id	sid	tid	token	lemma	pos
fbem-18143	1	1	frontiers	frontier	NOUN
fbem-18143	1	2	in	in	ADP
fbem-18143	1	3	business	business	NOUN
fbem-18143	1	4	,	,	PUNCT
fbem-18143	1	5	economics	economic	NOUN
fbem-18143	1	6	and	and	CCONJ
fbem-18143	1	7	management	management	NOUN
fbem-18143	1	8	issn	issn	PROPN
fbem-18143	1	9	:	:	PUNCT
fbem-18143	1	10	2766	2766	NUM
fbem-18143	1	11	-	-	PUNCT
fbem-18143	1	12	824x	824x	NUM
fbem-18143	1	13	|	|	ADJ
fbem-18143	1	14	vol	vol	NOUN
fbem-18143	1	15	.	.	PROPN
fbem-18143	1	16	13	13	NUM
fbem-18143	1	17	,	,	PUNCT
fbem-18143	1	18	no	no	INTJ
fbem-18143	1	19	.	.	NOUN
fbem-18143	1	20	3	3	NUM
fbem-18143	1	21	,	,	PUNCT
fbem-18143	1	22	2024	2024	NUM
fbem-18143	1	23	10	10	NUM
fbem-18143	1	24	why	why	SCONJ
fbem-18143	1	25	state	state	NOUN
fbem-18143	1	26	power	power	NOUN
fbem-18143	1	27	pivotal	pivotal	ADJ
fbem-18143	1	28	to	to	ADP
fbem-18143	1	29	economic	economic	ADJ
fbem-18143	1	30	growth	growth	NOUN
fbem-18143	1	31	?	?	PUNCT
fbem-18143	2	1	a	a	DET
fbem-18143	2	2	review	review	NOUN
fbem-18143	2	3	of	of	ADP
fbem-18143	2	4	firms	firm	NOUN
fbem-18143	2	5	’	’	PART
fbem-18143	2	6	performance	performance	NOUN
fbem-18143	2	7	in	in	ADP
fbem-18143	2	8	dynamic	dynamic	ADJ
fbem-18143	2	9	economies	economy	NOUN
fbem-18143	2	10	duyang	duyang	VERB
fbem-18143	2	11	zhou1	zhou1	NOUN
fbem-18143	2	12	,	,	PUNCT
fbem-18143	2	13	a	a	DET
fbem-18143	2	14	1sealand	1sealand	NUM
fbem-18143	2	15	securities	securities	PROPN
fbem-18143	2	16	co.	co.	PROPN
fbem-18143	2	17	ltd	ltd	PROPN
fbem-18143	2	18	.	.	PROPN
fbem-18143	2	19	,	,	PUNCT
fbem-18143	2	20	beijing	beijing	PROPN
fbem-18143	2	21	,	,	PUNCT
fbem-18143	2	22	china	china	PROPN
fbem-18143	2	23	aauthor	aauthor	PROPN
fbem-18143	2	24	email	email	NOUN
fbem-18143	2	25	:	:	PUNCT
fbem-18143	2	26	zhouduyang007@sina.com	zhouduyang007@sina.com	X
fbem-18143	2	27	abstract	abstract	NOUN
fbem-18143	2	28	:	:	PUNCT
fbem-18143	2	29	market	market	NOUN
fbem-18143	2	30	regulations	regulation	NOUN
fbem-18143	2	31	,	,	PUNCT
fbem-18143	2	32	governmental	governmental	ADJ
fbem-18143	2	33	capital	capital	NOUN
fbem-18143	2	34	,	,	PUNCT
fbem-18143	2	35	and	and	CCONJ
fbem-18143	2	36	politically	politically	ADV
fbem-18143	2	37	connected	connect	VERB
fbem-18143	2	38	managerial	managerial	ADJ
fbem-18143	2	39	teams	team	NOUN
fbem-18143	2	40	are	be	AUX
fbem-18143	2	41	incrementally	incrementally	ADV
fbem-18143	2	42	functioned	function	VERB
fbem-18143	2	43	,	,	PUNCT
fbem-18143	2	44	together	together	ADV
fbem-18143	2	45	with	with	SCONJ
fbem-18143	2	46	private	private	ADJ
fbem-18143	2	47	-	-	PUNCT
fbem-18143	2	48	owned	own	VERB
fbem-18143	2	49	capital	capital	NOUN
fbem-18143	2	50	flows	flow	VERB
fbem-18143	2	51	perennially	perennially	ADV
fbem-18143	2	52	.	.	PUNCT
fbem-18143	3	1	this	this	DET
fbem-18143	3	2	paper	paper	NOUN
fbem-18143	3	3	reviews	review	VERB
fbem-18143	3	4	how	how	SCONJ
fbem-18143	3	5	macro	macro	ADJ
fbem-18143	3	6	-	-	NOUN
fbem-18143	3	7	environment	environment	ADJ
fbem-18143	3	8	determinants	determinant	NOUN
fbem-18143	3	9	,	,	PUNCT
fbem-18143	3	10	state	state	NOUN
fbem-18143	3	11	-	-	PUNCT
fbem-18143	3	12	owned	own	VERB
fbem-18143	3	13	capital	capital	NOUN
fbem-18143	3	14	,	,	PUNCT
fbem-18143	3	15	as	as	ADV
fbem-18143	3	16	well	well	ADV
fbem-18143	3	17	as	as	ADP
fbem-18143	3	18	managers	manager	NOUN
fbem-18143	3	19	with	with	ADP
fbem-18143	3	20	connections	connection	NOUN
fbem-18143	3	21	affecting	affect	VERB
fbem-18143	3	22	corporate	corporate	ADJ
fbem-18143	3	23	performance	performance	NOUN
fbem-18143	3	24	in	in	ADP
fbem-18143	3	25	dynamic	dynamic	ADJ
fbem-18143	3	26	economies	economy	NOUN
fbem-18143	3	27	,	,	PUNCT
fbem-18143	3	28	such	such	ADJ
fbem-18143	3	29	as	as	ADP
fbem-18143	3	30	china	china	PROPN
fbem-18143	3	31	,	,	PUNCT
fbem-18143	3	32	malaysia	malaysia	PROPN
fbem-18143	3	33	,	,	PUNCT
fbem-18143	3	34	and	and	CCONJ
fbem-18143	3	35	nigeria	nigeria	PROPN
fbem-18143	3	36	.	.	PUNCT
fbem-18143	4	1	the	the	DET
fbem-18143	4	2	findings	finding	NOUN
fbem-18143	4	3	clearly	clearly	ADV
fbem-18143	4	4	indicate	indicate	VERB
fbem-18143	4	5	that	that	SCONJ
fbem-18143	4	6	firms	firm	NOUN
fbem-18143	4	7	with	with	ADP
fbem-18143	4	8	politically	politically	ADV
fbem-18143	4	9	connected	connect	VERB
fbem-18143	4	10	manager	manager	NOUN
fbem-18143	4	11	and	and	CCONJ
fbem-18143	4	12	state	state	NOUN
fbem-18143	4	13	-	-	PUNCT
fbem-18143	4	14	owned	own	VERB
fbem-18143	4	15	capital	capital	NOUN
fbem-18143	4	16	outperform	outperform	NOUN
fbem-18143	4	17	in	in	ADP
fbem-18143	4	18	china	china	PROPN
fbem-18143	4	19	,	,	PUNCT
fbem-18143	4	20	with	with	ADP
fbem-18143	4	21	higher	high	ADJ
fbem-18143	4	22	ipo	ipo	NOUN
fbem-18143	4	23	approvals	approval	NOUN
fbem-18143	4	24	,	,	PUNCT
fbem-18143	4	25	governing	govern	VERB
fbem-18143	4	26	roles	role	NOUN
fbem-18143	4	27	as	as	ADP
fbem-18143	4	28	informal	informal	ADJ
fbem-18143	4	29	structure	structure	NOUN
fbem-18143	4	30	,	,	PUNCT
fbem-18143	4	31	and	and	CCONJ
fbem-18143	4	32	tax	tax	NOUN
fbem-18143	4	33	benefits	benefit	NOUN
fbem-18143	4	34	.	.	PUNCT
fbem-18143	5	1	the	the	DET
fbem-18143	5	2	research	research	NOUN
fbem-18143	5	3	has	have	AUX
fbem-18143	5	4	also	also	ADV
fbem-18143	5	5	shown	show	VERB
fbem-18143	5	6	that	that	SCONJ
fbem-18143	5	7	stability	stability	NOUN
fbem-18143	5	8	lays	lay	VERB
fbem-18143	5	9	a	a	DET
fbem-18143	5	10	foundation	foundation	NOUN
fbem-18143	5	11	for	for	SCONJ
fbem-18143	5	12	businesses	business	NOUN
fbem-18143	5	13	to	to	PART
fbem-18143	5	14	strive	strive	VERB
fbem-18143	5	15	.	.	PUNCT
fbem-18143	6	1	keywords	keyword	NOUN
fbem-18143	6	2	:	:	PUNCT
fbem-18143	6	3	macro	macro	NOUN
fbem-18143	6	4	-	-	NOUN
fbem-18143	6	5	environment	environment	NOUN
fbem-18143	6	6	,	,	PUNCT
fbem-18143	6	7	state	state	NOUN
fbem-18143	6	8	-	-	PUNCT
fbem-18143	6	9	owned	own	VERB
fbem-18143	6	10	capital	capital	NOUN
fbem-18143	6	11	,	,	PUNCT
fbem-18143	6	12	managers	manager	NOUN
fbem-18143	6	13	with	with	ADP
fbem-18143	6	14	connections	connection	NOUN
fbem-18143	6	15	,	,	PUNCT
fbem-18143	6	16	corporate	corporate	ADJ
fbem-18143	6	17	performance	performance	NOUN
fbem-18143	6	18	.	.	PUNCT
fbem-18143	7	1	1	1	X
fbem-18143	7	2	.	.	X
fbem-18143	7	3	introduction	introduction	NOUN
fbem-18143	7	4	politics	politic	NOUN
fbem-18143	7	5	and	and	CCONJ
fbem-18143	7	6	governmental	governmental	ADJ
fbem-18143	7	7	interventions	intervention	NOUN
fbem-18143	7	8	are	be	AUX
fbem-18143	7	9	practically	practically	ADV
fbem-18143	7	10	beneficial	beneficial	ADJ
fbem-18143	7	11	for	for	ADP
fbem-18143	7	12	corporations	corporation	NOUN
fbem-18143	7	13	,	,	PUNCT
fbem-18143	7	14	and	and	CCONJ
fbem-18143	7	15	therefore	therefore	ADV
fbem-18143	7	16	for	for	ADP
fbem-18143	7	17	economic	economic	ADJ
fbem-18143	7	18	growth	growth	NOUN
fbem-18143	7	19	.	.	PUNCT
fbem-18143	8	1	one	one	NUM
fbem-18143	8	2	channel	channel	NOUN
fbem-18143	8	3	is	be	AUX
fbem-18143	8	4	through	through	ADP
fbem-18143	8	5	economic	economic	ADJ
fbem-18143	8	6	reform	reform	NOUN
fbem-18143	8	7	,	,	PUNCT
fbem-18143	8	8	which	which	PRON
fbem-18143	8	9	brings	bring	VERB
fbem-18143	8	10	one	one	NUM
fbem-18143	8	11	national	national	ADJ
fbem-18143	8	12	economy	economy	NOUN
fbem-18143	8	13	to	to	ADP
fbem-18143	8	14	globalization	globalization	NOUN
fbem-18143	8	15	(	(	PUNCT
fbem-18143	8	16	sachs	sachs	PROPN
fbem-18143	8	17	et	et	PROPN
fbem-18143	8	18	al	al	PROPN
fbem-18143	8	19	.	.	PROPN
fbem-18143	8	20	,	,	PUNCT
fbem-18143	8	21	1995	1995	NUM
fbem-18143	8	22	)	)	PUNCT
fbem-18143	8	23	.	.	PUNCT
fbem-18143	9	1	as	as	ADP
fbem-18143	9	2	a	a	DET
fbem-18143	9	3	result	result	NOUN
fbem-18143	9	4	of	of	ADP
fbem-18143	9	5	globalization	globalization	NOUN
fbem-18143	9	6	,	,	PUNCT
fbem-18143	9	7	more	more	ADV
fbem-18143	9	8	reasonable	reasonable	ADJ
fbem-18143	9	9	taxations	taxation	NOUN
fbem-18143	9	10	,	,	PUNCT
fbem-18143	9	11	better	well	ADJ
fbem-18143	9	12	trade	trade	NOUN
fbem-18143	9	13	policies	policy	NOUN
fbem-18143	9	14	,	,	PUNCT
fbem-18143	9	15	and	and	CCONJ
fbem-18143	9	16	potential	potential	ADJ
fbem-18143	9	17	markets	market	NOUN
fbem-18143	9	18	emerged	emerge	VERB
fbem-18143	9	19	,	,	PUNCT
fbem-18143	9	20	with	with	ADP
fbem-18143	9	21	more	more	ADJ
fbem-18143	9	22	job	job	NOUN
fbem-18143	9	23	opportunities	opportunity	NOUN
fbem-18143	9	24	and	and	CCONJ
fbem-18143	9	25	a	a	DET
fbem-18143	9	26	larger	large	ADJ
fbem-18143	9	27	variety	variety	NOUN
fbem-18143	9	28	of	of	ADP
fbem-18143	9	29	consumer	consumer	NOUN
fbem-18143	9	30	goods	good	NOUN
fbem-18143	9	31	created	create	VERB
fbem-18143	9	32	.	.	PUNCT
fbem-18143	10	1	one	one	NUM
fbem-18143	10	2	good	good	ADJ
fbem-18143	10	3	example	example	NOUN
fbem-18143	10	4	is	be	AUX
fbem-18143	10	5	that	that	SCONJ
fbem-18143	10	6	the	the	DET
fbem-18143	10	7	economic	economic	ADJ
fbem-18143	10	8	reform	reform	NOUN
fbem-18143	10	9	in	in	ADP
fbem-18143	10	10	china	china	PROPN
fbem-18143	10	11	has	have	AUX
fbem-18143	10	12	been	be	AUX
fbem-18143	10	13	a	a	DET
fbem-18143	10	14	triumph	triumph	NOUN
fbem-18143	10	15	.	.	PUNCT
fbem-18143	11	1	due	due	ADP
fbem-18143	11	2	to	to	ADP
fbem-18143	11	3	the	the	DET
fbem-18143	11	4	implementation	implementation	NOUN
fbem-18143	11	5	of	of	ADP
fbem-18143	11	6	‘	'	PUNCT
fbem-18143	11	7	reform	reform	NOUN
fbem-18143	11	8	and	and	CCONJ
fbem-18143	11	9	opening	opening	NOUN
fbem-18143	11	10	-	-	PUNCT
fbem-18143	11	11	up	up	NOUN
fbem-18143	11	12	’	'	PUNCT
fbem-18143	11	13	,	,	PUNCT
fbem-18143	11	14	there	there	PRON
fbem-18143	11	15	is	be	VERB
fbem-18143	11	16	a	a	DET
fbem-18143	11	17	significant	significant	ADJ
fbem-18143	11	18	rise	rise	NOUN
fbem-18143	11	19	in	in	ADP
fbem-18143	11	20	the	the	DET
fbem-18143	11	21	productivity	productivity	NOUN
fbem-18143	11	22	of	of	ADP
fbem-18143	11	23	chinese	chinese	ADJ
fbem-18143	11	24	state	state	NOUN
fbem-18143	11	25	-	-	PUNCT
fbem-18143	11	26	owned	own	VERB
fbem-18143	11	27	firms	firm	NOUN
fbem-18143	11	28	between	between	ADP
fbem-18143	11	29	19801989	19801989	NUM
fbem-18143	11	30	(	(	PUNCT
fbem-18143	11	31	li	li	PROPN
fbem-18143	11	32	,	,	PUNCT
fbem-18143	11	33	1997	1997	NUM
fbem-18143	11	34	)	)	PUNCT
fbem-18143	11	35	.	.	PUNCT
fbem-18143	12	1	identically	identically	ADV
fbem-18143	12	2	,	,	PUNCT
fbem-18143	12	3	another	another	DET
fbem-18143	12	4	research	research	NOUN
fbem-18143	12	5	conducted	conduct	VERB
fbem-18143	12	6	by	by	ADP
fbem-18143	12	7	jefferson	jefferson	PROPN
fbem-18143	12	8	et	et	PROPN
fbem-18143	12	9	al	al	PROPN
fbem-18143	12	10	.	.	PROPN
fbem-18143	13	1	(	(	PUNCT
fbem-18143	13	2	1992	1992	NUM
fbem-18143	13	3	)	)	PUNCT
fbem-18143	13	4	elucidates	elucidate	VERB
fbem-18143	13	5	consistent	consistent	ADJ
fbem-18143	13	6	findings	finding	NOUN
fbem-18143	13	7	,	,	PUNCT
fbem-18143	13	8	empirically	empirically	ADV
fbem-18143	13	9	proving	prove	VERB
fbem-18143	13	10	that	that	SCONJ
fbem-18143	13	11	total	total	ADJ
fbem-18143	13	12	factor	factor	NOUN
fbem-18143	13	13	productivity	productivity	NOUN
fbem-18143	13	14	(	(	PUNCT
fbem-18143	13	15	tfp	tfp	PROPN
fbem-18143	13	16	)	)	PUNCT
fbem-18143	13	17	increases	increase	VERB
fbem-18143	13	18	to	to	ADP
fbem-18143	13	19	2.4	2.4	NUM
fbem-18143	13	20	%	%	NOUN
fbem-18143	13	21	in	in	ADP
fbem-18143	13	22	state	state	NOUN
fbem-18143	13	23	-	-	PUNCT
fbem-18143	13	24	owned	own	VERB
fbem-18143	13	25	sectors	sector	NOUN
fbem-18143	13	26	,	,	PUNCT
fbem-18143	13	27	owing	owe	VERB
fbem-18143	13	28	to	to	ADP
fbem-18143	13	29	the	the	DET
fbem-18143	13	30	political	political	ADJ
fbem-18143	13	31	and	and	CCONJ
fbem-18143	13	32	governmental	governmental	ADJ
fbem-18143	13	33	behaviors	behavior	NOUN
fbem-18143	13	34	subsequentially	subsequentially	ADV
fbem-18143	13	35	.	.	PUNCT
fbem-18143	14	1	furthermore	furthermore	ADV
fbem-18143	14	2	,	,	PUNCT
fbem-18143	14	3	empowering	empower	VERB
fbem-18143	14	4	managerial	managerial	ADJ
fbem-18143	14	5	members	member	NOUN
fbem-18143	14	6	and	and	CCONJ
fbem-18143	14	7	implementing	implement	VERB
fbem-18143	14	8	incentives	incentive	NOUN
fbem-18143	14	9	,	,	PUNCT
fbem-18143	14	10	both	both	PRON
fbem-18143	14	11	of	of	ADP
fbem-18143	14	12	which	which	PRON
fbem-18143	14	13	are	be	AUX
fbem-18143	14	14	adjustable	adjustable	ADJ
fbem-18143	14	15	regulations	regulation	NOUN
fbem-18143	14	16	in	in	ADP
fbem-18143	14	17	corporate	corporate	ADJ
fbem-18143	14	18	governance	governance	NOUN
fbem-18143	14	19	,	,	PUNCT
fbem-18143	14	20	are	be	AUX
fbem-18143	14	21	enormously	enormously	ADV
fbem-18143	14	22	influential	influential	ADJ
fbem-18143	14	23	in	in	ADP
fbem-18143	14	24	boosting	boost	VERB
fbem-18143	14	25	economic	economic	ADJ
fbem-18143	14	26	efficiency	efficiency	NOUN
fbem-18143	14	27	(	(	PUNCT
fbem-18143	14	28	chen	chen	PROPN
fbem-18143	14	29	et	et	PROPN
fbem-18143	14	30	al	al	PROPN
fbem-18143	14	31	.	.	PROPN
fbem-18143	14	32	,	,	PUNCT
fbem-18143	14	33	1992	1992	NUM
fbem-18143	14	34	)	)	PUNCT
fbem-18143	14	35	.	.	PUNCT
fbem-18143	15	1	in	in	ADP
fbem-18143	15	2	brief	brief	NOUN
fbem-18143	15	3	,	,	PUNCT
fbem-18143	15	4	the	the	DET
fbem-18143	15	5	pattern	pattern	NOUN
fbem-18143	15	6	of	of	ADP
fbem-18143	15	7	how	how	SCONJ
fbem-18143	15	8	administration	administration	NOUN
fbem-18143	15	9	regulates	regulate	VERB
fbem-18143	15	10	and	and	CCONJ
fbem-18143	15	11	that	that	PRON
fbem-18143	15	12	of	of	ADP
fbem-18143	15	13	political	political	ADJ
fbem-18143	15	14	interference	interference	NOUN
fbem-18143	15	15	,	,	PUNCT
fbem-18143	15	16	such	such	ADJ
fbem-18143	15	17	as	as	ADP
fbem-18143	15	18	‘	'	PUNCT
fbem-18143	15	19	reform	reform	NOUN
fbem-18143	15	20	and	and	CCONJ
fbem-18143	15	21	opening	opening	NOUN
fbem-18143	15	22	-	-	PUNCT
fbem-18143	15	23	up	up	NOUN
fbem-18143	15	24	’	'	PUNCT
fbem-18143	15	25	in	in	ADP
fbem-18143	15	26	china	china	PROPN
fbem-18143	15	27	,	,	PUNCT
fbem-18143	15	28	proceeds	proceed	VERB
fbem-18143	15	29	economic	economic	ADJ
fbem-18143	15	30	growth	growth	NOUN
fbem-18143	15	31	and	and	CCONJ
fbem-18143	15	32	thus	thus	ADV
fbem-18143	15	33	leading	lead	VERB
fbem-18143	15	34	to	to	ADP
fbem-18143	15	35	a	a	DET
fbem-18143	15	36	country	country	NOUN
fbem-18143	15	37	’s	’s	PART
fbem-18143	15	38	modernization	modernization	NOUN
fbem-18143	15	39	.	.	PUNCT
fbem-18143	16	1	apart	apart	ADV
fbem-18143	16	2	from	from	ADP
fbem-18143	16	3	adopting	adopt	VERB
fbem-18143	16	4	measures	measure	NOUN
fbem-18143	16	5	directly	directly	ADV
fbem-18143	16	6	from	from	ADP
fbem-18143	16	7	authorities	authority	NOUN
fbem-18143	16	8	,	,	PUNCT
fbem-18143	16	9	participation	participation	NOUN
fbem-18143	16	10	in	in	ADP
fbem-18143	16	11	capital	capital	NOUN
fbem-18143	16	12	investment	investment	NOUN
fbem-18143	16	13	and	and	CCONJ
fbem-18143	16	14	the	the	DET
fbem-18143	16	15	impact	impact	NOUN
fbem-18143	16	16	on	on	ADP
fbem-18143	16	17	the	the	DET
fbem-18143	16	18	managerial	managerial	ADJ
fbem-18143	16	19	level	level	NOUN
fbem-18143	16	20	have	have	AUX
fbem-18143	16	21	drawn	draw	VERB
fbem-18143	16	22	academia	academia	NOUN
fbem-18143	16	23	’s	’s	PART
fbem-18143	16	24	attention	attention	NOUN
fbem-18143	16	25	.	.	PUNCT
fbem-18143	17	1	discussions	discussion	NOUN
fbem-18143	17	2	on	on	ADP
fbem-18143	17	3	whether	whether	SCONJ
fbem-18143	17	4	government	government	NOUN
fbem-18143	17	5	-	-	PUNCT
fbem-18143	17	6	linked	link	VERB
fbem-18143	17	7	companies	company	NOUN
fbem-18143	17	8	(	(	PUNCT
fbem-18143	17	9	glcs	glcs	NOUN
fbem-18143	17	10	)	)	PUNCT
fbem-18143	17	11	elevate	elevate	VERB
fbem-18143	17	12	enterprises	enterprise	NOUN
fbem-18143	17	13	’	'	PUNCT
fbem-18143	17	14	valuation	valuation	NOUN
fbem-18143	17	15	(	(	PUNCT
fbem-18143	17	16	lau	lau	PROPN
fbem-18143	17	17	&	&	CCONJ
fbem-18143	17	18	tong	tong	PROPN
fbem-18143	17	19	,	,	PUNCT
fbem-18143	17	20	2008	2008	NUM
fbem-18143	17	21	)	)	PUNCT
fbem-18143	17	22	,	,	PUNCT
fbem-18143	17	23	or	or	CCONJ
fbem-18143	17	24	be	be	AUX
fbem-18143	17	25	potentially	potentially	ADV
fbem-18143	17	26	damaging	damaging	ADJ
fbem-18143	17	27	to	to	ADP
fbem-18143	17	28	corporate	corporate	ADJ
fbem-18143	17	29	governance	governance	NOUN
fbem-18143	17	30	(	(	PUNCT
fbem-18143	17	31	hisyam	hisyam	NOUN
fbem-18143	17	32	et	et	PROPN
fbem-18143	17	33	al	al	PROPN
fbem-18143	17	34	.	.	PROPN
fbem-18143	17	35	,	,	PUNCT
fbem-18143	17	36	2011	2011	NUM
fbem-18143	17	37	)	)	PUNCT
fbem-18143	17	38	and	and	CCONJ
fbem-18143	17	39	to	to	ADP
fbem-18143	17	40	the	the	DET
fbem-18143	17	41	sector	sector	NOUN
fbem-18143	17	42	of	of	ADP
fbem-18143	17	43	private	private	ADJ
fbem-18143	17	44	investment	investment	NOUN
fbem-18143	17	45	(	(	PUNCT
fbem-18143	17	46	menon	menon	PROPN
fbem-18143	17	47	,	,	PUNCT
fbem-18143	17	48	2017	2017	NUM
fbem-18143	17	49	)	)	PUNCT
fbem-18143	17	50	,	,	PUNCT
fbem-18143	17	51	are	be	AUX
fbem-18143	17	52	somewhat	somewhat	ADV
fbem-18143	17	53	surprising	surprising	ADJ
fbem-18143	17	54	,	,	PUNCT
fbem-18143	17	55	with	with	ADP
fbem-18143	17	56	seemingly	seemingly	ADV
fbem-18143	17	57	controversial	controversial	ADJ
fbem-18143	17	58	coexistence	coexistence	NOUN
fbem-18143	17	59	.	.	PUNCT
fbem-18143	18	1	however	however	ADV
fbem-18143	18	2	,	,	PUNCT
fbem-18143	18	3	unlike	unlike	ADP
fbem-18143	18	4	glcs	glcs	NOUN
fbem-18143	18	5	,	,	PUNCT
fbem-18143	18	6	liu	liu	PROPN
fbem-18143	18	7	et	et	PROPN
fbem-18143	18	8	al	al	PROPN
fbem-18143	18	9	.	.	PROPN
fbem-18143	19	1	(	(	PUNCT
fbem-18143	19	2	2013	2013	NUM
fbem-18143	19	3	)	)	PUNCT
fbem-18143	19	4	contend	contend	VERB
fbem-18143	19	5	that	that	SCONJ
fbem-18143	19	6	political	political	ADJ
fbem-18143	19	7	capital	capital	NOUN
fbem-18143	19	8	,	,	PUNCT
fbem-18143	19	9	such	such	ADJ
fbem-18143	19	10	as	as	ADP
fbem-18143	19	11	connections	connection	NOUN
fbem-18143	19	12	of	of	ADP
fbem-18143	19	13	senior	senior	ADJ
fbem-18143	19	14	corporate	corporate	ADJ
fbem-18143	19	15	management	management	NOUN
fbem-18143	19	16	,	,	PUNCT
fbem-18143	19	17	leaves	leave	VERB
fbem-18143	19	18	firms	firm	NOUN
fbem-18143	19	19	’	'	PUNCT
fbem-18143	19	20	initial	initial	ADJ
fbem-18143	19	21	public	public	ADJ
fbem-18143	19	22	offerings	offering	NOUN
fbem-18143	19	23	(	(	PUNCT
fbem-18143	19	24	ipos	ipos	NOUN
fbem-18143	19	25	)	)	PUNCT
fbem-18143	19	26	almost	almost	ADV
fbem-18143	19	27	unobstructed	unobstructed	ADJ
fbem-18143	19	28	,	,	PUNCT
fbem-18143	19	29	which	which	PRON
fbem-18143	19	30	undoubtfully	undoubtfully	ADV
fbem-18143	19	31	fosters	foster	VERB
fbem-18143	19	32	a	a	DET
fbem-18143	19	33	novel	novel	ADJ
fbem-18143	19	34	prospect	prospect	NOUN
fbem-18143	19	35	to	to	PART
fbem-18143	19	36	examine	examine	VERB
fbem-18143	19	37	the	the	DET
fbem-18143	19	38	routine	routine	NOUN
fbem-18143	19	39	that	that	SCONJ
fbem-18143	19	40	how	how	SCONJ
fbem-18143	19	41	state	state	NOUN
fbem-18143	19	42	power	power	NOUN
fbem-18143	19	43	impact	impact	NOUN
fbem-18143	19	44	on	on	ADP
fbem-18143	19	45	the	the	DET
fbem-18143	19	46	development	development	NOUN
fbem-18143	19	47	of	of	ADP
fbem-18143	19	48	firms	firm	NOUN
fbem-18143	19	49	.	.	PUNCT
fbem-18143	20	1	while	while	SCONJ
fbem-18143	20	2	it	it	PRON
fbem-18143	20	3	is	be	AUX
fbem-18143	20	4	irritating	irritate	VERB
fbem-18143	20	5	,	,	PUNCT
fbem-18143	20	6	to	to	ADP
fbem-18143	20	7	a	a	DET
fbem-18143	20	8	certain	certain	ADJ
fbem-18143	20	9	degree	degree	NOUN
fbem-18143	20	10	,	,	PUNCT
fbem-18143	20	11	to	to	PART
fbem-18143	20	12	witness	witness	VERB
fbem-18143	20	13	the	the	DET
fbem-18143	20	14	contradiction	contradiction	NOUN
fbem-18143	20	15	on	on	ADP
fbem-18143	20	16	the	the	DET
fbem-18143	20	17	blurred	blurred	ADJ
fbem-18143	20	18	relationship	relationship	NOUN
fbem-18143	20	19	among	among	ADP
fbem-18143	20	20	scopes	scope	NOUN
fbem-18143	20	21	,	,	PUNCT
fbem-18143	20	22	indicators	indicator	NOUN
fbem-18143	20	23	of	of	ADP
fbem-18143	20	24	corporate	corporate	ADJ
fbem-18143	20	25	performance	performance	NOUN
fbem-18143	20	26	,	,	PUNCT
fbem-18143	20	27	actual	actual	ADJ
fbem-18143	20	28	effects	effect	NOUN
fbem-18143	20	29	,	,	PUNCT
fbem-18143	20	30	and	and	CCONJ
fbem-18143	20	31	other	other	ADJ
fbem-18143	20	32	variables	variable	NOUN
fbem-18143	20	33	,	,	PUNCT
fbem-18143	20	34	nevertheless	nevertheless	ADV
fbem-18143	20	35	,	,	PUNCT
fbem-18143	20	36	to	to	PART
fbem-18143	20	37	probe	probe	VERB
fbem-18143	20	38	into	into	ADP
fbem-18143	20	39	approaches	approach	NOUN
fbem-18143	20	40	,	,	PUNCT
fbem-18143	20	41	contexts	contexts	NOUN
fbem-18143	20	42	,	,	PUNCT
fbem-18143	20	43	specialty	specialty	NOUN
fbem-18143	20	44	,	,	PUNCT
fbem-18143	20	45	and	and	CCONJ
fbem-18143	20	46	applicability	applicability	NOUN
fbem-18143	20	47	of	of	ADP
fbem-18143	20	48	the	the	DET
fbem-18143	20	49	claims	claim	NOUN
fbem-18143	20	50	,	,	PUNCT
fbem-18143	20	51	is	be	AUX
fbem-18143	20	52	to	to	PART
fbem-18143	20	53	anticipate	anticipate	VERB
fbem-18143	20	54	gaining	gain	VERB
fbem-18143	20	55	massive	massive	ADJ
fbem-18143	20	56	insights	insight	NOUN
fbem-18143	20	57	throughout	throughout	ADP
fbem-18143	20	58	the	the	DET
fbem-18143	20	59	discovery	discovery	NOUN
fbem-18143	20	60	.	.	PUNCT
fbem-18143	21	1	it	it	PRON
fbem-18143	21	2	appears	appear	VERB
fbem-18143	21	3	to	to	PART
fbem-18143	21	4	be	be	AUX
fbem-18143	21	5	crucial	crucial	ADJ
fbem-18143	21	6	,	,	PUNCT
fbem-18143	21	7	to	to	PART
fbem-18143	21	8	fully	fully	ADV
fbem-18143	21	9	seize	seize	VERB
fbem-18143	21	10	the	the	DET
fbem-18143	21	11	essence	essence	NOUN
fbem-18143	21	12	of	of	ADP
fbem-18143	21	13	harnessing	harness	VERB
fbem-18143	21	14	state	state	NOUN
fbem-18143	21	15	power	power	NOUN
fbem-18143	21	16	for	for	ADP
fbem-18143	21	17	business	business	NOUN
fbem-18143	21	18	prosperity	prosperity	NOUN
fbem-18143	21	19	.	.	PUNCT
fbem-18143	22	1	previous	previous	ADJ
fbem-18143	22	2	studies	study	NOUN
fbem-18143	22	3	of	of	ADP
fbem-18143	22	4	regulatory	regulatory	ADJ
fbem-18143	22	5	,	,	PUNCT
fbem-18143	22	6	political	political	ADJ
fbem-18143	22	7	capital	capital	NOUN
fbem-18143	22	8	,	,	PUNCT
fbem-18143	22	9	and	and	CCONJ
fbem-18143	22	10	state	state	NOUN
fbem-18143	22	11	-	-	PUNCT
fbem-18143	22	12	associated	associate	VERB
fbem-18143	22	13	managerial	managerial	ADJ
fbem-18143	22	14	leaders	leader	NOUN
fbem-18143	22	15	have	have	AUX
fbem-18143	22	16	not	not	PART
fbem-18143	22	17	dealt	deal	VERB
fbem-18143	22	18	with	with	ADP
fbem-18143	22	19	which	which	DET
fbem-18143	22	20	force	force	NOUN
fbem-18143	22	21	attributes	attribute	VERB
fbem-18143	22	22	to	to	ADP
fbem-18143	22	23	firms	firm	NOUN
fbem-18143	22	24	’	'	PUNCT
fbem-18143	22	25	performance	performance	NOUN
fbem-18143	22	26	the	the	DET
fbem-18143	22	27	most	most	ADJ
fbem-18143	22	28	,	,	PUNCT
fbem-18143	22	29	and	and	CCONJ
fbem-18143	22	30	whether	whether	SCONJ
fbem-18143	22	31	one	one	NOUN
fbem-18143	22	32	outweighs	outweigh	VERB
fbem-18143	22	33	others	other	NOUN
fbem-18143	22	34	.	.	PUNCT
fbem-18143	23	1	additionally	additionally	ADV
fbem-18143	23	2	,	,	PUNCT
fbem-18143	23	3	the	the	DET
fbem-18143	23	4	mechanism	mechanism	NOUN
fbem-18143	23	5	of	of	ADP
fbem-18143	23	6	to	to	ADP
fbem-18143	23	7	what	what	DET
fbem-18143	23	8	extent	extent	NOUN
fbem-18143	23	9	that	that	SCONJ
fbem-18143	23	10	governmental	governmental	ADJ
fbem-18143	23	11	forces	force	NOUN
fbem-18143	23	12	shape	shape	VERB
fbem-18143	23	13	corporate	corporate	ADJ
fbem-18143	23	14	values	value	NOUN
fbem-18143	23	15	,	,	PUNCT
fbem-18143	23	16	innovations	innovation	NOUN
fbem-18143	23	17	,	,	PUNCT
fbem-18143	23	18	and	and	CCONJ
fbem-18143	23	19	decision	decision	NOUN
fbem-18143	23	20	-	-	PUNCT
fbem-18143	23	21	making	making	NOUN
fbem-18143	23	22	,	,	PUNCT
fbem-18143	23	23	is	be	AUX
fbem-18143	23	24	hidden	hide	VERB
fbem-18143	23	25	behind	behind	ADP
fbem-18143	23	26	the	the	DET
fbem-18143	23	27	perplexity	perplexity	NOUN
fbem-18143	23	28	of	of	ADP
fbem-18143	23	29	phenomenal	phenomenal	ADJ
fbem-18143	23	30	information	information	NOUN
fbem-18143	23	31	,	,	PUNCT
fbem-18143	23	32	data	datum	NOUN
fbem-18143	23	33	,	,	PUNCT
fbem-18143	23	34	and	and	CCONJ
fbem-18143	23	35	the	the	DET
fbem-18143	23	36	whole	whole	ADJ
fbem-18143	23	37	business	business	NOUN
fbem-18143	23	38	world	world	NOUN
fbem-18143	23	39	.	.	PUNCT
fbem-18143	24	1	consequently	consequently	ADV
fbem-18143	24	2	,	,	PUNCT
fbem-18143	24	3	to	to	PART
fbem-18143	24	4	enrich	enrich	VERB
fbem-18143	24	5	the	the	DET
fbem-18143	24	6	knowledge	knowledge	NOUN
fbem-18143	24	7	of	of	ADP
fbem-18143	24	8	how	how	SCONJ
fbem-18143	24	9	state	state	NOUN
fbem-18143	24	10	power	power	NOUN
fbem-18143	24	11	strengthens	strengthen	VERB
fbem-18143	24	12	corporate	corporate	ADJ
fbem-18143	24	13	practices	practice	NOUN
fbem-18143	24	14	,	,	PUNCT
fbem-18143	24	15	and	and	CCONJ
fbem-18143	24	16	to	to	PART
fbem-18143	24	17	reveal	reveal	VERB
fbem-18143	24	18	the	the	DET
fbem-18143	24	19	mystery	mystery	NOUN
fbem-18143	24	20	of	of	ADP
fbem-18143	24	21	whether	whether	SCONJ
fbem-18143	24	22	an	an	DET
fbem-18143	24	23	optimal	optimal	ADJ
fbem-18143	24	24	resolution	resolution	NOUN
fbem-18143	24	25	for	for	ADP
fbem-18143	24	26	perpetual	perpetual	ADJ
fbem-18143	24	27	growth	growth	NOUN
fbem-18143	24	28	exists	exist	VERB
fbem-18143	24	29	,	,	PUNCT
fbem-18143	24	30	this	this	DET
fbem-18143	24	31	investigation	investigation	NOUN
fbem-18143	24	32	starts	start	VERB
fbem-18143	24	33	with	with	ADP
fbem-18143	24	34	critically	critically	ADV
fbem-18143	24	35	discussing	discuss	VERB
fbem-18143	24	36	extensive	extensive	ADJ
fbem-18143	24	37	principal	principal	ADJ
fbem-18143	24	38	findings	finding	NOUN
fbem-18143	24	39	in	in	ADP
fbem-18143	24	40	the	the	DET
fbem-18143	24	41	succeeding	succeed	VERB
fbem-18143	24	42	chapters	chapter	NOUN
fbem-18143	24	43	.	.	PUNCT
fbem-18143	25	1	2	2	X
fbem-18143	25	2	.	.	X
fbem-18143	25	3	a	a	DET
fbem-18143	25	4	discussion	discussion	NOUN
fbem-18143	25	5	on	on	ADP
fbem-18143	25	6	government	government	NOUN
fbem-18143	25	7	-	-	PUNCT
fbem-18143	25	8	linked	link	VERB
fbem-18143	25	9	companies	company	NOUN
fbem-18143	25	10	in	in	ADP
fbem-18143	25	11	malaysia	malaysia	PROPN
fbem-18143	25	12	2.1	2.1	NUM
fbem-18143	25	13	.	.	PUNCT
fbem-18143	26	1	definition	definition	NOUN
fbem-18143	26	2	the	the	DET
fbem-18143	26	3	definition	definition	NOUN
fbem-18143	26	4	of	of	ADP
fbem-18143	26	5	government	government	NOUN
fbem-18143	26	6	-	-	PUNCT
fbem-18143	26	7	linked	link	VERB
fbem-18143	26	8	companies	company	NOUN
fbem-18143	26	9	is	be	AUX
fbem-18143	26	10	frequently	frequently	ADV
fbem-18143	26	11	argued	argue	VERB
fbem-18143	26	12	as	as	ADP
fbem-18143	26	13	firms	firm	NOUN
fbem-18143	26	14	’	'	PUNCT
fbem-18143	26	15	shares	share	NOUN
fbem-18143	26	16	held	hold	VERB
fbem-18143	26	17	by	by	ADP
fbem-18143	26	18	government	government	NOUN
fbem-18143	26	19	,	,	PUNCT
fbem-18143	26	20	especially	especially	ADV
fbem-18143	26	21	under	under	ADP
fbem-18143	26	22	asian	asian	ADJ
fbem-18143	26	23	contexts	contexts	NOUN
fbem-18143	26	24	.	.	PUNCT
fbem-18143	27	1	one	one	NUM
fbem-18143	27	2	insightful	insightful	ADJ
fbem-18143	27	3	academic	academic	ADJ
fbem-18143	27	4	work	work	NOUN
fbem-18143	27	5	defines	define	VERB
fbem-18143	27	6	malaysian	malaysian	ADJ
fbem-18143	27	7	glc	glc	PROPN
fbem-18143	27	8	as	as	ADP
fbem-18143	27	9	a	a	DET
fbem-18143	27	10	corporation	corporation	NOUN
fbem-18143	27	11	’s	’s	PART
fbem-18143	27	12	equities	equity	NOUN
fbem-18143	27	13	controlled	control	VERB
fbem-18143	27	14	by	by	ADP
fbem-18143	27	15	equal	equal	ADJ
fbem-18143	27	16	-	-	PUNCT
fbem-18143	27	17	or	or	CCONJ
fbem-18143	27	18	-	-	PUNCT
fbem-18143	27	19	greater	great	ADJ
fbem-18143	27	20	than	than	ADP
fbem-18143	27	21	one	one	NUM
fbem-18143	27	22	fifth	fifth	ADJ
fbem-18143	27	23	in	in	ADP
fbem-18143	27	24	authorities	authority	NOUN
fbem-18143	27	25	’	'	PUNCT
fbem-18143	27	26	hand	hand	NOUN
fbem-18143	27	27	,	,	PUNCT
fbem-18143	27	28	with	with	ADP
fbem-18143	27	29	governmental	governmental	ADJ
fbem-18143	27	30	involvements	involvement	NOUN
fbem-18143	27	31	in	in	ADP
fbem-18143	27	32	appointing	appoint	VERB
fbem-18143	27	33	managerial	managerial	ADJ
fbem-18143	27	34	members	member	NOUN
fbem-18143	27	35	and	and	CCONJ
fbem-18143	27	36	enactment	enactment	NOUN
fbem-18143	27	37	of	of	ADP
fbem-18143	27	38	strategic	strategic	ADJ
fbem-18143	27	39	plans	plan	NOUN
fbem-18143	27	40	(	(	PUNCT
fbem-18143	27	41	khoo	khoo	PROPN
fbem-18143	27	42	,	,	PUNCT
fbem-18143	27	43	2018	2018	NUM
fbem-18143	27	44	)	)	PUNCT
fbem-18143	27	45	.	.	PUNCT
fbem-18143	28	1	2.2	2.2	NUM
fbem-18143	28	2	.	.	PUNCT
fbem-18143	28	3	valuation	valuation	NOUN
fbem-18143	28	4	,	,	PUNCT
fbem-18143	28	5	goals	goal	NOUN
fbem-18143	28	6	,	,	PUNCT
fbem-18143	28	7	and	and	CCONJ
fbem-18143	28	8	the	the	DET
fbem-18143	28	9	crowding	crowd	VERB
fbem-18143	28	10	-	-	PUNCT
fbem-18143	28	11	out	out	ADP
fbem-18143	28	12	effect	effect	NOUN
fbem-18143	28	13	(	(	PUNCT
fbem-18143	28	14	1	1	X
fbem-18143	28	15	)	)	PUNCT
fbem-18143	28	16	value	value	NOUN
fbem-18143	28	17	creation	creation	NOUN
fbem-18143	28	18	:	:	PUNCT
fbem-18143	28	19	inconsistency	inconsistency	NOUN
fbem-18143	28	20	occurred	occur	VERB
fbem-18143	28	21	government	government	NOUN
fbem-18143	28	22	-	-	PUNCT
fbem-18143	28	23	linked	link	VERB
fbem-18143	28	24	companies	company	NOUN
fbem-18143	28	25	react	react	VERB
fbem-18143	28	26	critically	critically	ADV
fbem-18143	28	27	in	in	ADP
fbem-18143	28	28	the	the	DET
fbem-18143	28	29	maintenance	maintenance	NOUN
fbem-18143	28	30	of	of	ADP
fbem-18143	28	31	developing	develop	VERB
fbem-18143	28	32	economies	economy	NOUN
fbem-18143	28	33	.	.	PUNCT
fbem-18143	29	1	in	in	ADP
fbem-18143	29	2	the	the	DET
fbem-18143	29	3	case	case	NOUN
fbem-18143	29	4	of	of	ADP
fbem-18143	29	5	malaysian	malaysian	PROPN
fbem-18143	29	6	glcs	glcs	NOUN
fbem-18143	29	7	,	,	PUNCT
fbem-18143	29	8	numerous	numerous	ADJ
fbem-18143	29	9	studies	study	NOUN
fbem-18143	29	10	justify	justify	VERB
fbem-18143	29	11	the	the	DET
fbem-18143	29	12	necessity	necessity	NOUN
fbem-18143	29	13	of	of	ADP
fbem-18143	29	14	industrialization	industrialization	NOUN
fbem-18143	29	15	utilizing	utilize	VERB
fbem-18143	29	16	glcs	glcs	NOUN
fbem-18143	29	17	(	(	PUNCT
fbem-18143	29	18	khoo	khoo	PROPN
fbem-18143	29	19	,	,	PUNCT
fbem-18143	29	20	2018	2018	NUM
fbem-18143	29	21	)	)	PUNCT
fbem-18143	29	22	.	.	PUNCT
fbem-18143	30	1	researchers	researcher	NOUN
fbem-18143	30	2	illuminating	illuminate	VERB
fbem-18143	30	3	enterprises	enterprise	NOUN
fbem-18143	30	4	’	'	PUNCT
fbem-18143	30	5	value	value	NOUN
fbem-18143	30	6	(	(	PUNCT
fbem-18143	30	7	tobin	tobin	PROPN
fbem-18143	30	8	’s	’s	PART
fbem-18143	30	9	q	q	X
fbem-18143	30	10	)	)	PUNCT
fbem-18143	30	11	and	and	CCONJ
fbem-18143	30	12	governmental	governmental	ADJ
fbem-18143	30	13	11	11	NUM
fbem-18143	30	14	owing	owe	VERB
fbem-18143	30	15	are	be	AUX
fbem-18143	30	16	positively	positively	ADV
fbem-18143	30	17	correlated	correlate	VERB
fbem-18143	30	18	(	(	PUNCT
fbem-18143	30	19	lau	lau	PROPN
