id	sid	tid	token	lemma	pos
fbem-16438	1	1	frontiers	frontier	NOUN
fbem-16438	1	2	in	in	ADP
fbem-16438	1	3	business	business	NOUN
fbem-16438	1	4	,	,	PUNCT
fbem-16438	1	5	economics	economic	NOUN
fbem-16438	1	6	and	and	CCONJ
fbem-16438	1	7	management	management	NOUN
fbem-16438	1	8	issn	issn	PROPN
fbem-16438	1	9	:	:	PUNCT
fbem-16438	1	10	2766	2766	NUM
fbem-16438	1	11	-	-	PUNCT
fbem-16438	1	12	824x	824x	NUM
fbem-16438	1	13	|	|	ADJ
fbem-16438	1	14	vol	vol	NOUN
fbem-16438	1	15	.	.	PROPN
fbem-16438	1	16	13	13	NUM
fbem-16438	1	17	,	,	PUNCT
fbem-16438	1	18	no	no	INTJ
fbem-16438	1	19	.	.	NOUN
fbem-16438	1	20	1	1	NUM
fbem-16438	1	21	,	,	PUNCT
fbem-16438	1	22	2024	2024	NUM
fbem-16438	1	23	40	40	NUM
fbem-16438	1	24	media‐linked	media‐linked	ADJ
fbem-16438	1	25	directors	director	NOUN
fbem-16438	1	26	and	and	CCONJ
fbem-16438	1	27	financing	financing	NOUN
fbem-16438	1	28	options	option	NOUN
fbem-16438	2	1	xiaoxia	xiaoxia	PROPN
fbem-16438	2	2	pi	pi	PROPN
fbem-16438	2	3	school	school	PROPN
fbem-16438	2	4	of	of	ADP
fbem-16438	2	5	business	business	NOUN
fbem-16438	2	6	,	,	PUNCT
fbem-16438	2	7	nanjing	nanjing	PROPN
fbem-16438	2	8	normal	normal	ADJ
fbem-16438	2	9	university	university	PROPN
fbem-16438	2	10	,	,	PUNCT
fbem-16438	2	11	nanjing	nanjing	PROPN
fbem-16438	2	12	,	,	PUNCT
fbem-16438	2	13	china	china	PROPN
fbem-16438	2	14	abstract	abstract	NOUN
fbem-16438	2	15	:	:	PUNCT
fbem-16438	2	16	this	this	DET
fbem-16438	2	17	paper	paper	NOUN
fbem-16438	2	18	examines	examine	VERB
fbem-16438	2	19	the	the	DET
fbem-16438	2	20	impact	impact	NOUN
fbem-16438	2	21	of	of	ADP
fbem-16438	2	22	media	medium	NOUN
fbem-16438	2	23	-	-	PUNCT
fbem-16438	2	24	affiliated	affiliate	VERB
fbem-16438	2	25	directors	director	NOUN
fbem-16438	2	26	on	on	ADP
fbem-16438	2	27	the	the	DET
fbem-16438	2	28	choice	choice	NOUN
fbem-16438	2	29	of	of	ADP
fbem-16438	2	30	financing	financing	NOUN
fbem-16438	2	31	methods	method	NOUN
fbem-16438	2	32	using	use	VERB
fbem-16438	2	33	data	datum	NOUN
fbem-16438	2	34	from	from	ADP
fbem-16438	2	35	ashare	ashare	NOUN
fbem-16438	2	36	listed	list	VERB
fbem-16438	2	37	companies	company	NOUN
fbem-16438	2	38	in	in	ADP
fbem-16438	2	39	shanghai	shanghai	PROPN
fbem-16438	2	40	and	and	CCONJ
fbem-16438	2	41	shenzhen	shenzhen	PROPN
fbem-16438	2	42	between	between	ADP
fbem-16438	2	43	2010	2010	NUM
fbem-16438	2	44	and	and	CCONJ
fbem-16438	2	45	2021	2021	NUM
fbem-16438	2	46	as	as	ADP
fbem-16438	2	47	a	a	DET
fbem-16438	2	48	sample	sample	NOUN
fbem-16438	2	49	.	.	PUNCT
fbem-16438	3	1	the	the	DET
fbem-16438	3	2	empirical	empirical	ADJ
fbem-16438	3	3	findings	finding	NOUN
fbem-16438	3	4	are	be	AUX
fbem-16438	3	5	:	:	PUNCT
fbem-16438	3	6	mediaaffiliated	mediaaffiliate	VERB
fbem-16438	3	7	directors	director	NOUN
fbem-16438	3	8	positively	positively	ADV
fbem-16438	3	9	affect	affect	VERB
fbem-16438	3	10	a	a	DET
fbem-16438	3	11	company	company	NOUN
fbem-16438	3	12	's	's	PART
fbem-16438	3	13	choice	choice	NOUN
fbem-16438	3	14	of	of	ADP
fbem-16438	3	15	financing	financing	NOUN
fbem-16438	3	16	methods	method	NOUN
fbem-16438	3	17	of	of	ADP
fbem-16438	3	18	equity	equity	NOUN
fbem-16438	3	19	financing	financing	NOUN
fbem-16438	3	20	and	and	CCONJ
fbem-16438	3	21	bond	bond	NOUN
fbem-16438	3	22	financing	financing	NOUN
fbem-16438	3	23	,	,	PUNCT
fbem-16438	3	24	negatively	negatively	ADV
fbem-16438	3	25	affect	affect	VERB
fbem-16438	3	26	the	the	DET
fbem-16438	3	27	choice	choice	NOUN
fbem-16438	3	28	of	of	ADP
fbem-16438	3	29	bank	bank	NOUN
fbem-16438	3	30	loans	loan	NOUN
fbem-16438	3	31	,	,	PUNCT
fbem-16438	3	32	and	and	CCONJ
fbem-16438	3	33	at	at	ADP
fbem-16438	3	34	the	the	DET
fbem-16438	3	35	same	same	ADJ
fbem-16438	3	36	time	time	NOUN
fbem-16438	3	37	favor	favor	VERB
fbem-16438	3	38	the	the	DET
fbem-16438	3	39	reduction	reduction	NOUN
fbem-16438	3	40	of	of	ADP
fbem-16438	3	41	the	the	DET
fbem-16438	3	42	company	company	NOUN
fbem-16438	3	43	's	's	PART
fbem-16438	3	44	bond	bond	NOUN
fbem-16438	3	45	financing	financing	NOUN
fbem-16438	3	46	cost	cost	NOUN
fbem-16438	3	47	,	,	PUNCT
fbem-16438	3	48	and	and	CCONJ
fbem-16438	3	49	mediaaffiliated	mediaaffiliate	VERB
fbem-16438	3	50	directors	director	NOUN
fbem-16438	3	51	affect	affect	VERB
fbem-16438	3	52	a	a	DET
fbem-16438	3	53	company	company	NOUN
fbem-16438	3	54	's	's	PART
fbem-16438	3	55	choice	choice	NOUN
fbem-16438	3	56	of	of	ADP
fbem-16438	3	57	financing	financing	NOUN
fbem-16438	3	58	methods	method	NOUN
fbem-16438	3	59	by	by	ADP
fbem-16438	3	60	influencing	influence	VERB
fbem-16438	3	61	the	the	DET
fbem-16438	3	62	positive	positive	ADJ
fbem-16438	3	63	skewness	skewness	NOUN
fbem-16438	3	64	of	of	ADP
fbem-16438	3	65	the	the	DET
fbem-16438	3	66	media	medium	NOUN
fbem-16438	3	67	coverage	coverage	NOUN
fbem-16438	3	68	rather	rather	ADV
fbem-16438	3	69	than	than	ADP
fbem-16438	3	70	by	by	ADP
fbem-16438	3	71	influencing	influence	VERB
fbem-16438	3	72	the	the	DET
fbem-16438	3	73	amount	amount	NOUN
fbem-16438	3	74	of	of	ADP
fbem-16438	3	75	media	medium	NOUN
fbem-16438	3	76	coverage	coverage	NOUN
fbem-16438	3	77	.	.	PUNCT
fbem-16438	4	1	this	this	DET
fbem-16438	4	2	study	study	NOUN
fbem-16438	4	3	not	not	PART
fbem-16438	4	4	only	only	ADV
fbem-16438	4	5	further	far	ADV
fbem-16438	4	6	enriches	enrich	VERB
fbem-16438	4	7	the	the	DET
fbem-16438	4	8	research	research	NOUN
fbem-16438	4	9	on	on	ADP
fbem-16438	4	10	the	the	DET
fbem-16438	4	11	impact	impact	NOUN
fbem-16438	4	12	of	of	ADP
fbem-16438	4	13	media	medium	NOUN
fbem-16438	4	14	coverage	coverage	NOUN
fbem-16438	4	15	on	on	ADP
fbem-16438	4	16	corporate	corporate	ADJ
fbem-16438	4	17	governance	governance	NOUN
fbem-16438	4	18	,	,	PUNCT
fbem-16438	4	19	but	but	CCONJ
fbem-16438	4	20	also	also	ADV
fbem-16438	4	21	has	have	VERB
fbem-16438	4	22	important	important	ADJ
fbem-16438	4	23	practical	practical	ADJ
fbem-16438	4	24	significance	significance	NOUN
fbem-16438	4	25	for	for	SCONJ
fbem-16438	4	26	the	the	DET
fbem-16438	4	27	board	board	NOUN
fbem-16438	4	28	of	of	ADP
fbem-16438	4	29	directors	director	NOUN
fbem-16438	4	30	to	to	PART
fbem-16438	4	31	play	play	VERB
fbem-16438	4	32	a	a	DET
fbem-16438	4	33	better	well	ADJ
fbem-16438	4	34	role	role	NOUN
fbem-16438	4	35	in	in	ADP
fbem-16438	4	36	corporate	corporate	ADJ
fbem-16438	4	37	governance	governance	NOUN
fbem-16438	4	38	through	through	ADP
fbem-16438	4	39	the	the	DET
fbem-16438	4	40	study	study	NOUN
fbem-16438	4	41	of	of	ADP
fbem-16438	4	42	media	medium	NOUN
fbem-16438	4	43	-	-	PUNCT
fbem-16438	4	44	affiliated	affiliate	VERB
fbem-16438	4	45	directors	director	NOUN
fbem-16438	4	46	.	.	PUNCT
fbem-16438	5	1	keywords	keyword	NOUN
fbem-16438	5	2	:	:	PUNCT
fbem-16438	5	3	media	medium	NOUN
fbem-16438	5	4	-	-	PUNCT
fbem-16438	5	5	linked	link	VERB
fbem-16438	5	6	directors	director	NOUN
fbem-16438	5	7	,	,	PUNCT
fbem-16438	5	8	financing	financing	NOUN
fbem-16438	5	9	methods	method	NOUN
fbem-16438	5	10	,	,	PUNCT
fbem-16438	5	11	corporate	corporate	ADJ
fbem-16438	5	12	governance	governance	NOUN
fbem-16438	5	13	.	.	PUNCT
fbem-16438	6	1	1	1	X
fbem-16438	6	2	.	.	X
fbem-16438	6	3	introduction	introduction	NOUN
fbem-16438	6	4	china	china	PROPN
fbem-16438	6	5	has	have	AUX
fbem-16438	6	6	been	be	AUX
fbem-16438	6	7	using	use	VERB
fbem-16438	6	8	indirect	indirect	ADJ
fbem-16438	6	9	financing	financing	NOUN
fbem-16438	6	10	as	as	ADP
fbem-16438	6	11	the	the	DET
fbem-16438	6	12	main	main	ADJ
fbem-16438	6	13	financing	financing	NOUN
fbem-16438	6	14	method	method	NOUN
fbem-16438	6	15	,	,	PUNCT
fbem-16438	6	16	but	but	CCONJ
fbem-16438	6	17	the	the	DET
fbem-16438	6	18	financing	financing	NOUN
fbem-16438	6	19	constraint	constraint	NOUN
fbem-16438	6	20	is	be	AUX
fbem-16438	6	21	still	still	ADV
fbem-16438	6	22	a	a	DET
fbem-16438	6	23	huge	huge	ADJ
fbem-16438	6	24	obstacle	obstacle	NOUN
fbem-16438	6	25	to	to	ADP
fbem-16438	6	26	the	the	DET
fbem-16438	6	27	development	development	NOUN
fbem-16438	6	28	of	of	ADP
fbem-16438	6	29	enterprise	enterprise	NOUN
fbem-16438	6	30	innovation	innovation	NOUN
fbem-16438	6	31	,	,	PUNCT
fbem-16438	6	32	the	the	DET
fbem-16438	6	33	improvement	improvement	NOUN
fbem-16438	6	34	of	of	ADP
fbem-16438	6	35	the	the	DET
fbem-16438	6	36	capital	capital	NOUN
fbem-16438	6	37	market	market	NOUN
fbem-16438	6	38	for	for	ADP
fbem-16438	6	39	the	the	DET
fbem-16438	6	40	development	development	NOUN
fbem-16438	6	41	of	of	ADP
fbem-16438	6	42	direct	direct	ADJ
fbem-16438	6	43	financing	financing	NOUN
fbem-16438	6	44	to	to	PART
fbem-16438	6	45	provide	provide	VERB
fbem-16438	6	46	the	the	DET
fbem-16438	6	47	basis	basis	NOUN
fbem-16438	6	48	and	and	CCONJ
fbem-16438	6	49	guarantee	guarantee	NOUN
fbem-16438	6	50	,	,	PUNCT
fbem-16438	6	51	can	can	AUX
fbem-16438	6	52	be	be	AUX
fbem-16438	6	53	very	very	ADV
fbem-16438	6	54	good	good	ADJ
fbem-16438	6	55	to	to	PART
fbem-16438	6	56	alleviate	alleviate	VERB
fbem-16438	6	57	the	the	DET
fbem-16438	6	58	financing	financing	NOUN
fbem-16438	6	59	constraints	constraint	NOUN
fbem-16438	6	60	,	,	PUNCT
fbem-16438	6	61	and	and	CCONJ
fbem-16438	6	62	promote	promote	VERB
fbem-16438	6	63	the	the	DET
fbem-16438	6	64	development	development	NOUN
fbem-16438	6	65	of	of	ADP
fbem-16438	6	66	enterprises	enterprise	NOUN
fbem-16438	6	67	.	.	PUNCT
fbem-16438	7	1	media	medium	NOUN
fbem-16438	7	2	reports	report	NOUN
fbem-16438	7	3	can	can	AUX
fbem-16438	7	4	play	play	VERB
fbem-16438	7	5	a	a	DET
fbem-16438	7	6	good	good	ADJ
fbem-16438	7	7	external	external	ADJ
fbem-16438	7	8	monitoring	monitoring	NOUN
fbem-16438	7	9	role	role	NOUN
fbem-16438	7	10	and	and	CCONJ
fbem-16438	7	11	promote	promote	VERB
fbem-16438	7	12	the	the	DET
fbem-16438	7	13	development	development	NOUN
fbem-16438	7	14	of	of	ADP
fbem-16438	7	15	the	the	DET
fbem-16438	7	16	capital	capital	NOUN
fbem-16438	7	17	market	market	NOUN
fbem-16438	7	18	,	,	PUNCT
fbem-16438	7	19	media	medium	NOUN
fbem-16438	7	20	reports	report	NOUN
fbem-16438	7	21	as	as	ADP
fbem-16438	7	22	the	the	DET
fbem-16438	7	23	most	most	ADV
fbem-16438	7	24	important	important	ADJ
fbem-16438	7	25	form	form	NOUN
fbem-16438	7	26	of	of	ADP
fbem-16438	7	27	external	external	ADJ
fbem-16438	7	28	monitoring	monitoring	NOUN
fbem-16438	7	29	of	of	ADP
fbem-16438	7	30	the	the	DET
fbem-16438	7	31	capital	capital	NOUN
fbem-16438	7	32	market	market	NOUN
fbem-16438	7	33	and	and	CCONJ
fbem-16438	7	34	corporate	corporate	ADJ
fbem-16438	7	35	governance	governance	NOUN
fbem-16438	7	36	,	,	PUNCT
fbem-16438	7	37	the	the	DET
fbem-16438	7	38	important	important	ADJ
fbem-16438	7	39	role	role	NOUN
fbem-16438	7	40	of	of	ADP
fbem-16438	7	41	the	the	DET
fbem-16438	7	42	capital	capital	NOUN
fbem-16438	7	43	market	market	NOUN
fbem-16438	7	44	and	and	CCONJ
fbem-16438	7	45	corporate	corporate	ADJ
fbem-16438	7	46	governance	governance	NOUN
fbem-16438	7	47	has	have	AUX
fbem-16438	7	48	been	be	AUX
fbem-16438	7	49	studied	study	VERB
fbem-16438	7	50	by	by	ADP
fbem-16438	7	51	scholars.dyck	scholars.dyck	PROPN
fbem-16438	7	52	and	and	CCONJ
fbem-16438	7	53	zingales	zingale	NOUN
fbem-16438	7	54	(	(	PUNCT
fbem-16438	7	55	2002	2002	NUM
fbem-16438	7	56	)	)	PUNCT
fbem-16438	7	57	,	,	PUNCT
fbem-16438	7	58	as	as	ADP
fbem-16438	7	59	one	one	NUM
fbem-16438	7	60	of	of	ADP
fbem-16438	7	61	the	the	DET
fbem-16438	7	62	earliest	early	ADJ
fbem-16438	7	63	studies	study	NOUN
fbem-16438	7	64	of	of	ADP
fbem-16438	7	65	the	the	DET
fbem-16438	7	66	role	role	NOUN
fbem-16438	7	67	of	of	ADP
fbem-16438	7	68	the	the	DET
fbem-16438	7	69	media	medium	NOUN
fbem-16438	7	70	on	on	ADP
fbem-16438	7	71	corporate	corporate	ADJ
fbem-16438	7	72	governance	governance	NOUN
fbem-16438	7	73	literature	literature	NOUN
fbem-16438	7	74	,	,	PUNCT
fbem-16438	7	75	for	for	ADP
fbem-16438	7	76	the	the	DET
fbem-16438	7	77	first	first	ADJ
fbem-16438	7	78	time	time	NOUN
fbem-16438	7	79	,	,	PUNCT
fbem-16438	7	80	put	put	VERB
fbem-16438	7	81	forward	forward	ADV
fbem-16438	7	82	the	the	DET
fbem-16438	7	83	role	role	NOUN
fbem-16438	7	84	of	of	ADP
fbem-16438	7	85	the	the	DET
fbem-16438	7	86	media	medium	NOUN
fbem-16438	7	87	in	in	ADP
fbem-16438	7	88	corporate	corporate	ADJ
fbem-16438	7	89	governance	governance	NOUN
fbem-16438	7	90	,	,	PUNCT
fbem-16438	7	91	and	and	CCONJ
fbem-16438	7	92	the	the	DET
fbem-16438	7	93	role	role	NOUN
fbem-16438	7	94	of	of	ADP
fbem-16438	7	95	the	the	DET
fbem-16438	7	96	media	medium	NOUN
fbem-16438	7	97	in	in	ADP
fbem-16438	7	98	corporate	corporate	ADJ
fbem-16438	7	99	governance	governance	NOUN
fbem-16438	7	100	.	.	PUNCT
fbem-16438	8	1	dyck	dyck	PROPN
fbem-16438	8	2	and	and	CCONJ
fbem-16438	8	3	zingales	zingales	PROPN
fbem-16438	8	4	(	(	PUNCT
fbem-16438	8	5	2002	2002	NUM
fbem-16438	8	6	)	)	PUNCT
fbem-16438	8	7	,	,	PUNCT
fbem-16438	8	8	as	as	ADP
fbem-16438	8	9	one	one	NUM
fbem-16438	8	10	of	of	ADP
fbem-16438	8	11	the	the	DET
fbem-16438	8	12	earliest	early	ADJ
fbem-16438	8	13	studies	study	NOUN
fbem-16438	8	14	on	on	ADP
fbem-16438	8	15	the	the	DET
fbem-16438	8	16	role	role	NOUN
fbem-16438	8	17	of	of	ADP
fbem-16438	8	18	the	the	DET
fbem-16438	8	19	media	medium	NOUN
fbem-16438	8	20	in	in	ADP
fbem-16438	8	21	corporate	corporate	ADJ
fbem-16438	8	22	governance	governance	NOUN
fbem-16438	8	23	,	,	PUNCT
fbem-16438	8	24	proposed	propose	VERB
fbem-16438	8	25	for	for	ADP
fbem-16438	8	26	the	the	DET
fbem-16438	8	27	first	first	ADJ
fbem-16438	8	28	time	time	NOUN
fbem-16438	8	29	three	three	NUM
fbem-16438	8	30	possible	possible	ADJ
fbem-16438	8	31	ways	way	NOUN
fbem-16438	8	32	in	in	ADP
fbem-16438	8	33	which	which	PRON
fbem-16438	8	34	the	the	DET
fbem-16438	8	35	media	medium	NOUN
fbem-16438	8	36	can	can	AUX
fbem-16438	8	37	influence	influence	VERB
fbem-16438	8	38	corporate	corporate	ADJ
fbem-16438	8	39	governance	governance	NOUN
fbem-16438	8	40	:	:	PUNCT
fbem-16438	8	41	first	first	ADJ
fbem-16438	8	42	,	,	PUNCT
fbem-16438	8	43	public	public	ADJ
fbem-16438	8	44	opinion	opinion	NOUN
fbem-16438	8	45	triggers	trigger	VERB
fbem-16438	8	46	administrative	administrative	ADJ
fbem-16438	8	47	supervision	supervision	NOUN
fbem-16438	8	48	,	,	PUNCT
fbem-16438	8	49	media	medium	NOUN
fbem-16438	8	50	exposure	exposure	NOUN
fbem-16438	8	51	will	will	AUX
fbem-16438	8	52	trigger	trigger	VERB
fbem-16438	8	53	wider	wide	ADJ
fbem-16438	8	54	public	public	ADJ
fbem-16438	8	55	attention	attention	NOUN
fbem-16438	8	56	,	,	PUNCT
fbem-16438	8	57	which	which	PRON
fbem-16438	8	58	will	will	AUX
fbem-16438	8	59	increase	increase	VERB
fbem-16438	8	60	public	public	ADJ
fbem-16438	8	61	opinion	opinion	NOUN
fbem-16438	8	62	,	,	PUNCT
fbem-16438	8	63	thus	thus	ADV
fbem-16438	8	64	attracting	attract	VERB
fbem-16438	8	65	the	the	DET
fbem-16438	8	66	attention	attention	NOUN
fbem-16438	8	67	of	of	ADP
fbem-16438	8	68	the	the	DET
fbem-16438	8	69	government	government	NOUN
fbem-16438	8	70	and	and	CCONJ
fbem-16438	8	71	prompting	prompt	VERB
fbem-16438	8	72	administrative	administrative	ADJ
fbem-16438	8	73	supervision	supervision	NOUN
fbem-16438	8	74	and	and	CCONJ
fbem-16438	8	75	intervention	intervention	NOUN
fbem-16438	8	76	.	.	PUNCT
fbem-16438	9	1	second	second	ADJ
fbem-16438	9	2	,	,	PUNCT
fbem-16438	9	3	the	the	DET
fbem-16438	9	4	reputation	reputation	NOUN
fbem-16438	9	5	mechanism	mechanism	NOUN
fbem-16438	9	6	of	of	ADP
fbem-16438	9	7	managers	manager	NOUN
fbem-16438	9	8	,	,	PUNCT
fbem-16438	9	9	media	medium	NOUN
fbem-16438	9	10	exposure	exposure	NOUN
fbem-16438	9	11	will	will	AUX
fbem-16438	9	12	affect	affect	VERB
fbem-16438	9	13	the	the	DET
fbem-16438	9	14	image	image	NOUN
fbem-16438	9	15	of	of	ADP
fbem-16438	9	16	managers	manager	NOUN
fbem-16438	9	17	in	in	ADP
fbem-16438	9	18	the	the	DET
fbem-16438	9	19	shareholders	shareholder	NOUN
fbem-16438	9	20	,	,	PUNCT
fbem-16438	9	21	out	out	ADP
fbem-16438	9	22	of	of	ADP
fbem-16438	9	23	the	the	DET
fbem-16438	9	24	consideration	consideration	NOUN
fbem-16438	9	25	of	of	ADP
fbem-16438	9	26	career	career	NOUN
fbem-16438	9	27	prospects	prospect	NOUN
fbem-16438	9	28	and	and	CCONJ
fbem-16438	9	29	salaries	salary	NOUN
fbem-16438	9	30	,	,	PUNCT
fbem-16438	9	31	managers	manager	NOUN
fbem-16438	9	32	will	will	AUX
fbem-16438	9	33	be	be	AUX
fbem-16438	9	34	vigilant	vigilant	ADJ
fbem-16438	9	35	of	of	ADP
fbem-16438	9	36	the	the	DET
fbem-16438	9	37	role	role	NOUN
fbem-16438	9	38	of	of	ADP
fbem-16438	9	39	media	medium	NOUN
fbem-16438	9	40	supervision	supervision	NOUN
fbem-16438	9	41	;	;	PUNCT
fbem-16438	9	42	third	third	ADJ
fbem-16438	9	43	,	,	PUNCT
fbem-16438	9	44	out	out	ADP
fbem-16438	9	45	of	of	ADP
fbem-16438	9	46	public	public	ADJ
fbem-16438	9	47	image	image	NOUN
fbem-16438	9	48	concerns	concern	NOUN
fbem-16438	9	49	,	,	PUNCT
fbem-16438	9	50	management	management	NOUN
fbem-16438	9	51	not	not	PART
fbem-16438	9	52	only	only	ADV
fbem-16438	9	53	shoulders	shoulder	VERB
fbem-16438	9	54	the	the	DET
fbem-16438	9	55	goal	goal	NOUN
fbem-16438	9	56	of	of	ADP
fbem-16438	9	57	maximizing	maximize	VERB
fbem-16438	9	58	the	the	DET
fbem-16438	9	59	interests	interest	NOUN
fbem-16438	9	60	of	of	ADP
fbem-16438	9	61	the	the	DET
fbem-16438	9	62	shareholders	shareholder	NOUN
fbem-16438	9	63	,	,	PUNCT
fbem-16438	9	64	but	but	CCONJ
fbem-16438	9	65	also	also	ADV
fbem-16438	9	66	consider	consider	VERB
fbem-16438	9	67	their	their	PRON
fbem-16438	9	68	own	own	ADJ
fbem-16438	9	69	public	public	ADJ
fbem-16438	9	70	image	image	NOUN
fbem-16438	9	71	,	,	PUNCT
fbem-16438	9	72	managers	manager	NOUN
fbem-16438	9	73	in	in	ADP
fbem-16438	9	74	addition	addition	NOUN
fbem-16438	9	75	to	to	ADP
fbem-16438	9	76	the	the	DET
fbem-16438	9	77	interests	interest	NOUN
fbem-16438	9	78	of	of	ADP
fbem-16438	9	79	shareholders	shareholder	NOUN
fbem-16438	9	80	,	,	PUNCT
fbem-16438	9	81	but	but	CCONJ
fbem-16438	9	82	also	also	ADV
fbem-16438	9	83	pay	pay	VERB
fbem-16438	9	84	attention	attention	NOUN
fbem-16438	9	85	to	to	ADP
fbem-16438	9	86	their	their	PRON
fbem-16438	9	87	own	own	ADJ
fbem-16438	9	88	public	public	ADJ
fbem-16438	9	89	image	image	NOUN
fbem-16438	9	90	,	,	PUNCT
fbem-16438	9	91	the	the	DET
fbem-16438	9	92	media	medium	NOUN
fbem-16438	9	93	exposure	exposure	NOUN
fbem-16438	9	94	may	may	AUX
fbem-16438	9	95	bring	bring	VERB
fbem-16438	9	96	public	public	ADJ
fbem-16438	9	97	opinion	opinion	NOUN
fbem-16438	9	98	pressure	pressure	NOUN
fbem-16438	9	99	,	,	PUNCT
fbem-16438	9	100	the	the	DET
fbem-16438	9	101	management	management	NOUN
fbem-16438	9	102	of	of	ADP
fbem-16438	9	103	media	medium	NOUN
fbem-16438	9	104	exposure	exposure	NOUN
fbem-16438	9	105	may	may	AUX
fbem-16438	9	106	bring	bring	VERB
fbem-16438	9	107	public	public	ADJ
fbem-16438	9	108	opinion	opinion	NOUN
fbem-16438	9	109	pressure	pressure	NOUN
fbem-16438	9	110	,	,	PUNCT
fbem-16438	9	111	the	the	DET
fbem-16438	9	112	management	management	NOUN
fbem-16438	9	113	of	of	ADP
fbem-16438	9	114	media	medium	NOUN
fbem-16438	9	115	exposure	exposure	NOUN
fbem-16438	9	116	may	may	AUX
fbem-16438	9	117	bring	bring	VERB
fbem-16438	9	118	public	public	ADJ
fbem-16438	9	119	opinion	opinion	NOUN
fbem-16438	9	120	pressure	pressure	NOUN
fbem-16438	9	121	,	,	PUNCT
fbem-16438	9	122	the	the	DET
fbem-16438	9	123	management	management	NOUN
fbem-16438	9	124	of	of	ADP
fbem-16438	9	125	media	medium	NOUN
fbem-16438	9	126	exposure	exposure	NOUN
fbem-16438	9	127	may	may	AUX
fbem-16438	9	128	bring	bring	VERB
fbem-16438	9	129	public	public	ADJ
fbem-16438	9	130	opinion	opinion	NOUN
fbem-16438	9	131	pressure	pressure	NOUN
fbem-16438	9	132	,	,	PUNCT
fbem-16438	9	133	and	and	CCONJ
fbem-16438	9	134	the	the	DET
fbem-16438	9	135	management	management	NOUN
fbem-16438	9	136	of	of	ADP
fbem-16438	9	137	media	medium	NOUN
fbem-16438	9	138	exposure	exposure	NOUN
fbem-16438	9	139	may	may	AUX
fbem-16438	9	140	bring	bring	VERB
fbem-16438	9	141	public	public	ADJ
fbem-16438	9	142	opinion	opinion	NOUN
fbem-16438	9	143	pressure	pressure	NOUN
fbem-16438	9	144	.	.	PUNCT
fbem-16438	10	1	media	medium	NOUN
fbem-16438	10	2	exposure	exposure	NOUN
fbem-16438	10	3	may	may	AUX
fbem-16438	10	4	bring	bring	VERB
fbem-16438	10	5	public	public	ADJ
fbem-16438	10	6	opinion	opinion	NOUN
fbem-16438	10	7	pressure	pressure	NOUN
fbem-16438	10	8	,	,	PUNCT
fbem-16438	10	9	managers	manager	NOUN
fbem-16438	10	10	will	will	AUX
fbem-16438	10	11	worry	worry	VERB
fbem-16438	10	12	about	about	ADP
fbem-16438	10	13	the	the	DET
fbem-16438	10	14	negative	negative	ADJ
fbem-16438	10	15	impact	impact	NOUN
fbem-16438	10	16	of	of	ADP
fbem-16438	10	17	media	medium	NOUN
fbem-16438	10	18	exposure	exposure	NOUN
fbem-16438	10	19	,	,	PUNCT
fbem-16438	10	20	making	make	VERB
fbem-16438	10	21	themselves	themselves	PRON
fbem-16438	10	22	socially	socially	ADV
fbem-16438	10	23	awkward	awkward	ADJ
fbem-16438	10	24	,	,	PUNCT
fbem-16438	10	25	and	and	CCONJ
fbem-16438	10	26	thus	thus	ADV
fbem-16438	10	27	the	the	DET
fbem-16438	10	28	media	media	NOUN
fbem-16438	10	29	affects	affect	VERB
fbem-16438	10	30	the	the	DET
fbem-16438	10	31	behavior	behavior	NOUN
fbem-16438	10	32	of	of	ADP
fbem-16438	10	33	managers	manager	NOUN
fbem-16438	10	34	.	.	PUNCT
fbem-16438	11	1	at	at	ADP
fbem-16438	11	2	the	the	DET
fbem-16438	11	3	same	same	ADJ
fbem-16438	11	4	time	time	NOUN
fbem-16438	11	5	the	the	DET
fbem-16438	11	6	important	important	ADJ
fbem-16438	11	7	role	role	NOUN
fbem-16438	11	8	of	of	ADP
fbem-16438	11	9	the	the	DET
fbem-16438	11	10	board	board	NOUN
fbem-16438	11	11	of	of	ADP
fbem-16438	11	12	directors	director	NOUN
fbem-16438	11	13	has	have	AUX
fbem-16438	11	14	been	be	AUX
fbem-16438	11	15	gradually	gradually	ADV
fbem-16438	11	16	focused	focus	VERB
fbem-16438	11	17	on	on	ADP
fbem-16438	11	18	by	by	ADP
fbem-16438	11	19	scholars	scholar	NOUN
fbem-16438	11	20	,	,	PUNCT
fbem-16438	11	21	who	who	PRON
fbem-16438	11	22	have	have	AUX
fbem-16438	11	23	studied	study	VERB
fbem-16438	11	24	the	the	DET
fbem-16438	11	25	role	role	NOUN
fbem-16438	11	26	of	of	ADP
fbem-16438	11	27	board	board	NOUN
fbem-16438	11	28	members	member	NOUN
fbem-16438	11	29	'	'	PART
fbem-16438	11	30	personality	personality	NOUN
fbem-16438	11	31	traits	trait	NOUN
fbem-16438	11	32	,	,	PUNCT
fbem-16438	11	33	professional	professional	ADJ
fbem-16438	11	34	experience	experience	NOUN
fbem-16438	11	35	,	,	PUNCT
fbem-16438	11	36	financial	financial	ADJ
fbem-16438	11	37	and	and	CCONJ
fbem-16438	11	38	accounting	accounting	NOUN
fbem-16438	11	39	knowledge	knowledge	NOUN
fbem-16438	11	40	and	and	CCONJ
fbem-16438	11	41	skills	skill	NOUN
fbem-16438	11	42	on	on	ADP
fbem-16438	11	43	corporate	corporate	ADJ
fbem-16438	11	44	governance	governance	NOUN
fbem-16438	11	45	and	and	CCONJ
fbem-16438	11	46	financing	financing	NOUN
fbem-16438	11	47	constraints.but	constraints.but	NOUN
fbem-16438	11	48	few	few	ADJ
fbem-16438	11	49	scholars	scholar	NOUN
fbem-16438	11	50	have	have	AUX
fbem-16438	11	51	examined	examine	VERB
fbem-16438	11	52	the	the	DET
fbem-16438	11	53	role	role	NOUN
fbem-16438	11	54	of	of	ADP
fbem-16438	11	55	board	board	NOUN
fbem-16438	11	56	members	member	NOUN
fbem-16438	11	57	'	'	PART
fbem-16438	11	58	backgrounds	background	NOUN
fbem-16438	11	59	on	on	ADP
fbem-16438	11	60	corporate	corporate	ADJ
fbem-16438	11	61	finance	finance	NOUN
fbem-16438	11	62	and	and	CCONJ
fbem-16438	11	63	governance	governance	NOUN
fbem-16438	11	64	,	,	PUNCT
fbem-16438	11	65	while	while	SCONJ
fbem-16438	11	66	board	board	NOUN
fbem-16438	11	67	members	member	NOUN
fbem-16438	11	68	have	have	VERB
fbem-16438	11	69	an	an	DET
fbem-16438	11	70	impact	impact	NOUN
fbem-16438	11	71	on	on	ADP
fbem-16438	11	72	corporate	corporate	ADJ
fbem-16438	11	73	governance	governance	NOUN
fbem-16438	11	74	not	not	PART
fbem-16438	11	75	through	through	ADP
fbem-16438	11	76	monitoring	monitoring	NOUN
fbem-16438	11	77	and	and	CCONJ
fbem-16438	11	78	advising	advise	VERB
fbem-16438	11	79	,	,	PUNCT
fbem-16438	11	80	but	but	CCONJ
fbem-16438	11	81	through	through	ADP
fbem-16438	11	82	media	medium	NOUN
fbem-16438	11	83	coverage	coverage	NOUN
fbem-16438	11	84	,	,	PUNCT
fbem-16438	11	85	and	and	CCONJ
fbem-16438	11	86	the	the	DET
fbem-16438	11	87	study	study	NOUN
fbem-16438	11	88	of	of	ADP
fbem-16438	11	89	financing	financing	NOUN
fbem-16438	11	90	constraints	constraint	NOUN
fbem-16438	11	91	is	be	AUX
fbem-16438	11	92	not	not	PART
fbem-16438	11	93	just	just	ADV
fbem-16438	11	94	for	for	ADP
fbem-16438	11	95	the	the	DET
fbem-16438	11	96	alleviation	alleviation	NOUN
fbem-16438	11	97	of	of	ADP
fbem-16438	11	98	financing	financing	NOUN
fbem-16438	11	99	constraints	constraint	NOUN
fbem-16438	11	100	,	,	PUNCT
fbem-16438	11	101	but	but	CCONJ
fbem-16438	11	102	for	for	ADP
fbem-16438	11	103	changes	change	NOUN
fbem-16438	11	104	in	in	ADP
fbem-16438	11	105	financing	financing	NOUN
fbem-16438	11	106	methods	method	NOUN
fbem-16438	11	107	.	.	PUNCT
fbem-16438	12	1	for	for	ADP
fbem-16438	12	2	this	this	DET
fbem-16438	12	3	reason	reason	NOUN
fbem-16438	12	4	,	,	PUNCT
fbem-16438	12	5	this	this	DET
fbem-16438	12	6	paper	paper	NOUN
fbem-16438	12	7	focuses	focus	VERB
fbem-16438	12	8	on	on	ADP
fbem-16438	12	9	the	the	DET
fbem-16438	12	10	impact	impact	NOUN
fbem-16438	12	11	of	of	ADP
fbem-16438	12	12	mediaaffiliated	mediaaffiliate	VERB
fbem-16438	12	13	directors	director	NOUN
fbem-16438	12	14	on	on	ADP
fbem-16438	12	15	financing	financing	NOUN
fbem-16438	12	16	methods	method	NOUN
fbem-16438	12	17	as	as	ADV
fbem-16438	12	18	well	well	ADV
fbem-16438	12	19	as	as	ADP
fbem-16438	12	20	financing	financing	NOUN
fbem-16438	12	21	costs	cost	NOUN
fbem-16438	12	22	based	base	VERB
fbem-16438	12	23	on	on	ADP
fbem-16438	12	24	the	the	DET
fbem-16438	12	25	context	context	NOUN
fbem-16438	12	26	of	of	ADP
fbem-16438	12	27	board	board	NOUN
fbem-16438	12	28	membership	membership	NOUN
fbem-16438	12	29	.	.	PUNCT
fbem-16438	13	1	the	the	DET
fbem-16438	13	2	possible	possible	ADJ
fbem-16438	13	3	contributions	contribution	NOUN
fbem-16438	13	4	of	of	ADP
fbem-16438	13	5	this	this	DET
fbem-16438	13	6	paper	paper	NOUN
fbem-16438	13	7	are	be	AUX
fbem-16438	13	8	reflected	reflect	VERB
fbem-16438	13	9	in	in	ADP
fbem-16438	13	10	the	the	DET
fbem-16438	13	11	following	follow	VERB
fbem-16438	13	12	aspects	aspect	NOUN
fbem-16438	13	13	:	:	PUNCT
fbem-16438	13	14	firstly	firstly	ADV
fbem-16438	13	15	,	,	PUNCT
fbem-16438	13	16	it	it	PRON
fbem-16438	13	17	innovates	innovate	VERB
fbem-16438	13	18	the	the	DET
fbem-16438	13	19	research	research	NOUN
fbem-16438	13	20	perspective	perspective	NOUN
fbem-16438	13	21	,	,	PUNCT
fbem-16438	13	22	based	base	VERB
fbem-16438	13	23	on	on	ADP
fbem-16438	13	24	the	the	DET
fbem-16438	13	25	previous	previous	ADJ
fbem-16438	13	26	research	research	NOUN
fbem-16438	13	27	on	on	ADP
fbem-16438	13	28	the	the	DET
fbem-16438	13	29	knowledge	knowledge	NOUN
fbem-16438	13	30	structure	structure	NOUN
fbem-16438	13	31	,	,	PUNCT
fbem-16438	13	32	career	career	NOUN
fbem-16438	13	33	experience	experience	NOUN
fbem-16438	13	34	,	,	PUNCT
fbem-16438	13	35	personality	personality	NOUN
fbem-16438	13	36	traits	trait	NOUN
fbem-16438	13	37	and	and	CCONJ
fbem-16438	13	38	other	other	ADJ
fbem-16438	13	39	executive	executive	ADJ
fbem-16438	13	40	behaviors	behavior	NOUN
fbem-16438	13	41	of	of	ADP
fbem-16438	13	42	corporate	corporate	ADJ
fbem-16438	13	43	board	board	NOUN
fbem-16438	13	44	members	member	NOUN
fbem-16438	13	45	or	or	CCONJ
fbem-16438	13	46	the	the	DET
fbem-16438	13	47	research	research	NOUN
fbem-16438	13	48	on	on	ADP
fbem-16438	13	49	the	the	DET
fbem-16438	13	50	media	media	NOUN
fbem-16438	13	51	background	background	NOUN
fbem-16438	13	52	of	of	ADP
fbem-16438	13	53	the	the	DET
fbem-16438	13	54	company	company	NOUN
fbem-16438	13	55	,	,	PUNCT
fbem-16438	13	56	it	it	PRON
fbem-16438	13	57	studies	study	VERB
fbem-16438	13	58	the	the	DET
fbem-16438	13	59	impact	impact	NOUN
fbem-16438	13	60	of	of	ADP
fbem-16438	13	61	the	the	DET
fbem-16438	13	62	media	medium	NOUN
fbem-16438	13	63	background	background	NOUN
fbem-16438	13	64	of	of	ADP
fbem-16438	13	65	the	the	DET
fbem-16438	13	66	board	board	NOUN
fbem-16438	13	67	members	member	NOUN
fbem-16438	13	68	of	of	ADP
fbem-16438	13	69	the	the	DET
fbem-16438	13	70	listed	list	VERB
fbem-16438	13	71	companies	company	NOUN
fbem-16438	13	72	on	on	ADP
fbem-16438	13	73	the	the	DET
fbem-16438	13	74	financing	financing	NOUN
fbem-16438	13	75	,	,	PUNCT
fbem-16438	13	76	which	which	PRON
fbem-16438	13	77	provides	provide	VERB
fbem-16438	13	78	incremental	incremental	ADJ
fbem-16438	13	79	information	information	NOUN
fbem-16438	13	80	on	on	ADP
fbem-16438	13	81	the	the	DET
fbem-16438	13	82	impact	impact	NOUN
fbem-16438	13	83	of	of	ADP
fbem-16438	13	84	the	the	DET
fbem-16438	13	85	relevant	relevant	ADJ
fbem-16438	13	86	media	media	NOUN
fbem-16438	13	87	reports	report	NOUN
fbem-16438	13	88	.	.	PUNCT
fbem-16438	14	1	secondly	secondly	ADV
fbem-16438	14	2	there	there	PRON
fbem-16438	14	3	are	be	VERB
fbem-16438	14	4	some	some	DET
fbem-16438	14	5	innovations	innovation	NOUN
fbem-16438	14	6	in	in	ADP
fbem-16438	14	7	the	the	DET
fbem-16438	14	8	research	research	NOUN
fbem-16438	14	9	data	datum	NOUN
fbem-16438	14	10	:	:	PUNCT
fbem-16438	14	11	this	this	DET
fbem-16438	14	12	paper	paper	NOUN
fbem-16438	14	13	selects	select	VERB
fbem-16438	14	14	the	the	DET
fbem-16438	14	15	data	datum	NOUN
fbem-16438	14	16	of	of	ADP
fbem-16438	14	17	a	a	DET
fbem-16438	14	18	-	-	PUNCT
fbem-16438	14	19	share	share	NOUN
fbem-16438	14	20	listed	list	VERB
fbem-16438	14	21	companies	company	NOUN
fbem-16438	14	22	in	in	ADP
fbem-16438	14	23	shanghai	shanghai	PROPN
fbem-16438	14	24	and	and	CCONJ
fbem-16438	14	25	shenzhen	shenzhen	PROPN
fbem-16438	14	26	from	from	ADP
fbem-16438	14	27	2009	2009	NUM
fbem-16438	14	28	to	to	ADP
fbem-16438	14	29	2021	2021	NUM
fbem-16438	14	30	,	,	PUNCT
fbem-16438	14	31	which	which	PRON
fbem-16438	14	32	increases	increase	VERB
fbem-16438	14	33	the	the	DET
fbem-16438	14	34	amount	amount	NOUN
fbem-16438	14	35	of	of	ADP
fbem-16438	14	36	data	datum	NOUN
fbem-16438	14	37	and	and	CCONJ
fbem-16438	14	38	expands	expand	VERB
fbem-16438	14	39	the	the	DET
fbem-16438	14	40	width	width	NOUN
fbem-16438	14	41	of	of	ADP
fbem-16438	14	42	the	the	DET
fbem-16438	14	43	data	datum	NOUN
fbem-16438	14	44	,	,	PUNCT
fbem-16438	14	45	and	and	CCONJ
fbem-16438	14	46	the	the	DET
fbem-16438	14	47	existing	exist	VERB
fbem-16438	14	48	research	research	NOUN
fbem-16438	14	49	on	on	ADP
fbem-16438	14	50	the	the	DET
fbem-16438	14	51	role	role	NOUN
fbem-16438	14	52	of	of	ADP
fbem-16438	14	53	external	external	ADJ
fbem-16438	14	54	governance	governance	NOUN
fbem-16438	14	55	of	of	ADP
fbem-16438	14	56	media	medium	NOUN
fbem-16438	14	57	reports	report	NOUN
fbem-16438	14	58	in	in	ADP
fbem-16438	14	59	china	china	PROPN
fbem-16438	14	60	mainly	mainly	ADV
fbem-16438	14	61	focuses	focus	VERB
fbem-16438	14	62	on	on	ADP
fbem-16438	14	63	analyzing	analyze	VERB
fbem-16438	14	64	the	the	DET
fbem-16438	14	65	traditional	traditional	ADJ
fbem-16438	14	66	media	medium	NOUN
fbem-16438	14	67	,	,	PUNCT
fbem-16438	14	68	and	and	CCONJ
fbem-16438	14	69	adopts	adopt	VERB
fbem-16438	14	70	databases	database	NOUN
fbem-16438	14	71	such	such	ADJ
fbem-16438	14	72	as	as	ADP
fbem-16438	14	73	the	the	DET
fbem-16438	14	74	"	"	PUNCT
fbem-16438	14	75	full	full	ADJ
fbem-16438	14	76	text	text	NOUN
fbem-16438	14	77	database	database	NOUN
fbem-16438	14	78	of	of	ADP
fbem-16438	14	79	important	important	ADJ
fbem-16438	14	80	chinese	chinese	ADJ
fbem-16438	14	81	newspapers	newspaper	NOUN
fbem-16438	14	82	"	"	PUNCT
fbem-16438	14	83	of	of	ADP
fbem-16438	14	84	china	china	PROPN
fbem-16438	14	85	knowledge	knowledge	PROPN
fbem-16438	14	86	network	network	NOUN
fbem-16438	14	87	or	or	CCONJ
fbem-16438	14	88	the	the	DET
fbem-16438	14	89	major	major	ADJ
fbem-16438	14	90	authoritative	authoritative	ADJ
fbem-16438	14	91	financial	financial	ADJ
fbem-16438	14	92	journals	journal	NOUN
fbem-16438	14	93	.	.	PUNCT
fbem-16438	15	1	the	the	DET
fbem-16438	15	2	databases	database	NOUN
fbem-16438	15	3	used	use	VERB
fbem-16438	15	4	are	be	AUX
fbem-16438	15	5	mostly	mostly	ADV
fbem-16438	15	6	the	the	DET
fbem-16438	15	7	"	"	PUNCT
fbem-16438	15	8	china	china	PROPN
fbem-16438	15	9	important	important	PROPN
fbem-16438	15	10	newspaper	newspaper	NOUN
fbem-16438	15	11	full	full	ADJ
