id	sid	tid	token	lemma	pos
fbem-12565	1	1	frontiers	frontier	NOUN
fbem-12565	1	2	in	in	ADP
fbem-12565	1	3	business	business	NOUN
fbem-12565	1	4	,	,	PUNCT
fbem-12565	1	5	economics	economic	NOUN
fbem-12565	1	6	and	and	CCONJ
fbem-12565	1	7	management	management	NOUN
fbem-12565	1	8	issn	issn	PROPN
fbem-12565	1	9	:	:	PUNCT
fbem-12565	1	10	2766	2766	NUM
fbem-12565	1	11	-	-	PUNCT
fbem-12565	1	12	824x	824x	NUM
fbem-12565	1	13	|	|	ADJ
fbem-12565	1	14	vol	vol	NOUN
fbem-12565	1	15	.	.	PUNCT
fbem-12565	2	1	11	11	NUM
fbem-12565	2	2	,	,	PUNCT
fbem-12565	2	3	no	no	INTJ
fbem-12565	2	4	.	.	NOUN
fbem-12565	2	5	2	2	NUM
fbem-12565	2	6	,	,	PUNCT
fbem-12565	2	7	2023	2023	NUM
fbem-12565	2	8	96	96	NUM
fbem-12565	2	9	the	the	DET
fbem-12565	2	10	impact	impact	NOUN
fbem-12565	2	11	of	of	ADP
fbem-12565	2	12	economic	economic	ADJ
fbem-12565	2	13	policy	policy	NOUN
fbem-12565	2	14	uncertainty	uncertainty	NOUN
fbem-12565	2	15	on	on	ADP
fbem-12565	2	16	the	the	DET
fbem-12565	2	17	corporate	corporate	ADJ
fbem-12565	2	18	esg	esg	NOUN
fbem-12565	2	19	performance	performance	NOUN
fbem-12565	2	20	ling	le	VERB
fbem-12565	2	21	zu1	zu1	PROPN
fbem-12565	2	22	,	,	PUNCT
fbem-12565	2	23	*	*	PROPN
fbem-12565	2	24	1department	1department	NUM
fbem-12565	2	25	of	of	ADP
fbem-12565	2	26	business	business	NOUN
fbem-12565	2	27	,	,	PUNCT
fbem-12565	2	28	east	east	PROPN
fbem-12565	2	29	china	china	PROPN
fbem-12565	2	30	university	university	PROPN
fbem-12565	2	31	of	of	ADP
fbem-12565	2	32	political	political	ADJ
fbem-12565	2	33	science	science	NOUN
fbem-12565	2	34	and	and	CCONJ
fbem-12565	2	35	law	law	NOUN
fbem-12565	2	36	,	,	PUNCT
fbem-12565	2	37	shanghai	shanghai	PROPN
fbem-12565	2	38	,	,	PUNCT
fbem-12565	2	39	china	china	PROPN
fbem-12565	2	40	*	*	PUNCT
fbem-12565	2	41	corresponding	correspond	VERB
fbem-12565	2	42	author	author	NOUN
fbem-12565	2	43	email	email	NOUN
fbem-12565	2	44	:	:	PUNCT
fbem-12565	3	1	zulingchn@outlook.com	zulingchn@outlook.com	X
fbem-12565	3	2	abstract	abstract	NOUN
fbem-12565	3	3	:	:	PUNCT
fbem-12565	3	4	with	with	ADP
fbem-12565	3	5	the	the	DET
fbem-12565	3	6	continuous	continuous	ADJ
fbem-12565	3	7	deterioration	deterioration	NOUN
fbem-12565	3	8	of	of	ADP
fbem-12565	3	9	the	the	DET
fbem-12565	3	10	global	global	ADJ
fbem-12565	3	11	climate	climate	NOUN
fbem-12565	3	12	,	,	PUNCT
fbem-12565	3	13	ecological	ecological	ADJ
fbem-12565	3	14	governance	governance	NOUN
fbem-12565	3	15	is	be	AUX
fbem-12565	3	16	gradually	gradually	ADV
fbem-12565	3	17	paid	pay	VERB
fbem-12565	3	18	attention	attention	NOUN
fbem-12565	3	19	to	to	ADP
fbem-12565	3	20	by	by	ADP
fbem-12565	3	21	all	all	DET
fbem-12565	3	22	countries	country	NOUN
fbem-12565	3	23	,	,	PUNCT
fbem-12565	3	24	and	and	CCONJ
fbem-12565	3	25	green	green	ADJ
fbem-12565	3	26	and	and	CCONJ
fbem-12565	3	27	sustainable	sustainable	ADJ
fbem-12565	3	28	development	development	NOUN
fbem-12565	3	29	has	have	AUX
fbem-12565	3	30	also	also	ADV
fbem-12565	3	31	become	become	VERB
fbem-12565	3	32	an	an	DET
fbem-12565	3	33	important	important	ADJ
fbem-12565	3	34	indicator	indicator	NOUN
fbem-12565	3	35	for	for	SCONJ
fbem-12565	3	36	investors	investor	NOUN
fbem-12565	3	37	to	to	PART
fbem-12565	3	38	measure	measure	VERB
fbem-12565	3	39	the	the	DET
fbem-12565	3	40	development	development	NOUN
fbem-12565	3	41	of	of	ADP
fbem-12565	3	42	enterprises	enterprise	NOUN
fbem-12565	3	43	.	.	PUNCT
fbem-12565	4	1	based	base	VERB
fbem-12565	4	2	on	on	ADP
fbem-12565	4	3	the	the	DET
fbem-12565	4	4	data	datum	NOUN
fbem-12565	4	5	of	of	ADP
fbem-12565	4	6	a	a	DET
fbem-12565	4	7	-	-	PUNCT
fbem-12565	4	8	share	share	NOUN
fbem-12565	4	9	listed	list	VERB
fbem-12565	4	10	companies	company	NOUN
fbem-12565	4	11	in	in	ADP
fbem-12565	4	12	2014	2014	NUM
fbem-12565	4	13	-	-	SYM
fbem-12565	4	14	2022	2022	NUM
fbem-12565	4	15	,	,	PUNCT
fbem-12565	4	16	this	this	DET
fbem-12565	4	17	paper	paper	NOUN
fbem-12565	4	18	considers	consider	VERB
fbem-12565	4	19	the	the	DET
fbem-12565	4	20	impact	impact	NOUN
fbem-12565	4	21	of	of	ADP
fbem-12565	4	22	economic	economic	ADJ
fbem-12565	4	23	policy	policy	NOUN
fbem-12565	4	24	uncertainty	uncertainty	NOUN
fbem-12565	4	25	on	on	ADP
fbem-12565	4	26	the	the	DET
fbem-12565	4	27	esg	esg	NOUN
fbem-12565	4	28	performance	performance	NOUN
fbem-12565	4	29	of	of	ADP
fbem-12565	4	30	enterprises	enterprise	NOUN
fbem-12565	4	31	from	from	ADP
fbem-12565	4	32	a	a	DET
fbem-12565	4	33	macro	macro	ADJ
fbem-12565	4	34	perspective	perspective	NOUN
fbem-12565	4	35	.	.	PUNCT
fbem-12565	5	1	the	the	DET
fbem-12565	5	2	study	study	NOUN
fbem-12565	5	3	found	find	VERB
fbem-12565	5	4	that	that	SCONJ
fbem-12565	5	5	the	the	DET
fbem-12565	5	6	economic	economic	ADJ
fbem-12565	5	7	policy	policy	NOUN
fbem-12565	5	8	uncertainty	uncertainty	NOUN
fbem-12565	5	9	has	have	VERB
fbem-12565	5	10	a	a	DET
fbem-12565	5	11	negative	negative	ADJ
fbem-12565	5	12	impact	impact	NOUN
fbem-12565	5	13	on	on	ADP
fbem-12565	5	14	the	the	DET
fbem-12565	5	15	esg	esg	NOUN
fbem-12565	5	16	performance	performance	NOUN
fbem-12565	5	17	of	of	ADP
fbem-12565	5	18	enterprises	enterprise	NOUN
fbem-12565	5	19	,	,	PUNCT
fbem-12565	5	20	but	but	CCONJ
fbem-12565	5	21	the	the	DET
fbem-12565	5	22	conclusions	conclusion	NOUN
fbem-12565	5	23	are	be	AUX
fbem-12565	5	24	different	different	ADJ
fbem-12565	5	25	under	under	ADP
fbem-12565	5	26	different	different	ADJ
fbem-12565	5	27	property	property	NOUN
fbem-12565	5	28	rights	right	NOUN
fbem-12565	5	29	properties	property	NOUN
fbem-12565	5	30	.	.	PUNCT
fbem-12565	6	1	the	the	DET
fbem-12565	6	2	rise	rise	NOUN
fbem-12565	6	3	of	of	ADP
fbem-12565	6	4	economic	economic	ADJ
fbem-12565	6	5	policy	policy	NOUN
fbem-12565	6	6	uncertainty	uncertainty	NOUN
fbem-12565	6	7	has	have	VERB
fbem-12565	6	8	a	a	DET
fbem-12565	6	9	positive	positive	ADJ
fbem-12565	6	10	impact	impact	NOUN
fbem-12565	6	11	on	on	ADP
fbem-12565	6	12	state	state	NOUN
fbem-12565	6	13	-	-	PUNCT
fbem-12565	6	14	owned	own	VERB
fbem-12565	6	15	enterprises	enterprise	NOUN
fbem-12565	6	16	and	and	CCONJ
fbem-12565	6	17	a	a	DET
fbem-12565	6	18	negative	negative	ADJ
fbem-12565	6	19	impact	impact	NOUN
fbem-12565	6	20	on	on	ADP
fbem-12565	6	21	non	non	ADJ
fbem-12565	6	22	-	-	ADJ
fbem-12565	6	23	state	state	NOUN
fbem-12565	6	24	-	-	PUNCT
fbem-12565	6	25	owned	own	VERB
fbem-12565	6	26	enterprises	enterprise	NOUN
fbem-12565	6	27	.	.	PUNCT
fbem-12565	7	1	keywords	keyword	NOUN
fbem-12565	7	2	:	:	PUNCT
fbem-12565	7	3	economic	economic	ADJ
fbem-12565	7	4	policy	policy	NOUN
fbem-12565	7	5	uncertainty	uncertainty	NOUN
fbem-12565	7	6	;	;	PUNCT
fbem-12565	7	7	esg	esg	PROPN
fbem-12565	7	8	;	;	PUNCT
fbem-12565	7	9	sustainable	sustainable	ADJ
fbem-12565	7	10	development	development	NOUN
fbem-12565	7	11	.	.	PUNCT
fbem-12565	8	1	1	1	X
fbem-12565	8	2	.	.	X
fbem-12565	8	3	introduction	introduction	NOUN
fbem-12565	8	4	esg	esg	PROPN
fbem-12565	8	5	is	be	AUX
fbem-12565	8	6	short	short	ADJ
fbem-12565	8	7	for	for	ADP
fbem-12565	8	8	environment	environment	NOUN
fbem-12565	8	9	,	,	PUNCT
fbem-12565	8	10	social	social	ADJ
fbem-12565	8	11	and	and	CCONJ
fbem-12565	8	12	governance	governance	NOUN
fbem-12565	8	13	.	.	PUNCT
fbem-12565	9	1	the	the	DET
fbem-12565	9	2	concept	concept	NOUN
fbem-12565	9	3	of	of	ADP
fbem-12565	9	4	esg	esg	PROPN
fbem-12565	9	5	was	be	AUX
fbem-12565	9	6	originally	originally	ADV
fbem-12565	9	7	generated	generate	VERB
fbem-12565	9	8	by	by	ADP
fbem-12565	9	9	ethical	ethical	ADJ
fbem-12565	9	10	investment	investment	NOUN
fbem-12565	9	11	and	and	CCONJ
fbem-12565	9	12	responsible	responsible	ADJ
fbem-12565	9	13	investment	investment	NOUN
fbem-12565	9	14	,	,	PUNCT
fbem-12565	9	15	and	and	CCONJ
fbem-12565	9	16	was	be	AUX
fbem-12565	9	17	proposed	propose	VERB
fbem-12565	9	18	by	by	ADP
fbem-12565	9	19	goldman	goldman	PROPN
fbem-12565	9	20	sachs	sachs	PROPN
fbem-12565	9	21	in	in	ADP
fbem-12565	9	22	2006	2006	NUM
fbem-12565	9	23	.	.	PUNCT
fbem-12565	10	1	after	after	ADP
fbem-12565	10	2	continuous	continuous	ADJ
fbem-12565	10	3	improvement	improvement	NOUN
fbem-12565	10	4	by	by	ADP
fbem-12565	10	5	international	international	ADJ
fbem-12565	10	6	organizations	organization	NOUN
fbem-12565	10	7	and	and	CCONJ
fbem-12565	10	8	major	major	ADJ
fbem-12565	10	9	investment	investment	NOUN
fbem-12565	10	10	institutions	institution	NOUN
fbem-12565	10	11	,	,	PUNCT
fbem-12565	10	12	a	a	DET
fbem-12565	10	13	relatively	relatively	ADV
fbem-12565	10	14	complete	complete	ADJ
fbem-12565	10	15	indicator	indicator	NOUN
fbem-12565	10	16	reflecting	reflect	VERB
fbem-12565	10	17	the	the	DET
fbem-12565	10	18	sustainable	sustainable	ADJ
fbem-12565	10	19	development	development	NOUN
fbem-12565	10	20	level	level	NOUN
fbem-12565	10	21	of	of	ADP
fbem-12565	10	22	the	the	DET
fbem-12565	10	23	company	company	NOUN
fbem-12565	10	24	was	be	AUX
fbem-12565	10	25	formed	form	VERB
fbem-12565	10	26	.	.	PUNCT
fbem-12565	11	1	it	it	PRON
fbem-12565	11	2	has	have	AUX
fbem-12565	11	3	gradually	gradually	ADV
fbem-12565	11	4	replaced	replace	VERB
fbem-12565	11	5	socially	socially	ADV
fbem-12565	11	6	responsible	responsible	ADJ
fbem-12565	11	7	investment	investment	NOUN
fbem-12565	11	8	as	as	ADP
fbem-12565	11	9	an	an	DET
fbem-12565	11	10	indicator	indicator	NOUN
fbem-12565	11	11	of	of	ADP
fbem-12565	11	12	investors	investor	NOUN
fbem-12565	11	13	'	'	PART
fbem-12565	11	14	measurement	measurement	NOUN
fbem-12565	11	15	of	of	ADP
fbem-12565	11	16	corporate	corporate	ADJ
fbem-12565	11	17	investment	investment	NOUN
fbem-12565	11	18	prospects	prospect	NOUN
fbem-12565	11	19	,	,	PUNCT
fbem-12565	11	20	and	and	CCONJ
fbem-12565	11	21	by	by	ADP
fbem-12565	11	22	the	the	DET
fbem-12565	11	23	end	end	NOUN
fbem-12565	11	24	of	of	ADP
fbem-12565	11	25	2020	2020	NUM
fbem-12565	11	26	,	,	PUNCT
fbem-12565	11	27	a	a	DET
fbem-12565	11	28	third	third	NOUN
fbem-12565	11	29	of	of	ADP
fbem-12565	11	30	the	the	DET
fbem-12565	11	31	us	us	PROPN
fbem-12565	11	32	professional	professional	ADJ
fbem-12565	11	33	managed	manage	VERB
fbem-12565	11	34	investments	investment	NOUN
fbem-12565	11	35	have	have	AUX
fbem-12565	11	36	thought	think	VERB
fbem-12565	11	37	of	of	ADP
fbem-12565	11	38	the	the	DET
fbem-12565	11	39	company	company	NOUN
fbem-12565	11	40	's	's	PART
fbem-12565	11	41	esg	esg	NOUN
fbem-12565	11	42	performance	performance	NOUN
fbem-12565	11	43	.	.	PUNCT
fbem-12565	12	1	with	with	ADP
fbem-12565	12	2	the	the	DET
fbem-12565	12	3	change	change	NOUN
fbem-12565	12	4	of	of	ADP
fbem-12565	12	5	china	china	PROPN
fbem-12565	12	6	's	's	PART
fbem-12565	12	7	development	development	NOUN
fbem-12565	12	8	stage	stage	NOUN
fbem-12565	12	9	and	and	CCONJ
fbem-12565	12	10	the	the	DET
fbem-12565	12	11	proposal	proposal	NOUN
fbem-12565	12	12	of	of	ADP
fbem-12565	12	13	the	the	DET
fbem-12565	12	14	concept	concept	NOUN
fbem-12565	12	15	of	of	ADP
fbem-12565	12	16	"	"	PUNCT
fbem-12565	12	17	carbon	carbon	NOUN
fbem-12565	12	18	neutrality	neutrality	NOUN
fbem-12565	12	19	"	"	PUNCT
fbem-12565	12	20	,	,	PUNCT
fbem-12565	12	21	the	the	DET
fbem-12565	12	22	attention	attention	NOUN
fbem-12565	12	23	to	to	ADP
fbem-12565	12	24	the	the	DET
fbem-12565	12	25	esg	esg	NOUN
fbem-12565	12	26	performance	performance	NOUN
fbem-12565	12	27	of	of	ADP
fbem-12565	12	28	enterprises	enterprise	NOUN
fbem-12565	12	29	has	have	AUX
fbem-12565	12	30	gradually	gradually	ADV
fbem-12565	12	31	increased	increase	VERB
fbem-12565	12	32	.	.	PUNCT
fbem-12565	13	1	in	in	ADP
fbem-12565	13	2	november	november	PROPN
fbem-12565	13	3	2018	2018	NUM
fbem-12565	13	4	,	,	PUNCT
fbem-12565	13	5	amac	amac	PROPN
fbem-12565	13	6	officially	officially	ADV
fbem-12565	13	7	released	release	VERB
fbem-12565	13	8	the	the	DET
fbem-12565	13	9	research	research	NOUN
fbem-12565	13	10	report	report	NOUN
fbem-12565	13	11	on	on	ADP
fbem-12565	13	12	esg	esg	NOUN
fbem-12565	13	13	evaluation	evaluation	NOUN
fbem-12565	13	14	system	system	NOUN
fbem-12565	13	15	of	of	ADP
fbem-12565	13	16	chinese	chinese	ADJ
fbem-12565	13	17	listed	list	VERB
fbem-12565	13	18	companies	company	NOUN
fbem-12565	13	19	,	,	PUNCT
fbem-12565	13	20	which	which	PRON
fbem-12565	13	21	put	put	VERB
fbem-12565	13	22	forward	forward	ADP
fbem-12565	13	23	the	the	DET
fbem-12565	13	24	core	core	ADJ
fbem-12565	13	25	indicators	indicator	NOUN
fbem-12565	13	26	to	to	PART
fbem-12565	13	27	measure	measure	VERB
fbem-12565	13	28	esg	esg	PROPN
fbem-12565	13	29	of	of	ADP
fbem-12565	13	30	listed	list	VERB
fbem-12565	13	31	companies	company	NOUN
fbem-12565	13	32	.	.	PUNCT
fbem-12565	14	1	in	in	ADP
fbem-12565	14	2	january	january	PROPN
fbem-12565	14	3	2022	2022	NUM
fbem-12565	14	4	,	,	PUNCT
fbem-12565	14	5	the	the	DET
fbem-12565	14	6	shanghai	shanghai	PROPN
fbem-12565	14	7	stock	stock	PROPN
fbem-12565	14	8	exchange	exchange	PROPN
fbem-12565	14	9	issued	issue	VERB
fbem-12565	14	10	a	a	DET
fbem-12565	14	11	notice	notice	NOUN
fbem-12565	14	12	to	to	PART
fbem-12565	14	13	encourage	encourage	VERB
fbem-12565	14	14	technology	technology	NOUN
fbem-12565	14	15	companies	company	NOUN
fbem-12565	14	16	to	to	PART
fbem-12565	14	17	disclose	disclose	VERB
fbem-12565	14	18	esg	esg	PROPN
fbem-12565	14	19	information	information	NOUN
fbem-12565	14	20	,	,	PUNCT
fbem-12565	14	21	but	but	CCONJ
fbem-12565	14	22	china	china	PROPN
fbem-12565	14	23	's	's	PART
fbem-12565	14	24	esg	esg	NOUN
fbem-12565	14	25	system	system	NOUN
fbem-12565	14	26	is	be	AUX
fbem-12565	14	27	still	still	ADV
fbem-12565	14	28	in	in	ADP
fbem-12565	14	29	the	the	DET
fbem-12565	14	30	exploratory	exploratory	ADJ
fbem-12565	14	31	stage	stage	NOUN
fbem-12565	14	32	.	.	PUNCT
fbem-12565	15	1	since	since	SCONJ
fbem-12565	15	2	the	the	DET
fbem-12565	15	3	beginning	beginning	NOUN
fbem-12565	15	4	of	of	ADP
fbem-12565	15	5	the	the	DET
fbem-12565	15	6	21st	21st	ADJ
fbem-12565	15	7	century	century	NOUN
fbem-12565	15	8	,	,	PUNCT
fbem-12565	15	9	especially	especially	ADV
fbem-12565	15	10	after	after	ADP
fbem-12565	15	11	the	the	DET
fbem-12565	15	12	financial	financial	ADJ
fbem-12565	15	13	crisis	crisis	NOUN
fbem-12565	15	14	,	,	PUNCT
fbem-12565	15	15	the	the	DET
fbem-12565	15	16	economies	economy	NOUN
fbem-12565	15	17	of	of	ADP
fbem-12565	15	18	all	all	DET
fbem-12565	15	19	countries	country	NOUN
fbem-12565	15	20	have	have	AUX
fbem-12565	15	21	been	be	AUX
fbem-12565	15	22	greatly	greatly	ADV
fbem-12565	15	23	impacted	impact	VERB
fbem-12565	15	24	,	,	PUNCT
fbem-12565	15	25	and	and	CCONJ
fbem-12565	15	26	the	the	DET
fbem-12565	15	27	international	international	ADJ
fbem-12565	15	28	market	market	NOUN
fbem-12565	15	29	is	be	AUX
fbem-12565	15	30	in	in	ADP
fbem-12565	15	31	a	a	DET
fbem-12565	15	32	downturn	downturn	NOUN
fbem-12565	15	33	.	.	PUNCT
fbem-12565	16	1	therefore	therefore	ADV
fbem-12565	16	2	,	,	PUNCT
fbem-12565	16	3	in	in	ADP
fbem-12565	16	4	order	order	NOUN
fbem-12565	16	5	to	to	PART
fbem-12565	16	6	stimulate	stimulate	VERB
fbem-12565	16	7	economic	economic	ADJ
fbem-12565	16	8	recovery	recovery	NOUN
fbem-12565	16	9	,	,	PUNCT
fbem-12565	16	10	countries	country	NOUN
fbem-12565	16	11	have	have	AUX
fbem-12565	16	12	introduced	introduce	VERB
fbem-12565	16	13	a	a	DET
fbem-12565	16	14	series	series	NOUN
fbem-12565	16	15	of	of	ADP
fbem-12565	16	16	monetary	monetary	ADJ
fbem-12565	16	17	policies	policy	NOUN
fbem-12565	16	18	and	and	CCONJ
fbem-12565	16	19	trade	trade	NOUN
fbem-12565	16	20	policies	policy	NOUN
fbem-12565	16	21	.	.	PUNCT
