id	sid	tid	token	lemma	pos
fbem-2779	1	1	frontiers	frontier	NOUN
fbem-2779	1	2	in	in	ADP
fbem-2779	1	3	business	business	NOUN
fbem-2779	1	4	,	,	PUNCT
fbem-2779	1	5	economics	economic	NOUN
fbem-2779	1	6	and	and	CCONJ
fbem-2779	1	7	management	management	NOUN
fbem-2779	1	8	issn	issn	PROPN
fbem-2779	1	9	:	:	PUNCT
fbem-2779	1	10	2766	2766	NUM
fbem-2779	1	11	-	-	PUNCT
fbem-2779	1	12	824x	824x	NUM
fbem-2779	1	13	|	|	ADJ
fbem-2779	1	14	vol	vol	NOUN
fbem-2779	1	15	.	.	PROPN
fbem-2779	2	1	6	6	NUM
fbem-2779	2	2	,	,	PUNCT
fbem-2779	2	3	no	no	INTJ
fbem-2779	2	4	.	.	NOUN
fbem-2779	2	5	2	2	NUM
fbem-2779	2	6	,	,	PUNCT
fbem-2779	2	7	2022	2022	NUM
fbem-2779	2	8	58	58	NUM
fbem-2779	2	9	research	research	NOUN
fbem-2779	2	10	on	on	ADP
fbem-2779	2	11	carbon	carbon	NOUN
fbem-2779	2	12	cap‐and‐trade	cap‐and‐trade	NOUN
fbem-2779	2	13	policies	policy	NOUN
fbem-2779	2	14	and	and	CCONJ
fbem-2779	2	15	corporate	corporate	ADJ
fbem-2779	2	16	low‐carbon	low‐carbon	NOUN
fbem-2779	2	17	value	value	NOUN
fbem-2779	2	18	creation	creation	NOUN
fbem-2779	2	19	jinhan	jinhan	PROPN
fbem-2779	2	20	yu	yu	PROPN
fbem-2779	2	21	*	*	PROPN
fbem-2779	2	22	school	school	NOUN
fbem-2779	2	23	of	of	ADP
fbem-2779	2	24	management	management	NOUN
fbem-2779	2	25	,	,	PUNCT
fbem-2779	2	26	jiangsu	jiangsu	PROPN
fbem-2779	2	27	university	university	PROPN
fbem-2779	2	28	,	,	PUNCT
fbem-2779	2	29	zhenjiang	zhenjiang	PROPN
fbem-2779	2	30	212013	212013	NUM
fbem-2779	2	31	,	,	PUNCT
fbem-2779	2	32	china	china	PROPN
fbem-2779	2	33	abstract	abstract	PROPN
fbem-2779	2	34	:	:	PUNCT
fbem-2779	2	35	with	with	ADP
fbem-2779	2	36	global	global	ADJ
fbem-2779	2	37	warming	warming	NOUN
fbem-2779	2	38	,	,	PUNCT
fbem-2779	2	39	governments	government	NOUN
fbem-2779	2	40	have	have	AUX
fbem-2779	2	41	introduced	introduce	VERB
fbem-2779	2	42	carbon	carbon	NOUN
fbem-2779	2	43	emission	emission	NOUN
fbem-2779	2	44	reduction	reduction	NOUN
fbem-2779	2	45	policies	policy	NOUN
fbem-2779	2	46	,	,	PUNCT
fbem-2779	2	47	among	among	ADP
fbem-2779	2	48	which	which	PRON
fbem-2779	2	49	carbon	carbon	NOUN
fbem-2779	2	50	capand	capand	NOUN
fbem-2779	2	51	-	-	PUNCT
fbem-2779	2	52	trade	trade	NOUN
fbem-2779	2	53	policies	policy	NOUN
fbem-2779	2	54	have	have	AUX
fbem-2779	2	55	been	be	AUX
fbem-2779	2	56	implemented	implement	VERB
fbem-2779	2	57	with	with	ADP
fbem-2779	2	58	remarkable	remarkable	ADJ
fbem-2779	2	59	effects	effect	NOUN
fbem-2779	2	60	.	.	PUNCT
fbem-2779	3	1	as	as	ADP
fbem-2779	3	2	the	the	DET
fbem-2779	3	3	main	main	ADJ
fbem-2779	3	4	carrier	carrier	NOUN
fbem-2779	3	5	of	of	ADP
fbem-2779	3	6	carbon	carbon	NOUN
fbem-2779	3	7	emissions	emission	NOUN
fbem-2779	3	8	,	,	PUNCT
fbem-2779	3	9	cap	cap	NOUN
fbem-2779	3	10	-	-	PUNCT
fbem-2779	3	11	and	and	CCONJ
fbem-2779	3	12	-	-	PUNCT
fbem-2779	3	13	trade	trade	NOUN
fbem-2779	3	14	policies	policy	NOUN
fbem-2779	3	15	greatly	greatly	ADV
fbem-2779	3	16	affect	affect	VERB
fbem-2779	3	17	their	their	PRON
fbem-2779	3	18	operational	operational	ADJ
fbem-2779	3	19	objectives	objective	NOUN
fbem-2779	3	20	and	and	CCONJ
fbem-2779	3	21	decision	decision	NOUN
fbem-2779	3	22	-	-	PUNCT
fbem-2779	3	23	making	make	VERB
fbem-2779	3	24	environment	environment	NOUN
fbem-2779	3	25	.	.	PUNCT
fbem-2779	4	1	through	through	ADP
fbem-2779	4	2	literature	literature	PROPN
fbem-2779	4	3	review	review	PROPN
fbem-2779	4	4	,	,	PUNCT
fbem-2779	4	5	it	it	PRON
fbem-2779	4	6	can	can	AUX
fbem-2779	4	7	be	be	AUX
fbem-2779	4	8	determined	determine	VERB
fbem-2779	4	9	that	that	SCONJ
fbem-2779	4	10	carbon	carbon	NOUN
fbem-2779	4	11	information	information	NOUN
fbem-2779	4	12	disclosure	disclosure	NOUN
fbem-2779	4	13	and	and	CCONJ
fbem-2779	4	14	increasing	increase	VERB
fbem-2779	4	15	carbon	carbon	NOUN
fbem-2779	4	16	assets	asset	NOUN
fbem-2779	4	17	can	can	AUX
fbem-2779	4	18	enhance	enhance	VERB
fbem-2779	4	19	the	the	DET
fbem-2779	4	20	value	value	NOUN
fbem-2779	4	21	of	of	ADP
fbem-2779	4	22	enterprises	enterprise	NOUN
fbem-2779	4	23	,	,	PUNCT
fbem-2779	4	24	and	and	CCONJ
fbem-2779	4	25	thus	thus	ADV
fbem-2779	4	26	improve	improve	VERB
fbem-2779	4	27	their	their	PRON
fbem-2779	4	28	competitiveness	competitiveness	NOUN
fbem-2779	4	29	in	in	ADP
fbem-2779	4	30	the	the	DET
fbem-2779	4	31	market	market	NOUN
fbem-2779	4	32	.	.	PUNCT
fbem-2779	5	1	finally	finally	ADV
fbem-2779	5	2	,	,	PUNCT
fbem-2779	5	3	the	the	DET
fbem-2779	5	4	limitations	limitation	NOUN
fbem-2779	5	5	in	in	ADP
fbem-2779	5	6	the	the	DET
fbem-2779	5	7	existing	exist	VERB
fbem-2779	5	8	research	research	NOUN
fbem-2779	5	9	are	be	AUX
fbem-2779	5	10	described	describe	VERB
fbem-2779	5	11	and	and	CCONJ
fbem-2779	5	12	future	future	ADJ
fbem-2779	5	13	research	research	NOUN
fbem-2779	5	14	directions	direction	NOUN
fbem-2779	5	15	are	be	AUX
fbem-2779	5	16	provided	provide	VERB
fbem-2779	5	17	.	.	PUNCT
fbem-2779	6	1	keywords	keyword	NOUN
fbem-2779	6	2	:	:	PUNCT
fbem-2779	6	3	cap	cap	NOUN
fbem-2779	6	4	-	-	PUNCT
fbem-2779	6	5	and	and	CCONJ
fbem-2779	6	6	-	-	PUNCT
fbem-2779	6	7	trade	trade	NOUN
fbem-2779	6	8	policy	policy	NOUN
fbem-2779	6	9	,	,	PUNCT
fbem-2779	6	10	corporate	corporate	ADJ
fbem-2779	6	11	value	value	NOUN
fbem-2779	6	12	,	,	PUNCT
fbem-2779	6	13	creation	creation	NOUN
fbem-2779	6	14	.	.	PUNCT
fbem-2779	7	1	1	1	X
fbem-2779	7	2	.	.	X
fbem-2779	7	3	background	background	NOUN
fbem-2779	7	4	of	of	ADP
fbem-2779	7	5	the	the	DET
fbem-2779	7	6	study	study	NOUN
fbem-2779	7	7	as	as	ADP
fbem-2779	7	8	the	the	DET
fbem-2779	7	9	main	main	ADJ
fbem-2779	7	10	cause	cause	NOUN
fbem-2779	7	11	of	of	ADP
fbem-2779	7	12	global	global	ADJ
fbem-2779	7	13	warming	warming	NOUN
fbem-2779	7	14	,	,	PUNCT
fbem-2779	7	15	carbon	carbon	NOUN
fbem-2779	7	16	emissions	emission	NOUN
fbem-2779	7	17	have	have	AUX
fbem-2779	7	18	posed	pose	VERB
fbem-2779	7	19	a	a	DET
fbem-2779	7	20	serious	serious	ADJ
fbem-2779	7	21	danger	danger	NOUN
fbem-2779	7	22	to	to	ADP
fbem-2779	7	23	the	the	DET
fbem-2779	7	24	global	global	ADJ
fbem-2779	7	25	ecosystem	ecosystem	NOUN
fbem-2779	7	26	and	and	CCONJ
fbem-2779	7	27	the	the	DET
fbem-2779	7	28	survival	survival	NOUN
fbem-2779	7	29	and	and	CCONJ
fbem-2779	7	30	development	development	NOUN
fbem-2779	7	31	of	of	ADP
fbem-2779	7	32	human	human	ADJ
fbem-2779	7	33	beings	being	NOUN
fbem-2779	7	34	themselves	themselves	PRON
fbem-2779	7	35	,	,	PUNCT
fbem-2779	7	36	which	which	PRON
fbem-2779	7	37	has	have	AUX
fbem-2779	7	38	forced	force	VERB
fbem-2779	7	39	people	people	NOUN
fbem-2779	7	40	to	to	PART
fbem-2779	7	41	pay	pay	VERB
fbem-2779	7	42	more	more	ADJ
fbem-2779	7	43	and	and	CCONJ
fbem-2779	7	44	more	more	ADJ
fbem-2779	7	45	attention	attention	NOUN
fbem-2779	7	46	to	to	ADP
fbem-2779	7	47	environmental	environmental	ADJ
fbem-2779	7	48	issues	issue	NOUN
fbem-2779	7	49	.	.	PUNCT
fbem-2779	8	1	for	for	ADP
fbem-2779	8	2	this	this	DET
fbem-2779	8	3	reason	reason	NOUN
fbem-2779	8	4	,	,	PUNCT
fbem-2779	8	5	governments	government	NOUN
fbem-2779	8	6	have	have	AUX
fbem-2779	8	7	issued	issue	VERB
fbem-2779	8	8	a	a	DET
fbem-2779	8	9	series	series	NOUN
fbem-2779	8	10	of	of	ADP
fbem-2779	8	11	corresponding	correspond	VERB
fbem-2779	8	12	carbon	carbon	NOUN
fbem-2779	8	13	regulations	regulation	NOUN
fbem-2779	8	14	,	,	PUNCT
fbem-2779	8	15	among	among	ADP
fbem-2779	8	16	which	which	PRON
fbem-2779	8	17	cap	cap	NOUN
fbem-2779	8	18	-	-	PUNCT
fbem-2779	8	19	and	and	CCONJ
fbem-2779	8	20	-	-	PUNCT
fbem-2779	8	21	trade	trade	NOUN
fbem-2779	8	22	policy	policy	NOUN
fbem-2779	8	23	is	be	AUX
fbem-2779	8	24	regarded	regard	VERB
fbem-2779	8	25	as	as	ADP
fbem-2779	8	26	an	an	DET
fbem-2779	8	27	effective	effective	ADJ
fbem-2779	8	28	market	market	NOUN
fbem-2779	8	29	mechanism	mechanism	NOUN
fbem-2779	8	30	to	to	PART
fbem-2779	8	31	solve	solve	VERB
fbem-2779	8	32	the	the	DET
fbem-2779	8	33	problem	problem	NOUN
fbem-2779	8	34	of	of	ADP
fbem-2779	8	35	carbon	carbon	NOUN
fbem-2779	8	36	dioxide	dioxide	NOUN
fbem-2779	8	37	as	as	ADP
fbem-2779	8	38	the	the	DET
fbem-2779	8	39	representative	representative	ADJ
fbem-2779	8	40	greenhouse	greenhouse	NOUN
fbem-2779	8	41	gas	gas	NOUN
fbem-2779	8	42	emission	emission	NOUN
fbem-2779	8	43	reduction	reduction	NOUN
fbem-2779	8	44	.	.	PUNCT
fbem-2779	9	1	from	from	ADP
fbem-2779	9	2	the	the	DET
fbem-2779	9	3	kyoto	kyoto	PROPN
fbem-2779	9	4	protocol	protocol	PROPN
fbem-2779	9	5	reached	reach	VERB
fbem-2779	9	6	in	in	ADP
fbem-2779	9	7	1997	1997	NUM
fbem-2779	9	8	to	to	PART
fbem-2779	9	9	introduce	introduce	VERB
fbem-2779	9	10	the	the	DET
fbem-2779	9	11	market	market	NOUN
fbem-2779	9	12	mechanism	mechanism	NOUN
fbem-2779	9	13	to	to	PART
fbem-2779	9	14	solve	solve	VERB
fbem-2779	9	15	the	the	DET
fbem-2779	9	16	problem	problem	NOUN
fbem-2779	9	17	of	of	ADP
fbem-2779	9	18	carbon	carbon	NOUN