fbem-16438	15	12	text	text	NOUN
fbem-16438	15	13	database	database	NOUN
fbem-16438	15	14	"	"	PUNCT
fbem-16438	15	15	in	in	ADP
fbem-16438	15	16	china	china	PROPN
fbem-16438	15	17	knowledge	knowledge	PROPN
fbem-16438	15	18	network	network	NOUN
fbem-16438	15	19	or	or	CCONJ
fbem-16438	15	20	major	major	ADJ
fbem-16438	15	21	authoritative	authoritative	ADJ
fbem-16438	15	22	financial	financial	ADJ
fbem-16438	15	23	journals	journal	NOUN
fbem-16438	15	24	.	.	PUNCT
fbem-16438	16	1	these	these	DET
fbem-16438	16	2	traditional	traditional	ADJ
fbem-16438	16	3	media	medium	NOUN
fbem-16438	16	4	have	have	VERB
fbem-16438	16	5	the	the	DET
fbem-16438	16	6	disadvantages	disadvantage	NOUN
fbem-16438	16	7	of	of	ADP
fbem-16438	16	8	lagging	lag	VERB
fbem-16438	16	9	behind	behind	ADV
fbem-16438	16	10	in	in	ADP
fbem-16438	16	11	news	news	NOUN
fbem-16438	16	12	,	,	PUNCT
fbem-16438	16	13	facing	face	VERB
fbem-16438	16	14	more	more	ADV
fbem-16438	16	15	stringent	stringent	ADJ
fbem-16438	16	16	censorship	censorship	NOUN
fbem-16438	16	17	in	in	ADP
fbem-16438	16	18	reporting	report	VERB
fbem-16438	16	19	information	information	NOUN
fbem-16438	16	20	,	,	PUNCT
fbem-16438	16	21	and	and	CCONJ
fbem-16438	16	22	poor	poor	ADJ
fbem-16438	16	23	interactivity	interactivity	NOUN
fbem-16438	16	24	.	.	PUNCT
fbem-16438	17	1	with	with	ADP
fbem-16438	17	2	the	the	DET
fbem-16438	17	3	development	development	NOUN
fbem-16438	17	4	of	of	ADP
fbem-16438	17	5	the	the	DET
fbem-16438	17	6	internet	internet	NOUN
fbem-16438	17	7	and	and	CCONJ
fbem-16438	17	8	information	information	NOUN
fbem-16438	17	9	technology	technology	NOUN
fbem-16438	17	10	,	,	PUNCT
fbem-16438	17	11	the	the	DET
fbem-16438	17	12	audience	audience	NOUN
fbem-16438	17	13	of	of	ADP
fbem-16438	17	14	traditional	traditional	ADJ
fbem-16438	17	15	media	medium	NOUN
fbem-16438	17	16	is	be	AUX
fbem-16438	17	17	41	41	NUM
fbem-16438	17	18	gradually	gradually	ADV
fbem-16438	17	19	decreasing	decrease	VERB
fbem-16438	17	20	,	,	PUNCT
fbem-16438	17	21	and	and	CCONJ
fbem-16438	17	22	the	the	DET
fbem-16438	17	23	influence	influence	NOUN
fbem-16438	17	24	of	of	ADP
fbem-16438	17	25	online	online	ADJ
fbem-16438	17	26	media	medium	NOUN
fbem-16438	17	27	can	can	AUX
fbem-16438	17	28	not	not	PART
fbem-16438	17	29	be	be	AUX
fbem-16438	17	30	underestimated	underestimate	VERB
fbem-16438	17	31	.	.	PUNCT
fbem-16438	18	1	this	this	DET
fbem-16438	18	2	paper	paper	NOUN
fbem-16438	18	3	adopts	adopt	VERB
fbem-16438	18	4	baidu	baidu	NOUN
fbem-16438	18	5	index	index	NOUN
fbem-16438	18	6	to	to	PART
fbem-16438	18	7	collect	collect	VERB
fbem-16438	18	8	the	the	DET
fbem-16438	18	9	media	medium	NOUN
fbem-16438	18	10	reports	report	NOUN
fbem-16438	18	11	of	of	ADP
fbem-16438	18	12	the	the	DET
fbem-16438	18	13	companies	company	NOUN
fbem-16438	18	14	belonging	belong	VERB
fbem-16438	18	15	to	to	ADP
fbem-16438	18	16	the	the	DET
fbem-16438	18	17	company	company	NOUN
fbem-16438	18	18	,	,	PUNCT
fbem-16438	18	19	which	which	PRON
fbem-16438	18	20	more	more	ADV
fbem-16438	18	21	comprehensively	comprehensively	ADV
fbem-16438	18	22	covers	cover	VERB
fbem-16438	18	23	all	all	DET
fbem-16438	18	24	the	the	DET
fbem-16438	18	25	media	medium	NOUN
fbem-16438	18	26	reports	report	NOUN
fbem-16438	18	27	related	relate	VERB
fbem-16438	18	28	to	to	ADP
fbem-16438	18	29	the	the	DET
fbem-16438	18	30	company	company	NOUN
fbem-16438	18	31	,	,	PUNCT
fbem-16438	18	32	and	and	CCONJ
fbem-16438	18	33	enriches	enrich	VERB
fbem-16438	18	34	the	the	DET
fbem-16438	18	35	source	source	NOUN
fbem-16438	18	36	of	of	ADP
fbem-16438	18	37	data	datum	NOUN
fbem-16438	18	38	for	for	ADP
fbem-16438	18	39	the	the	DET
fbem-16438	18	40	research	research	NOUN
fbem-16438	18	41	related	relate	VERB
fbem-16438	18	42	to	to	ADP
fbem-16438	18	43	media	medium	NOUN
fbem-16438	18	44	reports	report	NOUN
fbem-16438	18	45	;	;	PUNCT
fbem-16438	18	46	innovative	innovative	ADJ
fbem-16438	18	47	research	research	NOUN
fbem-16438	18	48	perspectives	perspective	NOUN
fbem-16438	18	49	:	:	PUNCT
fbem-16438	18	50	most	most	ADJ
fbem-16438	18	51	of	of	ADP
fbem-16438	18	52	the	the	DET
fbem-16438	18	53	previous	previous	ADJ
fbem-16438	18	54	studies	study	NOUN
fbem-16438	18	55	are	be	AUX
fbem-16438	18	56	based	base	VERB
fbem-16438	18	57	on	on	ADP
fbem-16438	18	58	the	the	DET
fbem-16438	18	59	top	top	ADJ
fbem-16438	18	60	echelon	echelon	NOUN
fbem-16438	18	61	theory	theory	NOUN
fbem-16438	18	62	,	,	PUNCT
fbem-16438	18	63	which	which	PRON
fbem-16438	18	64	examines	examine	VERB
fbem-16438	18	65	the	the	DET
fbem-16438	18	66	impact	impact	NOUN
fbem-16438	18	67	of	of	ADP
fbem-16438	18	68	the	the	DET
fbem-16438	18	69	knowledge	knowledge	NOUN
fbem-16438	18	70	structure	structure	NOUN
fbem-16438	18	71	,	,	PUNCT
fbem-16438	18	72	professional	professional	ADJ
fbem-16438	18	73	experience	experience	NOUN
fbem-16438	18	74	,	,	PUNCT
fbem-16438	18	75	and	and	CCONJ
fbem-16438	18	76	character	character	NOUN
fbem-16438	18	77	traits	trait	NOUN
fbem-16438	18	78	of	of	ADP
fbem-16438	18	79	corporate	corporate	ADJ
fbem-16438	18	80	board	board	NOUN
fbem-16438	18	81	members	member	NOUN
fbem-16438	18	82	on	on	ADP
fbem-16438	18	83	the	the	DET
fbem-16438	18	84	behavior	behavior	NOUN
fbem-16438	18	85	of	of	ADP
fbem-16438	18	86	executives	executive	NOUN
fbem-16438	18	87	and	and	CCONJ
fbem-16438	18	88	thus	thus	ADV
fbem-16438	18	89	on	on	ADP
fbem-16438	18	90	corporate	corporate	ADJ
fbem-16438	18	91	governance	governance	NOUN
fbem-16438	18	92	,	,	PUNCT
fbem-16438	18	93	or	or	CCONJ
fbem-16438	18	94	the	the	DET
fbem-16438	18	95	impact	impact	NOUN
fbem-16438	18	96	of	of	ADP
fbem-16438	18	97	a	a	DET
fbem-16438	18	98	company	company	NOUN
fbem-16438	18	99	's	's	PART
fbem-16438	18	100	media	media	NOUN
fbem-16438	18	101	background	background	NOUN
fbem-16438	18	102	on	on	ADP
fbem-16438	18	103	media	medium	NOUN
fbem-16438	18	104	coverage	coverage	NOUN
fbem-16438	18	105	and	and	CCONJ
fbem-16438	18	106	the	the	DET
fbem-16438	18	107	impact	impact	NOUN
fbem-16438	18	108	of	of	ADP
fbem-16438	18	109	media	medium	NOUN
fbem-16438	18	110	coverage	coverage	NOUN
fbem-16438	18	111	on	on	ADP
fbem-16438	18	112	corporate	corporate	ADJ
fbem-16438	18	113	governance	governance	NOUN
fbem-16438	18	114	.	.	PUNCT
fbem-16438	19	1	however	however	ADV
fbem-16438	19	2	,	,	PUNCT
fbem-16438	19	3	this	this	DET
fbem-16438	19	4	paper	paper	NOUN
fbem-16438	19	5	investigates	investigate	VERB
fbem-16438	19	6	the	the	DET
fbem-16438	19	7	impact	impact	NOUN
fbem-16438	19	8	of	of	ADP
fbem-16438	19	9	board	board	NOUN
fbem-16438	19	10	members	member	NOUN
fbem-16438	19	11	'	'	PART
fbem-16438	19	12	media	medium	NOUN
fbem-16438	19	13	background	background	NOUN
fbem-16438	19	14	on	on	ADP
fbem-16438	19	15	media	medium	NOUN
fbem-16438	19	16	coverage	coverage	NOUN
fbem-16438	19	17	,	,	PUNCT
fbem-16438	19	18	which	which	PRON
fbem-16438	19	19	in	in	ADP
fbem-16438	19	20	turn	turn	NOUN
fbem-16438	19	21	affects	affect	VERB
fbem-16438	19	22	the	the	DET
fbem-16438	19	23	company	company	NOUN
fbem-16438	19	24	's	's	PART
fbem-16438	19	25	financing	financing	NOUN
fbem-16438	19	26	methods	method	NOUN
fbem-16438	19	27	and	and	CCONJ
fbem-16438	19	28	external	external	ADJ
fbem-16438	19	29	governance	governance	NOUN
fbem-16438	19	30	,	,	PUNCT
fbem-16438	19	31	and	and	CCONJ
fbem-16438	19	32	to	to	ADP
fbem-16438	19	33	a	a	DET
fbem-16438	19	34	certain	certain	ADJ
fbem-16438	19	35	extent	extent	NOUN
fbem-16438	19	36	innovates	innovate	VERB
fbem-16438	19	37	the	the	DET
fbem-16438	19	38	research	research	NOUN
fbem-16438	19	39	perspective	perspective	NOUN
fbem-16438	19	40	.	.	PUNCT
fbem-16438	20	1	variable	variable	ADJ
fbem-16438	20	2	design	design	NOUN
fbem-16438	20	3	is	be	AUX
fbem-16438	20	4	innovative	innovative	ADJ
fbem-16438	20	5	:	:	PUNCT
fbem-16438	20	6	the	the	DET
fbem-16438	20	7	core	core	ADJ
fbem-16438	20	8	variable	variable	NOUN
fbem-16438	20	9	of	of	ADP
fbem-16438	20	10	this	this	DET
fbem-16438	20	11	paper	paper	NOUN
fbem-16438	20	12	is	be	AUX
fbem-16438	20	13	that	that	SCONJ
fbem-16438	20	14	members	member	NOUN
fbem-16438	20	15	of	of	ADP
fbem-16438	20	16	the	the	DET
fbem-16438	20	17	board	board	NOUN
fbem-16438	20	18	of	of	ADP
fbem-16438	20	19	directors	director	NOUN
fbem-16438	20	20	of	of	ADP
fbem-16438	20	21	listed	list	VERB
fbem-16438	20	22	companies	company	NOUN
fbem-16438	20	23	also	also	ADV
fbem-16438	20	24	serve	serve	VERB
fbem-16438	20	25	as	as	ADP
fbem-16438	20	26	members	member	NOUN
fbem-16438	20	27	of	of	ADP
fbem-16438	20	28	the	the	DET
fbem-16438	20	29	board	board	NOUN
fbem-16438	20	30	of	of	ADP
fbem-16438	20	31	directors	director	NOUN
fbem-16438	20	32	of	of	ADP
fbem-16438	20	33	media	medium	NOUN
fbem-16438	20	34	companies	company	NOUN
fbem-16438	20	35	(	(	PUNCT
fbem-16438	20	36	mld	mld	PROPN
fbem-16438	20	37	)	)	PUNCT
fbem-16438	20	38	,	,	PUNCT
fbem-16438	20	39	which	which	PRON
fbem-16438	20	40	has	have	AUX
fbem-16438	20	41	not	not	PART
fbem-16438	20	42	yet	yet	ADV
fbem-16438	20	43	been	be	AUX
fbem-16438	20	44	collected	collect	VERB
fbem-16438	20	45	by	by	ADP
fbem-16438	20	46	any	any	DET
fbem-16438	20	47	domestic	domestic	ADJ
fbem-16438	20	48	research	research	NOUN
fbem-16438	20	49	,	,	PUNCT
fbem-16438	20	50	and	and	CCONJ
fbem-16438	20	51	the	the	DET
fbem-16438	20	52	existing	exist	VERB
fbem-16438	20	53	research	research	NOUN
fbem-16438	20	54	has	have	AUX
fbem-16438	20	55	mostly	mostly	ADV
fbem-16438	20	56	chosen	choose	VERB
fbem-16438	20	57	the	the	DET
fbem-16438	20	58	number	number	NOUN
fbem-16438	20	59	of	of	ADP
fbem-16438	20	60	negative	negative	ADJ
fbem-16438	20	61	reports	report	NOUN
fbem-16438	20	62	and	and	CCONJ
fbem-16438	20	63	the	the	DET
fbem-16438	20	64	percentage	percentage	NOUN
fbem-16438	20	65	of	of	ADP
fbem-16438	20	66	negative	negative	ADJ
fbem-16438	20	67	reports	report	NOUN
fbem-16438	20	68	to	to	PART
fbem-16438	20	69	measure	measure	VERB
fbem-16438	20	70	the	the	DET
fbem-16438	20	71	degree	degree	NOUN
fbem-16438	20	72	of	of	ADP
fbem-16438	20	73	negative	negative	ADJ
fbem-16438	20	74	reports	report	NOUN
fbem-16438	20	75	,	,	PUNCT
fbem-16438	20	76	but	but	CCONJ
fbem-16438	20	77	the	the	DET
fbem-16438	20	78	influence	influence	NOUN
fbem-16438	20	79	of	of	ADP
fbem-16438	20	80	negative	negative	ADJ
fbem-16438	20	81	reports	report	NOUN
fbem-16438	20	82	will	will	AUX
fbem-16438	20	83	vary	vary	VERB
fbem-16438	20	84	greatly	greatly	ADV
fbem-16438	20	85	depending	depend	VERB
fbem-16438	20	86	on	on	ADP
fbem-16438	20	87	the	the	DET
fbem-16438	20	88	degree	degree	NOUN
fbem-16438	20	89	of	of	ADP
fbem-16438	20	90	the	the	DET
fbem-16438	20	91	negative	negative	ADJ
fbem-16438	20	92	tone	tone	NOUN
fbem-16438	20	93	of	of	ADP
fbem-16438	20	94	the	the	DET
fbem-16438	20	95	reports	report	NOUN
fbem-16438	20	96	,	,	PUNCT
fbem-16438	20	97	so	so	SCONJ
fbem-16438	20	98	this	this	DET
fbem-16438	20	99	paper	paper	NOUN
fbem-16438	20	100	adopts	adopt	VERB
fbem-16438	20	101	the	the	DET
fbem-16438	20	102	natural	natural	ADJ
fbem-16438	20	103	language	language	NOUN
fbem-16438	20	104	processing	processing	NOUN
fbem-16438	20	105	tool	tool	NOUN
fbem-16438	20	106	to	to	PART
fbem-16438	20	107	analyze	analyze	VERB
fbem-16438	20	108	the	the	DET
fbem-16438	20	109	text	text	NOUN
fbem-16438	20	110	of	of	ADP
fbem-16438	20	111	the	the	DET
fbem-16438	20	112	media	media	NOUN
fbem-16438	20	113	reports	report	NOUN
fbem-16438	20	114	to	to	PART
fbem-16438	20	115	obtain	obtain	VERB
fbem-16438	20	116	the	the	DET
fbem-16438	20	117	score	score	NOUN
fbem-16438	20	118	of	of	ADP
fbem-16438	20	119	the	the	DET
fbem-16438	20	120	negative	negative	ADJ
fbem-16438	20	121	tone	tone	NOUN
fbem-16438	20	122	of	of	ADP
fbem-16438	20	123	the	the	DET
fbem-16438	20	124	media	medium	NOUN
fbem-16438	20	125	reports	report	NOUN
fbem-16438	20	126	.	.	PUNCT
fbem-16438	21	1	this	this	DET
fbem-16438	21	2	paper	paper	NOUN
fbem-16438	21	3	uses	use	VERB
fbem-16438	21	4	natural	natural	ADJ
fbem-16438	21	5	language	language	NOUN
fbem-16438	21	6	processing	processing	NOUN
fbem-16438	21	7	tools	tool	NOUN
fbem-16438	21	8	to	to	PART
fbem-16438	21	9	analyze	analyze	VERB
fbem-16438	21	10	the	the	DET
fbem-16438	21	11	text	text	NOUN
fbem-16438	21	12	of	of	ADP
fbem-16438	21	13	media	medium	NOUN
fbem-16438	21	14	reports	report	NOUN
fbem-16438	21	15	to	to	PART
fbem-16438	21	16	obtain	obtain	VERB
fbem-16438	21	17	scores	score	NOUN
fbem-16438	21	18	for	for	ADP
fbem-16438	21	19	the	the	DET
fbem-16438	21	20	negative	negative	ADJ
fbem-16438	21	21	tone	tone	NOUN
fbem-16438	21	22	of	of	ADP
fbem-16438	21	23	media	medium	NOUN
fbem-16438	21	24	reports	report	NOUN
fbem-16438	21	25	,	,	PUNCT
fbem-16438	21	26	and	and	CCONJ
fbem-16438	21	27	selects	select	VERB
fbem-16438	21	28	the	the	DET
fbem-16438	21	29	tone	tone	NOUN
fbem-16438	21	30	of	of	ADP
fbem-16438	21	31	negative	negative	ADJ
fbem-16438	21	32	reports	report	NOUN
fbem-16438	21	33	,	,	PUNCT
fbem-16438	21	34	the	the	DET
fbem-16438	21	35	number	number	NOUN
fbem-16438	21	36	of	of	ADP
fbem-16438	21	37	negative	negative	ADJ
fbem-16438	21	38	reports	report	NOUN
fbem-16438	21	39	,	,	PUNCT
fbem-16438	21	40	and	and	CCONJ
fbem-16438	21	41	the	the	DET
fbem-16438	21	42	percentage	percentage	NOUN
fbem-16438	21	43	of	of	ADP
fbem-16438	21	44	negative	negative	ADJ
fbem-16438	21	45	reports	report	NOUN
fbem-16438	21	46	to	to	PART
fbem-16438	21	47	measure	measure	VERB
fbem-16438	21	48	the	the	DET
fbem-16438	21	49	degree	degree	NOUN
fbem-16438	21	50	of	of	ADP
fbem-16438	21	51	negative	negative	ADJ
fbem-16438	21	52	reports	report	NOUN
fbem-16438	21	53	respectively	respectively	ADV
fbem-16438	21	54	.	.	PUNCT
fbem-16438	22	1	at	at	ADP
fbem-16438	22	2	the	the	DET
fbem-16438	22	3	same	same	ADJ
fbem-16438	22	4	time	time	NOUN
fbem-16438	22	5	,	,	PUNCT
fbem-16438	22	6	this	this	DET
fbem-16438	22	7	paper	paper	NOUN
fbem-16438	22	8	adds	add	VERB
fbem-16438	22	9	media	medium	NOUN
fbem-16438	22	10	attention	attention	NOUN
fbem-16438	22	11	as	as	ADP
fbem-16438	22	12	a	a	DET
fbem-16438	22	13	moderator	moderator	NOUN
fbem-16438	22	14	to	to	PART
fbem-16438	22	15	study	study	VERB
fbem-16438	22	16	the	the	DET
fbem-16438	22	17	external	external	ADJ
fbem-16438	22	18	monitoring	monitoring	NOUN
fbem-16438	22	19	role	role	NOUN
fbem-16438	22	20	played	play	VERB
fbem-16438	22	21	by	by	ADP
fbem-16438	22	22	negative	negative	ADJ
fbem-16438	22	23	reports	report	NOUN
fbem-16438	22	24	on	on	ADP
fbem-16438	22	25	major	major	ADJ
fbem-16438	22	26	asset	asset	NOUN
fbem-16438	22	27	reorganization	reorganization	NOUN
fbem-16438	22	28	events	event	NOUN
fbem-16438	22	29	of	of	ADP
fbem-16438	22	30	listed	list	VERB
fbem-16438	22	31	companies	company	NOUN
fbem-16438	22	32	under	under	ADP
fbem-16438	22	33	different	different	ADJ
fbem-16438	22	34	degrees	degree	NOUN
fbem-16438	22	35	of	of	ADP
fbem-16438	22	36	media	medium	NOUN
fbem-16438	22	37	attention	attention	NOUN
fbem-16438	22	38	,	,	PUNCT
fbem-16438	22	39	which	which	PRON
fbem-16438	22	40	provides	provide	VERB
fbem-16438	22	41	a	a	DET
fbem-16438	22	42	certain	certain	ADJ
fbem-16438	22	43	foundation	foundation	NOUN
fbem-16438	22	44	for	for	ADP
fbem-16438	22	45	other	other	ADJ
fbem-16438	22	46	scholars	scholar	NOUN
fbem-16438	22	47	to	to	PART
fbem-16438	22	48	conduct	conduct	VERB
fbem-16438	22	49	more	more	ADJ
fbem-16438	22	50	in	in	ADP
fbem-16438	22	51	-	-	PUNCT
fbem-16438	22	52	depth	depth	NOUN
fbem-16438	22	53	research	research	NOUN
fbem-16438	22	54	on	on	ADP
fbem-16438	22	55	this	this	DET
fbem-16438	22	56	topic	topic	NOUN
fbem-16438	22	57	.	.	PUNCT
fbem-16438	23	1	it	it	PRON
fbem-16438	23	2	also	also	ADV
fbem-16438	23	3	provides	provide	VERB
fbem-16438	23	4	chinese	chinese	ADJ
fbem-16438	23	5	empirical	empirical	ADJ
fbem-16438	23	6	evidence	evidence	NOUN
fbem-16438	23	7	for	for	ADP
fbem-16438	23	8	alberta	alberta	PROPN
fbem-16438	23	9	's	's	PART
fbem-16438	23	10	(	(	PUNCT
fbem-16438	23	11	2021	2021	NUM
fbem-16438	23	12	)	)	PUNCT
fbem-16438	23	13	study	study	NOUN
fbem-16438	23	14	on	on	ADP
fbem-16438	23	15	the	the	DET
fbem-16438	23	16	impact	impact	NOUN
fbem-16438	23	17	of	of	ADP
fbem-16438	23	18	mediaaffiliated	mediaaffiliate	VERB
fbem-16438	23	19	directors	director	NOUN
fbem-16438	23	20	on	on	ADP
fbem-16438	23	21	corporate	corporate	ADJ
fbem-16438	23	22	finance	finance	NOUN
fbem-16438	23	23	and	and	CCONJ
fbem-16438	23	24	external	external	ADJ
fbem-16438	23	25	governance	governance	NOUN
fbem-16438	23	26	.	.	PUNCT
fbem-16438	24	1	2	2	X
fbem-16438	24	2	.	.	X
fbem-16438	24	3	theoretical	theoretical	ADJ
fbem-16438	24	4	analysis	analysis	NOUN
fbem-16438	24	5	and	and	CCONJ
fbem-16438	24	6	research	research	NOUN
fbem-16438	24	7	hypotheses	hypothesis	NOUN
fbem-16438	24	8	(	(	PUNCT
fbem-16438	24	9	1	1	X
fbem-16438	24	10	)	)	PUNCT
fbem-16438	24	11	studies	study	NOUN
fbem-16438	24	12	related	relate	VERB
fbem-16438	24	13	to	to	ADP
fbem-16438	24	14	media	medium	NOUN
fbem-16438	24	15	coverage	coverage	NOUN
fbem-16438	24	16	to	to	PART
fbem-16438	24	17	enhance	enhance	VERB
fbem-16438	24	18	visibility	visibility	NOUN
fbem-16438	24	19	the	the	DET
fbem-16438	24	20	information	information	NOUN
fbem-16438	24	21	intermediation	intermediation	NOUN
fbem-16438	24	22	effect	effect	NOUN
fbem-16438	24	23	of	of	ADP
fbem-16438	24	24	the	the	DET
fbem-16438	24	25	media	medium	NOUN
fbem-16438	24	26	can	can	AUX
fbem-16438	24	27	have	have	VERB
fbem-16438	24	28	a	a	DET
fbem-16438	24	29	positive	positive	ADJ
fbem-16438	24	30	impact	impact	NOUN
fbem-16438	24	31	on	on	ADP
fbem-16438	24	32	corporate	corporate	ADJ
fbem-16438	24	33	financing	financing	NOUN
fbem-16438	24	34	channels	channel	NOUN
fbem-16438	24	35	and	and	CCONJ
fbem-16438	24	36	financing	financing	NOUN
fbem-16438	24	37	costs	cost	NOUN
fbem-16438	24	38	.	.	PUNCT
fbem-16438	25	1	lu	lu	PROPN
fbem-16438	25	2	wenbin	wenbin	AUX
fbem-16438	25	3	et	et	PROPN
fbem-16438	25	4	al	al	PROPN
fbem-16438	25	5	.	.	PROPN
fbem-16438	25	6	examined	examine	VERB
fbem-16438	25	7	the	the	DET
fbem-16438	25	8	impact	impact	NOUN
fbem-16438	25	9	of	of	ADP
fbem-16438	25	10	media	medium	NOUN
fbem-16438	25	11	coverage	coverage	NOUN
fbem-16438	25	12	on	on	ADP
fbem-16438	25	13	the	the	DET
fbem-16438	25	14	cost	cost	NOUN
fbem-16438	25	15	of	of	ADP
fbem-16438	25	16	equity	equity	NOUN
fbem-16438	25	17	capital	capital	NOUN
fbem-16438	25	18	and	and	CCONJ
fbem-16438	25	19	found	find	VERB
fbem-16438	25	20	that	that	SCONJ
fbem-16438	25	21	the	the	DET
fbem-16438	25	22	media	media	NOUN
fbem-16438	25	23	plays	play	VERB
fbem-16438	25	24	the	the	DET
fbem-16438	25	25	dual	dual	ADJ
fbem-16438	25	26	role	role	NOUN
fbem-16438	25	27	of	of	ADP
fbem-16438	25	28	corporate	corporate	ADJ
fbem-16438	25	29	governance	governance	NOUN
fbem-16438	25	30	and	and	CCONJ
fbem-16438	25	31	information	information	NOUN
fbem-16438	25	32	dissemination	dissemination	NOUN
fbem-16438	25	33	,	,	PUNCT
fbem-16438	25	34	easing	ease	VERB
fbem-16438	25	35	the	the	DET
fbem-16438	25	36	information	information	NOUN
fbem-16438	25	37	asymmetry	asymmetry	NOUN
fbem-16438	25	38	between	between	ADP
fbem-16438	25	39	investors	investor	NOUN
fbem-16438	25	40	and	and	CCONJ
fbem-16438	25	41	firms	firm	NOUN
fbem-16438	25	42	and	and	CCONJ
fbem-16438	25	43	reducing	reduce	VERB
fbem-16438	25	44	the	the	DET
fbem-16438	25	45	cost	cost	NOUN
fbem-16438	25	46	of	of	ADP
fbem-16438	25	47	corporate	corporate	ADJ
fbem-16438	25	48	finance	finance	NOUN
fbem-16438	25	49	.	.	PUNCT
fbem-16438	26	1	the	the	DET
fbem-16438	26	2	study	study	NOUN
fbem-16438	26	3	by	by	ADP
fbem-16438	26	4	xia	xia	PROPN
fbem-16438	26	5	tuan	tuan	PROPN
fbem-16438	26	6	and	and	CCONJ
fbem-16438	26	7	zheng	zheng	PROPN
fbem-16438	26	8	found	find	VERB
fbem-16438	26	9	similar	similar	ADJ
fbem-16438	26	10	conclusions	conclusion	NOUN
fbem-16438	26	11	that	that	SCONJ
fbem-16438	26	12	media	medium	NOUN
fbem-16438	26	13	coverage	coverage	NOUN
fbem-16438	26	14	,	,	PUNCT
fbem-16438	26	15	especially	especially	ADV
fbem-16438	26	16	positive	positive	ADJ
fbem-16438	26	17	coverage	coverage	NOUN
fbem-16438	26	18	,	,	PUNCT
fbem-16438	26	19	reduces	reduce	VERB
fbem-16438	26	20	the	the	DET
fbem-16438	26	21	cost	cost	NOUN
fbem-16438	26	22	of	of	ADP
fbem-16438	26	23	capital	capital	NOUN
fbem-16438	26	24	and	and	CCONJ
fbem-16438	26	25	eases	ease	VERB
fbem-16438	26	26	corporate	corporate	ADJ
fbem-16438	26	27	financing	financing	NOUN
fbem-16438	26	28	constraints	constraint	NOUN
fbem-16438	26	29	,	,	PUNCT
fbem-16438	26	30	and	and	CCONJ
fbem-16438	26	31	that	that	SCONJ
fbem-16438	26	32	an	an	DET
fbem-16438	26	33	increase	increase	NOUN
fbem-16438	26	34	in	in	ADP
fbem-16438	26	35	media	medium	NOUN
fbem-16438	26	36	credibility	credibility	NOUN
fbem-16438	26	37	strengthens	strengthen	VERB
fbem-16438	26	38	the	the	DET
fbem-16438	26	39	role	role	NOUN
fbem-16438	26	40	of	of	ADP
fbem-16438	26	41	positive	positive	ADJ
fbem-16438	26	42	coverage	coverage	NOUN
fbem-16438	26	43	.	.	PUNCT
fbem-16438	27	1	lin	lin	PROPN
fbem-16438	27	2	huiting	huite	VERB
fbem-16438	27	3	et	et	PROPN
fbem-16438	27	4	al	al	PROPN
fbem-16438	27	5	.	.	PROPN
fbem-16438	27	6	examined	examine	VERB
fbem-16438	27	7	the	the	DET
fbem-16438	27	8	impact	impact	NOUN
fbem-16438	27	9	of	of	ADP
fbem-16438	27	10	media	medium	NOUN
fbem-16438	27	11	coverage	coverage	NOUN
fbem-16438	27	12	on	on	ADP
fbem-16438	27	13	corporate	corporate	ADJ
fbem-16438	27	14	financing	financing	NOUN
fbem-16438	27	15	from	from	ADP
fbem-16438	27	16	the	the	DET
fbem-16438	27	17	perspective	perspective	NOUN
fbem-16438	27	18	of	of	ADP
fbem-16438	27	19	capital	capital	NOUN
fbem-16438	27	20	structure	structure	NOUN
fbem-16438	27	21	adjustment	adjustment	NOUN
fbem-16438	27	22	and	and	CCONJ
fbem-16438	27	23	found	find	VERB
fbem-16438	27	24	that	that	SCONJ
fbem-16438	27	25	the	the	PRON
fbem-16438	27	26	higher	high	ADJ
fbem-16438	27	27	the	the	DET
fbem-16438	27	28	level	level	NOUN
fbem-16438	27	29	of	of	ADP
fbem-16438	27	30	media	medium	NOUN
fbem-16438	27	31	coverage	coverage	NOUN
fbem-16438	27	32	,	,	PUNCT
fbem-16438	27	33	the	the	PRON
fbem-16438	27	34	higher	high	ADJ
fbem-16438	27	35	the	the	DET
fbem-16438	27	36	probability	probability	NOUN
fbem-16438	27	37	of	of	ADP
fbem-16438	27	38	increasing	increase	VERB
fbem-16438	27	39	debt	debt	NOUN
fbem-16438	27	40	when	when	SCONJ
fbem-16438	27	41	the	the	DET
fbem-16438	27	42	level	level	NOUN
fbem-16438	27	43	of	of	ADP
fbem-16438	27	44	media	medium	NOUN
fbem-16438	27	45	coverage	coverage	NOUN
fbem-16438	27	46	is	be	AUX
fbem-16438	27	47	lower	low	ADJ
fbem-16438	27	48	than	than	ADP
fbem-16438	27	49	the	the	DET
fbem-16438	27	50	target	target	NOUN
fbem-16438	27	51	level	level	NOUN
fbem-16438	27	52	;	;	PUNCT
fbem-16438	27	53	and	and	CCONJ
fbem-16438	27	54	the	the	PRON
fbem-16438	27	55	higher	high	ADJ
fbem-16438	27	56	the	the	DET
fbem-16438	27	57	probability	probability	NOUN
fbem-16438	27	58	of	of	ADP
fbem-16438	27	59	repaying	repay	VERB
fbem-16438	27	60	debt	debt	NOUN
fbem-16438	27	61	and	and	CCONJ
fbem-16438	27	62	issuing	issue	VERB
fbem-16438	27	63	stock	stock	NOUN
fbem-16438	27	64	when	when	SCONJ
fbem-16438	27	65	the	the	DET
fbem-16438	27	66	level	level	NOUN
fbem-16438	27	67	is	be	AUX
fbem-16438	27	68	higher	high	ADJ
fbem-16438	27	69	than	than	ADP
fbem-16438	27	70	the	the	DET
fbem-16438	27	71	target	target	NOUN
fbem-16438	27	72	level	level	NOUN
fbem-16438	27	73	,	,	PUNCT
fbem-16438	27	74	which	which	PRON
fbem-16438	27	75	indicates	indicate	VERB
fbem-16438	27	76	that	that	SCONJ
fbem-16438	27	77	media	medium	NOUN
fbem-16438	27	78	coverage	coverage	NOUN
fbem-16438	27	79	improves	improve	VERB
fbem-16438	27	80	the	the	DET
fbem-16438	27	81	speed	speed	NOUN
fbem-16438	27	82	of	of	ADP
fbem-16438	27	83	dynamic	dynamic	ADJ
fbem-16438	27	84	adjustments	adjustment	NOUN
fbem-16438	27	85	of	of	ADP
fbem-16438	27	86	the	the	DET
fbem-16438	27	87	capital	capital	NOUN
fbem-16438	27	88	structure	structure	NOUN
fbem-16438	27	89	of	of	ADP
fbem-16438	27	90	the	the	DET
fbem-16438	27	91	enterprise	enterprise	NOUN
fbem-16438	27	92	and	and	CCONJ
fbem-16438	27	93	exerts	exert	VERB
fbem-16438	27	94	a	a	DET
fbem-16438	27	95	positive	positive	ADJ
fbem-16438	27	96	infomediator	infomediator	NOUN
fbem-16438	27	97	effect	effect	NOUN
fbem-16438	27	98	.	.	PUNCT
fbem-16438	28	1	in	in	ADP
fbem-16438	28	2	the	the	DET
fbem-16438	28	3	credit	credit	NOUN
fbem-16438	28	4	market	market	NOUN
fbem-16438	28	5	,	,	PUNCT
fbem-16438	28	6	media	medium	NOUN
fbem-16438	28	7	reports	report	NOUN
fbem-16438	28	8	also	also	ADV
fbem-16438	28	9	play	play	VERB
fbem-16438	28	10	a	a	DET
fbem-16438	28	11	positive	positive	ADJ
fbem-16438	28	12	information	information	NOUN
fbem-16438	28	13	mediation	mediation	NOUN
fbem-16438	28	14	effect	effect	NOUN
fbem-16438	28	15	.	.	PUNCT
fbem-16438	29	1	lai	lai	PROPN
fbem-16438	29	2	lai	lai	PROPN
fbem-16438	29	3	et	et	PROPN
fbem-16438	29	4	al	al	PROPN
fbem-16438	29	5	.	.	PROPN
fbem-16438	29	6	found	find	VERB
fbem-16438	29	7	that	that	SCONJ
fbem-16438	29	8	enterprises	enterprise	NOUN
fbem-16438	29	9	with	with	ADP
fbem-16438	29	10	more	more	ADV
fbem-16438	29	11	negative	negative	ADJ
fbem-16438	29	12	reports	report	NOUN
fbem-16438	29	13	obtain	obtain	VERB
fbem-16438	29	14	fewer	few	ADJ
fbem-16438	29	15	credit	credit	NOUN
fbem-16438	29	16	resources	resource	NOUN
fbem-16438	29	17	,	,	PUNCT
fbem-16438	29	18	and	and	CCONJ
fbem-16438	29	19	enterprises	enterprise	NOUN
fbem-16438	29	20	with	with	ADP
fbem-16438	29	21	more	more	ADJ
fbem-16438	29	22	non	non	ADJ
fbem-16438	29	23	-	-	ADJ
fbem-16438	29	24	negative	negative	ADJ
fbem-16438	29	25	reports	report	NOUN
fbem-16438	29	26	obtain	obtain	VERB
fbem-16438	29	27	more	more	ADJ
fbem-16438	29	28	credit	credit	NOUN
fbem-16438	29	29	resources	resource	NOUN
fbem-16438	29	30	,	,	PUNCT
fbem-16438	29	31	indicating	indicate	VERB
fbem-16438	29	32	that	that	SCONJ
fbem-16438	29	33	media	medium	NOUN
fbem-16438	29	34	reports	report	NOUN
fbem-16438	29	35	alleviate	alleviate	VERB
fbem-16438	29	36	the	the	DET
fbem-16438	29	37	information	information	NOUN
fbem-16438	29	38	asymmetry	asymmetry	NOUN
fbem-16438	29	39	between	between	ADP
fbem-16438	29	40	banks	bank	NOUN
fbem-16438	29	41	and	and	CCONJ
fbem-16438	29	42	enterprises	enterprise	NOUN
fbem-16438	29	43	,	,	PUNCT
fbem-16438	29	44	which	which	PRON
fbem-16438	29	45	is	be	AUX
fbem-16438	29	46	conducive	conducive	ADJ
fbem-16438	29	47	to	to	ADP
fbem-16438	29	48	the	the	DET
fbem-16438	29	49	optimization	optimization	NOUN
fbem-16438	29	50	of	of	ADP
fbem-16438	29	51	resource	resource	NOUN
fbem-16438	29	52	allocation	allocation	NOUN
fbem-16438	29	53	.	.	PUNCT
fbem-16438	30	1	liao	liao	PROPN
fbem-16438	30	2	liankai	liankai	PROPN
fbem-16438	30	3	(	(	PUNCT
fbem-16438	30	4	2021	2021	NUM
fbem-16438	30	5	)	)	PUNCT
fbem-16438	30	6	argues	argue	VERB
fbem-16438	30	7	that	that	SCONJ
fbem-16438	30	8	media	medium	NOUN
fbem-16438	30	9	reports	report	NOUN
fbem-16438	30	10	can	can	AUX
fbem-16438	30	11	reduce	reduce	VERB
fbem-16438	30	12	information	information	NOUN
fbem-16438	30	13	asymmetry	asymmetry	NOUN
fbem-16438	30	14	within	within	ADP
fbem-16438	30	15	enterprises	enterprise	NOUN
fbem-16438	30	16	and	and	CCONJ
fbem-16438	30	17	alleviate	alleviate	VERB
fbem-16438	30	18	financing	financing	NOUN
fbem-16438	30	19	constraints	constraint	NOUN
fbem-16438	30	20	.	.	PUNCT
fbem-16438	31	1	ning	ning	PROPN
fbem-16438	31	2	yuxin	yuxin	PROPN
fbem-16438	31	3	(	(	PUNCT
fbem-16438	31	4	2022	2022	NUM
fbem-16438	31	5	)	)	PUNCT
fbem-16438	31	6	humanities	humanity	NOUN
fbem-16438	31	7	media	media	VERB
fbem-16438	31	8	attention	attention	NOUN
fbem-16438	31	9	to	to	PART
fbem-16438	31	10	increase	increase	NOUN
fbem-16438	31	11	can	can	AUX
fbem-16438	31	12	alleviate	alleviate	VERB
fbem-16438	31	13	the	the	DET
fbem-16438	31	14	information	information	NOUN
fbem-16438	31	15	asymmetry	asymmetry	VERB
fbem-16438	31	16	what	what	PRON
fbem-16438	31	17	a	a	X
fbem-16438	31	18	,	,	PUNCT
fbem-16438	31	19	reduce	reduce	VERB
fbem-16438	31	20	the	the	DET
fbem-16438	31	21	cost	cost	NOUN
fbem-16438	31	22	of	of	ADP
fbem-16438	31	23	corporate	corporate	ADJ
fbem-16438	31	24	debt	debt	NOUN
fbem-16438	31	25	financing	financing	NOUN
fbem-16438	31	26	,	,	PUNCT
fbem-16438	31	27	because	because	SCONJ
fbem-16438	31	28	the	the	DET
fbem-16438	31	29	creditor	creditor	NOUN
fbem-16438	31	30	can	can	AUX
fbem-16438	31	31	through	through	ADP
fbem-16438	31	32	the	the	DET
fbem-16438	31	33	media	media	NOUN
fbem-16438	31	34	coverage	coverage	NOUN
fbem-16438	31	35	to	to	PART
fbem-16438	31	36	understand	understand	VERB
fbem-16438	31	37	the	the	DET
fbem-16438	31	38	use	use	NOUN
fbem-16438	31	39	of	of	ADP
fbem-16438	31	40	the	the	DET
fbem-16438	31	41	company	company	NOUN
fbem-16438	31	42	's	's	PART
fbem-16438	31	43	debt	debt	NOUN
fbem-16438	31	44	financing	financing	NOUN
fbem-16438	31	45	funds	fund	NOUN
fbem-16438	31	46	,	,	PUNCT
fbem-16438	31	47	so	so	SCONJ
fbem-16438	31	48	it	it	PRON
fbem-16438	31	49	will	will	AUX
fbem-16438	31	50	ask	ask	VERB
fbem-16438	31	51	for	for	ADP
fbem-16438	31	52	a	a	DET
fbem-16438	31	53	lower	low	ADJ
fbem-16438	31	54	interest	interest	NOUN
fbem-16438	31	55	rate	rate	NOUN
fbem-16438	31	56	.	.	PUNCT
fbem-16438	32	1	the	the	DET
fbem-16438	32	2	interest	interest	NOUN
fbem-16438	32	3	rate	rate	NOUN
fbem-16438	32	4	requirement	requirement	NOUN
fbem-16438	32	5	will	will	AUX
fbem-16438	32	6	then	then	ADV
fbem-16438	32	7	be	be	AUX
fbem-16438	32	8	reduced	reduce	VERB
fbem-16438	32	9	with	with	ADP
fbem-16438	32	10	the	the	DET
fbem-16438	32	11	reduction	reduction	NOUN
fbem-16438	32	12	of	of	ADP
fbem-16438	32	13	investment	investment	NOUN
fbem-16438	32	14	risk	risk	NOUN
fbem-16438	32	15	,	,	PUNCT
fbem-16438	32	16	and	and	CCONJ
fbem-16438	32	17	the	the	DET
fbem-16438	32	18	cost	cost	NOUN
fbem-16438	32	19	of	of	ADP
fbem-16438	32	20	corporate	corporate	ADJ
fbem-16438	32	21	debt	debt	NOUN
fbem-16438	32	22	financing	financing	NOUN
fbem-16438	32	23	is	be	AUX
fbem-16438	32	24	subsequently	subsequently	ADV
fbem-16438	32	25	reduced	reduce	VERB
fbem-16438	32	26	.	.	PUNCT
fbem-16438	33	1	according	accord	VERB
fbem-16438	33	2	to	to	ADP
fbem-16438	33	3	the	the	DET
fbem-16438	33	4	information	information	NOUN
fbem-16438	33	5	asymmetry	asymmetry	NOUN
fbem-16438	33	6	theory	theory	NOUN
fbem-16438	33	7	,	,	PUNCT
fbem-16438	33	8	media	medium	NOUN
fbem-16438	33	9	coverage	coverage	NOUN
fbem-16438	33	10	can	can	AUX
fbem-16438	33	11	reduce	reduce	VERB
fbem-16438	33	12	the	the	DET
fbem-16438	33	13	information	information	NOUN
fbem-16438	33	14	asymmetry	asymmetry	NOUN
fbem-16438	33	15	between	between	ADP
fbem-16438	33	16	the	the	DET
fbem-16438	33	17	firm	firm	NOUN
fbem-16438	33	18	and	and	CCONJ
fbem-16438	33	19	the	the	DET
fbem-16438	33	20	market	market	NOUN
fbem-16438	33	21	and	and	CCONJ
fbem-16438	33	22	increase	increase	VERB
fbem-16438	33	23	the	the	DET
fbem-16438	33	24	visibility	visibility	NOUN
fbem-16438	33	25	of	of	ADP
fbem-16438	33	26	the	the	DET
fbem-16438	33	27	firm	firm	NOUN
fbem-16438	33	28	's	's	PART
fbem-16438	33	29	information	information	NOUN
fbem-16438	33	30	,	,	PUNCT
fbem-16438	33	31	and	and	CCONJ
fbem-16438	33	32	more	more	ADJ
fbem-16438	33	33	media	medium	NOUN
fbem-16438	33	34	coverage	coverage	NOUN
fbem-16438	33	35	improves	improve	VERB
fbem-16438	33	36	the	the	DET
fbem-16438	33	37	exposure	exposure	NOUN
fbem-16438	33	38	of	of	ADP
fbem-16438	33	39	the	the	DET
fbem-16438	33	40	firm	firm	NOUN
fbem-16438	33	41	,	,	PUNCT
fbem-16438	33	42	which	which	PRON
fbem-16438	33	43	makes	make	VERB
fbem-16438	33	44	it	it	PRON
fbem-16438	33	45	easier	easy	ADJ
fbem-16438	33	46	for	for	SCONJ
fbem-16438	33	47	investors	investor	NOUN
fbem-16438	33	48	to	to	PART
fbem-16438	33	49	recognize	recognize	VERB
fbem-16438	33	50	the	the	DET
fbem-16438	33	51	firm	firm	NOUN
fbem-16438	33	52	and	and	CCONJ
fbem-16438	33	53	join	join	VERB
fbem-16438	33	54	in	in	ADP
fbem-16438	33	55	their	their	PRON
fbem-16438	33	56	investment	investment	NOUN
fbem-16438	33	57	decisions	decision	NOUN
fbem-16438	33	58	.	.	PUNCT
fbem-16438	34	1	so	so	ADV
fbem-16438	34	2	this	this	DET
fbem-16438	34	3	paper	paper	NOUN
