id	sid	tid	token	lemma	pos
fbem-29708	1	1	frontiers	frontier	NOUN
fbem-29708	1	2	in	in	ADP
fbem-29708	1	3	business	business	NOUN
fbem-29708	1	4	,	,	PUNCT
fbem-29708	1	5	economics	economic	NOUN
fbem-29708	1	6	and	and	CCONJ
fbem-29708	1	7	management	management	NOUN
fbem-29708	1	8	issn	issn	PROPN
fbem-29708	1	9	:	:	PUNCT
fbem-29708	1	10	2766	2766	NUM
fbem-29708	1	11	-	-	PUNCT
fbem-29708	1	12	824x	824x	NUM
fbem-29708	1	13	|	|	ADJ
fbem-29708	1	14	vol	vol	NOUN
fbem-29708	1	15	.	.	PROPN
fbem-29708	1	16	18	18	NUM
fbem-29708	1	17	,	,	PUNCT
fbem-29708	1	18	no	no	INTJ
fbem-29708	1	19	.	.	NOUN
fbem-29708	1	20	2	2	NUM
fbem-29708	1	21	,	,	PUNCT
fbem-29708	1	22	2025	2025	NUM
fbem-29708	1	23	208	208	NUM
fbem-29708	1	24	analyst	analyst	NOUN
fbem-29708	1	25	coverage	coverage	NOUN
fbem-29708	1	26	and	and	CCONJ
fbem-29708	1	27	stock	stock	NOUN
fbem-29708	1	28	price	price	NOUN
fbem-29708	1	29	crash	crash	NOUN
fbem-29708	1	30	risk	risk	NOUN
fbem-29708	1	31	:	:	PUNCT
fbem-29708	1	32	based	base	VERB
fbem-29708	1	33	on	on	ADP
fbem-29708	1	34	the	the	DET
fbem-29708	1	35	perspective	perspective	NOUN
fbem-29708	1	36	of	of	ADP
fbem-29708	1	37	social	social	ADJ
fbem-29708	1	38	trust	trust	NOUN
fbem-29708	1	39	dexing	dexing	NOUN
fbem-29708	1	40	deng1	deng1	NOUN
fbem-29708	1	41	,	,	PUNCT
fbem-29708	1	42	*	*	PUNCT
fbem-29708	1	43	,	,	PUNCT
fbem-29708	1	44	xingyu	xingyu	PROPN
fbem-29708	1	45	deng2	deng2	PROPN
fbem-29708	1	46	,	,	PUNCT
fbem-29708	1	47	a	a	DET
fbem-29708	1	48	1school	1school	NUM
fbem-29708	1	49	of	of	ADP
fbem-29708	1	50	economics	economic	NOUN
fbem-29708	1	51	,	,	PUNCT
fbem-29708	1	52	guangxi	guangxi	PROPN
fbem-29708	1	53	university	university	PROPN
fbem-29708	1	54	,	,	PUNCT
fbem-29708	1	55	nanning	nanning	PROPN
fbem-29708	1	56	530004	530004	NUM
fbem-29708	1	57	,	,	PUNCT
fbem-29708	1	58	china	china	PROPN
fbem-29708	1	59	2school	2school	NUM
fbem-29708	1	60	of	of	ADP
fbem-29708	1	61	accounting	accounting	PROPN
fbem-29708	1	62	,	,	PUNCT
fbem-29708	1	63	wuchang	wuchang	PROPN
fbem-29708	1	64	institute	institute	PROPN
fbem-29708	1	65	of	of	ADP
fbem-29708	1	66	technology	technology	PROPN
fbem-29708	1	67	,	,	PUNCT
fbem-29708	1	68	wuhan	wuhan	PROPN
fbem-29708	1	69	430065	430065	NUM
fbem-29708	1	70	,	,	PUNCT
fbem-29708	1	71	china	china	PROPN
fbem-29708	1	72	*	*	PUNCT
fbem-29708	1	73	corresponding	correspond	VERB
fbem-29708	1	74	author	author	NOUN
fbem-29708	1	75	email	email	NOUN
fbem-29708	1	76	:	:	PUNCT
fbem-29708	1	77	1756753015@qq.com	1756753015@qq.com	NUM
fbem-29708	1	78	,	,	PUNCT
fbem-29708	1	79	a3268466143@qq.com	a3268466143@qq.com	X
fbem-29708	1	80	abstract	abstract	NOUN
fbem-29708	1	81	:	:	PUNCT
fbem-29708	1	82	the	the	DET
fbem-29708	1	83	"	"	PUNCT
fbem-29708	1	84	14th	14th	ADJ
fbem-29708	1	85	five	five	NUM
fbem-29708	1	86	-	-	PUNCT
fbem-29708	1	87	year	year	NOUN
fbem-29708	1	88	plan	plan	NOUN
fbem-29708	1	89	"	"	PUNCT
fbem-29708	1	90	points	point	VERB
fbem-29708	1	91	out	out	ADP
fbem-29708	1	92	the	the	DET
fbem-29708	1	93	need	need	NOUN
fbem-29708	1	94	to	to	PART
fbem-29708	1	95	establish	establish	VERB
fbem-29708	1	96	and	and	CCONJ
fbem-29708	1	97	improve	improve	VERB
fbem-29708	1	98	a	a	DET
fbem-29708	1	99	comprehensive	comprehensive	ADJ
