id	sid	tid	token	lemma	pos
fbem-21417	1	1	frontiers	frontier	NOUN
fbem-21417	1	2	in	in	ADP
fbem-21417	1	3	business	business	NOUN
fbem-21417	1	4	,	,	PUNCT
fbem-21417	1	5	economics	economic	NOUN
fbem-21417	1	6	and	and	CCONJ
fbem-21417	1	7	management	management	NOUN
fbem-21417	1	8	issn	issn	PROPN
fbem-21417	1	9	:	:	PUNCT
fbem-21417	1	10	2766	2766	NUM
fbem-21417	1	11	-	-	PUNCT
fbem-21417	1	12	824x	824x	NUM
fbem-21417	1	13	|	|	ADJ
fbem-21417	1	14	vol	vol	NOUN
fbem-21417	1	15	.	.	PROPN
fbem-21417	1	16	15	15	NUM
fbem-21417	1	17	,	,	PUNCT
fbem-21417	1	18	no	no	INTJ
fbem-21417	1	19	.	.	NOUN
fbem-21417	1	20	1	1	NUM
fbem-21417	1	21	,	,	PUNCT
fbem-21417	1	22	2024	2024	NUM
fbem-21417	1	23	126	126	NUM
fbem-21417	1	24	study	study	NOUN
fbem-21417	1	25	of	of	ADP
fbem-21417	1	26	the	the	DET
fbem-21417	1	27	impact	impact	NOUN
fbem-21417	1	28	of	of	ADP
fbem-21417	1	29	esg	esg	NOUN
fbem-21417	1	30	performance	performance	NOUN
fbem-21417	1	31	on	on	ADP
fbem-21417	1	32	the	the	DET
fbem-21417	1	33	financial	financial	ADJ
fbem-21417	1	34	performance	performance	NOUN
fbem-21417	1	35	of	of	ADP
fbem-21417	1	36	mining	mining	NOUN
fbem-21417	1	37	companies	company	NOUN
fbem-21417	1	38	yiming	yiming	PROPN
fbem-21417	1	39	zhang	zhang	PROPN
fbem-21417	1	40	*	*	PROPN
fbem-21417	1	41	,	,	PUNCT
fbem-21417	1	42	guoyu	guoyu	PROPN
fbem-21417	1	43	mao	mao	PROPN
fbem-21417	1	44	college	college	PROPN
fbem-21417	1	45	of	of	ADP
fbem-21417	1	46	management	management	NOUN
fbem-21417	1	47	,	,	PUNCT
fbem-21417	1	48	sichuan	sichuan	PROPN
fbem-21417	1	49	university	university	PROPN
fbem-21417	1	50	of	of	ADP
fbem-21417	1	51	science	science	PROPN
fbem-21417	1	52	&	&	CCONJ
fbem-21417	1	53	engineering	engineering	PROPN
fbem-21417	1	54	,	,	PUNCT
fbem-21417	1	55	yibin	yibin	PROPN
fbem-21417	1	56	,	,	PUNCT
fbem-21417	1	57	644000	644000	NUM
fbem-21417	1	58	,	,	PUNCT
fbem-21417	1	59	china	china	PROPN
fbem-21417	1	60	*	*	PUNCT
fbem-21417	1	61	corresponding	correspond	VERB
fbem-21417	1	62	author	author	NOUN
fbem-21417	1	63	:	:	PUNCT
fbem-21417	1	64	yiming	yiming	PROPN
fbem-21417	1	65	zhang	zhang	PROPN
fbem-21417	1	66	(	(	PUNCT
fbem-21417	1	67	email	email	NOUN
fbem-21417	1	68	:	:	PUNCT
fbem-21417	1	69	738977929@	738977929@	NOUN
fbem-21417	1	70	qq.com	qq.com	NOUN
fbem-21417	1	71	)	)	PUNCT
fbem-21417	1	72	abstract	abstract	NOUN
fbem-21417	1	73	:	:	PUNCT
fbem-21417	1	74	as	as	ADP
fbem-21417	1	75	a	a	DET
fbem-21417	1	76	comprehensive	comprehensive	ADJ
fbem-21417	1	77	evaluation	evaluation	NOUN
fbem-21417	1	78	system	system	NOUN
fbem-21417	1	79	focusing	focus	VERB
fbem-21417	1	80	on	on	ADP
fbem-21417	1	81	corporate	corporate	ADJ
fbem-21417	1	82	environmental	environmental	ADJ
fbem-21417	1	83	responsibility	responsibility	NOUN
fbem-21417	1	84	,	,	PUNCT
fbem-21417	1	85	social	social	ADJ
fbem-21417	1	86	responsibility	responsibility	NOUN
fbem-21417	1	87	and	and	CCONJ
fbem-21417	1	88	internal	internal	ADJ
fbem-21417	1	89	governance	governance	NOUN
fbem-21417	1	90	,	,	PUNCT
fbem-21417	1	91	esg	esg	PROPN
fbem-21417	1	92	is	be	AUX
fbem-21417	1	93	of	of	ADP
fbem-21417	1	94	great	great	ADJ
fbem-21417	1	95	significance	significance	NOUN
fbem-21417	1	96	for	for	SCONJ
fbem-21417	1	97	companies	company	NOUN
fbem-21417	1	98	to	to	PART
fbem-21417	1	99	realize	realize	VERB
fbem-21417	1	100	sustainable	sustainable	ADJ
fbem-21417	1	101	and	and	CCONJ
fbem-21417	1	102	high	high	ADJ
fbem-21417	1	103	-	-	PUNCT
fbem-21417	1	104	quality	quality	NOUN
fbem-21417	1	105	development	development	NOUN
fbem-21417	1	106	.	.	PUNCT
fbem-21417	2	1	we	we	PRON
fbem-21417	2	2	select	select	VERB
fbem-21417	2	3	the	the	DET
fbem-21417	2	4	listed	list	VERB
fbem-21417	2	5	companies	company	NOUN
fbem-21417	2	6	in	in	ADP
fbem-21417	2	7	china	china	PROPN
fbem-21417	2	8	's	's	PART
fbem-21417	2	9	mining	mining	NOUN
fbem-21417	2	10	industry	industry	NOUN
fbem-21417	2	11	in	in	ADP
fbem-21417	2	12	2018	2018	NUM
fbem-21417	2	13	-	-	SYM
fbem-21417	2	14	2022	2022	NUM
fbem-21417	2	15	as	as	ADP
fbem-21417	2	16	the	the	DET
fbem-21417	2	17	research	research	NOUN
fbem-21417	2	18	sample	sample	NOUN
fbem-21417	2	19	,	,	PUNCT
fbem-21417	2	20	and	and	CCONJ
fbem-21417	2	21	empirically	empirically	ADV
fbem-21417	2	22	examine	examine	VERB
fbem-21417	2	23	the	the	DET
fbem-21417	2	24	impact	impact	NOUN
fbem-21417	2	25	of	of	ADP
fbem-21417	2	26	esg	esg	NOUN
fbem-21417	2	27	performance	performance	NOUN
fbem-21417	2	28	on	on	ADP
fbem-21417	2	29	the	the	DET
fbem-21417	2	30	financial	financial	ADJ
fbem-21417	2	31	performance	performance	NOUN
fbem-21417	2	32	of	of	ADP
fbem-21417	2	33	listed	list	VERB
fbem-21417	2	34	mining	mining	NOUN
fbem-21417	2	35	companies	company	NOUN
fbem-21417	2	36	through	through	ADP
fbem-21417	2	37	a	a	DET
fbem-21417	2	38	fixed	fix	VERB
fbem-21417	2	39	-	-	PUNCT
fbem-21417	2	40	effects	effect	NOUN
fbem-21417	2	41	model	model	NOUN
fbem-21417	2	42	.	.	PUNCT
fbem-21417	3	1	the	the	DET
fbem-21417	3	2	results	result	NOUN
fbem-21417	3	3	show	show	VERB
fbem-21417	3	4	that	that	SCONJ
fbem-21417	3	5	the	the	DET
fbem-21417	3	6	esg	esg	PROPN
fbem-21417	3	7	performance	performance	NOUN
fbem-21417	3	8	of	of	ADP
fbem-21417	3	9	mining	mining	NOUN
fbem-21417	3	10	enterprises	enterprise	NOUN
fbem-21417	3	11	is	be	AUX
fbem-21417	3	12	positively	positively	ADV
fbem-21417	3	13	correlated	correlate	VERB
fbem-21417	3	14	with	with	ADP
fbem-21417	3	15	their	their	PRON
fbem-21417	3	16	financial	financial	ADJ
fbem-21417	3	17	performance	performance	NOUN
fbem-21417	3	18	,	,	PUNCT
fbem-21417	3	19	which	which	PRON
fbem-21417	3	20	is	be	AUX
fbem-21417	3	21	still	still	ADV
fbem-21417	3	22	valid	valid	ADJ
fbem-21417	3	23	through	through	ADP
fbem-21417	3	24	the	the	DET
fbem-21417	3	25	robustness	robustness	NOUN
fbem-21417	3	26	test	test	NOUN
fbem-21417	3	27	;	;	PUNCT
fbem-21417	3	28	esg	esg	NOUN
fbem-21417	3	29	investment	investment	NOUN
fbem-21417	3	30	has	have	VERB
fbem-21417	3	31	a	a	DET
fbem-21417	3	32	heterogeneous	heterogeneous	ADJ
fbem-21417	3	33	impact	impact	NOUN
fbem-21417	3	34	on	on	ADP
fbem-21417	3	35	the	the	DET
fbem-21417	3	36	financial	financial	ADJ
fbem-21417	3	37	performance	performance	NOUN
fbem-21417	3	38	of	of	ADP
fbem-21417	3	39	mining	mining	NOUN
fbem-21417	3	40	enterprises	enterprise	NOUN
fbem-21417	3	41	of	of	ADP
fbem-21417	3	42	different	different	ADJ
fbem-21417	3	43	natures	nature	NOUN
fbem-21417	3	44	.	.	PUNCT
fbem-21417	4	1	in	in	ADP
fbem-21417	4	2	view	view	NOUN
fbem-21417	4	3	of	of	ADP
fbem-21417	4	4	this	this	PRON
fbem-21417	4	5	,	,	PUNCT
fbem-21417	4	6	it	it	PRON
fbem-21417	4	7	is	be	AUX
fbem-21417	4	8	suggested	suggest	VERB
fbem-21417	4	9	that	that	SCONJ
fbem-21417	4	10	china	china	PROPN
fbem-21417	4	11	's	's	PART
fbem-21417	4	12	listed	list	VERB
fbem-21417	4	13	mining	mining	NOUN
fbem-21417	4	14	companies	company	NOUN
fbem-21417	4	15	should	should	AUX
fbem-21417	4	16	strengthen	strengthen	VERB
fbem-21417	4	17	their	their	PRON
fbem-21417	4	18	investment	investment	NOUN
fbem-21417	4	19	in	in	ADP
fbem-21417	4	20	esg	esg	PROPN
fbem-21417	4	21	and	and	CCONJ
fbem-21417	4	22	emphasize	emphasize	VERB
fbem-21417	4	23	on	on	ADP
fbem-21417	4	24	social	social	ADJ
fbem-21417	4	25	responsibility	responsibility	NOUN
fbem-21417	4	26	and	and	CCONJ
fbem-21417	4	27	corporate	corporate	ADJ
fbem-21417	4	28	governance	governance	NOUN
fbem-21417	4	29	;	;	PUNCT
fbem-21417	4	30	meanwhile	meanwhile	ADV
fbem-21417	4	31	,	,	PUNCT
fbem-21417	4	32	it	it	PRON
fbem-21417	4	33	is	be	AUX
fbem-21417	4	34	also	also	ADV
fbem-21417	4	35	suggested	suggest	VERB
fbem-21417	4	36	that	that	SCONJ
fbem-21417	4	37	regulators	regulator	NOUN
fbem-21417	4	38	should	should	AUX
fbem-21417	4	39	look	look	VERB
fbem-21417	4	40	for	for	ADP
fbem-21417	4	41	regulatory	regulatory	ADJ
fbem-21417	4	42	clues	clue	NOUN
fbem-21417	4	43	based	base	VERB
fbem-21417	4	44	on	on	ADP
fbem-21417	4	45	the	the	DET
fbem-21417	4	46	relationship	relationship	NOUN
fbem-21417	4	47	between	between	ADP
fbem-21417	4	48	esg	esg	NOUN
fbem-21417	4	49	performance	performance	NOUN
fbem-21417	4	50	and	and	CCONJ
fbem-21417	4	51	financial	financial	ADJ
fbem-21417	4	52	performance	performance	NOUN
fbem-21417	4	53	of	of	ADP
fbem-21417	4	54	mining	mining	NOUN
fbem-21417	4	55	companies	company	NOUN
fbem-21417	4	56	.	.	PUNCT
fbem-21417	5	1	keywords	keyword	NOUN
fbem-21417	5	2	:	:	PUNCT
fbem-21417	5	3	mining	mining	NOUN
fbem-21417	5	4	companies	company	NOUN
fbem-21417	5	5	;	;	PUNCT
fbem-21417	5	6	financial	financial	ADJ
fbem-21417	5	7	performance	performance	NOUN
fbem-21417	5	8	;	;	PUNCT
fbem-21417	5	9	esg	esg	NOUN
fbem-21417	5	10	performance	performance	NOUN
fbem-21417	5	11	;	;	PUNCT
fbem-21417	5	12	sustainable	sustainable	ADJ
fbem-21417	5	13	development	development	NOUN
fbem-21417	5	14	.	.	PUNCT
fbem-21417	6	1	1	1	X
fbem-21417	6	2	.	.	X
fbem-21417	6	3	introduction	introduction	NOUN
fbem-21417	6	4	under	under	ADP
fbem-21417	6	5	the	the	DET
fbem-21417	6	6	double	double	ADJ
fbem-21417	6	7	impact	impact	NOUN
fbem-21417	6	8	of	of	ADP
fbem-21417	6	9	economic	economic	ADJ
fbem-21417	6	10	downturn	downturn	NOUN
fbem-21417	6	11	and	and	CCONJ
fbem-21417	6	12	energy	energy	NOUN
fbem-21417	6	13	crisis	crisis	NOUN
fbem-21417	6	14	,	,	PUNCT
fbem-21417	6	15	the	the	DET
fbem-21417	6	16	wave	wave	NOUN
fbem-21417	6	17	of	of	ADP
fbem-21417	6	18	sustainable	sustainable	ADJ
fbem-21417	6	19	development	development	NOUN
fbem-21417	6	20	is	be	AUX
fbem-21417	6	21	sweeping	sweep	VERB
fbem-21417	6	22	over	over	ADP
fbem-21417	6	23	all	all	DET
fbem-21417	6	24	countries	country	NOUN
fbem-21417	6	25	in	in	ADP
fbem-21417	6	26	the	the	DET
fbem-21417	6	27	world	world	NOUN
fbem-21417	6	28	,	,	PUNCT
fbem-21417	6	29	which	which	PRON
fbem-21417	6	30	also	also	ADV
fbem-21417	6	31	drives	drive	VERB
fbem-21417	6	32	the	the	DET
fbem-21417	6	33	continuous	continuous	ADJ
fbem-21417	6	34	warming	warming	NOUN
fbem-21417	6	35	of	of	ADP
fbem-21417	6	36	the	the	DET
fbem-21417	6	37	esg	esg	PROPN
fbem-21417	6	38	(	(	PUNCT
fbem-21417	6	39	environment	environment	NOUN
fbem-21417	6	40	,	,	PUNCT
fbem-21417	6	41	social	social	ADJ
fbem-21417	6	42	,	,	PUNCT
fbem-21417	6	43	governance	governance	NOUN
fbem-21417	6	44	)	)	PUNCT
fbem-21417	6	45	concept	concept	NOUN
fbem-21417	6	46	that	that	PRON
fbem-21417	6	47	is	be	AUX
fbem-21417	6	48	deeply	deeply	ADV
fbem-21417	6	49	in	in	ADP
fbem-21417	6	50	line	line	NOUN
fbem-21417	6	51	with	with	ADP
fbem-21417	6	52	it	it	PRON
fbem-21417	6	53	in	in	ADP
fbem-21417	6	54	the	the	DET
fbem-21417	6	55	global	global	ADJ
fbem-21417	6	56	scope	scope	NOUN
fbem-21417	6	57	,	,	PUNCT
fbem-21417	6	58	which	which	PRON
fbem-21417	6	59	adds	add	VERB
fbem-21417	6	60	the	the	DET
fbem-21417	6	61	environmental	environmental	ADJ
fbem-21417	6	62	and	and	CCONJ
fbem-21417	6	63	corporate	corporate	ADJ
fbem-21417	6	64	governance	governance	NOUN
fbem-21417	6	65	related	relate	VERB
fbem-21417	6	66	contents	content	NOUN
fbem-21417	6	67	on	on	ADP
fbem-21417	6	68	the	the	DET
fbem-21417	6	69	basis	basis	NOUN
fbem-21417	6	70	of	of	ADP
fbem-21417	6	71	corporate	corporate	ADJ
fbem-21417	6	72	social	social	ADJ
fbem-21417	6	73	responsibility	responsibility	NOUN
fbem-21417	6	74	(	(	PUNCT
fbem-21417	6	75	hereinafter	hereinafter	NOUN
fbem-21417	6	76	referred	refer	VERB
fbem-21417	6	77	to	to	ADP
fbem-21417	6	78	as	as	ADP
fbem-21417	6	79	csr	csr	NOUN
fbem-21417	6	80	)	)	PUNCT
fbem-21417	6	81	.	.	PUNCT
fbem-21417	7	1	the	the	DET
fbem-21417	7	2	concept	concept	NOUN
fbem-21417	7	3	adds	add	VERB
fbem-21417	7	4	environmental	environmental	ADJ
fbem-21417	7	5	and	and	CCONJ
fbem-21417	7	6	corporate	corporate	ADJ
fbem-21417	7	7	governance	governance	NOUN
fbem-21417	7	8	-	-	PUNCT
fbem-21417	7	9	related	relate	VERB
fbem-21417	7	10	contents	content	NOUN
fbem-21417	7	11	to	to	ADP
fbem-21417	7	12	csr	csr	NOUN
fbem-21417	7	13	,	,	PUNCT
fbem-21417	7	14	emphasizing	emphasize	VERB
fbem-21417	7	15	the	the	DET
fbem-21417	7	16	basic	basic	ADJ
fbem-21417	7	17	premise	premise	NOUN
fbem-21417	7	18	for	for	SCONJ
fbem-21417	7	19	enterprises	enterprise	NOUN
fbem-21417	7	20	to	to	PART
fbem-21417	7	21	achieve	achieve	VERB
fbem-21417	7	22	sustainable	sustainable	ADJ
fbem-21417	7	23	development	development	NOUN
fbem-21417	7	24	under	under	ADP
fbem-21417	7	25	the	the	DET
fbem-21417	7	26	existing	exist	VERB
fbem-21417	7	27	institutional	institutional	ADJ
fbem-21417	7	28	environment	environment	NOUN
fbem-21417	7	29	.	.	PUNCT
fbem-21417	8	1	driven	drive	VERB
fbem-21417	8	2	by	by	ADP
fbem-21417	8	3	china	china	PROPN
fbem-21417	8	4	's	's	PART
fbem-21417	8	5	dual	dual	ADJ
fbem-21417	8	6	-	-	PUNCT
fbem-21417	8	7	carbon	carbon	NOUN
fbem-21417	8	8	target	target	NOUN
fbem-21417	8	9	and	and	CCONJ
fbem-21417	8	10	the	the	DET
fbem-21417	8	11	new	new	ADJ
fbem-21417	8	12	development	development	NOUN
fbem-21417	8	13	concept	concept	NOUN
fbem-21417	8	14	,	,	PUNCT
fbem-21417	8	15	enterprise	enterprise	NOUN
fbem-21417	8	16	esg	esg	NOUN
fbem-21417	8	17	practice	practice	NOUN
fbem-21417	8	18	is	be	AUX
fbem-21417	8	19	a	a	DET
fbem-21417	8	20	general	general	ADJ
fbem-21417	8	21	trend	trend	NOUN
fbem-21417	8	22	,	,	PUNCT
fbem-21417	8	23	one	one	NUM
fbem-21417	8	24	of	of	ADP
fbem-21417	8	25	the	the	DET
fbem-21417	8	26	purposes	purpose	NOUN
fbem-21417	8	27	of	of	ADP
fbem-21417	8	28	which	which	PRON
fbem-21417	8	29	is	be	AUX
fbem-21417	8	30	to	to	PART
fbem-21417	8	31	promote	promote	VERB
fbem-21417	8	32	enterprises	enterprise	NOUN
fbem-21417	8	33	to	to	PART
fbem-21417	8	34	adjust	adjust	VERB
fbem-21417	8	35	their	their	PRON
fbem-21417	8	36	internal	internal	ADJ
fbem-21417	8	37	factor	factor	NOUN
fbem-21417	8	38	structure	structure	NOUN
fbem-21417	8	39	in	in	ADP
fbem-21417	8	40	order	order	NOUN
fbem-21417	8	41	to	to	PART
fbem-21417	8	42	achieve	achieve	VERB
fbem-21417	8	43	the	the	DET
fbem-21417	8	44	goal	goal	NOUN
fbem-21417	8	45	of	of	ADP
fbem-21417	8	46	maintaining	maintain	VERB
fbem-21417	8	47	a	a	DET
fbem-21417	8	48	benign	benign	ADJ
fbem-21417	8	49	interaction	interaction	NOUN
fbem-21417	8	50	among	among	ADP
fbem-21417	8	51	the	the	DET
fbem-21417	8	52	environment	environment	NOUN
fbem-21417	8	53	,	,	PUNCT
fbem-21417	8	54	society	society	NOUN
fbem-21417	8	55	and	and	CCONJ
fbem-21417	8	56	enterprises	enterprise	NOUN
fbem-21417	8	57	,	,	PUNCT
fbem-21417	8	58	and	and	CCONJ
fbem-21417	8	59	to	to	PART
fbem-21417	8	60	promote	promote	VERB
fbem-21417	8	61	the	the	DET
fbem-21417	8	62	realization	realization	NOUN
fbem-21417	8	63	of	of	ADP
fbem-21417	8	64	sustainable	sustainable	ADJ
fbem-21417	8	65	development	development	NOUN
fbem-21417	8	66	of	of	ADP
fbem-21417	8	67	enterprises	enterprise	NOUN
fbem-21417	8	68	.	.	PUNCT
fbem-21417	9	1	in	in	ADP
fbem-21417	9	2	china	china	PROPN
fbem-21417	9	3	,	,	PUNCT
fbem-21417	9	4	the	the	DET
fbem-21417	9	5	concept	concept	NOUN
fbem-21417	9	6	of	of	ADP
fbem-21417	9	7	esg	esg	PROPN
fbem-21417	9	8	is	be	AUX
fbem-21417	9	9	still	still	ADV
fbem-21417	9	10	in	in	ADP
fbem-21417	9	11	its	its	PRON
fbem-21417	9	12	infancy	infancy	NOUN
fbem-21417	9	13	.	.	PUNCT
fbem-21417	10	1	in	in	ADP
fbem-21417	10	2	2023	2023	NUM
fbem-21417	10	3	,	,	PUNCT
fbem-21417	10	4	about	about	ADV
fbem-21417	10	5	33.28	33.28	NUM
fbem-21417	10	6	%	%	NOUN
fbem-21417	10	7	of	of	ADP
fbem-21417	10	8	listed	list	VERB
fbem-21417	10	9	companies	company	NOUN
fbem-21417	10	10	in	in	ADP
fbem-21417	10	11	china	china	PROPN
fbem-21417	10	12	independently	independently	ADV
fbem-21417	10	13	published	publish	VERB
fbem-21417	10	14	esg	esg	PROPN
fbem-21417	10	15	reports	report	NOUN
fbem-21417	10	16	,	,	PUNCT
fbem-21417	10	17	and	and	CCONJ
fbem-21417	10	18	although	although	SCONJ
fbem-21417	10	19	the	the	DET
fbem-21417	10	20	disclosure	disclosure	NOUN
fbem-21417	10	21	rate	rate	NOUN
fbem-21417	10	22	of	of	ADP
fbem-21417	10	23	indicators	indicator	NOUN
fbem-21417	10	24	in	in	ADP
fbem-21417	10	25	each	each	DET
fbem-21417	10	26	dimension	dimension	NOUN
fbem-21417	10	27	has	have	AUX
fbem-21417	10	28	improved	improve	VERB
fbem-21417	10	29	,	,	PUNCT
fbem-21417	10	30	there	there	PRON
fbem-21417	10	31	are	be	VERB
fbem-21417	10	32	still	still	ADV
fbem-21417	10	33	problems	problem	NOUN
fbem-21417	10	34	of	of	ADP
fbem-21417	10	35	unbalanced	unbalanced	ADJ
fbem-21417	10	36	and	and	CCONJ
fbem-21417	10	37	insufficient	insufficient	ADJ
fbem-21417	10	38	disclosure[1	disclosure[1	NOUN
fbem-21417	10	39	]	]	PUNCT
fbem-21417	10	40	.	.	PUNCT
fbem-21417	11	1	among	among	ADP
fbem-21417	11	2	csi	csi	PROPN
fbem-21417	11	3	800	800	NUM
fbem-21417	11	4	constituent	constituent	NOUN
fbem-21417	11	5	listed	list	VERB
fbem-21417	11	6	companies	company	NOUN
fbem-21417	11	7	,	,	PUNCT
fbem-21417	11	8	the	the	DET
fbem-21417	11	9	disclosure	disclosure	NOUN
fbem-21417	11	10	rates	rate	NOUN
fbem-21417	11	11	of	of	ADP
fbem-21417	11	12	indicators	indicator	NOUN
fbem-21417	11	13	in	in	ADP
fbem-21417	11	14	the	the	DET
fbem-21417	11	15	three	three	NUM
fbem-21417	11	16	dimensions	dimension	NOUN
fbem-21417	11	17	are	be	AUX
fbem-21417	11	18	corporate	corporate	ADJ
fbem-21417	11	19	governance	governance	NOUN
fbem-21417	11	20	,	,	PUNCT
fbem-21417	11	21	environment	environment	NOUN
fbem-21417	11	22	and	and	CCONJ
fbem-21417	11	23	society	society	NOUN
fbem-21417	11	24	in	in	ADP
fbem-21417	11	25	descending	descend	VERB
fbem-21417	11	26	order	order	NOUN
fbem-21417	11	27	,	,	PUNCT
fbem-21417	11	28	and	and	CCONJ
fbem-21417	11	29	the	the	DET
fbem-21417	11	30	disclosure	disclosure	NOUN
fbem-21417	11	31	rates	rate	NOUN
fbem-21417	11	32	of	of	ADP
fbem-21417	11	33	most	most	ADJ
fbem-21417	11	34	voluntary	voluntary	ADJ
fbem-21417	11	35	disclosure	disclosure	NOUN
fbem-21417	11	36	indicators	indicator	NOUN
fbem-21417	11	37	are	be	AUX
fbem-21417	11	38	lower	low	ADJ
fbem-21417	11	39	,	,	PUNCT
fbem-21417	11	40	with	with	ADP
fbem-21417	11	41	qualitative	qualitative	ADJ
fbem-21417	11	42	disclosure	disclosure	NOUN
fbem-21417	11	43	being	be	AUX
fbem-21417	11	44	better	well	ADJ
fbem-21417	11	45	than	than	ADP
fbem-21417	11	46	quantitative	quantitative	ADJ
fbem-21417	11	47	disclosure	disclosure	NOUN
fbem-21417	11	48	.	.	PUNCT
fbem-21417	12	1	nowadays	nowadays	ADV
fbem-21417	12	2	,	,	PUNCT
fbem-21417	12	3	the	the	DET
fbem-21417	12	4	capital	capital	NOUN
fbem-21417	12	5	market	market	NOUN
fbem-21417	12	6	is	be	AUX
fbem-21417	12	7	paying	pay	VERB
fbem-21417	12	8	more	more	ADJ
fbem-21417	12	9	and	and	CCONJ
fbem-21417	12	10	more	more	ADJ
fbem-21417	12	11	attention	attention	NOUN
fbem-21417	12	12	to	to	ADP
fbem-21417	12	13	the	the	DET
fbem-21417	12	14	esg	esg	NOUN
fbem-21417	12	15	performance	performance	NOUN
fbem-21417	12	16	of	of	ADP
fbem-21417	12	17	enterprises	enterprise	NOUN
fbem-21417	12	18	.	.	PUNCT
fbem-21417	13	1	institutional	institutional	ADJ
fbem-21417	13	2	investors	investor	NOUN
fbem-21417	13	3	have	have	VERB
fbem-21417	13	4	an	an	DET
fbem-21417	13	5	esg	esg	NOUN
fbem-21417	13	6	preference	preference	NOUN
fbem-21417	13	7	,	,	PUNCT
fbem-21417	13	8	as	as	SCONJ
fbem-21417	13	9	rated	rate	VERB
fbem-21417	13	10	companies	company	NOUN
fbem-21417	13	11	have	have	VERB
fbem-21417	13	12	higher	high	ADJ
fbem-21417	13	13	stock	stock	NOUN
fbem-21417	13	14	returns	return	NOUN
fbem-21417	13	15	than	than	ADP
fbem-21417	13	16	those	those	PRON
fbem-21417	13	17	without	without	ADP
fbem-21417	13	18	esg	esg	NOUN
fbem-21417	13	19	ratings	rating	NOUN
fbem-21417	13	20	,	,	PUNCT
fbem-21417	13	21	and	and	CCONJ
fbem-21417	13	22	higher	high	ADJ
fbem-21417	13	23	rated	rate	VERB
fbem-21417	13	24	companies	company	NOUN
fbem-21417	13	25	have	have	VERB
fbem-21417	13	26	higher	high	ADJ
fbem-21417	13	27	stock	stock	NOUN
fbem-21417	13	28	returns	return	NOUN
fbem-21417	13	29	among	among	ADP
fbem-21417	13	30	rated	rate	VERB
fbem-21417	13	31	companies	company	NOUN
fbem-21417	13	32	.	.	PUNCT
fbem-21417	14	1	however	however	ADV
fbem-21417	14	2	,	,	PUNCT
fbem-21417	14	3	the	the	DET
fbem-21417	14	4	level	level	NOUN
fbem-21417	14	5	of	of	ADP
fbem-21417	14	6	esg	esg	PROPN
fbem-21417	14	7	management	management	NOUN
fbem-21417	14	8	among	among	ADP
fbem-21417	14	9	listed	list	VERB
fbem-21417	14	10	companies	company	NOUN
fbem-21417	14	11	varies	vary	VERB
fbem-21417	14	12	,	,	PUNCT
fbem-21417	14	13	the	the	DET
fbem-21417	14	14	quality	quality	NOUN
fbem-21417	14	15	of	of	ADP
fbem-21417	14	16	esg	esg	PROPN
fbem-21417	14	17	disclosure	disclosure	NOUN
fbem-21417	14	18	is	be	AUX
fbem-21417	14	19	not	not	PART
fbem-21417	14	20	high	high	ADJ
fbem-21417	14	21	,	,	PUNCT
fbem-21417	14	22	the	the	DET
fbem-21417	14	23	level	level	NOUN
fbem-21417	14	24	of	of	ADP
fbem-21417	14	25	esg	esg	PROPN
fbem-21417	14	26	disclosure	disclosure	NOUN
fbem-21417	14	27	varies	vary	VERB
fbem-21417	14	28	greatly	greatly	ADV
fbem-21417	14	29	among	among	ADP
fbem-21417	14	30	different	different	ADJ
fbem-21417	14	31	industries	industry	NOUN
fbem-21417	14	32	,	,	PUNCT
fbem-21417	14	33	and	and	CCONJ
fbem-21417	14	34	the	the	DET
fbem-21417	14	35	importance	importance	NOUN
fbem-21417	14	36	attached	attach	VERB
fbem-21417	14	37	to	to	ADP
fbem-21417	14	38	esg	esg	PROPN
fbem-21417	14	39	has	have	AUX
fbem-21417	14	40	not	not	PART
fbem-21417	14	41	yet	yet	ADV
fbem-21417	14	42	reached	reach	VERB
fbem-21417	14	43	the	the	DET
fbem-21417	14	44	strategic	strategic	ADJ
fbem-21417	14	45	level	level	NOUN
fbem-21417	14	46	it	it	PRON
fbem-21417	14	47	deserves	deserve	VERB
fbem-21417	14	48	.	.	PUNCT
fbem-21417	15	1	whether	whether	SCONJ
fbem-21417	15	2	and	and	CCONJ
fbem-21417	15	3	how	how	SCONJ
fbem-21417	15	4	firms	firm	NOUN
fbem-21417	15	5	investing	invest	VERB
fbem-21417	15	6	capital	capital	NOUN
fbem-21417	15	7	in	in	ADP
fbem-21417	15	8	esg	esg	PROPN
fbem-21417	15	9	practices	practice	NOUN
fbem-21417	15	10	can	can	AUX
fbem-21417	15	11	realize	realize	VERB
fbem-21417	15	12	improvements	improvement	NOUN
fbem-21417	15	13	in	in	ADP
fbem-21417	15	14	corporate	corporate	ADJ
fbem-21417	15	15	financial	financial	ADJ
fbem-21417	15	16	performance	performance	NOUN
fbem-21417	15	17	.	.	PUNCT
fbem-21417	16	1	it	it	PRON
fbem-21417	16	2	has	have	AUX
fbem-21417	16	3	become	become	VERB
fbem-21417	16	4	a	a	DET
fbem-21417	16	5	topic	topic	NOUN
fbem-21417	16	6	explored	explore	VERB
fbem-21417	16	7	by	by	ADP
fbem-21417	16	8	many	many	ADJ
fbem-21417	16	9	scholars	scholar	NOUN
fbem-21417	16	10	at	at	ADP
fbem-21417	16	11	home	home	NOUN
fbem-21417	16	12	and	and	CCONJ
fbem-21417	16	13	abroad	abroad	ADV
fbem-21417	16	14	.	.	PUNCT
fbem-21417	17	1	according	accord	VERB
fbem-21417	17	2	to	to	ADP
fbem-21417	17	3	the	the	DET
fbem-21417	17	4	existing	exist	VERB
fbem-21417	17	5	literature	literature	NOUN
fbem-21417	17	6	,	,	PUNCT
fbem-21417	17	7	scholars	scholar	NOUN
fbem-21417	17	8	have	have	AUX
fbem-21417	17	9	not	not	PART
fbem-21417	17	10	reached	reach	VERB
fbem-21417	17	11	a	a	DET
fbem-21417	17	12	unanimous	unanimous	ADJ
fbem-21417	17	13	conclusion	conclusion	NOUN
fbem-21417	17	14	on	on	ADP
fbem-21417	17	15	the	the	DET
fbem-21417	17	16	relationship	relationship	NOUN
fbem-21417	17	17	between	between	ADP
fbem-21417	17	18	corporate	corporate	ADJ
fbem-21417	17	19	esg	esg	NOUN
fbem-21417	17	20	performance	performance	NOUN
fbem-21417	17	21	and	and	CCONJ
fbem-21417	17	22	financial	financial	ADJ
fbem-21417	17	23	performance	performance	NOUN
fbem-21417	17	24	,	,	PUNCT
fbem-21417	17	25	with	with	ADP
fbem-21417	17	26	the	the	DET
fbem-21417	17	27	following	follow	VERB
fbem-21417	17	28	three	three	NUM
fbem-21417	17	29	main	main	ADJ
fbem-21417	17	30	views	view	NOUN
fbem-21417	17	31	:	:	PUNCT
fbem-21417	17	32	first	first	ADV
fbem-21417	17	33	,	,	PUNCT
fbem-21417	17	34	based	base	VERB
fbem-21417	17	35	on	on	ADP
fbem-21417	17	36	the	the	DET
fbem-21417	17	37	stakeholder	stakeholder	NOUN
fbem-21417	17	38	theory	theory	NOUN
fbem-21417	17	39	,	,	PUNCT
fbem-21417	17	40	some	some	DET
fbem-21417	17	41	scholars	scholar	NOUN
fbem-21417	17	42	believe	believe	VERB
fbem-21417	17	43	that	that	SCONJ
fbem-21417	17	44	through	through	ADP
fbem-21417	17	45	esg	esg	PROPN
fbem-21417	17	46	practices	practice	NOUN
fbem-21417	17	47	,	,	PUNCT
fbem-21417	17	48	corporations	corporation	NOUN
fbem-21417	17	49	incorporate	incorporate	VERB
fbem-21417	17	50	stakeholders	stakeholder	NOUN
fbem-21417	17	51	into	into	ADP
fbem-21417	17	52	the	the	DET
fbem-21417	17	53	process	process	NOUN
fbem-21417	17	54	of	of	ADP
fbem-21417	17	55	value	value	NOUN
fbem-21417	17	56	creation	creation	NOUN
fbem-21417	17	57	,	,	PUNCT
fbem-21417	17	58	alleviate	alleviate	VERB
fbem-21417	17	59	the	the	DET
fbem-21417	17	60	problem	problem	NOUN
fbem-21417	17	61	of	of	ADP
fbem-21417	17	62	information	information	NOUN
fbem-21417	17	63	asymmetry	asymmetry	NOUN
fbem-21417	17	64	,	,	PUNCT
fbem-21417	17	65	and	and	CCONJ
fbem-21417	17	66	enhance	enhance	VERB
fbem-21417	17	67	corporate	corporate	ADJ
fbem-21417	17	68	credibility	credibility	NOUN
fbem-21417	17	69	,	,	PUNCT
fbem-21417	17	70	and	and	CCONJ
fbem-21417	17	71	thus	thus	ADV
fbem-21417	17	72	esg	esg	NOUN
fbem-21417	17	73	performance	performance	NOUN
fbem-21417	17	74	is	be	AUX
fbem-21417	17	75	performance[2];significantly	performance[2];significantly	ADV
fbem-21417	17	76	positively	positively	ADV
fbem-21417	17	77	correlated	correlate	VERB
fbem-21417	17	78	with	with	ADP
fbem-21417	17	79	financial	financial	ADJ
fbem-21417	17	80	second	second	NOUN
fbem-21417	17	81	,	,	PUNCT
fbem-21417	17	82	based	base	VERB
fbem-21417	17	83	on	on	ADP
fbem-21417	17	84	neoclassical	neoclassical	ADJ
fbem-21417	17	85	economics	economic	NOUN
fbem-21417	17	86	,	,	PUNCT
fbem-21417	17	87	some	some	DET
fbem-21417	17	88	scholars	scholar	NOUN
fbem-21417	17	89	believe	believe	VERB
fbem-21417	17	90	that	that	SCONJ
fbem-21417	17	91	there	there	PRON
fbem-21417	17	92	are	be	VERB
fbem-21417	17	93	externalities	externality	NOUN
fbem-21417	17	94	in	in	ADP
fbem-21417	17	95	corporate	corporate	ADJ
fbem-21417	17	96	esg	esg	NOUN
fbem-21417	17	97	practices	practice	NOUN
fbem-21417	17	98	,	,	PUNCT
fbem-21417	17	99	and	and	CCONJ
fbem-21417	17	100	management	management	NOUN
fbem-21417	17	101	may	may	AUX
fbem-21417	17	102	use	use	VERB
fbem-21417	17	103	them	they	PRON
fbem-21417	17	104	as	as	ADP
fbem-21417	17	105	a	a	DET
fbem-21417	17	106	tool	tool	NOUN
fbem-21417	17	107	to	to	PART
fbem-21417	17	108	pursue	pursue	VERB
fbem-21417	17	109	their	their	PRON
fbem-21417	17	110	own	own	ADJ
fbem-21417	17	111	interests	interest	NOUN
fbem-21417	17	112	.	.	PUNCT
fbem-21417	18	1	secondly	secondly	ADV
fbem-21417	18	2	,	,	PUNCT
fbem-21417	18	3	based	base	VERB
fbem-21417	18	4	on	on	ADP
fbem-21417	18	5	neoclassical	neoclassical	ADJ
fbem-21417	18	6	economic	economic	ADJ
fbem-21417	18	7	theory	theory	NOUN
fbem-21417	18	8	,	,	PUNCT
fbem-21417	18	9	some	some	DET
fbem-21417	18	10	scholars	scholar	NOUN
fbem-21417	18	11	believe	believe	VERB
fbem-21417	18	12	that	that	SCONJ
fbem-21417	18	13	there	there	PRON
fbem-21417	18	14	are	be	VERB
fbem-21417	18	15	externalities	externality	NOUN
fbem-21417	18	16	in	in	ADP
fbem-21417	18	17	the	the	DET
fbem-21417	18	18	inputs	input	NOUN
fbem-21417	18	19	of	of	ADP
fbem-21417	18	20	corporate	corporate	ADJ
fbem-21417	18	21	esg	esg	NOUN
fbem-21417	18	22	practices	practice	NOUN
fbem-21417	18	23	and	and	CCONJ
fbem-21417	18	24	management	management	NOUN
fbem-21417	18	25	may	may	AUX
fbem-21417	18	26	use	use	VERB
fbem-21417	18	27	them	they	PRON
fbem-21417	18	28	as	as	ADP
fbem-21417	18	29	a	a	DET
fbem-21417	18	30	tool	tool	NOUN
fbem-21417	18	31	to	to	PART
fbem-21417	18	32	pursue	pursue	VERB
fbem-21417	18	33	their	their	PRON
fbem-21417	18	34	own	own	ADJ
fbem-21417	18	35	interests	interest	NOUN
fbem-21417	18	36	,	,	PUNCT
fbem-21417	18	37	thus	thus	ADV
fbem-21417	18	38	esg	esg	NOUN
fbem-21417	18	39	performance	performance	NOUN
fbem-21417	18	40	is	be	AUX
fbem-21417	18	41	negatively	negatively	ADV
fbem-21417	18	42	correlated	correlate	VERB
fbem-21417	18	43	or	or	CCONJ
fbem-21417	18	44	irrelevant	irrelevant	ADJ
fbem-21417	18	45	to	to	ADP
fbem-21417	18	46	financial	financial	ADJ
fbem-21417	18	47	performance	performance	NOUN
fbem-21417	19	1	[	[	X
fbem-21417	19	2	3][4	3][4	NOUN
fbem-21417	19	3	]	]	X
fbem-21417	19	4	;	;	PUNCT
fbem-21417	19	5	thirdly	thirdly	ADV
fbem-21417	19	6	,	,	PUNCT
fbem-21417	19	7	based	base	VERB
fbem-21417	19	8	on	on	ADP
fbem-21417	19	9	cost	cost	NOUN
fbem-21417	19	10	-	-	PUNCT
fbem-21417	19	11	benefit	benefit	NOUN
fbem-21417	19	12	theory	theory	NOUN
fbem-21417	19	13	,	,	PUNCT
fbem-21417	19	14	some	some	DET
fbem-21417	19	15	scholars	scholar	NOUN
fbem-21417	19	16	believe	believe	VERB
fbem-21417	19	17	that	that	SCONJ
fbem-21417	19	18	the	the	DET
fbem-21417	19	19	impact	impact	NOUN
fbem-21417	19	20	of	of	ADP
fbem-21417	19	21	esg	esg	PROPN
fbem-21417	19	22	performance	performance	NOUN
fbem-21417	19	23	on	on	ADP
fbem-21417	19	24	financial	financial	ADJ
fbem-21417	19	25	performance	performance	NOUN
fbem-21417	19	26	can	can	AUX
fbem-21417	19	27	be	be	AUX
fbem-21417	19	28	manifested	manifest	VERB
fbem-21417	19	29	in	in	ADP
fbem-21417	19	30	the	the	DET
fbem-21417	19	31	form	form	NOUN
fbem-21417	19	32	of	of	ADP
fbem-21417	19	33	a	a	DET
fbem-21417	19	34	learning	learn	VERB
fbem-21417	19	35	curve	curve	NOUN
fbem-21417	19	36	and	and	CCONJ
fbem-21417	19	37	synergistic	synergistic	ADJ
fbem-21417	19	38	effects	effect	NOUN
fbem-21417	19	39	,	,	PUNCT
fbem-21417	19	40	which	which	PRON
fbem-21417	19	41	show	show	VERB
fbem-21417	19	42	the	the	DET
fbem-21417	19	43	"	"	PUNCT
fbem-21417	19	44	u	u	NOUN
fbem-21417	19	45	"	"	PUNCT
fbem-21417	19	46	shape	shape	NOUN
fbem-21417	19	47	of	of	ADP
fbem-21417	19	48	esg	esg	NOUN
fbem-21417	19	49	performance	performance	NOUN
fbem-21417	19	50	,	,	PUNCT
fbem-21417	19	51	and	and	CCONJ
fbem-21417	19	52	the	the	DET
fbem-21417	19	53	"	"	PUNCT
fbem-21417	19	54	u	u	NOUN
fbem-21417	19	55	"	"	PUNCT
fbem-21417	19	56	shape	shape	NOUN
fbem-21417	19	57	of	of	ADP
fbem-21417	19	58	esg	esg	PROPN
fbem-21417	19	59	performance	performance	NOUN
fbem-21417	19	60	.	.	PUNCT
fbem-21417	20	1	"	"	PUNCT
fbem-21417	20	2	u"shaped	u"shape	VERB
fbem-21417	20	3	influence	influence	NOUN
fbem-21417	20	4	relationship	relationship	NOUN
fbem-21417	20	5	[	[	X
fbem-21417	20	6	5	5	NUM
fbem-21417	20	7	]	]	PUNCT
fbem-21417	20	8	.	.	PUNCT
fbem-21417	21	1	therefore	therefore	ADV
fbem-21417	21	2	,	,	PUNCT
fbem-21417	21	3	a	a	DET
fbem-21417	21	4	review	review	NOUN
fbem-21417	21	5	of	of	ADP
fbem-21417	21	6	the	the	DET
fbem-21417	21	7	above	above	ADJ
fbem-21417	21	8	literature	literature	NOUN
fbem-21417	21	9	suggests	suggest	VERB
fbem-21417	21	10	that	that	SCONJ
fbem-21417	21	11	the	the	DET
fbem-21417	21	12	impact	impact	NOUN
fbem-21417	21	13	of	of	ADP
fbem-21417	21	14	esg	esg	NOUN
fbem-21417	21	15	performance	performance	NOUN
fbem-21417	21	16	on	on	ADP
fbem-21417	21	17	the	the	DET
fbem-21417	21	18	financial	financial	ADJ
fbem-21417	21	19	performance	performance	NOUN
fbem-21417	21	20	of	of	ADP
fbem-21417	21	21	firms	firm	NOUN
fbem-21417	21	22	in	in	ADP
fbem-21417	21	23	the	the	DET
fbem-21417	21	24	mining	mining	NOUN
fbem-21417	21	25	industry	industry	NOUN
fbem-21417	21	26	is	be	AUX
fbem-21417	21	27	still	still	ADV
fbem-21417	21	28	unknown	unknown	ADJ
fbem-21417	21	29	.	.	PUNCT
fbem-21417	22	1	mining	mining	NOUN
fbem-21417	22	2	companies	company	NOUN
fbem-21417	22	3	,	,	PUNCT
fbem-21417	22	4	due	due	ADP
fbem-21417	22	5	to	to	ADP
fbem-21417	22	6	their	their	PRON
fbem-21417	22	7	high	high	ADJ
fbem-21417	22	8	pollution	pollution	NOUN
fbem-21417	22	9	,	,	PUNCT
fbem-21417	22	10	high	high	ADJ
fbem-21417	22	11	energy	energy	NOUN
fbem-21417	22	12	consumption	consumption	NOUN
fbem-21417	22	13	and	and	CCONJ
fbem-21417	22	14	high	high	ADJ
fbem-21417	22	15	emissions	emission	NOUN
fbem-21417	22	16	,	,	PUNCT