fbem-16438	34	4	proposes	propose	VERB
fbem-16438	34	5	the	the	DET
fbem-16438	34	6	visibility	visibility	NOUN
fbem-16438	34	7	hypothesis	hypothesis	NOUN
fbem-16438	34	8	that	that	PRON
fbem-16438	34	9	the	the	DET
fbem-16438	34	10	presence	presence	NOUN
fbem-16438	34	11	of	of	ADP
fbem-16438	34	12	media	medium	NOUN
fbem-16438	34	13	directors	director	NOUN
fbem-16438	34	14	can	can	AUX
fbem-16438	34	15	have	have	VERB
fbem-16438	34	16	an	an	DET
fbem-16438	34	17	impact	impact	NOUN
fbem-16438	34	18	on	on	ADP
fbem-16438	34	19	media	medium	NOUN
fbem-16438	34	20	coverage	coverage	NOUN
fbem-16438	34	21	by	by	ADP
fbem-16438	34	22	influencing	influence	VERB
fbem-16438	34	23	media	medium	NOUN
fbem-16438	34	24	coverage	coverage	NOUN
fbem-16438	34	25	and	and	CCONJ
fbem-16438	34	26	thus	thus	ADV
fbem-16438	34	27	increasing	increase	VERB
fbem-16438	34	28	the	the	DET
fbem-16438	34	29	visibility	visibility	NOUN
fbem-16438	34	30	of	of	ADP
fbem-16438	34	31	the	the	DET
fbem-16438	34	32	firm	firm	NOUN
fbem-16438	34	33	leads	lead	VERB
fbem-16438	34	34	to	to	ADP
fbem-16438	34	35	the	the	DET
fbem-16438	34	36	use	use	NOUN
fbem-16438	34	37	of	of	ADP
fbem-16438	34	38	more	more	ADJ
fbem-16438	34	39	financing	financing	NOUN
fbem-16438	34	40	options	option	NOUN
fbem-16438	34	41	for	for	ADP
fbem-16438	34	42	the	the	DET
fbem-16438	34	43	firm	firm	NOUN
fbem-16438	34	44	,	,	PUNCT
fbem-16438	34	45	very	very	ADV
fbem-16438	34	46	positively	positively	ADV
fbem-16438	34	47	affecting	affect	VERB
fbem-16438	34	48	the	the	DET
fbem-16438	34	49	firm	firm	NOUN
fbem-16438	34	50	's	's	PART
fbem-16438	34	51	equity	equity	NOUN
fbem-16438	34	52	and	and	CCONJ
fbem-16438	34	53	bond	bond	NOUN
fbem-16438	34	54	financing	financing	NOUN
fbem-16438	34	55	,	,	PUNCT
fbem-16438	34	56	but	but	CCONJ
fbem-16438	34	57	there	there	PRON
fbem-16438	34	58	is	be	VERB
fbem-16438	34	59	no	no	DET
fbem-16438	34	60	strong	strong	ADJ
fbem-16438	34	61	prediction	prediction	NOUN
fbem-16438	34	62	for	for	ADP
fbem-16438	34	63	bank	bank	NOUN
fbem-16438	34	64	debt	debt	NOUN
fbem-16438	34	65	,	,	PUNCT
fbem-16438	34	66	although	although	SCONJ
fbem-16438	34	67	bank	bank	NOUN
fbem-16438	34	68	debt	debt	NOUN
fbem-16438	34	69	may	may	AUX
fbem-16438	34	70	be	be	AUX
fbem-16438	34	71	positively	positively	ADV
fbem-16438	34	72	affected	affect	VERB
fbem-16438	34	73	by	by	ADP
fbem-16438	34	74	visibility	visibility	NOUN
fbem-16438	34	75	if	if	SCONJ
fbem-16438	34	76	the	the	DET
fbem-16438	34	77	bank	bank	NOUN
fbem-16438	34	78	's	's	PART
fbem-16438	34	79	loan	loan	NOUN
fbem-16438	34	80	-	-	PUNCT
fbem-16438	34	81	related	relate	VERB
fbem-16438	34	82	related	related	ADJ
fbem-16438	34	83	information	information	NOUN
fbem-16438	34	84	comes	come	VERB
fbem-16438	34	85	from	from	ADP
fbem-16438	34	86	more	more	ADJ
fbem-16438	34	87	direct	direct	ADJ
fbem-16438	34	88	sources	source	NOUN
fbem-16438	34	89	than	than	ADP
fbem-16438	34	90	news	news	NOUN
fbem-16438	34	91	(	(	PUNCT
fbem-16438	34	92	loan	loan	NOUN
fbem-16438	34	93	applications	application	NOUN
fbem-16438	34	94	,	,	PUNCT
fbem-16438	34	95	company	company	NOUN
fbem-16438	34	96	documents	document	NOUN
fbem-16438	34	97	,	,	PUNCT
fbem-16438	34	98	etc	etc	X
fbem-16438	34	99	.	.	X
fbem-16438	34	100	)	)	PUNCT
fbem-16438	34	101	,	,	PUNCT
fbem-16438	34	102	then	then	ADV
fbem-16438	34	103	the	the	DET
fbem-16438	34	104	effects	effect	NOUN
fbem-16438	34	105	of	of	ADP
fbem-16438	34	106	visibility	visibility	NOUN
fbem-16438	34	107	and	and	CCONJ
fbem-16438	34	108	awareness	awareness	NOUN
fbem-16438	34	109	of	of	ADP
fbem-16438	34	110	bank	bank	NOUN
fbem-16438	34	111	debt	debt	NOUN
fbem-16438	34	112	are	be	AUX
fbem-16438	34	113	weak	weak	ADJ
fbem-16438	34	114	,	,	PUNCT
fbem-16438	34	115	or	or	CCONJ
fbem-16438	34	116	at	at	ADP
fbem-16438	34	117	least	least	ADJ
fbem-16438	34	118	,	,	PUNCT
fbem-16438	34	119	the	the	DET
fbem-16438	34	120	visibility	visibility	NOUN
fbem-16438	34	121	assumption	assumption	NOUN
fbem-16438	34	122	related	relate	VERB
fbem-16438	34	123	to	to	ADP
fbem-16438	34	124	bank	bank	NOUN
fbem-16438	34	125	debt	debt	NOUN
fbem-16438	34	126	does	do	AUX
fbem-16438	34	127	not	not	PART
fbem-16438	34	128	predict	predict	VERB
fbem-16438	34	129	a	a	DET
fbem-16438	34	130	negative	negative	ADJ
fbem-16438	34	131	association	association	NOUN
fbem-16438	34	132	between	between	ADP
fbem-16438	34	133	media	media	NOUN
fbem-16438	34	134	-	-	PUNCT
fbem-16438	34	135	related	relate	VERB
fbem-16438	34	136	directors	director	NOUN
fbem-16438	34	137	and	and	CCONJ
fbem-16438	34	138	bank	bank	NOUN
fbem-16438	34	139	debt	debt	NOUN
fbem-16438	34	140	use	use	NOUN
fbem-16438	34	141	.	.	PUNCT
fbem-16438	35	1	h1a	h1a	NOUN
fbem-16438	35	2	:	:	PUNCT
fbem-16438	35	3	public	public	ADJ
fbem-16438	35	4	companies	company	NOUN
fbem-16438	35	5	with	with	ADP
fbem-16438	35	6	media	medium	NOUN
fbem-16438	35	7	directors	director	NOUN
fbem-16438	35	8	positively	positively	ADV
fbem-16438	35	9	influence	influence	VERB
fbem-16438	35	10	the	the	DET
fbem-16438	35	11	company	company	NOUN
fbem-16438	35	12	's	's	PART
fbem-16438	35	13	stock	stock	NOUN
fbem-16438	35	14	financing	financing	NOUN
fbem-16438	35	15	in	in	ADP
fbem-16438	35	16	the	the	DET
fbem-16438	35	17	later	later	ADJ
fbem-16438	35	18	corporate	corporate	ADJ
fbem-16438	35	19	year	year	NOUN
fbem-16438	35	20	.	.	PUNCT
fbem-16438	36	1	h1b	h1b	PROPN
fbem-16438	36	2	:	:	PUNCT
fbem-16438	36	3	public	public	ADJ
fbem-16438	36	4	companies	company	NOUN
fbem-16438	36	5	with	with	ADP
fbem-16438	36	6	media	medium	NOUN
fbem-16438	36	7	directors	director	NOUN
fbem-16438	36	8	positively	positively	ADV
fbem-16438	36	9	influence	influence	VERB
fbem-16438	36	10	the	the	DET
fbem-16438	36	11	company	company	NOUN
fbem-16438	36	12	's	's	PART
fbem-16438	36	13	bond	bond	NOUN
fbem-16438	36	14	financing	financing	NOUN
fbem-16438	36	15	in	in	ADP
fbem-16438	36	16	the	the	DET
fbem-16438	36	17	later	later	ADJ
fbem-16438	36	18	corporate	corporate	ADJ
fbem-16438	36	19	year	year	NOUN
fbem-16438	36	20	.	.	PUNCT
fbem-16438	37	1	h1c	h1c	ADV
fbem-16438	37	2	:	:	PUNCT
fbem-16438	37	3	listed	list	VERB
fbem-16438	37	4	companies	company	NOUN
fbem-16438	37	5	with	with	ADP
fbem-16438	37	6	media	medium	NOUN
fbem-16438	37	7	directors	director	NOUN
fbem-16438	37	8	have	have	VERB
fbem-16438	37	9	no	no	DET
fbem-16438	37	10	significant	significant	ADJ
fbem-16438	37	11	effect	effect	NOUN
fbem-16438	37	12	on	on	ADP
fbem-16438	37	13	bank	bank	NOUN
fbem-16438	37	14	debt	debt	NOUN
fbem-16438	37	15	in	in	ADP
fbem-16438	37	16	later	later	ADJ
fbem-16438	37	17	company	company	NOUN
fbem-16438	37	18	years	year	NOUN
fbem-16438	37	19	.	.	PUNCT
fbem-16438	38	1	(	(	PUNCT
fbem-16438	38	2	2)assumption	2)assumption	NUM
fbem-16438	38	3	that	that	PRON
fbem-16438	38	4	media	medium	NOUN
fbem-16438	38	5	coverage	coverage	NOUN
fbem-16438	38	6	can	can	AUX
fbem-16438	38	7	play	play	VERB
fbem-16438	38	8	a	a	DET
fbem-16438	38	9	governance	governance	NOUN
fbem-16438	38	10	role	role	NOUN
fbem-16438	38	11	dyck	dyck	VERB
fbem-16438	38	12	and	and	CCONJ
fbem-16438	38	13	zingales	zingale	NOUN
fbem-16438	38	14	(	(	PUNCT
fbem-16438	38	15	2004	2004	NUM
fbem-16438	38	16	)	)	PUNCT
fbem-16438	38	17	suggest	suggest	VERB
fbem-16438	38	18	that	that	SCONJ
fbem-16438	38	19	media	medium	NOUN
fbem-16438	38	20	monitoring	monitoring	NOUN
fbem-16438	38	21	is	be	AUX
fbem-16438	38	22	effective	effective	ADJ
fbem-16438	38	23	in	in	ADP
fbem-16438	38	24	reducing	reduce	VERB
fbem-16438	38	25	private	private	ADJ
fbem-16438	38	26	gains	gain	NOUN
fbem-16438	38	27	from	from	ADP
fbem-16438	38	28	control.dyck	control.dyck	PROPN
fbem-16438	38	29	,	,	PUNCT
fbem-16438	38	30	volchkova	volchkova	PROPN
fbem-16438	38	31	and	and	CCONJ
fbem-16438	38	32	zingales	zingales	PROPN
fbem-16438	38	33	(	(	PUNCT
fbem-16438	38	34	2008	2008	NUM
fbem-16438	38	35	)	)	PUNCT
fbem-16438	38	36	find	find	VERB
fbem-16438	38	37	that	that	SCONJ
fbem-16438	38	38	media	medium	NOUN
fbem-16438	38	39	attention	attention	NOUN
fbem-16438	38	40	helps	help	VERB
fbem-16438	38	41	firms	firm	NOUN
fbem-16438	38	42	to	to	PART
fbem-16438	38	43	correct	correct	VERB
fbem-16438	38	44	their	their	PRON
fbem-16438	38	45	corrupt	corrupt	ADJ
fbem-16438	38	46	and	and	CCONJ
fbem-16438	38	47	abusive	abusive	ADJ
fbem-16438	38	48	behavior.dyck	behavior.dyck	NOUN
fbem-16438	38	49	,	,	PUNCT
fbem-16438	38	50	morse	morse	NOUN
fbem-16438	38	51	and	and	CCONJ
fbem-16438	38	52	zingales	zingale	NOUN
fbem-16438	38	53	(	(	PUNCT
fbem-16438	38	54	2008	2008	NUM
fbem-16438	38	55	)	)	PUNCT
fbem-16438	38	56	and	and	CCONJ
fbem-16438	38	57	miller	miller	PROPN
fbem-16438	38	58	(	(	PUNCT
fbem-16438	38	59	2006	2006	NUM
fbem-16438	38	60	)	)	PUNCT
fbem-16438	38	61	find	find	VERB
fbem-16438	38	62	that	that	SCONJ
fbem-16438	38	63	the	the	DET
fbem-16438	38	64	media	medium	NOUN
fbem-16438	38	65	helps	help	VERB
fbem-16438	38	66	to	to	PART
fbem-16438	38	67	screen	screen	VERB
fbem-16438	38	68	and	and	CCONJ
fbem-16438	38	69	expose	expose	VERB
fbem-16438	38	70	fraudulent	fraudulent	ADJ
fbem-16438	38	71	behavior	behavior	NOUN
fbem-16438	38	72	such	such	ADJ
fbem-16438	38	73	as	as	ADP
fbem-16438	38	74	accounting	account	VERB
fbem-16438	38	75	crimes.joe	crimes.joe	NOUN
fbem-16438	38	76	,	,	PUNCT
fbem-16438	38	77	louis	louis	PROPN
fbem-16438	38	78	and	and	CCONJ
fbem-16438	38	79	robinson	robinson	PROPN
fbem-16438	38	80	(	(	PUNCT
fbem-16438	38	81	2009	2009	NUM
fbem-16438	38	82	)	)	PUNCT
fbem-16438	38	83	suggest	suggest	VERB
fbem-16438	38	84	that	that	SCONJ
fbem-16438	38	85	media	medium	NOUN
fbem-16438	38	86	exposure	exposure	NOUN
fbem-16438	38	87	helps	help	VERB
fbem-16438	38	88	to	to	PART
fbem-16438	38	89	improve	improve	VERB
fbem-16438	38	90	board	board	NOUN
fbem-16438	38	91	effectiveness	effectiveness	NOUN
fbem-16438	38	92	.	.	PUNCT
fbem-16438	39	1	dyck	dyck	ADJ
fbem-16438	39	2	,	,	PUNCT
fbem-16438	39	3	morse	morse	NOUN
fbem-16438	39	4	and	and	CCONJ
fbem-16438	39	5	zingales	zingale	NOUN
fbem-16438	39	6	(	(	PUNCT
fbem-16438	39	7	2008	2008	NUM
fbem-16438	39	8	)	)	PUNCT
fbem-16438	39	9	and	and	CCONJ
fbem-16438	39	10	miller	miller	PROPN
fbem-16438	39	11	(	(	PUNCT
fbem-16438	39	12	2006	2006	NUM
fbem-16438	39	13	)	)	PUNCT
fbem-16438	39	14	find	find	VERB
fbem-16438	39	15	that	that	SCONJ
fbem-16438	39	16	42	42	NUM
fbem-16438	39	17	the	the	DET
fbem-16438	39	18	media	medium	NOUN
fbem-16438	39	19	helps	help	VERB
fbem-16438	39	20	to	to	PART
fbem-16438	39	21	identify	identify	VERB
fbem-16438	39	22	and	and	CCONJ
fbem-16438	39	23	expose	expose	VERB
fbem-16438	39	24	fraudulent	fraudulent	ADJ
fbem-16438	39	25	behaviors	behavior	NOUN
fbem-16438	39	26	such	such	ADJ
fbem-16438	39	27	as	as	ADP
fbem-16438	39	28	accounting	accounting	NOUN
fbem-16438	39	29	crimes	crime	NOUN
fbem-16438	39	30	by	by	ADP
fbem-16438	39	31	firms	firm	NOUN
fbem-16438	39	32	,	,	PUNCT
fbem-16438	39	33	while	while	SCONJ
fbem-16438	39	34	joe	joe	PROPN
fbem-16438	39	35	,	,	PUNCT
fbem-16438	39	36	louis	louis	PROPN
fbem-16438	39	37	and	and	CCONJ
fbem-16438	39	38	robinson	robinson	PROPN
fbem-16438	39	39	(	(	PUNCT
fbem-16438	39	40	2009	2009	NUM
fbem-16438	39	41	)	)	PUNCT
fbem-16438	39	42	suggest	suggest	VERB
fbem-16438	39	43	that	that	SCONJ
fbem-16438	39	44	media	medium	NOUN
fbem-16438	39	45	exposure	exposure	NOUN
fbem-16438	39	46	can	can	AUX
fbem-16438	39	47	help	help	VERB
fbem-16438	39	48	to	to	PART
fbem-16438	39	49	improve	improve	VERB
fbem-16438	39	50	board	board	NOUN
fbem-16438	39	51	effectiveness	effectiveness	NOUN
fbem-16438	39	52	.	.	PUNCT
fbem-16438	40	1	at	at	ADP
fbem-16438	40	2	the	the	DET
fbem-16438	40	3	same	same	ADJ
fbem-16438	40	4	time	time	NOUN
fbem-16438	40	5	,	,	PUNCT
fbem-16438	40	6	media	media	NOUN
fbem-16438	40	7	attention	attention	NOUN
fbem-16438	40	8	also	also	ADV
fbem-16438	40	9	affects	affect	VERB
fbem-16438	40	10	executive	executive	ADJ
fbem-16438	40	11	behavior	behavior	NOUN
fbem-16438	40	12	.	.	PUNCT
fbem-16438	41	1	liu	liu	PROPN
fbem-16438	41	2	and	and	CCONJ
fbem-16438	41	3	mcconnell	mcconnell	PROPN
fbem-16438	41	4	(	(	PUNCT
fbem-16438	41	5	2012	2012	NUM
fbem-16438	41	6	)	)	PUNCT
fbem-16438	41	7	find	find	VERB
fbem-16438	41	8	that	that	SCONJ
fbem-16438	41	9	higher	high	ADJ
fbem-16438	41	10	media	medium	NOUN
fbem-16438	41	11	attention	attention	NOUN
fbem-16438	41	12	is	be	AUX
fbem-16438	41	13	more	more	ADV
fbem-16438	41	14	likely	likely	ADJ
fbem-16438	41	15	to	to	PART
fbem-16438	41	16	cause	cause	VERB
fbem-16438	41	17	firm	firm	ADJ
fbem-16438	41	18	executives	executive	NOUN
fbem-16438	41	19	to	to	PART
fbem-16438	41	20	abandon	abandon	VERB
fbem-16438	41	21	mergers	merger	NOUN
fbem-16438	41	22	and	and	CCONJ
fbem-16438	41	23	acquisitions	acquisition	NOUN
fbem-16438	41	24	that	that	PRON
fbem-16438	41	25	are	be	AUX
fbem-16438	41	26	detrimental	detrimental	ADJ
fbem-16438	41	27	to	to	ADP
fbem-16438	41	28	the	the	DET
fbem-16438	41	29	firm	firm	NOUN
fbem-16438	41	30	's	's	PART
fbem-16438	41	31	value	value	NOUN
fbem-16438	41	32	,	,	PUNCT
fbem-16438	41	33	while	while	SCONJ
fbem-16438	41	34	farrell	farrell	PROPN
fbem-16438	41	35	and	and	CCONJ
fbem-16438	41	36	whidbee	whidbee	PROPN
fbem-16438	41	37	(	(	PUNCT
fbem-16438	41	38	2002	2002	NUM
fbem-16438	41	39	)	)	PUNCT
fbem-16438	41	40	show	show	VERB
fbem-16438	41	41	that	that	SCONJ
fbem-16438	41	42	media	medium	NOUN
fbem-16438	41	43	attention	attention	NOUN
fbem-16438	41	44	increases	increase	VERB
fbem-16438	41	45	the	the	DET
fbem-16438	41	46	probability	probability	NOUN
fbem-16438	41	47	of	of	ADP
fbem-16438	41	48	executive	executive	ADJ
fbem-16438	41	49	turnover	turnover	NOUN
fbem-16438	41	50	by	by	ADP
fbem-16438	41	51	monitoring	monitor	VERB
fbem-16438	41	52	poor	poor	ADJ
fbem-16438	41	53	firm	firm	ADJ
fbem-16438	41	54	performance	performance	NOUN
fbem-16438	41	55	.	.	PUNCT
fbem-16438	42	1	moreover	moreover	ADV
fbem-16438	42	2	,	,	PUNCT
fbem-16438	42	3	media	medium	NOUN
fbem-16438	42	4	attention	attention	NOUN
fbem-16438	42	5	helps	help	VERB
fbem-16438	42	6	to	to	PART
fbem-16438	42	7	increase	increase	VERB
fbem-16438	42	8	their	their	PRON
fbem-16438	42	9	sense	sense	NOUN
fbem-16438	42	10	of	of	ADP
fbem-16438	42	11	social	social	ADJ
fbem-16438	42	12	responsibility	responsibility	NOUN
fbem-16438	42	13	(	(	PUNCT
fbem-16438	42	14	zyglidopoulos	zyglidopoulos	PROPN
fbem-16438	42	15	,	,	PUNCT
fbem-16438	42	16	georgiadis	georgiadis	PROPN
fbem-16438	42	17	,	,	PUNCT
fbem-16438	42	18	carroll	carroll	PROPN
fbem-16438	42	19	and	and	CCONJ
fbem-16438	42	20	siegel	siegel	PROPN
fbem-16438	42	21	,	,	PUNCT
fbem-16438	42	22	2012	2012	NUM
fbem-16438	42	23	)	)	PUNCT
fbem-16438	42	24	.	.	PUNCT
fbem-16438	43	1	in	in	ADP
fbem-16438	43	2	addition	addition	NOUN
fbem-16438	43	3	,	,	PUNCT
fbem-16438	43	4	media	media	NOUN
fbem-16438	43	5	attention	attention	NOUN
fbem-16438	43	6	can	can	AUX
fbem-16438	43	7	also	also	ADV
fbem-16438	43	8	lead	lead	VERB
fbem-16438	43	9	to	to	ADP
fbem-16438	43	10	increased	increase	VERB
fbem-16438	43	11	scrutiny	scrutiny	NOUN
fbem-16438	43	12	by	by	ADP
fbem-16438	43	13	other	other	ADJ
fbem-16438	43	14	institutions	institution	NOUN
fbem-16438	43	15	,	,	PUNCT
fbem-16438	43	16	e.g.	e.g.	ADV
fbem-16438	43	17	,	,	PUNCT
fbem-16438	43	18	joe	joe	PROPN
fbem-16438	43	19	(	(	PUNCT
fbem-16438	43	20	2003	2003	NUM
fbem-16438	43	21	)	)	PUNCT
fbem-16438	43	22	finds	find	VERB
fbem-16438	43	23	that	that	SCONJ
fbem-16438	43	24	the	the	DET
fbem-16438	43	25	media	medium	NOUN
fbem-16438	43	26	influences	influence	VERB
fbem-16438	43	27	auditor	auditor	NOUN
fbem-16438	43	28	behavior	behavior	NOUN
fbem-16438	43	29	,	,	PUNCT
fbem-16438	43	30	with	with	ADP
fbem-16438	43	31	bad	bad	ADJ
fbem-16438	43	32	news	news	NOUN
fbem-16438	43	33	reports	report	NOUN
fbem-16438	43	34	tending	tend	VERB
fbem-16438	43	35	to	to	PART
fbem-16438	43	36	cause	cause	VERB
fbem-16438	43	37	auditors	auditor	NOUN
fbem-16438	43	38	to	to	PART
fbem-16438	43	39	issue	issue	VERB
fbem-16438	43	40	qualified	qualified	ADJ
fbem-16438	43	41	opinions	opinion	NOUN
fbem-16438	43	42	another	another	DET
fbem-16438	43	43	literature	literature	NOUN
fbem-16438	43	44	has	have	AUX
fbem-16438	43	45	examined	examine	VERB
fbem-16438	43	46	the	the	DET
fbem-16438	43	47	role	role	NOUN
fbem-16438	43	48	and	and	CCONJ
fbem-16438	43	49	impact	impact	NOUN
fbem-16438	43	50	of	of	ADP
fbem-16438	43	51	media	medium	NOUN
fbem-16438	43	52	monitoring	monitoring	NOUN
fbem-16438	43	53	from	from	ADP
fbem-16438	43	54	many	many	ADJ
fbem-16438	43	55	other	other	ADJ
fbem-16438	43	56	angles	angle	NOUN
fbem-16438	43	57	.	.	PUNCT
fbem-16438	44	1	xu	xu	PROPN
fbem-16438	44	2	liping	liping	PROPN
fbem-16438	44	3	and	and	CCONJ
fbem-16438	44	4	xin	xin	PROPN
fbem-16438	44	5	yu	yu	PROPN
fbem-16438	44	6	(	(	PUNCT
fbem-16438	44	7	2011	2011	NUM
fbem-16438	44	8	)	)	PUNCT
fbem-16438	44	9	found	find	VERB
fbem-16438	44	10	that	that	SCONJ
fbem-16438	44	11	media	medium	NOUN
fbem-16438	44	12	attention	attention	NOUN
fbem-16438	44	13	plays	play	VERB
fbem-16438	44	14	a	a	DET
fbem-16438	44	15	very	very	ADV
fbem-16438	44	16	important	important	ADJ
fbem-16438	44	17	governance	governance	NOUN
fbem-16438	44	18	role	role	NOUN
fbem-16438	44	19	in	in	ADP
fbem-16438	44	20	equity	equity	NOUN
fbem-16438	44	21	separation	separation	NOUN
fbem-16438	44	22	reform	reform	NOUN
fbem-16438	44	23	.	.	PUNCT
fbem-16438	45	1	dai	dai	PROPN
fbem-16438	45	2	,	,	PUNCT
fbem-16438	45	3	yiyi	yiyi	PROPN
fbem-16438	45	4	,	,	PUNCT
fbem-16438	45	5	et	et	PROPN
fbem-16438	45	6	al	al	PROPN
fbem-16438	45	7	.	.	PUNCT
fbem-16438	45	8	(	(	PUNCT
fbem-16438	45	9	2011	2011	NUM
fbem-16438	45	10	)	)	PUNCT
fbem-16438	45	11	found	find	VERB
fbem-16438	45	12	that	that	SCONJ
fbem-16438	45	13	negative	negative	ADJ
fbem-16438	45	14	reports	report	NOUN
fbem-16438	45	15	from	from	ADP
fbem-16438	45	16	the	the	DET
fbem-16438	45	17	media	medium	NOUN
fbem-16438	45	18	can	can	AUX
fbem-16438	45	19	significantly	significantly	ADV
fbem-16438	45	20	curb	curb	VERB
fbem-16438	45	21	the	the	DET
fbem-16438	45	22	occurrence	occurrence	NOUN
fbem-16438	45	23	of	of	ADP
fbem-16438	45	24	corporate	corporate	ADJ
fbem-16438	45	25	financial	financial	ADJ
fbem-16438	45	26	restatement	restatement	NOUN
fbem-16438	45	27	behavior	behavior	NOUN
fbem-16438	45	28	.	.	PUNCT
fbem-16438	46	1	yu	yu	PROPN
fbem-16438	46	2	,	,	PUNCT
fbem-16438	46	3	zhongbo	zhongbo	PROPN
fbem-16438	46	4	et	et	PROPN
fbem-16438	46	5	al	al	PROPN
fbem-16438	46	6	.	.	PROPN
fbem-16438	47	1	(	(	PUNCT
fbem-16438	47	2	2011	2011	NUM
fbem-16438	47	3	)	)	PUNCT
fbem-16438	47	4	study	study	VERB
fbem-16438	47	5	the	the	DET
fbem-16438	47	6	corporate	corporate	ADJ
fbem-16438	47	7	governance	governance	NOUN
fbem-16438	47	8	mechanism	mechanism	NOUN
fbem-16438	47	9	of	of	ADP
fbem-16438	47	10	media	medium	NOUN
fbem-16438	47	11	attention	attention	NOUN
fbem-16438	47	12	from	from	ADP
fbem-16438	47	13	the	the	DET
fbem-16438	47	14	perspective	perspective	NOUN
fbem-16438	47	15	of	of	ADP
fbem-16438	47	16	surplus	surplus	NOUN
fbem-16438	47	17	management	management	NOUN
fbem-16438	47	18	and	and	CCONJ
fbem-16438	47	19	find	find	VERB
fbem-16438	47	20	that	that	SCONJ
fbem-16438	47	21	media	medium	NOUN
fbem-16438	47	22	attention	attention	NOUN
fbem-16438	47	23	increases	increase	VERB
fbem-16438	47	24	the	the	DET
fbem-16438	47	25	surplus	surplus	ADJ
fbem-16438	47	26	management	management	NOUN
fbem-16438	47	27	of	of	ADP
fbem-16438	47	28	accruals	accrual	NOUN
fbem-16438	47	29	but	but	CCONJ
fbem-16438	47	30	suppresses	suppress	VERB
fbem-16438	47	31	the	the	DET
fbem-16438	47	32	surplus	surplus	ADJ
fbem-16438	47	33	management	management	NOUN
fbem-16438	47	34	based	base	VERB
fbem-16438	47	35	on	on	ADP
fbem-16438	47	36	actual	actual	ADJ
fbem-16438	47	37	operating	operate	VERB
fbem-16438	47	38	activities	activity	NOUN
fbem-16438	47	39	,	,	PUNCT
fbem-16438	47	40	which	which	PRON
fbem-16438	47	41	has	have	VERB
fbem-16438	47	42	a	a	DET
fbem-16438	47	43	greater	great	ADJ
fbem-16438	47	44	impact	impact	NOUN
fbem-16438	47	45	on	on	ADP
fbem-16438	47	46	the	the	DET
fbem-16438	47	47	long	long	ADJ
fbem-16438	47	48	-	-	PUNCT
fbem-16438	47	49	term	term	NOUN
fbem-16438	47	50	performance	performance	NOUN
fbem-16438	47	51	of	of	ADP
fbem-16438	47	52	the	the	DET
fbem-16438	47	53	company	company	NOUN
fbem-16438	47	54	.	.	PUNCT
fbem-16438	48	1	yang	yang	PROPN
fbem-16438	48	2	deming	deming	PROPN
fbem-16438	48	3	and	and	CCONJ
fbem-16438	48	4	zhao	zhao	PROPN
fbem-16438	48	5	can	can	AUX
fbem-16438	48	6	(	(	PUNCT
fbem-16438	48	7	2012	2012	NUM
fbem-16438	48	8	)	)	PUNCT
fbem-16438	48	9	found	find	VERB
fbem-16438	48	10	that	that	SCONJ
fbem-16438	48	11	the	the	DET
fbem-16438	48	12	media	medium	NOUN
fbem-16438	48	13	has	have	VERB
fbem-16438	48	14	a	a	DET
fbem-16438	48	15	certain	certain	ADJ
fbem-16438	48	16	role	role	NOUN
fbem-16438	48	17	in	in	ADP
fbem-16438	48	18	monitoring	monitor	VERB
fbem-16438	48	19	the	the	DET
fbem-16438	48	20	"	"	PUNCT
fbem-16438	48	21	sky	sky	NOUN
fbem-16438	48	22	-	-	PUNCT
fbem-16438	48	23	high	high	ADJ
fbem-16438	48	24	pay	pay	NOUN
fbem-16438	48	25	"	"	PUNCT
fbem-16438	48	26	and	and	CCONJ
fbem-16438	48	27	"	"	PUNCT
fbem-16438	48	28	zero	zero	NUM
fbem-16438	48	29	pay	pay	NOUN
fbem-16438	48	30	"	"	PUNCT
fbem-16438	48	31	in	in	ADP
fbem-16438	48	32	executive	executive	ADJ
fbem-16438	48	33	compensation	compensation	NOUN
fbem-16438	48	34	,	,	PUNCT
fbem-16438	48	35	but	but	CCONJ
fbem-16438	48	36	only	only	ADV
fbem-16438	48	37	when	when	SCONJ
fbem-16438	48	38	the	the	DET
fbem-16438	48	39	government	government	NOUN
fbem-16438	48	40	and	and	CCONJ
fbem-16438	48	41	administrative	administrative	ADJ
fbem-16438	48	42	authorities	authority	NOUN
fbem-16438	48	43	intervene	intervene	VERB
fbem-16438	48	44	,	,	PUNCT
fbem-16438	48	45	media	medium	NOUN
fbem-16438	48	46	monitoring	monitoring	NOUN
fbem-16438	48	47	can	can	AUX
fbem-16438	48	48	lead	lead	VERB
fbem-16438	48	49	to	to	ADP
fbem-16438	48	50	the	the	DET
fbem-16438	48	51	rationalization	rationalization	NOUN
fbem-16438	48	52	of	of	ADP
fbem-16438	48	53	executive	executive	ADJ
fbem-16438	48	54	compensation	compensation	NOUN
fbem-16438	48	55	.	.	PUNCT
fbem-16438	49	1	however	however	ADV
fbem-16438	49	2	,	,	PUNCT
fbem-16438	49	3	only	only	ADV
fbem-16438	49	4	with	with	ADP
fbem-16438	49	5	the	the	DET
fbem-16438	49	6	intervention	intervention	NOUN
fbem-16438	49	7	of	of	ADP
fbem-16438	49	8	the	the	DET
fbem-16438	49	9	government	government	NOUN
fbem-16438	49	10	and	and	CCONJ
fbem-16438	49	11	administrative	administrative	ADJ
fbem-16438	49	12	authorities	authority	NOUN
fbem-16438	49	13	,	,	PUNCT
fbem-16438	49	14	media	medium	NOUN
fbem-16438	49	15	monitoring	monitoring	NOUN
fbem-16438	49	16	can	can	AUX
fbem-16438	49	17	promote	promote	VERB
fbem-16438	49	18	the	the	DET
fbem-16438	49	19	rationalization	rationalization	NOUN
fbem-16438	49	20	of	of	ADP
fbem-16438	49	21	executive	executive	ADJ
fbem-16438	49	22	compensation	compensation	NOUN
fbem-16438	49	23	.	.	PUNCT
fbem-16438	50	1	li	li	PROPN
fbem-16438	50	2	peigong	peigong	PROPN
fbem-16438	50	3	and	and	CCONJ
fbem-16438	50	4	shen	shen	PROPN
fbem-16438	50	5	yifeng	yifeng	PROPN
fbem-16438	50	6	(	(	PUNCT
fbem-16438	50	7	2013	2013	NUM
fbem-16438	50	8	)	)	PUNCT
fbem-16438	50	9	further	far	ADV
fbem-16438	50	10	study	study	VERB
fbem-16438	50	11	the	the	DET
fbem-16438	50	12	corporate	corporate	ADJ
fbem-16438	50	13	governance	governance	NOUN
fbem-16438	50	14	role	role	NOUN
fbem-16438	50	15	of	of	ADP
fbem-16438	50	16	media	medium	NOUN
fbem-16438	50	17	reports	report	NOUN
fbem-16438	50	18	on	on	ADP
fbem-16438	50	19	managerial	managerial	ADJ
fbem-16438	50	20	compensation	compensation	NOUN
fbem-16438	50	21	contracts	contract	NOUN
fbem-16438	50	22	,	,	PUNCT
fbem-16438	50	23	and	and	CCONJ
fbem-16438	50	24	conclude	conclude	VERB
fbem-16438	50	25	that	that	SCONJ
fbem-16438	50	26	media	medium	NOUN
fbem-16438	50	27	reports	report	NOUN
fbem-16438	50	28	can	can	AUX
fbem-16438	50	29	help	help	VERB
fbem-16438	50	30	firms	firm	NOUN
fbem-16438	50	31	amend	amend	VERB
fbem-16438	50	32	and	and	CCONJ
fbem-16438	50	33	improve	improve	VERB
fbem-16438	50	34	their	their	PRON
fbem-16438	50	35	executive	executive	ADJ
fbem-16438	50	36	compensation	compensation	NOUN
fbem-16438	50	37	contracts	contract	NOUN
fbem-16438	50	38	.	.	PUNCT
fbem-16438	51	1	in	in	ADP
fbem-16438	51	2	addition	addition	NOUN
fbem-16438	51	3	,	,	PUNCT
fbem-16438	51	4	luo	luo	PROPN
fbem-16438	51	5	jinhui	jinhui	PROPN
fbem-16438	51	6	(	(	PUNCT
fbem-16438	51	7	2012	2012	NUM
fbem-16438	51	8	)	)	PUNCT
fbem-16438	51	9	studied	study	VERB
fbem-16438	51	10	the	the	DET
fbem-16438	51	11	corporate	corporate	ADJ
fbem-16438	51	12	governance	governance	NOUN
fbem-16438	51	13	role	role	NOUN
fbem-16438	51	14	of	of	ADP
fbem-16438	51	15	media	medium	NOUN
fbem-16438	51	16	coverage	coverage	NOUN
fbem-16438	51	17	from	from	ADP
fbem-16438	51	18	the	the	DET
fbem-16438	51	19	perspective	perspective	NOUN
fbem-16438	51	20	of	of	ADP
fbem-16438	51	21	dual	dual	ADJ
fbem-16438	51	22	agency	agency	NOUN
fbem-16438	51	23	costs	cost	NOUN
fbem-16438	51	24	,	,	PUNCT
fbem-16438	51	25	but	but	CCONJ
fbem-16438	51	26	did	do	AUX
fbem-16438	51	27	not	not	PART
fbem-16438	51	28	test	test	VERB
fbem-16438	51	29	the	the	DET
fbem-16438	51	30	direct	direct	ADJ
fbem-16438	51	31	impact	impact	NOUN
fbem-16438	51	32	of	of	ADP
fbem-16438	51	33	media	medium	NOUN
fbem-16438	51	34	monitoring	monitoring	NOUN
fbem-16438	51	35	on	on	ADP
fbem-16438	51	36	firm	firm	ADJ
fbem-16438	51	37	-	-	PUNCT
fbem-16438	51	38	specific	specific	ADJ
fbem-16438	51	39	behavior	behavior	NOUN
fbem-16438	51	40	.	.	PUNCT
fbem-16438	52	1	due	due	ADP
fbem-16438	52	2	to	to	ADP
fbem-16438	52	3	the	the	DET
fbem-16438	52	4	special	special	ADJ
fbem-16438	52	5	institutional	institutional	ADJ
fbem-16438	52	6	conditions	condition	NOUN
fbem-16438	52	7	and	and	CCONJ
fbem-16438	52	8	the	the	DET
fbem-16438	52	9	obvious	obvious	ADJ
fbem-16438	52	10	influence	influence	NOUN
fbem-16438	52	11	of	of	ADP
fbem-16438	52	12	the	the	DET
fbem-16438	52	13	government	government	NOUN
fbem-16438	52	14	on	on	ADP
fbem-16438	52	15	resource	resource	NOUN
fbem-16438	52	16	allocation	allocation	NOUN
fbem-16438	52	17	,	,	PUNCT
fbem-16438	52	18	many	many	ADJ
fbem-16438	52	19	private	private	ADJ
fbem-16438	52	20	enterprises	enterprise	NOUN
fbem-16438	52	21	obtain	obtain	VERB
fbem-16438	52	22	shortcuts	shortcut	NOUN
fbem-16438	52	23	by	by	ADP
fbem-16438	52	24	creating	create	VERB
fbem-16438	52	25	political	political	ADJ
fbem-16438	52	26	affiliation	affiliation	NOUN
fbem-16438	52	27	cao	cao	PROPN
fbem-16438	52	28	chang	chang	PROPN
fbem-16438	52	29	(	(	PUNCT
fbem-16438	52	30	2020	2020	NUM
fbem-16438	52	31	)	)	PUNCT
fbem-16438	52	32	,	,	PUNCT
fbem-16438	52	33	which	which	PRON
fbem-16438	52	34	found	find	VERB
fbem-16438	52	35	that	that	SCONJ
fbem-16438	52	36	political	political	ADJ
fbem-16438	52	37	affiliation	affiliation	NOUN
fbem-16438	52	38	has	have	VERB
fbem-16438	52	39	a	a	DET
fbem-16438	52	40	facilitating	facilitate	VERB
fbem-16438	52	41	effect	effect	NOUN
fbem-16438	52	42	on	on	ADP
fbem-16438	52	43	corporate	corporate	ADJ
fbem-16438	52	44	surplus	surplus	NOUN
fbem-16438	52	45	management	management	NOUN
fbem-16438	52	46	(	(	PUNCT
fbem-16438	52	47	tao	tao	PROPN
fbem-16438	52	48	xionghua	xionghua	PROPN
fbem-16438	52	49	et	et	PROPN
fbem-16438	52	50	al	al	PROPN
fbem-16438	52	51	.	.	PROPN
fbem-16438	52	52	,	,	PUNCT
fbem-16438	52	53	2018	2018	NUM
fbem-16438	52	54	)	)	PUNCT
fbem-16438	52	55	.	.	PUNCT
fbem-16438	53	1	and	and	CCONJ
fbem-16438	53	2	media	medium	NOUN
fbem-16438	53	3	monitoring	monitoring	NOUN
fbem-16438	53	4	will	will	AUX
fbem-16438	53	5	reduce	reduce	VERB
fbem-16438	53	6	the	the	DET
fbem-16438	53	7	level	level	NOUN
fbem-16438	53	8	of	of	ADP
fbem-16438	53	9	surplus	surplus	ADJ
fbem-16438	53	10	management	management	NOUN
fbem-16438	53	11	of	of	ADP
fbem-16438	53	12	private	private	ADJ
fbem-16438	53	13	enterprises	enterprise	NOUN
fbem-16438	53	14	with	with	ADP
fbem-16438	53	15	political	political	ADJ
fbem-16438	53	16	affiliation	affiliation	NOUN
fbem-16438	53	17	and	and	CCONJ
fbem-16438	53	18	change	change	VERB
fbem-16438	53	19	the	the	DET
fbem-16438	53	20	impact	impact	NOUN
fbem-16438	53	21	of	of	ADP
fbem-16438	53	22	political	political	ADJ
fbem-16438	53	23	affiliation	affiliation	NOUN
fbem-16438	53	24	on	on	ADP
fbem-16438	53	25	them	they	PRON
fbem-16438	53	26	(	(	PUNCT
fbem-16438	53	27	cui	cui	PROPN
fbem-16438	53	28	meng	meng	PROPN
fbem-16438	53	29	,	,	PUNCT
fbem-16438	53	30	2018	2018	NUM
fbem-16438	53	31	)	)	PUNCT
fbem-16438	53	32	.	.	PUNCT
fbem-16438	54	1	compared	compare	VERB
fbem-16438	54	2	with	with	ADP
fbem-16438	54	3	equity	equity	NOUN
fbem-16438	54	4	financing	financing	NOUN
fbem-16438	54	5	and	and	CCONJ
fbem-16438	54	6	bond	bond	NOUN
fbem-16438	54	7	financing	financing	NOUN
fbem-16438	54	8	,	,	PUNCT
fbem-16438	54	9	the	the	DET
fbem-16438	54	10	supervision	supervision	NOUN
fbem-16438	54	11	for	for	ADP
fbem-16438	54	12	bank	bank	NOUN
fbem-16438	54	13	loans	loan	NOUN
fbem-16438	54	14	is	be	AUX
fbem-16438	54	15	more	more	ADV
fbem-16438	54	16	stringent	stringent	ADJ
fbem-16438	54	17	,	,	PUNCT
fbem-16438	54	18	equity	equity	NOUN
fbem-16438	54	19	financing	financing	NOUN
fbem-16438	54	20	and	and	CCONJ
fbem-16438	54	21	bond	bond	NOUN
fbem-16438	54	22	financing	financing	NOUN
fbem-16438	54	23	exists	exist	VERB
fbem-16438	54	24	this	this	DET
fbem-16438	54	25	free	free	ADJ
fbem-16438	54	26	-	-	PUNCT
fbem-16438	54	27	rider	rider	NOUN
fbem-16438	54	28	phenomenon	phenomenon	NOUN
fbem-16438	54	29	,	,	PUNCT
fbem-16438	54	30	most	most	ADJ
fbem-16438	54	31	of	of	ADP
fbem-16438	54	32	the	the	DET
fbem-16438	54	33	small	small	ADJ
fbem-16438	54	34	and	and	CCONJ
fbem-16438	54	35	medium	medium	ADJ
fbem-16438	54	36	-	-	PUNCT
fbem-16438	54	37	sized	sized	ADJ
fbem-16438	54	38	investors	investor	NOUN
fbem-16438	54	39	will	will	AUX
fbem-16438	54	40	not	not	PART
fbem-16438	54	41	spend	spend	VERB
fbem-16438	54	42	a	a	DET
fbem-16438	54	43	lot	lot	NOUN
fbem-16438	54	44	of	of	ADP
fbem-16438	54	45	heart	heart	NOUN
fbem-16438	54	46	to	to	PART
fbem-16438	54	47	investigate	investigate	VERB
fbem-16438	54	48	the	the	DET
fbem-16438	54	49	company	company	NOUN
fbem-16438	54	50	's	's	PART
fbem-16438	54	51	operating	operating	NOUN
fbem-16438	54	52	conditions	condition	NOUN
fbem-16438	54	53	,	,	PUNCT
fbem-16438	54	54	financial	financial	ADJ
fbem-16438	54	55	conditions	condition	NOUN
fbem-16438	54	56	,	,	PUNCT
fbem-16438	54	57	etc	etc	X
fbem-16438	54	58	.	.	X
fbem-16438	54	59	,	,	PUNCT
fbem-16438	54	60	but	but	CCONJ
fbem-16438	54	61	will	will	AUX
fbem-16438	54	62	choose	choose	VERB
fbem-16438	54	63	to	to	PART
fbem-16438	54	64	believe	believe	VERB
fbem-16438	54	65	in	in	ADP
fbem-16438	54	66	professional	professional	ADJ
fbem-16438	54	67	investment	investment	NOUN
fbem-16438	54	68	institutions	institution	NOUN
fbem-16438	54	69	or	or	CCONJ
fbem-16438	54	70	financial	financial	ADJ
fbem-16438	54	71	news	news	NOUN
fbem-16438	54	72	media	medium	NOUN
fbem-16438	54	73	reports	report	NOUN
fbem-16438	54	74	,	,	PUNCT
fbem-16438	54	75	etc	etc	X
fbem-16438	54	76	.	.	X
fbem-16438	54	77	,	,	PUNCT
fbem-16438	54	78	that	that	ADV
fbem-16438	54	79	is	is	ADV
fbem-16438	54	80	,	,	PUNCT
fbem-16438	54	81	through	through	ADP
fbem-16438	54	82	external	external	ADJ
fbem-16438	54	83	information	information	NOUN
fbem-16438	54	84	to	to	PART
fbem-16438	54	85	supervise	supervise	VERB
fbem-16438	54	86	,	,	PUNCT
fbem-16438	54	87	rather	rather	ADV
fbem-16438	54	88	than	than	ADP
fbem-16438	54	89	supervise	supervise	VERB
fbem-16438	54	90	themselves	themselves	PRON
fbem-16438	54	91	,	,	PUNCT
fbem-16438	54	92	but	but	CCONJ
fbem-16438	54	93	in	in	ADP
fbem-16438	54	94	the	the	PRON
fbem-16438	54	95	in	in	ADP
fbem-16438	54	96	the	the	DET
fbem-16438	54	97	process	process	NOUN
fbem-16438	54	98	of	of	ADP
fbem-16438	54	99	bank	bank	NOUN
fbem-16438	54	100	loans	loan	NOUN
fbem-16438	54	101	,	,	PUNCT
fbem-16438	54	102	the	the	DET
fbem-16438	54	103	bank	bank	NOUN
fbem-16438	54	104	will	will	AUX
fbem-16438	54	105	supervise	supervise	VERB
fbem-16438	54	106	the	the	DET
