id	sid	tid	token	lemma	pos
fbem-13203	1	1	frontiers	frontier	NOUN
fbem-13203	1	2	in	in	ADP
fbem-13203	1	3	business	business	NOUN
fbem-13203	1	4	,	,	PUNCT
fbem-13203	1	5	economics	economic	NOUN
fbem-13203	1	6	and	and	CCONJ
fbem-13203	1	7	management	management	NOUN
fbem-13203	1	8	issn	issn	PROPN
fbem-13203	1	9	:	:	PUNCT
fbem-13203	1	10	2766	2766	NUM
fbem-13203	1	11	-	-	PUNCT
fbem-13203	1	12	824x	824x	NUM
fbem-13203	1	13	|	|	ADJ
fbem-13203	1	14	vol	vol	NOUN
fbem-13203	1	15	.	.	PUNCT
fbem-13203	2	1	11	11	NUM
fbem-13203	2	2	,	,	PUNCT
fbem-13203	2	3	no	no	INTJ
fbem-13203	2	4	.	.	NOUN
fbem-13203	2	5	3	3	NUM
fbem-13203	2	6	,	,	PUNCT
fbem-13203	2	7	2023	2023	NUM
fbem-13203	2	8	130	130	NUM
fbem-13203	2	9	research	research	NOUN
fbem-13203	2	10	on	on	ADP
fbem-13203	2	11	the	the	DET
fbem-13203	2	12	quality	quality	NOUN
fbem-13203	2	13	of	of	ADP
fbem-13203	2	14	accounting	accounting	NOUN
fbem-13203	2	15	information	information	NOUN
fbem-13203	2	16	disclosure	disclosure	NOUN
fbem-13203	2	17	by	by	ADP
fbem-13203	2	18	listed	list	VERB
fbem-13203	2	19	companies	company	NOUN
fbem-13203	2	20	under	under	ADP
fbem-13203	2	21	the	the	DET
fbem-13203	2	22	new	new	ADJ
fbem-13203	2	23	“	"	PUNCT
fbem-13203	2	24	securities	security	NOUN
fbem-13203	2	25	law	law	NOUN
fbem-13203	2	26	”	"	PUNCT
fbem-13203	2	27	zhenyu	zhenyu	PROPN
fbem-13203	2	28	liu1	liu1	PROPN
fbem-13203	2	29	,	,	PUNCT
fbem-13203	2	30	a	a	DET
fbem-13203	2	31	1wenzhou	1wenzhou	NUM
fbem-13203	2	32	-	-	PUNCT
fbem-13203	2	33	kean	kean	PROPN
fbem-13203	2	34	university	university	PROPN
fbem-13203	2	35	,	,	PUNCT
fbem-13203	2	36	wenzhou	wenzhou	PROPN
fbem-13203	2	37	,	,	PUNCT
fbem-13203	2	38	325060	325060	NUM
fbem-13203	2	39	,	,	PUNCT
fbem-13203	2	40	china	china	PROPN
fbem-13203	2	41	aliuzheny@kean.edu	aliuzheny@kean.edu	PROPN
fbem-13203	3	1	abstract	abstract	PROPN
fbem-13203	3	2	:	:	PUNCT
fbem-13203	3	3	the	the	DET
fbem-13203	3	4	“	"	PUNCT
fbem-13203	3	5	securities	security	NOUN
fbem-13203	3	6	law	law	NOUN
fbem-13203	3	7	”	"	PUNCT
fbem-13203	3	8	serves	serve	VERB
fbem-13203	3	9	as	as	ADP
fbem-13203	3	10	the	the	DET
fbem-13203	3	11	fundamental	fundamental	ADJ
fbem-13203	3	12	law	law	NOUN
fbem-13203	3	13	governing	govern	VERB
fbem-13203	3	14	the	the	DET
fbem-13203	3	15	market	market	NOUN
fbem-13203	3	16	,	,	PUNCT
fbem-13203	3	17	which	which	PRON
fbem-13203	3	18	influences	influence	VERB
fbem-13203	3	19	and	and	CCONJ
fbem-13203	3	20	regulates	regulate	VERB
fbem-13203	3	21	the	the	DET
fbem-13203	3	22	orderly	orderly	ADJ
fbem-13203	3	23	development	development	NOUN
fbem-13203	3	24	of	of	ADP
fbem-13203	3	25	the	the	DET
fbem-13203	3	26	capital	capital	NOUN
fbem-13203	3	27	market	market	NOUN
fbem-13203	3	28	.	.	PUNCT
fbem-13203	4	1	the	the	DET
fbem-13203	4	2	revised	revised	ADJ
fbem-13203	4	3	“	"	PUNCT
fbem-13203	4	4	securities	security	NOUN
fbem-13203	4	5	law	law	NOUN
fbem-13203	4	6	”	"	PUNCT
fbem-13203	4	7	,	,	PUNCT
fbem-13203	4	8	officially	officially	ADV
fbem-13203	4	9	coming	come	VERB
fbem-13203	4	10	into	into	ADP
fbem-13203	4	11	effect	effect	NOUN
fbem-13203	4	12	in	in	ADP
fbem-13203	4	13	march	march	PROPN
fbem-13203	4	14	2020	2020	NUM
fbem-13203	4	15	,	,	PUNCT
fbem-13203	4	16	has	have	AUX
fbem-13203	4	17	introduced	introduce	VERB
fbem-13203	4	18	more	more	ADV
fbem-13203	4	19	detailed	detailed	ADJ
fbem-13203	4	20	provisions	provision	NOUN
fbem-13203	4	21	on	on	ADP
fbem-13203	4	22	the	the	DET
fbem-13203	4	23	disclosure	disclosure	NOUN
fbem-13203	4	24	of	of	ADP
fbem-13203	4	25	corporate	corporate	ADJ
fbem-13203	4	26	accounting	accounting	NOUN
fbem-13203	4	27	information	information	NOUN
fbem-13203	4	28	,	,	PUNCT
fbem-13203	4	29	explicitly	explicitly	ADV
fbem-13203	4	30	outlining	outline	VERB
fbem-13203	4	31	the	the	DET
fbem-13203	4	32	requirements	requirement	NOUN
fbem-13203	4	33	for	for	ADP
fbem-13203	4	34	accounting	accounting	NOUN
fbem-13203	4	35	information	information	NOUN
fbem-13203	4	36	disclosure	disclosure	NOUN
fbem-13203	4	37	,	,	PUNCT
fbem-13203	4	38	and	and	CCONJ
fbem-13203	4	39	expanding	expand	VERB
fbem-13203	4	40	the	the	DET
fbem-13203	4	41	definition	definition	NOUN
fbem-13203	4	42	of	of	ADP
fbem-13203	4	43	“	"	PUNCT
fbem-13203	4	44	significant	significant	ADJ
fbem-13203	4	45	events	event	NOUN
fbem-13203	4	46	”	"	PUNCT
fbem-13203	4	47	.	.	PUNCT
fbem-13203	5	1	it	it	PRON
fbem-13203	5	2	has	have	AUX
fbem-13203	5	3	increased	increase	VERB
fbem-13203	5	4	the	the	DET
fbem-13203	5	5	penalties	penalty	NOUN
fbem-13203	5	6	for	for	ADP
fbem-13203	5	7	the	the	DET
fbem-13203	5	8	management	management	NOUN
fbem-13203	5	9	of	of	ADP
fbem-13203	5	10	listed	list	VERB
fbem-13203	5	11	companies	company	NOUN
fbem-13203	5	12	and	and	CCONJ
fbem-13203	5	13	further	far	ADV
fbem-13203	5	14	regulated	regulate	VERB
fbem-13203	5	15	the	the	DET
fbem-13203	5	16	healthy	healthy	ADJ
fbem-13203	5	17	and	and	CCONJ
fbem-13203	5	18	orderly	orderly	ADJ
fbem-13203	5	19	development	development	NOUN
fbem-13203	5	20	of	of	ADP
fbem-13203	5	21	the	the	DET
fbem-13203	5	22	capital	capital	NOUN
fbem-13203	5	23	market	market	NOUN
fbem-13203	5	24	.	.	PUNCT
fbem-13203	6	1	by	by	ADP
fbem-13203	6	2	comparing	compare	VERB
fbem-13203	6	3	the	the	DET
fbem-13203	6	4	disclosure	disclosure	NOUN
fbem-13203	6	5	of	of	ADP
fbem-13203	6	6	corporate	corporate	ADJ
fbem-13203	6	7	accounting	accounting	NOUN
fbem-13203	6	8	information	information	NOUN
fbem-13203	6	9	and	and	CCONJ
fbem-13203	6	10	penalties	penalty	NOUN
fbem-13203	6	11	during	during	ADP
fbem-13203	6	12	the	the	DET
fbem-13203	6	13	implementation	implementation	NOUN
fbem-13203	6	14	period	period	NOUN
fbem-13203	6	15	of	of	ADP
fbem-13203	6	16	the	the	DET
fbem-13203	6	17	original	original	ADJ
fbem-13203	6	18	law	law	NOUN
fbem-13203	6	19	,	,	PUNCT
fbem-13203	6	20	this	this	DET
fbem-13203	6	21	study	study	NOUN
fbem-13203	6	22	aims	aim	VERB
fbem-13203	6	23	to	to	PART
fbem-13203	6	24	clarify	clarify	VERB
fbem-13203	6	25	the	the	DET
fbem-13203	6	26	superiority	superiority	NOUN
fbem-13203	6	27	of	of	ADP
fbem-13203	6	28	the	the	DET
fbem-13203	6	29	new	new	ADJ
fbem-13203	6	30	“	"	PUNCT
fbem-13203	6	31	securities	security	NOUN
fbem-13203	6	32	law	law	NOUN
fbem-13203	6	33	”	"	PUNCT
fbem-13203	6	34	in	in	ADP
fbem-13203	6	35	terms	term	NOUN
fbem-13203	6	36	of	of	ADP
fbem-13203	6	37	the	the	DET
fbem-13203	6	38	authenticity	authenticity	NOUN
fbem-13203	6	39	,	,	PUNCT
fbem-13203	6	40	speed	speed	NOUN
fbem-13203	6	41	,	,	PUNCT
fbem-13203	6	42	and	and	CCONJ
fbem-13203	6	43	quality	quality	NOUN
fbem-13203	6	44	of	of	ADP
fbem-13203	6	45	information	information	NOUN
fbem-13203	6	46	disclosure	disclosure	NOUN
fbem-13203	6	47	by	by	ADP
fbem-13203	6	48	listed	list	VERB
fbem-13203	6	49	companies	company	NOUN
fbem-13203	6	50	.	.	PUNCT
fbem-13203	7	1	keywords	keyword	NOUN
fbem-13203	7	2	:	:	PUNCT
fbem-13203	7	3	new	new	ADJ
fbem-13203	7	4	“	"	PUNCT
fbem-13203	7	5	securities	security	NOUN
fbem-13203	7	6	law	law	NOUN
fbem-13203	7	7	”	"	PUNCT
fbem-13203	7	8	,	,	PUNCT
fbem-13203	7	9	listed	list	VERB
fbem-13203	7	10	companies	company	NOUN
fbem-13203	7	11	,	,	PUNCT
fbem-13203	7	12	information	information	NOUN
fbem-13203	7	13	disclosure	disclosure	NOUN
fbem-13203	7	14	.	.	PUNCT
fbem-13203	8	1	1	1	X
fbem-13203	8	2	.	.	X
fbem-13203	8	3	literature	literature	NOUN
fbem-13203	8	4	review	review	VERB
fbem-13203	8	5	accounting	accounting	NOUN
fbem-13203	8	6	information	information	NOUN
fbem-13203	8	7	disclosure	disclosure	NOUN
fbem-13203	8	8	by	by	ADP
fbem-13203	8	9	chinese	chinese	ADJ
fbem-13203	8	10	enterprises	enterprise	NOUN
fbem-13203	8	11	has	have	AUX
fbem-13203	8	12	long	long	ADV
fbem-13203	8	13	been	be	AUX
fbem-13203	8	14	plagued	plague	VERB
fbem-13203	8	15	by	by	ADP
fbem-13203	8	16	issues	issue	NOUN
fbem-13203	8	17	such	such	ADJ
fbem-13203	8	18	as	as	ADP
fbem-13203	8	19	concealment	concealment	NOUN
fbem-13203	8	20	,	,	PUNCT
fbem-13203	8	21	exaggeration	exaggeration	NOUN
fbem-13203	8	22	,	,	PUNCT
fbem-13203	8	23	and	and	CCONJ
fbem-13203	8	24	falsehood	falsehood	NOUN
fbem-13203	8	25	.	.	PUNCT
fbem-13203	9	1	these	these	DET
fbem-13203	9	2	problems	problem	NOUN
fbem-13203	9	3	not	not	PART
fbem-13203	9	4	only	only	ADV
fbem-13203	9	5	undermine	undermine	VERB
fbem-13203	9	6	fair	fair	ADJ
fbem-13203	9	7	competition	competition	NOUN
fbem-13203	9	8	among	among	ADP
fbem-13203	9	9	enterprises	enterprise	NOUN
fbem-13203	9	10	in	in	ADP
fbem-13203	9	11	the	the	DET
fbem-13203	9	12	market	market	NOUN
fbem-13203	9	13	but	but	CCONJ
fbem-13203	9	14	also	also	ADV
fbem-13203	9	15	mislead	mislead	VERB
fbem-13203	9	16	consumers	consumer	NOUN
fbem-13203	9	17	,	,	PUNCT
fbem-13203	9	18	thereby	thereby	ADV
fbem-13203	9	19	affecting	affect	VERB
fbem-13203	9	20	consumers	consumer	NOUN
fbem-13203	9	21	’	'	PUNCT
fbem-13203	9	22	confidence	confidence	NOUN
fbem-13203	9	23	in	in	ADP
fbem-13203	9	24	investment	investment	NOUN
fbem-13203	9	25	and	and	CCONJ
fbem-13203	9	26	hindering	hinder	VERB
fbem-13203	9	27	normal	normal	ADJ
fbem-13203	9	28	course	course	NOUN
fbem-13203	9	29	of	of	ADP
fbem-13203	9	30	business	business	NOUN
fbem-13203	9	31	financing	financing	NOUN
fbem-13203	9	32	.	.	PUNCT
fbem-13203	10	1	the	the	DET
fbem-13203	10	2	new	new	ADJ
fbem-13203	10	3	“	"	PUNCT
fbem-13203	10	4	securities	security	NOUN
fbem-13203	10	5	law	law	NOUN
fbem-13203	10	6	”	"	PUNCT
fbem-13203	10	7	implemented	implement	VERB
fbem-13203	10	8	in	in	ADP
fbem-13203	10	9	china	china	PROPN
fbem-13203	10	10	in	in	ADP
fbem-13203	10	11	march	march	PROPN
fbem-13203	10	12	2020	2020	NUM
fbem-13203	10	13	has	have	AUX
fbem-13203	10	14	introduced	introduce	VERB
fbem-13203	10	15	stricter	strict	ADJ
fbem-13203	10	16	and	and	CCONJ
fbem-13203	10	17	more	more	ADV
fbem-13203	10	18	comprehensive	comprehensive	ADJ
fbem-13203	10	19	regulations	regulation	NOUN
fbem-13203	10	20	on	on	ADP
fbem-13203	10	21	corporate	corporate	ADJ
fbem-13203	10	22	information	information	NOUN
fbem-13203	10	23	disclosure	disclosure	NOUN
fbem-13203	10	24	,	,	PUNCT
fbem-13203	10	25	which	which	PRON
fbem-13203	10	26	to	to	ADP
fbem-13203	10	27	some	some	DET
fbem-13203	10	28	extent	extent	NOUN
fbem-13203	10	29	has	have	AUX
fbem-13203	10	30	improved	improve	VERB
fbem-13203	10	31	the	the	DET
fbem-13203	10	32	quality	quality	NOUN
fbem-13203	10	33	of	of	ADP
fbem-13203	10	34	corporate	corporate	ADJ
fbem-13203	10	35	information	information	NOUN
fbem-13203	10	36	disclosure	disclosure	NOUN
fbem-13203	10	37	and	and	CCONJ
fbem-13203	10	38	enhanced	enhance	VERB
fbem-13203	10	39	the	the	DET
fbem-13203	10	40	investment	investment	NOUN
fbem-13203	10	41	environment	environment	NOUN
fbem-13203	10	42	for	for	ADP
fbem-13203	10	43	investors	investor	NOUN
fbem-13203	10	44	.	.	PUNCT
fbem-13203	11	1	before	before	ADP
fbem-13203	11	2	the	the	DET
fbem-13203	11	3	introduction	introduction	NOUN
fbem-13203	11	4	of	of	ADP
fbem-13203	11	5	the	the	DET
fbem-13203	11	6	new	new	ADJ
fbem-13203	11	7	“	"	PUNCT
fbem-13203	11	8	securities	security	NOUN
fbem-13203	11	9	law	law	NOUN
fbem-13203	11	10	”	"	PUNCT
fbem-13203	11	11	,	,	PUNCT
fbem-13203	11	12	many	many	ADJ
fbem-13203	11	13	chinese	chinese	ADJ
fbem-13203	11	14	enterprises	enterprise	NOUN
fbem-13203	11	15	had	have	VERB
fbem-13203	11	16	varying	vary	VERB
fbem-13203	11	17	degrees	degree	NOUN
fbem-13203	11	18	of	of	ADP
fbem-13203	11	19	deficiencies	deficiency	NOUN
fbem-13203	11	20	in	in	ADP
fbem-13203	11	21	information	information	NOUN
fbem-13203	11	22	disclosure	disclosure	NOUN
fbem-13203	11	23	,	,	PUNCT
fbem-13203	11	24	with	with	ADP
fbem-13203	11	25	low	low	ADJ
fbem-13203	11	26	quality	quality	NOUN
fbem-13203	11	27	and	and	CCONJ
fbem-13203	11	28	small	small	ADJ
fbem-13203	11	29	-	-	PUNCT
fbem-13203	11	30	scale	scale	NOUN
fbem-13203	11	31	disclosure	disclosure	NOUN
fbem-13203	11	32	.	.	PUNCT
fbem-13203	12	1	according	accord	VERB
fbem-13203	12	2	to	to	ADP
fbem-13203	12	3	the	the	DET
fbem-13203	12	4	china	china	PROPN
fbem-13203	12	5	securities	securities	PROPN
fbem-13203	12	6	regulatory	regulatory	PROPN
fbem-13203	12	7	commission	commission	PROPN
fbem-13203	12	8	(	(	PUNCT
fbem-13203	12	9	csrc	csrc	PROPN
fbem-13203	12	10	)	)	PUNCT
fbem-13203	12	11	,	,	PUNCT
fbem-13203	12	12	the	the	DET
fbem-13203	12	13	information	information	NOUN
fbem-13203	12	14	disclosure	disclosure	NOUN
fbem-13203	12	15	rate	rate	NOUN
fbem-13203	12	16	was	be	AUX
fbem-13203	12	17	only	only	ADV
fbem-13203	12	18	5	5	NUM
fbem-13203	12	19	%	%	NOUN
fbem-13203	12	20	,	,	PUNCT
fbem-13203	12	21	far	far	ADV
fbem-13203	12	22	below	below	ADP
fbem-13203	12	23	the	the	DET