fbem-2779	9	19	emission	emission	NOUN
fbem-2779	9	20	reduction	reduction	NOUN
fbem-2779	9	21	,	,	PUNCT
fbem-2779	9	22	to	to	ADP
fbem-2779	9	23	the	the	DET
fbem-2779	9	24	eu	eu	PROPN
fbem-2779	9	25	taking	take	VERB
fbem-2779	9	26	the	the	DET
fbem-2779	9	27	lead	lead	NOUN
fbem-2779	9	28	in	in	ADP
fbem-2779	9	29	establishing	establish	VERB
fbem-2779	9	30	the	the	DET
fbem-2779	9	31	emission	emission	NOUN
fbem-2779	9	32	trading	trading	NOUN
fbem-2779	9	33	mechanism	mechanism	NOUN
fbem-2779	9	34	(	(	PUNCT
fbem-2779	9	35	eu	eu	NOUN
fbem-2779	9	36	-	-	NOUN
fbem-2779	9	37	ets	et	NOUN
fbem-2779	9	38	)	)	PUNCT
fbem-2779	9	39	.	.	PUNCT
fbem-2779	10	1	as	as	ADP
fbem-2779	10	2	the	the	DET
fbem-2779	10	3	number	number	NOUN
fbem-2779	10	4	one	one	NUM
fbem-2779	10	5	emitter	emitter	NOUN
fbem-2779	10	6	of	of	ADP
fbem-2779	10	7	greenhouse	greenhouse	NOUN
fbem-2779	10	8	gases	gas	NOUN
fbem-2779	10	9	,	,	PUNCT
fbem-2779	10	10	the	the	DET
fbem-2779	10	11	chinese	chinese	ADJ
fbem-2779	10	12	government	government	NOUN
fbem-2779	10	13	also	also	ADV
fbem-2779	10	14	launched	launch	VERB
fbem-2779	10	15	seven	seven	NUM
fbem-2779	10	16	carbon	carbon	NOUN
fbem-2779	10	17	trading	trading	NOUN
fbem-2779	10	18	pilots	pilot	NOUN
fbem-2779	10	19	in	in	ADP
fbem-2779	10	20	beijing	beijing	PROPN
fbem-2779	10	21	,	,	PUNCT
fbem-2779	10	22	shanghai	shanghai	PROPN
fbem-2779	10	23	,	,	PUNCT
fbem-2779	10	24	tianjin	tianjin	PROPN
fbem-2779	10	25	,	,	PUNCT
fbem-2779	10	26	chongqing	chongqing	PROPN
fbem-2779	10	27	,	,	PUNCT
fbem-2779	10	28	guangdong	guangdong	PROPN
fbem-2779	10	29	,	,	PUNCT
fbem-2779	10	30	shenzhen	shenzhen	PROPN
fbem-2779	10	31	and	and	CCONJ
fbem-2779	10	32	hubei	hubei	PROPN
fbem-2779	10	33	in	in	ADP
fbem-2779	10	34	2013	2013	NUM
fbem-2779	10	35	,	,	PUNCT
fbem-2779	10	36	and	and	CCONJ
fbem-2779	10	37	formally	formally	ADV
fbem-2779	10	38	launched	launch	VERB
fbem-2779	10	39	the	the	DET
fbem-2779	10	40	national	national	ADJ
fbem-2779	10	41	carbon	carbon	NOUN
fbem-2779	10	42	market	market	NOUN
fbem-2779	10	43	trading	trading	NOUN
fbem-2779	10	44	in	in	ADP
fbem-2779	10	45	2021	2021	NUM
fbem-2779	10	46	to	to	PART
fbem-2779	10	47	initially	initially	ADV
fbem-2779	10	48	establish	establish	VERB
fbem-2779	10	49	a	a	DET
fbem-2779	10	50	carbon	carbon	NOUN
fbem-2779	10	51	trading	trading	NOUN
fbem-2779	10	52	system	system	NOUN
fbem-2779	10	53	.	.	PUNCT
fbem-2779	11	1	this	this	PRON
fbem-2779	11	2	greatly	greatly	ADV
fbem-2779	11	3	responds	respond	VERB
fbem-2779	11	4	to	to	ADP
fbem-2779	11	5	the	the	DET
fbem-2779	11	6	new	new	ADJ
fbem-2779	11	7	concept	concept	NOUN
fbem-2779	11	8	of	of	ADP
fbem-2779	11	9	global	global	ADJ
fbem-2779	11	10	climate	climate	NOUN
fbem-2779	11	11	governance	governance	NOUN
fbem-2779	11	12	and	and	CCONJ
fbem-2779	11	13	low	low	ADJ
fbem-2779	11	14	-	-	PUNCT
fbem-2779	11	15	carbon	carbon	NOUN
fbem-2779	11	16	development	development	NOUN
fbem-2779	11	17	,	,	PUNCT
fbem-2779	11	18	and	and	CCONJ
fbem-2779	11	19	also	also	ADV
fbem-2779	11	20	has	have	VERB
fbem-2779	11	21	a	a	DET
fbem-2779	11	22	wide	wide	ADJ
fbem-2779	11	23	and	and	CCONJ
fbem-2779	11	24	farreaching	farreaching	ADJ
fbem-2779	11	25	impact	impact	NOUN
fbem-2779	11	26	on	on	ADP
fbem-2779	11	27	the	the	DET
fbem-2779	11	28	social	social	ADJ
fbem-2779	11	29	and	and	CCONJ
fbem-2779	11	30	economic	economic	ADJ
fbem-2779	11	31	operation	operation	NOUN
fbem-2779	11	32	,	,	PUNCT
fbem-2779	11	33	reshaping	reshape	VERB
fbem-2779	11	34	the	the	DET
fbem-2779	11	35	macro	macro	ADJ
fbem-2779	11	36	-	-	ADJ
fbem-2779	11	37	economic	economic	ADJ
fbem-2779	11	38	operation	operation	NOUN
fbem-2779	11	39	and	and	CCONJ
fbem-2779	11	40	microenterprise	microenterprise	NOUN
fbem-2779	11	41	production	production	NOUN
fbem-2779	11	42	and	and	CCONJ
fbem-2779	11	43	operation	operation	NOUN
fbem-2779	11	44	patterns	pattern	NOUN
fbem-2779	11	45	.	.	PUNCT
fbem-2779	12	1	as	as	ADP
fbem-2779	12	2	the	the	DET
fbem-2779	12	3	main	main	ADJ
fbem-2779	12	4	responsibility	responsibility	NOUN
fbem-2779	12	5	of	of	ADP
fbem-2779	12	6	carbon	carbon	NOUN
fbem-2779	12	7	emission	emission	NOUN
fbem-2779	12	8	reduction	reduction	NOUN
fbem-2779	12	9	,	,	PUNCT
fbem-2779	12	10	enterprises	enterprise	NOUN
fbem-2779	12	11	will	will	AUX
fbem-2779	12	12	play	play	VERB
fbem-2779	12	13	a	a	DET
fbem-2779	12	14	pivotal	pivotal	ADJ
fbem-2779	12	15	role	role	NOUN
fbem-2779	12	16	in	in	ADP
fbem-2779	12	17	low	low	ADJ
fbem-2779	12	18	-	-	PUNCT
fbem-2779	12	19	carbon	carbon	NOUN
fbem-2779	12	20	transition	transition	NOUN
fbem-2779	12	21	development	development	NOUN
fbem-2779	12	22	,	,	PUNCT
fbem-2779	12	23	and	and	CCONJ
fbem-2779	12	24	their	their	PRON
fbem-2779	12	25	ability	ability	NOUN
fbem-2779	12	26	to	to	PART
fbem-2779	12	27	create	create	VERB
fbem-2779	12	28	low	low	ADJ
fbem-2779	12	29	-	-	PUNCT
fbem-2779	12	30	carbon	carbon	NOUN
fbem-2779	12	31	value	value	NOUN
fbem-2779	12	32	and	and	CCONJ
fbem-2779	12	33	its	its	PRON
fbem-2779	12	34	realization	realization	NOUN
fbem-2779	12	35	strategy	strategy	NOUN
fbem-2779	12	36	is	be	AUX
fbem-2779	12	37	the	the	DET
fbem-2779	12	38	key	key	NOUN
fbem-2779	12	39	to	to	ADP
fbem-2779	12	40	low	low	ADJ
fbem-2779	12	41	-	-	PUNCT
fbem-2779	12	42	carbon	carbon	NOUN
fbem-2779	12	43	development	development	NOUN
fbem-2779	12	44	.	.	PUNCT
fbem-2779	13	1	the	the	DET
fbem-2779	13	2	establishment	establishment	NOUN
fbem-2779	13	3	of	of	ADP
fbem-2779	13	4	the	the	DET
fbem-2779	13	5	government	government	NOUN
fbem-2779	13	6	carbon	carbon	NOUN
fbem-2779	13	7	market	market	NOUN
fbem-2779	13	8	mechanism	mechanism	NOUN
fbem-2779	13	9	is	be	AUX
fbem-2779	13	10	not	not	PART
fbem-2779	13	11	only	only	ADV
fbem-2779	13	12	to	to	PART
fbem-2779	13	13	"	"	PUNCT
fbem-2779	13	14	buy	buy	VERB
fbem-2779	13	15	more	more	ADJ
fbem-2779	13	16	emissions	emission	NOUN
fbem-2779	13	17	"	"	PUNCT
fbem-2779	13	18	or	or	CCONJ
fbem-2779	13	19	"	"	PUNCT
fbem-2779	13	20	sell	sell	VERB
fbem-2779	13	21	emissions	emission	NOUN
fbem-2779	13	22	"	"	PUNCT
fbem-2779	13	23	,	,	PUNCT
fbem-2779	13	24	but	but	CCONJ
fbem-2779	13	25	also	also	ADV
fbem-2779	13	26	to	to	PART
fbem-2779	13	27	form	form	VERB
fbem-2779	13	28	a	a	DET
fbem-2779	13	29	push	push	NOUN
fbem-2779	13	30	-	-	PUNCT
fbem-2779	13	31	back	back	NOUN
fbem-2779	13	32	and	and	CCONJ
fbem-2779	13	33	incentive	incentive	NOUN
fbem-2779	13	34	mechanism	mechanism	NOUN
fbem-2779	13	35	to	to	PART
fbem-2779	13	36	promote	promote	VERB
fbem-2779	13	37	energy	energy	NOUN
fbem-2779	13	38	saving	saving	NOUN
fbem-2779	13	39	and	and	CCONJ
fbem-2779	13	40	emission	emission	NOUN
fbem-2779	13	41	reduction	reduction	NOUN
fbem-2779	13	42	in	in	ADP
fbem-2779	13	43	the	the	DET
fbem-2779	13	44	whole	whole	ADJ
fbem-2779	13	45	society	society	NOUN
fbem-2779	13	46	,	,	PUNCT
fbem-2779	13	47	so	so	SCONJ
fbem-2779	13	48	as	as	SCONJ
fbem-2779	13	49	to	to	PART
fbem-2779	13	50	achieve	achieve	VERB
fbem-2779	13	51	both	both	CCONJ
fbem-2779	13	52	economic	economic	ADJ
fbem-2779	13	53	and	and	CCONJ
fbem-2779	13	54	environmental	environmental	ADJ
fbem-2779	13	55	goals	goal	NOUN
fbem-2779	13	56	.	.	PUNCT
fbem-2779	14	1	therefore	therefore	ADV
fbem-2779	14	2	,	,	PUNCT
fbem-2779	14	3	an	an	DET
fbem-2779	14	4	effective	effective	ADJ
fbem-2779	14	5	system	system	NOUN
fbem-2779	14	6	should	should	AUX
fbem-2779	14	7	be	be	AUX
fbem-2779	14	8	designed	design	VERB
fbem-2779	14	9	to	to	PART
fbem-2779	14	10	enable	enable	VERB
fbem-2779	14	11	enterprises	enterprise	NOUN
fbem-2779	14	12	to	to	PART
fbem-2779	14	13	profit	profit	VERB
fbem-2779	14	14	from	from	ADP
fbem-2779	14	15	the	the	DET
fbem-2779	14	16	transaction	transaction	NOUN
fbem-2779	14	17	,	,	PUNCT
fbem-2779	14	18	so	so	SCONJ
fbem-2779	14	19	that	that	SCONJ
fbem-2779	14	20	they	they	PRON
fbem-2779	14	21	have	have	VERB
fbem-2779	14	22	the	the	DET
fbem-2779	14	23	incentive	incentive	NOUN
fbem-2779	14	24	to	to	PART
fbem-2779	14	25	take	take	VERB
fbem-2779	14	26	the	the	DET
fbem-2779	14	27	initiative	initiative	NOUN
fbem-2779	14	28	to	to	PART
fbem-2779	14	29	reduce	reduce	VERB
fbem-2779	14	30	emissions	emission	NOUN
fbem-2779	14	31	and	and	CCONJ
fbem-2779	14	32	upgrade	upgrade	VERB
fbem-2779	14	33	their	their	PRON
fbem-2779	14	34	technology	technology	NOUN
fbem-2779	14	35	.	.	PUNCT
fbem-2779	15	1	so	so	ADV
fbem-2779	15	2	,	,	PUNCT
fbem-2779	15	3	what	what	PRON
fbem-2779	15	4	are	be	AUX
fbem-2779	15	5	the	the	DET
fbem-2779	15	6	new	new	ADJ
fbem-2779	15	7	considerations	consideration	NOUN
fbem-2779	15	8	for	for	ADP
fbem-2779	15	9	enterprise	enterprise	NOUN
fbem-2779	15	10	valuation	valuation	NOUN
fbem-2779	15	11	when	when	SCONJ
fbem-2779	15	12	considering	consider	VERB
fbem-2779	15	13	the	the	DET