fbem-16438	54	107	payments	payment	NOUN
fbem-16438	54	108	and	and	CCONJ
fbem-16438	54	109	review	review	VERB
fbem-16438	54	110	the	the	DET
fbem-16438	54	111	payments	payment	NOUN
fbem-16438	54	112	afterwards	afterwards	ADV
fbem-16438	54	113	,	,	PUNCT
fbem-16438	54	114	and	and	CCONJ
fbem-16438	54	115	there	there	PRON
fbem-16438	54	116	are	be	VERB
fbem-16438	54	117	strict	strict	ADJ
fbem-16438	54	118	requirements	requirement	NOUN
fbem-16438	54	119	for	for	ADP
fbem-16438	54	120	the	the	DET
fbem-16438	54	121	approval	approval	NOUN
fbem-16438	54	122	of	of	ADP
fbem-16438	54	123	the	the	DET
fbem-16438	54	124	financing	financing	NOUN
fbem-16438	54	125	payments	payment	NOUN
fbem-16438	54	126	,	,	PUNCT
fbem-16438	54	127	and	and	CCONJ
fbem-16438	54	128	in	in	ADP
fbem-16438	54	129	order	order	NOUN
fbem-16438	54	130	to	to	PART
fbem-16438	54	131	be	be	AUX
fbem-16438	54	132	active	active	ADJ
fbem-16438	54	133	in	in	ADP
fbem-16438	54	134	bank	bank	NOUN
fbem-16438	54	135	loans	loan	NOUN
fbem-16438	54	136	,	,	PUNCT
fbem-16438	54	137	the	the	DET
fbem-16438	54	138	enterprise	enterprise	NOUN
fbem-16438	54	139	needs	need	VERB
fbem-16438	54	140	to	to	PART
fbem-16438	54	141	provide	provide	VERB
fbem-16438	54	142	the	the	DET
fbem-16438	54	143	bank	bank	NOUN
fbem-16438	54	144	with	with	ADP
fbem-16438	54	145	a	a	DET
fbem-16438	54	146	lot	lot	NOUN
fbem-16438	54	147	of	of	ADP
fbem-16438	54	148	information	information	NOUN
fbem-16438	54	149	to	to	PART
fbem-16438	54	150	prove	prove	VERB
fbem-16438	54	151	that	that	SCONJ
fbem-16438	54	152	the	the	DET
fbem-16438	54	153	company	company	NOUN
fbem-16438	54	154	has	have	VERB
fbem-16438	54	155	the	the	DET
fbem-16438	54	156	ability	ability	NOUN
fbem-16438	54	157	to	to	PART
fbem-16438	54	158	make	make	VERB
fbem-16438	54	159	loans	loan	NOUN
fbem-16438	54	160	and	and	CCONJ
fbem-16438	54	161	repayments	repayment	NOUN
fbem-16438	54	162	,	,	PUNCT
fbem-16438	54	163	so	so	SCONJ
fbem-16438	54	164	there	there	PRON
fbem-16438	54	165	is	be	VERB
fbem-16438	54	166	a	a	DET
fbem-16438	54	167	good	good	ADJ
fbem-16438	54	168	supervision	supervision	NOUN
fbem-16438	54	169	of	of	ADP
fbem-16438	54	170	the	the	DET
fbem-16438	54	171	bank	bank	NOUN
fbem-16438	54	172	loans	loan	NOUN
fbem-16438	54	173	.	.	PUNCT
fbem-16438	55	1	so	so	ADV
fbem-16438	55	2	this	this	DET
fbem-16438	55	3	paper	paper	NOUN
fbem-16438	55	4	argues	argue	VERB
fbem-16438	55	5	that	that	SCONJ
fbem-16438	55	6	the	the	DET
fbem-16438	55	7	presence	presence	NOUN
fbem-16438	55	8	of	of	ADP
fbem-16438	55	9	media	medium	NOUN
fbem-16438	55	10	directors	director	NOUN
fbem-16438	55	11	leads	lead	VERB
fbem-16438	55	12	to	to	ADP
fbem-16438	55	13	less	less	ADJ
fbem-16438	55	14	use	use	NOUN
fbem-16438	55	15	of	of	ADP
fbem-16438	55	16	governanceintensive	governanceintensive	ADJ
fbem-16438	55	17	forms	form	NOUN
fbem-16438	55	18	of	of	ADP
fbem-16438	55	19	financing	financing	NOUN
fbem-16438	55	20	i.e.	i.e.	X
fbem-16438	55	21	bank	bank	NOUN
fbem-16438	55	22	loans	loan	NOUN
fbem-16438	55	23	,	,	PUNCT
fbem-16438	55	24	as	as	SCONJ
fbem-16438	55	25	increased	increase	VERB
fbem-16438	55	26	information	information	NOUN
fbem-16438	55	27	flow	flow	NOUN
fbem-16438	55	28	from	from	ADP
fbem-16438	55	29	firms	firm	NOUN
fbem-16438	55	30	can	can	AUX
fbem-16438	55	31	act	act	VERB
fbem-16438	55	32	as	as	ADP
fbem-16438	55	33	an	an	DET
fbem-16438	55	34	external	external	ADJ
fbem-16438	55	35	governance	governance	NOUN
fbem-16438	55	36	mechanism	mechanism	NOUN
fbem-16438	55	37	allowing	allow	VERB
fbem-16438	55	38	firms	firm	NOUN
fbem-16438	55	39	to	to	PART
fbem-16438	55	40	move	move	VERB
fbem-16438	55	41	to	to	ADP
fbem-16438	55	42	less	less	ADJ
fbem-16438	55	43	governance	governance	NOUN
fbem-16438	55	44	-	-	PUNCT
fbem-16438	55	45	intensive	intensive	ADJ
fbem-16438	55	46	forms	form	NOUN
fbem-16438	55	47	of	of	ADP
fbem-16438	55	48	financing	financing	NOUN
fbem-16438	55	49	,	,	PUNCT
fbem-16438	55	50	and	and	CCONJ
fbem-16438	55	51	in	in	ADP
fbem-16438	55	52	the	the	DET
fbem-16438	55	53	case	case	NOUN
fbem-16438	55	54	of	of	ADP
fbem-16438	55	55	debt	debt	NOUN
fbem-16438	55	56	,	,	PUNCT
fbem-16438	55	57	the	the	DET
fbem-16438	55	58	governance	governance	NOUN
fbem-16438	55	59	pressure	pressure	NOUN
fbem-16438	55	60	substitution	substitution	NOUN
fbem-16438	55	61	effect	effect	NOUN
fbem-16438	55	62	may	may	AUX
fbem-16438	55	63	lead	lead	VERB
fbem-16438	55	64	to	to	ADP
fbem-16438	55	65	a	a	DET
fbem-16438	55	66	move	move	NOUN
fbem-16438	55	67	to	to	PART
fbem-16438	55	68	bond	bond	NOUN
fbem-16438	55	69	financing	financing	NOUN
fbem-16438	55	70	rather	rather	ADV
fbem-16438	55	71	than	than	ADP
fbem-16438	55	72	bank	bank	NOUN
fbem-16438	55	73	loans	loan	NOUN
fbem-16438	55	74	,	,	PUNCT
fbem-16438	55	75	which	which	PRON
fbem-16438	55	76	may	may	AUX
fbem-16438	55	77	not	not	PART
fbem-16438	55	78	be	be	AUX
fbem-16438	55	79	a	a	DET
fbem-16438	55	80	good	good	ADJ
fbem-16438	55	81	predictor	predictor	NOUN
fbem-16438	55	82	of	of	ADP
fbem-16438	55	83	equity	equity	NOUN
fbem-16438	55	84	financing	financing	NOUN
fbem-16438	55	85	.	.	PUNCT
fbem-16438	56	1	this	this	PRON
fbem-16438	56	2	leads	lead	VERB
fbem-16438	56	3	to	to	ADP
fbem-16438	56	4	the	the	DET
fbem-16438	56	5	hypothesis	hypothesis	NOUN
fbem-16438	56	6	:	:	PUNCT
fbem-16438	56	7	h2a	h2a	ADP
fbem-16438	56	8	:	:	PUNCT
fbem-16438	56	9	there	there	PRON
fbem-16438	56	10	is	be	VERB
fbem-16438	56	11	no	no	DET
fbem-16438	56	12	significant	significant	ADJ
fbem-16438	56	13	effect	effect	NOUN
fbem-16438	56	14	of	of	ADP
fbem-16438	56	15	listed	list	VERB
fbem-16438	56	16	companies	company	NOUN
fbem-16438	56	17	with	with	ADP
fbem-16438	56	18	media	medium	NOUN
fbem-16438	56	19	directors	director	NOUN
fbem-16438	56	20	on	on	ADP
fbem-16438	56	21	equity	equity	NOUN
fbem-16438	56	22	financing	financing	NOUN
fbem-16438	56	23	in	in	ADP
fbem-16438	56	24	later	later	ADJ
fbem-16438	56	25	company	company	NOUN
fbem-16438	56	26	years	year	NOUN
fbem-16438	56	27	.	.	PUNCT
fbem-16438	57	1	h2b	h2b	PROPN
fbem-16438	57	2	:	:	PUNCT
fbem-16438	57	3	public	public	ADJ
fbem-16438	57	4	companies	company	NOUN
fbem-16438	57	5	with	with	ADP
fbem-16438	57	6	media	medium	NOUN
fbem-16438	57	7	directors	director	NOUN
fbem-16438	57	8	positively	positively	ADV
fbem-16438	57	9	influence	influence	VERB
fbem-16438	57	10	the	the	DET
fbem-16438	57	11	company	company	NOUN
fbem-16438	57	12	's	's	PART
fbem-16438	57	13	bond	bond	NOUN
fbem-16438	57	14	financing	financing	NOUN
fbem-16438	57	15	in	in	ADP
fbem-16438	57	16	the	the	DET
fbem-16438	57	17	later	later	ADJ
fbem-16438	57	18	corporate	corporate	ADJ
fbem-16438	57	19	year	year	NOUN
fbem-16438	57	20	.	.	PUNCT
fbem-16438	58	1	h2c	h2c	NOUN
fbem-16438	58	2	:	:	PUNCT
fbem-16438	58	3	listed	list	VERB
fbem-16438	58	4	companies	company	NOUN
fbem-16438	58	5	with	with	ADP
fbem-16438	58	6	media	medium	NOUN
fbem-16438	58	7	directors	director	NOUN
fbem-16438	58	8	negatively	negatively	ADV
fbem-16438	58	9	affect	affect	VERB
fbem-16438	58	10	bank	bank	NOUN
fbem-16438	58	11	lending	lending	NOUN
fbem-16438	58	12	in	in	ADP
fbem-16438	58	13	later	later	ADJ
fbem-16438	58	14	company	company	NOUN
fbem-16438	58	15	years	year	NOUN
fbem-16438	58	16	.	.	PUNCT
fbem-16438	59	1	3	3	X
fbem-16438	59	2	.	.	X
fbem-16438	59	3	research	research	NOUN
fbem-16438	59	4	design	design	NOUN
fbem-16438	59	5	(	(	PUNCT
fbem-16438	59	6	1	1	NUM
fbem-16438	59	7	)	)	PUNCT
fbem-16438	59	8	sample	sample	NOUN
fbem-16438	59	9	selection	selection	NOUN
fbem-16438	59	10	and	and	CCONJ
fbem-16438	59	11	data	datum	NOUN
fbem-16438	59	12	sources	source	NOUN
fbem-16438	59	13	in	in	ADP
fbem-16438	59	14	this	this	DET
fbem-16438	59	15	paper	paper	NOUN
fbem-16438	59	16	,	,	PUNCT
fbem-16438	59	17	4596	4596	NUM
fbem-16438	59	18	listed	list	VERB
fbem-16438	59	19	companies	company	NOUN
fbem-16438	59	20	in	in	ADP
fbem-16438	59	21	shanghai	shanghai	PROPN
fbem-16438	59	22	and	and	CCONJ
fbem-16438	59	23	shenzhen	shenzhen	PROPN
fbem-16438	59	24	a	a	PROPN
fbem-16438	59	25	-	-	PUNCT
fbem-16438	59	26	shares	share	NOUN
fbem-16438	59	27	are	be	AUX
fbem-16438	59	28	selected	select	VERB
fbem-16438	59	29	as	as	SCONJ
fbem-16438	59	30	the	the	DET
fbem-16438	59	31	total	total	ADJ
fbem-16438	59	32	sample	sample	NOUN
fbem-16438	59	33	and	and	CCONJ
fbem-16438	59	34	20102021	20102021	NUM
fbem-16438	59	35	is	be	AUX
fbem-16438	59	36	chosen	choose	VERB
fbem-16438	59	37	as	as	ADP
fbem-16438	59	38	the	the	DET
fbem-16438	59	39	sample	sample	NOUN
fbem-16438	59	40	examination	examination	NOUN
fbem-16438	59	41	period	period	NOUN
fbem-16438	59	42	,	,	PUNCT
fbem-16438	59	43	which	which	PRON
fbem-16438	59	44	gets	get	VERB
fbem-16438	59	45	30023	30023	NUM
fbem-16438	59	46	initial	initial	ADJ
fbem-16438	59	47	annual	annual	ADJ
fbem-16438	59	48	observation	observation	NOUN
fbem-16438	59	49	samples	sample	NOUN
fbem-16438	59	50	.	.	PUNCT
fbem-16438	60	1	in	in	ADP
fbem-16438	60	2	order	order	NOUN
fbem-16438	60	3	to	to	PART
fbem-16438	60	4	avoid	avoid	VERB
fbem-16438	60	5	the	the	DET
fbem-16438	60	6	influence	influence	NOUN
fbem-16438	60	7	of	of	ADP
fbem-16438	60	8	abnormal	abnormal	ADJ
fbem-16438	60	9	data	datum	NOUN
fbem-16438	60	10	,	,	PUNCT
fbem-16438	60	11	this	this	DET
fbem-16438	60	12	paper	paper	NOUN
fbem-16438	60	13	makes	make	VERB
fbem-16438	60	14	the	the	DET
fbem-16438	60	15	following	follow	VERB
fbem-16438	60	16	treatments	treatment	NOUN
fbem-16438	60	17	:	:	PUNCT
fbem-16438	60	18	(	(	PUNCT
fbem-16438	60	19	1	1	X
fbem-16438	60	20	)	)	PUNCT
fbem-16438	60	21	exclude	exclude	VERB
fbem-16438	60	22	the	the	DET
fbem-16438	60	23	sample	sample	NOUN
fbem-16438	60	24	of	of	ADP
fbem-16438	60	25	companies	company	NOUN
fbem-16438	60	26	that	that	PRON
fbem-16438	60	27	have	have	AUX
fbem-16438	60	28	been	be	AUX
fbem-16438	60	29	or	or	CCONJ
fbem-16438	60	30	are	be	AUX
fbem-16438	60	31	being	be	AUX
fbem-16438	60	32	st	st	PROPN
fbem-16438	60	33	,	,	PUNCT
fbem-16438	60	34	*	*	PROPN
fbem-16438	60	35	st	st	PROPN
fbem-16438	60	36	,	,	PUNCT
fbem-16438	60	37	s	s	PROPN
fbem-16438	60	38	,	,	PUNCT
fbem-16438	60	39	s*st	s*st	NOUN
fbem-16438	60	40	during	during	ADP
fbem-16438	60	41	the	the	DET
fbem-16438	60	42	sample	sample	NOUN
fbem-16438	60	43	period	period	NOUN
fbem-16438	60	44	;	;	PUNCT
fbem-16438	60	45	(	(	PUNCT
fbem-16438	60	46	2	2	X
fbem-16438	60	47	)	)	PUNCT
fbem-16438	60	48	the	the	DET
fbem-16438	60	49	sample	sample	NOUN
fbem-16438	60	50	of	of	ADP
fbem-16438	60	51	companies	company	NOUN
fbem-16438	60	52	with	with	ADP
fbem-16438	60	53	missing	miss	VERB
fbem-16438	60	54	data	datum	NOUN
fbem-16438	60	55	;	;	PUNCT
fbem-16438	60	56	(	(	PUNCT
fbem-16438	60	57	3	3	X
fbem-16438	60	58	)	)	PUNCT
fbem-16438	60	59	the	the	DET
fbem-16438	60	60	sample	sample	NOUN
fbem-16438	60	61	of	of	ADP
fbem-16438	60	62	financial	financial	ADJ
fbem-16438	60	63	companies	company	NOUN
fbem-16438	60	64	;	;	PUNCT
fbem-16438	60	65	(	(	PUNCT
fbem-16438	60	66	4	4	X
fbem-16438	60	67	)	)	PUNCT
fbem-16438	60	68	the	the	DET
fbem-16438	60	69	sample	sample	NOUN
fbem-16438	60	70	of	of	ADP
fbem-16438	60	71	media	medium	NOUN
fbem-16438	60	72	companies	company	NOUN
fbem-16438	60	73	.	.	PUNCT
fbem-16438	61	1	the	the	DET
fbem-16438	61	2	final	final	ADJ
fbem-16438	61	3	sample	sample	NOUN
fbem-16438	61	4	of	of	ADP
fbem-16438	61	5	58,684	58,684	NUM
fbem-16438	61	6	valid	valid	ADJ
fbem-16438	61	7	observations	observation	NOUN
fbem-16438	61	8	is	be	AUX
fbem-16438	61	9	obtained	obtain	VERB
fbem-16438	61	10	.	.	PUNCT
fbem-16438	62	1	the	the	DET
fbem-16438	62	2	data	datum	NOUN
fbem-16438	62	3	of	of	ADP
fbem-16438	62	4	media	medium	NOUN
fbem-16438	62	5	-	-	PUNCT
fbem-16438	62	6	related	relate	VERB
fbem-16438	62	7	directors	director	NOUN
fbem-16438	62	8	used	use	VERB
fbem-16438	62	9	in	in	ADP
fbem-16438	62	10	this	this	DET
fbem-16438	62	11	paper	paper	NOUN
fbem-16438	62	12	refers	refer	VERB
fbem-16438	62	13	to	to	ADP
fbem-16438	62	14	the	the	DET
fbem-16438	62	15	variable	variable	NOUN
fbem-16438	62	16	of	of	ADP
fbem-16438	62	17	listed	list	VERB
fbem-16438	62	18	company	company	NOUN
fbem-16438	62	19	's	's	PART
fbem-16438	62	20	board	board	NOUN
fbem-16438	62	21	members	member	NOUN
fbem-16438	62	22	who	who	PRON
fbem-16438	62	23	are	be	AUX
fbem-16438	62	24	also	also	ADV
fbem-16438	62	25	members	member	NOUN
fbem-16438	62	26	of	of	ADP
fbem-16438	62	27	the	the	DET
fbem-16438	62	28	board	board	NOUN
fbem-16438	62	29	of	of	ADP
fbem-16438	62	30	directors	director	NOUN
fbem-16438	62	31	of	of	ADP
fbem-16438	62	32	media	medium	NOUN
fbem-16438	62	33	companies	company	NOUN
fbem-16438	62	34	,	,	PUNCT
fbem-16438	62	35	which	which	PRON
fbem-16438	62	36	is	be	AUX
fbem-16438	62	37	manually	manually	ADV
fbem-16438	62	38	collected	collect	VERB
fbem-16438	62	39	and	and	CCONJ
fbem-16438	62	40	organized	organize	VERB
fbem-16438	62	41	by	by	ADP
fbem-16438	62	42	"	"	PUNCT
fbem-16438	62	43	enterprise	enterprise	NOUN
fbem-16438	62	44	search	search	NOUN
fbem-16438	62	45	"	"	PUNCT
fbem-16438	62	46	(	(	PUNCT
fbem-16438	62	47	https://www.qcc.com	https://www.qcc.com	X
fbem-16438	62	48	)	)	PUNCT
fbem-16438	62	49	,	,	PUNCT
fbem-16438	62	50	while	while	SCONJ
fbem-16438	62	51	the	the	DET
fbem-16438	62	52	data	datum	NOUN
fbem-16438	62	53	of	of	ADP
fbem-16438	62	54	listed	list	VERB
fbem-16438	62	55	company	company	NOUN
fbem-16438	62	56	's	's	PART
fbem-16438	62	57	financial	financial	ADJ
fbem-16438	62	58	statements	statement	NOUN
fbem-16438	62	59	and	and	CCONJ
fbem-16438	62	60	company	company	NOUN
fbem-16438	62	61	structure	structure	NOUN
fbem-16438	62	62	are	be	AUX
fbem-16438	62	63	all	all	PRON
fbem-16438	62	64	obtained	obtain	VERB
fbem-16438	62	65	from	from	ADP
fbem-16438	62	66	the	the	DET
fbem-16438	62	67	flush	flush	NOUN
fbem-16438	62	68	the	the	DET
fbem-16438	62	69	data	datum	NOUN
fbem-16438	62	70	on	on	ADP
fbem-16438	62	71	financial	financial	ADJ
fbem-16438	62	72	statements	statement	NOUN
fbem-16438	62	73	and	and	CCONJ
fbem-16438	62	74	company	company	NOUN
fbem-16438	62	75	structure	structure	NOUN
fbem-16438	62	76	of	of	ADP
fbem-16438	62	77	listed	list	VERB
fbem-16438	62	78	companies	company	NOUN
fbem-16438	62	79	were	be	AUX
fbem-16438	62	80	obtained	obtain	VERB
fbem-16438	62	81	from	from	ADP
fbem-16438	62	82	the	the	DET
fbem-16438	62	83	tonghuashun	tonghuashun	PROPN
fbem-16438	62	84	database	database	NOUN
fbem-16438	62	85	.	.	PUNCT
fbem-16438	63	1	media	medium	NOUN
fbem-16438	63	2	reports	report	NOUN
fbem-16438	63	3	are	be	AUX
fbem-16438	63	4	mainly	mainly	ADV
fbem-16438	63	5	obtained	obtain	VERB
fbem-16438	63	6	from	from	ADP
fbem-16438	63	7	china	china	PROPN
fbem-16438	63	8	research	research	PROPN
fbem-16438	63	9	data	data	PROPN
fbem-16438	63	10	service	service	NOUN
fbem-16438	63	11	platform	platform	NOUN
fbem-16438	63	12	(	(	PUNCT
fbem-16438	63	13	cnrds	cnrd	NOUN
fbem-16438	63	14	)	)	PUNCT
fbem-16438	63	15	,	,	PUNCT
fbem-16438	63	16	including	include	VERB
fbem-16438	63	17	the	the	DET
fbem-16438	63	18	number	number	NOUN
fbem-16438	63	19	of	of	ADP
fbem-16438	63	20	news	news	NOUN
fbem-16438	63	21	headlines	headline	NOUN
fbem-16438	63	22	containing	contain	VERB
fbem-16438	63	23	the	the	DET
fbem-16438	63	24	name	name	NOUN
fbem-16438	63	25	of	of	ADP
fbem-16438	63	26	the	the	DET
fbem-16438	63	27	security	security	NOUN
fbem-16438	63	28	,	,	PUNCT
fbem-16438	63	29	the	the	DET
fbem-16438	63	30	total	total	ADJ
fbem-16438	63	31	number	number	NOUN
fbem-16438	63	32	of	of	ADP
fbem-16438	63	33	news	news	NOUN
fbem-16438	63	34	reports	report	NOUN
fbem-16438	63	35	,	,	PUNCT
fbem-16438	63	36	and	and	CCONJ
fbem-16438	63	37	the	the	DET
fbem-16438	63	38	number	number	NOUN
fbem-16438	63	39	of	of	ADP
fbem-16438	63	40	reports	report	NOUN
fbem-16438	63	41	with	with	ADP
fbem-16438	63	42	positive	positive	ADJ
fbem-16438	63	43	,	,	PUNCT
fbem-16438	63	44	heavy	heavy	ADJ
fbem-16438	63	45	,	,	PUNCT
fbem-16438	63	46	and	and	CCONJ
fbem-16438	63	47	negative	negative	ADJ
fbem-16438	63	48	tendencies	tendency	NOUN
fbem-16438	63	49	.	.	PUNCT
fbem-16438	64	1	this	this	DET
fbem-16438	64	2	paper	paper	NOUN
fbem-16438	64	3	mainly	mainly	ADV
fbem-16438	64	4	uses	use	VERB
fbem-16438	64	5	the	the	DET
fbem-16438	64	6	statistical	statistical	ADJ
fbem-16438	64	7	analysis	analysis	NOUN
fbem-16438	64	8	software	software	NOUN
fbem-16438	64	9	stata15.1	stata15.1	NUM
fbem-16438	64	10	to	to	PART
fbem-16438	64	11	conduct	conduct	VERB
fbem-16438	64	12	relevant	relevant	ADJ
fbem-16438	64	13	econometric	econometric	ADJ
fbem-16438	64	14	analysis	analysis	NOUN
fbem-16438	64	15	.	.	PUNCT
fbem-16438	65	1	(	(	PUNCT
fbem-16438	65	2	2	2	X
fbem-16438	65	3	)	)	PUNCT
fbem-16438	65	4	empirical	empirical	ADJ
fbem-16438	65	5	model	model	NOUN
fbem-16438	65	6	a	a	DET
fbem-16438	65	7	study	study	NOUN
fbem-16438	65	8	of	of	ADP
fbem-16438	65	9	the	the	DET
fbem-16438	65	10	impact	impact	NOUN
fbem-16438	65	11	of	of	ADP
fbem-16438	65	12	media	medium	NOUN
fbem-16438	65	13	-	-	PUNCT
fbem-16438	65	14	affiliated	affiliate	VERB
fbem-16438	65	15	directors	director	NOUN
fbem-16438	65	16	on	on	ADP
fbem-16438	65	17	financing	financing	NOUN
fbem-16438	65	18	methods	method	NOUN
fbem-16438	65	19	.	.	PUNCT
fbem-16438	66	1	to	to	PART
fbem-16438	66	2	test	test	VERB
fbem-16438	66	3	hypothesis	hypothesis	NOUN
fbem-16438	66	4	1	1	NUM
fbem-16438	66	5	,	,	PUNCT
fbem-16438	66	6	we	we	PRON
fbem-16438	66	7	constructed	construct	VERB
fbem-16438	66	8	the	the	DET
fbem-16438	66	9	media	medium	NOUN
fbem-16438	66	10	-	-	PUNCT
fbem-16438	66	11	connected	connect	VERB
fbem-16438	66	12	director	director	NOUN
fbem-16438	66	13	variable	variable	NOUN
fbem-16438	66	14	(	(	PUNCT
fbem-16438	66	15	mld	mld	PROPN
fbem-16438	66	16	)	)	PUNCT
fbem-16438	66	17	,	,	PUNCT
fbem-16438	67	1	i.e.	i.e.	X
fbem-16438	67	2	,	,	PUNCT
fbem-16438	67	3	when	when	SCONJ
fbem-16438	67	4	a	a	DET
fbem-16438	67	5	member	member	NOUN
fbem-16438	67	6	of	of	ADP
fbem-16438	67	7	the	the	DET
fbem-16438	67	8	board	board	NOUN
fbem-16438	67	9	of	of	ADP
fbem-16438	67	10	directors	director	NOUN
fbem-16438	67	11	of	of	ADP
fbem-16438	67	12	a	a	DET
fbem-16438	67	13	listed	list	VERB
fbem-16438	67	14	company	company	NOUN
fbem-16438	67	15	also	also	ADV
fbem-16438	67	16	serves	serve	VERB
fbem-16438	67	17	as	as	ADP
fbem-16438	67	18	a	a	DET
fbem-16438	67	19	member	member	NOUN
fbem-16438	67	20	of	of	ADP
fbem-16438	67	21	the	the	DET
fbem-16438	67	22	board	board	NOUN
fbem-16438	67	23	of	of	ADP
fbem-16438	67	24	directors	director	NOUN
fbem-16438	67	25	of	of	ADP
fbem-16438	67	26	a	a	DET
fbem-16438	67	27	media	medium	NOUN
fbem-16438	67	28	company	company	NOUN
fbem-16438	67	29	.	.	PUNCT
fbem-16438	68	1	then	then	ADV
fbem-16438	68	2	mld	mld	PROPN
fbem-16438	68	3	is	be	AUX
fbem-16438	68	4	assigned	assign	VERB
fbem-16438	68	5	a	a	DET
fbem-16438	68	6	value	value	NOUN
fbem-16438	68	7	of	of	ADP
fbem-16438	68	8	1	1	NUM
fbem-16438	68	9	,	,	PUNCT
fbem-16438	68	10	otherwise	otherwise	ADV
fbem-16438	68	11	0	0	NUM
fbem-16438	68	12	,	,	PUNCT
fbem-16438	68	13	and	and	CCONJ
fbem-16438	68	14	the	the	DET
fbem-16438	68	15	following	follow	VERB
fbem-16438	68	16	model	model	NOUN
fbem-16438	68	17	is	be	AUX
fbem-16438	68	18	constructed	construct	VERB
fbem-16438	68	19	:	:	PUNCT
fbem-16438	68	20	titicontrolscbachange	titicontrolscbachange	VERB
fbem-16438	68	21	financing	financing	NOUN
fbem-16438	68	22	,	,	PUNCT
fbem-16438	68	23	,	,	PUNCT
fbem-16438	68	24	111	111	NUM
fbem-16438	68	25			NOUN
fbem-16438	68	26	(	(	PUNCT
fbem-16438	68	27	1	1	NUM
fbem-16438	68	28	)	)	PUNCT
fbem-16438	68	29	43	43	NUM
fbem-16438	68	30	where	where	SCONJ
fbem-16438	68	31	financing	financing	NOUN
fbem-16438	68	32	change	change	NOUN
fbem-16438	68	33	includes	include	VERB
fbem-16438	68	34	equity	equity	NOUN
fbem-16438	68	35	financing	financing	NOUN
fbem-16438	68	36	,	,	PUNCT
fbem-16438	68	37	bond	bond	NOUN
fbem-16438	68	38	financing	financing	NOUN
fbem-16438	68	39	,	,	PUNCT
fbem-16438	68	40	bank	bank	NOUN
fbem-16438	68	41	borrowing	borrowing	NOUN
fbem-16438	68	42	size	size	NOUN
fbem-16438	68	43	,	,	PUNCT
fbem-16438	68	44	and	and	CCONJ
fbem-16438	68	45	bank	bank	NOUN
fbem-16438	68	46	borrowing	borrowing	NOUN
fbem-16438	68	47	duration	duration	NOUN
fbem-16438	68	48	.	.	PUNCT
fbem-16438	69	1	meanwhile	meanwhile	ADV
fbem-16438	69	2	,	,	PUNCT
fbem-16438	69	3	with	with	ADP
fbem-16438	69	4	reference	reference	NOUN
fbem-16438	69	5	to	to	ADP
fbem-16438	69	6	the	the	DET
fbem-16438	69	7	existing	exist	VERB
fbem-16438	69	8	related	related	ADJ
fbem-16438	69	9	studies	study	NOUN
fbem-16438	69	10	(	(	PUNCT
fbem-16438	69	11	luo	luo	PROPN
fbem-16438	69	12	jinhui	jinhui	PROPN
fbem-16438	69	13	et	et	PROPN
fbem-16438	69	14	al	al	PROPN
fbem-16438	69	15	.	.	PROPN
fbem-16438	69	16	2012	2012	NUM
fbem-16438	69	17	,	,	PUNCT
fbem-16438	69	18	rao	rao	NOUN
fbem-16438	69	19	yulei	yulei	NOUN
fbem-16438	69	20	et	et	PROPN
fbem-16438	69	21	al	al	PROPN
fbem-16438	69	22	.	.	PROPN
fbem-16438	69	23	2016	2016	NUM
fbem-16438	69	24	,	,	PUNCT
fbem-16438	69	25	alberta	alberta	PROPN
fbem-16438	69	26	et	et	PROPN
fbem-16438	69	27	al	al	PROPN
fbem-16438	69	28	.	.	PROPN
fbem-16438	69	29	2021	2021	NUM
fbem-16438	69	30	)	)	PUNCT
fbem-16438	69	31	,	,	PUNCT
fbem-16438	69	32	we	we	PRON
fbem-16438	69	33	control	control	VERB
fbem-16438	69	34	for	for	ADP
fbem-16438	69	35	other	other	ADJ
fbem-16438	69	36	factors	factor	NOUN
fbem-16438	69	37	of	of	ADP
fbem-16438	69	38	firm	firm	ADJ
fbem-16438	69	39	characteristics	characteristic	NOUN
fbem-16438	69	40	that	that	PRON
fbem-16438	69	41	may	may	AUX
fbem-16438	69	42	have	have	VERB
fbem-16438	69	43	an	an	DET
fbem-16438	69	44	impact	impact	NOUN
fbem-16438	69	45	on	on	ADP
fbem-16438	69	46	media	medium	NOUN
fbem-16438	69	47	coverage	coverage	NOUN
fbem-16438	69	48	,	,	PUNCT
fbem-16438	69	49	including	include	VERB
fbem-16438	69	50	firm	firm	ADJ
fbem-16438	69	51	size	size	NOUN
fbem-16438	69	52	,	,	PUNCT
fbem-16438	69	53	capital	capital	NOUN
fbem-16438	69	54	structure	structure	NOUN
fbem-16438	69	55	,	,	PUNCT
fbem-16438	69	56	and	and	CCONJ
fbem-16438	69	57	gearing	gear	VERB
fbem-16438	69	58	ratio	ratio	NOUN
fbem-16438	69	59	,	,	PUNCT
fbem-16438	69	60	etc	etc	X
fbem-16438	69	61	.	.	X
fbem-16438	69	62	,	,	PUNCT
fbem-16438	69	63	as	as	SCONJ
fbem-16438	69	64	detailed	detailed	ADJ
fbem-16438	69	65	in	in	ADP
fbem-16438	69	66	table	table	NOUN
fbem-16438	69	67	1	1	NUM
fbem-16438	69	68	.	.	PUNCT
fbem-16438	69	69	table	table	NOUN
fbem-16438	69	70	1	1	NUM
fbem-16438	69	71	.	.	PUNCT
fbem-16438	69	72	core	core	NOUN
fbem-16438	69	73	variables	variable	NOUN
fbem-16438	69	74	as	as	ADV
fbem-16438	69	75	well	well	ADV
fbem-16438	69	76	as	as	ADP
fbem-16438	69	77	control	control	NOUN
fbem-16438	69	78	variable	variable	ADJ
fbem-16438	69	79	definitions	definition	NOUN
fbem-16438	69	80	variable	variable	ADJ
fbem-16438	69	81	type	type	NOUN
fbem-16438	69	82	variable	variable	ADJ
fbem-16438	69	83	symbol	symbol	NOUN
fbem-16438	69	84	variable	variable	ADJ
fbem-16438	69	85	name	name	NOUN
fbem-16438	69	86	variable	variable	ADJ
fbem-16438	69	87	measurement	measurement	NOUN
fbem-16438	69	88	modalities	modality	NOUN
fbem-16438	69	89	implicit	implicit	ADJ
fbem-16438	69	90	variable	variable	NOUN
fbem-16438	69	91	te	te	ADP
fbem-16438	69	92	total	total	ADJ
fbem-16438	69	93	equity	equity	NOUN
fbem-16438	69	94	number	number	NOUN
fbem-16438	69	95	of	of	ADP
fbem-16438	69	96	equity	equity	NOUN
fbem-16438	69	97	shares	share	NOUN
fbem-16438	69	98	in	in	ADP
fbem-16438	69	99	the	the	DET
fbem-16438	69	100	balance	balance	NOUN
fbem-16438	69	101	sheet	sheet	NOUN
fbem-16438	69	102	bf	bf	NOUN
fbem-16438	69	103	bond	bond	NOUN
fbem-16438	69	104	financing	financing	NOUN
fbem-16438	69	105	amount	amount	NOUN
fbem-16438	69	106	of	of	ADP
fbem-16438	69	107	bonds	bond	NOUN
fbem-16438	69	108	payable	payable	ADJ
fbem-16438	69	109	in	in	ADP
fbem-16438	69	110	the	the	DET
fbem-16438	69	111	balance	balance	NOUN
fbem-16438	69	112	sheet	sheet	NOUN
fbem-16438	69	113	loan	loan	NOUN
fbem-16438	69	114	size	size	NOUN
fbem-16438	69	115	of	of	ADP
fbem-16438	69	116	bank	bank	NOUN
fbem-16438	69	117	borrowings	borrowing	NOUN
fbem-16438	69	118	total	total	ADJ
fbem-16438	69	119	bank	bank	NOUN
fbem-16438	69	120	borrowings	borrowing	NOUN
fbem-16438	69	121	,	,	PUNCT
fbem-16438	69	122	including	include	VERB
fbem-16438	69	123	short	short	ADJ
fbem-16438	69	124	-	-	PUNCT
fbem-16438	69	125	term	term	NOUN
fbem-16438	69	126	plus	plus	CCONJ
fbem-16438	69	127	long	long	ADJ
fbem-16438	69	128	-	-	PUNCT
fbem-16438	69	129	term	term	NOUN
fbem-16438	69	130	plus	plus	CCONJ
fbem-16438	69	131	non	non	ADJ
fbem-16438	69	132	-	-	ADJ
fbem-16438	69	133	current	current	ADJ
fbem-16438	69	134	liabilities	liability	NOUN
fbem-16438	69	135	due	due	ADJ
fbem-16438	69	136	within	within	ADP
fbem-16438	69	137	one	one	NUM
fbem-16438	69	138	year	year	NOUN
fbem-16438	69	139	as	as	ADP
fbem-16438	69	140	a	a	DET
fbem-16438	69	141	percentage	percentage	NOUN
fbem-16438	69	142	of	of	ADP
fbem-16438	69	143	total	total	ADJ
fbem-16438	69	144	liabilities	liability	NOUN
fbem-16438	69	145	matu	matu	ADJ
fbem-16438	69	146	term	term	NOUN
fbem-16438	69	147	of	of	ADP
fbem-16438	69	148	bank	bank	NOUN
fbem-16438	69	149	borrowing	borrow	VERB
fbem-16438	69	150	long	long	ADJ
fbem-16438	69	151	-	-	PUNCT
fbem-16438	69	152	term	term	NOUN
fbem-16438	69	153	borrowings	borrowing	NOUN
fbem-16438	69	154	as	as	ADP
fbem-16438	69	155	a	a	DET
fbem-16438	69	156	percentage	percentage	NOUN
fbem-16438	69	157	of	of	ADP
fbem-16438	69	158	total	total	ADJ
fbem-16438	69	159	bank	bank	NOUN
fbem-16438	69	160	borrowings	borrowing	NOUN
fbem-16438	69	161	lbf	lbf	PROPN
fbem-16438	69	162	logarithm	logarithm	NOUN
fbem-16438	69	163	of	of	ADP
fbem-16438	69	164	bond	bond	NOUN
fbem-16438	69	165	financing	financing	NOUN
fbem-16438	69	166	logarithm	logarithm	NOUN
fbem-16438	69	167	of	of	ADP
fbem-16438	69	168	bonds	bond	NOUN
fbem-16438	69	169	payable	payable	ADJ
fbem-16438	69	170	bank	bank	NOUN
fbem-16438	69	171	loan	loan	NOUN
fbem-16438	69	172	financing	financing	NOUN
fbem-16438	69	173	long	long	ADJ
fbem-16438	69	174	-	-	PUNCT
fbem-16438	69	175	term	term	NOUN
fbem-16438	69	176	plus	plus	CCONJ
fbem-16438	69	177	short	short	ADJ
fbem-16438	69	178	-	-	PUNCT
fbem-16438	69	179	term	term	NOUN
fbem-16438	69	180	loans	loan	NOUN
fbem-16438	69	181	divided	divide	VERB
fbem-16438	69	182	by	by	ADP
fbem-16438	69	183	total	total	ADJ
fbem-16438	69	184	assets	asset	NOUN
fbem-16438	69	185	of	of	ADP
fbem-16438	69	186	the	the	DET
fbem-16438	69	187	enterprise	enterprise	NOUN
fbem-16438	69	188	at	at	ADP
fbem-16438	69	189	the	the	DET
fbem-16438	69	190	end	end	NOUN
fbem-16438	69	191	of	of	ADP
fbem-16438	69	192	the	the	DET
fbem-16438	69	193	period	period	NOUN
fbem-16438	69	194	independent	independent	ADJ
fbem-16438	69	195	variable	variable	ADJ
fbem-16438	69	196	mld	mld	PROPN
fbem-16438	69	197	media	medium	NOUN
fbem-16438	69	198	related	relate	VERB
fbem-16438	69	199	directors	director	NOUN
fbem-16438	69	200	variables	variable	NOUN
fbem-16438	69	201	for	for	ADP
fbem-16438	69	202	board	board	NOUN
fbem-16438	69	203	members	member	NOUN
fbem-16438	69	204	of	of	ADP
fbem-16438	69	205	listed	list	VERB
fbem-16438	69	206	companies	company	NOUN
fbem-16438	69	207	who	who	PRON
fbem-16438	69	208	are	be	AUX
fbem-16438	69	209	also	also	ADV
fbem-16438	69	210	media	medium	NOUN
fbem-16438	69	211	directors	director	NOUN
fbem-16438	69	212	board	board	NOUN
fbem-16438	69	213	members	member	NOUN
fbem-16438	69	214	djg	djg	PROPN
fbem-16438	69	215	directors	director	NOUN
fbem-16438	69	216	and	and	CCONJ
fbem-16438	69	217	supervisors	supervisor	NOUN
fbem-16438	69	218	media	medium	NOUN
fbem-16438	69	219	directors	director	NOUN
fbem-16438	69	220	a	a	DET
fbem-16438	69	221	member	member	NOUN
fbem-16438	69	222	of	of	ADP
fbem-16438	69	223	the	the	DET
fbem-16438	69	224	board	board	NOUN
fbem-16438	69	225	of	of	ADP
fbem-16438	69	226	directors	director	NOUN
fbem-16438	69	227	and	and	CCONJ
fbem-16438	69	228	supervisors	supervisor	NOUN
fbem-16438	69	229	of	of	ADP
fbem-16438	69	230	a	a	DET
fbem-16438	69	231	listed	list	VERB
fbem-16438	69	232	company	company	NOUN
fbem-16438	69	233	who	who	PRON
fbem-16438	69	234	is	be	AUX
fbem-16438	69	235	also	also	ADV
fbem-16438	69	236	a	a	DET
fbem-16438	69	237	member	member	NOUN
fbem-16438	69	238	of	of	ADP
fbem-16438	69	239	the	the	DET
fbem-16438	69	240	board	board	NOUN
fbem-16438	69	241	of	of	ADP
fbem-16438	69	242	directors	director	NOUN
fbem-16438	69	243	and	and	CCONJ
fbem-16438	69	244	supervisors	supervisor	NOUN
fbem-16438	69	245	of	of	ADP
fbem-16438	69	246	a	a	DET
fbem-16438	69	247	media	medium	NOUN
fbem-16438	69	248	company	company	NOUN
fbem-16438	69	249	media	medium	NOUN
fbem-16438	69	250	variable	variable	PROPN
fbem-16438	69	251	mc	mc	PROPN
fbem-16438	69	252	total	total	PROPN
fbem-16438	69	253	press	press	NOUN
fbem-16438	69	254	coverage	coverage	NOUN
fbem-16438	69	255	total	total	ADJ
fbem-16438	69	256	number	number	NOUN
fbem-16438	69	257	of	of	ADP
fbem-16438	69	258	annual	annual	ADJ
fbem-16438	69	259	news	news	NOUN
fbem-16438	69	260	items	item	NOUN
fbem-16438	69	261	counted	count	VERB
fbem-16438	69	262	in	in	ADP
fbem-16438	69	263	the	the	DET
fbem-16438	69	264	china	china	PROPN
fbem-16438	69	265	research	research	PROPN
fbem-16438	69	266	data	data	PROPN
fbem-16438	69	267	platform	platform	NOUN
fbem-16438	69	268	pct	pct	NOUN
fbem-16438	69	269	positive	positive	ADJ
fbem-16438	69	270	reporting	reporting	NOUN
fbem-16438	69	271	tendencies	tendency	NOUN
fbem-16438	69	272	share	share	VERB
fbem-16438	69	273	of	of	ADP
fbem-16438	69	274	positive	positive	ADJ
fbem-16438	69	275	news	news	NOUN
fbem-16438	69	276	story	story	NOUN
fbem-16438	69	277	books	book	NOUN
fbem-16438	69	278	in	in	ADP
fbem-16438	69	279	the	the	DET
fbem-16438	69	280	total	total	ADJ
fbem-16438	69	281	number	number	NOUN
fbem-16438	69	282	of	of	ADP
fbem-16438	69	283	research	research	NOUN
fbem-16438	69	284	data	data	NOUN
fbem-16438	69	285	platforms	platform	NOUN
fbem-16438	69	286	in	in	ADP
fbem-16438	69	287	china	china	PROPN
fbem-16438	69	288	control	control	PROPN
fbem-16438	69	289	variable	variable	ADJ
fbem-16438	69	290	size	size	NOUN
fbem-16438	69	291	company	company	NOUN
fbem-16438	69	292	size	size	VERB
fbem-16438	69	293	natural	natural	ADJ
fbem-16438	69	294	logarithm	logarithm	NOUN
fbem-16438	69	295	of	of	ADP
fbem-16438	69	296	total	total	ADJ
fbem-16438	69	297	assets	asset	NOUN
fbem-16438	69	298	top1	top1	PROPN
fbem-16438	69	299	largest	large	ADJ
fbem-16438	69	300	shareholder	shareholder	NOUN
fbem-16438	69	301	shareholding	shareholding	NOUN
fbem-16438	69	302	ratio	ratio	NOUN
fbem-16438	69	303	of	of	ADP
fbem-16438	69	304	the	the	DET
fbem-16438	69	305	largest	large	ADJ
fbem-16438	69	306	shareholder	shareholder	NOUN
fbem-16438	69	307	roa	roa	PROPN
fbem-16438	69	308	return	return	NOUN
fbem-16438	69	309	on	on	ADP
fbem-16438	69	310	assets	asset	NOUN
fbem-16438	69	311	ratio	ratio	NOUN
fbem-16438	69	312	of	of	ADP
fbem-16438	69	313	net	net	ADJ
fbem-16438	69	314	assets	asset	NOUN
fbem-16438	69	315	to	to	PART
fbem-16438	69	316	total	total	ADJ
fbem-16438	69	317	assets	asset	NOUN
fbem-16438	69	318	leverage	leverage	NOUN
fbem-16438	69	319	leverage	leverage	NOUN
fbem-16438	69	320	total	total	ADJ
fbem-16438	69	321	debt	debt	NOUN
fbem-16438	69	322	divided	divide	VERB
fbem-16438	69	323	by	by	ADP
fbem-16438	69	324	total	total	ADJ
fbem-16438	69	325	assets	asset	NOUN
fbem-16438	69	326	soe	soe	PROPN
fbem-16438	69	327	state	state	NOUN
fbem-16438	69	328	-	-	PUNCT
fbem-16438	69	329	owned	own	VERB
fbem-16438	69	330	or	or	CCONJ
fbem-16438	69	331	not	not	PART
fbem-16438	69	332	state	state	NOUN
fbem-16438	69	333	-	-	PUNCT
fbem-16438	69	334	owned	own	VERB
fbem-16438	69	335	enterprises	enterprise	NOUN
fbem-16438	69	336	take	take	VERB
fbem-16438	69	337	the	the	DET
fbem-16438	69	338	value	value	NOUN
fbem-16438	69	339	of	of	ADP
fbem-16438	69	340	1	1	NUM
fbem-16438	69	341	,	,	PUNCT
fbem-16438	69	342	non	non	ADJ
fbem-16438	69	343	-	-	ADJ
fbem-16438	69	344	state	state	NOUN
fbem-16438	69	345	-	-	PUNCT
fbem-16438	69	346	owned	own	VERB
fbem-16438	69	347	enterprises	enterprise	NOUN
fbem-16438	69	348	take	take	VERB