fbem-12565	17	1	the	the	DET
fbem-12565	17	2	uncertainty	uncertainty	NOUN
fbem-12565	17	3	of	of	ADP
fbem-12565	17	4	global	global	ADJ
fbem-12565	17	5	economic	economic	ADJ
fbem-12565	17	6	policy	policy	NOUN
fbem-12565	17	7	has	have	AUX
fbem-12565	17	8	increased	increase	VERB
fbem-12565	17	9	significantly	significantly	ADV
fbem-12565	17	10	,	,	PUNCT
fbem-12565	17	11	and	and	CCONJ
fbem-12565	17	12	it	it	PRON
fbem-12565	17	13	has	have	AUX
fbem-12565	17	14	gradually	gradually	ADV
fbem-12565	17	15	become	become	VERB
fbem-12565	17	16	a	a	DET
fbem-12565	17	17	hot	hot	ADJ
fbem-12565	17	18	topic	topic	NOUN
fbem-12565	17	19	among	among	ADP
fbem-12565	17	20	scholars	scholar	NOUN
fbem-12565	17	21	from	from	ADP
fbem-12565	17	22	all	all	ADV
fbem-12565	17	23	over	over	ADP
fbem-12565	17	24	the	the	DET
fbem-12565	17	25	world	world	NOUN
fbem-12565	17	26	.	.	PUNCT
fbem-12565	18	1	due	due	ADP
fbem-12565	18	2	to	to	ADP
fbem-12565	18	3	the	the	DET
fbem-12565	18	4	unpredictability	unpredictability	NOUN
fbem-12565	18	5	of	of	ADP
fbem-12565	18	6	policies	policy	NOUN
fbem-12565	18	7	,	,	PUNCT
fbem-12565	18	8	business	business	NOUN
fbem-12565	18	9	managers	manager	NOUN
fbem-12565	18	10	will	will	AUX
fbem-12565	18	11	take	take	VERB
fbem-12565	18	12	measures	measure	NOUN
fbem-12565	18	13	to	to	PART
fbem-12565	18	14	reduce	reduce	VERB
fbem-12565	18	15	investment	investment	NOUN
fbem-12565	18	16	and	and	CCONJ
fbem-12565	18	17	curb	curb	VERB
fbem-12565	18	18	innovation	innovation	NOUN
fbem-12565	18	19	to	to	PART
fbem-12565	18	20	reduce	reduce	VERB
fbem-12565	18	21	risks	risk	NOUN
fbem-12565	18	22	.	.	PUNCT
fbem-12565	19	1	yonghai	yonghai	PROPN
fbem-12565	19	2	wang[12	wang[12	PROPN
fbem-12565	19	3	]	]	X
fbem-12565	19	4	et	et	PROPN
fbem-12565	19	5	al	al	PROPN
fbem-12565	19	6	.	.	PROPN
fbem-12565	19	7	proposed	propose	VERB
fbem-12565	19	8	social	social	ADJ
fbem-12565	19	9	responsibility	responsibility	NOUN
fbem-12565	19	10	to	to	PART
fbem-12565	19	11	reduce	reduce	VERB
fbem-12565	19	12	risk	risk	NOUN
fbem-12565	19	13	,	,	PUNCT
fbem-12565	19	14	and	and	CCONJ
fbem-12565	19	15	barko	barko	X
fbem-12565	20	1	[	[	X
fbem-12565	20	2	1	1	X
fbem-12565	20	3	]	]	PUNCT
fbem-12565	20	4	et	et	PROPN
fbem-12565	20	5	al	al	PROPN
fbem-12565	20	6	.	.	PROPN
fbem-12565	20	7	found	find	VERB
fbem-12565	20	8	that	that	SCONJ
fbem-12565	20	9	investors	investor	NOUN
fbem-12565	20	10	prefer	prefer	VERB
fbem-12565	20	11	enterprises	enterprise	NOUN
fbem-12565	20	12	with	with	ADP
fbem-12565	20	13	high	high	ADJ
fbem-12565	20	14	esg	esg	NOUN
fbem-12565	20	15	ratings	rating	NOUN
fbem-12565	20	16	.	.	PUNCT
fbem-12565	21	1	so	so	ADV
fbem-12565	21	2	,	,	PUNCT
fbem-12565	21	3	will	will	AUX
fbem-12565	21	4	companies	company	NOUN
fbem-12565	21	5	raise	raise	VERB
fbem-12565	21	6	their	their	PRON
fbem-12565	21	7	esg	esg	NOUN
fbem-12565	21	8	ratings	rating	NOUN
fbem-12565	21	9	as	as	SCONJ
fbem-12565	21	10	economic	economic	ADJ
fbem-12565	21	11	policy	policy	NOUN
fbem-12565	21	12	uncertainty	uncertainty	NOUN
fbem-12565	21	13	intensifies	intensify	VERB
fbem-12565	21	14	to	to	PART
fbem-12565	21	15	address	address	VERB
fbem-12565	21	16	external	external	ADJ
fbem-12565	21	17	risks	risk	NOUN
fbem-12565	21	18	?	?	PUNCT
fbem-12565	22	1	this	this	DET
fbem-12565	22	2	paper	paper	NOUN
fbem-12565	22	3	selects	select	VERB
fbem-12565	22	4	the	the	DET
fbem-12565	22	5	data	datum	NOUN
fbem-12565	22	6	of	of	ADP
fbem-12565	22	7	ashare	ashare	ADJ
fbem-12565	22	8	listed	list	VERB
fbem-12565	22	9	companies	company	NOUN
fbem-12565	22	10	from	from	ADP
fbem-12565	22	11	2014	2014	NUM
fbem-12565	22	12	to	to	ADP
fbem-12565	22	13	2022	2022	NUM
fbem-12565	22	14	to	to	PART
fbem-12565	22	15	study	study	VERB
fbem-12565	22	16	the	the	DET
fbem-12565	22	17	impact	impact	NOUN
fbem-12565	22	18	of	of	ADP
fbem-12565	22	19	listing	list	VERB
fbem-12565	22	20	with	with	ADP
fbem-12565	22	21	economic	economic	ADJ
fbem-12565	22	22	policy	policy	NOUN
fbem-12565	22	23	uncertainty	uncertainty	NOUN
fbem-12565	22	24	on	on	ADP
fbem-12565	22	25	the	the	DET
fbem-12565	22	26	esg	esg	NOUN
fbem-12565	22	27	performance	performance	NOUN
fbem-12565	22	28	of	of	ADP
fbem-12565	22	29	enterprises	enterprise	NOUN
fbem-12565	22	30	.	.	PUNCT
fbem-12565	23	1	2	2	X
fbem-12565	23	2	.	.	X
fbem-12565	23	3	literature	literature	NOUN
fbem-12565	23	4	references	reference	NOUN
fbem-12565	23	5	2.1	2.1	NUM
fbem-12565	23	6	.	.	PUNCT
fbem-12565	24	1	economic	economic	ADJ
fbem-12565	24	2	policy	policy	NOUN
fbem-12565	24	3	uncertainty	uncertainty	NOUN
fbem-12565	24	4	economic	economic	ADJ
fbem-12565	24	5	policy	policy	NOUN
fbem-12565	24	6	uncertainty	uncertainty	NOUN
fbem-12565	24	7	mainly	mainly	ADV
fbem-12565	24	8	refers	refer	VERB
fbem-12565	24	9	to	to	ADP
fbem-12565	24	10	the	the	DET
fbem-12565	24	11	uncertainty	uncertainty	NOUN
fbem-12565	24	12	caused	cause	VERB
fbem-12565	24	13	by	by	ADP
fbem-12565	24	14	the	the	DET
fbem-12565	24	15	unpredictability	unpredictability	NOUN
fbem-12565	24	16	of	of	ADP
fbem-12565	24	17	economic	economic	ADJ
fbem-12565	24	18	policies	policy	NOUN
fbem-12565	24	19	,	,	PUNCT
fbem-12565	24	20	which	which	PRON
fbem-12565	24	21	makes	make	VERB
fbem-12565	24	22	it	it	PRON
fbem-12565	24	23	impossible	impossible	ADJ
fbem-12565	24	24	for	for	SCONJ
fbem-12565	24	25	enterprises	enterprise	NOUN
fbem-12565	24	26	to	to	PART
fbem-12565	24	27	predict	predict	VERB
fbem-12565	24	28	their	their	PRON
fbem-12565	24	29	impact	impact	NOUN
fbem-12565	24	30	on	on	ADP
fbem-12565	24	31	themselves	themselves	PRON
fbem-12565	24	32	.	.	PUNCT
fbem-12565	25	1	from	from	ADP
fbem-12565	25	2	a	a	DET
fbem-12565	25	3	macro	macro	ADJ
fbem-12565	25	4	perspective	perspective	NOUN
fbem-12565	25	5	,	,	PUNCT
fbem-12565	25	6	bloom	bloom	NOUN
fbem-12565	26	1	[	[	X
fbem-12565	26	2	2	2	X
fbem-12565	26	3	]	]	PUNCT
fbem-12565	26	4	suggests	suggest	VERB
fbem-12565	26	5	that	that	SCONJ
fbem-12565	26	6	economic	economic	ADJ
fbem-12565	26	7	policy	policy	NOUN
fbem-12565	26	8	uncertainty	uncertainty	NOUN
fbem-12565	26	9	is	be	AUX
fbem-12565	26	10	an	an	DET
fbem-12565	26	11	important	important	ADJ
fbem-12565	26	12	factor	factor	NOUN
fbem-12565	26	13	leading	lead	VERB
fbem-12565	26	14	to	to	ADP
fbem-12565	26	15	the	the	DET
fbem-12565	26	16	recession	recession	NOUN
fbem-12565	26	17	.	.	PUNCT
fbem-12565	27	1	born	bear	VERB
fbem-12565	27	2	and	and	CCONJ
fbem-12565	27	3	pfeifer[3	pfeifer[3	NOUN
fbem-12565	27	4	]	]	PUNCT
fbem-12565	27	5	found	find	VERB
fbem-12565	27	6	that	that	SCONJ
fbem-12565	27	7	rising	rise	VERB
fbem-12565	27	8	economic	economic	ADJ
fbem-12565	27	9	policy	policy	NOUN
fbem-12565	27	10	uncertainty	uncertainty	NOUN
fbem-12565	27	11	had	have	VERB
fbem-12565	27	12	a	a	DET
fbem-12565	27	13	negative	negative	ADJ
fbem-12565	27	14	impact	impact	NOUN
fbem-12565	27	15	on	on	ADP
fbem-12565	27	16	price	price	NOUN
fbem-12565	27	17	levels	level	NOUN
fbem-12565	27	18	and	and	CCONJ
fbem-12565	27	19	total	total	ADJ
fbem-12565	27	20	social	social	ADJ
fbem-12565	27	21	output	output	NOUN
fbem-12565	27	22	.	.	PUNCT
fbem-12565	28	1	pastor	pastor	NOUN
fbem-12565	29	1	[	[	X
fbem-12565	29	2	4	4	X
fbem-12565	29	3	]	]	PUNCT
fbem-12565	29	4	found	find	VERB
fbem-12565	29	5	that	that	SCONJ
fbem-12565	29	6	this	this	DET
fbem-12565	29	7	uncertainty	uncertainty	NOUN
fbem-12565	29	8	also	also	ADV
fbem-12565	29	9	increases	increase	VERB
fbem-12565	29	10	the	the	DET
fbem-12565	29	11	risk	risk	NOUN
fbem-12565	29	12	of	of	ADP
fbem-12565	29	13	a	a	DET
fbem-12565	29	14	stock	stock	NOUN
fbem-12565	29	15	price	price	NOUN
fbem-12565	29	16	crash	crash	NOUN
fbem-12565	29	17	.	.	PUNCT
fbem-12565	30	1	from	from	ADP
fbem-12565	30	2	the	the	DET
fbem-12565	30	3	micro	micro	ADJ
fbem-12565	30	4	point	point	NOUN
fbem-12565	30	5	of	of	ADP
fbem-12565	30	6	view	view	NOUN
fbem-12565	30	7	,	,	PUNCT
fbem-12565	30	8	the	the	DET
fbem-12565	30	9	economic	economic	ADJ
fbem-12565	30	10	policy	policy	NOUN
fbem-12565	30	11	uncertainty	uncertainty	NOUN
fbem-12565	30	12	mainly	mainly	ADV
fbem-12565	30	13	affects	affect	VERB
fbem-12565	30	14	the	the	DET
fbem-12565	30	15	investment	investment	NOUN
fbem-12565	30	16	and	and	CCONJ
fbem-12565	30	17	financing	financing	NOUN
fbem-12565	30	18	behavior	behavior	NOUN
fbem-12565	30	19	of	of	ADP
fbem-12565	30	20	enterprises	enterprise	NOUN
fbem-12565	30	21	.	.	PUNCT
fbem-12565	31	1	bernanke[5	bernanke[5	PUNCT
fbem-12565	31	2	]	]	X
fbem-12565	31	3	they	they	PRON
fbem-12565	31	4	believe	believe	VERB
fbem-12565	31	5	that	that	SCONJ
fbem-12565	31	6	economic	economic	ADJ
fbem-12565	31	7	policy	policy	NOUN
fbem-12565	31	8	uncertainty	uncertainty	NOUN
fbem-12565	31	9	increases	increase	VERB
fbem-12565	31	10	the	the	DET
fbem-12565	31	11	cost	cost	NOUN
fbem-12565	31	12	of	of	ADP
fbem-12565	31	13	corporate	corporate	ADJ
fbem-12565	31	14	access	access	NOUN
fbem-12565	31	15	to	to	ADP
fbem-12565	31	16	information	information	NOUN
fbem-12565	31	17	,	,	PUNCT
fbem-12565	31	18	thus	thus	ADV
fbem-12565	31	19	affecting	affect	VERB
fbem-12565	31	20	their	their	PRON
fbem-12565	31	21	short	short	ADJ
fbem-12565	31	22	-	-	PUNCT
fbem-12565	31	23	term	term	NOUN
fbem-12565	31	24	investment	investment	NOUN
fbem-12565	31	25	.	.	PUNCT
fbem-12565	32	1	based	base	VERB
fbem-12565	32	2	on	on	ADP
fbem-12565	32	3	the	the	DET
fbem-12565	32	4	data	datum	NOUN
fbem-12565	32	5	of	of	ADP
fbem-12565	32	6	chinese	chinese	ADJ
fbem-12565	32	7	enterprises	enterprise	NOUN
fbem-12565	32	8	,	,	PUNCT
fbem-12565	32	9	pingui	pingui	NOUN
fbem-12565	32	10	rao[13	rao[13	PROPN
fbem-12565	32	11	]	]	PUNCT
fbem-12565	32	12	et	et	PROPN
fbem-12565	32	13	al	al	PROPN
fbem-12565	32	14	.	.	PROPN
fbem-12565	32	15	found	find	VERB
fbem-12565	32	16	that	that	SCONJ
fbem-12565	32	17	when	when	SCONJ
fbem-12565	32	18	economic	economic	ADJ
fbem-12565	32	19	policy	policy	NOUN
fbem-12565	32	20	uncertainty	uncertainty	NOUN
fbem-12565	32	21	rises	rise	VERB
fbem-12565	32	22	,	,	PUNCT
fbem-12565	32	23	companies	company	NOUN
fbem-12565	32	24	will	will	AUX
fbem-12565	32	25	reduce	reduce	VERB
fbem-12565	32	26	their	their	PRON
fbem-12565	32	27	investment	investment	NOUN
fbem-12565	32	28	.	.	PUNCT
fbem-12565	33	1	yuchao	yuchao	PROPN
fbem-12565	33	2	peng[14	peng[14	PROPN
fbem-12565	33	3	]	]	PUNCT
fbem-12565	33	4	found	find	VERB
fbem-12565	33	5	that	that	SCONJ
fbem-12565	33	6	the	the	DET
fbem-12565	33	7	increase	increase	NOUN
fbem-12565	33	8	of	of	ADP
fbem-12565	33	9	economic	economic	ADJ
fbem-12565	33	10	policy	policy	NOUN
fbem-12565	33	11	uncertainty	uncertainty	NOUN
fbem-12565	33	12	would	would	AUX
fbem-12565	33	13	reduce	reduce	VERB
fbem-12565	33	14	the	the	DET
fbem-12565	33	15	holding	hold	VERB
fbem-12565	33	16	amount	amount	NOUN
fbem-12565	33	17	of	of	ADP
fbem-12565	33	18	financial	financial	ADJ
fbem-12565	33	19	products	product	NOUN
fbem-12565	33	20	and	and	CCONJ
fbem-12565	33	21	thus	thus	ADV
fbem-12565	33	22	inhibit	inhibit	VERB
fbem-12565	33	23	the	the	DET
fbem-12565	33	24	financialization	financialization	NOUN
fbem-12565	33	25	of	of	ADP
fbem-12565	33	26	enterprises	enterprise	NOUN
fbem-12565	33	27	.	.	PUNCT
fbem-12565	34	1	xu	xu	PROPN
fbem-12565	35	1	[	[	X
fbem-12565	35	2	6	6	NUM
fbem-12565	35	3	]	]	PUNCT
fbem-12565	35	4	research	research	NOUN
fbem-12565	35	5	shows	show	VERB
fbem-12565	35	6	that	that	SCONJ
fbem-12565	35	7	economic	economic	ADJ
fbem-12565	35	8	policy	policy	NOUN
fbem-12565	35	9	uncertainty	uncertainty	NOUN
fbem-12565	35	10	increases	increase	VERB
fbem-12565	35	11	the	the	DET
fbem-12565	35	12	cost	cost	NOUN
fbem-12565	35	13	of	of	ADP
fbem-12565	35	14	equity	equity	NOUN
fbem-12565	35	15	and	and	CCONJ
fbem-12565	35	16	debt	debt	NOUN
fbem-12565	35	17	,	,	PUNCT
fbem-12565	35	18	thus	thus	ADV
fbem-12565	35	19	reducing	reduce	VERB
fbem-12565	35	20	their	their	PRON
fbem-12565	35	21	innovation	innovation	NOUN
fbem-12565	35	22	output	output	NOUN
fbem-12565	35	23	.	.	PUNCT
fbem-12565	36	1	but	but	CCONJ
fbem-12565	36	2	the	the	DET
fbem-12565	36	3	xiaming	xiaming	NOUN
fbem-12565	36	4	gu[15	gu[15	PROPN
fbem-12565	36	5	]	]	X
fbem-12565	36	6	et	et	PROPN
fbem-12565	36	7	al	al	PROPN
fbem-12565	36	8	.	.	PROPN
fbem-12565	37	1	and	and	CCONJ
fbem-12565	37	2	others	other	NOUN
fbem-12565	37	3	found	find	VERB
fbem-12565	37	4	that	that	SCONJ
fbem-12565	37	5	economic	economic	ADJ
fbem-12565	37	6	policy	policy	NOUN
fbem-12565	37	7	uncertainty	uncertainty	NOUN
fbem-12565	37	8	would	would	AUX
fbem-12565	37	9	boost	boost	VERB
fbem-12565	37	10	the	the	DET
fbem-12565	37	11	number	number	NOUN
fbem-12565	37	12	of	of	ADP
fbem-12565	37	13	patent	patent	NOUN
fbem-12565	37	14	applications	application	NOUN
fbem-12565	37	15	filed	file	VERB
fbem-12565	37	16	by	by	ADP
fbem-12565	37	17	chinese	chinese	ADJ
fbem-12565	37	18	listed	list	VERB
fbem-12565	37	19	companies	company	NOUN
fbem-12565	37	20	.	.	PUNCT
fbem-12565	38	1	jifu	jifu	PROPN
fbem-12565	38	2	qiu[16	qiu[16	PROPN
fbem-12565	38	3	]	]	PUNCT
fbem-12565	38	4	et	et	PROPN
fbem-12565	38	5	al	al	PROPN
fbem-12565	38	6	.	.	PROPN
fbem-12565	38	7	pointed	point	VERB
fbem-12565	38	8	out	out	ADP
fbem-12565	38	9	that	that	SCONJ
fbem-12565	38	10	economic	economic	ADJ
fbem-12565	38	11	policy	policy	NOUN
fbem-12565	38	12	uncertainty	uncertainty	NOUN
fbem-12565	38	13	can	can	AUX
fbem-12565	38	14	encourage	encourage	VERB
fbem-12565	38	15	enterprises	enterprise	NOUN
fbem-12565	38	16	to	to	PART
fbem-12565	38	17	disclose	disclose	VERB
fbem-12565	38	18	social	social	ADJ
fbem-12565	38	19	responsibility	responsibility	NOUN
fbem-12565	38	20	information	information	NOUN
fbem-12565	38	21	to	to	ADP
fbem-12565	38	22	some	some	DET
fbem-12565	38	23	extent	extent	NOUN
fbem-12565	38	24	,	,	PUNCT
fbem-12565	38	25	but	but	CCONJ
fbem-12565	38	26	can	can	AUX
fbem-12565	38	27	not	not	PART
fbem-12565	38	28	confirm	confirm	VERB
fbem-12565	38	29	the	the	DET
fbem-12565	38	30	performance	performance	NOUN
fbem-12565	38	31	of	of	ADP
fbem-12565	38	32	corporate	corporate	ADJ
fbem-12565	38	33	social	social	ADJ
fbem-12565	38	34	responsibility	responsibility	NOUN
fbem-12565	38	35	.	.	PUNCT
fbem-12565	39	1	2.2	2.2	NUM
fbem-12565	39	2	.	.	PUNCT
fbem-12565	40	1	esg	esg	PROPN
fbem-12565	40	2	esg	esg	PROPN
fbem-12565	40	3	is	be	AUX
fbem-12565	40	4	a	a	DET
fbem-12565	40	5	concrete	concrete	ADJ
fbem-12565	40	6	projection	projection	NOUN
fbem-12565	40	7	of	of	ADP
fbem-12565	40	8	the	the	DET
fbem-12565	40	9	concept	concept	NOUN
fbem-12565	40	10	of	of	ADP
fbem-12565	40	11	sustainable	sustainable	ADJ
fbem-12565	40	12	development	development	NOUN
fbem-12565	40	13	in	in	ADP
fbem-12565	40	14	micro	micro	ADJ
fbem-12565	40	15	enterprises	enterprise	NOUN
fbem-12565	40	16	.	.	PUNCT
fbem-12565	41	1	pastor	pastor	PROPN
fbem-12565	41	2	l'ubos	l'ubos	PROPN
fbem-12565	41	3	[	[	X
fbem-12565	41	4	7	7	NUM
fbem-12565	41	5	]	]	PUNCT
fbem-12565	41	6	et	et	PROPN
fbem-12565	41	7	al	al	PROPN
fbem-12565	41	8	.	.	PROPN
fbem-12565	41	9	have	have	AUX
fbem-12565	41	10	established	establish	VERB
fbem-12565	41	11	an	an	DET
fbem-12565	41	12	investment	investment	NOUN
fbem-12565	41	13	model	model	NOUN
fbem-12565	41	14	based	base	VERB
fbem-12565	41	15	on	on	ADP
fbem-12565	41	16	esg	esg	PROPN
fbem-12565	41	17	performance	performance	NOUN
fbem-12565	41	18	,	,	PUNCT
fbem-12565	41	19	and	and	CCONJ
fbem-12565	41	20	believe	believe	VERB
fbem-12565	41	21	that	that	SCONJ