fbem-2779	15	14	carbon	carbon	NOUN
fbem-2779	15	15	trading	trading	NOUN
fbem-2779	15	16	market	market	NOUN
fbem-2779	15	17	?	?	PUNCT
fbem-2779	16	1	2	2	X
fbem-2779	16	2	.	.	X
fbem-2779	16	3	the	the	DET
fbem-2779	16	4	formation	formation	NOUN
fbem-2779	16	5	and	and	CCONJ
fbem-2779	16	6	development	development	NOUN
fbem-2779	16	7	of	of	ADP
fbem-2779	16	8	corporate	corporate	ADJ
fbem-2779	16	9	low	low	ADJ
fbem-2779	16	10	-	-	PUNCT
fbem-2779	16	11	carbon	carbon	NOUN
fbem-2779	16	12	values	value	NOUN
fbem-2779	16	13	with	with	ADP
fbem-2779	16	14	the	the	DET
fbem-2779	16	15	development	development	NOUN
fbem-2779	16	16	of	of	ADP
fbem-2779	16	17	low	low	ADJ
fbem-2779	16	18	-	-	PUNCT
fbem-2779	16	19	carbon	carbon	NOUN
fbem-2779	16	20	economy	economy	NOUN
fbem-2779	16	21	,	,	PUNCT
fbem-2779	16	22	enterprises	enterprise	NOUN
fbem-2779	16	23	should	should	AUX
fbem-2779	16	24	follow	follow	VERB
fbem-2779	16	25	the	the	DET
fbem-2779	16	26	development	development	NOUN
fbem-2779	16	27	model	model	NOUN
fbem-2779	16	28	of	of	ADP
fbem-2779	16	29	low	low	ADJ
fbem-2779	16	30	-	-	PUNCT
fbem-2779	16	31	carbon	carbon	NOUN
fbem-2779	16	32	economy	economy	NOUN
fbem-2779	16	33	and	and	CCONJ
fbem-2779	16	34	change	change	VERB
fbem-2779	16	35	their	their	PRON
fbem-2779	16	36	corporate	corporate	ADJ
fbem-2779	16	37	values	value	NOUN
fbem-2779	16	38	.	.	PUNCT
fbem-2779	17	1	the	the	DET
fbem-2779	17	2	external	external	ADJ
fbem-2779	17	3	forces	force	NOUN
fbem-2779	17	4	that	that	PRON
fbem-2779	17	5	promote	promote	VERB
fbem-2779	17	6	the	the	DET
fbem-2779	17	7	change	change	NOUN
fbem-2779	17	8	of	of	ADP
fbem-2779	17	9	corporate	corporate	ADJ
fbem-2779	17	10	values	value	NOUN
fbem-2779	17	11	are	be	AUX
fbem-2779	17	12	summarized	summarize	VERB
fbem-2779	17	13	into	into	ADP
fbem-2779	17	14	four	four	NUM
fbem-2779	17	15	categories	category	NOUN
fbem-2779	17	16	:	:	PUNCT
fbem-2779	17	17	government	government	NOUN
fbem-2779	17	18	policy	policy	NOUN
fbem-2779	17	19	guidance	guidance	NOUN
fbem-2779	17	20	,	,	PUNCT
fbem-2779	17	21	low	low	ADJ
fbem-2779	17	22	-	-	PUNCT
fbem-2779	17	23	carbon	carbon	NOUN
fbem-2779	17	24	technology	technology	NOUN
fbem-2779	17	25	of	of	ADP
fbem-2779	17	26	industry	industry	NOUN
fbem-2779	17	27	,	,	PUNCT
fbem-2779	17	28	public	public	ADJ
fbem-2779	17	29	opinion	opinion	NOUN
fbem-2779	17	30	pressure	pressure	NOUN
fbem-2779	17	31	,	,	PUNCT
fbem-2779	17	32	and	and	CCONJ
fbem-2779	17	33	low	low	ADJ
fbem-2779	17	34	-	-	PUNCT
fbem-2779	17	35	carbon	carbon	NOUN
fbem-2779	17	36	demand	demand	NOUN
fbem-2779	17	37	of	of	ADP
fbem-2779	17	38	consumers	consumer	NOUN
fbem-2779	17	39	.	.	PUNCT
fbem-2779	18	1	internal	internal	ADJ
fbem-2779	18	2	forces	force	NOUN
fbem-2779	18	3	on	on	ADP
fbem-2779	18	4	the	the	DET
fbem-2779	18	5	creation	creation	NOUN
fbem-2779	18	6	of	of	ADP
fbem-2779	18	7	corporate	corporate	ADJ
fbem-2779	18	8	value	value	NOUN
fbem-2779	18	9	,	,	PUNCT
fbem-2779	18	10	expressed	express	VERB
fbem-2779	18	11	in	in	ADP
fbem-2779	18	12	the	the	DET
fbem-2779	18	13	formation	formation	NOUN
fbem-2779	18	14	of	of	ADP
fbem-2779	18	15	corporate	corporate	ADJ
fbem-2779	18	16	low	low	ADJ
fbem-2779	18	17	-	-	PUNCT
fbem-2779	18	18	carbon	carbon	NOUN
fbem-2779	18	19	values	value	NOUN
fbem-2779	18	20	,	,	PUNCT
fbem-2779	18	21	can	can	AUX
fbem-2779	18	22	effectively	effectively	ADV
fbem-2779	18	23	help	help	VERB
fbem-2779	18	24	enterprises	enterprise	NOUN
fbem-2779	18	25	to	to	PART
fbem-2779	18	26	establish	establish	VERB
fbem-2779	18	27	a	a	DET
fbem-2779	18	28	low	low	ADJ
fbem-2779	18	29	-	-	PUNCT
fbem-2779	18	30	carbon	carbon	NOUN
fbem-2779	18	31	image	image	NOUN
fbem-2779	18	32	,	,	PUNCT
fbem-2779	18	33	enhance	enhance	VERB
fbem-2779	18	34	core	core	NOUN
fbem-2779	18	35	competitiveness	competitiveness	NOUN
fbem-2779	18	36	,	,	PUNCT
fbem-2779	18	37	reduce	reduce	VERB
fbem-2779	18	38	energy	energy	NOUN
fbem-2779	18	39	consumption	consumption	NOUN
fbem-2779	18	40	,	,	PUNCT
fbem-2779	18	41	reduce	reduce	VERB
fbem-2779	18	42	carbon	carbon	NOUN
fbem-2779	18	43	emissions	emission	NOUN
fbem-2779	18	44	and	and	CCONJ
fbem-2779	18	45	environmental	environmental	ADJ
fbem-2779	18	46	pollution	pollution	NOUN
fbem-2779	18	47	while	while	SCONJ
fbem-2779	18	48	achieving	achieve	VERB
fbem-2779	18	49	the	the	DET
fbem-2779	18	50	unity	unity	NOUN
fbem-2779	18	51	of	of	ADP
fbem-2779	18	52	economic	economic	ADJ
fbem-2779	18	53	,	,	PUNCT
fbem-2779	18	54	social	social	ADJ
fbem-2779	18	55	and	and	CCONJ
fbem-2779	18	56	environmental	environmental	ADJ
fbem-2779	18	57	interests	interest	NOUN
fbem-2779	18	58	of	of	ADP
fbem-2779	18	59	enterprises	enterprise	NOUN
fbem-2779	18	60	.	.	PUNCT
fbem-2779	19	1	song	song	NOUN
fbem-2779	19	2	et	et	PROPN
fbem-2779	19	3	al	al	PROPN
fbem-2779	19	4	.	.	PROPN
fbem-2779	20	1	(	(	PUNCT
fbem-2779	20	2	2015	2015	NUM
fbem-2779	20	3	)	)	PUNCT
fbem-2779	20	4	argue	argue	VERB
fbem-2779	20	5	that	that	SCONJ
fbem-2779	20	6	low	low	ADJ
fbem-2779	20	7	-	-	PUNCT
fbem-2779	20	8	carbon	carbon	NOUN
fbem-2779	20	9	management	management	NOUN
fbem-2779	20	10	behavior	behavior	NOUN
fbem-2779	20	11	of	of	ADP
fbem-2779	20	12	enterprises	enterprise	NOUN
fbem-2779	20	13	can	can	AUX
fbem-2779	20	14	improve	improve	VERB
fbem-2779	20	15	the	the	DET
fbem-2779	20	16	relationship	relationship	NOUN
fbem-2779	20	17	between	between	ADP
fbem-2779	20	18	enterprise	enterprise	NOUN
fbem-2779	20	19	stakeholders	stakeholder	NOUN
fbem-2779	20	20	,	,	PUNCT
fbem-2779	20	21	achieve	achieve	VERB
fbem-2779	20	22	sustainable	sustainable	ADJ
fbem-2779	20	23	development	development	NOUN
fbem-2779	20	24	,	,	PUNCT
fbem-2779	20	25	and	and	CCONJ
fbem-2779	20	26	enhance	enhance	VERB
fbem-2779	20	27	enterprise	enterprise	NOUN
fbem-2779	20	28	value	value	NOUN
fbem-2779	20	29	.	.	PUNCT
fbem-2779	21	1	the	the	DET
fbem-2779	21	2	so	so	ADV
fbem-2779	21	3	-	-	PUNCT
fbem-2779	21	4	called	call	VERB
fbem-2779	21	5	corporate	corporate	ADJ
fbem-2779	21	6	lowcarbon	lowcarbon	NOUN
fbem-2779	21	7	management	management	NOUN
fbem-2779	21	8	refers	refer	VERB
fbem-2779	21	9	to	to	ADP
fbem-2779	21	10	a	a	DET
fbem-2779	21	11	new	new	ADJ
fbem-2779	21	12	management	management	NOUN
fbem-2779	21	13	model	model	NOUN
fbem-2779	21	14	in	in	ADP
fbem-2779	21	15	which	which	PRON
fbem-2779	21	16	enterprises	enterprise	NOUN
fbem-2779	21	17	aim	aim	VERB
fbem-2779	21	18	to	to	PART
fbem-2779	21	19	unify	unify	VERB
fbem-2779	21	20	benefits	benefit	NOUN
fbem-2779	21	21	and	and	CCONJ
fbem-2779	21	22	responsibilities	responsibility	NOUN
fbem-2779	21	23	based	base	VERB
fbem-2779	21	24	on	on	ADP
fbem-2779	21	25	low	low	ADJ
fbem-2779	21	26	-	-	PUNCT
fbem-2779	21	27	carbon	carbon	NOUN
fbem-2779	21	28	concepts	concept	NOUN
fbem-2779	21	29	,	,	PUNCT
fbem-2779	21	30	and	and	CCONJ
fbem-2779	21	31	take	take	VERB
fbem-2779	21	32	low	low	ADJ
fbem-2779	21	33	-	-	PUNCT
fbem-2779	21	34	carbon	carbon	NOUN
fbem-2779	21	35	technologies	technology	NOUN
fbem-2779	21	36	as	as	SCONJ
fbem-2779	21	37	the	the	DET
fbem-2779	21	38	core	core	NOUN
fbem-2779	21	39	to	to	PART
fbem-2779	21	40	reduce	reduce	VERB
fbem-2779	21	41	enterprise	enterprise	NOUN
fbem-2779	21	42	energy	energy	NOUN
fbem-2779	21	43	consumption	consumption	NOUN
fbem-2779	21	44	and	and	CCONJ
fbem-2779	21	45	achieve	achieve	VERB
fbem-2779	21	46	efficient	efficient	ADJ
fbem-2779	21	47	resource	resource	NOUN
fbem-2779	21	48	utilization	utilization	NOUN
fbem-2779	21	49	and	and	CCONJ
fbem-2779	21	50	win	win	NOUN
fbem-2779	21	51	-	-	PUNCT
fbem-2779	21	52	win	win	NOUN
fbem-2779	21	53	economic	economic	ADJ
fbem-2779	21	54	and	and	CCONJ
fbem-2779	21	55	environmental	environmental	ADJ
fbem-2779	21	56	benefits	benefit	NOUN
fbem-2779	21	57	.	.	PUNCT
fbem-2779	22	1	aquilani	aquilani	PROPN
fbem-2779	22	2	et	et	PROPN
fbem-2779	22	3	al	al	PROPN
fbem-2779	22	4	.	.	PROPN
fbem-2779	23	1	(	(	PUNCT
fbem-2779	23	2	2017	2017	NUM
fbem-2779	23	3	)	)	PUNCT
fbem-2779	23	4	consider	consider	VERB
fbem-2779	23	5	the	the	DET
fbem-2779	23	6	value	value	NOUN
fbem-2779	23	7	co	co	NOUN
fbem-2779	23	8	-	-	NOUN
fbem-2779	23	9	creation	creation	ADJ
fbem-2779	23	10	approach	approach	NOUN
fbem-2779	23	11	from	from	ADP
fbem-2779	23	12	a	a	DET
fbem-2779	23	13	strategic	strategic	ADJ
fbem-2779	23	14	perspective	perspective	NOUN
fbem-2779	23	15	and	and	CCONJ
fbem-2779	23	16	incorporate	incorporate	VERB
fbem-2779	23	17	the	the	DET
fbem-2779	23	18	"	"	PUNCT
fbem-2779	23	19	corporate	corporate	ADJ
fbem-2779	23	20	sustainability	sustainability	NOUN
fbem-2779	23	21	orientation	orientation	NOUN
fbem-2779	23	22	theory	theory	NOUN
fbem-2779	23	23	"	"	PUNCT
fbem-2779	23	24	into	into	ADP
fbem-2779	23	25	which	which	PRON
fbem-2779	23	26	four	four	NUM
