	PUNCT
easat-9600	28	1	a	a	DET
easat-9600	28	2	corporate	corporate	ADJ
easat-9600	28	3	's	's	PART
easat-9600	28	4	relationships	relationship	NOUN
easat-9600	28	5	are	be	AUX
easat-9600	28	6	not	not	PART
easat-9600	28	7	limited	limit	VERB
easat-9600	28	8	to	to	ADP
easat-9600	28	9	shareholders	shareholder	NOUN
easat-9600	28	10	but	but	CCONJ
easat-9600	28	11	also	also	ADV
easat-9600	28	12	involve	involve	VERB
easat-9600	28	13	building	build	VERB
easat-9600	28	14	sustainable	sustainable	ADJ
easat-9600	28	15	relationships	relationship	NOUN
easat-9600	28	16	with	with	ADP
easat-9600	28	17	other	other	ADJ
easat-9600	28	18	stakeholders	stakeholder	NOUN
easat-9600	28	19	,	,	PUNCT
easat-9600	28	20	such	such	ADJ
easat-9600	28	21	as	as	ADP
easat-9600	28	22	employees	employee	NOUN
easat-9600	28	23	,	,	PUNCT
easat-9600	28	24	consumers	consumer	NOUN
easat-9600	28	25	,	,	PUNCT
easat-9600	28	26	regulators	regulator	NOUN
easat-9600	28	27	,	,	PUNCT
easat-9600	28	28	https://orcid.org/0009-0003-8138-421x	https://orcid.org/0009-0003-8138-421x	PROPN
easat-9600	28	29	https://orcid.org/0000-0002-4773-1746	https://orcid.org/0000-0002-4773-1746	PROPN
easat-9600	28	30	https://orcid.org/0000-0001-7421-8297	https://orcid.org/0000-0001-7421-8297	PROPN
easat-9600	28	31	1344	1344	NUM
easat-9600	28	32	edelweiss	edelweiss	PROPN
easat-9600	28	33	applied	apply	VERB
easat-9600	28	34	science	science	NOUN
easat-9600	28	35	and	and	CCONJ
easat-9600	28	36	technology	technology	NOUN
easat-9600	28	37	issn	issn	PROPN
easat-9600	28	38	:	:	PUNCT
easat-9600	28	39	2576	2576	NUM
easat-9600	28	40	-	-	SYM
easat-9600	28	41	8484	8484	NUM
easat-9600	28	42	vol	vol	NOUN
easat-9600	28	43	.	.	PROPN
easat-9600	29	1	9	9	NUM
easat-9600	29	2	,	,	PUNCT
easat-9600	29	3	no	no	INTJ
easat-9600	29	4	.	.	NOUN
easat-9600	29	5	8	8	NUM
easat-9600	29	6	:	:	SYM
easat-9600	29	7	1343	1343	NUM
easat-9600	29	8	-	-	SYM
easat-9600	29	9	1353	1353	NUM
easat-9600	29	10	,	,	PUNCT
easat-9600	29	11	2025	2025	NUM
easat-9600	29	12	doi	doi	NOUN
easat-9600	29	13	:	:	PUNCT
easat-9600	29	14	10.55214/2576	10.55214/2576	NUM
easat-9600	29	15	-	-	SYM
easat-9600	29	16	8484.v9i8.9600	8484.v9i8.9600	NUM
easat-9600	29	17	©	©	PROPN
easat-9600	29	18	2025	2025	NUM
easat-9600	29	19	by	by	ADP
easat-9600	29	20	the	the	DET
easat-9600	29	21	authors	author	NOUN
easat-9600	29	22	;	;	PUNCT
easat-9600	29	23	licensee	licensee	PROPN
easat-9600	29	24	learning	learn	VERB
easat-9600	29	25	gate	gate	NOUN
easat-9600	29	26	competitors	competitor	NOUN
easat-9600	29	27	,	,	PUNCT
easat-9600	29	28	the	the	DET
easat-9600	29	29	supply	supply	NOUN
easat-9600	29	30	chain	chain	NOUN
easat-9600	29	31	,	,	PUNCT
easat-9600	29	32	investors	investor	NOUN
easat-9600	29	33	,	,	PUNCT
easat-9600	29	34	and	and	CCONJ
easat-9600	29	35	the	the	DET
easat-9600	29	36	community	community	NOUN
easat-9600	29	37	,	,	PUNCT
easat-9600	29	38	which	which	PRON
easat-9600	29	39	can	can	AUX
easat-9600	29	40	help	help	VERB
easat-9600	29	41	the	the	DET
easat-9600	29	42	corporate	corporate	ADJ
easat-9600	29	43	create	create	VERB
easat-9600	29	44	longterm	longterm	NOUN
easat-9600	29	45	value	value	NOUN
easat-9600	29	46	.	.	PUNCT
easat-9600	30	1	the	the	DET
easat-9600	30	2	competitive	competitive	ADJ
easat-9600	30	3	and	and	CCONJ
easat-9600	30	4	uncertain	uncertain	ADJ
easat-9600	30	5	business	business	NOUN
easat-9600	30	6	world	world	NOUN
easat-9600	30	7	now	now	ADV
easat-9600	30	8	are	be	AUX
easat-9600	30	9	increasing	increase	VERB
easat-9600	30	10	,	,	PUNCT
easat-9600	30	11	companies	company	NOUN
easat-9600	30	12	not	not	PART
easat-9600	30	13	only	only	ADV
easat-9600	30	14	required	require	VERB
easat-9600	30	15	to	to	PART
easat-9600	30	16	make	make	VERB
easat-9600	30	17	profit	profit	NOUN
easat-9600	30	18	,	,	PUNCT
easat-9600	30	19	but	but	CCONJ
easat-9600	30	20	also	also	ADV
easat-9600	30	21	to	to	PART
easat-9600	30	22	maintain	maintain	VERB
easat-9600	30	23	business	business	NOUN
easat-9600	30	24	sustainability	sustainability	NOUN
easat-9600	30	25	in	in	ADP
easat-9600	30	26	the	the	DET
easat-9600	30	27	long	long	ADJ
easat-9600	30	28	term	term	NOUN
easat-9600	30	29	.	.	PUNCT
easat-9600	31	1	the	the	DET
easat-9600	31	2	important	important	ADJ
easat-9600	31	3	measure	measure	NOUN
easat-9600	31	4	of	of	ADP
easat-9600	31	5	firm	firm	ADJ
easat-9600	31	6	value	value	NOUN
easat-9600	31	7	,	,	PUNCT
easat-9600	31	8	which	which	PRON
easat-9600	31	9	reflect	reflect	VERB
easat-9600	31	10	investor	investor	NOUN
easat-9600	31	11	confidence	confidence	NOUN
easat-9600	31	12	in	in	ADP
easat-9600	31	13	company	company	NOUN
easat-9600	31	14	performance	performance	NOUN
easat-9600	31	15	and	and	CCONJ
easat-9600	31	16	future	future	ADJ
easat-9600	31	17	prospects	prospect	NOUN
easat-9600	31	18	.	.	PUNCT
easat-9600	32	1	that	that	DET
easat-9600	32	2	factor	factor	NOUN
easat-9600	32	3	believed	believe	VERB
easat-9600	32	4	to	to	PART
easat-9600	32	5	encourage	encourage	VERB
easat-9600	32	6	an	an	DET
easat-9600	32	7	increase	increase	NOUN
easat-9600	32	8	in	in	ADP
easat-9600	32	9	firm	firm	ADJ
easat-9600	32	10	value	value	NOUN
easat-9600	32	11	is	be	AUX
easat-9600	32	12	institutional	institutional	ADJ
easat-9600	32	13	ownership	ownership	NOUN
easat-9600	32	14	.	.	PUNCT
easat-9600	33	1	the	the	DET
easat-9600	33	2	institutional	institutional	ADJ
easat-9600	33	3	ownership	ownership	NOUN
easat-9600	33	4	can	can	AUX
easat-9600	33	5	encourage	encourage	VERB
easat-9600	33	6	management	management	NOUN
easat-9600	33	7	to	to	ADP
easat-9600	33	8	investment	investment	NOUN
easat-9600	33	9	and	and	CCONJ
easat-9600	33	10	sufficient	sufficient	ADJ
easat-9600	33	11	resources	resource	NOUN
easat-9600	33	12	to	to	PART
easat-9600	33	13	supervise	supervise	VERB
easat-9600	33	14	the	the	DET
easat-9600	33	15	company	company	NOUN
easat-9600	33	16	.	.	PUNCT
easat-9600	34	1	the	the	DET
easat-9600	34	2	encourage	encourage	NOUN
easat-9600	34	3	in	in	ADP
easat-9600	34	4	the	the	DET
easat-9600	34	5	company	company	NOUN
easat-9600	34	6	commitment	commitment	NOUN
easat-9600	34	7	to	to	ADP
easat-9600	34	8	corporate	corporate	ADJ
easat-9600	34	9	sustainability	sustainability	NOUN
easat-9600	34	10	to	to	PART
easat-9600	34	11	manages	manage	VERB
easat-9600	34	12	environmental	environmental	ADJ
easat-9600	34	13	,	,	PUNCT
easat-9600	34	14	social	social	ADJ
easat-9600	34	15	and	and	CCONJ
easat-9600	34	16	governance	governance	NOUN
easat-9600	34	17	(	(	PUNCT
easat-9600	34	18	esg	esg	PROPN
easat-9600	34	19	)	)	PUNCT
easat-9600	34	20	.	.	PUNCT
easat-9600	35	1	sustainability	sustainability	NOUN
easat-9600	35	2	practices	practice	NOUN
easat-9600	35	3	not	not	PART
easat-9600	35	4	only	only	ADV
easat-9600	35	5	important	important	ADJ
easat-9600	35	6	as	as	ADP
easat-9600	35	7	moral	moral	ADJ
easat-9600	35	8	but	but	CCONJ
easat-9600	35	9	also	also	ADV
easat-9600	35	10	positive	positive	ADJ
easat-9600	35	11	signal	signal	NOUN
easat-9600	35	12	to	to	ADP
easat-9600	35	13	investors	investor	NOUN
easat-9600	35	14	that	that	SCONJ
easat-9600	35	15	the	the	DET
easat-9600	35	16	company	company	NOUN
easat-9600	35	17	has	have	VERB
easat-9600	35	18	long	long	ADJ
easat-9600	35	19	-	-	PUNCT
easat-9600	35	20	term	term	NOUN
easat-9600	35	21	vision	vision	NOUN
easat-9600	35	22	,	,	PUNCT
easat-9600	35	23	can	can	AUX
easat-9600	35	24	handle	handle	VERB
easat-9600	35	25	the	the	DET
easat-9600	35	26	non	non	ADJ
easat-9600	35	27	-	-	ADJ
easat-9600	35	28	financial	financial	ADJ
easat-9600	35	29	risk	risk	NOUN
easat-9600	35	30	and	and	CCONJ
easat-9600	35	31	able	able	ADJ
easat-9600	35	32	adapt	adapt	NOUN
easat-9600	35	33	to	to	ADP
easat-9600	35	34	envolving	envolve	VERB
easat-9600	35	35	market	market	NOUN
easat-9600	35	36	demands	demand	NOUN
easat-9600	35	37	.	.	PUNCT
easat-9600	36	1	signaling	signal	VERB
easat-9600	36	2	theory	theory	NOUN
easat-9600	36	3	becomes	become	VERB
easat-9600	36	4	very	very	ADV
easat-9600	36	5	relevant	relevant	ADJ
easat-9600	36	6	.	.	PUNCT
easat-9600	37	1	the	the	DET
easat-9600	37	2	signaling	signal	VERB
easat-9600	37	3	theory	theory	NOUN
easat-9600	37	4	explain	explain	VERB
easat-9600	37	5	that	that	SCONJ
easat-9600	37	6	companies	company	NOUN
easat-9600	37	7	can	can	AUX
easat-9600	37	8	signal	signal	VERB
easat-9600	37	9	to	to	ADP
easat-9600	37	10	the	the	DET
easat-9600	37	11	market	market	NOUN
easat-9600	37	12	through	through	ADP
easat-9600	37	13	their	their	PRON
easat-9600	37	14	strategic	strategic	ADJ
easat-9600	37	15	actions	action	NOUN
easat-9600	37	16	such	such	ADJ
easat-9600	37	17	as	as	ADP
easat-9600	37	18	sustainability	sustainability	NOUN
easat-9600	37	19	reports	report	NOUN
easat-9600	37	20	to	to	PART
easat-9600	37	21	show	show	VERB
easat-9600	37	22	the	the	DET
easat-9600	37	23	quality	quality	NOUN
easat-9600	37	24	and	and	CCONJ
easat-9600	37	25	prospects	prospect	NOUN
easat-9600	37	26	of	of	ADP
easat-9600	37	27	the	the	DET
easat-9600	37	28	business	business	NOUN
easat-9600	37	29	indirectly	indirectly	ADV
easat-9600	37	30	visible	visible	ADJ
easat-9600	37	31	from	from	ADP
easat-9600	37	32	the	the	DET
easat-9600	37	33	financial	financial	ADJ
easat-9600	37	34	statement	statement	NOUN
easat-9600	37	35	,	,	PUNCT
easat-9600	37	36	the	the	DET
easat-9600	37	37	signal	signal	NOUN
easat-9600	37	38	shows	show	VERB
easat-9600	37	39	the	the	DET
easat-9600	37	40	strengthen	strengthen	NOUN
easat-9600	37	41	market	market	NOUN
easat-9600	37	42	perception	perception	NOUN
easat-9600	37	43	of	of	ADP
easat-9600	37	44	firm	firm	ADJ
easat-9600	37	45	value	value	NOUN
easat-9600	37	46	.	.	PUNCT
easat-9600	38	1	indicator	indicator	NOUN
easat-9600	38	2	of	of	ADP
easat-9600	38	3	firm	firm	ADJ
easat-9600	38	4	value	value	NOUN
easat-9600	38	5	reflects	reflect	VERB
easat-9600	38	6	that	that	SCONJ
easat-9600	38	7	the	the	DET
easat-9600	38	8	market	market	NOUN
easat-9600	38	9	perception	perception	NOUN
easat-9600	38	10	of	of	ADP
easat-9600	38	11	the	the	DET
easat-9600	38	12	company	company	NOUN
easat-9600	38	13	long	long	ADJ
easat-9600	38	14	-	-	PUNCT
easat-9600	38	15	term	term	NOUN
easat-9600	38	16	prospect	prospect	NOUN
easat-9600	38	17	as	as	ADP
easat-9600	38	18	the	the	DET
easat-9600	38	19	basic	basic	ADJ
easat-9600	38	20	for	for	ADP
easat-9600	38	21	investment	investment	NOUN
easat-9600	38	22	decision	decision	NOUN
easat-9600	38	23	-	-	PUNCT
easat-9600	38	24	making	making	NOUN
easat-9600	38	25	by	by	ADP
easat-9600	38	26	investors	investor	NOUN
easat-9600	38	27	.	.	PUNCT
easat-9600	39	1	increasing	increase	VERB
easat-9600	39	2	firm	firm	ADJ
easat-9600	39	3	value	value	NOUN
easat-9600	39	4	is	be	AUX
easat-9600	39	5	the	the	DET
easat-9600	39	6	main	main	ADJ
easat-9600	39	7	goal	goal	NOUN
easat-9600	39	8	of	of	ADP
easat-9600	39	9	management	management	NOUN
easat-9600	39	10	to	to	PART
easat-9600	39	11	influence	influence	VERB
easat-9600	39	12	the	the	DET
easat-9600	39	13	various	various	ADJ
easat-9600	39	14	internal	internal	ADJ
easat-9600	39	15	factors	factor	NOUN
easat-9600	39	16	such	such	ADJ
easat-9600	39	17	as	as	ADP
easat-9600	39	18	the	the	DET
easat-9600	39	19	ownership	ownership	NOUN
easat-9600	39	20	structure	structure	NOUN
easat-9600	39	21	like	like	ADP
easat-9600	39	22	institutional	institutional	ADJ
easat-9600	39	23	ownership	ownership	NOUN
easat-9600	39	24	.	.	PUNCT
easat-9600	40	1	the	the	DET
easat-9600	40	2	institutional	institutional	ADJ
easat-9600	40	3	ownership	ownership	NOUN
easat-9600	40	4	is	be	AUX
easat-9600	40	5	considered	consider	VERB
easat-9600	40	6	to	to	PART
easat-9600	40	7	have	have	VERB
easat-9600	40	8	the	the	DET
easat-9600	40	9	significant	significant	ADJ
easat-9600	40	10	role	role	NOUN
easat-9600	40	11	in	in	ADP
easat-9600	40	12	monitoring	monitor	VERB
easat-9600	40	13	managerial	managerial	ADJ
easat-9600	40	14	performance	performance	NOUN
easat-9600	40	15	and	and	CCONJ
easat-9600	40	16	the	the	DET
easat-9600	40	17	strategic	strategic	ADJ
easat-9600	40	18	direction	direction	NOUN
easat-9600	40	19	of	of	ADP
easat-9600	40	20	the	the	DET
easat-9600	40	21	company	company	NOUN
easat-9600	40	22	.	.	PUNCT
easat-9600	41	1	the	the	DET
easat-9600	41	2	institution	institution	NOUN
easat-9600	41	3	has	have	VERB
easat-9600	41	4	capacity	capacity	NOUN
easat-9600	41	5	,	,	PUNCT
easat-9600	41	6	resources	resource	NOUN
easat-9600	41	7	and	and	CCONJ
easat-9600	41	8	incentives	incentive	NOUN
easat-9600	41	9	to	to	ADP
easat-9600	41	10	monitoring	monitor	VERB
easat-9600	41	11	managerial	managerial	ADJ
easat-9600	41	12	decision	decision	NOUN
easat-9600	41	13	,	,	PUNCT
easat-9600	41	14	they	they	PRON
easat-9600	41	15	can	can	AUX
easat-9600	41	16	encourage	encourage	VERB
easat-9600	41	17	management	management	NOUN
easat-9600	41	18	to	to	PART
easat-9600	41	19	implement	implement	VERB
easat-9600	41	20	long	long	ADJ
easat-9600	41	21	-	-	PUNCT
easat-9600	41	22	term	term	NOUN
easat-9600	41	23	oriented	orient	VERB
easat-9600	41	24	policies	policy	NOUN
easat-9600	41	25	and	and	CCONJ
easat-9600	41	26	increasing	increase	VERB
easat-9600	41	27	the	the	DET
easat-9600	41	28	firm	firm	ADJ
easat-9600	41	29	value	value	NOUN
easat-9600	41	30	[	[	X
easat-9600	41	31	13	13	NUM
easat-9600	41	32	]	]	PUNCT
easat-9600	41	33	.	.	PUNCT
easat-9600	42	1	the	the	DET
easat-9600	42	2	implementation	implementation	NOUN
easat-9600	42	3	of	of	ADP
easat-9600	42	4	strategic	strategic	ADJ
easat-9600	42	5	policy	policy	NOUN
easat-9600	42	6	is	be	AUX
easat-9600	42	7	corporate	corporate	ADJ
easat-9600	42	8	sustainability	sustainability	NOUN
easat-9600	42	9	,	,	PUNCT
easat-9600	42	10	which	which	PRON
easat-9600	42	11	is	be	AUX
easat-9600	42	12	the	the	DET
easat-9600	42	13	companies	company	NOUN
easat-9600	42	14	integrated	integrate	VERB
easat-9600	42	15	an	an	DET
easat-9600	42	16	economic	economic	ADJ
easat-9600	42	17	,	,	PUNCT
easat-9600	42	18	environmental	environmental	ADJ
easat-9600	42	19	and	and	CCONJ
easat-9600	42	20	social	social	ADJ
easat-9600	42	21	aspects	aspect	NOUN
easat-9600	42	22	in	in	ADP
easat-9600	42	23	business	business	NOUN
easat-9600	42	24	operation	operation	NOUN
easat-9600	42	25	.	.	PUNCT
easat-9600	43	1	firm	firm	ADJ
easat-9600	43	2	value	value	NOUN
easat-9600	43	3	can	can	AUX
easat-9600	43	4	be	be	AUX
easat-9600	43	5	maximized	maximize	VERB
easat-9600	43	6	if	if	SCONJ
easat-9600	43	7	shareholders	shareholder	NOUN
easat-9600	43	8	delegate	delegate	VERB
easat-9600	43	9	corporate	corporate	ADJ
easat-9600	43	10	management	management	NOUN
easat-9600	43	11	to	to	PART
easat-9600	43	12	competent	competent	VERB
easat-9600	43	13	individuals	individual	NOUN
easat-9600	43	14	in	in	ADP
easat-9600	43	15	their	their	PRON
easat-9600	43	16	respective	respective	ADJ
easat-9600	43	17	fields	field	NOUN
easat-9600	43	18	,	,	PUNCT
easat-9600	43	19	such	such	ADJ
easat-9600	43	20	as	as	ADP
easat-9600	43	21	managers	manager	NOUN
easat-9600	43	22	or	or	CCONJ
easat-9600	43	23	board	board	NOUN
easat-9600	43	24	members	member	NOUN
easat-9600	43	25	[	[	X
easat-9600	43	26	14	14	NUM
easat-9600	43	27	]	]	PUNCT
easat-9600	43	28	.	.	PUNCT
easat-9600	44	1	maximizing	maximize	VERB
easat-9600	44	2	firm	firm	ADJ
easat-9600	44	3	value	value	NOUN
easat-9600	44	4	is	be	AUX
easat-9600	44	5	considered	consider	VERB
easat-9600	44	6	important	important	ADJ
easat-9600	44	7	because	because	SCONJ
easat-9600	44	8	it	it	PRON
easat-9600	44	9	means	mean	VERB
easat-9600	44	10	the	the	DET
easat-9600	44	11	corporate	corporate	NOUN
easat-9600	44	12	's	's	PART
easat-9600	44	13	primary	primary	ADJ
easat-9600	44	14	objective	objective	NOUN
easat-9600	44	15	is	be	AUX
easat-9600	44	16	aligned	align	VERB
easat-9600	44	17	with	with	ADP
easat-9600	44	18	its	its	PRON
easat-9600	44	19	plan	plan	NOUN
easat-9600	44	20	,	,	PUNCT
easat-9600	44	21	which	which	PRON
easat-9600	44	22	is	be	AUX
easat-9600	44	23	to	to	PART
easat-9600	44	24	maximize	maximize	VERB
easat-9600	44	25	shareholder	shareholder	NOUN
easat-9600	44	26	prosperity	prosperity	NOUN
easat-9600	44	27	.	.	PUNCT
easat-9600	45	1	putri	putri	ADJ
easat-9600	45	2	rizki	rizki	PROPN
easat-9600	45	3	and	and	CCONJ
easat-9600	45	4	dudi	dudi	PROPN
easat-9600	45	5	[	[	X
easat-9600	45	6	15	15	NUM
easat-9600	45	7	]	]	PUNCT
easat-9600	45	8	explain	explain	VERB
easat-9600	45	9	that	that	SCONJ
easat-9600	45	10	the	the	DET
easat-9600	45	11	corporate	corporate	NOUN
easat-9600	45	12	's	's	PART
easat-9600	45	13	long	long	ADJ
easat-9600	45	14	-	-	PUNCT
easat-9600	45	15	term	term	NOUN
easat-9600	45	16	objective	objective	NOUN
easat-9600	45	17	is	be	AUX
easat-9600	45	18	to	to	PART
easat-9600	45	19	maximize	maximize	VERB
easat-9600	45	20	shareholder	shareholder	NOUN
easat-9600	45	21	prosperity	prosperity	NOUN
easat-9600	45	22	and	and	CCONJ
easat-9600	45	23	increase	increase	VERB
easat-9600	45	24	firm	firm	ADJ
easat-9600	45	25	value	value	NOUN
easat-9600	45	26	.	.	PUNCT
easat-9600	46	1	firm	firm	ADJ
easat-9600	46	2	value	value	NOUN
easat-9600	46	3	is	be	AUX
easat-9600	46	4	an	an	DET
easat-9600	46	5	important	important	ADJ
easat-9600	46	6	factor	factor	NOUN
easat-9600	46	7	for	for	SCONJ
easat-9600	46	8	companies	company	NOUN
easat-9600	46	9	to	to	PART
easat-9600	46	10	attract	attract	VERB
easat-9600	46	11	investors	investor	NOUN
easat-9600	46	12	to	to	PART
easat-9600	46	13	invest	invest	VERB
easat-9600	46	14	or	or	CCONJ
easat-9600	46	15	make	make	VERB
easat-9600	46	16	capital	capital	NOUN
easat-9600	46	17	investments	investment	NOUN
easat-9600	46	18	in	in	ADP
easat-9600	46	19	the	the	DET
easat-9600	46	20	corporate	corporate	NOUN
easat-9600	46	21	.	.	PUNCT
easat-9600	47	1	however	however	ADV
easat-9600	47	2	,	,	PUNCT
easat-9600	47	3	not	not	PART
easat-9600	47	4	all	all	DET
easat-9600	47	5	signals	signal	NOUN
easat-9600	47	6	are	be	AUX
easat-9600	47	7	accepted	accept	VERB
easat-9600	47	8	by	by	ADP
easat-9600	47	9	the	the	DET
easat-9600	47	10	market	market	NOUN
easat-9600	47	11	.	.	PUNCT
easat-9600	48	1	the	the	DET
easat-9600	48	2	credibility	credibility	NOUN
easat-9600	48	3	of	of	ADP
easat-9600	48	4	the	the	DET
easat-9600	48	5	signal	signal	NOUN
easat-9600	48	6	is	be	AUX
easat-9600	48	7	crucial	crucial	ADJ
easat-9600	48	8	.	.	PUNCT
easat-9600	49	1	the	the	DET
easat-9600	49	2	quality	quality	NOUN
easat-9600	49	3	of	of	ADP
easat-9600	49	4	the	the	DET
easat-9600	49	5	audit	audit	NOUN
easat-9600	49	6	plays	play	VERB
easat-9600	49	7	a	a	DET
easat-9600	49	8	key	key	ADJ
easat-9600	49	9	role	role	NOUN
easat-9600	49	10	.	.	PUNCT
easat-9600	50	1	audits	audit	NOUN
easat-9600	50	2	conducted	conduct	VERB
easat-9600	50	3	by	by	ADP
easat-9600	50	4	independent	independent	ADJ
easat-9600	50	5	and	and	CCONJ
easat-9600	50	6	high	high	ADJ
easat-9600	50	7	reputation	reputation	NOUN
easat-9600	50	8	auditors	auditor	NOUN
easat-9600	50	9	increase	increase	VERB
easat-9600	50	10	trusting	trust	VERB
easat-9600	50	11	the	the	DET
easat-9600	50	12	information	information	NOUN
easat-9600	50	13	were	be	AUX
easat-9600	50	14	submitted	submit	VERB
easat-9600	50	15	by	by	ADP
easat-9600	50	16	the	the	DET
easat-9600	50	17	company	company	NOUN
easat-9600	50	18	,	,	PUNCT
easat-9600	50	19	including	include	VERB
easat-9600	50	20	the	the	DET
easat-9600	50	21	sustainability	sustainability	NOUN
easat-9600	50	22	information	information	NOUN
easat-9600	50	23	.	.	PUNCT
easat-9600	51	1	the	the	DET
easat-9600	51	2	high	high	ADJ
easat-9600	51	3	-	-	PUNCT
easat-9600	51	4	quality	quality	NOUN
easat-9600	51	5	audit	audit	NOUN
easat-9600	51	6	shows	show	VERB
easat-9600	51	7	credibility	credibility	NOUN
easat-9600	51	8	signaling	signal	VERB
easat-9600	51	9	by	by	ADP
easat-9600	51	10	ensuring	ensure	VERB
easat-9600	51	11	that	that	SCONJ
easat-9600	51	12	reported	report	VERB
easat-9600	51	13	of	of	ADP
easat-9600	51	14	sustainability	sustainability	NOUN
easat-9600	51	15	not	not	PART
easat-9600	51	16	only	only	ADV
easat-9600	51	17	formality	formality	NOUN
easat-9600	51	18	or	or	CCONJ
easat-9600	51	19	window	window	NOUN
easat-9600	51	20	dressing	dressing	NOUN
easat-9600	51	21	but	but	CCONJ
easat-9600	51	22	also	also	ADV
easat-9600	51	23	provide	provide	VERB
easat-9600	51	24	the	the	DET
easat-9600	51	25	actual	actual	ADJ
easat-9600	51	26	reporting	reporting	NOUN
easat-9600	51	27	.	.	PUNCT
easat-9600	52	1	therefore	therefore	ADV
easat-9600	52	2	,	,	PUNCT
easat-9600	52	3	is	be	AUX
easat-9600	52	4	an	an	DET
easat-9600	52	5	important	important	ADJ
easat-9600	52	6	to	to	PART
easat-9600	52	7	further	far	ADV
easat-9600	52	8	examine	examine	VERB
easat-9600	52	9	how	how	SCONJ
easat-9600	52	10	institutional	institutional	ADJ
easat-9600	52	11	ownership	ownership	NOUN
easat-9600	52	12	affects	affect	VERB
easat-9600	52	13	firm	firm	ADJ
easat-9600	52	14	value	value	NOUN
easat-9600	52	15	through	through	ADP
easat-9600	52	16	sustainability	sustainability	NOUN
easat-9600	52	17	practices	practice	NOUN
easat-9600	52	18	and	and	CCONJ
easat-9600	52	19	the	the	DET
easat-9600	52	20	audit	audit	NOUN
easat-9600	52	21	quality	quality	NOUN
easat-9600	52	22	became	become	VERB
easat-9600	52	23	important	important	ADJ
easat-9600	52	24	things	thing	NOUN
easat-9600	52	25	to	to	PART
easat-9600	52	26	strengthen	strengthen	VERB
easat-9600	52	27	the	the	DET
easat-9600	52	28	relationship	relationship	NOUN
easat-9600	52	29	.	.	PUNCT
easat-9600	53	1	the	the	DET
easat-9600	53	2	alignment	alignment	NOUN
easat-9600	53	3	of	of	ADP
easat-9600	53	4	corporate	corporate	ADJ
easat-9600	53	5	governance	governance	NOUN
easat-9600	53	6	mechanisms	mechanism	NOUN
easat-9600	53	7	with	with	ADP
easat-9600	53	8	sustainability	sustainability	NOUN
easat-9600	53	9	practices	practice	NOUN
easat-9600	53	10	has	have	AUX
easat-9600	53	11	gained	gain	VERB
easat-9600	53	12	increasing	increase	VERB
easat-9600	53	13	attention	attention	NOUN
easat-9600	53	14	as	as	SCONJ
easat-9600	53	15	firms	firm	NOUN
easat-9600	53	16	navigate	navigate	VERB
easat-9600	53	17	regulatory	regulatory	ADJ
easat-9600	53	18	,	,	PUNCT
easat-9600	53	19	reputational	reputational	ADJ
easat-9600	53	20	,	,	PUNCT
easat-9600	53	21	and	and	CCONJ
easat-9600	53	22	stakeholder	stakeholder	NOUN
easat-9600	53	23	expectations	expectation	NOUN
easat-9600	53	24	.	.	PUNCT
easat-9600	54	1	institutional	institutional	ADJ
easat-9600	54	2	ownership	ownership	NOUN
easat-9600	54	3	is	be	AUX
easat-9600	54	4	often	often	ADV
easat-9600	54	5	viewed	view	VERB
easat-9600	54	6	as	as	ADP
easat-9600	54	7	a	a	DET
easat-9600	54	8	governance	governance	NOUN
easat-9600	54	9	force	force	NOUN
easat-9600	54	10	capable	capable	ADJ
easat-9600	54	11	of	of	ADP
easat-9600	54	12	steering	steer	VERB
easat-9600	54	13	managerial	managerial	ADJ
easat-9600	54	14	decisions	decision	NOUN
easat-9600	54	15	toward	toward	ADP
easat-9600	54	16	long	long	ADJ
easat-9600	54	17	-	-	PUNCT
easat-9600	54	18	term	term	NOUN
easat-9600	54	19	value	value	NOUN
easat-9600	54	20	creation	creation	NOUN
easat-9600	54	21	,	,	PUNCT
easat-9600	54	22	including	include	VERB
easat-9600	54	23	sustainability	sustainability	NOUN
easat-9600	54	24	.	.	PUNCT
easat-9600	55	1	however	however	ADV
easat-9600	55	2	,	,	PUNCT
easat-9600	55	3	the	the	DET
easat-9600	55	4	pathway	pathway	NOUN
easat-9600	55	5	from	from	ADP
easat-9600	55	6	institutional	institutional	ADJ
easat-9600	55	7	ownership	ownership	NOUN
easat-9600	55	8	to	to	ADP
easat-9600	55	9	firm	firm	ADJ
easat-9600	55	10	value	value	NOUN
easat-9600	55	11	is	be	AUX
easat-9600	55	12	complex	complex	ADJ
easat-9600	55	13	and	and	CCONJ
easat-9600	55	14	potentially	potentially	ADV
easat-9600	55	15	moderated	moderate	VERB
easat-9600	55	16	by	by	ADP
easat-9600	55	17	audit	audit	NOUN
easat-9600	55	18	quality	quality	NOUN
easat-9600	55	19	.	.	PUNCT
easat-9600	56	1	this	this	DET
easat-9600	56	2	study	study	NOUN
easat-9600	56	3	aims	aim	VERB
easat-9600	56	4	to	to	PART
easat-9600	56	5	analyze	analyze	VERB
easat-9600	56	6	whether	whether	SCONJ
easat-9600	56	7	corporate	corporate	ADJ
easat-9600	56	8	sustainability	sustainability	NOUN
easat-9600	56	9	mediates	mediate	VERB
easat-9600	56	10	the	the	DET
easat-9600	56	11	relationship	relationship	NOUN
easat-9600	56	12	between	between	ADP
easat-9600	56	13	institutional	institutional	ADJ
easat-9600	56	14	ownership	ownership	NOUN
easat-9600	56	15	and	and	CCONJ
easat-9600	56	16	firm	firm	ADJ
easat-9600	56	17	value	value	NOUN
easat-9600	56	18	,	,	PUNCT
easat-9600	56	19	and	and	CCONJ
easat-9600	56	20	whether	whether	SCONJ
easat-9600	56	21	audit	audit	NOUN
easat-9600	56	22	quality	quality	NOUN
easat-9600	56	23	moderates	moderate	NOUN
easat-9600	56	24	these	these	DET
easat-9600	56	25	effects	effect	NOUN
easat-9600	56	26	.	.	PUNCT
easat-9600	57	1	this	this	DET
easat-9600	57	2	research	research	NOUN
easat-9600	57	3	not	not	PART
easat-9600	57	4	only	only	ADV
easat-9600	57	5	relevant	relevant	ADJ
easat-9600	57	6	for	for	ADP
easat-9600	57	7	academic	academic	ADJ
easat-9600	57	8	but	but	CCONJ
easat-9600	57	9	also	also	ADV
easat-9600	57	10	the	the	DET
easat-9600	57	11	practically	practically	ADV
easat-9600	57	12	important	important	ADJ
easat-9600	57	13	to	to	ADP
easat-9600	57	14	developing	develop	VERB
easat-9600	57	15	corporate	corporate	ADJ
easat-9600	57	16	governance	governance	NOUN
easat-9600	57	17	and	and	CCONJ
easat-9600	57	18	awareness	awareness	NOUN
easat-9600	57	19	of	of	ADP
easat-9600	57	20	sustainability	sustainability	NOUN
easat-9600	57	21	issues	issue	NOUN
easat-9600	57	22	are	be	AUX
easat-9600	57	23	still	still	ADV
easat-9600	57	24	envolving	envolve	VERB
easat-9600	57	25	.	.	PUNCT
easat-9600	58	1	2	2	X
easat-9600	58	2	.	.	X
easat-9600	58	3	literature	literature	NOUN
easat-9600	58	4	review	review	VERB
easat-9600	58	5	2.1	2.1	NUM
easat-9600	58	6	.	.	PUNCT
easat-9600	59	1	signaling	signal	VERB
easat-9600	59	2	theory	theory	NOUN
easat-9600	59	3	signaling	signal	VERB
easat-9600	59	4	theory	theory	NOUN
easat-9600	59	5	spence	spence	NOUN
easat-9600	60	1	[	[	X
easat-9600	60	2	16	16	NUM
easat-9600	60	3	]	]	PUNCT
easat-9600	60	4	provides	provide	VERB
easat-9600	60	5	a	a	DET
easat-9600	60	6	useful	useful	ADJ
easat-9600	60	7	framework	framework	NOUN
easat-9600	60	8	for	for	ADP
easat-9600	60	9	understanding	understand	VERB
easat-9600	60	10	how	how	SCONJ
easat-9600	60	11	firms	firm	NOUN
easat-9600	60	12	communicate	communicate	VERB
easat-9600	60	13	information	information	NOUN
easat-9600	60	14	to	to	ADP
easat-9600	60	15	external	external	ADJ
easat-9600	60	16	stakeholders	stakeholder	NOUN
easat-9600	60	17	particularly	particularly	ADV
easat-9600	60	18	investors	investor	NOUN
easat-9600	60	19	when	when	SCONJ
easat-9600	60	20	there	there	PRON
easat-9600	60	21	is	be	VERB
easat-9600	60	22	information	information	NOUN
easat-9600	60	23	asymmetry	asymmetry	NOUN
easat-9600	60	24	between	between	ADP
easat-9600	60	25	management	management	NOUN
easat-9600	60	26	and	and	CCONJ
easat-9600	60	27	the	the	DET
easat-9600	60	28	market	market	NOUN
easat-9600	60	29	.	.	PUNCT
easat-9600	61	1	in	in	ADP
easat-9600	61	2	this	this	DET
easat-9600	61	3	research	research	NOUN
easat-9600	61	4	,	,	PUNCT
easat-9600	61	5	the	the	DET
easat-9600	61	6	actions	action	NOUN
easat-9600	61	7	taken	take	VERB
easat-9600	61	8	by	by	ADP
easat-9600	61	9	a	a	DET
easat-9600	61	10	firm	firm	NOUN
easat-9600	61	11	those	those	PRON
easat-9600	61	12	are	be	AUX
easat-9600	61	13	1345	1345	NUM
easat-9600	61	14	edelweiss	edelweiss	PROPN
easat-9600	61	15	applied	apply	VERB
easat-9600	61	16	science	science	NOUN
easat-9600	61	17	and	and	CCONJ
easat-9600	61	18	technology	technology	NOUN
easat-9600	61	19	issn	issn	PROPN
easat-9600	61	20	:	:	PUNCT
easat-9600	61	21	2576	2576	NUM
easat-9600	61	22	-	-	SYM
easat-9600	61	23	8484	8484	NUM
easat-9600	61	24	vol	vol	NOUN
easat-9600	61	25	.	.	PROPN
easat-9600	62	1	9	9	NUM
easat-9600	62	2	,	,	PUNCT
easat-9600	62	3	no	no	INTJ
easat-9600	62	4	.	.	NOUN
easat-9600	62	5	8	8	NUM
easat-9600	62	6	:	:	SYM
easat-9600	62	7	1343	1343	NUM
easat-9600	62	8	-	-	SYM
easat-9600	62	9	1353	1353	NUM
easat-9600	62	10	,	,	PUNCT
easat-9600	62	11	2025	2025	NUM
easat-9600	62	12	doi	doi	NOUN
easat-9600	62	13	:	:	PUNCT
easat-9600	62	14	10.55214/2576	10.55214/2576	NUM
easat-9600	62	15	-	-	SYM
easat-9600	62	16	8484.v9i8.9600	8484.v9i8.9600	NUM
easat-9600	62	17	©	©	PROPN
easat-9600	62	18	2025	2025	NUM
easat-9600	62	19	by	by	ADP
easat-9600	62	20	the	the	DET
easat-9600	62	21	authors	author	NOUN
easat-9600	62	22	;	;	PUNCT
easat-9600	62	23	licensee	licensee	PROPN
easat-9600	62	24	learning	learning	NOUN
easat-9600	62	25	gate	gate	NOUN
easat-9600	62	26	observable	observable	ADJ
easat-9600	62	27	and	and	CCONJ
easat-9600	62	28	costly	costly	ADJ
easat-9600	62	29	to	to	PART
easat-9600	62	30	imitate	imitate	VERB
easat-9600	62	31	serve	serve	NOUN
easat-9600	62	32	as	as	ADP
easat-9600	62	33	signals	signal	NOUN
easat-9600	62	34	of	of	ADP
easat-9600	62	35	the	the	DET
easat-9600	62	36	firm	firm	NOUN
easat-9600	62	37	’s	’s	PART
easat-9600	62	38	underlying	underlying	ADJ
easat-9600	62	39	quality	quality	NOUN
easat-9600	62	40	,	,	PUNCT
easat-9600	62	41	prospects	prospect	NOUN
easat-9600	62	42	or	or	CCONJ
easat-9600	62	43	strategic	strategic	ADJ
easat-9600	62	44	intentions	intention	NOUN
easat-9600	62	45	.	.	PUNCT
easat-9600	63	1	signaling	signal	VERB
easat-9600	63	2	theory	theory	NOUN
easat-9600	63	3	is	be	AUX
easat-9600	63	4	a	a	DET
easat-9600	63	5	fundamental	fundamental	ADJ
easat-9600	63	6	concept	concept	NOUN
easat-9600	63	7	in	in	ADP
easat-9600	63	8	economics	economic	NOUN
easat-9600	63	9	and	and	CCONJ
easat-9600	63	10	evolutionary	evolutionary	ADJ
easat-9600	63	11	that	that	PRON
easat-9600	63	12	explains	explain	VERB
easat-9600	63	13	how	how	SCONJ
easat-9600	63	14	part	part	NOUN
easat-9600	63	15	credibly	credibly	ADV
easat-9600	63	16	conveys	convey	VERB
easat-9600	63	17	information	information	NOUN
easat-9600	63	18	to	to	ADP
easat-9600	63	19	another	another	DET
easat-9600	63	20	part	part	NOUN
easat-9600	63	21	.	.	PUNCT
easat-9600	64	1	the	the	DET
easat-9600	64	2	theory	theory	NOUN
easat-9600	64	3	addresses	address	VERB
easat-9600	64	4	situations	situation	NOUN
easat-9600	64	5	of	of	ADP
easat-9600	64	6	asymmetry	asymmetry	NOUN
easat-9600	64	7	information	information	NOUN
easat-9600	64	8	,	,	PUNCT
easat-9600	64	9	where	where	SCONJ
easat-9600	64	10	one	one	NUM
easat-9600	64	11	party	party	NOUN
easat-9600	64	12	possesses	possess	VERB
easat-9600	64	13	more	more	ADJ
easat-9600	64	14	or	or	CCONJ
easat-9600	64	15	better	well	ADJ
easat-9600	64	16	information	information	NOUN
easat-9600	64	17	than	than	ADP
easat-9600	64	18	the	the	DET
easat-9600	64	19	other	other	ADJ
easat-9600	64	20	.	.	PUNCT
easat-9600	65	1	2.2	2.2	NUM
easat-9600	65	2	.	.	PUNCT
easat-9600	65	3	corporate	corporate	ADJ
easat-9600	65	4	sustainability	sustainability	NOUN
easat-9600	65	5	(	(	PUNCT
easat-9600	65	6	cs	cs	ADJ
easat-9600	65	7	)	)	PUNCT
easat-9600	65	8	artiach	artiach	NOUN
easat-9600	65	9	,	,	PUNCT
easat-9600	65	10	et	et	PROPN
easat-9600	65	11	al	al	PROPN
easat-9600	65	12	.	.	PUNCT
easat-9600	66	1	[	[	X
easat-9600	66	2	17	17	NUM
easat-9600	66	3	]	]	PUNCT
easat-9600	66	4	define	define	VERB
easat-9600	66	5	corporate	corporate	ADJ
easat-9600	66	6	sustainability	sustainability	NOUN
easat-9600	66	7	as	as	ADP
easat-9600	66	8	a	a	DET
easat-9600	66	9	measure	measure	NOUN
easat-9600	66	10	of	of	ADP
easat-9600	66	11	the	the	DET
easat-9600	66	12	impact	impact	NOUN
easat-9600	66	13	of	of	ADP
easat-9600	66	14	a	a	DET
easat-9600	66	15	corporate	corporate	NOUN
easat-9600	66	16	's	's	PART
easat-9600	66	17	policies	policy	NOUN
