id	sid	tid	token	lemma	pos
fbem-26247	1	1	frontiers	frontier	NOUN
fbem-26247	1	2	in	in	ADP
fbem-26247	1	3	business	business	NOUN
fbem-26247	1	4	,	,	PUNCT
fbem-26247	1	5	economics	economic	NOUN
fbem-26247	1	6	and	and	CCONJ
fbem-26247	1	7	management	management	NOUN
fbem-26247	1	8	issn	issn	PROPN
fbem-26247	1	9	:	:	PUNCT
fbem-26247	1	10	2766	2766	NUM
fbem-26247	1	11	-	-	PUNCT
fbem-26247	1	12	824x	824x	NUM
fbem-26247	1	13	|	|	ADJ
fbem-26247	1	14	vol	vol	NOUN
fbem-26247	1	15	.	.	PUNCT
fbem-26247	2	1	16	16	NUM
fbem-26247	2	2	,	,	PUNCT
fbem-26247	2	3	no	no	INTJ
fbem-26247	2	4	.	.	NOUN
fbem-26247	2	5	3	3	NUM
fbem-26247	2	6	,	,	PUNCT
fbem-26247	2	7	2024	2024	NUM
fbem-26247	2	8	212	212	NUM
fbem-26247	2	9	confucianism	confucianism	NOUN
fbem-26247	2	10	and	and	CCONJ
fbem-26247	2	11	stock	stock	NOUN
fbem-26247	2	12	price	price	NOUN
fbem-26247	2	13	synchronization	synchronization	NOUN
fbem-26247	2	14	bin	bin	PROPN
fbem-26247	2	15	zhang	zhang	PROPN
fbem-26247	2	16	school	school	PROPN
fbem-26247	2	17	of	of	ADP
fbem-26247	2	18	accounting	accounting	PROPN
fbem-26247	2	19	,	,	PUNCT
fbem-26247	2	20	anhui	anhui	PROPN
fbem-26247	2	21	university	university	PROPN
fbem-26247	2	22	of	of	ADP
fbem-26247	2	23	finance	finance	NOUN
fbem-26247	2	24	and	and	CCONJ
fbem-26247	2	25	economics	economic	NOUN
fbem-26247	2	26	,	,	PUNCT
fbem-26247	2	27	anhui	anhui	PROPN
fbem-26247	2	28	,	,	PUNCT
fbem-26247	2	29	china	china	PROPN
fbem-26247	2	30	abstract	abstract	NOUN
fbem-26247	2	31	:	:	PUNCT
fbem-26247	2	32	this	this	DET
fbem-26247	2	33	paper	paper	NOUN
fbem-26247	2	34	empirically	empirically	ADV
fbem-26247	2	35	examines	examine	VERB
fbem-26247	2	36	the	the	DET
fbem-26247	2	37	effect	effect	NOUN
fbem-26247	2	38	of	of	ADP
fbem-26247	2	39	confucian	confucian	ADJ
fbem-26247	2	40	culture	culture	NOUN
fbem-26247	2	41	on	on	ADP
fbem-26247	2	42	stock	stock	NOUN
fbem-26247	2	43	price	price	NOUN
fbem-26247	2	44	synchronization	synchronization	NOUN
fbem-26247	2	45	by	by	ADP
fbem-26247	2	46	selecting	select	VERB
fbem-26247	2	47	data	datum	NOUN
fbem-26247	2	48	from	from	ADP
fbem-26247	2	49	listed	list	VERB
fbem-26247	2	50	companies	company	NOUN
fbem-26247	2	51	from	from	ADP
fbem-26247	2	52	2008	2008	NUM
fbem-26247	2	53	-	-	SYM
fbem-26247	2	54	2021	2021	NUM
fbem-26247	2	55	.	.	PUNCT
fbem-26247	3	1	the	the	DET
fbem-26247	3	2	results	result	NOUN
fbem-26247	3	3	show	show	VERB
fbem-26247	3	4	that	that	SCONJ
fbem-26247	3	5	confucian	confucian	ADJ
fbem-26247	3	6	culture	culture	NOUN
fbem-26247	3	7	can	can	AUX
fbem-26247	3	8	significantly	significantly	ADV
fbem-26247	3	9	reduce	reduce	VERB
fbem-26247	3	10	the	the	DET
fbem-26247	3	11	level	level	NOUN
fbem-26247	3	12	of	of	ADP
fbem-26247	3	13	stock	stock	NOUN
fbem-26247	3	14	price	price	NOUN
fbem-26247	3	15	synchronization	synchronization	NOUN
fbem-26247	3	16	and	and	CCONJ
fbem-26247	3	17	does	do	VERB
fbem-26247	3	18	so	so	ADV
fbem-26247	3	19	mainly	mainly	ADV
fbem-26247	3	20	by	by	ADP
fbem-26247	3	21	suppressing	suppress	VERB
fbem-26247	3	22	managers	manager	NOUN
fbem-26247	3	23	'	'	PART
fbem-26247	3	24	self	self	NOUN
fbem-26247	3	25	-	-	PUNCT
fbem-26247	3	26	interested	interested	ADJ
fbem-26247	3	27	motives	motive	NOUN
fbem-26247	3	28	and	and	CCONJ
fbem-26247	3	29	improving	improve	VERB
fbem-26247	3	30	the	the	DET
fbem-26247	3	31	quality	quality	NOUN
fbem-26247	3	32	of	of	ADP
fbem-26247	3	33	corporate	corporate	ADJ
fbem-26247	3	34	information	information	NOUN
fbem-26247	3	35	.	.	PUNCT
fbem-26247	4	1	heterogeneity	heterogeneity	NOUN
fbem-26247	4	2	analysis	analysis	NOUN
fbem-26247	4	3	reveals	reveal	VERB
fbem-26247	4	4	that	that	SCONJ
fbem-26247	4	5	the	the	DET
fbem-26247	4	6	inhibitory	inhibitory	ADJ
fbem-26247	4	7	effect	effect	NOUN
fbem-26247	4	8	of	of	ADP
fbem-26247	4	9	confucian	confucian	ADJ
fbem-26247	4	10	culture	culture	NOUN
fbem-26247	4	11	on	on	ADP
fbem-26247	4	12	stock	stock	NOUN
fbem-26247	4	13	price	price	NOUN
fbem-26247	4	14	synchronization	synchronization	NOUN
fbem-26247	4	15	is	be	AUX
fbem-26247	4	16	more	more	ADV
fbem-26247	4	17	pronounced	pronounce	VERB
fbem-26247	4	18	in	in	ADP
fbem-26247	4	19	firms	firm	NOUN
fbem-26247	4	20	that	that	PRON
fbem-26247	4	21	have	have	AUX
fbem-26247	4	22	not	not	PART
fbem-26247	4	23	been	be	AUX
fbem-26247	4	24	exposed	expose	VERB
fbem-26247	4	25	to	to	ADP
fbem-26247	4	26	foreign	foreign	ADJ
fbem-26247	4	27	cultural	cultural	ADJ
fbem-26247	4	28	shocks	shock	NOUN
fbem-26247	4	29	and	and	CCONJ
fbem-26247	4	30	have	have	VERB
fbem-26247	4	31	less	less	ADJ
fbem-26247	4	32	analyst	analyst	NOUN
fbem-26247	4	33	attention	attention	NOUN
fbem-26247	4	34	.	.	PUNCT
fbem-26247	5	1	the	the	DET
fbem-26247	5	2	findings	finding	NOUN
fbem-26247	5	3	provide	provide	VERB
fbem-26247	5	4	empirical	empirical	ADJ
fbem-26247	5	5	evidence	evidence	NOUN
fbem-26247	5	6	to	to	PART
fbem-26247	5	7	support	support	VERB
fbem-26247	5	8	the	the	DET
fbem-26247	5	9	governance	governance	NOUN
fbem-26247	5	10	function	function	NOUN
fbem-26247	5	11	of	of	ADP
fbem-26247	5	12	confucian	confucian	ADJ
fbem-26247	5	13	culture	culture	NOUN
fbem-26247	5	14	and	and	CCONJ
fbem-26247	5	15	have	have	VERB
fbem-26247	5	16	important	important	ADJ
fbem-26247	5	17	practical	practical	ADJ
fbem-26247	5	18	implications	implication	NOUN
fbem-26247	5	19	for	for	ADP
fbem-26247	5	20	improving	improve	VERB
fbem-26247	5	21	capital	capital	NOUN
fbem-26247	5	22	market	market	NOUN
fbem-26247	5	23	pricing	pricing	NOUN
fbem-26247	5	24	efficiency	efficiency	NOUN
fbem-26247	5	25	.	.	PUNCT
fbem-26247	6	1	keywords	keyword	NOUN
fbem-26247	6	2	:	:	PUNCT
fbem-26247	6	3	confucianism	confucianism	NOUN
fbem-26247	6	4	,	,	PUNCT
fbem-26247	6	5	stock	stock	NOUN
fbem-26247	6	6	price	price	NOUN
fbem-26247	6	7	synchronization	synchronization	NOUN
fbem-26247	6	8	,	,	PUNCT
fbem-26247	6	9	capital	capital	NOUN
fbem-26247	6	10	market	market	NOUN
fbem-26247	6	11	pricing	pricing	NOUN
fbem-26247	6	12	efficiency	efficiency	NOUN
fbem-26247	6	13	.	.	PUNCT
fbem-26247	7	1	1	1	X
fbem-26247	7	2	.	.	X
fbem-26247	7	3	introduction	introduction	NOUN
fbem-26247	7	4	the	the	DET
fbem-26247	7	5	report	report	NOUN
fbem-26247	7	6	of	of	ADP
fbem-26247	7	7	the	the	DET
fbem-26247	7	8	20th	20th	ADJ
fbem-26247	7	9	cpc	cpc	PROPN
fbem-26247	7	10	national	national	PROPN
fbem-26247	7	11	congress	congress	PROPN
fbem-26247	7	12	points	point	VERB
fbem-26247	7	13	out	out	ADP
fbem-26247	7	14	that	that	SCONJ
fbem-26247	7	15	it	it	PRON
fbem-26247	7	16	is	be	AUX
fbem-26247	7	17	necessary	necessary	ADJ
fbem-26247	7	18	to	to	PART
fbem-26247	7	19	“	"	PUNCT
fbem-26247	7	20	give	give	VERB
fbem-26247	7	21	full	full	ADJ
fbem-26247	7	22	play	play	NOUN
fbem-26247	7	23	to	to	ADP
fbem-26247	7	24	the	the	DET
fbem-26247	7	25	decisive	decisive	ADJ
fbem-26247	7	26	role	role	NOUN
fbem-26247	7	27	of	of	ADP
fbem-26247	7	28	the	the	DET
fbem-26247	7	29	market	market	NOUN
fbem-26247	7	30	in	in	ADP
fbem-26247	7	31	the	the	DET
fbem-26247	7	32	allocation	allocation	NOUN
fbem-26247	7	33	of	of	ADP
fbem-26247	7	34	resources	resource	NOUN
fbem-26247	7	35	”	"	PUNCT
fbem-26247	7	36	;	;	PUNCT
fbem-26247	7	37	moreover	moreover	ADV
fbem-26247	7	38	,	,	PUNCT
fbem-26247	7	39	china	china	PROPN
fbem-26247	7	40	's	's	PART
fbem-26247	7	41	policies	policy	NOUN
fbem-26247	7	42	have	have	AUX
fbem-26247	7	43	always	always	ADV
fbem-26247	7	44	emphasized	emphasize	VERB
fbem-26247	7	45	that	that	SCONJ
fbem-26247	7	46	“	"	PUNCT
fbem-26247	7	47	we	we	PRON
fbem-26247	7	48	must	must	AUX
fbem-26247	7	49	accelerate	accelerate	VERB
fbem-26247	7	50	the	the	DET
fbem-26247	7	51	improvement	improvement	NOUN
fbem-26247	7	52	of	of	ADP
fbem-26247	7	53	the	the	DET
fbem-26247	7	54	socialist	socialist	ADJ
fbem-26247	7	55	market	market	NOUN
fbem-26247	7	56	economic	economic	ADJ
fbem-26247	7	57	system	system	NOUN
fbem-26247	7	58	,	,	PUNCT
fbem-26247	7	59	and	and	CCONJ
fbem-26247	7	60	the	the	DET
fbem-26247	7	61	reform	reform	NOUN
fbem-26247	7	62	of	of	ADP
fbem-26247	7	63	the	the	DET
fbem-26247	7	64	economic	economic	ADJ
fbem-26247	7	65	system	system	NOUN
fbem-26247	7	66	must	must	AUX
fbem-26247	7	67	focus	focus	VERB
fbem-26247	7	68	on	on	ADP
fbem-26247	7	69	the	the	DET
fbem-26247	7	70	improvement	improvement	NOUN
fbem-26247	7	71	of	of	ADP
fbem-26247	7	72	the	the	DET
fbem-26247	7	73	property	property	NOUN
fbem-26247	7	74	rights	right	NOUN
fbem-26247	7	75	system	system	NOUN
fbem-26247	7	76	and	and	CCONJ
fbem-26247	7	77	the	the	DET
fbem-26247	7	78	marketoriented	marketoriente	VERB
fbem-26247	7	79	allocation	allocation	NOUN
fbem-26247	7	80	of	of	ADP
fbem-26247	7	81	factors	factor	NOUN
fbem-26247	7	82	to	to	PART
fbem-26247	7	83	realize	realize	VERB
fbem-26247	7	84	the	the	DET
fbem-26247	7	85	effective	effective	ADJ
fbem-26247	7	86	incentives	incentive	NOUN
fbem-26247	7	87	for	for	ADP
fbem-26247	7	88	property	property	NOUN
fbem-26247	7	89	rights	right	NOUN
fbem-26247	7	90	.	.	PUNCT
fbem-26247	8	1	effective	effective	ADJ
fbem-26247	8	2	incentives	incentive	NOUN
fbem-26247	8	3	for	for	ADP
fbem-26247	8	4	property	property	NOUN
fbem-26247	8	5	rights	right	NOUN
fbem-26247	8	6	.	.	PUNCT
fbem-26247	9	1	free	free	ADJ
fbem-26247	9	2	flow	flow	NOUN
fbem-26247	9	3	of	of	ADP
fbem-26247	9	4	factors	factor	NOUN
fbem-26247	9	5	,	,	PUNCT
fbem-26247	9	6	flexible	flexible	ADJ
fbem-26247	9	7	price	price	NOUN
fbem-26247	9	8	response	response	NOUN
fbem-26247	9	9	,	,	PUNCT
fbem-26247	9	10	fair	fair	ADJ
fbem-26247	9	11	and	and	CCONJ
fbem-26247	9	12	orderly	orderly	ADJ
fbem-26247	9	13	competition	competition	NOUN
fbem-26247	9	14	,	,	PUNCT
fbem-26247	9	15	and	and	CCONJ
fbem-26247	9	16	superiority	superiority	NOUN
fbem-26247	9	17	and	and	CCONJ
fbem-26247	9	18	inferiority	inferiority	NOUN
fbem-26247	9	19	of	of	ADP
fbem-26247	9	20	enterprises	enterprise	NOUN
fbem-26247	9	21	.	.	PUNCT
fbem-26247	10	1	it	it	PRON
fbem-26247	10	2	is	be	AUX
fbem-26247	10	3	also	also	ADV
fbem-26247	10	4	necessary	necessary	ADJ
fbem-26247	10	5	to	to	PART
fbem-26247	10	6	deepen	deepen	VERB
fbem-26247	10	7	the	the	DET
fbem-26247	10	8	reform	reform	NOUN
fbem-26247	10	9	of	of	ADP
fbem-26247	10	10	the	the	DET
fbem-26247	10	11	financial	financial	ADJ
fbem-26247	10	12	system	system	NOUN
fbem-26247	10	13	and	and	CCONJ
fbem-26247	10	14	enhance	enhance	VERB
fbem-26247	10	15	the	the	DET
fbem-26247	10	16	ability	ability	NOUN
fbem-26247	10	17	of	of	ADP
fbem-26247	10	18	financial	financial	ADJ
fbem-26247	10	19	services	service	NOUN
fbem-26247	10	20	to	to	ADP
fbem-26247	10	21	the	the	DET
fbem-26247	10	22	real	real	ADJ
fbem-26247	10	23	economy	economy	NOUN
fbem-26247	10	24	.	.	PUNCT
fbem-26247	10	25	”	"	PUNCT
fbem-26247	11	1	as	as	ADP
fbem-26247	11	2	a	a	DET
fbem-26247	11	3	measure	measure	NOUN
fbem-26247	11	4	of	of	ADP
fbem-26247	11	5	the	the	DET
fbem-26247	11	6	correlation	correlation	NOUN
fbem-26247	11	7	between	between	ADP
fbem-26247	11	8	the	the	DET
fbem-26247	11	9	movement	movement	NOUN
fbem-26247	11	10	of	of	ADP
fbem-26247	11	11	individual	individual	ADJ
fbem-26247	11	12	stock	stock	NOUN
fbem-26247	11	13	prices	price	NOUN
fbem-26247	11	14	and	and	CCONJ
fbem-26247	11	15	the	the	DET
fbem-26247	11	16	average	average	ADJ
fbem-26247	11	17	movement	movement	NOUN
fbem-26247	11	18	of	of	ADP
fbem-26247	11	19	the	the	DET
fbem-26247	11	20	entire	entire	ADJ
fbem-26247	11	21	stock	stock	NOUN
fbem-26247	11	22	market	market	NOUN
fbem-26247	11	23	,	,	PUNCT
fbem-26247	11	24	stock	stock	NOUN
fbem-26247	11	25	price	price	NOUN
fbem-26247	11	26	synchronization	synchronization	NOUN
fbem-26247	11	27	is	be	AUX
fbem-26247	11	28	often	often	ADV
fbem-26247	11	29	used	use	VERB
fbem-26247	11	30	to	to	PART
fbem-26247	11	31	measure	measure	VERB
fbem-26247	11	32	the	the	DET
fbem-26247	11	33	pricing	pricing	NOUN
fbem-26247	11	34	efficiency	efficiency	NOUN
fbem-26247	11	35	and	and	CCONJ
fbem-26247	11	36	information	information	NOUN
fbem-26247	11	37	transmission	transmission	NOUN
fbem-26247	11	38	efficiency	efficiency	NOUN
fbem-26247	11	39	of	of	ADP
fbem-26247	11	40	the	the	DET
fbem-26247	11	41	capital	capital	NOUN
fbem-26247	11	42	market	market	NOUN
fbem-26247	11	43	.	.	PUNCT
fbem-26247	12	1	china	china	PROPN
fbem-26247	12	2	's	's	PART
fbem-26247	12	3	capital	capital	NOUN
fbem-26247	12	4	market	market	NOUN
fbem-26247	12	5	construction	construction	NOUN
fbem-26247	12	6	is	be	AUX
fbem-26247	12	7	in	in	ADP
fbem-26247	12	8	its	its	PRON
fbem-26247	12	9	infancy	infancy	NOUN
fbem-26247	12	10	,	,	PUNCT
fbem-26247	12	11	and	and	CCONJ
fbem-26247	12	12	stock	stock	NOUN
fbem-26247	12	13	price	price	NOUN
fbem-26247	12	14	synchronization	synchronization	NOUN
fbem-26247	12	15	is	be	AUX
fbem-26247	12	16	at	at	ADP
fbem-26247	12	17	a	a	DET
fbem-26247	12	18	high	high	ADJ
fbem-26247	12	19	level	level	NOUN
fbem-26247	12	20	in	in	ADP
fbem-26247	12	21	the	the	DET
fbem-26247	12	22	world	world	NOUN
fbem-26247	12	23	ranking	ranking	NOUN
fbem-26247	12	24	,	,	PUNCT
fbem-26247	12	25	which	which	PRON
fbem-26247	12	26	not	not	PART
fbem-26247	12	27	only	only	ADV
fbem-26247	12	28	reduces	reduce	VERB
fbem-26247	12	29	the	the	DET
fbem-26247	12	30	operational	operational	ADJ
fbem-26247	12	31	efficiency	efficiency	NOUN
fbem-26247	12	32	of	of	ADP
fbem-26247	12	33	the	the	DET
fbem-26247	12	34	capital	capital	NOUN
fbem-26247	12	35	market	market	NOUN
fbem-26247	12	36	,	,	PUNCT
fbem-26247	12	37	but	but	CCONJ
fbem-26247	12	38	also	also	ADV
fbem-26247	12	39	negatively	negatively	ADV
fbem-26247	12	40	affects	affect	VERB
fbem-26247	12	41	the	the	DET
fbem-26247	12	42	business	business	NOUN
fbem-26247	12	43	behaviors	behavior	NOUN
fbem-26247	12	44	of	of	ADP
fbem-26247	12	45	enterprises	enterprise	NOUN
fbem-26247	12	46	,	,	PUNCT
fbem-26247	12	47	such	such	ADJ
fbem-26247	12	48	as	as	ADP
fbem-26247	12	49	investment	investment	NOUN
fbem-26247	12	50	and	and	CCONJ
fbem-26247	12	51	executive	executive	ADJ
fbem-26247	12	52	appointments	appointment	NOUN
fbem-26247	12	53	and	and	CCONJ
fbem-26247	12	54	removals	removal	NOUN
fbem-26247	12	55	.	.	PUNCT
fbem-26247	13	1	based	base	VERB
fbem-26247	13	2	on	on	ADP
fbem-26247	13	3	this	this	PRON
fbem-26247	13	4	,	,	PUNCT
fbem-26247	13	5	the	the	DET
fbem-26247	13	6	study	study	NOUN
fbem-26247	13	7	of	of	ADP
fbem-26247	13	8	issues	issue	NOUN
fbem-26247	13	9	related	relate	VERB
fbem-26247	13	10	to	to	ADP
fbem-26247	13	11	stock	stock	NOUN
fbem-26247	13	12	price	price	NOUN
fbem-26247	13	13	synchronization	synchronization	NOUN
fbem-26247	13	14	in	in	ADP
fbem-26247	13	15	the	the	DET
fbem-26247	13	16	chinese	chinese	ADJ
fbem-26247	13	17	market	market	NOUN
fbem-26247	13	18	will	will	AUX
fbem-26247	13	19	help	help	VERB
fbem-26247	13	20	china	china	PROPN
fbem-26247	13	21	to	to	PART
fbem-26247	13	22	establish	establish	VERB
fbem-26247	13	23	a	a	DET
fbem-26247	13	24	more	more	ADV
fbem-26247	13	25	perfect	perfect	ADJ
fbem-26247	13	26	capital	capital	NOUN
fbem-26247	13	27	market	market	NOUN
fbem-26247	13	28	,	,	PUNCT
fbem-26247	13	29	so	so	SCONJ
fbem-26247	13	30	that	that	SCONJ
fbem-26247	13	31	finance	finance	NOUN
fbem-26247	13	32	can	can	AUX
fbem-26247	13	33	effectively	effectively	ADV
fbem-26247	13	34	serve	serve	VERB
fbem-26247	13	35	the	the	DET
fbem-26247	13	36	real	real	ADJ
fbem-26247	13	37	economy	economy	NOUN
fbem-26247	13	38	of	of	ADP
fbem-26247	13	39	china	china	PROPN
fbem-26247	13	40	.	.	PUNCT
fbem-26247	14	1	how	how	SCONJ
fbem-26247	14	2	to	to	PART
fbem-26247	14	3	reduce	reduce	VERB
fbem-26247	14	4	stock	stock	NOUN
fbem-26247	14	5	price	price	NOUN
fbem-26247	14	6	synchronization	synchronization	NOUN
fbem-26247	14	7	so	so	SCONJ
fbem-26247	14	8	that	that	SCONJ
fbem-26247	14	9	the	the	DET
fbem-26247	14	10	stock	stock	NOUN
fbem-26247	14	11	price	price	NOUN
fbem-26247	14	12	contains	contain	VERB
fbem-26247	14	13	more	more	ADJ
fbem-26247	14	14	information	information	NOUN
fbem-26247	14	15	about	about	ADP
fbem-26247	14	16	the	the	DET
fbem-26247	14	17	characteristics	characteristic	NOUN
fbem-26247	14	18	of	of	ADP
fbem-26247	14	19	the	the	DET
fbem-26247	14	20	company	company	NOUN
fbem-26247	14	21	is	be	AUX
fbem-26247	14	22	an	an	DET
fbem-26247	14	23	urgent	urgent	ADJ
fbem-26247	14	24	problem	problem	NOUN
fbem-26247	14	25	to	to	PART
fbem-26247	14	26	be	be	AUX
fbem-26247	14	27	solved	solve	VERB
fbem-26247	14	28	in	in	ADP
fbem-26247	14	29	the	the	DET
fbem-26247	14	30	process	process	NOUN
fbem-26247	14	31	of	of	ADP
fbem-26247	14	32	establishing	establish	VERB
fbem-26247	14	33	a	a	DET
fbem-26247	14	34	sound	sound	ADJ
fbem-26247	14	35	capital	capital	NOUN
fbem-26247	14	36	market	market	NOUN
fbem-26247	14	37	in	in	ADP
fbem-26247	14	38	china	china	PROPN
fbem-26247	14	39	.	.	PUNCT
fbem-26247	15	1	as	as	ADP
fbem-26247	15	2	for	for	ADP
fbem-26247	15	3	the	the	DET
fbem-26247	15	4	causes	cause	NOUN
fbem-26247	15	5	of	of	ADP
fbem-26247	15	6	stock	stock	NOUN
fbem-26247	15	7	price	price	NOUN
fbem-26247	15	8	synchronization	synchronization	NOUN
fbem-26247	15	9	,	,	PUNCT
fbem-26247	15	10	there	there	PRON
fbem-26247	15	11	are	be	VERB
fbem-26247	15	12	two	two	NUM
fbem-26247	15	13	main	main	ADJ
fbem-26247	15	14	views	view	NOUN
fbem-26247	15	15	in	in	ADP
fbem-26247	15	16	the	the	DET
fbem-26247	15	17	domestic	domestic	ADJ
fbem-26247	15	18	and	and	CCONJ
fbem-26247	15	19	international	international	ADJ
fbem-26247	15	20	research	research	NOUN
fbem-26247	15	21	field	field	NOUN
fbem-26247	15	22	:	:	PUNCT
fbem-26247	15	23	the	the	DET
fbem-26247	15	24	“	"	PUNCT
fbem-26247	15	25	information	information	NOUN
fbem-26247	15	26	efficiency	efficiency	NOUN
fbem-26247	15	27	view	view	NOUN
fbem-26247	15	28	”	"	PUNCT
fbem-26247	15	29	and	and	CCONJ
fbem-26247	15	30	the	the	DET
fbem-26247	15	31	“	"	PUNCT
fbem-26247	15	32	irrational	irrational	ADJ
fbem-26247	15	33	behavior	behavior	NOUN
fbem-26247	15	34	view	view	NOUN
fbem-26247	15	35	”	"	PUNCT
fbem-26247	15	36	.	.	PUNCT
fbem-26247	16	1	the	the	DET
fbem-26247	16	2	“	"	PUNCT
fbem-26247	16	3	information	information	NOUN
fbem-26247	16	4	efficiency	efficiency	NOUN
fbem-26247	16	5	school	school	NOUN
fbem-26247	16	6	”	"	PUNCT
fbem-26247	16	7	,	,	PUNCT
fbem-26247	16	8	represented	represent	VERB
fbem-26247	16	9	by	by	ADP
fbem-26247	16	10	roll	roll	NOUN
fbem-26247	16	11	,	,	PUNCT
fbem-26247	16	12	argues	argue	VERB
fbem-26247	16	13	that	that	SCONJ
fbem-26247	16	14	more	more	ADJ
fbem-26247	16	15	firm	firm	ADJ
fbem-26247	16	16	-	-	PUNCT
fbem-26247	16	17	specific	specific	ADJ
fbem-26247	16	18	information	information	NOUN
fbem-26247	16	19	will	will	AUX
fbem-26247	16	20	be	be	AUX
fbem-26247	16	21	integrated	integrate	VERB
fbem-26247	16	22	into	into	ADP
fbem-26247	16	23	the	the	DET
fbem-26247	16	24	stock	stock	NOUN
fbem-26247	16	25	price	price	NOUN
fbem-26247	16	26	in	in	ADP
fbem-26247	16	27	a	a	DET
fbem-26247	16	28	better	well	ADJ
fbem-26247	16	29	disclosure	disclosure	NOUN
fbem-26247	16	30	environment	environment	NOUN
fbem-26247	16	31	and	and	CCONJ
fbem-26247	16	32	quality	quality	NOUN
fbem-26247	16	33	,	,	PUNCT
fbem-26247	16	34	resulting	result	VERB
fbem-26247	16	35	in	in	ADP
fbem-26247	16	36	lower	low	ADJ
fbem-26247	16	37	stock	stock	NOUN
fbem-26247	16	38	price	price	NOUN
fbem-26247	16	39	synchronization	synchronization	NOUN
fbem-26247	16	40	,	,	PUNCT
fbem-26247	16	41	and	and	CCONJ
fbem-26247	16	42	kim	kim	PROPN
fbem-26247	16	43	and	and	CCONJ
fbem-26247	16	44	shi	shi	PROPN
fbem-26247	16	45	(	(	PUNCT
fbem-26247	16	46	2009	2009	NUM
fbem-26247	16	47	)	)	PUNCT
fbem-26247	16	48	find	find	VERB
fbem-26247	16	49	that	that	SCONJ
fbem-26247	16	50	stock	stock	NOUN
fbem-26247	16	51	price	price	NOUN
fbem-26247	16	52	synchronization	synchronization	NOUN
fbem-26247	16	53	is	be	AUX
fbem-26247	16	54	higher	high	ADJ
fbem-26247	16	55	in	in	ADP
fbem-26247	16	56	emerging	emerge	VERB
fbem-26247	16	57	markets	market	NOUN
fbem-26247	16	58	than	than	ADP
fbem-26247	16	59	in	in	ADP
fbem-26247	16	60	mature	mature	ADJ
fbem-26247	16	61	capital	capital	NOUN
fbem-26247	16	62	markets	market	NOUN
fbem-26247	16	63	.	.	PUNCT
fbem-26247	17	1	2022	2022	NUM
fbem-26247	17	2	)	)	PUNCT
fbem-26247	17	3	found	find	VERB
fbem-26247	17	4	that	that	SCONJ
fbem-26247	17	5	environmental	environmental	ADJ
fbem-26247	17	6	information	information	NOUN
fbem-26247	17	7	disclosure	disclosure	NOUN
fbem-26247	17	8	,	,	PUNCT
fbem-26247	17	9	as	as	ADP
fbem-26247	17	10	a	a	DET
fbem-26247	17	11	new	new	ADJ
fbem-26247	17	12	corporate	corporate	ADJ
fbem-26247	17	13	management	management	NOUN
fbem-26247	17	14	tool	tool	NOUN
fbem-26247	17	15	,	,	PUNCT
fbem-26247	17	16	has	have	AUX
fbem-26247	17	17	become	become	VERB
fbem-26247	17	18	an	an	DET
fbem-26247	17	19	important	important	ADJ
fbem-26247	17	20	way	way	NOUN
fbem-26247	17	21	for	for	SCONJ
fbem-26247	17	22	companies	company	NOUN
fbem-26247	17	23	to	to	PART
fbem-26247	17	24	disclose	disclose	VERB
fbem-26247	17	25	their	their	PRON
fbem-26247	17	26	environmental	environmental	ADJ
fbem-26247	17	27	performance	performance	NOUN
fbem-26247	17	28	and	and	CCONJ
fbem-26247	17	29	fulfill	fulfill	VERB
fbem-26247	17	30	their	their	PRON
fbem-26247	17	31	environmental	environmental	ADJ
fbem-26247	17	32	responsibilities	responsibility	NOUN
fbem-26247	17	33	,	,	PUNCT
fbem-26247	17	34	which	which	PRON
fbem-26247	17	35	is	be	AUX
fbem-26247	17	36	conducive	conducive	ADJ
fbem-26247	17	37	to	to	ADP
fbem-26247	17	38	reducing	reduce	VERB
fbem-26247	17	39	stock	stock	NOUN
fbem-26247	17	40	price	price	NOUN
fbem-26247	17	41	synchronization	synchronization	NOUN
fbem-26247	17	42	.	.	PUNCT
fbem-26247	18	1	in	in	ADP
fbem-26247	18	2	addition	addition	NOUN
fbem-26247	18	3	,	,	PUNCT
fbem-26247	18	4	new	new	ADJ
fbem-26247	18	5	audit	audit	NOUN
fbem-26247	18	6	reports	report	VERB
fbem-26247	18	7	(	(	PUNCT
fbem-26247	18	8	wang	wang	PROPN
fbem-26247	18	9	and	and	CCONJ
fbem-26247	18	10	li	li	PROPN
fbem-26247	18	11	,	,	PUNCT
fbem-26247	18	12	2019	2019	NUM
fbem-26247	18	13	)	)	PUNCT
fbem-26247	18	14	,	,	PUNCT
fbem-26247	18	15	managerial	managerial	ADJ
fbem-26247	18	16	competence	competence	NOUN
fbem-26247	18	17	(	(	PUNCT
fbem-26247	18	18	gan	gan	NOUN
fbem-26247	18	19	and	and	CCONJ
fbem-26247	18	20	hu	hu	PROPN
fbem-26247	18	21	,	,	PUNCT
fbem-26247	18	22	2023	2023	NUM
fbem-26247	18	23	)	)	PUNCT
fbem-26247	18	24	,	,	PUNCT
fbem-26247	18	25	and	and	CCONJ
fbem-26247	18	26	inquiry	inquiry	NOUN
fbem-26247	18	27	letter	letter	NOUN
fbem-26247	18	28	regulation	regulation	NOUN
fbem-26247	18	29	(	(	PUNCT
fbem-26247	18	30	luo	luo	PROPN
fbem-26247	18	31	et	et	PROPN
fbem-26247	18	32	al	al	PROPN
fbem-26247	18	33	.	.	PROPN
fbem-26247	18	34	,	,	PUNCT
fbem-26247	18	35	2023	2023	NUM
fbem-26247	18	36	)	)	PUNCT
fbem-26247	18	37	integrate	integrate	VERB
fbem-26247	18	38	more	more	ADV
fbem-26247	18	39	firm	firm	ADJ
fbem-26247	18	40	-	-	PUNCT
fbem-26247	18	41	specific	specific	ADJ
fbem-26247	18	42	information	information	NOUN
fbem-26247	18	43	into	into	ADP
fbem-26247	18	44	the	the	DET
fbem-26247	18	45	stock	stock	NOUN
fbem-26247	18	46	price	price	NOUN
fbem-26247	18	47	and	and	CCONJ
fbem-26247	18	48	reduce	reduce	VERB
fbem-26247	18	49	stock	stock	NOUN
fbem-26247	18	50	price	price	NOUN
fbem-26247	18	51	synchronization	synchronization	NOUN
fbem-26247	18	52	.	.	PUNCT
fbem-26247	19	1	the	the	DET
fbem-26247	19	2	irrational	irrational	ADJ
fbem-26247	19	3	behavior	behavior	NOUN
fbem-26247	19	4	school	school	NOUN
fbem-26247	19	5	,	,	PUNCT
fbem-26247	19	6	represented	represent	VERB
fbem-26247	19	7	by	by	ADP
fbem-26247	19	8	west	west	PROPN
fbem-26247	19	9	,	,	PUNCT
fbem-26247	19	10	argues	argue	VERB
fbem-26247	19	11	that	that	SCONJ
fbem-26247	19	12	more	more	ADJ
fbem-26247	19	13	noise	noise	NOUN
fbem-26247	19	14	is	be	AUX
fbem-26247	19	15	incorporated	incorporate	VERB
fbem-26247	19	16	into	into	ADP
fbem-26247	19	17	the	the	DET
fbem-26247	19	18	stock	stock	NOUN
fbem-26247	19	19	price	price	NOUN
fbem-26247	19	20	in	in	ADP
fbem-26247	19	21	a	a	DET
fbem-26247	19	22	poorer	poor	ADJ
fbem-26247	19	23	disclosure	disclosure	NOUN
fbem-26247	19	24	environment	environment	NOUN
fbem-26247	19	25	and	and	CCONJ
fbem-26247	19	26	quality	quality	NOUN
fbem-26247	19	27	,	,	PUNCT
fbem-26247	19	28	which	which	PRON
fbem-26247	19	29	reduces	reduce	VERB
fbem-26247	19	30	stock	stock	NOUN
fbem-26247	19	31	price	price	NOUN
fbem-26247	19	32	synchronization	synchronization	NOUN
fbem-26247	19	33	.	.	PUNCT
fbem-26247	20	1	xu	xu	PROPN
fbem-26247	20	2	(	(	PUNCT
fbem-26247	20	3	2011	2011	NUM
fbem-26247	20	4	)	)	PUNCT
fbem-26247	20	5	suggests	suggest	VERB
fbem-26247	20	6	that	that	SCONJ
fbem-26247	20	7	in	in	ADP
fbem-26247	20	8	a	a	DET
fbem-26247	20	9	market	market	NOUN
fbem-26247	20	10	where	where	SCONJ
fbem-26247	20	11	investors	investor	NOUN
fbem-26247	20	12	have	have	VERB
fbem-26247	20	13	irrational	irrational	ADJ
fbem-26247	20	14	behaviors	behavior	NOUN
fbem-26247	20	15	such	such	ADJ
fbem-26247	20	16	as	as	ADP
fbem-26247	20	17	panic	panic	NOUN
fbem-26247	20	18	and	and	CCONJ
fbem-26247	20	19	frenzy	frenzy	NOUN
fbem-26247	20	20	and	and	CCONJ
fbem-26247	20	21	follow	follow	VERB
fbem-26247	20	22	the	the	DET
fbem-26247	20	23	herd	herd	NOUN
fbem-26247	20	24	or	or	CCONJ
fbem-26247	20	25	chase	chase	VERB
fbem-26247	20	26	the	the	DET
fbem-26247	20	27	bulls	bull	NOUN
fbem-26247	20	28	,	,	PUNCT
fbem-26247	20	29	and	and	CCONJ
fbem-26247	20	30	where	where	SCONJ
fbem-26247	20	31	returns	return	NOUN
fbem-26247	20	32	are	be	AUX
fbem-26247	20	33	full	full	ADJ
fbem-26247	20	34	of	of	ADP
fbem-26247	20	35	bubbles	bubble	NOUN
fbem-26247	20	36	and	and	CCONJ
fbem-26247	20	37	noise	noise	NOUN
fbem-26247	20	38	,	,	PUNCT
fbem-26247	20	39	stock	stock	NOUN
fbem-26247	20	40	price	price	NOUN
fbem-26247	20	41	synchronization	synchronization	NOUN
fbem-26247	20	42	will	will	AUX
fbem-26247	20	43	be	be	AUX
fbem-26247	20	44	reduced	reduce	VERB
fbem-26247	20	45	.	.	PUNCT
fbem-26247	21	1	xu	xu	PROPN
fbem-26247	21	2	(	(	PUNCT
fbem-26247	21	3	2011	2011	NUM
fbem-26247	21	4	)	)	PUNCT
fbem-26247	21	5	suggests	suggest	VERB
fbem-26247	21	6	that	that	SCONJ
fbem-26247	21	7	in	in	ADP
fbem-26247	21	8	a	a	DET
fbem-26247	21	9	market	market	NOUN
fbem-26247	21	10	where	where	SCONJ
fbem-26247	21	11	investors	investor	NOUN
fbem-26247	21	12	have	have	VERB
fbem-26247	21	13	irrational	irrational	ADJ
fbem-26247	21	14	behaviors	behavior	NOUN
fbem-26247	21	15	such	such	ADJ
fbem-26247	21	16	as	as	ADP
fbem-26247	21	17	panic	panic	NOUN
fbem-26247	21	18	and	and	CCONJ
fbem-26247	21	19	frenzy	frenzy	NOUN
fbem-26247	21	20	and	and	CCONJ
fbem-26247	21	21	follow	follow	VERB
fbem-26247	21	22	the	the	DET
fbem-26247	21	23	herd	herd	NOUN
fbem-26247	21	24	or	or	CCONJ
fbem-26247	21	25	rush	rush	NOUN
fbem-26247	21	26	to	to	ADP
fbem-26247	21	27	the	the	DET
fbem-26247	21	28	market	market	NOUN
fbem-26247	21	29	,	,	PUNCT
fbem-26247	21	30	and	and	CCONJ
fbem-26247	21	31	where	where	SCONJ
fbem-26247	21	32	returns	return	NOUN
fbem-26247	21	33	are	be	AUX
fbem-26247	21	34	full	full	ADJ
fbem-26247	21	35	of	of	ADP
fbem-26247	21	36	bubbles	bubble	NOUN
fbem-26247	21	37	and	and	CCONJ
fbem-26247	21	38	noise	noise	NOUN
fbem-26247	21	39	,	,	PUNCT
fbem-26247	21	40	stock	stock	NOUN
fbem-26247	21	41	price	price	NOUN
fbem-26247	21	42	synchronization	synchronization	NOUN
fbem-26247	21	43	is	be	AUX
fbem-26247	21	44	low	low	ADJ
fbem-26247	21	45	,	,	PUNCT
fbem-26247	21	46	revealing	reveal	VERB
fbem-26247	21	47	the	the	DET
fbem-26247	21	48	core	core	NOUN
fbem-26247	21	49	of	of	ADP
fbem-26247	21	50	the	the	DET
fbem-26247	21	51	“	"	PUNCT
fbem-26247	21	52	irrational	irrational	ADJ
fbem-26247	21	53	behavior	behavior	NOUN
fbem-26247	21	54	view	view	NOUN
fbem-26247	21	55	”	"	PUNCT
fbem-26247	21	56	.	.	PUNCT
fbem-26247	22	1	in	in	ADP
fbem-26247	22	2	recent	recent	ADJ
fbem-26247	22	3	years	year	NOUN
fbem-26247	22	4	,	,	PUNCT
fbem-26247	22	5	some	some	DET
fbem-26247	22	6	scholars	scholar	NOUN
fbem-26247	22	7	have	have	AUX
fbem-26247	22	8	found	find	VERB
fbem-26247	22	9	that	that	SCONJ
fbem-26247	22	10	the	the	DET
fbem-26247	22	11	greener	green	ADJ
fbem-26247	22	12	innovation	innovation	NOUN
fbem-26247	22	13	(	(	PUNCT
fbem-26247	22	14	xin	xin	PROPN
fbem-26247	22	15	et	et	PROPN
fbem-26247	22	16	al	al	PROPN
fbem-26247	22	17	.	.	PROPN
fbem-26247	22	18	,	,	PUNCT
fbem-26247	22	19	2022	2022	NUM
fbem-26247	22	20	)	)	PUNCT
fbem-26247	22	21	and	and	CCONJ
fbem-26247	22	22	esg	esg	NOUN
fbem-26247	22	23	performance	performance	NOUN
fbem-26247	22	24	(	(	PUNCT
fbem-26247	22	25	hu	hu	PROPN
fbem-26247	22	26	et	et	PROPN
fbem-26247	22	27	al	al	PROPN
fbem-26247	22	28	.	.	PROPN
fbem-26247	22	29	,	,	PUNCT
fbem-26247	22	30	2023	2023	NUM
fbem-26247	22	31	)	)	PUNCT
fbem-26247	22	32	,	,	PUNCT
fbem-26247	22	33	the	the	DET
fbem-26247	22	34	less	less	ADJ
fbem-26247	22	35	noise	noise	NOUN
fbem-26247	22	36	in	in	ADP
fbem-26247	22	37	the	the	DET
fbem-26247	22	38	stock	stock	NOUN
fbem-26247	22	39	price	price	NOUN
fbem-26247	22	40	information	information	NOUN
fbem-26247	22	41	,	,	PUNCT
fbem-26247	22	42	and	and	CCONJ
fbem-26247	22	43	the	the	PRON
fbem-26247	22	44	higher	high	ADJ
fbem-26247	22	45	the	the	DET
fbem-26247	22	46	stock	stock	NOUN
fbem-26247	22	47	price	price	NOUN
fbem-26247	22	48	synchronization	synchronization	NOUN
fbem-26247	22	49	.	.	PUNCT
fbem-26247	23	1	however	however	ADV
fbem-26247	23	2	,	,	PUNCT
fbem-26247	23	3	with	with	ADP
fbem-26247	23	4	the	the	DET
fbem-26247	23	5	gradual	gradual	ADJ
fbem-26247	23	6	improvement	improvement	NOUN
fbem-26247	23	7	of	of	ADP
fbem-26247	23	8	china	china	PROPN
fbem-26247	23	9	's	's	PART
fbem-26247	23	10	institutional	institutional	ADJ
fbem-26247	23	11	environment	environment	NOUN
fbem-26247	23	12	in	in	ADP
fbem-26247	23	13	recent	recent	ADJ
fbem-26247	23	14	years	year	NOUN
fbem-26247	23	15	(	(	PUNCT
fbem-26247	23	16	tang	tang	X
fbem-26247	23	17	et	et	PROPN
fbem-26247	23	18	al	al	PROPN
fbem-26247	23	19	.	.	PROPN
fbem-26247	23	20	,	,	PUNCT
fbem-26247	23	21	2020	2020	NUM
fbem-26247	23	22	)	)	PUNCT
fbem-26247	23	23	and	and	CCONJ
fbem-26247	23	24	more	more	ADV
fbem-26247	23	25	frequent	frequent	ADJ
fbem-26247	23	26	investor	investor	NOUN
fbem-26247	23	27	research	research	NOUN
fbem-26247	23	28	activities	activity	NOUN
fbem-26247	23	29	(	(	PUNCT
fbem-26247	23	30	jiang	jiang	PROPN
fbem-26247	23	31	and	and	CCONJ
fbem-26247	23	32	yuan	yuan	PROPN
fbem-26247	23	33	,	,	PUNCT
fbem-26247	23	34	2018	2018	NUM
fbem-26247	23	35	)	)	PUNCT
fbem-26247	23	36	,	,	PUNCT
fbem-26247	23	37	the	the	DET
fbem-26247	23	38	“	"	PUNCT
fbem-26247	23	39	irrational	irrational	ADJ
fbem-26247	23	40	behavior	behavior	NOUN
fbem-26247	23	41	”	"	PUNCT
fbem-26247	23	42	of	of	ADP
fbem-26247	23	43	investors	investor	NOUN
fbem-26247	23	44	in	in	ADP
fbem-26247	23	45	china	china	PROPN
fbem-26247	23	46	's	's	PART
fbem-26247	23	47	securities	security	NOUN
fbem-26247	23	48	market	market	NOUN
fbem-26247	23	49	has	have	AUX
fbem-26247	23	50	gradually	gradually	ADV
fbem-26247	23	51	decreased	decrease	VERB
fbem-26247	23	52	,	,	PUNCT
fbem-26247	23	53	and	and	CCONJ
fbem-26247	23	54	investors	investor	NOUN
fbem-26247	23	55	have	have	AUX
fbem-26247	23	56	been	be	AUX
fbem-26247	23	57	able	able	ADJ
fbem-26247	23	58	to	to	PART
fbem-26247	23	59	effectively	effectively	ADV
fbem-26247	23	60	identify	identify	VERB
fbem-26247	23	61	different	different	ADJ
fbem-26247	23	62	types	type	NOUN
fbem-26247	23	63	of	of	ADP
fbem-26247	23	64	information	information	NOUN
fbem-26247	23	65	in	in	ADP
fbem-26247	23	66	the	the	DET
fbem-26247	23	67	securities	security	NOUN
fbem-26247	23	68	market	market	NOUN
fbem-26247	23	69	.	.	PUNCT
fbem-26247	24	1	investors	investor	NOUN
fbem-26247	24	2	are	be	AUX
fbem-26247	24	3	able	able	ADJ
fbem-26247	24	4	to	to	PART
fbem-26247	24	5	effectively	effectively	ADV
fbem-26247	24	6	recognize	recognize	VERB
fbem-26247	24	7	different	different	ADJ
fbem-26247	24	8	types	type	NOUN
fbem-26247	24	9	of	of	ADP
fbem-26247	24	10	stock	stock	NOUN
fbem-26247	24	11	market	market	NOUN
fbem-26247	24	12	information	information	NOUN
fbem-26247	24	13	,	,	PUNCT
fbem-26247	24	14	and	and	CCONJ
fbem-26247	24	15	the	the	DET
fbem-26247	24	16	“	"	PUNCT
fbem-26247	24	17	noise	noise	NOUN
fbem-26247	24	18	”	"	PUNCT
fbem-26247	24	19	in	in	ADP
fbem-26247	24	20	stock	stock	NOUN
fbem-26247	24	21	price	price	NOUN
fbem-26247	24	22	information	information	NOUN
fbem-26247	24	23	is	be	AUX
fbem-26247	24	24	significantly	significantly	ADV
fbem-26247	24	25	reduced	reduce	VERB
fbem-26247	24	26	and	and	CCONJ
fbem-26247	24	27	the	the	DET
fbem-26247	24	28	content	content	NOUN
fbem-26247	24	29	of	of	ADP
fbem-26247	24	30	stock	stock	NOUN
fbem-26247	24	31	price	price	NOUN
fbem-26247	24	32	information	information	NOUN
fbem-26247	24	33	is	be	AUX
fbem-26247	24	34	gradually	gradually	ADV
fbem-26247	24	35	improved	improve	VERB
fbem-26247	24	36	.	.	PUNCT
fbem-26247	25	1	therefore	therefore	ADV
fbem-26247	25	2	,	,	PUNCT
fbem-26247	25	3	the	the	DET
fbem-26247	25	4	study	study	NOUN
fbem-26247	25	5	of	of	ADP
fbem-26247	25	6	“	"	PUNCT
fbem-26247	25	7	irrational	irrational	ADJ
fbem-26247	25	8	behavior	behavior	NOUN
fbem-26247	25	9	”	"	PUNCT
fbem-26247	25	10	on	on	ADP
fbem-26247	25	11	the	the	DET
fbem-26247	25	12	synchronization	synchronization	NOUN
fbem-26247	25	13	of	of	ADP
fbem-26247	25	14	stock	stock	NOUN
fbem-26247	25	15	prices	price	NOUN
fbem-26247	25	16	in	in	ADP
fbem-26247	25	17	the	the	DET
fbem-26247	25	18	chinese	chinese	ADJ
fbem-26247	25	19	stock	stock	NOUN
fbem-26247	25	20	market	market	NOUN
fbem-26247	25	21	at	at	ADP
fbem-26247	25	22	this	this	DET
fbem-26247	25	23	stage	stage	NOUN
fbem-26247	25	24	is	be	AUX
fbem-26247	25	25	worth	worth	ADJ
fbem-26247	25	26	discussing	discuss	VERB
fbem-26247	25	27	.	.	PUNCT
fbem-26247	26	1	despite	despite	SCONJ
fbem-26247	26	2	some	some	DET
fbem-26247	26	3	controversies	controversy	NOUN
fbem-26247	26	4	,	,	PUNCT
fbem-26247	26	5	the	the	DET
fbem-26247	26	6	“	"	PUNCT
fbem-26247	26	7	information	information	NOUN
fbem-26247	26	8	efficiency	efficiency	NOUN
fbem-26247	26	9	view	view	NOUN
fbem-26247	26	10	”	"	PUNCT
fbem-26247	26	11	is	be	AUX
fbem-26247	26	12	more	more	ADV
fbem-26247	26	13	accepted	accept	VERB
fbem-26247	26	14	in	in	ADP
fbem-26247	26	15	the	the	DET
fbem-26247	26	16	current	current	ADJ
fbem-26247	26	17	research	research	NOUN
fbem-26247	26	18	in	in	ADP
fbem-26247	26	19	the	the	DET
fbem-26247	26	20	field	field	NOUN
fbem-26247	26	21	of	of	ADP
fbem-26247	26	22	stock	stock	NOUN
fbem-26247	26	23	price	price	NOUN