fbem-21417	22	17	are	be	AUX
fbem-21417	22	18	different	different	ADJ
fbem-21417	22	19	from	from	ADP
fbem-21417	22	20	other	other	ADJ
fbem-21417	22	21	companies	company	NOUN
fbem-21417	22	22	and	and	CCONJ
fbem-21417	22	23	should	should	AUX
fbem-21417	22	24	take	take	VERB
fbem-21417	22	25	more	more	ADV
fbem-21417	22	26	environmental	environmental	ADJ
fbem-21417	22	27	and	and	CCONJ
fbem-21417	22	28	social	social	ADJ
fbem-21417	22	29	responsibilities	responsibility	NOUN
fbem-21417	22	30	in	in	ADP
fbem-21417	22	31	terms	term	NOUN
fbem-21417	22	32	of	of	ADP
fbem-21417	22	33	esg	esg	PROPN
fbem-21417	22	34	performance	performance	NOUN
fbem-21417	22	35	.	.	PUNCT
fbem-21417	23	1	based	base	VERB
fbem-21417	23	2	on	on	ADP
fbem-21417	23	3	this	this	PRON
fbem-21417	23	4	,	,	PUNCT
fbem-21417	23	5	research	research	NOUN
fbem-21417	23	6	on	on	ADP
fbem-21417	23	7	the	the	DET
fbem-21417	23	8	effect	effect	NOUN
fbem-21417	23	9	of	of	ADP
fbem-21417	23	10	esg	esg	PROPN
fbem-21417	23	11	performance	performance	NOUN
fbem-21417	23	12	on	on	ADP
fbem-21417	23	13	the	the	DET
fbem-21417	23	14	financial	financial	ADJ
fbem-21417	23	15	performance	performance	NOUN
fbem-21417	23	16	of	of	ADP
fbem-21417	23	17	mining	mining	NOUN
fbem-21417	23	18	enterprises	enterprise	NOUN
fbem-21417	23	19	can	can	AUX
fbem-21417	23	20	provide	provide	VERB
fbem-21417	23	21	empirical	empirical	ADJ
fbem-21417	23	22	127	127	NUM
fbem-21417	23	23	evidence	evidence	NOUN
fbem-21417	23	24	to	to	PART
fbem-21417	23	25	support	support	VERB
fbem-21417	23	26	the	the	DET
fbem-21417	23	27	green	green	ADJ
fbem-21417	23	28	transformation	transformation	NOUN
fbem-21417	23	29	of	of	ADP
fbem-21417	23	30	the	the	DET
fbem-21417	23	31	industry	industry	NOUN
fbem-21417	23	32	to	to	PART
fbem-21417	23	33	break	break	VERB
fbem-21417	23	34	through	through	ADP
fbem-21417	23	35	the	the	DET
fbem-21417	23	36	"	"	PUNCT
fbem-21417	23	37	three	three	NUM
fbem-21417	23	38	highs	high	NOUN
fbem-21417	23	39	"	"	PUNCT
fbem-21417	23	40	problem	problem	NOUN
fbem-21417	23	41	.	.	PUNCT
fbem-21417	24	1	this	this	DET
fbem-21417	24	2	paper	paper	NOUN
fbem-21417	24	3	focuses	focus	VERB
fbem-21417	24	4	on	on	ADP
fbem-21417	24	5	the	the	DET
fbem-21417	24	6	link	link	NOUN
fbem-21417	24	7	between	between	ADP
fbem-21417	24	8	the	the	DET
fbem-21417	24	9	esg	esg	NOUN
fbem-21417	24	10	performance	performance	NOUN
fbem-21417	24	11	of	of	ADP
fbem-21417	24	12	mining	mining	NOUN
fbem-21417	24	13	enterprises	enterprise	NOUN
fbem-21417	24	14	and	and	CCONJ
fbem-21417	24	15	their	their	PRON
fbem-21417	24	16	financial	financial	ADJ
fbem-21417	24	17	performance	performance	NOUN
fbem-21417	24	18	,	,	PUNCT
fbem-21417	24	19	and	and	CCONJ
fbem-21417	24	20	takes	take	VERB
fbem-21417	24	21	listed	list	VERB
fbem-21417	24	22	companies	company	NOUN
fbem-21417	24	23	in	in	ADP
fbem-21417	24	24	china	china	PROPN
fbem-21417	24	25	's	's	PART
fbem-21417	24	26	mining	mining	NOUN
fbem-21417	24	27	industry	industry	NOUN
fbem-21417	24	28	as	as	ADP
fbem-21417	24	29	an	an	DET
fbem-21417	24	30	example	example	NOUN
fbem-21417	24	31	from	from	ADP
fbem-21417	24	32	2018	2018	NUM
fbem-21417	24	33	-	-	SYM
fbem-21417	24	34	2022	2022	NUM
fbem-21417	24	35	to	to	PART
fbem-21417	24	36	explore	explore	VERB
fbem-21417	24	37	the	the	DET
fbem-21417	24	38	impact	impact	NOUN
fbem-21417	24	39	of	of	ADP
fbem-21417	24	40	esg	esg	NOUN
fbem-21417	24	41	performance	performance	NOUN
fbem-21417	24	42	on	on	ADP
fbem-21417	24	43	corporate	corporate	ADJ
fbem-21417	24	44	financial	financial	ADJ
fbem-21417	24	45	performance	performance	NOUN
fbem-21417	24	46	through	through	ADP
fbem-21417	24	47	empirical	empirical	ADJ
fbem-21417	24	48	research	research	NOUN
fbem-21417	24	49	in	in	ADP
fbem-21417	24	50	the	the	DET
fbem-21417	24	51	mining	mining	NOUN
fbem-21417	24	52	industry	industry	NOUN
fbem-21417	24	53	.	.	PUNCT
fbem-21417	25	1	the	the	DET
fbem-21417	25	2	results	result	NOUN
fbem-21417	25	3	of	of	ADP
fbem-21417	25	4	the	the	DET
fbem-21417	25	5	study	study	NOUN
fbem-21417	25	6	will	will	AUX
fbem-21417	25	7	provide	provide	VERB
fbem-21417	25	8	a	a	DET
fbem-21417	25	9	theoretical	theoretical	ADJ
fbem-21417	25	10	basis	basis	NOUN
fbem-21417	25	11	for	for	ADP
fbem-21417	25	12	the	the	DET
fbem-21417	25	13	sustainable	sustainable	ADJ
fbem-21417	25	14	development	development	NOUN
fbem-21417	25	15	of	of	ADP
fbem-21417	25	16	coal	coal	NOUN
fbem-21417	25	17	enterprises	enterprise	NOUN
fbem-21417	25	18	under	under	ADP
fbem-21417	25	19	the	the	DET
fbem-21417	25	20	esg	esg	PROPN
fbem-21417	25	21	perspective	perspective	NOUN
fbem-21417	25	22	,	,	PUNCT
fbem-21417	25	23	and	and	CCONJ
fbem-21417	25	24	provide	provide	VERB
fbem-21417	25	25	a	a	DET
fbem-21417	25	26	reference	reference	NOUN
fbem-21417	25	27	for	for	SCONJ
fbem-21417	25	28	the	the	DET
fbem-21417	25	29	government	government	NOUN
fbem-21417	25	30	to	to	PART
fbem-21417	25	31	guide	guide	VERB
fbem-21417	25	32	and	and	CCONJ
fbem-21417	25	33	incentivize	incentivize	VERB
fbem-21417	25	34	enterprises	enterprise	NOUN
fbem-21417	25	35	to	to	PART
fbem-21417	25	36	disclose	disclose	VERB
fbem-21417	25	37	esg	esg	PROPN
fbem-21417	25	38	information	information	NOUN
fbem-21417	25	39	,	,	PUNCT
fbem-21417	25	40	and	and	CCONJ
fbem-21417	25	41	promote	promote	VERB
fbem-21417	25	42	the	the	DET
fbem-21417	25	43	green	green	ADJ
fbem-21417	25	44	and	and	CCONJ
fbem-21417	25	45	sustainable	sustainable	ADJ
fbem-21417	25	46	development	development	NOUN
fbem-21417	25	47	of	of	ADP
fbem-21417	25	48	enterprises	enterprise	NOUN
fbem-21417	25	49	.	.	PUNCT
fbem-21417	26	1	2	2	X
fbem-21417	26	2	.	.	X
fbem-21417	26	3	literature	literature	NOUN
fbem-21417	26	4	review	review	PROPN
fbem-21417	26	5	currently	currently	ADV
fbem-21417	26	6	,	,	PUNCT
fbem-21417	26	7	scholars	scholar	NOUN
fbem-21417	26	8	'	'	PART
fbem-21417	26	9	research	research	NOUN
fbem-21417	26	10	on	on	ADP
fbem-21417	26	11	esg	esg	PROPN
fbem-21417	26	12	mainly	mainly	ADV
fbem-21417	26	13	focuses	focus	VERB
fbem-21417	26	14	on	on	ADP
fbem-21417	26	15	esg	esg	NOUN
fbem-21417	26	16	evaluation	evaluation	NOUN
fbem-21417	26	17	system	system	NOUN
fbem-21417	26	18	,	,	PUNCT
fbem-21417	26	19	esg	esg	PROPN
fbem-21417	26	20	information	information	NOUN
fbem-21417	26	21	disclosure	disclosure	NOUN
fbem-21417	26	22	and	and	CCONJ
fbem-21417	26	23	its	its	PRON
fbem-21417	26	24	economic	economic	ADJ
fbem-21417	26	25	consequences	consequence	NOUN
fbem-21417	26	26	.	.	PUNCT
fbem-21417	27	1	it	it	PRON
fbem-21417	27	2	is	be	AUX
fbem-21417	27	3	still	still	ADV
fbem-21417	27	4	a	a	DET
fbem-21417	27	5	controversial	controversial	ADJ
fbem-21417	27	6	issue	issue	NOUN
fbem-21417	27	7	how	how	SCONJ
fbem-21417	27	8	esg	esg	NOUN
fbem-21417	27	9	performance	performance	NOUN
fbem-21417	27	10	affects	affect	VERB
fbem-21417	27	11	corporate	corporate	ADJ
fbem-21417	27	12	financial	financial	ADJ
fbem-21417	27	13	performance	performance	NOUN
fbem-21417	27	14	and	and	CCONJ
fbem-21417	27	15	enhances	enhance	VERB
fbem-21417	27	16	corporate	corporate	ADJ
fbem-21417	27	17	value	value	NOUN
fbem-21417	27	18	.	.	PUNCT
fbem-21417	28	1	in	in	ADP
fbem-21417	28	2	addition	addition	NOUN
fbem-21417	28	3	to	to	ADP
fbem-21417	28	4	studying	study	VERB
fbem-21417	28	5	the	the	DET
fbem-21417	28	6	impact	impact	NOUN
fbem-21417	28	7	of	of	ADP
fbem-21417	28	8	esg	esg	NOUN
fbem-21417	28	9	performance	performance	NOUN
fbem-21417	28	10	on	on	ADP
fbem-21417	28	11	corporate	corporate	ADJ
fbem-21417	28	12	financial	financial	ADJ
fbem-21417	28	13	performance	performance	NOUN
fbem-21417	28	14	from	from	ADP
fbem-21417	28	15	the	the	DET
fbem-21417	28	16	three	three	NUM
fbem-21417	28	17	dimensions	dimension	NOUN
fbem-21417	28	18	of	of	ADP
fbem-21417	28	19	esg	esg	NOUN
fbem-21417	28	20	indicators	indicator	NOUN
fbem-21417	28	21	,	,	PUNCT
fbem-21417	28	22	a	a	DET
fbem-21417	28	23	large	large	ADJ
fbem-21417	28	24	number	number	NOUN
fbem-21417	28	25	of	of	ADP
fbem-21417	28	26	scholars	scholar	NOUN
fbem-21417	28	27	have	have	AUX
fbem-21417	28	28	also	also	ADV
fbem-21417	28	29	studied	study	VERB
fbem-21417	28	30	the	the	DET
fbem-21417	28	31	impact	impact	NOUN
fbem-21417	28	32	of	of	ADP
fbem-21417	28	33	corporate	corporate	ADJ
fbem-21417	28	34	esg	esg	NOUN
fbem-21417	28	35	performance	performance	NOUN
fbem-21417	28	36	on	on	ADP
fbem-21417	28	37	financial	financial	ADJ
fbem-21417	28	38	performance	performance	NOUN
fbem-21417	28	39	as	as	ADP
fbem-21417	28	40	a	a	DET
fbem-21417	28	41	comprehensive	comprehensive	ADJ
fbem-21417	28	42	indicator	indicator	NOUN
fbem-21417	28	43	.	.	PUNCT
fbem-21417	29	1	since	since	SCONJ
fbem-21417	29	2	there	there	PRON
fbem-21417	29	3	is	be	VERB
fbem-21417	29	4	no	no	DET
fbem-21417	29	5	standardized	standardized	ADJ
fbem-21417	29	6	index	index	NOUN
fbem-21417	29	7	for	for	ADP
fbem-21417	29	8	measuring	measure	VERB
fbem-21417	29	9	esg	esg	NOUN
fbem-21417	29	10	performance	performance	NOUN
fbem-21417	29	11	,	,	PUNCT
fbem-21417	29	12	this	this	DET
fbem-21417	29	13	issue	issue	NOUN
fbem-21417	29	14	has	have	VERB
fbem-21417	29	15	high	high	ADJ
fbem-21417	29	16	research	research	NOUN
fbem-21417	29	17	value	value	NOUN
fbem-21417	29	18	in	in	ADP
fbem-21417	29	19	the	the	DET
fbem-21417	29	20	academic	academic	ADJ
fbem-21417	29	21	world	world	NOUN
fbem-21417	29	22	.	.	PUNCT
fbem-21417	30	1	relevant	relevant	ADJ
fbem-21417	30	2	scholars	scholar	NOUN
fbem-21417	30	3	believe	believe	VERB
fbem-21417	30	4	that	that	SCONJ
fbem-21417	30	5	enterprises	enterprise	NOUN
fbem-21417	30	6	should	should	AUX
fbem-21417	30	7	take	take	VERB
fbem-21417	30	8	the	the	DET
fbem-21417	30	9	ideal	ideal	ADJ
fbem-21417	30	10	esg	esg	PROPN
fbem-21417	30	11	investment	investment	NOUN
fbem-21417	30	12	as	as	ADP
fbem-21417	30	13	the	the	DET
fbem-21417	30	14	long	long	ADJ
fbem-21417	30	15	-	-	PUNCT
fbem-21417	30	16	term	term	NOUN
fbem-21417	30	17	sustainable	sustainable	ADJ
fbem-21417	30	18	investment	investment	NOUN
fbem-21417	30	19	of	of	ADP
fbem-21417	30	20	the	the	DET
fbem-21417	30	21	enterprise	enterprise	NOUN
fbem-21417	30	22	,	,	PUNCT
fbem-21417	30	23	which	which	PRON
fbem-21417	30	24	is	be	AUX
fbem-21417	30	25	because	because	SCONJ
fbem-21417	30	26	good	good	ADJ
fbem-21417	30	27	esg	esg	PROPN
fbem-21417	30	28	performance	performance	NOUN
fbem-21417	30	29	can	can	AUX
fbem-21417	30	30	improve	improve	VERB
fbem-21417	30	31	the	the	DET
fbem-21417	30	32	investment	investment	NOUN
fbem-21417	30	33	efficiency	efficiency	NOUN
fbem-21417	30	34	of	of	ADP
fbem-21417	30	35	the	the	DET
fbem-21417	30	36	enterprise	enterprise	NOUN
fbem-21417	30	37	,	,	PUNCT
fbem-21417	30	38	reduce	reduce	VERB
fbem-21417	30	39	the	the	DET
fbem-21417	30	40	risk	risk	NOUN
fbem-21417	30	41	of	of	ADP
fbem-21417	30	42	stock	stock	NOUN
fbem-21417	30	43	price	price	NOUN
fbem-21417	30	44	collapse	collapse	NOUN
fbem-21417	30	45	and	and	CCONJ
fbem-21417	30	46	lower	lower	VERB
fbem-21417	30	47	the	the	DET
fbem-21417	30	48	cost	cost	NOUN
fbem-21417	30	49	of	of	ADP
fbem-21417	30	50	financing	financing	NOUN
fbem-21417	30	51	[	[	X
fbem-21417	30	52	6	6	NUM
fbem-21417	30	53	]	]	PUNCT
fbem-21417	30	54	.	.	PUNCT
fbem-21417	31	1	corporate	corporate	ADJ
fbem-21417	31	2	financial	financial	ADJ
fbem-21417	31	3	performance	performance	NOUN
fbem-21417	31	4	is	be	AUX
fbem-21417	31	5	generally	generally	ADV
fbem-21417	31	6	measured	measure	VERB
fbem-21417	31	7	by	by	ADP
fbem-21417	31	8	two	two	NUM
fbem-21417	31	9	types	type	NOUN
fbem-21417	31	10	of	of	ADP
fbem-21417	31	11	indicators	indicator	NOUN
fbem-21417	31	12	,	,	PUNCT
fbem-21417	31	13	namely	namely	ADV
fbem-21417	31	14	,	,	PUNCT
fbem-21417	31	15	the	the	DET
fbem-21417	31	16	financial	financial	ADJ
fbem-21417	31	17	performance	performance	NOUN
fbem-21417	31	18	of	of	ADP
fbem-21417	31	19	corporate	corporate	ADJ
fbem-21417	31	20	accounting	accounting	NOUN
fbem-21417	31	21	information	information	NOUN
fbem-21417	31	22	performance	performance	NOUN
fbem-21417	31	23	indicators	indicator	NOUN
fbem-21417	31	24	and	and	CCONJ
fbem-21417	31	25	financial	financial	ADJ
fbem-21417	31	26	performance	performance	NOUN
fbem-21417	31	27	indicators	indicator	NOUN
fbem-21417	31	28	based	base	VERB
fbem-21417	31	29	on	on	ADP
fbem-21417	31	30	capital	capital	NOUN
fbem-21417	31	31	market	market	NOUN
fbem-21417	31	32	information	information	NOUN
fbem-21417	31	33	.	.	PUNCT
fbem-21417	32	1	the	the	DET
fbem-21417	32	2	literature	literature	NOUN
fbem-21417	32	3	suggests	suggest	VERB
fbem-21417	32	4	that	that	SCONJ
fbem-21417	32	5	esg	esg	PROPN
fbem-21417	32	6	performance	performance	NOUN
fbem-21417	32	7	is	be	AUX
fbem-21417	32	8	generally	generally	ADV
fbem-21417	32	9	associated	associate	VERB
fbem-21417	32	10	with	with	ADP
fbem-21417	32	11	a	a	DET
fbem-21417	32	12	higher	high	ADJ
fbem-21417	32	13	level	level	NOUN
fbem-21417	32	14	of	of	ADP
fbem-21417	32	15	financial	financial	ADJ
fbem-21417	32	16	performance	performance	NOUN
fbem-21417	32	17	based	base	VERB
fbem-21417	32	18	on	on	ADP
fbem-21417	32	19	the	the	DET
fbem-21417	32	20	accounting	accounting	NOUN
fbem-21417	32	21	and	and	CCONJ
fbem-21417	32	22	financial	financial	ADJ
fbem-21417	32	23	market	market	NOUN
fbem-21417	32	24	information	information	NOUN
fbem-21417	32	25	.	.	PUNCT
fbem-21417	33	1	while	while	SCONJ
fbem-21417	33	2	financial	financial	ADJ
fbem-21417	33	3	performance	performance	NOUN
fbem-21417	33	4	indicators	indicator	NOUN
fbem-21417	33	5	based	base	VERB
fbem-21417	33	6	on	on	ADP
fbem-21417	33	7	accounting	accounting	NOUN
fbem-21417	33	8	information	information	NOUN
fbem-21417	33	9	are	be	AUX
fbem-21417	33	10	positively	positively	ADV
fbem-21417	33	11	correlated	correlate	VERB
fbem-21417	33	12	,	,	PUNCT
fbem-21417	33	13	the	the	DET
fbem-21417	33	14	correlation	correlation	NOUN
fbem-21417	33	15	between	between	ADP
fbem-21417	33	16	esg	esg	NOUN
fbem-21417	33	17	performance	performance	NOUN
fbem-21417	33	18	and	and	CCONJ
fbem-21417	33	19	financial	financial	ADJ
fbem-21417	33	20	performance	performance	NOUN
fbem-21417	33	21	indicators	indicator	NOUN
fbem-21417	33	22	based	base	VERB
fbem-21417	33	23	on	on	ADP
fbem-21417	33	24	capital	capital	NOUN
fbem-21417	33	25	market	market	NOUN
fbem-21417	33	26	information	information	NOUN
fbem-21417	33	27	has	have	AUX
fbem-21417	33	28	been	be	AUX
fbem-21417	33	29	analyzed	analyze	VERB
fbem-21417	33	30	with	with	ADP
fbem-21417	33	31	some	some	DET
fbem-21417	33	32	studies	study	NOUN
fbem-21417	33	33	supporting	support	VERB
fbem-21417	33	34	a	a	DET
fbem-21417	33	35	positive	positive	ADJ
fbem-21417	33	36	correlation	correlation	NOUN
fbem-21417	33	37	and	and	CCONJ
fbem-21417	33	38	others	other	NOUN
fbem-21417	33	39	supporting	support	VERB
fbem-21417	33	40	a	a	DET
fbem-21417	33	41	negative	negative	ADJ
fbem-21417	33	42	correlation	correlation	NOUN
fbem-21417	33	43	.	.	PUNCT
fbem-21417	34	1	in	in	ADP
fbem-21417	34	2	the	the	DET
fbem-21417	34	3	existing	exist	VERB
fbem-21417	34	4	studies	study	NOUN
fbem-21417	34	5	on	on	ADP
fbem-21417	34	6	esg	esg	PROPN
fbem-21417	34	7	performance	performance	NOUN
fbem-21417	34	8	and	and	CCONJ
fbem-21417	34	9	accounting	accounting	NOUN
fbem-21417	34	10	-	-	PUNCT
fbem-21417	34	11	based	base	VERB
fbem-21417	34	12	corporate	corporate	ADJ
fbem-21417	34	13	financial	financial	ADJ
fbem-21417	34	14	performance	performance	NOUN
fbem-21417	34	15	in	in	ADP
fbem-21417	34	16	the	the	DET
fbem-21417	34	17	chinese	chinese	ADJ
fbem-21417	34	18	context	context	NOUN
fbem-21417	34	19	,	,	PUNCT
fbem-21417	34	20	yuan	yuan	NOUN
fbem-21417	34	21	yehu	yehu	X
fbem-21417	34	22	et	et	PROPN
fbem-21417	34	23	al	al	PROPN
fbem-21417	35	1	[	[	X
fbem-21417	35	2	7	7	X
fbem-21417	35	3	]	]	PUNCT
fbem-21417	35	4	ignored	ignore	VERB
fbem-21417	35	5	the	the	DET
fbem-21417	35	6	impact	impact	NOUN
fbem-21417	35	7	of	of	ADP
fbem-21417	35	8	different	different	ADJ
fbem-21417	35	9	dimensions	dimension	NOUN
fbem-21417	35	10	of	of	ADP
fbem-21417	35	11	esg	esg	PROPN
fbem-21417	35	12	performance	performance	NOUN
fbem-21417	35	13	on	on	ADP
fbem-21417	35	14	corporate	corporate	ADJ
fbem-21417	35	15	financial	financial	ADJ
fbem-21417	35	16	performance	performance	NOUN
fbem-21417	35	17	.	.	PUNCT
fbem-21417	36	1	although	although	SCONJ
fbem-21417	36	2	the	the	DET
fbem-21417	36	3	results	result	NOUN
fbem-21417	36	4	of	of	ADP
fbem-21417	36	5	li	li	PROPN
fbem-21417	36	6	jinglin	jinglin	PROPN
fbem-21417	36	7	et	et	PROPN
fbem-21417	36	8	al	al	PROPN
fbem-21417	37	1	[	[	X
fbem-21417	37	2	8	8	NUM
fbem-21417	37	3	]	]	PUNCT
fbem-21417	37	4	support	support	VERB
fbem-21417	37	5	the	the	DET
fbem-21417	37	6	positive	positive	ADJ
fbem-21417	37	7	relationship	relationship	NOUN
fbem-21417	37	8	between	between	ADP
fbem-21417	37	9	overall	overall	ADJ
fbem-21417	37	10	esg	esg	PROPN
fbem-21417	37	11	and	and	CCONJ
fbem-21417	37	12	its	its	PRON
fbem-21417	37	13	dimensions	dimension	NOUN
fbem-21417	37	14	and	and	CCONJ
fbem-21417	37	15	corporate	corporate	ADJ
fbem-21417	37	16	financial	financial	ADJ
fbem-21417	37	17	performance	performance	NOUN
fbem-21417	37	18	,	,	PUNCT
fbem-21417	37	19	the	the	DET
fbem-21417	37	20	data	datum	NOUN
fbem-21417	37	21	used	use	VERB
fbem-21417	37	22	to	to	PART
fbem-21417	37	23	measure	measure	VERB
fbem-21417	37	24	the	the	DET
fbem-21417	37	25	esg	esg	PROPN
fbem-21417	37	26	dimensions	dimension	NOUN
fbem-21417	37	27	come	come	VERB
fbem-21417	37	28	from	from	ADP
fbem-21417	37	29	different	different	ADJ
fbem-21417	37	30	databases	database	NOUN
fbem-21417	37	31	,	,	PUNCT
fbem-21417	37	32	and	and	CCONJ
fbem-21417	37	33	the	the	DET
fbem-21417	37	34	systematicity	systematicity	NOUN
fbem-21417	37	35	and	and	CCONJ
fbem-21417	37	36	consistency	consistency	NOUN
fbem-21417	37	37	of	of	ADP
fbem-21417	37	38	the	the	DET
fbem-21417	37	39	data	datum	NOUN
fbem-21417	37	40	sources	source	NOUN
fbem-21417	37	41	need	need	VERB
fbem-21417	37	42	to	to	PART
fbem-21417	37	43	be	be	AUX
fbem-21417	37	44	considered	consider	VERB
fbem-21417	37	45	.	.	PUNCT
fbem-21417	38	1	jiangtao	jiangtao	PROPN
fbem-21417	38	2	et	et	PROPN
fbem-21417	38	3	al	al	PROPN
fbem-21417	39	1	[	[	X
fbem-21417	39	2	9	9	NUM
fbem-21417	39	3	]	]	PUNCT
fbem-21417	39	4	(	(	PUNCT
fbem-21417	39	5	2022	2022	NUM
fbem-21417	39	6	)	)	PUNCT
fbem-21417	39	7	selected	select	VERB
fbem-21417	39	8	a	a	DET
fbem-21417	39	9	-	-	PUNCT
fbem-21417	39	10	share	share	NOUN
fbem-21417	39	11	listed	list	VERB
fbem-21417	39	12	companies	company	NOUN
fbem-21417	39	13	in	in	ADP
fbem-21417	39	14	china'spharmaceutical	china'spharmaceutical	ADJ
fbem-21417	39	15	manufacturing	manufacturing	NOUN
fbem-21417	39	16	industry	industry	NOUN
fbem-21417	39	17	in	in	ADP
fbem-21417	39	18	2015	2015	NUM
fbem-21417	39	19	-	-	SYM
fbem-21417	39	20	2019	2019	NUM
fbem-21417	39	21	as	as	ADP
fbem-21417	39	22	the	the	DET
fbem-21417	39	23	research	research	NOUN
fbem-21417	39	24	object	object	NOUN
fbem-21417	39	25	,	,	PUNCT
fbem-21417	39	26	and	and	CCONJ
fbem-21417	39	27	constructed	construct	VERB
fbem-21417	39	28	a	a	DET
fbem-21417	39	29	model	model	NOUN
fbem-21417	39	30	with	with	ADP
fbem-21417	39	31	media	medium	NOUN
fbem-21417	39	32	attention	attention	NOUN
fbem-21417	39	33	as	as	ADP
fbem-21417	39	34	the	the	DET
fbem-21417	39	35	mediating	mediate	VERB
fbem-21417	39	36	variable	variable	NOUN
fbem-21417	39	37	to	to	PART
fbem-21417	39	38	study	study	VERB
fbem-21417	39	39	the	the	DET
fbem-21417	39	40	relationship	relationship	NOUN
fbem-21417	39	41	between	between	ADP
fbem-21417	39	42	esg	esg	PROPN
fbem-21417	39	43	performance	performance	NOUN
fbem-21417	39	44	,	,	PUNCT
fbem-21417	39	45	media	medium	NOUN
fbem-21417	39	46	attention	attention	NOUN
fbem-21417	39	47	and	and	CCONJ
fbem-21417	39	48	corporate	corporate	ADJ
fbem-21417	39	49	financial	financial	ADJ
fbem-21417	39	50	performance	performance	NOUN
fbem-21417	39	51	.	.	PUNCT
fbem-21417	40	1	the	the	DET
fbem-21417	40	2	study	study	NOUN
fbem-21417	40	3	shows	show	VERB
fbem-21417	40	4	that	that	SCONJ
fbem-21417	40	5	corporate	corporate	ADJ
fbem-21417	40	6	esg	esg	NOUN
fbem-21417	40	7	performance	performance	NOUN
fbem-21417	40	8	has	have	VERB
fbem-21417	40	9	a	a	DET
fbem-21417	40	10	significant	significant	ADJ
fbem-21417	40	11	positive	positive	ADJ
fbem-21417	40	12	impact	impact	NOUN
fbem-21417	40	13	on	on	ADP
fbem-21417	40	14	corporate	corporate	ADJ
fbem-21417	40	15	financial	financial	ADJ
fbem-21417	40	16	performance	performance	NOUN
fbem-21417	40	17	,	,	PUNCT
fbem-21417	40	18	in	in	ADP
fbem-21417	40	19	which	which	PRON
fbem-21417	40	20	media	medium	NOUN
fbem-21417	40	21	attention	attention	NOUN
fbem-21417	40	22	plays	play	VERB
fbem-21417	40	23	amediating	amediate	VERB
fbem-21417	40	24	role	role	NOUN
fbem-21417	40	25	.	.	PUNCT
fbem-21417	41	1	lin	lin	PROPN
fbem-21417	41	2	zhang	zhang	PROPN
fbem-21417	41	3	and	and	CCONJ
fbem-21417	41	4	haitao	haitao	PROPN
fbem-21417	41	5	zhao	zhao	PROPN
fbem-21417	42	1	[	[	X
fbem-21417	42	2	10	10	NUM
fbem-21417	42	3	]	]	SYM
fbem-21417	42	4	(	(	PUNCT
fbem-21417	42	5	2019	2019	NUM
fbem-21417	42	6	)	)	PUNCT
fbem-21417	42	7	used	use	VERB
fbem-21417	42	8	a	a	DET
fbem-21417	42	9	two	two	NUM
fbem-21417	42	10	-	-	PUNCT
fbem-21417	42	11	wayfixed	wayfixe	VERB
fbem-21417	42	12	-	-	PUNCT
fbem-21417	42	13	effects	effect	NOUN
fbem-21417	42	14	model	model	NOUN
fbem-21417	42	15	to	to	PART
fbem-21417	42	16	analyze	analyze	VERB
fbem-21417	42	17	the	the	DET
fbem-21417	42	18	impact	impact	NOUN
fbem-21417	42	19	of	of	ADP
fbem-21417	42	20	esg	esg	PROPN
fbem-21417	42	21	performance	performance	NOUN
fbem-21417	42	22	on	on	ADP
fbem-21417	42	23	enterprise	enterprise	NOUN
fbem-21417	42	24	value	value	NOUN
fbem-21417	42	25	,	,	PUNCT
fbem-21417	42	26	and	and	CCONJ
fbem-21417	42	27	at	at	ADP
fbem-21417	42	28	the	the	DET
fbem-21417	42	29	same	same	ADJ
fbem-21417	42	30	time	time	NOUN
fbem-21417	42	31	explored	explore	VERB
fbem-21417	42	32	the	the	DET
fbem-21417	42	33	moderating	moderate	VERB
fbem-21417	42	34	effect	effect	NOUN
fbem-21417	42	35	of	of	ADP
fbem-21417	42	36	enterprise	enterprise	NOUN
fbem-21417	42	37	heterogeneity	heterogeneity	NOUN
fbem-21417	42	38	on	on	ADP
fbem-21417	42	39	the	the	DET
fbem-21417	42	40	relationship	relationship	NOUN
fbem-21417	42	41	between	between	ADP
fbem-21417	42	42	esg	esg	PROPN
fbem-21417	42	43	and	and	CCONJ
fbem-21417	42	44	enterprise	enterprise	NOUN
fbem-21417	42	45	value	value	NOUN
fbem-21417	42	46	.	.	PUNCT
fbem-21417	43	1	the	the	DET
fbem-21417	43	2	results	result	NOUN
fbem-21417	43	3	of	of	ADP
fbem-21417	43	4	regression	regression	NOUN
fbem-21417	43	5	analysis	analysis	NOUN
fbem-21417	43	6	show	show	VERB
fbem-21417	43	7	that	that	SCONJ
fbem-21417	43	8	corporate	corporate	ADJ
fbem-21417	43	9	esg	esg	NOUN
fbem-21417	43	10	performance	performance	NOUN
fbem-21417	43	11	is	be	AUX
fbem-21417	43	12	positively	positively	ADV
fbem-21417	43	13	related	relate	VERB
fbem-21417	43	14	to	to	ADP
fbem-21417	43	15	firm	firm	ADJ
fbem-21417	43	16	value	value	NOUN
fbem-21417	43	17	.	.	PUNCT
fbem-21417	44	1	the	the	DET
fbem-21417	44	2	results	result	NOUN
fbem-21417	44	3	of	of	ADP
fbem-21417	44	4	heterogeneity	heterogeneity	NOUN
fbem-21417	44	5	analysis	analysis	NOUN
fbem-21417	44	6	show	show	VERB
fbem-21417	44	7	that	that	SCONJ
fbem-21417	44	8	the	the	DET
fbem-21417	44	9	positive	positive	ADJ
fbem-21417	44	10	correlation	correlation	NOUN
fbem-21417	44	11	between	between	ADP
fbem-21417	44	12	esg	esg	NOUN
fbem-21417	44	13	performance	performance	NOUN
fbem-21417	44	14	and	and	CCONJ
fbem-21417	44	15	enterprise	enterprise	NOUN
fbem-21417	44	16	value	value	NOUN
fbem-21417	44	17	is	be	AUX
fbem-21417	44	18	more	more	ADV
fbem-21417	44	19	significant	significant	ADJ
fbem-21417	44	20	for	for	ADP
fbem-21417	44	21	smes	sme	NOUN
fbem-21417	44	22	,	,	PUNCT
fbem-21417	44	23	nonstate	nonstate	NOUN
fbem-21417	44	24	-	-	PUNCT
fbem-21417	44	25	owned	own	VERB
fbem-21417	44	26	enterprises	enterprise	NOUN
fbem-21417	44	27	and	and	CCONJ
fbem-21417	44	28	less	less	ADV
fbem-21417	44	29	polluted	polluted	ADJ
fbem-21417	44	30	industries	industry	NOUN
fbem-21417	44	31	.	.	PUNCT
fbem-21417	45	1	tong	tong	PROPN
fbem-21417	45	2	fan	fan	PROPN
fbem-21417	45	3	andwang	andwang	PROPN
fbem-21417	45	4	yujuan	yujuan	PROPN
fbem-21417	46	1	[	[	X
fbem-21417	46	2	11	11	NUM
fbem-21417	46	3	]	]	PUNCT
fbem-21417	46	4	(	(	PUNCT
fbem-21417	46	5	2022	2022	NUM
fbem-21417	46	6	)	)	PUNCT
fbem-21417	46	7	found	find	VERB
fbem-21417	46	8	that	that	SCONJ
fbem-21417	46	9	the	the	DET
fbem-21417	46	10	esg	esg	PROPN
fbem-21417	46	11	performance	performance	NOUN
fbem-21417	46	12	of	of	ADP
fbem-21417	46	13	firms	firm	NOUN
fbem-21417	46	14	has	have	VERB
fbem-21417	46	15	asignificant	asignificant	ADJ
fbem-21417	46	16	positive	positive	ADJ
fbem-21417	46	17	impact	impact	NOUN
fbem-21417	46	18	on	on	ADP
fbem-21417	46	19	the	the	DET
fbem-21417	46	20	long	long	ADJ
fbem-21417	46	21	-	-	PUNCT
fbem-21417	46	22	term	term	NOUN
fbem-21417	46	23	value	value	NOUN
fbem-21417	46	24	of	of	ADP
fbem-21417	46	25	firms	firm	NOUN
fbem-21417	46	26	,	,	PUNCT
fbem-21417	46	27	while	while	SCONJ
fbem-21417	46	28	the	the	DET
fbem-21417	46	29	heterogeneity	heterogeneity	NOUN
fbem-21417	46	30	of	of	ADP
fbem-21417	46	31	the	the	DET
fbem-21417	46	32	industry	industry	NOUN
fbem-21417	46	33	and	and	CCONJ
fbem-21417	46	34	the	the	DET
fbem-21417	46	35	nature	nature	NOUN
fbem-21417	46	36	of	of	ADP
fbem-21417	46	37	the	the	DET
fbem-21417	46	38	firms	firm	NOUN
fbem-21417	46	39	does	do	AUX
fbem-21417	46	40	not	not	PART
fbem-21417	46	41	have	have	VERB
fbem-21417	46	42	a	a	DET
fbem-21417	46	43	significant	significant	ADJ
fbem-21417	46	44	impact	impact	NOUN
fbem-21417	46	45	on	on	ADP
fbem-21417	46	46	the	the	DET
fbem-21417	46	47	correlation	correlation	NOUN
fbem-21417	46	48	between	between	ADP
fbem-21417	46	49	the	the	DET
fbem-21417	46	50	two	two	NUM
fbem-21417	46	51	.	.	PUNCT
fbem-21417	47	1	chen	chen	PROPN
fbem-21417	47	2	et	et	PROPN
fbem-21417	47	3	al	al	PROPN
fbem-21417	47	4	.	.	PUNCT
fbem-21417	48	1	[	[	X
fbem-21417	48	2	12	12	NUM
fbem-21417	48	3	]	]	PUNCT
fbem-21417	48	4	found	find	VERB
fbem-21417	48	5	that	that	SCONJ
fbem-21417	48	6	the	the	DET
fbem-21417	48	7	esg	esg	NOUN
fbem-21417	48	8	performance	performance	NOUN
fbem-21417	48	9	of	of	ADP
fbem-21417	48	10	311	311	NUM
fbem-21417	48	11	chinese	chinese	ADJ
fbem-21417	48	12	manufacturing	manufacturing	NOUN
fbem-21417	48	13	firms	firm	NOUN
fbem-21417	48	14	listed	list	VERB
fbem-21417	48	15	in	in	ADP
fbem-21417	48	16	the	the	DET
fbem-21417	48	17	global	global	ADJ
fbem-21417	48	18	capital	capital	NOUN
fbem-21417	48	19	market	market	NOUN
fbem-21417	48	20	during	during	ADP
fbem-21417	48	21	the	the	DET
fbem-21417	48	22	period	period	NOUN
fbem-21417	48	23	2008	2008	NUM
fbem-21417	48	24	-	-	SYM
fbem-21417	48	25	2019	2019	NUM
fbem-21417	48	26	is	be	AUX
fbem-21417	48	27	positively	positively	ADV
fbem-21417	48	28	correlated	correlate	VERB
fbem-21417	48	29	with	with	ADP
fbem-21417	48	30	firm	firm	ADJ
fbem-21417	48	31	value	value	NOUN
fbem-21417	48	32	in	in	ADP
fbem-21417	48	33	the	the	DET
fbem-21417	48	34	short	short	ADJ
fbem-21417	48	35	term	term	NOUN
fbem-21417	48	36	.	.	PUNCT
fbem-21417	49	1	chen	chen	PROPN
fbem-21417	49	2	et	et	PROPN
fbem-21417	49	3	al.[12	al.[12	PROPN
fbem-21417	49	4	]	]	PUNCT
fbem-21417	49	5	analyzed	analyze	VERB
fbem-21417	49	6	311	311	NUM
fbem-21417	49	7	chinese	chinese	ADJ
fbem-21417	49	8	manufacturing	manufacturing	NOUN
fbem-21417	49	9	firms	firm	NOUN
fbem-21417	49	10	listed	list	VERB
fbem-21417	49	11	in	in	ADP
fbem-21417	49	12	global	global	ADJ
fbem-21417	49	13	capital	capital	NOUN
fbem-21417	49	14	markets	market	NOUN
fbem-21417	49	15	during	during	ADP
fbem-21417	49	16	the	the	DET
fbem-21417	49	17	period	period	NOUN
fbem-21417	49	18	2008	2008	NUM
fbem-21417	49	19	-	-	SYM
fbem-21417	49	20	2019	2019	NUM
fbem-21417	49	21	and	and	CCONJ
fbem-21417	49	22	found	find	VERB
fbem-21417	49	23	that	that	SCONJ
fbem-21417	49	24	esg	esg	NOUN
fbem-21417	49	25	performance	performance	NOUN
fbem-21417	49	26	is	be	AUX
fbem-21417	49	27	negatively	negatively	ADV
fbem-21417	49	28	related	relate	VERB
fbem-21417	49	29	to	to	ADP
fbem-21417	49	30	firms	firm	NOUN
fbem-21417	49	31	'	'	PART
fbem-21417	49	32	financial	financial	ADJ
fbem-21417	49	33	performance	performance	NOUN
fbem-21417	49	34	in	in	ADP
fbem-21417	49	35	the	the	DET
fbem-21417	49	36	short	short	ADJ
fbem-21417	49	37	term	term	NOUN
fbem-21417	49	38	and	and	CCONJ
fbem-21417	49	39	this	this	DET
fbem-21417	49	40	negative	negative	ADJ
fbem-21417	49	41	effect	effect	NOUN
fbem-21417	49	42	gradually	gradually	ADV
fbem-21417	49	43	weakens	weaken	VERB
fbem-21417	49	44	over	over	ADP
fbem-21417	49	45	time	time	NOUN
fbem-21417	49	46	,	,	PUNCT
fbem-21417	49	47	while	while	SCONJ
fbem-21417	49	48	long	long	ADJ
fbem-21417	49	49	-	-	PUNCT
fbem-21417	49	50	term	term	NOUN
fbem-21417	49	51	esg	esg	NOUN
fbem-21417	49	52	performance	performance	NOUN
fbem-21417	49	53	promotes	promote	VERB
fbem-21417	49	54	firms	firm	NOUN
fbem-21417	49	55	'	'	PART
fbem-21417	49	56	financial	financial	ADJ
fbem-21417	49	57	performance	performance	NOUN
fbem-21417	49	58	.	.	PUNCT
fbem-21417	50	1	however	however	ADV
fbem-21417	50	2	,	,	PUNCT
fbem-21417	50	3	there	there	PRON
fbem-21417	50	4	are	be	VERB
fbem-21417	50	5	differences	difference	NOUN
fbem-21417	50	6	in	in	ADP
fbem-21417	50	7	the	the	DET
fbem-21417	50	8	institutional	institutional	ADJ
fbem-21417	50	9	environments	environment	NOUN
fbem-21417	50	10	of	of	ADP
fbem-21417	50	11	different	different	ADJ
fbem-21417	50	12	capital	capital	NOUN
fbem-21417	50	13	markets	market	NOUN
fbem-21417	50	14	around	around	ADP
fbem-21417	50	15	the	the	DET
fbem-21417	50	16	world	world	NOUN
fbem-21417	50	17	,	,	PUNCT
fbem-21417	50	18	and	and	CCONJ
fbem-21417	50	19	different	different	ADJ
fbem-21417	50	20	regulatory	regulatory	ADJ
fbem-21417	50	21	and	and	CCONJ
fbem-21417	50	22	compliance	compliance	NOUN
fbem-21417	50	23	requirements	requirement	NOUN
fbem-21417	50	24	for	for	ADP
fbem-21417	50	25	firms	firm	NOUN
fbem-21417	50	26	in	in	ADP
fbem-21417	50	27	different	different	ADJ
fbem-21417	50	28	institutional	institutional	ADJ
fbem-21417	50	29	environments	environment	NOUN
fbem-21417	50	30	may	may	AUX
fbem-21417	50	31	also	also	ADV
fbem-21417	50	32	lead	lead	VERB
fbem-21417	50	33	to	to	ADP
fbem-21417	50	34	differences	difference	NOUN
fbem-21417	50	35	in	in	ADP
fbem-21417	50	36	firms	firm	NOUN
fbem-21417	50	37	'	'	PART
fbem-21417	50	38	esg	esg	NOUN
fbem-21417	50	39	performance	performance	NOUN
fbem-21417	50	40	.	.	PUNCT
fbem-21417	51	1	although	although	SCONJ
fbem-21417	51	2	global	global	ADJ
fbem-21417	51	3	research	research	NOUN
fbem-21417	51	4	on	on	ADP
fbem-21417	51	5	esg	esg	PROPN
fbem-21417	51	6	disclosure	disclosure	NOUN
fbem-21417	51	7	and	and	CCONJ
fbem-21417	51	8	corporate	corporate	ADJ
fbem-21417	51	9	financial	financial	ADJ
fbem-21417	51	10	performance	performance	NOUN
fbem-21417	51	11	is	be	AUX
fbem-21417	51	12	still	still	ADV
fbem-21417	51	13	in	in	ADP
fbem-21417	51	14	its	its	PRON
fbem-21417	51	15	infancy	infancy	NOUN
fbem-21417	51	16	,	,	PUNCT
fbem-21417	51	17	it	it	PRON
fbem-21417	51	18	has	have	AUX
fbem-21417	51	19	yielded	yield	VERB
fbem-21417	51	20	rich	rich	ADJ
fbem-21417	51	21	results	result	NOUN
fbem-21417	51	22	.	.	PUNCT
fbem-21417	52	1	in	in	ADP
fbem-21417	52	2	most	most	ADJ
fbem-21417	52	3	cases	case	NOUN
fbem-21417	52	4	,	,	PUNCT
fbem-21417	52	5	there	there	PRON
fbem-21417	52	6	is	be	VERB
fbem-21417	52	7	a	a	DET
fbem-21417	52	8	positive	positive	ADJ
fbem-21417	52	9	correlation	correlation	NOUN
fbem-21417	52	10	between	between	ADP
fbem-21417	52	11	the	the	DET
fbem-21417	52	12	two.lokuwaduge	two.lokuwaduge	X
fbem-21417	52	13	[	[	X