easat-9600	66	18	in	in	ADP
easat-9600	66	19	the	the	DET
easat-9600	66	20	economic	economic	ADJ
easat-9600	66	21	,	,	PUNCT
easat-9600	66	22	environmental	environmental	ADJ
easat-9600	66	23	,	,	PUNCT
easat-9600	66	24	social	social	ADJ
easat-9600	66	25	,	,	PUNCT
easat-9600	66	26	and	and	CCONJ
easat-9600	66	27	governance	governance	NOUN
easat-9600	66	28	spheres	sphere	NOUN
easat-9600	66	29	on	on	ADP
easat-9600	66	30	society	society	NOUN
easat-9600	66	31	.	.	PUNCT
easat-9600	67	1	in	in	ADP
easat-9600	67	2	the	the	DET
easat-9600	67	3	context	context	NOUN
easat-9600	67	4	of	of	ADP
easat-9600	67	5	this	this	DET
easat-9600	67	6	paper	paper	NOUN
easat-9600	67	7	,	,	PUNCT
easat-9600	67	8	each	each	DET
easat-9600	67	9	corporate	corporate	NOUN
easat-9600	67	10	's	's	PART
easat-9600	67	11	corporate	corporate	ADJ
easat-9600	67	12	sustainability	sustainability	NOUN
easat-9600	67	13	performance	performance	NOUN
easat-9600	67	14	is	be	AUX
easat-9600	67	15	assessed	assess	VERB
easat-9600	67	16	in	in	ADP
easat-9600	67	17	the	the	DET
easat-9600	67	18	form	form	NOUN
easat-9600	67	19	of	of	ADP
easat-9600	67	20	an	an	DET
easat-9600	67	21	esg	esg	NOUN
easat-9600	67	22	(	(	PUNCT
easat-9600	67	23	environment	environment	NOUN
easat-9600	67	24	,	,	PUNCT
easat-9600	67	25	social	social	ADJ
easat-9600	67	26	,	,	PUNCT
easat-9600	67	27	and	and	CCONJ
easat-9600	67	28	governance	governance	NOUN
easat-9600	67	29	)	)	PUNCT
easat-9600	67	30	score	score	NOUN
easat-9600	67	31	.	.	PUNCT
easat-9600	68	1	corporate	corporate	ADJ
easat-9600	68	2	sustainability	sustainability	NOUN
easat-9600	68	3	refers	refer	VERB
easat-9600	68	4	to	to	ADP
easat-9600	68	5	a	a	DET
easat-9600	68	6	company	company	NOUN
easat-9600	68	7	’s	’s	PART
easat-9600	68	8	strategic	strategic	ADJ
easat-9600	68	9	commitment	commitment	NOUN
easat-9600	68	10	to	to	PART
easat-9600	68	11	operate	operate	VERB
easat-9600	68	12	responsibly	responsibly	ADV
easat-9600	68	13	by	by	ADP
easat-9600	68	14	balancing	balance	VERB
easat-9600	68	15	three	three	NUM
easat-9600	68	16	core	core	NOUN
easat-9600	68	17	pillars	pillar	NOUN
easat-9600	68	18	:	:	PUNCT
easat-9600	68	19	environmental	environmental	ADJ
easat-9600	68	20	,	,	PUNCT
easat-9600	68	21	social	social	ADJ
easat-9600	68	22	,	,	PUNCT
easat-9600	68	23	and	and	CCONJ
easat-9600	68	24	governance	governance	NOUN
easat-9600	68	25	(	(	PUNCT
easat-9600	68	26	commonly	commonly	ADV
easat-9600	68	27	known	know	VERB
easat-9600	68	28	as	as	ADP
easat-9600	68	29	esg	esg	PROPN
easat-9600	68	30	)	)	PUNCT
easat-9600	68	31	.	.	PUNCT
easat-9600	69	1	it	it	PRON
easat-9600	69	2	goes	go	VERB
easat-9600	69	3	beyond	beyond	ADP
easat-9600	69	4	short	short	ADJ
easat-9600	69	5	-	-	PUNCT
easat-9600	69	6	term	term	NOUN
easat-9600	69	7	profit	profit	NOUN
easat-9600	69	8	goals	goal	NOUN
easat-9600	69	9	by	by	ADP
easat-9600	69	10	integrating	integrate	VERB
easat-9600	69	11	longterm	longterm	ADJ
easat-9600	69	12	environmental	environmental	ADJ
easat-9600	69	13	stewardship	stewardship	NOUN
easat-9600	69	14	,	,	PUNCT
easat-9600	69	15	social	social	ADJ
easat-9600	69	16	well	well	ADV
easat-9600	69	17	-	-	PUNCT
easat-9600	69	18	being	being	NOUN
easat-9600	69	19	,	,	PUNCT
easat-9600	69	20	and	and	CCONJ
easat-9600	69	21	ethical	ethical	ADJ
easat-9600	69	22	governance	governance	NOUN
easat-9600	69	23	into	into	ADP
easat-9600	69	24	business	business	NOUN
easat-9600	69	25	operations	operation	NOUN
easat-9600	69	26	.	.	PUNCT
easat-9600	70	1	a	a	DET
easat-9600	70	2	sustainable	sustainable	ADJ
easat-9600	70	3	company	company	NOUN
easat-9600	70	4	to	to	PART
easat-9600	70	5	reduce	reduce	VERB
easat-9600	70	6	negative	negative	ADJ
easat-9600	70	7	environmental	environmental	ADJ
easat-9600	70	8	impacts	impact	NOUN
easat-9600	70	9	and	and	CCONJ
easat-9600	70	10	supports	support	VERB
easat-9600	70	11	social	social	ADJ
easat-9600	70	12	initiatives	initiative	NOUN
easat-9600	70	13	to	to	PART
easat-9600	70	14	adopts	adopt	VERB
easat-9600	70	15	transparent	transparent	ADJ
easat-9600	70	16	governance	governance	NOUN
easat-9600	70	17	practices	practice	NOUN
easat-9600	70	18	.	.	PUNCT
easat-9600	71	1	corporate	corporate	ADJ
easat-9600	71	2	sustainability	sustainability	NOUN
easat-9600	71	3	enhances	enhance	VERB
easat-9600	71	4	a	a	DET
easat-9600	71	5	company	company	NOUN
easat-9600	71	6	’s	’s	PART
easat-9600	71	7	legitimacy	legitimacy	NOUN
easat-9600	71	8	,	,	PUNCT
easat-9600	71	9	reputation	reputation	NOUN
easat-9600	71	10	and	and	CCONJ
easat-9600	71	11	stakeholder	stakeholder	NOUN
easat-9600	71	12	trust	trust	PROPN
easat-9600	71	13	.	.	PUNCT
easat-9600	72	1	the	the	DET
easat-9600	72	2	study	study	NOUN
easat-9600	72	3	suggests	suggest	VERB
easat-9600	72	4	that	that	SCONJ
easat-9600	72	5	the	the	DET
easat-9600	72	6	implementation	implementation	NOUN
easat-9600	72	7	of	of	ADP
easat-9600	72	8	good	good	ADJ
easat-9600	72	9	sustainability	sustainability	NOUN
easat-9600	72	10	strategies	strategy	NOUN
easat-9600	72	11	can	can	AUX
easat-9600	72	12	help	help	VERB
easat-9600	72	13	companies	company	NOUN
easat-9600	72	14	build	build	VERB
easat-9600	72	15	brand	brand	NOUN
easat-9600	72	16	reputation	reputation	NOUN
easat-9600	72	17	and	and	CCONJ
easat-9600	72	18	manage	manage	VERB
easat-9600	72	19	their	their	PRON
easat-9600	72	20	businesses	business	NOUN
easat-9600	72	21	effectively	effectively	ADV
easat-9600	72	22	[	[	X
easat-9600	72	23	18	18	NUM
easat-9600	72	24	-	-	SYM
easat-9600	72	25	20	20	NUM
easat-9600	72	26	]	]	PUNCT
easat-9600	72	27	.	.	PUNCT
easat-9600	73	1	2.3	2.3	NUM
easat-9600	73	2	.	.	PUNCT
easat-9600	73	3	firm	firm	ADJ
easat-9600	73	4	value	value	NOUN
easat-9600	73	5	(	(	PUNCT
easat-9600	73	6	fv	fv	NOUN
easat-9600	73	7	)	)	PUNCT
easat-9600	73	8	brigham	brigham	PROPN
easat-9600	73	9	and	and	CCONJ
easat-9600	73	10	houston	houston	PROPN
easat-9600	73	11	[	[	X
easat-9600	73	12	21	21	NUM
easat-9600	73	13	]	]	PUNCT
easat-9600	73	14	argue	argue	VERB
easat-9600	73	15	that	that	SCONJ
easat-9600	73	16	firm	firm	ADJ
easat-9600	73	17	value	value	NOUN
easat-9600	73	18	is	be	AUX
easat-9600	73	19	the	the	DET
easat-9600	73	20	value	value	NOUN
easat-9600	73	21	assigned	assign	VERB
easat-9600	73	22	by	by	ADP
easat-9600	73	23	the	the	DET
easat-9600	73	24	market	market	NOUN
easat-9600	73	25	to	to	ADP
easat-9600	73	26	a	a	DET
easat-9600	73	27	corporate	corporate	NOUN
easat-9600	73	28	's	's	PART
easat-9600	73	29	performance	performance	NOUN
easat-9600	73	30	.	.	PUNCT
easat-9600	74	1	this	this	DET
easat-9600	74	2	value	value	NOUN
easat-9600	74	3	indicates	indicate	VERB
easat-9600	74	4	the	the	DET
easat-9600	74	5	market	market	NOUN
easat-9600	74	6	's	's	PART
easat-9600	74	7	desire	desire	NOUN
easat-9600	74	8	and	and	CCONJ
easat-9600	74	9	confidence	confidence	NOUN
easat-9600	74	10	in	in	ADP
easat-9600	74	11	the	the	DET
easat-9600	74	12	corporate	corporate	NOUN
easat-9600	74	13	's	's	PART
easat-9600	74	14	intrinsic	intrinsic	ADJ
easat-9600	74	15	value	value	NOUN
easat-9600	74	16	.	.	PUNCT
easat-9600	75	1	market	market	NOUN
easat-9600	75	2	appreciation	appreciation	NOUN
easat-9600	75	3	is	be	AUX
easat-9600	75	4	indicated	indicate	VERB
easat-9600	75	5	by	by	ADP
easat-9600	75	6	a	a	DET
easat-9600	75	7	stock	stock	NOUN
easat-9600	75	8	price	price	NOUN
easat-9600	75	9	above	above	ADP
easat-9600	75	10	book	book	NOUN
easat-9600	75	11	value	value	NOUN
easat-9600	75	12	,	,	PUNCT
easat-9600	75	13	while	while	SCONJ
easat-9600	75	14	market	market	NOUN
easat-9600	75	15	depreciation	depreciation	NOUN
easat-9600	75	16	is	be	AUX
easat-9600	75	17	shown	show	VERB
easat-9600	75	18	by	by	ADP
easat-9600	75	19	a	a	DET
easat-9600	75	20	stock	stock	NOUN
easat-9600	75	21	price	price	NOUN
easat-9600	75	22	below	below	ADP
easat-9600	75	23	book	book	NOUN
easat-9600	75	24	value	value	NOUN
easat-9600	75	25	.	.	PUNCT
easat-9600	76	1	if	if	SCONJ
easat-9600	76	2	the	the	DET
easat-9600	76	3	market	market	NOUN
easat-9600	76	4	assigns	assign	VERB
easat-9600	76	5	a	a	DET
easat-9600	76	6	higher	high	ADJ
easat-9600	76	7	value	value	NOUN
easat-9600	76	8	,	,	PUNCT
easat-9600	76	9	it	it	PRON
easat-9600	76	10	indicates	indicate	VERB
easat-9600	76	11	that	that	SCONJ
easat-9600	76	12	the	the	DET
easat-9600	76	13	market	market	NOUN
easat-9600	76	14	perceives	perceive	VERB
easat-9600	76	15	the	the	DET
easat-9600	76	16	corporate	corporate	NOUN
easat-9600	76	17	to	to	PART
easat-9600	76	18	have	have	VERB
easat-9600	76	19	good	good	ADJ
easat-9600	76	20	prospects	prospect	NOUN
easat-9600	76	21	,	,	PUNCT
easat-9600	76	22	and	and	CCONJ
easat-9600	76	23	vice	vice	ADV
easat-9600	76	24	versa	versa	ADV
easat-9600	76	25	.	.	PUNCT
easat-9600	77	1	in	in	ADP
easat-9600	77	2	this	this	DET
easat-9600	77	3	study	study	NOUN
easat-9600	77	4	,	,	PUNCT
easat-9600	77	5	firm	firm	ADJ
easat-9600	77	6	value	value	NOUN
easat-9600	77	7	is	be	AUX
easat-9600	77	8	proxied	proxie	VERB
easat-9600	77	9	by	by	ADP
easat-9600	77	10	price	price	NOUN
easat-9600	77	11	to	to	ADP
easat-9600	77	12	book	book	NOUN
easat-9600	77	13	value	value	NOUN
easat-9600	77	14	(	(	PUNCT
easat-9600	77	15	pbv	pbv	VERB
easat-9600	77	16	)	)	PUNCT
easat-9600	77	17	and	and	CCONJ
easat-9600	77	18	tobin	tobin	PROPN
easat-9600	77	19	’s	’s	PART
easat-9600	77	20	q	q	PROPN
easat-9600	77	21	ratio	ratio	NOUN
easat-9600	77	22	[	[	X
easat-9600	77	23	22	22	NUM
easat-9600	77	24	]	]	PUNCT
easat-9600	77	25	.	.	PUNCT
easat-9600	78	1	a	a	DET
easat-9600	78	2	comprehensive	comprehensive	ADJ
easat-9600	78	3	view	view	NOUN
easat-9600	78	4	of	of	ADP
easat-9600	78	5	the	the	DET
easat-9600	78	6	corporate	corporate	NOUN
easat-9600	78	7	during	during	ADP
easat-9600	78	8	the	the	DET
easat-9600	78	9	exclusive	exclusive	ADJ
easat-9600	78	10	period	period	NOUN
easat-9600	78	11	is	be	AUX
easat-9600	78	12	the	the	DET
easat-9600	78	13	result	result	NOUN
easat-9600	78	14	or	or	CCONJ
easat-9600	78	15	achievement	achievement	NOUN
easat-9600	78	16	determined	determine	VERB
easat-9600	78	17	by	by	ADP
easat-9600	78	18	the	the	DET
easat-9600	78	19	corporate	corporate	NOUN
easat-9600	78	20	's	's	PART
easat-9600	78	21	operational	operational	ADJ
easat-9600	78	22	activities	activity	NOUN
easat-9600	78	23	in	in	ADP
easat-9600	78	24	utilizing	utilize	VERB
easat-9600	78	25	its	its	PRON
easat-9600	78	26	resources	resource	NOUN
easat-9600	78	27	.	.	PUNCT
easat-9600	79	1	firm	firm	ADJ
easat-9600	79	2	value	value	NOUN
easat-9600	79	3	is	be	AUX
easat-9600	79	4	a	a	DET
easat-9600	79	5	goal	goal	NOUN
easat-9600	79	6	in	in	ADP
easat-9600	79	7	corporate	corporate	ADJ
easat-9600	79	8	finance	finance	NOUN
easat-9600	79	9	and	and	CCONJ
easat-9600	79	10	strategic	strategic	ADJ
easat-9600	79	11	management	management	NOUN
easat-9600	79	12	because	because	SCONJ
easat-9600	79	13	it	it	PRON
easat-9600	79	14	encapsulates	encapsulate	VERB
easat-9600	79	15	how	how	SCONJ
easat-9600	79	16	well	well	ADV
easat-9600	79	17	a	a	DET
easat-9600	79	18	company	company	NOUN
easat-9600	79	19	uses	use	VERB
easat-9600	79	20	its	its	PRON
easat-9600	79	21	assets	asset	NOUN
easat-9600	79	22	,	,	PUNCT
easat-9600	79	23	manages	manage	VERB
easat-9600	79	24	its	its	PRON
easat-9600	79	25	risks	risk	NOUN
easat-9600	79	26	,	,	PUNCT
easat-9600	79	27	and	and	CCONJ
easat-9600	79	28	maintains	maintain	VERB
easat-9600	79	29	investor	investor	NOUN
easat-9600	79	30	confidence	confidence	NOUN
easat-9600	79	31	.	.	PUNCT
easat-9600	80	1	it	it	PRON
easat-9600	80	2	also	also	ADV
easat-9600	80	3	serves	serve	VERB
easat-9600	80	4	as	as	ADP
easat-9600	80	5	an	an	DET
easat-9600	80	6	ultimate	ultimate	ADJ
easat-9600	80	7	outcome	outcome	NOUN
easat-9600	80	8	variable	variable	NOUN
easat-9600	80	9	in	in	ADP
easat-9600	80	10	governance	governance	NOUN
easat-9600	80	11	,	,	PUNCT
easat-9600	80	12	sustainability	sustainability	NOUN
easat-9600	80	13	,	,	PUNCT
easat-9600	80	14	and	and	CCONJ
easat-9600	80	15	ownership	ownership	NOUN
easat-9600	80	16	studies	study	NOUN
easat-9600	80	17	.	.	PUNCT
easat-9600	81	1	2.4	2.4	NUM
easat-9600	81	2	.	.	PUNCT
easat-9600	82	1	institutional	institutional	ADJ
easat-9600	82	2	ownership	ownership	NOUN
easat-9600	82	3	(	(	PUNCT
easat-9600	82	4	io	io	NOUN
easat-9600	82	5	)	)	PUNCT
easat-9600	82	6	institutional	institutional	ADJ
easat-9600	82	7	ownership	ownership	NOUN
easat-9600	82	8	has	have	VERB
easat-9600	82	9	the	the	DET
easat-9600	82	10	ability	ability	NOUN
easat-9600	82	11	to	to	PART
easat-9600	82	12	control	control	VERB
easat-9600	82	13	management	management	NOUN
easat-9600	82	14	through	through	ADP
easat-9600	82	15	effective	effective	ADJ
easat-9600	82	16	monitoring	monitoring	NOUN
easat-9600	82	17	processes	process	NOUN
easat-9600	82	18	.	.	PUNCT
easat-9600	83	1	a	a	DET
easat-9600	83	2	high	high	ADJ
easat-9600	83	3	level	level	NOUN
easat-9600	83	4	of	of	ADP
easat-9600	83	5	institutional	institutional	ADJ
easat-9600	83	6	ownership	ownership	NOUN
easat-9600	83	7	will	will	AUX
easat-9600	83	8	result	result	VERB
easat-9600	83	9	in	in	ADP
easat-9600	83	10	greater	great	ADJ
easat-9600	83	11	oversight	oversight	NOUN
easat-9600	83	12	by	by	ADP
easat-9600	83	13	institutional	institutional	ADJ
easat-9600	83	14	investors	investor	NOUN
easat-9600	83	15	,	,	PUNCT
easat-9600	83	16	thereby	thereby	ADV
easat-9600	83	17	preventing	prevent	VERB
easat-9600	83	18	opportunistic	opportunistic	ADJ
easat-9600	83	19	behavior	behavior	NOUN
easat-9600	83	20	by	by	ADP
easat-9600	83	21	managers	manager	NOUN
easat-9600	83	22	and	and	CCONJ
easat-9600	83	23	minimizing	minimize	VERB
easat-9600	83	24	the	the	DET
easat-9600	83	25	level	level	NOUN
easat-9600	83	26	of	of	ADP
easat-9600	83	27	misappropriation	misappropriation	NOUN
easat-9600	83	28	by	by	ADP
easat-9600	83	29	management	management	NOUN
easat-9600	83	30	that	that	PRON
easat-9600	83	31	would	would	AUX
easat-9600	83	32	reduce	reduce	VERB
easat-9600	83	33	the	the	DET
easat-9600	83	34	value	value	NOUN
easat-9600	83	35	of	of	ADP
easat-9600	83	36	the	the	DET
easat-9600	83	37	company	company	NOUN
easat-9600	83	38	[	[	X
easat-9600	83	39	23	23	NUM
easat-9600	83	40	]	]	PUNCT
easat-9600	83	41	.	.	PUNCT
easat-9600	84	1	institutional	institutional	ADJ
easat-9600	84	2	ownership	ownership	NOUN
easat-9600	84	3	refers	refer	VERB
easat-9600	84	4	to	to	ADP
easat-9600	84	5	the	the	DET
easat-9600	84	6	percentage	percentage	NOUN
easat-9600	84	7	of	of	ADP
easat-9600	84	8	a	a	DET
easat-9600	84	9	company	company	NOUN
easat-9600	84	10	’s	’s	PART
easat-9600	84	11	shares	share	NOUN
easat-9600	84	12	held	hold	VERB
easat-9600	84	13	by	by	ADP
easat-9600	84	14	large	large	ADJ
easat-9600	84	15	,	,	PUNCT
easat-9600	84	16	professional	professional	ADJ
easat-9600	84	17	investors	investor	NOUN
easat-9600	84	18	such	such	ADJ
easat-9600	84	19	as	as	ADP
easat-9600	84	20	mutual	mutual	ADJ
easat-9600	84	21	funds	fund	NOUN
easat-9600	84	22	,	,	PUNCT
easat-9600	84	23	pension	pension	NOUN
easat-9600	84	24	funds	fund	NOUN
easat-9600	84	25	,	,	PUNCT
easat-9600	84	26	insurance	insurance	NOUN
easat-9600	84	27	companies	company	NOUN
easat-9600	84	28	,	,	PUNCT
easat-9600	84	29	and	and	CCONJ
easat-9600	84	30	asset	asset	NOUN
easat-9600	84	31	management	management	NOUN
easat-9600	84	32	firms	firm	NOUN
easat-9600	84	33	.	.	PUNCT
easat-9600	85	1	these	these	DET
easat-9600	85	2	institutions	institution	NOUN
easat-9600	85	3	typically	typically	ADV
easat-9600	85	4	have	have	VERB
easat-9600	85	5	substantial	substantial	ADJ
easat-9600	85	6	resources	resource	NOUN
easat-9600	85	7	,	,	PUNCT
easat-9600	85	8	expertise	expertise	NOUN
easat-9600	85	9	and	and	CCONJ
easat-9600	85	10	a	a	DET
easat-9600	85	11	long	long	ADJ
easat-9600	85	12	-	-	PUNCT
easat-9600	85	13	term	term	NOUN
easat-9600	85	14	investment	investment	NOUN
easat-9600	85	15	orientation	orientation	NOUN
easat-9600	85	16	.	.	PUNCT
easat-9600	86	1	institutional	institutional	ADJ
easat-9600	86	2	investors	investor	NOUN
easat-9600	86	3	play	play	VERB
easat-9600	86	4	a	a	DET
easat-9600	86	5	critical	critical	ADJ
easat-9600	86	6	role	role	NOUN
easat-9600	86	7	in	in	ADP
easat-9600	86	8	corporate	corporate	ADJ
easat-9600	86	9	governance	governance	NOUN
easat-9600	86	10	.	.	PUNCT
easat-9600	87	1	because	because	SCONJ
easat-9600	87	2	of	of	ADP
easat-9600	87	3	their	their	PRON
easat-9600	87	4	significant	significant	ADJ
easat-9600	87	5	shareholding	shareholding	NOUN
easat-9600	87	6	,	,	PUNCT
easat-9600	87	7	they	they	PRON
easat-9600	87	8	have	have	AUX
easat-9600	87	9	better	well	ADV
easat-9600	87	10	positioned	position	VERB
easat-9600	87	11	to	to	PART
easat-9600	87	12	monitor	monitor	VERB
easat-9600	87	13	managerial	managerial	ADJ
easat-9600	87	14	behavior	behavior	NOUN
easat-9600	87	15	,	,	PUNCT
easat-9600	87	16	demand	demand	VERB
easat-9600	87	17	transparency	transparency	NOUN
easat-9600	87	18	and	and	CCONJ
easat-9600	87	19	influence	influence	VERB
easat-9600	87	20	strategic	strategic	ADJ
easat-9600	87	21	decisions	decision	NOUN
easat-9600	87	22	those	those	PRON
easat-9600	87	23	related	relate	VERB
easat-9600	87	24	to	to	ADP
easat-9600	87	25	sustainability	sustainability	NOUN
easat-9600	87	26	,	,	PUNCT
easat-9600	87	27	ethical	ethical	ADJ
easat-9600	87	28	conduct	conduct	NOUN
easat-9600	87	29	and	and	CCONJ
easat-9600	87	30	performance	performance	NOUN
easat-9600	87	31	.	.	PUNCT
easat-9600	88	1	their	their	PRON
easat-9600	88	2	presence	presence	NOUN
easat-9600	88	3	often	often	ADV
easat-9600	88	4	indicates	indicate	VERB
easat-9600	88	5	strong	strong	ADJ
easat-9600	88	6	external	external	ADJ
easat-9600	88	7	pressure	pressure	NOUN
easat-9600	88	8	on	on	ADP
easat-9600	88	9	management	management	NOUN
easat-9600	88	10	to	to	PART
easat-9600	88	11	act	act	VERB
easat-9600	88	12	in	in	ADP
easat-9600	88	13	the	the	DET
easat-9600	88	14	best	good	ADJ
easat-9600	88	15	interest	interest	NOUN
easat-9600	88	16	of	of	ADP
easat-9600	88	17	shareholders	shareholder	NOUN
easat-9600	88	18	.	.	PUNCT
easat-9600	89	1	2.5	2.5	NUM
easat-9600	89	2	.	.	PUNCT
easat-9600	90	1	audit	audit	NOUN
easat-9600	90	2	quality	quality	NOUN
easat-9600	90	3	(	(	PUNCT
easat-9600	90	4	aq	aq	NOUN
easat-9600	90	5	)	)	PUNCT
easat-9600	90	6	deangelo	deangelo	NOUN
easat-9600	91	1	[	[	X
easat-9600	91	2	24	24	NUM
easat-9600	91	3	]	]	PUNCT
easat-9600	91	4	defines	define	VERB
easat-9600	91	5	audit	audit	NOUN
easat-9600	91	6	quality	quality	NOUN
easat-9600	91	7	as	as	ADP
easat-9600	91	8	the	the	DET
easat-9600	91	9	joint	joint	ADJ
easat-9600	91	10	probability	probability	NOUN
easat-9600	91	11	assessed	assess	VERB
easat-9600	91	12	by	by	ADP
easat-9600	91	13	the	the	DET
easat-9600	91	14	market	market	NOUN
easat-9600	91	15	that	that	SCONJ
easat-9600	91	16	auditors	auditor	NOUN
easat-9600	91	17	will	will	AUX
easat-9600	91	18	find	find	VERB
easat-9600	91	19	violations	violation	NOUN
easat-9600	91	20	in	in	ADP
easat-9600	91	21	client	client	NOUN
easat-9600	91	22	accounting	accounting	NOUN
easat-9600	91	23	system	system	NOUN
easat-9600	91	24	reports	report	NOUN
easat-9600	91	25	and	and	CCONJ
easat-9600	91	26	be	be	AUX
easat-9600	91	27	able	able	ADJ
easat-9600	91	28	to	to	PART
easat-9600	91	29	report	report	VERB
easat-9600	91	30	those	those	DET
easat-9600	91	31	violations	violation	NOUN
easat-9600	91	32	.	.	PUNCT
easat-9600	92	1	this	this	DET
easat-9600	92	2	definition	definition	NOUN
easat-9600	92	3	emphasizes	emphasize	VERB
easat-9600	92	4	two	two	NUM
easat-9600	92	5	important	important	ADJ
easat-9600	92	6	aspects	aspect	NOUN
easat-9600	92	7	of	of	ADP
easat-9600	92	8	audit	audit	NOUN
easat-9600	92	9	quality	quality	NOUN
easat-9600	92	10	:	:	PUNCT
easat-9600	92	11	the	the	DET
easat-9600	92	12	professional	professional	ADJ
easat-9600	92	13	competence	competence	NOUN
easat-9600	92	14	of	of	ADP
easat-9600	92	15	the	the	DET
easat-9600	92	16	audit	audit	NOUN
easat-9600	92	17	firm	firm	NOUN
easat-9600	92	18	,	,	PUNCT
easat-9600	92	19	which	which	PRON
easat-9600	92	20	determines	determine	VERB
easat-9600	92	21	of	of	ADP
easat-9600	92	22	detecting	detect	VERB
easat-9600	92	23	misstatements	misstatement	NOUN
easat-9600	92	24	and	and	CCONJ
easat-9600	92	25	the	the	DET
easat-9600	92	26	independence	independence	NOUN
easat-9600	92	27	and	and	CCONJ
easat-9600	92	28	objectivity	objectivity	NOUN
easat-9600	92	29	of	of	ADP
easat-9600	92	30	the	the	DET
easat-9600	92	31	auditor	auditor	NOUN
easat-9600	92	32	,	,	PUNCT
easat-9600	92	33	which	which	PRON
easat-9600	92	34	determine	determine	VERB
easat-9600	92	35	decisions	decision	NOUN
easat-9600	92	36	regarding	regard	VERB
easat-9600	92	37	detected	detect	VERB
easat-9600	92	38	misstatements	misstatement	NOUN
easat-9600	92	39	.	.	PUNCT
easat-9600	93	1	audit	audit	NOUN
easat-9600	93	2	quality	quality	NOUN
easat-9600	93	3	refers	refer	VERB
easat-9600	93	4	to	to	ADP
easat-9600	93	5	the	the	DET
easat-9600	93	6	ability	ability	NOUN
easat-9600	93	7	of	of	ADP
easat-9600	93	8	the	the	DET
easat-9600	93	9	1346	1346	NUM
easat-9600	93	10	edelweiss	edelweiss	PROPN
easat-9600	93	11	applied	apply	VERB
easat-9600	93	12	science	science	NOUN
easat-9600	93	13	and	and	CCONJ
easat-9600	93	14	technology	technology	NOUN
easat-9600	93	15	issn	issn	PROPN
easat-9600	93	16	:	:	PUNCT
easat-9600	93	17	2576	2576	NUM
easat-9600	93	18	-	-	SYM
easat-9600	93	19	8484	8484	NUM
easat-9600	93	20	vol	vol	NOUN
easat-9600	93	21	.	.	PROPN
easat-9600	94	1	9	9	NUM
easat-9600	94	2	,	,	PUNCT
easat-9600	94	3	no	no	INTJ
easat-9600	94	4	.	.	NOUN
easat-9600	94	5	8	8	NUM
easat-9600	94	6	:	:	SYM
easat-9600	94	7	1343	1343	NUM
easat-9600	94	8	-	-	SYM
easat-9600	94	9	1353	1353	NUM
easat-9600	94	10	,	,	PUNCT
easat-9600	94	11	2025	2025	NUM
easat-9600	94	12	doi	doi	NOUN
easat-9600	94	13	:	:	PUNCT
easat-9600	94	14	10.55214/2576	10.55214/2576	NUM
easat-9600	94	15	-	-	SYM
easat-9600	94	16	8484.v9i8.9600	8484.v9i8.9600	NUM
easat-9600	94	17	©	©	PROPN
easat-9600	94	18	2025	2025	NUM
easat-9600	94	19	by	by	ADP
easat-9600	94	20	the	the	DET
easat-9600	94	21	authors	author	NOUN
easat-9600	94	22	;	;	PUNCT
easat-9600	94	23	licensee	licensee	PROPN
easat-9600	94	24	learning	learn	VERB
easat-9600	94	25	gate	gate	PROPN
easat-9600	94	26	audit	audit	NOUN
easat-9600	94	27	process	process	NOUN
easat-9600	94	28	to	to	PART
easat-9600	94	29	detect	detect	VERB
easat-9600	94	30	and	and	CCONJ
easat-9600	94	31	report	report	VERB
easat-9600	94	32	material	material	NOUN
easat-9600	94	33	misstatements	misstatement	NOUN
easat-9600	94	34	in	in	ADP
easat-9600	94	35	financial	financial	ADJ
easat-9600	94	36	and	and	CCONJ
easat-9600	94	37	non	non	ADJ
easat-9600	94	38	-	-	ADJ
easat-9600	94	39	financial	financial	ADJ
easat-9600	94	40	reports	report	NOUN
easat-9600	94	41	.	.	PUNCT
easat-9600	95	1	high	high	ADJ
easat-9600	95	2	audit	audit	NOUN
easat-9600	95	3	quality	quality	NOUN
easat-9600	95	4	provides	provide	VERB
easat-9600	95	5	assurance	assurance	NOUN
easat-9600	95	6	to	to	ADP
easat-9600	95	7	external	external	ADJ
easat-9600	95	8	stakeholders	stakeholder	NOUN
easat-9600	95	9	that	that	PRON
easat-9600	95	10	company	company	NOUN
easat-9600	95	11	disclosures	disclosure	VERB
easat-9600	95	12	as	as	ADP
easat-9600	95	13	financial	financial	ADJ
easat-9600	95	14	statements	statement	NOUN
easat-9600	95	15	and	and	CCONJ
easat-9600	95	16	sustainability	sustainability	NOUN
easat-9600	95	17	reports	report	NOUN
easat-9600	95	18	are	be	AUX
easat-9600	95	19	accurate	accurate	ADJ
easat-9600	95	20	,	,	PUNCT
easat-9600	95	21	reliable	reliable	ADJ
easat-9600	95	22	and	and	CCONJ
easat-9600	95	23	free	free	ADJ
easat-9600	95	24	from	from	ADP
easat-9600	95	25	bias	bias	NOUN
easat-9600	95	26	.	.	PUNCT
easat-9600	96	1	audit	audit	NOUN
easat-9600	96	2	quality	quality	NOUN
easat-9600	96	3	influenced	influence	VERB
easat-9600	96	4	as	as	ADP
easat-9600	96	5	the	the	DET
easat-9600	96	6	auditor	auditor	NOUN
easat-9600	96	7	’s	’s	PART
easat-9600	96	8	independence	independence	NOUN
easat-9600	96	9	,	,	PUNCT
easat-9600	96	10	technical	technical	ADJ
easat-9600	96	11	expertise	expertise	NOUN
easat-9600	96	12	,	,	PUNCT
easat-9600	96	13	reputation	reputation	NOUN
easat-9600	96	14	,	,	PUNCT
easat-9600	96	15	adherence	adherence	NOUN
easat-9600	96	16	to	to	ADP
easat-9600	96	17	standards	standard	NOUN
easat-9600	96	18	and	and	CCONJ
easat-9600	96	19	whether	whether	SCONJ
easat-9600	96	20	the	the	DET
easat-9600	96	21	audit	audit	NOUN
easat-9600	96	22	is	be	AUX
easat-9600	96	23	conducted	conduct	VERB
easat-9600	96	24	by	by	ADP
easat-9600	96	25	a	a	DET
easat-9600	96	26	big	big	ADJ
easat-9600	96	27	four	four	NUM
easat-9600	96	28	firm	firm	NOUN
easat-9600	96	29	.	.	PUNCT
easat-9600	97	1	in	in	ADP
easat-9600	97	2	sustainability	sustainability	NOUN
easat-9600	97	3	reporting	reporting	NOUN
easat-9600	97	4	,	,	PUNCT
easat-9600	97	5	high	high	ADJ
easat-9600	97	6	audit	audit	NOUN
easat-9600	97	7	quality	quality	NOUN
easat-9600	97	8	increases	increase	VERB
easat-9600	97	9	credibility	credibility	NOUN
easat-9600	97	10	and	and	CCONJ
easat-9600	97	11	trust	trust	NOUN
easat-9600	97	12	in	in	ADP
easat-9600	97	13	the	the	DET
easat-9600	97	14	company	company	NOUN
easat-9600	97	15	's	's	PART
easat-9600	97	16	esg	esg	NOUN
easat-9600	97	17	claims	claim	NOUN
easat-9600	97	18	and	and	CCONJ
easat-9600	97	19	financial	financial	ADJ
easat-9600	97	20	practices	practice	NOUN
easat-9600	97	21	.	.	PUNCT
easat-9600	98	1	audit	audit	NOUN
easat-9600	98	2	quality	quality	NOUN
easat-9600	98	3	,	,	PUNCT
easat-9600	98	4	in	in	ADP
easat-9600	98	5	this	this	DET
easat-9600	98	6	research	research	NOUN
easat-9600	98	7	is	be	AUX
easat-9600	98	8	considered	consider	VERB
easat-9600	98	9	a	a	DET
easat-9600	98	10	function	function	NOUN
easat-9600	98	11	of	of	ADP
easat-9600	98	12	auditor	auditor	NOUN
easat-9600	98	13	competence	competence	NOUN
easat-9600	98	14	and	and	CCONJ
easat-9600	98	15	auditor	auditor	NOUN
easat-9600	98	16	independence	independence	NOUN
easat-9600	98	17	.	.	PUNCT
easat-9600	99	1	2.6	2.6	NUM
easat-9600	99	2	.	.	PUNCT
easat-9600	99	3	research	research	NOUN
easat-9600	99	4	framework	framework	NOUN
easat-9600	99	5	figure	figure	NOUN
easat-9600	99	6	1	1	NUM
easat-9600	99	7	.	.	PUNCT
easat-9600	99	8	research	research	NOUN
easat-9600	99	9	framework	framework	NOUN
easat-9600	99	10	.	.	PUNCT
easat-9600	100	1	from	from	ADP
easat-9600	100	2	the	the	DET
easat-9600	100	3	research	research	NOUN
easat-9600	100	4	framework	framework	NOUN
easat-9600	100	5	that	that	PRON
easat-9600	100	6	has	have	AUX
easat-9600	100	7	been	be	AUX
easat-9600	100	8	built	build	VERB
easat-9600	100	9	,	,	PUNCT
easat-9600	100	10	there	there	PRON
easat-9600	100	11	are	be	VERB
easat-9600	100	12	research	research	NOUN
easat-9600	100	13	achievements	achievement	NOUN
easat-9600	100	14	that	that	PRON
easat-9600	100	15	are	be	AUX
easat-9600	100	16	expected	expect	VERB
easat-9600	100	17	to	to	PART
easat-9600	100	18	be	be	AUX
easat-9600	100	19	well	well	ADV
easat-9600	100	20	explored	explore	VERB
easat-9600	100	21	through	through	ADP
easat-9600	100	22	the	the	DET
easat-9600	100	23	following	follow	VERB
easat-9600	100	24	hypothesis	hypothesis	NOUN
easat-9600	100	25	approach	approach	NOUN
easat-9600	100	26	:	:	PUNCT
easat-9600	100	27	institutional	institutional	ADJ
easat-9600	100	28	ownership	ownership	NOUN
easat-9600	100	29	refers	refer	VERB
easat-9600	100	30	to	to	ADP
easat-9600	100	31	the	the	DET
easat-9600	100	32	ownership	ownership	NOUN
easat-9600	100	33	of	of	ADP
easat-9600	100	34	a	a	DET
easat-9600	100	35	company	company	NOUN
easat-9600	100	36	shares	share	NOUN
easat-9600	100	37	by	by	ADP
easat-9600	100	38	institutional	institutional	ADJ
easat-9600	100	39	investors	investor	NOUN
easat-9600	100	40	such	such	ADJ
easat-9600	100	41	as	as	ADP
easat-9600	100	42	pension	pension	NOUN
easat-9600	100	43	funds	fund	NOUN
easat-9600	100	44	,	,	PUNCT
easat-9600	100	45	mutual	mutual	ADJ
easat-9600	100	46	funds	fund	NOUN
easat-9600	100	47	,	,	PUNCT
easat-9600	100	48	insurance	insurance	NOUN
easat-9600	100	49	companies	company	NOUN
easat-9600	100	50	,	,	PUNCT
easat-9600	100	51	and	and	CCONJ
easat-9600	100	52	other	other	ADJ
easat-9600	100	53	financial	financial	ADJ
easat-9600	100	54	entities	entity	NOUN
easat-9600	100	55	.	.	PUNCT
easat-9600	101	1	institutional	institutional	ADJ
easat-9600	101	2	investors	investor	NOUN
easat-9600	101	3	are	be	AUX
easat-9600	101	4	considered	consider	VERB
easat-9600	101	5	to	to	PART
easat-9600	101	6	have	have	VERB
easat-9600	101	7	a	a	DET
easat-9600	101	8	high	high	ADJ
easat-9600	101	9	capacity	capacity	NOUN
easat-9600	101	10	and	and	CCONJ
easat-9600	101	11	incentive	incentive	NOUN
easat-9600	101	12	to	to	ADP
easat-9600	101	13	monitoring	monitor	VERB
easat-9600	101	14	managerial	managerial	ADJ
easat-9600	101	15	behavior	behavior	NOUN
easat-9600	101	16	because	because	SCONJ
easat-9600	101	17	they	they	PRON
easat-9600	101	18	have	have	VERB
easat-9600	101	19	significant	significant	ADJ
easat-9600	101	20	ownership	ownership	NOUN
easat-9600	101	21	and	and	CCONJ
easat-9600	101	22	a	a	DET
easat-9600	101	23	long	long	ADJ
easat-9600	101	24	-	-	PUNCT
easat-9600	101	25	term	term	NOUN
easat-9600	101	26	investment	investment	NOUN
easat-9600	101	27	orientation	orientation	NOUN
easat-9600	101	28	[	[	X
easat-9600	101	29	25	25	NUM
easat-9600	101	30	]	]	PUNCT
easat-9600	101	31	.	.	PUNCT
easat-9600	102	1	corporate	corporate	ADJ
easat-9600	102	2	sustainability	sustainability	NOUN
easat-9600	102	3	is	be	AUX
easat-9600	102	4	a	a	DET
easat-9600	102	5	business	business	NOUN
easat-9600	102	6	strategy	strategy	NOUN
easat-9600	102	7	that	that	PRON
easat-9600	102	8	integrates	integrate	VERB
easat-9600	102	9	environmental	environmental	ADJ
easat-9600	102	10	,	,	PUNCT
easat-9600	102	11	social	social	ADJ
easat-9600	102	12	,	,	PUNCT
easat-9600	102	13	and	and	CCONJ
easat-9600	102	14	governance	governance	NOUN
easat-9600	102	15	(	(	PUNCT
easat-9600	102	16	esg	esg	PROPN
easat-9600	102	17	)	)	PUNCT
easat-9600	102	18	considerations	consideration	NOUN
easat-9600	102	19	into	into	ADP
easat-9600	102	20	a	a	DET
easat-9600	102	21	company	company	NOUN
easat-9600	102	22	operational	operational	ADJ
easat-9600	102	23	activity	activity	NOUN
easat-9600	102	24	to	to	PART
easat-9600	102	25	create	create	VERB
easat-9600	102	26	long	long	ADJ
easat-9600	102	27	-	-	PUNCT
easat-9600	102	28	term	term	NOUN
easat-9600	102	29	value	value	NOUN
easat-9600	102	30	[	[	X
easat-9600	102	31	26	26	NUM
easat-9600	102	32	]	]	PUNCT
easat-9600	102	33	.	.	PUNCT
easat-9600	103	1	from	from	ADP
easat-9600	103	2	the	the	DET
easat-9600	103	3	perspective	perspective	NOUN
easat-9600	103	4	of	of	ADP
easat-9600	103	5	signaling	signal	VERB
easat-9600	103	6	theory	theory	NOUN
easat-9600	103	7	[	[	X
easat-9600	103	8	16	16	NUM
easat-9600	103	9	]	]	X
easat-9600	103	10	a	a	DET
easat-9600	103	11	commitment	commitment	NOUN
easat-9600	103	12	to	to	ADP
easat-9600	103	13	sustainability	sustainability	NOUN
easat-9600	103	14	can	can	AUX
easat-9600	103	15	serve	serve	VERB
easat-9600	103	16	as	as	ADP
easat-9600	103	17	a	a	DET
easat-9600	103	18	positive	positive	ADJ
easat-9600	103	19	signal	signal	NOUN
easat-9600	103	20	to	to	ADP
easat-9600	103	21	investors	investor	NOUN
easat-9600	103	22	that	that	SCONJ
easat-9600	103	23	the	the	DET
easat-9600	103	24	company	company	NOUN
easat-9600	103	25	has	have	AUX
easat-9600	103	26	reliable	reliable	ADJ
easat-9600	103	27	,	,	PUNCT
easat-9600	103	28	responsible	responsible	ADJ
easat-9600	103	29	management	management	NOUN
easat-9600	103	30	and	and	CCONJ
easat-9600	103	31	capable	capable	ADJ