fbem-16438	69	349	the	the	DET
fbem-16438	69	350	value	value	NOUN
fbem-16438	69	351	of	of	ADP
fbem-16438	69	352	0	0	NUM
fbem-16438	69	353	age	age	NOUN
fbem-16438	69	354	company	company	NOUN
fbem-16438	69	355	age	age	NOUN
fbem-16438	69	356	natural	natural	ADJ
fbem-16438	69	357	logarithm	logarithm	NOUN
fbem-16438	69	358	of	of	ADP
fbem-16438	69	359	the	the	DET
fbem-16438	69	360	number	number	NOUN
fbem-16438	69	361	of	of	ADP
fbem-16438	69	362	years	year	NOUN
fbem-16438	69	363	since	since	SCONJ
fbem-16438	69	364	the	the	DET
fbem-16438	69	365	company	company	NOUN
fbem-16438	69	366	went	go	VERB
fbem-16438	69	367	public	public	ADJ
fbem-16438	69	368	aar	aar	NOUN
fbem-16438	69	369	advertising	advertising	NOUN
fbem-16438	69	370	to	to	ADP
fbem-16438	69	371	assets	asset	NOUN
fbem-16438	69	372	ratio	ratio	NOUN
fbem-16438	69	373	total	total	ADJ
fbem-16438	69	374	advertising	advertising	NOUN
fbem-16438	69	375	expenditures	expenditure	NOUN
fbem-16438	69	376	divided	divide	VERB
fbem-16438	69	377	by	by	ADP
fbem-16438	69	378	total	total	ADJ
fbem-16438	69	379	assets	asset	NOUN
fbem-16438	69	380	gar	gar	NOUN
fbem-16438	69	381	dividend	dividend	NOUN
fbem-16438	69	382	-	-	PUNCT
fbem-16438	69	383	to	to	ADP
fbem-16438	69	384	-	-	PUNCT
fbem-16438	69	385	asset	asset	NOUN
fbem-16438	70	1	ratio	ratio	NOUN
fbem-16438	70	2	total	total	ADJ
fbem-16438	70	3	dividends	dividend	NOUN
fbem-16438	70	4	divided	divide	VERB
fbem-16438	70	5	by	by	ADP
fbem-16438	70	6	total	total	ADJ
fbem-16438	70	7	assets	asset	NOUN
fbem-16438	70	8	lnb	lnb	PROPN
fbem-16438	70	9	logarithm	logarithm	NOUN
fbem-16438	70	10	of	of	ADP
fbem-16438	70	11	bank	bank	NOUN
fbem-16438	70	12	loans	loan	NOUN
fbem-16438	70	13	natural	natural	ADJ
fbem-16438	70	14	logarithm	logarithm	NOUN
fbem-16438	70	15	of	of	ADP
fbem-16438	70	16	total	total	ADJ
fbem-16438	70	17	bank	bank	NOUN
fbem-16438	70	18	debt	debt	NOUN
fbem-16438	70	19	lnfb	lnfb	VERB
fbem-16438	70	20	logarithm	logarithm	NOUN
fbem-16438	70	21	of	of	ADP
fbem-16438	70	22	non	non	ADJ
fbem-16438	70	23	-	-	ADJ
fbem-16438	70	24	bank	bank	ADJ
fbem-16438	70	25	debt	debt	NOUN
fbem-16438	70	26	natural	natural	ADJ
fbem-16438	70	27	logarithm	logarithm	NOUN
fbem-16438	70	28	of	of	ADP
fbem-16438	70	29	non	non	ADJ
fbem-16438	70	30	-	-	ADJ
fbem-16438	70	31	bank	bank	ADJ
fbem-16438	70	32	debt	debt	NOUN
fbem-16438	70	33	mar	mar	PROPN
fbem-16438	70	34	market	market	NOUN
fbem-16438	70	35	to	to	ADP
fbem-16438	70	36	book	book	NOUN
fbem-16438	70	37	ratio	ratio	NOUN
fbem-16438	70	38	the	the	DET
fbem-16438	70	39	ratio	ratio	NOUN
fbem-16438	70	40	of	of	ADP
fbem-16438	70	41	the	the	DET
fbem-16438	70	42	market	market	NOUN
fbem-16438	70	43	value	value	NOUN
fbem-16438	70	44	of	of	ADP
fbem-16438	70	45	a	a	DET
fbem-16438	70	46	company	company	NOUN
fbem-16438	70	47	's	's	PART
fbem-16438	70	48	stock	stock	NOUN
fbem-16438	70	49	to	to	ADP
fbem-16438	70	50	the	the	DET
fbem-16438	70	51	book	book	NOUN
fbem-16438	70	52	value	value	NOUN
fbem-16438	70	53	of	of	ADP
fbem-16438	70	54	the	the	DET
fbem-16438	70	55	stock	stock	NOUN
fbem-16438	70	56	analyst	analyst	NOUN
fbem-16438	70	57	number	number	NOUN
fbem-16438	70	58	of	of	ADP
fbem-16438	70	59	analysts	analyst	NOUN
fbem-16438	70	60	tracked	track	VERB
fbem-16438	70	61	ln	ln	ADJ
fbem-16438	70	62	(	(	PUNCT
fbem-16438	70	63	number	number	NOUN
fbem-16438	70	64	of	of	ADP
fbem-16438	70	65	analysts	analyst	NOUN
fbem-16438	70	66	or	or	CCONJ
fbem-16438	70	67	teams	team	NOUN
fbem-16438	70	68	tracking	track	VERB
fbem-16438	70	69	the	the	DET
fbem-16438	70	70	company	company	NOUN
fbem-16438	70	71	+	+	CCONJ
fbem-16438	70	72	1	1	X
fbem-16438	70	73	)	)	PUNCT
fbem-16438	70	74	path	path	NOUN
fbem-16438	70	75	analysis	analysis	NOUN
fbem-16438	70	76	of	of	ADP
fbem-16438	70	77	the	the	DET
fbem-16438	70	78	impact	impact	NOUN
fbem-16438	70	79	of	of	ADP
fbem-16438	70	80	media	medium	NOUN
fbem-16438	70	81	-	-	PUNCT
fbem-16438	70	82	affiliated	affiliate	VERB
fbem-16438	70	83	directors	director	NOUN
fbem-16438	70	84	on	on	ADP
fbem-16438	70	85	financing	financing	NOUN
fbem-16438	70	86	.	.	PUNCT
fbem-16438	71	1	in	in	ADP
fbem-16438	71	2	this	this	DET
fbem-16438	71	3	paper	paper	NOUN
fbem-16438	71	4	,	,	PUNCT
fbem-16438	71	5	in	in	ADP
fbem-16438	71	6	order	order	NOUN
fbem-16438	71	7	to	to	PART
fbem-16438	71	8	test	test	VERB
fbem-16438	71	9	that	that	SCONJ
fbem-16438	71	10	media	media	NOUN
fbem-16438	71	11	-	-	PUNCT
fbem-16438	71	12	affiliated	affiliate	VERB
fbem-16438	71	13	directors	director	NOUN
fbem-16438	71	14	are	be	AUX
fbem-16438	71	15	influencing	influence	VERB
fbem-16438	71	16	financing	finance	VERB
fbem-16438	71	17	through	through	ADP
fbem-16438	71	18	media	medium	NOUN
fbem-16438	71	19	coverage	coverage	NOUN
fbem-16438	71	20	,	,	PUNCT
fbem-16438	71	21	the	the	DET
fbem-16438	71	22	conclusion	conclusion	NOUN
fbem-16438	71	23	is	be	AUX
fbem-16438	71	24	proved	prove	VERB
fbem-16438	71	25	correct	correct	ADJ
fbem-16438	71	26	in	in	ADP
fbem-16438	71	27	two	two	NUM
fbem-16438	71	28	steps	step	NOUN
fbem-16438	71	29	,	,	PUNCT
fbem-16438	71	30	firstly	firstly	ADV
fbem-16438	71	31	,	,	PUNCT
fbem-16438	71	32	it	it	PRON
fbem-16438	71	33	is	be	AUX
fbem-16438	71	34	proved	prove	VERB
fbem-16438	71	35	that	that	SCONJ
fbem-16438	71	36	media	media	NOUN
fbem-16438	71	37	-	-	PUNCT
fbem-16438	71	38	affiliated	affiliate	VERB
fbem-16438	71	39	boards	board	NOUN
fbem-16438	71	40	of	of	ADP
fbem-16438	71	41	directors	director	NOUN
fbem-16438	71	42	have	have	VERB
fbem-16438	71	43	an	an	DET
fbem-16438	71	44	impact	impact	NOUN
fbem-16438	71	45	on	on	ADP
fbem-16438	71	46	media	medium	NOUN
fbem-16438	71	47	coverage	coverage	NOUN
fbem-16438	71	48	,	,	PUNCT
fbem-16438	71	49	and	and	CCONJ
fbem-16438	71	50	then	then	ADV
fbem-16438	71	51	it	it	PRON
fbem-16438	71	52	is	be	AUX
fbem-16438	71	53	proved	prove	VERB
fbem-16438	71	54	that	that	SCONJ
fbem-16438	71	55	media	medium	NOUN
fbem-16438	71	56	coverage	coverage	NOUN
fbem-16438	71	57	will	will	AUX
fbem-16438	71	58	have	have	VERB
fbem-16438	71	59	a	a	DET
fbem-16438	71	60	profound	profound	ADJ
fbem-16438	71	61	impact	impact	NOUN
fbem-16438	71	62	on	on	ADP
fbem-16438	71	63	financing	financing	NOUN
fbem-16438	71	64	.	.	PUNCT
fbem-16438	72	1	the	the	DET
fbem-16438	72	2	equation	equation	NOUN
fbem-16438	72	3	model	model	NOUN
fbem-16438	72	4	is	be	AUX
fbem-16438	72	5	constructed	construct	VERB
fbem-16438	72	6	as	as	SCONJ
fbem-16438	72	7	follows	follow	VERB
fbem-16438	72	8	:	:	PUNCT
fbem-16438	72	9	news	news	NOUN
fbem-16438	72	10	outcom	outcom	PROPN
fbem-16438	72	11	a	a	DET
fbem-16438	72	12	b	b	PROPN
fbem-16438	72	13	mld	mld	PROPN
fbem-16438	72	14	c	c	PROPN
fbem-16438	72	15	control	control	NOUN
fbem-16438	72	16	variables	variable	VERB
fbem-16438	72	17	fixed	fix	VERB
fbem-16438	72	18	effects	effect	NOUN
fbem-16438	72	19	ϵ	ϵ	ADP
fbem-16438	72	20	financing	financing	NOUN
fbem-16438	72	21	change	change	NOUN
fbem-16438	72	22	a	a	DET
fbem-16438	72	23	b	b	NOUN
fbem-16438	72	24	news	news	NOUN
fbem-16438	72	25	outcome	outcome	NOUN
fbem-16438	72	26	c	c	NOUN
fbem-16438	72	27	control	control	PROPN
fbem-16438	72	28	variables	variable	VERB
fbem-16438	72	29	fixed	fix	VERB
fbem-16438	72	30	effects	effect	NOUN
fbem-16438	72	31	ϵ	ϵ	X
fbem-16438	72	32	(	(	PUNCT
fbem-16438	72	33	2	2	NUM
fbem-16438	72	34	)	)	PUNCT
fbem-16438	72	35	in	in	ADP
fbem-16438	72	36	the	the	DET
fbem-16438	72	37	first	first	ADJ
fbem-16438	72	38	step	step	NOUN
fbem-16438	72	39	of	of	ADP
fbem-16438	72	40	the	the	DET
fbem-16438	72	41	regression	regression	NOUN
fbem-16438	72	42	,	,	PUNCT
fbem-16438	72	43	media	media	NOUN
fbem-16438	72	44	-	-	PUNCT
fbem-16438	72	45	linked	link	VERB
fbem-16438	72	46	directors	director	NOUN
fbem-16438	72	47	(	(	PUNCT
fbem-16438	72	48	mlds	mld	NOUN
fbem-16438	72	49	)	)	PUNCT
fbem-16438	72	50	have	have	VERB
fbem-16438	72	51	a	a	DET
fbem-16438	72	52	significant	significant	ADJ
fbem-16438	72	53	effect	effect	NOUN
fbem-16438	72	54	on	on	ADP
fbem-16438	72	55	both	both	CCONJ
fbem-16438	72	56	the	the	DET
fbem-16438	72	57	number	number	NOUN
fbem-16438	72	58	of	of	ADP
fbem-16438	72	59	yes	yes	PRON
fbem-16438	72	60	media	medium	NOUN
fbem-16438	72	61	stories	story	NOUN
fbem-16438	72	62	and	and	CCONJ
fbem-16438	72	63	the	the	DET
fbem-16438	72	64	propensity	propensity	NOUN
fbem-16438	72	65	to	to	PART
fbem-16438	72	66	report	report	VERB
fbem-16438	72	67	positively	positively	ADV
fbem-16438	72	68	in	in	ADP
fbem-16438	72	69	media	medium	NOUN
fbem-16438	72	70	coverage	coverage	NOUN
fbem-16438	72	71	.	.	PUNCT
fbem-16438	73	1	in	in	ADP
fbem-16438	73	2	the	the	DET
fbem-16438	73	3	second	second	ADJ
fbem-16438	73	4	step	step	NOUN
fbem-16438	73	5	of	of	ADP
fbem-16438	73	6	the	the	DET
fbem-16438	73	7	regression	regression	NOUN
fbem-16438	73	8	,	,	PUNCT
fbem-16438	73	9	media	medium	NOUN
fbem-16438	73	10	coverage	coverage	NOUN
fbem-16438	73	11	has	have	VERB
fbem-16438	73	12	a	a	DET
fbem-16438	73	13	significant	significant	ADJ
fbem-16438	73	14	impact	impact	NOUN
fbem-16438	73	15	on	on	ADP
fbem-16438	73	16	financing	finance	VERB
fbem-16438	73	17	primarily	primarily	ADV
fbem-16438	73	18	through	through	ADP
fbem-16438	73	19	positive	positive	ADJ
fbem-16438	73	20	coverage	coverage	NOUN
fbem-16438	73	21	propensity	propensity	NOUN
fbem-16438	73	22	rather	rather	ADV
fbem-16438	73	23	than	than	ADP
fbem-16438	73	24	the	the	DET
fbem-16438	73	25	amount	amount	NOUN
fbem-16438	73	26	of	of	ADP
fbem-16438	73	27	media	medium	NOUN
fbem-16438	73	28	coverage	coverage	NOUN
fbem-16438	73	29	.	.	PUNCT
fbem-16438	74	1	44	44	NUM
fbem-16438	74	2	table	table	NOUN
fbem-16438	74	3	2	2	NUM
fbem-16438	74	4	.	.	PUNCT
fbem-16438	74	5	model	model	NOUN
fbem-16438	74	6	(	(	PUNCT
fbem-16438	74	7	3	3	X
fbem-16438	74	8	)	)	PUNCT
fbem-16438	74	9	regression	regression	NOUN
fbem-16438	74	10	results	result	VERB
fbem-16438	74	11	variable	variable	ADJ
fbem-16438	74	12	name	name	NOUN
fbem-16438	74	13	(	(	PUNCT
fbem-16438	74	14	1	1	NUM
fbem-16438	74	15	)	)	PUNCT
fbem-16438	74	16	(	(	PUNCT
fbem-16438	74	17	2	2	NUM
fbem-16438	74	18	)	)	PUNCT
fbem-16438	74	19	(	(	PUNCT
fbem-16438	74	20	3	3	X
fbem-16438	74	21	)	)	PUNCT
fbem-16438	74	22	(	(	PUNCT
fbem-16438	74	23	4	4	NUM
fbem-16438	74	24	)	)	PUNCT
fbem-16438	74	25	(	(	PUNCT
fbem-16438	74	26	5	5	NUM
fbem-16438	74	27	)	)	PUNCT
fbem-16438	74	28	(	(	PUNCT
fbem-16438	74	29	6	6	X
fbem-16438	74	30	)	)	PUNCT
fbem-16438	74	31	total	total	ADJ
fbem-16438	74	32	equity	equity	NOUN
fbem-16438	74	33	bond	bond	NOUN
fbem-16438	74	34	financing	financing	NOUN
fbem-16438	74	35	loan	loan	NOUN
fbem-16438	74	36	matu	matu	NOUN
fbem-16438	74	37	logarithm	logarithm	NOUN
fbem-16438	74	38	of	of	ADP
fbem-16438	74	39	bond	bond	NOUN
fbem-16438	74	40	financing	financing	NOUN
fbem-16438	74	41	bank	bank	NOUN
fbem-16438	74	42	loan	loan	NOUN
fbem-16438	74	43	financing	financing	NOUN
fbem-16438	74	44	pct	pct	NOUN
fbem-16438	74	45	1.55	1.55	NUM
fbem-16438	74	46	*	*	PUNCT
fbem-16438	74	47	*	*	PUNCT
fbem-16438	74	48	*	*	PUNCT
fbem-16438	75	1	67.11	67.11	NUM
fbem-16438	75	2	*	*	PUNCT
fbem-16438	75	3	*	*	PUNCT
fbem-16438	75	4	*	*	PUNCT
fbem-16438	75	5	-0.22	-0.22	PRON
fbem-16438	75	6	*	*	NOUN
fbem-16438	75	7	*	*	PUNCT
fbem-16438	75	8	*	*	PUNCT
fbem-16438	75	9	-0.009	-0.009	PUNCT
fbem-16438	75	10	*	*	PUNCT
fbem-16438	75	11	*	*	PUNCT
fbem-16438	75	12	*	*	PUNCT
fbem-16438	75	13	0.019	0.019	NUM
fbem-16438	75	14	*	*	PUNCT
fbem-16438	75	15	*	*	PUNCT
fbem-16438	75	16	-0.009	-0.009	PUNCT
fbem-16438	75	17	*	*	PUNCT
fbem-16438	75	18	*	*	PUNCT
fbem-16438	75	19	*	*	PUNCT
fbem-16438	75	20	(	(	PUNCT
fbem-16438	75	21	5.87	5.87	NUM
fbem-16438	75	22	)	)	PUNCT
fbem-16438	75	23	(	(	PUNCT
fbem-16438	75	24	6.52	6.52	NUM
fbem-16438	75	25	)	)	PUNCT
fbem-16438	75	26	(	(	PUNCT
fbem-16438	75	27	-3.65	-3.65	NOUN
fbem-16438	75	28	)	)	PUNCT
fbem-16438	75	29	(	(	PUNCT
fbem-16438	75	30	-3.72	-3.72	NOUN
fbem-16438	75	31	)	)	PUNCT
fbem-16438	75	32	(	(	PUNCT
fbem-16438	75	33	2.01	2.01	NUM
fbem-16438	75	34	)	)	PUNCT
fbem-16438	75	35	(	(	PUNCT
fbem-16438	75	36	-3.20	-3.20	NOUN
fbem-16438	75	37	)	)	PUNCT
fbem-16438	75	38	lev	lev	NOUN
fbem-16438	75	39	0.15	0.15	NUM
fbem-16438	75	40	*	*	PUNCT
fbem-16438	75	41	*	*	PUNCT
fbem-16438	75	42	*	*	PUNCT
fbem-16438	75	43	0.26	0.26	NUM
fbem-16438	75	44	0.010	0.010	NUM
fbem-16438	75	45	0.0007	0.0007	NUM
fbem-16438	75	46	-0.0003	-0.0003	NOUN
fbem-16438	75	47	0.00006	0.00006	NUM
fbem-16438	75	48	(	(	PUNCT
fbem-16438	75	49	3.10	3.10	NUM
fbem-16438	75	50	)	)	PUNCT
fbem-16438	75	51	(	(	PUNCT
fbem-16438	75	52	0.14	0.14	NUM
fbem-16438	75	53	)	)	PUNCT
fbem-16438	75	54	(	(	PUNCT
fbem-16438	75	55	-0.98	-0.98	NUM
fbem-16438	75	56	)	)	PUNCT
fbem-16438	75	57	(	(	PUNCT
fbem-16438	75	58	1.55	1.55	NUM
fbem-16438	75	59	)	)	PUNCT
fbem-16438	75	60	(	(	PUNCT
fbem-16438	75	61	-0.17	-0.17	NOUN
fbem-16438	75	62	)	)	PUNCT
fbem-16438	75	63	(	(	PUNCT
fbem-16438	75	64	0.11	0.11	NUM
fbem-16438	75	65	)	)	PUNCT
fbem-16438	75	66	aar	aar	NOUN
fbem-16438	75	67	1.42	1.42	NUM
fbem-16438	75	68	-257.39	-257.39	NOUN
fbem-16438	75	69	*	*	PUNCT
fbem-16438	75	70	*	*	PUNCT
fbem-16438	75	71	*	*	NOUN
fbem-16438	75	72	-0.63	-0.63	PRON
fbem-16438	75	73	*	*	NOUN
fbem-16438	75	74	*	*	NOUN
fbem-16438	75	75	-0.12	-0.12	NUM
fbem-16438	75	76	*	*	NOUN
fbem-16438	75	77	*	*	PUNCT
fbem-16438	75	78	*	*	PUNCT
fbem-16438	75	79	-0.095	-0.095	PROPN
fbem-16438	75	80	*	*	NOUN
fbem-16438	75	81	0.006	0.006	NUM
fbem-16438	75	82	(	(	PUNCT
fbem-16438	75	83	0.76	0.76	NUM
fbem-16438	75	84	)	)	PUNCT
fbem-16438	75	85	(	(	PUNCT
fbem-16438	75	86	-3.73	-3.73	NUM
fbem-16438	75	87	)	)	PUNCT
fbem-16438	75	88	(	(	PUNCT
fbem-16438	75	89	-2.03	-2.03	NUM
fbem-16438	75	90	)	)	PUNCT
fbem-16438	75	91	(	(	PUNCT
fbem-16438	75	92	-8.53	-8.53	NOUN
fbem-16438	75	93	)	)	PUNCT
fbem-16438	75	94	(	(	PUNCT
fbem-16438	75	95	-1.72	-1.72	NOUN
fbem-16438	75	96	)	)	PUNCT
fbem-16438	75	97	(	(	PUNCT
fbem-16438	75	98	0.37	0.37	NUM
fbem-16438	75	99	)	)	PUNCT
fbem-16438	75	100	gar	gar	NOUN
fbem-16438	75	101	12.16	12.16	NUM
fbem-16438	75	102	*	*	PUNCT
fbem-16438	75	103	*	*	PUNCT
fbem-16438	75	104	*	*	PUNCT
fbem-16438	75	105	82.00	82.00	NUM
fbem-16438	75	106	-3.72	-3.72	NOUN
fbem-16438	75	107	-0.38	-0.38	NOUN
fbem-16438	75	108	*	*	PUNCT
fbem-16438	75	109	*	*	PUNCT
fbem-16438	75	110	*	*	PUNCT
fbem-16438	75	111	-0.14	-0.14	NUM
fbem-16438	75	112	-0.07	-0.07	NOUN
fbem-16438	75	113	*	*	PUNCT
fbem-16438	75	114	(	(	PUNCT
fbem-16438	75	115	3.43	3.43	NUM
fbem-16438	75	116	)	)	PUNCT
fbem-16438	75	117	(	(	PUNCT
fbem-16438	75	118	0.60	0.60	NUM
fbem-16438	75	119	)	)	PUNCT
fbem-16438	75	120	(	(	PUNCT
fbem-16438	75	121	-5.04	-5.04	NOUN
fbem-16438	75	122	)	)	PUNCT
fbem-16438	75	123	(	(	PUNCT
fbem-16438	75	124	-12.12	-12.12	NOUN
fbem-16438	75	125	)	)	PUNCT
fbem-16438	75	126	(	(	PUNCT
fbem-16438	75	127	-1.20	-1.20	NUM
fbem-16438	75	128	)	)	PUNCT
fbem-16438	75	129	(	(	PUNCT
fbem-16438	75	130	-1.82	-1.82	NOUN
fbem-16438	75	131	)	)	PUNCT
fbem-16438	75	132	lnb	lnb	PROPN
fbem-16438	75	133	-0.39	-0.39	PROPN
fbem-16438	75	134	-69.36	-69.36	PROPN
fbem-16438	75	135	*	*	PUNCT
fbem-16438	75	136	*	*	PUNCT
fbem-16438	75	137	*	*	PUNCT
fbem-16438	75	138	-0.214	-0.214	PROPN
fbem-16438	75	139	-0.075	-0.075	PUNCT
fbem-16438	75	140	*	*	PUNCT
fbem-16438	75	141	*	*	PUNCT
fbem-16438	75	142	*	*	PUNCT
fbem-16438	75	143	0.003	0.003	NUM
fbem-16438	75	144	-0.0001	-0.0001	NOUN
fbem-16438	75	145	(	(	PUNCT
fbem-16438	75	146	-3.64	-3.64	NUM
fbem-16438	75	147	)	)	PUNCT
fbem-16438	75	148	(	(	PUNCT
fbem-16438	75	149	-16.54	-16.54	PROPN
fbem-16438	75	150	)	)	PUNCT
fbem-16438	75	151	(	(	PUNCT
fbem-16438	75	152	-9.20	-9.20	NOUN
fbem-16438	75	153	)	)	PUNCT
fbem-16438	75	154	(	(	PUNCT
fbem-16438	75	155	-77.06	-77.06	NOUN
fbem-16438	75	156	)	)	PUNCT
fbem-16438	75	157	(	(	PUNCT
fbem-16438	75	158	0.76	0.76	NUM
fbem-16438	75	159	)	)	PUNCT
fbem-16438	75	160	(	(	PUNCT
fbem-16438	75	161	-0.12	-0.12	NOUN
fbem-16438	75	162	)	)	PUNCT
fbem-16438	75	163	lnfb	lnfb	VERB
fbem-16438	75	164	0.19	0.19	NUM
fbem-16438	75	165	169.37	169.37	NUM
fbem-16438	75	166	*	*	PUNCT
fbem-16438	75	167	*	*	PUNCT
fbem-16438	75	168	*	*	PUNCT
fbem-16438	75	169	0.29	0.29	NUM
fbem-16438	75	170	*	*	PUNCT
fbem-16438	75	171	*	*	PUNCT
fbem-16438	75	172	*	*	PUNCT
fbem-16438	75	173	0.057	0.057	NUM
fbem-16438	75	174	*	*	PUNCT
fbem-16438	75	175	*	*	PUNCT
fbem-16438	75	176	*	*	PUNCT
fbem-16438	75	177	0.029	0.029	NUM
fbem-16438	75	178	*	*	PUNCT
fbem-16438	75	179	*	*	PUNCT
fbem-16438	75	180	*	*	PUNCT
fbem-16438	75	181	0.005	0.005	NUM
fbem-16438	75	182	*	*	PUNCT
fbem-16438	75	183	*	*	PUNCT
fbem-16438	75	184	*	*	PUNCT
fbem-16438	75	185	(	(	PUNCT
fbem-16438	75	186	1.43	1.43	NUM
fbem-16438	75	187	)	)	PUNCT
fbem-16438	75	188	(	(	PUNCT
fbem-16438	75	189	40.51	40.51	NUM
fbem-16438	75	190	)	)	PUNCT
fbem-16438	75	191	(	(	PUNCT
fbem-16438	75	192	13.64	13.64	NUM
fbem-16438	75	193	)	)	PUNCT
fbem-16438	75	194	(	(	PUNCT
fbem-16438	75	195	47.87	47.87	NUM
fbem-16438	75	196	)	)	PUNCT
fbem-16438	75	197	(	(	PUNCT
fbem-16438	75	198	8.37	8.37	NUM
fbem-16438	75	199	)	)	PUNCT
fbem-16438	75	200	(	(	PUNCT
fbem-16438	75	201	3.57	3.57	NUM
fbem-16438	75	202	)	)	PUNCT
fbem-16438	75	203	mar	mar	PROPN
fbem-16438	75	204	0.000	0.000	NUM
fbem-16438	75	205	*	*	SYM
fbem-16438	75	206	0.000	0.000	NUM
fbem-16438	75	207	-0.000	-0.000	PUNCT
fbem-16438	75	208	*	*	PUNCT
fbem-16438	75	209	*	*	PUNCT
fbem-16438	75	210	*	*	PUNCT
fbem-16438	75	211	(	(	PUNCT
fbem-16438	75	212	2.58	2.58	NUM
fbem-16438	75	213	)	)	PUNCT
fbem-16438	75	214	(	(	PUNCT
fbem-16438	75	215	-0.54	-0.54	NOUN
fbem-16438	75	216	)	)	PUNCT
fbem-16438	75	217	(	(	PUNCT
fbem-16438	75	218	-1.41	-1.41	NOUN
fbem-16438	75	219	)	)	PUNCT
fbem-16438	75	220	gdr	gdr	NOUN
fbem-16438	75	221	-0.03	-0.03	NOUN
fbem-16438	75	222	*	*	NOUN
fbem-16438	75	223	*	*	PUNCT
fbem-16438	75	224	*	*	PUNCT
fbem-16438	75	225	2.67	2.67	NUM
fbem-16438	75	226	*	*	PUNCT
fbem-16438	75	227	*	*	PUNCT
fbem-16438	75	228	*	*	PUNCT
fbem-16438	75	229	0.00005	0.00005	NUM
fbem-16438	75	230	-0.00006	-0.00006	NOUN
fbem-16438	75	231	-0.0002	-0.0002	NOUN
fbem-16438	75	232	-0.0007	-0.0007	NOUN
fbem-16438	76	1	*	*	PUNCT
fbem-16438	77	1	*	*	PUNCT
fbem-16438	77	2	*	*	PUNCT
fbem-16438	77	3	(	(	PUNCT
fbem-16438	77	4	-4.66	-4.66	NUM
fbem-16438	77	5	)	)	PUNCT
fbem-16438	77	6	(	(	PUNCT
fbem-16438	77	7	-7.00	-7.00	NUM
fbem-16438	77	8	)	)	PUNCT
fbem-16438	77	9	(	(	PUNCT
fbem-16438	77	10	0.05	0.05	NUM
fbem-16438	77	11	)	)	PUNCT
fbem-16438	77	12	(	(	PUNCT
fbem-16438	77	13	-1.25	-1.25	NOUN
fbem-16438	77	14	)	)	PUNCT
fbem-16438	77	15	(	(	PUNCT
fbem-16438	77	16	-1.07	-1.07	NUM
fbem-16438	77	17	)	)	PUNCT
fbem-16438	77	18	(	(	PUNCT
fbem-16438	77	19	-11.95	-11.95	NOUN
fbem-16438	77	20	)	)	PUNCT
fbem-16438	77	21	lna	lna	NOUN
fbem-16438	77	22	5.98	5.98	NUM
fbem-16438	77	23	*	*	PUNCT
fbem-16438	77	24	*	*	PUNCT
fbem-16438	77	25	*	*	PUNCT
fbem-16438	77	26	0.002	0.002	NUM
fbem-16438	77	27	*	*	PUNCT
fbem-16438	77	28	*	*	PUNCT
fbem-16438	77	29	0.003	0.003	NUM
fbem-16438	77	30	*	*	PUNCT
fbem-16438	77	31	*	*	PUNCT
fbem-16438	77	32	*	*	PUNCT
fbem-16438	77	33	(	(	PUNCT
fbem-16438	77	34	59.44	59.44	NUM
fbem-16438	77	35	)	)	PUNCT
fbem-16438	77	36	(	(	PUNCT
fbem-16438	77	37	2.47	2.47	NUM
fbem-16438	77	38	)	)	PUNCT
fbem-16438	77	39	(	(	PUNCT
fbem-16438	77	40	3.22	3.22	NUM
fbem-16438	77	41	)	)	PUNCT
fbem-16438	77	42	roa	roa	NOUN
fbem-16438	77	43	-0.002	-0.002	PUNCT
fbem-16438	77	44	0.00002	0.00002	NUM
fbem-16438	77	45	0.00002	0.00002	NUM
fbem-16438	77	46	(	(	PUNCT
fbem-16438	77	47	-0.92	-0.92	ADJ
fbem-16438	77	48	)	)	PUNCT
fbem-16438	77	49	(	(	PUNCT
fbem-16438	77	50	0.64	0.64	NUM
fbem-16438	77	51	)	)	PUNCT
fbem-16438	77	52	(	(	PUNCT
fbem-16438	77	53	0.61	0.61	NUM
fbem-16438	77	54	)	)	PUNCT
fbem-16438	77	55	4	4	NUM
fbem-16438	77	56	.	.	PUNCT
fbem-16438	77	57	empirical	empirical	ADJ
fbem-16438	77	58	testing	testing	NOUN
fbem-16438	77	59	and	and	CCONJ
fbem-16438	77	60	analysis	analysis	NOUN
fbem-16438	77	61	of	of	ADP
fbem-16438	77	62	results	result	NOUN
fbem-16438	77	63	(	(	PUNCT
fbem-16438	77	64	1	1	X
fbem-16438	77	65	)	)	PUNCT
fbem-16438	77	66	descriptive	descriptive	ADJ
fbem-16438	77	67	statistics	statistic	NOUN
fbem-16438	77	68	of	of	ADP
fbem-16438	77	69	the	the	DET
fbem-16438	77	70	main	main	ADJ
fbem-16438	77	71	variables	variable	NOUN
fbem-16438	77	72	i.	i.	NOUN
fbem-16438	77	73	sample	sample	PROPN
fbem-16438	77	74	distribution	distribution	NOUN
fbem-16438	77	75	the	the	DET
fbem-16438	77	76	percentage	percentage	NOUN
fbem-16438	77	77	of	of	ADP
fbem-16438	77	78	media	medium	NOUN
fbem-16438	77	79	-	-	PUNCT
fbem-16438	77	80	affiliated	affiliate	VERB
fbem-16438	77	81	directors	director	NOUN
fbem-16438	77	82	of	of	ADP
fbem-16438	77	83	a	a	DET
fbem-16438	77	84	-	-	PUNCT
fbem-16438	77	85	share	share	NOUN
fbem-16438	77	86	listed	list	VERB
fbem-16438	77	87	companies	company	NOUN
fbem-16438	77	88	in	in	ADP
fbem-16438	77	89	shanghai	shanghai	PROPN
fbem-16438	77	90	and	and	CCONJ
fbem-16438	77	91	shenzhen	shenzhen	PROPN
fbem-16438	77	92	is	be	AUX
fbem-16438	77	93	7.6	7.6	NUM
fbem-16438	77	94	%	%	NOUN
fbem-16438	77	95	,	,	PUNCT
fbem-16438	77	96	indicating	indicate	VERB
fbem-16438	77	97	that	that	SCONJ
fbem-16438	77	98	there	there	PRON
fbem-16438	77	99	are	be	VERB
fbem-16438	77	100	fewer	few	ADJ
fbem-16438	77	101	companies	company	NOUN
fbem-16438	77	102	with	with	ADP
fbem-16438	77	103	mediaaffiliated	mediaaffiliate	VERB
fbem-16438	77	104	directors	director	NOUN
fbem-16438	77	105	in	in	ADP
fbem-16438	77	106	listed	list	VERB
fbem-16438	77	107	companies	company	NOUN
fbem-16438	77	108	in	in	ADP
fbem-16438	77	109	general	general	ADJ
fbem-16438	77	110	.	.	PUNCT
fbem-16438	78	1	however	however	ADV
fbem-16438	78	2	,	,	PUNCT
fbem-16438	78	3	the	the	DET
fbem-16438	78	4	number	number	NOUN
fbem-16438	78	5	of	of	ADP
fbem-16438	78	6	media	medium	NOUN
fbem-16438	78	7	-	-	PUNCT
fbem-16438	78	8	affiliated	affiliate	VERB
fbem-16438	78	9	directors	director	NOUN
fbem-16438	78	10	increases	increase	VERB
fbem-16438	78	11	year	year	NOUN
fbem-16438	78	12	by	by	ADP
fbem-16438	78	13	year	year	NOUN
fbem-16438	78	14	,	,	PUNCT
fbem-16438	78	15	from	from	ADP
fbem-16438	78	16	3.7	3.7	NUM
fbem-16438	78	17	%	%	NOUN
fbem-16438	78	18	in	in	ADP
fbem-16438	78	19	2010	2010	NUM
fbem-16438	78	20	to	to	ADP
fbem-16438	78	21	10.7	10.7	NUM
fbem-16438	78	22	%	%	NOUN
fbem-16438	78	23	in	in	ADP
fbem-16438	78	24	2021	2021	NUM
fbem-16438	78	25	,	,	PUNCT
fbem-16438	78	26	which	which	PRON
fbem-16438	78	27	can	can	AUX
fbem-16438	78	28	be	be	AUX
fbem-16438	78	29	seen	see	VERB
fbem-16438	78	30	that	that	SCONJ
fbem-16438	78	31	the	the	DET
fbem-16438	78	32	sample	sample	NOUN
fbem-16438	78	33	of	of	ADP
fbem-16438	78	34	media	medium	NOUN
fbem-16438	78	35	-	-	PUNCT
fbem-16438	78	36	affiliated	affiliate	VERB
fbem-16438	78	37	directors	director	NOUN
fbem-16438	78	38	is	be	AUX
fbem-16438	78	39	getting	get	VERB
fbem-16438	78	40	bigger	big	ADJ
fbem-16438	78	41	and	and	CCONJ
fbem-16438	78	42	bigger	big	ADJ
fbem-16438	78	43	,	,	PUNCT
fbem-16438	78	44	indicating	indicate	VERB
fbem-16438	78	45	that	that	SCONJ
fbem-16438	78	46	more	more	ADJ
fbem-16438	78	47	and	and	CCONJ
fbem-16438	78	48	more	more	ADV
fbem-16438	78	49	listed	list	VERB
fbem-16438	78	50	companies	company	NOUN
fbem-16438	78	51	are	be	AUX
fbem-16438	78	52	showing	show	VERB
fbem-16438	78	53	up	up	ADP
fbem-16438	78	54	with	with	ADP
fbem-16438	78	55	media	medium	NOUN
fbem-16438	78	56	-	-	PUNCT
fbem-16438	78	57	affiliated	affiliate	VERB
fbem-16438	78	58	directors	director	NOUN
fbem-16438	78	59	,	,	PUNCT
fbem-16438	78	60	and	and	CCONJ
fbem-16438	78	61	mediaaffiliated	mediaaffiliate	VERB
fbem-16438	78	62	directors	director	NOUN
fbem-16438	78	63	will	will	AUX
fbem-16438	78	64	also	also	ADV
fbem-16438	78	65	play	play	VERB
fbem-16438	78	66	a	a	DET
fbem-16438	78	67	greater	great	ADJ
fbem-16438	78	68	role	role	NOUN
fbem-16438	78	69	.	.	PUNCT
fbem-16438	79	1	ii	ii	PROPN
fbem-16438	79	2	.	.	PUNCT
fbem-16438	79	3	correlation	correlation	NOUN
fbem-16438	79	4	analysis	analysis	NOUN
fbem-16438	79	5	and	and	CCONJ
fbem-16438	79	6	multiple	multiple	ADJ
fbem-16438	79	7	covariance	covariance	NOUN
fbem-16438	79	8	tests	test	NOUN
fbem-16438	79	9	if	if	SCONJ
fbem-16438	79	10	the	the	DET
fbem-16438	79	11	benchmark	benchmark	NOUN
fbem-16438	79	12	regression	regression	NOUN
fbem-16438	79	13	model	model	NOUN
fbem-16438	79	14	is	be	AUX
fbem-16438	79	15	a	a	DET
fbem-16438	79	16	multiple	multiple	ADJ
fbem-16438	79	17	linear	linear	ADJ
fbem-16438	79	18	regression	regression	NOUN
fbem-16438	79	19	model	model	NOUN
fbem-16438	79	20	,	,	PUNCT
fbem-16438	79	21	it	it	PRON
fbem-16438	79	22	is	be	AUX
fbem-16438	79	23	first	first	ADV
fbem-16438	79	24	necessary	necessary	ADJ
fbem-16438	79	25	to	to	PART
fbem-16438	79	26	test	test	VERB
fbem-16438	79	27	its	its	PRON
fbem-16438	79	28	explanatory	explanatory	ADJ
fbem-16438	79	29	variables	variable	NOUN
fbem-16438	79	30	before	before	ADP
fbem-16438	79	31	regression	regression	NOUN
fbem-16438	79	32	,	,	PUNCT
fbem-16438	79	33	if	if	SCONJ
fbem-16438	79	34	the	the	DET
fbem-16438	79	35	correlation	correlation	NOUN
fbem-16438	79	36	between	between	ADP
fbem-16438	79	37	the	the	DET
fbem-16438	79	38	explanatory	explanatory	ADJ
fbem-16438	79	39	variables	variable	NOUN
fbem-16438	79	40	is	be	AUX
fbem-16438	79	41	strong	strong	ADJ
fbem-16438	79	42	or	or	CCONJ
fbem-16438	79	43	there	there	PRON
fbem-16438	79	44	is	be	VERB
fbem-16438	79	45	a	a	DET
fbem-16438	79	46	serious	serious	ADJ
fbem-16438	79	47	problem	problem	NOUN
fbem-16438	79	48	of	of	ADP
fbem-16438	79	49	multiple	multiple	ADJ
fbem-16438	79	50	covariance	covariance	NOUN
fbem-16438	79	51	,	,	PUNCT
fbem-16438	79	52	which	which	PRON
fbem-16438	79	53	may	may	AUX
fbem-16438	79	54	lead	lead	VERB
fbem-16438	79	55	to	to	ADP
fbem-16438	79	56	a	a	DET
fbem-16438	79	57	large	large	ADJ
fbem-16438	79	58	error	error	NOUN
fbem-16438	79	59	in	in	ADP
fbem-16438	79	60	the	the	DET
fbem-16438	79	61	model	model	NOUN
fbem-16438	79	62	and	and	CCONJ
fbem-16438	79	63	distortion	distortion	NOUN
fbem-16438	79	64	of	of	ADP
fbem-16438	79	65	the	the	DET
fbem-16438	79	66	regression	regression	NOUN
fbem-16438	79	67	results	result	NOUN
fbem-16438	79	68	,	,	PUNCT
fbem-16438	79	69	then	then	ADV
fbem-16438	79	70	it	it	PRON
fbem-16438	79	71	is	be	AUX
fbem-16438	79	72	not	not	PART
fbem-16438	79	73	appropriate	appropriate	ADJ
fbem-16438	79	74	to	to	PART
fbem-16438	79	75	use	use	VERB
fbem-16438	79	76	the	the	DET
fbem-16438	79	77	model	model	NOUN
fbem-16438	79	78	of	of	ADP
fbem-16438	79	79	multiple	multiple	ADJ
fbem-16438	79	80	linear	linear	ADJ
fbem-16438	79	81	regression	regression	NOUN
fbem-16438	79	82	,	,	PUNCT
fbem-16438	79	83	and	and	CCONJ
fbem-16438	79	84	this	this	DET
fbem-16438	79	85	paper	paper	NOUN
fbem-16438	79	86	adopts	adopt	VERB
fbem-16438	79	87	the	the	DET
fbem-16438	79	88	stata15	stata15	NOUN
fbem-16438	79	89	software	software	NOUN
fbem-16438	79	90	to	to	PART
fbem-16438	79	91	conduct	conduct	VERB
fbem-16438	79	92	the	the	DET
fbem-16438	79	93	test	test	NOUN
fbem-16438	79	94	and	and	CCONJ
fbem-16438	79	95	regression	regression	VERB
fbem-16438	79	96	analysis	analysis	NOUN
fbem-16438	79	97	.	.	PUNCT
fbem-16438	80	1	in	in	ADP
fbem-16438	80	2	this	this	DET
fbem-16438	80	3	paper	paper	NOUN
fbem-16438	80	4	,	,	PUNCT
fbem-16438	80	5	we	we	PRON
fbem-16438	80	6	first	first	ADV
fbem-16438	80	7	use	use	VERB
fbem-16438	80	8	pearson	pearson	NOUN
fbem-16438	80	9	correlation	correlation	NOUN
fbem-16438	80	10	analysis	analysis	NOUN
fbem-16438	80	11	to	to	PART
fbem-16438	80	12	analyze	analyze	VERB
fbem-16438	80	13	the	the	DET
fbem-16438	80	14	correlation	correlation	NOUN
fbem-16438	80	15	of	of	ADP
fbem-16438	80	16	the	the	DET
fbem-16438	80	17	explanatory	explanatory	ADJ
fbem-16438	80	18	variables	variable	NOUN
fbem-16438	80	19	except	except	SCONJ
fbem-16438	80	20	the	the	DET
fbem-16438	80	21	dummy	dummy	ADJ
fbem-16438	80	22	variables	variable	NOUN
fbem-16438	80	23	in	in	ADP
fbem-16438	80	24	the	the	DET
fbem-16438	80	25	benchmark	benchmark	ADJ
fbem-16438	80	26	regression	regression	NOUN
fbem-16438	80	27	model	model	NOUN
fbem-16438	80	28	,	,	PUNCT
fbem-16438	80	29	and	and	CCONJ
fbem-16438	80	30	obtain	obtain	VERB
fbem-16438	80	31	the	the	DET
fbem-16438	80	32	correlation	correlation	NOUN
fbem-16438	80	33	coefficients	coefficient	NOUN
fbem-16438	80	34	of	of	ADP
fbem-16438	80	35	each	each	DET
fbem-16438	80	36	explanatory	explanatory	ADJ
fbem-16438	80	37	variable	variable	NOUN
fbem-16438	80	38	through	through	ADP
fbem-16438	80	39	the	the	DET
fbem-16438	80	40	stata	stata	NOUN
fbem-16438	80	41	software	software	NOUN
fbem-16438	80	42	,	,	PUNCT
fbem-16438	80	43	as	as	SCONJ
fbem-16438	80	44	shown	show	VERB
fbem-16438	80	45	in	in	ADP
fbem-16438	80	46	the	the	DET
fbem-16438	80	47	table	table	NOUN
fbem-16438	80	48	below	below	ADV
fbem-16438	80	49	,	,	PUNCT
fbem-16438	80	50	the	the	DET
fbem-16438	80	51	correlation	correlation	NOUN
fbem-16438	80	52	degree	degree	NOUN
fbem-16438	80	53	of	of	ADP
fbem-16438	80	54	each	each	DET
fbem-16438	80	55	explanatory	explanatory	ADJ
fbem-16438	80	56	variable	variable	NOUN
fbem-16438	80	57	in	in	ADP
fbem-16438	80	58	the	the	DET
fbem-16438	80	59	benchmark	benchmark	NOUN
fbem-16438	80	60	regression	regression	NOUN
fbem-16438	80	61	model	model	NOUN
fbem-16438	80	62	is	be	AUX
fbem-16438	80	63	relatively	relatively	ADV
fbem-16438	80	64	low	low	ADJ
fbem-16438	80	65	,	,	PUNCT
fbem-16438	80	66	and	and	CCONJ
fbem-16438	80	67	the	the	DET
fbem-16438	80	68	correlation	correlation	NOUN
fbem-16438	80	69	coefficient	coefficient	NOUN
fbem-16438	80	70	is	be	AUX
fbem-16438	80	71	not	not	PART
fbem-16438	80	72	more	more	ADJ
fbem-16438	80	73	than	than	ADP
fbem-16438	80	74	0.3	0.3	NUM
fbem-16438	80	75	,	,	PUNCT
fbem-16438	80	76	so	so	SCONJ
fbem-16438	80	77	that	that	SCONJ
fbem-16438	80	78	we	we	PRON
fbem-16438	80	79	can	can	AUX
fbem-16438	80	80	use	use	VERB
fbem-16438	80	81	the	the	DET
fbem-16438	80	82	multivariate	multivariate	NOUN
fbem-16438	80	83	linear	linear	PROPN
fbem-16438	80	84	regression	regression	NOUN
fbem-16438	80	85	model	model	NOUN
fbem-16438	80	86	.	.	PUNCT
fbem-16438	81	1	the	the	DET
fbem-16438	81	2	empirical	empirical	ADJ
fbem-16438	81	3	results	result	NOUN
fbem-16438	81	4	are	be	AUX
fbem-16438	81	5	shown	show	VERB
fbem-16438	81	6	in	in	ADP
fbem-16438	81	7	table	table	NOUN
fbem-16438	81	8	3	3	NUM
fbem-16438	81	9	.	.	PUNCT
fbem-16438	82	1	secondly	secondly	ADV
fbem-16438	82	2	,	,	PUNCT
fbem-16438	82	3	this	this	DET
fbem-16438	82	4	paper	paper	NOUN
fbem-16438	82	5	also	also	ADV
fbem-16438	82	6	uses	use	VERB
fbem-16438	82	7	variance	variance	NOUN
fbem-16438	82	8	inflation	inflation	NOUN
fbem-16438	82	9	factor	factor	NOUN
fbem-16438	82	10	(	(	PUNCT
fbem-16438	82	11	vif	vif	NOUN
fbem-16438	82	12	)	)	PUNCT
fbem-16438	82	13	to	to	PART
fbem-16438	82	14	test	test	VERB
fbem-16438	82	15	whether	whether	SCONJ
fbem-16438	82	16	there	there	PRON
fbem-16438	82	17	is	be	VERB
fbem-16438	82	18	multicollinearity	multicollinearity	NOUN
fbem-16438	82	19	in	in	ADP
fbem-16438	82	20	the	the	DET
fbem-16438	82	21	baseline	baseline	PROPN
fbem-16438	82	22	regression	regression	NOUN
fbem-16438	82	23	model	model	NOUN
fbem-16438	82	24	,	,	PUNCT
fbem-16438	82	25	usually	usually	ADV
fbem-16438	82	26	we	we	PRON
fbem-16438	82	27	think	think	VERB
fbem-16438	82	28	that	that	SCONJ
fbem-16438	82	29	when	when	SCONJ
fbem-16438	82	30	vif	vif	NOUN
fbem-16438	82	31	is	be	AUX
fbem-16438	82	32	less	less	ADJ
fbem-16438	82	33	than	than	ADP
fbem-16438	82	34	10	10	NUM
fbem-16438	82	35	,	,	PUNCT
fbem-16438	82	36	the	the	DET
fbem-16438	82	37	model	model	NOUN
fbem-16438	82	38	does	do	AUX
fbem-16438	82	39	not	not	PART
fbem-16438	82	40	have	have	VERB
fbem-16438	82	41	serious	serious	ADJ
fbem-16438	82	42	covariance	covariance	NOUN
fbem-16438	82	43	,	,	PUNCT
fbem-16438	82	44	and	and	CCONJ
fbem-16438	82	45	we	we	PRON
fbem-16438	82	46	can	can	AUX
fbem-16438	82	47	use	use	VERB
fbem-16438	82	48	multivariate	multivariate	NOUN
fbem-16438	82	49	linear	linear	NOUN
fbem-16438	82	50	regression	regression	NOUN
fbem-16438	82	51	,	,	PUNCT
fbem-16438	82	52	and	and	CCONJ