fbem-26247	26	24	synchronization	synchronization	NOUN
fbem-26247	26	25	(	(	PUNCT
fbem-26247	26	26	chen	chen	PROPN
fbem-26247	26	27	and	and	CCONJ
fbem-26247	26	28	yao	yao	PROPN
fbem-26247	26	29	,	,	PUNCT
fbem-26247	26	30	2018	2018	NUM
fbem-26247	26	31	)	)	PUNCT
fbem-26247	26	32	.	.	PUNCT
fbem-26247	27	1	therefore	therefore	ADV
fbem-26247	27	2	,	,	PUNCT
fbem-26247	27	3	this	this	DET
fbem-26247	27	4	project	project	NOUN
fbem-26247	27	5	is	be	AUX
fbem-26247	27	6	based	base	VERB
fbem-26247	27	7	on	on	ADP
fbem-26247	27	8	the	the	DET
fbem-26247	27	9	“	"	PUNCT
fbem-26247	27	10	information	information	NOUN
fbem-26247	27	11	efficiency	efficiency	NOUN
fbem-26247	27	12	view	view	NOUN
fbem-26247	27	13	”	"	PUNCT
fbem-26247	27	14	to	to	PART
fbem-26247	27	15	study	study	VERB
fbem-26247	27	16	stock	stock	NOUN
fbem-26247	27	17	price	price	NOUN
fbem-26247	27	18	synchronization	synchronization	NOUN
fbem-26247	27	19	.	.	PUNCT
fbem-26247	28	1	in	in	ADP
fbem-26247	28	2	recent	recent	ADJ
fbem-26247	28	3	years	year	NOUN
fbem-26247	28	4	,	,	PUNCT
fbem-26247	28	5	the	the	DET
fbem-26247	28	6	rise	rise	NOUN
fbem-26247	28	7	of	of	ADP
fbem-26247	28	8	cultural	cultural	ADJ
fbem-26247	28	9	studies	study	NOUN
fbem-26247	28	10	in	in	ADP
fbem-26247	28	11	the	the	DET
fbem-26247	28	12	field	field	NOUN
fbem-26247	28	13	of	of	ADP
fbem-26247	28	14	213	213	NUM
fbem-26247	28	15	finance	finance	NOUN
fbem-26247	28	16	and	and	CCONJ
fbem-26247	28	17	economy	economy	NOUN
fbem-26247	28	18	has	have	AUX
fbem-26247	28	19	been	be	AUX
fbem-26247	28	20	quite	quite	ADV
fbem-26247	28	21	rapid	rapid	ADJ
fbem-26247	28	22	,	,	PUNCT
fbem-26247	28	23	and	and	CCONJ
fbem-26247	28	24	this	this	DET
fbem-26247	28	25	trend	trend	NOUN
fbem-26247	28	26	has	have	AUX
fbem-26247	28	27	prompted	prompt	VERB
fbem-26247	28	28	people	people	NOUN
fbem-26247	28	29	to	to	PART
fbem-26247	28	30	gradually	gradually	ADV
fbem-26247	28	31	turn	turn	VERB
fbem-26247	28	32	their	their	PRON
fbem-26247	28	33	attention	attention	NOUN
fbem-26247	28	34	to	to	ADP
fbem-26247	28	35	the	the	DET
fbem-26247	28	36	perspective	perspective	NOUN
fbem-26247	28	37	of	of	ADP
fbem-26247	28	38	informal	informal	ADJ
fbem-26247	28	39	institutions	institution	NOUN
fbem-26247	28	40	,	,	PUNCT
fbem-26247	28	41	and	and	CCONJ
fbem-26247	28	42	explore	explore	VERB
fbem-26247	28	43	in	in	ADP
fbem-26247	28	44	depth	depth	NOUN
fbem-26247	28	45	the	the	DET
fbem-26247	28	46	far	far	ADV
fbem-26247	28	47	-	-	PUNCT
fbem-26247	28	48	reaching	reach	VERB
fbem-26247	28	49	impact	impact	NOUN
fbem-26247	28	50	of	of	ADP
fbem-26247	28	51	confucian	confucian	ADJ
fbem-26247	28	52	culture	culture	NOUN
fbem-26247	28	53	in	in	ADP
fbem-26247	28	54	the	the	DET
fbem-26247	28	55	economic	economic	ADJ
fbem-26247	28	56	field	field	NOUN
fbem-26247	28	57	,	,	PUNCT
fbem-26247	28	58	especially	especially	ADV
fbem-26247	28	59	how	how	SCONJ
fbem-26247	28	60	it	it	PRON
fbem-26247	28	61	subtly	subtly	ADV
fbem-26247	28	62	plays	play	VERB
fbem-26247	28	63	a	a	DET
fbem-26247	28	64	role	role	NOUN
fbem-26247	28	65	in	in	ADP
fbem-26247	28	66	the	the	DET
fbem-26247	28	67	behavioral	behavioral	ADJ
fbem-26247	28	68	decision	decision	NOUN
fbem-26247	28	69	-	-	PUNCT
fbem-26247	28	70	making	make	VERB
fbem-26247	28	71	level	level	NOUN
fbem-26247	28	72	of	of	ADP
fbem-26247	28	73	micro	micro	NOUN
fbem-26247	28	74	-	-	NOUN
fbem-26247	28	75	enterprises	enterprise	NOUN
fbem-26247	28	76	.	.	PUNCT
fbem-26247	29	1	unlike	unlike	ADP
fbem-26247	29	2	the	the	DET
fbem-26247	29	3	previous	previous	ADJ
fbem-26247	29	4	approach	approach	NOUN
fbem-26247	29	5	that	that	PRON
fbem-26247	29	6	was	be	AUX
fbem-26247	29	7	limited	limit	VERB
fbem-26247	29	8	to	to	ADP
fbem-26247	29	9	the	the	DET
fbem-26247	29	10	purely	purely	ADV
fbem-26247	29	11	theoretical	theoretical	ADJ
fbem-26247	29	12	level	level	NOUN
fbem-26247	29	13	of	of	ADP
fbem-26247	29	14	exploration	exploration	NOUN
fbem-26247	29	15	,	,	PUNCT
fbem-26247	29	16	in	in	ADP
fbem-26247	29	17	recent	recent	ADJ
fbem-26247	29	18	years	year	NOUN
fbem-26247	29	19	,	,	PUNCT
fbem-26247	29	20	the	the	DET
fbem-26247	29	21	focus	focus	NOUN
fbem-26247	29	22	of	of	ADP
fbem-26247	29	23	the	the	DET
fbem-26247	29	24	academic	academic	ADJ
fbem-26247	29	25	community	community	NOUN
fbem-26247	29	26	has	have	AUX
fbem-26247	29	27	clearly	clearly	ADV
fbem-26247	29	28	shifted	shift	VERB
fbem-26247	29	29	,	,	PUNCT
fbem-26247	29	30	and	and	CCONJ
fbem-26247	29	31	more	more	ADJ
fbem-26247	29	32	and	and	CCONJ
fbem-26247	29	33	more	more	ADJ
fbem-26247	29	34	scholars	scholar	NOUN
fbem-26247	29	35	tend	tend	VERB
fbem-26247	29	36	to	to	PART
fbem-26247	29	37	adopt	adopt	VERB
fbem-26247	29	38	the	the	DET
fbem-26247	29	39	method	method	NOUN
fbem-26247	29	40	of	of	ADP
fbem-26247	29	41	empirical	empirical	ADJ
fbem-26247	29	42	analysis	analysis	NOUN
fbem-26247	29	43	in	in	ADP
fbem-26247	29	44	an	an	DET
fbem-26247	29	45	attempt	attempt	NOUN
fbem-26247	29	46	to	to	PART
fbem-26247	29	47	more	more	ADV
fbem-26247	29	48	scientifically	scientifically	ADV
fbem-26247	29	49	and	and	CCONJ
fbem-26247	29	50	accurately	accurately	ADV
fbem-26247	29	51	reveal	reveal	VERB
fbem-26247	29	52	the	the	DET
fbem-26247	29	53	possible	possible	ADJ
fbem-26247	29	54	intrinsic	intrinsic	ADJ
fbem-26247	29	55	links	link	NOUN
fbem-26247	29	56	between	between	ADP
fbem-26247	29	57	confucian	confucian	ADJ
fbem-26247	29	58	culture	culture	NOUN
fbem-26247	29	59	and	and	CCONJ
fbem-26247	29	60	the	the	DET
fbem-26247	29	61	behavioral	behavioral	ADJ
fbem-26247	29	62	decision	decision	NOUN
fbem-26247	29	63	-	-	PUNCT
fbem-26247	29	64	making	making	NOUN
fbem-26247	29	65	of	of	ADP
fbem-26247	29	66	modern	modern	ADJ
fbem-26247	29	67	firms	firm	NOUN
fbem-26247	29	68	.	.	PUNCT
fbem-26247	30	1	xu	xu	PROPN
fbem-26247	30	2	et	et	PROPN
fbem-26247	31	1	al	al	PROPN
fbem-26247	31	2	(	(	PUNCT
fbem-26247	31	3	2020	2020	NUM
fbem-26247	31	4	)	)	PUNCT
fbem-26247	31	5	found	find	VERB
fbem-26247	31	6	that	that	SCONJ
fbem-26247	31	7	confucian	confucian	ADJ
fbem-26247	31	8	culture	culture	NOUN
fbem-26247	31	9	,	,	PUNCT
fbem-26247	31	10	as	as	ADP
fbem-26247	31	11	a	a	DET
fbem-26247	31	12	kind	kind	NOUN
fbem-26247	31	13	of	of	ADP
fbem-26247	31	14	informal	informal	ADJ
fbem-26247	31	15	system	system	NOUN
fbem-26247	31	16	,	,	PUNCT
fbem-26247	31	17	helps	help	VERB
fbem-26247	31	18	to	to	PART
fbem-26247	31	19	make	make	VERB
fbem-26247	31	20	up	up	ADP
fbem-26247	31	21	for	for	ADP
fbem-26247	31	22	the	the	DET
fbem-26247	31	23	deficiencies	deficiency	NOUN
fbem-26247	31	24	of	of	ADP
fbem-26247	31	25	the	the	DET
fbem-26247	31	26	formal	formal	ADJ
fbem-26247	31	27	system	system	NOUN
fbem-26247	31	28	in	in	ADP
fbem-26247	31	29	emerging	emerge	VERB
fbem-26247	31	30	capital	capital	NOUN
fbem-26247	31	31	markets	market	NOUN
fbem-26247	31	32	and	and	CCONJ
fbem-26247	31	33	performs	perform	VERB
fbem-26247	31	34	an	an	DET
fbem-26247	31	35	alternative	alternative	ADJ
fbem-26247	31	36	governance	governance	NOUN
fbem-26247	31	37	function	function	NOUN
fbem-26247	31	38	to	to	PART
fbem-26247	31	39	achieve	achieve	VERB
fbem-26247	31	40	the	the	DET
fbem-26247	31	41	role	role	NOUN
fbem-26247	31	42	of	of	ADP
fbem-26247	31	43	curbing	curb	VERB
fbem-26247	31	44	the	the	DET
fbem-26247	31	45	risk	risk	NOUN
fbem-26247	31	46	of	of	ADP
fbem-26247	31	47	stock	stock	NOUN
fbem-26247	31	48	price	price	NOUN
fbem-26247	31	49	crashes	crash	NOUN
fbem-26247	31	50	.	.	PUNCT
fbem-26247	32	1	confucian	confucian	ADJ
fbem-26247	32	2	culture	culture	NOUN
fbem-26247	32	3	can	can	AUX
fbem-26247	32	4	also	also	ADV
fbem-26247	32	5	enhance	enhance	VERB
fbem-26247	32	6	the	the	DET
fbem-26247	32	7	quality	quality	NOUN
fbem-26247	32	8	of	of	ADP
fbem-26247	32	9	its	its	PRON
fbem-26247	32	10	environmental	environmental	ADJ
fbem-26247	32	11	disclosure	disclosure	NOUN
fbem-26247	32	12	by	by	ADP
fbem-26247	32	13	promoting	promote	VERB
fbem-26247	32	14	the	the	DET
fbem-26247	32	15	fulfillment	fulfillment	NOUN
fbem-26247	32	16	of	of	ADP
fbem-26247	32	17	corporate	corporate	ADJ
fbem-26247	32	18	responsibility	responsibility	NOUN
fbem-26247	32	19	,	,	PUNCT
fbem-26247	32	20	inhibiting	inhibit	VERB
fbem-26247	32	21	agency	agency	NOUN
fbem-26247	32	22	problems	problem	NOUN
fbem-26247	32	23	,	,	PUNCT
fbem-26247	32	24	and	and	CCONJ
fbem-26247	32	25	enhancing	enhance	VERB
fbem-26247	32	26	dynamic	dynamic	ADJ
fbem-26247	32	27	capabilities	capability	NOUN
fbem-26247	32	28	(	(	PUNCT
fbem-26247	32	29	yang	yang	PROPN
fbem-26247	32	30	and	and	CCONJ
fbem-26247	32	31	liu	liu	PROPN
fbem-26247	32	32	,	,	PUNCT
fbem-26247	32	33	2024	2024	NUM
fbem-26247	32	34	)	)	PUNCT
fbem-26247	32	35	.	.	PUNCT
fbem-26247	33	1	confucian	confucian	ADJ
fbem-26247	33	2	culture	culture	NOUN
fbem-26247	33	3	can	can	AUX
fbem-26247	33	4	reduce	reduce	VERB
fbem-26247	33	5	executive	executive	NOUN
fbem-26247	33	6	on	on	ADP
fbem-26247	33	7	-	-	PUNCT
fbem-26247	33	8	the	the	DET
fbem-26247	33	9	-	-	PUNCT
fbem-26247	33	10	job	job	NOUN
fbem-26247	33	11	consumption	consumption	NOUN
fbem-26247	33	12	(	(	PUNCT
fbem-26247	33	13	pan	pan	NOUN
fbem-26247	33	14	et	et	PROPN
fbem-26247	33	15	al	al	PROPN
fbem-26247	33	16	,	,	PUNCT
fbem-26247	33	17	2020	2020	NUM
fbem-26247	33	18	)	)	PUNCT
fbem-26247	33	19	,	,	PUNCT
fbem-26247	33	20	as	as	ADV
fbem-26247	33	21	well	well	ADV
fbem-26247	33	22	as	as	ADP
fbem-26247	33	23	reduce	reduce	VERB
fbem-26247	33	24	corporate	corporate	ADJ
fbem-26247	33	25	non	non	NOUN
fbem-26247	33	26	-	-	NOUN
fbem-26247	33	27	compliance	compliance	NOUN
fbem-26247	33	28	(	(	PUNCT
fbem-26247	33	29	li	li	PROPN
fbem-26247	33	30	and	and	CCONJ
fbem-26247	33	31	zhu	zhu	PROPN
fbem-26247	33	32	,	,	PUNCT
fbem-26247	33	33	2021	2021	NUM
fbem-26247	33	34	)	)	PUNCT
fbem-26247	33	35	,	,	PUNCT
fbem-26247	33	36	corporate	corporate	ADJ
fbem-26247	33	37	green	green	ADJ
fbem-26247	33	38	innovation	innovation	NOUN
fbem-26247	33	39	(	(	PUNCT
fbem-26247	33	40	pan	pan	NOUN
fbem-26247	33	41	et	et	PROPN
fbem-26247	33	42	al	al	PROPN
fbem-26247	33	43	,	,	PUNCT
fbem-26247	33	44	2023	2023	NUM
fbem-26247	33	45	)	)	PUNCT
fbem-26247	33	46	,	,	PUNCT
fbem-26247	33	47	promote	promote	VERB
fbem-26247	33	48	corporate	corporate	ADJ
fbem-26247	33	49	digital	digital	ADJ
fbem-26247	33	50	transformation	transformation	NOUN
fbem-26247	33	51	(	(	PUNCT
fbem-26247	33	52	lin	lin	PROPN
fbem-26247	33	53	and	and	CCONJ
fbem-26247	33	54	chen	chen	PROPN
fbem-26247	33	55	,	,	PUNCT
fbem-26247	33	56	2024	2024	NUM
fbem-26247	33	57	)	)	PUNCT
fbem-26247	33	58	,	,	PUNCT
fbem-26247	33	59	and	and	CCONJ
fbem-26247	33	60	the	the	DET
fbem-26247	33	61	level	level	NOUN
fbem-26247	33	62	of	of	ADP
fbem-26247	33	63	corporate	corporate	ADJ
fbem-26247	33	64	environmental	environmental	ADJ
fbem-26247	33	65	management	management	NOUN
fbem-26247	33	66	(	(	PUNCT
fbem-26247	33	67	du	du	PROPN
fbem-26247	33	68	et	et	PROPN
fbem-26247	33	69	al	al	PROPN
fbem-26247	33	70	,	,	PUNCT
fbem-26247	33	71	2024	2024	NUM
fbem-26247	33	72	)	)	PUNCT
fbem-26247	33	73	.	.	PUNCT
fbem-26247	34	1	in	in	ADP
fbem-26247	34	2	addition	addition	NOUN
fbem-26247	34	3	,	,	PUNCT
fbem-26247	34	4	confucianism	confucianism	NOUN
fbem-26247	34	5	also	also	ADV
fbem-26247	34	6	helps	help	VERB
fbem-26247	34	7	to	to	PART
fbem-26247	34	8	enhance	enhance	VERB
fbem-26247	34	9	corporate	corporate	ADJ
fbem-26247	34	10	responsibility	responsibility	NOUN
fbem-26247	34	11	awareness	awareness	NOUN
fbem-26247	34	12	,	,	PUNCT
fbem-26247	34	13	promote	promote	VERB
fbem-26247	34	14	csr	csr	NOUN
fbem-26247	34	15	information	information	NOUN
fbem-26247	34	16	disclosure	disclosure	NOUN
fbem-26247	34	17	(	(	PUNCT
fbem-26247	34	18	zou	zou	PROPN
fbem-26247	34	19	,	,	PUNCT
fbem-26247	34	20	2020	2020	NUM
fbem-26247	34	21	)	)	PUNCT
fbem-26247	34	22	,	,	PUNCT
fbem-26247	34	23	promote	promote	VERB
fbem-26247	34	24	enterprises	enterprise	NOUN
fbem-26247	34	25	to	to	PART
fbem-26247	34	26	make	make	VERB
fbem-26247	34	27	green	green	ADJ
fbem-26247	34	28	mergers	merger	NOUN
fbem-26247	34	29	and	and	CCONJ
fbem-26247	34	30	acquisitions	acquisition	NOUN
fbem-26247	34	31	(	(	PUNCT
fbem-26247	34	32	pan	pan	NOUN
fbem-26247	34	33	et	et	PROPN
fbem-26247	34	34	al	al	PROPN
fbem-26247	34	35	,	,	PUNCT
fbem-26247	34	36	2021	2021	NUM
fbem-26247	34	37	)	)	PUNCT
fbem-26247	34	38	,	,	PUNCT
fbem-26247	34	39	and	and	CCONJ
fbem-26247	34	40	enhance	enhance	VERB
fbem-26247	34	41	accounting	accounting	NOUN
fbem-26247	34	42	robustness	robustness	NOUN
fbem-26247	34	43	(	(	PUNCT
fbem-26247	34	44	du	du	X
fbem-26247	34	45	et	et	PROPN
fbem-26247	34	46	al	al	PROPN
fbem-26247	34	47	,	,	PUNCT
fbem-26247	34	48	2023	2023	NUM
fbem-26247	34	49	)	)	PUNCT
fbem-26247	34	50	.	.	PUNCT
fbem-26247	35	1	the	the	DET
fbem-26247	35	2	above	above	ADJ
fbem-26247	35	3	studies	study	NOUN
fbem-26247	35	4	fully	fully	ADV
fbem-26247	35	5	illustrate	illustrate	VERB
fbem-26247	35	6	that	that	SCONJ
fbem-26247	35	7	confucian	confucian	ADJ
fbem-26247	35	8	culture	culture	NOUN
fbem-26247	35	9	as	as	ADP
fbem-26247	35	10	an	an	DET
fbem-26247	35	11	informal	informal	ADJ
fbem-26247	35	12	system	system	NOUN
fbem-26247	35	13	does	do	AUX
fbem-26247	35	14	have	have	VERB
fbem-26247	35	15	an	an	DET
fbem-26247	35	16	impact	impact	NOUN
fbem-26247	35	17	on	on	ADP
fbem-26247	35	18	the	the	DET
fbem-26247	35	19	behavioral	behavioral	ADJ
fbem-26247	35	20	decisions	decision	NOUN
fbem-26247	35	21	of	of	ADP
fbem-26247	35	22	modern	modern	ADJ
fbem-26247	35	23	enterprises	enterprise	NOUN
fbem-26247	35	24	.	.	PUNCT
fbem-26247	36	1	the	the	DET
fbem-26247	36	2	core	core	ADJ
fbem-26247	36	3	idea	idea	NOUN
fbem-26247	36	4	of	of	ADP
fbem-26247	36	5	confucian	confucian	ADJ
fbem-26247	36	6	culture	culture	NOUN
fbem-26247	36	7	is	be	AUX
fbem-26247	36	8	conducive	conducive	ADJ
fbem-26247	36	9	to	to	ADP
fbem-26247	36	10	regulating	regulate	VERB
fbem-26247	36	11	management	management	NOUN
fbem-26247	36	12	behavior	behavior	NOUN
fbem-26247	36	13	and	and	CCONJ
fbem-26247	36	14	improving	improve	VERB
fbem-26247	36	15	the	the	DET
fbem-26247	36	16	quality	quality	NOUN
fbem-26247	36	17	and	and	CCONJ
fbem-26247	36	18	efficiency	efficiency	NOUN
fbem-26247	36	19	of	of	ADP
fbem-26247	36	20	disclosure	disclosure	NOUN
fbem-26247	36	21	information	information	NOUN
fbem-26247	36	22	.	.	PUNCT
fbem-26247	37	1	compared	compare	VERB
fbem-26247	37	2	with	with	ADP
fbem-26247	37	3	established	established	ADJ
fbem-26247	37	4	studies	study	NOUN
fbem-26247	37	5	,	,	PUNCT
fbem-26247	37	6	the	the	DET
fbem-26247	37	7	marginal	marginal	ADJ
fbem-26247	37	8	contributions	contribution	NOUN
fbem-26247	37	9	of	of	ADP
fbem-26247	37	10	this	this	DET
fbem-26247	37	11	paper	paper	NOUN
fbem-26247	37	12	may	may	AUX
fbem-26247	37	13	be	be	AUX
fbem-26247	37	14	reflected	reflect	VERB
fbem-26247	37	15	in	in	ADP
fbem-26247	37	16	the	the	DET
fbem-26247	37	17	following	follow	VERB
fbem-26247	37	18	aspects	aspect	NOUN
fbem-26247	37	19	:	:	PUNCT
fbem-26247	37	20	first	first	ADV
fbem-26247	37	21	,	,	PUNCT
fbem-26247	37	22	it	it	PRON
fbem-26247	37	23	broadens	broaden	VERB
fbem-26247	37	24	the	the	DET
fbem-26247	37	25	research	research	NOUN
fbem-26247	37	26	boundaries	boundary	NOUN
fbem-26247	37	27	of	of	ADP
fbem-26247	37	28	the	the	DET
fbem-26247	37	29	economic	economic	ADJ
fbem-26247	37	30	consequences	consequence	NOUN
fbem-26247	37	31	of	of	ADP
fbem-26247	37	32	confucian	confucian	ADJ
fbem-26247	37	33	culture	culture	NOUN
fbem-26247	37	34	.	.	PUNCT
fbem-26247	38	1	the	the	DET
fbem-26247	38	2	influence	influence	NOUN
fbem-26247	38	3	of	of	ADP
fbem-26247	38	4	the	the	DET
fbem-26247	38	5	confucian	confucian	ADJ
fbem-26247	38	6	tradition	tradition	NOUN
fbem-26247	38	7	on	on	ADP
fbem-26247	38	8	chinese	chinese	ADJ
fbem-26247	38	9	society	society	NOUN
fbem-26247	38	10	is	be	AUX
fbem-26247	38	11	extensive	extensive	ADJ
fbem-26247	38	12	and	and	CCONJ
fbem-26247	38	13	far	far	ADV
fbem-26247	38	14	-	-	PUNCT
fbem-26247	38	15	reaching	reach	VERB
fbem-26247	38	16	,	,	PUNCT
fbem-26247	38	17	but	but	CCONJ
fbem-26247	38	18	current	current	ADJ
fbem-26247	38	19	research	research	NOUN
fbem-26247	38	20	on	on	ADP
fbem-26247	38	21	confucian	confucian	ADJ
fbem-26247	38	22	ethical	ethical	ADJ
fbem-26247	38	23	values	value	NOUN
fbem-26247	38	24	has	have	AUX
fbem-26247	38	25	been	be	AUX
fbem-26247	38	26	conducted	conduct	VERB
fbem-26247	38	27	mainly	mainly	ADV
fbem-26247	38	28	based	base	VERB
fbem-26247	38	29	on	on	ADP
fbem-26247	38	30	the	the	DET
fbem-26247	38	31	philosophical	philosophical	ADJ
fbem-26247	38	32	and	and	CCONJ
fbem-26247	38	33	sociological	sociological	ADJ
fbem-26247	38	34	levels	level	NOUN
fbem-26247	38	35	,	,	PUNCT
fbem-26247	38	36	and	and	CCONJ
fbem-26247	38	37	most	most	ADJ
fbem-26247	38	38	of	of	ADP
fbem-26247	38	39	them	they	PRON
fbem-26247	38	40	have	have	AUX
fbem-26247	38	41	adopted	adopt	VERB
fbem-26247	38	42	the	the	DET
fbem-26247	38	43	normative	normative	ADJ
fbem-26247	38	44	analysis	analysis	NOUN
fbem-26247	38	45	paradigm	paradigm	NOUN
fbem-26247	38	46	.	.	PUNCT
fbem-26247	39	1	this	this	DET
fbem-26247	39	2	paper	paper	NOUN
fbem-26247	39	3	uses	use	VERB
fbem-26247	39	4	empirical	empirical	ADJ
fbem-26247	39	5	methods	method	NOUN
fbem-26247	39	6	to	to	PART
fbem-26247	39	7	reveal	reveal	VERB
fbem-26247	39	8	the	the	DET
fbem-26247	39	9	relationship	relationship	NOUN
fbem-26247	39	10	between	between	ADP
fbem-26247	39	11	confucian	confucian	ADJ
fbem-26247	39	12	culture	culture	NOUN
fbem-26247	39	13	and	and	CCONJ
fbem-26247	39	14	stock	stock	NOUN
fbem-26247	39	15	price	price	NOUN
fbem-26247	39	16	synchronization	synchronization	NOUN
fbem-26247	39	17	,	,	PUNCT
fbem-26247	39	18	and	and	CCONJ
fbem-26247	39	19	also	also	ADV
fbem-26247	39	20	deepens	deepen	VERB
fbem-26247	39	21	the	the	DET
fbem-26247	39	22	theoretical	theoretical	ADJ
fbem-26247	39	23	knowledge	knowledge	NOUN
fbem-26247	39	24	of	of	ADP
fbem-26247	39	25	the	the	DET
fbem-26247	39	26	economic	economic	ADJ
fbem-26247	39	27	consequences	consequence	NOUN
fbem-26247	39	28	of	of	ADP
fbem-26247	39	29	confucian	confucian	ADJ
fbem-26247	39	30	culture	culture	NOUN
fbem-26247	39	31	from	from	ADP
fbem-26247	39	32	the	the	DET
fbem-26247	39	33	market	market	NOUN
fbem-26247	39	34	economy	economy	NOUN
fbem-26247	39	35	level	level	NOUN
fbem-26247	39	36	.	.	PUNCT
fbem-26247	40	1	second	second	ADJ
fbem-26247	40	2	,	,	PUNCT
fbem-26247	40	3	it	it	PRON
fbem-26247	40	4	provides	provide	VERB
fbem-26247	40	5	a	a	DET
fbem-26247	40	6	new	new	ADJ
fbem-26247	40	7	perspective	perspective	NOUN
fbem-26247	40	8	to	to	PART
fbem-26247	40	9	study	study	VERB
fbem-26247	40	10	the	the	DET
fbem-26247	40	11	influencing	influence	VERB
fbem-26247	40	12	factors	factor	NOUN
fbem-26247	40	13	of	of	ADP
fbem-26247	40	14	stock	stock	NOUN
fbem-26247	40	15	price	price	NOUN
fbem-26247	40	16	synchronization	synchronization	NOUN
fbem-26247	40	17	.	.	PUNCT
fbem-26247	41	1	an	an	DET
fbem-26247	41	2	important	important	ADJ
fbem-26247	41	3	development	development	NOUN
fbem-26247	41	4	trend	trend	NOUN
fbem-26247	41	5	of	of	ADP
fbem-26247	41	6	stock	stock	NOUN
fbem-26247	41	7	price	price	NOUN
fbem-26247	41	8	synchronicity	synchronicity	NOUN
fbem-26247	41	9	is	be	AUX
fbem-26247	41	10	cross	cross	ADJ
fbem-26247	41	11	-	-	ADJ
fbem-26247	41	12	field	field	ADJ
fbem-26247	41	13	cross	cross	NOUN
fbem-26247	41	14	-	-	NOUN
fbem-26247	41	15	study	study	NOUN
fbem-26247	41	16	.	.	PUNCT
fbem-26247	42	1	this	this	DET
fbem-26247	42	2	paper	paper	NOUN
fbem-26247	42	3	combines	combine	VERB
fbem-26247	42	4	cultural	cultural	ADJ
fbem-26247	42	5	influence	influence	NOUN
fbem-26247	42	6	and	and	CCONJ
fbem-26247	42	7	capital	capital	NOUN
fbem-26247	42	8	market	market	NOUN
fbem-26247	42	9	pricing	pricing	NOUN
fbem-26247	42	10	efficiency	efficiency	NOUN
fbem-26247	42	11	to	to	PART
fbem-26247	42	12	analyze	analyze	VERB
fbem-26247	42	13	the	the	DET
fbem-26247	42	14	relationship	relationship	NOUN
fbem-26247	42	15	between	between	ADP
fbem-26247	42	16	confucianism	confucianism	NOUN
fbem-26247	42	17	and	and	CCONJ
fbem-26247	42	18	stock	stock	NOUN
fbem-26247	42	19	price	price	NOUN
fbem-26247	42	20	synchronicity	synchronicity	NOUN
fbem-26247	42	21	,	,	PUNCT
fbem-26247	42	22	which	which	PRON
fbem-26247	42	23	broadens	broaden	VERB
fbem-26247	42	24	the	the	DET
fbem-26247	42	25	scope	scope	NOUN
fbem-26247	42	26	of	of	ADP
fbem-26247	42	27	application	application	NOUN
fbem-26247	42	28	of	of	ADP
fbem-26247	42	29	culture	culture	NOUN
fbem-26247	42	30	in	in	ADP
fbem-26247	42	31	the	the	DET
fbem-26247	42	32	field	field	NOUN
fbem-26247	42	33	of	of	ADP
fbem-26247	42	34	capital	capital	NOUN
fbem-26247	42	35	market	market	NOUN
fbem-26247	42	36	counting	counting	NOUN
fbem-26247	42	37	and	and	CCONJ
fbem-26247	42	38	finance	finance	NOUN
fbem-26247	42	39	,	,	PUNCT
fbem-26247	42	40	and	and	CCONJ
fbem-26247	42	41	provides	provide	VERB
fbem-26247	42	42	new	new	ADJ
fbem-26247	42	43	empirical	empirical	ADJ
fbem-26247	42	44	evidences	evidence	NOUN
fbem-26247	42	45	for	for	ADP
fbem-26247	42	46	a	a	DET
fbem-26247	42	47	comprehensive	comprehensive	ADJ
fbem-26247	42	48	understanding	understanding	NOUN
fbem-26247	42	49	of	of	ADP
fbem-26247	42	50	the	the	DET
fbem-26247	42	51	influence	influence	NOUN
fbem-26247	42	52	mechanism	mechanism	NOUN
fbem-26247	42	53	of	of	ADP
fbem-26247	42	54	stock	stock	NOUN
fbem-26247	42	55	price	price	NOUN
fbem-26247	42	56	synchronicity	synchronicity	NOUN
fbem-26247	42	57	.	.	PUNCT
fbem-26247	43	1	the	the	DET
fbem-26247	43	2	literature	literature	NOUN
fbem-26247	43	3	has	have	AUX
fbem-26247	43	4	examined	examine	VERB
fbem-26247	43	5	stock	stock	NOUN
fbem-26247	43	6	price	price	NOUN
fbem-26247	43	7	synchronization	synchronization	NOUN
fbem-26247	43	8	from	from	ADP
fbem-26247	43	9	the	the	DET
fbem-26247	43	10	perspectives	perspective	NOUN
fbem-26247	43	11	of	of	ADP
fbem-26247	43	12	media	medium	NOUN
fbem-26247	43	13	reports	report	NOUN
fbem-26247	43	14	,	,	PUNCT
fbem-26247	43	15	microblogs	microblog	NOUN
fbem-26247	43	16	,	,	PUNCT
fbem-26247	43	17	analysts	analyst	NOUN
fbem-26247	43	18	,	,	PUNCT
fbem-26247	43	19	social	social	ADJ
fbem-26247	43	20	responsibility	responsibility	NOUN
fbem-26247	43	21	report	report	NOUN
fbem-26247	43	22	disclosure	disclosure	NOUN
fbem-26247	43	23	,	,	PUNCT
fbem-26247	43	24	annual	annual	ADJ
fbem-26247	43	25	report	report	NOUN
fbem-26247	43	26	tone	tone	NOUN
fbem-26247	43	27	,	,	PUNCT
fbem-26247	43	28	and	and	CCONJ
fbem-26247	43	29	shanghai	shanghai	PROPN
fbem-26247	43	30	-	-	PUNCT
fbem-26247	43	31	hong	hong	PROPN
fbem-26247	43	32	kong	kong	PROPN
fbem-26247	43	33	stock	stock	PROPN
fbem-26247	43	34	connect	connect	NOUN
fbem-26247	43	35	,	,	PUNCT
fbem-26247	43	36	but	but	CCONJ
fbem-26247	43	37	little	little	ADJ
fbem-26247	43	38	attention	attention	NOUN
fbem-26247	43	39	has	have	AUX
fbem-26247	43	40	been	be	AUX
fbem-26247	43	41	paid	pay	VERB
fbem-26247	43	42	to	to	ADP
fbem-26247	43	43	the	the	DET
fbem-26247	43	44	impact	impact	NOUN
fbem-26247	43	45	of	of	ADP
fbem-26247	43	46	implicit	implicit	ADJ
fbem-26247	43	47	value	value	NOUN
fbem-26247	43	48	norms	norm	NOUN
fbem-26247	43	49	,	,	PUNCT
fbem-26247	43	50	such	such	ADJ
fbem-26247	43	51	as	as	ADP
fbem-26247	43	52	culture	culture	NOUN
fbem-26247	43	53	,	,	PUNCT
fbem-26247	43	54	on	on	ADP
fbem-26247	43	55	stock	stock	NOUN
fbem-26247	43	56	price	price	NOUN
fbem-26247	43	57	synchronization	synchronization	NOUN
fbem-26247	43	58	.	.	PUNCT
fbem-26247	44	1	third	third	ADJ
fbem-26247	44	2	,	,	PUNCT
fbem-26247	44	3	this	this	DET
fbem-26247	44	4	paper	paper	NOUN
fbem-26247	44	5	further	far	ADV
fbem-26247	44	6	clarifies	clarify	VERB
fbem-26247	44	7	the	the	DET
fbem-26247	44	8	internal	internal	ADJ
fbem-26247	44	9	mechanism	mechanism	NOUN
fbem-26247	44	10	of	of	ADP
fbem-26247	44	11	confucian	confucian	ADJ
fbem-26247	44	12	culture	culture	NOUN
fbem-26247	44	13	on	on	ADP
fbem-26247	44	14	stock	stock	NOUN
fbem-26247	44	15	price	price	NOUN
fbem-26247	44	16	synchronization	synchronization	NOUN
fbem-26247	44	17	,	,	PUNCT
fbem-26247	44	18	which	which	PRON
fbem-26247	44	19	can	can	AUX
fbem-26247	44	20	help	help	VERB
fbem-26247	44	21	firms	firm	NOUN
fbem-26247	44	22	better	well	ADV
fbem-26247	44	23	grasp	grasp	VERB
fbem-26247	44	24	stock	stock	NOUN
fbem-26247	44	25	price	price	NOUN
fbem-26247	44	26	synchronization	synchronization	NOUN
fbem-26247	44	27	activities	activity	NOUN
fbem-26247	44	28	and	and	CCONJ
fbem-26247	44	29	improve	improve	VERB
fbem-26247	44	30	capital	capital	NOUN
fbem-26247	44	31	market	market	NOUN
fbem-26247	44	32	pricing	pricing	NOUN
fbem-26247	44	33	efficiency	efficiency	NOUN
fbem-26247	44	34	.	.	PUNCT
fbem-26247	45	1	2	2	X
fbem-26247	45	2	.	.	X
fbem-26247	45	3	theoretical	theoretical	ADJ
fbem-26247	45	4	analysis	analysis	NOUN
fbem-26247	45	5	and	and	CCONJ
fbem-26247	45	6	research	research	NOUN
fbem-26247	45	7	hypothesis	hypothesis	NOUN
fbem-26247	45	8	on	on	ADP
fbem-26247	45	9	the	the	DET
fbem-26247	45	10	one	one	NUM
fbem-26247	45	11	hand	hand	NOUN
fbem-26247	45	12	,	,	PUNCT
fbem-26247	45	13	confucian	confucian	ADJ
fbem-26247	45	14	culture	culture	NOUN
fbem-26247	45	15	can	can	AUX
fbem-26247	45	16	help	help	VERB
fbem-26247	45	17	curb	curb	VERB
fbem-26247	45	18	managerial	managerial	ADJ
fbem-26247	45	19	self	self	NOUN
fbem-26247	45	20	-	-	PUNCT
fbem-26247	45	21	interested	interested	ADJ
fbem-26247	45	22	behavior	behavior	NOUN
fbem-26247	45	23	.	.	PUNCT
fbem-26247	46	1	xiong	xiong	PROPN
fbem-26247	46	2	et	et	PROPN
fbem-26247	46	3	al	al	PROPN
fbem-26247	46	4	(	(	PUNCT
fbem-26247	46	5	2023	2023	NUM
fbem-26247	46	6	)	)	PUNCT
fbem-26247	46	7	found	find	VERB
fbem-26247	46	8	that	that	SCONJ
fbem-26247	46	9	confucian	confucian	ADJ
fbem-26247	46	10	culture	culture	NOUN
fbem-26247	46	11	can	can	AUX
fbem-26247	46	12	curb	curb	VERB
fbem-26247	46	13	managerial	managerial	ADJ
fbem-26247	46	14	self	self	NOUN
fbem-26247	46	15	-	-	PUNCT
fbem-26247	46	16	interested	interest	VERB
fbem-26247	46	17	behavior	behavior	NOUN
fbem-26247	46	18	and	and	CCONJ
fbem-26247	46	19	create	create	VERB
fbem-26247	46	20	a	a	DET
fbem-26247	46	21	good	good	ADJ
fbem-26247	46	22	ethical	ethical	ADJ
fbem-26247	46	23	environment	environment	NOUN
fbem-26247	46	24	.	.	PUNCT
fbem-26247	47	1	gan	gan	PROPN
fbem-26247	47	2	(	(	PUNCT
fbem-26247	47	3	2021	2021	NUM
fbem-26247	47	4	)	)	PUNCT
fbem-26247	47	5	showed	show	VERB
fbem-26247	47	6	that	that	SCONJ
fbem-26247	47	7	the	the	DET
fbem-26247	47	8	ethical	ethical	ADJ
fbem-26247	47	9	values	value	NOUN
fbem-26247	47	10	embedded	embed	VERB
fbem-26247	47	11	in	in	ADP
fbem-26247	47	12	confucian	confucian	ADJ
fbem-26247	47	13	culture	culture	NOUN
fbem-26247	47	14	can	can	AUX
fbem-26247	47	15	produce	produce	VERB
fbem-26247	47	16	a	a	DET
fbem-26247	47	17	restraining	restraining	NOUN
fbem-26247	47	18	mechanism	mechanism	NOUN
fbem-26247	47	19	for	for	ADP
fbem-26247	47	20	agents	agent	NOUN
fbem-26247	47	21	'	'	PART
fbem-26247	47	22	selfinterested	selfintereste	VERB
fbem-26247	47	23	behavior	behavior	NOUN
fbem-26247	47	24	and	and	CCONJ
fbem-26247	47	25	embedded	embed	VERB
fbem-26247	47	26	within	within	ADP
fbem-26247	47	27	the	the	DET
fbem-26247	47	28	enterprise	enterprise	NOUN
fbem-26247	47	29	to	to	PART
fbem-26247	47	30	shape	shape	VERB
fbem-26247	47	31	managers	manager	NOUN
fbem-26247	47	32	'	'	PART
fbem-26247	47	33	professional	professional	ADJ
fbem-26247	47	34	ethics	ethic	NOUN
fbem-26247	47	35	of	of	ADP
fbem-26247	47	36	cultivation	cultivation	NOUN
fbem-26247	47	37	and	and	CCONJ
fbem-26247	47	38	selfdiscipline	selfdiscipline	NOUN
fbem-26247	47	39	.	.	PUNCT
fbem-26247	48	1	confucian	confucian	ADJ
fbem-26247	48	2	culture	culture	NOUN
fbem-26247	48	3	can	can	AUX
fbem-26247	48	4	also	also	ADV
fbem-26247	48	5	promote	promote	VERB
fbem-26247	48	6	green	green	ADJ
fbem-26247	48	7	innovation	innovation	NOUN
fbem-26247	48	8	in	in	ADP
fbem-26247	48	9	enterprises	enterprise	NOUN
fbem-26247	48	10	by	by	ADP
fbem-26247	48	11	restraining	restrain	VERB
fbem-26247	48	12	managers	manager	NOUN
fbem-26247	48	13	'	'	PART
fbem-26247	48	14	selfinterested	selfintereste	VERB
fbem-26247	48	15	behavior	behavior	NOUN
fbem-26247	48	16	(	(	PUNCT
fbem-26247	48	17	pan	pan	NOUN
fbem-26247	48	18	et	et	PROPN
fbem-26247	48	19	al	al	PROPN
fbem-26247	48	20	,	,	PUNCT
fbem-26247	48	21	2023	2023	NUM
fbem-26247	48	22	)	)	PUNCT
fbem-26247	48	23	.	.	PUNCT
fbem-26247	49	1	confucian	confucian	ADJ
fbem-26247	49	2	culture	culture	NOUN
fbem-26247	49	3	promotes	promote	VERB
fbem-26247	49	4	values	value	NOUN
fbem-26247	49	5	centered	center	VERB
fbem-26247	49	6	on	on	ADP
fbem-26247	49	7	morality	morality	NOUN
fbem-26247	49	8	,	,	PUNCT
fbem-26247	49	9	kindness	kindness	NOUN
fbem-26247	49	10	,	,	PUNCT
fbem-26247	49	11	and	and	CCONJ
fbem-26247	49	12	selflessness	selflessness	NOUN
fbem-26247	49	13	.	.	PUNCT
fbem-26247	50	1	the	the	DET
fbem-26247	50	2	saying	say	VERB
fbem-26247	50	3	“	"	PUNCT
fbem-26247	50	4	a	a	DET
fbem-26247	50	5	gentleman	gentleman	NOUN
fbem-26247	50	6	seeks	seek	VERB
fbem-26247	50	7	others	other	NOUN
fbem-26247	50	8	after	after	SCONJ
fbem-26247	50	9	he	he	PRON
fbem-26247	50	10	has	have	AUX
fbem-26247	50	11	sought	seek	VERB
fbem-26247	50	12	himself	himself	PRON
fbem-26247	50	13	,	,	PUNCT
fbem-26247	50	14	and	and	CCONJ
fbem-26247	50	15	seeks	seek	VERB
fbem-26247	50	16	not	not	PART
fbem-26247	50	17	others	other	NOUN
fbem-26247	50	18	after	after	SCONJ
fbem-26247	50	19	he	he	PRON
fbem-26247	50	20	has	have	AUX
fbem-26247	50	21	not	not	PART
fbem-26247	50	22	sought	seek	VERB
fbem-26247	50	23	himself	himself	PRON
fbem-26247	50	24	”	"	PUNCT
fbem-26247	50	25	profoundly	profoundly	ADV
fbem-26247	50	26	reveals	reveal	VERB
fbem-26247	50	27	the	the	DET
fbem-26247	50	28	self	self	NOUN
fbem-26247	50	29	-	-	PUNCT
fbem-26247	50	30	requirements	requirement	NOUN
fbem-26247	50	31	and	and	CCONJ
fbem-26247	50	32	high	high	ADJ
fbem-26247	50	33	standards	standard	NOUN
fbem-26247	50	34	of	of	ADP
fbem-26247	50	35	a	a	DET
fbem-26247	50	36	gentleman	gentleman	NOUN
fbem-26247	50	37	in	in	ADP
fbem-26247	50	38	interpersonal	interpersonal	ADJ
fbem-26247	50	39	interactions	interaction	NOUN
fbem-26247	50	40	.	.	PUNCT
fbem-26247	51	1	before	before	SCONJ
fbem-26247	51	2	a	a	DET
fbem-26247	51	3	gentleman	gentleman	NOUN
fbem-26247	51	4	asks	ask	VERB
fbem-26247	51	5	others	other	NOUN
fbem-26247	51	6	to	to	PART
fbem-26247	51	7	do	do	VERB
fbem-26247	51	8	the	the	DET
fbem-26247	51	9	same	same	ADJ
fbem-26247	51	10	,	,	PUNCT
fbem-26247	51	11	he	he	PRON
fbem-26247	51	12	must	must	AUX
fbem-26247	51	13	first	first	ADV
fbem-26247	51	14	examine	examine	VERB
fbem-26247	51	15	himself	himself	PRON
fbem-26247	51	16	to	to	PART
fbem-26247	51	17	make	make	VERB
fbem-26247	51	18	sure	sure	ADJ
fbem-26247	51	19	that	that	SCONJ
fbem-26247	51	20	he	he	PRON
fbem-26247	51	21	has	have	AUX
fbem-26247	51	22	achieved	achieve	VERB
fbem-26247	51	23	the	the	DET
fbem-26247	51	24	same	same	ADJ
fbem-26247	51	25	standard	standard	NOUN
fbem-26247	51	26	;	;	PUNCT
fbem-26247	51	27	before	before	ADP
fbem-26247	51	28	criticizing	criticize	VERB
fbem-26247	51	29	or	or	CCONJ
fbem-26247	51	30	blaming	blame	VERB
fbem-26247	51	31	others	other	NOUN
fbem-26247	51	32	,	,	PUNCT
fbem-26247	51	33	he	he	PRON
fbem-26247	51	34	will	will	AUX
fbem-26247	51	35	even	even	ADV
fbem-26247	51	36	reflect	reflect	VERB
fbem-26247	51	37	on	on	ADP
fbem-26247	51	38	himself	himself	PRON
fbem-26247	51	39	to	to	PART
fbem-26247	51	40	make	make	VERB
fbem-26247	51	41	sure	sure	ADJ
fbem-26247	51	42	that	that	SCONJ
fbem-26247	51	43	he	he	PRON
fbem-26247	51	44	has	have	AUX
fbem-26247	51	45	not	not	PART
fbem-26247	51	46	done	do	VERB
fbem-26247	51	47	anything	anything	PRON
fbem-26247	51	48	wrong	wrong	ADJ
fbem-26247	51	49	.	.	PUNCT
fbem-26247	52	1	this	this	DET
fbem-26247	52	2	attitude	attitude	NOUN
fbem-26247	52	3	of	of	ADP
fbem-26247	52	4	being	be	AUX
fbem-26247	52	5	strict	strict	ADJ
fbem-26247	52	6	with	with	ADP
fbem-26247	52	7	oneself	oneself	PRON
fbem-26247	52	8	and	and	CCONJ
fbem-26247	52	9	lenient	lenient	ADJ
fbem-26247	52	10	with	with	ADP
fbem-26247	52	11	others	other	NOUN
fbem-26247	52	12	is	be	AUX
fbem-26247	52	13	not	not	PART
fbem-26247	52	14	only	only	ADV
fbem-26247	52	15	a	a	DET
fbem-26247	52	16	relentless	relentless	ADJ
fbem-26247	52	17	pursuit	pursuit	NOUN
fbem-26247	52	18	of	of	ADP
fbem-26247	52	19	selfimprovement	selfimprovement	NOUN
fbem-26247	52	20	,	,	PUNCT
fbem-26247	52	21	but	but	CCONJ
fbem-26247	52	22	also	also	ADV
fbem-26247	52	23	a	a	DET
fbem-26247	52	24	powerful	powerful	ADJ
fbem-26247	52	25	overcoming	overcoming	NOUN
fbem-26247	52	26	of	of	ADP
fbem-26247	52	27	selfishness	selfishness	NOUN
fbem-26247	52	28	.	.	PUNCT
fbem-26247	53	1	it	it	PRON
fbem-26247	53	2	teaches	teach	VERB
fbem-26247	53	3	us	we	PRON
fbem-26247	53	4	that	that	SCONJ
fbem-26247	53	5	when	when	SCONJ
fbem-26247	53	6	faced	face	VERB
fbem-26247	53	7	with	with	ADP
fbem-26247	53	8	problems	problem	NOUN
fbem-26247	53	9	and	and	CCONJ
fbem-26247	53	10	conflicts	conflict	NOUN
fbem-26247	53	11	,	,	PUNCT
fbem-26247	53	12	we	we	PRON
fbem-26247	53	13	should	should	AUX
fbem-26247	53	14	first	first	ADV
fbem-26247	53	15	look	look	VERB
fbem-26247	53	16	at	at	ADP
fbem-26247	53	17	ourselves	ourselves	PRON
fbem-26247	53	18	and	and	CCONJ
fbem-26247	53	19	search	search	VERB
fbem-26247	53	20	for	for	ADP
fbem-26247	53	21	shortcomings	shortcoming	NOUN
fbem-26247	53	22	,	,	PUNCT
fbem-26247	53	23	rather	rather	ADV
fbem-26247	53	24	than	than	ADP
fbem-26247	53	25	just	just	ADV
fbem-26247	53	26	blaming	blame	VERB
fbem-26247	53	27	others	other	NOUN
fbem-26247	53	28	.	.	PUNCT
fbem-26247	54	1	the	the	DET
fbem-26247	54	2	credo	credo	NOUN
fbem-26247	54	3	of	of	ADP
fbem-26247	54	4	“	"	PUNCT
fbem-26247	54	5	not	not	PART
fbem-26247	54	6	blaming	blame	VERB
fbem-26247	54	7	god	god	PROPN
fbem-26247	54	8	above	above	ADV
fbem-26247	54	9	,	,	PUNCT
fbem-26247	54	10	not	not	PART
fbem-26247	54	11	blaming	blame	VERB
fbem-26247	54	12	others	other	NOUN
fbem-26247	54	13	below	below	ADV
fbem-26247	54	14	”	"	PUNCT
fbem-26247	54	15	further	far	ADV
fbem-26247	54	16	strengthens	strengthen	VERB
fbem-26247	54	17	the	the	DET
fbem-26247	54	18	spirit	spirit	NOUN
fbem-26247	54	19	of	of	ADP
fbem-26247	54	20	introspection	introspection	NOUN
fbem-26247	54	21	and	and	CCONJ
fbem-26247	54	22	self	self	NOUN
fbem-26247	54	23	-	-	PUNCT