fbem-29708	1	100	system	system	NOUN
fbem-29708	1	101	for	for	ADP
fbem-29708	1	102	risk	risk	NOUN
fbem-29708	1	103	prevention	prevention	NOUN
fbem-29708	1	104	,	,	PUNCT
fbem-29708	1	105	early	early	ADJ
fbem-29708	1	106	warning	warning	NOUN
fbem-29708	1	107	,	,	PUNCT
fbem-29708	1	108	response	response	NOUN
fbem-29708	1	109	,	,	PUNCT
fbem-29708	1	110	and	and	CCONJ
fbem-29708	1	111	accountability	accountability	NOUN
fbem-29708	1	112	,	,	PUNCT
fbem-29708	1	113	while	while	SCONJ
fbem-29708	1	114	also	also	ADV
fbem-29708	1	115	strengthening	strengthen	VERB
fbem-29708	1	116	integrity	integrity	NOUN
fbem-29708	1	117	construction	construction	NOUN
fbem-29708	1	118	and	and	CCONJ
fbem-29708	1	119	building	build	VERB
fbem-29708	1	120	an	an	DET
fbem-29708	1	121	efficient	efficient	ADJ
fbem-29708	1	122	,	,	PUNCT
fbem-29708	1	123	standardized	standardized	ADJ
fbem-29708	1	124	,	,	PUNCT
fbem-29708	1	125	and	and	CCONJ
fbem-29708	1	126	fair	fair	ADJ
fbem-29708	1	127	competitive	competitive	ADJ
fbem-29708	1	128	market	market	NOUN
fbem-29708	1	129	.	.	PUNCT
fbem-29708	2	1	this	this	DET
fbem-29708	2	2	article	article	NOUN
fbem-29708	2	3	is	be	AUX
fbem-29708	2	4	based	base	VERB
fbem-29708	2	5	on	on	ADP
fbem-29708	2	6	data	datum	NOUN
fbem-29708	2	7	from	from	ADP
fbem-29708	2	8	chinese	chinese	PROPN
fbem-29708	2	9	a	a	PROPN
fbem-29708	2	10	-	-	PUNCT
fbem-29708	2	11	share	share	NOUN
fbem-29708	2	12	listed	list	VERB
fbem-29708	2	13	companies	company	NOUN
fbem-29708	2	14	from	from	ADP
fbem-29708	2	15	2003	2003	NUM
fbem-29708	2	16	to	to	ADP
fbem-29708	2	17	2018	2018	NUM
fbem-29708	2	18	and	and	CCONJ
fbem-29708	2	19	employs	employ	VERB
fbem-29708	2	20	a	a	DET
fbem-29708	2	21	multiple	multiple	ADJ
fbem-29708	2	22	regression	regression	NOUN
fbem-29708	2	23	model	model	NOUN
fbem-29708	2	24	to	to	PART
fbem-29708	2	25	explore	explore	VERB
fbem-29708	2	26	the	the	DET
fbem-29708	2	27	relationship	relationship	NOUN
fbem-29708	2	28	between	between	ADP
fbem-29708	2	29	analyst	analyst	NOUN
fbem-29708	2	30	attention	attention	NOUN
fbem-29708	2	31	and	and	CCONJ
fbem-29708	2	32	stock	stock	NOUN
fbem-29708	2	33	price	price	NOUN
fbem-29708	2	34	crash	crash	NOUN
fbem-29708	2	35	risk	risk	NOUN
fbem-29708	2	36	from	from	ADP
fbem-29708	2	37	the	the	DET
fbem-29708	2	38	perspective	perspective	NOUN
fbem-29708	2	39	of	of	ADP
fbem-29708	2	40	social	social	ADJ
fbem-29708	2	41	trust	trust	NOUN
fbem-29708	2	42	.	.	PUNCT
fbem-29708	3	1	research	research	NOUN
fbem-29708	3	2	findings	finding	NOUN
fbem-29708	3	3	indicate	indicate	VERB
fbem-29708	3	4	that	that	SCONJ
fbem-29708	3	5	analyst	analyst	NOUN
fbem-29708	3	6	attention	attention	NOUN
fbem-29708	3	7	increases	increase	VERB
fbem-29708	3	8	the	the	DET
fbem-29708	3	9	risk	risk	NOUN
fbem-29708	3	10	of	of	ADP
fbem-29708	3	11	stock	stock	NOUN
fbem-29708	3	12	price	price	NOUN
fbem-29708	3	13	crashes	crash	NOUN
fbem-29708	3	14	for	for	ADP
fbem-29708	3	15	companies	company	NOUN
fbem-29708	3	16	.	.	PUNCT
fbem-29708	4	1	further	further	ADJ
fbem-29708	4	2	research	research	NOUN
fbem-29708	4	3	results	result	NOUN
fbem-29708	4	4	suggest	suggest	VERB
fbem-29708	4	5	that	that	SCONJ
fbem-29708	4	6	in	in	ADP
fbem-29708	4	7	regions	region	NOUN
