id	sid	tid	token	lemma	pos
fbem-27	1	1	frontiers	frontier	NOUN
fbem-27	1	2	in	in	ADP
fbem-27	1	3	business	business	NOUN
fbem-27	1	4	,	,	PUNCT
fbem-27	1	5	economics	economic	NOUN
fbem-27	1	6	and	and	CCONJ
fbem-27	1	7	management	management	NOUN
fbem-27	1	8	issn	issn	PROPN
fbem-27	1	9	:	:	PUNCT
fbem-27	1	10	2766	2766	NUM
fbem-27	1	11	-	-	PUNCT
fbem-27	1	12	824x	824x	NUM
fbem-27	1	13	|	|	ADJ
fbem-27	1	14	vol	vol	NOUN
fbem-27	1	15	.	.	PROPN
fbem-27	2	1	2	2	NUM
fbem-27	2	2	,	,	PUNCT
fbem-27	2	3	no	no	INTJ
fbem-27	2	4	.	.	NOUN
fbem-27	2	5	1	1	NUM
fbem-27	2	6	,	,	PUNCT
fbem-27	2	7	2021	2021	NUM
fbem-27	2	8	1	1	NUM
fbem-27	2	9	research	research	NOUN
fbem-27	2	10	on	on	ADP
fbem-27	2	11	the	the	DET
fbem-27	2	12	survival	survival	NOUN
fbem-27	2	13	analysis	analysis	NOUN
fbem-27	2	14	of	of	ADP
fbem-27	2	15	chinese	chinese	PROPN
fbem-27	2	16	st	st	PROPN
fbem-27	2	17	enterprises	enterprise	NOUN
fbem-27	2	18	‐‐	‐‐	VERB
fbem-27	2	19	analysis	analysis	NOUN
fbem-27	2	20	based	base	VERB
fbem-27	2	21	on	on	ADP
fbem-27	2	22	the	the	DET
fbem-27	2	23	life	life	NOUN
fbem-27	2	24	table	table	NOUN
fbem-27	2	25	method	method	NOUN
fbem-27	2	26	haonan	haonan	PROPN
fbem-27	2	27	tian	tian	PROPN
fbem-27	2	28	nanjing	nanjing	PROPN
fbem-27	2	29	university	university	PROPN
fbem-27	2	30	,	,	PUNCT
fbem-27	2	31	nanjing	nanjing	PROPN
fbem-27	2	32	,	,	PUNCT
fbem-27	2	33	jiangsu	jiangsu	PROPN
fbem-27	2	34	,	,	PUNCT
fbem-27	2	35	china	china	PROPN
fbem-27	2	36	abstract	abstract	PROPN
fbem-27	2	37	:	:	PUNCT
fbem-27	2	38	for	for	ADP
fbem-27	2	39	a	a	DET
fbem-27	2	40	long	long	ADJ
fbem-27	2	41	time	time	NOUN
fbem-27	2	42	,	,	PUNCT
fbem-27	2	43	some	some	DET
fbem-27	2	44	companies	company	NOUN
fbem-27	2	45	have	have	VERB
fbem-27	2	46	basically	basically	ADV
fbem-27	2	47	no	no	DET
fbem-27	2	48	revenue	revenue	NOUN
fbem-27	2	49	,	,	PUNCT
fbem-27	2	50	but	but	CCONJ
fbem-27	2	51	have	have	AUX
fbem-27	2	52	not	not	PART
fbem-27	2	53	delisted	delist	VERB
fbem-27	2	54	from	from	ADP
fbem-27	2	55	the	the	DET
fbem-27	2	56	market	market	NOUN
fbem-27	2	57	with	with	ADP
fbem-27	2	58	poor	poor	ADJ
fbem-27	2	59	performance	performance	NOUN
fbem-27	2	60	,	,	PUNCT
fbem-27	2	61	reflecting	reflect	VERB
fbem-27	2	62	the	the	DET
fbem-27	2	63	embarrassment	embarrassment	NOUN
fbem-27	2	64	of	of	ADP
fbem-27	2	65	the	the	DET
fbem-27	2	66	system	system	NOUN
fbem-27	2	67	.	.	PUNCT
fbem-27	3	1	one	one	NUM
fbem-27	3	2	of	of	ADP
fbem-27	3	3	the	the	DET
fbem-27	3	4	reasons	reason	NOUN
fbem-27	3	5	for	for	ADP
fbem-27	3	6	the	the	DET
fbem-27	3	7	difficulty	difficulty	NOUN
fbem-27	3	8	of	of	ADP
fbem-27	3	9	enterprise	enterprise	NOUN
fbem-27	3	10	delisting	delisting	NOUN
fbem-27	3	11	is	be	AUX
fbem-27	3	12	the	the	DET
fbem-27	3	13	existence	existence	NOUN
fbem-27	3	14	of	of	ADP
fbem-27	3	15	st	st	PROPN
fbem-27	3	16	companies	company	NOUN
fbem-27	3	17	in	in	ADP
fbem-27	3	18	the	the	DET
fbem-27	3	19	market	market	NOUN
fbem-27	3	20	,	,	PUNCT
fbem-27	3	21	which	which	PRON
fbem-27	3	22	results	result	VERB
fbem-27	3	23	in	in	ADP
fbem-27	3	24	the	the	DET
fbem-27	3	25	scarcity	scarcity	NOUN
fbem-27	3	26	of	of	ADP
fbem-27	3	27	shell	shell	ADJ
fbem-27	3	28	resources	resource	NOUN
fbem-27	3	29	of	of	ADP
fbem-27	3	30	listed	list	VERB
fbem-27	3	31	companies	company	NOUN
fbem-27	3	32	.	.	PUNCT
fbem-27	4	1	how	how	SCONJ
fbem-27	4	2	to	to	PART
fbem-27	4	3	optimize	optimize	VERB
fbem-27	4	4	the	the	DET
fbem-27	4	5	market	market	NOUN
fbem-27	4	6	exit	exit	NOUN
fbem-27	4	7	mechanism	mechanism	NOUN
fbem-27	4	8	has	have	AUX
fbem-27	4	9	become	become	VERB
fbem-27	4	10	an	an	DET
fbem-27	4	11	urgent	urgent	ADJ
fbem-27	4	12	problem	problem	NOUN
fbem-27	4	13	to	to	PART
fbem-27	4	14	be	be	AUX
fbem-27	4	15	solved	solve	VERB
fbem-27	4	16	.	.	PUNCT
fbem-27	5	1	this	this	DET
fbem-27	5	2	paper	paper	NOUN
fbem-27	5	3	selects	select	VERB
fbem-27	5	4	chinese	chinese	ADJ
fbem-27	5	5	listed	list	VERB
fbem-27	5	6	companies	company	NOUN
fbem-27	5	7	that	that	PRON
fbem-27	5	8	were	be	AUX
fbem-27	5	9	processed	process	VERB
fbem-27	5	10	by	by	ADP
fbem-27	5	11	st	st	PROPN
fbem-27	5	12	from	from	ADP
fbem-27	5	13	1998	1998	NUM
fbem-27	5	14	to	to	ADP
fbem-27	5	15	2020	2020	NUM
fbem-27	5	16	as	as	ADP
fbem-27	5	17	the	the	DET
fbem-27	5	18	research	research	NOUN
fbem-27	5	19	object	object	NOUN
fbem-27	5	20	,	,	PUNCT
fbem-27	5	21	and	and	CCONJ
fbem-27	5	22	uses	use	VERB
fbem-27	5	23	survival	survival	NOUN
fbem-27	5	24	analysis	analysis	NOUN
fbem-27	5	25	to	to	PART
fbem-27	5	26	study	study	VERB
fbem-27	5	27	the	the	DET
fbem-27	5	28	survival	survival	NOUN
fbem-27	5	29	problems	problem	NOUN
fbem-27	5	30	of	of	ADP
fbem-27	5	31	st	st	PROPN
fbem-27	5	32	companies	company	NOUN
fbem-27	5	33	,	,	PUNCT
fbem-27	5	34	that	that	ADV
fbem-27	5	35	is	is	ADV
fbem-27	5	36	,	,	PUNCT
fbem-27	5	37	the	the	DET
fbem-27	5	38	time	time	NOUN
fbem-27	5	39	rule	rule	NOUN
fbem-27	5	40	of	of	ADP
fbem-27	5	41	st	st	PROPN
fbem-27	5	42	companies	company	NOUN
fbem-27	5	43	'	'	PART
fbem-27	5	44	delisting	delisting	NOUN
fbem-27	5	45	and	and	CCONJ
fbem-27	5	46	delisting	delisting	NOUN
fbem-27	5	47	.	.	PUNCT
fbem-27	6	1	the	the	DET
fbem-27	6	2	results	result	NOUN
fbem-27	6	3	show	show	VERB
fbem-27	6	4	that	that	SCONJ
fbem-27	6	5	the	the	DET
fbem-27	6	6	probability	probability	NOUN
fbem-27	6	7	of	of	ADP
fbem-27	6	8	capping	cap	VERB
fbem-27	6	9	incidents	incident	NOUN
fbem-27	6	10	of	of	ADP
fbem-27	6	11	listed	list	VERB
fbem-27	6	12	companies	company	NOUN
fbem-27	6	13	after	after	ADP
fbem-27	6	14	the	the	DET
fbem-27	6	15	implementation	implementation	NOUN
fbem-27	6	16	of	of	ADP
fbem-27	6	17	special	special	ADJ
fbem-27	6	18	treatment	treatment	NOUN
fbem-27	6	19	increases	increase	VERB
fbem-27	6	20	first	first	ADV
fbem-27	6	21	and	and	CCONJ
fbem-27	6	22	then	then	ADV
fbem-27	6	23	decreases	decrease	VERB
fbem-27	6	24	,	,	PUNCT
fbem-27	6	25	reaching	reach	VERB
fbem-27	6	26	a	a	DET
fbem-27	6	27	peak	peak	NOUN
fbem-27	6	28	in	in	ADP
fbem-27	6	29	the	the	DET
fbem-27	6	30	second	second	ADJ
fbem-27	6	31	year	year	NOUN
fbem-27	6	32	after	after	ADP
fbem-27	6	33	the	the	DET
fbem-27	6	34	implementation	implementation	NOUN
fbem-27	6	35	of	of	ADP
fbem-27	6	36	st	st	PROPN
fbem-27	6	37	,	,	PUNCT
fbem-27	6	38	and	and	CCONJ
fbem-27	6	39	a	a	DET
fbem-27	6	40	substantial	substantial	ADJ
fbem-27	6	41	decline	decline	NOUN
fbem-27	6	42	in	in	ADP
fbem-27	6	43	the	the	DET
fbem-27	6	44	third	third	ADJ
fbem-27	6	45	year	year	NOUN
fbem-27	6	46	,	,	PUNCT
fbem-27	6	47	and	and	CCONJ
fbem-27	6	48	it	it	PRON
fbem-27	6	49	can	can	AUX
fbem-27	6	50	be	be	AUX
fbem-27	6	51	achieved	achieve	VERB
fbem-27	6	52	in	in	ADP
fbem-27	6	53	the	the	DET
fbem-27	6	54	sixth	sixth	ADJ
fbem-27	6	55	year	year	NOUN
fbem-27	6	56	and	and	CCONJ
fbem-27	6	57	beyond	beyond	ADP
fbem-27	6	58	.	.	PUNCT
fbem-27	7	1	few	few	ADJ
fbem-27	7	2	st	st	PROPN
fbem-27	7	3	companies	company	NOUN
fbem-27	7	4	have	have	AUX
fbem-27	7	5	decapitated	decapitate	VERB
fbem-27	7	6	;	;	PUNCT
fbem-27	7	7	the	the	DET
fbem-27	7	8	probability	probability	NOUN
fbem-27	7	9	of	of	ADP
fbem-27	7	10	delisting	delist	VERB
fbem-27	7	11	events	event	NOUN
fbem-27	7	12	of	of	ADP
fbem-27	7	13	listed	list	VERB
fbem-27	7	14	companies	company	NOUN
fbem-27	7	15	after	after	ADP
fbem-27	7	16	the	the	DET
fbem-27	7	17	implementation	implementation	NOUN
fbem-27	7	18	of	of	ADP
fbem-27	7	19	special	special	ADJ
fbem-27	7	20	treatment	treatment	NOUN
fbem-27	7	21	also	also	ADV
fbem-27	7	22	increases	increase	VERB
fbem-27	7	23	first	first	ADV
fbem-27	7	24	and	and	CCONJ
fbem-27	7	25	then	then	ADV
fbem-27	7	26	decreases	decrease	VERB
fbem-27	7	27	,	,	PUNCT
fbem-27	7	28	reaching	reach	VERB
fbem-27	7	29	a	a	DET
fbem-27	7	30	peak	peak	NOUN
fbem-27	7	31	in	in	ADP
fbem-27	7	32	the	the	DET
fbem-27	7	33	third	third	ADJ
fbem-27	7	34	year	year	NOUN
fbem-27	7	35	after	after	ADP
fbem-27	7	36	the	the	DET
fbem-27	7	37	implementation	implementation	NOUN
fbem-27	7	38	of	of	ADP
fbem-27	7	39	st	st	PROPN
fbem-27	7	40	.	.	PROPN
fbem-27	7	41	in	in	ADP
fbem-27	7	42	the	the	DET
fbem-27	7	43	fifth	fifth	ADJ
fbem-27	7	44	year	year	NOUN
fbem-27	7	45	and	and	CCONJ
fbem-27	7	46	beyond	beyond	ADP
fbem-27	7	47	,	,	PUNCT
fbem-27	7	48	few	few	ADJ
fbem-27	7	49	st	st	PROPN
fbem-27	7	50	companies	company	NOUN
fbem-27	7	51	have	have	AUX
fbem-27	7	52	retired	retire	VERB
fbem-27	7	53	.	.	PUNCT
fbem-27	8	1	city	city	NOUN
fbem-27	8	2	.	.	PUNCT
fbem-27	9	1	keywords	keyword	NOUN
fbem-27	9	2	:	:	PUNCT
fbem-27	9	3	survival	survival	NOUN
fbem-27	9	4	analysis	analysis	NOUN
fbem-27	9	5	,	,	PUNCT
fbem-27	9	6	st	st	NOUN
fbem-27	9	7	enterprise	enterprise	NOUN
fbem-27	9	8	,	,	PUNCT
fbem-27	9	9	life	life	NOUN
fbem-27	9	10	table	table	NOUN
fbem-27	9	11	method	method	NOUN
fbem-27	9	12	.	.	PUNCT
fbem-27	10	1	1	1	X
fbem-27	10	2	.	.	X
fbem-27	10	3	introduction	introduction	NOUN
fbem-27	10	4	on	on	ADP
fbem-27	10	5	march	march	PROPN
fbem-27	10	6	1	1	NUM
fbem-27	10	7	,	,	PUNCT
fbem-27	10	8	2016	2016	NUM
fbem-27	10	9	,	,	PUNCT
fbem-27	10	10	the	the	DET
fbem-27	10	11	state	state	PROPN
fbem-27	10	12	council	council	PROPN
fbem-27	10	13	’s	’s	PART
fbem-27	10	14	authorization	authorization	NOUN
fbem-27	10	15	to	to	PART
fbem-27	10	16	reform	reform	VERB
fbem-27	10	17	the	the	DET
fbem-27	10	18	registration	registration	NOUN
fbem-27	10	19	system	system	NOUN
fbem-27	10	20	was	be	AUX
fbem-27	10	21	officially	officially	ADV
fbem-27	10	22	implemented	implement	VERB
fbem-27	10	23	.	.	PUNCT
fbem-27	11	1	on	on	ADP
fbem-27	11	2	october	october	PROPN
fbem-27	11	3	9	9	NUM
fbem-27	11	4	,	,	PUNCT
fbem-27	11	5	2020	2020	NUM
fbem-27	11	6	,	,	PUNCT
fbem-27	11	7	the	the	DET
fbem-27	11	8	state	state	PROPN
fbem-27	11	9	council	council	PROPN
fbem-27	11	10	issued	issue	VERB
fbem-27	11	11	the	the	DET
fbem-27	11	12	"	"	PUNCT
fbem-27	11	13	opinions	opinion	NOUN
fbem-27	11	14	on	on	ADP
fbem-27	11	15	further	far	ADV
fbem-27	11	16	improving	improve	VERB
fbem-27	11	17	the	the	DET
fbem-27	11	18	quality	quality	NOUN
fbem-27	11	19	of	of	ADP
fbem-27	11	20	listed	list	VERB
fbem-27	11	21	companies	company	NOUN
fbem-27	11	22	"	"	PUNCT
fbem-27	11	23	(	(	PUNCT
fbem-27	11	24	hereinafter	hereinafter	NOUN
fbem-27	11	25	referred	refer	VERB
fbem-27	11	26	to	to	ADP
fbem-27	11	27	as	as	ADP
fbem-27	11	28	the	the	DET
fbem-27	11	29	"	"	PUNCT
fbem-27	11	30	opinions	opinion	NOUN
fbem-27	11	31	"	"	PUNCT
fbem-27	11	32	)	)	PUNCT
fbem-27	11	33	and	and	CCONJ
fbem-27	11	34	proposed	propose	VERB
fbem-27	11	35	to	to	PART
fbem-27	11	36	"	"	PUNCT
fbem-27	11	37	fully	fully	ADV
fbem-27	11	38	implement	implement	VERB
fbem-27	11	39	and	and	CCONJ
fbem-27	11	40	implement	implement	VERB
fbem-27	11	41	the	the	DET
fbem-27	11	42	securities	security	NOUN
fbem-27	11	43	issuance	issuance	NOUN
fbem-27	11	44	registration	registration	NOUN
fbem-27	11	45	system	system	NOUN
fbem-27	11	46	step	step	NOUN
fbem-27	11	47	by	by	ADP
fbem-27	11	48	step	step	NOUN
fbem-27	11	49	"	"	PUNCT
fbem-27	11	50	.	.	PUNCT
fbem-27	12	1	the	the	DET
fbem-27	12	2	"	"	PUNCT
fbem-27	12	3	opinions	opinion	NOUN
fbem-27	12	4	"	"	PUNCT
fbem-27	12	5	indicate	indicate	VERB
fbem-27	12	6	the	the	DET
fbem-27	12	7	entry	entry	NOUN
fbem-27	12	8	channel	channel	NOUN
fbem-27	12	9	of	of	ADP
fbem-27	12	10	my	my	PRON
fbem-27	12	11	country	country	NOUN
fbem-27	12	12	's	's	PART
fbem-27	12	13	stock	stock	NOUN
fbem-27	12	14	market	market	NOUN
fbem-27	12	15	officially	officially	ADV
fbem-27	12	16	entered	enter	VERB
fbem-27	12	17	the	the	DET
fbem-27	12	18	fast	fast	ADJ
fbem-27	12	19	lane	lane	NOUN
fbem-27	12	20	,	,	PUNCT
fbem-27	12	21	but	but	CCONJ
fbem-27	12	22	at	at	ADP
fbem-27	12	23	the	the	DET
fbem-27	12	24	same	same	ADJ
fbem-27	12	25	time	time	NOUN
fbem-27	12	26	,	,	PUNCT
fbem-27	12	27	the	the	DET
fbem-27	12	28	reform	reform	NOUN
fbem-27	12	29	of	of	ADP
fbem-27	12	30	the	the	DET
fbem-27	12	31	market	market	NOUN
fbem-27	12	32	exit	exit	NOUN
fbem-27	12	33	mechanism	mechanism	NOUN
fbem-27	12	34	was	be	AUX
fbem-27	12	35	faltering	faltering	ADJ
fbem-27	12	36	.	.	PUNCT
fbem-27	13	1	in	in	ADP
fbem-27	13	2	the	the	DET
fbem-27	13	3	early	early	ADJ
fbem-27	13	4	1990s	1990	NOUN
fbem-27	13	5	,	,	PUNCT
fbem-27	13	6	the	the	DET
fbem-27	13	7	shanghai	shanghai	PROPN
fbem-27	13	8	stock	stock	PROPN
fbem-27	13	9	exchange	exchange	PROPN
fbem-27	13	10	and	and	CCONJ
fbem-27	13	11	the	the	DET
fbem-27	13	12	shenzhen	shenzhen	PROPN
fbem-27	13	13	stock	stock	PROPN
fbem-27	13	14	exchange	exchange	PROPN
fbem-27	13	15	were	be	AUX
fbem-27	13	16	established	establish	VERB
fbem-27	13	17	successively	successively	ADV
fbem-27	13	18	,	,	PUNCT
fbem-27	13	19	marking	mark	VERB
fbem-27	13	20	the	the	DET
fbem-27	13	21	formal	formal	ADJ
fbem-27	13	22	formation	formation	NOUN
fbem-27	13	23	of	of	ADP
fbem-27	13	24	my	my	PRON
fbem-27	13	25	country	country	NOUN
fbem-27	13	26	's	's	PART
fbem-27	13	27	stock	stock	NOUN
fbem-27	13	28	market	market	NOUN
fbem-27	13	29	.	.	PUNCT
fbem-27	14	1	however	however	ADV
fbem-27	14	2	,	,	PUNCT
fbem-27	14	3	many	many	ADJ
fbem-27	14	4	companies	company	NOUN
fbem-27	14	5	have	have	AUX
fbem-27	14	6	experienced	experience	VERB
fbem-27	14	7	financial	financial	ADJ
fbem-27	14	8	difficulties	difficulty	NOUN
fbem-27	14	9	of	of	ADP
fbem-27	14	10	losing	lose	VERB
fbem-27	14	11	money	money	NOUN
fbem-27	14	12	for	for	ADP
fbem-27	14	13	years	year	NOUN
fbem-27	14	14	after	after	ADP
fbem-27	14	15	going	go	VERB
fbem-27	14	16	public	public	ADJ
fbem-27	14	17	,	,	PUNCT
fbem-27	14	18	so	so	CCONJ
fbem-27	14	19	the	the	DET
fbem-27	14	20	special	special	ADJ
fbem-27	14	21	treatment	treatment	NOUN
fbem-27	14	22	(	(	PUNCT
fbem-27	14	23	st	st	NOUN
fbem-27	14	24	)	)	PUNCT
fbem-27	14	25	system	system	NOUN
fbem-27	14	26	came	come	VERB
fbem-27	14	27	into	into	ADP
fbem-27	14	28	being	being	NOUN
fbem-27	14	29	.	.	PUNCT
fbem-27	15	1	on	on	ADP
fbem-27	15	2	march	march	PROPN
fbem-27	15	3	16	16	NUM
fbem-27	15	4	,	,	PUNCT
fbem-27	15	5	1998	1998	NUM
fbem-27	15	6	,	,	PUNCT
fbem-27	15	7	the	the	DET
fbem-27	15	8	china	china	PROPN
fbem-27	15	9	securities	securities	PROPN
fbem-27	15	10	regulatory	regulatory	PROPN
fbem-27	15	11	commission	commission	PROPN
fbem-27	15	12	issued	issue	VERB
fbem-27	15	13	the	the	DET
fbem-27	15	14	"	"	PUNCT
fbem-27	15	15	notice	notice	NOUN
fbem-27	15	16	on	on	ADP
fbem-27	15	17	the	the	DET
fbem-27	15	18	special	special	ADJ
fbem-27	15	19	handling	handling	NOUN
fbem-27	15	20	of	of	ADP
fbem-27	15	21	stocks	stock	NOUN
fbem-27	15	22	during	during	ADP
fbem-27	15	23	the	the	DET
fbem-27	15	24	period	period	NOUN
fbem-27	15	25	of	of	ADP
fbem-27	15	26	abnormal	abnormal	ADJ
fbem-27	15	27	conditions	condition	NOUN
fbem-27	15	28	of	of	ADP
fbem-27	15	29	listed	list	VERB
fbem-27	15	30	companies	company	NOUN
fbem-27	15	31	"	"	PUNCT
fbem-27	15	32	,	,	PUNCT
fbem-27	15	33	requiring	require	VERB
fbem-27	15	34	the	the	DET
fbem-27	15	35	shanghai	shanghai	PROPN
fbem-27	15	36	and	and	CCONJ
fbem-27	15	37	shenzhen	shenzhen	PROPN
fbem-27	15	38	stock	stock	PROPN
fbem-27	15	39	exchanges	exchange	NOUN
fbem-27	15	40	to	to	PART
fbem-27	15	41	implement	implement	VERB
fbem-27	15	42	stocks	stock	NOUN
fbem-27	15	43	for	for	ADP
fbem-27	15	44	listed	list	VERB
fbem-27	15	45	companies	company	NOUN
fbem-27	15	46	that	that	PRON
fbem-27	15	47	have	have	AUX
fbem-27	15	48	suffered	suffer	VERB
fbem-27	15	49	losses	loss	NOUN
fbem-27	15	50	or	or	CCONJ
fbem-27	15	51	have	have	VERB
fbem-27	15	52	abnormal	abnormal	ADJ
fbem-27	15	53	operating	operating	NOUN
fbem-27	15	54	conditions	condition	NOUN
fbem-27	15	55	for	for	ADP
fbem-27	15	56	two	two	NUM
fbem-27	15	57	consecutive	consecutive	ADJ
fbem-27	15	58	years	year	NOUN
fbem-27	15	59	.	.	PUNCT
fbem-27	16	1	special	special	ADJ
fbem-27	16	2	treatment	treatment	NOUN
fbem-27	16	3	(	(	PUNCT
fbem-27	16	4	st	st	NOUN
fbem-27	16	5	)	)	PUNCT
fbem-27	16	6	system	system	NOUN
fbem-27	16	7	for	for	ADP
fbem-27	16	8	transactions	transaction	NOUN
fbem-27	16	9	.	.	PUNCT
fbem-27	17	1	on	on	ADP
fbem-27	17	2	april	april	PROPN
fbem-27	17	3	22	22	NUM
fbem-27	17	4	,	,	PUNCT
fbem-27	17	5	1998	1998	NUM
fbem-27	17	6	,	,	PUNCT
fbem-27	17	7	the	the	DET
fbem-27	17	8	shanghai	shanghai	PROPN
fbem-27	17	9	and	and	CCONJ
fbem-27	17	10	shenzhen	shenzhen	PROPN
fbem-27	17	11	stock	stock	PROPN
fbem-27	17	12	exchanges	exchange	NOUN
fbem-27	17	13	announced	announce	VERB
fbem-27	17	14	that	that	SCONJ
fbem-27	17	15	they	they	PRON
fbem-27	17	16	would	would	AUX
fbem-27	17	17	formally	formally	ADV
fbem-27	17	18	implement	implement	VERB
fbem-27	17	19	special	special	ADJ
fbem-27	17	20	handling	handling	NOUN
fbem-27	17	21	of	of	ADP
fbem-27	17	22	the	the	DET
fbem-27	17	23	stock	stock	NOUN
fbem-27	17	24	transactions	transaction	NOUN
fbem-27	17	25	of	of	ADP
fbem-27	17	26	listed	list	VERB
fbem-27	17	27	companies	company	NOUN
fbem-27	17	28	with	with	ADP
fbem-27	17	29	abnormal	abnormal	ADJ
fbem-27	17	30	financial	financial	ADJ
fbem-27	17	31	or	or	CCONJ
fbem-27	17	32	other	other	ADJ
fbem-27	17	33	conditions	condition	NOUN
fbem-27	17	34	,	,	PUNCT
fbem-27	17	35	and	and	CCONJ
fbem-27	17	36	at	at	ADP
fbem-27	17	37	the	the	DET
fbem-27	17	38	same	same	ADJ
fbem-27	17	39	time	time	NOUN
fbem-27	17	40	add	add	VERB
fbem-27	17	41	"	"	PUNCT
fbem-27	17	42	st	st	PROPN
fbem-27	17	43	(	(	PUNCT
fbem-27	17	44	there	there	PRON
fbem-27	17	45	are	be	VERB
fbem-27	17	46	five	five	NUM
fbem-27	17	47	categories	category	NOUN
fbem-27	17	48	of	of	ADP
fbem-27	17	49	st	st	PROPN
fbem-27	17	50	stocks	stock	NOUN
fbem-27	17	51	as	as	SCONJ
fbem-27	17	52	follows	follow	VERB
fbem-27	17	53	:	:	PUNCT
fbem-27	17	54	st	st	PROPN
fbem-27	17	55	,	,	PUNCT
fbem-27	17	56	*	*	PROPN
fbem-27	17	57	st	st	PROPN
fbem-27	17	58	,	,	PUNCT
fbem-27	17	59	s	s	PROPN
fbem-27	17	60	,	,	PUNCT
fbem-27	17	61	sst	sst	PROPN
fbem-27	17	62	,	,	PUNCT
fbem-27	17	63	s*st	s*st	PROPN
fbem-27	17	64	.	.	PUNCT
fbem-27	18	1	st	st	AUX
fbem-27	18	2	——	——	PROPN
fbem-27	18	3	the	the	DET
fbem-27	18	4	company	company	NOUN
fbem-27	18	5	has	have	AUX
fbem-27	18	6	been	be	AUX
fbem-27	18	7	operating	operate	VERB
fbem-27	18	8	at	at	ADP
fbem-27	18	9	a	a	DET
fbem-27	18	10	loss	loss	NOUN
fbem-27	18	11	for	for	ADP
fbem-27	18	12	2	2	NUM
fbem-27	18	13	consecutive	consecutive	ADJ
fbem-27	18	14	years	year	NOUN
fbem-27	18	15	,	,	PUNCT
fbem-27	18	16	with	with	ADP
fbem-27	18	17	special	special	ADJ
fbem-27	18	18	treatment	treatment	NOUN
fbem-27	18	19	;	;	PUNCT
fbem-27	18	20	*	*	PUNCT
fbem-27	18	21	st	st	AUX
fbem-27	18	22	——	——	ADJ
fbem-27	18	23	the	the	DET
fbem-27	18	24	company	company	NOUN
fbem-27	18	25	has	have	AUX
fbem-27	18	26	been	be	AUX
fbem-27	18	27	operating	operate	VERB
fbem-27	18	28	at	at	ADP
fbem-27	18	29	a	a	DET
fbem-27	18	30	loss	loss	NOUN
fbem-27	18	31	for	for	ADP
fbem-27	18	32	3	3	NUM
fbem-27	18	33	consecutive	consecutive	ADJ
fbem-27	18	34	years	year	NOUN
fbem-27	18	35	,	,	PUNCT
fbem-27	18	36	with	with	ADP
fbem-27	18	37	delisting	delist	VERB
fbem-27	18	38	warning	warning	NOUN
fbem-27	18	39	;	;	PUNCT
fbem-27	18	40	s	s	X
fbem-27	18	41	——	——	ADJ
fbem-27	18	42	unfinished	unfinished	ADJ
fbem-27	18	43	share	share	NOUN
fbem-27	18	44	reform	reform	NOUN
fbem-27	18	45	;	;	PUNCT
fbem-27	18	46	sst	sst	PROPN
fbem-27	18	47	——	——	PUNCT
fbem-27	18	48	the	the	DET
fbem-27	18	49	company	company	NOUN
fbem-27	18	50	has	have	AUX
fbem-27	18	51	been	be	AUX
fbem-27	18	52	operating	operate	VERB
fbem-27	18	53	at	at	ADP
fbem-27	18	54	a	a	DET
fbem-27	18	55	loss	loss	NOUN
fbem-27	18	56	for	for	ADP
fbem-27	18	57	2	2	NUM
fbem-27	18	58	consecutive	consecutive	ADJ
