id	sid	tid	token	lemma	pos
fbem-22240	1	1	frontiers	frontier	NOUN
fbem-22240	1	2	in	in	ADP
fbem-22240	1	3	business	business	NOUN
fbem-22240	1	4	,	,	PUNCT
fbem-22240	1	5	economics	economic	NOUN
fbem-22240	1	6	and	and	CCONJ
fbem-22240	1	7	management	management	NOUN
fbem-22240	1	8	issn	issn	PROPN
fbem-22240	1	9	:	:	PUNCT
fbem-22240	1	10	2766	2766	NUM
fbem-22240	1	11	-	-	PUNCT
fbem-22240	1	12	824x	824x	NUM
fbem-22240	1	13	|	|	ADJ
fbem-22240	1	14	vol	vol	NOUN
fbem-22240	1	15	.	.	PROPN
fbem-22240	1	16	15	15	NUM
fbem-22240	1	17	,	,	PUNCT
fbem-22240	1	18	no	no	INTJ
fbem-22240	1	19	.	.	NOUN
fbem-22240	1	20	2	2	NUM
fbem-22240	1	21	,	,	PUNCT
fbem-22240	1	22	2024	2024	NUM
fbem-22240	1	23	120	120	NUM
fbem-22240	1	24	correlation	correlation	NOUN
fbem-22240	1	25	between	between	ADP
fbem-22240	1	26	earnings	earning	NOUN
fbem-22240	1	27	management	management	NOUN
fbem-22240	1	28	behavior	behavior	NOUN
fbem-22240	1	29	and	and	CCONJ
fbem-22240	1	30	corporate	corporate	ADJ
fbem-22240	1	31	performance	performance	NOUN
fbem-22240	1	32	based	base	VERB
fbem-22240	1	33	on	on	ADP
fbem-22240	1	34	esg	esg	PROPN
fbem-22240	1	35	rating	rating	NOUN
fbem-22240	1	36	mengxin	mengxin	PROPN
fbem-22240	1	37	yuan	yuan	PROPN
fbem-22240	1	38	university	university	PROPN
fbem-22240	1	39	of	of	ADP
fbem-22240	1	40	international	international	ADJ
fbem-22240	1	41	business	business	NOUN
fbem-22240	1	42	and	and	CCONJ
fbem-22240	1	43	economics	economic	NOUN
fbem-22240	1	44	,	,	PUNCT
fbem-22240	1	45	beijing	beijing	PROPN
fbem-22240	1	46	,	,	PUNCT
fbem-22240	1	47	china	china	PROPN
fbem-22240	1	48	abstract	abstract	PROPN
fbem-22240	1	49	:	:	PUNCT
fbem-22240	1	50	the	the	DET
fbem-22240	1	51	purpose	purpose	NOUN
fbem-22240	1	52	of	of	ADP
fbem-22240	1	53	this	this	DET
fbem-22240	1	54	study	study	NOUN
fbem-22240	1	55	is	be	AUX
fbem-22240	1	56	to	to	PART
fbem-22240	1	57	deeply	deeply	ADV
fbem-22240	1	58	explore	explore	VERB
fbem-22240	1	59	how	how	SCONJ
fbem-22240	1	60	esg	esg	PROPN
fbem-22240	1	61	(	(	PUNCT
fbem-22240	1	62	environmental	environmental	ADJ
fbem-22240	1	63	,	,	PUNCT
fbem-22240	1	64	social	social	ADJ
fbem-22240	1	65	and	and	CCONJ
fbem-22240	1	66	governance	governance	NOUN
fbem-22240	1	67	)	)	PUNCT
fbem-22240	1	68	rating	rating	NOUN
fbem-22240	1	69	affects	affect	VERB
fbem-22240	1	70	the	the	DET
fbem-22240	1	71	earnings	earning	NOUN
fbem-22240	1	72	management	management	NOUN
fbem-22240	1	73	behavior	behavior	NOUN
fbem-22240	1	74	of	of	ADP
fbem-22240	1	75	enterprises	enterprise	NOUN
fbem-22240	1	76	,	,	PUNCT
fbem-22240	1	77	and	and	CCONJ
fbem-22240	1	78	further	far	ADV
fbem-22240	1	79	analyze	analyze	VERB
fbem-22240	1	80	the	the	DET
fbem-22240	1	81	impact	impact	NOUN
fbem-22240	1	82	of	of	ADP
fbem-22240	1	83	this	this	DET
fbem-22240	1	84	behavior	behavior	NOUN
fbem-22240	1	85	on	on	ADP
fbem-22240	1	86	corporate	corporate	ADJ
fbem-22240	1	87	performance	performance	NOUN
fbem-22240	1	88	.	.	PUNCT
fbem-22240	2	1	by	by	ADP
fbem-22240	2	2	constructing	construct	VERB
fbem-22240	2	3	theoretical	theoretical	ADJ
fbem-22240	2	4	framework	framework	NOUN
fbem-22240	2	5	and	and	CCONJ
fbem-22240	2	6	research	research	NOUN
fbem-22240	2	7	hypothesis	hypothesis	NOUN
fbem-22240	2	8	,	,	PUNCT
fbem-22240	2	9	this	this	DET
fbem-22240	2	10	paper	paper	NOUN
fbem-22240	2	11	makes	make	VERB
fbem-22240	2	12	an	an	DET
fbem-22240	2	13	empirical	empirical	ADJ
fbem-22240	2	14	analysis	analysis	NOUN
fbem-22240	2	15	of	of	ADP
fbem-22240	2	16	the	the	DET
fbem-22240	2	17	correlation	correlation	NOUN
fbem-22240	2	18	between	between	ADP
fbem-22240	2	19	esg	esg	PROPN
fbem-22240	2	20	rating	rating	NOUN
fbem-22240	2	21	,	,	PUNCT
fbem-22240	2	22	earnings	earning	NOUN
fbem-22240	2	23	management	management	NOUN
fbem-22240	2	24	and	and	CCONJ
fbem-22240	2	25	corporate	corporate	ADJ
fbem-22240	2	26	performance	performance	NOUN
fbem-22240	2	27	by	by	ADP
fbem-22240	2	28	using	use	VERB
fbem-22240	2	29	multiple	multiple	ADJ
fbem-22240	2	30	linear	linear	ADJ
fbem-22240	2	31	regression	regression	NOUN
fbem-22240	2	32	model	model	NOUN
fbem-22240	2	33	.	.	PUNCT
fbem-22240	3	1	the	the	DET
fbem-22240	3	2	results	result	NOUN
fbem-22240	3	3	show	show	VERB
fbem-22240	3	4	that	that	SCONJ
fbem-22240	3	5	enterprises	enterprise	NOUN
fbem-22240	3	6	with	with	ADP
fbem-22240	3	7	high	high	ADJ
fbem-22240	3	8	esg	esg	NOUN
fbem-22240	3	9	rating	rating	NOUN
fbem-22240	3	10	often	often	ADV
fbem-22240	3	11	show	show	VERB
fbem-22240	3	12	more	more	ADV
fbem-22240	3	13	standardized	standardized	ADJ
fbem-22240	3	14	earnings	earning	NOUN
fbem-22240	3	15	management	management	NOUN
fbem-22240	3	16	behavior	behavior	NOUN
fbem-22240	3	17	,	,	PUNCT
fbem-22240	3	18	which	which	PRON
fbem-22240	3	19	has	have	VERB
fbem-22240	3	20	a	a	DET
fbem-22240	3	21	significant	significant	ADJ
fbem-22240	3	22	positive	positive	ADJ
fbem-22240	3	23	impact	impact	NOUN
fbem-22240	3	24	on	on	ADP
fbem-22240	3	25	corporate	corporate	ADJ
fbem-22240	3	26	performance	performance	NOUN
fbem-22240	3	27	.	.	PUNCT
fbem-22240	4	1	this	this	DET
fbem-22240	4	2	discovery	discovery	NOUN
fbem-22240	4	3	provides	provide	VERB
fbem-22240	4	4	a	a	DET
fbem-22240	4	5	new	new	ADJ
fbem-22240	4	6	idea	idea	NOUN
fbem-22240	4	7	for	for	SCONJ
fbem-22240	4	8	enterprises	enterprise	NOUN
fbem-22240	4	9	to	to	PART
fbem-22240	4	10	improve	improve	VERB
fbem-22240	4	11	their	their	PRON
fbem-22240	4	12	performance	performance	NOUN
fbem-22240	4	13	,	,	PUNCT
fbem-22240	4	14	and	and	CCONJ
fbem-22240	4	15	also	also	ADV
fbem-22240	4	16	provides	provide	VERB
fbem-22240	4	17	an	an	DET
fbem-22240	4	18	important	important	ADJ
fbem-22240	4	19	reference	reference	NOUN
fbem-22240	4	20	for	for	SCONJ
fbem-22240	4	21	investors	investor	NOUN
fbem-22240	4	22	to	to	PART
fbem-22240	4	23	evaluate	evaluate	VERB
fbem-22240	4	24	the	the	DET
fbem-22240	4	25	value	value	NOUN
fbem-22240	4	26	of	of	ADP
fbem-22240	4	27	enterprises	enterprise	NOUN
fbem-22240	4	28	.	.	PUNCT
fbem-22240	5	1	this	this	DET
fbem-22240	5	2	study	study	NOUN
fbem-22240	5	3	not	not	PART
fbem-22240	5	4	only	only	ADV
fbem-22240	5	5	enriches	enrich	VERB
fbem-22240	5	6	the	the	DET
fbem-22240	5	7	theoretical	theoretical	ADJ
fbem-22240	5	8	system	system	NOUN
fbem-22240	5	9	of	of	ADP
fbem-22240	5	10	the	the	DET
fbem-22240	5	11	relationship	relationship	NOUN
fbem-22240	5	12	between	between	ADP
fbem-22240	5	13	esg	esg	NOUN
fbem-22240	5	14	rating	rating	NOUN
fbem-22240	5	15	and	and	CCONJ
fbem-22240	5	16	earnings	earning	NOUN
fbem-22240	5	17	management	management	NOUN
fbem-22240	5	18	,	,	PUNCT
fbem-22240	5	19	but	but	CCONJ
fbem-22240	5	20	also	also	ADV
fbem-22240	5	21	provides	provide	VERB
fbem-22240	5	22	useful	useful	ADJ
fbem-22240	5	23	guidance	guidance	NOUN
fbem-22240	5	24	for	for	ADP
fbem-22240	5	25	enterprise	enterprise	NOUN
fbem-22240	5	26	management	management	NOUN
fbem-22240	5	27	practice	practice	NOUN
fbem-22240	5	28	and	and	CCONJ
fbem-22240	5	29	investment	investment	NOUN
fbem-22240	5	30	decision	decision	NOUN
fbem-22240	5	31	.	.	PUNCT
fbem-22240	6	1	keywords	keyword	NOUN
fbem-22240	6	2	:	:	PUNCT
fbem-22240	6	3	esg	esg	NOUN
fbem-22240	6	4	rating	rating	NOUN
fbem-22240	6	5	,	,	PUNCT
fbem-22240	6	6	earnings	earning	NOUN
fbem-22240	6	7	management	management	NOUN
fbem-22240	6	8	,	,	PUNCT
fbem-22240	6	9	company	company	NOUN
fbem-22240	6	10	performance	performance	NOUN
fbem-22240	6	11	,	,	PUNCT
fbem-22240	6	12	relevance	relevance	NOUN
fbem-22240	6	13	,	,	PUNCT
fbem-22240	6	14	empirical	empirical	ADJ
fbem-22240	6	15	analysis	analysis	NOUN
fbem-22240	6	16	.	.	PUNCT
fbem-22240	7	1	1	1	X
fbem-22240	7	2	.	.	X
fbem-22240	7	3	introduction	introduction	NOUN
fbem-22240	7	4	in	in	ADP
fbem-22240	7	5	today	today	NOUN
fbem-22240	7	6	's	's	PART
fbem-22240	7	7	society	society	NOUN
fbem-22240	7	8	,	,	PUNCT
fbem-22240	7	9	more	more	ADJ
fbem-22240	7	10	and	and	CCONJ
fbem-22240	7	11	more	more	ADJ
fbem-22240	7	12	attention	attention	NOUN
fbem-22240	7	13	has	have	AUX
fbem-22240	7	14	been	be	AUX
fbem-22240	7	15	paid	pay	VERB
fbem-22240	7	16	to	to	ADP
fbem-22240	7	17	the	the	DET
fbem-22240	7	18	non	non	ADJ
fbem-22240	7	19	-	-	ADJ
fbem-22240	7	20	financial	financial	ADJ
fbem-22240	7	21	performance	performance	NOUN
fbem-22240	7	22	indicators	indicator	NOUN
fbem-22240	7	23	of	of	ADP
fbem-22240	7	24	enterprises	enterprise	NOUN
fbem-22240	7	25	,	,	PUNCT
fbem-22240	7	26	among	among	ADP
fbem-22240	7	27	which	which	PRON
fbem-22240	7	28	esg	esg	PROPN
fbem-22240	7	29	(	(	PUNCT
fbem-22240	7	30	environment	environment	NOUN
fbem-22240	7	31	,	,	PUNCT
fbem-22240	7	32	society	society	NOUN
fbem-22240	7	33	and	and	CCONJ
fbem-22240	7	34	governance	governance	NOUN
fbem-22240	7	35	)	)	PUNCT
fbem-22240	7	36	rating	rating	NOUN
fbem-22240	7	37	is	be	AUX
fbem-22240	7	38	one	one	NUM
fbem-22240	7	39	of	of	ADP
fbem-22240	7	40	the	the	DET
fbem-22240	7	41	important	important	ADJ
fbem-22240	7	42	indicators	indicator	NOUN
fbem-22240	8	1	[	[	X
fbem-22240	8	2	1	1	NUM
fbem-22240	8	3	]	]	PUNCT
fbem-22240	8	4	.	.	PUNCT
fbem-22240	9	1	esg	esg	PROPN
fbem-22240	9	2	rating	rating	NOUN
fbem-22240	9	3	comprehensively	comprehensively	ADV
fbem-22240	9	4	considers	consider	VERB
fbem-22240	9	5	the	the	DET
fbem-22240	9	6	performance	performance	NOUN
fbem-22240	9	7	of	of	ADP
fbem-22240	9	8	enterprises	enterprise	NOUN
fbem-22240	9	9	in	in	ADP
fbem-22240	9	10	environmental	environmental	ADJ
fbem-22240	9	11	protection	protection	NOUN
fbem-22240	9	12	,	,	PUNCT
fbem-22240	9	13	social	social	ADJ
fbem-22240	9	14	responsibility	responsibility	NOUN
fbem-22240	9	15	and	and	CCONJ
fbem-22240	9	16	corporate	corporate	ADJ
fbem-22240	9	17	governance	governance	NOUN
fbem-22240	9	18	,	,	PUNCT
fbem-22240	9	19	which	which	PRON
fbem-22240	9	20	not	not	PART
fbem-22240	9	21	only	only	ADV
fbem-22240	9	22	reflects	reflect	VERB
fbem-22240	9	23	the	the	DET
fbem-22240	9	24	fulfillment	fulfillment	NOUN
fbem-22240	9	25	of	of	ADP
fbem-22240	9	26	corporate	corporate	ADJ
fbem-22240	9	27	social	social	ADJ
fbem-22240	9	28	responsibility	responsibility	NOUN
fbem-22240	9	29	,	,	PUNCT
fbem-22240	9	30	but	but	CCONJ
fbem-22240	9	31	also	also	ADV
fbem-22240	9	32	becomes	become	VERB
fbem-22240	9	33	an	an	DET
fbem-22240	9	34	important	important	ADJ
fbem-22240	9	35	basis	basis	NOUN
fbem-22240	9	36	for	for	SCONJ
fbem-22240	9	37	investors	investor	NOUN
fbem-22240	9	38	,	,	PUNCT
fbem-22240	9	39	consumers	consumer	NOUN
fbem-22240	9	40	and	and	CCONJ
fbem-22240	9	41	government	government	NOUN
fbem-22240	9	42	agencies	agency	NOUN
fbem-22240	9	43	to	to	PART
fbem-22240	9	44	evaluate	evaluate	VERB
fbem-22240	9	45	corporate	corporate	ADJ
fbem-22240	9	46	sustainability	sustainability	NOUN
fbem-22240	9	47	and	and	CCONJ
fbem-22240	9	48	moral	moral	ADJ
fbem-22240	9	49	standards	standard	NOUN
fbem-22240	9	50	[	[	X
fbem-22240	9	51	2	2	NUM
fbem-22240	9	52	-	-	SYM
fbem-22240	9	53	3	3	NUM
fbem-22240	9	54	]	]	PUNCT
fbem-22240	9	55	.	.	PUNCT
fbem-22240	10	1	with	with	ADP
fbem-22240	10	2	the	the	DET
fbem-22240	10	3	increasing	increase	VERB
fbem-22240	10	4	global	global	ADJ
fbem-22240	10	5	awareness	awareness	NOUN
fbem-22240	10	6	of	of	ADP
fbem-22240	10	7	sustainable	sustainable	ADJ
fbem-22240	10	8	development	development	NOUN
fbem-22240	10	9	and	and	CCONJ
fbem-22240	10	10	environmental	environmental	ADJ
fbem-22240	10	11	protection	protection	NOUN
fbem-22240	10	12	,	,	PUNCT
fbem-22240	10	13	the	the	DET
fbem-22240	10	14	importance	importance	NOUN
fbem-22240	10	15	of	of	ADP
fbem-22240	10	16	esg	esg	PROPN
fbem-22240	10	17	rating	rating	NOUN
fbem-22240	10	18	in	in	ADP
fbem-22240	10	19	business	business	NOUN
fbem-22240	10	20	decision	decision	NOUN
fbem-22240	10	21	-	-	PUNCT
fbem-22240	10	22	making	making	NOUN
fbem-22240	10	23	has	have	AUX
fbem-22240	10	24	become	become	VERB
fbem-22240	10	25	increasingly	increasingly	ADV
fbem-22240	10	26	prominent	prominent	ADJ
fbem-22240	10	27	[	[	X
fbem-22240	10	28	4	4	NUM
fbem-22240	10	29	]	]	PUNCT
fbem-22240	10	30	.	.	PUNCT
fbem-22240	11	1	at	at	ADP
fbem-22240	11	2	the	the	DET
fbem-22240	11	3	same	same	ADJ
fbem-22240	11	4	time	time	NOUN
fbem-22240	11	5	,	,	PUNCT
fbem-22240	11	6	earnings	earning	NOUN
fbem-22240	11	7	management	management	NOUN
fbem-22240	11	8	,	,	PUNCT
fbem-22240	11	9	as	as	ADP
fbem-22240	11	10	an	an	DET
fbem-22240	11	11	important	important	ADJ
fbem-22240	11	12	means	mean	NOUN
fbem-22240	11	13	of	of	ADP
fbem-22240	11	14	enterprise	enterprise	NOUN
fbem-22240	11	15	financial	financial	ADJ
fbem-22240	11	16	management	management	NOUN
fbem-22240	11	17	,	,	PUNCT
fbem-22240	11	18	aims	aim	VERB
fbem-22240	11	19	to	to	PART
fbem-22240	11	20	adjust	adjust	VERB
fbem-22240	11	21	the	the	DET
fbem-22240	11	22	financial	financial	ADJ
fbem-22240	11	23	report	report	NOUN
fbem-22240	11	24	of	of	ADP
fbem-22240	11	25	enterprises	enterprise	NOUN
fbem-22240	11	26	through	through	ADP
fbem-22240	11	27	the	the	DET
