id	sid	tid	token	lemma	pos
fbem-27657	1	1	frontiers	frontier	NOUN
fbem-27657	1	2	in	in	ADP
fbem-27657	1	3	business	business	NOUN
fbem-27657	1	4	,	,	PUNCT
fbem-27657	1	5	economics	economic	NOUN
fbem-27657	1	6	and	and	CCONJ
fbem-27657	1	7	management	management	NOUN
fbem-27657	1	8	issn	issn	PROPN
fbem-27657	1	9	:	:	PUNCT
fbem-27657	1	10	2766	2766	NUM
fbem-27657	1	11	-	-	PUNCT
fbem-27657	1	12	824x	824x	NUM
fbem-27657	1	13	|	|	ADJ
fbem-27657	1	14	vol	vol	NOUN
fbem-27657	1	15	.	.	PROPN
fbem-27657	1	16	17	17	NUM
fbem-27657	1	17	,	,	PUNCT
fbem-27657	1	18	no	no	INTJ
fbem-27657	1	19	.	.	NOUN
fbem-27657	1	20	2	2	NUM
fbem-27657	1	21	,	,	PUNCT
fbem-27657	1	22	2024	2024	NUM
fbem-27657	1	23	151	151	NUM
fbem-27657	1	24	the	the	DET
fbem-27657	1	25	necessity	necessity	NOUN
fbem-27657	1	26	for	for	ADP
fbem-27657	1	27	developing	develop	VERB
fbem-27657	1	28	a	a	DET
fbem-27657	1	29	mandatory	mandatory	ADJ
fbem-27657	1	30	environmental	environmental	ADJ
fbem-27657	1	31	information	information	NOUN
fbem-27657	1	32	disclosure	disclosure	NOUN
fbem-27657	1	33	system	system	NOUN
fbem-27657	1	34	for	for	ADP
fbem-27657	1	35	esg	esg	PROPN
fbem-27657	1	36	in	in	ADP
fbem-27657	1	37	china	china	PROPN
fbem-27657	1	38	:	:	PUNCT
fbem-27657	1	39	from	from	ADP
fbem-27657	1	40	the	the	DET
fbem-27657	1	41	perspective	perspective	NOUN
fbem-27657	1	42	of	of	ADP
fbem-27657	1	43	corporate	corporate	ADJ
fbem-27657	1	44	compliance	compliance	NOUN
fbem-27657	1	45	zehua	zehua	PROPN
fbem-27657	1	46	zhang	zhang	PROPN
fbem-27657	1	47	*	*	PUNCT
fbem-27657	1	48	faculty	faculty	NOUN
fbem-27657	1	49	of	of	ADP
fbem-27657	1	50	law	law	NOUN
fbem-27657	1	51	,	,	PUNCT
fbem-27657	1	52	the	the	DET
fbem-27657	1	53	chinese	chinese	ADJ
fbem-27657	1	54	university	university	PROPN
fbem-27657	1	55	of	of	ADP
fbem-27657	1	56	hong	hong	PROPN
fbem-27657	1	57	kong	kong	PROPN
fbem-27657	1	58	,	,	PUNCT
fbem-27657	1	59	shanghai	shanghai	PROPN
fbem-27657	1	60	,	,	PUNCT
fbem-27657	1	61	200120	200120	NUM
fbem-27657	1	62	,	,	PUNCT
fbem-27657	1	63	china	china	PROPN
fbem-27657	1	64	*	*	PUNCT
fbem-27657	1	65	corresponding	correspond	VERB
fbem-27657	1	66	author	author	NOUN
fbem-27657	1	67	:	:	PUNCT
fbem-27657	1	68	zehua	zehua	PROPN
fbem-27657	1	69	zhang	zhang	PROPN
fbem-27657	1	70	(	(	PUNCT
fbem-27657	1	71	email	email	NOUN
fbem-27657	1	72	:	:	PUNCT
fbem-27657	1	73	zzh_heart@163.com	zzh_heart@163.com	NOUN
fbem-27657	1	74	)	)	PUNCT
fbem-27657	1	75	abstract	abstract	NOUN
fbem-27657	1	76	:	:	PUNCT
fbem-27657	1	77	this	this	DET
fbem-27657	1	78	paper	paper	NOUN
fbem-27657	1	79	explores	explore	VERB
fbem-27657	1	80	the	the	DET
fbem-27657	1	81	necessity	necessity	NOUN
fbem-27657	1	82	of	of	ADP
fbem-27657	1	83	establishing	establish	VERB
fbem-27657	1	84	a	a	DET
fbem-27657	1	85	mandatory	mandatory	ADJ
fbem-27657	1	86	environmental	environmental	ADJ
fbem-27657	1	87	information	information	NOUN
fbem-27657	1	88	disclosure	disclosure	NOUN
fbem-27657	1	89	system	system	NOUN
fbem-27657	1	90	in	in	ADP
fbem-27657	1	91	china	china	PROPN
fbem-27657	1	92	.	.	PUNCT
fbem-27657	2	1	as	as	ADP
fbem-27657	2	2	global	global	ADJ
fbem-27657	2	3	pressures	pressure	NOUN
fbem-27657	2	4	for	for	ADP
fbem-27657	2	5	climate	climate	NOUN
fbem-27657	2	6	change	change	NOUN
fbem-27657	2	7	and	and	CCONJ
fbem-27657	2	8	environmental	environmental	ADJ
fbem-27657	2	9	protection	protection	NOUN
fbem-27657	2	10	increase	increase	NOUN
fbem-27657	2	11	,	,	PUNCT
fbem-27657	2	12	governments	government	NOUN
fbem-27657	2	13	worldwide	worldwide	ADV
fbem-27657	2	14	are	be	AUX
fbem-27657	2	15	enhancing	enhance	VERB
fbem-27657	2	16	requirements	requirement	NOUN
fbem-27657	2	17	for	for	ADP
fbem-27657	2	18	non	non	ADJ
fbem-27657	2	19	-	-	ADJ
fbem-27657	2	20	financial	financial	ADJ
fbem-27657	2	21	corporate	corporate	ADJ
fbem-27657	2	22	disclosures	disclosure	NOUN
fbem-27657	2	23	.	.	PUNCT
fbem-27657	3	1	china	china	PROPN
fbem-27657	3	2	,	,	PUNCT
fbem-27657	3	3	as	as	ADP
fbem-27657	3	4	the	the	DET
fbem-27657	3	5	world	world	NOUN
fbem-27657	3	6	's	's	PART
fbem-27657	3	7	second	second	ADV
fbem-27657	3	8	-	-	PUNCT
fbem-27657	3	9	largest	large	ADJ
fbem-27657	3	10	economy	economy	NOUN
fbem-27657	3	11	,	,	PUNCT
fbem-27657	3	12	is	be	AUX
fbem-27657	3	13	improving	improve	VERB
fbem-27657	3	14	its	its	PRON
fbem-27657	3	15	esg	esg	NOUN
fbem-27657	3	16	(	(	PUNCT
fbem-27657	3	17	environmental	environmental	ADJ
fbem-27657	3	18	,	,	PUNCT
fbem-27657	3	19	social	social	ADJ
fbem-27657	3	20	,	,	PUNCT
fbem-27657	3	21	and	and	CCONJ
fbem-27657	3	22	governance	governance	NOUN
fbem-27657	3	23	)	)	PUNCT
fbem-27657	3	24	disclosure	disclosure	NOUN
fbem-27657	3	25	regulatory	regulatory	ADJ
fbem-27657	3	26	framework	framework	NOUN
fbem-27657	3	27	to	to	PART
fbem-27657	3	28	promote	promote	VERB
fbem-27657	3	29	corporate	corporate	ADJ
fbem-27657	3	30	compliance	compliance	NOUN
fbem-27657	3	31	and	and	CCONJ
fbem-27657	3	32	sustainable	sustainable	ADJ
fbem-27657	3	33	development	development	NOUN
fbem-27657	3	34	.	.	PUNCT
fbem-27657	4	1	however	however	ADV
fbem-27657	4	2	,	,	PUNCT
fbem-27657	4	3	the	the	DET
fbem-27657	4	4	current	current	ADJ
fbem-27657	4	5	scope	scope	NOUN
fbem-27657	4	6	of	of	ADP
fbem-27657	4	7	environmental	environmental	ADJ
fbem-27657	4	8	information	information	NOUN
fbem-27657	4	9	disclosure	disclosure	NOUN
fbem-27657	4	10	in	in	ADP
fbem-27657	4	11	china	china	PROPN
fbem-27657	4	12	is	be	AUX
fbem-27657	4	13	limited	limit	VERB
fbem-27657	4	14	and	and	CCONJ
fbem-27657	4	15	its	its	PRON
fbem-27657	4	16	effectiveness	effectiveness	NOUN
fbem-27657	4	17	is	be	AUX
fbem-27657	4	18	minimal	minimal	ADJ
fbem-27657	4	19	.	.	PUNCT
fbem-27657	5	1	this	this	DET
fbem-27657	5	2	paper	paper	NOUN
fbem-27657	5	3	argues	argue	VERB
fbem-27657	5	4	that	that	SCONJ
fbem-27657	5	5	comprehensive	comprehensive	ADJ
fbem-27657	5	6	mandatory	mandatory	ADJ
fbem-27657	5	7	environmental	environmental	ADJ
fbem-27657	5	8	disclosure	disclosure	NOUN
fbem-27657	5	9	is	be	AUX
fbem-27657	5	10	crucial	crucial	ADJ
fbem-27657	5	11	for	for	ADP
fbem-27657	5	12	enhancing	enhance	VERB
fbem-27657	5	13	corporate	corporate	ADJ
fbem-27657	5	14	transparency	transparency	NOUN
fbem-27657	5	15	and	and	CCONJ
fbem-27657	5	16	investor	investor	NOUN
fbem-27657	5	17	confidence	confidence	NOUN
fbem-27657	5	18	.	.	PUNCT
fbem-27657	6	1	it	it	PRON
fbem-27657	6	2	also	also	ADV
fbem-27657	6	3	helps	help	VERB
fbem-27657	6	4	prevent	prevent	VERB
fbem-27657	6	5	greenwashing	greenwashing	NOUN
fbem-27657	6	6	and	and	CCONJ
fbem-27657	6	7	carbon	carbon	NOUN
fbem-27657	6	8	washing	washing	NOUN
fbem-27657	6	9	practices	practice	NOUN
fbem-27657	6	10	,	,	PUNCT
fbem-27657	6	11	reducing	reduce	VERB
fbem-27657	6	12	legal	legal	ADJ
fbem-27657	6	13	and	and	CCONJ
fbem-27657	6	14	reputational	reputational	ADJ
fbem-27657	6	15	risks	risk	NOUN
fbem-27657	6	16	for	for	ADP
fbem-27657	6	17	companies	company	NOUN
fbem-27657	6	18	.	.	PUNCT
fbem-27657	7	1	to	to	PART
fbem-27657	7	2	achieve	achieve	VERB
fbem-27657	7	3	effective	effective	ADJ
fbem-27657	7	4	environmental	environmental	ADJ
fbem-27657	7	5	information	information	NOUN
fbem-27657	7	6	disclosure	disclosure	NOUN
fbem-27657	7	7	,	,	PUNCT
fbem-27657	7	8	the	the	DET
fbem-27657	7	9	paper	paper	NOUN
fbem-27657	7	10	suggests	suggest	VERB
fbem-27657	7	11	developing	develop	VERB
fbem-27657	7	12	standardized	standardized	ADJ
fbem-27657	7	13	disclosure	disclosure	NOUN
fbem-27657	7	14	guidelines	guideline	NOUN
fbem-27657	7	15	,	,	PUNCT
fbem-27657	7	16	establishing	establish	VERB
fbem-27657	7	17	compliance	compliance	NOUN
fbem-27657	7	18	incentive	incentive	NOUN
fbem-27657	7	19	systems	system	NOUN
fbem-27657	7	20	,	,	PUNCT
fbem-27657	7	21	and	and	CCONJ
fbem-27657	7	22	fostering	foster	VERB
fbem-27657	7	23	a	a	DET
fbem-27657	7	24	corporate	corporate	ADJ
fbem-27657	7	25	culture	culture	NOUN
fbem-27657	7	26	of	of	ADP
fbem-27657	7	27	green	green	ADJ
fbem-27657	7	28	compliance	compliance	NOUN
fbem-27657	7	29	,	,	PUNCT
fbem-27657	7	30	thus	thus	ADV
fbem-27657	7	31	promoting	promote	VERB
fbem-27657	7	32	ecological	ecological	ADJ
fbem-27657	7	33	civilization	civilization	NOUN
fbem-27657	7	34	construction	construction	NOUN
fbem-27657	7	35	in	in	ADP
fbem-27657	7	36	china	china	PROPN
fbem-27657	7	37	.	.	PUNCT
fbem-27657	8	1	keywords	keyword	NOUN
fbem-27657	8	2	:	:	PUNCT
fbem-27657	8	3	mandatory	mandatory	ADJ
fbem-27657	8	4	environmental	environmental	ADJ
fbem-27657	8	5	disclosure	disclosure	NOUN
fbem-27657	8	6	,	,	PUNCT
fbem-27657	8	7	esg	esg	PROPN
fbem-27657	8	8	,	,	PUNCT
fbem-27657	8	9	corporate	corporate	ADJ
fbem-27657	8	10	transparency	transparency	NOUN
fbem-27657	8	11	,	,	PUNCT
fbem-27657	8	12	corporate	corporate	ADJ
fbem-27657	8	13	compliance	compliance	NOUN
fbem-27657	8	14	,	,	PUNCT
fbem-27657	8	15	compliance	compliance	NOUN
fbem-27657	8	16	incentive	incentive	NOUN
fbem-27657	8	17	,	,	PUNCT
fbem-27657	8	18	greenwashing	greenwashing	NOUN
fbem-27657	8	19	.	.	PUNCT
fbem-27657	9	1	1	1	X
fbem-27657	9	2	.	.	X
fbem-27657	9	3	introduction	introduction	NOUN
fbem-27657	9	4	environmental	environmental	ADJ
fbem-27657	9	5	,	,	PUNCT
fbem-27657	9	6	social	social	ADJ
fbem-27657	9	7	,	,	PUNCT
fbem-27657	9	8	and	and	CCONJ
fbem-27657	9	9	governance	governance	NOUN
fbem-27657	9	10	(	(	PUNCT
fbem-27657	9	11	esg	esg	NOUN
fbem-27657	9	12	)	)	PUNCT
fbem-27657	9	13	disclosure	disclosure	NOUN
fbem-27657	9	14	has	have	AUX
fbem-27657	9	15	emerged	emerge	VERB
fbem-27657	9	16	as	as	ADP
fbem-27657	9	17	a	a	DET
fbem-27657	9	18	critical	critical	ADJ
fbem-27657	9	19	topic	topic	NOUN
fbem-27657	9	20	in	in	ADP
fbem-27657	9	21	global	global	ADJ
fbem-27657	9	22	corporate	corporate	ADJ
fbem-27657	9	23	governance	governance	NOUN
fbem-27657	9	24	and	and	CCONJ
fbem-27657	9	25	sustainable	sustainable	ADJ
fbem-27657	9	26	development	development	NOUN
fbem-27657	9	27	.	.	PUNCT
fbem-27657	10	1	amid	amid	ADP
fbem-27657	10	2	growing	grow	VERB
fbem-27657	10	3	pressures	pressure	NOUN
fbem-27657	10	4	on	on	ADP
fbem-27657	10	5	global	global	ADJ
fbem-27657	10	6	climate	climate	NOUN
fbem-27657	10	7	change	change	NOUN
fbem-27657	10	8	and	and	CCONJ
fbem-27657	10	9	environmental	environmental	ADJ
fbem-27657	10	10	preservation	preservation	NOUN
fbem-27657	10	11	,	,	PUNCT
fbem-27657	10	12	governments	government	NOUN
fbem-27657	10	13	and	and	CCONJ
fbem-27657	10	14	regulatory	regulatory	ADJ
fbem-27657	10	15	bodies	body	NOUN
fbem-27657	10	16	worldwide	worldwide	ADV
fbem-27657	10	17	are	be	AUX
fbem-27657	10	18	increasingly	increasingly	ADV
fbem-27657	10	19	mandating	mandate	VERB
fbem-27657	10	20	non	non	ADJ
fbem-27657	10	21	-	-	ADJ
fbem-27657	10	22	financial	financial	ADJ
fbem-27657	10	23	disclosures	disclosure	NOUN
fbem-27657	10	24	from	from	ADP
fbem-27657	10	25	enterprises	enterprise	NOUN
fbem-27657	10	26	,	,	PUNCT
fbem-27657	10	27	with	with	ADP
fbem-27657	10	28	some	some	DET
fbem-27657	10	29	countries	country	NOUN
fbem-27657	10	30	implementing	implement	VERB
fbem-27657	10	31	mandatory	mandatory	ADJ
fbem-27657	10	32	esg	esg	NOUN
fbem-27657	10	33	disclosure	disclosure	NOUN
fbem-27657	10	34	policies	policy	NOUN
fbem-27657	10	35	[	[	X
fbem-27657	10	36	1	1	NUM
fbem-27657	10	37	]	]	PUNCT
fbem-27657	10	38	.	.	PUNCT
fbem-27657	11	1	as	as	ADP
fbem-27657	11	2	the	the	DET
fbem-27657	11	3	world	world	NOUN
fbem-27657	11	4	's	's	PART
fbem-27657	11	5	second	second	ADV
fbem-27657	11	6	-	-	PUNCT
fbem-27657	11	7	largest	large	ADJ
fbem-27657	11	8	economy	economy	NOUN
fbem-27657	11	9	,	,	PUNCT
fbem-27657	11	10	china	china	PROPN
fbem-27657	11	11	is	be	AUX
fbem-27657	11	12	refining	refine	VERB
fbem-27657	11	13	its	its	PRON
fbem-27657	11	14	regulatory	regulatory	ADJ
fbem-27657	11	15	framework	framework	NOUN
fbem-27657	11	16	for	for	ADP
fbem-27657	11	17	esg	esg	PROPN
fbem-27657	11	18	environmental	environmental	ADJ
fbem-27657	11	19	disclosures	disclosure	NOUN
fbem-27657	11	20	,	,	PUNCT
fbem-27657	11	21	aligning	align	VERB
fbem-27657	11	22	corporate	corporate	ADJ
fbem-27657	11	23	compliance	compliance	NOUN
fbem-27657	11	24	with	with	ADP
fbem-27657	11	25	sustainable	sustainable	ADJ
fbem-27657	11	26	development	development	NOUN
fbem-27657	11	27	objectives	objective	NOUN
fbem-27657	11	28	.	.	PUNCT
fbem-27657	12	1	it	it	PRON
fbem-27657	12	2	is	be	AUX
fbem-27657	12	3	undeniable	undeniable	ADJ
fbem-27657	12	4	that	that	SCONJ
fbem-27657	12	5	china	china	PROPN
fbem-27657	12	6	has	have	AUX
fbem-27657	12	7	achieved	achieve	VERB
fbem-27657	12	8	notable	notable	ADJ
fbem-27657	12	9	progress	progress	NOUN
fbem-27657	12	10	in	in	ADP
fbem-27657	12	11	advancing	advance	VERB
fbem-27657	12	12	mandatory	mandatory	ADJ
fbem-27657	12	13	environmental	environmental	ADJ
fbem-27657	12	14	disclosures	disclosure	NOUN
fbem-27657	12	15	,	,	PUNCT
fbem-27657	12	16	yet	yet	CCONJ
fbem-27657	12	17	current	current	ADJ
fbem-27657	12	18	regulations	regulation	NOUN
fbem-27657	12	19	restrict	restrict	VERB
fbem-27657	12	20	disclosure	disclosure	NOUN
fbem-27657	12	21	primarily	primarily	ADV
fbem-27657	12	22	to	to	ADP
fbem-27657	12	23	specific	specific	ADJ
fbem-27657	12	24	entities	entity	NOUN
fbem-27657	12	25	.	.	PUNCT
fbem-27657	13	1	in	in	ADP
fbem-27657	13	2	practice	practice	NOUN
fbem-27657	13	3	,	,	PUNCT
fbem-27657	13	4	only	only	ADV
fbem-27657	13	5	a	a	DET
fbem-27657	13	6	few	few	ADJ
fbem-27657	13	7	listed	list	VERB
fbem-27657	13	8	companies	company	NOUN
fbem-27657	13	9	and	and	CCONJ
fbem-27657	13	10	bond	bond	NOUN
fbem-27657	13	11	issuers	issuer	NOUN
fbem-27657	13	12	comply	comply	VERB
fbem-27657	13	13	with	with	ADP
fbem-27657	13	14	these	these	DET
fbem-27657	13	15	requirements	requirement	NOUN
fbem-27657	13	16	,	,	PUNCT
fbem-27657	13	17	representing	represent	VERB
fbem-27657	13	18	merely	merely	ADV
fbem-27657	13	19	the	the	DET
fbem-27657	13	20	tip	tip	NOUN
fbem-27657	13	21	of	of	ADP
fbem-27657	13	22	the	the	DET
fbem-27657	13	23	iceberg	iceberg	NOUN
fbem-27657	13	24	in	in	ADP
fbem-27657	13	25	terms	term	NOUN
fbem-27657	13	26	of	of	ADP
fbem-27657	13	27	china	china	PROPN
fbem-27657	13	28	's	's	PART
fbem-27657	13	29	environmental	environmental	ADJ
fbem-27657	13	30	disclosures	disclosure	NOUN
fbem-27657	13	31	.	.	PUNCT
fbem-27657	14	1	should	should	AUX
fbem-27657	14	2	mandatory	mandatory	ADJ
fbem-27657	14	3	environmental	environmental	ADJ
fbem-27657	14	4	disclosure	disclosure	NOUN
fbem-27657	14	5	apply	apply	VERB
fbem-27657	14	6	to	to	ADP
fbem-27657	14	7	all	all	DET
fbem-27657	14	8	listed	list	VERB
fbem-27657	14	9	companies	company	NOUN
fbem-27657	14	10	?	?	PUNCT
fbem-27657	15	1	is	be	AUX
fbem-27657	15	2	comprehensive	comprehensive	ADJ
fbem-27657	15	3	enforcement	enforcement	NOUN
fbem-27657	15	4	necessary	necessary	ADJ
fbem-27657	15	5	?	?	PUNCT
fbem-27657	16	1	and	and	CCONJ
fbem-27657	16	2	if	if	SCONJ
fbem-27657	16	3	a	a	DET
fbem-27657	16	4	comprehensive	comprehensive	ADJ
fbem-27657	16	5	mandatory	mandatory	ADJ
fbem-27657	16	6	environmental	environmental	ADJ
fbem-27657	16	7	disclosure	disclosure	NOUN
fbem-27657	16	8	system	system	NOUN
fbem-27657	16	9	is	be	AUX
fbem-27657	16	10	established	establish	VERB
fbem-27657	16	11	,	,	PUNCT
fbem-27657	16	12	how	how	SCONJ
fbem-27657	16	13	to	to	PART
fbem-27657	16	14	construct	construct	VERB
fbem-27657	16	15	an	an	DET
fbem-27657	16	16	incentive	incentive	NOUN
fbem-27657	16	17	system	system	NOUN
fbem-27657	16	18	to	to	PART
fbem-27657	16	19	counterbalance	counterbalance	VERB
fbem-27657	16	20	the	the	DET
fbem-27657	16	21	negative	negative	ADJ
fbem-27657	16	22	impacts	impact	NOUN
fbem-27657	16	23	of	of	ADP
fbem-27657	16	24	mandatory	mandatory	ADJ
fbem-27657	16	25	regulations	regulation	NOUN
fbem-27657	16	26	,	,	PUNCT
fbem-27657	16	27	thereby	thereby	ADV
fbem-27657	16	28	enhancing	enhance	VERB
fbem-27657	16	29	regulatory	regulatory	ADJ
fbem-27657	16	30	outcomes	outcome	NOUN
fbem-27657	16	31	?	?	PUNCT
fbem-27657	17	1	currently	currently	ADV
fbem-27657	17	2	,	,	PUNCT
fbem-27657	17	3	there	there	PRON
fbem-27657	17	4	is	be	VERB
fbem-27657	17	5	ongoing	ongoing	ADJ
fbem-27657	17	6	debate	debate	NOUN
fbem-27657	17	7	among	among	ADP
fbem-27657	17	8	scholars	scholar	NOUN
fbem-27657	17	9	about	about	ADP
fbem-27657	17	10	whether	whether	SCONJ
fbem-27657	17	11	esg	esg	PROPN
fbem-27657	17	12	information	information	NOUN
fbem-27657	17	13	disclosure	disclosure	NOUN
fbem-27657	17	14	should	should	AUX
fbem-27657	17	15	be	be	AUX
fbem-27657	17	16	mandatory	mandatory	ADJ
fbem-27657	17	17	.	.	PUNCT
fbem-27657	18	1	some	some	DET
fbem-27657	18	2	scholars	scholar	NOUN
fbem-27657	18	3	argue	argue	VERB
fbem-27657	18	4	that	that	SCONJ
fbem-27657	18	5	mandatory	mandatory	ADJ
fbem-27657	18	6	esg	esg	PROPN
fbem-27657	18	7	information	information	NOUN
fbem-27657	18	8	disclosure	disclosure	NOUN
fbem-27657	18	9	has	have	VERB
fbem-27657	18	10	drawbacks	drawback	NOUN
fbem-27657	18	11	,	,	PUNCT
fbem-27657	18	12	suggesting	suggest	VERB
fbem-27657	18	13	that	that	SCONJ
fbem-27657	18	14	such	such	ADJ
fbem-27657	18	15	regulations	regulation	NOUN
fbem-27657	18	16	may	may	AUX
fbem-27657	18	17	not	not	PART
fbem-27657	18	18	necessarily	necessarily	ADV
fbem-27657	18	19	enhance	enhance	VERB
fbem-27657	18	20	the	the	DET
fbem-27657	18	21	quality	quality	NOUN
fbem-27657	18	22	and	and	CCONJ
fbem-27657	18	23	level	level	NOUN
fbem-27657	18	24	of	of	ADP
fbem-27657	18	25	disclosure	disclosure	NOUN
fbem-27657	18	26	.	.	PUNCT
fbem-27657	19	1	atan	atan	PROPN
fbem-27657	19	2	et	et	PROPN
fbem-27657	19	3	al	al	PROPN
fbem-27657	19	4	.	.	PUNCT
fbem-27657	20	1	(	(	PUNCT
fbem-27657	20	2	2016	2016	NUM
fbem-27657	20	3	)	)	PUNCT
fbem-27657	20	4	noted	note	VERB
fbem-27657	20	5	that	that	SCONJ
fbem-27657	20	6	under	under	ADP
fbem-27657	20	7	pressure	pressure	NOUN
fbem-27657	20	8	from	from	ADP
fbem-27657	20	9	stakeholders	stakeholder	NOUN
fbem-27657	20	10	,	,	PUNCT
fbem-27657	20	11	voluntary	voluntary	ADJ
fbem-27657	20	12	disclosure	disclosure	NOUN
fbem-27657	20	13	can	can	AUX
fbem-27657	20	14	achieve	achieve	VERB
fbem-27657	20	15	a	a	DET
fbem-27657	20	16	high	high	ADJ
fbem-27657	20	17	level	level	NOUN
fbem-27657	20	18	of	of	ADP
fbem-27657	20	19	disclosure	disclosure	NOUN
fbem-27657	20	20	[	[	X
fbem-27657	20	21	2	2	NUM
fbem-27657	20	22	]	]	PUNCT
fbem-27657	20	23	.	.	PUNCT
fbem-27657	21	1	cyrus	cyrus	PROPN
fbem-27657	21	2	aghamolla	aghamolla	PROPN
fbem-27657	21	3	et	et	PROPN
fbem-27657	21	4	al	al	PROPN
fbem-27657	21	5	.	.	PROPN
fbem-27657	22	1	(	(	PUNCT
fbem-27657	22	2	2023	2023	NUM
fbem-27657	22	3	)	)	PUNCT
fbem-27657	22	4	found	find	VERB
fbem-27657	22	5	through	through	ADP
fbem-27657	22	6	modeling	model	VERB
fbem-27657	22	7	that	that	SCONJ
fbem-27657	22	8	mandatory	mandatory	ADJ
fbem-27657	22	9	esg	esg	PROPN
fbem-27657	22	10	disclosure	disclosure	NOUN
fbem-27657	22	11	can	can	AUX
fbem-27657	22	12	lead	lead	VERB
fbem-27657	22	13	to	to	ADP
fbem-27657	22	14	overinvestment	overinvestment	ADJ
fbem-27657	22	15	and	and	CCONJ
fbem-27657	22	16	resource	resource	NOUN
fbem-27657	22	17	waste	waste	NOUN
fbem-27657	22	18	,	,	PUNCT
fbem-27657	22	19	whereas	whereas	SCONJ
fbem-27657	22	20	voluntary	voluntary	ADJ
fbem-27657	22	21	systems	system	NOUN
fbem-27657	22	22	may	may	AUX
fbem-27657	22	23	be	be	AUX
fbem-27657	22	24	more	more	ADV
fbem-27657	22	25	efficient	efficient	ADJ
fbem-27657	22	26	in	in	ADP
fbem-27657	22	27	investment	investment	NOUN
fbem-27657	23	1	[	[	X
fbem-27657	23	2	3	3	NUM
fbem-27657	23	3	]	]	PUNCT
fbem-27657	23	4	.	.	PUNCT
fbem-27657	24	1	some	some	DET
fbem-27657	24	2	chinese	chinese	ADJ
fbem-27657	24	3	scholars	scholar	NOUN
fbem-27657	24	4	also	also	ADV
fbem-27657	24	5	advocate	advocate	VERB
fbem-27657	24	6	relying	rely	VERB
fbem-27657	24	7	more	more	ADV
fbem-27657	24	8	on	on	ADP
fbem-27657	24	9	market	market	NOUN
fbem-27657	24	10	mechanisms	mechanism	NOUN
fbem-27657	24	11	and	and	CCONJ
fbem-27657	24	12	voluntary	voluntary	ADJ
fbem-27657	24	13	corporate	corporate	ADJ
fbem-27657	24	14	disclosures	disclosure	NOUN
fbem-27657	24	15	for	for	ADP
fbem-27657	24	16	environmental	environmental	ADJ
fbem-27657	24	17	information	information	NOUN
fbem-27657	24	18	,	,	PUNCT
fbem-27657	24	19	rather	rather	ADV
fbem-27657	24	20	than	than	ADP
fbem-27657	24	21	exclusive	exclusive	ADJ