easat-9600	103	32	to	to	PART
easat-9600	103	33	manage	manage	VERB
easat-9600	103	34	effectively	effectively	ADV
easat-9600	103	35	of	of	ADP
easat-9600	103	36	the	the	DET
easat-9600	103	37	long	long	ADJ
easat-9600	103	38	-	-	PUNCT
easat-9600	103	39	term	term	NOUN
easat-9600	103	40	risks	risk	NOUN
easat-9600	103	41	.	.	PUNCT
easat-9600	104	1	the	the	DET
easat-9600	104	2	role	role	NOUN
easat-9600	104	3	of	of	ADP
easat-9600	104	4	corporate	corporate	ADJ
easat-9600	104	5	sustainability	sustainability	NOUN
easat-9600	104	6	as	as	ADP
easat-9600	104	7	a	a	DET
easat-9600	104	8	mediator	mediator	NOUN
easat-9600	104	9	reflects	reflect	VERB
easat-9600	104	10	that	that	SCONJ
easat-9600	104	11	the	the	DET
easat-9600	104	12	influence	influence	NOUN
easat-9600	104	13	of	of	ADP
easat-9600	104	14	ownership	ownership	NOUN
easat-9600	104	15	on	on	ADP
easat-9600	104	16	firm	firm	ADJ
easat-9600	104	17	value	value	NOUN
easat-9600	104	18	does	do	AUX
easat-9600	104	19	not	not	PART
easat-9600	104	20	occur	occur	VERB
easat-9600	104	21	directly	directly	ADV
easat-9600	104	22	,	,	PUNCT
easat-9600	104	23	but	but	CCONJ
easat-9600	104	24	rather	rather	ADV
easat-9600	104	25	through	through	ADP
easat-9600	104	26	the	the	DET
easat-9600	104	27	impact	impact	NOUN
easat-9600	104	28	on	on	ADP
easat-9600	104	29	sustainability	sustainability	NOUN
easat-9600	104	30	practices	practice	NOUN
easat-9600	104	31	.	.	PUNCT
easat-9600	105	1	institutional	institutional	ADJ
easat-9600	105	2	investors	investor	NOUN
easat-9600	105	3	encourage	encourage	VERB
easat-9600	105	4	management	management	NOUN
easat-9600	105	5	to	to	PART
easat-9600	105	6	adopt	adopt	VERB
easat-9600	105	7	sustainability	sustainability	NOUN
easat-9600	105	8	practices	practice	NOUN
easat-9600	105	9	as	as	ADP
easat-9600	105	10	part	part	NOUN
easat-9600	105	11	of	of	ADP
easat-9600	105	12	the	the	DET
easat-9600	105	13	company	company	NOUN
easat-9600	105	14	strategies	strategy	NOUN
easat-9600	105	15	and	and	CCONJ
easat-9600	105	16	this	this	DET
easat-9600	105	17	commitment	commitment	NOUN
easat-9600	105	18	sends	send	VERB
easat-9600	105	19	positive	positive	ADJ
easat-9600	105	20	signals	signal	NOUN
easat-9600	105	21	to	to	ADP
easat-9600	105	22	the	the	DET
easat-9600	105	23	market	market	NOUN
easat-9600	105	24	that	that	PRON
easat-9600	105	25	ultimately	ultimately	ADV
easat-9600	105	26	leads	lead	VERB
easat-9600	105	27	to	to	ADP
easat-9600	105	28	an	an	DET
easat-9600	105	29	increase	increase	NOUN
easat-9600	105	30	in	in	ADP
easat-9600	105	31	firm	firm	ADJ
easat-9600	105	32	value	value	NOUN
easat-9600	105	33	.	.	PUNCT
easat-9600	106	1	signaling	signal	VERB
easat-9600	106	2	theory	theory	NOUN
easat-9600	106	3	also	also	ADV
easat-9600	106	4	supports	support	VERB
easat-9600	106	5	that	that	SCONJ
easat-9600	106	6	sustainability	sustainability	NOUN
easat-9600	106	7	acts	act	VERB
easat-9600	106	8	as	as	ADP
easat-9600	106	9	a	a	DET
easat-9600	106	10	signal	signal	NOUN
easat-9600	106	11	that	that	PRON
easat-9600	106	12	can	can	AUX
easat-9600	106	13	enhance	enhance	VERB
easat-9600	106	14	investors	investor	NOUN
easat-9600	106	15	perception	perception	NOUN
easat-9600	106	16	of	of	ADP
easat-9600	106	17	the	the	DET
easat-9600	106	18	company	company	NOUN
easat-9600	106	19	.	.	PUNCT
easat-9600	107	1	however	however	ADV
easat-9600	107	2	,	,	PUNCT
easat-9600	107	3	this	this	DET
easat-9600	107	4	signal	signal	NOUN
easat-9600	107	5	will	will	AUX
easat-9600	107	6	only	only	ADV
easat-9600	107	7	be	be	AUX
easat-9600	107	8	effective	effective	ADJ
easat-9600	107	9	if	if	SCONJ
easat-9600	107	10	triggered	trigger	VERB
easat-9600	107	11	by	by	ADP
easat-9600	107	12	a	a	DET
easat-9600	107	13	strong	strong	ADJ
easat-9600	107	14	governance	governance	NOUN
easat-9600	107	15	structure	structure	NOUN
easat-9600	107	16	,	,	PUNCT
easat-9600	107	17	such	such	ADJ
easat-9600	107	18	as	as	ADP
easat-9600	107	19	institutional	institutional	ADJ
easat-9600	107	20	ownership	ownership	NOUN
easat-9600	107	21	.	.	PUNCT
easat-9600	108	1	the	the	DET
easat-9600	108	2	capital	capital	NOUN
easat-9600	108	3	market	market	NOUN
easat-9600	108	4	responds	respond	VERB
easat-9600	108	5	positively	positively	ADV
easat-9600	108	6	to	to	ADP
easat-9600	108	7	sustainability	sustainability	NOUN
easat-9600	108	8	signals	signal	NOUN
easat-9600	108	9	as	as	SCONJ
easat-9600	108	10	they	they	PRON
easat-9600	108	11	are	be	AUX
easat-9600	108	12	seen	see	VERB
easat-9600	108	13	to	to	PART
easat-9600	108	14	reflect	reflect	VERB
easat-9600	108	15	risk	risk	NOUN
easat-9600	108	16	management	management	NOUN
easat-9600	108	17	,	,	PUNCT
easat-9600	108	18	efficiency	efficiency	NOUN
easat-9600	108	19	,	,	PUNCT
easat-9600	108	20	and	and	CCONJ
easat-9600	108	21	a	a	DET
easat-9600	108	22	good	good	ADJ
easat-9600	108	23	reputation	reputation	NOUN
easat-9600	108	24	.	.	PUNCT
easat-9600	109	1	several	several	ADJ
easat-9600	109	2	studies	study	NOUN
easat-9600	109	3	found	find	VERB
easat-9600	109	4	that	that	SCONJ
easat-9600	109	5	companies	company	NOUN
easat-9600	109	6	that	that	PRON
easat-9600	109	7	consistently	consistently	ADV
easat-9600	109	8	implement	implement	VERB
easat-9600	109	9	sustainability	sustainability	NOUN
easat-9600	109	10	practices	practice	NOUN
easat-9600	109	11	have	have	VERB
easat-9600	109	12	higher	high	ADJ
easat-9600	109	13	market	market	NOUN
easat-9600	109	14	values	value	NOUN
easat-9600	109	15	and	and	CCONJ
easat-9600	109	16	better	well	ADJ
easat-9600	109	17	financial	financial	ADJ
easat-9600	109	18	performance	performance	NOUN
easat-9600	109	19	compared	compare	VERB
easat-9600	109	20	to	to	ADP
easat-9600	109	21	companies	company	NOUN
easat-9600	109	22	that	that	PRON
easat-9600	109	23	do	do	AUX
easat-9600	109	24	not	not	PART
easat-9600	109	25	engage	engage	VERB
easat-9600	109	26	in	in	ADP
easat-9600	109	27	similar	similar	ADJ
easat-9600	109	28	practices	practice	NOUN
easat-9600	109	29	[	[	X
easat-9600	109	30	27	27	NUM
easat-9600	109	31	]	]	PUNCT
easat-9600	109	32	.	.	PUNCT
easat-9600	110	1	h1	h1	PROPN
easat-9600	110	2	:	:	PUNCT
easat-9600	110	3	institutional	institutional	ADJ
easat-9600	110	4	ownership	ownership	NOUN
easat-9600	110	5	has	have	VERB
easat-9600	110	6	a	a	DET
easat-9600	110	7	positive	positive	ADJ
easat-9600	110	8	effect	effect	NOUN
easat-9600	110	9	on	on	ADP
easat-9600	110	10	corporate	corporate	ADJ
easat-9600	110	11	sustainability	sustainability	NOUN
easat-9600	110	12	.	.	PUNCT
easat-9600	111	1	h2	h2	NOUN
easat-9600	111	2	:	:	PUNCT
easat-9600	111	3	corporate	corporate	ADJ
easat-9600	111	4	sustainability	sustainability	NOUN
easat-9600	111	5	has	have	VERB
easat-9600	111	6	a	a	DET
easat-9600	111	7	positive	positive	ADJ
easat-9600	111	8	effect	effect	NOUN
easat-9600	111	9	on	on	ADP
easat-9600	111	10	firm	firm	ADJ
easat-9600	111	11	value	value	NOUN
easat-9600	111	12	.	.	PUNCT
easat-9600	112	1	h3	h3	NOUN
easat-9600	112	2	:	:	PUNCT
easat-9600	112	3	corporate	corporate	ADJ
easat-9600	112	4	sustainability	sustainability	NOUN
easat-9600	112	5	mediates	mediate	VERB
easat-9600	112	6	the	the	DET
easat-9600	112	7	effect	effect	NOUN
easat-9600	112	8	of	of	ADP
easat-9600	112	9	institutional	institutional	ADJ
easat-9600	112	10	ownership	ownership	NOUN
easat-9600	112	11	on	on	ADP
easat-9600	112	12	firm	firm	ADJ
easat-9600	112	13	value	value	NOUN
easat-9600	112	14	.	.	PUNCT
easat-9600	113	1	company	company	NOUN
easat-9600	113	2	commits	commit	VERB
easat-9600	113	3	to	to	ADP
easat-9600	113	4	sustainability	sustainability	NOUN
easat-9600	113	5	such	such	ADJ
easat-9600	113	6	as	as	ADP
easat-9600	113	7	managing	manage	VERB
easat-9600	113	8	environmental	environmental	ADJ
easat-9600	113	9	impact	impact	NOUN
easat-9600	113	10	,	,	PUNCT
easat-9600	113	11	engaging	engage	VERB
easat-9600	113	12	in	in	ADP
easat-9600	113	13	social	social	ADJ
easat-9600	113	14	responsibility	responsibility	NOUN
easat-9600	113	15	and	and	CCONJ
easat-9600	113	16	practicing	practice	VERB
easat-9600	113	17	corporate	corporate	ADJ
easat-9600	113	18	governance	governance	NOUN
easat-9600	113	19	.	.	PUNCT
easat-9600	114	1	these	these	DET
easat-9600	114	2	actions	action	NOUN
easat-9600	114	3	also	also	ADV
easat-9600	114	4	serve	serve	VERB
easat-9600	114	5	as	as	ADP
easat-9600	114	6	positive	positive	ADJ
easat-9600	114	7	signals	signal	NOUN
easat-9600	114	8	to	to	ADP
easat-9600	114	9	investors	investor	NOUN
easat-9600	114	10	and	and	CCONJ
easat-9600	114	11	the	the	DET
easat-9600	114	12	public	public	NOUN
easat-9600	114	13	reflecting	reflect	VERB
easat-9600	114	14	the	the	DET
easat-9600	114	15	company	company	NOUN
easat-9600	114	16	’s	’s	PART
easat-9600	114	17	long	long	ADJ
easat-9600	114	18	-	-	PUNCT
easat-9600	114	19	term	term	NOUN
easat-9600	114	20	vision	vision	NOUN
easat-9600	114	21	and	and	CCONJ
easat-9600	114	22	approach	approach	NOUN
easat-9600	114	23	to	to	ADP
easat-9600	114	24	managing	manage	VERB
easat-9600	114	25	nonfinancial	nonfinancial	ADJ
easat-9600	114	26	risks	risk	NOUN
easat-9600	114	27	.	.	PUNCT
easat-9600	115	1	however	however	ADV
easat-9600	115	2	,	,	PUNCT
easat-9600	115	3	the	the	DET
easat-9600	115	4	sustainability	sustainability	NOUN
easat-9600	115	5	reporting	reporting	NOUN
easat-9600	115	6	becomes	become	VERB
easat-9600	115	7	more	more	ADV
easat-9600	115	8	common	common	ADJ
easat-9600	115	9	,	,	PUNCT
easat-9600	115	10	the	the	DET
easat-9600	115	11	market	market	NOUN
easat-9600	115	12	has	have	AUX
easat-9600	115	13	become	become	VERB
easat-9600	115	14	1347	1347	NUM
easat-9600	115	15	edelweiss	edelweiss	PROPN
easat-9600	115	16	applied	apply	VERB
easat-9600	115	17	science	science	NOUN
easat-9600	115	18	and	and	CCONJ
easat-9600	115	19	technology	technology	NOUN
easat-9600	115	20	issn	issn	PROPN
easat-9600	115	21	:	:	PUNCT
easat-9600	115	22	2576	2576	NUM
easat-9600	115	23	-	-	SYM
easat-9600	115	24	8484	8484	NUM
easat-9600	115	25	vol	vol	NOUN
easat-9600	115	26	.	.	PROPN
easat-9600	116	1	9	9	NUM
easat-9600	116	2	,	,	PUNCT
easat-9600	116	3	no	no	INTJ
easat-9600	116	4	.	.	NOUN
easat-9600	116	5	8	8	NUM
easat-9600	116	6	:	:	SYM
easat-9600	116	7	1343	1343	NUM
easat-9600	116	8	-	-	SYM
easat-9600	116	9	1353	1353	NUM
easat-9600	116	10	,	,	PUNCT
easat-9600	116	11	2025	2025	NUM
easat-9600	116	12	doi	doi	NOUN
easat-9600	116	13	:	:	PUNCT
easat-9600	116	14	10.55214/2576	10.55214/2576	NUM
easat-9600	116	15	-	-	SYM
easat-9600	116	16	8484.v9i8.9600	8484.v9i8.9600	NUM
easat-9600	116	17	©	©	PROPN
easat-9600	116	18	2025	2025	NUM
easat-9600	116	19	by	by	ADP
easat-9600	116	20	the	the	DET
easat-9600	116	21	authors	author	NOUN
easat-9600	116	22	;	;	PUNCT
easat-9600	116	23	licensee	licensee	PROPN
easat-9600	116	24	learning	learning	NOUN
easat-9600	116	25	gate	gate	NOUN
easat-9600	116	26	increasingly	increasingly	ADV
easat-9600	116	27	aware	aware	ADJ
easat-9600	116	28	that	that	SCONJ
easat-9600	116	29	not	not	PART
easat-9600	116	30	all	all	DET
easat-9600	116	31	signal	signal	NOUN
easat-9600	116	32	gives	give	VERB
easat-9600	116	33	the	the	DET
easat-9600	116	34	truth	truth	NOUN
easat-9600	116	35	.	.	PUNCT
easat-9600	117	1	some	some	DET
easat-9600	117	2	companies	company	NOUN
easat-9600	117	3	may	may	AUX
easat-9600	117	4	use	use	VERB
easat-9600	117	5	sustainability	sustainability	NOUN
easat-9600	117	6	disclosure	disclosure	NOUN
easat-9600	117	7	as	as	ADP
easat-9600	117	8	a	a	DET
easat-9600	117	9	form	form	NOUN
easat-9600	117	10	of	of	ADP
easat-9600	117	11	window	window	NOUN
easat-9600	117	12	dressing	dressing	NOUN
easat-9600	117	13	or	or	CCONJ
easat-9600	117	14	greenwashing	greenwashing	NOUN
easat-9600	117	15	,	,	PUNCT
easat-9600	117	16	where	where	SCONJ
easat-9600	117	17	the	the	DET
easat-9600	117	18	intent	intent	NOUN
easat-9600	117	19	is	be	AUX
easat-9600	117	20	more	more	ADJ
easat-9600	117	21	about	about	ADP
easat-9600	117	22	image	image	NOUN
easat-9600	117	23	than	than	ADP
easat-9600	117	24	genuine	genuine	ADJ
easat-9600	117	25	impact	impact	NOUN
easat-9600	117	26	.	.	PUNCT
easat-9600	118	1	this	this	PRON
easat-9600	118	2	is	be	AUX
easat-9600	118	3	where	where	SCONJ
easat-9600	118	4	audit	audit	NOUN
easat-9600	118	5	quality	quality	NOUN
easat-9600	118	6	has	have	VERB
easat-9600	118	7	a	a	DET
easat-9600	118	8	critical	critical	ADJ
easat-9600	118	9	role	role	NOUN
easat-9600	118	10	.	.	PUNCT
easat-9600	119	1	high	high	ADJ
easat-9600	119	2	-	-	PUNCT
easat-9600	119	3	quality	quality	NOUN
easat-9600	119	4	audits	audits	NOUN
easat-9600	119	5	conducted	conduct	VERB
easat-9600	119	6	by	by	ADP
easat-9600	119	7	reputable	reputable	ADJ
easat-9600	119	8	,	,	PUNCT
easat-9600	119	9	independent	independent	ADJ
easat-9600	119	10	and	and	CCONJ
easat-9600	119	11	professional	professional	ADJ
easat-9600	119	12	auditors	auditor	NOUN
easat-9600	119	13	help	help	VERB
easat-9600	119	14	ensure	ensure	VERB
easat-9600	119	15	financial	financial	ADJ
easat-9600	119	16	and	and	CCONJ
easat-9600	119	17	non	non	ADJ
easat-9600	119	18	-	-	ADJ
easat-9600	119	19	financial	financial	ADJ
easat-9600	119	20	disclosures	disclosure	NOUN
easat-9600	119	21	are	be	AUX
easat-9600	119	22	accurate	accurate	ADJ
easat-9600	119	23	and	and	CCONJ
easat-9600	119	24	reliable	reliable	ADJ
easat-9600	119	25	.	.	PUNCT
easat-9600	120	1	when	when	SCONJ
easat-9600	120	2	a	a	DET
easat-9600	120	3	company	company	NOUN
easat-9600	120	4	’s	’s	PART
easat-9600	120	5	sustainability	sustainability	NOUN
easat-9600	120	6	efforts	effort	NOUN
easat-9600	120	7	are	be	AUX
easat-9600	120	8	backed	back	VERB
easat-9600	120	9	by	by	ADP
easat-9600	120	10	credible	credible	ADJ
easat-9600	120	11	audit	audit	NOUN
easat-9600	120	12	assurance	assurance	NOUN
easat-9600	120	13	,	,	PUNCT
easat-9600	120	14	the	the	DET
easat-9600	120	15	market	market	NOUN
easat-9600	120	16	believe	believe	VERB
easat-9600	120	17	that	that	SCONJ
easat-9600	120	18	the	the	DET
easat-9600	120	19	signal	signal	NOUN
easat-9600	120	20	is	be	AUX
easat-9600	120	21	real	real	ADJ
easat-9600	120	22	not	not	PART
easat-9600	120	23	only	only	ADV
easat-9600	120	24	performative	performative	ADJ
easat-9600	120	25	.	.	PUNCT
easat-9600	121	1	according	accord	VERB
easat-9600	121	2	to	to	ADP
easat-9600	121	3	signaling	signal	VERB
easat-9600	121	4	theory	theory	NOUN
easat-9600	121	5	spence	spence	NOUN
easat-9600	122	1	[	[	X
easat-9600	122	2	16	16	NUM
easat-9600	122	3	]	]	PUNCT
easat-9600	122	4	suggests	suggest	VERB
easat-9600	122	5	that	that	SCONJ
easat-9600	122	6	the	the	DET
easat-9600	122	7	value	value	NOUN
easat-9600	122	8	of	of	ADP
easat-9600	122	9	signaling	signal	VERB
easat-9600	122	10	depends	depend	VERB
easat-9600	122	11	on	on	ADP
easat-9600	122	12	credibility	credibility	NOUN
easat-9600	122	13	.	.	PUNCT
easat-9600	123	1	if	if	SCONJ
easat-9600	123	2	sustainability	sustainability	NOUN
easat-9600	123	3	disclosures	disclosure	NOUN
easat-9600	123	4	are	be	AUX
easat-9600	123	5	accompanied	accompany	VERB
easat-9600	123	6	by	by	ADP
easat-9600	123	7	high	high	ADJ
easat-9600	123	8	audit	audit	NOUN
easat-9600	123	9	quality	quality	NOUN
easat-9600	123	10	,	,	PUNCT
easat-9600	123	11	the	the	DET
easat-9600	123	12	signal	signal	NOUN
easat-9600	123	13	becomes	become	VERB
easat-9600	123	14	stronger	strong	ADJ
easat-9600	123	15	and	and	CCONJ
easat-9600	123	16	more	more	ADV
easat-9600	123	17	convincing	convincing	ADJ
easat-9600	123	18	,	,	PUNCT
easat-9600	123	19	increasing	increase	VERB
easat-9600	123	20	investor	investor	NOUN
easat-9600	123	21	confidence	confidence	NOUN
easat-9600	123	22	and	and	CCONJ
easat-9600	123	23	enhancing	enhance	VERB
easat-9600	123	24	firm	firm	ADJ
easat-9600	123	25	value	value	NOUN
easat-9600	123	26	.	.	PUNCT
easat-9600	124	1	on	on	ADP
easat-9600	124	2	the	the	DET
easat-9600	124	3	other	other	ADJ
easat-9600	124	4	hand	hand	NOUN
easat-9600	124	5	,	,	PUNCT
easat-9600	124	6	when	when	SCONJ
easat-9600	124	7	audit	audit	NOUN
easat-9600	124	8	quality	quality	NOUN
easat-9600	124	9	is	be	AUX
easat-9600	124	10	low	low	ADJ
easat-9600	124	11	,	,	PUNCT
easat-9600	124	12	the	the	DET
easat-9600	124	13	sustainability	sustainability	NOUN
easat-9600	124	14	signals	signal	NOUN
easat-9600	124	15	may	may	AUX
easat-9600	124	16	lose	lose	VERB
easat-9600	124	17	their	their	PRON
easat-9600	124	18	strength	strength	NOUN
easat-9600	124	19	.	.	PUNCT
easat-9600	125	1	investors	investor	NOUN
easat-9600	125	2	might	might	AUX
easat-9600	125	3	doubt	doubt	VERB
easat-9600	125	4	the	the	DET
easat-9600	125	5	integrity	integrity	NOUN
easat-9600	125	6	of	of	ADP
easat-9600	125	7	the	the	DET
easat-9600	125	8	information	information	NOUN
easat-9600	125	9	and	and	CCONJ
easat-9600	125	10	the	the	DET
easat-9600	125	11	potential	potential	ADJ
easat-9600	125	12	positive	positive	ADJ
easat-9600	125	13	impact	impact	NOUN
easat-9600	125	14	of	of	ADP
easat-9600	125	15	sustainability	sustainability	NOUN
easat-9600	125	16	on	on	ADP
easat-9600	125	17	firm	firm	ADJ
easat-9600	125	18	value	value	NOUN
easat-9600	125	19	could	could	AUX
easat-9600	125	20	diminish	diminish	VERB
easat-9600	125	21	or	or	CCONJ
easat-9600	125	22	disappear	disappear	VERB
easat-9600	125	23	entirely	entirely	ADV
easat-9600	125	24	.	.	PUNCT
easat-9600	126	1	therefore	therefore	ADV
easat-9600	126	2	,	,	PUNCT
easat-9600	126	3	it	it	PRON
easat-9600	126	4	is	be	AUX
easat-9600	126	5	reasonable	reasonable	ADJ
easat-9600	126	6	to	to	PART
easat-9600	126	7	expect	expect	VERB
easat-9600	126	8	that	that	PRON
easat-9600	126	9	audit	audit	NOUN
easat-9600	126	10	quality	quality	NOUN
easat-9600	126	11	moderates	moderate	NOUN
easat-9600	126	12	the	the	DET
easat-9600	126	13	relationship	relationship	NOUN
easat-9600	126	14	between	between	ADP
easat-9600	126	15	corporate	corporate	ADJ
easat-9600	126	16	sustainability	sustainability	NOUN
easat-9600	126	17	and	and	CCONJ
easat-9600	126	18	firm	firm	ADJ
easat-9600	126	19	value	value	NOUN
easat-9600	126	20	.	.	PUNCT
easat-9600	127	1	in	in	ADP
easat-9600	127	2	firms	firm	NOUN
easat-9600	127	3	with	with	ADP
easat-9600	127	4	high	high	ADJ
easat-9600	127	5	audit	audit	NOUN
easat-9600	127	6	quality	quality	NOUN
easat-9600	127	7	,	,	PUNCT
easat-9600	127	8	sustainability	sustainability	NOUN
easat-9600	127	9	practices	practice	NOUN
easat-9600	127	10	are	be	AUX
easat-9600	127	11	more	more	ADV
easat-9600	127	12	likely	likely	ADJ
easat-9600	127	13	to	to	PART
easat-9600	127	14	be	be	AUX
easat-9600	127	15	rewarded	reward	VERB
easat-9600	127	16	by	by	ADP
easat-9600	127	17	the	the	DET
easat-9600	127	18	market	market	NOUN
easat-9600	127	19	.	.	PUNCT
easat-9600	128	1	in	in	ADP
easat-9600	128	2	firms	firm	NOUN
easat-9600	128	3	with	with	ADP
easat-9600	128	4	poor	poor	ADJ
easat-9600	128	5	audit	audit	NOUN
easat-9600	128	6	quality	quality	NOUN
easat-9600	128	7	,	,	PUNCT
easat-9600	128	8	even	even	ADV
easat-9600	128	9	genuine	genuine	ADJ
easat-9600	128	10	sustainability	sustainability	NOUN
easat-9600	128	11	efforts	effort	NOUN
easat-9600	128	12	may	may	AUX
easat-9600	128	13	fail	fail	VERB
easat-9600	128	14	to	to	PART
easat-9600	128	15	generate	generate	VERB
easat-9600	128	16	investor	investor	NOUN
easat-9600	128	17	trust	trust	NOUN
easat-9600	128	18	and	and	CCONJ
easat-9600	128	19	increased	increase	VERB
easat-9600	128	20	firm	firm	ADJ
easat-9600	128	21	value	value	NOUN
easat-9600	128	22	.	.	PUNCT
easat-9600	129	1	h4	h4	NOUN
easat-9600	129	2	:	:	PUNCT
easat-9600	129	3	audit	audit	NOUN
easat-9600	129	4	quality	quality	NOUN
easat-9600	129	5	moderates	moderate	VERB
easat-9600	129	6	the	the	DET
easat-9600	129	7	relationship	relationship	NOUN
easat-9600	129	8	between	between	ADP
easat-9600	129	9	corporate	corporate	ADJ
easat-9600	129	10	sustainability	sustainability	NOUN
easat-9600	129	11	and	and	CCONJ
easat-9600	129	12	firm	firm	ADJ
easat-9600	129	13	value	value	NOUN
easat-9600	129	14	.	.	PUNCT
easat-9600	130	1	the	the	DET
easat-9600	130	2	corporate	corporate	ADJ
easat-9600	130	3	sustainability	sustainability	NOUN
easat-9600	130	4	mediates	mediate	VERB
easat-9600	130	5	the	the	DET
easat-9600	130	6	relationship	relationship	NOUN
easat-9600	130	7	between	between	ADP
easat-9600	130	8	institutional	institutional	ADJ
easat-9600	130	9	ownership	ownership	NOUN
easat-9600	130	10	and	and	CCONJ
easat-9600	130	11	firm	firm	ADJ
easat-9600	130	12	value	value	NOUN
easat-9600	130	13	is	be	AUX
easat-9600	130	14	well	well	ADV
easat-9600	130	15	-	-	PUNCT
easat-9600	130	16	supported	support	VERB
easat-9600	130	17	by	by	ADP
easat-9600	130	18	both	both	DET
easat-9600	130	19	theory	theory	NOUN
easat-9600	130	20	and	and	CCONJ
easat-9600	130	21	evidence	evidence	NOUN
easat-9600	130	22	.	.	PUNCT
easat-9600	131	1	institutional	institutional	ADJ
easat-9600	131	2	investors	investor	NOUN
easat-9600	131	3	especially	especially	ADV
easat-9600	131	4	those	those	PRON
easat-9600	131	5	with	with	ADP
easat-9600	131	6	longterm	longterm	ADJ
easat-9600	131	7	orientations	orientation	NOUN
easat-9600	131	8	are	be	AUX
easat-9600	131	9	known	know	VERB
easat-9600	131	10	to	to	PART
easat-9600	131	11	influence	influence	VERB
easat-9600	131	12	managerial	managerial	ADJ
easat-9600	131	13	behavior	behavior	NOUN
easat-9600	131	14	toward	toward	ADP
easat-9600	131	15	more	more	ADV
easat-9600	131	16	responsible	responsible	ADJ
easat-9600	131	17	and	and	CCONJ
easat-9600	131	18	sustainable	sustainable	ADJ
easat-9600	131	19	business	business	NOUN
easat-9600	131	20	.	.	PUNCT
easat-9600	132	1	these	these	DET
easat-9600	132	2	practices	practice	NOUN
easat-9600	132	3	send	send	VERB
easat-9600	132	4	positive	positive	ADJ
easat-9600	132	5	signals	signal	NOUN
easat-9600	132	6	to	to	ADP
easat-9600	132	7	the	the	DET
easat-9600	132	8	market	market	NOUN
easat-9600	132	9	,	,	PUNCT
easat-9600	132	10	reinforcing	reinforce	VERB
easat-9600	132	11	a	a	DET
easat-9600	132	12	company	company	NOUN
easat-9600	132	13	’s	’s	PART
easat-9600	132	14	legitimacy	legitimacy	NOUN
easat-9600	132	15	,	,	PUNCT
easat-9600	132	16	reputation	reputation	NOUN
easat-9600	132	17	and	and	CCONJ
easat-9600	132	18	risk	risk	NOUN
easat-9600	132	19	management	management	NOUN
easat-9600	132	20	capacity	capacity	NOUN
easat-9600	132	21	of	of	ADP
easat-9600	132	22	which	which	PRON
easat-9600	132	23	contribute	contribute	VERB
easat-9600	132	24	to	to	ADP
easat-9600	132	25	increased	increase	VERB
easat-9600	132	26	firm	firm	ADJ
easat-9600	132	27	value	value	NOUN
easat-9600	132	28	[	[	X
easat-9600	132	29	26	26	NUM
easat-9600	132	30	]	]	PUNCT
easat-9600	132	31	.	.	PUNCT
easat-9600	133	1	however	however	ADV
easat-9600	133	2	,	,	PUNCT
easat-9600	133	3	this	this	DET
easat-9600	133	4	indirect	indirect	ADJ
easat-9600	133	5	relationship	relationship	NOUN
easat-9600	133	6	may	may	AUX
easat-9600	133	7	not	not	PART
easat-9600	133	8	always	always	ADV
easat-9600	133	9	be	be	AUX
easat-9600	133	10	equally	equally	ADV
easat-9600	133	11	strong	strong	ADJ
easat-9600	133	12	across	across	ADP
easat-9600	133	13	all	all	DET
easat-9600	133	14	companies	company	NOUN
easat-9600	133	15	.	.	PUNCT
easat-9600	134	1	the	the	DET
easat-9600	134	2	key	key	ADJ
easat-9600	134	3	factor	factor	NOUN
easat-9600	134	4	that	that	PRON
easat-9600	134	5	could	could	AUX
easat-9600	134	6	affect	affect	VERB
easat-9600	134	7	the	the	DET
easat-9600	134	8	strength	strength	NOUN
easat-9600	134	9	of	of	ADP
easat-9600	134	10	this	this	DET
easat-9600	134	11	mediation	mediation	NOUN
easat-9600	134	12	is	be	AUX
easat-9600	134	13	audit	audit	NOUN
easat-9600	134	14	quality	quality	NOUN
easat-9600	134	15	.	.	PUNCT
easat-9600	135	1	according	accord	VERB
easat-9600	135	2	to	to	ADP
easat-9600	135	3	signaling	signal	VERB
easat-9600	135	4	theory	theory	NOUN
easat-9600	135	5	,	,	PUNCT
easat-9600	135	6	the	the	DET
easat-9600	135	7	credibility	credibility	NOUN
easat-9600	135	8	of	of	ADP
easat-9600	135	9	a	a	DET
easat-9600	135	10	signal	signal	NOUN
easat-9600	135	11	such	such	ADJ
easat-9600	135	12	as	as	ADP
easat-9600	135	13	sustainability	sustainability	NOUN
easat-9600	135	14	disclosure	disclosure	NOUN
easat-9600	135	15	depends	depend	VERB
easat-9600	135	16	not	not	PART
easat-9600	135	17	only	only	ADV
easat-9600	135	18	on	on	ADP
easat-9600	135	19	the	the	DET
easat-9600	135	20	signal	signal	NOUN
easat-9600	135	21	,	,	PUNCT
easat-9600	135	22	but	but	CCONJ
easat-9600	135	23	also	also	ADV
easat-9600	135	24	validate	validate	VERB
easat-9600	135	25	the	the	DET
easat-9600	135	26	mechanisms	mechanism	NOUN
easat-9600	135	27	.	.	PUNCT
easat-9600	136	1	high	high	ADJ
easat-9600	136	2	-	-	PUNCT
easat-9600	136	3	quality	quality	NOUN
easat-9600	136	4	audits	audits	NOUN
easat-9600	136	5	performed	perform	VERB
easat-9600	136	6	by	by	ADP
easat-9600	136	7	reputable	reputable	ADJ
easat-9600	136	8	and	and	CCONJ
easat-9600	136	9	independent	independent	ADJ
easat-9600	136	10	auditors	auditor	NOUN
easat-9600	136	11	serve	serve	VERB
easat-9600	136	12	precisely	precisely	ADV
easat-9600	136	13	provide	provide	VERB
easat-9600	136	14	assurance	assurance	NOUN
easat-9600	136	15	that	that	SCONJ
easat-9600	136	16	sustainability	sustainability	NOUN
easat-9600	136	17	practices	practice	NOUN
easat-9600	136	18	and	and	CCONJ
easat-9600	136	19	disclosures	disclosure	NOUN
easat-9600	136	20	are	be	AUX
easat-9600	136	21	trustworthy	trustworthy	ADJ
easat-9600	136	22	and	and	CCONJ
easat-9600	136	23	not	not	PART
easat-9600	136	24	just	just	ADV
easat-9600	136	25	symbolic	symbolic	ADJ
easat-9600	136	26	gestures	gesture	NOUN
easat-9600	136	27	.	.	PUNCT
easat-9600	137	1	the	the	DET
easat-9600	137	2	concept	concept	NOUN
easat-9600	137	3	of	of	ADP
easat-9600	137	4	moderated	moderated	ADJ
easat-9600	137	5	mediation	mediation	NOUN
easat-9600	137	6	becomes	become	VERB
easat-9600	137	7	relevant	relevant	ADJ
easat-9600	137	8	.	.	PUNCT
easat-9600	138	1	in	in	ADP
easat-9600	138	2	this	this	DET
easat-9600	138	3	research	research	NOUN
easat-9600	138	4	,	,	PUNCT
easat-9600	138	5	audit	audit	NOUN
easat-9600	138	6	quality	quality	NOUN
easat-9600	138	7	acts	act	NOUN
easat-9600	138	8	as	as	ADP
easat-9600	138	9	a	a	DET
easat-9600	138	10	moderator	moderator	NOUN
easat-9600	138	11	in	in	ADP
easat-9600	138	12	the	the	DET
easat-9600	138	13	second	second	ADJ
easat-9600	138	14	stage	stage	NOUN
easat-9600	138	15	of	of	ADP
easat-9600	138	16	the	the	DET
easat-9600	138	17	mediation	mediation	NOUN
easat-9600	138	18	pathway	pathway	NOUN
easat-9600	138	19	between	between	ADP
easat-9600	138	20	corporate	corporate	ADJ
easat-9600	138	21	sustainability	sustainability	NOUN
easat-9600	138	22	as	as	ADP
easat-9600	138	23	mediator	mediator	NOUN
easat-9600	138	24	and	and	CCONJ
easat-9600	138	25	firm	firm	ADJ
easat-9600	138	26	value	value	NOUN
easat-9600	138	27	.	.	PUNCT
easat-9600	139	1	if	if	SCONJ
easat-9600	139	2	the	the	DET
easat-9600	139	3	high	high	ADJ
easat-9600	139	4	quality	quality	NOUN
easat-9600	139	5	of	of	ADP
easat-9600	139	6	audit	audit	NOUN
easat-9600	139	7	,	,	PUNCT
easat-9600	139	8	the	the	DET
easat-9600	139	9	sustainability	sustainability	NOUN
easat-9600	139	10	signal	signal	NOUN
easat-9600	139	11	becomes	become	VERB
easat-9600	139	12	more	more	ADV
easat-9600	139	13	believable	believable	ADJ
easat-9600	139	14	,	,	PUNCT
easat-9600	139	15	thereby	thereby	ADV
easat-9600	139	16	strengthening	strengthen	VERB
easat-9600	139	17	the	the	DET
easat-9600	139	18	indirect	indirect	ADJ
easat-9600	139	19	effect	effect	NOUN
easat-9600	139	20	of	of	ADP
easat-9600	139	21	institutional	institutional	ADJ
easat-9600	139	22	ownership	ownership	NOUN
easat-9600	139	23	on	on	ADP
easat-9600	139	24	firm	firm	ADJ
easat-9600	139	25	value	value	NOUN
easat-9600	139	26	through	through	ADP
easat-9600	139	27	corporate	corporate	ADJ
easat-9600	139	28	sustainability	sustainability	NOUN
easat-9600	139	29	.	.	PUNCT
easat-9600	140	1	if	if	SCONJ
easat-9600	140	2	the	the	DET
easat-9600	140	3	audit	audit	NOUN
easat-9600	140	4	quality	quality	NOUN
easat-9600	140	5	is	be	AUX
easat-9600	140	6	low	low	ADJ
easat-9600	140	7	,	,	PUNCT
easat-9600	140	8	sustainability	sustainability	NOUN
easat-9600	140	9	initiative	initiative	NOUN
easat-9600	140	10	may	may	AUX
easat-9600	140	11	not	not	PART
easat-9600	140	12	be	be	AUX
easat-9600	140	13	interpreted	interpret	VERB
easat-9600	140	14	positively	positively	ADV
easat-9600	140	15	by	by	ADP
easat-9600	140	16	the	the	DET
easat-9600	140	17	market	market	NOUN
easat-9600	140	18	,	,	PUNCT
easat-9600	140	19	thereby	thereby	ADV
easat-9600	140	20	weakening	weaken	VERB
easat-9600	140	21	the	the	DET
easat-9600	140	22	mediation	mediation	NOUN
easat-9600	140	23	effect	effect	NOUN
easat-9600	140	24	.	.	PUNCT
easat-9600	141	1	hayes	hayes	PROPN
easat-9600	142	1	[	[	X
easat-9600	142	2	28	28	NUM
easat-9600	142	3	]	]	PUNCT
easat-9600	142	4	on	on	ADP
easat-9600	142	5	moderated	moderated	ADJ
easat-9600	142	6	mediation	mediation	NOUN
easat-9600	142	7	describes	describe	VERB
easat-9600	142	8	such	such	ADJ
easat-9600	142	9	situations	situation	NOUN
easat-9600	142	10	as	as	ADP
easat-9600	142	11	conditional	conditional	ADJ
easat-9600	142	12	indirect	indirect	ADJ
easat-9600	142	13	effects	effect	NOUN
easat-9600	142	14	where	where	SCONJ
easat-9600	142	15	the	the	DET
easat-9600	142	16	strength	strength	NOUN
easat-9600	142	17	of	of	ADP
easat-9600	142	18	a	a	DET
easat-9600	142	19	mediation	mediation	NOUN
easat-9600	142	20	pathway	pathway	NOUN
easat-9600	142	21	depends	depend	VERB
easat-9600	142	22	on	on	ADP
easat-9600	142	23	the	the	DET
easat-9600	142	24	level	level	NOUN
easat-9600	142	25	of	of	ADP
easat-9600	142	26	a	a	DET
easat-9600	142	27	moderator	moderator	NOUN
easat-9600	142	28	variable	variable	NOUN
easat-9600	142	29	.	.	PUNCT
easat-9600	143	1	in	in	ADP
easat-9600	143	2	this	this	DET
easat-9600	143	3	case	case	NOUN
easat-9600	143	4	,	,	PUNCT
easat-9600	143	5	the	the	DET
easat-9600	143	6	indirect	indirect	ADJ
easat-9600	143	7	effect	effect	NOUN
easat-9600	143	8	of	of	ADP
easat-9600	143	9	institutional	institutional	ADJ
easat-9600	143	10	ownership	ownership	NOUN
easat-9600	143	11	on	on	ADP
easat-9600	143	12	firm	firm	ADJ
easat-9600	143	13	value	value	NOUN
easat-9600	143	14	by	by	ADP
easat-9600	143	15	corporate	corporate	ADJ
easat-9600	143	16	sustainability	sustainability	NOUN
easat-9600	143	17	upon	upon	SCONJ
easat-9600	143	18	audit	audit	NOUN
easat-9600	143	19	quality	quality	NOUN
easat-9600	143	20	.	.	PUNCT
easat-9600	144	1	hummel	hummel	PROPN
easat-9600	144	2	and	and	CCONJ
easat-9600	144	3	schlick	schlick	PROPN
easat-9600	144	4	[	[	X
easat-9600	144	5	29	29	NUM
easat-9600	144	6	]	]	PUNCT
easat-9600	144	7	found	find	VERB
easat-9600	144	8	that	that	SCONJ
easat-9600	144	9	sustainability	sustainability	NOUN
easat-9600	144	10	disclosures	disclosure	NOUN
easat-9600	144	11	subject	subject	ADJ
easat-9600	144	12	to	to	ADP
easat-9600	144	13	independent	independent	ADJ
easat-9600	144	14	verification	verification	NOUN
easat-9600	144	15	have	have	VERB
easat-9600	144	16	a	a	DET
easat-9600	144	17	significantly	significantly	ADV
easat-9600	144	18	stronger	strong	ADJ
easat-9600	144	19	impact	impact	NOUN
easat-9600	144	20	on	on	ADP
easat-9600	144	21	stakeholder	stakeholder	NOUN
easat-9600	144	22	perceptions	perception	NOUN
easat-9600	144	23	.	.	PUNCT
easat-9600	145	1	similarly	similarly	ADV
easat-9600	145	2	,	,	PUNCT
easat-9600	145	3	garcía	garcía	ADJ
easat-9600	145	4	-	-	PUNCT
easat-9600	145	5	sánchez	sánchez	NOUN
easat-9600	145	6	,	,	PUNCT
easat-9600	145	7	et	et	PROPN
easat-9600	145	8	al	al	PROPN
easat-9600	145	9	.	.	PUNCT
easat-9600	146	1	[	[	X
easat-9600	146	2	30	30	NUM
easat-9600	146	3	]	]	PUNCT
easat-9600	146	4	demonstrate	demonstrate	VERB