fbem-18143	30	20	&	&	CCONJ
fbem-18143	30	21	tong	tong	PROPN
fbem-18143	30	22	,	,	PUNCT
fbem-18143	30	23	2008	2008	NUM
fbem-18143	30	24	)	)	PUNCT
fbem-18143	30	25	.	.	PUNCT
fbem-18143	31	1	prior	prior	ADV
fbem-18143	31	2	to	to	ADP
fbem-18143	31	3	this	this	DET
fbem-18143	31	4	legible	legible	ADJ
fbem-18143	31	5	illustration	illustration	NOUN
fbem-18143	31	6	,	,	PUNCT
fbem-18143	31	7	the	the	DET
fbem-18143	31	8	results	result	NOUN
fbem-18143	31	9	remain	remain	VERB
fbem-18143	31	10	consistency	consistency	NOUN
fbem-18143	31	11	with	with	ADP
fbem-18143	31	12	the	the	DET
fbem-18143	31	13	singaporean	singaporean	ADJ
fbem-18143	31	14	case	case	NOUN
fbem-18143	31	15	(	(	PUNCT
fbem-18143	31	16	ramı́rez	ramı́rez	PROPN
fbem-18143	31	17	&	&	CCONJ
fbem-18143	31	18	tan	tan	PROPN
fbem-18143	31	19	,	,	PUNCT
fbem-18143	31	20	2004	2004	NUM
fbem-18143	31	21	;	;	PUNCT
fbem-18143	31	22	ang	ang	PROPN
fbem-18143	31	23	&	&	CCONJ
fbem-18143	31	24	ding	ding	PROPN
fbem-18143	31	25	,	,	PUNCT
fbem-18143	31	26	2006	2006	NUM
fbem-18143	31	27	)	)	PUNCT
fbem-18143	31	28	,	,	PUNCT
fbem-18143	31	29	substantiating	substantiate	VERB
fbem-18143	31	30	that	that	SCONJ
fbem-18143	31	31	governed	govern	VERB
fbem-18143	31	32	ownership	ownership	NOUN
fbem-18143	31	33	conveys	convey	VERB
fbem-18143	31	34	the	the	DET
fbem-18143	31	35	superiority	superiority	NOUN
fbem-18143	31	36	in	in	ADP
fbem-18143	31	37	raising	raise	VERB
fbem-18143	31	38	firms	firm	NOUN
fbem-18143	31	39	’	'	PUNCT
fbem-18143	31	40	valuation	valuation	NOUN
fbem-18143	31	41	.	.	PUNCT
fbem-18143	32	1	however	however	ADV
fbem-18143	32	2	,	,	PUNCT
fbem-18143	32	3	identically	identically	ADV
fbem-18143	32	4	,	,	PUNCT
fbem-18143	32	5	utilizing	utilize	VERB
fbem-18143	32	6	tobin	tobin	NOUN
fbem-18143	32	7	’s	’s	PART
fbem-18143	32	8	q	q	NOUN
fbem-18143	32	9	as	as	ADP
fbem-18143	32	10	the	the	DET
fbem-18143	32	11	indicator	indicator	NOUN
fbem-18143	32	12	representing	represent	VERB
fbem-18143	32	13	market	market	NOUN
fbem-18143	32	14	performance	performance	NOUN
fbem-18143	32	15	or	or	CCONJ
fbem-18143	32	16	corporate	corporate	ADJ
fbem-18143	32	17	performance	performance	NOUN
fbem-18143	32	18	,	,	PUNCT
fbem-18143	32	19	objections	objection	NOUN
fbem-18143	32	20	suggest	suggest	VERB
fbem-18143	32	21	that	that	SCONJ
fbem-18143	32	22	results	result	NOUN
fbem-18143	32	23	might	might	AUX
fbem-18143	32	24	be	be	AUX
fbem-18143	32	25	diametrically	diametrically	ADV
fbem-18143	32	26	opposed	oppose	VERB
fbem-18143	32	27	(	(	PUNCT
fbem-18143	32	28	hisyam	hisyam	PROPN
fbem-18143	32	29	et	et	PROPN
fbem-18143	32	30	al	al	PROPN
fbem-18143	32	31	.	.	PROPN
fbem-18143	32	32	,	,	PUNCT
fbem-18143	32	33	2011	2011	NUM
fbem-18143	32	34	)	)	PUNCT
fbem-18143	32	35	.	.	PUNCT
fbem-18143	33	1	the	the	DET
fbem-18143	33	2	conclusion	conclusion	NOUN
fbem-18143	33	3	of	of	ADP
fbem-18143	33	4	alleviating	alleviate	VERB
fbem-18143	33	5	value	value	NOUN
fbem-18143	33	6	creation	creation	NOUN
fbem-18143	33	7	and	and	CCONJ
fbem-18143	33	8	potential	potential	ADJ
fbem-18143	33	9	failures	failure	NOUN
fbem-18143	33	10	in	in	ADP
fbem-18143	33	11	other	other	ADJ
fbem-18143	33	12	features	feature	NOUN
fbem-18143	33	13	such	such	ADJ
fbem-18143	33	14	as	as	ADP
fbem-18143	33	15	risk	risk	NOUN
fbem-18143	33	16	and	and	CCONJ
fbem-18143	33	17	profitability	profitability	NOUN
fbem-18143	33	18	,	,	PUNCT
fbem-18143	33	19	makes	make	VERB
fbem-18143	33	20	this	this	DET
fbem-18143	33	21	modelling	modelling	NOUN
fbem-18143	33	22	using	use	VERB
fbem-18143	33	23	a	a	DET
fbem-18143	33	24	sample	sample	NOUN
fbem-18143	33	25	of	of	ADP
fbem-18143	33	26	210	210	NUM
fbem-18143	33	27	listed	list	VERB
fbem-18143	33	28	malaysian	malaysian	ADJ
fbem-18143	33	29	corporations	corporation	NOUN
fbem-18143	33	30	seems	seem	VERB
fbem-18143	33	31	to	to	PART
fbem-18143	33	32	be	be	AUX
fbem-18143	33	33	plausible	plausible	ADJ
fbem-18143	33	34	.	.	PUNCT
fbem-18143	34	1	(	(	PUNCT
fbem-18143	34	2	2	2	X
fbem-18143	34	3	)	)	PUNCT
fbem-18143	34	4	the	the	DET
fbem-18143	34	5	priorities	priority	NOUN
fbem-18143	34	6	of	of	ADP
fbem-18143	34	7	goals	goal	NOUN
fbem-18143	34	8	furthermore	furthermore	ADV
fbem-18143	34	9	,	,	PUNCT
fbem-18143	34	10	originally	originally	ADV
fbem-18143	34	11	inspired	inspire	VERB
fbem-18143	34	12	by	by	ADP
fbem-18143	34	13	the	the	DET
fbem-18143	34	14	principal	principal	ADJ
fbem-18143	34	15	-	-	PUNCT
fbem-18143	34	16	agent	agent	NOUN
fbem-18143	34	17	theories	theory	NOUN
fbem-18143	34	18	,	,	PUNCT
fbem-18143	34	19	concerns	concern	NOUN
fbem-18143	34	20	brought	bring	VERB
fbem-18143	34	21	by	by	ADP
fbem-18143	34	22	lau	lau	PROPN
fbem-18143	34	23	&	&	CCONJ
fbem-18143	34	24	tong	tong	PROPN
fbem-18143	34	25	(	(	PUNCT
fbem-18143	34	26	2008	2008	NUM
fbem-18143	34	27	)	)	PUNCT
fbem-18143	34	28	have	have	AUX
fbem-18143	34	29	led	lead	VERB
fbem-18143	34	30	to	to	ADP
fbem-18143	34	31	a	a	DET
fbem-18143	34	32	proliferation	proliferation	NOUN
fbem-18143	34	33	of	of	ADP
fbem-18143	34	34	studies	study	NOUN
fbem-18143	34	35	that	that	SCONJ
fbem-18143	34	36	governmental	governmental	ADJ
fbem-18143	34	37	control	control	NOUN
fbem-18143	34	38	divides	divide	VERB
fbem-18143	34	39	,	,	PUNCT
fbem-18143	34	40	such	such	ADJ
fbem-18143	34	41	as	as	ADP
fbem-18143	34	42	contributing	contribute	VERB
fbem-18143	34	43	to	to	ADP
fbem-18143	34	44	collectivism	collectivism	NOUN
fbem-18143	34	45	and	and	CCONJ
fbem-18143	34	46	reorder	reorder	NOUN
fbem-18143	34	47	priorities	priority	NOUN
fbem-18143	34	48	.	.	PUNCT
fbem-18143	35	1	although	although	SCONJ
fbem-18143	35	2	it	it	PRON
fbem-18143	35	3	is	be	AUX
fbem-18143	35	4	perfectly	perfectly	ADV
fbem-18143	35	5	understandable	understandable	ADJ
fbem-18143	35	6	and	and	CCONJ
fbem-18143	35	7	feasible	feasible	ADJ
fbem-18143	35	8	,	,	PUNCT
fbem-18143	35	9	for	for	SCONJ
fbem-18143	35	10	decision	decision	NOUN
fbem-18143	35	11	-	-	PUNCT
fbem-18143	35	12	makers	maker	NOUN
fbem-18143	35	13	to	to	PART
fbem-18143	35	14	prioritize	prioritize	VERB
fbem-18143	35	15	goals	goal	NOUN
fbem-18143	35	16	in	in	ADP
fbem-18143	35	17	addition	addition	NOUN
fbem-18143	35	18	to	to	ADP
fbem-18143	35	19	wealth	wealth	NOUN
fbem-18143	35	20	maximization	maximization	NOUN
fbem-18143	35	21	for	for	ADP
fbem-18143	35	22	stakeholders	stakeholder	NOUN
fbem-18143	35	23	,	,	PUNCT
fbem-18143	35	24	there	there	PRON
fbem-18143	35	25	are	be	VERB
fbem-18143	35	26	possibilities	possibility	NOUN
fbem-18143	35	27	that	that	SCONJ
fbem-18143	35	28	such	such	ADJ
fbem-18143	35	29	behaviors	behavior	NOUN
fbem-18143	35	30	might	might	AUX
fbem-18143	35	31	be	be	AUX
fbem-18143	35	32	detrimental	detrimental	ADJ
fbem-18143	35	33	to	to	ADP
fbem-18143	35	34	the	the	DET
fbem-18143	35	35	enterprise	enterprise	NOUN
fbem-18143	35	36	.	.	PUNCT
fbem-18143	36	1	previous	previous	ADJ
fbem-18143	36	2	studies	study	NOUN
fbem-18143	36	3	confirm	confirm	VERB
fbem-18143	36	4	given	give	VERB
fbem-18143	36	5	incentives	incentive	NOUN
fbem-18143	36	6	motivate	motivate	VERB
fbem-18143	36	7	privateowned	privateowned	ADJ
fbem-18143	36	8	firms	firm	NOUN
fbem-18143	36	9	to	to	PART
fbem-18143	36	10	foster	foster	VERB
fbem-18143	36	11	innovation	innovation	NOUN
fbem-18143	36	12	and	and	CCONJ
fbem-18143	36	13	cost	cost	NOUN
fbem-18143	36	14	economization	economization	NOUN
fbem-18143	36	15	(	(	PUNCT
fbem-18143	36	16	sun	sun	PROPN
fbem-18143	36	17	&	&	CCONJ
fbem-18143	36	18	tong	tong	PROPN
fbem-18143	36	19	,	,	PUNCT
fbem-18143	36	20	2002	2002	NUM
fbem-18143	36	21	)	)	PUNCT
fbem-18143	36	22	.	.	PUNCT
fbem-18143	37	1	with	with	ADP
fbem-18143	37	2	concentrations	concentration	NOUN
fbem-18143	37	3	and	and	CCONJ
fbem-18143	37	4	competitiveness	competitiveness	NOUN
fbem-18143	37	5	,	,	PUNCT
fbem-18143	37	6	maximization	maximization	NOUN
fbem-18143	37	7	of	of	ADP
fbem-18143	37	8	non	non	ADJ
fbem-18143	37	9	-	-	ADJ
fbem-18143	37	10	state	state	ADJ
fbem-18143	37	11	shareholders	shareholder	NOUN
fbem-18143	37	12	’	'	PUNCT
fbem-18143	37	13	value	value	NOUN
fbem-18143	37	14	has	have	AUX
fbem-18143	37	15	become	become	VERB
fbem-18143	37	16	achievable	achievable	ADJ
fbem-18143	37	17	onefold	onefold	ADJ
fbem-18143	37	18	.	.	PUNCT
fbem-18143	38	1	(	(	PUNCT
fbem-18143	38	2	3	3	X
fbem-18143	38	3	)	)	PUNCT
fbem-18143	38	4	the	the	DET
fbem-18143	38	5	crowding	crowd	VERB
fbem-18143	38	6	-	-	PUNCT
fbem-18143	38	7	out	out	ADP
fbem-18143	38	8	effect	effect	NOUN
fbem-18143	38	9	moreover	moreover	ADV
fbem-18143	38	10	,	,	PUNCT
fbem-18143	38	11	menon	menon	PROPN
fbem-18143	38	12	(	(	PUNCT
fbem-18143	38	13	2017	2017	NUM
fbem-18143	38	14	)	)	PUNCT
fbem-18143	38	15	argues	argue	VERB
fbem-18143	38	16	that	that	SCONJ
fbem-18143	38	17	negativity	negativity	NOUN
fbem-18143	38	18	exists	exist	VERB
fbem-18143	38	19	in	in	ADP
fbem-18143	38	20	private	private	ADJ
fbem-18143	38	21	investment	investment	NOUN
fbem-18143	38	22	where	where	SCONJ
fbem-18143	38	23	glcs	glcs	NOUN
fbem-18143	38	24	expand	expand	VERB
fbem-18143	38	25	significantly	significantly	ADV
fbem-18143	38	26	(	(	PUNCT
fbem-18143	38	27	three	three	NUM
fbem-18143	38	28	fifth	fifth	ADJ
fbem-18143	38	29	or	or	CCONJ
fbem-18143	38	30	over	over	ADP
fbem-18143	38	31	)	)	PUNCT
fbem-18143	38	32	,	,	PUNCT
fbem-18143	38	33	suggesting	suggest	VERB
fbem-18143	38	34	that	that	SCONJ
fbem-18143	38	35	the	the	DET
fbem-18143	38	36	‘	'	PUNCT
fbem-18143	38	37	crowding	crowd	VERB
fbem-18143	38	38	-	-	PUNCT
fbem-18143	38	39	out	out	ADP
fbem-18143	38	40	effect	effect	NOUN
fbem-18143	38	41	’	'	PUNCT
fbem-18143	38	42	has	have	AUX
fbem-18143	38	43	been	be	AUX
fbem-18143	38	44	excluded	exclude	VERB
fbem-18143	38	45	investment	investment	NOUN
fbem-18143	38	46	from	from	ADP
fbem-18143	38	47	private	private	ADJ
fbem-18143	38	48	sectors	sector	NOUN
fbem-18143	38	49	.	.	PUNCT
fbem-18143	39	1	in	in	ADP
fbem-18143	39	2	other	other	ADJ
fbem-18143	39	3	words	word	NOUN
fbem-18143	39	4	,	,	PUNCT
fbem-18143	39	5	when	when	SCONJ
fbem-18143	39	6	investment	investment	NOUN
fbem-18143	39	7	owned	own	VERB
fbem-18143	39	8	by	by	ADP
fbem-18143	39	9	the	the	DET
fbem-18143	39	10	state	state	NOUN
fbem-18143	39	11	surpasses	surpasse	NOUN
fbem-18143	39	12	,	,	PUNCT
fbem-18143	39	13	the	the	DET
fbem-18143	39	14	deterrence	deterrence	NOUN
fbem-18143	39	15	on	on	ADP
fbem-18143	39	16	private	private	ADJ
fbem-18143	39	17	sectors	sector	NOUN
fbem-18143	39	18	overwhelmingly	overwhelmingly	ADV
fbem-18143	39	19	expands	expand	VERB
fbem-18143	39	20	,	,	PUNCT
fbem-18143	39	21	causing	cause	VERB
fbem-18143	39	22	suppression	suppression	NOUN
fbem-18143	39	23	of	of	ADP
fbem-18143	39	24	invested	invest	VERB
fbem-18143	39	25	initiatives	initiative	NOUN
fbem-18143	39	26	,	,	PUNCT
fbem-18143	39	27	and	and	CCONJ
fbem-18143	39	28	even	even	ADV
fbem-18143	39	29	panic	panic	NOUN
fbem-18143	39	30	for	for	ADP
fbem-18143	39	31	divestment	divestment	NOUN
fbem-18143	39	32	.	.	PUNCT
fbem-18143	40	1	in	in	ADP
fbem-18143	40	2	addition	addition	NOUN
fbem-18143	40	3	,	,	PUNCT
fbem-18143	40	4	further	further	ADJ
fbem-18143	40	5	descriptions	description	NOUN
fbem-18143	40	6	written	write	VERB
fbem-18143	40	7	by	by	ADP
fbem-18143	40	8	this	this	DET
fbem-18143	40	9	scholar	scholar	NOUN
fbem-18143	40	10	suggests	suggest	VERB
fbem-18143	40	11	that	that	SCONJ
fbem-18143	40	12	government	government	NOUN
fbem-18143	40	13	-	-	PUNCT
fbem-18143	40	14	linked	link	VERB
fbem-18143	40	15	companies	company	NOUN
fbem-18143	40	16	transformation	transformation	NOUN
fbem-18143	40	17	program	program	NOUN
fbem-18143	40	18	(	(	PUNCT
fbem-18143	40	19	glctp	glctp	NOUN
fbem-18143	40	20	)	)	PUNCT
fbem-18143	40	21	imposes	impose	VERB
fbem-18143	40	22	severe	severe	ADJ
fbem-18143	40	23	threats	threat	NOUN
fbem-18143	40	24	upon	upon	SCONJ
fbem-18143	40	25	governmental	governmental	ADJ
fbem-18143	40	26	divestment	divestment	NOUN
fbem-18143	40	27	,	,	PUNCT
fbem-18143	40	28	which	which	PRON
fbem-18143	40	29	contradicts	contradict	VERB
fbem-18143	40	30	the	the	DET
fbem-18143	40	31	purpose	purpose	NOUN
fbem-18143	40	32	of	of	ADP
fbem-18143	40	33	the	the	DET
fbem-18143	40	34	program	program	NOUN
fbem-18143	40	35	,	,	PUNCT
fbem-18143	40	36	even	even	ADV
fbem-18143	40	37	with	with	ADP
fbem-18143	40	38	the	the	DET
fbem-18143	40	39	declaration	declaration	NOUN
fbem-18143	40	40	of	of	ADP
fbem-18143	40	41	success	success	NOUN
fbem-18143	40	42	in	in	ADP
fbem-18143	40	43	2015	2015	NUM
fbem-18143	40	44	.	.	PUNCT
fbem-18143	41	1	(	(	PUNCT
fbem-18143	41	2	4	4	X
fbem-18143	41	3	)	)	PUNCT
fbem-18143	41	4	value	value	NOUN
fbem-18143	41	5	creation	creation	NOUN
fbem-18143	41	6	:	:	PUNCT
fbem-18143	41	7	resolving	resolve	VERB
fbem-18143	41	8	the	the	DET
fbem-18143	41	9	crowding	crowd	VERB
fbem-18143	41	10	-	-	PUNCT
fbem-18143	41	11	out	out	ADP
fbem-18143	41	12	nevertheless	nevertheless	ADV
fbem-18143	41	13	,	,	PUNCT
fbem-18143	41	14	while	while	SCONJ
fbem-18143	41	15	menon	menon	X
fbem-18143	41	16	(	(	PUNCT
fbem-18143	41	17	2017	2017	NUM
fbem-18143	41	18	)	)	PUNCT
fbem-18143	41	19	agrees	agree	VERB
fbem-18143	41	20	with	with	ADP
fbem-18143	41	21	the	the	DET
fbem-18143	41	22	inefficiency	inefficiency	NOUN
fbem-18143	41	23	of	of	ADP
fbem-18143	41	24	glcs	glcs	NOUN
fbem-18143	41	25	,	,	PUNCT
fbem-18143	41	26	the	the	DET
fbem-18143	41	27	author	author	NOUN
fbem-18143	41	28	disputes	dispute	VERB
fbem-18143	41	29	with	with	ADP
fbem-18143	41	30	the	the	DET
fbem-18143	41	31	limited	limited	ADJ
fbem-18143	41	32	experimental	experimental	ADJ
fbem-18143	41	33	sample	sample	NOUN
fbem-18143	41	34	of	of	ADP
fbem-18143	41	35	hisyam	hisyam	PROPN
fbem-18143	41	36	et	et	PROPN
fbem-18143	41	37	al	al	PROPN
fbem-18143	41	38	.	.	PUNCT
fbem-18143	42	1	(	(	PUNCT
fbem-18143	42	2	2011	2011	NUM
fbem-18143	42	3	)	)	PUNCT
fbem-18143	42	4	,	,	PUNCT
fbem-18143	42	5	candidly	candidly	ADV
fbem-18143	42	6	pointing	point	VERB
fbem-18143	42	7	out	out	ADP
fbem-18143	42	8	decisive	decisive	ADJ
fbem-18143	42	9	findings	finding	NOUN
fbem-18143	42	10	are	be	AUX
fbem-18143	42	11	mixed	mixed	ADJ
fbem-18143	42	12	,	,	PUNCT
fbem-18143	42	13	and	and	CCONJ
fbem-18143	42	14	therefore	therefore	ADV
fbem-18143	42	15	no	no	DET
fbem-18143	42	16	relationship	relationship	NOUN
fbem-18143	42	17	between	between	ADP
fbem-18143	42	18	government	government	NOUN
fbem-18143	42	19	ownership	ownership	NOUN
fbem-18143	42	20	and	and	CCONJ
fbem-18143	42	21	valuation	valuation	NOUN
fbem-18143	42	22	should	should	AUX
fbem-18143	42	23	be	be	AUX
fbem-18143	42	24	definitively	definitively	ADV
fbem-18143	42	25	concluded	conclude	VERB
fbem-18143	42	26	;	;	PUNCT
fbem-18143	42	27	listing	list	VERB
fbem-18143	42	28	regulated	regulated	ADJ
fbem-18143	42	29	benefits	benefit	NOUN
fbem-18143	42	30	,	,	PUNCT
fbem-18143	42	31	subsidies	subsidy	NOUN
fbem-18143	42	32	,	,	PUNCT
fbem-18143	42	33	and	and	CCONJ
fbem-18143	42	34	exemptions	exemption	NOUN
fbem-18143	42	35	that	that	PRON
fbem-18143	42	36	glcs	glcs	NOUN
fbem-18143	42	37	obtained	obtain	VERB
fbem-18143	42	38	;	;	PUNCT
fbem-18143	42	39	describing	describe	VERB
fbem-18143	42	40	that	that	SCONJ
fbem-18143	42	41	an	an	DET
fbem-18143	42	42	increase	increase	NOUN
fbem-18143	42	43	in	in	ADP
fbem-18143	42	44	private	private	ADJ
fbem-18143	42	45	investment	investment	NOUN
fbem-18143	42	46	can	can	AUX
fbem-18143	42	47	be	be	AUX
fbem-18143	42	48	found	find	VERB
fbem-18143	42	49	by	by	ADP
fbem-18143	42	50	adopting	adopt	VERB
fbem-18143	42	51	other	other	ADJ
fbem-18143	42	52	strategies	strategy	NOUN
fbem-18143	42	53	,	,	PUNCT
fbem-18143	42	54	such	such	ADJ
fbem-18143	42	55	as	as	ADP
fbem-18143	42	56	enlarge	enlarge	VERB
fbem-18143	42	57	the	the	DET
fbem-18143	42	58	effectiveness	effectiveness	NOUN
fbem-18143	42	59	of	of	ADP
fbem-18143	42	60	demands	demand	NOUN
fbem-18143	42	61	,	,	PUNCT
fbem-18143	42	62	domestically	domestically	ADV
fbem-18143	42	63	and	and	CCONJ
fbem-18143	42	64	externally	externally	ADV
fbem-18143	42	65	.	.	PUNCT
fbem-18143	43	1	regarding	regard	VERB
fbem-18143	43	2	glctp	glctp	NOUN
fbem-18143	43	3	,	,	PUNCT
fbem-18143	43	4	latest	late	ADJ
fbem-18143	43	5	evidence	evidence	NOUN
fbem-18143	43	6	persuasively	persuasively	ADV
fbem-18143	43	7	proves	prove	VERB
fbem-18143	43	8	that	that	SCONJ
fbem-18143	43	9	the	the	DET
fbem-18143	43	10	program	program	NOUN
fbem-18143	43	11	negatively	negatively	ADV
fbem-18143	43	12	impacted	impact	VERB
fbem-18143	43	13	glcs	glcs	NOUN
fbem-18143	43	14	,	,	PUNCT
fbem-18143	43	15	of	of	ADP
fbem-18143	43	16	market	market	NOUN
fbem-18143	43	17	value	value	NOUN
fbem-18143	43	18	and	and	CCONJ
fbem-18143	43	19	financial	financial	ADJ
fbem-18143	43	20	aspects	aspect	NOUN
fbem-18143	43	21	,	,	PUNCT
fbem-18143	43	22	using	use	VERB
fbem-18143	43	23	tobin	tobin	PROPN
fbem-18143	43	24	’s	’s	PART
fbem-18143	43	25	q	q	NOUN
fbem-18143	43	26	,	,	PUNCT
fbem-18143	43	27	return	return	VERB
fbem-18143	43	28	on	on	ADP
fbem-18143	43	29	asset	asset	NOUN
fbem-18143	43	30	(	(	PUNCT
fbem-18143	43	31	roa	roa	PROPN
fbem-18143	43	32	)	)	PUNCT
fbem-18143	43	33	,	,	PUNCT
fbem-18143	43	34	and	and	CCONJ
fbem-18143	43	35	return	return	VERB
fbem-18143	43	36	on	on	ADP
fbem-18143	43	37	equity	equity	NOUN
fbem-18143	43	38	(	(	PUNCT
fbem-18143	43	39	roe	roe	PROPN
fbem-18143	43	40	)	)	PUNCT
fbem-18143	43	41	as	as	ADP
fbem-18143	43	42	indicators	indicator	NOUN
fbem-18143	43	43	respectively	respectively	ADV
fbem-18143	43	44	(	(	PUNCT
fbem-18143	43	45	khoo	khoo	PROPN
fbem-18143	43	46	,	,	PUNCT
fbem-18143	43	47	2018	2018	NUM
fbem-18143	43	48	)	)	PUNCT
fbem-18143	43	49	,	,	PUNCT
fbem-18143	43	50	meaning	mean	VERB
fbem-18143	43	51	glcs	glcs	NOUN
fbem-18143	43	52	’	'	PUNCT
fbem-18143	43	53	expansion	expansion	NOUN
fbem-18143	43	54	curbed	curb	VERB
fbem-18143	43	55	.	.	PUNCT
fbem-18143	44	1	to	to	PART
fbem-18143	44	2	sum	sum	VERB
fbem-18143	44	3	up	up	ADP
fbem-18143	44	4	,	,	PUNCT
fbem-18143	44	5	even	even	ADV
fbem-18143	44	6	with	with	ADP
fbem-18143	44	7	worries	worry	NOUN
fbem-18143	44	8	in	in	ADP
fbem-18143	44	9	relation	relation	NOUN
fbem-18143	44	10	to	to	ADP
fbem-18143	44	11	the	the	DET
fbem-18143	44	12	division	division	NOUN
fbem-18143	44	13	of	of	ADP
fbem-18143	44	14	goals	goal	NOUN
fbem-18143	44	15	,	,	PUNCT
fbem-18143	44	16	lack	lack	NOUN
fbem-18143	44	17	of	of	ADP
fbem-18143	44	18	competitiveness	competitiveness	NOUN
fbem-18143	44	19	,	,	PUNCT
fbem-18143	44	20	and	and	CCONJ
fbem-18143	44	21	leading	lead	VERB
fbem-18143	44	22	to	to	ADP
fbem-18143	44	23	private	private	ADJ
fbem-18143	44	24	divestment	divestment	NOUN
fbem-18143	44	25	persisted	persist	VERB
fbem-18143	44	26	,	,	PUNCT
fbem-18143	44	27	glcs	glcs	NOUN
fbem-18143	44	28	are	be	AUX
fbem-18143	44	29	still	still	ADV
fbem-18143	44	30	the	the	DET
fbem-18143	44	31	most	most	ADV
fbem-18143	44	32	preferable	preferable	ADJ
fbem-18143	44	33	to	to	PART
fbem-18143	44	34	achieve	achieve	VERB
fbem-18143	44	35	a	a	DET
fbem-18143	44	36	country	country	NOUN
fbem-18143	44	37	’s	’s	PART
fbem-18143	44	38	industrialization	industrialization	NOUN
fbem-18143	44	39	.	.	PUNCT
fbem-18143	45	1	a	a	DET
fbem-18143	45	2	majority	majority	NOUN
fbem-18143	45	3	of	of	ADP
fbem-18143	45	4	studies	study	NOUN
fbem-18143	45	5	praise	praise	VERB
fbem-18143	45	6	their	their	PRON
fbem-18143	45	7	social	social	ADJ
fbem-18143	45	8	attributions	attribution	NOUN
fbem-18143	45	9	and	and	CCONJ
fbem-18143	45	10	marketplace	marketplace	NOUN
fbem-18143	45	11	supplement	supplement	NOUN
fbem-18143	45	12	roles	role	NOUN
fbem-18143	45	13	,	,	PUNCT
fbem-18143	45	14	especially	especially	ADV
fbem-18143	45	15	in	in	ADP
fbem-18143	45	16	emerging	emerge	VERB
fbem-18143	45	17	markets	market	NOUN
fbem-18143	45	18	like	like	ADP
fbem-18143	45	19	the	the	DET
fbem-18143	45	20	malaysian	malaysian	ADJ
fbem-18143	45	21	economy	economy	NOUN
fbem-18143	45	22	,	,	PUNCT
fbem-18143	45	23	however	however	ADV
fbem-18143	45	24	,	,	PUNCT
fbem-18143	45	25	the	the	DET
fbem-18143	45	26	drawbacks	drawback	NOUN
fbem-18143	45	27	,	,	PUNCT
fbem-18143	45	28	like	like	ADP
fbem-18143	45	29	intrusion	intrusion	NOUN
fbem-18143	45	30	into	into	ADP
fbem-18143	45	31	other	other	ADJ
fbem-18143	45	32	sectors	sector	NOUN
fbem-18143	45	33	,	,	PUNCT
fbem-18143	45	34	gradually	gradually	ADV
fbem-18143	45	35	weaken	weaken	VERB
fbem-18143	45	36	the	the	DET
fbem-18143	45	37	optimality	optimality	NOUN
fbem-18143	45	38	to	to	PART
fbem-18143	45	39	make	make	VERB
fbem-18143	45	40	the	the	DET
fbem-18143	45	41	full	full	ADJ
fbem-18143	45	42	utilization	utilization	NOUN
fbem-18143	45	43	of	of	ADP
fbem-18143	45	44	glcs	glcs	NOUN
fbem-18143	45	45	.	.	PUNCT
fbem-18143	46	1	fortunately	fortunately	ADV
fbem-18143	46	2	,	,	PUNCT
fbem-18143	46	3	it	it	PRON
fbem-18143	46	4	is	be	AUX
fbem-18143	46	5	evident	evident	ADJ
fbem-18143	46	6	that	that	SCONJ
fbem-18143	46	7	implementations	implementation	NOUN
fbem-18143	46	8	of	of	ADP
fbem-18143	46	9	improvements	improvement	NOUN
fbem-18143	46	10	exist	exist	VERB
fbem-18143	46	11	according	accord	VERB
fbem-18143	46	12	to	to	ADP
fbem-18143	46	13	the	the	DET
fbem-18143	46	14	previous	previous	ADJ
fbem-18143	46	15	argumentations	argumentation	NOUN
fbem-18143	46	16	.	.	PUNCT
fbem-18143	47	1	2.3	2.3	NUM
fbem-18143	47	2	.	.	PUNCT
fbem-18143	48	1	implications	implication	NOUN
fbem-18143	48	2	government	government	NOUN
fbem-18143	48	3	-	-	PUNCT
fbem-18143	48	4	linked	link	VERB
fbem-18143	48	5	companies	company	NOUN
fbem-18143	48	6	as	as	ADP
fbem-18143	48	7	an	an	DET
fbem-18143	48	8	indispensable	indispensable	ADJ
fbem-18143	48	9	player	player	NOUN
fbem-18143	48	10	in	in	ADP
fbem-18143	48	11	businesses	business	NOUN
fbem-18143	48	12	,	,	PUNCT
fbem-18143	48	13	should	should	AUX
fbem-18143	48	14	be	be	AUX
fbem-18143	48	15	treated	treat	VERB
fbem-18143	48	16	with	with	ADP
fbem-18143	48	17	tactics	tactic	NOUN
fbem-18143	48	18	.	.	PUNCT
fbem-18143	49	1	in	in	ADP
fbem-18143	49	2	the	the	DET
fbem-18143	49	3	case	case	NOUN
fbem-18143	49	4	of	of	ADP
fbem-18143	49	5	the	the	DET
fbem-18143	49	6	malaysian	malaysian	ADJ
fbem-18143	49	7	economy	economy	NOUN
fbem-18143	49	8	,	,	PUNCT
fbem-18143	49	9	glcs	glcs	NOUN
fbem-18143	49	10	have	have	AUX
fbem-18143	49	11	been	be	AUX
fbem-18143	49	12	fulfilling	fulfil	VERB
fbem-18143	49	13	commercial	commercial	ADJ
fbem-18143	49	14	objectives	objective	NOUN
fbem-18143	49	15	,	,	PUNCT
fbem-18143	49	16	proceeding	proceed	VERB
fbem-18143	49	17	industrial	industrial	ADJ
fbem-18143	49	18	progresses	progress	NOUN
fbem-18143	49	19	,	,	PUNCT
fbem-18143	49	20	addressing	address	VERB
fbem-18143	49	21	market	market	NOUN
fbem-18143	49	22	failures	failure	NOUN
fbem-18143	49	23	,	,	PUNCT
fbem-18143	49	24	and	and	CCONJ
fbem-18143	49	25	providing	provide	VERB
fbem-18143	49	26	fundamental	fundamental	ADJ
fbem-18143	49	27	services	service	NOUN
fbem-18143	49	28	for	for	ADP
fbem-18143	49	29	the	the	DET
fbem-18143	49	30	country	country	NOUN
fbem-18143	49	31	;	;	PUNCT
fbem-18143	49	32	yet	yet	CCONJ
fbem-18143	49	33	criticism	criticism	NOUN
fbem-18143	49	34	of	of	ADP
fbem-18143	49	35	their	their	PRON
fbem-18143	49	36	operations	operation	NOUN
fbem-18143	49	37	varies	vary	VERB
fbem-18143	49	38	,	,	PUNCT
fbem-18143	49	39	mostly	mostly	ADV
fbem-18143	49	40	on	on	ADP
fbem-18143	49	41	the	the	DET
fbem-18143	49	42	division	division	NOUN
fbem-18143	49	43	of	of	ADP
fbem-18143	49	44	goals	goal	NOUN
fbem-18143	49	45	,	,	PUNCT
fbem-18143	49	46	deficiency	deficiency	NOUN
fbem-18143	49	47	of	of	ADP
fbem-18143	49	48	incentives	incentive	NOUN
fbem-18143	49	49	,	,	PUNCT
fbem-18143	49	50	and	and	CCONJ
fbem-18143	49	51	crowding	crowd	VERB
fbem-18143	49	52	out	out	ADP
fbem-18143	49	53	private	private	ADJ
fbem-18143	49	54	investment	investment	NOUN
fbem-18143	49	55	.	.	PUNCT
fbem-18143	50	1	this	this	PRON
fbem-18143	50	2	seems	seem	VERB
fbem-18143	50	3	to	to	PART
fbem-18143	50	4	be	be	AUX
fbem-18143	50	5	unfair	unfair	ADJ
fbem-18143	50	6	,	,	PUNCT
fbem-18143	50	7	to	to	PART
fbem-18143	50	8	intentionally	intentionally	ADV
fbem-18143	50	9	neglect	neglect	VERB
fbem-18143	50	10	the	the	DET
fbem-18143	50	11	various	various	ADJ
fbem-18143	50	12	aspects	aspect	NOUN
fbem-18143	50	13	of	of	ADP
fbem-18143	50	14	value	value	NOUN
fbem-18143	50	15	that	that	DET
fbem-18143	50	16	glcs	glcs	NOUN
fbem-18143	50	17	potentially	potentially	ADV
fbem-18143	50	18	create	create	VERB
fbem-18143	50	19	:	:	PUNCT
fbem-18143	50	20	the	the	DET
fbem-18143	50	21	incarnation	incarnation	NOUN
fbem-18143	50	22	of	of	ADP
fbem-18143	50	23	collective	collective	ADJ
fbem-18143	50	24	contributors	contributor	NOUN
fbem-18143	50	25	socially	socially	ADV
fbem-18143	50	26	,	,	PUNCT
fbem-18143	50	27	environmentally	environmentally	ADV
fbem-18143	50	28	,	,	PUNCT
fbem-18143	50	29	or	or	CCONJ
fbem-18143	50	30	institutionally	institutionally	ADV
fbem-18143	50	31	;	;	PUNCT
fbem-18143	50	32	besides	besides	ADV
fbem-18143	50	33	,	,	PUNCT
fbem-18143	50	34	exploiting	exploit	VERB
fbem-18143	50	35	regulated	regulated	ADJ
fbem-18143	50	36	benefits	benefit	NOUN
fbem-18143	50	37	enhances	enhance	NOUN
fbem-18143	50	38	glcs	glcs	NOUN
fbem-18143	50	39	’	'	PUNCT
fbem-18143	50	40	comparative	comparative	ADJ
fbem-18143	50	41	advantages	advantage	NOUN
fbem-18143	50	42	,	,	PUNCT
fbem-18143	50	43	which	which	PRON
fbem-18143	50	44	is	be	AUX
fbem-18143	50	45	in	in	ADP
fbem-18143	50	46	conformity	conformity	NOUN
fbem-18143	50	47	with	with	ADP
fbem-18143	50	48	optimal	optimal	ADJ
fbem-18143	50	49	utilization	utilization	NOUN
fbem-18143	50	50	of	of	ADP
fbem-18143	50	51	firms	firm	NOUN
fbem-18143	50	52	’	'	PUNCT
fbem-18143	50	53	resources	resource	NOUN
fbem-18143	50	54	.	.	PUNCT
fbem-18143	51	1	thus	thus	ADV
fbem-18143	51	2	,	,	PUNCT
fbem-18143	51	3	eliminating	eliminate	VERB
fbem-18143	51	4	imperfections	imperfection	NOUN
fbem-18143	51	5	of	of	ADP
fbem-18143	51	6	the	the	DET
fbem-18143	51	7	mechanism	mechanism	NOUN
fbem-18143	51	8	of	of	ADP
fbem-18143	51	9	how	how	SCONJ
fbem-18143	51	10	glcs	glcs	NOUN
fbem-18143	51	11	interact	interact	NOUN
fbem-18143	51	12	with	with	ADP
fbem-18143	51	13	other	other	ADJ
fbem-18143	51	14	entities	entity	NOUN
fbem-18143	51	15	anticipates	anticipate	VERB
fbem-18143	51	16	exploring	explore	VERB
fbem-18143	51	17	the	the	DET
fbem-18143	51	18	possibilities	possibility	NOUN
fbem-18143	51	19	of	of	ADP
fbem-18143	51	20	resolution	resolution	NOUN
fbem-18143	51	21	.	.	PUNCT
fbem-18143	52	1	for	for	ADP
fbem-18143	52	2	instance	instance	NOUN
fbem-18143	52	3	,	,	PUNCT
fbem-18143	52	4	the	the	DET
fbem-18143	52	5	future	future	ADJ
fbem-18143	52	6	vision	vision	NOUN
fbem-18143	52	7	of	of	ADP
fbem-18143	52	8	equity	equity	NOUN
fbem-18143	52	9	-	-	PUNCT
fbem-18143	52	10	based	base	VERB
fbem-18143	52	11	incentives	incentive	NOUN
fbem-18143	52	12	motivates	motivate	VERB
fbem-18143	52	13	glcs	glcs	NOUN
fbem-18143	52	14	to	to	PART
fbem-18143	52	15	innovate	innovate	VERB
fbem-18143	52	16	aggressively	aggressively	ADV
fbem-18143	52	17	;	;	PUNCT
fbem-18143	52	18	full	full	ADJ
fbem-18143	52	19	invocation	invocation	NOUN
fbem-18143	52	20	of	of	ADP
fbem-18143	52	21	advantages	advantage	NOUN
fbem-18143	52	22	conferred	confer	VERB
fbem-18143	52	23	by	by	ADP
fbem-18143	52	24	regulations	regulation	NOUN
fbem-18143	52	25	;	;	PUNCT
fbem-18143	52	26	expanding	expand	VERB
fbem-18143	52	27	demands	demand	NOUN
fbem-18143	52	28	to	to	PART
fbem-18143	52	29	aim	aim	VERB
fbem-18143	52	30	growth	growth	NOUN
fbem-18143	52	31	in	in	ADP
fbem-18143	52	32	private	private	ADJ
fbem-18143	52	33	investment	investment	NOUN
fbem-18143	52	34	.	.	PUNCT
fbem-18143	53	1	the	the	DET
fbem-18143	53	2	endeavor	endeavor	NOUN
fbem-18143	53	3	of	of	ADP
fbem-18143	53	4	tackling	tackle	VERB
fbem-18143	53	5	flaws	flaw	NOUN
fbem-18143	53	6	anticipates	anticipate	VERB
fbem-18143	53	7	being	be	AUX
fbem-18143	53	8	detailed	detail	VERB
fbem-18143	53	9	assessed	assess	VERB
fbem-18143	53	10	in	in	ADP
fbem-18143	53	11	the	the	DET
fbem-18143	53	12	evaluation	evaluation	NOUN
fbem-18143	53	13	chapter	chapter	NOUN
fbem-18143	53	14	.	.	PUNCT
fbem-18143	54	1	3	3	X
fbem-18143	54	2	.	.	X
fbem-18143	54	3	the	the	DET
fbem-18143	54	4	characteristics	characteristic	NOUN
fbem-18143	54	5	and	and	CCONJ
fbem-18143	54	6	impact	impact	NOUN
fbem-18143	54	7	of	of	ADP
fbem-18143	54	8	political	political	ADJ
fbem-18143	54	9	capital	capital	NOUN
fbem-18143	54	10	3.1	3.1	NUM
fbem-18143	54	11	.	.	PUNCT
fbem-18143	54	12	overview	overview	VERB
fbem-18143	54	13	numerous	numerous	ADJ
fbem-18143	54	14	papers	paper	NOUN
fbem-18143	54	15	have	have	AUX
fbem-18143	54	16	been	be	AUX
fbem-18143	54	17	investigating	investigate	VERB
fbem-18143	54	18	the	the	DET
fbem-18143	54	19	escalated	escalate	VERB
fbem-18143	54	20	effects	effect	NOUN
fbem-18143	54	21	of	of	ADP
fbem-18143	54	22	a	a	DET
fbem-18143	54	23	variety	variety	NOUN
fbem-18143	54	24	of	of	ADP
fbem-18143	54	25	political	political	ADJ
fbem-18143	54	26	capital	capital	NOUN
fbem-18143	54	27	,	,	PUNCT
fbem-18143	54	28	particularly	particularly	ADV
fbem-18143	54	29	in	in	ADP
fbem-18143	54	30	china	china	PROPN
fbem-18143	54	31	.	.	PUNCT
fbem-18143	55	1	topics	topic	NOUN
fbem-18143	55	2	covering	cover	VERB
fbem-18143	55	3	the	the	DET
fbem-18143	55	4	roles	role	NOUN
fbem-18143	55	5	of	of	ADP
fbem-18143	55	6	politics	politic	NOUN
fbem-18143	55	7	-	-	PUNCT
fbem-18143	55	8	associated	associate	VERB
fbem-18143	55	9	ceos	ceo	NOUN
fbem-18143	55	10	,	,	PUNCT
fbem-18143	55	11	the	the	DET
fbem-18143	55	12	impact	impact	NOUN
fbem-18143	55	13	that	that	PRON
fbem-18143	55	14	political	political	ADJ
fbem-18143	55	15	shares	share	NOUN
fbem-18143	55	16	brought	bring	VERB
fbem-18143	55	17	,	,	PUNCT
fbem-18143	55	18	taxation	taxation	NOUN
fbem-18143	55	19	,	,	PUNCT
fbem-18143	55	20	and	and	CCONJ
fbem-18143	55	21	troubling	troubling	ADJ
fbem-18143	55	22	concerns	concern	NOUN
fbem-18143	55	23	.	.	PUNCT
fbem-18143	56	1	arguments	argument	NOUN
fbem-18143	56	2	are	be	AUX
fbem-18143	56	3	divided	divide	VERB
fbem-18143	56	4	in	in	ADP
fbem-18143	56	5	terms	term	NOUN
fbem-18143	56	6	of	of	ADP
fbem-18143	56	7	whether	whether	SCONJ
fbem-18143	56	8	certain	certain	ADJ
fbem-18143	56	9	corporate	corporate	ADJ
fbem-18143	56	10	merits	merit	NOUN
fbem-18143	56	11	should	should	AUX
fbem-18143	56	12	be	be	AUX
fbem-18143	56	13	attributed	attribute	VERB
fbem-18143	56	14	to	to	ADP
fbem-18143	56	15	politically	politically	ADV
fbem-18143	56	16	connected	connect	VERB
fbem-18143	56	17	executives	executive	NOUN
fbem-18143	56	18	or	or	CCONJ
fbem-18143	56	19	not	not	PART
fbem-18143	56	20	.	.	PUNCT
fbem-18143	57	1	unique	unique	ADJ
fbem-18143	57	2	advantages	advantage	NOUN
fbem-18143	57	3	,	,	PUNCT
fbem-18143	57	4	ipo	ipo	NOUN
fbem-18143	57	5	approvals	approval	NOUN
fbem-18143	57	6	,	,	PUNCT
fbem-18143	57	7	and	and	CCONJ
fbem-18143	57	8	tax	tax	NOUN
fbem-18143	57	9	benefits	benefit	NOUN
fbem-18143	57	10	are	be	AUX
fbem-18143	57	11	the	the	DET