fbem-27657	24	22	reliance	reliance	NOUN
fbem-27657	24	23	on	on	ADP
fbem-27657	24	24	legal	legal	ADJ
fbem-27657	24	25	mandates	mandate	NOUN
fbem-27657	24	26	[	[	X
fbem-27657	24	27	4	4	NUM
fbem-27657	24	28	]	]	PUNCT
fbem-27657	24	29	.	.	PUNCT
fbem-27657	25	1	however	however	ADV
fbem-27657	25	2	,	,	PUNCT
fbem-27657	25	3	the	the	DET
fbem-27657	25	4	majority	majority	NOUN
fbem-27657	25	5	of	of	ADP
fbem-27657	25	6	scholars	scholar	NOUN
fbem-27657	25	7	support	support	VERB
fbem-27657	25	8	mandatory	mandatory	ADJ
fbem-27657	25	9	esg	esg	PROPN
fbem-27657	25	10	information	information	NOUN
fbem-27657	25	11	disclosure	disclosure	NOUN
fbem-27657	25	12	,	,	PUNCT
fbem-27657	25	13	asserting	assert	VERB
fbem-27657	25	14	that	that	SCONJ
fbem-27657	25	15	it	it	PRON
fbem-27657	25	16	enhances	enhance	VERB
fbem-27657	25	17	company	company	NOUN
fbem-27657	25	18	transparency	transparency	NOUN
fbem-27657	25	19	,	,	PUNCT
fbem-27657	25	20	thereby	thereby	ADV
fbem-27657	25	21	boosting	boost	VERB
fbem-27657	25	22	investor	investor	NOUN
fbem-27657	25	23	confidence	confidence	NOUN
fbem-27657	25	24	and	and	CCONJ
fbem-27657	25	25	company	company	NOUN
fbem-27657	25	26	performance	performance	NOUN
fbem-27657	25	27	[	[	X
fbem-27657	25	28	5	5	NUM
fbem-27657	25	29	,	,	PUNCT
fbem-27657	25	30	6	6	NUM
fbem-27657	25	31	]	]	PUNCT
fbem-27657	25	32	.	.	PUNCT
fbem-27657	26	1	scholars	scholar	NOUN
fbem-27657	26	2	who	who	PRON
fbem-27657	26	3	oppose	oppose	VERB
fbem-27657	26	4	mandatory	mandatory	ADJ
fbem-27657	26	5	esg	esg	PROPN
fbem-27657	26	6	disclosure	disclosure	NOUN
fbem-27657	26	7	generally	generally	ADV
fbem-27657	26	8	view	view	VERB
fbem-27657	26	9	esg	esg	PROPN
fbem-27657	26	10	as	as	ADP
fbem-27657	26	11	an	an	DET
fbem-27657	26	12	integrated	integrated	ADJ
fbem-27657	26	13	whole	whole	NOUN
fbem-27657	26	14	in	in	ADP
fbem-27657	26	15	considering	consider	VERB
fbem-27657	26	16	mandatory	mandatory	ADJ
fbem-27657	26	17	disclosure	disclosure	NOUN
fbem-27657	26	18	,	,	PUNCT
fbem-27657	26	19	overlooking	overlook	VERB
fbem-27657	26	20	the	the	DET
fbem-27657	26	21	independence	independence	NOUN
fbem-27657	26	22	and	and	CCONJ
fbem-27657	26	23	precedence	precedence	NOUN
fbem-27657	26	24	of	of	ADP
fbem-27657	26	25	each	each	DET
fbem-27657	26	26	dimension	dimension	NOUN
fbem-27657	26	27	within	within	ADP
fbem-27657	26	28	esg	esg	PROPN
fbem-27657	26	29	disclosure	disclosure	NOUN
fbem-27657	26	30	.	.	PUNCT
fbem-27657	27	1	this	this	DET
fbem-27657	27	2	paper	paper	NOUN
fbem-27657	27	3	maintains	maintain	VERB
fbem-27657	27	4	that	that	SCONJ
fbem-27657	27	5	mandatory	mandatory	ADJ
fbem-27657	27	6	environmental	environmental	ADJ
fbem-27657	27	7	information	information	NOUN
fbem-27657	27	8	disclosure	disclosure	NOUN
fbem-27657	27	9	is	be	AUX
fbem-27657	27	10	particularly	particularly	ADV
fbem-27657	27	11	urgent	urgent	ADJ
fbem-27657	27	12	and	and	CCONJ
fbem-27657	27	13	significant	significant	ADJ
fbem-27657	27	14	within	within	ADP
fbem-27657	27	15	the	the	DET
fbem-27657	27	16	esg	esg	NOUN
fbem-27657	27	17	framework	framework	NOUN
fbem-27657	27	18	.	.	PUNCT
fbem-27657	28	1	consequently	consequently	ADV
fbem-27657	28	2	,	,	PUNCT
fbem-27657	28	3	this	this	DET
fbem-27657	28	4	paper	paper	NOUN
fbem-27657	28	5	seeks	seek	VERB
fbem-27657	28	6	to	to	PART
fbem-27657	28	7	substantiate	substantiate	VERB
fbem-27657	28	8	the	the	DET
fbem-27657	28	9	necessity	necessity	NOUN
fbem-27657	28	10	and	and	CCONJ
fbem-27657	28	11	justification	justification	NOUN
fbem-27657	28	12	for	for	ADP
fbem-27657	28	13	mandatory	mandatory	ADJ
fbem-27657	28	14	environmental	environmental	ADJ
fbem-27657	28	15	information	information	NOUN
fbem-27657	28	16	disclosure	disclosure	NOUN
fbem-27657	28	17	.	.	PUNCT
fbem-27657	29	1	the	the	DET
fbem-27657	29	2	study	study	NOUN
fbem-27657	29	3	will	will	AUX
fbem-27657	29	4	examine	examine	VERB
fbem-27657	29	5	how	how	SCONJ
fbem-27657	29	6	mandatory	mandatory	ADJ
fbem-27657	29	7	environmental	environmental	ADJ
fbem-27657	29	8	disclosure	disclosure	NOUN
fbem-27657	29	9	serves	serve	VERB
fbem-27657	29	10	as	as	ADP
fbem-27657	29	11	a	a	DET
fbem-27657	29	12	crucial	crucial	ADJ
fbem-27657	29	13	mechanism	mechanism	NOUN
fbem-27657	29	14	for	for	ADP
fbem-27657	29	15	ensuring	ensure	VERB
fbem-27657	29	16	corporate	corporate	ADJ
fbem-27657	29	17	accountability	accountability	NOUN
fbem-27657	29	18	and	and	CCONJ
fbem-27657	29	19	fostering	foster	VERB
fbem-27657	29	20	transparency	transparency	NOUN
fbem-27657	29	21	.	.	PUNCT
fbem-27657	30	1	additionally	additionally	ADV
fbem-27657	30	2	,	,	PUNCT
fbem-27657	30	3	employing	employ	VERB
fbem-27657	30	4	a	a	DET
fbem-27657	30	5	corporate	corporate	ADJ
fbem-27657	30	6	compliance	compliance	NOUN
fbem-27657	30	7	-	-	PUNCT
fbem-27657	30	8	oriented	orient	VERB
fbem-27657	30	9	approach	approach	NOUN
fbem-27657	30	10	,	,	PUNCT
fbem-27657	30	11	this	this	DET
fbem-27657	30	12	paper	paper	NOUN
fbem-27657	30	13	will	will	AUX
fbem-27657	30	14	suggest	suggest	VERB
fbem-27657	30	15	strategies	strategy	NOUN
fbem-27657	30	16	to	to	PART
fbem-27657	30	17	refine	refine	VERB
fbem-27657	30	18	china	china	PROPN
fbem-27657	30	19	's	's	PART
fbem-27657	30	20	current	current	ADJ
fbem-27657	30	21	mandatory	mandatory	ADJ
fbem-27657	30	22	environmental	environmental	ADJ
fbem-27657	30	23	disclosure	disclosure	NOUN
fbem-27657	30	24	system	system	NOUN
fbem-27657	30	25	,	,	PUNCT
fbem-27657	30	26	thereby	thereby	ADV
fbem-27657	30	27	enhancing	enhance	VERB
fbem-27657	30	28	its	its	PRON
fbem-27657	30	29	effectiveness	effectiveness	NOUN
fbem-27657	30	30	.	.	PUNCT
fbem-27657	31	1	2	2	X
fbem-27657	31	2	.	.	X
fbem-27657	31	3	china	china	PROPN
fbem-27657	31	4	's	's	PART
fbem-27657	31	5	mandatory	mandatory	ADJ
fbem-27657	31	6	environmental	environmental	ADJ
fbem-27657	31	7	information	information	NOUN
fbem-27657	31	8	disclosure	disclosure	NOUN
fbem-27657	31	9	:	:	PUNCT
fbem-27657	31	10	present	present	ADJ
fbem-27657	31	11	state	state	NOUN
fbem-27657	31	12	and	and	CCONJ
fbem-27657	31	13	challenges	challenge	VERB
fbem-27657	31	14	the	the	DET
fbem-27657	31	15	ministry	ministry	PROPN
fbem-27657	31	16	of	of	ADP
fbem-27657	31	17	ecology	ecology	NOUN
fbem-27657	31	18	and	and	CCONJ
fbem-27657	31	19	environment	environment	NOUN
fbem-27657	31	20	(	(	PUNCT
fbem-27657	31	21	mee	mee	X
fbem-27657	31	22	)	)	PUNCT
fbem-27657	31	23	issued	issue	VERB
fbem-27657	31	24	the	the	DET
fbem-27657	31	25	"	"	PUNCT
fbem-27657	31	26	reform	reform	NOUN
fbem-27657	31	27	plan	plan	NOUN
fbem-27657	31	28	for	for	ADP
fbem-27657	31	29	the	the	DET
fbem-27657	31	30	law	law	NOUN
fbem-27657	31	31	-	-	PUNCT
fbem-27657	31	32	based	base	VERB
fbem-27657	31	33	disclosure	disclosure	NOUN
fbem-27657	31	34	system	system	NOUN
fbem-27657	31	35	of	of	ADP
fbem-27657	31	36	environmental	environmental	ADJ
fbem-27657	31	37	information	information	NOUN
fbem-27657	31	38	"	"	PUNCT
fbem-27657	31	39	the	the	DET
fbem-27657	31	40	"	"	PUNCT
fbem-27657	31	41	measures	measure	NOUN
fbem-27657	31	42	for	for	ADP
fbem-27657	31	43	the	the	DET
fbem-27657	31	44	administration	administration	NOUN
fbem-27657	31	45	of	of	ADP
fbem-27657	31	46	the	the	DET
fbem-27657	31	47	law	law	NOUN
fbem-27657	31	48	-	-	PUNCT
fbem-27657	31	49	based	base	VERB
fbem-27657	31	50	disclosure	disclosure	NOUN
fbem-27657	31	51	of	of	ADP
fbem-27657	31	52	152	152	NUM
fbem-27657	31	53	environmental	environmental	ADJ
fbem-27657	31	54	information	information	NOUN
fbem-27657	31	55	by	by	ADP
fbem-27657	31	56	enterprises	enterprise	NOUN
fbem-27657	31	57	"	"	PUNCT
fbem-27657	31	58	(	(	PUNCT
fbem-27657	31	59	mdei	mdei	PROPN
fbem-27657	31	60	)	)	PUNCT
fbem-27657	31	61	,	,	PUNCT
fbem-27657	31	62	and	and	CCONJ
fbem-27657	31	63	the	the	DET
fbem-27657	31	64	"	"	PUNCT
fbem-27657	31	65	format	format	NOUN
fbem-27657	31	66	guidelines	guideline	NOUN
fbem-27657	31	67	for	for	ADP
fbem-27657	31	68	the	the	DET
fbem-27657	31	69	law	law	NOUN
fbem-27657	31	70	-	-	PUNCT
fbem-27657	31	71	based	base	VERB
fbem-27657	31	72	disclosure	disclosure	NOUN
fbem-27657	31	73	of	of	ADP
fbem-27657	31	74	environmental	environmental	ADJ
fbem-27657	31	75	information	information	NOUN
fbem-27657	31	76	by	by	ADP
fbem-27657	31	77	enterprises	enterprise	NOUN
fbem-27657	31	78	"	"	PUNCT
fbem-27657	31	79	in	in	ADP
fbem-27657	31	80	2021	2021	NUM
fbem-27657	31	81	.	.	PUNCT
fbem-27657	32	1	these	these	DET
fbem-27657	32	2	documents	document	NOUN
fbem-27657	32	3	systematically	systematically	ADV
fbem-27657	32	4	regulate	regulate	VERB
fbem-27657	32	5	the	the	DET
fbem-27657	32	6	subjects	subject	NOUN
fbem-27657	32	7	,	,	PUNCT
fbem-27657	32	8	content	content	NOUN
fbem-27657	32	9	,	,	PUNCT
fbem-27657	32	10	and	and	CCONJ
fbem-27657	32	11	forms	form	NOUN
fbem-27657	32	12	of	of	ADP
fbem-27657	32	13	enterprise	enterprise	NOUN
fbem-27657	32	14	environmental	environmental	ADJ
fbem-27657	32	15	information	information	NOUN
fbem-27657	32	16	disclosure	disclosure	NOUN
fbem-27657	32	17	,	,	PUNCT
fbem-27657	32	18	and	and	CCONJ
fbem-27657	32	19	include	include	VERB
fbem-27657	32	20	environmental	environmental	ADJ
fbem-27657	32	21	information	information	NOUN
fbem-27657	32	22	within	within	ADP
fbem-27657	32	23	the	the	DET
fbem-27657	32	24	scope	scope	NOUN
fbem-27657	32	25	of	of	ADP
fbem-27657	32	26	mandatory	mandatory	ADJ
fbem-27657	32	27	disclosure	disclosure	NOUN
fbem-27657	32	28	for	for	ADP
fbem-27657	32	29	enterprises	enterprise	NOUN
fbem-27657	32	30	.	.	PUNCT
fbem-27657	33	1	although	although	SCONJ
fbem-27657	33	2	the	the	DET
fbem-27657	33	3	scope	scope	NOUN
fbem-27657	33	4	of	of	ADP
fbem-27657	33	5	entities	entity	NOUN
fbem-27657	33	6	required	require	VERB
fbem-27657	33	7	to	to	PART
fbem-27657	33	8	disclose	disclose	VERB
fbem-27657	33	9	has	have	AUX
fbem-27657	33	10	significantly	significantly	ADV
fbem-27657	33	11	broadened	broaden	VERB
fbem-27657	33	12	,	,	PUNCT
fbem-27657	33	13	few	few	ADJ
fbem-27657	33	14	listed	list	VERB
fbem-27657	33	15	companies	company	NOUN
fbem-27657	33	16	and	and	CCONJ
fbem-27657	33	17	bond	bond	NOUN
fbem-27657	33	18	-	-	PUNCT
fbem-27657	33	19	issuing	issue	VERB
fbem-27657	33	20	enterprises	enterprise	NOUN
fbem-27657	33	21	actually	actually	ADV
fbem-27657	33	22	meet	meet	VERB
fbem-27657	33	23	the	the	DET
fbem-27657	33	24	criteria	criterion	NOUN
fbem-27657	33	25	for	for	ADP
fbem-27657	33	26	inclusion	inclusion	NOUN
fbem-27657	33	27	in	in	ADP
fbem-27657	33	28	the	the	DET
fbem-27657	33	29	disclosure	disclosure	NOUN
fbem-27657	33	30	lists	list	NOUN
fbem-27657	33	31	.	.	PUNCT
fbem-27657	34	1	for	for	ADP
fbem-27657	34	2	instance	instance	NOUN
fbem-27657	34	3	,	,	PUNCT
fbem-27657	34	4	in	in	ADP
fbem-27657	34	5	the	the	DET
fbem-27657	34	6	2022	2022	NUM
fbem-27657	34	7	lists	list	NOUN
fbem-27657	34	8	of	of	ADP
fbem-27657	34	9	legally	legally	ADV
fbem-27657	34	10	disclosed	disclose	VERB
fbem-27657	34	11	environmental	environmental	ADJ
fbem-27657	34	12	information	information	NOUN
fbem-27657	34	13	from	from	ADP
fbem-27657	34	14	seven	seven	NUM
fbem-27657	34	15	cities	city	NOUN
fbem-27657	34	16	including	include	VERB
fbem-27657	34	17	wuhan	wuhan	PROPN
fbem-27657	34	18	and	and	CCONJ
fbem-27657	34	19	chongqing	chongqing	PROPN
fbem-27657	34	20	,	,	PUNCT
fbem-27657	34	21	less	less	ADJ
fbem-27657	34	22	than	than	ADP
fbem-27657	34	23	3	3	NUM
fbem-27657	34	24	%	%	NOUN
fbem-27657	34	25	of	of	ADP
fbem-27657	34	26	the	the	DET
fbem-27657	34	27	listed	list	VERB
fbem-27657	34	28	companies	company	NOUN
fbem-27657	34	29	and	and	CCONJ
fbem-27657	34	30	bondissuing	bondissue	VERB
fbem-27657	34	31	enterprises	enterprise	NOUN
fbem-27657	34	32	comply	comply	VERB
fbem-27657	34	33	with	with	ADP
fbem-27657	34	34	the	the	DET
fbem-27657	34	35	mdei	mdei	NOUN
fbem-27657	34	36	guidelines	guideline	NOUN
fbem-27657	34	37	and	and	CCONJ
fbem-27657	34	38	are	be	AUX
fbem-27657	34	39	included	include	VERB
fbem-27657	34	40	[	[	PUNCT
fbem-27657	34	41	7	7	NUM
fbem-27657	34	42	]	]	PUNCT
fbem-27657	34	43	.	.	PUNCT
fbem-27657	35	1	according	accord	VERB
fbem-27657	35	2	to	to	ADP
fbem-27657	35	3	the	the	DET
fbem-27657	35	4	"	"	PUNCT
fbem-27657	35	5	evaluation	evaluation	NOUN
fbem-27657	35	6	report	report	NOUN
fbem-27657	35	7	on	on	ADP
fbem-27657	35	8	environmental	environmental	ADJ
fbem-27657	35	9	responsibility	responsibility	NOUN
fbem-27657	35	10	information	information	NOUN
fbem-27657	35	11	disclosure	disclosure	NOUN
fbem-27657	35	12	of	of	ADP
fbem-27657	35	13	chinese	chinese	ADJ
fbem-27657	35	14	listed	list	VERB
fbem-27657	35	15	companies	company	NOUN
fbem-27657	35	16	(	(	PUNCT
fbem-27657	35	17	2022	2022	NUM
fbem-27657	35	18	)	)	PUNCT
fbem-27657	35	19	"	"	PUNCT
fbem-27657	35	20	,	,	PUNCT
fbem-27657	35	21	of	of	ADP
fbem-27657	35	22	the	the	DET
fbem-27657	35	23	5078	5078	NUM
fbem-27657	35	24	listed	list	VERB
fbem-27657	35	25	companies	company	NOUN
fbem-27657	35	26	on	on	ADP
fbem-27657	35	27	china	china	PROPN
fbem-27657	35	28	's	's	PART
fbem-27657	35	29	shanghai	shanghai	PROPN
fbem-27657	35	30	and	and	CCONJ
fbem-27657	35	31	shenzhen	shenzhen	PROPN
fbem-27657	35	32	stock	stock	PROPN
fbem-27657	35	33	markets	market	NOUN
fbem-27657	35	34	,	,	PUNCT
fbem-27657	35	35	1675	1675	NUM
fbem-27657	35	36	have	have	AUX
fbem-27657	35	37	effectively	effectively	ADV
fbem-27657	35	38	disclosed	disclose	VERB
fbem-27657	35	39	environmental	environmental	ADJ
fbem-27657	35	40	information	information	NOUN
fbem-27657	35	41	,	,	PUNCT
fbem-27657	35	42	representing	represent	VERB
fbem-27657	35	43	32.99	32.99	NUM
fbem-27657	35	44	%	%	NOUN
fbem-27657	35	45	and	and	CCONJ
fbem-27657	35	46	less	less	ADJ
fbem-27657	35	47	than	than	ADP
fbem-27657	35	48	one	one	NUM
fbem-27657	35	49	-	-	PUNCT
fbem-27657	35	50	third	third	NOUN
fbem-27657	35	51	of	of	ADP
fbem-27657	35	52	the	the	DET
fbem-27657	35	53	total	total	NOUN
fbem-27657	35	54	[	[	X
fbem-27657	35	55	8	8	NUM
fbem-27657	35	56	]	]	PUNCT
fbem-27657	35	57	.	.	PUNCT
fbem-27657	36	1	hence	hence	ADV
fbem-27657	36	2	,	,	PUNCT
fbem-27657	36	3	while	while	SCONJ
fbem-27657	36	4	china	china	PROPN
fbem-27657	36	5	has	have	AUX
fbem-27657	36	6	achieved	achieve	VERB
fbem-27657	36	7	progress	progress	NOUN
fbem-27657	36	8	in	in	ADP
fbem-27657	36	9	mandatory	mandatory	ADJ
fbem-27657	36	10	environmental	environmental	ADJ
fbem-27657	36	11	information	information	NOUN
fbem-27657	36	12	disclosure	disclosure	NOUN
fbem-27657	36	13	,	,	PUNCT
fbem-27657	36	14	the	the	DET
fbem-27657	36	15	effectiveness	effectiveness	NOUN
fbem-27657	36	16	of	of	ADP
fbem-27657	36	17	the	the	DET
fbem-27657	36	18	disclosures	disclosure	NOUN
fbem-27657	36	19	has	have	AUX
fbem-27657	36	20	not	not	PART
fbem-27657	36	21	significantly	significantly	ADV
fbem-27657	36	22	improved	improve	VERB
fbem-27657	36	23	.	.	PUNCT
fbem-27657	37	1	this	this	DET
fbem-27657	37	2	article	article	NOUN
fbem-27657	37	3	examines	examine	VERB
fbem-27657	37	4	two	two	NUM
fbem-27657	37	5	primary	primary	ADJ
fbem-27657	37	6	factors	factor	NOUN
fbem-27657	37	7	contributing	contribute	VERB
fbem-27657	37	8	to	to	ADP
fbem-27657	37	9	these	these	DET
fbem-27657	37	10	constraints	constraint	NOUN
fbem-27657	37	11	.	.	PUNCT
fbem-27657	38	1	2.1	2.1	NUM
fbem-27657	38	2	.	.	PUNCT
fbem-27657	39	1	strict	strict	ADJ
fbem-27657	39	2	restrictions	restriction	NOUN
fbem-27657	39	3	on	on	ADP
fbem-27657	39	4	disclosure	disclosure	NOUN
fbem-27657	39	5	entities	entity	NOUN
fbem-27657	39	6	different	different	ADJ
fbem-27657	39	7	types	type	NOUN
fbem-27657	39	8	of	of	ADP
fbem-27657	39	9	disclosure	disclosure	NOUN
fbem-27657	39	10	obligors	obligor	NOUN
fbem-27657	39	11	adopt	adopt	VERB
fbem-27657	39	12	differentiated	differentiated	ADJ
fbem-27657	39	13	disclosure	disclosure	NOUN
fbem-27657	39	14	models	model	NOUN
fbem-27657	39	15	,	,	PUNCT
fbem-27657	39	16	undermining	undermine	VERB
fbem-27657	39	17	the	the	DET
fbem-27657	39	18	overall	overall	ADJ
fbem-27657	39	19	quality	quality	NOUN
fbem-27657	39	20	and	and	CCONJ
fbem-27657	39	21	effectiveness	effectiveness	NOUN
fbem-27657	39	22	of	of	ADP
fbem-27657	39	23	environmental	environmental	ADJ
fbem-27657	39	24	,	,	PUNCT
fbem-27657	39	25	social	social	ADJ
fbem-27657	39	26	,	,	PUNCT
fbem-27657	39	27	and	and	CCONJ
fbem-27657	39	28	governance	governance	NOUN
fbem-27657	39	29	(	(	PUNCT
fbem-27657	39	30	esg	esg	NOUN
fbem-27657	39	31	)	)	PUNCT
fbem-27657	39	32	information	information	NOUN
fbem-27657	39	33	disclosure	disclosure	NOUN
fbem-27657	39	34	by	by	ADP
fbem-27657	39	35	listed	list	VERB
fbem-27657	39	36	companies	company	NOUN
fbem-27657	39	37	.	.	PUNCT
fbem-27657	40	1	the	the	DET
fbem-27657	40	2	criteria	criterion	NOUN
fbem-27657	40	3	for	for	ADP
fbem-27657	40	4	mandatory	mandatory	ADJ
fbem-27657	40	5	disclosure	disclosure	NOUN
fbem-27657	40	6	of	of	ADP
fbem-27657	40	7	carbon	carbon	NOUN
fbem-27657	40	8	information	information	NOUN
fbem-27657	40	9	in	in	ADP
fbem-27657	40	10	china	china	PROPN
fbem-27657	40	11	are	be	AUX
fbem-27657	40	12	stringent	stringent	ADJ
fbem-27657	40	13	,	,	PUNCT
fbem-27657	40	14	and	and	CCONJ
fbem-27657	40	15	the	the	DET
fbem-27657	40	16	scope	scope	NOUN
fbem-27657	40	17	of	of	ADP
fbem-27657	40	18	disclosure	disclosure	NOUN
fbem-27657	40	19	entities	entity	NOUN
fbem-27657	40	20	defined	define	VERB
fbem-27657	40	21	by	by	ADP
fbem-27657	40	22	enterprise	enterprise	NOUN
fbem-27657	40	23	types	type	NOUN
fbem-27657	40	24	is	be	AUX
fbem-27657	40	25	too	too	ADV
fbem-27657	40	26	narrow	narrow	ADJ
fbem-27657	40	27	,	,	PUNCT
fbem-27657	40	28	encompassing	encompass	VERB
fbem-27657	40	29	only	only	ADJ
fbem-27657	40	30	enterprises	enterprise	NOUN
fbem-27657	40	31	with	with	ADP
fbem-27657	40	32	serious	serious	ADJ
fbem-27657	40	33	environmental	environmental	ADJ
fbem-27657	40	34	violations	violation	NOUN
fbem-27657	40	35	.	.	PUNCT
fbem-27657	41	1	enterprises	enterprise	NOUN
fbem-27657	41	2	issuing	issue	VERB
fbem-27657	41	3	independent	independent	ADJ
fbem-27657	41	4	reports	report	NOUN
fbem-27657	41	5	and	and	CCONJ
fbem-27657	41	6	disclosures	disclosure	NOUN
fbem-27657	41	7	in	in	ADP
fbem-27657	41	8	the	the	DET
fbem-27657	41	9	form	form	NOUN
fbem-27657	41	10	of	of	ADP
fbem-27657	41	11	greenhouse	greenhouse	NOUN
fbem-27657	41	12	gas	gas	NOUN
fbem-27657	41	13	emission	emission	NOUN
fbem-27657	41	14	reports	report	NOUN
fbem-27657	41	15	,	,	PUNCT
fbem-27657	41	16	however	however	ADV
fbem-27657	41	17	,	,	PUNCT
fbem-27657	41	18	are	be	AUX
fbem-27657	41	19	limited	limit	VERB
fbem-27657	41	20	to	to	ADP
fbem-27657	41	21	key	key	ADJ
fbem-27657	41	22	emitters	emitter	NOUN
fbem-27657	41	23	with	with	ADP
fbem-27657	41	24	greenhouse	greenhouse	NOUN
fbem-27657	41	25	gas	gas	NOUN
fbem-27657	41	26	emissions	emission	NOUN
fbem-27657	41	27	exceeding	exceed	VERB
fbem-27657	41	28	26,000	26,000	NUM
fbem-27657	41	29	tons	ton	NOUN
fbem-27657	41	30	of	of	ADP
fbem-27657	41	31	carbon	carbon	NOUN
fbem-27657	41	32	dioxide	dioxide	NOUN
fbem-27657	41	33	equivalent	equivalent	NOUN
fbem-27657	41	34	,	,	PUNCT
fbem-27657	41	35	setting	set	VERB
fbem-27657	41	36	an	an	DET
fbem-27657	41	37	excessively	excessively	ADV
fbem-27657	41	38	high	high	ADJ
fbem-27657	41	39	threshold	threshold	NOUN
fbem-27657	41	40	.	.	PUNCT
fbem-27657	42	1	other	other	ADJ
fbem-27657	42	2	companies	company	NOUN
fbem-27657	42	3	primarily	primarily	ADV
fbem-27657	42	4	engage	engage	VERB
fbem-27657	42	5	in	in	ADP
fbem-27657	42	6	voluntary	voluntary	ADJ
fbem-27657	42	7	disclosure	disclosure	NOUN
fbem-27657	42	8	,	,	PUNCT
fbem-27657	42	9	often	often	ADV
fbem-27657	42	10	leading	lead	VERB
fbem-27657	42	11	to	to	ADP
fbem-27657	42	12	issues	issue	NOUN
fbem-27657	42	13	such	such	ADJ
fbem-27657	42	14	as	as	ADP
fbem-27657	42	15	too	too	ADV
fbem-27657	42	16	few	few	ADJ
fbem-27657	42	17	mandatory	mandatory	ADJ
fbem-27657	42	18	disclosure	disclosure	NOUN
fbem-27657	42	19	entities	entity	NOUN
fbem-27657	42	20	and	and	CCONJ
fbem-27657	42	21	a	a	DET
fbem-27657	42	22	formality	formality	NOUN
fbem-27657	42	23	in	in	ADP
fbem-27657	42	24	voluntary	voluntary	ADJ
fbem-27657	42	25	disclosures	disclosure	NOUN
fbem-27657	42	26	.	.	PUNCT
fbem-27657	43	1	additionally	additionally	ADV
fbem-27657	43	2	,	,	PUNCT
fbem-27657	43	3	regulatory	regulatory	ADJ
fbem-27657	43	4	bodies	body	NOUN