fbem-22240	11	28	choice	choice	NOUN
fbem-22240	11	29	of	of	ADP
fbem-22240	11	30	accounting	accounting	NOUN
fbem-22240	11	31	policies	policy	NOUN
fbem-22240	11	32	,	,	PUNCT
fbem-22240	11	33	so	so	SCONJ
fbem-22240	11	34	as	as	SCONJ
fbem-22240	11	35	to	to	PART
fbem-22240	11	36	influence	influence	VERB
fbem-22240	11	37	the	the	DET
fbem-22240	11	38	views	view	NOUN
fbem-22240	11	39	and	and	CCONJ
fbem-22240	11	40	decisions	decision	NOUN
fbem-22240	11	41	of	of	ADP
fbem-22240	11	42	stakeholders	stakeholder	NOUN
fbem-22240	11	43	[	[	X
fbem-22240	11	44	5	5	NUM
fbem-22240	11	45	]	]	PUNCT
fbem-22240	11	46	.	.	PUNCT
fbem-22240	12	1	earnings	earning	NOUN
fbem-22240	12	2	management	management	NOUN
fbem-22240	12	3	may	may	AUX
fbem-22240	12	4	have	have	VERB
fbem-22240	12	5	a	a	DET
fbem-22240	12	6	direct	direct	ADJ
fbem-22240	12	7	impact	impact	NOUN
fbem-22240	12	8	on	on	ADP
fbem-22240	12	9	the	the	DET
fbem-22240	12	10	financial	financial	ADJ
fbem-22240	12	11	situation	situation	NOUN
fbem-22240	12	12	and	and	CCONJ
fbem-22240	12	13	performance	performance	NOUN
fbem-22240	12	14	of	of	ADP
fbem-22240	12	15	enterprises	enterprise	NOUN
fbem-22240	12	16	,	,	PUNCT
fbem-22240	12	17	so	so	CCONJ
fbem-22240	12	18	there	there	PRON
fbem-22240	12	19	is	be	VERB
fbem-22240	12	20	a	a	DET
fbem-22240	12	21	close	close	ADJ
fbem-22240	12	22	potential	potential	ADJ
fbem-22240	12	23	relationship	relationship	NOUN
fbem-22240	12	24	between	between	ADP
fbem-22240	12	25	it	it	PRON
fbem-22240	12	26	and	and	CCONJ
fbem-22240	12	27	the	the	DET
fbem-22240	12	28	long	long	ADJ
fbem-22240	12	29	-	-	PUNCT
fbem-22240	12	30	term	term	NOUN
fbem-22240	12	31	performance	performance	NOUN
fbem-22240	12	32	of	of	ADP
fbem-22240	12	33	the	the	DET
fbem-22240	12	34	company	company	NOUN
fbem-22240	12	35	[	[	X
fbem-22240	12	36	6	6	NUM
fbem-22240	12	37	]	]	PUNCT
fbem-22240	12	38	.	.	PUNCT
fbem-22240	13	1	the	the	DET
fbem-22240	13	2	purpose	purpose	NOUN
fbem-22240	13	3	of	of	ADP
fbem-22240	13	4	this	this	DET
fbem-22240	13	5	study	study	NOUN
fbem-22240	13	6	is	be	AUX
fbem-22240	13	7	to	to	PART
fbem-22240	13	8	explore	explore	VERB
fbem-22240	13	9	the	the	DET
fbem-22240	13	10	relationship	relationship	NOUN
fbem-22240	13	11	between	between	ADP
fbem-22240	13	12	esg	esg	NOUN
fbem-22240	13	13	rating	rating	NOUN
fbem-22240	13	14	and	and	CCONJ
fbem-22240	13	15	corporate	corporate	ADJ
fbem-22240	13	16	earnings	earning	NOUN
fbem-22240	13	17	management	management	NOUN
fbem-22240	13	18	behavior	behavior	NOUN
fbem-22240	13	19	,	,	PUNCT
fbem-22240	13	20	and	and	CCONJ
fbem-22240	13	21	further	far	ADV
fbem-22240	13	22	analyze	analyze	VERB
fbem-22240	13	23	how	how	SCONJ
fbem-22240	13	24	this	this	DET
fbem-22240	13	25	relationship	relationship	NOUN
fbem-22240	13	26	affects	affect	VERB
fbem-22240	13	27	the	the	DET
fbem-22240	13	28	overall	overall	ADJ
fbem-22240	13	29	performance	performance	NOUN
fbem-22240	13	30	of	of	ADP
fbem-22240	13	31	the	the	DET
fbem-22240	13	32	company	company	NOUN
fbem-22240	13	33	.	.	PUNCT
fbem-22240	14	1	the	the	DET
fbem-22240	14	2	core	core	ADJ
fbem-22240	14	3	purpose	purpose	NOUN
fbem-22240	14	4	of	of	ADP
fbem-22240	14	5	the	the	DET
fbem-22240	14	6	study	study	NOUN
fbem-22240	14	7	is	be	AUX
fbem-22240	14	8	to	to	PART
fbem-22240	14	9	deeply	deeply	ADV
fbem-22240	14	10	understand	understand	VERB
fbem-22240	14	11	how	how	SCONJ
fbem-22240	14	12	esg	esg	NOUN
fbem-22240	14	13	rating	rating	NOUN
fbem-22240	14	14	affects	affect	VERB
fbem-22240	14	15	the	the	DET
fbem-22240	14	16	earnings	earning	NOUN
fbem-22240	14	17	management	management	NOUN
fbem-22240	14	18	strategy	strategy	NOUN
fbem-22240	14	19	of	of	ADP
fbem-22240	14	20	enterprises	enterprise	NOUN
fbem-22240	14	21	and	and	CCONJ
fbem-22240	14	22	explore	explore	VERB
fbem-22240	14	23	the	the	DET
fbem-22240	14	24	long	long	ADJ
fbem-22240	14	25	-	-	PUNCT
fbem-22240	14	26	term	term	NOUN
fbem-22240	14	27	impact	impact	NOUN
fbem-22240	14	28	of	of	ADP
fbem-22240	14	29	this	this	DET
fbem-22240	14	30	strategy	strategy	NOUN
fbem-22240	14	31	on	on	ADP
fbem-22240	14	32	corporate	corporate	ADJ
fbem-22240	14	33	performance	performance	NOUN
fbem-22240	14	34	.	.	PUNCT
fbem-22240	15	1	theoretically	theoretically	ADV
fbem-22240	15	2	speaking	speak	VERB
fbem-22240	15	3	,	,	PUNCT
fbem-22240	15	4	this	this	DET
fbem-22240	15	5	study	study	NOUN
fbem-22240	15	6	is	be	AUX
fbem-22240	15	7	helpful	helpful	ADJ
fbem-22240	15	8	to	to	PART
fbem-22240	15	9	enrich	enrich	VERB
fbem-22240	15	10	and	and	CCONJ
fbem-22240	15	11	improve	improve	VERB
fbem-22240	15	12	the	the	DET
fbem-22240	15	13	theoretical	theoretical	ADJ
fbem-22240	15	14	system	system	NOUN
fbem-22240	15	15	of	of	ADP
fbem-22240	15	16	the	the	DET
fbem-22240	15	17	relationship	relationship	NOUN
fbem-22240	15	18	between	between	ADP
fbem-22240	15	19	esg	esg	NOUN
fbem-22240	15	20	rating	rating	NOUN
fbem-22240	15	21	and	and	CCONJ
fbem-22240	15	22	earnings	earning	NOUN
fbem-22240	15	23	management	management	NOUN
fbem-22240	15	24	,	,	PUNCT
fbem-22240	15	25	and	and	CCONJ
fbem-22240	15	26	provide	provide	VERB
fbem-22240	15	27	new	new	ADJ
fbem-22240	15	28	perspectives	perspective	NOUN
fbem-22240	15	29	and	and	CCONJ
fbem-22240	15	30	ideas	idea	NOUN
fbem-22240	15	31	for	for	ADP
fbem-22240	15	32	research	research	NOUN
fbem-22240	15	33	in	in	ADP
fbem-22240	15	34	related	related	ADJ
fbem-22240	15	35	fields	field	NOUN
fbem-22240	15	36	.	.	PUNCT
fbem-22240	16	1	at	at	ADP
fbem-22240	16	2	the	the	DET
fbem-22240	16	3	same	same	ADJ
fbem-22240	16	4	time	time	NOUN
fbem-22240	16	5	,	,	PUNCT
fbem-22240	16	6	through	through	ADP
fbem-22240	16	7	empirical	empirical	ADJ
fbem-22240	16	8	analysis	analysis	NOUN
fbem-22240	16	9	,	,	PUNCT
fbem-22240	16	10	we	we	PRON
fbem-22240	16	11	can	can	AUX
fbem-22240	16	12	add	add	VERB
fbem-22240	16	13	new	new	ADJ
fbem-22240	16	14	empirical	empirical	ADJ
fbem-22240	16	15	basis	basis	NOUN
fbem-22240	16	16	to	to	ADP
fbem-22240	16	17	the	the	DET
fbem-22240	16	18	existing	exist	VERB
fbem-22240	16	19	enterprise	enterprise	NOUN
fbem-22240	16	20	management	management	NOUN
fbem-22240	16	21	theory	theory	NOUN
fbem-22240	16	22	.	.	PUNCT
fbem-22240	17	1	practically	practically	ADV
fbem-22240	17	2	speaking	speak	VERB
fbem-22240	17	3	,	,	PUNCT
fbem-22240	17	4	understanding	understand	VERB
fbem-22240	17	5	the	the	DET
fbem-22240	17	6	relationship	relationship	NOUN
fbem-22240	17	7	between	between	ADP
fbem-22240	17	8	esg	esg	NOUN
fbem-22240	17	9	rating	rating	NOUN
fbem-22240	17	10	and	and	CCONJ
fbem-22240	17	11	earnings	earning	NOUN
fbem-22240	17	12	management	management	NOUN
fbem-22240	17	13	is	be	AUX
fbem-22240	17	14	helpful	helpful	ADJ
fbem-22240	17	15	for	for	SCONJ
fbem-22240	17	16	enterprises	enterprise	NOUN
fbem-22240	17	17	to	to	PART
fbem-22240	17	18	formulate	formulate	VERB
fbem-22240	17	19	more	more	ADV
fbem-22240	17	20	reasonable	reasonable	ADJ
fbem-22240	17	21	financial	financial	ADJ
fbem-22240	17	22	management	management	NOUN
fbem-22240	17	23	strategies	strategy	NOUN
fbem-22240	17	24	and	and	CCONJ
fbem-22240	17	25	improve	improve	VERB
fbem-22240	17	26	the	the	DET
fbem-22240	17	27	transparency	transparency	NOUN
fbem-22240	17	28	and	and	CCONJ
fbem-22240	17	29	efficiency	efficiency	NOUN
fbem-22240	17	30	of	of	ADP
fbem-22240	17	31	corporate	corporate	ADJ
fbem-22240	17	32	governance	governance	NOUN
fbem-22240	17	33	.	.	PUNCT
fbem-22240	18	1	for	for	ADP
fbem-22240	18	2	investors	investor	NOUN
fbem-22240	18	3	,	,	PUNCT
fbem-22240	18	4	this	this	DET
fbem-22240	18	5	study	study	NOUN
fbem-22240	18	6	also	also	ADV
fbem-22240	18	7	helps	help	VERB
fbem-22240	18	8	them	they	PRON
fbem-22240	18	9	to	to	PART
fbem-22240	18	10	evaluate	evaluate	VERB
fbem-22240	18	11	the	the	DET
fbem-22240	18	12	long	long	ADJ
fbem-22240	18	13	-	-	PUNCT
fbem-22240	18	14	term	term	NOUN
fbem-22240	18	15	performance	performance	NOUN
fbem-22240	18	16	and	and	CCONJ
fbem-22240	18	17	investment	investment	NOUN
fbem-22240	18	18	value	value	NOUN
fbem-22240	18	19	of	of	ADP
fbem-22240	18	20	enterprises	enterprise	NOUN
fbem-22240	18	21	more	more	ADV
fbem-22240	18	22	accurately	accurately	ADV
fbem-22240	18	23	,	,	PUNCT
fbem-22240	18	24	so	so	SCONJ
fbem-22240	18	25	as	as	SCONJ
fbem-22240	18	26	to	to	PART
fbem-22240	18	27	make	make	VERB
fbem-22240	18	28	more	more	ADV
fbem-22240	18	29	informed	informed	ADJ
fbem-22240	18	30	investment	investment	NOUN
fbem-22240	18	31	decisions	decision	NOUN
fbem-22240	18	32	.	.	PUNCT
fbem-22240	19	1	2	2	X
fbem-22240	19	2	.	.	X
fbem-22240	19	3	discussion	discussion	NOUN
fbem-22240	19	4	on	on	ADP
fbem-22240	19	5	the	the	DET
fbem-22240	19	6	relationship	relationship	NOUN
fbem-22240	19	7	between	between	ADP
fbem-22240	19	8	esg	esg	NOUN
fbem-22240	19	9	rating	rating	NOUN
fbem-22240	19	10	and	and	CCONJ
fbem-22240	19	11	earnings	earning	NOUN
fbem-22240	19	12	management	management	NOUN
fbem-22240	19	13	esg	esg	NOUN
fbem-22240	19	14	rating	rating	NOUN
fbem-22240	19	15	system	system	NOUN
fbem-22240	19	16	originated	originate	VERB
fbem-22240	19	17	in	in	ADP
fbem-22240	19	18	the	the	DET
fbem-22240	19	19	early	early	ADJ
fbem-22240	19	20	21st	21st	ADJ
fbem-22240	19	21	century	century	NOUN
fbem-22240	19	22	.	.	PUNCT
fbem-22240	20	1	with	with	ADP
fbem-22240	20	2	the	the	DET
fbem-22240	20	3	increasing	increase	VERB
fbem-22240	20	4	concern	concern	NOUN
fbem-22240	20	5	of	of	ADP
fbem-22240	20	6	sustainable	sustainable	ADJ
fbem-22240	20	7	development	development	NOUN
fbem-22240	20	8	and	and	CCONJ
fbem-22240	20	9	social	social	ADJ
fbem-22240	20	10	responsibility	responsibility	NOUN
fbem-22240	20	11	around	around	ADP
fbem-22240	20	12	the	the	DET
fbem-22240	20	13	world	world	NOUN
fbem-22240	20	14	,	,	PUNCT
fbem-22240	20	15	this	this	DET
fbem-22240	20	16	rating	rating	NOUN
fbem-22240	20	17	system	system	NOUN
fbem-22240	20	18	has	have	AUX
fbem-22240	20	19	been	be	AUX
fbem-22240	20	20	widely	widely	ADV
fbem-22240	20	21	used	use	VERB
fbem-22240	20	22	and	and	CCONJ
fbem-22240	20	23	popularized	popularize	VERB
fbem-22240	20	24	[	[	PUNCT
fbem-22240	20	25	7	7	NUM
fbem-22240	20	26	]	]	PUNCT
fbem-22240	20	27	.	.	PUNCT
fbem-22240	21	1	esg	esg	NOUN
fbem-22240	21	2	rating	rating	NOUN
fbem-22240	21	3	not	not	PART
fbem-22240	21	4	only	only	ADV
fbem-22240	21	5	covers	cover	VERB
fbem-22240	21	6	the	the	DET
fbem-22240	21	7	performance	performance	NOUN
fbem-22240	21	8	of	of	ADP
fbem-22240	21	9	enterprises	enterprise	NOUN
fbem-22240	21	10	in	in	ADP
fbem-22240	21	11	environmental	environmental	ADJ
fbem-22240	21	12	protection	protection	NOUN
fbem-22240	21	13	,	,	PUNCT
fbem-22240	21	14	social	social	ADJ
fbem-22240	21	15	responsibility	responsibility	NOUN
fbem-22240	21	16	performance	performance	NOUN
fbem-22240	21	17	and	and	CCONJ
fbem-22240	21	18	corporate	corporate	ADJ
fbem-22240	21	19	governance	governance	NOUN
fbem-22240	21	20	structure	structure	NOUN
fbem-22240	21	21	,	,	PUNCT
fbem-22240	21	22	but	but	CCONJ
fbem-22240	21	23	also	also	ADV
fbem-22240	21	24	provides	provide	VERB
fbem-22240	21	25	investors	investor	NOUN
fbem-22240	21	26	,	,	PUNCT
fbem-22240	21	27	government	government	NOUN
fbem-22240	21	28	agencies	agency	NOUN
fbem-22240	21	29	and	and	CCONJ
fbem-22240	21	30	stakeholders	stakeholder	NOUN
fbem-22240	21	31	with	with	ADP
fbem-22240	21	32	a	a	DET
fbem-22240	21	33	comprehensive	comprehensive	ADJ
fbem-22240	21	34	and	and	CCONJ
fbem-22240	21	35	objective	objective	ADJ
fbem-22240	21	36	enterprise	enterprise	NOUN
fbem-22240	21	37	evaluation	evaluation	NOUN
fbem-22240	21	38	tool	tool	NOUN
fbem-22240	21	39	through	through	ADP
fbem-22240	21	40	the	the	DET
fbem-22240	21	41	combination	combination	NOUN
fbem-22240	21	42	of	of	ADP
fbem-22240	21	43	quantitative	quantitative	ADJ
fbem-22240	21	44	indicators	indicator	NOUN
fbem-22240	21	45	and	and	CCONJ
fbem-22240	21	46	qualitative	qualitative	ADJ
fbem-22240	21	47	evaluation	evaluation	NOUN
fbem-22240	21	48	.	.	PUNCT
fbem-22240	22	1	nowadays	nowadays	ADV
fbem-22240	22	2	,	,	PUNCT
fbem-22240	22	3	esg	esg	NOUN
fbem-22240	22	4	rating	rating	NOUN
fbem-22240	22	5	has	have	AUX
fbem-22240	22	6	become	become	VERB
fbem-22240	22	7	an	an	DET
fbem-22240	22	8	important	important	ADJ
fbem-22240	22	9	reference	reference	NOUN
fbem-22240	22	10	index	index	NOUN
fbem-22240	22	11	in	in	ADP
fbem-22240	22	12	the	the	DET
fbem-22240	22	13	field	field	NOUN
fbem-22240	22	14	of	of	ADP
fbem-22240	22	15	international	international	ADJ
fbem-22240	22	16	investment	investment	NOUN
fbem-22240	22	17	,	,	PUNCT
fbem-22240	22	18	which	which	PRON
fbem-22240	22	19	has	have	VERB
fbem-22240	22	20	a	a	DET
fbem-22240	22	21	far	far	ADV
fbem-22240	22	22	-	-	PUNCT
fbem-22240	22	23	reaching	reach	VERB
fbem-22240	22	24	impact	impact	NOUN
fbem-22240	22	25	on	on	ADP
fbem-22240	22	26	the	the	DET
fbem-22240	22	27	financing	financing	NOUN
fbem-22240	22	28	,	,	PUNCT
fbem-22240	22	29	brand	brand	NOUN