fbem-18143	57	12	crucial	crucial	ADJ
fbem-18143	57	13	reasonings	reasoning	NOUN
fbem-18143	57	14	for	for	ADP
fbem-18143	57	15	those	those	PRON
fbem-18143	57	16	who	who	PRON
fbem-18143	57	17	are	be	AUX
fbem-18143	57	18	in	in	ADP
fbem-18143	57	19	favor	favor	NOUN
fbem-18143	57	20	of	of	ADP
fbem-18143	57	21	political	political	ADJ
fbem-18143	57	22	control	control	NOUN
fbem-18143	57	23	,	,	PUNCT
fbem-18143	57	24	while	while	SCONJ
fbem-18143	57	25	the	the	DET
fbem-18143	57	26	oppositions	opposition	NOUN
fbem-18143	57	27	raise	raise	VERB
fbem-18143	57	28	the	the	DET
fbem-18143	57	29	worrying	worrying	NOUN
fbem-18143	57	30	of	of	ADP
fbem-18143	57	31	preventing	prevent	VERB
fbem-18143	57	32	rent	rent	NOUN
fbem-18143	57	33	-	-	PUNCT
fbem-18143	57	34	seeking	seeking	NOUN
fbem-18143	57	35	,	,	PUNCT
fbem-18143	57	36	lack	lack	NOUN
fbem-18143	57	37	of	of	ADP
fbem-18143	57	38	flexibility	flexibility	NOUN
fbem-18143	57	39	or	or	CCONJ
fbem-18143	57	40	professionalism	professionalism	NOUN
fbem-18143	57	41	,	,	PUNCT
fbem-18143	57	42	and	and	CCONJ
fbem-18143	57	43	other	other	ADJ
fbem-18143	57	44	poisonous	poisonous	ADJ
fbem-18143	57	45	shortcomings	shortcoming	NOUN
fbem-18143	57	46	to	to	ADP
fbem-18143	57	47	the	the	DET
fbem-18143	57	48	maximization	maximization	NOUN
fbem-18143	57	49	of	of	ADP
fbem-18143	57	50	value	value	NOUN
fbem-18143	57	51	creation	creation	NOUN
fbem-18143	57	52	.	.	PUNCT
fbem-18143	58	1	additionally	additionally	ADV
fbem-18143	58	2	,	,	PUNCT
fbem-18143	58	3	there	there	PRON
fbem-18143	58	4	are	be	VERB
fbem-18143	58	5	other	other	ADJ
fbem-18143	58	6	determinants	determinant	NOUN
fbem-18143	58	7	,	,	PUNCT
fbem-18143	58	8	including	include	VERB
fbem-18143	58	9	political	political	ADJ
fbem-18143	58	10	ownership	ownership	NOUN
fbem-18143	58	11	,	,	PUNCT
fbem-18143	58	12	decisions	decision	NOUN
fbem-18143	58	13	regarding	regard	VERB
fbem-18143	58	14	ipos	ipos	NOUN
fbem-18143	58	15	,	,	PUNCT
fbem-18143	58	16	and	and	CCONJ
fbem-18143	58	17	other	other	ADJ
fbem-18143	58	18	implicated	implicated	ADJ
fbem-18143	58	19	politics	politic	NOUN
fbem-18143	58	20	-	-	PUNCT
fbem-18143	58	21	related	relate	VERB
fbem-18143	58	22	support	support	NOUN
fbem-18143	58	23	.	.	PUNCT
fbem-18143	59	1	accordingly	accordingly	ADV
fbem-18143	59	2	,	,	PUNCT
fbem-18143	59	3	the	the	DET
fbem-18143	59	4	various	various	ADJ
fbem-18143	59	5	aspects	aspect	NOUN
fbem-18143	59	6	of	of	ADP
fbem-18143	59	7	discussions	discussion	NOUN
fbem-18143	59	8	differ	differ	VERB
fbem-18143	59	9	,	,	PUNCT
fbem-18143	59	10	and	and	CCONJ
fbem-18143	59	11	the	the	DET
fbem-18143	59	12	precision	precision	NOUN
fbem-18143	59	13	of	of	ADP
fbem-18143	59	14	research	research	NOUN
fbem-18143	59	15	scope	scope	NOUN
fbem-18143	59	16	required	require	VERB
fbem-18143	59	17	,	,	PUNCT
fbem-18143	59	18	the	the	DET
fbem-18143	59	19	term	term	NOUN
fbem-18143	59	20	‘	'	PUNCT
fbem-18143	59	21	political	political	ADJ
fbem-18143	59	22	capital	capital	NOUN
fbem-18143	59	23	’	'	PUNCT
fbem-18143	59	24	comes	come	VERB
fbem-18143	59	25	to	to	ADP
fbem-18143	59	26	its	its	PRON
fbem-18143	59	27	interpretation	interpretation	NOUN
fbem-18143	59	28	.	.	PUNCT
fbem-18143	60	1	from	from	ADP
fbem-18143	60	2	a	a	DET
fbem-18143	60	3	broader	broad	ADJ
fbem-18143	60	4	perspective	perspective	NOUN
fbem-18143	60	5	,	,	PUNCT
fbem-18143	60	6	this	this	DET
fbem-18143	60	7	paper	paper	NOUN
fbem-18143	60	8	defines	define	VERB
fbem-18143	60	9	‘	'	PUNCT
fbem-18143	60	10	political	political	ADJ
fbem-18143	60	11	capital	capital	NOUN
fbem-18143	60	12	’	'	PUNCT
fbem-18143	60	13	as	as	ADP
fbem-18143	60	14	managers	manager	NOUN
fbem-18143	60	15	,	,	PUNCT
fbem-18143	60	16	sponsors	sponsor	NOUN
fbem-18143	60	17	,	,	PUNCT
fbem-18143	60	18	investors	investor	NOUN
fbem-18143	60	19	,	,	PUNCT
fbem-18143	60	20	and	and	CCONJ
fbem-18143	60	21	social	social	ADJ
fbem-18143	60	22	capital	capital	NOUN
fbem-18143	60	23	with	with	ADP
fbem-18143	60	24	political	political	ADJ
fbem-18143	60	25	connections	connection	NOUN
fbem-18143	60	26	.	.	PUNCT
fbem-18143	61	1	3.2	3.2	NUM
fbem-18143	61	2	.	.	PUNCT
fbem-18143	62	1	ipo	ipo	NOUN
fbem-18143	62	2	activities	activity	NOUN
fbem-18143	62	3	(	(	PUNCT
fbem-18143	62	4	1	1	X
fbem-18143	62	5	)	)	PUNCT
fbem-18143	62	6	controversy	controversy	NOUN
fbem-18143	62	7	:	:	PUNCT
fbem-18143	62	8	positive	positive	ADJ
fbem-18143	62	9	or	or	CCONJ
fbem-18143	62	10	negative	negative	ADJ
fbem-18143	62	11	?	?	PUNCT
fbem-18143	63	1	for	for	ADP
fbem-18143	63	2	starters	starter	NOUN
fbem-18143	63	3	,	,	PUNCT
fbem-18143	63	4	there	there	PRON
fbem-18143	63	5	is	be	VERB
fbem-18143	63	6	a	a	DET
fbem-18143	63	7	contradictory	contradictory	ADJ
fbem-18143	63	8	of	of	ADP
fbem-18143	63	9	evidence	evidence	NOUN
fbem-18143	63	10	on	on	ADP
fbem-18143	63	11	whether	whether	SCONJ
fbem-18143	63	12	executives	executive	NOUN
fbem-18143	63	13	with	with	ADP
fbem-18143	63	14	political	political	ADJ
fbem-18143	63	15	connections	connection	NOUN
fbem-18143	63	16	create	create	VERB
fbem-18143	63	17	value	value	NOUN
fbem-18143	63	18	for	for	ADP
fbem-18143	63	19	ipos	ipos	NOUN
fbem-18143	63	20	or	or	CCONJ
fbem-18143	63	21	not	not	PART
fbem-18143	63	22	.	.	PUNCT
fbem-18143	64	1	with	with	ADP
fbem-18143	64	2	political	political	ADJ
fbem-18143	64	3	alignment	alignment	NOUN
fbem-18143	64	4	index	index	NOUN
fbem-18143	64	5	(	(	PUNCT
fbem-18143	64	6	pai	pai	PROPN
fbem-18143	64	7	)	)	PUNCT
fbem-18143	64	8	,	,	PUNCT
fbem-18143	64	9	çolak	çolak	PROPN
fbem-18143	64	10	et	et	PROPN
fbem-18143	64	11	al	al	PROPN
fbem-18143	64	12	.	.	PROPN
fbem-18143	65	1	(	(	PUNCT
fbem-18143	65	2	2021	2021	NUM
fbem-18143	65	3	)	)	PUNCT
fbem-18143	65	4	demonstrates	demonstrate	VERB
fbem-18143	65	5	that	that	SCONJ
fbem-18143	65	6	its	its	PRON
fbem-18143	65	7	conceivable	conceivable	ADJ
fbem-18143	65	8	positivity	positivity	NOUN
fbem-18143	65	9	to	to	ADP
fbem-18143	65	10	the	the	DET
fbem-18143	65	11	underpricing	underpricing	NOUN
fbem-18143	65	12	of	of	ADP
fbem-18143	65	13	us	we	PRON
fbem-18143	65	14	’s	’s	PART
fbem-18143	65	15	ipos	ipos	NOUN
fbem-18143	65	16	.	.	PUNCT
fbem-18143	66	1	this	this	DET
fbem-18143	66	2	american	american	ADJ
fbem-18143	66	3	sample	sample	NOUN
fbem-18143	66	4	ignites	ignite	VERB
fbem-18143	66	5	the	the	DET
fbem-18143	66	6	sparks	spark	NOUN
fbem-18143	66	7	of	of	ADP
fbem-18143	66	8	integrating	integrate	VERB
fbem-18143	66	9	policy	policy	NOUN
fbem-18143	66	10	engagement	engagement	NOUN
fbem-18143	66	11	and	and	CCONJ
fbem-18143	66	12	under	under	NOUN
fbem-18143	66	13	-	-	PUNCT
fbem-18143	66	14	evaluation	evaluation	NOUN
fbem-18143	66	15	in	in	ADP
fbem-18143	66	16	ipos	ipos	NOUN
fbem-18143	66	17	,	,	PUNCT
fbem-18143	66	18	inspiring	inspire	VERB
fbem-18143	66	19	academia	academia	NOUN
fbem-18143	66	20	to	to	PART
fbem-18143	66	21	revise	revise	VERB
fbem-18143	66	22	from	from	ADP
fbem-18143	66	23	a	a	DET
fbem-18143	66	24	more	more	ADV
fbem-18143	66	25	12	12	NUM
fbem-18143	66	26	comprehensive	comprehensive	ADJ
fbem-18143	66	27	view	view	NOUN
fbem-18143	66	28	.	.	PUNCT
fbem-18143	67	1	similarly	similarly	ADV
fbem-18143	67	2	,	,	PUNCT
fbem-18143	67	3	fan	fan	PROPN
fbem-18143	67	4	et	et	PROPN
fbem-18143	67	5	al	al	PROPN
fbem-18143	67	6	.	.	PROPN
fbem-18143	68	1	(	(	PUNCT
fbem-18143	68	2	2014	2014	NUM
fbem-18143	68	3	)	)	PUNCT
fbem-18143	68	4	speculate	speculate	VERB
fbem-18143	68	5	that	that	SCONJ
fbem-18143	68	6	the	the	DET
fbem-18143	68	7	anticipated	anticipate	VERB
fbem-18143	68	8	results	result	NOUN
fbem-18143	68	9	of	of	ADP
fbem-18143	68	10	their	their	PRON
fbem-18143	68	11	regressions	regression	NOUN
fbem-18143	68	12	are	be	AUX
fbem-18143	68	13	in	in	ADP
fbem-18143	68	14	conformity	conformity	NOUN
fbem-18143	68	15	with	with	ADP
fbem-18143	68	16	the	the	DET
fbem-18143	68	17	us	us	PROPN
fbem-18143	68	18	’s	’s	PART
fbem-18143	68	19	case	case	NOUN
fbem-18143	68	20	,	,	PUNCT
fbem-18143	68	21	inferring	infer	VERB
fbem-18143	68	22	that	that	SCONJ
fbem-18143	68	23	chinese	chinese	ADJ
fbem-18143	68	24	managers	manager	NOUN
fbem-18143	68	25	without	without	ADP
fbem-18143	68	26	connections	connection	NOUN
fbem-18143	68	27	beat	beat	VERB
fbem-18143	68	28	their	their	PRON
fbem-18143	68	29	rivals	rival	NOUN
fbem-18143	68	30	,	,	PUNCT
fbem-18143	68	31	in	in	ADP
fbem-18143	68	32	other	other	ADJ
fbem-18143	68	33	words	word	NOUN
fbem-18143	68	34	,	,	PUNCT
fbem-18143	68	35	politically	politically	ADV
fbem-18143	68	36	associated	associated	ADJ
fbem-18143	68	37	executives	executive	NOUN
fbem-18143	68	38	defeat	defeat	NOUN
fbem-18143	68	39	,	,	PUNCT
fbem-18143	68	40	due	due	ADP
fbem-18143	68	41	to	to	ADP
fbem-18143	68	42	the	the	DET
fbem-18143	68	43	lack	lack	NOUN
fbem-18143	68	44	of	of	ADP
fbem-18143	68	45	professional	professional	ADJ
fbem-18143	68	46	expertise	expertise	NOUN
fbem-18143	68	47	.	.	PUNCT
fbem-18143	69	1	their	their	PRON
fbem-18143	69	2	indicators	indicator	NOUN
fbem-18143	69	3	,	,	PUNCT
fbem-18143	69	4	instead	instead	ADV
fbem-18143	69	5	of	of	ADP
fbem-18143	69	6	using	use	VERB
fbem-18143	69	7	tobin	tobin	PROPN
fbem-18143	69	8	’s	’s	PART
fbem-18143	69	9	q	q	NOUN
fbem-18143	69	10	,	,	PUNCT
fbem-18143	69	11	are	be	AUX
fbem-18143	69	12	stock	stock	NOUN
fbem-18143	69	13	return	return	NOUN
fbem-18143	69	14	,	,	PUNCT
fbem-18143	69	15	accounting	accounting	NOUN
fbem-18143	69	16	-	-	PUNCT
fbem-18143	69	17	base	base	NOUN
fbem-18143	69	18	methods	method	NOUN
fbem-18143	69	19	,	,	PUNCT
fbem-18143	69	20	and	and	CCONJ
fbem-18143	69	21	return	return	VERB
fbem-18143	69	22	on	on	ADP
fbem-18143	69	23	sales	sale	NOUN
fbem-18143	69	24	(	(	PUNCT
fbem-18143	69	25	ros	ros	PROPN
fbem-18143	69	26	)	)	PUNCT
fbem-18143	69	27	as	as	ADP
fbem-18143	69	28	corporate	corporate	ADJ
fbem-18143	69	29	performance	performance	NOUN
fbem-18143	69	30	.	.	PUNCT
fbem-18143	70	1	moreover	moreover	ADV
fbem-18143	70	2	,	,	PUNCT
fbem-18143	70	3	doubts	doubt	NOUN
fbem-18143	70	4	on	on	ADP
fbem-18143	70	5	the	the	DET
fbem-18143	70	6	progression	progression	NOUN
fbem-18143	70	7	of	of	ADP
fbem-18143	70	8	ipos	ipos	PROPN
fbem-18143	70	9	moves	move	VERB
fbem-18143	70	10	forward	forward	ADV
fbem-18143	70	11	dramatically	dramatically	ADV
fbem-18143	70	12	,	,	PUNCT
fbem-18143	70	13	in	in	ADP
fbem-18143	70	14	accordance	accordance	NOUN
fbem-18143	70	15	with	with	ADP
fbem-18143	70	16	an	an	DET
fbem-18143	70	17	investigation	investigation	NOUN
fbem-18143	70	18	conceded	concede	VERB
fbem-18143	70	19	by	by	ADP
fbem-18143	70	20	piotroski	piotroski	ADJ
fbem-18143	70	21	,	,	PUNCT
fbem-18143	70	22	et	et	PROPN
fbem-18143	70	23	al	al	PROPN
fbem-18143	70	24	.	.	PUNCT
fbem-18143	71	1	(	(	PUNCT
fbem-18143	71	2	2014	2014	NUM
fbem-18143	71	3	)	)	PUNCT
fbem-18143	71	4	.	.	PUNCT
fbem-18143	72	1	more	more	ADV
fbem-18143	72	2	specifically	specifically	ADV
fbem-18143	72	3	,	,	PUNCT
fbem-18143	72	4	they	they	PRON
fbem-18143	72	5	have	have	AUX
fbem-18143	72	6	noted	note	VERB
fbem-18143	72	7	that	that	SCONJ
fbem-18143	72	8	ipos	ipos	PROPN
fbem-18143	72	9	are	be	AUX
fbem-18143	72	10	growing	grow	VERB
fbem-18143	72	11	substantially	substantially	ADV
fbem-18143	72	12	,	,	PUNCT
fbem-18143	72	13	because	because	SCONJ
fbem-18143	72	14	of	of	ADP
fbem-18143	72	15	the	the	DET
fbem-18143	72	16	incentives	incentive	NOUN
fbem-18143	72	17	given	give	VERB
fbem-18143	72	18	to	to	ADP
fbem-18143	72	19	politicians	politician	NOUN
fbem-18143	72	20	.	.	PUNCT
fbem-18143	73	1	indeed	indeed	ADV
fbem-18143	73	2	,	,	PUNCT
fbem-18143	73	3	rising	rise	VERB
fbem-18143	73	4	concerns	concern	NOUN
fbem-18143	73	5	on	on	ADP
fbem-18143	73	6	the	the	DET
fbem-18143	73	7	possibilities	possibility	NOUN
fbem-18143	73	8	that	that	PRON
fbem-18143	73	9	rent	rent	NOUN
fbem-18143	73	10	-	-	PUNCT
fbem-18143	73	11	seeking	seek	VERB
fbem-18143	73	12	behaviors	behavior	NOUN
fbem-18143	73	13	exist	exist	VERB
fbem-18143	73	14	,	,	PUNCT
fbem-18143	73	15	with	with	ADP
fbem-18143	73	16	questions	question	NOUN
fbem-18143	73	17	on	on	ADP
fbem-18143	73	18	the	the	DET
fbem-18143	73	19	quality	quality	NOUN
fbem-18143	73	20	of	of	ADP
fbem-18143	73	21	financing	financing	NOUN
fbem-18143	73	22	and	and	CCONJ
fbem-18143	73	23	long	long	ADJ
fbem-18143	73	24	-	-	PUNCT
fbem-18143	73	25	term	term	NOUN
fbem-18143	73	26	return	return	NOUN
fbem-18143	73	27	.	.	PUNCT
fbem-18143	74	1	on	on	ADP
fbem-18143	74	2	the	the	DET
fbem-18143	74	3	contrary	contrary	NOUN
fbem-18143	74	4	,	,	PUNCT
fbem-18143	74	5	suggestive	suggestive	ADJ
fbem-18143	74	6	evidence	evidence	NOUN
fbem-18143	74	7	on	on	ADP
fbem-18143	74	8	political	political	ADJ
fbem-18143	74	9	connections	connection	NOUN
fbem-18143	74	10	is	be	AUX
fbem-18143	74	11	plentiful	plentiful	ADJ
fbem-18143	74	12	.	.	PUNCT
fbem-18143	75	1	favorable	favorable	ADJ
fbem-18143	75	2	relationships	relationship	NOUN
fbem-18143	75	3	with	with	ADP
fbem-18143	75	4	government	government	NOUN
fbem-18143	75	5	officers	officer	NOUN
fbem-18143	75	6	are	be	AUX
fbem-18143	75	7	corporate	corporate	ADJ
fbem-18143	75	8	assets	asset	NOUN
fbem-18143	75	9	for	for	ADP
fbem-18143	75	10	chinese	chinese	ADJ
fbem-18143	75	11	companies	company	NOUN
fbem-18143	75	12	(	(	PUNCT
fbem-18143	75	13	sheng	sheng	PROPN
fbem-18143	75	14	et	et	PROPN
fbem-18143	75	15	al	al	PROPN
fbem-18143	75	16	.	.	PROPN
fbem-18143	75	17	,	,	PUNCT
fbem-18143	75	18	2011	2011	NUM
fbem-18143	75	19	)	)	PUNCT
fbem-18143	75	20	,	,	PUNCT
fbem-18143	75	21	which	which	PRON
fbem-18143	75	22	identifies	identify	VERB
fbem-18143	75	23	that	that	SCONJ
fbem-18143	75	24	their	their	PRON
fbem-18143	75	25	facilitation	facilitation	NOUN
fbem-18143	75	26	in	in	ADP
fbem-18143	75	27	technological	technological	ADJ
fbem-18143	75	28	advancement	advancement	NOUN
fbem-18143	75	29	as	as	ADV
fbem-18143	75	30	well	well	ADV
fbem-18143	75	31	as	as	ADP
fbem-18143	75	32	support	support	NOUN
fbem-18143	75	33	from	from	ADP
fbem-18143	75	34	authorities	authority	NOUN
fbem-18143	75	35	,	,	PUNCT
fbem-18143	75	36	especially	especially	ADV
fbem-18143	75	37	when	when	SCONJ
fbem-18143	75	38	macroenvironment	macroenvironment	ADJ
fbem-18143	75	39	fails	fail	VERB
fbem-18143	75	40	to	to	PART
fbem-18143	75	41	fulfill	fulfill	VERB
fbem-18143	75	42	institutional	institutional	ADJ
fbem-18143	75	43	demands	demand	NOUN
fbem-18143	75	44	.	.	PUNCT
fbem-18143	76	1	although	although	SCONJ
fbem-18143	76	2	there	there	PRON
fbem-18143	76	3	have	have	AUX
fbem-18143	76	4	been	be	AUX
fbem-18143	76	5	questions	question	NOUN
fbem-18143	76	6	concerning	concern	VERB
fbem-18143	76	7	political	political	ADJ
fbem-18143	76	8	indeterminacy	indeterminacy	NOUN
fbem-18143	76	9	bringing	bring	VERB
fbem-18143	76	10	misleading	mislead	VERB
fbem-18143	76	11	action	action	NOUN
fbem-18143	76	12	,	,	PUNCT
fbem-18143	76	13	in	in	ADP
fbem-18143	76	14	other	other	ADJ
fbem-18143	76	15	words	word	NOUN
fbem-18143	76	16	,	,	PUNCT
fbem-18143	76	17	the	the	DET
fbem-18143	76	18	overuse	overuse	NOUN
fbem-18143	76	19	of	of	ADP
fbem-18143	76	20	political	political	ADJ
fbem-18143	76	21	ties	tie	NOUN
fbem-18143	76	22	conjectures	conjecture	VERB
fbem-18143	76	23	the	the	DET
fbem-18143	76	24	compulsion	compulsion	NOUN
fbem-18143	76	25	of	of	ADP
fbem-18143	76	26	firms	firm	NOUN
fbem-18143	76	27	’	’	PART
fbem-18143	76	28	behaviors	behavior	NOUN
fbem-18143	76	29	,	,	PUNCT
fbem-18143	76	30	and	and	CCONJ
fbem-18143	76	31	thus	thus	ADV
fbem-18143	76	32	leading	lead	VERB
fbem-18143	76	33	to	to	ADP
fbem-18143	76	34	a	a	DET
fbem-18143	76	35	capricious	capricious	ADJ
fbem-18143	76	36	market	market	NOUN
fbem-18143	76	37	,	,	PUNCT
fbem-18143	76	38	with	with	ADP
fbem-18143	76	39	caution	caution	NOUN
fbem-18143	76	40	,	,	PUNCT
fbem-18143	76	41	political	political	ADJ
fbem-18143	76	42	power	power	NOUN
fbem-18143	76	43	stimulates	stimulate	VERB
fbem-18143	76	44	firms	firm	NOUN
fbem-18143	76	45	to	to	PART
fbem-18143	76	46	outperform	outperform	VERB
fbem-18143	76	47	.	.	PUNCT
fbem-18143	77	1	fascinatingly	fascinatingly	ADV
fbem-18143	77	2	,	,	PUNCT
fbem-18143	77	3	this	this	DET
fbem-18143	77	4	relationship	relationship	NOUN
fbem-18143	77	5	affirms	affirm	VERB
fbem-18143	77	6	the	the	DET
fbem-18143	77	7	routine	routine	NOUN
fbem-18143	77	8	of	of	ADP
fbem-18143	77	9	how	how	SCONJ
fbem-18143	77	10	political	political	ADJ
fbem-18143	77	11	ties	tie	NOUN
fbem-18143	77	12	positively	positively	ADV
fbem-18143	77	13	affect	affect	VERB
fbem-18143	77	14	firms	firm	NOUN
fbem-18143	77	15	’	'	PUNCT
fbem-18143	77	16	technological	technological	ADJ
fbem-18143	77	17	advancement	advancement	NOUN
fbem-18143	77	18	:	:	PUNCT
fbem-18143	77	19	by	by	ADP
fbem-18143	77	20	applying	apply	VERB
fbem-18143	77	21	tax	tax	NOUN
fbem-18143	77	22	subsidies	subsidy	NOUN
fbem-18143	77	23	along	along	ADP
fbem-18143	77	24	with	with	ADP
fbem-18143	77	25	approving	approve	VERB
fbem-18143	77	26	firms	firm	NOUN
fbem-18143	77	27	’	'	PUNCT
fbem-18143	77	28	plans	plan	NOUN
fbem-18143	77	29	.	.	PUNCT
fbem-18143	78	1	tax	tax	NOUN
fbem-18143	78	2	benefits	benefit	NOUN
fbem-18143	78	3	are	be	AUX
fbem-18143	78	4	expected	expect	VERB
fbem-18143	78	5	to	to	PART
fbem-18143	78	6	be	be	AUX
fbem-18143	78	7	analyzed	analyze	VERB
fbem-18143	78	8	subsequentially	subsequentially	ADV
fbem-18143	78	9	,	,	PUNCT
fbem-18143	78	10	whereas	whereas	SCONJ
fbem-18143	78	11	other	other	ADJ
fbem-18143	78	12	contextual	contextual	ADJ
fbem-18143	78	13	thoughts	thought	NOUN
fbem-18143	78	14	of	of	ADP
fbem-18143	78	15	political	political	ADJ
fbem-18143	78	16	connections	connection	NOUN
fbem-18143	78	17	delineate	delineate	VERB
fbem-18143	78	18	bright	bright	ADJ
fbem-18143	78	19	landscape	landscape	NOUN
fbem-18143	78	20	.	.	PUNCT
fbem-18143	79	1	(	(	PUNCT
fbem-18143	79	2	2	2	X
fbem-18143	79	3	)	)	PUNCT
fbem-18143	79	4	existence	existence	NOUN
fbem-18143	79	5	:	:	PUNCT
fbem-18143	79	6	significant	significant	ADJ
fbem-18143	79	7	or	or	CCONJ
fbem-18143	79	8	insignificant	insignificant	ADJ
fbem-18143	79	9	?	?	PUNCT
fbem-18143	80	1	does	do	AUX
fbem-18143	80	2	the	the	DET
fbem-18143	80	3	result	result	NOUN
fbem-18143	80	4	shows	show	NOUN
fbem-18143	80	5	in	in	ADP
fbem-18143	80	6	one	one	NUM
fbem-18143	80	7	way	way	NOUN
fbem-18143	80	8	or	or	CCONJ
fbem-18143	80	9	the	the	DET
fbem-18143	80	10	other	other	ADJ
fbem-18143	80	11	?	?	PUNCT
fbem-18143	81	1	on	on	ADP
fbem-18143	81	2	the	the	DET
fbem-18143	81	3	contrary	contrary	NOUN
fbem-18143	81	4	,	,	PUNCT
fbem-18143	81	5	academics	academic	NOUN
fbem-18143	81	6	dispute	dispute	VERB
fbem-18143	81	7	that	that	SCONJ
fbem-18143	81	8	the	the	DET
fbem-18143	81	9	situation	situation	NOUN
fbem-18143	81	10	differs	differ	VERB
fbem-18143	81	11	,	,	PUNCT
fbem-18143	81	12	certain	certain	ADJ
fbem-18143	81	13	conditions	condition	NOUN
fbem-18143	81	14	may	may	AUX
fbem-18143	81	15	not	not	PART
fbem-18143	81	16	be	be	AUX
fbem-18143	81	17	applied	apply	VERB
fbem-18143	81	18	universally	universally	ADV
fbem-18143	81	19	,	,	PUNCT
fbem-18143	81	20	and	and	CCONJ
fbem-18143	81	21	inconsistent	inconsistent	ADJ
fbem-18143	81	22	results	result	NOUN
fbem-18143	81	23	that	that	PRON
fbem-18143	81	24	are	be	AUX
fbem-18143	81	25	different	different	ADJ
fbem-18143	81	26	from	from	ADP
fbem-18143	81	27	any	any	PRON
fbem-18143	81	28	of	of	ADP
fbem-18143	81	29	the	the	DET
fbem-18143	81	30	prior	prior	ADJ
fbem-18143	81	31	ones	one	NOUN
fbem-18143	81	32	found	find	VERB
fbem-18143	81	33	.	.	PUNCT
fbem-18143	82	1	after	after	ADP
fbem-18143	82	2	a	a	DET
fbem-18143	82	3	due	due	ADJ
fbem-18143	82	4	consideration	consideration	NOUN
fbem-18143	82	5	of	of	ADP
fbem-18143	82	6	statistical	statistical	ADJ
fbem-18143	82	7	insignificance	insignificance	NOUN
fbem-18143	82	8	among	among	ADP
fbem-18143	82	9	variables	variable	NOUN
fbem-18143	82	10	(	(	PUNCT
fbem-18143	82	11	roa	roa	PROPN
fbem-18143	82	12	,	,	PUNCT
fbem-18143	82	13	roe	roe	NOUN
fbem-18143	82	14	,	,	PUNCT
fbem-18143	82	15	and	and	CCONJ
fbem-18143	82	16	political	political	ADJ
fbem-18143	82	17	connections	connection	NOUN
fbem-18143	82	18	)	)	PUNCT
fbem-18143	82	19	,	,	PUNCT
fbem-18143	82	20	hasnana	hasnana	PROPN
fbem-18143	82	21	et	et	PROPN
fbem-18143	82	22	al	al	PROPN
fbem-18143	82	23	.	.	PROPN
fbem-18143	82	24	(	(	PUNCT
fbem-18143	82	25	2019	2019	NUM
fbem-18143	82	26	)	)	PUNCT
fbem-18143	82	27	report	report	NOUN
fbem-18143	82	28	that	that	SCONJ
fbem-18143	82	29	no	no	DET
fbem-18143	82	30	linear	linear	ADJ
fbem-18143	82	31	correlation	correlation	NOUN
fbem-18143	82	32	found	find	VERB
fbem-18143	82	33	in	in	ADP
fbem-18143	82	34	their	their	PRON
fbem-18143	82	35	empirical	empirical	ADJ
fbem-18143	82	36	evidence	evidence	NOUN
fbem-18143	82	37	,	,	PUNCT
fbem-18143	82	38	with	with	ADP
fbem-18143	82	39	a	a	DET
fbem-18143	82	40	remarkable	remarkable	ADJ
fbem-18143	82	41	sample	sample	NOUN
fbem-18143	82	42	of	of	ADP
fbem-18143	82	43	over	over	ADP
fbem-18143	82	44	six	six	NUM
fbem-18143	82	45	hundred	hundred	NUM
fbem-18143	82	46	malaysian	malaysian	ADJ
fbem-18143	82	47	enterprises	enterprise	NOUN
fbem-18143	82	48	.	.	PUNCT
fbem-18143	83	1	nevertheless	nevertheless	ADV
fbem-18143	83	2	,	,	PUNCT
fbem-18143	83	3	unlike	unlike	ADP
fbem-18143	83	4	the	the	DET
fbem-18143	83	5	convoluted	convoluted	ADJ
fbem-18143	83	6	malaysian	malaysian	ADJ
fbem-18143	83	7	circumstances	circumstance	NOUN
fbem-18143	83	8	,	,	PUNCT
fbem-18143	83	9	the	the	DET
fbem-18143	83	10	chinese	chinese	ADJ
fbem-18143	83	11	context	context	NOUN
fbem-18143	83	12	had	have	AUX
fbem-18143	83	13	previously	previously	ADV
fbem-18143	83	14	found	find	VERB
fbem-18143	83	15	evidence	evidence	NOUN
fbem-18143	83	16	of	of	ADP
fbem-18143	83	17	association	association	NOUN
fbem-18143	83	18	.	.	PUNCT
fbem-18143	84	1	recent	recent	ADJ
fbem-18143	84	2	studies	study	NOUN
fbem-18143	84	3	persuade	persuade	VERB
fbem-18143	84	4	politically	politically	ADV
fbem-18143	84	5	connected	connect	VERB
fbem-18143	84	6	firms	firm	NOUN
fbem-18143	84	7	have	have	VERB
fbem-18143	84	8	comparative	comparative	ADJ
fbem-18143	84	9	advantages	advantage	NOUN
fbem-18143	84	10	in	in	ADP
fbem-18143	84	11	terms	term	NOUN
fbem-18143	84	12	of	of	ADP
fbem-18143	84	13	winning	win	VERB
fbem-18143	84	14	government	government	NOUN
fbem-18143	84	15	contracts	contract	NOUN
fbem-18143	84	16	(	(	PUNCT
fbem-18143	84	17	nee	nee	NOUN
fbem-18143	84	18	et	et	PROPN
fbem-18143	84	19	al	al	PROPN
fbem-18143	84	20	.	.	PROPN
fbem-18143	84	21	,	,	PUNCT
fbem-18143	84	22	2010	2010	NUM
fbem-18143	84	23	)	)	PUNCT
fbem-18143	84	24	,	,	PUNCT
fbem-18143	84	25	along	along	ADP
fbem-18143	84	26	with	with	ADP
fbem-18143	84	27	others	other	NOUN
fbem-18143	84	28	acknowledge	acknowledge	VERB
fbem-18143	84	29	the	the	DET
fbem-18143	84	30	positive	positive	ADJ
fbem-18143	84	31	relationship	relationship	NOUN
fbem-18143	84	32	between	between	ADP
fbem-18143	84	33	political	political	ADJ
fbem-18143	84	34	connections	connection	NOUN
fbem-18143	84	35	and	and	CCONJ
fbem-18143	84	36	ipos	ipos	NOUN
fbem-18143	84	37	’	'	PUNCT
fbem-18143	84	38	progression	progression	NOUN
fbem-18143	84	39	(	(	PUNCT
fbem-18143	84	40	liu	liu	PROPN
fbem-18143	84	41	et	et	PROPN
fbem-18143	84	42	al	al	PROPN
fbem-18143	84	43	.	.	PROPN
fbem-18143	84	44	,	,	PUNCT
fbem-18143	84	45	2013	2013	NUM
fbem-18143	84	46	;	;	PUNCT
fbem-18143	84	47	piotroski	piotroski	ADJ
fbem-18143	84	48	,	,	PUNCT
fbem-18143	84	49	et	et	PROPN
fbem-18143	84	50	al	al	PROPN
fbem-18143	84	51	.	.	PROPN
fbem-18143	84	52	,	,	PUNCT
fbem-18143	84	53	2014	2014	NUM
fbem-18143	84	54	)	)	PUNCT
fbem-18143	84	55	.	.	PUNCT
fbem-18143	85	1	with	with	ADP
fbem-18143	85	2	regards	regard	NOUN
fbem-18143	85	3	to	to	ADP
fbem-18143	85	4	ipos	ipos	NOUN
fbem-18143	85	5	’	'	PUNCT
fbem-18143	85	6	approval	approval	NOUN
fbem-18143	85	7	,	,	PUNCT
fbem-18143	85	8	the	the	DET
fbem-18143	85	9	evidence	evidence	NOUN
fbem-18143	85	10	applauds	applaud	VERB
fbem-18143	85	11	politically	politically	ADV
fbem-18143	85	12	associated	associate	VERB
fbem-18143	85	13	ceos	ceos	NOUN
fbem-18143	85	14	make	make	VERB
fbem-18143	85	15	capital	capital	NOUN
fbem-18143	85	16	market	market	NOUN
fbem-18143	85	17	accessible	accessible	ADJ
fbem-18143	85	18	to	to	ADP
fbem-18143	85	19	firms	firm	NOUN
fbem-18143	85	20	,	,	PUNCT
fbem-18143	85	21	especially	especially	ADV
fbem-18143	85	22	in	in	ADP
fbem-18143	85	23	emerging	emerge	VERB
fbem-18143	85	24	capital	capital	NOUN
fbem-18143	85	25	market	market	NOUN
fbem-18143	85	26	like	like	ADP
fbem-18143	85	27	china	china	PROPN
fbem-18143	85	28	.	.	PUNCT
fbem-18143	86	1	although	although	SCONJ
fbem-18143	86	2	worrying	worry	VERB
fbem-18143	86	3	regarding	regard	VERB
fbem-18143	86	4	the	the	DET
fbem-18143	86	5	quality	quality	NOUN
fbem-18143	86	6	of	of	ADP
fbem-18143	86	7	financing	financing	NOUN
fbem-18143	86	8	has	have	AUX
fbem-18143	86	9	been	be	AUX
fbem-18143	86	10	doubted	doubt	VERB
fbem-18143	86	11	(	(	PUNCT
fbem-18143	86	12	piotroski	piotroski	ADJ
fbem-18143	86	13	,	,	PUNCT
fbem-18143	86	14	et	et	PROPN
fbem-18143	86	15	al	al	PROPN
fbem-18143	86	16	.	.	PROPN
fbem-18143	86	17	,	,	PUNCT
fbem-18143	86	18	2014	2014	NUM
fbem-18143	86	19	)	)	PUNCT
fbem-18143	86	20	,	,	PUNCT
fbem-18143	86	21	startup	startup	NOUN
fbem-18143	86	22	companies	company	NOUN
fbem-18143	86	23	tend	tend	VERB
fbem-18143	86	24	to	to	PART
fbem-18143	86	25	build	build	VERB
fbem-18143	86	26	up	up	ADP
fbem-18143	86	27	connections	connection	NOUN
fbem-18143	86	28	ahead	ahead	ADV
fbem-18143	86	29	,	,	PUNCT
fbem-18143	86	30	as	as	SCONJ
fbem-18143	86	31	these	these	DET
fbem-18143	86	32	managers	manager	NOUN
fbem-18143	86	33	indeed	indeed	ADV
fbem-18143	86	34	foster	foster	VERB
fbem-18143	86	35	the	the	DET
fbem-18143	86	36	process	process	NOUN
fbem-18143	86	37	of	of	ADP
fbem-18143	86	38	value	value	NOUN
fbem-18143	86	39	creation	creation	NOUN
fbem-18143	86	40	.	.	PUNCT
fbem-18143	87	1	even	even	ADV
fbem-18143	87	2	further	far	ADV
fbem-18143	87	3	,	,	PUNCT
fbem-18143	87	4	it	it	PRON
fbem-18143	87	5	deciphers	decipher	VERB
fbem-18143	87	6	other	other	ADJ
fbem-18143	87	7	means	mean	NOUN
fbem-18143	87	8	of	of	ADP
fbem-18143	87	9	political	political	ADJ
fbem-18143	87	10	control	control	NOUN
fbem-18143	87	11	,	,	PUNCT
fbem-18143	87	12	namely	namely	ADV
fbem-18143	87	13	financing	financing	NOUN
fbem-18143	87	14	and	and	CCONJ
fbem-18143	87	15	sponsoring	sponsoring	NOUN
fbem-18143	87	16	,	,	PUNCT
fbem-18143	87	17	has	have	VERB
fbem-18143	87	18	short	short	ADJ
fbem-18143	87	19	-	-	PUNCT
fbem-18143	87	20	term	term	NOUN
fbem-18143	87	21	influential	influential	ADJ
fbem-18143	87	22	benign	benign	NOUN
fbem-18143	87	23	to	to	ADP
fbem-18143	87	24	firms	firm	NOUN
fbem-18143	87	25	,	,	PUNCT
fbem-18143	87	26	proving	prove	VERB
fbem-18143	87	27	an	an	DET
fbem-18143	87	28	endorsement	endorsement	NOUN
fbem-18143	87	29	of	of	ADP
fbem-18143	87	30	state	state	NOUN
fbem-18143	87	31	’s	’s	PART
fbem-18143	87	32	value	value	NOUN
fbem-18143	87	33	.	.	PUNCT
fbem-18143	88	1	3.3	3.3	NUM
fbem-18143	88	2	.	.	PUNCT
fbem-18143	89	1	ownership	ownership	NOUN
fbem-18143	89	2	arguments	argument	NOUN
fbem-18143	89	3	over	over	ADP
fbem-18143	89	4	firms	firm	NOUN
fbem-18143	89	5	’	’	PART
fbem-18143	89	6	ownership	ownership	NOUN
fbem-18143	89	7	divided	divide	VERB
fbem-18143	89	8	with	with	ADP
fbem-18143	89	9	respect	respect	NOUN
fbem-18143	89	10	to	to	ADP
fbem-18143	89	11	political	political	ADJ
fbem-18143	89	12	ownership	ownership	NOUN
fbem-18143	89	13	,	,	PUNCT
fbem-18143	89	14	such	such	ADJ
fbem-18143	89	15	as	as	ADP
fbem-18143	89	16	bridging	bridge	VERB
fbem-18143	89	17	social	social	ADJ
fbem-18143	89	18	capital	capital	NOUN
fbem-18143	89	19	.	.	PUNCT
fbem-18143	90	1	a	a	DET
fbem-18143	90	2	metaanalysis	metaanalysis	NOUN
fbem-18143	90	3	of	of	ADP
fbem-18143	90	4	literature	literature	NOUN
fbem-18143	90	5	creatively	creatively	ADV
fbem-18143	90	6	asserts	assert	VERB
fbem-18143	90	7	that	that	SCONJ
fbem-18143	90	8	not	not	PART
fbem-18143	90	9	only	only	ADV
fbem-18143	90	10	political	political	ADJ
fbem-18143	90	11	ownerships	ownership	NOUN
fbem-18143	90	12	,	,	PUNCT
fbem-18143	90	13	but	but	CCONJ
fbem-18143	90	14	a	a	DET
fbem-18143	90	15	combination	combination	NOUN
fbem-18143	90	16	of	of	ADP
fbem-18143	90	17	ownership	ownership	NOUN
fbem-18143	90	18	among	among	ADP
fbem-18143	90	19	all	all	DET
fbem-18143	90	20	state	state	NOUN
fbem-18143	90	21	power	power	NOUN
fbem-18143	90	22	slightly	slightly	ADV
fbem-18143	90	23	harms	harm	VERB
fbem-18143	90	24	financial	financial	ADJ
fbem-18143	90	25	performance	performance	NOUN
fbem-18143	90	26	(	(	PUNCT
fbem-18143	90	27	aguilera	aguilera	PROPN
fbem-18143	90	28	et	et	PROPN
fbem-18143	90	29	al	al	PROPN
fbem-18143	90	30	.	.	PROPN
fbem-18143	90	31	,	,	PUNCT
fbem-18143	90	32	2021	2021	NUM
fbem-18143	90	33	)	)	PUNCT
fbem-18143	90	34	.	.	PUNCT
fbem-18143	91	1	while	while	SCONJ
fbem-18143	91	2	it	it	PRON
fbem-18143	91	3	confirms	confirm	VERB
fbem-18143	91	4	the	the	DET
fbem-18143	91	5	goals	goal	NOUN
fbem-18143	91	6	of	of	ADP
fbem-18143	91	7	state	state	NOUN
fbem-18143	91	8	power	power	NOUN
fbem-18143	91	9	diverge	diverge	NOUN
fbem-18143	91	10	to	to	ADP
fbem-18143	91	11	society	society	NOUN
fbem-18143	91	12	as	as	SCONJ
fbem-18143	91	13	the	the	DET
fbem-18143	91	14	prior	prior	ADJ
fbem-18143	91	15	research	research	NOUN
fbem-18143	91	16	stated	state	VERB
fbem-18143	91	17	(	(	PUNCT
fbem-18143	91	18	lau	lau	PROPN
fbem-18143	91	19	&	&	CCONJ
fbem-18143	91	20	tong	tong	PROPN
fbem-18143	91	21	,	,	PUNCT
fbem-18143	91	22	2008	2008	NUM
fbem-18143	91	23	)	)	PUNCT
fbem-18143	91	24	,	,	PUNCT
fbem-18143	91	25	it	it	PRON
fbem-18143	91	26	is	be	AUX
fbem-18143	91	27	admitted	admit	VERB
fbem-18143	91	28	that	that	SCONJ
fbem-18143	91	29	authorities	authority	NOUN
fbem-18143	91	30	’	'	PUNCT
fbem-18143	91	31	inclination	inclination	NOUN
fbem-18143	91	32	counts	count	NOUN
fbem-18143	91	33	,	,	PUNCT
fbem-18143	91	34	when	when	SCONJ
fbem-18143	91	35	it	it	PRON
fbem-18143	91	36	comes	come	VERB
fbem-18143	91	37	to	to	ADP
fbem-18143	91	38	policy	policy	NOUN
fbem-18143	91	39	-	-	PUNCT
fbem-18143	91	40	making	making	NOUN
fbem-18143	91	41	and	and	CCONJ
fbem-18143	91	42	corresponding	correspond	VERB
fbem-18143	91	43	implementations	implementation	NOUN
fbem-18143	91	44	,	,	PUNCT
fbem-18143	91	45	such	such	ADJ
fbem-18143	91	46	as	as	ADP
fbem-18143	91	47	right	right	ADV
fbem-18143	91	48	-	-	PUNCT
fbem-18143	91	49	leaning	lean	VERB
fbem-18143	91	50	makes	make	VERB
fbem-18143	91	51	less	less	ADV
fbem-18143	91	52	restrictive	restrictive	ADJ
fbem-18143	91	53	policies	policy	NOUN
fbem-18143	91	54	than	than	ADP
fbem-18143	91	55	that	that	PRON
fbem-18143	91	56	of	of	ADP
fbem-18143	91	57	leftleaning	leftleane	VERB
fbem-18143	91	58	.	.	PUNCT
fbem-18143	92	1	however	however	ADV
fbem-18143	92	2	,	,	PUNCT
fbem-18143	92	3	criticisms	criticism	NOUN
fbem-18143	92	4	accusing	accuse	VERB
fbem-18143	92	5	politics	politic	NOUN
fbem-18143	92	6	’	'	PUNCT
fbem-18143	92	7	negativity	negativity	NOUN