fbem-12565	41	22	investors	investor	NOUN
fbem-12565	41	23	prefer	prefer	VERB
fbem-12565	41	24	stocks	stock	NOUN
fbem-12565	41	25	with	with	ADP
fbem-12565	41	26	97	97	NUM
fbem-12565	41	27	better	well	ADJ
fbem-12565	41	28	performance	performance	NOUN
fbem-12565	41	29	of	of	ADP
fbem-12565	41	30	esg	esg	PROPN
fbem-12565	41	31	.	.	PUNCT
fbem-12565	42	1	chen	chen	PROPN
fbem-12565	43	1	[	[	X
fbem-12565	43	2	8	8	NUM
fbem-12565	43	3	]	]	PUNCT
fbem-12565	43	4	et	et	PROPN
fbem-12565	43	5	al	al	PROPN
fbem-12565	43	6	.	.	PROPN
fbem-12565	43	7	believe	believe	VERB
fbem-12565	43	8	that	that	SCONJ
fbem-12565	43	9	good	good	ADJ
fbem-12565	43	10	social	social	ADJ
fbem-12565	43	11	responsibility	responsibility	NOUN
fbem-12565	43	12	can	can	AUX
fbem-12565	43	13	optimize	optimize	VERB
fbem-12565	43	14	the	the	DET
fbem-12565	43	15	financing	financing	NOUN
fbem-12565	43	16	channels	channel	NOUN
fbem-12565	43	17	of	of	ADP
fbem-12565	43	18	enterprises	enterprise	NOUN
fbem-12565	43	19	and	and	CCONJ
fbem-12565	43	20	reduce	reduce	VERB
fbem-12565	43	21	the	the	DET
fbem-12565	43	22	financing	financing	NOUN
fbem-12565	43	23	costs	cost	NOUN
fbem-12565	43	24	.	.	PUNCT
fbem-12565	44	1	burke	burke	PROPN
fbem-12565	44	2	[	[	X
fbem-12565	44	3	9	9	NUM
fbem-12565	44	4	]	]	PUNCT
fbem-12565	44	5	found	find	VERB
fbem-12565	44	6	that	that	SCONJ
fbem-12565	44	7	some	some	PRON
fbem-12565	44	8	of	of	ADP
fbem-12565	44	9	the	the	DET
fbem-12565	44	10	board	board	NOUN
fbem-12565	44	11	believed	believe	VERB
fbem-12565	44	12	that	that	SCONJ
fbem-12565	44	13	the	the	DET
fbem-12565	44	14	ceo	ceo	NOUN
fbem-12565	44	15	's	's	PART
fbem-12565	44	16	actions	action	NOUN
fbem-12565	44	17	had	have	AUX
fbem-12565	44	18	led	lead	VERB
fbem-12565	44	19	to	to	ADP
fbem-12565	44	20	bad	bad	ADJ
fbem-12565	44	21	corporate	corporate	ADJ
fbem-12565	44	22	esg	esg	PROPN
fbem-12565	44	23	reports	report	NOUN
fbem-12565	44	24	.	.	PUNCT
fbem-12565	45	1	there	there	PRON
fbem-12565	45	2	are	be	VERB
fbem-12565	45	3	different	different	ADJ
fbem-12565	45	4	views	view	NOUN
fbem-12565	45	5	on	on	ADP
fbem-12565	45	6	the	the	DET
fbem-12565	45	7	impact	impact	NOUN
fbem-12565	45	8	of	of	ADP
fbem-12565	45	9	esg	esg	NOUN
fbem-12565	45	10	on	on	ADP
fbem-12565	45	11	corporate	corporate	ADJ
fbem-12565	45	12	short	short	ADJ
fbem-12565	45	13	-	-	PUNCT
fbem-12565	45	14	term	term	NOUN
fbem-12565	45	15	financial	financial	ADJ
fbem-12565	45	16	performance	performance	NOUN
fbem-12565	45	17	,	,	PUNCT
fbem-12565	45	18	and	and	CCONJ
fbem-12565	45	19	some	some	DET
fbem-12565	45	20	scholars	scholar	NOUN
fbem-12565	45	21	believe	believe	VERB
fbem-12565	45	22	that	that	SCONJ
fbem-12565	45	23	companies	company	NOUN
fbem-12565	45	24	with	with	ADP
fbem-12565	45	25	higher	high	ADJ
fbem-12565	45	26	esg	esg	PROPN
fbem-12565	45	27	ratings	rating	NOUN
fbem-12565	45	28	have	have	VERB
fbem-12565	45	29	better	well	ADJ
fbem-12565	45	30	financial	financial	ADJ
fbem-12565	45	31	performance	performance	NOUN
fbem-12565	45	32	.	.	PUNCT
fbem-12565	46	1	but	but	CCONJ
fbem-12565	46	2	duquegrisales	duquegrisale	NOUN
fbem-12565	46	3	et	et	PROPN
fbem-12565	46	4	al	al	PROPN
fbem-12565	47	1	[	[	X
fbem-12565	47	2	10	10	NUM
fbem-12565	47	3	]	]	PUNCT
fbem-12565	47	4	found	find	VERB
fbem-12565	47	5	that	that	SCONJ
fbem-12565	47	6	the	the	DET
fbem-12565	47	7	esg	esg	PROPN
fbem-12565	47	8	ratings	rating	NOUN
fbem-12565	47	9	of	of	ADP
fbem-12565	47	10	businesses	business	NOUN
fbem-12565	47	11	in	in	ADP
fbem-12565	47	12	latin	latin	PROPN
fbem-12565	47	13	america	america	PROPN
fbem-12565	47	14	were	be	AUX
fbem-12565	47	15	negatively	negatively	ADV
fbem-12565	47	16	associated	associate	VERB
fbem-12565	47	17	with	with	ADP
fbem-12565	47	18	financial	financial	ADJ
fbem-12565	47	19	performance	performance	NOUN
fbem-12565	47	20	.	.	PUNCT
fbem-12565	48	1	in	in	ADP
fbem-12565	48	2	the	the	DET
fbem-12565	48	3	long	long	ADJ
fbem-12565	48	4	run	run	NOUN
fbem-12565	48	5	,	,	PUNCT
fbem-12565	48	6	esg	esg	PROPN
fbem-12565	48	7	information	information	NOUN
fbem-12565	48	8	can	can	AUX
fbem-12565	48	9	help	help	VERB
fbem-12565	48	10	outside	outside	ADJ
fbem-12565	48	11	investors	investor	NOUN
fbem-12565	48	12	choose	choose	VERB
fbem-12565	48	13	companies	company	NOUN
fbem-12565	48	14	with	with	ADP
fbem-12565	48	15	better	well	ADJ
fbem-12565	48	16	performance	performance	NOUN
fbem-12565	48	17	,	,	PUNCT
fbem-12565	48	18	and	and	CCONJ
fbem-12565	48	19	krueger	krueger	PROPN
fbem-12565	48	20	and	and	CCONJ
fbem-12565	48	21	other	other	ADJ
fbem-12565	48	22	[	[	X
fbem-12565	48	23	11	11	NUM
fbem-12565	48	24	]	]	PUNCT
fbem-12565	48	25	have	have	AUX
fbem-12565	48	26	found	find	VERB
fbem-12565	48	27	that	that	SCONJ
fbem-12565	48	28	esg	esg	PROPN
fbem-12565	48	29	information	information	NOUN
fbem-12565	48	30	can	can	AUX
fbem-12565	48	31	help	help	VERB
fbem-12565	48	32	investors	investor	NOUN
fbem-12565	48	33	avoid	avoid	VERB
fbem-12565	48	34	"	"	PUNCT
fbem-12565	48	35	black	black	ADJ
fbem-12565	48	36	swan	swan	NOUN
fbem-12565	48	37	risk	risk	NOUN
fbem-12565	48	38	"	"	PUNCT
fbem-12565	48	39	.	.	PUNCT
fbem-12565	49	1	zhibin	zhibin	PROPN
fbem-12565	49	2	li	li	PROPN
fbem-12565	50	1	[	[	X
fbem-12565	50	2	17	17	NUM
fbem-12565	50	3	]	]	PUNCT
fbem-12565	50	4	et	et	PROPN
fbem-12565	50	5	al	al	PROPN
fbem-12565	50	6	.	.	PROPN
fbem-12565	50	7	found	find	VERB
fbem-12565	50	8	that	that	SCONJ
fbem-12565	50	9	esg	esg	PROPN
fbem-12565	50	10	information	information	NOUN
fbem-12565	50	11	disclosure	disclosure	NOUN
fbem-12565	50	12	can	can	AUX
fbem-12565	50	13	significantly	significantly	ADV
fbem-12565	50	14	reduce	reduce	VERB
fbem-12565	50	15	the	the	DET
fbem-12565	50	16	financing	financing	NOUN
fbem-12565	50	17	constraints	constraint	NOUN
fbem-12565	50	18	of	of	ADP
fbem-12565	50	19	enterprises	enterprise	NOUN
fbem-12565	50	20	through	through	ADP
fbem-12565	50	21	the	the	DET
fbem-12565	50	22	empirical	empirical	ADJ
fbem-12565	50	23	data	datum	NOUN
fbem-12565	50	24	research	research	NOUN
fbem-12565	50	25	of	of	ADP
fbem-12565	50	26	chinese	chinese	ADJ
fbem-12565	50	27	listed	list	VERB
fbem-12565	50	28	companies	company	NOUN
fbem-12565	50	29	.	.	PUNCT
fbem-12565	51	1	2.3	2.3	NUM
fbem-12565	51	2	.	.	PUNCT
fbem-12565	52	1	economic	economic	ADJ
fbem-12565	52	2	policy	policy	NOUN
fbem-12565	52	3	uncertainty	uncertainty	NOUN
fbem-12565	52	4	and	and	CCONJ
fbem-12565	52	5	the	the	DET
fbem-12565	52	6	esg	esg	PROPN
fbem-12565	52	7	first	first	ADV
fbem-12565	52	8	,	,	PUNCT
fbem-12565	52	9	rising	rise	VERB
fbem-12565	52	10	economic	economic	ADJ
fbem-12565	52	11	policy	policy	NOUN
fbem-12565	52	12	uncertainty	uncertainty	NOUN
fbem-12565	52	13	often	often	ADV
fbem-12565	52	14	means	mean	VERB
fbem-12565	52	15	a	a	DET
fbem-12565	52	16	sluggish	sluggish	ADJ
fbem-12565	52	17	economy	economy	NOUN
fbem-12565	52	18	,	,	PUNCT
fbem-12565	52	19	allowing	allow	VERB
fbem-12565	52	20	banks	bank	NOUN
fbem-12565	52	21	to	to	PART
fbem-12565	52	22	trigger	trigger	VERB
fbem-12565	52	23	"	"	PUNCT
fbem-12565	52	24	self	self	NOUN
fbem-12565	52	25	-	-	PUNCT
fbem-12565	52	26	protection	protection	NOUN
fbem-12565	52	27	mechanisms	mechanism	NOUN
fbem-12565	52	28	"	"	PUNCT
fbem-12565	52	29	that	that	PRON
fbem-12565	52	30	reduce	reduce	VERB
fbem-12565	52	31	credit	credit	NOUN
fbem-12565	52	32	issuance	issuance	NOUN
fbem-12565	52	33	.	.	PUNCT
fbem-12565	53	1	at	at	ADP
fbem-12565	53	2	the	the	DET
fbem-12565	53	3	same	same	ADJ
fbem-12565	53	4	time	time	NOUN
fbem-12565	53	5	,	,	PUNCT
fbem-12565	53	6	the	the	DET
fbem-12565	53	7	uncertainty	uncertainty	NOUN
fbem-12565	53	8	of	of	ADP
fbem-12565	53	9	economic	economic	ADJ
fbem-12565	53	10	policy	policy	NOUN
fbem-12565	53	11	will	will	AUX
fbem-12565	53	12	bring	bring	VERB
fbem-12565	53	13	a	a	DET
fbem-12565	53	14	lot	lot	NOUN
fbem-12565	53	15	of	of	ADP
fbem-12565	53	16	false	false	ADJ
fbem-12565	53	17	and	and	CCONJ
fbem-12565	53	18	chaotic	chaotic	ADJ
fbem-12565	53	19	information	information	NOUN
fbem-12565	53	20	,	,	PUNCT
fbem-12565	53	21	affect	affect	VERB
fbem-12565	53	22	banks	bank	NOUN
fbem-12565	53	23	'	'	PART
fbem-12565	53	24	judgment	judgment	NOUN
fbem-12565	53	25	of	of	ADP
fbem-12565	53	26	the	the	DET
fbem-12565	53	27	sustainable	sustainable	ADJ
fbem-12565	53	28	development	development	NOUN
fbem-12565	53	29	of	of	ADP
fbem-12565	53	30	enterprises	enterprise	NOUN
fbem-12565	53	31	,	,	PUNCT
fbem-12565	53	32	and	and	CCONJ
fbem-12565	53	33	directly	directly	ADV
fbem-12565	53	34	lead	lead	VERB
fbem-12565	53	35	to	to	ADP
fbem-12565	53	36	the	the	DET
fbem-12565	53	37	difficulty	difficulty	NOUN
fbem-12565	53	38	of	of	ADP
fbem-12565	53	39	enterprises	enterprise	NOUN
fbem-12565	53	40	to	to	PART
fbem-12565	53	41	obtain	obtain	VERB
fbem-12565	53	42	funds.second	funds.second	NOUN
fbem-12565	53	43	,	,	PUNCT
fbem-12565	53	44	economic	economic	ADJ
fbem-12565	53	45	policy	policy	NOUN
fbem-12565	53	46	uncertainty	uncertainty	NOUN
fbem-12565	53	47	will	will	AUX
fbem-12565	53	48	reduce	reduce	VERB
fbem-12565	53	49	consumer	consumer	NOUN
fbem-12565	53	50	demand	demand	NOUN
fbem-12565	53	51	and	and	CCONJ
fbem-12565	53	52	have	have	VERB
fbem-12565	53	53	an	an	DET
fbem-12565	53	54	impact	impact	NOUN
fbem-12565	53	55	on	on	ADP
fbem-12565	53	56	corporate	corporate	ADJ
fbem-12565	53	57	profits	profit	NOUN
fbem-12565	53	58	.	.	PUNCT
fbem-12565	54	1	in	in	ADP
fbem-12565	54	2	order	order	NOUN
fbem-12565	54	3	to	to	PART
fbem-12565	54	4	maintain	maintain	VERB
fbem-12565	54	5	short	short	ADJ
fbem-12565	54	6	-	-	PUNCT
fbem-12565	54	7	term	term	NOUN
fbem-12565	54	8	financial	financial	ADJ
fbem-12565	54	9	performance	performance	NOUN
fbem-12565	54	10	and	and	CCONJ
fbem-12565	54	11	business	business	NOUN
fbem-12565	54	12	stability	stability	NOUN
fbem-12565	54	13	,	,	PUNCT
fbem-12565	54	14	managers	manager	NOUN
fbem-12565	54	15	will	will	AUX
fbem-12565	54	16	tend	tend	VERB
fbem-12565	54	17	to	to	PART
fbem-12565	54	18	hold	hold	VERB
fbem-12565	54	19	cash	cash	NOUN
fbem-12565	54	20	to	to	PART
fbem-12565	54	21	deal	deal	VERB
fbem-12565	54	22	with	with	ADP
fbem-12565	54	23	uncertain	uncertain	ADJ
fbem-12565	54	24	risks	risk	NOUN
fbem-12565	54	25	,	,	PUNCT
fbem-12565	54	26	thus	thus	ADV
fbem-12565	54	27	reducing	reduce	VERB
fbem-12565	54	28	various	various	ADJ
fbem-12565	54	29	investments	investment	NOUN
fbem-12565	54	30	.	.	PUNCT
fbem-12565	55	1	as	as	ADP
fbem-12565	55	2	a	a	DET
fbem-12565	55	3	long	long	ADJ
fbem-12565	55	4	-	-	PUNCT
fbem-12565	55	5	term	term	NOUN
fbem-12565	55	6	,	,	PUNCT
fbem-12565	55	7	intangible	intangible	ADJ
fbem-12565	55	8	and	and	CCONJ
fbem-12565	55	9	large	large	ADJ
fbem-12565	55	10	sunk	sink	VERB
fbem-12565	55	11	-	-	PUNCT
fbem-12565	55	12	cost	cost	NOUN
fbem-12565	55	13	investment	investment	NOUN
fbem-12565	55	14	,	,	PUNCT
fbem-12565	55	15	esg	esg	PROPN
fbem-12565	55	16	's	's	PART
fbem-12565	55	17	impact	impact	NOUN
fbem-12565	55	18	on	on	ADP
fbem-12565	55	19	short	short	ADJ
fbem-12565	55	20	-	-	PUNCT
fbem-12565	55	21	term	term	NOUN
fbem-12565	55	22	performance	performance	NOUN
fbem-12565	55	23	is	be	AUX
fbem-12565	55	24	controversial	controversial	ADJ
fbem-12565	55	25	.	.	PUNCT
fbem-12565	56	1	therefore	therefore	ADV
fbem-12565	56	2	,	,	PUNCT
fbem-12565	56	3	companies	company	NOUN
fbem-12565	56	4	tend	tend	VERB
fbem-12565	56	5	to	to	PART
fbem-12565	56	6	reduce	reduce	VERB
fbem-12565	56	7	esg	esg	NOUN
fbem-12565	56	8	investment	investment	NOUN
fbem-12565	56	9	and	and	CCONJ
fbem-12565	56	10	thus	thus	ADV
fbem-12565	56	11	reduce	reduce	VERB
fbem-12565	56	12	esg	esg	NOUN
fbem-12565	56	13	performance	performance	NOUN
fbem-12565	56	14	,	,	PUNCT
fbem-12565	56	15	this	this	DET
fbem-12565	56	16	paper	paper	NOUN
fbem-12565	56	17	proposes	propose	VERB
fbem-12565	56	18	the	the	DET
fbem-12565	56	19	following	follow	VERB
fbem-12565	56	20	hypothesis	hypothesis	NOUN
fbem-12565	56	21	:	:	PUNCT
fbem-12565	56	22	hypothesis	hypothesis	NOUN
fbem-12565	56	23	:	:	PUNCT
fbem-12565	56	24	economic	economic	ADJ
fbem-12565	56	25	policy	policy	NOUN
fbem-12565	56	26	uncertainty	uncertainty	NOUN
fbem-12565	56	27	has	have	VERB
fbem-12565	56	28	a	a	DET
fbem-12565	56	29	negative	negative	ADJ
fbem-12565	56	30	impact	impact	NOUN
fbem-12565	56	31	on	on	ADP
fbem-12565	56	32	corporate	corporate	ADJ
fbem-12565	56	33	esg	esg	NOUN
fbem-12565	56	34	performance	performance	NOUN
fbem-12565	56	35	.	.	PUNCT
fbem-12565	57	1	3	3	X
fbem-12565	57	2	.	.	X
fbem-12565	57	3	research	research	NOUN
fbem-12565	57	4	design	design	PROPN
fbem-12565	57	5	3.1	3.1	NUM
fbem-12565	57	6	.	.	PUNCT
fbem-12565	57	7	model	model	NOUN
fbem-12565	57	8	establishment	establishment	NOUN
fbem-12565	57	9	in	in	ADP
fbem-12565	57	10	order	order	NOUN
fbem-12565	57	11	to	to	PART
fbem-12565	57	12	examine	examine	VERB
fbem-12565	57	13	the	the	DET
fbem-12565	57	14	impact	impact	NOUN
fbem-12565	57	15	of	of	ADP
fbem-12565	57	16	economic	economic	ADJ
fbem-12565	57	17	policy	policy	NOUN
fbem-12565	57	18	uncertainty	uncertainty	NOUN
fbem-12565	57	19	on	on	ADP
fbem-12565	57	20	the	the	DET
fbem-12565	57	21	performance	performance	NOUN
fbem-12565	57	22	of	of	ADP
fbem-12565	57	23	enterprise	enterprise	NOUN
fbem-12565	57	24	esg	esg	NOUN
fbem-12565	57	25	evaluation	evaluation	NOUN
fbem-12565	58	1	,	,	PUNCT
fbem-12565	58	2	this	this	DET
fbem-12565	58	3	paper	paper	NOUN
fbem-12565	58	4	sets	set	VERB
fbem-12565	58	5	the	the	DET
fbem-12565	58	6	following	follow	VERB
fbem-12565	58	7	measurement	measurement	NOUN
fbem-12565	58	8	model	model	NOUN
fbem-12565	58	9	:	:	PUNCT
fbem-12565	58	10	𝐸𝑆𝐺	𝐸𝑆𝐺	X
fbem-12565	58	11	𝛽	𝛽	NOUN
fbem-12565	58	12	𝛽	𝛽	NOUN
fbem-12565	58	13	𝑙𝑛𝑒𝑝𝑢	𝑙𝑛𝑒𝑝𝑢	NOUN
fbem-12565	58	14	𝛾𝐶𝑜𝑛𝑡𝑟𝑜𝑙	𝛾𝐶𝑜𝑛𝑡𝑟𝑜𝑙	PROPN
fbem-12565	58	15	,	,	PUNCT
fbem-12565	58	16	𝜇	𝜇	ADP
fbem-12565	58	17	𝜀	𝜀	X
fbem-12565	58	18	,	,	PUNCT
fbem-12565	58	19	(	(	PUNCT
fbem-12565	58	20	1	1	X
fbem-12565	58	21	)	)	PUNCT
fbem-12565	58	22	the	the	DET
fbem-12565	58	23	subscripts	subscript	NOUN
fbem-12565	59	1	i	i	PRON
fbem-12565	59	2	and	and	CCONJ
fbem-12565	59	3	t	t	PROPN
fbem-12565	59	4	indicate	indicate	VERB
fbem-12565	59	5	the	the	DET
fbem-12565	59	6	enterprise	enterprise	NOUN
fbem-12565	59	7	and	and	CCONJ
fbem-12565	59	8	the	the	DET
fbem-12565	59	9	year	year	NOUN
fbem-12565	59	10	,	,	PUNCT
fbem-12565	59	11	respectively	respectively	ADV
fbem-12565	59	12	.	.	PUNCT
fbem-12565	60	1	the	the	DET
fbem-12565	60	2	dependent	dependent	ADJ
fbem-12565	60	3	variable	variable	ADJ
fbem-12565	60	4	𝐸𝑆𝐺	𝐸𝑆𝐺	NOUN
fbem-12565	60	5	is	be	AUX
fbem-12565	60	6	the	the	DET
fbem-12565	60	7	esg	esg	NOUN
fbem-12565	60	8	score	score	NOUN
fbem-12565	60	9	of	of	ADP
fbem-12565	60	10	the	the	DET
fbem-12565	60	11	enterprise	enterprise	NOUN
fbem-12565	60	12	;	;	PUNCT
fbem-12565	60	13	𝑙𝑛𝑒𝑝𝑢	𝑙𝑛𝑒𝑝𝑢	NOUN
fbem-12565	60	14	is	be	AUX
fbem-12565	60	15	the	the	DET
fbem-12565	60	16	logarithm	logarithm	NOUN
fbem-12565	60	17	of	of	ADP
fbem-12565	60	18	economic	economic	ADJ
fbem-12565	60	19	policy	policy	NOUN
fbem-12565	60	20	uncertainty	uncertainty	NOUN
fbem-12565	60	21	;	;	PUNCT
fbem-12565	60	22	𝐶𝑜𝑛𝑡𝑟𝑜𝑙	𝐶𝑜𝑛𝑡𝑟𝑜𝑙	PROPN
fbem-12565	60	23	,	,	PUNCT
fbem-12565	60	24	is	be	AUX
fbem-12565	60	25	a	a	DET
fbem-12565	60	26	common	common	ADJ
fbem-12565	60	27	control	control	NOUN
fbem-12565	60	28	variable	variable	NOUN
fbem-12565	60	29	;	;	PUNCT
fbem-12565	60	30	𝜇	𝜇	PRON
fbem-12565	60	31	is	be	AUX
fbem-12565	60	32	a	a	DET
fbem-12565	60	33	fixed	fix	VERB