fbem-27	18	59	years	year	NOUN
fbem-27	18	60	,	,	PUNCT
fbem-27	18	61	special	special	ADJ
fbem-27	18	62	treatment	treatment	NOUN
fbem-27	18	63	+	+	CCONJ
fbem-27	18	64	unfinished	unfinished	ADJ
fbem-27	18	65	share	share	NOUN
fbem-27	18	66	reform	reform	NOUN
fbem-27	18	67	;	;	PUNCT
fbem-27	18	68	s*st	s*st	PROPN
fbem-27	18	69	——	——	PUNCT
fbem-27	18	70	the	the	DET
fbem-27	18	71	company	company	NOUN
fbem-27	18	72	has	have	AUX
fbem-27	18	73	been	be	AUX
fbem-27	18	74	operating	operate	VERB
fbem-27	18	75	at	at	ADP
fbem-27	18	76	a	a	DET
fbem-27	18	77	loss	loss	NOUN
fbem-27	18	78	for	for	ADP
fbem-27	18	79	3	3	NUM
fbem-27	18	80	consecutive	consecutive	ADJ
fbem-27	18	81	years	year	NOUN
fbem-27	18	82	,	,	PUNCT
fbem-27	18	83	with	with	ADP
fbem-27	18	84	delisting	delist	VERB
fbem-27	18	85	warning	warning	NOUN
fbem-27	18	86	+	+	CCONJ
fbem-27	18	87	unfinished	unfinished	ADJ
fbem-27	18	88	share	share	NOUN
fbem-27	18	89	reform	reform	NOUN
fbem-27	18	90	)	)	PUNCT
fbem-27	18	91	"	"	PUNCT
fbem-27	18	92	in	in	ADP
fbem-27	18	93	front	front	NOUN
fbem-27	18	94	of	of	ADP
fbem-27	18	95	their	their	PRON
fbem-27	18	96	stock	stock	NOUN
fbem-27	18	97	names	name	NOUN
fbem-27	18	98	.	.	PUNCT
fbem-27	19	1	the	the	DET
fbem-27	19	2	emergence	emergence	NOUN
fbem-27	19	3	of	of	ADP
fbem-27	19	4	the	the	DET
fbem-27	19	5	st	st	PROPN
fbem-27	19	6	system	system	NOUN
fbem-27	19	7	makes	make	VERB
fbem-27	19	8	st	st	PROPN
fbem-27	19	9	companies	company	NOUN
fbem-27	19	10	become	become	VERB
fbem-27	19	11	a	a	DET
fbem-27	19	12	special	special	ADJ
fbem-27	19	13	group	group	NOUN
fbem-27	19	14	that	that	PRON
fbem-27	19	15	has	have	AUX
fbem-27	19	16	attracted	attract	VERB
fbem-27	19	17	much	much	ADJ
fbem-27	19	18	attention	attention	NOUN
fbem-27	19	19	in	in	ADP
fbem-27	19	20	china	china	PROPN
fbem-27	19	21	's	's	PART
fbem-27	19	22	capital	capital	NOUN
fbem-27	19	23	market	market	NOUN
fbem-27	19	24	.	.	PUNCT
fbem-27	20	1	on	on	ADP
fbem-27	20	2	the	the	DET
fbem-27	20	3	one	one	NUM
fbem-27	20	4	hand	hand	NOUN
fbem-27	20	5	,	,	PUNCT
fbem-27	20	6	although	although	SCONJ
fbem-27	20	7	these	these	DET
fbem-27	20	8	companies	company	NOUN
fbem-27	20	9	have	have	AUX
fbem-27	20	10	obtained	obtain	VERB
fbem-27	20	11	poor	poor	ADJ
fbem-27	20	12	results	result	NOUN
fbem-27	20	13	in	in	ADP
fbem-27	20	14	the	the	DET
fbem-27	20	15	annual	annual	ADJ
fbem-27	20	16	"	"	PUNCT
fbem-27	20	17	final	final	ADJ
fbem-27	20	18	exams	exam	NOUN
fbem-27	20	19	"	"	PUNCT
fbem-27	20	20	of	of	ADP
fbem-27	20	21	the	the	DET
fbem-27	20	22	exchange	exchange	NOUN
fbem-27	20	23	,	,	PUNCT
fbem-27	20	24	because	because	SCONJ
fbem-27	20	25	of	of	ADP
fbem-27	20	26	the	the	DET
fbem-27	20	27	expectation	expectation	NOUN
fbem-27	20	28	of	of	ADP
fbem-27	20	29	mergers	merger	NOUN
fbem-27	20	30	and	and	CCONJ
fbem-27	20	31	acquisitions	acquisition	NOUN
fbem-27	20	32	and	and	CCONJ
fbem-27	20	33	backdoor	backdoor	NOUN
fbem-27	20	34	listings	listing	NOUN
fbem-27	20	35	,	,	PUNCT
fbem-27	20	36	the	the	DET
fbem-27	20	37	stocks	stock	NOUN
fbem-27	20	38	of	of	ADP
fbem-27	20	39	some	some	DET
fbem-27	20	40	st	st	PROPN
fbem-27	20	41	companies	company	NOUN
fbem-27	20	42	still	still	ADV
fbem-27	20	43	have	have	VERB
fbem-27	20	44	high	high	ADJ
fbem-27	20	45	investment	investment	NOUN
fbem-27	20	46	value	value	NOUN
fbem-27	20	47	.	.	PUNCT
fbem-27	21	1	it	it	PRON
fbem-27	21	2	is	be	AUX
fbem-27	21	3	also	also	ADV
fbem-27	21	4	the	the	DET
fbem-27	21	5	so	so	ADV
fbem-27	21	6	-	-	PUNCT
fbem-27	21	7	called	call	VERB
fbem-27	21	8	high	high	ADJ
fbem-27	21	9	-	-	PUNCT
fbem-27	21	10	risk	risk	NOUN
fbem-27	21	11	and	and	CCONJ
fbem-27	21	12	high	high	ADJ
fbem-27	21	13	-	-	PUNCT
fbem-27	21	14	return	return	NOUN
fbem-27	21	15	;	;	PUNCT
fbem-27	21	16	on	on	ADP
fbem-27	21	17	the	the	DET
fbem-27	21	18	other	other	ADJ
fbem-27	21	19	hand	hand	NOUN
fbem-27	21	20	,	,	PUNCT
fbem-27	21	21	for	for	ADP
fbem-27	21	22	scholars	scholar	NOUN
fbem-27	21	23	who	who	PRON
fbem-27	21	24	study	study	VERB
fbem-27	21	25	the	the	DET
fbem-27	21	26	lifespan	lifespan	NOUN
fbem-27	21	27	of	of	ADP
fbem-27	21	28	enterprises	enterprise	NOUN
fbem-27	21	29	in	in	ADP
fbem-27	21	30	the	the	DET
fbem-27	21	31	capital	capital	NOUN
fbem-27	21	32	market	market	NOUN
fbem-27	21	33	,	,	PUNCT
fbem-27	21	34	the	the	DET
fbem-27	21	35	survival	survival	NOUN
fbem-27	21	36	of	of	ADP
fbem-27	21	37	st	st	PROPN
fbem-27	21	38	enterprises	enterprise	NOUN
fbem-27	21	39	is	be	AUX
fbem-27	21	40	a	a	DET
fbem-27	21	41	question	question	NOUN
fbem-27	21	42	worth	worth	ADJ
fbem-27	21	43	exploring	explore	VERB
fbem-27	21	44	.	.	PUNCT
fbem-27	22	1	therefore	therefore	ADV
fbem-27	22	2	,	,	PUNCT
fbem-27	22	3	this	this	DET
fbem-27	22	4	paper	paper	NOUN
fbem-27	22	5	uses	use	VERB
fbem-27	22	6	the	the	DET
fbem-27	22	7	real	real	ADJ
fbem-27	22	8	data	datum	NOUN
fbem-27	22	9	of	of	ADP
fbem-27	22	10	a	a	DET
fbem-27	22	11	-	-	PUNCT
fbem-27	22	12	share	share	NOUN
fbem-27	22	13	listed	list	VERB
fbem-27	22	14	companies	company	NOUN
fbem-27	22	15	to	to	PART
fbem-27	22	16	conduct	conduct	VERB
fbem-27	22	17	empirical	empirical	ADJ
fbem-27	22	18	research	research	NOUN
fbem-27	22	19	,	,	PUNCT
fbem-27	22	20	and	and	CCONJ
fbem-27	22	21	uses	use	VERB
fbem-27	22	22	the	the	DET
fbem-27	22	23	life	life	NOUN
fbem-27	22	24	table	table	NOUN
fbem-27	22	25	method	method	NOUN
fbem-27	22	26	to	to	PART
fbem-27	22	27	study	study	VERB
fbem-27	22	28	the	the	DET
fbem-27	22	29	time	time	NOUN
fbem-27	22	30	rules	rule	NOUN
fbem-27	22	31	of	of	ADP
fbem-27	22	32	the	the	DET
fbem-27	22	33	decaps	decap	NOUN
fbem-27	22	34	and	and	CCONJ
fbem-27	22	35	delisting	delisting	NOUN
fbem-27	22	36	of	of	ADP
fbem-27	22	37	st	st	PROPN
fbem-27	22	38	companies	company	NOUN
fbem-27	22	39	in	in	ADP
fbem-27	22	40	china	china	PROPN
fbem-27	22	41	's	's	PART
fbem-27	22	42	listed	list	VERB
fbem-27	22	43	companies	company	NOUN
fbem-27	22	44	.	.	PUNCT
fbem-27	23	1	2	2	X
fbem-27	23	2	.	.	X
fbem-27	23	3	literature	literature	PROPN
fbem-27	23	4	review	review	VERB
fbem-27	23	5	the	the	DET
fbem-27	23	6	st	st	PROPN
fbem-27	23	7	system	system	NOUN
fbem-27	23	8	is	be	AUX
fbem-27	23	9	a	a	DET
fbem-27	23	10	unique	unique	ADJ
fbem-27	23	11	system	system	NOUN
fbem-27	23	12	in	in	ADP
fbem-27	23	13	china	china	PROPN
fbem-27	23	14	,	,	PUNCT
fbem-27	23	15	and	and	CCONJ
fbem-27	23	16	domestic	domestic	ADJ
fbem-27	23	17	scholars	scholar	NOUN
fbem-27	23	18	have	have	AUX
fbem-27	23	19	conducted	conduct	VERB
fbem-27	23	20	a	a	DET
fbem-27	23	21	lot	lot	NOUN
fbem-27	23	22	of	of	ADP
fbem-27	23	23	research	research	NOUN
fbem-27	23	24	on	on	ADP
fbem-27	23	25	china	china	PROPN
fbem-27	23	26	's	's	PART
fbem-27	23	27	st	st	PROPN
fbem-27	23	28	system	system	NOUN
fbem-27	23	29	.	.	PUNCT
fbem-27	24	1	chen	chen	PROPN
fbem-27	24	2	jing	jing	PROPN
fbem-27	24	3	(	(	PUNCT
fbem-27	24	4	1999	1999	NUM
fbem-27	24	5	)	)	PUNCT
fbem-27	24	6	selected	select	VERB
fbem-27	24	7	the	the	DET
fbem-27	24	8	financial	financial	ADJ
fbem-27	24	9	data	datum	NOUN
fbem-27	24	10	of	of	ADP
fbem-27	24	11	27	27	NUM
fbem-27	24	12	companies	company	NOUN
fbem-27	24	13	on	on	ADP
fbem-27	24	14	the	the	DET
fbem-27	24	15	shanghai	shanghai	PROPN
fbem-27	24	16	and	and	CCONJ
fbem-27	24	17	shenzhen	shenzhen	PROPN
fbem-27	24	18	stock	stock	PROPN
fbem-27	24	19	exchanges	exchange	NOUN
fbem-27	24	20	from	from	ADP
fbem-27	24	21	1995	1995	NUM
fbem-27	24	22	to	to	ADP
fbem-27	24	23	1997	1997	NUM
fbem-27	24	24	and	and	CCONJ
fbem-27	24	25	the	the	DET
fbem-27	24	26	corresponding	correspond	VERB
fbem-27	24	27	27	27	NUM
fbem-27	24	28	non	non	ADJ
fbem-27	24	29	-	-	ADJ
fbem-27	24	30	st	st	ADJ
fbem-27	24	31	companies	company	NOUN
fbem-27	24	32	as	as	ADP
fbem-27	24	33	research	research	NOUN
fbem-27	24	34	samples	sample	NOUN
fbem-27	24	35	to	to	PART
fbem-27	24	36	compare	compare	VERB
fbem-27	24	37	the	the	DET
fbem-27	24	38	financial	financial	ADJ
fbem-27	24	39	ratio	ratio	NOUN
fbem-27	24	40	differences	difference	NOUN
fbem-27	24	41	between	between	ADP
fbem-27	24	42	st	st	PROPN
fbem-27	24	43	and	and	CCONJ
fbem-27	24	44	non	non	ADJ
fbem-27	24	45	-	-	ADJ
fbem-27	24	46	st	st	ADJ
fbem-27	24	47	companies	company	NOUN
fbem-27	24	48	and	and	CCONJ
fbem-27	24	49	predict	predict	VERB
fbem-27	24	50	the	the	DET
fbem-27	24	51	financial	financial	ADJ
fbem-27	24	52	status	status	NOUN
fbem-27	24	53	of	of	ADP
fbem-27	24	54	the	the	DET
fbem-27	24	55	company	company	NOUN
fbem-27	24	56	is	be	AUX
fbem-27	24	57	used	use	VERB
fbem-27	24	58	to	to	PART
fbem-27	24	59	determine	determine	VERB
fbem-27	24	60	whether	whether	SCONJ
fbem-27	24	61	the	the	DET
fbem-27	24	62	company	company	NOUN
fbem-27	24	63	will	will	AUX
fbem-27	24	64	be	be	AUX
fbem-27	24	65	subject	subject	ADJ
fbem-27	24	66	to	to	ADP
fbem-27	24	67	st	st	PROPN
fbem-27	24	68	.	.	PROPN
fbem-27	24	69	zhang	zhang	PROPN
fbem-27	24	70	aimin	aimin	PROPN
fbem-27	24	71	and	and	CCONJ
fbem-27	24	72	zhu	zhu	PROPN
fbem-27	24	73	chunshan	chunshan	PROPN
fbem-27	24	74	(	(	PUNCT
fbem-27	24	75	2001	2001	NUM
fbem-27	24	76	)	)	PUNCT
fbem-27	24	77	selected	select	VERB
fbem-27	24	78	40	40	NUM
fbem-27	24	79	st	st	NOUN
fbem-27	24	80	companies	company	NOUN
fbem-27	24	81	and	and	CCONJ
fbem-27	24	82	40	40	NUM
fbem-27	24	83	nonst	nonst	ADJ
fbem-27	24	84	companies	company	NOUN
fbem-27	24	85	corresponding	correspond	VERB
fbem-27	24	86	to	to	ADP
fbem-27	24	87	80	80	NUM
fbem-27	24	88	companies	company	NOUN
fbem-27	24	89	as	as	ADP
fbem-27	24	90	research	research	NOUN
fbem-27	24	91	samples	sample	NOUN
fbem-27	24	92	to	to	PART
fbem-27	24	93	conduct	conduct	VERB
fbem-27	24	94	an	an	DET
fbem-27	24	95	empirical	empirical	ADJ
fbem-27	24	96	test	test	NOUN
fbem-27	24	97	on	on	ADP
fbem-27	24	98	the	the	DET
fbem-27	24	99	principal	principal	ADJ
fbem-27	24	100	component	component	NOUN
fbem-27	24	101	prediction	prediction	NOUN
fbem-27	24	102	model	model	NOUN
fbem-27	24	103	of	of	ADP
fbem-27	24	104	listed	list	VERB
fbem-27	24	105	companies	company	NOUN
fbem-27	24	106	'	'	PART
fbem-27	24	107	financial	financial	ADJ
fbem-27	24	108	failures	failure	NOUN
fbem-27	24	109	.	.	PUNCT
fbem-27	25	1	zhang	zhang	PROPN
fbem-27	25	2	zhiwang	zhiwang	PROPN
fbem-27	25	3	(	(	PUNCT
fbem-27	25	4	2004	2004	NUM
fbem-27	25	5	)	)	PUNCT
fbem-27	25	6	used	use	VERB
fbem-27	25	7	univariate	univariate	ADJ
fbem-27	25	8	and	and	CCONJ
fbem-27	25	9	multivariate	multivariate	VERB
fbem-27	25	10	logistic	logistic	ADJ
fbem-27	25	11	analysis	analysis	NOUN
fbem-27	25	12	to	to	PART
fbem-27	25	13	study	study	VERB
fbem-27	25	14	60	60	NUM
fbem-27	25	15	st	st	NOUN
fbem-27	25	16	companies	company	NOUN
fbem-27	25	17	and	and	CCONJ
fbem-27	25	18	2	2	NUM
fbem-27	25	19	120	120	NUM
fbem-27	25	20	non	non	ADJ
fbem-27	25	21	-	-	ADJ
fbem-27	25	22	st	st	ADJ
fbem-27	25	23	companies	company	NOUN
fbem-27	25	24	from	from	ADP
fbem-27	25	25	2003	2003	NUM
fbem-27	25	26	to	to	ADP
fbem-27	25	27	2004	2004	NUM
fbem-27	25	28	,	,	PUNCT
fbem-27	25	29	and	and	CCONJ
fbem-27	25	30	found	find	VERB
fbem-27	25	31	that	that	SCONJ
fbem-27	25	32	whether	whether	SCONJ
fbem-27	25	33	it	it	PRON
fbem-27	25	34	was	be	AUX
fbem-27	25	35	in	in	ADP
fbem-27	25	36	the	the	DET
fbem-27	25	37	first	first	ADJ
fbem-27	25	38	year	year	NOUN
fbem-27	25	39	or	or	CCONJ
fbem-27	25	40	two	two	NUM
fbem-27	25	41	years	year	NOUN
fbem-27	25	42	before	before	ADP
fbem-27	25	43	the	the	DET
fbem-27	25	44	implementation	implementation	NOUN
fbem-27	25	45	of	of	ADP
fbem-27	25	46	st	st	PROPN
fbem-27	25	47	,	,	PUNCT
fbem-27	25	48	the	the	DET
fbem-27	25	49	cash	cash	NOUN
fbem-27	25	50	flow	flow	NOUN
fbem-27	25	51	the	the	DET
fbem-27	25	52	variables	variable	NOUN
fbem-27	25	53	in	in	ADP
fbem-27	25	54	this	this	DET
fbem-27	25	55	category	category	NOUN
fbem-27	25	56	all	all	PRON
fbem-27	25	57	have	have	VERB
fbem-27	25	58	significant	significant	ADJ
fbem-27	25	59	incremental	incremental	ADJ
fbem-27	25	60	information	information	NOUN
fbem-27	25	61	content	content	NOUN
fbem-27	25	62	,	,	PUNCT
fbem-27	25	63	and	and	CCONJ
fbem-27	25	64	their	their	PRON
fbem-27	25	65	efficiency	efficiency	NOUN
fbem-27	25	66	in	in	ADP
fbem-27	25	67	predicting	predict	VERB
fbem-27	25	68	financial	financial	ADJ
fbem-27	25	69	distress	distress	NOUN
fbem-27	25	70	is	be	AUX
fbem-27	25	71	better	well	ADJ
fbem-27	25	72	than	than	ADP
fbem-27	25	73	other	other	ADJ
fbem-27	25	74	financial	financial	ADJ
fbem-27	25	75	indicators	indicator	NOUN
fbem-27	25	76	.	.	PUNCT
fbem-27	26	1	the	the	DET
fbem-27	26	2	limitation	limitation	NOUN
fbem-27	26	3	of	of	ADP
fbem-27	26	4	these	these	DET
fbem-27	26	5	previous	previous	ADJ
fbem-27	26	6	studies	study	NOUN
fbem-27	26	7	is	be	AUX
fbem-27	26	8	that	that	SCONJ
fbem-27	26	9	only	only	ADV
fbem-27	26	10	financial	financial	ADJ
fbem-27	26	11	indicators	indicator	NOUN
fbem-27	26	12	are	be	AUX
fbem-27	26	13	used	use	VERB
fbem-27	26	14	to	to	PART
fbem-27	26	15	predict	predict	VERB
fbem-27	26	16	the	the	DET
fbem-27	26	17	financial	financial	ADJ
fbem-27	26	18	distress	distress	NOUN
fbem-27	26	19	of	of	ADP
fbem-27	26	20	st	st	PROPN
fbem-27	26	21	companies	company	NOUN
fbem-27	26	22	,	,	PUNCT
fbem-27	26	23	it	it	PRON
fbem-27	26	24	is	be	AUX
fbem-27	26	25	difficult	difficult	ADJ
fbem-27	26	26	to	to	PART
fbem-27	26	27	give	give	VERB
fbem-27	26	28	in	in	ADP
fbem-27	26	29	-	-	PUNCT
fbem-27	26	30	depth	depth	NOUN
fbem-27	26	31	explanations	explanation	NOUN
fbem-27	26	32	,	,	PUNCT
fbem-27	26	33	and	and	CCONJ
fbem-27	26	34	the	the	DET
fbem-27	26	35	impact	impact	NOUN
fbem-27	26	36	of	of	ADP
fbem-27	26	37	non	non	ADJ
fbem-27	26	38	-	-	ADJ
fbem-27	26	39	financial	financial	ADJ
fbem-27	26	40	indicators	indicator	NOUN
fbem-27	26	41	is	be	AUX
fbem-27	26	42	ignored	ignore	VERB
fbem-27	26	43	.	.	PUNCT
fbem-27	27	1	therefore	therefore	ADV
fbem-27	27	2	,	,	PUNCT
fbem-27	27	3	some	some	DET
fbem-27	27	4	scholars	scholar	NOUN
fbem-27	27	5	have	have	AUX
fbem-27	27	6	also	also	ADV
fbem-27	27	7	included	include	VERB
fbem-27	27	8	non	non	ADJ
fbem-27	27	9	-	-	ADJ
fbem-27	27	10	financial	financial	ADJ
fbem-27	27	11	indicators	indicator	NOUN
fbem-27	27	12	into	into	ADP
fbem-27	27	13	influencing	influence	VERB
fbem-27	27	14	factors	factor	NOUN
fbem-27	27	15	to	to	PART
fbem-27	27	16	study	study	VERB
fbem-27	27	17	st	st	PROPN
fbem-27	27	18	companies	company	NOUN
fbem-27	27	19	on	on	ADP
fbem-27	27	20	this	this	DET
fbem-27	27	21	basis	basis	NOUN
fbem-27	27	22	.	.	PUNCT
fbem-27	28	1	wang	wang	PROPN
fbem-27	28	2	kemin	kemin	PROPN
fbem-27	28	3	and	and	CCONJ
fbem-27	28	4	ji	ji	PROPN
fbem-27	28	5	meiguang	meiguang	PROPN
fbem-27	28	6	(	(	PUNCT
fbem-27	28	7	2006	2006	NUM
fbem-27	28	8	)	)	PUNCT
fbem-27	28	9	used	use	VERB
fbem-27	28	10	logistic	logistic	ADJ
fbem-27	28	11	regression	regression	NOUN
fbem-27	28	12	model	model	NOUN
fbem-27	28	13	to	to	PART
fbem-27	28	14	incorporate	incorporate	VERB
fbem-27	28	15	financial	financial	ADJ
fbem-27	28	16	and	and	CCONJ
fbem-27	28	17	non	non	ADJ
fbem-27	28	18	-	-	ADJ
fbem-27	28	19	financial	financial	ADJ
fbem-27	28	20	indicators	indicator	NOUN
fbem-27	28	21	into	into	ADP
fbem-27	28	22	influencing	influence	VERB
fbem-27	28	23	factors	factor	NOUN
fbem-27	28	24	at	at	ADP
fbem-27	28	25	the	the	DET
fbem-27	28	26	same	same	ADJ
fbem-27	28	27	time	time	NOUN
fbem-27	28	28	,	,	PUNCT
fbem-27	28	29	and	and	CCONJ
fbem-27	28	30	found	find	VERB
fbem-27	28	31	that	that	SCONJ
fbem-27	28	32	the	the	DET
fbem-27	28	33	predictive	predictive	ADJ
fbem-27	28	34	effect	effect	NOUN
fbem-27	28	35	of	of	ADP
fbem-27	28	36	a	a	DET
fbem-27	28	37	comprehensive	comprehensive	ADJ
fbem-27	28	38	financial	financial	ADJ
fbem-27	28	39	distress	distress	NOUN
fbem-27	28	40	early	early	ADV
fbem-27	28	41	-	-	PUNCT
fbem-27	28	42	warning	warning	NOUN
fbem-27	28	43	model	model	NOUN
fbem-27	28	44	was	be	AUX
fbem-27	28	45	better	well	ADJ
fbem-27	28	46	than	than	ADP
fbem-27	28	47	a	a	DET
fbem-27	28	48	single	single	ADJ
fbem-27	28	49	financial	financial	ADJ
fbem-27	28	50	indicator	indicator	NOUN
fbem-27	28	51	early	early	ADJ
fbem-27	28	52	-	-	PUNCT
fbem-27	28	53	warning	warning	NOUN
fbem-27	28	54	model	model	NOUN
fbem-27	28	55	or	or	CCONJ
fbem-27	28	56	a	a	DET
fbem-27	28	57	non	non	ADJ
fbem-27	28	58	-	-	ADJ
fbem-27	28	59	financial	financial	ADJ
fbem-27	28	60	indicator	indicator	NOUN
fbem-27	28	61	early	early	ADJ
fbem-27	28	62	-	-	PUNCT
fbem-27	28	63	warning	warning	NOUN
fbem-27	28	64	model	model	NOUN
fbem-27	28	65	.	.	PUNCT
fbem-27	29	1	luo	luo	PROPN
fbem-27	29	2	gongli	gongli	PROPN
fbem-27	29	3	and	and	CCONJ
fbem-27	29	4	wu	wu	PROPN
fbem-27	29	5	jingchao	jingchao	PROPN
fbem-27	29	6	(	(	PUNCT
fbem-27	29	7	2007	2007	NUM
fbem-27	29	8	)	)	PUNCT
fbem-27	29	9	used	use	VERB
fbem-27	29	10	discriminant	discriminant	ADJ
fbem-27	29	11	analysis	analysis	NOUN
fbem-27	29	12	to	to	PART
fbem-27	29	13	analyze	analyze	VERB
fbem-27	29	14	delisted	delisted	ADJ
fbem-27	29	15	companies	company	NOUN
fbem-27	29	16	and	and	CCONJ
fbem-27	29	17	non	non	ADJ
fbem-27	29	18	-	-	ADJ
fbem-27	29	19	delisted	delisted	ADJ
fbem-27	29	20	companies	company	NOUN
fbem-27	29	21	,	,	PUNCT
fbem-27	29	22	and	and	CCONJ
fbem-27	29	23	found	find	VERB
fbem-27	29	24	that	that	SCONJ
fbem-27	29	25	asset	asset	NOUN
fbem-27	29	26	-	-	PUNCT
fbem-27	29	27	liability	liability	NOUN
fbem-27	29	28	ratio	ratio	NOUN
fbem-27	29	29	,	,	PUNCT
fbem-27	29	30	account	account	NOUN
fbem-27	29	31	receivable	receivable	ADJ
fbem-27	29	32	turnover	turnover	NOUN
fbem-27	29	33	rate	rate	NOUN
fbem-27	29	34	,	,	PUNCT
fbem-27	29	35	asset	asset	NOUN
fbem-27	29	36	turnover	turnover	NOUN
fbem-27	29	37	rate	rate	NOUN
fbem-27	29	38	,	,	PUNCT
fbem-27	29	39	etc	etc	X
fbem-27	29	40	.	.	X
fbem-27	29	41	are	be	AUX
fbem-27	29	42	the	the	DET
fbem-27	29	43	main	main	ADJ
fbem-27	29	44	factors	factor	NOUN
fbem-27	29	45	that	that	PRON
fbem-27	29	46	affect	affect	VERB
fbem-27	29	47	whether	whether	SCONJ
fbem-27	29	48	st	st	PROPN
fbem-27	29	49	companies	company	NOUN
fbem-27	29	50	are	be	AUX
fbem-27	29	51	delisted	delist	VERB
fbem-27	29	52	.	.	PUNCT
fbem-27	30	1	some	some	DET
fbem-27	30	2	scholars	scholar	NOUN
fbem-27	30	3	not	not	PART
fbem-27	30	4	only	only	ADV
fbem-27	30	5	pay	pay	VERB
fbem-27	30	6	attention	attention	NOUN
fbem-27	30	7	to	to	ADP
fbem-27	30	8	the	the	DET
fbem-27	30	9	financial	financial	ADJ
fbem-27	30	10	status	status	NOUN
fbem-27	30	11	of	of	ADP
fbem-27	30	12	st	st	PROPN
fbem-27	30	13	companies	company	NOUN
fbem-27	30	14	,	,	PUNCT
fbem-27	30	15	but	but	CCONJ
fbem-27	30	16	also	also	ADV
fbem-27	30	17	conduct	conduct	VERB
fbem-27	30	18	empirical	empirical	ADJ
fbem-27	30	19	research	research	NOUN
fbem-27	30	20	in	in	ADP
fbem-27	30	21	conjunction	conjunction	NOUN
fbem-27	30	22	with	with	ADP
fbem-27	30	23	some	some	DET
fbem-27	30	24	problems	problem	NOUN
fbem-27	30	25	and	and	CCONJ
fbem-27	30	26	phenomena	phenomenon	NOUN
fbem-27	30	27	of	of	ADP
fbem-27	30	28	listed	list	VERB
fbem-27	30	29	companies	company	NOUN
fbem-27	30	30	.	.	PUNCT
fbem-27	31	1	pan	pan	PROPN
fbem-27	31	2	yue	yue	PROPN
fbem-27	31	3	and	and	CCONJ
fbem-27	31	4	dai	dai	PROPN
fbem-27	31	5	yi	yi	PROPN
fbem-27	31	6	(	(	PUNCT
fbem-27	31	7	2009	2009	NUM
fbem-27	31	8	)	)	PUNCT
fbem-27	31	9	used	use	VERB
fbem-27	31	10	st	st	PROPN
fbem-27	31	11	companies	company	NOUN
fbem-27	31	12	in	in	ADP
fbem-27	31	13	the	the	DET
fbem-27	31	14	shanghai	shanghai	PROPN
fbem-27	31	15	and	and	CCONJ
fbem-27	31	16	shenzhen	shenzhen	PROPN
fbem-27	31	17	stock	stock	PROPN
fbem-27	31	18	markets	market	NOUN
fbem-27	31	19	from	from	ADP
fbem-27	31	20	2002	2002	NUM
fbem-27	31	21	to	to	ADP