fbem-21417	52	14	13](2017	13](2017	NUM
fbem-21417	52	15	)	)	PUNCT
fbem-21417	52	16	found	find	VERB
fbem-21417	52	17	that	that	SCONJ
fbem-21417	52	18	stakeholders	stakeholder	NOUN
fbem-21417	52	19	are	be	AUX
fbem-21417	52	20	key	key	ADJ
fbem-21417	52	21	in	in	ADP
fbem-21417	52	22	influencing	influence	VERB
fbem-21417	52	23	the	the	DET
fbem-21417	52	24	esg	esg	NOUN
fbem-21417	52	25	performance	performance	NOUN
fbem-21417	52	26	of	of	ADP
fbem-21417	52	27	companies	company	NOUN
fbem-21417	52	28	by	by	ADP
fbem-21417	52	29	examining	examine	VERB
fbem-21417	52	30	esg	esg	PROPN
fbem-21417	52	31	reports	report	NOUN
fbem-21417	52	32	of	of	ADP
fbem-21417	52	33	listed	list	VERB
fbem-21417	52	34	companies	company	NOUN
fbem-21417	52	35	in	in	ADP
fbem-21417	52	36	the	the	DET
fbem-21417	52	37	metals	metal	NOUN
fbem-21417	52	38	and	and	CCONJ
fbem-21417	52	39	mining	mining	NOUN
fbem-21417	52	40	industry	industry	NOUN
fbem-21417	52	41	inaustralia	inaustralia	NOUN
fbem-21417	52	42	;	;	PUNCT
fbem-21417	52	43	nollet	nollet	VERB
fbem-21417	52	44	et	et	NOUN
fbem-21417	52	45	al	al	PROPN
fbem-21417	52	46	.	.	PUNCT
fbem-21417	53	1	[	[	X
fbem-21417	53	2	14	14	NUM
fbem-21417	53	3	]	]	X
fbem-21417	53	4	(	(	PUNCT
fbem-21417	53	5	2016	2016	NUM
fbem-21417	53	6	)	)	PUNCT
fbem-21417	53	7	argued	argue	VERB
fbem-21417	53	8	that	that	SCONJ
fbem-21417	53	9	there	there	PRON
fbem-21417	53	10	is	be	VERB
fbem-21417	53	11	a	a	DET
fbem-21417	53	12	u	u	NOUN
fbem-21417	53	13	-	-	ADJ
fbem-21417	53	14	shaped	shape	VERB
fbem-21417	53	15	relationship	relationship	NOUN
fbem-21417	53	16	between	between	ADP
fbem-21417	53	17	social	social	ADJ
fbem-21417	53	18	performance	performance	NOUN
fbem-21417	53	19	and	and	CCONJ
fbem-21417	53	20	return	return	VERB
fbem-21417	53	21	on	on	ADP
fbem-21417	53	22	assets	asset	NOUN
fbem-21417	53	23	and	and	CCONJ
fbem-21417	53	24	return	return	VERB
fbem-21417	53	25	on	on	ADP
fbem-21417	53	26	capital	capital	NOUN
fbem-21417	53	27	andvelte	andvelte	NOUN
fbem-21417	54	1	[	[	X
fbem-21417	54	2	15](2017),barnett	15](2017),barnett	NUM
fbem-21417	54	3	et	et	NOUN
fbem-21417	54	4	al	al	PROPN
fbem-21417	55	1	[	[	X
fbem-21417	55	2	16	16	NUM
fbem-21417	55	3	]	]	PUNCT
fbem-21417	55	4	(	(	PUNCT
fbem-21417	55	5	2006	2006	NUM
fbem-21417	55	6	)	)	PUNCT
fbem-21417	55	7	argued	argue	VERB
fbem-21417	55	8	that	that	SCONJ
fbem-21417	55	9	firms	firm	NOUN
fbem-21417	55	10	that	that	PRON
fbem-21417	55	11	fulfill	fulfill	VERB
fbem-21417	55	12	their	their	PRON
fbem-21417	55	13	social	social	ADJ
fbem-21417	55	14	responsibilities	responsibility	NOUN
fbem-21417	55	15	well	well	ADV
fbem-21417	55	16	usually	usually	ADV
fbem-21417	55	17	have	have	VERB
fbem-21417	55	18	a	a	DET
fbem-21417	55	19	higher	high	ADJ
fbem-21417	55	20	level	level	NOUN
fbem-21417	55	21	of	of	ADP
fbem-21417	55	22	financial	financial	ADJ
fbem-21417	55	23	performance	performance	NOUN
fbem-21417	55	24	.	.	PUNCT
fbem-21417	56	1	wong	wong	PROPN
fbem-21417	57	1	[	[	X
fbem-21417	57	2	17	17	NUM
fbem-21417	57	3	]	]	PUNCT
fbem-21417	57	4	(	(	PUNCT
fbem-21417	57	5	2020	2020	NUM
fbem-21417	57	6	)	)	PUNCT
fbem-21417	57	7	examined	examine	VERB
fbem-21417	57	8	the	the	DET
fbem-21417	57	9	impact	impact	NOUN
fbem-21417	57	10	of	of	ADP
fbem-21417	57	11	esg	esg	PROPN
fbem-21417	57	12	certification	certification	NOUN
fbem-21417	57	13	on	on	ADP
fbem-21417	57	14	malaysian	malaysian	ADJ
fbem-21417	57	15	firms	firm	NOUN
fbem-21417	57	16	.	.	PUNCT
fbem-21417	58	1	the	the	DET
fbem-21417	58	2	analysis	analysis	NOUN
fbem-21417	58	3	shows	show	VERB
fbem-21417	58	4	that	that	SCONJ
fbem-21417	58	5	esg	esg	PROPN
fbem-21417	58	6	recognition	recognition	NOUN
fbem-21417	58	7	the	the	DET
fbem-21417	58	8	certificate	certificate	NOUN
fbem-21417	58	9	reduces	reduce	VERB
fbem-21417	58	10	the	the	DET
fbem-21417	58	11	firm	firm	NOUN
fbem-21417	58	12	's	's	PART
fbem-21417	58	13	cost	cost	NOUN
fbem-21417	58	14	of	of	ADP
fbem-21417	58	15	capital	capital	NOUN
fbem-21417	58	16	,	,	PUNCT
fbem-21417	58	17	while	while	SCONJ
fbem-21417	58	18	tobin	tobin	PROPN
fbem-21417	58	19	's	's	PART
fbem-21417	58	20	q	q	NOUN
fbem-21417	58	21	is	be	AUX
fbem-21417	58	22	significantly	significantly	ADV
fbem-21417	58	23	higher	high	ADJ
fbem-21417	58	24	.	.	PUNCT
fbem-21417	59	1	these	these	DET
fbem-21417	59	2	findings	finding	NOUN
fbem-21417	59	3	are	be	AUX
fbem-21417	59	4	consistent	consistent	ADJ
fbem-21417	59	5	with	with	ADP
fbem-21417	59	6	the	the	DET
fbem-21417	59	7	fact	fact	NOUN
fbem-21417	59	8	that	that	SCONJ
fbem-21417	59	9	in	in	ADP
fbem-21417	59	10	developed	develop	VERB
fbem-21417	59	11	economies	economy	NOUN
fbem-21417	59	12	conducting	conduct	VERB
fbem-21417	59	13	the	the	DET
fbem-21417	59	14	study	study	NOUN
fbem-21417	59	15	yields	yield	VERB
fbem-21417	59	16	consistent	consistent	ADJ
fbem-21417	59	17	findings	finding	NOUN
fbem-21417	59	18	that	that	PRON
fbem-21417	59	19	suggest	suggest	VERB
fbem-21417	59	20	the	the	DET
fbem-21417	59	21	value	value	NOUN
fbem-21417	59	22	of	of	ADP
fbem-21417	59	23	social	social	ADJ
fbem-21417	59	24	responsibility	responsibility	NOUN
fbem-21417	59	25	disclosure	disclosure	NOUN
fbem-21417	59	26	by	by	ADP
fbem-21417	59	27	firms	firm	NOUN
fbem-21417	59	28	in	in	ADP
fbem-21417	59	29	developing	develop	VERB
fbem-21417	59	30	countries	country	NOUN
fbem-21417	59	31	has	have	AUX
fbem-21417	59	32	increased.yuan[18	increased.yuan[18	VERB
fbem-21417	59	33	]	]	X
fbem-21417	59	34	(	(	PUNCT
fbem-21417	59	35	2022	2022	NUM
fbem-21417	59	36	)	)	PUNCT
fbem-21417	59	37	,	,	PUNCT
fbem-21417	59	38	after	after	ADP
fbem-21417	59	39	an	an	DET
fbem-21417	59	40	empirical	empirical	ADJ
fbem-21417	59	41	study	study	NOUN
fbem-21417	59	42	in	in	ADP
fbem-21417	59	43	the	the	DET
fbem-21417	59	44	context	context	NOUN
fbem-21417	59	45	of	of	ADP
fbem-21417	59	46	financial	financial	ADJ
fbem-21417	59	47	irregularities	irregularity	NOUN
fbem-21417	59	48	in	in	ADP
fbem-21417	59	49	chinese	chinese	ADJ
fbem-21417	59	50	listed	list	VERB
fbem-21417	59	51	firms	firm	NOUN
fbem-21417	59	52	,	,	PUNCT
fbem-21417	59	53	conclude	conclude	VERB
fbem-21417	59	54	that	that	SCONJ
fbem-21417	59	55	esg	esg	PROPN
fbem-21417	59	56	disclosure	disclosure	NOUN
fbem-21417	59	57	reduces	reduce	VERB
fbem-21417	59	58	the	the	DET
fbem-21417	59	59	risk	risk	NOUN
fbem-21417	59	60	of	of	ADP
fbem-21417	59	61	financial	financial	ADJ
fbem-21417	59	62	irregularities	irregularity	NOUN
fbem-21417	59	63	in	in	ADP
fbem-21417	59	64	firms	firm	NOUN
fbem-21417	59	65	,	,	PUNCT
fbem-21417	59	66	and	and	CCONJ
fbem-21417	59	67	helps	help	VERB
fbem-21417	59	68	to	to	PART
fbem-21417	59	69	mitigate	mitigate	VERB
fbem-21417	59	70	information	information	NOUN
fbem-21417	59	71	asymmetry	asymmetry	NOUN
fbem-21417	59	72	.	.	PUNCT
fbem-21417	60	1	however	however	ADV
fbem-21417	60	2	,	,	PUNCT
fbem-21417	60	3	it	it	PRON
fbem-21417	60	4	was	be	AUX
fbem-21417	60	5	found	find	VERB
fbem-21417	60	6	that	that	SCONJ
fbem-21417	60	7	esg	esg	PROPN
fbem-21417	60	8	disclosure	disclosure	NOUN
fbem-21417	60	9	does	do	AUX
fbem-21417	60	10	not	not	PART
fbem-21417	60	11	bring	bring	VERB
fbem-21417	60	12	all	all	DET
fbem-21417	60	13	positive	positive	ADJ
fbem-21417	60	14	impacts	impact	NOUN
fbem-21417	60	15	to	to	AUX
fbem-21417	60	16	firms.raimo[19	firms.raimo[19	ADV
fbem-21417	60	17	]	]	PUNCT
fbem-21417	60	18	et	et	NOUN
fbem-21417	60	19	al.(2020	al.(2020	PROPN
fbem-21417	60	20	)	)	PUNCT
fbem-21417	60	21	analyzed	analyze	VERB
fbem-21417	60	22	a	a	DET
fbem-21417	60	23	sample	sample	NOUN
fbem-21417	60	24	of	of	ADP
fbem-21417	60	25	171	171	NUM
fbem-21417	60	26	internationally	internationally	ADV
fbem-21417	60	27	listed	list	VERB
fbem-21417	60	28	companies	company	NOUN
fbem-21417	60	29	in	in	ADP
fbem-21417	60	30	the	the	DET
fbem-21417	60	31	restaurant	restaurant	NOUN
fbem-21417	60	32	industry	industry	NOUN
fbem-21417	60	33	headquartered	headquarter	VERB
fbem-21417	60	34	in	in	ADP
fbem-21417	60	35	north	north	PROPN
fbem-21417	60	36	america	america	PROPN
fbem-21417	60	37	,	,	PUNCT
fbem-21417	60	38	western	western	PROPN
fbem-21417	60	39	europe	europe	PROPN
fbem-21417	60	40	,	,	PUNCT
fbem-21417	60	41	and	and	CCONJ
fbem-21417	60	42	developed	develop	VERB
fbem-21417	60	43	asia	asia	PROPN
fbem-21417	60	44	-	-	PUNCT
fbem-21417	60	45	pacific	pacific	PROPN
fbem-21417	60	46	,	,	PUNCT
fbem-21417	60	47	and	and	CCONJ
fbem-21417	60	48	the	the	DET
fbem-21417	60	49	regression	regression	NOUN
fbem-21417	60	50	analysis	analysis	NOUN
fbem-21417	60	51	showed	show	VERB
fbem-21417	60	52	that	that	SCONJ
fbem-21417	60	53	there	there	PRON
fbem-21417	60	54	is	be	VERB
fbem-21417	60	55	a	a	DET
fbem-21417	60	56	significant	significant	ADJ
fbem-21417	60	57	negative	negative	ADJ
fbem-21417	60	58	relationship	relationship	NOUN
fbem-21417	60	59	between	between	ADP
fbem-21417	60	60	esg	esg	PROPN
fbem-21417	60	61	disclosure	disclosure	NOUN
fbem-21417	60	62	and	and	CCONJ
fbem-21417	60	63	cost	cost	NOUN
fbem-21417	60	64	of	of	ADP
fbem-21417	60	65	equity	equity	NOUN
fbem-21417	60	66	capital	capital	NOUN
fbem-21417	60	67	.	.	PUNCT
fbem-21417	61	1	128	128	NUM
fbem-21417	61	2	3	3	NUM
fbem-21417	61	3	.	.	PUNCT
fbem-21417	61	4	theoretical	theoretical	ADJ
fbem-21417	61	5	foundations	foundation	NOUN
fbem-21417	61	6	and	and	CCONJ
fbem-21417	61	7	research	research	NOUN
fbem-21417	61	8	hypotheses	hypothesis	NOUN
fbem-21417	61	9	3.1	3.1	NUM
fbem-21417	61	10	.	.	PUNCT
fbem-21417	62	1	analysis	analysis	NOUN
fbem-21417	62	2	of	of	ADP
fbem-21417	62	3	the	the	DET
fbem-21417	62	4	impact	impact	NOUN
fbem-21417	62	5	of	of	ADP
fbem-21417	62	6	esg	esg	NOUN
fbem-21417	62	7	performance	performance	NOUN
fbem-21417	62	8	on	on	ADP
fbem-21417	62	9	the	the	DET
fbem-21417	62	10	financial	financial	ADJ
fbem-21417	62	11	performance	performance	NOUN
fbem-21417	62	12	of	of	ADP
fbem-21417	62	13	mining	mining	NOUN
fbem-21417	62	14	companies	company	NOUN
fbem-21417	62	15	first	first	ADV
fbem-21417	62	16	of	of	ADP
fbem-21417	62	17	all	all	PRON
fbem-21417	62	18	,	,	PUNCT
fbem-21417	62	19	the	the	DET
fbem-21417	62	20	active	active	ADJ
fbem-21417	62	21	disclosure	disclosure	NOUN
fbem-21417	62	22	of	of	ADP
fbem-21417	62	23	esg	esg	PROPN
fbem-21417	62	24	reports	report	NOUN
fbem-21417	62	25	by	by	ADP
fbem-21417	62	26	mining	mining	NOUN
fbem-21417	62	27	enterprises	enterprise	NOUN
fbem-21417	62	28	indicates	indicate	VERB
fbem-21417	62	29	that	that	SCONJ
fbem-21417	62	30	the	the	DET
fbem-21417	62	31	enterprises	enterprise	NOUN
fbem-21417	62	32	concerned	concern	VERB
fbem-21417	62	33	pay	pay	VERB
fbem-21417	62	34	great	great	ADJ
fbem-21417	62	35	attention	attention	NOUN
fbem-21417	62	36	to	to	ADP
fbem-21417	62	37	the	the	DET
fbem-21417	62	38	communication	communication	NOUN
fbem-21417	62	39	with	with	ADP
fbem-21417	62	40	external	external	ADJ
fbem-21417	62	41	stakeholders	stakeholder	NOUN
fbem-21417	62	42	and	and	CCONJ
fbem-21417	62	43	investors	investor	NOUN
fbem-21417	62	44	.	.	PUNCT
fbem-21417	63	1	at	at	ADP
fbem-21417	63	2	present	present	ADJ
fbem-21417	63	3	,	,	PUNCT
fbem-21417	63	4	there	there	PRON
fbem-21417	63	5	are	be	VERB
fbem-21417	63	6	three	three	NUM
fbem-21417	63	7	main	main	ADJ
fbem-21417	63	8	research	research	NOUN
fbem-21417	63	9	results	result	NOUN
fbem-21417	63	10	on	on	ADP
fbem-21417	63	11	the	the	DET
fbem-21417	63	12	relationship	relationship	NOUN
fbem-21417	63	13	between	between	ADP
fbem-21417	63	14	environmental	environmental	ADJ
fbem-21417	63	15	performance	performance	NOUN
fbem-21417	63	16	and	and	CCONJ
fbem-21417	63	17	financial	financial	ADJ
fbem-21417	63	18	performance	performance	NOUN
fbem-21417	63	19	at	at	ADP
fbem-21417	63	20	home	home	NOUN
fbem-21417	63	21	and	and	CCONJ
fbem-21417	63	22	abroad	abroad	ADV
fbem-21417	63	23	:	:	PUNCT
fbem-21417	63	24	positive	positive	ADJ
fbem-21417	63	25	correlation	correlation	NOUN
fbem-21417	63	26	,	,	PUNCT
fbem-21417	63	27	negative	negative	ADJ
fbem-21417	63	28	correlation	correlation	NOUN
fbem-21417	63	29	,	,	PUNCT
fbem-21417	63	30	and	and	CCONJ
fbem-21417	63	31	irrelevant	irrelevant	ADJ
fbem-21417	63	32	.	.	PUNCT
fbem-21417	64	1	in	in	ADP
fbem-21417	64	2	recent	recent	ADJ
fbem-21417	64	3	years	year	NOUN
fbem-21417	64	4	,	,	PUNCT
fbem-21417	64	5	as	as	SCONJ
fbem-21417	64	6	green	green	PROPN
fbem-21417	64	7	development	development	NOUN
fbem-21417	64	8	theories	theory	NOUN
fbem-21417	64	9	such	such	ADJ
fbem-21417	64	10	as	as	ADP
fbem-21417	64	11	low	low	ADJ
fbem-21417	64	12	-	-	PUNCT
fbem-21417	64	13	carbon	carbon	NOUN
fbem-21417	64	14	economy	economy	NOUN
fbem-21417	64	15	,	,	PUNCT
fbem-21417	64	16	sustainable	sustainable	ADJ
fbem-21417	64	17	development	development	NOUN
fbem-21417	64	18	and	and	CCONJ
fbem-21417	64	19	ecological	ecological	ADJ
fbem-21417	64	20	civilization	civilization	NOUN
fbem-21417	64	21	construction	construction	NOUN
fbem-21417	64	22	are	be	AUX
fbem-21417	64	23	more	more	ADV
fbem-21417	64	24	widely	widely	ADV
fbem-21417	64	25	spread	spread	VERB
fbem-21417	64	26	and	and	CCONJ
fbem-21417	64	27	recognized	recognize	VERB
fbem-21417	64	28	around	around	ADP
fbem-21417	64	29	the	the	DET
fbem-21417	64	30	world	world	NOUN
fbem-21417	64	31	,	,	PUNCT
fbem-21417	64	32	more	more	ADJ
fbem-21417	64	33	and	and	CCONJ
fbem-21417	64	34	more	more	ADJ
fbem-21417	64	35	enterprises	enterprise	NOUN
fbem-21417	64	36	realize	realize	VERB
fbem-21417	64	37	that	that	SCONJ
fbem-21417	64	38	while	while	SCONJ
fbem-21417	64	39	pursuing	pursue	VERB
fbem-21417	64	40	profit	profit	NOUN
fbem-21417	64	41	maximization	maximization	NOUN
fbem-21417	64	42	,	,	PUNCT
fbem-21417	64	43	optimizing	optimize	VERB
fbem-21417	64	44	resource	resource	NOUN
fbem-21417	64	45	allocation	allocation	NOUN
fbem-21417	64	46	and	and	CCONJ
fbem-21417	64	47	focusing	focus	VERB
fbem-21417	64	48	on	on	ADP
fbem-21417	64	49	environmental	environmental	ADJ
fbem-21417	64	50	protection	protection	NOUN
fbem-21417	64	51	can	can	AUX
fbem-21417	64	52	achieve	achieve	VERB
fbem-21417	64	53	the	the	DET
fbem-21417	64	54	healthy	healthy	ADJ
fbem-21417	64	55	and	and	CCONJ
fbem-21417	64	56	long	long	ADJ
fbem-21417	64	57	-	-	PUNCT
fbem-21417	64	58	term	term	NOUN
fbem-21417	64	59	development	development	NOUN
fbem-21417	64	60	goals	goal	NOUN
fbem-21417	64	61	of	of	ADP
fbem-21417	64	62	enterprises	enterprise	NOUN
fbem-21417	64	63	.	.	PUNCT
fbem-21417	65	1	many	many	ADJ
fbem-21417	65	2	scholars	scholar	NOUN
fbem-21417	65	3	have	have	AUX
fbem-21417	65	4	proved	prove	VERB
fbem-21417	65	5	through	through	ADP
fbem-21417	65	6	empirical	empirical	ADJ
fbem-21417	65	7	research	research	NOUN
fbem-21417	65	8	that	that	SCONJ
fbem-21417	65	9	environmental	environmental	ADJ
fbem-21417	65	10	performance	performance	NOUN
fbem-21417	65	11	is	be	AUX
fbem-21417	65	12	positively	positively	ADV
fbem-21417	65	13	correlated	correlate	VERB
fbem-21417	65	14	with	with	ADP
fbem-21417	65	15	financial	financial	ADJ
fbem-21417	65	16	performance	performance	NOUN
fbem-21417	65	17	,	,	PUNCT
fbem-21417	65	18	and	and	CCONJ
fbem-21417	65	19	that	that	SCONJ
fbem-21417	65	20	the	the	DET
fbem-21417	65	21	business	business	NOUN
fbem-21417	65	22	decisions	decision	NOUN
fbem-21417	65	23	of	of	ADP
fbem-21417	65	24	enterprises	enterprise	NOUN
fbem-21417	65	25	must	must	AUX
fbem-21417	65	26	meet	meet	VERB
fbem-21417	65	27	the	the	DET
fbem-21417	65	28	needs	need	NOUN
fbem-21417	65	29	of	of	ADP
fbem-21417	65	30	more	more	ADJ
fbem-21417	65	31	stakeholders	stakeholder	NOUN
fbem-21417	65	32	rather	rather	ADV
fbem-21417	65	33	than	than	ADP
fbem-21417	65	34	just	just	ADV
fbem-21417	65	35	focusing	focus	VERB
fbem-21417	65	36	on	on	ADP
fbem-21417	65	37	financial	financial	ADJ
fbem-21417	65	38	performance	performance	NOUN
fbem-21417	65	39	.	.	PUNCT
fbem-21417	66	1	at	at	ADP
fbem-21417	66	2	the	the	DET
fbem-21417	66	3	national	national	ADJ
fbem-21417	66	4	level	level	NOUN
fbem-21417	66	5	,	,	PUNCT
fbem-21417	66	6	for	for	ADP
fbem-21417	66	7	enterprises	enterprise	NOUN
fbem-21417	66	8	with	with	ADP
fbem-21417	66	9	good	good	ADJ
fbem-21417	66	10	environmental	environmental	ADJ
fbem-21417	66	11	performance	performance	NOUN
fbem-21417	66	12	,	,	PUNCT
fbem-21417	66	13	the	the	DET
fbem-21417	66	14	government	government	NOUN
fbem-21417	66	15	usually	usually	ADV
fbem-21417	66	16	gives	give	VERB
fbem-21417	66	17	certain	certain	ADJ
fbem-21417	66	18	preferential	preferential	ADJ
fbem-21417	66	19	and	and	CCONJ
fbem-21417	66	20	supportive	supportive	ADJ
fbem-21417	66	21	policies	policy	NOUN
fbem-21417	66	22	,	,	PUNCT
fbem-21417	66	23	which	which	PRON
fbem-21417	66	24	bring	bring	VERB
fbem-21417	66	25	benefits	benefit	NOUN
fbem-21417	66	26	to	to	ADP
fbem-21417	66	27	the	the	DET
fbem-21417	66	28	operation	operation	NOUN
fbem-21417	66	29	of	of	ADP
fbem-21417	66	30	the	the	DET
fbem-21417	66	31	enterprise	enterprise	NOUN
fbem-21417	66	32	,	,	PUNCT
fbem-21417	66	33	and	and	CCONJ
fbem-21417	66	34	bring	bring	VERB
fbem-21417	66	35	benefits	benefit	NOUN
fbem-21417	66	36	to	to	ADP
fbem-21417	66	37	the	the	DET
fbem-21417	66	38	operation	operation	NOUN
fbem-21417	66	39	of	of	ADP
fbem-21417	66	40	the	the	DET
fbem-21417	66	41	enterprise	enterprise	NOUN
fbem-21417	66	42	,	,	PUNCT
fbem-21417	66	43	such	such	ADJ
fbem-21417	66	44	as	as	ADP
fbem-21417	66	45	zhu	zhu	PROPN
fbem-21417	66	46	qingxiang	qingxiang	NOUN
fbem-21417	66	47	et	et	PROPN
fbem-21417	66	48	al	al	PROPN
fbem-21417	67	1	[	[	X
fbem-21417	67	2	20	20	NUM
fbem-21417	67	3	]	]	PUNCT
fbem-21417	67	4	(	(	PUNCT
fbem-21417	67	5	2020	2020	NUM
fbem-21417	67	6	)	)	PUNCT
fbem-21417	67	7	and	and	CCONJ
fbem-21417	67	8	jiang	jiang	PROPN
fbem-21417	67	9	yingbing	yingbe	VERB
fbem-21417	67	10	et	et	NOUN
fbem-21417	67	11	al	al	PROPN
fbem-21417	68	1	[	[	X
fbem-21417	68	2	21	21	NUM
fbem-21417	68	3	]	]	X
fbem-21417	68	4	(	(	PUNCT
fbem-21417	68	5	2019	2019	NUM
fbem-21417	68	6	)	)	PUNCT
fbem-21417	68	7	pointed	point	VERB
fbem-21417	68	8	out	out	ADP
fbem-21417	68	9	in	in	ADP
fbem-21417	68	10	their	their	PRON
fbem-21417	68	11	studies	study	NOUN
fbem-21417	68	12	that	that	SCONJ
fbem-21417	68	13	good	good	ADJ
fbem-21417	68	14	environmental	environmental	ADJ
fbem-21417	68	15	performance	performance	NOUN
fbem-21417	68	16	significantly	significantly	ADV
fbem-21417	68	17	improves	improve	VERB
fbem-21417	68	18	the	the	DET
fbem-21417	68	19	enterprise	enterprise	NOUN
fbem-21417	68	20	's	's	PART
fbem-21417	68	21	financial	financial	ADJ
fbem-21417	68	22	performance	performance	NOUN
fbem-21417	68	23	,	,	PUNCT
fbem-21417	68	24	and	and	CCONJ
fbem-21417	68	25	that	that	SCONJ
fbem-21417	68	26	rewarding	rewarding	ADJ
fbem-21417	68	27	government	government	NOUN
fbem-21417	68	28	interventions	intervention	NOUN
fbem-21417	68	29	can	can	AUX
fbem-21417	68	30	enhance	enhance	VERB
fbem-21417	68	31	the	the	DET
fbem-21417	68	32	effect	effect	NOUN
fbem-21417	68	33	.	.	PUNCT
fbem-21417	69	1	at	at	ADP
fbem-21417	69	2	the	the	DET
fbem-21417	69	3	social	social	ADJ
fbem-21417	69	4	level	level	NOUN
fbem-21417	69	5	,	,	PUNCT
fbem-21417	69	6	the	the	DET
fbem-21417	69	7	media	medium	NOUN
fbem-21417	69	8	opinion	opinion	NOUN
fbem-21417	69	9	platform	platform	NOUN
fbem-21417	69	10	in	in	ADP
fbem-21417	69	11	the	the	DET
fbem-21417	69	12	era	era	NOUN
fbem-21417	69	13	of	of	ADP
fbem-21417	69	14	big	big	ADJ
fbem-21417	69	15	data	datum	NOUN
fbem-21417	69	16	is	be	AUX
fbem-21417	69	17	more	more	ADV
fbem-21417	69	18	perfect	perfect	ADJ
fbem-21417	69	19	,	,	PUNCT
fbem-21417	69	20	and	and	CCONJ
fbem-21417	69	21	the	the	DET
fbem-21417	69	22	good	good	ADJ
fbem-21417	69	23	public	public	ADJ
fbem-21417	69	24	image	image	NOUN
fbem-21417	69	25	and	and	CCONJ
fbem-21417	69	26	environmental	environmental	ADJ
fbem-21417	69	27	reputation	reputation	NOUN
fbem-21417	69	28	of	of	ADP
fbem-21417	69	29	enterprises	enterprise	NOUN
fbem-21417	69	30	can	can	AUX
fbem-21417	69	31	help	help	VERB
fbem-21417	69	32	them	they	PRON
fbem-21417	69	33	further	far	ADV
fbem-21417	69	34	expand	expand	VERB
fbem-21417	69	35	social	social	ADJ
fbem-21417	69	36	resources	resource	NOUN
fbem-21417	69	37	.	.	PUNCT
fbem-21417	70	1	at	at	ADP
fbem-21417	70	2	the	the	DET
fbem-21417	70	3	enterprise	enterprise	NOUN
fbem-21417	70	4	level	level	NOUN
fbem-21417	70	5	,	,	PUNCT
fbem-21417	70	6	most	most	ADJ
fbem-21417	70	7	enterprises	enterprise	NOUN
fbem-21417	70	8	in	in	ADP
fbem-21417	70	9	heavily	heavily	ADV
fbem-21417	70	10	polluted	polluted	ADJ
fbem-21417	70	11	industries	industry	NOUN
fbem-21417	70	12	rely	rely	VERB
fbem-21417	70	13	on	on	ADP
fbem-21417	70	14	natural	natural	ADJ
fbem-21417	70	15	resources	resource	NOUN
fbem-21417	70	16	,	,	PUNCT
fbem-21417	70	17	and	and	CCONJ
fbem-21417	70	18	increased	increase	VERB
fbem-21417	70	19	investment	investment	NOUN
fbem-21417	70	20	in	in	ADP
fbem-21417	70	21	environmental	environmental	ADJ
fbem-21417	70	22	protection	protection	NOUN
fbem-21417	70	23	equipment	equipment	NOUN
fbem-21417	70	24	and	and	CCONJ
fbem-21417	70	25	green	green	ADJ
fbem-21417	70	26	technology	technology	NOUN
fbem-21417	70	27	innovation	innovation	NOUN
fbem-21417	70	28	can	can	AUX
fbem-21417	70	29	improve	improve	VERB
fbem-21417	70	30	their	their	PRON
fbem-21417	70	31	productivity	productivity	NOUN
fbem-21417	70	32	and	and	CCONJ
fbem-21417	70	33	form	form	VERB
fbem-21417	70	34	their	their	PRON
fbem-21417	70	35	unique	unique	ADJ
fbem-21417	70	36	competitive	competitive	ADJ
fbem-21417	70	37	advantages	advantage	NOUN
fbem-21417	70	38	.	.	PUNCT
fbem-21417	71	1	secondly	secondly	ADV
fbem-21417	71	2	,	,	PUNCT
fbem-21417	71	3	resource	resource	NOUN
fbem-21417	71	4	base	base	NOUN
fbem-21417	71	5	theory	theory	NOUN
fbem-21417	71	6	recognizes	recognize	VERB
fbem-21417	71	7	the	the	DET
fbem-21417	71	8	heterogeneity	heterogeneity	NOUN
fbem-21417	71	9	of	of	ADP
fbem-21417	71	10	resources	resource	NOUN
fbem-21417	71	11	owned	own	VERB
fbem-21417	71	12	by	by	ADP
fbem-21417	71	13	firms	firm	NOUN
fbem-21417	71	14	.	.	PUNCT
fbem-21417	72	1	enterprises	enterprise	NOUN
fbem-21417	72	2	actively	actively	ADV
fbem-21417	72	3	practicing	practice	VERB
fbem-21417	72	4	esg	esg	NOUN
fbem-21417	72	5	and	and	CCONJ
fbem-21417	72	6	taking	take	VERB
fbem-21417	72	7	the	the	DET
fbem-21417	72	8	initiative	initiative	NOUN
fbem-21417	72	9	to	to	PART
fbem-21417	72	10	assume	assume	VERB
fbem-21417	72	11	relevant	relevant	ADJ
fbem-21417	72	12	responsibilities	responsibility	NOUN
fbem-21417	72	13	can	can	AUX
fbem-21417	72	14	be	be	AUX
fbem-21417	72	15	regarded	regard	VERB
fbem-21417	72	16	as	as	ADP
fbem-21417	72	17	a	a	DET
fbem-21417	72	18	special	special	ADJ
fbem-21417	72	19	form	form	NOUN
fbem-21417	72	20	of	of	ADP
fbem-21417	72	21	investment	investment	NOUN
fbem-21417	72	22	in	in	ADP
fbem-21417	72	23	intangible	intangible	ADJ
fbem-21417	72	24	assets	asset	NOUN
fbem-21417	72	25	such	such	ADJ
fbem-21417	72	26	as	as	ADP
fbem-21417	72	27	reputation	reputation	NOUN
fbem-21417	72	28	and	and	CCONJ
fbem-21417	72	29	moral	moral	ADJ
fbem-21417	72	30	capital	capital	NOUN
fbem-21417	73	1	[	[	X
fbem-21417	73	2	22	22	NUM
fbem-21417	73	3	]	]	PUNCT
fbem-21417	73	4	.	.	PUNCT
fbem-21417	74	1	in	in	ADP
fbem-21417	74	2	the	the	DET
fbem-21417	74	3	long	long	ADJ
fbem-21417	74	4	run	run	NOUN
fbem-21417	74	5	these	these	DET
fbem-21417	74	6	unique	unique	ADJ
fbem-21417	74	7	resources	resource	NOUN
fbem-21417	74	8	and	and	CCONJ
fbem-21417	74	9	capabilities	capability	NOUN
fbem-21417	74	10	will	will	AUX
fbem-21417	74	11	become	become	VERB
fbem-21417	74	12	a	a	DET
fbem-21417	74	13	source	source	NOUN
fbem-21417	74	14	of	of	ADP
fbem-21417	74	15	competitive	competitive	ADJ
fbem-21417	74	16	advantage	advantage	NOUN
fbem-21417	74	17	for	for	ADP
fbem-21417	74	18	enterprises	enterprise	NOUN
fbem-21417	74	19	and	and	CCONJ
fbem-21417	74	20	guarantee	guarantee	VERB
fbem-21417	74	21	theimprovement	theimprovement	NOUN
fbem-21417	74	22	of	of	ADP
fbem-21417	74	23	their	their	PRON
fbem-21417	74	24	financial	financial	ADJ
fbem-21417	74	25	performance	performance	NOUN
fbem-21417	74	26	[	[	X
fbem-21417	74	27	23	23	NUM
fbem-21417	74	28	]	]	PUNCT
fbem-21417	74	29	.	.	PUNCT
fbem-21417	75	1	in	in	ADP
fbem-21417	75	2	addition	addition	NOUN
fbem-21417	75	3	,	,	PUNCT
fbem-21417	75	4	companies	company	NOUN
fbem-21417	75	5	that	that	PRON
fbem-21417	75	6	actively	actively	ADV
fbem-21417	75	7	fulfill	fulfill	VERB
fbem-21417	75	8	their	their	PRON
fbem-21417	75	9	esg	esg	NOUN
fbem-21417	75	10	responsibilities	responsibility	NOUN
fbem-21417	75	11	pay	pay	VERB
fbem-21417	75	12	more	more	ADJ
fbem-21417	75	13	attention	attention	NOUN
fbem-21417	75	14	to	to	ADP
fbem-21417	75	15	the	the	DET
fbem-21417	75	16	work	work	NOUN
fbem-21417	75	17	of	of	ADP
fbem-21417	75	18	their	their	PRON
fbem-21417	75	19	employees	employee	NOUN
fbem-21417	75	20	.	.	PUNCT
fbem-21417	76	1	the	the	DET
fbem-21417	76	2	company	company	NOUN
fbem-21417	76	3	is	be	AUX
fbem-21417	76	4	committed	commit	VERB
fbem-21417	76	5	to	to	ADP
fbem-21417	76	6	providing	provide	VERB
fbem-21417	76	7	equal	equal	ADJ
fbem-21417	76	8	treatment	treatment	NOUN
fbem-21417	76	9	,	,	PUNCT
fbem-21417	76	10	a	a	DET
fbem-21417	76	11	favorable	favorable	ADJ
fbem-21417	76	12	working	working	NOUN
fbem-21417	76	13	environment	environment	NOUN
fbem-21417	76	14	,	,	PUNCT
fbem-21417	76	15	and	and	CCONJ
fbem-21417	76	16	attention	attention	NOUN
fbem-21417	76	17	to	to	ADP
fbem-21417	76	18	employee	employee	NOUN
fbem-21417	76	19	satisfaction	satisfaction	NOUN
fbem-21417	76	20	and	and	CCONJ
fbem-21417	76	21	health	health	NOUN
fbem-21417	76	22	and	and	CCONJ
fbem-21417	76	23	welfare	welfare	NOUN
fbem-21417	76	24	.	.	PUNCT
fbem-21417	77	1	employee	employee	NOUN
fbem-21417	77	2	training	training	NOUN
fbem-21417	77	3	and	and	CCONJ
fbem-21417	77	4	development	development	NOUN
fbem-21417	77	5	.	.	PUNCT
fbem-21417	78	1	as	as	ADP
fbem-21417	78	2	a	a	DET
fbem-21417	78	3	result	result	NOUN
fbem-21417	78	4	,	,	PUNCT
fbem-21417	78	5	the	the	DET
fbem-21417	78	6	turnover	turnover	NOUN
fbem-21417	78	7	rate	rate	NOUN
fbem-21417	78	8	of	of	ADP
fbem-21417	78	9	employees	employee	NOUN
fbem-21417	78	10	is	be	AUX
fbem-21417	78	11	usually	usually	ADV
fbem-21417	78	12	lower	low	ADJ
fbem-21417	78	13	,	,	PUNCT
fbem-21417	78	14	and	and	CCONJ
fbem-21417	78	15	it	it	PRON
fbem-21417	78	16	is	be	AUX
fbem-21417	78	17	more	more	ADV
fbem-21417	78	18	likely	likely	ADJ
fbem-21417	78	19	to	to	PART
fbem-21417	78	20	retain	retain	VERB
fbem-21417	78	21	high	high	ADJ
fbem-21417	78	22	-	-	PUNCT
fbem-21417	78	23	quality	quality	NOUN
fbem-21417	78	24	employees	employee	NOUN
fbem-21417	78	25	,	,	PUNCT
fbem-21417	78	26	and	and	CCONJ
fbem-21417	78	27	it	it	PRON
fbem-21417	78	28	also	also	ADV
fbem-21417	78	29	helps	help	VERB
fbem-21417	78	30	to	to	PART
fbem-21417	78	31	attract	attract	VERB
fbem-21417	78	32	outstanding	outstanding	ADJ
fbem-21417	78	33	talents	talent	NOUN
fbem-21417	78	34	to	to	PART
fbem-21417	78	35	join	join	VERB
fbem-21417	78	36	the	the	DET
fbem-21417	78	37	enterprise	enterprise	NOUN
fbem-21417	78	38	and	and	CCONJ
fbem-21417	78	39	enhance	enhance	VERB
fbem-21417	78	40	its	its	PRON
fbem-21417	78	41	productivity	productivity	NOUN
fbem-21417	78	42	.	.	PUNCT
fbem-21417	79	1	finally	finally	ADV
fbem-21417	79	2	,	,	PUNCT
fbem-21417	79	3	in	in	ADP
fbem-21417	79	4	the	the	DET
fbem-21417	79	5	process	process	NOUN
fbem-21417	79	6	of	of	ADP
fbem-21417	79	7	enterprise	enterprise	NOUN
fbem-21417	79	8	operation	operation	NOUN
fbem-21417	79	9	,	,	PUNCT
fbem-21417	79	10	information	information	NOUN
fbem-21417	79	11	asymmetry	asymmetry	NOUN
fbem-21417	79	12	,	,	PUNCT
fbem-21417	79	13	opportunism	opportunism	NOUN
fbem-21417	79	14	,	,	PUNCT
fbem-21417	79	15	and	and	CCONJ
fbem-21417	79	16	management	management	NOUN
fbem-21417	79	17	short	short	ADJ
fbem-21417	79	18	-	-	PUNCT
fbem-21417	79	19	sightedness	sightedness	NOUN
fbem-21417	79	20	between	between	ADP
fbem-21417	79	21	managers	manager	NOUN
fbem-21417	79	22	and	and	CCONJ
fbem-21417	79	23	enterprise	enterprise	NOUN
fbem-21417	79	24	shareholders	shareholder	NOUN
fbem-21417	79	25	can	can	AUX
fbem-21417	79	26	cause	cause	VERB
fbem-21417	79	27	agency	agency	NOUN
fbem-21417	79	28	problems	problem	NOUN
fbem-21417	79	29	and	and	CCONJ
fbem-21417	79	30	agency	agency	NOUN
fbem-21417	79	31	costs	cost	NOUN
fbem-21417	79	32	to	to	PART
fbem-21417	79	33	increase	increase	VERB
fbem-21417	79	34	.	.	PUNCT
fbem-21417	80	1	esg	esg	NOUN
fbem-21417	80	2	performance	performance	NOUN
fbem-21417	80	3	can	can	AUX
fbem-21417	80	4	effectively	effectively	ADV
fbem-21417	80	5	mitigate	mitigate	VERB
fbem-21417	80	6	information	information	NOUN
fbem-21417	80	7	asymmetry	asymmetry	NOUN
fbem-21417	80	8	and	and	CCONJ
fbem-21417	80	9	agency	agency	NOUN
fbem-21417	80	10	problems	problem	NOUN
fbem-21417	80	11	[	[	X
fbem-21417	80	12	24	24	NUM
fbem-21417	80	13	]	]	PUNCT
fbem-21417	80	14	and	and	CCONJ
fbem-21417	80	15	reduce	reduce	VERB
fbem-21417	80	16	agency	agency	NOUN
fbem-21417	80	17	costs	cost	NOUN
fbem-21417	80	18	.	.	PUNCT
fbem-21417	81	1	on	on	ADP
fbem-21417	81	2	the	the	DET
fbem-21417	81	3	one	one	NUM
fbem-21417	81	4	hand	hand	NOUN
fbem-21417	81	5	,	,	PUNCT
fbem-21417	81	6	esg	esg	NOUN
fbem-21417	81	7	performance	performance	NOUN
fbem-21417	81	8	can	can	AUX
fbem-21417	81	9	improve	improve	VERB
fbem-21417	81	10	the	the	DET
fbem-21417	81	11	internal	internal	ADJ
fbem-21417	81	12	governance	governance	NOUN
fbem-21417	81	13	level	level	NOUN
fbem-21417	81	14	of	of	ADP
fbem-21417	81	15	the	the	DET
fbem-21417	81	16	enterprise	enterprise	NOUN
fbem-21417	81	17	and	and	CCONJ
fbem-21417	81	18	alleviate	alleviate	VERB
fbem-21417	81	19	the	the	DET
fbem-21417	81	20	principalagent	principalagent	NOUN
fbem-21417	81	21	conflict	conflict	NOUN
fbem-21417	81	22	through	through	ADP
fbem-21417	81	23	legal	legal	ADJ
fbem-21417	81	24	and	and	CCONJ
fbem-21417	81	25	compliant	compliant	ADJ
fbem-21417	81	26	incentive	incentive	NOUN
fbem-21417	81	27	and	and	CCONJ
fbem-21417	81	28	constraint	constraint	NOUN
fbem-21417	81	29	mechanisms	mechanism	NOUN
fbem-21417	81	30	;	;	PUNCT
fbem-21417	81	31	on	on	ADP
fbem-21417	81	32	the	the	DET
fbem-21417	81	33	other	other	ADJ
fbem-21417	81	34	hand	hand	NOUN
fbem-21417	81	35	,	,	PUNCT
fbem-21417	81	36	the	the	DET
fbem-21417	81	37	active	active	ADJ
fbem-21417	81	38	disclosure	disclosure	NOUN
fbem-21417	81	39	of	of	ADP
fbem-21417	81	40	esg	esg	PROPN
fbem-21417	81	41	information	information	NOUN
fbem-21417	81	42	reduces	reduce	VERB
fbem-21417	81	43	the	the	DET
fbem-21417	81	44	cost	cost	NOUN
fbem-21417	81	45	of	of	ADP
fbem-21417	81	46	external	external	ADJ
fbem-21417	81	47	supervision	supervision	NOUN
fbem-21417	81	48	,	,	PUNCT
fbem-21417	81	49	which	which	PRON
fbem-21417	81	50	helps	help	VERB
fbem-21417	81	51	to	to	PART
fbem-21417	81	52	improve	improve	VERB
fbem-21417	81	53	the	the	DET
fbem-21417	81	54	enthusiasm	enthusiasm	NOUN
fbem-21417	81	55	of	of	ADP
fbem-21417	81	56	external	external	ADJ
fbem-21417	81	57	supervision	supervision	NOUN
fbem-21417	81	58	and	and	CCONJ
fbem-21417	81	59	force	force	VERB
fbem-21417	81	60	the	the	DET
fbem-21417	81	61	management	management	NOUN
fbem-21417	81	62	to	to	PART
fbem-21417	81	63	strengthen	strengthen	VERB
fbem-21417	81	64	its	its	PRON
fbem-21417	81	65	own	own	ADJ
fbem-21417	81	66	awareness	awareness	NOUN
fbem-21417	81	67	of	of	ADP
fbem-21417	81	68	sustainable	sustainable	ADJ
fbem-21417	81	69	development	development	NOUN
fbem-21417	81	70	and	and	CCONJ
fbem-21417	81	71	reduce	reduce	VERB
fbem-21417	81	72	opportunistic	opportunistic	ADJ
fbem-21417	81	73	motives	motive	NOUN
fbem-21417	81	74	and	and	CCONJ
fbem-21417	81	75	behaviors	behavior	NOUN
fbem-21417	81	76	,	,	PUNCT
fbem-21417	81	77	so	so	SCONJ
fbem-21417	81	78	as	as	SCONJ
fbem-21417	81	79	to	to	PART