easat-9600	146	5	that	that	SCONJ
easat-9600	146	6	external	external	ADJ
easat-9600	146	7	assurance	assurance	NOUN
easat-9600	146	8	especially	especially	ADV
easat-9600	146	9	from	from	ADP
easat-9600	146	10	high	high	ADJ
easat-9600	146	11	-	-	PUNCT
easat-9600	146	12	quality	quality	NOUN
easat-9600	146	13	auditors	auditor	NOUN
easat-9600	146	14	amplifies	amplify	VERB
easat-9600	146	15	the	the	DET
easat-9600	146	16	financial	financial	ADJ
easat-9600	146	17	value	value	NOUN
easat-9600	146	18	derived	derive	VERB
easat-9600	146	19	from	from	ADP
easat-9600	146	20	corporate	corporate	ADJ
easat-9600	146	21	sustainability	sustainability	NOUN
easat-9600	146	22	activities	activity	NOUN
easat-9600	146	23	.	.	PUNCT
easat-9600	147	1	h5	h5	PROPN
easat-9600	147	2	:	:	PUNCT
easat-9600	147	3	the	the	DET
easat-9600	147	4	indirect	indirect	ADJ
easat-9600	147	5	effect	effect	NOUN
easat-9600	147	6	of	of	ADP
easat-9600	147	7	institutional	institutional	ADJ
easat-9600	147	8	ownership	ownership	NOUN
easat-9600	147	9	on	on	ADP
easat-9600	147	10	firm	firm	ADJ
easat-9600	147	11	value	value	NOUN
easat-9600	147	12	through	through	ADP
easat-9600	147	13	corporate	corporate	ADJ
easat-9600	147	14	sustainability	sustainability	NOUN
easat-9600	147	15	is	be	AUX
easat-9600	147	16	moderated	moderate	VERB
easat-9600	147	17	by	by	ADP
easat-9600	147	18	audit	audit	NOUN
easat-9600	147	19	quality	quality	NOUN
easat-9600	147	20	(	(	PUNCT
easat-9600	147	21	moderated	moderated	ADJ
easat-9600	147	22	mediation	mediation	NOUN
easat-9600	147	23	)	)	PUNCT
easat-9600	147	24	.	.	PUNCT
easat-9600	148	1	3	3	X
easat-9600	148	2	.	.	X
easat-9600	148	3	research	research	NOUN
easat-9600	148	4	methodology	methodology	NOUN
easat-9600	148	5	this	this	DET
easat-9600	148	6	study	study	NOUN
easat-9600	148	7	uses	use	VERB
easat-9600	148	8	a	a	DET
easat-9600	148	9	quantitative	quantitative	ADJ
easat-9600	148	10	research	research	NOUN
easat-9600	148	11	method	method	NOUN
easat-9600	148	12	.	.	PUNCT
easat-9600	149	1	it	it	PRON
easat-9600	149	2	analyzes	analyze	VERB
easat-9600	149	3	financial	financial	ADJ
easat-9600	149	4	reports	report	NOUN
easat-9600	149	5	to	to	PART
easat-9600	149	6	produce	produce	VERB
easat-9600	149	7	a	a	DET
easat-9600	149	8	value	value	NOUN
easat-9600	149	9	that	that	PRON
easat-9600	149	10	is	be	AUX
easat-9600	149	11	used	use	VERB
easat-9600	149	12	as	as	ADP
easat-9600	149	13	a	a	DET
easat-9600	149	14	performance	performance	NOUN
easat-9600	149	15	measurement	measurement	NOUN
easat-9600	149	16	tool	tool	NOUN
easat-9600	149	17	for	for	ADP
easat-9600	149	18	the	the	DET
easat-9600	149	19	period	period	NOUN
easat-9600	149	20	2019	2019	NUM
easat-9600	149	21	-	-	SYM
easat-9600	149	22	2023	2023	NUM
easat-9600	149	23	.	.	PUNCT
easat-9600	150	1	the	the	DET
easat-9600	150	2	research	research	NOUN
easat-9600	150	3	variables	variable	NOUN
easat-9600	150	4	are	be	AUX
easat-9600	150	5	728	728	NUM
easat-9600	150	6	firm	firm	ADJ
easat-9600	150	7	-	-	PUNCT
easat-9600	150	8	year	year	NOUN
easat-9600	150	9	observations	observation	NOUN
easat-9600	150	10	from	from	ADP
easat-9600	150	11	publicly	publicly	ADV
easat-9600	150	12	listed	list	VERB
easat-9600	150	13	companies	company	NOUN
easat-9600	150	14	.	.	PUNCT
easat-9600	151	1	the	the	DET
easat-9600	151	2	researchers	researcher	NOUN
easat-9600	151	3	collected	collect	VERB
easat-9600	151	4	data	datum	NOUN
easat-9600	151	5	directly	directly	ADV
easat-9600	151	6	from	from	ADP
easat-9600	151	7	corporate	corporate	ADJ
easat-9600	151	8	financial	financial	ADJ
easat-9600	151	9	reports	report	NOUN
easat-9600	151	10	by	by	ADP
easat-9600	151	11	accessing	access	VERB
easat-9600	151	12	corporate	corporate	ADJ
easat-9600	151	13	websites	website	NOUN
easat-9600	151	14	and	and	CCONJ
easat-9600	151	15	the	the	DET
easat-9600	151	16	indonesia	indonesia	PROPN
easat-9600	151	17	stock	stock	PROPN
easat-9600	151	18	exchange	exchange	PROPN
easat-9600	151	19	(	(	PUNCT
easat-9600	151	20	idx	idx	NOUN
easat-9600	151	21	)	)	PUNCT
easat-9600	151	22	website	website	NOUN
easat-9600	151	23	.	.	PUNCT
easat-9600	152	1	the	the	DET
easat-9600	152	2	financial	financial	ADJ
easat-9600	152	3	statement	statement	NOUN
easat-9600	152	4	data	datum	NOUN
easat-9600	152	5	was	be	AUX
easat-9600	152	6	then	then	ADV
easat-9600	152	7	processed	process	VERB
easat-9600	152	8	to	to	PART
easat-9600	152	9	find	find	VERB
easat-9600	152	10	answers	answer	NOUN
easat-9600	152	11	and	and	CCONJ
easat-9600	152	12	support	support	VERB
easat-9600	152	13	the	the	DET
easat-9600	152	14	hypotheses	hypothesis	NOUN
easat-9600	152	15	formulated	formulate	VERB
easat-9600	152	16	.	.	PUNCT
easat-9600	153	1	after	after	ADP
easat-9600	153	2	obtaining	obtain	VERB
easat-9600	153	3	the	the	DET
easat-9600	153	4	processed	process	VERB
easat-9600	153	5	results	result	NOUN
easat-9600	153	6	,	,	PUNCT
easat-9600	153	7	they	they	PRON
easat-9600	153	8	were	be	AUX
easat-9600	153	9	aligned	align	VERB
easat-9600	153	10	with	with	ADP
easat-9600	153	11	the	the	DET
easat-9600	153	12	hypotheses	hypothesis	NOUN
easat-9600	153	13	and	and	CCONJ
easat-9600	153	14	conclusions	conclusion	NOUN
easat-9600	153	15	were	be	AUX
easat-9600	153	16	drawn	draw	VERB
easat-9600	153	17	based	base	VERB
easat-9600	153	18	on	on	ADP
easat-9600	153	19	the	the	DET
easat-9600	153	20	processed	process	VERB
easat-9600	153	21	results	result	NOUN
easat-9600	153	22	.	.	PUNCT
easat-9600	154	1	statistical	statistical	ADJ
easat-9600	154	2	analysis	analysis	NOUN
easat-9600	154	3	techniques	technique	NOUN
easat-9600	154	4	were	be	AUX
easat-9600	154	5	used	use	VERB
easat-9600	154	6	to	to	PART
easat-9600	154	7	measure	measure	VERB
easat-9600	154	8	corporate	corporate	ADJ
easat-9600	154	9	sustainability	sustainability	NOUN
easat-9600	154	10	in	in	ADP
easat-9600	154	11	mediating	mediate	VERB
easat-9600	154	12	the	the	DET
easat-9600	154	13	influence	influence	NOUN
easat-9600	154	14	(	(	PUNCT
easat-9600	154	15	political	political	ADJ
easat-9600	154	16	connections	connection	NOUN
easat-9600	154	17	,	,	PUNCT
easat-9600	154	18	earning	earn	VERB
easat-9600	154	19	management	management	NOUN
easat-9600	154	20	)	)	PUNCT
easat-9600	154	21	1348	1348	NUM
easat-9600	154	22	edelweiss	edelweiss	PROPN
easat-9600	154	23	applied	apply	VERB
easat-9600	154	24	science	science	NOUN
easat-9600	154	25	and	and	CCONJ
easat-9600	154	26	technology	technology	NOUN
easat-9600	154	27	issn	issn	PROPN
easat-9600	154	28	:	:	PUNCT
easat-9600	154	29	2576	2576	NUM
easat-9600	154	30	-	-	SYM
easat-9600	154	31	8484	8484	NUM
easat-9600	154	32	vol	vol	NOUN
easat-9600	154	33	.	.	PROPN
easat-9600	155	1	9	9	NUM
easat-9600	155	2	,	,	PUNCT
easat-9600	155	3	no	no	INTJ
easat-9600	155	4	.	.	NOUN
easat-9600	155	5	8	8	NUM
easat-9600	155	6	:	:	SYM
easat-9600	155	7	1343	1343	NUM
easat-9600	155	8	-	-	SYM
easat-9600	155	9	1353	1353	NUM
easat-9600	155	10	,	,	PUNCT
easat-9600	155	11	2025	2025	NUM
easat-9600	155	12	doi	doi	NOUN
easat-9600	155	13	:	:	PUNCT
easat-9600	155	14	10.55214/2576	10.55214/2576	NUM
easat-9600	155	15	-	-	SYM
easat-9600	155	16	8484.v9i8.9600	8484.v9i8.9600	NUM
easat-9600	155	17	©	©	PROPN
easat-9600	155	18	2025	2025	NUM
easat-9600	155	19	by	by	ADP
easat-9600	155	20	the	the	DET
easat-9600	155	21	authors	author	NOUN
easat-9600	155	22	;	;	PUNCT
easat-9600	155	23	licensee	licensee	PROPN
easat-9600	155	24	learning	learn	VERB
easat-9600	155	25	gate	gate	NOUN
easat-9600	155	26	on	on	ADP
easat-9600	155	27	firm	firm	ADJ
easat-9600	155	28	value	value	NOUN
easat-9600	155	29	using	use	VERB
easat-9600	155	30	process	process	NOUN
easat-9600	155	31	macro	macro	ADJ
easat-9600	155	32	model	model	NOUN
easat-9600	155	33	14	14	NUM
easat-9600	156	1	[	[	X
easat-9600	156	2	28	28	NUM
easat-9600	156	3	]	]	PUNCT
easat-9600	156	4	.	.	PUNCT
easat-9600	157	1	andrew	andrew	PROPN
easat-9600	157	2	hayes	hayes	PROPN
easat-9600	157	3	introduced	introduce	VERB
easat-9600	157	4	an	an	DET
easat-9600	157	5	analytical	analytical	ADJ
easat-9600	157	6	tool	tool	NOUN
easat-9600	157	7	he	he	PRON
easat-9600	157	8	calls	call	VERB
easat-9600	157	9	conditional	conditional	ADJ
easat-9600	157	10	process	process	NOUN
easat-9600	157	11	analysis	analysis	NOUN
easat-9600	157	12	,	,	PUNCT
easat-9600	157	13	which	which	PRON
easat-9600	157	14	is	be	AUX
easat-9600	157	15	claimed	claim	VERB
easat-9600	157	16	to	to	PART
easat-9600	157	17	be	be	AUX
easat-9600	157	18	useful	useful	ADJ
easat-9600	157	19	when	when	SCONJ
easat-9600	157	20	the	the	DET
easat-9600	157	21	research	research	NOUN
easat-9600	157	22	objective	objective	NOUN
easat-9600	157	23	is	be	AUX
easat-9600	157	24	to	to	PART
easat-9600	157	25	understand	understand	VERB
easat-9600	157	26	the	the	DET
easat-9600	157	27	mechanism	mechanism	NOUN
easat-9600	157	28	through	through	ADP
easat-9600	157	29	which	which	PRON
easat-9600	157	30	the	the	DET
easat-9600	157	31	effect	effect	NOUN
easat-9600	157	32	of	of	ADP
easat-9600	157	33	a	a	DET
easat-9600	157	34	variable	variable	NOUN
easat-9600	157	35	under	under	ADP
easat-9600	157	36	certain	certain	ADJ
easat-9600	157	37	conditions	condition	NOUN
easat-9600	157	38	(	(	PUNCT
easat-9600	157	39	the	the	DET
easat-9600	157	40	presence	presence	NOUN
easat-9600	157	41	of	of	ADP
easat-9600	157	42	mediation	mediation	NOUN
easat-9600	157	43	)	)	PUNCT
easat-9600	157	44	is	be	AUX
easat-9600	157	45	transmitted	transmit	VERB
easat-9600	157	46	to	to	ADP
easat-9600	157	47	another	another	DET
easat-9600	157	48	variable	variable	NOUN
easat-9600	157	49	.	.	PUNCT
easat-9600	158	1	4	4	X
easat-9600	158	2	.	.	X
easat-9600	158	3	research	research	NOUN
easat-9600	158	4	result	result	VERB
easat-9600	158	5	this	this	DET
easat-9600	158	6	research	research	NOUN
easat-9600	158	7	approach	approach	NOUN
easat-9600	158	8	that	that	PRON
easat-9600	158	9	can	can	AUX
easat-9600	158	10	be	be	AUX
easat-9600	158	11	discussed	discuss	VERB
easat-9600	158	12	further	far	ADV
easat-9600	158	13	with	with	ADP
easat-9600	158	14	the	the	DET
easat-9600	158	15	empirical	empirical	ADJ
easat-9600	158	16	results	result	NOUN
easat-9600	158	17	obtained	obtain	VERB
easat-9600	158	18	.	.	PUNCT
easat-9600	158	19	table	table	NOUN
easat-9600	158	20	1	1	NUM
easat-9600	158	21	.	.	PUNCT
easat-9600	158	22	direct	direct	ADJ
easat-9600	158	23	effect	effect	NOUN
easat-9600	158	24	.	.	PUNCT
easat-9600	159	1	coeff	coeff	PROPN
easat-9600	159	2	se	se	PROPN
easat-9600	159	3	t	t	PROPN
easat-9600	159	4	-	-	PUNCT
easat-9600	159	5	value	value	NOUN
easat-9600	159	6	p	p	NOUN
easat-9600	159	7	-	-	PUNCT
easat-9600	159	8	value	value	NOUN
easat-9600	159	9	io	io	X
easat-9600	159	10	→	→	SYM
easat-9600	159	11	cs	cs	PROPN
easat-9600	159	12	0.2307	0.2307	NUM
easat-9600	159	13	0.0398	0.0398	NUM
easat-9600	159	14	5.7895	5.7895	NUM
easat-9600	159	15	0.0000	0.0000	NUM
easat-9600	159	16	cs	cs	PROPN
easat-9600	159	17	→	→	SYM
easat-9600	159	18	fv	fv	PROPN
easat-9600	159	19	1.0167	1.0167	NUM
easat-9600	159	20	0.0631	0.0631	NUM
easat-9600	159	21	16.1181	16.1181	NUM
easat-9600	159	22	0.0000	0.0000	NUM
easat-9600	159	23	table	table	NOUN
easat-9600	159	24	1	1	NUM
easat-9600	159	25	shows	show	VERB
easat-9600	159	26	the	the	DET
easat-9600	159	27	direct	direct	ADJ
easat-9600	159	28	relationship	relationship	NOUN
easat-9600	159	29	between	between	ADP
easat-9600	159	30	institutional	institutional	ADJ
easat-9600	159	31	ownership	ownership	NOUN
easat-9600	159	32	and	and	CCONJ
easat-9600	159	33	corporate	corporate	ADJ
easat-9600	159	34	sustainability	sustainability	NOUN
easat-9600	159	35	and	and	CCONJ
easat-9600	159	36	firm	firm	ADJ
easat-9600	159	37	value	value	NOUN
easat-9600	159	38	.	.	PUNCT
easat-9600	160	1	based	base	VERB
easat-9600	160	2	on	on	ADP
easat-9600	160	3	the	the	DET
easat-9600	160	4	results	result	NOUN
easat-9600	160	5	of	of	ADP
easat-9600	160	6	the	the	DET
easat-9600	160	7	process	process	NOUN
easat-9600	160	8	analysis	analysis	NOUN
easat-9600	160	9	,	,	PUNCT
easat-9600	160	10	a	a	DET
easat-9600	160	11	direct	direct	ADJ
easat-9600	160	12	effect	effect	NOUN
easat-9600	160	13	was	be	AUX
easat-9600	160	14	found	find	VERB
easat-9600	160	15	for	for	ADP
easat-9600	160	16	institutional	institutional	ADJ
easat-9600	160	17	ownership	ownership	NOUN
easat-9600	160	18	on	on	ADP
easat-9600	160	19	corporate	corporate	ADJ
easat-9600	160	20	sustainability	sustainability	NOUN
easat-9600	160	21	and	and	CCONJ
easat-9600	160	22	corporate	corporate	ADJ
easat-9600	160	23	sustainability	sustainability	NOUN
easat-9600	160	24	on	on	ADP
easat-9600	160	25	firm	firm	ADJ
easat-9600	160	26	value	value	NOUN
easat-9600	160	27	.	.	PUNCT
easat-9600	161	1	institutional	institutional	ADJ
easat-9600	161	2	ownership	ownership	NOUN
easat-9600	161	3	on	on	ADP
easat-9600	161	4	corporate	corporate	ADJ
easat-9600	161	5	sustainability	sustainability	NOUN
easat-9600	161	6	(	(	PUNCT
easat-9600	161	7	direct	direct	ADJ
easat-9600	161	8	effect	effect	NOUN
easat-9600	161	9	=	=	SYM
easat-9600	161	10	.2307	.2307	NOUN
easat-9600	161	11	,	,	PUNCT
easat-9600	161	12	se	se	X
easat-9600	161	13	=	=	PROPN
easat-9600	161	14	.0398	.0398	PROPN
easat-9600	161	15	,	,	PUNCT
easat-9600	161	16	t	t	NOUN
easat-9600	161	17	-	-	PUNCT
easat-9600	161	18	value	value	NOUN
easat-9600	161	19	=	=	NOUN
easat-9600	161	20	5.7895	5.7895	NUM
easat-9600	161	21	and	and	CCONJ
easat-9600	161	22	p	p	NOUN
easat-9600	161	23	-	-	PUNCT
easat-9600	161	24	value	value	NOUN
easat-9600	161	25	=	=	SYM
easat-9600	161	26	.0000	.0000	PROPN
easat-9600	161	27	)	)	PUNCT
easat-9600	161	28	.	.	PUNCT
easat-9600	162	1	these	these	DET
easat-9600	162	2	results	result	NOUN
easat-9600	162	3	indicate	indicate	VERB
easat-9600	162	4	that	that	SCONJ
easat-9600	162	5	the	the	DET
easat-9600	162	6	direct	direct	ADJ
easat-9600	162	7	relationship	relationship	NOUN
easat-9600	162	8	between	between	ADP
easat-9600	162	9	institutional	institutional	ADJ
easat-9600	162	10	ownership	ownership	NOUN
easat-9600	162	11	and	and	CCONJ
easat-9600	162	12	corporate	corporate	ADJ
easat-9600	162	13	sustainability	sustainability	NOUN
easat-9600	162	14	is	be	AUX
easat-9600	162	15	positive	positive	ADJ
easat-9600	162	16	and	and	CCONJ
easat-9600	162	17	significant	significant	ADJ
easat-9600	162	18	so	so	SCONJ
easat-9600	162	19	that	that	DET
easat-9600	162	20	hypothesis	hypothesis	NOUN
easat-9600	162	21	1	1	NUM
easat-9600	162	22	(	(	PUNCT
easat-9600	162	23	h1	h1	PROPN
easat-9600	162	24	)	)	PUNCT
easat-9600	162	25	is	be	AUX
easat-9600	162	26	accepted	accept	VERB
easat-9600	162	27	.	.	PUNCT
easat-9600	163	1	corporate	corporate	ADJ
easat-9600	163	2	sustainability	sustainability	NOUN
easat-9600	163	3	on	on	ADP
easat-9600	163	4	firm	firm	ADJ
easat-9600	163	5	value	value	NOUN
easat-9600	163	6	(	(	PUNCT
easat-9600	163	7	direct	direct	ADJ
easat-9600	163	8	effect	effect	NOUN
easat-9600	163	9	=	=	SYM
easat-9600	163	10	1.0167	1.0167	NUM
easat-9600	163	11	,	,	PUNCT
easat-9600	163	12	se	se	X
easat-9600	163	13	=	=	PROPN
easat-9600	163	14	.0631	.0631	PROPN
easat-9600	163	15	,	,	PUNCT
easat-9600	163	16	t	t	NOUN
easat-9600	163	17	-	-	PUNCT
easat-9600	163	18	value	value	NOUN
easat-9600	163	19	=	=	SYM
easat-9600	163	20	16.1181	16.1181	NUM
easat-9600	163	21	and	and	CCONJ
easat-9600	163	22	p	p	NOUN
easat-9600	163	23	-	-	PUNCT
easat-9600	163	24	value	value	NOUN
easat-9600	163	25	=	=	SYM
easat-9600	163	26	.0000	.0000	NOUN
easat-9600	163	27	)	)	PUNCT
easat-9600	164	1	these	these	DET
easat-9600	164	2	results	result	NOUN
easat-9600	164	3	indicate	indicate	VERB
easat-9600	164	4	that	that	SCONJ
easat-9600	164	5	the	the	DET
easat-9600	164	6	direct	direct	ADJ
easat-9600	164	7	relationship	relationship	NOUN
easat-9600	164	8	between	between	ADP
easat-9600	164	9	corporate	corporate	ADJ
easat-9600	164	10	sustainability	sustainability	NOUN
easat-9600	164	11	and	and	CCONJ
easat-9600	164	12	firm	firm	ADJ
easat-9600	164	13	value	value	NOUN
easat-9600	164	14	is	be	AUX
easat-9600	164	15	positive	positive	ADJ
easat-9600	164	16	and	and	CCONJ
easat-9600	164	17	significant	significant	ADJ
easat-9600	164	18	so	so	SCONJ
easat-9600	164	19	that	that	DET
easat-9600	164	20	hypothesis	hypothesis	NOUN
easat-9600	164	21	2	2	NUM
easat-9600	164	22	(	(	PUNCT
easat-9600	164	23	h2	h2	NOUN
easat-9600	164	24	)	)	PUNCT
easat-9600	164	25	is	be	AUX
easat-9600	164	26	accepted	accept	VERB
easat-9600	164	27	.	.	PUNCT
easat-9600	165	1	table	table	NOUN
easat-9600	165	2	2	2	NUM
easat-9600	165	3	.	.	PUNCT
easat-9600	165	4	indirect	indirect	ADJ
easat-9600	165	5	effect	effect	NOUN
easat-9600	165	6	.	.	PUNCT
easat-9600	166	1	io	io	X
easat-9600	166	2	-	-	PUNCT
easat-9600	166	3	>	>	X
easat-9600	166	4	cs	cs	PROPN
easat-9600	166	5	-	-	PUNCT
easat-9600	166	6	>	>	X
easat-9600	166	7	fv	fv	PROPN
easat-9600	166	8	.	.	PROPN
easat-9600	166	9	aq	aq	PROPN
easat-9600	166	10	effect	effect	NOUN
easat-9600	166	11	bootse	bootse	NOUN
easat-9600	166	12	bootllci	bootllci	NOUN
easat-9600	166	13	bootulci	bootulci	NOUN
easat-9600	166	14	-0.3986	-0.3986	VERB
easat-9600	166	15	0.2442	0.2442	NUM
easat-9600	167	1	0.0526	0.0526	NUM
easat-9600	167	2	0.1476	0.1476	NUM
easat-9600	167	3	0.3522	0.3522	NUM
easat-9600	167	4	0.0000	0.0000	NUM
easat-9600	167	5	0.2346	0.2346	NUM
easat-9600	167	6	0.0466	0.0466	NUM
easat-9600	167	7	0.1467	0.1467	NUM
easat-9600	167	8	0.3298	0.3298	NUM
easat-9600	167	9	0.3986	0.3986	NUM
easat-9600	167	10	0.2249	0.2249	NUM
easat-9600	167	11	0.0487	0.0487	NUM
easat-9600	167	12	0.1364	0.1364	NUM
easat-9600	167	13	0.3269	0.3269	NUM
easat-9600	167	14	table	table	NOUN
easat-9600	167	15	2	2	NUM
easat-9600	167	16	shows	show	VERB
easat-9600	167	17	that	that	SCONJ
easat-9600	167	18	the	the	DET
easat-9600	167	19	indirect	indirect	ADJ
easat-9600	167	20	effect	effect	NOUN
easat-9600	167	21	of	of	ADP
easat-9600	167	22	institutional	institutional	ADJ
easat-9600	167	23	ownership	ownership	NOUN
easat-9600	167	24	(	(	PUNCT
easat-9600	167	25	io	io	NOUN
easat-9600	167	26	)	)	PUNCT
easat-9600	167	27	on	on	ADP
easat-9600	167	28	firm	firm	ADJ
easat-9600	167	29	value	value	NOUN
easat-9600	167	30	(	(	PUNCT
easat-9600	167	31	fv	fv	NOUN
easat-9600	167	32	)	)	PUNCT
easat-9600	167	33	through	through	ADP
easat-9600	167	34	corporate	corporate	ADJ
easat-9600	167	35	sustainability	sustainability	NOUN
easat-9600	167	36	(	(	PUNCT
easat-9600	167	37	cs	cs	X
easat-9600	167	38	)	)	PUNCT
easat-9600	167	39	is	be	AUX
easat-9600	167	40	significant	significant	ADJ
easat-9600	167	41	at	at	ADP
easat-9600	167	42	all	all	DET
easat-9600	167	43	levels	level	NOUN
easat-9600	167	44	of	of	ADP
easat-9600	167	45	audit	audit	NOUN
easat-9600	167	46	quality	quality	NOUN
easat-9600	167	47	(	(	PUNCT
easat-9600	167	48	aq	aq	NOUN
easat-9600	167	49	)	)	PUNCT
easat-9600	167	50	.	.	PUNCT
easat-9600	168	1	regardless	regardless	ADV
easat-9600	168	2	of	of	ADP
easat-9600	168	3	high	high	ADJ
easat-9600	168	4	or	or	CCONJ
easat-9600	168	5	low	low	ADJ
easat-9600	168	6	audit	audit	NOUN
easat-9600	168	7	quality	quality	NOUN
easat-9600	168	8	,	,	PUNCT
easat-9600	168	9	institutional	institutional	ADJ
easat-9600	168	10	ownership	ownership	NOUN
easat-9600	168	11	still	still	ADV
easat-9600	168	12	influences	influence	VERB
easat-9600	168	13	firm	firm	ADJ
easat-9600	168	14	value	value	NOUN
easat-9600	168	15	through	through	ADP
easat-9600	168	16	corporate	corporate	ADJ
easat-9600	168	17	sustainability	sustainability	NOUN
easat-9600	168	18	.	.	PUNCT
easat-9600	169	1	the	the	DET
easat-9600	169	2	effect	effect	NOUN
easat-9600	169	3	value	value	NOUN
easat-9600	169	4	decreases	decrease	VERB
easat-9600	169	5	slightly	slightly	ADV
easat-9600	169	6	from	from	ADP
easat-9600	169	7	low	low	ADJ
easat-9600	169	8	aq	aq	X
easat-9600	169	9	(	(	PUNCT
easat-9600	169	10	0.2442	0.2442	NUM
easat-9600	169	11	)	)	PUNCT
easat-9600	169	12	to	to	ADP
easat-9600	169	13	high	high	ADJ
easat-9600	169	14	aq	aq	X
easat-9600	169	15	(	(	PUNCT
easat-9600	169	16	0.2249	0.2249	NUM
easat-9600	169	17	)	)	PUNCT
easat-9600	169	18	,	,	PUNCT
easat-9600	169	19	but	but	CCONJ
easat-9600	169	20	this	this	DET
easat-9600	169	21	difference	difference	NOUN
easat-9600	169	22	is	be	AUX
easat-9600	169	23	not	not	PART
easat-9600	169	24	statistically	statistically	ADV
easat-9600	169	25	significant	significant	ADJ
easat-9600	169	26	.	.	PUNCT
easat-9600	170	1	this	this	PRON
easat-9600	170	2	is	be	AUX
easat-9600	170	3	in	in	ADP
easat-9600	170	4	line	line	NOUN
easat-9600	170	5	with	with	ADP
easat-9600	170	6	the	the	DET
easat-9600	170	7	insignificant	insignificant	ADJ
easat-9600	170	8	results	result	NOUN
easat-9600	170	9	of	of	ADP
easat-9600	170	10	the	the	DET
easat-9600	170	11	moderated	moderated	ADJ
easat-9600	170	12	mediation	mediation	NOUN
easat-9600	170	13	index	index	NOUN
easat-9600	170	14	,	,	PUNCT
easat-9600	170	15	indicating	indicate	VERB
easat-9600	170	16	that	that	SCONJ
easat-9600	170	17	audit	audit	NOUN
easat-9600	170	18	quality	quality	NOUN
easat-9600	170	19	does	do	AUX
easat-9600	170	20	not	not	PART
easat-9600	170	21	significantly	significantly	ADV
easat-9600	170	22	change	change	VERB
easat-9600	170	23	the	the	DET
easat-9600	170	24	strength	strength	NOUN
easat-9600	170	25	of	of	ADP
easat-9600	170	26	the	the	DET
easat-9600	170	27	mediation	mediation	NOUN
easat-9600	170	28	effect	effect	NOUN
easat-9600	170	29	.	.	PUNCT
easat-9600	171	1	therefore	therefore	ADV
easat-9600	171	2	,	,	PUNCT
easat-9600	171	3	hypothesis	hypothesis	NOUN
easat-9600	171	4	3	3	NUM
easat-9600	171	5	(	(	PUNCT
easat-9600	171	6	h3	h3	NOUN
easat-9600	171	7	)	)	PUNCT
easat-9600	171	8	is	be	AUX
easat-9600	171	9	accepted	accept	VERB
easat-9600	171	10	.	.	PUNCT
easat-9600	172	1	table	table	NOUN
easat-9600	172	2	3	3	NUM
easat-9600	172	3	.	.	PUNCT
easat-9600	173	1	moderated	moderate	VERB
easat-9600	173	2	.	.	PUNCT
easat-9600	174	1	test(s	test(s	PROPN
easat-9600	174	2	)	)	PUNCT
easat-9600	174	3	of	of	ADP
easat-9600	174	4	highest	high	ADJ
easat-9600	174	5	order	order	NOUN
easat-9600	174	6	unconditional	unconditional	ADJ
easat-9600	174	7	interaction(s	interaction(s	NOUN
easat-9600	174	8	):	):	PUNCT
easat-9600	174	9	coeff	coeff	PROPN
easat-9600	174	10	se	se	PROPN
easat-9600	174	11	t	t	PROPN
easat-9600	174	12	-	-	PUNCT
easat-9600	174	13	value	value	NOUN
easat-9600	174	14	p	p	NOUN
easat-9600	174	15	-	-	PUNCT
easat-9600	174	16	value	value	NOUN
easat-9600	174	17	llci	llci	NOUN
easat-9600	174	18	llci	llci	NOUN
easat-9600	174	19	m*w	m*w	PROPN
easat-9600	174	20	-0.1046	-0.1046	NOUN
easat-9600	175	1	0.1449	0.1449	NUM
easat-9600	175	2	0.7219	0.7219	NUM
easat-9600	175	3	0.4706	0.4706	NUM
easat-9600	175	4	0.3891	0.3891	NUM
easat-9600	175	5	0.1799	0.1799	NUM
easat-9600	175	6	note	note	NOUN
easat-9600	175	7	:	:	PUNCT
easat-9600	175	8	focal	focal	ADJ
easat-9600	175	9	predict	predict	NOUN
easat-9600	175	10	:	:	PUNCT
easat-9600	175	11	cs	cs	PROPN
easat-9600	175	12	(	(	PUNCT
easat-9600	175	13	m	m	PROPN
easat-9600	175	14	)	)	PUNCT
easat-9600	175	15	.	.	PUNCT
easat-9600	176	1	mod	mod	PROPN
easat-9600	176	2	var	var	PROPN
easat-9600	176	3	:	:	PUNCT
easat-9600	176	4	aq	aq	VERB
easat-9600	176	5	(	(	PUNCT
easat-9600	176	6	w	w	NOUN
easat-9600	176	7	)	)	PUNCT
easat-9600	176	8	table	table	NOUN
easat-9600	176	9	3	3	NUM
easat-9600	176	10	shows	show	VERB
easat-9600	176	11	that	that	SCONJ
easat-9600	176	12	audit	audit	NOUN
easat-9600	176	13	quality	quality	NOUN
easat-9600	176	14	(	(	PUNCT
easat-9600	176	15	aq	aq	NOUN
easat-9600	176	16	)	)	PUNCT
easat-9600	176	17	does	do	AUX
easat-9600	176	18	not	not	PART
easat-9600	176	19	moderate	moderate	VERB
easat-9600	176	20	the	the	DET
easat-9600	176	21	relationship	relationship	NOUN
easat-9600	176	22	between	between	ADP
easat-9600	176	23	corporate	corporate	ADJ
easat-9600	176	24	sustainability	sustainability	NOUN
easat-9600	176	25	(	(	PUNCT
easat-9600	176	26	cs	cs	PROPN
easat-9600	176	27	)	)	PUNCT
easat-9600	176	28	and	and	CCONJ
easat-9600	176	29	firm	firm	ADJ
easat-9600	176	30	value	value	NOUN
easat-9600	176	31	(	(	PUNCT
easat-9600	176	32	fv	fv	NOUN
easat-9600	176	33	)	)	PUNCT
easat-9600	176	34	.	.	PUNCT
easat-9600	177	1	the	the	DET
easat-9600	177	2	p	p	NOUN
easat-9600	177	3	-	-	PUNCT
easat-9600	177	4	value	value	NOUN
easat-9600	177	5	,	,	PUNCT
easat-9600	177	6	which	which	PRON
easat-9600	177	7	is	be	AUX
easat-9600	177	8	far	far	ADV
easat-9600	177	9	above	above	ADP
easat-9600	177	10	the	the	DET
easat-9600	177	11	significance	significance	NOUN
easat-9600	177	12	limit	limit	NOUN
easat-9600	177	13	(	(	PUNCT
easat-9600	177	14	0.05	0.05	NUM
easat-9600	177	15	)	)	PUNCT
easat-9600	177	16	,	,	PUNCT
easat-9600	177	17	indicates	indicate	VERB
easat-9600	177	18	that	that	SCONJ
easat-9600	177	19	changes	change	NOUN
easat-9600	177	20	in	in	ADP
easat-9600	177	21	the	the	DET
easat-9600	177	22	level	level	NOUN
easat-9600	177	23	of	of	ADP
easat-9600	177	24	audit	audit	NOUN
easat-9600	177	25	quality	quality	NOUN
easat-9600	177	26	do	do	AUX
easat-9600	177	27	not	not	PART
easat-9600	177	28	significantly	significantly	ADV
easat-9600	177	29	strengthen	strengthen	VERB
easat-9600	177	30	or	or	CCONJ
easat-9600	177	31	weaken	weaken	VERB
easat-9600	177	32	the	the	DET
easat-9600	177	33	influence	influence	NOUN
easat-9600	177	34	of	of	ADP
easat-9600	177	35	cs	cs	PROPN
easat-9600	177	36	on	on	ADP
easat-9600	177	37	fv	fv	X
easat-9600	177	38	.	.	PUNCT
easat-9600	178	1	the	the	DET
easat-9600	178	2	negative	negative	ADJ
easat-9600	178	3	direction	direction	NOUN
easat-9600	178	4	of	of	ADP
easat-9600	178	5	the	the	DET
easat-9600	178	6	coefficient	coefficient	NOUN
easat-9600	178	7	(	(	PUNCT
easat-9600	178	8	-0.1046	-0.1046	NOUN
easat-9600	178	9	)	)	PUNCT
easat-9600	178	10	theoretically	theoretically	ADV
easat-9600	178	11	suggests	suggest	VERB
easat-9600	178	12	that	that	SCONJ
easat-9600	178	13	an	an	DET
easat-9600	178	14	increase	increase	NOUN
easat-9600	178	15	in	in	ADP
easat-9600	178	16	audit	audit	NOUN
easat-9600	178	17	quality	quality	NOUN
easat-9600	178	18	tends	tend	VERB
easat-9600	178	19	to	to	PART
easat-9600	178	20	slightly	slightly	ADV
easat-9600	178	21	reduce	reduce	VERB
easat-9600	178	22	the	the	DET
easat-9600	178	23	strength	strength	NOUN
easat-9600	178	24	of	of	ADP
easat-9600	178	25	the	the	DET
easat-9600	178	26	relationship	relationship	NOUN
easat-9600	178	27	between	between	ADP
easat-9600	178	28	cs	cs	PROPN
easat-9600	178	29	and	and	CCONJ
easat-9600	178	30	fv	fv	PROPN
easat-9600	178	31	,	,	PUNCT
easat-9600	178	32	1349	1349	NUM
easat-9600	178	33	edelweiss	edelweiss	PROPN
easat-9600	178	34	applied	apply	VERB
easat-9600	178	35	science	science	NOUN
easat-9600	178	36	and	and	CCONJ
easat-9600	178	37	technology	technology	NOUN
easat-9600	178	38	issn	issn	PROPN
easat-9600	178	39	:	:	PUNCT
easat-9600	178	40	2576	2576	NUM
easat-9600	178	41	-	-	SYM
easat-9600	178	42	8484	8484	NUM
easat-9600	178	43	vol	vol	NOUN
easat-9600	178	44	.	.	PROPN
easat-9600	179	1	9	9	NUM
easat-9600	179	2	,	,	PUNCT
easat-9600	179	3	no	no	INTJ
easat-9600	179	4	.	.	NOUN
easat-9600	179	5	8	8	NUM
easat-9600	179	6	:	:	SYM
easat-9600	179	7	1343	1343	NUM
easat-9600	179	8	-	-	SYM
easat-9600	179	9	1353	1353	NUM
easat-9600	179	10	,	,	PUNCT
easat-9600	179	11	2025	2025	NUM
easat-9600	179	12	doi	doi	NOUN
easat-9600	179	13	:	:	PUNCT
easat-9600	179	14	10.55214/2576	10.55214/2576	NUM
easat-9600	179	15	-	-	SYM
easat-9600	179	16	8484.v9i8.9600	8484.v9i8.9600	NUM
easat-9600	179	17	©	©	PROPN
easat-9600	179	18	2025	2025	NUM
easat-9600	179	19	by	by	ADP
easat-9600	179	20	the	the	DET
easat-9600	179	21	authors	author	NOUN
easat-9600	179	22	;	;	PUNCT
easat-9600	179	23	licensee	licensee	PROPN
easat-9600	179	24	learning	learning	NOUN
easat-9600	179	25	gate	gate	NOUN
easat-9600	179	26	but	but	CCONJ
easat-9600	179	27	because	because	SCONJ
easat-9600	179	28	this	this	DET
easat-9600	179	29	result	result	NOUN
easat-9600	179	30	is	be	AUX
easat-9600	179	31	not	not	PART
easat-9600	179	32	significant	significant	ADJ
easat-9600	179	33	,	,	PUNCT
easat-9600	179	34	this	this	DET
easat-9600	179	35	tendency	tendency	NOUN
easat-9600	179	36	can	can	AUX
easat-9600	179	37	not	not	PART
easat-9600	179	38	be	be	AUX
easat-9600	179	39	used	use	VERB
easat-9600	179	40	as	as	ADP
easat-9600	179	41	a	a	DET
easat-9600	179	42	statistically	statistically	ADV
easat-9600	179	43	strong	strong	ADJ
easat-9600	179	44	conclusion	conclusion	NOUN
easat-9600	179	45	.	.	PUNCT
easat-9600	180	1	hypothesis	hypothesis	NOUN
easat-9600	180	2	4	4	NUM
easat-9600	180	3	(	(	PUNCT
easat-9600	180	4	h4	h4	PROPN
easat-9600	180	5	)	)	PUNCT
easat-9600	180	6	is	be	AUX
easat-9600	180	7	rejected	reject	VERB
easat-9600	180	8	.	.	PUNCT
easat-9600	181	1	table	table	NOUN
easat-9600	181	2	4	4	NUM
easat-9600	181	3	.	.	PUNCT
easat-9600	181	4	index	index	NOUN
easat-9600	181	5	of	of	ADP
easat-9600	181	6	moderated	moderated	ADJ
easat-9600	181	7	mediation	mediation	NOUN
easat-9600	181	8	.	.	PUNCT
easat-9600	182	1	index	index	NOUN
easat-9600	182	2	bootse	bootse	PROPN
easat-9600	182	3	bootllci	bootllci	NOUN
easat-9600	182	4	bootulci	bootulci	NOUN
easat-9600	182	5	aq	aq	X
easat-9600	182	6	-0.0241	-0.0241	PROPN
easat-9600	182	7	0.0502	0.0502	NUM
easat-9600	182	8	-0.1250	-0.1250	NOUN
easat-9600	182	9	0.0736	0.0736	NUM
easat-9600	182	10	table	table	NOUN
easat-9600	182	11	4	4	NUM
easat-9600	182	12	shows	show	VERB
easat-9600	182	13	the	the	DET
easat-9600	182	14	results	result	NOUN
easat-9600	182	15	of	of	ADP
easat-9600	182	16	the	the	DET
easat-9600	182	17	index	index	NOUN
easat-9600	182	18	of	of	ADP
easat-9600	182	19	moderated	moderated	ADJ
easat-9600	182	20	mediation	mediation	NOUN
easat-9600	182	21	value	value	NOUN
easat-9600	182	22	of	of	ADP
easat-9600	182	23	-0.0241	-0.0241	NOUN
easat-9600	182	24	with	with	ADP
easat-9600	182	25	a	a	DET
easat-9600	182	26	confidence	confidence	NOUN
easat-9600	182	27	interval	interval	NOUN
easat-9600	182	28	(	(	PUNCT
easat-9600	182	29	ci	ci	NOUN
easat-9600	182	30	)	)	PUNCT
easat-9600	182	31	of	of	ADP
easat-9600	182	32	[	[	X
easat-9600	182	33	-0.1250	-0.1250	NOUN
easat-9600	182	34	;	;	PUNCT
easat-9600	182	35	0.0736	0.0736	NUM
easat-9600	182	36	]	]	PUNCT
easat-9600	182	37	containing	contain	VERB
easat-9600	182	38	zero	zero	NUM
easat-9600	182	39	,	,	PUNCT
easat-9600	182	40	indicating	indicate	VERB
easat-9600	182	41	no	no	DET
easat-9600	182	42	evidence	evidence	NOUN
easat-9600	182	43	of	of	ADP
easat-9600	182	44	moderation	moderation	NOUN
easat-9600	182	45	by	by	ADP
easat-9600	182	46	audit	audit	NOUN
easat-9600	182	47	quality	quality	NOUN
easat-9600	182	48	(	(	PUNCT
easat-9600	182	49	aq	aq	NOUN
easat-9600	182	50	)	)	PUNCT
easat-9600	182	51	on	on	ADP
easat-9600	182	52	the	the	DET
easat-9600	182	53	mediating	mediate	VERB
easat-9600	182	54	effect	effect	NOUN
easat-9600	182	55	of	of	ADP
easat-9600	182	56	corporate	corporate	ADJ
easat-9600	182	57	sustainability	sustainability	NOUN
easat-9600	182	58	(	(	PUNCT
easat-9600	182	59	cs	cs	PROPN
easat-9600	182	60	)	)	PUNCT
easat-9600	182	61	on	on	ADP
easat-9600	182	62	the	the	DET
easat-9600	182	63	relationship	relationship	NOUN
easat-9600	182	64	between	between	ADP
easat-9600	182	65	institutional	institutional	ADJ
easat-9600	182	66	ownership	ownership	NOUN
easat-9600	182	67	(	(	PUNCT
easat-9600	182	68	io	io	NOUN
easat-9600	182	69	)	)	PUNCT
easat-9600	182	70	and	and	CCONJ
easat-9600	182	71	firm	firm	ADJ
easat-9600	182	72	value	value	NOUN
easat-9600	182	73	(	(	PUNCT
easat-9600	182	74	fv	fv	NOUN
easat-9600	182	75	)	)	PUNCT
easat-9600	182	76	.	.	PUNCT
easat-9600	183	1	the	the	DET
easat-9600	183	2	mediating	mediate	VERB
easat-9600	183	3	effect	effect	NOUN