fbem-2779	23	27	dimensions	dimension	NOUN
fbem-2779	23	28	of	of	ADP
fbem-2779	23	29	inclusiveness	inclusiveness	NOUN
fbem-2779	23	30	,	,	PUNCT
fbem-2779	23	31	generation	generation	NOUN
fbem-2779	23	32	,	,	PUNCT
fbem-2779	23	33	linkage	linkage	NOUN
fbem-2779	23	34	and	and	CCONJ
fbem-2779	23	35	evolutionary	evolutionary	ADJ
fbem-2779	23	36	sustainability	sustainability	NOUN
fbem-2779	23	37	are	be	AUX
fbem-2779	23	38	incorporated	incorporate	VERB
fbem-2779	23	39	to	to	PART
fbem-2779	23	40	build	build	VERB
fbem-2779	23	41	corporate	corporate	ADJ
fbem-2779	23	42	sustainability	sustainability	NOUN
fbem-2779	23	43	strategies	strategy	NOUN
fbem-2779	23	44	to	to	PART
fbem-2779	23	45	achieve	achieve	VERB
fbem-2779	23	46	corporate	corporate	ADJ
fbem-2779	23	47	low	low	ADJ
fbem-2779	23	48	-	-	PUNCT
fbem-2779	23	49	carbon	carbon	NOUN
fbem-2779	23	50	economic	economic	ADJ
fbem-2779	23	51	transformation	transformation	NOUN
fbem-2779	23	52	.	.	PUNCT
fbem-2779	24	1	under	under	ADP
fbem-2779	24	2	this	this	DET
fbem-2779	24	3	situation	situation	NOUN
fbem-2779	24	4	,	,	PUNCT
fbem-2779	24	5	enterprises	enterprise	NOUN
fbem-2779	24	6	have	have	AUX
fbem-2779	24	7	started	start	VERB
fbem-2779	24	8	to	to	PART
fbem-2779	24	9	transform	transform	VERB
fbem-2779	24	10	to	to	ADP
fbem-2779	24	11	low	low	ADJ
fbem-2779	24	12	carbon	carbon	NOUN
fbem-2779	24	13	,	,	PUNCT
fbem-2779	24	14	and	and	CCONJ
fbem-2779	24	15	gradually	gradually	ADV
fbem-2779	24	16	formed	form	VERB
fbem-2779	24	17	corporate	corporate	ADJ
fbem-2779	24	18	low	low	ADJ
fbem-2779	24	19	carbon	carbon	NOUN
fbem-2779	24	20	values	value	NOUN
fbem-2779	24	21	by	by	ADP
fbem-2779	24	22	integrating	integrate	VERB
fbem-2779	24	23	low	low	ADJ
fbem-2779	24	24	carbon	carbon	NOUN
fbem-2779	24	25	development	development	NOUN
fbem-2779	24	26	into	into	ADP
fbem-2779	24	27	their	their	PRON
fbem-2779	24	28	corporate	corporate	ADJ
fbem-2779	24	29	values	value	NOUN
fbem-2779	24	30	while	while	SCONJ
fbem-2779	24	31	actively	actively	ADV
fbem-2779	24	32	fulfilling	fulfil	VERB
fbem-2779	24	33	their	their	PRON
fbem-2779	24	34	social	social	ADJ
fbem-2779	24	35	responsibilities	responsibility	NOUN
fbem-2779	24	36	.	.	PUNCT
fbem-2779	25	1	the	the	DET
fbem-2779	25	2	so	so	ADV
fbem-2779	25	3	-	-	PUNCT
fbem-2779	25	4	called	call	VERB
fbem-2779	25	5	corporate	corporate	ADJ
fbem-2779	25	6	low	low	ADJ
fbem-2779	25	7	-	-	PUNCT
fbem-2779	25	8	carbon	carbon	NOUN
fbem-2779	25	9	value	value	NOUN
fbem-2779	25	10	refers	refer	VERB
fbem-2779	25	11	to	to	ADP
fbem-2779	25	12	the	the	DET
fbem-2779	25	13	measure	measure	NOUN
fbem-2779	25	14	of	of	ADP
fbem-2779	25	15	the	the	DET
fbem-2779	25	16	enterprise	enterprise	NOUN
fbem-2779	25	17	's	's	PART
fbem-2779	25	18	contribution	contribution	NOUN
fbem-2779	25	19	to	to	ADP
fbem-2779	25	20	the	the	DET
fbem-2779	25	21	win	win	NOUN
fbem-2779	25	22	-	-	PUNCT
fbem-2779	25	23	win	win	NOUN
fbem-2779	25	24	situation	situation	NOUN
fbem-2779	25	25	of	of	ADP
fbem-2779	25	26	the	the	DET
fbem-2779	25	27	whole	whole	ADJ
fbem-2779	25	28	industry	industry	NOUN
fbem-2779	25	29	ecosystem	ecosystem	NOUN
fbem-2779	25	30	,	,	PUNCT
fbem-2779	25	31	which	which	PRON
fbem-2779	25	32	is	be	AUX
fbem-2779	25	33	directly	directly	ADV
fbem-2779	25	34	reflected	reflect	VERB
fbem-2779	25	35	in	in	ADP
fbem-2779	25	36	the	the	DET
fbem-2779	25	37	ultimate	ultimate	ADJ
fbem-2779	25	38	value	value	NOUN
fbem-2779	25	39	created	create	VERB
fbem-2779	25	40	for	for	ADP
fbem-2779	25	41	the	the	DET
fbem-2779	25	42	natural	natural	ADJ
fbem-2779	25	43	environment	environment	NOUN
fbem-2779	25	44	,	,	PUNCT
fbem-2779	25	45	various	various	ADJ
fbem-2779	25	46	stakeholder	stakeholder	NOUN
fbem-2779	25	47	59	59	NUM
fbem-2779	25	48	groups	group	NOUN
fbem-2779	25	49	and	and	CCONJ
fbem-2779	25	50	the	the	DET
fbem-2779	25	51	enterprise	enterprise	NOUN
fbem-2779	25	52	itself	itself	PRON
fbem-2779	25	53	.	.	PUNCT
fbem-2779	26	1	3	3	X
fbem-2779	26	2	.	.	X
fbem-2779	26	3	factors	factor	NOUN
fbem-2779	26	4	influencing	influence	VERB
fbem-2779	26	5	the	the	DET
fbem-2779	26	6	low	low	ADJ
fbem-2779	26	7	carbon	carbon	NOUN
fbem-2779	26	8	value	value	NOUN
fbem-2779	26	9	of	of	ADP
fbem-2779	26	10	enterprises	enterprise	NOUN
fbem-2779	26	11	in	in	ADP
fbem-2779	26	12	the	the	DET
fbem-2779	26	13	process	process	NOUN
fbem-2779	26	14	of	of	ADP
fbem-2779	26	15	low	low	ADJ
fbem-2779	26	16	carbon	carbon	NOUN
fbem-2779	26	17	economy	economy	NOUN
fbem-2779	26	18	development	development	NOUN
fbem-2779	26	19	,	,	PUNCT
fbem-2779	26	20	corporate	corporate	ADJ
fbem-2779	26	21	low	low	ADJ
fbem-2779	26	22	carbon	carbon	NOUN
fbem-2779	26	23	value	value	NOUN
fbem-2779	26	24	has	have	AUX
fbem-2779	26	25	started	start	VERB
fbem-2779	26	26	to	to	PART
fbem-2779	26	27	become	become	VERB
fbem-2779	26	28	a	a	DET
fbem-2779	26	29	measure	measure	NOUN
fbem-2779	26	30	of	of	ADP
fbem-2779	26	31	the	the	DET
fbem-2779	26	32	contribution	contribution	NOUN
fbem-2779	26	33	of	of	ADP
fbem-2779	26	34	enterprises	enterprise	NOUN
fbem-2779	26	35	to	to	ADP
fbem-2779	26	36	the	the	DET
fbem-2779	26	37	win	win	NOUN
fbem-2779	26	38	-	-	PUNCT
fbem-2779	26	39	win	win	NOUN
fbem-2779	26	40	situation	situation	NOUN
fbem-2779	26	41	of	of	ADP
fbem-2779	26	42	the	the	DET
fbem-2779	26	43	whole	whole	ADJ
fbem-2779	26	44	industry	industry	NOUN
fbem-2779	26	45	ecosystem	ecosystem	NOUN
fbem-2779	26	46	,	,	PUNCT
fbem-2779	26	47	which	which	PRON
fbem-2779	26	48	is	be	AUX
fbem-2779	26	49	a	a	DET
fbem-2779	26	50	direct	direct	ADJ
fbem-2779	26	51	manifestation	manifestation	NOUN
fbem-2779	26	52	of	of	ADP
fbem-2779	26	53	creating	create	VERB
fbem-2779	26	54	ultimate	ultimate	ADJ
fbem-2779	26	55	value	value	NOUN
fbem-2779	26	56	for	for	ADP
fbem-2779	26	57	the	the	DET
fbem-2779	26	58	natural	natural	ADJ
fbem-2779	26	59	environment	environment	NOUN
fbem-2779	26	60	,	,	PUNCT
fbem-2779	26	61	stakeholder	stakeholder	NOUN
fbem-2779	26	62	groups	group	NOUN
fbem-2779	26	63	and	and	CCONJ
fbem-2779	26	64	the	the	DET
fbem-2779	26	65	enterprise	enterprise	NOUN
fbem-2779	26	66	itself	itself	PRON
fbem-2779	26	67	(	(	PUNCT
fbem-2779	26	68	shen	shen	NOUN
fbem-2779	26	69	,	,	PUNCT
fbem-2779	26	70	2021	2021	NUM
fbem-2779	26	71	)	)	PUNCT
fbem-2779	26	72	.	.	PUNCT
fbem-2779	27	1	the	the	DET
fbem-2779	27	2	factors	factor	NOUN
fbem-2779	27	3	that	that	PRON
fbem-2779	27	4	affect	affect	VERB
fbem-2779	27	5	the	the	DET
fbem-2779	27	6	low	low	ADJ
fbem-2779	27	7	carbon	carbon	NOUN
fbem-2779	27	8	value	value	NOUN
fbem-2779	27	9	of	of	ADP
fbem-2779	27	10	enterprises	enterprise	NOUN
fbem-2779	27	11	are	be	AUX
fbem-2779	27	12	mainly	mainly	ADV
fbem-2779	27	13	focused	focus	VERB
fbem-2779	27	14	on	on	ADP
fbem-2779	27	15	two	two	NUM
fbem-2779	27	16	aspects	aspect	NOUN
fbem-2779	27	17	:	:	PUNCT
fbem-2779	27	18	carbon	carbon	NOUN
fbem-2779	27	19	information	information	NOUN
fbem-2779	27	20	disclosure	disclosure	NOUN
fbem-2779	27	21	and	and	CCONJ
fbem-2779	27	22	carbon	carbon	NOUN
fbem-2779	27	23	assets	asset	NOUN
fbem-2779	27	24	.	.	PUNCT
fbem-2779	28	1	3.1	3.1	NUM
fbem-2779	28	2	.	.	PUNCT
fbem-2779	28	3	impact	impact	NOUN
fbem-2779	28	4	of	of	ADP
fbem-2779	28	5	carbon	carbon	NOUN
fbem-2779	28	6	information	information	NOUN
fbem-2779	28	7	disclosure	disclosure	NOUN
fbem-2779	28	8	on	on	ADP
fbem-2779	28	9	corporate	corporate	ADJ
fbem-2779	28	10	low	low	ADJ
fbem-2779	28	11	carbon	carbon	NOUN
fbem-2779	28	12	value	value	NOUN
fbem-2779	28	13	with	with	ADP
fbem-2779	28	14	the	the	DET
fbem-2779	28	15	increasingly	increasingly	ADV
fbem-2779	28	16	stringent	stringent	ADJ
fbem-2779	28	17	regulatory	regulatory	ADJ
fbem-2779	28	18	regime	regime	NOUN
fbem-2779	28	19	for	for	ADP
fbem-2779	28	20	carbon	carbon	NOUN
fbem-2779	28	21	emission	emission	NOUN
fbem-2779	28	22	reduction	reduction	NOUN
fbem-2779	28	23	,	,	PUNCT
fbem-2779	28	24	the	the	DET
fbem-2779	28	25	carbon	carbon	NOUN
fbem-2779	28	26	emissions	emission	NOUN
fbem-2779	28	27	of	of	ADP
fbem-2779	28	28	enterprises	enterprise	NOUN
fbem-2779	28	29	will	will	AUX
fbem-2779	28	30	gradually	gradually	ADV
fbem-2779	28	31	become	become	VERB
fbem-2779	28	32	the	the	DET
fbem-2779	28	33	environmental	environmental	ADJ
fbem-2779	28	34	information	information	NOUN
fbem-2779	28	35	that	that	SCONJ
fbem-2779	28	36	stakeholders	stakeholder	NOUN
fbem-2779	28	37	are	be	AUX
fbem-2779	28	38	most	most	ADV
fbem-2779	28	39	concerned	concerned	ADJ
fbem-2779	28	40	about	about	ADP
fbem-2779	28	41	.	.	PUNCT
fbem-2779	29	1	one	one	NUM
fbem-2779	29	2	of	of	ADP
fbem-2779	29	3	the	the	DET
fbem-2779	29	4	main	main	ADJ
fbem-2779	29	5	effects	effect	NOUN
fbem-2779	29	6	of	of	ADP
fbem-2779	29	7	carbon	carbon	NOUN
fbem-2779	29	8	information	information	NOUN
fbem-2779	29	9	disclosure	disclosure	NOUN