fbem-18143	92	8	on	on	ADP
fbem-18143	92	9	firms	firm	NOUN
fbem-18143	92	10	’	'	PUNCT
fbem-18143	92	11	flexibility	flexibility	NOUN
fbem-18143	92	12	disagree	disagree	VERB
fbem-18143	92	13	that	that	SCONJ
fbem-18143	92	14	politics	politic	NOUN
fbem-18143	92	15	should	should	AUX
fbem-18143	92	16	interfere	interfere	VERB
fbem-18143	92	17	,	,	PUNCT
fbem-18143	92	18	explicitly	explicitly	ADV
fbem-18143	92	19	demanding	demand	VERB
fbem-18143	92	20	more	more	ADJ
fbem-18143	92	21	foreign	foreign	ADJ
fbem-18143	92	22	involvement	involvement	NOUN
fbem-18143	92	23	in	in	ADP
fbem-18143	92	24	investing	invest	VERB
fbem-18143	92	25	(	(	PUNCT
fbem-18143	92	26	xu	xu	INTJ
fbem-18143	92	27	et	et	PROPN
fbem-18143	92	28	al	al	PROPN
fbem-18143	92	29	.	.	PROPN
fbem-18143	92	30	,	,	PUNCT
fbem-18143	92	31	2005	2005	NUM
fbem-18143	92	32	)	)	PUNCT
fbem-18143	92	33	.	.	PUNCT
fbem-18143	93	1	the	the	DET
fbem-18143	93	2	modelling	modelling	NOUN
fbem-18143	93	3	was	be	AUX
fbem-18143	93	4	conducted	conduct	VERB
fbem-18143	93	5	in	in	ADP
fbem-18143	93	6	1997	1997	NUM
fbem-18143	93	7	,	,	PUNCT
fbem-18143	93	8	by	by	ADP
fbem-18143	93	9	that	that	DET
fbem-18143	93	10	time	time	NOUN
fbem-18143	93	11	,	,	PUNCT
fbem-18143	93	12	china	china	PROPN
fbem-18143	93	13	merely	merely	ADV
fbem-18143	93	14	initializes	initialize	VERB
fbem-18143	93	15	corporatization	corporatization	NOUN
fbem-18143	93	16	,	,	PUNCT
fbem-18143	93	17	which	which	PRON
fbem-18143	93	18	largely	largely	ADV
fbem-18143	93	19	differs	differ	VERB
fbem-18143	93	20	from	from	ADP
fbem-18143	93	21	the	the	DET
fbem-18143	93	22	current	current	ADJ
fbem-18143	93	23	state	state	NOUN
fbem-18143	93	24	of	of	ADP
fbem-18143	93	25	development	development	NOUN
fbem-18143	93	26	in	in	ADP
fbem-18143	93	27	terms	term	NOUN
fbem-18143	93	28	of	of	ADP
fbem-18143	93	29	corporate	corporate	ADJ
fbem-18143	93	30	governance	governance	NOUN
fbem-18143	93	31	,	,	PUNCT
fbem-18143	93	32	incentives	incentive	NOUN
fbem-18143	93	33	,	,	PUNCT
fbem-18143	93	34	and	and	CCONJ
fbem-18143	93	35	mechanisms	mechanism	NOUN
fbem-18143	93	36	of	of	ADP
fbem-18143	93	37	operations	operation	NOUN
fbem-18143	93	38	.	.	PUNCT
fbem-18143	94	1	nevertheless	nevertheless	ADV
fbem-18143	94	2	,	,	PUNCT
fbem-18143	94	3	a	a	DET
fbem-18143	94	4	much	much	ADV
fbem-18143	94	5	recent	recent	ADJ
fbem-18143	94	6	empirical	empirical	ADJ
fbem-18143	94	7	study	study	NOUN
fbem-18143	94	8	experimented	experiment	VERB
fbem-18143	94	9	by	by	ADP
fbem-18143	94	10	cao	cao	PROPN
fbem-18143	94	11	et	et	PROPN
fbem-18143	94	12	al	al	PROPN
fbem-18143	94	13	.	.	PROPN
fbem-18143	95	1	(	(	PUNCT
fbem-18143	95	2	2014	2014	NUM
fbem-18143	95	3	)	)	PUNCT
fbem-18143	95	4	analyzes	analyze	VERB
fbem-18143	95	5	that	that	SCONJ
fbem-18143	95	6	chinese	chinese	ADJ
fbem-18143	95	7	startup	startup	NOUN
fbem-18143	95	8	companies	company	NOUN
fbem-18143	95	9	perform	perform	VERB
fbem-18143	95	10	outstandingly	outstandingly	ADV
fbem-18143	95	11	in	in	ADP
fbem-18143	95	12	roa	roa	PROPN
fbem-18143	95	13	when	when	SCONJ
fbem-18143	95	14	politicsrelated	politicsrelate	VERB
fbem-18143	95	15	social	social	ADJ
fbem-18143	95	16	capital	capital	NOUN
fbem-18143	95	17	involved	involve	VERB
fbem-18143	95	18	.	.	PUNCT
fbem-18143	96	1	if	if	SCONJ
fbem-18143	96	2	both	both	DET
fbem-18143	96	3	non	non	NOUN
fbem-18143	96	4	-	-	NOUN
fbem-18143	96	5	politics	politic	NOUN
fbem-18143	96	6	outside	outside	ADP
fbem-18143	96	7	investors	investor	NOUN
fbem-18143	96	8	and	and	CCONJ
fbem-18143	96	9	politics	politic	NOUN
fbem-18143	96	10	-	-	PUNCT
fbem-18143	96	11	related	relate	VERB
fbem-18143	96	12	capital	capital	NOUN
fbem-18143	96	13	introduced	introduce	VERB
fbem-18143	96	14	,	,	PUNCT
fbem-18143	96	15	the	the	DET
fbem-18143	96	16	results	result	NOUN
fbem-18143	96	17	probably	probably	ADV
fbem-18143	96	18	discover	discover	VERB
fbem-18143	96	19	that	that	SCONJ
fbem-18143	96	20	politics	politic	NOUN
fbem-18143	96	21	-	-	PUNCT
fbem-18143	96	22	related	relate	VERB
fbem-18143	96	23	bridging	bridging	NOUN
fbem-18143	96	24	capital	capital	NOUN
fbem-18143	96	25	reacts	react	VERB
fbem-18143	96	26	remarkably	remarkably	ADV
fbem-18143	96	27	in	in	ADP
fbem-18143	96	28	accounting	accounting	NOUN
fbem-18143	96	29	(	(	PUNCT
fbem-18143	96	30	roa	roa	PROPN
fbem-18143	96	31	)	)	PUNCT
fbem-18143	96	32	and	and	CCONJ
fbem-18143	96	33	market	market	NOUN
fbem-18143	96	34	performance	performance	NOUN
fbem-18143	96	35	(	(	PUNCT
fbem-18143	96	36	stock	stock	NOUN
fbem-18143	96	37	abnormal	abnormal	ADJ
fbem-18143	96	38	return	return	NOUN
fbem-18143	96	39	)	)	PUNCT
fbem-18143	96	40	,	,	PUNCT
fbem-18143	96	41	while	while	SCONJ
fbem-18143	96	42	external	external	ADJ
fbem-18143	96	43	sponsors	sponsor	NOUN
fbem-18143	96	44	merely	merely	ADV
fbem-18143	96	45	perform	perform	VERB
fbem-18143	96	46	a	a	DET
fbem-18143	96	47	moderate	moderate	ADJ
fbem-18143	96	48	change	change	NOUN
fbem-18143	96	49	in	in	ADP
fbem-18143	96	50	accounting	accounting	NOUN
fbem-18143	96	51	,	,	PUNCT
fbem-18143	96	52	during	during	ADP
fbem-18143	96	53	corporate	corporate	ADJ
fbem-18143	96	54	post	post	ADJ
fbem-18143	96	55	-	-	ADJ
fbem-18143	96	56	ipo	ipo	ADJ
fbem-18143	96	57	period	period	NOUN
fbem-18143	96	58	.	.	PUNCT
fbem-18143	97	1	politics	politic	NOUN
fbem-18143	97	2	-	-	PUNCT
fbem-18143	97	3	related	relate	VERB
fbem-18143	97	4	capital	capital	NOUN
fbem-18143	97	5	,	,	PUNCT
fbem-18143	97	6	in	in	ADP
fbem-18143	97	7	other	other	ADJ
fbem-18143	97	8	word	word	NOUN
fbem-18143	97	9	,	,	PUNCT
fbem-18143	97	10	political	political	ADJ
fbem-18143	97	11	ownership	ownership	NOUN
fbem-18143	97	12	interacts	interact	VERB
fbem-18143	97	13	as	as	ADP
fbem-18143	97	14	such	such	DET
fbem-18143	97	15	a	a	DET
fbem-18143	97	16	vital	vital	ADJ
fbem-18143	97	17	role	role	NOUN
fbem-18143	97	18	with	with	ADP
fbem-18143	97	19	the	the	DET
fbem-18143	97	20	chinese	chinese	ADJ
fbem-18143	97	21	capital	capital	NOUN
fbem-18143	97	22	market	market	NOUN
fbem-18143	97	23	,	,	PUNCT
fbem-18143	97	24	considered	consider	VERB
fbem-18143	97	25	as	as	ADP
fbem-18143	97	26	an	an	DET
fbem-18143	97	27	unofficial	unofficial	ADJ
fbem-18143	97	28	channel	channel	NOUN
fbem-18143	97	29	to	to	PART
fbem-18143	97	30	optimize	optimize	VERB
fbem-18143	97	31	the	the	DET
fbem-18143	97	32	governance	governance	NOUN
fbem-18143	97	33	structure	structure	NOUN
fbem-18143	97	34	.	.	PUNCT
fbem-18143	98	1	the	the	DET
fbem-18143	98	2	esoteric	esoteric	ADJ
fbem-18143	98	3	practices	practice	NOUN
fbem-18143	98	4	have	have	AUX
fbem-18143	98	5	witnessed	witness	VERB
fbem-18143	98	6	the	the	DET
fbem-18143	98	7	development	development	NOUN
fbem-18143	98	8	of	of	ADP
fbem-18143	98	9	china	china	PROPN
fbem-18143	98	10	’s	’s	PART
fbem-18143	98	11	state	state	NOUN
fbem-18143	98	12	power	power	NOUN
fbem-18143	98	13	in	in	ADP
fbem-18143	98	14	firms	firm	NOUN
fbem-18143	98	15	.	.	PUNCT
fbem-18143	99	1	how	how	SCONJ
fbem-18143	99	2	it	it	PRON
fbem-18143	99	3	performs	perform	VERB
fbem-18143	99	4	,	,	PUNCT
fbem-18143	99	5	what	what	PRON
fbem-18143	99	6	are	be	AUX
fbem-18143	99	7	the	the	DET
fbem-18143	99	8	effects	effect	NOUN
fbem-18143	99	9	,	,	PUNCT
fbem-18143	99	10	why	why	SCONJ
fbem-18143	99	11	it	it	PRON
fbem-18143	99	12	happens	happen	VERB
fbem-18143	99	13	seems	seem	VERB
fbem-18143	99	14	to	to	PART
fbem-18143	99	15	be	be	AUX
fbem-18143	99	16	well	well	ADV
fbem-18143	99	17	-	-	PUNCT
fbem-18143	99	18	presented	present	VERB
fbem-18143	99	19	in	in	ADP
fbem-18143	99	20	the	the	DET
fbem-18143	99	21	exploration	exploration	NOUN
fbem-18143	99	22	of	of	ADP
fbem-18143	99	23	political	political	ADJ
fbem-18143	99	24	capital	capital	NOUN
fbem-18143	99	25	.	.	PUNCT
fbem-18143	100	1	3.4	3.4	NUM
fbem-18143	100	2	.	.	PUNCT
fbem-18143	100	3	tax	tax	NOUN
fbem-18143	100	4	benefits	benefit	NOUN
fbem-18143	100	5	there	there	PRON
fbem-18143	100	6	are	be	VERB
fbem-18143	100	7	,	,	PUNCT
fbem-18143	100	8	indeed	indeed	ADV
fbem-18143	100	9	,	,	PUNCT
fbem-18143	100	10	tax	tax	NOUN
fbem-18143	100	11	implications	implication	NOUN
fbem-18143	100	12	brought	bring	VERB
fbem-18143	100	13	by	by	ADP
fbem-18143	100	14	political	political	ADJ
fbem-18143	100	15	capital	capital	NOUN
fbem-18143	100	16	(	(	PUNCT
fbem-18143	100	17	including	include	VERB
fbem-18143	100	18	connections	connection	NOUN
fbem-18143	100	19	)	)	PUNCT
fbem-18143	100	20	.	.	PUNCT
fbem-18143	101	1	one	one	NUM
fbem-18143	101	2	avenue	avenue	NOUN
fbem-18143	101	3	is	be	AUX
fbem-18143	101	4	through	through	ADP
fbem-18143	101	5	managers	manager	NOUN
fbem-18143	101	6	with	with	ADP
fbem-18143	101	7	political	political	ADJ
fbem-18143	101	8	connections	connection	NOUN
fbem-18143	101	9	,	,	PUNCT
fbem-18143	101	10	over	over	ADP
fbem-18143	101	11	a	a	DET
fbem-18143	101	12	8	8	NUM
fbem-18143	101	13	-	-	PUNCT
fbem-18143	101	14	year	year	NOUN
fbem-18143	101	15	period	period	NOUN
fbem-18143	101	16	,	,	PUNCT
fbem-18143	101	17	privatized	privatize	VERB
fbem-18143	101	18	corporations	corporation	NOUN
fbem-18143	101	19	with	with	ADP
fbem-18143	101	20	such	such	ADJ
fbem-18143	101	21	aid	aid	NOUN
fbem-18143	101	22	tend	tend	VERB
fbem-18143	101	23	to	to	PART
fbem-18143	101	24	outperform	outperform	VERB
fbem-18143	101	25	,	,	PUNCT
fbem-18143	101	26	while	while	SCONJ
fbem-18143	101	27	reversed	reverse	VERB
fbem-18143	101	28	outcomes	outcome	NOUN
fbem-18143	101	29	are	be	AUX
fbem-18143	101	30	reported	report	VERB
fbem-18143	101	31	in	in	ADP
fbem-18143	101	32	state	state	NOUN
fbem-18143	101	33	-	-	PUNCT
fbem-18143	101	34	owned	own	VERB
fbem-18143	101	35	entities	entity	NOUN
fbem-18143	101	36	(	(	PUNCT
fbem-18143	101	37	wu	wu	PROPN
fbem-18143	101	38	et	et	PROPN
fbem-18143	101	39	al	al	PROPN
fbem-18143	101	40	.	.	PROPN
fbem-18143	101	41	,	,	PUNCT
fbem-18143	101	42	2012	2012	NUM
fbem-18143	101	43	)	)	PUNCT
fbem-18143	101	44	.	.	PUNCT
fbem-18143	102	1	this	this	PRON
fbem-18143	102	2	is	be	AUX
fbem-18143	102	3	because	because	SCONJ
fbem-18143	102	4	,	,	PUNCT
fbem-18143	102	5	tax	tax	NOUN
fbem-18143	102	6	rates	rate	NOUN
fbem-18143	102	7	of	of	ADP
fbem-18143	102	8	those	those	DET
fbem-18143	102	9	private	private	ADJ
fbem-18143	102	10	companies	company	NOUN
fbem-18143	102	11	with	with	ADP
fbem-18143	102	12	connections	connection	NOUN
fbem-18143	102	13	are	be	AUX
fbem-18143	102	14	much	much	ADV
fbem-18143	102	15	lower	low	ADJ
fbem-18143	102	16	,	,	PUNCT
fbem-18143	102	17	compared	compare	VERB
fbem-18143	102	18	to	to	ADP
fbem-18143	102	19	their	their	PRON
fbem-18143	102	20	counterparts	counterpart	NOUN
fbem-18143	102	21	without	without	ADP
fbem-18143	102	22	political	political	ADJ
fbem-18143	102	23	support	support	NOUN
fbem-18143	102	24	.	.	PUNCT
fbem-18143	103	1	naturally	naturally	ADV
fbem-18143	103	2	,	,	PUNCT
fbem-18143	103	3	private	private	ADJ
fbem-18143	103	4	owners	owner	NOUN
fbem-18143	103	5	improve	improve	VERB
fbem-18143	103	6	firms	firm	NOUN
fbem-18143	103	7	’	'	PUNCT
fbem-18143	103	8	performance	performance	NOUN
fbem-18143	103	9	by	by	ADP
fbem-18143	103	10	exploiting	exploit	VERB
fbem-18143	103	11	tax	tax	NOUN
fbem-18143	103	12	advantages	advantage	NOUN
fbem-18143	103	13	,	,	PUNCT
fbem-18143	103	14	which	which	PRON
fbem-18143	103	15	is	be	AUX
fbem-18143	103	16	the	the	DET
fbem-18143	103	17	opposition	opposition	NOUN
fbem-18143	103	18	to	to	ADP
fbem-18143	103	19	the	the	DET
fbem-18143	103	20	state	state	NOUN
fbem-18143	103	21	-	-	PUNCT
fbem-18143	103	22	owned	own	VERB
fbem-18143	103	23	enterprises	enterprise	NOUN
fbem-18143	103	24	(	(	PUNCT
fbem-18143	103	25	soes	soe	NOUN
fbem-18143	103	26	)	)	PUNCT
fbem-18143	103	27	.	.	PUNCT
fbem-18143	104	1	interpretations	interpretation	NOUN
fbem-18143	104	2	of	of	ADP
fbem-18143	104	3	the	the	DET
fbem-18143	104	4	phenomenon	phenomenon	NOUN
fbem-18143	104	5	emerged	emerge	VERB
fbem-18143	104	6	,	,	PUNCT
fbem-18143	104	7	on	on	ADP
fbem-18143	104	8	whether	whether	SCONJ
fbem-18143	104	9	those	those	DET
fbem-18143	104	10	soes	soe	NOUN
fbem-18143	104	11	’	'	PUNCT
fbem-18143	104	12	managers	manager	NOUN
fbem-18143	104	13	already	already	ADV
fbem-18143	104	14	implement	implement	VERB
fbem-18143	104	15	strategic	strategic	ADJ
fbem-18143	104	16	plans	plan	NOUN
fbem-18143	104	17	in	in	ADP
fbem-18143	104	18	an	an	DET
fbem-18143	104	19	advantageous	advantageous	ADJ
fbem-18143	104	20	position	position	NOUN
fbem-18143	104	21	,	,	PUNCT
fbem-18143	104	22	or	or	CCONJ
fbem-18143	104	23	on	on	ADP
fbem-18143	104	24	actions	action	NOUN
fbem-18143	104	25	to	to	PART
fbem-18143	104	26	meet	meet	VERB
fbem-18143	104	27	the	the	DET
fbem-18143	104	28	government	government	NOUN
fbem-18143	104	29	’s	’s	PART
fbem-18143	104	30	requirements	requirement	NOUN
fbem-18143	104	31	should	should	AUX
fbem-18143	104	32	be	be	AUX
fbem-18143	104	33	reordered	reorder	VERB
fbem-18143	104	34	according	accord	VERB
fbem-18143	104	35	to	to	ADP
fbem-18143	104	36	the	the	DET
fbem-18143	104	37	classifications	classification	NOUN
fbem-18143	104	38	of	of	ADP
fbem-18143	104	39	priorities	priority	NOUN
fbem-18143	104	40	.	.	PUNCT
fbem-18143	105	1	one	one	NUM
fbem-18143	105	2	convincible	convincible	ADJ
fbem-18143	105	3	view	view	NOUN
fbem-18143	105	4	hypothesized	hypothesize	VERB
fbem-18143	105	5	by	by	ADP
fbem-18143	105	6	wu	wu	PROPN
fbem-18143	105	7	et	et	PROPN
fbem-18143	105	8	al	al	PROPN
fbem-18143	105	9	.	.	PROPN
fbem-18143	106	1	(	(	PUNCT
fbem-18143	106	2	2012	2012	NUM
fbem-18143	106	3	)	)	PUNCT
fbem-18143	106	4	affirms	affirm	VERB
fbem-18143	106	5	that	that	SCONJ
fbem-18143	106	6	social	social	ADJ
fbem-18143	106	7	aims	aim	NOUN
fbem-18143	106	8	are	be	AUX
fbem-18143	106	9	the	the	DET
fbem-18143	106	10	foremost	foremost	ADJ
fbem-18143	106	11	priority	priority	NOUN
fbem-18143	106	12	,	,	PUNCT
fbem-18143	106	13	namely	namely	ADV
fbem-18143	106	14	boosting	boost	VERB
fbem-18143	106	15	growth	growth	NOUN
fbem-18143	106	16	of	of	ADP
fbem-18143	106	17	gdp	gdp	NOUN
fbem-18143	106	18	and	and	CCONJ
fbem-18143	106	19	rising	rise	VERB
fbem-18143	106	20	employment	employment	NOUN
fbem-18143	106	21	rate	rate	NOUN
fbem-18143	106	22	.	.	PUNCT
fbem-18143	107	1	furthermore	furthermore	ADV
fbem-18143	107	2	,	,	PUNCT
fbem-18143	107	3	by	by	ADP
fbem-18143	107	4	applying	apply	VERB
fbem-18143	107	5	tax	tax	NOUN
fbem-18143	107	6	subsidies	subsidy	NOUN
fbem-18143	107	7	along	along	ADP
fbem-18143	107	8	with	with	ADP
fbem-18143	107	9	approving	approve	VERB
fbem-18143	107	10	firms	firm	NOUN
fbem-18143	107	11	’	'	PUNCT
fbem-18143	107	12	plans	plan	NOUN
fbem-18143	107	13	,	,	PUNCT
fbem-18143	107	14	sheng	sheng	PROPN
fbem-18143	107	15	et	et	PROPN
fbem-18143	107	16	al	al	PROPN
fbem-18143	107	17	.	.	PROPN
fbem-18143	108	1	(	(	PUNCT
fbem-18143	108	2	2011	2011	NUM
fbem-18143	108	3	)	)	PUNCT
fbem-18143	108	4	argue	argue	VERB
fbem-18143	108	5	that	that	SCONJ
fbem-18143	108	6	this	this	PRON
fbem-18143	108	7	brings	bring	VERB
fbem-18143	108	8	technological	technological	ADJ
fbem-18143	108	9	advancements	advancement	NOUN
fbem-18143	108	10	,	,	PUNCT
fbem-18143	108	11	along	along	ADP
fbem-18143	108	12	with	with	ADP
fbem-18143	108	13	relative	relative	ADJ
fbem-18143	108	14	or	or	CCONJ
fbem-18143	108	15	absolute	absolute	ADJ
fbem-18143	108	16	tax	tax	NOUN
fbem-18143	108	17	-	-	PUNCT
fbem-18143	108	18	deduction	deduction	NOUN
fbem-18143	108	19	makes	make	VERB
fbem-18143	108	20	great	great	ADJ
fbem-18143	108	21	contribution	contribution	NOUN
fbem-18143	108	22	to	to	ADP
fbem-18143	108	23	how	how	SCONJ
fbem-18143	108	24	a	a	DET
fbem-18143	108	25	firm	firm	ADJ
fbem-18143	108	26	outperforms	outperform	NOUN
fbem-18143	108	27	.	.	PUNCT
fbem-18143	109	1	3.5	3.5	NUM
fbem-18143	109	2	.	.	PUNCT
fbem-18143	109	3	summary	summary	NOUN
fbem-18143	109	4	to	to	PART
fbem-18143	109	5	conclude	conclude	VERB
fbem-18143	109	6	,	,	PUNCT
fbem-18143	109	7	this	this	DET
fbem-18143	109	8	chapter	chapter	NOUN
fbem-18143	109	9	aims	aim	VERB
fbem-18143	109	10	to	to	PART
fbem-18143	109	11	justify	justify	VERB
fbem-18143	109	12	the	the	DET
fbem-18143	109	13	various	various	ADJ
fbem-18143	109	14	sources	source	NOUN
fbem-18143	109	15	of	of	ADP
fbem-18143	109	16	political	political	ADJ
fbem-18143	109	17	capital	capital	NOUN
fbem-18143	109	18	,	,	PUNCT
fbem-18143	109	19	as	as	ADV
fbem-18143	109	20	well	well	ADV
fbem-18143	109	21	as	as	ADP
fbem-18143	109	22	analyzing	analyze	VERB
fbem-18143	109	23	entities	entity	NOUN
fbem-18143	109	24	that	that	PRON
fbem-18143	109	25	interact	interact	VERB
fbem-18143	109	26	with	with	ADP
fbem-18143	109	27	political	political	ADJ
fbem-18143	109	28	capital	capital	NOUN
fbem-18143	109	29	,	,	PUNCT
fbem-18143	109	30	with	with	ADP
fbem-18143	109	31	a	a	DET
fbem-18143	109	32	joint	joint	ADJ
fbem-18143	109	33	effort	effort	NOUN
fbem-18143	109	34	of	of	ADP
fbem-18143	109	35	supportive	supportive	ADJ
fbem-18143	109	36	merits	merit	NOUN
fbem-18143	109	37	and	and	CCONJ
fbem-18143	109	38	demerits	demerit	NOUN
fbem-18143	109	39	.	.	PUNCT
fbem-18143	110	1	firstly	firstly	ADV
fbem-18143	110	2	,	,	PUNCT
fbem-18143	110	3	political	political	ADJ
fbem-18143	110	4	connections	connection	NOUN
fbem-18143	110	5	are	be	AUX
fbem-18143	110	6	regarded	regard	VERB
fbem-18143	110	7	as	as	ADP
fbem-18143	110	8	corporate	corporate	ADJ
fbem-18143	110	9	assets	asset	NOUN
fbem-18143	110	10	catalyzing	catalyze	VERB
fbem-18143	110	11	the	the	DET
fbem-18143	110	12	progression	progression	NOUN
fbem-18143	110	13	of	of	ADP
fbem-18143	110	14	ipo	ipo	PROPN
fbem-18143	110	15	approval	approval	NOUN
fbem-18143	110	16	,	,	PUNCT
fbem-18143	110	17	13	13	NUM
fbem-18143	110	18	technological	technological	ADJ
fbem-18143	110	19	innovation	innovation	NOUN
fbem-18143	110	20	,	,	PUNCT
fbem-18143	110	21	and	and	CCONJ
fbem-18143	110	22	striving	strive	VERB
fbem-18143	110	23	for	for	ADP
fbem-18143	110	24	other	other	ADJ
fbem-18143	110	25	forms	form	NOUN
fbem-18143	110	26	of	of	ADP
fbem-18143	110	27	state	state	NOUN
fbem-18143	110	28	support	support	NOUN
fbem-18143	110	29	.	.	PUNCT
fbem-18143	111	1	their	their	PRON
fbem-18143	111	2	importance	importance	NOUN
fbem-18143	111	3	is	be	AUX
fbem-18143	111	4	enhanced	enhance	VERB
fbem-18143	111	5	in	in	ADP
fbem-18143	111	6	supplementing	supplement	VERB
fbem-18143	111	7	functions	function	NOUN
fbem-18143	111	8	where	where	SCONJ
fbem-18143	111	9	absent	absent	ADJ
fbem-18143	111	10	formal	formal	ADJ
fbem-18143	111	11	governance	governance	NOUN
fbem-18143	111	12	fails	fail	VERB
fbem-18143	111	13	to	to	PART
fbem-18143	111	14	fulfill	fulfill	VERB
fbem-18143	111	15	the	the	DET
fbem-18143	111	16	demands	demand	NOUN
fbem-18143	111	17	.	.	PUNCT
fbem-18143	112	1	what	what	PRON
fbem-18143	112	2	is	be	AUX
fbem-18143	112	3	surprising	surprising	ADJ
fbem-18143	112	4	is	be	AUX
fbem-18143	112	5	that	that	SCONJ
fbem-18143	112	6	the	the	DET
fbem-18143	112	7	inconsistency	inconsistency	NOUN
fbem-18143	112	8	of	of	ADP
fbem-18143	112	9	regional	regional	ADJ
fbem-18143	112	10	differences	difference	NOUN
fbem-18143	112	11	,	,	PUNCT
fbem-18143	112	12	the	the	DET
fbem-18143	112	13	doubts	doubt	NOUN
fbem-18143	112	14	about	about	ADP
fbem-18143	112	15	the	the	DET
fbem-18143	112	16	quality	quality	NOUN
fbem-18143	112	17	of	of	ADP
fbem-18143	112	18	financing	financing	NOUN
fbem-18143	112	19	,	,	PUNCT
fbem-18143	112	20	and	and	CCONJ
fbem-18143	112	21	the	the	DET
fbem-18143	112	22	instability	instability	NOUN
fbem-18143	112	23	of	of	ADP
fbem-18143	112	24	long	long	ADJ
fbem-18143	112	25	-	-	PUNCT
fbem-18143	112	26	term	term	NOUN
fbem-18143	112	27	return	return	NOUN
fbem-18143	112	28	have	have	AUX
fbem-18143	112	29	been	be	AUX
fbem-18143	112	30	drawn	draw	VERB
fbem-18143	112	31	,	,	PUNCT
fbem-18143	112	32	all	all	PRON
fbem-18143	112	33	of	of	ADP
fbem-18143	112	34	which	which	PRON
fbem-18143	112	35	,	,	PUNCT
fbem-18143	112	36	raised	raise	VERB
fbem-18143	112	37	by	by	ADP
fbem-18143	112	38	the	the	DET
fbem-18143	112	39	fears	fear	NOUN
fbem-18143	112	40	of	of	ADP
fbem-18143	112	41	political	political	ADJ
fbem-18143	112	42	misjudgments	misjudgment	NOUN
fbem-18143	112	43	.	.	PUNCT
fbem-18143	113	1	overall	overall	ADJ
fbem-18143	113	2	,	,	PUNCT
fbem-18143	113	3	with	with	SCONJ
fbem-18143	113	4	concerns	concern	NOUN
fbem-18143	113	5	to	to	PART
fbem-18143	113	6	be	be	AUX
fbem-18143	113	7	carefully	carefully	ADV
fbem-18143	113	8	dealt	deal	VERB
fbem-18143	113	9	with	with	ADP
fbem-18143	113	10	,	,	PUNCT
fbem-18143	113	11	in	in	ADP
fbem-18143	113	12	particular	particular	ADJ
fbem-18143	113	13	,	,	PUNCT
fbem-18143	113	14	chinese	chinese	ADJ
fbem-18143	113	15	entrepreneurial	entrepreneurial	ADJ
fbem-18143	113	16	enterprises	enterprise	NOUN
fbem-18143	113	17	are	be	AUX
fbem-18143	113	18	found	find	VERB
fbem-18143	113	19	to	to	PART
fbem-18143	113	20	be	be	AUX
fbem-18143	113	21	pro	pro	ADJ
fbem-18143	113	22	-	-	ADJ
fbem-18143	113	23	active	active	ADJ
fbem-18143	113	24	in	in	ADP
fbem-18143	113	25	establishing	establish	VERB
fbem-18143	113	26	political	political	ADJ
fbem-18143	113	27	connections	connection	NOUN
fbem-18143	113	28	,	,	PUNCT
fbem-18143	113	29	as	as	SCONJ
fbem-18143	113	30	empirical	empirical	ADJ
fbem-18143	113	31	demonstrations	demonstration	NOUN
fbem-18143	113	32	of	of	ADP
fbem-18143	113	33	explicit	explicit	ADJ
fbem-18143	113	34	benefits	benefit	NOUN
fbem-18143	113	35	are	be	AUX
fbem-18143	113	36	plentiful	plentiful	ADJ
fbem-18143	113	37	.	.	PUNCT
fbem-18143	114	1	secondly	secondly	ADV
fbem-18143	114	2	,	,	PUNCT
fbem-18143	114	3	political	political	ADJ
fbem-18143	114	4	ownership	ownership	NOUN
fbem-18143	114	5	interacts	interact	VERB
fbem-18143	114	6	pivotally	pivotally	ADV
fbem-18143	114	7	with	with	ADP
fbem-18143	114	8	the	the	DET
fbem-18143	114	9	chinese	chinese	ADJ
fbem-18143	114	10	capital	capital	NOUN
fbem-18143	114	11	market	market	NOUN
fbem-18143	114	12	,	,	PUNCT
fbem-18143	114	13	seen	see	VERB
fbem-18143	114	14	as	as	ADP
fbem-18143	114	15	an	an	DET
fbem-18143	114	16	informal	informal	ADJ
fbem-18143	114	17	channel	channel	NOUN
fbem-18143	114	18	to	to	PART
fbem-18143	114	19	optimize	optimize	VERB
fbem-18143	114	20	the	the	DET
fbem-18143	114	21	governance	governance	NOUN
fbem-18143	114	22	structure	structure	NOUN
fbem-18143	114	23	.	.	PUNCT
fbem-18143	115	1	right	right	ADV
fbem-18143	115	2	-	-	PUNCT
fbem-18143	115	3	leaning	lean	VERB
fbem-18143	115	4	is	be	AUX
fbem-18143	115	5	found	find	VERB
fbem-18143	115	6	to	to	PART
fbem-18143	115	7	make	make	VERB
fbem-18143	115	8	less	less	ADV
fbem-18143	115	9	restrictive	restrictive	ADJ
fbem-18143	115	10	policies	policy	NOUN
fbem-18143	115	11	than	than	ADP
fbem-18143	115	12	left	left	ADJ
fbem-18143	115	13	-	-	PUNCT
fbem-18143	115	14	leaning	lean	VERB
fbem-18143	115	15	;	;	PUNCT
fbem-18143	115	16	similar	similar	ADJ
fbem-18143	115	17	to	to	ADP
fbem-18143	115	18	the	the	DET
fbem-18143	115	19	malaysian	malaysian	PROPN
fbem-18143	115	20	glcs	glcs	NOUN
fbem-18143	115	21	,	,	PUNCT
fbem-18143	115	22	the	the	DET
fbem-18143	115	23	goals	goal	NOUN
fbem-18143	115	24	of	of	ADP
fbem-18143	115	25	state	state	NOUN
fbem-18143	115	26	power	power	NOUN
fbem-18143	115	27	diverge	diverge	NOUN
fbem-18143	115	28	to	to	ADP
fbem-18143	115	29	society	society	NOUN
fbem-18143	115	30	;	;	PUNCT
fbem-18143	115	31	politics	politic	NOUN
fbem-18143	115	32	-	-	PUNCT
fbem-18143	115	33	related	relate	VERB
fbem-18143	115	34	capital	capital	NOUN
fbem-18143	115	35	reacts	react	VERB
fbem-18143	115	36	remarkably	remarkably	ADV
fbem-18143	115	37	in	in	ADP
fbem-18143	115	38	post	post	ADJ
fbem-18143	115	39	-	-	ADJ
fbem-18143	115	40	ipo	ipo	ADJ
fbem-18143	115	41	accounting	accounting	NOUN
fbem-18143	115	42	and	and	CCONJ
fbem-18143	115	43	market	market	NOUN
fbem-18143	115	44	performance	performance	NOUN
fbem-18143	115	45	,	,	PUNCT
fbem-18143	115	46	while	while	SCONJ
fbem-18143	115	47	external	external	ADJ
fbem-18143	115	48	sponsors	sponsor	NOUN
fbem-18143	115	49	merely	merely	ADV
fbem-18143	115	50	perform	perform	VERB
fbem-18143	115	51	a	a	DET
fbem-18143	115	52	modest	modest	ADJ
fbem-18143	115	53	change	change	NOUN
fbem-18143	115	54	in	in	ADP
fbem-18143	115	55	the	the	DET
fbem-18143	115	56	aspect	aspect	NOUN
fbem-18143	115	57	of	of	ADP
fbem-18143	115	58	accounting	accounting	NOUN
fbem-18143	115	59	.	.	PUNCT
fbem-18143	116	1	although	although	SCONJ
fbem-18143	116	2	there	there	PRON
fbem-18143	116	3	has	have	AUX
fbem-18143	116	4	been	be	AUX
fbem-18143	116	5	research	research	NOUN
fbem-18143	116	6	accusing	accuse	VERB
fbem-18143	116	7	the	the	DET
fbem-18143	116	8	damage	damage	NOUN
fbem-18143	116	9	that	that	PRON
fbem-18143	116	10	politics	politic	NOUN
fbem-18143	116	11	might	might	AUX
fbem-18143	116	12	cause	cause	VERB
fbem-18143	116	13	to	to	ADP
fbem-18143	116	14	the	the	DET
fbem-18143	116	15	flexibility	flexibility	NOUN
fbem-18143	116	16	of	of	ADP
fbem-18143	116	17	companies	company	NOUN
fbem-18143	116	18	,	,	PUNCT
fbem-18143	116	19	and	and	CCONJ
fbem-18143	116	20	global	global	ADJ
fbem-18143	116	21	investment	investment	NOUN
fbem-18143	116	22	should	should	AUX
fbem-18143	116	23	be	be	AUX
fbem-18143	116	24	introduced	introduce	VERB
fbem-18143	116	25	,	,	PUNCT
fbem-18143	116	26	the	the	DET
fbem-18143	116	27	out	out	ADV
fbem-18143	116	28	-	-	PUNCT
fbem-18143	116	29	of	of	ADP
fbem-18143	116	30	-	-	PUNCT
fbem-18143	116	31	date	date	NOUN
fbem-18143	116	32	presentation	presentation	NOUN
fbem-18143	116	33	considers	consider	VERB
fbem-18143	116	34	no	no	DET
fbem-18143	116	35	profound	profound	ADJ
fbem-18143	116	36	changes	change	NOUN
fbem-18143	116	37	on	on	ADP
fbem-18143	116	38	a	a	DET
fbem-18143	116	39	time	time	NOUN
fbem-18143	116	40	-	-	PUNCT
fbem-18143	116	41	series	series	NOUN
fbem-18143	116	42	basis	basis	NOUN
fbem-18143	116	43	,	,	PUNCT
fbem-18143	116	44	and	and	CCONJ
fbem-18143	116	45	thus	thus	ADV
fbem-18143	116	46	it	it	PRON
fbem-18143	116	47	is	be	AUX
fbem-18143	116	48	strongly	strongly	ADV
fbem-18143	116	49	incompatible	incompatible	ADJ
fbem-18143	116	50	with	with	ADP
fbem-18143	116	51	the	the	DET
fbem-18143	116	52	current	current	ADJ
fbem-18143	116	53	stage	stage	NOUN
fbem-18143	116	54	of	of	ADP
fbem-18143	116	55	development	development	NOUN
fbem-18143	116	56	in	in	ADP
fbem-18143	116	57	china	china	PROPN
fbem-18143	116	58	.	.	PUNCT
fbem-18143	117	1	finally	finally	ADV
fbem-18143	117	2	,	,	PUNCT
fbem-18143	117	3	taxation	taxation	NOUN
fbem-18143	117	4	brings	bring	VERB
fbem-18143	117	5	benefits	benefit	NOUN
fbem-18143	117	6	to	to	PART
fbem-18143	117	7	privatized	privatize	VERB
fbem-18143	117	8	corporations	corporation	NOUN
fbem-18143	117	9	with	with	ADP
fbem-18143	117	10	political	political	ADJ
fbem-18143	117	11	capital	capital	NOUN
fbem-18143	117	12	.	.	PUNCT
fbem-18143	118	1	with	with	ADP
fbem-18143	118	2	such	such	ADJ
fbem-18143	118	3	preferential	preferential	ADJ
fbem-18143	118	4	treatment	treatment	NOUN
fbem-18143	118	5	,	,	PUNCT
fbem-18143	118	6	private	private	ADJ
fbem-18143	118	7	firms	firm	NOUN
fbem-18143	118	8	outperform	outperform	VERB
fbem-18143	118	9	,	,	PUNCT
fbem-18143	118	10	while	while	SCONJ
fbem-18143	118	11	contrast	contrast	NOUN
fbem-18143	118	12	outcomes	outcome	NOUN
fbem-18143	118	13	are	be	AUX
fbem-18143	118	14	found	find	VERB
fbem-18143	118	15	in	in	ADP
fbem-18143	118	16	state	state	NOUN
fbem-18143	118	17	-	-	PUNCT
fbem-18143	118	18	owned	own	VERB
fbem-18143	118	19	firms	firm	NOUN
fbem-18143	118	20	.	.	PUNCT
fbem-18143	119	1	some	some	PRON
fbem-18143	119	2	suggest	suggest	VERB
fbem-18143	119	3	that	that	SCONJ
fbem-18143	119	4	it	it	PRON
fbem-18143	119	5	is	be	AUX
fbem-18143	119	6	the	the	DET
fbem-18143	119	7	real	real	ADJ
fbem-18143	119	8	tax	tax	NOUN
fbem-18143	119	9	rate	rate	NOUN
fbem-18143	119	10	,	,	PUNCT
fbem-18143	119	11	others	other	NOUN
fbem-18143	119	12	allege	allege	VERB
fbem-18143	119	13	that	that	SCONJ
fbem-18143	119	14	tax	tax	NOUN
fbem-18143	119	15	subsidies	subsidy	NOUN
fbem-18143	119	16	promote	promote	VERB
fbem-18143	119	17	private	private	ADJ
fbem-18143	119	18	industries	industry	NOUN
fbem-18143	119	19	with	with	ADP
fbem-18143	119	20	such	such	ADJ
fbem-18143	119	21	connections	connection	NOUN
fbem-18143	119	22	to	to	PART
fbem-18143	119	23	grow	grow	VERB
fbem-18143	119	24	.	.	PUNCT
fbem-18143	120	1	concerning	concern	VERB
fbem-18143	120	2	state	state	NOUN
fbem-18143	120	3	-	-	PUNCT
fbem-18143	120	4	owned	own	VERB
fbem-18143	120	5	enterprises	enterprise	NOUN
fbem-18143	120	6	,	,	PUNCT
fbem-18143	120	7	identical	identical	ADJ
fbem-18143	120	8	to	to	ADP
fbem-18143	120	9	the	the	DET
fbem-18143	120	10	malaysian	malaysian	PROPN
fbem-18143	120	11	glcs	glcs	NOUN
fbem-18143	120	12	,	,	PUNCT
fbem-18143	120	13	reordering	reorder	VERB
fbem-18143	120	14	priorities	priority	NOUN
fbem-18143	120	15	makes	make	VERB
fbem-18143	120	16	these	these	DET
fbem-18143	120	17	state	state	NOUN
fbem-18143	120	18	enterprises	enterprise	NOUN
fbem-18143	120	19	draft	draft	VERB
fbem-18143	120	20	long	long	ADV
fbem-18143	120	21	-	-	PUNCT
fbem-18143	120	22	run	run	NOUN
fbem-18143	120	23	plans	plan	NOUN
fbem-18143	120	24	,	,	PUNCT
fbem-18143	120	25	such	such	ADJ
fbem-18143	120	26	as	as	ADP
fbem-18143	120	27	hiring	hire	VERB
fbem-18143	120	28	excessive	excessive	ADJ
fbem-18143	120	29	staff	staff	NOUN
fbem-18143	120	30	to	to	PART
fbem-18143	120	31	resolve	resolve	VERB
fbem-18143	120	32	unemployment	unemployment	NOUN
fbem-18143	120	33	,	,	PUNCT
fbem-18143	120	34	instead	instead	ADV
fbem-18143	120	35	of	of	ADP
fbem-18143	120	36	merely	merely	ADV
fbem-18143	120	37	focusing	focus	VERB
fbem-18143	120	38	on	on	ADP
fbem-18143	120	39	maximization	maximization	NOUN
fbem-18143	120	40	of	of	ADP
fbem-18143	120	41	shareholders	shareholder	NOUN
fbem-18143	120	42	’	'	PUNCT
fbem-18143	120	43	value	value	NOUN
fbem-18143	120	44	.	.	PUNCT
fbem-18143	121	1	4	4	X
fbem-18143	121	2	.	.	X
fbem-18143	121	3	macroenvironment	macroenvironment	ADJ
fbem-18143	121	4	:	:	PUNCT
fbem-18143	121	5	stability	stability	NOUN
fbem-18143	121	6	4.1	4.1	NUM
fbem-18143	121	7	.	.	PUNCT
fbem-18143	122	1	overview	overview	NOUN
fbem-18143	122	2	in	in	ADP
fbem-18143	122	3	addition	addition	NOUN
fbem-18143	122	4	to	to	ADP
fbem-18143	122	5	developing	develop	VERB
fbem-18143	122	6	countries	country	NOUN
fbem-18143	122	7	such	such	ADJ
fbem-18143	122	8	as	as	ADP
fbem-18143	122	9	china	china	PROPN
fbem-18143	122	10	and	and	CCONJ
fbem-18143	122	11	malaysia	malaysia	PROPN
fbem-18143	122	12	,	,	PUNCT
fbem-18143	122	13	no	no	DET
fbem-18143	122	14	absence	absence	NOUN
fbem-18143	122	15	to	to	ADP
fbem-18143	122	16	special	special	ADJ
fbem-18143	122	17	considerations	consideration	NOUN
fbem-18143	122	18	in	in	ADP
fbem-18143	122	19	other	other	ADJ
fbem-18143	122	20	dynamic	dynamic	ADJ
fbem-18143	122	21	entities	entity	NOUN
fbem-18143	122	22	.	.	PUNCT
fbem-18143	123	1	nigeria	nigeria	PROPN
fbem-18143	123	2	,	,	PUNCT
fbem-18143	123	3	a	a	DET
fbem-18143	123	4	country	country	NOUN
fbem-18143	123	5	that	that	PRON