fbem-29708	4	8	with	with	ADP
fbem-29708	4	9	higher	high	ADJ
fbem-29708	4	10	social	social	ADJ
fbem-29708	4	11	trust	trust	NOUN
fbem-29708	4	12	,	,	PUNCT
fbem-29708	4	13	the	the	DET
fbem-29708	4	14	positive	positive	ADJ
fbem-29708	4	15	impact	impact	NOUN
fbem-29708	4	16	of	of	ADP
fbem-29708	4	17	media	medium	NOUN
fbem-29708	4	18	attention	attention	NOUN
fbem-29708	4	19	on	on	ADP
fbem-29708	4	20	the	the	DET
fbem-29708	4	21	risk	risk	NOUN
fbem-29708	4	22	of	of	ADP
fbem-29708	4	23	stock	stock	NOUN
fbem-29708	4	24	price	price	NOUN
fbem-29708	4	25	crashes	crash	NOUN
fbem-29708	4	26	is	be	AUX
fbem-29708	4	27	significantly	significantly	ADV
fbem-29708	4	28	reduced	reduce	VERB
fbem-29708	4	29	.	.	PUNCT
fbem-29708	5	1	the	the	DET
fbem-29708	5	2	conclusion	conclusion	NOUN
fbem-29708	5	3	of	of	ADP
fbem-29708	5	4	this	this	DET
fbem-29708	5	5	study	study	NOUN
fbem-29708	5	6	remains	remain	VERB
fbem-29708	5	7	valid	valid	ADJ
fbem-29708	5	8	after	after	ADP
fbem-29708	5	9	a	a	DET
fbem-29708	5	10	series	series	NOUN
fbem-29708	5	11	of	of	ADP
fbem-29708	5	12	robustness	robustness	NOUN
fbem-29708	5	13	tests	test	NOUN
fbem-29708	5	14	.	.	PUNCT
fbem-29708	6	1	keywords	keyword	NOUN
fbem-29708	6	2	:	:	PUNCT
fbem-29708	6	3	analyst	analyst	NOUN
fbem-29708	6	4	coverage	coverage	NOUN
fbem-29708	6	5	;	;	PUNCT
fbem-29708	6	6	crash	crash	NOUN
fbem-29708	6	7	risk	risk	NOUN
fbem-29708	6	8	;	;	PUNCT
fbem-29708	6	9	social	social	ADJ
fbem-29708	6	10	trust	trust	NOUN
fbem-29708	6	11	.	.	PUNCT
fbem-29708	7	1	1	1	X
fbem-29708	7	2	.	.	X
fbem-29708	7	3	introduction	introduction	NOUN
fbem-29708	7	4	in	in	ADP
fbem-29708	7	5	2008	2008	NUM
fbem-29708	7	6	,	,	PUNCT
fbem-29708	7	7	the	the	DET
fbem-29708	7	8	chinese	chinese	ADJ
fbem-29708	7	9	a	a	DET
fbem-29708	7	10	-	-	PUNCT
fbem-29708	7	11	share	share	NOUN
fbem-29708	7	12	market	market	NOUN
fbem-29708	7	13	experienced	experience	VERB
fbem-29708	7	14	significant	significant	ADJ
fbem-29708	7	15	fluctuations	fluctuation	NOUN
fbem-29708	7	16	,	,	PUNCT
fbem-29708	7	17	with	with	ADP
fbem-29708	7	18	the	the	DET
fbem-29708	7	19	shanghai	shanghai	PROPN
fbem-29708	7	20	composite	composite	ADJ
fbem-29708	7	21	index	index	NOUN
fbem-29708	7	22	falling	fall	VERB
fbem-29708	7	23	by	by	ADP
fbem-29708	7	24	a	a	DET
fbem-29708	7	25	total	total	NOUN
fbem-29708	7	26	of	of	ADP
fbem-29708	7	27	3,445	3,445	NUM
fbem-29708	7	28	points	point	NOUN
fbem-29708	7	29	throughout	throughout	ADP
fbem-29708	7	30	the	the	DET
fbem-29708	7	31	year	year	NOUN
fbem-29708	7	32	,	,	PUNCT
fbem-29708	7	33	representing	represent	VERB
fbem-29708	7	34	a	a	DET
fbem-29708	7	35	decline	decline	NOUN
fbem-29708	7	36	of	of	ADP
fbem-29708	7	37	65.39	65.39	NUM
fbem-29708	7	38	%	%	NOUN
fbem-29708	7	39	,	,	PUNCT
fbem-29708	7	40	marking	mark	VERB
fbem-29708	7	41	the	the	DET
fbem-29708	7	42	largest	large	ADJ
fbem-29708	7	43	drop	drop	NOUN
fbem-29708	7	44	in	in	ADP
fbem-29708	7	45	the	the	DET
fbem-29708	7	46	18	18	NUM
fbem-29708	7	47	-	-	PUNCT
fbem-29708	7	48	year	year	NOUN
fbem-29708	7	49	history	history	NOUN
fbem-29708	7	50	of	of	ADP
fbem-29708	7	51	a	a	DET
fbem-29708	7	52	-	-	PUNCT
fbem-29708	7	53	shares	share	NOUN
fbem-29708	7	54	.	.	PUNCT
fbem-29708	8	1	the	the	DET
fbem-29708	8	2	shanghai	shanghai	PROPN