fbem-16438	82	53	the	the	PRON
fbem-16438	82	54	larger	large	ADJ
fbem-16438	82	55	the	the	DET
fbem-16438	82	56	value	value	NOUN
fbem-16438	82	57	of	of	ADP
fbem-16438	82	58	vif	vif	NOUN
fbem-16438	82	59	is	be	AUX
fbem-16438	82	60	,	,	PUNCT
fbem-16438	82	61	the	the	PRON
fbem-16438	82	62	more	more	ADV
fbem-16438	82	63	serious	serious	ADJ
fbem-16438	82	64	the	the	DET
fbem-16438	82	65	covariance	covariance	NOUN
fbem-16438	82	66	is	be	AUX
fbem-16438	82	67	,	,	PUNCT
fbem-16438	82	68	as	as	SCONJ
fbem-16438	82	69	shown	show	VERB
fbem-16438	82	70	in	in	ADP
fbem-16438	82	71	the	the	DET
fbem-16438	82	72	table	table	NOUN
fbem-16438	82	73	below	below	ADV
fbem-16438	82	74	,	,	PUNCT
fbem-16438	82	75	the	the	DET
fbem-16438	82	76	explanatory	explanatory	ADJ
fbem-16438	82	77	variables	variable	NOUN
fbem-16438	82	78	of	of	ADP
fbem-16438	82	79	the	the	DET
fbem-16438	82	80	model	model	NOUN
fbem-16438	82	81	have	have	VERB
fbem-16438	82	82	vif	vif	NOUN
fbem-16438	82	83	values	value	NOUN
fbem-16438	82	84	less	less	ADJ
fbem-16438	82	85	than	than	ADP
fbem-16438	82	86	3	3	NUM
fbem-16438	82	87	,	,	PUNCT
fbem-16438	82	88	so	so	SCONJ
fbem-16438	82	89	there	there	PRON
fbem-16438	82	90	is	be	VERB
fbem-16438	82	91	no	no	DET
fbem-16438	82	92	serious	serious	ADJ
fbem-16438	82	93	multicollinearity	multicollinearity	NOUN
fbem-16438	82	94	,	,	PUNCT
fbem-16438	82	95	and	and	CCONJ
fbem-16438	82	96	the	the	DET
fbem-16438	82	97	use	use	NOUN
fbem-16438	82	98	of	of	ADP
fbem-16438	82	99	linear	linear	ADJ
fbem-16438	82	100	regression	regression	NOUN
fbem-16438	82	101	the	the	DET
fbem-16438	82	102	results	result	NOUN
fbem-16438	82	103	are	be	AUX
fbem-16438	82	104	reliable	reliable	ADJ
fbem-16438	82	105	.	.	PUNCT
fbem-16438	83	1	the	the	DET
fbem-16438	83	2	empirical	empirical	ADJ
fbem-16438	83	3	results	result	NOUN
fbem-16438	83	4	are	be	AUX
fbem-16438	83	5	shown	show	VERB
fbem-16438	83	6	in	in	ADP
fbem-16438	83	7	table	table	NOUN
fbem-16438	83	8	4	4	NUM
fbem-16438	83	9	.	.	PUNCT
fbem-16438	83	10	table	table	NOUN
fbem-16438	83	11	4	4	NUM
fbem-16438	83	12	.	.	PUNCT
fbem-16438	83	13	tests	test	NOUN
fbem-16438	83	14	for	for	ADP
fbem-16438	83	15	multiple	multiple	ADJ
fbem-16438	83	16	covariance	covariance	NOUN
fbem-16438	83	17	variable	variable	NOUN
fbem-16438	83	18	vif	vif	NOUN
fbem-16438	83	19	1	1	NUM
fbem-16438	83	20	/	/	SYM
fbem-16438	83	21	vif	vif	NOUN
fbem-16438	83	22	lnb	lnb	PROPN
fbem-16438	83	23	3.040	3.040	NUM
fbem-16438	83	24	0.329	0.329	NUM
fbem-16438	83	25	lna	lna	PROPN
fbem-16438	83	26	2.860	2.860	NUM
fbem-16438	83	27	0.349	0.349	NUM
fbem-16438	83	28	gar	gar	NOUN
fbem-16438	83	29	1.210	1.210	NUM
fbem-16438	83	30	0.824	0.824	NUM
fbem-16438	83	31	lev	lev	NOUN
fbem-16438	83	32	1.150	1.150	NUM
fbem-16438	83	33	0.867	0.867	NUM
fbem-16438	83	34	roa	roa	NOUN
fbem-16438	83	35	1.150	1.150	NUM
fbem-16438	83	36	0.871	0.871	NUM
fbem-16438	83	37	mar	mar	PROPN
fbem-16438	83	38	1.150	1.150	NUM
fbem-16438	83	39	0.873	0.873	NUM
fbem-16438	83	40	gdr	gdr	PROPN
fbem-16438	83	41	1.140	1.140	NUM
fbem-16438	83	42	0.875	0.875	NUM
fbem-16438	83	43	aar	aar	NOUN
fbem-16438	83	44	1.080	1.080	NUM
fbem-16438	83	45	0.927	0.927	NUM
fbem-16438	83	46	lnb	lnb	PROPN
fbem-16438	83	47	1.050	1.050	NUM
fbem-16438	83	48	0.948	0.948	NUM
fbem-16438	83	49	mld	mld	PROPN
fbem-16438	83	50	1	1	NUM
fbem-16438	83	51	0.997	0.997	NUM
fbem-16438	83	52	mean	mean	NOUN
fbem-16438	83	53	vif	vif	PROPN
fbem-16438	83	54	1.480	1.480	NUM
fbem-16438	83	55	iii	iii	NOUN
fbem-16438	83	56	.	.	PUNCT
fbem-16438	84	1	distribution	distribution	NOUN
fbem-16438	84	2	of	of	ADP
fbem-16438	84	3	variables	variable	NOUN
fbem-16438	84	4	this	this	DET
fbem-16438	84	5	chapter	chapter	NOUN
fbem-16438	84	6	begins	begin	VERB
fbem-16438	84	7	with	with	ADP
fbem-16438	84	8	a	a	DET
fbem-16438	84	9	descriptive	descriptive	ADJ
fbem-16438	84	10	statistical	statistical	ADJ
fbem-16438	84	11	analysis	analysis	NOUN
fbem-16438	84	12	of	of	ADP
fbem-16438	84	13	all	all	DET
fbem-16438	84	14	the	the	DET
fbem-16438	84	15	variables	variable	NOUN
fbem-16438	84	16	,	,	PUNCT
fbem-16438	84	17	which	which	PRON
fbem-16438	84	18	are	be	AUX
fbem-16438	84	19	selected	select	VERB
fbem-16438	84	20	for	for	ADP
fbem-16438	84	21	the	the	DET
fbem-16438	84	22	mean	mean	ADJ
fbem-16438	84	23	,	,	PUNCT
fbem-16438	84	24	standard	standard	ADJ
fbem-16438	84	25	deviation	deviation	NOUN
fbem-16438	84	26	,	,	PUNCT
fbem-16438	84	27	minimum	minimum	ADJ
fbem-16438	84	28	values	value	NOUN
fbem-16438	84	29	,	,	PUNCT
fbem-16438	84	30	median	median	ADJ
fbem-16438	84	31	and	and	CCONJ
fbem-16438	84	32	maximum	maximum	ADJ
fbem-16438	84	33	values	value	NOUN
fbem-16438	84	34	to	to	PART
fbem-16438	84	35	describe	describe	VERB
fbem-16438	84	36	the	the	DET
fbem-16438	84	37	distribution	distribution	NOUN
fbem-16438	84	38	and	and	CCONJ
fbem-16438	84	39	fluctuation	fluctuation	NOUN
fbem-16438	84	40	of	of	ADP
fbem-16438	84	41	the	the	DET
fbem-16438	84	42	variables	variable	NOUN
fbem-16438	84	43	as	as	SCONJ
fbem-16438	84	44	shown	show	VERB
fbem-16438	84	45	in	in	ADP
fbem-16438	84	46	table	table	NOUN
fbem-16438	84	47	5	5	NUM
fbem-16438	84	48	.	.	X
fbem-16438	84	49	45	45	NUM
fbem-16438	84	50	table	table	NOUN
fbem-16438	84	51	5	5	NUM
fbem-16438	84	52	.	.	PUNCT
fbem-16438	84	53	descriptive	descriptive	ADJ
fbem-16438	84	54	statistics	statistic	NOUN
fbem-16438	84	55	of	of	ADP
fbem-16438	84	56	variables	variable	NOUN
fbem-16438	84	57	variable	variable	ADJ
fbem-16438	84	58	name	name	NOUN
fbem-16438	84	59	acronyms	acronym	NOUN
fbem-16438	84	60	average	average	ADJ
fbem-16438	84	61	standard	standard	ADJ
fbem-16438	84	62	deviation	deviation	NOUN
fbem-16438	84	63	minimum	minimum	ADJ
fbem-16438	84	64	upper	upper	ADJ
fbem-16438	84	65	maximum	maximum	ADJ
fbem-16438	84	66	company	company	NOUN
fbem-16438	84	67	size	size	NOUN
fbem-16438	84	68	size	size	NOUN
fbem-16438	84	69	78.67	78.67	NUM
fbem-16438	84	70	492.73	492.73	NUM
fbem-16438	84	71	0	0	NUM
fbem-16438	84	72	20	20	NUM
fbem-16438	84	73	65096	65096	NUM
fbem-16438	84	74	largest	large	ADJ
fbem-16438	84	75	shareholder	shareholder	NOUN
fbem-16438	84	76	top1	top1	PROPN
fbem-16438	84	77	0.38	0.38	NUM
fbem-16438	84	78	0.21	0.21	NUM
fbem-16438	84	79	0	0	NUM
fbem-16438	84	80	0.46	0.46	NUM
fbem-16438	84	81	3	3	NUM
fbem-16438	84	82	return	return	NOUN
fbem-16438	84	83	on	on	ADP
fbem-16438	84	84	assets	asset	NOUN
fbem-16438	84	85	roa	roa	PROPN
fbem-16438	84	86	2.14	2.14	NUM
fbem-16438	84	87	1,32	1,32	NUM
fbem-16438	84	88	0	0	NUM
fbem-16438	84	89	1.95	1.95	NUM
fbem-16438	84	90	10.13	10.13	NUM
fbem-16438	84	91	leverage	leverage	NOUN
fbem-16438	84	92	leverage	leverage	NOUN
fbem-16438	84	93	3.74	3.74	NUM
fbem-16438	84	94	1.38	1.38	NUM
fbem-16438	84	95	-3.67	-3.67	NUM
fbem-16438	84	96	3.56	3.56	NUM
fbem-16438	84	97	10.22	10.22	NUM
fbem-16438	84	98	state	state	NOUN
fbem-16438	84	99	-	-	PUNCT
fbem-16438	84	100	owned	own	VERB
fbem-16438	84	101	or	or	CCONJ
fbem-16438	84	102	not	not	PART
fbem-16438	84	103	soe	soe	PROPN
fbem-16438	84	104	58.71	58.71	NUM
fbem-16438	84	105	15.5	15.5	NUM
fbem-16438	84	106	1.32	1.32	NUM
fbem-16438	84	107	59.75	59.75	NUM
fbem-16438	84	108	100	100	NUM
fbem-16438	84	109	company	company	NOUN
fbem-16438	84	110	age	age	NOUN
fbem-16438	84	111	age	age	NOUN
fbem-16438	84	112	6.11	6.11	NUM
fbem-16438	84	113	20.26	20.26	NUM
fbem-16438	84	114	-8.88	-8.88	NUM
fbem-16438	84	115	0.42	0.42	NUM
fbem-16438	84	116	20.78	20.78	NUM
fbem-16438	84	117	advertising	advertising	NOUN
fbem-16438	84	118	to	to	ADP
fbem-16438	84	119	assets	asset	NOUN
fbem-16438	84	120	ratio	ratio	NOUN
fbem-16438	84	121	aar	aar	NOUN
fbem-16438	84	122	0.45	0.45	NUM
fbem-16438	84	123	1.13	1.13	NUM
fbem-16438	84	124	-0.19	-0.19	NOUN
fbem-16438	84	125	0.42	0.42	NUM
fbem-16438	84	126	1.78	1.78	NUM
fbem-16438	84	127	dividend	dividend	NOUN
fbem-16438	84	128	-	-	PUNCT
fbem-16438	84	129	to	to	ADP
fbem-16438	84	130	-	-	PUNCT
fbem-16438	84	131	asset	asset	NOUN
fbem-16438	84	132	ratio	ratio	NOUN
fbem-16438	84	133	gar	gar	NOUN
fbem-16438	84	134	23	23	NUM
fbem-16438	84	135	6.62	6.62	NUM
fbem-16438	84	136	6	6	NUM
fbem-16438	84	137	23	23	NUM
fbem-16438	84	138	68	68	NUM
fbem-16438	84	139	logarithm	logarithm	NOUN
fbem-16438	84	140	of	of	ADP
fbem-16438	84	141	bank	bank	NOUN
fbem-16438	84	142	loans	loan	NOUN
fbem-16438	84	143	lnb	lnb	PROPN
fbem-16438	84	144	0.043	0.043	NUM
fbem-16438	84	145	0.063	0.063	NUM
fbem-16438	84	146	0	0	NUM
fbem-16438	84	147	0.022	0.022	NUM
fbem-16438	84	148	1.31	1.31	NUM
fbem-16438	84	149	logarithm	logarithm	NOUN
fbem-16438	84	150	of	of	ADP
fbem-16438	84	151	non	non	ADJ
fbem-16438	84	152	-	-	ADJ
fbem-16438	84	153	bank	bank	ADJ
fbem-16438	84	154	debt	debt	NOUN
fbem-16438	84	155	lnfb	lnfb	VERB
fbem-16438	84	156	0.02	0.02	NUM
fbem-16438	84	157	0.023	0.023	NUM
fbem-16438	84	158	0.00009	0.00009	NUM
fbem-16438	84	159	0.008	0.008	NUM
fbem-16438	84	160	0.65	0.65	NUM
fbem-16438	84	161	market	market	NOUN
fbem-16438	84	162	to	to	ADP
fbem-16438	84	163	book	book	NOUN
fbem-16438	84	164	ratio	ratio	NOUN
fbem-16438	84	165	mar	mar	PROPN
fbem-16438	84	166	0.33	0.33	NUM
fbem-16438	84	167	0.84	0.84	NUM
fbem-16438	84	168	-3.99	-3.99	NOUN
fbem-16438	84	169	0.00	0.00	NUM
fbem-16438	84	170	5.30	5.30	NUM
fbem-16438	84	171	number	number	NOUN
fbem-16438	84	172	of	of	ADP
fbem-16438	84	173	analysts	analyst	NOUN
fbem-16438	84	174	tracked	track	VERB
fbem-16438	84	175	analyst	analyst	NOUN
fbem-16438	84	176	1.37	1.37	NUM
fbem-16438	84	177	0.71	0.71	NUM
fbem-16438	84	178	-1.12	-1.12	NUM
fbem-16438	84	179	0.078	0.078	NUM
fbem-16438	84	180	4.14	4.14	NUM
fbem-16438	84	181	available	available	ADJ
fbem-16438	84	182	bond	bond	NOUN
fbem-16438	84	183	ratings	rating	NOUN
fbem-16438	84	184	pj	pj	PROPN
fbem-16438	84	185	0.65	0.65	NUM
fbem-16438	84	186	1.11	1.11	NUM
fbem-16438	84	187	0.00006	0.00006	NUM
fbem-16438	84	188	0.00	0.00	NUM
fbem-16438	84	189	58.74	58.74	NUM
fbem-16438	84	190	number	number	NOUN
fbem-16438	84	191	of	of	ADP
fbem-16438	84	192	board	board	NOUN
fbem-16438	84	193	of	of	ADP
fbem-16438	84	194	directors	director	NOUN
fbem-16438	84	195	dr	dr	PROPN
fbem-16438	84	196	2.17	2.17	NUM
fbem-16438	84	197	1,53	1,53	NUM
fbem-16438	84	198	0	0	NUM
fbem-16438	84	199	3	3	NUM
fbem-16438	84	200	8	8	NUM
fbem-16438	84	201	number	number	NOUN
fbem-16438	84	202	of	of	ADP
fbem-16438	84	203	independent	independent	ADJ
fbem-16438	84	204	directors	director	NOUN
fbem-16438	84	205	ddr	ddr	VERB
fbem-16438	84	206	6.04	6.04	NUM
fbem-16438	84	207	4.05	4.05	NUM
fbem-16438	84	208	0	0	NUM
fbem-16438	84	209	7	7	NUM
fbem-16438	84	210	20	20	NUM
fbem-16438	84	211	as	as	SCONJ
fbem-16438	84	212	shown	show	VERB
fbem-16438	84	213	in	in	ADP
fbem-16438	84	214	the	the	DET
fbem-16438	84	215	table	table	NOUN
fbem-16438	84	216	5	5	NUM
fbem-16438	84	217	,	,	PUNCT
fbem-16438	84	218	the	the	DET
fbem-16438	84	219	number	number	NOUN
fbem-16438	84	220	of	of	ADP
fbem-16438	84	221	board	board	NOUN
fbem-16438	84	222	of	of	ADP
fbem-16438	84	223	directors	director	NOUN
fbem-16438	84	224	in	in	ADP
fbem-16438	84	225	my	my	PRON
fbem-16438	84	226	over	over	ADP
fbem-16438	84	227	enterprises	enterprise	NOUN
fbem-16438	84	228	varies	vary	VERB
fbem-16438	84	229	greatly	greatly	ADV
fbem-16438	84	230	from	from	ADP
fbem-16438	84	231	company	company	NOUN
fbem-16438	84	232	to	to	ADP
fbem-16438	84	233	company	company	NOUN
fbem-16438	84	234	,	,	PUNCT
fbem-16438	84	235	but	but	CCONJ
fbem-16438	84	236	the	the	DET
fbem-16438	84	237	average	average	NOUN
fbem-16438	84	238	is	be	AUX
fbem-16438	84	239	around	around	ADV
fbem-16438	84	240	6	6	NUM
fbem-16438	84	241	people	people	NOUN
fbem-16438	84	242	,	,	PUNCT
fbem-16438	84	243	of	of	ADP
fbem-16438	84	244	which	which	PRON
fbem-16438	84	245	the	the	DET
fbem-16438	84	246	average	average	ADJ
fbem-16438	84	247	number	number	NOUN
fbem-16438	84	248	of	of	ADP
fbem-16438	84	249	independent	independent	ADJ
fbem-16438	84	250	directors	director	NOUN
fbem-16438	84	251	is	be	AUX
fbem-16438	84	252	3	3	NUM
fbem-16438	84	253	,	,	PUNCT
fbem-16438	84	254	accounting	account	VERB
fbem-16438	84	255	for	for	ADP
fbem-16438	84	256	about	about	ADV
fbem-16438	84	257	one	one	NUM
fbem-16438	84	258	-	-	PUNCT
fbem-16438	84	259	half	half	NOUN
fbem-16438	84	260	,	,	PUNCT
fbem-16438	84	261	of	of	ADP
fbem-16438	84	262	which	which	PRON
fbem-16438	84	263	the	the	DET
fbem-16438	84	264	media	medium	NOUN
fbem-16438	84	265	coverage	coverage	NOUN
fbem-16438	84	266	tends	tend	VERB
fbem-16438	84	267	to	to	PART
fbem-16438	84	268	be	be	AUX
fbem-16438	84	269	more	more	ADV
fbem-16438	84	270	skewed	skewed	ADJ
fbem-16438	84	271	towards	towards	ADP
fbem-16438	84	272	negative	negative	ADJ
fbem-16438	84	273	coverage	coverage	NOUN
fbem-16438	84	274	,	,	PUNCT
fbem-16438	84	275	because	because	SCONJ
fbem-16438	84	276	the	the	DET
fbem-16438	84	277	proportion	proportion	NOUN
fbem-16438	84	278	of	of	ADP
fbem-16438	84	279	positive	positive	ADJ
fbem-16438	84	280	coverage	coverage	NOUN
fbem-16438	84	281	to	to	ADP
fbem-16438	84	282	the	the	DET
fbem-16438	84	283	total	total	ADJ
fbem-16438	84	284	amount	amount	NOUN
fbem-16438	84	285	of	of	ADP
fbem-16438	84	286	coverage	coverage	NOUN
fbem-16438	84	287	averages	average	NOUN
fbem-16438	84	288	38	38	NUM
fbem-16438	84	289	%	%	NOUN
fbem-16438	84	290	,	,	PUNCT
fbem-16438	84	291	which	which	PRON
fbem-16438	84	292	may	may	AUX
fbem-16438	84	293	be	be	AUX
fbem-16438	84	294	related	relate	VERB
fbem-16438	84	295	to	to	ADP
fbem-16438	84	296	the	the	DET
fbem-16438	84	297	fact	fact	NOUN
fbem-16438	84	298	that	that	SCONJ
fbem-16438	84	299	the	the	DET
fbem-16438	84	300	negative	negative	ADJ
fbem-16438	84	301	coverage	coverage	NOUN
fbem-16438	84	302	is	be	AUX
fbem-16438	84	303	more	more	ADV
fbem-16438	84	304	sensational	sensational	ADJ
fbem-16438	84	305	and	and	CCONJ
fbem-16438	84	306	has	have	VERB
fbem-16438	84	307	a	a	DET
fbem-16438	84	308	wider	wide	ADJ
fbem-16438	84	309	dissemination	dissemination	NOUN
fbem-16438	84	310	,	,	PUNCT
fbem-16438	84	311	so	so	SCONJ
fbem-16438	84	312	the	the	DET
fbem-16438	84	313	media	medium	NOUN
fbem-16438	84	314	are	be	AUX
fbem-16438	84	315	more	more	ADV
fbem-16438	84	316	inclined	inclined	ADJ
fbem-16438	84	317	to	to	PART
fbem-16438	84	318	carry	carry	VERB
fbem-16438	84	319	out	out	ADP
fbem-16438	84	320	negative	negative	ADJ
fbem-16438	84	321	coverage	coverage	NOUN
fbem-16438	84	322	,	,	PUNCT
fbem-16438	84	323	but	but	CCONJ
fbem-16438	84	324	in	in	ADP
fbem-16438	84	325	the	the	DET
fbem-16438	84	326	future	future	NOUN
fbem-16438	84	327	,	,	PUNCT
fbem-16438	84	328	more	more	ADV
fbem-16438	84	329	clearly	clearly	ADV
fbem-16438	84	330	see	see	VERB
fbem-16438	84	331	the	the	DET
fbem-16438	84	332	changes	change	NOUN
fbem-16438	84	333	in	in	ADP
fbem-16438	84	334	the	the	DET
fbem-16438	84	335	number	number	NOUN
fbem-16438	84	336	of	of	ADP
fbem-16438	84	337	media	medium	NOUN
fbem-16438	84	338	reports	report	NOUN
fbem-16438	84	339	and	and	CCONJ
fbem-16438	84	340	the	the	DET
fbem-16438	84	341	tendency	tendency	NOUN
fbem-16438	84	342	of	of	ADP
fbem-16438	84	343	reporting	reporting	NOUN
fbem-16438	84	344	in	in	ADP
fbem-16438	84	345	different	different	ADJ
fbem-16438	84	346	years	year	NOUN
fbem-16438	84	347	,	,	PUNCT
fbem-16438	84	348	this	this	DET
fbem-16438	84	349	paper	paper	NOUN
fbem-16438	84	350	has	have	AUX
fbem-16438	84	351	carried	carry	VERB
fbem-16438	84	352	out	out	ADP
fbem-16438	84	353	descriptive	descriptive	ADJ
fbem-16438	84	354	statistics	statistic	NOUN
fbem-16438	84	355	on	on	ADP
fbem-16438	84	356	media	medium	NOUN
fbem-16438	84	357	reports	report	NOUN
fbem-16438	84	358	for	for	ADP
fbem-16438	84	359	different	different	ADJ
fbem-16438	84	360	years	year	NOUN
fbem-16438	84	361	,	,	PUNCT
fbem-16438	84	362	as	as	SCONJ
fbem-16438	84	363	shown	show	VERB
fbem-16438	84	364	in	in	ADP
fbem-16438	84	365	table	table	NOUN
fbem-16438	84	366	6	6	NUM
fbem-16438	84	367	.	.	PUNCT
fbem-16438	84	368	table	table	NOUN
fbem-16438	84	369	6	6	NUM
fbem-16438	84	370	.	.	PUNCT
fbem-16438	85	1	media	medium	NOUN
fbem-16438	85	2	distribution	distribution	NOUN
fbem-16438	85	3	ear	ear	NOUN
fbem-16438	85	4	mc	mc	PROPN
fbem-16438	85	5	pct1	pct1	PROPN
fbem-16438	85	6	pct	pct	PROPN
fbem-16438	85	7	neganum	neganum	PROPN
fbem-16438	85	8	2010	2010	NUM
fbem-16438	85	9	77.66	77.66	NUM
fbem-16438	85	10	0.408	0.408	NUM
fbem-16438	85	11	0.318	0.318	NUM
fbem-16438	85	12	2.256	2.256	NUM
fbem-16438	85	13	2011	2011	NUM
fbem-16438	85	14	86.12	86.12	NUM
fbem-16438	85	15	0.398	0.398	NUM
fbem-16438	85	16	0.309	0.309	NUM
fbem-16438	85	17	2.235	2.235	NUM
fbem-16438	85	18	2012	2012	NUM
fbem-16438	85	19	97.52	97.52	NUM
fbem-16438	85	20	0.426	0.426	NUM
fbem-16438	85	21	0.330	0.330	NUM
fbem-16438	85	22	2.186	2.186	NUM
fbem-16438	85	23	2013	2013	NUM
fbem-16438	85	24	102.8	102.8	NUM
fbem-16438	85	25	0.411	0.411	NUM
fbem-16438	85	26	0.312	0.312	NUM
fbem-16438	85	27	2.234	2.234	NUM
fbem-16438	85	28	2014	2014	NUM
fbem-16438	85	29	98.14	98.14	NUM
fbem-16438	85	30	0.425	0.425	NUM
fbem-16438	85	31	0.327	0.327	NUM
fbem-16438	85	32	2.249	2.249	NUM
fbem-16438	85	33	2015	2015	NUM
fbem-16438	85	34	90.28	90.28	NUM
fbem-16438	85	35	0.464	0.464	NUM
fbem-16438	85	36	0.367	0.367	NUM
fbem-16438	85	37	2.127	2.127	NUM
fbem-16438	85	38	2016	2016	NUM
fbem-16438	85	39	80.50	80.50	NUM
fbem-16438	85	40	0.469	0.469	NUM
fbem-16438	85	41	0.385	0.385	NUM
fbem-16438	85	42	2.048	2.048	NUM
fbem-16438	85	43	2017	2017	NUM
fbem-16438	85	44	83.82	83.82	NUM
fbem-16438	85	45	0.478	0.478	NUM
fbem-16438	85	46	0.393	0.393	NUM
fbem-16438	85	47	2.034	2.034	NUM
fbem-16438	85	48	2018	2018	NUM
fbem-16438	85	49	80.38	80.38	NUM
fbem-16438	85	50	0.492	0.492	NUM
fbem-16438	85	51	0.415	0.415	NUM
fbem-16438	85	52	1.923	1.923	NUM
fbem-16438	85	53	2019	2019	NUM
fbem-16438	85	54	64.18	64.18	NUM
fbem-16438	85	55	0.483	0.483	NUM
fbem-16438	85	56	0.424	0.424	NUM
fbem-16438	85	57	1.809	1.809	NUM
fbem-16438	85	58	2020	2020	NUM
fbem-16438	85	59	10.34	10.34	NUM
fbem-16438	85	60	0.448	0.448	NUM
fbem-16438	85	61	0.383	0.383	NUM
fbem-16438	85	62	0.932	0.932	NUM
fbem-16438	85	63	2021	2021	NUM
fbem-16438	85	64	73.47	73.47	NUM
fbem-16438	85	65	0.535	0.535	NUM
fbem-16438	85	66	0.471	0.471	NUM
fbem-16438	85	67	1.528	1.528	NUM
fbem-16438	85	68	total	total	NOUN
fbem-16438	85	69	78.66	78.66	NUM
fbem-16438	85	70	0.461	0.461	NUM
fbem-16438	85	71	0.379	0.379	NUM
fbem-16438	85	72	1.942	1.942	NUM
fbem-16438	85	73	between	between	ADP
fbem-16438	85	74	2010	2010	NUM
fbem-16438	85	75	and	and	CCONJ
fbem-16438	85	76	2021	2021	NUM
fbem-16438	85	77	,	,	PUNCT
fbem-16438	85	78	the	the	DET
fbem-16438	85	79	total	total	ADJ
fbem-16438	85	80	amount	amount	NOUN
fbem-16438	85	81	of	of	ADP
fbem-16438	85	82	news	news	NOUN
fbem-16438	85	83	showed	show	VERB
fbem-16438	85	84	an	an	DET
fbem-16438	85	85	upward	upward	ADJ
fbem-16438	85	86	and	and	CCONJ
fbem-16438	85	87	then	then	ADV
fbem-16438	85	88	downward	downward	ADJ
fbem-16438	85	89	trend	trend	NOUN
fbem-16438	85	90	,	,	PUNCT
fbem-16438	85	91	and	and	CCONJ
fbem-16438	85	92	by	by	ADP
fbem-16438	85	93	2021	2021	NUM
fbem-16438	85	94	the	the	DET
fbem-16438	85	95	total	total	ADJ
fbem-16438	85	96	amount	amount	NOUN
fbem-16438	85	97	of	of	ADP
fbem-16438	85	98	news	news	NOUN
fbem-16438	85	99	was	be	AUX
fbem-16438	85	100	basically	basically	ADV
fbem-16438	85	101	the	the	DET
fbem-16438	85	102	same	same	ADJ
fbem-16438	85	103	as	as	ADP
fbem-16438	85	104	in	in	ADP
fbem-16438	85	105	2010	2010	NUM
fbem-16438	85	106	,	,	PUNCT
fbem-16438	85	107	the	the	DET
fbem-16438	85	108	positive	positive	ADJ
fbem-16438	85	109	reporting	reporting	NOUN
fbem-16438	85	110	tendency	tendency	NOUN
fbem-16438	85	111	(	(	PUNCT
fbem-16438	85	112	pct	pct	NOUN
fbem-16438	85	113	)	)	PUNCT
fbem-16438	85	114	was	be	AUX
fbem-16438	85	115	generally	generally	ADV
fbem-16438	85	116	on	on	ADP
fbem-16438	85	117	the	the	DET
fbem-16438	85	118	rise	rise	NOUN
fbem-16438	85	119	,	,	PUNCT
fbem-16438	85	120	although	although	SCONJ
fbem-16438	85	121	there	there	PRON
fbem-16438	85	122	were	be	VERB
fbem-16438	85	123	some	some	DET
fbem-16438	85	124	ups	up	NOUN
fbem-16438	85	125	and	and	CCONJ
fbem-16438	85	126	downs	down	NOUN
fbem-16438	85	127	in	in	ADP
fbem-16438	85	128	some	some	DET
fbem-16438	85	129	individual	individual	ADJ
fbem-16438	85	130	years	year	NOUN
fbem-16438	85	131	,	,	PUNCT
fbem-16438	85	132	but	but	CCONJ
fbem-16438	85	133	it	it	PRON
fbem-16438	85	134	was	be	AUX
fbem-16438	85	135	still	still	ADV
fbem-16438	85	136	in	in	ADP
fbem-16438	85	137	the	the	DET
fbem-16438	85	138	range	range	NOUN
fbem-16438	85	139	of	of	ADP
fbem-16438	85	140	30	30	NUM
fbem-16438	85	141	-	-	SYM
fbem-16438	85	142	40	40	NUM
fbem-16438	85	143	%	%	NOUN
fbem-16438	85	144	,	,	PUNCT
fbem-16438	85	145	and	and	CCONJ
fbem-16438	85	146	did	do	AUX
fbem-16438	85	147	not	not	PART
fbem-16438	85	148	show	show	VERB
fbem-16438	85	149	any	any	DET
fbem-16438	85	150	significant	significant	ADJ
fbem-16438	85	151	increase	increase	NOUN
fbem-16438	85	152	,	,	PUNCT
fbem-16438	85	153	and	and	CCONJ
fbem-16438	85	154	the	the	DET
fbem-16438	85	155	number	number	NOUN
fbem-16438	85	156	of	of	ADP
fbem-16438	85	157	negative	negative	ADJ
fbem-16438	85	158	media	medium	NOUN
fbem-16438	85	159	reports	report	NOUN
fbem-16438	85	160	generally	generally	ADV
fbem-16438	85	161	declined	decline	VERB
fbem-16438	85	162	.	.	PUNCT
fbem-16438	86	1	the	the	DET
fbem-16438	86	2	period	period	NOUN
fbem-16438	86	3	of	of	ADP
fbem-16438	86	4	2019	2019	NUM
fbem-16438	86	5	-	-	SYM
fbem-16438	86	6	2020	2020	NUM
fbem-16438	86	7	saw	see	VERB
fbem-16438	86	8	the	the	DET
fbem-16438	86	9	highest	high	ADJ
fbem-16438	86	10	propensity	propensity	NOUN
fbem-16438	86	11	for	for	ADP
fbem-16438	86	12	positive	positive	ADJ
fbem-16438	86	13	media	medium	NOUN
fbem-16438	86	14	coverage	coverage	NOUN
fbem-16438	86	15	and	and	CCONJ
fbem-16438	86	16	the	the	DET
fbem-16438	86	17	lowest	low	ADJ
fbem-16438	86	18	negative	negative	ADJ
fbem-16438	86	19	media	medium	NOUN
fbem-16438	86	20	coverage	coverage	NOUN
fbem-16438	86	21	,	,	PUNCT
fbem-16438	86	22	probably	probably	ADV
fbem-16438	86	23	due	due	ADP
fbem-16438	86	24	to	to	ADP
fbem-16438	86	25	the	the	DET
fbem-16438	86	26	impact	impact	NOUN
fbem-16438	86	27	of	of	ADP
fbem-16438	86	28	the	the	DET
fbem-16438	86	29	epidemic	epidemic	NOUN
fbem-16438	86	30	at	at	ADP
fbem-16438	86	31	that	that	DET
fbem-16438	86	32	time	time	NOUN
fbem-16438	86	33	,	,	PUNCT
fbem-16438	86	34	when	when	SCONJ
fbem-16438	86	35	the	the	DET
fbem-16438	86	36	media	medium	NOUN
fbem-16438	86	37	needed	need	VERB
fbem-16438	86	38	positive	positive	ADJ
fbem-16438	86	39	statements	statement	NOUN
fbem-16438	86	40	to	to	PART
fbem-16438	86	41	inspire	inspire	VERB
fbem-16438	86	42	the	the	DET
fbem-16438	86	43	market	market	NOUN
fbem-16438	86	44	.	.	PUNCT
fbem-16438	87	1	(	(	PUNCT
fbem-16438	87	2	2	2	X
fbem-16438	87	3	)	)	PUNCT
fbem-16438	87	4	the	the	DET
fbem-16438	87	5	impact	impact	NOUN
fbem-16438	87	6	of	of	ADP
fbem-16438	87	7	media	medium	NOUN
fbem-16438	87	8	-	-	PUNCT
fbem-16438	87	9	related	relate	VERB
fbem-16438	87	10	directors	director	NOUN
fbem-16438	87	11	on	on	ADP
fbem-16438	87	12	financing	finance	VERB
fbem-16438	87	13	to	to	PART
fbem-16438	87	14	test	test	VERB
fbem-16438	87	15	hypothesis	hypothesis	NOUN
fbem-16438	87	16	1	1	NUM
fbem-16438	87	17	,	,	PUNCT
fbem-16438	87	18	we	we	PRON
fbem-16438	87	19	conducted	conduct	VERB
fbem-16438	87	20	the	the	DET
fbem-16438	87	21	corresponding	correspond	VERB
fbem-16438	87	22	empirical	empirical	ADJ
fbem-16438	87	23	tests	test	NOUN
fbem-16438	87	24	for	for	ADP
fbem-16438	87	25	model	model	NOUN
fbem-16438	87	26	1	1	NUM
fbem-16438	87	27	,	,	PUNCT
fbem-16438	87	28	and	and	CCONJ
fbem-16438	87	29	the	the	DET
fbem-16438	87	30	results	result	NOUN
fbem-16438	87	31	are	be	AUX
fbem-16438	87	32	detailed	detail	VERB
fbem-16438	87	33	in	in	ADP
fbem-16438	87	34	table	table	NOUN
fbem-16438	87	35	3	3	NUM
fbem-16438	87	36	.	.	PUNCT
fbem-16438	88	1	the	the	DET
fbem-16438	88	2	regression	regression	NOUN
fbem-16438	88	3	shows	show	VERB
fbem-16438	88	4	that	that	SCONJ
fbem-16438	88	5	,	,	PUNCT
fbem-16438	88	6	controlling	control	VERB
fbem-16438	88	7	for	for	ADP
fbem-16438	88	8	other	other	ADJ
fbem-16438	88	9	relevant	relevant	ADJ
fbem-16438	88	10	variables	variable	NOUN
fbem-16438	88	11	,	,	PUNCT
fbem-16438	88	12	media	medium	NOUN
fbem-16438	88	13	-	-	PUNCT
fbem-16438	88	14	linked	link	VERB
fbem-16438	88	15	directors	director	NOUN
fbem-16438	88	16	(	(	PUNCT
fbem-16438	88	17	mlds	mld	NOUN
fbem-16438	88	18	)	)	PUNCT
fbem-16438	88	19	have	have	VERB
fbem-16438	88	20	a	a	DET
fbem-16438	88	21	significant	significant	ADJ
fbem-16438	88	22	positive	positive	ADJ
fbem-16438	88	23	effect	effect	NOUN
fbem-16438	88	24	on	on	ADP
fbem-16438	88	25	the	the	DET
fbem-16438	88	26	logarithm	logarithm	NOUN
fbem-16438	88	27	of	of	ADP
fbem-16438	88	28	total	total	ADJ
fbem-16438	88	29	equity	equity	NOUN
fbem-16438	88	30	(	(	PUNCT
fbem-16438	88	31	gb	gb	NOUN
fbem-16438	88	32	)	)	PUNCT
fbem-16438	88	33	,	,	PUNCT
fbem-16438	89	1	bond	bond	NOUN
fbem-16438	89	2	financing	financing	NOUN
fbem-16438	89	3	(	(	PUNCT
fbem-16438	89	4	zr	zr	NOUN
fbem-16438	89	5	)	)	PUNCT
fbem-16438	89	6	,	,	PUNCT
fbem-16438	89	7	and	and	CCONJ
fbem-16438	89	8	bond	bond	NOUN
fbem-16438	89	9	financing	financing	NOUN
fbem-16438	89	10	,	,	PUNCT
fbem-16438	89	11	with	with	ADP
fbem-16438	89	12	difference	difference	NOUN
fbem-16438	89	13	-	-	PUNCT
fbem-16438	89	14	intercept	intercept	NOUN
fbem-16438	89	15	coefficients	coefficient	NOUN
fbem-16438	89	16	of	of	ADP
fbem-16438	89	17	1.95	1.95	NUM
fbem-16438	89	18	,	,	PUNCT
fbem-16438	89	19	62.88	62.88	NUM
fbem-16438	89	20	,	,	PUNCT
fbem-16438	89	21	and	and	CCONJ
fbem-16438	89	22	0.015	0.015	NUM
fbem-16438	89	23	,	,	PUNCT
fbem-16438	89	24	respectively	respectively	ADV
fbem-16438	89	25	,	,	PUNCT
fbem-16438	89	26	and	and	CCONJ
fbem-16438	89	27	all	all	PRON
fbem-16438	89	28	are	be	AUX
fbem-16438	89	29	significant	significant	ADJ
fbem-16438	89	30	at	at	ADP
fbem-16438	89	31	the	the	DET
fbem-16438	89	32	10	10	NUM
fbem-16438	89	33	percent	percent	NOUN
fbem-16438	89	34	level	level	NOUN
fbem-16438	89	35	of	of	ADP
fbem-16438	89	36	significance	significance	NOUN
fbem-16438	89	37	.	.	PUNCT
fbem-16438	90	1	media	medium	NOUN
fbem-16438	90	2	-	-	PUNCT
fbem-16438	90	3	affiliated	affiliate	VERB
fbem-16438	90	4	directors	director	NOUN
fbem-16438	90	5	have	have	VERB
fbem-16438	90	6	a	a	DET
fbem-16438	90	7	significant	significant	ADJ
fbem-16438	90	8	negative	negative	ADJ
fbem-16438	90	9	impact	impact	NOUN
fbem-16438	90	10	on	on	ADP
fbem-16438	90	11	bank	bank	NOUN
fbem-16438	90	12	loan	loan	NOUN
fbem-16438	90	13	financing	financing	NOUN
fbem-16438	90	14	as	as	ADV
fbem-16438	90	15	well	well	ADV
fbem-16438	90	16	as	as	ADP
fbem-16438	90	17	the	the	DET
fbem-16438	90	18	size	size	NOUN
fbem-16438	90	19	and	and	CCONJ
fbem-16438	90	20	maturity	maturity	NOUN
fbem-16438	90	21	of	of	ADP
fbem-16438	90	22	bank	bank	NOUN
fbem-16438	90	23	borrowings	borrowing	NOUN
fbem-16438	90	24	,	,	PUNCT
fbem-16438	90	25	with	with	ADP
fbem-16438	90	26	differential	differential	ADJ
fbem-16438	90	27	intercept	intercept	NOUN
fbem-16438	90	28	coefficients	coefficient	NOUN
fbem-16438	90	29	of	of	ADP
fbem-16438	90	30	-0.008	-0.008	NOUN
fbem-16438	90	31	,	,	PUNCT
fbem-16438	90	32	-0.172	-0.172	PRON
fbem-16438	90	33	and	and	CCONJ
fbem-16438	90	34	-0.08	-0.08	NUM
fbem-16438	90	35	,	,	PUNCT
fbem-16438	90	36	respectively	respectively	ADV
fbem-16438	90	37	,	,	PUNCT
fbem-16438	90	38	and	and	CCONJ
fbem-16438	90	39	all	all	PRON
fbem-16438	90	40	are	be	AUX
fbem-16438	90	41	significant	significant	ADJ
fbem-16438	90	42	at	at	ADP
fbem-16438	90	43	the	the	DET
fbem-16438	90	44	10	10	NUM
fbem-16438	90	45	%	%	NOUN
fbem-16438	90	46	level	level	NOUN
fbem-16438	90	47	.	.	PUNCT
fbem-16438	91	1	this	this	PRON
fbem-16438	91	2	shows	show	VERB
fbem-16438	91	3	that	that	SCONJ
fbem-16438	91	4	mediaaffiliated	mediaaffiliate	VERB
fbem-16438	91	5	boards	board	NOUN
fbem-16438	91	6	of	of	ADP
fbem-16438	91	7	directors	director	NOUN
fbem-16438	91	8	alleviate	alleviate	VERB
fbem-16438	91	9	firms	firm	NOUN
fbem-16438	91	10	'	'	PART
fbem-16438	91	11	financing	financing	NOUN
fbem-16438	91	12	constraints	constraint	NOUN
fbem-16438	91	13	,	,	PUNCT
fbem-16438	91	14	facilitate	facilitate	NOUN
fbem-16438	91	15	firms	firm	NOUN
fbem-16438	91	16	'	'	PART
fbem-16438	91	17	stock	stock	NOUN
fbem-16438	91	18	and	and	CCONJ
fbem-16438	91	19	bond	bond	NOUN
fbem-16438	91	20	financing	financing	NOUN
fbem-16438	91	21	,	,	PUNCT
fbem-16438	91	22	and	and	CCONJ
fbem-16438	91	23	induce	induce	VERB
fbem-16438	91	24	firms	firm	NOUN
fbem-16438	91	25	to	to	PART
fbem-16438	91	26	reduce	reduce	VERB
fbem-16438	91	27	indirect	indirect	ADJ
fbem-16438	91	28	forms	form	NOUN
fbem-16438	91	29	of	of	ADP
fbem-16438	91	30	financing	financing	NOUN
fbem-16438	91	31	,	,	PUNCT
fbem-16438	91	32	such	such	ADJ
fbem-16438	91	33	as	as	ADP
fbem-16438	91	34	bank	bank	NOUN
fbem-16438	91	35	loans	loan	NOUN
fbem-16438	91	36	,	,	PUNCT
fbem-16438	91	37	and	and	CCONJ
fbem-16438	91	38	shift	shift	VERB
fbem-16438	91	39	to	to	ADP
fbem-16438	91	40	stock	stock	NOUN
fbem-16438	91	41	as	as	ADV
fbem-16438	91	42	well	well	ADV
fbem-16438	91	43	as	as	ADP
fbem-16438	91	44	bond	bond	NOUN
fbem-16438	91	45	financing	financing	NOUN
fbem-16438	91	46	,	,	PUNCT
fbem-16438	91	47	which	which	PRON
fbem-16438	91	48	are	be	AUX
fbem-16438	91	49	less	less	ADV
fbem-16438	91	50	supervised	supervised	ADJ
fbem-16438	91	51	.	.	PUNCT
fbem-16438	92	1	that	that	PRON
fbem-16438	92	2	is	be	AUX
fbem-16438	92	3	,	,	PUNCT
fbem-16438	92	4	hypotheses	hypothesis	NOUN
fbem-16438	92	5	1a	1a	NOUN
fbem-16438	92	6	,	,	PUNCT
fbem-16438	92	7	1b	1b	NUM
fbem-16438	92	8	and	and	CCONJ
fbem-16438	92	9	1c	1c	NOUN
fbem-16438	92	10	hold.the	hold.the	DET
fbem-16438	92	11	empirical	empirical	ADJ
fbem-16438	92	12	results	result	NOUN
fbem-16438	92	13	are	be	AUX
fbem-16438	92	14	shown	show	VERB
fbem-16438	92	15	in	in	ADP
fbem-16438	92	16	table	table	NOUN
fbem-16438	92	17	7	7	NUM
fbem-16438	92	18	.	.	NOUN
fbem-16438	93	1	46	46	NUM
fbem-16438	93	2	table	table	NOUN
fbem-16438	93	3	7	7	NUM
fbem-16438	93	4	.	.	PUNCT
fbem-16438	93	5	model	model	NOUN
fbem-16438	93	6	(	(	PUNCT
fbem-16438	93	7	1	1	X
fbem-16438	93	8	)	)	PUNCT
fbem-16438	93	9	regression	regression	NOUN
fbem-16438	93	10	results	result	VERB
fbem-16438	93	11	variable	variable	ADJ
fbem-16438	93	12	name	name	NOUN
fbem-16438	93	13	(	(	PUNCT
fbem-16438	93	14	1	1	NUM
fbem-16438	93	15	)	)	PUNCT
fbem-16438	93	16	(	(	PUNCT
fbem-16438	93	17	2	2	NUM
fbem-16438	93	18	)	)	PUNCT
fbem-16438	93	19	(	(	PUNCT
fbem-16438	93	20	3	3	X
fbem-16438	93	21	)	)	PUNCT
fbem-16438	93	22	(	(	PUNCT
fbem-16438	93	23	4	4	NUM
fbem-16438	93	24	)	)	PUNCT
fbem-16438	93	25	(	(	PUNCT
fbem-16438	93	26	5	5	NUM
fbem-16438	93	27	)	)	PUNCT
fbem-16438	93	28	(	(	PUNCT
fbem-16438	93	29	6	6	X
fbem-16438	93	30	)	)	PUNCT
fbem-16438	93	31	total	total	ADJ
fbem-16438	93	32	equity	equity	NOUN
fbem-16438	93	33	bond	bond	NOUN
fbem-16438	93	34	financing	financing	NOUN
fbem-16438	93	35	loan	loan	NOUN
fbem-16438	93	36	matu	matu	NOUN
fbem-16438	93	37	logarithm	logarithm	NOUN
fbem-16438	93	38	of	of	ADP
fbem-16438	93	39	bond	bond	NOUN
fbem-16438	93	40	financing	financing	NOUN
fbem-16438	93	41	bank	bank	NOUN
fbem-16438	93	42	loan	loan	NOUN
fbem-16438	93	43	financing	financing	NOUN
fbem-16438	93	44	mld	mld	NOUN
fbem-16438	93	45	1.95	1.95	NUM
fbem-16438	93	46	*	*	PUNCT
fbem-16438	93	47	*	*	PUNCT
fbem-16438	93	48	*	*	PUNCT
fbem-16438	94	1	50.72	50.72	NUM
fbem-16438	94	2	*	*	PUNCT
fbem-16438	94	3	*	*	PUNCT
fbem-16438	94	4	*	*	PUNCT
fbem-16438	94	5	-0.172	-0.172	PRON
fbem-16438	94	6	*	*	PUNCT
fbem-16438	94	7	-0.008	-0.008	NOUN
fbem-16438	94	8	*	*	PUNCT
fbem-16438	94	9	*	*	PUNCT
fbem-16438	94	10	*	*	PUNCT
fbem-16438	95	1	0.015	0.015	NUM
fbem-16438	95	2	*	*	PUNCT
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fbem-16438	95	4	*	*	PUNCT
fbem-16438	95	5	*	*	PUNCT
fbem-16438	95	6	*	*	PUNCT
fbem-16438	95	7	(	(	PUNCT
fbem-16438	95	8	6.90	6.90	NUM
fbem-16438	95	9	)	)	PUNCT
fbem-16438	95	10	(	(	PUNCT
fbem-16438	95	11	4.79	4.79	NUM
fbem-16438	95	12	)	)	PUNCT