fbem-2779	29	10	on	on	ADP
fbem-2779	29	11	enterprise	enterprise	NOUN
fbem-2779	29	12	value	value	NOUN
fbem-2779	29	13	is	be	AUX
fbem-2779	29	14	shown	show	VERB
fbem-2779	29	15	by	by	ADP
fbem-2779	29	16	the	the	DET
fbem-2779	29	17	fact	fact	NOUN
fbem-2779	29	18	that	that	SCONJ
fbem-2779	29	19	the	the	DET
fbem-2779	29	20	market	market	NOUN
fbem-2779	29	21	response	response	NOUN
fbem-2779	29	22	of	of	ADP
fbem-2779	29	23	enterprises	enterprise	NOUN
fbem-2779	29	24	with	with	ADP
fbem-2779	29	25	the	the	DET
fbem-2779	29	26	same	same	ADJ
fbem-2779	29	27	carbon	carbon	NOUN
fbem-2779	29	28	performance	performance	NOUN
fbem-2779	29	29	will	will	AUX
fbem-2779	29	30	be	be	AUX
fbem-2779	29	31	different	different	ADJ
fbem-2779	29	32	depending	depend	VERB
fbem-2779	29	33	on	on	ADP
fbem-2779	29	34	the	the	DET
fbem-2779	29	35	degree	degree	NOUN
fbem-2779	29	36	of	of	ADP
fbem-2779	29	37	carbon	carbon	NOUN
fbem-2779	29	38	information	information	NOUN
fbem-2779	29	39	disclosure	disclosure	NOUN
fbem-2779	29	40	,	,	PUNCT
fbem-2779	29	41	which	which	PRON
fbem-2779	29	42	includes	include	VERB
fbem-2779	29	43	the	the	DET
fbem-2779	29	44	pricing	pricing	NOUN
fbem-2779	29	45	of	of	ADP
fbem-2779	29	46	information	information	NOUN
fbem-2779	29	47	risk	risk	NOUN
fbem-2779	29	48	by	by	ADP
fbem-2779	29	49	investors	investor	NOUN
fbem-2779	29	50	;	;	PUNCT
fbem-2779	29	51	the	the	DET
fbem-2779	29	52	more	more	ADJ
fbem-2779	29	53	carbon	carbon	NOUN
fbem-2779	29	54	information	information	NOUN
fbem-2779	29	55	is	be	AUX
fbem-2779	29	56	disclosed	disclose	VERB
fbem-2779	29	57	,	,	PUNCT
fbem-2779	29	58	the	the	PRON
fbem-2779	29	59	lower	low	ADJ
fbem-2779	29	60	the	the	DET
fbem-2779	29	61	rate	rate	NOUN
fbem-2779	29	62	of	of	ADP
fbem-2779	29	63	return	return	NOUN
fbem-2779	29	64	required	require	VERB
fbem-2779	29	65	by	by	ADP
fbem-2779	29	66	investors	investor	NOUN
fbem-2779	29	67	.	.	PUNCT
fbem-2779	30	1	carbon	carbon	NOUN
fbem-2779	30	2	disclosure	disclosure	NOUN
fbem-2779	30	3	not	not	PART
fbem-2779	30	4	only	only	ADV
fbem-2779	30	5	has	have	VERB
fbem-2779	30	6	an	an	DET
fbem-2779	30	7	enhancing	enhance	VERB
fbem-2779	30	8	effect	effect	NOUN
fbem-2779	30	9	on	on	ADP
fbem-2779	30	10	corporate	corporate	ADJ
fbem-2779	30	11	value	value	NOUN
fbem-2779	30	12	in	in	ADP
fbem-2779	30	13	the	the	DET
fbem-2779	30	14	current	current	ADJ
fbem-2779	30	15	period	period	NOUN
fbem-2779	30	16	,	,	PUNCT
fbem-2779	30	17	but	but	CCONJ
fbem-2779	30	18	this	this	DET
fbem-2779	30	19	effect	effect	NOUN
fbem-2779	30	20	will	will	AUX
fbem-2779	30	21	extend	extend	VERB
fbem-2779	30	22	to	to	ADP
fbem-2779	30	23	the	the	DET
fbem-2779	30	24	next	next	ADJ
fbem-2779	30	25	period	period	NOUN
fbem-2779	30	26	.	.	PUNCT
fbem-2779	31	1	krger	krger	NOUN
fbem-2779	31	2	(	(	PUNCT
fbem-2779	31	3	2015	2015	NUM
fbem-2779	31	4	)	)	PUNCT
fbem-2779	31	5	used	use	VERB
fbem-2779	31	6	a	a	DET
fbem-2779	31	7	natural	natural	ADJ
fbem-2779	31	8	experiment	experiment	NOUN
fbem-2779	31	9	approach	approach	NOUN
fbem-2779	31	10	to	to	PART
fbem-2779	31	11	analyze	analyze	VERB
fbem-2779	31	12	the	the	DET
fbem-2779	31	13	impact	impact	NOUN
fbem-2779	31	14	of	of	ADP
fbem-2779	31	15	carbon	carbon	NOUN
fbem-2779	31	16	information	information	NOUN
fbem-2779	31	17	disclosure	disclosure	NOUN
fbem-2779	31	18	on	on	ADP
fbem-2779	31	19	corporate	corporate	ADJ
fbem-2779	31	20	value	value	NOUN
fbem-2779	31	21	and	and	CCONJ
fbem-2779	31	22	found	find	VERB
fbem-2779	31	23	that	that	SCONJ
fbem-2779	31	24	mandatory	mandatory	ADJ
fbem-2779	31	25	carbon	carbon	NOUN
fbem-2779	31	26	information	information	NOUN
fbem-2779	31	27	disclosure	disclosure	NOUN
fbem-2779	31	28	has	have	VERB
fbem-2779	31	29	a	a	DET
fbem-2779	31	30	significant	significant	ADJ
fbem-2779	31	31	positive	positive	ADJ
fbem-2779	31	32	impact	impact	NOUN
fbem-2779	31	33	on	on	ADP
fbem-2779	31	34	the	the	DET
fbem-2779	31	35	market	market	NOUN
fbem-2779	31	36	value	value	NOUN
fbem-2779	31	37	of	of	ADP
fbem-2779	31	38	enterprises	enterprise	NOUN
fbem-2779	31	39	.	.	PUNCT
fbem-2779	32	1	matsumura	matsumura	INTJ
fbem-2779	32	2	et	et	PROPN
fbem-2779	32	3	al	al	PROPN
fbem-2779	32	4	.	.	PROPN
fbem-2779	33	1	(	(	PUNCT
fbem-2779	33	2	2014	2014	NUM
fbem-2779	33	3	)	)	PUNCT
fbem-2779	33	4	and	and	CCONJ
fbem-2779	33	5	jiang	jiang	PROPN
fbem-2779	33	6	et	et	PROPN
fbem-2779	33	7	al	al	PROPN
fbem-2779	33	8	.	.	PROPN
fbem-2779	34	1	(	(	PUNCT
fbem-2779	34	2	2021	2021	NUM
fbem-2779	34	3	)	)	PUNCT
fbem-2779	34	4	concluded	conclude	VERB
fbem-2779	34	5	that	that	SCONJ
fbem-2779	34	6	the	the	DET
fbem-2779	34	7	voluntary	voluntary	ADJ
fbem-2779	34	8	carbon	carbon	NOUN
fbem-2779	34	9	disclosure	disclosure	NOUN
fbem-2779	34	10	behavior	behavior	NOUN
fbem-2779	34	11	of	of	ADP
fbem-2779	34	12	enterprises	enterprise	NOUN
fbem-2779	34	13	helps	help	VERB
fbem-2779	34	14	investors	investor	NOUN
fbem-2779	34	15	'	'	PART
fbem-2779	34	16	decision	decision	NOUN
fbem-2779	34	17	making	make	VERB
fbem-2779	34	18	and	and	CCONJ
fbem-2779	34	19	enhances	enhance	VERB
fbem-2779	34	20	corporate	corporate	ADJ
fbem-2779	34	21	value	value	NOUN
fbem-2779	34	22	,	,	PUNCT
fbem-2779	34	23	and	and	CCONJ
fbem-2779	34	24	the	the	DET
fbem-2779	34	25	li	li	PROPN
fbem-2779	34	26	et	et	PROPN
fbem-2779	34	27	al	al	PROPN
fbem-2779	34	28	.	.	PROPN
fbem-2779	35	1	(	(	PUNCT
fbem-2779	35	2	2015	2015	NUM
fbem-2779	35	3	)	)	PUNCT
fbem-2779	35	4	show	show	VERB
fbem-2779	35	5	that	that	SCONJ
fbem-2779	35	6	carbon	carbon	NOUN
fbem-2779	35	7	disclosure	disclosure	NOUN
fbem-2779	35	8	has	have	VERB
fbem-2779	35	9	a	a	DET
fbem-2779	35	10	significant	significant	ADJ
fbem-2779	35	11	positive	positive	ADJ
fbem-2779	35	12	impact	impact	NOUN
fbem-2779	35	13	on	on	ADP
fbem-2779	35	14	firm	firm	ADJ
fbem-2779	35	15	value	value	NOUN
fbem-2779	35	16	creation	creation	NOUN
fbem-2779	35	17	,	,	PUNCT
fbem-2779	35	18	specifically	specifically	ADV
fbem-2779	35	19	in	in	ADP
fbem-2779	35	20	terms	term	NOUN
fbem-2779	35	21	of	of	ADP
fbem-2779	35	22	the	the	DET
fbem-2779	35	23	relationship	relationship	NOUN
fbem-2779	35	24	between	between	ADP
fbem-2779	35	25	the	the	DET
fbem-2779	35	26	amount	amount	NOUN
fbem-2779	35	27	and	and	CCONJ
fbem-2779	35	28	depth	depth	NOUN
fbem-2779	35	29	of	of	ADP
fbem-2779	35	30	carbon	carbon	NOUN
fbem-2779	35	31	disclosure	disclosure	NOUN
fbem-2779	35	32	and	and	CCONJ
fbem-2779	35	33	firm	firm	ADJ
fbem-2779	35	34	value	value	NOUN
fbem-2779	35	35	creation	creation	NOUN
fbem-2779	35	36	,	,	PUNCT
fbem-2779	35	37	in	in	ADP
fbem-2779	35	38	which	which	PRON
fbem-2779	35	39	market	market	NOUN
fbem-2779	35	40	liquidity	liquidity	NOUN
fbem-2779	35	41	and	and	CCONJ
fbem-2779	35	42	cost	cost	NOUN
fbem-2779	35	43	of	of	ADP
fbem-2779	35	44	equity	equity	NOUN
fbem-2779	35	45	capital	capital	NOUN
fbem-2779	35	46	play	play	VERB
fbem-2779	35	47	a	a	DET
fbem-2779	35	48	mediating	mediate	VERB
fbem-2779	35	49	role	role	NOUN
fbem-2779	35	50	.	.	PUNCT
fbem-2779	36	1	plumlee	plumlee	PROPN
fbem-2779	36	2	et	et	PROPN
fbem-2779	36	3	al	al	PROPN
fbem-2779	36	4	.	.	PROPN
fbem-2779	36	5	(	(	PUNCT
fbem-2779	36	6	2009	2009	NUM
fbem-2779	36	7	)	)	PUNCT
fbem-2779	36	8	showed	show	VERB
fbem-2779	36	9	that	that	SCONJ
fbem-2779	36	10	for	for	ADP
fbem-2779	36	11	environmentally	environmentally	ADV
fbem-2779	36	12	sensitive	sensitive	ADJ
fbem-2779	36	13	firms	firm	NOUN
fbem-2779	36	14	,	,	PUNCT
fbem-2779	36	15	the	the	DET
fbem-2779	36	16	more	more	ADJ
fbem-2779	36	17	carbon	carbon	NOUN
fbem-2779	36	18	information	information	NOUN
fbem-2779	36	19	disclosed	disclose	VERB
fbem-2779	36	20	,	,	PUNCT
fbem-2779	36	21	the	the	PRON
fbem-2779	36	22	lower	low	ADJ
fbem-2779	36	23	the	the	DET
fbem-2779	36	24	rate	rate	NOUN
fbem-2779	36	25	of	of	ADP
fbem-2779	36	26	return	return	NOUN
fbem-2779	36	27	required	require	VERB
fbem-2779	36	28	by	by	ADP
fbem-2779	36	29	investors	investor	NOUN
fbem-2779	36	30	,	,	PUNCT
fbem-2779	36	31	and	and	CCONJ
fbem-2779	36	32	therefore	therefore	ADV
fbem-2779	36	33	the	the	PRON
fbem-2779	36	34	higher	high	ADJ
fbem-2779	36	35	the	the	DET
fbem-2779	36	36	enterprise	enterprise	NOUN
fbem-2779	36	37	value	value	NOUN
fbem-2779	36	38	.	.	PUNCT
fbem-2779	37	1	3.2	3.2	NUM
fbem-2779	37	2	.	.	PUNCT
fbem-2779	37	3	impact	impact	NOUN
fbem-2779	37	4	of	of	ADP
fbem-2779	37	5	carbon	carbon	NOUN
fbem-2779	37	6	assets	asset	NOUN
fbem-2779	37	7	on	on	ADP
fbem-2779	37	8	corporate	corporate	ADJ
fbem-2779	37	9	low	low	ADJ
fbem-2779	37	10	carbon	carbon	NOUN
fbem-2779	37	11	value	value	NOUN
fbem-2779	37	12	the	the	DET
fbem-2779	37	13	factors	factor	NOUN
fbem-2779	37	14	affecting	affect	VERB
fbem-2779	37	15	carbon	carbon	NOUN
fbem-2779	37	16	assets	asset	NOUN
fbem-2779	37	17	on	on	ADP