easat-9600	183	4	of	of	ADP
easat-9600	183	5	cs	cs	PROPN
easat-9600	183	6	in	in	ADP
easat-9600	183	7	linking	link	VERB
easat-9600	183	8	io	io	NOUN
easat-9600	183	9	and	and	CCONJ
easat-9600	183	10	fv	fv	PROPN
easat-9600	183	11	is	be	AUX
easat-9600	183	12	consistent	consistent	ADJ
easat-9600	183	13	,	,	PUNCT
easat-9600	183	14	whether	whether	SCONJ
easat-9600	183	15	the	the	DET
easat-9600	183	16	audit	audit	NOUN
easat-9600	183	17	quality	quality	NOUN
easat-9600	183	18	is	be	AUX
easat-9600	183	19	low	low	ADJ
easat-9600	183	20	,	,	PUNCT
easat-9600	183	21	medium	medium	ADJ
easat-9600	183	22	,	,	PUNCT
easat-9600	183	23	or	or	CCONJ
easat-9600	183	24	high	high	ADJ
easat-9600	183	25	.	.	PUNCT
easat-9600	184	1	it	it	PRON
easat-9600	184	2	is	be	AUX
easat-9600	184	3	expected	expect	VERB
easat-9600	184	4	that	that	SCONJ
easat-9600	184	5	audit	audit	NOUN
easat-9600	184	6	quality	quality	NOUN
easat-9600	184	7	can	can	AUX
easat-9600	184	8	strengthen	strengthen	VERB
easat-9600	184	9	the	the	DET
easat-9600	184	10	credibility	credibility	NOUN
easat-9600	184	11	of	of	ADP
easat-9600	184	12	sustainability	sustainability	NOUN
easat-9600	184	13	information	information	NOUN
easat-9600	184	14	so	so	SCONJ
easat-9600	184	15	that	that	SCONJ
easat-9600	184	16	its	its	PRON
easat-9600	184	17	influence	influence	NOUN
easat-9600	184	18	on	on	ADP
easat-9600	184	19	firm	firm	ADJ
easat-9600	184	20	value	value	NOUN
easat-9600	184	21	becomes	become	VERB
easat-9600	184	22	greater	great	ADJ
easat-9600	184	23	.	.	PUNCT
easat-9600	185	1	however	however	ADV
easat-9600	185	2	,	,	PUNCT
easat-9600	185	3	this	this	DET
easat-9600	185	4	result	result	NOUN
easat-9600	185	5	indicates	indicate	VERB
easat-9600	185	6	that	that	SCONJ
easat-9600	185	7	audit	audit	NOUN
easat-9600	185	8	quality	quality	NOUN
easat-9600	185	9	does	do	AUX
easat-9600	185	10	not	not	PART
easat-9600	185	11	play	play	VERB
easat-9600	185	12	a	a	DET
easat-9600	185	13	significant	significant	ADJ
easat-9600	185	14	role	role	NOUN
easat-9600	185	15	as	as	ADP
easat-9600	185	16	a	a	DET
easat-9600	185	17	differentiator	differentiator	NOUN
easat-9600	185	18	the	the	DET
easat-9600	185	19	market	market	NOUN
easat-9600	185	20	may	may	AUX
easat-9600	185	21	already	already	ADV
easat-9600	185	22	respond	respond	VERB
easat-9600	185	23	sufficiently	sufficiently	ADV
easat-9600	185	24	to	to	ADP
easat-9600	185	25	sustainability	sustainability	NOUN
easat-9600	185	26	signals	signal	NOUN
easat-9600	185	27	without	without	ADP
easat-9600	185	28	requiring	require	VERB
easat-9600	185	29	reinforcement	reinforcement	NOUN
easat-9600	185	30	from	from	ADP
easat-9600	185	31	audit	audit	NOUN
easat-9600	185	32	quality	quality	NOUN
easat-9600	185	33	.	.	PUNCT
easat-9600	186	1	the	the	DET
easat-9600	186	2	level	level	NOUN
easat-9600	186	3	of	of	ADP
easat-9600	186	4	audit	audit	NOUN
easat-9600	186	5	quality	quality	NOUN
easat-9600	186	6	across	across	ADP
easat-9600	186	7	companies	company	NOUN
easat-9600	186	8	in	in	ADP
easat-9600	186	9	the	the	DET
easat-9600	186	10	sample	sample	NOUN
easat-9600	186	11	is	be	AUX
easat-9600	186	12	relatively	relatively	ADV
easat-9600	186	13	homogeneous	homogeneous	ADJ
easat-9600	186	14	.	.	PUNCT
easat-9600	187	1	investors	investor	NOUN
easat-9600	187	2	consider	consider	VERB
easat-9600	187	3	sustainability	sustainability	NOUN
easat-9600	187	4	performance	performance	NOUN
easat-9600	187	5	as	as	ADP
easat-9600	187	6	a	a	DET
easat-9600	187	7	primary	primary	ADJ
easat-9600	187	8	factor	factor	NOUN
easat-9600	187	9	,	,	PUNCT
easat-9600	187	10	while	while	SCONJ
easat-9600	187	11	audit	audit	NOUN
easat-9600	187	12	quality	quality	NOUN
easat-9600	187	13	is	be	AUX
easat-9600	187	14	considered	consider	VERB
easat-9600	187	15	a	a	DET
easat-9600	187	16	secondary	secondary	ADJ
easat-9600	187	17	factor	factor	NOUN
easat-9600	187	18	.	.	PUNCT
easat-9600	188	1	applicable	applicable	ADJ
easat-9600	188	2	regulations	regulation	NOUN
easat-9600	188	3	or	or	CCONJ
easat-9600	188	4	reporting	reporting	NOUN
easat-9600	188	5	standards	standard	NOUN
easat-9600	188	6	make	make	VERB
easat-9600	188	7	sustainability	sustainability	NOUN
easat-9600	188	8	information	information	NOUN
easat-9600	188	9	relatively	relatively	ADV
easat-9600	188	10	equal	equal	ADJ
easat-9600	188	11	in	in	ADP
easat-9600	188	12	quality	quality	NOUN
easat-9600	188	13	in	in	ADP
easat-9600	188	14	the	the	DET
easat-9600	188	15	eyes	eye	NOUN
easat-9600	188	16	of	of	ADP
easat-9600	188	17	investors	investor	NOUN
easat-9600	188	18	.	.	PUNCT
easat-9600	189	1	therefore	therefore	ADV
easat-9600	189	2	,	,	PUNCT
easat-9600	189	3	hypothesis	hypothesis	NOUN
easat-9600	189	4	5	5	NUM
easat-9600	189	5	(	(	PUNCT
easat-9600	189	6	h5	h5	PROPN
easat-9600	189	7	)	)	PUNCT
easat-9600	189	8	is	be	AUX
easat-9600	189	9	rejected	reject	VERB
easat-9600	189	10	.	.	PUNCT
easat-9600	190	1	5	5	X
easat-9600	190	2	.	.	X
easat-9600	190	3	finding	finding	NOUN
easat-9600	190	4	and	and	CCONJ
easat-9600	190	5	discussion	discussion	NOUN
easat-9600	190	6	signaling	signal	VERB
easat-9600	190	7	theory	theory	NOUN
easat-9600	190	8	spence	spence	NOUN
easat-9600	191	1	[	[	X
easat-9600	191	2	16	16	NUM
easat-9600	191	3	]	]	PUNCT
easat-9600	191	4	explains	explain	VERB
easat-9600	191	5	the	the	DET
easat-9600	191	6	companies	company	NOUN
easat-9600	191	7	are	be	AUX
easat-9600	191	8	perceived	perceive	VERB
easat-9600	191	9	as	as	ADP
easat-9600	191	10	possessing	possess	VERB
easat-9600	191	11	internal	internal	ADJ
easat-9600	191	12	information	information	NOUN
easat-9600	191	13	or	or	CCONJ
easat-9600	191	14	asymmetric	asymmetric	ADJ
easat-9600	191	15	information	information	NOUN
easat-9600	191	16	to	to	ADP
easat-9600	191	17	investors	investor	NOUN
easat-9600	191	18	or	or	CCONJ
easat-9600	191	19	public	public	ADJ
easat-9600	191	20	.	.	PUNCT
easat-9600	192	1	to	to	PART
easat-9600	192	2	reduce	reduce	VERB
easat-9600	192	3	this	this	DET
easat-9600	192	4	asymmetry	asymmetry	NOUN
easat-9600	192	5	information	information	NOUN
easat-9600	192	6	,	,	PUNCT
easat-9600	192	7	companies	company	NOUN
easat-9600	192	8	send	send	VERB
easat-9600	192	9	signals	signal	NOUN
easat-9600	192	10	to	to	ADP
easat-9600	192	11	the	the	DET
easat-9600	192	12	market	market	NOUN
easat-9600	192	13	which	which	PRON
easat-9600	192	14	take	take	VERB
easat-9600	192	15	the	the	DET
easat-9600	192	16	form	form	NOUN
easat-9600	192	17	of	of	ADP
easat-9600	192	18	financial	financial	ADJ
easat-9600	192	19	reports	report	NOUN
easat-9600	192	20	,	,	PUNCT
easat-9600	192	21	sustainability	sustainability	NOUN
easat-9600	192	22	disclosures	disclosure	NOUN
easat-9600	192	23	,	,	PUNCT
easat-9600	192	24	or	or	CCONJ
easat-9600	192	25	corporate	corporate	ADJ
easat-9600	192	26	social	social	ADJ
easat-9600	192	27	responsibility	responsibility	NOUN
easat-9600	192	28	(	(	PUNCT
easat-9600	192	29	csr	csr	NOUN
easat-9600	192	30	)	)	PUNCT
easat-9600	192	31	.	.	PUNCT
easat-9600	193	1	these	these	DET
easat-9600	193	2	signals	signal	NOUN
easat-9600	193	3	shows	show	VERB
easat-9600	193	4	that	that	SCONJ
easat-9600	193	5	the	the	DET
easat-9600	193	6	company	company	NOUN
easat-9600	193	7	has	have	VERB
easat-9600	193	8	good	good	ADJ
easat-9600	193	9	prospects	prospect	NOUN
easat-9600	193	10	and	and	CCONJ
easat-9600	193	11	manage	manage	VERB
easat-9600	193	12	responsible	responsible	ADJ
easat-9600	193	13	.	.	PUNCT
easat-9600	194	1	corporate	corporate	ADJ
easat-9600	194	2	sustainability	sustainability	NOUN
easat-9600	194	3	is	be	AUX
easat-9600	194	4	a	a	DET
easat-9600	194	5	positive	positive	ADJ
easat-9600	194	6	signal	signal	NOUN
easat-9600	194	7	sent	send	VERB
easat-9600	194	8	by	by	ADP
easat-9600	194	9	companies	company	NOUN
easat-9600	194	10	to	to	PART
easat-9600	194	11	shows	show	VERB
easat-9600	194	12	their	their	PRON
easat-9600	194	13	commitment	commitment	NOUN
easat-9600	194	14	to	to	ADP
easat-9600	194	15	long	long	ADJ
easat-9600	194	16	-	-	PUNCT
easat-9600	194	17	term	term	NOUN
easat-9600	194	18	sustainability	sustainability	NOUN
easat-9600	194	19	,	,	PUNCT
easat-9600	194	20	risk	risk	NOUN
easat-9600	194	21	management	management	NOUN
easat-9600	194	22	,	,	PUNCT
easat-9600	194	23	and	and	CCONJ
easat-9600	194	24	good	good	ADJ
easat-9600	194	25	governance	governance	NOUN
easat-9600	194	26	.	.	PUNCT
easat-9600	195	1	however	however	ADV
easat-9600	195	2	,	,	PUNCT
easat-9600	195	3	the	the	DET
easat-9600	195	4	effectiveness	effectiveness	NOUN
easat-9600	195	5	of	of	ADP
easat-9600	195	6	this	this	DET
easat-9600	195	7	signal	signal	NOUN
easat-9600	195	8	is	be	AUX
easat-9600	195	9	greatly	greatly	ADV
easat-9600	195	10	influenced	influence	VERB
easat-9600	195	11	by	by	ADP
easat-9600	195	12	who	who	PRON
easat-9600	195	13	behind	behind	ADP
easat-9600	195	14	the	the	DET
easat-9600	195	15	company	company	NOUN
easat-9600	195	16	,	,	PUNCT
easat-9600	195	17	including	include	VERB
easat-9600	195	18	its	its	PRON
easat-9600	195	19	ownership	ownership	NOUN
easat-9600	195	20	structure	structure	NOUN
easat-9600	195	21	.	.	PUNCT
easat-9600	196	1	institutional	institutional	ADJ
easat-9600	196	2	ownership	ownership	NOUN
easat-9600	196	3	strengthening	strengthen	VERB
easat-9600	196	4	and	and	CCONJ
easat-9600	196	5	motivating	motivate	VERB
easat-9600	196	6	the	the	DET
easat-9600	196	7	delivery	delivery	NOUN
easat-9600	196	8	of	of	ADP
easat-9600	196	9	these	these	DET
easat-9600	196	10	sustainability	sustainability	NOUN
easat-9600	196	11	signals	signal	NOUN
easat-9600	196	12	.	.	PUNCT
easat-9600	197	1	therefore	therefore	ADV
easat-9600	197	2	,	,	PUNCT
easat-9600	197	3	the	the	DET
easat-9600	197	4	presence	presence	NOUN
easat-9600	197	5	of	of	ADP
easat-9600	197	6	institutional	institutional	ADJ
easat-9600	197	7	ownership	ownership	NOUN
easat-9600	197	8	within	within	ADP
easat-9600	197	9	company	company	NOUN
easat-9600	197	10	structure	structure	NOUN
easat-9600	197	11	provides	provide	VERB
easat-9600	197	12	additional	additional	ADJ
easat-9600	197	13	incentives	incentive	NOUN
easat-9600	197	14	for	for	SCONJ
easat-9600	197	15	management	management	NOUN
easat-9600	197	16	to	to	PART
easat-9600	197	17	make	make	VERB
easat-9600	197	18	credible	credible	ADJ
easat-9600	197	19	sustainability	sustainability	NOUN
easat-9600	197	20	signals	signal	NOUN
easat-9600	197	21	to	to	ADP
easat-9600	197	22	the	the	DET
easat-9600	197	23	market	market	NOUN
easat-9600	197	24	.	.	PUNCT
easat-9600	198	1	companies	company	NOUN
easat-9600	198	2	owned	own	VERB
easat-9600	198	3	by	by	ADP
easat-9600	198	4	institutional	institutional	ADJ
easat-9600	198	5	investors	investor	NOUN
easat-9600	198	6	more	more	ADV
easat-9600	198	7	actively	actively	ADV
easat-9600	198	8	disclose	disclose	VERB
easat-9600	198	9	sustainability	sustainability	NOUN
easat-9600	198	10	information	information	NOUN
easat-9600	198	11	because	because	SCONJ
easat-9600	198	12	institutional	institutional	ADJ
easat-9600	198	13	investors	investor	NOUN
easat-9600	198	14	value	value	VERB
easat-9600	198	15	esg	esg	NOUN
easat-9600	198	16	aspects	aspect	NOUN
easat-9600	198	17	as	as	ADP
easat-9600	198	18	part	part	NOUN
easat-9600	198	19	of	of	ADP
easat-9600	198	20	the	the	DET
easat-9600	198	21	firm	firm	ADJ
easat-9600	198	22	value	value	NOUN
easat-9600	198	23	,	,	PUNCT
easat-9600	198	24	sustainability	sustainability	NOUN
easat-9600	198	25	disclosure	disclosure	NOUN
easat-9600	198	26	enhances	enhance	VERB
easat-9600	198	27	the	the	DET
easat-9600	198	28	company	company	NOUN
easat-9600	198	29	's	's	PART
easat-9600	198	30	reputation	reputation	NOUN
easat-9600	198	31	in	in	ADP
easat-9600	198	32	the	the	DET
easat-9600	198	33	capital	capital	NOUN
easat-9600	198	34	market	market	NOUN
easat-9600	198	35	and	and	CCONJ
easat-9600	198	36	consistent	consistent	ADJ
easat-9600	198	37	sustainability	sustainability	NOUN
easat-9600	198	38	signals	signal	NOUN
easat-9600	198	39	attract	attract	VERB
easat-9600	198	40	more	more	ADJ
easat-9600	198	41	institutional	institutional	ADJ
easat-9600	198	42	investors	investor	NOUN
easat-9600	198	43	.	.	PUNCT
easat-9600	199	1	corporate	corporate	ADJ
easat-9600	199	2	sustainability	sustainability	NOUN
easat-9600	199	3	is	be	AUX
easat-9600	199	4	about	about	ADP
easat-9600	199	5	making	make	VERB
easat-9600	199	6	business	business	NOUN
easat-9600	199	7	decisions	decision	NOUN
easat-9600	199	8	that	that	PRON
easat-9600	199	9	balance	balance	VERB
easat-9600	199	10	economic	economic	ADJ
easat-9600	199	11	success	success	NOUN
easat-9600	199	12	,	,	PUNCT
easat-9600	199	13	environmental	environmental	ADJ
easat-9600	199	14	responsibility	responsibility	NOUN
easat-9600	199	15	and	and	CCONJ
easat-9600	199	16	social	social	ADJ
easat-9600	199	17	impact	impact	NOUN
easat-9600	199	18	.	.	PUNCT
easat-9600	200	1	companies	company	NOUN
easat-9600	200	2	embed	embed	VERB
easat-9600	200	3	sustainability	sustainability	NOUN
easat-9600	200	4	into	into	ADP
easat-9600	200	5	their	their	PRON
easat-9600	200	6	strategy	strategy	NOUN
easat-9600	200	7	are	be	AUX
easat-9600	200	8	not	not	PART
easat-9600	200	9	only	only	ADV
easat-9600	200	10	addressing	address	VERB
easat-9600	200	11	climate	climate	NOUN
easat-9600	200	12	change	change	NOUN
easat-9600	200	13	,	,	PUNCT
easat-9600	200	14	labor	labor	NOUN
easat-9600	200	15	rights	right	NOUN
easat-9600	200	16	and	and	CCONJ
easat-9600	200	17	governance	governance	NOUN
easat-9600	200	18	risks	risk	NOUN
easat-9600	200	19	.	.	PUNCT
easat-9600	201	1	when	when	SCONJ
easat-9600	201	2	markets	market	NOUN
easat-9600	201	3	are	be	AUX
easat-9600	201	4	uncertain	uncertain	ADJ
easat-9600	201	5	and	and	CCONJ
easat-9600	201	6	information	information	NOUN
easat-9600	201	7	is	be	AUX
easat-9600	201	8	incomplete	incomplete	ADJ
easat-9600	201	9	,	,	PUNCT
easat-9600	201	10	firms	firm	NOUN
easat-9600	201	11	use	use	VERB
easat-9600	201	12	visible	visible	ADJ
easat-9600	201	13	actions	action	NOUN
easat-9600	201	14	like	like	ADP
easat-9600	201	15	sustainability	sustainability	NOUN
easat-9600	201	16	reports	report	NOUN
easat-9600	201	17	or	or	CCONJ
easat-9600	201	18	green	green	ADJ
easat-9600	201	19	innovation	innovation	NOUN
easat-9600	201	20	as	as	SCONJ
easat-9600	201	21	signals	signal	NOUN
easat-9600	201	22	to	to	PART
easat-9600	201	23	show	show	VERB
easat-9600	201	24	their	their	PRON
easat-9600	201	25	true	true	ADJ
easat-9600	201	26	quality	quality	NOUN
easat-9600	201	27	and	and	CCONJ
easat-9600	201	28	reliability	reliability	NOUN
easat-9600	201	29	.	.	PUNCT
easat-9600	202	1	the	the	DET
easat-9600	202	2	message	message	NOUN
easat-9600	202	3	is	be	AUX
easat-9600	202	4	the	the	DET
easat-9600	202	5	company	company	NOUN
easat-9600	202	6	that	that	PRON
easat-9600	202	7	takes	take	VERB
easat-9600	202	8	risks	risk	NOUN
easat-9600	202	9	seriously	seriously	ADV
easat-9600	202	10	,	,	PUNCT
easat-9600	202	11	operates	operate	VERB
easat-9600	202	12	ethically	ethically	ADV
easat-9600	202	13	and	and	CCONJ
easat-9600	202	14	plans	plan	NOUN
easat-9600	202	15	for	for	ADP
easat-9600	202	16	the	the	DET
easat-9600	202	17	future	future	NOUN
easat-9600	202	18	.	.	PUNCT
easat-9600	203	1	but	but	CCONJ
easat-9600	203	2	for	for	SCONJ
easat-9600	203	3	this	this	DET
easat-9600	203	4	signal	signal	NOUN
easat-9600	203	5	to	to	PART
easat-9600	203	6	work	work	VERB
easat-9600	203	7	,	,	PUNCT
easat-9600	203	8	it	it	PRON
easat-9600	203	9	has	have	VERB
easat-9600	203	10	to	to	PART
easat-9600	203	11	be	be	AUX
easat-9600	203	12	credible	credible	ADJ
easat-9600	203	13	.	.	PUNCT
easat-9600	204	1	sustainability	sustainability	NOUN
easat-9600	204	2	is	be	AUX
easat-9600	204	3	n’t	not	PART
easat-9600	204	4	just	just	ADV
easat-9600	204	5	about	about	ADP
easat-9600	204	6	marketing	marketing	NOUN
easat-9600	204	7	it	it	PRON
easat-9600	204	8	has	have	VERB
easat-9600	204	9	to	to	PART
easat-9600	204	10	be	be	AUX
easat-9600	204	11	backed	back	VERB
easat-9600	204	12	by	by	ADP
easat-9600	204	13	real	real	ADJ
easat-9600	204	14	actions	action	NOUN
easat-9600	204	15	,	,	PUNCT
easat-9600	204	16	commitments	commitment	NOUN
easat-9600	204	17	and	and	CCONJ
easat-9600	204	18	transparency	transparency	NOUN
easat-9600	204	19	.	.	PUNCT
easat-9600	205	1	when	when	SCONJ
easat-9600	205	2	it	it	PRON
easat-9600	205	3	is	be	AUX
easat-9600	205	4	,	,	PUNCT
easat-9600	205	5	the	the	DET
easat-9600	205	6	market	market	NOUN
easat-9600	205	7	often	often	ADV
easat-9600	205	8	rewards	reward	VERB
easat-9600	205	9	the	the	DET
easat-9600	205	10	company	company	NOUN
easat-9600	205	11	with	with	ADP
easat-9600	205	12	higher	high	ADJ
easat-9600	205	13	value	value	NOUN
easat-9600	205	14	stronger	strong	ADJ
easat-9600	205	15	investor	investor	NOUN
easat-9600	205	16	confidence	confidence	NOUN
easat-9600	205	17	,	,	PUNCT
easat-9600	205	18	a	a	DET
easat-9600	205	19	better	well	ADJ
easat-9600	205	20	reputation	reputation	NOUN
easat-9600	205	21	and	and	CCONJ
easat-9600	205	22	sometimes	sometimes	ADV
easat-9600	205	23	even	even	ADV
easat-9600	205	24	a	a	DET
easat-9600	205	25	higher	high	ADJ
easat-9600	205	26	stock	stock	NOUN
easat-9600	205	27	price	price	NOUN
easat-9600	205	28	.	.	PUNCT
easat-9600	206	1	finding	find	VERB
easat-9600	206	2	in	in	ADP
easat-9600	206	3	this	this	DET
easat-9600	206	4	research	research	NOUN
easat-9600	206	5	,	,	PUNCT
easat-9600	206	6	corporate	corporate	ADJ
easat-9600	206	7	sustainability	sustainability	NOUN
easat-9600	206	8	is	be	AUX
easat-9600	206	9	not	not	PART
easat-9600	206	10	only	only	ADV
easat-9600	206	11	an	an	DET
easat-9600	206	12	ethical	ethical	ADJ
easat-9600	206	13	strategy	strategy	NOUN
easat-9600	206	14	,	,	PUNCT
easat-9600	206	15	but	but	CCONJ
easat-9600	206	16	also	also	ADV
easat-9600	206	17	a	a	DET
easat-9600	206	18	strategic	strategic	ADJ
easat-9600	206	19	communication	communication	NOUN
easat-9600	206	20	tool	tool	NOUN
easat-9600	206	21	reinforced	reinforce	VERB
easat-9600	206	22	by	by	ADP
easat-9600	206	23	institutional	institutional	ADJ
easat-9600	206	24	pressure	pressure	NOUN
easat-9600	206	25	to	to	PART
easat-9600	206	26	create	create	VERB
easat-9600	206	27	a	a	DET
easat-9600	206	28	positive	positive	ADJ
easat-9600	206	29	investors	investor	NOUN
easat-9600	206	30	perception	perception	NOUN
easat-9600	206	31	.	.	PUNCT
easat-9600	207	1	corporate	corporate	ADJ
easat-9600	207	2	sustainability	sustainability	NOUN
easat-9600	207	3	reflects	reflect	VERB
easat-9600	207	4	a	a	DET
easat-9600	207	5	corporate	corporate	NOUN
easat-9600	207	6	's	's	PART
easat-9600	207	7	commitment	commitment	NOUN
easat-9600	207	8	to	to	ADP
easat-9600	207	9	economic	economic	ADJ
easat-9600	207	10	,	,	PUNCT
easat-9600	207	11	social	social	ADJ
easat-9600	207	12	and	and	CCONJ
easat-9600	207	13	environmental	environmental	ADJ
easat-9600	207	14	sustainability	sustainability	NOUN
easat-9600	207	15	.	.	PUNCT
easat-9600	208	1	sustainability	sustainability	NOUN
easat-9600	208	2	improves	improve	VERB
easat-9600	208	3	reputation	reputation	NOUN
easat-9600	208	4	,	,	PUNCT
easat-9600	208	5	operational	operational	ADJ
easat-9600	208	6	efficiency	efficiency	NOUN
easat-9600	208	7	and	and	CCONJ
easat-9600	208	8	regulatory	regulatory	ADJ
easat-9600	208	9	compliance	compliance	NOUN
easat-9600	208	10	,	,	PUNCT
easat-9600	208	11	which	which	PRON
easat-9600	208	12	directly	directly	ADV
easat-9600	208	13	impact	impact	VERB
easat-9600	208	14	firm	firm	ADJ
easat-9600	208	15	value	value	NOUN
easat-9600	208	16	.	.	PUNCT
easat-9600	209	1	firm	firm	ADJ
easat-9600	209	2	value	value	NOUN
easat-9600	209	3	increases	increase	NOUN
easat-9600	209	4	when	when	SCONJ
easat-9600	209	5	sustainability	sustainability	NOUN
easat-9600	209	6	is	be	AUX
easat-9600	209	7	used	use	VERB
easat-9600	209	8	.	.	PUNCT
easat-9600	210	1	institutional	institutional	ADJ
easat-9600	210	2	investors	investor	NOUN
easat-9600	210	3	encourage	encourage	VERB
easat-9600	210	4	companies	company	NOUN
easat-9600	210	5	to	to	PART
easat-9600	210	6	adopt	adopt	VERB
easat-9600	210	7	1350	1350	NUM
easat-9600	210	8	edelweiss	edelweiss	PROPN
easat-9600	210	9	applied	apply	VERB
easat-9600	210	10	science	science	NOUN
easat-9600	210	11	and	and	CCONJ
easat-9600	210	12	technology	technology	NOUN
easat-9600	210	13	issn	issn	PROPN
easat-9600	210	14	:	:	PUNCT
easat-9600	210	15	2576	2576	NUM
easat-9600	210	16	-	-	SYM
easat-9600	210	17	8484	8484	NUM
easat-9600	210	18	vol	vol	NOUN
easat-9600	210	19	.	.	PROPN
easat-9600	211	1	9	9	NUM
easat-9600	211	2	,	,	PUNCT
easat-9600	211	3	no	no	INTJ
easat-9600	211	4	.	.	NOUN
easat-9600	211	5	8	8	NUM
easat-9600	211	6	:	:	SYM
easat-9600	211	7	1343	1343	NUM
easat-9600	211	8	-	-	SYM
easat-9600	211	9	1353	1353	NUM
easat-9600	211	10	,	,	PUNCT
easat-9600	211	11	2025	2025	NUM
easat-9600	211	12	doi	doi	NOUN
easat-9600	211	13	:	:	PUNCT
easat-9600	211	14	10.55214/2576	10.55214/2576	NUM
easat-9600	211	15	-	-	SYM
easat-9600	211	16	8484.v9i8.9600	8484.v9i8.9600	NUM
easat-9600	211	17	©	©	PROPN
easat-9600	211	18	2025	2025	NUM
easat-9600	211	19	by	by	ADP
easat-9600	211	20	the	the	DET
easat-9600	211	21	authors	author	NOUN
easat-9600	211	22	;	;	PUNCT
easat-9600	211	23	licensee	licensee	PROPN
easat-9600	211	24	learning	learn	VERB
easat-9600	211	25	gate	gate	VERB
easat-9600	211	26	corporate	corporate	ADJ
easat-9600	211	27	sustainability	sustainability	NOUN
easat-9600	211	28	as	as	ADP
easat-9600	211	29	a	a	DET
easat-9600	211	30	tool	tool	NOUN
easat-9600	211	31	to	to	PART
easat-9600	211	32	strengthen	strengthen	VERB
easat-9600	211	33	legitimacy	legitimacy	NOUN
easat-9600	211	34	,	,	PUNCT
easat-9600	211	35	operational	operational	ADJ
easat-9600	211	36	efficiency	efficiency	NOUN
easat-9600	211	37	,	,	PUNCT
easat-9600	211	38	and	and	CCONJ
easat-9600	211	39	stakeholder	stakeholder	NOUN
easat-9600	211	40	relationships	relationship	NOUN
easat-9600	211	41	,	,	PUNCT
easat-9600	211	42	thereby	thereby	ADV
easat-9600	211	43	enhancing	enhance	VERB
easat-9600	211	44	market	market	NOUN
easat-9600	211	45	perceptions	perception	NOUN
easat-9600	211	46	of	of	ADP
easat-9600	211	47	firm	firm	ADJ
easat-9600	211	48	value	value	NOUN
easat-9600	211	49	.	.	PUNCT
easat-9600	212	1	investment	investment	NOUN
easat-9600	212	2	landscape	landscape	NOUN
easat-9600	212	3	,	,	PUNCT
easat-9600	212	4	companies	company	NOUN
easat-9600	212	5	are	be	AUX
easat-9600	212	6	no	no	ADV
easat-9600	212	7	longer	long	ADV
easat-9600	212	8	judged	judge	VERB
easat-9600	212	9	solely	solely	ADV
easat-9600	212	10	by	by	ADP
easat-9600	212	11	how	how	SCONJ
easat-9600	212	12	much	much	ADJ
easat-9600	212	13	profit	profit	NOUN
easat-9600	212	14	they	they	PRON
easat-9600	212	15	make	make	VERB
easat-9600	212	16	but	but	CCONJ
easat-9600	212	17	how	how	SCONJ
easat-9600	212	18	they	they	PRON
easat-9600	212	19	make	make	VERB
easat-9600	212	20	it	it	PRON
easat-9600	212	21	.	.	PUNCT
easat-9600	213	1	this	this	DET
easat-9600	213	2	shift	shift	NOUN
easat-9600	213	3	has	have	AUX
easat-9600	213	4	brought	bring	VERB
easat-9600	213	5	corporate	corporate	ADJ
easat-9600	213	6	sustainability	sustainability	NOUN
easat-9600	213	7	to	to	ADP
easat-9600	213	8	the	the	DET
easat-9600	213	9	attention	attention	NOUN
easat-9600	213	10	.	.	PUNCT
easat-9600	214	1	sustainability	sustainability	NOUN
easat-9600	214	2	not	not	PART
easat-9600	214	3	just	just	ADV
easat-9600	214	4	about	about	ADP
easat-9600	214	5	being	be	AUX
easat-9600	214	6	environmentally	environmentally	ADV
easat-9600	214	7	and	and	CCONJ
easat-9600	214	8	socially	socially	ADV
easat-9600	214	9	responsible	responsible	ADJ
easat-9600	214	10	,	,	PUNCT
easat-9600	214	11	it	it	PRON
easat-9600	214	12	's	be	AUX
easat-9600	214	13	about	about	ADP
easat-9600	214	14	reporting	report	VERB
easat-9600	214	15	to	to	ADP
easat-9600	214	16	the	the	DET
easat-9600	214	17	market	market	NOUN
easat-9600	214	18	that	that	PRON
easat-9600	214	19	the	the	DET
easat-9600	214	20	company	company	NOUN
easat-9600	214	21	is	be	AUX
easat-9600	214	22	managing	manage	VERB
easat-9600	214	23	long	long	ADJ
easat-9600	214	24	-	-	PUNCT
easat-9600	214	25	term	term	NOUN
easat-9600	214	26	risks	risk	NOUN
easat-9600	214	27	,	,	PUNCT
easat-9600	214	28	building	build	VERB
easat-9600	214	29	resilience	resilience	NOUN
easat-9600	214	30	and	and	CCONJ
easat-9600	214	31	ethically	ethically	ADV
easat-9600	214	32	.	.	PUNCT
easat-9600	215	1	the	the	DET
easat-9600	215	2	key	key	ADJ
easat-9600	215	3	drivers	driver	NOUN
easat-9600	215	4	is	be	AUX
easat-9600	215	5	institutional	institutional	ADJ
easat-9600	215	6	ownership	ownership	NOUN
easat-9600	215	7	.	.	PUNCT
easat-9600	216	1	large	large	ADJ
easat-9600	216	2	institutional	institutional	ADJ
easat-9600	216	3	investors	investor	NOUN
easat-9600	216	4	care	care	VERB
easat-9600	216	5	about	about	ADP
easat-9600	216	6	how	how	SCONJ
easat-9600	216	7	companies	company	NOUN
easat-9600	216	8	behave	behave	VERB
easat-9600	216	9	,	,	PUNCT
easat-9600	216	10	not	not	PART
easat-9600	216	11	just	just	ADV
easat-9600	216	12	what	what	PRON
easat-9600	216	13	they	they	PRON
easat-9600	216	14	earn	earn	VERB
easat-9600	216	15	this	this	DET
easat-9600	216	16	quarter	quarter	NOUN
easat-9600	216	17	.	.	PUNCT
easat-9600	217	1	these	these	DET
easat-9600	217	2	investors	investor	NOUN
easat-9600	217	3	increasingly	increasingly	ADV
easat-9600	217	4	expect	expect	VERB
easat-9600	217	5	companies	company	NOUN
easat-9600	217	6	to	to	PART
easat-9600	217	7	act	act	VERB
easat-9600	217	8	responsibly	responsibly	ADV
easat-9600	217	9	,	,	PUNCT
easat-9600	217	10	publish	publish	VERB
easat-9600	217	11	credible	credible	ADJ
easat-9600	217	12	sustainability	sustainability	NOUN
easat-9600	217	13	reports	report	NOUN
easat-9600	217	14	,	,	PUNCT
easat-9600	217	15	and	and	CCONJ
easat-9600	217	16	align	align	VERB
easat-9600	217	17	their	their	PRON
easat-9600	217	18	strategies	strategy	NOUN
easat-9600	217	19	with	with	ADP
easat-9600	217	20	environmental	environmental	ADJ
easat-9600	217	21	,	,	PUNCT
easat-9600	217	22	social	social	ADJ
easat-9600	217	23	and	and	CCONJ
easat-9600	217	24	governance	governance	NOUN
easat-9600	217	25	(	(	PUNCT
easat-9600	217	26	esg	esg	NOUN
easat-9600	217	27	)	)	PUNCT
easat-9600	217	28	principles	principle	NOUN
easat-9600	217	29	.	.	PUNCT
easat-9600	218	1	the	the	DET
easat-9600	218	2	perspective	perspective	NOUN
easat-9600	218	3	of	of	ADP
easat-9600	218	4	signaling	signal	VERB
easat-9600	218	5	theory	theory	NOUN
easat-9600	218	6	spence	spence	NOUN
easat-9600	219	1	[	[	X
easat-9600	219	2	16	16	NUM
easat-9600	219	3	]	]	PUNCT
easat-9600	219	4	that	that	SCONJ
easat-9600	219	5	the	the	DET
easat-9600	219	6	companies	company	NOUN
easat-9600	219	7	operate	operate	VERB
easat-9600	219	8	of	of	ADP
easat-9600	219	9	asymmetry	asymmetry	NOUN
easat-9600	219	10	information	information	NOUN
easat-9600	219	11	were	be	AUX
easat-9600	219	12	by	by	ADP
easat-9600	219	13	management	management	NOUN
easat-9600	219	14	knows	know	VERB
easat-9600	219	15	much	much	ADV
easat-9600	219	16	more	more	ADJ
easat-9600	219	17	about	about	ADP
easat-9600	219	18	the	the	DET
easat-9600	219	19	firm	firm	NOUN
easat-9600	219	20	’s	’s	PART
easat-9600	219	21	intentions	intention	NOUN
easat-9600	219	22	,	,	PUNCT
easat-9600	219	23	risks	risk	NOUN
easat-9600	219	24	and	and	CCONJ
easat-9600	219	25	capabilities	capability	NOUN
easat-9600	219	26	than	than	SCONJ
easat-9600	219	27	outside	outside	ADJ
easat-9600	219	28	investors	investor	NOUN
easat-9600	219	29	do	do	VERB
easat-9600	219	30	.	.	PUNCT
easat-9600	220	1	they	they	PRON
easat-9600	220	2	send	send	VERB
easat-9600	220	3	signals	signal	NOUN
easat-9600	220	4	and	and	CCONJ
easat-9600	220	5	corporate	corporate	ADJ
easat-9600	220	6	sustainability	sustainability	NOUN
easat-9600	220	7	is	be	AUX
easat-9600	220	8	one	one	NUM
easat-9600	220	9	of	of	ADP
easat-9600	220	10	the	the	DET
easat-9600	220	11	clearest	clear	ADJ
easat-9600	220	12	,	,	PUNCT
easat-9600	220	13	most	most	ADV
easat-9600	220	14	powerful	powerful	ADJ
easat-9600	220	15	signals	signal	NOUN
easat-9600	220	16	available	available	ADJ
easat-9600	220	17	today	today	NOUN
easat-9600	220	18	.	.	PUNCT
easat-9600	221	1	when	when	SCONJ
easat-9600	221	2	the	the	DET
easat-9600	221	3	market	market	NOUN
easat-9600	221	4	sees	see	VERB
easat-9600	221	5	that	that	SCONJ
easat-9600	221	6	a	a	DET
easat-9600	221	7	company	company	NOUN
easat-9600	221	8	is	be	AUX
easat-9600	221	9	genuinely	genuinely	ADV
easat-9600	221	10	committed	committed	ADJ
easat-9600	221	11	to	to	ADP
easat-9600	221	12	sustainability	sustainability	NOUN
easat-9600	221	13	under	under	ADP
easat-9600	221	14	the	the	DET
easat-9600	221	15	watchful	watchful	NOUN
easat-9600	221	16	of	of	ADP
easat-9600	221	17	serious	serious	ADJ
easat-9600	221	18	institutional	institutional	ADJ
easat-9600	221	19	investors	investor	NOUN
easat-9600	221	20	often	often	ADV
easat-9600	221	21	reacts	react	VERB
easat-9600	221	22	positively	positively	ADV
easat-9600	221	23	.	.	PUNCT
easat-9600	222	1	share	share	NOUN
easat-9600	222	2	prices	price	NOUN
easat-9600	222	3	rise	rise	VERB
easat-9600	222	4	,	,	PUNCT
easat-9600	222	5	investor	investor	NOUN
easat-9600	222	6	confidence	confidence	NOUN
easat-9600	222	7	increases	increase	NOUN
easat-9600	222	8	and	and	CCONJ
easat-9600	222	9	the	the	DET
easat-9600	222	10	company	company	NOUN
easat-9600	222	11	becomes	become	VERB
easat-9600	222	12	more	more	ADV
easat-9600	222	13	attractive	attractive	ADJ
easat-9600	222	14	.	.	PUNCT
easat-9600	223	1	this	this	PRON
easat-9600	223	2	means	mean	VERB
easat-9600	223	3	that	that	SCONJ
easat-9600	223	4	corporate	corporate	ADJ
easat-9600	223	5	sustainability	sustainability	NOUN
easat-9600	223	6	becomes	become	VERB
easat-9600	223	7	the	the	DET
easat-9600	223	8	bridge	bridge	NOUN
easat-9600	223	9	:	:	PUNCT
easat-9600	223	10	it	it	PRON
easat-9600	223	11	connects	connect	VERB
easat-9600	223	12	the	the	DET
easat-9600	223	13	pressure	pressure	NOUN
easat-9600	223	14	from	from	ADP
easat-9600	223	15	institutional	institutional	ADJ
easat-9600	223	16	ownership	ownership	NOUN
easat-9600	223	17	with	with	ADP
easat-9600	223	18	improved	improved	ADJ
easat-9600	223	19	firm	firm	ADJ
easat-9600	223	20	value	value	NOUN
easat-9600	223	21	.	.	PUNCT
easat-9600	224	1	in	in	ADP
easat-9600	224	2	other	other	ADJ
easat-9600	224	3	words	word	NOUN
easat-9600	224	4	,	,	PUNCT
easat-9600	224	5	institutional	institutional	ADJ
easat-9600	224	6	owners	owner	NOUN
easat-9600	224	7	push	push	VERB
easat-9600	224	8	for	for	ADP
easat-9600	224	9	sustainability	sustainability	NOUN
easat-9600	224	10	,	,	PUNCT
easat-9600	224	11	sustainability	sustainability	NOUN
easat-9600	224	12	builds	build	VERB
easat-9600	224	13	trust	trust	NOUN
easat-9600	224	14	and	and	CCONJ
easat-9600	224	15	credibility	credibility	NOUN
easat-9600	224	16	,	,	PUNCT
easat-9600	224	17	and	and	CCONJ
easat-9600	224	18	that	that	DET
easat-9600	224	19	trust	trust	NOUN
easat-9600	224	20	leads	lead	VERB
easat-9600	224	21	to	to	ADP
easat-9600	224	22	a	a	DET
easat-9600	224	23	stronger	strong	ADJ
easat-9600	224	24	valuation	valuation	NOUN
easat-9600	224	25	in	in	ADP
easat-9600	224	26	the	the	DET
easat-9600	224	27	market	market	NOUN
easat-9600	224	28	.	.	PUNCT
easat-9600	225	1	institutional	institutional	ADJ
easat-9600	225	2	ownership	ownership	NOUN
easat-9600	225	3	pushes	push	VERB
easat-9600	225	4	companies	company	NOUN
easat-9600	225	5	to	to	PART
easat-9600	225	6	act	act	VERB
easat-9600	225	7	more	more	ADV
easat-9600	225	8	sustainably	sustainably	ADV
easat-9600	225	9	.	.	PUNCT
easat-9600	226	1	corporate	corporate	ADJ