fbem-26247	54	24	discipline	discipline	NOUN
fbem-26247	54	25	in	in	ADP
fbem-26247	54	26	confucian	confucian	ADJ
fbem-26247	54	27	culture	culture	NOUN
fbem-26247	54	28	.	.	PUNCT
fbem-26247	55	1	it	it	PRON
fbem-26247	55	2	teaches	teach	VERB
fbem-26247	55	3	us	we	PRON
fbem-26247	55	4	that	that	SCONJ
fbem-26247	55	5	in	in	ADP
fbem-26247	55	6	the	the	DET
fbem-26247	55	7	face	face	NOUN
fbem-26247	55	8	of	of	ADP
fbem-26247	55	9	life	life	NOUN
fbem-26247	55	10	's	's	PART
fbem-26247	55	11	disappointments	disappointment	NOUN
fbem-26247	55	12	and	and	CCONJ
fbem-26247	55	13	setbacks	setback	NOUN
fbem-26247	55	14	,	,	PUNCT
fbem-26247	55	15	we	we	PRON
fbem-26247	55	16	should	should	AUX
fbem-26247	55	17	not	not	PART
fbem-26247	55	18	blame	blame	VERB
fbem-26247	55	19	others	other	NOUN
fbem-26247	55	20	,	,	PUNCT
fbem-26247	55	21	but	but	CCONJ
fbem-26247	55	22	have	have	VERB
fbem-26247	55	23	the	the	DET
fbem-26247	55	24	courage	courage	NOUN
fbem-26247	55	25	to	to	PART
fbem-26247	55	26	take	take	VERB
fbem-26247	55	27	responsibility	responsibility	NOUN
fbem-26247	55	28	,	,	PUNCT
fbem-26247	55	29	look	look	VERB
fbem-26247	55	30	for	for	ADP
fbem-26247	55	31	the	the	DET
fbem-26247	55	32	causes	cause	NOUN
fbem-26247	55	33	in	in	ADP
fbem-26247	55	34	ourselves	ourselves	PRON
fbem-26247	55	35	and	and	CCONJ
fbem-26247	55	36	seek	seek	VERB
fbem-26247	55	37	solutions	solution	NOUN
fbem-26247	55	38	.	.	PUNCT
fbem-26247	56	1	this	this	DET
fbem-26247	56	2	spirit	spirit	NOUN
fbem-26247	56	3	of	of	ADP
fbem-26247	56	4	facing	face	VERB
fbem-26247	56	5	challenges	challenge	NOUN
fbem-26247	56	6	positively	positively	ADV
fbem-26247	56	7	and	and	CCONJ
fbem-26247	56	8	selfreflection	selfreflection	NOUN
fbem-26247	56	9	has	have	VERB
fbem-26247	56	10	far	far	ADV
fbem-26247	56	11	-	-	PUNCT
fbem-26247	56	12	reaching	reach	VERB
fbem-26247	56	13	significance	significance	NOUN
fbem-26247	56	14	in	in	ADP
fbem-26247	56	15	overcoming	overcome	VERB
fbem-26247	56	16	selfishness	selfishness	NOUN
fbem-26247	56	17	and	and	CCONJ
fbem-26247	56	18	cultivating	cultivate	VERB
fbem-26247	56	19	selfless	selfless	ADJ
fbem-26247	56	20	qualities	quality	NOUN
fbem-26247	56	21	.	.	PUNCT
fbem-26247	57	1	this	this	PRON
fbem-26247	57	2	means	mean	VERB
fbem-26247	57	3	that	that	SCONJ
fbem-26247	57	4	when	when	SCONJ
fbem-26247	57	5	the	the	DET
fbem-26247	57	6	influence	influence	NOUN
fbem-26247	57	7	of	of	ADP
fbem-26247	57	8	confucian	confucian	ADJ
fbem-26247	57	9	culture	culture	NOUN
fbem-26247	57	10	penetrates	penetrate	VERB
fbem-26247	57	11	deep	deep	ADV
fbem-26247	57	12	into	into	ADP
fbem-26247	57	13	the	the	DET
fbem-26247	57	14	enterprise	enterprise	NOUN
fbem-26247	57	15	,	,	PUNCT
fbem-26247	57	16	managers	manager	NOUN
fbem-26247	57	17	can	can	AUX
fbem-26247	57	18	also	also	ADV
fbem-26247	57	19	curb	curb	VERB
fbem-26247	57	20	self	self	NOUN
fbem-26247	57	21	-	-	PUNCT
fbem-26247	57	22	interested	interested	ADJ
fbem-26247	57	23	behaviors	behavior	NOUN
fbem-26247	57	24	through	through	ADP
fbem-26247	57	25	self	self	NOUN
fbem-26247	57	26	-	-	PUNCT
fbem-26247	57	27	supervision	supervision	NOUN
fbem-26247	57	28	,	,	PUNCT
fbem-26247	57	29	which	which	PRON
fbem-26247	57	30	is	be	AUX
fbem-26247	57	31	conducive	conducive	ADJ
fbem-26247	57	32	to	to	ADP
fbem-26247	57	33	the	the	DET
fbem-26247	57	34	development	development	NOUN
fbem-26247	57	35	of	of	ADP
fbem-26247	57	36	the	the	DET
fbem-26247	57	37	enterprise	enterprise	NOUN
fbem-26247	57	38	.	.	PUNCT
fbem-26247	58	1	on	on	ADP
fbem-26247	58	2	the	the	DET
fbem-26247	58	3	other	other	ADJ
fbem-26247	58	4	hand	hand	NOUN
fbem-26247	58	5	,	,	PUNCT
fbem-26247	58	6	confucian	confucian	ADJ
fbem-26247	58	7	culture	culture	NOUN
fbem-26247	58	8	is	be	AUX
fbem-26247	58	9	conducive	conducive	ADJ
fbem-26247	58	10	to	to	ADP
fbem-26247	58	11	improving	improve	VERB
fbem-26247	58	12	the	the	DET
fbem-26247	58	13	quality	quality	NOUN
fbem-26247	58	14	of	of	ADP
fbem-26247	58	15	corporate	corporate	ADJ
fbem-26247	58	16	information	information	NOUN
fbem-26247	58	17	.	.	PUNCT
fbem-26247	59	1	the	the	PRON
fbem-26247	59	2	stronger	strong	ADJ
fbem-26247	59	3	the	the	DET
fbem-26247	59	4	influence	influence	NOUN
fbem-26247	59	5	of	of	ADP
fbem-26247	59	6	confucian	confucian	ADJ
fbem-26247	59	7	culture	culture	NOUN
fbem-26247	59	8	,	,	PUNCT
fbem-26247	59	9	the	the	PRON
fbem-26247	59	10	higher	high	ADJ
fbem-26247	59	11	the	the	DET
fbem-26247	59	12	proportion	proportion	NOUN
fbem-26247	59	13	of	of	ADP
fbem-26247	59	14	firms	firm	NOUN
fbem-26247	59	15	willing	willing	ADJ
fbem-26247	59	16	to	to	PART
fbem-26247	59	17	disclose	disclose	VERB
fbem-26247	59	18	social	social	ADJ
fbem-26247	59	19	responsibility	responsibility	NOUN
fbem-26247	59	20	information	information	NOUN
fbem-26247	59	21	,	,	PUNCT
fbem-26247	59	22	and	and	CCONJ
fbem-26247	59	23	the	the	PRON
fbem-26247	59	24	higher	high	ADJ
fbem-26247	59	25	the	the	DET
fbem-26247	59	26	quality	quality	NOUN
fbem-26247	59	27	of	of	ADP
fbem-26247	59	28	disclosed	disclose	VERB
fbem-26247	59	29	social	social	ADJ
fbem-26247	59	30	responsibility	responsibility	NOUN
fbem-26247	59	31	information	information	NOUN
fbem-26247	59	32	(	(	PUNCT
fbem-26247	59	33	zou	zou	PROPN
fbem-26247	59	34	,	,	PUNCT
fbem-26247	59	35	2020	2020	NUM
fbem-26247	59	36	)	)	PUNCT
fbem-26247	59	37	.	.	PUNCT
fbem-26247	60	1	meanwhile	meanwhile	ADV
fbem-26247	60	2	,	,	PUNCT
fbem-26247	60	3	from	from	ADP
fbem-26247	60	4	the	the	DET
fbem-26247	60	5	perspective	perspective	NOUN
fbem-26247	60	6	of	of	ADP
fbem-26247	60	7	information	information	NOUN
fbem-26247	60	8	quality	quality	NOUN
fbem-26247	60	9	,	,	PUNCT
fbem-26247	60	10	when	when	SCONJ
fbem-26247	60	11	listed	list	VERB
fbem-26247	60	12	companies	company	NOUN
fbem-26247	60	13	disclose	disclose	VERB
fbem-26247	60	14	information	information	NOUN
fbem-26247	60	15	of	of	ADP
fbem-26247	60	16	higher	high	ADJ
fbem-26247	60	17	quality	quality	NOUN
fbem-26247	60	18	,	,	PUNCT
fbem-26247	60	19	the	the	DET
fbem-26247	60	20	market	market	NOUN
fbem-26247	60	21	will	will	AUX
fbem-26247	60	22	trade	trade	VERB
fbem-26247	60	23	more	more	ADJ
fbem-26247	60	24	company	company	NOUN
fbem-26247	60	25	-	-	PUNCT
fbem-26247	60	26	level	level	NOUN
fbem-26247	60	27	information	information	NOUN
fbem-26247	60	28	,	,	PUNCT
fbem-26247	60	29	which	which	PRON
fbem-26247	60	30	makes	make	VERB
fbem-26247	60	31	share	share	NOUN
fbem-26247	60	32	price	price	NOUN
fbem-26247	60	33	synchronization	synchronization	NOUN
fbem-26247	60	34	decline	decline	NOUN
fbem-26247	60	35	(	(	PUNCT
fbem-26247	60	36	chen	chen	PROPN
fbem-26247	60	37	et	et	PROPN
fbem-26247	60	38	al	al	PROPN
fbem-26247	60	39	,	,	PUNCT
fbem-26247	60	40	2024	2024	NUM
fbem-26247	60	41	)	)	PUNCT
fbem-26247	60	42	.	.	PUNCT
fbem-26247	61	1	the	the	DET
fbem-26247	61	2	moral	moral	ADJ
fbem-26247	61	3	principle	principle	NOUN
fbem-26247	61	4	and	and	CCONJ
fbem-26247	61	5	behavioral	behavioral	ADJ
fbem-26247	61	6	norm	norm	NOUN
fbem-26247	61	7	of	of	ADP
fbem-26247	61	8	“	"	PUNCT
fbem-26247	61	9	honesty	honesty	NOUN
fbem-26247	61	10	”	"	PUNCT
fbem-26247	61	11	has	have	AUX
fbem-26247	61	12	been	be	AUX
fbem-26247	61	13	vigorously	vigorously	ADV
fbem-26247	61	14	promoted	promote	VERB
fbem-26247	61	15	and	and	CCONJ
fbem-26247	61	16	practiced	practice	VERB
fbem-26247	61	17	by	by	ADP
fbem-26247	61	18	confucianism	confucianism	NOUN
fbem-26247	61	19	since	since	SCONJ
fbem-26247	61	20	ancient	ancient	ADJ
fbem-26247	61	21	times	time	NOUN
fbem-26247	61	22	.	.	PUNCT
fbem-26247	62	1	confucius	confucius	PROPN
fbem-26247	62	2	left	leave	VERB
fbem-26247	62	3	behind	behind	ADP
fbem-26247	62	4	a	a	DET
fbem-26247	62	5	powerful	powerful	ADJ
fbem-26247	62	6	sentence	sentence	NOUN
fbem-26247	62	7	in	in	ADP
fbem-26247	62	8	the	the	DET
fbem-26247	62	9	analects	analect	NOUN
fbem-26247	62	10	of	of	ADP
fbem-26247	62	11	confucius	confucius	NOUN
fbem-26247	62	12	:	:	PUNCT
fbem-26247	62	13	“	"	PUNCT
fbem-26247	62	14	if	if	SCONJ
fbem-26247	62	15	a	a	DET
fbem-26247	62	16	man	man	NOUN
fbem-26247	62	17	does	do	AUX
fbem-26247	62	18	not	not	PART
fbem-26247	62	19	have	have	VERB
fbem-26247	62	20	faith	faith	NOUN
fbem-26247	62	21	,	,	PUNCT
fbem-26247	62	22	he	he	PRON
fbem-26247	62	23	does	do	AUX
fbem-26247	62	24	not	not	PART
fbem-26247	62	25	know	know	VERB
fbem-26247	62	26	what	what	PRON
fbem-26247	62	27	he	he	PRON
fbem-26247	62	28	can	can	AUX
fbem-26247	62	29	do	do	VERB
fbem-26247	62	30	.	.	PUNCT
fbem-26247	62	31	”	"	PUNCT
fbem-26247	63	1	this	this	DET
fbem-26247	63	2	sentence	sentence	NOUN
fbem-26247	63	3	profoundly	profoundly	ADV
fbem-26247	63	4	reveals	reveal	VERB
fbem-26247	63	5	the	the	DET
fbem-26247	63	6	importance	importance	NOUN
fbem-26247	63	7	of	of	ADP
fbem-26247	63	8	honesty	honesty	NOUN
fbem-26247	63	9	as	as	ADP
fbem-26247	63	10	the	the	DET
fbem-26247	63	11	cornerstone	cornerstone	NOUN
fbem-26247	63	12	of	of	ADP
fbem-26247	63	13	living	live	VERB
fbem-26247	63	14	in	in	ADP
fbem-26247	63	15	the	the	DET
fbem-26247	63	16	world	world	NOUN
fbem-26247	63	17	.	.	PUNCT
fbem-26247	64	1	confucius	confucius	NOUN
fbem-26247	64	2	again	again	ADV
fbem-26247	64	3	mentioned	mention	VERB
fbem-26247	64	4	in	in	ADP
fbem-26247	64	5	the	the	DET
fbem-26247	64	6	analects	analect	NOUN
fbem-26247	64	7	of	of	ADP
fbem-26247	64	8	214	214	NUM
fbem-26247	64	9	confucius	confucius	PROPN
fbem-26247	64	10	yan	yan	PROPN
fbem-26247	64	11	yuan	yuan	PROPN
fbem-26247	64	12	,	,	PUNCT
fbem-26247	64	13	“	"	PUNCT
fbem-26247	64	14	the	the	DET
fbem-26247	64	15	people	people	NOUN
fbem-26247	64	16	can	can	AUX
fbem-26247	64	17	not	not	PART
fbem-26247	64	18	stand	stand	VERB
fbem-26247	64	19	without	without	ADP
fbem-26247	64	20	faith	faith	NOUN
fbem-26247	64	21	.	.	PUNCT
fbem-26247	64	22	”	"	PUNCT
fbem-26247	65	1	this	this	DET
fbem-26247	65	2	sentence	sentence	NOUN
fbem-26247	65	3	bluntly	bluntly	ADV
fbem-26247	65	4	points	point	VERB
fbem-26247	65	5	out	out	ADP
fbem-26247	65	6	that	that	SCONJ
fbem-26247	65	7	integrity	integrity	NOUN
fbem-26247	65	8	is	be	AUX
fbem-26247	65	9	the	the	DET
fbem-26247	65	10	key	key	NOUN
fbem-26247	65	11	to	to	ADP
fbem-26247	65	12	maintaining	maintain	VERB
fbem-26247	65	13	national	national	ADJ
fbem-26247	65	14	stability	stability	NOUN
fbem-26247	65	15	and	and	CCONJ
fbem-26247	65	16	promoting	promote	VERB
fbem-26247	65	17	social	social	ADJ
fbem-26247	65	18	development	development	NOUN
fbem-26247	65	19	.	.	PUNCT
fbem-26247	66	1	integrity	integrity	NOUN
fbem-26247	66	2	in	in	ADP
fbem-26247	66	3	confucianism	confucianism	NOUN
fbem-26247	66	4	is	be	AUX
fbem-26247	66	5	not	not	PART
fbem-26247	66	6	only	only	ADV
fbem-26247	66	7	an	an	DET
fbem-26247	66	8	external	external	ADJ
fbem-26247	66	9	manifestation	manifestation	NOUN
fbem-26247	66	10	of	of	ADP
fbem-26247	66	11	behavior	behavior	NOUN
fbem-26247	66	12	,	,	PUNCT
fbem-26247	66	13	but	but	CCONJ
fbem-26247	66	14	also	also	ADV
fbem-26247	66	15	an	an	DET
fbem-26247	66	16	internal	internal	ADJ
fbem-26247	66	17	moral	moral	ADJ
fbem-26247	66	18	quality	quality	NOUN
fbem-26247	66	19	.	.	PUNCT
fbem-26247	67	1	it	it	PRON
fbem-26247	67	2	requires	require	VERB
fbem-26247	67	3	people	people	NOUN
fbem-26247	67	4	to	to	PART
fbem-26247	67	5	be	be	AUX
fbem-26247	67	6	consistent	consistent	ADJ
fbem-26247	67	7	in	in	ADP
fbem-26247	67	8	appearance	appearance	NOUN
fbem-26247	67	9	and	and	CCONJ
fbem-26247	67	10	deeds	deed	NOUN
fbem-26247	67	11	,	,	PUNCT
fbem-26247	67	12	internalizing	internalize	VERB
fbem-26247	67	13	integrity	integrity	NOUN
fbem-26247	67	14	in	in	ADP
fbem-26247	67	15	their	their	PRON
fbem-26247	67	16	hearts	heart	NOUN
fbem-26247	67	17	and	and	CCONJ
fbem-26247	67	18	externalizing	externalize	VERB
fbem-26247	67	19	it	it	PRON
fbem-26247	67	20	in	in	ADP
fbem-26247	67	21	their	their	PRON
fbem-26247	67	22	actions	action	NOUN
fbem-26247	67	23	.	.	PUNCT
fbem-26247	68	1	this	this	DET
fbem-26247	68	2	kind	kind	NOUN
fbem-26247	68	3	of	of	ADP
fbem-26247	68	4	thinking	thinking	NOUN
fbem-26247	68	5	not	not	PART
fbem-26247	68	6	only	only	ADV
fbem-26247	68	7	shapes	shape	VERB
fbem-26247	68	8	the	the	DET
fbem-26247	68	9	integrity	integrity	NOUN
fbem-26247	68	10	-	-	PUNCT
fbem-26247	68	11	based	base	VERB
fbem-26247	68	12	values	value	NOUN
fbem-26247	68	13	in	in	ADP
fbem-26247	68	14	confucian	confucian	ADJ
fbem-26247	68	15	culture	culture	NOUN
fbem-26247	68	16	,	,	PUNCT
fbem-26247	68	17	but	but	CCONJ
fbem-26247	68	18	also	also	ADV
fbem-26247	68	19	facilitates	facilitate	VERB
fbem-26247	68	20	modern	modern	ADJ
fbem-26247	68	21	business	business	NOUN
fbem-26247	68	22	management	management	NOUN
fbem-26247	68	23	.	.	PUNCT
fbem-26247	69	1	as	as	ADP
fbem-26247	69	2	a	a	DET
fbem-26247	69	3	result	result	NOUN
fbem-26247	69	4	,	,	PUNCT
fbem-26247	69	5	confucian	confucian	ADJ
fbem-26247	69	6	culture	culture	NOUN
fbem-26247	69	7	helps	help	VERB
fbem-26247	69	8	corporate	corporate	ADJ
fbem-26247	69	9	managers	manager	NOUN
fbem-26247	69	10	to	to	PART
fbem-26247	69	11	disclose	disclose	VERB
fbem-26247	69	12	less	less	ADV
fbem-26247	69	13	false	false	ADJ
fbem-26247	69	14	information	information	NOUN
fbem-26247	69	15	and	and	CCONJ
fbem-26247	69	16	more	more	ADV
fbem-26247	69	17	true	true	ADJ
fbem-26247	69	18	and	and	CCONJ
fbem-26247	69	19	effective	effective	ADJ
fbem-26247	69	20	information	information	NOUN
fbem-26247	69	21	,	,	PUNCT
fbem-26247	69	22	which	which	PRON
fbem-26247	69	23	improves	improve	VERB
fbem-26247	69	24	the	the	DET
fbem-26247	69	25	quality	quality	NOUN
fbem-26247	69	26	of	of	ADP
fbem-26247	69	27	corporate	corporate	ADJ
fbem-26247	69	28	information	information	NOUN
fbem-26247	69	29	and	and	CCONJ
fbem-26247	69	30	further	far	ADV
fbem-26247	69	31	reduces	reduce	VERB
fbem-26247	69	32	stock	stock	NOUN
fbem-26247	69	33	price	price	NOUN
fbem-26247	69	34	synchronization	synchronization	NOUN
fbem-26247	69	35	.	.	PUNCT
fbem-26247	70	1	in	in	ADP
fbem-26247	70	2	summary	summary	NOUN
fbem-26247	70	3	,	,	PUNCT
fbem-26247	70	4	the	the	DET
fbem-26247	70	5	following	follow	VERB
fbem-26247	70	6	hypotheses	hypothesis	NOUN
fbem-26247	70	7	are	be	AUX
fbem-26247	70	8	proposed	propose	VERB
fbem-26247	70	9	:	:	PUNCT
fbem-26247	70	10	h1	h1	PROPN
fbem-26247	70	11	:	:	PUNCT
fbem-26247	70	12	confucianism	confucianism	NOUN
fbem-26247	70	13	can	can	AUX
fbem-26247	70	14	dampen	dampen	VERB
fbem-26247	70	15	stock	stock	NOUN
fbem-26247	70	16	price	price	NOUN
fbem-26247	70	17	synchronization	synchronization	NOUN
fbem-26247	70	18	.	.	PUNCT
fbem-26247	71	1	3	3	X
fbem-26247	71	2	.	.	X
fbem-26247	71	3	research	research	NOUN
fbem-26247	71	4	design	design	PROPN
fbem-26247	71	5	3.1	3.1	NUM
fbem-26247	71	6	.	.	PUNCT
fbem-26247	71	7	sample	sample	NOUN
fbem-26247	71	8	selection	selection	NOUN
fbem-26247	71	9	and	and	CCONJ
fbem-26247	71	10	data	datum	NOUN
fbem-26247	71	11	sources	source	NOUN
fbem-26247	71	12	this	this	DET
fbem-26247	71	13	paper	paper	NOUN
fbem-26247	71	14	selects	select	NOUN
fbem-26247	71	15	chinese	chinese	ADJ
fbem-26247	71	16	listed	list	VERB
fbem-26247	71	17	companies	company	NOUN
fbem-26247	71	18	from	from	ADP
fbem-26247	71	19	2008	2008	NUM
fbem-26247	71	20	to	to	ADP
fbem-26247	71	21	2021	2021	NUM
fbem-26247	71	22	as	as	ADP
fbem-26247	71	23	the	the	DET
fbem-26247	71	24	initial	initial	ADJ
fbem-26247	71	25	research	research	NOUN
fbem-26247	71	26	sample	sample	NOUN
fbem-26247	71	27	and	and	CCONJ
fbem-26247	71	28	adopts	adopt	VERB
fbem-26247	71	29	the	the	DET
fbem-26247	71	30	following	follow	VERB
fbem-26247	71	31	methods	method	NOUN
fbem-26247	71	32	to	to	PART
fbem-26247	71	33	process	process	VERB
fbem-26247	71	34	the	the	DET
fbem-26247	71	35	data	datum	NOUN
fbem-26247	71	36	:	:	PUNCT
fbem-26247	71	37	firstly	firstly	ADV
fbem-26247	71	38	,	,	PUNCT
fbem-26247	71	39	the	the	DET
fbem-26247	71	40	data	datum	NOUN
fbem-26247	71	41	of	of	ADP
fbem-26247	71	42	st	st	PROPN
fbem-26247	71	43	and	and	CCONJ
fbem-26247	71	44	*	*	PROPN
fbem-26247	71	45	st	st	PROPN
fbem-26247	71	46	companies	company	NOUN
fbem-26247	71	47	are	be	AUX
fbem-26247	71	48	excluded	exclude	VERB
fbem-26247	71	49	;	;	PUNCT
fbem-26247	71	50	secondly	secondly	ADV
fbem-26247	71	51	,	,	PUNCT
fbem-26247	71	52	financial	financial	ADJ
fbem-26247	71	53	companies	company	NOUN
fbem-26247	71	54	and	and	CCONJ
fbem-26247	71	55	insolvent	insolvent	ADJ
fbem-26247	71	56	companies	company	NOUN
fbem-26247	71	57	are	be	AUX
fbem-26247	71	58	excluded	exclude	VERB
fbem-26247	71	59	;	;	PUNCT
fbem-26247	71	60	on	on	ADP
fbem-26247	71	61	this	this	DET
fbem-26247	71	62	basis	basis	NOUN
fbem-26247	71	63	,	,	PUNCT
fbem-26247	71	64	the	the	DET
fbem-26247	71	65	missing	miss	VERB
fbem-26247	71	66	parts	part	NOUN
fbem-26247	71	67	of	of	ADP
fbem-26247	71	68	the	the	DET
fbem-26247	71	69	variables	variable	NOUN
fbem-26247	71	70	are	be	AUX
fbem-26247	71	71	further	far	ADV
fbem-26247	71	72	excluded	exclude	VERB
fbem-26247	71	73	and	and	CCONJ
fbem-26247	71	74	the	the	DET
fbem-26247	71	75	main	main	ADJ
fbem-26247	71	76	continuous	continuous	ADJ
fbem-26247	71	77	variables	variable	NOUN
fbem-26247	71	78	are	be	AUX
fbem-26247	71	79	subjected	subject	VERB
fbem-26247	71	80	to	to	ADP
fbem-26247	71	81	a	a	DET
fbem-26247	71	82	1	1	NUM
fbem-26247	71	83	%	%	NOUN
fbem-26247	71	84	to	to	PART
fbem-26247	71	85	99	99	NUM
fbem-26247	71	86	%	%	NOUN
fbem-26247	71	87	shrinking	shrink	VERB
fbem-26247	71	88	treatment	treatment	NOUN
fbem-26247	71	89	for	for	ADP
fbem-26247	71	90	the	the	DET
fbem-26247	71	91	main	main	ADJ
fbem-26247	71	92	continuous	continuous	ADJ
fbem-26247	71	93	variables	variable	NOUN
fbem-26247	71	94	.	.	PUNCT
fbem-26247	72	1	finally	finally	ADV
fbem-26247	72	2	,	,	PUNCT
fbem-26247	72	3	30,727	30,727	NUM
fbem-26247	72	4	sample	sample	NOUN
fbem-26247	72	5	observations	observation	NOUN
fbem-26247	72	6	are	be	AUX
fbem-26247	72	7	obtained	obtain	VERB
fbem-26247	72	8	.	.	PUNCT
fbem-26247	73	1	the	the	DET
fbem-26247	73	2	data	datum	NOUN
fbem-26247	73	3	on	on	ADP
fbem-26247	73	4	the	the	DET
fbem-26247	73	5	number	number	NOUN
fbem-26247	73	6	of	of	ADP
fbem-26247	73	7	incomes	income	NOUN
fbem-26247	73	8	used	use	VERB
fbem-26247	73	9	in	in	ADP
fbem-26247	73	10	this	this	DET
fbem-26247	73	11	paper	paper	NOUN
fbem-26247	73	12	come	come	VERB
fbem-26247	73	13	from	from	ADP
fbem-26247	73	14	the	the	DET
fbem-26247	73	15	china	china	PROPN
fbem-26247	73	16	biographical	biographical	PROPN
fbem-26247	73	17	database	database	NOUN
fbem-26247	73	18	,	,	PUNCT
fbem-26247	73	19	and	and	CCONJ
fbem-26247	73	20	the	the	DET
fbem-26247	73	21	rest	rest	NOUN
fbem-26247	73	22	are	be	AUX
fbem-26247	73	23	obtained	obtain	VERB
fbem-26247	73	24	from	from	ADP
fbem-26247	73	25	the	the	DET
fbem-26247	73	26	csmar	csmar	PROPN
fbem-26247	73	27	and	and	CCONJ
fbem-26247	73	28	wind	wind	NOUN
fbem-26247	73	29	databases	database	NOUN
fbem-26247	73	30	.	.	PUNCT
fbem-26247	74	1	3.2	3.2	NUM
fbem-26247	74	2	.	.	PUNCT
fbem-26247	75	1	variable	variable	ADJ
fbem-26247	75	2	definition	definition	NOUN
fbem-26247	75	3	3.2.1	3.2.1	NUM
fbem-26247	75	4	.	.	PUNCT
fbem-26247	76	1	dependent	dependent	ADJ
fbem-26247	76	2	variable	variable	NOUN
fbem-26247	76	3	:	:	PUNCT
fbem-26247	76	4	stock	stock	NOUN
fbem-26247	76	5	price	price	NOUN
fbem-26247	76	6	synchronization	synchronization	NOUN
fbem-26247	76	7	(	(	PUNCT
fbem-26247	76	8	synch	synch	NOUN
fbem-26247	76	9	)	)	PUNCT
fbem-26247	76	10	drawing	draw	VERB
fbem-26247	76	11	on	on	ADP
fbem-26247	76	12	existing	exist	VERB
fbem-26247	76	13	literature	literature	NOUN
fbem-26247	76	14	(	(	PUNCT
fbem-26247	76	15	gul	gul	PROPN
fbem-26247	76	16	et	et	PROPN
fbem-26247	76	17	al	al	PROPN
fbem-26247	76	18	.	.	PROPN
fbem-26247	76	19	,	,	PUNCT
fbem-26247	76	20	2010	2010	NUM
fbem-26247	76	21	;	;	PUNCT
fbem-26247	76	22	xu	xu	PROPN
fbem-26247	76	23	et	et	PROPN
fbem-26247	76	24	al	al	PROPN
fbem-26247	76	25	.	.	PROPN
fbem-26247	76	26	,	,	PUNCT
fbem-26247	76	27	2013	2013	NUM
fbem-26247	76	28	)	)	PUNCT
fbem-26247	77	1	,	,	PUNCT
fbem-26247	77	2	this	this	DET
fbem-26247	77	3	paper	paper	NOUN
fbem-26247	77	4	calculates	calculate	VERB
fbem-26247	77	5	the	the	DET
fbem-26247	77	6	stock	stock	NOUN
fbem-26247	77	7	price	price	NOUN
fbem-26247	77	8	synchronization	synchronization	NOUN
fbem-26247	77	9	process	process	NOUN
fbem-26247	77	10	as	as	SCONJ
fbem-26247	77	11	follows	follow	VERB
fbem-26247	77	12	.	.	PUNCT
fbem-26247	78	1	regression	regression	NOUN
fbem-26247	78	2	on	on	ADP
fbem-26247	78	3	weekly	weekly	ADJ
fbem-26247	78	4	return	return	NOUN
fbem-26247	78	5	data	datum	NOUN
fbem-26247	78	6	for	for	ADP
fbem-26247	78	7	stock	stock	NOUN
fbem-26247	78	8	i	i	NOUN
fbem-26247	78	9	:	:	PUNCT
fbem-26247	78	10	𝑅𝑖,𝑤,𝑡	𝑅𝑖,𝑤,𝑡	PROPN
fbem-26247	78	11	=	=	SYM
fbem-26247	78	12	𝛼0	𝛼0	PROPN
fbem-26247	78	13	+	+	CCONJ
fbem-26247	78	14	𝛼1𝑅𝑀,𝑤,𝑡	𝛼1𝑅𝑀,𝑤,𝑡	PROPN
fbem-26247	78	15	+	+	CCONJ
fbem-26247	78	16	𝛼2𝑅𝑀,𝑤−1,𝑡	𝛼2𝑅𝑀,𝑤−1,𝑡	NUM
fbem-26247	78	17	+	+	CCONJ
fbem-26247	78	18	𝛼3𝑅𝐼,𝑤,𝑡	𝛼3𝑅𝐼,𝑤,𝑡	NUM
fbem-26247	78	19	+	+	CCONJ
fbem-26247	78	20	𝛼4𝑅𝑖,𝑤−1,𝑡	𝛼4𝑅𝑖,𝑤−1,𝑡	ADJ
fbem-26247	78	21	+	+	NUM
fbem-26247	78	22	𝜀𝑖,𝑤,𝑡	𝜀𝑖,𝑤,𝑡	X
fbem-26247	78	23	(	(	PUNCT
fbem-26247	78	24	1	1	NUM
fbem-26247	78	25	)	)	PUNCT
fbem-26247	78	26	where	where	SCONJ
fbem-26247	78	27	is	be	AUX
fbem-26247	78	28	the	the	DET
fbem-26247	78	29	return	return	NOUN
fbem-26247	78	30	of	of	ADP
fbem-26247	78	31	stock	stock	NOUN
fbem-26247	78	32	i	i	PRON
fbem-26247	78	33	in	in	ADP
fbem-26247	78	34	week	week	NOUN
fbem-26247	78	35	w	w	PROPN
fbem-26247	78	36	of	of	ADP
fbem-26247	78	37	year	year	NOUN
fbem-26247	78	38	t	t	NOUN
fbem-26247	78	39	considering	consider	VERB
fbem-26247	78	40	reinvestment	reinvestment	NOUN
fbem-26247	78	41	of	of	ADP
fbem-26247	78	42	cash	cash	NOUN
fbem-26247	78	43	dividends	dividend	NOUN
fbem-26247	78	44	;	;	PUNCT
fbem-26247	78	45	is	be	AUX
fbem-26247	78	46	the	the	DET
fbem-26247	78	47	weighted	weighted	ADJ
fbem-26247	78	48	average	average	ADJ
fbem-26247	78	49	return	return	NOUN
fbem-26247	78	50	on	on	ADP
fbem-26247	78	51	the	the	DET
fbem-26247	78	52	outstanding	outstanding	ADJ
fbem-26247	78	53	market	market	NOUN
fbem-26247	78	54	capitalization	capitalization	NOUN
fbem-26247	78	55	of	of	ADP
fbem-26247	78	56	all	all	DET
fbem-26247	78	57	a	a	DET
fbem-26247	78	58	-	-	PUNCT
fbem-26247	78	59	share	share	NOUN
fbem-26247	78	60	companies	company	NOUN
fbem-26247	78	61	in	in	ADP
fbem-26247	78	62	week	week	NOUN
fbem-26247	78	63	w	w	PROPN
fbem-26247	78	64	of	of	ADP
fbem-26247	78	65	year	year	NOUN
fbem-26247	78	66	t	t	PROPN
fbem-26247	78	67	;	;	PUNCT
fbem-26247	78	68	and	and	CCONJ
fbem-26247	78	69	is	be	AUX
fbem-26247	78	70	the	the	DET
fbem-26247	78	71	weighted	weighted	ADJ
fbem-26247	78	72	average	average	ADJ
fbem-26247	78	73	return	return	NOUN
fbem-26247	78	74	on	on	ADP
fbem-26247	78	75	the	the	DET
fbem-26247	78	76	outstanding	outstanding	ADJ
fbem-26247	78	77	market	market	NOUN
fbem-26247	78	78	capitalization	capitalization	NOUN
fbem-26247	78	79	of	of	ADP
fbem-26247	78	80	other	other	ADJ
fbem-26247	78	81	stocks	stock	NOUN
fbem-26247	78	82	in	in	ADP
fbem-26247	78	83	the	the	DET
fbem-26247	78	84	industry	industry	NOUN
fbem-26247	78	85	in	in	ADP
fbem-26247	78	86	which	which	PRON
fbem-26247	78	87	stock	stock	NOUN
fbem-26247	78	88	i	i	PRON
fbem-26247	78	89	operates	operate	VERB
fbem-26247	78	90	in	in	ADP
fbem-26247	78	91	week	week	NOUN
fbem-26247	78	92	w	w	PROPN
fbem-26247	78	93	of	of	ADP
fbem-26247	78	94	year	year	NOUN
fbem-26247	78	95	t	t	NOUN
fbem-26247	78	96	excluding	exclude	VERB
fbem-26247	78	97	stock	stock	NOUN
fbem-26247	78	98	i	i	PROPN
fbem-26247	78	99	,	,	PUNCT
fbem-26247	78	100	which	which	PRON
fbem-26247	78	101	is	be	AUX
fbem-26247	78	102	calculated	calculate	VERB
fbem-26247	78	103	.	.	PUNCT
fbem-26247	79	1	the	the	DET
fbem-26247	79	2	pairs	pair	NOUN
fbem-26247	79	3	are	be	AUX
fbem-26247	79	4	logarithmized	logarithmized	ADJ
fbem-26247	79	5	to	to	PART
fbem-26247	79	6	obtain	obtain	VERB
fbem-26247	79	7	as	as	ADP
fbem-26247	79	8	an	an	DET
fbem-26247	79	9	indicator	indicator	NOUN
fbem-26247	79	10	of	of	ADP
fbem-26247	79	11	stock	stock	NOUN
fbem-26247	79	12	price	price	NOUN
fbem-26247	79	13	synchronicity	synchronicity	NOUN
fbem-26247	79	14	for	for	ADP
fbem-26247	79	15	stock	stock	NOUN
fbem-26247	79	16	i	i	PRON
fbem-26247	79	17	in	in	ADP
fbem-26247	79	18	year	year	NOUN
fbem-26247	79	19	t	t	PROPN
fbem-26247	79	20	:	:	PUNCT
fbem-26247	79	21	𝑆𝑌𝑁𝐶𝐻𝑖,𝑡	𝑆𝑌𝑁𝐶𝐻𝑖,𝑡	ADJ
fbem-26247	79	22	=	=	PUNCT
fbem-26247	79	23	𝑙𝑛(𝑅𝑖,𝑡	𝑙𝑛(𝑅𝑖,𝑡	NOUN
fbem-26247	79	24	2	2	NUM
fbem-26247	79	25	/1	/1	NOUN
fbem-26247	79	26	−	−	NOUN
fbem-26247	80	1	𝑅𝑖,𝑡	𝑅𝑖,𝑡	NOUN
fbem-26247	80	2	2	2	NUM
fbem-26247	80	3	)	)	PUNCT
fbem-26247	80	4	(	(	PUNCT
fbem-26247	80	5	2	2	NUM
fbem-26247	80	6	)	)	PUNCT
fbem-26247	80	7	3.2.2	3.2.2	NUM
fbem-26247	80	8	.	.	PUNCT
fbem-26247	81	1	independent	independent	ADJ
fbem-26247	81	2	variable	variable	NOUN
fbem-26247	81	3	:	:	PUNCT
fbem-26247	81	4	confucianism	confucianism	NOUN
fbem-26247	81	5	(	(	PUNCT
fbem-26247	81	6	js200	js200	PROPN
fbem-26247	81	7	)	)	PUNCT
fbem-26247	81	8	in	in	ADP
fbem-26247	81	9	this	this	DET
fbem-26247	81	10	paper	paper	NOUN
fbem-26247	81	11	,	,	PUNCT
fbem-26247	81	12	we	we	PRON
fbem-26247	81	13	refer	refer	VERB
fbem-26247	81	14	to	to	ADP
fbem-26247	81	15	the	the	DET
fbem-26247	81	16	practice	practice	NOUN
fbem-26247	81	17	of	of	ADP
fbem-26247	81	18	existing	exist	VERB
fbem-26247	81	19	studies	study	NOUN
fbem-26247	81	20	and	and	CCONJ
fbem-26247	81	21	use	use	VERB
fbem-26247	81	22	the	the	DET
fbem-26247	81	23	jinshi	jinshi	PROPN
fbem-26247	81	24	of	of	ADP
fbem-26247	81	25	the	the	DET
fbem-26247	81	26	ming	ming	PROPN
fbem-26247	81	27	and	and	CCONJ
fbem-26247	81	28	qing	qing	NOUN
fbem-26247	81	29	dynasties	dynasty	NOUN
fbem-26247	81	30	as	as	ADP
fbem-26247	81	31	a	a	DET
fbem-26247	81	32	measure	measure	NOUN
fbem-26247	81	33	of	of	ADP
fbem-26247	81	34	confucian	confucian	ADJ
fbem-26247	81	35	culture	culture	NOUN
fbem-26247	81	36	.	.	PUNCT
fbem-26247	82	1	the	the	DET
fbem-26247	82	2	specific	specific	ADJ
fbem-26247	82	3	method	method	NOUN
fbem-26247	82	4	of	of	ADP
fbem-26247	82	5	calculating	calculate	VERB
fbem-26247	82	6	the	the	DET
fbem-26247	82	7	indicator	indicator	NOUN
fbem-26247	82	8	of	of	ADP
fbem-26247	82	9	confucian	confucian	ADJ
fbem-26247	82	10	culture	culture	NOUN
fbem-26247	82	11	in	in	ADP
fbem-26247	82	12	this	this	DET
fbem-26247	82	13	paper	paper	NOUN
fbem-26247	82	14	is	be	AUX
fbem-26247	82	15	the	the	DET
fbem-26247	82	16	number	number	NOUN
fbem-26247	82	17	of	of	ADP
fbem-26247	82	18	jinshi	jinshi	PROPN
fbem-26247	82	19	centered	center	VERB
fbem-26247	82	20	on	on	ADP
fbem-26247	82	21	the	the	DET
fbem-26247	82	22	address	address	NOUN
fbem-26247	82	23	of	of	ADP
fbem-26247	82	24	a	a	DET
fbem-26247	82	25	listed	list	VERB
fbem-26247	82	26	company	company	NOUN
fbem-26247	82	27	with	with	ADP
fbem-26247	82	28	a	a	DET
fbem-26247	82	29	radius	radius	NOUN
fbem-26247	82	30	of	of	ADP
fbem-26247	82	31	two	two	NUM
fbem-26247	82	32	hundred	hundred	NUM
fbem-26247	82	33	miles	mile	NOUN
fbem-26247	82	34	(	(	PUNCT
fbem-26247	82	35	js200	js200	PROPN
fbem-26247	82	36	,	,	PUNCT
fbem-26247	82	37	divided	divide	VERB
fbem-26247	82	38	by	by	ADP
fbem-26247	82	39	1000	1000	NUM
fbem-26247	82	40	)	)	PUNCT
fbem-26247	82	41	.	.	PUNCT
fbem-26247	83	1	the	the	DET
fbem-26247	83	2	imperial	imperial	ADJ
fbem-26247	83	3	examination	examination	NOUN
fbem-26247	83	4	system	system	NOUN
fbem-26247	83	5	is	be	AUX
fbem-26247	83	6	a	a	DET
fbem-26247	83	7	confucianism	confucianism	NOUN
fbem-26247	83	8	-	-	PUNCT
fbem-26247	83	9	derived	derive	VERB
fbem-26247	83	10	system	system	NOUN
fbem-26247	83	11	for	for	ADP
fbem-26247	83	12	selecting	select	VERB
fbem-26247	83	13	officials	official	NOUN
fbem-26247	83	14	.	.	PUNCT
fbem-26247	84	1	most	most	ADJ
fbem-26247	84	2	of	of	ADP
fbem-26247	84	3	the	the	DET
fbem-26247	84	4	examinations	examination	NOUN
fbem-26247	84	5	for	for	ADP
fbem-26247	84	6	the	the	DET
fbem-26247	84	7	imperial	imperial	ADJ
fbem-26247	84	8	examinations	examination	NOUN
fbem-26247	84	9	were	be	AUX
fbem-26247	84	10	based	base	VERB
fbem-26247	84	11	on	on	ADP
fbem-26247	84	12	confucian	confucian	ADJ
fbem-26247	84	13	classics	classic	NOUN
fbem-26247	84	14	,	,	PUNCT
fbem-26247	84	15	such	such	ADJ
fbem-26247	84	16	as	as	ADP
fbem-26247	84	17	the	the	DET
fbem-26247	84	18	analects	analect	NOUN
fbem-26247	84	19	of	of	ADP
fbem-26247	84	20	confucius	confucius	NOUN
fbem-26247	84	21	,	,	PUNCT
fbem-26247	84	22	mencius	mencius	NOUN
fbem-26247	84	23	,	,	PUNCT
fbem-26247	84	24	the	the	DET
fbem-26247	84	25	classic	classic	NOUN
fbem-26247	84	26	of	of	ADP
fbem-26247	84	27	poetry	poetry	NOUN
fbem-26247	84	28	,	,	PUNCT
fbem-26247	84	29	the	the	DET
fbem-26247	84	30	book	book	NOUN
fbem-26247	84	31	of	of	ADP
fbem-26247	84	32	changes	change	NOUN
fbem-26247	84	33	,	,	PUNCT
fbem-26247	84	34	the	the	DET
fbem-26247	84	35	book	book	NOUN
fbem-26247	84	36	of	of	ADP
fbem-26247	84	37	rites	rite	NOUN
fbem-26247	84	38	,	,	PUNCT
fbem-26247	84	39	and	and	CCONJ
fbem-26247	84	40	the	the	DET
fbem-26247	84	41	book	book	NOUN
fbem-26247	84	42	of	of	ADP
fbem-26247	84	43	zhou	zhou	PROPN
fbem-26247	84	44	yi	yi	PROPN
fbem-26247	84	45	.	.	PUNCT
fbem-26247	85	1	this	this	DET
fbem-26247	85	2	practice	practice	NOUN
fbem-26247	85	3	not	not	PART
fbem-26247	85	4	only	only	ADV
fbem-26247	85	5	strengthened	strengthen	VERB
fbem-26247	85	6	the	the	DET
fbem-26247	85	7	influence	influence	NOUN
fbem-26247	85	8	of	of	ADP
fbem-26247	85	9	confucianism	confucianism	NOUN
fbem-26247	85	10	among	among	ADP
fbem-26247	85	11	the	the	DET
fbem-26247	85	12	scholarly	scholarly	ADJ
fbem-26247	85	13	class	class	NOUN
fbem-26247	85	14	,	,	PUNCT
fbem-26247	85	15	but	but	CCONJ
fbem-26247	85	16	also	also	ADV
fbem-26247	85	17	enabled	enable	VERB
fbem-26247	85	18	the	the	DET
fbem-26247	85	19	spread	spread	NOUN
fbem-26247	85	20	of	of	ADP
fbem-26247	85	21	confucian	confucian	ADJ
fbem-26247	85	22	culture	culture	NOUN
fbem-26247	85	23	at	at	ADP
fbem-26247	85	24	a	a	DET
fbem-26247	85	25	broader	broad	ADJ
fbem-26247	85	26	social	social	ADJ
fbem-26247	85	27	level	level	NOUN
fbem-26247	85	28	.	.	PUNCT
fbem-26247	86	1	3.2.3	3.2.3	X
fbem-26247	86	2	.	.	X
fbem-26247	86	3	control	control	NOUN
fbem-26247	86	4	variables	variable	NOUN
fbem-26247	86	5	drawing	draw	VERB
fbem-26247	86	6	on	on	ADP
fbem-26247	86	7	existing	exist	VERB
fbem-26247	86	8	studies	study	NOUN
fbem-26247	86	9	,	,	PUNCT
fbem-26247	86	10	this	this	DET
fbem-26247	86	11	paper	paper	NOUN
fbem-26247	86	12	controls	control	VERB
fbem-26247	86	13	for	for	ADP
fbem-26247	86	14	the	the	DET
fbem-26247	86	15	following	follow	VERB
fbem-26247	86	16	firm	firm	ADJ
fbem-26247	86	17	-	-	PUNCT
fbem-26247	86	18	level	level	NOUN
fbem-26247	86	19	variables	variable	NOUN
fbem-26247	86	20	,	,	PUNCT
fbem-26247	86	21	specifically	specifically	ADV
fbem-26247	86	22	:	:	PUNCT
fbem-26247	86	23	whether	whether	SCONJ
fbem-26247	86	24	or	or	CCONJ
fbem-26247	86	25	not	not	PART
fbem-26247	86	26	there	there	PRON
fbem-26247	86	27	are	be	VERB
fbem-26247	86	28	four	four	NUM
fbem-26247	86	29	major	major	ADJ
fbem-26247	86	30	(	(	PUNCT
fbem-26247	86	31	big4	big4	PROPN
fbem-26247	86	32	)	)	PUNCT
fbem-26247	86	33	,	,	PUNCT
fbem-26247	86	34	capital	capital	NOUN
fbem-26247	86	35	utilization	utilization	NOUN
fbem-26247	86	36	by	by	ADP
fbem-26247	86	37	major	major	ADJ
fbem-26247	86	38	shareholders	shareholder	NOUN
fbem-26247	86	39	(	(	PUNCT
fbem-26247	86	40	occupy	occupy	NOUN
fbem-26247	86	41	)	)	PUNCT
fbem-26247	86	42	,	,	PUNCT
fbem-26247	86	43	growth	growth	NOUN
fbem-26247	86	44	rate	rate	NOUN
fbem-26247	86	45	of	of	ADP
fbem-26247	86	46	operating	operate	VERB
fbem-26247	86	47	income	income	NOUN
fbem-26247	86	48	(	(	PUNCT
fbem-26247	86	49	growth	growth	NOUN
fbem-26247	86	50	)	)	PUNCT
fbem-26247	86	51	,	,	PUNCT
fbem-26247	86	52	management	management	NOUN
fbem-26247	86	53	expense	expense	NOUN
fbem-26247	86	54	ratio	ratio	NOUN
fbem-26247	86	55	(	(	PUNCT
fbem-26247	86	56	mfee	mfee	PROPN
fbem-26247	86	57	)	)	PUNCT
fbem-26247	86	58	,	,	PUNCT
fbem-26247	86	59	price	price	NOUN
fbem-26247	86	60	-	-	PUNCT
fbem-26247	86	61	to	to	ADP
fbem-26247	86	62	-	-	PUNCT
fbem-26247	86	63	book	book	NOUN
fbem-26247	86	64	ratio	ratio	NOUN
fbem-26247	86	65	(	(	PUNCT
fbem-26247	86	66	pb	pb	PROPN
fbem-26247	86	67	)	)	PUNCT
fbem-26247	86	68	,	,	PUNCT
fbem-26247	86	69	chairman	chairman	NOUN
fbem-26247	86	70	's	's	PART
fbem-26247	86	71	ownership	ownership	NOUN
fbem-26247	86	72	ratio	ratio	NOUN
fbem-26247	86	73	(	(	PUNCT
fbem-26247	86	74	chairholdr	chairholdr	NOUN
fbem-26247	86	75	)	)	PUNCT
fbem-26247	86	76	,	,	PUNCT
fbem-26247	86	77	basic	basic	ADJ
fbem-26247	86	78	earnings	earning	NOUN
fbem-26247	86	79	per	per	ADP
fbem-26247	86	80	share	share	NOUN
fbem-26247	86	81	(	(	PUNCT
fbem-26247	86	82	eps	eps	PROPN
fbem-26247	86	83	)	)	PUNCT
fbem-26247	86	84	,	,	PUNCT
fbem-26247	86	85	and	and	CCONJ
fbem-26247	86	86	annual	annual	ADJ
fbem-26247	86	87	individual	individual	ADJ
fbem-26247	86	88	stock	stock	NOUN
fbem-26247	86	89	return	return	NOUN
fbem-26247	86	90	(	(	PUNCT
fbem-26247	86	91	asr	asr	PROPN
fbem-26247	86	92	)	)	PUNCT
fbem-26247	86	93	.	.	PUNCT
fbem-26247	87	1	industry	industry	NOUN
fbem-26247	87	2	and	and	CCONJ
fbem-26247	87	3	year	year	NOUN
fbem-26247	87	4	effects	effect	NOUN
fbem-26247	87	5	are	be	AUX
fbem-26247	87	6	also	also	ADV
fbem-26247	87	7	controlled	control	VERB
fbem-26247	87	8	for	for	ADP
fbem-26247	87	9	.	.	PUNCT
fbem-26247	88	1	the	the	DET
fbem-26247	88	2	main	main	ADJ
fbem-26247	88	3	variables	variable	NOUN
fbem-26247	88	4	are	be	AUX
fbem-26247	88	5	defined	define	VERB
fbem-26247	88	6	in	in	ADP
fbem-26247	88	7	table	table	NOUN
fbem-26247	88	8	1	1	NUM
fbem-26247	88	9	.	.	PUNCT
fbem-26247	88	10	table	table	NOUN
fbem-26247	88	11	1	1	NUM
fbem-26247	88	12	.	.	PUNCT
fbem-26247	89	1	definition	definition	NOUN
fbem-26247	89	2	of	of	ADP
fbem-26247	89	3	main	main	ADJ
fbem-26247	89	4	variables	variable	NOUN
fbem-26247	89	5	variable	variable	ADJ
fbem-26247	89	6	type	type	NOUN
fbem-26247	89	7	variable	variable	ADJ
fbem-26247	89	8	name	name	NOUN
fbem-26247	89	9	variable	variable	ADJ
fbem-26247	89	10	symbol	symbol	NOUN
fbem-26247	89	11	variable	variable	ADJ
fbem-26247	89	12	definition	definition	NOUN
fbem-26247	89	13	dependent	dependent	ADJ
fbem-26247	89	14	variable	variable	ADJ
fbem-26247	89	15	stock	stock	NOUN
fbem-26247	89	16	price	price	NOUN
fbem-26247	89	17	synchronization	synchronization	NOUN