fbem-12565	60	34	effect	effect	NOUN
fbem-12565	60	35	;	;	PUNCT
fbem-12565	60	36	𝜀	𝜀	X
fbem-12565	60	37	,	,	PUNCT
fbem-12565	60	38	is	be	AUX
fbem-12565	60	39	a	a	DET
fbem-12565	60	40	random	random	ADJ
fbem-12565	60	41	disturbance	disturbance	NOUN
fbem-12565	60	42	term	term	NOUN
fbem-12565	60	43	.	.	PUNCT
fbem-12565	61	1	3.2	3.2	NUM
fbem-12565	61	2	.	.	PUNCT
fbem-12565	62	1	variable	variable	ADJ
fbem-12565	62	2	declaration	declaration	NOUN
fbem-12565	62	3	1	1	NUM
fbem-12565	62	4	.	.	PUNCT
fbem-12565	63	1	independent	independent	ADJ
fbem-12565	63	2	variables	variable	NOUN
fbem-12565	63	3	in	in	ADP
fbem-12565	63	4	this	this	DET
fbem-12565	63	5	paper	paper	NOUN
fbem-12565	63	6	,	,	PUNCT
fbem-12565	63	7	the	the	DET
fbem-12565	63	8	uncertainty	uncertainty	NOUN
fbem-12565	63	9	data	datum	NOUN
fbem-12565	63	10	of	of	ADP
fbem-12565	63	11	china	china	PROPN
fbem-12565	63	12	's	's	PART
fbem-12565	63	13	economic	economic	ADJ
fbem-12565	63	14	policy	policy	NOUN
fbem-12565	63	15	produced	produce	VERB
fbem-12565	63	16	by	by	ADP
fbem-12565	63	17	baker	baker	PROPN
fbem-12565	63	18	et	et	PROPN
fbem-12565	63	19	al	al	PROPN
fbem-12565	63	20	.	.	PROPN
fbem-12565	63	21	are	be	AUX
fbem-12565	63	22	selected	select	VERB
fbem-12565	63	23	,	,	PUNCT
fbem-12565	63	24	and	and	CCONJ
fbem-12565	63	25	then	then	ADV
fbem-12565	63	26	the	the	DET
fbem-12565	63	27	arithmetic	arithmetic	ADJ
fbem-12565	63	28	average	average	ADJ
fbem-12565	63	29	method	method	NOUN
fbem-12565	63	30	is	be	AUX
fbem-12565	63	31	adopted	adopt	VERB
fbem-12565	63	32	to	to	PART
fbem-12565	63	33	convert	convert	VERB
fbem-12565	63	34	the	the	DET
fbem-12565	63	35	monthly	monthly	ADJ
fbem-12565	63	36	data	datum	NOUN
fbem-12565	63	37	into	into	ADP
fbem-12565	63	38	annual	annual	ADJ
fbem-12565	63	39	data	datum	NOUN
fbem-12565	63	40	.	.	PUNCT
fbem-12565	64	1	the	the	DET
fbem-12565	64	2	greater	great	ADJ
fbem-12565	64	3	the	the	DET
fbem-12565	64	4	value	value	NOUN
fbem-12565	64	5	,	,	PUNCT
fbem-12565	64	6	the	the	PRON
fbem-12565	64	7	greater	great	ADJ
fbem-12565	64	8	the	the	DET
fbem-12565	64	9	uncertainty	uncertainty	NOUN
fbem-12565	64	10	of	of	ADP
fbem-12565	64	11	economic	economic	ADJ
fbem-12565	64	12	policy	policy	NOUN
fbem-12565	64	13	.	.	PUNCT
fbem-12565	65	1	meanwhile	meanwhile	ADV
fbem-12565	65	2	,	,	PUNCT
fbem-12565	65	3	the	the	DET
fbem-12565	65	4	annual	annual	ADJ
fbem-12565	65	5	data	datum	NOUN
fbem-12565	65	6	is	be	AUX
fbem-12565	65	7	taken	take	VERB
fbem-12565	65	8	logarithmically	logarithmically	ADV
fbem-12565	65	9	to	to	PART
fbem-12565	65	10	obtain	obtain	VERB
fbem-12565	65	11	𝑙𝑛𝑒𝑝𝑢	𝑙𝑛𝑒𝑝𝑢	NOUN
fbem-12565	65	12	.	.	PUNCT
fbem-12565	66	1	2	2	X
fbem-12565	66	2	.	.	X
fbem-12565	66	3	dependent	dependent	ADJ
fbem-12565	66	4	variables	variable	NOUN
fbem-12565	66	5	ssi	ssi	PROPN
fbem-12565	66	6	esg	esg	PROPN
fbem-12565	66	7	index	index	NOUN
fbem-12565	66	8	rating	rating	NOUN
fbem-12565	66	9	covers	cover	VERB
fbem-12565	66	10	a	a	DET
fbem-12565	66	11	wide	wide	ADJ
fbem-12565	66	12	range	range	NOUN
fbem-12565	66	13	and	and	CCONJ
fbem-12565	66	14	covers	cover	VERB
fbem-12565	66	15	almost	almost	ADV
fbem-12565	66	16	all	all	DET
fbem-12565	66	17	the	the	DET
fbem-12565	66	18	data	datum	NOUN
fbem-12565	66	19	of	of	ADP
fbem-12565	66	20	listed	list	VERB
fbem-12565	66	21	companies	company	NOUN
fbem-12565	66	22	.	.	PUNCT
fbem-12565	67	1	therefore	therefore	ADV
fbem-12565	67	2	,	,	PUNCT
fbem-12565	67	3	this	this	DET
fbem-12565	67	4	paper	paper	NOUN
fbem-12565	67	5	selects	select	VERB
fbem-12565	67	6	the	the	DET
fbem-12565	67	7	annual	annual	ADJ
fbem-12565	67	8	esg	esg	PROPN
fbem-12565	67	9	scores	score	NOUN
fbem-12565	67	10	of	of	ADP
fbem-12565	67	11	enterprises	enterprise	NOUN
fbem-12565	67	12	released	release	VERB
fbem-12565	67	13	by	by	ADP
fbem-12565	67	14	csi	csi	PROPN
fbem-12565	67	15	to	to	PART
fbem-12565	67	16	be	be	AUX
fbem-12565	67	17	the	the	DET
fbem-12565	67	18	explained	explain	VERB
fbem-12565	67	19	variables	variable	NOUN
fbem-12565	67	20	.	.	PUNCT
fbem-12565	68	1	ssi	ssi	PROPN
fbem-12565	68	2	esg	esg	PROPN
fbem-12565	68	3	index	index	PROPN
fbem-12565	68	4	also	also	ADV
fbem-12565	68	5	divided	divide	VERB
fbem-12565	68	6	esg	esg	NOUN
fbem-12565	68	7	into	into	ADP
fbem-12565	68	8	nine	nine	NUM
fbem-12565	68	9	grades	grade	NOUN
fbem-12565	68	10	:	:	PUNCT
fbem-12565	68	11	c	c	X
fbem-12565	68	12	-	-	PUNCT
fbem-12565	68	13	aaa	aaa	NOUN
fbem-12565	68	14	,	,	PUNCT
fbem-12565	68	15	with	with	ADP
fbem-12565	68	16	values	value	NOUN
fbem-12565	68	17	of	of	ADP
fbem-12565	68	18	1	1	NUM
fbem-12565	68	19	-	-	SYM
fbem-12565	68	20	9	9	NUM
fbem-12565	68	21	respectively	respectively	ADV
fbem-12565	68	22	.	.	PUNCT
fbem-12565	69	1	in	in	ADP
fbem-12565	69	2	this	this	DET
fbem-12565	69	3	paper	paper	NOUN
fbem-12565	69	4	,	,	PUNCT
fbem-12565	69	5	the	the	DET
fbem-12565	69	6	grade	grade	NOUN
fbem-12565	69	7	score	score	NOUN
fbem-12565	69	8	was	be	AUX
fbem-12565	69	9	tested	test	VERB
fbem-12565	69	10	as	as	ADP
fbem-12565	69	11	substitution	substitution	NOUN
fbem-12565	69	12	.	.	PUNCT
fbem-12565	70	1	3	3	X
fbem-12565	70	2	.	.	NUM
fbem-12565	70	3	controlled	control	VERB
fbem-12565	70	4	variables	variable	NOUN
fbem-12565	70	5	according	accord	VERB
fbem-12565	70	6	to	to	ADP
fbem-12565	70	7	existing	exist	VERB
fbem-12565	70	8	studies	study	NOUN
fbem-12565	70	9	,	,	PUNCT
fbem-12565	70	10	enterprise	enterprise	NOUN
fbem-12565	70	11	size	size	NOUN
fbem-12565	70	12	(	(	PUNCT
fbem-12565	70	13	size	size	NOUN
fbem-12565	70	14	)	)	PUNCT
fbem-12565	70	15	,	,	PUNCT
fbem-12565	70	16	assetliability	assetliability	NOUN
fbem-12565	70	17	ratio	ratio	NOUN
fbem-12565	70	18	(	(	PUNCT
fbem-12565	70	19	lev	lev	NOUN
fbem-12565	70	20	)	)	PUNCT
fbem-12565	70	21	,	,	PUNCT
fbem-12565	70	22	return	return	VERB
fbem-12565	70	23	on	on	ADP
fbem-12565	70	24	total	total	ADJ
fbem-12565	70	25	assets	asset	NOUN
fbem-12565	70	26	(	(	PUNCT
fbem-12565	70	27	roa	roa	NOUN
fbem-12565	70	28	)	)	PUNCT
fbem-12565	70	29	,	,	PUNCT
fbem-12565	70	30	board	board	NOUN
fbem-12565	70	31	size	size	NOUN
fbem-12565	70	32	(	(	PUNCT
fbem-12565	70	33	board	board	NOUN
fbem-12565	70	34	)	)	PUNCT
fbem-12565	70	35	,	,	PUNCT
fbem-12565	70	36	shareholding	shareholding	NOUN
fbem-12565	70	37	ratio	ratio	NOUN
fbem-12565	70	38	of	of	ADP
fbem-12565	70	39	major	major	ADJ
fbem-12565	70	40	shareholders	shareholder	NOUN
fbem-12565	70	41	(	(	PUNCT
fbem-12565	70	42	top1	top1	PROPN
fbem-12565	70	43	)	)	PUNCT
fbem-12565	70	44	,	,	PUNCT
fbem-12565	70	45	and	and	CCONJ
fbem-12565	70	46	gdp	gdp	NOUN
fbem-12565	70	47	growth	growth	NOUN
fbem-12565	70	48	rate	rate	NOUN
fbem-12565	70	49	(	(	PUNCT
fbem-12565	70	50	gdp	gdp	NOUN
fbem-12565	70	51	)	)	PUNCT
fbem-12565	70	52	are	be	AUX
fbem-12565	70	53	selected	select	VERB
fbem-12565	70	54	as	as	ADP
fbem-12565	70	55	control	control	NOUN
fbem-12565	70	56	variables	variable	NOUN
fbem-12565	70	57	.	.	PUNCT
fbem-12565	71	1	the	the	DET
fbem-12565	71	2	specific	specific	ADJ
fbem-12565	71	3	variables	variable	NOUN
fbem-12565	71	4	are	be	AUX
fbem-12565	71	5	explained	explain	VERB
fbem-12565	71	6	as	as	SCONJ
fbem-12565	71	7	follows	follow	VERB
fbem-12565	71	8	:	:	PUNCT
fbem-12565	71	9	table	table	NOUN
fbem-12565	71	10	1	1	NUM
fbem-12565	71	11	.	.	PUNCT
fbem-12565	71	12	variable	variable	ADJ
fbem-12565	71	13	definition	definition	NOUN
fbem-12565	71	14	type	type	NOUN
fbem-12565	71	15	variable	variable	ADJ
fbem-12565	71	16	name	name	NOUN
fbem-12565	71	17	variable	variable	ADJ
fbem-12565	71	18	symbol	symbol	NOUN
fbem-12565	71	19	variable	variable	ADJ
fbem-12565	71	20	meaning	mean	VERB
fbem-12565	71	21	dependent	dependent	ADJ
fbem-12565	71	22	variables	variable	NOUN
fbem-12565	71	23	enterprise	enterprise	NOUN
fbem-12565	71	24	esg	esg	NOUN
fbem-12565	71	25	performance	performance	NOUN
fbem-12565	71	26	esg	esg	PROPN
fbem-12565	71	27	ssi	ssi	PROPN
fbem-12565	71	28	esg	esg	PROPN
fbem-12565	71	29	index	index	NOUN
fbem-12565	71	30	were	be	AUX
fbem-12565	71	31	selected	select	VERB
fbem-12565	71	32	independent	independent	ADJ
fbem-12565	71	33	variables	variable	NOUN
fbem-12565	71	34	economic	economic	ADJ
fbem-12565	71	35	policy	policy	NOUN
fbem-12565	71	36	uncertainty	uncertainty	NOUN
fbem-12565	71	37	lnepu	lnepu	VERB
fbem-12565	71	38	select	select	ADJ
fbem-12565	71	39	the	the	DET
fbem-12565	71	40	chinese	chinese	ADJ
fbem-12565	71	41	economic	economic	ADJ
fbem-12565	71	42	policy	policy	NOUN
fbem-12565	71	43	uncertainty	uncertainty	NOUN
fbem-12565	71	44	data	datum	NOUN
fbem-12565	71	45	produced	produce	VERB
fbem-12565	71	46	by	by	ADP
fbem-12565	71	47	baker	baker	PROPN
fbem-12565	71	48	et	et	PROPN
fbem-12565	71	49	al	al	PROPN
fbem-12565	71	50	.	.	PROPN
fbem-12565	71	51	controlled	control	VERB
fbem-12565	71	52	variables	variable	NOUN
fbem-12565	71	53	enterprise	enterprise	NOUN
fbem-12565	71	54	size	size	NOUN
fbem-12565	71	55	size	size	NOUN
fbem-12565	71	56	natural	natural	ADJ
fbem-12565	71	57	logarithm	logarithm	NOUN
fbem-12565	71	58	of	of	ADP
fbem-12565	71	59	the	the	DET
fbem-12565	71	60	total	total	ADJ
fbem-12565	71	61	assets	asset	NOUN
fbem-12565	71	62	at	at	ADP
fbem-12565	71	63	the	the	DET
fbem-12565	71	64	end	end	NOUN
fbem-12565	71	65	of	of	ADP
fbem-12565	71	66	the	the	DET
fbem-12565	71	67	year	year	NOUN
fbem-12565	71	68	asset	asset	NOUN
fbem-12565	71	69	-	-	PUNCT
fbem-12565	71	70	liability	liability	NOUN
fbem-12565	71	71	ratio	ratio	NOUN
fbem-12565	71	72	lev	lev	NOUN
fbem-12565	71	73	the	the	DET
fbem-12565	71	74	ratio	ratio	NOUN
fbem-12565	71	75	of	of	ADP
fbem-12565	71	76	total	total	ADJ
fbem-12565	71	77	liabilities	liability	NOUN
fbem-12565	71	78	to	to	PART
fbem-12565	71	79	total	total	VERB
fbem-12565	71	80	assets	asset	NOUN
fbem-12565	71	81	return	return	VERB
fbem-12565	71	82	on	on	ADP
fbem-12565	71	83	total	total	ADJ
fbem-12565	71	84	assets	asset	NOUN
fbem-12565	71	85	roa	roa	VERB
fbem-12565	71	86	the	the	DET
fbem-12565	71	87	ratio	ratio	NOUN
fbem-12565	71	88	of	of	ADP
fbem-12565	71	89	net	net	ADJ
fbem-12565	71	90	profit	profit	NOUN
fbem-12565	71	91	to	to	AUX
fbem-12565	71	92	total	total	ADJ
fbem-12565	71	93	assets	asset	NOUN
fbem-12565	71	94	board	board	NOUN
fbem-12565	71	95	size	size	NOUN
fbem-12565	71	96	board	board	NOUN
fbem-12565	71	97	the	the	DET
fbem-12565	71	98	number	number	NOUN
fbem-12565	71	99	of	of	ADP
fbem-12565	71	100	boards	board	NOUN
fbem-12565	71	101	takes	take	VERB
fbem-12565	71	102	the	the	DET
fbem-12565	71	103	natural	natural	ADJ
fbem-12565	71	104	log	log	NOUN
fbem-12565	71	105	number	number	NOUN
fbem-12565	71	106	shareholding	shareholding	NOUN
fbem-12565	71	107	ratio	ratio	NOUN
fbem-12565	71	108	of	of	ADP
fbem-12565	71	109	major	major	ADJ
fbem-12565	71	110	shareholders	shareholder	NOUN
fbem-12565	71	111	top1	top1	PROPN
fbem-12565	71	112	the	the	DET
fbem-12565	71	113	largest	large	ADJ
fbem-12565	71	114	shareholder	shareholder	NOUN
fbem-12565	71	115	shareholding	shareholding	NOUN
fbem-12565	71	116	ratio	ratio	PROPN
fbem-12565	71	117	gdp	gdp	PROPN
fbem-12565	71	118	growth	growth	PROPN
fbem-12565	71	119	rate	rate	PROPN
fbem-12565	71	120	gdp	gdp	PROPN
fbem-12565	71	121	gdp	gdp	PROPN
fbem-12565	71	122	growth	growth	NOUN
fbem-12565	71	123	rate	rate	NOUN
fbem-12565	71	124	3.3	3.3	NUM
fbem-12565	71	125	.	.	PUNCT
fbem-12565	72	1	data	datum	NOUN
fbem-12565	72	2	source	source	NOUN
fbem-12565	72	3	and	and	CCONJ
fbem-12565	72	4	sample	sample	NOUN
fbem-12565	72	5	selection	selection	NOUN
fbem-12565	72	6	in	in	ADP
fbem-12565	72	7	this	this	DET
fbem-12565	72	8	paper	paper	NOUN
fbem-12565	72	9	,	,	PUNCT
fbem-12565	72	10	the	the	DET
fbem-12565	72	11	data	datum	NOUN
fbem-12565	72	12	of	of	ADP
fbem-12565	72	13	china	china	PROPN
fbem-12565	72	14	's	's	PART
fbem-12565	72	15	a	a	DET
fbem-12565	72	16	-	-	PUNCT
fbem-12565	72	17	share	share	NOUN
fbem-12565	72	18	listed	list	VERB
fbem-12565	72	19	companies	company	NOUN
fbem-12565	72	20	from	from	ADP
fbem-12565	72	21	2014	2014	NUM
fbem-12565	72	22	to	to	ADP
fbem-12565	72	23	2022	2022	NUM
fbem-12565	72	24	are	be	AUX
fbem-12565	72	25	selected	select	VERB
fbem-12565	72	26	as	as	ADP
fbem-12565	72	27	the	the	DET
fbem-12565	72	28	research	research	NOUN
fbem-12565	72	29	object	object	NOUN
fbem-12565	72	30	,	,	PUNCT
fbem-12565	72	31	and	and	CCONJ
fbem-12565	72	32	the	the	DET
fbem-12565	72	33	samples	sample	NOUN
fbem-12565	72	34	of	of	ADP
fbem-12565	72	35	st	st	PROPN
fbem-12565	72	36	,	,	PUNCT
fbem-12565	72	37	*	*	PUNCT
fbem-12565	72	38	st	st	PROPN
fbem-12565	72	39	companies	company	NOUN
fbem-12565	72	40	,	,	PUNCT
fbem-12565	72	41	financial	financial	ADJ
fbem-12565	72	42	and	and	CCONJ
fbem-12565	72	43	insurance	insurance	NOUN
fbem-12565	72	44	companies	company	NOUN
fbem-12565	72	45	and	and	CCONJ
fbem-12565	72	46	missing	miss	VERB
fbem-12565	72	47	data	datum	NOUN
fbem-12565	72	48	are	be	AUX
fbem-12565	72	49	excluded	exclude	VERB
fbem-12565	72	50	.	.	PUNCT
fbem-12565	73	1	two	two	NUM
fbem-12565	73	2	-	-	PUNCT
fbem-12565	73	3	sided	sided	ADJ
fbem-12565	73	4	,	,	PUNCT
fbem-12565	73	5	1	1	NUM
fbem-12565	73	6	%	%	NOUN
fbem-12565	73	7	level	level	NOUN
fbem-12565	73	8	winsorize	winsorize	VERB
fbem-12565	73	9	tail	tail	NOUN
fbem-12565	73	10	reduction	reduction	NOUN
fbem-12565	73	11	was	be	AUX
fbem-12565	73	12	performed	perform	VERB
fbem-12565	73	13	for	for	ADP
fbem-12565	73	14	the	the	DET
fbem-12565	73	15	continuous	continuous	ADJ
fbem-12565	73	16	variables	variable	NOUN
fbem-12565	73	17	,	,	PUNCT
fbem-12565	73	18	yielding	yield	VERB
fbem-12565	73	19	22,587	22,587	NUM
fbem-12565	73	20	observations	observation	NOUN
fbem-12565	73	21	.	.	PUNCT
fbem-12565	74	1	economic	economic	ADJ
fbem-12565	74	2	policy	policy	NOUN
fbem-12565	74	3	uncertainty	uncertainty	NOUN
fbem-12565	74	4	data	datum	NOUN
fbem-12565	74	5	comes	come	VERB
fbem-12565	74	6	from	from	ADP
fbem-12565	74	7	www.policyuncertainty.com	www.policyuncertainty.com	PROPN
fbem-12565	74	8	,	,	PUNCT
fbem-12565	74	9	esg	esg	NOUN
fbem-12565	74	10	performance	performance	NOUN
fbem-12565	74	11	data	datum	NOUN
fbem-12565	74	12	from	from	ADP
fbem-12565	74	13	98	98	NUM
fbem-12565	74	14	wind	wind	NOUN
fbem-12565	74	15	database	database	NOUN
fbem-12565	74	16	,	,	PUNCT
fbem-12565	74	17	other	other	ADJ
fbem-12565	74	18	financial	financial	ADJ
fbem-12565	74	19	data	datum	NOUN
fbem-12565	74	20	from	from	ADP
fbem-12565	74	21	csmar	csmar	PROPN
fbem-12565	74	22	database	database	NOUN
fbem-12565	74	23	,	,	PUNCT
fbem-12565	74	24	and	and	CCONJ
fbem-12565	74	25	gdp	gdp	NOUN
fbem-12565	74	26	growth	growth	NOUN
fbem-12565	74	27	rate	rate	NOUN
fbem-12565	74	28	data	datum	NOUN
fbem-12565	74	29	from	from	ADP
fbem-12565	74	30	the	the	DET
fbem-12565	74	31	world	world	NOUN
fbem-12565	74	32	bank	bank	PROPN
fbem-12565	74	33	database	database	NOUN
fbem-12565	74	34	.	.	PUNCT
fbem-12565	75	1	all	all	DET
fbem-12565	75	2	the	the	DET
fbem-12565	75	3	data	datum	NOUN
fbem-12565	75	4	processing	processing	NOUN
fbem-12565	75	5	was	be	AUX
fbem-12565	75	6	done	do	VERB
fbem-12565	75	7	by	by	ADP
fbem-12565	75	8	stata16.0	stata16.0	PROPN
fbem-12565	75	9	.	.	PROPN
fbem-12565	76	1	4	4	NUM
fbem-12565	76	2	.	.	X
fbem-12565	76	3	empirical	empirical	ADJ
fbem-12565	76	4	analysis	analysis	NOUN
fbem-12565	76	5	4.1	4.1	NUM
fbem-12565	76	6	.	.	PUNCT
fbem-12565	77	1	descriptive	descriptive	ADJ
fbem-12565	77	2	analysis	analysis	NOUN
fbem-12565	77	3	table	table	NOUN