fbem-16438	95	13	(	(	PUNCT
fbem-16438	95	14	-1.74	-1.74	X
fbem-16438	95	15	)	)	PUNCT
fbem-16438	95	16	(	(	PUNCT
fbem-16438	95	17	-3.31	-3.31	NOUN
fbem-16438	95	18	)	)	PUNCT
fbem-16438	95	19	(	(	PUNCT
fbem-16438	95	20	1.66	1.66	NUM
fbem-16438	95	21	)	)	PUNCT
fbem-16438	95	22	(	(	PUNCT
fbem-16438	95	23	-2.80	-2.80	X
fbem-16438	95	24	)	)	PUNCT
fbem-16438	95	25	lev	lev	NOUN
fbem-16438	95	26	0.23	0.23	NUM
fbem-16438	95	27	*	*	PUNCT
fbem-16438	95	28	*	*	PUNCT
fbem-16438	95	29	*	*	PUNCT
fbem-16438	95	30	0.77	0.77	NUM
fbem-16438	95	31	0.013	0.013	NUM
fbem-16438	95	32	0.0007	0.0007	NUM
fbem-16438	95	33	*	*	PUNCT
fbem-16438	95	34	0.003	0.003	NUM
fbem-16438	95	35	*	*	PUNCT
fbem-16438	95	36	*	*	X
fbem-16438	95	37	0.0005	0.0005	NUM
fbem-16438	95	38	(	(	PUNCT
fbem-16438	95	39	5.10	5.10	NUM
fbem-16438	95	40	)	)	PUNCT
fbem-16438	95	41	(	(	PUNCT
fbem-16438	95	42	0.48	0.48	NUM
fbem-16438	95	43	)	)	PUNCT
fbem-16438	95	44	(	(	PUNCT
fbem-16438	95	45	0.68	0.68	NUM
fbem-16438	95	46	)	)	PUNCT
fbem-16438	95	47	(	(	PUNCT
fbem-16438	95	48	1.83	1.83	NUM
fbem-16438	95	49	)	)	PUNCT
fbem-16438	95	50	(	(	PUNCT
fbem-16438	95	51	2.03	2.03	NUM
fbem-16438	95	52	)	)	PUNCT
fbem-16438	95	53	(	(	PUNCT
fbem-16438	95	54	0.93	0.93	NUM
fbem-16438	95	55	)	)	PUNCT
fbem-16438	95	56	aar	aar	NOUN
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fbem-16438	95	58	*	*	PUNCT
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fbem-16438	96	7	*	*	PUNCT
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fbem-16438	96	9	-0.069	-0.069	PUNCT
fbem-16438	96	10	0.016	0.016	NUM
fbem-16438	96	11	(	(	PUNCT
fbem-16438	96	12	2.71	2.71	NUM
fbem-16438	96	13	)	)	PUNCT
fbem-16438	96	14	(	(	PUNCT
fbem-16438	96	15	-4.29	-4.29	NOUN
fbem-16438	96	16	)	)	PUNCT
fbem-16438	96	17	(	(	PUNCT
fbem-16438	96	18	-8.49	-8.49	NOUN
fbem-16438	96	19	)	)	PUNCT
fbem-16438	96	20	(	(	PUNCT
fbem-16438	96	21	-1.48	-1.48	NOUN
fbem-16438	96	22	)	)	PUNCT
fbem-16438	96	23	(	(	PUNCT
fbem-16438	96	24	1.04	1.04	NUM
fbem-16438	96	25	)	)	PUNCT
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fbem-16438	96	28	*	*	PUNCT
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fbem-16438	96	30	*	*	X
fbem-16438	96	31	30.01	30.01	NUM
fbem-16438	96	32	-10.01	-10.01	NUM
fbem-16438	96	33	-0.32	-0.32	VERB
fbem-16438	96	34	*	*	PROPN
fbem-16438	96	35	*	*	PUNCT
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fbem-16438	96	41	(	(	PUNCT
fbem-16438	96	42	2.13	2.13	NUM
fbem-16438	96	43	)	)	PUNCT
fbem-16438	96	44	(	(	PUNCT
fbem-16438	96	45	0.28	0.28	NUM
fbem-16438	96	46	)	)	PUNCT
fbem-16438	96	47	(	(	PUNCT
fbem-16438	96	48	-10.36	-10.36	PROPN
fbem-16438	96	49	)	)	PUNCT
fbem-16438	96	50	(	(	PUNCT
fbem-16438	96	51	-13.09	-13.09	PROPN
fbem-16438	96	52	)	)	PUNCT
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fbem-16438	96	55	)	)	PUNCT
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fbem-16438	96	57	-2.39	-2.39	PROPN
fbem-16438	96	58	)	)	PUNCT
fbem-16438	96	59	lnb	lnb	NOUN
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fbem-16438	96	61	*	*	NOUN
fbem-16438	96	62	*	*	PUNCT
fbem-16438	96	63	*	*	PUNCT
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fbem-16438	96	69	*	*	PUNCT
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fbem-16438	96	71	*	*	PUNCT
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fbem-16438	97	2	*	*	PUNCT
fbem-16438	97	3	*	*	PUNCT
fbem-16438	97	4	*	*	PUNCT
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fbem-16438	97	9	(	(	PUNCT
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fbem-16438	97	12	(	(	PUNCT
fbem-16438	97	13	-17.31	-17.31	PROPN
fbem-16438	97	14	)	)	PUNCT
fbem-16438	97	15	(	(	PUNCT
fbem-16438	97	16	-9.78	-9.78	NUM
fbem-16438	97	17	)	)	PUNCT
fbem-16438	97	18	(	(	PUNCT
fbem-16438	97	19	-82.07	-82.07	NUM
fbem-16438	97	20	)	)	PUNCT
fbem-16438	97	21	(	(	PUNCT
fbem-16438	97	22	2.52	2.52	NUM
fbem-16438	97	23	)	)	PUNCT
fbem-16438	97	24	(	(	PUNCT
fbem-16438	97	25	-0.13	-0.13	X
fbem-16438	97	26	)	)	PUNCT
fbem-16438	97	27	lnfb	lnfb	NOUN
fbem-16438	97	28	0.63	0.63	NUM
fbem-16438	97	29	*	*	PUNCT
fbem-16438	97	30	*	*	PUNCT
fbem-16438	97	31	*	*	PUNCT
fbem-16438	98	1	168.93	168.93	NUM
fbem-16438	98	2	*	*	PUNCT
fbem-16438	98	3	*	*	PUNCT
fbem-16438	98	4	*	*	PUNCT
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fbem-16438	98	6	*	*	PUNCT
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fbem-16438	98	10	*	*	PUNCT
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fbem-16438	98	19	(	(	PUNCT
fbem-16438	98	20	5.18	5.18	NUM
fbem-16438	98	21	)	)	PUNCT
fbem-16438	98	22	(	(	PUNCT
fbem-16438	98	23	44.50	44.50	NUM
fbem-16438	98	24	)	)	PUNCT
fbem-16438	98	25	(	(	PUNCT
fbem-16438	98	26	-5.61	-5.61	NOUN
fbem-16438	98	27	)	)	PUNCT
fbem-16438	98	28	(	(	PUNCT
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fbem-16438	98	30	)	)	PUNCT
fbem-16438	98	31	(	(	PUNCT
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fbem-16438	98	33	)	)	PUNCT
fbem-16438	98	34	(	(	PUNCT
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fbem-16438	98	36	)	)	PUNCT
fbem-16438	98	37	mar	mar	PROPN
fbem-16438	98	38	0.000	0.000	NUM
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fbem-16438	98	43	0.000	0.000	NUM
fbem-16438	98	44	-0.000	-0.000	PRON
fbem-16438	98	45	(	(	PUNCT
fbem-16438	98	46	3.57	3.57	NUM
fbem-16438	98	47	)	)	PUNCT
fbem-16438	98	48	(	(	PUNCT
fbem-16438	98	49	-0.57	-0.57	NUM
fbem-16438	98	50	)	)	PUNCT
fbem-16438	98	51	(	(	PUNCT
fbem-16438	98	52	-0.74	-0.74	NUM
fbem-16438	98	53	)	)	PUNCT
fbem-16438	98	54	(	(	PUNCT
fbem-16438	98	55	-1.23	-1.23	X
fbem-16438	98	56	)	)	PUNCT
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fbem-16438	98	60	*	*	PUNCT
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fbem-16438	98	63	0.00002	0.00002	NUM
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fbem-16438	100	8	)	)	PUNCT
fbem-16438	100	9	(	(	PUNCT
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fbem-16438	100	11	)	)	PUNCT
fbem-16438	100	12	(	(	PUNCT
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fbem-16438	100	14	)	)	PUNCT
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fbem-16438	100	17	)	)	PUNCT
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fbem-16438	100	27	*	*	PUNCT
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fbem-16438	100	31	(	(	PUNCT
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fbem-16438	100	33	)	)	PUNCT
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fbem-16438	100	36	)	)	PUNCT
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fbem-16438	100	39	)	)	PUNCT
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fbem-16438	100	42	)	)	PUNCT
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fbem-16438	100	50	)	)	PUNCT
fbem-16438	100	51	(	(	PUNCT
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fbem-16438	100	53	)	)	PUNCT
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fbem-16438	100	56	)	)	PUNCT
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fbem-16438	100	64	media	medium	NOUN
fbem-16438	100	65	-	-	PUNCT
fbem-16438	100	66	linked	link	VERB
fbem-16438	100	67	directors	director	NOUN
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fbem-16438	100	75	news	news	NOUN
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fbem-16438	100	77	on	on	ADP
fbem-16438	100	78	financing	finance	VERB
fbem-16438	100	79	first	first	ADV
fbem-16438	100	80	,	,	PUNCT
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fbem-16438	100	82	2	2	NUM
fbem-16438	100	83	,	,	PUNCT
fbem-16438	100	84	which	which	PRON
fbem-16438	100	85	is	be	AUX
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fbem-16438	100	88	of	of	ADP
fbem-16438	100	89	media	medium	NOUN
fbem-16438	100	90	-	-	PUNCT
fbem-16438	100	91	linked	link	VERB
fbem-16438	100	92	directors	director	NOUN
fbem-16438	100	93	on	on	ADP
fbem-16438	100	94	total	total	ADJ
fbem-16438	100	95	media	medium	NOUN
fbem-16438	100	96	coverage	coverage	NOUN
fbem-16438	100	97	as	as	ADV
fbem-16438	100	98	well	well	ADV
fbem-16438	100	99	as	as	ADP
fbem-16438	100	100	propensity	propensity	NOUN
fbem-16438	100	101	to	to	PART
fbem-16438	100	102	report	report	VERB
fbem-16438	100	103	positively	positively	ADV
fbem-16438	100	104	,	,	PUNCT
fbem-16438	100	105	was	be	AUX
fbem-16438	100	106	tested	test	VERB
fbem-16438	100	107	based	base	VERB
fbem-16438	100	108	on	on	ADP
fbem-16438	100	109	model	model	NOUN
fbem-16438	100	110	(	(	PUNCT
fbem-16438	100	111	2	2	NUM
fbem-16438	100	112	)	)	PUNCT
fbem-16438	100	113	,	,	PUNCT
fbem-16438	100	114	and	and	CCONJ
fbem-16438	100	115	the	the	DET
fbem-16438	100	116	results	result	NOUN
fbem-16438	100	117	are	be	AUX
fbem-16438	100	118	detailed	detail	VERB
fbem-16438	100	119	in	in	ADP
fbem-16438	100	120	table	table	NOUN
fbem-16438	100	121	4.the	4.the	DET
fbem-16438	100	122	regression	regression	NOUN
fbem-16438	100	123	shows	show	VERB
fbem-16438	100	124	that	that	SCONJ
fbem-16438	100	125	,	,	PUNCT
fbem-16438	100	126	controlling	control	VERB
fbem-16438	100	127	for	for	ADP
fbem-16438	100	128	the	the	DET
fbem-16438	100	129	other	other	ADJ
fbem-16438	100	130	relevant	relevant	ADJ
fbem-16438	100	131	variables	variable	NOUN
fbem-16438	100	132	,	,	PUNCT
fbem-16438	100	133	media	medium	NOUN
fbem-16438	100	134	-	-	PUNCT
fbem-16438	100	135	linked	link	VERB
fbem-16438	100	136	directors	director	NOUN
fbem-16438	100	137	(	(	PUNCT
fbem-16438	100	138	mlds	mld	NOUN
fbem-16438	100	139	)	)	PUNCT
fbem-16438	100	140	have	have	VERB
fbem-16438	100	141	a	a	DET
fbem-16438	100	142	significant	significant	ADJ
fbem-16438	100	143	positive	positive	ADJ
fbem-16438	100	144	effect	effect	NOUN
fbem-16438	100	145	on	on	ADP
fbem-16438	100	146	total	total	ADJ
fbem-16438	100	147	media	medium	NOUN
fbem-16438	100	148	coverage	coverage	NOUN
fbem-16438	100	149	(	(	PUNCT
fbem-16438	100	150	mc	mc	NOUN
fbem-16438	100	151	)	)	PUNCT
fbem-16438	100	152	as	as	ADV
fbem-16438	100	153	well	well	ADV
fbem-16438	100	154	as	as	ADP
fbem-16438	100	155	propensity	propensity	NOUN
fbem-16438	100	156	to	to	PART
fbem-16438	100	157	report	report	VERB
fbem-16438	100	158	positively	positively	ADV
fbem-16438	100	159	(	(	PUNCT
fbem-16438	100	160	pct	pct	NOUN
fbem-16438	100	161	)	)	PUNCT
fbem-16438	100	162	,	,	PUNCT
fbem-16438	100	163	with	with	ADP
fbem-16438	100	164	differential	differential	ADJ
fbem-16438	100	165	intercept	intercept	NOUN
fbem-16438	100	166	coefficients	coefficient	NOUN
fbem-16438	100	167	of	of	ADP
fbem-16438	100	168	1.95	1.95	NUM
fbem-16438	100	169	,	,	PUNCT
fbem-16438	100	170	62.88	62.88	NUM
fbem-16438	100	171	and	and	CCONJ
fbem-16438	100	172	0.015	0.015	NUM
fbem-16438	100	173	,	,	PUNCT
fbem-16438	100	174	and	and	CCONJ
fbem-16438	100	175	all	all	PRON
fbem-16438	100	176	are	be	AUX
fbem-16438	100	177	significant	significant	ADJ
fbem-16438	100	178	at	at	ADP
fbem-16438	100	179	the	the	DET
fbem-16438	100	180	10	10	NUM
fbem-16438	100	181	%	%	NOUN
fbem-16438	100	182	level.the	level.the	DET
fbem-16438	100	183	empirical	empirical	ADJ
fbem-16438	100	184	results	result	NOUN
fbem-16438	100	185	are	be	AUX
fbem-16438	100	186	shown	show	VERB
fbem-16438	100	187	in	in	ADP
fbem-16438	100	188	table	table	NOUN
fbem-16438	100	189	2	2	NUM
fbem-16438	100	190	.	.	PUNCT
fbem-16438	100	191	(	(	PUNCT
fbem-16438	100	192	4	4	X
fbem-16438	100	193	)	)	PUNCT
fbem-16438	100	194	robustness	robustness	NOUN
fbem-16438	100	195	check	check	NOUN
fbem-16438	100	196	in	in	ADP
fbem-16438	100	197	order	order	NOUN
fbem-16438	100	198	to	to	PART
fbem-16438	100	199	test	test	VERB
fbem-16438	100	200	the	the	DET
fbem-16438	100	201	robustness	robustness	NOUN
fbem-16438	100	202	of	of	ADP
fbem-16438	100	203	the	the	DET
fbem-16438	100	204	above	above	ADJ
fbem-16438	100	205	findings	finding	NOUN
fbem-16438	100	206	,	,	PUNCT
fbem-16438	100	207	this	this	DET
fbem-16438	100	208	paper	paper	NOUN
fbem-16438	100	209	also	also	ADV
fbem-16438	100	210	uses	use	VERB
fbem-16438	100	211	the	the	DET
fbem-16438	100	212	lagged	lag	VERB
fbem-16438	100	213	first	first	ADJ
fbem-16438	100	214	order	order	NOUN
fbem-16438	100	215	of	of	ADP
fbem-16438	100	216	mld	mld	PROPN
fbem-16438	100	217	as	as	ADP
fbem-16438	100	218	the	the	DET
fbem-16438	100	219	dependent	dependent	ADJ
fbem-16438	100	220	variable	variable	NOUN
fbem-16438	100	221	because	because	SCONJ
fbem-16438	100	222	media	medium	NOUN
fbem-16438	100	223	-	-	PUNCT
fbem-16438	100	224	linked	link	VERB
fbem-16438	100	225	directors	director	NOUN
fbem-16438	100	226	play	play	VERB
fbem-16438	100	227	a	a	DET
fbem-16438	100	228	role	role	NOUN
fbem-16438	100	229	in	in	ADP
fbem-16438	100	230	media	medium	NOUN
fbem-16438	100	231	coverage	coverage	NOUN
fbem-16438	100	232	,	,	PUNCT
fbem-16438	100	233	often	often	ADV
fbem-16438	100	234	with	with	ADP
fbem-16438	100	235	a	a	DET
fbem-16438	100	236	time	time	NOUN
fbem-16438	100	237	lag	lag	NOUN
fbem-16438	100	238	,	,	PUNCT
fbem-16438	100	239	so	so	SCONJ
fbem-16438	100	240	this	this	DET
fbem-16438	100	241	paper	paper	NOUN
fbem-16438	100	242	uses	use	VERB
fbem-16438	100	243	the	the	DET
fbem-16438	100	244	lagged	lag	VERB
fbem-16438	100	245	first	first	ADJ
fbem-16438	100	246	order	order	NOUN
fbem-16438	100	247	of	of	ADP
fbem-16438	100	248	the	the	DET
fbem-16438	100	249	explanatory	explanatory	ADJ
fbem-16438	100	250	variables	variable	NOUN
fbem-16438	100	251	to	to	PART
fbem-16438	100	252	test	test	VERB
fbem-16438	100	253	the	the	DET
fbem-16438	100	254	robustness	robustness	NOUN
fbem-16438	100	255	,	,	PUNCT
fbem-16438	100	256	and	and	CCONJ
fbem-16438	100	257	the	the	DET
fbem-16438	100	258	results	result	NOUN
fbem-16438	100	259	prove	prove	VERB
fbem-16438	100	260	that	that	SCONJ
fbem-16438	100	261	the	the	DET
fbem-16438	100	262	results	result	NOUN
fbem-16438	100	263	are	be	AUX
fbem-16438	100	264	still	still	ADV
fbem-16438	100	265	very	very	ADV
fbem-16438	100	266	significant.the	significant.the	DET
fbem-16438	100	267	empirical	empirical	ADJ
fbem-16438	100	268	results	result	NOUN
fbem-16438	100	269	are	be	AUX
fbem-16438	100	270	shown	show	VERB
fbem-16438	100	271	in	in	ADP
fbem-16438	100	272	table	table	NOUN
fbem-16438	100	273	8	8	NUM
fbem-16438	100	274	.	.	PUNCT
fbem-16438	100	275	table	table	NOUN
fbem-16438	100	276	8	8	NUM
fbem-16438	100	277	.	.	PUNCT
fbem-16438	101	1	robustness	robustness	NOUN
fbem-16438	101	2	test	test	NOUN
fbem-16438	101	3	regression	regression	NOUN
fbem-16438	101	4	results	result	VERB
fbem-16438	101	5	variable	variable	ADJ
fbem-16438	101	6	name	name	NOUN
fbem-16438	101	7	(	(	PUNCT
fbem-16438	101	8	1	1	NUM
fbem-16438	101	9	)	)	PUNCT
fbem-16438	101	10	(	(	PUNCT
fbem-16438	101	11	2	2	NUM
fbem-16438	101	12	)	)	PUNCT
fbem-16438	101	13	(	(	PUNCT
fbem-16438	101	14	3	3	X
fbem-16438	101	15	)	)	PUNCT
fbem-16438	101	16	(	(	PUNCT
fbem-16438	101	17	4	4	X
fbem-16438	101	18	)	)	PUNCT
fbem-16438	101	19	total	total	ADJ
fbem-16438	101	20	equity	equity	NOUN
fbem-16438	101	21	bond	bond	NOUN
fbem-16438	101	22	financing	financing	NOUN
fbem-16438	101	23	loan	loan	NOUN
fbem-16438	101	24	matu	matu	NOUN
fbem-16438	101	25	mldlag	mldlag	NOUN
fbem-16438	101	26	2.16	2.16	NUM
fbem-16438	101	27	*	*	PUNCT
fbem-16438	101	28	*	*	PUNCT
fbem-16438	101	29	*	*	PUNCT
fbem-16438	102	1	62.88	62.88	NUM
fbem-16438	102	2	*	*	PUNCT
fbem-16438	102	3	*	*	PUNCT
fbem-16438	102	4	*	*	PUNCT
fbem-16438	102	5	-0.11	-0.11	PROPN
fbem-16438	102	6	*	*	NOUN
fbem-16438	102	7	-0.01	-0.01	NUM
fbem-16438	102	8	*	*	PUNCT
fbem-16438	102	9	*	*	PUNCT
fbem-16438	102	10	*	*	PUNCT
fbem-16438	102	11	(	(	PUNCT
fbem-16438	102	12	6.01	6.01	NUM
fbem-16438	102	13	)	)	PUNCT
fbem-16438	102	14	(	(	PUNCT
fbem-16438	102	15	4.46	4.46	NUM
fbem-16438	102	16	)	)	PUNCT
fbem-16438	102	17	(	(	PUNCT
fbem-16438	102	18	-1.96	-1.96	NUM
fbem-16438	102	19	)	)	PUNCT
fbem-16438	102	20	(	(	PUNCT
fbem-16438	102	21	-3.96	-3.96	X
fbem-16438	102	22	)	)	PUNCT
fbem-16438	102	23	lev	lev	NOUN
fbem-16438	102	24	0.15	0.15	NUM
fbem-16438	102	25	*	*	PUNCT
fbem-16438	102	26	*	*	PUNCT
fbem-16438	102	27	*	*	NOUN
fbem-16438	102	28	0.20	0.20	NUM
fbem-16438	102	29	-0.008	-0.008	NUM
fbem-16438	102	30	0.0006	0.0006	NUM
fbem-16438	102	31	(	(	PUNCT
fbem-16438	102	32	3.10	3.10	NUM
fbem-16438	102	33	)	)	PUNCT
fbem-16438	102	34	(	(	PUNCT
fbem-16438	102	35	0.10	0.10	NUM
fbem-16438	102	36	)	)	PUNCT
fbem-16438	102	37	(	(	PUNCT
fbem-16438	102	38	-0.94	-0.94	NUM
fbem-16438	102	39	)	)	PUNCT
fbem-16438	102	40	(	(	PUNCT
fbem-16438	102	41	1.26	1.26	NUM
fbem-16438	102	42	)	)	PUNCT
fbem-16438	102	43	aar	aar	NOUN
fbem-16438	102	44	0.69	0.69	NUM
fbem-16438	102	45	-291.36	-291.36	NOUN
fbem-16438	102	46	*	*	PUNCT
fbem-16438	102	47	*	*	PUNCT
fbem-16438	102	48	*	*	X
fbem-16438	102	49	0.028	0.028	NUM
fbem-16438	102	50	-0.11	-0.11	NUM
fbem-16438	102	51	*	*	PUNCT
fbem-16438	102	52	*	*	PUNCT
fbem-16438	102	53	*	*	PUNCT
fbem-16438	102	54	(	(	PUNCT
fbem-16438	102	55	0.25	0.25	NUM
fbem-16438	102	56	)	)	PUNCT
fbem-16438	102	57	(	(	PUNCT
fbem-16438	102	58	-3.81	-3.81	X
fbem-16438	102	59	)	)	PUNCT
fbem-16438	102	60	(	(	PUNCT
fbem-16438	102	61	0.10	0.10	NUM
fbem-16438	102	62	)	)	PUNCT
fbem-16438	102	63	(	(	PUNCT
fbem-16438	102	64	-7.02	-7.02	NOUN
fbem-16438	102	65	)	)	PUNCT
fbem-16438	102	66	gar	gar	NOUN
fbem-16438	102	67	12.01	12.01	NUM
fbem-16438	102	68	*	*	PUNCT
fbem-16438	102	69	*	*	PUNCT
fbem-16438	102	70	*	*	X
fbem-16438	102	71	136.09	136.09	NUM
fbem-16438	102	72	-3.35	-3.35	NOUN
fbem-16438	102	73	*	*	NOUN
fbem-16438	102	74	*	*	PUNCT
fbem-16438	102	75	*	*	PUNCT
fbem-16438	102	76	-0.36	-0.36	NUM
fbem-16438	102	77	*	*	PUNCT
fbem-16438	102	78	*	*	PUNCT
fbem-16438	102	79	*	*	PUNCT
fbem-16438	102	80	(	(	PUNCT
fbem-16438	102	81	3.12	3.12	NUM
fbem-16438	102	82	)	)	PUNCT
fbem-16438	102	83	(	(	PUNCT
fbem-16438	102	84	0.89	0.89	NUM
fbem-16438	102	85	)	)	PUNCT
fbem-16438	102	86	(	(	PUNCT
fbem-16438	102	87	-5.21	-5.21	NOUN
fbem-16438	102	88	)	)	PUNCT
fbem-16438	102	89	(	(	PUNCT
fbem-16438	102	90	-10.77	-10.77	NOUN
fbem-16438	102	91	)	)	PUNCT
fbem-16438	102	92	lnb	lnb	NOUN
fbem-16438	102	93	-0.33	-0.33	NOUN
fbem-16438	102	94	*	*	PROPN
fbem-16438	102	95	*	*	PUNCT
fbem-16438	102	96	*	*	PUNCT
fbem-16438	102	97	-70.40	-70.40	X
fbem-16438	102	98	*	*	PUNCT
fbem-16438	102	99	*	*	PUNCT
fbem-16438	102	100	*	*	NOUN
fbem-16438	102	101	-0.17	-0.17	ADJ
fbem-16438	102	102	*	*	PUNCT
fbem-16438	102	103	*	*	NOUN
fbem-16438	102	104	*	*	PUNCT
fbem-16438	102	105	-0.073	-0.073	PUNCT
fbem-16438	102	106	*	*	PUNCT
fbem-16438	102	107	*	*	PUNCT
fbem-16438	102	108	*	*	PUNCT
fbem-16438	102	109	(	(	PUNCT
fbem-16438	102	110	-2.94	-2.94	NOUN
fbem-16438	102	111	)	)	PUNCT
fbem-16438	102	112	(	(	PUNCT
fbem-16438	102	113	-15.59	-15.59	NOUN
fbem-16438	102	114	)	)	PUNCT
fbem-16438	102	115	(	(	PUNCT
fbem-16438	102	116	-8.82	-8.82	NOUN
fbem-16438	102	117	)	)	PUNCT
fbem-16438	102	118	(	(	PUNCT
fbem-16438	102	119	-71.89	-71.89	NOUN
fbem-16438	102	120	)	)	PUNCT
fbem-16438	102	121	lnfb	lnfb	VERB
fbem-16438	102	122	0.066	0.066	NUM
fbem-16438	102	123	163.55	163.55	NUM
fbem-16438	102	124	*	*	PUNCT
fbem-16438	102	125	*	*	PUNCT
fbem-16438	102	126	*	*	PUNCT
fbem-16438	103	1	0.37	0.37	NUM
fbem-16438	103	2	*	*	PUNCT
fbem-16438	103	3	*	*	PUNCT
fbem-16438	103	4	*	*	PROPN
fbem-16438	103	5	0.056**8	0.056**8	NOUN
fbem-16438	103	6	(	(	PUNCT
fbem-16438	103	7	0.48	0.48	NUM
fbem-16438	103	8	)	)	PUNCT
fbem-16438	103	9	(	(	PUNCT
fbem-16438	103	10	35.83	35.83	NUM
fbem-16438	103	11	)	)	PUNCT
fbem-16438	103	12	(	(	PUNCT
fbem-16438	103	13	20.26	20.26	NUM
fbem-16438	103	14	)	)	PUNCT
fbem-16438	103	15	(	(	PUNCT
fbem-16438	103	16	45.17	45.17	NUM
fbem-16438	103	17	)	)	PUNCT
fbem-16438	103	18	mar	mar	PROPN
fbem-16438	103	19	0.000	0.000	NUM
fbem-16438	103	20	-0.000	-0.000	PRON
fbem-16438	103	21	(	(	PUNCT
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fbem-16438	103	23	)	)	PUNCT
fbem-16438	103	24	(	(	PUNCT
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fbem-16438	103	26	)	)	PUNCT
fbem-16438	103	27	gdr	gdr	NOUN
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fbem-16438	103	31	*	*	PUNCT
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fbem-16438	103	33	*	*	PUNCT
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fbem-16438	103	37	*	*	PUNCT
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fbem-16438	103	39	*	*	PUNCT
fbem-16438	103	40	-0.0001	-0.0001	NOUN
fbem-16438	103	41	*	*	PUNCT
fbem-16438	103	42	*	*	PUNCT
fbem-16438	103	43	*	*	PUNCT
fbem-16438	103	44	(	(	PUNCT
fbem-16438	103	45	-4.87	-4.87	NUM
fbem-16438	103	46	)	)	PUNCT
fbem-16438	103	47	(	(	PUNCT
fbem-16438	103	48	10.10	10.10	NUM
fbem-16438	103	49	)	)	PUNCT
fbem-16438	103	50	(	(	PUNCT
fbem-16438	103	51	-3.77	-3.77	NUM
fbem-16438	103	52	)	)	PUNCT
fbem-16438	103	53	(	(	PUNCT
fbem-16438	103	54	-2.67	-2.67	NOUN
fbem-16438	103	55	)	)	PUNCT
fbem-16438	103	56	lna	lna	PROPN
fbem-16438	103	57	6.27	6.27	NUM
fbem-16438	103	58	*	*	PUNCT
fbem-16438	103	59	*	*	PUNCT
fbem-16438	103	60	*	*	X
fbem-16438	103	61	0.0025	0.0025	NUM
fbem-16438	103	62	(	(	PUNCT
fbem-16438	103	63	56.00	56.00	NUM
fbem-16438	103	64	)	)	PUNCT
fbem-16438	103	65	(	(	PUNCT
fbem-16438	103	66	2.76	2.76	NUM
fbem-16438	103	67	)	)	PUNCT
fbem-16438	103	68	roa	roa	NOUN
fbem-16438	103	69	-0.0003	-0.0003	NOUN
fbem-16438	103	70	0.00001	0.00001	NUM
fbem-16438	103	71	(	(	PUNCT
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fbem-16438	103	73	)	)	PUNCT
fbem-16438	103	74	(	(	PUNCT
fbem-16438	103	75	-0.35	-0.35	X
fbem-16438	103	76	)	)	PUNCT
fbem-16438	103	77	47	47	NUM
fbem-16438	103	78	5	5	NUM
fbem-16438	103	79	.	.	PUNCT
fbem-16438	103	80	conclusions	conclusion	NOUN
fbem-16438	103	81	and	and	CCONJ
fbem-16438	103	82	implications	implication	NOUN
fbem-16438	103	83	this	this	DET
fbem-16438	103	84	paper	paper	NOUN
fbem-16438	103	85	centers	center	NOUN
fbem-16438	103	86	on	on	ADP
fbem-16438	103	87	the	the	DET
fbem-16438	103	88	study	study	NOUN
fbem-16438	103	89	of	of	ADP
fbem-16438	103	90	media	medium	NOUN
fbem-16438	103	91	-	-	PUNCT
fbem-16438	103	92	affiliated	affiliate	VERB
fbem-16438	103	93	directors	director	NOUN
fbem-16438	103	94	in	in	ADP
fbem-16438	103	95	shanghai	shanghai	PROPN
fbem-16438	103	96	and	and	CCONJ
fbem-16438	103	97	shenzhen	shenzhen	PROPN
fbem-16438	103	98	a	a	PROPN
fbem-16438	103	99	-	-	PUNCT
fbem-16438	103	100	share	share	NOUN
fbem-16438	103	101	listed	list	VERB
fbem-16438	103	102	companies	company	NOUN
fbem-16438	103	103	to	to	PART
fbem-16438	103	104	test	test	VERB
fbem-16438	103	105	whether	whether	SCONJ
fbem-16438	103	106	media	medium	NOUN
fbem-16438	103	107	directors	director	NOUN
fbem-16438	103	108	will	will	AUX
fbem-16438	103	109	deeply	deeply	ADV
fbem-16438	103	110	influence	influence	VERB
fbem-16438	103	111	corporate	corporate	ADJ
fbem-16438	103	112	financing	financing	NOUN
fbem-16438	103	113	through	through	ADP
fbem-16438	103	114	media	medium	NOUN
fbem-16438	103	115	coverage	coverage	NOUN
fbem-16438	103	116	.	.	PUNCT
fbem-16438	104	1	it	it	PRON
fbem-16438	104	2	is	be	AUX
fbem-16438	104	3	found	find	VERB
fbem-16438	104	4	that	that	SCONJ
fbem-16438	104	5	firms	firm	NOUN
fbem-16438	104	6	with	with	ADP
fbem-16438	104	7	media	medium	NOUN
fbem-16438	104	8	-	-	PUNCT
fbem-16438	104	9	affiliated	affiliate	VERB
fbem-16438	104	10	directors	director	NOUN
fbem-16438	104	11	will	will	AUX
fbem-16438	104	12	receive	receive	VERB
fbem-16438	104	13	more	more	ADV
fbem-16438	104	14	positive	positive	ADJ
fbem-16438	104	15	reports	report	NOUN
fbem-16438	104	16	,	,	PUNCT
fbem-16438	104	17	and	and	CCONJ
fbem-16438	104	18	will	will	AUX
fbem-16438	104	19	be	be	AUX
fbem-16438	104	20	more	more	ADV
fbem-16438	104	21	inclined	inclined	ADJ
fbem-16438	104	22	to	to	PART
fbem-16438	104	23	choose	choose	VERB
fbem-16438	104	24	the	the	DET
fbem-16438	104	25	financing	financing	NOUN
fbem-16438	104	26	methods	method	NOUN
fbem-16438	104	27	of	of	ADP
fbem-16438	104	28	stock	stock	NOUN
fbem-16438	104	29	financing	financing	NOUN
fbem-16438	104	30	and	and	CCONJ
fbem-16438	104	31	bond	bond	NOUN
fbem-16438	104	32	financing	financing	NOUN
fbem-16438	104	33	,	,	PUNCT
fbem-16438	104	34	and	and	CCONJ
fbem-16438	104	35	reduce	reduce	VERB
fbem-16438	104	36	bank	bank	NOUN
fbem-16438	104	37	loan	loan	NOUN
fbem-16438	104	38	financing	financing	NOUN
fbem-16438	104	39	,	,	PUNCT
fbem-16438	104	40	including	include	VERB
fbem-16438	104	41	the	the	DET
fbem-16438	104	42	size	size	NOUN
fbem-16438	104	43	and	and	CCONJ
fbem-16438	104	44	duration	duration	NOUN
fbem-16438	104	45	of	of	ADP
fbem-16438	104	46	bank	bank	NOUN
fbem-16438	104	47	loans	loan	NOUN
fbem-16438	104	48	.	.	PUNCT
fbem-16438	105	1	meanwhile	meanwhile	ADV
fbem-16438	105	2	,	,	PUNCT
fbem-16438	105	3	the	the	DET
fbem-16438	105	4	robustness	robustness	NOUN
fbem-16438	105	5	test	test	NOUN
fbem-16438	105	6	finds	find	VERB
fbem-16438	105	7	that	that	SCONJ
fbem-16438	105	8	the	the	DET
fbem-16438	105	9	expansion	expansion	NOUN
fbem-16438	105	10	of	of	ADP
fbem-16438	105	11	the	the	DET
fbem-16438	105	12	scope	scope	NOUN
fbem-16438	105	13	of	of	ADP
fbem-16438	105	14	media	medium	NOUN
fbem-16438	105	15	-	-	PUNCT
fbem-16438	105	16	affiliated	affiliate	VERB
fbem-16438	105	17	directors	director	NOUN
fbem-16438	105	18	to	to	ADP
fbem-16438	105	19	directors	director	NOUN
fbem-16438	105	20	and	and	CCONJ
fbem-16438	105	21	supervisors	supervisor	NOUN
fbem-16438	105	22	,	,	PUNCT
fbem-16438	105	23	or	or	CCONJ
fbem-16438	105	24	media	medium	NOUN
fbem-16438	105	25	-	-	PUNCT
fbem-16438	105	26	related	relate	VERB
fbem-16438	105	27	executives	executive	NOUN
fbem-16438	105	28	are	be	AUX
fbem-16438	105	29	with	with	ADP
fbem-16438	105	30	media	medium	NOUN
fbem-16438	105	31	experience	experience	NOUN
fbem-16438	105	32	,	,	PUNCT
fbem-16438	105	33	will	will	AUX
fbem-16438	105	34	still	still	ADV
fbem-16438	105	35	have	have	VERB
fbem-16438	105	36	an	an	DET
fbem-16438	105	37	impact	impact	NOUN
fbem-16438	105	38	on	on	ADP
fbem-16438	105	39	the	the	DET
fbem-16438	105	40	company	company	NOUN
fbem-16438	105	41	's	's	PART
fbem-16438	105	42	financing	financing	NOUN
fbem-16438	105	43	.	.	PUNCT
fbem-16438	106	1	it	it	PRON
fbem-16438	106	2	further	far	ADV
fbem-16438	106	3	supports	support	VERB
fbem-16438	106	4	the	the	DET
fbem-16438	106	5	importance	importance	NOUN
fbem-16438	106	6	of	of	ADP
fbem-16438	106	7	media	medium	NOUN
fbem-16438	106	8	coverage	coverage	NOUN
fbem-16438	106	9	for	for	ADP
fbem-16438	106	10	corporate	corporate	ADJ
fbem-16438	106	11	governance	governance	NOUN
fbem-16438	106	12	.	.	PUNCT
fbem-16438	107	1	the	the	DET
fbem-16438	107	2	conclusions	conclusion	NOUN
fbem-16438	107	3	of	of	ADP
fbem-16438	107	4	this	this	DET
fbem-16438	107	5	study	study	NOUN
fbem-16438	107	6	are	be	AUX
fbem-16438	107	7	of	of	ADP
fbem-16438	107	8	great	great	ADJ
fbem-16438	107	9	theoretical	theoretical	ADJ
fbem-16438	107	10	and	and	CCONJ
fbem-16438	107	11	display	display	NOUN
fbem-16438	107	12	significance	significance	NOUN
fbem-16438	107	13	in	in	ADP
fbem-16438	107	14	alleviating	alleviate	VERB
fbem-16438	107	15	the	the	DET
fbem-16438	107	16	corporate	corporate	ADJ
fbem-16438	107	17	financing	financing	NOUN
fbem-16438	107	18	constraints	constraint	NOUN
fbem-16438	107	19	and	and	CCONJ
fbem-16438	107	20	improving	improve	VERB
fbem-16438	107	21	the	the	DET
fbem-16438	107	22	corporate	corporate	ADJ
fbem-16438	107	23	governance	governance	NOUN
fbem-16438	107	24	level	level	NOUN
fbem-16438	107	25	for	for	ADP
fbem-16438	107	26	the	the	DET
fbem-16438	107	27	financing	financing	NOUN
fbem-16438	107	28	difficulties	difficulty	NOUN
fbem-16438	107	29	and	and	CCONJ
fbem-16438	107	30	expensive	expensive	ADJ
fbem-16438	107	31	financing	financing	NOUN
fbem-16438	107	32	problems	problem	NOUN
fbem-16438	107	33	faced	face	VERB
fbem-16438	107	34	by	by	ADP
fbem-16438	107	35	enterprises	enterprise	NOUN
fbem-16438	107	36	today	today	NOUN
fbem-16438	107	37	and	and	CCONJ
fbem-16438	107	38	the	the	DET
fbem-16438	107	39	unsound	unsound	ADJ
fbem-16438	107	40	development	development	NOUN
fbem-16438	107	41	of	of	ADP
fbem-16438	107	42	the	the	DET
fbem-16438	107	43	domestic	domestic	ADJ
fbem-16438	107	44	market	market	NOUN
fbem-16438	107	45	.	.	PUNCT
fbem-16438	108	1	firstly	firstly	ADV
fbem-16438	108	2	,	,	PUNCT
fbem-16438	108	3	for	for	ADP
fbem-16438	108	4	listed	list	VERB
fbem-16438	108	5	companies	company	NOUN
fbem-16438	108	6	,	,	PUNCT
fbem-16438	108	7	choosing	choose	VERB
fbem-16438	108	8	executives	executive	NOUN
fbem-16438	108	9	with	with	ADP
fbem-16438	108	10	media	medium	NOUN
fbem-16438	108	11	background	background	NOUN
fbem-16438	108	12	or	or	CCONJ
fbem-16438	108	13	executives	executive	NOUN
fbem-16438	108	14	with	with	ADP
fbem-16438	108	15	media	medium	NOUN
fbem-16438	108	16	experience	experience	NOUN
fbem-16438	108	17	is	be	AUX
fbem-16438	108	18	conducive	conducive	ADJ
fbem-16438	108	19	to	to	ADP
fbem-16438	108	20	improving	improve	VERB
fbem-16438	108	21	the	the	DET
fbem-16438	108	22	company	company	NOUN
fbem-16438	108	23	's	's	PART
fbem-16438	108	24	media	media	NOUN
fbem-16438	108	25	public	public	ADJ
fbem-16438	108	26	opinion	opinion	NOUN
fbem-16438	108	27	environment	environment	NOUN
fbem-16438	108	28	,	,	PUNCT
fbem-16438	108	29	obtaining	obtain	VERB
fbem-16438	108	30	more	more	ADV
fbem-16438	108	31	positive	positive	ADJ
fbem-16438	108	32	reports	report	NOUN
fbem-16438	108	33	,	,	PUNCT
fbem-16438	108	34	and	and	CCONJ
fbem-16438	108	35	enhancing	enhance	VERB
fbem-16438	108	36	the	the	DET
fbem-16438	108	37	company	company	NOUN
fbem-16438	108	38	's	's	PART
fbem-16438	108	39	image	image	NOUN
fbem-16438	108	40	among	among	ADP
fbem-16438	108	41	investors	investor	NOUN
fbem-16438	108	42	,	,	PUNCT
fbem-16438	108	43	which	which	PRON
fbem-16438	108	44	is	be	AUX
fbem-16438	108	45	more	more	ADV
fbem-16438	108	46	conducive	conducive	ADJ
fbem-16438	108	47	to	to	ADP
fbem-16438	108	48	the	the	DET
fbem-16438	108	49	form	form	NOUN
fbem-16438	108	50	of	of	ADP
fbem-16438	108	51	indirect	indirect	ADJ
fbem-16438	108	52	financing	financing	NOUN
fbem-16438	108	53	,	,	PUNCT
fbem-16438	108	54	such	such	ADJ
fbem-16438	108	55	as	as	ADP
fbem-16438	108	56	stock	stock	NOUN
fbem-16438	108	57	financing	financing	NOUN
fbem-16438	108	58	or	or	CCONJ
fbem-16438	108	59	bond	bond	NOUN
fbem-16438	108	60	financing	financing	NOUN
fbem-16438	108	61	,	,	PUNCT
fbem-16438	108	62	and	and	CCONJ
fbem-16438	108	63	easing	ease	VERB
fbem-16438	108	64	the	the	DET
fbem-16438	108	65	financing	financing	NOUN
fbem-16438	108	66	constraints	constraint	NOUN
fbem-16438	108	67	of	of	ADP
fbem-16438	108	68	the	the	DET
fbem-16438	108	69	company	company	NOUN
fbem-16438	108	70	.	.	PUNCT
fbem-16438	109	1	secondly	secondly	ADV
fbem-16438	109	2	,	,	PUNCT
fbem-16438	109	3	for	for	ADP
fbem-16438	109	4	company	company	NOUN
fbem-16438	109	5	executives	executive	NOUN
fbem-16438	109	6	,	,	PUNCT
fbem-16438	109	7	it	it	PRON
fbem-16438	109	8	is	be	AUX
fbem-16438	109	9	important	important	ADJ
fbem-16438	109	10	to	to	PART
fbem-16438	109	11	pay	pay	VERB
fbem-16438	109	12	attention	attention	NOUN
fbem-16438	109	13	to	to	ADP
fbem-16438	109	14	the	the	DET
fbem-16438	109	15	important	important	ADJ
fbem-16438	109	16	role	role	NOUN
fbem-16438	109	17	of	of	ADP
fbem-16438	109	18	the	the	DET
fbem-16438	109	19	media	medium	NOUN
fbem-16438	109	20	,	,	PUNCT
fbem-16438	109	21	make	make	VERB
fbem-16438	109	22	good	good	ADJ
fbem-16438	109	23	dealings	dealing	NOUN
fbem-16438	109	24	with	with	ADP
fbem-16438	109	25	the	the	DET
fbem-16438	109	26	media	medium	NOUN
fbem-16438	109	27	,	,	PUNCT
fbem-16438	109	28	and	and	CCONJ
fbem-16438	109	29	create	create	VERB
fbem-16438	109	30	a	a	DET
fbem-16438	109	31	good	good	ADJ
fbem-16438	109	32	media	medium	NOUN
fbem-16438	109	33	image	image	NOUN
fbem-16438	109	34	for	for	ADP
fbem-16438	109	35	the	the	DET
fbem-16438	109	36	company	company	NOUN
fbem-16438	109	37	,	,	PUNCT
fbem-16438	109	38	which	which	PRON
fbem-16438	109	39	is	be	AUX
fbem-16438	109	40	of	of	ADP
fbem-16438	109	41	great	great	ADJ
fbem-16438	109	42	significance	significance	NOUN
fbem-16438	109	43	for	for	ADP
fbem-16438	109	44	the	the	DET
fbem-16438	109	45	development	development	NOUN
fbem-16438	109	46	of	of	ADP
fbem-16438	109	47	both	both	CCONJ
fbem-16438	109	48	the	the	DET