easat-9600	226	2	sustainability	sustainability	NOUN
easat-9600	226	3	becomes	become	VERB
easat-9600	226	4	a	a	DET
easat-9600	226	5	credible	credible	ADJ
easat-9600	226	6	signal	signal	NOUN
easat-9600	226	7	to	to	ADP
easat-9600	226	8	the	the	DET
easat-9600	226	9	market	market	NOUN
easat-9600	226	10	.	.	PUNCT
easat-9600	227	1	that	that	DET
easat-9600	227	2	signal	signal	NOUN
easat-9600	227	3	leads	lead	VERB
easat-9600	227	4	to	to	ADP
easat-9600	227	5	increased	increase	VERB
easat-9600	227	6	firm	firm	ADJ
easat-9600	227	7	value	value	NOUN
easat-9600	227	8	.	.	PUNCT
easat-9600	228	1	therefore	therefore	ADV
easat-9600	228	2	,	,	PUNCT
easat-9600	228	3	corporate	corporate	ADJ
easat-9600	228	4	sustainability	sustainability	NOUN
easat-9600	228	5	mediates	mediate	VERB
easat-9600	228	6	the	the	DET
easat-9600	228	7	relationship	relationship	NOUN
easat-9600	228	8	between	between	ADP
easat-9600	228	9	institutional	institutional	ADJ
easat-9600	228	10	ownership	ownership	NOUN
easat-9600	228	11	and	and	CCONJ
easat-9600	228	12	firm	firm	ADJ
easat-9600	228	13	value	value	NOUN
easat-9600	228	14	.	.	PUNCT
easat-9600	229	1	audit	audit	NOUN
easat-9600	229	2	quality	quality	NOUN
easat-9600	229	3	is	be	AUX
easat-9600	229	4	considered	consider	VERB
easat-9600	229	5	for	for	ADP
easat-9600	229	6	trustworthiness	trustworthiness	NOUN
easat-9600	229	7	.	.	PUNCT
easat-9600	230	1	when	when	SCONJ
easat-9600	230	2	companies	company	NOUN
easat-9600	230	3	communicate	communicate	VERB
easat-9600	230	4	their	their	PRON
easat-9600	230	5	commitment	commitment	NOUN
easat-9600	230	6	to	to	ADP
easat-9600	230	7	sustainability	sustainability	NOUN
easat-9600	230	8	through	through	ADP
easat-9600	230	9	esg	esg	PROPN
easat-9600	230	10	reports	report	NOUN
easat-9600	230	11	or	or	CCONJ
easat-9600	230	12	social	social	ADJ
easat-9600	230	13	responsibility	responsibility	NOUN
easat-9600	230	14	,	,	PUNCT
easat-9600	230	15	the	the	DET
easat-9600	230	16	market	market	NOUN
easat-9600	230	17	wants	want	VERB
easat-9600	230	18	to	to	PART
easat-9600	230	19	know	know	VERB
easat-9600	230	20	whether	whether	SCONJ
easat-9600	230	21	this	this	DET
easat-9600	230	22	information	information	NOUN
easat-9600	230	23	is	be	AUX
easat-9600	230	24	credible	credible	ADJ
easat-9600	230	25	.	.	PUNCT
easat-9600	231	1	auditors	auditor	NOUN
easat-9600	231	2	validate	validate	VERB
easat-9600	231	3	the	the	DET
easat-9600	231	4	information	information	NOUN
easat-9600	231	5	presented	present	VERB
easat-9600	231	6	by	by	ADP
easat-9600	231	7	the	the	DET
easat-9600	231	8	company	company	NOUN
easat-9600	231	9	.	.	PUNCT
easat-9600	232	1	from	from	ADP
easat-9600	232	2	a	a	DET
easat-9600	232	3	signaling	signal	VERB
easat-9600	232	4	theory	theory	NOUN
easat-9600	232	5	perspective	perspective	NOUN
easat-9600	232	6	spence	spence	NOUN
easat-9600	233	1	[	[	X
easat-9600	233	2	16	16	NUM
easat-9600	233	3	]	]	X
easat-9600	233	4	a	a	DET
easat-9600	233	5	high	high	ADJ
easat-9600	233	6	-	-	PUNCT
easat-9600	233	7	quality	quality	NOUN
easat-9600	233	8	audit	audit	NOUN
easat-9600	233	9	is	be	AUX
easat-9600	233	10	expected	expect	VERB
easat-9600	233	11	to	to	PART
easat-9600	233	12	strengthen	strengthen	VERB
easat-9600	233	13	the	the	DET
easat-9600	233	14	sustainability	sustainability	NOUN
easat-9600	233	15	signal	signal	NOUN
easat-9600	233	16	a	a	DET
easat-9600	233	17	company	company	NOUN
easat-9600	233	18	sends	send	VERB
easat-9600	233	19	to	to	ADP
easat-9600	233	20	the	the	DET
easat-9600	233	21	market	market	NOUN
easat-9600	233	22	.	.	PUNCT
easat-9600	234	1	this	this	PRON
easat-9600	234	2	means	mean	VERB
easat-9600	234	3	that	that	SCONJ
easat-9600	234	4	if	if	SCONJ
easat-9600	234	5	a	a	DET
easat-9600	234	6	company	company	NOUN
easat-9600	234	7	implements	implement	VERB
easat-9600	234	8	sustainability	sustainability	NOUN
easat-9600	234	9	and	and	CCONJ
easat-9600	234	10	supported	support	VERB
easat-9600	234	11	by	by	ADP
easat-9600	234	12	a	a	DET
easat-9600	234	13	credible	credible	ADJ
easat-9600	234	14	audit	audit	NOUN
easat-9600	234	15	,	,	PUNCT
easat-9600	234	16	the	the	DET
easat-9600	234	17	market	market	NOUN
easat-9600	234	18	will	will	AUX
easat-9600	234	19	respond	respond	VERB
easat-9600	234	20	more	more	ADV
easat-9600	234	21	positively	positively	ADV
easat-9600	234	22	,	,	PUNCT
easat-9600	234	23	increasing	increase	VERB
easat-9600	234	24	the	the	DET
easat-9600	234	25	firm	firm	ADJ
easat-9600	234	26	value	value	NOUN
easat-9600	234	27	.	.	PUNCT
easat-9600	235	1	however	however	ADV
easat-9600	235	2	,	,	PUNCT
easat-9600	235	3	in	in	ADP
easat-9600	235	4	this	this	DET
easat-9600	235	5	research	research	NOUN
easat-9600	235	6	the	the	DET
easat-9600	235	7	results	result	NOUN
easat-9600	235	8	differed	differ	VERB
easat-9600	235	9	from	from	ADP
easat-9600	235	10	expectations	expectation	NOUN
easat-9600	235	11	.	.	PUNCT
easat-9600	236	1	audit	audit	NOUN
easat-9600	236	2	quality	quality	NOUN
easat-9600	236	3	did	do	AUX
easat-9600	236	4	not	not	PART
easat-9600	236	5	significantly	significantly	ADV
easat-9600	236	6	moderate	moderate	VERB
easat-9600	236	7	the	the	DET
easat-9600	236	8	relationship	relationship	NOUN
easat-9600	236	9	between	between	ADP
easat-9600	236	10	corporate	corporate	ADJ
easat-9600	236	11	sustainability	sustainability	NOUN
easat-9600	236	12	and	and	CCONJ
easat-9600	236	13	company	company	NOUN
easat-9600	236	14	value	value	NOUN
easat-9600	236	15	.	.	PUNCT
easat-9600	237	1	in	in	ADP
easat-9600	237	2	other	other	ADJ
easat-9600	237	3	words	word	NOUN
easat-9600	237	4	,	,	PUNCT
easat-9600	237	5	whether	whether	SCONJ
easat-9600	237	6	the	the	DET
easat-9600	237	7	audit	audit	NOUN
easat-9600	237	8	is	be	AUX
easat-9600	237	9	high	high	ADJ
easat-9600	237	10	-	-	PUNCT
easat-9600	237	11	quality	quality	NOUN
easat-9600	237	12	or	or	CCONJ
easat-9600	237	13	not	not	PART
easat-9600	237	14	the	the	DET
easat-9600	237	15	effect	effect	NOUN
easat-9600	237	16	of	of	ADP
easat-9600	237	17	sustainability	sustainability	NOUN
easat-9600	237	18	on	on	ADP
easat-9600	237	19	company	company	NOUN
easat-9600	237	20	value	value	NOUN
easat-9600	237	21	remains	remain	VERB
easat-9600	237	22	the	the	DET
easat-9600	237	23	same	same	ADJ
easat-9600	237	24	.	.	PUNCT
easat-9600	238	1	this	this	PRON
easat-9600	238	2	occurs	occur	VERB
easat-9600	238	3	because	because	SCONJ
easat-9600	238	4	the	the	DET
easat-9600	238	5	sustainability	sustainability	NOUN
easat-9600	238	6	signal	signal	NOUN
easat-9600	238	7	is	be	AUX
easat-9600	238	8	strong	strong	ADJ
easat-9600	238	9	enough	enough	ADV
easat-9600	238	10	without	without	ADP
easat-9600	238	11	an	an	DET
easat-9600	238	12	audit	audit	NOUN
easat-9600	238	13	,	,	PUNCT
easat-9600	238	14	so	so	CCONJ
easat-9600	238	15	the	the	DET
easat-9600	238	16	market	market	NOUN
easat-9600	238	17	or	or	CCONJ
easat-9600	238	18	investors	investor	NOUN
easat-9600	238	19	perceive	perceive	VERB
easat-9600	238	20	a	a	DET
easat-9600	238	21	company	company	NOUN
easat-9600	238	22	's	's	PART
easat-9600	238	23	reporting	reporting	NOUN
easat-9600	238	24	of	of	ADP
easat-9600	238	25	sustainability	sustainability	NOUN
easat-9600	238	26	commitment	commitment	NOUN
easat-9600	238	27	as	as	ADP
easat-9600	238	28	credible	credible	ADJ
easat-9600	238	29	,	,	PUNCT
easat-9600	238	30	even	even	ADV
easat-9600	238	31	without	without	ADP
easat-9600	238	32	third	third	ADJ
easat-9600	238	33	-	-	PUNCT
easat-9600	238	34	party	party	NOUN
easat-9600	238	35	support	support	NOUN
easat-9600	238	36	.	.	PUNCT
easat-9600	239	1	the	the	DET
easat-9600	239	2	company	company	NOUN
easat-9600	239	3	already	already	ADV
easat-9600	239	4	has	have	VERB
easat-9600	239	5	a	a	DET
easat-9600	239	6	good	good	ADJ
easat-9600	239	7	reputation	reputation	NOUN
easat-9600	239	8	and	and	CCONJ
easat-9600	239	9	has	have	AUX
easat-9600	239	10	long	long	ADV
easat-9600	239	11	been	be	AUX
easat-9600	239	12	consistent	consistent	ADJ
easat-9600	239	13	in	in	ADP
easat-9600	239	14	esg	esg	NOUN
easat-9600	239	15	practices	practice	NOUN
easat-9600	239	16	.	.	PUNCT
easat-9600	240	1	a	a	DET
easat-9600	240	2	high	high	ADJ
easat-9600	240	3	-	-	PUNCT
easat-9600	240	4	quality	quality	NOUN
easat-9600	240	5	audit	audit	NOUN
easat-9600	240	6	is	be	AUX
easat-9600	240	7	no	no	ADV
easat-9600	240	8	longer	long	ADV
easat-9600	240	9	the	the	DET
easat-9600	240	10	determining	determine	VERB
easat-9600	240	11	factor	factor	NOUN
easat-9600	240	12	.	.	PUNCT
easat-9600	241	1	in	in	ADP
easat-9600	241	2	practice	practice	NOUN
easat-9600	241	3	,	,	PUNCT
easat-9600	241	4	the	the	DET
easat-9600	241	5	market	market	NOUN
easat-9600	241	6	may	may	AUX
easat-9600	241	7	pay	pay	VERB
easat-9600	241	8	more	more	ADJ
easat-9600	241	9	attention	attention	NOUN
easat-9600	241	10	to	to	ADP
easat-9600	241	11	a	a	DET
easat-9600	241	12	company	company	NOUN
easat-9600	241	13	's	's	PART
easat-9600	241	14	concrete	concrete	ADJ
easat-9600	241	15	sustainability	sustainability	NOUN
easat-9600	241	16	actions	action	NOUN
easat-9600	241	17	,	,	PUNCT
easat-9600	241	18	rather	rather	ADV
easat-9600	241	19	than	than	ADP
easat-9600	241	20	who	who	PRON
easat-9600	241	21	audits	audits	VERB
easat-9600	241	22	it	it	PRON
easat-9600	241	23	.	.	PUNCT
easat-9600	242	1	the	the	DET
easat-9600	242	2	primary	primary	ADJ
easat-9600	242	3	focus	focus	NOUN
easat-9600	242	4	remains	remain	VERB
easat-9600	242	5	on	on	ADP
easat-9600	242	6	financial	financial	ADJ
easat-9600	242	7	performance	performance	NOUN
easat-9600	242	8	or	or	CCONJ
easat-9600	242	9	other	other	ADJ
easat-9600	242	10	risks	risk	NOUN
easat-9600	242	11	,	,	PUNCT
easat-9600	242	12	rather	rather	ADV
easat-9600	242	13	than	than	ADP
easat-9600	242	14	the	the	DET
easat-9600	242	15	validity	validity	NOUN
easat-9600	242	16	of	of	ADP
easat-9600	242	17	esg	esg	PROPN
easat-9600	242	18	reports	report	NOUN
easat-9600	242	19	.	.	PUNCT
easat-9600	243	1	audit	audit	NOUN
easat-9600	243	2	quality	quality	NOUN
easat-9600	243	3	has	have	VERB
easat-9600	243	4	an	an	DET
easat-9600	243	5	important	important	ADJ
easat-9600	243	6	role	role	NOUN
easat-9600	243	7	in	in	ADP
easat-9600	243	8	the	the	DET
easat-9600	243	9	credibility	credibility	NOUN
easat-9600	243	10	and	and	CCONJ
easat-9600	243	11	reliability	reliability	NOUN
easat-9600	243	12	of	of	ADP
easat-9600	243	13	sustainability	sustainability	NOUN
easat-9600	243	14	information	information	NOUN
easat-9600	243	15	to	to	ADP
easat-9600	243	16	investors	investor	NOUN
easat-9600	243	17	and	and	CCONJ
easat-9600	243	18	other	other	ADJ
easat-9600	243	19	stakeholders	stakeholder	NOUN
easat-9600	243	20	.	.	PUNCT
easat-9600	244	1	highquality	highquality	NOUN
easat-9600	244	2	audits	audits	NOUN
easat-9600	244	3	by	by	ADP
easat-9600	244	4	independent	independent	ADJ
easat-9600	244	5	and	and	CCONJ
easat-9600	244	6	experienced	experienced	ADJ
easat-9600	244	7	auditors	auditor	NOUN
easat-9600	244	8	provide	provide	VERB
easat-9600	244	9	assurance	assurance	NOUN
easat-9600	244	10	that	that	SCONJ
easat-9600	244	11	the	the	DET
easat-9600	244	12	corporate	corporate	ADJ
easat-9600	244	13	sustainability	sustainability	NOUN
easat-9600	244	14	information	information	NOUN
easat-9600	244	15	is	be	AUX
easat-9600	244	16	valid	valid	ADJ
easat-9600	244	17	,	,	PUNCT
easat-9600	244	18	free	free	ADJ
easat-9600	244	19	from	from	ADP
easat-9600	244	20	manipulation	manipulation	NOUN
easat-9600	244	21	and	and	CCONJ
easat-9600	244	22	compliant	compliant	ADJ
easat-9600	244	23	with	with	ADP
easat-9600	244	24	standards	standard	NOUN
easat-9600	244	25	.	.	PUNCT
easat-9600	245	1	audit	audit	NOUN
easat-9600	245	2	quality	quality	NOUN
easat-9600	245	3	that	that	PRON
easat-9600	245	4	moderates	moderate	VERB
easat-9600	245	5	the	the	DET
easat-9600	245	6	relationship	relationship	NOUN
easat-9600	245	7	between	between	ADP
easat-9600	245	8	corporate	corporate	ADJ
easat-9600	245	9	sustainability	sustainability	NOUN
easat-9600	245	10	and	and	CCONJ
easat-9600	245	11	corporate	corporate	ADJ
easat-9600	245	12	value	value	NOUN
easat-9600	245	13	can	can	AUX
easat-9600	245	14	reduce	reduce	VERB
easat-9600	245	15	information	information	NOUN
easat-9600	245	16	asymmetry	asymmetry	NOUN
easat-9600	245	17	and	and	CCONJ
easat-9600	245	18	moral	moral	ADJ
easat-9600	245	19	hazard	hazard	NOUN
easat-9600	245	20	risks	risk	NOUN
easat-9600	245	21	,	,	PUNCT
easat-9600	245	22	and	and	CCONJ
easat-9600	245	23	ensure	ensure	VERB
easat-9600	245	24	that	that	SCONJ
easat-9600	245	25	corporate	corporate	ADJ
easat-9600	245	26	value	value	NOUN
easat-9600	245	27	reflects	reflect	VERB
easat-9600	245	28	actual	actual	ADJ
easat-9600	245	29	sustainability	sustainability	NOUN
easat-9600	245	30	performance	performance	NOUN
easat-9600	245	31	.	.	PUNCT
easat-9600	246	1	this	this	PRON
easat-9600	246	2	contrasts	contrast	VERB
easat-9600	246	3	with	with	ADP
easat-9600	246	4	the	the	DET
easat-9600	246	5	findings	finding	NOUN
easat-9600	246	6	of	of	ADP
easat-9600	246	7	tests	test	NOUN
easat-9600	246	8	showing	show	VERB
easat-9600	246	9	that	that	DET
easat-9600	246	10	audit	audit	NOUN
easat-9600	246	11	quality	quality	NOUN
easat-9600	246	12	not	not	PART
easat-9600	246	13	moderating	moderate	VERB
easat-9600	246	14	corporate	corporate	ADJ
easat-9600	246	15	sustainability	sustainability	NOUN
easat-9600	246	16	and	and	CCONJ
easat-9600	246	17	firm	firm	ADJ
easat-9600	246	18	value	value	NOUN
easat-9600	246	19	.	.	PUNCT
easat-9600	247	1	audits	audit	NOUN
easat-9600	247	2	are	be	AUX
easat-9600	247	3	more	more	ADV
easat-9600	247	4	often	often	ADV
easat-9600	247	5	associated	associate	VERB
easat-9600	247	6	with	with	ADP
easat-9600	247	7	financial	financial	ADJ
easat-9600	247	8	statements	statement	NOUN
easat-9600	247	9	rather	rather	ADV
easat-9600	247	10	than	than	ADP
easat-9600	247	11	sustainability	sustainability	NOUN
easat-9600	247	12	reports	report	NOUN
easat-9600	247	13	,	,	PUNCT
easat-9600	247	14	meaning	mean	VERB
easat-9600	247	15	that	that	SCONJ
easat-9600	247	16	audit	audit	NOUN
easat-9600	247	17	quality	quality	NOUN
easat-9600	247	18	can	can	AUX
easat-9600	247	19	not	not	PART
easat-9600	247	20	be	be	AUX
easat-9600	247	21	used	use	VERB
easat-9600	247	22	as	as	ADP
easat-9600	247	23	an	an	DET
easat-9600	247	24	indicator	indicator	NOUN
easat-9600	247	25	to	to	PART
easat-9600	247	26	assess	assess	VERB
easat-9600	247	27	the	the	DET
easat-9600	247	28	validity	validity	NOUN
easat-9600	247	29	of	of	ADP
easat-9600	247	30	corporate	corporate	ADJ
easat-9600	247	31	sustainability	sustainability	NOUN
easat-9600	247	32	.	.	PUNCT
easat-9600	248	1	stakeholders	stakeholder	NOUN
easat-9600	248	2	may	may	AUX
easat-9600	248	3	question	question	VERB
easat-9600	248	4	whether	whether	SCONJ
easat-9600	248	5	traditional	traditional	ADJ
easat-9600	248	6	auditors	auditor	NOUN
easat-9600	248	7	possess	possess	VERB
easat-9600	248	8	the	the	DET
easat-9600	248	9	competence	competence	NOUN
easat-9600	248	10	to	to	PART
easat-9600	248	11	verify	verify	VERB
easat-9600	248	12	sustainability	sustainability	NOUN
easat-9600	248	13	-	-	PUNCT
easat-9600	248	14	related	relate	VERB
easat-9600	248	15	disclosures	disclosure	NOUN
easat-9600	248	16	[	[	X
easat-9600	248	17	31	31	NUM
easat-9600	248	18	]	]	PUNCT
easat-9600	248	19	.	.	PUNCT
easat-9600	249	1	corporate	corporate	ADJ
easat-9600	249	2	sustainability	sustainability	NOUN
easat-9600	249	3	is	be	AUX
easat-9600	249	4	already	already	ADV
easat-9600	249	5	a	a	DET
easat-9600	249	6	strong	strong	ADJ
easat-9600	249	7	enough	enough	ADJ
easat-9600	249	8	signal	signal	NOUN
easat-9600	249	9	and	and	CCONJ
easat-9600	249	10	is	be	AUX
easat-9600	249	11	trusted	trust	VERB
easat-9600	249	12	by	by	ADP
easat-9600	249	13	the	the	DET
easat-9600	249	14	market	market	NOUN
easat-9600	249	15	,	,	PUNCT
easat-9600	249	16	even	even	ADV
easat-9600	249	17	without	without	ADP
easat-9600	249	18	the	the	DET
easat-9600	249	19	additional	additional	ADJ
easat-9600	249	20	role	role	NOUN
easat-9600	249	21	of	of	ADP
easat-9600	249	22	audit	audit	NOUN
easat-9600	249	23	quality	quality	NOUN
easat-9600	249	24	.	.	PUNCT
easat-9600	250	1	for	for	ADP
easat-9600	250	2	companies	company	NOUN
easat-9600	250	3	,	,	PUNCT
easat-9600	250	4	it	it	PRON
easat-9600	250	5	can	can	AUX
easat-9600	250	6	be	be	AUX
easat-9600	250	7	an	an	DET
easat-9600	250	8	important	important	ADJ
easat-9600	250	9	reminder	reminder	NOUN
easat-9600	250	10	when	when	SCONJ
easat-9600	250	11	sustainability	sustainability	NOUN
easat-9600	250	12	is	be	AUX
easat-9600	250	13	implemented	implement	VERB
easat-9600	250	14	in	in	ADP
easat-9600	250	15	a	a	DET
easat-9600	250	16	real	real	ADJ
easat-9600	250	17	and	and	CCONJ
easat-9600	250	18	transparent	transparent	ADJ
easat-9600	250	19	,	,	PUNCT
easat-9600	250	20	market	market	NOUN
easat-9600	250	21	trust	trust	NOUN
easat-9600	250	22	on	on	ADP
easat-9600	250	23	consistency	consistency	NOUN
easat-9600	250	24	and	and	CCONJ
easat-9600	250	25	concrete	concrete	ADJ
easat-9600	250	26	actions	action	NOUN
easat-9600	250	27	not	not	PART
easat-9600	250	28	just	just	ADV
easat-9600	250	29	on	on	ADP
easat-9600	250	30	who	who	PRON
easat-9600	250	31	verifies	verify	VERB
easat-9600	250	32	it	it	PRON
easat-9600	250	33	.	.	PUNCT
easat-9600	251	1	1351	1351	NUM
easat-9600	251	2	edelweiss	edelweiss	PROPN
easat-9600	251	3	applied	apply	VERB
easat-9600	251	4	science	science	NOUN
easat-9600	251	5	and	and	CCONJ
easat-9600	251	6	technology	technology	NOUN
easat-9600	251	7	issn	issn	PROPN
easat-9600	251	8	:	:	PUNCT
easat-9600	251	9	2576	2576	NUM
easat-9600	251	10	-	-	SYM
easat-9600	251	11	8484	8484	NUM
easat-9600	251	12	vol	vol	NOUN
easat-9600	251	13	.	.	PROPN
easat-9600	252	1	9	9	NUM
easat-9600	252	2	,	,	PUNCT
easat-9600	252	3	no	no	INTJ
easat-9600	252	4	.	.	NOUN
easat-9600	252	5	8	8	NUM
easat-9600	252	6	:	:	SYM
easat-9600	252	7	1343	1343	NUM
easat-9600	252	8	-	-	SYM
easat-9600	252	9	1353	1353	NUM
easat-9600	252	10	,	,	PUNCT
easat-9600	252	11	2025	2025	NUM
easat-9600	252	12	doi	doi	NOUN
easat-9600	252	13	:	:	PUNCT
easat-9600	252	14	10.55214/2576	10.55214/2576	NUM
easat-9600	252	15	-	-	SYM
easat-9600	252	16	8484.v9i8.9600	8484.v9i8.9600	NUM
easat-9600	252	17	©	©	PROPN
easat-9600	252	18	2025	2025	NUM
easat-9600	252	19	by	by	ADP
easat-9600	252	20	the	the	DET
easat-9600	252	21	authors	author	NOUN
easat-9600	252	22	;	;	PUNCT
easat-9600	252	23	licensee	licensee	PROPN
easat-9600	252	24	learning	learn	VERB
easat-9600	252	25	gate	gate	PROPN
easat-9600	252	26	institutional	institutional	ADJ
easat-9600	252	27	ownership	ownership	NOUN
easat-9600	252	28	associated	associate	VERB
easat-9600	252	29	with	with	ADP
easat-9600	252	30	controlling	control	VERB
easat-9600	252	31	by	by	ADP
easat-9600	252	32	management	management	NOUN
easat-9600	252	33	,	,	PUNCT
easat-9600	252	34	including	include	VERB
easat-9600	252	35	encouragement	encouragement	NOUN
easat-9600	252	36	of	of	ADP
easat-9600	252	37	corporate	corporate	ADJ
easat-9600	252	38	sustainability	sustainability	NOUN
easat-9600	252	39	practices	practice	NOUN
easat-9600	252	40	.	.	PUNCT
easat-9600	253	1	institutional	institutional	ADJ
easat-9600	253	2	investors	investor	NOUN
easat-9600	253	3	are	be	AUX
easat-9600	253	4	generally	generally	ADV
easat-9600	253	5	long	long	ADJ
easat-9600	253	6	-	-	PUNCT
easat-9600	253	7	term	term	NOUN
easat-9600	253	8	oriented	orient	VERB
easat-9600	253	9	,	,	PUNCT
easat-9600	253	10	encouraging	encourage	VERB
easat-9600	253	11	companies	company	NOUN
easat-9600	253	12	to	to	PART
easat-9600	253	13	implement	implement	VERB
easat-9600	253	14	esg	esg	PROPN
easat-9600	253	15	(	(	PUNCT
easat-9600	253	16	environmental	environmental	ADJ
easat-9600	253	17	,	,	PUNCT
easat-9600	253	18	social	social	ADJ
easat-9600	253	19	,	,	PUNCT
easat-9600	253	20	and	and	CCONJ
easat-9600	253	21	governance	governance	NOUN
easat-9600	253	22	)	)	PUNCT
easat-9600	253	23	principles	principle	NOUN
easat-9600	253	24	in	in	ADP
easat-9600	253	25	order	order	NOUN
easat-9600	253	26	to	to	PART
easat-9600	253	27	maintain	maintain	VERB
easat-9600	253	28	their	their	PRON
easat-9600	253	29	reputation	reputation	NOUN
easat-9600	253	30	and	and	CCONJ
easat-9600	253	31	business	business	NOUN
easat-9600	253	32	continuity	continuity	NOUN
easat-9600	253	33	,	,	PUNCT
easat-9600	253	34	which	which	PRON
easat-9600	253	35	ultimately	ultimately	ADV
easat-9600	253	36	increases	increase	VERB
easat-9600	253	37	firm	firm	ADJ
easat-9600	253	38	value	value	NOUN
easat-9600	253	39	[	[	X
easat-9600	253	40	32	32	NUM
easat-9600	253	41	,	,	PUNCT
easat-9600	253	42	33	33	NUM
easat-9600	253	43	]	]	PUNCT
easat-9600	253	44	.	.	PUNCT
easat-9600	254	1	it	it	PRON
easat-9600	254	2	is	be	AUX
easat-9600	254	3	expected	expect	VERB
easat-9600	254	4	that	that	SCONJ
easat-9600	254	5	institutional	institutional	ADJ
easat-9600	254	6	ownership	ownership	NOUN
easat-9600	254	7	indirectly	indirectly	ADV
easat-9600	254	8	influences	influence	VERB
easat-9600	254	9	firm	firm	ADJ
easat-9600	254	10	value	value	NOUN
easat-9600	254	11	by	by	ADP
easat-9600	254	12	encouraging	encourage	VERB
easat-9600	254	13	corporate	corporate	ADJ
easat-9600	254	14	sustainability	sustainability	NOUN
easat-9600	254	15	practices	practice	NOUN
easat-9600	254	16	and	and	CCONJ
easat-9600	254	17	the	the	DET
easat-9600	254	18	influence	influence	NOUN
easat-9600	254	19	is	be	AUX
easat-9600	254	20	stronger	strong	ADJ
easat-9600	254	21	if	if	SCONJ
easat-9600	254	22	the	the	DET
easat-9600	254	23	firm	firm	NOUN
easat-9600	254	24	has	have	VERB
easat-9600	254	25	high	high	ADJ
easat-9600	254	26	audit	audit	NOUN
easat-9600	254	27	quality	quality	NOUN
easat-9600	254	28	.	.	PUNCT
easat-9600	255	1	this	this	PRON
easat-9600	255	2	constitutes	constitute	VERB
easat-9600	255	3	a	a	DET
easat-9600	255	4	form	form	NOUN
easat-9600	255	5	of	of	ADP
easat-9600	255	6	moderated	moderated	ADJ
easat-9600	255	7	mediation	mediation	NOUN
easat-9600	255	8	,	,	PUNCT
easat-9600	255	9	where	where	SCONJ
easat-9600	255	10	audit	audit	NOUN
easat-9600	255	11	quality	quality	NOUN
easat-9600	255	12	is	be	AUX
easat-9600	255	13	positioned	position	VERB
easat-9600	255	14	as	as	ADP
easat-9600	255	15	strengthening	strengthen	VERB
easat-9600	255	16	the	the	DET
easat-9600	255	17	relationship	relationship	NOUN
easat-9600	255	18	between	between	ADP
easat-9600	255	19	the	the	DET
easat-9600	255	20	mediator	mediator	NOUN
easat-9600	255	21	(	(	PUNCT
easat-9600	255	22	corporate	corporate	ADJ
easat-9600	255	23	sustainability	sustainability	NOUN
easat-9600	255	24	)	)	PUNCT
easat-9600	255	25	and	and	CCONJ
easat-9600	255	26	the	the	DET
easat-9600	255	27	outcome	outcome	NOUN
easat-9600	255	28	variable	variable	NOUN
easat-9600	255	29	(	(	PUNCT
easat-9600	255	30	firm	firm	ADJ
easat-9600	255	31	value	value	NOUN
easat-9600	255	32	)	)	PUNCT
easat-9600	255	33	.	.	PUNCT
easat-9600	256	1	based	base	VERB
easat-9600	256	2	on	on	ADP
easat-9600	256	3	theoretically	theoretically	ADV
easat-9600	256	4	explanation	explanation	NOUN
easat-9600	256	5	in	in	ADP
easat-9600	256	6	line	line	NOUN
easat-9600	256	7	with	with	ADP
easat-9600	256	8	signaling	signal	VERB
easat-9600	256	9	theory	theory	NOUN
easat-9600	256	10	,	,	PUNCT
easat-9600	256	11	institutional	institutional	ADJ
easat-9600	256	12	investors	investor	NOUN
easat-9600	256	13	encourage	encourage	VERB
easat-9600	256	14	companies	company	NOUN
easat-9600	256	15	to	to	PART
easat-9600	256	16	implement	implement	VERB
easat-9600	256	17	sustainability	sustainability	NOUN
easat-9600	256	18	as	as	ADP
easat-9600	256	19	a	a	DET
easat-9600	256	20	signal	signal	NOUN
easat-9600	256	21	that	that	SCONJ
easat-9600	256	22	the	the	DET
easat-9600	256	23	company	company	NOUN
easat-9600	256	24	is	be	AUX
easat-9600	256	25	responsible	responsible	ADJ
easat-9600	256	26	and	and	CCONJ
easat-9600	256	27	long	long	ADJ
easat-9600	256	28	-	-	PUNCT
easat-9600	256	29	term	term	NOUN
easat-9600	256	30	oriented	orient	VERB
easat-9600	256	31	.	.	PUNCT
easat-9600	257	1	if	if	SCONJ
easat-9600	257	2	the	the	DET
easat-9600	257	3	signal	signal	NOUN
easat-9600	257	4	is	be	AUX
easat-9600	257	5	reinforced	reinforce	VERB
easat-9600	257	6	by	by	ADP
easat-9600	257	7	an	an	DET
easat-9600	257	8	independent	independent	ADJ
easat-9600	257	9	and	and	CCONJ
easat-9600	257	10	high	high	ADJ
easat-9600	257	11	-	-	PUNCT
easat-9600	257	12	quality	quality	NOUN
easat-9600	257	13	audit	audit	NOUN
easat-9600	257	14	,	,	PUNCT
easat-9600	257	15	the	the	DET
easat-9600	257	16	market	market	NOUN
easat-9600	257	17	should	should	AUX
easat-9600	257	18	respond	respond	VERB
easat-9600	257	19	by	by	ADP
easat-9600	257	20	giving	give	VERB
easat-9600	257	21	the	the	DET
easat-9600	257	22	company	company	NOUN
easat-9600	257	23	a	a	DET
easat-9600	257	24	higher	high	ADJ
easat-9600	257	25	valuation	valuation	NOUN
easat-9600	257	26	.	.	PUNCT
easat-9600	258	1	however	however	ADV
easat-9600	258	2	,	,	PUNCT
easat-9600	258	3	the	the	DET
easat-9600	258	4	results	result	NOUN
easat-9600	258	5	of	of	ADP
easat-9600	258	6	the	the	DET
easat-9600	258	7	study	study	NOUN
easat-9600	258	8	indicate	indicate	VERB
easat-9600	258	9	that	that	SCONJ
easat-9600	258	10	this	this	DET
easat-9600	258	11	moderated	moderated	ADJ
easat-9600	258	12	mediation	mediation	NOUN
easat-9600	258	13	is	be	AUX
easat-9600	258	14	not	not	PART
easat-9600	258	15	statistically	statistically	ADV
easat-9600	258	16	significant	significant	ADJ
easat-9600	258	17	.	.	PUNCT
easat-9600	259	1	this	this	PRON
easat-9600	259	2	means	mean	VERB
easat-9600	259	3	that	that	SCONJ
easat-9600	259	4	audit	audit	NOUN
easat-9600	259	5	quality	quality	NOUN
easat-9600	259	6	neither	neither	CCONJ
easat-9600	259	7	strengthens	strengthen	VERB
easat-9600	259	8	nor	nor	CCONJ
easat-9600	259	9	weakens	weaken	VERB
easat-9600	259	10	the	the	DET
easat-9600	259	11	indirect	indirect	ADJ
easat-9600	259	12	effect	effect	NOUN
easat-9600	259	13	between	between	ADP
easat-9600	259	14	institutional	institutional	ADJ
easat-9600	259	15	ownership	ownership	NOUN
easat-9600	259	16	and	and	CCONJ
easat-9600	259	17	firm	firm	ADJ
easat-9600	259	18	value	value	NOUN
easat-9600	259	19	through	through	ADP
easat-9600	259	20	corporate	corporate	ADJ
easat-9600	259	21	sustainability	sustainability	NOUN
easat-9600	259	22	.	.	PUNCT
easat-9600	260	1	the	the	DET
easat-9600	260	2	sustainability	sustainability	NOUN
easat-9600	260	3	signal	signal	NOUN
easat-9600	260	4	is	be	AUX
easat-9600	260	5	strong	strong	ADJ
easat-9600	260	6	enough	enough	ADV
easat-9600	260	7	without	without	ADP
easat-9600	260	8	additional	additional	ADJ
easat-9600	260	9	audits	audit	NOUN
easat-9600	260	10	.	.	PUNCT
easat-9600	261	1	the	the	DET
easat-9600	261	2	explanation	explanation	NOUN
easat-9600	261	3	is	be	AUX
easat-9600	261	4	that	that	SCONJ
easat-9600	261	5	a	a	DET
easat-9600	261	6	company	company	NOUN
easat-9600	261	7	's	's	PART
easat-9600	261	8	sustainability	sustainability	NOUN
easat-9600	261	9	practices	practice	NOUN
easat-9600	261	10	already	already	ADV
easat-9600	261	11	provide	provide	VERB
easat-9600	261	12	a	a	DET
easat-9600	261	13	strong	strong	ADJ
easat-9600	261	14	signal	signal	NOUN
easat-9600	261	15	,	,	PUNCT
easat-9600	261	16	especially	especially	ADV
easat-9600	261	17	when	when	SCONJ
easat-9600	261	18	conducted	conduct	VERB
easat-9600	261	19	consistently	consistently	ADV
easat-9600	261	20	and	and	CCONJ
easat-9600	261	21	transparently	transparently	ADV
easat-9600	261	22	.	.	PUNCT
easat-9600	262	1	under	under	ADP
easat-9600	262	2	these	these	DET
easat-9600	262	3	circumstances	circumstance	NOUN
easat-9600	262	4	,	,	PUNCT
easat-9600	262	5	the	the	DET
easat-9600	262	6	presence	presence	NOUN
easat-9600	262	7	of	of	ADP
easat-9600	262	8	a	a	DET
easat-9600	262	9	high	high	ADJ
easat-9600	262	10	-	-	PUNCT
easat-9600	262	11	quality	quality	NOUN
easat-9600	262	12	audit	audit	NOUN
easat-9600	262	13	does	do	AUX
easat-9600	262	14	not	not	PART
easat-9600	262	15	significantly	significantly	ADV
easat-9600	262	16	enhance	enhance	VERB
easat-9600	262	17	this	this	DET
easat-9600	262	18	signal	signal	NOUN
easat-9600	262	19	.	.	PUNCT
easat-9600	263	1	institutional	institutional	ADJ
easat-9600	263	2	ownership	ownership	NOUN
easat-9600	263	3	and	and	CCONJ
easat-9600	263	4	sustainability	sustainability	NOUN
easat-9600	263	5	are	be	AUX
easat-9600	263	6	already	already	ADV
easat-9600	263	7	mutually	mutually	ADV
easat-9600	263	8	reinforcing	reinforce	VERB
easat-9600	263	9	.	.	PUNCT
easat-9600	264	1	institutional	institutional	ADJ
easat-9600	264	2	investors	investor	NOUN
easat-9600	264	3	not	not	PART
easat-9600	264	4	only	only	ADV
easat-9600	264	5	encourage	encourage	VERB
easat-9600	264	6	sustainability	sustainability	NOUN
easat-9600	264	7	practices	practice	NOUN
easat-9600	264	8	but	but	CCONJ
easat-9600	264	9	can	can	AUX
easat-9600	264	10	also	also	ADV
easat-9600	264	11	act	act	VERB
easat-9600	264	12	as	as	ADP
easat-9600	264	13	guarantors	guarantor	NOUN
easat-9600	264	14	of	of	ADP
easat-9600	264	15	credibility	credibility	NOUN
easat-9600	264	16	.	.	PUNCT
easat-9600	265	1	the	the	DET
easat-9600	265	2	market	market	NOUN
easat-9600	265	3	may	may	AUX
easat-9600	265	4	view	view	VERB
easat-9600	265	5	the	the	DET
easat-9600	265	6	presence	presence	NOUN
easat-9600	265	7	of	of	ADP
easat-9600	265	8	institutional	institutional	ADJ
easat-9600	265	9	ownership	ownership	NOUN
easat-9600	265	10	as	as	ADP
easat-9600	265	11	a	a	DET
easat-9600	265	12	sufficient	sufficient	ADJ
easat-9600	265	13	indicator	indicator	NOUN
easat-9600	265	14	of	of	ADP
easat-9600	265	15	a	a	DET
easat-9600	265	16	company	company	NOUN
easat-9600	265	17	's	's	PART
easat-9600	265	18	trustworthy	trustworthy	ADJ
easat-9600	265	19	sustainability	sustainability	NOUN
easat-9600	265	20	practices	practice	NOUN
easat-9600	265	21	,	,	PUNCT
easat-9600	265	22	without	without	ADP
easat-9600	265	23	the	the	DET
easat-9600	265	24	need	need	NOUN
easat-9600	265	25	for	for	ADP
easat-9600	265	26	additional	additional	ADJ
easat-9600	265	27	strengthening	strengthening	NOUN
easat-9600	265	28	of	of	ADP
easat-9600	265	29	audit	audit	NOUN
easat-9600	265	30	quality	quality	NOUN
easat-9600	265	31	.	.	PUNCT
easat-9600	266	1	the	the	DET
easat-9600	266	2	market	market	NOUN
easat-9600	266	3	has	have	AUX
easat-9600	266	4	not	not	PART
easat-9600	266	5	yet	yet	ADV
easat-9600	266	6	placed	place	VERB
easat-9600	266	7	added	add	VERB
easat-9600	266	8	value	value	NOUN
easat-9600	266	9	on	on	ADP
easat-9600	266	10	sustainability	sustainability	NOUN
easat-9600	266	11	audits	audits	NOUN
easat-9600	266	12	.	.	PUNCT
easat-9600	267	1	investors	investor	NOUN
easat-9600	267	2	focus	focus	VERB
easat-9600	267	3	more	more	ADV
easat-9600	267	4	on	on	ADP
easat-9600	267	5	a	a	DET
easat-9600	267	6	company	company	NOUN
easat-9600	267	7	's	's	PART
easat-9600	267	8	financial	financial	ADJ
easat-9600	267	9	performance	performance	NOUN
easat-9600	267	10	or	or	CCONJ
easat-9600	267	11	historical	historical	ADJ
easat-9600	267	12	reputation	reputation	NOUN
easat-9600	267	13	,	,	PUNCT
easat-9600	267	14	so	so	SCONJ
easat-9600	267	15	audit	audit	NOUN
easat-9600	267	16	quality	quality	NOUN
easat-9600	267	17	is	be	AUX
easat-9600	267	18	not	not	PART
easat-9600	267	19	yet	yet	ADV
easat-9600	267	20	a	a	DET
easat-9600	267	21	determining	determine	VERB
easat-9600	267	22	factor	factor	NOUN
easat-9600	267	23	in	in	ADP
easat-9600	267	24	assessing	assess	VERB
easat-9600	267	25	sustainability	sustainability	NOUN
easat-9600	267	26	signals	signal	NOUN
easat-9600	267	27	.	.	PUNCT
easat-9600	268	1	audit	audit	NOUN