fbem-26247	89	18	synch	synch	NOUN
fbem-26247	89	19	reflects	reflect	VERB
fbem-26247	89	20	the	the	DET
fbem-26247	89	21	correlation	correlation	NOUN
fbem-26247	89	22	between	between	ADP
fbem-26247	89	23	the	the	DET
fbem-26247	89	24	volatility	volatility	NOUN
fbem-26247	89	25	of	of	ADP
fbem-26247	89	26	individual	individual	ADJ
fbem-26247	89	27	stocks	stock	NOUN
fbem-26247	89	28	and	and	CCONJ
fbem-26247	89	29	the	the	DET
fbem-26247	89	30	volatility	volatility	NOUN
fbem-26247	89	31	of	of	ADP
fbem-26247	89	32	the	the	DET
fbem-26247	89	33	market	market	NOUN
fbem-26247	89	34	as	as	ADP
fbem-26247	89	35	a	a	DET
fbem-26247	89	36	whole	whole	ADJ
fbem-26247	89	37	independent	independent	ADJ
fbem-26247	89	38	variable	variable	ADJ
fbem-26247	89	39	confucianism	confucianism	NOUN
fbem-26247	89	40	js200	js200	PROPN
fbem-26247	89	41	the	the	DET
fbem-26247	89	42	number	number	NOUN
fbem-26247	89	43	of	of	ADP
fbem-26247	89	44	scholars	scholar	NOUN
fbem-26247	89	45	in	in	ADP
fbem-26247	89	46	a	a	DET
fbem-26247	89	47	two	two	NUM
fbem-26247	89	48	-	-	PUNCT
fbem-26247	89	49	hundred	hundred	NUM
fbem-26247	89	50	-	-	PUNCT
fbem-26247	89	51	mile	mile	NOUN
fbem-26247	89	52	radius	radius	NOUN
fbem-26247	89	53	(	(	PUNCT
fbem-26247	89	54	js200	js200	PROPN
fbem-26247	89	55	,	,	PUNCT
fbem-26247	89	56	divided	divide	VERB
fbem-26247	89	57	by	by	ADP
fbem-26247	89	58	1,000	1,000	NUM
fbem-26247	89	59	)	)	PUNCT
fbem-26247	89	60	control	control	NOUN
fbem-26247	89	61	variables	variable	NOUN
fbem-26247	89	62	are	be	AUX
fbem-26247	89	63	the	the	DET
fbem-26247	89	64	big	big	ADJ
fbem-26247	89	65	four	four	NUM
fbem-26247	89	66	?	?	PUNCT
fbem-26247	90	1	big4	big4	NOUN
fbem-26247	90	2	1	1	NUM
fbem-26247	90	3	if	if	SCONJ
fbem-26247	90	4	the	the	DET
fbem-26247	90	5	company	company	NOUN
fbem-26247	90	6	is	be	AUX
fbem-26247	90	7	audited	audit	VERB
fbem-26247	90	8	by	by	ADP
fbem-26247	90	9	a	a	DET
fbem-26247	90	10	big	big	ADJ
fbem-26247	90	11	4	4	NUM
fbem-26247	90	12	accounting	accounting	NOUN
fbem-26247	90	13	firm	firm	NOUN
fbem-26247	90	14	and	and	CCONJ
fbem-26247	90	15	0	0	NUM
fbem-26247	90	16	otherwise	otherwise	ADV
fbem-26247	90	17	.	.	PUNCT
fbem-26247	91	1	utilization	utilization	NOUN
fbem-26247	91	2	of	of	ADP
fbem-26247	91	3	funds	fund	NOUN
fbem-26247	91	4	by	by	ADP
fbem-26247	91	5	major	major	ADJ
fbem-26247	91	6	shareholders	shareholder	NOUN
fbem-26247	91	7	occupy	occupy	VERB
fbem-26247	91	8	other	other	ADJ
fbem-26247	91	9	receivables	receivables	NOUN
fbem-26247	91	10	divided	divide	VERB
fbem-26247	91	11	by	by	ADP
fbem-26247	91	12	total	total	ADJ
fbem-26247	91	13	assets	asset	NOUN
fbem-26247	91	14	revenue	revenue	NOUN
fbem-26247	91	15	growth	growth	NOUN
fbem-26247	91	16	rate	rate	NOUN
fbem-26247	91	17	growth	growth	NOUN
fbem-26247	91	18	net	net	ADJ
fbem-26247	91	19	profit	profit	NOUN
fbem-26247	91	20	divided	divide	VERB
fbem-26247	91	21	by	by	ADP
fbem-26247	91	22	total	total	ADJ
fbem-26247	91	23	assets	asset	NOUN
fbem-26247	91	24	management	management	NOUN
fbem-26247	91	25	cost	cost	NOUN
fbem-26247	91	26	ratio	ratio	NOUN
fbem-26247	91	27	mfee	mfee	PROPN
fbem-26247	91	28	administrative	administrative	ADJ
fbem-26247	91	29	expenses	expense	NOUN
fbem-26247	91	30	divided	divide	VERB
fbem-26247	91	31	by	by	ADP
fbem-26247	91	32	operating	operate	VERB
fbem-26247	91	33	income	income	NOUN
fbem-26247	91	34	market	market	NOUN
fbem-26247	91	35	capitalization	capitalization	NOUN
fbem-26247	91	36	ratio	ratio	NOUN
fbem-26247	91	37	pb	pb	ADP
fbem-26247	91	38	price	price	NOUN
fbem-26247	91	39	per	per	ADP
fbem-26247	91	40	share	share	NOUN
fbem-26247	91	41	/	/	SYM
fbem-26247	91	42	net	net	ADJ
fbem-26247	91	43	assets	asset	NOUN
fbem-26247	91	44	per	per	ADP
fbem-26247	91	45	share	share	NOUN
fbem-26247	91	46	chairman	chairman	NOUN
fbem-26247	91	47	's	's	PART
fbem-26247	91	48	shareholding	shareholding	NOUN
fbem-26247	91	49	chairholdr	chairholdr	ADJ
fbem-26247	91	50	capital	capital	PROPN
fbem-26247	91	51	contribution	contribution	NOUN
fbem-26247	91	52	/	/	SYM
fbem-26247	91	53	registered	register	VERB
fbem-26247	91	54	capital	capital	NOUN
fbem-26247	91	55	basic	basic	ADJ
fbem-26247	91	56	earnings	earning	NOUN
fbem-26247	91	57	per	per	ADP
fbem-26247	91	58	share	share	NOUN
fbem-26247	91	59	eps	eps	PROPN
fbem-26247	91	60	net	net	ADJ
fbem-26247	91	61	profit	profit	NOUN
fbem-26247	91	62	/	/	SYM
fbem-26247	91	63	total	total	NOUN
fbem-26247	91	64	equity	equity	NOUN
fbem-26247	91	65	yearly	yearly	ADJ
fbem-26247	91	66	individual	individual	ADJ
fbem-26247	91	67	stock	stock	NOUN
fbem-26247	91	68	returns	return	NOUN
fbem-26247	91	69	asr	asr	NOUN
fbem-26247	92	1	[	[	X
fbem-26247	92	2	(	(	PUNCT
fbem-26247	92	3	income	income	NOUN
fbem-26247	92	4	from	from	ADP
fbem-26247	92	5	investments)÷investment	investments)÷investment	ADJ
fbem-26247	92	6	days]*365	days]*365	NOUN
fbem-26247	92	7	×	×	NOUN
fbem-26247	92	8	100	100	NUM
fbem-26247	92	9	%	%	NOUN
fbem-26247	92	10	year	year	NOUN
fbem-26247	92	11	year	year	NOUN
fbem-26247	92	12	year	year	NOUN
fbem-26247	92	13	dummy	dummy	ADJ
fbem-26247	92	14	variable	variable	ADJ
fbem-26247	92	15	industry	industry	NOUN
fbem-26247	92	16	ind	ind	NOUN
fbem-26247	92	17	industry	industry	NOUN
fbem-26247	92	18	dummy	dummy	NOUN
fbem-26247	92	19	variables	variable	VERB
fbem-26247	92	20	3.3	3.3	NUM
fbem-26247	92	21	.	.	PUNCT
fbem-26247	93	1	model	model	NOUN
fbem-26247	93	2	setup	setup	NOUN
fbem-26247	93	3	to	to	PART
fbem-26247	93	4	test	test	VERB
fbem-26247	93	5	the	the	DET
fbem-26247	93	6	effect	effect	NOUN
fbem-26247	93	7	of	of	ADP
fbem-26247	93	8	confucian	confucian	ADJ
fbem-26247	93	9	culture	culture	NOUN
fbem-26247	93	10	on	on	ADP
fbem-26247	93	11	stock	stock	NOUN
fbem-26247	93	12	price	price	NOUN
fbem-26247	93	13	synchronization	synchronization	NOUN
fbem-26247	93	14	,	,	PUNCT
fbem-26247	93	15	this	this	DET
fbem-26247	93	16	paper	paper	NOUN
fbem-26247	93	17	constructs	construct	VERB
fbem-26247	93	18	the	the	DET
fbem-26247	93	19	following	follow	VERB
fbem-26247	93	20	regression	regression	NOUN
fbem-26247	93	21	model	model	NOUN
fbem-26247	93	22	:	:	PUNCT
fbem-26247	93	23	𝑆𝑌𝑁𝐶𝐻𝑖,𝑡	𝑆𝑌𝑁𝐶𝐻𝑖,𝑡	ADJ
fbem-26247	93	24	=	=	SYM
fbem-26247	93	25	𝛼0	𝛼0	PROPN
fbem-26247	93	26	+	+	CCONJ
fbem-26247	94	1	𝛼1𝐽𝑆200𝑖,𝑡	𝛼1𝐽𝑆200𝑖,𝑡	PROPN
fbem-26247	94	2	+	+	CCONJ
fbem-26247	94	3	𝛼2∑𝑐𝑜𝑛𝑡𝑟𝑜𝑙𝑠	𝛼2∑𝑐𝑜𝑛𝑡𝑟𝑜𝑙𝑠	PROPN
fbem-26247	94	4	+	+	NUM
fbem-26247	94	5	∑𝑌𝑒𝑎𝑟	∑𝑌𝑒𝑎𝑟	NOUN
fbem-26247	94	6	+	+	X
fbem-26247	94	7	∑𝐼𝑛𝑑𝑢𝑠𝑡𝑟𝑦	∑𝐼𝑛𝑑𝑢𝑠𝑡𝑟𝑦	ADV
fbem-26247	95	1	+	+	PUNCT
fbem-26247	95	2	𝜀𝑖,𝑡	𝜀𝑖,𝑡	X
fbem-26247	95	3	(	(	PUNCT
fbem-26247	95	4	3	3	NUM
fbem-26247	95	5	)	)	PUNCT
fbem-26247	95	6	215	215	NUM
fbem-26247	95	7	where	where	SCONJ
fbem-26247	95	8	is	be	AUX
fbem-26247	95	9	stock	stock	NOUN
fbem-26247	95	10	price	price	NOUN
fbem-26247	95	11	synchronization	synchronization	NOUN
fbem-26247	95	12	,	,	PUNCT
fbem-26247	95	13	is	be	AUX
fbem-26247	95	14	confucian	confucian	ADJ
fbem-26247	95	15	culture	culture	NOUN
fbem-26247	95	16	,	,	PUNCT
fbem-26247	95	17	denotes	denote	VERB
fbem-26247	95	18	a	a	DET
fbem-26247	95	19	series	series	NOUN
fbem-26247	95	20	of	of	ADP
fbem-26247	95	21	control	control	NOUN
fbem-26247	95	22	variables	variable	NOUN
fbem-26247	95	23	,	,	PUNCT
fbem-26247	95	24	and	and	CCONJ
fbem-26247	95	25	is	be	AUX
fbem-26247	95	26	the	the	DET
fbem-26247	95	27	error	error	NOUN
fbem-26247	95	28	term	term	NOUN
fbem-26247	95	29	.	.	PUNCT
fbem-26247	96	1	if	if	SCONJ
fbem-26247	96	2	the	the	DET
fbem-26247	96	3	regression	regression	NOUN
fbem-26247	96	4	coefficient	coefficient	NOUN
fbem-26247	96	5	of	of	ADP
fbem-26247	96	6	confucian	confucian	ADJ
fbem-26247	96	7	culture	culture	NOUN
fbem-26247	96	8	is	be	AUX
fbem-26247	96	9	significantly	significantly	ADV
fbem-26247	96	10	negative	negative	ADJ
fbem-26247	96	11	,	,	PUNCT
fbem-26247	96	12	it	it	PRON
fbem-26247	96	13	means	mean	VERB
fbem-26247	96	14	that	that	SCONJ
fbem-26247	96	15	confucian	confucian	ADJ
fbem-26247	96	16	culture	culture	NOUN
fbem-26247	96	17	can	can	AUX
fbem-26247	96	18	inhibit	inhibit	VERB
fbem-26247	96	19	stock	stock	NOUN
fbem-26247	96	20	price	price	NOUN
fbem-26247	96	21	synchronization	synchronization	NOUN
fbem-26247	96	22	and	and	CCONJ
fbem-26247	96	23	h1	h1	NOUN
fbem-26247	96	24	holds	hold	NOUN
fbem-26247	96	25	.	.	PUNCT
fbem-26247	97	1	4	4	X
fbem-26247	97	2	.	.	NOUN
fbem-26247	97	3	empirical	empirical	ADJ
fbem-26247	97	4	results	result	NOUN
fbem-26247	97	5	and	and	CCONJ
fbem-26247	97	6	analysis	analysis	NOUN
fbem-26247	97	7	4.1	4.1	NUM
fbem-26247	97	8	.	.	PUNCT
fbem-26247	98	1	descriptive	descriptive	ADJ
fbem-26247	98	2	statistics	statistic	NOUN
fbem-26247	98	3	table	table	NOUN
fbem-26247	98	4	2	2	NUM
fbem-26247	98	5	presents	present	VERB
fbem-26247	98	6	the	the	DET
fbem-26247	98	7	descriptive	descriptive	ADJ
fbem-26247	98	8	statistics	statistic	NOUN
fbem-26247	98	9	of	of	ADP
fbem-26247	98	10	the	the	DET
fbem-26247	98	11	main	main	ADJ
fbem-26247	98	12	variables	variable	NOUN
fbem-26247	98	13	in	in	ADP
fbem-26247	98	14	this	this	DET
fbem-26247	98	15	paper	paper	NOUN
fbem-26247	98	16	,	,	PUNCT
fbem-26247	98	17	and	and	CCONJ
fbem-26247	98	18	it	it	PRON
fbem-26247	98	19	can	can	AUX
fbem-26247	98	20	be	be	AUX
fbem-26247	98	21	seen	see	VERB
fbem-26247	98	22	that	that	SCONJ
fbem-26247	98	23	the	the	DET
fbem-26247	98	24	mean	mean	ADJ
fbem-26247	98	25	value	value	NOUN
fbem-26247	98	26	of	of	ADP
fbem-26247	98	27	synch	synch	NOUN
fbem-26247	98	28	is	be	AUX
fbem-26247	98	29	-0.3759	-0.3759	PROPN
fbem-26247	98	30	,	,	PUNCT
fbem-26247	98	31	the	the	DET
fbem-26247	98	32	standard	standard	ADJ
fbem-26247	98	33	deviation	deviation	NOUN
fbem-26247	98	34	is	be	AUX
fbem-26247	98	35	0.9491	0.9491	NUM
fbem-26247	98	36	,	,	PUNCT
fbem-26247	98	37	the	the	DET
fbem-26247	98	38	minimum	minimum	ADJ
fbem-26247	98	39	value	value	NOUN
fbem-26247	98	40	is	be	AUX
fbem-26247	98	41	-3.0735	-3.0735	ADJ
fbem-26247	98	42	,	,	PUNCT
fbem-26247	98	43	and	and	CCONJ
fbem-26247	98	44	the	the	DET
fbem-26247	98	45	maximum	maximum	ADJ
fbem-26247	98	46	value	value	NOUN
fbem-26247	98	47	is	be	AUX
fbem-26247	98	48	1.4875	1.4875	NUM
fbem-26247	98	49	.	.	PUNCT
fbem-26247	99	1	this	this	PRON
fbem-26247	99	2	indicates	indicate	VERB
fbem-26247	99	3	that	that	SCONJ
fbem-26247	99	4	there	there	PRON
fbem-26247	99	5	is	be	VERB
fbem-26247	99	6	a	a	DET
fbem-26247	99	7	large	large	ADJ
fbem-26247	99	8	variability	variability	NOUN
fbem-26247	99	9	in	in	ADP
fbem-26247	99	10	the	the	DET
fbem-26247	99	11	stock	stock	NOUN
fbem-26247	99	12	prices	price	NOUN
fbem-26247	99	13	among	among	ADP
fbem-26247	99	14	different	different	ADJ
fbem-26247	99	15	companies	company	NOUN
fbem-26247	99	16	.	.	PUNCT
fbem-26247	100	1	the	the	DET
fbem-26247	100	2	mean	mean	ADJ
fbem-26247	100	3	value	value	NOUN
fbem-26247	100	4	of	of	ADP
fbem-26247	100	5	js200	js200	PROPN
fbem-26247	100	6	is	be	AUX
fbem-26247	100	7	3.5611	3.5611	NUM
fbem-26247	100	8	,	,	PUNCT
fbem-26247	100	9	the	the	DET
fbem-26247	100	10	standard	standard	ADJ
fbem-26247	100	11	deviation	deviation	NOUN
fbem-26247	100	12	is	be	AUX
fbem-26247	100	13	3.3938	3.3938	NUM
fbem-26247	100	14	,	,	PUNCT
fbem-26247	100	15	the	the	DET
fbem-26247	100	16	minimum	minimum	ADJ
fbem-26247	100	17	value	value	NOUN
fbem-26247	100	18	is	be	AUX
fbem-26247	100	19	0	0	NUM
fbem-26247	100	20	,	,	PUNCT
fbem-26247	100	21	and	and	CCONJ
fbem-26247	100	22	the	the	DET
fbem-26247	100	23	maximum	maximum	ADJ
fbem-26247	100	24	value	value	NOUN
fbem-26247	100	25	is	be	AUX
fbem-26247	100	26	10.4920	10.4920	NUM
fbem-26247	100	27	,	,	PUNCT
fbem-26247	100	28	indicating	indicate	VERB
fbem-26247	100	29	that	that	SCONJ
fbem-26247	100	30	there	there	PRON
fbem-26247	100	31	are	be	VERB
fbem-26247	100	32	significant	significant	ADJ
fbem-26247	100	33	differences	difference	NOUN
fbem-26247	100	34	in	in	ADP
fbem-26247	100	35	the	the	DET
fbem-26247	100	36	geographical	geographical	ADJ
fbem-26247	100	37	distribution	distribution	NOUN
fbem-26247	100	38	of	of	ADP
fbem-26247	100	39	confucianism	confucianism	NOUN
fbem-26247	100	40	.	.	PUNCT
fbem-26247	101	1	other	other	ADJ
fbem-26247	101	2	variables	variable	NOUN
fbem-26247	101	3	are	be	AUX
fbem-26247	101	4	generally	generally	ADV
fbem-26247	101	5	evenly	evenly	ADV
fbem-26247	101	6	distributed	distribute	VERB
fbem-26247	101	7	with	with	ADP
fbem-26247	101	8	no	no	DET
fbem-26247	101	9	extreme	extreme	ADJ
fbem-26247	101	10	outliers	outlier	NOUN
fbem-26247	101	11	,	,	PUNCT
fbem-26247	101	12	indicating	indicate	VERB
fbem-26247	101	13	a	a	DET
fbem-26247	101	14	more	more	ADV
fbem-26247	101	15	reasonable	reasonable	ADJ
fbem-26247	101	16	choice	choice	NOUN
fbem-26247	101	17	of	of	ADP
fbem-26247	101	18	control	control	NOUN
fbem-26247	101	19	variables	variable	NOUN
fbem-26247	101	20	and	and	CCONJ
fbem-26247	101	21	a	a	DET
fbem-26247	101	22	high	high	ADJ
fbem-26247	101	23	degree	degree	NOUN
fbem-26247	101	24	of	of	ADP
fbem-26247	101	25	consistency	consistency	NOUN
fbem-26247	101	26	with	with	ADP
fbem-26247	101	27	the	the	DET
fbem-26247	101	28	existing	exist	VERB
fbem-26247	101	29	literature	literature	NOUN
fbem-26247	101	30	.	.	PUNCT
fbem-26247	102	1	table	table	NOUN
fbem-26247	102	2	2	2	NUM
fbem-26247	102	3	.	.	PUNCT
fbem-26247	102	4	descriptive	descriptive	ADJ
fbem-26247	102	5	statistics	statistic	NOUN
fbem-26247	102	6	variable	variable	NOUN
fbem-26247	103	1	n	n	PRON
fbem-26247	103	2	mean	mean	VERB
fbem-26247	103	3	sd	sd	ADP
fbem-26247	103	4	p50	p50	NOUN
fbem-26247	103	5	min	min	PROPN
fbem-26247	103	6	max	max	PROPN
fbem-26247	103	7	synch	synch	VERB
fbem-26247	103	8	30727	30727	NUM
fbem-26247	103	9	-0.3759	-0.3759	NOUN
fbem-26247	103	10	0.9491	0.9491	NUM
fbem-26247	103	11	-0.2852	-0.2852	NOUN
fbem-26247	103	12	-3.0735	-3.0735	NOUN
fbem-26247	104	1	1.4875	1.4875	NUM
fbem-26247	104	2	js200	js200	PROPN
fbem-26247	104	3	30727	30727	NUM
fbem-26247	104	4	3.5611	3.5611	NUM
fbem-26247	104	5	3.3938	3.3938	NUM
fbem-26247	104	6	2.0380	2.0380	NUM
fbem-26247	104	7	0.0000	0.0000	NUM
fbem-26247	104	8	10.4920	10.4920	NUM
fbem-26247	104	9	big4	big4	NOUN
fbem-26247	104	10	30727	30727	NUM
fbem-26247	104	11	0.0592	0.0592	NUM
fbem-26247	104	12	0.2360	0.2360	NUM
fbem-26247	104	13	0.0000	0.0000	NUM
fbem-26247	104	14	0.0000	0.0000	NUM
fbem-26247	104	15	1.0000	1.0000	NUM
fbem-26247	104	16	occupy	occupy	NOUN
fbem-26247	104	17	30727	30727	NUM
fbem-26247	104	18	0.0154	0.0154	NUM
fbem-26247	104	19	0.0223	0.0223	NUM
fbem-26247	104	20	0.0076	0.0076	NUM
fbem-26247	104	21	0.0002	0.0002	NUM
fbem-26247	104	22	0.1262	0.1262	NUM
fbem-26247	104	23	growth	growth	NOUN
fbem-26247	104	24	30727	30727	NUM
fbem-26247	104	25	0.1704	0.1704	NUM
fbem-26247	104	26	0.3582	0.3582	NUM
fbem-26247	104	27	0.1154	0.1154	NUM
fbem-26247	104	28	-0.5114	-0.5114	NOUN
fbem-26247	104	29	1.8656	1.8656	NUM
fbem-26247	104	30	mfee	mfee	NOUN
fbem-26247	104	31	30727	30727	NUM
fbem-26247	104	32	0.0864	0.0864	NUM
fbem-26247	104	33	0.0653	0.0653	NUM
fbem-26247	104	34	0.0700	0.0700	NUM
fbem-26247	104	35	0.0096	0.0096	NUM
fbem-26247	104	36	0.3748	0.3748	NUM
fbem-26247	104	37	pb	pb	ADP
fbem-26247	104	38	30727	30727	NUM
fbem-26247	104	39	3.4678	3.4678	NUM
fbem-26247	104	40	2.7506	2.7506	NUM
fbem-26247	104	41	2.6423	2.6423	NUM
fbem-26247	104	42	0.5791	0.5791	NUM
fbem-26247	104	43	16.1750	16.1750	NUM
fbem-26247	104	44	chairholdr	chairholdr	NOUN
fbem-26247	104	45	30727	30727	NUM
fbem-26247	104	46	7.9781	7.9781	NUM
fbem-26247	104	47	13.5452	13.5452	NUM
fbem-26247	104	48	0.0100	0.0100	NUM
fbem-26247	104	49	0.0000	0.0000	NUM
fbem-26247	104	50	54.2900	54.2900	NUM
fbem-26247	104	51	eps	eps	X
fbem-26247	104	52	30727	30727	NUM
fbem-26247	104	53	0.3660	0.3660	NUM
fbem-26247	104	54	0.5515	0.5515	NUM
fbem-26247	104	55	0.2700	0.2700	NUM
fbem-26247	104	56	-1.2600	-1.2600	NOUN
fbem-26247	104	57	2.8500	2.8500	NUM
fbem-26247	104	58	asr	asr	NOUN
fbem-26247	104	59	30727	30727	NUM
fbem-26247	104	60	0.1419	0.1419	NUM
fbem-26247	104	61	0.5568	0.5568	NUM
fbem-26247	104	62	0.0139	0.0139	NUM
fbem-26247	104	63	-0.6728	-0.6728	NOUN
fbem-26247	104	64	2.2387	2.2387	NUM
fbem-26247	104	65	4.2	4.2	NUM
fbem-26247	104	66	.	.	PUNCT
fbem-26247	105	1	regression	regression	NOUN
fbem-26247	105	2	to	to	ADP
fbem-26247	105	3	basics	basic	NOUN
fbem-26247	105	4	table	table	NOUN
fbem-26247	105	5	3	3	NUM
fbem-26247	105	6	.	.	PUNCT
fbem-26247	106	1	regression	regression	NOUN
fbem-26247	106	2	results	result	NOUN
fbem-26247	106	3	(	(	PUNCT
fbem-26247	106	4	1	1	NUM
fbem-26247	106	5	)	)	PUNCT
fbem-26247	106	6	synch	synch	NOUN
fbem-26247	106	7	(	(	PUNCT
fbem-26247	106	8	2	2	NUM
fbem-26247	106	9	)	)	PUNCT
fbem-26247	106	10	synch	synch	NOUN
fbem-26247	106	11	js200	js200	PROPN
fbem-26247	106	12	-0.0111	-0.0111	PROPN
fbem-26247	106	13	*	*	PUNCT
fbem-26247	107	1	*	*	PUNCT
fbem-26247	107	2	*	*	PUNCT
fbem-26247	107	3	(	(	PUNCT
fbem-26247	107	4	-6.99	-6.99	NOUN
fbem-26247	107	5	)	)	PUNCT
fbem-26247	107	6	-0.0036	-0.0036	NOUN
fbem-26247	108	1	*	*	PUNCT
fbem-26247	108	2	*	*	PUNCT
fbem-26247	108	3	*	*	PUNCT
fbem-26247	108	4	(	(	PUNCT
fbem-26247	108	5	-2.9228	-2.9228	NOUN
fbem-26247	108	6	)	)	PUNCT
fbem-26247	108	7	big4	big4	NOUN
fbem-26247	108	8	0.0795	0.0795	NUM
fbem-26247	108	9	*	*	PUNCT
fbem-26247	108	10	*	*	PUNCT
fbem-26247	108	11	*	*	PUNCT
fbem-26247	108	12	(	(	PUNCT
fbem-26247	108	13	4.5107	4.5107	NUM
fbem-26247	108	14	)	)	PUNCT
fbem-26247	108	15	occupy	occupy	VERB
fbem-26247	108	16	-0.6665	-0.6665	NOUN
fbem-26247	108	17	*	*	PUNCT
fbem-26247	108	18	*	*	PUNCT
fbem-26247	108	19	*	*	PUNCT
fbem-26247	108	20	(	(	PUNCT
fbem-26247	108	21	-3.4663	-3.4663	NOUN
fbem-26247	108	22	)	)	PUNCT
fbem-26247	108	23	growth	growth	NOUN
fbem-26247	108	24	-0.1105	-0.1105	NOUN
fbem-26247	108	25	*	*	PUNCT
fbem-26247	109	1	*	*	PUNCT
fbem-26247	109	2	*	*	PUNCT
fbem-26247	109	3	(	(	PUNCT
fbem-26247	109	4	-9.0454	-9.0454	NOUN
fbem-26247	109	5	)	)	PUNCT
fbem-26247	109	6	mfee	mfee	NOUN
fbem-26247	109	7	-0.4259	-0.4259	NOUN
fbem-26247	109	8	*	*	PUNCT
fbem-26247	110	1	*	*	PUNCT
fbem-26247	110	2	*	*	PUNCT
fbem-26247	110	3	(	(	PUNCT
fbem-26247	110	4	-5.8323	-5.8323	ADJ
fbem-26247	110	5	)	)	PUNCT
fbem-26247	110	6	pb	pb	ADP
fbem-26247	110	7	-0.0430	-0.0430	VERB
fbem-26247	110	8	*	*	PUNCT
fbem-26247	110	9	*	*	PUNCT
fbem-26247	110	10	*	*	PUNCT
fbem-26247	110	11	(	(	PUNCT
fbem-26247	110	12	-23.8029	-23.8029	NOUN
fbem-26247	110	13	)	)	PUNCT
fbem-26247	110	14	chairholdr	chairholdr	ADJ
fbem-26247	110	15	-0.0035	-0.0035	NOUN
fbem-26247	110	16	*	*	PUNCT
fbem-26247	110	17	*	*	PUNCT
fbem-26247	110	18	*	*	PUNCT
fbem-26247	110	19	(	(	PUNCT
fbem-26247	110	20	-10.8010	-10.8010	INTJ
fbem-26247	110	21	)	)	PUNCT
fbem-26247	110	22	eps	eps	ADP
fbem-26247	110	23	0.1433	0.1433	NUM
fbem-26247	110	24	*	*	PUNCT
fbem-26247	110	25	*	*	PUNCT
fbem-26247	110	26	*	*	PUNCT
fbem-26247	110	27	(	(	PUNCT
fbem-26247	110	28	17.6067	17.6067	NUM
fbem-26247	110	29	)	)	PUNCT
fbem-26247	110	30	asr	asr	NOUN
fbem-26247	110	31	-0.3191	-0.3191	PROPN
fbem-26247	111	1	*	*	PUNCT
fbem-26247	111	2	*	*	PUNCT
fbem-26247	111	3	*	*	PUNCT
fbem-26247	111	4	(	(	PUNCT
fbem-26247	111	5	-28.7694	-28.7694	PUNCT
fbem-26247	111	6	)	)	PUNCT
fbem-26247	111	7	_	_	NOUN
fbem-26247	111	8	cons	con	NOUN
fbem-26247	111	9	-0.336	-0.336	NOUN
fbem-26247	111	10	*	*	PUNCT
fbem-26247	111	11	*	*	PUNCT
fbem-26247	111	12	*	*	PUNCT
fbem-26247	111	13	(	(	PUNCT
fbem-26247	111	14	-42.87	-42.87	PROPN
fbem-26247	111	15	)	)	PUNCT
fbem-26247	111	16	0.5724	0.5724	NUM
fbem-26247	111	17	*	*	PUNCT
fbem-26247	111	18	*	*	PUNCT
fbem-26247	111	19	*	*	PUNCT
fbem-26247	111	20	(	(	PUNCT
fbem-26247	111	21	13.5669	13.5669	NUM
fbem-26247	111	22	)	)	PUNCT
fbem-26247	112	1	year&ind	year&ind	NOUN
fbem-26247	113	1	no	no	INTJ
fbem-26247	113	2	yes	yes	INTJ
fbem-26247	114	1	n	n	CCONJ
fbem-26247	114	2	30727	30727	NUM
fbem-26247	114	3	30727	30727	NUM
fbem-26247	114	4	r2	r2	PROPN
fbem-26247	114	5	0.0016	0.0016	NUM
fbem-26247	114	6	0.4452	0.4452	NUM
fbem-26247	114	7	the	the	DET
fbem-26247	114	8	first	first	ADJ
fbem-26247	114	9	and	and	CCONJ
fbem-26247	114	10	second	second	ADJ
fbem-26247	114	11	columns	column	NOUN
fbem-26247	114	12	of	of	ADP
fbem-26247	114	13	table	table	NOUN
fbem-26247	114	14	3	3	NUM
fbem-26247	114	15	present	present	VERB
fbem-26247	114	16	the	the	DET
fbem-26247	114	17	results	result	NOUN
fbem-26247	114	18	of	of	ADP
fbem-26247	114	19	the	the	DET
fbem-26247	114	20	effect	effect	NOUN
fbem-26247	114	21	of	of	ADP
fbem-26247	114	22	confucian	confucian	ADJ
fbem-26247	114	23	culture	culture	NOUN
fbem-26247	114	24	on	on	ADP
fbem-26247	114	25	stock	stock	NOUN
fbem-26247	114	26	price	price	NOUN
fbem-26247	114	27	synchronization	synchronization	NOUN
fbem-26247	114	28	.	.	PUNCT
fbem-26247	115	1	the	the	DET
fbem-26247	115	2	first	first	ADJ
fbem-26247	115	3	column	column	NOUN
fbem-26247	115	4	presents	present	VERB
fbem-26247	115	5	the	the	DET
fbem-26247	115	6	results	result	NOUN
fbem-26247	115	7	of	of	ADP
fbem-26247	115	8	a	a	DET
fbem-26247	115	9	univariate	univariate	ADJ
fbem-26247	115	10	regression	regression	NOUN
fbem-26247	115	11	with	with	ADP
fbem-26247	115	12	significantly	significantly	ADV
fbem-26247	115	13	negative	negative	ADJ
fbem-26247	115	14	coefficients	coefficient	NOUN
fbem-26247	115	15	on	on	ADP
fbem-26247	115	16	confucian	confucian	ADJ
fbem-26247	115	17	culture	culture	NOUN
fbem-26247	115	18	and	and	CCONJ
fbem-26247	115	19	stock	stock	NOUN
fbem-26247	115	20	price	price	NOUN
fbem-26247	115	21	synchronization	synchronization	NOUN
fbem-26247	115	22	,	,	PUNCT
fbem-26247	115	23	initially	initially	ADV
fbem-26247	115	24	verifying	verify	VERB
fbem-26247	115	25	hypothesis	hypothesis	NOUN
fbem-26247	115	26	1	1	NUM
fbem-26247	115	27	.	.	PUNCT
fbem-26247	116	1	the	the	DET
fbem-26247	116	2	second	second	ADJ
fbem-26247	116	3	column	column	NOUN
fbem-26247	116	4	,	,	PUNCT
fbem-26247	116	5	on	on	ADP
fbem-26247	116	6	the	the	DET
fbem-26247	116	7	other	other	ADJ
fbem-26247	116	8	hand	hand	NOUN
fbem-26247	116	9	,	,	PUNCT
fbem-26247	116	10	presents	present	VERB
fbem-26247	116	11	the	the	DET
fbem-26247	116	12	results	result	NOUN
fbem-26247	116	13	of	of	ADP
fbem-26247	116	14	the	the	DET
fbem-26247	116	15	regression	regression	NOUN
fbem-26247	116	16	after	after	ADP
fbem-26247	116	17	controlling	control	VERB
fbem-26247	116	18	for	for	ADP
fbem-26247	116	19	a	a	DET
fbem-26247	116	20	range	range	NOUN
fbem-26247	116	21	of	of	ADP
fbem-26247	116	22	control	control	NOUN
fbem-26247	116	23	variables	variable	NOUN
fbem-26247	116	24	as	as	ADV
fbem-26247	116	25	well	well	ADV
fbem-26247	116	26	as	as	ADP
fbem-26247	116	27	year	year	NOUN
fbem-26247	116	28	and	and	CCONJ
fbem-26247	116	29	industry	industry	NOUN
fbem-26247	116	30	effects	effect	NOUN
fbem-26247	116	31	.	.	PUNCT
fbem-26247	117	1	as	as	SCONJ
fbem-26247	117	2	can	can	AUX
fbem-26247	117	3	be	be	AUX
fbem-26247	117	4	seen	see	VERB
fbem-26247	117	5	in	in	ADP
fbem-26247	117	6	column	column	NOUN
fbem-26247	117	7	2	2	NUM
fbem-26247	117	8	,	,	PUNCT
fbem-26247	117	9	the	the	DET
fbem-26247	117	10	estimated	estimate	VERB
fbem-26247	117	11	coefficient	coefficient	NOUN
fbem-26247	117	12	on	on	ADP
fbem-26247	117	13	confucian	confucian	ADJ
fbem-26247	117	14	culture	culture	NOUN
fbem-26247	117	15	is	be	AUX
fbem-26247	117	16	significant	significant	ADJ
fbem-26247	117	17	at	at	ADP
fbem-26247	117	18	the	the	DET
fbem-26247	117	19	1	1	NUM
fbem-26247	117	20	%	%	NOUN
fbem-26247	117	21	level	level	NOUN
fbem-26247	117	22	of	of	ADP
fbem-26247	117	23	significance	significance	NOUN
fbem-26247	117	24	.	.	PUNCT
fbem-26247	118	1	in	in	ADP
fbem-26247	118	2	addition	addition	NOUN
fbem-26247	118	3	,	,	PUNCT
fbem-26247	118	4	each	each	DET
fbem-26247	118	5	1	1	NUM
fbem-26247	118	6	%	%	NOUN
fbem-26247	118	7	increase	increase	NOUN
fbem-26247	118	8	in	in	ADP
fbem-26247	118	9	the	the	DET
fbem-26247	118	10	number	number	NOUN
fbem-26247	118	11	of	of	ADP
fbem-26247	118	12	confucian	confucian	ADJ
fbem-26247	118	13	cultures	culture	NOUN
fbem-26247	118	14	reduces	reduce	VERB
fbem-26247	118	15	the	the	DET
fbem-26247	118	16	level	level	NOUN
fbem-26247	118	17	of	of	ADP
fbem-26247	118	18	firms	firm	NOUN
fbem-26247	118	19	'	'	PART
fbem-26247	118	20	stock	stock	NOUN
fbem-26247	118	21	price	price	NOUN
fbem-26247	118	22	synchronization	synchronization	NOUN
fbem-26247	118	23	by	by	ADP
fbem-26247	118	24	0.0036	0.0036	NUM
fbem-26247	118	25	percentage	percentage	NOUN
fbem-26247	118	26	points	point	NOUN
fbem-26247	118	27	.	.	PUNCT
fbem-26247	119	1	this	this	PRON
fbem-26247	119	2	suggests	suggest	VERB
fbem-26247	119	3	that	that	SCONJ
fbem-26247	119	4	an	an	DET
fbem-26247	119	5	increase	increase	NOUN
fbem-26247	119	6	in	in	ADP
fbem-26247	119	7	confucian	confucian	ADJ
fbem-26247	119	8	culture	culture	NOUN
fbem-26247	119	9	has	have	VERB
fbem-26247	119	10	a	a	DET
fbem-26247	119	11	significant	significant	ADJ
fbem-26247	119	12	inhibitory	inhibitory	ADJ
fbem-26247	119	13	effect	effect	NOUN
fbem-26247	119	14	on	on	ADP
fbem-26247	119	15	firms	firm	NOUN
fbem-26247	119	16	'	'	PART
fbem-26247	119	17	stock	stock	NOUN
fbem-26247	119	18	price	price	NOUN
fbem-26247	119	19	synchronization	synchronization	NOUN
fbem-26247	119	20	,	,	PUNCT
fbem-26247	119	21	further	far	ADV
fbem-26247	119	22	validating	validate	VERB
fbem-26247	119	23	hypothesis	hypothesis	NOUN
fbem-26247	119	24	1	1	NUM
fbem-26247	119	25	,	,	PUNCT
fbem-26247	119	26	all	all	DET
fbem-26247	119	27	other	other	ADJ
fbem-26247	119	28	things	thing	NOUN
fbem-26247	119	29	being	be	AUX
fbem-26247	119	30	held	hold	VERB
fbem-26247	119	31	constant	constant	ADJ
fbem-26247	119	32	.	.	PUNCT
fbem-26247	120	1	4.3	4.3	NUM
fbem-26247	120	2	.	.	PUNCT
fbem-26247	120	3	robustness	robustness	NOUN
fbem-26247	120	4	check	check	NOUN
fbem-26247	120	5	4.3.1	4.3.1	NUM
fbem-26247	120	6	.	.	PUNCT
fbem-26247	121	1	replacement	replacement	NOUN
fbem-26247	121	2	of	of	ADP
fbem-26247	121	3	independent	independent	ADJ
fbem-26247	121	4	variables	variable	NOUN
fbem-26247	121	5	table	table	NOUN
fbem-26247	121	6	4	4	NUM
fbem-26247	121	7	.	.	PUNCT
fbem-26247	122	1	replacement	replacement	NOUN
fbem-26247	122	2	of	of	ADP
fbem-26247	122	3	independent	independent	ADJ
fbem-26247	122	4	variables	variable	NOUN
fbem-26247	122	5	(	(	PUNCT
fbem-26247	122	6	1	1	NUM
fbem-26247	122	7	)	)	PUNCT
fbem-26247	122	8	synch	synch	NOUN
fbem-26247	122	9	(	(	PUNCT
fbem-26247	122	10	2	2	NUM
fbem-26247	122	11	)	)	PUNCT
fbem-26247	122	12	synch	synch	NOUN
fbem-26247	122	13	js100	js100	PROPN
fbem-26247	122	14	-0.0084	-0.0084	PROPN
fbem-26247	123	1	*	*	PUNCT
fbem-26247	123	2	*	*	PUNCT
fbem-26247	123	3	*	*	PUNCT
fbem-26247	123	4	(	(	PUNCT
fbem-26247	123	5	-2.7982	-2.7982	NOUN
fbem-26247	123	6	)	)	PUNCT
fbem-26247	123	7	js300	js300	PROPN
fbem-26247	123	8	-0.0021	-0.0021	PUNCT
fbem-26247	124	1	*	*	PUNCT
fbem-26247	124	2	*	*	PUNCT
fbem-26247	124	3	(	(	PUNCT
fbem-26247	124	4	-2.2072	-2.2072	NOUN
fbem-26247	124	5	)	)	PUNCT
fbem-26247	124	6	big4	big4	PROPN
fbem-26247	124	7	0.0782	0.0782	NUM
fbem-26247	124	8	*	*	PUNCT
fbem-26247	124	9	*	*	PUNCT
fbem-26247	124	10	*	*	PUNCT
fbem-26247	124	11	(	(	PUNCT
fbem-26247	124	12	4.4382	4.4382	NUM
fbem-26247	124	13	)	)	PUNCT
fbem-26247	124	14	0.0785	0.0785	NUM
fbem-26247	124	15	*	*	PUNCT
fbem-26247	124	16	*	*	PUNCT
fbem-26247	124	17	*	*	PUNCT
fbem-26247	124	18	(	(	PUNCT
fbem-26247	124	19	4.4554	4.4554	NUM
fbem-26247	124	20	)	)	PUNCT
fbem-26247	124	21	occupy	occupy	NOUN
fbem-26247	124	22	-0.6631	-0.6631	NOUN
fbem-26247	124	23	*	*	PUNCT
fbem-26247	125	1	*	*	PUNCT
fbem-26247	125	2	*	*	PUNCT
fbem-26247	125	3	(	(	PUNCT
fbem-26247	125	4	-3.4489	-3.4489	ADJ
fbem-26247	125	5	)	)	PUNCT
fbem-26247	125	6	-0.6647	-0.6647	PUNCT
fbem-26247	126	1	*	*	PUNCT
fbem-26247	126	2	*	*	PUNCT
fbem-26247	126	3	*	*	PUNCT
fbem-26247	126	4	(	(	PUNCT
fbem-26247	126	5	-3.4566	-3.4566	NOUN
fbem-26247	126	6	)	)	PUNCT
fbem-26247	126	7	growth	growth	NOUN
fbem-26247	126	8	-0.1104	-0.1104	NOUN
fbem-26247	127	1	*	*	PUNCT
fbem-26247	127	2	*	*	PUNCT
fbem-26247	127	3	*	*	PUNCT
fbem-26247	127	4	(	(	PUNCT
fbem-26247	127	5	-9.0377	-9.0377	NOUN
fbem-26247	127	6	)	)	PUNCT
fbem-26247	127	7	-0.1104	-0.1104	NOUN
fbem-26247	128	1	*	*	PUNCT
fbem-26247	128	2	*	*	PUNCT
fbem-26247	128	3	*	*	PUNCT
fbem-26247	128	4	(	(	PUNCT
fbem-26247	128	5	-9.0407	-9.0407	NOUN
fbem-26247	128	6	)	)	PUNCT
fbem-26247	128	7	mfee	mfee	NOUN
fbem-26247	128	8	-0.4262	-0.4262	NOUN
fbem-26247	129	1	*	*	PUNCT
fbem-26247	129	2	*	*	PUNCT
fbem-26247	129	3	*	*	PUNCT
fbem-26247	129	4	(	(	PUNCT
fbem-26247	129	5	-5.8353	-5.8353	PROPN
fbem-26247	129	6	)	)	PUNCT
fbem-26247	129	7	-0.4260	-0.4260	PROPN
fbem-26247	130	1	*	*	PUNCT
fbem-26247	130	2	*	*	PUNCT
fbem-26247	130	3	*	*	PUNCT
fbem-26247	130	4	(	(	PUNCT
fbem-26247	130	5	-5.8301	-5.8301	NOUN
fbem-26247	130	6	)	)	PUNCT
fbem-26247	130	7	pb	pb	ADP
fbem-26247	130	8	-0.0430	-0.0430	VERB
fbem-26247	130	9	*	*	PUNCT
fbem-26247	130	10	*	*	PUNCT
fbem-26247	130	11	*	*	PUNCT
fbem-26247	130	12	(	(	PUNCT
fbem-26247	130	13	-23.7903	-23.7903	NUM
fbem-26247	130	14	)	)	PUNCT
fbem-26247	130	15	-0.0431	-0.0431	NOUN
fbem-26247	131	1	*	*	PUNCT
fbem-26247	131	2	*	*	PUNCT
fbem-26247	131	3	*	*	PUNCT
fbem-26247	131	4	(	(	PUNCT
fbem-26247	131	5	-23.8379	-23.8379	SYM
fbem-26247	131	6	)	)	PUNCT
fbem-26247	131	7	chairholdr	chairholdr	ADJ
fbem-26247	131	8	-0.0034	-0.0034	NOUN
fbem-26247	131	9	*	*	PUNCT
fbem-26247	131	10	*	*	PUNCT
fbem-26247	131	11	*	*	PUNCT
fbem-26247	131	12	(	(	PUNCT
fbem-26247	131	13	-10.7442	-10.7442	NUM
fbem-26247	131	14	)	)	PUNCT
fbem-26247	131	15	-0.0035	-0.0035	NOUN
fbem-26247	131	16	*	*	PUNCT
fbem-26247	131	17	*	*	PUNCT
fbem-26247	131	18	*	*	PUNCT
fbem-26247	131	19	(	(	PUNCT
fbem-26247	131	20	-10.8790	-10.8790	NOUN
fbem-26247	131	21	)	)	PUNCT
fbem-26247	131	22	eps	eps	NOUN
fbem-26247	131	23	0.1431	0.1431	NUM
fbem-26247	131	24	*	*	PUNCT
fbem-26247	131	25	*	*	PUNCT
fbem-26247	131	26	*	*	PUNCT
fbem-26247	131	27	(	(	PUNCT
fbem-26247	131	28	17.5915	17.5915	NUM
fbem-26247	131	29	)	)	PUNCT
fbem-26247	131	30	0.1432	0.1432	NUM
fbem-26247	131	31	*	*	PUNCT
fbem-26247	131	32	*	*	PUNCT
fbem-26247	131	33	*	*	PUNCT
fbem-26247	131	34	(	(	PUNCT
fbem-26247	131	35	17.5860	17.5860	NUM
fbem-26247	131	36	)	)	PUNCT
fbem-26247	131	37	asr	asr	NOUN
fbem-26247	131	38	-0.3190	-0.3190	NOUN
fbem-26247	131	39	*	*	PUNCT
fbem-26247	132	1	*	*	PUNCT
fbem-26247	132	2	*	*	PUNCT
fbem-26247	132	3	(	(	PUNCT
fbem-26247	132	4	-28.7675	-28.7675	INTJ
fbem-26247	132	5	)	)	PUNCT
fbem-26247	132	6	-0.3189	-0.3189	NOUN
fbem-26247	133	1	*	*	PUNCT
fbem-26247	133	2	*	*	PUNCT
fbem-26247	133	3	*	*	PUNCT
fbem-26247	133	4	(	(	PUNCT
fbem-26247	133	5	-28.7533	-28.7533	SYM
fbem-26247	133	6	)	)	PUNCT
fbem-26247	133	7	_	_	NOUN
fbem-26247	133	8	cons	con	NOUN
fbem-26247	133	9	0.5704	0.5704	NUM
fbem-26247	133	10	*	*	PUNCT
fbem-26247	133	11	*	*	PUNCT
fbem-26247	133	12	*	*	PUNCT
fbem-26247	133	13	(	(	PUNCT
fbem-26247	133	14	13.5272	13.5272	NUM
fbem-26247	133	15	)	)	PUNCT
fbem-26247	133	16	0.5737	0.5737	NUM
fbem-26247	133	17	*	*	PUNCT
fbem-26247	133	18	*	*	PUNCT
fbem-26247	133	19	*	*	PUNCT
fbem-26247	133	20	(	(	PUNCT
fbem-26247	133	21	13.5770	13.5770	NUM
fbem-26247	133	22	)	)	PUNCT
fbem-26247	134	1	year&ind	year&ind	NOUN
fbem-26247	135	1	yes	yes	INTJ
fbem-26247	136	1	yes	yes	INTJ
fbem-26247	136	2	n	n	CCONJ
fbem-26247	136	3	30727	30727	NUM
fbem-26247	136	4	30727	30727	NUM
fbem-26247	136	5	r2	r2	PROPN
fbem-26247	136	6	0.4452	0.4452	NUM
fbem-26247	136	7	0.4451	0.4451	NUM
fbem-26247	136	8	considering	consider	VERB
fbem-26247	136	9	the	the	DET
fbem-26247	136	10	possible	possible	ADJ
fbem-26247	136	11	sample	sample	NOUN
fbem-26247	136	12	self	self	NOUN
fbem-26247	136	13	-	-	PUNCT
fbem-26247	136	14	selection	selection	NOUN
fbem-26247	136	15	problem	problem	NOUN
fbem-26247	136	16	between	between	ADP
fbem-26247	136	17	confucian	confucian	ADJ
fbem-26247	136	18	culture	culture	NOUN
fbem-26247	136	19	and	and	CCONJ
fbem-26247	136	20	stock	stock	NOUN
fbem-26247	136	21	price	price	NOUN
fbem-26247	136	22	synchronization	synchronization	NOUN
fbem-26247	136	23	,	,	PUNCT
fbem-26247	136	24	216	216	NUM
fbem-26247	136	25	drawing	draw	VERB
fbem-26247	136	26	on	on	ADP
fbem-26247	136	27	gu	gu	PROPN
fbem-26247	136	28	(	(	PUNCT
fbem-26247	136	29	2015	2015	NUM
fbem-26247	136	30	)	)	PUNCT
fbem-26247	136	31	,	,	PUNCT
fbem-26247	136	32	this	this	DET
fbem-26247	136	33	paper	paper	NOUN
fbem-26247	136	34	changes	change	VERB
fbem-26247	136	35	the	the	DET
fbem-26247	136	36	radius	radius	NOUN
fbem-26247	136	37	for	for	ADP
fbem-26247	136	38	the	the	DET
fbem-26247	136	39	calculation	calculation	NOUN
fbem-26247	136	40	of	of	ADP
fbem-26247	136	41	the	the	DET
fbem-26247	136	42	confucian	confucian	ADJ
fbem-26247	136	43	culture	culture	NOUN
fbem-26247	136	44	indicator	indicator	NOUN
fbem-26247	136	45	,	,	PUNCT
fbem-26247	136	46	and	and	CCONJ
fbem-26247	136	47	selects	select	VERB
fbem-26247	136	48	the	the	DET
fbem-26247	136	49	number	number	NOUN
fbem-26247	136	50	of	of	ADP
fbem-26247	136	51	ming	ming	PROPN
fbem-26247	136	52	and	and	CCONJ
fbem-26247	136	53	qing	qing	PROPN
fbem-26247	136	54	scholars	scholar	NOUN
fbem-26247	136	55	(	(	PUNCT
fbem-26247	136	56	divided	divide	VERB
fbem-26247	136	57	by	by	ADP
fbem-26247	136	58	1,000	1,000	NUM
fbem-26247	136	59	)	)	PUNCT
fbem-26247	136	60	within	within	ADP
fbem-26247	136	61	100	100	NUM
fbem-26247	136	62	kilometers	kilometer	NOUN
fbem-26247	136	63	and	and	CCONJ
fbem-26247	136	64	300	300	NUM
fbem-26247	136	65	kilometers	kilometer	NOUN
fbem-26247	136	66	of	of	ADP
fbem-26247	136	67	the	the	DET
fbem-26247	136	68	location	location	NOUN
fbem-26247	136	69	of	of	ADP
fbem-26247	136	70	the	the	DET
fbem-26247	136	71	listed	list	VERB
fbem-26247	136	72	company	company	NOUN
fbem-26247	136	73	(	(	PUNCT
fbem-26247	136	74	js100	js100	PROPN
fbem-26247	136	75	and	and	CCONJ
fbem-26247	136	76	js300	js300	PROPN
fbem-26247	136	77	)	)	PUNCT
fbem-26247	136	78	as	as	ADP
fbem-26247	136	79	the	the	DET
fbem-26247	136	80	proxy	proxy	ADJ
fbem-26247	136	81	variable	variable	NOUN
fbem-26247	136	82	for	for	ADP
fbem-26247	136	83	confucian	confucian	ADJ
fbem-26247	136	84	culture	culture	NOUN
fbem-26247	136	85	,	,	PUNCT
fbem-26247	136	86	and	and	CCONJ
fbem-26247	136	87	performs	perform	VERB
fbem-26247	136	88	a	a	DET
fbem-26247	136	89	model	model	NOUN
fbem-26247	136	90	(	(	PUNCT
fbem-26247	136	91	1	1	NUM
fbem-26247	136	92	)	)	PUNCT
fbem-26247	136	93	with	with	ADP
fbem-26247	136	94	a	a	DET
fbem-26247	136	95	reregression	reregression	NOUN
fbem-26247	136	96	.	.	PUNCT
fbem-26247	137	1	it	it	PRON