fbem-27	31	22	2007	2007	NUM
fbem-27	31	23	as	as	ADP
fbem-27	31	24	a	a	DET
fbem-27	31	25	sample	sample	NOUN
fbem-27	31	26	to	to	PART
fbem-27	31	27	study	study	VERB
fbem-27	31	28	the	the	DET
fbem-27	31	29	relationship	relationship	NOUN
fbem-27	31	30	between	between	ADP
fbem-27	31	31	corporate	corporate	ADJ
fbem-27	31	32	political	political	ADJ
fbem-27	31	33	affiliation	affiliation	NOUN
fbem-27	31	34	and	and	CCONJ
fbem-27	31	35	the	the	DET
fbem-27	31	36	company	company	NOUN
fbem-27	31	37	’s	’s	PART
fbem-27	31	38	government	government	NOUN
fbem-27	31	39	subsidies	subsidy	NOUN
fbem-27	31	40	,	,	PUNCT
fbem-27	31	41	and	and	CCONJ
fbem-27	31	42	found	find	VERB
fbem-27	31	43	that	that	SCONJ
fbem-27	31	44	the	the	DET
fbem-27	31	45	political	political	ADJ
fbem-27	31	46	affiliation	affiliation	NOUN
fbem-27	31	47	of	of	ADP
fbem-27	31	48	private	private	ADJ
fbem-27	31	49	companies	company	NOUN
fbem-27	31	50	is	be	AUX
fbem-27	31	51	effective	effective	ADJ
fbem-27	31	52	when	when	SCONJ
fbem-27	31	53	the	the	DET
fbem-27	31	54	company	company	NOUN
fbem-27	31	55	is	be	AUX
fbem-27	31	56	in	in	ADP
fbem-27	31	57	financial	financial	ADJ
fbem-27	31	58	distress	distress	NOUN
fbem-27	31	59	.	.	PUNCT
fbem-27	32	1	obtaining	obtain	VERB
fbem-27	32	2	government	government	NOUN
fbem-27	32	3	subsidies	subsidy	NOUN
fbem-27	32	4	has	have	VERB
fbem-27	32	5	a	a	DET
fbem-27	32	6	significant	significant	ADJ
fbem-27	32	7	impact	impact	NOUN
fbem-27	32	8	,	,	PUNCT
fbem-27	32	9	but	but	CCONJ
fbem-27	32	10	it	it	PRON
fbem-27	32	11	does	do	AUX
fbem-27	32	12	not	not	PART
fbem-27	32	13	have	have	VERB
fbem-27	32	14	a	a	DET
fbem-27	32	15	significant	significant	ADJ
fbem-27	32	16	effect	effect	NOUN
fbem-27	32	17	on	on	ADP
fbem-27	32	18	state	state	NOUN
fbem-27	32	19	-	-	PUNCT
fbem-27	32	20	owned	own	VERB
fbem-27	32	21	enterprises	enterprise	NOUN
fbem-27	32	22	.	.	PUNCT
fbem-27	33	1	the	the	DET
fbem-27	33	2	political	political	ADJ
fbem-27	33	3	connection	connection	NOUN
fbem-27	33	4	advantage	advantage	NOUN
fbem-27	33	5	of	of	ADP
fbem-27	33	6	private	private	ADJ
fbem-27	33	7	enterprises	enterprise	NOUN
fbem-27	33	8	is	be	AUX
fbem-27	33	9	affected	affect	VERB
fbem-27	33	10	by	by	ADP
fbem-27	33	11	the	the	DET
fbem-27	33	12	degree	degree	NOUN
fbem-27	33	13	of	of	ADP
fbem-27	33	14	financial	financial	ADJ
fbem-27	33	15	surplus	surplus	NOUN
fbem-27	33	16	in	in	ADP
fbem-27	33	17	the	the	DET
fbem-27	33	18	region	region	NOUN
fbem-27	33	19	.	.	PUNCT
fbem-27	34	1	the	the	DET
fbem-27	34	2	government	government	NOUN
fbem-27	34	3	subsidies	subsidy	NOUN
fbem-27	34	4	received	receive	VERB
fbem-27	34	5	by	by	ADP
fbem-27	34	6	private	private	ADJ
fbem-27	34	7	enterprises	enterprise	NOUN
fbem-27	34	8	with	with	ADP
fbem-27	34	9	weaker	weak	ADJ
fbem-27	34	10	political	political	ADJ
fbem-27	34	11	connections	connection	NOUN
fbem-27	34	12	have	have	VERB
fbem-27	34	13	a	a	DET
fbem-27	34	14	significant	significant	ADJ
fbem-27	34	15	effect	effect	NOUN
fbem-27	34	16	on	on	ADP
fbem-27	34	17	the	the	DET
fbem-27	34	18	improvement	improvement	NOUN
fbem-27	34	19	of	of	ADP
fbem-27	34	20	the	the	DET
fbem-27	34	21	company	company	NOUN
fbem-27	34	22	’s	’s	PART
fbem-27	34	23	long	long	ADJ
fbem-27	34	24	-	-	PUNCT
fbem-27	34	25	term	term	NOUN
fbem-27	34	26	performance	performance	NOUN
fbem-27	34	27	.	.	PUNCT
fbem-27	35	1	but	but	CCONJ
fbem-27	35	2	the	the	DET
fbem-27	35	3	effect	effect	NOUN
fbem-27	35	4	on	on	ADP
fbem-27	35	5	state	state	NOUN
fbem-27	35	6	-	-	PUNCT
fbem-27	35	7	owned	own	VERB
fbem-27	35	8	enterprises	enterprise	NOUN
fbem-27	35	9	is	be	AUX
fbem-27	35	10	not	not	PART
fbem-27	35	11	significant	significant	ADJ
fbem-27	35	12	.	.	PUNCT
fbem-27	36	1	cai	cai	PROPN
fbem-27	36	2	chun	chun	PROPN
fbem-27	36	3	et	et	PROPN
fbem-27	36	4	al	al	PROPN
fbem-27	36	5	.	.	PROPN
fbem-27	36	6	(	(	PUNCT
fbem-27	36	7	2012	2012	NUM
fbem-27	36	8	)	)	PUNCT
fbem-27	36	9	studied	study	VERB
fbem-27	36	10	the	the	DET
fbem-27	36	11	impact	impact	NOUN
fbem-27	36	12	of	of	ADP
fbem-27	36	13	different	different	ADJ
fbem-27	36	14	earnings	earning	NOUN
fbem-27	36	15	management	management	NOUN
fbem-27	36	16	methods	method	NOUN
fbem-27	36	17	on	on	ADP
fbem-27	36	18	the	the	DET
fbem-27	36	19	improvement	improvement	NOUN
fbem-27	36	20	of	of	ADP
fbem-27	36	21	dying	die	VERB
fbem-27	36	22	companies	company	NOUN
fbem-27	36	23	,	,	PUNCT
fbem-27	36	24	namely	namely	ADV
fbem-27	36	25	st	st	PROPN
fbem-27	36	26	companies	company	NOUN
fbem-27	36	27	,	,	PUNCT
fbem-27	36	28	and	and	CCONJ
fbem-27	36	29	the	the	DET
fbem-27	36	30	results	result	NOUN
fbem-27	36	31	showed	show	VERB
fbem-27	36	32	that	that	SCONJ
fbem-27	36	33	the	the	PRON
fbem-27	36	34	higher	high	ADJ
fbem-27	36	35	the	the	DET
fbem-27	36	36	degree	degree	NOUN
fbem-27	36	37	of	of	ADP
fbem-27	36	38	invisibility	invisibility	NOUN
fbem-27	36	39	of	of	ADP
fbem-27	36	40	earnings	earning	NOUN
fbem-27	36	41	management	management	NOUN
fbem-27	36	42	behavior	behavior	NOUN
fbem-27	36	43	,	,	PUNCT
fbem-27	36	44	the	the	PRON
fbem-27	36	45	better	well	ADJ
fbem-27	36	46	it	it	PRON
fbem-27	36	47	is	be	AUX
fbem-27	36	48	to	to	PART
fbem-27	36	49	improve	improve	VERB
fbem-27	36	50	their	their	PRON
fbem-27	36	51	status	status	NOUN
fbem-27	36	52	.	.	PUNCT
fbem-27	37	1	shao	shao	PROPN
fbem-27	37	2	xinjian	xinjian	PROPN
fbem-27	37	3	and	and	CCONJ
fbem-27	37	4	jia	jia	PROPN
fbem-27	37	5	zhongzheng	zhongzheng	PROPN
fbem-27	37	6	(	(	PUNCT
fbem-27	37	7	2014	2014	NUM
fbem-27	37	8	)	)	PUNCT
fbem-27	37	9	screened	screen	VERB
fbem-27	37	10	out	out	ADP
fbem-27	37	11	56	56	NUM
fbem-27	37	12	backdoor	backdoor	NOUN
fbem-27	37	13	st	st	PROPN
fbem-27	37	14	listing	list	VERB
fbem-27	37	15	samples	sample	NOUN
fbem-27	37	16	,	,	PUNCT
fbem-27	37	17	studied	study	VERB
fbem-27	37	18	the	the	DET
fbem-27	37	19	existence	existence	NOUN
fbem-27	37	20	and	and	CCONJ
fbem-27	37	21	mechanism	mechanism	NOUN
fbem-27	37	22	of	of	ADP
fbem-27	37	23	insider	insider	NOUN
fbem-27	37	24	trading	trading	NOUN
fbem-27	37	25	during	during	ADP
fbem-27	37	26	the	the	DET
fbem-27	37	27	backdoor	backdoor	NOUN
fbem-27	37	28	listing	listing	NOUN
fbem-27	37	29	process	process	NOUN
fbem-27	37	30	,	,	PUNCT
fbem-27	37	31	and	and	CCONJ
fbem-27	37	32	found	find	VERB
fbem-27	37	33	that	that	SCONJ
fbem-27	37	34	the	the	DET
fbem-27	37	35	st	st	PROPN
fbem-27	37	36	stock	stock	NOUN
fbem-27	37	37	price	price	NOUN
fbem-27	37	38	and	and	CCONJ
fbem-27	37	39	trading	trading	NOUN
fbem-27	37	40	volume	volume	NOUN
fbem-27	37	41	were	be	AUX
fbem-27	37	42	both	both	PRON
fbem-27	37	43	before	before	ADP
fbem-27	37	44	the	the	DET
fbem-27	37	45	official	official	ADJ
fbem-27	37	46	disclosure	disclosure	NOUN
fbem-27	37	47	of	of	ADP
fbem-27	37	48	control	control	NOUN
fbem-27	37	49	transfer	transfer	NOUN
fbem-27	37	50	information	information	NOUN
fbem-27	37	51	.	.	PUNCT
fbem-27	38	1	there	there	PRON
fbem-27	38	2	was	be	VERB
fbem-27	38	3	a	a	DET
fbem-27	38	4	positive	positive	ADJ
fbem-27	38	5	change	change	NOUN
fbem-27	38	6	,	,	PUNCT
fbem-27	38	7	and	and	CCONJ
fbem-27	38	8	in	in	ADP
fbem-27	38	9	the	the	DET
fbem-27	38	10	last	last	ADJ
fbem-27	38	11	trading	trading	NOUN
fbem-27	38	12	quarter	quarter	NOUN
fbem-27	38	13	before	before	ADP
fbem-27	38	14	the	the	DET
fbem-27	38	15	suspension	suspension	NOUN
fbem-27	38	16	,	,	PUNCT
fbem-27	38	17	the	the	DET
fbem-27	38	18	number	number	NOUN
fbem-27	38	19	of	of	ADP
fbem-27	38	20	shareholders	shareholder	NOUN
fbem-27	38	21	decreased	decrease	VERB
fbem-27	38	22	significantly	significantly	ADV
fbem-27	38	23	compared	compare	VERB
fbem-27	38	24	with	with	ADP
fbem-27	38	25	the	the	DET
fbem-27	38	26	previous	previous	ADJ
fbem-27	38	27	quarter	quarter	NOUN
fbem-27	38	28	,	,	PUNCT
fbem-27	38	29	while	while	SCONJ
fbem-27	38	30	the	the	DET
fbem-27	38	31	per	per	X
fbem-27	38	32	capita	capita	X
fbem-27	38	33	shareholding	shareholding	NOUN
fbem-27	38	34	ratio	ratio	NOUN
fbem-27	38	35	increased	increase	VERB
fbem-27	38	36	significantly	significantly	ADV
fbem-27	38	37	,	,	PUNCT
fbem-27	38	38	which	which	PRON
fbem-27	38	39	proved	prove	VERB
fbem-27	38	40	that	that	SCONJ
fbem-27	38	41	insider	insider	NOUN
fbem-27	38	42	trading	trading	NOUN
fbem-27	38	43	was	be	AUX
fbem-27	38	44	common	common	ADJ
fbem-27	38	45	in	in	ADP
fbem-27	38	46	the	the	DET
fbem-27	38	47	backdoor	backdoor	NOUN
fbem-27	38	48	listing	list	VERB
fbem-27	38	49	process	process	NOUN
fbem-27	38	50	.	.	PUNCT
fbem-27	39	1	zhao	zhao	PROPN
fbem-27	39	2	qiwei	qiwei	PROPN
fbem-27	39	3	and	and	CCONJ
fbem-27	39	4	zhang	zhang	PROPN
fbem-27	39	5	nan	nan	PROPN
fbem-27	39	6	(	(	PUNCT
fbem-27	39	7	2015	2015	NUM
fbem-27	39	8	)	)	PUNCT
fbem-27	39	9	selected	select	VERB
fbem-27	39	10	chinese	chinese	ADJ
fbem-27	39	11	industrial	industrial	ADJ
fbem-27	39	12	enterprises	enterprise	NOUN
fbem-27	39	13	from	from	ADP
fbem-27	39	14	1998	1998	NUM
fbem-27	39	15	to	to	ADP
fbem-27	39	16	2007	2007	NUM
fbem-27	39	17	as	as	ADP
fbem-27	39	18	the	the	DET
fbem-27	39	19	research	research	NOUN
fbem-27	39	20	sample	sample	NOUN
fbem-27	39	21	,	,	PUNCT
fbem-27	39	22	and	and	CCONJ
fbem-27	39	23	applied	apply	VERB
fbem-27	39	24	the	the	DET
fbem-27	39	25	weibull	weibull	PROPN
fbem-27	39	26	model	model	NOUN
fbem-27	39	27	and	and	CCONJ
fbem-27	39	28	the	the	DET
fbem-27	39	29	logistic	logistic	ADJ
fbem-27	39	30	model	model	NOUN
fbem-27	39	31	in	in	ADP
fbem-27	39	32	the	the	DET
fbem-27	39	33	survival	survival	NOUN
fbem-27	39	34	analysis	analysis	NOUN
fbem-27	39	35	method	method	NOUN
fbem-27	39	36	,	,	PUNCT
fbem-27	39	37	which	which	PRON
fbem-27	39	38	are	be	AUX
fbem-27	39	39	two	two	NUM
fbem-27	39	40	accelerated	accelerated	ADJ
fbem-27	39	41	failure	failure	NOUN
fbem-27	39	42	time	time	NOUN
fbem-27	39	43	models	model	NOUN
fbem-27	39	44	,	,	PUNCT
fbem-27	39	45	to	to	PART
fbem-27	39	46	study	study	VERB
fbem-27	39	47	the	the	DET
fbem-27	39	48	impact	impact	NOUN
fbem-27	39	49	of	of	ADP
fbem-27	39	50	the	the	DET
fbem-27	39	51	ownership	ownership	NOUN
fbem-27	39	52	structure	structure	NOUN
fbem-27	39	53	of	of	ADP
fbem-27	39	54	state	state	NOUN
fbem-27	39	55	-	-	PUNCT
fbem-27	39	56	owned	own	VERB
fbem-27	39	57	enterprises	enterprise	NOUN
fbem-27	39	58	on	on	ADP
fbem-27	39	59	the	the	DET
fbem-27	39	60	probability	probability	NOUN
fbem-27	39	61	of	of	ADP
fbem-27	39	62	delisting	delist	VERB
fbem-27	39	63	.	.	PUNCT
fbem-27	39	64	influences	influence	NOUN
fbem-27	39	65	.	.	PUNCT
fbem-27	40	1	3	3	X
fbem-27	40	2	.	.	X
fbem-27	40	3	the	the	DET
fbem-27	40	4	basic	basic	ADJ
fbem-27	40	5	theory	theory	NOUN
fbem-27	40	6	of	of	ADP
fbem-27	40	7	survival	survival	NOUN
fbem-27	40	8	analysis	analysis	NOUN
fbem-27	40	9	3.1	3.1	NUM
fbem-27	40	10	.	.	PUNCT
fbem-27	41	1	survival	survival	NOUN
fbem-27	41	2	analysis	analysis	NOUN
fbem-27	41	3	concept	concept	NOUN
fbem-27	41	4	survival	survival	NOUN
fbem-27	41	5	analysis	analysis	NOUN
fbem-27	41	6	is	be	AUX
fbem-27	41	7	a	a	DET
fbem-27	41	8	discipline	discipline	NOUN
fbem-27	41	9	that	that	PRON
fbem-27	41	10	studies	study	NOUN
fbem-27	41	11	survival	survival	VERB
fbem-27	41	12	phenomena	phenomenon	NOUN
fbem-27	41	13	and	and	CCONJ
fbem-27	41	14	response	response	NOUN
fbem-27	41	15	time	time	NOUN
fbem-27	41	16	data	datum	NOUN
fbem-27	41	17	and	and	CCONJ
fbem-27	41	18	its	its	PRON
fbem-27	41	19	statistical	statistical	ADJ
fbem-27	41	20	laws	law	NOUN
fbem-27	41	21	.	.	PUNCT
fbem-27	42	1	the	the	DET
fbem-27	42	2	following	follow	VERB
fbem-27	42	3	three	three	NUM
fbem-27	42	4	functions	function	NOUN
fbem-27	42	5	are	be	AUX
fbem-27	42	6	usually	usually	ADV
fbem-27	42	7	used	use	VERB
fbem-27	42	8	to	to	PART
fbem-27	42	9	describe	describe	VERB
fbem-27	42	10	survival	survival	NOUN
fbem-27	42	11	time	time	NOUN
fbem-27	42	12	:	:	PUNCT
fbem-27	42	13	survival	survival	NOUN
fbem-27	42	14	function	function	PROPN
fbem-27	42	15	,	,	PUNCT
fbem-27	42	16	probability	probability	NOUN
fbem-27	42	17	density	density	NOUN
fbem-27	42	18	function	function	NOUN
fbem-27	42	19	and	and	CCONJ
fbem-27	42	20	hazard	hazard	NOUN
fbem-27	42	21	function	function	NOUN
fbem-27	42	22	.	.	PUNCT
fbem-27	43	1	(	(	PUNCT
fbem-27	43	2	1	1	X
fbem-27	43	3	)	)	PUNCT
fbem-27	43	4	survival	survival	NOUN
fbem-27	43	5	function	function	NOUN
fbem-27	43	6	:	:	PUNCT
fbem-27	43	7	the	the	DET
fbem-27	43	8	basic	basic	ADJ
fbem-27	43	9	function	function	NOUN
fbem-27	43	10	to	to	PART
fbem-27	43	11	describe	describe	VERB
fbem-27	43	12	the	the	DET
fbem-27	43	13	statistical	statistical	ADJ
fbem-27	43	14	characteristics	characteristic	NOUN
fbem-27	43	15	of	of	ADP
fbem-27	43	16	survival	survival	NOUN
fbem-27	43	17	time	time	NOUN
fbem-27	43	18	,	,	PUNCT
fbem-27	43	19	also	also	ADV
fbem-27	43	20	called	call	VERB
fbem-27	43	21	survival	survival	NOUN
fbem-27	43	22	rate	rate	NOUN
fbem-27	43	23	.	.	PUNCT
fbem-27	44	1	let	let	VERB
fbem-27	44	2	t	t	PROPN
fbem-27	44	3	denote	denote	VERB
fbem-27	44	4	survival	survival	PROPN
fbem-27	44	5	time	time	NOUN
fbem-27	44	6	,	,	PUNCT
fbem-27	44	7	f(t	f(t	PROPN
fbem-27	44	8	)	)	PUNCT
fbem-27	44	9	is	be	AUX
fbem-27	44	10	the	the	DET
fbem-27	44	11	cumulative	cumulative	ADJ
fbem-27	44	12	distribution	distribution	NOUN
fbem-27	44	13	function	function	NOUN
fbem-27	44	14	of	of	ADP
fbem-27	44	15	t	t	PROPN
fbem-27	44	16	,	,	PUNCT
fbem-27	44	17	and	and	CCONJ
fbem-27	44	18	the	the	DET
fbem-27	44	19	survival	survival	NOUN
fbem-27	44	20	function	function	NOUN
fbem-27	44	21	is	be	AUX
fbem-27	44	22	defined	define	VERB
fbem-27	44	23	as	as	ADP
fbem-27	44	24	:	:	PUNCT
fbem-27	44	25	𝑆	𝑆	PROPN
fbem-27	44	26	𝑡	𝑡	PROPN
fbem-27	44	27	𝑃	𝑃	PROPN
fbem-27	44	28	𝑇	𝑇	PROPN
fbem-27	44	29	𝑡	𝑡	ADP
fbem-27	44	30	1	1	NUM
fbem-27	44	31	𝐹	𝐹	PROPN
fbem-27	44	32	𝑡	𝑡	PROPN
fbem-27	44	33	,	,	PUNCT
fbem-27	44	34	0	0	NUM
fbem-27	44	35	𝑡	𝑡	SYM
fbem-27	44	36	∞	∞	PROPN
fbem-27	44	37	among	among	ADP
fbem-27	44	38	them	they	PRON
fbem-27	44	39	,	,	PUNCT
fbem-27	44	40	f(t	f(t	PROPN
fbem-27	44	41	)	)	PUNCT
fbem-27	44	42	can	can	AUX
fbem-27	44	43	be	be	AUX
fbem-27	44	44	understood	understand	VERB
fbem-27	44	45	as	as	ADP
fbem-27	44	46	the	the	DET
fbem-27	44	47	cumulative	cumulative	ADJ
fbem-27	44	48	death	death	NOUN
fbem-27	44	49	rate	rate	NOUN
fbem-27	44	50	up	up	ADP
fbem-27	44	51	to	to	ADP
fbem-27	44	52	time	time	NOUN
fbem-27	44	53	t.	t.	PROPN
fbem-27	44	54	(	(	PUNCT
fbem-27	44	55	2	2	NUM
fbem-27	44	56	)	)	PUNCT
fbem-27	44	57	probability	probability	NOUN
fbem-27	44	58	density	density	NOUN
fbem-27	44	59	function	function	NOUN
fbem-27	44	60	:	:	PUNCT
fbem-27	44	61	also	also	ADV
fbem-27	44	62	known	know	VERB
fbem-27	44	63	as	as	ADP
fbem-27	44	64	density	density	NOUN
fbem-27	44	65	function	function	NOUN
fbem-27	44	66	.	.	PUNCT
fbem-27	45	1	it	it	PRON
fbem-27	45	2	is	be	AUX
fbem-27	45	3	represented	represent	VERB
fbem-27	45	4	by	by	ADP
fbem-27	45	5	the	the	DET
fbem-27	45	6	cumulative	cumulative	ADJ
fbem-27	45	7	mortality	mortality	NOUN
fbem-27	45	8	function	function	NOUN
fbem-27	45	9	f(t	f(t	PROPN
fbem-27	45	10	)	)	PUNCT
fbem-27	45	11	and	and	CCONJ
fbem-27	45	12	the	the	DET
fbem-27	45	13	death	death	NOUN
fbem-27	45	14	density	density	NOUN
fbem-27	45	15	function	function	NOUN
fbem-27	45	16	f(t	f(t	NOUN
fbem-27	45	17	):	):	PUNCT
fbem-27	45	18	𝑓	𝑓	PROPN
fbem-27	46	1	𝑡	𝑡	PROPN
fbem-27	46	2	lim	lim	PROPN
fbem-27	46	3	∆	∆	PROPN
fbem-27	46	4	→	→	PUNCT
fbem-27	46	5	𝑃	𝑃	NOUN
fbem-27	46	6	𝑡	𝑡	PROPN
fbem-27	46	7	𝑇	𝑇	PROPN
fbem-27	46	8	𝑡	𝑡	PROPN
fbem-27	46	9	∆𝑡	∆𝑡	PROPN
fbem-27	46	10	∆𝑡	∆𝑡	PROPN
fbem-27	46	11	𝐹	𝐹	PROPN
fbem-27	46	12	𝑡	𝑡	PROPN
fbem-27	47	1	and	and	CCONJ
fbem-27	47	2	you	you	PRON
fbem-27	47	3	can	can	AUX
fbem-27	47	4	get	get	VERB
fbem-27	47	5	:	:	PUNCT
fbem-27	47	6	𝑓	𝑓	PRON
fbem-27	47	7	𝑡	𝑡	PROPN
fbem-27	47	8	𝐹	𝐹	PROPN
fbem-27	47	9	𝑡	𝑡	PROPN
fbem-27	47	10	𝑆′	𝑆′	PROPN
fbem-27	47	11	𝑡	𝑡	PROPN
fbem-27	47	12	(	(	PUNCT
fbem-27	47	13	3	3	NUM
fbem-27	47	14	)	)	PUNCT
fbem-27	47	15	risk	risk	NOUN
fbem-27	47	16	function	function	NOUN
fbem-27	47	17	:	:	PUNCT
fbem-27	47	18	also	also	ADV
fbem-27	47	19	known	know	VERB
fbem-27	47	20	as	as	ADP
fbem-27	47	21	the	the	DET
fbem-27	47	22	risk	risk	NOUN
fbem-27	47	23	function	function	NOUN
fbem-27	47	24	.	.	PUNCT
fbem-27	48	1	from	from	ADP
fbem-27	48	2	the	the	DET
fbem-27	48	3	density	density	NOUN
fbem-27	48	4	function	function	NOUN
fbem-27	48	5	f(t	f(t	NOUN
fbem-27	48	6	)	)	PUNCT
fbem-27	48	7	and	and	CCONJ
fbem-27	48	8	the	the	DET
fbem-27	48	9	survival	survival	NOUN
fbem-27	48	10	function	function	PROPN
fbem-27	48	11	s(t	s(t	PROPN
fbem-27	48	12	)	)	PUNCT
fbem-27	48	13	,	,	PUNCT
fbem-27	48	14	the	the	DET
fbem-27	48	15	risk	risk	NOUN
fbem-27	48	16	function	function	NOUN
fbem-27	48	17	is	be	AUX
fbem-27	48	18	expressed	express	VERB
fbem-27	48	19	as	as	ADP
fbem-27	48	20	:	:	PUNCT
fbem-27	48	21	ℎ	ℎ	PROPN
fbem-27	48	22	𝑡	𝑡	PROPN
fbem-27	48	23	lim	lim	PROPN
fbem-27	48	24	∆	∆	PROPN
fbem-27	48	25	→	→	PUNCT
fbem-27	48	26	𝑃	𝑃	NOUN
fbem-27	48	27	𝑇	𝑇	PROPN
fbem-27	48	28	∈	∈	PROPN
fbem-27	48	29	𝑡	𝑡	NOUN
fbem-27	48	30	,	,	PUNCT
fbem-27	48	31	𝑡	𝑡	X
fbem-27	48	32	∆𝑡	∆𝑡	PROPN
fbem-27	48	33	|𝑇	|𝑇	PUNCT
fbem-27	48	34	𝑡	𝑡	PROPN
fbem-27	48	35	∆𝑡	∆𝑡	PROPN
fbem-27	48	36	𝑓	𝑓	PRON
fbem-27	48	37	𝑡	𝑡	PROPN
fbem-27	48	38	𝑆	𝑆	PROPN
fbem-27	48	39	𝑡	𝑡	PROPN
fbem-27	48	40	3.2	3.2	NUM
fbem-27	48	41	.	.	PUNCT
fbem-27	49	1	life	life	NOUN
fbem-27	49	2	table	table	NOUN
fbem-27	49	3	method	method	NOUN
fbem-27	49	4	in	in	ADP
fbem-27	49	5	order	order	NOUN
fbem-27	49	6	to	to	PART
fbem-27	49	7	obtain	obtain	VERB
fbem-27	49	8	the	the	DET
fbem-27	49	9	estimation	estimation	NOUN
fbem-27	49	10	of	of	ADP
fbem-27	49	11	the	the	DET
fbem-27	49	12	survival	survival	NOUN
fbem-27	49	13	function	function	VERB
fbem-27	49	14	under	under	ADP
fbem-27	49	15	censored	censored	ADJ
fbem-27	49	16	data	datum	NOUN
fbem-27	49	17	,	,	PUNCT
fbem-27	49	18	kaplan	kaplan	PROPN
fbem-27	49	19	and	and	CCONJ
fbem-27	49	20	meier	meier	PROPN
fbem-27	49	21	(	(	PUNCT
fbem-27	49	22	1958	1958	NUM
fbem-27	49	23	)	)	PUNCT
fbem-27	49	24	gave	give	VERB
fbem-27	49	25	a	a	DET
fbem-27	49	26	nonparametric	nonparametric	NOUN
fbem-27	49	27	estimation	estimation	NOUN
fbem-27	49	28	method	method	NOUN
fbem-27	49	29	of	of	ADP
fbem-27	49	30	the	the	DET
fbem-27	49	31	survival	survival	NOUN
fbem-27	49	32	function	function	NOUN
fbem-27	49	33	-	-	PUNCT
fbem-27	49	34	the	the	DET
fbem-27	49	35	multiplicative	multiplicative	ADJ
fbem-27	49	36	positive	positive	ADJ
fbem-27	49	37	limit	limit	NOUN
fbem-27	49	38	method	method	NOUN
fbem-27	49	39	.	.	PUNCT
fbem-27	50	1	its	its	PRON
fbem-27	50	2	advantage	advantage	NOUN
fbem-27	50	3	is	be	AUX
fbem-27	50	4	that	that	SCONJ
fbem-27	50	5	there	there	PRON
fbem-27	50	6	is	be	VERB
fbem-27	50	7	no	no	DET
fbem-27	50	8	requirement	requirement	NOUN
fbem-27	50	9	for	for	ADP
fbem-27	50	10	the	the	DET
fbem-27	50	11	distribution	distribution	NOUN
fbem-27	50	12	of	of	ADP
fbem-27	50	13	the	the	DET
fbem-27	50	14	data	datum	NOUN
fbem-27	50	15	.	.	PUNCT
fbem-27	51	1	it	it	PRON
fbem-27	51	2	uses	use	VERB
fbem-27	51	3	the	the	DET
fbem-27	51	4	principle	principle	NOUN
fbem-27	51	5	of	of	ADP
fbem-27	51	6	conditional	conditional	ADJ
fbem-27	51	7	probability	probability	NOUN
fbem-27	51	8	and	and	CCONJ
fbem-27	51	9	probability	probability	NOUN
fbem-27	51	10	multiplication	multiplication	NOUN
fbem-27	51	11	to	to	PART
fbem-27	51	12	calculate	calculate	VERB
fbem-27	51	13	survival	survival	NOUN
fbem-27	51	14	rate	rate	NOUN
fbem-27	51	15	,	,	PUNCT
fbem-27	51	16	applicable	applicable	ADJ
fbem-27	51	17	to	to	ADP
fbem-27	51	18	the	the	DET
fbem-27	51	19	original	original	ADJ