fbem-13203	12	24	international	international	ADJ
fbem-13203	12	25	average	average	ADJ
fbem-13203	12	26	standard	standard	NOUN
fbem-13203	12	27	,	,	PUNCT
fbem-13203	12	28	underscoring	underscore	VERB
fbem-13203	12	29	the	the	DET
fbem-13203	12	30	pressing	press	VERB
fbem-13203	12	31	need	need	NOUN
fbem-13203	12	32	for	for	ADP
fbem-13203	12	33	improvement	improvement	NOUN
fbem-13203	12	34	[	[	X
fbem-13203	12	35	1	1	NUM
fbem-13203	12	36	]	]	PUNCT
fbem-13203	12	37	.	.	PUNCT
fbem-13203	13	1	the	the	DET
fbem-13203	13	2	quality	quality	NOUN
fbem-13203	13	3	of	of	ADP
fbem-13203	13	4	information	information	NOUN
fbem-13203	13	5	disclosure	disclosure	NOUN
fbem-13203	13	6	by	by	ADP
fbem-13203	13	7	listed	list	VERB
fbem-13203	13	8	companies	company	NOUN
fbem-13203	13	9	directly	directly	ADV
fbem-13203	13	10	affects	affect	VERB
fbem-13203	13	11	the	the	DET
fbem-13203	13	12	orderly	orderly	ADJ
fbem-13203	13	13	development	development	NOUN
fbem-13203	13	14	of	of	ADP
fbem-13203	13	15	the	the	DET
fbem-13203	13	16	capital	capital	NOUN
fbem-13203	13	17	market	market	NOUN
fbem-13203	13	18	.	.	PUNCT
fbem-13203	14	1	with	with	ADP
fbem-13203	14	2	an	an	DET
fbem-13203	14	3	increasing	increase	VERB
fbem-13203	14	4	number	number	NOUN
fbem-13203	14	5	of	of	ADP
fbem-13203	14	6	market	market	NOUN
fbem-13203	14	7	participants	participant	NOUN
fbem-13203	14	8	,	,	PUNCT
fbem-13203	14	9	the	the	DET
fbem-13203	14	10	market	market	NOUN
fbem-13203	14	11	and	and	CCONJ
fbem-13203	14	12	investors	investor	NOUN
fbem-13203	14	13	have	have	VERB
fbem-13203	14	14	higher	high	ADJ
fbem-13203	14	15	expectations	expectation	NOUN
fbem-13203	14	16	for	for	ADP
fbem-13203	14	17	the	the	DET
fbem-13203	14	18	quality	quality	NOUN
fbem-13203	14	19	and	and	CCONJ
fbem-13203	14	20	transparency	transparency	NOUN
fbem-13203	14	21	of	of	ADP
fbem-13203	14	22	information	information	NOUN
fbem-13203	14	23	provided	provide	VERB
fbem-13203	14	24	by	by	ADP
fbem-13203	14	25	listed	list	VERB
fbem-13203	14	26	companies	company	NOUN
fbem-13203	14	27	.	.	PUNCT
fbem-13203	15	1	on	on	ADP
fbem-13203	15	2	march	march	PROPN
fbem-13203	15	3	1	1	NUM
fbem-13203	15	4	,	,	PUNCT
fbem-13203	15	5	2020	2020	NUM
fbem-13203	15	6	,	,	PUNCT
fbem-13203	15	7	with	with	ADP
fbem-13203	15	8	the	the	DET
fbem-13203	15	9	formal	formal	ADJ
fbem-13203	15	10	implementation	implementation	NOUN
fbem-13203	15	11	of	of	ADP
fbem-13203	15	12	the	the	DET
fbem-13203	15	13	new	new	ADJ
fbem-13203	15	14	“	"	PUNCT
fbem-13203	15	15	securities	security	NOUN
fbem-13203	15	16	law	law	NOUN
fbem-13203	15	17	”	"	PUNCT
fbem-13203	15	18	,	,	PUNCT
fbem-13203	15	19	a	a	DET
fbem-13203	15	20	dedicated	dedicated	ADJ
fbem-13203	15	21	chapter	chapter	NOUN
fbem-13203	15	22	was	be	AUX
fbem-13203	15	23	established	establish	VERB
fbem-13203	15	24	to	to	PART
fbem-13203	15	25	further	far	ADV
fbem-13203	15	26	refine	refine	VERB
fbem-13203	15	27	the	the	DET
fbem-13203	15	28	information	information	NOUN
fbem-13203	15	29	disclosure	disclosure	NOUN
fbem-13203	15	30	system	system	NOUN
fbem-13203	15	31	,	,	PUNCT
fbem-13203	15	32	creating	create	VERB
fbem-13203	15	33	a	a	DET
fbem-13203	15	34	new	new	ADJ
fbem-13203	15	35	standardized	standardized	ADJ
fbem-13203	15	36	model	model	NOUN
fbem-13203	15	37	for	for	ADP
fbem-13203	15	38	listed	list	VERB
fbem-13203	15	39	company	company	NOUN
fbem-13203	15	40	information	information	NOUN
fbem-13203	15	41	disclosure	disclosure	NOUN
fbem-13203	15	42	system	system	NOUN
fbem-13203	15	43	.	.	PUNCT
fbem-13203	16	1	this	this	DET
fbem-13203	16	2	new	new	ADJ
fbem-13203	16	3	model	model	NOUN
fbem-13203	16	4	mainly	mainly	ADV
fbem-13203	16	5	combines	combine	VERB
fbem-13203	16	6	aspects	aspect	NOUN
fbem-13203	16	7	such	such	ADJ
fbem-13203	16	8	as	as	ADP
fbem-13203	16	9	the	the	DET
fbem-13203	16	10	scale	scale	NOUN
fbem-13203	16	11	of	of	ADP
fbem-13203	16	12	information	information	NOUN
fbem-13203	16	13	disclosure	disclosure	NOUN
fbem-13203	16	14	,	,	PUNCT
fbem-13203	16	15	the	the	DET
fbem-13203	16	16	intensity	intensity	NOUN
fbem-13203	16	17	of	of	ADP
fbem-13203	16	18	the	the	DET
fbem-13203	16	19	severity	severity	NOUN
fbem-13203	16	20	of	of	ADP
fbem-13203	16	21	penalties	penalty	NOUN
fbem-13203	16	22	for	for	ADP
fbem-13203	16	23	violations	violation	NOUN
fbem-13203	16	24	,	,	PUNCT
fbem-13203	16	25	and	and	CCONJ
fbem-13203	16	26	the	the	DET
fbem-13203	16	27	regulation	regulation	NOUN
fbem-13203	16	28	of	of	ADP
fbem-13203	16	29	external	external	ADJ
fbem-13203	16	30	intermediary	intermediary	ADJ
fbem-13203	16	31	agencies	agency	NOUN
fbem-13203	16	32	.	.	PUNCT
fbem-13203	17	1	it	it	PRON
fbem-13203	17	2	further	far	ADV
fbem-13203	17	3	reinforces	reinforce	VERB
fbem-13203	17	4	the	the	DET
fbem-13203	17	5	decisive	decisive	ADJ
fbem-13203	17	6	roles	role	NOUN
fbem-13203	17	7	of	of	ADP
fbem-13203	17	8	corporate	corporate	ADJ
fbem-13203	17	9	supervisors	supervisor	NOUN
fbem-13203	17	10	,	,	PUNCT
fbem-13203	17	11	directors	director	NOUN
fbem-13203	17	12	,	,	PUNCT
fbem-13203	17	13	and	and	CCONJ
fbem-13203	17	14	controlling	control	VERB
fbem-13203	17	15	shareholders	shareholder	NOUN
fbem-13203	17	16	in	in	ADP
fbem-13203	17	17	information	information	NOUN
fbem-13203	17	18	disclosure	disclosure	NOUN
fbem-13203	17	19	,	,	PUNCT
fbem-13203	17	20	completing	complete	VERB
fbem-13203	17	21	the	the	DET
fbem-13203	17	22	integration	integration	NOUN
fbem-13203	17	23	of	of	ADP
fbem-13203	17	24	the	the	DET
fbem-13203	17	25	information	information	NOUN
fbem-13203	17	26	disclosure	disclosure	NOUN
fbem-13203	17	27	system	system	NOUN
fbem-13203	17	28	for	for	ADP
fbem-13203	17	29	listed	list	VERB
fbem-13203	17	30	companies	company	NOUN
fbem-13203	17	31	.	.	PUNCT
fbem-13203	18	1	this	this	DET
fbem-13203	18	2	paper	paper	NOUN
fbem-13203	18	3	will	will	AUX
fbem-13203	18	4	focus	focus	VERB
fbem-13203	18	5	on	on	ADP
fbem-13203	18	6	discussing	discuss	VERB
fbem-13203	18	7	the	the	DET
fbem-13203	18	8	reforms	reform	NOUN
fbem-13203	18	9	introduced	introduce	VERB
fbem-13203	18	10	by	by	ADP
fbem-13203	18	11	the	the	DET
fbem-13203	18	12	new	new	ADJ
fbem-13203	18	13	“	"	PUNCT
fbem-13203	18	14	securities	security	NOUN
fbem-13203	18	15	law	law	NOUN
fbem-13203	18	16	”	"	PUNCT
fbem-13203	18	17	and	and	CCONJ
fbem-13203	18	18	employ	employ	VERB
fbem-13203	18	19	mathematical	mathematical	ADJ
fbem-13203	18	20	models	model	NOUN
fbem-13203	18	21	to	to	PART
fbem-13203	18	22	illustrate	illustrate	VERB
fbem-13203	18	23	the	the	DET
fbem-13203	18	24	impact	impact	NOUN
fbem-13203	18	25	of	of	ADP
fbem-13203	18	26	the	the	DET
fbem-13203	18	27	new	new	ADJ
fbem-13203	18	28	“	"	PUNCT
fbem-13203	18	29	securities	security	NOUN
fbem-13203	18	30	law	law	NOUN
fbem-13203	18	31	”	"	PUNCT
fbem-13203	18	32	on	on	ADP
fbem-13203	18	33	the	the	DET
fbem-13203	18	34	quality	quality	NOUN
fbem-13203	18	35	of	of	ADP
fbem-13203	18	36	accounting	accounting	NOUN
fbem-13203	18	37	information	information	NOUN
fbem-13203	18	38	disclosure	disclosure	NOUN
fbem-13203	18	39	.	.	PUNCT
fbem-13203	19	1	2	2	X
fbem-13203	19	2	.	.	X
fbem-13203	19	3	a	a	DET
fbem-13203	19	4	comparative	comparative	ADJ
fbem-13203	19	5	analysis	analysis	NOUN
fbem-13203	19	6	of	of	ADP
fbem-13203	19	7	the	the	DET
fbem-13203	19	8	old	old	ADJ
fbem-13203	19	9	and	and	CCONJ
fbem-13203	19	10	new	new	ADJ
fbem-13203	19	11	“	"	PUNCT
fbem-13203	19	12	securities	security	NOUN
fbem-13203	19	13	law	law	NOUN
fbem-13203	19	14	”	"	PUNCT
fbem-13203	19	15	in	in	ADP
fbem-13203	19	16	the	the	DET
fbem-13203	19	17	newly	newly	ADV
fbem-13203	19	18	revised	revise	VERB
fbem-13203	19	19	“	"	PUNCT
fbem-13203	19	20	securities	security	NOUN
fbem-13203	19	21	law	law	NOUN
fbem-13203	19	22	”	"	PUNCT
fbem-13203	19	23	,	,	PUNCT
fbem-13203	19	24	there	there	PRON
fbem-13203	19	25	exists	exist	VERB
fbem-13203	19	26	a	a	DET
fbem-13203	19	27	distinct	distinct	ADJ
fbem-13203	19	28	chapter	chapter	NOUN
fbem-13203	19	29	exclusively	exclusively	ADV
fbem-13203	19	30	devoted	devote	VERB
fbem-13203	19	31	to	to	ADP
fbem-13203	19	32	the	the	DET
fbem-13203	19	33	revised	revise	VERB
fbem-13203	19	34	regulations	regulation	NOUN
fbem-13203	19	35	on	on	ADP
fbem-13203	19	36	corporate	corporate	ADJ
fbem-13203	19	37	information	information	NOUN
fbem-13203	19	38	disclosure	disclosure	NOUN
fbem-13203	19	39	,	,	PUNCT
fbem-13203	19	40	highlighting	highlight	VERB
fbem-13203	19	41	the	the	DET
fbem-13203	19	42	importance	importance	NOUN
fbem-13203	19	43	attached	attach	VERB
fbem-13203	19	44	to	to	ADP
fbem-13203	19	45	corporate	corporate	ADJ
fbem-13203	19	46	information	information	NOUN
fbem-13203	19	47	disclosure	disclosure	NOUN
fbem-13203	19	48	in	in	ADP
fbem-13203	19	49	the	the	DET
fbem-13203	19	50	“	"	PUNCT
fbem-13203	19	51	securities	security	NOUN
fbem-13203	19	52	law	law	NOUN
fbem-13203	19	53	”	"	PUNCT
fbem-13203	19	54	.	.	PUNCT
fbem-13203	20	1	corporate	corporate	ADJ
fbem-13203	20	2	accounting	accounting	NOUN
fbem-13203	20	3	information	information	NOUN
fbem-13203	20	4	disclosure	disclosure	NOUN
fbem-13203	20	5	assumes	assume	VERB
fbem-13203	20	6	a	a	DET
fbem-13203	20	7	pivotal	pivotal	ADJ
fbem-13203	20	8	role	role	NOUN
fbem-13203	20	9	and	and	CCONJ
fbem-13203	20	10	stands	stand	VERB
fbem-13203	20	11	as	as	ADP
fbem-13203	20	12	one	one	NUM
fbem-13203	20	13	of	of	ADP
fbem-13203	20	14	the	the	DET
fbem-13203	20	15	core	core	NOUN
fbem-13203	20	16	points	point	NOUN
fbem-13203	20	17	of	of	ADP
fbem-13203	20	18	the	the	DET
fbem-13203	20	19	“	"	PUNCT
fbem-13203	20	20	securities	security	NOUN
fbem-13203	20	21	law	law	NOUN
fbem-13203	20	22	”	"	PUNCT
fbem-13203	20	23	.	.	PUNCT
fbem-13203	21	1	corporate	corporate	ADJ
fbem-13203	21	2	accounting	accounting	NOUN
fbem-13203	21	3	information	information	NOUN
fbem-13203	21	4	disclosure	disclosure	NOUN
fbem-13203	21	5	serves	serve	VERB
fbem-13203	21	6	as	as	ADP
fbem-13203	21	7	a	a	DET
fbem-13203	21	8	guiding	guide	VERB
fbem-13203	21	9	principle	principle	NOUN
fbem-13203	21	10	for	for	ADP
fbem-13203	21	11	business	business	NOUN
fbem-13203	21	12	operations	operation	NOUN
fbem-13203	21	13	.	.	PUNCT
fbem-13203	22	1	wrongful	wrongful	ADJ
fbem-13203	22	2	actions	action	NOUN
fbem-13203	22	3	by	by	ADP
fbem-13203	22	4	companies	company	NOUN
fbem-13203	22	5	such	such	ADJ
fbem-13203	22	6	as	as	ADP
fbem-13203	22	7	tampering	tampering	NOUN
fbem-13203	22	8	,	,	PUNCT
fbem-13203	22	9	manipulation	manipulation	NOUN
fbem-13203	22	10	,	,	PUNCT
fbem-13203	22	11	and	and	CCONJ
fbem-13203	22	12	concealment	concealment	NOUN
fbem-13203	22	13	of	of	ADP
fbem-13203	22	14	accounting	accounting	NOUN
fbem-13203	22	15	information	information	NOUN
fbem-13203	22	16	undoubtedly	undoubtedly	ADV
fbem-13203	22	17	harm	harm	VERB
fbem-13203	22	18	the	the	DET
fbem-13203	22	19	interests	interest	NOUN
fbem-13203	22	20	of	of	ADP
fbem-13203	22	21	numerous	numerous	ADJ
fbem-13203	22	22	investors	investor	NOUN
fbem-13203	22	23	and	and	CCONJ
fbem-13203	22	24	,	,	PUNCT
fbem-13203	22	25	even	even	ADV
fbem-13203	22	26	more	more	ADV
fbem-13203	22	27	seriously	seriously	ADV
fbem-13203	22	28	,	,	PUNCT
fbem-13203	22	29	disrupt	disrupt	VERB
fbem-13203	22	30	the	the	DET
fbem-13203	22	31	orderly	orderly	ADJ
fbem-13203	22	32	competition	competition	NOUN
fbem-13203	22	33	in	in	ADP
fbem-13203	22	34	the	the	DET
fbem-13203	22	35	market	market	NOUN
fbem-13203	22	36	.	.	PUNCT
fbem-13203	23	1	as	as	ADP
fbem-13203	23	2	a	a	DET
fbem-13203	23	3	response	response	NOUN
fbem-13203	23	4	to	to	ADP
fbem-13203	23	5	this	this	DET
fbem-13203	23	6	challenge	challenge	NOUN
fbem-13203	23	7	,	,	PUNCT
fbem-13203	23	8	the	the	DET
fbem-13203	23	9	new	new	ADJ
fbem-13203	23	10	“	"	PUNCT
fbem-13203	23	11	securities	security	NOUN
fbem-13203	23	12	law	law	NOUN
fbem-13203	23	13	”	"	PUNCT
fbem-13203	23	14	has	have	AUX
fbem-13203	23	15	introduced	introduce	VERB
fbem-13203	23	16	legal	legal	ADJ
fbem-13203	23	17	provisions	provision	NOUN
fbem-13203	23	18	that	that	PRON
fbem-13203	23	19	enhance	enhance	VERB
fbem-13203	23	20	the	the	DET
fbem-13203	23	21	penalties	penalty	NOUN
fbem-13203	23	22	for	for	ADP
fbem-13203	23	23	erroneous	erroneous	ADJ
fbem-13203	23	24	corporate	corporate	ADJ
fbem-13203	23	25	accounting	accounting	NOUN
fbem-13203	23	26	information	information	NOUN
fbem-13203	23	27	disclosure	disclosure	NOUN
fbem-13203	23	28	.	.	PUNCT
fbem-13203	24	1	this	this	DET
fbem-13203	24	2	new	new	ADJ
fbem-13203	24	3	regulation	regulation	NOUN
fbem-13203	24	4	increases	increase	VERB
fbem-13203	24	5	the	the	DET
fbem-13203	24	6	cost	cost	NOUN
fbem-13203	24	7	associated	associate	VERB