fbem-29708	8	3	composite	composite	PROPN
fbem-29708	8	4	index	index	NOUN
fbem-29708	8	5	fell	fall	VERB
fbem-29708	8	6	from	from	ADP
fbem-29708	8	7	its	its	PRON
fbem-29708	8	8	historical	historical	ADJ
fbem-29708	8	9	high	high	NOUN
fbem-29708	8	10	of	of	ADP
fbem-29708	8	11	6124	6124	NUM
fbem-29708	8	12	points	point	NOUN
fbem-29708	8	13	in	in	ADP
fbem-29708	8	14	october	october	PROPN
fbem-29708	8	15	2007	2007	NUM
fbem-29708	8	16	to	to	ADP
fbem-29708	8	17	a	a	DET
fbem-29708	8	18	low	low	NOUN
fbem-29708	8	19	of	of	ADP
fbem-29708	8	20	1664.93	1664.93	NUM
fbem-29708	8	21	points	point	NOUN
fbem-29708	8	22	in	in	ADP
fbem-29708	8	23	2008	2008	NUM
fbem-29708	8	24	,	,	PUNCT
fbem-29708	8	25	resulting	result	VERB
fbem-29708	8	26	in	in	ADP
fbem-29708	8	27	a	a	DET
fbem-29708	8	28	cumulative	cumulative	ADJ
fbem-29708	8	29	decline	decline	NOUN
fbem-29708	8	30	of	of	ADP
fbem-29708	8	31	72	72	NUM
fbem-29708	8	32	%	%	NOUN
fbem-29708	8	33	over	over	ADP
fbem-29708	8	34	the	the	DET
fbem-29708	8	35	course	course	NOUN
fbem-29708	8	36	of	of	ADP
fbem-29708	8	37	one	one	NUM
fbem-29708	8	38	year	year	NOUN
fbem-29708	8	39	,	,	PUNCT
fbem-29708	8	40	with	with	ADP
fbem-29708	8	41	both	both	CCONJ
fbem-29708	8	42	the	the	DET
fbem-29708	8	43	market	market	NOUN
fbem-29708	8	44	capitalization	capitalization	NOUN
fbem-29708	8	45	and	and	CCONJ
fbem-29708	8	46	circulating	circulate	VERB
fbem-29708	8	47	market	market	NOUN
fbem-29708	8	48	value	value	NOUN
fbem-29708	8	49	of	of	ADP
fbem-29708	8	50	the	the	DET
fbem-29708	8	51	shanghai	shanghai	PROPN
fbem-29708	8	52	and	and	CCONJ
fbem-29708	8	53	shenzhen	shenzhen	PROPN
fbem-29708	8	54	stock	stock	PROPN
fbem-29708	8	55	markets	market	NOUN
fbem-29708	8	56	shrinking	shrink	VERB
fbem-29708	8	57	by	by	ADP
fbem-29708	8	58	more	more	ADJ
fbem-29708	8	59	than	than	ADP
fbem-29708	8	60	60%.in	60%.in	PROPN
fbem-29708	8	61	2015	2015	NUM
fbem-29708	8	62	,	,	PUNCT
fbem-29708	8	63	the	the	DET
fbem-29708	8	64	chinese	chinese	ADJ
fbem-29708	8	65	a	a	DET
fbem-29708	8	66	-	-	PUNCT
fbem-29708	8	67	share	share	NOUN
fbem-29708	8	68	market	market	NOUN
fbem-29708	8	69	experienced	experience	VERB
fbem-29708	8	70	a	a	DET
fbem-29708	8	71	severe	severe	ADJ
fbem-29708	8	72	stock	stock	NOUN
fbem-29708	8	73	price	price	NOUN
fbem-29708	8	74	crash	crash	NOUN
fbem-29708	8	75	,	,	PUNCT
fbem-29708	8	76	reaching	reach	VERB
fbem-29708	8	77	a	a	DET
fbem-29708	8	78	peak	peak	NOUN
fbem-29708	8	79	of	of	ADP
fbem-29708	8	80	5178	5178	NUM
fbem-29708	8	81	points	point	NOUN
fbem-29708	8	82	in	in	ADP
fbem-29708	8	83	june	june	PROPN
fbem-29708	8	84	2015	2015	NUM
fbem-29708	8	85	,	,	PUNCT
fbem-29708	8	86	after	after	ADP
fbem-29708	8	87	which	which	PRON
fbem-29708	8	88	the	the	DET
fbem-29708	8	89	market	market	NOUN
fbem-29708	8	90	began	begin	VERB
fbem-29708	8	91	to	to	PART
fbem-29708	8	92	plummet	plummet	VERB
fbem-29708	8	93	dramatically	dramatically	ADV
fbem-29708	8	94	.	.	PUNCT
fbem-29708	9	1	within	within	ADP
fbem-29708	9	2	just	just	ADV
fbem-29708	9	3	17	17	NUM
fbem-29708	9	4	trading	trading	NOUN
fbem-29708	9	5	days	day	NOUN
fbem-29708	9	6	,	,	PUNCT
fbem-29708	9	7	the	the	DET
fbem-29708	9	8	shanghai	shanghai	PROPN
fbem-29708	9	9	composite	composite	ADJ