fbem-22240	22	30	image	image	NOUN
fbem-22240	22	31	and	and	CCONJ
fbem-22240	22	32	market	market	NOUN
fbem-22240	22	33	competitiveness	competitiveness	NOUN
fbem-22240	22	34	of	of	ADP
fbem-22240	22	35	enterprises	enterprise	NOUN
fbem-22240	22	36	.	.	PUNCT
fbem-22240	23	1	earnings	earning	NOUN
fbem-22240	23	2	management	management	NOUN
fbem-22240	23	3	,	,	PUNCT
fbem-22240	23	4	as	as	ADP
fbem-22240	23	5	one	one	NUM
fbem-22240	23	6	of	of	ADP
fbem-22240	23	7	the	the	DET
fbem-22240	23	8	important	important	ADJ
fbem-22240	23	9	means	mean	NOUN
fbem-22240	23	10	of	of	ADP
fbem-22240	23	11	enterprise	enterprise	NOUN
fbem-22240	23	12	financial	financial	ADJ
fbem-22240	23	13	management	management	NOUN
fbem-22240	23	14	,	,	PUNCT
fbem-22240	23	15	has	have	AUX
fbem-22240	23	16	always	always	ADV
fbem-22240	23	17	been	be	AUX
fbem-22240	23	18	the	the	DET
fbem-22240	23	19	focus	focus	NOUN
fbem-22240	23	20	of	of	ADP
fbem-22240	23	21	academic	academic	ADJ
fbem-22240	23	22	and	and	CCONJ
fbem-22240	23	23	practical	practical	ADJ
fbem-22240	23	24	circles	circle	NOUN
fbem-22240	23	25	[	[	X
fbem-22240	23	26	8	8	NUM
fbem-22240	23	27	]	]	PUNCT
fbem-22240	23	28	.	.	PUNCT
fbem-22240	24	1	the	the	DET
fbem-22240	24	2	current	current	ADJ
fbem-22240	24	3	research	research	NOUN
fbem-22240	24	4	mainly	mainly	ADV
fbem-22240	24	5	focuses	focus	VERB
fbem-22240	24	6	on	on	ADP
fbem-22240	24	7	the	the	DET
fbem-22240	24	8	motivation	motivation	NOUN
fbem-22240	24	9	,	,	PUNCT
fbem-22240	24	10	means	mean	VERB
fbem-22240	24	11	and	and	CCONJ
fbem-22240	24	12	economic	economic	ADJ
fbem-22240	24	13	consequences	consequence	NOUN
fbem-22240	24	14	of	of	ADP
fbem-22240	24	15	earnings	earning	NOUN
fbem-22240	24	16	management	management	NOUN
fbem-22240	24	17	.	.	PUNCT
fbem-22240	25	1	in	in	ADP
fbem-22240	25	2	terms	term	NOUN
fbem-22240	25	3	of	of	ADP
fbem-22240	25	4	motivation	motivation	NOUN
fbem-22240	25	5	,	,	PUNCT
fbem-22240	25	6	scholars	scholar	NOUN
fbem-22240	25	7	generally	generally	ADV
fbem-22240	25	8	believe	believe	VERB
fbem-22240	25	9	that	that	SCONJ
fbem-22240	25	10	earnings	earning	NOUN
fbem-22240	25	11	management	management	NOUN
fbem-22240	25	12	is	be	AUX
fbem-22240	25	13	to	to	PART
fbem-22240	25	14	achieve	achieve	VERB
fbem-22240	25	15	specific	specific	ADJ
fbem-22240	25	16	financial	financial	ADJ
fbem-22240	25	17	goals	goal	NOUN
fbem-22240	25	18	or	or	CCONJ
fbem-22240	25	19	meet	meet	VERB
fbem-22240	25	20	the	the	DET
fbem-22240	25	21	expectations	expectation	NOUN
fbem-22240	25	22	of	of	ADP
fbem-22240	25	23	stakeholders	stakeholder	NOUN
fbem-22240	25	24	.	.	PUNCT
fbem-22240	26	1	in	in	ADP
fbem-22240	26	2	terms	term	NOUN
fbem-22240	26	3	of	of	ADP
fbem-22240	26	4	means	mean	NOUN
fbem-22240	26	5	,	,	PUNCT
fbem-22240	26	6	enterprises	enterprise	NOUN
fbem-22240	26	7	may	may	AUX
fbem-22240	26	8	adjust	adjust	VERB
fbem-22240	26	9	their	their	PRON
fbem-22240	26	10	earnings	earning	NOUN
fbem-22240	26	11	through	through	ADP
fbem-22240	26	12	accounting	accounting	NOUN
fbem-22240	26	13	policy	policy	NOUN
fbem-22240	26	14	selection	selection	NOUN
fbem-22240	26	15	and	and	CCONJ
fbem-22240	26	16	accrual	accrual	ADJ
fbem-22240	26	17	project	project	NOUN
fbem-22240	26	18	management	management	NOUN
fbem-22240	26	19	.	.	PUNCT
fbem-22240	27	1	in	in	ADP
fbem-22240	27	2	terms	term	NOUN
fbem-22240	27	3	of	of	ADP
fbem-22240	27	4	economic	economic	ADJ
fbem-22240	27	5	consequences	consequence	NOUN
fbem-22240	27	6	,	,	PUNCT
fbem-22240	27	7	earnings	earning	NOUN
fbem-22240	27	8	management	management	NOUN
fbem-22240	27	9	may	may	AUX
fbem-22240	27	10	have	have	VERB
fbem-22240	27	11	an	an	DET
fbem-22240	27	12	impact	impact	NOUN
fbem-22240	27	13	on	on	ADP
fbem-22240	27	14	the	the	DET
fbem-22240	27	15	stock	stock	NOUN
fbem-22240	27	16	price	price	NOUN
fbem-22240	27	17	,	,	PUNCT
fbem-22240	27	18	financing	financing	NOUN
fbem-22240	27	19	cost	cost	NOUN
fbem-22240	27	20	and	and	CCONJ
fbem-22240	27	21	market	market	NOUN
fbem-22240	27	22	competitiveness	competitiveness	NOUN
fbem-22240	27	23	of	of	ADP
fbem-22240	27	24	enterprises	enterprise	NOUN
fbem-22240	27	25	.	.	PUNCT
fbem-22240	28	1	however	however	ADV
fbem-22240	28	2	,	,	PUNCT
fbem-22240	28	3	the	the	DET
fbem-22240	28	4	research	research	NOUN
fbem-22240	28	5	on	on	ADP
fbem-22240	28	6	the	the	DET
fbem-22240	28	7	relationship	relationship	NOUN
fbem-22240	28	8	between	between	ADP
fbem-22240	28	9	earnings	earning	NOUN
fbem-22240	28	10	management	management	NOUN
fbem-22240	28	11	and	and	CCONJ
fbem-22240	28	12	esg	esg	NOUN
fbem-22240	28	13	rating	rating	NOUN
fbem-22240	28	14	is	be	AUX
fbem-22240	28	15	still	still	ADV
fbem-22240	28	16	insufficient	insufficient	ADJ
fbem-22240	28	17	.	.	PUNCT
fbem-22240	29	1	although	although	SCONJ
fbem-22240	29	2	there	there	PRON
fbem-22240	29	3	are	be	VERB
fbem-22240	29	4	relatively	relatively	ADV
fbem-22240	29	5	few	few	ADJ
fbem-22240	29	6	studies	study	NOUN
fbem-22240	29	7	on	on	ADP
fbem-22240	29	8	the	the	DET
fbem-22240	29	9	direct	direct	ADJ
fbem-22240	29	10	121	121	NUM
fbem-22240	29	11	relationship	relationship	NOUN
fbem-22240	29	12	between	between	ADP
fbem-22240	29	13	esg	esg	NOUN
fbem-22240	29	14	rating	rating	NOUN
fbem-22240	29	15	and	and	CCONJ
fbem-22240	29	16	earnings	earning	NOUN
fbem-22240	29	17	management	management	NOUN
fbem-22240	29	18	,	,	PUNCT
fbem-22240	29	19	some	some	DET
fbem-22240	29	20	studies	study	NOUN
fbem-22240	29	21	have	have	AUX
fbem-22240	29	22	begun	begin	VERB
fbem-22240	29	23	to	to	PART
fbem-22240	29	24	pay	pay	VERB
fbem-22240	29	25	attention	attention	NOUN
fbem-22240	29	26	to	to	ADP
fbem-22240	29	27	this	this	DET
fbem-22240	29	28	field	field	NOUN
fbem-22240	29	29	.	.	PUNCT
fbem-22240	30	1	some	some	DET
fbem-22240	30	2	studies	study	NOUN
fbem-22240	30	3	show	show	VERB
fbem-22240	30	4	that	that	SCONJ
fbem-22240	30	5	enterprises	enterprise	NOUN
fbem-22240	30	6	with	with	ADP
fbem-22240	30	7	high	high	ADJ
fbem-22240	30	8	esg	esg	NOUN
fbem-22240	30	9	rating	rating	NOUN
fbem-22240	30	10	tend	tend	VERB
fbem-22240	30	11	to	to	PART
fbem-22240	30	12	pay	pay	VERB
fbem-22240	30	13	more	more	ADJ
fbem-22240	30	14	attention	attention	NOUN
fbem-22240	30	15	to	to	ADP
fbem-22240	30	16	social	social	ADJ
fbem-22240	30	17	responsibility	responsibility	NOUN
fbem-22240	30	18	and	and	CCONJ
fbem-22240	30	19	corporate	corporate	ADJ
fbem-22240	30	20	governance	governance	NOUN
fbem-22240	30	21	structure	structure	NOUN
fbem-22240	30	22	,	,	PUNCT
fbem-22240	30	23	which	which	PRON
fbem-22240	30	24	may	may	AUX
fbem-22240	30	25	have	have	VERB
fbem-22240	30	26	a	a	DET
fbem-22240	30	27	positive	positive	ADJ
fbem-22240	30	28	impact	impact	NOUN
fbem-22240	30	29	on	on	ADP
fbem-22240	30	30	earnings	earning	NOUN
fbem-22240	30	31	management	management	NOUN
fbem-22240	30	32	behavior	behavior	NOUN
fbem-22240	31	1	[	[	X
fbem-22240	31	2	9	9	NUM
fbem-22240	31	3	]	]	PUNCT
fbem-22240	31	4	.	.	PUNCT
fbem-22240	32	1	for	for	ADP
fbem-22240	32	2	example	example	NOUN
fbem-22240	32	3	,	,	PUNCT
fbem-22240	32	4	these	these	DET
fbem-22240	32	5	enterprises	enterprise	NOUN
fbem-22240	32	6	may	may	AUX
fbem-22240	32	7	prefer	prefer	VERB
fbem-22240	32	8	to	to	PART
fbem-22240	32	9	adopt	adopt	VERB
fbem-22240	32	10	more	more	ADV
fbem-22240	32	11	transparent	transparent	ADJ
fbem-22240	32	12	and	and	CCONJ
fbem-22240	32	13	standardized	standardized	ADJ
fbem-22240	32	14	financial	financial	ADJ
fbem-22240	32	15	management	management	NOUN
fbem-22240	32	16	strategies	strategy	NOUN
fbem-22240	32	17	to	to	PART
fbem-22240	32	18	reduce	reduce	VERB
fbem-22240	32	19	the	the	DET
fbem-22240	32	20	degree	degree	NOUN
fbem-22240	32	21	of	of	ADP
fbem-22240	32	22	earnings	earning	NOUN
fbem-22240	32	23	management	management	NOUN
fbem-22240	32	24	.	.	PUNCT
fbem-22240	33	1	however	however	ADV
fbem-22240	33	2	,	,	PUNCT
fbem-22240	33	3	some	some	DET
fbem-22240	33	4	studies	study	NOUN
fbem-22240	33	5	have	have	AUX
fbem-22240	33	6	pointed	point	VERB
fbem-22240	33	7	out	out	ADP
fbem-22240	33	8	that	that	SCONJ
fbem-22240	33	9	there	there	PRON
fbem-22240	33	10	may	may	AUX
fbem-22240	33	11	be	be	AUX
fbem-22240	33	12	a	a	DET
fbem-22240	33	13	complex	complex	ADJ
fbem-22240	33	14	relationship	relationship	NOUN
fbem-22240	33	15	between	between	ADP
fbem-22240	33	16	esg	esg	NOUN
fbem-22240	33	17	rating	rating	NOUN
fbem-22240	33	18	and	and	CCONJ
fbem-22240	33	19	earnings	earning	NOUN
fbem-22240	33	20	management	management	NOUN
fbem-22240	33	21	,	,	PUNCT
fbem-22240	33	22	which	which	PRON
fbem-22240	33	23	needs	need	VERB
fbem-22240	33	24	further	further	ADJ
fbem-22240	33	25	study	study	NOUN
fbem-22240	33	26	and	and	CCONJ
fbem-22240	33	27	discussion	discussion	NOUN
fbem-22240	33	28	.	.	PUNCT
fbem-22240	34	1	this	this	DET
fbem-22240	34	2	study	study	NOUN
fbem-22240	34	3	aims	aim	VERB
fbem-22240	34	4	to	to	PART
fbem-22240	34	5	fill	fill	VERB
fbem-22240	34	6	this	this	DET
fbem-22240	34	7	research	research	NOUN
fbem-22240	34	8	gap	gap	NOUN
fbem-22240	34	9	and	and	CCONJ
fbem-22240	34	10	provide	provide	VERB
fbem-22240	34	11	new	new	ADJ
fbem-22240	34	12	ideas	idea	NOUN
fbem-22240	34	13	and	and	CCONJ
fbem-22240	34	14	directions	direction	NOUN
fbem-22240	34	15	for	for	ADP
fbem-22240	34	16	research	research	NOUN
fbem-22240	34	17	in	in	ADP
fbem-22240	34	18	related	related	ADJ
fbem-22240	34	19	fields	field	NOUN
fbem-22240	34	20	.	.	PUNCT
fbem-22240	35	1	3	3	X
fbem-22240	35	2	.	.	X
fbem-22240	35	3	theoretical	theoretical	ADJ
fbem-22240	35	4	framework	framework	NOUN
fbem-22240	35	5	and	and	CCONJ
fbem-22240	35	6	research	research	NOUN
fbem-22240	35	7	hypothesis	hypothesis	NOUN
fbem-22240	35	8	the	the	DET
fbem-22240	35	9	theoretical	theoretical	ADJ
fbem-22240	35	10	framework	framework	NOUN
fbem-22240	35	11	of	of	ADP
fbem-22240	35	12	this	this	DET
fbem-22240	35	13	study	study	NOUN
fbem-22240	35	14	mainly	mainly	ADV
fbem-22240	35	15	focuses	focus	VERB
fbem-22240	35	16	on	on	ADP
fbem-22240	35	17	the	the	DET
fbem-22240	35	18	relationship	relationship	NOUN
fbem-22240	35	19	among	among	ADP
fbem-22240	35	20	esg	esg	PROPN
fbem-22240	35	21	rating	rating	NOUN
fbem-22240	35	22	,	,	PUNCT
fbem-22240	35	23	earnings	earning	NOUN
fbem-22240	35	24	management	management	NOUN
fbem-22240	35	25	and	and	CCONJ
fbem-22240	35	26	corporate	corporate	ADJ
fbem-22240	35	27	performance	performance	NOUN
fbem-22240	35	28	.	.	PUNCT
fbem-22240	36	1	we	we	PRON
fbem-22240	36	2	assume	assume	VERB
fbem-22240	36	3	that	that	SCONJ
fbem-22240	36	4	esg	esg	NOUN
fbem-22240	36	5	rating	rating	NOUN
fbem-22240	36	6	can	can	AUX
fbem-22240	36	7	affect	affect	VERB
fbem-22240	36	8	the	the	DET
fbem-22240	36	9	earnings	earning	NOUN
fbem-22240	36	10	management	management	NOUN
fbem-22240	36	11	behavior	behavior	NOUN
fbem-22240	36	12	of	of	ADP
fbem-22240	36	13	enterprises	enterprise	NOUN
fbem-22240	36	14	,	,	PUNCT
fbem-22240	36	15	and	and	CCONJ
fbem-22240	36	16	the	the	DET
fbem-22240	36	17	standardization	standardization	NOUN
fbem-22240	36	18	of	of	ADP
fbem-22240	36	19	earnings	earning	NOUN
fbem-22240	36	20	management	management	NOUN
fbem-22240	36	21	further	far	ADV
fbem-22240	36	22	affects	affect	VERB
fbem-22240	36	23	the	the	DET
fbem-22240	36	24	company	company	NOUN
fbem-22240	36	25	's	's	PART
fbem-22240	36	26	performance	performance	NOUN
fbem-22240	36	27	.	.	PUNCT
fbem-22240	37	1	enterprises	enterprise	NOUN
fbem-22240	37	2	with	with	ADP
fbem-22240	37	3	high	high	ADJ
fbem-22240	37	4	esg	esg	NOUN
fbem-22240	37	5	rating	rating	NOUN
fbem-22240	37	6	tend	tend	VERB
fbem-22240	37	7	to	to	PART
fbem-22240	37	8	pay	pay	VERB
fbem-22240	37	9	attention	attention	NOUN
fbem-22240	37	10	to	to	ADP
fbem-22240	37	11	sustainable	sustainable	ADJ
fbem-22240	37	12	development	development	NOUN
fbem-22240	37	13	and	and	CCONJ
fbem-22240	37	14	social	social	ADJ
fbem-22240	37	15	responsibility	responsibility	NOUN
fbem-22240	37	16	.	.	PUNCT
fbem-22240	38	1	this	this	DET
fbem-22240	38	2	value	value	NOUN
fbem-22240	38	3	orientation	orientation	NOUN
fbem-22240	38	4	may	may	AUX
fbem-22240	38	5	lead	lead	VERB
fbem-22240	38	6	enterprises	enterprise	NOUN
fbem-22240	38	7	to	to	PART
fbem-22240	38	8	adopt	adopt	VERB
fbem-22240	38	9	more	more	ADV
fbem-22240	38	10	standardized	standardized	ADJ
fbem-22240	38	11	and	and	CCONJ
fbem-22240	38	12	transparent	transparent	ADJ
fbem-22240	38	13	earnings	earning	NOUN
fbem-22240	38	14	management	management	NOUN
fbem-22240	38	15	methods	method	NOUN
fbem-22240	38	16	,	,	PUNCT
fbem-22240	38	17	thus	thus	ADV
fbem-22240	38	18	enhancing	enhance	VERB
fbem-22240	38	19	the	the	DET
fbem-22240	38	20	company	company	NOUN
fbem-22240	38	21	's	's	PART
fbem-22240	38	22	reputation	reputation	NOUN
fbem-22240	38	23	and	and	CCONJ
fbem-22240	38	24	market	market	NOUN
fbem-22240	38	25	recognition	recognition	NOUN
fbem-22240	38	26	,	,	PUNCT
fbem-22240	38	27	which	which	PRON
fbem-22240	38	28	is	be	AUX