fbem-21417	81	80	avoid	avoid	VERB
fbem-21417	81	81	all	all	DET
fbem-21417	81	82	kinds	kind	NOUN
fbem-21417	81	83	of	of	ADP
fbem-21417	81	84	operational	operational	ADJ
fbem-21417	81	85	risks	risk	NOUN
fbem-21417	81	86	and	and	CCONJ
fbem-21417	81	87	ethical	ethical	ADJ
fbem-21417	81	88	disputes	dispute	NOUN
fbem-21417	81	89	.	.	PUNCT
fbem-21417	82	1	based	base	VERB
fbem-21417	82	2	on	on	ADP
fbem-21417	82	3	the	the	DET
fbem-21417	82	4	above	above	ADJ
fbem-21417	82	5	analysis	analysis	NOUN
fbem-21417	82	6	,	,	PUNCT
fbem-21417	82	7	the	the	DET
fbem-21417	82	8	following	follow	VERB
fbem-21417	82	9	hypothesis	hypothesis	NOUN
fbem-21417	82	10	is	be	AUX
fbem-21417	82	11	proposed	propose	VERB
fbem-21417	82	12	in	in	ADP
fbem-21417	82	13	the	the	DET
fbem-21417	82	14	paper	paper	NOUN
fbem-21417	82	15	1	1	NUM
fbem-21417	82	16	.	.	PUNCT
fbem-21417	83	1	hypothesis	hypothesis	NOUN
fbem-21417	83	2	1	1	NUM
fbem-21417	83	3	:	:	PUNCT
fbem-21417	83	4	esg	esg	NOUN
fbem-21417	83	5	performance	performance	NOUN
fbem-21417	83	6	of	of	ADP
fbem-21417	83	7	mining	mining	NOUN
fbem-21417	83	8	companies	company	NOUN
fbem-21417	83	9	is	be	AUX
fbem-21417	83	10	positively	positively	ADV
fbem-21417	83	11	related	relate	VERB
fbem-21417	83	12	to	to	ADP
fbem-21417	83	13	financial	financial	ADJ
fbem-21417	83	14	performance	performance	NOUN
fbem-21417	83	15	.	.	PUNCT
fbem-21417	84	1	3.2	3.2	NUM
fbem-21417	84	2	.	.	PUNCT
fbem-21417	85	1	heterogeneity	heterogeneity	NOUN
fbem-21417	85	2	analysis	analysis	NOUN
fbem-21417	85	3	of	of	ADP
fbem-21417	85	4	esg	esg	NOUN
fbem-21417	85	5	performance	performance	NOUN
fbem-21417	85	6	for	for	ADP
fbem-21417	85	7	mining	mining	NOUN
fbem-21417	85	8	firms	firm	NOUN
fbem-21417	85	9	of	of	ADP
fbem-21417	85	10	different	different	ADJ
fbem-21417	85	11	nature	nature	NOUN
fbem-21417	85	12	according	accord	VERB
fbem-21417	85	13	to	to	ADP
fbem-21417	85	14	the	the	DET
fbem-21417	85	15	different	different	ADJ
fbem-21417	85	16	nature	nature	NOUN
fbem-21417	85	17	of	of	ADP
fbem-21417	85	18	mining	mining	NOUN
fbem-21417	85	19	enterprises	enterprise	NOUN
fbem-21417	86	1	,	,	PUNCT
fbem-21417	86	2	this	this	DET
fbem-21417	86	3	paper	paper	NOUN
fbem-21417	86	4	classifies	classify	VERB
fbem-21417	86	5	the	the	DET
fbem-21417	86	6	sample	sample	NOUN
fbem-21417	86	7	mining	mining	NOUN
fbem-21417	86	8	enterprises	enterprise	NOUN
fbem-21417	86	9	into	into	ADP
fbem-21417	86	10	stateowned	stateowne	VERB
fbem-21417	86	11	enterprises	enterprise	NOUN
fbem-21417	86	12	and	and	CCONJ
fbem-21417	86	13	private	private	ADJ
fbem-21417	86	14	enterprises	enterprise	NOUN
fbem-21417	86	15	,	,	PUNCT
fbem-21417	86	16	and	and	CCONJ
fbem-21417	86	17	the	the	DET
fbem-21417	86	18	esg	esg	NOUN
fbem-21417	86	19	performance	performance	NOUN
fbem-21417	86	20	of	of	ADP
fbem-21417	86	21	these	these	DET
fbem-21417	86	22	two	two	NUM
fbem-21417	86	23	kinds	kind	NOUN
fbem-21417	86	24	of	of	ADP
fbem-21417	86	25	mining	mining	NOUN
fbem-21417	86	26	enterprises	enterprise	NOUN
fbem-21417	86	27	may	may	AUX
fbem-21417	86	28	be	be	AUX
fbem-21417	86	29	different	different	ADJ
fbem-21417	86	30	,	,	PUNCT
fbem-21417	86	31	which	which	PRON
fbem-21417	86	32	is	be	AUX
fbem-21417	86	33	mainly	mainly	ADV
fbem-21417	86	34	due	due	ADP
fbem-21417	86	35	to	to	ADP
fbem-21417	86	36	the	the	DET
fbem-21417	86	37	different	different	ADJ
fbem-21417	86	38	business	business	NOUN
fbem-21417	86	39	objectives	objective	NOUN
fbem-21417	86	40	and	and	CCONJ
fbem-21417	86	41	characteristics	characteristic	NOUN
fbem-21417	87	1	o	o	PROPN
fbem-21417	87	2	f	f	PROPN
fbem-21417	87	3	state	state	NOUN
fbem-21417	87	4	-	-	PUNCT
fbem-21417	87	5	owned	own	VERB
fbem-21417	87	6	enterprises	enterprise	NOUN
fbem-21417	87	7	and	and	CCONJ
fbem-21417	87	8	private	private	ADJ
fbem-21417	87	9	enterprises	enterprise	NOUN
fbem-21417	87	10	,	,	PUNCT
fbem-21417	87	11	and	and	CCONJ
fbem-21417	87	12	the	the	DET
fbem-21417	87	13	private	private	ADJ
fbem-21417	87	14	mining	mining	NOUN
fbem-21417	87	15	enterprises	enterprise	NOUN
fbem-21417	87	16	mainly	mainly	ADV
fbem-21417	87	17	aim	aim	VERB
fbem-21417	87	18	at	at	ADP
fbem-21417	87	19	survival	survival	NOUN
fbem-21417	87	20	and	and	CCONJ
fbem-21417	87	21	development	development	NOUN
fbem-21417	87	22	,	,	PUNCT
fbem-21417	87	23	and	and	CCONJ
fbem-21417	87	24	they	they	PRON
fbem-21417	87	25	adopt	adopt	VERB
fbem-21417	87	26	the	the	DET
fbem-21417	87	27	business	business	NOUN
fbem-21417	87	28	strategy	strategy	NOUN
fbem-21417	87	29	of	of	ADP
fbem-21417	87	30	maximizing	maximize	VERB
fbem-21417	87	31	corporate	corporate	ADJ
fbem-21417	87	32	interests	interest	NOUN
fbem-21417	87	33	in	in	ADP
fbem-21417	87	34	their	their	PRON
fbem-21417	87	35	daily	daily	ADJ
fbem-21417	87	36	business	business	NOUN
fbem-21417	87	37	activities	activity	NOUN
fbem-21417	87	38	,	,	PUNCT
fbem-21417	87	39	which	which	PRON
fbem-21417	87	40	can	can	AUX
fbem-21417	87	41	increase	increase	VERB
fbem-21417	87	42	shareholders	shareholder	NOUN
fbem-21417	87	43	'	'	PART
fbem-21417	87	44	income	income	NOUN
fbem-21417	87	45	and	and	CCONJ
fbem-21417	87	46	enhance	enhance	VERB
fbem-21417	87	47	corporate	corporate	ADJ
fbem-21417	87	48	financial	financial	ADJ
fbem-21417	87	49	performance	performance	NOUN
fbem-21417	87	50	.	.	PUNCT
fbem-21417	88	1	in	in	ADP
fbem-21417	88	2	their	their	PRON
fbem-21417	88	3	daily	daily	ADJ
fbem-21417	88	4	business	business	NOUN
fbem-21417	88	5	activities	activity	NOUN
fbem-21417	88	6	,	,	PUNCT
fbem-21417	88	7	they	they	PRON
fbem-21417	88	8	will	will	AUX
fbem-21417	88	9	adopt	adopt	VERB
fbem-21417	88	10	the	the	DET
fbem-21417	88	11	business	business	NOUN
fbem-21417	88	12	strategy	strategy	NOUN
fbem-21417	88	13	of	of	ADP
fbem-21417	88	14	maximizing	maximize	VERB
fbem-21417	88	15	corporate	corporate	ADJ
fbem-21417	88	16	interests	interest	NOUN
fbem-21417	88	17	,	,	PUNCT
fbem-21417	88	18	which	which	PRON
fbem-21417	88	19	can	can	AUX
fbem-21417	88	20	increase	increase	VERB
fbem-21417	88	21	shareholders	shareholder	NOUN
fbem-21417	88	22	'	'	PART
fbem-21417	88	23	income	income	NOUN
fbem-21417	88	24	and	and	CCONJ
fbem-21417	88	25	improve	improve	VERB
fbem-21417	88	26	corporate	corporate	ADJ
fbem-21417	88	27	financial	financial	ADJ
fbem-21417	88	28	performance	performance	NOUN
fbem-21417	88	29	.	.	PUNCT
fbem-21417	89	1	however	however	ADV
fbem-21417	89	2	,	,	PUNCT
fbem-21417	89	3	due	due	ADP
fbem-21417	89	4	to	to	ADP
fbem-21417	89	5	their	their	PRON
fbem-21417	89	6	special	special	ADJ
fbem-21417	89	7	equity	equity	NOUN
fbem-21417	89	8	nature	nature	NOUN
fbem-21417	89	9	and	and	CCONJ
fbem-21417	89	10	social	social	ADJ
fbem-21417	89	11	status	status	NOUN
fbem-21417	89	12	,	,	PUNCT
fbem-21417	89	13	soes	soe	NOUN
fbem-21417	89	14	have	have	VERB
fbem-21417	89	15	more	more	ADJ
fbem-21417	89	16	social	social	ADJ
fbem-21417	89	17	resources	resource	NOUN
fbem-21417	89	18	and	and	CCONJ
fbem-21417	89	19	also	also	ADV
fbem-21417	89	20	need	need	VERB
fbem-21417	89	21	to	to	PART
fbem-21417	89	22	assume	assume	VERB
fbem-21417	89	23	more	more	ADJ
fbem-21417	89	24	social	social	ADJ
fbem-21417	89	25	responsibility	responsibility	NOUN
fbem-21417	89	26	,	,	PUNCT
fbem-21417	89	27	which	which	PRON
fbem-21417	89	28	results	result	VERB
fbem-21417	89	29	in	in	ADP
fbem-21417	89	30	their	their	PRON
fbem-21417	89	31	efforts	effort	NOUN
fbem-21417	89	32	to	to	PART
fbem-21417	89	33	address	address	VERB
fbem-21417	89	34	environmental	environmental	ADJ
fbem-21417	89	35	and	and	CCONJ
fbem-21417	89	36	social	social	ADJ
fbem-21417	89	37	issues	issue	NOUN
fbem-21417	89	38	are	be	AUX
fbem-21417	89	39	often	often	ADV
fbem-21417	89	40	overlooked	overlook	VERB
fbem-21417	89	41	by	by	ADP
fbem-21417	89	42	the	the	DET
fbem-21417	89	43	public	public	NOUN
fbem-21417	89	44	,	,	PUNCT
fbem-21417	89	45	and	and	CCONJ
fbem-21417	89	46	the	the	DET
fbem-21417	89	47	improvement	improvement	NOUN
fbem-21417	89	48	of	of	ADP
fbem-21417	89	49	their	their	PRON
fbem-21417	89	50	internal	internal	ADJ
fbem-21417	89	51	control	control	NOUN
fbem-21417	89	52	system	system	NOUN
fbem-21417	89	53	is	be	AUX
fbem-21417	89	54	highly	highly	ADV
fbem-21417	89	55	regarded	regard	VERB
fbem-21417	89	56	and	and	CCONJ
fbem-21417	89	57	expected	expect	VERB
fbem-21417	89	58	,	,	PUNCT
fbem-21417	89	59	so	so	CCONJ
fbem-21417	89	60	it	it	PRON
fbem-21417	89	61	is	be	AUX
fbem-21417	89	62	difficult	difficult	ADJ
fbem-21417	89	63	for	for	SCONJ
fbem-21417	89	64	soes	soe	NOUN
fbem-21417	89	65	to	to	PART
fbem-21417	89	66	transform	transform	VERB
fbem-21417	89	67	their	their	PRON
fbem-21417	89	68	esg	esg	NOUN
fbem-21417	89	69	performance	performance	NOUN
fbem-21417	89	70	into	into	ADP
fbem-21417	89	71	actual	actual	ADJ
fbem-21417	89	72	economic	economic	ADJ
fbem-21417	89	73	benefits	benefit	NOUN
fbem-21417	89	74	.	.	PUNCT
fbem-21417	90	1	in	in	ADP
fbem-21417	90	2	summary	summary	NOUN
fbem-21417	90	3	,	,	PUNCT
fbem-21417	90	4	this	this	DET
fbem-21417	90	5	paper	paper	NOUN
fbem-21417	90	6	proposes	propose	VERB
fbem-21417	90	7	research	research	NOUN
fbem-21417	90	8	hypothesis	hypothesis	NOUN
fbem-21417	90	9	2	2	NUM
fbem-21417	90	10	.	.	PUNCT
fbem-21417	90	11	hypothesis	hypothesis	NOUN
fbem-21417	90	12	2	2	NUM
fbem-21417	90	13	:	:	PUNCT
fbem-21417	90	14	esg	esg	NOUN
fbem-21417	90	15	performance	performance	NOUN
fbem-21417	90	16	has	have	VERB
fbem-21417	90	17	a	a	DET
fbem-21417	90	18	heterogeneous	heterogeneous	ADJ
fbem-21417	90	19	impact	impact	NOUN
fbem-21417	90	20	on	on	ADP
fbem-21417	90	21	the	the	DET
fbem-21417	90	22	financial	financial	ADJ
fbem-21417	90	23	performance	performance	NOUN
fbem-21417	90	24	of	of	ADP
fbem-21417	90	25	mining	mining	NOUN
fbem-21417	90	26	firms	firm	NOUN
fbem-21417	90	27	of	of	ADP
fbem-21417	90	28	different	different	ADJ
fbem-21417	90	29	nature	nature	NOUN
fbem-21417	90	30	.	.	PUNCT
fbem-21417	91	1	4	4	X
fbem-21417	91	2	.	.	X
fbem-21417	91	3	research	research	NOUN
fbem-21417	91	4	design	design	NOUN
fbem-21417	91	5	4.1	4.1	NUM
fbem-21417	91	6	.	.	PUNCT
fbem-21417	92	1	sample	sample	NOUN
fbem-21417	92	2	selection	selection	NOUN
fbem-21417	92	3	and	and	CCONJ
fbem-21417	92	4	data	datum	NOUN
fbem-21417	92	5	sources	source	NOUN
fbem-21417	92	6	since	since	SCONJ
fbem-21417	92	7	the	the	DET
fbem-21417	92	8	esg	esg	PROPN
fbem-21417	92	9	data	datum	NOUN
fbem-21417	92	10	selected	select	VERB
fbem-21417	92	11	in	in	ADP
fbem-21417	92	12	this	this	DET
fbem-21417	92	13	paper	paper	NOUN
fbem-21417	92	14	comes	come	VERB
fbem-21417	92	15	from	from	ADP
fbem-21417	92	16	wind	wind	NOUN
fbem-21417	92	17	database	database	NOUN
fbem-21417	92	18	,	,	PUNCT
fbem-21417	92	19	a	a	DET
fbem-21417	92	20	domestic	domestic	ADJ
fbem-21417	92	21	authoritative	authoritative	ADJ
fbem-21417	92	22	rating	rating	NOUN
fbem-21417	92	23	agency	agency	NOUN
fbem-21417	92	24	that	that	PRON
fbem-21417	92	25	has	have	AUX
fbem-21417	92	26	been	be	AUX
fbem-21417	92	27	conducting	conduct	VERB
fbem-21417	92	28	research	research	NOUN
fbem-21417	92	29	on	on	ADP
fbem-21417	92	30	esg	esg	PROPN
fbem-21417	92	31	standards	standard	NOUN
fbem-21417	92	32	and	and	CCONJ
fbem-21417	92	33	frameworks	framework	NOUN
fbem-21417	92	34	since	since	SCONJ
fbem-21417	92	35	2018	2018	NUM
fbem-21417	92	36	,	,	PUNCT
fbem-21417	92	37	the	the	DET
fbem-21417	92	38	sample	sample	NOUN
fbem-21417	92	39	data	datum	NOUN
fbem-21417	92	40	of	of	ADP
fbem-21417	92	41	all	all	DET
fbem-21417	92	42	a	a	DET
fbem-21417	92	43	-	-	PUNCT
fbem-21417	92	44	share	share	NOUN
fbem-21417	92	45	-	-	PUNCT
fbem-21417	92	46	listed	list	VERB
fbem-21417	92	47	mining	mining	NOUN
fbem-21417	92	48	enterprises	enterprise	NOUN
fbem-21417	92	49	in	in	ADP
fbem-21417	92	50	china	china	PROPN
fbem-21417	92	51	in	in	ADP
fbem-21417	92	52	20182022	20182022	NUM
fbem-21417	92	53	are	be	AUX
fbem-21417	92	54	selected	select	VERB
fbem-21417	92	55	for	for	ADP
fbem-21417	92	56	the	the	DET
fbem-21417	92	57	study	study	NOUN
fbem-21417	92	58	,	,	PUNCT
fbem-21417	92	59	and	and	CCONJ
fbem-21417	92	60	the	the	DET
fbem-21417	92	61	original	original	ADJ
fbem-21417	92	62	sample	sample	NOUN
fbem-21417	92	63	data	datum	NOUN
fbem-21417	92	64	are	be	AUX
fbem-21417	92	65	screened	screen	VERB
fbem-21417	92	66	as	as	SCONJ
fbem-21417	92	67	follows	follow	VERB
fbem-21417	92	68	:	:	PUNCT
fbem-21417	92	69	①	①	X
fbem-21417	92	70	delete	delete	VERB
fbem-21417	92	71	the	the	DET
fbem-21417	92	72	companies	company	NOUN
fbem-21417	92	73	that	that	PRON
fbem-21417	92	74	are	be	AUX
fbem-21417	92	75	listed	list	VERB
fbem-21417	92	76	on	on	ADP
fbem-21417	92	77	st	st	PROPN
fbem-21417	92	78	,	,	PUNCT
fbem-21417	92	79	*	*	PROPN
fbem-21417	92	80	st	st	PROPN
fbem-21417	92	81	and	and	CCONJ
fbem-21417	92	82	terminated	terminate	VERB
fbem-21417	92	83	during	during	ADP
fbem-21417	92	84	2018	2018	NUM
fbem-21417	92	85	-	-	SYM
fbem-21417	92	86	2022	2022	NUM
fbem-21417	92	87	;	;	PUNCT
fbem-21417	92	88	②	②	NUM
fbem-21417	92	89	delete	delete	VERB
fbem-21417	92	90	the	the	DET
fbem-21417	92	91	companies	company	NOUN
fbem-21417	92	92	with	with	ADP
fbem-21417	92	93	missing	miss	VERB
fbem-21417	92	94	values	value	NOUN
fbem-21417	92	95	of	of	ADP
fbem-21417	92	96	key	key	ADJ
fbem-21417	92	97	variables	variable	NOUN
fbem-21417	92	98	;	;	PUNCT
fbem-21417	92	99	③	③	NUM
fbem-21417	92	100	delete	delete	VERB
fbem-21417	92	101	the	the	DET
fbem-21417	92	102	companies	company	NOUN
fbem-21417	92	103	with	with	ADP
fbem-21417	92	104	missing	miss	VERB
fbem-21417	92	105	values	value	NOUN
fbem-21417	92	106	of	of	ADP
fbem-21417	92	107	key	key	ADJ
fbem-21417	92	108	variables	variable	NOUN
fbem-21417	92	109	;	;	PUNCT
fbem-21417	92	110	and	and	CCONJ
fbem-21417	92	111	the	the	DET
fbem-21417	92	112	original	original	ADJ
fbem-21417	92	113	sample	sample	NOUN
fbem-21417	92	114	data	datum	NOUN
fbem-21417	92	115	is	be	AUX
fbem-21417	92	116	screened	screen	VERB
fbem-21417	92	117	as	as	SCONJ
fbem-21417	92	118	follows	follow	VERB
fbem-21417	92	119	:	:	PUNCT
fbem-21417	92	120	①	①	NUM
fbem-21417	92	121	delete	delete	PROPN
fbem-21417	92	122	st	st	PROPN
fbem-21417	92	123	,	,	PUNCT
fbem-21417	92	124	*	*	PROPN
fbem-21417	92	125	st	st	X
fbem-21417	92	126	,	,	PUNCT
fbem-21417	92	127	and	and	CCONJ
fbem-21417	92	128	enterprises	enterprise	NOUN
fbem-21417	92	129	whose	whose	DET
fbem-21417	92	130	listing	listing	NOUN
fbem-21417	92	131	will	will	AUX
fbem-21417	92	132	be	be	AUX
fbem-21417	92	133	terminated	terminate	VERB
fbem-21417	92	134	during	during	ADP
fbem-21417	92	135	the	the	DET
fbem-21417	92	136	period	period	NOUN
fbem-21417	92	137	of	of	ADP
fbem-21417	92	138	2018	2018	NUM
fbem-21417	92	139	129	129	NUM
fbem-21417	92	140	2022	2022	NUM
fbem-21417	92	141	;	;	PUNCT
fbem-21417	92	142	②	②	NUM
fbem-21417	92	143	delete	delete	ADJ
fbem-21417	92	144	enterprises	enterprise	NOUN
fbem-21417	92	145	with	with	ADP
fbem-21417	92	146	missing	miss	VERB
fbem-21417	92	147	values	value	NOUN
fbem-21417	92	148	of	of	ADP
fbem-21417	92	149	key	key	ADJ
fbem-21417	92	150	variables	variable	NOUN
fbem-21417	92	151	;	;	PUNCT
fbem-21417	92	152	and	and	CCONJ
fbem-21417	92	153	lost	lose	VERB
fbem-21417	92	154	samples	sample	NOUN
fbem-21417	92	155	.	.	PUNCT
fbem-21417	93	1	after	after	ADP
fbem-21417	93	2	the	the	DET
fbem-21417	93	3	screening	screening	NOUN
fbem-21417	93	4	process	process	NOUN
fbem-21417	93	5	,	,	PUNCT
fbem-21417	93	6	368	368	NUM
fbem-21417	93	7	samples	sample	NOUN
fbem-21417	93	8	were	be	AUX
fbem-21417	93	9	obtained	obtain	VERB
fbem-21417	93	10	.	.	PUNCT
fbem-21417	94	1	data	datum	NOUN
fbem-21417	94	2	on	on	ADP
fbem-21417	94	3	corporate	corporate	ADJ
fbem-21417	94	4	esg	esg	NOUN
fbem-21417	94	5	performance	performance	NOUN
fbem-21417	94	6	from	from	ADP
fbem-21417	94	7	wind	wind	NOUN
fbem-21417	94	8	data	datum	NOUN
fbem-21417	94	9	on	on	ADP
fbem-21417	94	10	public	public	ADJ
fbem-21417	94	11	esg	esg	NOUN
fbem-21417	94	12	ratings	rating	NOUN
fbem-21417	94	13	from	from	ADP
fbem-21417	94	14	the	the	DET
fbem-21417	94	15	database	database	NOUN
fbem-21417	94	16	,	,	PUNCT
fbem-21417	94	17	and	and	CCONJ
fbem-21417	94	18	data	datum	NOUN
fbem-21417	94	19	on	on	ADP
fbem-21417	94	20	other	other	ADJ
fbem-21417	94	21	companies	company	NOUN
fbem-21417	94	22	from	from	ADP
fbem-21417	94	23	the	the	DET
fbem-21417	94	24	cathay	cathay	PROPN
fbem-21417	94	25	pacific	pacific	PROPN
fbem-21417	94	26	database	database	NOUN
fbem-21417	94	27	(	(	PUNCT
fbem-21417	94	28	csmar	csmar	PROPN
fbem-21417	94	29	)	)	PUNCT
fbem-21417	94	30	.	.	PUNCT
fbem-21417	95	1	4.2	4.2	NUM
fbem-21417	95	2	.	.	PUNCT
fbem-21417	95	3	definition	definition	NOUN
fbem-21417	95	4	of	of	ADP
fbem-21417	95	5	main	main	ADJ
fbem-21417	95	6	variables	variable	NOUN
fbem-21417	95	7	4.2.1	4.2.1	NUM
fbem-21417	95	8	.	.	PUNCT
fbem-21417	95	9	explained	explain	VERB
fbem-21417	95	10	variables	variable	NOUN
fbem-21417	95	11	firm	firm	ADJ
fbem-21417	95	12	financial	financial	ADJ
fbem-21417	95	13	performance	performance	NOUN
fbem-21417	95	14	in	in	ADP
fbem-21417	95	15	this	this	DET
fbem-21417	95	16	paper	paper	NOUN
fbem-21417	95	17	,	,	PUNCT
fbem-21417	95	18	we	we	PRON
fbem-21417	95	19	refer	refer	VERB
fbem-21417	95	20	to	to	ADP
fbem-21417	95	21	the	the	DET
fbem-21417	95	22	research	research	NOUN
fbem-21417	95	23	of	of	ADP
fbem-21417	95	24	luo	luo	PROPN
fbem-21417	95	25	jinghua	jinghua	PROPN
fbem-21417	95	26	and	and	CCONJ
fbem-21417	95	27	other	other	ADJ
fbem-21417	95	28	scholars	scholar	NOUN
fbem-21417	95	29	[	[	X
fbem-21417	95	30	2	2	NUM
fbem-21417	95	31	]	]	PUNCT
fbem-21417	95	32	,	,	PUNCT
fbem-21417	95	33	to	to	PART
fbem-21417	95	34	measure	measure	VERB
fbem-21417	95	35	the	the	DET
fbem-21417	95	36	financial	financial	ADJ
fbem-21417	95	37	performance	performance	NOUN
fbem-21417	95	38	of	of	ADP
fbem-21417	95	39	mining	mining	NOUN
fbem-21417	95	40	enterprises	enterprise	NOUN
fbem-21417	95	41	by	by	ADP
fbem-21417	95	42	roa	roa	NOUN
fbem-21417	95	43	of	of	ADP
fbem-21417	95	44	total	total	ADJ
fbem-21417	95	45	assets	asset	NOUN
fbem-21417	95	46	,	,	PUNCT
fbem-21417	95	47	and	and	CCONJ
fbem-21417	95	48	use	use	VERB
fbem-21417	95	49	roe	roe	NOUN
fbem-21417	95	50	of	of	ADP
fbem-21417	95	51	net	net	ADJ
fbem-21417	95	52	assets	asset	NOUN
fbem-21417	95	53	to	to	PART
fbem-21417	95	54	conduct	conduct	VERB
fbem-21417	95	55	the	the	DET
fbem-21417	95	56	robustness	robustness	NOUN
fbem-21417	95	57	test.a	test.a	PRON
fbem-21417	95	58	higher	high	ADJ
fbem-21417	95	59	roa	roa	NOUN
fbem-21417	95	60	means	mean	VERB
fbem-21417	95	61	a	a	DET
fbem-21417	95	62	higher	high	ADJ
fbem-21417	95	63	utilization	utilization	NOUN
fbem-21417	95	64	efficiency	efficiency	NOUN
fbem-21417	95	65	of	of	ADP
fbem-21417	95	66	assets	asset	NOUN
fbem-21417	95	67	,	,	PUNCT
fbem-21417	95	68	which	which	PRON
fbem-21417	95	69	can	can	AUX
fbem-21417	95	70	better	well	ADV
fbem-21417	95	71	control	control	VERB
fbem-21417	95	72	the	the	DET
fbem-21417	95	73	cost	cost	NOUN
fbem-21417	95	74	and	and	CCONJ
fbem-21417	95	75	risk	risk	VERB
fbem-21417	95	76	and	and	CCONJ
fbem-21417	95	77	achieve	achieve	VERB
fbem-21417	95	78	a	a	DET
fbem-21417	95	79	better	well	ADJ
fbem-21417	95	80	operating	operating	NOUN
fbem-21417	95	81	efficiency	efficiency	NOUN
fbem-21417	95	82	.	.	PUNCT
fbem-21417	96	1	roe	roe	PROPN
fbem-21417	96	2	reflects	reflect	VERB
fbem-21417	96	3	the	the	DET
fbem-21417	96	4	return	return	NOUN
fbem-21417	96	5	rate	rate	NOUN
fbem-21417	96	6	of	of	ADP
fbem-21417	96	7	enterprise	enterprise	NOUN
fbem-21417	96	8	's	's	PART
fbem-21417	96	9	investment	investment	NOUN
fbem-21417	96	10	to	to	ADP
fbem-21417	96	11	shareholders	shareholder	NOUN
fbem-21417	96	12	,	,	PUNCT
fbem-21417	96	13	and	and	CCONJ
fbem-21417	96	14	enterprises	enterprise	NOUN
fbem-21417	96	15	with	with	ADP
fbem-21417	96	16	higher	high	ADJ
fbem-21417	96	17	roe	roe	NOUN
fbem-21417	96	18	can	can	AUX
fbem-21417	96	19	attract	attract	VERB
fbem-21417	96	20	more	more	ADJ
fbem-21417	96	21	attention	attention	NOUN
fbem-21417	96	22	and	and	CCONJ
fbem-21417	96	23	support	support	NOUN
fbem-21417	96	24	from	from	ADP
fbem-21417	96	25	investors	investor	NOUN
fbem-21417	96	26	and	and	CCONJ
fbem-21417	96	27	the	the	DET
fbem-21417	96	28	capital	capital	NOUN
fbem-21417	96	29	market	market	NOUN
fbem-21417	96	30	.	.	PUNCT
fbem-21417	97	1	4.2.2	4.2.2	X
fbem-21417	97	2	.	.	PUNCT
fbem-21417	97	3	explanatory	explanatory	ADJ
fbem-21417	97	4	variables	variable	NOUN
fbem-21417	97	5	corporate	corporate	ADJ
fbem-21417	97	6	esg	esg	NOUN
fbem-21417	97	7	performance	performance	NOUN
fbem-21417	97	8	(	(	PUNCT
fbem-21417	97	9	esg	esg	PROPN
fbem-21417	97	10	)	)	PUNCT
fbem-21417	97	11	the	the	DET
fbem-21417	97	12	explanatory	explanatory	ADJ
fbem-21417	97	13	variables	variable	NOUN
fbem-21417	97	14	are	be	AUX
fbem-21417	97	15	the	the	DET
fbem-21417	97	16	esg	esg	NOUN
fbem-21417	97	17	scores	score	NOUN
fbem-21417	97	18	of	of	ADP
fbem-21417	97	19	mining	mining	NOUN
fbem-21417	97	20	companies	company	NOUN
fbem-21417	97	21	obtained	obtain	VERB
fbem-21417	97	22	from	from	ADP
fbem-21417	97	23	the	the	DET
fbem-21417	97	24	esg	esg	PROPN
fbem-21417	97	25	scores	score	NOUN
fbem-21417	97	26	published	publish	VERB
fbem-21417	97	27	in	in	ADP
fbem-21417	97	28	the	the	DET
fbem-21417	97	29	wind	wind	NOUN
fbem-21417	97	30	database	database	NOUN
fbem-21417	97	31	,	,	PUNCT
fbem-21417	97	32	and	and	CCONJ
fbem-21417	97	33	wind	wind	NOUN
fbem-21417	97	34	has	have	AUX
fbem-21417	97	35	independently	independently	ADV
fbem-21417	97	36	developed	develop	VERB
fbem-21417	97	37	an	an	DET
fbem-21417	97	38	esg	esg	NOUN
fbem-21417	97	39	evaluation	evaluation	NOUN
fbem-21417	97	40	system	system	NOUN
fbem-21417	97	41	based	base	VERB
fbem-21417	97	42	on	on	ADP
fbem-21417	97	43	the	the	DET
fbem-21417	97	44	actual	actual	ADJ
fbem-21417	97	45	situation	situation	NOUN
fbem-21417	97	46	of	of	ADP
fbem-21417	97	47	china	china	PROPN
fbem-21417	97	48	's	's	PART
fbem-21417	97	49	a	a	DET
fbem-21417	97	50	-	-	PUNCT
fbem-21417	97	51	share	share	NOUN
fbem-21417	97	52	market	market	NOUN
fbem-21417	97	53	.	.	PUNCT
fbem-21417	98	1	windesg	windesg	PROPN
fbem-21417	98	2	refers	refer	VERB
fbem-21417	98	3	to	to	ADP
fbem-21417	98	4	the	the	DET
fbem-21417	98	5	international	international	ADJ
fbem-21417	98	6	mainstream	mainstream	NOUN
fbem-21417	98	7	esg	esg	NOUN
fbem-21417	98	8	system	system	NOUN
fbem-21417	98	9	structure	structure	NOUN
fbem-21417	98	10	and	and	CCONJ
fbem-21417	98	11	combines	combine	VERB
fbem-21417	98	12	the	the	DET
fbem-21417	98	13	development	development	NOUN
fbem-21417	98	14	of	of	ADP
fbem-21417	98	15	china	china	PROPN
fbem-21417	98	16	's	's	PART
fbem-21417	98	17	capital	capital	NOUN
fbem-21417	98	18	market	market	NOUN
fbem-21417	98	19	,	,	PUNCT
fbem-21417	98	20	regulatory	regulatory	ADJ
fbem-21417	98	21	policies	policy	NOUN
fbem-21417	98	22	and	and	CCONJ
fbem-21417	98	23	company	company	NOUN
fbem-21417	98	24	esg	esg	PROPN
fbem-21417	98	25	practices	practice	NOUN
fbem-21417	98	26	to	to	PART
fbem-21417	98	27	form	form	VERB
fbem-21417	98	28	a	a	DET
fbem-21417	98	29	localized	localize	VERB
fbem-21417	98	30	indicator	indicator	NOUN
fbem-21417	98	31	system	system	NOUN
fbem-21417	98	32	,	,	PUNCT
fbem-21417	98	33	which	which	PRON
fbem-21417	98	34	is	be	AUX
fbem-21417	98	35	more	more	ADV
fbem-21417	98	36	scientifically	scientifically	ADV
fbem-21417	98	37	applicable	applicable	ADJ
fbem-21417	98	38	to	to	ADP
fbem-21417	98	39	chinese	chinese	ADJ
fbem-21417	98	40	companies	company	NOUN
fbem-21417	98	41	.	.	PUNCT
fbem-21417	99	1	4.2.3	4.2.3	X
fbem-21417	99	2	.	.	PUNCT
fbem-21417	100	1	control	control	PROPN
fbem-21417	100	2	variable	variable	PROPN
fbem-21417	100	3	referring	refer	VERB
fbem-21417	100	4	to	to	ADP
fbem-21417	100	5	previous	previous	ADJ
fbem-21417	100	6	related	related	ADJ
fbem-21417	100	7	studies	study	NOUN
fbem-21417	100	8	[	[	X
fbem-21417	100	9	2][4	2][4	NUM
fbem-21417	100	10	]	]	X
fbem-21417	100	11	,	,	PUNCT
fbem-21417	100	12	the	the	DET
fbem-21417	100	13	following	follow	VERB
fbem-21417	100	14	indicators	indicator	NOUN
fbem-21417	100	15	are	be	AUX
fbem-21417	100	16	selected	select	VERB
fbem-21417	100	17	as	as	ADP
fbem-21417	100	18	control	control	NOUN
fbem-21417	100	19	variables	variable	NOUN
fbem-21417	100	20	in	in	ADP
fbem-21417	100	21	this	this	DET
fbem-21417	100	22	paper	paper	NOUN
fbem-21417	100	23	.	.	PUNCT
fbem-21417	101	1	(	(	PUNCT
fbem-21417	101	2	1	1	X
fbem-21417	101	3	)	)	PUNCT
fbem-21417	101	4	age	age	NOUN
fbem-21417	101	5	of	of	ADP
fbem-21417	101	6	the	the	DET
fbem-21417	101	7	enterprise	enterprise	NOUN
fbem-21417	101	8	.	.	PUNCT
fbem-21417	102	1	the	the	DET
fbem-21417	102	2	age	age	NOUN
fbem-21417	102	3	of	of	ADP
fbem-21417	102	4	an	an	DET
fbem-21417	102	5	enterprise	enterprise	NOUN
fbem-21417	102	6	reflects	reflect	VERB
fbem-21417	102	7	the	the	DET
fbem-21417	102	8	length	length	NOUN
fbem-21417	102	9	of	of	ADP
fbem-21417	102	10	time	time	NOUN
fbem-21417	102	11	it	it	PRON
fbem-21417	102	12	has	have	AUX
fbem-21417	102	13	been	be	AUX
fbem-21417	102	14	in	in	ADP
fbem-21417	102	15	existence	existence	NOUN
fbem-21417	102	16	,	,	PUNCT
fbem-21417	102	17	and	and	CCONJ
fbem-21417	102	18	its	its	PRON
fbem-21417	102	19	business	business	NOUN
fbem-21417	102	20	operations	operation	NOUN
fbem-21417	102	21	continue	continue	VERB
fbem-21417	102	22	to	to	PART
fbem-21417	102	23	develop	develop	VERB
fbem-21417	102	24	over	over	ADP
fbem-21417	102	25	time	time	NOUN
fbem-21417	102	26	,	,	PUNCT
fbem-21417	102	27	resulting	result	VERB
fbem-21417	102	28	in	in	ADP
fbem-21417	102	29	richer	rich	ADJ
fbem-21417	102	30	capital	capital	NOUN
fbem-21417	102	31	and	and	CCONJ
fbem-21417	102	32	experience	experience	NOUN
fbem-21417	102	33	,	,	PUNCT
fbem-21417	102	34	which	which	PRON
fbem-21417	102	35	is	be	AUX
fbem-21417	102	36	conducive	conducive	ADJ
fbem-21417	102	37	to	to	ADP
fbem-21417	102	38	performance	performance	NOUN
fbem-21417	102	39	improvement	improvement	NOUN
fbem-21417	102	40	.	.	PUNCT
fbem-21417	103	1	(	(	PUNCT
fbem-21417	103	2	2	2	X
fbem-21417	103	3	)	)	PUNCT
fbem-21417	103	4	equity	equity	NOUN
fbem-21417	103	5	concentration	concentration	NOUN
fbem-21417	103	6	(	(	PUNCT
fbem-21417	103	7	top1	top1	PROPN
fbem-21417	103	8	)	)	PUNCT
fbem-21417	103	9	.	.	PUNCT
fbem-21417	104	1	equity	equity	NOUN
fbem-21417	104	2	concentration	concentration	NOUN
fbem-21417	104	3	is	be	AUX
fbem-21417	104	4	usually	usually	ADV
fbem-21417	104	5	measured	measure	VERB
fbem-21417	104	6	by	by	ADP
fbem-21417	104	7	the	the	DET
fbem-21417	104	8	proportion	proportion	NOUN
fbem-21417	104	9	of	of	ADP
fbem-21417	104	10	a	a	DET
fbem-21417	104	11	firm	firm	NOUN
fbem-21417	104	12	's	's	PART
fbem-21417	104	13	equity	equity	NOUN
fbem-21417	104	14	holders	holder	NOUN
fbem-21417	104	15	,	,	PUNCT
fbem-21417	104	16	i.e.	i.e.	X
fbem-21417	104	17	shareholders	shareholder	NOUN
fbem-21417	104	18	,	,	PUNCT
fbem-21417	104	19	who	who	PRON
fbem-21417	104	20	hold	hold	VERB
fbem-21417	104	21	a	a	DET
fbem-21417	104	22	strategic	strategic	ADJ
fbem-21417	104	23	position	position	NOUN
fbem-21417	104	24	that	that	PRON
fbem-21417	104	25	contributes	contribute	VERB
fbem-21417	104	26	to	to	ADP
fbem-21417	104	27	the	the	DET
fbem-21417	104	28	firm	firm	NOUN
fbem-21417	104	29	's	's	PART
fbem-21417	104	30	financial	financial	ADJ
fbem-21417	104	31	performance	performance	NOUN
fbem-21417	104	32	.	.	PUNCT
fbem-21417	105	1	(	(	PUNCT
fbem-21417	105	2	3	3	X
fbem-21417	105	3	)	)	PUNCT
fbem-21417	105	4	growth	growth	NOUN
fbem-21417	105	5	capacity	capacity	NOUN
fbem-21417	105	6	(	(	PUNCT
fbem-21417	105	7	growth	growth	NOUN
fbem-21417	105	8	)	)	PUNCT
fbem-21417	105	9	.	.	PUNCT
fbem-21417	106	1	the	the	DET
fbem-21417	106	2	analysis	analysis	NOUN
fbem-21417	106	3	of	of	ADP
fbem-21417	106	4	the	the	DET
fbem-21417	106	5	growth	growth	NOUN
fbem-21417	106	6	capacity	capacity	NOUN
fbem-21417	106	7	of	of	ADP
fbem-21417	106	8	the	the	DET
fbem-21417	106	9	enterprise	enterprise	NOUN
fbem-21417	106	10	shows	show	VERB
fbem-21417	106	11	the	the	DET
fbem-21417	106	12	long	long	ADJ
fbem-21417	106	13	-	-	PUNCT
fbem-21417	106	14	term	term	NOUN
fbem-21417	106	15	expansion	expansion	NOUN
fbem-21417	106	16	ability	ability	NOUN
fbem-21417	106	17	of	of	ADP
fbem-21417	106	18	the	the	DET
fbem-21417	106	19	enterprise	enterprise	NOUN
fbem-21417	106	20	and	and	CCONJ
fbem-21417	106	21	the	the	DET
fbem-21417	106	22	strength	strength	NOUN
fbem-21417	106	23	of	of	ADP
fbem-21417	106	24	future	future	ADJ
fbem-21417	106	25	production	production	NOUN
fbem-21417	106	26	and	and	CCONJ
fbem-21417	106	27	operation	operation	NOUN
fbem-21417	106	28	.	.	PUNCT
fbem-21417	107	1	(	(	PUNCT
fbem-21417	107	2	4	4	X
fbem-21417	107	3	)	)	PUNCT
fbem-21417	107	4	gearing	gear	VERB
fbem-21417	107	5	ratio	ratio	NOUN
fbem-21417	107	6	(	(	PUNCT
fbem-21417	107	7	lev	lev	NOUN
fbem-21417	107	8	)	)	PUNCT
fbem-21417	107	9	.	.	PUNCT
fbem-21417	108	1	the	the	DET
fbem-21417	108	2	gearing	gear	VERB
fbem-21417	108	3	ratio	ratio	NOUN
fbem-21417	108	4	reflects	reflect	VERB
fbem-21417	108	5	an	an	DET
fbem-21417	108	6	enterprise	enterprise	NOUN
fbem-21417	108	7	's	's	PART
fbem-21417	108	8	ability	ability	NOUN
fbem-21417	108	9	to	to	PART
fbem-21417	108	10	raise	raise	VERB
fbem-21417	108	11	debt	debt	NOUN
fbem-21417	108	12	to	to	PART
fbem-21417	108	13	operate	operate	VERB
fbem-21417	108	14	and	and	CCONJ
fbem-21417	108	15	is	be	AUX
fbem-21417	108	16	a	a	DET
fbem-21417	108	17	key	key	ADJ
fbem-21417	108	18	indicator	indicator	NOUN
fbem-21417	108	19	of	of	ADP
fbem-21417	108	20	an	an	DET
fbem-21417	108	21	enterprise	enterprise	NOUN
fbem-21417	108	22	's	's	PART
fbem-21417	108	23	financial	financial	ADJ
fbem-21417	108	24	position	position	NOUN
fbem-21417	108	25	.	.	PUNCT
fbem-21417	109	1	(	(	PUNCT
fbem-21417	109	2	5)proportion	5)proportion	NUM
fbem-21417	109	3	of	of	ADP
fbem-21417	109	4	independent	independent	ADJ
fbem-21417	109	5	directors	director	NOUN
fbem-21417	109	6	(	(	PUNCT
fbem-21417	109	7	indep	indep	NOUN
fbem-21417	109	8	)	)	PUNCT
fbem-21417	109	9	.	.	PUNCT
fbem-21417	110	1	the	the	DET
fbem-21417	110	2	proportion	proportion	NOUN
fbem-21417	110	3	of	of	ADP
fbem-21417	110	4	independent	independent	ADJ
fbem-21417	110	5	directors	director	NOUN
fbem-21417	110	6	reflects	reflect	VERB
fbem-21417	110	7	the	the	DET
fbem-21417	110	8	objectivity	objectivity	NOUN
fbem-21417	110	9	,	,	PUNCT
fbem-21417	110	10	professionalism	professionalism	NOUN
fbem-21417	110	11	and	and	CCONJ
fbem-21417	110	12	independence	independence	NOUN
fbem-21417	110	13	of	of	ADP
fbem-21417	110	14	the	the	DET
fbem-21417	110	15	board	board	NOUN
fbem-21417	110	16	of	of	ADP
fbem-21417	110	17	directors	director	NOUN
fbem-21417	110	18	to	to	ADP
fbem-21417	110	19	a	a	DET
fbem-21417	110	20	certain	certain	ADJ
fbem-21417	110	21	extent	extent	NOUN
fbem-21417	110	22	,	,	PUNCT
fbem-21417	110	23	and	and	CCONJ
fbem-21417	110	24	has	have	VERB
fbem-21417	110	25	an	an	DET
fbem-21417	110	26	impact	impact	NOUN
fbem-21417	110	27	on	on	ADP
fbem-21417	110	28	the	the	DET
fbem-21417	110	29	financial	financial	ADJ
fbem-21417	110	30	performance	performance	NOUN
fbem-21417	110	31	of	of	ADP
fbem-21417	110	32	the	the	DET
fbem-21417	110	33	enterprise	enterprise	NOUN
fbem-21417	110	34	by	by	ADP
fbem-21417	110	35	weakening	weaken	VERB
fbem-21417	110	36	the	the	DET
fbem-21417	110	37	negative	negative	ADJ
fbem-21417	110	38	impacts	impact	NOUN
fbem-21417	110	39	caused	cause	VERB
fbem-21417	110	40	by	by	ADP
fbem-21417	110	41	insider	insider	NOUN
fbem-21417	110	42	control	control	NOUN
fbem-21417	110	43	.	.	PUNCT
fbem-21417	111	1	(	(	PUNCT
fbem-21417	111	2	6	6	X
fbem-21417	111	3	)	)	PUNCT
fbem-21417	111	4	enterprise	enterprise	NOUN
fbem-21417	111	5	size	size	NOUN
fbem-21417	111	6	(	(	PUNCT
fbem-21417	111	7	size	size	NOUN