fbem-2779	37	18	firm	firm	ADJ
fbem-2779	37	19	value	value	NOUN
fbem-2779	37	20	can	can	AUX
fbem-2779	37	21	be	be	AUX
fbem-2779	37	22	decomposed	decompose	VERB
fbem-2779	37	23	into	into	ADP
fbem-2779	37	24	carbon	carbon	NOUN
fbem-2779	37	25	value	value	NOUN
fbem-2779	37	26	increasing	increase	VERB
fbem-2779	37	27	factors	factor	NOUN
fbem-2779	37	28	,	,	PUNCT
fbem-2779	37	29	which	which	PRON
fbem-2779	37	30	include	include	VERB
fbem-2779	37	31	the	the	DET
fbem-2779	37	32	value	value	NOUN
fbem-2779	37	33	of	of	ADP
fbem-2779	37	34	carbon	carbon	NOUN
fbem-2779	37	35	allowances	allowance	NOUN
fbem-2779	37	36	issued	issue	VERB
fbem-2779	37	37	by	by	ADP
fbem-2779	37	38	the	the	DET
fbem-2779	37	39	government	government	NOUN
fbem-2779	37	40	for	for	ADP
fbem-2779	37	41	free	free	ADJ
fbem-2779	37	42	and	and	CCONJ
fbem-2779	37	43	the	the	DET
fbem-2779	37	44	amount	amount	NOUN
fbem-2779	37	45	of	of	ADP
fbem-2779	37	46	carbon	carbon	NOUN
fbem-2779	37	47	emission	emission	NOUN
fbem-2779	37	48	reduction	reduction	NOUN
fbem-2779	37	49	from	from	ADP
fbem-2779	37	50	technological	technological	ADJ
fbem-2779	37	51	transformation	transformation	NOUN
fbem-2779	37	52	;	;	PUNCT
fbem-2779	37	53	the	the	DET
fbem-2779	37	54	latter	latter	NOUN
fbem-2779	37	55	includes	include	VERB
fbem-2779	37	56	the	the	DET
fbem-2779	37	57	value	value	NOUN
fbem-2779	37	58	of	of	ADP
fbem-2779	37	59	carbon	carbon	NOUN
fbem-2779	37	60	emissions	emission	NOUN
fbem-2779	37	61	and	and	CCONJ
fbem-2779	37	62	the	the	DET
fbem-2779	37	63	current	current	ADJ
fbem-2779	37	64	amortization	amortization	NOUN
fbem-2779	37	65	of	of	ADP
fbem-2779	37	66	non	non	ADJ
fbem-2779	37	67	-	-	ADJ
fbem-2779	37	68	reimbursable	reimbursable	ADJ
fbem-2779	37	69	carbon	carbon	NOUN
fbem-2779	37	70	allowances	allowance	NOUN
fbem-2779	37	71	.	.	PUNCT
fbem-2779	38	1	griffin	griffin	PROPN
fbem-2779	38	2	et	et	PROPN
fbem-2779	38	3	al	al	PROPN
fbem-2779	38	4	.	.	PROPN
fbem-2779	39	1	(	(	PUNCT
fbem-2779	39	2	2017	2017	NUM
fbem-2779	39	3	)	)	PUNCT
fbem-2779	39	4	analyzed	analyze	VERB
fbem-2779	39	5	the	the	DET
fbem-2779	39	6	impact	impact	NOUN
fbem-2779	39	7	of	of	ADP
fbem-2779	39	8	ghg	ghg	PROPN
fbem-2779	39	9	emissions	emission	NOUN
fbem-2779	39	10	on	on	ADP
fbem-2779	39	11	firm	firm	ADJ
fbem-2779	39	12	value	value	NOUN
fbem-2779	39	13	and	and	CCONJ
fbem-2779	39	14	found	find	VERB
fbem-2779	39	15	that	that	SCONJ
fbem-2779	39	16	the	the	PRON
fbem-2779	39	17	higher	high	ADJ
fbem-2779	39	18	the	the	DET
fbem-2779	39	19	firm	firm	NOUN
fbem-2779	39	20	's	's	PART
fbem-2779	39	21	carbon	carbon	NOUN
fbem-2779	39	22	emissions	emission	NOUN
fbem-2779	39	23	,	,	PUNCT
fbem-2779	39	24	the	the	PRON
fbem-2779	39	25	lower	low	ADJ
fbem-2779	39	26	the	the	DET
fbem-2779	39	27	investor	investor	NOUN
fbem-2779	39	28	react	react	VERB
fbem-2779	39	29	less	less	ADV
fbem-2779	39	30	to	to	ADP
fbem-2779	39	31	the	the	DET
fbem-2779	39	32	market	market	NOUN
fbem-2779	39	33	value	value	NOUN
fbem-2779	39	34	of	of	ADP
fbem-2779	39	35	the	the	DET
fbem-2779	39	36	firm	firm	NOUN
fbem-2779	39	37	.	.	PUNCT
fbem-2779	40	1	developing	develop	VERB
fbem-2779	40	2	and	and	CCONJ
fbem-2779	40	3	owning	own	VERB
fbem-2779	40	4	more	more	ADJ
fbem-2779	40	5	carbon	carbon	NOUN
fbem-2779	40	6	intangible	intangible	ADJ
fbem-2779	40	7	assets	asset	NOUN
fbem-2779	40	8	is	be	AUX
fbem-2779	40	9	the	the	DET
fbem-2779	40	10	main	main	ADJ
fbem-2779	40	11	way	way	NOUN
fbem-2779	40	12	to	to	PART
fbem-2779	40	13	improve	improve	VERB
fbem-2779	40	14	the	the	DET
fbem-2779	40	15	low	low	ADJ
fbem-2779	40	16	-	-	PUNCT
fbem-2779	40	17	carbon	carbon	NOUN
fbem-2779	40	18	value	value	NOUN
fbem-2779	40	19	of	of	ADP
fbem-2779	40	20	enterprises	enterprise	NOUN
fbem-2779	40	21	,	,	PUNCT
fbem-2779	40	22	while	while	SCONJ
fbem-2779	40	23	enterprises	enterprise	NOUN
fbem-2779	40	24	need	need	VERB
fbem-2779	40	25	to	to	PART
fbem-2779	40	26	continuously	continuously	ADV
fbem-2779	40	27	improve	improve	VERB
fbem-2779	40	28	their	their	PRON
fbem-2779	40	29	lowcarbon	lowcarbon	NOUN
fbem-2779	40	30	management	management	NOUN
fbem-2779	40	31	and	and	CCONJ
fbem-2779	40	32	technology	technology	NOUN
fbem-2779	40	33	in	in	ADP
fbem-2779	40	34	order	order	NOUN
fbem-2779	40	35	to	to	PART
fbem-2779	40	36	obtain	obtain	VERB
fbem-2779	40	37	more	more	ADJ
fbem-2779	40	38	carbon	carbon	NOUN
fbem-2779	40	39	assets	asset	NOUN
fbem-2779	40	40	for	for	ADP
fbem-2779	40	41	emission	emission	NOUN
fbem-2779	40	42	reduction	reduction	NOUN
fbem-2779	40	43	and	and	CCONJ
fbem-2779	40	44	improve	improve	VERB
fbem-2779	40	45	their	their	PRON
fbem-2779	40	46	lowcarbon	lowcarbon	NOUN
fbem-2779	40	47	competitiveness	competitiveness	NOUN
fbem-2779	40	48	(	(	PUNCT
fbem-2779	40	49	jiang	jiang	PROPN
fbem-2779	40	50	et	et	PROPN
fbem-2779	40	51	al	al	PROPN
fbem-2779	40	52	.	.	PROPN
fbem-2779	40	53	2019	2019	NUM
fbem-2779	40	54	)	)	PUNCT
fbem-2779	40	55	.	.	PUNCT
fbem-2779	41	1	therefore	therefore	ADV
fbem-2779	41	2	,	,	PUNCT
fbem-2779	41	3	in	in	ADP
fbem-2779	41	4	order	order	NOUN
fbem-2779	41	5	to	to	PART
fbem-2779	41	6	create	create	VERB
fbem-2779	41	7	value	value	NOUN
fbem-2779	41	8	enterprises	enterprise	NOUN
fbem-2779	41	9	should	should	AUX
fbem-2779	41	10	improve	improve	VERB
fbem-2779	41	11	low	low	ADJ
fbem-2779	41	12	carbon	carbon	NOUN
fbem-2779	41	13	management	management	NOUN
fbem-2779	41	14	and	and	CCONJ
fbem-2779	41	15	enhance	enhance	VERB
fbem-2779	41	16	carbon	carbon	NOUN
fbem-2779	41	17	efficiency	efficiency	NOUN
fbem-2779	41	18	to	to	PART
fbem-2779	41	19	achieve	achieve	VERB
fbem-2779	41	20	low	low	ADJ
fbem-2779	41	21	carbon	carbon	NOUN
fbem-2779	41	22	development	development	NOUN
fbem-2779	41	23	.	.	PUNCT
fbem-2779	42	1	as	as	SCONJ
fbem-2779	42	2	carbon	carbon	NOUN
fbem-2779	42	3	cap	cap	NOUN
fbem-2779	42	4	-	-	PUNCT
fbem-2779	42	5	and	and	CCONJ
fbem-2779	42	6	-	-	PUNCT
fbem-2779	42	7	trade	trade	NOUN
fbem-2779	42	8	policies	policy	NOUN
fbem-2779	42	9	continue	continue	VERB
fbem-2779	42	10	to	to	PART
fbem-2779	42	11	evolve	evolve	VERB
fbem-2779	42	12	,	,	PUNCT
fbem-2779	42	13	firms	firm	NOUN
fbem-2779	42	14	that	that	PRON
fbem-2779	42	15	fail	fail	VERB
fbem-2779	42	16	to	to	PART
fbem-2779	42	17	effectively	effectively	ADV
fbem-2779	42	18	implement	implement	VERB
fbem-2779	42	19	carbon	carbon	NOUN
fbem-2779	42	20	reduction	reduction	NOUN
fbem-2779	42	21	measures	measure	NOUN
fbem-2779	42	22	are	be	AUX
fbem-2779	42	23	required	require	VERB
fbem-2779	42	24	to	to	PART
fbem-2779	42	25	purchase	purchase	VERB
fbem-2779	42	26	carbon	carbon	NOUN
fbem-2779	42	27	emission	emission	NOUN
fbem-2779	42	28	allowances	allowance	NOUN
fbem-2779	42	29	and	and	CCONJ
fbem-2779	42	30	are	be	AUX
fbem-2779	42	31	subject	subject	ADJ
fbem-2779	42	32	to	to	ADP
fbem-2779	42	33	regulatory	regulatory	ADJ
fbem-2779	42	34	penalties	penalty	NOUN
fbem-2779	42	35	,	,	PUNCT
fbem-2779	42	36	but	but	CCONJ
fbem-2779	42	37	can	can	AUX
fbem-2779	42	38	also	also	ADV
fbem-2779	42	39	gain	gain	VERB
fbem-2779	42	40	from	from	ADP
fbem-2779	42	41	selling	sell	VERB
fbem-2779	42	42	excess	excess	ADJ
fbem-2779	42	43	carbon	carbon	NOUN
fbem-2779	42	44	allowances	allowance	NOUN
fbem-2779	42	45	.	.	PUNCT
fbem-2779	43	1	li	li	PROPN
fbem-2779	43	2	et	et	PROPN
fbem-2779	43	3	al	al	PROPN
fbem-2779	43	4	.	.	PROPN
fbem-2779	44	1	(	(	PUNCT
fbem-2779	44	2	2021	2021	NUM
fbem-2779	44	3	)	)	PUNCT
fbem-2779	44	4	argue	argue	VERB
fbem-2779	44	5	that	that	SCONJ
fbem-2779	44	6	emission	emission	NOUN
fbem-2779	44	7	reduction	reduction	NOUN
fbem-2779	44	8	technology	technology	NOUN
fbem-2779	44	9	innovation	innovation	NOUN
fbem-2779	44	10	can	can	AUX
fbem-2779	44	11	positively	positively	ADV
fbem-2779	44	12	affect	affect	VERB
fbem-2779	44	13	firm	firm	ADJ
fbem-2779	44	14	value	value	NOUN
fbem-2779	44	15	,	,	PUNCT
fbem-2779	44	16	with	with	ADP
fbem-2779	44	17	green	green	ADJ
fbem-2779	44	18	core	core	NOUN
fbem-2779	44	19	competencies	competency	NOUN
fbem-2779	44	20	mediating	mediate	VERB
fbem-2779	44	21	the	the	DET
fbem-2779	44	22	positive	positive	ADJ
fbem-2779	44	23	impact	impact	NOUN
fbem-2779	44	24	of	of	ADP
fbem-2779	44	25	low	low	ADJ
fbem-2779	44	26	-	-	PUNCT
fbem-2779	44	27	carbon	carbon	NOUN
fbem-2779	44	28	technology	technology	NOUN
fbem-2779	44	29	innovation	innovation	NOUN
fbem-2779	44	30	on	on	ADP
fbem-2779	44	31	firm	firm	ADJ
fbem-2779	44	32	value	value	NOUN
fbem-2779	44	33	.	.	PUNCT
fbem-2779	45	1	this	this	PRON
fbem-2779	45	2	leads	lead	VERB
fbem-2779	45	3	to	to	ADP
fbem-2779	45	4	a	a	DET
fbem-2779	45	5	significant	significant	ADJ
fbem-2779	45	6	increase	increase	NOUN
fbem-2779	45	7	in	in	ADP
fbem-2779	45	8	firm	firm	ADJ
fbem-2779	45	9	value	value	NOUN
fbem-2779	45	10	in	in	ADP