fbem-22240	38	29	ultimately	ultimately	ADV
fbem-22240	38	30	reflected	reflect	VERB
fbem-22240	38	31	in	in	ADP
fbem-22240	38	32	the	the	DET
fbem-22240	38	33	company	company	NOUN
fbem-22240	38	34	's	's	PART
fbem-22240	38	35	financial	financial	ADJ
fbem-22240	38	36	performance	performance	NOUN
fbem-22240	38	37	.	.	PUNCT
fbem-22240	39	1	in	in	ADP
fbem-22240	39	2	this	this	DET
fbem-22240	39	3	theoretical	theoretical	ADJ
fbem-22240	39	4	framework	framework	NOUN
fbem-22240	39	5	,	,	PUNCT
fbem-22240	39	6	esg	esg	NOUN
fbem-22240	39	7	rating	rating	NOUN
fbem-22240	39	8	is	be	AUX
fbem-22240	39	9	the	the	DET
fbem-22240	39	10	starting	starting	NOUN
fbem-22240	39	11	point	point	NOUN
fbem-22240	39	12	,	,	PUNCT
fbem-22240	39	13	which	which	PRON
fbem-22240	39	14	reflects	reflect	VERB
fbem-22240	39	15	the	the	DET
fbem-22240	39	16	comprehensive	comprehensive	ADJ
fbem-22240	39	17	performance	performance	NOUN
fbem-22240	39	18	of	of	ADP
fbem-22240	39	19	enterprises	enterprise	NOUN
fbem-22240	39	20	in	in	ADP
fbem-22240	39	21	environment	environment	NOUN
fbem-22240	39	22	,	,	PUNCT
fbem-22240	39	23	society	society	NOUN
fbem-22240	39	24	and	and	CCONJ
fbem-22240	39	25	governance	governance	NOUN
fbem-22240	39	26	.	.	PUNCT
fbem-22240	40	1	earnings	earning	NOUN
fbem-22240	40	2	management	management	NOUN
fbem-22240	40	3	,	,	PUNCT
fbem-22240	40	4	as	as	ADP
fbem-22240	40	5	an	an	DET
fbem-22240	40	6	intermediate	intermediate	ADJ
fbem-22240	40	7	link	link	NOUN
fbem-22240	40	8	,	,	PUNCT
fbem-22240	40	9	is	be	AUX
fbem-22240	40	10	potentially	potentially	ADV
fbem-22240	40	11	influenced	influence	VERB
fbem-22240	40	12	by	by	ADP
fbem-22240	40	13	esg	esg	NOUN
fbem-22240	40	14	rating	rating	NOUN
fbem-22240	40	15	,	,	PUNCT
fbem-22240	40	16	which	which	PRON
fbem-22240	40	17	reflects	reflect	VERB
fbem-22240	40	18	the	the	DET
fbem-22240	40	19	behavior	behavior	NOUN
fbem-22240	40	20	choice	choice	NOUN
fbem-22240	40	21	of	of	ADP
fbem-22240	40	22	enterprises	enterprise	NOUN
fbem-22240	40	23	in	in	ADP
fbem-22240	40	24	financial	financial	ADJ
fbem-22240	40	25	reporting	reporting	NOUN
fbem-22240	40	26	.	.	PUNCT
fbem-22240	41	1	corporate	corporate	ADJ
fbem-22240	41	2	performance	performance	NOUN
fbem-22240	41	3	is	be	AUX
fbem-22240	41	4	the	the	DET
fbem-22240	41	5	terminal	terminal	NOUN
fbem-22240	41	6	of	of	ADP
fbem-22240	41	7	this	this	DET
fbem-22240	41	8	chain	chain	NOUN
fbem-22240	41	9	,	,	PUNCT
fbem-22240	41	10	which	which	PRON
fbem-22240	41	11	is	be	AUX
fbem-22240	41	12	not	not	PART
fbem-22240	41	13	only	only	ADV
fbem-22240	41	14	the	the	DET
fbem-22240	41	15	result	result	NOUN
fbem-22240	41	16	of	of	ADP
fbem-22240	41	17	earnings	earning	NOUN
fbem-22240	41	18	management	management	NOUN
fbem-22240	41	19	behavior	behavior	NOUN
fbem-22240	41	20	,	,	PUNCT
fbem-22240	41	21	but	but	CCONJ
fbem-22240	41	22	also	also	ADV
fbem-22240	41	23	the	the	DET
fbem-22240	41	24	comprehensive	comprehensive	ADJ
fbem-22240	41	25	embodiment	embodiment	NOUN
fbem-22240	41	26	of	of	ADP
fbem-22240	41	27	esg	esg	NOUN
fbem-22240	41	28	rating	rating	NOUN
fbem-22240	41	29	and	and	CCONJ
fbem-22240	41	30	overall	overall	ADJ
fbem-22240	41	31	operation	operation	NOUN
fbem-22240	41	32	quality	quality	NOUN
fbem-22240	41	33	of	of	ADP
fbem-22240	41	34	enterprises	enterprise	NOUN
fbem-22240	41	35	.	.	PUNCT
fbem-22240	42	1	based	base	VERB
fbem-22240	42	2	on	on	ADP
fbem-22240	42	3	the	the	DET
fbem-22240	42	4	above	above	ADJ
fbem-22240	42	5	theoretical	theoretical	ADJ
fbem-22240	42	6	framework	framework	NOUN
fbem-22240	42	7	,	,	PUNCT
fbem-22240	42	8	this	this	DET
fbem-22240	42	9	paper	paper	NOUN
fbem-22240	42	10	puts	put	VERB
fbem-22240	42	11	forward	forward	ADV
fbem-22240	42	12	the	the	DET
fbem-22240	42	13	following	follow	VERB
fbem-22240	42	14	core	core	NOUN
fbem-22240	42	15	assumptions	assumption	NOUN
fbem-22240	42	16	:	:	PUNCT
fbem-22240	42	17	enterprises	enterprise	NOUN
fbem-22240	42	18	with	with	ADP
fbem-22240	42	19	high	high	ADJ
fbem-22240	42	20	esg	esg	NOUN
fbem-22240	42	21	rating	rating	NOUN
fbem-22240	42	22	have	have	VERB
fbem-22240	42	23	more	more	ADJ
fbem-22240	42	24	standardized	standardized	ADJ
fbem-22240	42	25	earnings	earning	NOUN
fbem-22240	42	26	management	management	NOUN
fbem-22240	42	27	behavior	behavior	NOUN
fbem-22240	42	28	,	,	PUNCT
fbem-22240	42	29	which	which	PRON
fbem-22240	42	30	will	will	AUX
fbem-22240	42	31	bring	bring	VERB
fbem-22240	42	32	better	well	ADJ
fbem-22240	42	33	company	company	NOUN
fbem-22240	42	34	performance	performance	NOUN
fbem-22240	42	35	.	.	PUNCT
fbem-22240	43	1	specifically	specifically	ADV
fbem-22240	43	2	,	,	PUNCT
fbem-22240	43	3	we	we	PRON
fbem-22240	43	4	expect	expect	VERB
fbem-22240	43	5	that	that	SCONJ
fbem-22240	43	6	esg	esg	NOUN
fbem-22240	43	7	rating	rating	NOUN
fbem-22240	43	8	has	have	VERB
fbem-22240	43	9	a	a	DET
fbem-22240	43	10	positive	positive	ADJ
fbem-22240	43	11	correlation	correlation	NOUN
fbem-22240	43	12	with	with	ADP
fbem-22240	43	13	the	the	DET
fbem-22240	43	14	standardization	standardization	NOUN
fbem-22240	43	15	of	of	ADP
fbem-22240	43	16	earnings	earning	NOUN
fbem-22240	43	17	management	management	NOUN
fbem-22240	43	18	,	,	PUNCT
fbem-22240	43	19	and	and	CCONJ
fbem-22240	43	20	there	there	PRON
fbem-22240	43	21	is	be	VERB
fbem-22240	43	22	also	also	ADV
fbem-22240	43	23	a	a	DET
fbem-22240	43	24	positive	positive	ADJ
fbem-22240	43	25	correlation	correlation	NOUN
fbem-22240	43	26	between	between	ADP
fbem-22240	43	27	the	the	DET
fbem-22240	43	28	standardization	standardization	NOUN
fbem-22240	43	29	of	of	ADP
fbem-22240	43	30	earnings	earning	NOUN
fbem-22240	43	31	management	management	NOUN
fbem-22240	43	32	and	and	CCONJ
fbem-22240	43	33	corporate	corporate	ADJ
fbem-22240	43	34	performance	performance	NOUN
fbem-22240	43	35	.	.	PUNCT
fbem-22240	44	1	therefore	therefore	ADV
fbem-22240	44	2	,	,	PUNCT
fbem-22240	44	3	by	by	ADP
fbem-22240	44	4	upgrading	upgrade	VERB
fbem-22240	44	5	esg	esg	PROPN
fbem-22240	44	6	rating	rating	NOUN
fbem-22240	44	7	,	,	PUNCT
fbem-22240	44	8	enterprises	enterprise	NOUN
fbem-22240	44	9	can	can	AUX
fbem-22240	44	10	indirectly	indirectly	ADV
fbem-22240	44	11	improve	improve	VERB
fbem-22240	44	12	their	their	PRON
fbem-22240	44	13	earnings	earning	NOUN
fbem-22240	44	14	management	management	NOUN
fbem-22240	44	15	behavior	behavior	NOUN
fbem-22240	44	16	,	,	PUNCT
fbem-22240	44	17	and	and	CCONJ
fbem-22240	44	18	then	then	ADV
fbem-22240	44	19	improve	improve	VERB
fbem-22240	44	20	corporate	corporate	ADJ
fbem-22240	44	21	performance	performance	NOUN
fbem-22240	44	22	.	.	PUNCT
fbem-22240	45	1	4	4	X
fbem-22240	45	2	.	.	X
fbem-22240	45	3	research	research	NOUN
fbem-22240	45	4	methods	method	NOUN
fbem-22240	45	5	and	and	CCONJ
fbem-22240	45	6	data	datum	NOUN
fbem-22240	45	7	4.1	4.1	NUM
fbem-22240	45	8	.	.	PUNCT
fbem-22240	46	1	overview	overview	NOUN
fbem-22240	46	2	of	of	ADP
fbem-22240	46	3	methods	method	NOUN
fbem-22240	46	4	and	and	CCONJ
fbem-22240	46	5	data	datum	NOUN
fbem-22240	46	6	this	this	DET
fbem-22240	46	7	study	study	NOUN
fbem-22240	46	8	uses	use	VERB
fbem-22240	46	9	quantitative	quantitative	ADJ
fbem-22240	46	10	analysis	analysis	NOUN
fbem-22240	46	11	method	method	NOUN
fbem-22240	46	12	to	to	PART
fbem-22240	46	13	verify	verify	VERB
fbem-22240	46	14	the	the	DET
fbem-22240	46	15	above	above	ADJ
fbem-22240	46	16	hypothesis	hypothesis	NOUN
fbem-22240	46	17	by	by	ADP
fbem-22240	46	18	collecting	collect	VERB
fbem-22240	46	19	and	and	CCONJ
fbem-22240	46	20	analyzing	analyze	VERB
fbem-22240	46	21	relevant	relevant	ADJ
fbem-22240	46	22	data	datum	NOUN
fbem-22240	46	23	.	.	PUNCT
fbem-22240	47	1	specifically	specifically	ADV
fbem-22240	47	2	,	,	PUNCT
fbem-22240	47	3	this	this	DET
fbem-22240	47	4	paper	paper	NOUN
fbem-22240	47	5	uses	use	VERB
fbem-22240	47	6	statistical	statistical	ADJ
fbem-22240	47	7	software	software	NOUN
fbem-22240	47	8	to	to	PART
fbem-22240	47	9	carry	carry	VERB
fbem-22240	47	10	out	out	ADP
fbem-22240	47	11	regression	regression	NOUN
fbem-22240	47	12	analysis	analysis	NOUN
fbem-22240	47	13	on	on	ADP
fbem-22240	47	14	the	the	DET
fbem-22240	47	15	data	datum	NOUN
fbem-22240	47	16	to	to	PART
fbem-22240	47	17	explore	explore	VERB
fbem-22240	47	18	the	the	DET
fbem-22240	47	19	relationship	relationship	NOUN
fbem-22240	47	20	among	among	ADP
fbem-22240	47	21	esg	esg	PROPN
fbem-22240	47	22	rating	rating	NOUN
fbem-22240	47	23	,	,	PUNCT
fbem-22240	47	24	earnings	earning	NOUN
fbem-22240	47	25	management	management	NOUN
fbem-22240	47	26	and	and	CCONJ
fbem-22240	47	27	corporate	corporate	ADJ
fbem-22240	47	28	performance	performance	NOUN
fbem-22240	47	29	.	.	PUNCT
fbem-22240	48	1	by	by	ADP
fbem-22240	48	2	constructing	construct	VERB
fbem-22240	48	3	regression	regression	NOUN
fbem-22240	48	4	model	model	NOUN
fbem-22240	48	5	,	,	PUNCT
fbem-22240	48	6	we	we	PRON
fbem-22240	48	7	can	can	AUX
fbem-22240	48	8	more	more	ADV
fbem-22240	48	9	accurately	accurately	ADV
fbem-22240	48	10	quantify	quantify	VERB
fbem-22240	48	11	the	the	DET
fbem-22240	48	12	interaction	interaction	NOUN
fbem-22240	48	13	between	between	ADP
fbem-22240	48	14	variables	variable	NOUN
fbem-22240	48	15	,	,	PUNCT
fbem-22240	48	16	and	and	CCONJ
fbem-22240	48	17	draw	draw	VERB
fbem-22240	48	18	scientific	scientific	ADJ
fbem-22240	48	19	conclusions	conclusion	NOUN
fbem-22240	48	20	accordingly	accordingly	ADV
fbem-22240	48	21	.	.	PUNCT
fbem-22240	49	1	the	the	DET
fbem-22240	49	2	research	research	NOUN
fbem-22240	49	3	data	datum	NOUN
fbem-22240	49	4	mainly	mainly	ADV
fbem-22240	49	5	comes	come	VERB
fbem-22240	49	6	from	from	ADP
fbem-22240	49	7	two	two	NUM
fbem-22240	49	8	aspects	aspect	NOUN
fbem-22240	49	9	:	:	PUNCT
fbem-22240	49	10	first	first	ADV
fbem-22240	49	11	,	,	PUNCT
fbem-22240	49	12	the	the	DET
fbem-22240	49	13	public	public	ADJ
fbem-22240	49	14	esg	esg	PROPN
fbem-22240	49	15	rating	rating	NOUN
fbem-22240	49	16	data	datum	NOUN
fbem-22240	49	17	,	,	PUNCT
fbem-22240	49	18	which	which	PRON
fbem-22240	49	19	are	be	AUX
fbem-22240	49	20	usually	usually	ADV
fbem-22240	49	21	released	release	VERB
fbem-22240	49	22	by	by	ADP
fbem-22240	49	23	professional	professional	ADJ
fbem-22240	49	24	rating	rating	NOUN
fbem-22240	49	25	agencies	agency	NOUN
fbem-22240	49	26	and	and	CCONJ
fbem-22240	49	27	cover	cover	VERB
fbem-22240	49	28	the	the	DET
fbem-22240	49	29	comprehensive	comprehensive	ADJ
fbem-22240	49	30	performance	performance	NOUN
fbem-22240	49	31	of	of	ADP
fbem-22240	49	32	enterprises	enterprise	NOUN
fbem-22240	49	33	in	in	ADP
fbem-22240	49	34	environment	environment	NOUN
fbem-22240	49	35	,	,	PUNCT
fbem-22240	49	36	society	society	NOUN
fbem-22240	49	37	and	and	CCONJ
fbem-22240	49	38	governance	governance	NOUN
fbem-22240	49	39	;	;	PUNCT
fbem-22240	49	40	second	second	ADJ
fbem-22240	49	41	,	,	PUNCT
fbem-22240	49	42	corporate	corporate	ADJ
fbem-22240	49	43	financial	financial	ADJ
fbem-22240	49	44	reports	report	NOUN
fbem-22240	49	45	,	,	PUNCT
fbem-22240	49	46	including	include	VERB
fbem-22240	49	47	annual	annual	ADJ
fbem-22240	49	48	reports	report	NOUN
fbem-22240	49	49	,	,	PUNCT
fbem-22240	49	50	quarterly	quarterly	ADJ
fbem-22240	49	51	reports	report	NOUN
fbem-22240	49	52	,	,	PUNCT
fbem-22240	49	53	etc	etc	X
fbem-22240	49	54	.	.	X
fbem-22240	50	1	these	these	DET
fbem-22240	50	2	reports	report	NOUN
fbem-22240	50	3	contain	contain	VERB
fbem-22240	50	4	relevant	relevant	ADJ
fbem-22240	50	5	information	information	NOUN
fbem-22240	50	6	of	of	ADP
fbem-22240	50	7	corporate	corporate	ADJ
fbem-22240	50	8	earnings	earning	NOUN
fbem-22240	50	9	management	management	NOUN
fbem-22240	50	10	and	and	CCONJ
fbem-22240	50	11	specific	specific	ADJ
fbem-22240	50	12	data	datum	NOUN
fbem-22240	50	13	of	of	ADP
fbem-22240	50	14	corporate	corporate	ADJ
fbem-22240	50	15	performance	performance	NOUN
fbem-22240	50	16	.	.	PUNCT
fbem-22240	51	1	in	in	ADP
fbem-22240	51	2	data	data	NOUN
fbem-22240	51	3	processing	processing	NOUN
fbem-22240	51	4	,	,	PUNCT
fbem-22240	51	5	firstly	firstly	ADV
fbem-22240	51	6	,	,	PUNCT
fbem-22240	51	7	data	datum	NOUN
fbem-22240	51	8	cleaning	cleaning	NOUN
fbem-22240	51	9	will	will	AUX
fbem-22240	51	10	be	be	AUX
fbem-22240	51	11	carried	carry	VERB
fbem-22240	51	12	out	out	ADP
fbem-22240	51	13	to	to	PART
fbem-22240	51	14	remove	remove	VERB
fbem-22240	51	15	duplicate	duplicate	NOUN
fbem-22240	51	16	,	,	PUNCT
fbem-22240	51	17	wrong	wrong	ADJ
fbem-22240	51	18	or	or	CCONJ
fbem-22240	51	19	incomplete	incomplete	ADJ
fbem-22240	51	20	data	datum	NOUN
fbem-22240	51	21	items	item	NOUN
fbem-22240	51	22	.	.	PUNCT
fbem-22240	52	1	then	then	ADV
fbem-22240	52	2	,	,	PUNCT
fbem-22240	52	3	the	the	DET
fbem-22240	52	4	data	data	NOUN
fbem-22240	52	5	is	be	AUX
fbem-22240	52	6	preprocessed	preprocesse	VERB
fbem-22240	52	7	,	,	PUNCT
fbem-22240	52	8	including	include	VERB
fbem-22240	52	9	data	data	NOUN
fbem-22240	52	10	transformation	transformation	NOUN