fbem-21417	111	8	)	)	PUNCT
fbem-21417	111	9	.	.	PUNCT
fbem-21417	112	1	there	there	PRON
fbem-21417	112	2	is	be	VERB
fbem-21417	112	3	a	a	DET
fbem-21417	112	4	close	close	ADJ
fbem-21417	112	5	relationship	relationship	NOUN
fbem-21417	112	6	between	between	ADP
fbem-21417	112	7	enterprise	enterprise	NOUN
fbem-21417	112	8	size	size	NOUN
fbem-21417	112	9	and	and	CCONJ
fbem-21417	112	10	financial	financial	ADJ
fbem-21417	112	11	performance	performance	NOUN
fbem-21417	112	12	,	,	PUNCT
fbem-21417	112	13	and	and	CCONJ
fbem-21417	112	14	the	the	DET
fbem-21417	112	15	impact	impact	NOUN
fbem-21417	112	16	of	of	ADP
fbem-21417	112	17	enterprise	enterprise	NOUN
fbem-21417	112	18	size	size	NOUN
fbem-21417	112	19	on	on	ADP
fbem-21417	112	20	it	it	PRON
fbem-21417	112	21	is	be	AUX
fbem-21417	112	22	diverse	diverse	ADJ
fbem-21417	112	23	.	.	PUNCT
fbem-21417	113	1	definitions	definition	NOUN
fbem-21417	113	2	and	and	CCONJ
fbem-21417	113	3	detailed	detailed	ADJ
fbem-21417	113	4	descriptions	description	NOUN
fbem-21417	113	5	of	of	ADP
fbem-21417	113	6	the	the	DET
fbem-21417	113	7	main	main	ADJ
fbem-21417	113	8	variables	variable	NOUN
fbem-21417	113	9	in	in	ADP
fbem-21417	113	10	the	the	DET
fbem-21417	113	11	text	text	NOUN
fbem-21417	113	12	are	be	AUX
fbem-21417	113	13	given	give	VERB
fbem-21417	113	14	in	in	ADP
fbem-21417	113	15	table	table	NOUN
fbem-21417	113	16	1	1	NUM
fbem-21417	113	17	.	.	PUNCT
fbem-21417	113	18	table	table	NOUN
fbem-21417	113	19	1	1	NUM
fbem-21417	113	20	.	.	X
fbem-21417	113	21	list	list	NOUN
fbem-21417	113	22	of	of	ADP
fbem-21417	113	23	variable	variable	ADJ
fbem-21417	113	24	definitions	definition	NOUN
fbem-21417	113	25	variable	variable	ADJ
fbem-21417	113	26	type	type	NOUN
fbem-21417	113	27	variable	variable	ADJ
fbem-21417	113	28	name	name	NOUN
fbem-21417	113	29	variable	variable	ADJ
fbem-21417	113	30	symbol	symbol	NOUN
fbem-21417	113	31	clarification	clarification	NOUN
fbem-21417	113	32	explanatory	explanatory	ADJ
fbem-21417	113	33	variable	variable	ADJ
fbem-21417	113	34	financial	financial	ADJ
fbem-21417	113	35	performance	performance	NOUN
fbem-21417	113	36	roa	roa	PROPN
fbem-21417	113	37	net	net	ADJ
fbem-21417	113	38	profit	profit	NOUN
fbem-21417	113	39	/	/	SYM
fbem-21417	113	40	total	total	ADJ
fbem-21417	113	41	assets	asset	NOUN
fbem-21417	113	42	explanatory	explanatory	ADJ
fbem-21417	113	43	variable	variable	ADJ
fbem-21417	113	44	esg	esg	PROPN
fbem-21417	113	45	performance	performance	NOUN
fbem-21417	113	46	esg	esg	PROPN
fbem-21417	113	47	esg	esg	PROPN
fbem-21417	113	48	score	score	NOUN
fbem-21417	113	49	based	base	VERB
fbem-21417	113	50	on	on	ADP
fbem-21417	113	51	wind	wind	NOUN
fbem-21417	113	52	esg	esg	NOUN
fbem-21417	113	53	rating	rating	NOUN
fbem-21417	113	54	system	system	NOUN
fbem-21417	113	55	control	control	NOUN
fbem-21417	113	56	variable	variable	ADJ
fbem-21417	113	57	age	age	NOUN
fbem-21417	113	58	of	of	ADP
fbem-21417	113	59	business	business	NOUN
fbem-21417	113	60	age	age	NOUN
fbem-21417	113	61	years	year	NOUN
fbem-21417	113	62	of	of	ADP
fbem-21417	113	63	business	business	NOUN
fbem-21417	113	64	establishment	establishment	NOUN
fbem-21417	113	65	shareholding	shareholding	NOUN
fbem-21417	113	66	concentration	concentration	NOUN
fbem-21417	113	67	top1	top1	PROPN
fbem-21417	113	68	shareholding	shareholding	NOUN
fbem-21417	113	69	ratio	ratio	NOUN
fbem-21417	113	70	of	of	ADP
fbem-21417	113	71	the	the	DET
fbem-21417	113	72	largest	large	ADJ
fbem-21417	113	73	shareholder	shareholder	NOUN
fbem-21417	113	74	growth	growth	NOUN
fbem-21417	113	75	capacity	capacity	NOUN
fbem-21417	113	76	growth	growth	NOUN
fbem-21417	113	77	(	(	PUNCT
fbem-21417	113	78	current	current	ADJ
fbem-21417	113	79	operating	operate	VERB
fbem-21417	113	80	income	income	NOUN
fbem-21417	113	81	prior	prior	ADJ
fbem-21417	113	82	period	period	NOUN
fbem-21417	113	83	's	's	PART
fbem-21417	113	84	operating	operating	NOUN
fbem-21417	113	85	income)/prior	income)/prior	ADJ
fbem-21417	113	86	period	period	NOUN
fbem-21417	113	87	's	's	PART
fbem-21417	113	88	operating	operate	VERB
fbem-21417	113	89	income	income	NOUN
fbem-21417	113	90	gearing	gear	VERB
fbem-21417	113	91	lev	lev	ADJ
fbem-21417	113	92	total	total	ADJ
fbem-21417	113	93	liabilities	liability	NOUN
fbem-21417	113	94	/	/	SYM
fbem-21417	113	95	total	total	ADJ
fbem-21417	113	96	assets	asset	NOUN
fbem-21417	113	97	proportion	proportion	NOUN
fbem-21417	113	98	of	of	ADP
fbem-21417	113	99	independent	independent	ADJ
fbem-21417	113	100	directors	director	NOUN
fbem-21417	113	101	indep	indep	NOUN
fbem-21417	113	102	number	number	NOUN
fbem-21417	113	103	of	of	ADP
fbem-21417	113	104	independent	independent	ADJ
fbem-21417	113	105	directors	director	NOUN
fbem-21417	113	106	/	/	SYM
fbem-21417	113	107	number	number	NOUN
fbem-21417	113	108	of	of	ADP
fbem-21417	113	109	board	board	NOUN
fbem-21417	113	110	members	member	NOUN
fbem-21417	113	111	enterprise	enterprise	NOUN
fbem-21417	113	112	size	size	NOUN
fbem-21417	113	113	size	size	NOUN
fbem-21417	113	114	ln	ln	NOUN
fbem-21417	113	115	(	(	PUNCT
fbem-21417	113	116	total	total	ADJ
fbem-21417	113	117	business	business	NOUN
fbem-21417	113	118	assets	asset	NOUN
fbem-21417	113	119	)	)	PUNCT
fbem-21417	113	120	4.3	4.3	NUM
fbem-21417	113	121	.	.	PUNCT
fbem-21417	114	1	modeling	model	VERB
fbem-21417	114	2	in	in	ADP
fbem-21417	114	3	order	order	NOUN
fbem-21417	114	4	to	to	PART
fbem-21417	114	5	test	test	VERB
fbem-21417	114	6	the	the	DET
fbem-21417	114	7	research	research	NOUN
fbem-21417	114	8	hypothesis	hypothesis	NOUN
fbem-21417	114	9	,	,	PUNCT
fbem-21417	114	10	this	this	DET
fbem-21417	114	11	paper	paper	NOUN
fbem-21417	114	12	constructs	construct	VERB
fbem-21417	114	13	a	a	DET
fbem-21417	114	14	regression	regression	NOUN
fbem-21417	114	15	model	model	NOUN
fbem-21417	114	16	as	as	ADP
fbem-21417	114	17	:	:	PUNCT
fbem-21417	114	18	𝑅𝑂𝐴	𝑅𝑂𝐴	PROPN
fbem-21417	114	19	𝛽	𝛽	NOUN
fbem-21417	114	20	𝛽	𝛽	NOUN
fbem-21417	114	21	𝐸𝑆𝐺	𝐸𝑆𝐺	NOUN
fbem-21417	114	22	𝛽	𝛽	NOUN
fbem-21417	114	23	𝑋	𝑋	NOUN
fbem-21417	114	24	𝑢	𝑢	ADP
fbem-21417	114	25	𝛿	𝛿	NOUN
fbem-21417	114	26	𝜖	𝜖	PROPN
fbem-21417	114	27	1	1	NUM
fbem-21417	114	28	where𝑅𝑂𝐴	where𝑅𝑂𝐴	PROPN
fbem-21417	114	29	denotes	denote	NOUN
fbem-21417	114	30	firm	firm	VERB
fbem-21417	114	31	i	i	PRON
fbem-21417	114	32	's	's	PART
fbem-21417	114	33	return	return	NOUN
fbem-21417	114	34	on	on	ADP
fbem-21417	114	35	total	total	ADJ
fbem-21417	114	36	assets	asset	NOUN
fbem-21417	114	37	at	at	ADP
fbem-21417	114	38	time	time	NOUN
fbem-21417	114	39	t	t	PROPN
fbem-21417	114	40	,	,	PUNCT
fbem-21417	115	1	𝐸𝑆𝐺	𝐸𝑆𝐺	NOUN
fbem-21417	115	2	denotes	denote	NOUN
fbem-21417	115	3	firm	firm	NOUN
fbem-21417	115	4	i	i	PRON
fbem-21417	115	5	's	's	PART
fbem-21417	115	6	esg	esg	NOUN
fbem-21417	115	7	performance	performance	NOUN
fbem-21417	115	8	at	at	ADP
fbem-21417	115	9	time	time	NOUN
fbem-21417	115	10	t	t	PROPN
fbem-21417	115	11	,	,	PUNCT
fbem-21417	115	12	and𝑋	and𝑋	ADJ
fbem-21417	115	13	denotes	denote	VERB
fbem-21417	115	14	the	the	DET
fbem-21417	115	15	main	main	ADJ
fbem-21417	115	16	control	control	NOUN
fbem-21417	115	17	variable	variable	NOUN
fbem-21417	115	18	.	.	PUNCT
fbem-21417	116	1	𝑢	𝑢	PROPN
fbem-21417	116	2	denotes	denote	VERB
fbem-21417	116	3	individual	individual	ADJ
fbem-21417	116	4	fixed	fix	VERB
fbem-21417	116	5	effects	effect	NOUN
fbem-21417	116	6	where	where	SCONJ
fbem-21417	116	7	firm	firm	ADJ
fbem-21417	116	8	i	i	PRON
fbem-21417	116	9	does	do	AUX
fbem-21417	116	10	not	not	PART
fbem-21417	116	11	vary	vary	VERB
fbem-21417	116	12	over	over	ADP
fbem-21417	116	13	time	time	NOUN
fbem-21417	116	14	,	,	PUNCT
fbem-21417	116	15	𝛿	𝛿	DET
fbem-21417	116	16	denotes	denote	NOUN
fbem-21417	116	17	time	time	VERB
fbem-21417	116	18	fixed	fix	VERB
fbem-21417	116	19	effects	effect	NOUN
fbem-21417	116	20	,	,	PUNCT
fbem-21417	116	21	and	and	CCONJ
fbem-21417	116	22	𝜖	𝜖	PROPN
fbem-21417	116	23	denotes	denote	VERB
fbem-21417	116	24	the	the	DET
fbem-21417	116	25	randomized	randomized	ADJ
fbem-21417	116	26	disturbance	disturbance	NOUN
fbem-21417	116	27	term	term	NOUN
fbem-21417	116	28	.	.	PUNCT
fbem-21417	117	1	5	5	X
fbem-21417	117	2	.	.	X
fbem-21417	117	3	empirical	empirical	ADJ
fbem-21417	117	4	analysis	analysis	NOUN
fbem-21417	117	5	5.1	5.1	NUM
fbem-21417	117	6	.	.	PUNCT
fbem-21417	118	1	descriptive	descriptive	ADJ
fbem-21417	118	2	statistics	statistic	NOUN
fbem-21417	118	3	the	the	DET
fbem-21417	118	4	descriptive	descriptive	ADJ
fbem-21417	118	5	statistics	statistic	NOUN
fbem-21417	118	6	of	of	ADP
fbem-21417	118	7	each	each	DET
fbem-21417	118	8	variable	variable	NOUN
fbem-21417	118	9	are	be	AUX
fbem-21417	118	10	shown	show	VERB
fbem-21417	118	11	in	in	ADP
fbem-21417	118	12	table	table	NOUN
fbem-21417	118	13	2	2	NUM
fbem-21417	118	14	,	,	PUNCT
fbem-21417	118	15	in	in	ADP
fbem-21417	118	16	which	which	PRON
fbem-21417	118	17	the	the	DET
fbem-21417	118	18	mean	mean	ADJ
fbem-21417	118	19	value	value	NOUN
fbem-21417	118	20	of	of	ADP
fbem-21417	118	21	roa	roa	NOUN
fbem-21417	118	22	of	of	ADP
fbem-21417	118	23	the	the	DET
fbem-21417	118	24	sample	sample	NOUN
fbem-21417	118	25	enterprises	enterprise	NOUN
fbem-21417	118	26	is	be	AUX
fbem-21417	118	27	0.029	0.029	NUM
fbem-21417	118	28	,	,	PUNCT
fbem-21417	118	29	which	which	PRON
fbem-21417	118	30	is	be	AUX
fbem-21417	118	31	small	small	ADJ
fbem-21417	118	32	,	,	PUNCT
fbem-21417	118	33	indicating	indicate	VERB
fbem-21417	118	34	that	that	SCONJ
fbem-21417	118	35	the	the	DET
fbem-21417	118	36	financial	financial	ADJ
fbem-21417	118	37	performance	performance	NOUN
fbem-21417	118	38	of	of	ADP
fbem-21417	118	39	mining	mining	NOUN
fbem-21417	118	40	enterprises	enterprise	NOUN
fbem-21417	118	41	in	in	ADP
fbem-21417	118	42	china	china	PROPN
fbem-21417	118	43	is	be	AUX
fbem-21417	118	44	at	at	ADP
fbem-21417	118	45	a	a	DET
fbem-21417	118	46	lower	low	ADJ
fbem-21417	118	47	level	level	NOUN
fbem-21417	118	48	.	.	PUNCT
fbem-21417	119	1	the	the	DET
fbem-21417	119	2	mean	mean	ADJ
fbem-21417	119	3	value	value	NOUN
fbem-21417	119	4	of	of	ADP
fbem-21417	119	5	esg	esg	PROPN
fbem-21417	119	6	performance	performance	NOUN
fbem-21417	119	7	of	of	ADP
fbem-21417	119	8	the	the	DET
fbem-21417	119	9	sample	sample	NOUN
fbem-21417	119	10	enterprises	enterprise	NOUN
fbem-21417	119	11	is	be	AUX
fbem-21417	119	12	5.796	5.796	NUM
fbem-21417	119	13	,	,	PUNCT
fbem-21417	119	14	with	with	ADP
fbem-21417	119	15	a	a	DET
fbem-21417	119	16	rating	rating	NOUN
fbem-21417	119	17	between	between	ADP
fbem-21417	119	18	c	c	PROPN
fbem-21417	119	19	and	and	CCONJ
fbem-21417	119	20	a.	a.	NOUN
fbem-21417	119	21	initially	initially	ADV
fbem-21417	119	22	,	,	PUNCT
fbem-21417	119	23	it	it	PRON
fbem-21417	119	24	indicates	indicate	VERB
fbem-21417	119	25	that	that	SCONJ
fbem-21417	119	26	the	the	DET
fbem-21417	119	27	willingness	willingness	NOUN
fbem-21417	119	28	of	of	ADP
fbem-21417	119	29	the	the	DET
fbem-21417	119	30	mining	mining	NOUN
fbem-21417	119	31	industry	industry	NOUN
fbem-21417	119	32	to	to	PART
fbem-21417	119	33	disclose	disclose	VERB
fbem-21417	119	34	esg	esg	NOUN
fbem-21417	119	35	information	information	NOUN
fbem-21417	119	36	on	on	ADP
fbem-21417	119	37	its	its	PRON
fbem-21417	119	38	own	own	ADJ
fbem-21417	119	39	initiative	initiative	NOUN
fbem-21417	119	40	is	be	AUX
fbem-21417	119	41	not	not	PART
fbem-21417	119	42	high	high	ADJ
fbem-21417	119	43	,	,	PUNCT
fbem-21417	119	44	and	and	CCONJ
fbem-21417	119	45	the	the	DET
fbem-21417	119	46	overall	overall	ADJ
fbem-21417	119	47	importance	importance	NOUN
fbem-21417	119	48	of	of	ADP
fbem-21417	119	49	esg	esg	PROPN
fbem-21417	119	50	is	be	AUX
fbem-21417	119	51	low	low	ADJ
fbem-21417	119	52	.	.	PUNCT
fbem-21417	120	1	130	130	NUM
fbem-21417	120	2	meanwhile	meanwhile	ADV
fbem-21417	121	1	,	,	PUNCT
fbem-21417	121	2	the	the	DET
fbem-21417	121	3	standard	standard	ADJ
fbem-21417	121	4	deviation	deviation	NOUN
fbem-21417	121	5	is	be	AUX
fbem-21417	121	6	1.029	1.029	NUM
fbem-21417	121	7	,	,	PUNCT
fbem-21417	121	8	the	the	DET
fbem-21417	121	9	minimum	minimum	ADJ
fbem-21417	121	10	value	value	NOUN
fbem-21417	121	11	is	be	AUX
fbem-21417	121	12	0	0	NUM
fbem-21417	121	13	,	,	PUNCT
fbem-21417	121	14	and	and	CCONJ
fbem-21417	121	15	the	the	DET
fbem-21417	121	16	maximum	maximum	ADJ
fbem-21417	121	17	value	value	NOUN
fbem-21417	121	18	is	be	AUX
fbem-21417	121	19	9.250	9.250	NUM
fbem-21417	121	20	,	,	PUNCT
fbem-21417	121	21	which	which	PRON
fbem-21417	121	22	indicates	indicate	VERB
fbem-21417	121	23	that	that	SCONJ
fbem-21417	121	24	different	different	ADJ
fbem-21417	121	25	mining	mining	NOUN
fbem-21417	121	26	enterprises	enterprise	NOUN
fbem-21417	121	27	attach	attach	VERB
fbem-21417	121	28	different	different	ADJ
fbem-21417	121	29	importance	importance	NOUN
fbem-21417	121	30	to	to	PART
fbem-21417	121	31	and	and	CCONJ
fbem-21417	121	32	invest	invest	VERB
fbem-21417	121	33	in	in	ADP
fbem-21417	121	34	esg	esg	PROPN
fbem-21417	121	35	,	,	PUNCT
fbem-21417	121	36	so	so	SCONJ
fbem-21417	121	37	the	the	DET
fbem-21417	121	38	esg	esg	NOUN
fbem-21417	121	39	performance	performance	NOUN
fbem-21417	121	40	of	of	ADP
fbem-21417	121	41	the	the	DET
fbem-21417	121	42	enterprises	enterprise	NOUN
fbem-21417	121	43	in	in	ADP
fbem-21417	121	44	the	the	DET
fbem-21417	121	45	sample	sample	NOUN
fbem-21417	121	46	is	be	AUX
fbem-21417	121	47	not	not	PART
fbem-21417	121	48	the	the	DET
fbem-21417	121	49	same	same	ADJ
fbem-21417	121	50	,	,	PUNCT
fbem-21417	121	51	according	accord	VERB
fbem-21417	121	52	to	to	ADP
fbem-21417	121	53	the	the	DET
fbem-21417	121	54	analysis	analysis	NOUN
fbem-21417	121	55	of	of	ADP
fbem-21417	121	56	esg	esg	PROPN
fbem-21417	121	57	score	score	NOUN
fbem-21417	121	58	data	datum	NOUN
fbem-21417	121	59	in	in	ADP
fbem-21417	121	60	wind	wind	NOUN
fbem-21417	121	61	database	database	NOUN
fbem-21417	121	62	,	,	PUNCT
fbem-21417	121	63	the	the	DET
fbem-21417	121	64	disclosure	disclosure	NOUN
fbem-21417	121	65	of	of	ADP
fbem-21417	121	66	environmental	environmental	ADJ
fbem-21417	121	67	,	,	PUNCT
fbem-21417	121	68	social	social	ADJ
fbem-21417	121	69	and	and	CCONJ
fbem-21417	121	70	corporate	corporate	ADJ
fbem-21417	121	71	governance	governance	NOUN
fbem-21417	121	72	information	information	NOUN
fbem-21417	121	73	of	of	ADP
fbem-21417	121	74	the	the	DET
fbem-21417	121	75	enterprises	enterprise	NOUN
fbem-21417	121	76	in	in	ADP
fbem-21417	121	77	china	china	PROPN
fbem-21417	121	78	's	's	PART
fbem-21417	121	79	mining	mining	NOUN
fbem-21417	121	80	industry	industry	NOUN
fbem-21417	121	81	as	as	ADP
fbem-21417	121	82	a	a	DET
fbem-21417	121	83	whole	whole	NOUN
fbem-21417	121	84	is	be	AUX
fbem-21417	121	85	yet	yet	ADV
fbem-21417	121	86	to	to	PART
fbem-21417	121	87	be	be	AUX
fbem-21417	121	88	perfected	perfect	VERB
fbem-21417	121	89	.	.	PUNCT
fbem-21417	122	1	for	for	ADP
fbem-21417	122	2	the	the	DET
fbem-21417	122	3	main	main	ADJ
fbem-21417	122	4	control	control	NOUN
fbem-21417	122	5	variables	variable	NOUN
fbem-21417	122	6	,	,	PUNCT
fbem-21417	122	7	except	except	SCONJ
fbem-21417	122	8	for	for	ADP
fbem-21417	122	9	size	size	NOUN
fbem-21417	122	10	,	,	PUNCT
fbem-21417	122	11	the	the	DET
fbem-21417	122	12	maximum	maximum	ADJ
fbem-21417	122	13	and	and	CCONJ
fbem-21417	122	14	minimum	minimum	ADJ
fbem-21417	122	15	values	value	NOUN
fbem-21417	122	16	of	of	ADP
fbem-21417	122	17	the	the	DET
fbem-21417	122	18	other	other	ADJ
fbem-21417	122	19	variables	variable	NOUN
fbem-21417	122	20	differ	differ	VERB
fbem-21417	122	21	greatly	greatly	ADV
fbem-21417	122	22	,	,	PUNCT
fbem-21417	122	23	indicating	indicate	VERB
fbem-21417	122	24	that	that	SCONJ
fbem-21417	122	25	the	the	DET
fbem-21417	122	26	development	development	NOUN
fbem-21417	122	27	of	of	ADP
fbem-21417	122	28	mining	mining	NOUN
fbem-21417	122	29	enterprises	enterprise	NOUN
fbem-21417	122	30	in	in	ADP
fbem-21417	122	31	these	these	DET
fbem-21417	122	32	five	five	NUM
fbem-21417	122	33	aspects	aspect	NOUN
fbem-21417	122	34	is	be	AUX
fbem-21417	122	35	not	not	PART
fbem-21417	122	36	balanced	balanced	ADJ
fbem-21417	122	37	.	.	PUNCT
fbem-21417	123	1	table	table	NOUN
fbem-21417	123	2	2	2	NUM
fbem-21417	123	3	.	.	PUNCT
fbem-21417	123	4	descriptive	descriptive	ADJ
fbem-21417	123	5	statistics	statistic	NOUN
fbem-21417	123	6	variable	variable	ADJ
fbem-21417	123	7	name	name	NOUN
fbem-21417	123	8	obs	obs	PROPN
fbem-21417	123	9	mean	mean	VERB
fbem-21417	123	10	std	std	PROPN
fbem-21417	123	11	dev	dev	PROPN
fbem-21417	123	12	.	.	PUNCT
fbem-21417	124	1	min	min	PROPN
fbem-21417	124	2	max	max	PROPN
fbem-21417	124	3	roa	roa	PROPN
fbem-21417	124	4	368	368	NUM
fbem-21417	124	5	0.029	0.029	NUM
fbem-21417	124	6	0.138	0.138	NUM
fbem-21417	124	7	-1.860	-1.860	NOUN
fbem-21417	124	8	0.640	0.640	NUM
fbem-21417	124	9	esg	esg	NOUN
fbem-21417	124	10	368	368	NUM
fbem-21417	124	11	5.796	5.796	NUM
fbem-21417	124	12	1.029	1.029	NUM
fbem-21417	124	13	0.000	0.000	NUM
fbem-21417	124	14	9.250	9.250	NUM
fbem-21417	124	15	lev	lev	NOUN
fbem-21417	124	16	368	368	NUM
fbem-21417	124	17	0.487	0.487	NUM
fbem-21417	124	18	0.185	0.185	NUM
fbem-21417	124	19	0.070	0.070	NUM
fbem-21417	124	20	0.980	0.980	NUM
fbem-21417	124	21	age	age	NOUN
fbem-21417	124	22	368	368	NUM
fbem-21417	124	23	20.826	20.826	NUM
fbem-21417	124	24	4.809	4.809	NUM
fbem-21417	124	25	9.000	9.000	NUM
fbem-21417	124	26	34.000	34.000	NUM
fbem-21417	124	27	top1	top1	NOUN
fbem-21417	124	28	368	368	NUM
fbem-21417	124	29	41.737	41.737	NUM
fbem-21417	124	30	18.010	18.010	NUM
fbem-21417	124	31	6.390	6.390	NUM
fbem-21417	124	32	80.870	80.870	NUM
fbem-21417	124	33	growth	growth	NOUN
fbem-21417	124	34	368	368	NUM
fbem-21417	124	35	0.242	0.242	NUM
fbem-21417	124	36	0.694	0.694	NUM
fbem-21417	124	37	-1.070	-1.070	NUM
fbem-21417	124	38	7.400	7.400	NUM
fbem-21417	124	39	indep	indep	NOUN
fbem-21417	124	40	368	368	NUM
fbem-21417	124	41	38.008	38.008	NUM
fbem-21417	124	42	5.425	5.425	NUM
fbem-21417	124	43	28.57	28.57	NUM
fbem-21417	124	44	66.670	66.670	NUM
fbem-21417	124	45	size	size	NOUN
fbem-21417	124	46	368	368	NUM
fbem-21417	124	47	23.547	23.547	NUM
fbem-21417	124	48	1.719	1.719	NUM
fbem-21417	124	49	19.29	19.29	NUM
fbem-21417	124	50	28.640	28.640	NUM
fbem-21417	124	51	5.2	5.2	NUM
fbem-21417	124	52	.	.	PUNCT
fbem-21417	125	1	correlation	correlation	NOUN
fbem-21417	125	2	test	test	NOUN
fbem-21417	125	3	the	the	DET
fbem-21417	125	4	pearson	pearson	PROPN
fbem-21417	125	5	's	's	PART
fbem-21417	125	6	correlation	correlation	NOUN
fbem-21417	125	7	variables	variable	NOUN
fbem-21417	125	8	in	in	ADP
fbem-21417	125	9	the	the	DET
fbem-21417	125	10	paper	paper	NOUN
fbem-21417	125	11	,	,	PUNCT
fbem-21417	125	12	and	and	CCONJ
fbem-21417	125	13	the	the	DET
fbem-21417	125	14	results	result	NOUN
fbem-21417	125	15	are	be	AUX
fbem-21417	125	16	shown	show	VERB
fbem-21417	125	17	in	in	ADP
fbem-21417	125	18	table	table	NOUN
fbem-21417	125	19	correlation	correlation	NOUN
fbem-21417	125	20	coefficients	coefficient	NOUN
fbem-21417	125	21	between	between	ADP
fbem-21417	125	22	esg	esg	NOUN
fbem-21417	125	23	performance	performance	NOUN
fbem-21417	125	24	and	and	CCONJ
fbem-21417	125	25	financial	financial	ADJ
fbem-21417	125	26	performance	performance	NOUN
fbem-21417	125	27	are	be	AUX
fbem-21417	125	28	positive	positive	ADJ
fbem-21417	125	29	and	and	CCONJ
fbem-21417	125	30	significant	significant	ADJ
fbem-21417	125	31	at	at	ADP
fbem-21417	125	32	the	the	DET
fbem-21417	125	33	5	5	NUM
fbem-21417	125	34	%	%	NOUN
fbem-21417	125	35	level	level	NOUN
fbem-21417	125	36	,	,	PUNCT
fbem-21417	125	37	which	which	PRON
fbem-21417	125	38	means	mean	VERB
fbem-21417	125	39	that	that	SCONJ
fbem-21417	125	40	esg	esg	NOUN
fbem-21417	125	41	performance	performance	NOUN
fbem-21417	125	42	can	can	AUX
fbem-21417	125	43	improve	improve	VERB
fbem-21417	125	44	the	the	DET
fbem-21417	125	45	financial	financial	ADJ
fbem-21417	125	46	performance	performance	NOUN
fbem-21417	125	47	of	of	ADP
fbem-21417	125	48	mining	mining	NOUN
fbem-21417	125	49	companies	company	NOUN
fbem-21417	125	50	,	,	PUNCT
fbem-21417	125	51	and	and	CCONJ
fbem-21417	125	52	the	the	DET
fbem-21417	125	53	hypothesis	hypothesis	NOUN
fbem-21417	125	54	is	be	AUX
fbem-21417	125	55	initially	initially	ADV
fbem-21417	125	56	confirmed	confirm	VERB
fbem-21417	125	57	.	.	PUNCT
fbem-21417	126	1	from	from	ADP
fbem-21417	126	2	the	the	DET
fbem-21417	126	3	pearson	pearson	PROPN
fbem-21417	126	4	correlation	correlation	NOUN
fbem-21417	126	5	coefficient	coefficient	NOUN
fbem-21417	126	6	test	test	NOUN
fbem-21417	126	7	results	result	NOUN
fbem-21417	126	8	of	of	ADP
fbem-21417	126	9	the	the	DET
fbem-21417	126	10	whole	whole	ADJ
fbem-21417	126	11	table	table	NOUN
fbem-21417	126	12	,	,	PUNCT
fbem-21417	126	13	the	the	DET
fbem-21417	126	14	coefficient	coefficient	NOUN
fbem-21417	126	15	between	between	ADP
fbem-21417	126	16	the	the	DET
fbem-21417	126	17	variables	variable	NOUN
fbem-21417	126	18	is	be	AUX
fbem-21417	126	19	not	not	PART
fbem-21417	126	20	high	high	ADJ
fbem-21417	126	21	,	,	PUNCT
fbem-21417	126	22	indicating	indicate	VERB
fbem-21417	126	23	that	that	SCONJ
fbem-21417	126	24	the	the	DET
fbem-21417	126	25	model	model	NOUN
fbem-21417	126	26	is	be	AUX
fbem-21417	126	27	set	set	VERB
fbem-21417	126	28	up	up	ADP
fbem-21417	126	29	reasonably	reasonably	ADV
fbem-21417	126	30	,	,	PUNCT
fbem-21417	126	31	so	so	CCONJ
fbem-21417	126	32	it	it	PRON
fbem-21417	126	33	is	be	AUX
fbem-21417	126	34	considered	consider	VERB
fbem-21417	126	35	that	that	SCONJ
fbem-21417	126	36	there	there	PRON
fbem-21417	126	37	is	be	VERB
fbem-21417	126	38	no	no	DET
fbem-21417	126	39	serious	serious	ADJ
fbem-21417	126	40	problem	problem	NOUN
fbem-21417	126	41	of	of	ADP
fbem-21417	126	42	multicollinearity	multicollinearity	NOUN
fbem-21417	126	43	between	between	ADP
fbem-21417	126	44	the	the	DET
fbem-21417	126	45	relevant	relevant	ADJ
fbem-21417	126	46	variables	variable	NOUN
fbem-21417	126	47	,	,	PUNCT
fbem-21417	126	48	and	and	CCONJ
fbem-21417	126	49	we	we	PRON
fbem-21417	126	50	can	can	AUX
fbem-21417	126	51	continue	continue	VERB
fbem-21417	126	52	to	to	PART
fbem-21417	126	53	carry	carry	VERB
fbem-21417	126	54	out	out	ADP
fbem-21417	126	55	the	the	DET
fbem-21417	126	56	next	next	ADJ
fbem-21417	126	57	step	step	NOUN
fbem-21417	126	58	of	of	ADP
fbem-21417	126	59	regression	regression	NOUN
fbem-21417	126	60	analysis	analysis	NOUN
fbem-21417	126	61	.	.	PUNCT
fbem-21417	127	1	table	table	NOUN
fbem-21417	127	2	3	3	NUM
fbem-21417	127	3	.	.	PUNCT
fbem-21417	127	4	correlation	correlation	NOUN
fbem-21417	127	5	analysis	analysis	NOUN
fbem-21417	127	6	variable	variable	ADJ
fbem-21417	127	7	name	name	NOUN
fbem-21417	127	8	roa	roa	PROPN
fbem-21417	127	9	esg	esg	PROPN
fbem-21417	127	10	lev	lev	PROPN
fbem-21417	127	11	top1	top1	PROPN
fbem-21417	127	12	growth	growth	PROPN
fbem-21417	127	13	indep	indep	NOUN
fbem-21417	127	14	size	size	NOUN
fbem-21417	127	15	age	age	NOUN
fbem-21417	127	16	roa	roa	PROPN
fbem-21417	127	17	1.000	1.000	NUM
fbem-21417	127	18	esg	esg	NOUN
fbem-21417	127	19	0.124	0.124	NUM
fbem-21417	127	20	*	*	SYM
fbem-21417	127	21	*	*	PROPN
fbem-21417	127	22	1.000	1.000	NUM
fbem-21417	127	23	lev	lev	NOUN
fbem-21417	127	24	-0.279	-0.279	PROPN
fbem-21417	127	25	*	*	PUNCT
fbem-21417	127	26	*	*	PUNCT
fbem-21417	127	27	*	*	PUNCT
fbem-21417	127	28	-0.050	-0.050	PROPN
fbem-21417	127	29	1.000	1.000	NUM
fbem-21417	127	30	top1	top1	PROPN
fbem-21417	127	31	0.203	0.203	NUM
fbem-21417	127	32	*	*	PUNCT
fbem-21417	127	33	*	*	PUNCT
fbem-21417	127	34	*	*	PUNCT
fbem-21417	127	35	0.289	0.289	NUM
fbem-21417	127	36	*	*	PUNCT
fbem-21417	127	37	*	*	PUNCT
fbem-21417	127	38	*	*	PUNCT
fbem-21417	127	39	-0.064	-0.064	PUNCT
fbem-21417	127	40	1.000	1.000	NUM
fbem-21417	127	41	growth	growth	NOUN
fbem-21417	127	42	0.028	0.028	NUM
fbem-21417	127	43	-0.015	-0.015	PUNCT
fbem-21417	127	44	0.021	0.021	NUM
fbem-21417	127	45	-0.141	-0.141	NOUN
fbem-21417	127	46	*	*	PUNCT
fbem-21417	127	47	*	*	PUNCT
fbem-21417	127	48	*	*	SYM
fbem-21417	127	49	1.000	1.000	NUM
fbem-21417	127	50	indep	indep	NOUN
fbem-21417	127	51	0.065	0.065	NUM
fbem-21417	127	52	0.206	0.206	NUM
fbem-21417	127	53	*	*	PUNCT
fbem-21417	127	54	*	*	PUNCT
fbem-21417	127	55	*	*	PUNCT
fbem-21417	127	56	-0.173	-0.173	PROPN
fbem-21417	127	57	*	*	PROPN
fbem-21417	127	58	*	*	PUNCT
fbem-21417	127	59	*	*	PUNCT
fbem-21417	127	60	-0.010	-0.010	PUNCT
fbem-21417	127	61	0.189	0.189	NUM
fbem-21417	127	62	*	*	PUNCT
fbem-21417	127	63	*	*	PUNCT
fbem-21417	127	64	*	*	PUNCT
fbem-21417	127	65	1.000	1.000	NUM
fbem-21417	127	66	size	size	NOUN
fbem-21417	127	67	0.244	0.244	NUM
fbem-21417	127	68	*	*	PUNCT
fbem-21417	127	69	*	*	PUNCT
fbem-21417	127	70	*	*	PUNCT
fbem-21417	127	71	0.484	0.484	NUM
fbem-21417	127	72	*	*	PUNCT
fbem-21417	127	73	*	*	PUNCT
fbem-21417	127	74	*	*	PUNCT
fbem-21417	127	75	0.136	0.136	NUM
fbem-21417	127	76	*	*	PUNCT
fbem-21417	127	77	*	*	PUNCT
fbem-21417	127	78	*	*	PUNCT
fbem-21417	127	79	0.497	0.497	NUM
fbem-21417	127	80	*	*	PUNCT
fbem-21417	127	81	*	*	PUNCT
fbem-21417	127	82	*	*	PUNCT
fbem-21417	127	83	-0.164	-0.164	NOUN
fbem-21417	127	84	*	*	PUNCT
fbem-21417	127	85	*	*	PUNCT
fbem-21417	127	86	*	*	X
fbem-21417	127	87	0.044	0.044	NUM
fbem-21417	127	88	1.000	1.000	NUM
fbem-21417	127	89	age	age	NOUN
fbem-21417	127	90	0.119	0.119	NUM
fbem-21417	127	91	*	*	PUNCT
fbem-21417	127	92	*	*	PUNCT
fbem-21417	127	93	-0.275	-0.275	PUNCT
fbem-21417	127	94	*	*	PUNCT
fbem-21417	127	95	*	*	PUNCT
fbem-21417	127	96	*	*	PROPN
fbem-21417	127	97	0.008	0.008	NUM
fbem-21417	127	98	-0.169	-0.169	NOUN
fbem-21417	127	99	*	*	PUNCT
fbem-21417	127	100	*	*	PUNCT
fbem-21417	128	1	*	*	X
fbem-21417	128	2	0.022	0.022	NUM
fbem-21417	128	3	-0.076	-0.076	NUM
fbem-21417	128	4	-0.047	-0.047	NUM
fbem-21417	128	5	1.000	1.000	NUM
fbem-21417	128	6	note	note	NOUN
fbem-21417	128	7	:	:	PUNCT
fbem-21417	128	8	*	*	PUNCT
fbem-21417	128	9	*	*	PUNCT
fbem-21417	128	10	*	*	PUNCT
fbem-21417	128	11	,	,	PUNCT
fbem-21417	128	12	*	*	PUNCT
fbem-21417	128	13	*	*	PUNCT
fbem-21417	128	14	,	,	PUNCT
fbem-21417	128	15	*	*	PUNCT
fbem-21417	128	16	indicate	indicate	VERB
fbem-21417	128	17	significant	significant	ADJ
fbem-21417	128	18	at	at	ADP
fbem-21417	128	19	the	the	DET
fbem-21417	128	20	1	1	NUM
fbem-21417	128	21	%	%	NOUN
fbem-21417	128	22	,	,	PUNCT
fbem-21417	128	23	5	5	NUM
fbem-21417	128	24	%	%	NOUN
fbem-21417	128	25	,	,	PUNCT
fbem-21417	128	26	and	and	CCONJ
fbem-21417	128	27	10	10	NUM
fbem-21417	128	28	%	%	NOUN
fbem-21417	128	29	levels	level	NOUN
fbem-21417	128	30	,	,	PUNCT
fbem-21417	128	31	respectively	respectively	ADV
fbem-21417	128	32	,	,	PUNCT
fbem-21417	128	33	and	and	CCONJ
fbem-21417	128	34	the	the	DET
fbem-21417	128	35	same	same	ADJ
fbem-21417	128	36	below	below	ADV
fbem-21417	128	37	.	.	PUNCT
fbem-21417	129	1	5.3	5.3	NUM
fbem-21417	129	2	.	.	PUNCT
fbem-21417	130	1	analysis	analysis	NOUN
fbem-21417	130	2	of	of	ADP
fbem-21417	130	3	regression	regression	NOUN
fbem-21417	130	4	results	result	VERB
fbem-21417	130	5	the	the	DET
fbem-21417	130	6	regression	regression	NOUN
fbem-21417	130	7	analysis	analysis	NOUN
fbem-21417	130	8	of	of	ADP
fbem-21417	130	9	model	model	NOUN
fbem-21417	130	10	(	(	PUNCT
fbem-21417	130	11	1	1	X
fbem-21417	130	12	)	)	PUNCT
fbem-21417	130	13	is	be	AUX
fbem-21417	130	14	shown	show	VERB
fbem-21417	130	15	in	in	ADP
fbem-21417	130	16	table	table	NOUN
fbem-21417	130	17	4	4	NUM
fbem-21417	130	18	,	,	PUNCT
fbem-21417	130	19	from	from	ADP
fbem-21417	130	20	which	which	PRON
fbem-21417	130	21	it	it	PRON
fbem-21417	130	22	can	can	AUX
fbem-21417	130	23	be	be	AUX
fbem-21417	130	24	seen	see	VERB
fbem-21417	130	25	that	that	SCONJ
fbem-21417	130	26	the	the	DET
fbem-21417	130	27	cofficient	cofficient	NOUN
fbem-21417	130	28	of	of	ADP
fbem-21417	130	29	the	the	DET
fbem-21417	130	30	explanatory	explanatory	ADJ
fbem-21417	130	31	variable	variable	PROPN
fbem-21417	130	32	esg	esg	PROPN
fbem-21417	130	33	is	be	AUX
fbem-21417	130	34	0.028	0.028	NUM
fbem-21417	130	35	,	,	PUNCT
fbem-21417	130	36	which	which	PRON
fbem-21417	130	37	is	be	AUX
fbem-21417	130	38	significant	significant	ADJ
fbem-21417	130	39	at	at	ADP
fbem-21417	130	40	5	5	NUM
fbem-21417	130	41	%	%	NOUN
fbem-21417	130	42	level	level	NOUN
fbem-21417	130	43	,	,	PUNCT
fbem-21417	130	44	i.e.	i.e.	X
fbem-21417	130	45	,	,	PUNCT
fbem-21417	130	46	the	the	DET
fbem-21417	130	47	esg	esg	NOUN
fbem-21417	130	48	performance	performance	NOUN
fbem-21417	130	49	of	of	ADP
fbem-21417	130	50	mining	mining	NOUN
fbem-21417	130	51	enterprises	enterprise	NOUN
fbem-21417	130	52	is	be	AUX
fbem-21417	130	53	positively	positively	ADV
fbem-21417	130	54	correlated	correlate	VERB
fbem-21417	130	55	with	with	ADP
fbem-21417	130	56	their	their	PRON
fbem-21417	130	57	financial	financial	ADJ
fbem-21417	130	58	performance	performance	NOUN
fbem-21417	130	59	,	,	PUNCT
fbem-21417	130	60	which	which	PRON
fbem-21417	130	61	supports	support	VERB
fbem-21417	130	62	the	the	DET
fbem-21417	130	63	hypothesis	hypothesis	NOUN
fbem-21417	130	64	1	1	NUM
fbem-21417	130	65	:	:	PUNCT
fbem-21417	130	66	the	the	DET
fbem-21417	130	67	importance	importance	NOUN
fbem-21417	130	68	of	of	ADP
fbem-21417	130	69	esg	esg	PROPN
fbem-21417	130	70	in	in	ADP
fbem-21417	130	71	mining	mining	NOUN
fbem-21417	130	72	enterprises	enterprise	NOUN
fbem-21417	130	73	is	be	AUX
fbem-21417	130	74	conducive	conducive	ADJ
fbem-21417	130	75	to	to	ADP
fbem-21417	130	76	the	the	DET
fbem-21417	130	77	achievement	achievement	NOUN
fbem-21417	130	78	of	of	ADP
fbem-21417	130	79	better	well	ADJ
fbem-21417	130	80	financial	financial	ADJ
fbem-21417	130	81	performance	performance	NOUN
fbem-21417	130	82	of	of	ADP
fbem-21417	130	83	the	the	DET
fbem-21417	130	84	enterprises	enterprise	NOUN
fbem-21417	130	85	.	.	PUNCT
fbem-21417	131	1	as	as	ADP
fbem-21417	131	2	for	for	ADP
fbem-21417	131	3	the	the	DET
fbem-21417	131	4	control	control	NOUN
fbem-21417	131	5	variables	variable	NOUN
fbem-21417	131	6	,	,	PUNCT
fbem-21417	131	7	the	the	DET
fbem-21417	131	8	coefficient	coefficient	NOUN
fbem-21417	131	9	of	of	ADP
fbem-21417	131	10	growth	growth	NOUN
fbem-21417	131	11	is	be	AUX
fbem-21417	131	12	0.036	0.036	NUM
fbem-21417	131	13	,	,	PUNCT
fbem-21417	131	14	which	which	PRON
fbem-21417	131	15	is	be	AUX
fbem-21417	131	16	significant	significant	ADJ
fbem-21417	131	17	at	at	ADP
fbem-21417	131	18	the	the	DET
fbem-21417	131	19	1	1	NUM
fbem-21417	131	20	%	%	NOUN
fbem-21417	131	21	level	level	NOUN
fbem-21417	131	22	,	,	PUNCT
fbem-21417	131	23	indicating	indicate	VERB
fbem-21417	131	24	that	that	SCONJ
fbem-21417	131	25	under	under	ADP
fbem-21417	131	26	other	other	ADJ
fbem-21417	131	27	conditions	condition	NOUN
fbem-21417	131	28	,	,	PUNCT
fbem-21417	131	29	the	the	DET
fbem-21417	131	30	esg	esg	NOUN
fbem-21417	131	31	performance	performance	NOUN
fbem-21417	131	32	of	of	ADP
fbem-21417	131	33	mining	mining	NOUN
fbem-21417	131	34	enterprises	enterprise	NOUN
fbem-21417	131	35	is	be	AUX
fbem-21417	131	36	positively	positively	ADV
fbem-21417	131	37	correlated	correlate	VERB
fbem-21417	131	38	with	with	ADP
fbem-21417	131	39	their	their	PRON
fbem-21417	131	40	financial	financial	ADJ
fbem-21417	131	41	performance	performance	NOUN
fbem-21417	131	42	,	,	PUNCT
fbem-21417	131	43	which	which	PRON
fbem-21417	131	44	supports	support	VERB
fbem-21417	131	45	the	the	DET
fbem-21417	131	46	hypothesis	hypothesis	NOUN
fbem-21417	131	47	1	1	NUM
fbem-21417	131	48	:	:	PUNCT
fbem-21417	131	49	the	the	DET
fbem-21417	131	50	importance	importance	NOUN
fbem-21417	131	51	of	of	ADP
fbem-21417	131	52	esg	esg	PROPN
fbem-21417	131	53	in	in	ADP
fbem-21417	131	54	mining	mining	NOUN
fbem-21417	131	55	enterprises	enterprise	NOUN
fbem-21417	131	56	is	be	AUX
fbem-21417	131	57	conducive	conducive	ADJ
fbem-21417	131	58	to	to	ADP
fbem-21417	131	59	the	the	DET