fbem-12565	77	4	2	2	NUM
fbem-12565	77	5	shows	show	VERB
fbem-12565	77	6	the	the	DET
fbem-12565	77	7	descriptive	descriptive	ADJ
fbem-12565	77	8	statistical	statistical	ADJ
fbem-12565	77	9	results	result	NOUN
fbem-12565	77	10	of	of	ADP
fbem-12565	77	11	the	the	DET
fbem-12565	77	12	variables	variable	NOUN
fbem-12565	77	13	.	.	PUNCT
fbem-12565	78	1	among	among	ADP
fbem-12565	78	2	them	they	PRON
fbem-12565	78	3	,	,	PUNCT
fbem-12565	78	4	the	the	DET
fbem-12565	78	5	average	average	ADJ
fbem-12565	78	6	esg	esg	NOUN
fbem-12565	78	7	performance	performance	NOUN
fbem-12565	78	8	of	of	ADP
fbem-12565	78	9	enterprises	enterprise	NOUN
fbem-12565	78	10	is	be	AUX
fbem-12565	78	11	72.76	72.76	NUM
fbem-12565	78	12	and	and	CCONJ
fbem-12565	78	13	the	the	DET
fbem-12565	78	14	standard	standard	ADJ
fbem-12565	78	15	deviation	deviation	NOUN
fbem-12565	78	16	is	be	AUX
fbem-12565	78	17	5.745	5.745	NUM
fbem-12565	78	18	.	.	PUNCT
fbem-12565	79	1	the	the	DET
fbem-12565	79	2	difference	difference	NOUN
fbem-12565	79	3	between	between	ADP
fbem-12565	79	4	the	the	DET
fbem-12565	79	5	two	two	NUM
fbem-12565	79	6	is	be	AUX
fbem-12565	79	7	large	large	ADJ
fbem-12565	79	8	,	,	PUNCT
fbem-12565	79	9	indicating	indicate	VERB
fbem-12565	79	10	that	that	SCONJ
fbem-12565	79	11	there	there	PRON
fbem-12565	79	12	is	be	VERB
fbem-12565	79	13	a	a	DET
fbem-12565	79	14	big	big	ADJ
fbem-12565	79	15	difference	difference	NOUN
fbem-12565	79	16	in	in	ADP
fbem-12565	79	17	esg	esg	NOUN
fbem-12565	79	18	performance	performance	NOUN
fbem-12565	79	19	of	of	ADP
fbem-12565	79	20	different	different	ADJ
fbem-12565	79	21	enterprises	enterprise	NOUN
fbem-12565	79	22	,	,	PUNCT
fbem-12565	79	23	with	with	ADP
fbem-12565	79	24	the	the	DET
fbem-12565	79	25	maximum	maximum	ADJ
fbem-12565	79	26	value	value	NOUN
fbem-12565	79	27	of	of	ADP
fbem-12565	79	28	92.93	92.93	NUM
fbem-12565	79	29	and	and	CCONJ
fbem-12565	79	30	the	the	DET
fbem-12565	79	31	lowest	low	ADJ
fbem-12565	79	32	score	score	NOUN
fbem-12565	79	33	of	of	ADP
fbem-12565	79	34	36.62	36.62	NUM
fbem-12565	79	35	.	.	PUNCT
fbem-12565	80	1	the	the	DET
fbem-12565	80	2	maximum	maximum	ADJ
fbem-12565	80	3	value	value	NOUN
fbem-12565	80	4	of	of	ADP
fbem-12565	80	5	economic	economic	ADJ
fbem-12565	80	6	policy	policy	NOUN
fbem-12565	80	7	uncertainty	uncertainty	NOUN
fbem-12565	80	8	is	be	AUX
fbem-12565	80	9	6.674	6.674	NUM
fbem-12565	80	10	,	,	PUNCT
fbem-12565	80	11	and	and	CCONJ
fbem-12565	80	12	the	the	DET
fbem-12565	80	13	minimum	minimum	ADJ
fbem-12565	80	14	value	value	NOUN
fbem-12565	80	15	is	be	AUX
fbem-12565	80	16	4.817	4.817	NUM
fbem-12565	80	17	.	.	PUNCT
fbem-12565	81	1	the	the	DET
fbem-12565	81	2	standard	standard	ADJ
fbem-12565	81	3	deviation	deviation	NOUN
fbem-12565	81	4	and	and	CCONJ
fbem-12565	81	5	the	the	DET
fbem-12565	81	6	mean	mean	ADJ
fbem-12565	81	7	value	value	NOUN
fbem-12565	81	8	differ	differ	VERB
fbem-12565	81	9	greatly	greatly	ADV
fbem-12565	81	10	,	,	PUNCT
fbem-12565	81	11	and	and	CCONJ
fbem-12565	81	12	the	the	DET
fbem-12565	81	13	fluctuation	fluctuation	NOUN
fbem-12565	81	14	is	be	AUX
fbem-12565	81	15	obvious	obvious	ADJ
fbem-12565	81	16	.	.	PUNCT
fbem-12565	82	1	the	the	DET
fbem-12565	82	2	maximum	maximum	PROPN
fbem-12565	82	3	gdp	gdp	NOUN
fbem-12565	82	4	growth	growth	NOUN
fbem-12565	82	5	rate	rate	NOUN
fbem-12565	82	6	was	be	AUX
fbem-12565	82	7	6.404	6.404	NUM
fbem-12565	82	8	and	and	CCONJ
fbem-12565	82	9	the	the	DET
fbem-12565	82	10	minimum	minimum	ADJ
fbem-12565	82	11	value	value	NOUN
fbem-12565	82	12	was	be	AUX
fbem-12565	82	13	2.239	2.239	NUM
fbem-12565	82	14	,	,	PUNCT
fbem-12565	82	15	with	with	ADP
fbem-12565	82	16	large	large	ADJ
fbem-12565	82	17	fluctuations	fluctuation	NOUN
fbem-12565	82	18	.	.	PUNCT
fbem-12565	83	1	table	table	NOUN
fbem-12565	83	2	2	2	NUM
fbem-12565	83	3	.	.	PUNCT
fbem-12565	83	4	variable	variable	ADJ
fbem-12565	83	5	definition	definition	NOUN
fbem-12565	83	6	variable	variable	ADJ
fbem-12565	83	7	minimum	minimum	ADJ
fbem-12565	83	8	maximum	maximum	ADJ
fbem-12565	83	9	mean	mean	NOUN
fbem-12565	83	10	value	value	NOUN
fbem-12565	83	11	variance	variance	NOUN
fbem-12565	83	12	lnepu	lnepu	VERB
fbem-12565	83	13	22,587	22,587	NUM
fbem-12565	83	14	4.817	4.817	NUM
fbem-12565	83	15	6.674	6.674	NUM
fbem-12565	83	16	6.021	6.021	NUM
fbem-12565	83	17	esg	esg	NOUN
fbem-12565	83	18	22,587	22,587	NUM
fbem-12565	83	19	36.62	36.62	NUM
fbem-12565	83	20	92.93	92.93	NUM
fbem-12565	83	21	72.76	72.76	NUM
fbem-12565	83	22	size	size	NOUN
fbem-12565	83	23	22,587	22,587	NUM
fbem-12565	83	24	19.69	19.69	NUM
fbem-12565	83	25	26.35	26.35	NUM
fbem-12565	83	26	22.26	22.26	NUM
fbem-12565	83	27	lev	lev	NOUN
fbem-12565	83	28	22,587	22,587	NUM
fbem-12565	83	29	0.0505	0.0505	NUM
fbem-12565	83	30	0.888	0.888	NUM
fbem-12565	83	31	0.415	0.415	NUM
fbem-12565	83	32	roa	roa	NOUN
fbem-12565	83	33	22,587	22,587	NUM
fbem-12565	83	34	-0.373	-0.373	NUM
fbem-12565	83	35	0.250	0.250	NUM
fbem-12565	83	36	0.0394	0.0394	NUM
fbem-12565	83	37	board	board	NOUN
fbem-12565	83	38	22,585	22,585	NUM
fbem-12565	83	39	1.609	1.609	NUM
fbem-12565	83	40	2.708	2.708	NUM
fbem-12565	83	41	2.112	2.112	NUM
fbem-12565	83	42	top1	top1	NOUN
fbem-12565	83	43	22,587	22,587	NUM
fbem-12565	83	44	8.020	8.020	NUM
fbem-12565	83	45	74.96	74.96	NUM
fbem-12565	83	46	33.68	33.68	NUM
fbem-12565	83	47	gdp	gdp	NOUN
fbem-12565	83	48	22,587	22,587	NUM
fbem-12565	83	49	2.239	2.239	NUM
fbem-12565	83	50	8.447	8.447	NUM
fbem-12565	83	51	6.404	6.404	NUM
fbem-12565	83	52	4.2	4.2	NUM
fbem-12565	83	53	.	.	PUNCT
fbem-12565	84	1	base	base	NOUN
fbem-12565	84	2	regression	regression	NOUN
fbem-12565	84	3	economic	economic	ADJ
fbem-12565	84	4	policy	policy	NOUN
fbem-12565	84	5	uncertainty	uncertainty	NOUN
fbem-12565	84	6	is	be	AUX
fbem-12565	84	7	used	use	VERB
fbem-12565	84	8	to	to	PART
fbem-12565	84	9	regress	regress	VERB
fbem-12565	84	10	the	the	DET
fbem-12565	84	11	esg	esg	NOUN
fbem-12565	84	12	performance	performance	NOUN
fbem-12565	84	13	of	of	ADP
fbem-12565	84	14	enterprises	enterprise	NOUN
fbem-12565	84	15	,	,	PUNCT
fbem-12565	84	16	and	and	CCONJ
fbem-12565	84	17	the	the	DET
fbem-12565	84	18	fixed	fix	VERB
fbem-12565	84	19	effects	effect	NOUN
fbem-12565	84	20	of	of	ADP
fbem-12565	84	21	enterprises	enterprise	NOUN
fbem-12565	84	22	and	and	CCONJ
fbem-12565	84	23	industries	industry	NOUN
fbem-12565	84	24	are	be	AUX
fbem-12565	84	25	added	add	VERB
fbem-12565	84	26	to	to	PART
fbem-12565	84	27	ensure	ensure	VERB
fbem-12565	84	28	the	the	DET
fbem-12565	84	29	reliability	reliability	NOUN
fbem-12565	84	30	of	of	ADP
fbem-12565	84	31	the	the	DET
fbem-12565	84	32	results	result	NOUN
fbem-12565	84	33	.	.	PUNCT
fbem-12565	85	1	the	the	DET
fbem-12565	85	2	results	result	NOUN
fbem-12565	85	3	showed	show	VERB
fbem-12565	85	4	that	that	SCONJ
fbem-12565	85	5	the	the	DET
fbem-12565	85	6	coefficient	coefficient	NOUN
fbem-12565	85	7	of	of	ADP
fbem-12565	85	8	economic	economic	ADJ
fbem-12565	85	9	policy	policy	NOUN
fbem-12565	85	10	uncertainty	uncertainty	NOUN
fbem-12565	85	11	was	be	AUX
fbem-12565	85	12	significantly	significantly	ADV
fbem-12565	85	13	negative	negative	ADJ
fbem-12565	85	14	at	at	ADP
fbem-12565	85	15	the	the	DET
fbem-12565	85	16	level	level	NOUN
fbem-12565	85	17	of	of	ADP
fbem-12565	85	18	1	1	NUM
fbem-12565	85	19	%	%	NOUN
fbem-12565	85	20	,	,	PUNCT
fbem-12565	85	21	which	which	PRON
fbem-12565	85	22	verified	verify	VERB
fbem-12565	85	23	the	the	DET
fbem-12565	85	24	hypothesis	hypothesis	NOUN
fbem-12565	85	25	that	that	PRON
fbem-12565	85	26	economic	economic	ADJ
fbem-12565	85	27	policy	policy	NOUN
fbem-12565	85	28	uncertainty	uncertainty	NOUN
fbem-12565	85	29	had	have	VERB
fbem-12565	85	30	a	a	DET
fbem-12565	85	31	negative	negative	ADJ
fbem-12565	85	32	impact	impact	NOUN
fbem-12565	85	33	on	on	ADP
fbem-12565	85	34	the	the	DET
fbem-12565	85	35	esg	esg	NOUN
fbem-12565	85	36	performance	performance	NOUN
fbem-12565	85	37	of	of	ADP
fbem-12565	85	38	enterprises	enterprise	NOUN
fbem-12565	85	39	.	.	PUNCT
fbem-12565	86	1	when	when	SCONJ
fbem-12565	86	2	external	external	ADJ
fbem-12565	86	3	risks	risk	NOUN
fbem-12565	86	4	increase	increase	VERB
fbem-12565	86	5	significantly	significantly	ADV
fbem-12565	86	6	,	,	PUNCT
fbem-12565	86	7	companies	company	NOUN
fbem-12565	86	8	focus	focus	VERB
fbem-12565	86	9	more	more	ADV
fbem-12565	86	10	on	on	ADP
fbem-12565	86	11	short	short	ADJ
fbem-12565	86	12	-	-	PUNCT
fbem-12565	86	13	term	term	NOUN
fbem-12565	86	14	performance	performance	NOUN
fbem-12565	86	15	and	and	CCONJ
fbem-12565	86	16	may	may	AUX
fbem-12565	86	17	ignore	ignore	VERB
fbem-12565	86	18	or	or	CCONJ
fbem-12565	86	19	reduce	reduce	VERB
fbem-12565	86	20	investments	investment	NOUN
fbem-12565	86	21	in	in	ADP
fbem-12565	86	22	esg	esg	PROPN
fbem-12565	86	23	.	.	PUNCT
fbem-12565	86	24	table	table	NOUN
fbem-12565	86	25	3	3	NUM
fbem-12565	86	26	.	.	PUNCT
fbem-12565	86	27	base	base	NOUN
fbem-12565	86	28	regression	regression	NOUN
fbem-12565	86	29	results	result	VERB
fbem-12565	86	30	table	table	NOUN
fbem-12565	86	31	variable	variable	ADJ
fbem-12565	86	32	model	model	NOUN
fbem-12565	86	33	lnepu	lnepu	VERB
fbem-12565	86	34	-0.395	-0.395	NOUN
fbem-12565	86	35	*	*	PUNCT
fbem-12565	86	36	*	*	PUNCT
fbem-12565	86	37	*	*	PUNCT
fbem-12565	86	38	(	(	PUNCT
fbem-12565	86	39	0.064	0.064	NUM
fbem-12565	86	40	)	)	PUNCT
fbem-12565	86	41	size	size	NOUN
fbem-12565	86	42	1.597	1.597	NUM
fbem-12565	86	43	*	*	PUNCT
fbem-12565	86	44	*	*	PUNCT
fbem-12565	86	45	*	*	PUNCT
fbem-12565	86	46	(	(	PUNCT
fbem-12565	86	47	0.084	0.084	NUM
fbem-12565	86	48	)	)	PUNCT
fbem-12565	86	49	lev	lev	NOUN
fbem-12565	86	50	-5.137	-5.137	NOUN
fbem-12565	86	51	*	*	PUNCT
fbem-12565	86	52	*	*	PUNCT
fbem-12565	86	53	*	*	PUNCT
fbem-12565	86	54	(	(	PUNCT
fbem-12565	86	55	0.331	0.331	NUM
fbem-12565	86	56	)	)	PUNCT
fbem-12565	86	57	roa	roa	NOUN
fbem-12565	86	58	3.487	3.487	NUM
fbem-12565	86	59	*	*	NOUN
fbem-12565	86	60	*	*	PUNCT
fbem-12565	86	61	*	*	PUNCT
fbem-12565	86	62	(	(	PUNCT
fbem-12565	86	63	0.534	0.534	NUM
fbem-12565	86	64	)	)	PUNCT
fbem-12565	86	65	top1	top1	NOUN
fbem-12565	86	66	0.025	0.025	NUM
fbem-12565	86	67	*	*	PUNCT
fbem-12565	86	68	*	*	PUNCT
fbem-12565	86	69	*	*	PUNCT
fbem-12565	86	70	(	(	PUNCT
fbem-12565	86	71	0.006	0.006	NUM
fbem-12565	86	72	)	)	PUNCT
fbem-12565	86	73	board	board	NOUN
fbem-12565	86	74	-0.710	-0.710	NOUN
fbem-12565	86	75	*	*	NOUN
fbem-12565	86	76	*	*	PUNCT
fbem-12565	86	77	(	(	PUNCT
fbem-12565	86	78	0.283	0.283	NUM
fbem-12565	86	79	)	)	PUNCT
fbem-12565	86	80	gdp	gdp	NOUN
fbem-12565	86	81	-0.047	-0.047	NOUN
fbem-12565	86	82	*	*	PUNCT
fbem-12565	86	83	*	*	PUNCT
fbem-12565	86	84	*	*	PUNCT
fbem-12565	86	85	(	(	PUNCT
fbem-12565	86	86	0.016	0.016	NUM
fbem-12565	86	87	)	)	PUNCT
fbem-12565	86	88	constant	constant	ADJ
fbem-12565	86	89	42.490	42.490	NUM
fbem-12565	86	90	*	*	NOUN
fbem-12565	86	91	*	*	PUNCT
fbem-12565	86	92	*	*	PUNCT
fbem-12565	86	93	(	(	PUNCT
fbem-12565	86	94	1.758	1.758	NUM
fbem-12565	86	95	)	)	PUNCT
fbem-12565	86	96	r	r	NOUN
fbem-12565	86	97	-	-	PUNCT
fbem-12565	86	98	squared	square	VERB
fbem-12565	86	99	0.595	0.595	NUM
fbem-12565	86	100	fixed	fix	VERB
fbem-12565	86	101	effect	effect	NOUN
fbem-12565	86	102	yes	yes	INTJ
fbem-12565	86	103	4.3	4.3	NUM
fbem-12565	86	104	.	.	PUNCT
fbem-12565	87	1	robustness	robustness	NOUN
fbem-12565	87	2	test	test	NOUN
fbem-12565	87	3	4.3.1	4.3.1	NUM
fbem-12565	87	4	.	.	PUNCT
fbem-12565	87	5	replace	replace	VERB
fbem-12565	87	6	dependent	dependent	ADJ
fbem-12565	87	7	variables	variable	NOUN
fbem-12565	87	8	in	in	ADP
fbem-12565	87	9	order	order	NOUN
fbem-12565	87	10	to	to	PART
fbem-12565	87	11	further	far	ADV
fbem-12565	87	12	verify	verify	VERB
fbem-12565	87	13	the	the	DET
fbem-12565	87	14	previous	previous	ADJ
fbem-12565	87	15	conclusion	conclusion	NOUN
fbem-12565	87	16	,	,	PUNCT
fbem-12565	87	17	this	this	DET
fbem-12565	87	18	paper	paper	NOUN
fbem-12565	87	19	changed	change	VERB
fbem-12565	87	20	esg	esg	PROPN
fbem-12565	87	21	score	score	NOUN
fbem-12565	87	22	with	with	ADP
fbem-12565	87	23	esg	esg	NOUN
fbem-12565	87	24	rating	rating	NOUN
fbem-12565	87	25	,	,	PUNCT
fbem-12565	87	26	considering	consider	VERB
fbem-12565	87	27	the	the	DET
fbem-12565	87	28	particularity	particularity	NOUN
fbem-12565	87	29	of	of	ADP
fbem-12565	87	30	rating	rating	NOUN
fbem-12565	87	31	data	datum	NOUN
fbem-12565	87	32	,	,	PUNCT
fbem-12565	87	33	and	and	CCONJ
fbem-12565	87	34	used	use	VERB
fbem-12565	87	35	fixed	fix	VERB
fbem-12565	87	36	order	order	NOUN
fbem-12565	87	37	logit	logit	NOUN
fbem-12565	87	38	regression	regression	NOUN
fbem-12565	87	39	to	to	PART
fbem-12565	87	40	test	test	VERB
fbem-12565	87	41	whether	whether	SCONJ
fbem-12565	87	42	the	the	DET
fbem-12565	87	43	direction	direction	NOUN
fbem-12565	87	44	and	and	CCONJ
fbem-12565	87	45	significance	significance	NOUN
fbem-12565	87	46	of	of	ADP
fbem-12565	87	47	the	the	DET
fbem-12565	87	48	parameter	parameter	NOUN
fbem-12565	87	49	estimation	estimation	NOUN
fbem-12565	87	50	coefficient	coefficient	NOUN
fbem-12565	87	51	change	change	NOUN
fbem-12565	87	52	.	.	PUNCT
fbem-12565	88	1	the	the	DET
fbem-12565	88	2	test	test	NOUN
fbem-12565	88	3	results	result	NOUN
fbem-12565	88	4	are	be	AUX
fbem-12565	88	5	shown	show	VERB
fbem-12565	88	6	in	in	ADP
fbem-12565	88	7	the	the	DET
fbem-12565	88	8	first	first	ADJ
fbem-12565	88	9	column	column	NOUN
fbem-12565	88	10	of	of	ADP
fbem-12565	88	11	table	table	NOUN
fbem-12565	88	12	4	4	NUM
fbem-12565	88	13	,	,	PUNCT
fbem-12565	88	14	and	and	CCONJ
fbem-12565	88	15	the	the	DET
fbem-12565	88	16	direction	direction	NOUN
fbem-12565	88	17	and	and	CCONJ
fbem-12565	88	18	significance	significance	NOUN
fbem-12565	88	19	of	of	ADP
fbem-12565	88	20	the	the	DET
fbem-12565	88	21	economic	economic	ADJ
fbem-12565	88	22	policy	policy	NOUN
fbem-12565	88	23	uncertainty	uncertainty	NOUN
fbem-12565	88	24	coefficient	coefficient	NOUN
fbem-12565	88	25	have	have	AUX
fbem-12565	88	26	not	not	PART
fbem-12565	88	27	changed	change	VERB
fbem-12565	88	28	,	,	PUNCT
fbem-12565	88	29	but	but	CCONJ
fbem-12565	88	30	the	the	DET
fbem-12565	88	31	value	value	NOUN
fbem-12565	88	32	has	have	AUX
fbem-12565	88	33	changed	change	VERB
fbem-12565	88	34	,	,	PUNCT
fbem-12565	88	35	which	which	PRON
fbem-12565	88	36	is	be	AUX
fbem-12565	88	37	consistent	consistent	ADJ
fbem-12565	88	38	with	with	ADP
fbem-12565	88	39	the	the	DET
fbem-12565	88	40	basic	basic	ADJ
fbem-12565	88	41	regression	regression	NOUN
fbem-12565	88	42	conclusion	conclusion	NOUN
fbem-12565	88	43	.	.	PUNCT
fbem-12565	89	1	4.3.2	4.3.2	X
fbem-12565	89	2	.	.	PUNCT
fbem-12565	90	1	replace	replace	VERB
fbem-12565	90	2	independent	independent	ADJ
fbem-12565	90	3	variables	variable	NOUN
fbem-12565	90	4	economic	economic	ADJ
fbem-12565	90	5	policy	policy	NOUN
fbem-12565	90	6	lag	lag	NOUN
fbem-12565	90	7	effect	effect	NOUN
fbem-12565	90	8	,	,	PUNCT
fbem-12565	90	9	when	when	SCONJ
fbem-12565	90	10	the	the	DET
fbem-12565	90	11	enterprise	enterprise	NOUN
fbem-12565	90	12	make	make	VERB
fbem-12565	90	13	related	related	ADJ
fbem-12565	90	14	activities	activity	NOUN
fbem-12565	90	15	,	,	PUNCT
fbem-12565	90	16	due	due	ADP
fbem-12565	90	17	to	to	ADP
fbem-12565	90	18	the	the	DET
fbem-12565	90	19	relative	relative	ADJ
fbem-12565	90	20	lag	lag	NOUN
fbem-12565	90	21	of	of	ADP
fbem-12565	90	22	input	input	NOUN
fbem-12565	90	23	and	and	CCONJ