fbem-18143	123	6	harnesses	harness	VERB
fbem-18143	123	7	abundant	abundant	ADJ
fbem-18143	123	8	resources	resource	NOUN
fbem-18143	123	9	,	,	PUNCT
fbem-18143	123	10	has	have	VERB
fbem-18143	123	11	tremendous	tremendous	ADJ
fbem-18143	123	12	potentials	potential	NOUN
fbem-18143	123	13	in	in	ADP
fbem-18143	123	14	terms	term	NOUN
fbem-18143	123	15	of	of	ADP
fbem-18143	123	16	economic	economic	ADJ
fbem-18143	123	17	growth	growth	NOUN
fbem-18143	123	18	.	.	PUNCT
fbem-18143	124	1	it	it	PRON
fbem-18143	124	2	is	be	AUX
fbem-18143	124	3	exploring	explore	VERB
fbem-18143	124	4	a	a	DET
fbem-18143	124	5	tortuous	tortuous	ADJ
fbem-18143	124	6	path	path	NOUN
fbem-18143	124	7	of	of	ADP
fbem-18143	124	8	development	development	NOUN
fbem-18143	124	9	in	in	ADP
fbem-18143	124	10	an	an	DET
fbem-18143	124	11	attempt	attempt	NOUN
fbem-18143	124	12	to	to	PART
fbem-18143	124	13	step	step	VERB
fbem-18143	124	14	out	out	ADP
fbem-18143	124	15	of	of	ADP
fbem-18143	124	16	the	the	DET
fbem-18143	124	17	predicament	predicament	NOUN
fbem-18143	124	18	that	that	PRON
fbem-18143	124	19	plagues	plague	VERB
fbem-18143	124	20	its	its	PRON
fbem-18143	124	21	dream	dream	NOUN
fbem-18143	124	22	of	of	ADP
fbem-18143	124	23	becoming	become	VERB
fbem-18143	124	24	stronger	strong	ADJ
fbem-18143	124	25	.	.	PUNCT
fbem-18143	125	1	however	however	ADV
fbem-18143	125	2	,	,	PUNCT
fbem-18143	125	3	the	the	DET
fbem-18143	125	4	country	country	NOUN
fbem-18143	125	5	is	be	AUX
fbem-18143	125	6	facing	face	VERB
fbem-18143	125	7	a	a	DET
fbem-18143	125	8	wide	wide	ADJ
fbem-18143	125	9	variety	variety	NOUN
fbem-18143	125	10	of	of	ADP
fbem-18143	125	11	challenges	challenge	NOUN
fbem-18143	125	12	.	.	PUNCT
fbem-18143	126	1	several	several	ADJ
fbem-18143	126	2	indicators	indicator	NOUN
fbem-18143	126	3	of	of	ADP
fbem-18143	126	4	poverty	poverty	NOUN
fbem-18143	126	5	show	show	VERB
fbem-18143	126	6	that	that	SCONJ
fbem-18143	126	7	nigeria	nigeria	PROPN
fbem-18143	126	8	is	be	AUX
fbem-18143	126	9	in	in	ADP
fbem-18143	126	10	the	the	DET
fbem-18143	126	11	throes	throe	NOUN
fbem-18143	126	12	of	of	ADP
fbem-18143	126	13	development	development	NOUN
fbem-18143	126	14	,	,	PUNCT
fbem-18143	126	15	with	with	ADP
fbem-18143	126	16	frequent	frequent	ADJ
fbem-18143	126	17	political	political	ADJ
fbem-18143	126	18	activity	activity	NOUN
fbem-18143	126	19	making	make	VERB
fbem-18143	126	20	the	the	DET
fbem-18143	126	21	future	future	NOUN
fbem-18143	126	22	more	more	ADV
fbem-18143	126	23	uncertain	uncertain	ADJ
fbem-18143	126	24	,	,	PUNCT
fbem-18143	126	25	and	and	CCONJ
fbem-18143	126	26	nationwide	nationwide	ADJ
fbem-18143	126	27	strikes	strike	NOUN
fbem-18143	126	28	destabilizing	destabilize	VERB
fbem-18143	126	29	the	the	DET
fbem-18143	126	30	local	local	ADJ
fbem-18143	126	31	society	society	NOUN
fbem-18143	126	32	.	.	PUNCT
fbem-18143	127	1	which	which	PRON
fbem-18143	127	2	decisive	decisive	ADJ
fbem-18143	127	3	factors	factor	NOUN
fbem-18143	127	4	makes	make	VERB
fbem-18143	127	5	a	a	DET
fbem-18143	127	6	company	company	NOUN
fbem-18143	127	7	in	in	ADP
fbem-18143	127	8	nigeria	nigeria	PROPN
fbem-18143	127	9	have	have	VERB
fbem-18143	127	10	better	well	ADJ
fbem-18143	127	11	performance	performance	NOUN
fbem-18143	127	12	?	?	PUNCT
fbem-18143	128	1	what	what	PRON
fbem-18143	128	2	are	be	AUX
fbem-18143	128	3	the	the	DET
fbem-18143	128	4	reasons	reason	NOUN
fbem-18143	128	5	?	?	PUNCT
fbem-18143	129	1	does	do	AUX
fbem-18143	129	2	the	the	DET
fbem-18143	129	3	regularity	regularity	NOUN
fbem-18143	129	4	of	of	ADP
fbem-18143	129	5	economic	economic	ADJ
fbem-18143	129	6	development	development	NOUN
fbem-18143	129	7	apply	apply	VERB
fbem-18143	129	8	such	such	ADJ
fbem-18143	129	9	circumstance	circumstance	NOUN
fbem-18143	129	10	?	?	PUNCT
fbem-18143	130	1	these	these	DET
fbem-18143	130	2	questions	question	NOUN
fbem-18143	130	3	lead	lead	VERB
fbem-18143	130	4	us	we	PRON
fbem-18143	130	5	to	to	PART
fbem-18143	130	6	continue	continue	VERB
fbem-18143	130	7	to	to	PART
fbem-18143	130	8	seek	seek	VERB
fbem-18143	130	9	more	more	ADJ
fbem-18143	130	10	insights	insight	NOUN
fbem-18143	130	11	.	.	PUNCT
fbem-18143	131	1	4.2	4.2	NUM
fbem-18143	131	2	.	.	PUNCT
fbem-18143	132	1	predicament	predicament	NOUN
fbem-18143	132	2	in	in	ADP
fbem-18143	132	3	nigeria	nigeria	PROPN
fbem-18143	132	4	mark	mark	PROPN
fbem-18143	132	5	et	et	PROPN
fbem-18143	132	6	al	al	PROPN
fbem-18143	132	7	.	.	PROPN
fbem-18143	133	1	(	(	PUNCT
fbem-18143	133	2	2015	2015	NUM
fbem-18143	133	3	)	)	PUNCT
fbem-18143	133	4	suggest	suggest	VERB
fbem-18143	133	5	that	that	SCONJ
fbem-18143	133	6	macro	macro	ADJ
fbem-18143	133	7	factors	factor	NOUN
fbem-18143	133	8	are	be	AUX
fbem-18143	133	9	infrastructures	infrastructure	NOUN
fbem-18143	133	10	,	,	PUNCT
fbem-18143	133	11	such	such	ADJ
fbem-18143	133	12	as	as	ADP
fbem-18143	133	13	one	one	NUM
fbem-18143	133	14	country	country	NOUN
fbem-18143	133	15	’s	’s	PART
fbem-18143	133	16	political	political	ADJ
fbem-18143	133	17	environment	environment	NOUN
fbem-18143	133	18	.	.	PUNCT
fbem-18143	134	1	their	their	PRON
fbem-18143	134	2	convincible	convincible	ADJ
fbem-18143	134	3	evidence	evidence	NOUN
fbem-18143	134	4	applies	apply	VERB
fbem-18143	134	5	political	political	ADJ
fbem-18143	134	6	harmoniousness	harmoniousness	NOUN
fbem-18143	134	7	and	and	CCONJ
fbem-18143	134	8	criminal	criminal	ADJ
fbem-18143	134	9	activities	activity	NOUN
fbem-18143	134	10	as	as	ADP
fbem-18143	134	11	variables	variable	NOUN
fbem-18143	134	12	,	,	PUNCT
fbem-18143	134	13	as	as	ADV
fbem-18143	134	14	well	well	ADV
fbem-18143	134	15	as	as	ADP
fbem-18143	134	16	profitability	profitability	NOUN
fbem-18143	134	17	as	as	ADP
fbem-18143	134	18	the	the	DET
fbem-18143	134	19	indicator	indicator	NOUN
fbem-18143	134	20	to	to	PART
fbem-18143	134	21	measure	measure	VERB
fbem-18143	134	22	whether	whether	SCONJ
fbem-18143	134	23	firms	firm	NOUN
fbem-18143	134	24	underperform	underperform	VERB
fbem-18143	134	25	or	or	CCONJ
fbem-18143	134	26	the	the	DET
fbem-18143	134	27	other	other	ADJ
fbem-18143	134	28	in	in	ADP
fbem-18143	134	29	nigeria	nigeria	PROPN
fbem-18143	134	30	.	.	PUNCT
fbem-18143	135	1	unfortunately	unfortunately	ADV
fbem-18143	135	2	,	,	PUNCT
fbem-18143	135	3	with	with	ADP
fbem-18143	135	4	an	an	DET
fbem-18143	135	5	empirical	empirical	ADJ
fbem-18143	135	6	experiment	experiment	NOUN
fbem-18143	135	7	using	use	VERB
fbem-18143	135	8	a	a	DET
fbem-18143	135	9	sample	sample	NOUN
fbem-18143	135	10	of	of	ADP
fbem-18143	135	11	27	27	NUM
fbem-18143	135	12	firms	firm	NOUN
fbem-18143	135	13	,	,	PUNCT
fbem-18143	135	14	international	international	ADJ
fbem-18143	135	15	enterprises	enterprise	NOUN
fbem-18143	135	16	underperform	underperform	NOUN
fbem-18143	135	17	,	,	PUNCT
fbem-18143	135	18	due	due	ADP
fbem-18143	135	19	to	to	ADP
fbem-18143	135	20	the	the	DET
fbem-18143	135	21	overwhelming	overwhelming	ADJ
fbem-18143	135	22	policy	policy	NOUN
fbem-18143	135	23	issuances	issuance	NOUN
fbem-18143	135	24	and	and	CCONJ
fbem-18143	135	25	official	official	ADJ
fbem-18143	135	26	plans	plan	NOUN
fbem-18143	135	27	repeatedly	repeatedly	ADV
fbem-18143	135	28	.	.	PUNCT
fbem-18143	136	1	in	in	ADP
fbem-18143	136	2	accordance	accordance	NOUN
fbem-18143	136	3	with	with	ADP
fbem-18143	136	4	their	their	PRON
fbem-18143	136	5	reasonable	reasonable	ADJ
fbem-18143	136	6	deductions	deduction	NOUN
fbem-18143	136	7	,	,	PUNCT
fbem-18143	136	8	more	more	ADV
fbem-18143	136	9	specifically	specifically	ADV
fbem-18143	136	10	,	,	PUNCT
fbem-18143	136	11	this	this	PRON
fbem-18143	136	12	is	be	AUX
fbem-18143	136	13	because	because	SCONJ
fbem-18143	136	14	instabilities	instability	NOUN
fbem-18143	136	15	impose	impose	VERB
fbem-18143	136	16	such	such	ADJ
fbem-18143	136	17	severe	severe	ADJ
fbem-18143	136	18	threats	threat	NOUN
fbem-18143	136	19	to	to	ADP
fbem-18143	136	20	businesses	business	NOUN
fbem-18143	136	21	,	,	PUNCT
fbem-18143	136	22	such	such	ADJ
fbem-18143	136	23	as	as	ADP
fbem-18143	136	24	regional	regional	ADJ
fbem-18143	136	25	conflicts	conflict	NOUN
fbem-18143	136	26	caused	cause	VERB
fbem-18143	136	27	by	by	ADP
fbem-18143	136	28	political	political	ADJ
fbem-18143	136	29	discord	discord	NOUN
fbem-18143	136	30	,	,	PUNCT
fbem-18143	136	31	terrorism	terrorism	NOUN
fbem-18143	136	32	,	,	PUNCT
fbem-18143	136	33	and	and	CCONJ
fbem-18143	136	34	other	other	ADJ
fbem-18143	136	35	deterrent	deterrent	NOUN
fbem-18143	136	36	effects	effect	NOUN
fbem-18143	136	37	,	,	PUNCT
fbem-18143	136	38	which	which	PRON
fbem-18143	136	39	intimidates	intimidate	VERB
fbem-18143	136	40	decision	decision	NOUN
fbem-18143	136	41	-	-	PUNCT
fbem-18143	136	42	makers	maker	NOUN
fbem-18143	136	43	of	of	ADP
fbem-18143	136	44	global	global	ADJ
fbem-18143	136	45	investment	investment	NOUN
fbem-18143	136	46	.	.	PUNCT
fbem-18143	137	1	as	as	ADP
fbem-18143	137	2	a	a	DET
fbem-18143	137	3	result	result	NOUN
fbem-18143	137	4	,	,	PUNCT
fbem-18143	137	5	it	it	PRON
fbem-18143	137	6	is	be	AUX
fbem-18143	137	7	suggested	suggest	VERB
fbem-18143	137	8	that	that	SCONJ
fbem-18143	137	9	political	political	ADJ
fbem-18143	137	10	stability	stability	NOUN
fbem-18143	137	11	mitigates	mitigate	VERB
fbem-18143	137	12	risk	risk	NOUN
fbem-18143	137	13	,	,	PUNCT
fbem-18143	137	14	boosts	boost	VERB
fbem-18143	137	15	confidence	confidence	NOUN
fbem-18143	137	16	,	,	PUNCT
fbem-18143	137	17	and	and	CCONJ
fbem-18143	137	18	grows	grow	VERB
fbem-18143	137	19	businesses	business	NOUN
fbem-18143	137	20	.	.	PUNCT
fbem-18143	138	1	witnessing	witness	VERB
fbem-18143	138	2	the	the	DET
fbem-18143	138	3	scene	scene	NOUN
fbem-18143	138	4	of	of	ADP
fbem-18143	138	5	the	the	DET
fbem-18143	138	6	nigerian	nigerian	ADJ
fbem-18143	138	7	example	example	NOUN
fbem-18143	138	8	enlightens	enlighten	VERB
fbem-18143	138	9	the	the	DET
fbem-18143	138	10	world	world	NOUN
fbem-18143	138	11	to	to	PART
fbem-18143	138	12	reflect	reflect	VERB
fbem-18143	138	13	from	from	ADP
fbem-18143	138	14	a	a	DET
fbem-18143	138	15	broader	broad	ADJ
fbem-18143	138	16	view	view	NOUN
fbem-18143	138	17	,	,	PUNCT
fbem-18143	138	18	that	that	SCONJ
fbem-18143	138	19	any	any	DET
fbem-18143	138	20	microattempts	microattempt	NOUN
fbem-18143	138	21	would	would	AUX
fbem-18143	138	22	be	be	AUX
fbem-18143	138	23	futile	futile	ADJ
fbem-18143	138	24	if	if	SCONJ
fbem-18143	138	25	the	the	DET
fbem-18143	138	26	macroenvironment	macroenvironment	NOUN
fbem-18143	138	27	allows	allow	VERB
fbem-18143	138	28	no	no	DET
fbem-18143	138	29	soil	soil	NOUN
fbem-18143	138	30	to	to	PART
fbem-18143	138	31	grow	grow	VERB
fbem-18143	138	32	.	.	PUNCT
fbem-18143	139	1	for	for	ADP
fbem-18143	139	2	instance	instance	NOUN
fbem-18143	139	3	,	,	PUNCT
fbem-18143	139	4	high	high	ADJ
fbem-18143	139	5	positions	position	NOUN
fbem-18143	139	6	in	in	ADP
fbem-18143	139	7	firms	firm	NOUN
fbem-18143	139	8	propose	propose	VERB
fbem-18143	139	9	strategic	strategic	ADJ
fbem-18143	139	10	plans	plan	NOUN
fbem-18143	139	11	on	on	ADP
fbem-18143	139	12	a	a	DET
fbem-18143	139	13	long	long	ADJ
fbem-18143	139	14	-	-	PUNCT
fbem-18143	139	15	term	term	NOUN
fbem-18143	139	16	basis	basis	NOUN
fbem-18143	139	17	.	.	PUNCT
fbem-18143	140	1	if	if	SCONJ
fbem-18143	140	2	the	the	DET
fbem-18143	140	3	legitimacy	legitimacy	NOUN
fbem-18143	140	4	of	of	ADP
fbem-18143	140	5	the	the	DET
fbem-18143	140	6	foreign	foreign	ADJ
fbem-18143	140	7	investment	investment	NOUN
fbem-18143	140	8	is	be	AUX
fbem-18143	140	9	unrecognized	unrecognize	VERB
fbem-18143	140	10	,	,	PUNCT
fbem-18143	140	11	or	or	CCONJ
fbem-18143	140	12	even	even	ADV
fbem-18143	140	13	worse	bad	ADJ
fbem-18143	140	14	,	,	PUNCT
fbem-18143	140	15	its	its	PRON
fbem-18143	140	16	original	original	ADJ
fbem-18143	140	17	status	status	NOUN
fbem-18143	140	18	was	be	AUX
fbem-18143	140	19	claimed	claim	VERB
fbem-18143	140	20	outlawed	outlaw	VERB
fbem-18143	140	21	,	,	PUNCT
fbem-18143	140	22	they	they	PRON
fbem-18143	140	23	are	be	AUX
fbem-18143	140	24	projected	project	VERB
fbem-18143	140	25	to	to	PART
fbem-18143	140	26	retract	retract	VERB
fbem-18143	140	27	funds	fund	NOUN
fbem-18143	140	28	or	or	CCONJ
fbem-18143	140	29	all	all	DET
fbem-18143	140	30	the	the	DET
fbem-18143	140	31	endeavor	endeavor	NOUN
fbem-18143	140	32	in	in	ADP
fbem-18143	140	33	local	local	ADJ
fbem-18143	140	34	operations	operation	NOUN
fbem-18143	140	35	will	will	AUX
fbem-18143	140	36	be	be	AUX
fbem-18143	140	37	wasted	waste	VERB
fbem-18143	140	38	.	.	PUNCT
fbem-18143	141	1	4.3	4.3	NUM
fbem-18143	141	2	.	.	PUNCT
fbem-18143	141	3	summary	summary	NOUN
fbem-18143	141	4	in	in	ADP
fbem-18143	141	5	general	general	ADJ
fbem-18143	141	6	,	,	PUNCT
fbem-18143	141	7	although	although	SCONJ
fbem-18143	141	8	discussions	discussion	NOUN
fbem-18143	141	9	on	on	ADP
fbem-18143	141	10	glcs	glcs	NOUN
fbem-18143	141	11	and	and	CCONJ
fbem-18143	141	12	political	political	ADJ
fbem-18143	141	13	capital	capital	NOUN
fbem-18143	141	14	are	be	AUX
fbem-18143	141	15	well	well	ADV
fbem-18143	141	16	-	-	PUNCT
fbem-18143	141	17	presented	present	VERB
fbem-18143	141	18	to	to	PART
fbem-18143	141	19	elucidate	elucidate	VERB
fbem-18143	141	20	the	the	DET
fbem-18143	141	21	necessity	necessity	NOUN
fbem-18143	141	22	of	of	ADP
fbem-18143	141	23	micromeso	micromeso	NOUN
fbem-18143	141	24	considerations	consideration	NOUN
fbem-18143	141	25	,	,	PUNCT
fbem-18143	141	26	the	the	DET
fbem-18143	141	27	macro	macro	ADJ
fbem-18143	141	28	determinants	determinant	NOUN
fbem-18143	141	29	,	,	PUNCT
fbem-18143	141	30	however	however	ADV
fbem-18143	141	31	,	,	PUNCT
fbem-18143	141	32	are	be	AUX
fbem-18143	141	33	the	the	DET
fbem-18143	141	34	foundations	foundation	NOUN
fbem-18143	141	35	of	of	ADP
fbem-18143	141	36	expressing	express	VERB
fbem-18143	141	37	market	market	NOUN
fbem-18143	141	38	reactions	reaction	NOUN
fbem-18143	141	39	.	.	PUNCT
fbem-18143	142	1	the	the	DET
fbem-18143	142	2	nigerian	nigerian	ADJ
fbem-18143	142	3	environment	environment	NOUN
fbem-18143	142	4	teaches	teach	VERB
fbem-18143	142	5	the	the	DET
fbem-18143	142	6	world	world	NOUN
fbem-18143	142	7	if	if	SCONJ
fbem-18143	142	8	the	the	DET
fbem-18143	142	9	most	most	ADV
fbem-18143	142	10	fundamental	fundamental	ADJ
fbem-18143	142	11	subsistence	subsistence	NOUN
fbem-18143	142	12	materials	material	NOUN
fbem-18143	142	13	can	can	AUX
fbem-18143	142	14	not	not	PART
fbem-18143	142	15	be	be	AUX
fbem-18143	142	16	guaranteed	guarantee	VERB
fbem-18143	142	17	,	,	PUNCT
fbem-18143	142	18	no	no	DET
fbem-18143	142	19	businesses	business	NOUN
fbem-18143	142	20	would	would	AUX
fbem-18143	142	21	be	be	AUX
fbem-18143	142	22	sustained	sustain	VERB
fbem-18143	142	23	in	in	ADP
fbem-18143	142	24	such	such	ADJ
fbem-18143	142	25	harsh	harsh	ADJ
fbem-18143	142	26	conditions	condition	NOUN
fbem-18143	142	27	.	.	PUNCT
fbem-18143	143	1	multinational	multinational	ADJ
fbem-18143	143	2	corporations	corporation	NOUN
fbem-18143	143	3	underperform	underperform	NOUN
fbem-18143	143	4	because	because	SCONJ
fbem-18143	143	5	of	of	ADP
fbem-18143	143	6	political	political	ADJ
fbem-18143	143	7	discord	discord	NOUN
fbem-18143	143	8	,	,	PUNCT
fbem-18143	143	9	terrorism	terrorism	NOUN
fbem-18143	143	10	,	,	PUNCT
fbem-18143	143	11	and	and	CCONJ
fbem-18143	143	12	armed	armed	ADJ
fbem-18143	143	13	conflicts	conflict	NOUN
fbem-18143	143	14	,	,	PUNCT
fbem-18143	143	15	which	which	PRON
fbem-18143	143	16	deters	deter	VERB
fbem-18143	143	17	global	global	ADJ
fbem-18143	143	18	investors	investor	NOUN
fbem-18143	143	19	from	from	ADP
fbem-18143	143	20	entering	enter	VERB
fbem-18143	143	21	.	.	PUNCT
fbem-18143	144	1	5	5	X
fbem-18143	144	2	.	.	X
fbem-18143	144	3	the	the	DET
fbem-18143	144	4	evaluation	evaluation	NOUN
fbem-18143	144	5	of	of	ADP
fbem-18143	144	6	modes	mode	NOUN
fbem-18143	144	7	,	,	PUNCT
fbem-18143	144	8	influences	influence	NOUN
fbem-18143	144	9	,	,	PUNCT
fbem-18143	144	10	and	and	CCONJ
fbem-18143	144	11	mechanisms	mechanism	NOUN
fbem-18143	144	12	5.1	5.1	NUM
fbem-18143	144	13	.	.	PUNCT
fbem-18143	145	1	description	description	NOUN
fbem-18143	145	2	this	this	DET
fbem-18143	145	3	section	section	NOUN
fbem-18143	145	4	establishes	establish	VERB
fbem-18143	145	5	the	the	DET
fbem-18143	145	6	framework	framework	NOUN
fbem-18143	145	7	for	for	ADP
fbem-18143	145	8	assessing	assess	VERB
fbem-18143	145	9	the	the	DET
fbem-18143	145	10	patterns	pattern	NOUN
fbem-18143	145	11	,	,	PUNCT
fbem-18143	145	12	impact	impact	NOUN
fbem-18143	145	13	,	,	PUNCT
fbem-18143	145	14	and	and	CCONJ
fbem-18143	145	15	reflections	reflection	NOUN
fbem-18143	145	16	of	of	ADP
fbem-18143	145	17	glcs	glcs	NOUN
fbem-18143	145	18	,	,	PUNCT
fbem-18143	145	19	political	political	ADJ
fbem-18143	145	20	capital	capital	NOUN
fbem-18143	145	21	(	(	PUNCT
fbem-18143	145	22	including	include	VERB
fbem-18143	145	23	political	political	ADJ
fbem-18143	145	24	connections	connection	NOUN
fbem-18143	145	25	,	,	PUNCT
fbem-18143	145	26	state	state	NOUN
fbem-18143	145	27	ownership	ownership	NOUN
fbem-18143	145	28	,	,	PUNCT
fbem-18143	145	29	and	and	CCONJ
fbem-18143	145	30	other	other	ADJ
fbem-18143	145	31	politics	politic	NOUN
fbem-18143	145	32	-	-	PUNCT
fbem-18143	145	33	related	relate	VERB
fbem-18143	145	34	forces	force	NOUN
fbem-18143	145	35	)	)	PUNCT
fbem-18143	145	36	,	,	PUNCT
fbem-18143	145	37	and	and	CCONJ
fbem-18143	145	38	political	political	ADJ
fbem-18143	145	39	environment	environment	NOUN
fbem-18143	145	40	in	in	ADP
fbem-18143	145	41	emerging	emerge	VERB
fbem-18143	145	42	markets	market	NOUN
fbem-18143	145	43	,	,	PUNCT
fbem-18143	145	44	such	such	ADJ
fbem-18143	145	45	as	as	ADP
fbem-18143	145	46	china	china	PROPN
fbem-18143	145	47	,	,	PUNCT
fbem-18143	145	48	malaysia	malaysia	PROPN
fbem-18143	145	49	,	,	PUNCT
fbem-18143	145	50	and	and	CCONJ
fbem-18143	145	51	nigeria	nigeria	PROPN
fbem-18143	145	52	.	.	PUNCT
fbem-18143	146	1	it	it	PRON
fbem-18143	146	2	starts	start	VERB
fbem-18143	146	3	with	with	ADP
fbem-18143	146	4	describing	describe	VERB
fbem-18143	146	5	the	the	DET
fbem-18143	146	6	current	current	ADJ
fbem-18143	146	7	situation	situation	NOUN
fbem-18143	146	8	of	of	ADP
fbem-18143	146	9	how	how	SCONJ
fbem-18143	146	10	these	these	DET
fbem-18143	146	11	state	state	NOUN
fbem-18143	146	12	powers	power	NOUN
fbem-18143	146	13	affect	affect	VERB
fbem-18143	146	14	key	key	ADJ
fbem-18143	146	15	operations	operation	NOUN
fbem-18143	146	16	of	of	ADP
fbem-18143	146	17	firms	firm	NOUN
fbem-18143	146	18	in	in	ADP
fbem-18143	146	19	different	different	ADJ
fbem-18143	146	20	regions	region	NOUN
fbem-18143	146	21	;	;	PUNCT
fbem-18143	146	22	then	then	ADV
fbem-18143	146	23	it	it	PRON
fbem-18143	146	24	justifies	justify	VERB
fbem-18143	146	25	the	the	DET
fbem-18143	146	26	absolute	absolute	ADJ
fbem-18143	146	27	and	and	CCONJ
fbem-18143	146	28	relative	relative	ADJ
fbem-18143	146	29	impact	impact	NOUN
fbem-18143	146	30	on	on	ADP
fbem-18143	146	31	both	both	CCONJ
fbem-18143	146	32	its	its	PRON
fbem-18143	146	33	places	place	NOUN
fbem-18143	146	34	of	of	ADP
fbem-18143	146	35	implementation	implementation	NOUN
fbem-18143	146	36	and	and	CCONJ
fbem-18143	146	37	global	global	ADJ
fbem-18143	146	38	context	context	NOUN
fbem-18143	146	39	;	;	PUNCT
fbem-18143	146	40	closely	closely	ADV
fbem-18143	146	41	followed	follow	VERB
fbem-18143	146	42	by	by	ADP
fbem-18143	146	43	a	a	DET
fbem-18143	146	44	section	section	NOUN
fbem-18143	146	45	to	to	PART
fbem-18143	146	46	examine	examine	VERB
fbem-18143	146	47	in	in	ADP
fbem-18143	146	48	what	what	PRON
fbem-18143	146	49	roles	role	VERB
fbem-18143	146	50	the	the	DET
fbem-18143	146	51	modes	mode	NOUN
fbem-18143	146	52	are	be	AUX
fbem-18143	146	53	performed	perform	VERB
fbem-18143	146	54	,	,	PUNCT
fbem-18143	146	55	whether	whether	SCONJ
fbem-18143	146	56	their	their	PRON
fbem-18143	146	57	utilities	utility	NOUN
fbem-18143	146	58	are	be	AUX
fbem-18143	146	59	adjustable	adjustable	ADJ
fbem-18143	146	60	;	;	PUNCT
fbem-18143	146	61	eventually	eventually	ADV
fbem-18143	146	62	,	,	PUNCT
fbem-18143	146	63	it	it	PRON
fbem-18143	146	64	proposes	propose	VERB
fbem-18143	146	65	in	in	ADP
fbem-18143	146	66	what	what	DET
fbem-18143	146	67	relationship	relationship	NOUN
fbem-18143	146	68	that	that	PRON
fbem-18143	146	69	they	they	PRON
fbem-18143	146	70	could	could	AUX
fbem-18143	146	71	incorporate	incorporate	VERB
fbem-18143	146	72	and	and	CCONJ
fbem-18143	146	73	co	co	VERB
fbem-18143	146	74	-	-	VERB
fbem-18143	146	75	exist	exist	VERB
fbem-18143	146	76	to	to	PART
fbem-18143	146	77	achieve	achieve	VERB
fbem-18143	146	78	better	well	ADJ
fbem-18143	146	79	performance	performance	NOUN
fbem-18143	146	80	in	in	ADP
fbem-18143	146	81	dynamic	dynamic	ADJ
fbem-18143	146	82	economics	economic	NOUN
fbem-18143	146	83	.	.	PUNCT
fbem-18143	147	1	5.2	5.2	NUM
fbem-18143	147	2	.	.	PUNCT
fbem-18143	148	1	general	general	ADJ
fbem-18143	148	2	analysis	analysis	NOUN
fbem-18143	148	3	of	of	ADP
fbem-18143	148	4	modes	mode	NOUN
fbem-18143	148	5	and	and	CCONJ
fbem-18143	148	6	impact	impact	NOUN
fbem-18143	148	7	(	(	PUNCT
fbem-18143	148	8	1	1	NUM
fbem-18143	148	9	)	)	PUNCT
fbem-18143	148	10	current	current	ADJ
fbem-18143	148	11	situation	situation	NOUN
fbem-18143	148	12	of	of	ADP
fbem-18143	148	13	glcs	glcs	NOUN
fbem-18143	148	14	the	the	DET
fbem-18143	148	15	development	development	NOUN
fbem-18143	148	16	of	of	ADP
fbem-18143	148	17	glcs	glcs	NOUN
fbem-18143	148	18	in	in	ADP
fbem-18143	148	19	malaysia	malaysia	PROPN
fbem-18143	148	20	has	have	AUX
fbem-18143	148	21	shown	show	VERB
fbem-18143	148	22	a	a	DET
fbem-18143	148	23	twist	twist	NOUN
fbem-18143	148	24	,	,	PUNCT
fbem-18143	148	25	but	but	CCONJ
fbem-18143	148	26	somewhat	somewhat	ADV
fbem-18143	148	27	deserving	deserve	VERB
fbem-18143	148	28	routine	routine	NOUN
fbem-18143	148	29	to	to	ADP
fbem-18143	148	30	national	national	ADJ
fbem-18143	148	31	flourishes	flourish	NOUN
fbem-18143	148	32	.	.	PUNCT
fbem-18143	149	1	it	it	PRON
fbem-18143	149	2	is	be	AUX
fbem-18143	149	3	full	full	ADJ
fbem-18143	149	4	of	of	ADP
fbem-18143	149	5	criticisms	criticism	NOUN
fbem-18143	149	6	and	and	CCONJ
fbem-18143	149	7	difficulties	difficulty	NOUN
fbem-18143	149	8	,	,	PUNCT
fbem-18143	149	9	to	to	ADP
fbem-18143	149	10	a	a	DET
fbem-18143	149	11	substantial	substantial	ADJ
fbem-18143	149	12	extent	extent	NOUN
fbem-18143	149	13	,	,	PUNCT
fbem-18143	149	14	but	but	CCONJ
fbem-18143	149	15	still	still	ADV
fbem-18143	149	16	contributing	contribute	VERB
fbem-18143	149	17	to	to	ADP
fbem-18143	149	18	the	the	DET
fbem-18143	149	19	country	country	NOUN
fbem-18143	149	20	.	.	PUNCT
fbem-18143	150	1	listing	list	VERB
fbem-18143	150	2	regulated	regulated	ADJ
fbem-18143	150	3	benefits	benefit	NOUN
fbem-18143	150	4	,	,	PUNCT
fbem-18143	150	5	subsidies	subsidy	NOUN
fbem-18143	150	6	,	,	PUNCT
fbem-18143	150	7	and	and	CCONJ
fbem-18143	150	8	exemptions	exemption	NOUN
fbem-18143	150	9	that	that	PRON
fbem-18143	150	10	government	government	NOUN
fbem-18143	150	11	-	-	PUNCT
fbem-18143	150	12	linked	link	VERB
fbem-18143	150	13	companies	company	NOUN
fbem-18143	150	14	hold	hold	VERB
fbem-18143	150	15	,	,	PUNCT
fbem-18143	150	16	enlarges	enlarge	VERB
fbem-18143	150	17	the	the	DET
fbem-18143	150	18	expansion	expansion	NOUN
fbem-18143	150	19	of	of	ADP
fbem-18143	150	20	business	business	NOUN
fbem-18143	150	21	fields	field	NOUN
fbem-18143	150	22	,	,	PUNCT
fbem-18143	150	23	which	which	PRON
fbem-18143	150	24	is	be	AUX
fbem-18143	150	25	indispensable	indispensable	ADJ
fbem-18143	150	26	by	by	ADP
fbem-18143	150	27	the	the	DET
fbem-18143	150	28	early	early	ADJ
fbem-18143	150	29	stage	stage	NOUN
fbem-18143	150	30	of	of	ADP
fbem-18143	150	31	industrialization	industrialization	NOUN
fbem-18143	150	32	in	in	ADP
fbem-18143	150	33	malaysia	malaysia	PROPN
fbem-18143	150	34	;	;	PUNCT
fbem-18143	150	35	however	however	ADV
fbem-18143	150	36	,	,	PUNCT
fbem-18143	150	37	the	the	DET
fbem-18143	150	38	sharply	sharply	ADV
fbem-18143	150	39	expanded	expand	VERB
fbem-18143	150	40	and	and	CCONJ
fbem-18143	150	41	its	its	PRON
fbem-18143	150	42	derived	derived	ADJ
fbem-18143	150	43	issues	issue	NOUN
fbem-18143	150	44	are	be	AUX
fbem-18143	150	45	at	at	ADP
fbem-18143	150	46	cost	cost	NOUN
fbem-18143	150	47	of	of	ADP
fbem-18143	150	48	shareholders	shareholder	NOUN
fbem-18143	150	49	and	and	CCONJ
fbem-18143	150	50	private	private	ADJ
fbem-18143	150	51	investors	investor	NOUN
fbem-18143	150	52	.	.	PUNCT
fbem-18143	151	1	for	for	ADP
fbem-18143	151	2	example	example	NOUN
fbem-18143	151	3	,	,	PUNCT
fbem-18143	151	4	it	it	PRON
fbem-18143	151	5	is	be	AUX
fbem-18143	151	6	evident	evident	ADJ
fbem-18143	151	7	that	that	SCONJ
fbem-18143	151	8	the	the	DET
fbem-18143	151	9	goals	goal	NOUN
fbem-18143	151	10	of	of	ADP
fbem-18143	151	11	firms	firm	NOUN
fbem-18143	151	12	are	be	AUX
fbem-18143	151	13	anticipated	anticipate	VERB
fbem-18143	151	14	to	to	PART
fbem-18143	151	15	be	be	AUX
fbem-18143	151	16	diverged	diverge	VERB
fbem-18143	151	17	into	into	ADP
fbem-18143	151	18	social	social	ADJ
fbem-18143	151	19	achievements	achievement	NOUN
fbem-18143	151	20	,	,	PUNCT
fbem-18143	151	21	such	such	ADJ
fbem-18143	151	22	as	as	ADP
fbem-18143	151	23	hiring	hire	VERB
fbem-18143	151	24	additional	additional	ADJ
fbem-18143	151	25	employees	employee	NOUN
fbem-18143	151	26	that	that	SCONJ
fbem-18143	151	27	firms	firm	NOUN
fbem-18143	151	28	may	may	AUX
fbem-18143	151	29	not	not	PART
fbem-18143	151	30	be	be	AUX
fbem-18143	151	31	required	require	VERB
fbem-18143	151	32	,	,	PUNCT
fbem-18143	151	33	serving	serve	VERB
fbem-18143	151	34	the	the	DET
fbem-18143	151	35	whole	whole	ADJ
fbem-18143	151	36	society	society	NOUN
fbem-18143	151	37	instead	instead	ADV
fbem-18143	151	38	of	of	ADP
fbem-18143	151	39	maximizing	maximize	VERB
fbem-18143	151	40	shareholders	shareholder	NOUN
fbem-18143	151	41	’	'	PUNCT
fbem-18143	151	42	value	value	NOUN
fbem-18143	151	43	.	.	PUNCT
fbem-18143	152	1	14	14	NUM
fbem-18143	152	2	although	although	SCONJ
fbem-18143	152	3	research	research	NOUN
fbem-18143	152	4	on	on	ADP
fbem-18143	152	5	firms	firm	NOUN
fbem-18143	152	6	’	'	PUNCT
fbem-18143	152	7	value	value	NOUN
fbem-18143	152	8	creation	creation	NOUN
fbem-18143	152	9	(	(	PUNCT
fbem-18143	152	10	narrowly	narrowly	ADV
fbem-18143	152	11	defined	define	VERB
fbem-18143	152	12	)	)	PUNCT
fbem-18143	152	13	blurred	blur	VERB
fbem-18143	152	14	and	and	CCONJ
fbem-18143	152	15	was	be	AUX
fbem-18143	152	16	claimed	claim	VERB
fbem-18143	152	17	not	not	PART
fbem-18143	152	18	to	to	PART
fbem-18143	152	19	be	be	AUX
fbem-18143	152	20	concluded	conclude	VERB
fbem-18143	152	21	as	as	ADP
fbem-18143	152	22	explicit	explicit	ADJ
fbem-18143	152	23	results	result	NOUN
fbem-18143	152	24	,	,	PUNCT
fbem-18143	152	25	besides	besides	ADV
fbem-18143	152	26	,	,	PUNCT
fbem-18143	152	27	the	the	DET
fbem-18143	152	28	crowding	crowd	VERB
fbem-18143	152	29	-	-	PUNCT
fbem-18143	152	30	out	out	ADP
fbem-18143	152	31	effect	effect	NOUN
fbem-18143	152	32	squeezes	squeeze	VERB
fbem-18143	152	33	out	out	ADP
fbem-18143	152	34	investment	investment	NOUN
fbem-18143	152	35	from	from	ADP
fbem-18143	152	36	private	private	ADJ
fbem-18143	152	37	sectors	sector	NOUN
fbem-18143	152	38	,	,	PUNCT
fbem-18143	152	39	deteriorating	deteriorate	VERB
fbem-18143	152	40	the	the	DET
fbem-18143	152	41	diversification	diversification	NOUN
fbem-18143	152	42	in	in	ADP
fbem-18143	152	43	the	the	DET
fbem-18143	152	44	malaysian	malaysian	ADJ
fbem-18143	152	45	market	market	NOUN
fbem-18143	152	46	,	,	PUNCT
fbem-18143	152	47	and	and	CCONJ
fbem-18143	152	48	might	might	AUX
fbem-18143	152	49	even	even	ADV
fbem-18143	152	50	be	be	AUX
fbem-18143	152	51	causing	cause	VERB
fbem-18143	152	52	panic	panic	NOUN
fbem-18143	152	53	for	for	ADP
fbem-18143	152	54	divestment	divestment	NOUN
fbem-18143	152	55	.	.	PUNCT
fbem-18143	153	1	all	all	PRON
fbem-18143	153	2	of	of	ADP
fbem-18143	153	3	these	these	PRON
fbem-18143	153	4	are	be	AUX
fbem-18143	153	5	the	the	DET
fbem-18143	153	6	consequences	consequence	NOUN
fbem-18143	153	7	that	that	PRON
fbem-18143	153	8	the	the	DET
fbem-18143	153	9	country	country	NOUN
fbem-18143	153	10	must	must	AUX
fbem-18143	153	11	bear	bear	VERB
fbem-18143	153	12	if	if	SCONJ
fbem-18143	153	13	the	the	DET
fbem-18143	153	14	glcs	glcs	NOUN
fbem-18143	153	15	superfluously	superfluously	ADV
fbem-18143	153	16	beyond	beyond	ADP
fbem-18143	153	17	their	their	PRON
fbem-18143	153	18	fields	field	NOUN
fbem-18143	153	19	.	.	PUNCT
fbem-18143	154	1	by	by	ADP
fbem-18143	154	2	contrast	contrast	NOUN
fbem-18143	154	3	,	,	PUNCT
fbem-18143	154	4	it	it	PRON
fbem-18143	154	5	is	be	AUX
fbem-18143	154	6	noticeable	noticeable	ADJ
fbem-18143	154	7	that	that	SCONJ
fbem-18143	154	8	feasible	feasible	ADJ
fbem-18143	154	9	actions	action	NOUN
fbem-18143	154	10	are	be	AUX
fbem-18143	154	11	ongoing	ongoing	ADJ
fbem-18143	154	12	.	.	PUNCT
fbem-18143	155	1	one	one	NUM
fbem-18143	155	2	regulation	regulation	NOUN
fbem-18143	155	3	is	be	AUX
fbem-18143	155	4	government	government	NOUN
fbem-18143	155	5	-	-	PUNCT
fbem-18143	155	6	linked	link	VERB
fbem-18143	155	7	companies	company	NOUN
fbem-18143	155	8	transformation	transformation	NOUN
fbem-18143	155	9	program	program	NOUN
fbem-18143	155	10	(	(	PUNCT
fbem-18143	155	11	glctp	glctp	NOUN
fbem-18143	155	12	)	)	PUNCT
fbem-18143	155	13	,	,	PUNCT
fbem-18143	155	14	which	which	PRON
fbem-18143	155	15	negatively	negatively	ADV
fbem-18143	155	16	impacts	impact	VERB
fbem-18143	155	17	glcs	glcs	NOUN
fbem-18143	155	18	,	,	PUNCT
fbem-18143	155	19	of	of	ADP
fbem-18143	155	20	market	market	NOUN
fbem-18143	155	21	value	value	NOUN
fbem-18143	155	22	and	and	CCONJ
fbem-18143	155	23	financial	financial	ADJ
fbem-18143	155	24	aspects	aspect	NOUN
fbem-18143	155	25	respectively	respectively	ADV
fbem-18143	155	26	,	,	PUNCT
fbem-18143	155	27	meaning	mean	VERB
fbem-18143	155	28	glcs	glcs	NOUN
fbem-18143	155	29	’	'	PUNCT
fbem-18143	155	30	expansion	expansion	NOUN
fbem-18143	155	31	can	can	AUX
fbem-18143	155	32	be	be	AUX
fbem-18143	155	33	curbed	curb	VERB
fbem-18143	155	34	.	.	PUNCT
fbem-18143	156	1	furthermore	furthermore	ADV
fbem-18143	156	2	,	,	PUNCT
fbem-18143	156	3	the	the	DET
fbem-18143	156	4	division	division	NOUN
fbem-18143	156	5	of	of	ADP
fbem-18143	156	6	goals	goal	NOUN
fbem-18143	156	7	and	and	CCONJ
fbem-18143	156	8	the	the	DET
fbem-18143	156	9	burden	burden	NOUN
fbem-18143	156	10	of	of	ADP
fbem-18143	156	11	crowding	crowd	VERB
fbem-18143	156	12	out	out	ADP
fbem-18143	156	13	non	non	ADJ
fbem-18143	156	14	-	-	ADJ
fbem-18143	156	15	state	state	ADJ
fbem-18143	156	16	investment	investment	NOUN
fbem-18143	156	17	can	can	AUX
fbem-18143	156	18	be	be	AUX
fbem-18143	156	19	easily	easily	ADV
fbem-18143	156	20	softened	soften	VERB
fbem-18143	156	21	,	,	PUNCT
fbem-18143	156	22	such	such	ADJ
fbem-18143	156	23	as	as	ADP
fbem-18143	156	24	expanding	expand	VERB
fbem-18143	156	25	demands	demand	NOUN
fbem-18143	156	26	.	.	PUNCT