fbem-16438	109	49	company	company	NOUN
fbem-16438	109	50	and	and	CCONJ
fbem-16438	109	51	individuals	individual	NOUN
fbem-16438	109	52	.	.	PUNCT
fbem-16438	110	1	finally	finally	ADV
fbem-16438	110	2	,	,	PUNCT
fbem-16438	110	3	the	the	DET
fbem-16438	110	4	continuous	continuous	ADJ
fbem-16438	110	5	improvement	improvement	NOUN
fbem-16438	110	6	of	of	ADP
fbem-16438	110	7	the	the	DET
fbem-16438	110	8	capital	capital	NOUN
fbem-16438	110	9	market	market	NOUN
fbem-16438	110	10	needs	need	VERB
fbem-16438	110	11	media	medium	NOUN
fbem-16438	110	12	supervision	supervision	NOUN
fbem-16438	110	13	to	to	PART
fbem-16438	110	14	play	play	VERB
fbem-16438	110	15	the	the	DET
fbem-16438	110	16	role	role	NOUN
fbem-16438	110	17	of	of	ADP
fbem-16438	110	18	external	external	ADJ
fbem-16438	110	19	governance	governance	NOUN
fbem-16438	110	20	,	,	PUNCT
fbem-16438	110	21	give	give	VERB
fbem-16438	110	22	full	full	ADJ
fbem-16438	110	23	play	play	NOUN
fbem-16438	110	24	to	to	ADP
fbem-16438	110	25	the	the	DET
fbem-16438	110	26	role	role	NOUN
fbem-16438	110	27	of	of	ADP
fbem-16438	110	28	the	the	DET
fbem-16438	110	29	media	medium	NOUN
fbem-16438	110	30	,	,	PUNCT
fbem-16438	110	31	alleviate	alleviate	VERB
fbem-16438	110	32	the	the	DET
fbem-16438	110	33	problem	problem	NOUN
fbem-16438	110	34	of	of	ADP
fbem-16438	110	35	information	information	NOUN
fbem-16438	110	36	asymmetry	asymmetry	NOUN
fbem-16438	110	37	in	in	ADP
fbem-16438	110	38	the	the	DET
fbem-16438	110	39	market	market	NOUN
fbem-16438	110	40	,	,	PUNCT
fbem-16438	110	41	supervise	supervise	VERB
fbem-16438	110	42	the	the	DET
fbem-16438	110	43	behavior	behavior	NOUN
fbem-16438	110	44	of	of	ADP
fbem-16438	110	45	the	the	DET
fbem-16438	110	46	company	company	NOUN
fbem-16438	110	47	,	,	PUNCT
fbem-16438	110	48	and	and	CCONJ
fbem-16438	110	49	create	create	VERB
fbem-16438	110	50	a	a	DET
fbem-16438	110	51	good	good	ADJ
fbem-16438	110	52	market	market	NOUN
fbem-16438	110	53	environment	environment	NOUN
fbem-16438	110	54	for	for	ADP
fbem-16438	110	55	investment	investment	NOUN
fbem-16438	110	56	.	.	PUNCT
fbem-16438	111	1	references	reference	NOUN
fbem-16438	111	2	[	[	X
fbem-16438	111	3	1	1	X
fbem-16438	111	4	]	]	PUNCT
fbem-16438	111	5	lai	lai	PROPN
fbem-16438	111	6	li	li	PROPN
fbem-16438	111	7	,	,	PUNCT
fbem-16438	111	8	ma	ma	PROPN
fbem-16438	111	9	yongqiang	yongqiang	PROPN
fbem-16438	111	10	,	,	PUNCT
fbem-16438	111	11	xia	xia	PROPN
fbem-16438	111	12	xiaolan	xiaolan	PROPN
fbem-16438	111	13	.	.	PUNCT
fbem-16438	112	1	media	medium	NOUN
fbem-16438	112	2	coverage	coverage	NOUN
fbem-16438	112	3	and	and	CCONJ
fbem-16438	112	4	credit	credit	NOUN
fbem-16438	112	5	access	access	NOUN
fbem-16438	112	6	[	[	X
fbem-16438	112	7	j	j	X
fbem-16438	112	8	]	]	X
fbem-16438	112	9	.	.	PUNCT
fbem-16438	113	1	world	world	NOUN
fbem-16438	113	2	economy	economy	NOUN
fbem-16438	113	3	,	,	PUNCT
fbem-16438	113	4	2016	2016	NUM
fbem-16438	113	5	(	(	PUNCT
fbem-16438	113	6	9	9	NUM
fbem-16438	113	7	)	)	PUNCT
fbem-16438	113	8	:	:	PUNCT
fbem-16438	113	9	124	124	NUM
fbem-16438	113	10	148	148	NUM
fbem-16438	113	11	.	.	PUNCT
fbem-16438	114	1	[	[	X
fbem-16438	114	2	2	2	NUM
fbem-16438	114	3	]	]	SYM
fbem-16438	114	4	li	li	NOUN
fbem-16438	114	5	peigong	peigong	PROPN
fbem-16438	114	6	,	,	PUNCT
fbem-16438	114	7	shen	shen	PROPN
fbem-16438	114	8	yifeng	yifeng	PROPN
fbem-16438	114	9	.	.	PUNCT
fbem-16438	115	1	the	the	DET
fbem-16438	115	2	corporate	corporate	ADJ
fbem-16438	115	3	governance	governance	NOUN
fbem-16438	115	4	role	role	NOUN
fbem-16438	115	5	of	of	ADP
fbem-16438	115	6	the	the	DET
fbem-16438	115	7	media	medium	NOUN
fbem-16438	115	8	:	:	PUNCT
fbem-16438	115	9	empirical	empirical	ADJ
fbem-16438	115	10	evidence	evidence	NOUN
fbem-16438	115	11	from	from	ADP
fbem-16438	115	12	china	china	PROPN
fbem-16438	116	1	[	[	X
fbem-16438	116	2	j	j	X
fbem-16438	116	3	]	]	X
fbem-16438	116	4	.	.	PUNCT
fbem-16438	117	1	economic	economic	ADJ
fbem-16438	117	2	research	research	NOUN
fbem-16438	117	3	,	,	PUNCT
fbem-16438	117	4	2010(4):14	2010(4):14	NUM
fbem-16438	117	5	-	-	SYM
fbem-16438	117	6	27	27	NUM
fbem-16438	117	7	.	.	PUNCT
fbem-16438	118	1	[	[	X
fbem-16438	118	2	3	3	X
fbem-16438	118	3	]	]	PUNCT
fbem-16438	118	4	vinegar	vinegar	NOUN
fbem-16438	118	5	weihua	weihua	NOUN
fbem-16438	118	6	,	,	PUNCT
fbem-16438	118	7	li	li	PROPN
fbem-16438	118	8	peigong	peigong	PROPN
fbem-16438	118	9	.	.	PUNCT
fbem-16438	119	1	an	an	DET
fbem-16438	119	2	empirical	empirical	ADJ
fbem-16438	119	3	study	study	NOUN
fbem-16438	119	4	of	of	ADP
fbem-16438	119	5	media	medium	NOUN
fbem-16438	119	6	monitoring	monitor	VERB
fbem-16438	119	7	corporate	corporate	ADJ
fbem-16438	119	8	governance[j].nankai	governance[j].nankai	PROPN
fbem-16438	119	9	management	management	PROPN
fbem-16438	119	10	review	review	PROPN
fbem-16438	119	11	,	,	PUNCT
fbem-16438	119	12	2012(1):33	2012(1):33	NUM
fbem-16438	119	13	-	-	SYM
fbem-16438	119	14	42	42	NUM
fbem-16438	119	15	.	.	PUNCT
fbem-16438	120	1	[	[	X
fbem-16438	120	2	4	4	X
fbem-16438	120	3	]	]	X
fbem-16438	120	4	li	li	PROPN
fbem-16438	120	5	yan	yan	PROPN
fbem-16438	120	6	,	,	PUNCT
fbem-16438	120	7	wang	wang	PROPN
fbem-16438	120	8	lin	lin	PROPN
fbem-16438	120	9	.	.	PUNCT
fbem-16438	121	1	media	medium	NOUN
fbem-16438	121	2	monitoring	monitoring	NOUN
fbem-16438	121	3	,	,	PUNCT
fbem-16438	121	4	reputation	reputation	NOUN
fbem-16438	121	5	community	community	NOUN
fbem-16438	121	6	and	and	CCONJ
fbem-16438	121	7	investor	investor	NOUN
fbem-16438	121	8	protection	protection	NOUN
fbem-16438	122	1	[	[	X
fbem-16438	122	2	j	j	X
fbem-16438	122	3	]	]	PUNCT
fbem-16438	122	4	.	.	PUNCT
fbem-16438	123	1	management	management	NOUN
fbem-16438	123	2	world	world	NOUN
fbem-16438	123	3	,	,	PUNCT
fbem-16438	123	4	2013(11):130	2013(11):130	NOUN
fbem-16438	123	5	-	-	SYM
fbem-16438	123	6	143	143	NUM
fbem-16438	123	7	.	.	PUNCT
fbem-16438	124	1	[	[	X
fbem-16438	124	2	5	5	NUM
fbem-16438	124	3	]	]	PUNCT
fbem-16438	124	4	yu	yu	PROPN
fbem-16438	124	5	zhongbo	zhongbo	PROPN
fbem-16438	124	6	,	,	PUNCT
fbem-16438	124	7	tian	tian	PROPN
fbem-16438	124	8	gaoliang	gaoliang	PROPN
fbem-16438	124	9	,	,	PUNCT
fbem-16438	124	10	qi	qi	PROPN
fbem-16438	124	11	baobai	baobai	NOUN
fbem-16438	124	12	,	,	PUNCT
fbem-16438	124	13	zhang	zhang	PROPN
fbem-16438	124	14	hao	hao	PROPN
fbem-16438	124	15	.	.	PUNCT
fbem-16438	124	16	corporate	corporate	ADJ
fbem-16438	124	17	governance	governance	NOUN
fbem-16438	124	18	mechanisms	mechanism	NOUN
fbem-16438	124	19	of	of	ADP
fbem-16438	124	20	media	medium	NOUN
fbem-16438	124	21	attention	attention	NOUN
fbem-16438	124	22	an	an	DET
fbem-16438	124	23	examination	examination	NOUN
fbem-16438	124	24	based	base	VERB
fbem-16438	124	25	on	on	ADP
fbem-16438	124	26	the	the	DET
fbem-16438	124	27	perspective	perspective	NOUN
fbem-16438	124	28	of	of	ADP
fbem-16438	124	29	surplus	surplus	ADJ
fbem-16438	124	30	management	management	NOUN
fbem-16438	125	1	[	[	X
fbem-16438	125	2	j	j	X
fbem-16438	125	3	]	]	X
fbem-16438	125	4	.	.	PUNCT
fbem-16438	126	1	management	management	NOUN
fbem-16438	126	2	world	world	NOUN
fbem-16438	126	3	,	,	PUNCT
fbem-16438	126	4	2011(9	2011(9	NUM
fbem-16438	126	5	):	):	PUNCT
fbem-16438	126	6	127	127	NUM
fbem-16438	126	7	-	-	SYM
fbem-16438	126	8	140	140	NUM
fbem-16438	127	1	[	[	X
fbem-16438	127	2	6	6	NUM
fbem-16438	127	3	]	]	PUNCT
fbem-16438	127	4	mo	mo	PROPN
fbem-16438	127	5	dongyan	dongyan	PROPN
fbem-16438	127	6	.	.	PUNCT
fbem-16438	128	1	media	medium	NOUN
fbem-16438	128	2	attention	attention	NOUN
fbem-16438	128	3	:	:	PUNCT
fbem-16438	128	4	market	market	NOUN
fbem-16438	128	5	supervision	supervision	NOUN
fbem-16438	128	6	or	or	CCONJ
fbem-16438	128	7	market	market	NOUN
fbem-16438	128	8	pressure	pressure	NOUN
fbem-16438	128	9	--	--	PUNCT
fbem-16438	128	10	a	a	DET
fbem-16438	128	11	study	study	NOUN
fbem-16438	128	12	based	base	VERB
fbem-16438	128	13	on	on	ADP
fbem-16438	128	14	corporate	corporate	ADJ
fbem-16438	128	15	surplus	surplus	NOUN
fbem-16438	128	16	management	management	NOUN
fbem-16438	128	17	behavior	behavior	NOUN
fbem-16438	129	1	[	[	X
fbem-16438	129	2	j	j	X
fbem-16438	129	3	]	]	X
fbem-16438	129	4	.	.	PUNCT
fbem-16438	130	1	macroeconomic	macroeconomic	ADJ
fbem-16438	130	2	research	research	NOUN
fbem-16438	130	3	,	,	PUNCT
fbem-16438	130	4	2015(11):106	2015(11):106	NUM
fbem-16438	130	5	-	-	SYM
fbem-16438	130	6	118	118	NUM
fbem-16438	130	7	.	.	PUNCT
fbem-16438	131	1	[	[	X
fbem-16438	131	2	7	7	X
fbem-16438	131	3	]	]	X
fbem-16438	131	4	liang	liang	PROPN
fbem-16438	131	5	hongyu	hongyu	PROPN
fbem-16438	131	6	,	,	PUNCT
fbem-16438	131	7	yao	yao	PROPN
fbem-16438	131	8	yilong	yilong	NOUN
fbem-16438	131	9	,	,	PUNCT
fbem-16438	131	10	and	and	CCONJ
fbem-16438	131	11	ning	ning	NOUN
fbem-16438	131	12	ji'an	ji'an	ADJ
fbem-16438	131	13	.	.	PUNCT
fbem-16438	132	1	media	medium	NOUN
fbem-16438	132	2	monitoring	monitoring	NOUN
fbem-16438	132	3	,	,	PUNCT
fbem-16438	132	4	corporate	corporate	ADJ
fbem-16438	132	5	governance	governance	NOUN
fbem-16438	132	6	and	and	CCONJ
fbem-16438	132	7	agency	agency	NOUN
fbem-16438	132	8	costs	cost	NOUN
fbem-16438	132	9	[	[	X
fbem-16438	132	10	j	j	X
fbem-16438	132	11	]	]	X
fbem-16438	132	12	.	.	PUNCT
fbem-16438	133	1	research	research	NOUN
fbem-16438	133	2	on	on	ADP
fbem-16438	133	3	finance	finance	NOUN
fbem-16438	133	4	and	and	CCONJ
fbem-16438	133	5	economics	economic	NOUN
fbem-16438	133	6	,	,	PUNCT
fbem-16438	133	7	2012(7	2012(7	NUM
fbem-16438	133	8	):	):	PUNCT
fbem-16438	133	9	90	90	NUM
fbem-16438	133	10	-	-	SYM
fbem-16438	133	11	100	100	NUM
fbem-16438	133	12	.	.	PUNCT
fbem-16438	134	1	[	[	X
fbem-16438	134	2	8	8	NUM
fbem-16438	134	3	]	]	X
fbem-16438	134	4	kong	kong	PROPN
fbem-16438	134	5	dongmin	dongmin	PROPN
fbem-16438	134	6	,	,	PUNCT
fbem-16438	134	7	liu	liu	PROPN
fbem-16438	134	8	shasha	shasha	PROPN
fbem-16438	134	9	,	,	PUNCT
fbem-16438	134	10	ying	ying	PROPN
fbem-16438	134	11	qianwei	qianwei	PROPN
fbem-16438	134	12	.	.	PUNCT
fbem-16438	135	1	media	medium	NOUN
fbem-16438	135	2	role	role	NOUN
fbem-16438	135	3	in	in	ADP
fbem-16438	135	4	corporate	corporate	ADJ
fbem-16438	135	5	behavior	behavior	NOUN
fbem-16438	135	6	:	:	PUNCT
fbem-16438	135	7	stimulating	stimulate	VERB
fbem-16438	135	8	or	or	CCONJ
fbem-16438	135	9	pushing	push	VERB
fbem-16438	135	10	?	?	PUNCT
fbem-16438	136	1	[	[	X
fbem-16438	136	2	j	j	X
fbem-16438	136	3	]	]	X
fbem-16438	136	4	.	.	PUNCT
fbem-16438	137	1	management	management	NOUN
fbem-16438	137	2	world	world	NOUN
fbem-16438	137	3	,	,	PUNCT
fbem-16438	137	4	2013(7	2013(7	NUM
fbem-16438	137	5	)	)	PUNCT
fbem-16438	137	6	.	.	PUNCT
fbem-16438	138	1	:	:	PUNCT
fbem-16438	138	2	145	145	NUM
fbem-16438	138	3	-	-	SYM
fbem-16438	138	4	162	162	NUM
fbem-16438	138	5	.	.	PUNCT
fbem-16438	139	1	[	[	X
fbem-16438	139	2	9	9	NUM
fbem-16438	139	3	]	]	X
fbem-16438	139	4	luo	luo	PROPN
fbem-16438	139	5	jinhui	jinhui	PROPN
fbem-16438	139	6	.	.	PUNCT
fbem-16438	140	1	the	the	DET
fbem-16438	140	2	corporate	corporate	ADJ
fbem-16438	140	3	governance	governance	NOUN
fbem-16438	140	4	role	role	NOUN
fbem-16438	140	5	of	of	ADP
fbem-16438	140	6	media	medium	NOUN
fbem-16438	140	7	reporting	report	VERB
fbem-16438	140	8	a	a	DET
fbem-16438	140	9	dual	dual	ADJ
fbem-16438	140	10	agency	agency	NOUN
fbem-16438	140	11	cost	cost	NOUN
fbem-16438	140	12	perspective	perspective	NOUN
fbem-16438	141	1	[	[	X
fbem-16438	141	2	j	j	X
fbem-16438	141	3	]	]	X
fbem-16438	141	4	.	.	PUNCT
fbem-16438	142	1	financial	financial	ADJ
fbem-16438	142	2	research	research	NOUN
fbem-16438	142	3	,	,	PUNCT
fbem-16438	142	4	2012(10):153	2012(10):153	NOUN
fbem-16438	142	5	-	-	SYM
fbem-16438	142	6	166	166	NUM
fbem-16438	142	7	.	.	PUNCT
fbem-16438	143	1	[	[	X
fbem-16438	143	2	10	10	NUM
fbem-16438	143	3	]	]	PUNCT
fbem-16438	143	4	he	he	PRON
fbem-16438	143	5	jiangang	jiangang	PROPN
fbem-16438	143	6	,	,	PUNCT
fbem-16438	143	7	wei	wei	PROPN
fbem-16438	143	8	minghai	minghai	PROPN
fbem-16438	143	9	,	,	PUNCT
fbem-16438	143	10	liu	liu	PROPN
fbem-16438	143	11	feng	feng	PROPN
fbem-16438	143	12	.	.	PUNCT
fbem-16438	144	1	benefit	benefit	NOUN
fbem-16438	144	2	transfer	transfer	NOUN
fbem-16438	144	3	,	,	PUNCT
fbem-16438	144	4	media	medium	NOUN
fbem-16438	144	5	monitoring	monitoring	NOUN
fbem-16438	144	6	and	and	CCONJ
fbem-16438	144	7	corporate	corporate	ADJ
fbem-16438	144	8	governance	governance	NOUN
fbem-16438	144	9	:	:	PUNCT
fbem-16438	144	10	a	a	DET
fbem-16438	144	11	case	case	NOUN
fbem-16438	144	12	study	study	NOUN
fbem-16438	144	13	of	of	ADP
fbem-16438	144	14	wuliangye	wuliangye	NOUN
fbem-16438	145	1	[	[	X
fbem-16438	145	2	j	j	X
fbem-16438	145	3	]	]	X
fbem-16438	145	4	.	.	PUNCT
fbem-16438	146	1	management	management	NOUN
fbem-16438	146	2	world	world	NOUN
fbem-16438	146	3	,	,	PUNCT
fbem-16438	146	4	2008(10):141	2008(10):141	NOUN
fbem-16438	146	5	-	-	SYM
fbem-16438	146	6	164	164	NUM
fbem-16438	146	7	.	.	PUNCT
fbem-16438	147	1	[	[	X
fbem-16438	147	2	11	11	NUM
fbem-16438	147	3	]	]	PUNCT
fbem-16438	147	4	xiong	xiong	PROPN
fbem-16438	147	5	yan	yan	PROPN
fbem-16438	147	6	,	,	PUNCT
fbem-16438	147	7	li	li	PROPN
fbem-16438	147	8	changqing	changqing	PROPN
fbem-16438	147	9	,	,	PUNCT
fbem-16438	147	10	wei	wei	PROPN
fbem-16438	147	11	zhihua	zhihua	PROPN
fbem-16438	147	12	.	.	PUNCT
fbem-16438	148	1	media	medium	NOUN
fbem-16438	148	2	sensationalism	sensationalism	NOUN
fbem-16438	148	3	:	:	PUNCT
fbem-16438	148	4	transmission	transmission	NOUN
fbem-16438	148	5	mechanisms	mechanism	NOUN
fbem-16438	148	6	,	,	PUNCT
fbem-16438	148	7	economic	economic	ADJ
fbem-16438	148	8	consequences	consequence	NOUN
fbem-16438	148	9	and	and	CCONJ
fbem-16438	148	10	reputational	reputational	ADJ
fbem-16438	148	11	discipline	discipline	NOUN
fbem-16438	148	12	:	:	PUNCT
fbem-16438	148	13	a	a	DET
fbem-16438	148	14	case	case	NOUN
fbem-16438	148	15	study	study	NOUN
fbem-16438	148	16	based	base	VERB
fbem-16438	148	17	on	on	ADP
fbem-16438	148	18	the	the	DET
fbem-16438	148	19	"	"	PUNCT
fbem-16438	148	20	bully	bully	NOUN
fbem-16438	148	21	incident	incident	NOUN
fbem-16438	148	22	"	"	PUNCT
fbem-16438	149	1	[	[	X
fbem-16438	149	2	j	j	X
fbem-16438	149	3	]	]	X
fbem-16438	149	4	.	.	PUNCT
fbem-16438	150	1	management	management	NOUN
fbem-16438	150	2	world	world	NOUN
fbem-16438	150	3	,	,	PUNCT
fbem-16438	150	4	2011(10	2011(10	NUM
fbem-16438	150	5	)	)	PUNCT
fbem-16438	150	6	.	.	PUNCT
fbem-16438	151	1	[	[	X
fbem-16438	151	2	12	12	NUM
fbem-16438	151	3	]	]	PUNCT
fbem-16438	151	4	yulei	yulei	NOUN
fbem-16438	151	5	rao	rao	PROPN
fbem-16438	151	6	,	,	PUNCT
fbem-16438	151	7	qianqian	qianqian	PROPN
fbem-16438	151	8	xie	xie	PROPN
fbem-16438	151	9	,	,	PUNCT
fbem-16438	151	10	jianxin	jianxin	PROPN
fbem-16438	151	11	wang	wang	PROPN
fbem-16438	151	12	.	.	PUNCT
fbem-16438	152	1	media	medium	NOUN
fbem-16438	152	2	affiliation	affiliation	NOUN
fbem-16438	152	3	and	and	CCONJ
fbem-16438	152	4	news	news	NOUN
fbem-16438	152	5	reporting	reporting	NOUN
fbem-16438	152	6	bias	bias	NOUN
fbem-16438	152	7	:	:	PUNCT
fbem-16438	152	8	empirical	empirical	ADJ
fbem-16438	152	9	evidence	evidence	NOUN
fbem-16438	152	10	from	from	ADP
fbem-16438	152	11	listed	list	VERB
fbem-16438	152	12	companies	company	NOUN
fbem-16438	152	13	in	in	ADP
fbem-16438	152	14	china[j	china[j	PROPN
fbem-16438	152	15	]	]	PUNCT
fbem-16438	152	16	.	.	PUNCT
fbem-16438	153	1	management	management	PROPN
fbem-16438	153	2	review	review	PROPN
fbem-16438	153	3	,	,	PUNCT
fbem-16438	153	4	2016(9):194	2016(9):194	NUM
fbem-16438	153	5	-	-	SYM
fbem-16438	153	6	205	205	NUM
fbem-16438	153	7	.	.	PUNCT
fbem-16438	154	1	[	[	X
fbem-16438	154	2	13	13	NUM
fbem-16438	154	3	]	]	SYM
fbem-16438	154	4	li	li	PROPN
fbem-16438	154	5	peigong	peigong	PROPN
fbem-16438	154	6	,	,	PUNCT
fbem-16438	154	7	xu	xu	PROPN
fbem-16438	154	8	shumei	shumei	PROPN
fbem-16438	154	9	.	.	PUNCT
fbem-16438	155	1	corporate	corporate	ADJ
fbem-16438	155	2	governance	governance	NOUN
fbem-16438	155	3	role	role	NOUN
fbem-16438	155	4	of	of	ADP
fbem-16438	155	5	the	the	DET
fbem-16438	155	6	media	media	NOUN
fbem-16438	155	7	-	-	PUNCT
fbem-16438	155	8	consensus	consensus	NOUN
fbem-16438	155	9	and	and	CCONJ
fbem-16438	155	10	disagreement[j	disagreement[j	ADV
fbem-16438	155	11	]	]	PUNCT
fbem-16438	155	12	.	.	PUNCT
fbem-16438	156	1	financial	financial	ADJ
fbem-16438	156	2	research	research	NOUN
fbem-16438	156	3	,	,	PUNCT
fbem-16438	156	4	2013(4):196	2013(4):196	NUM
fbem-16438	156	5	-	-	SYM
fbem-16438	156	6	206	206	NUM
fbem-16438	156	7	.	.	PUNCT
fbem-16438	157	1	[	[	X
fbem-16438	157	2	14	14	NUM
fbem-16438	157	3	]	]	X
fbem-16438	157	4	yang	yang	PROPN
fbem-16438	157	5	d	d	PROPN
fbem-16438	157	6	,	,	PUNCT
fbem-16438	157	7	xia	xia	PROPN
fbem-16438	157	8	xiaolan	xiaolan	PROPN
fbem-16438	157	9	.	.	PUNCT
fbem-16438	158	1	does	do	AUX
fbem-16438	158	2	media	media	NOUN
fbem-16438	158	3	coverage	coverage	NOUN
fbem-16438	158	4	promote	promote	VERB
fbem-16438	158	5	firm	firm	ADJ
fbem-16438	158	6	innovation	innovation	NOUN
fbem-16438	158	7	?	?	PUNCT
fbem-16438	159	1	[	[	X
fbem-16438	159	2	j	j	X
fbem-16438	159	3	]	]	X
fbem-16438	159	4	.	.	PUNCT
fbem-16438	160	1	economist	economist	NOUN
fbem-16438	160	2	,	,	PUNCT
fbem-16438	160	3	2015(10):68	2015(10):68	NUM
fbem-16438	160	4	-	-	SYM
fbem-16438	160	5	77	77	NUM
fbem-16438	160	6	.	.	PUNCT
fbem-16438	161	1	[	[	X
fbem-16438	161	2	15	15	NUM
fbem-16438	161	3	]	]	X
fbem-16438	161	4	luo	luo	PROPN
fbem-16438	161	5	jinhui	jinhui	PROPN
fbem-16438	161	6	,	,	PUNCT
fbem-16438	161	7	du	du	PROPN
fbem-16438	161	8	xingqiang	xingqiang	PROPN
fbem-16438	161	9	.	.	PUNCT
fbem-16438	162	1	media	medium	NOUN
fbem-16438	162	2	coverage	coverage	NOUN
fbem-16438	162	3	,	,	PUNCT
fbem-16438	162	4	institutional	institutional	ADJ
fbem-16438	162	5	environment	environment	NOUN
fbem-16438	162	6	and	and	CCONJ
fbem-16438	162	7	stock	stock	NOUN
fbem-16438	162	8	price	price	NOUN
fbem-16438	162	9	crash	crash	NOUN
fbem-16438	162	10	risk	risk	NOUN
fbem-16438	162	11	.	.	PUNCT
fbem-16438	163	1	accounting	accounting	NOUN
fbem-16438	163	2	research	research	NOUN
fbem-16438	164	1	[	[	X
fbem-16438	164	2	j	j	X
fbem-16438	164	3	]	]	X
fbem-16438	164	4	,	,	PUNCT
fbem-16438	164	5	2014(9	2014(9	NUM
fbem-16438	164	6	):	):	PUNCT
fbem-16438	164	7	53	53	NUM
fbem-16438	164	8	-	-	SYM
fbem-16438	164	9	59	59	NUM
fbem-16438	164	10	.	.	PUNCT
fbem-16438	165	1	[	[	X
fbem-16438	165	2	16	16	NUM
fbem-16438	165	3	]	]	X
fbem-16438	165	4	quan	quan	PROPN
fbem-16438	165	5	xiaofeng	xiaofeng	PROPN
fbem-16438	165	6	,	,	PUNCT
fbem-16438	165	7	yin	yin	PROPN
fbem-16438	165	8	hongying	hongying	PROPN
fbem-16438	165	9	,	,	PUNCT
fbem-16438	165	10	wu	wu	PROPN
fbem-16438	165	11	hongjun	hongjun	PROPN
fbem-16438	165	12	.	.	PUNCT
fbem-16438	166	1	a	a	DET
fbem-16438	166	2	study	study	NOUN
fbem-16438	166	3	on	on	ADP
fbem-16438	166	4	the	the	DET
fbem-16438	166	5	asymmetric	asymmetric	ADJ
fbem-16438	166	6	effect	effect	NOUN
fbem-16438	166	7	of	of	ADP
fbem-16438	166	8	media	medium	NOUN
fbem-16438	166	9	coverage	coverage	NOUN
fbem-16438	166	10	on	on	ADP
fbem-16438	166	11	ipo	ipo	PROPN
fbem-16438	166	12	stock	stock	NOUN
fbem-16438	166	13	price	price	NOUN
fbem-16438	166	14	performance	performance	NOUN
fbem-16438	166	15	--	--	PUNCT
fbem-16438	166	16	empirical	empirical	ADJ
fbem-16438	166	17	evidence	evidence	NOUN
fbem-16438	166	18	from	from	ADP
fbem-16438	166	19	gem	gem	NOUN
fbem-16438	166	20	listed	list	VERB
fbem-16438	166	21	companies[j	companies[j	NOUN
fbem-16438	166	22	]	]	PUNCT
fbem-16438	166	23	.	.	PUNCT
fbem-16438	167	1	accounting	accounting	NOUN
fbem-16438	167	2	research	research	NOUN
fbem-16438	167	3	,	,	PUNCT
fbem-16438	167	4	2015(5	2015(5	NUM
fbem-16438	167	5	):	):	PUNCT
fbem-16438	167	6	56	56	NUM
fbem-16438	167	7	-	-	SYM
fbem-16438	167	8	63	63	NUM
fbem-16438	167	9	.	.	PUNCT
fbem-16438	168	1	[	[	X
fbem-16438	168	2	17	17	NUM
fbem-16438	168	3	]	]	X
fbem-16438	168	4	yu	yu	PROPN
fbem-16438	168	5	zhongbo	zhongbo	PROPN
fbem-16438	168	6	,	,	PUNCT
fbem-16438	168	7	tian	tian	PROPN
fbem-16438	168	8	gaoliang	gaoliang	PROPN
fbem-16438	168	9	,	,	PUNCT
fbem-16438	168	10	zhang	zhang	PROPN
fbem-16438	168	11	yongmei	yongmei	PROPN
fbem-16438	168	12	.	.	PUNCT
fbem-16438	169	1	media	medium	NOUN
fbem-16438	169	2	attention	attention	NOUN
fbem-16438	169	3	,	,	PUNCT
fbem-16438	169	4	institutional	institutional	ADJ
fbem-16438	169	5	environment	environment	NOUN
fbem-16438	169	6	and	and	CCONJ
fbem-16438	169	7	market	market	NOUN
fbem-16438	169	8	response	response	NOUN
fbem-16438	169	9	to	to	PART
fbem-16438	169	10	surplus	surplus	VERB
fbem-16438	169	11	information	information	NOUN
fbem-16438	169	12	a	a	DET
fbem-16438	169	13	retest	retest	NOUN
fbem-16438	169	14	of	of	ADP
fbem-16438	169	15	the	the	DET
fbem-16438	169	16	market	market	NOUN
fbem-16438	169	17	pressure	pressure	NOUN
fbem-16438	169	18	hypothesis[j	hypothesis[j	PROPN
fbem-16438	169	19	]	]	PUNCT
fbem-16438	169	20	.	.	PUNCT
fbem-16438	170	1	accounting	accounting	NOUN
fbem-16438	170	2	research	research	NOUN
fbem-16438	170	3	,	,	PUNCT
fbem-16438	170	4	2012(9	2012(9	NUM
fbem-16438	170	5	):	):	PUNCT
fbem-16438	170	6	4051	4051	NUM
fbem-16438	170	7	.	.	PUNCT
fbem-16438	171	1	[	[	X
fbem-16438	171	2	18	18	NUM
fbem-16438	171	3	]	]	X
fbem-16438	171	4	zhang	zhang	PROPN
fbem-16438	171	5	yahui	yahui	PROPN
fbem-16438	171	6	,	,	PUNCT
fbem-16438	171	7	wan	wan	PROPN
fbem-16438	171	8	di	di	PROPN
fbem-16438	171	9	fang	fang	PROPN
fbem-16438	171	10	,	,	PUNCT
fbem-16438	171	11	fu	fu	NOUN
fbem-16438	171	12	leiming	leiming	NOUN
fbem-16438	171	13	.	.	PUNCT
fbem-16438	172	1	the	the	DET
fbem-16438	172	2	media	medium	NOUN
fbem-16438	172	3	effect	effect	NOUN
fbem-16438	172	4	of	of	ADP
fbem-16438	172	5	stock	stock	NOUN
fbem-16438	172	6	returns	return	NOUN
fbem-16438	172	7	:	:	PUNCT
fbem-16438	172	8	risk	risk	NOUN
fbem-16438	172	9	compensation	compensation	NOUN
fbem-16438	172	10	or	or	CCONJ
fbem-16438	172	11	excessive	excessive	ADJ
fbem-16438	172	12	focus	focus	NOUN
fbem-16438	172	13	on	on	ADP
fbem-16438	172	14	vulnerability[j	vulnerability[j	NOUN
fbem-16438	172	15	]	]	PUNCT
fbem-16438	172	16	.	.	PUNCT
fbem-16438	173	1	financial	financial	ADJ
fbem-16438	173	2	research	research	NOUN
fbem-16438	173	3	,	,	PUNCT
fbem-16438	173	4	2011(8	2011(8	NUM
fbem-16438	173	5	):	):	PUNCT
fbem-16438	173	6	143156	143156	NUM
fbem-16438	173	7	.	.	PUNCT
fbem-16438	174	1	[	[	X
fbem-16438	174	2	19	19	NUM
fbem-16438	174	3	]	]	X
fbem-16438	174	4	tetlock	tetlock	NOUN
fbem-16438	174	5	,	,	PUNCT
fbem-16438	174	6	p.	p.	PROPN
fbem-16438	174	7	c.	c.	PROPN
fbem-16438	174	8	,	,	PUNCT
fbem-16438	174	9	saar	saar	PROPN
fbem-16438	174	10	tsechansky	tsechansky	NOUN
fbem-16438	174	11	,	,	PUNCT
fbem-16438	174	12	m.	m.	NOUN
fbem-16438	174	13	,	,	PUNCT
fbem-16438	174	14	macskassy	macskassy	NOUN
fbem-16438	174	15	,	,	PUNCT
fbem-16438	174	16	s.	s.	PROPN
fbem-16438	174	17	more	more	ADJ
fbem-16438	174	18	than	than	ADP
fbem-16438	174	19	words	word	NOUN
fbem-16438	174	20	:	:	PUNCT
fbem-16438	174	21	quantifying	quantify	VERB
fbem-16438	174	22	language	language	NOUN
fbem-16438	174	23	to	to	PART
fbem-16438	174	24	measure	measure	VERB
fbem-16438	174	25	firms	firm	NOUN
fbem-16438	174	26	'	'	PART
fbem-16438	174	27	fundamentals	fundamental	NOUN
fbem-16438	174	28	[	[	X
fbem-16438	174	29	j	j	X
fbem-16438	174	30	]	]	X
fbem-16438	174	31	.	.	PUNCT
fbem-16438	175	1	the	the	DET
fbem-16438	175	2	journal	journal	PROPN
fbem-16438	175	3	of	of	ADP
fbem-16438	175	4	finance	finance	NOUN
fbem-16438	175	5	,	,	PUNCT
fbem-16438	175	6	2008	2008	NUM
fbem-16438	175	7	,	,	PUNCT
fbem-16438	175	8	63	63	NUM
fbem-16438	175	9	(	(	PUNCT
fbem-16438	175	10	3	3	NUM
fbem-16438	175	11	)	)	PUNCT
fbem-16438	175	12	:	:	PUNCT
fbem-16438	175	13	1437	1437	NUM
fbem-16438	175	14	1467	1467	NUM
fbem-16438	175	15	.	.	PUNCT
fbem-16438	176	1	[	[	X
fbem-16438	176	2	20	20	NUM
fbem-16438	176	3	]	]	X
fbem-16438	176	4	fang	fang	X
fbem-16438	176	5	,	,	PUNCT
fbem-16438	176	6	l.	l.	PROPN
fbem-16438	176	7	,	,	PUNCT
fbem-16438	176	8	peress	peress	PROPN
fbem-16438	176	9	,	,	PUNCT
fbem-16438	176	10	j.	j.	PROPN
fbem-16438	176	11	media	media	PROPN
fbem-16438	176	12	coverage	coverage	PROPN
fbem-16438	176	13	and	and	CCONJ
fbem-16438	176	14	the	the	DET
fbem-16438	176	15	cross	cross	NOUN
fbem-16438	176	16	section	section	NOUN
fbem-16438	176	17	of	of	ADP
fbem-16438	176	18	stock	stock	NOUN
fbem-16438	176	19	returns	return	NOUN
fbem-16438	176	20	[	[	X
fbem-16438	176	21	j	j	X
fbem-16438	176	22	]	]	X
fbem-16438	176	23	.	.	PUNCT
fbem-16438	177	1	the	the	DET
fbem-16438	177	2	journal	journal	PROPN
fbem-16438	177	3	of	of	ADP
fbem-16438	177	4	finance	finance	NOUN
fbem-16438	177	5	,	,	PUNCT
fbem-16438	177	6	2009	2009	NUM
fbem-16438	177	7	,	,	PUNCT
fbem-16438	177	8	64	64	NUM
fbem-16438	177	9	(	(	PUNCT
fbem-16438	177	10	5	5	NUM
fbem-16438	177	11	)	)	PUNCT
fbem-16438	177	12	:	:	PUNCT
fbem-16438	177	13	2023	2023	NUM
fbem-16438	177	14	2052	2052	NUM
fbem-16438	177	15	.	.	PUNCT
fbem-16438	178	1	[	[	X
fbem-16438	178	2	21	21	NUM
fbem-16438	178	3	]	]	PUNCT
fbem-16438	178	4	bushee	bushee	NOUN
fbem-16438	178	5	,	,	PUNCT
fbem-16438	178	6	b.	b.	PROPN
fbem-16438	178	7	j.	j.	PROPN
fbem-16438	178	8	,	,	PUNCT
fbem-16438	178	9	core	core	PROPN
fbem-16438	178	10	,	,	PUNCT
fbem-16438	178	11	j.	j.	PROPN
fbem-16438	178	12	e.	e.	PROPN
fbem-16438	178	13	,	,	PUNCT
fbem-16438	178	14	guay	guay	PROPN
fbem-16438	178	15	,	,	PUNCT
fbem-16438	178	16	w.	w.	PROPN
fbem-16438	178	17	,	,	PUNCT
fbem-16438	178	18	et	et	PROPN
fbem-16438	178	19	al	al	PROPN
fbem-16438	178	20	.	.	PUNCT
fbem-16438	179	1	the	the	DET
fbem-16438	179	2	role	role	NOUN
fbem-16438	179	3	of	of	ADP
fbem-16438	179	4	the	the	DET
fbem-16438	179	5	business	business	NOUN
fbem-16438	179	6	press	press	NOUN
fbem-16438	179	7	as	as	ADP
fbem-16438	179	8	an	an	DET
fbem-16438	179	9	information	information	NOUN
fbem-16438	179	10	intermediary	intermediary	NOUN
fbem-16438	179	11	［j］.	［j］.	PROPN
fbem-16438	179	12	journal	journal	NOUN
fbem-16438	179	13	of	of	ADP
fbem-16438	179	14	accounting	accounting	NOUN
fbem-16438	179	15	research	research	NOUN
fbem-16438	179	16	,	,	PUNCT
fbem-16438	179	17	2010	2010	NUM
fbem-16438	179	18	,	,	PUNCT
fbem-16438	179	19	48	48	NUM
fbem-16438	179	20	(	(	PUNCT
fbem-16438	179	21	1	1	NUM
fbem-16438	179	22	)	)	PUNCT
fbem-16438	179	23	:	:	PUNCT
fbem-16438	179	24	1	1	NUM
fbem-16438	179	25	19	19	NUM
fbem-16438	179	26	.	.	PUNCT
fbem-16438	180	1	[	[	X
fbem-16438	180	2	22	22	NUM
fbem-16438	180	3	]	]	X
fbem-16438	180	4	dyck	dyck	PROPN
fbem-16438	180	5	,	,	PUNCT
fbem-16438	180	6	a.	a.	NOUN
fbem-16438	180	7	,	,	PUNCT
fbem-16438	180	8	n.	n.	PROPN
fbem-16438	180	9	volchkova	volchkova	PROPN
fbem-16438	180	10	,	,	PUNCT
fbem-16438	180	11	and	and	CCONJ
fbem-16438	180	12	l.	l.	PROPN
fbem-16438	180	13	zingales	zingales	PROPN
fbem-16438	180	14	.	.	PUNCT
fbem-16438	181	1	the	the	DET
fbem-16438	181	2	corporate	corporate	ADJ
fbem-16438	181	3	governance	governance	NOUN
fbem-16438	181	4	role	role	NOUN
fbem-16438	181	5	of	of	ADP
fbem-16438	181	6	the	the	DET
fbem-16438	181	7	media	medium	NOUN
fbem-16438	181	8	:	:	PUNCT
fbem-16438	181	9	evidence	evidence	NOUN
fbem-16438	181	10	from	from	ADP
fbem-16438	181	11	russia	russia	PROPN
fbem-16438	181	12	.	.	PUNCT
fbem-16438	182	1	the	the	DET
fbem-16438	182	2	journal	journal	PROPN
fbem-16438	182	3	of	of	ADP
fbem-16438	182	4	finance	finance	NOUN
fbem-16438	182	5	,	,	PUNCT
fbem-16438	182	6	2008	2008	NUM
fbem-16438	182	7	,	,	PUNCT
fbem-16438	182	8	63	63	NUM
fbem-16438	182	9	(	(	PUNCT
fbem-16438	182	10	3	3	NUM
fbem-16438	182	11	)	)	PUNCT
fbem-16438	182	12	:	:	PUNCT
fbem-16438	182	13	10931135	10931135	NUM
fbem-16438	182	14	[	[	X
fbem-16438	182	15	23	23	NUM
fbem-16438	182	16	]	]	SYM
fbem-16438	182	17	engelberg	engelberg	PROPN
fbem-16438	182	18	,	,	PUNCT
fbem-16438	182	19	j.e	j.e	PROPN
fbem-16438	182	20	.	.	PROPN
fbem-16438	182	21	,	,	PUNCT
fbem-16438	182	22	and	and	CCONJ
fbem-16438	182	23	c.a	c.a	PROPN
fbem-16438	182	24	.	.	PROPN
fbem-16438	182	25	parsons	parsons	PROPN
fbem-16438	182	26	.	.	PUNCT
fbem-16438	183	1	the	the	DET
fbem-16438	183	2	causal	causal	ADJ
fbem-16438	183	3	impact	impact	NOUN
fbem-16438	183	4	of	of	ADP
fbem-16438	183	5	media	medium	NOUN
fbem-16438	183	6	in	in	ADP
fbem-16438	183	7	financial	financial	ADJ
fbem-16438	183	8	markets	market	NOUN
fbem-16438	183	9	.	.	PUNCT
fbem-16438	184	1	journal	journal	PROPN
fbem-16438	184	2	of	of	ADP
fbem-16438	184	3	finance	finance	NOUN
fbem-16438	184	4	,	,	PUNCT
fbem-16438	184	5	2011,66	2011,66	NUM
fbem-16438	184	6	(	(	PUNCT
fbem-16438	184	7	1	1	NUM
fbem-16438	184	8	)	)	PUNCT
fbem-16438	184	9	:	:	PUNCT
fbem-16438	184	10	67	67	NUM
fbem-16438	184	11	-	-	SYM
fbem-16438	184	12	97	97	NUM
fbem-16438	184	13	[	[	X
fbem-16438	184	14	24	24	NUM
fbem-16438	184	15	]	]	X
fbem-16438	184	16	kim	kim	PROPN
fbem-16438	184	17	,	,	PUNCT
fbem-16438	184	18	j.	j.	PROPN
fbem-16438	184	19	b.	b.	PROPN
fbem-16438	184	20	,	,	PUNCT
fbem-16438	184	21	z.	z.	PROPN
fbem-16438	184	22	yu	yu	PROPN
fbem-16438	184	23	,	,	PUNCT
fbem-16438	184	24	and	and	CCONJ
fbem-16438	184	25	h.	h.	PROPN
fbem-16438	184	26	zhang	zhang	PROPN
fbem-16438	184	27	.	.	PUNCT
fbem-16438	185	1	can	can	AUX
fbem-16438	185	2	media	media	NOUN
fbem-16438	185	3	exposure	exposure	NOUN
fbem-16438	185	4	improve	improve	VERB
fbem-16438	185	5	stock	stock	NOUN
fbem-16438	185	6	price	price	NOUN
fbem-16438	185	7	efficiency	efficiency	NOUN
fbem-16438	185	8	in	in	ADP
fbem-16438	185	9	china	china	PROPN
fbem-16438	185	10	and	and	CCONJ
fbem-16438	185	11	why?.china	why?.china	PROPN
fbem-16438	185	12	journal	journal	PROPN
fbem-16438	185	13	of	of	ADP
fbem-16438	185	14	accounting	accounting	NOUN
fbem-16438	185	15	research	research	NOUN
fbem-16438	185	16	,	,	PUNCT
fbem-16438	185	17	2016	2016	NUM
fbem-16438	185	18	,	,	PUNCT
fbem-16438	185	19	9	9	NUM
fbem-16438	185	20	(	(	PUNCT
fbem-16438	185	21	2	2	NUM
fbem-16438	185	22	)	)	PUNCT
fbem-16438	185	23	:	:	PUNCT
fbem-16438	185	24	83	83	NUM
fbem-16438	185	25	-	-	SYM
fbem-16438	185	26	114	114	NUM
fbem-16438	185	27	[	[	X
fbem-16438	185	28	25	25	NUM
fbem-16438	185	29	]	]	PUNCT
fbem-16438	185	30	nguyen	nguyen	NOUN
fbem-16438	185	31	,	,	PUNCT
fbem-16438	185	32	b.	b.	PROPN
fbem-16438	185	33	d.	d.	PROPN
fbem-16438	185	34	is	be	AUX
fbem-16438	185	35	more	more	ADJ
fbem-16438	185	36	news	news	NOUN
fbem-16438	185	37	good	good	ADJ
fbem-16438	185	38	news	news	NOUN
fbem-16438	185	39	?	?	PUNCT
fbem-16438	186	1	media	medium	NOUN
fbem-16438	186	2	coverage	coverage	NOUN
fbem-16438	186	3	of	of	ADP
fbem-16438	186	4	ceos	ceo	NOUN
fbem-16438	186	5	,	,	PUNCT
fbem-16438	186	6	firm	firm	ADJ
fbem-16438	186	7	value	value	NOUN
fbem-16438	186	8	,	,	PUNCT
fbem-16438	186	9	and	and	CCONJ
fbem-16438	186	10	rent	rent	VERB
fbem-16438	186	11	extraction.the	extraction.the	DET
fbem-16438	186	12	quarterly	quarterly	ADJ
fbem-16438	186	13	journal	journal	NOUN
fbem-16438	186	14	of	of	ADP
fbem-16438	186	15	finance	finance	NOUN
fbem-16438	186	16	,	,	PUNCT
fbem-16438	186	17	2015,5	2015,5	NUM
fbem-16438	186	18	(	(	PUNCT
fbem-16438	186	19	4	4	NUM
fbem-16438	186	20	)	)	PUNCT
fbem-16438	186	21	:	:	PUNCT
fbem-16438	186	22	1550020	1550020	NUM
fbem-16438	186	23	[	[	X
fbem-16438	186	24	26	26	NUM
fbem-16438	186	25	]	]	X
fbem-16438	186	26	peress	peress	NOUN
fbem-16438	186	27	,	,	PUNCT
fbem-16438	186	28	j.	j.	PROPN
fbem-16438	186	29	,	,	PUNCT
fbem-16438	186	30	and	and	CCONJ
fbem-16438	186	31	l.	l.	PROPN
fbem-16438	186	32	fang	fang	PROPN
fbem-16438	186	33	.	.	PUNCT
fbem-16438	187	1	media	medium	NOUN
fbem-16438	187	2	coverage	coverage	NOUN
fbem-16438	187	3	and	and	CCONJ
fbem-16438	187	4	the	the	DET
fbem-16438	187	5	cross	cross	NOUN
fbem-16438	187	6	-	-	NOUN
fbem-16438	187	7	section	section	NOUN
fbem-16438	187	8	of	of	ADP
fbem-16438	187	9	stock	stock	NOUN
fbem-16438	187	10	returns	return	NOUN
fbem-16438	187	11	.	.	PUNCT
fbem-16438	188	1	journal	journal	NOUN
fbem-16438	188	2	of	of	ADP
fbem-16438	188	3	finance	finance	NOUN
fbem-16438	188	4	,	,	PUNCT
fbem-16438	188	5	2008,64	2008,64	NUM
fbem-16438	188	6	(	(	PUNCT
fbem-16438	188	7	5	5	NUM
fbem-16438	188	8	)	)	PUNCT
fbem-16438	188	9	:	:	PUNCT
fbem-16438	188	10	2023	2023	NUM
fbem-16438	188	11	-	-	SYM
fbem-16438	188	12	2052	2052	NUM
fbem-16438	188	13	.	.	PUNCT