fbem-26247	137	2	can	can	AUX
fbem-26247	137	3	be	be	AUX
fbem-26247	137	4	seen	see	VERB
fbem-26247	137	5	that	that	SCONJ
fbem-26247	137	6	in	in	ADP
fbem-26247	137	7	the	the	DET
fbem-26247	137	8	first	first	ADJ
fbem-26247	137	9	column	column	NOUN
fbem-26247	137	10	of	of	ADP
fbem-26247	137	11	table	table	NOUN
fbem-26247	137	12	4	4	NUM
fbem-26247	137	13	,	,	PUNCT
fbem-26247	137	14	the	the	DET
fbem-26247	137	15	proxy	proxy	NOUN
fbem-26247	137	16	for	for	ADP
fbem-26247	137	17	confucian	confucian	ADJ
fbem-26247	137	18	culture	culture	NOUN
fbem-26247	137	19	(	(	PUNCT
fbem-26247	137	20	js100	js100	PROPN
fbem-26247	137	21	)	)	PUNCT
fbem-26247	137	22	is	be	AUX
fbem-26247	137	23	negative	negative	ADJ
fbem-26247	137	24	and	and	CCONJ
fbem-26247	137	25	significantly	significantly	ADV
fbem-26247	137	26	correlated	correlate	VERB
fbem-26247	137	27	at	at	ADP
fbem-26247	137	28	the	the	DET
fbem-26247	137	29	1	1	NUM
fbem-26247	137	30	%	%	NOUN
fbem-26247	137	31	level	level	NOUN
fbem-26247	137	32	.	.	PUNCT
fbem-26247	138	1	in	in	ADP
fbem-26247	138	2	the	the	DET
fbem-26247	138	3	second	second	ADJ
fbem-26247	138	4	column	column	NOUN
fbem-26247	138	5	of	of	ADP
fbem-26247	138	6	table	table	NOUN
fbem-26247	138	7	4	4	NUM
fbem-26247	138	8	,	,	PUNCT
fbem-26247	138	9	the	the	DET
fbem-26247	138	10	proxy	proxy	NOUN
fbem-26247	138	11	for	for	ADP
fbem-26247	138	12	confucian	confucian	ADJ
fbem-26247	138	13	culture	culture	NOUN
fbem-26247	138	14	(	(	PUNCT
fbem-26247	138	15	js300	js300	PROPN
fbem-26247	138	16	)	)	PUNCT
fbem-26247	138	17	is	be	AUX
fbem-26247	138	18	negative	negative	ADJ
fbem-26247	138	19	and	and	CCONJ
fbem-26247	138	20	significantly	significantly	ADV
fbem-26247	138	21	correlated	correlate	VERB
fbem-26247	138	22	at	at	ADP
fbem-26247	138	23	the	the	DET
fbem-26247	138	24	5	5	NUM
fbem-26247	138	25	%	%	NOUN
fbem-26247	138	26	level	level	NOUN
fbem-26247	138	27	.	.	PUNCT
fbem-26247	139	1	this	this	PRON
fbem-26247	139	2	indicates	indicate	VERB
fbem-26247	139	3	that	that	SCONJ
fbem-26247	139	4	the	the	DET
fbem-26247	139	5	effect	effect	NOUN
fbem-26247	139	6	of	of	ADP
fbem-26247	139	7	confucian	confucian	ADJ
fbem-26247	139	8	culture	culture	NOUN
fbem-26247	139	9	on	on	ADP
fbem-26247	139	10	stock	stock	NOUN
fbem-26247	139	11	price	price	NOUN
fbem-26247	139	12	synchronization	synchronization	NOUN
fbem-26247	139	13	remains	remain	VERB
fbem-26247	139	14	significant	significant	ADJ
fbem-26247	139	15	after	after	ADP
fbem-26247	139	16	replacing	replace	VERB
fbem-26247	139	17	the	the	DET
fbem-26247	139	18	independent	independent	ADJ
fbem-26247	139	19	variables	variable	NOUN
fbem-26247	139	20	.	.	PUNCT
fbem-26247	140	1	4.3.2	4.3.2	X
fbem-26247	140	2	.	.	PUNCT
fbem-26247	141	1	replacement	replacement	NOUN
fbem-26247	141	2	of	of	ADP
fbem-26247	141	3	the	the	DET
fbem-26247	141	4	dependent	dependent	ADJ
fbem-26247	141	5	variable	variable	NOUN
fbem-26247	141	6	in	in	ADP
fbem-26247	141	7	order	order	NOUN
fbem-26247	141	8	to	to	PART
fbem-26247	141	9	further	far	ADV
fbem-26247	141	10	verify	verify	VERB
fbem-26247	141	11	its	its	PRON
fbem-26247	141	12	robustness	robustness	NOUN
fbem-26247	141	13	,	,	PUNCT
fbem-26247	141	14	this	this	DET
fbem-26247	141	15	paper	paper	NOUN
fbem-26247	141	16	replaces	replace	VERB
fbem-26247	141	17	the	the	DET
fbem-26247	141	18	measure	measure	NOUN
fbem-26247	141	19	of	of	ADP
fbem-26247	141	20	stock	stock	NOUN
fbem-26247	141	21	price	price	NOUN
fbem-26247	141	22	synchronization	synchronization	NOUN
fbem-26247	141	23	by	by	ADP
fbem-26247	141	24	borrowing	borrow	VERB
fbem-26247	141	25	from	from	ADP
fbem-26247	141	26	durnev	durnev	PROPN
fbem-26247	141	27	et	et	PROPN
fbem-26247	141	28	al	al	PROPN
fbem-26247	141	29	.	.	PUNCT
fbem-26247	142	1	(	(	PUNCT
fbem-26247	142	2	2003	2003	NUM
fbem-26247	142	3	)	)	PUNCT
fbem-26247	142	4	,	,	PUNCT
fbem-26247	142	5	applying	apply	VERB
fbem-26247	142	6	model	model	NOUN
fbem-26247	142	7	(	(	PUNCT
fbem-26247	142	8	1	1	NUM
fbem-26247	142	9	)	)	PUNCT
fbem-26247	142	10	to	to	PART
fbem-26247	142	11	estimate	estimate	VERB
fbem-26247	142	12	the	the	DET
fbem-26247	142	13	r²	r²	NOUN
fbem-26247	142	14	of	of	ADP
fbem-26247	142	15	an	an	DET
fbem-26247	142	16	individual	individual	ADJ
fbem-26247	142	17	stock	stock	NOUN
fbem-26247	142	18	,	,	PUNCT
fbem-26247	142	19	and	and	CCONJ
fbem-26247	142	20	applying	apply	VERB
fbem-26247	142	21	equation	equation	NOUN
fbem-26247	142	22	(	(	PUNCT
fbem-26247	142	23	2	2	NUM
fbem-26247	142	24	)	)	PUNCT
fbem-26247	142	25	to	to	PART
fbem-26247	142	26	logarithmize	logarithmize	VERB
fbem-26247	142	27	the	the	DET
fbem-26247	142	28	r²	r²	NOUN
fbem-26247	142	29	so	so	SCONJ
fbem-26247	142	30	that	that	SCONJ
fbem-26247	142	31	it	it	PRON
fbem-26247	142	32	is	be	AUX
fbem-26247	142	33	normally	normally	ADV
fbem-26247	142	34	distributed	distribute	VERB
fbem-26247	142	35	,	,	PUNCT
fbem-26247	142	36	and	and	CCONJ
fbem-26247	142	37	finally	finally	ADV
fbem-26247	142	38	obtaining	obtain	VERB
fbem-26247	142	39	the	the	DET
fbem-26247	142	40	indicator	indicator	NOUN
fbem-26247	142	41	syn	syn	PROPN
fbem-26247	142	42	which	which	PRON
fbem-26247	142	43	is	be	AUX
fbem-26247	142	44	the	the	DET
fbem-26247	142	45	measure	measure	NOUN
fbem-26247	142	46	of	of	ADP
fbem-26247	142	47	stock	stock	NOUN
fbem-26247	142	48	price	price	NOUN
fbem-26247	142	49	synchronization	synchronization	NOUN
fbem-26247	142	50	.	.	PUNCT
fbem-26247	143	1	𝑅𝑖,𝑡	𝑅𝑖,𝑡	NOUN
fbem-26247	143	2	=	=	SYM
fbem-26247	143	3	𝛼0	𝛼0	PROPN
fbem-26247	143	4	+	+	CCONJ
fbem-26247	143	5	𝛼1𝑅𝑚,𝑡	𝛼1𝑅𝑚,𝑡	X
fbem-26247	144	1	+	+	CCONJ
fbem-26247	144	2	𝛼2𝑅𝑖,𝑡	𝛼2𝑅𝑖,𝑡	NOUN
fbem-26247	144	3	+	+	CCONJ
fbem-26247	144	4	𝜀𝑖,𝑤,𝑡	𝜀𝑖,𝑤,𝑡	X
fbem-26247	144	5	(	(	PUNCT
fbem-26247	144	6	4	4	NUM
fbem-26247	144	7	)	)	PUNCT
fbem-26247	144	8	𝑆𝑌𝑁𝐶𝐻𝑖,𝑡	𝑆𝑌𝑁𝐶𝐻𝑖,𝑡	NOUN
fbem-26247	144	9	=	=	PUNCT
fbem-26247	144	10	𝑙𝑛(𝑅𝑖	𝑙𝑛(𝑅𝑖	NOUN
fbem-26247	145	1	2/1	2/1	NUM
fbem-26247	145	2	−	−	PUNCT
fbem-26247	145	3	𝑅𝑖	𝑅𝑖	PROPN
fbem-26247	145	4	2	2	NUM
fbem-26247	145	5	)	)	PUNCT
fbem-26247	145	6	(	(	PUNCT
fbem-26247	145	7	5	5	NUM
fbem-26247	145	8	)	)	PUNCT
fbem-26247	145	9	where	where	SCONJ
fbem-26247	145	10	is	be	AUX
fbem-26247	145	11	the	the	DET
fbem-26247	145	12	individual	individual	ADJ
fbem-26247	145	13	stock	stock	NOUN
fbem-26247	145	14	return	return	NOUN
fbem-26247	145	15	in	in	ADP
fbem-26247	145	16	week	week	NOUN
fbem-26247	145	17	t	t	PROPN
fbem-26247	145	18	,	,	PUNCT
fbem-26247	145	19	is	be	AUX
fbem-26247	145	20	the	the	DET
fbem-26247	145	21	market	market	NOUN
fbem-26247	145	22	return	return	NOUN
fbem-26247	145	23	in	in	ADP
fbem-26247	145	24	week	week	NOUN
fbem-26247	145	25	t	t	PROPN
fbem-26247	145	26	,	,	PUNCT
fbem-26247	145	27	and	and	CCONJ
fbem-26247	145	28	is	be	AUX
fbem-26247	145	29	the	the	DET
fbem-26247	145	30	industry	industry	NOUN
fbem-26247	145	31	return	return	NOUN
fbem-26247	145	32	in	in	ADP
fbem-26247	145	33	week	week	NOUN
fbem-26247	145	34	t	t	NOUN
fbem-26247	145	35	;	;	PUNCT
fbem-26247	145	36	is	be	AUX
fbem-26247	145	37	an	an	DET
fbem-26247	145	38	indicator	indicator	NOUN
fbem-26247	145	39	calculated	calculate	VERB
fbem-26247	145	40	by	by	ADP
fbem-26247	145	41	weighting	weight	VERB
fbem-26247	145	42	the	the	DET
fbem-26247	145	43	weighted	weighted	ADJ
fbem-26247	145	44	average	average	NOUN
fbem-26247	145	45	of	of	ADP
fbem-26247	145	46	the	the	DET
fbem-26247	145	47	company	company	NOUN
fbem-26247	145	48	's	's	PART
fbem-26247	145	49	outstanding	outstanding	ADJ
fbem-26247	145	50	market	market	NOUN
fbem-26247	145	51	capitalization	capitalization	NOUN
fbem-26247	145	52	according	accord	VERB
fbem-26247	145	53	to	to	ADP
fbem-26247	145	54	the	the	DET
fbem-26247	145	55	csrc	csrc	NOUN
fbem-26247	145	56	's	's	PART
fbem-26247	145	57	industry	industry	NOUN
fbem-26247	145	58	classification	classification	NOUN
fbem-26247	145	59	standards	standard	NOUN
fbem-26247	145	60	;	;	PUNCT
fbem-26247	145	61	and	and	CCONJ
fbem-26247	145	62	is	be	AUX
fbem-26247	145	63	the	the	DET
fbem-26247	145	64	goodnessof	goodnessof	NOUN
fbem-26247	145	65	-	-	PUNCT
fbem-26247	145	66	fit	fit	NOUN
fbem-26247	145	67	of	of	ADP
fbem-26247	145	68	model	model	NOUN
fbem-26247	145	69	(	(	PUNCT
fbem-26247	145	70	1	1	NUM
fbem-26247	145	71	)	)	PUNCT
fbem-26247	145	72	.	.	PUNCT
fbem-26247	146	1	after	after	ADP
fbem-26247	146	2	replacing	replace	VERB
fbem-26247	146	3	the	the	DET
fbem-26247	146	4	dependent	dependent	ADJ
fbem-26247	146	5	variable	variable	NOUN
fbem-26247	146	6	,	,	PUNCT
fbem-26247	146	7	the	the	DET
fbem-26247	146	8	results	result	NOUN
fbem-26247	146	9	are	be	AUX
fbem-26247	146	10	still	still	ADV
fbem-26247	146	11	significantly	significantly	ADV
fbem-26247	146	12	negatively	negatively	ADV
fbem-26247	146	13	correlated	correlate	VERB
fbem-26247	146	14	at	at	ADP
fbem-26247	146	15	the	the	DET
fbem-26247	146	16	1	1	NUM
fbem-26247	146	17	%	%	NOUN
fbem-26247	146	18	level	level	NOUN
fbem-26247	146	19	.	.	PUNCT
fbem-26247	147	1	table	table	NOUN
fbem-26247	147	2	5	5	NUM
fbem-26247	147	3	.	.	PUNCT
fbem-26247	148	1	replacement	replacement	NOUN
fbem-26247	148	2	of	of	ADP
fbem-26247	148	3	the	the	DET
fbem-26247	148	4	dependent	dependent	ADJ
fbem-26247	148	5	variable	variable	ADJ
fbem-26247	148	6	synch_1	synch_1	NOUN
fbem-26247	148	7	js200	js200	PROPN
fbem-26247	148	8	-0.0046	-0.0046	NOUN
fbem-26247	148	9	*	*	PUNCT
fbem-26247	148	10	*	*	PUNCT
fbem-26247	148	11	*	*	PUNCT
fbem-26247	148	12	(	(	PUNCT
fbem-26247	148	13	-3.1683	-3.1683	NOUN
fbem-26247	148	14	)	)	PUNCT
fbem-26247	148	15	controls	control	VERB
fbem-26247	149	1	yes	yes	INTJ
fbem-26247	149	2	_	_	NOUN
fbem-26247	149	3	cons	con	NOUN
fbem-26247	149	4	0.4893	0.4893	NUM
fbem-26247	149	5	*	*	PUNCT
fbem-26247	149	6	*	*	PUNCT
fbem-26247	149	7	*	*	PUNCT
fbem-26247	149	8	(	(	PUNCT
fbem-26247	149	9	9.8459	9.8459	NUM
fbem-26247	149	10	)	)	PUNCT
fbem-26247	149	11	year&ind	year&ind	NOUN
fbem-26247	150	1	yes	yes	INTJ
fbem-26247	150	2	n	n	CCONJ
fbem-26247	150	3	30727	30727	NUM
fbem-26247	150	4	r2	r2	NOUN
fbem-26247	150	5	0.4346	0.4346	NUM
fbem-26247	150	6	4.3.3	4.3.3	NOUN
fbem-26247	150	7	.	.	PUNCT
fbem-26247	151	1	excluding	exclude	VERB
fbem-26247	151	2	large	large	ADJ
fbem-26247	151	3	ethnic	ethnic	ADJ
fbem-26247	151	4	minority	minority	NOUN
fbem-26247	151	5	provinces	province	NOUN
fbem-26247	151	6	it	it	PRON
fbem-26247	151	7	is	be	AUX
fbem-26247	151	8	an	an	DET
fbem-26247	151	9	indisputable	indisputable	ADJ
fbem-26247	151	10	fact	fact	NOUN
fbem-26247	151	11	that	that	SCONJ
fbem-26247	151	12	ethnic	ethnic	ADJ
fbem-26247	151	13	minorities	minority	NOUN
fbem-26247	151	14	have	have	AUX
fbem-26247	151	15	unique	unique	ADJ
fbem-26247	151	16	national	national	ADJ
fbem-26247	151	17	cultures	culture	NOUN
fbem-26247	151	18	.	.	PUNCT
fbem-26247	152	1	each	each	DET
fbem-26247	152	2	ethnic	ethnic	ADJ
fbem-26247	152	3	minority	minority	NOUN
fbem-26247	152	4	has	have	AUX
fbem-26247	152	5	formed	form	VERB
fbem-26247	152	6	its	its	PRON
fbem-26247	152	7	own	own	ADJ
fbem-26247	152	8	unique	unique	ADJ
fbem-26247	152	9	way	way	NOUN
fbem-26247	152	10	of	of	ADP
fbem-26247	152	11	life	life	NOUN
fbem-26247	152	12	,	,	PUNCT
fbem-26247	152	13	customs	custom	NOUN
fbem-26247	152	14	,	,	PUNCT
fbem-26247	152	15	religious	religious	ADJ
fbem-26247	152	16	beliefs	belief	NOUN
fbem-26247	152	17	,	,	PUNCT
fbem-26247	152	18	language	language	NOUN
fbem-26247	152	19	and	and	CCONJ
fbem-26247	152	20	writing	writing	NOUN
fbem-26247	152	21	,	,	PUNCT
fbem-26247	152	22	arts	art	NOUN
fbem-26247	152	23	and	and	CCONJ
fbem-26247	152	24	traditions	tradition	NOUN
fbem-26247	152	25	,	,	PUNCT
fbem-26247	152	26	etc	etc	X
fbem-26247	152	27	.	.	X
fbem-26247	152	28	,	,	PUNCT
fbem-26247	152	29	which	which	PRON
fbem-26247	152	30	together	together	ADV
fbem-26247	152	31	constitute	constitute	VERB
fbem-26247	152	32	their	their	PRON
fbem-26247	152	33	rich	rich	ADJ
fbem-26247	152	34	ethnic	ethnic	ADJ
fbem-26247	152	35	cultures	culture	NOUN
fbem-26247	152	36	in	in	ADP
fbem-26247	152	37	the	the	DET
fbem-26247	152	38	course	course	NOUN
fbem-26247	152	39	of	of	ADP
fbem-26247	152	40	long	long	ADJ
fbem-26247	152	41	-	-	PUNCT
fbem-26247	152	42	term	term	NOUN
fbem-26247	152	43	historical	historical	ADJ
fbem-26247	152	44	development	development	NOUN
fbem-26247	152	45	.	.	PUNCT
fbem-26247	153	1	in	in	ADP
fbem-26247	153	2	this	this	DET
fbem-26247	153	3	paper	paper	NOUN
fbem-26247	153	4	,	,	PUNCT
fbem-26247	153	5	we	we	PRON
fbem-26247	153	6	refer	refer	VERB
fbem-26247	153	7	to	to	PART
fbem-26247	153	8	pan	pan	VERB
fbem-26247	153	9	et	et	PROPN
fbem-26247	153	10	al	al	PROPN
fbem-26247	153	11	(	(	PUNCT
fbem-26247	153	12	2020	2020	NUM
fbem-26247	153	13	)	)	PUNCT
fbem-26247	153	14	and	and	CCONJ
fbem-26247	153	15	eliminate	eliminate	VERB
fbem-26247	153	16	the	the	DET
fbem-26247	153	17	eight	eight	NUM
fbem-26247	153	18	provinces	province	NOUN
fbem-26247	153	19	with	with	ADP
fbem-26247	153	20	the	the	DET
fbem-26247	153	21	largest	large	ADJ
fbem-26247	153	22	number	number	NOUN
fbem-26247	153	23	of	of	ADP
fbem-26247	153	24	ethnic	ethnic	ADJ
fbem-26247	153	25	minorities	minority	NOUN
fbem-26247	153	26	in	in	ADP
fbem-26247	153	27	the	the	DET
fbem-26247	153	28	country	country	NOUN
fbem-26247	153	29	,	,	PUNCT
fbem-26247	153	30	which	which	PRON
fbem-26247	153	31	are	be	AUX
fbem-26247	153	32	yunnan	yunnan	PROPN
fbem-26247	153	33	province	province	NOUN
fbem-26247	153	34	,	,	PUNCT
fbem-26247	153	35	guizhou	guizhou	NOUN
fbem-26247	153	36	province	province	PROPN
fbem-26247	153	37	,	,	PUNCT
fbem-26247	153	38	guangxi	guangxi	PROPN
fbem-26247	153	39	zhuang	zhuang	PROPN
fbem-26247	153	40	autonomous	autonomous	PROPN
fbem-26247	153	41	region	region	PROPN
fbem-26247	153	42	,	,	PUNCT
fbem-26247	153	43	inner	inner	PROPN
fbem-26247	153	44	mongolia	mongolia	PROPN
fbem-26247	153	45	autonomous	autonomous	PROPN
fbem-26247	153	46	region	region	PROPN
fbem-26247	153	47	,	,	PUNCT
fbem-26247	153	48	tibet	tibet	PROPN
fbem-26247	153	49	autonomous	autonomous	PROPN
fbem-26247	153	50	region	region	PROPN
fbem-26247	153	51	,	,	PUNCT
fbem-26247	153	52	xinjiang	xinjiang	PROPN
fbem-26247	153	53	uygur	uygur	PROPN
fbem-26247	153	54	autonomous	autonomous	PROPN
fbem-26247	153	55	region	region	NOUN
fbem-26247	153	56	,	,	PUNCT
fbem-26247	153	57	ningxia	ningxia	PROPN
fbem-26247	153	58	hui	hui	PROPN
fbem-26247	153	59	autonomous	autonomous	PROPN
fbem-26247	153	60	region	region	NOUN
fbem-26247	153	61	,	,	PUNCT
fbem-26247	153	62	and	and	CCONJ
fbem-26247	153	63	qinghai	qinghai	PROPN
fbem-26247	153	64	province	province	PROPN
fbem-26247	153	65	.	.	PUNCT
fbem-26247	154	1	the	the	DET
fbem-26247	154	2	results	result	NOUN
fbem-26247	154	3	are	be	AUX
fbem-26247	154	4	still	still	ADV
fbem-26247	154	5	significantly	significantly	ADV
fbem-26247	154	6	negatively	negatively	ADV
fbem-26247	154	7	correlated	correlate	VERB
fbem-26247	154	8	at	at	ADP
fbem-26247	154	9	the	the	DET
fbem-26247	154	10	1	1	NUM
fbem-26247	154	11	%	%	NOUN
fbem-26247	154	12	level	level	NOUN
fbem-26247	154	13	as	as	SCONJ
fbem-26247	154	14	shown	show	VERB
fbem-26247	154	15	in	in	ADP
fbem-26247	154	16	column	column	NOUN
fbem-26247	154	17	1	1	NUM
fbem-26247	154	18	of	of	ADP
fbem-26247	154	19	table	table	NOUN
fbem-26247	154	20	6	6	NUM
fbem-26247	154	21	.	.	PUNCT
fbem-26247	155	1	4.3.4	4.3.4	NUM
fbem-26247	155	2	.	.	PUNCT
fbem-26247	156	1	excluding	exclude	VERB
fbem-26247	156	2	the	the	DET
fbem-26247	156	3	four	four	NUM
fbem-26247	156	4	first	first	ADJ
fbem-26247	156	5	-	-	PUNCT
fbem-26247	156	6	tier	tier	NOUN
fbem-26247	156	7	cities	city	NOUN
fbem-26247	156	8	the	the	DET
fbem-26247	156	9	four	four	NUM
fbem-26247	156	10	first	first	ADJ
fbem-26247	156	11	-	-	PUNCT
fbem-26247	156	12	tier	tier	NOUN
fbem-26247	156	13	cities	city	NOUN
fbem-26247	156	14	of	of	ADP
fbem-26247	156	15	beijing	beijing	PROPN
fbem-26247	156	16	,	,	PUNCT
fbem-26247	156	17	shanghai	shanghai	PROPN
fbem-26247	156	18	,	,	PUNCT
fbem-26247	156	19	guangzhou	guangzhou	PROPN
fbem-26247	156	20	and	and	CCONJ
fbem-26247	156	21	shenzhen	shenzhen	PROPN
fbem-26247	156	22	have	have	AUX
fbem-26247	156	23	not	not	PART
fbem-26247	156	24	only	only	ADV
fbem-26247	156	25	attracted	attract	VERB
fbem-26247	156	26	a	a	DET
fbem-26247	156	27	large	large	ADJ
fbem-26247	156	28	number	number	NOUN
fbem-26247	156	29	of	of	ADP
fbem-26247	156	30	domestic	domestic	ADJ
fbem-26247	156	31	enterprises	enterprise	NOUN
fbem-26247	156	32	,	,	PUNCT
fbem-26247	156	33	but	but	CCONJ
fbem-26247	156	34	also	also	ADV
fbem-26247	156	35	succeeded	succeed	VERB
fbem-26247	156	36	in	in	ADP
fbem-26247	156	37	attracting	attract	VERB
fbem-26247	156	38	the	the	DET
fbem-26247	156	39	attention	attention	NOUN
fbem-26247	156	40	and	and	CCONJ
fbem-26247	156	41	capital	capital	NOUN
fbem-26247	156	42	injection	injection	NOUN
fbem-26247	156	43	of	of	ADP
fbem-26247	156	44	many	many	ADJ
fbem-26247	156	45	foreign	foreign	ADJ
fbem-26247	156	46	enterprises	enterprise	NOUN
fbem-26247	156	47	with	with	ADP
fbem-26247	156	48	their	their	PRON
fbem-26247	156	49	open	open	ADJ
fbem-26247	156	50	attitude	attitude	NOUN
fbem-26247	156	51	and	and	CCONJ
fbem-26247	156	52	superior	superior	ADJ
fbem-26247	156	53	investment	investment	NOUN
fbem-26247	156	54	environment	environment	NOUN
fbem-26247	156	55	.	.	PUNCT
fbem-26247	157	1	the	the	DET
fbem-26247	157	2	entry	entry	NOUN
fbem-26247	157	3	of	of	ADP
fbem-26247	157	4	these	these	DET
fbem-26247	157	5	enterprises	enterprise	NOUN
fbem-26247	157	6	not	not	PART
fbem-26247	157	7	only	only	ADV
fbem-26247	157	8	brings	bring	VERB
fbem-26247	157	9	advanced	advanced	ADJ
fbem-26247	157	10	technology	technology	NOUN
fbem-26247	157	11	and	and	CCONJ
fbem-26247	157	12	management	management	NOUN
fbem-26247	157	13	experience	experience	NOUN
fbem-26247	157	14	to	to	ADP
fbem-26247	157	15	these	these	DET
fbem-26247	157	16	cities	city	NOUN
fbem-26247	157	17	,	,	PUNCT
fbem-26247	157	18	but	but	CCONJ
fbem-26247	157	19	also	also	ADV
fbem-26247	157	20	promotes	promote	VERB
fbem-26247	157	21	the	the	DET
fbem-26247	157	22	diversification	diversification	NOUN
fbem-26247	157	23	and	and	CCONJ
fbem-26247	157	24	internationalization	internationalization	NOUN
fbem-26247	157	25	of	of	ADP
fbem-26247	157	26	the	the	DET
fbem-26247	157	27	local	local	ADJ
fbem-26247	157	28	economy	economy	NOUN
fbem-26247	157	29	.	.	PUNCT
fbem-26247	158	1	at	at	ADP
fbem-26247	158	2	the	the	DET
fbem-26247	158	3	same	same	ADJ
fbem-26247	158	4	time	time	NOUN
fbem-26247	158	5	,	,	PUNCT
fbem-26247	158	6	these	these	DET
fbem-26247	158	7	first	first	ADJ
fbem-26247	158	8	-	-	PUNCT
fbem-26247	158	9	tier	tier	NOUN
fbem-26247	158	10	cities	city	NOUN
fbem-26247	158	11	have	have	AUX
fbem-26247	158	12	also	also	ADV
fbem-26247	158	13	spawned	spawn	VERB
fbem-26247	158	14	many	many	ADJ
fbem-26247	158	15	innovative	innovative	ADJ
fbem-26247	158	16	and	and	CCONJ
fbem-26247	158	17	competitive	competitive	ADJ
fbem-26247	158	18	local	local	ADJ
fbem-26247	158	19	enterprises	enterprise	NOUN
fbem-26247	158	20	,	,	PUNCT
fbem-26247	158	21	which	which	PRON
fbem-26247	158	22	have	have	AUX
fbem-26247	158	23	made	make	VERB
fbem-26247	158	24	breakthroughs	breakthrough	NOUN
fbem-26247	158	25	in	in	ADP
fbem-26247	158	26	their	their	PRON
fbem-26247	158	27	respective	respective	ADJ
fbem-26247	158	28	fields	field	NOUN
fbem-26247	158	29	and	and	CCONJ
fbem-26247	158	30	contributed	contribute	VERB
fbem-26247	158	31	to	to	ADP
fbem-26247	158	32	the	the	DET
fbem-26247	158	33	continued	continue	VERB
fbem-26247	158	34	prosperity	prosperity	NOUN
fbem-26247	158	35	of	of	ADP
fbem-26247	158	36	the	the	DET
fbem-26247	158	37	cities	city	NOUN
fbem-26247	158	38	'	'	PART
fbem-26247	158	39	economies	economy	NOUN
fbem-26247	158	40	.	.	PUNCT
fbem-26247	159	1	as	as	ADP
fbem-26247	159	2	a	a	DET
fbem-26247	159	3	result	result	NOUN
fbem-26247	159	4	,	,	PUNCT
fbem-26247	159	5	the	the	DET
fbem-26247	159	6	development	development	NOUN
fbem-26247	159	7	level	level	NOUN
fbem-26247	159	8	of	of	ADP
fbem-26247	159	9	the	the	DET
fbem-26247	159	10	four	four	NUM
fbem-26247	159	11	first	first	ADJ
fbem-26247	159	12	-	-	PUNCT
fbem-26247	159	13	tier	tier	NOUN
fbem-26247	159	14	cities	city	NOUN
fbem-26247	159	15	is	be	AUX
fbem-26247	159	16	much	much	ADV
fbem-26247	159	17	higher	high	ADJ
fbem-26247	159	18	than	than	ADP
fbem-26247	159	19	that	that	PRON
fbem-26247	159	20	of	of	ADP
fbem-26247	159	21	other	other	ADJ
fbem-26247	159	22	cities	city	NOUN
fbem-26247	159	23	,	,	PUNCT
fbem-26247	159	24	and	and	CCONJ
fbem-26247	159	25	the	the	DET
fbem-26247	159	26	number	number	NOUN
fbem-26247	159	27	of	of	ADP
fbem-26247	159	28	enterprises	enterprise	NOUN
fbem-26247	159	29	ranks	rank	VERB
fbem-26247	159	30	steadily	steadily	ADV
fbem-26247	159	31	among	among	ADP
fbem-26247	159	32	the	the	DET
fbem-26247	159	33	top	top	NOUN
fbem-26247	159	34	in	in	ADP
fbem-26247	159	35	the	the	DET
fbem-26247	159	36	country	country	NOUN
fbem-26247	159	37	.	.	PUNCT
fbem-26247	160	1	considering	consider	VERB
fbem-26247	160	2	the	the	DET
fbem-26247	160	3	clustering	clustering	NOUN
fbem-26247	160	4	of	of	ADP
fbem-26247	160	5	enterprises	enterprise	NOUN
fbem-26247	160	6	,	,	PUNCT
fbem-26247	160	7	this	this	DET
fbem-26247	160	8	paper	paper	NOUN
fbem-26247	160	9	this	this	DET
fbem-26247	160	10	paper	paper	NOUN
fbem-26247	160	11	refers	refer	VERB
fbem-26247	160	12	to	to	PART
fbem-26247	160	13	pan	pan	VERB
fbem-26247	160	14	et	et	PROPN
fbem-26247	160	15	al	al	PROPN
fbem-26247	160	16	(	(	PUNCT
fbem-26247	160	17	2020	2020	NUM
fbem-26247	160	18	)	)	PUNCT
fbem-26247	160	19	and	and	CCONJ
fbem-26247	160	20	excludes	exclude	VERB
fbem-26247	160	21	the	the	DET
fbem-26247	160	22	sample	sample	NOUN
fbem-26247	160	23	of	of	ADP
fbem-26247	160	24	the	the	DET
fbem-26247	160	25	four	four	NUM
fbem-26247	160	26	first	first	ADJ
fbem-26247	160	27	-	-	PUNCT
fbem-26247	160	28	tier	tier	NOUN
fbem-26247	160	29	cities	city	NOUN
fbem-26247	160	30	and	and	CCONJ
fbem-26247	160	31	re	re	NOUN
fbem-26247	160	32	-	-	NOUN
fbem-26247	160	33	runs	run	VERB
fbem-26247	160	34	the	the	DET
fbem-26247	160	35	regression	regression	NOUN
fbem-26247	160	36	.	.	PUNCT
fbem-26247	161	1	the	the	DET
fbem-26247	161	2	results	result	NOUN
fbem-26247	161	3	,	,	PUNCT
fbem-26247	161	4	as	as	SCONJ
fbem-26247	161	5	shown	show	VERB
fbem-26247	161	6	in	in	ADP
fbem-26247	161	7	column	column	NOUN
fbem-26247	161	8	2	2	NUM
fbem-26247	161	9	of	of	ADP
fbem-26247	161	10	table	table	NOUN
fbem-26247	161	11	6	6	NUM
fbem-26247	161	12	,	,	PUNCT
fbem-26247	161	13	remain	remain	VERB
fbem-26247	161	14	significantly	significantly	ADV
fbem-26247	161	15	negatively	negatively	ADV
fbem-26247	161	16	correlated	correlate	VERB
fbem-26247	161	17	at	at	ADP
fbem-26247	161	18	the	the	DET
fbem-26247	161	19	1	1	NUM
fbem-26247	161	20	%	%	NOUN
fbem-26247	161	21	level	level	NOUN
fbem-26247	161	22	.	.	PUNCT
fbem-26247	162	1	table	table	NOUN
fbem-26247	162	2	6	6	NUM
fbem-26247	162	3	.	.	PUNCT
fbem-26247	163	1	excluding	exclude	VERB
fbem-26247	163	2	some	some	DET
fbem-26247	163	3	cities	city	NOUN
fbem-26247	163	4	(	(	PUNCT
fbem-26247	163	5	1	1	NUM
fbem-26247	163	6	)	)	PUNCT
fbem-26247	163	7	synch	synch	NOUN
fbem-26247	163	8	(	(	PUNCT
fbem-26247	163	9	2	2	NUM
fbem-26247	163	10	)	)	PUNCT
fbem-26247	163	11	synch	synch	NOUN
fbem-26247	163	12	js200	js200	PROPN
fbem-26247	163	13	-0.0035	-0.0035	PROPN
fbem-26247	163	14	*	*	PUNCT
fbem-26247	163	15	*	*	PUNCT
fbem-26247	163	16	*	*	PUNCT
fbem-26247	163	17	(	(	PUNCT
fbem-26247	163	18	-2.7786	-2.7786	PROPN
fbem-26247	163	19	)	)	PUNCT
fbem-26247	163	20	-0.0043	-0.0043	PUNCT
fbem-26247	164	1	*	*	PUNCT
fbem-26247	164	2	*	*	PUNCT
fbem-26247	164	3	*	*	PUNCT
fbem-26247	164	4	(	(	PUNCT
fbem-26247	164	5	-2.9056	-2.9056	NOUN
fbem-26247	164	6	)	)	PUNCT
fbem-26247	164	7	big4	big4	NOUN
fbem-26247	164	8	0.0764	0.0764	NUM
fbem-26247	164	9	*	*	PUNCT
fbem-26247	165	1	*	*	PUNCT
fbem-26247	165	2	*	*	PUNCT
fbem-26247	165	3	(	(	PUNCT
fbem-26247	165	4	4.2353	4.2353	NUM
fbem-26247	165	5	)	)	PUNCT
fbem-26247	165	6	0.0558	0.0558	NUM
fbem-26247	165	7	*	*	PUNCT
fbem-26247	165	8	*	*	PUNCT
fbem-26247	165	9	(	(	PUNCT
fbem-26247	165	10	2.2231	2.2231	NUM
fbem-26247	165	11	)	)	PUNCT
fbem-26247	165	12	occupy	occupy	VERB
fbem-26247	165	13	-0.5412	-0.5412	NOUN
fbem-26247	165	14	*	*	PUNCT
fbem-26247	165	15	*	*	PUNCT
fbem-26247	165	16	*	*	PUNCT
fbem-26247	165	17	(	(	PUNCT
fbem-26247	165	18	-2.6699	-2.6699	ADJ
fbem-26247	165	19	)	)	PUNCT
fbem-26247	165	20	-0.7870	-0.7870	NOUN
fbem-26247	166	1	*	*	PUNCT
fbem-26247	166	2	*	*	PUNCT
fbem-26247	166	3	*	*	PUNCT
fbem-26247	166	4	(	(	PUNCT
fbem-26247	166	5	-3.5155	-3.5155	NOUN
fbem-26247	166	6	)	)	PUNCT
fbem-26247	166	7	growth	growth	NOUN
fbem-26247	166	8	-0.1179	-0.1179	NOUN
fbem-26247	166	9	*	*	PUNCT
fbem-26247	166	10	*	*	PUNCT
fbem-26247	166	11	*	*	PUNCT
fbem-26247	166	12	(	(	PUNCT
fbem-26247	166	13	-9.4464	-9.4464	ADJ
fbem-26247	166	14	)	)	PUNCT
fbem-26247	166	15	-0.1199	-0.1199	PROPN
fbem-26247	167	1	*	*	PUNCT
fbem-26247	167	2	*	*	PUNCT
fbem-26247	167	3	*	*	PUNCT
fbem-26247	167	4	(	(	PUNCT
fbem-26247	167	5	-8.6109	-8.6109	ADJ
fbem-26247	167	6	)	)	PUNCT
fbem-26247	167	7	mfee	mfee	NOUN
fbem-26247	167	8	-0.4231	-0.4231	NOUN
fbem-26247	168	1	*	*	PUNCT
fbem-26247	168	2	*	*	PUNCT
fbem-26247	168	3	*	*	PUNCT
fbem-26247	168	4	(	(	PUNCT
fbem-26247	168	5	-5.5224	-5.5224	NOUN
fbem-26247	168	6	)	)	PUNCT
fbem-26247	168	7	-0.4905	-0.4905	NOUN
fbem-26247	169	1	*	*	PUNCT
fbem-26247	169	2	*	*	PUNCT
fbem-26247	169	3	*	*	PUNCT
fbem-26247	169	4	(	(	PUNCT
fbem-26247	169	5	-5.4024	-5.4024	NOUN
fbem-26247	169	6	)	)	PUNCT
fbem-26247	169	7	pb	pb	ADP
fbem-26247	169	8	-0.0421	-0.0421	NOUN
fbem-26247	169	9	*	*	PUNCT
fbem-26247	169	10	*	*	PUNCT
fbem-26247	169	11	*	*	PUNCT
fbem-26247	169	12	(	(	PUNCT
fbem-26247	169	13	-22.3931	-22.3931	SYM
fbem-26247	169	14	)	)	PUNCT
fbem-26247	169	15	-0.0418	-0.0418	NOUN
fbem-26247	169	16	*	*	PUNCT
fbem-26247	170	1	*	*	PUNCT
fbem-26247	170	2	*	*	PUNCT
fbem-26247	170	3	(	(	PUNCT
fbem-26247	170	4	-19.5574	-19.5574	NUM
fbem-26247	170	5	)	)	PUNCT
fbem-26247	170	6	chairholdr	chairholdr	NOUN
fbem-26247	170	7	-0.0033	-0.0033	NOUN
fbem-26247	170	8	*	*	PUNCT
fbem-26247	170	9	*	*	PUNCT
fbem-26247	170	10	*	*	PUNCT
fbem-26247	170	11	(	(	PUNCT
fbem-26247	170	12	-10.0514	-10.0514	NOUN
fbem-26247	170	13	)	)	PUNCT
fbem-26247	170	14	-0.0038	-0.0038	NOUN
fbem-26247	170	15	*	*	PUNCT
fbem-26247	170	16	*	*	PUNCT
fbem-26247	170	17	*	*	PUNCT
fbem-26247	170	18	(	(	PUNCT
fbem-26247	170	19	-9.9763	-9.9763	PROPN
fbem-26247	170	20	)	)	PUNCT
fbem-26247	170	21	eps	eps	PROPN
fbem-26247	170	22	0.1437	0.1437	NUM
fbem-26247	170	23	*	*	PUNCT
fbem-26247	170	24	*	*	PUNCT
fbem-26247	170	25	*	*	PUNCT
fbem-26247	170	26	(	(	PUNCT
fbem-26247	170	27	16.7425	16.7425	NUM
fbem-26247	170	28	)	)	PUNCT
fbem-26247	170	29	0.1563	0.1563	PROPN
fbem-26247	170	30	*	*	PUNCT
fbem-26247	170	31	*	*	PUNCT
fbem-26247	170	32	*	*	PUNCT
fbem-26247	170	33	(	(	PUNCT
fbem-26247	170	34	15.9983	15.9983	NUM
fbem-26247	170	35	)	)	PUNCT
fbem-26247	170	36	asr	asr	NOUN
fbem-26247	170	37	-0.3151	-0.3151	PUNCT
fbem-26247	170	38	*	*	PUNCT
fbem-26247	171	1	*	*	PUNCT
fbem-26247	171	2	*	*	PUNCT
fbem-26247	171	3	(	(	PUNCT
fbem-26247	171	4	-27.6413	-27.6413	NOUN
fbem-26247	171	5	)	)	PUNCT
fbem-26247	171	6	-0.3182	-0.3182	NOUN
fbem-26247	172	1	*	*	PUNCT
fbem-26247	172	2	*	*	PUNCT
fbem-26247	172	3	*	*	PUNCT
fbem-26247	172	4	(	(	PUNCT
fbem-26247	172	5	-24.6524	-24.6524	NUM
fbem-26247	172	6	)	)	PUNCT
fbem-26247	173	1	_	_	NOUN
fbem-26247	173	2	cons	con	NOUN
fbem-26247	173	3	0.5803	0.5803	NUM
fbem-26247	173	4	*	*	PUNCT
fbem-26247	173	5	*	*	PUNCT
fbem-26247	173	6	*	*	PUNCT
fbem-26247	173	7	(	(	PUNCT
fbem-26247	173	8	12.8502	12.8502	NUM
fbem-26247	173	9	)	)	PUNCT
fbem-26247	173	10	0.6186	0.6186	X
fbem-26247	173	11	*	*	PUNCT
fbem-26247	173	12	*	*	PUNCT
fbem-26247	173	13	*	*	PUNCT
fbem-26247	173	14	(	(	PUNCT
fbem-26247	173	15	13.4744	13.4744	NUM
fbem-26247	173	16	)	)	PUNCT
fbem-26247	173	17	n	n	PRON
fbem-26247	173	18	28757	28757	NUM
fbem-26247	173	19	22517	22517	NUM
fbem-26247	173	20	r2	r2	NOUN
fbem-26247	173	21	0.4450	0.4450	NUM
fbem-26247	173	22	0.4492	0.4492	NUM
fbem-26247	173	23	4.3.5	4.3.5	NUM
fbem-26247	173	24	.	.	PUNCT
fbem-26247	174	1	psm	psm	PROPN
fbem-26247	174	2	propensity	propensity	NOUN
fbem-26247	174	3	score	score	NOUN
fbem-26247	174	4	matching	match	VERB
fbem-26247	174	5	to	to	PART
fbem-26247	174	6	further	far	ADV
fbem-26247	174	7	eliminate	eliminate	VERB
fbem-26247	174	8	the	the	DET
fbem-26247	174	9	impact	impact	NOUN
fbem-26247	174	10	of	of	ADP
fbem-26247	174	11	sample	sample	NOUN
fbem-26247	174	12	selection	selection	NOUN
fbem-26247	174	13	bias	bias	NOUN
fbem-26247	174	14	on	on	ADP
fbem-26247	174	15	the	the	DET
fbem-26247	174	16	findings	finding	NOUN
fbem-26247	174	17	,	,	PUNCT
fbem-26247	174	18	psm	psm	PROPN
fbem-26247	174	19	was	be	AUX
fbem-26247	174	20	used	use	VERB
fbem-26247	174	21	.	.	PUNCT
fbem-26247	175	1	referring	refer	VERB
fbem-26247	175	2	to	to	ADP
fbem-26247	175	3	yang	yang	PROPN
fbem-26247	175	4	and	and	CCONJ
fbem-26247	175	5	liu	liu	PROPN
fbem-26247	175	6	(	(	PUNCT
fbem-26247	175	7	2024	2024	NUM
fbem-26247	175	8	)	)	PUNCT
fbem-26247	175	9	,	,	PUNCT
fbem-26247	175	10	all	all	DET
fbem-26247	175	11	variables	variable	NOUN
fbem-26247	175	12	were	be	AUX
fbem-26247	175	13	grouped	group	VERB
fbem-26247	175	14	according	accord	VERB
fbem-26247	175	15	to	to	ADP
fbem-26247	175	16	the	the	DET
fbem-26247	175	17	median	median	ADJ
fbem-26247	175	18	confucian	confucian	ADJ
fbem-26247	175	19	culture	culture	NOUN
fbem-26247	175	20	,	,	PUNCT
fbem-26247	175	21	and	and	CCONJ
fbem-26247	175	22	all	all	DET
fbem-26247	175	23	variables	variable	NOUN
fbem-26247	175	24	were	be	AUX
fbem-26247	175	25	matched	match	VERB
fbem-26247	175	26	as	as	ADP
fbem-26247	175	27	covariates	covariate	NOUN
fbem-26247	175	28	in	in	ADP
fbem-26247	175	29	a	a	DET
fbem-26247	175	30	1:1	1:1	NUM
fbem-26247	175	31	nearest	near	ADJ
fbem-26247	175	32	neighbor	neighbor	NOUN
fbem-26247	175	33	matching	match	VERB
fbem-26247	175	34	with	with	ADP
fbem-26247	175	35	a	a	DET
fbem-26247	175	36	radius	radius	NOUN
fbem-26247	175	37	of	of	ADP
fbem-26247	175	38	0.05	0.05	NUM
fbem-26247	175	39	.	.	PUNCT
fbem-26247	176	1	the	the	DET
fbem-26247	176	2	t	t	NOUN
fbem-26247	176	3	-	-	PUNCT
fbem-26247	176	4	value	value	NOUN
fbem-26247	176	5	of	of	ADP
fbem-26247	176	6	att	att	PROPN
fbem-26247	176	7	(	(	PUNCT
fbem-26247	176	8	average	average	ADJ
fbem-26247	176	9	treatment	treatment	NOUN
fbem-26247	176	10	effect	effect	NOUN
fbem-26247	176	11	)	)	PUNCT
fbem-26247	176	12	after	after	ADP
fbem-26247	176	13	matching	match	VERB
fbem-26247	176	14	was	be	AUX
fbem-26247	176	15	-3.99	-3.99	ADJ
fbem-26247	176	16	,	,	PUNCT
fbem-26247	176	17	significant	significant	ADJ
fbem-26247	176	18	at	at	ADP
fbem-26247	176	19	the	the	DET
fbem-26247	176	20	1	1	NUM
fbem-26247	176	21	%	%	NOUN
fbem-26247	176	22	level	level	NOUN
fbem-26247	176	23	.	.	PUNCT
fbem-26247	177	1	re	re	VERB
fbem-26247	177	2	-	-	VERB
fbem-26247	177	3	running	run	VERB
fbem-26247	177	4	the	the	DET
fbem-26247	177	5	regression	regression	NOUN
fbem-26247	177	6	again	again	ADV
fbem-26247	177	7	with	with	ADP
fbem-26247	177	8	the	the	DET
fbem-26247	177	9	matched	match	VERB
fbem-26247	177	10	samples	sample	NOUN
fbem-26247	177	11	,	,	PUNCT
fbem-26247	177	12	the	the	DET
fbem-26247	177	13	regression	regression	NOUN
fbem-26247	177	14	result	result	NOUN
fbem-26247	177	15	of	of	ADP
fbem-26247	177	16	confucian	confucian	ADJ
fbem-26247	177	17	culture	culture	NOUN
fbem-26247	177	18	and	and	CCONJ
fbem-26247	177	19	stock	stock	NOUN
fbem-26247	177	20	price	price	NOUN
fbem-26247	177	21	synchronization	synchronization	NOUN
fbem-26247	177	22	is	be	AUX
fbem-26247	177	23	-0.0043	-0.0043	ADJ
fbem-26247	177	24	,	,	PUNCT
fbem-26247	177	25	which	which	PRON
fbem-26247	177	26	is	be	AUX
fbem-26247	177	27	significantly	significantly	ADV
fbem-26247	177	28	negatively	negatively	ADV
fbem-26247	177	29	correlated	correlate	VERB
fbem-26247	177	30	at	at	ADP
fbem-26247	177	31	the	the	DET
fbem-26247	177	32	1	1	NUM
fbem-26247	177	33	%	%	NOUN
fbem-26247	177	34	level	level	NOUN
fbem-26247	177	35	,	,	PUNCT
fbem-26247	177	36	supporting	support	VERB
fbem-26247	177	37	the	the	DET
fbem-26247	177	38	established	establish	VERB
fbem-26247	177	39	conclusions	conclusion	NOUN
fbem-26247	177	40	of	of	ADP
fbem-26247	177	41	this	this	DET
fbem-26247	177	42	paper	paper	NOUN
fbem-26247	177	43	.	.	PUNCT
fbem-26247	178	1	217	217	NUM
fbem-26247	178	2	table	table	NOUN
fbem-26247	178	3	7	7	NUM
fbem-26247	178	4	.	.	PUNCT
fbem-26247	178	5	psm	psm	PROPN
fbem-26247	178	6	test	test	NOUN
fbem-26247	178	7	synch_1	synch_1	PROPN
fbem-26247	178	8	js200	js200	PROPN
fbem-26247	178	9	-0.0043	-0.0043	PROPN
fbem-26247	178	10	*	*	PUNCT
fbem-26247	179	1	*	*	PUNCT
fbem-26247	179	2	*	*	PUNCT
fbem-26247	179	3	(	(	PUNCT
fbem-26247	179	4	-2.7655	-2.7655	PROPN
fbem-26247	179	5	)	)	PUNCT
fbem-26247	179	6	controls	control	VERB
fbem-26247	179	7	yes	yes	INTJ
fbem-26247	179	8	_	_	NOUN
fbem-26247	179	9	cons	con	NOUN
fbem-26247	179	10	0.6723	0.6723	NOUN
fbem-26247	179	11	*	*	PUNCT
fbem-26247	179	12	*	*	PUNCT
fbem-26247	179	13	*	*	PUNCT
fbem-26247	179	14	(	(	PUNCT
fbem-26247	179	15	9.5791	9.5791	NUM
fbem-26247	179	16	)	)	PUNCT
fbem-26247	179	17	year&ind	year&ind	NOUN
fbem-26247	180	1	yes	yes	INTJ
fbem-26247	180	2	n	n	CCONJ
fbem-26247	180	3	16171	16171	NUM
fbem-26247	180	4	r2	r2	NOUN
fbem-26247	180	5	0.4495	0.4495	NUM
fbem-26247	180	6	5	5	NUM
fbem-26247	180	7	.	.	PUNCT
fbem-26247	181	1	further	further	ADJ
fbem-26247	181	2	analysis	analysis	NOUN
fbem-26247	181	3	5.1	5.1	NUM
fbem-26247	181	4	.	.	PUNCT
fbem-26247	182	1	mechanism	mechanism	NOUN
fbem-26247	182	2	analysis	analysis	NOUN
fbem-26247	182	3	based	base	VERB
fbem-26247	182	4	on	on	ADP
fbem-26247	182	5	the	the	DET
fbem-26247	182	6	theoretical	theoretical	ADJ
fbem-26247	182	7	derivations	derivation	NOUN
fbem-26247	182	8	in	in	ADP
fbem-26247	182	9	the	the	DET
fbem-26247	182	10	previous	previous	ADJ
fbem-26247	182	11	section	section	NOUN
fbem-26247	182	12	,	,	PUNCT
fbem-26247	182	13	this	this	DET
fbem-26247	182	14	paper	paper	NOUN
fbem-26247	182	15	argues	argue	VERB
fbem-26247	182	16	that	that	SCONJ
fbem-26247	182	17	confucian	confucian	ADJ
fbem-26247	182	18	culture	culture	NOUN
fbem-26247	182	19	will	will	AUX
fbem-26247	182	20	affect	affect	VERB
fbem-26247	182	21	stock	stock	NOUN
fbem-26247	182	22	price	price	NOUN