fbem-27	51	20	data	datum	NOUN
fbem-27	51	21	(	(	PUNCT
fbem-27	51	22	or	or	CCONJ
fbem-27	51	23	ungrouped	ungrouped	ADJ
fbem-27	51	24	data	datum	NOUN
fbem-27	51	25	)	)	PUNCT
fbem-27	51	26	of	of	ADP
fbem-27	51	27	survival	survival	PROPN
fbem-27	51	28	time	time	PROPN
fbem-27	51	29	data	data	PROPN
fbem-27	51	30	,	,	PUNCT
fbem-27	51	31	and	and	CCONJ
fbem-27	51	32	can	can	AUX
fbem-27	51	33	be	be	AUX
fbem-27	51	34	used	use	VERB
fbem-27	51	35	for	for	ADP
fbem-27	51	36	small	small	ADJ
fbem-27	51	37	,	,	PUNCT
fbem-27	51	38	medium	medium	ADJ
fbem-27	51	39	or	or	CCONJ
fbem-27	51	40	large	large	ADJ
fbem-27	51	41	samples	sample	NOUN
fbem-27	51	42	.	.	PUNCT
fbem-27	52	1	the	the	DET
fbem-27	52	2	life	life	NOUN
fbem-27	52	3	table	table	NOUN
fbem-27	52	4	method	method	NOUN
fbem-27	52	5	is	be	AUX
fbem-27	52	6	similar	similar	ADJ
fbem-27	52	7	to	to	ADP
fbem-27	52	8	the	the	DET
fbem-27	52	9	multiplicative	multiplicative	ADJ
fbem-27	52	10	limit	limit	NOUN
fbem-27	52	11	method	method	NOUN
fbem-27	52	12	.	.	PUNCT
fbem-27	53	1	the	the	DET
fbem-27	53	2	difference	difference	NOUN
fbem-27	53	3	between	between	ADP
fbem-27	53	4	the	the	DET
fbem-27	53	5	two	two	NUM
fbem-27	53	6	is	be	AUX
fbem-27	53	7	that	that	SCONJ
fbem-27	53	8	when	when	SCONJ
fbem-27	53	9	the	the	DET
fbem-27	53	10	life	life	NOUN
fbem-27	53	11	table	table	NOUN
fbem-27	53	12	calculates	calculate	VERB
fbem-27	53	13	the	the	DET
fbem-27	53	14	survival	survival	NOUN
fbem-27	53	15	probability	probability	NOUN
fbem-27	53	16	,	,	PUNCT
fbem-27	53	17	it	it	PRON
fbem-27	53	18	calculates	calculate	VERB
fbem-27	53	19	the	the	DET
fbem-27	53	20	survival	survival	NOUN
fbem-27	53	21	probability	probability	NOUN
fbem-27	53	22	by	by	ADP
fbem-27	53	23	a	a	DET
fbem-27	53	24	certain	certain	ADJ
fbem-27	53	25	length	length	NOUN
fbem-27	53	26	of	of	ADP
fbem-27	53	27	time	time	NOUN
fbem-27	53	28	(	(	PUNCT
fbem-27	53	29	such	such	ADJ
fbem-27	53	30	as	as	ADP
fbem-27	53	31	day	day	NOUN
fbem-27	53	32	,	,	PUNCT
fbem-27	53	33	month	month	NOUN
fbem-27	53	34	,	,	PUNCT
fbem-27	53	35	year	year	NOUN
fbem-27	53	36	)	)	PUNCT
fbem-27	53	37	,	,	PUNCT
fbem-27	53	38	and	and	CCONJ
fbem-27	53	39	the	the	DET
fbem-27	53	40	calculation	calculation	NOUN
fbem-27	53	41	result	result	NOUN
fbem-27	53	42	is	be	AUX
fbem-27	53	43	relatively	relatively	ADV
fbem-27	53	44	rough	rough	ADJ
fbem-27	53	45	.	.	PUNCT
fbem-27	54	1	the	the	DET
fbem-27	54	2	life	life	NOUN
fbem-27	54	3	table	table	NOUN
fbem-27	54	4	method	method	NOUN
fbem-27	54	5	is	be	AUX
fbem-27	54	6	usually	usually	ADV
fbem-27	54	7	selected	select	VERB
fbem-27	54	8	when	when	SCONJ
fbem-27	54	9	the	the	DET
fbem-27	54	10	sample	sample	NOUN
fbem-27	54	11	size	size	NOUN
fbem-27	54	12	is	be	AUX
fbem-27	54	13	large	large	ADJ
fbem-27	54	14	.	.	PUNCT
fbem-27	55	1	regarding	regard	VERB
fbem-27	55	2	the	the	DET
fbem-27	55	3	question	question	NOUN
fbem-27	55	4	of	of	ADP
fbem-27	55	5	the	the	DET
fbem-27	55	6	timing	timing	NOUN
fbem-27	55	7	of	of	ADP
fbem-27	55	8	the	the	DET
fbem-27	55	9	delisting	delisting	NOUN
fbem-27	55	10	or	or	CCONJ
fbem-27	55	11	delisting	delisting	NOUN
fbem-27	55	12	of	of	ADP
fbem-27	55	13	st	st	PROPN
fbem-27	55	14	companies	company	NOUN
fbem-27	55	15	to	to	PART
fbem-27	55	16	be	be	AUX
fbem-27	55	17	studied	study	VERB
fbem-27	55	18	in	in	ADP
fbem-27	55	19	this	this	DET
fbem-27	55	20	article	article	NOUN
fbem-27	55	21	,	,	PUNCT
fbem-27	55	22	the	the	DET
fbem-27	55	23	life	life	NOUN
fbem-27	55	24	table	table	NOUN
fbem-27	55	25	method	method	NOUN
fbem-27	55	26	is	be	AUX
fbem-27	55	27	chosen	choose	VERB
fbem-27	55	28	,	,	PUNCT
fbem-27	55	29	one	one	NUM
fbem-27	55	30	is	be	AUX
fbem-27	55	31	because	because	SCONJ
fbem-27	55	32	of	of	ADP
fbem-27	55	33	the	the	DET
fbem-27	55	34	large	large	ADJ
fbem-27	55	35	sample	sample	NOUN
fbem-27	55	36	size	size	NOUN
fbem-27	55	37	,	,	PUNCT
fbem-27	55	38	and	and	CCONJ
fbem-27	55	39	the	the	DET
fbem-27	55	40	other	other	ADJ
fbem-27	55	41	is	be	AUX
fbem-27	55	42	that	that	SCONJ
fbem-27	55	43	what	what	PRON
fbem-27	55	44	needs	need	VERB
fbem-27	55	45	to	to	PART
fbem-27	55	46	be	be	AUX
fbem-27	55	47	derived	derive	VERB
fbem-27	55	48	is	be	AUX
fbem-27	55	49	the	the	DET
fbem-27	55	50	timing	timing	NOUN
fbem-27	55	51	of	of	ADP
fbem-27	55	52	the	the	DET
fbem-27	55	53	year	year	NOUN
fbem-27	55	54	,	,	PUNCT
fbem-27	55	55	which	which	PRON
fbem-27	55	56	does	do	AUX
fbem-27	55	57	not	not	PART
fbem-27	55	58	need	need	VERB
fbem-27	55	59	to	to	PART
fbem-27	55	60	be	be	AUX
fbem-27	55	61	accurate	accurate	ADJ
fbem-27	55	62	.	.	PUNCT
fbem-27	56	1	specific	specific	ADJ
fbem-27	56	2	date	date	NOUN
fbem-27	56	3	.	.	PUNCT
fbem-27	57	1	4	4	X
fbem-27	57	2	.	.	X
fbem-27	57	3	empirical	empirical	ADJ
fbem-27	57	4	research	research	NOUN
fbem-27	57	5	on	on	ADP
fbem-27	57	6	the	the	DET
fbem-27	57	7	survival	survival	NOUN
fbem-27	57	8	of	of	ADP
fbem-27	57	9	st	st	PROPN
fbem-27	57	10	companies	company	NOUN
fbem-27	57	11	based	base	VERB
fbem-27	57	12	on	on	ADP
fbem-27	57	13	the	the	DET
fbem-27	57	14	actual	actual	ADJ
fbem-27	57	15	data	datum	NOUN
fbem-27	57	16	of	of	ADP
fbem-27	57	17	st	st	PROPN
fbem-27	57	18	companies	company	NOUN
fbem-27	57	19	in	in	ADP
fbem-27	57	20	china	china	PROPN
fbem-27	57	21	's	's	PART
fbem-27	57	22	ashare	ashare	NOUN
fbem-27	57	23	market	market	NOUN
fbem-27	57	24	,	,	PUNCT
fbem-27	57	25	this	this	DET
fbem-27	57	26	paper	paper	NOUN
fbem-27	57	27	uses	use	VERB
fbem-27	57	28	the	the	DET
fbem-27	57	29	life	life	NOUN
fbem-27	57	30	table	table	NOUN
fbem-27	57	31	method	method	NOUN
fbem-27	57	32	in	in	ADP
fbem-27	57	33	the	the	DET
fbem-27	57	34	non	non	ADJ
fbem-27	57	35	3	3	NUM
fbem-27	57	36	parametric	parametric	ADJ
fbem-27	57	37	method	method	NOUN
fbem-27	57	38	to	to	PART
fbem-27	57	39	study	study	VERB
fbem-27	57	40	the	the	DET
fbem-27	57	41	time	time	NOUN
fbem-27	57	42	rules	rule	NOUN
fbem-27	57	43	of	of	ADP
fbem-27	57	44	st	st	PROPN
fbem-27	57	45	companies	company	NOUN
fbem-27	57	46	'	'	PART
fbem-27	57	47	decap	decap	NOUN
fbem-27	57	48	and	and	CCONJ
fbem-27	57	49	delisting	delisting	NOUN
fbem-27	57	50	.	.	PUNCT
fbem-27	58	1	4.1	4.1	NUM
fbem-27	58	2	.	.	PUNCT
fbem-27	58	3	research	research	NOUN
fbem-27	58	4	sample	sample	NOUN
fbem-27	58	5	this	this	DET
fbem-27	58	6	article	article	NOUN
fbem-27	58	7	focuses	focus	VERB
fbem-27	58	8	on	on	ADP
fbem-27	58	9	the	the	DET
fbem-27	58	10	companies	company	NOUN
fbem-27	58	11	that	that	PRON
fbem-27	58	12	have	have	AUX
fbem-27	58	13	been	be	AUX
fbem-27	58	14	implemented	implement	VERB
fbem-27	58	15	"	"	PUNCT
fbem-27	58	16	st	st	PROPN
fbem-27	58	17	"	"	PUNCT
fbem-27	58	18	among	among	ADP
fbem-27	58	19	listed	list	VERB
fbem-27	58	20	companies	company	NOUN
fbem-27	58	21	in	in	ADP
fbem-27	58	22	china	china	PROPN
fbem-27	58	23	as	as	ADP
fbem-27	58	24	the	the	DET
fbem-27	58	25	research	research	NOUN
fbem-27	58	26	object	object	NOUN
fbem-27	58	27	.	.	PUNCT
fbem-27	59	1	since	since	SCONJ
fbem-27	59	2	the	the	DET
fbem-27	59	3	implementation	implementation	NOUN
fbem-27	59	4	of	of	ADP
fbem-27	59	5	the	the	DET
fbem-27	59	6	st	st	PROPN
fbem-27	59	7	policy	policy	NOUN
fbem-27	59	8	in	in	ADP
fbem-27	59	9	shanghai	shanghai	PROPN
fbem-27	59	10	and	and	CCONJ
fbem-27	59	11	shenzhen	shenzhen	PROPN
fbem-27	59	12	on	on	ADP
fbem-27	59	13	april	april	PROPN
fbem-27	59	14	27	27	NUM
fbem-27	59	15	,	,	PUNCT
fbem-27	59	16	1998	1998	NUM
fbem-27	59	17	,	,	PUNCT
fbem-27	59	18	as	as	ADP
fbem-27	59	19	of	of	ADP
fbem-27	59	20	december	december	PROPN
fbem-27	59	21	31	31	NUM
fbem-27	59	22	,	,	PUNCT
fbem-27	59	23	2019	2019	NUM
fbem-27	59	24	,	,	PUNCT
fbem-27	59	25	a	a	DET
fbem-27	59	26	total	total	NOUN
fbem-27	59	27	of	of	ADP
fbem-27	59	28	970	970	NUM
fbem-27	59	29	listed	list	VERB
fbem-27	59	30	companies	company	NOUN
fbem-27	59	31	have	have	AUX
fbem-27	59	32	been	be	AUX
fbem-27	59	33	subject	subject	ADJ
fbem-27	59	34	to	to	ADP
fbem-27	59	35	special	special	ADJ
fbem-27	59	36	treatment	treatment	NOUN
fbem-27	59	37	and	and	CCONJ
fbem-27	59	38	wear	wear	VERB
fbem-27	59	39	the	the	DET
fbem-27	59	40	"	"	PUNCT
fbem-27	59	41	st	st	NOUN
fbem-27	59	42	"	"	PUNCT
fbem-27	59	43	hat	hat	NOUN
fbem-27	59	44	.	.	PUNCT
fbem-27	60	1	the	the	DET
fbem-27	60	2	data	datum	NOUN
fbem-27	60	3	comes	come	VERB
fbem-27	60	4	from	from	ADP
fbem-27	60	5	the	the	DET
fbem-27	60	6	csmar	csmar	PROPN
fbem-27	60	7	database	database	NOUN
fbem-27	60	8	.	.	PUNCT
fbem-27	61	1	some	some	PRON
fbem-27	61	2	of	of	ADP
fbem-27	61	3	these	these	DET
fbem-27	61	4	"	"	PUNCT
fbem-27	61	5	hat	hat	NOUN
fbem-27	61	6	-	-	PUNCT
fbem-27	61	7	wearing	wear	VERB
fbem-27	61	8	"	"	PUNCT
fbem-27	61	9	companies	company	NOUN
fbem-27	61	10	actively	actively	ADV
fbem-27	61	11	responded	respond	VERB
fbem-27	61	12	to	to	ADP
fbem-27	61	13	financial	financial	ADJ
fbem-27	61	14	crises	crisis	NOUN
fbem-27	61	15	after	after	ADP
fbem-27	61	16	the	the	DET
fbem-27	61	17	implementation	implementation	NOUN
fbem-27	61	18	of	of	ADP
fbem-27	61	19	st	st	PROPN
fbem-27	61	20	,	,	PUNCT
fbem-27	61	21	adjusted	adjust	VERB
fbem-27	61	22	their	their	PRON
fbem-27	61	23	business	business	NOUN
fbem-27	61	24	models	model	NOUN
fbem-27	61	25	,	,	PUNCT
fbem-27	61	26	turned	turn	VERB
fbem-27	61	27	losses	loss	NOUN
fbem-27	61	28	into	into	ADP
fbem-27	61	29	profits	profit	NOUN
fbem-27	61	30	,	,	PUNCT
fbem-27	61	31	completed	complete	VERB
fbem-27	61	32	"	"	PUNCT
fbem-27	61	33	caps	cap	NOUN
fbem-27	61	34	off	off	ADP
fbem-27	61	35	"	"	PUNCT
fbem-27	61	36	,	,	PUNCT
fbem-27	61	37	and	and	CCONJ
fbem-27	61	38	returned	return	VERB
fbem-27	61	39	to	to	ADP
fbem-27	61	40	the	the	DET
fbem-27	61	41	stock	stock	NOUN
fbem-27	61	42	market	market	NOUN
fbem-27	61	43	;	;	PUNCT
fbem-27	61	44	some	some	DET
fbem-27	61	45	companies	company	NOUN
fbem-27	61	46	did	do	AUX
fbem-27	61	47	not	not	PART
fbem-27	61	48	promptly	promptly	ADV
fbem-27	61	49	respond	respond	VERB
fbem-27	61	50	to	to	ADP
fbem-27	61	51	the	the	DET
fbem-27	61	52	implementation	implementation	NOUN
fbem-27	61	53	of	of	ADP
fbem-27	61	54	st	st	PROPN
fbem-27	61	55	taking	take	VERB
fbem-27	61	56	rectification	rectification	NOUN
fbem-27	61	57	measures	measure	NOUN
fbem-27	61	58	,	,	PUNCT
fbem-27	61	59	the	the	DET
fbem-27	61	60	operating	operating	NOUN
fbem-27	61	61	conditions	condition	NOUN
fbem-27	61	62	continued	continue	VERB
fbem-27	61	63	to	to	PART
fbem-27	61	64	deteriorate	deteriorate	VERB
fbem-27	61	65	,	,	PUNCT
fbem-27	61	66	and	and	CCONJ
fbem-27	61	67	the	the	DET
fbem-27	61	68	market	market	NOUN
fbem-27	61	69	could	could	AUX
fbem-27	61	70	only	only	ADV
fbem-27	61	71	be	be	AUX
fbem-27	61	72	delisted	delist	VERB
fbem-27	61	73	.	.	PUNCT
fbem-27	62	1	table	table	NOUN
fbem-27	62	2	1	1	NUM
fbem-27	62	3	shows	show	VERB
fbem-27	62	4	the	the	DET
fbem-27	62	5	delisting	delisting	NOUN
fbem-27	62	6	and	and	CCONJ
fbem-27	62	7	delisting	delisting	NOUN
fbem-27	62	8	of	of	ADP
fbem-27	62	9	st	st	PROPN
fbem-27	62	10	companies	company	NOUN
fbem-27	62	11	over	over	ADP
fbem-27	62	12	the	the	DET
fbem-27	62	13	years	year	NOUN
fbem-27	62	14	.	.	PUNCT
fbem-27	63	1	table	table	NOUN
fbem-27	63	2	1	1	NUM
fbem-27	63	3	.	.	X
fbem-27	63	4	overview	overview	NOUN
fbem-27	63	5	of	of	ADP
fbem-27	63	6	st	st	PROPN
fbem-27	63	7	in	in	ADP
fbem-27	63	8	chinese	chinese	ADJ
fbem-27	63	9	listed	list	VERB
fbem-27	63	10	companies	company	NOUN
fbem-27	63	11	over	over	ADP
fbem-27	63	12	the	the	DET
fbem-27	63	13	years	year	NOUN
fbem-27	63	14	unit	unit	NOUN
fbem-27	63	15	:	:	PUNCT
fbem-27	63	16	pcs	pc	NOUN
fbem-27	63	17	years	year	NOUN
fbem-27	63	18	added	add	VERB
fbem-27	63	19	st	st	PROPN
fbem-27	63	20	uncap	uncap	NOUN
fbem-27	63	21	delisting	delist	VERB
fbem-27	63	22	1998	1998	NUM
fbem-27	63	23	30	30	NUM
fbem-27	63	24	0	0	NUM
fbem-27	63	25	0	0	NUM
fbem-27	63	26	1999	1999	NUM
fbem-27	63	27	37	37	NUM
fbem-27	63	28	7	7	NUM
fbem-27	63	29	1	1	NUM
fbem-27	63	30	2000	2000	NUM
fbem-27	63	31	31	31	NUM
fbem-27	63	32	20	20	NUM
fbem-27	63	33	0	0	NUM
fbem-27	63	34	2001	2001	NUM
fbem-27	63	35	25	25	NUM
fbem-27	63	36	18	18	NUM
fbem-27	63	37	5	5	NUM
fbem-27	63	38	2002	2002	NUM
fbem-27	63	39	52	52	NUM
fbem-27	63	40	19	19	NUM
fbem-27	63	41	8	8	NUM
fbem-27	63	42	2003	2003	NUM
fbem-27	63	43	67	67	NUM
fbem-27	63	44	16	16	NUM
fbem-27	63	45	4	4	NUM
fbem-27	63	46	2004	2004	NUM
fbem-27	63	47	45	45	NUM
fbem-27	63	48	28	28	NUM
fbem-27	63	49	11	11	NUM
fbem-27	63	50	2005	2005	NUM
fbem-27	63	51	36	36	NUM
fbem-27	63	52	38	38	NUM
fbem-27	63	53	11	11	NUM
fbem-27	63	54	2006	2006	NUM
fbem-27	63	55	64	64	NUM
fbem-27	63	56	19	19	NUM
fbem-27	63	57	13	13	NUM
fbem-27	63	58	2007	2007	NUM
fbem-27	63	59	69	69	NUM
fbem-27	63	60	30	30	NUM
fbem-27	63	61	10	10	NUM
fbem-27	63	62	2008	2008	NUM
fbem-27	63	63	29	29	NUM
fbem-27	63	64	41	41	NUM
fbem-27	63	65	2	2	NUM
fbem-27	63	66	2009	2009	NUM
fbem-27	63	67	33	33	NUM
fbem-27	63	68	30	30	NUM
fbem-27	63	69	6	6	NUM
fbem-27	63	70	2010	2010	NUM
fbem-27	63	71	39	39	NUM
fbem-27	63	72	23	23	NUM
fbem-27	63	73	4	4	NUM
fbem-27	63	74	2011	2011	NUM
fbem-27	63	75	17	17	NUM
fbem-27	63	76	35	35	NUM
fbem-27	63	77	3	3	NUM
fbem-27	63	78	2012	2012	NUM
fbem-27	63	79	27	27	NUM
fbem-27	63	80	35	35	NUM
fbem-27	63	81	3	3	NUM
fbem-27	63	82	2013	2013	NUM
fbem-27	63	83	25	25	NUM
fbem-27	63	84	73	73	NUM
fbem-27	63	85	7	7	NUM
fbem-27	63	86	2014	2014	NUM
fbem-27	63	87	38	38	NUM
fbem-27	63	88	45	45	NUM
fbem-27	63	89	3	3	NUM
fbem-27	63	90	2015	2015	NUM
fbem-27	63	91	42	42	NUM
fbem-27	63	92	32	32	NUM
fbem-27	63	93	10	10	NUM
fbem-27	63	94	2016	2016	NUM
fbem-27	63	95	61	61	NUM
fbem-27	63	96	42	42	NUM
fbem-27	63	97	2	2	NUM
fbem-27	63	98	2017	2017	NUM
fbem-27	63	99	60	60	NUM
fbem-27	63	100	53	53	NUM
fbem-27	63	101	5	5	NUM
fbem-27	63	102	2018	2018	NUM
fbem-27	63	103	54	54	NUM
fbem-27	63	104	41	41	NUM
fbem-27	63	105	6	6	NUM
fbem-27	63	106	2019	2019	NUM
fbem-27	63	107	89	89	NUM
fbem-27	63	108	21	21	NUM
fbem-27	63	109	3	3	NUM
fbem-27	63	110	total	total	NOUN
fbem-27	63	111	970	970	NUM
fbem-27	63	112	666	666	NUM
fbem-27	63	113	117	117	NUM
fbem-27	63	114	it	it	PRON
fbem-27	63	115	can	can	AUX
fbem-27	63	116	be	be	AUX
fbem-27	63	117	seen	see	VERB
fbem-27	63	118	from	from	ADP
fbem-27	63	119	table	table	NOUN
fbem-27	63	120	1	1	NUM
fbem-27	63	121	that	that	SCONJ
fbem-27	63	122	from	from	ADP
fbem-27	63	123	the	the	DET
fbem-27	63	124	implementation	implementation	NOUN
fbem-27	63	125	of	of	ADP
fbem-27	63	126	the	the	DET
fbem-27	63	127	st	st	PROPN
fbem-27	63	128	policy	policy	NOUN
fbem-27	63	129	to	to	ADP
fbem-27	63	130	the	the	DET
fbem-27	63	131	end	end	NOUN
fbem-27	63	132	of	of	ADP
fbem-27	63	133	2019	2019	NUM
fbem-27	63	134	,	,	PUNCT
fbem-27	63	135	a	a	DET
fbem-27	63	136	total	total	NOUN
fbem-27	63	137	of	of	ADP
fbem-27	63	138	970	970	NUM
fbem-27	63	139	listed	list	VERB
fbem-27	63	140	companies	company	NOUN
fbem-27	63	141	have	have	AUX
fbem-27	63	142	been	be	AUX
fbem-27	63	143	subject	subject	ADJ
fbem-27	63	144	to	to	ADP
fbem-27	63	145	special	special	ADJ
fbem-27	63	146	treatment	treatment	NOUN
fbem-27	63	147	(	(	PUNCT
fbem-27	63	148	including	include	VERB
fbem-27	63	149	those	those	DET
fbem-27	63	150	companies	company	NOUN
fbem-27	63	151	that	that	PRON
fbem-27	63	152	have	have	AUX
fbem-27	63	153	been	be	AUX
fbem-27	63	154	subjected	subject	VERB
fbem-27	63	155	to	to	ADP
fbem-27	63	156	special	special	ADJ
fbem-27	63	157	treatment	treatment	NOUN
fbem-27	63	158	for	for	ADP
fbem-27	63	159	many	many	ADJ
fbem-27	63	160	times	time	NOUN
fbem-27	63	161	.	.	PUNCT
fbem-27	64	1	each	each	DET
fbem-27	64	2	time	time	NOUN
fbem-27	64	3	these	these	DET
fbem-27	64	4	companies	company	NOUN
fbem-27	64	5	are	be	AUX
fbem-27	64	6	subject	subject	ADJ
fbem-27	64	7	to	to	ADP
fbem-27	64	8	st	st	PROPN
fbem-27	64	9	is	be	AUX
fbem-27	64	10	taken	take	VERB
fbem-27	64	11	as	as	ADP
fbem-27	64	12	a	a	DET
fbem-27	64	13	sample	sample	NOUN
fbem-27	64	14	.	.	PUNCT
fbem-27	65	1	consider	consider	VERB
fbem-27	65	2	)	)	PUNCT
fbem-27	65	3	,	,	PUNCT
fbem-27	65	4	of	of	ADP
fbem-27	65	5	which	which	PRON
fbem-27	65	6	666	666	NUM
fbem-27	65	7	companies	company	NOUN
fbem-27	65	8	have	have	AUX
fbem-27	65	9	successfully	successfully	ADV
fbem-27	65	10	achieved	achieve	VERB
fbem-27	65	11	"	"	PUNCT
fbem-27	65	12	removing	remove	VERB
fbem-27	65	13	their	their	PRON
fbem-27	65	14	hats	hat	NOUN
fbem-27	65	15	"	"	PUNCT
fbem-27	65	16	and	and	CCONJ
fbem-27	65	17	117	117	NUM
fbem-27	65	18	companies	company	NOUN
fbem-27	65	19	have	have	AUX
fbem-27	65	20	been	be	AUX
fbem-27	65	21	ordered	order	VERB
fbem-27	65	22	to	to	PART
fbem-27	65	23	delist	delist	VERB
fbem-27	65	24	.	.	PUNCT
fbem-27	66	1	figure	figure	NOUN
fbem-27	66	2	1	1	NUM
fbem-27	66	3	and	and	CCONJ
fbem-27	66	4	figure	figure	VERB
fbem-27	66	5	2	2	NUM
fbem-27	66	6	respectively	respectively	ADV
fbem-27	66	7	show	show	VERB
fbem-27	66	8	the	the	DET
fbem-27	66	9	delisting	delisting	NOUN
fbem-27	66	10	and	and	CCONJ
fbem-27	66	11	delisting	delisting	NOUN
fbem-27	66	12	of	of	ADP
fbem-27	66	13	st	st	PROPN
fbem-27	66	14	companies	company	NOUN
fbem-27	66	15	from	from	ADP
fbem-27	66	16	1998	1998	NUM
fbem-27	66	17	to	to	ADP
fbem-27	66	18	2019	2019	NUM
fbem-27	66	19	.	.	PUNCT
fbem-27	67	1	4.2	4.2	NUM
fbem-27	67	2	.	.	PUNCT
fbem-27	68	1	non	non	ADJ
fbem-27	68	2	-	-	ADJ
fbem-27	68	3	parametric	parametric	ADJ
fbem-27	68	4	analysis	analysis	NOUN
fbem-27	68	5	of	of	ADP
fbem-27	68	6	the	the	DET
fbem-27	68	7	uncapped	uncapped	ADJ
fbem-27	68	8	incidents	incident	NOUN
fbem-27	68	9	of	of	ADP
fbem-27	68	10	st	st	PROPN
fbem-27	68	11	companies	company	NOUN
fbem-27	68	12	the	the	DET
fbem-27	68	13	st	st	PROPN
fbem-27	68	14	system	system	NOUN
fbem-27	68	15	is	be	AUX
fbem-27	68	16	a	a	DET
fbem-27	68	17	broad	broad	ADJ
fbem-27	68	18	concept	concept	NOUN
fbem-27	68	19	,	,	PUNCT
fbem-27	68	20	including	include	VERB
fbem-27	68	21	st	st	PROPN
fbem-27	68	22	,	,	PUNCT
fbem-27	68	23	*	*	PROPN
fbem-27	68	24	st	st	PROPN
fbem-27	68	25	,	,	PUNCT
fbem-27	68	26	s	s	PROPN
fbem-27	68	27	,	,	PUNCT
fbem-27	68	28	sst	sst	PROPN
fbem-27	68	29	,	,	PUNCT
fbem-27	68	30	s*st	s*st	NOUN
fbem-27	68	31	,	,	PUNCT
fbem-27	68	32	and	and	CCONJ
fbem-27	68	33	pt	pt	NOUN
fbem-27	68	34	that	that	PRON
fbem-27	68	35	has	have	AUX
fbem-27	68	36	withdrawn	withdraw	VERB
fbem-27	68	37	from	from	ADP
fbem-27	68	38	the	the	DET
fbem-27	68	39	stage	stage	NOUN
fbem-27	68	40	of	of	ADP
fbem-27	68	41	history	history	NOUN
fbem-27	68	42	.	.	PUNCT
fbem-27	69	1	since	since	SCONJ
fbem-27	69	2	the	the	DET
fbem-27	69	3	issue	issue	NOUN
fbem-27	69	4	to	to	PART
fbem-27	69	5	be	be	AUX
fbem-27	69	6	studied	study	VERB
fbem-27	69	7	in	in	ADP
fbem-27	69	8	this	this	DET
fbem-27	69	9	article	article	NOUN
fbem-27	69	10	does	do	AUX
fbem-27	69	11	not	not	PART
fbem-27	69	12	involve	involve	VERB
fbem-27	69	13	the	the	DET
fbem-27	69	14	share	share	NOUN
fbem-27	69	15	-	-	PUNCT
fbem-27	69	16	trading	trading	NOUN
fbem-27	69	17	reform	reform	NOUN
fbem-27	69	18	,	,	PUNCT
fbem-27	69	19	it	it	PRON
fbem-27	69	20	only	only	ADV
fbem-27	69	21	focuses	focus	VERB
fbem-27	69	22	on	on	ADP
fbem-27	69	23	st	st	PROPN
fbem-27	69	24	and	and	CCONJ
fbem-27	69	25	*	*	PROPN
fbem-27	69	26	st	st	PROPN
fbem-27	69	27	enterprises	enterprise	NOUN
fbem-27	69	28	.	.	PUNCT
fbem-27	70	1	in	in	ADP
fbem-27	70	2	this	this	DET
fbem-27	70	3	article	article	NOUN
fbem-27	70	4	,	,	PUNCT
fbem-27	70	5	the	the	DET
fbem-27	70	6	starting	starting	NOUN
fbem-27	70	7	event	event	NOUN
fbem-27	70	8	refers	refer	VERB
fbem-27	70	9	to	to	ADP
fbem-27	70	10	the	the	DET
fbem-27	70	11	event	event	NOUN
fbem-27	70	12	that	that	PRON