fbem-21417	131	60	achievement	achievement	NOUN
fbem-21417	131	61	of	of	ADP
fbem-21417	131	62	better	well	ADJ
fbem-21417	131	63	financial	financial	ADJ
fbem-21417	131	64	performance	performance	NOUN
fbem-21417	131	65	of	of	ADP
fbem-21417	131	66	the	the	DET
fbem-21417	131	67	enterprises	enterprise	NOUN
fbem-21417	131	68	.	.	PUNCT
fbem-21417	132	1	as	as	ADP
fbem-21417	132	2	for	for	ADP
fbem-21417	132	3	the	the	DET
fbem-21417	132	4	control	control	NOUN
fbem-21417	132	5	variables	variable	NOUN
fbem-21417	132	6	,	,	PUNCT
fbem-21417	132	7	the	the	DET
fbem-21417	132	8	coefficient	coefficient	NOUN
fbem-21417	132	9	of	of	ADP
fbem-21417	132	10	growth	growth	NOUN
fbem-21417	132	11	is	be	AUX
fbem-21417	132	12	0.036	0.036	NUM
fbem-21417	132	13	,	,	PUNCT
fbem-21417	132	14	which	which	PRON
fbem-21417	132	15	is	be	AUX
fbem-21417	132	16	significant	significant	ADJ
fbem-21417	132	17	at	at	ADP
fbem-21417	132	18	the	the	DET
fbem-21417	132	19	1	1	NUM
fbem-21417	132	20	%	%	NOUN
fbem-21417	132	21	level	level	NOUN
fbem-21417	132	22	,	,	PUNCT
fbem-21417	132	23	indicating	indicate	VERB
fbem-21417	132	24	that	that	SCONJ
fbem-21417	132	25	under	under	ADP
fbem-21417	132	26	other	other	ADJ
fbem-21417	132	27	conditions	condition	NOUN
fbem-21417	132	28	,	,	PUNCT
fbem-21417	132	29	the	the	DET
fbem-21417	132	30	esg	esg	NOUN
fbem-21417	132	31	performance	performance	NOUN
fbem-21417	132	32	of	of	ADP
fbem-21417	132	33	mining	mining	NOUN
fbem-21417	132	34	companies	company	NOUN
fbem-21417	132	35	is	be	AUX
fbem-21417	132	36	positively	positively	ADV
fbem-21417	132	37	related	relate	VERB
fbem-21417	132	38	to	to	ADP
fbem-21417	132	39	their	their	PRON
fbem-21417	132	40	financial	financial	ADJ
fbem-21417	132	41	performance	performance	NOUN
fbem-21417	132	42	.	.	PUNCT
fbem-21417	133	1	the	the	PRON
fbem-21417	133	2	higher	high	ADJ
fbem-21417	133	3	the	the	DET
fbem-21417	133	4	growth	growth	NOUN
fbem-21417	133	5	performance	performance	NOUN
fbem-21417	133	6	of	of	ADP
fbem-21417	133	7	mining	mining	NOUN
fbem-21417	133	8	firms	firm	NOUN
fbem-21417	133	9	,	,	PUNCT
fbem-21417	133	10	the	the	PRON
fbem-21417	133	11	better	well	ADJ
fbem-21417	133	12	their	their	PRON
fbem-21417	133	13	financial	financial	ADJ
fbem-21417	133	14	performance	performance	NOUN
fbem-21417	133	15	,	,	PUNCT
fbem-21417	133	16	holding	hold	VERB
fbem-21417	133	17	constant	constant	ADJ
fbem-21417	133	18	the	the	DET
fbem-21417	133	19	lev	lev	ADJ
fbem-21417	133	20	coefficient	coefficient	NOUN
fbem-21417	133	21	of	of	ADP
fbem-21417	133	22	-0.521	-0.521	PROPN
fbem-21417	133	23	,	,	PUNCT
fbem-21417	133	24	at	at	ADP
fbem-21417	133	25	significant	significant	ADJ
fbem-21417	133	26	at	at	ADP
fbem-21417	133	27	the	the	DET
fbem-21417	133	28	1	1	NUM
fbem-21417	133	29	%	%	NOUN
fbem-21417	133	30	level	level	NOUN
fbem-21417	133	31	.	.	PUNCT
fbem-21417	134	1	this	this	PRON
fbem-21417	134	2	suggests	suggest	VERB
fbem-21417	134	3	that	that	SCONJ
fbem-21417	134	4	in	in	ADP
fbem-21417	134	5	recent	recent	ADJ
fbem-21417	134	6	years	year	NOUN
fbem-21417	134	7	the	the	DET
fbem-21417	134	8	cost	cost	NOUN
fbem-21417	134	9	of	of	ADP
fbem-21417	134	10	liabilities	liability	NOUN
fbem-21417	134	11	of	of	ADP
fbem-21417	134	12	mining	mining	NOUN
fbem-21417	134	13	companies	company	NOUN
fbem-21417	134	14	has	have	AUX
fbem-21417	134	15	been	be	AUX
fbem-21417	134	16	rising	rise	VERB
fbem-21417	134	17	and	and	CCONJ
fbem-21417	134	18	the	the	DET
fbem-21417	134	19	quality	quality	NOUN
fbem-21417	134	20	of	of	ADP
fbem-21417	134	21	their	their	PRON
fbem-21417	134	22	assets	asset	NOUN
fbem-21417	134	23	has	have	AUX
fbem-21417	134	24	declined	decline	VERB
fbem-21417	134	25	.	.	PUNCT
fbem-21417	135	1	against	against	ADP
fbem-21417	135	2	the	the	DET
fbem-21417	135	3	backdrop	backdrop	NOUN
fbem-21417	135	4	of	of	ADP
fbem-21417	135	5	the	the	DET
fbem-21417	135	6	decline	decline	NOUN
fbem-21417	135	7	,	,	PUNCT
fbem-21417	135	8	maintaining	maintain	VERB
fbem-21417	135	9	a	a	DET
fbem-21417	135	10	high	high	ADJ
fbem-21417	135	11	gearing	gearing	NOUN
fbem-21417	135	12	ratio	ratio	NOUN
fbem-21417	135	13	reducesthe	reducesthe	NOUN
fbem-21417	135	14	profitability	profitability	NOUN
fbem-21417	135	15	of	of	ADP
fbem-21417	135	16	enterprises	enterprise	NOUN
fbem-21417	135	17	.	.	PUNCT
fbem-21417	136	1	table	table	NOUN
fbem-21417	136	2	4	4	NUM
fbem-21417	136	3	.	.	PUNCT
fbem-21417	137	1	esg	esg	PROPN
fbem-21417	137	2	and	and	CCONJ
fbem-21417	137	3	roa	roa	PROPN
fbem-21417	137	4	regression	regression	NOUN
fbem-21417	137	5	analysis	analysis	NOUN
fbem-21417	137	6	results	result	VERB
fbem-21417	137	7	variable	variable	ADJ
fbem-21417	137	8	name	name	NOUN
fbem-21417	137	9	roa	roa	PROPN
fbem-21417	137	10	t	t	PROPN
fbem-21417	137	11	-	-	PUNCT
fbem-21417	137	12	stat	stat	NOUN
fbem-21417	137	13	p	p	NOUN
fbem-21417	137	14	-	-	PUNCT
fbem-21417	137	15	value	value	NOUN
fbem-21417	137	16	esg	esg	PROPN
fbem-21417	137	17	0.028	0.028	NUM
fbem-21417	137	18	*	*	PROPN
fbem-21417	137	19	*	*	PROPN
fbem-21417	137	20	2.03	2.03	NUM
fbem-21417	137	21	0.044	0.044	NUM
fbem-21417	137	22	lev	lev	NOUN
fbem-21417	137	23	-0.521	-0.521	NOUN
fbem-21417	137	24	*	*	PUNCT
fbem-21417	137	25	*	*	PUNCT
fbem-21417	137	26	*	*	PUNCT
fbem-21417	137	27	-4.82	-4.82	NOUN
fbem-21417	137	28	0.000	0.000	NUM
fbem-21417	137	29	top1	top1	PROPN
fbem-21417	137	30	0.003	0.003	NUM
fbem-21417	137	31	1.30	1.30	NUM
fbem-21417	137	32	0.196	0.196	NUM
fbem-21417	137	33	growth	growth	NOUN
fbem-21417	137	34	0.036	0.036	NUM
fbem-21417	137	35	*	*	PUNCT
fbem-21417	137	36	*	*	PUNCT
fbem-21417	137	37	*	*	PUNCT
fbem-21417	137	38	3.09	3.09	NUM
fbem-21417	137	39	0.002	0.002	NUM
fbem-21417	137	40	indep	indep	NOUN
fbem-21417	137	41	0.004	0.004	NUM
fbem-21417	137	42	*	*	SYM
fbem-21417	137	43	1.79	1.79	NUM
fbem-21417	137	44	0.075	0.075	NUM
fbem-21417	137	45	size	size	NOUN
fbem-21417	137	46	0.065	0.065	NUM
fbem-21417	137	47	1.61	1.61	NUM
fbem-21417	137	48	0.107	0.107	NUM
fbem-21417	137	49	age	age	NOUN
fbem-21417	137	50	0.015	0.015	NUM
fbem-21417	137	51	*	*	PUNCT
fbem-21417	137	52	*	*	PUNCT
fbem-21417	137	53	*	*	PUNCT
fbem-21417	137	54	2.70	2.70	NUM
fbem-21417	137	55	0.007	0.007	NUM
fbem-21417	137	56	enterprise	enterprise	NOUN
fbem-21417	137	57	fixed	fix	VERB
fbem-21417	137	58	yes	yes	INTJ
fbem-21417	137	59	year	year	NOUN
fbem-21417	137	60	fixed	fix	VERB
fbem-21417	138	1	yes	yes	INTJ
fbem-21417	139	1	_	_	PUNCT
fbem-21417	139	2	cons	con	NOUN
fbem-21417	139	3	-1.995	-1.995	PRON
fbem-21417	139	4	*	*	PUNCT
fbem-21417	139	5	*	*	PUNCT
fbem-21417	139	6	-2.21	-2.21	NUM
fbem-21417	139	7	0.028	0.028	NUM
fbem-21417	139	8	r2	r2	PROPN
fbem-21417	139	9	0.176	0.176	NUM
fbem-21417	139	10	private	private	ADJ
fbem-21417	139	11	firms	firm	NOUN
fbem-21417	139	12	have	have	VERB
fbem-21417	139	13	a	a	DET
fbem-21417	139	14	different	different	ADJ
fbem-21417	139	15	self	self	NOUN
fbem-21417	139	16	-	-	PUNCT
fbem-21417	139	17	positioning	positioning	NOUN
fbem-21417	139	18	and	and	CCONJ
fbem-21417	139	19	131	131	NUM
fbem-21417	139	20	development	development	NOUN
fbem-21417	139	21	strategy	strategy	NOUN
fbem-21417	139	22	than	than	ADP
fbem-21417	139	23	most	most	ADJ
fbem-21417	139	24	state	state	NOUN
fbem-21417	139	25	-	-	PUNCT
fbem-21417	139	26	owned	own	VERB
fbem-21417	139	27	firms	firm	NOUN
fbem-21417	139	28	,	,	PUNCT
fbem-21417	139	29	enabling	enable	VERB
fbem-21417	139	30	them	they	PRON
fbem-21417	139	31	to	to	PART
fbem-21417	139	32	obtain	obtain	VERB
fbem-21417	139	33	a	a	DET
fbem-21417	139	34	higher	high	ADJ
fbem-21417	139	35	rate	rate	NOUN
fbem-21417	139	36	of	of	ADP
fbem-21417	139	37	return	return	NOUN
fbem-21417	139	38	from	from	ADP
fbem-21417	139	39	their	their	PRON
fbem-21417	139	40	r&d	r&d	NOUN
fbem-21417	139	41	investments	investment	NOUN
fbem-21417	139	42	.	.	PUNCT
fbem-21417	140	1	mining	mining	NOUN
fbem-21417	140	2	firms	firm	NOUN
fbem-21417	140	3	are	be	AUX
fbem-21417	140	4	divided	divide	VERB
fbem-21417	140	5	into	into	ADP
fbem-21417	140	6	soes	soe	NOUN
fbem-21417	140	7	and	and	CCONJ
fbem-21417	140	8	private	private	ADJ
fbem-21417	140	9	firms	firm	NOUN
fbem-21417	140	10	and	and	CCONJ
fbem-21417	140	11	regressed	regress	VERB
fbem-21417	140	12	sequentially	sequentially	ADV
fbem-21417	140	13	.	.	PUNCT
fbem-21417	141	1	the	the	DET
fbem-21417	141	2	results	result	NOUN
fbem-21417	141	3	of	of	ADP
fbem-21417	141	4	the	the	DET
fbem-21417	141	5	heterogeneity	heterogeneity	NOUN
fbem-21417	141	6	analysis	analysis	NOUN
fbem-21417	141	7	,	,	PUNCT
fbem-21417	141	8	as	as	SCONJ
fbem-21417	141	9	shown	show	VERB
fbem-21417	141	10	in	in	ADP
fbem-21417	141	11	table	table	NOUN
fbem-21417	141	12	5	5	NUM
fbem-21417	141	13	:	:	PUNCT
fbem-21417	141	14	table	table	NOUN
fbem-21417	141	15	5	5	NUM
fbem-21417	141	16	.	.	PUNCT
fbem-21417	141	17	results	result	NOUN
fbem-21417	141	18	of	of	ADP
fbem-21417	141	19	heterogeneity	heterogeneity	NOUN
fbem-21417	141	20	analysis	analysis	NOUN
fbem-21417	141	21	variable	variable	ADJ
fbem-21417	141	22	name	name	NOUN
fbem-21417	141	23	explained	explain	VERB
fbem-21417	141	24	variable	variable	NOUN
fbem-21417	141	25	:	:	PUNCT
fbem-21417	141	26	roa	roa	PROPN
fbem-21417	141	27	private	private	ADJ
fbem-21417	141	28	business	business	NOUN
fbem-21417	141	29	nationalized	nationalize	VERB
fbem-21417	141	30	business	business	NOUN
fbem-21417	141	31	esg	esg	PROPN
fbem-21417	141	32	0.025	0.025	NUM
fbem-21417	141	33	*	*	PUNCT
fbem-21417	141	34	*	*	PROPN
fbem-21417	141	35	0.006	0.006	NUM
fbem-21417	141	36	lev	lev	NOUN
fbem-21417	141	37	-0.481	-0.481	NOUN
fbem-21417	141	38	*	*	PUNCT
fbem-21417	141	39	*	*	PUNCT
fbem-21417	141	40	*	*	PUNCT
fbem-21417	141	41	-0.524	-0.524	ADJ
fbem-21417	141	42	*	*	PUNCT
fbem-21417	141	43	*	*	PUNCT
fbem-21417	141	44	*	*	PUNCT
fbem-21417	141	45	top1	top1	PROPN
fbem-21417	141	46	0.002	0.002	NUM
fbem-21417	141	47	0.003	0.003	NUM
fbem-21417	141	48	growth	growth	NOUN
fbem-21417	141	49	0.041	0.041	NUM
fbem-21417	141	50	*	*	PUNCT
fbem-21417	141	51	*	*	PUNCT
fbem-21417	141	52	*	*	PUNCT
fbem-21417	141	53	0.038	0.038	NUM
fbem-21417	141	54	*	*	PUNCT
fbem-21417	141	55	*	*	PUNCT
fbem-21417	141	56	*	*	PROPN
fbem-21417	141	57	indep	indep	NOUN
fbem-21417	141	58	0.002	0.002	NUM
fbem-21417	141	59	0.004	0.004	NUM
fbem-21417	141	60	*	*	PUNCT
fbem-21417	141	61	size	size	NOUN
fbem-21417	141	62	0.064	0.064	NUM
fbem-21417	141	63	0.074	0.074	NUM
fbem-21417	141	64	*	*	PUNCT
fbem-21417	141	65	age	age	NOUN
fbem-21417	141	66	0.017	0.017	NUM
fbem-21417	141	67	*	*	PUNCT
fbem-21417	141	68	*	*	PUNCT
fbem-21417	141	69	*	*	NOUN
fbem-21417	141	70	0.018	0.018	NUM
fbem-21417	141	71	*	*	PUNCT
fbem-21417	141	72	*	*	PUNCT
fbem-21417	141	73	*	*	PUNCT
fbem-21417	141	74	enterprise	enterprise	NOUN
fbem-21417	141	75	fixed	fix	VERB
fbem-21417	141	76	yes	yes	INTJ
fbem-21417	141	77	year	year	NOUN
fbem-21417	141	78	fixed	fix	VERB
fbem-21417	142	1	yes	yes	INTJ
fbem-21417	143	1	_	_	PUNCT
fbem-21417	143	2	cons	con	NOUN
fbem-21417	143	3	-2.572	-2.572	NOUN
fbem-21417	143	4	*	*	PUNCT
fbem-21417	143	5	*	*	PUNCT
fbem-21417	144	1	-2.109	-2.109	PUNCT
fbem-21417	144	2	*	*	PUNCT
fbem-21417	144	3	*	*	PUNCT
fbem-21417	144	4	r2	r2	NOUN
fbem-21417	144	5	0.178	0.178	NUM
fbem-21417	144	6	0.189	0.189	NUM
fbem-21417	144	7	from	from	ADP
fbem-21417	144	8	the	the	DET
fbem-21417	144	9	test	test	NOUN
fbem-21417	144	10	results	result	NOUN
fbem-21417	144	11	in	in	ADP
fbem-21417	144	12	table	table	NOUN
fbem-21417	144	13	5	5	NUM
fbem-21417	144	14	,	,	PUNCT
fbem-21417	144	15	it	it	PRON
fbem-21417	144	16	can	can	AUX
fbem-21417	144	17	be	be	AUX
fbem-21417	144	18	seen	see	VERB
fbem-21417	144	19	that	that	SCONJ
fbem-21417	144	20	the	the	DET
fbem-21417	144	21	effect	effect	NOUN
fbem-21417	144	22	of	of	ADP
fbem-21417	144	23	esg	esg	PROPN
fbem-21417	144	24	performance	performance	NOUN
fbem-21417	144	25	on	on	ADP
fbem-21417	144	26	financial	financial	ADJ
fbem-21417	144	27	performance	performance	NOUN
fbem-21417	144	28	in	in	ADP
fbem-21417	144	29	private	private	ADJ
fbem-21417	144	30	enterprises	enterprise	NOUN
fbem-21417	144	31	is	be	AUX
fbem-21417	144	32	positive	positive	ADJ
fbem-21417	144	33	and	and	CCONJ
fbem-21417	144	34	significant	significant	ADJ
fbem-21417	144	35	,	,	PUNCT
fbem-21417	144	36	with	with	ADP
fbem-21417	144	37	a	a	DET
fbem-21417	144	38	regression	regression	NOUN
fbem-21417	144	39	coefficient	coefficient	NOUN
fbem-21417	144	40	of	of	ADP
fbem-21417	144	41	0.025	0.025	NUM
fbem-21417	144	42	,	,	PUNCT
fbem-21417	144	43	which	which	PRON
fbem-21417	144	44	is	be	AUX
fbem-21417	144	45	significant	significant	ADJ
fbem-21417	144	46	at	at	ADP
fbem-21417	144	47	the	the	DET
fbem-21417	144	48	5	5	NUM
fbem-21417	144	49	%	%	NOUN
fbem-21417	144	50	level	level	NOUN
fbem-21417	144	51	.	.	PUNCT
fbem-21417	145	1	in	in	ADP
fbem-21417	145	2	state	state	NOUN
fbem-21417	145	3	-	-	PUNCT
fbem-21417	145	4	owned	own	VERB
fbem-21417	145	5	enterprises	enterprise	NOUN
fbem-21417	145	6	,	,	PUNCT
fbem-21417	145	7	the	the	DET
fbem-21417	145	8	effect	effect	NOUN
fbem-21417	145	9	of	of	ADP
fbem-21417	145	10	esg	esg	PROPN
fbem-21417	145	11	performance	performance	NOUN
fbem-21417	145	12	on	on	ADP
fbem-21417	145	13	financial	financial	ADJ
fbem-21417	145	14	performance	performance	NOUN
fbem-21417	145	15	is	be	AUX
fbem-21417	145	16	not	not	PART
fbem-21417	145	17	significant	significant	ADJ
fbem-21417	145	18	.	.	PUNCT
fbem-21417	146	1	the	the	DET
fbem-21417	146	2	reasons	reason	NOUN
fbem-21417	146	3	for	for	ADP
fbem-21417	146	4	this	this	PRON
fbem-21417	146	5	are	be	AUX
fbem-21417	146	6	:	:	PUNCT
fbem-21417	146	7	first	first	ADJ
fbem-21417	146	8	,	,	PUNCT
fbem-21417	146	9	under	under	ADP
fbem-21417	146	10	the	the	DET
fbem-21417	146	11	state	state	NOUN
fbem-21417	146	12	regulatory	regulatory	ADJ
fbem-21417	146	13	system	system	NOUN
fbem-21417	146	14	,	,	PUNCT
fbem-21417	146	15	state	state	NOUN
fbem-21417	146	16	-	-	PUNCT
fbem-21417	146	17	owned	own	VERB
fbem-21417	146	18	enterprises	enterprise	NOUN
fbem-21417	146	19	will	will	AUX
fbem-21417	146	20	comply	comply	VERB
fbem-21417	146	21	with	with	ADP
fbem-21417	146	22	state	state	NOUN
fbem-21417	146	23	policies	policy	NOUN
fbem-21417	146	24	and	and	CCONJ
fbem-21417	146	25	implement	implement	VERB
fbem-21417	146	26	relevant	relevant	ADJ
fbem-21417	146	27	regulations	regulation	NOUN
fbem-21417	146	28	to	to	PART
fbem-21417	146	29	fulfill	fulfill	VERB
fbem-21417	146	30	their	their	PRON
fbem-21417	146	31	social	social	ADJ
fbem-21417	146	32	responsibilities	responsibility	NOUN
fbem-21417	146	33	,	,	PUNCT
fbem-21417	146	34	and	and	CCONJ
fbem-21417	146	35	the	the	DET
fbem-21417	146	36	endogenous	endogenous	ADJ
fbem-21417	146	37	nature	nature	NOUN
fbem-21417	146	38	of	of	ADP
fbem-21417	146	39	their	their	PRON
fbem-21417	146	40	social	social	ADJ
fbem-21417	146	41	responsibility	responsibility	NOUN
fbem-21417	146	42	mission	mission	NOUN
fbem-21417	146	43	weakens	weaken	VERB
fbem-21417	146	44	the	the	DET
fbem-21417	146	45	relationship	relationship	NOUN
fbem-21417	146	46	between	between	ADP
fbem-21417	146	47	esg	esg	NOUN
fbem-21417	146	48	performance	performance	NOUN
fbem-21417	146	49	and	and	CCONJ
fbem-21417	146	50	financial	financial	ADJ
fbem-21417	146	51	performance	performance	NOUN
fbem-21417	146	52	;	;	PUNCT
fbem-21417	146	53	second	second	X
fbem-21417	146	54	,	,	PUNCT
fbem-21417	146	55	state	state	NOUN
fbem-21417	146	56	-	-	PUNCT
fbem-21417	146	57	owned	own	VERB
fbem-21417	146	58	enterprises	enterprise	NOUN
fbem-21417	146	59	are	be	AUX
fbem-21417	146	60	in	in	ADP
fbem-21417	146	61	an	an	DET
fbem-21417	146	62	advantageous	advantageous	ADJ
fbem-21417	146	63	position	position	NOUN
fbem-21417	146	64	in	in	ADP
fbem-21417	146	65	obtaining	obtain	VERB
fbem-21417	146	66	government	government	NOUN
fbem-21417	146	67	resources	resource	NOUN
fbem-21417	146	68	,	,	PUNCT
fbem-21417	146	69	and	and	CCONJ
fbem-21417	146	70	it	it	PRON
fbem-21417	146	71	is	be	AUX
fbem-21417	146	72	easier	easy	ADJ
fbem-21417	146	73	for	for	SCONJ
fbem-21417	146	74	them	they	PRON
fbem-21417	146	75	to	to	PART
fbem-21417	146	76	raise	raise	VERB
fbem-21417	146	77	funds	fund	NOUN
fbem-21417	146	78	,	,	PUNCT
fbem-21417	146	79	and	and	CCONJ
fbem-21417	146	80	therefore	therefore	ADV
fbem-21417	146	81	they	they	PRON
fbem-21417	146	82	will	will	AUX
fbem-21417	146	83	not	not	PART
fbem-21417	146	84	rely	rely	VERB
fbem-21417	146	85	on	on	ADP
fbem-21417	146	86	the	the	DET
fbem-21417	146	87	way	way	NOUN
fbem-21417	146	88	of	of	ADP
fbem-21417	146	89	improving	improve	VERB
fbem-21417	146	90	esg	esg	NOUN
fbem-21417	146	91	performance	performance	NOUN
fbem-21417	146	92	to	to	PART
fbem-21417	146	93	improve	improve	VERB
fbem-21417	146	94	their	their	PRON
fbem-21417	146	95	financial	financial	ADJ
fbem-21417	146	96	performance	performance	NOUN
fbem-21417	146	97	.	.	PUNCT
fbem-21417	147	1	in	in	ADP
fbem-21417	147	2	summary	summary	NOUN
fbem-21417	147	3	,	,	PUNCT
fbem-21417	147	4	the	the	DET
fbem-21417	147	5	relationship	relationship	NOUN
fbem-21417	147	6	between	between	ADP
fbem-21417	147	7	esg	esg	NOUN
fbem-21417	147	8	performance	performance	NOUN
fbem-21417	147	9	and	and	CCONJ
fbem-21417	147	10	financial	financial	ADJ
fbem-21417	147	11	performance	performance	NOUN
fbem-21417	147	12	is	be	AUX
fbem-21417	147	13	more	more	ADV
fbem-21417	147	14	significant	significant	ADJ
fbem-21417	147	15	for	for	ADP
fbem-21417	147	16	private	private	ADJ
fbem-21417	147	17	mining	mining	NOUN
fbem-21417	147	18	companies	company	NOUN
fbem-21417	147	19	than	than	ADP
fbem-21417	147	20	for	for	ADP
fbem-21417	147	21	state	state	NOUN
fbem-21417	147	22	-	-	PUNCT
fbem-21417	147	23	owned	own	VERB
fbem-21417	147	24	companies	company	NOUN
fbem-21417	147	25	,	,	PUNCT
fbem-21417	147	26	which	which	PRON
fbem-21417	147	27	supports	support	VERB
fbem-21417	147	28	hypothesis	hypothesis	NOUN
fbem-21417	147	29	2	2	NUM
fbem-21417	147	30	:	:	PUNCT
fbem-21417	147	31	esg	esg	NOUN
fbem-21417	147	32	performance	performance	NOUN
fbem-21417	147	33	has	have	VERB
fbem-21417	147	34	a	a	DET
fbem-21417	147	35	heterogeneous	heterogeneous	ADJ
fbem-21417	147	36	effect	effect	NOUN
fbem-21417	147	37	on	on	ADP
fbem-21417	147	38	the	the	DET
fbem-21417	147	39	financial	financial	ADJ
fbem-21417	147	40	performance	performance	NOUN
fbem-21417	147	41	of	of	ADP
fbem-21417	147	42	mining	mining	NOUN
fbem-21417	147	43	companies	company	NOUN
fbem-21417	147	44	of	of	ADP
fbem-21417	147	45	different	different	ADJ
fbem-21417	147	46	natures	nature	NOUN
fbem-21417	147	47	.	.	PUNCT
fbem-21417	148	1	5.4	5.4	NUM
fbem-21417	148	2	.	.	PUNCT
fbem-21417	148	3	robustness	robustness	NOUN
fbem-21417	148	4	test	test	NOUN
fbem-21417	148	5	-	-	PUNCT
fbem-21417	148	6	variable	variable	NOUN
fbem-21417	148	7	substitution	substitution	NOUN
fbem-21417	148	8	in	in	ADP
fbem-21417	148	9	order	order	NOUN
fbem-21417	148	10	to	to	PART
fbem-21417	148	11	test	test	VERB
fbem-21417	148	12	the	the	DET
fbem-21417	148	13	reliability	reliability	NOUN
fbem-21417	148	14	of	of	ADP
fbem-21417	148	15	the	the	DET
fbem-21417	148	16	research	research	NOUN
fbem-21417	148	17	results	result	NOUN
fbem-21417	148	18	as	as	ADV
fbem-21417	148	19	well	well	ADV
fbem-21417	148	20	as	as	ADP
fbem-21417	148	21	the	the	DET
fbem-21417	148	22	stability	stability	NOUN
fbem-21417	148	23	of	of	ADP
fbem-21417	148	24	the	the	DET
fbem-21417	148	25	model	model	NOUN
fbem-21417	148	26	,	,	PUNCT
fbem-21417	148	27	this	this	DET
fbem-21417	148	28	paper	paper	NOUN
fbem-21417	148	29	selects	select	VERB
fbem-21417	148	30	new	new	ADJ
fbem-21417	148	31	variables	variable	NOUN
fbem-21417	148	32	to	to	PART
fbem-21417	148	33	replace	replace	VERB
fbem-21417	148	34	financial	financial	ADJ
fbem-21417	148	35	performance	performance	NOUN
fbem-21417	148	36	.	.	PUNCT
fbem-21417	149	1	referring	refer	VERB
fbem-21417	149	2	to	to	ADP
fbem-21417	149	3	the	the	DET
fbem-21417	149	4	existing	exist	VERB
fbem-21417	149	5	literature	literature	NOUN
fbem-21417	149	6	[	[	X
fbem-21417	149	7	2	2	NUM
fbem-21417	149	8	]	]	PUNCT
fbem-21417	149	9	,	,	PUNCT
fbem-21417	149	10	we	we	PRON
fbem-21417	149	11	further	far	ADV
fbem-21417	149	12	replace	replace	VERB
fbem-21417	149	13	the	the	DET
fbem-21417	149	14	explanatory	explanatory	ADJ
fbem-21417	149	15	variable	variable	ADJ
fbem-21417	149	16	roa	roa	NOUN
fbem-21417	149	17	with	with	ADP
fbem-21417	149	18	return	return	NOUN
fbem-21417	149	19	on	on	ADP
fbem-21417	149	20	equity	equity	NOUN
fbem-21417	149	21	(	(	PUNCT
fbem-21417	149	22	roe	roe	PROPN
fbem-21417	149	23	,	,	PUNCT
fbem-21417	149	24	roe	roe	NOUN
fbem-21417	149	25	=	=	NOUN
fbem-21417	149	26	enterprise	enterprise	NOUN
fbem-21417	149	27	net	net	ADJ
fbem-21417	149	28	profit	profit	NOUN
fbem-21417	149	29	/	/	SYM
fbem-21417	149	30	average	average	ADJ
fbem-21417	149	31	net	net	ADJ
fbem-21417	149	32	assets	asset	NOUN
fbem-21417	149	33	)	)	PUNCT
fbem-21417	149	34	,	,	PUNCT
fbem-21417	149	35	and	and	CCONJ
fbem-21417	149	36	carry	carry	VERB
fbem-21417	149	37	robustness	robustness	NOUN
fbem-21417	149	38	test.the	test.the	DET
fbem-21417	149	39	regression	regression	NOUN
fbem-21417	149	40	results	result	NOUN
fbem-21417	149	41	of	of	ADP
fbem-21417	149	42	esg	esg	PROPN
fbem-21417	149	43	and	and	CCONJ
fbem-21417	149	44	roe	roe	PROPN
fbem-21417	149	45	table	table	NOUN
fbem-21417	149	46	6.it	6.it	NUM
fbem-21417	149	47	can	can	AUX
fbem-21417	149	48	be	be	AUX
fbem-21417	149	49	seen	see	VERB
fbem-21417	149	50	in	in	ADP
fbem-21417	149	51	table	table	NOUN
fbem-21417	149	52	6	6	NUM
fbem-21417	149	53	that	that	SCONJ
fbem-21417	149	54	the	the	DET
fbem-21417	149	55	correlation	correlation	NOUN
fbem-21417	149	56	coefficient	coefficient	NOUN
fbem-21417	149	57	of	of	ADP
fbem-21417	149	58	esg	esg	PROPN
fbem-21417	149	59	performance	performance	NOUN
fbem-21417	149	60	and	and	CCONJ
fbem-21417	149	61	roe	roe	NOUN
fbem-21417	149	62	,	,	PUNCT
fbem-21417	149	63	an	an	DET
fbem-21417	149	64	indicator	indicator	NOUN
fbem-21417	149	65	of	of	ADP
fbem-21417	149	66	financial	financial	ADJ
fbem-21417	149	67	performance	performance	NOUN
fbem-21417	149	68	,	,	PUNCT
fbem-21417	149	69	is	be	AUX
fbem-21417	149	70	0.392,which	0.392,which	NOUN
fbem-21417	149	71	is	be	AUX
fbem-21417	149	72	positively	positively	ADV
fbem-21417	149	73	correlated	correlate	VERB
fbem-21417	149	74	,	,	PUNCT
fbem-21417	149	75	and	and	CCONJ
fbem-21417	149	76	it	it	PRON
fbem-21417	149	77	is	be	AUX
fbem-21417	149	78	significantly	significantly	ADV
fbem-21417	149	79	significant	significant	ADJ
fbem-21417	149	80	at	at	ADP
fbem-21417	149	81	the	the	DET
fbem-21417	149	82	5	5	NUM
fbem-21417	149	83	%	%	NOUN
fbem-21417	149	84	level	level	NOUN
fbem-21417	149	85	.	.	PUNCT
fbem-21417	150	1	the	the	DET
fbem-21417	150	2	robustness	robustness	NOUN
fbem-21417	150	3	test	test	NOUN
fbem-21417	150	4	finds	find	VERB
fbem-21417	150	5	that	that	SCONJ
fbem-21417	150	6	the	the	DET
fbem-21417	150	7	sign	sign	NOUN
fbem-21417	150	8	and	and	CCONJ
fbem-21417	150	9	significance	significance	NOUN
fbem-21417	150	10	of	of	ADP
fbem-21417	150	11	the	the	DET
fbem-21417	150	12	coefficients	coefficient	NOUN
fbem-21417	150	13	of	of	ADP
fbem-21417	150	14	the	the	DET
fbem-21417	150	15	main	main	ADJ
fbem-21417	150	16	variables	variable	NOUN
fbem-21417	150	17	have	have	AUX
fbem-21417	150	18	not	not	PART
fbem-21417	150	19	changed	change	VERB
fbem-21417	150	20	,	,	PUNCT
fbem-21417	150	21	and	and	CCONJ
fbem-21417	150	22	the	the	DET
fbem-21417	150	23	conclusion	conclusion	NOUN
fbem-21417	150	24	is	be	AUX
fbem-21417	150	25	robust	robust	ADJ
fbem-21417	150	26	,	,	PUNCT
fbem-21417	150	27	and	and	CCONJ
fbem-21417	150	28	the	the	DET
fbem-21417	150	29	hypothesis	hypothesis	NOUN
fbem-21417	150	30	of	of	ADP
fbem-21417	150	31	this	this	DET
fbem-21417	150	32	paper	paper	NOUN
fbem-21417	150	33	can	can	AUX
fbem-21417	150	34	be	be	AUX
fbem-21417	150	35	supported	support	VERB
fbem-21417	150	36	.	.	PUNCT
fbem-21417	151	1	table	table	NOUN
fbem-21417	151	2	6	6	NUM
fbem-21417	151	3	.	.	PUNCT
fbem-21417	152	1	esg	esg	PROPN
fbem-21417	152	2	and	and	CCONJ
fbem-21417	152	3	firm	firm	ADJ
fbem-21417	152	4	roe	roe	NOUN
fbem-21417	152	5	regression	regression	NOUN
fbem-21417	152	6	analysis	analysis	NOUN
fbem-21417	152	7	results	result	VERB
fbem-21417	152	8	variable	variable	ADJ
fbem-21417	152	9	name	name	NOUN
fbem-21417	152	10	roe	roe	PROPN
fbem-21417	152	11	t	t	PROPN
fbem-21417	152	12	-	-	PUNCT
fbem-21417	152	13	stat	stat	NOUN
fbem-21417	152	14	p	p	NOUN
fbem-21417	152	15	-	-	PUNCT
fbem-21417	152	16	value	value	NOUN
fbem-21417	152	17	esg	esg	NOUN
fbem-21417	152	18	0.392	0.392	NUM
fbem-21417	152	19	*	*	PUNCT
fbem-21417	152	20	*	*	PUNCT
fbem-21417	152	21	2.21	2.21	NUM
fbem-21417	152	22	0.028	0.028	NUM
fbem-21417	152	23	lev	lev	NOUN
fbem-21417	152	24	-5.102	-5.102	PUNCT
fbem-21417	152	25	*	*	PUNCT
fbem-21417	152	26	*	*	PUNCT
fbem-21417	152	27	*	*	PUNCT
fbem-21417	152	28	-3.61	-3.61	NOUN
fbem-21417	152	29	0.000	0.000	NUM
fbem-21417	152	30	top1	top1	PROPN
fbem-21417	152	31	0.025	0.025	NUM
fbem-21417	152	32	0.96	0.96	NUM
fbem-21417	152	33	0.337	0.337	NUM
fbem-21417	152	34	growth	growth	NOUN
fbem-21417	152	35	0.511	0.511	NUM
fbem-21417	152	36	*	*	PUNCT
fbem-21417	152	37	*	*	PUNCT
fbem-21417	152	38	*	*	PUNCT
fbem-21417	152	39	3.36	3.36	NUM
fbem-21417	152	40	0.001	0.001	NUM
fbem-21417	152	41	indep	indep	NOUN
fbem-21417	152	42	0.039	0.039	NUM
fbem-21417	152	43	*	*	NUM
fbem-21417	152	44	1.39	1.39	NUM
fbem-21417	152	45	0.166	0.166	NUM
fbem-21417	152	46	size	size	NOUN
fbem-21417	152	47	-0.803	-0.803	ADP
fbem-21417	152	48	-1.52	-1.52	NUM
fbem-21417	152	49	0.129	0.129	NUM
fbem-21417	152	50	age	age	NOUN
fbem-21417	152	51	0.015	0.015	NUM
fbem-21417	152	52	*	*	PUNCT
fbem-21417	152	53	*	*	PUNCT
fbem-21417	152	54	*	*	PUNCT
fbem-21417	152	55	2.90	2.90	NUM
fbem-21417	152	56	0.004	0.004	NUM
fbem-21417	152	57	enterprise	enterprise	NOUN
fbem-21417	152	58	fixed	fix	VERB
fbem-21417	152	59	yes	yes	INTJ
fbem-21417	152	60	year	year	NOUN
fbem-21417	152	61	fixed	fix	VERB
fbem-21417	153	1	yes	yes	INTJ
fbem-21417	154	1	_	_	PUNCT
fbem-21417	154	2	cons	con	NOUN
fbem-21417	154	3	0.216	0.216	NUM
fbem-21417	154	4	*	*	PUNCT
fbem-21417	154	5	*	*	PUNCT
fbem-21417	154	6	*	*	PUNCT
fbem-21417	154	7	1.01	1.01	NUM
fbem-21417	154	8	0.313	0.313	NUM
fbem-21417	154	9	r2	r2	NOUN
fbem-21417	154	10	0.117	0.117	NUM
fbem-21417	154	11	6	6	NUM
fbem-21417	154	12	.	.	PUNCT
fbem-21417	155	1	conclusions	conclusion	NOUN
fbem-21417	155	2	and	and	CCONJ
fbem-21417	155	3	recommendations	recommendation	NOUN
fbem-21417	155	4	6.1	6.1	NUM
fbem-21417	155	5	.	.	PUNCT
fbem-21417	156	1	reach	reach	VERB
fbem-21417	156	2	a	a	DET
fbem-21417	156	3	verdict	verdict	NOUN
fbem-21417	156	4	"	"	PUNCT
fbem-21417	156	5	the	the	DET
fbem-21417	156	6	14th	14th	ADJ
fbem-21417	156	7	five	five	NUM
fbem-21417	156	8	-	-	PUNCT
fbem-21417	156	9	year	year	NOUN
fbem-21417	156	10	plan	plan	NOUN
fbem-21417	156	11	clearly	clearly	ADV
fbem-21417	156	12	points	point	VERB
fbem-21417	156	13	out	out	ADP
fbem-21417	156	14	that	that	SCONJ
fbem-21417	156	15	economic	economic	ADJ
fbem-21417	156	16	and	and	CCONJ
fbem-21417	156	17	social	social	ADJ
fbem-21417	156	18	development	development	NOUN
fbem-21417	156	19	should	should	AUX
fbem-21417	156	20	be	be	AUX
fbem-21417	156	21	based	base	VERB
fbem-21417	156	22	on	on	ADP
fbem-21417	156	23	the	the	DET
fbem-21417	156	24	theme	theme	NOUN
fbem-21417	156	25	of	of	ADP
fbem-21417	156	26	promoting	promote	VERB
fbem-21417	156	27	high	high	ADJ
fbem-21417	156	28	-	-	PUNCT
fbem-21417	156	29	quality	quality	NOUN
fbem-21417	156	30	development	development	NOUN
fbem-21417	156	31	,	,	PUNCT
fbem-21417	156	32	and	and	CCONJ
fbem-21417	156	33	enterprises	enterprise	NOUN
fbem-21417	156	34	should	should	AUX
fbem-21417	156	35	pay	pay	VERB
fbem-21417	156	36	more	more	ADJ
fbem-21417	156	37	attention	attention	NOUN
fbem-21417	156	38	to	to	ADP
fbem-21417	156	39	environmental	environmental	ADJ
fbem-21417	156	40	,	,	PUNCT
fbem-21417	156	41	social	social	ADJ
fbem-21417	156	42	and	and	CCONJ
fbem-21417	156	43	governance	governance	NOUN
fbem-21417	156	44	performance	performance	NOUN
fbem-21417	156	45	to	to	PART
fbem-21417	156	46	realize	realize	VERB
fbem-21417	156	47	long	long	ADJ
fbem-21417	156	48	-	-	PUNCT
fbem-21417	156	49	term	term	NOUN
fbem-21417	156	50	sustainable	sustainable	ADJ
fbem-21417	156	51	development	development	NOUN
fbem-21417	156	52	,	,	PUNCT
fbem-21417	156	53	and	and	CCONJ
fbem-21417	156	54	esg	esg	PROPN
fbem-21417	156	55	is	be	AUX
fbem-21417	156	56	one	one	NUM
fbem-21417	156	57	of	of	ADP
fbem-21417	156	58	the	the	DET
fbem-21417	156	59	powerful	powerful	ADJ
fbem-21417	156	60	tools	tool	NOUN
fbem-21417	156	61	to	to	PART
fbem-21417	156	62	implement	implement	VERB
fbem-21417	156	63	the	the	DET
fbem-21417	156	64	new	new	ADJ
fbem-21417	156	65	development	development	NOUN
fbem-21417	156	66	concept	concept	NOUN
fbem-21417	156	67	and	and	CCONJ
fbem-21417	156	68	build	build	VERB
fbem-21417	156	69	a	a	DET
fbem-21417	156	70	new	new	ADJ
fbem-21417	156	71	development	development	NOUN
fbem-21417	156	72	pattern	pattern	NOUN
fbem-21417	156	73	.	.	PUNCT
fbem-21417	157	1	based	base	VERB
fbem-21417	157	2	on	on	ADP
fbem-21417	157	3	the	the	DET
fbem-21417	157	4	esg	esg	PROPN
fbem-21417	157	5	score	score	NOUN
fbem-21417	157	6	data	datum	NOUN
fbem-21417	157	7	of	of	ADP
fbem-21417	157	8	wind	wind	NOUN
fbem-21417	157	9	database	database	NOUN
fbem-21417	157	10	,	,	PUNCT
fbem-21417	157	11	this	this	DET
fbem-21417	157	12	paper	paper	NOUN
fbem-21417	157	13	selects	select	VERB
fbem-21417	157	14	the	the	DET
fbem-21417	157	15	listed	list	VERB
fbem-21417	157	16	companies	company	NOUN
fbem-21417	157	17	in	in	ADP
fbem-21417	157	18	china	china	PROPN
fbem-21417	157	19	's	's	PART
fbem-21417	157	20	mining	mining	NOUN
fbem-21417	157	21	industry	industry	NOUN
fbem-21417	157	22	from	from	ADP
fbem-21417	157	23	2018	2018	NUM
fbem-21417	157	24	-	-	SYM
fbem-21417	157	25	2022	2022	NUM
fbem-21417	157	26	as	as	ADP
fbem-21417	157	27	the	the	DET
fbem-21417	157	28	research	research	NOUN
fbem-21417	157	29	sample	sample	NOUN
fbem-21417	157	30	to	to	PART
fbem-21417	157	31	explore	explore	VERB
fbem-21417	157	32	the	the	DET
fbem-21417	157	33	relationship	relationship	NOUN
fbem-21417	157	34	between	between	ADP
fbem-21417	157	35	esg	esg	NOUN
fbem-21417	157	36	performance	performance	NOUN
fbem-21417	157	37	and	and	CCONJ
fbem-21417	157	38	financial	financial	ADJ
fbem-21417	157	39	performance	performance	NOUN
fbem-21417	157	40	of	of	ADP
fbem-21417	157	41	listed	list	VERB
fbem-21417	157	42	companies	company	NOUN
fbem-21417	157	43	in	in	ADP
fbem-21417	157	44	china	china	PROPN
fbem-21417	157	45	's	's	PART
fbem-21417	157	46	mining	mining	NOUN
fbem-21417	157	47	industry	industry	NOUN
fbem-21417	157	48	.	.	PUNCT
fbem-21417	158	1	the	the	DET
fbem-21417	158	2	conclusions	conclusion	NOUN
fbem-21417	158	3	support	support	VERB
fbem-21417	158	4	the	the	DET
fbem-21417	158	5	academic	academic	ADJ
fbem-21417	158	6	view	view	NOUN
fbem-21417	158	7	that	that	SCONJ
fbem-21417	158	8	esg	esg	NOUN
fbem-21417	158	9	performance	performance	NOUN
fbem-21417	158	10	is	be	AUX
fbem-21417	158	11	positively	positively	ADV
fbem-21417	158	12	correlated	correlate	VERB
fbem-21417	158	13	with	with	ADP
fbem-21417	158	14	corporate	corporate	ADJ
fbem-21417	158	15	financial	financial	ADJ
fbem-21417	158	16	performance	performance	NOUN
fbem-21417	158	17	,	,	PUNCT
fbem-21417	158	18	and	and	CCONJ
fbem-21417	158	19	the	the	DET
fbem-21417	158	20	specific	specific	ADJ
fbem-21417	158	21	conclusions	conclusion	NOUN
fbem-21417	158	22	are	be	AUX
fbem-21417	158	23	as	as	SCONJ
fbem-21417	158	24	follows	follow	VERB
fbem-21417	158	25	:	:	PUNCT
fbem-21417	158	26	overall	overall	ADV
fbem-21417	158	27	,	,	PUNCT