fbem-29708	9	10	index	index	NOUN
fbem-29708	9	11	fell	fall	VERB
fbem-29708	9	12	by	by	ADP
fbem-29708	9	13	more	more	ADJ
fbem-29708	9	14	than	than	ADP
fbem-29708	9	15	30	30	NUM
fbem-29708	9	16	%	%	NOUN
fbem-29708	9	17	,	,	PUNCT
fbem-29708	9	18	dropping	drop	VERB
fbem-29708	9	19	to	to	ADP
fbem-29708	9	20	2850	2850	NUM
fbem-29708	9	21	points	point	NOUN
fbem-29708	9	22	(	(	PUNCT
fbem-29708	9	23	tian	tian	ADJ
fbem-29708	9	24	,	,	PUNCT
fbem-29708	9	25	2020	2020	NUM
fbem-29708	9	26	)	)	PUNCT
fbem-29708	9	27	.	.	PUNCT
fbem-29708	10	1	the	the	DET
fbem-29708	10	2	two	two	NUM
fbem-29708	10	3	"	"	PUNCT
fbem-29708	10	4	plummeting	plummeting	ADJ
fbem-29708	10	5	"	"	PUNCT
fbem-29708	10	6	stock	stock	NOUN
fbem-29708	10	7	prices	price	NOUN
fbem-29708	10	8	in	in	ADP
fbem-29708	10	9	china	china	PROPN
fbem-29708	10	10	's	's	PART
fbem-29708	10	11	a	a	DET
fbem-29708	10	12	-	-	PUNCT
fbem-29708	10	13	share	share	NOUN
fbem-29708	10	14	market	market	NOUN
fbem-29708	10	15	have	have	AUX
fbem-29708	10	16	seriously	seriously	ADV
fbem-29708	10	17	impacted	impact	VERB
fbem-29708	10	18	the	the	DET
fbem-29708	10	19	healthy	healthy	ADJ
fbem-29708	10	20	development	development	NOUN
fbem-29708	10	21	of	of	ADP
fbem-29708	10	22	china	china	PROPN
fbem-29708	10	23	's	's	PART
fbem-29708	10	24	capital	capital	NOUN
fbem-29708	10	25	market	market	NOUN
fbem-29708	10	26	and	and	CCONJ
fbem-29708	10	27	investors	investor	NOUN
fbem-29708	10	28	'	'	PART
fbem-29708	10	29	investment	investment	NOUN
fbem-29708	10	30	confidence	confidence	NOUN
fbem-29708	10	31	and	and	CCONJ
fbem-29708	10	32	wealth	wealth	NOUN
fbem-29708	10	33	(	(	PUNCT
fbem-29708	10	34	meng	meng	PROPN
fbem-29708	10	35	et	et	PROPN
fbem-29708	10	36	al	al	PROPN
fbem-29708	10	37	.	.	PROPN
fbem-29708	10	38	,	,	PUNCT
fbem-29708	10	39	2017	2017	NUM
fbem-29708	10	40	)	)	PUNCT
fbem-29708	10	41	.	.	PUNCT
fbem-29708	11	1	therefore	therefore	ADV
fbem-29708	11	2	,	,	PUNCT
fbem-29708	11	3	it	it	PRON
fbem-29708	11	4	is	be	AUX
fbem-29708	11	5	of	of	ADP
fbem-29708	11	6	great	great	ADJ
fbem-29708	11	7	theoretical	theoretical	ADJ
fbem-29708	11	8	and	and	CCONJ
fbem-29708	11	9	practical	practical	ADJ
fbem-29708	11	10	significance	significance	NOUN
fbem-29708	11	11	to	to	PART
fbem-29708	11	12	explore	explore	VERB
fbem-29708	11	13	the	the	DET
fbem-29708	11	14	formation	formation	NOUN
fbem-29708	11	15	factors	factor	NOUN
fbem-29708	11	16	and	and	CCONJ
fbem-29708	11	17	governance	governance	NOUN
fbem-29708	11	18	methods	method	NOUN
fbem-29708	11	19	of	of	ADP
fbem-29708	11	20	stock	stock	NOUN
fbem-29708	11	21	price	price	NOUN
fbem-29708	11	22	crash	crash	NOUN
fbem-29708	11	23	risk	risk	NOUN
fbem-29708	11	24	to	to	PART
fbem-29708	11	25	reduce	reduce	VERB
fbem-29708	11	26	the	the	DET
fbem-29708	11	27	financial	financial	ADJ
fbem-29708	11	28	risk	risk	NOUN
fbem-29708	11	29	of	of	ADP
fbem-29708	11	30	china	china	PROPN
fbem-29708	11	31	's	's	PART
fbem-29708	11	32	capital	capital	NOUN
fbem-29708	11	33	market	market	NOUN
fbem-29708	11	34	and	and	CCONJ
fbem-29708	11	35	promote	promote	VERB
fbem-29708	11	36	the	the	DET
fbem-29708	11	37	healthy	healthy	ADJ
fbem-29708	11	38	and	and	CCONJ
fbem-29708	11	39	stable	stable	ADJ
fbem-29708	11	40	development	development	NOUN