fbem-22240	52	11	,	,	PUNCT
fbem-22240	52	12	standardization	standardization	NOUN
fbem-22240	52	13	and	and	CCONJ
fbem-22240	52	14	other	other	ADJ
fbem-22240	52	15	operations	operation	NOUN
fbem-22240	52	16	,	,	PUNCT
fbem-22240	52	17	so	so	SCONJ
fbem-22240	52	18	as	as	SCONJ
fbem-22240	52	19	to	to	PART
fbem-22240	52	20	facilitate	facilitate	VERB
fbem-22240	52	21	the	the	DET
fbem-22240	52	22	subsequent	subsequent	ADJ
fbem-22240	52	23	statistical	statistical	ADJ
fbem-22240	52	24	analysis	analysis	NOUN
fbem-22240	52	25	.	.	PUNCT
fbem-22240	53	1	through	through	ADP
fbem-22240	53	2	this	this	DET
fbem-22240	53	3	series	series	NOUN
fbem-22240	53	4	of	of	ADP
fbem-22240	53	5	data	datum	NOUN
fbem-22240	53	6	processing	processing	NOUN
fbem-22240	53	7	steps	step	NOUN
fbem-22240	53	8	,	,	PUNCT
fbem-22240	53	9	the	the	DET
fbem-22240	53	10	accuracy	accuracy	NOUN
fbem-22240	53	11	and	and	CCONJ
fbem-22240	53	12	reliability	reliability	NOUN
fbem-22240	53	13	of	of	ADP
fbem-22240	53	14	the	the	DET
fbem-22240	53	15	research	research	NOUN
fbem-22240	53	16	data	datum	NOUN
fbem-22240	53	17	can	can	AUX
fbem-22240	53	18	be	be	AUX
fbem-22240	53	19	ensured	ensure	VERB
fbem-22240	53	20	,	,	PUNCT
fbem-22240	53	21	thus	thus	ADV
fbem-22240	53	22	laying	lay	VERB
fbem-22240	53	23	a	a	DET
fbem-22240	53	24	solid	solid	ADJ
fbem-22240	53	25	foundation	foundation	NOUN
fbem-22240	53	26	for	for	ADP
fbem-22240	53	27	the	the	DET
fbem-22240	53	28	subsequent	subsequent	ADJ
fbem-22240	53	29	empirical	empirical	ADJ
fbem-22240	53	30	research	research	NOUN
fbem-22240	53	31	.	.	PUNCT
fbem-22240	54	1	4.2	4.2	NUM
fbem-22240	54	2	.	.	PUNCT
fbem-22240	54	3	model	model	NOUN
fbem-22240	54	4	construction	construction	NOUN
fbem-22240	54	5	it	it	PRON
fbem-22240	54	6	is	be	AUX
fbem-22240	54	7	a	a	DET
fbem-22240	54	8	systematic	systematic	ADJ
fbem-22240	54	9	and	and	CCONJ
fbem-22240	54	10	rigorous	rigorous	ADJ
fbem-22240	54	11	process	process	NOUN
fbem-22240	54	12	to	to	PART
fbem-22240	54	13	construct	construct	VERB
fbem-22240	54	14	the	the	DET
fbem-22240	54	15	regression	regression	NOUN
fbem-22240	54	16	model	model	NOUN
fbem-22240	54	17	among	among	ADP
fbem-22240	54	18	esg	esg	PROPN
fbem-22240	54	19	rating	rating	NOUN
fbem-22240	54	20	,	,	PUNCT
fbem-22240	54	21	earnings	earning	NOUN
fbem-22240	54	22	management	management	NOUN
fbem-22240	54	23	and	and	CCONJ
fbem-22240	54	24	corporate	corporate	ADJ
fbem-22240	54	25	performance	performance	NOUN
fbem-22240	54	26	.	.	PUNCT
fbem-22240	55	1	first	first	ADV
fbem-22240	55	2	of	of	ADP
fbem-22240	55	3	all	all	PRON
fbem-22240	55	4	,	,	PUNCT
fbem-22240	55	5	it	it	PRON
fbem-22240	55	6	is	be	AUX
fbem-22240	55	7	necessary	necessary	ADJ
fbem-22240	55	8	to	to	PART
fbem-22240	55	9	obtain	obtain	VERB
fbem-22240	55	10	accurate	accurate	ADJ
fbem-22240	55	11	esg	esg	NOUN
fbem-22240	55	12	rating	rating	NOUN
fbem-22240	55	13	data	datum	NOUN
fbem-22240	55	14	from	from	ADP
fbem-22240	55	15	professional	professional	ADJ
fbem-22240	55	16	esg	esg	PROPN
fbem-22240	55	17	rating	rating	NOUN
fbem-22240	55	18	agencies	agency	NOUN
fbem-22240	55	19	and	and	CCONJ
fbem-22240	55	20	extract	extract	VERB
fbem-22240	55	21	earnings	earning	NOUN
fbem-22240	55	22	management	management	NOUN
fbem-22240	55	23	indicators	indicator	NOUN
fbem-22240	55	24	from	from	ADP
fbem-22240	55	25	corporate	corporate	ADJ
fbem-22240	55	26	financial	financial	ADJ
fbem-22240	55	27	reports	report	NOUN
fbem-22240	55	28	.	.	PUNCT
fbem-22240	56	1	after	after	ADP
fbem-22240	56	2	collecting	collect	VERB
fbem-22240	56	3	the	the	DET
fbem-22240	56	4	data	datum	NOUN
fbem-22240	56	5	,	,	PUNCT
fbem-22240	56	6	carefully	carefully	ADV
fbem-22240	56	7	clean	clean	ADJ
fbem-22240	56	8	and	and	CCONJ
fbem-22240	56	9	preprocess	preprocess	VERB
fbem-22240	56	10	the	the	DET
fbem-22240	56	11	data	datum	NOUN
fbem-22240	56	12	.	.	PUNCT
fbem-22240	57	1	next	next	ADJ
fbem-22240	57	2	,	,	PUNCT
fbem-22240	57	3	according	accord	VERB
fbem-22240	57	4	to	to	ADP
fbem-22240	57	5	the	the	DET
fbem-22240	57	6	research	research	NOUN
fbem-22240	57	7	purpose	purpose	NOUN
fbem-22240	57	8	and	and	CCONJ
fbem-22240	57	9	hypothesis	hypothesis	NOUN
fbem-22240	57	10	,	,	PUNCT
fbem-22240	57	11	the	the	DET
fbem-22240	57	12	company	company	NOUN
fbem-22240	57	13	performance	performance	NOUN
fbem-22240	57	14	is	be	AUX
fbem-22240	57	15	determined	determine	VERB
fbem-22240	57	16	as	as	ADP
fbem-22240	57	17	the	the	DET
fbem-22240	57	18	dependent	dependent	ADJ
fbem-22240	57	19	variable	variable	NOUN
fbem-22240	57	20	,	,	PUNCT
fbem-22240	57	21	esg	esg	NOUN
fbem-22240	57	22	rating	rating	NOUN
fbem-22240	57	23	and	and	CCONJ
fbem-22240	57	24	earnings	earning	NOUN
fbem-22240	57	25	management	management	NOUN
fbem-22240	57	26	indicators	indicator	NOUN
fbem-22240	57	27	as	as	ADP
fbem-22240	57	28	the	the	DET
fbem-22240	57	29	independent	independent	ADJ
fbem-22240	57	30	variables	variable	NOUN
fbem-22240	57	31	,	,	PUNCT
fbem-22240	57	32	and	and	CCONJ
fbem-22240	57	33	other	other	ADJ
fbem-22240	57	34	control	control	NOUN
fbem-22240	57	35	variables	variable	NOUN
fbem-22240	57	36	that	that	PRON
fbem-22240	57	37	may	may	AUX
fbem-22240	57	38	affect	affect	VERB
fbem-22240	57	39	the	the	DET
fbem-22240	57	40	company	company	NOUN
fbem-22240	57	41	performance	performance	NOUN
fbem-22240	57	42	are	be	AUX
fbem-22240	57	43	considered	consider	VERB
fbem-22240	57	44	.	.	PUNCT
fbem-22240	58	1	on	on	ADP
fbem-22240	58	2	this	this	DET
fbem-22240	58	3	basis	basis	NOUN
fbem-22240	58	4	,	,	PUNCT
fbem-22240	58	5	this	this	DET
fbem-22240	58	6	paper	paper	NOUN
fbem-22240	58	7	constructs	construct	VERB
fbem-22240	58	8	a	a	DET
fbem-22240	58	9	multiple	multiple	ADJ
fbem-22240	58	10	linear	linear	ADJ
fbem-22240	58	11	regression	regression	NOUN
fbem-22240	58	12	model	model	NOUN
fbem-22240	58	13	to	to	PART
fbem-22240	58	14	explore	explore	VERB
fbem-22240	58	15	the	the	DET
fbem-22240	58	16	influence	influence	NOUN
fbem-22240	58	17	of	of	ADP
fbem-22240	58	18	esg	esg	PROPN
fbem-22240	58	19	rating	rating	NOUN
fbem-22240	58	20	and	and	CCONJ
fbem-22240	58	21	earnings	earning	NOUN
fbem-22240	58	22	management	management	NOUN
fbem-22240	58	23	on	on	ADP
fbem-22240	58	24	company	company	NOUN
fbem-22240	58	25	performance	performance	NOUN
fbem-22240	58	26	.	.	PUNCT
fbem-22240	59	1	in	in	ADP
fbem-22240	59	2	this	this	DET
fbem-22240	59	3	model	model	NOUN
fbem-22240	59	4	,	,	PUNCT
fbem-22240	59	5	dependent	dependent	ADJ
fbem-22240	59	6	variables	variable	NOUN
fbem-22240	59	7	:	:	PUNCT
fbem-22240	59	8	corporate	corporate	ADJ
fbem-22240	59	9	performance	performance	NOUN
fbem-22240	59	10	indicators	indicator	NOUN
fbem-22240	59	11	,	,	PUNCT
fbem-22240	59	12	including	include	VERB
fbem-22240	59	13	return	return	NOUN
fbem-22240	59	14	on	on	ADP
fbem-22240	59	15	total	total	ADJ
fbem-22240	59	16	assets	asset	NOUN
fbem-22240	59	17	(	(	PUNCT
fbem-22240	59	18	roa	roa	NOUN
fbem-22240	59	19	)	)	PUNCT
fbem-22240	59	20	and	and	CCONJ
fbem-22240	59	21	return	return	VERB
fbem-22240	59	22	on	on	ADP
fbem-22240	59	23	equity	equity	NOUN
fbem-22240	59	24	(	(	PUNCT
fbem-22240	59	25	roe	roe	PROPN
fbem-22240	59	26	)	)	PUNCT
fbem-22240	59	27	.	.	PUNCT
fbem-22240	60	1	independent	independent	ADJ
fbem-22240	60	2	variable	variable	NOUN
fbem-22240	60	3	:	:	PUNCT
fbem-22240	60	4	esg	esg	NOUN
fbem-22240	60	5	rating	rating	NOUN
fbem-22240	60	6	:	:	PUNCT
fbem-22240	60	7	usually	usually	ADV
fbem-22240	60	8	a	a	DET
fbem-22240	60	9	continuous	continuous	ADJ
fbem-22240	60	10	variable	variable	NOUN
fbem-22240	60	11	,	,	PUNCT
fbem-22240	60	12	can	can	AUX
fbem-22240	60	13	be	be	AUX
fbem-22240	60	14	used	use	VERB
fbem-22240	60	15	directly	directly	ADV
fbem-22240	60	16	.	.	PUNCT
fbem-22240	61	1	earnings	earning	NOUN
fbem-22240	61	2	management	management	NOUN
fbem-22240	61	3	:	:	PUNCT
fbem-22240	61	4	use	use	VERB
fbem-22240	61	5	the	the	DET
fbem-22240	61	6	previously	previously	ADV
fbem-22240	61	7	calculated	calculate	VERB
fbem-22240	61	8	indicators	indicator	NOUN
fbem-22240	61	9	as	as	ADP
fbem-22240	61	10	a	a	DET
fbem-22240	61	11	measure	measure	NOUN
fbem-22240	61	12	.	.	PUNCT
fbem-22240	62	1	control	control	NOUN
fbem-22240	62	2	variables	variable	NOUN
fbem-22240	62	3	:	:	PUNCT
fbem-22240	62	4	(	(	PUNCT
fbem-22240	62	5	1	1	X
fbem-22240	62	6	)	)	PUNCT
fbem-22240	62	7	company	company	NOUN
fbem-22240	62	8	characteristics	characteristic	NOUN
fbem-22240	62	9	:	:	PUNCT
fbem-22240	62	10	such	such	ADJ
fbem-22240	62	11	as	as	ADP
fbem-22240	62	12	asset	asset	NOUN
fbem-22240	62	13	size	size	NOUN
fbem-22240	62	14	(	(	PUNCT
fbem-22240	62	15	total	total	ADJ
fbem-22240	62	16	assets	asset	NOUN
fbem-22240	62	17	)	)	PUNCT
fbem-22240	62	18	and	and	CCONJ
fbem-22240	62	19	company	company	NOUN
fbem-22240	62	20	age	age	NOUN
fbem-22240	62	21	.	.	PUNCT
fbem-22240	63	1	(	(	PUNCT
fbem-22240	63	2	2	2	X
fbem-22240	63	3	)	)	PUNCT
fbem-22240	63	4	financial	financial	ADJ
fbem-22240	63	5	characteristics	characteristic	NOUN
fbem-22240	63	6	:	:	PUNCT
fbem-22240	63	7	such	such	ADJ
fbem-22240	63	8	as	as	ADP
fbem-22240	63	9	financial	financial	ADJ
fbem-22240	63	10	leverage	leverage	NOUN
fbem-22240	63	11	(	(	PUNCT
fbem-22240	63	12	debt	debt	NOUN
fbem-22240	63	13	/	/	SYM
fbem-22240	63	14	assets	asset	NOUN
fbem-22240	63	15	)	)	PUNCT
fbem-22240	63	16	and	and	CCONJ
fbem-22240	63	17	current	current	ADJ
fbem-22240	63	18	ratio	ratio	NOUN
fbem-22240	63	19	.	.	PUNCT
fbem-22240	64	1	(	(	PUNCT
fbem-22240	64	2	3	3	X
fbem-22240	64	3	)	)	PUNCT
fbem-22240	64	4	market	market	NOUN
fbem-22240	64	5	characteristics	characteristic	NOUN
fbem-22240	64	6	:	:	PUNCT
fbem-22240	64	7	such	such	ADJ
fbem-22240	64	8	as	as	ADP
fbem-22240	64	9	stock	stock	NOUN
fbem-22240	64	10	return	return	NOUN
fbem-22240	64	11	rate	rate	NOUN
fbem-22240	64	12	and	and	CCONJ
fbem-22240	64	13	industry	industry	NOUN
fbem-22240	64	14	average	average	ADJ
fbem-22240	64	15	esg	esg	NOUN
fbem-22240	64	16	rating	rating	NOUN
fbem-22240	64	17	.	.	PUNCT
fbem-22240	65	1	(	(	PUNCT
fbem-22240	65	2	4	4	X
fbem-22240	65	3	)	)	PUNCT
fbem-22240	65	4	macroeconomic	macroeconomic	ADJ
fbem-22240	65	5	factors	factor	NOUN
fbem-22240	65	6	:	:	PUNCT
fbem-22240	65	7	such	such	ADJ
fbem-22240	65	8	as	as	ADP
fbem-22240	65	9	gdp	gdp	NOUN
fbem-22240	65	10	growth	growth	NOUN
fbem-22240	65	11	rate	rate	NOUN
fbem-22240	65	12	and	and	CCONJ
fbem-22240	65	13	inflation	inflation	NOUN
fbem-22240	65	14	rate	rate	NOUN
fbem-22240	65	15	.	.	PUNCT
fbem-22240	66	1	the	the	DET
fbem-22240	66	2	general	general	ADJ
fbem-22240	66	3	form	form	NOUN
fbem-22240	66	4	of	of	ADP
fbem-22240	66	5	multivariate	multivariate	NOUN
fbem-22240	66	6	linear	linear	PROPN
fbem-22240	66	7	regression	regression	NOUN
fbem-22240	66	8	model	model	NOUN
fbem-22240	66	9	is	be	AUX
fbem-22240	66	10	:	:	PUNCT
fbem-22240	66	11			NOUN
fbem-22240	66	12	variablescontrolother	variablescontrolother	ADV
fbem-22240	66	13	3management	3management	NUM
fbem-22240	66	14	earnings210	earnings210	PROPN
fbem-22240	66	15	xxxy	xxxy	PROPN
fbem-22240	66	16	esg	esg	PROPN
fbem-22240	66	17			PROPN
fbem-22240	66	18	(	(	PUNCT
fbem-22240	66	19	1	1	NUM
fbem-22240	66	20	)	)	PUNCT
fbem-22240	66	21	among	among	ADP
fbem-22240	66	22	them	they	PRON
fbem-22240	66	23	:	:	PUNCT
fbem-22240	66	24	y	y	NOUN
fbem-22240	66	25	:	:	PUNCT
fbem-22240	66	26	company	company	NOUN
fbem-22240	66	27	performance	performance	NOUN
fbem-22240	66	28	index	index	NOUN
fbem-22240	66	29	.	.	PUNCT
fbem-22240	67	1	esg	esg	PROPN
fbem-22240	67	2	x	x	PROPN
fbem-22240	67	3	:	:	PUNCT
fbem-22240	67	4	esg	esg	NOUN
fbem-22240	67	5	rating	rating	NOUN
fbem-22240	67	6	data	datum	NOUN
fbem-22240	67	7	.	.	PUNCT
fbem-22240	68	1	management	management	NOUN
fbem-22240	68	2	earnings	earning	NOUN
fbem-22240	68	3	x	x	X
fbem-22240	68	4	:	:	PUNCT
fbem-22240	68	5	earnings	earning	NOUN
fbem-22240	68	6	management	management	NOUN
fbem-22240	68	7	index	index	NOUN
fbem-22240	68	8	.	.	PUNCT
fbem-22240	69	1	variablescontrolother	variablescontrolother	ADV
fbem-22240	69	2	x	x	INTJ
fbem-22240	69	3	:	:	PUNCT
fbem-22240	69	4	other	other	ADJ
fbem-22240	69	5	control	control	NOUN
fbem-22240	69	6	variables	variable	NOUN
fbem-22240	69	7	that	that	PRON
fbem-22240	69	8	may	may	AUX
fbem-22240	69	9	affect	affect	VERB
fbem-22240	69	10	the	the	DET
fbem-22240	69	11	company	company	NOUN
fbem-22240	69	12	's	's	PART
fbem-22240	69	13	performance	performance	NOUN
fbem-22240	69	14	.	.	PUNCT
fbem-22240	69	15	0	0	PUNCT
fbem-22240	70	1			NOUN
fbem-22240	70	2	:	:	PUNCT
fbem-22240	70	3	intercept	intercept	NOUN
fbem-22240	70	4	term	term	NOUN
fbem-22240	70	5	.	.	PUNCT
fbem-22240	71	1	321	321	NUM
fbem-22240	71	2	,	,	PUNCT
fbem-22240	71	3	,	,	PUNCT
fbem-22240	71	4			NOUN
fbem-22240	71	5	:	:	PUNCT
fbem-22240	71	6	the	the	DET
fbem-22240	71	7	coefficients	coefficient	NOUN
fbem-22240	71	8	of	of	ADP
fbem-22240	71	9	their	their	PRON
fbem-22240	71	10	respective	respective	ADJ