fbem-27	70	13	the	the	DET
fbem-27	70	14	company	company	NOUN
fbem-27	70	15	is	be	AUX
fbem-27	70	16	implemented	implement	VERB
fbem-27	70	17	st	st	PROPN
fbem-27	70	18	,	,	PUNCT
fbem-27	70	19	and	and	CCONJ
fbem-27	70	20	the	the	DET
fbem-27	70	21	end	end	NOUN
fbem-27	70	22	event	event	NOUN
fbem-27	70	23	refers	refer	VERB
fbem-27	70	24	to	to	ADP
fbem-27	70	25	the	the	DET
fbem-27	70	26	event	event	NOUN
fbem-27	70	27	that	that	PRON
fbem-27	70	28	the	the	DET
fbem-27	70	29	st	st	PROPN
fbem-27	70	30	company	company	NOUN
fbem-27	70	31	removes	remove	VERB
fbem-27	70	32	its	its	PRON
fbem-27	70	33	cap	cap	NOUN
fbem-27	70	34	or	or	CCONJ
fbem-27	70	35	delists	delist	NOUN
fbem-27	70	36	.	.	PUNCT
fbem-27	71	1	survival	survival	PROPN
fbem-27	71	2	time	time	PROPN
fbem-27	71	3	refers	refer	VERB
fbem-27	71	4	to	to	ADP
fbem-27	71	5	the	the	DET
fbem-27	71	6	time	time	NOUN
fbem-27	71	7	a	a	DET
fbem-27	71	8	company	company	NOUN
fbem-27	71	9	has	have	AUX
fbem-27	71	10	experienced	experience	VERB
fbem-27	71	11	from	from	ADP
fbem-27	71	12	the	the	DET
fbem-27	71	13	implementation	implementation	NOUN
fbem-27	71	14	of	of	ADP
fbem-27	71	15	st	st	PROPN
fbem-27	71	16	to	to	ADP
fbem-27	71	17	the	the	DET
fbem-27	71	18	removal	removal	NOUN
fbem-27	71	19	of	of	ADP
fbem-27	71	20	caps	cap	NOUN
fbem-27	71	21	or	or	CCONJ
fbem-27	71	22	delisting	delisting	NOUN
fbem-27	71	23	.	.	PUNCT
fbem-27	72	1	it	it	PRON
fbem-27	72	2	mainly	mainly	ADV
fbem-27	72	3	involves	involve	VERB
fbem-27	72	4	right	right	ADJ
fbem-27	72	5	-	-	PUNCT
fbem-27	72	6	censored	censor	VERB
fbem-27	72	7	data	datum	NOUN
fbem-27	72	8	,	,	PUNCT
fbem-27	72	9	that	that	ADV
fbem-27	72	10	is	is	ADV
fbem-27	72	11	,	,	PUNCT
fbem-27	72	12	companies	company	NOUN
fbem-27	72	13	that	that	PRON
fbem-27	72	14	still	still	ADV
fbem-27	72	15	maintain	maintain	VERB
fbem-27	72	16	st	st	PROPN
fbem-27	72	17	within	within	ADP
fbem-27	72	18	the	the	DET
fbem-27	72	19	time	time	NOUN
fbem-27	72	20	frame	frame	NOUN
fbem-27	72	21	specified	specify	VERB
fbem-27	72	22	by	by	ADP
fbem-27	72	23	the	the	DET
fbem-27	72	24	research	research	NOUN
fbem-27	72	25	and	and	CCONJ
fbem-27	72	26	have	have	VERB
fbem-27	72	27	no	no	DET
fbem-27	72	28	decaps	decap	NOUN
fbem-27	72	29	or	or	CCONJ
fbem-27	72	30	delisting	delist	VERB
fbem-27	72	31	events	event	NOUN
fbem-27	72	32	.	.	PUNCT
fbem-27	73	1	figure	figure	NOUN
fbem-27	73	2	1	1	NUM
fbem-27	73	3	.	.	PUNCT
fbem-27	74	1	the	the	DET
fbem-27	74	2	removal	removal	NOUN
fbem-27	74	3	of	of	ADP
fbem-27	74	4	caps	cap	NOUN
fbem-27	74	5	by	by	ADP
fbem-27	74	6	st	st	PROPN
fbem-27	74	7	companies	company	NOUN
fbem-27	74	8	from	from	ADP
fbem-27	74	9	1998	1998	NUM
fbem-27	74	10	to	to	ADP
fbem-27	74	11	2019	2019	NUM
fbem-27	74	12	(	(	PUNCT
fbem-27	74	13	unit	unit	NOUN
fbem-27	74	14	:	:	PUNCT
fbem-27	74	15	units	unit	NOUN
fbem-27	74	16	)	)	PUNCT
fbem-27	74	17	figure	figure	NOUN
fbem-27	74	18	2	2	NUM
fbem-27	74	19	.	.	PUNCT
fbem-27	75	1	the	the	DET
fbem-27	75	2	delisting	delisting	NOUN
fbem-27	75	3	of	of	ADP
fbem-27	75	4	st	st	PROPN
fbem-27	75	5	companies	company	NOUN
fbem-27	75	6	from	from	ADP
fbem-27	75	7	1998	1998	NUM
fbem-27	75	8	to	to	ADP
fbem-27	75	9	2019	2019	NUM
fbem-27	75	10	(	(	PUNCT
fbem-27	75	11	unit	unit	NOUN
fbem-27	75	12	:	:	PUNCT
fbem-27	75	13	units	unit	NOUN
fbem-27	75	14	)	)	PUNCT
fbem-27	75	15	the	the	DET
fbem-27	75	16	observation	observation	NOUN
fbem-27	75	17	period	period	NOUN
fbem-27	75	18	is	be	AUX
fbem-27	75	19	set	set	VERB
fbem-27	75	20	from	from	ADP
fbem-27	75	21	1998	1998	NUM
fbem-27	75	22	to	to	PART
fbem-27	75	23	implement	implement	VERB
fbem-27	75	24	the	the	DET
fbem-27	75	25	special	special	ADJ
fbem-27	75	26	treatment	treatment	NOUN
fbem-27	75	27	policy	policy	NOUN
fbem-27	75	28	to	to	ADP
fbem-27	75	29	the	the	DET
fbem-27	75	30	end	end	NOUN
fbem-27	75	31	of	of	ADP
fbem-27	75	32	2019	2019	NUM
fbem-27	75	33	.	.	PUNCT
fbem-27	76	1	a	a	DET
fbem-27	76	2	total	total	NOUN
fbem-27	76	3	of	of	ADP
fbem-27	76	4	728	728	NUM
fbem-27	76	5	st	st	PROPN
fbem-27	76	6	companies	company	NOUN
fbem-27	76	7	have	have	AUX
fbem-27	76	8	become	become	VERB
fbem-27	76	9	effective	effective	ADJ
fbem-27	76	10	samples	sample	NOUN
fbem-27	76	11	.	.	PUNCT
fbem-27	77	1	for	for	ADP
fbem-27	77	2	all	all	DET
fbem-27	77	3	valid	valid	ADJ
fbem-27	77	4	samples	sample	NOUN
fbem-27	77	5	,	,	PUNCT
fbem-27	77	6	the	the	DET
fbem-27	77	7	starting	starting	NOUN
fbem-27	77	8	point	point	NOUN
fbem-27	77	9	of	of	ADP
fbem-27	77	10	the	the	DET
fbem-27	77	11	survival	survival	NOUN
fbem-27	77	12	time	time	NOUN
fbem-27	77	13	is	be	AUX
fbem-27	77	14	the	the	DET
fbem-27	77	15	date	date	NOUN
fbem-27	77	16	when	when	SCONJ
fbem-27	77	17	st	st	PROPN
fbem-27	77	18	is	be	AUX
fbem-27	77	19	implemented	implement	VERB
fbem-27	77	20	,	,	PUNCT
fbem-27	77	21	and	and	CCONJ
fbem-27	77	22	the	the	DET
fbem-27	77	23	end	end	NOUN
fbem-27	77	24	point	point	NOUN
fbem-27	77	25	is	be	AUX
fbem-27	77	26	the	the	DET
fbem-27	77	27	occurrence	occurrence	NOUN
fbem-27	77	28	of	of	ADP
fbem-27	77	29	the	the	DET
fbem-27	77	30	uncap	uncap	NOUN
fbem-27	77	31	event	event	NOUN
fbem-27	77	32	.	.	PUNCT
fbem-27	78	1	st	st	PROPN
fbem-27	78	2	companies	company	NOUN
fbem-27	78	3	that	that	PRON
fbem-27	78	4	have	have	AUX
fbem-27	78	5	removed	remove	VERB
fbem-27	78	6	their	their	PRON
fbem-27	78	7	caps	cap	NOUN
fbem-27	78	8	during	during	ADP
fbem-27	78	9	the	the	DET
fbem-27	78	10	observation	observation	NOUN
fbem-27	78	11	period	period	NOUN
fbem-27	78	12	are	be	AUX
fbem-27	78	13	uncensored	uncensored	ADJ
fbem-27	78	14	samples	sample	NOUN
fbem-27	78	15	.	.	PUNCT
fbem-27	79	1	if	if	SCONJ
fbem-27	79	2	they	they	PRON
fbem-27	79	3	have	have	AUX
fbem-27	79	4	not	not	PART
fbem-27	79	5	removed	remove	VERB
fbem-27	79	6	their	their	PRON
fbem-27	79	7	caps	cap	NOUN
fbem-27	79	8	and	and	CCONJ
fbem-27	79	9	have	have	AUX
fbem-27	79	10	not	not	PART
fbem-27	79	11	delisted	delist	VERB
fbem-27	79	12	by	by	ADP
fbem-27	79	13	the	the	DET
fbem-27	79	14	end	end	NOUN
fbem-27	79	15	of	of	ADP
fbem-27	79	16	the	the	DET
fbem-27	79	17	observation	observation	NOUN
fbem-27	79	18	period	period	NOUN
fbem-27	79	19	,	,	PUNCT
fbem-27	79	20	they	they	PRON
fbem-27	79	21	are	be	AUX
fbem-27	79	22	censored	censored	ADJ
fbem-27	79	23	samples	sample	NOUN
fbem-27	79	24	.	.	PUNCT
fbem-27	80	1	the	the	DET
fbem-27	80	2	selected	select	VERB
fbem-27	80	3	sample	sample	NOUN
fbem-27	80	4	does	do	AUX
fbem-27	80	5	not	not	PART
fbem-27	80	6	include	include	VERB
fbem-27	80	7	st	st	PROPN
fbem-27	80	8	companies	company	NOUN
fbem-27	80	9	that	that	PRON
fbem-27	80	10	have	have	AUX
fbem-27	80	11	delisted	delist	VERB
fbem-27	80	12	during	during	ADP
fbem-27	80	13	the	the	DET
fbem-27	80	14	observation	observation	NOUN
fbem-27	80	15	period	period	NOUN
fbem-27	80	16	.	.	PUNCT
fbem-27	81	1	assuming	assume	VERB
fbem-27	81	2	that	that	SCONJ
fbem-27	81	3	the	the	DET
fbem-27	81	4	survival	survival	NOUN
fbem-27	81	5	time	time	NOUN
fbem-27	81	6	is	be	AUX
fbem-27	81	7	one	one	NUM
fbem-27	81	8	year	year	NOUN
fbem-27	81	9	as	as	ADP
fbem-27	81	10	a	a	DET
fbem-27	81	11	unit	unit	NOUN
fbem-27	81	12	,	,	PUNCT
fbem-27	81	13	the	the	DET
fbem-27	81	14	entire	entire	ADJ
fbem-27	81	15	observation	observation	NOUN
fbem-27	81	16	period	period	NOUN
fbem-27	81	17	is	be	AUX
fbem-27	81	18	divided	divide	VERB
fbem-27	81	19	into	into	ADP
fbem-27	81	20	22	22	NUM
fbem-27	81	21	time	time	NOUN
fbem-27	81	22	intervals	interval	NOUN
fbem-27	81	23	,	,	PUNCT
fbem-27	81	24	and	and	CCONJ
fbem-27	81	25	the	the	DET
fbem-27	81	26	number	number	NOUN
fbem-27	81	27	of	of	ADP
fbem-27	81	28	st	st	PROPN
fbem-27	81	29	companies	company	NOUN
fbem-27	81	30	that	that	PRON
fbem-27	81	31	have	have	VERB
fbem-27	81	32	uncapped	uncapped	ADJ
fbem-27	81	33	incidents	incident	NOUN
fbem-27	81	34	is	be	AUX
fbem-27	81	35	defined	define	VERB
fbem-27	81	36	as	as	ADP
fbem-27	81	37	the	the	DET
fbem-27	81	38	"	"	PUNCT
fbem-27	81	39	number	number	NOUN
fbem-27	81	40	of	of	ADP
fbem-27	81	41	deaths	death	NOUN
fbem-27	81	42	.	.	PUNCT
fbem-27	81	43	"	"	PUNCT
fbem-27	82	1	enter	enter	VERB
fbem-27	82	2	the	the	DET
fbem-27	82	3	number	number	NOUN
fbem-27	82	4	of	of	ADP
fbem-27	82	5	censorships	censorship	NOUN
fbem-27	82	6	and	and	CCONJ
fbem-27	82	7	deaths	death	NOUN
fbem-27	82	8	in	in	ADP
fbem-27	82	9	each	each	DET
fbem-27	82	10	time	time	NOUN
fbem-27	82	11	interval	interval	NOUN
fbem-27	82	12	based	base	VERB
fbem-27	82	13	on	on	ADP
fbem-27	82	14	the	the	DET
fbem-27	82	15	statistics	statistic	NOUN
fbem-27	82	16	of	of	ADP
fbem-27	82	17	the	the	DET
fbem-27	82	18	csmar	csmar	PROPN
fbem-27	82	19	database	database	NOUN
fbem-27	82	20	into	into	ADP
fbem-27	82	21	the	the	DET
fbem-27	82	22	spss	spss	PROPN
fbem-27	82	23	software	software	NOUN
fbem-27	82	24	,	,	PUNCT
fbem-27	82	25	use	use	VERB
fbem-27	82	26	the	the	DET
fbem-27	82	27	life	life	NOUN
fbem-27	82	28	table	table	NOUN
fbem-27	82	29	method	method	NOUN
fbem-27	82	30	to	to	PART
fbem-27	82	31	analyze	analyze	VERB
fbem-27	82	32	,	,	PUNCT
fbem-27	82	33	and	and	CCONJ
fbem-27	82	34	obtain	obtain	VERB
fbem-27	82	35	the	the	DET
fbem-27	82	36	life	life	NOUN
fbem-27	82	37	table	table	NOUN
fbem-27	82	38	in	in	ADP
fbem-27	82	39	table	table	NOUN
fbem-27	82	40	2	2	NUM
fbem-27	82	41	:	:	SYM
fbem-27	82	42	4	4	NUM
fbem-27	82	43	table	table	NOUN
fbem-27	82	44	2	2	NUM
fbem-27	82	45	.	.	PUNCT
fbem-27	83	1	the	the	DET
fbem-27	83	2	life	life	NOUN
fbem-27	83	3	table	table	NOUN
fbem-27	83	4	of	of	ADP
fbem-27	83	5	the	the	DET
fbem-27	83	6	incidents	incident	NOUN
fbem-27	83	7	of	of	ADP
fbem-27	83	8	st	st	NOUN
fbem-27	83	9	enterprise	enterprise	NOUN
fbem-27	83	10	decaps	decap	NOUN
fbem-27	83	11	survival	survival	NOUN
fbem-27	83	12	time	time	NOUN
fbem-27	83	13	interval	interval	NOUN
fbem-27	83	14	(	(	PUNCT
fbem-27	83	15	year	year	NOUN
fbem-27	83	16	)	)	PUNCT
fbem-27	83	17	number	number	NOUN
fbem-27	83	18	of	of	ADP
fbem-27	83	19	deaths	death	NOUN
fbem-27	83	20	censoring	censor	VERB
fbem-27	83	21	number	number	NOUN
fbem-27	83	22	number	number	NOUN
fbem-27	83	23	of	of	ADP
fbem-27	83	24	effective	effective	ADJ
fbem-27	83	25	samples	sample	NOUN
fbem-27	83	26	at	at	ADP
fbem-27	83	27	the	the	DET
fbem-27	83	28	beginning	beginning	NOUN
fbem-27	83	29	of	of	ADP
fbem-27	83	30	the	the	DET
fbem-27	83	31	period	period	NOUN
fbem-27	83	32	mortality	mortality	NOUN
fbem-27	83	33	rate	rate	NOUN
fbem-27	83	34	survival	survival	PROPN
fbem-27	83	35	rate	rate	PROPN
fbem-27	83	36	cumulative	cumulative	ADJ
fbem-27	83	37	survival	survival	NOUN
fbem-27	83	38	rate	rate	NOUN
fbem-27	83	39	at	at	ADP
fbem-27	83	40	the	the	DET
fbem-27	83	41	end	end	NOUN
fbem-27	83	42	of	of	ADP
fbem-27	83	43	the	the	DET
fbem-27	83	44	period	period	NOUN
fbem-27	83	45	risk	risk	NOUN
fbem-27	83	46	rate	rate	NOUN
fbem-27	83	47	(	(	PUNCT
fbem-27	83	48	0,1	0,1	NUM
fbem-27	83	49	]	]	SYM
fbem-27	83	50	139	139	NUM
fbem-27	84	1	39	39	NUM
fbem-27	84	2	728	728	NUM
fbem-27	84	3	0.20	0.20	NUM
fbem-27	84	4	0.80	0.80	NUM
fbem-27	84	5	0.80	0.80	NUM
fbem-27	84	6	0.22	0.22	NUM
fbem-27	84	7	(	(	PUNCT
fbem-27	84	8	1,2	1,2	NUM
fbem-27	84	9	]	]	SYM
fbem-27	84	10	191	191	NUM
fbem-27	84	11	11	11	NUM
fbem-27	84	12	550	550	NUM
fbem-27	84	13	0.35	0.35	NUM
fbem-27	84	14	0.65	0.65	NUM
fbem-27	84	15	0.52	0.52	NUM
fbem-27	84	16	0.43	0.43	NUM
fbem-27	84	17	(	(	PUNCT
fbem-27	84	18	2,3	2,3	NUM
fbem-27	84	19	]	]	SYM
fbem-27	84	20	56	56	NUM
fbem-27	84	21	6	6	NUM
fbem-27	84	22	348	348	NUM
fbem-27	84	23	0.16	0.16	NUM
fbem-27	84	24	0.84	0.84	NUM
fbem-27	84	25	0.44	0.44	NUM
fbem-27	84	26	0.18	0.18	NUM
fbem-27	84	27	(	(	PUNCT
fbem-27	84	28	3,4	3,4	NUM
fbem-27	84	29	]	]	PUNCT
fbem-27	84	30	36	36	NUM
fbem-27	84	31	5	5	NUM
fbem-27	84	32	286	286	NUM
fbem-27	84	33	0.13	0.13	NUM
fbem-27	84	34	0.87	0.87	NUM
fbem-27	84	35	0.38	0.38	NUM
fbem-27	84	36	0.14	0.14	NUM
fbem-27	84	37	(	(	PUNCT
fbem-27	84	38	4,5	4,5	NUM
fbem-27	84	39	]	]	SYM
fbem-27	84	40	30	30	NUM
fbem-27	84	41	3	3	NUM
fbem-27	84	42	245	245	NUM
fbem-27	84	43	0.12	0.12	NUM
fbem-27	84	44	0.88	0.88	NUM
fbem-27	84	45	0.33	0.33	NUM
fbem-27	84	46	0.13	0.13	NUM
fbem-27	84	47	(	(	PUNCT
fbem-27	84	48	5,6	5,6	NUM
fbem-27	84	49	]	]	SYM
fbem-27	84	50	25	25	NUM
fbem-27	84	51	1	1	NUM
fbem-27	84	52	212	212	NUM
fbem-27	84	53	0.12	0.12	NUM
fbem-27	84	54	0.88	0.88	NUM
fbem-27	84	55	0.30	0.30	NUM
fbem-27	84	56	0.13	0.13	NUM
fbem-27	84	57	(	(	PUNCT
fbem-27	84	58	6,7	6,7	NUM
fbem-27	84	59	]	]	SYM
fbem-27	84	60	13	13	NUM
fbem-27	84	61	1	1	NUM
fbem-27	84	62	186	186	NUM
fbem-27	84	63	0.07	0.07	NUM
fbem-27	84	64	0.93	0.93	NUM
fbem-27	84	65	0.27	0.27	NUM
fbem-27	84	66	0.07	0.07	NUM
fbem-27	84	67	(	(	PUNCT
fbem-27	84	68	7,8	7,8	NUM
fbem-27	84	69	]	]	SYM
fbem-27	84	70	7	7	NUM
fbem-27	84	71	2	2	NUM
fbem-27	84	72	172	172	NUM
fbem-27	84	73	0.04	0.04	NUM
fbem-27	84	74	0.96	0.96	NUM
fbem-27	84	75	0.26	0.26	NUM
fbem-27	84	76	0.04	0.04	NUM
fbem-27	84	77	(	(	PUNCT
fbem-27	84	78	8,9	8,9	NUM
fbem-27	84	79	]	]	SYM
fbem-27	84	80	8	8	NUM
fbem-27	84	81	6	6	NUM
fbem-27	84	82	163	163	NUM
fbem-27	84	83	0.05	0.05	NUM
fbem-27	84	84	0.95	0.95	NUM
fbem-27	84	85	0.25	0.25	NUM
fbem-27	84	86	0.05	0.05	NUM
fbem-27	84	87	(	(	PUNCT
fbem-27	84	88	9,10	9,10	NUM
fbem-27	84	89	]	]	SYM
fbem-27	84	90	3	3	NUM
fbem-27	84	91	6	6	NUM
fbem-27	84	92	149	149	NUM
fbem-27	84	93	0.02	0.02	NUM
fbem-27	84	94	0.98	0.98	NUM
fbem-27	84	95	0.24	0.24	NUM
fbem-27	84	96	0.02	0.02	NUM
fbem-27	84	97	(	(	PUNCT
fbem-27	84	98	10,11	10,11	NOUN
fbem-27	84	99	]	]	SYM
fbem-27	84	100	1	1	NUM
fbem-27	84	101	5	5	NUM
fbem-27	84	102	140	140	NUM
fbem-27	84	103	0.01	0.01	NUM
fbem-27	84	104	0.99	0.99	NUM
fbem-27	84	105	0.24	0.24	NUM
fbem-27	84	106	0.01	0.01	NUM
fbem-27	84	107	(	(	PUNCT
fbem-27	84	108	11,12	11,12	NUM
fbem-27	84	109	]	]	PUNCT
fbem-27	84	110	0	0	NUM
fbem-27	84	111	20	20	NUM
fbem-27	84	112	134	134	NUM
fbem-27	84	113	0.00	0.00	NUM
fbem-27	84	114	1.00	1.00	NUM
fbem-27	84	115	0.24	0.24	NUM
fbem-27	84	116	0.00	0.00	NUM
fbem-27	84	117	(	(	PUNCT
fbem-27	84	118	12,13	12,13	NUM
fbem-27	84	119	]	]	SYM
fbem-27	84	120	3	3	NUM
fbem-27	84	121	16	16	NUM
fbem-27	84	122	114	114	NUM
fbem-27	84	123	0.03	0.03	NUM
fbem-27	84	124	0.97	0.97	NUM
fbem-27	84	125	0.24	0.24	NUM
fbem-27	84	126	0.03	0.03	NUM
fbem-27	84	127	(	(	PUNCT
fbem-27	84	128	13,14	13,14	NUM
fbem-27	84	129	]	]	SYM
fbem-27	84	130	0	0	NUM
fbem-27	84	131	7	7	NUM
fbem-27	84	132	95	95	NUM
fbem-27	84	133	0.00	0.00	NUM
fbem-27	84	134	1.00	1.00	NUM
fbem-27	84	135	0.24	0.24	NUM
fbem-27	84	136	0.00	0.00	NUM
fbem-27	84	137	(	(	PUNCT
fbem-27	84	138	14,15	14,15	NUM
fbem-27	84	139	]	]	SYM
fbem-27	84	140	1	1	NUM
fbem-27	84	141	11	11	NUM
fbem-27	84	142	88	88	NUM
fbem-27	84	143	0.01	0.01	NUM
fbem-27	84	144	0.99	0.99	NUM
fbem-27	84	145	0.23	0.23	NUM
fbem-27	84	146	0.01	0.01	NUM
fbem-27	84	147	(	(	PUNCT
fbem-27	84	148	15,16	15,16	NUM
fbem-27	84	149	]	]	SYM
fbem-27	84	150	0	0	NUM
fbem-27	84	151	28	28	NUM
fbem-27	84	152	76	76	NUM
fbem-27	84	153	0.00	0.00	NUM
fbem-27	84	154	1.00	1.00	NUM
fbem-27	84	155	0.23	0.23	NUM
fbem-27	84	156	0.00	0.00	NUM
fbem-27	84	157	(	(	PUNCT
fbem-27	84	158	16,17	16,17	NUM
fbem-27	84	159	]	]	PUNCT
fbem-27	84	160	0	0	NUM
fbem-27	84	161	14	14	NUM
fbem-27	84	162	48	48	NUM
fbem-27	84	163	0.00	0.00	NUM
fbem-27	84	164	1.00	1.00	NUM
fbem-27	84	165	0.23	0.23	NUM
fbem-27	84	166	0.00	0.00	NUM
fbem-27	84	167	(	(	PUNCT
fbem-27	84	168	17,18	17,18	NUM
fbem-27	84	169	]	]	SYM
fbem-27	84	170	0	0	NUM
fbem-27	84	171	8	8	NUM
fbem-27	84	172	34	34	NUM
fbem-27	84	173	0.00	0.00	NUM
fbem-27	84	174	1.00	1.00	NUM
fbem-27	84	175	0.23	0.23	NUM
fbem-27	84	176	0.00	0.00	NUM
fbem-27	84	177	(	(	PUNCT
fbem-27	84	178	18,19	18,19	NUM
fbem-27	84	179	]	]	SYM
fbem-27	84	180	0	0	NUM
fbem-27	84	181	6	6	NUM
fbem-27	84	182	26	26	NUM
fbem-27	84	183	0.00	0.00	NUM
fbem-27	84	184	1.00	1.00	NUM
fbem-27	84	185	0.23	0.23	NUM
fbem-27	84	186	0.00	0.00	NUM
fbem-27	84	187	(	(	PUNCT
fbem-27	84	188	19,20	19,20	NUM
fbem-27	84	189	]	]	SYM
fbem-27	84	190	0	0	NUM
fbem-27	84	191	6	6	NUM
fbem-27	84	192	20	20	NUM
fbem-27	84	193	0.00	0.00	NUM
fbem-27	84	194	1.00	1.00	NUM
fbem-27	84	195	0.23	0.23	NUM
fbem-27	84	196	0.00	0.00	NUM
fbem-27	84	197	(	(	PUNCT
fbem-27	84	198	20,21	20,21	NUM
fbem-27	84	199	]	]	PUNCT
fbem-27	84	200	0	0	NUM
fbem-27	84	201	9	9	NUM
fbem-27	84	202	14	14	NUM
fbem-27	84	203	0.00	0.00	NUM
fbem-27	84	204	1.00	1.00	NUM
fbem-27	84	205	0.23	0.23	NUM
fbem-27	84	206	0.00	0.00	NUM
fbem-27	84	207	(	(	PUNCT
fbem-27	84	208	21,22	21,22	NOUN
fbem-27	84	209	]	]	SYM
fbem-27	84	210	0	0	NUM
fbem-27	84	211	5	5	NUM
fbem-27	84	212	5	5	NUM
fbem-27	84	213	0.00	0.00	NUM
fbem-27	84	214	1.00	1.00	NUM
fbem-27	84	215	0.23	0.23	NUM
fbem-27	84	216	0.00	0.00	NUM
fbem-27	84	217	note	note	NOUN
fbem-27	84	218	:	:	PUNCT
fbem-27	84	219	the	the	DET
fbem-27	84	220	median	median	ADJ
fbem-27	84	221	survival	survival	NOUN
fbem-27	84	222	analysis	analysis	NOUN
fbem-27	84	223	time	time	NOUN
fbem-27	84	224	is	be	AUX
fbem-27	84	225	2.26	2.26	NUM
fbem-27	84	226	it	it	PRON
fbem-27	84	227	is	be	AUX
fbem-27	84	228	found	find	VERB
fbem-27	84	229	from	from	ADP
fbem-27	84	230	table	table	NOUN
fbem-27	84	231	2	2	NUM
fbem-27	84	232	that	that	SCONJ
fbem-27	84	233	the	the	DET
fbem-27	84	234	probability	probability	NOUN
fbem-27	84	235	of	of	ADP
fbem-27	84	236	a	a	DET
fbem-27	84	237	listed	list	VERB
fbem-27	84	238	company	company	NOUN
fbem-27	84	239	's	's	PART
fbem-27	84	240	realization	realization	NOUN
fbem-27	84	241	of	of	ADP
fbem-27	84	242	a	a	DET
fbem-27	84	243	capping	cap	VERB
fbem-27	84	244	event	event	NOUN
fbem-27	84	245	after	after	ADP
fbem-27	84	246	special	special	ADJ
fbem-27	84	247	treatment	treatment	NOUN
fbem-27	84	248	is	be	AUX
fbem-27	84	249	first	first	ADV
fbem-27	84	250	increased	increase	VERB
fbem-27	84	251	and	and	CCONJ
fbem-27	84	252	then	then	ADV
fbem-27	84	253	decreased	decrease	VERB
fbem-27	84	254	,	,	PUNCT
fbem-27	84	255	reaching	reach	VERB
fbem-27	84	256	a	a	DET
fbem-27	84	257	peak	peak	NOUN
fbem-27	84	258	in	in	ADP
fbem-27	84	259	the	the	DET
fbem-27	84	260	second	second	ADJ
fbem-27	84	261	year	year	NOUN
fbem-27	84	262	after	after	ADP
fbem-27	84	263	st	st	PROPN
fbem-27	84	264	,	,	PUNCT
fbem-27	84	265	and	and	CCONJ
fbem-27	84	266	it	it	PRON
fbem-27	84	267	can	can	AUX
fbem-27	84	268	be	be	AUX
fbem-27	84	269	inferred	infer	VERB
fbem-27	84	270	from	from	ADP
fbem-27	84	271	the	the	DET
fbem-27	84	272	median	median	ADJ
fbem-27	84	273	survival	survival	NOUN
fbem-27	84	274	time	time	NOUN
fbem-27	84	275	of	of	ADP
fbem-27	84	276	2.26	2.26	NUM
fbem-27	84	277	that	that	PRON
fbem-27	84	278	the	the	DET
fbem-27	84	279	probability	probability	NOUN
fbem-27	84	280	of	of	ADP
fbem-27	84	281	a	a	DET
fbem-27	84	282	capping	capping	NOUN
fbem-27	84	283	event	event	NOUN
fbem-27	84	284	the	the	DET
fbem-27	84	285	occurrence	occurrence	NOUN
fbem-27	84	286	time	time	NOUN
fbem-27	84	287	is	be	AUX
fbem-27	84	288	generally	generally	ADV
fbem-27	84	289	concentrated	concentrate	VERB
fbem-27	84	290	in	in	ADP
fbem-27	84	291	the	the	DET
fbem-27	84	292	second	second	ADJ
fbem-27	84	293	year	year	NOUN
fbem-27	84	294	after	after	SCONJ
fbem-27	84	295	st	st	PROPN
fbem-27	84	296	.	.	PROPN
fbem-27	84	297	starting	start	VERB
fbem-27	84	298	from	from	ADP
fbem-27	84	299	the	the	DET
fbem-27	84	300	second	second	ADJ
fbem-27	84	301	year	year	NOUN
fbem-27	84	302	,	,	PUNCT
fbem-27	84	303	the	the	DET
fbem-27	84	304	probability	probability	NOUN
fbem-27	84	305	of	of	ADP
fbem-27	84	306	removing	remove	VERB
fbem-27	84	307	the	the	DET
fbem-27	84	308	cap	cap	NOUN
fbem-27	84	309	decreases	decrease	VERB