fbem-27657	43	5	have	have	VERB
fbem-27657	43	6	inconsistent	inconsistent	ADJ
fbem-27657	43	7	provisions	provision	NOUN
fbem-27657	43	8	regarding	regard	VERB
fbem-27657	43	9	the	the	DET
fbem-27657	43	10	entities	entity	NOUN
fbem-27657	43	11	and	and	CCONJ
fbem-27657	43	12	methods	method	NOUN
fbem-27657	43	13	of	of	ADP
fbem-27657	43	14	environmental	environmental	ADJ
fbem-27657	43	15	information	information	NOUN
fbem-27657	43	16	disclosure	disclosure	NOUN
fbem-27657	43	17	,	,	PUNCT
fbem-27657	43	18	lacking	lack	VERB
fbem-27657	43	19	unified	unified	ADJ
fbem-27657	43	20	coordination	coordination	NOUN
fbem-27657	43	21	.	.	PUNCT
fbem-27657	44	1	the	the	DET
fbem-27657	44	2	ministry	ministry	PROPN
fbem-27657	44	3	of	of	ADP
fbem-27657	44	4	finance	finance	PROPN
fbem-27657	44	5	,	,	PUNCT
fbem-27657	44	6	ministry	ministry	PROPN
fbem-27657	44	7	of	of	ADP
fbem-27657	44	8	ecology	ecology	NOUN
fbem-27657	44	9	and	and	CCONJ
fbem-27657	44	10	environment	environment	NOUN
fbem-27657	44	11	,	,	PUNCT
fbem-27657	44	12	state	state	NOUN
fbem-27657	44	13	-	-	PUNCT
fbem-27657	44	14	owned	own	VERB
fbem-27657	44	15	assets	asset	NOUN
fbem-27657	44	16	supervision	supervision	NOUN
fbem-27657	44	17	and	and	CCONJ
fbem-27657	44	18	administration	administration	PROPN
fbem-27657	44	19	commission	commission	PROPN
fbem-27657	44	20	,	,	PUNCT
fbem-27657	44	21	people	people	NOUN
fbem-27657	44	22	's	's	PART
fbem-27657	44	23	bank	bank	PROPN
fbem-27657	44	24	of	of	ADP
fbem-27657	44	25	china	china	PROPN
fbem-27657	44	26	,	,	PUNCT
fbem-27657	44	27	and	and	CCONJ
fbem-27657	44	28	the	the	DET
fbem-27657	44	29	china	china	PROPN
fbem-27657	44	30	securities	securities	PROPN
fbem-27657	44	31	regulatory	regulatory	PROPN
fbem-27657	44	32	commission	commission	PROPN
fbem-27657	44	33	each	each	PRON
fbem-27657	44	34	set	set	VERB
fbem-27657	44	35	different	different	ADJ
fbem-27657	44	36	requirements	requirement	NOUN
fbem-27657	44	37	for	for	ADP
fbem-27657	44	38	esg	esg	PROPN
fbem-27657	44	39	information	information	NOUN
fbem-27657	44	40	disclosure	disclosure	NOUN
fbem-27657	44	41	without	without	ADP
fbem-27657	44	42	a	a	DET
fbem-27657	44	43	unified	unified	ADJ
fbem-27657	44	44	standard	standard	NOUN
fbem-27657	44	45	[	[	X
fbem-27657	44	46	9	9	NUM
fbem-27657	44	47	]	]	PUNCT
fbem-27657	44	48	.	.	PUNCT
fbem-27657	45	1	the	the	DET
fbem-27657	45	2	scope	scope	NOUN
fbem-27657	45	3	of	of	ADP
fbem-27657	45	4	disclosure	disclosure	NOUN
fbem-27657	45	5	entities	entity	NOUN
fbem-27657	45	6	stipulated	stipulate	VERB
fbem-27657	45	7	in	in	ADP
fbem-27657	45	8	the	the	DET
fbem-27657	45	9	measures	measure	NOUN
fbem-27657	45	10	for	for	ADP
fbem-27657	45	11	the	the	DET
fbem-27657	45	12	administration	administration	NOUN
fbem-27657	45	13	of	of	ADP
fbem-27657	45	14	legal	legal	ADJ
fbem-27657	45	15	disclosure	disclosure	NOUN
fbem-27657	45	16	of	of	ADP
fbem-27657	45	17	enterprise	enterprise	NOUN
fbem-27657	45	18	environmental	environmental	ADJ
fbem-27657	45	19	information	information	NOUN
fbem-27657	45	20	is	be	AUX
fbem-27657	45	21	narrow	narrow	ADJ
fbem-27657	45	22	,	,	PUNCT
fbem-27657	45	23	primarily	primarily	ADV
fbem-27657	45	24	targeting	target	VERB
fbem-27657	45	25	key	key	ADJ
fbem-27657	45	26	polluting	polluting	NOUN
fbem-27657	45	27	units	unit	NOUN
fbem-27657	45	28	and	and	CCONJ
fbem-27657	45	29	enterprises	enterprise	NOUN
fbem-27657	45	30	with	with	ADP
fbem-27657	45	31	significant	significant	ADJ
fbem-27657	45	32	environmental	environmental	ADJ
fbem-27657	45	33	violations	violation	NOUN
fbem-27657	45	34	.	.	PUNCT
fbem-27657	46	1	the	the	DET
fbem-27657	46	2	csrc	csrc	PROPN
fbem-27657	46	3	regulations	regulation	NOUN
fbem-27657	46	4	restrict	restrict	VERB
fbem-27657	46	5	key	key	ADJ
fbem-27657	46	6	polluting	pollute	VERB
fbem-27657	46	7	units	unit	NOUN
fbem-27657	46	8	to	to	ADP
fbem-27657	46	9	listed	list	VERB
fbem-27657	46	10	companies	company	NOUN
fbem-27657	46	11	,	,	PUNCT
fbem-27657	46	12	resulting	result	VERB
fbem-27657	46	13	in	in	ADP
fbem-27657	46	14	incomplete	incomplete	ADJ
fbem-27657	46	15	disclosure	disclosure	NOUN
fbem-27657	46	16	of	of	ADP
fbem-27657	46	17	critical	critical	ADJ
fbem-27657	46	18	environmental	environmental	ADJ
fbem-27657	46	19	information	information	NOUN
fbem-27657	46	20	.	.	PUNCT
fbem-27657	47	1	2.2	2.2	NUM
fbem-27657	47	2	.	.	PUNCT
fbem-27657	48	1	economic	economic	ADJ
fbem-27657	48	2	attributes	attribute	NOUN
fbem-27657	48	3	of	of	ADP
fbem-27657	48	4	enterprises	enterprise	NOUN
fbem-27657	48	5	companies	company	NOUN
fbem-27657	48	6	have	have	AUX
fbem-27657	48	7	long	long	ADV
fbem-27657	48	8	been	be	AUX
fbem-27657	48	9	viewed	view	VERB
fbem-27657	48	10	as	as	ADP
fbem-27657	48	11	key	key	ADJ
fbem-27657	48	12	participants	participant	NOUN
fbem-27657	48	13	in	in	ADP
fbem-27657	48	14	economic	economic	ADJ
fbem-27657	48	15	activities	activity	NOUN
fbem-27657	48	16	,	,	PUNCT
fbem-27657	48	17	with	with	ADP
fbem-27657	48	18	the	the	DET
fbem-27657	48	19	primary	primary	ADJ
fbem-27657	48	20	objective	objective	NOUN
fbem-27657	48	21	of	of	ADP
fbem-27657	48	22	maximizing	maximize	VERB
fbem-27657	48	23	shareholder	shareholder	NOUN
fbem-27657	48	24	value	value	NOUN
fbem-27657	48	25	,	,	PUNCT
fbem-27657	48	26	exhibiting	exhibit	VERB
fbem-27657	48	27	distinct	distinct	ADJ
fbem-27657	48	28	economic	economic	ADJ
fbem-27657	48	29	attributes	attribute	NOUN
fbem-27657	48	30	.	.	PUNCT
fbem-27657	49	1	shareholders	shareholder	NOUN
fbem-27657	49	2	hold	hold	VERB
fbem-27657	49	3	equity	equity	NOUN
fbem-27657	49	4	based	base	VERB
fbem-27657	49	5	on	on	ADP
fbem-27657	49	6	their	their	PRON
fbem-27657	49	7	capital	capital	NOUN
fbem-27657	49	8	contributions	contribution	NOUN
fbem-27657	49	9	,	,	PUNCT
fbem-27657	49	10	and	and	CCONJ
fbem-27657	49	11	the	the	DET
fbem-27657	49	12	company	company	NOUN
fbem-27657	49	13	's	's	PART
fbem-27657	49	14	operational	operational	ADJ
fbem-27657	49	15	activities	activity	NOUN
fbem-27657	49	16	should	should	AUX
fbem-27657	49	17	be	be	AUX
fbem-27657	49	18	designed	design	VERB
fbem-27657	49	19	to	to	PART
fbem-27657	49	20	serve	serve	VERB
fbem-27657	49	21	shareholder	shareholder	NOUN
fbem-27657	49	22	interests	interest	NOUN
fbem-27657	49	23	[	[	X
fbem-27657	49	24	10	10	NUM
fbem-27657	49	25	]	]	PUNCT
fbem-27657	49	26	.	.	PUNCT
fbem-27657	50	1	theoretically	theoretically	ADV
fbem-27657	50	2	,	,	PUNCT
fbem-27657	50	3	"	"	PUNCT
fbem-27657	50	4	shareholder	shareholder	NOUN
fbem-27657	50	5	primacy	primacy	NOUN
fbem-27657	50	6	"	"	PUNCT
fbem-27657	50	7	is	be	AUX
fbem-27657	50	8	regarded	regard	VERB
fbem-27657	50	9	as	as	ADP
fbem-27657	50	10	the	the	DET
fbem-27657	50	11	most	most	ADV
fbem-27657	50	12	effective	effective	ADJ
fbem-27657	50	13	operational	operational	ADJ
fbem-27657	50	14	principle	principle	NOUN
fbem-27657	50	15	,	,	PUNCT
fbem-27657	50	16	as	as	SCONJ
fbem-27657	50	17	maximizing	maximize	VERB
fbem-27657	50	18	shareholder	shareholder	NOUN
fbem-27657	50	19	interests	interest	NOUN
fbem-27657	50	20	also	also	ADV
fbem-27657	50	21	maximizes	maximize	VERB
fbem-27657	50	22	corporate	corporate	ADJ
fbem-27657	50	23	profits	profit	NOUN
fbem-27657	50	24	.	.	PUNCT
fbem-27657	51	1	consequently	consequently	ADV
fbem-27657	51	2	,	,	PUNCT
fbem-27657	51	3	if	if	SCONJ
fbem-27657	51	4	a	a	DET
fbem-27657	51	5	company	company	NOUN
fbem-27657	51	6	can	can	AUX
fbem-27657	51	7	not	not	PART
fbem-27657	51	8	achieve	achieve	VERB
fbem-27657	51	9	returns	return	NOUN
fbem-27657	51	10	exceeding	exceed	VERB
fbem-27657	51	11	the	the	DET
fbem-27657	51	12	cost	cost	NOUN
fbem-27657	51	13	of	of	ADP
fbem-27657	51	14	disclosure	disclosure	NOUN
fbem-27657	51	15	,	,	PUNCT
fbem-27657	51	16	it	it	PRON
fbem-27657	51	17	lacks	lack	VERB
fbem-27657	51	18	the	the	DET
fbem-27657	51	19	incentive	incentive	NOUN
fbem-27657	51	20	for	for	ADP
fbem-27657	51	21	esg	esg	PROPN
fbem-27657	51	22	information	information	NOUN
fbem-27657	51	23	disclosure	disclosure	NOUN
fbem-27657	51	24	[	[	X
fbem-27657	51	25	11	11	NUM
fbem-27657	51	26	]	]	PUNCT
fbem-27657	51	27	.	.	PUNCT
fbem-27657	52	1	in	in	ADP
fbem-27657	52	2	particular	particular	ADJ
fbem-27657	52	3	,	,	PUNCT
fbem-27657	52	4	small	small	ADJ
fbem-27657	52	5	and	and	CCONJ
fbem-27657	52	6	medium	medium	ADJ
fbem-27657	52	7	-	-	PUNCT
fbem-27657	52	8	sized	sized	ADJ
fbem-27657	52	9	enterprises	enterprise	NOUN
fbem-27657	52	10	may	may	AUX
fbem-27657	52	11	be	be	AUX
fbem-27657	52	12	inclined	incline	VERB
fbem-27657	52	13	to	to	PART
fbem-27657	52	14	engage	engage	VERB
fbem-27657	52	15	in	in	ADP
fbem-27657	52	16	superficial	superficial	ADJ
fbem-27657	52	17	disclosure	disclosure	NOUN
fbem-27657	52	18	due	due	ADP
fbem-27657	52	19	to	to	ADP
fbem-27657	52	20	excessively	excessively	ADV
fbem-27657	52	21	high	high	ADJ
fbem-27657	52	22	disclosure	disclosure	NOUN
fbem-27657	52	23	costs	cost	NOUN
fbem-27657	52	24	[	[	X
fbem-27657	52	25	12	12	NUM
fbem-27657	52	26	]	]	PUNCT
fbem-27657	52	27	.	.	PUNCT
fbem-27657	53	1	additionally	additionally	ADV
fbem-27657	53	2	,	,	PUNCT
fbem-27657	53	3	since	since	SCONJ
fbem-27657	53	4	voluntary	voluntary	ADJ
fbem-27657	53	5	disclosure	disclosure	NOUN
fbem-27657	53	6	lacks	lack	VERB
fbem-27657	53	7	mandatory	mandatory	ADJ
fbem-27657	53	8	legal	legal	ADJ
fbem-27657	53	9	and	and	CCONJ
fbem-27657	53	10	regulatory	regulatory	ADJ
fbem-27657	53	11	requirements	requirement	NOUN
fbem-27657	53	12	,	,	PUNCT
fbem-27657	53	13	companies	company	NOUN
fbem-27657	53	14	often	often	ADV
fbem-27657	53	15	selectively	selectively	ADV
fbem-27657	53	16	disclose	disclose	VERB
fbem-27657	53	17	favorable	favorable	ADJ
fbem-27657	53	18	information	information	NOUN
fbem-27657	53	19	while	while	SCONJ
fbem-27657	53	20	neglecting	neglect	VERB
fbem-27657	53	21	negative	negative	ADJ
fbem-27657	53	22	aspects	aspect	NOUN
fbem-27657	53	23	[	[	X
fbem-27657	53	24	13	13	NUM
fbem-27657	53	25	]	]	PUNCT
fbem-27657	53	26	.	.	PUNCT
fbem-27657	54	1	3	3	X
fbem-27657	54	2	.	.	X
fbem-27657	54	3	necessity	necessity	NOUN
fbem-27657	54	4	:	:	PUNCT
fbem-27657	54	5	comprehensively	comprehensively	ADV
fbem-27657	54	6	compulsory	compulsory	ADJ
fbem-27657	54	7	environmental	environmental	ADJ
fbem-27657	54	8	information	information	NOUN
fbem-27657	54	9	disclosure	disclosure	NOUN
fbem-27657	54	10	of	of	ADP
fbem-27657	54	11	listed	list	VERB
fbem-27657	54	12	companies	company	NOUN
fbem-27657	54	13	the	the	DET
fbem-27657	54	14	environmental	environmental	ADJ
fbem-27657	54	15	responsibility	responsibility	NOUN
fbem-27657	54	16	information	information	NOUN
fbem-27657	54	17	disclosure	disclosure	NOUN
fbem-27657	54	18	index	index	NOUN
fbem-27657	54	19	for	for	ADP
fbem-27657	54	20	2022	2022	NUM
fbem-27657	54	21	is	be	AUX
fbem-27657	54	22	about	about	ADV
fbem-27657	54	23	40.57	40.57	NUM
fbem-27657	54	24	points	point	NOUN
fbem-27657	54	25	,	,	PUNCT
fbem-27657	54	26	which	which	PRON
fbem-27657	54	27	is	be	AUX
fbem-27657	54	28	1.7	1.7	NUM
fbem-27657	54	29	%	%	NOUN
fbem-27657	54	30	higher	high	ADJ
fbem-27657	54	31	than	than	ADP
fbem-27657	54	32	that	that	PRON
fbem-27657	54	33	of	of	ADP
fbem-27657	54	34	2021	2021	NUM
fbem-27657	54	35	.	.	PUNCT
fbem-27657	55	1	the	the	DET
fbem-27657	55	2	progress	progress	NOUN
fbem-27657	55	3	of	of	ADP
fbem-27657	55	4	environmental	environmental	ADJ
fbem-27657	55	5	information	information	NOUN
fbem-27657	55	6	disclosure	disclosure	NOUN
fbem-27657	55	7	in	in	ADP
fbem-27657	55	8	china	china	PROPN
fbem-27657	55	9	is	be	AUX
fbem-27657	55	10	not	not	PART
fbem-27657	55	11	obvious	obvious	ADJ
fbem-27657	55	12	,	,	PUNCT
fbem-27657	55	13	and	and	CCONJ
fbem-27657	55	14	the	the	DET
fbem-27657	55	15	problems	problem	NOUN
fbem-27657	55	16	of	of	ADP
fbem-27657	55	17	differentiated	differentiated	ADJ
fbem-27657	55	18	disclosure	disclosure	NOUN
fbem-27657	55	19	models	model	NOUN
fbem-27657	55	20	and	and	CCONJ
fbem-27657	55	21	the	the	DET
fbem-27657	55	22	lack	lack	NOUN
fbem-27657	55	23	of	of	ADP
fbem-27657	55	24	uniform	uniform	ADJ
fbem-27657	55	25	standards	standard	NOUN
fbem-27657	55	26	for	for	ADP
fbem-27657	55	27	environmental	environmental	ADJ
fbem-27657	55	28	information	information	NOUN
fbem-27657	55	29	disclosure	disclosure	NOUN
fbem-27657	55	30	by	by	ADP
fbem-27657	55	31	regulatory	regulatory	ADJ
fbem-27657	55	32	authorities	authority	NOUN
fbem-27657	55	33	are	be	AUX
fbem-27657	55	34	particularly	particularly	ADV
fbem-27657	55	35	prominent	prominent	ADJ
fbem-27657	55	36	.	.	PUNCT
fbem-27657	56	1	therefore	therefore	ADV
fbem-27657	56	2	,	,	PUNCT
fbem-27657	56	3	this	this	DET
fbem-27657	56	4	article	article	NOUN
fbem-27657	56	5	believes	believe	VERB
fbem-27657	56	6	that	that	SCONJ
fbem-27657	56	7	the	the	DET
fbem-27657	56	8	mandatory	mandatory	ADJ
fbem-27657	56	9	disclosure	disclosure	NOUN
fbem-27657	56	10	system	system	NOUN
fbem-27657	56	11	for	for	ADP
fbem-27657	56	12	environmental	environmental	ADJ
fbem-27657	56	13	information	information	NOUN
fbem-27657	56	14	should	should	AUX
fbem-27657	56	15	be	be	AUX
fbem-27657	56	16	applied	apply	VERB
fbem-27657	56	17	to	to	ADP
fbem-27657	56	18	all	all	DET
fbem-27657	56	19	listed	list	VERB
fbem-27657	56	20	companies	company	NOUN
fbem-27657	56	21	to	to	PART
fbem-27657	56	22	meet	meet	VERB
fbem-27657	56	23	the	the	DET
fbem-27657	56	24	needs	need	NOUN
fbem-27657	56	25	of	of	ADP
fbem-27657	56	26	promoting	promote	VERB
fbem-27657	56	27	high	high	ADJ
fbem-27657	56	28	-	-	PUNCT
fbem-27657	56	29	quality	quality	NOUN
fbem-27657	56	30	development	development	NOUN
fbem-27657	56	31	in	in	ADP
fbem-27657	56	32	the	the	DET
fbem-27657	56	33	era	era	NOUN
fbem-27657	56	34	.	.	PUNCT
fbem-27657	57	1	this	this	DET
fbem-27657	57	2	article	article	NOUN
fbem-27657	57	3	will	will	AUX
fbem-27657	57	4	demonstrate	demonstrate	VERB
fbem-27657	57	5	the	the	DET
fbem-27657	57	6	necessity	necessity	NOUN
fbem-27657	57	7	of	of	ADP
fbem-27657	57	8	comprehensive	comprehensive	ADJ
fbem-27657	57	9	mandatory	mandatory	ADJ
fbem-27657	57	10	environmental	environmental	ADJ
fbem-27657	57	11	information	information	NOUN
fbem-27657	57	12	disclosure	disclosure	NOUN
fbem-27657	57	13	for	for	ADP
fbem-27657	57	14	listed	list	VERB
fbem-27657	57	15	companies	company	NOUN
fbem-27657	57	16	from	from	ADP
fbem-27657	57	17	the	the	DET
fbem-27657	57	18	perspective	perspective	NOUN
fbem-27657	57	19	of	of	ADP
fbem-27657	57	20	esg	esg	PROPN
fbem-27657	57	21	deconstruction	deconstruction	PROPN
fbem-27657	57	22	and	and	CCONJ
fbem-27657	57	23	corporate	corporate	ADJ
fbem-27657	57	24	compliance	compliance	NOUN
fbem-27657	57	25	.	.	PUNCT
fbem-27657	58	1	3.1	3.1	NUM
fbem-27657	58	2	.	.	PUNCT
fbem-27657	58	3	deconstructing	deconstruct	VERB
fbem-27657	58	4	esg	esg	NOUN
fbem-27657	58	5	in	in	ADP
fbem-27657	58	6	the	the	DET
fbem-27657	58	7	framework	framework	NOUN
fbem-27657	58	8	of	of	ADP
fbem-27657	58	9	corporate	corporate	ADJ
fbem-27657	58	10	sustainable	sustainable	ADJ
fbem-27657	58	11	development	development	NOUN
fbem-27657	58	12	,	,	PUNCT
fbem-27657	58	13	the	the	DET
fbem-27657	58	14	three	three	NUM
fbem-27657	58	15	dimensions	dimension	NOUN
fbem-27657	58	16	of	of	ADP
fbem-27657	58	17	environmental	environmental	ADJ
fbem-27657	58	18	,	,	PUNCT
fbem-27657	58	19	social	social	ADJ
fbem-27657	58	20	,	,	PUNCT
fbem-27657	58	21	and	and	CCONJ
fbem-27657	58	22	governance	governance	NOUN
fbem-27657	58	23	(	(	PUNCT
fbem-27657	58	24	esg	esg	NOUN
fbem-27657	58	25	)	)	PUNCT
fbem-27657	58	26	information	information	NOUN
fbem-27657	58	27	disclosure	disclosure	NOUN
fbem-27657	58	28	play	play	VERB
fbem-27657	58	29	different	different	ADJ
fbem-27657	58	30	but	but	CCONJ
fbem-27657	58	31	complementary	complementary	ADJ
fbem-27657	58	32	roles	role	NOUN
fbem-27657	58	33	.	.	PUNCT
fbem-27657	59	1	from	from	ADP
fbem-27657	59	2	a	a	DET
fbem-27657	59	3	semantic	semantic	ADJ
fbem-27657	59	4	perspective	perspective	NOUN
fbem-27657	59	5	,	,	PUNCT
fbem-27657	59	6	the	the	DET
fbem-27657	59	7	order	order	NOUN
fbem-27657	59	8	of	of	ADP
fbem-27657	59	9	e	e	PROPN
fbem-27657	59	10	(	(	PUNCT
fbem-27657	59	11	environment	environment	NOUN
fbem-27657	59	12	)	)	PUNCT
fbem-27657	59	13	as	as	ADP
fbem-27657	59	14	the	the	DET
fbem-27657	59	15	first	first	ADJ
fbem-27657	59	16	word	word	NOUN
fbem-27657	59	17	in	in	ADP
fbem-27657	59	18	esg	esg	PROPN
fbem-27657	59	19	is	be	AUX
fbem-27657	59	20	not	not	PART
fbem-27657	59	21	accidental	accidental	ADJ
fbem-27657	59	22	,	,	PUNCT
fbem-27657	59	23	emphasizing	emphasize	VERB
fbem-27657	59	24	to	to	ADP
fbem-27657	59	25	some	some	DET
fbem-27657	59	26	extent	extent	NOUN
fbem-27657	59	27	the	the	DET
fbem-27657	59	28	central	central	ADJ
fbem-27657	59	29	position	position	NOUN
fbem-27657	59	30	of	of	ADP
fbem-27657	59	31	the	the	DET
fbem-27657	59	32	environment	environment	NOUN
fbem-27657	59	33	in	in	ADP
fbem-27657	59	34	corporate	corporate	ADJ
fbem-27657	59	35	sustainable	sustainable	ADJ
fbem-27657	59	36	development	development	NOUN
fbem-27657	59	37	and	and	CCONJ
fbem-27657	59	38	social	social	ADJ
fbem-27657	59	39	responsibility	responsibility	NOUN
fbem-27657	59	40	.	.	PUNCT
fbem-27657	60	1	environmental	environmental	ADJ
fbem-27657	60	2	protection	protection	NOUN
fbem-27657	60	3	is	be	AUX
fbem-27657	60	4	an	an	DET
fbem-27657	60	5	important	important	ADJ
fbem-27657	60	6	component	component	NOUN
fbem-27657	60	7	of	of	ADP
fbem-27657	60	8	corporate	corporate	ADJ
fbem-27657	60	9	social	social	ADJ
fbem-27657	60	10	responsibility	responsibility	NOUN
fbem-27657	60	11	,	,	PUNCT
fbem-27657	60	12	as	as	SCONJ
fbem-27657	60	13	environmental	environmental	ADJ
fbem-27657	60	14	issues	issue	NOUN
fbem-27657	60	15	such	such	ADJ
fbem-27657	60	16	as	as	ADP
fbem-27657	60	17	climate	climate	NOUN
fbem-27657	60	18	change	change	NOUN
fbem-27657	60	19	,	,	PUNCT
fbem-27657	60	20	resource	resource	NOUN
fbem-27657	60	21	depletion	depletion	NOUN
fbem-27657	60	22	,	,	PUNCT
fbem-27657	60	23	and	and	CCONJ
fbem-27657	60	24	pollution	pollution	NOUN
fbem-27657	60	25	directly	directly	ADV
fbem-27657	60	26	affect	affect	VERB
fbem-27657	60	27	the	the	DET
fbem-27657	60	28	earth	earth	NOUN
fbem-27657	60	29	's	's	PART
fbem-27657	60	30	ecosystem	ecosystem	NOUN
fbem-27657	60	31	and	and	CCONJ
fbem-27657	60	32	human	human	ADJ
fbem-27657	60	33	quality	quality	NOUN
fbem-27657	60	34	of	of	ADP
fbem-27657	60	35	life	life	NOUN
fbem-27657	60	36	.	.	PUNCT
fbem-27657	61	1	therefore	therefore	ADV
fbem-27657	61	2	,	,	PUNCT
fbem-27657	61	3	environmental	environmental	ADJ
fbem-27657	61	4	issues	issue	NOUN
fbem-27657	61	5	have	have	VERB
fbem-27657	61	6	priority	priority	NOUN
fbem-27657	61	7	in	in	ADP
fbem-27657	61	8	sustainable	sustainable	ADJ
fbem-27657	61	9	development	development	NOUN
fbem-27657	61	10	and	and	CCONJ
fbem-27657	61	11	investment	investment	NOUN
fbem-27657	61	12	decisions	decision	NOUN
fbem-27657	61	13	.	.	PUNCT
fbem-27657	62	1	in	in	ADP
fbem-27657	62	2	contrast	contrast	NOUN
fbem-27657	62	3	,	,	PUNCT
fbem-27657	62	4	although	although	SCONJ
fbem-27657	62	5	"	"	PUNCT
fbem-27657	62	6	social	social	ADJ
fbem-27657	62	7	"	"	PUNCT
fbem-27657	62	8	and	and	CCONJ
fbem-27657	62	9	"	"	PUNCT
fbem-27657	62	10	governance	governance	NOUN
fbem-27657	62	11	"	"	PUNCT
fbem-27657	62	12	are	be	AUX
fbem-27657	62	13	important	important	ADJ
fbem-27657	62	14	,	,	PUNCT
fbem-27657	62	15	they	they	PRON
fbem-27657	62	16	are	be	AUX
fbem-27657	62	17	more	more	ADV
fbem-27657	62	18	related	related	ADJ
fbem-27657	62	19	to	to	ADP
fbem-27657	62	20	human	human	ADJ
fbem-27657	62	21	behavior	behavior	NOUN
fbem-27657	62	22	and	and	CCONJ
fbem-27657	62	23	organizational	organizational	ADJ
fbem-27657	62	24	structure	structure	NOUN
fbem-27657	62	25	,	,	PUNCT
fbem-27657	62	26	which	which	PRON
fbem-27657	62	27	are	be	AUX
fbem-27657	62	28	logically	logically	ADV
fbem-27657	62	29	based	base	VERB
fbem-27657	62	30	on	on	ADP
fbem-27657	62	31	environmental	environmental	ADJ
fbem-27657	62	32	sustainability	sustainability	NOUN
fbem-27657	62	33	.	.	PUNCT
fbem-27657	63	1	from	from	ADP
fbem-27657	63	2	a	a	DET
fbem-27657	63	3	logical	logical	ADJ
fbem-27657	63	4	perspective	perspective	NOUN
fbem-27657	63	5	,	,	PUNCT
fbem-27657	63	6	esg	esg	PROPN
fbem-27657	63	7	can	can	AUX
fbem-27657	63	8	also	also	ADV
fbem-27657	63	9	be	be	AUX