fbem-18143	157	1	governmental	governmental	ADJ
fbem-18143	157	2	control	control	NOUN
fbem-18143	157	3	attracts	attract	VERB
fbem-18143	157	4	excessive	excessive	ADJ
fbem-18143	157	5	staff	staff	NOUN
fbem-18143	157	6	to	to	ADP
fbem-18143	157	7	the	the	DET
fbem-18143	157	8	preparation	preparation	NOUN
fbem-18143	157	9	of	of	ADP
fbem-18143	157	10	entering	enter	VERB
fbem-18143	157	11	new	new	ADJ
fbem-18143	157	12	industries	industry	NOUN
fbem-18143	157	13	and	and	CCONJ
fbem-18143	157	14	segments	segment	NOUN
fbem-18143	157	15	;	;	PUNCT
fbem-18143	157	16	an	an	DET
fbem-18143	157	17	increase	increase	NOUN
fbem-18143	157	18	in	in	ADP
fbem-18143	157	19	private	private	ADJ
fbem-18143	157	20	investment	investment	NOUN
fbem-18143	157	21	can	can	AUX
fbem-18143	157	22	be	be	AUX
fbem-18143	157	23	found	find	VERB
fbem-18143	157	24	by	by	ADP
fbem-18143	157	25	adopting	adopt	VERB
fbem-18143	157	26	strategies	strategy	NOUN
fbem-18143	157	27	other	other	ADJ
fbem-18143	157	28	than	than	ADP
fbem-18143	157	29	state	state	NOUN
fbem-18143	157	30	-	-	PUNCT
fbem-18143	157	31	owned	own	VERB
fbem-18143	157	32	divestment	divestment	NOUN
fbem-18143	157	33	,	,	PUNCT
fbem-18143	157	34	such	such	ADJ
fbem-18143	157	35	as	as	ADP
fbem-18143	157	36	exporting	export	VERB
fbem-18143	157	37	and	and	CCONJ
fbem-18143	157	38	expanding	expand	VERB
fbem-18143	157	39	reproduction	reproduction	NOUN
fbem-18143	157	40	.	.	PUNCT
fbem-18143	158	1	(	(	PUNCT
fbem-18143	158	2	2	2	X
fbem-18143	158	3	)	)	PUNCT
fbem-18143	158	4	current	current	ADJ
fbem-18143	158	5	situation	situation	NOUN
fbem-18143	158	6	of	of	ADP
fbem-18143	158	7	political	political	ADJ
fbem-18143	158	8	capital	capital	NOUN
fbem-18143	158	9	the	the	DET
fbem-18143	158	10	various	various	ADJ
fbem-18143	158	11	contents	content	NOUN
fbem-18143	158	12	of	of	ADP
fbem-18143	158	13	political	political	ADJ
fbem-18143	158	14	capital	capital	NOUN
fbem-18143	158	15	,	,	PUNCT
fbem-18143	158	16	namely	namely	ADV
fbem-18143	158	17	managers	manager	NOUN
fbem-18143	158	18	with	with	ADP
fbem-18143	158	19	political	political	ADJ
fbem-18143	158	20	connections	connection	NOUN
fbem-18143	158	21	and	and	CCONJ
fbem-18143	158	22	state	state	NOUN
fbem-18143	158	23	ownership	ownership	NOUN
fbem-18143	158	24	,	,	PUNCT
fbem-18143	158	25	should	should	AUX
fbem-18143	158	26	be	be	AUX
fbem-18143	158	27	merited	merit	VERB
fbem-18143	158	28	as	as	ADP
fbem-18143	158	29	one	one	NUM
fbem-18143	158	30	successful	successful	ADJ
fbem-18143	158	31	instance	instance	NOUN
fbem-18143	158	32	to	to	PART
fbem-18143	158	33	enliven	enliven	VERB
fbem-18143	158	34	the	the	DET
fbem-18143	158	35	chinese	chinese	ADJ
fbem-18143	158	36	market	market	NOUN
fbem-18143	158	37	.	.	PUNCT
fbem-18143	159	1	politics	politic	NOUN
fbem-18143	159	2	-	-	PUNCT
fbem-18143	159	3	associated	associate	VERB
fbem-18143	159	4	ceos	ceo	NOUN
fbem-18143	159	5	are	be	AUX
fbem-18143	159	6	regarded	regard	VERB
fbem-18143	159	7	as	as	ADP
fbem-18143	159	8	corporate	corporate	ADJ
fbem-18143	159	9	assets	asset	NOUN
fbem-18143	159	10	catalyzing	catalyze	VERB
fbem-18143	159	11	the	the	DET
fbem-18143	159	12	process	process	NOUN
fbem-18143	159	13	of	of	ADP
fbem-18143	159	14	ipo	ipo	PROPN
fbem-18143	159	15	approval	approval	NOUN
fbem-18143	159	16	,	,	PUNCT
fbem-18143	159	17	technological	technological	ADJ
fbem-18143	159	18	innovation	innovation	NOUN
fbem-18143	159	19	,	,	PUNCT
fbem-18143	159	20	tax	tax	NOUN
fbem-18143	159	21	benefits	benefit	NOUN
fbem-18143	159	22	,	,	PUNCT
fbem-18143	159	23	and	and	CCONJ
fbem-18143	159	24	striving	strive	VERB
fbem-18143	159	25	for	for	ADP
fbem-18143	159	26	other	other	ADJ
fbem-18143	159	27	forms	form	NOUN
fbem-18143	159	28	of	of	ADP
fbem-18143	159	29	state	state	NOUN
fbem-18143	159	30	support	support	NOUN
fbem-18143	159	31	.	.	PUNCT
fbem-18143	160	1	acting	act	VERB
fbem-18143	160	2	as	as	ADP
fbem-18143	160	3	one	one	NUM
fbem-18143	160	4	part	part	NOUN
fbem-18143	160	5	of	of	ADP
fbem-18143	160	6	the	the	DET
fbem-18143	160	7	informal	informal	ADJ
fbem-18143	160	8	governance	governance	NOUN
fbem-18143	160	9	structure	structure	NOUN
fbem-18143	160	10	,	,	PUNCT
fbem-18143	160	11	it	it	PRON
fbem-18143	160	12	adjusts	adjust	VERB
fbem-18143	160	13	where	where	SCONJ
fbem-18143	160	14	regulatory	regulatory	ADJ
fbem-18143	160	15	failures	failure	NOUN
fbem-18143	160	16	,	,	PUNCT
fbem-18143	160	17	particularly	particularly	ADV
fbem-18143	160	18	when	when	SCONJ
fbem-18143	160	19	demands	demand	NOUN
fbem-18143	160	20	can	can	AUX
fbem-18143	160	21	not	not	PART
fbem-18143	160	22	be	be	AUX
fbem-18143	160	23	fulfilled	fulfil	VERB
fbem-18143	160	24	.	.	PUNCT
fbem-18143	161	1	while	while	SCONJ
fbem-18143	161	2	there	there	PRON
fbem-18143	161	3	are	be	VERB
fbem-18143	161	4	,	,	PUNCT
fbem-18143	161	5	the	the	DET
fbem-18143	161	6	regional	regional	ADJ
fbem-18143	161	7	differences	difference	NOUN
fbem-18143	161	8	,	,	PUNCT
fbem-18143	161	9	the	the	DET
fbem-18143	161	10	doubts	doubt	NOUN
fbem-18143	161	11	of	of	ADP
fbem-18143	161	12	the	the	DET
fbem-18143	161	13	quality	quality	NOUN
fbem-18143	161	14	of	of	ADP
fbem-18143	161	15	financing	financing	NOUN
fbem-18143	161	16	,	,	PUNCT
fbem-18143	161	17	and	and	CCONJ
fbem-18143	161	18	the	the	DET
fbem-18143	161	19	fluctuation	fluctuation	NOUN
fbem-18143	161	20	of	of	ADP
fbem-18143	161	21	long	long	ADJ
fbem-18143	161	22	-	-	PUNCT
fbem-18143	161	23	term	term	NOUN
fbem-18143	161	24	return	return	NOUN
fbem-18143	161	25	have	have	AUX
fbem-18143	161	26	been	be	AUX
fbem-18143	161	27	drawn	draw	VERB
fbem-18143	161	28	,	,	PUNCT
fbem-18143	161	29	owing	owe	VERB
fbem-18143	161	30	to	to	ADP
fbem-18143	161	31	the	the	DET
fbem-18143	161	32	risk	risk	NOUN
fbem-18143	161	33	of	of	ADP
fbem-18143	161	34	political	political	ADJ
fbem-18143	161	35	misjudgments	misjudgment	NOUN
fbem-18143	161	36	.	.	PUNCT
fbem-18143	162	1	nevertheless	nevertheless	ADV
fbem-18143	162	2	,	,	PUNCT
fbem-18143	162	3	chinese	chinese	ADJ
fbem-18143	162	4	start	start	NOUN
fbem-18143	162	5	-	-	PUNCT
fbem-18143	162	6	ups	up	NOUN
fbem-18143	162	7	are	be	AUX
fbem-18143	162	8	proactive	proactive	ADJ
fbem-18143	162	9	in	in	ADP
fbem-18143	162	10	establishing	establish	VERB
fbem-18143	162	11	political	political	ADJ
fbem-18143	162	12	connections	connection	NOUN
fbem-18143	162	13	.	.	PUNCT
fbem-18143	163	1	political	political	ADJ
fbem-18143	163	2	ownership	ownership	NOUN
fbem-18143	163	3	acts	act	VERB
fbem-18143	163	4	as	as	ADP
fbem-18143	163	5	another	another	DET
fbem-18143	163	6	part	part	NOUN
fbem-18143	163	7	of	of	ADP
fbem-18143	163	8	the	the	DET
fbem-18143	163	9	informal	informal	ADJ
fbem-18143	163	10	governance	governance	NOUN
fbem-18143	163	11	structure	structure	NOUN
fbem-18143	163	12	,	,	PUNCT
fbem-18143	163	13	concurred	concur	VERB
fbem-18143	163	14	with	with	ADP
fbem-18143	163	15	the	the	DET
fbem-18143	163	16	findings	finding	NOUN
fbem-18143	163	17	of	of	ADP
fbem-18143	163	18	malaysian	malaysian	ADJ
fbem-18143	163	19	glcs	glcs	NOUN
fbem-18143	163	20	that	that	PRON
fbem-18143	163	21	the	the	DET
fbem-18143	163	22	goals	goal	NOUN
fbem-18143	163	23	of	of	ADP
fbem-18143	163	24	state	state	NOUN
fbem-18143	163	25	power	power	NOUN
fbem-18143	163	26	diverged	diverge	VERB
fbem-18143	163	27	;	;	PUNCT
fbem-18143	163	28	politics	politic	NOUN
fbem-18143	163	29	-	-	PUNCT
fbem-18143	163	30	related	relate	VERB
fbem-18143	163	31	capital	capital	NOUN
fbem-18143	163	32	reacts	react	VERB
fbem-18143	163	33	outstandingly	outstandingly	ADV
fbem-18143	163	34	than	than	ADP
fbem-18143	163	35	private	private	ADJ
fbem-18143	163	36	capital	capital	NOUN
fbem-18143	163	37	in	in	ADP
fbem-18143	163	38	china	china	PROPN
fbem-18143	163	39	.	.	PUNCT
fbem-18143	164	1	(	(	PUNCT
fbem-18143	164	2	3	3	X
fbem-18143	164	3	)	)	PUNCT
fbem-18143	164	4	current	current	ADJ
fbem-18143	164	5	situation	situation	NOUN
fbem-18143	164	6	of	of	ADP
fbem-18143	164	7	macro	macro	ADJ
fbem-18143	164	8	factors	factor	NOUN
fbem-18143	164	9	in	in	ADP
fbem-18143	164	10	nigeria	nigeria	PROPN
fbem-18143	164	11	,	,	PUNCT
fbem-18143	164	12	international	international	ADJ
fbem-18143	164	13	companies	company	NOUN
fbem-18143	164	14	underperform	underperform	VERB
fbem-18143	164	15	due	due	ADP
fbem-18143	164	16	to	to	ADP
fbem-18143	164	17	the	the	DET
fbem-18143	164	18	lack	lack	NOUN
fbem-18143	164	19	of	of	ADP
fbem-18143	164	20	political	political	ADJ
fbem-18143	164	21	harmoniousness	harmoniousness	NOUN
fbem-18143	164	22	,	,	PUNCT
fbem-18143	164	23	frequent	frequent	ADJ
fbem-18143	164	24	criminal	criminal	ADJ
fbem-18143	164	25	activities	activity	NOUN
fbem-18143	164	26	,	,	PUNCT
fbem-18143	164	27	and	and	CCONJ
fbem-18143	164	28	terrorism	terrorism	NOUN
fbem-18143	164	29	,	,	PUNCT
fbem-18143	164	30	which	which	PRON
fbem-18143	164	31	deters	deter	VERB
fbem-18143	164	32	foreign	foreign	ADJ
fbem-18143	164	33	investors	investor	NOUN
fbem-18143	164	34	from	from	ADP
fbem-18143	164	35	entering	enter	VERB
fbem-18143	164	36	.	.	PUNCT
fbem-18143	165	1	(	(	PUNCT
fbem-18143	165	2	4	4	X
fbem-18143	165	3	)	)	PUNCT
fbem-18143	165	4	evaluation	evaluation	NOUN
fbem-18143	165	5	of	of	ADP
fbem-18143	165	6	impact	impact	NOUN
fbem-18143	165	7	&	&	CCONJ
fbem-18143	165	8	modes	mode	NOUN
fbem-18143	165	9	performance	performance	NOUN
fbem-18143	165	10	it	it	PRON
fbem-18143	165	11	is	be	AUX
fbem-18143	165	12	obvious	obvious	ADJ
fbem-18143	165	13	that	that	SCONJ
fbem-18143	165	14	the	the	DET
fbem-18143	165	15	three	three	NUM
fbem-18143	165	16	modes	mode	NOUN
fbem-18143	165	17	have	have	AUX
fbem-18143	165	18	impacted	impact	VERB
fbem-18143	165	19	firms	firm	NOUN
fbem-18143	165	20	’	’	PART
fbem-18143	165	21	performance	performance	NOUN
fbem-18143	165	22	and	and	CCONJ
fbem-18143	165	23	economies	economy	NOUN
fbem-18143	165	24	profoundly	profoundly	ADV
fbem-18143	165	25	.	.	PUNCT
fbem-18143	166	1	the	the	DET
fbem-18143	166	2	macro	macro	ADJ
fbem-18143	166	3	environment	environment	NOUN
fbem-18143	166	4	undoubtedly	undoubtedly	ADV
fbem-18143	166	5	makes	make	VERB
fbem-18143	166	6	the	the	DET
fbem-18143	166	7	most	most	ADV
fbem-18143	166	8	significant	significant	ADJ
fbem-18143	166	9	level	level	NOUN
fbem-18143	166	10	of	of	ADP
fbem-18143	166	11	damage	damage	NOUN
fbem-18143	166	12	to	to	ADP
fbem-18143	166	13	the	the	DET
fbem-18143	166	14	prosperity	prosperity	NOUN
fbem-18143	166	15	of	of	ADP
fbem-18143	166	16	the	the	DET
fbem-18143	166	17	nigerian	nigerian	ADJ
fbem-18143	166	18	economy	economy	NOUN
fbem-18143	166	19	.	.	PUNCT
fbem-18143	167	1	it	it	PRON
fbem-18143	167	2	is	be	AUX
fbem-18143	167	3	the	the	DET
fbem-18143	167	4	macro	macro	ADJ
fbem-18143	167	5	factors	factor	NOUN
fbem-18143	167	6	that	that	PRON
fbem-18143	167	7	lay	lie	VERB
fbem-18143	167	8	foundations	foundation	NOUN
fbem-18143	167	9	for	for	ADP
fbem-18143	167	10	businesses	business	NOUN
fbem-18143	167	11	,	,	PUNCT
fbem-18143	167	12	and	and	CCONJ
fbem-18143	167	13	micromeso	micromeso	NOUN
fbem-18143	167	14	measures	measure	NOUN
fbem-18143	167	15	somewhat	somewhat	ADV
fbem-18143	167	16	appear	appear	VERB
fbem-18143	167	17	to	to	PART
fbem-18143	167	18	be	be	AUX
fbem-18143	167	19	inefficient	inefficient	ADJ
fbem-18143	167	20	in	in	ADP
fbem-18143	167	21	comparison	comparison	NOUN
fbem-18143	167	22	to	to	ADP
fbem-18143	167	23	the	the	DET
fbem-18143	167	24	macroscopic	macroscopic	ADJ
fbem-18143	167	25	adjustments	adjustment	NOUN
fbem-18143	167	26	.	.	PUNCT
fbem-18143	168	1	with	with	ADP
fbem-18143	168	2	respect	respect	NOUN
fbem-18143	168	3	to	to	ADP
fbem-18143	168	4	glcs	glcs	NOUN
fbem-18143	168	5	and	and	CCONJ
fbem-18143	168	6	political	political	ADJ
fbem-18143	168	7	capital	capital	NOUN
fbem-18143	168	8	,	,	PUNCT
fbem-18143	168	9	while	while	SCONJ
fbem-18143	168	10	their	their	PRON
fbem-18143	168	11	mechanisms	mechanism	NOUN
fbem-18143	168	12	are	be	AUX
fbem-18143	168	13	similar	similar	ADJ
fbem-18143	168	14	,	,	PUNCT
fbem-18143	168	15	the	the	DET
fbem-18143	168	16	influences	influence	NOUN
fbem-18143	168	17	are	be	AUX
fbem-18143	168	18	varied	varied	ADJ
fbem-18143	168	19	.	.	PUNCT
fbem-18143	169	1	both	both	CCONJ
fbem-18143	169	2	the	the	DET
fbem-18143	169	3	malaysian	malaysian	ADJ
fbem-18143	169	4	glcs	glcs	NOUN
fbem-18143	169	5	and	and	CCONJ
fbem-18143	169	6	the	the	DET
fbem-18143	169	7	chinese	chinese	ADJ
fbem-18143	169	8	politics	politics	NOUN
fbem-18143	169	9	-	-	PUNCT
fbem-18143	169	10	related	relate	VERB
fbem-18143	169	11	firms	firm	NOUN
fbem-18143	169	12	(	(	PUNCT
fbem-18143	169	13	including	include	VERB
fbem-18143	169	14	managers	manager	NOUN
fbem-18143	169	15	with	with	ADP
fbem-18143	169	16	political	political	ADJ
fbem-18143	169	17	connections	connection	NOUN
fbem-18143	169	18	and	and	CCONJ
fbem-18143	169	19	political	political	ADJ
fbem-18143	169	20	ownership	ownership	NOUN
fbem-18143	169	21	)	)	PUNCT
fbem-18143	169	22	were	be	AUX
fbem-18143	169	23	seen	see	VERB
fbem-18143	169	24	as	as	ADP
fbem-18143	169	25	the	the	DET
fbem-18143	169	26	contributors	contributor	NOUN
fbem-18143	169	27	to	to	ADP
fbem-18143	169	28	collectivism	collectivism	NOUN
fbem-18143	169	29	:	:	PUNCT
fbem-18143	169	30	they	they	PRON
fbem-18143	169	31	are	be	AUX
fbem-18143	169	32	obliged	oblige	VERB
fbem-18143	169	33	to	to	PART
fbem-18143	169	34	take	take	VERB
fbem-18143	169	35	social	social	ADJ
fbem-18143	169	36	responsibility	responsibility	NOUN
fbem-18143	169	37	.	.	PUNCT
fbem-18143	170	1	for	for	ADP
fbem-18143	170	2	that	that	PRON
fbem-18143	170	3	,	,	PUNCT
fbem-18143	170	4	their	their	PRON
fbem-18143	170	5	endeavor	endeavor	NOUN
fbem-18143	170	6	that	that	PRON
fbem-18143	170	7	comes	come	VERB
fbem-18143	170	8	with	with	ADP
fbem-18143	170	9	hard	hard	ADJ
fbem-18143	170	10	work	work	NOUN
fbem-18143	170	11	is	be	AUX
fbem-18143	170	12	undeniable	undeniable	ADJ
fbem-18143	170	13	.	.	PUNCT
fbem-18143	171	1	however	however	ADV
fbem-18143	171	2	,	,	PUNCT
fbem-18143	171	3	their	their	PRON
fbem-18143	171	4	judgements	judgement	NOUN
fbem-18143	171	5	are	be	AUX
fbem-18143	171	6	opposed	opposed	ADJ
fbem-18143	171	7	.	.	PUNCT
fbem-18143	172	1	full	full	ADJ
fbem-18143	172	2	of	of	ADP
fbem-18143	172	3	criticisms	criticism	NOUN
fbem-18143	172	4	on	on	ADP
fbem-18143	172	5	glcs	glcs	NOUN
fbem-18143	172	6	of	of	ADP
fbem-18143	172	7	crowding	crowd	VERB
fbem-18143	172	8	out	out	ADP
fbem-18143	172	9	private	private	ADJ
fbem-18143	172	10	investments	investment	NOUN
fbem-18143	172	11	,	,	PUNCT
fbem-18143	172	12	even	even	ADV
fbem-18143	172	13	elevating	elevate	VERB
fbem-18143	172	14	firms	firm	NOUN
fbem-18143	172	15	’	'	PUNCT
fbem-18143	172	16	valuation	valuation	NOUN
fbem-18143	172	17	was	be	AUX
fbem-18143	172	18	suggested	suggest	VERB
fbem-18143	172	19	not	not	PART
fbem-18143	172	20	to	to	PART
fbem-18143	172	21	be	be	AUX
fbem-18143	172	22	definitely	definitely	ADV
fbem-18143	172	23	concluded	conclude	VERB
fbem-18143	172	24	;	;	PUNCT
fbem-18143	172	25	whereas	whereas	SCONJ
fbem-18143	172	26	the	the	DET
fbem-18143	172	27	political	political	ADJ
fbem-18143	172	28	capital	capital	NOUN
fbem-18143	172	29	certainly	certainly	ADV
fbem-18143	172	30	accelerates	accelerate	VERB
fbem-18143	172	31	the	the	DET
fbem-18143	172	32	progress	progress	NOUN
fbem-18143	172	33	of	of	ADP
fbem-18143	172	34	ipo	ipo	PROPN
fbem-18143	172	35	approval	approval	NOUN
fbem-18143	172	36	,	,	PUNCT
fbem-18143	172	37	even	even	ADV
fbem-18143	172	38	with	with	ADP
fbem-18143	172	39	other	other	ADJ
fbem-18143	172	40	benefits	benefit	NOUN
fbem-18143	172	41	like	like	INTJ
fbem-18143	172	42	as	as	ADP
fbem-18143	172	43	an	an	DET
fbem-18143	172	44	catalyst	catalyst	NOUN
fbem-18143	172	45	of	of	ADP
fbem-18143	172	46	innovation	innovation	NOUN
fbem-18143	172	47	.	.	PUNCT
fbem-18143	173	1	besides	besides	SCONJ
fbem-18143	173	2	,	,	PUNCT
fbem-18143	173	3	from	from	ADP
fbem-18143	173	4	the	the	DET
fbem-18143	173	5	view	view	NOUN
fbem-18143	173	6	of	of	ADP
fbem-18143	173	7	governance	governance	NOUN
fbem-18143	173	8	,	,	PUNCT
fbem-18143	173	9	the	the	DET
fbem-18143	173	10	political	political	ADJ
fbem-18143	173	11	bridging	bridge	VERB
fbem-18143	173	12	social	social	ADJ
fbem-18143	173	13	capital	capital	NOUN
fbem-18143	173	14	and	and	CCONJ
fbem-18143	173	15	political	political	ADJ
fbem-18143	173	16	connections	connection	NOUN
fbem-18143	173	17	are	be	AUX
fbem-18143	173	18	highlighted	highlight	VERB
fbem-18143	173	19	as	as	ADP
fbem-18143	173	20	informal	informal	ADJ
fbem-18143	173	21	governance	governance	NOUN
fbem-18143	173	22	to	to	PART
fbem-18143	173	23	adjust	adjust	VERB
fbem-18143	173	24	structural	structural	ADJ
fbem-18143	173	25	deviations	deviation	NOUN
fbem-18143	173	26	.	.	PUNCT
fbem-18143	174	1	moreover	moreover	ADV
fbem-18143	174	2	,	,	PUNCT
fbem-18143	174	3	based	base	VERB
fbem-18143	174	4	on	on	ADP
fbem-18143	174	5	the	the	DET
fbem-18143	174	6	results	result	NOUN
fbem-18143	174	7	-	-	PUNCT
fbem-18143	174	8	oriented	orient	VERB
fbem-18143	174	9	perspective	perspective	NOUN
fbem-18143	174	10	,	,	PUNCT
fbem-18143	174	11	startups	startup	NOUN
fbem-18143	174	12	in	in	ADP
fbem-18143	174	13	china	china	PROPN
fbem-18143	174	14	tend	tend	VERB
fbem-18143	174	15	to	to	PART
fbem-18143	174	16	embrace	embrace	VERB
fbem-18143	174	17	political	political	ADJ
fbem-18143	174	18	capital	capital	NOUN
fbem-18143	174	19	,	,	PUNCT
fbem-18143	174	20	while	while	SCONJ
fbem-18143	174	21	the	the	DET
fbem-18143	174	22	sectors	sector	NOUN
fbem-18143	174	23	that	that	PRON
fbem-18143	174	24	glcs	glcs	NOUN
fbem-18143	174	25	intrude	intrude	NOUN
fbem-18143	174	26	have	have	VERB
fbem-18143	174	27	private	private	ADJ
fbem-18143	174	28	divestment	divestment	NOUN
fbem-18143	174	29	.	.	PUNCT
fbem-18143	175	1	overall	overall	ADV
fbem-18143	175	2	,	,	PUNCT
fbem-18143	175	3	it	it	PRON
fbem-18143	175	4	is	be	AUX
fbem-18143	175	5	the	the	DET
fbem-18143	175	6	comprehensive	comprehensive	ADJ
fbem-18143	175	7	development	development	NOUN
fbem-18143	175	8	among	among	ADP
fbem-18143	175	9	macro	macro	ADJ
fbem-18143	175	10	-	-	ADJ
fbem-18143	175	11	meso	meso	NOUN
fbem-18143	175	12	-	-	PUNCT
fbem-18143	175	13	micro	micro	NOUN
fbem-18143	175	14	determinants	determinant	NOUN
fbem-18143	175	15	that	that	PRON
fbem-18143	175	16	moves	move	VERB
fbem-18143	175	17	enterprises	enterprise	NOUN
fbem-18143	175	18	and	and	CCONJ
fbem-18143	175	19	economies	economy	NOUN
fbem-18143	175	20	forward	forward	ADV
fbem-18143	175	21	.	.	PUNCT
fbem-18143	176	1	macro	macro	NOUN
fbem-18143	176	2	-	-	NOUN
fbem-18143	176	3	environment	environment	NOUN
fbem-18143	176	4	as	as	ADP
fbem-18143	176	5	the	the	DET
fbem-18143	176	6	basis	basis	NOUN
fbem-18143	176	7	,	,	PUNCT
fbem-18143	176	8	with	with	ADP
fbem-18143	176	9	reasonable	reasonable	ADJ
fbem-18143	176	10	proportion	proportion	NOUN
fbem-18143	176	11	of	of	ADP
fbem-18143	176	12	state	state	NOUN
fbem-18143	176	13	ownership	ownership	NOUN
fbem-18143	176	14	,	,	PUNCT
fbem-18143	176	15	connections	connection	NOUN
fbem-18143	176	16	,	,	PUNCT
fbem-18143	176	17	and	and	CCONJ
fbem-18143	176	18	appropriate	appropriate	ADJ
fbem-18143	176	19	interventions	intervention	NOUN
fbem-18143	176	20	,	,	PUNCT
fbem-18143	176	21	to	to	PART
fbem-18143	176	22	achieve	achieve	VERB
fbem-18143	176	23	a	a	DET
fbem-18143	176	24	more	more	ADV
fbem-18143	176	25	effective	effective	ADJ
fbem-18143	176	26	governance	governance	NOUN
fbem-18143	176	27	as	as	ADP
fbem-18143	176	28	a	a	DET
fbem-18143	176	29	whole	whole	NOUN
fbem-18143	176	30	.	.	PUNCT
fbem-18143	177	1	5.3	5.3	NUM
fbem-18143	177	2	.	.	PUNCT
fbem-18143	177	3	reflection	reflection	NOUN
fbem-18143	177	4	to	to	PART
fbem-18143	177	5	respond	respond	VERB
fbem-18143	177	6	the	the	DET
fbem-18143	177	7	weaknesses	weakness	NOUN
fbem-18143	177	8	brought	bring	VERB
fbem-18143	177	9	by	by	ADP
fbem-18143	177	10	the	the	DET
fbem-18143	177	11	three	three	NUM
fbem-18143	177	12	modes	mode	NOUN
fbem-18143	177	13	,	,	PUNCT
fbem-18143	177	14	there	there	PRON
fbem-18143	177	15	are	be	VERB
fbem-18143	177	16	implications	implication	NOUN
fbem-18143	177	17	or	or	CCONJ
fbem-18143	177	18	actions	action	NOUN
fbem-18143	177	19	in	in	ADP
fbem-18143	177	20	progress	progress	NOUN
fbem-18143	177	21	.	.	PUNCT
fbem-18143	178	1	for	for	ADP
fbem-18143	178	2	political	political	ADJ
fbem-18143	178	3	capital	capital	NOUN
fbem-18143	178	4	in	in	ADP
fbem-18143	178	5	china	china	PROPN
fbem-18143	178	6	,	,	PUNCT
fbem-18143	178	7	more	more	ADV
fbem-18143	178	8	rigorous	rigorous	ADJ
fbem-18143	178	9	supervision	supervision	NOUN
fbem-18143	178	10	should	should	AUX
fbem-18143	178	11	be	be	AUX
fbem-18143	178	12	enforced	enforce	VERB
fbem-18143	178	13	on	on	ADP
fbem-18143	178	14	corporate	corporate	ADJ
fbem-18143	178	15	operations	operation	NOUN
fbem-18143	178	16	.	.	PUNCT
fbem-18143	179	1	lack	lack	NOUN
fbem-18143	179	2	of	of	ADP
fbem-18143	179	3	professionalism	professionalism	NOUN
fbem-18143	179	4	,	,	PUNCT
fbem-18143	179	5	ossified	ossified	ADJ
fbem-18143	179	6	management	management	NOUN
fbem-18143	179	7	,	,	PUNCT
fbem-18143	179	8	and	and	CCONJ
fbem-18143	179	9	irresponsible	irresponsible	ADJ
fbem-18143	179	10	promoting	promote	VERB
fbem-18143	179	11	behaviors	behavior	NOUN
fbem-18143	179	12	should	should	AUX
fbem-18143	179	13	be	be	AUX
fbem-18143	179	14	assessed	assess	VERB
fbem-18143	179	15	carefully	carefully	ADV
fbem-18143	179	16	,	,	PUNCT
fbem-18143	179	17	to	to	PART
fbem-18143	179	18	prevent	prevent	VERB
fbem-18143	179	19	from	from	ADP
fbem-18143	179	20	potential	potential	ADJ
fbem-18143	179	21	misconduct	misconduct	NOUN
fbem-18143	179	22	and	and	CCONJ
fbem-18143	179	23	escalated	escalate	VERB
fbem-18143	179	24	risk	risk	NOUN
fbem-18143	179	25	.	.	PUNCT
fbem-18143	180	1	in	in	ADP
fbem-18143	180	2	addition	addition	NOUN
fbem-18143	180	3	,	,	PUNCT
fbem-18143	180	4	improving	improve	VERB
fbem-18143	180	5	informal	informal	ADJ
fbem-18143	180	6	governance	governance	NOUN
fbem-18143	180	7	enhances	enhance	VERB
fbem-18143	180	8	its	its	PRON
fbem-18143	180	9	existing	exist	VERB
fbem-18143	180	10	merits	merit	NOUN
fbem-18143	180	11	.	.	PUNCT
fbem-18143	181	1	for	for	ADP
fbem-18143	181	2	glcs	glcs	NOUN
fbem-18143	181	3	in	in	ADP
fbem-18143	181	4	malaysia	malaysia	PROPN
fbem-18143	181	5	,	,	PUNCT
fbem-18143	181	6	exploiting	exploit	VERB
fbem-18143	181	7	regulated	regulated	ADJ
fbem-18143	181	8	benefits	benefit	NOUN
fbem-18143	181	9	forms	form	NOUN
fbem-18143	181	10	up	up	ADP
fbem-18143	181	11	their	their	PRON
fbem-18143	181	12	comparative	comparative	ADJ
fbem-18143	181	13	advantages	advantage	NOUN
fbem-18143	181	14	,	,	PUNCT
fbem-18143	181	15	which	which	PRON
fbem-18143	181	16	is	be	AUX
fbem-18143	181	17	in	in	ADP
fbem-18143	181	18	conformity	conformity	NOUN
fbem-18143	181	19	with	with	ADP
fbem-18143	181	20	the	the	DET
fbem-18143	181	21	optimal	optimal	ADJ
fbem-18143	181	22	utilization	utilization	NOUN
fbem-18143	181	23	of	of	ADP
fbem-18143	181	24	firms	firm	NOUN
fbem-18143	181	25	’	'	PUNCT
fbem-18143	181	26	resources	resource	NOUN
fbem-18143	181	27	.	.	PUNCT
fbem-18143	182	1	gradually	gradually	ADV
fbem-18143	182	2	guiding	guide	VERB
fbem-18143	182	3	these	these	DET
fbem-18143	182	4	companies	company	NOUN
fbem-18143	182	5	to	to	PART
fbem-18143	182	6	conduct	conduct	VERB
fbem-18143	182	7	businesses	business	NOUN
fbem-18143	182	8	orderly	orderly	ADJ
fbem-18143	182	9	,	,	PUNCT
fbem-18143	182	10	establishing	establish	VERB
fbem-18143	182	11	confidence	confidence	NOUN
fbem-18143	182	12	along	along	ADP
fbem-18143	182	13	with	with	ADP
fbem-18143	182	14	problem	problem	NOUN
fbem-18143	182	15	-	-	PUNCT
fbem-18143	182	16	resolving	resolve	VERB
fbem-18143	182	17	mechanisms	mechanism	NOUN
fbem-18143	182	18	,	,	PUNCT
fbem-18143	182	19	will	will	AUX
fbem-18143	182	20	equip	equip	VERB
fbem-18143	182	21	them	they	PRON
fbem-18143	182	22	for	for	ADP
fbem-18143	182	23	a	a	DET
fbem-18143	182	24	more	more	ADV
fbem-18143	182	25	favorable	favorable	ADJ
fbem-18143	182	26	development	development	NOUN
fbem-18143	182	27	path	path	NOUN
fbem-18143	182	28	.	.	PUNCT
fbem-18143	183	1	regarding	regard	VERB
fbem-18143	183	2	demands	demand	NOUN
fbem-18143	183	3	,	,	PUNCT
fbem-18143	183	4	in	in	ADP
fbem-18143	183	5	accordance	accordance	NOUN
fbem-18143	183	6	with	with	ADP
fbem-18143	183	7	the	the	DET
fbem-18143	183	8	theories	theory	NOUN
fbem-18143	183	9	of	of	ADP
fbem-18143	183	10	aggregate	aggregate	ADJ
fbem-18143	183	11	demand	demand	NOUN
fbem-18143	183	12	and	and	CCONJ
fbem-18143	183	13	aggregate	aggregate	ADJ
fbem-18143	183	14	supply	supply	NOUN
fbem-18143	183	15	model	model	NOUN
fbem-18143	183	16	(	(	PUNCT
fbem-18143	183	17	ad	ad	NOUN
fbem-18143	183	18	-	-	PUNCT
fbem-18143	183	19	as	as	ADP
fbem-18143	183	20	)	)	PUNCT
fbem-18143	183	21	,	,	PUNCT
fbem-18143	183	22	enlarging	enlarge	VERB
fbem-18143	183	23	demands	demand	NOUN
fbem-18143	183	24	both	both	CCONJ
fbem-18143	183	25	domestically	domestically	ADV
fbem-18143	183	26	and	and	CCONJ
fbem-18143	183	27	internationally	internationally	ADV
fbem-18143	183	28	,	,	PUNCT
fbem-18143	183	29	tends	tend	VERB
fbem-18143	183	30	to	to	PART
fbem-18143	183	31	resolve	resolve	VERB
fbem-18143	183	32	the	the	DET
fbem-18143	183	33	problem	problem	NOUN
fbem-18143	183	34	of	of	ADP
fbem-18143	183	35	crowding	crowd	VERB
fbem-18143	183	36	-	-	PUNCT
fbem-18143	183	37	out	out	ADP
fbem-18143	183	38	private	private	ADJ
fbem-18143	183	39	investment	investment	NOUN
fbem-18143	183	40	,	,	PUNCT
fbem-18143	183	41	on	on	ADP
fbem-18143	183	42	a	a	DET
fbem-18143	183	43	short	short	ADJ
fbem-18143	183	44	-	-	PUNCT
fbem-18143	183	45	term	term	NOUN
fbem-18143	183	46	basis	basis	NOUN
fbem-18143	183	47	.	.	PUNCT
fbem-18143	184	1	enlarging	enlarge	VERB
fbem-18143	184	2	effective	effective	ADJ
fbem-18143	184	3	demands	demand	NOUN
fbem-18143	184	4	,	,	PUNCT
fbem-18143	184	5	for	for	ADP
fbem-18143	184	6	example	example	NOUN
fbem-18143	184	7	,	,	PUNCT
fbem-18143	184	8	by	by	ADP
fbem-18143	184	9	public	public	ADJ
fbem-18143	184	10	sector	sector	NOUN
fbem-18143	184	11	and	and	CCONJ
fbem-18143	184	12	state	state	NOUN
fbem-18143	184	13	-	-	PUNCT
fbem-18143	184	14	owned	own	VERB
fbem-18143	184	15	enterprises	enterprise	NOUN
fbem-18143	184	16	purchasing	purchase	VERB
fbem-18143	184	17	more	more	ADJ
fbem-18143	184	18	public	public	ADJ
fbem-18143	184	19	goods	good	NOUN
fbem-18143	184	20	,	,	PUNCT
fbem-18143	184	21	initiating	initiate	VERB
fbem-18143	184	22	large	large	ADJ
fbem-18143	184	23	investment	investment	NOUN
fbem-18143	184	24	plans	plan	NOUN
fbem-18143	184	25	,	,	PUNCT
fbem-18143	184	26	and	and	CCONJ
fbem-18143	184	27	signing	sign	VERB
fbem-18143	184	28	exporting	export	VERB
fbem-18143	184	29	contracts	contract	NOUN
fbem-18143	184	30	with	with	ADP
fbem-18143	184	31	foreign	foreign	ADJ
fbem-18143	184	32	manufacturers	manufacturer	NOUN
fbem-18143	184	33	.	.	PUNCT
fbem-18143	185	1	this	this	PRON
fbem-18143	185	2	seems	seem	VERB
fbem-18143	185	3	to	to	PART
fbem-18143	185	4	be	be	AUX
fbem-18143	185	5	challenging	challenge	VERB
fbem-18143	185	6	,	,	PUNCT
fbem-18143	185	7	but	but	CCONJ
fbem-18143	185	8	if	if	SCONJ
fbem-18143	185	9	administrative	administrative	ADJ
fbem-18143	185	10	support	support	NOUN
fbem-18143	185	11	is	be	AUX
fbem-18143	185	12	obtained	obtain	VERB
fbem-18143	185	13	,	,	PUNCT
fbem-18143	185	14	it	it	PRON
fbem-18143	185	15	was	be	AUX
fbem-18143	185	16	meant	mean	VERB
fbem-18143	185	17	to	to	PART
fbem-18143	185	18	be	be	AUX
fbem-18143	185	19	tackled	tackle	VERB
fbem-18143	185	20	systematically	systematically	ADV
fbem-18143	185	21	.	.	PUNCT
fbem-18143	186	1	6	6	X
fbem-18143	186	2	.	.	X
fbem-18143	186	3	conclusion	conclusion	NOUN
fbem-18143	186	4	to	to	PART
fbem-18143	186	5	conclude	conclude	VERB
fbem-18143	186	6	,	,	PUNCT
fbem-18143	186	7	this	this	DET
fbem-18143	186	8	investigation	investigation	NOUN
fbem-18143	186	9	aims	aim	VERB
fbem-18143	186	10	to	to	PART
fbem-18143	186	11	explore	explore	VERB
fbem-18143	186	12	the	the	DET
fbem-18143	186	13	interactions	interaction	NOUN
fbem-18143	186	14	,	,	PUNCT
fbem-18143	186	15	impact	impact	NOUN
fbem-18143	186	16	,	,	PUNCT
fbem-18143	186	17	and	and	CCONJ
fbem-18143	186	18	relationship	relationship	NOUN
fbem-18143	186	19	between	between	ADP
fbem-18143	186	20	state	state	NOUN
fbem-18143	186	21	power	power	NOUN
fbem-18143	186	22	and	and	CCONJ
fbem-18143	186	23	firms	firm	NOUN
fbem-18143	186	24	’	’	PART
fbem-18143	186	25	performance	performance	NOUN
fbem-18143	186	26	.	.	PUNCT
fbem-18143	187	1	after	after	ADP
fbem-18143	187	2	a	a	DET
fbem-18143	187	3	systematic	systematic	ADJ
fbem-18143	187	4	review	review	NOUN
fbem-18143	187	5	of	of	ADP
fbem-18143	187	6	macroenvironment	macroenvironment	NOUN
fbem-18143	187	7	of	of	ADP
fbem-18143	187	8	stability	stability	NOUN
fbem-18143	187	9	,	,	PUNCT
fbem-18143	187	10	state	state	NOUN
fbem-18143	187	11	-	-	PUNCT
fbem-18143	187	12	owned	own	VERB
fbem-18143	187	13	capital	capital	NOUN
fbem-18143	187	14	,	,	PUNCT
fbem-18143	187	15	as	as	ADV
fbem-18143	187	16	well	well	ADV
fbem-18143	187	17	as	as	ADP
fbem-18143	187	18	managers	manager	NOUN
fbem-18143	187	19	with	with	ADP
fbem-18143	187	20	connections	connection	NOUN
fbem-18143	187	21	affecting	affect	VERB
fbem-18143	187	22	corporate	corporate	ADJ
fbem-18143	187	23	performance	performance	NOUN
fbem-18143	187	24	in	in	ADP
fbem-18143	187	25	dynamic	dynamic	ADJ
fbem-18143	187	26	economies	economy	NOUN
fbem-18143	187	27	,	,	PUNCT
fbem-18143	187	28	such	such	ADJ
fbem-18143	187	29	as	as	ADP
fbem-18143	187	30	china	china	PROPN
fbem-18143	187	31	,	,	PUNCT
fbem-18143	187	32	malaysia	malaysia	PROPN
fbem-18143	187	33	,	,	PUNCT
fbem-18143	187	34	and	and	CCONJ
fbem-18143	187	35	nigeria	nigeria	PROPN
fbem-18143	187	36	,	,	PUNCT
fbem-18143	187	37	this	this	DET
fbem-18143	187	38	study	study	NOUN
fbem-18143	187	39	argues	argue	VERB
fbem-18143	187	40	that	that	SCONJ
fbem-18143	187	41	political	political	ADJ
fbem-18143	187	42	capital	capital	NOUN
fbem-18143	187	43	in	in	ADP
fbem-18143	187	44	china	china	PROPN
fbem-18143	187	45	sets	set	VERB
fbem-18143	187	46	a	a	DET
fbem-18143	187	47	merited	merit	VERB
fbem-18143	187	48	example	example	NOUN
fbem-18143	187	49	of	of	ADP
fbem-18143	187	50	harnessing	harness	VERB
fbem-18143	187	51	state	state	NOUN
fbem-18143	187	52	power	power	NOUN
fbem-18143	187	53	to	to	PART
fbem-18143	187	54	facilitate	facilitate	VERB
fbem-18143	187	55	firms	firm	NOUN
fbem-18143	187	56	’	’	PART
fbem-18143	187	57	performance	performance	NOUN
fbem-18143	187	58	,	,	PUNCT
fbem-18143	187	59	while	while	SCONJ
fbem-18143	187	60	the	the	DET
fbem-18143	187	61	expansion	expansion	NOUN
fbem-18143	187	62	of	of	ADP
fbem-18143	187	63	glcs	glcs	NOUN
fbem-18143	187	64	in	in	ADP
fbem-18143	187	65	malaysia	malaysia	PROPN
fbem-18143	187	66	performs	perform	VERB
fbem-18143	187	67	in	in	ADP
fbem-18143	187	68	disequilibrium	disequilibrium	NOUN
fbem-18143	187	69	.	.	PUNCT
fbem-18143	188	1	the	the	DET