fbem-21417	158	28	the	the	DET
fbem-21417	158	29	esg	esg	NOUN
fbem-21417	158	30	performance	performance	NOUN
fbem-21417	158	31	of	of	ADP
fbem-21417	158	32	mining	mining	NOUN
fbem-21417	158	33	companies	company	NOUN
fbem-21417	158	34	is	be	AUX
fbem-21417	158	35	positively	positively	ADV
fbem-21417	158	36	correlated	correlate	VERB
fbem-21417	158	37	with	with	ADP
fbem-21417	158	38	their	their	PRON
fbem-21417	158	39	financial	financial	ADJ
fbem-21417	158	40	performance	performance	NOUN
fbem-21417	158	41	,	,	PUNCT
fbem-21417	158	42	i.e.	i.e.	X
fbem-21417	158	43	,	,	PUNCT
fbem-21417	158	44	mining	mining	NOUN
fbem-21417	158	45	companies	company	NOUN
fbem-21417	158	46	can	can	AUX
fbem-21417	158	47	positively	positively	ADV
fbem-21417	158	48	affect	affect	VERB
fbem-21417	158	49	their	their	PRON
fbem-21417	158	50	financial	financial	ADJ
fbem-21417	158	51	performance	performance	NOUN
fbem-21417	158	52	by	by	ADP
fbem-21417	158	53	increasing	increase	VERB
fbem-21417	158	54	their	their	PRON
fbem-21417	158	55	awareness	awareness	NOUN
fbem-21417	158	56	of	of	ADP
fbem-21417	158	57	esg	esg	PROPN
fbem-21417	158	58	concepts	concept	NOUN
fbem-21417	158	59	and	and	CCONJ
fbem-21417	158	60	investing	invest	VERB
fbem-21417	158	61	in	in	ADP
fbem-21417	158	62	esg	esg	PROPN
fbem-21417	158	63	practices	practice	NOUN
fbem-21417	158	64	.	.	PUNCT
fbem-21417	159	1	in	in	ADP
fbem-21417	159	2	terms	term	NOUN
fbem-21417	159	3	of	of	ADP
fbem-21417	159	4	the	the	DET
fbem-21417	159	5	nature	nature	NOUN
fbem-21417	159	6	of	of	ADP
fbem-21417	159	7	ownership	ownership	NOUN
fbem-21417	159	8	,	,	PUNCT
fbem-21417	159	9	the	the	DET
fbem-21417	159	10	relationship	relationship	NOUN
fbem-21417	159	11	between	between	ADP
fbem-21417	159	12	esg	esg	NOUN
fbem-21417	159	13	performance	performance	NOUN
fbem-21417	159	14	and	and	CCONJ
fbem-21417	159	15	financial	financial	ADJ
fbem-21417	159	16	performance	performance	NOUN
fbem-21417	159	17	is	be	AUX
fbem-21417	159	18	more	more	ADV
fbem-21417	159	19	significant	significant	ADJ
fbem-21417	159	20	for	for	ADP
fbem-21417	159	21	private	private	ADJ
fbem-21417	159	22	companies	company	NOUN
fbem-21417	159	23	in	in	ADP
fbem-21417	159	24	the	the	DET
fbem-21417	159	25	mining	mining	NOUN
fbem-21417	159	26	sector	sector	NOUN
fbem-21417	159	27	than	than	ADP
fbem-21417	159	28	for	for	ADP
fbem-21417	159	29	state	state	NOUN
fbem-21417	159	30	-	-	PUNCT
fbem-21417	159	31	owned	own	VERB
fbem-21417	159	32	companies	company	NOUN
fbem-21417	159	33	,	,	PUNCT
fbem-21417	159	34	suggesting	suggest	VERB
fbem-21417	159	35	that	that	SCONJ
fbem-21417	159	36	private	private	ADJ
fbem-21417	159	37	companies	company	NOUN
fbem-21417	159	38	in	in	ADP
fbem-21417	159	39	this	this	DET
fbem-21417	159	40	sector	sector	NOUN
fbem-21417	159	41	are	be	AUX
fbem-21417	159	42	better	well	ADJ
fbem-21417	159	43	able	able	ADJ
fbem-21417	159	44	to	to	PART
fbem-21417	159	45	capitalize	capitalize	VERB
fbem-21417	159	46	on	on	ADP
fbem-21417	159	47	their	their	PRON
fbem-21417	159	48	market	market	NOUN
fbem-21417	159	49	advantages	advantage	NOUN
fbem-21417	159	50	by	by	ADP
fbem-21417	159	51	improving	improve	VERB
fbem-21417	159	52	their	their	PRON
fbem-21417	159	53	esg	esg	NOUN
fbem-21417	159	54	performance	performance	NOUN
fbem-21417	159	55	.	.	PUNCT
fbem-21417	160	1	of	of	ADP
fbem-21417	160	2	course	course	NOUN
fbem-21417	160	3	,	,	PUNCT
fbem-21417	160	4	this	this	DET
fbem-21417	160	5	study	study	NOUN
fbem-21417	160	6	still	still	ADV
fbem-21417	160	7	has	have	VERB
fbem-21417	160	8	some	some	DET
fbem-21417	160	9	limitations	limitation	NOUN
fbem-21417	160	10	,	,	PUNCT
fbem-21417	160	11	such	such	ADJ
fbem-21417	160	12	as	as	ADP
fbem-21417	160	13	only	only	ADV
fbem-21417	160	14	selected	select	VERB
fbem-21417	160	15	listed	list	VERB
fbem-21417	160	16	companies	company	NOUN
fbem-21417	160	17	in	in	ADP
fbem-21417	160	18	china	china	PROPN
fbem-21417	160	19	's	's	PART
fbem-21417	160	20	mining	mining	NOUN
fbem-21417	160	21	industry	industry	NOUN
fbem-21417	160	22	as	as	ADP
fbem-21417	160	23	the	the	DET
fbem-21417	160	24	research	research	NOUN
fbem-21417	160	25	object	object	NOUN
fbem-21417	160	26	.	.	PUNCT
fbem-21417	161	1	in	in	ADP
fbem-21417	161	2	future	future	ADJ
fbem-21417	161	3	studies	study	NOUN
fbem-21417	161	4	,	,	PUNCT
fbem-21417	161	5	the	the	DET
fbem-21417	161	6	sample	sample	NOUN
fbem-21417	161	7	range	range	NOUN
fbem-21417	161	8	will	will	AUX
fbem-21417	161	9	be	be	AUX
fbem-21417	161	10	expanded	expand	VERB
fbem-21417	161	11	to	to	PART
fbem-21417	161	12	verify	verify	VERB
fbem-21417	161	13	the	the	DET
fbem-21417	161	14	generalizability	generalizability	NOUN
fbem-21417	161	15	of	of	ADP
fbem-21417	161	16	the	the	DET
fbem-21417	161	17	findings	finding	NOUN
fbem-21417	161	18	.	.	PUNCT
fbem-21417	162	1	meanwhile	meanwhile	ADV
fbem-21417	162	2	,	,	PUNCT
fbem-21417	162	3	it	it	PRON
fbem-21417	162	4	is	be	AUX
fbem-21417	162	5	found	find	VERB
fbem-21417	162	6	in	in	ADP
fbem-21417	162	7	this	this	DET
fbem-21417	162	8	study	study	NOUN
fbem-21417	162	9	that	that	SCONJ
fbem-21417	162	10	since	since	SCONJ
fbem-21417	162	11	the	the	DET
fbem-21417	162	12	performance	performance	NOUN
fbem-21417	162	13	of	of	ADP
fbem-21417	162	14	corporate	corporate	ADJ
fbem-21417	162	15	esg	esg	PROPN
fbem-21417	162	16	is	be	AUX
fbem-21417	162	17	also	also	ADV
fbem-21417	162	18	affected	affect	VERB
fbem-21417	162	19	by	by	ADP
fbem-21417	162	20	many	many	ADJ
fbem-21417	162	21	other	other	ADJ
fbem-21417	162	22	factors	factor	NOUN
fbem-21417	162	23	,	,	PUNCT
fbem-21417	162	24	other	other	ADJ
fbem-21417	162	25	factors	factor	NOUN
fbem-21417	162	26	of	of	ADP
fbem-21417	162	27	the	the	DET
fbem-21417	162	28	relationship	relationship	NOUN
fbem-21417	162	29	between	between	ADP
fbem-21417	162	30	corporate	corporate	ADJ
fbem-21417	162	31	esg	esg	NOUN
fbem-21417	162	32	performance	performance	NOUN
fbem-21417	162	33	and	and	CCONJ
fbem-21417	162	34	financial	financial	ADJ
fbem-21417	162	35	performance	performance	NOUN
fbem-21417	162	36	will	will	AUX
fbem-21417	162	37	be	be	AUX
fbem-21417	162	38	further	far	ADV
fbem-21417	162	39	investigated	investigate	VERB
fbem-21417	162	40	in	in	ADP
fbem-21417	162	41	future	future	ADJ
fbem-21417	162	42	studies	study	NOUN
fbem-21417	162	43	.	.	PUNCT
fbem-21417	163	1	6.2	6.2	NUM
fbem-21417	163	2	.	.	PUNCT
fbem-21417	163	3	suggestions	suggestion	NOUN
fbem-21417	163	4	(	(	PUNCT
fbem-21417	163	5	1	1	X
fbem-21417	163	6	)	)	PUNCT
fbem-21417	163	7	the	the	DET
fbem-21417	163	8	government	government	NOUN
fbem-21417	163	9	and	and	CCONJ
fbem-21417	163	10	relevant	relevant	ADJ
fbem-21417	163	11	departments	department	NOUN
fbem-21417	163	12	should	should	AUX
fbem-21417	163	13	strengthen	strengthen	VERB
fbem-21417	163	14	the	the	DET
fbem-21417	163	15	esg	esg	PROPN
fbem-21417	163	16	information	information	NOUN
fbem-21417	163	17	disclosure	disclosure	NOUN
fbem-21417	163	18	requirements	requirement	NOUN
fbem-21417	163	19	for	for	ADP
fbem-21417	163	20	enterprises	enterprise	NOUN
fbem-21417	163	21	in	in	ADP
fbem-21417	163	22	the	the	DET
fbem-21417	163	23	mining	mining	NOUN
fbem-21417	163	24	industry	industry	NOUN
fbem-21417	163	25	,	,	PUNCT
fbem-21417	163	26	improve	improve	VERB
fbem-21417	163	27	the	the	DET
fbem-21417	163	28	esg	esg	PROPN
fbem-21417	163	29	-	-	PUNCT
fbem-21417	163	30	related	relate	VERB
fbem-21417	163	31	institutional	institutional	ADJ
fbem-21417	163	32	development	development	NOUN
fbem-21417	163	33	.	.	PUNCT
fbem-21417	164	1	according	accord	VERB
fbem-21417	164	2	to	to	ADP
fbem-21417	164	3	the	the	DET
fbem-21417	164	4	descriptive	descriptive	ADJ
fbem-21417	164	5	statistics	statistic	NOUN
fbem-21417	164	6	,	,	PUNCT
fbem-21417	164	7	there	there	PRON
fbem-21417	164	8	is	be	VERB
fbem-21417	164	9	a	a	DET
fbem-21417	164	10	big	big	ADJ
fbem-21417	164	11	difference	difference	NOUN
fbem-21417	164	12	in	in	ADP
fbem-21417	164	13	esg	esg	PROPN
fbem-21417	164	14	disclosure	disclosure	NOUN
fbem-21417	164	15	among	among	ADP
fbem-21417	164	16	mining	mining	NOUN
fbem-21417	164	17	enterprises	enterprise	NOUN
fbem-21417	164	18	,	,	PUNCT
fbem-21417	164	19	and	and	CCONJ
fbem-21417	164	20	enterprises	enterprise	NOUN
fbem-21417	164	21	still	still	ADV
fbem-21417	164	22	mainly	mainly	ADV
fbem-21417	164	23	disclose	disclose	VERB
fbem-21417	164	24	esg	esg	PROPN
fbem-21417	164	25	information	information	NOUN
fbem-21417	164	26	voluntarily	voluntarily	ADV
fbem-21417	164	27	.	.	PUNCT
fbem-21417	165	1	therefore	therefore	ADV
fbem-21417	165	2	,	,	PUNCT
fbem-21417	165	3	relevant	relevant	ADJ
fbem-21417	165	4	government	government	NOUN
fbem-21417	165	5	regulators	regulator	NOUN
fbem-21417	165	6	should	should	AUX
fbem-21417	165	7	continuously	continuously	ADV
fbem-21417	165	8	improve	improve	VERB
fbem-21417	165	9	the	the	DET
fbem-21417	165	10	regulatory	regulatory	ADJ
fbem-21417	165	11	mechanism	mechanism	NOUN
fbem-21417	165	12	to	to	PART
fbem-21417	165	13	reduce	reduce	VERB
fbem-21417	165	14	the	the	DET
fbem-21417	165	15	132	132	NUM
fbem-21417	165	16	short	short	ADJ
fbem-21417	165	17	-	-	PUNCT
fbem-21417	165	18	sighted	sighted	ADJ
fbem-21417	165	19	behavior	behavior	NOUN
fbem-21417	165	20	of	of	ADP
fbem-21417	165	21	enterprises	enterprise	NOUN
fbem-21417	165	22	,	,	PUNCT
fbem-21417	165	23	establish	establish	VERB
fbem-21417	165	24	esg	esg	PROPN
fbem-21417	165	25	information	information	NOUN
fbem-21417	165	26	disclosure	disclosure	NOUN
fbem-21417	165	27	norms	norm	NOUN
fbem-21417	165	28	,	,	PUNCT
fbem-21417	165	29	improve	improve	VERB
fbem-21417	165	30	the	the	DET
fbem-21417	165	31	evaluation	evaluation	NOUN
fbem-21417	165	32	index	index	NOUN
fbem-21417	165	33	system	system	NOUN
fbem-21417	165	34	,	,	PUNCT
fbem-21417	165	35	attract	attract	VERB
fbem-21417	165	36	more	more	ADJ
fbem-21417	165	37	enterprises	enterprise	NOUN
fbem-21417	165	38	to	to	PART
fbem-21417	165	39	take	take	VERB
fbem-21417	165	40	the	the	DET
fbem-21417	165	41	initiative	initiative	NOUN
fbem-21417	165	42	to	to	PART
fbem-21417	165	43	make	make	VERB
fbem-21417	165	44	esg	esg	NOUN
fbem-21417	165	45	-	-	PUNCT
fbem-21417	165	46	related	relate	VERB
fbem-21417	165	47	investments	investment	NOUN
fbem-21417	165	48	,	,	PUNCT
fbem-21417	165	49	and	and	CCONJ
fbem-21417	165	50	create	create	VERB
fbem-21417	165	51	a	a	DET
fbem-21417	165	52	market	market	NOUN
fbem-21417	165	53	atmosphere	atmosphere	NOUN
fbem-21417	165	54	of	of	ADP
fbem-21417	165	55	active	active	ADJ
fbem-21417	165	56	esg	esg	NOUN
fbem-21417	165	57	disclosure	disclosure	NOUN
fbem-21417	165	58	,	,	PUNCT
fbem-21417	165	59	so	so	SCONJ
fbem-21417	165	60	as	as	SCONJ
fbem-21417	165	61	to	to	PART
fbem-21417	165	62	realize	realize	VERB
fbem-21417	165	63	a	a	DET
fbem-21417	165	64	benign	benign	ADJ
fbem-21417	165	65	industry	industry	NOUN
fbem-21417	165	66	loop	loop	NOUN
fbem-21417	165	67	.	.	PUNCT
fbem-21417	166	1	at	at	ADP
fbem-21417	166	2	the	the	DET
fbem-21417	166	3	same	same	ADJ
fbem-21417	166	4	time	time	NOUN
fbem-21417	166	5	,	,	PUNCT
fbem-21417	166	6	relevant	relevant	ADJ
fbem-21417	166	7	organizations	organization	NOUN
fbem-21417	166	8	should	should	AUX
fbem-21417	166	9	incorporate	incorporate	VERB
fbem-21417	166	10	esg	esg	PROPN
fbem-21417	166	11	disclosure	disclosure	NOUN
fbem-21417	166	12	into	into	ADP
fbem-21417	166	13	relevant	relevant	ADJ
fbem-21417	166	14	laws	law	NOUN
fbem-21417	166	15	and	and	CCONJ
fbem-21417	166	16	regulations	regulation	NOUN
fbem-21417	166	17	,	,	PUNCT
fbem-21417	166	18	improve	improve	VERB
fbem-21417	166	19	the	the	DET
fbem-21417	166	20	esg	esg	NOUN
fbem-21417	166	21	disclosure	disclosure	NOUN
fbem-21417	166	22	system	system	NOUN
fbem-21417	166	23	,	,	PUNCT
fbem-21417	166	24	and	and	CCONJ
fbem-21417	166	25	establish	establish	VERB
fbem-21417	166	26	a	a	DET
fbem-21417	166	27	unified	unified	ADJ
fbem-21417	166	28	esg	esg	NOUN
fbem-21417	166	29	disclosure	disclosure	NOUN
fbem-21417	166	30	standard	standard	NOUN
fbem-21417	166	31	and	and	CCONJ
fbem-21417	166	32	framework	framework	NOUN
fbem-21417	166	33	.	.	PUNCT
fbem-21417	167	1	increase	increase	VERB
fbem-21417	167	2	the	the	DET
fbem-21417	167	3	supervision	supervision	NOUN
fbem-21417	167	4	of	of	ADP
fbem-21417	167	5	esg	esg	PROPN
fbem-21417	167	6	disclosure	disclosure	NOUN
fbem-21417	167	7	,	,	PUNCT
fbem-21417	167	8	and	and	CCONJ
fbem-21417	167	9	provide	provide	VERB
fbem-21417	167	10	incentives	incentive	NOUN
fbem-21417	167	11	and	and	CCONJ
fbem-21417	167	12	penalties	penalty	NOUN
fbem-21417	167	13	according	accord	VERB
fbem-21417	167	14	to	to	ADP
fbem-21417	167	15	the	the	DET
fbem-21417	167	16	esg	esg	NOUN
fbem-21417	167	17	performance	performance	NOUN
fbem-21417	167	18	of	of	ADP
fbem-21417	167	19	enterprises	enterprise	NOUN
fbem-21417	167	20	to	to	PART
fbem-21417	167	21	improve	improve	VERB
fbem-21417	167	22	their	their	PRON
fbem-21417	167	23	esg	esg	NOUN
fbem-21417	167	24	performance	performance	NOUN
fbem-21417	167	25	.	.	PUNCT
fbem-21417	168	1	at	at	ADP
fbem-21417	168	2	the	the	DET
fbem-21417	168	3	same	same	ADJ
fbem-21417	168	4	time	time	NOUN
fbem-21417	168	5	,	,	PUNCT
fbem-21417	168	6	give	give	VERB
fbem-21417	168	7	full	full	ADJ
fbem-21417	168	8	play	play	NOUN
fbem-21417	168	9	to	to	ADP
fbem-21417	168	10	the	the	DET
fbem-21417	168	11	market	market	NOUN
fbem-21417	168	12	mechanism	mechanism	NOUN
fbem-21417	168	13	to	to	PART
fbem-21417	168	14	raise	raise	VERB
fbem-21417	168	15	the	the	DET
fbem-21417	168	16	importance	importance	NOUN
fbem-21417	168	17	of	of	ADP
fbem-21417	168	18	commercial	commercial	ADJ
fbem-21417	168	19	banks	bank	NOUN
fbem-21417	168	20	and	and	CCONJ
fbem-21417	168	21	other	other	ADJ
fbem-21417	168	22	financial	financial	ADJ
fbem-21417	168	23	and	and	CCONJ
fbem-21417	168	24	investment	investment	NOUN
fbem-21417	168	25	institutions	institution	NOUN
fbem-21417	168	26	on	on	ADP
fbem-21417	168	27	esg	esg	PROPN
fbem-21417	168	28	responsible	responsible	ADJ
fbem-21417	168	29	investment	investment	NOUN
fbem-21417	168	30	,	,	PUNCT
fbem-21417	168	31	and	and	CCONJ
fbem-21417	168	32	encourage	encourage	VERB
fbem-21417	168	33	and	and	CCONJ
fbem-21417	168	34	guide	guide	VERB
fbem-21417	168	35	them	they	PRON
fbem-21417	168	36	to	to	PART
fbem-21417	168	37	increase	increase	VERB
fbem-21417	168	38	their	their	PRON
fbem-21417	168	39	esg	esg	NOUN
fbem-21417	168	40	investment	investment	NOUN
fbem-21417	168	41	in	in	ADP
fbem-21417	168	42	the	the	DET
fbem-21417	168	43	mining	mining	NOUN
fbem-21417	168	44	industry	industry	NOUN
fbem-21417	168	45	,	,	PUNCT
fbem-21417	168	46	so	so	SCONJ
fbem-21417	168	47	as	as	SCONJ
fbem-21417	168	48	to	to	PART
fbem-21417	168	49	help	help	VERB
fbem-21417	168	50	mining	mining	NOUN
fbem-21417	168	51	enterprises	enterprise	NOUN
fbem-21417	168	52	realize	realize	VERB
fbem-21417	168	53	sustainable	sustainable	ADJ
fbem-21417	168	54	development	development	NOUN
fbem-21417	168	55	.	.	PUNCT
fbem-21417	169	1	the	the	DET
fbem-21417	169	2	relevant	relevant	ADJ
fbem-21417	169	3	government	government	NOUN
fbem-21417	169	4	regulatory	regulatory	ADJ
fbem-21417	169	5	agencies	agency	NOUN
fbem-21417	169	6	can	can	AUX
fbem-21417	169	7	provide	provide	VERB
fbem-21417	169	8	subsidies	subsidy	NOUN
fbem-21417	169	9	or	or	CCONJ
fbem-21417	169	10	other	other	ADJ
fbem-21417	169	11	preferential	preferential	ADJ
fbem-21417	169	12	policies	policy	NOUN
fbem-21417	169	13	to	to	ADP
fbem-21417	169	14	enterprises	enterprise	NOUN
fbem-21417	169	15	that	that	PRON
fbem-21417	169	16	actively	actively	ADV
fbem-21417	169	17	fulfill	fulfill	VERB
fbem-21417	169	18	and	and	CCONJ
fbem-21417	169	19	disclose	disclose	VERB
fbem-21417	169	20	environmental	environmental	ADJ
fbem-21417	169	21	information	information	NOUN
fbem-21417	169	22	,	,	PUNCT
fbem-21417	169	23	so	so	SCONJ
fbem-21417	169	24	as	as	SCONJ
fbem-21417	169	25	to	to	PART
fbem-21417	169	26	promote	promote	VERB
fbem-21417	169	27	enterprises	enterprise	NOUN
fbem-21417	169	28	to	to	PART
fbem-21417	169	29	increase	increase	VERB
fbem-21417	169	30	the	the	DET
fbem-21417	169	31	enthusiasm	enthusiasm	NOUN
fbem-21417	169	32	of	of	ADP
fbem-21417	169	33	esg	esg	PROPN
fbem-21417	169	34	disclosure	disclosure	NOUN
fbem-21417	169	35	.	.	PUNCT
fbem-21417	170	1	provide	provide	VERB
fbem-21417	170	2	support	support	NOUN
fbem-21417	170	3	to	to	ADP
fbem-21417	170	4	enterprises	enterprise	NOUN
fbem-21417	170	5	that	that	PRON
fbem-21417	170	6	actively	actively	ADV
fbem-21417	170	7	disclose	disclose	VERB
fbem-21417	170	8	esg	esg	PROPN
fbem-21417	170	9	information	information	NOUN
fbem-21417	170	10	,	,	PUNCT
fbem-21417	170	11	such	such	ADJ
fbem-21417	170	12	as	as	ADP
fbem-21417	170	13	lowering	lower	VERB
fbem-21417	170	14	the	the	DET
fbem-21417	170	15	cost	cost	NOUN
fbem-21417	170	16	of	of	ADP
fbem-21417	170	17	corporate	corporate	ADJ
fbem-21417	170	18	finance	finance	NOUN
fbem-21417	170	19	,	,	PUNCT
fbem-21417	170	20	tax	tax	NOUN
fbem-21417	170	21	breaks	break	NOUN
fbem-21417	170	22	and	and	CCONJ
fbem-21417	170	23	other	other	ADJ
fbem-21417	170	24	incentives	incentive	NOUN
fbem-21417	170	25	,	,	PUNCT
fbem-21417	170	26	to	to	PART
fbem-21417	170	27	advocate	advocate	VERB
fbem-21417	170	28	the	the	DET
fbem-21417	170	29	sustainable	sustainable	ADJ
fbem-21417	170	30	green	green	ADJ
fbem-21417	170	31	development	development	NOUN
fbem-21417	170	32	of	of	ADP
fbem-21417	170	33	the	the	DET
fbem-21417	170	34	industry	industry	NOUN
fbem-21417	170	35	.	.	PUNCT
fbem-21417	171	1	(	(	PUNCT
fbem-21417	171	2	2	2	X
fbem-21417	171	3	)	)	PUNCT
fbem-21417	171	4	mining	mining	NOUN
fbem-21417	171	5	companies	company	NOUN
fbem-21417	171	6	should	should	AUX
fbem-21417	171	7	improve	improve	VERB
fbem-21417	171	8	esg	esg	PROPN
fbem-21417	171	9	information	information	NOUN
fbem-21417	171	10	disclosure	disclosure	NOUN
fbem-21417	171	11	and	and	CCONJ
fbem-21417	171	12	integrate	integrate	VERB
fbem-21417	171	13	esg	esg	PROPN
fbem-21417	171	14	concepts	concept	NOUN
fbem-21417	171	15	into	into	ADP
fbem-21417	171	16	their	their	PRON
fbem-21417	171	17	production	production	NOUN
fbem-21417	171	18	and	and	CCONJ
fbem-21417	171	19	operation	operation	NOUN
fbem-21417	171	20	.	.	PUNCT
fbem-21417	172	1	as	as	ADP
fbem-21417	172	2	enjoyers	enjoyer	NOUN
fbem-21417	172	3	of	of	ADP
fbem-21417	172	4	social	social	ADJ
fbem-21417	172	5	resources	resource	NOUN
fbem-21417	172	6	,	,	PUNCT
fbem-21417	172	7	enterprises	enterprise	NOUN
fbem-21417	172	8	should	should	AUX
fbem-21417	172	9	assume	assume	VERB
fbem-21417	172	10	social	social	ADJ
fbem-21417	172	11	responsibility	responsibility	NOUN
fbem-21417	172	12	on	on	ADP
fbem-21417	172	13	a	a	DET
fbem-21417	172	14	wider	wide	ADJ
fbem-21417	172	15	scale	scale	NOUN
fbem-21417	172	16	.	.	PUNCT
fbem-21417	173	1	consciously	consciously	ADV
fbem-21417	173	2	fulfilling	fulfil	VERB
fbem-21417	173	3	esg	esg	NOUN
fbem-21417	173	4	responsibilities	responsibility	NOUN
fbem-21417	173	5	can	can	AUX
fbem-21417	173	6	not	not	PART
fbem-21417	173	7	only	only	ADV
fbem-21417	173	8	improve	improve	VERB
fbem-21417	173	9	the	the	DET
fbem-21417	173	10	financial	financial	ADJ
fbem-21417	173	11	performance	performance	NOUN
fbem-21417	173	12	of	of	ADP
fbem-21417	173	13	enterprises	enterprise	NOUN
fbem-21417	173	14	,	,	PUNCT
fbem-21417	173	15	but	but	CCONJ
fbem-21417	173	16	also	also	ADV
fbem-21417	173	17	increase	increase	VERB
fbem-21417	173	18	the	the	DET
fbem-21417	173	19	noneconomic	noneconomic	ADJ
fbem-21417	173	20	benefits	benefit	NOUN
fbem-21417	173	21	for	for	ADP
fbem-21417	173	22	stakeholders	stakeholder	NOUN
fbem-21417	173	23	.	.	PUNCT
fbem-21417	174	1	mining	mining	NOUN
fbem-21417	174	2	enterprises	enterprise	NOUN
fbem-21417	174	3	,	,	PUNCT
fbem-21417	174	4	as	as	ADP
fbem-21417	174	5	entities	entity	NOUN
fbem-21417	174	6	that	that	PRON
fbem-21417	174	7	consume	consume	VERB
fbem-21417	174	8	natural	natural	ADJ
fbem-21417	174	9	resources	resource	NOUN
fbem-21417	174	10	and	and	CCONJ
fbem-21417	174	11	emit	emit	NOUN
fbem-21417	174	12	pollution	pollution	NOUN
fbem-21417	174	13	,	,	PUNCT
fbem-21417	174	14	can	can	AUX
fbem-21417	174	15	only	only	ADV
fbem-21417	174	16	respond	respond	VERB
fbem-21417	174	17	to	to	ADP
fbem-21417	174	18	the	the	DET
fbem-21417	174	19	development	development	NOUN
fbem-21417	174	20	of	of	ADP
fbem-21417	174	21	society	society	NOUN
fbem-21417	174	22	and	and	CCONJ
fbem-21417	174	23	gain	gain	VERB
fbem-21417	174	24	new	new	ADJ
fbem-21417	174	25	vitality	vitality	NOUN
fbem-21417	174	26	by	by	ADP
fbem-21417	174	27	reshaping	reshape	VERB
fbem-21417	174	28	their	their	PRON
fbem-21417	174	29	concept	concept	NOUN
fbem-21417	174	30	of	of	ADP
fbem-21417	174	31	sustainable	sustainable	ADJ
fbem-21417	174	32	development	development	NOUN
fbem-21417	174	33	and	and	CCONJ
fbem-21417	174	34	increasing	increase	VERB
fbem-21417	174	35	their	their	PRON
fbem-21417	174	36	investment	investment	NOUN
fbem-21417	174	37	in	in	ADP
fbem-21417	174	38	esg	esg	PROPN
fbem-21417	174	39	practices	practice	NOUN
fbem-21417	174	40	.	.	PUNCT
fbem-21417	175	1	esg	esg	NOUN
fbem-21417	175	2	disclosure	disclosure	NOUN
fbem-21417	175	3	can	can	AUX
fbem-21417	175	4	reflect	reflect	VERB
fbem-21417	175	5	the	the	DET
fbem-21417	175	6	future	future	ADJ
fbem-21417	175	7	development	development	NOUN
fbem-21417	175	8	prospects	prospect	NOUN
fbem-21417	175	9	of	of	ADP
fbem-21417	175	10	an	an	DET
fbem-21417	175	11	enterprise	enterprise	NOUN
fbem-21417	175	12	,	,	PUNCT
fbem-21417	175	13	and	and	CCONJ
fbem-21417	175	14	active	active	ADJ
fbem-21417	175	15	fulfillment	fulfillment	NOUN
fbem-21417	175	16	of	of	ADP
fbem-21417	175	17	esg	esg	PROPN
fbem-21417	175	18	responsibility	responsibility	NOUN
fbem-21417	175	19	is	be	AUX
fbem-21417	175	20	the	the	DET
fbem-21417	175	21	right	right	ADJ
fbem-21417	175	22	choice	choice	NOUN
fbem-21417	175	23	for	for	ADP
fbem-21417	175	24	long	long	ADJ
fbem-21417	175	25	-	-	PUNCT
fbem-21417	175	26	term	term	NOUN
fbem-21417	175	27	development	development	NOUN
fbem-21417	175	28	of	of	ADP
fbem-21417	175	29	an	an	DET
fbem-21417	175	30	enterprise	enterprise	NOUN
fbem-21417	175	31	.	.	PUNCT
fbem-21417	176	1	based	base	VERB
fbem-21417	176	2	on	on	ADP
fbem-21417	176	3	the	the	DET
fbem-21417	176	4	costbenefit	costbenefit	NOUN
fbem-21417	176	5	theory	theory	NOUN
fbem-21417	176	6	,	,	PUNCT
fbem-21417	176	7	the	the	DET
fbem-21417	176	8	fulfillment	fulfillment	NOUN
fbem-21417	176	9	of	of	ADP
fbem-21417	176	10	esg	esg	PROPN
fbem-21417	176	11	responsibility	responsibility	NOUN
fbem-21417	176	12	requires	require	VERB
fbem-21417	176	13	a	a	DET
fbem-21417	176	14	large	large	ADJ
fbem-21417	176	15	amount	amount	NOUN
fbem-21417	176	16	of	of	ADP
fbem-21417	176	17	direct	direct	ADJ
fbem-21417	176	18	capital	capital	NOUN
fbem-21417	176	19	investment	investment	NOUN
fbem-21417	176	20	,	,	PUNCT
fbem-21417	176	21	which	which	PRON
fbem-21417	176	22	increases	increase	VERB
fbem-21417	176	23	the	the	DET
fbem-21417	176	24	cost	cost	NOUN
fbem-21417	176	25	of	of	ADP
fbem-21417	176	26	the	the	DET
fbem-21417	176	27	enterprise	enterprise	NOUN
fbem-21417	176	28	to	to	ADP
fbem-21417	176	29	a	a	DET
fbem-21417	176	30	certain	certain	ADJ
fbem-21417	176	31	extent	extent	NOUN
fbem-21417	176	32	,	,	PUNCT
fbem-21417	176	33	and	and	CCONJ
fbem-21417	176	34	may	may	AUX
fbem-21417	176	35	cause	cause	VERB
fbem-21417	176	36	the	the	DET
fbem-21417	176	37	enterprise	enterprise	NOUN
fbem-21417	176	38	to	to	PART
fbem-21417	176	39	fall	fall	VERB
fbem-21417	176	40	into	into	ADP
fbem-21417	176	41	a	a	DET
fbem-21417	176	42	situation	situation	NOUN
fbem-21417	176	43	of	of	ADP
fbem-21417	176	44	high	high	ADJ
fbem-21417	176	45	uncertainty	uncertainty	NOUN
fbem-21417	176	46	.	.	PUNCT
fbem-21417	177	1	therefore	therefore	ADV
fbem-21417	177	2	,	,	PUNCT
fbem-21417	177	3	mining	mining	NOUN
fbem-21417	177	4	enterprises	enterprise	NOUN
fbem-21417	177	5	should	should	AUX
fbem-21417	177	6	improve	improve	VERB
fbem-21417	177	7	the	the	DET
fbem-21417	177	8	corporate	corporate	ADJ
fbem-21417	177	9	governance	governance	NOUN
fbem-21417	177	10	system	system	NOUN
fbem-21417	177	11	,	,	PUNCT
fbem-21417	177	12	clarify	clarify	VERB
fbem-21417	177	13	the	the	DET
fbem-21417	177	14	responsibility	responsibility	NOUN
fbem-21417	177	15	of	of	ADP
fbem-21417	177	16	esg	esg	PROPN
fbem-21417	177	17	strategy	strategy	NOUN
fbem-21417	177	18	deployment	deployment	NOUN
fbem-21417	177	19	of	of	ADP
fbem-21417	177	20	the	the	DET
fbem-21417	177	21	board	board	NOUN
fbem-21417	177	22	of	of	ADP
fbem-21417	177	23	directors	director	NOUN
fbem-21417	177	24	,	,	PUNCT
fbem-21417	177	25	and	and	CCONJ
fbem-21417	177	26	incorporate	incorporate	VERB
fbem-21417	177	27	it	it	PRON
fbem-21417	177	28	into	into	ADP
fbem-21417	177	29	the	the	DET
fbem-21417	177	30	performance	performance	NOUN
fbem-21417	177	31	appraisal	appraisal	NOUN
fbem-21417	177	32	of	of	ADP
fbem-21417	177	33	executives	executive	NOUN
fbem-21417	177	34	.	.	PUNCT
fbem-21417	178	1	in	in	ADP
fbem-21417	178	2	addition	addition	NOUN
fbem-21417	178	3	,	,	PUNCT
fbem-21417	178	4	through	through	ADP
fbem-21417	178	5	the	the	DET
fbem-21417	178	6	linkage	linkage	NOUN
fbem-21417	178	7	of	of	ADP
fbem-21417	178	8	incentives	incentive	NOUN
fbem-21417	178	9	and	and	CCONJ
fbem-21417	178	10	constraints	constraint	NOUN
fbem-21417	178	11	,	,	PUNCT
fbem-21417	178	12	internal	internal	ADJ
fbem-21417	178	13	principal	principal	ADJ
fbem-21417	178	14	-	-	PUNCT
fbem-21417	178	15	agent	agent	NOUN
fbem-21417	178	16	conflicts	conflict	NOUN
fbem-21417	178	17	can	can	AUX
fbem-21417	178	18	be	be	AUX
fbem-21417	178	19	mitigated	mitigate	VERB
fbem-21417	178	20	,	,	PUNCT
fbem-21417	178	21	so	so	SCONJ
fbem-21417	178	22	that	that	SCONJ
fbem-21417	178	23	the	the	DET
fbem-21417	178	24	management	management	NOUN
fbem-21417	178	25	of	of	ADP
fbem-21417	178	26	the	the	DET
fbem-21417	178	27	enterprise	enterprise	NOUN
fbem-21417	178	28	can	can	AUX
fbem-21417	178	29	prioritize	prioritize	VERB
fbem-21417	178	30	the	the	DET
fbem-21417	178	31	fulfillment	fulfillment	NOUN
fbem-21417	178	32	of	of	ADP
fbem-21417	178	33	esg	esg	NOUN
fbem-21417	178	34	responsibilities	responsibility	NOUN
fbem-21417	178	35	in	in	ADP
fbem-21417	178	36	decisionmaking	decisionmake	VERB
fbem-21417	178	37	and	and	CCONJ
fbem-21417	178	38	contribute	contribute	VERB
fbem-21417	178	39	to	to	ADP
fbem-21417	178	40	the	the	DET
fbem-21417	178	41	sustainable	sustainable	ADJ
fbem-21417	178	42	development	development	NOUN
fbem-21417	178	43	of	of	ADP
fbem-21417	178	44	the	the	DET
fbem-21417	178	45	enterprise	enterprise	NOUN
fbem-21417	178	46	.	.	PUNCT
fbem-21417	179	1	(	(	PUNCT
fbem-21417	179	2	3	3	X
fbem-21417	179	3	)	)	PUNCT
fbem-21417	179	4	private	private	ADJ
fbem-21417	179	5	companies	company	NOUN
fbem-21417	179	6	in	in	ADP
fbem-21417	179	7	the	the	DET
fbem-21417	179	8	mining	mining	NOUN
fbem-21417	179	9	sector	sector	NOUN
fbem-21417	179	10	should	should	AUX
fbem-21417	179	11	actively	actively	ADV
fbem-21417	179	12	participate	participate	VERB
fbem-21417	179	13	in	in	ADP
fbem-21417	179	14	esg	esg	NOUN
fbem-21417	179	15	practices	practice	NOUN
fbem-21417	179	16	compared	compare	VERB
fbem-21417	179	17	with	with	ADP
fbem-21417	179	18	private	private	ADJ
fbem-21417	179	19	enterprises	enterprise	NOUN
fbem-21417	179	20	,	,	PUNCT
fbem-21417	179	21	soes	soe	NOUN
fbem-21417	179	22	are	be	AUX
fbem-21417	179	23	affected	affect	VERB
fbem-21417	179	24	by	by	ADP
fbem-21417	179	25	more	more	ADJ
fbem-21417	179	26	factors	factor	NOUN
fbem-21417	179	27	and	and	CCONJ
fbem-21417	179	28	bear	bear	VERB
fbem-21417	179	29	more	more	ADJ
fbem-21417	179	30	social	social	ADJ
fbem-21417	179	31	responsibilities	responsibility	NOUN
fbem-21417	179	32	,	,	PUNCT
fbem-21417	179	33	which	which	PRON
fbem-21417	179	34	makes	make	VERB
fbem-21417	179	35	their	their	PRON
fbem-21417	179	36	esg	esg	NOUN
fbem-21417	179	37	performance	performance	NOUN
fbem-21417	179	38	better	well	ADJ
fbem-21417	179	39	than	than	ADP
fbem-21417	179	40	private	private	ADJ
fbem-21417	179	41	enterprises	enterprise	NOUN
fbem-21417	179	42	.	.	PUNCT
fbem-21417	180	1	therefore	therefore	ADV
fbem-21417	180	2	,	,	PUNCT
fbem-21417	180	3	according	accord	VERB
fbem-21417	180	4	to	to	ADP
fbem-21417	180	5	the	the	DET
fbem-21417	180	6	theory	theory	NOUN
fbem-21417	180	7	of	of	ADP
fbem-21417	180	8	diminishing	diminish	VERB
fbem-21417	180	9	marginal	marginal	ADJ
fbem-21417	180	10	utility	utility	NOUN
fbem-21417	180	11	,	,	PUNCT
fbem-21417	180	12	the	the	DET
fbem-21417	180	13	esg	esg	NOUN
fbem-21417	180	14	performance	performance	NOUN
fbem-21417	180	15	of	of	ADP
fbem-21417	180	16	private	private	ADJ
fbem-21417	180	17	enterprises	enterprise	NOUN
fbem-21417	180	18	has	have	VERB
fbem-21417	180	19	a	a	DET
fbem-21417	180	20	more	more	ADV
fbem-21417	180	21	significant	significant	ADJ
fbem-21417	180	22	effect	effect	NOUN
fbem-21417	180	23	on	on	ADP
fbem-21417	180	24	financial	financial	ADJ
fbem-21417	180	25	performance	performance	NOUN
fbem-21417	180	26	.	.	PUNCT
fbem-21417	181	1	the	the	DET
fbem-21417	181	2	active	active	ADJ
fbem-21417	181	3	participation	participation	NOUN
fbem-21417	181	4	of	of	ADP
fbem-21417	181	5	private	private	ADJ
fbem-21417	181	6	mining	mining	NOUN
fbem-21417	181	7	companies	company	NOUN
fbem-21417	181	8	in	in	ADP
fbem-21417	181	9	esg	esg	NOUN
fbem-21417	181	10	practices	practice	NOUN
fbem-21417	181	11	can	can	AUX
fbem-21417	181	12	convey	convey	VERB
fbem-21417	181	13	to	to	ADP
fbem-21417	181	14	external	external	ADJ
fbem-21417	181	15	stakeholders	stakeholder	NOUN
fbem-21417	181	16	that	that	SCONJ
fbem-21417	181	17	their	their	PRON
fbem-21417	181	18	internal	internal	ADJ
fbem-21417	181	19	operations	operation	NOUN
fbem-21417	181	20	are	be	AUX
fbem-21417	181	21	in	in	ADP
fbem-21417	181	22	good	good	ADJ
fbem-21417	181	23	shape	shape	NOUN
fbem-21417	181	24	,	,	PUNCT
fbem-21417	181	25	effectively	effectively	ADV
fbem-21417	181	26	express	express	VERB
fbem-21417	181	27	their	their	PRON
fbem-21417	181	28	adherence	adherence	NOUN
fbem-21417	181	29	to	to	ADP
fbem-21417	181	30	the	the	DET
fbem-21417	181	31	concept	concept	NOUN
fbem-21417	181	32	of	of	ADP
fbem-21417	181	33	sustainable	sustainable	ADJ
fbem-21417	181	34	development	development	NOUN
fbem-21417	181	35	,	,	PUNCT
fbem-21417	181	36	and	and	CCONJ
fbem-21417	181	37	gain	gain	VERB
fbem-21417	181	38	support	support	NOUN
fbem-21417	181	39	and	and	CCONJ
fbem-21417	181	40	recognition	recognition	NOUN
fbem-21417	181	41	from	from	ADP
fbem-21417	181	42	the	the	DET
fbem-21417	181	43	government	government	NOUN
fbem-21417	181	44	and	and	CCONJ
fbem-21417	181	45	the	the	DET
fbem-21417	181	46	public	public	NOUN
fbem-21417	181	47	.	.	PUNCT
fbem-21417	182	1	for	for	ADP
fbem-21417	182	2	state	state	NOUN
fbem-21417	182	3	-	-	PUNCT
fbem-21417	182	4	controlled	control	VERB
fbem-21417	182	5	mining	mining	NOUN
fbem-21417	182	6	companies	company	NOUN
fbem-21417	182	7	,	,	PUNCT
fbem-21417	182	8	the	the	DET
fbem-21417	182	9	government	government	NOUN
fbem-21417	182	10	and	and	CCONJ
fbem-21417	182	11	regulators	regulator	NOUN
fbem-21417	182	12	have	have	AUX
fbem-21417	182	13	not	not	PART
fbem-21417	182	14	been	be	AUX
fbem-21417	182	15	able	able	ADJ
fbem-21417	182	16	to	to	PART
fbem-21417	182	17	improve	improve	VERB
fbem-21417	182	18	their	their	PRON
fbem-21417	182	19	financial	financial	ADJ
fbem-21417	182	20	performance	performance	NOUN
fbem-21417	182	21	due	due	ADP
fbem-21417	182	22	to	to	ADP
fbem-21417	182	23	the	the	DET
fbem-21417	182	24	lack	lack	NOUN
fbem-21417	182	25	of	of	ADP
fbem-21417	182	26	obvious	obvious	ADJ
fbem-21417	182	27	effects	effect	NOUN
fbem-21417	182	28	of	of	ADP
fbem-21417	182	29	esg	esg	NOUN
fbem-21417	182	30	performance	performance	NOUN