fbem-2779	45	11	the	the	DET
fbem-2779	45	12	short	short	ADJ
fbem-2779	45	13	term	term	NOUN
fbem-2779	45	14	,	,	PUNCT
fbem-2779	45	15	and	and	CCONJ
fbem-2779	45	16	the	the	DET
fbem-2779	45	17	government	government	NOUN
fbem-2779	45	18	should	should	AUX
fbem-2779	45	19	moreover	moreover	ADV
fbem-2779	45	20	strengthen	strengthen	VERB
fbem-2779	45	21	the	the	DET
fbem-2779	45	22	construction	construction	NOUN
fbem-2779	45	23	of	of	ADP
fbem-2779	45	24	carbon	carbon	NOUN
fbem-2779	45	25	markets	market	NOUN
fbem-2779	45	26	and	and	CCONJ
fbem-2779	45	27	improve	improve	VERB
fbem-2779	45	28	carbon	carbon	NOUN
fbem-2779	45	29	market	market	NOUN
fbem-2779	45	30	liquidity	liquidity	NOUN
fbem-2779	45	31	.	.	PUNCT
fbem-2779	46	1	scholars	scholar	NOUN
fbem-2779	46	2	have	have	AUX
fbem-2779	46	3	also	also	ADV
fbem-2779	46	4	started	start	VERB
fbem-2779	46	5	to	to	PART
fbem-2779	46	6	pay	pay	VERB
fbem-2779	46	7	attention	attention	NOUN
fbem-2779	46	8	to	to	ADP
fbem-2779	46	9	the	the	DET
fbem-2779	46	10	relationship	relationship	NOUN
fbem-2779	46	11	between	between	ADP
fbem-2779	46	12	carbon	carbon	NOUN
fbem-2779	46	13	trading	trading	NOUN
fbem-2779	46	14	price	price	NOUN
fbem-2779	46	15	and	and	CCONJ
fbem-2779	46	16	enterprise	enterprise	NOUN
fbem-2779	46	17	value	value	NOUN
fbem-2779	46	18	.	.	PUNCT
fbem-2779	47	1	most	most	ADJ
fbem-2779	47	2	scholars	scholar	NOUN
fbem-2779	47	3	have	have	AUX
fbem-2779	47	4	drawn	draw	VERB
fbem-2779	47	5	conclusions	conclusion	NOUN
fbem-2779	47	6	by	by	ADP
fbem-2779	47	7	means	mean	NOUN
fbem-2779	47	8	of	of	ADP
fbem-2779	47	9	empirical	empirical	ADJ
fbem-2779	47	10	studies	study	NOUN
fbem-2779	47	11	,	,	PUNCT
fbem-2779	47	12	which	which	PRON
fbem-2779	47	13	are	be	AUX
fbem-2779	47	14	divided	divide	VERB
fbem-2779	47	15	into	into	ADP
fbem-2779	47	16	two	two	NUM
fbem-2779	47	17	main	main	ADJ
fbem-2779	47	18	types	type	NOUN
fbem-2779	47	19	:	:	PUNCT
fbem-2779	47	20	some	some	DET
fbem-2779	47	21	results	result	NOUN
fbem-2779	47	22	show	show	VERB
fbem-2779	47	23	that	that	SCONJ
fbem-2779	47	24	carbon	carbon	NOUN
fbem-2779	47	25	trading	trading	NOUN
fbem-2779	47	26	price	price	NOUN
fbem-2779	47	27	has	have	VERB
fbem-2779	47	28	a	a	DET
fbem-2779	47	29	negative	negative	ADJ
fbem-2779	47	30	impact	impact	NOUN
fbem-2779	47	31	on	on	ADP
fbem-2779	47	32	firm	firm	ADJ
fbem-2779	47	33	value	value	NOUN
fbem-2779	47	34	creation	creation	NOUN
fbem-2779	47	35	,	,	PUNCT
fbem-2779	47	36	and	and	CCONJ
fbem-2779	47	37	some	some	DET
fbem-2779	47	38	conclusions	conclusion	NOUN
fbem-2779	47	39	show	show	VERB
fbem-2779	47	40	that	that	SCONJ
fbem-2779	47	41	carbon	carbon	NOUN
fbem-2779	47	42	trading	trading	NOUN
fbem-2779	47	43	price	price	NOUN
fbem-2779	47	44	positively	positively	ADV
fbem-2779	47	45	affects	affect	VERB
fbem-2779	47	46	firm	firm	ADJ
fbem-2779	47	47	value	value	NOUN
fbem-2779	47	48	creation	creation	NOUN
fbem-2779	47	49	4	4	NUM
fbem-2779	47	50	.	.	PUNCT
fbem-2779	47	51	conclusion	conclusion	NOUN
fbem-2779	47	52	after	after	ADP
fbem-2779	47	53	more	more	ADJ
fbem-2779	47	54	than	than	ADP
fbem-2779	47	55	40	40	NUM
fbem-2779	47	56	years	year	NOUN
fbem-2779	47	57	of	of	ADP
fbem-2779	47	58	rapid	rapid	ADJ
fbem-2779	47	59	development	development	NOUN
fbem-2779	47	60	,	,	PUNCT
fbem-2779	47	61	china	china	PROPN
fbem-2779	47	62	's	's	PART
fbem-2779	47	63	economic	economic	ADJ
fbem-2779	47	64	volume	volume	NOUN
fbem-2779	47	65	has	have	AUX
fbem-2779	47	66	ranked	rank	VERB
fbem-2779	47	67	second	second	ADV
fbem-2779	47	68	in	in	ADP
fbem-2779	47	69	the	the	DET
fbem-2779	47	70	world	world	NOUN
fbem-2779	47	71	,	,	PUNCT
fbem-2779	47	72	but	but	CCONJ
fbem-2779	47	73	at	at	ADP
fbem-2779	47	74	the	the	DET
fbem-2779	47	75	same	same	ADJ
fbem-2779	47	76	time	time	NOUN
fbem-2779	47	77	,	,	PUNCT
fbem-2779	47	78	the	the	DET
fbem-2779	47	79	crude	crude	ADJ
fbem-2779	47	80	economic	economic	ADJ
fbem-2779	47	81	growth	growth	NOUN
fbem-2779	47	82	mode	mode	NOUN
fbem-2779	47	83	with	with	ADP
fbem-2779	47	84	high	high	ADJ
fbem-2779	47	85	energy	energy	NOUN
fbem-2779	47	86	consumption	consumption	NOUN
fbem-2779	47	87	per	per	ADP
fbem-2779	47	88	unit	unit	NOUN
fbem-2779	47	89	of	of	ADP
fbem-2779	47	90	gdp	gdp	NOUN
fbem-2779	47	91	and	and	CCONJ
fbem-2779	47	92	serious	serious	ADJ
fbem-2779	47	93	environmental	environmental	ADJ
fbem-2779	47	94	pollution	pollution	NOUN
fbem-2779	47	95	has	have	AUX
fbem-2779	47	96	generated	generate	VERB
fbem-2779	47	97	many	many	ADJ
fbem-2779	47	98	unanticipated	unanticipated	ADJ
fbem-2779	47	99	environmental	environmental	ADJ
fbem-2779	47	100	problems	problem	NOUN
fbem-2779	47	101	.	.	PUNCT
fbem-2779	48	1	domestic	domestic	ADJ
fbem-2779	48	2	and	and	CCONJ
fbem-2779	48	3	international	international	ADJ
fbem-2779	48	4	studies	study	NOUN
fbem-2779	48	5	have	have	AUX
fbem-2779	48	6	proved	prove	VERB
fbem-2779	48	7	that	that	SCONJ
fbem-2779	48	8	the	the	DET
fbem-2779	48	9	construction	construction	NOUN
fbem-2779	48	10	of	of	ADP
fbem-2779	48	11	carbon	carbon	NOUN
fbem-2779	48	12	cap	cap	NOUN
fbem-2779	48	13	-	-	PUNCT
fbem-2779	48	14	and	and	CCONJ
fbem-2779	48	15	-	-	PUNCT
fbem-2779	48	16	trade	trade	NOUN
fbem-2779	48	17	market	market	NOUN
fbem-2779	48	18	and	and	CCONJ
fbem-2779	48	19	related	related	ADJ
fbem-2779	48	20	policies	policy	NOUN
fbem-2779	48	21	can	can	AUX
fbem-2779	48	22	effectively	effectively	ADV
fbem-2779	48	23	promote	promote	VERB
fbem-2779	48	24	energy	energy	NOUN
fbem-2779	48	25	saving	saving	NOUN
fbem-2779	48	26	,	,	PUNCT
fbem-2779	48	27	emission	emission	NOUN
fbem-2779	48	28	reduction	reduction	NOUN
fbem-2779	48	29	and	and	CCONJ
fbem-2779	48	30	value	value	NOUN
fbem-2779	48	31	enhancement	enhancement	NOUN
fbem-2779	48	32	of	of	ADP
fbem-2779	48	33	enterprises	enterprise	NOUN
fbem-2779	48	34	.	.	PUNCT
fbem-2779	49	1	however	however	ADV
fbem-2779	49	2	,	,	PUNCT
fbem-2779	49	3	during	during	ADP
fbem-2779	49	4	the	the	DET
fbem-2779	49	5	construction	construction	NOUN
fbem-2779	49	6	of	of	ADP
fbem-2779	49	7	the	the	DET
fbem-2779	49	8	carbon	carbon	NOUN
fbem-2779	49	9	cap	cap	NOUN
fbem-2779	49	10	-	-	PUNCT
fbem-2779	49	11	and	and	CCONJ
fbem-2779	49	12	-	-	PUNCT
fbem-2779	49	13	trade	trade	NOUN
fbem-2779	49	14	market	market	NOUN
fbem-2779	49	15	,	,	PUNCT
fbem-2779	49	16	the	the	DET
fbem-2779	49	17	relevant	relevant	ADJ
fbem-2779	49	18	laws	law	NOUN
fbem-2779	49	19	and	and	CCONJ
fbem-2779	49	20	regulations	regulation	NOUN
fbem-2779	49	21	on	on	ADP
fbem-2779	49	22	carbon	carbon	NOUN
fbem-2779	49	23	emissions	emission	NOUN
fbem-2779	49	24	trading	trading	NOUN
fbem-2779	49	25	should	should	AUX
fbem-2779	49	26	be	be	AUX
fbem-2779	49	27	improved	improve	VERB
fbem-2779	49	28	as	as	ADV
fbem-2779	49	29	much	much	ADV
fbem-2779	49	30	as	as	ADP
fbem-2779	49	31	possible	possible	ADJ
fbem-2779	49	32	,	,	PUNCT
fbem-2779	49	33	the	the	DET
fbem-2779	49	34	carbon	carbon	NOUN
fbem-2779	49	35	quota	quota	NOUN
fbem-2779	49	36	accounting	accounting	NOUN
fbem-2779	49	37	and	and	CCONJ
fbem-2779	49	38	allocation	allocation	NOUN
fbem-2779	49	39	system	system	NOUN
fbem-2779	49	40	should	should	AUX
fbem-2779	49	41	be	be	AUX
fbem-2779	49	42	unified	unify	VERB
fbem-2779	49	43	,	,	PUNCT
fbem-2779	49	44	and	and	CCONJ
fbem-2779	49	45	the	the	DET
fbem-2779	49	46	impact	impact	NOUN
fbem-2779	49	47	of	of	ADP
fbem-2779	49	48	factors	factor	NOUN
fbem-2779	49	49	such	such	ADJ
fbem-2779	49	50	as	as	ADP
fbem-2779	49	51	price	price	NOUN
fbem-2779	49	52	fluctuations	fluctuation	NOUN
fbem-2779	49	53	in	in	ADP
fbem-2779	49	54	the	the	DET
fbem-2779	49	55	carbon	carbon	NOUN
fbem-2779	49	56	cap	cap	NOUN
fbem-2779	49	57	-	-	PUNCT
fbem-2779	49	58	and	and	CCONJ
fbem-2779	49	59	-	-	PUNCT
fbem-2779	49	60	trade	trade	NOUN
fbem-2779	49	61	market	market	NOUN
fbem-2779	49	62	should	should	AUX
fbem-2779	49	63	be	be	AUX
fbem-2779	49	64	fully	fully	ADV
fbem-2779	49	65	considered	consider	VERB
fbem-2779	49	66	,	,	PUNCT
fbem-2779	49	67	so	so	SCONJ
fbem-2779	49	68	that	that	SCONJ
fbem-2779	49	69	the	the	DET
fbem-2779	49	70	carbon	carbon	NOUN
fbem-2779	49	71	market	market	NOUN
fbem-2779	49	72	can	can	AUX
fbem-2779	49	73	continuously	continuously	ADV
fbem-2779	49	74	and	and	CCONJ
fbem-2779	49	75	effectively	effectively	ADV
fbem-2779	49	76	promote	promote	VERB
fbem-2779	49	77	the	the	DET
fbem-2779	49	78	low	low	ADJ
fbem-2779	49	79	-	-	PUNCT
fbem-2779	49	80	carbon	carbon	NOUN
fbem-2779	49	81	development	development	NOUN
fbem-2779	49	82	of	of	ADP
fbem-2779	49	83	enterprises	enterprise	NOUN
fbem-2779	49	84	.	.	PUNCT
fbem-2779	50	1	references	reference	NOUN
fbem-2779	50	2	[	[	X
fbem-2779	50	3	1	1	NUM
fbem-2779	50	4	]	]	PUNCT
fbem-2779	50	5	song	song	NOUN
fbem-2779	50	6	h	h	NOUN
fbem-2779	50	7	,	,	PUNCT