fbem-22240	71	11	variables	variable	NOUN
fbem-22240	71	12	.	.	PUNCT
fbem-22240	72	1	122	122	NUM
fbem-22240	72	2			NOUN
fbem-22240	72	3	:	:	PUNCT
fbem-22240	72	4	error	error	NOUN
fbem-22240	72	5	term	term	NOUN
fbem-22240	72	6	.	.	PUNCT
fbem-22240	73	1	in	in	ADP
fbem-22240	73	2	order	order	NOUN
fbem-22240	73	3	to	to	PART
fbem-22240	73	4	carry	carry	VERB
fbem-22240	73	5	out	out	ADP
fbem-22240	73	6	in	in	ADP
fbem-22240	73	7	-	-	PUNCT
fbem-22240	73	8	depth	depth	NOUN
fbem-22240	73	9	regression	regression	NOUN
fbem-22240	73	10	analysis	analysis	NOUN
fbem-22240	73	11	,	,	PUNCT
fbem-22240	73	12	this	this	DET
fbem-22240	73	13	paper	paper	NOUN
fbem-22240	73	14	chooses	choose	VERB
fbem-22240	73	15	a	a	DET
fbem-22240	73	16	suitable	suitable	ADJ
fbem-22240	73	17	statistical	statistical	ADJ
fbem-22240	73	18	software	software	NOUN
fbem-22240	73	19	-	-	PUNCT
fbem-22240	73	20	spss	spss	NOUN
fbem-22240	73	21	.	.	PUNCT
fbem-22240	74	1	through	through	ADP
fbem-22240	74	2	regression	regression	NOUN
fbem-22240	74	3	analysis	analysis	NOUN
fbem-22240	74	4	,	,	PUNCT
fbem-22240	74	5	the	the	DET
fbem-22240	74	6	goodness	goodness	NOUN
fbem-22240	74	7	of	of	ADP
fbem-22240	74	8	fit	fit	ADJ
fbem-22240	74	9	and	and	CCONJ
fbem-22240	74	10	significance	significance	NOUN
fbem-22240	74	11	level	level	NOUN
fbem-22240	74	12	of	of	ADP
fbem-22240	74	13	the	the	DET
fbem-22240	74	14	model	model	NOUN
fbem-22240	74	15	are	be	AUX
fbem-22240	74	16	checked	check	VERB
fbem-22240	74	17	to	to	PART
fbem-22240	74	18	ensure	ensure	VERB
fbem-22240	74	19	the	the	DET
fbem-22240	74	20	effectiveness	effectiveness	NOUN
fbem-22240	74	21	and	and	CCONJ
fbem-22240	74	22	credibility	credibility	NOUN
fbem-22240	74	23	of	of	ADP
fbem-22240	74	24	the	the	DET
fbem-22240	74	25	model	model	NOUN
fbem-22240	74	26	.	.	PUNCT
fbem-22240	75	1	at	at	ADP
fbem-22240	75	2	the	the	DET
fbem-22240	75	3	same	same	ADJ
fbem-22240	75	4	time	time	NOUN
fbem-22240	75	5	,	,	PUNCT
fbem-22240	75	6	this	this	DET
fbem-22240	75	7	paper	paper	NOUN
fbem-22240	75	8	carefully	carefully	ADV
fbem-22240	75	9	examines	examine	VERB
fbem-22240	75	10	the	the	DET
fbem-22240	75	11	regression	regression	NOUN
fbem-22240	75	12	coefficients	coefficient	NOUN
fbem-22240	75	13	,	,	PUNCT
fbem-22240	75	14	t	t	PROPN
fbem-22240	75	15	statistics	statistic	NOUN
fbem-22240	75	16	and	and	CCONJ
fbem-22240	75	17	their	their	PRON
fbem-22240	75	18	corresponding	corresponding	ADJ
fbem-22240	75	19	p	p	ADJ
fbem-22240	75	20	values	value	NOUN
fbem-22240	75	21	of	of	ADP
fbem-22240	75	22	their	their	PRON
fbem-22240	75	23	respective	respective	ADJ
fbem-22240	75	24	variables	variable	NOUN
fbem-22240	75	25	,	,	PUNCT
fbem-22240	75	26	so	so	SCONJ
fbem-22240	75	27	as	as	SCONJ
fbem-22240	75	28	to	to	PART
fbem-22240	75	29	accurately	accurately	ADV
fbem-22240	75	30	judge	judge	VERB
fbem-22240	75	31	whether	whether	SCONJ
fbem-22240	75	32	esg	esg	NOUN
fbem-22240	75	33	rating	rating	NOUN
fbem-22240	75	34	and	and	CCONJ
fbem-22240	75	35	earnings	earning	NOUN
fbem-22240	75	36	management	management	NOUN
fbem-22240	75	37	have	have	VERB
fbem-22240	75	38	a	a	DET
fbem-22240	75	39	significant	significant	ADJ
fbem-22240	75	40	impact	impact	NOUN
fbem-22240	75	41	on	on	ADP
fbem-22240	75	42	company	company	NOUN
fbem-22240	75	43	performance	performance	NOUN
fbem-22240	75	44	.	.	PUNCT
fbem-22240	76	1	in	in	ADP
fbem-22240	76	2	the	the	DET
fbem-22240	76	3	process	process	NOUN
fbem-22240	76	4	of	of	ADP
fbem-22240	76	5	model	model	NOUN
fbem-22240	76	6	construction	construction	NOUN
fbem-22240	76	7	,	,	PUNCT
fbem-22240	76	8	this	this	DET
fbem-22240	76	9	paper	paper	NOUN
fbem-22240	76	10	also	also	ADV
fbem-22240	76	11	pays	pay	VERB
fbem-22240	76	12	special	special	ADJ
fbem-22240	76	13	attention	attention	NOUN
fbem-22240	76	14	to	to	ADP
fbem-22240	76	15	the	the	DET
fbem-22240	76	16	problem	problem	NOUN
fbem-22240	76	17	of	of	ADP
fbem-22240	76	18	multicollinearity	multicollinearity	NOUN
fbem-22240	76	19	.	.	PUNCT
fbem-22240	77	1	by	by	ADP
fbem-22240	77	2	calculating	calculate	VERB
fbem-22240	77	3	the	the	DET
fbem-22240	77	4	variance	variance	NOUN
fbem-22240	77	5	expansion	expansion	NOUN
fbem-22240	77	6	factor	factor	NOUN
fbem-22240	77	7	and	and	CCONJ
fbem-22240	77	8	other	other	ADJ
fbem-22240	77	9	indicators	indicator	NOUN
fbem-22240	77	10	,	,	PUNCT
fbem-22240	77	11	it	it	PRON
fbem-22240	77	12	is	be	AUX
fbem-22240	77	13	ensured	ensure	VERB
fbem-22240	77	14	that	that	SCONJ
fbem-22240	77	15	there	there	PRON
fbem-22240	77	16	is	be	VERB
fbem-22240	77	17	no	no	DET
fbem-22240	77	18	serious	serious	ADJ
fbem-22240	77	19	collinearity	collinearity	NOUN
fbem-22240	77	20	between	between	ADP
fbem-22240	77	21	independent	independent	ADJ
fbem-22240	77	22	variables	variable	NOUN
fbem-22240	77	23	,	,	PUNCT
fbem-22240	77	24	thus	thus	ADV
fbem-22240	77	25	ensuring	ensure	VERB
fbem-22240	77	26	the	the	DET
fbem-22240	77	27	stability	stability	NOUN
fbem-22240	77	28	and	and	CCONJ
fbem-22240	77	29	accuracy	accuracy	NOUN
fbem-22240	77	30	of	of	ADP
fbem-22240	77	31	the	the	DET
fbem-22240	77	32	model	model	NOUN
fbem-22240	77	33	.	.	PUNCT
fbem-22240	78	1	finally	finally	ADV
fbem-22240	78	2	,	,	PUNCT
fbem-22240	78	3	according	accord	VERB
fbem-22240	78	4	to	to	ADP
fbem-22240	78	5	the	the	DET
fbem-22240	78	6	regression	regression	NOUN
fbem-22240	78	7	results	result	NOUN
fbem-22240	78	8	,	,	PUNCT
fbem-22240	78	9	the	the	DET
fbem-22240	78	10	establishment	establishment	NOUN
fbem-22240	78	11	of	of	ADP
fbem-22240	78	12	research	research	NOUN
fbem-22240	78	13	hypothesis	hypothesis	NOUN
fbem-22240	78	14	is	be	AUX
fbem-22240	78	15	verified	verify	VERB
fbem-22240	78	16	.	.	PUNCT
fbem-22240	79	1	5	5	X
fbem-22240	79	2	.	.	X
fbem-22240	79	3	empirical	empirical	ADJ
fbem-22240	79	4	analysis	analysis	NOUN
fbem-22240	79	5	and	and	CCONJ
fbem-22240	79	6	results	result	NOUN
fbem-22240	79	7	according	accord	VERB
fbem-22240	79	8	to	to	ADP
fbem-22240	79	9	esg	esg	PROPN
fbem-22240	79	10	rating	rating	NOUN
fbem-22240	79	11	,	,	PUNCT
fbem-22240	79	12	earnings	earning	NOUN
fbem-22240	79	13	management	management	NOUN
fbem-22240	79	14	indicators	indicator	NOUN
fbem-22240	79	15	and	and	CCONJ
fbem-22240	79	16	company	company	NOUN
fbem-22240	79	17	performance	performance	NOUN
fbem-22240	79	18	data	datum	NOUN
fbem-22240	79	19	,	,	PUNCT
fbem-22240	79	20	this	this	DET
fbem-22240	79	21	study	study	NOUN
fbem-22240	79	22	constructs	construct	VERB
fbem-22240	79	23	a	a	DET
fbem-22240	79	24	regression	regression	NOUN
fbem-22240	79	25	model	model	NOUN
fbem-22240	79	26	,	,	PUNCT
fbem-22240	79	27	and	and	CCONJ
fbem-22240	79	28	uses	use	VERB
fbem-22240	79	29	statistical	statistical	ADJ
fbem-22240	79	30	software	software	NOUN
fbem-22240	79	31	to	to	PART
fbem-22240	79	32	process	process	VERB
fbem-22240	79	33	and	and	CCONJ
fbem-22240	79	34	analyze	analyze	VERB
fbem-22240	79	35	the	the	DET
fbem-22240	79	36	data	datum	NOUN
fbem-22240	79	37	.	.	PUNCT
fbem-22240	80	1	on	on	ADP
fbem-22240	80	2	the	the	DET
fbem-22240	80	3	basis	basis	NOUN
fbem-22240	80	4	of	of	ADP
fbem-22240	80	5	controlling	control	VERB
fbem-22240	80	6	other	other	ADJ
fbem-22240	80	7	potential	potential	ADJ
fbem-22240	80	8	influencing	influence	VERB
fbem-22240	80	9	factors	factor	NOUN
fbem-22240	80	10	,	,	PUNCT
fbem-22240	80	11	this	this	DET
fbem-22240	80	12	paper	paper	NOUN
fbem-22240	80	13	focuses	focus	VERB
fbem-22240	80	14	on	on	ADP
fbem-22240	80	15	the	the	DET
fbem-22240	80	16	influence	influence	NOUN
fbem-22240	80	17	of	of	ADP
fbem-22240	80	18	esg	esg	PROPN
fbem-22240	80	19	rating	rating	NOUN
fbem-22240	80	20	on	on	ADP
fbem-22240	80	21	corporate	corporate	ADJ
fbem-22240	80	22	earnings	earning	NOUN
fbem-22240	80	23	management	management	NOUN
fbem-22240	80	24	behavior	behavior	NOUN
fbem-22240	80	25	,	,	PUNCT
fbem-22240	80	26	and	and	CCONJ
fbem-22240	80	27	further	further	ADJ
fbem-22240	80	28	explores	explore	NOUN
fbem-22240	80	29	how	how	SCONJ
fbem-22240	80	30	this	this	DET
fbem-22240	80	31	influence	influence	NOUN
fbem-22240	80	32	is	be	AUX
fbem-22240	80	33	transmitted	transmit	VERB
fbem-22240	80	34	to	to	ADP
fbem-22240	80	35	corporate	corporate	ADJ
fbem-22240	80	36	performance	performance	NOUN
fbem-22240	80	37	.	.	PUNCT
fbem-22240	81	1	in	in	ADP
fbem-22240	81	2	the	the	DET
fbem-22240	81	3	process	process	NOUN
fbem-22240	81	4	of	of	ADP
fbem-22240	81	5	model	model	NOUN
fbem-22240	81	6	construction	construction	NOUN
fbem-22240	81	7	,	,	PUNCT
fbem-22240	81	8	we	we	PRON
fbem-22240	81	9	ensure	ensure	VERB
fbem-22240	81	10	the	the	DET
fbem-22240	81	11	accuracy	accuracy	NOUN
fbem-22240	81	12	of	of	ADP
fbem-22240	81	13	variables	variable	NOUN
fbem-22240	81	14	and	and	CCONJ
fbem-22240	81	15	the	the	DET
fbem-22240	81	16	reliability	reliability	NOUN
fbem-22240	81	17	of	of	ADP
fbem-22240	81	18	data	datum	NOUN
fbem-22240	81	19	.	.	PUNCT
fbem-22240	82	1	through	through	ADP
fbem-22240	82	2	many	many	ADJ
fbem-22240	82	3	iterations	iteration	NOUN
fbem-22240	82	4	and	and	CCONJ
fbem-22240	82	5	optimization	optimization	NOUN
fbem-22240	82	6	of	of	ADP
fbem-22240	82	7	the	the	DET
fbem-22240	82	8	model	model	NOUN
fbem-22240	82	9	,	,	PUNCT
fbem-22240	82	10	we	we	PRON
fbem-22240	82	11	get	get	VERB
fbem-22240	82	12	more	more	ADV
fbem-22240	82	13	robust	robust	ADJ
fbem-22240	82	14	regression	regression	NOUN
fbem-22240	82	15	results	result	NOUN
fbem-22240	82	16	.	.	PUNCT
fbem-22240	83	1	these	these	DET
fbem-22240	83	2	results	result	NOUN
fbem-22240	83	3	not	not	PART
fbem-22240	83	4	only	only	ADV
fbem-22240	83	5	reveal	reveal	VERB
fbem-22240	83	6	the	the	DET
fbem-22240	83	7	internal	internal	ADJ
fbem-22240	83	8	relationship	relationship	NOUN
fbem-22240	83	9	among	among	ADP
fbem-22240	83	10	esg	esg	PROPN
fbem-22240	83	11	rating	rating	NOUN
fbem-22240	83	12	,	,	PUNCT
fbem-22240	83	13	earnings	earning	NOUN
fbem-22240	83	14	management	management	NOUN
fbem-22240	83	15	and	and	CCONJ
fbem-22240	83	16	corporate	corporate	ADJ
fbem-22240	83	17	performance	performance	NOUN
fbem-22240	83	18	,	,	PUNCT
fbem-22240	83	19	but	but	CCONJ
fbem-22240	83	20	also	also	ADV
fbem-22240	83	21	provide	provide	VERB
fbem-22240	83	22	us	we	PRON
fbem-22240	83	23	with	with	ADP
fbem-22240	83	24	a	a	DET
fbem-22240	83	25	deeper	deep	ADJ
fbem-22240	83	26	understanding	understanding	NOUN
fbem-22240	83	27	of	of	ADP
fbem-22240	83	28	the	the	DET
fbem-22240	83	29	relationship	relationship	NOUN
fbem-22240	83	30	among	among	ADP
fbem-22240	83	31	them	they	PRON
fbem-22240	83	32	.	.	PUNCT
fbem-22240	84	1	the	the	DET
fbem-22240	84	2	specific	specific	ADJ
fbem-22240	84	3	results	result	NOUN
fbem-22240	84	4	are	be	AUX
fbem-22240	84	5	shown	show	VERB
fbem-22240	84	6	in	in	ADP
fbem-22240	84	7	table	table	NOUN
fbem-22240	84	8	1	1	NUM
fbem-22240	84	9	and	and	CCONJ
fbem-22240	84	10	table	table	NOUN
fbem-22240	84	11	2	2	NUM
fbem-22240	84	12	.	.	PUNCT
fbem-22240	84	13	table	table	NOUN
fbem-22240	84	14	1	1	NUM
fbem-22240	84	15	.	.	PUNCT
fbem-22240	84	16	correlation	correlation	NOUN
fbem-22240	84	17	analysis	analysis	NOUN
fbem-22240	84	18	between	between	ADP
fbem-22240	84	19	esg	esg	NOUN
fbem-22240	84	20	rating	rating	NOUN
fbem-22240	84	21	and	and	CCONJ
fbem-22240	84	22	earnings	earning	NOUN
fbem-22240	84	23	management	management	NOUN
fbem-22240	84	24	standardization	standardization	NOUN
fbem-22240	84	25	esg	esg	NOUN
fbem-22240	84	26	rating	rating	NOUN
fbem-22240	84	27	scale	scale	NOUN
fbem-22240	84	28	sampl	sampl	NOUN
fbem-22240	84	29	e	e	NOUN
fbem-22240	84	30	size	size	NOUN
fbem-22240	84	31	average	average	ADJ
fbem-22240	84	32	normative	normative	ADJ
fbem-22240	84	33	score	score	NOUN
fbem-22240	84	34	of	of	ADP
fbem-22240	84	35	earnings	earning	NOUN
fbem-22240	84	36	management	management	NOUN
fbem-22240	84	37	(	(	PUNCT
fbem-22240	84	38	out	out	ADP
fbem-22240	84	39	of	of	ADP
fbem-22240	84	40	100	100	NUM
fbem-22240	84	41	)	)	PUNCT
fbem-22240	84	42	standard	standard	ADJ
fbem-22240	84	43	deviation	deviation	NOUN
fbem-22240	84	44	high	high	ADJ
fbem-22240	84	45	50	50	NUM
fbem-22240	84	46	87.3	87.3	NUM
fbem-22240	84	47	4.2	4.2	NUM
fbem-22240	84	48	middle	middle	ADJ
fbem-22240	84	49	50	50	NUM
fbem-22240	84	50	72.6	72.6	NUM
fbem-22240	84	51	5.1	5.1	NUM
fbem-22240	84	52	low	low	ADJ
fbem-22240	84	53	50	50	NUM
fbem-22240	84	54	53.8	53.8	NUM
fbem-22240	84	55	6.0	6.0	NUM
fbem-22240	84	56	(	(	PUNCT
fbem-22240	84	57	1	1	NUM
fbem-22240	84	58	)	)	PUNCT
fbem-22240	84	59	with	with	ADP
fbem-22240	84	60	the	the	DET
fbem-22240	84	61	decrease	decrease	NOUN
fbem-22240	84	62	of	of	ADP
fbem-22240	84	63	esg	esg	PROPN
fbem-22240	84	64	rating	rating	NOUN
fbem-22240	84	65	,	,	PUNCT
fbem-22240	84	66	the	the	DET
fbem-22240	84	67	normative	normative	ADJ
fbem-22240	84	68	average	average	ADJ
fbem-22240	84	69	score	score	NOUN
fbem-22240	84	70	of	of	ADP
fbem-22240	84	71	earnings	earning	NOUN
fbem-22240	84	72	management	management	NOUN
fbem-22240	84	73	also	also	ADV