fbem-21417	182	31	on	on	ADP
fbem-21417	182	32	financial	financial	ADJ
fbem-21417	182	33	performance	performance	NOUN
fbem-21417	182	34	.	.	PUNCT
fbem-21417	183	1	it	it	PRON
fbem-21417	183	2	should	should	AUX
fbem-21417	183	3	play	play	VERB
fbem-21417	183	4	a	a	DET
fbem-21417	183	5	guiding	guide	VERB
fbem-21417	183	6	role	role	NOUN
fbem-21417	183	7	and	and	CCONJ
fbem-21417	183	8	put	put	VERB
fbem-21417	183	9	appropriate	appropriate	ADJ
fbem-21417	183	10	external	external	ADJ
fbem-21417	183	11	pressure	pressure	NOUN
fbem-21417	183	12	on	on	ADP
fbem-21417	183	13	state	state	NOUN
fbem-21417	183	14	owned	own	VERB
fbem-21417	183	15	enterprises	enterprise	NOUN
fbem-21417	183	16	to	to	PART
fbem-21417	183	17	actively	actively	ADV
fbem-21417	183	18	participate	participate	VERB
fbem-21417	183	19	in	in	ADP
fbem-21417	183	20	esg	esg	NOUN
fbem-21417	183	21	practices	practice	NOUN
fbem-21417	183	22	.	.	PUNCT
fbem-21417	184	1	trample	trample	NOUN
fbem-21417	184	2	.	.	PUNCT
fbem-21417	185	1	references	reference	NOUN
fbem-21417	185	2	[	[	X
fbem-21417	185	3	1	1	NUM
fbem-21417	185	4	]	]	PUNCT
fbem-21417	185	5	business	business	NOUN
fbem-21417	185	6	road	road	NOUN
fbem-21417	185	7	rong	rong	PROPN
fbem-21417	186	1	green.report	green.report	VERB
fbem-21417	186	2	on	on	ADP
fbem-21417	186	3	esg	esg	NOUN
fbem-21417	186	4	rating	rating	NOUN
fbem-21417	186	5	analysis	analysis	NOUN
fbem-21417	186	6	of	of	ADP
fbem-21417	186	7	a	a	DET
fbem-21417	186	8	-	-	PUNCT
fbem-21417	186	9	share	share	NOUN
fbem-21417	186	10	listed	list	VERB
fbem-21417	186	11	companies	company	NOUN
fbem-21417	186	12	(	(	PUNCT
fbem-21417	186	13	2023)[r	2023)[r	NOUN
fbem-21417	186	14	]	]	PUNCT
fbem-21417	186	15	.	.	PUNCT
fbem-21417	187	1	2023	2023	NUM
fbem-21417	187	2	[	[	X
fbem-21417	187	3	2	2	NUM
fbem-21417	187	4	]	]	X
fbem-21417	187	5	luo	luo	PROPN
fbem-21417	187	6	,	,	PUNCT
fbem-21417	187	7	jinghua	jinghua	PROPN
fbem-21417	187	8	,	,	PUNCT
fbem-21417	187	9	zhao	zhao	PROPN
fbem-21417	187	10	,	,	PUNCT
fbem-21417	187	11	boya.esg	boya.esg	NOUN
fbem-21417	187	12	performance	performance	NOUN
fbem-21417	187	13	and	and	CCONJ
fbem-21417	187	14	firms	firm	NOUN
fbem-21417	187	15	'	'	PART
fbem-21417	187	16	shorttermfinancial	shorttermfinancial	ADJ
fbem-21417	187	17	performance	performance	NOUN
fbem-21417	187	18	:	:	PUNCT
fbem-21417	187	19	moderating	moderate	VERB
fbem-21417	187	20	effects	effect	NOUN
fbem-21417	187	21	based	base	VERB
fbem-21417	187	22	on	on	ADP
fbem-21417	187	23	institutional	institutional	ADJ
fbem-21417	187	24	environment	environment	NOUN
fbem-21417	187	25	test[j	test[j	NOUN
fbem-21417	187	26	]	]	PUNCT
fbem-21417	187	27	.	.	PUNCT
fbem-21417	188	1	wuhan	wuhan	PROPN
fbem-21417	188	2	finance	finance	PROPN
fbem-21417	188	3	,	,	PUNCT
fbem-21417	188	4	2022(7):20	2022(7):20	NOUN
fbem-21417	188	5	28	28	NUM
fbem-21417	188	6	.	.	PUNCT
fbem-21417	189	1	[	[	X
fbem-21417	189	2	3	3	NUM
fbem-21417	189	3	]	]	PUNCT
fbem-21417	189	4	atanr	atanr	NOUN
fbem-21417	189	5	,	,	PUNCT
fbem-21417	189	6	alammm	alammm	PROPN
fbem-21417	189	7	,	,	PUNCT
fbem-21417	189	8	saidj	saidj	ADJ
fbem-21417	189	9	,	,	PUNCT
fbem-21417	189	10	etal	etal	NOUN
fbem-21417	189	11	.	.	PUNCT
fbem-21417	190	1	the	the	DET
fbem-21417	190	2	impact	impact	NOUN
fbem-21417	190	3	s	s	X
fbem-21417	190	4	of	of	ADP
fbem-21417	190	5	environmental	environmental	ADJ
fbem-21417	190	6	,	,	PUNCT
fbem-21417	190	7	social	social	ADJ
fbem-21417	190	8	,	,	PUNCT
fbem-21417	190	9	andgover	andgover	NOUN
fbem-21417	190	10	nance	nance	NOUN
fbem-21417	190	11	fact	fact	NOUN
fbem-21417	190	12	or	or	CCONJ
fbem-21417	190	13	son	son	NOUN
fbem-21417	190	14	fi	fi	NOUN
fbem-21417	190	15	r	r	NOUN
fbem-21417	190	16	m	m	NOUN
fbem-21417	190	17	performance	performance	NOUN
fbem-21417	190	18	:	:	PUNCT
fbem-21417	190	19	panel	panel	NOUN
fbem-21417	190	20	study	study	NOUN
fbem-21417	190	21	of	of	ADP
fbem-21417	190	22	malaysi	malaysi	NOUN
fbem-21417	190	23	an	an	DET
fbem-21417	190	24	companies	company	NOUN
fbem-21417	191	1	[	[	X
fbem-21417	191	2	j	j	X
fbem-21417	191	3	]	]	X
fbem-21417	191	4	.	.	PUNCT
fbem-21417	192	1	management	management	NOUN
fbem-21417	192	2	of	of	ADP
fbem-21417	192	3	environmental	environmental	ADJ
fbem-21417	192	4	quality	quality	NOUN
fbem-21417	192	5	:	:	PUNCT
fbem-21417	192	6	an	an	DET
fbem-21417	192	7	international	international	ADJ
fbem-21417	192	8	journal	journal	NOUN
fbem-21417	192	9	.	.	PUNCT
fbem-21417	193	1	2018	2018	NUM
fbem-21417	193	2	,	,	PUNCT
fbem-21417	193	3	29	29	NUM
fbem-21417	193	4	(	(	PUNCT
fbem-21417	193	5	2	2	NUM
fbem-21417	193	6	):	):	SYM
fbem-21417	193	7	1	1	NUM
fbem-21417	193	8	821	821	NUM
fbem-21417	193	9	94	94	NUM
fbem-21417	193	10	.	.	PUNCT
fbem-21417	194	1	[	[	X
fbem-21417	194	2	4	4	NUM
fbem-21417	194	3	]	]	SYM
fbem-21417	194	4	duquegrisales	duquegrisale	NOUN
fbem-21417	194	5	e	e	NOUN
fbem-21417	194	6	,	,	PUNCT
fbem-21417	194	7	aguileracaracuel	aguileracaracuel	NOUN
fbem-21417	194	8	j.	j.	PROPN
fbem-21417	194	9	environmental	environmental	PROPN
fbem-21417	194	10	,	,	PUNCT
fbem-21417	194	11	social	social	ADJ
fbem-21417	194	12	andgover	andgover	NOUN
fbem-21417	194	13	nance	nance	NOUN
fbem-21417	194	14	(	(	PUNCT
fbem-21417	194	15	esg	esg	NOUN
fbem-21417	194	16	)	)	PUNCT
fbem-21417	194	17	scor	scor	PROPN
fbem-21417	194	18	es	es	PROPN
fbem-21417	194	19	and	and	CCONJ
fbem-21417	194	20	financial	financial	ADJ
fbem-21417	194	21	performance	performance	NOUN
fbem-21417	194	22	of	of	ADP
fbem-21417	194	23	multilatinas	multilatina	NOUN
fbem-21417	194	24	:	:	PUNCT
fbem-21417	194	25	moder	moder	NOUN
fbem-21417	194	26	at	at	ADP
fbem-21417	194	27	effects	effect	NOUN
fbem-21417	194	28	of	of	ADP
fbem-21417	194	29	geographic	geographic	ADJ
fbem-21417	194	30	internationaldiversification	internationaldiversification	NOUN
fbem-21417	194	31	and	and	CCONJ
fbem-21417	194	32	financial	financial	ADJ
fbem-21417	194	33	slack	slack	NOUN
fbem-21417	195	1	[	[	X
fbem-21417	195	2	j].journal	j].journal	NOUN
fbem-21417	195	3	of	of	ADP
fbem-21417	195	4	busi	busi	NOUN
fbem-21417	195	5	ness	ness	ADJ
fbem-21417	195	6	et	et	NOUN
fbem-21417	195	7	hi	hi	INTJ
fbem-21417	195	8	cs	cs	PROPN
fbem-21417	195	9	,	,	PUNCT
fbem-21417	195	10	2021	2021	NUM
fbem-21417	195	11	,	,	PUNCT
fbem-21417	195	12	1	1	NUM
fbem-21417	195	13	68(2	68(2	NOUN
fbem-21417	195	14	):	):	PUNCT
fbem-21417	195	15	31	31	NUM
fbem-21417	195	16	5334	5334	NUM
fbem-21417	195	17	.	.	PUNCT
fbem-21417	196	1	[	[	X
fbem-21417	196	2	5	5	X
fbem-21417	196	3	]	]	PUNCT
fbem-21417	196	4	wang	wang	PROPN
fbem-21417	196	5	shuangjin	shuangjin	PROPN
fbem-21417	196	6	,	,	PUNCT
fbem-21417	196	7	tian	tian	PROPN
fbem-21417	196	8	yuan	yuan	PROPN
fbem-21417	196	9	,	,	PUNCT
fbem-21417	196	10	dang	dang	PROPN
fbem-21417	196	11	lili	lili	NOUN
fbem-21417	196	12	.	.	PUNCT
fbem-21417	197	1	esg	esg	NOUN
fbem-21417	197	2	responsibility	responsibility	NOUN
fbem-21417	197	3	fulfillment	fulfillment	NOUN
fbem-21417	197	4	,	,	PUNCT
fbem-21417	197	5	competitive	competitive	ADJ
fbem-21417	197	6	strategy	strategy	NOUN
fbem-21417	197	7	and	and	CCONJ
fbem-21417	197	8	financial	financial	ADJ
fbem-21417	197	9	performance	performance	NOUN
fbem-21417	197	10	of	of	ADP
fbem-21417	197	11	industrial	industrial	PROPN
fbem-21417	197	12	enterprises[j	enterprises[j	PROPN
fbem-21417	197	13	]	]	PUNCT
fbem-21417	197	14	.	.	PUNCT
fbem-21417	198	1	accounting	accounting	NOUN
fbem-21417	198	2	research	research	NOUN
fbem-21417	198	3	,	,	PUNCT
fbem-21417	198	4	2022(3):77	2022(3):77	NUM
fbem-21417	198	5	92	92	NUM
fbem-21417	198	6	.	.	PUNCT
fbem-21417	199	1	[	[	X
fbem-21417	199	2	6	6	NUM
fbem-21417	199	3	]	]	PUNCT
fbem-21417	199	4	qiu	qiu	PROPN
fbem-21417	199	5	muyuan	muyuan	PROPN
fbem-21417	199	6	,	,	PUNCT
fbem-21417	199	7	yin	yin	PROPN
fbem-21417	199	8	hong	hong	PROPN
fbem-21417	199	9	.	.	PUNCT
fbem-21417	200	1	corporate	corporate	ADJ
fbem-21417	200	2	esg	esg	PROPN
fbem-21417	200	3	performance	performance	NOUN
fbem-21417	200	4	and	and	CCONJ
fbem-21417	200	5	financing	financing	NOUN
fbem-21417	200	6	cost	cost	NOUN
fbem-21417	200	7	in	in	ADP
fbem-21417	200	8	the	the	DET
fbem-21417	200	9	context	context	NOUN
fbem-21417	200	10	of	of	ADP
fbem-21417	200	11	ecological	ecological	ADJ
fbem-21417	200	12	civilization	civilization	NOUN
fbem-21417	200	13	construction[j	construction[j	PROPN
fbem-21417	200	14	]	]	PUNCT
fbem-21417	200	15	.	.	PUNCT
fbem-21417	201	1	research	research	NOUN
fbem-21417	201	2	on	on	ADP
fbem-21417	201	3	quantitative	quantitative	ADJ
fbem-21417	201	4	economics	economic	NOUN
fbem-21417	201	5	and	and	CCONJ
fbem-21417	201	6	technical	technical	ADJ
fbem-21417	201	7	economics	economic	NOUN
fbem-21417	201	8	,	,	PUNCT
fbem-21417	201	9	2019(3):108	2019(3):108	NUM
fbem-21417	201	10	-	-	SYM
fbem-21417	201	11	123	123	NUM
fbem-21417	201	12	.	.	PUNCT
fbem-21417	202	1	[	[	X
fbem-21417	202	2	7	7	NUM
fbem-21417	202	3	]	]	SYM
fbem-21417	202	4	yuan	yuan	NOUN
fbem-21417	202	5	yehu	yehu	PROPN
fbem-21417	202	6	,	,	PUNCT
fbem-21417	202	7	xiong	xiong	PROPN
fbem-21417	202	8	xiaohan	xiaohan	PROPN
fbem-21417	202	9	.	.	PUNCT
fbem-21417	203	1	research	research	NOUN
fbem-21417	203	2	on	on	ADP
fbem-21417	203	3	the	the	DET
fbem-21417	203	4	relationship	relationship	NOUN
fbem-21417	203	5	between	between	ADP
fbem-21417	203	6	esg	esg	NOUN
fbem-21417	203	7	performance	performance	NOUN
fbem-21417	203	8	and	and	CCONJ
fbem-21417	203	9	corporate	corporate	ADJ
fbem-21417	203	10	performance	performance	NOUN
fbem-21417	203	11	of	of	ADP
fbem-21417	203	12	listed	list	VERB
fbem-21417	203	13	companies	company	NOUN
fbem-21417	203	14	:	:	PUNCT
fbem-21417	203	15	based	base	VERB
fbem-21417	203	16	on	on	ADP
fbem-21417	203	17	the	the	DET
fbem-21417	203	18	moderating	moderate	VERB
fbem-21417	203	19	role	role	NOUN
fbem-21417	203	20	of	of	ADP
fbem-21417	203	21	media	medium	NOUN
fbem-21417	203	22	attention[j	attention[j	PROPN
fbem-21417	203	23	]	]	PUNCT
fbem-21417	203	24	.	.	PUNCT
fbem-21417	204	1	jiangxi	jiangxi	PROPN
fbem-21417	204	2	social	social	PROPN
fbem-21417	204	3	science	science	PROPN
fbem-21417	204	4	,	,	PUNCT
fbem-21417	204	5	2021(10	2021(10	NUM
fbem-21417	204	6	):	):	PUNCT
fbem-21417	204	7	68	68	NUM
fbem-21417	204	8	-	-	SYM
fbem-21417	204	9	77	77	NUM
fbem-21417	204	10	.	.	PUNCT
fbem-21417	205	1	[	[	X
fbem-21417	205	2	8	8	NUM
fbem-21417	205	3	]	]	X
fbem-21417	205	4	li	li	PROPN
fbem-21417	205	5	jinglin	jinglin	PROPN
fbem-21417	205	6	,	,	PUNCT
fbem-21417	205	7	yang	yang	PROPN
fbem-21417	205	8	zhen	zhen	PROPN
fbem-21417	205	9	,	,	PUNCT
fbem-21417	205	10	chen	chen	PROPN
fbem-21417	205	11	jin	jin	PROPN
fbem-21417	205	12	,	,	PUNCT
fbem-21417	205	13	et	et	PROPN
fbem-21417	205	14	al	al	PROPN
fbem-21417	205	15	.	.	PROPN
fbem-21417	205	16	research	research	NOUN
fbem-21417	205	17	on	on	ADP
fbem-21417	205	18	the	the	DET
fbem-21417	205	19	mechanism	mechanism	NOUN
fbem-21417	205	20	of	of	ADP
fbem-21417	205	21	esg	esg	NOUN
fbem-21417	205	22	promoting	promote	VERB
fbem-21417	205	23	corporate	corporate	ADJ
fbem-21417	205	24	performance	performance	NOUN
fbem-21417	205	25	:	:	PUNCT
fbem-21417	205	26	a	a	DET
fbem-21417	205	27	perspective	perspective	NOUN
fbem-21417	205	28	based	base	VERB
fbem-21417	205	29	on	on	ADP
fbem-21417	205	30	corporate	corporate	ADJ
fbem-21417	205	31	innovation[j	innovation[j	NOUN
fbem-21417	205	32	]	]	PUNCT
fbem-21417	205	33	.	.	PUNCT
fbem-21417	206	1	science	science	NOUN
fbem-21417	206	2	and	and	CCONJ
fbem-21417	206	3	science	science	NOUN
fbem-21417	206	4	and	and	CCONJ
fbem-21417	206	5	technology	technology	NOUN
fbem-21417	206	6	management	management	NOUN
fbem-21417	206	7	,	,	PUNCT
fbem-21417	206	8	2021(9	2021(9	NUM
fbem-21417	206	9	):	):	PUNCT
fbem-21417	206	10	71	71	NUM
fbem-21417	206	11	-	-	SYM
fbem-21417	206	12	89	89	NUM
fbem-21417	206	13	.	.	PUNCT
fbem-21417	207	1	[	[	X
fbem-21417	207	2	9	9	NUM
fbem-21417	207	3	]	]	SYM
fbem-21417	207	4	li	li	PROPN
fbem-21417	207	5	jiangtao	jiangtao	PROPN
fbem-21417	207	6	,	,	PUNCT
fbem-21417	207	7	pan	pan	VERB
fbem-21417	207	8	yijiang.research	yijiang.research	PROPN
fbem-21417	207	9	on	on	ADP
fbem-21417	207	10	the	the	DET
fbem-21417	207	11	impact	impact	NOUN
fbem-21417	207	12	of	of	ADP
fbem-21417	207	13	esg	esg	PROPN
fbem-21417	207	14	performance	performance	NOUN
fbem-21417	207	15	oncorporate	oncorporate	ADJ
fbem-21417	207	16	financial	financial	ADJ
fbem-21417	207	17	performance	performance	NOUN
fbem-21417	207	18	-	-	PUNCT
fbem-21417	207	19	based	base	VERB
fbem-21417	207	20	on	on	ADP
fbem-21417	207	21	media	medium	NOUN
fbem-21417	207	22	attention	attention	NOUN
fbem-21417	207	23	perspective	perspective	NOUN
fbem-21417	208	1	[	[	X
fbem-21417	208	2	j	j	X
fbem-21417	208	3	]	]	X
fbem-21417	208	4	.	.	PUNCT
fbem-21417	209	1	land	land	NOUN
fbem-21417	209	2	resources	resource	NOUN
fbem-21417	209	3	science	science	NOUN
fbem-21417	209	4	and	and	CCONJ
fbem-21417	209	5	technology	technology	NOUN
fbem-21417	209	6	management	management	NOUN
fbem-21417	209	7	,	,	PUNCT
fbem-21417	209	8	2022,39(01):96104	2022,39(01):96104	PROPN
fbem-21417	209	9	.	.	PUNCT
fbem-21417	210	1	[	[	X
fbem-21417	210	2	10	10	NUM
fbem-21417	210	3	]	]	X
fbem-21417	210	4	zhang	zhang	PROPN
fbem-21417	210	5	l	l	PROPN
fbem-21417	210	6	,	,	PUNCT
fbem-21417	210	7	zhao	zhao	PROPN
fbem-21417	210	8	h.	h.	PROPN
fbem-21417	210	9	does	do	AUX
fbem-21417	210	10	corporate	corporate	ADJ
fbem-21417	210	11	environmental	environmental	ADJ
fbem-21417	210	12	,	,	PUNCT
fbem-21417	210	13	social	social	ADJ
fbem-21417	210	14	and	and	CCONJ
fbem-21417	210	15	corporate	corporate	ADJ
fbem-21417	210	16	governance	governance	NOUN
fbem-21417	210	17	(	(	PUNCT
fbem-21417	210	18	esg	esg	NOUN
fbem-21417	210	19	)	)	PUNCT
fbem-21417	210	20	performance	performance	NOUN
fbem-21417	210	21	affect	affect	VERB
fbem-21417	210	22	corporate	corporate	ADJ
fbem-21417	210	23	value	value	NOUN
fbem-21417	210	24	?	?	PUNCT
fbem-21417	211	1	--an	--an	PROPN
fbem-21417	211	2	empirical	empirical	ADJ
fbem-21417	211	3	study	study	NOUN
fbem-21417	211	4	based	base	VERB
fbem-21417	211	5	on	on	ADP
fbem-21417	211	6	a	a	DET
fbem-21417	211	7	-	-	PUNCT
fbem-21417	211	8	share	share	NOUN
fbem-21417	211	9	listed	list	VERB
fbem-21417	211	10	companies[j	companies[j	NOUN
fbem-21417	211	11	]	]	PUNCT
fbem-21417	211	12	.	.	PUNCT
fbem-21417	212	1	wuhan	wuhan	PROPN
fbem-21417	212	2	finance,2019(10):36	finance,2019(10):36	PROPN
fbem-21417	212	3	-	-	PUNCT
fbem-21417	212	4	43	43	NUM
fbem-21417	212	5	.	.	PUNCT
fbem-21417	213	1	[	[	X
fbem-21417	213	2	11	11	NUM
fbem-21417	213	3	]	]	X
fbem-21417	213	4	tong	tong	PROPN
fbem-21417	213	5	fan	fan	PROPN
fbem-21417	213	6	,	,	PUNCT
fbem-21417	213	7	wang	wang	PROPN
fbem-21417	213	8	yujuan.can	yujuan.can	PROPN
fbem-21417	213	9	esg	esg	PROPN
fbem-21417	213	10	performance	performance	NOUN
fbem-21417	213	11	enhance	enhance	VERB
fbem-21417	213	12	corporate	corporate	ADJ
fbem-21417	213	13	value	value	NOUN
fbem-21417	213	14	?	?	PUNCT
fbem-21417	214	1	--based	--base	VERB
fbem-21417	214	2	on	on	ADP
fbem-21417	214	3	china	china	PROPN
fbem-21417	214	4	's	's	PART
fbem-21417	214	5	a	a	DET
fbem-21417	214	6	-	-	PUNCT
fbem-21417	214	7	share	share	NOUN
fbem-21417	214	8	listed	list	VERB
fbem-21417	214	9	companies	company	NOUN
fbem-21417	214	10	.	.	PUNCT
fbem-21417	215	1	a	a	DET
fbem-21417	215	2	study	study	NOUN
fbem-21417	215	3	of	of	ADP
fbem-21417	215	4	evidence[j	evidence[j	NOUN
fbem-21417	215	5	]	]	PUNCT
fbem-21417	215	6	.	.	PUNCT
fbem-21417	216	1	business	business	NOUN
fbem-21417	216	2	accounting	accounting	NOUN
fbem-21417	216	3	,	,	PUNCT
fbem-21417	216	4	2022	2022	NUM
fbem-21417	216	5	(	(	PUNCT
fbem-21417	216	6	21	21	NUM
fbem-21417	216	7	):	):	PUNCT
fbem-21417	216	8	48	48	NUM
fbem-21417	216	9	-	-	SYM
fbem-21417	216	10	53	53	NUM
fbem-21417	216	11	.	.	PUNCT
fbem-21417	217	1	[	[	X
fbem-21417	217	2	12	12	NUM
fbem-21417	217	3	]	]	X
fbem-21417	217	4	chen	chen	PROPN
fbem-21417	217	5	l	l	PROPN
fbem-21417	217	6	,	,	PUNCT
fbem-21417	217	7	yuan	yuan	PROPN
fbem-21417	217	8	t	t	PROPN
fbem-21417	217	9	,	,	PUNCT
fbem-21417	217	10	cebula	cebula	VERB
fbem-21417	217	11	r	r	PROPN
fbem-21417	217	12	j	j	PROPN
fbem-21417	217	13	,	,	PUNCT
fbem-21417	217	14	et	et	PROPN
fbem-21417	217	15	al	al	PROPN
fbem-21417	217	16	.	.	PROPN
fbem-21417	217	17	fulfillment	fulfillment	PROPN
fbem-21417	217	18	of	of	ADP
fbem-21417	217	19	esg	esg	NOUN
fbem-21417	217	20	responsibilities	responsibility	NOUN
fbem-21417	217	21	and	and	CCONJ
fbem-21417	217	22	firm	firm	ADJ
fbem-21417	217	23	performance	performance	NOUN
fbem-21417	217	24	:	:	PUNCT
fbem-21417	217	25	a	a	DET
fbem-21417	217	26	zerosum	zerosum	NOUN
fbem-21417	217	27	game	game	NOUN
fbem-21417	217	28	or	or	CCONJ
fbem-21417	217	29	mutually	mutually	ADV
fbem-21417	217	30	beneficial[j	beneficial[j	PROPN
fbem-21417	217	31	]	]	PUNCT
fbem-21417	217	32	.	.	PUNCT
fbem-21417	218	1	sustainability	sustainability	NOUN
fbem-21417	218	2	,	,	PUNCT
fbem-21417	218	3	2021	2021	NUM
fbem-21417	218	4	,	,	PUNCT
fbem-21417	218	5	13(19):1	13(19):1	NUM
fbem-21417	218	6	-	-	SYM
fbem-21417	218	7	17	17	NUM
fbem-21417	218	8	.	.	PUNCT
fbem-21417	219	1	[	[	X
fbem-21417	219	2	13	13	NUM
fbem-21417	219	3	]	]	SYM
fbem-21417	219	4	lokuwaduge	lokuwaduge	NOUN
fbem-21417	219	5	c	c	NOUN
fbem-21417	219	6	s	s	PROPN
fbem-21417	219	7	d	d	X
fbem-21417	219	8	s	s	PROPN
fbem-21417	219	9	,	,	PUNCT
fbem-21417	219	10	heenetigala	heenetigala	PROPN
fbem-21417	219	11	k.	k.	PROPN
fbem-21417	219	12	integrating	integrating	PROPN
fbem-21417	219	13	environmental	environmental	ADJ
fbem-21417	219	14	,	,	PUNCT
fbem-21417	219	15	social	social	ADJ
fbem-21417	219	16	and	and	CCONJ
fbem-21417	219	17	governance	governance	NOUN
fbem-21417	219	18	(	(	PUNCT
fbem-21417	219	19	esg	esg	NOUN
fbem-21417	219	20	)	)	PUNCT
fbem-21417	219	21	disclosure	disclosure	NOUN
fbem-21417	219	22	for	for	ADP
fbem-21417	219	23	a	a	DET
fbem-21417	219	24	sustainable	sustainable	ADJ
fbem-21417	219	25	development	development	NOUN
fbem-21417	219	26	:	:	PUNCT
fbem-21417	219	27	an	an	DET
fbem-21417	219	28	australian	australian	ADJ
fbem-21417	219	29	study[j].business	study[j].business	NOUN
fbem-21417	219	30	strategy	strategy	NOUN
fbem-21417	219	31	and	and	CCONJ
fbem-21417	219	32	the	the	DET
fbem-21417	219	33	environment,2017,26(4):438450	environment,2017,26(4):438450	NOUN
fbem-21417	219	34	.	.	PUNCT
fbem-21417	220	1	133	133	NUM
fbem-21417	220	2	[	[	SYM
fbem-21417	220	3	14	14	NUM
fbem-21417	220	4	]	]	X
fbem-21417	220	5	nollet	nollet	NOUN
fbem-21417	220	6	j.	j.	PROPN
fbem-21417	220	7	filis	filis	PROPN
fbem-21417	220	8	g	g	PROPN
fbem-21417	220	9	,	,	PUNCT
fbem-21417	220	10	mitrokostas	mitrokosta	NOUN
fbem-21417	220	11	e.	e.	PROPN
fbem-21417	220	12	corporate	corporate	ADJ
fbem-21417	220	13	social	social	ADJ
fbem-21417	220	14	responsibility	responsibility	NOUN
fbem-21417	220	15	and	and	CCONJ
fbem-21417	220	16	financial	financial	ADJ
fbem-21417	220	17	performance	performance	NOUN
fbem-21417	220	18	:	:	PUNCT
fbem-21417	220	19	a	a	DET
fbem-21417	220	20	non	non	ADJ
fbem-21417	220	21	-	-	ADJ
fbem-21417	220	22	linear	linear	ADJ
fbem-21417	220	23	and	and	CCONJ
fbem-21417	220	24	disaggregated	disaggregate	VERB
fbem-21417	220	25	approach[j	approach[j	PROPN
fbem-21417	220	26	]	]	X
fbem-21417	220	27	.	.	PUNCT
fbem-21417	221	1	modelling	modelling	NOUN
fbem-21417	221	2	,	,	PUNCT
fbem-21417	221	3	2016	2016	NUM
fbem-21417	221	4	,	,	PUNCT
fbem-21417	221	5	52(b):400	52(b):400	NOUN
fbem-21417	221	6	-	-	PUNCT
fbem-21417	221	7	407	407	NUM
fbem-21417	221	8	.	.	PUNCT
fbem-21417	222	1	[	[	X
fbem-21417	222	2	15	15	NUM
fbem-21417	222	3	]	]	X
fbem-21417	222	4	velte	velte	NOUN
fbem-21417	222	5	p.	p.	PROPN
fbem-21417	222	6	does	do	AUX
fbem-21417	222	7	esg	esg	PROPN
fbem-21417	222	8	performance	performance	NOUN
fbem-21417	222	9	have	have	VERB
fbem-21417	222	10	an	an	DET
fbem-21417	222	11	impact	impact	NOUN
fbem-21417	222	12	on	on	ADP
fbem-21417	222	13	financial	financial	ADJ
fbem-21417	222	14	performance	performance	NOUN
fbem-21417	222	15	?	?	PUNCT
fbem-21417	223	1	evidence	evidence	NOUN
fbem-21417	223	2	from	from	ADP
fbem-21417	223	3	germany[j].journal	germany[j].journal	ADJ
fbem-21417	223	4	of	of	ADP
fbem-21417	223	5	global	global	ADJ
fbem-21417	223	6	responsibility,2017,8(2):169178	responsibility,2017,8(2):169178	NOUN
fbem-21417	223	7	.	.	PUNCT
fbem-21417	224	1	[	[	X
fbem-21417	224	2	16	16	NUM
fbem-21417	224	3	]	]	X
fbem-21417	224	4	brammer	brammer	NOUN
fbem-21417	224	5	s	s	PROPN
fbem-21417	224	6	,	,	PUNCT
fbem-21417	224	7	brooks	brooks	PROPN
fbem-21417	224	8	c	c	PROPN
fbem-21417	224	9	,	,	PUNCT
fbem-21417	224	10	pavelin	pavelin	PROPN
fbem-21417	224	11	s.	s.	PROPN
fbem-21417	224	12	corporate	corporate	ADJ
fbem-21417	224	13	social	social	ADJ
fbem-21417	224	14	performance	performance	NOUN
fbem-21417	224	15	and	and	CCONJ
fbem-21417	224	16	stock	stock	NOUN
fbem-21417	224	17	returns	return	NOUN
fbem-21417	224	18	:	:	PUNCT
fbem-21417	224	19	uk	uk	PROPN
fbem-21417	224	20	evidence	evidence	NOUN
fbem-21417	224	21	from	from	ADP
fbem-21417	224	22	disaggregate	disaggregate	ADJ
fbem-21417	224	23	measures[j	measures[j	PROPN
fbem-21417	224	24	]	]	X
fbem-21417	224	25	.	.	PUNCT
fbem-21417	225	1	,	,	PUNCT
fbem-21417	225	2	35(3):97	35(3):97	NUM
fbem-21417	225	3	-	-	SYM
fbem-21417	225	4	116	116	NUM
fbem-21417	225	5	.	.	PUNCT
fbem-21417	226	1	[	[	X
fbem-21417	226	2	17	17	NUM
fbem-21417	226	3	]	]	X
fbem-21417	226	4	wong	wong	PROPN
fbem-21417	226	5	w	w	PROPN
fbem-21417	226	6	c	c	PROPN
fbem-21417	226	7	,	,	PUNCT
fbem-21417	226	8	batten	batten	NOUN
fbem-21417	226	9	j	j	PROPN
fbem-21417	226	10	a	a	PROPN
fbem-21417	226	11	,	,	PUNCT
fbem-21417	226	12	ahmad	ahmad	PROPN
fbem-21417	226	13	a	a	DET
fbem-21417	226	14	h	h	NOUN
fbem-21417	226	15	,	,	PUNCT
fbem-21417	226	16	et	et	PROPN
fbem-21417	226	17	al	al	PROPN
fbem-21417	226	18	.	.	PROPN
fbem-21417	226	19	does	do	AUX
fbem-21417	226	20	esg	esg	PROPN
fbem-21417	226	21	certification	certification	NOUN
fbem-21417	226	22	add	add	VERB
fbem-21417	226	23	firm	firm	ADJ
fbem-21417	226	24	value?[j	value?[j	NOUN
fbem-21417	226	25	]	]	PUNCT
fbem-21417	226	26	.	.	PUNCT
fbem-21417	227	1	finance	finance	NOUN
fbem-21417	227	2	research	research	NOUN
fbem-21417	227	3	letters	letter	NOUN
fbem-21417	227	4	,	,	PUNCT
fbem-21417	227	5	2020,39(2	2020,39(2	NOUN
fbem-21417	227	6	):	):	PUNCT
fbem-21417	227	7	101593	101593	NUM
fbem-21417	227	8	.	.	PUNCT
fbem-21417	228	1	[	[	X
fbem-21417	228	2	18	18	NUM
fbem-21417	228	3	]	]	PUNCT
fbem-21417	228	4	xueying	xueying	PROPN
fbem-21417	228	5	y	y	PROPN
fbem-21417	228	6	,	,	PUNCT
fbem-21417	228	7	zhongfei	zhongfei	PROPN
fbem-21417	228	8	l	l	PROPN
fbem-21417	228	9	,	,	PUNCT
fbem-21417	228	10	jinhua	jinhua	PROPN
fbem-21417	228	11	x	x	PROPN
fbem-21417	228	12	,	,	PUNCT
fbem-21417	228	13	et	et	PROPN
fbem-21417	228	14	al	al	PROPN
fbem-21417	228	15	.	.	PROPN
fbem-21417	229	1	esg	esg	PROPN
fbem-21417	229	2	disclosure	disclosure	NOUN
fbem-21417	229	3	and	and	CCONJ
fbem-21417	229	4	corporate	corporate	ADJ
fbem-21417	229	5	financial	financial	ADJ
fbem-21417	229	6	irregularities	irregularity	NOUN
fbem-21417	229	7	evidence	evidence	NOUN
fbem-21417	229	8	from	from	ADP
fbem-21417	229	9	chinese	chinese	PROPN
fbem-21417	229	10	listed	list	VERB
fbem-21417	229	11	firms[j	firms[j	PROPN
fbem-21417	229	12	]	]	PUNCT
fbem-21417	229	13	.	.	PUNCT
fbem-21417	230	1	journal	journal	PROPN
fbem-21417	230	2	of	of	ADP
fbem-21417	230	3	cleaner	clean	ADJ
fbem-21417	230	4	production	production	NOUN
fbem-21417	230	5	,	,	PUNCT
fbem-21417	230	6	2022,332(02	2022,332(02	NUM
fbem-21417	230	7	):	):	PUNCT
fbem-21417	230	8	129992	129992	NUM
fbem-21417	230	9	.	.	PUNCT
fbem-21417	231	1	[	[	X
fbem-21417	231	2	19	19	NUM
fbem-21417	231	3	]	]	PUNCT
fbem-21417	231	4	raimo	raimo	NOUN
fbem-21417	231	5	n	n	SYM
fbem-21417	231	6	,	,	PUNCT
fbem-21417	231	7	de	de	X
fbem-21417	231	8	nuccio	nuccio	PROPN
fbem-21417	231	9	e	e	PROPN
fbem-21417	231	10	,	,	PUNCT
fbem-21417	231	11	giakoumelou	giakoumelou	PROPN
fbem-21417	231	12	a	a	X
fbem-21417	231	13	,	,	PUNCT
fbem-21417	231	14	et	et	PROPN
fbem-21417	231	15	al	al	PROPN
fbem-21417	231	16	.	.	PUNCT
fbem-21417	232	1	non	non	ADJ
fbem-21417	232	2	-	-	ADJ
fbem-21417	232	3	financial	financial	ADJ
fbem-21417	232	4	information	information	NOUN
fbem-21417	232	5	and	and	CCONJ
fbem-21417	232	6	cost	cost	NOUN
fbem-21417	232	7	of	of	ADP
fbem-21417	232	8	equity	equity	NOUN
fbem-21417	232	9	capital	capital	NOUN
fbem-21417	232	10	:	:	PUNCT
fbem-21417	232	11	an	an	DET
fbem-21417	232	12	empirical	empirical	ADJ
fbem-21417	232	13	analysis	analysis	NOUN
fbem-21417	232	14	in	in	ADP
fbem-21417	232	15	the	the	DET
fbem-21417	232	16	food	food	NOUN
fbem-21417	232	17	and	and	CCONJ
fbem-21417	232	18	beverage	beverage	NOUN
fbem-21417	232	19	industry	industry	NOUN
fbem-21417	233	1	[	[	X
fbem-21417	233	2	j	j	X
fbem-21417	233	3	]	]	X
fbem-21417	233	4	.	.	PUNCT
fbem-21417	234	1	british	british	ADJ
fbem-21417	234	2	food	food	PROPN
fbem-21417	234	3	journal	journal	PROPN
fbem-21417	234	4	,	,	PUNCT
fbem-21417	234	5	2020,23(4	2020,23(4	PROPN
fbem-21417	234	6	):	):	PUNCT
fbem-21417	234	7	49	49	NUM
fbem-21417	234	8	-	-	SYM
fbem-21417	234	9	65	65	NUM
fbem-21417	234	10	.	.	PUNCT
fbem-21417	235	1	[	[	X
fbem-21417	235	2	20	20	NUM
fbem-21417	235	3	]	]	X
fbem-21417	235	4	zhu	zhu	PROPN
fbem-21417	235	5	qingxiang	qingxiang	PROPN
fbem-21417	235	6	,	,	PUNCT
fbem-21417	235	7	zou	zou	PROPN
fbem-21417	235	8	tao	tao	PROPN
fbem-21417	235	9	,	,	PUNCT
fbem-21417	235	10	cui	cui	NOUN
fbem-21417	235	11	xiaomin	xiaomin	NOUN
fbem-21417	235	12	,	,	PUNCT
fbem-21417	235	13	et	et	PROPN
fbem-21417	235	14	al	al	PROPN
fbem-21417	235	15	.	.	PROPN
fbem-21417	235	16	research	research	NOUN
fbem-21417	235	17	on	on	ADP
fbem-21417	235	18	the	the	DET
fbem-21417	235	19	impact	impact	NOUN
fbem-21417	235	20	of	of	ADP
fbem-21417	235	21	corporate	corporate	ADJ
fbem-21417	235	22	environmental	environmental	ADJ
fbem-21417	235	23	performance	performance	NOUN
fbem-21417	235	24	on	on	ADP
fbem-21417	235	25	financial	financial	ADJ
fbem-21417	235	26	performance	performance	NOUN
fbem-21417	235	27	:	:	PUNCT
fbem-21417	235	28	based	base	VERB
fbem-21417	235	29	on	on	ADP
fbem-21417	235	30	different	different	ADJ
fbem-21417	235	31	types	type	NOUN
fbem-21417	235	32	of	of	ADP
fbem-21417	235	33	analysis	analysis	NOUN
fbem-21417	235	34	of	of	ADP
fbem-21417	235	35	the	the	DET
fbem-21417	235	36	regulatory	regulatory	ADJ
fbem-21417	235	37	role	role	NOUN
fbem-21417	235	38	of	of	ADP
fbem-21417	235	39	government	government	NOUN
fbem-21417	235	40	intervention[j	intervention[j	PROPN
fbem-21417	235	41	]	]	PUNCT
fbem-21417	235	42	.	.	PUNCT
fbem-21417	236	1	economy	economy	NOUN
fbem-21417	236	2	and	and	CCONJ
fbem-21417	236	3	management	management	NOUN
fbem-21417	236	4	,	,	PUNCT
fbem-21417	236	5	2020(4):72	2020(4):72	NUM
fbem-21417	236	6	-	-	SYM
fbem-21417	236	7	81	81	NUM
fbem-21417	236	8	.	.	PUNCT
fbem-21417	237	1	[	[	X
fbem-21417	237	2	21	21	NUM
fbem-21417	237	3	]	]	X
fbem-21417	237	4	jiang	jiang	PROPN
fbem-21417	237	5	yingbing	yingbe	VERB
fbem-21417	237	6	,	,	PUNCT
fbem-21417	237	7	cui	cui	PROPN
fbem-21417	237	8	guanghui	guanghui	PROPN
fbem-21417	237	9	.	.	PUNCT
fbem-21417	238	1	the	the	DET
fbem-21417	238	2	impact	impact	NOUN
fbem-21417	238	3	of	of	ADP
fbem-21417	238	4	environmental	environmental	ADJ
fbem-21417	238	5	protection	protection	NOUN
fbem-21417	238	6	industrial	industrial	ADJ
fbem-21417	238	7	policy	policy	NOUN
fbem-21417	238	8	on	on	ADP
fbem-21417	238	9	corporate	corporate	ADJ
fbem-21417	238	10	environmental	environmental	ADJ
fbem-21417	238	11	protection	protection	NOUN
fbem-21417	238	12	investment	investment	NOUN
fbem-21417	238	13	:	:	PUNCT
fbem-21417	238	14	based	base	VERB
fbem-21417	238	15	on	on	ADP
fbem-21417	238	16	heavily	heavily	ADV
fbem-21417	238	17	polluted	polluted	ADJ
fbem-21417	238	18	listed	list	VERB
fbem-21417	238	19	companies	company	NOUN
fbem-21417	238	20	the	the	DET
fbem-21417	238	21	empirical	empirical	ADJ
fbem-21417	238	22	evidence	evidence	NOUN
fbem-21417	239	1	[	[	X
fbem-21417	239	2	j	j	X
fbem-21417	239	3	]	]	X
fbem-21417	239	4	.	.	PUNCT
fbem-21417	240	1	reform	reform	NOUN
fbem-21417	240	2	,	,	PUNCT
fbem-21417	240	3	2019(2):87	2019(2):87	NOUN
fbem-21417	240	4	-	-	SYM
fbem-21417	240	5	101	101	NUM
fbem-21417	240	6	.	.	PUNCT
fbem-21417	241	1	[	[	X
fbem-21417	241	2	22	22	NUM
fbem-21417	241	3	]	]	X
fbem-21417	241	4	wang	wang	PROPN
fbem-21417	241	5	linlin	linlin	PROPN
fbem-21417	241	6	,	,	PUNCT
fbem-21417	241	7	lian	lian	PROPN
fbem-21417	241	8	yonghui	yonghui	PROPN
fbem-21417	241	9	,	,	PUNCT
fbem-21417	241	10	dong	dong	PROPN
fbem-21417	241	11	jie	jie	PROPN
fbem-21417	241	12	.	.	PUNCT
fbem-21417	242	1	research	research	NOUN
fbem-21417	242	2	on	on	ADP
fbem-21417	242	3	the	the	DET
fbem-21417	242	4	influence	influence	NOUN
fbem-21417	242	5	mechanism	mechanism	NOUN
fbem-21417	242	6	of	of	ADP
fbem-21417	242	7	esg	esg	PROPN
fbem-21417	242	8	performance	performance	NOUN
fbem-21417	242	9	on	on	ADP
fbem-21417	242	10	corporate	corporate	ADJ
fbem-21417	242	11	value	value	NOUN
fbem-21417	242	12	[	[	X
fbem-21417	242	13	j	j	X
fbem-21417	242	14	]	]	X
fbem-21417	242	15	.	.	PUNCT
fbem-21417	243	1	securities	security	NOUN
fbem-21417	243	2	market	market	PROPN
fbem-21417	243	3	herald	herald	PROPN
fbem-21417	243	4	,	,	PUNCT
fbem-21417	243	5	2022(05):23	2022(05):23	NUM
fbem-21417	243	6	-	-	SYM
fbem-21417	243	7	34	34	NUM
fbem-21417	243	8	.	.	PUNCT
fbem-21417	244	1	[	[	X
fbem-21417	244	2	23	23	NUM
fbem-21417	244	3	]	]	SYM
fbem-21417	244	4	hu	hu	PROPN
fbem-21417	244	5	quying	quye	VERB
fbem-21417	244	6	.	.	PUNCT
fbem-21417	245	1	research	research	NOUN
fbem-21417	245	2	on	on	ADP
fbem-21417	245	3	the	the	DET
fbem-21417	245	4	correlation	correlation	NOUN
fbem-21417	245	5	between	between	ADP
fbem-21417	245	6	environmental	environmental	ADJ
fbem-21417	245	7	performance	performance	NOUN
fbem-21417	245	8	and	and	CCONJ
fbem-21417	245	9	financial	financial	ADJ
fbem-21417	245	10	performance	performance	NOUN
fbem-21417	245	11	of	of	ADP
fbem-21417	245	12	listed	list	VERB
fbem-21417	245	13	companies	company	NOUN
fbem-21417	246	1	[	[	X
fbem-21417	246	2	j	j	X
fbem-21417	246	3	]	]	X
fbem-21417	246	4	.	.	PUNCT
fbem-21417	247	1	china	china	PROPN
fbem-21417	247	2	population	population	NOUN
fbem-21417	247	3	-	-	PUNCT
fbem-21417	247	4	resources	resource	NOUN
fbem-21417	247	5	and	and	CCONJ
fbem-21417	247	6	environment	environment	NOUN
fbem-21417	247	7	,	,	PUNCT
fbem-21417	247	8	2012	2012	NUM
fbem-21417	247	9	,	,	PUNCT
fbem-21417	247	10	22(06):2332	22(06):2332	NUM
fbem-21417	247	11	.	.	PUNCT
fbem-21417	248	1	[	[	X
fbem-21417	248	2	24	24	NUM
fbem-21417	248	3	]	]	X
fbem-21417	248	4	zhou	zhou	PROPN
fbem-21417	248	5	bing	bing	PROPN
fbem-21417	248	6	,	,	PUNCT
fbem-21417	248	7	lu	lu	PROPN
fbem-21417	248	8	jiangjiang	jiangjiang	PROPN
fbem-21417	248	9	,	,	PUNCT
fbem-21417	248	10	lu	lu	PROPN
fbem-21417	248	11	pei	pei	PROPN
fbem-21417	248	12	.	.	PUNCT
fbem-21417	249	1	research	research	NOUN
fbem-21417	249	2	on	on	ADP
fbem-21417	249	3	technological	technological	ADJ
fbem-21417	249	4	innovation	innovation	NOUN
fbem-21417	249	5	promotion	promotion	NOUN
fbem-21417	249	6	effect	effect	NOUN
fbem-21417	249	7	of	of	ADP
fbem-21417	249	8	enterprise	enterprise	NOUN
fbem-21417	249	9	esg	esg	NOUN
fbem-21417	249	10	performance	performance	NOUN
fbem-21417	249	11	improvement	improvement	NOUN
fbem-21417	250	1	[	[	X
fbem-21417	250	2	j	j	X
fbem-21417	250	3	]	]	X
fbem-21417	250	4	.	.	PUNCT
fbem-21417	251	1	western	western	PROPN
fbem-21417	251	2	forum	forum	PROPN
fbem-21417	251	3	,	,	PUNCT
fbem-21417	251	4	2023	2023	NUM
fbem-21417	251	5	,	,	PUNCT
fbem-21417	251	6	33(06):81	33(06):81	NUM
fbem-21417	251	7	-	-	SYM
fbem-21417	251	8	95	95	NUM
fbem-21417	251	9	.	.	PUNCT