fbem-2779	50	8	zhao	zhao	PROPN
fbem-2779	50	9	c	c	PROPN
fbem-2779	50	10	g	g	PROPN
fbem-2779	50	11	,	,	PUNCT
fbem-2779	50	12	does	do	AUX
fbem-2779	50	13	environmental	environmental	ADJ
fbem-2779	50	14	management	management	NOUN
fbem-2779	50	15	improve	improve	VERB
fbem-2779	50	16	enterprise	enterprise	NOUN
fbem-2779	50	17	's	's	PART
fbem-2779	50	18	value	value	NOUN
fbem-2779	50	19	?	?	PUNCT
fbem-2779	51	1	–	–	PUNCT
fbem-2779	51	2	an	an	DET
fbem-2779	51	3	empirical	empirical	ADJ
fbem-2779	51	4	research	research	NOUN
fbem-2779	51	5	based	base	VERB
fbem-2779	51	6	on	on	ADP
fbem-2779	51	7	chinese	chinese	PROPN
fbem-2779	51	8	listed	list	VERB
fbem-2779	51	9	companies[j	companies[j	PROPN
fbem-2779	51	10	]	]	PUNCT
fbem-2779	51	11	,	,	PUNCT
fbem-2779	51	12	ecological	ecological	ADJ
fbem-2779	51	13	indicators	indicator	NOUN
fbem-2779	51	14	,	,	PUNCT
fbem-2779	51	15	2015	2015	NUM
fbem-2779	51	16	,	,	PUNCT
fbem-2779	51	17	51	51	NUM
fbem-2779	51	18	:	:	SYM
fbem-2779	51	19	191	191	NUM
fbem-2779	51	20	-	-	SYM
fbem-2779	51	21	196	196	NUM
fbem-2779	51	22	.	.	PUNCT
fbem-2779	52	1	[	[	X
fbem-2779	52	2	2	2	NUM
fbem-2779	52	3	]	]	PUNCT
fbem-2779	52	4	aquilani	aquilani	PROPN
fbem-2779	52	5	b	b	PROPN
fbem-2779	52	6	,	,	PUNCT
fbem-2779	52	7	silvestri	silvestri	PROPN
fbem-2779	52	8	c	c	NOUN
fbem-2779	52	9	,	,	PUNCT
fbem-2779	52	10	ioppolo	ioppolo	VERB
fbem-2779	52	11	g	g	PROPN
fbem-2779	52	12	,	,	PUNCT
fbem-2779	52	13	et	et	PROPN
fbem-2779	52	14	al	al	PROPN
fbem-2779	52	15	.	.	PUNCT
fbem-2779	53	1	the	the	DET
fbem-2779	53	2	challenging	challenging	ADJ
fbem-2779	53	3	transition	transition	NOUN
fbem-2779	53	4	to	to	ADP
fbem-2779	53	5	bio	bio	NOUN
fbem-2779	53	6	-	-	NOUN
fbem-2779	53	7	economies	economy	NOUN
fbem-2779	53	8	:	:	PUNCT
fbem-2779	53	9	towards	towards	ADP
fbem-2779	53	10	a	a	DET
fbem-2779	53	11	new	new	ADJ
fbem-2779	53	12	framework	framework	NOUN
fbem-2779	53	13	integrating	integrate	VERB
fbem-2779	53	14	corporate	corporate	ADJ
fbem-2779	53	15	sustainability	sustainability	NOUN
fbem-2779	53	16	and	and	CCONJ
fbem-2779	53	17	value	value	NOUN
fbem-2779	53	18	co	co	NOUN
fbem-2779	53	19	-	-	NOUN
fbem-2779	53	20	creation[j	creation[j	PROPN
fbem-2779	53	21	]	]	PUNCT
fbem-2779	53	22	.	.	PUNCT
fbem-2779	54	1	journal	journal	PROPN
fbem-2779	54	2	of	of	ADP
fbem-2779	54	3	cleaner	clean	ADJ
fbem-2779	54	4	production	production	NOUN
fbem-2779	54	5	,	,	PUNCT
fbem-2779	54	6	2017	2017	NUM
fbem-2779	54	7	,	,	PUNCT
fbem-2779	54	8	172(4):4001	172(4):4001	PROPN
fbem-2779	54	9	-	-	SYM
fbem-2779	54	10	4009	4009	NUM
fbem-2779	54	11	.	.	PUNCT
fbem-2779	55	1	[	[	X
fbem-2779	55	2	3	3	X
fbem-2779	55	3	]	]	X
fbem-2779	55	4	shen	shen	NOUN
fbem-2779	55	5	j	j	PROPN
fbem-2779	56	1	q	q	X
fbem-2779	56	2	,	,	PUNCT
fbem-2779	56	3	gao	gao	PROPN
fbem-2779	56	4	x	x	PRON
fbem-2779	56	5	,	,	PUNCT
fbem-2779	56	6	he	he	PRON
fbem-2779	56	7	w	w	PROPN
fbem-2779	56	8	j	j	PROPN
fbem-2779	56	9	,	,	PUNCT
fbem-2779	56	10	et	et	PROPN
fbem-2779	56	11	al	al	PROPN
fbem-2779	56	12	.	.	PROPN
fbem-2779	56	13	prospect	prospect	PROPN
fbem-2779	56	14	theory	theory	NOUN
fbem-2779	56	15	in	in	ADP
fbem-2779	56	16	an	an	DET
fbem-2779	56	17	evolutionary	evolutionary	ADJ
fbem-2779	56	18	game	game	NOUN
fbem-2779	56	19	:	:	PUNCT
fbem-2779	56	20	construction	construction	NOUN
fbem-2779	56	21	of	of	ADP
fbem-2779	56	22	watershed	watershe	VERB
fbem-2779	56	23	ecological	ecological	ADJ
fbem-2779	56	24	compensation	compensation	NOUN
fbem-2779	56	25	system	system	NOUN
fbem-2779	56	26	in	in	ADP
fbem-2779	56	27	taihu	taihu	PROPN
fbem-2779	56	28	lake	lake	PROPN
fbem-2779	56	29	basin[j	basin[j	PROPN
fbem-2779	56	30	]	]	PUNCT
fbem-2779	56	31	.	.	PUNCT
fbem-2779	57	1	journal	journal	PROPN
fbem-2779	57	2	of	of	ADP
fbem-2779	57	3	cleaner	clean	ADJ
fbem-2779	57	4	production	production	NOUN
fbem-2779	57	5	,	,	PUNCT
fbem-2779	57	6	2021	2021	NUM
fbem-2779	57	7	,	,	PUNCT
fbem-2779	57	8	291:125929	291:125929	NUM
fbem-2779	57	9	.	.	PUNCT
fbem-2779	58	1	[	[	X
fbem-2779	58	2	4	4	NUM
fbem-2779	58	3	]	]	X
fbem-2779	58	4	krger	krger	ADJ
fbem-2779	58	5	p.	p.	PROPN
fbem-2779	58	6	climate	climate	NOUN
fbem-2779	58	7	change	change	NOUN
fbem-2779	58	8	and	and	CCONJ
fbem-2779	58	9	firm	firm	ADJ
fbem-2779	58	10	valuation	valuation	NOUN
fbem-2779	58	11	:	:	PUNCT
fbem-2779	58	12	evidence	evidence	NOUN
fbem-2779	58	13	from	from	ADP
fbem-2779	58	14	a	a	DET
fbem-2779	58	15	quasi	quasi	ADJ
fbem-2779	58	16	-	-	ADJ
fbem-2779	58	17	natural	natural	ADJ
fbem-2779	58	18	experiment[j	experiment[j	NOUN
fbem-2779	58	19	]	]	PUNCT
fbem-2779	58	20	.	.	PUNCT
fbem-2779	59	1	swiss	swiss	PROPN
fbem-2779	59	2	finance	finance	PROPN
fbem-2779	59	3	institute	institute	PROPN
fbem-2779	59	4	research	research	PROPN
fbem-2779	59	5	paper	paper	NOUN
fbem-2779	59	6	series	series	NOUN
fbem-2779	59	7	,	,	PUNCT
fbem-2779	59	8	2015	2015	NUM
fbem-2779	59	9	.	.	PUNCT
fbem-2779	60	1	[	[	X
fbem-2779	60	2	5	5	X
fbem-2779	60	3	]	]	PUNCT
fbem-2779	60	4	matsumura	matsumura	PROPN
fbem-2779	60	5	e	e	PROPN
fbem-2779	60	6	m	m	PROPN
fbem-2779	60	7	,	,	PUNCT
fbem-2779	60	8	prakash	prakash	PROPN
fbem-2779	60	9	r	r	PROPN
fbem-2779	60	10	,	,	PUNCT
fbem-2779	60	11	vera	vera	NOUN
fbem-2779	60	12	-	-	PUNCT
fbem-2779	60	13	muoz	muoz	VERB
fbem-2779	60	14	s	s	PROPN
fbem-2779	60	15	c.	c.	PROPN
fbem-2779	60	16	firm	firm	ADJ
fbem-2779	60	17	-	-	PUNCT
fbem-2779	60	18	value	value	NOUN
fbem-2779	60	19	effects	effect	NOUN
fbem-2779	60	20	of	of	ADP
fbem-2779	60	21	carbon	carbon	NOUN
fbem-2779	60	22	emissions	emission	NOUN
fbem-2779	60	23	and	and	CCONJ
fbem-2779	60	24	carbon	carbon	NOUN
fbem-2779	60	25	disclosure[j	disclosure[j	NOUN
fbem-2779	60	26	]	]	PUNCT
fbem-2779	60	27	.	.	PUNCT
fbem-2779	61	1	the	the	DET
fbem-2779	61	2	accounting	accounting	PROPN
fbem-2779	61	3	review	review	NOUN
fbem-2779	61	4	,	,	PUNCT
fbem-2779	61	5	2014	2014	NUM
fbem-2779	61	6	,	,	PUNCT
fbem-2779	61	7	89(2):695	89(2):695	NOUN
fbem-2779	61	8	-	-	SYM
fbem-2779	61	9	724	724	NUM
fbem-2779	61	10	.	.	PUNCT
fbem-2779	62	1	[	[	X
fbem-2779	62	2	6	6	NUM
fbem-2779	62	3	]	]	PUNCT
fbem-2779	62	4	jiang	jiang	PROPN
fbem-2779	62	5	y	y	PROPN
fbem-2779	62	6	,	,	PUNCT
fbem-2779	62	7	luo	luo	PROPN
fbem-2779	62	8	l	l	PROPN
fbem-2779	62	9	,	,	PUNCT
fbem-2779	62	10	xu	xu	PROPN
fbem-2779	62	11	j	j	PROPN
fbem-2779	63	1	f	f	X
fbem-2779	63	2	,	,	PUNCT
fbem-2779	63	3	et	et	PROPN
fbem-2779	63	4	al	al	PROPN
fbem-2779	63	5	.	.	PUNCT
fbem-2779	64	1	the	the	DET
fbem-2779	64	2	value	value	NOUN
fbem-2779	64	3	relevance	relevance	NOUN
fbem-2779	64	4	of	of	ADP
fbem-2779	64	5	corporate	corporate	ADJ
fbem-2779	64	6	voluntary	voluntary	ADJ
fbem-2779	64	7	carbon	carbon	NOUN
fbem-2779	64	8	disclosure	disclosure	NOUN
fbem-2779	64	9	:	:	PUNCT
fbem-2779	64	10	evidence	evidence	NOUN
fbem-2779	64	11	from	from	ADP
fbem-2779	64	12	the	the	DET
fbem-2779	64	13	60	60	NUM
fbem-2779	64	14	united	united	ADJ
fbem-2779	64	15	states	states	PROPN
fbem-2779	64	16	and	and	CCONJ
fbem-2779	64	17	bric	bric	PROPN
fbem-2779	64	18	countries[j	countries[j	PROPN
fbem-2779	64	19	]	]	PUNCT
fbem-2779	64	20	.	.	PUNCT
fbem-2779	65	1	journal	journal	PROPN
fbem-2779	65	2	of	of	ADP
fbem-2779	65	3	contemporary	contemporary	PROPN
fbem-2779	65	4	accounting	accounting	NOUN
fbem-2779	65	5	and	and	CCONJ
fbem-2779	65	6	economics	economic	NOUN
fbem-2779	65	7	,	,	PUNCT
fbem-2779	65	8	2021(17):100279	2021(17):100279	NUM
fbem-2779	65	9	.	.	PUNCT
fbem-2779	66	1	[	[	X
fbem-2779	66	2	7	7	X
fbem-2779	66	3	]	]	X
fbem-2779	66	4	li	li	PROPN
fbem-2779	66	5	f	f	PROPN
fbem-2779	66	6	,	,	PUNCT
fbem-2779	66	7	xu	xu	PROPN
fbem-2779	66	8	x	x	PROPN
fbem-2779	66	9	,	,	PUNCT
fbem-2779	66	10	li	li	PROPN
fbem-2779	66	11	z	z	PROPN
fbem-2779	66	12	,	,	PUNCT
fbem-2779	66	13	et	et	PROPN
fbem-2779	66	14	al	al	PROPN
fbem-2779	66	15	.	.	PROPN
fbem-2779	66	16	can	can	AUX
fbem-2779	66	17	low	low	ADJ
fbem-2779	66	18	-	-	PUNCT
fbem-2779	66	19	carbon	carbon	NOUN
fbem-2779	66	20	technological	technological	ADJ
fbem-2779	66	21	innovation	innovation	NOUN
fbem-2779	66	22	truly	truly	ADV
fbem-2779	66	23	improve	improve	VERB
fbem-2779	66	24	enterprise	enterprise	NOUN
fbem-2779	66	25	performance	performance	NOUN
fbem-2779	66	26	?	?	PUNCT
fbem-2779	67	1	the	the	DET
fbem-2779	67	2	case	case	NOUN
fbem-2779	67	3	of	of	ADP
fbem-2779	67	4	chinese	chinese	ADJ
fbem-2779	67	5	manufacturing	manufacturing	NOUN
fbem-2779	67	6	companies[j	companies[j	PROPN
fbem-2779	67	7	]	]	PUNCT
fbem-2779	67	8	.	.	PUNCT
fbem-2779	68	1	journal	journal	PROPN
fbem-2779	68	2	of	of	ADP
fbem-2779	68	3	cleaner	clean	ADJ
fbem-2779	68	4	production	production	NOUN
fbem-2779	68	5	,	,	PUNCT
fbem-2779	68	6	2021	2021	NUM
fbem-2779	68	7	,	,	PUNCT
fbem-2779	68	8	293:125949	293:125949	NUM
fbem-2779	68	9	.	.	PUNCT