fbem-22240	84	74	decreased	decrease	VERB
fbem-22240	84	75	significantly	significantly	ADV
fbem-22240	84	76	.	.	PUNCT
fbem-22240	85	1	(	(	PUNCT
fbem-22240	85	2	2	2	X
fbem-22240	85	3	)	)	PUNCT
fbem-22240	85	4	earnings	earning	NOUN
fbem-22240	85	5	management	management	NOUN
fbem-22240	85	6	behavior	behavior	NOUN
fbem-22240	85	7	of	of	ADP
fbem-22240	85	8	enterprises	enterprise	NOUN
fbem-22240	85	9	with	with	ADP
fbem-22240	85	10	high	high	ADJ
fbem-22240	85	11	esg	esg	NOUN
fbem-22240	85	12	rating	rating	NOUN
fbem-22240	85	13	is	be	AUX
fbem-22240	85	14	more	more	ADV
fbem-22240	85	15	standardized	standardized	ADJ
fbem-22240	85	16	,	,	PUNCT
fbem-22240	85	17	and	and	CCONJ
fbem-22240	85	18	the	the	DET
fbem-22240	85	19	score	score	NOUN
fbem-22240	85	20	is	be	AUX
fbem-22240	85	21	close	close	ADJ
fbem-22240	85	22	to	to	ADP
fbem-22240	85	23	full	full	ADJ
fbem-22240	85	24	mark	mark	NOUN
fbem-22240	85	25	.	.	PUNCT
fbem-22240	86	1	(	(	PUNCT
fbem-22240	86	2	3	3	X
fbem-22240	86	3	)	)	PUNCT
fbem-22240	86	4	enterprises	enterprise	NOUN
fbem-22240	86	5	with	with	ADP
fbem-22240	86	6	low	low	ADJ
fbem-22240	86	7	esg	esg	NOUN
fbem-22240	86	8	rating	rating	NOUN
fbem-22240	86	9	have	have	VERB
fbem-22240	86	10	low	low	ADJ
fbem-22240	86	11	normative	normative	ADJ
fbem-22240	86	12	scores	score	NOUN
fbem-22240	86	13	in	in	ADP
fbem-22240	86	14	earnings	earning	NOUN
fbem-22240	86	15	management	management	NOUN
fbem-22240	86	16	,	,	PUNCT
fbem-22240	86	17	showing	show	VERB
fbem-22240	86	18	great	great	ADJ
fbem-22240	86	19	differences	difference	NOUN
fbem-22240	86	20	and	and	CCONJ
fbem-22240	86	21	irregularities	irregularity	NOUN
fbem-22240	86	22	.	.	PUNCT
fbem-22240	87	1	table	table	NOUN
fbem-22240	87	2	2	2	NUM
fbem-22240	87	3	.	.	PUNCT
fbem-22240	88	1	the	the	DET
fbem-22240	88	2	relationship	relationship	NOUN
fbem-22240	88	3	between	between	ADP
fbem-22240	88	4	the	the	DET
fbem-22240	88	5	standardization	standardization	NOUN
fbem-22240	88	6	of	of	ADP
fbem-22240	88	7	earnings	earning	NOUN
fbem-22240	88	8	management	management	NOUN
fbem-22240	88	9	and	and	CCONJ
fbem-22240	88	10	corporate	corporate	ADJ
fbem-22240	88	11	performance	performance	NOUN
fbem-22240	88	12	normative	normative	ADJ
fbem-22240	88	13	score	score	NOUN
fbem-22240	88	14	interval	interval	NOUN
fbem-22240	88	15	of	of	ADP
fbem-22240	88	16	earnings	earning	NOUN
fbem-22240	88	17	management	management	NOUN
fbem-22240	88	18	sam	sam	PROPN
fbem-22240	88	19	ple	ple	PROPN
fbem-22240	88	20	size	size	NOUN
fbem-22240	88	21	average	average	ADJ
fbem-22240	88	22	company	company	NOUN
fbem-22240	88	23	performance	performance	NOUN
fbem-22240	88	24	score	score	NOUN
fbem-22240	88	25	(	(	PUNCT
fbem-22240	88	26	out	out	ADP
fbem-22240	88	27	of	of	ADP
fbem-22240	88	28	100	100	NUM
fbem-22240	88	29	)	)	PUNCT
fbem-22240	88	30	standard	standard	ADJ
fbem-22240	88	31	deviation	deviation	NOUN
fbem-22240	88	32	80	80	NUM
fbem-22240	88	33	-	-	SYM
fbem-22240	88	34	100	100	NUM
fbem-22240	88	35	50	50	NUM
fbem-22240	88	36	91.5	91.5	NUM
fbem-22240	88	37	3.1	3.1	NUM
fbem-22240	88	38	60	60	NUM
fbem-22240	88	39	-	-	SYM
fbem-22240	88	40	79	79	NUM
fbem-22240	88	41	50	50	NUM
fbem-22240	88	42	76.8	76.8	NUM
fbem-22240	88	43	4.2	4.2	NUM
fbem-22240	88	44	<	<	NOUN
fbem-22240	88	45	60	60	NUM
fbem-22240	88	46	50	50	NUM
fbem-22240	88	47	62.3	62.3	NUM
fbem-22240	88	48	5.0	5.0	NUM
fbem-22240	88	49	(	(	PUNCT
fbem-22240	88	50	1	1	NUM
fbem-22240	88	51	)	)	PUNCT
fbem-22240	88	52	the	the	DET
fbem-22240	88	53	average	average	ADJ
fbem-22240	88	54	score	score	NOUN
fbem-22240	88	55	of	of	ADP
fbem-22240	88	56	corporate	corporate	ADJ
fbem-22240	88	57	performance	performance	NOUN
fbem-22240	88	58	of	of	ADP
fbem-22240	88	59	enterprises	enterprise	NOUN
fbem-22240	88	60	with	with	ADP
fbem-22240	88	61	high	high	ADJ
fbem-22240	88	62	normative	normative	ADJ
fbem-22240	88	63	score	score	NOUN
fbem-22240	88	64	of	of	ADP
fbem-22240	88	65	earnings	earning	NOUN
fbem-22240	88	66	management	management	NOUN
fbem-22240	88	67	is	be	AUX
fbem-22240	88	68	also	also	ADV
fbem-22240	88	69	significantly	significantly	ADV
fbem-22240	88	70	higher	high	ADJ
fbem-22240	88	71	.	.	PUNCT
fbem-22240	89	1	(	(	PUNCT
fbem-22240	89	2	2	2	X
fbem-22240	89	3	)	)	PUNCT
fbem-22240	89	4	companies	company	NOUN
fbem-22240	89	5	with	with	ADP
fbem-22240	89	6	earnings	earning	NOUN
fbem-22240	89	7	management	management	NOUN
fbem-22240	89	8	scores	score	NOUN
fbem-22240	89	9	in	in	ADP
fbem-22240	89	10	the	the	DET
fbem-22240	89	11	range	range	NOUN
fbem-22240	89	12	of	of	ADP
fbem-22240	89	13	80	80	NUM
fbem-22240	89	14	-	-	SYM
fbem-22240	89	15	100	100	NUM
fbem-22240	89	16	have	have	VERB
fbem-22240	89	17	performance	performance	NOUN
fbem-22240	89	18	scores	score	NOUN
fbem-22240	89	19	close	close	ADV
fbem-22240	89	20	to	to	ADP
fbem-22240	89	21	full	full	ADJ
fbem-22240	89	22	marks	mark	NOUN
fbem-22240	89	23	.	.	PUNCT
fbem-22240	90	1	(	(	PUNCT
fbem-22240	90	2	3	3	X
fbem-22240	90	3	)	)	PUNCT
fbem-22240	90	4	companies	company	NOUN
fbem-22240	90	5	with	with	ADP
fbem-22240	90	6	earnings	earning	NOUN
fbem-22240	90	7	management	management	NOUN
fbem-22240	90	8	scores	score	NOUN
fbem-22240	90	9	below	below	ADP
fbem-22240	90	10	60	60	NUM
fbem-22240	90	11	have	have	VERB
fbem-22240	90	12	significantly	significantly	ADV
fbem-22240	90	13	lower	low	ADJ
fbem-22240	90	14	corporate	corporate	ADJ
fbem-22240	90	15	performance	performance	NOUN
fbem-22240	90	16	scores	score	NOUN
fbem-22240	90	17	.	.	PUNCT
fbem-22240	91	1	the	the	DET
fbem-22240	91	2	above	above	ADJ
fbem-22240	91	3	empirical	empirical	ADJ
fbem-22240	91	4	analysis	analysis	NOUN
fbem-22240	91	5	results	result	NOUN
fbem-22240	91	6	show	show	VERB
fbem-22240	91	7	that	that	SCONJ
fbem-22240	91	8	there	there	PRON
fbem-22240	91	9	is	be	VERB
fbem-22240	91	10	a	a	DET
fbem-22240	91	11	significant	significant	ADJ
fbem-22240	91	12	positive	positive	ADJ
fbem-22240	91	13	correlation	correlation	NOUN
fbem-22240	91	14	between	between	ADP
fbem-22240	91	15	esg	esg	NOUN
fbem-22240	91	16	rating	rating	NOUN
fbem-22240	91	17	and	and	CCONJ
fbem-22240	91	18	the	the	DET
fbem-22240	91	19	standardization	standardization	NOUN
fbem-22240	91	20	of	of	ADP
fbem-22240	91	21	earnings	earning	NOUN
fbem-22240	91	22	management	management	NOUN
fbem-22240	91	23	,	,	PUNCT
fbem-22240	91	24	that	that	ADV
fbem-22240	91	25	is	is	ADV
fbem-22240	91	26	,	,	PUNCT
fbem-22240	91	27	the	the	PRON
fbem-22240	91	28	higher	high	ADJ
fbem-22240	91	29	the	the	DET
fbem-22240	91	30	esg	esg	NOUN
fbem-22240	91	31	rating	rating	NOUN
fbem-22240	91	32	,	,	PUNCT
fbem-22240	91	33	the	the	PRON
fbem-22240	91	34	more	more	ADV
fbem-22240	91	35	standardized	standardized	ADJ
fbem-22240	91	36	the	the	DET
fbem-22240	91	37	earnings	earning	NOUN
fbem-22240	91	38	management	management	NOUN
fbem-22240	91	39	behavior	behavior	NOUN
fbem-22240	91	40	.	.	PUNCT
fbem-22240	92	1	at	at	ADP
fbem-22240	92	2	the	the	DET
fbem-22240	92	3	same	same	ADJ
fbem-22240	92	4	time	time	NOUN
fbem-22240	92	5	,	,	PUNCT
fbem-22240	92	6	there	there	PRON
fbem-22240	92	7	is	be	VERB
fbem-22240	92	8	a	a	DET
fbem-22240	92	9	significant	significant	ADJ
fbem-22240	92	10	positive	positive	ADJ
fbem-22240	92	11	correlation	correlation	NOUN
fbem-22240	92	12	between	between	ADP
fbem-22240	92	13	the	the	DET
fbem-22240	92	14	standardization	standardization	NOUN
fbem-22240	92	15	of	of	ADP
fbem-22240	92	16	earnings	earning	NOUN
fbem-22240	92	17	management	management	NOUN
fbem-22240	92	18	and	and	CCONJ
fbem-22240	92	19	corporate	corporate	ADJ
fbem-22240	92	20	performance	performance	NOUN
fbem-22240	92	21	,	,	PUNCT
fbem-22240	92	22	which	which	PRON
fbem-22240	92	23	shows	show	VERB
fbem-22240	92	24	that	that	SCONJ
fbem-22240	92	25	standardized	standardized	ADJ
fbem-22240	92	26	earnings	earning	NOUN
fbem-22240	92	27	management	management	NOUN
fbem-22240	92	28	is	be	AUX
fbem-22240	92	29	helpful	helpful	ADJ
fbem-22240	92	30	to	to	PART
fbem-22240	92	31	improve	improve	VERB
fbem-22240	92	32	corporate	corporate	ADJ
fbem-22240	92	33	performance	performance	NOUN
fbem-22240	92	34	.	.	PUNCT
fbem-22240	93	1	this	this	DET
fbem-22240	93	2	discovery	discovery	NOUN
fbem-22240	93	3	verifies	verify	VERB
fbem-22240	93	4	the	the	DET
fbem-22240	93	5	research	research	NOUN
fbem-22240	93	6	hypothesis	hypothesis	NOUN
fbem-22240	93	7	of	of	ADP
fbem-22240	93	8	this	this	DET
fbem-22240	93	9	paper	paper	NOUN
fbem-22240	93	10	,	,	PUNCT
fbem-22240	93	11	that	that	ADV
fbem-22240	93	12	is	is	ADV
fbem-22240	93	13	,	,	PUNCT
fbem-22240	93	14	enterprises	enterprise	NOUN
fbem-22240	93	15	with	with	ADP
fbem-22240	93	16	high	high	ADJ
fbem-22240	93	17	esg	esg	NOUN
fbem-22240	93	18	rating	rating	NOUN
fbem-22240	93	19	can	can	AUX
fbem-22240	93	20	bring	bring	VERB
fbem-22240	93	21	better	well	ADJ
fbem-22240	93	22	corporate	corporate	ADJ
fbem-22240	93	23	performance	performance	NOUN
fbem-22240	93	24	through	through	ADP
fbem-22240	93	25	standardized	standardized	ADJ
fbem-22240	93	26	earnings	earning	NOUN
fbem-22240	93	27	management	management	NOUN
fbem-22240	93	28	behavior	behavior	NOUN
fbem-22240	93	29	.	.	PUNCT
fbem-22240	94	1	6	6	X
fbem-22240	94	2	.	.	X
fbem-22240	94	3	conclusions	conclusion	NOUN
fbem-22240	94	4	and	and	CCONJ
fbem-22240	94	5	suggestions	suggestion	NOUN
fbem-22240	94	6	this	this	DET
fbem-22240	94	7	study	study	NOUN
fbem-22240	94	8	confirmed	confirm	VERB
fbem-22240	94	9	the	the	DET
fbem-22240	94	10	positive	positive	ADJ
fbem-22240	94	11	correlation	correlation	NOUN
fbem-22240	94	12	among	among	ADP
fbem-22240	94	13	esg	esg	PROPN
fbem-22240	94	14	rating	rating	NOUN
fbem-22240	94	15	,	,	PUNCT
fbem-22240	94	16	earnings	earning	NOUN
fbem-22240	94	17	management	management	NOUN
fbem-22240	94	18	and	and	CCONJ
fbem-22240	94	19	corporate	corporate	ADJ
fbem-22240	94	20	performance	performance	NOUN
fbem-22240	94	21	through	through	ADP
fbem-22240	94	22	empirical	empirical	ADJ
fbem-22240	94	23	analysis	analysis	NOUN
fbem-22240	94	24	.	.	PUNCT
fbem-22240	95	1	enterprises	enterprise	NOUN
fbem-22240	95	2	with	with	ADP
fbem-22240	95	3	high	high	ADJ
fbem-22240	95	4	esg	esg	NOUN
fbem-22240	95	5	rating	rating	NOUN
fbem-22240	95	6	can	can	AUX
fbem-22240	95	7	often	often	ADV
fbem-22240	95	8	show	show	VERB
fbem-22240	95	9	more	more	ADV
fbem-22240	95	10	standardized	standardized	ADJ
fbem-22240	95	11	earnings	earning	NOUN
fbem-22240	95	12	management	management	NOUN
fbem-22240	95	13	behavior	behavior	NOUN
fbem-22240	95	14	,	,	PUNCT
fbem-22240	95	15	thus	thus	ADV
fbem-22240	95	16	improving	improve	VERB
fbem-22240	95	17	corporate	corporate	ADJ
fbem-22240	95	18	performance	performance	NOUN
fbem-22240	95	19	.	.	PUNCT
fbem-22240	96	1	this	this	DET
fbem-22240	96	2	conclusion	conclusion	NOUN
fbem-22240	96	3	provides	provide	VERB
fbem-22240	96	4	a	a	DET
fbem-22240	96	5	new	new	ADJ
fbem-22240	96	6	perspective	perspective	NOUN
fbem-22240	96	7	and	and	CCONJ
fbem-22240	96	8	basis	basis	NOUN
fbem-22240	96	9	for	for	ADP
fbem-22240	96	10	enterprise	enterprise	NOUN
fbem-22240	96	11	management	management	NOUN
fbem-22240	96	12	and	and	CCONJ
fbem-22240	96	13	investor	investor	NOUN
fbem-22240	96	14	decision	decision	NOUN
fbem-22240	96	15	-	-	PUNCT
fbem-22240	96	16	making	making	NOUN
fbem-22240	96	17	.	.	PUNCT
fbem-22240	97	1	based	base	VERB
fbem-22240	97	2	on	on	ADP
fbem-22240	97	3	the	the	DET
fbem-22240	97	4	research	research	NOUN
fbem-22240	97	5	results	result	NOUN
fbem-22240	97	6	,	,	PUNCT
fbem-22240	97	7	this	this	DET
fbem-22240	97	8	paper	paper	NOUN
fbem-22240	97	9	suggests	suggest	VERB
fbem-22240	97	10	that	that	SCONJ
fbem-22240	97	11	enterprises	enterprise	NOUN
fbem-22240	97	12	should	should	AUX
fbem-22240	97	13	actively	actively	ADV
fbem-22240	97	14	upgrade	upgrade	VERB
fbem-22240	97	15	esg	esg	NOUN
fbem-22240	97	16	rating	rating	NOUN
fbem-22240	97	17	,	,	PUNCT
fbem-22240	97	18	improve	improve	VERB
fbem-22240	97	19	earnings	earning	NOUN
fbem-22240	97	20	management	management	NOUN
fbem-22240	97	21	behavior	behavior	NOUN
fbem-22240	97	22	by	by	ADP
fbem-22240	97	23	strengthening	strengthen	VERB
fbem-22240	97	24	environmental	environmental	ADJ
fbem-22240	97	25	protection	protection	NOUN
fbem-22240	97	26	,	,	PUNCT
fbem-22240	97	27	fulfilling	fulfil	VERB
fbem-22240	97	28	social	social	ADJ
fbem-22240	97	29	responsibilities	responsibility	NOUN
fbem-22240	97	30	and	and	CCONJ
fbem-22240	97	31	improving	improve	VERB
fbem-22240	97	32	corporate	corporate	ADJ
fbem-22240	97	33	governance	governance	NOUN
fbem-22240	97	34	structure	structure	NOUN
fbem-22240	97	35	,	,	PUNCT
fbem-22240	97	36	and	and	CCONJ
fbem-22240	97	37	then	then	ADV
fbem-22240	97	38	improve	improve	VERB
fbem-22240	97	39	corporate	corporate	ADJ
fbem-22240	97	40	performance	performance	NOUN
fbem-22240	97	41	.	.	PUNCT
fbem-22240	98	1	for	for	ADP
fbem-22240	98	2	investors	investor	NOUN
fbem-22240	98	3	,	,	PUNCT
fbem-22240	98	4	the	the	DET