fbem-27	84	310	year	year	NOUN
fbem-27	84	311	by	by	ADP
fbem-27	84	312	year	year	NOUN
fbem-27	84	313	,	,	PUNCT
fbem-27	84	314	corresponding	correspond	VERB
fbem-27	84	315	to	to	ADP
fbem-27	84	316	the	the	DET
fbem-27	84	317	slowdown	slowdown	NOUN
fbem-27	84	318	of	of	ADP
fbem-27	84	319	the	the	DET
fbem-27	84	320	cumulative	cumulative	ADJ
fbem-27	84	321	survival	survival	NOUN
fbem-27	84	322	rate	rate	NOUN
fbem-27	84	323	at	at	ADP
fbem-27	84	324	the	the	DET
fbem-27	84	325	end	end	NOUN
fbem-27	84	326	of	of	ADP
fbem-27	84	327	the	the	DET
fbem-27	84	328	period	period	NOUN
fbem-27	84	329	.	.	PUNCT
fbem-27	85	1	in	in	ADP
fbem-27	85	2	the	the	DET
fbem-27	85	3	sixth	sixth	ADJ
fbem-27	85	4	year	year	NOUN
fbem-27	85	5	and	and	CCONJ
fbem-27	85	6	beyond	beyond	ADP
fbem-27	85	7	,	,	PUNCT
fbem-27	85	8	few	few	ADJ
fbem-27	85	9	st	st	PROPN
fbem-27	85	10	companies	company	NOUN
fbem-27	85	11	can	can	AUX
fbem-27	85	12	complete	complete	VERB
fbem-27	85	13	the	the	DET
fbem-27	85	14	decap	decap	NOUN
fbem-27	85	15	.	.	PUNCT
fbem-27	86	1	figure	figure	NOUN
fbem-27	86	2	3	3	NUM
fbem-27	86	3	.	.	PUNCT
fbem-27	86	4	survival	survival	PROPN
fbem-27	86	5	function	function	PROPN
fbem-27	86	6	diagram	diagram	NOUN
fbem-27	86	7	of	of	ADP
fbem-27	86	8	the	the	DET
fbem-27	86	9	st	st	PROPN
fbem-27	86	10	company	company	NOUN
fbem-27	86	11	's	's	PART
fbem-27	86	12	decap	decap	NOUN
fbem-27	86	13	event	event	NOUN
fbem-27	86	14	according	accord	VERB
fbem-27	86	15	to	to	ADP
fbem-27	86	16	the	the	DET
fbem-27	86	17	analysis	analysis	NOUN
fbem-27	86	18	results	result	NOUN
fbem-27	86	19	of	of	ADP
fbem-27	86	20	the	the	DET
fbem-27	86	21	life	life	NOUN
fbem-27	86	22	table	table	NOUN
fbem-27	86	23	,	,	PUNCT
fbem-27	86	24	the	the	DET
fbem-27	86	25	following	follow	VERB
fbem-27	86	26	inferences	inference	NOUN
fbem-27	86	27	can	can	AUX
fbem-27	86	28	be	be	AUX
fbem-27	86	29	made	make	VERB
fbem-27	86	30	:	:	PUNCT
fbem-27	86	31	once	once	SCONJ
fbem-27	86	32	most	most	ADJ
fbem-27	86	33	listed	list	VERB
fbem-27	86	34	companies	company	NOUN
fbem-27	86	35	are	be	AUX
fbem-27	86	36	subject	subject	ADJ
fbem-27	86	37	to	to	ADP
fbem-27	86	38	special	special	ADJ
fbem-27	86	39	treatment	treatment	NOUN
fbem-27	86	40	,	,	PUNCT
fbem-27	86	41	they	they	PRON
fbem-27	86	42	will	will	AUX
fbem-27	86	43	have	have	VERB
fbem-27	86	44	a	a	DET
fbem-27	86	45	sense	sense	NOUN
fbem-27	86	46	of	of	ADP
fbem-27	86	47	crisis	crisis	NOUN
fbem-27	86	48	and	and	CCONJ
fbem-27	86	49	actively	actively	ADV
fbem-27	86	50	carry	carry	VERB
fbem-27	86	51	out	out	ADP
fbem-27	86	52	rectification	rectification	NOUN
fbem-27	86	53	and	and	CCONJ
fbem-27	86	54	improvement	improvement	NOUN
fbem-27	86	55	of	of	ADP
fbem-27	86	56	business	business	NOUN
fbem-27	86	57	methods	method	NOUN
fbem-27	86	58	.	.	PUNCT
fbem-27	87	1	this	this	DET
fbem-27	87	2	process	process	NOUN
fbem-27	87	3	takes	take	VERB
fbem-27	87	4	about	about	ADV
fbem-27	87	5	one	one	NUM
fbem-27	87	6	to	to	ADP
fbem-27	87	7	two	two	NUM
fbem-27	87	8	years	year	NOUN
fbem-27	87	9	,	,	PUNCT
fbem-27	87	10	so	so	CCONJ
fbem-27	87	11	in	in	ADP
fbem-27	87	12	the	the	DET
fbem-27	87	13	initial	initial	ADJ
fbem-27	87	14	stage	stage	NOUN
fbem-27	87	15	of	of	ADP
fbem-27	87	16	st	st	PROPN
fbem-27	87	17	there	there	PRON
fbem-27	87	18	are	be	VERB
fbem-27	87	19	many	many	ADJ
fbem-27	87	20	5	5	NUM
fbem-27	87	21	companies	company	NOUN
fbem-27	87	22	that	that	PRON
fbem-27	87	23	have	have	AUX
fbem-27	87	24	removed	remove	VERB
fbem-27	87	25	their	their	PRON
fbem-27	87	26	caps	cap	NOUN
fbem-27	87	27	in	in	ADP
fbem-27	87	28	two	two	NUM
fbem-27	87	29	years	year	NOUN
fbem-27	87	30	;	;	PUNCT
fbem-27	87	31	if	if	SCONJ
fbem-27	87	32	st	st	PROPN
fbem-27	87	33	companies	company	NOUN
fbem-27	87	34	do	do	AUX
fbem-27	87	35	not	not	PART
fbem-27	87	36	take	take	VERB
fbem-27	87	37	measures	measure	NOUN
fbem-27	87	38	to	to	PART
fbem-27	87	39	restore	restore	VERB
fbem-27	87	40	their	their	PRON
fbem-27	87	41	loss	loss	NOUN
fbem-27	87	42	-	-	PUNCT
fbem-27	87	43	making	make	VERB
fbem-27	87	44	operations	operation	NOUN
fbem-27	87	45	within	within	ADP
fbem-27	87	46	three	three	NUM
fbem-27	87	47	years	year	NOUN
fbem-27	87	48	,	,	PUNCT
fbem-27	87	49	they	they	PRON
fbem-27	87	50	will	will	AUX
fbem-27	87	51	face	face	VERB
fbem-27	87	52	delisting	delist	VERB
fbem-27	87	53	warnings	warning	NOUN
fbem-27	87	54	or	or	CCONJ
fbem-27	87	55	direct	direct	ADJ
fbem-27	87	56	delisting	delisting	NOUN
fbem-27	87	57	,	,	PUNCT
fbem-27	87	58	so	so	CCONJ
fbem-27	87	59	the	the	DET
fbem-27	87	60	number	number	NOUN
fbem-27	87	61	of	of	ADP
fbem-27	87	62	companies	company	NOUN
fbem-27	87	63	that	that	PRON
fbem-27	87	64	have	have	AUX
fbem-27	87	65	removed	remove	VERB
fbem-27	87	66	their	their	PRON
fbem-27	87	67	caps	cap	NOUN
fbem-27	87	68	in	in	ADP
fbem-27	87	69	the	the	DET
fbem-27	87	70	third	third	ADJ
fbem-27	87	71	year	year	NOUN
fbem-27	87	72	after	after	SCONJ
fbem-27	87	73	st	st	PROPN
fbem-27	87	74	will	will	AUX
fbem-27	87	75	be	be	AUX
fbem-27	87	76	greatly	greatly	ADV
fbem-27	87	77	reduced	reduce	VERB
fbem-27	87	78	.	.	PUNCT
fbem-27	88	1	,	,	PUNCT
fbem-27	88	2	when	when	SCONJ
fbem-27	88	3	listed	list	VERB
fbem-27	88	4	companies	company	NOUN
fbem-27	88	5	have	have	AUX
fbem-27	88	6	been	be	AUX
fbem-27	88	7	implemented	implement	VERB
fbem-27	88	8	st	st	PROPN
fbem-27	88	9	for	for	ADP
fbem-27	88	10	more	more	ADJ
fbem-27	88	11	than	than	ADP
fbem-27	88	12	10	10	NUM
fbem-27	88	13	years	year	NOUN
fbem-27	88	14	,	,	PUNCT
fbem-27	88	15	there	there	PRON
fbem-27	88	16	is	be	VERB
fbem-27	88	17	basically	basically	ADV
fbem-27	88	18	no	no	DET
fbem-27	88	19	possibility	possibility	NOUN
fbem-27	88	20	of	of	ADP
fbem-27	88	21	removing	remove	VERB
fbem-27	88	22	their	their	PRON
fbem-27	88	23	caps	cap	NOUN
fbem-27	88	24	,	,	PUNCT
fbem-27	88	25	and	and	CCONJ
fbem-27	88	26	they	they	PRON
fbem-27	88	27	can	can	AUX
fbem-27	88	28	only	only	ADV
fbem-27	88	29	be	be	AUX
fbem-27	88	30	ordered	order	VERB
fbem-27	88	31	to	to	PART
fbem-27	88	32	delist	delist	VERB
fbem-27	88	33	by	by	ADP
fbem-27	88	34	the	the	DET
fbem-27	88	35	securities	securities	PROPN
fbem-27	88	36	regulatory	regulatory	PROPN
fbem-27	88	37	commission	commission	PROPN
fbem-27	88	38	.	.	PUNCT
fbem-27	89	1	the	the	DET
fbem-27	89	2	above	above	ADJ
fbem-27	89	3	conclusion	conclusion	NOUN
fbem-27	89	4	can	can	AUX
fbem-27	89	5	also	also	ADV
fbem-27	89	6	be	be	AUX
fbem-27	89	7	drawn	draw	VERB
fbem-27	89	8	from	from	ADP
fbem-27	89	9	figure	figure	NOUN
fbem-27	89	10	3	3	NUM
fbem-27	89	11	and	and	CCONJ
fbem-27	89	12	figure	figure	VERB
fbem-27	89	13	4	4	NUM
fbem-27	89	14	.	.	PUNCT
fbem-27	90	1	figure	figure	NOUN
fbem-27	90	2	3	3	NUM
fbem-27	90	3	is	be	AUX
fbem-27	90	4	a	a	DET
fbem-27	90	5	broken	broken	ADJ
fbem-27	90	6	line	line	NOUN
fbem-27	90	7	that	that	PRON
fbem-27	90	8	gradually	gradually	ADV
fbem-27	90	9	changes	change	VERB
fbem-27	90	10	from	from	ADP
fbem-27	90	11	steep	steep	ADJ
fbem-27	90	12	to	to	ADP
fbem-27	90	13	slow	slow	ADJ
fbem-27	90	14	,	,	PUNCT
fbem-27	90	15	which	which	PRON
fbem-27	90	16	corresponds	correspond	VERB
fbem-27	90	17	to	to	ADP
fbem-27	90	18	the	the	DET
fbem-27	90	19	characteristic	characteristic	NOUN
fbem-27	90	20	that	that	SCONJ
fbem-27	90	21	the	the	DET
fbem-27	90	22	frequency	frequency	NOUN
fbem-27	90	23	of	of	ADP
fbem-27	90	24	st	st	PROPN
fbem-27	90	25	companies	company	NOUN
fbem-27	90	26	'	'	PART
fbem-27	90	27	uncapped	uncapped	ADJ
fbem-27	90	28	incidents	incident	NOUN
fbem-27	90	29	is	be	AUX
fbem-27	90	30	generally	generally	ADV
fbem-27	90	31	high	high	ADJ
fbem-27	90	32	and	and	CCONJ
fbem-27	90	33	then	then	ADV
fbem-27	90	34	low	low	ADJ
fbem-27	90	35	;	;	PUNCT
fbem-27	90	36	figure	figure	NOUN
fbem-27	90	37	4	4	NUM
fbem-27	90	38	is	be	AUX
fbem-27	90	39	a	a	DET
fbem-27	90	40	broken	broken	ADJ
fbem-27	90	41	line	line	NOUN
fbem-27	90	42	that	that	PRON
fbem-27	90	43	generally	generally	ADV
fbem-27	90	44	increases	increase	VERB
fbem-27	90	45	first	first	ADV
fbem-27	90	46	and	and	CCONJ
fbem-27	90	47	then	then	ADV
fbem-27	90	48	decreases	decrease	VERB
fbem-27	90	49	and	and	CCONJ
fbem-27	90	50	has	have	VERB
fbem-27	90	51	ups	up	NOUN
fbem-27	90	52	and	and	CCONJ
fbem-27	90	53	downs	down	NOUN
fbem-27	90	54	in	in	ADP
fbem-27	90	55	the	the	DET
fbem-27	90	56	later	later	ADJ
fbem-27	90	57	period	period	NOUN
fbem-27	90	58	.	.	PUNCT
fbem-27	91	1	the	the	DET
fbem-27	91	2	highest	high	ADJ
fbem-27	91	3	point	point	NOUN
fbem-27	91	4	corresponds	correspond	VERB
fbem-27	91	5	to	to	ADP
fbem-27	91	6	the	the	DET
fbem-27	91	7	second	second	ADJ
fbem-27	91	8	year	year	NOUN
fbem-27	91	9	with	with	ADP
fbem-27	91	10	the	the	DET
fbem-27	91	11	highest	high	ADJ
fbem-27	91	12	risk	risk	NOUN
fbem-27	91	13	rate	rate	NOUN
fbem-27	91	14	,	,	PUNCT
fbem-27	91	15	that	that	ADV
fbem-27	91	16	is	is	ADV
fbem-27	91	17	,	,	PUNCT
fbem-27	91	18	the	the	DET
fbem-27	91	19	highest	high	ADJ
fbem-27	91	20	probability	probability	NOUN
fbem-27	91	21	of	of	ADP
fbem-27	91	22	removing	remove	VERB
fbem-27	91	23	caps	cap	NOUN
fbem-27	91	24	.	.	PUNCT
fbem-27	92	1	figure	figure	VERB
fbem-27	92	2	4	4	NUM
fbem-27	92	3	.	.	PUNCT
fbem-27	93	1	the	the	DET
fbem-27	93	2	risk	risk	NOUN
fbem-27	93	3	function	function	NOUN
fbem-27	93	4	diagram	diagram	NOUN
fbem-27	93	5	of	of	ADP
fbem-27	93	6	the	the	DET
fbem-27	93	7	st	st	PROPN
fbem-27	93	8	company	company	NOUN
fbem-27	93	9	's	's	PART
fbem-27	93	10	decap	decap	NOUN
fbem-27	93	11	event	event	NOUN
fbem-27	93	12	4.3	4.3	NUM
fbem-27	93	13	.	.	PUNCT
fbem-27	94	1	non	non	ADJ
fbem-27	94	2	-	-	ADJ
fbem-27	94	3	parametric	parametric	ADJ
fbem-27	94	4	analysis	analysis	NOUN
fbem-27	94	5	of	of	ADP
fbem-27	94	6	st	st	PROPN
fbem-27	94	7	companies	company	NOUN
fbem-27	94	8	’	'	PUNCT
fbem-27	94	9	delisting	delist	VERB
fbem-27	94	10	events	event	NOUN
fbem-27	94	11	similar	similar	ADJ
fbem-27	94	12	to	to	ADP
fbem-27	94	13	the	the	DET
fbem-27	94	14	time	time	NOUN
fbem-27	94	15	rule	rule	NOUN
fbem-27	94	16	of	of	ADP
fbem-27	94	17	the	the	DET
fbem-27	94	18	research	research	NOUN
fbem-27	94	19	on	on	ADP
fbem-27	94	20	the	the	DET
fbem-27	94	21	decap	decap	NOUN
fbem-27	94	22	event	event	NOUN
fbem-27	94	23	,	,	PUNCT
fbem-27	94	24	the	the	DET
fbem-27	94	25	observation	observation	NOUN
fbem-27	94	26	period	period	NOUN
fbem-27	94	27	is	be	AUX
fbem-27	94	28	still	still	ADV
fbem-27	94	29	set	set	VERB
fbem-27	94	30	from	from	ADP
fbem-27	94	31	1998	1998	NUM
fbem-27	94	32	to	to	ADP
fbem-27	94	33	the	the	DET
fbem-27	94	34	beginning	beginning	NOUN
fbem-27	94	35	of	of	ADP
fbem-27	94	36	2020	2020	NUM
fbem-27	94	37	,	,	PUNCT
fbem-27	94	38	when	when	SCONJ
fbem-27	94	39	a	a	DET
fbem-27	94	40	total	total	NOUN
fbem-27	94	41	of	of	ADP
fbem-27	94	42	282	282	NUM
fbem-27	94	43	st	st	PROPN
fbem-27	94	44	companies	company	NOUN
fbem-27	94	45	have	have	AUX
fbem-27	94	46	become	become	VERB
fbem-27	94	47	effective	effective	ADJ
fbem-27	94	48	samples	sample	NOUN
fbem-27	94	49	.	.	PUNCT
fbem-27	95	1	for	for	ADP
fbem-27	95	2	all	all	DET
fbem-27	95	3	valid	valid	ADJ
fbem-27	95	4	samples	sample	NOUN
fbem-27	95	5	,	,	PUNCT
fbem-27	95	6	the	the	DET
fbem-27	95	7	starting	starting	NOUN
fbem-27	95	8	point	point	NOUN
fbem-27	95	9	of	of	ADP
fbem-27	95	10	survival	survival	NOUN
fbem-27	95	11	time	time	NOUN
fbem-27	95	12	is	be	AUX
fbem-27	95	13	the	the	DET
fbem-27	95	14	date	date	NOUN
fbem-27	95	15	when	when	SCONJ
fbem-27	95	16	st	st	PROPN
fbem-27	95	17	is	be	AUX
fbem-27	95	18	implemented	implement	VERB
fbem-27	95	19	,	,	PUNCT
fbem-27	95	20	and	and	CCONJ
fbem-27	95	21	the	the	DET
fbem-27	95	22	end	end	NOUN
fbem-27	95	23	point	point	NOUN
fbem-27	95	24	is	be	AUX
fbem-27	95	25	the	the	DET
fbem-27	95	26	occurrence	occurrence	NOUN
fbem-27	95	27	of	of	ADP
fbem-27	95	28	delisting	delist	VERB
fbem-27	95	29	events	event	NOUN
fbem-27	95	30	.	.	PUNCT
fbem-27	96	1	st	st	PROPN
fbem-27	96	2	companies	company	NOUN
fbem-27	96	3	that	that	PRON
fbem-27	96	4	have	have	AUX
fbem-27	96	5	delisted	delist	VERB
fbem-27	96	6	during	during	ADP
fbem-27	96	7	the	the	DET
fbem-27	96	8	observation	observation	NOUN
fbem-27	96	9	period	period	NOUN
fbem-27	96	10	are	be	AUX
fbem-27	96	11	uncensored	uncensored	ADJ
fbem-27	96	12	samples	sample	NOUN
fbem-27	96	13	.	.	PUNCT
fbem-27	97	1	if	if	SCONJ
fbem-27	97	2	they	they	PRON
fbem-27	97	3	have	have	AUX
fbem-27	97	4	not	not	PART
fbem-27	97	5	delisted	delist	VERB
fbem-27	97	6	or	or	CCONJ
fbem-27	97	7	removed	remove	VERB
fbem-27	97	8	their	their	PRON
fbem-27	97	9	caps	cap	NOUN
fbem-27	97	10	by	by	ADP
fbem-27	97	11	the	the	DET
fbem-27	97	12	end	end	NOUN
fbem-27	97	13	of	of	ADP
fbem-27	97	14	the	the	DET
fbem-27	97	15	observation	observation	NOUN
fbem-27	97	16	period	period	NOUN
fbem-27	97	17	,	,	PUNCT
fbem-27	97	18	they	they	PRON
fbem-27	97	19	are	be	AUX
fbem-27	97	20	censored	censored	ADJ
fbem-27	97	21	samples	sample	NOUN
fbem-27	97	22	.	.	PUNCT
fbem-27	98	1	the	the	DET
fbem-27	98	2	selected	select	VERB
fbem-27	98	3	samples	sample	NOUN
fbem-27	98	4	do	do	AUX
fbem-27	98	5	not	not	PART
fbem-27	98	6	include	include	VERB
fbem-27	98	7	st	st	PROPN
fbem-27	98	8	companies	company	NOUN
fbem-27	98	9	that	that	PRON
fbem-27	98	10	have	have	AUX
fbem-27	98	11	removed	remove	VERB
fbem-27	98	12	their	their	PRON
fbem-27	98	13	caps	cap	NOUN
fbem-27	98	14	during	during	ADP
fbem-27	98	15	the	the	DET
fbem-27	98	16	observation	observation	NOUN
fbem-27	98	17	period	period	NOUN
fbem-27	98	18	.	.	PUNCT
fbem-27	99	1	assuming	assume	VERB
fbem-27	99	2	that	that	SCONJ
fbem-27	99	3	the	the	DET
fbem-27	99	4	survival	survival	NOUN
fbem-27	99	5	time	time	NOUN
fbem-27	99	6	is	be	AUX
fbem-27	99	7	1	1	NUM
fbem-27	99	8	year	year	NOUN
fbem-27	99	9	as	as	ADP
fbem-27	99	10	a	a	DET
fbem-27	99	11	unit	unit	NOUN
fbem-27	99	12	,	,	PUNCT
fbem-27	99	13	the	the	DET
fbem-27	99	14	entire	entire	ADJ
fbem-27	99	15	observation	observation	NOUN
fbem-27	99	16	period	period	NOUN
fbem-27	99	17	is	be	AUX
fbem-27	99	18	divided	divide	VERB
fbem-27	99	19	into	into	ADP
fbem-27	99	20	22	22	NUM
fbem-27	99	21	time	time	NOUN
fbem-27	99	22	intervals	interval	NOUN
fbem-27	99	23	,	,	PUNCT
fbem-27	99	24	and	and	CCONJ
fbem-27	99	25	the	the	DET
fbem-27	99	26	number	number	NOUN
fbem-27	99	27	of	of	ADP
fbem-27	99	28	st	st	PROPN
fbem-27	99	29	companies	company	NOUN
fbem-27	99	30	that	that	PRON
fbem-27	99	31	have	have	AUX
fbem-27	99	32	delisted	delist	VERB
fbem-27	99	33	events	event	NOUN
fbem-27	99	34	is	be	AUX
fbem-27	99	35	defined	define	VERB
fbem-27	99	36	as	as	ADP
fbem-27	99	37	the	the	DET
fbem-27	99	38	"	"	PUNCT
fbem-27	99	39	number	number	NOUN
fbem-27	99	40	of	of	ADP
fbem-27	99	41	deaths	death	NOUN
fbem-27	99	42	.	.	PUNCT
fbem-27	99	43	"	"	PUNCT
fbem-27	100	1	enter	enter	VERB
fbem-27	100	2	the	the	DET
fbem-27	100	3	censored	censor	VERB
fbem-27	100	4	number	number	NOUN
fbem-27	100	5	and	and	CCONJ
fbem-27	100	6	death	death	NOUN
fbem-27	100	7	number	number	NOUN
fbem-27	100	8	of	of	ADP
fbem-27	100	9	each	each	DET
fbem-27	100	10	time	time	NOUN
fbem-27	100	11	interval	interval	NOUN
fbem-27	100	12	based	base	VERB
fbem-27	100	13	on	on	ADP
fbem-27	100	14	the	the	DET
fbem-27	100	15	statistics	statistic	NOUN
fbem-27	100	16	of	of	ADP
fbem-27	100	17	the	the	DET
fbem-27	100	18	csmar	csmar	PROPN
fbem-27	100	19	database	database	NOUN
fbem-27	100	20	into	into	ADP
fbem-27	100	21	the	the	DET
fbem-27	100	22	spss	spss	PROPN
fbem-27	100	23	software	software	NOUN
fbem-27	100	24	,	,	PUNCT
fbem-27	100	25	use	use	VERB
fbem-27	100	26	the	the	DET
fbem-27	100	27	life	life	NOUN
fbem-27	100	28	table	table	NOUN
fbem-27	100	29	method	method	NOUN
fbem-27	100	30	to	to	PART
fbem-27	100	31	analyze	analyze	VERB
fbem-27	100	32	,	,	PUNCT
fbem-27	100	33	and	and	CCONJ
fbem-27	100	34	get	get	VERB
fbem-27	100	35	the	the	DET
fbem-27	100	36	life	life	NOUN
fbem-27	100	37	table	table	NOUN
fbem-27	100	38	in	in	ADP
fbem-27	100	39	table	table	NOUN
fbem-27	100	40	3	3	X
fbem-27	100	41	.	.	PUNCT
fbem-27	101	1	it	it	PRON
fbem-27	101	2	can	can	AUX
fbem-27	101	3	be	be	AUX
fbem-27	101	4	found	find	VERB
fbem-27	101	5	from	from	ADP
fbem-27	101	6	table	table	NOUN
fbem-27	101	7	3	3	NUM
fbem-27	101	8	that	that	SCONJ
fbem-27	101	9	the	the	DET
fbem-27	101	10	probability	probability	NOUN
fbem-27	101	11	of	of	ADP
fbem-27	101	12	a	a	DET
fbem-27	101	13	delisting	delisting	ADJ
fbem-27	101	14	event	event	NOUN
fbem-27	101	15	after	after	ADP
fbem-27	101	16	a	a	DET
fbem-27	101	17	listed	list	VERB
fbem-27	101	18	company	company	NOUN
fbem-27	101	19	is	be	AUX
fbem-27	101	20	subject	subject	ADJ
fbem-27	101	21	to	to	ADP
fbem-27	101	22	special	special	ADJ
fbem-27	101	23	treatment	treatment	NOUN
fbem-27	101	24	increases	increase	NOUN
fbem-27	101	25	first	first	ADV
fbem-27	101	26	and	and	CCONJ
fbem-27	101	27	then	then	ADV
fbem-27	101	28	decreases	decrease	VERB
fbem-27	101	29	like	like	ADP
fbem-27	101	30	the	the	DET
fbem-27	101	31	probability	probability	NOUN
fbem-27	101	32	of	of	ADP
fbem-27	101	33	cap	cap	NOUN
fbem-27	101	34	removal	removal	NOUN
fbem-27	101	35	.	.	PUNCT
fbem-27	102	1	it	it	PRON
fbem-27	102	2	is	be	AUX
fbem-27	102	3	relatively	relatively	ADV
fbem-27	102	4	high	high	ADJ
fbem-27	102	5	in	in	ADP
fbem-27	102	6	the	the	DET
fbem-27	102	7	second	second	ADJ
fbem-27	102	8	and	and	CCONJ
fbem-27	102	9	third	third	ADJ
fbem-27	102	10	years	year	NOUN
fbem-27	102	11	after	after	ADP
fbem-27	102	12	st	st	PROPN
fbem-27	102	13	,	,	PUNCT
fbem-27	102	14	and	and	CCONJ
fbem-27	102	15	reaches	reach	VERB
fbem-27	102	16	its	its	PRON
fbem-27	102	17	peak	peak	NOUN
fbem-27	102	18	in	in	ADP
fbem-27	102	19	the	the	DET
fbem-27	102	20	third	third	ADJ
fbem-27	102	21	year	year	NOUN
fbem-27	102	22	.	.	PUNCT
fbem-27	103	1	from	from	ADP
fbem-27	103	2	the	the	DET
fbem-27	103	3	second	second	ADJ
fbem-27	103	4	year	year	NOUN
fbem-27	103	5	onwards	onwards	ADP
fbem-27	103	6	,	,	PUNCT
fbem-27	103	7	the	the	DET
fbem-27	103	8	probability	probability	NOUN
fbem-27	103	9	of	of	ADP
fbem-27	103	10	delisting	delisting	NOUN
fbem-27	103	11	began	begin	VERB
fbem-27	103	12	to	to	PART
fbem-27	103	13	show	show	VERB
fbem-27	103	14	a	a	DET
fbem-27	103	15	decreasing	decrease	VERB
fbem-27	103	16	trend	trend	NOUN
fbem-27	103	17	.	.	PUNCT
fbem-27	104	1	in	in	ADP
fbem-27	104	2	contrast	contrast	NOUN
fbem-27	104	3	,	,	PUNCT
fbem-27	104	4	the	the	DET
fbem-27	104	5	rate	rate	NOUN
fbem-27	104	6	of	of	ADP
fbem-27	104	7	decline	decline	NOUN
fbem-27	104	8	in	in	ADP
fbem-27	104	9	the	the	DET
fbem-27	104	10	cumulative	cumulative	ADJ
fbem-27	104	11	survival	survival	NOUN
fbem-27	104	12	rate	rate	NOUN
fbem-27	104	13	at	at	ADP
fbem-27	104	14	the	the	DET
fbem-27	104	15	end	end	NOUN
fbem-27	104	16	of	of	ADP
fbem-27	104	17	the	the	DET
fbem-27	104	18	period	period	NOUN
fbem-27	104	19	is	be	AUX
fbem-27	104	20	also	also	ADV
fbem-27	104	21	slowing	slow	VERB
fbem-27	104	22	down	down	ADP
fbem-27	104	23	.	.	PUNCT
fbem-27	105	1	in	in	ADP
fbem-27	105	2	the	the	DET
fbem-27	105	3	fifth	fifth	ADJ
fbem-27	105	4	year	year	NOUN
fbem-27	105	5	and	and	CCONJ
fbem-27	105	6	beyond	beyond	ADP
fbem-27	105	7	,	,	PUNCT
fbem-27	105	8	few	few	ADJ
fbem-27	105	9	st	st	PROPN
fbem-27	105	10	companies	company	NOUN
fbem-27	105	11	delisted	delist	VERB
fbem-27	105	12	.	.	PUNCT
fbem-27	106	1	the	the	DET
fbem-27	106	2	result	result	NOUN
fbem-27	106	3	of	of	ADP
fbem-27	106	4	"	"	PUNCT
fbem-27	106	5	median	median	ADJ
fbem-27	106	6	survival	survival	NOUN
fbem-27	106	7	time	time	NOUN
fbem-27	106	8	is	be	AUX
fbem-27	106	9	21.00	21.00	NUM
fbem-27	106	10	"	"	PUNCT