fbem-26247	182	23	synchronization	synchronization	NOUN
fbem-26247	182	24	in	in	ADP
fbem-26247	182	25	the	the	DET
fbem-26247	182	26	following	follow	VERB
fbem-26247	182	27	two	two	NUM
fbem-26247	182	28	ways	way	NOUN
fbem-26247	182	29	.	.	PUNCT
fbem-26247	183	1	(	(	PUNCT
fbem-26247	183	2	1	1	X
fbem-26247	183	3	)	)	PUNCT
fbem-26247	183	4	suppressing	suppress	VERB
fbem-26247	183	5	managers	manager	NOUN
fbem-26247	183	6	'	'	PART
fbem-26247	183	7	self	self	NOUN
fbem-26247	183	8	-	-	PUNCT
fbem-26247	183	9	interested	interested	ADJ
fbem-26247	183	10	motives	motive	NOUN
fbem-26247	183	11	;	;	PUNCT
fbem-26247	183	12	and	and	CCONJ
fbem-26247	183	13	(	(	PUNCT
fbem-26247	183	14	2	2	X
fbem-26247	183	15	)	)	PUNCT
fbem-26247	183	16	improving	improve	VERB
fbem-26247	183	17	the	the	DET
fbem-26247	183	18	quality	quality	NOUN
fbem-26247	183	19	of	of	ADP
fbem-26247	183	20	corporate	corporate	ADJ
fbem-26247	183	21	information	information	NOUN
fbem-26247	183	22	.	.	PUNCT
fbem-26247	184	1	5.1.1	5.1.1	X
fbem-26247	184	2	.	.	PUNCT
fbem-26247	184	3	managerial	managerial	ADJ
fbem-26247	184	4	self	self	NOUN
fbem-26247	184	5	-	-	PUNCT
fbem-26247	184	6	interest	interest	NOUN
fbem-26247	184	7	motives	motive	NOUN
fbem-26247	184	8	first	first	ADV
fbem-26247	184	9	,	,	PUNCT
fbem-26247	184	10	this	this	DET
fbem-26247	184	11	paper	paper	NOUN
fbem-26247	184	12	uses	use	VERB
fbem-26247	184	13	overinvestment	overinvestment	NOUN
fbem-26247	184	14	to	to	PART
fbem-26247	184	15	measure	measure	VERB
fbem-26247	184	16	the	the	DET
fbem-26247	184	17	agency	agency	NOUN
fbem-26247	184	18	costs	cost	NOUN
fbem-26247	184	19	triggered	trigger	VERB
fbem-26247	184	20	by	by	ADP
fbem-26247	184	21	managers	manager	NOUN
fbem-26247	184	22	'	'	PART
fbem-26247	184	23	self	self	NOUN
fbem-26247	184	24	-	-	PUNCT
fbem-26247	184	25	interested	interested	ADJ
fbem-26247	184	26	motives	motive	NOUN
fbem-26247	184	27	,	,	PUNCT
fbem-26247	184	28	where	where	SCONJ
fbem-26247	184	29	overinvestment	overinvestment	NOUN
fbem-26247	184	30	is	be	AUX
fbem-26247	184	31	obtained	obtain	VERB
fbem-26247	184	32	by	by	ADP
fbem-26247	184	33	referring	refer	VERB
fbem-26247	184	34	to	to	ADP
fbem-26247	184	35	the	the	DET
fbem-26247	184	36	calculation	calculation	NOUN
fbem-26247	184	37	method	method	NOUN
fbem-26247	184	38	of	of	ADP
fbem-26247	184	39	biddle	biddle	PROPN
fbem-26247	184	40	(	(	PUNCT
fbem-26247	184	41	2009	2009	NUM
fbem-26247	184	42	)	)	PUNCT
fbem-26247	184	43	.	.	PUNCT
fbem-26247	185	1	the	the	DET
fbem-26247	185	2	results	result	NOUN
fbem-26247	185	3	in	in	ADP
fbem-26247	185	4	columns	column	NOUN
fbem-26247	185	5	1	1	NUM
fbem-26247	185	6	and	and	CCONJ
fbem-26247	185	7	2	2	NUM
fbem-26247	185	8	of	of	ADP
fbem-26247	185	9	table	table	NOUN
fbem-26247	185	10	8	8	NUM
fbem-26247	185	11	show	show	VERB
fbem-26247	185	12	that	that	SCONJ
fbem-26247	185	13	js200	js200	PROPN
fbem-26247	185	14	is	be	AUX
fbem-26247	185	15	significantly	significantly	ADV
fbem-26247	185	16	negatively	negatively	ADV
fbem-26247	185	17	correlated	correlate	VERB
fbem-26247	185	18	with	with	ADP
fbem-26247	185	19	overinvestment	overinvestment	NOUN
fbem-26247	185	20	at	at	ADP
fbem-26247	185	21	the	the	DET
fbem-26247	185	22	1	1	NUM
fbem-26247	185	23	%	%	NOUN
fbem-26247	185	24	level	level	NOUN
fbem-26247	185	25	,	,	PUNCT
fbem-26247	185	26	indicating	indicate	VERB
fbem-26247	185	27	that	that	SCONJ
fbem-26247	185	28	confucianism	confucianism	NOUN
fbem-26247	185	29	can	can	AUX
fbem-26247	185	30	significantly	significantly	ADV
fbem-26247	185	31	reduce	reduce	VERB
fbem-26247	185	32	managers	manager	NOUN
fbem-26247	185	33	'	'	PART
fbem-26247	185	34	opportunistic	opportunistic	ADJ
fbem-26247	185	35	behavior	behavior	NOUN
fbem-26247	185	36	,	,	PUNCT
fbem-26247	185	37	which	which	PRON
fbem-26247	185	38	is	be	AUX
fbem-26247	185	39	consistent	consistent	ADJ
fbem-26247	185	40	with	with	ADP
fbem-26247	185	41	the	the	DET
fbem-26247	185	42	previous	previous	ADJ
fbem-26247	185	43	inference	inference	NOUN
fbem-26247	185	44	that	that	PRON
fbem-26247	185	45	confucianism	confucianism	NOUN
fbem-26247	185	46	can	can	AUX
fbem-26247	185	47	reduce	reduce	VERB
fbem-26247	185	48	firms	firm	NOUN
fbem-26247	185	49	'	'	PART
fbem-26247	185	50	stock	stock	NOUN
fbem-26247	185	51	price	price	NOUN
fbem-26247	185	52	synchronization	synchronization	NOUN
fbem-26247	185	53	by	by	ADP
fbem-26247	185	54	suppressing	suppress	VERB
fbem-26247	185	55	managers	manager	NOUN
fbem-26247	185	56	'	'	PART
fbem-26247	185	57	self	self	NOUN
fbem-26247	185	58	-	-	PUNCT
fbem-26247	185	59	interested	interested	ADJ
fbem-26247	185	60	motives	motive	NOUN
fbem-26247	185	61	.	.	PUNCT
fbem-26247	186	1	5.1.2	5.1.2	X
fbem-26247	186	2	.	.	X
fbem-26247	186	3	quality	quality	NOUN
fbem-26247	186	4	of	of	ADP
fbem-26247	186	5	the	the	DET
fbem-26247	186	6	company	company	NOUN
fbem-26247	186	7	's	's	PART
fbem-26247	186	8	information	information	NOUN
fbem-26247	186	9	second	second	ADJ
fbem-26247	186	10	,	,	PUNCT
fbem-26247	186	11	this	this	DET
fbem-26247	186	12	paper	paper	NOUN
fbem-26247	186	13	measures	measure	VERB
fbem-26247	186	14	the	the	DET
fbem-26247	186	15	firm	firm	NOUN
fbem-26247	186	16	's	's	PART
fbem-26247	186	17	information	information	NOUN
fbem-26247	186	18	quality	quality	NOUN
fbem-26247	186	19	with	with	ADP
fbem-26247	186	20	surplus	surplus	ADJ
fbem-26247	186	21	management	management	NOUN
fbem-26247	186	22	,	,	PUNCT
fbem-26247	186	23	which	which	PRON
fbem-26247	186	24	is	be	AUX
fbem-26247	186	25	calculated	calculate	VERB
fbem-26247	186	26	using	use	VERB
fbem-26247	186	27	the	the	DET
fbem-26247	186	28	basic	basic	ADJ
fbem-26247	186	29	jones	jones	PROPN
fbem-26247	186	30	model	model	PROPN
fbem-26247	186	31	.	.	PUNCT
fbem-26247	187	1	the	the	DET
fbem-26247	187	2	results	result	NOUN
fbem-26247	187	3	are	be	AUX
fbem-26247	187	4	shown	show	VERB
fbem-26247	187	5	in	in	ADP
fbem-26247	187	6	columns	column	NOUN
fbem-26247	187	7	3	3	NUM
fbem-26247	187	8	and	and	CCONJ
fbem-26247	187	9	4	4	NUM
fbem-26247	187	10	of	of	ADP
fbem-26247	187	11	table	table	NOUN
fbem-26247	187	12	8	8	NUM
fbem-26247	187	13	,	,	PUNCT
fbem-26247	187	14	and	and	CCONJ
fbem-26247	187	15	it	it	PRON
fbem-26247	187	16	can	can	AUX
fbem-26247	187	17	be	be	AUX
fbem-26247	187	18	found	find	VERB
fbem-26247	187	19	that	that	SCONJ
fbem-26247	187	20	confucian	confucian	ADJ
fbem-26247	187	21	culture	culture	NOUN
fbem-26247	187	22	can	can	AUX
fbem-26247	187	23	significantly	significantly	ADV
fbem-26247	187	24	reduce	reduce	VERB
fbem-26247	187	25	the	the	DET
fbem-26247	187	26	level	level	NOUN
fbem-26247	187	27	of	of	ADP
fbem-26247	187	28	surplus	surplus	NOUN
fbem-26247	187	29	management	management	NOUN
fbem-26247	187	30	,	,	PUNCT
fbem-26247	187	31	and	and	CCONJ
fbem-26247	187	32	the	the	DET
fbem-26247	187	33	results	result	NOUN
fbem-26247	187	34	suggest	suggest	VERB
fbem-26247	187	35	that	that	SCONJ
fbem-26247	187	36	confucian	confucian	ADJ
fbem-26247	187	37	culture	culture	NOUN
fbem-26247	187	38	helps	help	VERB
fbem-26247	187	39	to	to	PART
fbem-26247	187	40	improve	improve	VERB
fbem-26247	187	41	the	the	DET
fbem-26247	187	42	quality	quality	NOUN
fbem-26247	187	43	of	of	ADP
fbem-26247	187	44	firm	firm	ADJ
fbem-26247	187	45	information	information	NOUN
fbem-26247	187	46	,	,	PUNCT
fbem-26247	187	47	which	which	PRON
fbem-26247	187	48	in	in	ADP
fbem-26247	187	49	turn	turn	NOUN
fbem-26247	187	50	inhibits	inhibit	VERB
fbem-26247	187	51	the	the	DET
fbem-26247	187	52	synchronization	synchronization	NOUN
fbem-26247	187	53	of	of	ADP
fbem-26247	187	54	firm	firm	ADJ
fbem-26247	187	55	stock	stock	NOUN
fbem-26247	187	56	prices	price	NOUN
fbem-26247	187	57	.	.	PUNCT
fbem-26247	188	1	table	table	NOUN
fbem-26247	188	2	8	8	NUM
fbem-26247	188	3	.	.	PUNCT
fbem-26247	188	4	mechanism	mechanism	NOUN
fbem-26247	188	5	test	test	NOUN
fbem-26247	188	6	regression	regression	NOUN
fbem-26247	188	7	results	result	NOUN
fbem-26247	188	8	(	(	PUNCT
fbem-26247	188	9	1	1	NUM
fbem-26247	188	10	)	)	PUNCT
fbem-26247	188	11	(	(	PUNCT
fbem-26247	188	12	2	2	NUM
fbem-26247	188	13	)	)	PUNCT
fbem-26247	188	14	(	(	PUNCT
fbem-26247	188	15	3	3	X
fbem-26247	188	16	)	)	PUNCT
fbem-26247	188	17	(	(	PUNCT
fbem-26247	188	18	4	4	X
fbem-26247	188	19	)	)	PUNCT
fbem-26247	188	20	overinvestment	overinvestment	ADJ
fbem-26247	188	21	surplus	surplus	NOUN
fbem-26247	188	22	management	management	NOUN
fbem-26247	188	23	js200	js200	PROPN
fbem-26247	188	24	-0.0022	-0.0022	NOUN
fbem-26247	188	25	(	(	PUNCT
fbem-26247	188	26	-1.143	-1.143	NOUN
fbem-26247	188	27	)	)	PUNCT
fbem-26247	188	28	-0.0045	-0.0045	NOUN
fbem-26247	189	1	*	*	PUNCT
fbem-26247	189	2	*	*	PUNCT
fbem-26247	189	3	*	*	PUNCT
fbem-26247	189	4	(	(	PUNCT
fbem-26247	189	5	-2.761	-2.761	PUNCT
fbem-26247	189	6	)	)	PUNCT
fbem-26247	189	7	-0.0014	-0.0014	NOUN
fbem-26247	189	8	(	(	PUNCT
fbem-26247	189	9	-0.764	-0.764	NOUN
fbem-26247	189	10	)	)	PUNCT
fbem-26247	189	11	-0.0056	-0.0056	PROPN
fbem-26247	190	1	*	*	PUNCT
fbem-26247	191	1	*	*	PUNCT
fbem-26247	191	2	*	*	PUNCT
fbem-26247	191	3	(	(	PUNCT
fbem-26247	191	4	-3.259	-3.259	NOUN
fbem-26247	191	5	)	)	PUNCT
fbem-26247	191	6	big4	big4	NOUN
fbem-26247	191	7	0.0758	0.0758	NUM
fbem-26247	191	8	*	*	PUNCT
fbem-26247	191	9	*	*	PUNCT
fbem-26247	191	10	*	*	PUNCT
fbem-26247	191	11	-3.001	-3.001	NUM
fbem-26247	192	1	0.0702	0.0702	NUM
fbem-26247	192	2	*	*	PUNCT
fbem-26247	192	3	*	*	PUNCT
fbem-26247	192	4	*	*	PUNCT
fbem-26247	192	5	-2.852	-2.852	NUM
fbem-26247	192	6	0.0444	0.0444	NUM
fbem-26247	192	7	*	*	NOUN
fbem-26247	192	8	-1.871	-1.871	NOUN
fbem-26247	192	9	0.1052	0.1052	PUNCT
fbem-26247	192	10	*	*	PUNCT
fbem-26247	192	11	*	*	PUNCT
fbem-26247	192	12	*	*	PUNCT
fbem-26247	192	13	-3.957	-3.957	PUNCT
fbem-26247	192	14	occupy	occupy	ADJ
fbem-26247	192	15	-0.3312	-0.3312	PROPN
fbem-26247	192	16	(	(	PUNCT
fbem-26247	192	17	-1.047	-1.047	NOUN
fbem-26247	192	18	)	)	PUNCT
fbem-26247	192	19	-0.8032	-0.8032	NOUN
fbem-26247	192	20	*	*	PUNCT
fbem-26247	193	1	*	*	PUNCT
fbem-26247	193	2	*	*	PUNCT
fbem-26247	193	3	(	(	PUNCT
fbem-26247	193	4	-3.316	-3.316	PUNCT
fbem-26247	193	5	)	)	PUNCT
fbem-26247	193	6	0.0867	0.0867	NUM
fbem-26247	193	7	-0.287	-0.287	NUM
fbem-26247	193	8	-1.1467	-1.1467	NOUN
fbem-26247	193	9	*	*	PUNCT
fbem-26247	193	10	*	*	PUNCT
fbem-26247	193	11	*	*	PUNCT
fbem-26247	193	12	(	(	PUNCT
fbem-26247	193	13	-4.578	-4.578	NOUN
fbem-26247	193	14	)	)	PUNCT
fbem-26247	193	15	growth	growth	NOUN
fbem-26247	193	16	-0.1286	-0.1286	NOUN
fbem-26247	193	17	*	*	PUNCT
fbem-26247	194	1	*	*	PUNCT
fbem-26247	194	2	*	*	PUNCT
fbem-26247	194	3	(	(	PUNCT
fbem-26247	194	4	-5.914	-5.914	NOUN
fbem-26247	194	5	)	)	PUNCT
fbem-26247	194	6	-0.0964	-0.0964	PUNCT
fbem-26247	194	7	*	*	PUNCT
fbem-26247	195	1	*	*	PUNCT
fbem-26247	195	2	*	*	PUNCT
fbem-26247	195	3	(	(	PUNCT
fbem-26247	195	4	-6.531	-6.531	NUM
fbem-26247	195	5	)	)	PUNCT
fbem-26247	195	6	-0.0885	-0.0885	NOUN
fbem-26247	195	7	*	*	PUNCT
fbem-26247	195	8	*	*	PUNCT
fbem-26247	195	9	*	*	PUNCT
fbem-26247	195	10	(	(	PUNCT
fbem-26247	195	11	-4.287	-4.287	X
fbem-26247	195	12	)	)	PUNCT
fbem-26247	195	13	-0.1145	-0.1145	NOUN
fbem-26247	196	1	*	*	PUNCT
fbem-26247	196	2	*	*	PUNCT
fbem-26247	196	3	*	*	PUNCT
fbem-26247	196	4	(	(	PUNCT
fbem-26247	196	5	-7.511	-7.511	NUM
fbem-26247	196	6	)	)	PUNCT
fbem-26247	196	7	mfee	mfee	NOUN
fbem-26247	196	8	-0.3747	-0.3747	NOUN
fbem-26247	196	9	*	*	PUNCT
fbem-26247	196	10	*	*	PUNCT
fbem-26247	196	11	*	*	PUNCT
fbem-26247	196	12	(	(	PUNCT
fbem-26247	196	13	-3.151	-3.151	NOUN
fbem-26247	196	14	)	)	PUNCT
fbem-26247	196	15	-0.4321	-0.4321	NOUN
fbem-26247	197	1	*	*	PUNCT
fbem-26247	197	2	*	*	PUNCT
fbem-26247	197	3	*	*	PUNCT
fbem-26247	197	4	(	(	PUNCT
fbem-26247	197	5	-4.670	-4.670	NOUN
fbem-26247	197	6	)	)	PUNCT
fbem-26247	197	7	-0.5221	-0.5221	NOUN
fbem-26247	197	8	*	*	PUNCT
fbem-26247	197	9	*	*	PUNCT
fbem-26247	197	10	*	*	PUNCT
fbem-26247	197	11	(	(	PUNCT
fbem-26247	197	12	-4.654	-4.654	ADJ
fbem-26247	197	13	)	)	PUNCT
fbem-26247	197	14	-0.3399	-0.3399	NOUN
fbem-26247	198	1	*	*	PUNCT
fbem-26247	199	1	*	*	PUNCT
fbem-26247	199	2	*	*	PUNCT
fbem-26247	199	3	(	(	PUNCT
fbem-26247	199	4	-3.523	-3.523	NOUN
fbem-26247	199	5	)	)	PUNCT
fbem-26247	199	6	pb	pb	ADP
fbem-26247	199	7	-0.0399	-0.0399	NOUN
fbem-26247	199	8	*	*	PUNCT
fbem-26247	199	9	*	*	PUNCT
fbem-26247	199	10	*	*	PUNCT
fbem-26247	199	11	(	(	PUNCT
fbem-26247	199	12	-13.133	-13.133	NOUN
fbem-26247	199	13	)	)	PUNCT
fbem-26247	199	14	-0.0426	-0.0426	NOUN
fbem-26247	199	15	*	*	PUNCT
fbem-26247	200	1	*	*	PUNCT
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fbem-26247	200	3	(	(	PUNCT
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fbem-26247	200	5	)	)	PUNCT
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fbem-26247	201	1	*	*	PUNCT
fbem-26247	201	2	*	*	PUNCT
fbem-26247	201	3	*	*	PUNCT
fbem-26247	201	4	(	(	PUNCT
fbem-26247	201	5	-16.681	-16.681	NOUN
fbem-26247	201	6	)	)	PUNCT
fbem-26247	201	7	-0.0394	-0.0394	NOUN
fbem-26247	201	8	*	*	PUNCT
fbem-26247	202	1	*	*	PUNCT
fbem-26247	202	2	*	*	PUNCT
fbem-26247	202	3	(	(	PUNCT
fbem-26247	202	4	-16.786	-16.786	ADJ
fbem-26247	202	5	)	)	PUNCT
fbem-26247	202	6	chairholdr	chairholdr	NOUN
fbem-26247	202	7	-0.0033	-0.0033	NOUN
fbem-26247	202	8	*	*	PUNCT
fbem-26247	202	9	*	*	PUNCT
fbem-26247	202	10	*	*	PUNCT
fbem-26247	202	11	(	(	PUNCT
fbem-26247	202	12	-6.375	-6.375	INTJ
fbem-26247	202	13	)	)	PUNCT
fbem-26247	202	14	-0.0035	-0.0035	NOUN
fbem-26247	203	1	*	*	PUNCT
fbem-26247	203	2	*	*	PUNCT
fbem-26247	203	3	*	*	PUNCT
fbem-26247	203	4	(	(	PUNCT
fbem-26247	203	5	-8.519	-8.519	X
fbem-26247	203	6	)	)	PUNCT
fbem-26247	203	7	-0.0035	-0.0035	NOUN
fbem-26247	203	8	*	*	PUNCT
fbem-26247	204	1	*	*	PUNCT
fbem-26247	204	2	*	*	PUNCT
fbem-26247	204	3	(	(	PUNCT
fbem-26247	204	4	-7.518	-7.518	ADJ
fbem-26247	204	5	)	)	PUNCT
fbem-26247	204	6	-0.0032	-0.0032	NOUN
fbem-26247	205	1	*	*	PUNCT
fbem-26247	205	2	*	*	PUNCT
fbem-26247	205	3	*	*	PUNCT
fbem-26247	205	4	(	(	PUNCT
fbem-26247	205	5	-7.368	-7.368	NOUN
fbem-26247	205	6	)	)	PUNCT
fbem-26247	205	7	eps	ep	VERB
fbem-26247	205	8	0.1563	0.1563	PROPN
fbem-26247	205	9	*	*	PUNCT
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fbem-26247	205	13	0.1330	0.1330	NUM
fbem-26247	205	14	*	*	PUNCT
fbem-26247	205	15	*	*	PUNCT
fbem-26247	205	16	*	*	PUNCT
fbem-26247	205	17	-12.463	-12.463	NUM
fbem-26247	206	1	0.1637	0.1637	NUM
fbem-26247	206	2	*	*	PUNCT
fbem-26247	206	3	*	*	PUNCT
fbem-26247	206	4	*	*	PUNCT
fbem-26247	206	5	-12.197	-12.197	NUM
fbem-26247	206	6	0.1296	0.1296	NUM
fbem-26247	206	7	*	*	PUNCT
fbem-26247	206	8	*	*	PUNCT
fbem-26247	206	9	*	*	PUNCT
fbem-26247	206	10	-12.571	-12.571	PROPN
fbem-26247	206	11	asr	asr	PROPN
fbem-26247	206	12	-0.3279	-0.3279	PROPN
fbem-26247	206	13	*	*	PUNCT
fbem-26247	207	1	*	*	PUNCT
fbem-26247	207	2	*	*	PUNCT
fbem-26247	207	3	(	(	PUNCT
fbem-26247	207	4	-18.906	-18.906	PRON
fbem-26247	207	5	)	)	PUNCT
fbem-26247	207	6	-0.3207	-0.3207	NOUN
fbem-26247	207	7	*	*	PUNCT
fbem-26247	207	8	*	*	PUNCT
fbem-26247	207	9	*	*	PUNCT
fbem-26247	207	10	(	(	PUNCT
fbem-26247	207	11	-22.191	-22.191	NOUN
fbem-26247	207	12	)	)	PUNCT
fbem-26247	207	13	-0.3222	-0.3222	NOUN
fbem-26247	208	1	*	*	PUNCT
fbem-26247	208	2	*	*	PUNCT
fbem-26247	208	3	*	*	PUNCT
fbem-26247	208	4	(	(	PUNCT
fbem-26247	208	5	-19.438	-19.438	NOUN
fbem-26247	208	6	)	)	PUNCT
fbem-26247	208	7	-0.3176	-0.3176	NOUN
fbem-26247	209	1	*	*	PUNCT
fbem-26247	210	1	*	*	PUNCT
fbem-26247	210	2	*	*	PUNCT
fbem-26247	210	3	(	(	PUNCT
fbem-26247	210	4	-21.241	-21.241	PUNCT
fbem-26247	210	5	)	)	PUNCT
fbem-26247	210	6	_	_	NOUN
fbem-26247	210	7	cons	con	NOUN
fbem-26247	210	8	0.5308	0.5308	NUM
fbem-26247	210	9	*	*	PUNCT
fbem-26247	210	10	*	*	PUNCT
fbem-26247	210	11	*	*	PUNCT
fbem-26247	210	12	-8.326	-8.326	NOUN
fbem-26247	210	13	0.5858	0.5858	PUNCT
fbem-26247	210	14	*	*	PUNCT
fbem-26247	210	15	*	*	PUNCT
fbem-26247	210	16	*	*	PUNCT
fbem-26247	210	17	-10.378	-10.378	NOUN
fbem-26247	210	18	0.5438	0.5438	NUM
fbem-26247	210	19	*	*	PUNCT
fbem-26247	210	20	*	*	PUNCT
fbem-26247	210	21	*	*	PUNCT
fbem-26247	210	22	-8.847	-8.847	PUNCT
fbem-26247	211	1	0.5874	0.5874	NUM
fbem-26247	211	2	*	*	PUNCT
fbem-26247	211	3	*	*	PUNCT
fbem-26247	211	4	*	*	PUNCT
fbem-26247	211	5	-10.116	-10.116	PUNCT
fbem-26247	211	6	n	n	CCONJ
fbem-26247	211	7	12914	12914	NUM
fbem-26247	211	8	17813	17813	NUM
fbem-26247	211	9	14702	14702	NUM
fbem-26247	211	10	16025	16025	NUM
fbem-26247	211	11	r2	r2	PROPN
fbem-26247	211	12	0.4496	0.4496	NUM
fbem-26247	211	13	0.4428	0.4428	NUM
fbem-26247	211	14	0.4493	0.4493	NUM
fbem-26247	211	15	0.4397	0.4397	NUM
fbem-26247	211	16	5.2	5.2	NUM
fbem-26247	211	17	.	.	PUNCT
fbem-26247	212	1	heterogeneity	heterogeneity	NOUN
fbem-26247	212	2	analysis	analysis	NOUN
fbem-26247	212	3	5.2.1	5.2.1	NUM
fbem-26247	212	4	.	.	PUNCT
fbem-26247	213	1	overseas	overseas	ADJ
fbem-26247	213	2	culture	culture	NOUN
fbem-26247	213	3	shock	shock	NOUN
fbem-26247	213	4	china	china	PROPN
fbem-26247	213	5	's	's	PART
fbem-26247	213	6	confucian	confucian	ADJ
fbem-26247	213	7	culture	culture	NOUN
fbem-26247	213	8	has	have	AUX
fbem-26247	213	9	been	be	AUX
fbem-26247	213	10	influenced	influence	VERB
fbem-26247	213	11	through	through	ADP
fbem-26247	213	12	long	long	ADJ
fbem-26247	213	13	periods	period	NOUN
fbem-26247	213	14	of	of	ADP
fbem-26247	213	15	subtle	subtle	ADJ
fbem-26247	213	16	influence	influence	NOUN
fbem-26247	213	17	,	,	PUNCT
fbem-26247	213	18	but	but	CCONJ
fbem-26247	213	19	with	with	ADP
fbem-26247	213	20	the	the	DET
fbem-26247	213	21	advent	advent	NOUN
fbem-26247	213	22	of	of	ADP
fbem-26247	213	23	the	the	DET
fbem-26247	213	24	globalization	globalization	NOUN
fbem-26247	213	25	era	era	NOUN
fbem-26247	213	26	,	,	PUNCT
fbem-26247	213	27	chinese	chinese	ADJ
fbem-26247	213	28	firms	firm	NOUN
fbem-26247	213	29	are	be	AUX
fbem-26247	213	30	facing	face	VERB
fbem-26247	213	31	an	an	DET
fbem-26247	213	32	increasingly	increasingly	ADV
fbem-26247	213	33	international	international	ADJ
fbem-26247	213	34	environment	environment	NOUN
fbem-26247	213	35	.	.	PUNCT
fbem-26247	214	1	the	the	DET
fbem-26247	214	2	influence	influence	NOUN
fbem-26247	214	3	of	of	ADP
fbem-26247	214	4	confucian	confucian	ADJ
fbem-26247	214	5	culture	culture	NOUN
fbem-26247	214	6	on	on	ADP
fbem-26247	214	7	stock	stock	NOUN
fbem-26247	214	8	price	price	NOUN
fbem-26247	214	9	synchronization	synchronization	NOUN
fbem-26247	214	10	may	may	AUX
fbem-26247	214	11	change	change	VERB
fbem-26247	214	12	due	due	ADP
fbem-26247	214	13	to	to	ADP
fbem-26247	214	14	the	the	DET
fbem-26247	214	15	impact	impact	NOUN
fbem-26247	214	16	of	of	ADP
fbem-26247	214	17	foreign	foreign	ADJ
fbem-26247	214	18	culture	culture	NOUN
fbem-26247	214	19	.	.	PUNCT
fbem-26247	215	1	therefore	therefore	ADV
fbem-26247	215	2	,	,	PUNCT
fbem-26247	215	3	this	this	DET
fbem-26247	215	4	paper	paper	NOUN
fbem-26247	215	5	draws	draw	VERB
fbem-26247	215	6	on	on	ADP
fbem-26247	215	7	zhang	zhang	PROPN
fbem-26247	215	8	et	et	PROPN
fbem-26247	215	9	al	al	PROPN
fbem-26247	215	10	's	's	PART
fbem-26247	215	11	(	(	PUNCT
fbem-26247	215	12	2023	2023	NUM
fbem-26247	215	13	)	)	PUNCT
fbem-26247	215	14	study	study	NOUN
fbem-26247	215	15	,	,	PUNCT
fbem-26247	215	16	which	which	PRON
fbem-26247	215	17	measures	measure	VERB
fbem-26247	215	18	foreign	foreign	ADJ
fbem-26247	215	19	cultural	cultural	ADJ
fbem-26247	215	20	shocks	shock	NOUN
fbem-26247	215	21	by	by	ADP
fbem-26247	215	22	whether	whether	SCONJ
fbem-26247	215	23	the	the	DET
fbem-26247	215	24	directors	director	NOUN
fbem-26247	215	25	and	and	CCONJ
fbem-26247	215	26	supervisors	supervisor	NOUN
fbem-26247	215	27	have	have	AUX
fbem-26247	215	28	overseas	overseas	ADJ
fbem-26247	215	29	backgrounds	background	NOUN
fbem-26247	215	30	,	,	PUNCT
fbem-26247	215	31	and	and	CCONJ
fbem-26247	215	32	divides	divide	VERB
fbem-26247	215	33	the	the	DET
fbem-26247	215	34	sample	sample	NOUN
fbem-26247	215	35	into	into	ADP
fbem-26247	215	36	a	a	DET
fbem-26247	215	37	shocked	shocked	ADJ
fbem-26247	215	38	sample	sample	NOUN
fbem-26247	215	39	group	group	NOUN
fbem-26247	215	40	and	and	CCONJ
fbem-26247	215	41	an	an	DET
fbem-26247	215	42	unshocked	unshocked	ADJ
fbem-26247	215	43	sample	sample	NOUN
fbem-26247	215	44	group	group	NOUN
fbem-26247	215	45	to	to	PART
fbem-26247	215	46	test	test	VERB
fbem-26247	215	47	the	the	DET
fbem-26247	215	48	relationship	relationship	NOUN
fbem-26247	215	49	between	between	ADP
fbem-26247	215	50	confucian	confucian	ADJ
fbem-26247	215	51	culture	culture	NOUN
fbem-26247	215	52	and	and	CCONJ
fbem-26247	215	53	stock	stock	NOUN
fbem-26247	215	54	price	price	NOUN
fbem-26247	215	55	synchronization	synchronization	NOUN
fbem-26247	215	56	in	in	ADP
fbem-26247	215	57	each	each	PRON
fbem-26247	215	58	of	of	ADP
fbem-26247	215	59	the	the	DET
fbem-26247	215	60	two	two	NUM
fbem-26247	215	61	groups	group	NOUN
fbem-26247	215	62	.	.	PUNCT
fbem-26247	216	1	the	the	DET
fbem-26247	216	2	results	result	NOUN
fbem-26247	216	3	,	,	PUNCT
fbem-26247	216	4	as	as	SCONJ
fbem-26247	216	5	shown	show	VERB
fbem-26247	216	6	in	in	ADP
fbem-26247	216	7	columns	column	NOUN
fbem-26247	216	8	1	1	NUM
fbem-26247	216	9	and	and	CCONJ
fbem-26247	216	10	2	2	NUM
fbem-26247	216	11	of	of	ADP
fbem-26247	216	12	table	table	NOUN
fbem-26247	216	13	9	9	NUM
fbem-26247	216	14	,	,	PUNCT
fbem-26247	216	15	show	show	VERB
fbem-26247	216	16	that	that	SCONJ
fbem-26247	216	17	the	the	DET
fbem-26247	216	18	coefficient	coefficient	NOUN
fbem-26247	216	19	of	of	ADP
fbem-26247	216	20	confucian	confucian	ADJ
fbem-26247	216	21	culture	culture	NOUN
fbem-26247	216	22	is	be	AUX
fbem-26247	216	23	insignificant	insignificant	ADJ
fbem-26247	216	24	when	when	SCONJ
fbem-26247	216	25	subjected	subject	VERB
fbem-26247	216	26	to	to	ADP
fbem-26247	216	27	an	an	DET
fbem-26247	216	28	external	external	ADJ
fbem-26247	216	29	cultural	cultural	ADJ
fbem-26247	216	30	shock	shock	NOUN
fbem-26247	216	31	,	,	PUNCT
fbem-26247	216	32	and	and	CCONJ
fbem-26247	216	33	the	the	DET
fbem-26247	216	34	coefficient	coefficient	NOUN
fbem-26247	216	35	is	be	AUX
fbem-26247	216	36	significantly	significantly	ADV
fbem-26247	216	37	negatively	negatively	ADV
fbem-26247	216	38	correlated	correlate	VERB
fbem-26247	216	39	at	at	ADP
fbem-26247	216	40	the	the	DET
fbem-26247	216	41	5	5	NUM
fbem-26247	216	42	%	%	NOUN
fbem-26247	216	43	level	level	NOUN
fbem-26247	216	44	when	when	SCONJ
fbem-26247	216	45	not	not	PART
fbem-26247	216	46	subjected	subject	VERB
fbem-26247	216	47	to	to	ADP
fbem-26247	216	48	an	an	DET
fbem-26247	216	49	external	external	ADJ
fbem-26247	216	50	cultural	cultural	ADJ
fbem-26247	216	51	shock	shock	NOUN
fbem-26247	216	52	.	.	PUNCT
fbem-26247	217	1	this	this	PRON
fbem-26247	217	2	suggests	suggest	VERB
fbem-26247	217	3	that	that	SCONJ
fbem-26247	217	4	confucian	confucian	ADJ
fbem-26247	217	5	culture	culture	NOUN
fbem-26247	217	6	has	have	VERB
fbem-26247	217	7	an	an	DET
fbem-26247	217	8	insignificant	insignificant	ADJ
fbem-26247	217	9	effect	effect	NOUN
fbem-26247	217	10	on	on	ADP
fbem-26247	217	11	stock	stock	NOUN
fbem-26247	217	12	price	price	NOUN
fbem-26247	217	13	synchronization	synchronization	NOUN
fbem-26247	217	14	when	when	SCONJ
fbem-26247	217	15	subjected	subject	VERB
fbem-26247	217	16	to	to	ADP
fbem-26247	217	17	foreign	foreign	ADJ
fbem-26247	217	18	cultural	cultural	ADJ
fbem-26247	217	19	shocks	shock	NOUN
fbem-26247	217	20	,	,	PUNCT
fbem-26247	217	21	while	while	SCONJ
fbem-26247	217	22	confucian	confucian	ADJ
fbem-26247	217	23	culture	culture	NOUN
fbem-26247	217	24	exerts	exert	VERB
fbem-26247	217	25	a	a	DET
fbem-26247	217	26	dampening	dampening	ADJ
fbem-26247	217	27	effect	effect	NOUN
fbem-26247	217	28	on	on	ADP
fbem-26247	217	29	stock	stock	NOUN
fbem-26247	217	30	price	price	NOUN
fbem-26247	217	31	synchronization	synchronization	NOUN
fbem-26247	217	32	when	when	SCONJ
fbem-26247	217	33	not	not	PART
fbem-26247	217	34	subjected	subject	VERB
fbem-26247	217	35	to	to	ADP
fbem-26247	217	36	foreign	foreign	ADJ
fbem-26247	217	37	cultural	cultural	ADJ
fbem-26247	217	38	shocks	shock	NOUN
fbem-26247	217	39	.	.	PUNCT
fbem-26247	218	1	5.2.2	5.2.2	NUM
fbem-26247	218	2	.	.	PUNCT
fbem-26247	218	3	analyst	analyst	NOUN
fbem-26247	218	4	focus	focus	VERB
fbem-26247	218	5	there	there	PRON
fbem-26247	218	6	are	be	VERB
fbem-26247	218	7	also	also	ADV
fbem-26247	218	8	differences	difference	NOUN
fbem-26247	218	9	in	in	ADP
fbem-26247	218	10	the	the	DET
fbem-26247	218	11	external	external	ADJ
fbem-26247	218	12	oversight	oversight	NOUN
fbem-26247	218	13	of	of	ADP
fbem-26247	218	14	the	the	DET
fbem-26247	218	15	capital	capital	NOUN
fbem-26247	218	16	market	market	NOUN
fbem-26247	218	17	that	that	PRON
fbem-26247	218	18	listed	list	VERB
fbem-26247	218	19	companies	company	NOUN
fbem-26247	218	20	face	face	VERB
fbem-26247	218	21	in	in	ADP
fbem-26247	218	22	the	the	DET
fbem-26247	218	23	course	course	NOUN
fbem-26247	218	24	of	of	ADP
fbem-26247	218	25	their	their	PRON
fbem-26247	218	26	operations	operation	NOUN
fbem-26247	218	27	.	.	PUNCT
fbem-26247	219	1	for	for	ADP
fbem-26247	219	2	firms	firm	NOUN
fbem-26247	219	3	that	that	PRON
fbem-26247	219	4	are	be	AUX
fbem-26247	219	5	subject	subject	ADJ
fbem-26247	219	6	to	to	ADP
fbem-26247	219	7	more	more	ADV
fbem-26247	219	8	external	external	ADJ
fbem-26247	219	9	monitoring	monitoring	NOUN
fbem-26247	219	10	,	,	PUNCT
fbem-26247	219	11	both	both	PRON
fbem-26247	219	12	managerial	managerial	ADJ
fbem-26247	219	13	self	self	NOUN
fbem-26247	219	14	-	-	PUNCT
fbem-26247	219	15	interested	interest	VERB
fbem-26247	219	16	behavior	behavior	NOUN
fbem-26247	219	17	and	and	CCONJ
fbem-26247	219	18	the	the	DET
fbem-26247	219	19	quality	quality	NOUN
fbem-26247	219	20	of	of	ADP
fbem-26247	219	21	corporate	corporate	ADJ
fbem-26247	219	22	information	information	NOUN
fbem-26247	219	23	are	be	AUX
fbem-26247	219	24	affected	affect	VERB
fbem-26247	219	25	.	.	PUNCT
fbem-26247	220	1	this	this	DET
fbem-26247	220	2	paper	paper	NOUN
fbem-26247	220	3	expects	expect	VERB
fbem-26247	220	4	that	that	SCONJ
fbem-26247	220	5	for	for	SCONJ
fbem-26247	220	6	firms	firm	NOUN
fbem-26247	220	7	subject	subject	ADJ
fbem-26247	220	8	to	to	ADP
fbem-26247	220	9	more	more	ADV
fbem-26247	220	10	external	external	ADJ
fbem-26247	220	11	monitoring	monitoring	NOUN
fbem-26247	220	12	,	,	PUNCT
fbem-26247	220	13	stock	stock	NOUN
fbem-26247	220	14	price	price	NOUN
fbem-26247	220	15	synchronization	synchronization	NOUN
fbem-26247	220	16	may	may	AUX
fbem-26247	220	17	be	be	AUX
fbem-26247	220	18	effectively	effectively	ADV
fbem-26247	220	19	limited	limit	VERB
fbem-26247	220	20	without	without	ADP
fbem-26247	220	21	the	the	DET
fbem-26247	220	22	need	need	NOUN
fbem-26247	220	23	for	for	SCONJ
fbem-26247	220	24	confucian	confucian	ADJ
fbem-26247	220	25	culture	culture	NOUN
fbem-26247	220	26	to	to	PART
fbem-26247	220	27	play	play	VERB
fbem-26247	220	28	a	a	DET
fbem-26247	220	29	role	role	NOUN
fbem-26247	220	30	,	,	PUNCT
fbem-26247	220	31	while	while	SCONJ
fbem-26247	220	32	in	in	ADP
fbem-26247	220	33	contrast	contrast	NOUN
fbem-26247	220	34	,	,	PUNCT
fbem-26247	220	35	stock	stock	NOUN
fbem-26247	220	36	price	price	NOUN
fbem-26247	220	37	synchronization	synchronization	NOUN
fbem-26247	220	38	with	with	ADP
fbem-26247	220	39	less	less	ADV
fbem-26247	220	40	external	external	ADJ
fbem-26247	220	41	218	218	NUM
fbem-26247	220	42	monitoring	monitoring	NOUN
fbem-26247	220	43	requires	require	VERB
fbem-26247	220	44	more	more	ADV
fbem-26247	220	45	soft	soft	ADJ
fbem-26247	220	46	disincentives	disincentive	NOUN
fbem-26247	220	47	from	from	ADP
fbem-26247	220	48	culture	culture	NOUN
fbem-26247	220	49	.	.	PUNCT
fbem-26247	221	1	drawing	draw	VERB
fbem-26247	221	2	on	on	ADP
fbem-26247	221	3	pang	pang	NOUN
fbem-26247	221	4	et	et	PROPN
fbem-26247	221	5	al	al	PROPN
fbem-26247	221	6	(	(	PUNCT
fbem-26247	221	7	2020	2020	NUM
fbem-26247	221	8	)	)	PUNCT
fbem-26247	221	9	,	,	PUNCT
fbem-26247	221	10	this	this	DET
fbem-26247	221	11	paper	paper	NOUN
fbem-26247	221	12	takes	take	VERB
fbem-26247	221	13	the	the	DET
fbem-26247	221	14	logarithmic	logarithmic	ADJ
fbem-26247	221	15	measure	measure	NOUN
fbem-26247	221	16	of	of	ADP
fbem-26247	221	17	being	be	AUX
fbem-26247	221	18	followed	follow	VERB
fbem-26247	221	19	by	by	ADP
fbem-26247	221	20	analysts	analyst	NOUN
fbem-26247	221	21	based	base	VERB
fbem-26247	221	22	on	on	ADP
fbem-26247	221	23	the	the	DET
fbem-26247	221	24	number	number	NOUN
fbem-26247	221	25	of	of	ADP
fbem-26247	221	26	analysts	analyst	NOUN
fbem-26247	221	27	'	'	PART
fbem-26247	221	28	followers	follower	NOUN
fbem-26247	221	29	plus	plus	CCONJ
fbem-26247	221	30	one	one	NUM
fbem-26247	221	31	,	,	PUNCT
fbem-26247	221	32	and	and	CCONJ
fbem-26247	221	33	divides	divide	VERB
fbem-26247	221	34	its	its	PRON
fbem-26247	221	35	sample	sample	NOUN
fbem-26247	221	36	into	into	ADP
fbem-26247	221	37	a	a	DET
fbem-26247	221	38	high	high	ADJ
fbem-26247	221	39	and	and	CCONJ
fbem-26247	221	40	a	a	DET
fbem-26247	221	41	low	low	ADJ
fbem-26247	221	42	attention	attention	NOUN
fbem-26247	221	43	group	group	NOUN
fbem-26247	221	44	by	by	ADP
fbem-26247	221	45	its	its	PRON
fbem-26247	221	46	median	median	ADJ
fbem-26247	221	47	value	value	NOUN
fbem-26247	221	48	.	.	PUNCT
fbem-26247	222	1	the	the	DET
fbem-26247	222	2	results	result	NOUN
fbem-26247	222	3	are	be	AUX
fbem-26247	222	4	shown	show	VERB
fbem-26247	222	5	in	in	ADP
fbem-26247	222	6	columns	column	NOUN
fbem-26247	222	7	3	3	NUM
fbem-26247	222	8	and	and	CCONJ
fbem-26247	222	9	4	4	NUM
fbem-26247	222	10	of	of	ADP
fbem-26247	222	11	table	table	NOUN
fbem-26247	222	12	9	9	NUM
fbem-26247	222	13	,	,	PUNCT
fbem-26247	222	14	which	which	PRON
fbem-26247	222	15	show	show	VERB
fbem-26247	222	16	that	that	SCONJ
fbem-26247	222	17	the	the	DET
fbem-26247	222	18	significance	significance	NOUN
fbem-26247	222	19	of	of	ADP
fbem-26247	222	20	the	the	DET
fbem-26247	222	21	low	low	ADJ
fbem-26247	222	22	attention	attention	NOUN
fbem-26247	222	23	group	group	NOUN
fbem-26247	222	24	is	be	AUX
fbem-26247	222	25	stronger	strong	ADJ
fbem-26247	222	26	compared	compare	VERB
fbem-26247	222	27	to	to	ADP
fbem-26247	222	28	the	the	DET
fbem-26247	222	29	high	high	ADJ
fbem-26247	222	30	analyst	analyst	NOUN
fbem-26247	222	31	attention	attention	NOUN
fbem-26247	222	32	group	group	NOUN
fbem-26247	222	33	,	,	PUNCT
fbem-26247	222	34	and	and	CCONJ
fbem-26247	222	35	that	that	SCONJ
fbem-26247	222	36	confucianism	confucianism	NOUN
fbem-26247	222	37	culture	culture	NOUN
fbem-26247	222	38	can	can	AUX
fbem-26247	222	39	be	be	AUX
fbem-26247	222	40	used	use	VERB
fbem-26247	222	41	as	as	ADP
fbem-26247	222	42	an	an	DET
fbem-26247	222	43	alternative	alternative	NOUN
fbem-26247	222	44	to	to	ADP
fbem-26247	222	45	an	an	DET
fbem-26247	222	46	external	external	ADJ
fbem-26247	222	47	monitoring	monitoring	NOUN
fbem-26247	222	48	mechanism	mechanism	NOUN
fbem-26247	222	49	for	for	ADP
fbem-26247	222	50	managerial	managerial	ADJ
fbem-26247	222	51	self	self	NOUN
fbem-26247	222	52	-	-	PUNCT
fbem-26247	222	53	interested	interest	VERB
fbem-26247	222	54	behavior	behavior	NOUN
fbem-26247	222	55	and	and	CCONJ
fbem-26247	222	56	firm	firm	ADJ
fbem-26247	222	57	information	information	NOUN
fbem-26247	222	58	quality	quality	NOUN
fbem-26247	222	59	to	to	PART
fbem-26247	222	60	form	form	VERB
fbem-26247	222	61	informal	informal	ADJ
fbem-26247	222	62	constraints	constraint	NOUN
fbem-26247	222	63	.	.	PUNCT
fbem-26247	223	1	table	table	NOUN
fbem-26247	223	2	9	9	NUM
fbem-26247	223	3	.	.	PUNCT
fbem-26247	224	1	heterogeneity	heterogeneity	NOUN
fbem-26247	224	2	analysis	analysis	NOUN
fbem-26247	224	3	regression	regression	NOUN
fbem-26247	224	4	results	result	NOUN
fbem-26247	224	5	(	(	PUNCT
fbem-26247	224	6	1	1	NUM
fbem-26247	224	7	)	)	PUNCT
fbem-26247	224	8	(	(	PUNCT
fbem-26247	224	9	2	2	NUM
fbem-26247	224	10	)	)	PUNCT
fbem-26247	224	11	(	(	PUNCT
fbem-26247	224	12	3	3	X
fbem-26247	224	13	)	)	PUNCT
fbem-26247	224	14	(	(	PUNCT
fbem-26247	224	15	4	4	X
fbem-26247	224	16	)	)	PUNCT
fbem-26247	224	17	overseas	overseas	ADJ
fbem-26247	224	18	culture	culture	NOUN
fbem-26247	224	19	shock	shock	NOUN
fbem-26247	224	20	analyst	analyst	NOUN
fbem-26247	224	21	focus	focus	VERB
fbem-26247	224	22	js200	js200	PROPN
fbem-26247	224	23	-0.0048	-0.0048	NOUN
fbem-26247	224	24	*	*	PROPN
fbem-26247	224	25	*	*	PUNCT
fbem-26247	224	26	(	(	PUNCT
fbem-26247	224	27	-2.543	-2.543	NOUN
fbem-26247	224	28	)	)	PUNCT
fbem-26247	224	29	-0.0031	-0.0031	NOUN
fbem-26247	224	30	*	*	PUNCT
fbem-26247	224	31	(	(	PUNCT
fbem-26247	224	32	-1.876	-1.876	NOUN
fbem-26247	224	33	)	)	PUNCT
fbem-26247	224	34	-0.0040	-0.0040	NOUN
fbem-26247	224	35	*	*	PUNCT
fbem-26247	224	36	*	*	PUNCT
fbem-26247	224	37	(	(	PUNCT
fbem-26247	224	38	-2.284	-2.284	NOUN
fbem-26247	224	39	)	)	PUNCT
fbem-26247	224	40	-0.0031	-0.0031	NOUN
fbem-26247	225	1	*	*	PUNCT
fbem-26247	225	2	(	(	PUNCT
fbem-26247	225	3	-1.841	-1.841	X
fbem-26247	225	4	)	)	PUNCT
fbem-26247	225	5	big4	big4	NOUN
fbem-26247	225	6	0.1530	0.1530	NUM
fbem-26247	225	7	*	*	PUNCT
fbem-26247	225	8	*	*	PUNCT
fbem-26247	225	9	*	*	PUNCT
fbem-26247	225	10	-4.054	-4.054	NOUN
fbem-26247	226	1	0.0636	0.0636	NUM
fbem-26247	226	2	*	*	NOUN
fbem-26247	226	3	*	*	PUNCT
fbem-26247	226	4	*	*	PUNCT
fbem-26247	226	5	-3.092	-3.092	PUNCT
fbem-26247	226	6	0.1192	0.1192	NUM
fbem-26247	226	7	*	*	PUNCT
fbem-26247	226	8	*	*	PUNCT
fbem-26247	226	9	*	*	PUNCT
fbem-26247	226	10	-3.361	-3.361	PRON
fbem-26247	226	11	0.0307	0.0307	NUM
fbem-26247	226	12	-1.509	-1.509	PUNCT
fbem-26247	226	13	occupy	occupy	NOUN
fbem-26247	226	14	-0.9043	-0.9043	NOUN
fbem-26247	226	15	*	*	PUNCT
fbem-26247	226	16	*	*	PUNCT
fbem-26247	226	17	*	*	PUNCT
fbem-26247	226	18	(	(	PUNCT
fbem-26247	226	19	-3.180	-3.180	NOUN
fbem-26247	226	20	)	)	PUNCT
fbem-26247	226	21	-0.3847	-0.3847	NOUN
fbem-26247	226	22	(	(	PUNCT
fbem-26247	226	23	-1.467	-1.467	X
fbem-26247	226	24	)	)	PUNCT
fbem-26247	226	25	-0.6920	-0.6920	PUNCT
fbem-26247	227	1	*	*	PUNCT
fbem-26247	227	2	*	*	PUNCT
fbem-26247	227	3	*	*	PUNCT
fbem-26247	227	4	(	(	PUNCT
fbem-26247	227	5	-2.660	-2.660	NOUN
fbem-26247	227	6	)	)	PUNCT
fbem-26247	227	7	-0.4935	-0.4935	NOUN
fbem-26247	227	8	*	*	PUNCT
fbem-26247	227	9	(	(	PUNCT
fbem-26247	227	10	-1.748	-1.748	X
fbem-26247	227	11	)	)	PUNCT
fbem-26247	227	12	growth	growth	NOUN
fbem-26247	227	13	-0.1252	-0.1252	NOUN
fbem-26247	227	14	*	*	PUNCT
fbem-26247	228	1	*	*	PUNCT
fbem-26247	228	2	*	*	PUNCT
fbem-26247	228	3	(	(	PUNCT