fbem-29708	11	41	of	of	ADP
fbem-29708	11	42	the	the	DET
fbem-29708	11	43	market	market	NOUN
fbem-29708	11	44	(	(	PUNCT
fbem-29708	11	45	yang	yang	PROPN
fbem-29708	11	46	et	et	PROPN
fbem-29708	11	47	al	al	PROPN
fbem-29708	11	48	.	.	PROPN
fbem-29708	11	49	,	,	PUNCT
fbem-29708	11	50	2018	2018	NUM
fbem-29708	11	51	)	)	PUNCT
fbem-29708	11	52	.	.	PUNCT
fbem-29708	12	1	as	as	ADP
fbem-29708	12	2	the	the	DET
fbem-29708	12	3	"	"	PUNCT
fbem-29708	12	4	information	information	NOUN
fbem-29708	12	5	bridge	bridge	NOUN
fbem-29708	12	6	"	"	PUNCT
fbem-29708	12	7	between	between	ADP
fbem-29708	12	8	the	the	DET
fbem-29708	12	9	capital	capital	NOUN
fbem-29708	12	10	market	market	NOUN
fbem-29708	12	11	and	and	CCONJ
fbem-29708	12	12	investors	investor	NOUN
fbem-29708	12	13	(	(	PUNCT
fbem-29708	12	14	tian	tian	ADJ
fbem-29708	12	15	,	,	PUNCT
fbem-29708	12	16	2020	2020	NUM
fbem-29708	12	17	)	)	PUNCT
fbem-29708	12	18	,	,	PUNCT
fbem-29708	12	19	analysts	analyst	NOUN
fbem-29708	12	20	can	can	AUX
fbem-29708	12	21	interpret	interpret	VERB
fbem-29708	12	22	the	the	DET
fbem-29708	12	23	information	information	NOUN
fbem-29708	12	24	of	of	ADP
fbem-29708	12	25	the	the	DET
fbem-29708	12	26	financial	financial	ADJ
fbem-29708	12	27	market	market	NOUN
fbem-29708	12	28	and	and	CCONJ
fbem-29708	12	29	then	then	ADV
fbem-29708	12	30	transmit	transmit	VERB
fbem-29708	12	31	it	it	PRON
fbem-29708	12	32	to	to	ADP
fbem-29708	12	33	investors	investor	NOUN
fbem-29708	12	34	.	.	PUNCT
fbem-29708	13	1	analysts	analyst	NOUN
fbem-29708	13	2	'	'	PART
fbem-29708	13	3	investment	investment	NOUN
fbem-29708	13	4	income	income	NOUN
fbem-29708	13	5	forecasts	forecast	NOUN
fbem-29708	13	6	for	for	ADP
fbem-29708	13	7	listed	list	VERB
fbem-29708	13	8	companies	company	NOUN
fbem-29708	13	9	and	and	CCONJ
fbem-29708	13	10	corporate	corporate	ADJ
fbem-29708	13	11	investment	investment	NOUN
fbem-29708	13	12	income	income	NOUN
fbem-29708	13	13	ratings	rating	NOUN
fbem-29708	13	14	provide	provide	VERB
fbem-29708	13	15	an	an	DET
fbem-29708	13	16	important	important	ADJ
fbem-29708	13	17	reference	reference	NOUN
fbem-29708	13	18	for	for	ADP
fbem-29708	13	19	investors	investor	NOUN
fbem-29708	13	20	'	'	PART
fbem-29708	13	21	investment	investment	NOUN
fbem-29708	13	22	decisions	decision	NOUN
fbem-29708	13	23	,	,	PUNCT
fbem-29708	13	24	which	which	PRON
fbem-29708	13	25	can	can	AUX
fbem-29708	13	26	effectively	effectively	ADV
fbem-29708	13	27	promote	promote	VERB
fbem-29708	13	28	the	the	DET
fbem-29708	13	29	effective	effective	ADJ
fbem-29708	13	30	allocation	allocation	NOUN
fbem-29708	13	31	of	of	ADP
fbem-29708	13	32	market	market	NOUN
fbem-29708	13	33	resources	resource	NOUN
fbem-29708	13	34	for	for	ADP
fbem-29708	13	35	the	the	DET
fbem-29708	13	36	entire	entire	ADJ
fbem-29708	13	37	financial	financial	ADJ
fbem-29708	13	38	market	market	NOUN
fbem-29708	13	39	.	.	PUNCT
fbem-29708	14	1	in	in	ADP
fbem-29708	14	2	addition	addition	NOUN
fbem-29708	14	3	,	,	PUNCT
fbem-29708	14	4	analysts	analyst	NOUN
fbem-29708	14	5	can	can	AUX
fbem-29708	14	6	also	also	ADV
fbem-29708	14	7	be	be	AUX
fbem-29708	14	8	used	use	VERB
fbem-29708	14	9	as	as	ADP
fbem-29708	14	10	a	a	DET
fbem-29708	14	11	substitute	substitute	NOUN