fbem-12565	90	24	output	output	NOUN
fbem-12565	90	25	,	,	PUNCT
fbem-12565	90	26	performance	performance	NOUN
fbem-12565	90	27	may	may	AUX
fbem-12565	90	28	not	not	PART
fbem-12565	90	29	significant	significant	VERB
fbem-12565	90	30	in	in	ADP
fbem-12565	90	31	the	the	DET
fbem-12565	90	32	current	current	ADJ
fbem-12565	90	33	reaction	reaction	NOUN
fbem-12565	90	34	in	in	ADP
fbem-12565	90	35	the	the	DET
fbem-12565	90	36	next	next	ADJ
fbem-12565	90	37	phase	phase	NOUN
fbem-12565	90	38	,	,	PUNCT
fbem-12565	90	39	so	so	SCONJ
fbem-12565	90	40	this	this	DET
fbem-12565	90	41	paper	paper	NOUN
fbem-12565	90	42	adopts	adopt	VERB
fbem-12565	90	43	the	the	DET
fbem-12565	90	44	lag	lag	NOUN
fbem-12565	90	45	phase	phase	NOUN
fbem-12565	90	46	of	of	ADP
fbem-12565	90	47	economic	economic	ADJ
fbem-12565	90	48	policy	policy	NOUN
fbem-12565	90	49	uncertainty	uncertainty	NOUN
fbem-12565	90	50	indicators	indicator	NOUN
fbem-12565	90	51	for	for	ADP
fbem-12565	90	52	robustness	robustness	NOUN
fbem-12565	90	53	test	test	NOUN
fbem-12565	90	54	,	,	PUNCT
fbem-12565	90	55	the	the	DET
fbem-12565	90	56	results	result	NOUN
fbem-12565	90	57	in	in	ADP
fbem-12565	90	58	the	the	DET
fbem-12565	90	59	second	second	ADJ
fbem-12565	90	60	column	column	NOUN
fbem-12565	90	61	,	,	PUNCT
fbem-12565	90	62	the	the	DET
fbem-12565	90	63	direction	direction	NOUN
fbem-12565	90	64	of	of	ADP
fbem-12565	90	65	the	the	DET
fbem-12565	90	66	uncertainty	uncertainty	NOUN
fbem-12565	90	67	coefficient	coefficient	NOUN
fbem-12565	90	68	of	of	ADP
fbem-12565	90	69	economic	economic	ADJ
fbem-12565	90	70	policy	policy	NOUN
fbem-12565	90	71	and	and	CCONJ
fbem-12565	90	72	significance	significance	NOUN
fbem-12565	90	73	did	do	AUX
fbem-12565	90	74	not	not	PART
fbem-12565	90	75	change	change	VERB
fbem-12565	90	76	,	,	PUNCT
fbem-12565	90	77	shows	show	VERB
fbem-12565	90	78	that	that	SCONJ
fbem-12565	90	79	the	the	DET
fbem-12565	90	80	economic	economic	ADJ
fbem-12565	90	81	policy	policy	NOUN
fbem-12565	90	82	uncertainty	uncertainty	NOUN
fbem-12565	90	83	negative	negative	ADJ
fbem-12565	90	84	impact	impact	NOUN
fbem-12565	90	85	on	on	ADP
fbem-12565	90	86	enterprise	enterprise	NOUN
fbem-12565	90	87	esg	esg	NOUN
fbem-12565	90	88	performance	performance	NOUN
fbem-12565	90	89	.	.	PUNCT
fbem-12565	91	1	99	99	NUM
fbem-12565	91	2	table	table	NOUN
fbem-12565	91	3	4	4	NUM
fbem-12565	91	4	.	.	PUNCT
fbem-12565	91	5	results	result	NOUN
fbem-12565	91	6	of	of	ADP
fbem-12565	91	7	the	the	DET
fbem-12565	91	8	robustness	robustness	NOUN
fbem-12565	91	9	test	test	NOUN
fbem-12565	91	10	(	(	PUNCT
fbem-12565	91	11	1	1	NUM
fbem-12565	91	12	)	)	PUNCT
fbem-12565	91	13	(	(	PUNCT
fbem-12565	91	14	2	2	X
fbem-12565	91	15	)	)	PUNCT
fbem-12565	91	16	lnepu	lnepu	NOUN
fbem-12565	91	17	-0.166	-0.166	PUNCT
fbem-12565	91	18	*	*	PUNCT
fbem-12565	91	19	*	*	PUNCT
fbem-12565	91	20	*	*	PUNCT
fbem-12565	91	21	(	(	PUNCT
fbem-12565	91	22	0.045	0.045	NUM
fbem-12565	91	23	)	)	PUNCT
fbem-12565	91	24	epu_lag	epu_lag	NOUN
fbem-12565	91	25	-0.274	-0.274	NOUN
fbem-12565	91	26	*	*	PUNCT
fbem-12565	91	27	*	*	PUNCT
fbem-12565	91	28	*	*	PUNCT
fbem-12565	91	29	(	(	PUNCT
fbem-12565	91	30	0.062	0.062	NUM
fbem-12565	91	31	)	)	PUNCT
fbem-12565	91	32	controls	control	VERB
fbem-12565	92	1	yes	yes	INTJ
fbem-12565	92	2	yes	yes	INTJ
fbem-12565	92	3	r	r	NOUN
fbem-12565	92	4	-	-	PUNCT
fbem-12565	92	5	squared	square	VERB
fbem-12565	92	6	0.619	0.619	NUM
fbem-12565	92	7	fixed	fix	VERB
fbem-12565	92	8	effect	effect	NOUN
fbem-12565	93	1	yes	yes	INTJ
fbem-12565	93	2	yes	yes	INTJ
fbem-12565	93	3	4.4	4.4	NUM
fbem-12565	93	4	.	.	PUNCT
fbem-12565	94	1	heterogeneity	heterogeneity	NOUN
fbem-12565	94	2	test	test	NOUN
fbem-12565	94	3	enterprises	enterprise	NOUN
fbem-12565	94	4	with	with	ADP
fbem-12565	94	5	different	different	ADJ
fbem-12565	94	6	property	property	NOUN
fbem-12565	94	7	rights	right	NOUN
fbem-12565	94	8	also	also	ADV
fbem-12565	94	9	have	have	VERB
fbem-12565	94	10	different	different	ADJ
fbem-12565	94	11	sensitivity	sensitivity	NOUN
fbem-12565	94	12	to	to	ADP
fbem-12565	94	13	economic	economic	ADJ
fbem-12565	94	14	policy	policy	NOUN
fbem-12565	94	15	uncertainty	uncertainty	NOUN
fbem-12565	94	16	.	.	PUNCT
fbem-12565	95	1	in	in	ADP
fbem-12565	95	2	this	this	DET
fbem-12565	95	3	paper	paper	NOUN
fbem-12565	95	4	,	,	PUNCT
fbem-12565	95	5	sample	sample	NOUN
fbem-12565	95	6	regression	regression	NOUN
fbem-12565	95	7	is	be	AUX
fbem-12565	95	8	used	use	VERB
fbem-12565	95	9	to	to	PART
fbem-12565	95	10	analyze	analyze	VERB
fbem-12565	95	11	whether	whether	SCONJ
fbem-12565	95	12	there	there	PRON
fbem-12565	95	13	is	be	VERB
fbem-12565	95	14	any	any	DET
fbem-12565	95	15	difference	difference	NOUN
fbem-12565	95	16	in	in	ADP
fbem-12565	95	17	esg	esg	PROPN
fbem-12565	95	18	performance	performance	NOUN
fbem-12565	95	19	between	between	ADP
fbem-12565	95	20	state	state	NOUN
fbem-12565	95	21	-	-	PUNCT
fbem-12565	95	22	owned	own	VERB
fbem-12565	95	23	enterprises	enterprise	NOUN
fbem-12565	95	24	and	and	CCONJ
fbem-12565	95	25	non	non	ADJ
fbem-12565	95	26	-	-	ADJ
fbem-12565	95	27	state	state	NOUN
fbem-12565	95	28	-	-	PUNCT
fbem-12565	95	29	owned	own	VERB
fbem-12565	95	30	enterprises	enterprise	NOUN
fbem-12565	95	31	when	when	SCONJ
fbem-12565	95	32	economic	economic	ADJ
fbem-12565	95	33	policy	policy	NOUN
fbem-12565	95	34	uncertainty	uncertainty	NOUN
fbem-12565	95	35	increases	increase	VERB
fbem-12565	95	36	.	.	PUNCT
fbem-12565	96	1	the	the	DET
fbem-12565	96	2	results	result	NOUN
fbem-12565	96	3	are	be	AUX
fbem-12565	96	4	shown	show	VERB
fbem-12565	96	5	in	in	ADP
fbem-12565	96	6	table	table	NOUN
fbem-12565	96	7	5	5	NUM
fbem-12565	96	8	.	.	PUNCT
fbem-12565	97	1	the	the	DET
fbem-12565	97	2	first	first	ADJ
fbem-12565	97	3	and	and	CCONJ
fbem-12565	97	4	second	second	ADJ
fbem-12565	97	5	columns	column	NOUN
fbem-12565	97	6	are	be	AUX
fbem-12565	97	7	the	the	DET
fbem-12565	97	8	regression	regression	NOUN
fbem-12565	97	9	results	result	NOUN
fbem-12565	97	10	of	of	ADP
fbem-12565	97	11	non	non	ADJ
fbem-12565	97	12	-	-	NOUN
fbem-12565	97	13	soes	soe	NOUN
fbem-12565	97	14	and	and	CCONJ
fbem-12565	97	15	soes	soe	NOUN
fbem-12565	97	16	,	,	PUNCT
fbem-12565	97	17	respectively	respectively	ADV
fbem-12565	97	18	.	.	PUNCT
fbem-12565	98	1	the	the	DET
fbem-12565	98	2	regression	regression	NOUN
fbem-12565	98	3	results	result	NOUN
fbem-12565	98	4	of	of	ADP
fbem-12565	98	5	non	non	ADJ
fbem-12565	98	6	-	-	NOUN
fbem-12565	98	7	soes	soe	NOUN
fbem-12565	98	8	are	be	AUX
fbem-12565	98	9	the	the	DET
fbem-12565	98	10	same	same	ADJ
fbem-12565	98	11	as	as	ADP
fbem-12565	98	12	the	the	DET
fbem-12565	98	13	benchmark	benchmark	NOUN
fbem-12565	98	14	regression	regression	NOUN
fbem-12565	98	15	results	result	NOUN
fbem-12565	98	16	,	,	PUNCT
fbem-12565	98	17	that	that	ADV
fbem-12565	98	18	is	is	ADV
fbem-12565	98	19	,	,	PUNCT
fbem-12565	98	20	the	the	DET
fbem-12565	98	21	economic	economic	ADJ
fbem-12565	98	22	policy	policy	NOUN
fbem-12565	98	23	uncertainty	uncertainty	NOUN
fbem-12565	98	24	has	have	VERB
fbem-12565	98	25	a	a	DET
fbem-12565	98	26	negative	negative	ADJ
fbem-12565	98	27	impact	impact	NOUN
fbem-12565	98	28	on	on	ADP
fbem-12565	98	29	the	the	DET
fbem-12565	98	30	esg	esg	NOUN
fbem-12565	98	31	performance	performance	NOUN
fbem-12565	98	32	of	of	ADP
fbem-12565	98	33	enterprises	enterprise	NOUN
fbem-12565	98	34	.	.	PUNCT
fbem-12565	99	1	however	however	ADV
fbem-12565	99	2	,	,	PUNCT
fbem-12565	99	3	the	the	DET
fbem-12565	99	4	regression	regression	NOUN
fbem-12565	99	5	results	result	NOUN
fbem-12565	99	6	of	of	ADP
fbem-12565	99	7	soes	soe	NOUN
fbem-12565	99	8	were	be	AUX
fbem-12565	99	9	opposite	opposite	ADJ
fbem-12565	99	10	to	to	ADP
fbem-12565	99	11	the	the	DET
fbem-12565	99	12	basic	basic	ADJ
fbem-12565	99	13	regression	regression	NOUN
fbem-12565	99	14	results	result	NOUN
fbem-12565	99	15	,	,	PUNCT
fbem-12565	99	16	and	and	CCONJ
fbem-12565	99	17	the	the	DET
fbem-12565	99	18	parameter	parameter	NOUN
fbem-12565	99	19	coefficient	coefficient	NOUN
fbem-12565	99	20	was	be	AUX
fbem-12565	99	21	significantly	significantly	ADV
fbem-12565	99	22	positive	positive	ADJ
fbem-12565	99	23	at	at	ADP
fbem-12565	99	24	the	the	DET
fbem-12565	99	25	level	level	NOUN
fbem-12565	99	26	of	of	ADP
fbem-12565	99	27	5	5	NUM
fbem-12565	99	28	%	%	NOUN
fbem-12565	99	29	.	.	PUNCT
fbem-12565	100	1	first	first	ADV
fbem-12565	100	2	,	,	PUNCT
fbem-12565	100	3	rising	rise	VERB
fbem-12565	100	4	economic	economic	ADJ
fbem-12565	100	5	policy	policy	NOUN
fbem-12565	100	6	uncertainty	uncertainty	NOUN
fbem-12565	100	7	will	will	AUX
fbem-12565	100	8	exacerbate	exacerbate	VERB
fbem-12565	100	9	industry	industry	NOUN
fbem-12565	100	10	competition	competition	NOUN
fbem-12565	100	11	,	,	PUNCT
fbem-12565	100	12	while	while	SCONJ
fbem-12565	100	13	soes	soe	NOUN
fbem-12565	100	14	are	be	AUX
fbem-12565	100	15	more	more	ADV
fbem-12565	100	16	closely	closely	ADV
fbem-12565	100	17	linked	link	VERB
fbem-12565	100	18	to	to	ADP
fbem-12565	100	19	the	the	DET
fbem-12565	100	20	government	government	NOUN
fbem-12565	100	21	and	and	CCONJ
fbem-12565	100	22	will	will	AUX
fbem-12565	100	23	respond	respond	VERB
fbem-12565	100	24	quickly	quickly	ADV
fbem-12565	100	25	and	and	CCONJ
fbem-12565	100	26	accurately	accurately	ADV
fbem-12565	100	27	to	to	ADP
fbem-12565	100	28	policy	policy	NOUN
fbem-12565	100	29	changes	change	NOUN
fbem-12565	100	30	.	.	PUNCT
fbem-12565	101	1	and	and	CCONJ
fbem-12565	101	2	compared	compare	VERB
fbem-12565	101	3	with	with	ADP
fbem-12565	101	4	non	non	ADJ
fbem-12565	101	5	-	-	ADJ
fbem-12565	101	6	state	state	NOUN
fbem-12565	101	7	-	-	PUNCT
fbem-12565	101	8	owned	own	VERB
fbem-12565	101	9	enterprises	enterprise	NOUN
fbem-12565	101	10	,	,	PUNCT
fbem-12565	101	11	state	state	NOUN
fbem-12565	101	12	-	-	PUNCT
fbem-12565	101	13	owned	own	VERB
fbem-12565	101	14	enterprises	enterprise	NOUN
fbem-12565	101	15	face	face	VERB
fbem-12565	101	16	less	less	ADJ
fbem-12565	101	17	pressure	pressure	NOUN
fbem-12565	101	18	on	on	ADP
fbem-12565	101	19	cash	cash	NOUN
fbem-12565	101	20	flow	flow	NOUN
fbem-12565	101	21	pressure	pressure	NOUN
fbem-12565	101	22	and	and	CCONJ
fbem-12565	101	23	financing	financing	NOUN
fbem-12565	101	24	pressure	pressure	NOUN
fbem-12565	101	25	.	.	PUNCT
fbem-12565	102	1	it	it	PRON
fbem-12565	102	2	is	be	AUX
fbem-12565	102	3	easier	easy	ADJ
fbem-12565	102	4	for	for	SCONJ
fbem-12565	102	5	state	state	NOUN
fbem-12565	102	6	-	-	PUNCT
fbem-12565	102	7	owned	own	VERB
fbem-12565	102	8	enterprises	enterprise	NOUN
fbem-12565	102	9	to	to	PART
fbem-12565	102	10	seize	seize	VERB
fbem-12565	102	11	the	the	DET
fbem-12565	102	12	opportunity	opportunity	NOUN
fbem-12565	102	13	during	during	ADP
fbem-12565	102	14	the	the	DET
fbem-12565	102	15	period	period	NOUN
fbem-12565	102	16	of	of	ADP
fbem-12565	102	17	increasing	increase	VERB
fbem-12565	102	18	economic	economic	ADJ
fbem-12565	102	19	policy	policy	NOUN
fbem-12565	102	20	uncertainty	uncertainty	NOUN
fbem-12565	102	21	,	,	PUNCT
fbem-12565	102	22	establish	establish	VERB
fbem-12565	102	23	the	the	DET
fbem-12565	102	24	brand	brand	NOUN
fbem-12565	102	25	image	image	NOUN
fbem-12565	102	26	,	,	PUNCT
fbem-12565	102	27	and	and	CCONJ
fbem-12565	102	28	increase	increase	VERB
fbem-12565	102	29	the	the	DET
fbem-12565	102	30	esg	esg	NOUN
fbem-12565	102	31	investment	investment	NOUN
fbem-12565	102	32	so	so	SCONJ
fbem-12565	102	33	as	as	SCONJ
fbem-12565	102	34	to	to	PART
fbem-12565	102	35	have	have	VERB
fbem-12565	102	36	a	a	DET
fbem-12565	102	37	better	well	ADJ
fbem-12565	102	38	esg	esg	NOUN
fbem-12565	102	39	performance	performance	NOUN
fbem-12565	102	40	.	.	PUNCT
fbem-12565	103	1	second	second	ADJ
fbem-12565	103	2	,	,	PUNCT
fbem-12565	103	3	soes	soe	NOUN
fbem-12565	103	4	should	should	AUX
fbem-12565	103	5	set	set	VERB
fbem-12565	103	6	an	an	DET
fbem-12565	103	7	example	example	NOUN
fbem-12565	103	8	in	in	ADP
fbem-12565	103	9	an	an	DET
fbem-12565	103	10	environment	environment	NOUN
fbem-12565	103	11	that	that	PRON
fbem-12565	103	12	strongly	strongly	ADV
fbem-12565	103	13	advocates	advocate	VERB
fbem-12565	103	14	the	the	DET
fbem-12565	103	15	disclosure	disclosure	NOUN
fbem-12565	103	16	of	of	ADP
fbem-12565	103	17	esg	esg	PROPN
fbem-12565	103	18	information	information	NOUN
fbem-12565	103	19	.	.	PUNCT
fbem-12565	104	1	to	to	ADP
fbem-12565	104	2	some	some	DET
fbem-12565	104	3	extent	extent	NOUN
fbem-12565	104	4	,	,	PUNCT
fbem-12565	104	5	the	the	DET
fbem-12565	104	6	relevant	relevant	ADJ
fbem-12565	104	7	economic	economic	ADJ
fbem-12565	104	8	activities	activity	NOUN
fbem-12565	104	9	of	of	ADP
fbem-12565	104	10	soes	soe	NOUN
fbem-12565	104	11	also	also	ADV
fbem-12565	104	12	represent	represent	VERB
fbem-12565	104	13	a	a	DET
fbem-12565	104	14	certain	certain	ADJ
fbem-12565	104	15	policy	policy	NOUN
fbem-12565	104	16	direction	direction	NOUN
fbem-12565	104	17	,	,	PUNCT
fbem-12565	104	18	shouldering	shoulder	VERB
fbem-12565	104	19	the	the	DET
fbem-12565	104	20	responsibility	responsibility	NOUN
fbem-12565	104	21	of	of	ADP
fbem-12565	104	22	stabilizing	stabilize	VERB
fbem-12565	104	23	the	the	DET
fbem-12565	104	24	economy	economy	NOUN
fbem-12565	104	25	,	,	PUNCT
fbem-12565	104	26	ensuring	ensure	VERB
fbem-12565	104	27	employment	employment	NOUN
fbem-12565	104	28	and	and	CCONJ
fbem-12565	104	29	improving	improve	VERB
fbem-12565	104	30	the	the	DET
fbem-12565	104	31	environment	environment	NOUN
fbem-12565	104	32	.	.	PUNCT
fbem-12565	105	1	therefore	therefore	ADV
fbem-12565	105	2	,	,	PUNCT
fbem-12565	105	3	in	in	ADP
fbem-12565	105	4	the	the	DET
fbem-12565	105	5	period	period	NOUN
fbem-12565	105	6	of	of	ADP
fbem-12565	105	7	rising	rise	VERB
fbem-12565	105	8	economic	economic	ADJ
fbem-12565	105	9	policy	policy	NOUN
fbem-12565	105	10	uncertainty	uncertainty	NOUN
fbem-12565	105	11	,	,	PUNCT
fbem-12565	105	12	soes	soe	NOUN
fbem-12565	105	13	have	have	VERB
fbem-12565	105	14	the	the	DET
fbem-12565	105	15	motivation	motivation	NOUN
fbem-12565	105	16	to	to	PART
fbem-12565	105	17	improve	improve	VERB
fbem-12565	105	18	their	their	PRON
fbem-12565	105	19	esg	esg	NOUN
fbem-12565	105	20	performance	performance	NOUN
fbem-12565	105	21	.	.	PUNCT
fbem-12565	106	1	table	table	NOUN
fbem-12565	106	2	5	5	NUM
fbem-12565	106	3	.	.	PUNCT
fbem-12565	107	1	results	result	NOUN
fbem-12565	107	2	of	of	ADP
fbem-12565	107	3	the	the	DET
fbem-12565	107	4	heterogeneity	heterogeneity	NOUN
fbem-12565	107	5	test	test	NOUN
fbem-12565	107	6	(	(	PUNCT
fbem-12565	107	7	1	1	NUM
fbem-12565	107	8	)	)	PUNCT
fbem-12565	107	9	(	(	PUNCT
fbem-12565	107	10	2	2	X
fbem-12565	107	11	)	)	PUNCT
fbem-12565	107	12	lnepu	lnepu	NOUN
fbem-12565	107	13	-0.919	-0.919	PUNCT
fbem-12565	107	14	*	*	PUNCT
fbem-12565	107	15	*	*	PUNCT
fbem-12565	107	16	*	*	PUNCT
fbem-12565	107	17	0.237	0.237	NUM
fbem-12565	107	18	*	*	NOUN
fbem-12565	107	19	*	*	PUNCT
fbem-12565	107	20	(	(	PUNCT
fbem-12565	107	21	0.087	0.087	NUM
fbem-12565	107	22	)	)	PUNCT
fbem-12565	107	23	(	(	PUNCT
fbem-12565	107	24	0.098	0.098	NUM
fbem-12565	107	25	)	)	PUNCT
fbem-12565	107	26	controls	control	VERB
fbem-12565	107	27	yes	yes	INTJ
fbem-12565	108	1	yes	yes	INTJ
fbem-12565	108	2	r	r	NOUN
fbem-12565	108	3	-	-	PUNCT
fbem-12565	108	4	squared	square	VERB
fbem-12565	108	5	0.585	0.585	NUM
fbem-12565	108	6	0.635	0.635	NUM
fbem-12565	108	7	fixed	fix	VERB
fbem-12565	108	8	effect	effect	NOUN