fbem-27657	63	10	deconstructed	deconstruct	VERB
fbem-27657	63	11	,	,	PUNCT
fbem-27657	63	12	and	and	CCONJ
fbem-27657	63	13	the	the	DET
fbem-27657	63	14	priority	priority	NOUN
fbem-27657	63	15	of	of	ADP
fbem-27657	63	16	environmental	environmental	ADJ
fbem-27657	63	17	information	information	NOUN
fbem-27657	63	18	disclosure	disclosure	NOUN
fbem-27657	63	19	can	can	AUX
fbem-27657	63	20	be	be	AUX
fbem-27657	63	21	demonstrated	demonstrate	VERB
fbem-27657	63	22	through	through	ADP
fbem-27657	63	23	the	the	DET
fbem-27657	63	24	concepts	concept	NOUN
fbem-27657	63	25	of	of	ADP
fbem-27657	63	26	proposition	proposition	NOUN
fbem-27657	63	27	and	and	CCONJ
fbem-27657	63	28	causality	causality	NOUN
fbem-27657	63	29	.	.	PUNCT
fbem-27657	64	1	in	in	ADP
fbem-27657	64	2	the	the	DET
fbem-27657	64	3	esg	esg	NOUN
fbem-27657	64	4	framework	framework	NOUN
fbem-27657	64	5	,	,	PUNCT
fbem-27657	64	6	the	the	DET
fbem-27657	64	7	environment	environment	NOUN
fbem-27657	64	8	is	be	AUX
fbem-27657	64	9	a	a	DET
fbem-27657	64	10	fundamental	fundamental	ADJ
fbem-27657	64	11	proposition	proposition	NOUN
fbem-27657	64	12	,	,	PUNCT
fbem-27657	64	13	because	because	SCONJ
fbem-27657	64	14	without	without	ADP
fbem-27657	64	15	a	a	DET
fbem-27657	64	16	good	good	ADJ
fbem-27657	64	17	environmental	environmental	PROPN
fbem-27657	64	18	foundation	foundation	NOUN
fbem-27657	64	19	,	,	PUNCT
fbem-27657	64	20	social	social	ADJ
fbem-27657	64	21	development	development	NOUN
fbem-27657	64	22	and	and	CCONJ
fbem-27657	64	23	governance	governance	NOUN
fbem-27657	64	24	structures	structure	NOUN
fbem-27657	64	25	can	can	AUX
fbem-27657	64	26	not	not	PART
fbem-27657	64	27	operate	operate	VERB
fbem-27657	64	28	normally	normally	ADV
fbem-27657	64	29	.	.	PUNCT
fbem-27657	65	1	for	for	ADP
fbem-27657	65	2	example	example	NOUN
fbem-27657	65	3	,	,	PUNCT
fbem-27657	65	4	environmental	environmental	ADJ
fbem-27657	65	5	degradation	degradation	NOUN
fbem-27657	65	6	can	can	AUX
fbem-27657	65	7	directly	directly	ADV
fbem-27657	65	8	lead	lead	VERB
fbem-27657	65	9	to	to	ADP
fbem-27657	65	10	public	public	ADJ
fbem-27657	65	11	health	health	NOUN
fbem-27657	65	12	problems	problem	NOUN
fbem-27657	65	13	,	,	PUNCT
fbem-27657	65	14	affecting	affect	VERB
fbem-27657	65	15	social	social	ADJ
fbem-27657	65	16	stability	stability	NOUN
fbem-27657	65	17	and	and	CCONJ
fbem-27657	65	18	increasing	increase	VERB
fbem-27657	65	19	the	the	DET
fbem-27657	65	20	complexity	complexity	NOUN
fbem-27657	65	21	and	and	CCONJ
fbem-27657	65	22	cost	cost	NOUN
fbem-27657	65	23	of	of	ADP
fbem-27657	65	24	governance	governance	NOUN
fbem-27657	65	25	[	[	X
fbem-27657	65	26	14	14	NUM
fbem-27657	65	27	]	]	PUNCT
fbem-27657	65	28	.	.	PUNCT
fbem-27657	66	1	in	in	ADP
fbem-27657	66	2	addition	addition	NOUN
fbem-27657	66	3	,	,	PUNCT
fbem-27657	66	4	health	health	NOUN
fbem-27657	66	5	problems	problem	NOUN
fbem-27657	66	6	caused	cause	VERB
fbem-27657	66	7	by	by	ADP
fbem-27657	66	8	environmental	environmental	ADJ
fbem-27657	66	9	pollution	pollution	NOUN
fbem-27657	66	10	,	,	PUNCT
fbem-27657	66	11	social	social	ADJ
fbem-27657	66	12	conflicts	conflict	NOUN
fbem-27657	66	13	caused	cause	VERB
fbem-27657	66	14	by	by	ADP
fbem-27657	66	15	resource	resource	NOUN
fbem-27657	66	16	shortages	shortage	NOUN
fbem-27657	66	17	,	,	PUNCT
fbem-27657	66	18	and	and	CCONJ
fbem-27657	66	19	governance	governance	NOUN
fbem-27657	66	20	challenges	challenge	NOUN
fbem-27657	66	21	153	153	NUM
fbem-27657	66	22	brought	bring	VERB
fbem-27657	66	23	about	about	ADP
fbem-27657	66	24	by	by	ADP
fbem-27657	66	25	climate	climate	NOUN
fbem-27657	66	26	change	change	NOUN
fbem-27657	66	27	are	be	AUX
fbem-27657	66	28	all	all	PRON
fbem-27657	66	29	typical	typical	ADJ
fbem-27657	66	30	causal	causal	ADJ
fbem-27657	66	31	relationships	relationship	NOUN
fbem-27657	66	32	.	.	PUNCT
fbem-27657	67	1	a	a	DET
fbem-27657	67	2	good	good	ADJ
fbem-27657	67	3	environment	environment	NOUN
fbem-27657	67	4	is	be	AUX
fbem-27657	67	5	a	a	DET
fbem-27657	67	6	prerequisite	prerequisite	NOUN
fbem-27657	67	7	for	for	ADP
fbem-27657	67	8	effective	effective	ADJ
fbem-27657	67	9	governance	governance	NOUN
fbem-27657	67	10	and	and	CCONJ
fbem-27657	67	11	social	social	ADJ
fbem-27657	67	12	well	well	ADV
fbem-27657	67	13	-	-	PUNCT
fbem-27657	67	14	being	be	AUX
fbem-27657	67	15	[	[	X
fbem-27657	67	16	15	15	NUM
fbem-27657	67	17	]	]	SYM
fbem-27657	67	18	.	.	PUNCT
fbem-27657	68	1	3.2	3.2	NUM
fbem-27657	68	2	.	.	PUNCT
fbem-27657	69	1	corporate	corporate	ADJ
fbem-27657	69	2	compliance	compliance	NOUN
fbem-27657	69	3	perspective	perspective	NOUN
fbem-27657	69	4	environmental	environmental	ADJ
fbem-27657	69	5	information	information	NOUN
fbem-27657	69	6	disclosure	disclosure	NOUN
fbem-27657	69	7	is	be	AUX
fbem-27657	69	8	an	an	DET
fbem-27657	69	9	important	important	ADJ
fbem-27657	69	10	part	part	NOUN
fbem-27657	69	11	of	of	ADP
fbem-27657	69	12	corporate	corporate	ADJ
fbem-27657	69	13	social	social	ADJ
fbem-27657	69	14	responsibility	responsibility	NOUN
fbem-27657	69	15	,	,	PUNCT
fbem-27657	69	16	which	which	PRON
fbem-27657	69	17	can	can	AUX
fbem-27657	69	18	reflect	reflect	VERB
fbem-27657	69	19	the	the	DET
fbem-27657	69	20	actual	actual	ADJ
fbem-27657	69	21	performance	performance	NOUN
fbem-27657	69	22	of	of	ADP
fbem-27657	69	23	an	an	DET
fbem-27657	69	24	enterprise	enterprise	NOUN
fbem-27657	69	25	in	in	ADP
fbem-27657	69	26	environmental	environmental	ADJ
fbem-27657	69	27	protection	protection	NOUN
fbem-27657	69	28	and	and	CCONJ
fbem-27657	69	29	sustainable	sustainable	ADJ
fbem-27657	69	30	development	development	NOUN
fbem-27657	69	31	.	.	PUNCT
fbem-27657	70	1	however	however	ADV
fbem-27657	70	2	,	,	PUNCT
fbem-27657	70	3	in	in	ADP
fbem-27657	70	4	the	the	DET
fbem-27657	70	5	case	case	NOUN
fbem-27657	70	6	of	of	ADP
fbem-27657	70	7	some	some	DET
fbem-27657	70	8	listed	list	VERB
fbem-27657	70	9	companies	company	NOUN
fbem-27657	70	10	or	or	CCONJ
fbem-27657	70	11	enterprises	enterprise	NOUN
fbem-27657	70	12	adopting	adopt	VERB
fbem-27657	70	13	a	a	DET
fbem-27657	70	14	voluntary	voluntary	ADJ
fbem-27657	70	15	disclosure	disclosure	NOUN
fbem-27657	70	16	model	model	NOUN
fbem-27657	70	17	,	,	PUNCT
fbem-27657	70	18	some	some	DET
fbem-27657	70	19	companies	company	NOUN
fbem-27657	70	20	may	may	AUX
fbem-27657	70	21	mislead	mislead	VERB
fbem-27657	70	22	the	the	DET
fbem-27657	70	23	public	public	NOUN
fbem-27657	70	24	and	and	CCONJ
fbem-27657	70	25	investors	investor	NOUN
fbem-27657	70	26	through	through	ADP
fbem-27657	70	27	irregularities	irregularity	NOUN
fbem-27657	70	28	such	such	ADJ
fbem-27657	70	29	as	as	ADP
fbem-27657	70	30	"	"	PUNCT
fbem-27657	70	31	greenwashing	greenwashing	NOUN
fbem-27657	70	32	"	"	PUNCT
fbem-27657	70	33	.	.	PUNCT
fbem-27657	71	1	on	on	ADP
fbem-27657	71	2	this	this	DET
fbem-27657	71	3	basis	basis	NOUN
fbem-27657	71	4	,	,	PUNCT
fbem-27657	71	5	not	not	PART
fbem-27657	71	6	only	only	ADV
fbem-27657	71	7	will	will	AUX
fbem-27657	71	8	the	the	DET
fbem-27657	71	9	public	public	ADJ
fbem-27657	71	10	or	or	CCONJ
fbem-27657	71	11	investors	investor	NOUN
fbem-27657	71	12	'	'	PART
fbem-27657	71	13	right	right	NOUN
fbem-27657	71	14	to	to	PART
fbem-27657	71	15	know	know	VERB
fbem-27657	71	16	be	be	AUX
fbem-27657	71	17	compromised	compromise	VERB
fbem-27657	71	18	,	,	PUNCT
fbem-27657	71	19	but	but	CCONJ
fbem-27657	71	20	the	the	DET
fbem-27657	71	21	risk	risk	NOUN
fbem-27657	71	22	of	of	ADP
fbem-27657	71	23	administrative	administrative	ADJ
fbem-27657	71	24	penalties	penalty	NOUN
fbem-27657	71	25	and	and	CCONJ
fbem-27657	71	26	judicial	judicial	ADJ
fbem-27657	71	27	proceedings	proceeding	NOUN
fbem-27657	71	28	by	by	ADP
fbem-27657	71	29	regulatory	regulatory	ADJ
fbem-27657	71	30	authorities	authority	NOUN
fbem-27657	71	31	will	will	AUX
fbem-27657	71	32	also	also	ADV
fbem-27657	71	33	greatly	greatly	ADV
fbem-27657	71	34	increase	increase	VERB
fbem-27657	71	35	.	.	PUNCT
fbem-27657	72	1	3.2.1	3.2.1	X
fbem-27657	72	2	.	.	X
fbem-27657	72	3	greenwashing	greenwashe	VERB
fbem-27657	72	4	greenwashing	greenwashing	NOUN
fbem-27657	72	5	refers	refer	VERB
fbem-27657	72	6	to	to	ADP
fbem-27657	72	7	the	the	DET
fbem-27657	72	8	practice	practice	NOUN
fbem-27657	72	9	of	of	ADP
fbem-27657	72	10	companies	company	NOUN
fbem-27657	72	11	misleading	mislead	VERB
fbem-27657	72	12	the	the	DET
fbem-27657	72	13	public	public	NOUN
fbem-27657	72	14	and	and	CCONJ
fbem-27657	72	15	investors	investor	NOUN
fbem-27657	72	16	by	by	ADP
fbem-27657	72	17	exaggerating	exaggerate	VERB
fbem-27657	72	18	or	or	CCONJ
fbem-27657	72	19	falsely	falsely	ADV
fbem-27657	72	20	promoting	promote	VERB
fbem-27657	72	21	environmental	environmental	ADJ
fbem-27657	72	22	protection	protection	NOUN
fbem-27657	72	23	,	,	PUNCT
fbem-27657	72	24	making	make	VERB
fbem-27657	72	25	them	they	PRON
fbem-27657	72	26	believe	believe	VERB
fbem-27657	72	27	that	that	SCONJ
fbem-27657	72	28	their	their	PRON
fbem-27657	72	29	products	product	NOUN
fbem-27657	72	30	or	or	CCONJ
fbem-27657	72	31	actions	action	NOUN
fbem-27657	72	32	are	be	AUX
fbem-27657	72	33	more	more	ADV
fbem-27657	72	34	environmentally	environmentally	ADV
fbem-27657	72	35	friendly	friendly	ADJ
fbem-27657	72	36	than	than	SCONJ
fbem-27657	72	37	they	they	PRON
fbem-27657	72	38	actually	actually	ADV
fbem-27657	72	39	are	be	AUX
fbem-27657	72	40	[	[	X
fbem-27657	72	41	16	16	NUM
fbem-27657	72	42	]	]	PUNCT
fbem-27657	72	43	.	.	PUNCT
fbem-27657	73	1	this	this	DET
fbem-27657	73	2	behavior	behavior	NOUN
fbem-27657	73	3	not	not	PART
fbem-27657	73	4	only	only	ADV
fbem-27657	73	5	harms	harm	VERB
fbem-27657	73	6	the	the	DET
fbem-27657	73	7	public	public	ADJ
fbem-27657	73	8	interest	interest	NOUN
fbem-27657	73	9	,	,	PUNCT
fbem-27657	73	10	but	but	CCONJ
fbem-27657	73	11	also	also	ADV
fbem-27657	73	12	undermines	undermine	VERB
fbem-27657	73	13	fair	fair	ADJ
fbem-27657	73	14	competition	competition	NOUN
fbem-27657	73	15	in	in	ADP
fbem-27657	73	16	the	the	DET
fbem-27657	73	17	market	market	NOUN
fbem-27657	73	18	.	.	PUNCT
fbem-27657	74	1	mandatory	mandatory	ADJ
fbem-27657	74	2	environmental	environmental	ADJ
fbem-27657	74	3	information	information	NOUN
fbem-27657	74	4	disclosure	disclosure	NOUN
fbem-27657	74	5	can	can	AUX
fbem-27657	74	6	force	force	VERB
fbem-27657	74	7	companies	company	NOUN
fbem-27657	74	8	to	to	PART
fbem-27657	74	9	provide	provide	VERB
fbem-27657	74	10	true	true	ADJ
fbem-27657	74	11	and	and	CCONJ
fbem-27657	74	12	accurate	accurate	ADJ
fbem-27657	74	13	environmental	environmental	ADJ
fbem-27657	74	14	data	datum	NOUN
fbem-27657	74	15	,	,	PUNCT
fbem-27657	74	16	thereby	thereby	ADV
fbem-27657	74	17	reducing	reduce	VERB
fbem-27657	74	18	the	the	DET
fbem-27657	74	19	occurrence	occurrence	NOUN
fbem-27657	74	20	of	of	ADP
fbem-27657	74	21	greenwashing	greenwashe	VERB
fbem-27657	74	22	[	[	X
fbem-27657	74	23	17	17	NUM
fbem-27657	74	24	]	]	PUNCT
fbem-27657	74	25	.	.	PUNCT
fbem-27657	75	1	3.2.2	3.2.2	NUM
fbem-27657	75	2	.	.	PUNCT
fbem-27657	75	3	judicial	judicial	ADJ
fbem-27657	75	4	and	and	CCONJ
fbem-27657	75	5	reputational	reputational	ADJ
fbem-27657	75	6	risk	risk	NOUN
fbem-27657	75	7	under	under	ADP
fbem-27657	75	8	the	the	DET
fbem-27657	75	9	current	current	ADJ
fbem-27657	75	10	global	global	ADJ
fbem-27657	75	11	trend	trend	NOUN
fbem-27657	75	12	of	of	ADP
fbem-27657	75	13	environmental	environmental	ADJ
fbem-27657	75	14	protection	protection	NOUN
fbem-27657	75	15	,	,	PUNCT
fbem-27657	75	16	enterprises	enterprise	NOUN
fbem-27657	75	17	are	be	AUX
fbem-27657	75	18	facing	face	VERB
fbem-27657	75	19	increasing	increase	VERB
fbem-27657	75	20	regulatory	regulatory	ADJ
fbem-27657	75	21	pressure	pressure	NOUN
fbem-27657	75	22	and	and	CCONJ
fbem-27657	75	23	legal	legal	ADJ
fbem-27657	75	24	requirements	requirement	NOUN
fbem-27657	75	25	.	.	PUNCT
fbem-27657	76	1	therefore	therefore	ADV
fbem-27657	76	2	,	,	PUNCT
fbem-27657	76	3	if	if	SCONJ
fbem-27657	76	4	enterprises	enterprise	NOUN
fbem-27657	76	5	are	be	AUX
fbem-27657	76	6	negligent	negligent	ADJ
fbem-27657	76	7	or	or	CCONJ
fbem-27657	76	8	take	take	VERB
fbem-27657	76	9	chances	chance	NOUN
fbem-27657	76	10	in	in	ADP
fbem-27657	76	11	"	"	PUNCT
fbem-27657	76	12	greenwashing	greenwashing	NOUN
fbem-27657	76	13	"	"	PUNCT
fbem-27657	76	14	and	and	CCONJ
fbem-27657	76	15	"	"	PUNCT
fbem-27657	76	16	carbon	carbon	NOUN
fbem-27657	76	17	-	-	PUNCT
fbem-27657	76	18	washing	washing	NOUN
fbem-27657	76	19	"	"	PUNCT
fbem-27657	76	20	behavior	behavior	NOUN
fbem-27657	76	21	,	,	PUNCT
fbem-27657	76	22	they	they	PRON
fbem-27657	76	23	may	may	AUX
fbem-27657	76	24	trigger	trigger	VERB
fbem-27657	76	25	"	"	PUNCT
fbem-27657	76	26	land	land	NOUN
fbem-27657	76	27	mines	mine	NOUN
fbem-27657	76	28	"	"	PUNCT
fbem-27657	76	29	in	in	ADP
fbem-27657	76	30	corporate	corporate	ADJ
fbem-27657	76	31	compliance	compliance	NOUN
fbem-27657	76	32	,	,	PUNCT
fbem-27657	76	33	law	law	NOUN
fbem-27657	76	34	,	,	PUNCT
fbem-27657	76	35	and	and	CCONJ
fbem-27657	76	36	public	public	ADJ
fbem-27657	76	37	opinion	opinion	NOUN
fbem-27657	76	38	.	.	PUNCT
fbem-27657	77	1	through	through	ADP
fbem-27657	77	2	mandatory	mandatory	ADJ
fbem-27657	77	3	disclosure	disclosure	NOUN
fbem-27657	77	4	requirements	requirement	NOUN
fbem-27657	77	5	,	,	PUNCT
fbem-27657	77	6	enterprises	enterprise	NOUN
fbem-27657	77	7	can	can	AUX
fbem-27657	77	8	avoid	avoid	VERB
fbem-27657	77	9	administrative	administrative	ADJ
fbem-27657	77	10	penalties	penalty	NOUN
fbem-27657	77	11	and	and	CCONJ
fbem-27657	77	12	civil	civil	ADJ
fbem-27657	77	13	litigation	litigation	NOUN
fbem-27657	77	14	caused	cause	VERB
fbem-27657	77	15	by	by	ADP
fbem-27657	77	16	opaque	opaque	ADJ
fbem-27657	77	17	or	or	CCONJ
fbem-27657	77	18	false	false	ADJ
fbem-27657	77	19	disclosure	disclosure	NOUN
fbem-27657	77	20	of	of	ADP
fbem-27657	77	21	environmental	environmental	ADJ
fbem-27657	77	22	information	information	NOUN
fbem-27657	77	23	.	.	PUNCT
fbem-27657	78	1	in	in	ADP
fbem-27657	78	2	addition	addition	NOUN
fbem-27657	78	3	,	,	PUNCT
fbem-27657	78	4	open	open	ADJ
fbem-27657	78	5	and	and	CCONJ
fbem-27657	78	6	transparent	transparent	ADJ
fbem-27657	78	7	environmental	environmental	ADJ
fbem-27657	78	8	information	information	NOUN
fbem-27657	78	9	disclosure	disclosure	NOUN
fbem-27657	78	10	can	can	AUX
fbem-27657	78	11	enhance	enhance	VERB
fbem-27657	78	12	the	the	DET
fbem-27657	78	13	corporate	corporate	ADJ
fbem-27657	78	14	social	social	ADJ
fbem-27657	78	15	responsibility	responsibility	NOUN
fbem-27657	78	16	image	image	NOUN
fbem-27657	78	17	and	and	CCONJ
fbem-27657	78	18	enhance	enhance	VERB
fbem-27657	78	19	public	public	ADJ
fbem-27657	78	20	and	and	CCONJ
fbem-27657	78	21	investor	investor	NOUN
fbem-27657	78	22	trust	trust	NOUN
fbem-27657	78	23	,	,	PUNCT
fbem-27657	78	24	thereby	thereby	ADV
fbem-27657	78	25	reducing	reduce	VERB
fbem-27657	78	26	reputation	reputation	NOUN
fbem-27657	78	27	risks	risk	NOUN
fbem-27657	78	28	.	.	PUNCT
fbem-27657	79	1	4	4	X
fbem-27657	79	2	.	.	X
fbem-27657	79	3	compliance	compliance	NOUN
fbem-27657	79	4	path	path	NOUN
fbem-27657	79	5	:	:	PUNCT
fbem-27657	79	6	optimizing	optimize	VERB
fbem-27657	79	7	the	the	DET
fbem-27657	79	8	mandatory	mandatory	ADJ
fbem-27657	79	9	environmental	environmental	ADJ
fbem-27657	79	10	information	information	NOUN
fbem-27657	79	11	disclosure	disclosure	NOUN
fbem-27657	79	12	system	system	NOUN
fbem-27657	79	13	as	as	SCONJ
fbem-27657	79	14	previously	previously	ADV
fbem-27657	79	15	discussed	discuss	VERB
fbem-27657	79	16	,	,	PUNCT
fbem-27657	79	17	establishing	establish	VERB
fbem-27657	79	18	a	a	DET
fbem-27657	79	19	comprehensive	comprehensive	ADJ
fbem-27657	79	20	mandatory	mandatory	ADJ
fbem-27657	79	21	environmental	environmental	ADJ
fbem-27657	79	22	information	information	NOUN
fbem-27657	79	23	disclosure	disclosure	NOUN
fbem-27657	79	24	system	system	NOUN
fbem-27657	79	25	for	for	ADP
fbem-27657	79	26	listed	list	VERB
fbem-27657	79	27	companies	company	NOUN
fbem-27657	79	28	is	be	AUX
fbem-27657	79	29	both	both	PRON
fbem-27657	79	30	legitimate	legitimate	ADJ
fbem-27657	79	31	and	and	CCONJ
fbem-27657	79	32	necessary	necessary	ADJ
fbem-27657	79	33	.	.	PUNCT
fbem-27657	80	1	such	such	DET
fbem-27657	80	2	a	a	DET
fbem-27657	80	3	system	system	NOUN
fbem-27657	80	4	can	can	AUX
fbem-27657	80	5	become	become	VERB
fbem-27657	80	6	a	a	DET
fbem-27657	80	7	powerful	powerful	ADJ
fbem-27657	80	8	institutional	institutional	ADJ
fbem-27657	80	9	tool	tool	NOUN
fbem-27657	80	10	to	to	PART
fbem-27657	80	11	promote	promote	VERB
fbem-27657	80	12	high	high	ADJ
fbem-27657	80	13	-	-	PUNCT
fbem-27657	80	14	quality	quality	NOUN
fbem-27657	80	15	development	development	NOUN
fbem-27657	80	16	.	.	PUNCT
fbem-27657	81	1	from	from	ADP
fbem-27657	81	2	the	the	DET
fbem-27657	81	3	perspective	perspective	NOUN
fbem-27657	81	4	of	of	ADP
fbem-27657	81	5	corporate	corporate	ADJ
fbem-27657	81	6	environmental	environmental	ADJ
fbem-27657	81	7	compliance	compliance	NOUN
fbem-27657	81	8	,	,	PUNCT
fbem-27657	81	9	this	this	DET
fbem-27657	81	10	paper	paper	NOUN
fbem-27657	81	11	proposes	propose	VERB
fbem-27657	81	12	corresponding	correspond	VERB
fbem-27657	81	13	optimization	optimization	NOUN
fbem-27657	81	14	strategies	strategy	NOUN
fbem-27657	81	15	by	by	ADP
fbem-27657	81	16	leveraging	leverage	VERB
fbem-27657	81	17	the	the	DET
fbem-27657	81	18	external	external	ADJ
fbem-27657	81	19	incentive	incentive	NOUN
fbem-27657	81	20	function	function	NOUN
fbem-27657	81	21	and	and	CCONJ
fbem-27657	81	22	the	the	DET
fbem-27657	81	23	theoretical	theoretical	ADJ
fbem-27657	81	24	advantages	advantage	NOUN
fbem-27657	81	25	of	of	ADP
fbem-27657	81	26	environmental	environmental	ADJ
fbem-27657	81	27	social	social	ADJ
fbem-27657	81	28	responsibility	responsibility	NOUN
fbem-27657	81	29	.	.	PUNCT
fbem-27657	82	1	these	these	DET
fbem-27657	82	2	strategies	strategy	NOUN
fbem-27657	82	3	aim	aim	VERB
fbem-27657	82	4	to	to	PART
fbem-27657	82	5	enhance	enhance	VERB
fbem-27657	82	6	the	the	DET
fbem-27657	82	7	effectiveness	effectiveness	NOUN
fbem-27657	82	8	of	of	ADP
fbem-27657	82	9	corporate	corporate	ADJ
fbem-27657	82	10	environmental	environmental	ADJ
fbem-27657	82	11	information	information	NOUN
fbem-27657	82	12	disclosure	disclosure	NOUN
fbem-27657	82	13	and	and	CCONJ
fbem-27657	82	14	advance	advance	VERB
fbem-27657	82	15	the	the	DET
fbem-27657	82	16	modernization	modernization	NOUN
fbem-27657	82	17	of	of	ADP
fbem-27657	82	18	china	china	PROPN
fbem-27657	82	19	's	's	PART
fbem-27657	82	20	ecological	ecological	ADJ
fbem-27657	82	21	civilization	civilization	NOUN
fbem-27657	82	22	governance	governance	NOUN
fbem-27657	82	23	system	system	NOUN
fbem-27657	82	24	and	and	CCONJ
fbem-27657	82	25	governance	governance	NOUN
fbem-27657	82	26	capacity	capacity	NOUN
fbem-27657	82	27	.	.	PUNCT
fbem-27657	83	1	4.1	4.1	NUM
fbem-27657	83	2	.	.	PUNCT
fbem-27657	83	3	developing	develop	VERB
fbem-27657	83	4	unified	unified	ADJ
fbem-27657	83	5	disclosure	disclosure	NOUN
fbem-27657	83	6	format	format	NOUN
fbem-27657	83	7	guidelines	guideline	NOUN
fbem-27657	83	8	to	to	PART
fbem-27657	83	9	achieve	achieve	VERB
fbem-27657	83	10	standardization	standardization	NOUN
fbem-27657	83	11	and	and	CCONJ
fbem-27657	83	12	consistency	consistency	NOUN
fbem-27657	83	13	in	in	ADP
fbem-27657	83	14	environmental	environmental	ADJ
fbem-27657	83	15	information	information	NOUN
fbem-27657	83	16	disclosure	disclosure	NOUN
fbem-27657	83	17	,	,	PUNCT
fbem-27657	83	18	it	it	PRON
fbem-27657	83	19	is	be	AUX
fbem-27657	83	20	particularly	particularly	ADV
fbem-27657	83	21	important	important	ADJ
fbem-27657	83	22	to	to	PART
fbem-27657	83	23	develop	develop	VERB
fbem-27657	83	24	unified	unified	ADJ
fbem-27657	83	25	disclosure	disclosure	NOUN
fbem-27657	83	26	format	format	NOUN
fbem-27657	83	27	guidelines	guideline	NOUN
fbem-27657	83	28	[	[	X
fbem-27657	83	29	18	18	NUM
fbem-27657	83	30	]	]	PUNCT
fbem-27657	83	31	.	.	PUNCT
fbem-27657	84	1	this	this	PRON
fbem-27657	84	2	not	not	PART
fbem-27657	84	3	only	only	ADV
fbem-27657	84	4	reduces	reduce	VERB
fbem-27657	84	5	confusion	confusion	NOUN
fbem-27657	84	6	and	and	CCONJ
fbem-27657	84	7	uncertainty	uncertainty	NOUN