fbem-26247	228	4	-6.945	-6.945	ADJ
fbem-26247	228	5	)	)	PUNCT
fbem-26247	228	6	-0.0985	-0.0985	NOUN
fbem-26247	229	1	*	*	PUNCT
fbem-26247	230	1	*	*	PUNCT
fbem-26247	230	2	*	*	PUNCT
fbem-26247	230	3	(	(	PUNCT
fbem-26247	230	4	-5.940	-5.940	ADJ
fbem-26247	230	5	)	)	PUNCT
fbem-26247	230	6	-0.1121	-0.1121	NOUN
fbem-26247	231	1	*	*	PUNCT
fbem-26247	231	2	*	*	PUNCT
fbem-26247	231	3	*	*	PUNCT
fbem-26247	231	4	(	(	PUNCT
fbem-26247	231	5	-6.614	-6.614	NOUN
fbem-26247	231	6	)	)	PUNCT
fbem-26247	231	7	-0.1072	-0.1072	NOUN
fbem-26247	232	1	*	*	PUNCT
fbem-26247	232	2	*	*	PUNCT
fbem-26247	232	3	*	*	PUNCT
fbem-26247	232	4	(	(	PUNCT
fbem-26247	232	5	-6.184	-6.184	NOUN
fbem-26247	232	6	)	)	PUNCT
fbem-26247	232	7	mfee	mfee	NOUN
fbem-26247	232	8	-0.4655	-0.4655	NOUN
fbem-26247	232	9	*	*	PUNCT
fbem-26247	233	1	*	*	PUNCT
fbem-26247	233	2	*	*	PUNCT
fbem-26247	233	3	(	(	PUNCT
fbem-26247	233	4	-4.291	-4.291	ADJ
fbem-26247	233	5	)	)	PUNCT
fbem-26247	233	6	-0.4189	-0.4189	X
fbem-26247	233	7	*	*	PUNCT
fbem-26247	233	8	*	*	PUNCT
fbem-26247	233	9	*	*	PUNCT
fbem-26247	233	10	(	(	PUNCT
fbem-26247	233	11	-4.214	-4.214	ADJ
fbem-26247	233	12	)	)	PUNCT
fbem-26247	233	13	-0.2963	-0.2963	PROPN
fbem-26247	233	14	*	*	PUNCT
fbem-26247	233	15	*	*	PUNCT
fbem-26247	233	16	*	*	PUNCT
fbem-26247	233	17	(	(	PUNCT
fbem-26247	233	18	-3.095	-3.095	NOUN
fbem-26247	233	19	)	)	PUNCT
fbem-26247	233	20	-0.4940	-0.4940	NOUN
fbem-26247	233	21	*	*	PUNCT
fbem-26247	233	22	*	*	PUNCT
fbem-26247	233	23	*	*	PUNCT
fbem-26247	233	24	(	(	PUNCT
fbem-26247	233	25	-4.430	-4.430	PROPN
fbem-26247	233	26	)	)	PUNCT
fbem-26247	233	27	pb	pb	ADP
fbem-26247	233	28	-0.0466	-0.0466	NOUN
fbem-26247	233	29	*	*	PUNCT
fbem-26247	233	30	*	*	PUNCT
fbem-26247	233	31	*	*	PUNCT
fbem-26247	233	32	(	(	PUNCT
fbem-26247	233	33	-17.056	-17.056	PROPN
fbem-26247	233	34	)	)	PUNCT
fbem-26247	233	35	-0.0407	-0.0407	NOUN
fbem-26247	234	1	*	*	PUNCT
fbem-26247	234	2	*	*	PUNCT
fbem-26247	234	3	*	*	PUNCT
fbem-26247	234	4	(	(	PUNCT
fbem-26247	234	5	-16.735	-16.735	NOUN
fbem-26247	234	6	)	)	PUNCT
fbem-26247	234	7	-0.0548	-0.0548	PUNCT
fbem-26247	235	1	*	*	PUNCT
fbem-26247	235	2	*	*	PUNCT
fbem-26247	235	3	*	*	PUNCT
fbem-26247	235	4	(	(	PUNCT
fbem-26247	235	5	-20.978	-20.978	PROPN
fbem-26247	235	6	)	)	PUNCT
fbem-26247	235	7	-0.0362	-0.0362	PROPN
fbem-26247	236	1	*	*	PUNCT
fbem-26247	236	2	*	*	PUNCT
fbem-26247	236	3	*	*	PUNCT
fbem-26247	236	4	(	(	PUNCT
fbem-26247	236	5	-14.125	-14.125	NOUN
fbem-26247	236	6	)	)	PUNCT
fbem-26247	236	7	chairholdr	chairholdr	NOUN
fbem-26247	237	1	-0.0043	-0.0043	ADJ
fbem-26247	237	2	*	*	PUNCT
fbem-26247	237	3	*	*	PUNCT
fbem-26247	237	4	*	*	PUNCT
fbem-26247	237	5	(	(	PUNCT
fbem-26247	237	6	-8.694	-8.694	ADJ
fbem-26247	237	7	)	)	PUNCT
fbem-26247	237	8	-0.0028	-0.0028	NOUN
fbem-26247	238	1	*	*	PUNCT
fbem-26247	239	1	*	*	PUNCT
fbem-26247	239	2	*	*	PUNCT
fbem-26247	239	3	(	(	PUNCT
fbem-26247	239	4	-6.700	-6.700	NOUN
fbem-26247	239	5	)	)	PUNCT
fbem-26247	239	6	-0.0026	-0.0026	PUNCT
fbem-26247	240	1	*	*	PUNCT
fbem-26247	241	1	*	*	PUNCT
fbem-26247	241	2	*	*	PUNCT
fbem-26247	241	3	(	(	PUNCT
fbem-26247	241	4	-5.700	-5.700	NOUN
fbem-26247	241	5	)	)	PUNCT
fbem-26247	241	6	-0.0043	-0.0043	NOUN
fbem-26247	241	7	*	*	PUNCT
fbem-26247	241	8	*	*	PUNCT
fbem-26247	241	9	*	*	PUNCT
fbem-26247	241	10	(	(	PUNCT
fbem-26247	241	11	-9.865	-9.865	ADJ
fbem-26247	241	12	)	)	PUNCT
fbem-26247	241	13	eps	eps	PROPN
fbem-26247	241	14	0.1586	0.1586	NUM
fbem-26247	241	15	*	*	PUNCT
fbem-26247	241	16	*	*	PUNCT
fbem-26247	241	17	*	*	PUNCT
fbem-26247	241	18	-12.217	-12.217	PROPN
fbem-26247	241	19	0.1341	0.1341	NUM
fbem-26247	241	20	*	*	PUNCT
fbem-26247	241	21	*	*	PUNCT
fbem-26247	241	22	*	*	PUNCT
fbem-26247	241	23	-12.689	-12.689	PUNCT
fbem-26247	242	1	0.1078	0.1078	NUM
fbem-26247	242	2	*	*	PUNCT
fbem-26247	242	3	*	*	PUNCT
fbem-26247	242	4	*	*	PUNCT
fbem-26247	242	5	-7.054	-7.054	PUNCT
fbem-26247	243	1	0.0927	0.0927	NUM
fbem-26247	243	2	*	*	PUNCT
fbem-26247	243	3	*	*	PUNCT
fbem-26247	243	4	*	*	PUNCT
fbem-26247	243	5	-9.041	-9.041	PUNCT
fbem-26247	243	6	asr	asr	NOUN
fbem-26247	243	7	-0.3127	-0.3127	NOUN
fbem-26247	243	8	*	*	PUNCT
fbem-26247	243	9	*	*	PUNCT
fbem-26247	243	10	*	*	PUNCT
fbem-26247	243	11	(	(	PUNCT
fbem-26247	243	12	-18.180	-18.180	NOUN
fbem-26247	243	13	)	)	PUNCT
fbem-26247	243	14	-0.3242	-0.3242	NOUN
fbem-26247	243	15	*	*	PUNCT
fbem-26247	243	16	*	*	PUNCT
fbem-26247	243	17	*	*	PUNCT
fbem-26247	243	18	(	(	PUNCT
fbem-26247	243	19	-22.261	-22.261	NOUN
fbem-26247	243	20	)	)	PUNCT
fbem-26247	243	21	-0.4145	-0.4145	NOUN
fbem-26247	244	1	*	*	PUNCT
fbem-26247	244	2	*	*	PUNCT
fbem-26247	244	3	*	*	PUNCT
fbem-26247	244	4	(	(	PUNCT
fbem-26247	244	5	-23.818	-23.818	NOUN
fbem-26247	244	6	)	)	PUNCT
fbem-26247	244	7	-0.2736	-0.2736	NOUN
fbem-26247	245	1	*	*	PUNCT
fbem-26247	245	2	*	*	PUNCT
fbem-26247	245	3	*	*	PUNCT
fbem-26247	245	4	(	(	PUNCT
fbem-26247	245	5	-19.032	-19.032	INTJ
fbem-26247	246	1	)	)	PUNCT
fbem-26247	246	2	_	_	PRON
fbem-26247	246	3	cons	con	NOUN
fbem-26247	246	4	0.6121	0.6121	NUM
fbem-26247	246	5	*	*	PUNCT
fbem-26247	246	6	*	*	PUNCT
fbem-26247	246	7	*	*	PUNCT
fbem-26247	246	8	-11.05	-11.05	NOUN
fbem-26247	246	9	0.5395	0.5395	NUM
fbem-26247	246	10	*	*	PUNCT
fbem-26247	246	11	*	*	PUNCT
fbem-26247	246	12	*	*	PUNCT
fbem-26247	246	13	-8.261	-8.261	X
fbem-26247	246	14	0.5131	0.5131	NUM
fbem-26247	246	15	*	*	PUNCT
fbem-26247	246	16	*	*	PUNCT
fbem-26247	246	17	*	*	PUNCT
fbem-26247	246	18	-8.44	-8.44	PUNCT
fbem-26247	246	19	0.6268	0.6268	NUM
fbem-26247	246	20	*	*	PUNCT
fbem-26247	246	21	*	*	PUNCT
fbem-26247	246	22	*	*	PUNCT
fbem-26247	246	23	-10.897	-10.897	INTJ
fbem-26247	246	24	n	n	PROPN
fbem-26247	246	25	13323	13323	NUM
fbem-26247	246	26	17404	17404	NUM
fbem-26247	246	27	14847	14847	NUM
fbem-26247	246	28	15880	15880	NUM
fbem-26247	246	29	r2	r2	NOUN
fbem-26247	246	30	0.4586	0.4586	NUM
fbem-26247	246	31	0.4345	0.4345	NUM
fbem-26247	246	32	0.4816	0.4816	NUM
fbem-26247	246	33	0.4318	0.4318	NUM
fbem-26247	246	34	6	6	NUM
fbem-26247	246	35	.	.	PUNCT
fbem-26247	246	36	conclusions	conclusion	NOUN
fbem-26247	246	37	and	and	CCONJ
fbem-26247	246	38	recommendations	recommendation	NOUN
fbem-26247	246	39	this	this	DET
fbem-26247	246	40	paper	paper	NOUN
fbem-26247	246	41	analyzes	analyze	VERB
fbem-26247	246	42	the	the	DET
fbem-26247	246	43	role	role	NOUN
fbem-26247	246	44	of	of	ADP
fbem-26247	246	45	confucian	confucian	ADJ
fbem-26247	246	46	culture	culture	NOUN
fbem-26247	246	47	on	on	ADP
fbem-26247	246	48	stock	stock	NOUN
fbem-26247	246	49	price	price	NOUN
fbem-26247	246	50	synchronicity	synchronicity	NOUN
fbem-26247	246	51	and	and	CCONJ
fbem-26247	246	52	its	its	PRON
fbem-26247	246	53	path	path	NOUN
fbem-26247	246	54	of	of	ADP
fbem-26247	246	55	influence	influence	NOUN
fbem-26247	246	56	from	from	ADP
fbem-26247	246	57	a	a	DET
fbem-26247	246	58	micro	micro	ADJ
fbem-26247	246	59	perspective	perspective	NOUN
fbem-26247	246	60	based	base	VERB
fbem-26247	246	61	on	on	ADP
fbem-26247	246	62	data	datum	NOUN
fbem-26247	246	63	from	from	ADP
fbem-26247	246	64	listed	list	VERB
fbem-26247	246	65	companies	company	NOUN
fbem-26247	246	66	from	from	ADP
fbem-26247	246	67	20082021	20082021	NUM
fbem-26247	246	68	.	.	PUNCT
fbem-26247	247	1	it	it	PRON
fbem-26247	247	2	is	be	AUX
fbem-26247	247	3	found	find	VERB
fbem-26247	247	4	that	that	SCONJ
fbem-26247	247	5	confucian	confucian	ADJ
fbem-26247	247	6	culture	culture	NOUN
fbem-26247	247	7	can	can	AUX
fbem-26247	247	8	inhibit	inhibit	VERB
fbem-26247	247	9	the	the	DET
fbem-26247	247	10	level	level	NOUN
fbem-26247	247	11	of	of	ADP
fbem-26247	247	12	stock	stock	NOUN
fbem-26247	247	13	price	price	NOUN
fbem-26247	247	14	synchronization	synchronization	NOUN
fbem-26247	247	15	.	.	PUNCT
fbem-26247	248	1	the	the	DET
fbem-26247	248	2	mechanism	mechanism	NOUN
fbem-26247	248	3	of	of	ADP
fbem-26247	248	4	confucian	confucian	ADJ
fbem-26247	248	5	culture	culture	NOUN
fbem-26247	248	6	's	's	PART
fbem-26247	248	7	effect	effect	NOUN
fbem-26247	248	8	on	on	ADP
fbem-26247	248	9	stock	stock	NOUN
fbem-26247	248	10	price	price	NOUN
fbem-26247	248	11	synchronization	synchronization	NOUN
fbem-26247	248	12	is	be	AUX
fbem-26247	248	13	analyzed	analyze	VERB
fbem-26247	248	14	in	in	ADP
fbem-26247	248	15	terms	term	NOUN
fbem-26247	248	16	of	of	ADP
fbem-26247	248	17	managers	manager	NOUN
fbem-26247	248	18	'	'	PART
fbem-26247	248	19	self	self	NOUN
fbem-26247	248	20	-	-	PUNCT
fbem-26247	248	21	interested	interested	ADJ
fbem-26247	248	22	motives	motive	NOUN
fbem-26247	248	23	and	and	CCONJ
fbem-26247	248	24	firms	firm	NOUN
fbem-26247	248	25	'	'	PART
fbem-26247	248	26	information	information	NOUN
fbem-26247	248	27	quality	quality	NOUN
fbem-26247	248	28	,	,	PUNCT
fbem-26247	248	29	and	and	CCONJ
fbem-26247	248	30	the	the	DET
fbem-26247	248	31	results	result	NOUN
fbem-26247	248	32	show	show	VERB
fbem-26247	248	33	that	that	SCONJ
fbem-26247	248	34	confucian	confucian	ADJ
fbem-26247	248	35	culture	culture	NOUN
fbem-26247	248	36	reduces	reduce	VERB
fbem-26247	248	37	stock	stock	NOUN
fbem-26247	248	38	price	price	NOUN
fbem-26247	248	39	synchronization	synchronization	NOUN
fbem-26247	248	40	by	by	ADP
fbem-26247	248	41	reducing	reduce	VERB
fbem-26247	248	42	managers	manager	NOUN
fbem-26247	248	43	'	'	PART
fbem-26247	248	44	self	self	NOUN
fbem-26247	248	45	-	-	PUNCT
fbem-26247	248	46	interested	interested	ADJ
fbem-26247	248	47	behaviors	behavior	NOUN
fbem-26247	248	48	and	and	CCONJ
fbem-26247	248	49	improving	improve	VERB
fbem-26247	248	50	information	information	NOUN
fbem-26247	248	51	quality	quality	NOUN
fbem-26247	248	52	.	.	PUNCT
fbem-26247	249	1	further	further	ADJ
fbem-26247	249	2	analysis	analysis	NOUN
fbem-26247	249	3	shows	show	VERB
fbem-26247	249	4	that	that	SCONJ
fbem-26247	249	5	this	this	DET
fbem-26247	249	6	influence	influence	NOUN
fbem-26247	249	7	effect	effect	NOUN
fbem-26247	249	8	is	be	AUX
fbem-26247	249	9	stronger	strong	ADJ
fbem-26247	249	10	in	in	ADP
fbem-26247	249	11	firms	firm	NOUN
fbem-26247	249	12	that	that	PRON
fbem-26247	249	13	are	be	AUX
fbem-26247	249	14	not	not	PART
fbem-26247	249	15	exposed	expose	VERB
fbem-26247	249	16	to	to	ADP
fbem-26247	249	17	external	external	ADJ
fbem-26247	249	18	shocks	shock	NOUN
fbem-26247	249	19	and	and	CCONJ
fbem-26247	249	20	have	have	VERB
fbem-26247	249	21	less	less	ADJ
fbem-26247	249	22	analyst	analyst	NOUN
fbem-26247	249	23	attention	attention	NOUN
fbem-26247	249	24	.	.	PUNCT
fbem-26247	250	1	the	the	DET
fbem-26247	250	2	research	research	NOUN
fbem-26247	250	3	recommendations	recommendation	NOUN
fbem-26247	250	4	of	of	ADP
fbem-26247	250	5	this	this	DET
fbem-26247	250	6	paper	paper	NOUN
fbem-26247	250	7	are	be	AUX
fbem-26247	250	8	as	as	SCONJ
fbem-26247	250	9	follows	follow	VERB
fbem-26247	250	10	:	:	PUNCT
fbem-26247	250	11	first	first	ADV
fbem-26247	250	12	,	,	PUNCT
fbem-26247	250	13	firm	firm	ADJ
fbem-26247	250	14	cultural	cultural	ADJ
fbem-26247	250	15	confidence	confidence	NOUN
fbem-26247	250	16	is	be	AUX
fbem-26247	250	17	an	an	DET
fbem-26247	250	18	important	important	ADJ
fbem-26247	250	19	driving	driving	NOUN
fbem-26247	250	20	force	force	NOUN
fbem-26247	250	21	to	to	PART
fbem-26247	250	22	promote	promote	VERB
fbem-26247	250	23	enterprise	enterprise	NOUN
fbem-26247	250	24	development	development	NOUN
fbem-26247	250	25	.	.	PUNCT
fbem-26247	251	1	from	from	ADP
fbem-26247	251	2	the	the	DET
fbem-26247	251	3	results	result	NOUN
fbem-26247	251	4	of	of	ADP
fbem-26247	251	5	the	the	DET
fbem-26247	251	6	study	study	NOUN
fbem-26247	251	7	,	,	PUNCT
fbem-26247	251	8	it	it	PRON
fbem-26247	251	9	can	can	AUX
fbem-26247	251	10	be	be	AUX
fbem-26247	251	11	seen	see	VERB
fbem-26247	251	12	that	that	SCONJ
fbem-26247	251	13	confucian	confucian	ADJ
fbem-26247	251	14	culture	culture	NOUN
fbem-26247	251	15	has	have	VERB
fbem-26247	251	16	an	an	DET
fbem-26247	251	17	obvious	obvious	ADJ
fbem-26247	251	18	inhibitory	inhibitory	ADJ
fbem-26247	251	19	effect	effect	NOUN
fbem-26247	251	20	on	on	ADP
fbem-26247	251	21	stock	stock	NOUN
fbem-26247	251	22	price	price	NOUN
fbem-26247	251	23	synchronization	synchronization	NOUN
fbem-26247	251	24	,	,	PUNCT
fbem-26247	251	25	which	which	PRON
fbem-26247	251	26	is	be	AUX
fbem-26247	251	27	conducive	conducive	ADJ
fbem-26247	251	28	to	to	ADP
fbem-26247	251	29	improving	improve	VERB
fbem-26247	251	30	the	the	DET
fbem-26247	251	31	pricing	pricing	NOUN
fbem-26247	251	32	efficiency	efficiency	NOUN
fbem-26247	251	33	of	of	ADP
fbem-26247	251	34	china	china	PROPN
fbem-26247	251	35	's	's	PART
fbem-26247	251	36	capital	capital	NOUN
fbem-26247	251	37	market	market	NOUN
fbem-26247	251	38	.	.	PUNCT
fbem-26247	252	1	there	there	PRON
fbem-26247	252	2	is	be	VERB
fbem-26247	252	3	a	a	DET
fbem-26247	252	4	close	close	ADJ
fbem-26247	252	5	and	and	CCONJ
fbem-26247	252	6	far	far	ADV
fbem-26247	252	7	-	-	PUNCT
fbem-26247	252	8	reaching	reach	VERB
fbem-26247	252	9	connection	connection	NOUN
fbem-26247	252	10	between	between	ADP
fbem-26247	252	11	cultural	cultural	ADJ
fbem-26247	252	12	self	self	NOUN
fbem-26247	252	13	-	-	PUNCT
fbem-26247	252	14	confidence	confidence	NOUN
fbem-26247	252	15	and	and	CCONJ
fbem-26247	252	16	enterprise	enterprise	NOUN
fbem-26247	252	17	development	development	NOUN
fbem-26247	252	18	.	.	PUNCT
fbem-26247	253	1	firm	firm	ADJ
fbem-26247	253	2	cultural	cultural	ADJ
fbem-26247	253	3	self	self	NOUN
fbem-26247	253	4	-	-	PUNCT
fbem-26247	253	5	confidence	confidence	NOUN
fbem-26247	253	6	is	be	AUX
fbem-26247	253	7	an	an	DET
fbem-26247	253	8	important	important	ADJ
fbem-26247	253	9	spiritual	spiritual	ADJ
fbem-26247	253	10	source	source	NOUN
fbem-26247	253	11	to	to	PART
fbem-26247	253	12	promote	promote	VERB
fbem-26247	253	13	the	the	DET
fbem-26247	253	14	sustained	sustained	ADJ
fbem-26247	253	15	prosperity	prosperity	NOUN
fbem-26247	253	16	and	and	CCONJ
fbem-26247	253	17	development	development	NOUN
fbem-26247	253	18	of	of	ADP
fbem-26247	253	19	enterprises	enterprise	NOUN
fbem-26247	253	20	,	,	PUNCT
fbem-26247	253	21	which	which	PRON
fbem-26247	253	22	is	be	AUX
fbem-26247	253	23	not	not	PART
fbem-26247	253	24	only	only	ADV
fbem-26247	253	25	the	the	DET
fbem-26247	253	26	cornerstone	cornerstone	NOUN
fbem-26247	253	27	for	for	ADP
fbem-26247	253	28	shaping	shape	VERB
fbem-26247	253	29	the	the	DET
fbem-26247	253	30	unique	unique	ADJ
fbem-26247	253	31	brand	brand	NOUN
fbem-26247	253	32	image	image	NOUN
fbem-26247	253	33	of	of	ADP
fbem-26247	253	34	an	an	DET
fbem-26247	253	35	enterprise	enterprise	NOUN
fbem-26247	253	36	,	,	PUNCT
fbem-26247	253	37	but	but	CCONJ
fbem-26247	253	38	also	also	ADV
fbem-26247	253	39	the	the	DET
fbem-26247	253	40	key	key	NOUN
fbem-26247	253	41	to	to	ADP
fbem-26247	253	42	inheriting	inherit	VERB
fbem-26247	253	43	the	the	DET
fbem-26247	253	44	deep	deep	ADJ
fbem-26247	253	45	corporate	corporate	ADJ
fbem-26247	253	46	cultural	cultural	ADJ
fbem-26247	253	47	heritage	heritage	NOUN
fbem-26247	253	48	and	and	CCONJ
fbem-26247	253	49	enhancing	enhance	VERB
fbem-26247	253	50	the	the	DET
fbem-26247	253	51	sense	sense	NOUN
fbem-26247	253	52	of	of	ADP
fbem-26247	253	53	corporate	corporate	ADJ
fbem-26247	253	54	social	social	ADJ
fbem-26247	253	55	responsibility	responsibility	NOUN
fbem-26247	253	56	.	.	PUNCT
fbem-26247	254	1	in	in	ADP
fbem-26247	254	2	today	today	NOUN
fbem-26247	254	3	's	's	PART
fbem-26247	254	4	increasingly	increasingly	ADV
fbem-26247	254	5	competitive	competitive	ADJ
fbem-26247	254	6	globalized	globalized	ADJ
fbem-26247	254	7	business	business	NOUN
fbem-26247	254	8	environment	environment	NOUN
fbem-26247	254	9	,	,	PUNCT
fbem-26247	254	10	enterprises	enterprise	NOUN
fbem-26247	254	11	should	should	AUX
fbem-26247	254	12	be	be	AUX
fbem-26247	254	13	deeply	deeply	ADV
fbem-26247	254	14	aware	aware	ADJ
fbem-26247	254	15	of	of	ADP
fbem-26247	254	16	the	the	DET
fbem-26247	254	17	positive	positive	ADJ
fbem-26247	254	18	excavation	excavation	NOUN
fbem-26247	254	19	and	and	CCONJ
fbem-26247	254	20	inheritance	inheritance	NOUN
fbem-26247	254	21	of	of	ADP
fbem-26247	254	22	their	their	PRON
fbem-26247	254	23	own	own	ADJ
fbem-26247	254	24	cultural	cultural	ADJ
fbem-26247	254	25	traditions	tradition	NOUN
fbem-26247	254	26	and	and	CCONJ
fbem-26247	254	27	core	core	NOUN
fbem-26247	254	28	values	value	NOUN
fbem-26247	254	29	,	,	PUNCT
fbem-26247	254	30	and	and	CCONJ
fbem-26247	254	31	firm	firm	ADJ
fbem-26247	254	32	cultural	cultural	ADJ
fbem-26247	254	33	self	self	NOUN
fbem-26247	254	34	-	-	PUNCT
fbem-26247	254	35	confidence	confidence	NOUN
fbem-26247	254	36	can	can	AUX
fbem-26247	254	37	inject	inject	VERB
fbem-26247	254	38	inexhaustible	inexhaustible	ADJ
fbem-26247	254	39	creativity	creativity	NOUN
fbem-26247	254	40	and	and	CCONJ
fbem-26247	254	41	vitality	vitality	NOUN
fbem-26247	254	42	into	into	ADP
fbem-26247	254	43	the	the	DET
fbem-26247	254	44	development	development	NOUN
fbem-26247	254	45	of	of	ADP
fbem-26247	254	46	enterprises	enterprise	NOUN
fbem-26247	254	47	,	,	PUNCT
fbem-26247	254	48	enhance	enhance	VERB
fbem-26247	254	49	the	the	DET
fbem-26247	254	50	cohesion	cohesion	NOUN
fbem-26247	254	51	and	and	CCONJ
fbem-26247	254	52	centripetal	centripetal	ADJ
fbem-26247	254	53	force	force	NOUN
fbem-26247	254	54	of	of	ADP
fbem-26247	254	55	the	the	DET
fbem-26247	254	56	enterprise	enterprise	NOUN
fbem-26247	254	57	,	,	PUNCT
fbem-26247	254	58	so	so	SCONJ
fbem-26247	254	59	that	that	SCONJ
fbem-26247	254	60	the	the	DET
fbem-26247	254	61	enterprise	enterprise	NOUN
fbem-26247	254	62	in	in	ADP
fbem-26247	254	63	the	the	DET
fbem-26247	254	64	fierce	fierce	ADJ
fbem-26247	254	65	competition	competition	NOUN
fbem-26247	254	66	in	in	ADP
fbem-26247	254	67	the	the	DET
fbem-26247	254	68	market	market	NOUN
fbem-26247	254	69	is	be	AUX
fbem-26247	254	70	unique	unique	ADJ
fbem-26247	254	71	,	,	PUNCT
fbem-26247	254	72	and	and	CCONJ
fbem-26247	254	73	to	to	PART
fbem-26247	254	74	win	win	VERB
fbem-26247	254	75	a	a	DET
fbem-26247	254	76	broader	broad	ADJ
fbem-26247	254	77	space	space	NOUN
fbem-26247	254	78	for	for	ADP
fbem-26247	254	79	development	development	NOUN
fbem-26247	254	80	and	and	CCONJ
fbem-26247	254	81	respect	respect	NOUN
fbem-26247	254	82	of	of	ADP
fbem-26247	254	83	the	the	DET
fbem-26247	254	84	community	community	NOUN
fbem-26247	254	85	.	.	PUNCT
fbem-26247	255	1	second	second	ADV
fbem-26247	255	2	,	,	PUNCT
fbem-26247	255	3	continuously	continuously	ADV
fbem-26247	255	4	improve	improve	VERB
fbem-26247	255	5	the	the	DET
fbem-26247	255	6	construction	construction	NOUN
fbem-26247	255	7	of	of	ADP
fbem-26247	255	8	capital	capital	NOUN
fbem-26247	255	9	market	market	NOUN
fbem-26247	255	10	.	.	PUNCT
fbem-26247	256	1	the	the	DET
fbem-26247	256	2	findings	finding	NOUN
fbem-26247	256	3	of	of	ADP
fbem-26247	256	4	this	this	DET
fbem-26247	256	5	paper	paper	NOUN
fbem-26247	256	6	are	be	AUX
fbem-26247	256	7	conducive	conducive	ADJ
fbem-26247	256	8	to	to	ADP
fbem-26247	256	9	reducing	reduce	VERB
fbem-26247	256	10	stock	stock	NOUN
fbem-26247	256	11	price	price	NOUN
fbem-26247	256	12	synchronization	synchronization	NOUN
fbem-26247	256	13	and	and	CCONJ
fbem-26247	256	14	strengthening	strengthen	VERB
fbem-26247	256	15	capital	capital	NOUN
fbem-26247	256	16	market	market	NOUN
fbem-26247	256	17	pricing	pricing	NOUN
fbem-26247	256	18	efficiency	efficiency	NOUN
fbem-26247	256	19	.	.	PUNCT
fbem-26247	257	1	continuously	continuously	ADV
fbem-26247	257	2	improving	improve	VERB
fbem-26247	257	3	the	the	DET
fbem-26247	257	4	construction	construction	NOUN
fbem-26247	257	5	of	of	ADP
fbem-26247	257	6	the	the	DET
fbem-26247	257	7	capital	capital	NOUN
fbem-26247	257	8	market	market	NOUN
fbem-26247	257	9	is	be	AUX
fbem-26247	257	10	an	an	DET
fbem-26247	257	11	intrinsic	intrinsic	ADJ
fbem-26247	257	12	requirement	requirement	NOUN
fbem-26247	257	13	for	for	ADP
fbem-26247	257	14	promoting	promote	VERB
fbem-26247	257	15	high	high	ADJ
fbem-26247	257	16	-	-	PUNCT
fbem-26247	257	17	quality	quality	NOUN
fbem-26247	257	18	economic	economic	ADJ
fbem-26247	257	19	development	development	NOUN
fbem-26247	257	20	and	and	CCONJ
fbem-26247	257	21	a	a	DET
fbem-26247	257	22	key	key	ADJ
fbem-26247	257	23	initiative	initiative	NOUN
fbem-26247	257	24	to	to	PART
fbem-26247	257	25	enhance	enhance	VERB
fbem-26247	257	26	the	the	DET
fbem-26247	257	27	efficiency	efficiency	NOUN
fbem-26247	257	28	of	of	ADP
fbem-26247	257	29	corporate	corporate	ADJ
fbem-26247	257	30	financing	financing	NOUN
fbem-26247	257	31	and	and	CCONJ
fbem-26247	257	32	resource	resource	NOUN
fbem-26247	257	33	allocation	allocation	NOUN
fbem-26247	257	34	capacity	capacity	NOUN
fbem-26247	257	35	.	.	PUNCT
fbem-26247	258	1	it	it	PRON
fbem-26247	258	2	is	be	AUX
fbem-26247	258	3	necessary	necessary	ADJ
fbem-26247	258	4	to	to	PART
fbem-26247	258	5	ensure	ensure	VERB
fbem-26247	258	6	that	that	SCONJ
fbem-26247	258	7	capital	capital	NOUN
fbem-26247	258	8	can	can	AUX
fbem-26247	258	9	flow	flow	VERB
fbem-26247	258	10	more	more	ADV
fbem-26247	258	11	precisely	precisely	ADV
fbem-26247	258	12	and	and	CCONJ
fbem-26247	258	13	efficiently	efficiently	ADV
fbem-26247	258	14	to	to	ADP
fbem-26247	258	15	high	high	ADJ
fbem-26247	258	16	-	-	PUNCT
fbem-26247	258	17	quality	quality	NOUN
fbem-26247	258	18	enterprises	enterprise	NOUN
fbem-26247	258	19	with	with	ADP
fbem-26247	258	20	development	development	NOUN
fbem-26247	258	21	potential	potential	NOUN
fbem-26247	258	22	.	.	PUNCT
fbem-26247	259	1	by	by	ADP
fbem-26247	259	2	optimizing	optimize	VERB
fbem-26247	259	3	the	the	DET
fbem-26247	259	4	information	information	NOUN
fbem-26247	259	5	disclosure	disclosure	NOUN
fbem-26247	259	6	,	,	PUNCT
fbem-26247	259	7	regulatory	regulatory	ADJ
fbem-26247	259	8	mechanism	mechanism	NOUN
fbem-26247	259	9	and	and	CCONJ
fbem-26247	259	10	trading	trading	NOUN
fbem-26247	259	11	rules	rule	NOUN
fbem-26247	259	12	of	of	ADP
fbem-26247	259	13	the	the	DET
fbem-26247	259	14	capital	capital	NOUN
fbem-26247	259	15	market	market	NOUN
fbem-26247	259	16	,	,	PUNCT
fbem-26247	259	17	the	the	DET
fbem-26247	259	18	transparency	transparency	NOUN
fbem-26247	259	19	and	and	CCONJ
fbem-26247	259	20	fairness	fairness	NOUN
fbem-26247	259	21	of	of	ADP
fbem-26247	259	22	the	the	DET
fbem-26247	259	23	market	market	NOUN
fbem-26247	259	24	can	can	AUX
fbem-26247	259	25	be	be	AUX
fbem-26247	259	26	further	far	ADV
fbem-26247	259	27	enhanced	enhance	VERB
fbem-26247	259	28	to	to	PART
fbem-26247	259	29	provide	provide	VERB
fbem-26247	259	30	more	more	ADV
fbem-26247	259	31	solid	solid	ADJ
fbem-26247	259	32	financial	financial	ADJ
fbem-26247	259	33	support	support	NOUN
fbem-26247	259	34	for	for	ADP
fbem-26247	259	35	the	the	DET
fbem-26247	259	36	longterm	longterm	ADJ
fbem-26247	259	37	development	development	NOUN
fbem-26247	259	38	of	of	ADP
fbem-26247	259	39	enterprises	enterprise	NOUN
fbem-26247	259	40	,	,	PUNCT
fbem-26247	259	41	and	and	CCONJ
fbem-26247	259	42	at	at	ADP
fbem-26247	259	43	the	the	DET
fbem-26247	259	44	same	same	ADJ
fbem-26247	259	45	time	time	NOUN
fbem-26247	259	46	create	create	VERB
fbem-26247	259	47	a	a	DET
fbem-26247	259	48	safer	safe	ADJ
fbem-26247	259	49	and	and	CCONJ
fbem-26247	259	50	more	more	ADV
fbem-26247	259	51	robust	robust	ADJ
fbem-26247	259	52	investment	investment	NOUN
fbem-26247	259	53	environment	environment	NOUN
fbem-26247	259	54	for	for	ADP
fbem-26247	259	55	investors	investor	NOUN
fbem-26247	259	56	and	and	CCONJ
fbem-26247	259	57	promote	promote	VERB
fbem-26247	259	58	the	the	DET
fbem-26247	259	59	healthy	healthy	ADJ
fbem-26247	259	60	and	and	CCONJ
fbem-26247	259	61	stable	stable	ADJ
fbem-26247	259	62	development	development	NOUN
fbem-26247	259	63	of	of	ADP
fbem-26247	259	64	the	the	DET
fbem-26247	259	65	capital	capital	NOUN
fbem-26247	259	66	market	market	NOUN
fbem-26247	259	67	.	.	PUNCT
fbem-26247	260	1	third	third	ADV
fbem-26247	260	2	,	,	PUNCT
fbem-26247	260	3	it	it	PRON
fbem-26247	260	4	is	be	AUX
fbem-26247	260	5	important	important	ADJ
fbem-26247	260	6	to	to	PART
fbem-26247	260	7	establish	establish	VERB
fbem-26247	260	8	correct	correct	ADJ
fbem-26247	260	9	values	value	NOUN
fbem-26247	260	10	.	.	PUNCT
fbem-26247	261	1	the	the	DET
fbem-26247	261	2	management	management	NOUN
fbem-26247	261	3	maintains	maintain	VERB
fbem-26247	261	4	morality	morality	NOUN
fbem-26247	261	5	and	and	CCONJ
fbem-26247	261	6	integrity	integrity	NOUN
fbem-26247	261	7	,	,	PUNCT
fbem-26247	261	8	which	which	PRON
fbem-26247	261	9	is	be	AUX
fbem-26247	261	10	the	the	DET
fbem-26247	261	11	soul	soul	NOUN
fbem-26247	261	12	and	and	CCONJ
fbem-26247	261	13	cornerstone	cornerstone	NOUN
fbem-26247	261	14	of	of	ADP
fbem-26247	261	15	the	the	DET
fbem-26247	261	16	sustainable	sustainable	ADJ
fbem-26247	261	17	development	development	NOUN
fbem-26247	261	18	of	of	ADP
fbem-26247	261	19	the	the	DET
fbem-26247	261	20	enterprise	enterprise	NOUN
fbem-26247	261	21	.	.	PUNCT
fbem-26247	262	1	as	as	ADP
fbem-26247	262	2	the	the	DET
fbem-26247	262	3	navigator	navigator	NOUN
fbem-26247	262	4	of	of	ADP
fbem-26247	262	5	the	the	DET
fbem-26247	262	6	enterprise	enterprise	NOUN
fbem-26247	262	7	,	,	PUNCT
fbem-26247	262	8	their	their	PRON
fbem-26247	262	9	words	word	NOUN
fbem-26247	262	10	,	,	PUNCT
fbem-26247	262	11	deeds	deed	NOUN
fbem-26247	262	12	and	and	CCONJ
fbem-26247	262	13	decision	decision	NOUN
fbem-26247	262	14	-	-	PUNCT
fbem-26247	262	15	making	make	VERB
fbem-26247	262	16	behaviors	behavior	NOUN
fbem-26247	262	17	influence	influence	VERB
fbem-26247	262	18	the	the	DET
fbem-26247	262	19	atmosphere	atmosphere	NOUN
fbem-26247	262	20	and	and	CCONJ
fbem-26247	262	21	culture	culture	NOUN
fbem-26247	262	22	of	of	ADP
fbem-26247	262	23	the	the	DET
fbem-26247	262	24	enterprise	enterprise	NOUN
fbem-26247	262	25	all	all	DET
fbem-26247	262	26	the	the	DET
fbem-26247	262	27	time	time	NOUN
fbem-26247	262	28	.	.	PUNCT
fbem-26247	263	1	only	only	ADV
fbem-26247	263	2	when	when	SCONJ
fbem-26247	263	3	the	the	DET
fbem-26247	263	4	management	management	NOUN
fbem-26247	263	5	leads	lead	VERB
fbem-26247	263	6	by	by	ADP
fbem-26247	263	7	example	example	NOUN
fbem-26247	263	8	,	,	PUNCT
fbem-26247	263	9	adheres	adhere	VERB
fbem-26247	263	10	to	to	ADP
fbem-26247	263	11	the	the	DET
fbem-26247	263	12	ethical	ethical	ADJ
fbem-26247	263	13	bottom	bottom	ADJ
fbem-26247	263	14	line	line	NOUN
fbem-26247	263	15	and	and	CCONJ
fbem-26247	263	16	upholds	uphold	VERB
fbem-26247	263	17	the	the	DET
fbem-26247	263	18	principle	principle	NOUN
fbem-26247	263	19	of	of	ADP
fbem-26247	263	20	integrity	integrity	NOUN
fbem-26247	263	21	,	,	PUNCT
fbem-26247	263	22	can	can	AUX
fbem-26247	263	23	it	it	PRON
fbem-26247	263	24	win	win	VERB
fbem-26247	263	25	the	the	DET
fbem-26247	263	26	respect	respect	NOUN
fbem-26247	263	27	and	and	CCONJ
fbem-26247	263	28	trust	trust	NOUN
fbem-26247	263	29	of	of	ADP
fbem-26247	263	30	the	the	DET
fbem-26247	263	31	staff	staff	NOUN
fbem-26247	263	32	,	,	PUNCT
fbem-26247	263	33	stimulate	stimulate	VERB
fbem-26247	263	34	the	the	DET
fbem-26247	263	35	cohesion	cohesion	NOUN
fbem-26247	263	36	and	and	CCONJ
fbem-26247	263	37	creativity	creativity	NOUN
fbem-26247	263	38	of	of	ADP
fbem-26247	263	39	the	the	DET
fbem-26247	263	40	team	team	NOUN
fbem-26247	263	41	,	,	PUNCT
fbem-26247	263	42	and	and	CCONJ
fbem-26247	263	43	thus	thus	ADV
fbem-26247	263	44	promote	promote	VERB
fbem-26247	263	45	the	the	DET
fbem-26247	263	46	enterprise	enterprise	NOUN
fbem-26247	263	47	to	to	ADP
fbem-26247	263	48	219	219	NUM
fbem-26247	263	49	move	move	NOUN
fbem-26247	263	50	forward	forward	ADV
fbem-26247	263	51	steadily	steadily	ADV
fbem-26247	263	52	in	in	ADP
fbem-26247	263	53	the	the	DET
fbem-26247	263	54	fierce	fierce	ADJ
fbem-26247	263	55	competition	competition	NOUN
fbem-26247	263	56	in	in	ADP
fbem-26247	263	57	the	the	DET
fbem-26247	263	58	market	market	NOUN
fbem-26247	263	59	.	.	PUNCT
fbem-26247	264	1	at	at	ADP
fbem-26247	264	2	the	the	DET
fbem-26247	264	3	same	same	ADJ
fbem-26247	264	4	time	time	NOUN
fbem-26247	264	5	,	,	PUNCT
fbem-26247	264	6	this	this	PRON
fbem-26247	264	7	will	will	AUX
fbem-26247	264	8	also	also	ADV
fbem-26247	264	9	establish	establish	VERB
fbem-26247	264	10	a	a	DET
fbem-26247	264	11	good	good	ADJ
fbem-26247	264	12	social	social	ADJ
fbem-26247	264	13	image	image	NOUN
fbem-26247	264	14	for	for	ADP
fbem-26247	264	15	the	the	DET
fbem-26247	264	16	enterprise	enterprise	NOUN
fbem-26247	264	17	,	,	PUNCT
fbem-26247	264	18	win	win	VERB
fbem-26247	264	19	wider	wide	ADJ
fbem-26247	264	20	social	social	ADJ
fbem-26247	264	21	recognition	recognition	NOUN
fbem-26247	264	22	and	and	CCONJ
fbem-26247	264	23	support	support	NOUN
fbem-26247	264	24	,	,	PUNCT
fbem-26247	264	25	and	and	CCONJ
fbem-26247	264	26	lay	lie	VERB
fbem-26247	264	27	a	a	DET
fbem-26247	264	28	solid	solid	ADJ
fbem-26247	264	29	foundation	foundation	NOUN
fbem-26247	264	30	for	for	ADP
fbem-26247	264	31	the	the	DET
fbem-26247	264	32	long	long	ADJ
fbem-26247	264	33	-	-	PUNCT
fbem-26247	264	34	term	term	NOUN
fbem-26247	264	35	development	development	NOUN
fbem-26247	264	36	of	of	ADP
fbem-26247	264	37	the	the	DET
fbem-26247	264	38	enterprise	enterprise	NOUN
fbem-26247	264	39	.	.	PUNCT
fbem-26247	265	1	acknowledgment	acknowledgment	NOUN
fbem-26247	265	2	this	this	DET
fbem-26247	265	3	study	study	NOUN
fbem-26247	265	4	was	be	AUX
fbem-26247	265	5	funded	fund	VERB
fbem-26247	265	6	by	by	ADP
fbem-26247	265	7	the	the	DET
fbem-26247	265	8	graduate	graduate	PROPN
fbem-26247	265	9	research	research	NOUN
fbem-26247	265	10	project	project	NOUN
fbem-26247	265	11	of	of	ADP
fbem-26247	265	12	anhui	anhui	PROPN
fbem-26247	265	13	university	university	PROPN
fbem-26247	265	14	of	of	ADP
fbem-26247	265	15	finance	finance	PROPN
fbem-26247	265	16	and	and	CCONJ
fbem-26247	265	17	economics	economic	NOUN
fbem-26247	265	18	"	"	PUNCT
fbem-26247	265	19	confucianism	confucianism	NOUN
fbem-26247	265	20	and	and	CCONJ
fbem-26247	265	21	stock	stock	NOUN
fbem-26247	265	22	price	price	NOUN
fbem-26247	265	23	synchronization	synchronization	NOUN
fbem-26247	265	24	"	"	PUNCT
fbem-26247	265	25	(	(	PUNCT
fbem-26247	265	26	acyc2023050	acyc2023050	PROPN
fbem-26247	265	27	)	)	PUNCT
fbem-26247	265	28	.	.	PUNCT
fbem-26247	266	1	references	reference	NOUN
fbem-26247	266	2	[	[	X
fbem-26247	266	3	1	1	NUM
fbem-26247	266	4	]	]	PUNCT
fbem-26247	266	5	biddle	biddle	NOUN
fbem-26247	266	6	g	g	PROPN
fbem-26247	266	7	c	c	PROPN
fbem-26247	266	8	,	,	PUNCT
fbem-26247	266	9	hilary	hilary	NOUN
fbem-26247	266	10	g	g	NOUN
fbem-26247	266	11	,	,	PUNCT
fbem-26247	266	12	verdi	verdi	PROPN
fbem-26247	266	13	r	r	NOUN
fbem-26247	266	14	s.	s.	PROPN
fbem-26247	266	15	how	how	SCONJ
fbem-26247	266	16	does	do	AUX
fbem-26247	266	17	financial	financial	ADJ
fbem-26247	266	18	reporting	reporting	NOUN
fbem-26247	266	19	quality	quality	NOUN
fbem-26247	266	20	relate	relate	VERB
fbem-26247	266	21	to	to	ADP
fbem-26247	266	22	investment	investment	NOUN
fbem-26247	266	23	efficiency	efficiency	NOUN
fbem-26247	266	24	?	?	PUNCT
fbem-26247	267	1	[	[	X
fbem-26247	267	2	j	j	X
fbem-26247	267	3	]	]	X
fbem-26247	267	4	.	.	PUNCT
fbem-26247	268	1	journal	journal	PROPN
fbem-26247	268	2	of	of	ADP
fbem-26247	268	3	accounting	accounting	NOUN
fbem-26247	268	4	and	and	CCONJ
fbem-26247	268	5	economics	economic	NOUN
fbem-26247	268	6	,	,	PUNCT
fbem-26247	268	7	2009	2009	NUM
fbem-26247	268	8	,	,	PUNCT
fbem-26247	268	9	48(2	48(2	NUM
fbem-26247	268	10	-	-	SYM
fbem-26247	268	11	3	3	NUM
fbem-26247	268	12	):	):	PUNCT
fbem-26247	268	13	112	112	NUM
fbem-26247	268	14	-	-	SYM
fbem-26247	268	15	131	131	NUM
fbem-26247	268	16	.	.	PUNCT
fbem-26247	269	1	[	[	X
fbem-26247	269	2	2	2	NUM
fbem-26247	269	3	]	]	X
fbem-26247	269	4	cai	cai	PROPN
fbem-26247	269	5	r.	r.	PROPN
fbem-26247	269	6	can	can	AUX
fbem-26247	269	7	environmental	environmental	VERB
fbem-26247	269	8	information	information	NOUN
fbem-26247	269	9	disclosure	disclosure	NOUN
fbem-26247	269	10	reduce	reduce	VERB
fbem-26247	269	11	stock	stock	NOUN
fbem-26247	269	12	price	price	NOUN
fbem-26247	269	13	synchronization	synchronization	NOUN
fbem-26247	269	14	of	of	ADP
fbem-26247	269	15	listed	list	VERB
fbem-26247	269	16	companies	company	NOUN
fbem-26247	269	17	?	?	PUNCT
fbem-26247	270	1	—	—	PUNCT
fbem-26247	270	2	empirical	empirical	ADJ
fbem-26247	270	3	analysis	analysis	NOUN
fbem-26247	270	4	based	base	VERB
fbem-26247	270	5	on	on	ADP
fbem-26247	270	6	china	china	PROPN
fbem-26247	270	7	’s	’s	PART
fbem-26247	270	8	heavy	heavy	ADJ
fbem-26247	270	9	pollution	pollution	NOUN
fbem-26247	270	10	industry	industry	NOUN
fbem-26247	271	1	[	[	X
fbem-26247	271	2	j	j	X
fbem-26247	271	3	]	]	X
fbem-26247	271	4	.	.	PUNCT
fbem-26247	272	1	advanced	advanced	ADJ
fbem-26247	272	2	management	management	NOUN
fbem-26247	272	3	science	science	NOUN
fbem-26247	272	4	,	,	PUNCT
fbem-26247	272	5	2022	2022	NUM
fbem-26247	272	6	,	,	PUNCT
fbem-26247	272	7	11(2	11(2	NUM
fbem-26247	272	8	):	):	PUNCT
fbem-26247	273	1	[	[	X
fbem-26247	273	2	3	3	NUM
fbem-26247	273	3	]	]	X
fbem-26247	273	4	chen	chen	PROPN
fbem-26247	273	5	,	,	PUNCT
fbem-26247	273	6	yao	yao	PROPN
fbem-26247	273	7	.	.	PUNCT
fbem-26247	274	1	will	will	AUX
fbem-26247	274	2	government	government	NOUN
fbem-26247	274	3	action	action	NOUN
fbem-26247	274	4	necessarily	necessarily	ADV
fbem-26247	274	5	improve	improve	VERB
fbem-26247	274	6	stock	stock	NOUN
fbem-26247	274	7	price	price	NOUN
fbem-26247	274	8	synchronicity?——an	synchronicity?——an	NOUN
fbem-26247	274	9	empirical	empirical	ADJ
fbem-26247	274	10	study	study	NOUN
fbem-26247	274	11	based	base	VERB
fbem-26247	274	12	on	on	ADP
fbem-26247	274	13	china	china	PROPN
fbem-26247	274	14	's	's	PART
fbem-26247	274	15	industrial	industrial	ADJ
fbem-26247	274	16	policy	policy	NOUN
fbem-26247	275	1	[	[	X
fbem-26247	275	2	j	j	X
fbem-26247	275	3	]	]	X
fbem-26247	275	4	.	.	PUNCT
fbem-26247	276	1	economic	economic	ADJ
fbem-26247	276	2	research	research	NOUN
fbem-26247	276	3	journal	journal	NOUN
fbem-26247	276	4	,	,	PUNCT
fbem-26247	276	5	2018	2018	NUM
fbem-26247	276	6	,	,	PUNCT
fbem-26247	276	7	53	53	NUM
fbem-26247	276	8	(	(	PUNCT
fbem-26247	276	9	12	12	NUM
fbem-26247	276	10	):	):	PUNCT
fbem-26247	276	11	112	112	NUM
fbem-26247	276	12	-	-	SYM
fbem-26247	276	13	128	128	NUM
fbem-26247	276	14	.	.	PUNCT
fbem-26247	277	1	[	[	X
fbem-26247	277	2	4	4	NUM
fbem-26247	277	3	]	]	X
fbem-26247	277	4	chen	chen	PROPN
fbem-26247	277	5	,	,	PUNCT
fbem-26247	277	6	yin	yin	PROPN
fbem-26247	277	7	,	,	PUNCT