fbem-13203	24	8	with	with	ADP
fbem-13203	24	9	fraudulent	fraudulent	ADJ
fbem-13203	24	10	practices	practice	NOUN
fbem-13203	24	11	by	by	ADP
fbem-13203	24	12	companies	company	NOUN
fbem-13203	24	13	,	,	PUNCT
fbem-13203	24	14	as	as	SCONJ
fbem-13203	24	15	shown	show	VERB
fbem-13203	24	16	in	in	ADP
fbem-13203	24	17	table	table	NOUN
fbem-13203	24	18	1	1	NUM
fbem-13203	24	19	and	and	CCONJ
fbem-13203	24	20	table	table	NOUN
fbem-13203	24	21	2	2	NUM
fbem-13203	24	22	.	.	PUNCT
fbem-13203	24	23	table	table	NOUN
fbem-13203	24	24	1	1	NUM
fbem-13203	24	25	.	.	PUNCT
fbem-13203	24	26	penalties	penalty	NOUN
fbem-13203	24	27	for	for	ADP
fbem-13203	24	28	non	non	ADJ
fbem-13203	24	29	-	-	NOUN
fbem-13203	24	30	compliance	compliance	NOUN
fbem-13203	24	31	with	with	ADP
fbem-13203	24	32	legal	legal	ADJ
fbem-13203	24	33	obligations	obligation	NOUN
fbem-13203	24	34	for	for	ADP
fbem-13203	24	35	corporate	corporate	ADJ
fbem-13203	24	36	accounting	accounting	NOUN
fbem-13203	24	37	information	information	NOUN
fbem-13203	24	38	disclosure	disclosure	NOUN
fbem-13203	24	39	penalty	penalty	NOUN
fbem-13203	24	40	recipients	recipient	NOUN
fbem-13203	24	41	old	old	ADJ
fbem-13203	24	42	“	"	PUNCT
fbem-13203	24	43	securities	security	NOUN
fbem-13203	24	44	law	law	NOUN
fbem-13203	24	45	”	"	PUNCT
fbem-13203	24	46	new	new	ADJ
fbem-13203	24	47	“	"	PUNCT
fbem-13203	24	48	securities	security	NOUN
fbem-13203	24	49	law	law	NOUN
fbem-13203	24	50	”	"	PUNCT
fbem-13203	24	51	major	major	ADJ
fbem-13203	24	52	listed	list	VERB
fbem-13203	24	53	companies	company	NOUN
fbem-13203	24	54	rmb	rmb	VERB
fbem-13203	24	55	100,000	100,000	NUM
fbem-13203	24	56	to	to	PART
fbem-13203	24	57	600,000	600,000	NUM
fbem-13203	24	58	rmb	rmb	NOUN
fbem-13203	24	59	1	1	NUM
fbem-13203	24	60	million	million	NUM
fbem-13203	24	61	to	to	PART
fbem-13203	24	62	10	10	NUM
fbem-13203	24	63	million	million	NUM
fbem-13203	24	64	senior	senior	ADJ
fbem-13203	24	65	executives	executive	NOUN
fbem-13203	24	66	rmb	rmb	VERB
fbem-13203	24	67	30,000	30,000	NUM
fbem-13203	24	68	to	to	PART
fbem-13203	24	69	300,000	300,000	NUM
fbem-13203	24	70	rmb	rmb	NOUN
fbem-13203	24	71	200,000	200,000	NUM
fbem-13203	24	72	to	to	PART
fbem-13203	24	73	2	2	NUM
fbem-13203	24	74	million	million	NUM
fbem-13203	24	75	companies	company	NOUN
fbem-13203	24	76	’	’	PART
fbem-13203	24	77	top	top	ADJ
fbem-13203	24	78	management	management	NOUN
fbem-13203	24	79	and	and	CCONJ
fbem-13203	24	80	board	board	NOUN
fbem-13203	24	81	of	of	ADP
fbem-13203	24	82	directors	director	NOUN
fbem-13203	24	83	rmb	rmb	VERB
fbem-13203	24	84	30,000	30,000	NUM
fbem-13203	24	85	to	to	PART
fbem-13203	24	86	300,000	300,000	NUM
fbem-13203	24	87	rmb	rmb	NOUN
fbem-13203	24	88	1	1	NUM
fbem-13203	24	89	million	million	NUM
fbem-13203	24	90	to	to	PART
fbem-13203	24	91	10	10	NUM
fbem-13203	24	92	million	million	NUM
fbem-13203	24	93	131	131	NUM
fbem-13203	24	94	table	table	NOUN
fbem-13203	24	95	2	2	NUM
fbem-13203	24	96	.	.	PUNCT
fbem-13203	24	97	penalties	penalty	NOUN
fbem-13203	24	98	for	for	ADP
fbem-13203	24	99	falsification	falsification	NOUN
fbem-13203	24	100	,	,	PUNCT
fbem-13203	24	101	manipulation	manipulation	NOUN
fbem-13203	24	102	,	,	PUNCT
fbem-13203	24	103	and	and	CCONJ
fbem-13203	24	104	significant	significant	ADJ
fbem-13203	24	105	omissions	omission	NOUN
fbem-13203	24	106	in	in	ADP
fbem-13203	24	107	various	various	ADJ
fbem-13203	24	108	types	type	NOUN
fbem-13203	24	109	of	of	ADP
fbem-13203	24	110	disclosures	disclosure	NOUN
fbem-13203	24	111	penalty	penalty	NOUN
fbem-13203	24	112	recipients	recipient	NOUN
fbem-13203	24	113	old	old	ADJ
fbem-13203	24	114	“	"	PUNCT
fbem-13203	24	115	securities	security	NOUN
fbem-13203	24	116	law	law	NOUN
fbem-13203	24	117	”	"	PUNCT
fbem-13203	24	118	new	new	ADJ
fbem-13203	24	119	“	"	PUNCT
fbem-13203	24	120	securities	security	NOUN
fbem-13203	24	121	law	law	NOUN
fbem-13203	24	122	”	"	PUNCT
fbem-13203	24	123	major	major	ADJ
fbem-13203	24	124	listed	list	VERB
fbem-13203	24	125	companies	company	NOUN
fbem-13203	24	126	rmb	rmb	VERB
fbem-13203	24	127	100,000	100,000	NUM
fbem-13203	24	128	to	to	PART
fbem-13203	24	129	600,000	600,000	NUM
fbem-13203	24	130	rmb	rmb	NOUN
fbem-13203	24	131	1	1	NUM
fbem-13203	24	132	million	million	NUM
fbem-13203	24	133	to	to	PART
fbem-13203	24	134	10	10	NUM
fbem-13203	24	135	million	million	NUM
fbem-13203	24	136	senior	senior	ADJ
fbem-13203	24	137	executives	executive	NOUN
fbem-13203	24	138	rmb	rmb	VERB
fbem-13203	24	139	30,000	30,000	NUM
fbem-13203	24	140	to	to	PART
fbem-13203	24	141	300,000	300,000	NUM
fbem-13203	24	142	rmb	rmb	NOUN
fbem-13203	24	143	500,000	500,000	NUM
fbem-13203	24	144	to	to	PART
fbem-13203	24	145	5	5	NUM
fbem-13203	24	146	million	million	NUM
fbem-13203	24	147	companies	company	NOUN
fbem-13203	24	148	’	’	PART
fbem-13203	24	149	top	top	ADJ
fbem-13203	24	150	management	management	NOUN
fbem-13203	24	151	and	and	CCONJ
fbem-13203	24	152	board	board	NOUN
fbem-13203	24	153	of	of	ADP
fbem-13203	24	154	directors	director	NOUN
fbem-13203	24	155	rmb	rmb	VERB
fbem-13203	24	156	30,000	30,000	NUM
fbem-13203	24	157	to	to	PART
fbem-13203	24	158	300,000	300,000	NUM
fbem-13203	24	159	rmb	rmb	NOUN
fbem-13203	24	160	1	1	NUM
fbem-13203	24	161	million	million	NUM
fbem-13203	24	162	to	to	PART
fbem-13203	24	163	10	10	NUM
fbem-13203	24	164	million	million	NUM
fbem-13203	24	165	data	datum	NOUN
fbem-13203	24	166	source	source	NOUN
fbem-13203	24	167	:	:	PUNCT
fbem-13203	24	168	china	china	PROPN
fbem-13203	24	169	securities	securities	PROPN
fbem-13203	24	170	regulatory	regulatory	PROPN
fbem-13203	24	171	commission	commission	PROPN
fbem-13203	24	172	(	(	PUNCT
fbem-13203	24	173	csrc	csrc	PROPN
fbem-13203	24	174	)	)	PUNCT
fbem-13203	24	175	it	it	PRON
fbem-13203	24	176	can	can	AUX
fbem-13203	24	177	be	be	AUX
fbem-13203	24	178	seen	see	VERB
fbem-13203	24	179	from	from	ADP
fbem-13203	24	180	table	table	NOUN
fbem-13203	24	181	1	1	NUM
fbem-13203	24	182	and	and	CCONJ
fbem-13203	24	183	table	table	NOUN
fbem-13203	24	184	2	2	NUM
fbem-13203	24	185	that	that	PRON
fbem-13203	24	186	the	the	DET
fbem-13203	24	187	new	new	ADJ
fbem-13203	24	188	“	"	PUNCT
fbem-13203	24	189	securities	security	NOUN
fbem-13203	24	190	law	law	NOUN
fbem-13203	24	191	”	"	PUNCT
fbem-13203	24	192	has	have	AUX
fbem-13203	24	193	greatly	greatly	ADV
fbem-13203	24	194	enhanced	enhance	VERB
fbem-13203	24	195	the	the	DET
fbem-13203	24	196	severity	severity	NOUN
fbem-13203	24	197	of	of	ADP
fbem-13203	24	198	penalties	penalty	NOUN
fbem-13203	24	199	,	,	PUNCT
fbem-13203	24	200	while	while	SCONJ
fbem-13203	24	201	also	also	ADV
fbem-13203	24	202	refining	refine	VERB
fbem-13203	24	203	the	the	DET
fbem-13203	24	204	distinction	distinction	NOUN
fbem-13203	24	205	and	and	CCONJ
fbem-13203	24	206	measures	measure	NOUN
fbem-13203	24	207	for	for	ADP
fbem-13203	24	208	cases	case	NOUN
fbem-13203	24	209	involving	involve	VERB
fbem-13203	24	210	“	"	PUNCT
fbem-13203	24	211	failure	failure	NOUN
fbem-13203	24	212	to	to	PART
fbem-13203	24	213	fulfill	fulfill	VERB
fbem-13203	24	214	information	information	NOUN
fbem-13203	24	215	disclosure	disclosure	NOUN
fbem-13203	24	216	obligations	obligation	NOUN
fbem-13203	24	217	”	"	PUNCT
fbem-13203	24	218	and	and	CCONJ
fbem-13203	24	219	“	"	PUNCT
fbem-13203	24	220	significant	significant	ADJ
fbem-13203	24	221	falsification	falsification	NOUN
fbem-13203	24	222	or	or	CCONJ
fbem-13203	24	223	omission	omission	NOUN
fbem-13203	24	224	in	in	ADP
fbem-13203	24	225	information	information	NOUN
fbem-13203	24	226	disclosure	disclosure	NOUN
fbem-13203	24	227	”	"	PUNCT
fbem-13203	24	228	.	.	PUNCT
fbem-13203	25	1	in	in	ADP
fbem-13203	25	2	the	the	DET
fbem-13203	25	3	new	new	ADJ
fbem-13203	25	4	“	"	PUNCT
fbem-13203	25	5	securities	security	NOUN
fbem-13203	25	6	law	law	NOUN
fbem-13203	25	7	”	"	PUNCT
fbem-13203	25	8	,	,	PUNCT
fbem-13203	25	9	the	the	DET
fbem-13203	25	10	minimum	minimum	NOUN
fbem-13203	25	11	penalties	penalty	NOUN
fbem-13203	25	12	for	for	ADP
fbem-13203	25	13	major	major	ADJ
fbem-13203	25	14	listed	list	VERB
fbem-13203	25	15	companies	company	NOUN
fbem-13203	25	16	have	have	AUX
fbem-13203	25	17	been	be	AUX
fbem-13203	25	18	increased	increase	VERB
fbem-13203	25	19	from	from	ADP
fbem-13203	25	20	rmb	rmb	PROPN
fbem-13203	25	21	100,000	100,000	NUM
fbem-13203	25	22	to	to	PART
fbem-13203	25	23	1	1	NUM
fbem-13203	25	24	million	million	NUM
fbem-13203	25	25	.	.	PUNCT
fbem-13203	26	1	likewise	likewise	ADV
fbem-13203	26	2	,	,	PUNCT
fbem-13203	26	3	the	the	DET
fbem-13203	26	4	minimum	minimum	NOUN
fbem-13203	26	5	penalties	penalty	NOUN
fbem-13203	26	6	for	for	ADP
fbem-13203	26	7	individuals	individual	NOUN
fbem-13203	26	8	and	and	CCONJ
fbem-13203	26	9	companies	company	NOUN
fbem-13203	26	10	’	'	PUNCT
fbem-13203	26	11	top	top	ADJ
fbem-13203	26	12	management	management	NOUN
fbem-13203	26	13	have	have	AUX
fbem-13203	26	14	been	be	AUX
fbem-13203	26	15	raised	raise	VERB
fbem-13203	26	16	from	from	ADP
fbem-13203	26	17	rmb	rmb	PROPN
fbem-13203	26	18	30,000	30,000	NUM
fbem-13203	26	19	to	to	ADP
fbem-13203	26	20	500,000	500,000	NUM
fbem-13203	26	21	and	and	CCONJ
fbem-13203	26	22	1	1	NUM
fbem-13203	26	23	million	million	NUM
fbem-13203	26	24	,	,	PUNCT
fbem-13203	26	25	respectively	respectively	ADV
fbem-13203	26	26	.	.	PUNCT
fbem-13203	27	1	it	it	PRON
fbem-13203	27	2	is	be	AUX
fbem-13203	27	3	apparent	apparent	ADJ
fbem-13203	27	4	that	that	SCONJ
fbem-13203	27	5	the	the	DET
fbem-13203	27	6	new	new	ADJ
fbem-13203	27	7	“	"	PUNCT
fbem-13203	27	8	securities	security	NOUN
fbem-13203	27	9	law	law	NOUN
fbem-13203	27	10	”	"	PUNCT
fbem-13203	27	11	has	have	AUX
fbem-13203	27	12	substantially	substantially	ADV
fbem-13203	27	13	intensified	intensify	VERB
fbem-13203	27	14	the	the	DET
fbem-13203	27	15	severity	severity	NOUN
fbem-13203	27	16	of	of	ADP
fbem-13203	27	17	penalties	penalty	NOUN
fbem-13203	27	18	for	for	ADP
fbem-13203	27	19	top	top	ADJ
fbem-13203	27	20	management	management	NOUN
fbem-13203	27	21	personnel	personnel	NOUN
fbem-13203	27	22	of	of	ADP
fbem-13203	27	23	companies	company	NOUN
fbem-13203	27	24	,	,	PUNCT
fbem-13203	27	25	with	with	ADP
fbem-13203	27	26	maximum	maximum	ADJ
fbem-13203	27	27	fines	fine	NOUN
fbem-13203	27	28	as	as	ADV
fbem-13203	27	29	high	high	ADJ
fbem-13203	27	30	as	as	ADP
fbem-13203	27	31	rmb	rmb	PROPN
fbem-13203	27	32	10	10	NUM
fbem-13203	27	33	million	million	NUM
fbem-13203	27	34	.	.	PUNCT
fbem-13203	28	1	the	the	DET
fbem-13203	28	2	new	new	ADJ
fbem-13203	28	3	“	"	PUNCT
fbem-13203	28	4	securities	security	NOUN
fbem-13203	28	5	law	law	NOUN
fbem-13203	28	6	”	"	PUNCT
fbem-13203	28	7	has	have	AUX
fbem-13203	28	8	not	not	PART
fbem-13203	28	9	only	only	ADV
fbem-13203	28	10	significantly	significantly	ADV
fbem-13203	28	11	increased	increase	VERB
fbem-13203	28	12	the	the	DET
fbem-13203	28	13	severity	severity	NOUN
fbem-13203	28	14	of	of	ADP
fbem-13203	28	15	penalties	penalty	NOUN
fbem-13203	28	16	but	but	CCONJ
fbem-13203	28	17	also	also	ADV
fbem-13203	28	18	introduced	introduce	VERB
fbem-13203	28	19	relatively	relatively	ADV
fbem-13203	28	20	detailed	detailed	ADJ
fbem-13203	28	21	revisions	revision	NOUN
fbem-13203	28	22	in	in	ADP
fbem-13203	28	23	several	several	ADJ
fbem-13203	28	24	other	other	ADJ
fbem-13203	28	25	aspects	aspect	NOUN
fbem-13203	28	26	.	.	PUNCT
fbem-13203	29	1	firstly	firstly	ADV
fbem-13203	29	2	,	,	PUNCT
fbem-13203	29	3	it	it	PRON
fbem-13203	29	4	has	have	AUX
fbem-13203	29	5	clarified	clarify	VERB
fbem-13203	29	6	the	the	DET
fbem-13203	29	7	boundaries	boundary	NOUN
fbem-13203	29	8	of	of	ADP
fbem-13203	29	9	“	"	PUNCT
fbem-13203	29	10	significant	significant	ADJ
fbem-13203	29	11	events	event	NOUN
fbem-13203	29	12	”	"	PUNCT
fbem-13203	29	13	,	,	PUNCT
fbem-13203	29	14	revising	revise	VERB
fbem-13203	29	15	events	event	NOUN
fbem-13203	29	16	that	that	SCONJ
fbem-13203	29	17	“	"	PUNCT
fbem-13203	29	18	impact	impact	VERB
fbem-13203	29	19	stock	stock	NOUN
fbem-13203	29	20	prices	price	NOUN
fbem-13203	29	21	”	"	PUNCT
fbem-13203	29	22	as	as	ADP
fbem-13203	29	23	“	"	PUNCT
fbem-13203	29	24	significant	significant	ADJ
fbem-13203	29	25	events	event	NOUN
fbem-13203	29	26	”	"	PUNCT
fbem-13203	29	27	and	and	CCONJ
fbem-13203	29	28	adding	add	VERB
fbem-13203	29	29	events	event	NOUN
fbem-13203	29	30	that	that	SCONJ
fbem-13203	29	31	“	"	PUNCT
fbem-13203	29	32	affect	affect	VERB
fbem-13203	29	33	bond	bond	NOUN
fbem-13203	29	34	trading	trading	NOUN
fbem-13203	29	35	”	"	PUNCT
fbem-13203	29	36	to	to	ADP
fbem-13203	29	37	the	the	DET
fbem-13203	29	38	category	category	NOUN
fbem-13203	29	39	of	of	ADP