fbem-27657	84	8	faced	face	VERB
fbem-27657	84	9	by	by	ADP
fbem-27657	84	10	companies	company	NOUN
fbem-27657	84	11	during	during	ADP
fbem-27657	84	12	the	the	DET
fbem-27657	84	13	disclosure	disclosure	NOUN
fbem-27657	84	14	process	process	NOUN
fbem-27657	84	15	but	but	CCONJ
fbem-27657	84	16	also	also	ADV
fbem-27657	84	17	enhances	enhance	VERB
fbem-27657	84	18	the	the	DET
fbem-27657	84	19	comparability	comparability	NOUN
fbem-27657	84	20	and	and	CCONJ
fbem-27657	84	21	transparency	transparency	NOUN
fbem-27657	84	22	of	of	ADP
fbem-27657	84	23	the	the	DET
fbem-27657	84	24	information	information	NOUN
fbem-27657	84	25	[	[	X
fbem-27657	84	26	19	19	NUM
fbem-27657	84	27	]	]	PUNCT
fbem-27657	84	28	.	.	PUNCT
fbem-27657	85	1	by	by	ADP
fbem-27657	85	2	drawing	draw	VERB
fbem-27657	85	3	on	on	ADP
fbem-27657	85	4	the	the	DET
fbem-27657	85	5	latest	late	ADJ
fbem-27657	85	6	international	international	ADJ
fbem-27657	85	7	esg	esg	PROPN
fbem-27657	85	8	environmental	environmental	ADJ
fbem-27657	85	9	information	information	NOUN
fbem-27657	85	10	disclosure	disclosure	NOUN
fbem-27657	85	11	standards	standard	NOUN
fbem-27657	85	12	,	,	PUNCT
fbem-27657	85	13	such	such	ADJ
fbem-27657	85	14	as	as	ADP
fbem-27657	85	15	gri	gri	PROPN
fbem-27657	85	16	,	,	PUNCT
fbem-27657	85	17	sasb	sasb	NOUN
fbem-27657	85	18	,	,	PUNCT
fbem-27657	85	19	and	and	CCONJ
fbem-27657	85	20	iso26000	iso26000	NOUN
fbem-27657	85	21	,	,	PUNCT
fbem-27657	85	22	and	and	CCONJ
fbem-27657	85	23	aligning	align	VERB
fbem-27657	85	24	with	with	ADP
fbem-27657	85	25	china	china	PROPN
fbem-27657	85	26	's	's	PART
fbem-27657	85	27	"	"	PUNCT
fbem-27657	85	28	dual	dual	ADJ
fbem-27657	85	29	carbon	carbon	NOUN
fbem-27657	85	30	"	"	PUNCT
fbem-27657	85	31	goals	goal	NOUN
fbem-27657	85	32	,	,	PUNCT
fbem-27657	85	33	developing	develop	VERB
fbem-27657	85	34	unified	unified	ADJ
fbem-27657	85	35	esg	esg	PROPN
fbem-27657	85	36	environmental	environmental	ADJ
fbem-27657	85	37	information	information	NOUN
fbem-27657	85	38	disclosure	disclosure	NOUN
fbem-27657	85	39	standards	standard	NOUN
fbem-27657	85	40	is	be	AUX
fbem-27657	85	41	an	an	DET
fbem-27657	85	42	effective	effective	ADJ
fbem-27657	85	43	approach	approach	NOUN
fbem-27657	85	44	[	[	X
fbem-27657	85	45	20	20	NUM
fbem-27657	85	46	]	]	PUNCT
fbem-27657	85	47	.	.	PUNCT
fbem-27657	86	1	specifically	specifically	ADV
fbem-27657	86	2	,	,	PUNCT
fbem-27657	86	3	the	the	DET
fbem-27657	86	4	guidelines	guideline	NOUN
fbem-27657	86	5	need	need	VERB
fbem-27657	86	6	to	to	PART
fbem-27657	86	7	clarify	clarify	VERB
fbem-27657	86	8	the	the	DET
fbem-27657	86	9	specific	specific	ADJ
fbem-27657	86	10	content	content	NOUN
fbem-27657	86	11	,	,	PUNCT
fbem-27657	86	12	indicators	indicator	NOUN
fbem-27657	86	13	,	,	PUNCT
fbem-27657	86	14	and	and	CCONJ
fbem-27657	86	15	methods	method	NOUN
fbem-27657	86	16	of	of	ADP
fbem-27657	86	17	environmental	environmental	ADJ
fbem-27657	86	18	information	information	NOUN
fbem-27657	86	19	disclosure	disclosure	NOUN
fbem-27657	86	20	,	,	PUNCT
fbem-27657	86	21	using	use	VERB
fbem-27657	86	22	a	a	DET
fbem-27657	86	23	combination	combination	NOUN
fbem-27657	86	24	of	of	ADP
fbem-27657	86	25	qualitative	qualitative	ADJ
fbem-27657	86	26	and	and	CCONJ
fbem-27657	86	27	quantitative	quantitative	ADJ
fbem-27657	86	28	disclosure	disclosure	NOUN
fbem-27657	86	29	methods	method	NOUN
fbem-27657	86	30	.	.	PUNCT
fbem-27657	87	1	the	the	DET
fbem-27657	87	2	guidelines	guideline	NOUN
fbem-27657	87	3	should	should	AUX
fbem-27657	87	4	specify	specify	VERB
fbem-27657	87	5	the	the	DET
fbem-27657	87	6	environmental	environmental	ADJ
fbem-27657	87	7	performance	performance	NOUN
fbem-27657	87	8	indicators	indicator	NOUN
fbem-27657	87	9	that	that	PRON
fbem-27657	87	10	disclosure	disclosure	NOUN
fbem-27657	87	11	subjects	subject	NOUN
fbem-27657	87	12	need	need	VERB
fbem-27657	87	13	to	to	PART
fbem-27657	87	14	report	report	VERB
fbem-27657	87	15	,	,	PUNCT
fbem-27657	87	16	including	include	VERB
fbem-27657	87	17	but	but	CCONJ
fbem-27657	87	18	not	not	PART
fbem-27657	87	19	limited	limit	VERB
fbem-27657	87	20	to	to	ADP
fbem-27657	87	21	greenhouse	greenhouse	NOUN
fbem-27657	87	22	gas	gas	NOUN
fbem-27657	87	23	emissions	emission	NOUN
fbem-27657	87	24	,	,	PUNCT
fbem-27657	87	25	water	water	NOUN
fbem-27657	87	26	resource	resource	NOUN
fbem-27657	87	27	usage	usage	NOUN
fbem-27657	87	28	,	,	PUNCT
fbem-27657	87	29	and	and	CCONJ
fbem-27657	87	30	waste	waste	NOUN
fbem-27657	87	31	management	management	NOUN
fbem-27657	87	32	,	,	PUNCT
fbem-27657	87	33	to	to	PART
fbem-27657	87	34	ensure	ensure	VERB
fbem-27657	87	35	the	the	DET
fbem-27657	87	36	comprehensiveness	comprehensiveness	NOUN
fbem-27657	87	37	and	and	CCONJ
fbem-27657	87	38	accuracy	accuracy	NOUN
fbem-27657	87	39	of	of	ADP
fbem-27657	87	40	the	the	DET
fbem-27657	87	41	information	information	NOUN
fbem-27657	87	42	.	.	PUNCT
fbem-27657	88	1	4.2	4.2	NUM
fbem-27657	88	2	.	.	PUNCT
fbem-27657	88	3	soft	soft	ADJ
fbem-27657	88	4	approaches	approach	NOUN
fbem-27657	88	5	to	to	PART
fbem-27657	88	6	mitigate	mitigate	VERB
fbem-27657	88	7	passive	passive	ADJ
fbem-27657	88	8	effects	effect	NOUN
fbem-27657	88	9	if	if	SCONJ
fbem-27657	88	10	environmental	environmental	ADJ
fbem-27657	88	11	information	information	NOUN
fbem-27657	88	12	disclosure	disclosure	NOUN
fbem-27657	88	13	is	be	AUX
fbem-27657	88	14	fully	fully	ADV
fbem-27657	88	15	mandated	mandate	VERB
fbem-27657	88	16	,	,	PUNCT
fbem-27657	88	17	it	it	PRON
fbem-27657	88	18	will	will	AUX
fbem-27657	88	19	inevitably	inevitably	ADV
fbem-27657	88	20	have	have	VERB
fbem-27657	88	21	a	a	DET
fbem-27657	88	22	deterrent	deterrent	NOUN
fbem-27657	88	23	effect	effect	NOUN
fbem-27657	88	24	on	on	ADP
fbem-27657	88	25	companies	company	NOUN
fbem-27657	88	26	,	,	PUNCT
fbem-27657	88	27	increasing	increase	VERB
fbem-27657	88	28	their	their	PRON
fbem-27657	88	29	costs	cost	NOUN
fbem-27657	88	30	and	and	CCONJ
fbem-27657	88	31	burdens	burden	NOUN
fbem-27657	88	32	for	for	ADP
fbem-27657	88	33	passive	passive	ADJ
fbem-27657	88	34	compliance	compliance	NOUN
fbem-27657	88	35	.	.	PUNCT
fbem-27657	89	1	therefore	therefore	ADV
fbem-27657	89	2	,	,	PUNCT
fbem-27657	89	3	it	it	PRON
fbem-27657	89	4	is	be	AUX
fbem-27657	89	5	necessary	necessary	ADJ
fbem-27657	89	6	to	to	PART
fbem-27657	89	7	establish	establish	VERB
fbem-27657	89	8	a	a	DET
fbem-27657	89	9	soft	soft	ADJ
fbem-27657	89	10	law	law	NOUN
fbem-27657	89	11	incentive	incentive	NOUN
fbem-27657	89	12	system	system	NOUN
fbem-27657	89	13	based	base	VERB
fbem-27657	89	14	on	on	ADP
fbem-27657	89	15	compliance	compliance	NOUN
fbem-27657	89	16	to	to	PART
fbem-27657	89	17	balance	balance	VERB
fbem-27657	89	18	the	the	DET
fbem-27657	89	19	negative	negative	ADJ
fbem-27657	89	20	impacts	impact	NOUN
fbem-27657	89	21	of	of	ADP
fbem-27657	89	22	mandatory	mandatory	ADJ
fbem-27657	89	23	disclosure	disclosure	NOUN
fbem-27657	89	24	.	.	PUNCT
fbem-27657	90	1	4.2.1	4.2.1	X
fbem-27657	90	2	.	.	PUNCT
fbem-27657	91	1	disclosure	disclosure	NOUN
fbem-27657	91	2	exemption	exemption	NOUN
fbem-27657	91	3	to	to	PART
fbem-27657	91	4	alleviate	alleviate	VERB
fbem-27657	91	5	the	the	DET
fbem-27657	91	6	disclosure	disclosure	NOUN
fbem-27657	91	7	costs	cost	NOUN
fbem-27657	91	8	for	for	ADP
fbem-27657	91	9	listed	list	VERB
fbem-27657	91	10	companies	company	NOUN
fbem-27657	91	11	,	,	PUNCT
fbem-27657	91	12	china	china	PROPN
fbem-27657	91	13	could	could	AUX
fbem-27657	91	14	consider	consider	VERB
fbem-27657	91	15	establishing	establish	VERB
fbem-27657	91	16	exemption	exemption	NOUN
fbem-27657	91	17	rules	rule	NOUN
fbem-27657	91	18	for	for	ADP
fbem-27657	91	19	mandatory	mandatory	ADJ
fbem-27657	91	20	esg	esg	PROPN
fbem-27657	91	21	environmental	environmental	ADJ
fbem-27657	91	22	information	information	NOUN
fbem-27657	91	23	disclosure	disclosure	NOUN
fbem-27657	91	24	.	.	PUNCT
fbem-27657	92	1	scholars	scholar	NOUN
fbem-27657	92	2	have	have	AUX
fbem-27657	92	3	proposed	propose	VERB
fbem-27657	92	4	constructing	construct	VERB
fbem-27657	92	5	these	these	DET
fbem-27657	92	6	exemptions	exemption	NOUN
fbem-27657	92	7	from	from	ADP
fbem-27657	92	8	three	three	NUM
fbem-27657	92	9	perspectives	perspective	NOUN
fbem-27657	92	10	regarding	regard	VERB
fbem-27657	92	11	overall	overall	ADJ
fbem-27657	92	12	esg	esg	PROPN
fbem-27657	92	13	disclosure	disclosure	NOUN
fbem-27657	92	14	:	:	PUNCT
fbem-27657	92	15	exempting	exempt	VERB
fbem-27657	92	16	micro	micro	NOUN
fbem-27657	92	17	-	-	ADJ
fbem-27657	92	18	cap	cap	ADJ
fbem-27657	92	19	listed	list	VERB
fbem-27657	92	20	companies	company	NOUN
fbem-27657	92	21	from	from	ADP
fbem-27657	92	22	disclosure	disclosure	NOUN
fbem-27657	92	23	obligations	obligation	NOUN
fbem-27657	92	24	,	,	PUNCT
fbem-27657	92	25	establishing	establish	VERB
fbem-27657	92	26	exemption	exemption	NOUN
fbem-27657	92	27	rules	rule	NOUN
fbem-27657	92	28	for	for	ADP
fbem-27657	92	29	subsidiary	subsidiary	NOUN
fbem-27657	92	30	companies	company	NOUN
fbem-27657	92	31	,	,	PUNCT
fbem-27657	92	32	and	and	CCONJ
fbem-27657	92	33	setting	set	VERB
fbem-27657	92	34	exemption	exemption	NOUN
fbem-27657	92	35	rules	rule	NOUN
fbem-27657	92	36	for	for	ADP
fbem-27657	92	37	companies	company	NOUN
fbem-27657	92	38	listed	list	VERB
fbem-27657	92	39	in	in	ADP
fbem-27657	92	40	multiple	multiple	ADJ
fbem-27657	92	41	jurisdictions	jurisdiction	NOUN
fbem-27657	92	42	[	[	X
fbem-27657	92	43	21	21	NUM
fbem-27657	92	44	]	]	PUNCT
fbem-27657	92	45	.	.	PUNCT
fbem-27657	93	1	while	while	SCONJ
fbem-27657	93	2	this	this	DET
fbem-27657	93	3	article	article	NOUN
fbem-27657	93	4	agrees	agree	VERB
fbem-27657	93	5	with	with	ADP
fbem-27657	93	6	the	the	DET
fbem-27657	93	7	latter	latter	ADJ
fbem-27657	93	8	two	two	NUM
fbem-27657	93	9	points	point	NOUN
fbem-27657	93	10	,	,	PUNCT
fbem-27657	93	11	it	it	PRON
fbem-27657	93	12	holds	hold	VERB
fbem-27657	93	13	reservations	reservation	NOUN
fbem-27657	93	14	about	about	ADP
fbem-27657	93	15	the	the	DET
fbem-27657	93	16	first	first	ADJ
fbem-27657	93	17	measure	measure	NOUN
fbem-27657	93	18	.	.	PUNCT
fbem-27657	94	1	firstly	firstly	ADV
fbem-27657	94	2	,	,	PUNCT
fbem-27657	94	3	environmental	environmental	ADJ
fbem-27657	94	4	information	information	NOUN
fbem-27657	94	5	within	within	ADP
fbem-27657	94	6	esg	esg	PROPN
fbem-27657	94	7	is	be	AUX
fbem-27657	94	8	crucial	crucial	ADJ
fbem-27657	94	9	for	for	SCONJ
fbem-27657	94	10	society	society	NOUN
fbem-27657	94	11	and	and	CCONJ
fbem-27657	94	12	investors	investor	NOUN
fbem-27657	94	13	to	to	PART
fbem-27657	94	14	understand	understand	VERB
fbem-27657	94	15	a	a	DET
fbem-27657	94	16	company	company	NOUN
fbem-27657	94	17	's	's	PART
fbem-27657	94	18	environmental	environmental	ADJ
fbem-27657	94	19	performance	performance	NOUN
fbem-27657	94	20	.	.	PUNCT
fbem-27657	95	1	regardless	regardless	ADV
fbem-27657	95	2	of	of	ADP
fbem-27657	95	3	the	the	DET
fbem-27657	95	4	company	company	NOUN
fbem-27657	95	5	's	's	PART
fbem-27657	95	6	size	size	NOUN
fbem-27657	95	7	,	,	PUNCT
fbem-27657	95	8	its	its	PRON
fbem-27657	95	9	operations	operation	NOUN
fbem-27657	95	10	may	may	AUX
fbem-27657	95	11	impact	impact	VERB
fbem-27657	95	12	the	the	DET
fbem-27657	95	13	environment	environment	NOUN
fbem-27657	95	14	.	.	PUNCT
fbem-27657	96	1	in	in	ADP
fbem-27657	96	2	the	the	DET
fbem-27657	96	3	current	current	ADJ
fbem-27657	96	4	context	context	NOUN
fbem-27657	96	5	of	of	ADP
fbem-27657	96	6	increasingly	increasingly	ADV
fbem-27657	96	7	severe	severe	ADJ
fbem-27657	96	8	global	global	ADJ
fbem-27657	96	9	climate	climate	NOUN
fbem-27657	96	10	change	change	NOUN
fbem-27657	96	11	,	,	PUNCT
fbem-27657	96	12	all	all	DET
fbem-27657	96	13	enterprises	enterprise	NOUN
fbem-27657	96	14	should	should	AUX
fbem-27657	96	15	assume	assume	VERB
fbem-27657	96	16	their	their	PRON
fbem-27657	96	17	respective	respective	ADJ
fbem-27657	96	18	environmental	environmental	ADJ
fbem-27657	96	19	responsibilities	responsibility	NOUN
fbem-27657	96	20	.	.	PUNCT
fbem-27657	97	1	although	although	SCONJ
fbem-27657	97	2	micro	micro	NOUN
fbem-27657	97	3	-	-	ADJ
fbem-27657	97	4	cap	cap	ADJ
fbem-27657	97	5	listed	list	VERB
fbem-27657	97	6	companies	company	NOUN
fbem-27657	97	7	are	be	AUX
fbem-27657	97	8	relatively	relatively	ADV
fbem-27657	97	9	small	small	ADJ
fbem-27657	97	10	,	,	PUNCT
fbem-27657	97	11	their	their	PRON
fbem-27657	97	12	cumulative	cumulative	ADJ
fbem-27657	97	13	environmental	environmental	ADJ
fbem-27657	97	14	impact	impact	NOUN
fbem-27657	97	15	can	can	AUX
fbem-27657	97	16	not	not	PART
fbem-27657	97	17	be	be	AUX
fbem-27657	97	18	overlooked	overlook	VERB
fbem-27657	97	19	.	.	PUNCT
fbem-27657	98	1	secondly	secondly	ADV
fbem-27657	98	2	,	,	PUNCT
fbem-27657	98	3	the	the	DET
fbem-27657	98	4	fact	fact	NOUN
fbem-27657	98	5	that	that	SCONJ
fbem-27657	98	6	a	a	DET
fbem-27657	98	7	company	company	NOUN
fbem-27657	98	8	is	be	AUX
fbem-27657	98	9	listed	list	VERB
fbem-27657	98	10	implies	imply	VERB
fbem-27657	98	11	that	that	SCONJ
fbem-27657	98	12	it	it	PRON
fbem-27657	98	13	has	have	AUX
fbem-27657	98	14	already	already	ADV
fbem-27657	98	15	reached	reach	VERB
fbem-27657	98	16	a	a	DET
fbem-27657	98	17	certain	certain	ADJ
fbem-27657	98	18	scale	scale	NOUN
fbem-27657	98	19	and	and	CCONJ
fbem-27657	98	20	operational	operational	ADJ
fbem-27657	98	21	capability	capability	NOUN
fbem-27657	98	22	in	in	ADP
fbem-27657	98	23	the	the	DET
fbem-27657	98	24	capital	capital	NOUN
fbem-27657	98	25	market	market	NOUN
fbem-27657	98	26	.	.	PUNCT
fbem-27657	99	1	compared	compare	VERB
fbem-27657	99	2	to	to	ADP
fbem-27657	99	3	ordinary	ordinary	ADJ
fbem-27657	99	4	companies	company	NOUN
fbem-27657	99	5	,	,	PUNCT
fbem-27657	99	6	listed	list	VERB
fbem-27657	99	7	companies	company	NOUN
fbem-27657	99	8	have	have	VERB
fbem-27657	99	9	more	more	ADJ
fbem-27657	99	10	resources	resource	NOUN
fbem-27657	99	11	and	and	CCONJ
fbem-27657	99	12	capacity	capacity	NOUN
fbem-27657	99	13	to	to	PART
fbem-27657	99	14	fulfill	fulfill	VERB
fbem-27657	99	15	environmental	environmental	ADJ
fbem-27657	99	16	information	information	NOUN
fbem-27657	99	17	disclosure	disclosure	NOUN
fbem-27657	99	18	obligations	obligation	NOUN
fbem-27657	99	19	.	.	PUNCT
fbem-27657	100	1	exempting	exempt	VERB
fbem-27657	100	2	micro	micro	NOUN
fbem-27657	100	3	-	-	ADJ
fbem-27657	100	4	cap	cap	ADJ
fbem-27657	100	5	listed	list	VERB
fbem-27657	100	6	companies	company	NOUN
fbem-27657	100	7	from	from	ADP
fbem-27657	100	8	environmental	environmental	ADJ
fbem-27657	100	9	information	information	NOUN
fbem-27657	100	10	disclosure	disclosure	NOUN
fbem-27657	100	11	obligations	obligation	NOUN
fbem-27657	100	12	is	be	AUX
fbem-27657	100	13	not	not	PART
fbem-27657	100	14	only	only	ADV
fbem-27657	100	15	unfair	unfair	ADJ
fbem-27657	100	16	but	but	CCONJ
fbem-27657	100	17	may	may	AUX
fbem-27657	100	18	also	also	ADV
fbem-27657	100	19	encourage	encourage	VERB
fbem-27657	100	20	environmental	environmental	ADJ
fbem-27657	100	21	violations	violation	NOUN
fbem-27657	100	22	and	and	CCONJ
fbem-27657	100	23	weaken	weaken	VERB
fbem-27657	100	24	the	the	DET
fbem-27657	100	25	overall	overall	ADJ
fbem-27657	100	26	market	market	NOUN
fbem-27657	100	27	's	's	PART
fbem-27657	100	28	sense	sense	NOUN
fbem-27657	100	29	of	of	ADP
fbem-27657	100	30	environmental	environmental	ADJ
fbem-27657	100	31	responsibility	responsibility	NOUN
fbem-27657	100	32	.	.	PUNCT
fbem-27657	101	1	therefore	therefore	ADV
fbem-27657	101	2	,	,	PUNCT
fbem-27657	101	3	micro	micro	NOUN
fbem-27657	101	4	-	-	NOUN
fbem-27657	101	5	cap	cap	ADJ
fbem-27657	101	6	listed	list	VERB
fbem-27657	101	7	companies	company	NOUN
fbem-27657	101	8	should	should	AUX
fbem-27657	101	9	not	not	PART
fbem-27657	101	10	be	be	AUX
fbem-27657	101	11	directly	directly	ADV
fbem-27657	101	12	exempted	exempt	VERB
fbem-27657	101	13	from	from	ADP
fbem-27657	101	14	disclosure	disclosure	NOUN
fbem-27657	101	15	obligations	obligation	NOUN
fbem-27657	101	16	.	.	PUNCT
fbem-27657	102	1	this	this	DET
fbem-27657	102	2	article	article	NOUN
fbem-27657	102	3	suggests	suggest	VERB
fbem-27657	102	4	that	that	SCONJ
fbem-27657	102	5	phased	phase	VERB
fbem-27657	102	6	implementation	implementation	NOUN
fbem-27657	102	7	of	of	ADP
fbem-27657	102	8	esg	esg	PROPN
fbem-27657	102	9	environmental	environmental	ADJ
fbem-27657	102	10	information	information	NOUN
fbem-27657	102	11	disclosure	disclosure	NOUN
fbem-27657	102	12	requirements	requirement	NOUN
fbem-27657	102	13	could	could	AUX
fbem-27657	102	14	be	be	AUX
fbem-27657	102	15	considered	consider	VERB
fbem-27657	102	16	for	for	ADP
fbem-27657	102	17	micro	micro	ADJ
fbem-27657	102	18	-	-	NOUN
fbem-27657	102	19	cap	cap	ADJ
fbem-27657	102	20	listed	list	VERB
fbem-27657	102	21	companies	company	NOUN
fbem-27657	102	22	.	.	PUNCT
fbem-27657	103	1	for	for	ADP
fbem-27657	103	2	instance	instance	NOUN
fbem-27657	103	3	,	,	PUNCT
fbem-27657	103	4	during	during	ADP
fbem-27657	103	5	the	the	DET
fbem-27657	103	6	initial	initial	ADJ
fbem-27657	103	7	period	period	NOUN
fbem-27657	103	8	(	(	PUNCT
fbem-27657	103	9	the	the	DET
fbem-27657	103	10	first	first	ADJ
fbem-27657	103	11	two	two	NUM
fbem-27657	103	12	disclosure	disclosure	NOUN
fbem-27657	103	13	years	year	NOUN
fbem-27657	103	14	)	)	PUNCT
fbem-27657	103	15	,	,	PUNCT
fbem-27657	103	16	companies	company	NOUN
fbem-27657	103	17	could	could	AUX
fbem-27657	103	18	be	be	AUX
fbem-27657	103	19	granted	grant	VERB
fbem-27657	103	20	simplified	simplify	VERB
fbem-27657	103	21	environmental	environmental	ADJ
fbem-27657	103	22	disclosure	disclosure	NOUN
fbem-27657	103	23	requirements	requirement	NOUN
fbem-27657	103	24	,	,	PUNCT
fbem-27657	103	25	with	with	ADP
fbem-27657	103	26	the	the	DET
fbem-27657	103	27	primary	primary	ADJ
fbem-27657	103	28	goal	goal	NOUN
fbem-27657	103	29	of	of	ADP
fbem-27657	103	30	allowing	allow	VERB
fbem-27657	103	31	154	154	NUM
fbem-27657	103	32	them	they	PRON
fbem-27657	103	33	time	time	NOUN
fbem-27657	103	34	to	to	PART
fbem-27657	103	35	establish	establish	VERB
fbem-27657	103	36	internal	internal	ADJ
fbem-27657	103	37	esg	esg	PROPN
fbem-27657	103	38	management	management	NOUN
fbem-27657	103	39	systems	system	NOUN
fbem-27657	103	40	and	and	CCONJ
fbem-27657	103	41	reporting	reporting	NOUN
fbem-27657	103	42	mechanisms	mechanism	NOUN
fbem-27657	103	43	.	.	PUNCT
fbem-27657	104	1	during	during	ADP
fbem-27657	104	2	the	the	DET
fbem-27657	104	3	transition	transition	NOUN
fbem-27657	104	4	period	period	NOUN
fbem-27657	104	5	(	(	PUNCT
fbem-27657	104	6	the	the	DET
fbem-27657	104	7	3rd	3rd	NOUN
fbem-27657	104	8	to	to	ADP
fbem-27657	104	9	4th	4th	ADJ
fbem-27657	104	10	disclosure	disclosure	NOUN
fbem-27657	104	11	years	year	NOUN
fbem-27657	104	12	)	)	PUNCT
fbem-27657	104	13	,	,	PUNCT
fbem-27657	104	14	companies	company	NOUN
fbem-27657	104	15	should	should	AUX
fbem-27657	104	16	be	be	AUX
fbem-27657	104	17	required	require	VERB
fbem-27657	104	18	to	to	PART
fbem-27657	104	19	disclose	disclose	VERB
fbem-27657	104	20	more	more	ADJ
fbem-27657	104	21	environmental	environmental	ADJ
fbem-27657	104	22	indicators	indicator	NOUN
fbem-27657	104	23	,	,	PUNCT
fbem-27657	104	24	gradually	gradually	ADV
fbem-27657	104	25	enhancing	enhance	VERB
fbem-27657	104	26	their	their	PRON
fbem-27657	104	27	capability	capability	NOUN
fbem-27657	104	28	and	and	CCONJ
fbem-27657	104	29	awareness	awareness	NOUN
fbem-27657	104	30	of	of	ADP
fbem-27657	104	31	esg	esg	PROPN
fbem-27657	104	32	environmental	environmental	ADJ
fbem-27657	104	33	information	information	NOUN
fbem-27657	104	34	disclosure	disclosure	NOUN
fbem-27657	104	35	.	.	PUNCT
fbem-27657	105	1	ultimately	ultimately	ADV
fbem-27657	105	2	,	,	PUNCT
fbem-27657	105	3	in	in	ADP
fbem-27657	105	4	the	the	DET
fbem-27657	105	5	fifth	fifth	ADJ
fbem-27657	105	6	year	year	NOUN
fbem-27657	105	7	,	,	PUNCT
fbem-27657	105	8	a	a	DET
fbem-27657	105	9	comprehensive	comprehensive	ADJ
fbem-27657	105	10	implementation	implementation	NOUN
fbem-27657	105	11	phase	phase	NOUN
fbem-27657	105	12	should	should	AUX
fbem-27657	105	13	be	be	AUX
fbem-27657	105	14	achieved	achieve	VERB
fbem-27657	105	15	,	,	PUNCT
fbem-27657	105	16	requiring	require	VERB
fbem-27657	105	17	companies	company	NOUN
fbem-27657	105	18	to	to	PART