fbem-29708	14	12	for	for	ADP
fbem-29708	14	13	corporate	corporate	ADJ
fbem-29708	14	14	governance	governance	NOUN
fbem-29708	14	15	,	,	PUNCT
fbem-29708	14	16	which	which	PRON
fbem-29708	14	17	can	can	AUX
fbem-29708	14	18	effectively	effectively	ADV
fbem-29708	14	19	improve	improve	VERB
fbem-29708	14	20	the	the	DET
fbem-29708	14	21	authenticity	authenticity	NOUN
fbem-29708	14	22	of	of	ADP
fbem-29708	14	23	corporate	corporate	ADJ
fbem-29708	14	24	information	information	NOUN
fbem-29708	14	25	disclosure	disclosure	NOUN
fbem-29708	14	26	,	,	PUNCT
fbem-29708	14	27	thereby	thereby	ADV
fbem-29708	14	28	reducing	reduce	VERB
fbem-29708	14	29	the	the	DET
fbem-29708	14	30	risk	risk	NOUN
fbem-29708	14	31	of	of	ADP
fbem-29708	14	32	corporate	corporate	ADJ
fbem-29708	14	33	stock	stock	NOUN
fbem-29708	14	34	price	price	NOUN
fbem-29708	14	35	crash	crash	NOUN
fbem-29708	14	36	(	(	PUNCT
fbem-29708	14	37	pan	pan	NOUN
fbem-29708	14	38	,	,	PUNCT
fbem-29708	14	39	2011	2011	NUM
fbem-29708	14	40	)	)	PUNCT
fbem-29708	14	41	.	.	PUNCT
fbem-29708	15	1	on	on	ADP
fbem-29708	15	2	the	the	DET
fbem-29708	15	3	contrary	contrary	NOUN
fbem-29708	15	4	,	,	PUNCT
fbem-29708	15	5	analysts	analyst	NOUN
fbem-29708	15	6	'	'	PART
fbem-29708	15	7	optimism	optimism	NOUN
fbem-29708	15	8	bias	bias	NOUN
fbem-29708	15	9	may	may	AUX
fbem-29708	15	10	increase	increase	VERB
fbem-29708	15	11	the	the	DET
fbem-29708	15	12	risk	risk	NOUN
fbem-29708	15	13	of	of	ADP
fbem-29708	15	14	stock	stock	NOUN
fbem-29708	15	15	price	price	NOUN
fbem-29708	15	16	crash	crash	NOUN
fbem-29708	15	17	(	(	PUNCT
fbem-29708	15	18	xu	xu	INTJ
fbem-29708	15	19	,	,	PUNCT
fbem-29708	15	20	2012	2012	NUM
fbem-29708	15	21	)	)	PUNCT
fbem-29708	15	22	,	,	PUNCT
fbem-29708	15	23	and	and	CCONJ
fbem-29708	15	24	the	the	DET
fbem-29708	15	25	increase	increase	NOUN
fbem-29708	15	26	in	in	ADP
fbem-29708	15	27	analyst	analyst	NOUN
fbem-29708	15	28	attention	attention	NOUN
fbem-29708	15	29	will	will	AUX
fbem-29708	15	30	increase	increase	VERB
fbem-29708	15	31	market	market	NOUN
fbem-29708	15	32	sentiment	sentiment	NOUN
fbem-29708	15	33	,	,	PUNCT
fbem-29708	15	34	which	which	PRON
fbem-29708	15	35	will	will	AUX
fbem-29708	15	36	lead	lead	VERB
fbem-29708	15	37	to	to	ADP
fbem-29708	15	38	irrational	irrational	ADJ
fbem-29708	15	39	factors	factor	NOUN
fbem-29708	15	40	in	in	ADP
fbem-29708	15	41	stock	stock	NOUN
fbem-29708	15	42	prices	price	NOUN
fbem-29708	15	43	and	and	CCONJ
fbem-29708	15	44	increase	increase	VERB
fbem-29708	15	45	the	the	DET
fbem-29708	15	46	risk	risk	NOUN
fbem-29708	15	47	of	of	ADP
fbem-29708	15	48	stock	stock	NOUN
fbem-29708	15	49	price	price	NOUN
fbem-29708	15	50	crash	crash	NOUN
fbem-29708	15	51	;	;	PUNCT
fbem-29708	15	52	in	in	ADP
fbem-29708	15	53	addition	addition	NOUN
fbem-29708	15	54	,	,	PUNCT
fbem-29708	15	55	analysts	analyst	NOUN
fbem-29708	15	56	'	'	PART
fbem-29708	15	57	concerns	concern	NOUN
fbem-29708	15	58	increase	increase	VERB
fbem-29708	15	59	the	the	DET
fbem-29708	15	60	pressure	pressure	NOUN
fbem-29708	15	61	on	on	ADP
fbem-29708	15	62	managers	manager	NOUN
fbem-29708	15	63	to	to	PART
fbem-29708	15	64	achieve	achieve	VERB
fbem-29708	15	65	short	short	ADJ
fbem-29708	15	66	-	-	PUNCT