fbem-27	106	11	in	in	ADP
fbem-27	106	12	this	this	DET
fbem-27	106	13	life	life	NOUN
fbem-27	106	14	table	table	NOUN
fbem-27	106	15	has	have	VERB
fbem-27	106	16	no	no	DET
fbem-27	106	17	practical	practical	ADJ
fbem-27	106	18	significance	significance	NOUN
fbem-27	106	19	.	.	PUNCT
fbem-27	107	1	the	the	DET
fbem-27	107	2	reason	reason	NOUN
fbem-27	107	3	is	be	AUX
fbem-27	107	4	that	that	SCONJ
fbem-27	107	5	there	there	PRON
fbem-27	107	6	are	be	VERB
fbem-27	107	7	too	too	ADV
fbem-27	107	8	many	many	ADJ
fbem-27	107	9	censored	censored	ADJ
fbem-27	107	10	samples	sample	NOUN
fbem-27	107	11	in	in	ADP
fbem-27	107	12	delisting	delist	VERB
fbem-27	107	13	events	event	NOUN
fbem-27	107	14	,	,	PUNCT
fbem-27	107	15	and	and	CCONJ
fbem-27	107	16	the	the	DET
fbem-27	107	17	cumulative	cumulative	ADJ
fbem-27	107	18	survival	survival	NOUN
fbem-27	107	19	rate	rate	NOUN
fbem-27	107	20	is	be	AUX
fbem-27	107	21	always	always	ADV
fbem-27	107	22	higher	high	ADJ
fbem-27	107	23	than	than	ADP
fbem-27	107	24	50	50	NUM
fbem-27	107	25	%	%	NOUN
fbem-27	107	26	,	,	PUNCT
fbem-27	107	27	which	which	PRON
fbem-27	107	28	makes	make	VERB
fbem-27	107	29	it	it	PRON
fbem-27	107	30	impossible	impossible	ADJ
fbem-27	107	31	to	to	PART
fbem-27	107	32	calculate	calculate	VERB
fbem-27	107	33	the	the	DET
fbem-27	107	34	median	median	ADJ
fbem-27	107	35	survival	survival	NOUN
fbem-27	107	36	time	time	NOUN
fbem-27	107	37	.	.	PUNCT
fbem-27	108	1	the	the	DET
fbem-27	108	2	result	result	NOUN
fbem-27	108	3	obtained	obtain	VERB
fbem-27	108	4	by	by	ADP
fbem-27	108	5	analyzing	analyze	VERB
fbem-27	108	6	the	the	DET
fbem-27	108	7	above	above	ADJ
fbem-27	108	8	life	life	NOUN
fbem-27	108	9	table	table	NOUN
fbem-27	108	10	is	be	AUX
fbem-27	108	11	consistent	consistent	ADJ
fbem-27	108	12	with	with	ADP
fbem-27	108	13	china	china	PROPN
fbem-27	108	14	's	's	PART
fbem-27	108	15	st	st	PROPN
fbem-27	108	16	system	system	NOUN
fbem-27	108	17	.	.	PUNCT
fbem-27	109	1	it	it	PRON
fbem-27	109	2	is	be	AUX
fbem-27	109	3	known	know	VERB
fbem-27	109	4	that	that	SCONJ
fbem-27	109	5	the	the	DET
fbem-27	109	6	china	china	PROPN
fbem-27	109	7	securities	securities	PROPN
fbem-27	109	8	regulatory	regulatory	PROPN
fbem-27	109	9	commission	commission	PROPN
fbem-27	109	10	stipulates	stipulate	VERB
fbem-27	109	11	that	that	SCONJ
fbem-27	109	12	companies	company	NOUN
fbem-27	109	13	who	who	PRON
fbem-27	109	14	lose	lose	VERB
fbem-27	109	15	money	money	NOUN
fbem-27	109	16	for	for	ADP
fbem-27	109	17	two	two	NUM
fbem-27	109	18	consecutive	consecutive	ADJ
fbem-27	109	19	years	year	NOUN
fbem-27	109	20	will	will	AUX
fbem-27	109	21	be	be	AUX
fbem-27	109	22	delisted	delist	VERB
fbem-27	109	23	from	from	ADP
fbem-27	109	24	the	the	DET
fbem-27	109	25	market	market	NOUN
fbem-27	109	26	,	,	PUNCT
fbem-27	109	27	and	and	CCONJ
fbem-27	109	28	listed	list	VERB
fbem-27	109	29	companies	company	NOUN
fbem-27	109	30	who	who	PRON
fbem-27	109	31	lose	lose	VERB
fbem-27	109	32	money	money	NOUN
fbem-27	109	33	for	for	ADP
fbem-27	109	34	three	three	NUM
fbem-27	109	35	consecutive	consecutive	ADJ
fbem-27	109	36	years	year	NOUN
fbem-27	109	37	will	will	AUX
fbem-27	109	38	be	be	AUX
fbem-27	109	39	delisted	delist	VERB
fbem-27	109	40	,	,	PUNCT
fbem-27	109	41	but	but	CCONJ
fbem-27	109	42	they	they	PRON
fbem-27	109	43	can	can	AUX
fbem-27	109	44	apply	apply	VERB
fbem-27	109	45	for	for	ADP
fbem-27	109	46	a	a	DET
fbem-27	109	47	one	one	NUM
fbem-27	109	48	-	-	PUNCT
fbem-27	109	49	year	year	NOUN
fbem-27	109	50	grace	grace	NOUN
fbem-27	109	51	period	period	NOUN
fbem-27	109	52	,	,	PUNCT
fbem-27	109	53	that	that	ADV
fbem-27	109	54	is	is	ADV
fbem-27	109	55	,	,	PUNCT
fbem-27	109	56	they	they	PRON
fbem-27	109	57	can	can	AUX
fbem-27	109	58	delist	delist	VERB
fbem-27	109	59	up	up	ADP
fbem-27	109	60	to	to	PART
fbem-27	109	61	two	two	NUM
fbem-27	109	62	years	year	NOUN
fbem-27	109	63	after	after	ADP
fbem-27	109	64	the	the	DET
fbem-27	109	65	implementation	implementation	NOUN
fbem-27	109	66	of	of	ADP
fbem-27	109	67	st	st	PROPN
fbem-27	109	68	.	.	PROPN
fbem-27	109	69	according	accord	VERB
fbem-27	109	70	to	to	ADP
fbem-27	109	71	the	the	DET
fbem-27	109	72	data	datum	NOUN
fbem-27	109	73	in	in	ADP
fbem-27	109	74	the	the	DET
fbem-27	109	75	life	life	NOUN
fbem-27	109	76	table	table	NOUN
fbem-27	109	77	,	,	PUNCT
fbem-27	109	78	if	if	SCONJ
fbem-27	109	79	a	a	DET
fbem-27	109	80	listed	list	VERB
fbem-27	109	81	company	company	NOUN
fbem-27	109	82	fails	fail	VERB
fbem-27	109	83	to	to	PART
fbem-27	109	84	make	make	VERB
fbem-27	109	85	a	a	DET
fbem-27	109	86	profit	profit	NOUN
fbem-27	109	87	in	in	ADP
fbem-27	109	88	time	time	NOUN
fbem-27	109	89	after	after	SCONJ
fbem-27	109	90	st	st	PROPN
fbem-27	109	91	is	be	AUX
fbem-27	109	92	implemented	implement	VERB
fbem-27	109	93	,	,	PUNCT
fbem-27	109	94	it	it	PRON
fbem-27	109	95	will	will	AUX
fbem-27	109	96	be	be	AUX
fbem-27	109	97	delisted	delist	VERB
fbem-27	109	98	one	one	NUM
fbem-27	109	99	to	to	ADP
fbem-27	109	100	two	two	NUM
fbem-27	109	101	years	year	NOUN
fbem-27	109	102	after	after	ADP
fbem-27	109	103	st	st	PROPN
fbem-27	109	104	.	.	PROPN
fbem-27	110	1	even	even	ADV
fbem-27	110	2	if	if	SCONJ
fbem-27	110	3	a	a	DET
fbem-27	110	4	grace	grace	NOUN
fbem-27	110	5	period	period	NOUN
fbem-27	110	6	is	be	AUX
fbem-27	110	7	applied	apply	VERB
fbem-27	110	8	for	for	ADP
fbem-27	110	9	,	,	PUNCT
fbem-27	110	10	if	if	SCONJ
fbem-27	110	11	there	there	PRON
fbem-27	110	12	is	be	VERB
fbem-27	110	13	no	no	DET
fbem-27	110	14	operating	operate	VERB
fbem-27	110	15	status	status	NOUN
fbem-27	110	16	during	during	ADP
fbem-27	110	17	the	the	DET
fbem-27	110	18	grace	grace	NOUN
fbem-27	110	19	period	period	NOUN
fbem-27	110	20	improvement	improvement	NOUN
fbem-27	110	21	,	,	PUNCT
fbem-27	110	22	most	most	ADJ
fbem-27	110	23	st	st	PROPN
fbem-27	110	24	companies	company	NOUN
fbem-27	110	25	will	will	AUX
fbem-27	110	26	also	also	ADV
fbem-27	110	27	complete	complete	VERB
fbem-27	110	28	delisting	delisting	NOUN
fbem-27	110	29	in	in	ADP
fbem-27	110	30	two	two	NUM
fbem-27	110	31	to	to	PART
fbem-27	110	32	three	three	NUM
fbem-27	110	33	years	year	NOUN
fbem-27	110	34	.	.	PUNCT
fbem-27	111	1	at	at	ADP
fbem-27	111	2	the	the	DET
fbem-27	111	3	same	same	ADJ
fbem-27	111	4	time	time	NOUN
fbem-27	111	5	,	,	PUNCT
fbem-27	111	6	it	it	PRON
fbem-27	111	7	is	be	AUX
fbem-27	111	8	found	find	VERB
fbem-27	111	9	that	that	SCONJ
fbem-27	111	10	a	a	DET
fbem-27	111	11	small	small	ADJ
fbem-27	111	12	number	number	NOUN
fbem-27	111	13	of	of	ADP
fbem-27	111	14	companies	company	NOUN
fbem-27	111	15	in	in	ADP
fbem-27	111	16	the	the	DET
fbem-27	111	17	life	life	NOUN
fbem-27	111	18	table	table	NOUN
fbem-27	111	19	have	have	AUX
fbem-27	111	20	delisted	delist	VERB
fbem-27	111	21	less	less	ADJ
fbem-27	111	22	than	than	ADP
fbem-27	111	23	one	one	NUM
fbem-27	111	24	year	year	NOUN
fbem-27	111	25	after	after	ADP
fbem-27	111	26	being	be	AUX
fbem-27	111	27	st	st	PROPN
fbem-27	111	28	.	.	PUNCT
fbem-27	112	1	the	the	DET
fbem-27	112	2	reason	reason	NOUN
fbem-27	112	3	is	be	AUX
fbem-27	112	4	that	that	SCONJ
fbem-27	112	5	although	although	SCONJ
fbem-27	112	6	most	most	ADJ
fbem-27	112	7	companies	company	NOUN
fbem-27	112	8	’	'	PUNCT
fbem-27	112	9	delisting	delist	VERB
fbem-27	112	10	is	be	AUX
fbem-27	112	11	mandatory	mandatory	ADJ
fbem-27	112	12	delisting	delisting	NOUN
fbem-27	112	13	,	,	PUNCT
fbem-27	112	14	it	it	PRON
fbem-27	112	15	is	be	AUX
fbem-27	112	16	not	not	PART
fbem-27	112	17	ruled	rule	VERB
fbem-27	112	18	out	out	ADP
fbem-27	112	19	that	that	SCONJ
fbem-27	112	20	some	some	DET
fbem-27	112	21	companies	company	NOUN
fbem-27	112	22	require	require	VERB
fbem-27	112	23	active	active	ADJ
fbem-27	112	24	delisting	delisting	NOUN
fbem-27	112	25	and	and	CCONJ
fbem-27	112	26	thus	thus	ADV
fbem-27	112	27	delist	delist	NOUN
fbem-27	112	28	.	.	PUNCT
fbem-27	113	1	other	other	ADJ
fbem-27	113	2	companies	company	NOUN
fbem-27	113	3	have	have	AUX
fbem-27	113	4	completed	complete	VERB
fbem-27	113	5	mergers	merger	NOUN
fbem-27	113	6	or	or	CCONJ
fbem-27	113	7	privatizations	privatization	NOUN
fbem-27	113	8	.	.	PUNCT
fbem-27	114	1	the	the	DET
fbem-27	114	2	above	above	ADJ
fbem-27	114	3	conclusions	conclusion	NOUN
fbem-27	114	4	can	can	AUX
fbem-27	114	5	be	be	AUX
fbem-27	114	6	more	more	ADV
fbem-27	114	7	intuitively	intuitively	ADV
fbem-27	114	8	observed	observe	VERB
fbem-27	114	9	from	from	ADP
fbem-27	114	10	the	the	DET
fbem-27	114	11	following	follow	VERB
fbem-27	114	12	figures	figure	NOUN
fbem-27	114	13	5	5	NUM
fbem-27	114	14	and	and	CCONJ
fbem-27	114	15	6	6	NUM
fbem-27	114	16	:	:	PUNCT
fbem-27	114	17	figure	figure	NOUN
fbem-27	114	18	5	5	NUM
fbem-27	114	19	is	be	AUX
fbem-27	114	20	a	a	DET
fbem-27	114	21	broken	broken	ADJ
fbem-27	114	22	line	line	NOUN
fbem-27	114	23	with	with	ADP
fbem-27	114	24	a	a	DET
fbem-27	114	25	steep	steep	ADJ
fbem-27	114	26	opening	opening	NOUN
fbem-27	114	27	and	and	CCONJ
fbem-27	114	28	a	a	DET
fbem-27	114	29	steep	steep	ADJ
fbem-27	114	30	middle	middle	NOUN
fbem-27	114	31	at	at	ADP
fbem-27	114	32	the	the	DET
fbem-27	114	33	beginning	beginning	NOUN
fbem-27	114	34	and	and	CCONJ
fbem-27	114	35	6	6	NUM
fbem-27	114	36	end	end	NOUN
fbem-27	114	37	,	,	PUNCT
fbem-27	114	38	corresponding	correspond	VERB
fbem-27	114	39	to	to	ADP
fbem-27	114	40	the	the	DET
fbem-27	114	41	delisting	delist	VERB
fbem-27	114	42	events	event	NOUN
fbem-27	114	43	of	of	ADP
fbem-27	114	44	st	st	PROPN
fbem-27	114	45	companies	company	NOUN
fbem-27	114	46	concentrated	concentrate	VERB
fbem-27	114	47	in	in	ADP
fbem-27	114	48	1	1	NUM
fbem-27	114	49	-	-	SYM
fbem-27	114	50	4	4	NUM
fbem-27	114	51	years	year	NOUN
fbem-27	114	52	after	after	ADP
fbem-27	114	53	being	be	AUX
fbem-27	114	54	specially	specially	ADV
fbem-27	114	55	handled	handle	VERB
fbem-27	114	56	;	;	PUNCT
fbem-27	114	57	figure	figure	NOUN
fbem-27	114	58	6	6	NUM
fbem-27	114	59	is	be	AUX
fbem-27	114	60	a	a	DET
fbem-27	114	61	broken	broken	ADJ
fbem-27	114	62	line	line	NOUN
fbem-27	114	63	that	that	PRON
fbem-27	114	64	generally	generally	ADV
fbem-27	114	65	increases	increase	VERB
fbem-27	114	66	first	first	ADV
fbem-27	114	67	and	and	CCONJ
fbem-27	114	68	then	then	ADV
fbem-27	114	69	decreases	decrease	VERB
fbem-27	114	70	with	with	ADP
fbem-27	114	71	ups	up	NOUN
fbem-27	114	72	and	and	CCONJ
fbem-27	114	73	downs	down	NOUN
fbem-27	114	74	in	in	ADP
fbem-27	114	75	the	the	DET
fbem-27	114	76	later	later	ADJ
fbem-27	114	77	period	period	NOUN
fbem-27	114	78	.	.	PUNCT
fbem-27	115	1	the	the	DET
fbem-27	115	2	highest	high	ADJ
fbem-27	115	3	point	point	NOUN
fbem-27	115	4	corresponds	correspond	VERB
fbem-27	115	5	to	to	ADP
fbem-27	115	6	the	the	DET
fbem-27	115	7	third	third	ADJ
fbem-27	115	8	year	year	NOUN
fbem-27	115	9	with	with	ADP
fbem-27	115	10	the	the	DET
fbem-27	115	11	highest	high	ADJ
fbem-27	115	12	risk	risk	NOUN
fbem-27	115	13	rate	rate	NOUN
fbem-27	115	14	,	,	PUNCT
fbem-27	115	15	that	that	ADV
fbem-27	115	16	is	is	ADV
fbem-27	115	17	,	,	PUNCT
fbem-27	115	18	the	the	DET
fbem-27	115	19	highest	high	ADJ
fbem-27	115	20	probability	probability	NOUN
fbem-27	115	21	of	of	ADP
fbem-27	115	22	delisting	delist	VERB
fbem-27	115	23	.	.	PUNCT
fbem-27	116	1	table	table	NOUN
fbem-27	116	2	3	3	NUM
fbem-27	116	3	.	.	X
fbem-27	116	4	life	life	NOUN
fbem-27	116	5	table	table	NOUN
fbem-27	116	6	of	of	ADP
fbem-27	116	7	delisting	delist	VERB
fbem-27	116	8	events	event	NOUN
fbem-27	116	9	of	of	ADP
fbem-27	116	10	st	st	PROPN
fbem-27	116	11	enterprises	enterprise	NOUN
fbem-27	116	12	survival	survival	NOUN
fbem-27	116	13	time	time	NOUN
fbem-27	116	14	interval	interval	NOUN
fbem-27	116	15	(	(	PUNCT
fbem-27	116	16	years	year	NOUN
fbem-27	116	17	)	)	PUNCT
fbem-27	116	18	number	number	NOUN
fbem-27	116	19	of	of	ADP
fbem-27	116	20	deaths	death	NOUN
fbem-27	116	21	censoring	censor	VERB
fbem-27	116	22	number	number	NOUN
fbem-27	116	23	number	number	NOUN
fbem-27	116	24	of	of	ADP
fbem-27	116	25	effective	effective	ADJ
fbem-27	116	26	samples	sample	NOUN
fbem-27	116	27	at	at	ADP
fbem-27	116	28	the	the	DET
fbem-27	116	29	beginning	beginning	NOUN
fbem-27	116	30	of	of	ADP
fbem-27	116	31	the	the	DET
fbem-27	116	32	period	period	NOUN
fbem-27	116	33	mortality	mortality	NOUN
fbem-27	116	34	rate	rate	NOUN
fbem-27	116	35	survival	survival	PROPN
fbem-27	116	36	rate	rate	PROPN
fbem-27	116	37	cumulative	cumulative	ADJ
fbem-27	116	38	survival	survival	NOUN
fbem-27	116	39	rate	rate	NOUN
fbem-27	116	40	at	at	ADP
fbem-27	116	41	the	the	DET
fbem-27	116	42	end	end	NOUN
fbem-27	116	43	of	of	ADP
fbem-27	116	44	the	the	DET
fbem-27	116	45	period	period	NOUN
fbem-27	116	46	risk	risk	NOUN
fbem-27	116	47	rate	rate	NOUN
fbem-27	116	48	(	(	PUNCT
fbem-27	116	49	0,1	0,1	NUM
fbem-27	116	50	]	]	SYM
fbem-27	116	51	3	3	NUM
fbem-27	116	52	39	39	NUM
fbem-27	116	53	282	282	NUM
fbem-27	116	54	0.01	0.01	NUM
fbem-27	116	55	0.99	0.99	NUM
fbem-27	116	56	0.99	0.99	NUM
fbem-27	116	57	0.01	0.01	NUM
fbem-27	116	58	(	(	PUNCT
fbem-27	116	59	1,2	1,2	NUM
fbem-27	116	60	]	]	SYM
fbem-27	116	61	20	20	NUM
fbem-27	116	62	11	11	NUM
fbem-27	116	63	240	240	NUM
fbem-27	116	64	0.09	0.09	NUM
fbem-27	116	65	0.91	0.91	NUM
fbem-27	116	66	0.90	0.90	NUM
fbem-27	116	67	0.09	0.09	NUM
fbem-27	116	68	(	(	PUNCT
fbem-27	116	69	2,3	2,3	NUM
fbem-27	116	70	]	]	SYM
fbem-27	116	71	26	26	NUM
fbem-27	116	72	6	6	NUM
fbem-27	116	73	209	209	NUM
fbem-27	116	74	0.13	0.13	NUM
fbem-27	116	75	0.87	0.87	NUM
fbem-27	116	76	0.79	0.79	NUM
fbem-27	116	77	0.13	0.13	NUM
fbem-27	116	78	(	(	PUNCT
fbem-27	116	79	3,4	3,4	NUM
fbem-27	116	80	]	]	SYM
fbem-27	116	81	5	5	NUM
fbem-27	116	82	5	5	NUM
fbem-27	116	83	177	177	NUM
fbem-27	116	84	0.03	0.03	NUM
fbem-27	116	85	0.97	0.97	NUM
fbem-27	116	86	0.77	0.77	NUM
fbem-27	116	87	0.03	0.03	NUM
fbem-27	116	88	(	(	PUNCT
fbem-27	116	89	4,5	4,5	NUM
fbem-27	116	90	]	]	SYM
fbem-27	116	91	5	5	NUM
fbem-27	116	92	3	3	NUM
fbem-27	116	93	167	167	NUM
fbem-27	116	94	0.03	0.03	NUM
fbem-27	116	95	0.97	0.97	NUM
fbem-27	116	96	0.74	0.74	NUM
fbem-27	116	97	0.03	0.03	NUM
fbem-27	116	98	(	(	PUNCT
fbem-27	116	99	5,6	5,6	NUM
fbem-27	116	100	]	]	SYM
fbem-27	116	101	1	1	NUM
fbem-27	116	102	1	1	NUM
fbem-27	116	103	159	159	NUM
fbem-27	116	104	0.01	0.01	NUM
fbem-27	116	105	0.99	0.99	NUM
fbem-27	116	106	0.74	0.74	NUM
fbem-27	116	107	0.01	0.01	NUM
fbem-27	116	108	(	(	PUNCT
fbem-27	116	109	6,7	6,7	NUM
fbem-27	116	110	]	]	SYM
fbem-27	116	111	2	2	NUM
fbem-27	116	112	1	1	NUM
fbem-27	116	113	157	157	NUM
fbem-27	116	114	0.01	0.01	NUM
fbem-27	116	115	0.99	0.99	NUM
fbem-27	116	116	0.73	0.73	NUM
fbem-27	116	117	0.01	0.01	NUM
fbem-27	116	118	(	(	PUNCT
fbem-27	116	119	7,8	7,8	NUM
fbem-27	116	120	]	]	SYM
fbem-27	116	121	1	1	NUM
fbem-27	116	122	2	2	NUM
fbem-27	116	123	154	154	NUM
fbem-27	116	124	0.01	0.01	NUM
fbem-27	116	125	0.99	0.99	NUM
fbem-27	116	126	0.73	0.73	NUM
fbem-27	116	127	0.01	0.01	NUM
fbem-27	116	128	(	(	PUNCT
fbem-27	116	129	8,9	8,9	NUM
fbem-27	116	130	]	]	SYM
fbem-27	116	131	1	1	NUM
fbem-27	116	132	6	6	NUM
fbem-27	116	133	151	151	NUM
fbem-27	116	134	0.01	0.01	NUM
fbem-27	116	135	0.99	0.99	NUM
fbem-27	116	136	0.72	0.72	NUM
fbem-27	116	137	0.01	0.01	NUM
fbem-27	116	138	(	(	PUNCT
fbem-27	116	139	9,10	9,10	NUM
fbem-27	116	140	]	]	SYM
fbem-27	116	141	0	0	NUM
fbem-27	116	142	6	6	NUM
fbem-27	116	143	144	144	NUM
fbem-27	116	144	0.00	0.00	NUM
fbem-27	116	145	1.00	1.00	NUM
fbem-27	116	146	0.72	0.72	NUM
fbem-27	116	147	0.00	0.00	NUM
fbem-27	116	148	(	(	PUNCT
fbem-27	116	149	10,11	10,11	NOUN
fbem-27	116	150	]	]	SYM
fbem-27	116	151	1	1	NUM
fbem-27	116	152	5	5	NUM
fbem-27	116	153	138	138	NUM
fbem-27	116	154	0.01	0.01	NUM
fbem-27	116	155	0.99	0.99	NUM
fbem-27	116	156	0.72	0.72	NUM
fbem-27	116	157	0.01	0.01	NUM
fbem-27	116	158	(	(	PUNCT
fbem-27	116	159	11,12	11,12	NUM
fbem-27	116	160	]	]	PUNCT
fbem-27	116	161	1	1	NUM
fbem-27	116	162	20	20	NUM
fbem-27	116	163	132	132	NUM
fbem-27	116	164	0.01	0.01	NUM
fbem-27	116	165	0.99	0.99	NUM
fbem-27	116	166	0.71	0.71	NUM
fbem-27	116	167	0.01	0.01	NUM
fbem-27	116	168	(	(	PUNCT
fbem-27	116	169	12,13	12,13	NUM
fbem-27	116	170	]	]	SYM
fbem-27	116	171	0	0	NUM
fbem-27	116	172	16	16	NUM
fbem-27	116	173	111	111	NUM
fbem-27	116	174	0.00	0.00	NUM
fbem-27	116	175	1.00	1.00	NUM
fbem-27	116	176	0.71	0.71	NUM
fbem-27	116	177	0.00	0.00	NUM
fbem-27	116	178	(	(	PUNCT
fbem-27	116	179	13,14	13,14	NUM
fbem-27	116	180	]	]	SYM
fbem-27	116	181	0	0	NUM
fbem-27	116	182	7	7	NUM
fbem-27	116	183	95	95	NUM
fbem-27	116	184	0.00	0.00	NUM
fbem-27	116	185	1.00	1.00	NUM
fbem-27	116	186	0.71	0.71	NUM
fbem-27	116	187	0.00	0.00	NUM
fbem-27	116	188	(	(	PUNCT
fbem-27	116	189	14,15	14,15	NUM
fbem-27	116	190	]	]	SYM
fbem-27	116	191	1	1	NUM
fbem-27	116	192	11	11	NUM
fbem-27	116	193	88	88	NUM
fbem-27	116	194	0.01	0.01	NUM
fbem-27	116	195	0.99	0.99	NUM
fbem-27	116	196	0.70	0.70	NUM
fbem-27	116	197	0.01	0.01	NUM
fbem-27	116	198	(	(	PUNCT
fbem-27	116	199	15,16	15,16	NUM
fbem-27	116	200	]	]	SYM
fbem-27	116	201	0	0	NUM
fbem-27	116	202	28	28	NUM
fbem-27	116	203	76	76	NUM
fbem-27	116	204	0.00	0.00	NUM
fbem-27	116	205	1.00	1.00	NUM
fbem-27	116	206	0.70	0.70	NUM
fbem-27	116	207	0.00	0.00	NUM
fbem-27	116	208	(	(	PUNCT
fbem-27	116	209	16,17	16,17	NUM
fbem-27	116	210	]	]	PUNCT
fbem-27	116	211	0	0	NUM
fbem-27	116	212	14	14	NUM
fbem-27	116	213	48	48	NUM
fbem-27	116	214	0.00	0.00	NUM
fbem-27	116	215	1.00	1.00	NUM
fbem-27	116	216	0.70	0.70	NUM
fbem-27	116	217	0.00	0.00	NUM
fbem-27	116	218	(	(	PUNCT
fbem-27	116	219	17,18	17,18	NUM
fbem-27	116	220	]	]	SYM
fbem-27	116	221	0	0	NUM
fbem-27	116	222	8	8	NUM
fbem-27	116	223	34	34	NUM
fbem-27	116	224	0.00	0.00	NUM
fbem-27	116	225	1.00	1.00	NUM
fbem-27	116	226	0.70	0.70	NUM
fbem-27	116	227	0.00	0.00	NUM
fbem-27	116	228	(	(	PUNCT
fbem-27	116	229	18,19	18,19	NUM
fbem-27	116	230	]	]	SYM
fbem-27	116	231	0	0	NUM
fbem-27	116	232	6	6	NUM
fbem-27	116	233	26	26	NUM
fbem-27	116	234	0.00	0.00	NUM
fbem-27	116	235	1.00	1.00	NUM
fbem-27	116	236	0.70	0.70	NUM
fbem-27	116	237	0.00	0.00	NUM
fbem-27	116	238	(	(	PUNCT
fbem-27	116	239	19,20	19,20	NOUN
fbem-27	116	240	]	]	SYM
fbem-27	116	241	0	0	NUM
fbem-27	116	242	6	6	NUM
fbem-27	116	243	20	20	NUM
fbem-27	116	244	0.00	0.00	NUM
fbem-27	116	245	1.00	1.00	NUM
fbem-27	116	246	0.70	0.70	NUM
fbem-27	116	247	0.00	0.00	NUM
fbem-27	116	248	(	(	PUNCT
fbem-27	116	249	20,21	20,21	NUM
fbem-27	116	250	]	]	PUNCT
fbem-27	116	251	0	0	NUM
fbem-27	116	252	9	9	NUM
fbem-27	116	253	14	14	NUM
fbem-27	116	254	0.00	0.00	NUM
fbem-27	116	255	1.00	1.00	NUM
fbem-27	116	256	0.70	0.70	NUM
fbem-27	116	257	0.00	0.00	NUM
fbem-27	116	258	(	(	PUNCT
fbem-27	116	259	21,22	21,22	NOUN
fbem-27	116	260	]	]	SYM
fbem-27	116	261	0	0	NUM
fbem-27	116	262	5	5	NUM
fbem-27	116	263	5	5	NUM
fbem-27	116	264	0.00	0.00	NUM
fbem-27	116	265	1.00	1.00	NUM
fbem-27	116	266	0.70	0.70	NUM
fbem-27	116	267	0.00	0.00	NUM
fbem-27	116	268	note	note	NOUN
fbem-27	116	269	:	:	PUNCT
fbem-27	116	270	the	the	DET
fbem-27	116	271	median	median	ADJ
fbem-27	116	272	survival	survival	NOUN
fbem-27	116	273	analysis	analysis	NOUN
fbem-27	116	274	time	time	NOUN
fbem-27	116	275	is	be	AUX
fbem-27	116	276	21.00	21.00	NUM
fbem-27	116	277	figure	figure	NOUN
fbem-27	116	278	5	5	NUM
fbem-27	116	279	.	.	PUNCT
fbem-27	117	1	survival	survival	NOUN
fbem-27	117	2	function	function	PROPN
fbem-27	117	3	diagram	diagram	PROPN
fbem-27	117	4	of	of	ADP
fbem-27	117	5	st	st	PROPN
fbem-27	117	6	enterprise	enterprise	NOUN
fbem-27	117	7	delisting	delisting	NOUN
fbem-27	117	8	event	event	NOUN
fbem-27	117	9	7	7	NUM
fbem-27	117	10	figure	figure	NOUN