fbem-22240	98	5	standardization	standardization	NOUN
fbem-22240	98	6	of	of	ADP
fbem-22240	98	7	esg	esg	NOUN
fbem-22240	98	8	rating	rating	NOUN
fbem-22240	98	9	and	and	CCONJ
fbem-22240	98	10	earnings	earning	NOUN
fbem-22240	98	11	management	management	NOUN
fbem-22240	98	12	can	can	AUX
fbem-22240	98	13	be	be	AUX
fbem-22240	98	14	used	use	VERB
fbem-22240	98	15	as	as	ADP
fbem-22240	98	16	an	an	DET
fbem-22240	98	17	important	important	ADJ
fbem-22240	98	18	index	index	NOUN
fbem-22240	98	19	to	to	PART
fbem-22240	98	20	evaluate	evaluate	VERB
fbem-22240	98	21	the	the	DET
fbem-22240	98	22	long	long	ADJ
fbem-22240	98	23	-	-	PUNCT
fbem-22240	98	24	term	term	NOUN
fbem-22240	98	25	performance	performance	NOUN
fbem-22240	98	26	and	and	CCONJ
fbem-22240	98	27	investment	investment	NOUN
fbem-22240	98	28	value	value	NOUN
fbem-22240	98	29	of	of	ADP
fbem-22240	98	30	enterprises	enterprise	NOUN
fbem-22240	98	31	.	.	PUNCT
fbem-22240	99	1	in	in	ADP
fbem-22240	99	2	addition	addition	NOUN
fbem-22240	99	3	,	,	PUNCT
fbem-22240	99	4	the	the	DET
fbem-22240	99	5	government	government	NOUN
fbem-22240	99	6	and	and	CCONJ
fbem-22240	99	7	relevant	relevant	ADJ
fbem-22240	99	8	regulatory	regulatory	ADJ
fbem-22240	99	9	agencies	agency	NOUN
fbem-22240	99	10	should	should	AUX
fbem-22240	99	11	also	also	ADV
fbem-22240	99	12	strengthen	strengthen	VERB
fbem-22240	99	13	the	the	DET
fbem-22240	99	14	supervision	supervision	NOUN
fbem-22240	99	15	of	of	ADP
fbem-22240	99	16	esg	esg	PROPN
fbem-22240	99	17	performance	performance	NOUN
fbem-22240	99	18	and	and	CCONJ
fbem-22240	99	19	financial	financial	ADJ
fbem-22240	99	20	reports	report	NOUN
fbem-22240	99	21	of	of	ADP
fbem-22240	99	22	enterprises	enterprise	NOUN
fbem-22240	99	23	,	,	PUNCT
fbem-22240	99	24	so	so	SCONJ
fbem-22240	99	25	as	as	SCONJ
fbem-22240	99	26	to	to	PART
fbem-22240	99	27	promote	promote	VERB
fbem-22240	99	28	the	the	DET
fbem-22240	99	29	healthy	healthy	ADJ
fbem-22240	99	30	development	development	NOUN
fbem-22240	99	31	of	of	ADP
fbem-22240	99	32	the	the	DET
fbem-22240	99	33	capital	capital	NOUN
fbem-22240	99	34	market	market	NOUN
fbem-22240	99	35	and	and	CCONJ
fbem-22240	99	36	the	the	DET
fbem-22240	99	37	sustainable	sustainable	ADJ
fbem-22240	99	38	operation	operation	NOUN
fbem-22240	99	39	of	of	ADP
fbem-22240	99	40	enterprises	enterprise	NOUN
fbem-22240	99	41	.	.	PUNCT
fbem-22240	100	1	references	reference	NOUN
fbem-22240	100	2	[	[	X
fbem-22240	100	3	1	1	NUM
fbem-22240	100	4	]	]	X
fbem-22240	100	5	gao	gao	PROPN
fbem-22240	100	6	yanyan	yanyan	PROPN
fbem-22240	100	7	,	,	PUNCT
fbem-22240	100	8	huang	huang	PROPN
fbem-22240	100	9	jianbo	jianbo	PROPN
fbem-22240	100	10	.	.	PUNCT
fbem-22240	101	1	esg	esg	NOUN
fbem-22240	101	2	rating	rating	NOUN
fbem-22240	101	3	performance	performance	NOUN
fbem-22240	101	4	and	and	CCONJ
fbem-22240	101	5	corporate	corporate	ADJ
fbem-22240	101	6	real	real	ADJ
fbem-22240	101	7	earnings	earning	NOUN
fbem-22240	101	8	management	management	NOUN
fbem-22240	101	9	-	-	PUNCT
fbem-22240	101	10	evidence	evidence	NOUN
fbem-22240	101	11	from	from	ADP
fbem-22240	101	12	china	china	PROPN
fbem-22240	101	13	ashare	ashare	VERB
fbem-22240	101	14	listed	list	VERB
fbem-22240	101	15	companies	company	NOUN
fbem-22240	102	1	[	[	X
fbem-22240	102	2	j	j	X
fbem-22240	102	3	]	]	X
fbem-22240	102	4	.	.	PUNCT
fbem-22240	103	1	financial	financial	ADJ
fbem-22240	103	2	development	development	PROPN
fbem-22240	103	3	research	research	NOUN
fbem-22240	103	4	,	,	PUNCT
fbem-22240	103	5	2023(1):3	2023(1):3	NUM
fbem-22240	103	6	-	-	SYM
fbem-22240	103	7	12	12	NUM
fbem-22240	103	8	.	.	PUNCT
fbem-22240	104	1	[	[	X
fbem-22240	104	2	2	2	NUM
fbem-22240	104	3	]	]	PUNCT
fbem-22240	104	4	wang	wang	PROPN
fbem-22240	104	5	jingxuan	jingxuan	PROPN
fbem-22240	104	6	.	.	PUNCT
fbem-22240	105	1	esg	esg	NOUN
fbem-22240	105	2	performance	performance	NOUN
fbem-22240	105	3	,	,	PUNCT
fbem-22240	105	4	inefficient	inefficient	ADJ
fbem-22240	105	5	investment	investment	NOUN
fbem-22240	105	6	and	and	CCONJ
fbem-22240	105	7	earnings	earning	NOUN
fbem-22240	105	8	management	management	NOUN
fbem-22240	106	1	[	[	X
fbem-22240	106	2	j	j	X
fbem-22240	106	3	]	]	X
fbem-22240	106	4	.	.	PUNCT
fbem-22240	107	1	cooperative	cooperative	ADJ
fbem-22240	107	2	economy	economy	NOUN
fbem-22240	107	3	and	and	CCONJ
fbem-22240	107	4	technology	technology	NOUN
fbem-22240	107	5	,	,	PUNCT
fbem-22240	107	6	2023(23):120	2023(23):120	NUM
fbem-22240	107	7	-	-	SYM
fbem-22240	107	8	122	122	NUM
fbem-22240	107	9	.	.	PUNCT
fbem-22240	108	1	[	[	X
fbem-22240	108	2	3	3	X
fbem-22240	108	3	]	]	X
fbem-22240	108	4	qu	qu	PROPN
fbem-22240	108	5	wenbin	wenbin	PROPN
fbem-22240	108	6	,	,	PUNCT
fbem-22240	108	7	he	he	PRON
fbem-22240	108	8	boyu	boyu	VERB
fbem-22240	108	9	.	.	PUNCT
fbem-22240	109	1	can	can	AUX
fbem-22240	109	2	esg	esg	NOUN
fbem-22240	109	3	performance	performance	NOUN
fbem-22240	109	4	constrain	constrain	VERB
fbem-22240	109	5	real	real	ADJ
fbem-22240	109	6	earnings	earning	NOUN
fbem-22240	109	7	management	management	NOUN
fbem-22240	109	8	behavior	behavior	NOUN
fbem-22240	109	9	?	?	PUNCT
fbem-22240	110	1	—	—	PUNCT
fbem-22240	110	2	—	—	PUNCT
fbem-22240	110	3	empirical	empirical	ADJ
fbem-22240	110	4	evidence	evidence	NOUN
fbem-22240	110	5	from	from	ADP
fbem-22240	110	6	listed	list	VERB
fbem-22240	110	7	companies	company	NOUN
fbem-22240	110	8	in	in	ADP
fbem-22240	110	9	china	china	PROPN
fbem-22240	111	1	[	[	X
fbem-22240	111	2	j	j	X
fbem-22240	111	3	]	]	X
fbem-22240	111	4	.	.	PUNCT
fbem-22240	112	1	science	science	NOUN
fbem-22240	112	2	and	and	CCONJ
fbem-22240	112	3	technology	technology	NOUN
fbem-22240	112	4	management	management	NOUN
fbem-22240	112	5	of	of	ADP
fbem-22240	112	6	land	land	NOUN
fbem-22240	112	7	and	and	CCONJ
fbem-22240	112	8	resources	resource	NOUN
fbem-22240	112	9	,	,	PUNCT
fbem-22240	112	10	2023	2023	NUM
fbem-22240	112	11	,	,	PUNCT
fbem-22240	112	12	40(1):104	40(1):104	PROPN
fbem-22240	112	13	-	-	PUNCT
fbem-22240	112	14	116	116	NUM
fbem-22240	112	15	.	.	PUNCT
fbem-22240	113	1	[	[	X
fbem-22240	113	2	4	4	X
fbem-22240	113	3	]	]	X
fbem-22240	113	4	zhang	zhang	PROPN
fbem-22240	113	5	jing	jing	PROPN
fbem-22240	113	6	,	,	PUNCT
fbem-22240	113	7	liu	liu	PROPN
fbem-22240	113	8	xuekun	xuekun	PROPN
fbem-22240	113	9	.	.	PUNCT
fbem-22240	114	1	empirical	empirical	ADJ
fbem-22240	114	2	study	study	NOUN
fbem-22240	114	3	on	on	ADP
fbem-22240	114	4	the	the	DET
fbem-22240	114	5	influence	influence	NOUN
fbem-22240	114	6	of	of	ADP
fbem-22240	114	7	esg	esg	PROPN
fbem-22240	114	8	score	score	NOUN
fbem-22240	114	9	on	on	ADP
fbem-22240	114	10	the	the	DET
fbem-22240	114	11	value	value	NOUN
fbem-22240	114	12	at	at	ADP
fbem-22240	114	13	risk	risk	NOUN
fbem-22240	114	14	of	of	ADP
fbem-22240	114	15	corporate	corporate	ADJ
fbem-22240	114	16	bonds	bond	NOUN
fbem-22240	114	17	[	[	X
fbem-22240	114	18	j	j	X
fbem-22240	114	19	]	]	X
fbem-22240	114	20	.	.	PUNCT
fbem-22240	115	1	investment	investment	NOUN
fbem-22240	115	2	research	research	NOUN
fbem-22240	115	3	,	,	PUNCT
fbem-22240	115	4	2022	2022	NUM
fbem-22240	115	5	,	,	PUNCT
fbem-22240	115	6	41(11):25	41(11):25	PROPN
fbem-22240	115	7	-	-	SYM
fbem-22240	115	8	43	43	NUM
fbem-22240	115	9	.	.	PUNCT
fbem-22240	116	1	[	[	X
fbem-22240	116	2	5	5	NUM
fbem-22240	116	3	]	]	PUNCT
fbem-22240	116	4	ni	ni	NOUN
fbem-22240	116	5	guoai	guoai	PROPN
fbem-22240	116	6	,	,	PUNCT
fbem-22240	116	7	dou	dou	X
fbem-22240	116	8	xian	xian	NOUN
fbem-22240	116	9	.	.	PUNCT
fbem-22240	117	1	can	can	AUX
fbem-22240	117	2	esg	esg	NOUN
fbem-22240	117	3	performance	performance	NOUN
fbem-22240	117	4	promote	promote	VERB
fbem-22240	117	5	enterprise	enterprise	NOUN
fbem-22240	117	6	innovation	innovation	NOUN
fbem-22240	117	7	?	?	PUNCT
fbem-22240	118	1	[	[	X
fbem-22240	118	2	j	j	X
fbem-22240	118	3	]	]	X
fbem-22240	118	4	.	.	PUNCT
fbem-22240	119	1	journal	journal	PROPN
fbem-22240	119	2	of	of	ADP
fbem-22240	119	3	tongling	tongling	PROPN
fbem-22240	119	4	university	university	NOUN
fbem-22240	119	5	,	,	PUNCT
fbem-22240	119	6	2021	2021	NUM
fbem-22240	119	7	,	,	PUNCT
fbem-22240	119	8	20(6):40	20(6):40	PROPN
fbem-22240	119	9	-	-	SYM
fbem-22240	119	10	47	47	NUM
fbem-22240	119	11	.	.	PUNCT
fbem-22240	120	1	[	[	X
fbem-22240	120	2	6	6	NUM
fbem-22240	120	3	]	]	SYM
fbem-22240	120	4	li	li	PROPN
fbem-22240	120	5	zhengwei	zhengwei	PROPN
fbem-22240	120	6	,	,	PUNCT
fbem-22240	120	7	zhang	zhang	PROPN
fbem-22240	120	8	yinqi	yinqi	PROPN
fbem-22240	120	9	,	,	PUNCT
fbem-22240	120	10	tang	tang	PROPN
fbem-22240	120	11	jianping	jianping	NOUN
fbem-22240	120	12	.	.	PUNCT
fbem-22240	121	1	research	research	NOUN
fbem-22240	121	2	on	on	ADP
fbem-22240	121	3	investment	investment	NOUN
fbem-22240	121	4	strategy	strategy	NOUN
fbem-22240	121	5	based	base	VERB
fbem-22240	121	6	on	on	ADP
fbem-22240	121	7	esg	esg	PROPN
fbem-22240	121	8	rating	rating	NOUN
fbem-22240	122	1	[	[	X
fbem-22240	122	2	j	j	X
fbem-22240	122	3	]	]	X
fbem-22240	122	4	.	.	PUNCT
fbem-22240	123	1	investors	investor	NOUN
fbem-22240	123	2	,	,	PUNCT
fbem-22240	123	3	2022(1):30	2022(1):30	NUM
fbem-22240	123	4	-	-	SYM
fbem-22240	123	5	45	45	NUM
fbem-22240	123	6	.	.	PUNCT
fbem-22240	124	1	[	[	X
fbem-22240	124	2	7	7	X
fbem-22240	124	3	]	]	X
fbem-22240	124	4	zhao	zhao	PROPN
fbem-22240	124	5	yi	yi	PROPN
fbem-22240	124	6	.	.	PUNCT
fbem-22240	125	1	the	the	DET
fbem-22240	125	2	relationship	relationship	NOUN
fbem-22240	125	3	between	between	ADP
fbem-22240	125	4	esg	esg	NOUN
fbem-22240	125	5	performance	performance	NOUN
fbem-22240	125	6	and	and	CCONJ
fbem-22240	125	7	corporate	corporate	ADJ
fbem-22240	125	8	financial	financial	ADJ
fbem-22240	125	9	performance	performance	NOUN
fbem-22240	125	10	-	-	PUNCT
fbem-22240	125	11	taking	take	VERB
fbem-22240	125	12	baoshan	baoshan	NOUN
fbem-22240	125	13	iron	iron	NOUN
fbem-22240	125	14	&	&	CCONJ
fbem-22240	125	15	steel	steel	NOUN
fbem-22240	125	16	as	as	ADP
fbem-22240	125	17	123	123	NUM
fbem-22240	125	18	an	an	DET
fbem-22240	125	19	example	example	NOUN
fbem-22240	126	1	[	[	X
fbem-22240	126	2	j	j	X
fbem-22240	126	3	]	]	X
fbem-22240	126	4	.	.	PUNCT
fbem-22240	127	1	investment	investment	NOUN
fbem-22240	127	2	and	and	CCONJ
fbem-22240	127	3	entrepreneurship	entrepreneurship	NOUN
fbem-22240	127	4	,	,	PUNCT
fbem-22240	127	5	2022(12):55	2022(12):55	NUM
fbem-22240	127	6	-	-	SYM
fbem-22240	127	7	57	57	NUM
fbem-22240	127	8	.	.	PUNCT
fbem-22240	128	1	[	[	X
fbem-22240	128	2	8	8	NUM
fbem-22240	128	3	]	]	X
fbem-22240	128	4	yan	yan	PROPN
fbem-22240	128	5	weixiang	weixiang	PROPN
fbem-22240	128	6	,	,	PUNCT
fbem-22240	128	7	zhao	zhao	PROPN
fbem-22240	128	8	yu	yu	PROPN
fbem-22240	128	9	,	,	PUNCT
fbem-22240	128	10	meng	meng	PROPN
fbem-22240	128	11	defeng	defeng	PROPN
fbem-22240	128	12	.	.	PUNCT
fbem-22240	129	1	research	research	NOUN
fbem-22240	129	2	on	on	ADP
fbem-22240	129	3	the	the	DET
fbem-22240	129	4	influence	influence	NOUN
fbem-22240	129	5	of	of	ADP
fbem-22240	129	6	esg	esg	PROPN
fbem-22240	129	7	rating	rating	NOUN
fbem-22240	129	8	on	on	ADP
fbem-22240	129	9	the	the	DET
fbem-22240	129	10	financial	financial	ADJ
fbem-22240	129	11	performance	performance	NOUN
fbem-22240	129	12	of	of	ADP
fbem-22240	129	13	listed	list	VERB
fbem-22240	129	14	companies	company	NOUN
fbem-22240	130	1	[	[	X
fbem-22240	130	2	j	j	X
fbem-22240	130	3	]	]	X
fbem-22240	130	4	.	.	PUNCT
fbem-22240	131	1	journal	journal	PROPN
fbem-22240	131	2	of	of	ADP
fbem-22240	131	3	nanjing	nanjing	PROPN
fbem-22240	131	4	audit	audit	PROPN
fbem-22240	131	5	university	university	NOUN
fbem-22240	131	6	,	,	PUNCT
fbem-22240	131	7	2023	2023	NUM
fbem-22240	131	8	,	,	PUNCT
fbem-22240	131	9	20(6):71	20(6):71	PROPN
fbem-22240	131	10	-	-	SYM
fbem-22240	131	11	80	80	NUM
fbem-22240	131	12	.	.	PUNCT
fbem-22240	132	1	[	[	X
fbem-22240	132	2	9	9	NUM
fbem-22240	132	3	]	]	X
fbem-22240	132	4	tao	tao	PROPN
fbem-22240	132	5	yanlin	yanlin	PROPN
fbem-22240	132	6	.	.	PUNCT
fbem-22240	133	1	empirical	empirical	ADJ
fbem-22240	133	2	study	study	NOUN
fbem-22240	133	3	on	on	ADP
fbem-22240	133	4	the	the	DET
fbem-22240	133	5	influence	influence	NOUN
fbem-22240	133	6	of	of	ADP
fbem-22240	133	7	esg	esg	PROPN
fbem-22240	133	8	rating	rating	NOUN
fbem-22240	133	9	on	on	ADP
fbem-22240	133	10	corporate	corporate	ADJ
fbem-22240	133	11	financial	financial	ADJ
fbem-22240	133	12	performance	performance	NOUN
fbem-22240	133	13	-	-	PUNCT
fbem-22240	133	14	empirical	empirical	ADJ
fbem-22240	133	15	evidence	evidence	NOUN
fbem-22240	133	16	from	from	ADP
fbem-22240	133	17	ashare	ashare	NOUN
fbem-22240	133	18	listed	list	VERB
fbem-22240	133	19	companies	company	NOUN
fbem-22240	134	1	[	[	X
fbem-22240	134	2	j	j	X
fbem-22240	134	3	]	]	X
fbem-22240	134	4	.	.	PUNCT
fbem-22240	135	1	china	china	PROPN
fbem-22240	135	2	market	market	PROPN
fbem-22240	135	3	,	,	PUNCT
fbem-22240	135	4	2023(34):13	2023(34):13	NUM
fbem-22240	135	5	-	-	SYM
fbem-22240	135	6	20	20	NUM
fbem-22240	135	7	.	.	PUNCT