fbem-26247	277	8	zhang	zhang	PROPN
fbem-26247	277	9	,	,	PUNCT
fbem-26247	277	10	huang	huang	PROPN
fbem-26247	277	11	.does	.does	PUNCT
fbem-26247	277	12	esg	esg	PROPN
fbem-26247	277	13	rating	rating	NOUN
fbem-26247	277	14	divergence	divergence	NOUN
fbem-26247	277	15	affect	affect	VERB
fbem-26247	277	16	the	the	DET
fbem-26247	277	17	pricing	pricing	NOUN
fbem-26247	277	18	efficiency	efficiency	NOUN
fbem-26247	277	19	of	of	ADP
fbem-26247	277	20	capital	capital	NOUN
fbem-26247	277	21	markets	market	NOUN
fbem-26247	277	22	?	?	PUNCT
fbem-26247	278	1	research	research	NOUN
fbem-26247	278	2	based	base	VERB
fbem-26247	278	3	on	on	ADP
fbem-26247	278	4	the	the	DET
fbem-26247	278	5	synchronicity	synchronicity	NOUN
fbem-26247	278	6	of	of	ADP
fbem-26247	278	7	stock	stock	NOUN
fbem-26247	278	8	prices	price	NOUN
fbem-26247	278	9	of	of	ADP
fbem-26247	278	10	listed	list	VERB
fbem-26247	278	11	companies	company	NOUN
fbem-26247	279	1	[	[	X
fbem-26247	279	2	j	j	X
fbem-26247	279	3	]	]	X
fbem-26247	279	4	.	.	PUNCT
fbem-26247	280	1	journal	journal	PROPN
fbem-26247	280	2	of	of	ADP
fbem-26247	280	3	finance	finance	NOUN
fbem-26247	280	4	and	and	CCONJ
fbem-26247	280	5	economics	economic	NOUN
fbem-26247	280	6	,	,	PUNCT
fbem-26247	280	7	1	1	NUM
fbem-26247	280	8	-	-	PUNCT
fbem-26247	280	9	17[2024	17[2024	NUM
fbem-26247	280	10	-	-	PUNCT
fbem-26247	280	11	10	10	NUM
fbem-26247	280	12	-	-	NUM
fbem-26247	280	13	02	02	NUM
fbem-26247	280	14	]	]	PUNCT
fbem-26247	280	15	.	.	PUNCT
fbem-26247	281	1	[	[	X
fbem-26247	281	2	5	5	NUM
fbem-26247	281	3	]	]	SYM
fbem-26247	281	4	du	du	X
fbem-26247	281	5	,	,	PUNCT
fbem-26247	281	6	xie	xie	PROPN
fbem-26247	281	7	,	,	PUNCT
fbem-26247	281	8	lai	lai	PROPN
fbem-26247	281	9	,	,	PUNCT
fbem-26247	281	10	zeng	zeng	PROPN
fbem-26247	281	11	.	.	PUNCT
fbem-26247	281	12	confucian	confucian	ADJ
fbem-26247	281	13	culture	culture	PROPN
fbem-26247	281	14	and	and	CCONJ
fbem-26247	281	15	accounting	accounting	NOUN
fbem-26247	281	16	soundness	soundness	NOUN
fbem-26247	281	17	[	[	X
fbem-26247	281	18	j	j	X
fbem-26247	281	19	]	]	X
fbem-26247	281	20	.	.	PUNCT
fbem-26247	282	1	accounting	accounting	NOUN
fbem-26247	282	2	research	research	NOUN
fbem-26247	282	3	,	,	PUNCT
fbem-26247	282	4	2023	2023	NUM
fbem-26247	282	5	,	,	PUNCT
fbem-26247	282	6	(	(	PUNCT
fbem-26247	282	7	01	01	NUM
fbem-26247	282	8	):	):	PUNCT
fbem-26247	282	9	57	57	NUM
fbem-26247	282	10	-	-	SYM
fbem-26247	282	11	72	72	NUM
fbem-26247	282	12	.	.	PUNCT
fbem-26247	283	1	[	[	X
fbem-26247	283	2	6	6	NUM
fbem-26247	283	3	]	]	PUNCT
fbem-26247	283	4	du	du	PROPN
fbem-26247	283	5	m	m	PROPN
fbem-26247	283	6	a	a	PROPN
fbem-26247	283	7	,	,	PUNCT
fbem-26247	283	8	lu	lu	PROPN
fbem-26247	283	9	m	m	PROPN
fbem-26247	283	10	,	,	PUNCT
fbem-26247	283	11	zhang	zhang	PROPN
fbem-26247	283	12	y	y	PROPN
fbem-26247	283	13	,	,	PUNCT
fbem-26247	283	14	et	et	PROPN
fbem-26247	283	15	al	al	PROPN
fbem-26247	283	16	.	.	PROPN
fbem-26247	283	17	confucian	confucian	ADJ
fbem-26247	283	18	culture	culture	NOUN
fbem-26247	283	19	and	and	CCONJ
fbem-26247	283	20	corporate	corporate	ADJ
fbem-26247	283	21	environmental	environmental	ADJ
fbem-26247	283	22	management	management	NOUN
fbem-26247	283	23	:	:	PUNCT
fbem-26247	283	24	the	the	DET
fbem-26247	283	25	role	role	NOUN
fbem-26247	283	26	of	of	ADP
fbem-26247	283	27	innovation	innovation	NOUN
fbem-26247	283	28	,	,	PUNCT
fbem-26247	283	29	financing	financing	NOUN
fbem-26247	283	30	constraints	constraint	NOUN
fbem-26247	283	31	and	and	CCONJ
fbem-26247	283	32	managerial	managerial	ADJ
fbem-26247	283	33	myopia	myopia	NOUN
fbem-26247	284	1	[	[	X
fbem-26247	284	2	j	j	X
fbem-26247	284	3	]	]	X
fbem-26247	284	4	.	.	PUNCT
fbem-26247	285	1	research	research	NOUN
fbem-26247	285	2	in	in	ADP
fbem-26247	285	3	international	international	ADJ
fbem-26247	285	4	business	business	NOUN
fbem-26247	285	5	and	and	CCONJ
fbem-26247	285	6	finance	finance	NOUN
fbem-26247	285	7	,	,	PUNCT
fbem-26247	285	8	2024	2024	NUM
fbem-26247	285	9	,	,	PUNCT
fbem-26247	285	10	73	73	NUM
fbem-26247	285	11	(	(	PUNCT
fbem-26247	285	12	pa	pa	PROPN
fbem-26247	285	13	):	):	PUNCT
fbem-26247	285	14	102585102585	102585102585	NUM
fbem-26247	285	15	.	.	PUNCT
fbem-26247	286	1	[	[	X
fbem-26247	286	2	7	7	X
fbem-26247	286	3	]	]	X
fbem-26247	286	4	durnev	durnev	NOUN
fbem-26247	286	5	a	a	PRON
fbem-26247	286	6	,	,	PUNCT
fbem-26247	286	7	morck	morck	PROPN
fbem-26247	286	8	r	r	PROPN
fbem-26247	286	9	,	,	PUNCT
fbem-26247	286	10	yeung	yeung	PROPN
fbem-26247	286	11	b	b	PROPN
fbem-26247	286	12	,	,	PUNCT
fbem-26247	286	13	et	et	PROPN
fbem-26247	286	14	al	al	PROPN
fbem-26247	286	15	.	.	PROPN
fbem-26247	286	16	does	do	AUX
fbem-26247	286	17	greater	great	ADJ
fbem-26247	286	18	firm‐specific	firm‐specific	NOUN
fbem-26247	286	19	return	return	VERB
fbem-26247	286	20	variation	variation	NOUN
fbem-26247	286	21	mean	mean	VERB
fbem-26247	286	22	more	more	ADV
fbem-26247	286	23	or	or	CCONJ
fbem-26247	286	24	less	less	ADV
fbem-26247	286	25	informed	informed	ADJ
fbem-26247	286	26	stock	stock	NOUN
fbem-26247	286	27	pricing	pricing	NOUN
fbem-26247	286	28	?	?	PUNCT
fbem-26247	287	1	[	[	X
fbem-26247	287	2	j	j	X
fbem-26247	287	3	]	]	X
fbem-26247	287	4	.	.	PUNCT
fbem-26247	288	1	journal	journal	PROPN
fbem-26247	288	2	of	of	ADP
fbem-26247	288	3	accounting	accounting	NOUN
fbem-26247	288	4	research	research	NOUN
fbem-26247	288	5	,	,	PUNCT
fbem-26247	288	6	2003	2003	NUM
fbem-26247	288	7	,	,	PUNCT
fbem-26247	288	8	41(5	41(5	NUM
fbem-26247	288	9	):	):	PUNCT
fbem-26247	288	10	797	797	NUM
fbem-26247	288	11	-	-	SYM
fbem-26247	288	12	836	836	NUM
fbem-26247	288	13	.	.	PUNCT
fbem-26247	289	1	[	[	X
fbem-26247	289	2	8	8	NUM
fbem-26247	289	3	]	]	X
fbem-26247	289	4	gan	gan	PROPN
fbem-26247	289	5	.	.	PUNCT
fbem-26247	290	1	the	the	DET
fbem-26247	290	2	influence	influence	NOUN
fbem-26247	290	3	of	of	ADP
fbem-26247	290	4	confucian	confucian	ADJ
fbem-26247	290	5	culture	culture	NOUN
fbem-26247	290	6	on	on	ADP
fbem-26247	290	7	corporate	corporate	ADJ
fbem-26247	290	8	social	social	ADJ
fbem-26247	290	9	responsibility	responsibility	NOUN
fbem-26247	290	10	:	:	PUNCT
fbem-26247	290	11	an	an	DET
fbem-26247	290	12	empirical	empirical	ADJ
fbem-26247	290	13	test	test	NOUN
fbem-26247	290	14	based	base	VERB
fbem-26247	290	15	on	on	ADP
fbem-26247	290	16	the	the	DET
fbem-26247	290	17	tenth	tenth	ADJ
fbem-26247	290	18	national	national	ADJ
fbem-26247	290	19	sample	sample	NOUN
fbem-26247	290	20	survey	survey	NOUN
fbem-26247	290	21	of	of	ADP
fbem-26247	290	22	private	private	ADJ
fbem-26247	290	23	enterprises	enterprise	NOUN
fbem-26247	291	1	[	[	X
fbem-26247	291	2	j	j	X
fbem-26247	291	3	]	]	X
fbem-26247	291	4	.	.	PUNCT
fbem-26247	292	1	jinan	jinan	PROPN
fbem-26247	292	2	journal	journal	PROPN
fbem-26247	292	3	(	(	PUNCT
fbem-26247	292	4	philosophy	philosophy	NOUN
fbem-26247	292	5	&	&	CCONJ
fbem-26247	292	6	social	social	ADJ
fbem-26247	292	7	sciences	science	NOUN
fbem-26247	292	8	)	)	PUNCT
fbem-26247	292	9	,	,	PUNCT
fbem-26247	292	10	2021	2021	NUM
fbem-26247	292	11	,	,	PUNCT
fbem-26247	292	12	43(01	43(01	NUM
fbem-26247	292	13	):	):	PUNCT
fbem-26247	292	14	115	115	NUM
fbem-26247	292	15	-	-	SYM
fbem-26247	292	16	132	132	NUM
fbem-26247	292	17	.	.	PUNCT
fbem-26247	293	1	[	[	X
fbem-26247	293	2	9	9	NUM
fbem-26247	293	3	]	]	SYM
fbem-26247	293	4	gu	gu	X
fbem-26247	293	5	.	.	PROPN
fbem-26247	293	6	confucian	confucian	ADJ
fbem-26247	293	7	ethics	ethic	NOUN
fbem-26247	293	8	and	and	CCONJ
fbem-26247	293	9	agency	agency	NOUN
fbem-26247	293	10	costs	cost	NOUN
fbem-26247	293	11	in	in	ADP
fbem-26247	293	12	the	the	DET
fbem-26247	293	13	context	context	NOUN
fbem-26247	293	14	of	of	ADP
fbem-26247	293	15	globalization	globalization	NOUN
fbem-26247	293	16	[	[	X
fbem-26247	293	17	j	j	X
fbem-26247	293	18	]	]	X
fbem-26247	293	19	.	.	PUNCT
fbem-26247	294	1	journal	journal	PROPN
fbem-26247	294	2	of	of	ADP
fbem-26247	294	3	management	management	NOUN
fbem-26247	294	4	world	world	NOUN
fbem-26247	294	5	,	,	PUNCT
fbem-26247	294	6	2015	2015	NUM
fbem-26247	294	7	,	,	PUNCT
fbem-26247	294	8	(	(	PUNCT
fbem-26247	294	9	03	03	NUM
fbem-26247	294	10	):	):	PUNCT
fbem-26247	294	11	113	113	NUM
fbem-26247	294	12	-	-	SYM
fbem-26247	294	13	123	123	NUM
fbem-26247	294	14	.	.	PUNCT
fbem-26247	295	1	[	[	X
fbem-26247	295	2	10	10	NUM
fbem-26247	295	3	]	]	X
fbem-26247	295	4	gul	gul	PROPN
fbem-26247	295	5	f	f	PROPN
fbem-26247	295	6	a	a	PROPN
fbem-26247	295	7	,	,	PUNCT
fbem-26247	295	8	kim	kim	PROPN
fbem-26247	295	9	j	j	PROPN
fbem-26247	295	10	b	b	PROPN
fbem-26247	295	11	,	,	PUNCT
fbem-26247	295	12	qiu	qiu	PROPN
fbem-26247	295	13	a	a	DET
fbem-26247	295	14	a.	a.	NOUN
fbem-26247	295	15	ownership	ownership	NOUN
fbem-26247	295	16	concentration	concentration	NOUN
fbem-26247	295	17	,	,	PUNCT
fbem-26247	295	18	foreign	foreign	ADJ
fbem-26247	295	19	shareholding	shareholding	NOUN
fbem-26247	295	20	,	,	PUNCT
fbem-26247	295	21	audit	audit	NOUN
fbem-26247	295	22	quality	quality	NOUN
fbem-26247	295	23	,	,	PUNCT
fbem-26247	295	24	and	and	CCONJ
fbem-26247	295	25	stock	stock	NOUN
fbem-26247	295	26	price	price	NOUN
fbem-26247	295	27	synchronicity	synchronicity	NOUN
fbem-26247	295	28	:	:	PUNCT
fbem-26247	295	29	evidence	evidence	NOUN
fbem-26247	295	30	from	from	ADP
fbem-26247	295	31	china	china	PROPN
fbem-26247	296	1	[	[	X
fbem-26247	296	2	j	j	X
fbem-26247	296	3	]	]	X
fbem-26247	296	4	.	.	PUNCT
fbem-26247	297	1	journal	journal	PROPN
fbem-26247	297	2	of	of	ADP
fbem-26247	297	3	financial	financial	ADJ
fbem-26247	297	4	economics	economic	NOUN
fbem-26247	297	5	,	,	PUNCT
fbem-26247	297	6	2010	2010	NUM
fbem-26247	297	7	,	,	PUNCT
fbem-26247	297	8	95(3	95(3	NUM
fbem-26247	297	9	):	):	PUNCT
fbem-26247	297	10	425	425	NUM
fbem-26247	297	11	-	-	SYM
fbem-26247	297	12	442	442	NUM
fbem-26247	297	13	.	.	PUNCT
fbem-26247	298	1	[	[	X
fbem-26247	298	2	11	11	NUM
fbem-26247	298	3	]	]	X
fbem-26247	298	4	jiang	jiang	PROPN
fbem-26247	298	5	x	x	PROPN
fbem-26247	298	6	,	,	PUNCT
fbem-26247	298	7	yuan	yuan	PROPN
fbem-26247	298	8	q.	q.	PROPN
fbem-26247	298	9	institutional	institutional	PROPN
fbem-26247	298	10	investors	investor	NOUN
fbem-26247	298	11	'	'	PART
fbem-26247	298	12	corporate	corporate	ADJ
fbem-26247	298	13	site	site	NOUN
fbem-26247	298	14	visits	visit	NOUN
fbem-26247	298	15	and	and	CCONJ
fbem-26247	298	16	corporate	corporate	ADJ
fbem-26247	298	17	innovation	innovation	NOUN
fbem-26247	299	1	[	[	X
fbem-26247	299	2	j	j	X
fbem-26247	299	3	]	]	X
fbem-26247	299	4	.	.	PUNCT
fbem-26247	300	1	journal	journal	PROPN
fbem-26247	300	2	of	of	ADP
fbem-26247	300	3	corporate	corporate	ADJ
fbem-26247	300	4	finance	finance	NOUN
fbem-26247	300	5	,	,	PUNCT
fbem-26247	300	6	2018	2018	NUM
fbem-26247	300	7	,	,	PUNCT
fbem-26247	300	8	48	48	NUM
fbem-26247	300	9	:	:	SYM
fbem-26247	300	10	148	148	NUM
fbem-26247	300	11	-	-	SYM
fbem-26247	300	12	168	168	NUM
fbem-26247	300	13	.	.	PUNCT
fbem-26247	301	1	[	[	X
fbem-26247	301	2	12	12	NUM
fbem-26247	301	3	]	]	X
fbem-26247	301	4	hu	hu	PROPN
fbem-26247	301	5	j	j	PROPN
fbem-26247	301	6	,	,	PUNCT
fbem-26247	301	7	zou	zou	PROPN
fbem-26247	301	8	q	q	PROPN
fbem-26247	301	9	,	,	PUNCT
fbem-26247	301	10	yin	yin	PROPN
fbem-26247	301	11	q.	q.	PROPN
fbem-26247	301	12	research	research	PROPN
fbem-26247	301	13	on	on	ADP
fbem-26247	301	14	the	the	DET
fbem-26247	301	15	effect	effect	NOUN
fbem-26247	301	16	of	of	ADP
fbem-26247	301	17	esg	esg	PROPN
fbem-26247	301	18	performance	performance	NOUN
fbem-26247	301	19	on	on	ADP
fbem-26247	301	20	stock	stock	NOUN
fbem-26247	301	21	price	price	NOUN
fbem-26247	301	22	synchronicity	synchronicity	NOUN
fbem-26247	301	23	:	:	PUNCT
fbem-26247	301	24	empirical	empirical	ADJ
fbem-26247	301	25	evidence	evidence	NOUN
fbem-26247	301	26	from	from	ADP
fbem-26247	301	27	china	china	PROPN
fbem-26247	301	28	's	's	PART
fbem-26247	301	29	capital	capital	NOUN
fbem-26247	301	30	markets	market	NOUN
fbem-26247	301	31	[	[	X
fbem-26247	301	32	j	j	X
fbem-26247	301	33	]	]	X
fbem-26247	301	34	.	.	PUNCT
fbem-26247	302	1	finance	finance	NOUN
fbem-26247	302	2	research	research	NOUN
fbem-26247	302	3	letters	letter	NOUN
fbem-26247	302	4	,	,	PUNCT
fbem-26247	302	5	2023	2023	NUM
fbem-26247	302	6	,	,	PUNCT
fbem-26247	302	7	55	55	NUM
fbem-26247	302	8	:	:	SYM
fbem-26247	302	9	103847	103847	NUM
fbem-26247	302	10	.	.	PUNCT
fbem-26247	303	1	[	[	X
fbem-26247	303	2	13	13	NUM
fbem-26247	303	3	]	]	X
fbem-26247	303	4	kim	kim	PROPN
fbem-26247	303	5	j	j	PROPN
fbem-26247	303	6	b	b	PROPN
fbem-26247	303	7	,	,	PUNCT
fbem-26247	303	8	shi	shi	PROPN
fbem-26247	303	9	h.	h.	PROPN
fbem-26247	303	10	international	international	PROPN
fbem-26247	303	11	financial	financial	ADJ
fbem-26247	303	12	reporting	reporting	NOUN
fbem-26247	303	13	standards	standard	NOUN
fbem-26247	303	14	,	,	PUNCT
fbem-26247	303	15	analyst	analyst	NOUN
fbem-26247	303	16	following	following	NOUN
fbem-26247	303	17	,	,	PUNCT
fbem-26247	303	18	institutional	institutional	ADJ
fbem-26247	303	19	infrastructure	infrastructure	NOUN
fbem-26247	303	20	,	,	PUNCT
fbem-26247	303	21	and	and	CCONJ
fbem-26247	303	22	stock	stock	NOUN
fbem-26247	303	23	price	price	NOUN
fbem-26247	303	24	synchronicity	synchronicity	NOUN
fbem-26247	303	25	around	around	ADP
fbem-26247	303	26	the	the	DET
fbem-26247	303	27	world	world	NOUN
fbem-26247	304	1	[	[	X
fbem-26247	304	2	j	j	X
fbem-26247	304	3	]	]	X
fbem-26247	304	4	.	.	PUNCT
fbem-26247	305	1	unpublished	unpublished	ADJ
fbem-26247	305	2	working	working	NOUN
fbem-26247	305	3	paper	paper	NOUN
fbem-26247	305	4	,	,	PUNCT
fbem-26247	305	5	2009	2009	NUM
fbem-26247	305	6	.	.	PUNCT
fbem-26247	306	1	[	[	X
fbem-26247	306	2	14	14	NUM
fbem-26247	306	3	]	]	SYM
fbem-26247	306	4	li	li	PROPN
fbem-26247	306	5	,	,	PUNCT
fbem-26247	306	6	zhu	zhu	PROPN
fbem-26247	306	7	.	.	PUNCT
fbem-26247	307	1	research	research	NOUN
fbem-26247	307	2	on	on	ADP
fbem-26247	307	3	the	the	DET
fbem-26247	307	4	influence	influence	NOUN
fbem-26247	307	5	of	of	ADP
fbem-26247	307	6	confucian	confucian	ADJ
fbem-26247	307	7	culture	culture	NOUN
fbem-26247	307	8	on	on	ADP
fbem-26247	307	9	corporate	corporate	ADJ
fbem-26247	307	10	non	non	NOUN
fbem-26247	307	11	-	-	NOUN
fbem-26247	307	12	compliance	compliance	ADJ
fbem-26247	307	13	[	[	X
fbem-26247	307	14	j	j	X
fbem-26247	307	15	]	]	X
fbem-26247	307	16	.	.	PUNCT
fbem-26247	308	1	business	business	NOUN
fbem-26247	308	2	and	and	CCONJ
fbem-26247	308	3	management	management	NOUN
fbem-26247	308	4	journal	journal	NOUN
fbem-26247	308	5	,	,	PUNCT
fbem-26247	308	6	2021	2021	NUM
fbem-26247	308	7	,	,	PUNCT
fbem-26247	308	8	43(9	43(9	NUM
fbem-26247	308	9	):	):	PUNCT
fbem-26247	308	10	137	137	NUM
fbem-26247	308	11	-	-	SYM
fbem-26247	308	12	153	153	NUM
fbem-26247	308	13	.	.	PUNCT
fbem-26247	309	1	[	[	X
fbem-26247	309	2	15	15	NUM
fbem-26247	309	3	]	]	X
fbem-26247	309	4	lin	lin	PROPN
fbem-26247	309	5	,	,	PUNCT
fbem-26247	309	6	chen	chen	PROPN
fbem-26247	309	7	.	.	PUNCT
fbem-26247	310	1	research	research	NOUN
fbem-26247	310	2	on	on	ADP
fbem-26247	310	3	the	the	DET
fbem-26247	310	4	impact	impact	NOUN
fbem-26247	310	5	of	of	ADP
fbem-26247	310	6	confucian	confucian	ADJ
fbem-26247	310	7	culture	culture	NOUN
fbem-26247	310	8	on	on	ADP
fbem-26247	310	9	the	the	DET
fbem-26247	310	10	digital	digital	ADJ
fbem-26247	310	11	transformation	transformation	NOUN
fbem-26247	310	12	of	of	ADP
fbem-26247	310	13	enterprises	enterprise	NOUN
fbem-26247	310	14	[	[	X
fbem-26247	310	15	j	j	X
fbem-26247	310	16	]	]	X
fbem-26247	310	17	.	.	PUNCT
fbem-26247	311	1	modern	modern	ADJ
fbem-26247	311	2	economic	economic	ADJ
fbem-26247	311	3	science	science	NOUN
fbem-26247	311	4	,	,	PUNCT
fbem-26247	311	5	1	1	NUM
fbem-26247	311	6	-	-	PUNCT
fbem-26247	311	7	13[2024	13[2024	NUM
fbem-26247	311	8	-	-	PUNCT
fbem-26247	311	9	10	10	NUM
fbem-26247	311	10	-	-	NUM
fbem-26247	311	11	04	04	NUM
fbem-26247	311	12	]	]	PUNCT
fbem-26247	311	13	.	.	PUNCT
fbem-26247	312	1	[	[	X
fbem-26247	312	2	16	16	NUM
fbem-26247	312	3	]	]	X
fbem-26247	312	4	luo	luo	PROPN
fbem-26247	312	5	,	,	PUNCT
fbem-26247	312	6	wang	wang	PROPN
fbem-26247	312	7	,	,	PUNCT
fbem-26247	312	8	wang	wang	PROPN
fbem-26247	312	9	,	,	PUNCT
fbem-26247	312	10	su	su	PROPN
fbem-26247	312	11	.research	.research	PROPN
fbem-26247	312	12	on	on	ADP
fbem-26247	312	13	the	the	DET
fbem-26247	312	14	impact	impact	NOUN
fbem-26247	312	15	of	of	ADP
fbem-26247	312	16	inquiry	inquiry	NOUN
fbem-26247	312	17	letter	letter	NOUN
fbem-26247	312	18	regulation	regulation	NOUN
fbem-26247	312	19	on	on	ADP
fbem-26247	312	20	the	the	DET
fbem-26247	312	21	information	information	NOUN
fbem-26247	312	22	content	content	NOUN
fbem-26247	312	23	of	of	ADP
fbem-26247	312	24	stock	stock	NOUN
fbem-26247	312	25	prices	price	NOUN
fbem-26247	312	26	[	[	X
fbem-26247	312	27	j	j	X
fbem-26247	312	28	]	]	X
fbem-26247	312	29	.	.	PUNCT
fbem-26247	313	1	chinese	chinese	ADJ
fbem-26247	313	2	journal	journal	PROPN
fbem-26247	313	3	of	of	ADP
fbem-26247	313	4	management	management	NOUN
fbem-26247	313	5	,	,	PUNCT
fbem-26247	313	6	2023	2023	NUM
fbem-26247	313	7	,	,	PUNCT
fbem-26247	313	8	20(09	20(09	NUM
fbem-26247	313	9	):	):	PUNCT
fbem-26247	313	10	1389	1389	NUM
fbem-26247	313	11	-	-	SYM
fbem-26247	313	12	1397	1397	NUM
fbem-26247	313	13	.	.	PUNCT
fbem-26247	314	1	[	[	X
fbem-26247	314	2	17	17	NUM
fbem-26247	314	3	]	]	SYM
fbem-26247	314	4	pan	pan	PROPN
fbem-26247	314	5	,	,	PUNCT
fbem-26247	314	6	tang	tang	PROPN
fbem-26247	314	7	,	,	PUNCT
fbem-26247	314	8	ning	ning	NOUN
fbem-26247	314	9	.	.	PUNCT
fbem-26247	315	1	thrift	thrift	NOUN
fbem-26247	315	2	to	to	PART
fbem-26247	315	3	cultivate	cultivate	VERB
fbem-26247	315	4	virtue	virtue	NOUN
fbem-26247	315	5	:	:	PUNCT
fbem-26247	315	6	confucian	confucian	ADJ
fbem-26247	315	7	culture	culture	NOUN
fbem-26247	315	8	and	and	CCONJ
fbem-26247	315	9	executive	executive	NOUN
fbem-26247	315	10	on	on	ADP
fbem-26247	315	11	-	-	PUNCT
fbem-26247	315	12	the	the	DET
fbem-26247	315	13	-	-	PUNCT
fbem-26247	315	14	job	job	NOUN
fbem-26247	315	15	consumption	consumption	NOUN
fbem-26247	316	1	[	[	X
fbem-26247	316	2	j	j	X
fbem-26247	316	3	]	]	X
fbem-26247	316	4	.	.	PUNCT
fbem-26247	317	1	journal	journal	PROPN
fbem-26247	317	2	of	of	ADP
fbem-26247	317	3	xiamen	xiamen	PROPN
fbem-26247	317	4	university	university	PROPN
fbem-26247	317	5	(	(	PUNCT
fbem-26247	317	6	arts	art	NOUN
fbem-26247	317	7	&	&	CCONJ
fbem-26247	317	8	social	social	ADJ
fbem-26247	317	9	sciences	science	NOUN
fbem-26247	317	10	)	)	PUNCT
fbem-26247	317	11	,	,	PUNCT
fbem-26247	317	12	2020(1	2020(1	NUM
fbem-26247	317	13	):	):	PUNCT
fbem-26247	317	14	107	107	NUM
fbem-26247	317	15	-	-	SYM
fbem-26247	317	16	120	120	NUM
fbem-26247	317	17	.	.	PUNCT
fbem-26247	318	1	[	[	X
fbem-26247	318	2	18	18	NUM
fbem-26247	318	3	]	]	SYM
fbem-26247	318	4	pan	pan	PROPN
fbem-26247	318	5	,	,	PUNCT
fbem-26247	318	6	wang	wang	PROPN
fbem-26247	318	7	,	,	PUNCT
fbem-26247	318	8	qiu	qiu	PROPN
fbem-26247	318	9	.	.	PUNCT
fbem-26247	318	10	confucian	confucian	ADJ
fbem-26247	318	11	culture	culture	PROPN
fbem-26247	318	12	and	and	CCONJ
fbem-26247	318	13	green	green	ADJ
fbem-26247	318	14	mergers	merger	NOUN
fbem-26247	318	15	and	and	CCONJ
fbem-26247	318	16	acquisitions	acquisition	NOUN
fbem-26247	318	17	of	of	ADP
fbem-26247	318	18	heavily	heavily	ADV
fbem-26247	318	19	polluting	polluting	ADJ
fbem-26247	318	20	enterprises	enterprise	NOUN
fbem-26247	319	1	[	[	X
fbem-26247	319	2	j	j	X
fbem-26247	319	3	]	]	X
fbem-26247	319	4	.	.	PUNCT
fbem-26247	320	1	accounting	accounting	NOUN
fbem-26247	320	2	research	research	NOUN
fbem-26247	320	3	,	,	PUNCT
fbem-26247	320	4	2021	2021	NUM
fbem-26247	320	5	.	.	PUNCT
fbem-26247	321	1	[	[	X
fbem-26247	321	2	19	19	NUM
fbem-26247	321	3	]	]	SYM
fbem-26247	321	4	pan	pan	PROPN
fbem-26247	321	5	,	,	PUNCT
fbem-26247	321	6	yi	yi	PROPN
fbem-26247	321	7	,	,	PUNCT
fbem-26247	321	8	pan	pan	PROPN
fbem-26247	321	9	,	,	PUNCT
fbem-26247	321	10	cheng	cheng	PROPN
fbem-26247	321	11	.	.	PUNCT
fbem-26247	321	12	does	do	AUX
fbem-26247	321	13	confucian	confucian	PROPN
fbem-26247	321	14	culture	culture	NOUN
fbem-26247	321	15	have	have	VERB
fbem-26247	321	16	an	an	DET
fbem-26247	321	17	impact	impact	NOUN
fbem-26247	321	18	on	on	ADP
fbem-26247	321	19	corporate	corporate	ADJ
fbem-26247	321	20	green	green	ADJ
fbem-26247	321	21	innovation	innovation	NOUN
fbem-26247	321	22	?	?	PUNCT
fbem-26247	322	1	[	[	X
fbem-26247	322	2	j	j	X
fbem-26247	322	3	]	]	X
fbem-26247	322	4	.	.	PUNCT
fbem-26247	322	5	management	management	PROPN
fbem-26247	322	6	review	review	PROPN
fbem-26247	322	7	,	,	PUNCT
fbem-26247	322	8	2023	2023	NUM
fbem-26247	322	9	,	,	PUNCT
fbem-26247	322	10	35(12	35(12	NUM
fbem-26247	322	11	):	):	PUNCT
fbem-26247	322	12	122	122	NUM
fbem-26247	322	13	-	-	SYM
fbem-26247	322	14	136	136	NUM
fbem-26247	322	15	.	.	PUNCT
fbem-26247	323	1	[	[	X
fbem-26247	323	2	20	20	NUM
fbem-26247	323	3	]	]	PUNCT
fbem-26247	323	4	tang	tang	NOUN
fbem-26247	323	5	p	p	X
fbem-26247	323	6	,	,	PUNCT
fbem-26247	323	7	yang	yang	PROPN
fbem-26247	323	8	s	s	PROPN
fbem-26247	323	9	,	,	PUNCT
fbem-26247	323	10	yang	yang	PROPN
fbem-26247	323	11	s.	s.	PROPN
fbem-26247	323	12	how	how	SCONJ
fbem-26247	323	13	to	to	PART
fbem-26247	323	14	design	design	VERB
fbem-26247	323	15	corporate	corporate	ADJ
fbem-26247	323	16	governance	governance	NOUN
fbem-26247	323	17	structures	structure	NOUN
fbem-26247	323	18	to	to	PART
fbem-26247	323	19	enhance	enhance	VERB
fbem-26247	323	20	corporate	corporate	ADJ
fbem-26247	323	21	social	social	ADJ
fbem-26247	323	22	responsibility	responsibility	NOUN
fbem-26247	323	23	in	in	ADP
fbem-26247	323	24	china	china	PROPN
fbem-26247	323	25	's	's	PART
fbem-26247	323	26	mining	mining	NOUN
fbem-26247	323	27	state	state	NOUN
fbem-26247	323	28	-	-	PUNCT
fbem-26247	323	29	owned	own	VERB
fbem-26247	323	30	enterprises	enterprise	NOUN
fbem-26247	323	31	?	?	PUNCT
fbem-26247	324	1	[	[	X
fbem-26247	324	2	j	j	X
fbem-26247	324	3	]	]	X
fbem-26247	324	4	.	.	PUNCT
fbem-26247	325	1	resources	resource	NOUN
fbem-26247	325	2	policy	policy	NOUN
fbem-26247	325	3	,	,	PUNCT
fbem-26247	325	4	2020	2020	NUM
fbem-26247	325	5	,	,	PUNCT
fbem-26247	325	6	66	66	NUM
fbem-26247	325	7	:	:	SYM
fbem-26247	325	8	101619	101619	NUM
fbem-26247	325	9	.	.	PUNCT
fbem-26247	326	1	[	[	X
fbem-26247	326	2	21	21	NUM
fbem-26247	326	3	]	]	X
fbem-26247	326	4	wang	wang	PROPN
fbem-26247	326	5	,	,	PUNCT
fbem-26247	326	6	li	li	PROPN
fbem-26247	326	7	.	.	PROPN
fbem-26247	326	8	new	new	ADJ
fbem-26247	326	9	audit	audit	NOUN
fbem-26247	326	10	report	report	NOUN
fbem-26247	326	11	and	and	CCONJ
fbem-26247	326	12	share	share	NOUN
fbem-26247	326	13	price	price	NOUN
fbem-26247	326	14	synchronization	synchronization	NOUN
fbem-26247	327	1	[	[	X
fbem-26247	327	2	j	j	X
fbem-26247	327	3	]	]	X
fbem-26247	327	4	.	.	PUNCT
fbem-26247	328	1	accounting	accounting	NOUN
fbem-26247	328	2	research	research	NOUN
fbem-26247	328	3	,	,	PUNCT
fbem-26247	328	4	2019	2019	NUM
fbem-26247	328	5	,	,	PUNCT
fbem-26247	328	6	(	(	PUNCT
fbem-26247	328	7	01	01	NUM
fbem-26247	328	8	):	):	PUNCT
fbem-26247	328	9	86	86	NUM
fbem-26247	328	10	-	-	SYM
fbem-26247	328	11	92	92	NUM
fbem-26247	328	12	.	.	PUNCT
fbem-26247	329	1	[	[	X
fbem-26247	329	2	22	22	NUM
fbem-26247	329	3	]	]	X
fbem-26247	329	4	gan	gan	PROPN
fbem-26247	329	5	x	x	SYM
fbem-26247	329	6	,	,	PUNCT
fbem-26247	329	7	hu	hu	PROPN
fbem-26247	330	1	p.	p.	PROPN
fbem-26247	330	2	managerial	managerial	ADJ
fbem-26247	330	3	ability	ability	NOUN
fbem-26247	330	4	and	and	CCONJ
fbem-26247	330	5	stock	stock	NOUN
fbem-26247	330	6	price	price	NOUN
fbem-26247	330	7	synchronicity	synchronicity	NOUN
fbem-26247	331	1	[	[	X
fbem-26247	331	2	j	j	X
fbem-26247	331	3	]	]	X
fbem-26247	331	4	.	.	PUNCT
fbem-26247	332	1	finance	finance	NOUN
fbem-26247	332	2	research	research	NOUN
fbem-26247	332	3	letters	letter	NOUN
fbem-26247	332	4	,	,	PUNCT
fbem-26247	332	5	2023	2023	NUM
fbem-26247	332	6	,	,	PUNCT
fbem-26247	332	7	56	56	NUM
fbem-26247	332	8	:	:	SYM
fbem-26247	332	9	104124	104124	NUM
fbem-26247	332	10	.	.	PUNCT
fbem-26247	333	1	[	[	X
fbem-26247	333	2	23	23	NUM
fbem-26247	333	3	]	]	X
fbem-26247	333	4	xin	xin	PROPN
fbem-26247	333	5	,	,	PUNCT
fbem-26247	333	6	hao	hao	PROPN
fbem-26247	333	7	,	,	PUNCT
fbem-26247	333	8	cheng	cheng	PROPN
fbem-26247	333	9	.	.	PUNCT
fbem-26247	334	1	corporate	corporate	ADJ
fbem-26247	334	2	green	green	ADJ
fbem-26247	334	3	innovation	innovation	NOUN
fbem-26247	334	4	and	and	CCONJ
fbem-26247	334	5	stock	stock	NOUN
fbem-26247	334	6	price	price	NOUN
fbem-26247	334	7	synchronization	synchronization	NOUN
fbem-26247	334	8	:	:	PUNCT
fbem-26247	334	9	based	base	VERB
fbem-26247	334	10	on	on	ADP
fbem-26247	334	11	the	the	DET
fbem-26247	334	12	perspective	perspective	NOUN
fbem-26247	334	13	of	of	ADP
fbem-26247	334	14	business	business	NOUN
fbem-26247	334	15	risk	risk	NOUN
fbem-26247	334	16	and	and	CCONJ
fbem-26247	334	17	environmental	environmental	ADJ
fbem-26247	334	18	information	information	NOUN
fbem-26247	334	19	disclosure	disclosure	NOUN
fbem-26247	335	1	[	[	X
fbem-26247	335	2	j	j	X
fbem-26247	335	3	]	]	X
fbem-26247	335	4	.	.	PUNCT
fbem-26247	336	1	finance	finance	NOUN
fbem-26247	336	2	and	and	CCONJ
fbem-26247	336	3	accounting	account	VERB
fbem-26247	336	4	monthly	monthly	ADV
fbem-26247	336	5	,	,	PUNCT
fbem-26247	336	6	2022	2022	NUM
fbem-26247	336	7	,	,	PUNCT
fbem-26247	336	8	(	(	PUNCT
fbem-26247	336	9	18	18	NUM
fbem-26247	336	10	):	):	PUNCT
fbem-26247	336	11	152	152	NUM
fbem-26247	336	12	-	-	SYM
fbem-26247	336	13	160	160	NUM
fbem-26247	336	14	.	.	PUNCT
fbem-26247	337	1	[	[	X
fbem-26247	337	2	24	24	NUM
fbem-26247	337	3	]	]	SYM
fbem-26247	337	4	xiong	xiong	PROPN
fbem-26247	337	5	,	,	PUNCT
fbem-26247	337	6	fang	fang	PROPN
fbem-26247	337	7	,	,	PUNCT
fbem-26247	337	8	yang	yang	PROPN
fbem-26247	337	9	.	.	PUNCT
fbem-26247	338	1	the	the	DET
fbem-26247	338	2	effect	effect	NOUN
fbem-26247	338	3	of	of	ADP
fbem-26247	338	4	supervisory	supervisory	ADJ
fbem-26247	338	5	governance	governance	NOUN
fbem-26247	338	6	on	on	ADP
fbem-26247	338	7	multiple	multiple	ADJ
fbem-26247	338	8	major	major	ADJ
fbem-26247	338	9	shareholders	shareholder	NOUN
fbem-26247	338	10	:	:	PUNCT
fbem-26247	338	11	empirical	empirical	ADJ
fbem-26247	338	12	evidence	evidence	NOUN
fbem-26247	338	13	from	from	ADP
fbem-26247	338	14	corporate	corporate	ADJ
fbem-26247	338	15	non	non	NOUN
fbem-26247	338	16	-	-	NOUN
fbem-26247	338	17	compliance	compliance	NOUN
fbem-26247	338	18	.	.	PUNCT
fbem-26247	339	1	[	[	X
fbem-26247	339	2	j	j	X
fbem-26247	339	3	]	]	X
fbem-26247	339	4	.	.	PUNCT
fbem-26247	340	1	collected	collect	VERB
fbem-26247	340	2	essays	essay	NOUN
fbem-26247	340	3	on	on	ADP
fbem-26247	340	4	finance	finance	NOUN
fbem-26247	340	5	and	and	CCONJ
fbem-26247	340	6	economics	economic	NOUN
fbem-26247	340	7	,	,	PUNCT
fbem-26247	340	8	2023	2023	NUM
fbem-26247	340	9	,	,	PUNCT
fbem-26247	340	10	(	(	PUNCT
fbem-26247	340	11	11	11	NUM
fbem-26247	340	12	):	):	PUNCT
fbem-26247	340	13	69	69	NUM
fbem-26247	340	14	-	-	SYM
fbem-26247	340	15	80	80	NUM
fbem-26247	340	16	.	.	PUNCT
fbem-26247	341	1	[	[	X
fbem-26247	341	2	25	25	NUM
fbem-26247	341	3	]	]	PUNCT
fbem-26247	341	4	xu	xu	PROPN
fbem-26247	341	5	,	,	PUNCT
fbem-26247	341	6	hong	hong	PROPN
fbem-26247	341	7	,	,	PUNCT
fbem-26247	341	8	wu	wu	PROPN
fbem-26247	341	9	,	,	PUNCT
fbem-26247	341	10	xu	xu	PROPN
fbem-26247	341	11	.	.	PUNCT
fbem-26247	341	12	information	information	NOUN
fbem-26247	341	13	transmission	transmission	NOUN
fbem-26247	341	14	mode	mode	NOUN
fbem-26247	341	15	,	,	PUNCT
fbem-26247	341	16	investor	investor	NOUN
fbem-26247	341	17	psychological	psychological	ADJ
fbem-26247	341	18	bias	bias	NOUN
fbem-26247	341	19	and	and	CCONJ
fbem-26247	341	20	stock	stock	NOUN
fbem-26247	341	21	price	price	NOUN
fbem-26247	341	22	"	"	PUNCT
fbem-26247	341	23	rise	rise	NOUN
fbem-26247	341	24	and	and	CCONJ
fbem-26247	341	25	fall	fall	VERB
fbem-26247	341	26	"	"	PUNCT
fbem-26247	341	27	phenomenon	phenomenon	NOUN
fbem-26247	342	1	[	[	X
fbem-26247	342	2	j	j	X
fbem-26247	342	3	]	]	X
fbem-26247	342	4	.	.	PUNCT
fbem-26247	343	1	economic	economic	ADJ
fbem-26247	343	2	research	research	NOUN
fbem-26247	343	3	journal	journal	NOUN
fbem-26247	343	4	,	,	PUNCT
fbem-26247	343	5	2011	2011	NUM
fbem-26247	343	6	,	,	PUNCT
fbem-26247	343	7	46	46	NUM
fbem-26247	343	8	,	,	PUNCT
fbem-26247	343	9	(	(	PUNCT
fbem-26247	343	10	04	04	NUM
fbem-26247	343	11	):	):	PUNCT
fbem-26247	343	12	135	135	NUM
fbem-26247	343	13	-	-	SYM
fbem-26247	343	14	146	146	NUM
fbem-26247	343	15	.	.	PUNCT
fbem-26247	344	1	[	[	X
fbem-26247	344	2	26	26	NUM
fbem-26247	344	3	]	]	PUNCT
fbem-26247	344	4	xu	xu	PROPN
fbem-26247	344	5	,	,	PUNCT
fbem-26247	344	6	li	li	PROPN
fbem-26247	344	7	,	,	PUNCT
fbem-26247	344	8	chen	chen	PROPN
fbem-26247	344	9	.	.	PUNCT
fbem-26247	345	1	confucian	confucian	ADJ
fbem-26247	345	2	culture	culture	PROPN
fbem-26247	345	3	and	and	CCONJ
fbem-26247	345	4	stock	stock	NOUN
fbem-26247	345	5	price	price	NOUN
fbem-26247	345	6	crash	crash	NOUN
fbem-26247	345	7	risk	risk	NOUN
fbem-26247	346	1	[	[	X
fbem-26247	346	2	j	j	X
fbem-26247	346	3	]	]	X
fbem-26247	346	4	.	.	PUNCT
fbem-26247	347	1	china	china	PROPN
fbem-26247	347	2	journal	journal	PROPN
fbem-26247	347	3	of	of	ADP
fbem-26247	347	4	accounting	accounting	NOUN
fbem-26247	347	5	studies	study	NOUN
fbem-26247	347	6	,	,	PUNCT
fbem-26247	347	7	2019	2019	NUM
fbem-26247	347	8	,	,	PUNCT
fbem-26247	347	9	7	7	NUM
fbem-26247	347	10	(	(	PUNCT
fbem-26247	347	11	1	1	NUM
fbem-26247	347	12	):	):	PUNCT
fbem-26247	347	13	25	25	NUM
fbem-26247	347	14	-	-	SYM
fbem-26247	347	15	61	61	NUM
fbem-26247	347	16	.	.	PUNCT
fbem-26247	348	1	[	[	X
fbem-26247	348	2	27	27	NUM
fbem-26247	348	3	]	]	X
fbem-26247	348	4	xu	xu	PROPN
fbem-26247	348	5	n	n	CCONJ
fbem-26247	348	6	,	,	PUNCT
fbem-26247	348	7	chan	chan	PROPN
fbem-26247	348	8	c	c	PROPN
fbem-26247	348	9	k	k	PROPN
fbem-26247	348	10	,	,	PUNCT
fbem-26247	348	11	jiang	jiang	PROPN
fbem-26247	348	12	x	x	PROPN
fbem-26247	348	13	,	,	PUNCT
fbem-26247	348	14	et	et	PROPN
fbem-26247	348	15	al	al	PROPN
fbem-26247	348	16	.	.	PROPN
fbem-26247	349	1	do	do	AUX
fbem-26247	349	2	star	star	NOUN
fbem-26247	349	3	analysts	analyst	NOUN
fbem-26247	349	4	know	know	VERB
fbem-26247	349	5	more	more	ADJ
fbem-26247	349	6	firm	firm	ADJ
fbem-26247	349	7	-	-	PUNCT
fbem-26247	349	8	specific	specific	ADJ
fbem-26247	349	9	information	information	NOUN
fbem-26247	349	10	?	?	PUNCT
fbem-26247	350	1	evidence	evidence	NOUN
fbem-26247	350	2	from	from	ADP
fbem-26247	350	3	china	china	PROPN
fbem-26247	351	1	[	[	X
fbem-26247	351	2	j	j	X
fbem-26247	351	3	]	]	X
fbem-26247	351	4	.	.	PUNCT
fbem-26247	352	1	journal	journal	PROPN
fbem-26247	352	2	of	of	ADP
fbem-26247	352	3	banking	banking	NOUN
fbem-26247	352	4	and	and	CCONJ
fbem-26247	352	5	finance	finance	NOUN
fbem-26247	352	6	,	,	PUNCT
fbem-26247	352	7	2013	2013	NUM
fbem-26247	352	8	,	,	PUNCT
fbem-26247	352	9	37	37	NUM
fbem-26247	352	10	(	(	PUNCT
fbem-26247	352	11	1	1	NUM
fbem-26247	352	12	):	):	SYM
fbem-26247	352	13	89	89	NUM
fbem-26247	352	14	-	-	SYM
fbem-26247	352	15	102	102	NUM
fbem-26247	352	16	.	.	PUNCT
fbem-26247	353	1	[	[	X
fbem-26247	353	2	28	28	NUM
fbem-26247	353	3	]	]	X
fbem-26247	353	4	yang	yang	PROPN
fbem-26247	353	5	,	,	PUNCT
fbem-26247	353	6	liu	liu	PROPN
fbem-26247	353	7	.	.	PUNCT
fbem-26247	354	1	confucian	confucian	ADJ
fbem-26247	354	2	culture	culture	NOUN
fbem-26247	354	3	and	and	CCONJ
fbem-26247	354	4	the	the	DET
fbem-26247	354	5	quality	quality	NOUN
fbem-26247	354	6	of	of	ADP
fbem-26247	354	7	corporate	corporate	ADJ
fbem-26247	354	8	environmental	environmental	ADJ
fbem-26247	354	9	information	information	NOUN
fbem-26247	354	10	disclosure	disclosure	NOUN
fbem-26247	355	1	[	[	X
fbem-26247	355	2	j	j	X
fbem-26247	355	3	]	]	X
fbem-26247	355	4	.	.	PUNCT
fbem-26247	356	1	journal	journal	PROPN
fbem-26247	356	2	of	of	ADP
fbem-26247	356	3	nanjing	nanjing	PROPN
fbem-26247	356	4	audit	audit	PROPN
fbem-26247	356	5	university	university	NOUN
fbem-26247	356	6	,	,	PUNCT
fbem-26247	356	7	2024	2024	NUM
fbem-26247	356	8	,	,	PUNCT
fbem-26247	356	9	21	21	NUM
fbem-26247	356	10	(	(	PUNCT
fbem-26247	356	11	05	05	NUM
fbem-26247	356	12	):	):	PUNCT
fbem-26247	356	13	37	37	NUM
fbem-26247	356	14	-	-	SYM
fbem-26247	356	15	49	49	NUM
fbem-26247	356	16	.	.	PUNCT
fbem-26247	357	1	[	[	X
fbem-26247	357	2	29	29	NUM
fbem-26247	357	3	]	]	X
fbem-26247	357	4	zhang	zhang	PROPN
fbem-26247	357	5	,	,	PUNCT
fbem-26247	357	6	xu	xu	PROPN
fbem-26247	357	7	,	,	PUNCT
fbem-26247	357	8	cao	cao	PROPN
fbem-26247	357	9	.	.	PUNCT
fbem-26247	358	1	a	a	DET
fbem-26247	358	2	study	study	NOUN
fbem-26247	358	3	on	on	ADP
fbem-26247	358	4	the	the	DET
fbem-26247	358	5	impact	impact	NOUN
fbem-26247	358	6	of	of	ADP
fbem-26247	358	7	confucian	confucian	ADJ
fbem-26247	358	8	culture	culture	NOUN
fbem-26247	358	9	on	on	ADP
fbem-26247	358	10	corporate	corporate	ADJ
fbem-26247	358	11	merger	merger	NOUN
fbem-26247	358	12	and	and	CCONJ
fbem-26247	358	13	acquisition	acquisition	NOUN
fbem-26247	358	14	performance	performance	NOUN
fbem-26247	358	15	[	[	X
fbem-26247	358	16	j	j	X
fbem-26247	358	17	]	]	X
fbem-26247	358	18	.	.	PUNCT
fbem-26247	359	1	communication	communication	NOUN
fbem-26247	359	2	of	of	ADP
fbem-26247	359	3	finance	finance	NOUN
fbem-26247	359	4	and	and	CCONJ
fbem-26247	359	5	accounting	accounting	NOUN
fbem-26247	359	6	,	,	PUNCT
fbem-26247	359	7	2023	2023	NUM
fbem-26247	359	8	,	,	PUNCT
fbem-26247	359	9	(	(	PUNCT
fbem-26247	359	10	02	02	NUM
fbem-26247	359	11	):	):	PUNCT
fbem-26247	359	12	67	67	NUM
fbem-26247	359	13	-	-	SYM
fbem-26247	359	14	72	72	NUM
fbem-26247	359	15	.	.	PUNCT
fbem-26247	360	1	[	[	X
fbem-26247	360	2	30	30	NUM
fbem-26247	360	3	]	]	X
fbem-26247	360	4	zou	zou	X
fbem-26247	360	5	.	.	PUNCT
fbem-26247	360	6	can	can	AUX
fbem-26247	360	7	confucian	confucian	ADJ
fbem-26247	360	8	culture	culture	NOUN
fbem-26247	360	9	promote	promote	VERB
fbem-26247	360	10	csr	csr	NOUN
fbem-26247	360	11	information	information	NOUN
fbem-26247	360	12	disclosure	disclosure	NOUN
fbem-26247	360	13	?	?	PUNCT
fbem-26247	361	1	[	[	X
fbem-26247	361	2	j	j	X
fbem-26247	361	3	]	]	X
fbem-26247	361	4	.business	.business	NOUN
fbem-26247	361	5	and	and	CCONJ
fbem-26247	361	6	management	management	NOUN
fbem-26247	361	7	journal	journal	NOUN
fbem-26247	361	8	,	,	PUNCT
fbem-26247	361	9	2020	2020	NUM
fbem-26247	361	10	,	,	PUNCT
fbem-26247	361	11	42(12	42(12	NUM
fbem-26247	361	12	):	):	PUNCT
fbem-26247	361	13	76	76	NUM
fbem-26247	361	14	-	-	SYM
fbem-26247	361	15	93	93	NUM
fbem-26247	361	16	.	.	PUNCT