easat-9600	268	2	quality	quality	NOUN
easat-9600	268	3	is	be	AUX
easat-9600	268	4	generally	generally	ADV
easat-9600	268	5	viewed	view	VERB
easat-9600	268	6	as	as	ADP
easat-9600	268	7	an	an	DET
easat-9600	268	8	external	external	ADJ
easat-9600	268	9	governance	governance	NOUN
easat-9600	268	10	mechanism	mechanism	NOUN
easat-9600	268	11	capable	capable	ADJ
easat-9600	268	12	of	of	ADP
easat-9600	268	13	strengthening	strengthen	VERB
easat-9600	268	14	transparency	transparency	NOUN
easat-9600	268	15	and	and	CCONJ
easat-9600	268	16	accountability	accountability	NOUN
easat-9600	268	17	in	in	ADP
easat-9600	268	18	sustainability	sustainability	NOUN
easat-9600	268	19	reporting	reporting	NOUN
easat-9600	268	20	.	.	PUNCT
easat-9600	269	1	however	however	ADV
easat-9600	269	2	,	,	PUNCT
easat-9600	269	3	in	in	ADP
easat-9600	269	4	this	this	DET
easat-9600	269	5	context	context	NOUN
easat-9600	269	6	,	,	PUNCT
easat-9600	269	7	audit	audit	NOUN
easat-9600	269	8	quality	quality	NOUN
easat-9600	269	9	is	be	AUX
easat-9600	269	10	not	not	PART
easat-9600	269	11	strong	strong	ADJ
easat-9600	269	12	enough	enough	ADV
easat-9600	269	13	to	to	PART
easat-9600	269	14	mediate	mediate	VERB
easat-9600	269	15	the	the	DET
easat-9600	269	16	moderating	moderate	VERB
easat-9600	269	17	effect	effect	NOUN
easat-9600	269	18	of	of	ADP
easat-9600	269	19	institutional	institutional	ADJ
easat-9600	269	20	ownership	ownership	NOUN
easat-9600	269	21	through	through	ADP
easat-9600	269	22	corporate	corporate	ADJ
easat-9600	269	23	sustainability	sustainability	NOUN
easat-9600	269	24	on	on	ADP
easat-9600	269	25	firm	firm	ADJ
easat-9600	269	26	value	value	NOUN
easat-9600	269	27	.	.	PUNCT
easat-9600	270	1	6	6	X
easat-9600	270	2	.	.	X
easat-9600	270	3	conclusion	conclusion	VERB
easat-9600	270	4	the	the	DET
easat-9600	270	5	conclusion	conclusion	NOUN
easat-9600	270	6	of	of	ADP
easat-9600	270	7	the	the	DET
easat-9600	270	8	study	study	NOUN
easat-9600	270	9	shows	show	VERB
easat-9600	270	10	that	that	SCONJ
easat-9600	270	11	institutional	institutional	ADJ
easat-9600	270	12	ownership	ownership	NOUN
easat-9600	270	13	has	have	VERB
easat-9600	270	14	an	an	DET
easat-9600	270	15	effect	effect	NOUN
easat-9600	270	16	on	on	ADP
easat-9600	270	17	firm	firm	ADJ
easat-9600	270	18	value	value	NOUN
easat-9600	270	19	that	that	PRON
easat-9600	270	20	is	be	AUX
easat-9600	270	21	mediated	mediate	VERB
easat-9600	270	22	by	by	ADP
easat-9600	270	23	corporate	corporate	ADJ
easat-9600	270	24	sustainability	sustainability	NOUN
easat-9600	270	25	.	.	PUNCT
easat-9600	271	1	meanwhile	meanwhile	ADV
easat-9600	271	2	,	,	PUNCT
easat-9600	271	3	the	the	DET
easat-9600	271	4	influence	influence	NOUN
easat-9600	271	5	of	of	ADP
easat-9600	271	6	corporate	corporate	ADJ
easat-9600	271	7	sustainability	sustainability	NOUN
easat-9600	271	8	on	on	ADP
easat-9600	271	9	firm	firm	ADJ
easat-9600	271	10	value	value	NOUN
easat-9600	271	11	moderated	moderate	VERB
easat-9600	271	12	by	by	ADP
easat-9600	271	13	audit	audit	NOUN
easat-9600	271	14	quality	quality	NOUN
easat-9600	271	15	,	,	PUNCT
easat-9600	271	16	the	the	DET
easat-9600	271	17	influence	influence	NOUN
easat-9600	271	18	of	of	ADP
easat-9600	271	19	institutional	institutional	ADJ
easat-9600	271	20	ownership	ownership	NOUN
easat-9600	271	21	on	on	ADP
easat-9600	271	22	firm	firm	ADJ
easat-9600	271	23	value	value	NOUN
easat-9600	271	24	moderated	moderate	VERB
easat-9600	271	25	by	by	ADP
easat-9600	271	26	audit	audit	NOUN
easat-9600	271	27	quality	quality	NOUN
easat-9600	271	28	,	,	PUNCT
easat-9600	271	29	and	and	CCONJ
easat-9600	271	30	the	the	DET
easat-9600	271	31	influence	influence	NOUN
easat-9600	271	32	of	of	ADP
easat-9600	271	33	institutional	institutional	ADJ
easat-9600	271	34	ownership	ownership	NOUN
easat-9600	271	35	on	on	ADP
easat-9600	271	36	firm	firm	ADJ
easat-9600	271	37	value	value	NOUN
easat-9600	271	38	mediated	mediate	VERB
easat-9600	271	39	by	by	ADP
easat-9600	271	40	corporate	corporate	ADJ
easat-9600	271	41	sustainability	sustainability	NOUN
easat-9600	271	42	and	and	CCONJ
easat-9600	271	43	moderated	moderate	VERB
easat-9600	271	44	by	by	ADP
easat-9600	271	45	audit	audit	NOUN
easat-9600	271	46	quality	quality	NOUN
easat-9600	271	47	are	be	AUX
easat-9600	271	48	not	not	PART
easat-9600	271	49	significantly	significantly	ADV
easat-9600	271	50	influential	influential	ADJ
easat-9600	271	51	.	.	PUNCT
easat-9600	272	1	this	this	PRON
easat-9600	272	2	is	be	AUX
easat-9600	272	3	because	because	SCONJ
easat-9600	272	4	audit	audit	NOUN
easat-9600	272	5	quality	quality	NOUN
easat-9600	272	6	,	,	PUNCT
easat-9600	272	7	which	which	PRON
easat-9600	272	8	is	be	AUX
easat-9600	272	9	considered	consider	VERB
easat-9600	272	10	capable	capable	ADJ
easat-9600	272	11	of	of	ADP
easat-9600	272	12	increasing	increase	VERB
easat-9600	272	13	firm	firm	ADJ
easat-9600	272	14	value	value	NOUN
easat-9600	272	15	through	through	ADP
easat-9600	272	16	supervision	supervision	NOUN
easat-9600	272	17	by	by	ADP
easat-9600	272	18	institutional	institutional	ADJ
easat-9600	272	19	investors	investor	NOUN
easat-9600	272	20	,	,	PUNCT
easat-9600	272	21	does	do	AUX
easat-9600	272	22	not	not	PART
easat-9600	272	23	have	have	VERB
easat-9600	272	24	a	a	DET
easat-9600	272	25	significant	significant	ADJ
easat-9600	272	26	influence	influence	NOUN
easat-9600	272	27	.	.	PUNCT
easat-9600	273	1	sustainability	sustainability	NOUN
easat-9600	273	2	initiatives	initiative	NOUN
easat-9600	273	3	like	like	ADP
easat-9600	273	4	reducing	reduce	VERB
easat-9600	273	5	environmental	environmental	ADJ
easat-9600	273	6	impact	impact	NOUN
easat-9600	273	7	,	,	PUNCT
easat-9600	273	8	treating	treat	VERB
easat-9600	273	9	employees	employee	NOUN
easat-9600	273	10	fairly	fairly	ADV
easat-9600	273	11	,	,	PUNCT
easat-9600	273	12	and	and	CCONJ
easat-9600	273	13	maintaining	maintain	VERB
easat-9600	273	14	ethical	ethical	ADJ
easat-9600	273	15	business	business	NOUN
easat-9600	273	16	practices	practice	NOUN
easat-9600	273	17	are	be	AUX
easat-9600	273	18	more	more	ADJ
easat-9600	273	19	than	than	ADP
easat-9600	273	20	just	just	ADV
easat-9600	273	21	corporate	corporate	ADJ
easat-9600	273	22	social	social	ADJ
easat-9600	273	23	responsibility	responsibility	NOUN
easat-9600	273	24	.	.	PUNCT
easat-9600	274	1	in	in	ADP
easat-9600	274	2	the	the	DET
easat-9600	274	3	eyes	eye	NOUN
easat-9600	274	4	of	of	ADP
easat-9600	274	5	investors	investor	NOUN
easat-9600	274	6	,	,	PUNCT
easat-9600	274	7	these	these	DET
easat-9600	274	8	actions	action	NOUN
easat-9600	274	9	send	send	VERB
easat-9600	274	10	a	a	DET
easat-9600	274	11	positive	positive	ADJ
easat-9600	274	12	signal	signal	NOUN
easat-9600	274	13	that	that	SCONJ
easat-9600	274	14	the	the	DET
easat-9600	274	15	company	company	NOUN
easat-9600	274	16	is	be	AUX
easat-9600	274	17	forward	forward	ADV
easat-9600	274	18	-	-	PUNCT
easat-9600	274	19	thinking	thinking	NOUN
easat-9600	274	20	,	,	PUNCT
easat-9600	274	21	managing	manage	VERB
easat-9600	274	22	its	its	PRON
easat-9600	274	23	risks	risk	NOUN
easat-9600	274	24	,	,	PUNCT
easat-9600	274	25	and	and	CCONJ
easat-9600	274	26	committed	commit	VERB
easat-9600	274	27	to	to	ADP
easat-9600	274	28	long	long	ADJ
easat-9600	274	29	-	-	PUNCT
easat-9600	274	30	term	term	NOUN
easat-9600	274	31	value	value	NOUN
easat-9600	274	32	.	.	PUNCT
easat-9600	275	1	because	because	SCONJ
easat-9600	275	2	these	these	DET
easat-9600	275	3	actions	action	NOUN
easat-9600	275	4	are	be	AUX
easat-9600	275	5	often	often	ADV
easat-9600	275	6	voluntary	voluntary	ADJ
easat-9600	275	7	and	and	CCONJ
easat-9600	275	8	can	can	AUX
easat-9600	275	9	be	be	AUX
easat-9600	275	10	costly	costly	ADJ
easat-9600	275	11	to	to	PART
easat-9600	275	12	implement	implement	VERB
easat-9600	275	13	,	,	PUNCT
easat-9600	275	14	they	they	PRON
easat-9600	275	15	are	be	AUX
easat-9600	275	16	seen	see	VERB
easat-9600	275	17	as	as	ADP
easat-9600	275	18	credible	credible	ADJ
easat-9600	275	19	not	not	PART
easat-9600	275	20	just	just	ADV
easat-9600	275	21	lip	lip	NOUN
easat-9600	275	22	service	service	NOUN
easat-9600	275	23	or	or	CCONJ
easat-9600	275	24	greenwashing	greenwashing	NOUN
easat-9600	275	25	.	.	PUNCT
easat-9600	276	1	this	this	PRON
easat-9600	276	2	is	be	AUX
easat-9600	276	3	where	where	SCONJ
easat-9600	276	4	the	the	DET
easat-9600	276	5	link	link	NOUN
easat-9600	276	6	to	to	PART
easat-9600	276	7	firm	firm	ADJ
easat-9600	276	8	value	value	NOUN
easat-9600	276	9	becomes	become	VERB
easat-9600	276	10	clear	clear	ADJ
easat-9600	276	11	.	.	PUNCT
easat-9600	277	1	when	when	SCONJ
easat-9600	277	2	the	the	DET
easat-9600	277	3	market	market	NOUN
easat-9600	277	4	recognizes	recognize	VERB
easat-9600	277	5	and	and	CCONJ
easat-9600	277	6	trusts	trust	VERB
easat-9600	277	7	these	these	DET
easat-9600	277	8	sustainability	sustainability	NOUN
easat-9600	277	9	efforts	effort	NOUN
easat-9600	277	10	especially	especially	ADV
easat-9600	277	11	when	when	SCONJ
easat-9600	277	12	they	they	PRON
easat-9600	277	13	are	be	AUX
easat-9600	277	14	backed	back	VERB
easat-9600	277	15	by	by	ADP
easat-9600	277	16	strong	strong	ADJ
easat-9600	277	17	institutional	institutional	ADJ
easat-9600	277	18	ownership	ownership	NOUN
easat-9600	277	19	investors	investor	NOUN
easat-9600	277	20	tend	tend	VERB
easat-9600	277	21	to	to	PART
easat-9600	277	22	respond	respond	VERB
easat-9600	277	23	positively	positively	ADV
easat-9600	277	24	.	.	PUNCT
easat-9600	278	1	the	the	DET
easat-9600	278	2	result	result	NOUN
easat-9600	278	3	is	be	AUX
easat-9600	278	4	a	a	DET
easat-9600	278	5	stronger	strong	ADJ
easat-9600	278	6	reputation	reputation	NOUN
easat-9600	278	7	,	,	PUNCT
easat-9600	278	8	better	well	ADJ
easat-9600	278	9	investor	investor	NOUN
easat-9600	278	10	confidence	confidence	NOUN
easat-9600	278	11	,	,	PUNCT
easat-9600	278	12	and	and	CCONJ
easat-9600	278	13	ultimately	ultimately	ADV
easat-9600	278	14	,	,	PUNCT
easat-9600	278	15	a	a	DET
easat-9600	278	16	higher	high	ADJ
easat-9600	278	17	firm	firm	ADJ
easat-9600	278	18	value	value	NOUN
easat-9600	278	19	.	.	PUNCT
easat-9600	279	1	institutional	institutional	ADJ
easat-9600	279	2	ownership	ownership	NOUN
easat-9600	279	3	encourages	encourage	VERB
easat-9600	279	4	companies	company	NOUN
easat-9600	279	5	to	to	PART
easat-9600	279	6	send	send	VERB
easat-9600	279	7	strong	strong	ADJ
easat-9600	279	8	signals	signal	NOUN
easat-9600	279	9	to	to	ADP
easat-9600	279	10	the	the	DET
easat-9600	279	11	market	market	NOUN
easat-9600	279	12	through	through	ADP
easat-9600	279	13	corporate	corporate	ADJ
easat-9600	279	14	sustainability	sustainability	NOUN
easat-9600	279	15	practices	practice	NOUN
easat-9600	279	16	.	.	PUNCT
easat-9600	280	1	and	and	CCONJ
easat-9600	280	2	when	when	SCONJ
easat-9600	280	3	these	these	DET
easat-9600	280	4	signals	signal	NOUN
easat-9600	280	5	are	be	AUX
easat-9600	280	6	seen	see	VERB
easat-9600	280	7	as	as	ADP
easat-9600	280	8	genuine	genuine	ADJ
easat-9600	280	9	and	and	CCONJ
easat-9600	280	10	trustworthy	trustworthy	ADJ
easat-9600	280	11	,	,	PUNCT
easat-9600	280	12	they	they	PRON
easat-9600	280	13	help	help	VERB
easat-9600	280	14	enhance	enhance	VERB
easat-9600	280	15	the	the	DET
easat-9600	280	16	firm	firm	NOUN
easat-9600	280	17	’s	’s	PART
easat-9600	280	18	value	value	NOUN
easat-9600	280	19	.	.	PUNCT
easat-9600	281	1	this	this	DET
easat-9600	281	2	entire	entire	ADJ
easat-9600	281	3	process	process	NOUN
easat-9600	281	4	is	be	AUX
easat-9600	281	5	well	well	ADV
easat-9600	281	6	explained	explain	VERB
easat-9600	281	7	through	through	ADP
easat-9600	281	8	the	the	DET
easat-9600	281	9	lens	lens	NOUN
easat-9600	281	10	of	of	ADP
easat-9600	281	11	signaling	signal	VERB
easat-9600	281	12	theory	theory	NOUN
easat-9600	281	13	,	,	PUNCT
easat-9600	281	14	making	make	VERB
easat-9600	281	15	it	it	PRON
easat-9600	281	16	a	a	DET
easat-9600	281	17	valuable	valuable	ADJ
easat-9600	281	18	framework	framework	NOUN
easat-9600	281	19	for	for	ADP
easat-9600	281	20	understanding	understand	VERB
easat-9600	281	21	how	how	SCONJ
easat-9600	281	22	ownership	ownership	NOUN
easat-9600	281	23	structure	structure	NOUN
easat-9600	281	24	,	,	PUNCT
easat-9600	281	25	sustainability	sustainability	NOUN
easat-9600	281	26	,	,	PUNCT
easat-9600	281	27	and	and	CCONJ
easat-9600	281	28	firm	firm	ADJ
easat-9600	281	29	value	value	NOUN
easat-9600	281	30	are	be	AUX
easat-9600	281	31	connected	connect	VERB
easat-9600	281	32	.	.	PUNCT
easat-9600	282	1	1352	1352	NUM
easat-9600	282	2	edelweiss	edelweiss	PROPN
easat-9600	282	3	applied	apply	VERB
easat-9600	282	4	science	science	NOUN
easat-9600	282	5	and	and	CCONJ
easat-9600	282	6	technology	technology	NOUN
easat-9600	282	7	issn	issn	PROPN
easat-9600	282	8	:	:	PUNCT
easat-9600	282	9	2576	2576	NUM
easat-9600	282	10	-	-	SYM
easat-9600	282	11	8484	8484	NUM
easat-9600	282	12	vol	vol	NOUN
easat-9600	282	13	.	.	PROPN
easat-9600	283	1	9	9	NUM
easat-9600	283	2	,	,	PUNCT
easat-9600	283	3	no	no	INTJ
easat-9600	283	4	.	.	NOUN
easat-9600	283	5	8	8	NUM
easat-9600	283	6	:	:	SYM
easat-9600	283	7	1343	1343	NUM
easat-9600	283	8	-	-	SYM
easat-9600	283	9	1353	1353	NUM
easat-9600	283	10	,	,	PUNCT
easat-9600	283	11	2025	2025	NUM
easat-9600	283	12	doi	doi	NOUN
easat-9600	283	13	:	:	PUNCT
easat-9600	283	14	10.55214/2576	10.55214/2576	NUM
easat-9600	283	15	-	-	SYM
easat-9600	283	16	8484.v9i8.9600	8484.v9i8.9600	NUM
easat-9600	283	17	©	©	PROPN
easat-9600	283	18	2025	2025	NUM
easat-9600	283	19	by	by	ADP
easat-9600	283	20	the	the	DET
easat-9600	283	21	authors	author	NOUN
easat-9600	283	22	;	;	PUNCT
easat-9600	283	23	licensee	licensee	PROPN
easat-9600	283	24	learning	learn	VERB
easat-9600	283	25	gate	gate	NOUN
easat-9600	283	26	transparency	transparency	NOUN
easat-9600	283	27	:	:	PUNCT
easat-9600	283	28	the	the	DET
easat-9600	283	29	authors	author	NOUN
easat-9600	283	30	confirm	confirm	VERB
easat-9600	283	31	that	that	SCONJ
easat-9600	283	32	the	the	DET
easat-9600	283	33	manuscript	manuscript	NOUN
easat-9600	283	34	is	be	AUX
easat-9600	283	35	an	an	DET
easat-9600	283	36	honest	honest	ADJ
easat-9600	283	37	,	,	PUNCT
easat-9600	283	38	accurate	accurate	ADJ
easat-9600	283	39	,	,	PUNCT
easat-9600	283	40	and	and	CCONJ
easat-9600	283	41	transparent	transparent	ADJ
easat-9600	283	42	account	account	NOUN
easat-9600	283	43	of	of	ADP
easat-9600	283	44	the	the	DET
easat-9600	283	45	study	study	NOUN
easat-9600	283	46	;	;	PUNCT
easat-9600	283	47	that	that	SCONJ
easat-9600	283	48	no	no	DET
easat-9600	283	49	vital	vital	ADJ
easat-9600	283	50	features	feature	NOUN
easat-9600	283	51	of	of	ADP
easat-9600	283	52	the	the	DET
easat-9600	283	53	study	study	NOUN
easat-9600	283	54	have	have	AUX
easat-9600	283	55	been	be	AUX
easat-9600	283	56	omitted	omit	VERB
easat-9600	283	57	;	;	PUNCT
easat-9600	283	58	and	and	CCONJ
easat-9600	283	59	that	that	SCONJ
easat-9600	283	60	any	any	DET
easat-9600	283	61	discrepancies	discrepancy	NOUN
easat-9600	283	62	from	from	ADP
easat-9600	283	63	the	the	DET
easat-9600	283	64	study	study	NOUN
easat-9600	283	65	as	as	SCONJ
easat-9600	283	66	planned	plan	VERB
easat-9600	283	67	have	have	AUX
easat-9600	283	68	been	be	AUX
easat-9600	283	69	explained	explain	VERB
easat-9600	283	70	.	.	PUNCT
easat-9600	284	1	this	this	DET
easat-9600	284	2	study	study	NOUN
easat-9600	284	3	followed	follow	VERB
easat-9600	284	4	all	all	DET
easat-9600	284	5	ethical	ethical	ADJ
easat-9600	284	6	practices	practice	NOUN
easat-9600	284	7	during	during	ADP
easat-9600	284	8	writing	writing	NOUN
easat-9600	284	9	.	.	PUNCT
easat-9600	285	1	copyright	copyright	NOUN
easat-9600	285	2	:	:	PUNCT
easat-9600	285	3	©	©	PROPN
easat-9600	285	4	2025	2025	NUM
easat-9600	285	5	by	by	ADP
easat-9600	285	6	the	the	DET
easat-9600	285	7	authors	author	NOUN
easat-9600	285	8	.	.	PUNCT
easat-9600	286	1	this	this	DET
easat-9600	286	2	open	open	ADJ
easat-9600	286	3	-	-	PUNCT
easat-9600	286	4	access	access	NOUN
easat-9600	286	5	article	article	NOUN
easat-9600	286	6	is	be	AUX
easat-9600	286	7	distributed	distribute	VERB
easat-9600	286	8	under	under	ADP
easat-9600	286	9	the	the	DET
easat-9600	286	10	terms	term	NOUN
easat-9600	286	11	and	and	CCONJ
easat-9600	286	12	conditions	condition	NOUN
easat-9600	286	13	of	of	ADP
easat-9600	286	14	the	the	DET
easat-9600	286	15	creative	creative	ADJ
easat-9600	286	16	commons	common	NOUN
easat-9600	286	17	attribution	attribution	NOUN
easat-9600	286	18	(	(	PUNCT
easat-9600	286	19	cc	cc	NOUN
easat-9600	286	20	by	by	ADP
easat-9600	286	21	)	)	PUNCT
easat-9600	286	22	license	license	NOUN
easat-9600	286	23	(	(	PUNCT
easat-9600	286	24	https://creativecommons.org/licenses/by/4.0/	https://creativecommons.org/licenses/by/4.0/	PROPN
easat-9600	286	25	)	)	PUNCT
easat-9600	286	26	.	.	PUNCT
easat-9600	287	1	references	reference	NOUN
easat-9600	287	2	[	[	X
easat-9600	287	3	1	1	NUM
easat-9600	287	4	]	]	PUNCT
easat-9600	287	5	m.	m.	NOUN
easat-9600	287	6	friedman	friedman	PROPN
easat-9600	287	7	,	,	PUNCT
easat-9600	287	8	"	"	PUNCT
easat-9600	287	9	the	the	DET
easat-9600	287	10	social	social	ADJ
easat-9600	287	11	responsibility	responsibility	NOUN
easat-9600	287	12	of	of	ADP
easat-9600	287	13	business	business	NOUN
easat-9600	287	14	is	be	AUX
easat-9600	287	15	to	to	PART
easat-9600	287	16	increase	increase	VERB
easat-9600	287	17	its	its	PRON
easat-9600	287	18	profits	profit	NOUN
easat-9600	287	19	,	,	PUNCT
easat-9600	287	20	"	"	PUNCT
easat-9600	287	21	new	new	PROPN
easat-9600	287	22	york	york	PROPN
easat-9600	287	23	times	times	PROPN
easat-9600	287	24	magazine	magazine	PROPN
easat-9600	287	25	,	,	PUNCT
easat-9600	287	26	vol	vol	NOUN
easat-9600	287	27	.	.	PROPN
easat-9600	287	28	13	13	NUM
easat-9600	287	29	,	,	PUNCT
easat-9600	287	30	pp	pp	ADJ
easat-9600	287	31	.	.	PUNCT
easat-9600	288	1	32	32	NUM
easat-9600	288	2	-	-	SYM
easat-9600	288	3	33	33	NUM
easat-9600	288	4	,	,	PUNCT
easat-9600	288	5	1970	1970	NUM
easat-9600	288	6	.	.	PUNCT
easat-9600	289	1	[	[	X
easat-9600	289	2	2	2	NUM
easat-9600	289	3	]	]	X
easat-9600	289	4	n.	n.	NOUN
easat-9600	289	5	vorster	vorster	NOUN
easat-9600	289	6	,	,	PUNCT
easat-9600	289	7	"	"	PUNCT
easat-9600	289	8	an	an	DET
easat-9600	289	9	ethical	ethical	ADJ
easat-9600	289	10	critique	critique	NOUN
easat-9600	289	11	of	of	ADP
easat-9600	289	12	milton	milton	PROPN
easat-9600	289	13	friedman	friedman	PROPN
easat-9600	289	14	s	s	PART
easat-9600	289	15	doctrine	doctrine	NOUN
easat-9600	289	16	on	on	ADP
easat-9600	289	17	economics	economic	NOUN
easat-9600	289	18	and	and	CCONJ
easat-9600	289	19	freedom	freedom	NOUN
easat-9600	289	20	,	,	PUNCT
easat-9600	289	21	"	"	PUNCT
easat-9600	289	22	journal	journal	NOUN
easat-9600	289	23	for	for	ADP
easat-9600	289	24	the	the	DET
easat-9600	289	25	study	study	NOUN
easat-9600	289	26	of	of	ADP
easat-9600	289	27	religions	religion	NOUN
easat-9600	289	28	and	and	CCONJ
easat-9600	289	29	ideologies	ideology	NOUN
easat-9600	289	30	,	,	PUNCT
easat-9600	289	31	vol	vol	NOUN
easat-9600	289	32	.	.	PROPN
easat-9600	289	33	9	9	NUM
easat-9600	289	34	,	,	PUNCT
easat-9600	289	35	no	no	INTJ
easat-9600	289	36	.	.	NOUN
easat-9600	289	37	26	26	NUM
easat-9600	289	38	,	,	PUNCT
easat-9600	289	39	pp	pp	ADJ
easat-9600	289	40	.	.	PUNCT
easat-9600	290	1	163	163	NUM
easat-9600	290	2	-	-	SYM
easat-9600	290	3	188	188	NUM
easat-9600	290	4	,	,	PUNCT
easat-9600	290	5	2010	2010	NUM
easat-9600	290	6	.	.	PUNCT
easat-9600	291	1	[	[	X
easat-9600	291	2	3	3	X
easat-9600	291	3	]	]	X
easat-9600	291	4	j.	j.	PROPN
easat-9600	291	5	frooman	frooman	PROPN
easat-9600	291	6	,	,	PUNCT
easat-9600	291	7	"	"	PUNCT
easat-9600	291	8	stakeholder	stakeholder	NOUN
easat-9600	291	9	influence	influence	NOUN
easat-9600	291	10	strategies	strategy	NOUN
easat-9600	291	11	,	,	PUNCT
easat-9600	291	12	"	"	PUNCT
easat-9600	291	13	academy	academy	NOUN
easat-9600	291	14	of	of	ADP
easat-9600	291	15	management	management	PROPN
easat-9600	291	16	review	review	PROPN
easat-9600	291	17	,	,	PUNCT
easat-9600	291	18	vol	vol	NOUN
easat-9600	291	19	.	.	PROPN
easat-9600	292	1	24	24	NUM
easat-9600	292	2	,	,	PUNCT
easat-9600	292	3	no	no	INTJ
easat-9600	292	4	.	.	NOUN
easat-9600	292	5	2	2	NUM
easat-9600	292	6	,	,	PUNCT
easat-9600	292	7	pp	pp	ADJ
easat-9600	292	8	.	.	PUNCT
easat-9600	293	1	191	191	NUM
easat-9600	293	2	-	-	SYM
easat-9600	293	3	205	205	NUM
easat-9600	293	4	,	,	PUNCT
easat-9600	293	5	1999	1999	NUM
easat-9600	293	6	.	.	PUNCT
easat-9600	294	1	https://doi.org/10.5465/amr.1999.1893928	https://doi.org/10.5465/amr.1999.1893928	NOUN
easat-9600	295	1	[	[	X
easat-9600	295	2	4	4	NUM
easat-9600	295	3	]	]	PUNCT
easat-9600	295	4	k.	k.	NOUN
easat-9600	295	5	pajunen	pajunen	PROPN
easat-9600	295	6	,	,	PUNCT
easat-9600	295	7	"	"	PUNCT
easat-9600	295	8	stakeholder	stakeholder	NOUN
easat-9600	295	9	influences	influence	VERB
easat-9600	295	10	in	in	ADP
easat-9600	295	11	organizational	organizational	ADJ
easat-9600	295	12	survival	survival	NOUN
easat-9600	295	13	,	,	PUNCT
easat-9600	295	14	"	"	PUNCT
easat-9600	295	15	journal	journal	NOUN
easat-9600	295	16	of	of	ADP
easat-9600	295	17	management	management	NOUN
easat-9600	295	18	studies	study	NOUN
easat-9600	295	19	,	,	PUNCT
easat-9600	295	20	vol	vol	NOUN
easat-9600	295	21	.	.	PROPN
easat-9600	295	22	43	43	NUM
easat-9600	295	23	,	,	PUNCT
easat-9600	295	24	no	no	INTJ
easat-9600	295	25	.	.	NOUN
easat-9600	295	26	6	6	NUM
easat-9600	295	27	,	,	PUNCT
easat-9600	295	28	pp	pp	ADJ
easat-9600	295	29	.	.	PUNCT
easat-9600	296	1	1261	1261	NUM
easat-9600	296	2	-	-	SYM
easat-9600	296	3	1288	1288	NUM
easat-9600	296	4	,	,	PUNCT
easat-9600	296	5	2006	2006	NUM
easat-9600	296	6	.	.	PUNCT
easat-9600	297	1	https://doi.org/10.1111/j.1467-6486.2006.00624.x	https://doi.org/10.1111/j.1467-6486.2006.00624.x	ADJ
easat-9600	298	1	[	[	X
easat-9600	298	2	5	5	X
easat-9600	298	3	]	]	PUNCT
easat-9600	298	4	m.	m.	PROPN
easat-9600	298	5	e.	e.	PROPN
easat-9600	298	6	clarkson	clarkson	PROPN
easat-9600	298	7	,	,	PUNCT
easat-9600	298	8	"	"	PUNCT
easat-9600	298	9	a	a	DET
easat-9600	298	10	stakeholder	stakeholder	NOUN
easat-9600	298	11	framework	framework	NOUN
easat-9600	298	12	for	for	ADP
easat-9600	298	13	analyzing	analyze	VERB
easat-9600	298	14	and	and	CCONJ
easat-9600	298	15	evaluating	evaluate	VERB
easat-9600	298	16	corporate	corporate	ADJ
easat-9600	298	17	social	social	ADJ
easat-9600	298	18	performance	performance	NOUN
easat-9600	298	19	,	,	PUNCT
easat-9600	298	20	"	"	PUNCT
easat-9600	298	21	academy	academy	NOUN
easat-9600	298	22	of	of	ADP
easat-9600	298	23	management	management	PROPN
easat-9600	298	24	review	review	PROPN
easat-9600	298	25	,	,	PUNCT
easat-9600	298	26	vol	vol	NOUN
easat-9600	298	27	.	.	PROPN
easat-9600	298	28	20	20	NUM
easat-9600	298	29	,	,	PUNCT
easat-9600	298	30	no	no	INTJ
easat-9600	298	31	.	.	NOUN
easat-9600	298	32	1	1	NUM
easat-9600	298	33	,	,	PUNCT
easat-9600	298	34	pp	pp	ADJ
easat-9600	298	35	.	.	PUNCT
easat-9600	299	1	92	92	NUM
easat-9600	299	2	-	-	SYM
easat-9600	299	3	117	117	NUM
easat-9600	299	4	,	,	PUNCT
easat-9600	299	5	1995	1995	NUM
easat-9600	299	6	.	.	PUNCT
easat-9600	300	1	https://doi.org/10.5465/amr.1995.9503271994	https://doi.org/10.5465/amr.1995.9503271994	VERB
easat-9600	300	2	[	[	X
easat-9600	300	3	6	6	NUM
easat-9600	300	4	]	]	PUNCT
easat-9600	300	5	w.	w.	PROPN
easat-9600	300	6	cragg	cragg	PROPN
easat-9600	300	7	and	and	CCONJ
easat-9600	300	8	a.	a.	NOUN
easat-9600	300	9	greenbaum	greenbaum	PROPN
easat-9600	300	10	,	,	PUNCT
easat-9600	300	11	"	"	PUNCT
easat-9600	300	12	reasoning	reason	VERB
easat-9600	300	13	about	about	ADP
easat-9600	300	14	responsibilities	responsibility	NOUN
easat-9600	300	15	:	:	PUNCT
easat-9600	300	16	mining	mining	NOUN
easat-9600	300	17	company	company	NOUN
easat-9600	300	18	managers	manager	NOUN
easat-9600	300	19	on	on	ADP
easat-9600	300	20	what	what	PRON
easat-9600	300	21	stakeholders	stakeholder	NOUN
easat-9600	300	22	are	be	AUX
easat-9600	300	23	owed	owe	VERB
easat-9600	300	24	,	,	PUNCT
easat-9600	300	25	"	"	PUNCT
easat-9600	300	26	journal	journal	NOUN
easat-9600	300	27	of	of	ADP
easat-9600	300	28	business	business	NOUN
easat-9600	300	29	ethics	ethic	NOUN
easat-9600	300	30	,	,	PUNCT
easat-9600	300	31	vol	vol	NOUN
easat-9600	300	32	.	.	PROPN
easat-9600	300	33	39	39	NUM
easat-9600	300	34	,	,	PUNCT
easat-9600	300	35	no	no	INTJ
easat-9600	300	36	.	.	NOUN
easat-9600	300	37	3	3	NUM
easat-9600	300	38	,	,	PUNCT
easat-9600	300	39	pp	pp	ADJ
easat-9600	300	40	.	.	PUNCT
easat-9600	301	1	319	319	NUM
easat-9600	301	2	-	-	SYM
easat-9600	301	3	335	335	NUM
easat-9600	301	4	,	,	PUNCT
easat-9600	301	5	2002	2002	NUM
easat-9600	301	6	.	.	PUNCT
easat-9600	302	1	https://doi.org/10.1023/a:1016523113429	https://doi.org/10.1023/a:1016523113429	ADJ
easat-9600	302	2	[	[	X
easat-9600	302	3	7	7	NUM
easat-9600	302	4	]	]	ADJ
easat-9600	302	5	a.	a.	NOUN
easat-9600	302	6	argandoña	argandoña	NOUN
easat-9600	302	7	,	,	PUNCT
easat-9600	302	8	"	"	PUNCT
easat-9600	302	9	the	the	DET
easat-9600	302	10	stakeholder	stakeholder	NOUN
easat-9600	302	11	theory	theory	NOUN
easat-9600	302	12	and	and	CCONJ
easat-9600	302	13	the	the	DET
easat-9600	302	14	common	common	ADJ
easat-9600	302	15	good	good	NOUN
easat-9600	302	16	,	,	PUNCT
easat-9600	302	17	"	"	PUNCT
easat-9600	302	18	journal	journal	NOUN
easat-9600	302	19	of	of	ADP
easat-9600	302	20	business	business	NOUN
easat-9600	302	21	ethics	ethic	NOUN
easat-9600	302	22	,	,	PUNCT
easat-9600	302	23	vol	vol	NOUN
easat-9600	302	24	.	.	PROPN
easat-9600	302	25	17	17	NUM
easat-9600	302	26	,	,	PUNCT
easat-9600	302	27	no	no	INTJ
easat-9600	302	28	.	.	NOUN
easat-9600	302	29	9	9	NUM
easat-9600	302	30	,	,	PUNCT
easat-9600	302	31	pp	pp	ADJ
easat-9600	302	32	.	.	PUNCT
easat-9600	302	33	10931102	10931102	NUM
easat-9600	302	34	,	,	PUNCT
easat-9600	302	35	1998	1998	NUM
easat-9600	302	36	.	.	PUNCT
easat-9600	303	1	https://doi.org/10.1023/a:1006075517423	https://doi.org/10.1023/a:1006075517423	NOUN
easat-9600	304	1	[	[	X
easat-9600	304	2	8	8	X
easat-9600	304	3	]	]	X
easat-9600	304	4	j.	j.	PROPN
easat-9600	304	5	phillips	phillips	PROPN
easat-9600	304	6	,	,	PUNCT
easat-9600	304	7	m.	m.	PROPN
easat-9600	304	8	pincus	pincus	PROPN
easat-9600	304	9	,	,	PUNCT
easat-9600	304	10	and	and	CCONJ
easat-9600	304	11	s.	s.	PROPN
easat-9600	304	12	o.	o.	PROPN
easat-9600	304	13	rego	rego	PROPN
easat-9600	304	14	,	,	PUNCT
easat-9600	304	15	"	"	PUNCT
easat-9600	304	16	earnings	earning	NOUN
easat-9600	304	17	management	management	NOUN
easat-9600	304	18	:	:	PUNCT
easat-9600	304	19	new	new	ADJ
easat-9600	304	20	evidence	evidence	NOUN
easat-9600	304	21	based	base	VERB
easat-9600	304	22	on	on	ADP
easat-9600	304	23	deferred	deferred	ADJ
easat-9600	304	24	tax	tax	NOUN
easat-9600	304	25	expense	expense	NOUN
easat-9600	304	26	,	,	PUNCT
easat-9600	304	27	"	"	PUNCT
easat-9600	304	28	the	the	DET
easat-9600	304	29	accounting	accounting	NOUN
easat-9600	304	30	review	review	NOUN
easat-9600	304	31	,	,	PUNCT
easat-9600	304	32	vol	vol	NOUN
easat-9600	304	33	.	.	PROPN
easat-9600	304	34	78	78	NUM
easat-9600	304	35	,	,	PUNCT
easat-9600	304	36	no	no	INTJ
easat-9600	304	37	.	.	NOUN
easat-9600	304	38	2	2	NUM
easat-9600	304	39	,	,	PUNCT
easat-9600	304	40	pp	pp	ADJ
easat-9600	304	41	.	.	PUNCT
easat-9600	304	42	491	491	NUM
easat-9600	304	43	-	-	SYM
easat-9600	304	44	521	521	NUM
easat-9600	304	45	,	,	PUNCT
easat-9600	304	46	2003	2003	NUM
easat-9600	304	47	.	.	PUNCT
easat-9600	305	1	https://doi.org/10.2308/accr.2003.78.2.491	https://doi.org/10.2308/accr.2003.78.2.491	X
easat-9600	305	2	[	[	X
easat-9600	305	3	9	9	NUM
easat-9600	305	4	]	]	PUNCT
easat-9600	305	5	d.	d.	PROPN
easat-9600	305	6	reed	reed	PROPN
easat-9600	305	7	,	,	PUNCT
easat-9600	305	8	"	"	PUNCT
easat-9600	305	9	stakeholder	stakeholder	NOUN
easat-9600	305	10	management	management	NOUN
easat-9600	305	11	theory	theory	NOUN
easat-9600	305	12	:	:	PUNCT
easat-9600	305	13	a	a	DET
easat-9600	305	14	critical	critical	ADJ
easat-9600	305	15	theory	theory	NOUN
easat-9600	305	16	perspective	perspective	NOUN
easat-9600	305	17	,	,	PUNCT
easat-9600	305	18	"	"	PUNCT
easat-9600	305	19	business	business	NOUN
easat-9600	305	20	ethics	ethic	NOUN
easat-9600	305	21	quarterly	quarterly	ADJ
easat-9600	305	22	,	,	PUNCT
easat-9600	305	23	vol	vol	NOUN
easat-9600	305	24	.	.	NOUN
easat-9600	306	1	9	9	NUM
easat-9600	306	2	,	,	PUNCT
easat-9600	306	3	no	no	INTJ
easat-9600	306	4	.	.	NOUN
easat-9600	306	5	3	3	NUM
easat-9600	306	6	,	,	PUNCT
easat-9600	306	7	pp	pp	ADJ
easat-9600	306	8	.	.	PUNCT
easat-9600	307	1	453	453	NUM
easat-9600	307	2	-	-	SYM
easat-9600	307	3	483	483	NUM
easat-9600	307	4	,	,	PUNCT
easat-9600	307	5	1999	1999	NUM
easat-9600	307	6	.	.	PUNCT
easat-9600	308	1	https://doi.org/10.2307/3857512	https://doi.org/10.2307/3857512	NOUN
easat-9600	309	1	[	[	X
easat-9600	309	2	10	10	NUM
easat-9600	309	3	]	]	X
easat-9600	309	4	m.	m.	NOUN
easat-9600	309	5	starik	starik	PROPN
easat-9600	309	6	,	,	PUNCT
easat-9600	309	7	"	"	PUNCT
easat-9600	309	8	should	should	AUX
easat-9600	309	9	trees	tree	NOUN
easat-9600	309	10	have	have	VERB
easat-9600	309	11	managerial	managerial	ADJ
easat-9600	309	12	standing	standing	NOUN
easat-9600	309	13	?	?	PUNCT
easat-9600	310	1	toward	toward	ADP
easat-9600	310	2	stakeholder	stakeholder	NOUN
easat-9600	310	3	status	status	NOUN
easat-9600	310	4	for	for	ADP
easat-9600	310	5	non	non	ADJ
easat-9600	310	6	-	-	ADJ
easat-9600	310	7	human	human	ADJ
easat-9600	310	8	nature	nature	NOUN
easat-9600	310	9	,	,	PUNCT
easat-9600	310	10	"	"	PUNCT
easat-9600	310	11	journal	journal	NOUN
easat-9600	310	12	of	of	ADP
easat-9600	310	13	business	business	NOUN
easat-9600	310	14	ethics	ethic	NOUN
easat-9600	310	15	,	,	PUNCT
easat-9600	310	16	vol	vol	NOUN
easat-9600	310	17	.	.	PROPN
easat-9600	310	18	14	14	NUM
easat-9600	310	19	,	,	PUNCT
easat-9600	310	20	no	no	INTJ
easat-9600	310	21	.	.	NOUN
easat-9600	310	22	3	3	NUM
easat-9600	310	23	,	,	PUNCT
easat-9600	310	24	pp	pp	ADJ
easat-9600	310	25	.	.	PUNCT
easat-9600	311	1	207	207	NUM
easat-9600	311	2	-	-	SYM
easat-9600	311	3	217	217	NUM
easat-9600	311	4	,	,	PUNCT
easat-9600	311	5	1995	1995	NUM
easat-9600	311	6	.	.	PUNCT
easat-9600	312	1	[	[	X
easat-9600	312	2	11	11	NUM
easat-9600	312	3	]	]	PUNCT
easat-9600	312	4	m.	m.	NOUN
easat-9600	312	5	s.	s.	PROPN
easat-9600	312	6	schwartz	schwartz	PROPN
easat-9600	312	7	,	,	PUNCT
easat-9600	312	8	corporate	corporate	ADJ
easat-9600	312	9	social	social	ADJ
easat-9600	312	10	responsibility	responsibility	NOUN
easat-9600	312	11	:	:	PUNCT
easat-9600	312	12	an	an	DET
easat-9600	312	13	ethical	ethical	ADJ
easat-9600	312	14	approach	approach	NOUN
easat-9600	312	15	.	.	PUNCT
easat-9600	313	1	peterborough	peterborough	PROPN
easat-9600	313	2	,	,	PUNCT
easat-9600	313	3	ontario	ontario	PROPN
easat-9600	313	4	,	,	PUNCT
easat-9600	313	5	canada	canada	PROPN
easat-9600	313	6	:	:	PUNCT
easat-9600	313	7	broadview	broadview	PROPN
easat-9600	313	8	press	press	PROPN
easat-9600	313	9	,	,	PUNCT
easat-9600	313	10	2006	2006	NUM
easat-9600	313	11	.	.	PUNCT
easat-9600	314	1	[	[	X
easat-9600	314	2	12	12	NUM
easat-9600	314	3	]	]	PUNCT
easat-9600	314	4	a.	a.	NOUN
easat-9600	314	5	o.	o.	PROPN
easat-9600	314	6	laplume	laplume	PROPN
easat-9600	314	7	,	,	PUNCT
easat-9600	314	8	k.	k.	PROPN
easat-9600	314	9	sonpar	sonpar	PROPN
easat-9600	314	10	,	,	PUNCT
easat-9600	314	11	and	and	CCONJ
easat-9600	314	12	r.	r.	PROPN
easat-9600	314	13	a.	a.	PROPN
easat-9600	314	14	litz	litz	PROPN
easat-9600	314	15	,	,	PUNCT
easat-9600	314	16	"	"	PUNCT
easat-9600	314	17	stakeholder	stakeholder	NOUN
easat-9600	314	18	theory	theory	NOUN