fbem-13203	29	40	“	"	PUNCT
fbem-13203	29	41	significant	significant	ADJ
fbem-13203	29	42	events	event	NOUN
fbem-13203	29	43	”	"	PUNCT
fbem-13203	29	44	.	.	PUNCT
fbem-13203	30	1	secondly	secondly	ADV
fbem-13203	30	2	,	,	PUNCT
fbem-13203	30	3	the	the	DET
fbem-13203	30	4	new	new	ADJ
fbem-13203	30	5	“	"	PUNCT
fbem-13203	30	6	securities	security	NOUN
fbem-13203	30	7	law	law	NOUN
fbem-13203	30	8	”	"	PUNCT
fbem-13203	30	9	has	have	AUX
fbem-13203	30	10	strengthened	strengthen	VERB
fbem-13203	30	11	the	the	DET
fbem-13203	30	12	disclosure	disclosure	NOUN
fbem-13203	30	13	obligations	obligation	NOUN
fbem-13203	30	14	of	of	ADP
fbem-13203	30	15	top	top	ADJ
fbem-13203	30	16	management	management	NOUN
fbem-13203	30	17	and	and	CCONJ
fbem-13203	30	18	the	the	DET
fbem-13203	30	19	board	board	NOUN
fbem-13203	30	20	of	of	ADP
fbem-13203	30	21	directors	director	NOUN
fbem-13203	30	22	,	,	PUNCT
fbem-13203	30	23	which	which	PRON
fbem-13203	30	24	is	be	AUX
fbem-13203	30	25	conducive	conducive	ADJ
fbem-13203	30	26	to	to	ADP
fbem-13203	30	27	guiding	guide	VERB
fbem-13203	30	28	top	top	ADJ
fbem-13203	30	29	management	management	NOUN
fbem-13203	30	30	and	and	CCONJ
fbem-13203	30	31	the	the	DET
fbem-13203	30	32	board	board	NOUN
fbem-13203	30	33	of	of	ADP
fbem-13203	30	34	directors	director	NOUN
fbem-13203	30	35	in	in	ADP
fbem-13203	30	36	leading	lead	VERB
fbem-13203	30	37	the	the	DET
fbem-13203	30	38	company	company	NOUN
fbem-13203	30	39	to	to	PART
fbem-13203	30	40	better	well	ADV
fbem-13203	30	41	fulfill	fulfill	VERB
fbem-13203	30	42	their	their	PRON
fbem-13203	30	43	information	information	NOUN
fbem-13203	30	44	disclosure	disclosure	NOUN
fbem-13203	30	45	obligations	obligation	NOUN
fbem-13203	30	46	.	.	PUNCT
fbem-13203	31	1	3	3	X
fbem-13203	31	2	.	.	X
fbem-13203	31	3	research	research	NOUN
fbem-13203	31	4	hypotheses	hypothesis	NOUN
fbem-13203	31	5	this	this	DET
fbem-13203	31	6	paper	paper	NOUN
fbem-13203	31	7	delves	delf	NOUN
fbem-13203	31	8	into	into	ADP
fbem-13203	31	9	the	the	DET
fbem-13203	31	10	impact	impact	NOUN
fbem-13203	31	11	of	of	ADP
fbem-13203	31	12	the	the	DET
fbem-13203	31	13	new	new	ADJ
fbem-13203	31	14	“	"	PUNCT
fbem-13203	31	15	securities	security	NOUN
fbem-13203	31	16	law	law	NOUN
fbem-13203	31	17	”	"	PUNCT
fbem-13203	31	18	on	on	ADP
fbem-13203	31	19	the	the	DET
fbem-13203	31	20	quality	quality	NOUN
fbem-13203	31	21	of	of	ADP
fbem-13203	31	22	accounting	accounting	NOUN
fbem-13203	31	23	information	information	NOUN
fbem-13203	31	24	in	in	ADP
fbem-13203	31	25	listed	list	VERB
fbem-13203	31	26	companies	company	NOUN
fbem-13203	31	27	.	.	PUNCT
fbem-13203	32	1	essentially	essentially	ADV
fbem-13203	32	2	,	,	PUNCT
fbem-13203	32	3	while	while	SCONJ
fbem-13203	32	4	the	the	DET
fbem-13203	32	5	quality	quality	NOUN
fbem-13203	32	6	of	of	ADP
fbem-13203	32	7	accounting	accounting	NOUN
fbem-13203	32	8	information	information	NOUN
fbem-13203	32	9	is	be	AUX
fbem-13203	32	10	studied	study	VERB
fbem-13203	32	11	,	,	PUNCT
fbem-13203	32	12	it	it	PRON
fbem-13203	32	13	is	be	AUX
fbem-13203	32	14	also	also	ADV
fbem-13203	32	15	necessary	necessary	ADJ
fbem-13203	32	16	to	to	PART
fbem-13203	32	17	further	far	ADV
fbem-13203	32	18	explore	explore	VERB
fbem-13203	32	19	its	its	PRON
fbem-13203	32	20	impact	impact	NOUN
fbem-13203	32	21	on	on	ADP
fbem-13203	32	22	the	the	DET
fbem-13203	32	23	market	market	NOUN
fbem-13203	32	24	.	.	PUNCT
fbem-13203	33	1	therefore	therefore	ADV
fbem-13203	33	2	,	,	PUNCT
fbem-13203	33	3	the	the	DET
fbem-13203	33	4	following	follow	VERB
fbem-13203	33	5	two	two	NUM
fbem-13203	33	6	hypotheses	hypothesis	NOUN
fbem-13203	33	7	are	be	AUX
fbem-13203	33	8	proposed	propose	VERB
fbem-13203	33	9	:	:	PUNCT
fbem-13203	33	10	q1	q1	NOUN
fbem-13203	33	11	:	:	PUNCT
fbem-13203	33	12	the	the	DET
fbem-13203	33	13	new	new	ADJ
fbem-13203	33	14	“	"	PUNCT
fbem-13203	33	15	securities	security	NOUN
fbem-13203	33	16	law	law	NOUN
fbem-13203	33	17	”	"	PUNCT
fbem-13203	33	18	is	be	AUX
fbem-13203	33	19	beneficial	beneficial	ADJ
fbem-13203	33	20	for	for	ADP
fbem-13203	33	21	improving	improve	VERB
fbem-13203	33	22	the	the	DET
fbem-13203	33	23	quality	quality	NOUN
fbem-13203	33	24	of	of	ADP
fbem-13203	33	25	accounting	accounting	NOUN
fbem-13203	33	26	information	information	NOUN
fbem-13203	33	27	disclosure	disclosure	NOUN
fbem-13203	33	28	by	by	ADP
fbem-13203	33	29	listed	list	VERB
fbem-13203	33	30	companies	company	NOUN
fbem-13203	33	31	.	.	PUNCT
fbem-13203	34	1	q2	q2	NOUN
fbem-13203	34	2	:	:	PUNCT
fbem-13203	34	3	the	the	DET
fbem-13203	34	4	new	new	ADJ
fbem-13203	34	5	“	"	PUNCT
fbem-13203	34	6	securities	security	NOUN
fbem-13203	34	7	law	law	NOUN
fbem-13203	34	8	”	"	PUNCT
fbem-13203	34	9	is	be	AUX
fbem-13203	34	10	not	not	PART
fbem-13203	34	11	conducive	conducive	ADJ
fbem-13203	34	12	to	to	ADP
fbem-13203	34	13	improving	improve	VERB
fbem-13203	34	14	the	the	DET
fbem-13203	34	15	quality	quality	NOUN
fbem-13203	34	16	of	of	ADP
fbem-13203	34	17	accounting	accounting	NOUN
fbem-13203	34	18	information	information	NOUN
fbem-13203	34	19	disclosure	disclosure	NOUN
fbem-13203	34	20	by	by	ADP
fbem-13203	34	21	listed	list	VERB
fbem-13203	34	22	companies	company	NOUN
fbem-13203	34	23	.	.	PUNCT
fbem-13203	35	1	4	4	X
fbem-13203	35	2	.	.	X
fbem-13203	35	3	research	research	NOUN
fbem-13203	35	4	design	design	NOUN
fbem-13203	35	5	4.1	4.1	NUM
fbem-13203	35	6	.	.	PUNCT
fbem-13203	36	1	sample	sample	NOUN
fbem-13203	36	2	selection	selection	NOUN
fbem-13203	36	3	and	and	CCONJ
fbem-13203	36	4	data	datum	NOUN
fbem-13203	36	5	sources	source	NOUN
fbem-13203	36	6	the	the	DET
fbem-13203	36	7	sample	sample	NOUN
fbem-13203	36	8	for	for	ADP
fbem-13203	36	9	the	the	DET
fbem-13203	36	10	research	research	NOUN
fbem-13203	36	11	in	in	ADP
fbem-13203	36	12	this	this	DET
fbem-13203	36	13	paper	paper	NOUN
fbem-13203	36	14	consists	consist	VERB
fbem-13203	36	15	of	of	ADP
fbem-13203	36	16	chinese	chinese	ADJ
fbem-13203	36	17	a	a	DET
fbem-13203	36	18	-	-	PUNCT
fbem-13203	36	19	share	share	NOUN
fbem-13203	36	20	listed	list	VERB
fbem-13203	36	21	companies	company	NOUN
fbem-13203	36	22	from	from	ADP
fbem-13203	36	23	the	the	DET
fbem-13203	36	24	year	year	NOUN
fbem-13203	36	25	of	of	ADP
fbem-13203	36	26	2015	2015	NUM
fbem-13203	36	27	to	to	ADP
fbem-13203	36	28	2022	2022	NUM
fbem-13203	36	29	.	.	PUNCT
fbem-13203	37	1	the	the	DET
fbem-13203	37	2	financial	financial	ADJ
fbem-13203	37	3	and	and	CCONJ
fbem-13203	37	4	governance	governance	NOUN
fbem-13203	37	5	data	datum	NOUN
fbem-13203	37	6	of	of	ADP
fbem-13203	37	7	these	these	DET
fbem-13203	37	8	listed	list	VERB
fbem-13203	37	9	companies	company	NOUN
fbem-13203	37	10	are	be	AUX
fbem-13203	37	11	sourced	source	VERB
fbem-13203	37	12	from	from	ADP
fbem-13203	37	13	the	the	DET
fbem-13203	37	14	csmar	csmar	PROPN
fbem-13203	37	15	database	database	NOUN
fbem-13203	37	16	.	.	PUNCT
fbem-13203	38	1	the	the	DET
fbem-13203	38	2	initial	initial	ADJ
fbem-13203	38	3	sample	sample	NOUN
fbem-13203	38	4	includes	include	VERB
fbem-13203	38	5	500	500	NUM
fbem-13203	38	6	listed	list	VERB
fbem-13203	38	7	companies	company	NOUN
fbem-13203	38	8	,	,	PUNCT
fbem-13203	38	9	with	with	ADP
fbem-13203	38	10	a	a	DET
fbem-13203	38	11	total	total	NOUN
fbem-13203	38	12	of	of	ADP
fbem-13203	38	13	4,976	4,976	NUM
fbem-13203	38	14	annual	annual	ADJ
fbem-13203	38	15	observations	observation	NOUN
fbem-13203	38	16	.	.	PUNCT
fbem-13203	39	1	all	all	DET
fbem-13203	39	2	data	datum	NOUN
fbem-13203	39	3	processing	processing	NOUN
fbem-13203	39	4	and	and	CCONJ
fbem-13203	39	5	econometric	econometric	ADJ
fbem-13203	39	6	analyses	analysis	NOUN
fbem-13203	39	7	are	be	AUX
fbem-13203	39	8	conducted	conduct	VERB
fbem-13203	39	9	using	use	VERB
fbem-13203	39	10	stata	stata	NOUN
fbem-13203	39	11	17.0	17.0	NUM
fbem-13203	39	12	,	,	PUNCT
fbem-13203	39	13	a	a	DET
fbem-13203	39	14	statistical	statistical	ADJ
fbem-13203	39	15	software	software	NOUN
fbem-13203	39	16	.	.	PUNCT
fbem-13203	40	1	4.2	4.2	NUM
fbem-13203	40	2	.	.	PUNCT
fbem-13203	41	1	variable	variable	ADJ
fbem-13203	41	2	definitions	definition	NOUN
fbem-13203	41	3	and	and	CCONJ
fbem-13203	41	4	empirical	empirical	ADJ
fbem-13203	41	5	model	model	NOUN
fbem-13203	41	6	4.2.1	4.2.1	NUM
fbem-13203	41	7	.	.	PUNCT
fbem-13203	42	1	variable	variable	ADJ
fbem-13203	42	2	selection	selection	NOUN
fbem-13203	42	3	(	(	PUNCT
fbem-13203	42	4	1	1	NUM
fbem-13203	42	5	)	)	PUNCT
fbem-13203	42	6	dependent	dependent	ADJ
fbem-13203	42	7	variable	variable	NOUN
fbem-13203	42	8	this	this	DET
fbem-13203	42	9	paper	paper	NOUN
fbem-13203	42	10	aims	aim	VERB
fbem-13203	42	11	to	to	PART
fbem-13203	42	12	study	study	VERB
fbem-13203	42	13	the	the	DET
fbem-13203	42	14	changes	change	NOUN
fbem-13203	42	15	in	in	ADP
fbem-13203	42	16	the	the	DET
fbem-13203	42	17	quality	quality	NOUN
fbem-13203	42	18	of	of	ADP
fbem-13203	42	19	accounting	accounting	NOUN
fbem-13203	42	20	information	information	NOUN
fbem-13203	42	21	disclosure	disclosure	NOUN
fbem-13203	42	22	by	by	ADP
fbem-13203	42	23	companies	company	NOUN
fbem-13203	42	24	within	within	ADP
fbem-13203	42	25	the	the	DET
fbem-13203	42	26	context	context	NOUN
fbem-13203	42	27	of	of	ADP
fbem-13203	42	28	the	the	DET
fbem-13203	42	29	new	new	ADJ
fbem-13203	42	30	“	"	PUNCT
fbem-13203	42	31	securities	security	NOUN
fbem-13203	42	32	law	law	NOUN
fbem-13203	42	33	”	"	PUNCT
fbem-13203	42	34	.	.	PUNCT
fbem-13203	43	1	therefore	therefore	ADV
fbem-13203	43	2	,	,	PUNCT
fbem-13203	43	3	the	the	DET
fbem-13203	43	4	dependent	dependent	ADJ
fbem-13203	43	5	variable	variable	NOUN
fbem-13203	43	6	in	in	ADP
fbem-13203	43	7	this	this	DET
fbem-13203	43	8	study	study	NOUN
fbem-13203	43	9	is	be	AUX
fbem-13203	43	10	the	the	DET
fbem-13203	43	11	quality	quality	NOUN
fbem-13203	43	12	of	of	ADP
fbem-13203	43	13	accounting	accounting	NOUN
fbem-13203	43	14	information	information	NOUN
fbem-13203	43	15	disclosure	disclosure	NOUN
fbem-13203	43	16	by	by	ADP
fbem-13203	43	17	companies	company	NOUN
fbem-13203	43	18	.	.	PUNCT
fbem-13203	44	1	the	the	DET
fbem-13203	44	2	quality	quality	NOUN
fbem-13203	44	3	of	of	ADP
fbem-13203	44	4	accounting	accounting	NOUN
fbem-13203	44	5	information	information	NOUN
fbem-13203	44	6	disclosure	disclosure	NOUN
fbem-13203	44	7	,	,	PUNCT
fbem-13203	44	8	denoted	denote	VERB
fbem-13203	44	9	as	as	ADP
fbem-13203	44	10	“	"	PUNCT
fbem-13203	44	11	rank	rank	NOUN
fbem-13203	44	12	”	"	PUNCT
fbem-13203	44	13	,	,	PUNCT
fbem-13203	44	14	is	be	AUX
fbem-13203	44	15	assessed	assess	VERB
fbem-13203	44	16	based	base	VERB
fbem-13203	44	17	on	on	ADP
fbem-13203	44	18	the	the	DET
fbem-13203	44	19	accounting	accounting	NOUN
fbem-13203	44	20	information	information	NOUN
fbem-13203	44	21	disclosure	disclosure	NOUN
fbem-13203	44	22	quality	quality	NOUN
fbem-13203	44	23	rating	rating	NOUN
fbem-13203	44	24	provided	provide	VERB
fbem-13203	44	25	by	by	ADP
fbem-13203	44	26	the	the	DET
fbem-13203	44	27	shenzhen	shenzhen	PROPN
fbem-13203	44	28	stock	stock	PROPN
fbem-13203	44	29	exchange	exchange	PROPN
fbem-13203	44	30	(	(	PUNCT
fbem-13203	44	31	szse	szse	NOUN
fbem-13203	44	32	)	)	PUNCT
fbem-13203	44	33	.	.	PUNCT
fbem-13203	45	1	these	these	DET
fbem-13203	45	2	ratings	rating	NOUN
fbem-13203	45	3	are	be	AUX
fbem-13203	45	4	divided	divide	VERB
fbem-13203	45	5	into	into	ADP
fbem-13203	45	6	four	four	NUM
fbem-13203	45	7	categories	category	NOUN
fbem-13203	45	8	:	:	PUNCT
fbem-13203	45	9	unqualified	unqualified	ADJ
fbem-13203	45	10	,	,	PUNCT
fbem-13203	45	11	qualified	qualified	ADJ
fbem-13203	45	12	,	,	PUNCT
fbem-13203	45	13	good	good	ADJ
fbem-13203	45	14	,	,	PUNCT
fbem-13203	45	15	and	and	CCONJ
fbem-13203	45	16	excellent	excellent	ADJ
fbem-13203	45	17	,	,	PUNCT
fbem-13203	45	18	assigned	assign	VERB
fbem-13203	45	19	numerical	numerical	ADJ
fbem-13203	45	20	values	value	NOUN
fbem-13203	45	21	from	from	ADP
fbem-13203	45	22	1	1	NUM
fbem-13203	45	23	to	to	ADP
fbem-13203	45	24	4	4	NUM
fbem-13203	45	25	,	,	PUNCT
fbem-13203	45	26	respectively	respectively	ADV
fbem-13203	45	27	.	.	PUNCT
fbem-13203	46	1	(	(	PUNCT
fbem-13203	46	2	2	2	X
fbem-13203	46	3	)	)	PUNCT
fbem-13203	46	4	independent	independent	ADJ
fbem-13203	46	5	variable	variable	NOUN
fbem-13203	46	6	the	the	DET
fbem-13203	46	7	independent	independent	ADJ
fbem-13203	46	8	variable	variable	NOUN
fbem-13203	46	9	in	in	ADP
fbem-13203	46	10	this	this	DET
fbem-13203	46	11	study	study	NOUN
fbem-13203	46	12	is	be	AUX
fbem-13203	46	13	the	the	DET
fbem-13203	46	14	implementation	implementation	NOUN
fbem-13203	46	15	status	status	NOUN
fbem-13203	46	16	of	of	ADP