fbem-27657	105	19	fully	fully	ADV
fbem-27657	105	20	disclose	disclose	VERB
fbem-27657	105	21	all	all	DET
fbem-27657	105	22	relevant	relevant	ADJ
fbem-27657	105	23	environmental	environmental	ADJ
fbem-27657	105	24	information	information	NOUN
fbem-27657	105	25	.	.	PUNCT
fbem-27657	106	1	this	this	DET
fbem-27657	106	2	approach	approach	NOUN
fbem-27657	106	3	can	can	AUX
fbem-27657	106	4	effectively	effectively	ADV
fbem-27657	106	5	reduce	reduce	VERB
fbem-27657	106	6	compliance	compliance	NOUN
fbem-27657	106	7	pressure	pressure	NOUN
fbem-27657	106	8	on	on	ADP
fbem-27657	106	9	micro	micro	ADJ
fbem-27657	106	10	-	-	NOUN
fbem-27657	106	11	cap	cap	ADJ
fbem-27657	106	12	listed	list	VERB
fbem-27657	106	13	companies	company	NOUN
fbem-27657	106	14	in	in	ADP
fbem-27657	106	15	the	the	DET
fbem-27657	106	16	early	early	ADJ
fbem-27657	106	17	stages	stage	NOUN
fbem-27657	106	18	while	while	SCONJ
fbem-27657	106	19	progressively	progressively	ADV
fbem-27657	106	20	improving	improve	VERB
fbem-27657	106	21	their	their	PRON
fbem-27657	106	22	esg	esg	PROPN
fbem-27657	106	23	environmental	environmental	ADJ
fbem-27657	106	24	information	information	NOUN
fbem-27657	106	25	disclosure	disclosure	NOUN
fbem-27657	106	26	capabilities	capability	NOUN
fbem-27657	106	27	,	,	PUNCT
fbem-27657	106	28	ensuring	ensure	VERB
fbem-27657	106	29	comprehensive	comprehensive	ADJ
fbem-27657	106	30	and	and	CCONJ
fbem-27657	106	31	transparent	transparent	ADJ
fbem-27657	106	32	environmental	environmental	ADJ
fbem-27657	106	33	information	information	NOUN
fbem-27657	106	34	disclosure	disclosure	NOUN
fbem-27657	106	35	in	in	ADP
fbem-27657	106	36	the	the	DET
fbem-27657	106	37	long	long	ADJ
fbem-27657	106	38	run	run	NOUN
fbem-27657	106	39	.	.	PUNCT
fbem-27657	107	1	4.2.2	4.2.2	X
fbem-27657	107	2	.	.	PUNCT
fbem-27657	107	3	compliance	compliance	NOUN
fbem-27657	107	4	incentive	incentive	NOUN
fbem-27657	107	5	system	system	NOUN
fbem-27657	107	6	to	to	PART
fbem-27657	107	7	establish	establish	VERB
fbem-27657	107	8	an	an	DET
fbem-27657	107	9	incentive	incentive	NOUN
fbem-27657	107	10	system	system	NOUN
fbem-27657	107	11	for	for	ADP
fbem-27657	107	12	compliance	compliance	NOUN
fbem-27657	107	13	with	with	ADP
fbem-27657	107	14	environmental	environmental	ADJ
fbem-27657	107	15	information	information	NOUN
fbem-27657	107	16	disclosure	disclosure	NOUN
fbem-27657	107	17	,	,	PUNCT
fbem-27657	107	18	companies	company	NOUN
fbem-27657	107	19	that	that	SCONJ
fbem-27657	107	20	proactively	proactively	ADV
fbem-27657	107	21	,	,	PUNCT
fbem-27657	107	22	compliantly	compliantly	ADV
fbem-27657	107	23	,	,	PUNCT
fbem-27657	107	24	and	and	CCONJ
fbem-27657	107	25	truthfully	truthfully	ADV
fbem-27657	107	26	disclose	disclose	VERB
fbem-27657	107	27	environmental	environmental	ADJ
fbem-27657	107	28	information	information	NOUN
fbem-27657	107	29	should	should	AUX
fbem-27657	107	30	be	be	AUX
fbem-27657	107	31	given	give	VERB
fbem-27657	107	32	certain	certain	ADJ
fbem-27657	107	33	preferential	preferential	ADJ
fbem-27657	107	34	measures	measure	NOUN
fbem-27657	107	35	.	.	PUNCT
fbem-27657	108	1	these	these	PRON
fbem-27657	108	2	can	can	AUX
fbem-27657	108	3	include	include	VERB
fbem-27657	108	4	reducing	reduce	VERB
fbem-27657	108	5	other	other	ADJ
fbem-27657	108	6	environmental	environmental	ADJ
fbem-27657	108	7	penalties	penalty	NOUN
fbem-27657	108	8	,	,	PUNCT
fbem-27657	108	9	shortening	shorten	VERB
fbem-27657	108	10	rectification	rectification	NOUN
fbem-27657	108	11	periods	period	NOUN
fbem-27657	108	12	,	,	PUNCT
fbem-27657	108	13	or	or	CCONJ
fbem-27657	108	14	awarding	award	VERB
fbem-27657	108	15	commendations	commendation	NOUN
fbem-27657	108	16	and	and	CCONJ
fbem-27657	108	17	honorary	honorary	ADJ
fbem-27657	108	18	titles	title	NOUN
fbem-27657	108	19	.	.	PUNCT
fbem-27657	109	1	specifically	specifically	ADV
fbem-27657	109	2	,	,	PUNCT
fbem-27657	109	3	reducing	reduce	VERB
fbem-27657	109	4	other	other	ADJ
fbem-27657	109	5	environmental	environmental	ADJ
fbem-27657	109	6	penalties	penalty	NOUN
fbem-27657	109	7	can	can	AUX
fbem-27657	109	8	manifest	manifest	VERB
fbem-27657	109	9	in	in	ADP
fbem-27657	109	10	reduced	reduce	VERB
fbem-27657	109	11	fines	fine	NOUN
fbem-27657	109	12	and	and	CCONJ
fbem-27657	109	13	shortened	shorten	VERB
fbem-27657	109	14	production	production	NOUN
fbem-27657	109	15	suspension	suspension	NOUN
fbem-27657	109	16	periods	period	NOUN
fbem-27657	109	17	.	.	PUNCT
fbem-27657	110	1	for	for	ADP
fbem-27657	110	2	instance	instance	NOUN
fbem-27657	110	3	,	,	PUNCT
fbem-27657	110	4	for	for	ADP
fbem-27657	110	5	companies	company	NOUN
fbem-27657	110	6	that	that	PRON
fbem-27657	110	7	perform	perform	VERB
fbem-27657	110	8	well	well	ADV
fbem-27657	110	9	in	in	ADP
fbem-27657	110	10	environmental	environmental	ADJ
fbem-27657	110	11	compliance	compliance	NOUN
fbem-27657	110	12	,	,	PUNCT
fbem-27657	110	13	environmental	environmental	ADJ
fbem-27657	110	14	authorities	authority	NOUN
fbem-27657	110	15	may	may	AUX
fbem-27657	110	16	consider	consider	VERB
fbem-27657	110	17	reducing	reduce	VERB
fbem-27657	110	18	fines	fine	NOUN
fbem-27657	110	19	for	for	ADP
fbem-27657	110	20	minor	minor	ADJ
fbem-27657	110	21	environmental	environmental	ADJ
fbem-27657	110	22	violations	violation	NOUN
fbem-27657	110	23	or	or	CCONJ
fbem-27657	110	24	shortening	shorten	VERB
fbem-27657	110	25	the	the	DET
fbem-27657	110	26	production	production	NOUN
fbem-27657	110	27	suspension	suspension	NOUN
fbem-27657	110	28	period	period	NOUN
fbem-27657	110	29	,	,	PUNCT
fbem-27657	110	30	provided	provide	VERB
fbem-27657	110	31	that	that	DET
fbem-27657	110	32	rectification	rectification	NOUN
fbem-27657	110	33	is	be	AUX
fbem-27657	110	34	effective	effective	ADJ
fbem-27657	110	35	,	,	PUNCT
fbem-27657	110	36	thereby	thereby	ADV
fbem-27657	110	37	reducing	reduce	VERB
fbem-27657	110	38	the	the	DET
fbem-27657	110	39	economic	economic	ADJ
fbem-27657	110	40	losses	loss	NOUN
fbem-27657	110	41	caused	cause	VERB
fbem-27657	110	42	by	by	ADP
fbem-27657	110	43	production	production	NOUN
fbem-27657	110	44	stoppages	stoppage	NOUN
fbem-27657	110	45	.	.	PUNCT
fbem-27657	111	1	additionally	additionally	ADV
fbem-27657	111	2	,	,	PUNCT
fbem-27657	111	3	these	these	DET
fbem-27657	111	4	companies	company	NOUN
fbem-27657	111	5	can	can	AUX
fbem-27657	111	6	receive	receive	VERB
fbem-27657	111	7	preferential	preferential	ADJ
fbem-27657	111	8	treatment	treatment	NOUN
fbem-27657	111	9	and	and	CCONJ
fbem-27657	111	10	convenience	convenience	NOUN
fbem-27657	111	11	in	in	ADP
fbem-27657	111	12	environmental	environmental	ADJ
fbem-27657	111	13	project	project	NOUN
fbem-27657	111	14	approvals	approval	NOUN
fbem-27657	111	15	and	and	CCONJ
fbem-27657	111	16	green	green	ADJ
fbem-27657	111	17	financial	financial	ADJ
fbem-27657	111	18	services	service	NOUN
fbem-27657	111	19	,	,	PUNCT
fbem-27657	111	20	further	far	ADV
fbem-27657	111	21	encouraging	encourage	VERB
fbem-27657	111	22	continuous	continuous	ADJ
fbem-27657	111	23	improvement	improvement	NOUN
fbem-27657	111	24	in	in	ADP
fbem-27657	111	25	environmental	environmental	ADJ
fbem-27657	111	26	compliance	compliance	NOUN
fbem-27657	111	27	.	.	PUNCT
fbem-27657	112	1	furthermore	furthermore	ADV
fbem-27657	112	2	,	,	PUNCT
fbem-27657	112	3	awarding	award	VERB
fbem-27657	112	4	commendations	commendation	NOUN
fbem-27657	112	5	and	and	CCONJ
fbem-27657	112	6	honorary	honorary	ADJ
fbem-27657	112	7	titles	title	NOUN
fbem-27657	112	8	can	can	AUX
fbem-27657	112	9	not	not	PART
fbem-27657	112	10	only	only	ADV
fbem-27657	112	11	enhance	enhance	VERB
fbem-27657	112	12	the	the	DET
fbem-27657	112	13	company	company	NOUN
fbem-27657	112	14	's	's	PART
fbem-27657	112	15	social	social	ADJ
fbem-27657	112	16	reputation	reputation	NOUN
fbem-27657	112	17	but	but	CCONJ
fbem-27657	112	18	also	also	ADV
fbem-27657	112	19	boost	boost	VERB
fbem-27657	112	20	its	its	PRON
fbem-27657	112	21	market	market	NOUN
fbem-27657	112	22	competitiveness	competitiveness	NOUN
fbem-27657	112	23	.	.	PUNCT
fbem-27657	113	1	for	for	ADP
fbem-27657	113	2	example	example	NOUN
fbem-27657	113	3	,	,	PUNCT
fbem-27657	113	4	a	a	DET
fbem-27657	113	5	"	"	PUNCT
fbem-27657	113	6	green	green	ADJ
fbem-27657	113	7	pioneer	pioneer	NOUN
fbem-27657	113	8	enterprise	enterprise	NOUN
fbem-27657	113	9	"	"	PUNCT
fbem-27657	113	10	selection	selection	NOUN
fbem-27657	113	11	activity	activity	NOUN
fbem-27657	113	12	can	can	AUX
fbem-27657	113	13	be	be	AUX
fbem-27657	113	14	established	establish	VERB
fbem-27657	113	15	,	,	PUNCT
fbem-27657	113	16	including	include	VERB
fbem-27657	113	17	but	but	CCONJ
fbem-27657	113	18	not	not	PART
fbem-27657	113	19	limited	limit	VERB
fbem-27657	113	20	to	to	ADP
fbem-27657	113	21	listed	list	VERB
fbem-27657	113	22	companies	company	NOUN
fbem-27657	113	23	and	and	CCONJ
fbem-27657	113	24	other	other	ADJ
fbem-27657	113	25	large	large	ADJ
fbem-27657	113	26	non	non	ADJ
fbem-27657	113	27	-	-	ADJ
fbem-27657	113	28	listed	list	VERB
fbem-27657	113	29	enterprises	enterprise	NOUN
fbem-27657	113	30	.	.	PUNCT
fbem-27657	114	1	companies	company	NOUN
fbem-27657	114	2	that	that	PRON
fbem-27657	114	3	comprehensively	comprehensively	ADV
fbem-27657	114	4	and	and	CCONJ
fbem-27657	114	5	truthfully	truthfully	ADV
fbem-27657	114	6	disclose	disclose	VERB
fbem-27657	114	7	environmental	environmental	ADJ
fbem-27657	114	8	information	information	NOUN
fbem-27657	114	9	and	and	CCONJ
fbem-27657	114	10	actively	actively	ADV
fbem-27657	114	11	participate	participate	VERB
fbem-27657	114	12	in	in	ADP
fbem-27657	114	13	environmental	environmental	ADJ
fbem-27657	114	14	protection	protection	NOUN
fbem-27657	114	15	actions	action	NOUN
fbem-27657	114	16	can	can	AUX
fbem-27657	114	17	be	be	AUX
fbem-27657	114	18	commended	commend	VERB
fbem-27657	114	19	.	.	PUNCT
fbem-27657	115	1	such	such	ADJ
fbem-27657	115	2	honorary	honorary	ADJ
fbem-27657	115	3	titles	title	NOUN
fbem-27657	115	4	can	can	AUX
fbem-27657	115	5	motivate	motivate	VERB
fbem-27657	115	6	more	more	ADJ
fbem-27657	115	7	companies	company	NOUN
fbem-27657	115	8	to	to	PART
fbem-27657	115	9	actively	actively	ADV
fbem-27657	115	10	engage	engage	VERB
fbem-27657	115	11	in	in	ADP
fbem-27657	115	12	environmental	environmental	ADJ
fbem-27657	115	13	information	information	NOUN
fbem-27657	115	14	disclosure	disclosure	NOUN
fbem-27657	115	15	and	and	CCONJ
fbem-27657	115	16	,	,	PUNCT
fbem-27657	115	17	by	by	ADP
fbem-27657	115	18	setting	set	VERB
fbem-27657	115	19	excellent	excellent	ADJ
fbem-27657	115	20	examples	example	NOUN
fbem-27657	115	21	,	,	PUNCT
fbem-27657	115	22	guide	guide	VERB
fbem-27657	115	23	the	the	DET
fbem-27657	115	24	entire	entire	ADJ
fbem-27657	115	25	industry	industry	NOUN
fbem-27657	115	26	towards	towards	ADP
fbem-27657	115	27	a	a	DET
fbem-27657	115	28	greener	green	ADJ
fbem-27657	115	29	and	and	CCONJ
fbem-27657	115	30	more	more	ADV
fbem-27657	115	31	sustainable	sustainable	ADJ
fbem-27657	115	32	direction	direction	NOUN
fbem-27657	115	33	.	.	PUNCT
fbem-27657	116	1	4.2.3	4.2.3	X
fbem-27657	116	2	.	.	PUNCT
fbem-27657	117	1	green	green	ADJ
fbem-27657	117	2	compliance	compliance	NOUN
fbem-27657	117	3	culture	culture	NOUN
fbem-27657	117	4	to	to	PART
fbem-27657	117	5	more	more	ADV
fbem-27657	117	6	comprehensively	comprehensively	ADV
fbem-27657	117	7	address	address	VERB
fbem-27657	117	8	the	the	DET
fbem-27657	117	9	passivity	passivity	NOUN
fbem-27657	117	10	and	and	CCONJ
fbem-27657	117	11	deterrence	deterrence	NOUN
fbem-27657	117	12	of	of	ADP
fbem-27657	117	13	mandatory	mandatory	ADJ
fbem-27657	117	14	environmental	environmental	ADJ
fbem-27657	117	15	information	information	NOUN
fbem-27657	117	16	disclosure	disclosure	NOUN
fbem-27657	117	17	,	,	PUNCT
fbem-27657	117	18	society	society	NOUN
fbem-27657	117	19	and	and	CCONJ
fbem-27657	117	20	companies	company	NOUN
fbem-27657	117	21	must	must	AUX
fbem-27657	117	22	work	work	VERB
fbem-27657	117	23	together	together	ADV
fbem-27657	117	24	to	to	PART
fbem-27657	117	25	create	create	VERB
fbem-27657	117	26	a	a	DET
fbem-27657	117	27	"	"	PUNCT
fbem-27657	117	28	soft	soft	ADJ
fbem-27657	117	29	law	law	NOUN
fbem-27657	117	30	system	system	NOUN
fbem-27657	117	31	"	"	PUNCT
fbem-27657	117	32	of	of	ADP
fbem-27657	117	33	environmental	environmental	ADJ
fbem-27657	117	34	responsibility	responsibility	NOUN
fbem-27657	117	35	.	.	PUNCT
fbem-27657	118	1	from	from	ADP
fbem-27657	118	2	a	a	DET
fbem-27657	118	3	societal	societal	ADJ
fbem-27657	118	4	perspective	perspective	NOUN
fbem-27657	118	5	,	,	PUNCT
fbem-27657	118	6	a	a	DET
fbem-27657	118	7	robust	robust	ADJ
fbem-27657	118	8	public	public	ADJ
fbem-27657	118	9	environmental	environmental	ADJ
fbem-27657	118	10	supervision	supervision	NOUN
fbem-27657	118	11	mechanism	mechanism	NOUN
fbem-27657	118	12	should	should	AUX
fbem-27657	118	13	be	be	AUX
fbem-27657	118	14	established	establish	VERB
fbem-27657	118	15	.	.	PUNCT
fbem-27657	119	1	utilizing	utilize	VERB
fbem-27657	119	2	the	the	DET
fbem-27657	119	3	power	power	NOUN
fbem-27657	119	4	of	of	ADP
fbem-27657	119	5	public	public	ADJ
fbem-27657	119	6	supervision	supervision	NOUN
fbem-27657	119	7	can	can	AUX
fbem-27657	119	8	create	create	VERB
fbem-27657	119	9	social	social	ADJ
fbem-27657	119	10	pressure	pressure	NOUN
fbem-27657	119	11	for	for	ADP
fbem-27657	119	12	environmental	environmental	ADJ
fbem-27657	119	13	protection	protection	NOUN
fbem-27657	119	14	,	,	PUNCT
fbem-27657	119	15	promoting	promote	VERB
fbem-27657	119	16	transparency	transparency	NOUN
fbem-27657	119	17	and	and	CCONJ
fbem-27657	119	18	authenticity	authenticity	NOUN
fbem-27657	119	19	in	in	ADP
fbem-27657	119	20	corporate	corporate	ADJ
fbem-27657	119	21	environmental	environmental	ADJ
fbem-27657	119	22	information	information	NOUN
fbem-27657	119	23	disclosure	disclosure	NOUN
fbem-27657	119	24	.	.	PUNCT
fbem-27657	120	1	social	social	ADJ
fbem-27657	120	2	norms	norm	NOUN
fbem-27657	120	3	and	and	CCONJ
fbem-27657	120	4	public	public	ADJ
fbem-27657	120	5	pressure	pressure	NOUN
fbem-27657	120	6	can	can	AUX
fbem-27657	120	7	motivate	motivate	VERB
fbem-27657	120	8	companies	company	NOUN
fbem-27657	120	9	to	to	AUX
fbem-27657	120	10	self	self	NOUN
fbem-27657	120	11	-	-	PUNCT
fbem-27657	120	12	regulate	regulate	VERB
fbem-27657	120	13	their	their	PRON
fbem-27657	120	14	environmental	environmental	ADJ
fbem-27657	120	15	protection	protection	NOUN
fbem-27657	120	16	behaviors	behavior	NOUN
fbem-27657	120	17	,	,	PUNCT
fbem-27657	120	18	fostering	foster	VERB
fbem-27657	120	19	a	a	DET
fbem-27657	120	20	green	green	ADJ
fbem-27657	120	21	-	-	PUNCT
fbem-27657	120	22	first	first	ADJ
fbem-27657	120	23	social	social	ADJ
fbem-27657	120	24	atmosphere	atmosphere	NOUN
fbem-27657	120	25	.	.	PUNCT
fbem-27657	121	1	from	from	ADP
fbem-27657	121	2	a	a	DET
fbem-27657	121	3	corporate	corporate	ADJ
fbem-27657	121	4	perspective	perspective	NOUN
fbem-27657	121	5	,	,	PUNCT
fbem-27657	121	6	an	an	DET
fbem-27657	121	7	environmental	environmental	ADJ
fbem-27657	121	8	compliance	compliance	NOUN
fbem-27657	121	9	commitment	commitment	NOUN
fbem-27657	121	10	system	system	NOUN
fbem-27657	121	11	should	should	AUX
fbem-27657	121	12	be	be	AUX
fbem-27657	121	13	established	establish	VERB
fbem-27657	121	14	.	.	PUNCT
fbem-27657	122	1	for	for	ADP
fbem-27657	122	2	key	key	ADJ
fbem-27657	122	3	personnel	personnel	NOUN
fbem-27657	122	4	,	,	PUNCT
fbem-27657	122	5	key	key	ADJ
fbem-27657	122	6	positions	position	NOUN
fbem-27657	122	7	,	,	PUNCT
fbem-27657	122	8	and	and	CCONJ
fbem-27657	122	9	key	key	ADJ
fbem-27657	122	10	nodes	node	NOUN
fbem-27657	122	11	,	,	PUNCT
fbem-27657	122	12	the	the	DET
fbem-27657	122	13	promotion	promotion	NOUN
fbem-27657	122	14	and	and	CCONJ
fbem-27657	122	15	training	training	NOUN
fbem-27657	122	16	of	of	ADP
fbem-27657	122	17	environmental	environmental	ADJ
fbem-27657	122	18	information	information	NOUN
fbem-27657	122	19	disclosure	disclosure	NOUN
fbem-27657	122	20	should	should	AUX
fbem-27657	122	21	be	be	AUX
fbem-27657	122	22	strengthened	strengthen	VERB
fbem-27657	122	23	to	to	PART
fbem-27657	122	24	form	form	VERB
fbem-27657	122	25	a	a	DET
fbem-27657	122	26	widespread	widespread	ADJ
fbem-27657	122	27	green	green	ADJ
fbem-27657	122	28	compliance	compliance	NOUN
fbem-27657	122	29	culture	culture	NOUN
fbem-27657	122	30	.	.	PUNCT
fbem-27657	123	1	furthermore	furthermore	ADV
fbem-27657	123	2	,	,	PUNCT
fbem-27657	123	3	companies	company	NOUN
fbem-27657	123	4	should	should	AUX
fbem-27657	123	5	require	require	VERB
fbem-27657	123	6	all	all	DET
fbem-27657	123	7	employees	employee	NOUN
fbem-27657	123	8	to	to	PART
fbem-27657	123	9	sign	sign	VERB
fbem-27657	123	10	"	"	PUNCT
fbem-27657	123	11	green	green	ADJ
fbem-27657	123	12	commitment	commitment	NOUN
fbem-27657	123	13	letters	letter	NOUN
fbem-27657	123	14	,	,	PUNCT
fbem-27657	123	15	"	"	PUNCT
fbem-27657	123	16	regularly	regularly	ADV
fbem-27657	123	17	submit	submit	VERB
fbem-27657	123	18	"	"	PUNCT
fbem-27657	123	19	green	green	ADJ
fbem-27657	123	20	performance	performance	NOUN
fbem-27657	123	21	reports	report	NOUN
fbem-27657	123	22	,	,	PUNCT
fbem-27657	123	23	"	"	PUNCT
fbem-27657	123	24	and	and	CCONJ
fbem-27657	123	25	include	include	VERB
fbem-27657	123	26	"	"	PUNCT
fbem-27657	123	27	green	green	ADJ
fbem-27657	123	28	reports	report	NOUN
fbem-27657	123	29	"	"	PUNCT
fbem-27657	123	30	in	in	ADP
fbem-27657	123	31	environmental	environmental	ADJ
fbem-27657	123	32	information	information	NOUN
fbem-27657	123	33	disclosure	disclosure	NOUN
fbem-27657	123	34	every	every	DET
fbem-27657	123	35	other	other	ADJ
fbem-27657	123	36	year	year	NOUN
fbem-27657	123	37	to	to	PART
fbem-27657	123	38	ensure	ensure	VERB
fbem-27657	123	39	the	the	DET
fbem-27657	123	40	integrity	integrity	NOUN
fbem-27657	123	41	of	of	ADP
fbem-27657	123	42	the	the	DET
fbem-27657	123	43	green	green	ADJ
fbem-27657	123	44	compliance	compliance	NOUN
fbem-27657	123	45	culture	culture	NOUN
fbem-27657	123	46	.	.	PUNCT
fbem-27657	124	1	5	5	X
fbem-27657	124	2	.	.	X
fbem-27657	124	3	conclusion	conclusion	NOUN
fbem-27657	124	4	this	this	DET
fbem-27657	124	5	study	study	NOUN
fbem-27657	124	6	primarily	primarily	ADV
fbem-27657	124	7	identifies	identify	VERB
fbem-27657	124	8	and	and	CCONJ
fbem-27657	124	9	demonstrates	demonstrate	VERB
fbem-27657	124	10	the	the	DET
fbem-27657	124	11	necessity	necessity	NOUN
fbem-27657	124	12	and	and	CCONJ
fbem-27657	124	13	legitimacy	legitimacy	NOUN
fbem-27657	124	14	of	of	ADP
fbem-27657	124	15	mandatory	mandatory	ADJ
fbem-27657	124	16	environmental	environmental	ADJ
fbem-27657	124	17	information	information	NOUN
fbem-27657	124	18	disclosure	disclosure	NOUN
fbem-27657	124	19	among	among	ADP
fbem-27657	124	20	listed	list	VERB
fbem-27657	124	21	companies	company	NOUN
fbem-27657	124	22	in	in	ADP
fbem-27657	124	23	china	china	PROPN
fbem-27657	124	24	.	.	PUNCT
fbem-27657	125	1	by	by	ADP
fbem-27657	125	2	thoroughly	thoroughly	ADV
fbem-27657	125	3	analyzing	analyze	VERB
fbem-27657	125	4	the	the	DET
fbem-27657	125	5	current	current	ADJ
fbem-27657	125	6	status	status	NOUN
fbem-27657	125	7	and	and	CCONJ
fbem-27657	125	8	challenges	challenge	NOUN
fbem-27657	125	9	of	of	ADP
fbem-27657	125	10	esg	esg	PROPN
fbem-27657	125	11	environmental	environmental	ADJ
fbem-27657	125	12	information	information	NOUN
fbem-27657	125	13	disclosure	disclosure	NOUN
fbem-27657	125	14	in	in	ADP
fbem-27657	125	15	china	china	PROPN
fbem-27657	125	16	,	,	PUNCT
fbem-27657	125	17	this	this	DET
fbem-27657	125	18	paper	paper	NOUN
fbem-27657	125	19	finds	find	VERB
fbem-27657	125	20	that	that	SCONJ
fbem-27657	125	21	despite	despite	SCONJ
fbem-27657	125	22	some	some	DET
fbem-27657	125	23	progress	progress	NOUN
fbem-27657	125	24	,	,	PUNCT
fbem-27657	125	25	the	the	DET
fbem-27657	125	26	limited	limited	ADJ
fbem-27657	125	27	scope	scope	NOUN
fbem-27657	125	28	of	of	ADP
fbem-27657	125	29	disclosure	disclosure	NOUN
fbem-27657	125	30	subjects	subject	NOUN
fbem-27657	125	31	and	and	CCONJ
fbem-27657	125	32	lack	lack	NOUN
fbem-27657	125	33	of	of	ADP
fbem-27657	125	34	unified	unify	VERB
fbem-27657	125	35	standards	standard	NOUN
fbem-27657	125	36	have	have	AUX
fbem-27657	125	37	resulted	result	VERB
fbem-27657	125	38	in	in	ADP
fbem-27657	125	39	poor	poor	ADJ