fbem-18143	188	2	second	second	ADJ
fbem-18143	188	3	major	major	ADJ
fbem-18143	188	4	finding	finding	NOUN
fbem-18143	188	5	was	be	AUX
fbem-18143	188	6	that	that	ADV
fbem-18143	188	7	macroenvironment	macroenvironment	ADJ
fbem-18143	188	8	acts	act	NOUN
fbem-18143	188	9	as	as	ADP
fbem-18143	188	10	the	the	DET
fbem-18143	188	11	infrastructure	infrastructure	NOUN
fbem-18143	188	12	of	of	ADP
fbem-18143	188	13	business	business	NOUN
fbem-18143	188	14	markets	market	NOUN
fbem-18143	188	15	.	.	PUNCT
fbem-18143	189	1	without	without	ADP
fbem-18143	189	2	such	such	ADJ
fbem-18143	189	3	existence	existence	NOUN
fbem-18143	189	4	of	of	ADP
fbem-18143	189	5	stability	stability	NOUN
fbem-18143	189	6	,	,	PUNCT
fbem-18143	189	7	micro	micro	ADJ
fbem-18143	189	8	-	-	ADJ
fbem-18143	189	9	meso	meso	ADJ
fbem-18143	189	10	adjustments	adjustment	NOUN
fbem-18143	189	11	are	be	AUX
fbem-18143	189	12	invalidated	invalidated	ADJ
fbem-18143	189	13	.	.	PUNCT
fbem-18143	190	1	it	it	PRON
fbem-18143	190	2	has	have	AUX
fbem-18143	190	3	also	also	ADV
fbem-18143	190	4	shown	show	VERB
fbem-18143	190	5	that	that	SCONJ
fbem-18143	190	6	while	while	SCONJ
fbem-18143	190	7	each	each	DET
fbem-18143	190	8	mode	mode	NOUN
fbem-18143	190	9	has	have	VERB
fbem-18143	190	10	imperfections	imperfection	NOUN
fbem-18143	190	11	,	,	PUNCT
fbem-18143	190	12	attempts	attempt	NOUN
fbem-18143	190	13	seeking	seek	VERB
fbem-18143	190	14	to	to	PART
fbem-18143	190	15	resolve	resolve	VERB
fbem-18143	190	16	flaws	flaw	NOUN
fbem-18143	190	17	were	be	AUX
fbem-18143	190	18	never	never	ADV
fbem-18143	190	19	ceased	cease	VERB
fbem-18143	190	20	,	,	PUNCT
fbem-18143	190	21	with	with	ADP
fbem-18143	190	22	joint	joint	ADJ
fbem-18143	190	23	efforts	effort	NOUN
fbem-18143	190	24	of	of	ADP
fbem-18143	190	25	governmental	governmental	ADJ
fbem-18143	190	26	programs	program	NOUN
fbem-18143	190	27	,	,	PUNCT
fbem-18143	190	28	governance	governance	NOUN
fbem-18143	190	29	,	,	PUNCT
fbem-18143	190	30	and	and	CCONJ
fbem-18143	190	31	regulations	regulation	NOUN
fbem-18143	190	32	.	.	PUNCT
fbem-18143	191	1	this	this	DET
fbem-18143	191	2	thesis	thesis	NOUN
fbem-18143	191	3	has	have	AUX
fbem-18143	191	4	provided	provide	VERB
fbem-18143	191	5	an	an	DET
fbem-18143	191	6	in	in	ADP
fbem-18143	191	7	-	-	PUNCT
fbem-18143	191	8	depth	depth	NOUN
fbem-18143	191	9	insight	insight	NOUN
fbem-18143	191	10	into	into	ADP
fbem-18143	191	11	clarifying	clarify	VERB
fbem-18143	191	12	basic	basic	ADJ
fbem-18143	191	13	concepts	concept	NOUN
fbem-18143	191	14	,	,	PUNCT
fbem-18143	191	15	analyzing	analyze	VERB
fbem-18143	191	16	pros	pro	NOUN
fbem-18143	191	17	and	and	CCONJ
fbem-18143	191	18	cons	con	NOUN
fbem-18143	191	19	of	of	ADP
fbem-18143	191	20	modes	mode	NOUN
fbem-18143	191	21	,	,	PUNCT
fbem-18143	191	22	comparing	compare	VERB
fbem-18143	191	23	differences	difference	NOUN
fbem-18143	191	24	and	and	CCONJ
fbem-18143	191	25	similarities	similarity	NOUN
fbem-18143	191	26	,	,	PUNCT
fbem-18143	191	27	and	and	CCONJ
fbem-18143	191	28	evaluating	evaluate	VERB
fbem-18143	191	29	the	the	DET
fbem-18143	191	30	actual	actual	ADJ
fbem-18143	191	31	impact	impact	NOUN
fbem-18143	191	32	along	along	ADP
fbem-18143	191	33	with	with	ADP
fbem-18143	191	34	reflections	reflection	NOUN
fbem-18143	191	35	.	.	PUNCT
fbem-18143	192	1	considerably	considerably	ADV
fbem-18143	192	2	more	more	ADJ
fbem-18143	192	3	work	work	NOUN
fbem-18143	192	4	should	should	AUX
fbem-18143	192	5	be	be	AUX
fbem-18143	192	6	done	do	VERB
fbem-18143	192	7	to	to	PART
fbem-18143	192	8	examine	examine	VERB
fbem-18143	192	9	improvements	improvement	NOUN
fbem-18143	192	10	of	of	ADP
fbem-18143	192	11	modes	mode	NOUN
fbem-18143	192	12	.	.	PUNCT
fbem-18143	193	1	15	15	NUM
fbem-18143	193	2	7	7	NUM
fbem-18143	193	3	.	.	PUNCT
fbem-18143	193	4	recommendation	recommendation	NOUN
fbem-18143	193	5	7.1	7.1	NUM
fbem-18143	193	6	.	.	PUNCT
fbem-18143	194	1	enlarging	enlarge	VERB
fbem-18143	194	2	aggregate	aggregate	ADJ
fbem-18143	194	3	demand	demand	NOUN
fbem-18143	194	4	:	:	PUNCT
fbem-18143	194	5	drivers	driver	NOUN
fbem-18143	194	6	to	to	PART
fbem-18143	194	7	grow	grow	VERB
fbem-18143	194	8	the	the	DET
fbem-18143	194	9	macro	macro	ADJ
fbem-18143	194	10	-	-	NOUN
fbem-18143	194	11	level	level	NOUN
fbem-18143	194	12	plans	plan	NOUN
fbem-18143	194	13	should	should	AUX
fbem-18143	194	14	be	be	AUX
fbem-18143	194	15	drafted	draft	VERB
fbem-18143	194	16	by	by	ADP
fbem-18143	194	17	governments	government	NOUN
fbem-18143	194	18	to	to	PART
fbem-18143	194	19	facilitate	facilitate	VERB
fbem-18143	194	20	economic	economic	ADJ
fbem-18143	194	21	growth	growth	NOUN
fbem-18143	194	22	.	.	PUNCT
fbem-18143	195	1	the	the	DET
fbem-18143	195	2	expansion	expansion	NOUN
fbem-18143	195	3	of	of	ADP
fbem-18143	195	4	aggregate	aggregate	ADJ
fbem-18143	195	5	demand	demand	NOUN
fbem-18143	195	6	effectively	effectively	ADV
fbem-18143	195	7	confronts	confront	VERB
fbem-18143	195	8	the	the	DET
fbem-18143	195	9	reverse	reverse	ADJ
fbem-18143	195	10	aggregate	aggregate	ADJ
fbem-18143	195	11	demand	demand	NOUN
fbem-18143	195	12	shock	shock	NOUN
fbem-18143	195	13	and	and	CCONJ
fbem-18143	195	14	stabilizes	stabilize	VERB
fbem-18143	195	15	the	the	DET
fbem-18143	195	16	economic	economic	ADJ
fbem-18143	195	17	activities	activity	NOUN
fbem-18143	195	18	.	.	PUNCT
fbem-18143	196	1	the	the	DET
fbem-18143	196	2	aggregate	aggregate	ADJ
fbem-18143	196	3	demand	demand	NOUN
fbem-18143	196	4	consists	consist	VERB
fbem-18143	196	5	of	of	ADP
fbem-18143	196	6	consumption	consumption	NOUN
fbem-18143	196	7	demand	demand	NOUN
fbem-18143	196	8	,	,	PUNCT
fbem-18143	196	9	investment	investment	NOUN
fbem-18143	196	10	demand	demand	NOUN
fbem-18143	196	11	,	,	PUNCT
fbem-18143	196	12	government	government	NOUN
fbem-18143	196	13	demand	demand	NOUN
fbem-18143	196	14	,	,	PUNCT
fbem-18143	196	15	and	and	CCONJ
fbem-18143	196	16	export	export	NOUN
fbem-18143	196	17	demand	demand	NOUN
fbem-18143	196	18	,	,	PUNCT
fbem-18143	196	19	of	of	ADP
fbem-18143	196	20	which	which	PRON
fbem-18143	196	21	consumption	consumption	NOUN
fbem-18143	196	22	demand	demand	NOUN
fbem-18143	196	23	,	,	PUNCT
fbem-18143	196	24	investment	investment	NOUN
fbem-18143	196	25	demand	demand	NOUN
fbem-18143	196	26	and	and	CCONJ
fbem-18143	196	27	government	government	NOUN
fbem-18143	196	28	demand	demand	NOUN
fbem-18143	196	29	are	be	AUX
fbem-18143	196	30	the	the	DET
fbem-18143	196	31	internal	internal	ADJ
fbem-18143	196	32	driving	driving	NOUN
fbem-18143	196	33	factors	factor	NOUN
fbem-18143	196	34	,	,	PUNCT
fbem-18143	196	35	and	and	CCONJ
fbem-18143	196	36	net	net	ADJ
fbem-18143	196	37	exports	export	NOUN
fbem-18143	196	38	are	be	AUX
fbem-18143	196	39	the	the	DET
fbem-18143	196	40	external	external	ADJ
fbem-18143	196	41	factor	factor	NOUN
fbem-18143	196	42	.	.	PUNCT
fbem-18143	197	1	it	it	PRON
fbem-18143	197	2	is	be	AUX
fbem-18143	197	3	the	the	DET
fbem-18143	197	4	major	major	ADJ
fbem-18143	197	5	contributor	contributor	NOUN
fbem-18143	197	6	that	that	PRON
fbem-18143	197	7	almost	almost	ADV
fbem-18143	197	8	guarantees	guarantee	VERB
fbem-18143	197	9	short	short	ADJ
fbem-18143	197	10	-	-	PUNCT
fbem-18143	197	11	term	term	NOUN
fbem-18143	197	12	growing	growing	NOUN
fbem-18143	197	13	.	.	PUNCT
fbem-18143	198	1	7.2	7.2	NUM
fbem-18143	198	2	.	.	PUNCT
fbem-18143	198	3	implementing	implement	VERB
fbem-18143	198	4	reforms	reform	NOUN
fbem-18143	198	5	:	:	PUNCT
fbem-18143	198	6	the	the	DET
fbem-18143	198	7	optimization	optimization	NOUN
fbem-18143	198	8	of	of	ADP
fbem-18143	198	9	economic	economic	ADJ
fbem-18143	198	10	structure	structure	NOUN
fbem-18143	198	11	successful	successful	ADJ
fbem-18143	198	12	reforms	reform	NOUN
fbem-18143	198	13	,	,	PUNCT
fbem-18143	198	14	such	such	ADJ
fbem-18143	198	15	as	as	ADP
fbem-18143	198	16	‘	'	PUNCT
fbem-18143	198	17	reform	reform	NOUN
fbem-18143	198	18	and	and	CCONJ
fbem-18143	198	19	opening	opening	NOUN
fbem-18143	198	20	-	-	PUNCT
fbem-18143	198	21	up	up	NOUN
fbem-18143	198	22	’	'	PUNCT
fbem-18143	198	23	,	,	PUNCT
fbem-18143	198	24	raise	raise	VERB
fbem-18143	198	25	productivity	productivity	NOUN
fbem-18143	198	26	as	as	ADP
fbem-18143	198	27	a	a	DET
fbem-18143	198	28	long	long	ADJ
fbem-18143	198	29	-	-	PUNCT
fbem-18143	198	30	term	term	NOUN
fbem-18143	198	31	driver	driver	NOUN
fbem-18143	198	32	.	.	PUNCT
fbem-18143	199	1	reforming	reform	VERB
fbem-18143	199	2	on	on	ADP
fbem-18143	199	3	economic	economic	ADJ
fbem-18143	199	4	structures	structure	NOUN
fbem-18143	199	5	shifts	shift	NOUN
fbem-18143	199	6	pattern	pattern	NOUN
fbem-18143	199	7	to	to	PART
fbem-18143	199	8	grow	grow	VERB
fbem-18143	199	9	,	,	PUNCT
fbem-18143	199	10	and	and	CCONJ
fbem-18143	199	11	to	to	PART
fbem-18143	199	12	gain	gain	VERB
fbem-18143	199	13	a	a	DET
fbem-18143	199	14	rejuvenated	rejuvenated	ADJ
fbem-18143	199	15	economy	economy	NOUN
fbem-18143	199	16	.	.	PUNCT
fbem-18143	200	1	on	on	ADP
fbem-18143	200	2	the	the	DET
fbem-18143	200	3	one	one	NUM
fbem-18143	200	4	hand	hand	NOUN
fbem-18143	200	5	,	,	PUNCT
fbem-18143	200	6	the	the	DET
fbem-18143	200	7	optimization	optimization	NOUN
fbem-18143	200	8	of	of	ADP
fbem-18143	200	9	capital	capital	NOUN
fbem-18143	200	10	structure	structure	NOUN
fbem-18143	200	11	is	be	AUX
fbem-18143	200	12	influential	influential	ADJ
fbem-18143	200	13	in	in	ADP
fbem-18143	200	14	maintaining	maintain	VERB
fbem-18143	200	15	the	the	DET
fbem-18143	200	16	healthy	healthy	ADJ
fbem-18143	200	17	development	development	NOUN
fbem-18143	200	18	of	of	ADP
fbem-18143	200	19	the	the	DET
fbem-18143	200	20	economy	economy	NOUN
fbem-18143	200	21	;	;	PUNCT
fbem-18143	200	22	on	on	ADP
fbem-18143	200	23	the	the	DET
fbem-18143	200	24	other	other	ADJ
fbem-18143	200	25	hand	hand	NOUN
fbem-18143	200	26	,	,	PUNCT
fbem-18143	200	27	it	it	PRON
fbem-18143	200	28	is	be	AUX
fbem-18143	200	29	necessary	necessary	ADJ
fbem-18143	200	30	to	to	PART
fbem-18143	200	31	guide	guide	VERB
fbem-18143	200	32	capital	capital	NOUN
fbem-18143	200	33	to	to	PART
fbem-18143	200	34	invest	invest	VERB
fbem-18143	200	35	in	in	ADP
fbem-18143	200	36	industries	industry	NOUN
fbem-18143	200	37	with	with	ADP
fbem-18143	200	38	high	high	ADJ
fbem-18143	200	39	growth	growth	NOUN
fbem-18143	200	40	potentials	potential	NOUN
fbem-18143	200	41	and	and	CCONJ
fbem-18143	200	42	give	give	VERB
fbem-18143	200	43	full	full	ADJ
fbem-18143	200	44	play	play	NOUN
fbem-18143	200	45	to	to	ADP
fbem-18143	200	46	the	the	DET
fbem-18143	200	47	applicability	applicability	NOUN
fbem-18143	200	48	of	of	ADP
fbem-18143	200	49	capital	capital	NOUN
fbem-18143	200	50	to	to	PART
fbem-18143	200	51	enhance	enhance	VERB
fbem-18143	200	52	the	the	DET
fbem-18143	200	53	industrial	industrial	ADJ
fbem-18143	200	54	economy	economy	NOUN
fbem-18143	200	55	.	.	PUNCT
fbem-18143	201	1	for	for	ADP
fbem-18143	201	2	example	example	NOUN
fbem-18143	201	3	,	,	PUNCT
fbem-18143	201	4	the	the	DET
fbem-18143	201	5	‘	'	PUNCT
fbem-18143	201	6	supply	supply	NOUN
fbem-18143	201	7	-	-	PUNCT
fbem-18143	201	8	side	side	NOUN
fbem-18143	201	9	structural	structural	ADJ
fbem-18143	201	10	reform	reform	NOUN
fbem-18143	201	11	’	'	PUNCT
fbem-18143	201	12	has	have	AUX
fbem-18143	201	13	been	be	AUX
fbem-18143	201	14	very	very	ADV
fbem-18143	201	15	successful	successful	ADJ
fbem-18143	201	16	in	in	ADP
fbem-18143	201	17	china	china	PROPN
fbem-18143	201	18	.	.	PUNCT
fbem-18143	202	1	while	while	SCONJ
fbem-18143	202	2	policies	policy	NOUN
fbem-18143	202	3	stimulating	stimulate	VERB
fbem-18143	202	4	effective	effective	ADJ
fbem-18143	202	5	demand	demand	NOUN
fbem-18143	202	6	can	can	AUX
fbem-18143	202	7	boost	boost	VERB
fbem-18143	202	8	economic	economic	ADJ
fbem-18143	202	9	growth	growth	NOUN
fbem-18143	202	10	in	in	ADP
fbem-18143	202	11	the	the	DET
fbem-18143	202	12	short	short	ADJ
fbem-18143	202	13	term	term	NOUN
fbem-18143	202	14	,	,	PUNCT
fbem-18143	202	15	in	in	ADP
fbem-18143	202	16	the	the	DET
fbem-18143	202	17	long	long	ADJ
fbem-18143	202	18	run	run	NOUN
fbem-18143	202	19	,	,	PUNCT
fbem-18143	202	20	aggregate	aggregate	ADJ
fbem-18143	202	21	supply	supply	NOUN
fbem-18143	202	22	is	be	AUX
fbem-18143	202	23	affected	affect	VERB
fbem-18143	202	24	by	by	ADP
fbem-18143	202	25	very	very	ADV
fbem-18143	202	26	limited	limited	ADJ
fbem-18143	202	27	factors	factor	NOUN
fbem-18143	202	28	such	such	ADJ
fbem-18143	202	29	as	as	ADP
fbem-18143	202	30	factors	factor	NOUN
fbem-18143	202	31	of	of	ADP
fbem-18143	202	32	production	production	NOUN
fbem-18143	202	33	or	or	CCONJ
fbem-18143	202	34	production	production	NOUN
fbem-18143	202	35	efficiency	efficiency	NOUN
fbem-18143	202	36	.	.	PUNCT
fbem-18143	203	1	thus	thus	ADV
fbem-18143	203	2	,	,	PUNCT
fbem-18143	203	3	the	the	DET
fbem-18143	203	4	necessity	necessity	NOUN
fbem-18143	203	5	of	of	ADP
fbem-18143	203	6	reforming	reform	VERB
fbem-18143	203	7	emerged	emerge	VERB
fbem-18143	203	8	,	,	PUNCT
fbem-18143	203	9	and	and	CCONJ
fbem-18143	203	10	structural	structural	ADJ
fbem-18143	203	11	adjustments	adjustment	NOUN
fbem-18143	203	12	are	be	AUX
fbem-18143	203	13	most	most	ADV
fbem-18143	203	14	urgently	urgently	ADV
fbem-18143	203	15	.	.	PUNCT
fbem-18143	204	1	policymakers	policymaker	NOUN
fbem-18143	204	2	are	be	AUX
fbem-18143	204	3	required	require	VERB
fbem-18143	204	4	to	to	PART
fbem-18143	204	5	fully	fully	ADV
fbem-18143	204	6	understand	understand	VERB
fbem-18143	204	7	the	the	DET
fbem-18143	204	8	basic	basic	ADJ
fbem-18143	204	9	situation	situation	NOUN
fbem-18143	204	10	of	of	ADP
fbem-18143	204	11	the	the	DET
fbem-18143	204	12	market	market	NOUN
fbem-18143	204	13	and	and	CCONJ
fbem-18143	204	14	ensure	ensure	VERB
fbem-18143	204	15	that	that	SCONJ
fbem-18143	204	16	the	the	DET
fbem-18143	204	17	implementation	implementation	NOUN
fbem-18143	204	18	of	of	ADP
fbem-18143	204	19	policies	policy	NOUN
fbem-18143	204	20	is	be	AUX
fbem-18143	204	21	effectively	effectively	ADV
fbem-18143	204	22	enforced	enforce	VERB
fbem-18143	204	23	,	,	PUNCT
fbem-18143	204	24	preventing	prevent	VERB
fbem-18143	204	25	the	the	DET
fbem-18143	204	26	possibilities	possibility	NOUN
fbem-18143	204	27	of	of	ADP
fbem-18143	204	28	overcorrecting	overcorrecte	VERB
fbem-18143	204	29	the	the	DET
fbem-18143	204	30	market	market	NOUN
fbem-18143	204	31	.	.	PUNCT
fbem-18143	205	1	7.3	7.3	NUM
fbem-18143	205	2	.	.	PUNCT
fbem-18143	206	1	strengthening	strengthen	VERB
fbem-18143	206	2	meticulous	meticulous	ADJ
fbem-18143	206	3	supervision	supervision	NOUN
fbem-18143	206	4	:	:	PUNCT
fbem-18143	206	5	to	to	PART
fbem-18143	206	6	mitigate	mitigate	VERB
fbem-18143	206	7	market	market	NOUN
fbem-18143	206	8	misconduct	misconduct	NOUN
fbem-18143	206	9	improvements	improvement	NOUN
fbem-18143	206	10	in	in	ADP
fbem-18143	206	11	effectiveness	effectiveness	NOUN
fbem-18143	206	12	and	and	CCONJ
fbem-18143	206	13	pertinence	pertinence	NOUN
fbem-18143	206	14	of	of	ADP
fbem-18143	206	15	market	market	NOUN
fbem-18143	206	16	supervision	supervision	NOUN
fbem-18143	206	17	,	,	PUNCT
fbem-18143	206	18	intensifying	intensify	VERB
fbem-18143	206	19	supervision	supervision	NOUN
fbem-18143	206	20	on	on	ADP
fbem-18143	206	21	market	market	NOUN
fbem-18143	206	22	misconduct	misconduct	NOUN
fbem-18143	206	23	.	.	PUNCT
fbem-18143	207	1	numerous	numerous	ADJ
fbem-18143	207	2	examples	example	NOUN
fbem-18143	207	3	illustrate	illustrate	VERB
fbem-18143	207	4	the	the	DET
fbem-18143	207	5	seriousness	seriousness	NOUN
fbem-18143	207	6	of	of	ADP
fbem-18143	207	7	enhancing	enhance	VERB
fbem-18143	207	8	supervision	supervision	NOUN
fbem-18143	207	9	:	:	PUNCT
fbem-18143	207	10	suspicion	suspicion	NOUN
fbem-18143	207	11	of	of	ADP
fbem-18143	207	12	insider	insider	NOUN
fbem-18143	207	13	trading	trading	NOUN
fbem-18143	207	14	,	,	PUNCT
fbem-18143	207	15	market	market	NOUN
fbem-18143	207	16	manipulation	manipulation	NOUN
fbem-18143	207	17	,	,	PUNCT
fbem-18143	207	18	and	and	CCONJ
fbem-18143	207	19	other	other	ADJ
fbem-18143	207	20	violations	violation	NOUN
fbem-18143	207	21	of	of	ADP
fbem-18143	207	22	regulations	regulation	NOUN
fbem-18143	207	23	;	;	PUNCT
fbem-18143	207	24	second	second	X
fbem-18143	207	25	,	,	PUNCT
fbem-18143	207	26	the	the	DET
fbem-18143	207	27	anomalies	anomaly	NOUN
fbem-18143	207	28	of	of	ADP
fbem-18143	207	29	trading	trading	NOUN
fbem-18143	207	30	price	price	NOUN
fbem-18143	207	31	or	or	CCONJ
fbem-18143	207	32	trading	trading	NOUN
fbem-18143	207	33	volume	volume	NOUN
fbem-18143	207	34	of	of	ADP
fbem-18143	207	35	securities	security	NOUN
fbem-18143	207	36	;	;	PUNCT
fbem-18143	207	37	abnormal	abnormal	ADJ
fbem-18143	207	38	trading	trading	NOUN
fbem-18143	207	39	behaviors	behavior	NOUN
fbem-18143	207	40	affecting	affect	VERB
fbem-18143	207	41	market	market	NOUN
fbem-18143	207	42	prices	price	NOUN
fbem-18143	207	43	or	or	CCONJ
fbem-18143	207	44	trading	trading	NOUN
fbem-18143	207	45	volume	volume	NOUN
fbem-18143	207	46	.	.	PUNCT
fbem-18143	208	1	strengthening	strengthen	VERB
fbem-18143	208	2	supervision	supervision	NOUN
fbem-18143	208	3	lessens	lessen	VERB
fbem-18143	208	4	such	such	ADJ
fbem-18143	208	5	disgraceful	disgraceful	ADJ
fbem-18143	208	6	behaviors	behavior	NOUN
fbem-18143	208	7	,	,	PUNCT
fbem-18143	208	8	and	and	CCONJ
fbem-18143	208	9	thus	thus	ADV
fbem-18143	208	10	fosters	foster	VERB
fbem-18143	208	11	a	a	DET
fbem-18143	208	12	business	business	NOUN
fbem-18143	208	13	environment	environment	NOUN
fbem-18143	208	14	.	.	PUNCT
fbem-18143	209	1	there	there	PRON
fbem-18143	209	2	are	be	VERB
fbem-18143	209	3	noticeable	noticeable	ADJ
fbem-18143	209	4	matters	matter	NOUN
fbem-18143	209	5	along	along	ADP
fbem-18143	209	6	with	with	ADP
fbem-18143	209	7	the	the	DET
fbem-18143	209	8	enhancement	enhancement	NOUN
fbem-18143	209	9	of	of	ADP
fbem-18143	209	10	supervision	supervision	NOUN
fbem-18143	209	11	:	:	PUNCT
fbem-18143	209	12	firstly	firstly	ADV
fbem-18143	209	13	,	,	PUNCT
fbem-18143	209	14	it	it	PRON
fbem-18143	209	15	is	be	AUX
fbem-18143	209	16	necessary	necessary	ADJ
fbem-18143	209	17	to	to	PART
fbem-18143	209	18	remain	remain	VERB
fbem-18143	209	19	stability	stability	NOUN
fbem-18143	209	20	,	,	PUNCT
fbem-18143	209	21	because	because	SCONJ
fbem-18143	209	22	a	a	DET
fbem-18143	209	23	stable	stable	ADJ
fbem-18143	209	24	market	market	NOUN
fbem-18143	209	25	operates	operate	VERB
fbem-18143	209	26	as	as	ADP
fbem-18143	209	27	the	the	DET
fbem-18143	209	28	infrastructure	infrastructure	NOUN
fbem-18143	209	29	of	of	ADP
fbem-18143	209	30	business	business	NOUN
fbem-18143	209	31	activities	activity	NOUN
fbem-18143	209	32	.	.	PUNCT
fbem-18143	210	1	the	the	DET
fbem-18143	210	2	importance	importance	NOUN
fbem-18143	210	3	of	of	ADP
fbem-18143	210	4	the	the	DET
fbem-18143	210	5	stability	stability	NOUN
fbem-18143	210	6	of	of	ADP
fbem-18143	210	7	the	the	DET
fbem-18143	210	8	financial	financial	ADJ
fbem-18143	210	9	system	system	NOUN
fbem-18143	210	10	is	be	AUX
fbem-18143	210	11	well	well	ADV
fbem-18143	210	12	illustrated	illustrate	VERB
fbem-18143	210	13	by	by	ADP
fbem-18143	210	14	the	the	DET
fbem-18143	210	15	example	example	NOUN
fbem-18143	210	16	of	of	ADP
fbem-18143	210	17	nigeria	nigeria	PROPN
fbem-18143	210	18	,	,	PUNCT
fbem-18143	210	19	as	as	SCONJ
fbem-18143	210	20	no	no	DET
fbem-18143	210	21	enterprises	enterprise	NOUN
fbem-18143	210	22	would	would	AUX
fbem-18143	210	23	sustain	sustain	VERB
fbem-18143	210	24	if	if	SCONJ
fbem-18143	210	25	their	their	PRON
fbem-18143	210	26	legitimate	legitimate	ADJ
fbem-18143	210	27	status	status	NOUN
fbem-18143	210	28	were	be	AUX
fbem-18143	210	29	proscribed	proscribe	VERB
fbem-18143	210	30	,	,	PUNCT
fbem-18143	210	31	or	or	CCONJ
fbem-18143	210	32	its	its	PRON
fbem-18143	210	33	original	original	ADJ
fbem-18143	210	34	status	status	NOUN
fbem-18143	210	35	was	be	AUX
fbem-18143	210	36	claimed	claim	VERB
fbem-18143	210	37	outlawed	outlaw	VERB
fbem-18143	210	38	.	.	PUNCT
fbem-18143	211	1	the	the	DET
fbem-18143	211	2	second	second	NOUN
fbem-18143	211	3	is	be	AUX
fbem-18143	211	4	to	to	PART
fbem-18143	211	5	recognize	recognize	VERB
fbem-18143	211	6	and	and	CCONJ
fbem-18143	211	7	maintain	maintain	VERB
fbem-18143	211	8	the	the	DET
fbem-18143	211	9	subtle	subtle	ADJ
fbem-18143	211	10	balance	balance	NOUN
fbem-18143	211	11	.	.	PUNCT
fbem-18143	212	1	any	any	DET
fbem-18143	212	2	political	political	ADJ
fbem-18143	212	3	judgment	judgment	NOUN
fbem-18143	212	4	needs	need	VERB
fbem-18143	212	5	to	to	PART
fbem-18143	212	6	be	be	AUX
fbem-18143	212	7	assessed	assess	VERB
fbem-18143	212	8	through	through	ADP
fbem-18143	212	9	scientific	scientific	ADJ
fbem-18143	212	10	decision	decision	NOUN
fbem-18143	212	11	-	-	PUNCT
fbem-18143	212	12	making	make	VERB
fbem-18143	212	13	processes	process	NOUN
fbem-18143	212	14	,	,	PUNCT
fbem-18143	212	15	as	as	SCONJ
fbem-18143	212	16	the	the	DET
fbem-18143	212	17	slightest	slight	ADJ
fbem-18143	212	18	act	act	NOUN
fbem-18143	212	19	of	of	ADP
fbem-18143	212	20	government	government	NOUN
fbem-18143	212	21	can	can	AUX
fbem-18143	212	22	have	have	VERB
fbem-18143	212	23	dramatic	dramatic	ADJ
fbem-18143	212	24	amplification	amplification	NOUN
fbem-18143	212	25	effects	effect	NOUN
fbem-18143	212	26	.	.	PUNCT
fbem-18143	213	1	cracking	crack	VERB
fbem-18143	213	2	down	down	ADP
fbem-18143	213	3	on	on	ADP
fbem-18143	213	4	rent	rent	NOUN
fbem-18143	213	5	-	-	PUNCT
fbem-18143	213	6	seeking	seek	VERB
fbem-18143	213	7	behavior	behavior	NOUN
fbem-18143	213	8	should	should	AUX
fbem-18143	213	9	not	not	PART
fbem-18143	213	10	excessively	excessively	ADV
fbem-18143	213	11	utilize	utilize	VERB
fbem-18143	213	12	regulated	regulated	ADJ
fbem-18143	213	13	power	power	NOUN
fbem-18143	213	14	,	,	PUNCT
fbem-18143	213	15	thereby	thereby	ADV
fbem-18143	213	16	it	it	PRON
fbem-18143	213	17	deters	deter	VERB
fbem-18143	213	18	investors	investor	NOUN
fbem-18143	213	19	,	,	PUNCT
fbem-18143	213	20	constraining	constrain	VERB
fbem-18143	213	21	investment	investment	NOUN
fbem-18143	213	22	&	&	CCONJ
fbem-18143	213	23	financing	financing	NOUN
fbem-18143	213	24	intentions	intention	NOUN
fbem-18143	213	25	,	,	PUNCT
fbem-18143	213	26	and	and	CCONJ
fbem-18143	213	27	thus	thus	ADV
fbem-18143	213	28	making	make	VERB
fbem-18143	213	29	the	the	DET
fbem-18143	213	30	market	market	NOUN
fbem-18143	213	31	inactive	inactive	ADJ
fbem-18143	213	32	;	;	PUNCT
fbem-18143	213	33	nor	nor	CCONJ
fbem-18143	213	34	can	can	AUX
fbem-18143	213	35	it	it	PRON
fbem-18143	213	36	be	be	AUX
fbem-18143	213	37	deregulated	deregulate	VERB
fbem-18143	213	38	,	,	PUNCT
fbem-18143	213	39	which	which	PRON
fbem-18143	213	40	potentially	potentially	ADV
fbem-18143	213	41	leads	lead	VERB
fbem-18143	213	42	to	to	ADP
fbem-18143	213	43	a	a	DET
fbem-18143	213	44	sharp	sharp	ADJ
fbem-18143	213	45	decline	decline	NOUN
fbem-18143	213	46	in	in	ADP
fbem-18143	213	47	the	the	DET
fbem-18143	213	48	quality	quality	NOUN
fbem-18143	213	49	of	of	ADP
fbem-18143	213	50	financing	financing	NOUN
fbem-18143	213	51	,	,	PUNCT
fbem-18143	213	52	hurts	hurt	VERB
fbem-18143	213	53	the	the	DET
fbem-18143	213	54	interests	interest	NOUN
fbem-18143	213	55	of	of	ADP
fbem-18143	213	56	investors	investor	NOUN
fbem-18143	213	57	.	.	PUNCT
fbem-18143	214	1	7.4	7.4	NUM
fbem-18143	214	2	.	.	PUNCT
fbem-18143	215	1	establishing	establish	VERB
fbem-18143	215	2	a	a	DET
fbem-18143	215	3	holistic	holistic	ADJ
fbem-18143	215	4	system	system	NOUN
fbem-18143	215	5	:	:	PUNCT
fbem-18143	215	6	for	for	ADP
fbem-18143	215	7	evaluating	evaluate	VERB
fbem-18143	215	8	multi	multi	ADJ
fbem-18143	215	9	-	-	ADJ
fbem-18143	215	10	faceted	faceted	ADJ
fbem-18143	215	11	value	value	NOUN
fbem-18143	215	12	previous	previous	ADJ
fbem-18143	215	13	studies	study	NOUN
fbem-18143	215	14	on	on	ADP
fbem-18143	215	15	evaluating	evaluate	VERB
fbem-18143	215	16	value	value	NOUN
fbem-18143	215	17	creation	creation	NOUN
fbem-18143	215	18	(	(	PUNCT
fbem-18143	215	19	tobin	tobin	PROPN
fbem-18143	215	20	’s	’s	PART
fbem-18143	215	21	q	q	NOUN
fbem-18143	215	22	,	,	PUNCT
fbem-18143	215	23	stock	stock	NOUN
fbem-18143	215	24	return	return	NOUN
fbem-18143	215	25	)	)	PUNCT
fbem-18143	215	26	have	have	AUX
fbem-18143	215	27	not	not	PART
fbem-18143	215	28	yet	yet	ADV
fbem-18143	215	29	dealt	deal	VERB
fbem-18143	215	30	with	with	ADP
fbem-18143	215	31	the	the	DET
fbem-18143	215	32	creation	creation	NOUN
fbem-18143	215	33	of	of	ADP
fbem-18143	215	34	social	social	ADJ
fbem-18143	215	35	value	value	NOUN
fbem-18143	215	36	.	.	PUNCT
fbem-18143	216	1	constructing	construct	VERB
fbem-18143	216	2	a	a	DET
fbem-18143	216	3	more	more	ADV
fbem-18143	216	4	comprehensive	comprehensive	ADJ
fbem-18143	216	5	system	system	NOUN
fbem-18143	216	6	that	that	PRON
fbem-18143	216	7	allows	allow	VERB
fbem-18143	216	8	other	other	ADJ
fbem-18143	216	9	aspects	aspect	NOUN
fbem-18143	216	10	,	,	PUNCT
fbem-18143	216	11	such	such	ADJ
fbem-18143	216	12	as	as	ADP
fbem-18143	216	13	social	social	ADJ
fbem-18143	216	14	contributions	contribution	NOUN
fbem-18143	216	15	,	,	PUNCT
fbem-18143	216	16	biodiversity	biodiversity	NOUN
fbem-18143	216	17	,	,	PUNCT
fbem-18143	216	18	and	and	CCONJ
fbem-18143	216	19	industrial	industrial	ADJ
fbem-18143	216	20	harmonization	harmonization	NOUN
fbem-18143	216	21	,	,	PUNCT
fbem-18143	216	22	to	to	PART
fbem-18143	216	23	be	be	AUX
fbem-18143	216	24	reviewed	review	VERB
fbem-18143	216	25	as	as	ADP
fbem-18143	216	26	firms	firm	NOUN
fbem-18143	216	27	’	’	PART
fbem-18143	216	28	performance	performance	NOUN
fbem-18143	216	29	,	,	PUNCT
fbem-18143	216	30	as	as	ADV
fbem-18143	216	31	well	well	ADV
fbem-18143	216	32	as	as	ADP
fbem-18143	216	33	economic	economic	ADJ
fbem-18143	216	34	coordination	coordination	NOUN
fbem-18143	216	35	.	.	PUNCT
fbem-18143	217	1	the	the	DET
fbem-18143	217	2	system	system	NOUN
fbem-18143	217	3	should	should	AUX
fbem-18143	217	4	be	be	AUX
fbem-18143	217	5	holistic	holistic	ADJ
fbem-18143	217	6	,	,	PUNCT
fbem-18143	217	7	with	with	ADP
fbem-18143	217	8	extra	extra	ADJ
fbem-18143	217	9	attention	attention	NOUN
fbem-18143	217	10	to	to	ADP
fbem-18143	217	11	the	the	DET
fbem-18143	217	12	selection	selection	NOUN
fbem-18143	217	13	of	of	ADP
fbem-18143	217	14	evaluation	evaluation	NOUN
fbem-18143	217	15	methods	method	NOUN
fbem-18143	217	16	and	and	CCONJ
fbem-18143	217	17	clarifying	clarify	VERB
fbem-18143	217	18	the	the	DET
fbem-18143	217	19	conceptual	conceptual	ADJ
fbem-18143	217	20	models	model	NOUN
fbem-18143	217	21	for	for	ADP
fbem-18143	217	22	the	the	DET
fbem-18143	217	23	construction	construction	NOUN
fbem-18143	217	24	of	of	ADP
fbem-18143	217	25	the	the	DET
fbem-18143	217	26	evaluation	evaluation	NOUN
fbem-18143	217	27	index	index	NOUN
fbem-18143	217	28	system	system	NOUN
fbem-18143	217	29	.	.	PUNCT
fbem-18143	218	1	eventually	eventually	ADV
fbem-18143	218	2	,	,	PUNCT
fbem-18143	218	3	the	the	DET
fbem-18143	218	4	system	system	NOUN
fbem-18143	218	5	anticipates	anticipate	VERB
fbem-18143	218	6	elevating	elevate	VERB
fbem-18143	218	7	the	the	DET
fbem-18143	218	8	standards	standard	NOUN
fbem-18143	218	9	of	of	ADP
fbem-18143	218	10	firms	firm	NOUN
fbem-18143	218	11	’	'	PUNCT
fbem-18143	218	12	assessments	assessment	NOUN
fbem-18143	218	13	,	,	PUNCT
fbem-18143	218	14	the	the	DET
fbem-18143	218	15	quality	quality	NOUN
fbem-18143	218	16	of	of	ADP
fbem-18143	218	17	financing	financing	NOUN
fbem-18143	218	18	,	,	PUNCT
fbem-18143	218	19	the	the	DET
fbem-18143	218	20	effectiveness	effectiveness	NOUN
fbem-18143	218	21	of	of	ADP
fbem-18143	218	22	markets	market	NOUN
fbem-18143	218	23	,	,	PUNCT
fbem-18143	218	24	and	and	CCONJ
fbem-18143	218	25	thus	thus	ADV
fbem-18143	218	26	fostering	foster	VERB
fbem-18143	218	27	a	a	DET
fbem-18143	218	28	healthier	healthy	ADJ
fbem-18143	218	29	,	,	PUNCT
fbem-18143	218	30	sustainable	sustainable	ADJ
fbem-18143	218	31	,	,	PUNCT
fbem-18143	218	32	and	and	CCONJ
fbem-18143	218	33	balanced	balanced	ADJ
fbem-18143	218	34	economic	economic	ADJ
fbem-18143	218	35	prospect	prospect	NOUN
fbem-18143	218	36	.	.	PUNCT
fbem-18143	219	1	references	reference	NOUN
fbem-18143	219	2	[	[	X
fbem-18143	219	3	1	1	NUM
fbem-18143	219	4	]	]	PUNCT
fbem-18143	219	5	sachs	sachs	NOUN
fbem-18143	219	6	,	,	PUNCT
fbem-18143	219	7	j.	j.	PROPN
fbem-18143	219	8	d.	d.	PROPN
fbem-18143	219	9	,	,	PUNCT
fbem-18143	219	10	warner	warner	PROPN
fbem-18143	219	11	,	,	PUNCT
fbem-18143	219	12	a.	a.	PROPN
fbem-18143	219	13	,	,	PUNCT
fbem-18143	219	14	aslund	aslund	PROPN
fbem-18143	219	15	,	,	PUNCT
fbem-18143	219	16	a.	a.	NOUN
fbem-18143	219	17	,	,	PUNCT
fbem-18143	219	18	&	&	CCONJ
fbem-18143	219	19	fischer	fischer	PROPN
fbem-18143	219	20	,	,	PUNCT
fbem-18143	219	21	s.	s.	PROPN
fbem-18143	219	22	(	(	PUNCT
fbem-18143	219	23	1995	1995	NUM
fbem-18143	219	24	)	)	PUNCT
fbem-18143	219	25	.	.	PUNCT
fbem-18143	220	1	economic	economic	ADJ
fbem-18143	220	2	reform	reform	NOUN
fbem-18143	220	3	and	and	CCONJ
fbem-18143	220	4	the	the	DET
fbem-18143	220	5	process	process	NOUN
fbem-18143	220	6	of	of	ADP
fbem-18143	220	7	global	global	ADJ
fbem-18143	220	8	integration	integration	NOUN
fbem-18143	220	9	.	.	PUNCT
fbem-18143	221	1	brookings	brookings	PROPN
fbem-18143	221	2	papers	paper	NOUN
fbem-18143	221	3	on	on	ADP
fbem-18143	221	4	economic	economic	ADJ
fbem-18143	221	5	activity	activity	NOUN
fbem-18143	221	6	,	,	PUNCT
fbem-18143	221	7	1995(1	1995(1	NUM
fbem-18143	221	8	)	)	PUNCT
fbem-18143	221	9	,	,	PUNCT
fbem-18143	221	10	1	1	X
fbem-18143	221	11	.	.	PUNCT
fbem-18143	222	1	[	[	X
fbem-18143	222	2	2	2	NUM
fbem-18143	222	3	]	]	X
fbem-18143	222	4	chen	chen	PROPN
fbem-18143	222	5	,	,	PUNCT
fbem-18143	222	6	k.	k.	PROPN
fbem-18143	222	7	,	,	PUNCT
fbem-18143	222	8	jefferson	jefferson	PROPN
fbem-18143	222	9	,	,	PUNCT
fbem-18143	222	10	g.	g.	PROPN
fbem-18143	222	11	h.	h.	PROPN
fbem-18143	222	12	,	,	PUNCT
fbem-18143	222	13	&	&	CCONJ
fbem-18143	222	14	singh	singh	PROPN
fbem-18143	222	15	,	,	PUNCT
fbem-18143	222	16	i.	i.	PROPN
fbem-18143	222	17	(	(	PUNCT
fbem-18143	222	18	1992	1992	NUM
fbem-18143	222	19	)	)	PUNCT
fbem-18143	222	20	.	.	PUNCT
fbem-18143	223	1	lessons	lesson	NOUN
fbem-18143	223	2	from	from	ADP
fbem-18143	223	3	china	china	PROPN
fbem-18143	223	4	's	's	PART
fbem-18143	223	5	economic	economic	ADJ
fbem-18143	223	6	reform	reform	NOUN
fbem-18143	223	7	.	.	PUNCT
fbem-18143	224	1	journal	journal	NOUN
fbem-18143	224	2	of	of	ADP
fbem-18143	224	3	comparative	comparative	ADJ
fbem-18143	224	4	economics	economic	NOUN
fbem-18143	224	5	,	,	PUNCT
fbem-18143	224	6	16(2	16(2	NUM
fbem-18143	224	7	)	)	PUNCT
fbem-18143	224	8	,	,	PUNCT
fbem-18143	224	9	201	201	NUM
fbem-18143	224	10	-	-	SYM
fbem-18143	224	11	225	225	NUM
fbem-18143	224	12	.	.	PUNCT
fbem-18143	225	1	[	[	X
fbem-18143	225	2	3	3	NUM
fbem-18143	225	3	]	]	X
fbem-18143	225	4	jefferson	jefferson	PROPN
fbem-18143	225	5	,	,	PUNCT
fbem-18143	225	6	g.	g.	PROPN
fbem-18143	225	7	h.	h.	PROPN
fbem-18143	225	8	,	,	PUNCT
fbem-18143	225	9	rawski	rawski	VERB