fbem-27	117	11	6	6	NUM
fbem-27	117	12	.	.	PUNCT
fbem-27	118	1	the	the	DET
fbem-27	118	2	risk	risk	NOUN
fbem-27	118	3	function	function	NOUN
fbem-27	118	4	diagram	diagram	NOUN
fbem-27	118	5	of	of	ADP
fbem-27	118	6	the	the	DET
fbem-27	118	7	delisting	delisting	ADJ
fbem-27	118	8	event	event	NOUN
fbem-27	118	9	of	of	ADP
fbem-27	118	10	st	st	PROPN
fbem-27	118	11	companies	company	NOUN
fbem-27	118	12	5	5	NUM
fbem-27	118	13	.	.	PUNCT
fbem-27	119	1	research	research	NOUN
fbem-27	119	2	conclusions	conclusion	NOUN
fbem-27	119	3	this	this	DET
fbem-27	119	4	article	article	NOUN
fbem-27	119	5	takes	take	VERB
fbem-27	119	6	the	the	DET
fbem-27	119	7	chinese	chinese	ADJ
fbem-27	119	8	listed	list	VERB
fbem-27	119	9	companies	company	NOUN
fbem-27	119	10	that	that	PRON
fbem-27	119	11	were	be	AUX
fbem-27	119	12	processed	process	VERB
fbem-27	119	13	by	by	ADP
fbem-27	119	14	st	st	PROPN
fbem-27	119	15	from	from	ADP
fbem-27	119	16	1998	1998	NUM
fbem-27	119	17	to	to	ADP
fbem-27	119	18	2020	2020	NUM
fbem-27	119	19	as	as	ADP
fbem-27	119	20	the	the	DET
fbem-27	119	21	research	research	NOUN
fbem-27	119	22	object	object	NOUN
fbem-27	119	23	.	.	PUNCT
fbem-27	120	1	based	base	VERB
fbem-27	120	2	on	on	ADP
fbem-27	120	3	the	the	DET
fbem-27	120	4	life	life	NOUN
fbem-27	120	5	table	table	NOUN
fbem-27	120	6	method	method	NOUN
fbem-27	120	7	,	,	PUNCT
fbem-27	120	8	this	this	DET
fbem-27	120	9	paper	paper	NOUN
fbem-27	120	10	explores	explore	VERB
fbem-27	120	11	the	the	DET
fbem-27	120	12	timing	timing	NOUN
fbem-27	120	13	of	of	ADP
fbem-27	120	14	the	the	DET
fbem-27	120	15	decap	decap	NOUN
fbem-27	120	16	and	and	CCONJ
fbem-27	120	17	delisting	delisting	NOUN
fbem-27	120	18	of	of	ADP
fbem-27	120	19	st	st	PROPN
fbem-27	120	20	companies	company	NOUN
fbem-27	120	21	,	,	PUNCT
fbem-27	120	22	and	and	CCONJ
fbem-27	120	23	the	the	DET
fbem-27	120	24	following	follow	VERB
fbem-27	120	25	conclusions	conclusion	NOUN
fbem-27	120	26	can	can	AUX
fbem-27	120	27	be	be	AUX
fbem-27	120	28	drawn	draw	VERB
fbem-27	120	29	:	:	PUNCT
fbem-27	120	30	(	(	PUNCT
fbem-27	120	31	1	1	X
fbem-27	120	32	)	)	PUNCT
fbem-27	120	33	after	after	SCONJ
fbem-27	120	34	a	a	DET
fbem-27	120	35	listed	list	VERB
fbem-27	120	36	company	company	NOUN
fbem-27	120	37	has	have	AUX
fbem-27	120	38	been	be	AUX
fbem-27	120	39	subject	subject	ADJ
fbem-27	120	40	to	to	ADP
fbem-27	120	41	special	special	ADJ
fbem-27	120	42	treatment	treatment	NOUN
fbem-27	120	43	,	,	PUNCT
fbem-27	120	44	the	the	DET
fbem-27	120	45	probability	probability	NOUN
fbem-27	120	46	of	of	ADP
fbem-27	120	47	an	an	DET
fbem-27	120	48	event	event	NOUN
fbem-27	120	49	of	of	ADP
fbem-27	120	50	cap	cap	NOUN
fbem-27	120	51	removal	removal	NOUN
fbem-27	120	52	first	first	ADJ
fbem-27	120	53	increases	increase	NOUN
fbem-27	120	54	and	and	CCONJ
fbem-27	120	55	then	then	ADV
fbem-27	120	56	decreases	decrease	VERB
fbem-27	120	57	.	.	PUNCT
fbem-27	121	1	it	it	PRON
fbem-27	121	2	peaks	peak	VERB
fbem-27	121	3	in	in	ADP
fbem-27	121	4	the	the	DET
fbem-27	121	5	second	second	ADJ
fbem-27	121	6	year	year	NOUN
fbem-27	121	7	after	after	ADP
fbem-27	121	8	st	st	PROPN
fbem-27	121	9	,	,	PUNCT
fbem-27	121	10	and	and	CCONJ
fbem-27	121	11	begins	begin	VERB
fbem-27	121	12	to	to	PART
fbem-27	121	13	drop	drop	VERB
fbem-27	121	14	sharply	sharply	ADV
fbem-27	121	15	in	in	ADP
fbem-27	121	16	the	the	DET
fbem-27	121	17	third	third	ADJ
fbem-27	121	18	year	year	NOUN
fbem-27	121	19	.	.	PUNCT
fbem-27	122	1	in	in	ADP
fbem-27	122	2	the	the	DET
fbem-27	122	3	sixth	sixth	ADJ
fbem-27	122	4	year	year	NOUN
fbem-27	122	5	and	and	CCONJ
fbem-27	122	6	beyond	beyond	ADP
fbem-27	122	7	,	,	PUNCT
fbem-27	122	8	cap	cap	NOUN
fbem-27	122	9	removal	removal	NOUN
fbem-27	122	10	can	can	AUX
fbem-27	122	11	be	be	AUX
fbem-27	122	12	achieved	achieve	VERB
fbem-27	122	13	.	.	PUNCT
fbem-27	123	1	there	there	PRON
fbem-27	123	2	are	be	VERB
fbem-27	123	3	very	very	ADV
fbem-27	123	4	few	few	ADJ
fbem-27	123	5	st	st	PROPN
fbem-27	123	6	companies	company	NOUN
fbem-27	123	7	.	.	PUNCT
fbem-27	124	1	this	this	PRON
fbem-27	124	2	is	be	AUX
fbem-27	124	3	because	because	SCONJ
fbem-27	124	4	most	most	ADJ
fbem-27	124	5	listed	list	VERB
fbem-27	124	6	companies	company	NOUN
fbem-27	124	7	will	will	AUX
fbem-27	124	8	have	have	VERB
fbem-27	124	9	a	a	DET
fbem-27	124	10	sense	sense	NOUN
fbem-27	124	11	of	of	ADP
fbem-27	124	12	crisis	crisis	NOUN
fbem-27	124	13	and	and	CCONJ
fbem-27	124	14	actively	actively	ADV
fbem-27	124	15	rectify	rectify	VERB
fbem-27	124	16	and	and	CCONJ
fbem-27	124	17	reform	reform	NOUN
fbem-27	124	18	once	once	SCONJ
fbem-27	124	19	they	they	PRON
fbem-27	124	20	are	be	AUX
fbem-27	124	21	implemented	implement	VERB
fbem-27	124	22	.	.	PUNCT
fbem-27	125	1	this	this	DET
fbem-27	125	2	process	process	NOUN
fbem-27	125	3	will	will	AUX
fbem-27	125	4	take	take	VERB
fbem-27	125	5	about	about	ADV
fbem-27	125	6	one	one	NUM
fbem-27	125	7	to	to	ADP
fbem-27	125	8	two	two	NUM
fbem-27	125	9	years	year	NOUN
fbem-27	125	10	;	;	PUNCT
fbem-27	125	11	but	but	CCONJ
fbem-27	125	12	if	if	SCONJ
fbem-27	125	13	the	the	DET
fbem-27	125	14	st	st	PROPN
fbem-27	125	15	company	company	NOUN
fbem-27	125	16	can	can	AUX
fbem-27	125	17	not	not	PART
fbem-27	125	18	recover	recover	VERB
fbem-27	125	19	its	its	PRON
fbem-27	125	20	loss	loss	NOUN
fbem-27	125	21	-	-	PUNCT
fbem-27	125	22	making	make	VERB
fbem-27	125	23	operation	operation	NOUN
fbem-27	125	24	within	within	ADP
fbem-27	125	25	three	three	NUM
fbem-27	125	26	years	year	NOUN
fbem-27	125	27	,	,	PUNCT
fbem-27	125	28	the	the	DET
fbem-27	125	29	company	company	NOUN
fbem-27	125	30	will	will	AUX
fbem-27	125	31	basically	basically	ADV
fbem-27	125	32	lose	lose	VERB
fbem-27	125	33	its	its	PRON
fbem-27	125	34	cap	cap	NOUN
fbem-27	125	35	.	.	PUNCT
fbem-27	126	1	possibility	possibility	NOUN
fbem-27	126	2	.	.	PUNCT
fbem-27	127	1	(	(	PUNCT
fbem-27	127	2	2	2	X
fbem-27	127	3	)	)	PUNCT
fbem-27	127	4	the	the	DET
fbem-27	127	5	probability	probability	NOUN
fbem-27	127	6	of	of	ADP
fbem-27	127	7	delisting	delisting	NOUN
fbem-27	127	8	of	of	ADP
fbem-27	127	9	listed	list	VERB
fbem-27	127	10	companies	company	NOUN
fbem-27	127	11	after	after	SCONJ
fbem-27	127	12	the	the	DET
fbem-27	127	13	special	special	ADJ
fbem-27	127	14	treatment	treatment	NOUN
fbem-27	127	15	is	be	AUX
fbem-27	127	16	implemented	implement	VERB
fbem-27	127	17	also	also	ADV
fbem-27	127	18	increases	increase	VERB
fbem-27	127	19	first	first	ADV
fbem-27	127	20	and	and	CCONJ
fbem-27	127	21	then	then	ADV
fbem-27	127	22	decreases	decrease	VERB
fbem-27	127	23	,	,	PUNCT
fbem-27	127	24	reaching	reach	VERB
fbem-27	127	25	a	a	DET
fbem-27	127	26	peak	peak	NOUN
fbem-27	127	27	in	in	ADP
fbem-27	127	28	the	the	DET
fbem-27	127	29	third	third	ADJ
fbem-27	127	30	year	year	NOUN
fbem-27	127	31	after	after	ADP
fbem-27	127	32	st	st	PROPN
fbem-27	127	33	.	.	PROPN
fbem-27	127	34	in	in	ADP
fbem-27	127	35	the	the	DET
fbem-27	127	36	fifth	fifth	ADJ
fbem-27	127	37	year	year	NOUN
fbem-27	127	38	and	and	CCONJ
fbem-27	127	39	beyond	beyond	ADV
fbem-27	127	40	,	,	PUNCT
fbem-27	127	41	there	there	PRON
fbem-27	127	42	are	be	VERB
fbem-27	127	43	very	very	ADV
fbem-27	127	44	few	few	ADJ
fbem-27	127	45	st	st	NOUN
fbem-27	127	46	companies	company	NOUN
fbem-27	127	47	delisting	delist	VERB
fbem-27	127	48	.	.	PUNCT
fbem-27	128	1	this	this	PRON
fbem-27	128	2	is	be	AUX
fbem-27	128	3	because	because	SCONJ
fbem-27	128	4	most	most	ADJ
fbem-27	128	5	listed	list	VERB
fbem-27	128	6	companies	company	NOUN
fbem-27	128	7	will	will	AUX
fbem-27	128	8	apply	apply	VERB
fbem-27	128	9	for	for	ADP
fbem-27	128	10	a	a	DET
fbem-27	128	11	grace	grace	NOUN
fbem-27	128	12	period	period	NOUN
fbem-27	128	13	after	after	SCONJ
fbem-27	128	14	the	the	DET
fbem-27	128	15	st	st	PROPN
fbem-27	128	16	is	be	AUX
fbem-27	128	17	implemented	implement	VERB
fbem-27	128	18	.	.	PUNCT
fbem-27	129	1	if	if	SCONJ
fbem-27	129	2	there	there	PRON
fbem-27	129	3	is	be	VERB
fbem-27	129	4	no	no	DET
fbem-27	129	5	improvement	improvement	NOUN
fbem-27	129	6	in	in	ADP
fbem-27	129	7	their	their	PRON
fbem-27	129	8	operating	operating	NOUN
fbem-27	129	9	conditions	condition	NOUN
fbem-27	129	10	during	during	ADP
fbem-27	129	11	the	the	DET
fbem-27	129	12	grace	grace	NOUN
fbem-27	129	13	period	period	NOUN
fbem-27	129	14	,	,	PUNCT
fbem-27	129	15	they	they	PRON
fbem-27	129	16	will	will	AUX
fbem-27	129	17	be	be	AUX
fbem-27	129	18	delisted	delist	VERB
fbem-27	129	19	two	two	NUM
fbem-27	129	20	to	to	PART
fbem-27	129	21	three	three	NUM
fbem-27	129	22	years	year	NOUN
fbem-27	129	23	after	after	ADP
fbem-27	129	24	the	the	DET
fbem-27	129	25	st	st	PROPN
fbem-27	129	26	.	.	PROPN
fbem-27	129	27	references	reference	NOUN
fbem-27	129	28	[	[	X
fbem-27	129	29	1	1	NUM
fbem-27	129	30	]	]	PUNCT
fbem-27	129	31	chen	chen	PROPN
fbem-27	129	32	jing	jing	PROPN
fbem-27	129	33	.	.	PUNCT
fbem-27	130	1	an	an	DET
fbem-27	130	2	empirical	empirical	ADJ
fbem-27	130	3	analysis	analysis	NOUN
fbem-27	130	4	of	of	ADP
fbem-27	130	5	the	the	DET
fbem-27	130	6	financial	financial	ADJ
fbem-27	130	7	deterioration	deterioration	NOUN
fbem-27	130	8	forecast	forecast	NOUN
fbem-27	130	9	of	of	ADP
fbem-27	130	10	listed	list	VERB
fbem-27	130	11	companies	company	NOUN
fbem-27	130	12	[	[	X
fbem-27	130	13	j	j	X
fbem-27	130	14	]	]	X
fbem-27	130	15	.	.	PUNCT
fbem-27	131	1	accounting	accounting	NOUN
fbem-27	131	2	research	research	NOUN
fbem-27	131	3	,	,	PUNCT
fbem-27	131	4	1999	1999	NUM
fbem-27	131	5	,	,	PUNCT
fbem-27	131	6	4(9	4(9	NUM
fbem-27	131	7	):	):	PUNCT
fbem-27	131	8	31	31	NUM
fbem-27	131	9	-	-	SYM
fbem-27	131	10	38	38	NUM
fbem-27	131	11	.	.	PUNCT
fbem-27	132	1	[	[	X
fbem-27	132	2	2	2	NUM
fbem-27	132	3	]	]	X
fbem-27	132	4	zhang	zhang	PROPN
fbem-27	132	5	aimin	aimin	PROPN
fbem-27	132	6	,	,	PUNCT
fbem-27	132	7	zhu	zhu	PROPN
fbem-27	132	8	chunshan	chunshan	PROPN
fbem-27	132	9	,	,	PUNCT
fbem-27	132	10	xu	xu	PROPN
fbem-27	132	11	danjian	danjian	PROPN
fbem-27	132	12	.	.	PUNCT
fbem-27	133	1	principal	principal	ADJ
fbem-27	133	2	component	component	NOUN
fbem-27	133	3	forecasting	forecasting	NOUN
fbem-27	133	4	model	model	NOUN
fbem-27	133	5	and	and	CCONJ
fbem-27	133	6	empirical	empirical	ADJ
fbem-27	133	7	research	research	NOUN
fbem-27	133	8	on	on	ADP
fbem-27	133	9	the	the	DET
fbem-27	133	10	financial	financial	ADJ
fbem-27	133	11	failure	failure	NOUN
fbem-27	133	12	of	of	ADP
fbem-27	133	13	listed	list	VERB
fbem-27	133	14	companies[j	companies[j	NOUN
fbem-27	133	15	]	]	PUNCT
fbem-27	133	16	.	.	PUNCT
fbem-27	134	1	financial	financial	ADJ
fbem-27	134	2	research	research	NOUN
fbem-27	134	3	,	,	PUNCT
fbem-27	134	4	2001(03	2001(03	NUM
fbem-27	134	5	):	):	PUNCT
fbem-27	134	6	10	10	NUM
fbem-27	134	7	-	-	SYM
fbem-27	134	8	25	25	NUM
fbem-27	134	9	.	.	PUNCT
fbem-27	135	1	[	[	X
fbem-27	135	2	3	3	X
fbem-27	135	3	]	]	X
fbem-27	135	4	zhang	zhang	PROPN
fbem-27	135	5	zhiwang	zhiwang	PROPN
fbem-27	135	6	.	.	PUNCT
fbem-27	136	1	a	a	DET
fbem-27	136	2	quantitative	quantitative	ADJ
fbem-27	136	3	analysis	analysis	NOUN
fbem-27	136	4	of	of	ADP
fbem-27	136	5	the	the	DET
fbem-27	136	6	cost	cost	NOUN
fbem-27	136	7	of	of	ADP
fbem-27	136	8	financial	financial	ADJ
fbem-27	136	9	distress	distress	NOUN
fbem-27	136	10	of	of	ADP
fbem-27	136	11	listed	list	VERB
fbem-27	136	12	companies	company	NOUN
fbem-27	136	13	——	——	PUNCT
fbem-27	136	14	based	base	VERB
fbem-27	136	15	on	on	ADP
fbem-27	136	16	the	the	DET
fbem-27	136	17	empirical	empirical	ADJ
fbem-27	136	18	study	study	NOUN
fbem-27	136	19	of	of	ADP
fbem-27	136	20	st	st	PROPN
fbem-27	136	21	companies	company	NOUN
fbem-27	136	22	from	from	ADP
fbem-27	136	23	1998	1998	NUM
fbem-27	136	24	to	to	ADP
fbem-27	136	25	2002	2002	NUM
fbem-27	137	1	[	[	X
fbem-27	137	2	d	d	X
fbem-27	137	3	]	]	X
fbem-27	137	4	.	.	PUNCT
fbem-27	138	1	2004	2004	NUM
fbem-27	138	2	.	.	PUNCT
fbem-27	139	1	[	[	X
fbem-27	139	2	4	4	NUM
fbem-27	139	3	]	]	X
fbem-27	139	4	wang	wang	PROPN
fbem-27	139	5	kemin	kemin	PROPN
fbem-27	139	6	,	,	PUNCT
fbem-27	139	7	ji	ji	PROPN
fbem-27	139	8	meiguang	meiguang	PROPN
fbem-27	139	9	.	.	PUNCT
fbem-27	140	1	research	research	NOUN
fbem-27	140	2	on	on	ADP
fbem-27	140	3	financial	financial	ADJ
fbem-27	140	4	early	early	ADJ
fbem-27	140	5	warning	warning	NOUN
fbem-27	140	6	of	of	ADP
fbem-27	140	7	loss	loss	NOUN
fbem-27	140	8	-	-	PUNCT
fbem-27	140	9	making	make	VERB
fbem-27	140	10	companies	company	NOUN
fbem-27	140	11	based	base	VERB
fbem-27	140	12	on	on	ADP
fbem-27	140	13	financial	financial	ADJ
fbem-27	140	14	and	and	CCONJ
fbem-27	140	15	nonfinancial	nonfinancial	ADJ
fbem-27	140	16	indicators	indicator	NOUN
fbem-27	140	17	——	——	PUNCT
fbem-27	140	18	taking	take	VERB
fbem-27	140	19	company	company	NOUN
fbem-27	140	20	st	st	PROPN
fbem-27	140	21	as	as	ADP
fbem-27	140	22	an	an	DET
fbem-27	140	23	example	example	NOUN
fbem-27	141	1	[	[	X
fbem-27	141	2	d	d	X
fbem-27	141	3	]	]	X
fbem-27	141	4	.	.	PUNCT
fbem-27	142	1	2006	2006	NUM
fbem-27	142	2	.	.	PUNCT
fbem-27	143	1	[	[	X
fbem-27	143	2	5	5	NUM
fbem-27	143	3	]	]	X
fbem-27	143	4	luo	luo	PROPN
fbem-27	143	5	gongli	gongli	PROPN
fbem-27	143	6	,	,	PUNCT
fbem-27	143	7	wu	wu	PROPN
fbem-27	143	8	jingchao	jingchao	PROPN
fbem-27	143	9	.	.	PUNCT
fbem-27	144	1	research	research	NOUN
fbem-27	144	2	on	on	ADP
fbem-27	144	3	the	the	DET
fbem-27	144	4	discrimination	discrimination	NOUN
fbem-27	144	5	of	of	ADP
fbem-27	144	6	st	st	PROPN
fbem-27	144	7	company	company	NOUN
fbem-27	144	8	delisting	delist	VERB
fbem-27	144	9	risk	risk	NOUN
fbem-27	144	10	based	base	VERB
fbem-27	144	11	on	on	ADP
fbem-27	144	12	financial	financial	ADJ
fbem-27	144	13	indicators[j	indicators[j	PROPN
fbem-27	144	14	]	]	PUNCT
fbem-27	144	15	.	.	PUNCT
fbem-27	145	1	journal	journal	PROPN
fbem-27	145	2	of	of	ADP
fbem-27	145	3	qingdao	qingdao	PROPN
fbem-27	145	4	university	university	PROPN
fbem-27	145	5	of	of	ADP
fbem-27	145	6	science	science	NOUN
fbem-27	145	7	and	and	CCONJ
fbem-27	145	8	technology	technology	NOUN
fbem-27	145	9	(	(	PUNCT
fbem-27	145	10	social	social	ADJ
fbem-27	145	11	science	science	NOUN
fbem-27	145	12	edition	edition	PROPN
fbem-27	145	13	)	)	PUNCT
fbem-27	145	14	,	,	PUNCT
fbem-27	145	15	2007(04	2007(04	NUM
fbem-27	145	16	):	):	PUNCT
fbem-27	145	17	45	45	NUM
fbem-27	145	18	-	-	SYM
fbem-27	145	19	48	48	NUM
fbem-27	145	20	.	.	PUNCT
fbem-27	146	1	[	[	X
fbem-27	146	2	6	6	NUM
fbem-27	146	3	]	]	PUNCT
fbem-27	146	4	pan	pan	PROPN
fbem-27	146	5	yue	yue	PROPN
fbem-27	146	6	,	,	PUNCT
fbem-27	146	7	dai	dai	PROPN
fbem-27	146	8	yiyi	yiyi	PROPN
fbem-27	146	9	,	,	PUNCT
fbem-27	146	10	li	li	PROPN
fbem-27	146	11	caixi	caixi	PROPN
fbem-27	146	12	.	.	PUNCT
fbem-27	147	1	political	political	ADJ
fbem-27	147	2	connections	connection	NOUN
fbem-27	147	3	and	and	CCONJ
fbem-27	147	4	government	government	NOUN
fbem-27	147	5	subsidies	subsidy	NOUN
fbem-27	147	6	for	for	ADP
fbem-27	147	7	companies	company	NOUN
fbem-27	147	8	in	in	ADP
fbem-27	147	9	financial	financial	ADJ
fbem-27	147	10	distress	distress	NOUN
fbem-27	147	11	:	:	PUNCT
fbem-27	147	12	empirical	empirical	ADJ
fbem-27	147	13	evidence	evidence	NOUN
fbem-27	147	14	from	from	ADP
fbem-27	147	15	chinese	chinese	PROPN
fbem-27	147	16	st	st	PROPN
fbem-27	147	17	companies	company	NOUN
fbem-27	148	1	[	[	X
fbem-27	148	2	j	j	X
fbem-27	148	3	]	]	X
fbem-27	148	4	.	.	PUNCT
fbem-27	149	1	nankai	nankai	PROPN
fbem-27	149	2	management	management	PROPN
fbem-27	149	3	review	review	PROPN
fbem-27	149	4	,	,	PUNCT
fbem-27	149	5	2009	2009	NUM
fbem-27	149	6	,	,	PUNCT
fbem-27	149	7	12(05	12(05	NUM
fbem-27	149	8	):	):	PUNCT
fbem-27	149	9	6	6	NUM
fbem-27	149	10	-	-	SYM
fbem-27	149	11	17	17	NUM
fbem-27	149	12	.	.	PUNCT
fbem-27	150	1	[	[	X
fbem-27	150	2	7	7	X
fbem-27	150	3	]	]	X
fbem-27	150	4	cai	cai	X
fbem-27	150	5	chun	chun	PROPN
fbem-27	150	6	,	,	PUNCT
fbem-27	150	7	zhu	zhu	PROPN
fbem-27	150	8	rong	rong	PROPN
fbem-27	150	9	,	,	PUNCT
fbem-27	150	10	he	he	PRON
fbem-27	150	11	hui	hui	PROPN
fbem-27	150	12	,	,	PUNCT
fbem-27	150	13	xie	xie	PROPN
fbem-27	150	14	liufang	liufang	PROPN
fbem-27	150	15	.	.	PUNCT
fbem-27	151	1	earnings	earning	NOUN
fbem-27	151	2	management	management	NOUN
fbem-27	151	3	method	method	NOUN
fbem-27	151	4	selection	selection	NOUN
fbem-27	151	5	,	,	PUNCT
fbem-27	151	6	behavioral	behavioral	ADJ
fbem-27	151	7	recession	recession	NOUN
fbem-27	151	8	and	and	CCONJ
fbem-27	151	9	improvement	improvement	NOUN
fbem-27	151	10	of	of	ADP
fbem-27	151	11	dying	die	VERB
fbem-27	151	12	company	company	NOUN
fbem-27	151	13	status	status	NOUN
fbem-27	151	14	:	:	PUNCT
fbem-27	151	15	empirical	empirical	ADJ
fbem-27	151	16	evidence	evidence	NOUN
fbem-27	151	17	from	from	ADP
fbem-27	151	18	a	a	DET
fbem-27	151	19	-	-	PUNCT
fbem-27	151	20	share	share	NOUN
fbem-27	151	21	special	special	ADJ
fbem-27	151	22	handling	handling	NOUN
fbem-27	151	23	companies[j	companies[j	NOUN
fbem-27	151	24	]	]	PUNCT
fbem-27	151	25	.	.	PUNCT
fbem-27	152	1	accounting	accounting	NOUN
fbem-27	152	2	research	research	NOUN
fbem-27	152	3	,	,	PUNCT
fbem-27	152	4	2012(09	2012(09	NUM
fbem-27	152	5	)	)	PUNCT
fbem-27	152	6	):	):	PUNCT
fbem-27	152	7	31	31	NUM
fbem-27	152	8	-	-	SYM
fbem-27	152	9	39	39	NUM
fbem-27	152	10	+	+	NOUN
fbem-27	152	11	96	96	NUM
fbem-27	152	12	.	.	PUNCT
fbem-27	153	1	[	[	X
fbem-27	153	2	8	8	NUM
fbem-27	153	3	]	]	X
fbem-27	153	4	shao	shao	PROPN
fbem-27	153	5	xinjian	xinjian	PROPN
fbem-27	153	6	,	,	PUNCT
fbem-27	153	7	jia	jia	PROPN
fbem-27	153	8	zhongzheng	zhongzheng	PROPN
fbem-27	153	9	,	,	PUNCT
fbem-27	153	10	zhao	zhao	PROPN
fbem-27	153	11	yingxue	yingxue	PROPN
fbem-27	153	12	,	,	PUNCT
fbem-27	153	13	jiang	jiang	PROPN
fbem-27	153	14	ping	ping	PROPN
fbem-27	153	15	,	,	PUNCT
fbem-27	153	16	xue	xue	PROPN
fbem-27	153	17	yi	yi	PROPN
fbem-27	153	18	.	.	PUNCT
fbem-27	154	1	backdoor	backdoor	NOUN
fbem-27	154	2	listings	listing	NOUN
fbem-27	154	3	,	,	PUNCT
fbem-27	154	4	insider	insider	NOUN
fbem-27	154	5	trading	trading	NOUN
fbem-27	154	6	and	and	CCONJ
fbem-27	154	7	stock	stock	NOUN
fbem-27	154	8	price	price	NOUN
fbem-27	154	9	changes	change	NOUN
fbem-27	154	10	:	:	PUNCT
fbem-27	154	11	a	a	DET
fbem-27	154	12	study	study	NOUN
fbem-27	154	13	based	base	VERB
fbem-27	154	14	on	on	ADP
fbem-27	154	15	st	st	PROPN
fbem-27	154	16	companies[j	companies[j	PROPN
fbem-27	154	17	]	]	PUNCT
fbem-27	154	18	.	.	PUNCT
fbem-27	155	1	financial	financial	ADJ
fbem-27	155	2	research	research	NOUN
fbem-27	155	3	,	,	PUNCT
fbem-27	155	4	2014(05	2014(05	NUM
fbem-27	155	5	):	):	PUNCT
fbem-27	155	6	126	126	NUM
fbem-27	155	7	-	-	SYM
fbem-27	155	8	142	142	NUM
fbem-27	155	9	.	.	PUNCT
fbem-27	156	1	[	[	X
fbem-27	156	2	9	9	NUM
fbem-27	156	3	]	]	X
fbem-27	156	4	zhao	zhao	PROPN
fbem-27	156	5	qiwei	qiwei	PROPN
fbem-27	156	6	,	,	PUNCT
fbem-27	156	7	zhang	zhang	PROPN
fbem-27	156	8	nan	nan	PROPN
fbem-27	156	9	.	.	PUNCT
fbem-27	157	1	analysis	analysis	NOUN
fbem-27	157	2	of	of	ADP
fbem-27	157	3	ownership	ownership	NOUN
fbem-27	157	4	structure	structure	NOUN
fbem-27	157	5	,	,	PUNCT
fbem-27	157	6	subordination	subordination	NOUN
fbem-27	157	7	relationship	relationship	NOUN
fbem-27	157	8	and	and	CCONJ
fbem-27	157	9	state	state	NOUN
fbem-27	157	10	-	-	PUNCT
fbem-27	157	11	owned	own	VERB
fbem-27	157	12	enterprise	enterprise	NOUN
fbem-27	157	13	survival[j	survival[j	NUM
fbem-27	157	14	]	]	PUNCT
fbem-27	157	15	.	.	PUNCT
fbem-27	158	1	economic	economic	ADJ
fbem-27	158	2	review	review	PROPN
fbem-27	158	3	,	,	PUNCT
fbem-27	158	4	2015(1	2015(1	NUM
fbem-27	158	5	):	):	PUNCT
fbem-27	158	6	54	54	NUM
fbem-27	158	7	-	-	SYM
fbem-27	158	8	65	65	NUM
fbem-27	158	9	.	.	PUNCT