fbem-27657	125	40	quality	quality	NOUN
fbem-27657	125	41	and	and	CCONJ
fbem-27657	125	42	effectiveness	effectiveness	NOUN
fbem-27657	125	43	of	of	ADP
fbem-27657	125	44	information	information	NOUN
fbem-27657	125	45	disclosure	disclosure	NOUN
fbem-27657	125	46	.	.	PUNCT
fbem-27657	126	1	this	this	DET
fbem-27657	126	2	paper	paper	NOUN
fbem-27657	126	3	suggests	suggest	VERB
fbem-27657	126	4	that	that	SCONJ
fbem-27657	126	5	comprehensive	comprehensive	ADJ
fbem-27657	126	6	mandatory	mandatory	ADJ
fbem-27657	126	7	environmental	environmental	ADJ
fbem-27657	126	8	information	information	NOUN
fbem-27657	126	9	disclosure	disclosure	NOUN
fbem-27657	126	10	can	can	AUX
fbem-27657	126	11	enhance	enhance	VERB
fbem-27657	126	12	corporate	corporate	ADJ
fbem-27657	126	13	transparency	transparency	NOUN
fbem-27657	126	14	and	and	CCONJ
fbem-27657	126	15	investor	investor	NOUN
fbem-27657	126	16	confidence	confidence	NOUN
fbem-27657	126	17	,	,	PUNCT
fbem-27657	126	18	effectively	effectively	ADV
fbem-27657	126	19	prevent	prevent	VERB
fbem-27657	126	20	"	"	PUNCT
fbem-27657	126	21	greenwashing	greenwashing	NOUN
fbem-27657	126	22	"	"	PUNCT
fbem-27657	126	23	and	and	CCONJ
fbem-27657	126	24	"	"	PUNCT
fbem-27657	126	25	carbon	carbon	NOUN
fbem-27657	126	26	washing	washing	NOUN
fbem-27657	126	27	"	"	PUNCT
fbem-27657	126	28	behaviors	behavior	NOUN
fbem-27657	126	29	,	,	PUNCT
fbem-27657	126	30	and	and	CCONJ
fbem-27657	126	31	reduce	reduce	VERB
fbem-27657	126	32	legal	legal	ADJ
fbem-27657	126	33	and	and	CCONJ
fbem-27657	126	34	reputational	reputational	ADJ
fbem-27657	126	35	risks	risk	NOUN
fbem-27657	126	36	for	for	ADP
fbem-27657	126	37	companies	company	NOUN
fbem-27657	126	38	.	.	PUNCT
fbem-27657	127	1	this	this	DET
fbem-27657	127	2	study	study	NOUN
fbem-27657	127	3	fills	fill	VERB
fbem-27657	127	4	a	a	DET
fbem-27657	127	5	gap	gap	NOUN
fbem-27657	127	6	in	in	ADP
fbem-27657	127	7	the	the	DET
fbem-27657	127	8	existing	exist	VERB
fbem-27657	127	9	literature	literature	NOUN
fbem-27657	127	10	on	on	ADP
fbem-27657	127	11	the	the	DET
fbem-27657	127	12	necessity	necessity	NOUN
fbem-27657	127	13	of	of	ADP
fbem-27657	127	14	a	a	DET
fbem-27657	127	15	mandatory	mandatory	ADJ
fbem-27657	127	16	environmental	environmental	ADJ
fbem-27657	127	17	information	information	NOUN
fbem-27657	127	18	disclosure	disclosure	NOUN
fbem-27657	127	19	system	system	NOUN
fbem-27657	127	20	in	in	ADP
fbem-27657	127	21	china	china	PROPN
fbem-27657	127	22	,	,	PUNCT
fbem-27657	127	23	emphasizing	emphasize	VERB
fbem-27657	127	24	the	the	DET
fbem-27657	127	25	core	core	NOUN
fbem-27657	127	26	position	position	NOUN
fbem-27657	127	27	of	of	ADP
fbem-27657	127	28	environmental	environmental	ADJ
fbem-27657	127	29	information	information	NOUN
fbem-27657	127	30	within	within	ADP
fbem-27657	127	31	the	the	DET
fbem-27657	127	32	esg	esg	NOUN
fbem-27657	127	33	framework	framework	NOUN
fbem-27657	127	34	.	.	PUNCT
fbem-27657	128	1	by	by	ADP
fbem-27657	128	2	discussing	discuss	VERB
fbem-27657	128	3	the	the	DET
fbem-27657	128	4	importance	importance	NOUN
fbem-27657	128	5	of	of	ADP
fbem-27657	128	6	mandatory	mandatory	ADJ
fbem-27657	128	7	disclosure	disclosure	NOUN
fbem-27657	128	8	from	from	ADP
fbem-27657	128	9	the	the	DET
fbem-27657	128	10	perspective	perspective	NOUN
fbem-27657	128	11	of	of	ADP
fbem-27657	128	12	corporate	corporate	ADJ
fbem-27657	128	13	compliance	compliance	NOUN
fbem-27657	128	14	,	,	PUNCT
fbem-27657	128	15	it	it	PRON
fbem-27657	128	16	provides	provide	VERB
fbem-27657	128	17	unique	unique	ADJ
fbem-27657	128	18	insights	insight	NOUN
fbem-27657	128	19	and	and	CCONJ
fbem-27657	128	20	theoretical	theoretical	ADJ
fbem-27657	128	21	support	support	NOUN
fbem-27657	128	22	.	.	PUNCT
fbem-27657	129	1	to	to	PART
fbem-27657	129	2	achieve	achieve	VERB
fbem-27657	129	3	effective	effective	ADJ
fbem-27657	129	4	environmental	environmental	ADJ
fbem-27657	129	5	information	information	NOUN
fbem-27657	129	6	disclosure	disclosure	NOUN
fbem-27657	129	7	,	,	PUNCT
fbem-27657	129	8	this	this	DET
fbem-27657	129	9	paper	paper	NOUN
fbem-27657	129	10	recommends	recommend	VERB
fbem-27657	129	11	developing	develop	VERB
fbem-27657	129	12	unified	unified	ADJ
fbem-27657	129	13	disclosure	disclosure	NOUN
fbem-27657	129	14	format	format	NOUN
fbem-27657	129	15	guidelines	guideline	NOUN
fbem-27657	129	16	to	to	PART
fbem-27657	129	17	ensure	ensure	VERB
fbem-27657	129	18	standardization	standardization	NOUN
fbem-27657	129	19	and	and	CCONJ
fbem-27657	129	20	comparability	comparability	NOUN
fbem-27657	129	21	of	of	ADP
fbem-27657	129	22	information	information	NOUN
fbem-27657	129	23	.	.	PUNCT
fbem-27657	130	1	additionally	additionally	ADV
fbem-27657	130	2	,	,	PUNCT
fbem-27657	130	3	establishing	establish	VERB
fbem-27657	130	4	an	an	DET
fbem-27657	130	5	environmental	environmental	ADJ
fbem-27657	130	6	information	information	NOUN
fbem-27657	130	7	disclosure	disclosure	NOUN
fbem-27657	130	8	compliance	compliance	NOUN
fbem-27657	130	9	incentive	incentive	NOUN
fbem-27657	130	10	system	system	NOUN
fbem-27657	130	11	with	with	ADP
fbem-27657	130	12	measures	measure	NOUN
fbem-27657	130	13	such	such	ADJ
fbem-27657	130	14	as	as	ADP
fbem-27657	130	15	reducing	reduce	VERB
fbem-27657	130	16	other	other	ADJ
fbem-27657	130	17	environmental	environmental	ADJ
fbem-27657	130	18	penalties	penalty	NOUN
fbem-27657	130	19	and	and	CCONJ
fbem-27657	130	20	granting	grant	VERB
fbem-27657	130	21	honorary	honorary	ADJ
fbem-27657	130	22	titles	title	NOUN
fbem-27657	130	23	can	can	AUX
fbem-27657	130	24	motivate	motivate	VERB
fbem-27657	130	25	companies	company	NOUN
fbem-27657	130	26	to	to	PART
fbem-27657	130	27	proactively	proactively	ADV
fbem-27657	130	28	comply	comply	VERB
fbem-27657	130	29	with	with	ADP
fbem-27657	130	30	disclosure	disclosure	NOUN
fbem-27657	130	31	requirements	requirement	NOUN
fbem-27657	130	32	.	.	PUNCT
fbem-27657	131	1	society	society	NOUN
fbem-27657	131	2	and	and	CCONJ
fbem-27657	131	3	companies	company	NOUN
fbem-27657	131	4	should	should	AUX
fbem-27657	131	5	work	work	VERB
fbem-27657	131	6	together	together	ADV
fbem-27657	131	7	to	to	PART
fbem-27657	131	8	create	create	VERB
fbem-27657	131	9	a	a	DET
fbem-27657	131	10	green	green	ADJ
fbem-27657	131	11	compliance	compliance	NOUN
fbem-27657	131	12	culture	culture	NOUN
fbem-27657	131	13	,	,	PUNCT
fbem-27657	131	14	forming	form	VERB
fbem-27657	131	15	a	a	DET
fbem-27657	131	16	green	green	ADJ
fbem-27657	131	17	-	-	PUNCT
fbem-27657	131	18	first	first	ADJ
fbem-27657	131	19	social	social	ADJ
fbem-27657	131	20	atmosphere	atmosphere	NOUN
fbem-27657	131	21	.	.	PUNCT
fbem-27657	132	1	specific	specific	ADJ
fbem-27657	132	2	measures	measure	NOUN
fbem-27657	132	3	include	include	VERB
fbem-27657	132	4	improving	improve	VERB
fbem-27657	132	5	public	public	ADJ
fbem-27657	132	6	environmental	environmental	ADJ
fbem-27657	132	7	supervision	supervision	NOUN
fbem-27657	132	8	mechanisms	mechanism	NOUN
fbem-27657	132	9	,	,	PUNCT
fbem-27657	132	10	promoting	promote	VERB
fbem-27657	132	11	corporate	corporate	ADJ
fbem-27657	132	12	self	self	NOUN
fbem-27657	132	13	-	-	PUNCT
fbem-27657	132	14	regulation	regulation	NOUN
fbem-27657	132	15	,	,	PUNCT
fbem-27657	132	16	and	and	CCONJ
fbem-27657	132	17	enhancing	enhance	VERB
fbem-27657	132	18	internal	internal	ADJ
fbem-27657	132	19	promotion	promotion	NOUN
fbem-27657	132	20	and	and	CCONJ
fbem-27657	132	21	training	training	NOUN
fbem-27657	132	22	on	on	ADP
fbem-27657	132	23	environmental	environmental	ADJ
fbem-27657	132	24	information	information	NOUN
fbem-27657	132	25	disclosure	disclosure	NOUN
fbem-27657	132	26	.	.	PUNCT
fbem-27657	133	1	although	although	SCONJ
fbem-27657	133	2	this	this	DET
fbem-27657	133	3	paper	paper	NOUN
fbem-27657	133	4	provides	provide	VERB
fbem-27657	133	5	detailed	detailed	ADJ
fbem-27657	133	6	theoretical	theoretical	ADJ
fbem-27657	133	7	and	and	CCONJ
fbem-27657	133	8	empirical	empirical	ADJ
fbem-27657	133	9	analyses	analysis	NOUN
fbem-27657	133	10	,	,	PUNCT
fbem-27657	133	11	it	it	PRON
fbem-27657	133	12	does	do	AUX
fbem-27657	133	13	not	not	PART
fbem-27657	133	14	cover	cover	VERB
fbem-27657	133	15	all	all	DET
fbem-27657	133	16	relevant	relevant	ADJ
fbem-27657	133	17	influencing	influence	VERB
fbem-27657	133	18	factors	factor	NOUN
fbem-27657	133	19	and	and	CCONJ
fbem-27657	133	20	details	detail	NOUN
fbem-27657	133	21	due	due	ADP
fbem-27657	133	22	to	to	ADP
fbem-27657	133	23	space	space	NOUN
fbem-27657	133	24	limitations	limitation	NOUN
fbem-27657	133	25	.	.	PUNCT
fbem-27657	134	1	furthermore	furthermore	ADV
fbem-27657	134	2	,	,	PUNCT
fbem-27657	134	3	the	the	DET
fbem-27657	134	4	discussion	discussion	NOUN
fbem-27657	134	5	is	be	AUX
fbem-27657	134	6	mainly	mainly	ADV
fbem-27657	134	7	from	from	ADP
fbem-27657	134	8	theoretical	theoretical	ADJ
fbem-27657	134	9	and	and	CCONJ
fbem-27657	134	10	policy	policy	NOUN
fbem-27657	134	11	perspectives	perspective	NOUN
fbem-27657	134	12	,	,	PUNCT
fbem-27657	134	13	lacking	lack	VERB
fbem-27657	134	14	specific	specific	ADJ
fbem-27657	134	15	analysis	analysis	NOUN
fbem-27657	134	16	of	of	ADP
fbem-27657	134	17	practical	practical	ADJ
fbem-27657	134	18	corporate	corporate	ADJ
fbem-27657	134	19	operations	operation	NOUN
fbem-27657	134	20	.	.	PUNCT
fbem-27657	135	1	future	future	ADJ
fbem-27657	135	2	research	research	NOUN
fbem-27657	135	3	can	can	AUX
fbem-27657	135	4	delve	delve	VERB
fbem-27657	135	5	deeper	deeply	ADV
fbem-27657	135	6	into	into	ADP
fbem-27657	135	7	internal	internal	ADJ
fbem-27657	135	8	corporate	corporate	ADJ
fbem-27657	135	9	operations	operation	NOUN
fbem-27657	135	10	to	to	PART
fbem-27657	135	11	explore	explore	VERB
fbem-27657	135	12	practical	practical	ADJ
fbem-27657	135	13	issues	issue	NOUN
fbem-27657	135	14	and	and	CCONJ
fbem-27657	135	15	solutions	solution	NOUN
fbem-27657	135	16	,	,	PUNCT
fbem-27657	135	17	and	and	CCONJ
fbem-27657	135	18	validate	validate	VERB
fbem-27657	135	19	the	the	DET
fbem-27657	135	20	effectiveness	effectiveness	NOUN
fbem-27657	135	21	of	of	ADP
fbem-27657	135	22	the	the	DET
fbem-27657	135	23	policy	policy	NOUN
fbem-27657	135	24	recommendations	recommendation	NOUN
fbem-27657	135	25	through	through	ADP
fbem-27657	135	26	more	more	ADV
fbem-27657	135	27	empirical	empirical	ADJ
fbem-27657	135	28	studies	study	NOUN
fbem-27657	135	29	.	.	PUNCT
fbem-27657	136	1	in	in	ADP
fbem-27657	136	2	conclusion	conclusion	NOUN
fbem-27657	136	3	,	,	PUNCT
fbem-27657	136	4	this	this	DET
fbem-27657	136	5	study	study	NOUN
fbem-27657	136	6	proposes	propose	VERB
fbem-27657	136	7	specific	specific	ADJ
fbem-27657	136	8	recommendations	recommendation	NOUN
fbem-27657	136	9	for	for	ADP
fbem-27657	136	10	optimizing	optimize	VERB
fbem-27657	136	11	the	the	DET
fbem-27657	136	12	mandatory	mandatory	ADJ
fbem-27657	136	13	environmental	environmental	ADJ
fbem-27657	136	14	information	information	NOUN
fbem-27657	136	15	disclosure	disclosure	NOUN
fbem-27657	136	16	system	system	NOUN
fbem-27657	136	17	in	in	ADP
fbem-27657	136	18	china	china	PROPN
fbem-27657	136	19	through	through	ADP
fbem-27657	136	20	comprehensive	comprehensive	ADJ
fbem-27657	136	21	analysis	analysis	NOUN
fbem-27657	136	22	and	and	CCONJ
fbem-27657	136	23	demonstration	demonstration	NOUN
fbem-27657	136	24	,	,	PUNCT
fbem-27657	136	25	offering	offer	VERB
fbem-27657	136	26	significant	significant	ADJ
fbem-27657	136	27	theoretical	theoretical	ADJ
fbem-27657	136	28	and	and	CCONJ
fbem-27657	136	29	practical	practical	ADJ
fbem-27657	136	30	value	value	NOUN
fbem-27657	136	31	.	.	PUNCT
fbem-27657	137	1	establishing	establish	VERB
fbem-27657	137	2	and	and	CCONJ
fbem-27657	137	3	improving	improve	VERB
fbem-27657	137	4	the	the	DET
fbem-27657	137	5	mandatory	mandatory	ADJ
fbem-27657	137	6	environmental	environmental	ADJ
fbem-27657	137	7	information	information	NOUN
fbem-27657	137	8	disclosure	disclosure	NOUN
fbem-27657	137	9	system	system	NOUN
fbem-27657	137	10	can	can	AUX
fbem-27657	137	11	effectively	effectively	ADV
fbem-27657	137	12	enhance	enhance	VERB
fbem-27657	137	13	the	the	DET
fbem-27657	137	14	level	level	NOUN
fbem-27657	137	15	of	of	ADP
fbem-27657	137	16	environmental	environmental	ADJ
fbem-27657	137	17	information	information	NOUN
fbem-27657	137	18	disclosure	disclosure	NOUN
fbem-27657	137	19	among	among	ADP
fbem-27657	137	20	chinese	chinese	ADJ
fbem-27657	137	21	companies	company	NOUN
fbem-27657	137	22	,	,	PUNCT
fbem-27657	137	23	promote	promote	VERB
fbem-27657	137	24	sustainable	sustainable	ADJ
fbem-27657	137	25	development	development	NOUN
fbem-27657	137	26	and	and	CCONJ
fbem-27657	137	27	ecological	ecological	ADJ
fbem-27657	137	28	civilization	civilization	NOUN
fbem-27657	137	29	construction	construction	NOUN
fbem-27657	137	30	,	,	PUNCT
fbem-27657	137	31	and	and	CCONJ
fbem-27657	137	32	contribute	contribute	VERB
fbem-27657	137	33	china	china	PROPN
fbem-27657	137	34	's	's	PART
fbem-27657	137	35	wisdom	wisdom	NOUN
fbem-27657	137	36	and	and	CCONJ
fbem-27657	137	37	strength	strength	NOUN
fbem-27657	137	38	to	to	ADP
fbem-27657	137	39	global	global	ADJ
fbem-27657	137	40	environmental	environmental	ADJ
fbem-27657	137	41	protection	protection	NOUN
fbem-27657	137	42	efforts	effort	NOUN
fbem-27657	137	43	.	.	PUNCT
fbem-27657	138	1	155	155	NUM
fbem-27657	138	2	references	reference	NOUN
fbem-27657	138	3	[	[	X
fbem-27657	138	4	1	1	NUM
fbem-27657	138	5	]	]	X
fbem-27657	138	6	krueger	krueger	PROPN
fbem-27657	138	7	,	,	PUNCT
fbem-27657	138	8	p.	p.	NOUN
fbem-27657	138	9	,	,	PUNCT
fbem-27657	138	10	sautner	sautner	PROPN
fbem-27657	138	11	,	,	PUNCT
fbem-27657	138	12	z.	z.	PROPN
fbem-27657	138	13	,	,	PUNCT
fbem-27657	138	14	tang	tang	PROPN
fbem-27657	138	15	,	,	PUNCT
fbem-27657	138	16	d.	d.	PROPN
fbem-27657	138	17	y.	y.	PROPN
fbem-27657	138	18	,	,	PUNCT
fbem-27657	138	19	&	&	CCONJ
fbem-27657	138	20	zhong	zhong	PROPN
fbem-27657	138	21	,	,	PUNCT
fbem-27657	138	22	r.	r.	PROPN
fbem-27657	138	23	(	(	PUNCT
fbem-27657	138	24	2021	2021	NUM
fbem-27657	138	25	)	)	PUNCT
fbem-27657	138	26	.	.	PUNCT
fbem-27657	139	1	the	the	DET
fbem-27657	139	2	effects	effect	NOUN
fbem-27657	139	3	of	of	ADP
fbem-27657	139	4	mandatory	mandatory	ADJ
fbem-27657	139	5	esg	esg	PROPN
fbem-27657	139	6	disclosure	disclosure	NOUN
fbem-27657	139	7	around	around	ADP
fbem-27657	139	8	the	the	DET
fbem-27657	139	9	world	world	NOUN
fbem-27657	139	10	.	.	PUNCT
fbem-27657	140	1	journal	journal	NOUN
fbem-27657	140	2	of	of	ADP
fbem-27657	140	3	accounting	accounting	NOUN
fbem-27657	140	4	research	research	NOUN
fbem-27657	140	5	.	.	PUNCT
fbem-27657	141	1	[	[	X
fbem-27657	141	2	2	2	NUM
fbem-27657	141	3	]	]	PUNCT
fbem-27657	141	4	atan	atan	PROPN
fbem-27657	141	5	,	,	PUNCT
fbem-27657	141	6	r.	r.	PROPN
fbem-27657	141	7	u.	u.	PROPN
fbem-27657	141	8	h.	h.	PROPN
fbem-27657	141	9	a.	a.	PROPN
fbem-27657	141	10	y.	y.	PROPN
fbem-27657	141	11	a.	a.	PROPN
fbem-27657	141	12	,	,	PUNCT
fbem-27657	141	13	razali	razali	VERB
fbem-27657	141	14	,	,	PUNCT
fbem-27657	141	15	f.	f.	PROPN
fbem-27657	141	16	a.	a.	PROPN
fbem-27657	141	17	,	,	PUNCT
fbem-27657	141	18	said	say	VERB
fbem-27657	141	19	,	,	PUNCT
fbem-27657	141	20	j.	j.	PROPN
fbem-27657	141	21	a.	a.	PROPN
fbem-27657	141	22	m.	m.	PROPN
fbem-27657	141	23	a.	a.	PROPN
fbem-27657	141	24	l.	l.	PROPN
fbem-27657	141	25	i.	i.	PROPN
fbem-27657	141	26	a.	a.	PROPN
fbem-27657	141	27	h.	h.	PROPN
fbem-27657	141	28	,	,	PUNCT
fbem-27657	141	29	zainun	zainun	PROPN
fbem-27657	141	30	,	,	PUNCT
fbem-27657	141	31	s.	s.	PROPN
fbem-27657	141	32	(	(	PUNCT
fbem-27657	141	33	2016	2016	NUM
fbem-27657	141	34	)	)	PUNCT
fbem-27657	141	35	.	.	PUNCT
fbem-27657	142	1	environmental	environmental	ADJ
fbem-27657	142	2	,	,	PUNCT
fbem-27657	142	3	social	social	ADJ
fbem-27657	142	4	and	and	CCONJ
fbem-27657	142	5	governance	governance	NOUN
fbem-27657	142	6	(	(	PUNCT
fbem-27657	142	7	esg	esg	NOUN
fbem-27657	142	8	)	)	PUNCT
fbem-27657	142	9	disclosure	disclosure	NOUN
fbem-27657	142	10	and	and	CCONJ
fbem-27657	142	11	its	its	PRON
fbem-27657	142	12	effect	effect	NOUN
fbem-27657	142	13	on	on	ADP
fbem-27657	142	14	firm	firm	NOUN
fbem-27657	142	15	’s	’s	PART
fbem-27657	142	16	performance	performance	NOUN
fbem-27657	142	17	:	:	PUNCT
fbem-27657	142	18	a	a	DET
fbem-27657	142	19	comparative	comparative	ADJ
fbem-27657	142	20	study	study	NOUN
fbem-27657	142	21	.	.	PUNCT
fbem-27657	143	1	international	international	ADJ
fbem-27657	143	2	journal	journal	PROPN
fbem-27657	143	3	of	of	ADP
fbem-27657	143	4	economics	economic	NOUN
fbem-27657	143	5	and	and	CCONJ
fbem-27657	143	6	management	management	NOUN
fbem-27657	143	7	,	,	PUNCT
fbem-27657	143	8	vol.10	vol.10	NOUN
fbem-27657	143	9	,	,	PUNCT
fbem-27657	143	10	no.2	no.2	PROPN
fbem-27657	143	11	,	,	PUNCT
fbem-27657	143	12	pp	pp	ADJ
fbem-27657	143	13	.	.	PUNCT
fbem-27657	144	1	355	355	NUM
fbem-27657	144	2	-	-	SYM
fbem-27657	144	3	375	375	NUM
fbem-27657	144	4	.	.	PUNCT
fbem-27657	145	1	[	[	X
fbem-27657	145	2	3	3	NUM
fbem-27657	145	3	]	]	SYM
fbem-27657	145	4	aghamolla	aghamolla	NOUN
fbem-27657	145	5	,	,	PUNCT
fbem-27657	145	6	c.	c.	PROPN
fbem-27657	145	7	,	,	PUNCT
fbem-27657	145	8	an	an	PROPN
fbem-27657	145	9	,	,	PUNCT
fbem-27657	145	10	b.	b.	PROPN
fbem-27657	145	11	j.	j.	PROPN
fbem-27657	145	12	(	(	PUNCT
fbem-27657	145	13	2023	2023	NUM
fbem-27657	145	14	)	)	PUNCT
fbem-27657	145	15	.	.	PUNCT
fbem-27657	146	1	mandatory	mandatory	ADJ
fbem-27657	146	2	vs.	vs.	CCONJ
fbem-27657	146	3	voluntary	voluntary	ADJ
fbem-27657	146	4	esg	esg	PROPN
fbem-27657	146	5	disclosure	disclosure	NOUN
fbem-27657	146	6	,	,	PUNCT
fbem-27657	146	7	efficiency	efficiency	NOUN
fbem-27657	146	8	,	,	PUNCT
fbem-27657	146	9	and	and	CCONJ
fbem-27657	146	10	real	real	ADJ
fbem-27657	146	11	effects	effect	NOUN
fbem-27657	146	12	.	.	PUNCT
fbem-27657	147	1	nanyang	nanyang	PROPN
fbem-27657	147	2	business	business	PROPN
fbem-27657	147	3	school	school	PROPN
fbem-27657	147	4	research	research	NOUN
fbem-27657	147	5	paper	paper	NOUN
fbem-27657	147	6	,	,	PUNCT
fbem-27657	147	7	pp	pp	ADP
fbem-27657	147	8	.	.	PUNCT
fbem-27657	148	1	22	22	NUM
fbem-27657	148	2	-	-	SYM
fbem-27657	148	3	41	41	NUM
fbem-27657	148	4	.	.	PUNCT
fbem-27657	149	1	[	[	X
fbem-27657	149	2	4	4	X
fbem-27657	149	3	]	]	X
fbem-27657	149	4	huang	huang	PROPN
fbem-27657	149	5	t	t	PROPN
fbem-27657	149	6	,	,	PUNCT
fbem-27657	149	7	le	le	PROPN
fbem-27657	149	8	q.y	q.y	PROPN
fbem-27657	149	9	.	.	PUNCT
fbem-27657	149	10	(	(	PUNCT
fbem-27657	149	11	2017	2017	NUM
fbem-27657	149	12	)	)	PUNCT
fbem-27657	149	13	.	.	PUNCT
fbem-27657	150	1	research	research	NOUN
fbem-27657	150	2	on	on	ADP
fbem-27657	150	3	environmental	environmental	ADJ
fbem-27657	150	4	information	information	NOUN
fbem-27657	150	5	disclosure	disclosure	NOUN
fbem-27657	150	6	rules	rule	NOUN
fbem-27657	150	7	of	of	ADP
fbem-27657	150	8	listed	list	VERB
fbem-27657	150	9	companies	company	NOUN
fbem-27657	150	10	in	in	ADP
fbem-27657	150	11	china	china	PROPN
fbem-27657	150	12	legal	legal	ADJ
fbem-27657	150	13	science	science	NOUN
fbem-27657	150	14	(	(	PUNCT
fbem-27657	150	15	journal	journal	NOUN
fbem-27657	150	16	of	of	ADP
fbem-27657	150	17	northwest	northwest	PROPN
fbem-27657	150	18	university	university	PROPN
fbem-27657	150	19	of	of	ADP
fbem-27657	150	20	political	political	ADJ
fbem-27657	150	21	science	science	NOUN
fbem-27657	150	22	and	and	CCONJ
fbem-27657	150	23	law	law	NOUN
fbem-27657	150	24	)	)	PUNCT
fbem-27657	150	25	,	,	PUNCT
fbem-27657	150	26	no.2	no.2	PROPN
fbem-27657	150	27	,	,	PUNCT
fbem-27657	150	28	pp	pp	ADJ
fbem-27657	150	29	.	.	PUNCT
fbem-27657	151	1	120	120	NUM
fbem-27657	151	2	-	-	SYM
fbem-27657	151	3	132	132	NUM
fbem-27657	151	4	.	.	PUNCT
fbem-27657	152	1	[	[	X
fbem-27657	152	2	5	5	X
fbem-27657	152	3	]	]	X
fbem-27657	152	4	feng	feng	PROPN
fbem-27657	152	5	g.	g.	PROPN
fbem-27657	152	6	(	(	PUNCT
fbem-27657	152	7	2020	2020	NUM
fbem-27657	152	8	)	)	PUNCT
fbem-27657	152	9	.	.	PUNCT
fbem-27657	153	1	analysis	analysis	NOUN
fbem-27657	153	2	of	of	ADP
fbem-27657	153	3	the	the	DET
fbem-27657	153	4	legalization	legalization	NOUN
fbem-27657	153	5	path	path	NOUN
fbem-27657	153	6	of	of	ADP
fbem-27657	153	7	corporate	corporate	ADJ
fbem-27657	153	8	social	social	ADJ
fbem-27657	153	9	responsibility	responsibility	NOUN