fbem-12565	109	1	yes	yes	INTJ
fbem-12565	109	2	yes	yes	INTJ
fbem-12565	110	1	5	5	NUM
fbem-12565	110	2	.	.	X
fbem-12565	110	3	conclusion	conclusion	NOUN
fbem-12565	110	4	based	base	VERB
fbem-12565	110	5	on	on	ADP
fbem-12565	110	6	the	the	DET
fbem-12565	110	7	data	datum	NOUN
fbem-12565	110	8	of	of	ADP
fbem-12565	110	9	china	china	PROPN
fbem-12565	110	10	's	's	PART
fbem-12565	110	11	a	a	DET
fbem-12565	110	12	-	-	PUNCT
fbem-12565	110	13	share	share	NOUN
fbem-12565	110	14	listed	list	VERB
fbem-12565	110	15	companies	company	NOUN
fbem-12565	110	16	in	in	ADP
fbem-12565	110	17	2014	2014	NUM
fbem-12565	110	18	-	-	SYM
fbem-12565	110	19	2022	2022	NUM
fbem-12565	110	20	,	,	PUNCT
fbem-12565	110	21	this	this	DET
fbem-12565	110	22	paper	paper	NOUN
fbem-12565	110	23	tests	test	VERB
fbem-12565	110	24	the	the	DET
fbem-12565	110	25	impact	impact	NOUN
fbem-12565	110	26	of	of	ADP
fbem-12565	110	27	economic	economic	ADJ
fbem-12565	110	28	policy	policy	NOUN
fbem-12565	110	29	uncertainty	uncertainty	NOUN
fbem-12565	110	30	on	on	ADP
fbem-12565	110	31	the	the	DET
fbem-12565	110	32	esg	esg	NOUN
fbem-12565	110	33	performance	performance	NOUN
fbem-12565	110	34	of	of	ADP
fbem-12565	110	35	enterprises	enterprise	NOUN
fbem-12565	110	36	.	.	PUNCT
fbem-12565	111	1	the	the	DET
fbem-12565	111	2	study	study	NOUN
fbem-12565	111	3	found	find	VERB
fbem-12565	111	4	that	that	SCONJ
fbem-12565	111	5	the	the	DET
fbem-12565	111	6	uncertainty	uncertainty	NOUN
fbem-12565	111	7	of	of	ADP
fbem-12565	111	8	economic	economic	ADJ
fbem-12565	111	9	policy	policy	NOUN
fbem-12565	111	10	has	have	VERB
fbem-12565	111	11	a	a	DET
fbem-12565	111	12	negative	negative	ADJ
fbem-12565	111	13	impact	impact	NOUN
fbem-12565	111	14	on	on	ADP
fbem-12565	111	15	the	the	DET
fbem-12565	111	16	esg	esg	NOUN
fbem-12565	111	17	performance	performance	NOUN
fbem-12565	111	18	of	of	ADP
fbem-12565	111	19	enterprises	enterprise	NOUN
fbem-12565	111	20	.	.	PUNCT
fbem-12565	112	1	in	in	ADP
fbem-12565	112	2	the	the	DET
fbem-12565	112	3	case	case	NOUN
fbem-12565	112	4	of	of	ADP
fbem-12565	112	5	significantly	significantly	ADV
fbem-12565	112	6	increased	increase	VERB
fbem-12565	112	7	external	external	ADJ
fbem-12565	112	8	risks	risk	NOUN
fbem-12565	112	9	,	,	PUNCT
fbem-12565	112	10	enterprises	enterprise	NOUN
fbem-12565	112	11	will	will	AUX
fbem-12565	112	12	pay	pay	VERB
fbem-12565	112	13	more	more	ADJ
fbem-12565	112	14	attention	attention	NOUN
fbem-12565	112	15	to	to	ADP
fbem-12565	112	16	the	the	DET
fbem-12565	112	17	short	short	ADJ
fbem-12565	112	18	-	-	PUNCT
fbem-12565	112	19	term	term	NOUN
fbem-12565	112	20	performance	performance	NOUN
fbem-12565	112	21	,	,	PUNCT
fbem-12565	112	22	which	which	PRON
fbem-12565	112	23	will	will	AUX
fbem-12565	112	24	reduce	reduce	VERB
fbem-12565	112	25	the	the	DET
fbem-12565	112	26	esg	esg	NOUN
fbem-12565	112	27	investment	investment	NOUN
fbem-12565	112	28	.	.	PUNCT
fbem-12565	113	1	the	the	DET
fbem-12565	113	2	regression	regression	NOUN
fbem-12565	113	3	results	result	NOUN
fbem-12565	113	4	of	of	ADP
fbem-12565	113	5	the	the	DET
fbem-12565	113	6	explained	explain	VERB
fbem-12565	113	7	variables	variable	NOUN
fbem-12565	113	8	and	and	CCONJ
fbem-12565	113	9	the	the	DET
fbem-12565	113	10	conclusions	conclusion	NOUN
fbem-12565	113	11	of	of	ADP
fbem-12565	113	12	the	the	DET
fbem-12565	113	13	underlying	underlie	VERB
fbem-12565	113	14	regression	regression	NOUN
fbem-12565	113	15	.	.	PUNCT
fbem-12565	114	1	further	further	ADJ
fbem-12565	114	2	analysis	analysis	NOUN
fbem-12565	114	3	of	of	ADP
fbem-12565	114	4	the	the	DET
fbem-12565	114	5	property	property	NOUN
fbem-12565	114	6	rights	right	NOUN
fbem-12565	114	7	of	of	ADP
fbem-12565	114	8	enterprises	enterprise	NOUN
fbem-12565	114	9	found	find	VERB
fbem-12565	114	10	that	that	SCONJ
fbem-12565	114	11	the	the	DET
fbem-12565	114	12	regression	regression	NOUN
fbem-12565	114	13	results	result	NOUN
fbem-12565	114	14	of	of	ADP
fbem-12565	114	15	non	non	ADJ
fbem-12565	114	16	-	-	ADJ
fbem-12565	114	17	stateowned	stateowned	ADJ
fbem-12565	114	18	enterprises	enterprise	NOUN
fbem-12565	114	19	were	be	AUX
fbem-12565	114	20	consistent	consistent	ADJ
fbem-12565	114	21	with	with	ADP
fbem-12565	114	22	the	the	DET
fbem-12565	114	23	basic	basic	ADJ
fbem-12565	114	24	regression	regression	NOUN
fbem-12565	114	25	,	,	PUNCT
fbem-12565	114	26	but	but	CCONJ
fbem-12565	114	27	the	the	DET
fbem-12565	114	28	regression	regression	NOUN
fbem-12565	114	29	results	result	NOUN
fbem-12565	114	30	of	of	ADP
fbem-12565	114	31	state	state	NOUN
fbem-12565	114	32	-	-	PUNCT
fbem-12565	114	33	owned	own	VERB
fbem-12565	114	34	enterprises	enterprise	NOUN
fbem-12565	114	35	showed	show	VERB
fbem-12565	114	36	opposite	opposite	ADJ
fbem-12565	114	37	results	result	NOUN
fbem-12565	114	38	.	.	PUNCT
fbem-12565	115	1	however	however	ADV
fbem-12565	115	2	,	,	PUNCT
fbem-12565	115	3	combining	combine	VERB
fbem-12565	115	4	with	with	ADP
fbem-12565	115	5	the	the	DET
fbem-12565	115	6	functions	function	NOUN
fbem-12565	115	7	and	and	CCONJ
fbem-12565	115	8	characteristics	characteristic	NOUN
fbem-12565	115	9	of	of	ADP
fbem-12565	115	10	state	state	NOUN
fbem-12565	115	11	-	-	PUNCT
fbem-12565	115	12	owned	own	VERB
fbem-12565	115	13	enterprises	enterprise	NOUN
fbem-12565	115	14	,	,	PUNCT
fbem-12565	115	15	this	this	DET
fbem-12565	115	16	paper	paper	NOUN
fbem-12565	115	17	believes	believe	VERB
fbem-12565	115	18	that	that	SCONJ
fbem-12565	115	19	state	state	NOUN
fbem-12565	115	20	-	-	PUNCT
fbem-12565	115	21	owned	own	VERB
fbem-12565	115	22	enterprises	enterprise	NOUN
fbem-12565	115	23	will	will	AUX
fbem-12565	115	24	improve	improve	VERB
fbem-12565	115	25	the	the	DET
fbem-12565	115	26	performance	performance	NOUN
fbem-12565	115	27	of	of	ADP
fbem-12565	115	28	esg	esg	PROPN
fbem-12565	115	29	during	during	ADP
fbem-12565	115	30	the	the	DET
fbem-12565	115	31	period	period	NOUN
fbem-12565	115	32	of	of	ADP
fbem-12565	115	33	rising	rise	VERB
fbem-12565	115	34	economic	economic	ADJ
fbem-12565	115	35	policy	policy	NOUN
fbem-12565	115	36	uncertainty	uncertainty	NOUN
fbem-12565	115	37	.	.	PUNCT
fbem-12565	116	1	due	due	ADP
fbem-12565	116	2	to	to	ADP
fbem-12565	116	3	the	the	DET
fbem-12565	116	4	impact	impact	NOUN
fbem-12565	116	5	of	of	ADP
fbem-12565	116	6	covid-19	covid-19	PROPN
fbem-12565	116	7	,	,	PUNCT
fbem-12565	116	8	the	the	DET
fbem-12565	116	9	global	global	ADJ
fbem-12565	116	10	economic	economic	ADJ
fbem-12565	116	11	downturn	downturn	NOUN
fbem-12565	116	12	,	,	PUNCT
fbem-12565	116	13	and	and	CCONJ
fbem-12565	116	14	many	many	ADJ
fbem-12565	116	15	enterprises	enterprise	NOUN
fbem-12565	116	16	are	be	AUX
fbem-12565	116	17	also	also	ADV
fbem-12565	116	18	facing	face	VERB
fbem-12565	116	19	operating	operate	VERB
fbem-12565	116	20	difficulties	difficulty	NOUN
fbem-12565	116	21	.	.	PUNCT
fbem-12565	117	1	from	from	ADP
fbem-12565	117	2	the	the	DET
fbem-12565	117	3	macro	macro	ADJ
fbem-12565	117	4	level	level	NOUN
fbem-12565	117	5	,	,	PUNCT
fbem-12565	117	6	the	the	DET
fbem-12565	117	7	government	government	NOUN
fbem-12565	117	8	should	should	AUX
fbem-12565	117	9	give	give	VERB
fbem-12565	117	10	full	full	ADJ
fbem-12565	117	11	play	play	NOUN
fbem-12565	117	12	to	to	ADP
fbem-12565	117	13	the	the	DET
fbem-12565	117	14	leading	lead	VERB
fbem-12565	117	15	role	role	NOUN
fbem-12565	117	16	,	,	PUNCT
fbem-12565	117	17	ensure	ensure	VERB
fbem-12565	117	18	the	the	DET
fbem-12565	117	19	stability	stability	NOUN
fbem-12565	117	20	of	of	ADP
fbem-12565	117	21	the	the	DET
fbem-12565	117	22	economy	economy	NOUN
fbem-12565	117	23	,	,	PUNCT
fbem-12565	117	24	and	and	CCONJ
fbem-12565	117	25	consider	consider	VERB
fbem-12565	117	26	the	the	DET
fbem-12565	117	27	differences	difference	NOUN
fbem-12565	117	28	in	in	ADP
fbem-12565	117	29	industries	industry	NOUN
fbem-12565	117	30	and	and	CCONJ
fbem-12565	117	31	property	property	NOUN
fbem-12565	117	32	rights	right	NOUN
fbem-12565	117	33	of	of	ADP
fbem-12565	117	34	enterprises	enterprise	NOUN
fbem-12565	117	35	,	,	PUNCT
fbem-12565	117	36	and	and	CCONJ
fbem-12565	117	37	take	take	VERB
fbem-12565	117	38	targeted	target	VERB
fbem-12565	117	39	economic	economic	ADJ
fbem-12565	117	40	policies	policy	NOUN
fbem-12565	117	41	and	and	CCONJ
fbem-12565	117	42	measures	measure	NOUN
fbem-12565	117	43	to	to	PART
fbem-12565	117	44	stimulate	stimulate	VERB
fbem-12565	117	45	enterprises	enterprise	NOUN
fbem-12565	117	46	to	to	PART
fbem-12565	117	47	invest	invest	VERB
fbem-12565	117	48	in	in	ADP
fbem-12565	117	49	esg	esg	PROPN
fbem-12565	117	50	.	.	PUNCT
fbem-12565	118	1	from	from	ADP
fbem-12565	118	2	the	the	DET
fbem-12565	118	3	perspective	perspective	NOUN
fbem-12565	118	4	of	of	ADP
fbem-12565	118	5	enterprises	enterprise	NOUN
fbem-12565	118	6	,	,	PUNCT
fbem-12565	118	7	managers	manager	NOUN
fbem-12565	118	8	should	should	AUX
fbem-12565	118	9	consider	consider	VERB
fbem-12565	118	10	the	the	DET
fbem-12565	118	11	uncertainty	uncertainty	NOUN
fbem-12565	118	12	of	of	ADP
fbem-12565	118	13	economic	economic	ADJ
fbem-12565	118	14	policies	policy	NOUN
fbem-12565	118	15	when	when	SCONJ
fbem-12565	118	16	formulating	formulate	VERB
fbem-12565	118	17	investment	investment	NOUN
fbem-12565	118	18	strategies	strategy	NOUN
fbem-12565	118	19	,	,	PUNCT
fbem-12565	118	20	do	do	VERB
fbem-12565	118	21	a	a	DET
fbem-12565	118	22	good	good	ADJ
fbem-12565	118	23	job	job	NOUN
fbem-12565	118	24	in	in	ADP
fbem-12565	118	25	risk	risk	NOUN
fbem-12565	118	26	control	control	NOUN
fbem-12565	118	27	,	,	PUNCT
fbem-12565	118	28	reasonably	reasonably	ADV
fbem-12565	118	29	allocate	allocate	ADJ
fbem-12565	118	30	company	company	NOUN
fbem-12565	118	31	resources	resource	NOUN
fbem-12565	118	32	,	,	PUNCT
fbem-12565	118	33	and	and	CCONJ
fbem-12565	118	34	seek	seek	VERB
fbem-12565	118	35	a	a	DET
fbem-12565	118	36	balance	balance	NOUN
fbem-12565	118	37	between	between	ADP
fbem-12565	118	38	short	short	ADJ
fbem-12565	118	39	-	-	PUNCT
fbem-12565	118	40	term	term	NOUN
fbem-12565	118	41	development	development	NOUN
fbem-12565	118	42	and	and	CCONJ
fbem-12565	118	43	long	long	ADJ
fbem-12565	118	44	-	-	PUNCT
fbem-12565	118	45	term	term	NOUN
fbem-12565	118	46	development	development	NOUN
fbem-12565	118	47	of	of	ADP
fbem-12565	118	48	enterprises	enterprise	NOUN
fbem-12565	118	49	.	.	PUNCT
fbem-12565	119	1	from	from	ADP
fbem-12565	119	2	the	the	DET
fbem-12565	119	3	perspective	perspective	NOUN
fbem-12565	119	4	of	of	ADP
fbem-12565	119	5	investors	investor	NOUN
fbem-12565	119	6	,	,	PUNCT
fbem-12565	119	7	while	while	SCONJ
fbem-12565	119	8	considering	consider	VERB
fbem-12565	119	9	the	the	DET
fbem-12565	119	10	esg	esg	NOUN
fbem-12565	119	11	performance	performance	NOUN
fbem-12565	119	12	of	of	ADP
fbem-12565	119	13	enterprises	enterprise	NOUN
fbem-12565	119	14	,	,	PUNCT
fbem-12565	119	15	we	we	PRON
fbem-12565	119	16	should	should	AUX
fbem-12565	119	17	also	also	ADV
fbem-12565	119	18	pay	pay	VERB
fbem-12565	119	19	attention	attention	NOUN
fbem-12565	119	20	to	to	ADP
fbem-12565	119	21	the	the	DET
fbem-12565	119	22	impact	impact	NOUN
fbem-12565	119	23	of	of	ADP
fbem-12565	119	24	economic	economic	ADJ
fbem-12565	119	25	policy	policy	NOUN
fbem-12565	119	26	uncertainty	uncertainty	NOUN
fbem-12565	119	27	,	,	PUNCT
fbem-12565	119	28	and	and	CCONJ
fbem-12565	119	29	make	make	VERB
fbem-12565	119	30	reasonable	reasonable	ADJ
fbem-12565	119	31	use	use	NOUN
fbem-12565	119	32	of	of	ADP
fbem-12565	119	33	relevant	relevant	ADJ
fbem-12565	119	34	information	information	NOUN
fbem-12565	119	35	for	for	ADP
fbem-12565	119	36	investment	investment	NOUN
fbem-12565	119	37	to	to	PART
fbem-12565	119	38	reduce	reduce	VERB
fbem-12565	119	39	losses	loss	NOUN
fbem-12565	119	40	.	.	PUNCT
fbem-12565	120	1	references	reference	NOUN
fbem-12565	120	2	[	[	X
fbem-12565	120	3	1	1	NUM
fbem-12565	120	4	]	]	X
fbem-12565	120	5	barko	barko	ADP
fbem-12565	120	6	t.	t.	PROPN
fbem-12565	120	7	cremers	cremers	PROPN
fbem-12565	120	8	m.	m.	PROPN
fbem-12565	120	9	,	,	PUNCT
fbem-12565	120	10	renneboog	renneboog	VERB
fbem-12565	120	11	l	l	PROPN
fbem-12565	120	12	..	..	PUNCT
fbem-12565	120	13	shareholder	shareholder	NOUN
fbem-12565	120	14	engagement	engagement	NOUN
fbem-12565	120	15	on	on	ADP
fbem-12565	120	16	envi⁃ronmental	envi⁃ronmental	ADJ
fbem-12565	120	17	,	,	PUNCT
fbem-12565	120	18	social	social	ADJ
fbem-12565	120	19	,	,	PUNCT
fbem-12565	120	20	and	and	CCONJ
fbem-12565	120	21	governance	governance	NOUN
fbem-12565	120	22	performance［j］.	performance［j］.	NOUN
fbem-12565	120	23	journal	journal	PROPN
fbem-12565	120	24	of	of	ADP
fbem-12565	120	25	business	business	NOUN
fbem-12565	120	26	ethics	ethic	NOUN
fbem-12565	120	27	,	,	PUNCT
fbem-12565	120	28	2021(2	2021(2	NUM
fbem-12565	120	29	):	):	PUNCT
fbem-12565	120	30	1	1	NUM
fbem-12565	120	31	~	~	SYM
fbem-12565	120	32	36	36	NUM
fbem-12565	120	33	.	.	PUNCT
fbem-12565	121	1	[	[	X
fbem-12565	121	2	2	2	NUM
fbem-12565	121	3	]	]	SYM
fbem-12565	121	4	bloom	bloom	NOUN
fbem-12565	121	5	.	.	PUNCT
fbem-12565	122	1	the	the	DET
fbem-12565	122	2	impact	impact	NOUN
fbem-12565	122	3	of	of	ADP
fbem-12565	122	4	uncertainty	uncertainty	NOUN
fbem-12565	122	5	shocks[j	shocks[j	PROPN
fbem-12565	122	6	]	]	PUNCT
fbem-12565	122	7	.	.	PUNCT
fbem-12565	123	1	econometrica	econometrica	PROPN
fbem-12565	123	2	,	,	PUNCT
fbem-12565	123	3	2009	2009	NUM
fbem-12565	123	4	,	,	PUNCT
fbem-12565	123	5	77(3	77(3	NUM
fbem-12565	123	6	)	)	PUNCT
fbem-12565	123	7	.	.	PUNCT
fbem-12565	124	1	[	[	X
fbem-12565	124	2	3	3	X
fbem-12565	124	3	]	]	PUNCT
fbem-12565	124	4	born	bear	VERB
fbem-12565	124	5	,	,	PUNCT
fbem-12565	124	6	b.	b.	PROPN
fbem-12565	124	7	,	,	PUNCT
fbem-12565	124	8	feifer	feifer	VERB
fbem-12565	124	9	j.	j.	PROPN
fbem-12565	124	10	p.	p.	PROPN
fbem-12565	124	11	policy	policy	NOUN
fbem-12565	124	12	risk	risk	NOUN
fbem-12565	124	13	and	and	CCONJ
fbem-12565	124	14	the	the	DET
fbem-12565	124	15	business	business	NOUN
fbem-12565	124	16	cycle[j	cycle[j	NOUN
fbem-12565	124	17	]	]	PUNCT
fbem-12565	124	18	.	.	PUNCT
fbem-12565	125	1	journal	journal	PROPN
fbem-12565	125	2	of	of	ADP
fbem-12565	125	3	monetary	monetary	ADJ
fbem-12565	125	4	economics	economic	NOUN
fbem-12565	125	5	,	,	PUNCT
fbem-12565	125	6	2014	2014	NUM
fbem-12565	125	7	,	,	PUNCT
fbem-12565	125	8	68(11	68(11	NUM
fbem-12565	125	9	):	):	PUNCT
fbem-12565	125	10	68	68	NUM
fbem-12565	125	11	-	-	SYM
fbem-12565	125	12	85	85	NUM
fbem-12565	125	13	.	.	PUNCT
fbem-12565	126	1	[	[	X
fbem-12565	126	2	4	4	NUM
fbem-12565	126	3	]	]	X
fbem-12565	126	4	pastor	pastor	NOUN
fbem-12565	126	5	,	,	PUNCT
fbem-12565	126	6	l.	l.	PROPN
fbem-12565	126	7	,	,	PUNCT
fbem-12565	126	8	and	and	CCONJ
fbem-12565	126	9	p.veronesi	p.veronesi	NOUN
fbem-12565	126	10	,	,	PUNCT
fbem-12565	126	11	2012	2012	NUM
fbem-12565	126	12	,	,	PUNCT
fbem-12565	126	13	“	"	PUNCT
fbem-12565	126	14	uncertainty	uncertainty	NOUN
fbem-12565	126	15	about	about	ADP
fbem-12565	126	16	government	government	NOUN
fbem-12565	126	17	policy	policy	NOUN
fbem-12565	126	18	and	and	CCONJ
fbem-12565	126	19	stock	stock	NOUN
fbem-12565	126	20	prices	price	NOUN
fbem-12565	126	21	”	"	PUNCT
fbem-12565	126	22	,	,	PUNCT
fbem-12565	126	23	journal	journal	NOUN
fbem-12565	126	24	of	of	ADP
fbem-12565	126	25	finance	finance	NOUN
fbem-12565	126	26	,	,	PUNCT
fbem-12565	126	27	67(4	67(4	NUM
fbem-12565	126	28	):	):	PUNCT
fbem-12565	126	29	1219—1264	1219—1264	NUM