fbem-13203	46	17	the	the	DET
fbem-13203	46	18	new	new	ADJ
fbem-13203	46	19	“	"	PUNCT
fbem-13203	46	20	securities	security	NOUN
fbem-13203	46	21	law	law	NOUN
fbem-13203	46	22	”	"	PUNCT
fbem-13203	46	23	,	,	PUNCT
fbem-13203	46	24	denoted	denote	VERB
fbem-13203	46	25	as	as	ADP
fbem-13203	46	26	“	"	PUNCT
fbem-13203	46	27	perk	perk	NOUN
fbem-13203	46	28	”	"	PUNCT
fbem-13203	46	29	.	.	PUNCT
fbem-13203	47	1	it	it	PRON
fbem-13203	47	2	is	be	AUX
fbem-13203	47	3	assigned	assign	VERB
fbem-13203	47	4	a	a	DET
fbem-13203	47	5	value	value	NOUN
fbem-13203	47	6	of	of	ADP
fbem-13203	47	7	1	1	NUM
fbem-13203	47	8	if	if	SCONJ
fbem-13203	47	9	the	the	DET
fbem-13203	47	10	law	law	NOUN
fbem-13203	47	11	has	have	AUX
fbem-13203	47	12	been	be	AUX
fbem-13203	47	13	revised	revise	VERB
fbem-13203	47	14	and	and	CCONJ
fbem-13203	47	15	0	0	NUM
fbem-13203	47	16	if	if	SCONJ
fbem-13203	47	17	has	have	VERB
fbem-13203	47	18	not	not	PART
fbem-13203	47	19	.	.	PUNCT
fbem-13203	48	1	specifically	specifically	ADV
fbem-13203	48	2	,	,	PUNCT
fbem-13203	48	3	data	datum	NOUN
fbem-13203	48	4	from	from	ADP
fbem-13203	48	5	2015	2015	NUM
fbem-13203	48	6	to	to	ADP
fbem-13203	48	7	2018	2018	NUM
fbem-13203	48	8	are	be	AUX
fbem-13203	48	9	categorized	categorize	VERB
fbem-13203	48	10	as	as	ADP
fbem-13203	48	11	0	0	NUM
fbem-13203	48	12	;	;	PUNCT
fbem-13203	48	13	while	while	SCONJ
fbem-13203	48	14	data	datum	NOUN
fbem-13203	48	15	from	from	ADP
fbem-13203	48	16	2019	2019	NUM
fbem-13203	48	17	to	to	ADP
fbem-13203	48	18	2022	2022	NUM
fbem-13203	48	19	are	be	AUX
fbem-13203	48	20	categorized	categorize	VERB
fbem-13203	48	21	1	1	NUM
fbem-13203	48	22	.	.	PUNCT
fbem-13203	48	23	table	table	NOUN
fbem-13203	48	24	3	3	NUM
fbem-13203	48	25	.	.	PUNCT
fbem-13203	49	1	variable	variable	ADJ
fbem-13203	49	2	descriptions	description	NOUN
fbem-13203	49	3	variable	variable	ADJ
fbem-13203	49	4	type	type	NOUN
fbem-13203	49	5	variable	variable	ADJ
fbem-13203	49	6	name	name	NOUN
fbem-13203	49	7	variable	variable	PROPN
fbem-13203	49	8	code	code	NOUN
fbem-13203	49	9	variable	variable	ADJ
fbem-13203	49	10	description	description	NOUN
fbem-13203	49	11	dependent	dependent	ADJ
fbem-13203	49	12	variable	variable	ADJ
fbem-13203	49	13	quality	quality	NOUN
fbem-13203	49	14	of	of	ADP
fbem-13203	49	15	corporate	corporate	ADJ
fbem-13203	49	16	accounting	accounting	NOUN
fbem-13203	49	17	information	information	NOUN
fbem-13203	49	18	disclosure	disclosure	NOUN
fbem-13203	49	19	rank	rank	NOUN
fbem-13203	49	20	categorized	categorize	VERB
fbem-13203	49	21	into	into	ADP
fbem-13203	49	22	four	four	NUM
fbem-13203	49	23	levels	level	NOUN
fbem-13203	49	24	:	:	PUNCT
fbem-13203	49	25	unqualified	unqualified	ADJ
fbem-13203	49	26	,	,	PUNCT
fbem-13203	49	27	qualified	qualified	ADJ
fbem-13203	49	28	,	,	PUNCT
fbem-13203	49	29	good	good	ADJ
fbem-13203	49	30	,	,	PUNCT
fbem-13203	49	31	excellent	excellent	ADJ
fbem-13203	49	32	,	,	PUNCT
fbem-13203	49	33	assigned	assign	VERB
fbem-13203	49	34	numerical	numerical	ADJ
fbem-13203	49	35	values	value	NOUN
fbem-13203	49	36	from	from	ADP
fbem-13203	49	37	1	1	NUM
fbem-13203	49	38	to	to	ADP
fbem-13203	49	39	4	4	NUM
fbem-13203	49	40	respectively	respectively	ADV
fbem-13203	49	41	.	.	PUNCT
fbem-13203	50	1	independent	independent	ADJ
fbem-13203	50	2	variable	variable	ADJ
fbem-13203	50	3	implementation	implementation	NOUN
fbem-13203	50	4	status	status	NOUN
fbem-13203	50	5	of	of	ADP
fbem-13203	50	6	the	the	DET
fbem-13203	50	7	new	new	ADJ
fbem-13203	50	8	securities	security	NOUN
fbem-13203	50	9	law	law	NOUN
fbem-13203	50	10	perk	perk	NOUN
fbem-13203	50	11	coded	code	VERB
fbem-13203	50	12	as	as	ADP
fbem-13203	50	13	1	1	NUM
fbem-13203	50	14	if	if	SCONJ
fbem-13203	50	15	implemented	implement	VERB
fbem-13203	50	16	and	and	CCONJ
fbem-13203	50	17	0	0	NUM
fbem-13203	50	18	if	if	SCONJ
fbem-13203	50	19	not	not	PART
fbem-13203	50	20	.	.	PUNCT
fbem-13203	51	1	data	datum	NOUN
fbem-13203	51	2	for	for	ADP
fbem-13203	51	3	2015	2015	NUM
fbem-13203	51	4	-	-	SYM
fbem-13203	51	5	2018	2018	NUM
fbem-13203	51	6	is	be	AUX
fbem-13203	51	7	coded	code	VERB
fbem-13203	51	8	as	as	ADP
fbem-13203	51	9	0	0	NUM
fbem-13203	51	10	,	,	PUNCT
fbem-13203	51	11	while	while	SCONJ
fbem-13203	51	12	data	datum	NOUN
fbem-13203	51	13	for	for	ADP
fbem-13203	51	14	2019	2019	NUM
fbem-13203	51	15	-	-	SYM
fbem-13203	51	16	2022	2022	NUM
fbem-13203	51	17	is	be	AUX
fbem-13203	51	18	coded	code	VERB
fbem-13203	51	19	as	as	ADP
fbem-13203	51	20	1	1	NUM
fbem-13203	51	21	.	.	PUNCT
fbem-13203	52	1	control	control	PROPN
fbem-13203	52	2	variable	variable	ADJ
fbem-13203	52	3	financial	financial	ADJ
fbem-13203	52	4	leverage	leverage	NOUN
fbem-13203	52	5	ratio	ratio	NOUN
fbem-13203	52	6	finlev	finlev	ADJ
fbem-13203	52	7	debt	debt	NOUN
fbem-13203	52	8	-	-	PUNCT
fbem-13203	52	9	to	to	ADP
fbem-13203	52	10	-	-	PUNCT
fbem-13203	52	11	asset	asset	NOUN
fbem-13203	52	12	ratio	ratio	NOUN
fbem-13203	52	13	=	=	SYM
fbem-13203	52	14	total	total	ADJ
fbem-13203	52	15	liabilities	liability	NOUN
fbem-13203	52	16	/	/	SYM
fbem-13203	52	17	total	total	ADJ
fbem-13203	52	18	assets	asset	NOUN
fbem-13203	52	19	prudence	prudence	NOUN
fbem-13203	52	20	in	in	ADP
fbem-13203	52	21	business	business	NOUN
fbem-13203	52	22	accounting	accounting	NOUN
fbem-13203	52	23	information	information	NOUN
fbem-13203	52	24	disclosure	disclosure	NOUN
fbem-13203	52	25	sumbeta	sumbeta	VERB
fbem-13203	52	26	a	a	DET
fbem-13203	52	27	metric	metric	NOUN
fbem-13203	52	28	to	to	PART
fbem-13203	52	29	gauge	gauge	VERB
fbem-13203	52	30	the	the	DET
fbem-13203	52	31	prudence	prudence	NOUN
fbem-13203	52	32	in	in	ADP
fbem-13203	52	33	business	business	NOUN
fbem-13203	52	34	accounting	accounting	NOUN
fbem-13203	52	35	information	information	NOUN
fbem-13203	52	36	disclosure	disclosure	NOUN
fbem-13203	52	37	return	return	NOUN
fbem-13203	52	38	on	on	ADP
fbem-13203	52	39	assets	asset	NOUN
fbem-13203	52	40	roa	roa	PROPN
fbem-13203	52	41	total	total	ADJ
fbem-13203	52	42	net	net	ADJ
fbem-13203	52	43	assets	asset	NOUN
fbem-13203	52	44	margins	margin	NOUN
fbem-13203	52	45	=	=	SYM
fbem-13203	52	46	net	net	ADJ
fbem-13203	52	47	profit	profit	NOUN
fbem-13203	52	48	/	/	SYM
fbem-13203	52	49	total	total	ADJ
fbem-13203	52	50	assets	asset	NOUN
fbem-13203	52	51	auditor	auditor	NOUN
fbem-13203	52	52	’s	’s	PART
fbem-13203	52	53	opinion	opinion	NOUN
fbem-13203	52	54	on	on	ADP
fbem-13203	52	55	accounting	accounting	NOUN
fbem-13203	52	56	information	information	NOUN
fbem-13203	52	57	opinion	opinion	NOUN
fbem-13203	52	58	coded	code	VERB
fbem-13203	52	59	as	as	ADP
fbem-13203	52	60	1	1	NUM
fbem-13203	52	61	for	for	ADP
fbem-13203	52	62	a	a	DET
fbem-13203	52	63	standard	standard	ADJ
fbem-13203	52	64	unqualified	unqualified	ADJ
fbem-13203	52	65	audit	audit	NOUN
fbem-13203	52	66	report	report	NOUN
fbem-13203	52	67	;	;	PUNCT
fbem-13203	52	68	otherwise	otherwise	ADV
fbem-13203	52	69	,	,	PUNCT
fbem-13203	52	70	coded	code	VERB
fbem-13203	52	71	as	as	ADP
fbem-13203	52	72	0	0	NUM
fbem-13203	52	73	corporate	corporate	ADJ
fbem-13203	52	74	growth	growth	NOUN
fbem-13203	52	75	growth	growth	NOUN
fbem-13203	52	76	(	(	PUNCT
fbem-13203	52	77	current	current	ADJ
fbem-13203	52	78	year	year	NOUN
fbem-13203	52	79	’s	’s	PART
fbem-13203	52	80	revenue	revenue	NOUN
fbem-13203	52	81	previous	previous	ADJ
fbem-13203	52	82	year	year	NOUN
fbem-13203	52	83	’s	’s	PART
fbem-13203	52	84	revenue	revenue	NOUN
fbem-13203	52	85	)	)	PUNCT
fbem-13203	52	86	/	/	SYM
fbem-13203	52	87	previous	previous	ADJ
fbem-13203	52	88	year	year	NOUN
fbem-13203	52	89	’s	’s	PART
fbem-13203	52	90	revenue	revenue	NOUN
fbem-13203	52	91	company	company	NOUN
fbem-13203	52	92	size	size	NOUN
fbem-13203	52	93	size	size	NOUN
fbem-13203	52	94	natural	natural	ADJ
fbem-13203	52	95	logarithm	logarithm	NOUN
fbem-13203	52	96	of	of	ADP
fbem-13203	52	97	year	year	NOUN
fbem-13203	52	98	-	-	PUNCT
fbem-13203	52	99	end	end	NOUN
fbem-13203	52	100	total	total	ADJ
fbem-13203	52	101	assets	asset	NOUN
fbem-13203	52	102	for	for	ADP
fbem-13203	52	103	the	the	DET
fbem-13203	52	104	company	company	NOUN
fbem-13203	52	105	132	132	NUM
fbem-13203	52	106	(	(	PUNCT
fbem-13203	52	107	3	3	NUM
fbem-13203	52	108	)	)	PUNCT
fbem-13203	52	109	control	control	NOUN
fbem-13203	52	110	variable	variable	NOUN
fbem-13203	52	111	referring	refer	VERB
fbem-13203	52	112	to	to	ADP
fbem-13203	52	113	previous	previous	ADJ
fbem-13203	52	114	studies	study	NOUN
fbem-13203	52	115	on	on	ADP
fbem-13203	52	116	the	the	DET
fbem-13203	52	117	quality	quality	NOUN
fbem-13203	52	118	of	of	ADP
fbem-13203	52	119	accounting	accounting	NOUN
fbem-13203	52	120	information	information	NOUN
fbem-13203	52	121	disclosure	disclosure	NOUN
fbem-13203	53	1	[	[	X
fbem-13203	53	2	2	2	NUM
fbem-13203	53	3	,	,	PUNCT
fbem-13203	53	4	3	3	NUM
fbem-13203	53	5	]	]	PUNCT
fbem-13203	53	6	,	,	PUNCT
fbem-13203	53	7	this	this	DET
fbem-13203	53	8	paper	paper	NOUN
fbem-13203	53	9	selects	select	VERB
fbem-13203	53	10	the	the	DET
fbem-13203	53	11	following	follow	VERB
fbem-13203	53	12	control	control	NOUN
fbem-13203	53	13	variables	variable	NOUN
fbem-13203	53	14	:	:	PUNCT
fbem-13203	53	15	financial	financial	ADJ
fbem-13203	53	16	leverage	leverage	NOUN
fbem-13203	53	17	(	(	PUNCT
fbem-13203	53	18	finlev	finlev	NOUN
fbem-13203	53	19	)	)	PUNCT
fbem-13203	53	20	,	,	PUNCT
fbem-13203	53	21	company	company	NOUN
fbem-13203	53	22	size	size	NOUN
fbem-13203	53	23	(	(	PUNCT
fbem-13203	53	24	size	size	NOUN
fbem-13203	53	25	)	)	PUNCT
fbem-13203	53	26	,	,	PUNCT
fbem-13203	53	27	return	return	VERB
fbem-13203	53	28	on	on	ADP
fbem-13203	53	29	assets	asset	NOUN
fbem-13203	53	30	(	(	PUNCT
fbem-13203	53	31	roa	roa	NOUN
fbem-13203	53	32	)	)	PUNCT
fbem-13203	53	33	,	,	PUNCT
fbem-13203	53	34	prudence	prudence	NOUN
fbem-13203	53	35	in	in	ADP
fbem-13203	53	36	business	business	NOUN
fbem-13203	53	37	accounting	accounting	NOUN
fbem-13203	53	38	information	information	NOUN
fbem-13203	53	39	disclosure	disclosure	NOUN
fbem-13203	53	40	(	(	PUNCT
fbem-13203	53	41	ba	ba	PROPN
fbem-13203	53	42	)	)	PUNCT
fbem-13203	53	43	,	,	PUNCT
fbem-13203	53	44	auditor	auditor	NOUN
fbem-13203	53	45	’s	’s	PART
fbem-13203	53	46	opinion	opinion	NOUN
fbem-13203	53	47	on	on	ADP
fbem-13203	53	48	accounting	accounting	NOUN
fbem-13203	53	49	information	information	NOUN
fbem-13203	53	50	(	(	PUNCT
fbem-13203	53	51	opinion	opinion	NOUN
fbem-13203	53	52	)	)	PUNCT
fbem-13203	53	53	,	,	PUNCT
fbem-13203	53	54	and	and	CCONJ
fbem-13203	53	55	corporate	corporate	ADJ
fbem-13203	53	56	growth	growth	NOUN
fbem-13203	53	57	(	(	PUNCT
fbem-13203	53	58	growth	growth	NOUN
fbem-13203	53	59	)	)	PUNCT
fbem-13203	53	60	.	.	PUNCT
fbem-13203	54	1	4.2.2	4.2.2	X
fbem-13203	54	2	.	.	PUNCT
fbem-13203	54	3	model	model	NOUN
fbem-13203	54	4	setting	set	VERB
fbem-13203	54	5	this	this	DET
fbem-13203	54	6	paper	paper	NOUN
fbem-13203	54	7	has	have	AUX
fbem-13203	54	8	formulated	formulate	VERB
fbem-13203	54	9	the	the	DET
fbem-13203	54	10	following	follow	VERB
fbem-13203	54	11	empirical	empirical	ADJ
fbem-13203	54	12	model	model	NOUN
fbem-13203	54	13	to	to	PART
fbem-13203	54	14	verify	verify	VERB
fbem-13203	54	15	the	the	DET
fbem-13203	54	16	proposed	propose	VERB
fbem-13203	54	17	hypotheses	hypothesis	NOUN
fbem-13203	54	18	.	.	PUNCT
fbem-13203	55	1	model	model	NOUN
fbem-13203	55	2	:	:	PUNCT
fbem-13203	55	3	rank	rank	PROPN
fbem-13203	55	4	=	=	PRON
fbem-13203	55	5	β0+β1perk+β2size	β0+β1perk+β2size	PROPN
fbem-13203	56	1	+	+	NUM
fbem-13203	56	2	∑β3control	∑β3control	PROPN
fbem-13203	56	3	+	+	ADJ
fbem-13203	56	4	ε	ε	PROPN
fbem-13203	56	5	5	5	NUM
fbem-13203	56	6	.	.	PUNCT
fbem-13203	56	7	empirical	empirical	ADJ
fbem-13203	56	8	results	result	NOUN
fbem-13203	56	9	and	and	CCONJ
fbem-13203	56	10	analysis	analysis	NOUN
fbem-13203	56	11	5.1	5.1	NUM
fbem-13203	56	12	.	.	PUNCT
fbem-13203	57	1	descriptive	descriptive	ADJ
fbem-13203	57	2	analysis	analysis	NOUN
fbem-13203	57	3	the	the	DET
fbem-13203	57	4	descriptive	descriptive	ADJ
fbem-13203	57	5	statistics	statistic	NOUN
fbem-13203	57	6	of	of	ADP
fbem-13203	57	7	accounting	account	VERB
fbem-13203	57	8	information	information	NOUN
fbem-13203	57	9	disclosure	disclosure	NOUN
fbem-13203	57	10	quality	quality	NOUN
fbem-13203	57	11	for	for	ADP
fbem-13203	57	12	each	each	DET
fbem-13203	57	13	year	year	NOUN
fbem-13203	57	14	are	be	AUX
fbem-13203	57	15	displayed	display	VERB
fbem-13203	57	16	in	in	ADP
fbem-13203	57	17	table	table	NOUN
fbem-13203	57	18	4	4	NUM
fbem-13203	57	19	.	.	PUNCT
fbem-13203	58	1	it	it	PRON
fbem-13203	58	2	can	can	AUX
fbem-13203	58	3	be	be	AUX
fbem-13203	58	4	observed	observe	VERB