easat-9600	314	19	:	:	PUNCT
easat-9600	314	20	reviewing	review	VERB
easat-9600	314	21	a	a	DET
easat-9600	314	22	theory	theory	NOUN
easat-9600	314	23	that	that	PRON
easat-9600	314	24	moves	move	VERB
easat-9600	314	25	us	we	PRON
easat-9600	314	26	,	,	PUNCT
easat-9600	314	27	"	"	PUNCT
easat-9600	314	28	journal	journal	NOUN
easat-9600	314	29	of	of	ADP
easat-9600	314	30	management	management	NOUN
easat-9600	314	31	,	,	PUNCT
easat-9600	314	32	vol	vol	NOUN
easat-9600	314	33	.	.	PROPN
easat-9600	315	1	34	34	NUM
easat-9600	315	2	,	,	PUNCT
easat-9600	315	3	no	no	INTJ
easat-9600	315	4	.	.	NOUN
easat-9600	315	5	6	6	NUM
easat-9600	315	6	,	,	PUNCT
easat-9600	315	7	pp	pp	ADJ
easat-9600	315	8	.	.	PUNCT
easat-9600	316	1	1152	1152	NUM
easat-9600	316	2	-	-	SYM
easat-9600	316	3	1189	1189	NUM
easat-9600	316	4	,	,	PUNCT
easat-9600	316	5	2008	2008	NUM
easat-9600	316	6	.	.	PUNCT
easat-9600	317	1	https://doi.org/10.1177/0149206308324322	https://doi.org/10.1177/0149206308324322	PROPN
easat-9600	318	1	[	[	X
easat-9600	318	2	13	13	NUM
easat-9600	318	3	]	]	PUNCT
easat-9600	318	4	m.	m.	NOUN
easat-9600	318	5	c.	c.	PROPN
easat-9600	318	6	jensen	jensen	PROPN
easat-9600	318	7	and	and	CCONJ
easat-9600	318	8	w.	w.	PROPN
easat-9600	318	9	h.	h.	PROPN
easat-9600	318	10	meckling	meckling	PROPN
easat-9600	318	11	,	,	PUNCT
easat-9600	318	12	"	"	PUNCT
easat-9600	318	13	theory	theory	NOUN
easat-9600	318	14	of	of	ADP
easat-9600	318	15	the	the	DET
easat-9600	318	16	firm	firm	NOUN
easat-9600	318	17	:	:	PUNCT
easat-9600	318	18	managerial	managerial	ADJ
easat-9600	318	19	behavior	behavior	NOUN
easat-9600	318	20	,	,	PUNCT
easat-9600	318	21	agency	agency	NOUN
easat-9600	318	22	costs	cost	NOUN
easat-9600	318	23	and	and	CCONJ
easat-9600	318	24	ownership	ownership	NOUN
easat-9600	318	25	structure	structure	NOUN
easat-9600	318	26	,	,	PUNCT
easat-9600	318	27	"	"	PUNCT
easat-9600	318	28	journal	journal	NOUN
easat-9600	318	29	of	of	ADP
easat-9600	318	30	financial	financial	ADJ
easat-9600	318	31	economics	economic	NOUN
easat-9600	318	32	,	,	PUNCT
easat-9600	318	33	vol	vol	NOUN
easat-9600	318	34	.	.	PROPN
easat-9600	318	35	3	3	NUM
easat-9600	318	36	,	,	PUNCT
easat-9600	318	37	no	no	INTJ
easat-9600	318	38	.	.	NOUN
easat-9600	318	39	4	4	NUM
easat-9600	318	40	,	,	PUNCT
easat-9600	318	41	pp	pp	ADJ
easat-9600	318	42	.	.	PUNCT
easat-9600	318	43	305	305	NUM
easat-9600	318	44	-	-	SYM
easat-9600	318	45	360	360	NUM
easat-9600	318	46	,	,	PUNCT
easat-9600	318	47	1976	1976	NUM
easat-9600	318	48	.	.	PUNCT
easat-9600	319	1	https://doi.org/10.1016/0304-405x(76)90026-x	https://doi.org/10.1016/0304-405x(76)90026-x	PROPN
easat-9600	319	2	[	[	X
easat-9600	319	3	14	14	NUM
easat-9600	319	4	]	]	X
easat-9600	319	5	s.	s.	PROPN
easat-9600	319	6	agus	agus	PROPN
easat-9600	319	7	,	,	PUNCT
easat-9600	319	8	financial	financial	ADJ
easat-9600	319	9	management	management	NOUN
easat-9600	319	10	:	:	PUNCT
easat-9600	319	11	theory	theory	NOUN
easat-9600	319	12	and	and	CCONJ
easat-9600	319	13	application	application	NOUN
easat-9600	319	14	,	,	PUNCT
easat-9600	319	15	4th	4th	ADJ
easat-9600	319	16	ed	ed	NOUN
easat-9600	319	17	.	.	PUNCT
easat-9600	320	1	yogyakarta	yogyakarta	PROPN
easat-9600	320	2	,	,	PUNCT
easat-9600	320	3	indonesia	indonesia	PROPN
easat-9600	320	4	:	:	PUNCT
easat-9600	320	5	bpfe	bpfe	ADJ
easat-9600	320	6	,	,	PUNCT
easat-9600	320	7	2011	2011	NUM
easat-9600	320	8	.	.	PUNCT
easat-9600	321	1	[	[	X
easat-9600	321	2	15	15	NUM
easat-9600	321	3	]	]	X
easat-9600	321	4	a.	a.	PROPN
easat-9600	321	5	putri	putri	PROPN
easat-9600	321	6	rizki	rizki	PROPN
easat-9600	321	7	and	and	CCONJ
easat-9600	321	8	r.	r.	PROPN
easat-9600	321	9	dudi	dudi	PROPN
easat-9600	321	10	,	,	PUNCT
easat-9600	321	11	"	"	PUNCT
easat-9600	321	12	the	the	DET
easat-9600	321	13	influence	influence	NOUN
easat-9600	321	14	of	of	ADP
easat-9600	321	15	liquidity	liquidity	NOUN
easat-9600	321	16	,	,	PUNCT
easat-9600	321	17	profitability	profitability	NOUN
easat-9600	321	18	,	,	PUNCT
easat-9600	321	19	and	and	CCONJ
easat-9600	321	20	leverage	leverage	NOUN
easat-9600	321	21	levels	level	NOUN
easat-9600	321	22	on	on	ADP
easat-9600	321	23	company	company	NOUN
easat-9600	321	24	value	value	NOUN
easat-9600	321	25	in	in	ADP
easat-9600	321	26	the	the	DET
easat-9600	321	27	food	food	NOUN
easat-9600	321	28	and	and	CCONJ
easat-9600	321	29	beverage	beverage	NOUN
easat-9600	321	30	subsector	subsector	NOUN
easat-9600	321	31	listed	list	VERB
easat-9600	321	32	on	on	ADP
easat-9600	321	33	the	the	DET
easat-9600	321	34	indonesian	indonesian	ADJ
easat-9600	321	35	stock	stock	PROPN
easat-9600	321	36	exchange	exchange	PROPN
easat-9600	321	37	(	(	PUNCT
easat-9600	321	38	bei	bei	PROPN
easat-9600	321	39	)	)	PUNCT
easat-9600	321	40	for	for	ADP
easat-9600	321	41	the	the	DET
easat-9600	321	42	2010	2010	NUM
easat-9600	321	43	-	-	SYM
easat-9600	321	44	2017	2017	NUM
easat-9600	321	45	period	period	NOUN
easat-9600	321	46	,	,	PUNCT
easat-9600	321	47	"	"	PUNCT
easat-9600	321	48	journal	journal	NOUN
easat-9600	321	49	of	of	ADP
easat-9600	321	50	entrepreneurship	entrepreneurship	NOUN
easat-9600	321	51	,	,	PUNCT
easat-9600	321	52	management	management	NOUN
easat-9600	321	53	and	and	CCONJ
easat-9600	321	54	industry	industry	NOUN
easat-9600	321	55	,	,	PUNCT
easat-9600	321	56	vol	vol	NOUN
easat-9600	321	57	.	.	PROPN
easat-9600	322	1	2	2	NUM
easat-9600	322	2	,	,	PUNCT
easat-9600	322	3	no	no	INTJ
easat-9600	322	4	.	.	NOUN
easat-9600	322	5	1	1	NUM
easat-9600	322	6	,	,	PUNCT
easat-9600	322	7	pp	pp	ADJ
easat-9600	322	8	.	.	PUNCT
easat-9600	323	1	48	48	NUM
easat-9600	323	2	-	-	SYM
easat-9600	323	3	60	60	NUM
easat-9600	323	4	,	,	PUNCT
easat-9600	323	5	2019	2019	NUM
easat-9600	323	6	.	.	PUNCT
easat-9600	324	1	https://doi.org/10.36782/jemi.v2i1.1848	https://doi.org/10.36782/jemi.v2i1.1848	X
easat-9600	325	1	[	[	X
easat-9600	325	2	16	16	NUM
easat-9600	325	3	]	]	PUNCT
easat-9600	325	4	m.	m.	NOUN
easat-9600	325	5	spence	spence	NOUN
easat-9600	325	6	,	,	PUNCT
easat-9600	325	7	"	"	PUNCT
easat-9600	325	8	job	job	NOUN
easat-9600	325	9	market	market	NOUN
easat-9600	325	10	signaling	signal	VERB
easat-9600	325	11	*	*	NOUN
easat-9600	325	12	,	,	PUNCT
easat-9600	325	13	"	"	PUNCT
easat-9600	325	14	the	the	DET
easat-9600	325	15	quarterly	quarterly	ADJ
easat-9600	325	16	journal	journal	NOUN
easat-9600	325	17	of	of	ADP
easat-9600	325	18	economics	economic	NOUN
easat-9600	325	19	,	,	PUNCT
easat-9600	325	20	vol	vol	NOUN
easat-9600	325	21	.	.	PROPN
easat-9600	325	22	87	87	NUM
easat-9600	325	23	,	,	PUNCT
easat-9600	325	24	no	no	INTJ
easat-9600	325	25	.	.	NOUN
easat-9600	325	26	3	3	NUM
easat-9600	325	27	,	,	PUNCT
easat-9600	325	28	pp	pp	ADJ
easat-9600	325	29	.	.	PUNCT
easat-9600	326	1	355	355	NUM
easat-9600	326	2	-	-	SYM
easat-9600	326	3	374	374	NUM
easat-9600	326	4	,	,	PUNCT
easat-9600	326	5	1973	1973	NUM
easat-9600	326	6	.	.	PUNCT
easat-9600	327	1	https://doi.org/10.2307/1882010	https://doi.org/10.2307/1882010	NOUN
easat-9600	328	1	[	[	X
easat-9600	328	2	17	17	NUM
easat-9600	328	3	]	]	PUNCT
easat-9600	328	4	t.	t.	PROPN
easat-9600	328	5	artiach	artiach	PROPN
easat-9600	328	6	,	,	PUNCT
easat-9600	328	7	d.	d.	PROPN
easat-9600	328	8	lee	lee	PROPN
easat-9600	328	9	,	,	PUNCT
easat-9600	328	10	d.	d.	PROPN
easat-9600	328	11	nelson	nelson	PROPN
easat-9600	328	12	,	,	PUNCT
easat-9600	328	13	and	and	CCONJ
easat-9600	328	14	j.	j.	PROPN
easat-9600	328	15	walker	walker	PROPN
easat-9600	328	16	,	,	PUNCT
easat-9600	328	17	"	"	PUNCT
easat-9600	328	18	the	the	DET
easat-9600	328	19	determinants	determinant	NOUN
easat-9600	328	20	of	of	ADP
easat-9600	328	21	corporate	corporate	ADJ
easat-9600	328	22	sustainability	sustainability	NOUN
easat-9600	328	23	performance	performance	NOUN
easat-9600	328	24	,	,	PUNCT
easat-9600	328	25	"	"	PUNCT
easat-9600	328	26	accounting	accounting	NOUN
easat-9600	328	27	&	&	CCONJ
easat-9600	328	28	finance	finance	NOUN
easat-9600	328	29	,	,	PUNCT
easat-9600	328	30	vol	vol	NOUN
easat-9600	328	31	.	.	PROPN
easat-9600	328	32	50	50	NUM
easat-9600	328	33	,	,	PUNCT
easat-9600	328	34	no	no	INTJ
easat-9600	328	35	.	.	NOUN
easat-9600	328	36	1	1	NUM
easat-9600	328	37	,	,	PUNCT
easat-9600	328	38	pp	pp	ADJ
easat-9600	328	39	.	.	PUNCT
easat-9600	328	40	31	31	NUM
easat-9600	328	41	-	-	SYM
easat-9600	328	42	51	51	NUM
easat-9600	328	43	,	,	PUNCT
easat-9600	328	44	2010	2010	NUM
easat-9600	328	45	.	.	PUNCT
easat-9600	329	1	https://doi.org/10.1111/j.1467-629x.2009.00315.x	https://doi.org/10.1111/j.1467-629x.2009.00315.x	PROPN
easat-9600	330	1	[	[	X
easat-9600	330	2	18	18	NUM
easat-9600	330	3	]	]	X
easat-9600	330	4	b.	b.	PROPN
easat-9600	330	5	w.	w.	PROPN
easat-9600	330	6	husted	huste	VERB
easat-9600	330	7	,	,	PUNCT
easat-9600	330	8	"	"	PUNCT
easat-9600	330	9	a	a	DET
easat-9600	330	10	contingency	contingency	NOUN
easat-9600	330	11	theory	theory	NOUN
easat-9600	330	12	of	of	ADP
easat-9600	330	13	corporate	corporate	ADJ
easat-9600	330	14	social	social	ADJ
easat-9600	330	15	performance	performance	NOUN
easat-9600	330	16	,	,	PUNCT
easat-9600	330	17	"	"	PUNCT
easat-9600	330	18	business	business	NOUN
easat-9600	330	19	&	&	CCONJ
easat-9600	330	20	society	society	NOUN
easat-9600	330	21	,	,	PUNCT
easat-9600	330	22	vol	vol	NOUN
easat-9600	330	23	.	.	PROPN
easat-9600	330	24	39	39	NUM
easat-9600	330	25	,	,	PUNCT
easat-9600	330	26	no	no	INTJ
easat-9600	330	27	.	.	NOUN
easat-9600	330	28	1	1	NUM
easat-9600	330	29	,	,	PUNCT
easat-9600	330	30	pp	pp	ADJ
easat-9600	330	31	.	.	PUNCT
easat-9600	331	1	24	24	NUM
easat-9600	331	2	-	-	SYM
easat-9600	331	3	48	48	NUM
easat-9600	331	4	,	,	PUNCT
easat-9600	331	5	2000	2000	NUM
easat-9600	331	6	.	.	PUNCT
easat-9600	332	1	https://doi.org/10.1177/000765030003900104	https://doi.org/10.1177/000765030003900104	X
easat-9600	333	1	[	[	X
easat-9600	333	2	19	19	NUM
easat-9600	333	3	]	]	PUNCT
easat-9600	333	4	m.	m.	NOUN
easat-9600	333	5	orlitzky	orlitzky	NOUN
easat-9600	333	6	,	,	PUNCT
easat-9600	333	7	f.	f.	PROPN
easat-9600	333	8	l.	l.	PROPN
easat-9600	333	9	schmidt	schmidt	PROPN
easat-9600	333	10	,	,	PUNCT
easat-9600	333	11	and	and	CCONJ
easat-9600	333	12	s.	s.	PROPN
easat-9600	333	13	l.	l.	PROPN
easat-9600	333	14	rynes	rynes	PROPN
easat-9600	333	15	,	,	PUNCT
easat-9600	333	16	"	"	PUNCT
easat-9600	333	17	corporate	corporate	ADJ
easat-9600	333	18	social	social	ADJ
easat-9600	333	19	and	and	CCONJ
easat-9600	333	20	financial	financial	ADJ
easat-9600	333	21	performance	performance	NOUN
easat-9600	333	22	:	:	PUNCT
easat-9600	333	23	a	a	DET
easat-9600	333	24	meta	meta	ADJ
easat-9600	333	25	-	-	PUNCT
easat-9600	333	26	analysis	analysis	NOUN
easat-9600	333	27	,	,	PUNCT
easat-9600	333	28	"	"	PUNCT
easat-9600	333	29	organization	organization	NOUN
easat-9600	333	30	studies	study	NOUN
easat-9600	333	31	,	,	PUNCT
easat-9600	333	32	vol	vol	NOUN
easat-9600	333	33	.	.	PROPN
easat-9600	333	34	24	24	NUM
easat-9600	333	35	,	,	PUNCT
easat-9600	333	36	no	no	INTJ
easat-9600	333	37	.	.	NOUN
easat-9600	333	38	3	3	NUM
easat-9600	333	39	,	,	PUNCT
easat-9600	333	40	pp	pp	ADJ
easat-9600	333	41	.	.	PUNCT
easat-9600	334	1	403	403	NUM
easat-9600	334	2	-	-	SYM
easat-9600	334	3	441	441	NUM
easat-9600	334	4	,	,	PUNCT
easat-9600	334	5	2003	2003	NUM
easat-9600	334	6	.	.	PUNCT
easat-9600	335	1	https://doi.org/10.1177/0170840603024003910	https://doi.org/10.1177/0170840603024003910	NOUN
easat-9600	336	1	[	[	X
easat-9600	336	2	20	20	NUM
easat-9600	336	3	]	]	X
easat-9600	336	4	p.	p.	NOUN
easat-9600	336	5	shrivastava	shrivastava	PROPN
easat-9600	336	6	,	,	PUNCT
easat-9600	336	7	"	"	PUNCT
easat-9600	336	8	the	the	DET
easat-9600	336	9	role	role	NOUN
easat-9600	336	10	of	of	ADP
easat-9600	336	11	corporations	corporation	NOUN
easat-9600	336	12	in	in	ADP
easat-9600	336	13	achieving	achieve	VERB
easat-9600	336	14	ecological	ecological	ADJ
easat-9600	336	15	sustainability	sustainability	NOUN
easat-9600	336	16	,	,	PUNCT
easat-9600	336	17	"	"	PUNCT
easat-9600	336	18	academy	academy	NOUN
easat-9600	336	19	of	of	ADP
easat-9600	336	20	management	management	PROPN
easat-9600	336	21	review	review	PROPN
easat-9600	336	22	,	,	PUNCT
easat-9600	336	23	vol	vol	NOUN
easat-9600	336	24	.	.	PROPN
easat-9600	336	25	20	20	NUM
easat-9600	336	26	,	,	PUNCT
easat-9600	336	27	no	no	INTJ
easat-9600	336	28	.	.	NOUN
easat-9600	336	29	4	4	NUM
easat-9600	336	30	,	,	PUNCT
easat-9600	336	31	pp	pp	ADJ
easat-9600	336	32	.	.	PUNCT
easat-9600	337	1	936	936	NUM
easat-9600	337	2	-	-	SYM
easat-9600	337	3	960	960	NUM
easat-9600	337	4	,	,	PUNCT
easat-9600	337	5	1995	1995	NUM
easat-9600	337	6	.	.	PUNCT
easat-9600	338	1	https://doi.org/10.5465/amr.1995.9512280033	https://doi.org/10.5465/amr.1995.9512280033	ADJ
easat-9600	338	2	[	[	X
easat-9600	338	3	21	21	NUM
easat-9600	338	4	]	]	PUNCT
easat-9600	338	5	e.	e.	PROPN
easat-9600	338	6	f.	f.	PROPN
easat-9600	338	7	brigham	brigham	PROPN
easat-9600	338	8	and	and	CCONJ
easat-9600	338	9	j.	j.	PROPN
easat-9600	338	10	f.	f.	PROPN
easat-9600	338	11	houston	houston	PROPN
easat-9600	338	12	,	,	PUNCT
easat-9600	338	13	fundamentals	fundamental	NOUN
easat-9600	338	14	of	of	ADP
easat-9600	338	15	financial	financial	ADJ
easat-9600	338	16	management	management	NOUN
easat-9600	338	17	,	,	PUNCT
easat-9600	338	18	13th	13th	NOUN
easat-9600	338	19	ed	ed	NOUN
easat-9600	338	20	.	.	PUNCT
easat-9600	339	1	boston	boston	PROPN
easat-9600	339	2	,	,	PUNCT
easat-9600	339	3	ma	ma	PROPN
easat-9600	339	4	:	:	PUNCT
easat-9600	339	5	cengage	cengage	PROPN
easat-9600	339	6	learning	learning	PROPN
easat-9600	339	7	,	,	PUNCT
easat-9600	339	8	2013	2013	NUM
easat-9600	339	9	.	.	PUNCT
easat-9600	340	1	[	[	X
easat-9600	340	2	22	22	NUM
easat-9600	340	3	]	]	X
easat-9600	340	4	f.	f.	PROPN
easat-9600	340	5	j.	j.	PROPN
easat-9600	340	6	weston	weston	PROPN
easat-9600	340	7	and	and	CCONJ
easat-9600	340	8	t.	t.	PROPN
easat-9600	340	9	e.	e.	PROPN
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easat-9600	340	12	financial	financial	ADJ
easat-9600	340	13	management	management	NOUN
easat-9600	340	14	.	.	PUNCT
easat-9600	341	1	jakarta	jakarta	PROPN
easat-9600	341	2	,	,	PUNCT
easat-9600	341	3	indonesia	indonesia	PROPN
easat-9600	341	4	:	:	PUNCT
easat-9600	341	5	binarupa	binarupa	PROPN
easat-9600	341	6	aksara	aksara	PROPN
easat-9600	341	7	,	,	PUNCT
easat-9600	341	8	2008	2008	NUM
easat-9600	341	9	.	.	PUNCT
easat-9600	342	1	[	[	X
easat-9600	342	2	23	23	NUM
easat-9600	342	3	]	]	X
easat-9600	342	4	e.	e.	PROPN
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easat-9600	342	6	and	and	CCONJ
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easat-9600	342	8	aswan	aswan	PROPN
easat-9600	342	9	,	,	PUNCT
easat-9600	342	10	"	"	PUNCT
easat-9600	342	11	the	the	DET
easat-9600	342	12	influence	influence	NOUN
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easat-9600	342	22	,	,	PUNCT
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easat-9600	342	38	,	,	PUNCT
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easat-9600	342	40	.	.	NOUN
easat-9600	342	41	2	2	NUM
easat-9600	342	42	,	,	PUNCT
easat-9600	342	43	pp	pp	ADJ
easat-9600	342	44	.	.	PUNCT
easat-9600	343	1	221	221	NUM
easat-9600	343	2	-	-	SYM
easat-9600	343	3	236	236	NUM
easat-9600	343	4	,	,	PUNCT
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easat-9600	343	6	.	.	PUNCT
easat-9600	344	1	[	[	X
easat-9600	344	2	24	24	NUM
easat-9600	344	3	]	]	PUNCT
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easat-9600	344	9	auditor	auditor	NOUN
easat-9600	344	10	size	size	NOUN
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easat-9600	344	13	quality	quality	NOUN
easat-9600	344	14	,	,	PUNCT
easat-9600	344	15	"	"	PUNCT
easat-9600	344	16	journal	journal	NOUN
easat-9600	344	17	of	of	ADP
easat-9600	344	18	accounting	accounting	NOUN
easat-9600	344	19	and	and	CCONJ
easat-9600	344	20	economics	economic	NOUN
easat-9600	344	21	,	,	PUNCT
easat-9600	344	22	vol	vol	NOUN
easat-9600	344	23	.	.	PROPN
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easat-9600	345	2	,	,	PUNCT
easat-9600	345	3	no	no	INTJ
easat-9600	345	4	.	.	NOUN
easat-9600	345	5	3	3	NUM
easat-9600	345	6	,	,	PUNCT
easat-9600	345	7	pp	pp	ADJ
easat-9600	345	8	.	.	PUNCT
easat-9600	346	1	183	183	NUM
easat-9600	346	2	-	-	SYM
easat-9600	346	3	199	199	NUM
easat-9600	346	4	,	,	PUNCT
easat-9600	346	5	1981	1981	NUM
easat-9600	346	6	.	.	PUNCT
easat-9600	347	1	https://doi.org/10.1016/0165-4101(81)90002-1	https://doi.org/10.1016/0165-4101(81)90002-1	PROPN
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easat-9600	347	3	https://doi.org/10.5465/amr.1999.1893928	https://doi.org/10.5465/amr.1999.1893928	PROPN
easat-9600	347	4	https://doi.org/10.1111/j.1467-6486.2006.00624.x	https://doi.org/10.1111/j.1467-6486.2006.00624.x	PROPN
easat-9600	347	5	https://doi.org/10.5465/amr.1995.9503271994	https://doi.org/10.5465/amr.1995.9503271994	PROPN
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easat-9600	347	8	https://doi.org/10.2308/accr.2003.78.2.491	https://doi.org/10.2308/accr.2003.78.2.491	VERB
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easat-9600	347	10	https://doi.org/10.1177/0149206308324322	https://doi.org/10.1177/0149206308324322	PROPN
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easat-9600	347	12	https://doi.org/10.36782/jemi.v2i1.1848	https://doi.org/10.36782/jemi.v2i1.1848	PROPN
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easat-9600	348	1	https://doi.org/10.1177/0170840603024003910	https://doi.org/10.1177/0170840603024003910	NOUN
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easat-9600	348	3	https://doi.org/10.1016/0165-4101(81)90002-1	https://doi.org/10.1016/0165-4101(81)90002-1	PROPN
easat-9600	348	4	1353	1353	NUM
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easat-9600	348	8	and	and	CCONJ
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easat-9600	348	10	issn	issn	PROPN
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easat-9600	348	13	-	-	SYM
easat-9600	348	14	8484	8484	NUM
easat-9600	348	15	vol	vol	NOUN
easat-9600	348	16	.	.	PROPN
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easat-9600	349	2	,	,	PUNCT
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easat-9600	349	5	8	8	NUM
easat-9600	349	6	:	:	SYM
easat-9600	349	7	1343	1343	NUM
easat-9600	349	8	-	-	SYM
easat-9600	349	9	1353	1353	NUM
easat-9600	349	10	,	,	PUNCT
easat-9600	349	11	2025	2025	NUM
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easat-9600	349	13	:	:	PUNCT
easat-9600	349	14	10.55214/2576	10.55214/2576	NUM
easat-9600	349	15	-	-	SYM
easat-9600	349	16	8484.v9i8.9600	8484.v9i8.9600	NUM
easat-9600	349	17	©	©	PROPN
easat-9600	349	18	2025	2025	NUM
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easat-9600	349	21	authors	author	NOUN
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easat-9600	349	25	gate	gate	NOUN
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easat-9600	350	2	25	25	NUM
easat-9600	350	3	]	]	PUNCT
easat-9600	350	4	b.	b.	PROPN
easat-9600	350	5	j.	j.	PROPN
easat-9600	350	6	bushee	bushee	PROPN
easat-9600	350	7	and	and	CCONJ
easat-9600	350	8	c.	c.	PROPN
easat-9600	350	9	f.	f.	PROPN
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easat-9600	350	11	,	,	PUNCT
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easat-9600	350	13	corporate	corporate	ADJ
easat-9600	350	14	disclosure	disclosure	NOUN
easat-9600	350	15	practices	practice	NOUN
easat-9600	350	16	,	,	PUNCT
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easat-9600	350	18	investors	investor	NOUN
easat-9600	350	19	,	,	PUNCT
easat-9600	350	20	and	and	CCONJ
easat-9600	350	21	stock	stock	NOUN
easat-9600	350	22	return	return	NOUN
easat-9600	350	23	volatility	volatility	NOUN
easat-9600	350	24	,	,	PUNCT
easat-9600	350	25	"	"	PUNCT
easat-9600	350	26	journal	journal	NOUN
easat-9600	350	27	of	of	ADP
easat-9600	350	28	accounting	accounting	NOUN
easat-9600	350	29	research	research	NOUN
easat-9600	350	30	,	,	PUNCT
easat-9600	350	31	vol	vol	NOUN
easat-9600	350	32	.	.	PROPN
easat-9600	351	1	38	38	NUM
easat-9600	351	2	,	,	PUNCT
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easat-9600	352	1	171	171	NUM
easat-9600	352	2	-	-	SYM
easat-9600	352	3	202	202	NUM
easat-9600	352	4	,	,	PUNCT
easat-9600	352	5	2000	2000	NUM
easat-9600	352	6	.	.	PUNCT
easat-9600	353	1	https://doi.org/10.2307/2672914	https://doi.org/10.2307/2672914	NOUN
easat-9600	354	1	[	[	X
easat-9600	354	2	26	26	NUM
easat-9600	354	3	]	]	PUNCT
easat-9600	354	4	r.	r.	PROPN
easat-9600	354	5	g.	g.	PROPN
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easat-9600	354	7	,	,	PUNCT
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easat-9600	354	9	ioannou	ioannou	PROPN
easat-9600	354	10	,	,	PUNCT
easat-9600	354	11	and	and	CCONJ
easat-9600	354	12	g.	g.	PROPN
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easat-9600	354	14	,	,	PUNCT
easat-9600	354	15	"	"	PUNCT
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easat-9600	354	21	culture	culture	NOUN
easat-9600	354	22	of	of	ADP
easat-9600	354	23	sustainability	sustainability	NOUN
easat-9600	354	24	on	on	ADP
easat-9600	354	25	corporate	corporate	ADJ
easat-9600	354	26	behaviour	behaviour	NOUN
easat-9600	354	27	and	and	CCONJ
easat-9600	354	28	performance	performance	NOUN
easat-9600	354	29	,	,	PUNCT
easat-9600	354	30	"	"	PUNCT
easat-9600	354	31	management	management	NOUN
easat-9600	354	32	science	science	NOUN
easat-9600	354	33	,	,	PUNCT
easat-9600	354	34	vol	vol	NOUN
easat-9600	354	35	.	.	PROPN
easat-9600	354	36	60	60	NUM
easat-9600	354	37	,	,	PUNCT
easat-9600	354	38	no	no	INTJ
easat-9600	354	39	.	.	NOUN
easat-9600	354	40	11	11	NUM
easat-9600	354	41	,	,	PUNCT
easat-9600	354	42	pp	pp	ADJ
easat-9600	354	43	.	.	PUNCT
easat-9600	355	1	2835–2857	2835–2857	NUM
easat-9600	355	2	,	,	PUNCT
easat-9600	355	3	2014	2014	NUM
easat-9600	355	4	.	.	PUNCT
easat-9600	356	1	https://doi.org/10.1287/mnsc.2014.1984	https://doi.org/10.1287/mnsc.2014.1984	PROPN
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easat-9600	356	3	27	27	NUM
easat-9600	356	4	]	]	PUNCT
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easat-9600	356	6	fatemi	fatemi	PROPN
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easat-9600	356	10	,	,	PUNCT
easat-9600	356	11	and	and	CCONJ
easat-9600	356	12	s.	s.	PROPN
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easat-9600	356	14	,	,	PUNCT
easat-9600	356	15	"	"	PUNCT
easat-9600	356	16	esg	esg	NOUN
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easat-9600	356	18	and	and	CCONJ
easat-9600	356	19	firm	firm	ADJ
easat-9600	356	20	value	value	NOUN
easat-9600	356	21	:	:	PUNCT
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easat-9600	356	32	,	,	PUNCT
easat-9600	356	33	vol	vol	NOUN
easat-9600	356	34	.	.	PROPN
easat-9600	356	35	38	38	NUM
easat-9600	356	36	,	,	PUNCT
easat-9600	356	37	pp	pp	ADJ
easat-9600	356	38	.	.	PUNCT
easat-9600	357	1	45	45	NUM
easat-9600	357	2	-	-	SYM
easat-9600	357	3	64	64	NUM
easat-9600	357	4	,	,	PUNCT
easat-9600	357	5	2018/11/01/	2018/11/01/	NUM
easat-9600	357	6	2018	2018	NUM
easat-9600	357	7	.	.	PUNCT
easat-9600	358	1	https://doi.org/10.1016/j.gfj.2017.03.001	https://doi.org/10.1016/j.gfj.2017.03.001	PROPN
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easat-9600	359	3	]	]	X
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easat-9600	359	13	,	,	PUNCT
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easat-9600	359	16	process	process	NOUN
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easat-9600	360	6	,	,	PUNCT
easat-9600	360	7	2022	2022	NUM
easat-9600	360	8	.	.	PUNCT
easat-9600	361	1	[	[	X
easat-9600	361	2	29	29	NUM
easat-9600	361	3	]	]	PUNCT
easat-9600	361	4	k.	k.	PROPN
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easat-9600	361	7	c.	c.	PROPN
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easat-9600	361	10	"	"	PUNCT
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easat-9600	361	37	.	.	PROPN
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easat-9600	361	39	,	,	PUNCT
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easat-9600	361	42	5	5	NUM
easat-9600	361	43	,	,	PUNCT
easat-9600	361	44	pp	pp	ADJ
easat-9600	361	45	.	.	PUNCT
easat-9600	362	1	455	455	NUM
easat-9600	362	2	-	-	SYM
easat-9600	362	3	476	476	NUM
easat-9600	362	4	,	,	PUNCT
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easat-9600	362	6	.	.	PUNCT
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easat-9600	364	2	30	30	NUM
easat-9600	364	3	]	]	X
easat-9600	364	4	i.-m	i.-m	PROPN
easat-9600	364	5	.	.	PUNCT
easat-9600	365	1	garcía	garcía	ADJ
easat-9600	365	2	-	-	PUNCT
easat-9600	365	3	sánchez	sánchez	NOUN
easat-9600	365	4	,	,	PUNCT
easat-9600	365	5	j.	j.	PROPN
easat-9600	365	6	martínez	martínez	PROPN
easat-9600	365	7	-	-	PUNCT
easat-9600	365	8	ferrero	ferrero	PROPN
easat-9600	365	9	,	,	PUNCT
easat-9600	365	10	and	and	CCONJ
easat-9600	365	11	e.	e.	PROPN
easat-9600	365	12	garcía	garcía	PROPN
easat-9600	365	13	-	-	PUNCT
easat-9600	365	14	meca	meca	NOUN
easat-9600	365	15	,	,	PUNCT
easat-9600	365	16	"	"	PUNCT
easat-9600	365	17	does	do	AUX
easat-9600	365	18	assurance	assurance	NOUN
easat-9600	365	19	of	of	ADP
easat-9600	365	20	sustainability	sustainability	NOUN
easat-9600	365	21	reports	report	NOUN
easat-9600	365	22	improve	improve	VERB
easat-9600	365	23	investment	investment	NOUN
easat-9600	365	24	decision	decision	NOUN
easat-9600	365	25	-	-	PUNCT
easat-9600	365	26	making	making	NOUN
easat-9600	365	27	?	?	PUNCT
easat-9600	366	1	an	an	DET
easat-9600	366	2	experimental	experimental	ADJ
easat-9600	366	3	study	study	NOUN
easat-9600	366	4	,	,	PUNCT
easat-9600	366	5	"	"	PUNCT
easat-9600	366	6	business	business	NOUN
easat-9600	366	7	strategy	strategy	NOUN
easat-9600	366	8	and	and	CCONJ
easat-9600	366	9	the	the	DET
easat-9600	366	10	environment	environment	NOUN
easat-9600	366	11	,	,	PUNCT
easat-9600	366	12	vol	vol	NOUN
easat-9600	366	13	.	.	PROPN
easat-9600	366	14	29	29	NUM
easat-9600	366	15	,	,	PUNCT
easat-9600	366	16	no	no	INTJ
easat-9600	366	17	.	.	NOUN
easat-9600	366	18	2	2	NUM
easat-9600	366	19	,	,	PUNCT
easat-9600	366	20	pp	pp	ADJ
easat-9600	366	21	.	.	PUNCT
easat-9600	366	22	525	525	NUM
easat-9600	366	23	–	–	PUNCT
easat-9600	366	24	541	541	NUM
easat-9600	366	25	,	,	PUNCT
easat-9600	366	26	2020	2020	NUM
easat-9600	366	27	.	.	PUNCT
easat-9600	367	1	[	[	X
easat-9600	367	2	31	31	NUM
easat-9600	367	3	]	]	X
easat-9600	367	4	r.	r.	PROPN
easat-9600	367	5	simnett	simnett	PROPN
easat-9600	367	6	,	,	PUNCT
easat-9600	367	7	a.	a.	NOUN
easat-9600	367	8	vanstraelen	vanstraelen	PROPN
easat-9600	367	9	,	,	PUNCT
easat-9600	367	10	and	and	CCONJ
easat-9600	367	11	w.	w.	PROPN
easat-9600	367	12	f.	f.	PROPN
easat-9600	367	13	chua	chua	PROPN
easat-9600	367	14	,	,	PUNCT
easat-9600	367	15	"	"	PUNCT
easat-9600	367	16	assurance	assurance	NOUN
easat-9600	367	17	on	on	ADP
easat-9600	367	18	sustainability	sustainability	NOUN
easat-9600	367	19	reports	report	NOUN
easat-9600	367	20	:	:	PUNCT
easat-9600	367	21	an	an	DET
easat-9600	367	22	international	international	ADJ
easat-9600	367	23	comparison	comparison	NOUN
easat-9600	367	24	,	,	PUNCT
easat-9600	367	25	"	"	PUNCT
easat-9600	367	26	the	the	DET
easat-9600	367	27	accounting	accounting	NOUN
easat-9600	367	28	review	review	NOUN
easat-9600	367	29	,	,	PUNCT
easat-9600	367	30	vol	vol	NOUN
easat-9600	367	31	.	.	PROPN
easat-9600	367	32	84	84	NUM
easat-9600	367	33	,	,	PUNCT
easat-9600	367	34	no	no	INTJ
easat-9600	367	35	.	.	NOUN
easat-9600	367	36	3	3	NUM
easat-9600	367	37	,	,	PUNCT
easat-9600	367	38	pp	pp	ADJ
easat-9600	367	39	.	.	PUNCT
easat-9600	368	1	937	937	NUM
easat-9600	368	2	-	-	SYM
easat-9600	368	3	967	967	NUM
easat-9600	368	4	,	,	PUNCT
easat-9600	368	5	2009	2009	NUM
easat-9600	368	6	.	.	PUNCT
easat-9600	369	1	https://doi.org/10.2308/accr.2009.84.3.937	https://doi.org/10.2308/accr.2009.84.3.937	NOUN
easat-9600	369	2	[	[	X
easat-9600	369	3	32	32	NUM
easat-9600	369	4	]	]	PUNCT
easat-9600	369	5	b.	b.	PROPN
easat-9600	369	6	j.	j.	PROPN
easat-9600	369	7	bushee	bushee	PROPN
easat-9600	369	8	,	,	PUNCT
easat-9600	369	9	"	"	PUNCT
easat-9600	369	10	the	the	DET
easat-9600	369	11	influence	influence	NOUN
easat-9600	369	12	of	of	ADP
easat-9600	369	13	institutional	institutional	ADJ
easat-9600	369	14	investors	investor	NOUN
easat-9600	369	15	on	on	ADP
easat-9600	369	16	myopic	myopic	ADJ
easat-9600	369	17	r&d	r&d	NOUN
easat-9600	369	18	investment	investment	NOUN
easat-9600	369	19	behavior	behavior	NOUN
easat-9600	369	20	,	,	PUNCT
easat-9600	369	21	"	"	PUNCT
easat-9600	369	22	the	the	DET
easat-9600	369	23	accounting	accounting	NOUN
easat-9600	369	24	review	review	NOUN
easat-9600	369	25	,	,	PUNCT
easat-9600	369	26	vol	vol	NOUN
easat-9600	369	27	.	.	PROPN
easat-9600	369	28	73	73	NUM
easat-9600	369	29	,	,	PUNCT
easat-9600	369	30	no	no	INTJ
easat-9600	369	31	.	.	NOUN
easat-9600	369	32	3	3	NUM
easat-9600	369	33	,	,	PUNCT
easat-9600	369	34	pp	pp	ADJ
easat-9600	369	35	.	.	PUNCT
easat-9600	370	1	305	305	NUM
easat-9600	370	2	-	-	SYM
easat-9600	370	3	333	333	NUM
easat-9600	370	4	,	,	PUNCT
easat-9600	370	5	1998	1998	NUM
easat-9600	370	6	.	.	PUNCT
easat-9600	371	1	[	[	X
easat-9600	371	2	33	33	NUM
easat-9600	371	3	]	]	PUNCT
easat-9600	371	4	w.	w.	PROPN
easat-9600	371	5	y.	y.	PROPN
easat-9600	372	1	oh	oh	INTJ
easat-9600	372	2	,	,	PUNCT
easat-9600	372	3	y.	y.	PROPN
easat-9600	372	4	k.	k.	PROPN
easat-9600	372	5	chang	chang	PROPN
easat-9600	372	6	,	,	PUNCT
easat-9600	372	7	and	and	CCONJ
easat-9600	372	8	a.	a.	NOUN
easat-9600	372	9	martynov	martynov	NOUN
easat-9600	372	10	,	,	PUNCT
easat-9600	372	11	"	"	PUNCT
easat-9600	372	12	the	the	DET
easat-9600	372	13	effect	effect	NOUN
easat-9600	372	14	of	of	ADP
easat-9600	372	15	ownership	ownership	NOUN
easat-9600	372	16	structure	structure	NOUN
easat-9600	372	17	on	on	ADP
easat-9600	372	18	corporate	corporate	ADJ
easat-9600	372	19	social	social	ADJ
easat-9600	372	20	responsibility	responsibility	NOUN
easat-9600	372	21	:	:	PUNCT
easat-9600	372	22	empirical	empirical	ADJ
easat-9600	372	23	evidence	evidence	NOUN
easat-9600	372	24	from	from	ADP
easat-9600	372	25	korea	korea	PROPN
easat-9600	372	26	,	,	PUNCT
easat-9600	372	27	"	"	PUNCT
easat-9600	372	28	journal	journal	NOUN
easat-9600	372	29	of	of	ADP
easat-9600	372	30	business	business	NOUN
easat-9600	372	31	ethics	ethic	NOUN
easat-9600	372	32	,	,	PUNCT
easat-9600	372	33	vol	vol	NOUN
easat-9600	372	34	.	.	PROPN
easat-9600	372	35	104	104	NUM
easat-9600	372	36	,	,	PUNCT
easat-9600	372	37	no	no	INTJ
easat-9600	372	38	.	.	NOUN
easat-9600	372	39	2	2	NUM
easat-9600	372	40	,	,	PUNCT
easat-9600	372	41	pp	pp	ADJ
easat-9600	372	42	.	.	PUNCT
easat-9600	373	1	283	283	NUM
easat-9600	373	2	-	-	SYM
easat-9600	373	3	297	297	NUM
easat-9600	373	4	,	,	PUNCT
easat-9600	373	5	2011	2011	NUM
easat-9600	373	6	.	.	PUNCT
easat-9600	374	1	https://doi.org/10.1007/s10551-011-0912-z	https://doi.org/10.1007/s10551-011-0912-z	NOUN
easat-9600	374	2	https://doi.org/10.2307/2672914	https://doi.org/10.2307/2672914	VERB
easat-9600	374	3	https://doi.org/10.1287/mnsc.2014.1984	https://doi.org/10.1287/mnsc.2014.1984	PROPN
easat-9600	374	4	https://doi.org/10.1016/j.gfj.2017.03.001	https://doi.org/10.1016/j.gfj.2017.03.001	PROPN
easat-9600	374	5	https://doi.org/10.1016/j.jaccpubpol.2016.06.001	https://doi.org/10.1016/j.jaccpubpol.2016.06.001	NOUN
easat-9600	374	6	https://doi.org/10.2308/accr.2009.84.3.937	https://doi.org/10.2308/accr.2009.84.3.937	NOUN
easat-9600	374	7	https://doi.org/10.1007/s10551-011-0912-z	https://doi.org/10.1007/s10551-011-0912-z	PROPN