fbem-12565	126	30	.	.	PUNCT
fbem-12565	126	31	100	100	NUM
fbem-12565	126	32	[	[	X
fbem-12565	126	33	5	5	NUM
fbem-12565	126	34	]	]	X
fbem-12565	126	35	bernanke	bernanke	PROPN
fbem-12565	126	36	,	,	PUNCT
fbem-12565	126	37	b.	b.	PROPN
fbem-12565	126	38	,	,	PUNCT
fbem-12565	126	39	1983	1983	NUM
fbem-12565	126	40	,	,	PUNCT
fbem-12565	126	41	“	"	PUNCT
fbem-12565	126	42	irreversibility	irreversibility	NOUN
fbem-12565	126	43	,	,	PUNCT
fbem-12565	126	44	uncertainty	uncertainty	NOUN
fbem-12565	126	45	,	,	PUNCT
fbem-12565	126	46	and	and	CCONJ
fbem-12565	126	47	cyclical	cyclical	ADJ
fbem-12565	126	48	investment	investment	NOUN
fbem-12565	126	49	”	"	PUNCT
fbem-12565	126	50	,	,	PUNCT
fbem-12565	126	51	quarterly	quarterly	ADJ
fbem-12565	126	52	journal	journal	NOUN
fbem-12565	126	53	of	of	ADP
fbem-12565	126	54	economics	economic	NOUN
fbem-12565	126	55	,	,	PUNCT
fbem-12565	126	56	98(1):85—106	98(1):85—106	NUM
fbem-12565	126	57	.	.	PUNCT
fbem-12565	127	1	[	[	X
fbem-12565	127	2	6	6	NUM
fbem-12565	127	3	]	]	PUNCT
fbem-12565	127	4	xu	xu	PROPN
fbem-12565	127	5	z.	z.	PROPN
fbem-12565	127	6	economic	economic	ADJ
fbem-12565	127	7	policy	policy	NOUN
fbem-12565	127	8	uncertainty	uncertainty	NOUN
fbem-12565	127	9	,	,	PUNCT
fbem-12565	127	10	cost	cost	NOUN
fbem-12565	127	11	of	of	ADP
fbem-12565	127	12	capital	capital	NOUN
fbem-12565	127	13	,	,	PUNCT
fbem-12565	127	14	and	and	CCONJ
fbem-12565	127	15	corporate	corporate	ADJ
fbem-12565	127	16	innovation[j	innovation[j	PROPN
fbem-12565	127	17	]	]	PUNCT
fbem-12565	127	18	.	.	PUNCT
fbem-12565	128	1	journal	journal	PROPN
fbem-12565	128	2	of	of	ADP
fbem-12565	128	3	banking	banking	NOUN
fbem-12565	128	4	&	&	CCONJ
fbem-12565	128	5	finance	finance	PROPN
fbem-12565	128	6	,	,	PUNCT
fbem-12565	128	7	2020	2020	NUM
fbem-12565	128	8	,	,	PUNCT
fbem-12565	128	9	111	111	NUM
fbem-12565	128	10	:	:	SYM
fbem-12565	128	11	105698	105698	NUM
fbem-12565	128	12	.	.	PUNCT
fbem-12565	129	1	[	[	X
fbem-12565	129	2	7	7	X
fbem-12565	129	3	]	]	X
fbem-12565	129	4	pastor	pastor	NOUN
fbem-12565	129	5	l’ubos	l’ubos	PROPN
fbem-12565	129	6	and	and	CCONJ
fbem-12565	129	7	stambaugh	stambaugh	PROPN
fbem-12565	129	8	robert	robert	PROPN
fbem-12565	129	9	f.	f.	PROPN
fbem-12565	129	10	and	and	CCONJ
fbem-12565	129	11	taylor	taylor	PROPN
fbem-12565	129	12	lucian	lucian	PROPN
fbem-12565	129	13	a	a	PROPN
fbem-12565	129	14	..	..	PUNCT
fbem-12565	129	15	sustainable	sustainable	ADJ
fbem-12565	129	16	investing	investing	NOUN
fbem-12565	129	17	in	in	ADP
fbem-12565	129	18	equilibrium[j	equilibrium[j	PROPN
fbem-12565	129	19	]	]	PUNCT
fbem-12565	129	20	.	.	PUNCT
fbem-12565	130	1	journal	journal	PROPN
fbem-12565	130	2	of	of	ADP
fbem-12565	130	3	business	business	NOUN
fbem-12565	130	4	ethics	ethic	NOUN
fbem-12565	130	5	,	,	PUNCT
fbem-12565	130	6	2004	2004	NUM
fbem-12565	130	7	,	,	PUNCT
fbem-12565	130	8	52(1	52(1	NOUN
fbem-12565	130	9	)	)	PUNCT
fbem-12565	130	10	.	.	PUNCT
fbem-12565	131	1	[	[	X
fbem-12565	131	2	8	8	NUM
fbem-12565	131	3	]	]	X
fbem-12565	131	4	beiting	beite	VERB
fbem-12565	131	5	cheng	cheng	PROPN
fbem-12565	131	6	,	,	PUNCT
fbem-12565	131	7	ioannis	ioannis	PROPN
fbem-12565	131	8	ioannou	ioannou	PROPN
fbem-12565	131	9	,	,	PUNCT
fbem-12565	131	10	george	george	PROPN
fbem-12565	131	11	serafeim	serafeim	PROPN
fbem-12565	131	12	.	.	PUNCT
fbem-12565	132	1	corporate	corporate	ADJ
fbem-12565	132	2	social	social	ADJ
fbem-12565	132	3	responsibility	responsibility	NOUN
fbem-12565	132	4	and	and	CCONJ
fbem-12565	132	5	access	access	NOUN
fbem-12565	132	6	to	to	ADP
fbem-12565	132	7	finance[j	finance[j	NOUN
fbem-12565	132	8	]	]	PUNCT
fbem-12565	132	9	.	.	PUNCT
fbem-12565	133	1	strategic	strategic	ADJ
fbem-12565	133	2	management	management	NOUN
fbem-12565	133	3	journal	journal	NOUN
fbem-12565	133	4	,	,	PUNCT
fbem-12565	133	5	2014	2014	NUM
fbem-12565	133	6	,	,	PUNCT
fbem-12565	133	7	35(1	35(1	NUM
fbem-12565	133	8	)	)	PUNCT
fbem-12565	133	9	.	.	PUNCT
fbem-12565	134	1	[	[	X
fbem-12565	134	2	9	9	NUM
fbem-12565	134	3	]	]	X
fbem-12565	134	4	burke	burke	PROPN
fbem-12565	134	5	j.	j.	PROPN
fbem-12565	134	6	j	j	PROPN
fbem-12565	134	7	..	..	PROPN
fbem-12565	134	8	do	do	AUX
fbem-12565	134	9	boards	board	NOUN
fbem-12565	134	10	take	take	VERB
fbem-12565	134	11	environmental	environmental	ADJ
fbem-12565	134	12	,	,	PUNCT
fbem-12565	134	13	social	social	ADJ
fbem-12565	134	14	,	,	PUNCT
fbem-12565	134	15	and	and	CCONJ
fbem-12565	134	16	governance	governance	NOUN
fbem-12565	134	17	issues	issue	NOUN
fbem-12565	134	18	seriously	seriously	ADV
fbem-12565	134	19	？	？	PUNCT
fbem-12565	134	20	evidence	evidence	NOUN
fbem-12565	134	21	from	from	ADP
fbem-12565	134	22	media	medium	NOUN
fbem-12565	134	23	coverage	coverage	NOUN
fbem-12565	134	24	and	and	CCONJ
fbem-12565	134	25	ceo	ceo	NOUN
fbem-12565	134	26	dismissals［j］.	dismissals［j］.	PROPN
fbem-12565	134	27	journal	journal	PROPN
fbem-12565	134	28	of	of	ADP
fbem-12565	134	29	business	business	NOUN
fbem-12565	134	30	ethics	ethic	NOUN
fbem-12565	134	31	,	,	PUNCT
fbem-12565	134	32	2021(2	2021(2	NUM
fbem-12565	134	33	）	）	NOUN
fbem-12565	134	34	:	:	PUNCT
fbem-12565	134	35	1	1	NUM
fbem-12565	134	36	~	~	SYM
fbem-12565	134	37	25	25	NUM
fbem-12565	134	38	.	.	PUNCT
fbem-12565	135	1	[	[	X
fbem-12565	135	2	10	10	NUM
fbem-12565	135	3	]	]	X
fbem-12565	135	4	duque	duque	ADJ
fbem-12565	135	5	-	-	PUNCT
fbem-12565	135	6	grisales	grisale	NOUN
fbem-12565	135	7	e.	e.	PROPN
fbem-12565	135	8	,	,	PUNCT
fbem-12565	135	9	aguilera	aguilera	NOUN
fbem-12565	135	10	-	-	PUNCT
fbem-12565	135	11	caracuel	caracuel	PROPN
fbem-12565	135	12	j	j	PROPN
fbem-12565	135	13	..	..	PUNCT
fbem-12565	135	14	environmental	environmental	ADJ
fbem-12565	135	15	,	,	PUNCT
fbem-12565	135	16	social	social	ADJ
fbem-12565	135	17	and	and	CCONJ
fbem-12565	135	18	governance(esg	governance(esg	ADJ
fbem-12565	135	19	)	)	PUNCT
fbem-12565	135	20	scores	score	NOUN
fbem-12565	135	21	and	and	CCONJ
fbem-12565	135	22	financial	financial	ADJ
fbem-12565	135	23	performance	performance	NOUN
fbem-12565	135	24	of	of	ADP
fbem-12565	135	25	multilatinas	multilatina	NOUN
fbem-12565	135	26	:	:	PUNCT
fbem-12565	135	27	moderating	moderate	VERB
fbem-12565	135	28	effects	effect	NOUN
fbem-12565	135	29	of	of	ADP
fbem-12565	135	30	geographic	geographic	ADJ
fbem-12565	135	31	international	international	ADJ
fbem-12565	135	32	diversification	diversification	NOUN
fbem-12565	135	33	and	and	CCONJ
fbem-12565	135	34	financial	financial	ADJ
fbem-12565	135	35	slack	slack	NOUN
fbem-12565	136	1	[	[	X
fbem-12565	136	2	j	j	X
fbem-12565	136	3	]	]	X
fbem-12565	136	4	.	.	PUNCT
fbem-12565	137	1	journalof	journalof	ADJ
fbem-12565	137	2	business	business	NOUN
fbem-12565	137	3	ethics	ethic	NOUN
fbem-12565	137	4	,	,	PUNCT
fbem-12565	137	5	2019(2	2019(2	NUM
fbem-12565	137	6	):	):	PUNCT
fbem-12565	137	7	315	315	NUM
fbem-12565	137	8	~	~	SYM
fbem-12565	137	9	334	334	NUM
fbem-12565	137	10	.	.	PUNCT
fbem-12565	138	1	[	[	X
fbem-12565	138	2	11	11	NUM
fbem-12565	138	3	]	]	PUNCT
fbem-12565	138	4	kruger	kruger	PROPN
fbem-12565	138	5	p.	p.	PROPN
fbem-12565	138	6	corporate	corporate	ADJ
fbem-12565	138	7	goodness	goodness	NOUN
fbem-12565	138	8	and	and	CCONJ
fbem-12565	138	9	shareholder	shareholder	NOUN
fbem-12565	138	10	wealth[j	wealth[j	PROPN
fbem-12565	138	11	]	]	PUNCT
fbem-12565	138	12	.	.	PUNCT
fbem-12565	139	1	journal	journal	PROPN
fbem-12565	139	2	of	of	ADP
fbem-12565	139	3	financial	financial	ADJ
fbem-12565	139	4	economics	economic	NOUN
fbem-12565	139	5	,	,	PUNCT
fbem-12565	139	6	2015	2015	NUM
fbem-12565	139	7	,	,	PUNCT
fbem-12565	139	8	115(2	115(2	NUM
fbem-12565	139	9	):	):	PUNCT
fbem-12565	139	10	304	304	NUM
fbem-12565	139	11	-	-	SYM
fbem-12565	139	12	329	329	NUM
fbem-12565	139	13	.	.	PUNCT
fbem-12565	140	1	[	[	X
fbem-12565	140	2	12	12	NUM
fbem-12565	140	3	]	]	PUNCT
fbem-12565	140	4	yonghai	yonghai	PROPN
fbem-12565	140	5	wang	wang	PROPN
fbem-12565	140	6	,	,	PUNCT
fbem-12565	140	7	xiaomin	xiaomin	PROPN
fbem-12565	140	8	hao	hao	PROPN
fbem-12565	140	9	.	.	PUNCT
fbem-12565	141	1	uncertainty	uncertainty	NOUN
fbem-12565	141	2	in	in	ADP
fbem-12565	141	3	economic	economic	ADJ
fbem-12565	141	4	policy	policy	NOUN
fbem-12565	141	5	and	and	CCONJ
fbem-12565	141	6	corporate	corporate	ADJ
fbem-12565	141	7	social	social	ADJ
fbem-12565	141	8	responsibility	responsibility	NOUN
fbem-12565	142	1	[	[	X
fbem-12565	142	2	j	j	X
fbem-12565	142	3	]	]	X
fbem-12565	142	4	.	.	PUNCT
fbem-12565	143	1	management	management	PROPN
fbem-12565	143	2	review	review	NOUN
fbem-12565	143	3	,	,	PUNCT
fbem-12565	143	4	2022	2022	NUM
fbem-12565	143	5	(	(	PUNCT
fbem-12565	143	6	2	2	NUM
fbem-12565	143	7	):	):	PUNCT
fbem-12565	143	8	18	18	NUM
fbem-12565	143	9	~	~	SYM
fbem-12565	143	10	32	32	NUM
fbem-12565	143	11	.	.	PUNCT
fbem-12565	144	1	[	[	X
fbem-12565	144	2	13	13	NUM
fbem-12565	144	3	]	]	PUNCT
fbem-12565	144	4	pingui	pingui	PROPN
fbem-12565	144	5	rao	rao	PROPN
fbem-12565	144	6	,	,	PUNCT
fbem-12565	144	7	heng	heng	PROPN
fbem-12565	144	8	yue	yue	PROPN
fbem-12565	144	9	,	,	PUNCT
fbem-12565	144	10	guohua	guohua	PROPN
fbem-12565	144	11	jiang	jiang	PROPN
fbem-12565	144	12	.	.	PUNCT
fbem-12565	145	1	research	research	NOUN
fbem-12565	145	2	on	on	ADP
fbem-12565	145	3	economic	economic	ADJ
fbem-12565	145	4	policy	policy	NOUN
fbem-12565	145	5	uncertainty	uncertainty	NOUN
fbem-12565	145	6	and	and	CCONJ
fbem-12565	145	7	enterprise	enterprise	NOUN
fbem-12565	145	8	investment	investment	NOUN
fbem-12565	145	9	behavior	behavior	NOUN
fbem-12565	146	1	[	[	X
fbem-12565	146	2	j	j	X
fbem-12565	146	3	]	]	X
fbem-12565	146	4	.	.	PUNCT
fbem-12565	147	1	the	the	DET
fbem-12565	147	2	world	world	NOUN
fbem-12565	147	3	economy	economy	NOUN
fbem-12565	147	4	,	,	PUNCT
fbem-12565	147	5	2017	2017	NUM
fbem-12565	147	6	,	,	PUNCT
fbem-12565	147	7	(	(	PUNCT
fbem-12565	147	8	2	2	NUM
fbem-12565	147	9	):	):	PUNCT
fbem-12565	147	10	27	27	NUM
fbem-12565	147	11	-	-	SYM
fbem-12565	147	12	51	51	NUM
fbem-12565	147	13	.	.	PUNCT
fbem-12565	148	1	[	[	X
fbem-12565	148	2	14	14	NUM
fbem-12565	148	3	]	]	X
fbem-12565	148	4	yuchao	yuchao	PROPN
fbem-12565	148	5	peng	peng	PROPN
fbem-12565	148	6	,	,	PUNCT
fbem-12565	148	7	xun	xun	PROPN
fbem-12565	148	8	han	han	PROPN
fbem-12565	148	9	,	,	PUNCT
fbem-12565	148	10	jianjun	jianjun	PROPN
fbem-12565	148	11	li	li	PROPN
fbem-12565	148	12	.	.	PUNCT
fbem-12565	148	13	economic	economic	ADJ
fbem-12565	148	14	policy	policy	NOUN
fbem-12565	148	15	uncertainty	uncertainty	NOUN
fbem-12565	148	16	and	and	CCONJ
fbem-12565	148	17	the	the	DET
fbem-12565	148	18	financialization	financialization	NOUN
fbem-12565	148	19	of	of	ADP
fbem-12565	148	20	enterprises	enterprise	NOUN
fbem-12565	148	21	[	[	X
fbem-12565	148	22	j	j	X
fbem-12565	148	23	]	]	X
fbem-12565	148	24	.	.	PUNCT
fbem-12565	149	1	china	china	PROPN
fbem-12565	149	2	's	's	PART
fbem-12565	149	3	industrial	industrial	ADJ
fbem-12565	149	4	economy	economy	NOUN
fbem-12565	149	5	,	,	PUNCT
fbem-12565	149	6	2018	2018	NUM
fbem-12565	149	7	(	(	PUNCT
fbem-12565	149	8	1	1	NUM
fbem-12565	149	9	):	):	PUNCT
fbem-12565	149	10	137	137	NUM
fbem-12565	149	11	~	~	SYM
fbem-12565	149	12	155	155	NUM
fbem-12565	149	13	.	.	PUNCT
fbem-12565	150	1	[	[	X
fbem-12565	150	2	15	15	NUM
fbem-12565	150	3	]	]	X
fbem-12565	150	4	yaming	yaming	PROPN
fbem-12565	150	5	gu	gu	PROPN
fbem-12565	150	6	,	,	PUNCT
fbem-12565	150	7	yongmin	yongmin	PROPN
fbem-12565	150	8	chen	chen	PROPN
fbem-12565	150	9	,	,	PUNCT
fbem-12565	150	10	shiyuan	shiyuan	PROPN
fbem-12565	150	11	pan	pan	PROPN
fbem-12565	150	12	.	.	PUNCT
fbem-12565	151	1	economic	economic	ADJ
fbem-12565	151	2	policy	policy	NOUN
fbem-12565	151	3	uncertainty	uncertainty	NOUN
fbem-12565	151	4	and	and	CCONJ
fbem-12565	151	5	innovation	innovation	NOUN
fbem-12565	151	6	—	—	PUNCT
fbem-12565	151	7	—	—	PUNCT
fbem-12565	151	8	is	be	AUX
fbem-12565	151	9	based	base	VERB
fbem-12565	151	10	on	on	ADP
fbem-12565	151	11	the	the	DET
fbem-12565	151	12	empirical	empirical	ADJ
fbem-12565	151	13	analysis	analysis	NOUN
fbem-12565	151	14	of	of	ADP
fbem-12565	151	15	listed	list	VERB
fbem-12565	151	16	companies	company	NOUN
fbem-12565	151	17	in	in	ADP
fbem-12565	151	18	china	china	PROPN
fbem-12565	152	1	[	[	X
fbem-12565	152	2	j	j	X
fbem-12565	152	3	]	]	X
fbem-12565	152	4	.	.	PUNCT
fbem-12565	153	1	economic	economic	ADJ
fbem-12565	153	2	research	research	NOUN
fbem-12565	153	3	,	,	PUNCT
fbem-12565	153	4	2018,53	2018,53	PROPN
fbem-12565	153	5	(	(	PUNCT
fbem-12565	153	6	02	02	NUM
fbem-12565	153	7	):	):	PUNCT
fbem-12565	153	8	109	109	NUM
fbem-12565	153	9	-	-	SYM
fbem-12565	153	10	123	123	NUM
fbem-12565	153	11	.	.	PUNCT
fbem-12565	154	1	[	[	X
fbem-12565	154	2	16	16	NUM
fbem-12565	154	3	]	]	X
fbem-12565	154	4	jifu	jifu	PROPN
fbem-12565	154	5	qiu	qiu	PROPN
fbem-12565	154	6	,	,	PUNCT
fbem-12565	154	7	huilan	huilan	PROPN
fbem-12565	154	8	xie	xie	PROPN
fbem-12565	154	9	,	,	PUNCT
fbem-12565	154	10	and	and	CCONJ
fbem-12565	154	11	yihui	yihui	PROPN
fbem-12565	154	12	chen	chen	PROPN
fbem-12565	154	13	.	.	PUNCT
fbem-12565	155	1	can	can	AUX
fbem-12565	155	2	the	the	DET
fbem-12565	155	3	economic	economic	ADJ
fbem-12565	155	4	policy	policy	NOUN
fbem-12565	155	5	uncertainty	uncertainty	NOUN
fbem-12565	155	6	affect	affect	VERB
fbem-12565	155	7	the	the	DET
fbem-12565	155	8	voluntary	voluntary	ADJ
fbem-12565	155	9	social	social	ADJ
fbem-12565	155	10	responsibility	responsibility	NOUN
fbem-12565	155	11	information	information	NOUN
fbem-12565	155	12	disclosure	disclosure	NOUN
fbem-12565	155	13	of	of	ADP
fbem-12565	155	14	enterprises	enterprise	NOUN
fbem-12565	155	15	[	[	X
fbem-12565	155	16	j	j	X
fbem-12565	155	17	]	]	X
fbem-12565	155	18	.	.	PUNCT
fbem-12565	156	1	monthly	monthly	ADJ
fbem-12565	156	2	accounting	accounting	NOUN
fbem-12565	156	3	,	,	PUNCT
fbem-12565	156	4	2019	2019	NUM
fbem-12565	156	5	(	(	PUNCT
fbem-12565	156	6	16	16	NUM
fbem-12565	156	7	):	):	PUNCT
fbem-12565	156	8	150	150	NUM
fbem-12565	156	9	~	~	SYM
fbem-12565	156	10	159	159	NUM
fbem-12565	156	11	.	.	PUNCT
fbem-12565	157	1	[	[	X
fbem-12565	157	2	17	17	NUM
fbem-12565	157	3	]	]	X
fbem-12565	157	4	zhibin	zhibin	PROPN
fbem-12565	157	5	li	li	PROPN
fbem-12565	157	6	,	,	PUNCT
fbem-12565	157	7	yumeng	yumeng	PROPN
fbem-12565	157	8	shao	shao	PROPN
fbem-12565	157	9	,	,	PUNCT
fbem-12565	157	10	zongze	zongze	PROPN
fbem-12565	157	11	li	li	PROPN
fbem-12565	157	12	,	,	PUNCT
fbem-12565	157	13	etc	etc	X
fbem-12565	157	14	.	.	X
fbem-12565	157	15	esg	esg	PROPN
fbem-12565	157	16	information	information	PROPN
fbem-12565	157	17	disclosure	disclosure	NOUN
fbem-12565	157	18	,	,	PUNCT
fbem-12565	157	19	media	medium	NOUN
fbem-12565	157	20	supervision	supervision	NOUN
fbem-12565	157	21	,	,	PUNCT
fbem-12565	157	22	and	and	CCONJ
fbem-12565	157	23	corporate	corporate	ADJ
fbem-12565	157	24	financing	financing	NOUN
fbem-12565	157	25	constraints	constraint	NOUN
fbem-12565	157	26	[	[	X
fbem-12565	157	27	j	j	X
fbem-12565	157	28	]	]	X
fbem-12565	157	29	.	.	PUNCT
fbem-12565	158	1	scientific	scientific	ADJ
fbem-12565	158	2	decision	decision	NOUN
fbem-12565	158	3	-	-	PUNCT
fbem-12565	158	4	making	making	NOUN
fbem-12565	158	5	,	,	PUNCT
fbem-12565	158	6	2022	2022	NUM
fbem-12565	158	7	,	,	PUNCT
fbem-12565	158	8	no.300	no.300	PROPN
fbem-12565	158	9	(	(	PUNCT
fbem-12565	158	10	07	07	NUM
fbem-12565	158	11	):	):	PUNCT
fbem-12565	158	12	1	1	NUM
fbem-12565	158	13	-	-	SYM
fbem-12565	158	14	26	26	NUM
fbem-12565	158	15	.	.	PUNCT