fbem-13203	58	5	that	that	SCONJ
fbem-13203	58	6	the	the	DET
fbem-13203	58	7	overall	overall	ADJ
fbem-13203	58	8	quality	quality	NOUN
fbem-13203	58	9	of	of	ADP
fbem-13203	58	10	accounting	accounting	NOUN
fbem-13203	58	11	information	information	NOUN
fbem-13203	58	12	disclosure	disclosure	NOUN
fbem-13203	58	13	by	by	ADP
fbem-13203	58	14	enterprises	enterprise	NOUN
fbem-13203	58	15	has	have	AUX
fbem-13203	58	16	shown	show	VERB
fbem-13203	58	17	a	a	DET
fbem-13203	58	18	steady	steady	ADJ
fbem-13203	58	19	upward	upward	ADJ
fbem-13203	58	20	trend	trend	NOUN
fbem-13203	58	21	,	,	PUNCT
fbem-13203	58	22	with	with	ADP
fbem-13203	58	23	increasing	increase	VERB
fbem-13203	58	24	stability	stability	NOUN
fbem-13203	58	25	year	year	NOUN
fbem-13203	58	26	by	by	ADP
fbem-13203	58	27	year	year	NOUN
fbem-13203	58	28	.	.	PUNCT
fbem-13203	59	1	this	this	PRON
fbem-13203	59	2	reflects	reflect	VERB
fbem-13203	59	3	an	an	DET
fbem-13203	59	4	enhanced	enhanced	ADJ
fbem-13203	59	5	awareness	awareness	NOUN
fbem-13203	59	6	of	of	ADP
fbem-13203	59	7	accounting	accounting	NOUN
fbem-13203	59	8	information	information	NOUN
fbem-13203	59	9	disclosure	disclosure	NOUN
fbem-13203	59	10	and	and	CCONJ
fbem-13203	59	11	intensified	intensify	VERB
fbem-13203	59	12	regulatory	regulatory	ADJ
fbem-13203	59	13	efforts	effort	NOUN
fbem-13203	59	14	in	in	ADP
fbem-13203	59	15	china	china	PROPN
fbem-13203	59	16	.	.	PUNCT
fbem-13203	60	1	from	from	ADP
fbem-13203	60	2	2018	2018	NUM
fbem-13203	60	3	to	to	ADP
fbem-13203	60	4	2019	2019	NUM
fbem-13203	60	5	,	,	PUNCT
fbem-13203	60	6	there	there	PRON
fbem-13203	60	7	was	be	VERB
fbem-13203	60	8	a	a	DET
fbem-13203	60	9	substantial	substantial	ADJ
fbem-13203	60	10	increase	increase	NOUN
fbem-13203	60	11	from	from	ADP
fbem-13203	60	12	1.812	1.812	NUM
fbem-13203	60	13	to	to	ADP
fbem-13203	60	14	1.912	1.912	NUM
fbem-13203	60	15	,	,	PUNCT
fbem-13203	60	16	representing	represent	VERB
fbem-13203	60	17	a	a	DET
fbem-13203	60	18	growth	growth	NOUN
fbem-13203	60	19	rate	rate	NOUN
fbem-13203	60	20	of	of	ADP
fbem-13203	60	21	6	6	NUM
fbem-13203	60	22	%	%	NOUN
fbem-13203	60	23	.	.	PUNCT
fbem-13203	61	1	there	there	PRON
fbem-13203	61	2	was	be	VERB
fbem-13203	61	3	a	a	DET
fbem-13203	61	4	slight	slight	ADJ
fbem-13203	61	5	decline	decline	NOUN
fbem-13203	61	6	in	in	ADP
fbem-13203	61	7	2020	2020	NUM
fbem-13203	61	8	and	and	CCONJ
fbem-13203	61	9	2021	2021	NUM
fbem-13203	61	10	,	,	PUNCT
fbem-13203	61	11	possibly	possibly	ADV
fbem-13203	61	12	due	due	ADP
fbem-13203	61	13	to	to	ADP
fbem-13203	61	14	the	the	DET
fbem-13203	61	15	impact	impact	NOUN
fbem-13203	61	16	of	of	ADP
fbem-13203	61	17	covid-19	covid-19	PROPN
fbem-13203	61	18	and	and	CCONJ
fbem-13203	61	19	the	the	DET
fbem-13203	61	20	global	global	ADJ
fbem-13203	61	21	economic	economic	ADJ
fbem-13203	61	22	downturn	downturn	NOUN
fbem-13203	61	23	.	.	PUNCT
fbem-13203	62	1	however	however	ADV
fbem-13203	62	2	,	,	PUNCT
fbem-13203	62	3	from	from	ADP
fbem-13203	62	4	2021	2021	NUM
fbem-13203	62	5	to	to	ADP
fbem-13203	62	6	2022	2022	NUM
fbem-13203	62	7	,	,	PUNCT
fbem-13203	62	8	there	there	PRON
fbem-13203	62	9	was	be	VERB
fbem-13203	62	10	a	a	DET
fbem-13203	62	11	substantial	substantial	ADJ
fbem-13203	62	12	increase	increase	NOUN
fbem-13203	62	13	from	from	ADP
fbem-13203	62	14	1.897	1.897	NUM
fbem-13203	62	15	to	to	ADP
fbem-13203	62	16	2.059	2.059	NUM
fbem-13203	62	17	,	,	PUNCT
fbem-13203	62	18	with	with	ADP
fbem-13203	62	19	a	a	DET
fbem-13203	62	20	remarkable	remarkable	ADJ
fbem-13203	62	21	growth	growth	NOUN
fbem-13203	62	22	rate	rate	NOUN
fbem-13203	62	23	of	of	ADP
fbem-13203	62	24	8	8	NUM
fbem-13203	62	25	%	%	NOUN
fbem-13203	62	26	.	.	PUNCT
fbem-13203	63	1	table	table	NOUN
fbem-13203	63	2	4	4	NUM
fbem-13203	63	3	.	.	PUNCT
fbem-13203	63	4	descriptive	descriptive	ADJ
fbem-13203	63	5	statistics	statistics	PROPN
fbem-13203	63	6	summary	summary	NOUN
fbem-13203	63	7	group	group	NOUN
fbem-13203	63	8	for	for	ADP
fbem-13203	63	9	variable	variable	ADJ
fbem-13203	63	10	variables	variable	NOUN
fbem-13203	63	11	rank	rank	ADJ
fbem-13203	63	12	year	year	NOUN
fbem-13203	63	13	mean	mean	NOUN
fbem-13203	63	14	sd	sd	ADP
fbem-13203	63	15	min	min	PROPN
fbem-13203	63	16	p25	p25	PROPN
fbem-13203	63	17	p50	p50	NOUN
fbem-13203	63	18	min	min	NOUN
fbem-13203	63	19	max	max	PROPN
fbem-13203	63	20	sd	sd	ADP
fbem-13203	63	21	2015	2015	NUM
fbem-13203	64	1	1.643	1.643	NUM
fbem-13203	64	2	0.554	0.554	NUM
fbem-13203	64	3	1	1	NUM
fbem-13203	64	4	1	1	NUM
fbem-13203	64	5	2	2	NUM
fbem-13203	64	6	1	1	NUM
fbem-13203	64	7	3	3	NUM
fbem-13203	64	8	0.554	0.554	NUM
fbem-13203	64	9	2016	2016	NUM
fbem-13203	64	10	1.850	1.850	NUM
fbem-13203	64	11	0.777	0.777	NUM
fbem-13203	64	12	1	1	NUM
fbem-13203	64	13	1	1	NUM
fbem-13203	64	14	2	2	NUM
fbem-13203	64	15	1	1	NUM
fbem-13203	64	16	4	4	NUM
fbem-13203	64	17	0.777	0.777	NUM
fbem-13203	64	18	2017	2017	NUM
fbem-13203	64	19	1.934	1.934	NUM
fbem-13203	64	20	0.750	0.750	NUM
fbem-13203	64	21	1	1	NUM
fbem-13203	64	22	1	1	NUM
fbem-13203	64	23	2	2	NUM
fbem-13203	64	24	1	1	NUM
fbem-13203	64	25	4	4	NUM
fbem-13203	64	26	0.750	0.750	NUM
fbem-13203	64	27	2018	2018	NUM
fbem-13203	64	28	1.812	1.812	NUM
fbem-13203	64	29	0.689	0.689	NUM
fbem-13203	64	30	1	1	NUM
fbem-13203	64	31	1	1	NUM
fbem-13203	64	32	2	2	NUM
fbem-13203	64	33	1	1	NUM
fbem-13203	64	34	4	4	NUM
fbem-13203	64	35	0.689	0.689	NUM
fbem-13203	64	36	2019	2019	NUM
fbem-13203	64	37	1.927	1.927	NUM
fbem-13203	64	38	0.684	0.684	NUM
fbem-13203	64	39	1	1	NUM
fbem-13203	64	40	2	2	NUM
fbem-13203	64	41	2	2	NUM
fbem-13203	64	42	1	1	NUM
fbem-13203	64	43	4	4	NUM
fbem-13203	64	44	0.684	0.684	NUM
fbem-13203	64	45	2020	2020	NUM
fbem-13203	65	1	1.889	1.889	NUM
fbem-13203	65	2	0.674	0.674	NUM
fbem-13203	65	3	1	1	NUM
fbem-13203	65	4	1	1	NUM
fbem-13203	65	5	2	2	NUM
fbem-13203	65	6	1	1	NUM
fbem-13203	65	7	4	4	NUM
fbem-13203	65	8	0.674	0.674	NUM
fbem-13203	65	9	2021	2021	NUM
fbem-13203	65	10	1.897	1.897	NUM
fbem-13203	65	11	0.685	0.685	NUM
fbem-13203	65	12	1	1	NUM
fbem-13203	65	13	1	1	NUM
fbem-13203	65	14	2	2	NUM
fbem-13203	65	15	1	1	NUM
fbem-13203	65	16	4	4	NUM
fbem-13203	65	17	0.685	0.685	NUM
fbem-13203	65	18	2022	2022	NUM
fbem-13203	65	19	2.059	2.059	NUM
fbem-13203	65	20	0.585	0.585	NUM
fbem-13203	65	21	1	1	NUM
fbem-13203	65	22	2	2	NUM
fbem-13203	65	23	2	2	NUM
fbem-13203	65	24	1	1	NUM
fbem-13203	65	25	3	3	NUM
fbem-13203	65	26	0.585	0.585	NUM
fbem-13203	65	27	total	total	ADJ
fbem-13203	65	28	1.889	1.889	NUM
fbem-13203	65	29	0.681	0.681	NUM
fbem-13203	65	30	1	1	NUM
fbem-13203	65	31	1	1	NUM
fbem-13203	65	32	2	2	NUM
fbem-13203	65	33	1	1	NUM
fbem-13203	65	34	4	4	NUM
fbem-13203	65	35	0.681	0.681	NUM
fbem-13203	66	1	the	the	DET
fbem-13203	66	2	descriptive	descriptive	ADJ
fbem-13203	66	3	statistical	statistical	ADJ
fbem-13203	66	4	results	result	NOUN
fbem-13203	66	5	for	for	ADP
fbem-13203	66	6	the	the	DET
fbem-13203	66	7	main	main	ADJ
fbem-13203	66	8	variables	variable	NOUN
fbem-13203	66	9	of	of	ADP
fbem-13203	66	10	this	this	DET
fbem-13203	66	11	study	study	NOUN
fbem-13203	66	12	are	be	AUX
fbem-13203	66	13	shown	show	VERB
fbem-13203	66	14	in	in	ADP
fbem-13203	66	15	table	table	NOUN
fbem-13203	66	16	5	5	NUM
fbem-13203	66	17	.	.	PUNCT
fbem-13203	66	18	from	from	ADP
fbem-13203	66	19	the	the	DET
fbem-13203	66	20	evaluation	evaluation	NOUN
fbem-13203	66	21	results	result	NOUN
fbem-13203	66	22	for	for	ADP
fbem-13203	66	23	each	each	DET
fbem-13203	66	24	year	year	NOUN
fbem-13203	66	25	,	,	PUNCT
fbem-13203	66	26	it	it	PRON
fbem-13203	66	27	is	be	AUX
fbem-13203	66	28	apparent	apparent	ADJ
fbem-13203	66	29	that	that	SCONJ
fbem-13203	66	30	the	the	DET
fbem-13203	66	31	quality	quality	NOUN
fbem-13203	66	32	of	of	ADP
fbem-13203	66	33	accounting	accounting	NOUN
fbem-13203	66	34	information	information	NOUN
fbem-13203	66	35	disclosure	disclosure	NOUN
fbem-13203	66	36	in	in	ADP
fbem-13203	66	37	china	china	PROPN
fbem-13203	66	38	is	be	AUX
fbem-13203	66	39	still	still	ADV
fbem-13203	66	40	not	not	PART
fbem-13203	66	41	at	at	ADP
fbem-13203	66	42	a	a	DET
fbem-13203	66	43	high	high	ADJ
fbem-13203	66	44	level	level	NOUN
fbem-13203	66	45	and	and	CCONJ
fbem-13203	66	46	faces	face	VERB
fbem-13203	66	47	considerable	considerable	ADJ
fbem-13203	66	48	challenges	challenge	NOUN
fbem-13203	66	49	.	.	PUNCT
fbem-13203	67	1	the	the	DET
fbem-13203	67	2	average	average	ADJ
fbem-13203	67	3	value	value	NOUN
fbem-13203	67	4	is	be	AUX
fbem-13203	67	5	1.889	1.889	NUM
fbem-13203	67	6	,	,	PUNCT
fbem-13203	67	7	which	which	PRON
fbem-13203	67	8	reflects	reflect	VERB
fbem-13203	67	9	that	that	SCONJ
fbem-13203	67	10	most	most	ADJ
fbem-13203	67	11	companies	company	NOUN
fbem-13203	67	12	in	in	ADP
fbem-13203	67	13	the	the	DET
fbem-13203	67	14	sample	sample	NOUN
fbem-13203	67	15	do	do	AUX
fbem-13203	67	16	not	not	PART
fbem-13203	67	17	meet	meet	VERB
fbem-13203	67	18	the	the	DET
fbem-13203	67	19	criteria	criterion	NOUN
fbem-13203	67	20	for	for	ADP
fbem-13203	67	21	qualified	qualified	ADJ
fbem-13203	67	22	accounting	accounting	NOUN
fbem-13203	67	23	information	information	NOUN
fbem-13203	67	24	quality	quality	NOUN
fbem-13203	67	25	.	.	PUNCT
fbem-13203	68	1	this	this	PRON
fbem-13203	68	2	underscores	underscore	VERB
fbem-13203	68	3	the	the	DET
fbem-13203	68	4	necessity	necessity	NOUN
fbem-13203	68	5	for	for	ADP
fbem-13203	68	6	enhanced	enhanced	ADJ
fbem-13203	68	7	regulatory	regulatory	ADJ
fbem-13203	68	8	oversight	oversight	NOUN
fbem-13203	68	9	in	in	ADP
fbem-13203	68	10	china	china	PROPN
fbem-13203	68	11	.	.	PUNCT
fbem-13203	69	1	however	however	ADV
fbem-13203	69	2	,	,	PUNCT
fbem-13203	69	3	in	in	ADP
fbem-13203	69	4	2022	2022	NUM
fbem-13203	69	5	,	,	PUNCT
fbem-13203	69	6	the	the	DET
fbem-13203	69	7	average	average	ADJ
fbem-13203	69	8	value	value	NOUN
fbem-13203	69	9	reached	reach	VERB
fbem-13203	69	10	2.069	2.069	NUM
fbem-13203	69	11	for	for	ADP
fbem-13203	69	12	the	the	DET
fbem-13203	69	13	first	first	ADJ
fbem-13203	69	14	time	time	NOUN
fbem-13203	69	15	,	,	PUNCT
fbem-13203	69	16	which	which	PRON
fbem-13203	69	17	means	mean	VERB
fbem-13203	69	18	that	that	SCONJ
fbem-13203	69	19	there	there	PRON
fbem-13203	69	20	has	have	AUX
fbem-13203	69	21	been	be	AUX
fbem-13203	69	22	notable	notable	ADJ
fbem-13203	69	23	progress	progress	NOUN
fbem-13203	69	24	in	in	ADP
fbem-13203	69	25	the	the	DET
fbem-13203	69	26	quality	quality	NOUN
fbem-13203	69	27	of	of	ADP
fbem-13203	69	28	accounting	accounting	NOUN
fbem-13203	69	29	information	information	NOUN
fbem-13203	69	30	disclosure	disclosure	NOUN
fbem-13203	69	31	by	by	ADP
fbem-13203	69	32	chinese	chinese	ADJ
fbem-13203	69	33	companies	company	NOUN
fbem-13203	69	34	.	.	PUNCT
fbem-13203	70	1	5.2	5.2	NUM
fbem-13203	70	2	.	.	PUNCT
fbem-13203	70	3	correlation	correlation	NOUN
fbem-13203	70	4	statistics	statistic	NOUN
fbem-13203	70	5	because	because	SCONJ
fbem-13203	70	6	the	the	DET
fbem-13203	70	7	dependent	dependent	ADJ
fbem-13203	70	8	variable	variable	ADJ
fbem-13203	70	9	rank	rank	NOUN
fbem-13203	70	10	is	be	AUX
fbem-13203	70	11	ordinal	ordinal	ADJ
fbem-13203	70	12	data	datum	NOUN
fbem-13203	70	13	,	,	PUNCT
fbem-13203	70	14	to	to	PART
fbem-13203	70	15	make	make	VERB
fbem-13203	70	16	the	the	DET
fbem-13203	70	17	statistical	statistical	ADJ
fbem-13203	70	18	results	result	NOUN
fbem-13203	70	19	more	more	ADV
fbem-13203	70	20	reliable	reliable	ADJ
fbem-13203	70	21	,	,	PUNCT
fbem-13203	70	22	the	the	DET
fbem-13203	70	23	spearman	spearman	NOUN
fbem-13203	70	24	method	method	NOUN
fbem-13203	70	25	was	be	AUX
fbem-13203	70	26	used	use	VERB
fbem-13203	70	27	to	to	PART
fbem-13203	70	28	test	test	VERB
fbem-13203	70	29	the	the	DET
fbem-13203	70	30	correlation	correlation	NOUN
fbem-13203	70	31	between	between	ADP
fbem-13203	70	32	variables	variable	NOUN
fbem-13203	70	33	,	,	PUNCT
fbem-13203	70	34	as	as	SCONJ
fbem-13203	70	35	shown	show	VERB
fbem-13203	70	36	in	in	ADP
fbem-13203	70	37	table	table	NOUN
fbem-13203	70	38	5	5	NUM
fbem-13203	70	39	.	.	PUNCT
fbem-13203	70	40	from	from	ADP
fbem-13203	70	41	table	table	NOUN
fbem-13203	70	42	5	5	NUM
fbem-13203	70	43	,	,	PUNCT
fbem-13203	70	44	it	it	PRON
fbem-13203	70	45	can	can	AUX
fbem-13203	70	46	be	be	AUX
fbem-13203	70	47	observed	observe	VERB
fbem-13203	70	48	that	that	SCONJ
fbem-13203	70	49	the	the	DET
fbem-13203	70	50	revision	revision	NOUN
fbem-13203	70	51	of	of	ADP
fbem-13203	70	52	the	the	DET
fbem-13203	70	53	new	new	ADJ
fbem-13203	70	54	“	"	PUNCT
fbem-13203	70	55	securities	security	NOUN
fbem-13203	70	56	law	law	NOUN
fbem-13203	70	57	”	"	PUNCT
fbem-13203	70	58	is	be	AUX