fbem-27657	153	10	information	information	NOUN
fbem-27657	153	11	disclosure	disclosure	NOUN
fbem-27657	153	12	system	system	NOUN
fbem-27657	153	13	.	.	PUNCT
fbem-27657	154	1	social	social	ADJ
fbem-27657	154	2	science	science	NOUN
fbem-27657	154	3	research	research	NOUN
fbem-27657	154	4	.	.	PUNCT
fbem-27657	155	1	no.1	no.1	ADJ
fbem-27657	155	2	,	,	PUNCT
fbem-27657	155	3	pp	pp	ADJ
fbem-27657	155	4	.	.	PUNCT
fbem-27657	156	1	11	11	NUM
fbem-27657	156	2	-	-	SYM
fbem-27657	156	3	20	20	NUM
fbem-27657	156	4	.	.	PUNCT
fbem-27657	157	1	[	[	X
fbem-27657	157	2	6	6	NUM
fbem-27657	157	3	]	]	X
fbem-27657	157	4	lou	lou	PROPN
fbem-27657	157	5	q.r	q.r	PROPN
fbem-27657	157	6	.	.	PROPN
fbem-27657	157	7	(	(	PUNCT
fbem-27657	157	8	2023	2023	NUM
fbem-27657	157	9	)	)	PUNCT
fbem-27657	157	10	.	.	PUNCT
fbem-27657	158	1	esg	esg	PROPN
fbem-27657	158	2	information	information	NOUN
fbem-27657	158	3	disclosure	disclosure	NOUN
fbem-27657	158	4	:	:	PUNCT
fbem-27657	158	5	legal	legal	ADJ
fbem-27657	158	6	reflection	reflection	NOUN
fbem-27657	158	7	and	and	CCONJ
fbem-27657	158	8	institutional	institutional	ADJ
fbem-27657	158	9	construction	construction	NOUN
fbem-27657	158	10	.	.	PUNCT
fbem-27657	159	1	securities	security	NOUN
fbem-27657	159	2	market	market	NOUN
fbem-27657	159	3	introduction	introduction	NOUN
fbem-27657	159	4	.	.	PUNCT
fbem-27657	160	1	no.3	no.3	VERB
fbem-27657	160	2	,	,	PUNCT
fbem-27657	160	3	pp	pp	PROPN
fbem-27657	160	4	.	.	PUNCT
fbem-27657	161	1	24	24	NUM
fbem-27657	161	2	-	-	SYM
fbem-27657	161	3	34	34	NUM
fbem-27657	161	4	.	.	PUNCT
fbem-27657	162	1	[	[	X
fbem-27657	162	2	7	7	X
fbem-27657	162	3	]	]	X
fbem-27657	162	4	fang	fang	X
fbem-27657	162	5	p.t	p.t	PROPN
fbem-27657	162	6	.	.	PUNCT
fbem-27657	162	7	(	(	PUNCT
fbem-27657	162	8	2023	2023	NUM
fbem-27657	162	9	)	)	PUNCT
fbem-27657	162	10	.	.	PUNCT
fbem-27657	163	1	is	be	AUX
fbem-27657	163	2	it	it	PRON
fbem-27657	163	3	time	time	NOUN
fbem-27657	163	4	to	to	PART
fbem-27657	163	5	force	force	VERB
fbem-27657	163	6	enterprises	enterprise	NOUN
fbem-27657	163	7	to	to	PART
fbem-27657	163	8	disclose	disclose	VERB
fbem-27657	163	9	carbon	carbon	NOUN
fbem-27657	163	10	information	information	NOUN
fbem-27657	163	11	—	—	PUNCT
fbem-27657	163	12	—	—	PUNCT
fbem-27657	163	13	research	research	NOUN
fbem-27657	163	14	on	on	ADP
fbem-27657	163	15	the	the	DET
fbem-27657	163	16	current	current	ADJ
fbem-27657	163	17	situation	situation	NOUN
fbem-27657	163	18	and	and	CCONJ
fbem-27657	163	19	countermeasures	countermeasure	NOUN
fbem-27657	163	20	of	of	ADP
fbem-27657	163	21	china	china	PROPN
fbem-27657	163	22	's	's	PART
fbem-27657	163	23	mandatory	mandatory	ADJ
fbem-27657	163	24	carbon	carbon	NOUN
fbem-27657	163	25	disclosure	disclosure	NOUN
fbem-27657	163	26	system	system	NOUN
fbem-27657	163	27	.	.	PUNCT
fbem-27657	164	1	china	china	PROPN
fbem-27657	164	2	's	's	PART
fbem-27657	164	3	ecological	ecological	ADJ
fbem-27657	164	4	civilization	civilization	NOUN
fbem-27657	164	5	no.1	no.1	VERB
fbem-27657	164	6	,	,	PUNCT
fbem-27657	164	7	pp	pp	ADJ
fbem-27657	164	8	.	.	PUNCT
fbem-27657	165	1	56	56	NUM
fbem-27657	165	2	-	-	SYM
fbem-27657	165	3	60	60	NUM
fbem-27657	165	4	.	.	PUNCT
fbem-27657	166	1	[	[	X
fbem-27657	166	2	8	8	NUM
fbem-27657	166	3	]	]	X
fbem-27657	166	4	international	international	PROPN
fbem-27657	166	5	institute	institute	PROPN
fbem-27657	166	6	of	of	ADP
fbem-27657	166	7	green	green	PROPN
fbem-27657	166	8	finance	finance	PROPN
fbem-27657	166	9	(	(	PUNCT
fbem-27657	166	10	2023	2023	NUM
fbem-27657	166	11	,	,	PUNCT
fbem-27657	166	12	jul	jul	PROPN
fbem-27657	166	13	.	.	PROPN
fbem-27657	166	14	)	)	PUNCT
fbem-27657	166	15	,	,	PUNCT
fbem-27657	166	16	esg	esg	PROPN
fbem-27657	166	17	action	action	NOUN
fbem-27657	166	18	report	report	NOUN
fbem-27657	166	19	of	of	ADP
fbem-27657	166	20	chinese	chinese	ADJ
fbem-27657	166	21	listed	list	VERB
fbem-27657	166	22	companies	company	NOUN
fbem-27657	166	23	(	(	PUNCT
fbem-27657	166	24	2022	2022	NUM
fbem-27657	166	25	-	-	SYM
fbem-27657	166	26	2023	2023	NUM
fbem-27657	166	27	)	)	PUNCT
fbem-27657	166	28	,	,	PUNCT
fbem-27657	166	29	https://iigf.cufe.edu.cn/info/1014/7437.htm	https://iigf.cufe.edu.cn/info/1014/7437.htm	PROPN
fbem-27657	167	1	[	[	X
fbem-27657	167	2	9	9	NUM
fbem-27657	167	3	]	]	X
fbem-27657	167	4	liu	liu	PROPN
fbem-27657	167	5	z.y	z.y	PROPN
fbem-27657	167	6	.	.	PROPN
fbem-27657	167	7	,	,	PUNCT
fbem-27657	167	8	guo	guo	PROPN
fbem-27657	167	9	z.	z.	PROPN
fbem-27657	167	10	,	,	PUNCT
fbem-27657	167	11	and	and	CCONJ
fbem-27657	167	12	jiang	jiang	PROPN
fbem-27657	167	13	l.x	l.x	PROPN
fbem-27657	167	14	.	.	PUNCT
fbem-27657	168	1	(	(	PUNCT
fbem-27657	168	2	2024	2024	NUM
fbem-27657	168	3	)	)	PUNCT
fbem-27657	168	4	.	.	PUNCT
fbem-27657	169	1	on	on	ADP
fbem-27657	169	2	the	the	DET
fbem-27657	169	3	institutional	institutional	ADJ
fbem-27657	169	4	construction	construction	NOUN
fbem-27657	169	5	of	of	ADP
fbem-27657	169	6	esg	esg	PROPN
fbem-27657	169	7	environmental	environmental	ADJ
fbem-27657	169	8	information	information	NOUN
fbem-27657	169	9	disclosure	disclosure	NOUN
fbem-27657	169	10	in	in	ADP
fbem-27657	169	11	china	china	PROPN
fbem-27657	169	12	:	:	PUNCT
fbem-27657	169	13	based	base	VERB
fbem-27657	169	14	on	on	ADP
fbem-27657	169	15	the	the	DET
fbem-27657	169	16	perspective	perspective	NOUN
fbem-27657	169	17	of	of	ADP
fbem-27657	169	18	corporate	corporate	ADJ
fbem-27657	169	19	environmental	environmental	ADJ
fbem-27657	169	20	compliance	compliance	NOUN
fbem-27657	169	21	.	.	PUNCT
fbem-27657	169	22	"	"	PUNCT
fbem-27657	170	1	journal	journal	PROPN
fbem-27657	170	2	of	of	ADP
fbem-27657	170	3	china	china	PROPN
fbem-27657	170	4	university	university	PROPN
fbem-27657	170	5	of	of	ADP
fbem-27657	170	6	geosciences	geoscience	NOUN
fbem-27657	170	7	(	(	PUNCT
fbem-27657	170	8	social	social	ADJ
fbem-27657	170	9	sciences	science	NOUN
fbem-27657	170	10	edition	edition	PROPN
fbem-27657	170	11	)	)	PUNCT
fbem-27657	170	12	vol24	vol24	PROPN
fbem-27657	170	13	,	,	PUNCT
fbem-27657	170	14	no.3	no.3	VERB
fbem-27657	170	15	,	,	PUNCT
fbem-27657	170	16	pp	pp	ADJ
fbem-27657	170	17	.	.	PUNCT
fbem-27657	171	1	34	34	NUM
fbem-27657	171	2	-	-	SYM
fbem-27657	171	3	40	40	NUM
fbem-27657	171	4	.	.	PUNCT
fbem-27657	172	1	[	[	X
fbem-27657	172	2	10	10	NUM
fbem-27657	172	3	]	]	X
fbem-27657	172	4	fisch	fisch	PROPN
fbem-27657	172	5	,	,	PUNCT
fbem-27657	172	6	j.	j.	PROPN
fbem-27657	172	7	e.	e.	PROPN
fbem-27657	172	8	,	,	PUNCT
fbem-27657	172	9	solomon	solomon	PROPN
fbem-27657	172	10	,	,	PUNCT
fbem-27657	172	11	s.	s.	PROPN
fbem-27657	172	12	d.	d.	PROPN
fbem-27657	172	13	(	(	PUNCT
fbem-27657	172	14	2020	2020	NUM
fbem-27657	172	15	)	)	PUNCT
fbem-27657	172	16	.	.	PUNCT
fbem-27657	173	1	should	should	AUX
fbem-27657	173	2	corporations	corporation	NOUN
fbem-27657	173	3	have	have	VERB
fbem-27657	173	4	a	a	DET
fbem-27657	173	5	purpose	purpose	NOUN
fbem-27657	173	6	?	?	PUNCT
fbem-27657	173	7	.	.	PUNCT
fbem-27657	174	1	tex	tex	PROPN
fbem-27657	174	2	.	.	PROPN
fbem-27657	174	3	l.	l.	PROPN
fbem-27657	174	4	rev	rev	PROPN
fbem-27657	174	5	.	.	PROPN
fbem-27657	174	6	,	,	PUNCT
fbem-27657	174	7	no	no	INTJ
fbem-27657	174	8	.	.	NOUN
fbem-27657	174	9	99	99	NUM
fbem-27657	174	10	,	,	PUNCT
fbem-27657	174	11	pp	pp	ADJ
fbem-27657	174	12	.	.	PUNCT
fbem-27657	174	13	1309	1309	NUM
fbem-27657	174	14	.	.	PUNCT
fbem-27657	175	1	[	[	X
fbem-27657	175	2	11	11	NUM
fbem-27657	175	3	]	]	X
fbem-27657	175	4	bai	bai	PROPN
fbem-27657	175	5	m.r	m.r	PROPN
fbem-27657	175	6	.	.	PROPN
fbem-27657	175	7	,	,	PUNCT
fbem-27657	175	8	zhang	zhang	PROPN
fbem-27657	175	9	j.x	j.x	PROPN
fbem-27657	175	10	.	.	PROPN
fbem-27657	175	11	(	(	PUNCT
fbem-27657	175	12	2022	2022	NUM
fbem-27657	175	13	)	)	PUNCT
fbem-27657	175	14	.	.	PUNCT
fbem-27657	176	1	exploration	exploration	NOUN
fbem-27657	176	2	of	of	ADP
fbem-27657	176	3	the	the	DET
fbem-27657	176	4	construction	construction	NOUN
fbem-27657	176	5	path	path	NOUN
fbem-27657	176	6	of	of	ADP
fbem-27657	176	7	esg	esg	PROPN
fbem-27657	176	8	information	information	NOUN
fbem-27657	176	9	disclosure	disclosure	NOUN
fbem-27657	176	10	system	system	NOUN
fbem-27657	176	11	for	for	ADP
fbem-27657	176	12	listed	list	VERB
fbem-27657	176	13	companies	company	NOUN
fbem-27657	176	14	.	.	PUNCT
fbem-27657	177	1	finance	finance	NOUN
fbem-27657	177	2	and	and	CCONJ
fbem-27657	177	3	accounting	account	VERB
fbem-27657	177	4	monthly	monthly	ADV
fbem-27657	177	5	.	.	PUNCT
fbem-27657	178	1	no.7	no.7	PROPN
fbem-27657	178	2	,	,	PUNCT
fbem-27657	178	3	pp	pp	ADJ
fbem-27657	178	4	.	.	PUNCT
fbem-27657	179	1	90	90	NUM
fbem-27657	179	2	-	-	SYM
fbem-27657	179	3	99	99	NUM
fbem-27657	179	4	.	.	PUNCT
fbem-27657	180	1	[	[	X
fbem-27657	180	2	12	12	NUM
fbem-27657	180	3	]	]	X
fbem-27657	180	4	verrecchia	verrecchia	PROPN
fbem-27657	180	5	,	,	PUNCT
fbem-27657	180	6	r.	r.	PROPN
fbem-27657	180	7	e.	e.	PROPN
fbem-27657	180	8	(	(	PUNCT
fbem-27657	180	9	2001	2001	NUM
fbem-27657	180	10	)	)	PUNCT
fbem-27657	180	11	.	.	PUNCT
fbem-27657	181	1	essays	essay	NOUN
fbem-27657	181	2	on	on	ADP
fbem-27657	181	3	disclosure	disclosure	NOUN
fbem-27657	181	4	.	.	PUNCT
fbem-27657	182	1	journal	journal	NOUN
fbem-27657	182	2	of	of	ADP
fbem-27657	182	3	accounting	accounting	NOUN
fbem-27657	182	4	and	and	CCONJ
fbem-27657	182	5	economics	economic	NOUN
fbem-27657	182	6	,	,	PUNCT
fbem-27657	182	7	vol	vol	NOUN
fbem-27657	182	8	.	.	PROPN
fbem-27657	182	9	32	32	NUM
fbem-27657	182	10	,	,	PUNCT
fbem-27657	182	11	pp	pp	ADJ
fbem-27657	182	12	.	.	PUNCT
fbem-27657	183	1	97	97	NUM
fbem-27657	183	2	-	-	SYM
fbem-27657	183	3	180	180	NUM
fbem-27657	183	4	.	.	PUNCT
fbem-27657	184	1	[	[	X
fbem-27657	184	2	13	13	NUM
fbem-27657	184	3	]	]	PUNCT
fbem-27657	184	4	healy	healy	PROPN
fbem-27657	184	5	,	,	PUNCT
fbem-27657	184	6	p.	p.	NOUN
fbem-27657	184	7	m.	m.	NOUN
fbem-27657	184	8	,	,	PUNCT
fbem-27657	184	9	palepu	palepu	NOUN
fbem-27657	184	10	,	,	PUNCT
fbem-27657	184	11	k.	k.	PROPN
fbem-27657	184	12	g.	g.	PROPN
fbem-27657	184	13	(	(	PUNCT
fbem-27657	184	14	2001	2001	NUM
fbem-27657	184	15	)	)	PUNCT
fbem-27657	184	16	.	.	PUNCT
fbem-27657	185	1	information	information	NOUN
fbem-27657	185	2	asymmetry	asymmetry	NOUN
fbem-27657	185	3	,	,	PUNCT
fbem-27657	185	4	corporate	corporate	ADJ
fbem-27657	185	5	disclosure	disclosure	NOUN
fbem-27657	185	6	,	,	PUNCT
fbem-27657	185	7	and	and	CCONJ
fbem-27657	185	8	the	the	DET
fbem-27657	185	9	capital	capital	NOUN
fbem-27657	185	10	markets	market	NOUN
fbem-27657	185	11	:	:	PUNCT
fbem-27657	185	12	a	a	DET
fbem-27657	185	13	review	review	NOUN
fbem-27657	185	14	of	of	ADP
fbem-27657	185	15	the	the	DET
fbem-27657	185	16	empirical	empirical	ADJ
fbem-27657	185	17	disclosure	disclosure	NOUN
fbem-27657	185	18	literature	literature	NOUN
fbem-27657	185	19	.	.	PUNCT
fbem-27657	186	1	journal	journal	PROPN
fbem-27657	186	2	of	of	ADP
fbem-27657	186	3	accounting	accounting	NOUN
fbem-27657	186	4	and	and	CCONJ
fbem-27657	186	5	economics	economic	NOUN
fbem-27657	186	6	,	,	PUNCT
fbem-27657	186	7	vol	vol	NOUN
fbem-27657	186	8	.	.	PROPN
fbem-27657	186	9	31	31	NUM
fbem-27657	186	10	,	,	PUNCT
fbem-27657	186	11	pp	pp	CCONJ
fbem-27657	186	12	,	,	PUNCT
fbem-27657	186	13	405	405	NUM
fbem-27657	186	14	-	-	SYM
fbem-27657	186	15	440	440	NUM
fbem-27657	186	16	.	.	PUNCT
fbem-27657	187	1	[	[	X
fbem-27657	187	2	14	14	NUM
fbem-27657	187	3	]	]	X
fbem-27657	187	4	stern	stern	ADJ
fbem-27657	187	5	,	,	PUNCT
fbem-27657	187	6	n.	n.	NOUN
fbem-27657	187	7	(	(	PUNCT
fbem-27657	187	8	2008	2008	NUM
fbem-27657	187	9	)	)	PUNCT
fbem-27657	187	10	.	.	PUNCT
fbem-27657	188	1	the	the	DET
fbem-27657	188	2	economics	economic	NOUN
fbem-27657	188	3	of	of	ADP
fbem-27657	188	4	climate	climate	NOUN
fbem-27657	188	5	change	change	NOUN
fbem-27657	188	6	.	.	PUNCT
fbem-27657	189	1	american	american	PROPN
fbem-27657	189	2	economic	economic	PROPN
fbem-27657	189	3	review	review	PROPN
fbem-27657	189	4	,	,	PUNCT
fbem-27657	189	5	vol.98	vol.98	X
fbem-27657	189	6	,	,	PUNCT
fbem-27657	189	7	no.2	no.2	PROPN
fbem-27657	189	8	,	,	PUNCT
fbem-27657	189	9	pp	pp	ADJ
fbem-27657	189	10	.	.	PUNCT
fbem-27657	190	1	1	1	NUM
fbem-27657	190	2	-	-	SYM
fbem-27657	190	3	37	37	NUM
fbem-27657	190	4	.	.	PUNCT
fbem-27657	191	1	[	[	X
fbem-27657	191	2	15	15	NUM
fbem-27657	191	3	]	]	PUNCT
fbem-27657	191	4	ipcc	ipcc	NOUN
fbem-27657	191	5	(	(	PUNCT
fbem-27657	191	6	2018	2018	NUM
fbem-27657	191	7	)	)	PUNCT
fbem-27657	191	8	.	.	PUNCT
fbem-27657	192	1	global	global	ADJ
fbem-27657	192	2	warming	warming	NOUN
fbem-27657	192	3	of	of	ADP
fbem-27657	192	4	1.5	1.5	NUM
fbem-27657	192	5	°	°	NOUN
fbem-27657	192	6	c	c	NOUN
fbem-27657	192	7	.	.	PUNCT
fbem-27657	193	1	https://www.ipcc.ch/sr15/download/	https://www.ipcc.ch/sr15/download/	X
fbem-27657	194	1	[	[	X
fbem-27657	194	2	16	16	NUM
fbem-27657	194	3	]	]	X
fbem-27657	195	1	chen	chen	PROPN
fbem-27657	195	2	j.y	j.y	PROPN
fbem-27657	195	3	.	.	PROPN
fbem-27657	195	4	,	,	PUNCT
fbem-27657	195	5	liu	liu	PROPN
fbem-27657	195	6	y.j	y.j	PROPN
fbem-27657	195	7	.	.	PUNCT
fbem-27657	195	8	(	(	PUNCT
fbem-27657	195	9	2024	2024	NUM
fbem-27657	195	10	)	)	PUNCT
fbem-27657	195	11	.	.	PUNCT
fbem-27657	196	1	esg	esg	PROPN
fbem-27657	196	2	report	report	NOUN
fbem-27657	196	3	of	of	ADP
fbem-27657	196	4	listed	list	VERB
fbem-27657	196	5	companies	company	NOUN
fbem-27657	196	6	"	"	PUNCT
fbem-27657	196	7	green	green	ADJ
fbem-27657	196	8	floating	float	VERB
fbem-27657	196	9	"	"	PUNCT
fbem-27657	196	10	behavior	behavior	NOUN
fbem-27657	196	11	governance	governance	NOUN
fbem-27657	196	12	.	.	PUNCT
fbem-27657	197	1	business	business	NOUN
fbem-27657	197	2	accounting	accounting	PROPN
fbem-27657	197	3	no.7	no.7	PROPN
fbem-27657	197	4	,	,	PUNCT
fbem-27657	197	5	pp	pp	NOUN
fbem-27657	197	6	.	.	PUNCT
fbem-27657	198	1	10	10	NUM
fbem-27657	198	2	-	-	SYM
fbem-27657	198	3	14	14	NUM
fbem-27657	198	4	.	.	PUNCT
fbem-27657	199	1	[	[	X
fbem-27657	199	2	17	17	NUM
fbem-27657	199	3	]	]	PUNCT
fbem-27657	199	4	delmas	delma	NOUN
fbem-27657	199	5	,	,	PUNCT
fbem-27657	199	6	m.	m.	NOUN
fbem-27657	199	7	a.	a.	PROPN
fbem-27657	199	8	,	,	PUNCT
fbem-27657	199	9	burbano	burbano	PROPN
fbem-27657	199	10	,	,	PUNCT
fbem-27657	199	11	v.	v.	PROPN
fbem-27657	199	12	c.	c.	PROPN
fbem-27657	199	13	(	(	PUNCT
fbem-27657	199	14	2011	2011	NUM
fbem-27657	199	15	)	)	PUNCT
fbem-27657	199	16	.	.	PUNCT
fbem-27657	200	1	the	the	DET
fbem-27657	200	2	drivers	driver	NOUN
fbem-27657	200	3	of	of	ADP
fbem-27657	200	4	greenwashing	greenwashing	NOUN
fbem-27657	200	5	.	.	PUNCT
fbem-27657	201	1	california	california	PROPN
fbem-27657	201	2	management	management	PROPN
fbem-27657	201	3	review	review	PROPN
fbem-27657	201	4	,	,	PUNCT
fbem-27657	201	5	vol.54	vol.54	PROPN
fbem-27657	201	6	,	,	PUNCT
fbem-27657	201	7	no.1	no.1	NUM
fbem-27657	201	8	,	,	PUNCT
fbem-27657	201	9	pp	pp	ADJ
fbem-27657	201	10	.	.	PUNCT
fbem-27657	202	1	64	64	NUM
fbem-27657	202	2	-	-	SYM
fbem-27657	202	3	87	87	NUM
fbem-27657	202	4	.	.	PUNCT
fbem-27657	203	1	[	[	X
fbem-27657	203	2	18	18	NUM
fbem-27657	203	3	]	]	X
fbem-27657	203	4	wu	wu	PROPN
fbem-27657	203	5	c.	c.	PROPN
fbem-27657	203	6	,	,	PUNCT
fbem-27657	203	7	ma	ma	PROPN
fbem-27657	203	8	x.r	x.r	PROPN
fbem-27657	203	9	.	.	PUNCT
fbem-27657	203	10	(	(	PUNCT
fbem-27657	203	11	2024	2024	NUM
fbem-27657	203	12	)	)	PUNCT
fbem-27657	203	13	.	.	PUNCT
fbem-27657	204	1	"	"	PUNCT
fbem-27657	204	2	compliance	compliance	NOUN
fbem-27657	204	3	"	"	PUNCT
fbem-27657	204	4	or	or	CCONJ
fbem-27657	204	5	"	"	PUNCT
fbem-27657	204	6	group	group	NOUN
fbem-27657	204	7	"	"	PUNCT
fbem-27657	204	8	:	:	PUNCT
fbem-27657	204	9	the	the	DET
fbem-27657	204	10	activism	activism	NOUN
fbem-27657	204	11	of	of	ADP
fbem-27657	204	12	minority	minority	NOUN
fbem-27657	204	13	shareholders	shareholder	NOUN
fbem-27657	204	14	and	and	CCONJ
fbem-27657	204	15	carbon	carbon	NOUN
fbem-27657	204	16	information	information	NOUN
fbem-27657	204	17	disclosure	disclosure	NOUN
fbem-27657	204	18	.	.	PUNCT
fbem-27657	205	1	science	science	NOUN
fbem-27657	205	2	and	and	CCONJ
fbem-27657	205	3	management	management	NOUN
fbem-27657	205	4	.	.	PUNCT
fbem-27657	206	1	pp	pp	ADJ
fbem-27657	206	2	.	.	PUNCT
fbem-27657	207	1	1	1	NUM
fbem-27657	207	2	-	-	SYM
fbem-27657	207	3	15	15	NUM
fbem-27657	207	4	.	.	PUNCT
fbem-27657	208	1	[	[	X
fbem-27657	208	2	19	19	NUM
fbem-27657	208	3	]	]	X
fbem-27657	208	4	hassan	hassan	PROPN
fbem-27657	208	5	,	,	PUNCT
fbem-27657	208	6	a.	a.	NOUN
fbem-27657	208	7	,	,	PUNCT
fbem-27657	208	8	romilly	romilly	ADV
fbem-27657	208	9	,	,	PUNCT
fbem-27657	208	10	p.	p.	NOUN
fbem-27657	208	11	(	(	PUNCT
fbem-27657	208	12	2018	2018	NUM
fbem-27657	208	13	)	)	PUNCT
fbem-27657	208	14	.	.	PUNCT
fbem-27657	209	1	the	the	DET
fbem-27657	209	2	impact	impact	NOUN
fbem-27657	209	3	of	of	ADP
fbem-27657	209	4	environmental	environmental	ADJ
fbem-27657	209	5	information	information	NOUN
fbem-27657	209	6	disclosure	disclosure	NOUN
fbem-27657	209	7	on	on	ADP
fbem-27657	209	8	corporate	corporate	ADJ
fbem-27657	209	9	financial	financial	ADJ
fbem-27657	209	10	performance	performance	NOUN
fbem-27657	209	11	:	:	PUNCT
fbem-27657	209	12	a	a	DET
fbem-27657	209	13	review	review	NOUN
fbem-27657	209	14	of	of	ADP
fbem-27657	209	15	literature	literature	NOUN
fbem-27657	209	16	.	.	PUNCT
fbem-27657	210	1	journal	journal	PROPN
fbem-27657	210	2	of	of	ADP
fbem-27657	210	3	business	business	NOUN
fbem-27657	210	4	ethics	ethic	NOUN
fbem-27657	210	5	,	,	PUNCT
fbem-27657	210	6	vol	vol	NOUN
fbem-27657	210	7	.	.	PROPN
fbem-27657	210	8	150	150	NUM
fbem-27657	210	9	,	,	PUNCT
fbem-27657	210	10	no.1	no.1	NUM
fbem-27657	210	11	,	,	PUNCT
fbem-27657	210	12	pp	pp	ADJ
fbem-27657	210	13	.	.	PUNCT
fbem-27657	211	1	47	47	NUM
fbem-27657	211	2	-	-	SYM
fbem-27657	211	3	65	65	NUM
fbem-27657	211	4	.	.	PUNCT
fbem-27657	212	1	[	[	X
fbem-27657	212	2	20	20	NUM
fbem-27657	212	3	]	]	X
fbem-27657	212	4	hou	hou	PROPN
fbem-27657	212	5	d.d	d.d	PROPN
fbem-27657	212	6	.	.	PROPN
fbem-27657	212	7	,	,	PUNCT
fbem-27657	212	8	wei	wei	PROPN
fbem-27657	212	9	y.j	y.j	PROPN
fbem-27657	212	10	.	.	PUNCT
fbem-27657	212	11	(	(	PUNCT
fbem-27657	212	12	2023	2023	NUM
fbem-27657	212	13	)	)	PUNCT
fbem-27657	212	14	.	.	PUNCT
fbem-27657	213	1	the	the	DET
fbem-27657	213	2	construction	construction	NOUN
fbem-27657	213	3	of	of	ADP
fbem-27657	213	4	esg	esg	PROPN
fbem-27657	213	5	information	information	NOUN
fbem-27657	213	6	disclosure	disclosure	NOUN
fbem-27657	213	7	framework	framework	NOUN
fbem-27657	213	8	for	for	ADP
fbem-27657	213	9	listed	list	VERB
fbem-27657	213	10	companies	company	NOUN
fbem-27657	213	11	from	from	ADP
fbem-27657	213	12	the	the	DET
fbem-27657	213	13	perspective	perspective	NOUN
fbem-27657	213	14	of	of	ADP
fbem-27657	213	15	new	new	ADJ
fbem-27657	213	16	development	development	NOUN
fbem-27657	213	17	concepts	concept	NOUN
fbem-27657	213	18	.	.	PUNCT
fbem-27657	214	1	financial	financial	ADJ
fbem-27657	214	2	law	law	NOUN
fbem-27657	214	3	.	.	PUNCT
fbem-27657	215	1	no.5	no.5	PROPN
fbem-27657	215	2	,	,	PUNCT
fbem-27657	215	3	pp	pp	X
fbem-27657	215	4	.	.	PUNCT
fbem-27657	216	1	3	3	NUM
fbem-27657	216	2	-	-	SYM
fbem-27657	216	3	17	17	NUM
fbem-27657	216	4	.	.	PUNCT
fbem-27657	217	1	[	[	X
fbem-27657	217	2	21	21	NUM
fbem-27657	217	3	]	]	X
fbem-27657	217	4	peng	peng	PROPN
fbem-27657	217	5	y.c	y.c	PROPN
fbem-27657	217	6	.	.	PROPN
fbem-27657	217	7	(	(	PUNCT
fbem-27657	217	8	2023	2023	NUM
fbem-27657	217	9	)	)	PUNCT
fbem-27657	217	10	.	.	PUNCT
fbem-27657	218	1	the	the	DET
fbem-27657	218	2	legal	legal	ADJ
fbem-27657	218	3	basis	basis	NOUN
fbem-27657	218	4	and	and	CCONJ
fbem-27657	218	5	rule	rule	VERB
fbem-27657	218	6	construction	construction	NOUN
fbem-27657	218	7	of	of	ADP
fbem-27657	218	8	the	the	DET
fbem-27657	218	9	compulsory	compulsory	ADJ
fbem-27657	218	10	esg	esg	PROPN
fbem-27657	218	11	information	information	NOUN
fbem-27657	218	12	disclosure	disclosure	NOUN
fbem-27657	218	13	system	system	NOUN
fbem-27657	218	14	.	.	PUNCT
fbem-27657	219	1	oriental	oriental	ADJ
fbem-27657	219	2	law	law	NOUN
fbem-27657	219	3	.	.	PUNCT
fbem-27657	220	1	no.4	no.4	PROPN
fbem-27657	220	2	,	,	PUNCT
fbem-27657	220	3	pp	pp	X
fbem-27657	220	4	.	.	PUNCT
fbem-27657	221	1	152	152	NUM
fbem-27657	221	2	-	-	SYM
fbem-27657	221	3	164	164	NUM
fbem-27657	221	4	.	.	PUNCT