fbem-18143	225	10	,	,	PUNCT
fbem-18143	225	11	t.	t.	PROPN
fbem-18143	225	12	g.	g.	PROPN
fbem-18143	225	13	,	,	PUNCT
fbem-18143	225	14	&	&	CCONJ
fbem-18143	225	15	zheng	zheng	PROPN
fbem-18143	225	16	,	,	PUNCT
fbem-18143	225	17	y.	y.	PROPN
fbem-18143	225	18	(	(	PUNCT
fbem-18143	225	19	1992	1992	NUM
fbem-18143	225	20	)	)	PUNCT
fbem-18143	225	21	.	.	PUNCT
fbem-18143	226	1	growth	growth	NOUN
fbem-18143	226	2	,	,	PUNCT
fbem-18143	226	3	efficiency	efficiency	NOUN
fbem-18143	226	4	,	,	PUNCT
fbem-18143	226	5	and	and	CCONJ
fbem-18143	226	6	convergence	convergence	NOUN
fbem-18143	226	7	in	in	ADP
fbem-18143	226	8	china	china	PROPN
fbem-18143	226	9	’s	’s	PART
fbem-18143	226	10	state	state	NOUN
fbem-18143	226	11	and	and	CCONJ
fbem-18143	226	12	collective	collective	ADJ
fbem-18143	226	13	industry	industry	NOUN
fbem-18143	226	14	.	.	PUNCT
fbem-18143	227	1	economic	economic	ADJ
fbem-18143	227	2	development	development	NOUN
fbem-18143	227	3	and	and	CCONJ
fbem-18143	227	4	cultural	cultural	ADJ
fbem-18143	227	5	change	change	NOUN
fbem-18143	227	6	,	,	PUNCT
fbem-18143	227	7	40(2	40(2	NUM
fbem-18143	227	8	)	)	PUNCT
fbem-18143	227	9	,	,	PUNCT
fbem-18143	227	10	239–266	239–266	NUM
fbem-18143	227	11	.	.	PUNCT
fbem-18143	228	1	[	[	X
fbem-18143	228	2	4	4	NUM
fbem-18143	228	3	]	]	SYM
fbem-18143	228	4	li	li	PROPN
fbem-18143	228	5	,	,	PUNCT
fbem-18143	228	6	w.	w.	PROPN
fbem-18143	228	7	(	(	PUNCT
fbem-18143	228	8	1997	1997	NUM
fbem-18143	228	9	)	)	PUNCT
fbem-18143	228	10	.	.	PUNCT
fbem-18143	229	1	the	the	DET
fbem-18143	229	2	impact	impact	NOUN
fbem-18143	229	3	of	of	ADP
fbem-18143	229	4	economic	economic	ADJ
fbem-18143	229	5	reform	reform	NOUN
fbem-18143	229	6	on	on	ADP
fbem-18143	229	7	the	the	DET
fbem-18143	229	8	performance	performance	NOUN
fbem-18143	229	9	of	of	ADP
fbem-18143	229	10	chinese	chinese	ADJ
fbem-18143	229	11	state	state	NOUN
fbem-18143	229	12	enterprises	enterprise	NOUN
fbem-18143	229	13	,	,	PUNCT
fbem-18143	229	14	1980–1989	1980–1989	NUM
fbem-18143	229	15	.	.	PUNCT
fbem-18143	229	16	journal	journal	NOUN
fbem-18143	229	17	of	of	ADP
fbem-18143	229	18	political	political	ADJ
fbem-18143	229	19	economy	economy	NOUN
fbem-18143	229	20	,	,	PUNCT
fbem-18143	229	21	105(5	105(5	NUM
fbem-18143	229	22	)	)	PUNCT
fbem-18143	229	23	,	,	PUNCT
fbem-18143	229	24	1080–1106	1080–1106	NUM
fbem-18143	229	25	.	.	PUNCT
fbem-18143	230	1	[	[	X
fbem-18143	230	2	5	5	NUM
fbem-18143	230	3	]	]	X
fbem-18143	230	4	menon	menon	PROPN
fbem-18143	230	5	,	,	PUNCT
fbem-18143	230	6	j.	j.	PROPN
fbem-18143	230	7	(	(	PUNCT
fbem-18143	230	8	2017	2017	NUM
fbem-18143	230	9	)	)	PUNCT
fbem-18143	230	10	.	.	PUNCT
fbem-18143	231	1	government	government	NOUN
fbem-18143	231	2	-	-	PUNCT
fbem-18143	231	3	linked	link	VERB
fbem-18143	231	4	companies	company	NOUN
fbem-18143	231	5	:	:	PUNCT
fbem-18143	231	6	impact	impact	NOUN
fbem-18143	231	7	on	on	ADP
fbem-18143	231	8	the	the	DET
fbem-18143	231	9	malaysian	malaysian	ADJ
fbem-18143	231	10	economy	economy	NOUN
fbem-18143	231	11	.	.	PUNCT
fbem-18143	232	1	policy	policy	NOUN
fbem-18143	232	2	ideas	idea	NOUN
fbem-18143	232	3	,	,	PUNCT
fbem-18143	232	4	45	45	NUM
fbem-18143	232	5	,	,	PUNCT
fbem-18143	232	6	1	1	NUM
fbem-18143	232	7	-	-	SYM
fbem-18143	232	8	26	26	NUM
fbem-18143	232	9	.	.	PUNCT
fbem-18143	233	1	[	[	X
fbem-18143	233	2	6	6	NUM
fbem-18143	233	3	]	]	PUNCT
fbem-18143	233	4	bertoni	bertoni	PROPN
fbem-18143	233	5	,	,	PUNCT
fbem-18143	233	6	f.	f.	PROPN
fbem-18143	233	7	,	,	PUNCT
fbem-18143	233	8	&	&	CCONJ
fbem-18143	233	9	tykvová	tykvová	ADV
fbem-18143	233	10	,	,	PUNCT
fbem-18143	233	11	t.	t.	PROPN
fbem-18143	233	12	(	(	PUNCT
fbem-18143	233	13	2015	2015	NUM
fbem-18143	233	14	)	)	PUNCT
fbem-18143	233	15	.	.	PUNCT
fbem-18143	234	1	does	do	AUX
fbem-18143	234	2	governmental	governmental	ADJ
fbem-18143	234	3	venture	venture	NOUN
fbem-18143	234	4	capital	capital	NOUN
fbem-18143	234	5	spur	spur	NOUN
fbem-18143	234	6	invention	invention	NOUN
fbem-18143	234	7	and	and	CCONJ
fbem-18143	234	8	innovation	innovation	NOUN
fbem-18143	234	9	?	?	PUNCT
fbem-18143	235	1	evidence	evidence	NOUN
fbem-18143	235	2	from	from	ADP
fbem-18143	235	3	young	young	ADJ
fbem-18143	235	4	european	european	ADJ
fbem-18143	235	5	biotech	biotech	NOUN
fbem-18143	235	6	companies	company	NOUN
fbem-18143	235	7	.	.	PUNCT
fbem-18143	236	1	research	research	NOUN
fbem-18143	236	2	policy	policy	NOUN
fbem-18143	236	3	,	,	PUNCT
fbem-18143	236	4	44(4	44(4	NOUN
fbem-18143	236	5	)	)	PUNCT
fbem-18143	236	6	,	,	PUNCT
fbem-18143	236	7	925–935	925–935	NUM
fbem-18143	236	8	.	.	PUNCT
fbem-18143	237	1	[	[	X
fbem-18143	237	2	7	7	X
fbem-18143	237	3	]	]	X
fbem-18143	237	4	synn	synn	PROPN
fbem-18143	237	5	yie	yie	PROPN
fbem-18143	237	6	khoo	khoo	PROPN
fbem-18143	237	7	,	,	PUNCT
fbem-18143	237	8	e.	e.	PROPN
fbem-18143	237	9	(	(	PUNCT
fbem-18143	237	10	2018	2018	NUM
fbem-18143	237	11	)	)	PUNCT
fbem-18143	237	12	.	.	PUNCT
fbem-18143	238	1	the	the	DET
fbem-18143	238	2	impact	impact	NOUN
fbem-18143	238	3	of	of	ADP
fbem-18143	238	4	the	the	DET
fbem-18143	238	5	governmentlinked	governmentlinke	VERB
fbem-18143	238	6	companies	company	NOUN
fbem-18143	238	7	transformation	transformation	NOUN
fbem-18143	238	8	program	program	NOUN
fbem-18143	238	9	(	(	PUNCT
fbem-18143	238	10	glctp	glctp	NOUN
fbem-18143	238	11	)	)	PUNCT
fbem-18143	238	12	on	on	ADP
fbem-18143	238	13	the	the	DET
fbem-18143	238	14	performances	performance	NOUN
fbem-18143	238	15	of	of	ADP
fbem-18143	238	16	government	government	NOUN
fbem-18143	238	17	-	-	PUNCT
fbem-18143	238	18	linked	link	VERB
fbem-18143	238	19	companies	company	NOUN
fbem-18143	238	20	(	(	PUNCT
fbem-18143	238	21	glcs	glcs	NOUN
fbem-18143	238	22	)	)	PUNCT
fbem-18143	238	23	in	in	ADP
fbem-18143	238	24	malaysia	malaysia	PROPN
fbem-18143	238	25	.	.	PUNCT
fbem-18143	239	1	michigan	michigan	PROPN
fbem-18143	239	2	journal	journal	PROPN
fbem-18143	239	3	of	of	ADP
fbem-18143	239	4	business	business	NOUN
fbem-18143	239	5	,	,	PUNCT
fbem-18143	239	6	11(1	11(1	NUM
fbem-18143	239	7	)	)	PUNCT
fbem-18143	239	8	.	.	PUNCT
fbem-18143	240	1	[	[	X
fbem-18143	240	2	8	8	NUM
fbem-18143	240	3	]	]	X
fbem-18143	240	4	lau	lau	PROPN
fbem-18143	240	5	,	,	PUNCT
fbem-18143	240	6	y.	y.	PROPN
fbem-18143	240	7	w.	w.	PROPN
fbem-18143	240	8	,	,	PUNCT
fbem-18143	240	9	&	&	CCONJ
fbem-18143	240	10	tong	tong	PROPN
fbem-18143	240	11	,	,	PUNCT
fbem-18143	240	12	c.	c.	PROPN
fbem-18143	240	13	q.	q.	PROPN
fbem-18143	240	14	(	(	PUNCT
fbem-18143	240	15	2008	2008	NUM
fbem-18143	240	16	)	)	PUNCT
fbem-18143	240	17	.	.	PUNCT
fbem-18143	241	1	are	be	AUX
fbem-18143	241	2	malaysian	malaysian	ADJ
fbem-18143	241	3	governmentlinked	governmentlinke	VERB
fbem-18143	241	4	companies	company	NOUN
fbem-18143	241	5	(	(	PUNCT
fbem-18143	241	6	glcs	glcs	NOUN
fbem-18143	241	7	)	)	PUNCT
fbem-18143	241	8	creating	create	VERB
fbem-18143	241	9	value	value	NOUN
fbem-18143	241	10	.	.	PUNCT
fbem-18143	242	1	international	international	ADJ
fbem-18143	242	2	applied	apply	VERB
fbem-18143	242	3	economics	economic	NOUN
fbem-18143	242	4	and	and	CCONJ
fbem-18143	242	5	management	management	NOUN
fbem-18143	242	6	letters	letter	NOUN
fbem-18143	242	7	,	,	PUNCT
fbem-18143	242	8	1(1	1(1	NUM
fbem-18143	242	9	)	)	PUNCT
fbem-18143	242	10	,	,	PUNCT
fbem-18143	242	11	9	9	NUM
fbem-18143	242	12	-	-	SYM
fbem-18143	242	13	12	12	NUM
fbem-18143	242	14	.	.	PUNCT
fbem-18143	243	1	[	[	X
fbem-18143	243	2	9	9	NUM
fbem-18143	243	3	]	]	PUNCT
fbem-18143	243	4	hisyam	hisyam	NOUN
fbem-18143	243	5	,	,	PUNCT
fbem-18143	243	6	n.	n.	NOUN
fbem-18143	243	7	,	,	PUNCT
fbem-18143	243	8	razak	razak	PROPN
fbem-18143	243	9	,	,	PUNCT
fbem-18143	243	10	a.	a.	NOUN
fbem-18143	243	11	,	,	PUNCT
fbem-18143	243	12	ahmad	ahmad	PROPN
fbem-18143	243	13	,	,	PUNCT
fbem-18143	243	14	r.	r.	PROPN
fbem-18143	243	15	,	,	PUNCT
fbem-18143	243	16	&	&	CCONJ
fbem-18143	243	17	joher	joher	PROPN
fbem-18143	243	18	,	,	PUNCT
fbem-18143	243	19	h.	h.	PROPN
fbem-18143	243	20	(	(	PUNCT
fbem-18143	243	21	2011	2011	NUM
fbem-18143	243	22	)	)	PUNCT
fbem-18143	243	23	.	.	PUNCT
fbem-18143	243	24	does	do	AUX
fbem-18143	243	25	government	government	NOUN
fbem-18143	243	26	linked	link	VERB
fbem-18143	243	27	companies	company	NOUN
fbem-18143	243	28	(	(	PUNCT
fbem-18143	243	29	glcs	glcs	NOUN
fbem-18143	243	30	)	)	PUNCT
fbem-18143	243	31	perform	perform	VERB
fbem-18143	243	32	better	well	ADV
fbem-18143	243	33	than	than	ADP
fbem-18143	243	34	nonglcs	nonglcs	NOUN
fbem-18143	243	35	?	?	PUNCT
fbem-18143	244	1	evidence	evidence	NOUN
fbem-18143	244	2	from	from	ADP
fbem-18143	244	3	malaysian	malaysian	ADJ
fbem-18143	244	4	listed	list	VERB
fbem-18143	244	5	companies	company	NOUN
fbem-18143	244	6	.	.	PUNCT
fbem-18143	245	1	journal	journal	PROPN
fbem-18143	245	2	of	of	ADP
fbem-18143	245	3	applied	apply	VERB
fbem-18143	245	4	finance	finance	NOUN
fbem-18143	245	5	and	and	CCONJ
fbem-18143	245	6	banking	banking	NOUN
fbem-18143	245	7	,	,	PUNCT
fbem-18143	245	8	1(1	1(1	NUM
fbem-18143	245	9	)	)	PUNCT
fbem-18143	245	10	,	,	PUNCT
fbem-18143	245	11	213–240	213–240	NUM
fbem-18143	245	12	.	.	PUNCT
fbem-18143	246	1	[	[	X
fbem-18143	246	2	10	10	NUM
fbem-18143	246	3	]	]	X
fbem-18143	246	4	liu	liu	PROPN
fbem-18143	246	5	,	,	PUNCT
fbem-18143	246	6	q.	q.	PROPN
fbem-18143	246	7	,	,	PUNCT
fbem-18143	246	8	tang	tang	PROPN
fbem-18143	246	9	,	,	PUNCT
fbem-18143	246	10	j.	j.	PROPN
fbem-18143	246	11	,	,	PUNCT
fbem-18143	246	12	&	&	CCONJ
fbem-18143	246	13	tian	tian	PROPN
fbem-18143	246	14	,	,	PUNCT
fbem-18143	246	15	g.	g.	PROPN
fbem-18143	246	16	g.	g.	PROPN
fbem-18143	246	17	(	(	PUNCT
fbem-18143	246	18	2013	2013	NUM
fbem-18143	246	19	)	)	PUNCT
fbem-18143	246	20	.	.	PUNCT
fbem-18143	247	1	does	do	AUX
fbem-18143	247	2	political	political	ADJ
fbem-18143	247	3	capital	capital	NOUN
fbem-18143	247	4	create	create	VERB
fbem-18143	247	5	value	value	NOUN
fbem-18143	247	6	in	in	ADP
fbem-18143	247	7	the	the	DET
fbem-18143	247	8	ipo	ipo	NOUN
fbem-18143	247	9	market	market	NOUN
fbem-18143	247	10	?	?	PUNCT
fbem-18143	248	1	evidence	evidence	NOUN
fbem-18143	248	2	from	from	ADP
fbem-18143	248	3	china	china	PROPN
fbem-18143	248	4	.	.	PUNCT
fbem-18143	249	1	journal	journal	PROPN
fbem-18143	249	2	of	of	ADP
fbem-18143	249	3	corporate	corporate	ADJ
fbem-18143	249	4	finance	finance	NOUN
fbem-18143	249	5	,	,	PUNCT
fbem-18143	249	6	23	23	NUM
fbem-18143	249	7	,	,	PUNCT
fbem-18143	249	8	395–413	395–413	NUM
fbem-18143	249	9	.	.	PUNCT
fbem-18143	250	1	[	[	X
fbem-18143	250	2	11	11	NUM
fbem-18143	250	3	]	]	PUNCT
fbem-18143	250	4	audretsch	audretsch	PROPN
fbem-18143	250	5	,	,	PUNCT
fbem-18143	250	6	d.	d.	PROPN
fbem-18143	250	7	b.	b.	PROPN
fbem-18143	250	8	,	,	PUNCT
fbem-18143	250	9	&	&	CCONJ
fbem-18143	250	10	thurik	thurik	PROPN
fbem-18143	250	11	,	,	PUNCT
fbem-18143	250	12	r.	r.	PROPN
fbem-18143	250	13	(	(	PUNCT
fbem-18143	250	14	2001	2001	NUM
fbem-18143	250	15	)	)	PUNCT
fbem-18143	250	16	.	.	PUNCT
fbem-18143	251	1	linking	link	VERB
fbem-18143	251	2	entrepreneurship	entrepreneurship	NOUN
fbem-18143	251	3	to	to	ADP
fbem-18143	251	4	growth	growth	NOUN
fbem-18143	251	5	.	.	PUNCT
fbem-18143	252	1	in	in	ADP
fbem-18143	252	2	oecd	oecd	PROPN
fbem-18143	252	3	science	science	PROPN
fbem-18143	252	4	,	,	PUNCT
fbem-18143	252	5	technology	technology	NOUN
fbem-18143	252	6	and	and	CCONJ
fbem-18143	252	7	industry	industry	NOUN
fbem-18143	252	8	working	working	NOUN
fbem-18143	252	9	papers	paper	NOUN
fbem-18143	252	10	,	,	PUNCT
fbem-18143	252	11	2001/2	2001/2	NUM
fbem-18143	252	12	,	,	PUNCT
fbem-18143	252	13	oecd	oecd	PROPN
fbem-18143	252	14	publishing	publishing	NOUN
fbem-18143	252	15	.	.	PUNCT
fbem-18143	253	1	[	[	X
fbem-18143	253	2	12	12	NUM
fbem-18143	253	3	]	]	X
fbem-18143	253	4	ang	ang	PROPN
fbem-18143	253	5	,	,	PUNCT
fbem-18143	253	6	j.	j.	PROPN
fbem-18143	253	7	s.	s.	PROPN
fbem-18143	253	8	,	,	PUNCT
fbem-18143	253	9	&	&	CCONJ
fbem-18143	253	10	ding	ding	PROPN
fbem-18143	253	11	,	,	PUNCT
fbem-18143	253	12	d.	d.	PROPN
fbem-18143	253	13	k.	k.	PROPN
fbem-18143	253	14	(	(	PUNCT
fbem-18143	253	15	2006	2006	NUM
fbem-18143	253	16	)	)	PUNCT
fbem-18143	253	17	.	.	PUNCT
fbem-18143	254	1	government	government	NOUN
fbem-18143	254	2	ownership	ownership	NOUN
fbem-18143	254	3	and	and	CCONJ
fbem-18143	254	4	the	the	DET
fbem-18143	254	5	performance	performance	NOUN
fbem-18143	254	6	of	of	ADP
fbem-18143	254	7	government	government	NOUN
fbem-18143	254	8	-	-	PUNCT
fbem-18143	254	9	linked	link	VERB
fbem-18143	254	10	companies	company	NOUN
fbem-18143	254	11	:	:	PUNCT
fbem-18143	254	12	the	the	DET
fbem-18143	254	13	case	case	NOUN
fbem-18143	254	14	of	of	ADP
fbem-18143	254	15	singapore	singapore	PROPN
fbem-18143	254	16	.	.	PUNCT
fbem-18143	255	1	journal	journal	PROPN
fbem-18143	255	2	of	of	ADP
fbem-18143	255	3	multinational	multinational	ADJ
fbem-18143	255	4	financial	financial	ADJ
fbem-18143	255	5	management	management	NOUN
fbem-18143	255	6	,	,	PUNCT
fbem-18143	255	7	16(1	16(1	NUM
fbem-18143	255	8	)	)	PUNCT
fbem-18143	255	9	,	,	PUNCT
fbem-18143	255	10	64–88	64–88	NUM
fbem-18143	255	11	.	.	PUNCT
fbem-18143	256	1	16	16	NUM
fbem-18143	257	1	[	[	SYM
fbem-18143	257	2	13	13	NUM
fbem-18143	257	3	]	]	X
fbem-18143	257	4	ramı́rez	ramı́rez	PROPN
fbem-18143	257	5	,	,	PUNCT
fbem-18143	257	6	c.	c.	PROPN
fbem-18143	257	7	,	,	PUNCT
fbem-18143	257	8	&	&	CCONJ
fbem-18143	257	9	tan	tan	PROPN
fbem-18143	257	10	,	,	PUNCT
fbem-18143	257	11	l.	l.	PROPN
fbem-18143	257	12	h.	h.	PROPN
fbem-18143	257	13	(	(	PUNCT
fbem-18143	257	14	2004	2004	NUM
fbem-18143	257	15	)	)	PUNCT
fbem-18143	257	16	.	.	PUNCT
fbem-18143	257	17	singapore	singapore	PROPN
fbem-18143	257	18	inc	inc	PROPN
fbem-18143	257	19	.	.	PROPN
fbem-18143	257	20	versus	versus	ADP
fbem-18143	257	21	the	the	DET
fbem-18143	257	22	private	private	ADJ
fbem-18143	257	23	sector	sector	NOUN
fbem-18143	257	24	:	:	PUNCT
fbem-18143	257	25	are	be	AUX
fbem-18143	257	26	government	government	NOUN
fbem-18143	257	27	-	-	PUNCT
fbem-18143	257	28	linked	link	VERB
fbem-18143	257	29	companies	company	NOUN
fbem-18143	257	30	different	different	ADJ
fbem-18143	257	31	?	?	PUNCT
fbem-18143	258	1	imf	imf	PROPN
fbem-18143	258	2	staff	staff	NOUN
fbem-18143	258	3	papers	paper	NOUN
fbem-18143	258	4	,	,	PUNCT
fbem-18143	258	5	51(3	51(3	NUM
fbem-18143	258	6	)	)	PUNCT
fbem-18143	258	7	,	,	PUNCT
fbem-18143	258	8	510–528	510–528	NUM
fbem-18143	258	9	.	.	PUNCT
fbem-18143	259	1	[	[	X
fbem-18143	259	2	14	14	NUM
fbem-18143	259	3	]	]	X
fbem-18143	259	4	sun	sun	PROPN
fbem-18143	259	5	,	,	PUNCT
fbem-18143	259	6	q.	q.	PROPN
fbem-18143	259	7	,	,	PUNCT
fbem-18143	259	8	&	&	CCONJ
fbem-18143	259	9	tong	tong	PROPN
fbem-18143	259	10	,	,	PUNCT
fbem-18143	259	11	w.	w.	PROPN
fbem-18143	259	12	(	(	PUNCT
fbem-18143	259	13	2002	2002	NUM
fbem-18143	259	14	)	)	PUNCT
fbem-18143	259	15	.	.	PUNCT
fbem-18143	260	1	malaysia	malaysia	PROPN
fbem-18143	260	2	privatization	privatization	NOUN
fbem-18143	260	3	:	:	PUNCT
fbem-18143	260	4	a	a	DET
fbem-18143	260	5	comprehensive	comprehensive	ADJ
fbem-18143	260	6	study	study	NOUN
fbem-18143	260	7	.	.	PUNCT
fbem-18143	261	1	financial	financial	ADJ
fbem-18143	261	2	management	management	NOUN
fbem-18143	261	3	,	,	PUNCT
fbem-18143	261	4	31(4	31(4	NUM
fbem-18143	261	5	)	)	PUNCT
fbem-18143	261	6	,	,	PUNCT
fbem-18143	261	7	79	79	NUM
fbem-18143	261	8	.	.	PUNCT
fbem-18143	262	1	[	[	X
fbem-18143	262	2	15	15	NUM
fbem-18143	262	3	]	]	X
fbem-18143	262	4	colak	colak	NOUN
fbem-18143	262	5	,	,	PUNCT
fbem-18143	262	6	g.	g.	PROPN
fbem-18143	262	7	,	,	PUNCT
fbem-18143	262	8	gounopoulos	gounopoulos	PROPN
fbem-18143	262	9	,	,	PUNCT
fbem-18143	262	10	d.	d.	PROPN
fbem-18143	262	11	,	,	PUNCT
fbem-18143	262	12	loukopoulos	loukopoulos	PROPN
fbem-18143	262	13	,	,	PUNCT
fbem-18143	262	14	p.	p.	PROPN
fbem-18143	262	15	,	,	PUNCT
fbem-18143	262	16	&	&	CCONJ
fbem-18143	262	17	loukopoulos	loukopoulos	PROPN
fbem-18143	262	18	,	,	PUNCT
fbem-18143	262	19	g.	g.	PROPN
fbem-18143	262	20	(	(	PUNCT
fbem-18143	262	21	2021	2021	NUM
fbem-18143	262	22	)	)	PUNCT
fbem-18143	262	23	.	.	PUNCT
fbem-18143	263	1	political	political	ADJ
fbem-18143	263	2	power	power	NOUN
fbem-18143	263	3	,	,	PUNCT
fbem-18143	263	4	local	local	ADJ
fbem-18143	263	5	policy	policy	NOUN
fbem-18143	263	6	uncertainty	uncertainty	NOUN
fbem-18143	263	7	and	and	CCONJ
fbem-18143	263	8	ipo	ipo	NOUN
fbem-18143	263	9	pricing	pricing	NOUN
fbem-18143	263	10	.	.	PUNCT
fbem-18143	264	1	journal	journal	NOUN
fbem-18143	264	2	of	of	ADP
fbem-18143	264	3	corporate	corporate	ADJ
fbem-18143	264	4	finance	finance	NOUN
fbem-18143	264	5	,	,	PUNCT
fbem-18143	264	6	67	67	NUM
fbem-18143	264	7	,	,	PUNCT
fbem-18143	264	8	101907	101907	NUM
fbem-18143	264	9	.	.	PUNCT
fbem-18143	265	1	[	[	X
fbem-18143	265	2	16	16	NUM
fbem-18143	265	3	]	]	X
fbem-18143	265	4	aguilera	aguilera	PROPN
fbem-18143	265	5	,	,	PUNCT
fbem-18143	265	6	r.	r.	PROPN
fbem-18143	265	7	v.	v.	PROPN
fbem-18143	265	8	,	,	PUNCT
fbem-18143	265	9	durán	durán	NOUN
fbem-18143	265	10	,	,	PUNCT
fbem-18143	265	11	p.	p.	PROPN
fbem-18143	265	12	,	,	PUNCT
fbem-18143	265	13	heugens	heugen	NOUN
fbem-18143	265	14	,	,	PUNCT
fbem-18143	265	15	p.	p.	PROPN
fbem-18143	265	16	,	,	PUNCT
fbem-18143	265	17	sauerwald	sauerwald	PROPN
fbem-18143	265	18	,	,	PUNCT
fbem-18143	265	19	s.	s.	PROPN
fbem-18143	265	20	,	,	PUNCT
fbem-18143	265	21	turturea	turturea	PROPN
fbem-18143	265	22	,	,	PUNCT
fbem-18143	265	23	r.	r.	PROPN
fbem-18143	265	24	,	,	PUNCT
fbem-18143	265	25	&	&	CCONJ
fbem-18143	265	26	vanessen	vanessen	PROPN
fbem-18143	265	27	,	,	PUNCT
fbem-18143	265	28	m.	m.	NOUN
fbem-18143	265	29	(	(	PUNCT
fbem-18143	265	30	2021	2021	NUM
fbem-18143	265	31	)	)	PUNCT
fbem-18143	265	32	.	.	PUNCT
fbem-18143	266	1	state	state	NOUN
fbem-18143	266	2	ownership	ownership	NOUN
fbem-18143	266	3	,	,	PUNCT
fbem-18143	266	4	political	political	ADJ
fbem-18143	266	5	ideology	ideology	NOUN
fbem-18143	266	6	,	,	PUNCT
fbem-18143	266	7	and	and	CCONJ
fbem-18143	266	8	firm	firm	ADJ
fbem-18143	266	9	performance	performance	NOUN
fbem-18143	266	10	around	around	ADP
fbem-18143	266	11	the	the	DET
fbem-18143	266	12	world	world	NOUN
fbem-18143	266	13	.	.	PUNCT
fbem-18143	267	1	journal	journal	PROPN
fbem-18143	267	2	of	of	ADP
fbem-18143	267	3	world	world	PROPN
fbem-18143	267	4	business	business	NOUN
fbem-18143	267	5	,	,	PUNCT
fbem-18143	267	6	56(1	56(1	NUM
fbem-18143	267	7	)	)	PUNCT
fbem-18143	267	8	,	,	PUNCT
fbem-18143	267	9	101113	101113	NUM
fbem-18143	267	10	.	.	PUNCT
fbem-18143	268	1	[	[	X
fbem-18143	268	2	17	17	NUM
fbem-18143	268	3	]	]	X
fbem-18143	268	4	fan	fan	PROPN
fbem-18143	268	5	,	,	PUNCT
fbem-18143	268	6	j.	j.	PROPN
fbem-18143	268	7	p.	p.	PROPN
fbem-18143	268	8	,	,	PUNCT
fbem-18143	268	9	wong	wong	PROPN
fbem-18143	268	10	,	,	PUNCT
fbem-18143	268	11	t.	t.	PROPN
fbem-18143	268	12	j.	j.	PROPN
fbem-18143	268	13	,	,	PUNCT
fbem-18143	268	14	&	&	CCONJ
fbem-18143	268	15	zhang	zhang	PROPN
fbem-18143	268	16	,	,	PUNCT
fbem-18143	268	17	t.	t.	PROPN
fbem-18143	268	18	(	(	PUNCT
fbem-18143	268	19	2014	2014	NUM
fbem-18143	268	20	)	)	PUNCT
fbem-18143	268	21	.	.	PUNCT
fbem-18143	269	1	politically	politically	ADV
fbem-18143	269	2	connected	connect	VERB
fbem-18143	269	3	ceos	ceo	NOUN
fbem-18143	269	4	,	,	PUNCT
fbem-18143	269	5	corporate	corporate	ADJ
fbem-18143	269	6	governance	governance	NOUN
fbem-18143	269	7	,	,	PUNCT
fbem-18143	269	8	and	and	CCONJ
fbem-18143	269	9	the	the	DET
fbem-18143	269	10	post‐ipo	post‐ipo	NOUN
fbem-18143	269	11	performance	performance	NOUN
fbem-18143	269	12	of	of	ADP
fbem-18143	269	13	china	china	PROPN
fbem-18143	269	14	's	's	PART
fbem-18143	269	15	partially	partially	ADV
fbem-18143	269	16	privatized	privatized	ADJ
fbem-18143	269	17	firms	firm	NOUN
fbem-18143	269	18	.	.	PUNCT
fbem-18143	270	1	journal	journal	NOUN
fbem-18143	270	2	of	of	ADP
fbem-18143	270	3	applied	apply	VERB
fbem-18143	270	4	corporate	corporate	ADJ
fbem-18143	270	5	finance	finance	NOUN
fbem-18143	270	6	,	,	PUNCT
fbem-18143	270	7	26(3	26(3	NUM
fbem-18143	270	8	)	)	PUNCT
fbem-18143	270	9	,	,	PUNCT
fbem-18143	270	10	85	85	NUM
fbem-18143	270	11	-	-	SYM
fbem-18143	270	12	95	95	NUM
fbem-18143	270	13	.	.	PUNCT
fbem-18143	271	1	[	[	X
fbem-18143	271	2	18	18	NUM
fbem-18143	271	3	]	]	X
fbem-18143	271	4	piotroski	piotroski	NOUN
fbem-18143	271	5	,	,	PUNCT
fbem-18143	271	6	j.	j.	PROPN
fbem-18143	271	7	d.	d.	PROPN
fbem-18143	271	8	,	,	PUNCT
fbem-18143	271	9	&	&	CCONJ
fbem-18143	271	10	zhang	zhang	PROPN
fbem-18143	271	11	,	,	PUNCT
fbem-18143	271	12	t.	t.	PROPN
fbem-18143	271	13	(	(	PUNCT
fbem-18143	271	14	2014	2014	NUM
fbem-18143	271	15	)	)	PUNCT
fbem-18143	271	16	.	.	PUNCT
fbem-18143	272	1	politicians	politician	NOUN
fbem-18143	272	2	and	and	CCONJ
fbem-18143	272	3	the	the	DET
fbem-18143	272	4	ipo	ipo	NOUN
fbem-18143	272	5	decision	decision	NOUN
fbem-18143	272	6	:	:	PUNCT
fbem-18143	272	7	the	the	DET
fbem-18143	272	8	impact	impact	NOUN
fbem-18143	272	9	of	of	ADP
fbem-18143	272	10	impending	impend	VERB
fbem-18143	272	11	political	political	ADJ
fbem-18143	272	12	promotions	promotion	NOUN
fbem-18143	272	13	on	on	ADP
fbem-18143	272	14	ipo	ipo	NOUN
fbem-18143	272	15	activity	activity	NOUN
fbem-18143	272	16	in	in	ADP
fbem-18143	272	17	china	china	PROPN
fbem-18143	272	18	.	.	PUNCT
fbem-18143	273	1	journal	journal	PROPN
fbem-18143	273	2	of	of	ADP
fbem-18143	273	3	financial	financial	ADJ
fbem-18143	273	4	economics	economic	NOUN
fbem-18143	273	5	,	,	PUNCT
fbem-18143	273	6	111(1	111(1	NUM
fbem-18143	273	7	)	)	PUNCT
fbem-18143	273	8	,	,	PUNCT
fbem-18143	273	9	111136	111136	NUM
fbem-18143	273	10	.	.	PUNCT
fbem-18143	274	1	[	[	X
fbem-18143	274	2	19	19	NUM
fbem-18143	274	3	]	]	X
fbem-18143	274	4	sheng	sheng	PROPN
fbem-18143	274	5	,	,	PUNCT
fbem-18143	274	6	s.	s.	PROPN
fbem-18143	274	7	,	,	PUNCT
fbem-18143	274	8	zhou	zhou	PROPN
fbem-18143	274	9	,	,	PUNCT
fbem-18143	274	10	k.	k.	PROPN
fbem-18143	274	11	z.	z.	PROPN
fbem-18143	274	12	,	,	PUNCT
fbem-18143	274	13	&	&	CCONJ
fbem-18143	274	14	li	li	PROPN
fbem-18143	274	15	,	,	PUNCT
fbem-18143	274	16	j.	j.	PROPN
fbem-18143	274	17	j.	j.	PROPN
fbem-18143	274	18	(	(	PUNCT
fbem-18143	274	19	2011	2011	NUM
fbem-18143	274	20	)	)	PUNCT
fbem-18143	274	21	.	.	PUNCT
fbem-18143	275	1	the	the	DET
fbem-18143	275	2	effects	effect	NOUN
fbem-18143	275	3	of	of	ADP
fbem-18143	275	4	business	business	NOUN
fbem-18143	275	5	and	and	CCONJ
fbem-18143	275	6	political	political	ADJ
fbem-18143	275	7	ties	tie	NOUN
fbem-18143	275	8	on	on	ADP
fbem-18143	275	9	firm	firm	ADJ
fbem-18143	275	10	performance	performance	NOUN
fbem-18143	275	11	:	:	PUNCT
fbem-18143	275	12	evidence	evidence	NOUN
fbem-18143	275	13	from	from	ADP
fbem-18143	275	14	china	china	PROPN
fbem-18143	275	15	.	.	PUNCT
fbem-18143	276	1	journal	journal	PROPN
fbem-18143	276	2	of	of	ADP
fbem-18143	276	3	marketing	marketing	NOUN
fbem-18143	276	4	,	,	PUNCT
fbem-18143	276	5	75(1	75(1	NOUN
fbem-18143	276	6	)	)	PUNCT
fbem-18143	276	7	,	,	PUNCT
fbem-18143	276	8	1–15	1–15	NUM
fbem-18143	276	9	.	.	PUNCT
fbem-18143	277	1	[	[	X
fbem-18143	277	2	20	20	NUM
fbem-18143	277	3	]	]	X
fbem-18143	277	4	hasnana	hasnana	PROPN
fbem-18143	277	5	,	,	PUNCT
fbem-18143	277	6	s.	s.	PROPN
fbem-18143	277	7	,	,	PUNCT
fbem-18143	277	8	kamaruzamanb	kamaruzamanb	PROPN
fbem-18143	277	9	,	,	PUNCT
fbem-18143	277	10	i.	i.	PROPN
fbem-18143	277	11	s.	s.	PROPN
fbem-18143	277	12	,	,	PUNCT
fbem-18143	277	13	&	&	CCONJ
fbem-18143	277	14	sanusic	sanusic	PROPN
fbem-18143	277	15	,	,	PUNCT
fbem-18143	277	16	z.	z.	PROPN
fbem-18143	277	17	m.	m.	PROPN
fbem-18143	277	18	(	(	PUNCT
fbem-18143	277	19	2019	2019	NUM
fbem-18143	277	20	)	)	PUNCT
fbem-18143	277	21	.	.	PUNCT
fbem-18143	278	1	political	political	ADJ
fbem-18143	278	2	connections	connection	NOUN
fbem-18143	278	3	,	,	PUNCT
fbem-18143	278	4	family	family	NOUN
fbem-18143	278	5	ownership	ownership	NOUN
fbem-18143	278	6	and	and	CCONJ
fbem-18143	278	7	firms	firm	NOUN
fbem-18143	278	8	’	’	PART
fbem-18143	278	9	performance	performance	NOUN
fbem-18143	278	10	in	in	ADP
fbem-18143	278	11	malaysia	malaysia	PROPN
fbem-18143	278	12	.	.	PUNCT
fbem-18143	279	1	connections	connection	NOUN
fbem-18143	279	2	,	,	PUNCT
fbem-18143	279	3	7(6	7(6	NUM
fbem-18143	279	4	)	)	PUNCT
fbem-18143	279	5	.	.	PUNCT
fbem-18143	280	1	[	[	X
fbem-18143	280	2	21	21	NUM
fbem-18143	280	3	]	]	X
fbem-18143	280	4	nee	nee	PROPN
fbem-18143	280	5	,	,	PUNCT
fbem-18143	280	6	v.	v.	PROPN
fbem-18143	280	7	,	,	PUNCT
fbem-18143	280	8	&	&	CCONJ
fbem-18143	280	9	opper	opper	PROPN
fbem-18143	280	10	,	,	PUNCT
fbem-18143	280	11	s.	s.	PROPN
fbem-18143	280	12	(	(	PUNCT
fbem-18143	280	13	2010	2010	NUM
fbem-18143	280	14	)	)	PUNCT
fbem-18143	280	15	.	.	PUNCT
fbem-18143	281	1	political	political	ADJ
fbem-18143	281	2	capital	capital	NOUN
fbem-18143	281	3	in	in	ADP
fbem-18143	281	4	a	a	DET
fbem-18143	281	5	market	market	NOUN
fbem-18143	281	6	economy	economy	NOUN
fbem-18143	281	7	.	.	PUNCT
fbem-18143	282	1	social	social	ADJ
fbem-18143	282	2	forces	force	NOUN
fbem-18143	282	3	,	,	PUNCT
fbem-18143	282	4	88(5	88(5	NUM
fbem-18143	282	5	)	)	PUNCT
fbem-18143	282	6	,	,	PUNCT
fbem-18143	282	7	2105	2105	NUM
fbem-18143	282	8	-	-	SYM
fbem-18143	282	9	2132	2132	NUM
fbem-18143	282	10	.	.	PUNCT
fbem-18143	283	1	[	[	X
fbem-18143	283	2	22	22	NUM
fbem-18143	283	3	]	]	X
fbem-18143	283	4	cao	cao	PROPN
fbem-18143	283	5	,	,	PUNCT
fbem-18143	283	6	j.	j.	PROPN
fbem-18143	283	7	,	,	PUNCT
fbem-18143	283	8	ding	ding	NOUN
fbem-18143	283	9	,	,	PUNCT
fbem-18143	283	10	y.	y.	PROPN
fbem-18143	283	11	,	,	PUNCT
fbem-18143	283	12	&	&	CCONJ
fbem-18143	283	13	hua	hua	PROPN
fbem-18143	283	14	,	,	PUNCT
fbem-18143	283	15	z.	z.	PROPN
fbem-18143	283	16	(	(	PUNCT
fbem-18143	283	17	2014	2014	NUM
fbem-18143	283	18	)	)	PUNCT
fbem-18143	283	19	.	.	PUNCT
fbem-18143	284	1	social	social	ADJ
fbem-18143	284	2	capital	capital	NOUN
fbem-18143	284	3	,	,	PUNCT
fbem-18143	284	4	informal	informal	ADJ
fbem-18143	284	5	governance	governance	NOUN
fbem-18143	284	6	,	,	PUNCT
fbem-18143	284	7	and	and	CCONJ
fbem-18143	284	8	post	post	ADJ
fbem-18143	284	9	-	-	ADJ
fbem-18143	284	10	ipo	ipo	ADJ
fbem-18143	284	11	firm	firm	ADJ
fbem-18143	284	12	performance	performance	NOUN
fbem-18143	284	13	:	:	PUNCT
fbem-18143	284	14	a	a	DET
fbem-18143	284	15	study	study	NOUN
fbem-18143	284	16	of	of	ADP
fbem-18143	284	17	chinese	chinese	ADJ
fbem-18143	284	18	entrepreneurial	entrepreneurial	ADJ
fbem-18143	284	19	firms	firm	NOUN
fbem-18143	284	20	.	.	PUNCT
fbem-18143	285	1	journal	journal	PROPN
fbem-18143	285	2	of	of	ADP
fbem-18143	285	3	business	business	NOUN
fbem-18143	285	4	ethics	ethic	NOUN
fbem-18143	285	5	,	,	PUNCT
fbem-18143	285	6	134(4	134(4	NUM
fbem-18143	285	7	)	)	PUNCT
fbem-18143	285	8	,	,	PUNCT
fbem-18143	285	9	529–551	529–551	NUM
fbem-18143	285	10	.	.	PUNCT
fbem-18143	286	1	[	[	X
fbem-18143	286	2	23	23	NUM
fbem-18143	286	3	]	]	SYM
fbem-18143	286	4	xu	xu	PROPN
fbem-18143	286	5	,	,	PUNCT
fbem-18143	286	6	l.	l.	PROPN
fbem-18143	286	7	c.	c.	PROPN
fbem-18143	286	8	,	,	PUNCT
fbem-18143	286	9	zhu	zhu	PROPN
fbem-18143	286	10	,	,	PUNCT
fbem-18143	286	11	t.	t.	PROPN
fbem-18143	286	12	,	,	PUNCT
fbem-18143	286	13	&	&	CCONJ
fbem-18143	286	14	lin	lin	PROPN
fbem-18143	286	15	,	,	PUNCT
fbem-18143	286	16	y.	y.	PROPN
fbem-18143	286	17	m.	m.	PROPN
fbem-18143	286	18	(	(	PUNCT
fbem-18143	286	19	2005	2005	NUM
fbem-18143	286	20	)	)	PUNCT
fbem-18143	286	21	.	.	PUNCT
fbem-18143	287	1	politician	politician	PROPN
fbem-18143	287	2	control	control	PROPN
fbem-18143	287	3	,	,	PUNCT
fbem-18143	287	4	agency	agency	NOUN
fbem-18143	287	5	problems	problem	NOUN
fbem-18143	287	6	and	and	CCONJ
fbem-18143	287	7	ownership	ownership	NOUN
fbem-18143	287	8	reform	reform	NOUN
fbem-18143	287	9	:	:	PUNCT
fbem-18143	287	10	evidence	evidence	NOUN
fbem-18143	287	11	from	from	ADP
fbem-18143	287	12	china	china	PROPN
fbem-18143	287	13	.	.	PUNCT
fbem-18143	288	1	economics	economic	NOUN
fbem-18143	288	2	of	of	ADP
fbem-18143	288	3	transition	transition	NOUN
fbem-18143	288	4	,	,	PUNCT
fbem-18143	288	5	13(1	13(1	NUM
fbem-18143	288	6	)	)	PUNCT
fbem-18143	288	7	,	,	PUNCT
fbem-18143	288	8	1	1	NUM
fbem-18143	288	9	-	-	SYM
fbem-18143	288	10	24	24	NUM
fbem-18143	288	11	.	.	PUNCT
fbem-18143	289	1	[	[	X
fbem-18143	289	2	24	24	NUM
fbem-18143	289	3	]	]	SYM
fbem-18143	289	4	wu	wu	PROPN
fbem-18143	289	5	,	,	PUNCT
fbem-18143	289	6	w.	w.	PROPN
fbem-18143	289	7	,	,	PUNCT
fbem-18143	289	8	wu	wu	PROPN
fbem-18143	289	9	,	,	PUNCT
fbem-18143	289	10	c.	c.	PROPN
fbem-18143	289	11	,	,	PUNCT
fbem-18143	289	12	zhou	zhou	PROPN
fbem-18143	289	13	,	,	PUNCT
fbem-18143	289	14	c.	c.	PROPN
fbem-18143	289	15	,	,	PUNCT
fbem-18143	289	16	&	&	CCONJ
fbem-18143	289	17	wu	wu	PROPN
fbem-18143	289	18	,	,	PUNCT
fbem-18143	289	19	j.	j.	PROPN
fbem-18143	289	20	(	(	PUNCT
fbem-18143	289	21	2012	2012	NUM
fbem-18143	289	22	)	)	PUNCT
fbem-18143	289	23	.	.	PUNCT
fbem-18143	290	1	political	political	ADJ
fbem-18143	290	2	connections	connection	NOUN
fbem-18143	290	3	,	,	PUNCT
fbem-18143	290	4	tax	tax	NOUN
fbem-18143	290	5	benefits	benefit	NOUN
fbem-18143	290	6	and	and	CCONJ
fbem-18143	290	7	firm	firm	ADJ
fbem-18143	290	8	performance	performance	NOUN
fbem-18143	290	9	:	:	PUNCT
fbem-18143	290	10	evidence	evidence	NOUN
fbem-18143	290	11	from	from	ADP
fbem-18143	290	12	china	china	PROPN
fbem-18143	290	13	.	.	PUNCT
fbem-18143	291	1	journal	journal	PROPN
fbem-18143	291	2	of	of	ADP
fbem-18143	291	3	accounting	accounting	NOUN
fbem-18143	291	4	and	and	CCONJ
fbem-18143	291	5	public	public	ADJ
fbem-18143	291	6	policy	policy	NOUN
fbem-18143	291	7	,	,	PUNCT
fbem-18143	291	8	31(3	31(3	NUM
fbem-18143	291	9	)	)	PUNCT
fbem-18143	291	10	,	,	PUNCT
fbem-18143	291	11	277	277	NUM
fbem-18143	291	12	–	–	PUNCT
fbem-18143	291	13	300	300	NUM
fbem-18143	291	14	.	.	PUNCT
fbem-18143	292	1	[	[	X
fbem-18143	292	2	25	25	NUM
fbem-18143	292	3	]	]	PUNCT
fbem-18143	292	4	mark	mark	NOUN
fbem-18143	292	5	,	,	PUNCT
fbem-18143	292	6	j.	j.	PROPN
fbem-18143	292	7	,	,	PUNCT
fbem-18143	292	8	&	&	CCONJ
fbem-18143	292	9	nwaiwu	nwaiwu	PROPN
fbem-18143	292	10	,	,	PUNCT
fbem-18143	292	11	j.	j.	PROPN
fbem-18143	292	12	n.	n.	PROPN
fbem-18143	292	13	(	(	PUNCT
fbem-18143	292	14	2015	2015	NUM
fbem-18143	292	15	)	)	PUNCT
fbem-18143	292	16	.	.	PUNCT
fbem-18143	293	1	impact	impact	NOUN
fbem-18143	293	2	of	of	ADP
fbem-18143	293	3	political	political	ADJ
fbem-18143	293	4	environment	environment	NOUN
fbem-18143	293	5	on	on	ADP
fbem-18143	293	6	business	business	NOUN
fbem-18143	293	7	performance	performance	NOUN
fbem-18143	293	8	of	of	ADP
fbem-18143	293	9	multinational	multinational	ADJ
fbem-18143	293	10	companies	company	NOUN
fbem-18143	293	11	in	in	ADP
fbem-18143	293	12	nigeria	nigeria	PROPN
fbem-18143	293	13	.	.	PUNCT
fbem-18143	294	1	african	african	ADJ
fbem-18143	294	2	research	research	PROPN
fbem-18143	294	3	review	review	PROPN
fbem-18143	294	4	,	,	PUNCT
fbem-18143	294	5	9(3	9(3	NUM
fbem-18143	294	6	)	)	PUNCT
fbem-18143	294	7	,	,	PUNCT
fbem-18143	294	8	1	1	NUM
fbem-18143	294	9	-	-	SYM
fbem-18143	294	10	10	10	NUM
fbem-18143	294	11	.	.	PUNCT