fbem-13203	70	59	positively	positively	ADV
fbem-13203	70	60	correlated	correlate	VERB
fbem-13203	70	61	with	with	ADP
fbem-13203	70	62	the	the	DET
fbem-13203	70	63	quality	quality	NOUN
fbem-13203	70	64	of	of	ADP
fbem-13203	70	65	accounting	accounting	NOUN
fbem-13203	70	66	information	information	NOUN
fbem-13203	70	67	disclosure	disclosure	NOUN
fbem-13203	70	68	,	,	PUNCT
fbem-13203	70	69	with	with	ADP
fbem-13203	70	70	a	a	DET
fbem-13203	70	71	correlation	correlation	NOUN
fbem-13203	70	72	coefficient	coefficient	NOUN
fbem-13203	70	73	of	of	ADP
fbem-13203	70	74	0.008	0.008	NUM
fbem-13203	70	75	,	,	PUNCT
fbem-13203	70	76	significant	significant	ADJ
fbem-13203	70	77	at	at	ADP
fbem-13203	70	78	the	the	DET
fbem-13203	70	79	1	1	NUM
fbem-13203	70	80	%	%	NOUN
fbem-13203	70	81	level	level	NOUN
fbem-13203	70	82	.	.	PUNCT
fbem-13203	71	1	the	the	DET
fbem-13203	71	2	revision	revision	NOUN
fbem-13203	71	3	of	of	ADP
fbem-13203	71	4	the	the	DET
fbem-13203	71	5	new	new	ADJ
fbem-13203	71	6	“	"	PUNCT
fbem-13203	71	7	securities	security	NOUN
fbem-13203	71	8	law	law	NOUN
fbem-13203	71	9	”	"	PUNCT
fbem-13203	71	10	is	be	AUX
fbem-13203	71	11	also	also	ADV
fbem-13203	71	12	positively	positively	ADV
fbem-13203	71	13	correlated	correlate	VERB
fbem-13203	71	14	with	with	ADP
fbem-13203	71	15	the	the	DET
fbem-13203	71	16	prudence	prudence	NOUN
fbem-13203	71	17	in	in	ADP
fbem-13203	71	18	accounting	accounting	NOUN
fbem-13203	71	19	information	information	NOUN
fbem-13203	71	20	,	,	PUNCT
fbem-13203	71	21	with	with	ADP
fbem-13203	71	22	a	a	DET
fbem-13203	71	23	correlation	correlation	NOUN
fbem-13203	71	24	coefficient	coefficient	NOUN
fbem-13203	71	25	of	of	ADP
fbem-13203	71	26	0.125	0.125	NUM
fbem-13203	71	27	,	,	PUNCT
fbem-13203	71	28	significant	significant	ADJ
fbem-13203	71	29	at	at	ADP
fbem-13203	71	30	the	the	DET
fbem-13203	71	31	1	1	NUM
fbem-13203	71	32	%	%	NOUN
fbem-13203	71	33	level	level	NOUN
fbem-13203	71	34	.	.	PUNCT
fbem-13203	72	1	the	the	DET
fbem-13203	72	2	hypothesis	hypothesis	NOUN
fbem-13203	72	3	q1	q1	PROPN
fbem-13203	72	4	has	have	AUX
fbem-13203	72	5	been	be	AUX
fbem-13203	72	6	preliminarily	preliminarily	ADV
fbem-13203	72	7	verified	verify	VERB
fbem-13203	72	8	.	.	PUNCT
fbem-13203	73	1	additionally	additionally	ADV
fbem-13203	73	2	,	,	PUNCT
fbem-13203	73	3	the	the	DET
fbem-13203	73	4	vif	vif	NOUN
fbem-13203	73	5	values	value	NOUN
fbem-13203	73	6	for	for	ADP
fbem-13203	73	7	all	all	DET
fbem-13203	73	8	variables	variable	NOUN
fbem-13203	73	9	are	be	AUX
fbem-13203	73	10	below	below	ADP
fbem-13203	73	11	10	10	NUM
fbem-13203	73	12	,	,	PUNCT
fbem-13203	73	13	indicating	indicate	VERB
fbem-13203	73	14	the	the	DET
fbem-13203	73	15	absence	absence	NOUN
fbem-13203	73	16	of	of	ADP
fbem-13203	73	17	serious	serious	ADJ
fbem-13203	73	18	multicollinearity	multicollinearity	NOUN
fbem-13203	73	19	problems	problem	NOUN
fbem-13203	73	20	among	among	ADP
fbem-13203	73	21	variables	variable	NOUN
fbem-13203	73	22	,	,	PUNCT
fbem-13203	73	23	allowing	allow	VERB
fbem-13203	73	24	for	for	ADP
fbem-13203	73	25	further	further	ADJ
fbem-13203	73	26	analysis	analysis	NOUN
fbem-13203	73	27	.	.	PUNCT
fbem-13203	74	1	table	table	NOUN
fbem-13203	74	2	5	5	NUM
fbem-13203	74	3	.	.	PUNCT
fbem-13203	75	1	correlation	correlation	NOUN
fbem-13203	75	2	analysis	analysis	NOUN
fbem-13203	75	3	perk	perk	NOUN
fbem-13203	75	4	rank	rank	NOUN
fbem-13203	75	5	finlev	finlev	PROPN
fbem-13203	75	6	sumbeta	sumbeta	PROPN
fbem-13203	75	7	roa	roa	PROPN
fbem-13203	75	8	opinion	opinion	NOUN
fbem-13203	75	9	gr	gr	NOUN
fbem-13203	75	10	size	size	NOUN
fbem-13203	75	11	perk	perk	NOUN
fbem-13203	75	12	1	1	NUM
fbem-13203	75	13	rank	rank	NOUN
fbem-13203	75	14	0.080	0.080	NUM
fbem-13203	75	15	*	*	PROPN
fbem-13203	75	16	*	*	PROPN
fbem-13203	75	17	1	1	NUM
fbem-13203	75	18	finleverag	finleverag	NOUN
fbem-13203	75	19	~	~	PROPN
fbem-13203	75	20	o	o	NOUN
fbem-13203	75	21	-0.150	-0.150	PUNCT
fbem-13203	76	1	*	*	PUNCT
fbem-13203	76	2	*	*	PUNCT
fbem-13203	76	3	*	*	NOUN
fbem-13203	76	4	-0.0160	-0.0160	NOUN
fbem-13203	76	5	1	1	NUM
fbem-13203	76	6	sumbeta	sumbeta	NOUN
fbem-13203	76	7	0.125	0.125	NUM
fbem-13203	76	8	*	*	PUNCT
fbem-13203	76	9	*	*	PUNCT
fbem-13203	76	10	*	*	PUNCT
fbem-13203	76	11	0.090	0.090	NUM
fbem-13203	76	12	*	*	PUNCT
fbem-13203	76	13	*	*	PUNCT
fbem-13203	77	1	*	*	PUNCT
fbem-13203	77	2	-0.0350	-0.0350	PROPN
fbem-13203	77	3	1	1	NUM
fbem-13203	77	4	roa	roa	NOUN
fbem-13203	77	5	0.077	0.077	NUM
fbem-13203	77	6	*	*	NOUN
fbem-13203	77	7	*	*	PUNCT
fbem-13203	77	8	-0.258	-0.258	PUNCT
fbem-13203	77	9	*	*	PUNCT
fbem-13203	77	10	*	*	PUNCT
fbem-13203	77	11	*	*	PUNCT
fbem-13203	77	12	-0.325	-0.325	PUNCT
fbem-13203	77	13	*	*	PUNCT
fbem-13203	77	14	*	*	PUNCT
fbem-13203	77	15	*	*	PUNCT
fbem-13203	77	16	0.00600	0.00600	NUM
fbem-13203	77	17	1	1	NUM
fbem-13203	77	18	opinion	opinion	NOUN
fbem-13203	77	19	0.086	0.086	NUM
fbem-13203	77	20	*	*	NOUN
fbem-13203	77	21	*	*	PUNCT
fbem-13203	77	22	-0.349	-0.349	PUNCT
fbem-13203	77	23	*	*	PUNCT
fbem-13203	77	24	*	*	PUNCT
fbem-13203	77	25	*	*	PUNCT
fbem-13203	77	26	-0.0120	-0.0120	NOUN
fbem-13203	77	27	0.0220	0.0220	NUM
fbem-13203	77	28	0.164	0.164	NUM
fbem-13203	77	29	*	*	NOUN
fbem-13203	77	30	*	*	PUNCT
fbem-13203	77	31	*	*	PUNCT
fbem-13203	77	32	1	1	NUM
fbem-13203	77	33	gr	gr	NOUN
fbem-13203	77	34	~	~	PROPN
fbem-13203	77	35	h	h	NOUN
fbem-13203	77	36	-0.0130	-0.0130	NOUN
fbem-13203	77	37	-0.0570	-0.0570	NOUN
fbem-13203	78	1	0.0410	0.0410	NUM
fbem-13203	78	2	-0.0330	-0.0330	NOUN
fbem-13203	78	3	0.191	0.191	NUM
fbem-13203	78	4	*	*	PUNCT
fbem-13203	78	5	*	*	PUNCT
fbem-13203	78	6	*	*	PUNCT
fbem-13203	78	7	0.0550	0.0550	NUM
fbem-13203	78	8	1	1	NUM
fbem-13203	78	9	size	size	NOUN
fbem-13203	78	10	-0.109	-0.109	NUM
fbem-13203	78	11	*	*	PUNCT
fbem-13203	78	12	*	*	PUNCT
fbem-13203	78	13	*	*	PUNCT
fbem-13203	78	14	-0.336	-0.336	PUNCT
fbem-13203	79	1	*	*	PUNCT
fbem-13203	80	1	*	*	PUNCT
fbem-13203	80	2	*	*	PUNCT
fbem-13203	80	3	0.512	0.512	NUM
fbem-13203	80	4	*	*	PUNCT
fbem-13203	80	5	*	*	PUNCT
fbem-13203	80	6	*	*	PUNCT
fbem-13203	80	7	-0.070	-0.070	PUNCT
fbem-13203	80	8	*	*	PUNCT
fbem-13203	80	9	*	*	NOUN
fbem-13203	80	10	0.0300	0.0300	NUM
fbem-13203	81	1	0.061	0.061	NUM
fbem-13203	81	2	*	*	PUNCT
fbem-13203	81	3	0.073	0.073	NUM
fbem-13203	81	4	*	*	PUNCT
fbem-13203	81	5	*	*	SYM
fbem-13203	81	6	1	1	NUM
fbem-13203	81	7	note	note	NOUN
fbem-13203	81	8	:	:	PUNCT
fbem-13203	81	9	*	*	PUNCT
fbem-13203	81	10	*	*	PUNCT
fbem-13203	81	11	and	and	CCONJ
fbem-13203	81	12	*	*	PUNCT
fbem-13203	81	13	*	*	PUNCT
fbem-13203	81	14	*	*	PUNCT
fbem-13203	81	15	indicate	indicate	VERB
fbem-13203	81	16	significance	significance	NOUN
fbem-13203	81	17	at	at	ADP
fbem-13203	81	18	the	the	DET
fbem-13203	81	19	5	5	NUM
fbem-13203	81	20	%	%	NOUN
fbem-13203	81	21	and	and	CCONJ
fbem-13203	81	22	1	1	NUM
fbem-13203	81	23	%	%	NOUN
fbem-13203	81	24	levels	level	NOUN
fbem-13203	81	25	,	,	PUNCT
fbem-13203	81	26	respectively	respectively	ADV
fbem-13203	81	27	.	.	PUNCT
fbem-13203	82	1	5.3	5.3	NUM
fbem-13203	82	2	.	.	PUNCT
fbem-13203	83	1	linear	linear	PROPN
fbem-13203	83	2	regression	regression	NOUN
fbem-13203	83	3	analysis	analysis	NOUN
fbem-13203	83	4	linear	linear	ADJ
fbem-13203	83	5	regression	regression	NOUN
fbem-13203	83	6	analysis	analysis	NOUN
fbem-13203	83	7	is	be	AUX
fbem-13203	83	8	performed	perform	VERB
fbem-13203	83	9	on	on	ADP
fbem-13203	83	10	the	the	DET
fbem-13203	83	11	variables	variable	NOUN
fbem-13203	83	12	,	,	PUNCT
fbem-13203	83	13	and	and	CCONJ
fbem-13203	83	14	the	the	DET
fbem-13203	83	15	results	result	NOUN
fbem-13203	83	16	are	be	AUX
fbem-13203	83	17	shown	show	VERB
fbem-13203	83	18	in	in	ADP
fbem-13203	83	19	table	table	NOUN
fbem-13203	83	20	6	6	NUM
fbem-13203	83	21	.	.	PUNCT
fbem-13203	84	1	firstly	firstly	ADV
fbem-13203	84	2	,	,	PUNCT
fbem-13203	84	3	the	the	DET
fbem-13203	84	4	overall	overall	ADJ
fbem-13203	84	5	model	model	NOUN
fbem-13203	84	6	is	be	AUX
fbem-13203	84	7	significant	significant	ADJ
fbem-13203	84	8	,	,	PUNCT
fbem-13203	84	9	with	with	ADP
fbem-13203	84	10	an	an	DET
fbem-13203	84	11	f	f	NOUN
fbem-13203	84	12	value	value	NOUN
fbem-13203	84	13	of	of	ADP
fbem-13203	84	14	0	0	NUM
fbem-13203	84	15	.	.	PUNCT
fbem-13203	85	1	secondly	secondly	ADV
fbem-13203	85	2	,	,	PUNCT
fbem-13203	85	3	the	the	DET
fbem-13203	85	4	regression	regression	NOUN
fbem-13203	85	5	results	result	NOUN
fbem-13203	85	6	indicate	indicate	VERB
fbem-13203	85	7	a	a	DET
fbem-13203	85	8	positive	positive	ADJ
fbem-13203	85	9	correlation	correlation	NOUN
fbem-13203	85	10	between	between	ADP
fbem-13203	85	11	perk	perk	NOUN
fbem-13203	85	12	and	and	CCONJ
fbem-13203	85	13	rank	rank	NOUN
fbem-13203	85	14	at	at	ADP
fbem-13203	85	15	a	a	DET
fbem-13203	85	16	significance	significance	NOUN
fbem-13203	85	17	level	level	NOUN
fbem-13203	85	18	of	of	ADP
fbem-13203	85	19	0.01	0.01	NUM
fbem-13203	85	20	.	.	PUNCT
fbem-13203	86	1	this	this	PRON
fbem-13203	86	2	suggests	suggest	VERB
fbem-13203	86	3	that	that	SCONJ
fbem-13203	86	4	the	the	DET
fbem-13203	86	5	revision	revision	NOUN
fbem-13203	86	6	of	of	ADP
fbem-13203	86	7	the	the	DET
fbem-13203	86	8	new	new	ADJ
fbem-13203	86	9	“	"	PUNCT
fbem-13203	86	10	securities	security	NOUN
fbem-13203	86	11	law	law	NOUN
fbem-13203	86	12	”	"	PUNCT
fbem-13203	86	13	is	be	AUX
fbem-13203	86	14	beneficial	beneficial	ADJ
fbem-13203	86	15	to	to	ADP
fbem-13203	86	16	the	the	DET
fbem-13203	86	17	133	133	NUM
fbem-13203	86	18	improvement	improvement	NOUN
fbem-13203	86	19	of	of	ADP
fbem-13203	86	20	the	the	DET
fbem-13203	86	21	quality	quality	NOUN
fbem-13203	86	22	of	of	ADP
fbem-13203	86	23	corporate	corporate	ADJ
fbem-13203	86	24	accounting	accounting	NOUN
fbem-13203	86	25	information	information	NOUN
fbem-13203	86	26	disclosure	disclosure	NOUN
fbem-13203	86	27	,	,	PUNCT
fbem-13203	86	28	thus	thus	ADV
fbem-13203	86	29	confirming	confirm	VERB
fbem-13203	86	30	hypothesis	hypothesis	NOUN
fbem-13203	86	31	q1	q1	NOUN
fbem-13203	86	32	.	.	PUNCT
fbem-13203	87	1	6	6	NUM
fbem-13203	87	2	.	.	X
fbem-13203	87	3	conclusion	conclusion	NOUN
fbem-13203	87	4	currently	currently	ADV
fbem-13203	87	5	,	,	PUNCT
fbem-13203	87	6	due	due	ADP
fbem-13203	87	7	to	to	ADP
fbem-13203	87	8	the	the	DET
fbem-13203	87	9	frequent	frequent	ADJ
fbem-13203	87	10	occurrence	occurrence	NOUN
fbem-13203	87	11	of	of	ADP
fbem-13203	87	12	corporate	corporate	ADJ
fbem-13203	87	13	fraud	fraud	NOUN
fbem-13203	87	14	cases	case	NOUN
fbem-13203	87	15	,	,	PUNCT
fbem-13203	87	16	the	the	DET
fbem-13203	87	17	disclosure	disclosure	NOUN
fbem-13203	87	18	of	of	ADP
fbem-13203	87	19	accounting	accounting	NOUN
fbem-13203	87	20	information	information	NOUN
fbem-13203	87	21	by	by	ADP
fbem-13203	87	22	companies	company	NOUN
fbem-13203	87	23	has	have	AUX
fbem-13203	87	24	become	become	VERB
fbem-13203	87	25	a	a	DET
fbem-13203	87	26	focal	focal	ADJ
fbem-13203	87	27	point	point	NOUN
fbem-13203	87	28	of	of	ADP
fbem-13203	87	29	academic	academic	ADJ
fbem-13203	87	30	research	research	NOUN
fbem-13203	87	31	.	.	PUNCT
fbem-13203	88	1	therefore	therefore	ADV
fbem-13203	88	2	,	,	PUNCT
fbem-13203	88	3	the	the	DET
fbem-13203	88	4	question	question	NOUN
fbem-13203	88	5	of	of	ADP
fbem-13203	88	6	how	how	SCONJ
fbem-13203	88	7	to	to	PART
fbem-13203	88	8	improve	improve	VERB
fbem-13203	88	9	the	the	DET
fbem-13203	88	10	quality	quality	NOUN
fbem-13203	88	11	of	of	ADP
fbem-13203	88	12	accounting	accounting	NOUN
fbem-13203	88	13	information	information	NOUN
fbem-13203	88	14	disclosure	disclosure	NOUN
fbem-13203	88	15	by	by	ADP
fbem-13203	88	16	enterprises	enterprise	NOUN
fbem-13203	88	17	has	have	AUX
fbem-13203	88	18	garnered	garner	VERB
fbem-13203	88	19	widespread	widespread	ADJ
fbem-13203	88	20	attention	attention	NOUN
fbem-13203	88	21	.	.	PUNCT
fbem-13203	89	1	this	this	DET
fbem-13203	89	2	paper	paper	NOUN
fbem-13203	89	3	takes	take	VERB
fbem-13203	89	4	the	the	DET
fbem-13203	89	5	revision	revision	NOUN
fbem-13203	89	6	of	of	ADP
fbem-13203	89	7	the	the	DET
fbem-13203	89	8	new	new	ADJ
fbem-13203	89	9	“	"	PUNCT
fbem-13203	89	10	securities	security	NOUN
fbem-13203	89	11	law	law	NOUN
fbem-13203	89	12	”	"	PUNCT
fbem-13203	89	13	as	as	ADP
fbem-13203	89	14	the	the	DET
fbem-13203	89	15	starting	starting	NOUN
fbem-13203	89	16	point	point	NOUN
fbem-13203	89	17	,	,	PUNCT
fbem-13203	89	18	employs	employ	VERB
fbem-13203	89	19	data	datum	NOUN
fbem-13203	89	20	of	of	ADP
fbem-13203	89	21	listed	list	VERB
fbem-13203	89	22	companies	company	NOUN
fbem-13203	89	23	from	from	ADP
fbem-13203	89	24	2015	2015	NUM
fbem-13203	89	25	to	to	ADP
fbem-13203	89	26	2022	2022	NUM
fbem-13203	89	27	sourced	source	VERB
fbem-13203	89	28	from	from	ADP
fbem-13203	89	29	the	the	DET
fbem-13203	89	30	csmar	csmar	PROPN
fbem-13203	89	31	database	database	NOUN
fbem-13203	89	32	,	,	PUNCT
fbem-13203	89	33	and	and	CCONJ
fbem-13203	89	34	adopts	adopt	VERB
fbem-13203	89	35	a	a	DET
fbem-13203	89	36	linear	linear	ADJ
fbem-13203	89	37	regression	regression	NOUN
fbem-13203	89	38	model	model	NOUN
fbem-13203	89	39	to	to	PART
fbem-13203	89	40	study	study	VERB
fbem-13203	89	41	the	the	DET
fbem-13203	89	42	impact	impact	NOUN
fbem-13203	89	43	of	of	ADP
fbem-13203	89	44	perks	perk	NOUN
fbem-13203	89	45	on	on	ADP
fbem-13203	89	46	rank	rank	NOUN
fbem-13203	89	47	.	.	PUNCT
fbem-13203	90	1	the	the	DET
fbem-13203	90	2	study	study	NOUN
fbem-13203	90	3	findings	finding	NOUN
fbem-13203	90	4	are	be	AUX
fbem-13203	90	5	as	as	SCONJ
fbem-13203	90	6	follows	follow	VERB
fbem-13203	90	7	:	:	PUNCT
fbem-13203	90	8	the	the	DET
fbem-13203	90	9	revision	revision	NOUN
fbem-13203	90	10	of	of	ADP
fbem-13203	90	11	the	the	DET
fbem-13203	90	12	new	new	ADJ
fbem-13203	90	13	“	"	PUNCT
fbem-13203	90	14	securities	security	NOUN
fbem-13203	90	15	law	law	NOUN
fbem-13203	90	16	”	"	PUNCT
fbem-13203	90	17	is	be	AUX
fbem-13203	90	18	beneficial	beneficial	ADJ
fbem-13203	90	19	to	to	ADP
fbem-13203	90	20	the	the	DET
fbem-13203	90	21	quality	quality	NOUN
fbem-13203	90	22	of	of	ADP
fbem-13203	90	23	accounting	accounting	NOUN
fbem-13203	90	24	information	information	NOUN
fbem-13203	90	25	disclosure	disclosure	NOUN
fbem-13203	90	26	,	,	PUNCT
fbem-13203	90	27	confirming	confirm	VERB
fbem-13203	90	28	the	the	DET
fbem-13203	90	29	experimental	experimental	ADJ
fbem-13203	90	30	hypothesis	hypothesis	NOUN
fbem-13203	90	31	q1	q1	PROPN
fbem-13203	90	32	.	.	PUNCT
fbem-13203	91	1	this	this	PRON
fbem-13203	91	2	implies	imply	VERB
fbem-13203	91	3	that	that	SCONJ
fbem-13203	91	4	the	the	DET
fbem-13203	91	5	revisions	revision	NOUN
fbem-13203	91	6	introduced	introduce	VERB
fbem-13203	91	7	by	by	ADP
fbem-13203	91	8	the	the	DET
fbem-13203	91	9	new	new	ADJ
fbem-13203	91	10	“	"	PUNCT
fbem-13203	91	11	securities	security	NOUN
fbem-13203	91	12	law	law	NOUN
fbem-13203	91	13	”	"	PUNCT
fbem-13203	91	14	,	,	PUNCT
fbem-13203	91	15	through	through	ADP
fbem-13203	91	16	a	a	DET
fbem-13203	91	17	series	series	NOUN
fbem-13203	91	18	of	of	ADP
fbem-13203	91	19	measures	measure	NOUN
fbem-13203	91	20	,	,	PUNCT
fbem-13203	91	21	have	have	AUX
fbem-13203	91	22	effectively	effectively	ADV
fbem-13203	91	23	improved	improve	VERB
fbem-13203	91	24	the	the	DET
fbem-13203	91	25	quality	quality	NOUN
fbem-13203	91	26	of	of	ADP
fbem-13203	91	27	accounting	accounting	NOUN
fbem-13203	91	28	information	information	NOUN
fbem-13203	91	29	disclosure	disclosure	NOUN
fbem-13203	91	30	.	.	PUNCT
fbem-13203	92	1	therefore	therefore	ADV
fbem-13203	92	2	,	,	PUNCT
fbem-13203	92	3	the	the	DET
fbem-13203	92	4	direction	direction	NOUN
fbem-13203	92	5	in	in	ADP
fbem-13203	92	6	amending	amend	VERB
fbem-13203	92	7	the	the	DET
fbem-13203	92	8	management	management	NOUN
fbem-13203	92	9	of	of	ADP
fbem-13203	92	10	accounting	accounting	NOUN
fbem-13203	92	11	information	information	NOUN
fbem-13203	92	12	disclosure	disclosure	NOUN
fbem-13203	92	13	quality	quality	NOUN
fbem-13203	92	14	in	in	ADP
fbem-13203	92	15	new	new	ADJ
fbem-13203	92	16	“	"	PUNCT
fbem-13203	92	17	securities	security	NOUN
fbem-13203	92	18	law	law	NOUN
fbem-13203	92	19	”	"	PUNCT
fbem-13203	92	20	is	be	AUX
fbem-13203	92	21	deemed	deem	VERB
fbem-13203	92	22	appropriate	appropriate	ADJ
fbem-13203	92	23	.	.	PUNCT
fbem-13203	93	1	in	in	ADP
fbem-13203	93	2	this	this	DET
fbem-13203	93	3	regard	regard	NOUN
fbem-13203	93	4	,	,	PUNCT
fbem-13203	93	5	there	there	PRON
fbem-13203	93	6	lies	lie	VERB
fbem-13203	93	7	the	the	DET
fbem-13203	93	8	potential	potential	NOUN
fbem-13203	93	9	for	for	ADP
fbem-13203	93	10	further	further	ADJ
fbem-13203	93	11	enhancements	enhancement	NOUN
fbem-13203	93	12	in	in	ADP
fbem-13203	93	13	regulatory	regulatory	ADJ
fbem-13203	93	14	oversight	oversight	NOUN
fbem-13203	93	15	.	.	PUNCT
fbem-13203	94	1	table	table	NOUN
fbem-13203	94	2	6	6	NUM
fbem-13203	94	3	.	.	PUNCT
fbem-13203	95	1	regression	regression	VERB
fbem-13203	95	2	analysis	analysis	NOUN
fbem-13203	95	3	source	source	NOUN
fbem-13203	95	4	ss	ss	PROPN
fbem-13203	95	5	df	df	PROPN
fbem-13203	95	6	ms	ms	NOUN
fbem-13203	95	7	number	number	NOUN
fbem-13203	95	8	of	of	ADP
fbem-13203	95	9	obs	obs	PROPN
fbem-13203	95	10	=	=	SYM
fbem-13203	95	11	822	822	NUM
fbem-13203	95	12	model	model	NOUN
fbem-13203	95	13	107.8	107.8	NUM
fbem-13203	95	14	7	7	NUM
fbem-13203	95	15	15.39	15.39	NUM
fbem-13203	95	16	prob	prob	NOUN
fbem-13203	95	17	>	>	X
fbem-13203	95	18	f	f	PROPN
fbem-13203	95	19	=	=	SYM
fbem-13203	95	20	0	0	PROPN
fbem-13203	95	21	residual	residual	ADJ
fbem-13203	95	22	273.2	273.2	NUM
fbem-13203	95	23	814	814	NUM
fbem-13203	95	24	0.336	0.336	NUM
fbem-13203	95	25	r	r	NOUN
fbem-13203	95	26	-	-	PUNCT
fbem-13203	95	27	squared	square	VERB
fbem-13203	95	28	=	=	NOUN
fbem-13203	95	29	0.283	0.283	NUM
fbem-13203	95	30	total	total	NOUN
fbem-13203	95	31	380.9	380.9	NUM
fbem-13203	95	32	821	821	NUM
fbem-13203	95	33	0.464	0.464	NUM
fbem-13203	95	34	root	root	NOUN
fbem-13203	95	35	mse	mse	NOUN
fbem-13203	95	36	=	=	PUNCT
fbem-13203	95	37	0.579	0.579	NUM
fbem-13203	95	38	rank	rank	NOUN
fbem-13203	95	39	coefficient	coefficient	NOUN
fbem-13203	95	40	std	std	PROPN
fbem-13203	95	41	.	.	PUNCT
fbem-13203	96	1	err	err	NOUN
fbem-13203	96	2	.	.	PUNCT
fbem-13203	97	1	0.0437	0.0437	NUM
fbem-13203	97	2	0.128	0.128	NUM
fbem-13203	97	3	0.0303	0.0303	NUM
fbem-13203	97	4	0.601	0.601	NUM
fbem-13203	97	5	0.101	0.101	NUM
fbem-13203	97	6	0.0652	0.0652	NUM
fbem-13203	97	7	0.0165	0.0165	NUM
fbem-13203	97	8	0.355	0.355	NUM
fbem-13203	97	9	t	t	NOUN
fbem-13203	97	10	p>|t|	p>|t|	NOUN
fbem-13203	97	11	95	95	NUM
fbem-13203	97	12	%	%	NOUN
fbem-13203	97	13	conf	conf	NOUN
fbem-13203	97	14	.	.	PUNCT
fbem-13203	98	1	interval	interval	NOUN
fbem-13203	98	2	perk	perk	NOUN
fbem-13203	98	3	0.131	0.131	NUM
fbem-13203	98	4	2.990	2.990	NUM
fbem-13203	98	5	0.00300	0.00300	NUM
fbem-13203	98	6	0.0448	0.0448	NUM
fbem-13203	98	7	0.216	0.216	NUM
fbem-13203	98	8	finleverageratio	finleverageratio	NOUN
fbem-13203	98	9	0.437	0.437	NUM
fbem-13203	98	10	3.410	3.410	NUM
fbem-13203	98	11	0.00100	0.00100	NUM
fbem-13203	98	12	0.186	0.186	NUM
fbem-13203	98	13	0.688	0.688	NUM
fbem-13203	98	14	sumbeta	sumbeta	NOUN
fbem-13203	98	15	0.0672	0.0672	NUM
fbem-13203	98	16	2.220	2.220	NUM
fbem-13203	98	17	0.0270	0.0270	NUM
fbem-13203	98	18	0.00776	0.00776	NUM
fbem-13203	98	19	0.127	0.127	NUM
fbem-13203	98	20	average	average	ADJ
fbem-13203	98	21	roa	roa	NOUN
fbem-13203	98	22	-2.948	-2.948	PROPN
fbem-13203	98	23	-4.910	-4.910	PUNCT
fbem-13203	98	24	0	0	NUM
fbem-13203	98	25	-4.127	-4.127	NOUN
fbem-13203	98	26	-1.769	-1.769	NOUN
fbem-13203	98	27	opinion	opinion	NOUN
fbem-13203	98	28	-1.026	-1.026	PUNCT
fbem-13203	98	29	-10.20	-10.20	SYM
fbem-13203	98	30	0	0	NUM
fbem-13203	98	31	-1.224	-1.224	NUM
fbem-13203	98	32	-0.829	-0.829	PUNCT
fbem-13203	98	33	average	average	ADJ
fbem-13203	98	34	growth	growth	NOUN
fbem-13203	98	35	0.0340	0.0340	NUM
fbem-13203	98	36	0.520	0.520	NUM
fbem-13203	98	37	0.603	0.603	NUM
fbem-13203	98	38	-0.0941	-0.0941	NOUN
fbem-13203	98	39	0.162	0.162	NUM
fbem-13203	98	40	average	average	ADJ
fbem-13203	98	41	size	size	NOUN
fbem-13203	98	42	-0.169	-0.169	PUNCT
fbem-13203	98	43	-10.21	-10.21	INTJ
fbem-13203	98	44	0	0	NUM
fbem-13203	98	45	-0.201	-0.201	NUM
fbem-13203	98	46	-0.136	-0.136	PUNCT
fbem-13203	98	47	cons	con	NOUN
fbem-13203	98	48	6.457	6.457	NUM
fbem-13203	98	49	18.21	18.21	NUM
fbem-13203	98	50	0	0	NUM
fbem-13203	98	51	5.761	5.761	NUM
fbem-13203	98	52	7.153	7.153	NUM
fbem-13203	98	53	references	reference	NOUN
fbem-13203	98	54	[	[	X
fbem-13203	98	55	1	1	NUM
fbem-13203	98	56	]	]	X
fbem-13203	98	57	wei	wei	PROPN
fbem-13203	98	58	,	,	PUNCT
fbem-13203	98	59	s.y	s.y	PROPN
fbem-13203	98	60	.	.	PROPN
fbem-13203	99	1	(	(	PUNCT
fbem-13203	99	2	2019	2019	NUM
fbem-13203	99	3	)	)	PUNCT
fbem-13203	99	4	thoughts	thought	NOUN
fbem-13203	99	5	on	on	ADP
fbem-13203	99	6	improving	improve	VERB
fbem-13203	99	7	the	the	DET
fbem-13203	99	8	quality	quality	NOUN
fbem-13203	99	9	of	of	ADP
fbem-13203	99	10	accounting	accounting	NOUN
fbem-13203	99	11	information	information	NOUN
fbem-13203	99	12	disclosure	disclosure	NOUN
fbem-13203	99	13	by	by	ADP
fbem-13203	99	14	listed	list	VERB
fbem-13203	99	15	companies	company	NOUN
fbem-13203	99	16	—	—	PUNCT
fbem-13203	99	17	from	from	ADP
fbem-13203	99	18	the	the	DET
fbem-13203	99	19	perspectives	perspective	NOUN
fbem-13203	99	20	of	of	ADP
fbem-13203	99	21	corporate	corporate	ADJ
fbem-13203	99	22	governance	governance	NOUN
fbem-13203	99	23	,	,	PUNCT
fbem-13203	99	24	internal	internal	ADJ
fbem-13203	99	25	control	control	NOUN
fbem-13203	99	26	,	,	PUNCT
fbem-13203	99	27	and	and	CCONJ
fbem-13203	99	28	internal	internal	ADJ
fbem-13203	99	29	audit	audit	NOUN
fbem-13203	99	30	.	.	PUNCT
fbem-13203	100	1	accounting	accounting	NOUN
fbem-13203	100	2	research	research	NOUN
fbem-13203	100	3	,	,	PUNCT
fbem-13203	100	4	(	(	PUNCT
fbem-13203	100	5	33):134136	33):134136	NUM
fbem-13203	100	6	.	.	PUNCT
fbem-13203	101	1	[	[	X
fbem-13203	101	2	2	2	NUM
fbem-13203	101	3	]	]	SYM
fbem-13203	101	4	yao	yao	NOUN
fbem-13203	101	5	,	,	PUNCT
fbem-13203	101	6	h.x	h.x	PROPN
fbem-13203	101	7	.	.	PROPN
fbem-13203	101	8	,	,	PUNCT
fbem-13203	101	9	leng	leng	PROPN
fbem-13203	101	10	,	,	PUNCT
fbem-13203	101	11	j.	j.	PROPN
fbem-13203	101	12	(	(	PUNCT
fbem-13203	101	13	2016	2016	NUM
fbem-13203	101	14	)	)	PUNCT
fbem-13203	101	15	internal	internal	ADJ
fbem-13203	101	16	control	control	NOUN
fbem-13203	101	17	,	,	PUNCT
fbem-13203	101	18	external	external	ADJ
fbem-13203	101	19	supervision	supervision	NOUN
fbem-13203	101	20	and	and	CCONJ
fbem-13203	101	21	acounting	acounte	VERB
fbem-13203	101	22	information	information	NOUN
fbem-13203	101	23	disclosure	disclosure	NOUN
fbem-13203	101	24	quality	quality	NOUN
fbem-13203	101	25	of	of	ADP
fbem-13203	101	26	listed	list	VERB
fbem-13203	101	27	companies	company	NOUN
fbem-13203	101	28	—	—	PUNCT
fbem-13203	101	29	based	base	VERB
fbem-13203	101	30	on	on	ADP
fbem-13203	101	31	the	the	DET
fbem-13203	101	32	game	game	NOUN
fbem-13203	101	33	theory	theory	NOUN
fbem-13203	101	34	.	.	PUNCT
fbem-13203	102	1	journal	journal	PROPN
fbem-13203	102	2	of	of	ADP
fbem-13203	102	3	northeastern	northeastern	ADJ
fbem-13203	102	4	university	university	PROPN
fbem-13203	102	5	(	(	PUNCT
fbem-13203	102	6	social	social	ADJ
fbem-13203	102	7	science	science	NOUN
fbem-13203	102	8	)	)	PUNCT
fbem-13203	102	9	,	,	PUNCT
fbem-13203	102	10	18(03):247	18(03):247	NUM
fbem-13203	102	11	-	-	SYM
fbem-13203	102	12	254	254	NUM
fbem-13203	102	13	.	.	PUNCT
fbem-13203	103	1	[	[	X
fbem-13203	103	2	3	3	NUM
fbem-13203	103	3	]	]	X
fbem-13203	103	4	ren	ren	PROPN
fbem-13203	103	5	,	,	PUNCT
fbem-13203	103	6	h.z	h.z	PROPN
fbem-13203	103	7	.	.	PROPN
fbem-13203	103	8	,	,	PUNCT
fbem-13203	103	9	zhu	zhu	PROPN
fbem-13203	103	10	,	,	PUNCT
fbem-13203	103	11	m.y	m.y	PROPN
fbem-13203	103	12	.	.	PROPN
fbem-13203	103	13	,	,	PUNCT
fbem-13203	103	14	zhang	zhang	PROPN
fbem-13203	103	15	,	,	PUNCT
fbem-13203	103	16	h.w	h.w	PROPN
fbem-13203	103	17	.	.	PUNCT
fbem-13203	103	18	(	(	PUNCT
fbem-13203	103	19	2022	2022	NUM
fbem-13203	103	20	)	)	PUNCT
fbem-13203	103	21	influence	influence	NOUN
fbem-13203	103	22	of	of	ADP
fbem-13203	103	23	heterogeneity	heterogeneity	NOUN
fbem-13203	103	24	of	of	ADP
fbem-13203	103	25	investment	investment	NOUN
fbem-13203	103	26	subject	subject	NOUN
fbem-13203	103	27	on	on	ADP
fbem-13203	103	28	the	the	DET
fbem-13203	103	29	accounting	accounting	NOUN
fbem-13203	103	30	information	information	NOUN
fbem-13203	103	31	quality	quality	NOUN
fbem-13203	103	32	disclosure	disclosure	NOUN
fbem-13203	103	33	of	of	ADP
fbem-13203	103	34	listed	list	VERB
fbem-13203	103	35	companies	company	NOUN
fbem-13203	103	36	.	.	PUNCT
fbem-13203	104	1	journal	journal	PROPN
fbem-13203	104	2	of	of	ADP
fbem-13203	104	3	liaoning	liaoning	PROPN
fbem-13203	104	4	technical	technical	PROPN
fbem-13203	104	5	university	university	PROPN
fbem-13203	104	6	(	(	PUNCT
fbem-13203	104	7	social	social	ADJ
fbem-13203	104	8	science	science	NOUN
fbem-13203	104	9	edition	edition	NOUN
fbem-13203	104	10	)	)	PUNCT
fbem-13203	104	11	,	,	PUNCT
fbem-13203	104	12	24(6):401	24(6):401	NOUN
fbem-13203	104	13	-	-	SYM
fbem-13203	104	14	409	409	NUM
fbem-13203	104	15	.	.	PUNCT