fbem-29708	15	67	term	term	NOUN
fbem-29708	15	68	earnings	earning	NOUN
fbem-29708	15	69	targets	target	NOUN
fbem-29708	15	70	,	,	PUNCT
fbem-29708	15	71	prompting	prompt	VERB
fbem-29708	15	72	them	they	PRON
fbem-29708	15	73	to	to	PART
fbem-29708	15	74	engage	engage	VERB
fbem-29708	15	75	in	in	ADP
fbem-29708	15	76	upward	upward	ADJ
fbem-29708	15	77	earnings	earning	NOUN
fbem-29708	15	78	management	management	NOUN
fbem-29708	15	79	information	information	NOUN
fbem-29708	15	80	manipulation	manipulation	NOUN
fbem-29708	15	81	,	,	PUNCT
fbem-29708	15	82	thereby	thereby	ADV
fbem-29708	15	83	increasing	increase	VERB
fbem-29708	15	84	the	the	DET
fbem-29708	15	85	risk	risk	NOUN
fbem-29708	15	86	of	of	ADP
fbem-29708	15	87	future	future	ADJ
fbem-29708	15	88	stock	stock	NOUN
fbem-29708	15	89	price	price	NOUN
fbem-29708	15	90	crashes	crash	NOUN
fbem-29708	15	91	(	(	PUNCT
fbem-29708	15	92	han	han	PROPN
fbem-29708	15	93	et	et	PROPN
fbem-29708	15	94	al	al	PROPN
fbem-29708	15	95	.	.	PROPN
fbem-29708	15	96	,	,	PUNCT
fbem-29708	15	97	2021	2021	NUM
fbem-29708	15	98	)	)	PUNCT
fbem-29708	15	99	.	.	PUNCT
fbem-29708	16	1	as	as	ADP
fbem-29708	16	2	an	an	DET
fbem-29708	16	3	informal	informal	ADJ
fbem-29708	16	4	system	system	NOUN
fbem-29708	16	5	,	,	PUNCT
fbem-29708	16	6	regional	regional	ADJ
fbem-29708	16	7	social	social	ADJ
fbem-29708	16	8	trust	trust	NOUN
fbem-29708	16	9	can	can	AUX
fbem-29708	16	10	inhibit	inhibit	VERB
fbem-29708	16	11	the	the	DET
fbem-29708	16	12	incentive	incentive	NOUN
fbem-29708	16	13	of	of	ADP
fbem-29708	16	14	firms	firm	NOUN
fbem-29708	16	15	to	to	PART
fbem-29708	16	16	conceal	conceal	VERB
fbem-29708	16	17	bad	bad	ADJ
fbem-29708	16	18	news	news	NOUN
fbem-29708	16	19	,	,	PUNCT
fbem-29708	16	20	thereby	thereby	ADV
fbem-29708	16	21	reducing	reduce	VERB
fbem-29708	16	22	the	the	DET
fbem-29708	16	23	risk	risk	NOUN
fbem-29708	16	24	of	of	ADP
fbem-29708	16	25	stock	stock	NOUN
fbem-29708	16	26	price	price	NOUN
fbem-29708	16	27	crash	crash	NOUN
fbem-29708	16	28	(	(	PUNCT
fbem-29708	16	29	liu	liu	PROPN
fbem-29708	16	30	et	et	PROPN
fbem-29708	16	31	al	al	PROPN
fbem-29708	16	32	.	.	PROPN
fbem-29708	16	33	,	,	PUNCT
fbem-29708	16	34	2016	2016	NUM
fbem-29708	16	35	)	)	PUNCT
fbem-29708	16	36	.	.	PUNCT
fbem-29708	17	1	at	at	ADP
fbem-29708	17	2	the	the	DET
fbem-29708	17	3	same	same	ADJ
fbem-29708	17	4	time	time	NOUN
fbem-29708	17	5	,	,	PUNCT
fbem-29708	17	6	firms	firm	NOUN
fbem-29708	17	7	in	in	ADP
fbem-29708	17	8	areas	area	NOUN
fbem-29708	17	9	with	with	ADP
fbem-29708	17	10	high	high	ADJ
fbem-29708	17	11	social	social	ADJ
fbem-29708	17	12	trust	trust	NOUN
fbem-29708	17	13	tend	tend	VERB
fbem-29708	17	14	to	to	PART
fbem-29708	17	15	be	be	AUX
fbem-29708	17	16	associated	associate	VERB
fbem-29708	17	17	with	with	ADP
fbem-29708	17	18	higher	high	ADJ
fbem-29708	17	19	accounting	accounting	NOUN
fbem-29708	17	20	soundness	soundness	NOUN
fbem-29708	17	21	and	and	CCONJ
fbem-29708	17	22	fewer	few	ADJ
fbem-29708	17	23	financial	financial	ADJ
fbem-29708	17	24	restatements	restatement	NOUN
fbem-29708	17	25	,	,	PUNCT
fbem-29708	17	26	thereby	thereby	ADV
fbem-29708	17	27	reducing	reduce	VERB
fbem-29708	17	28	the	the	DET
fbem-29708	17	29	risk	risk	NOUN
fbem-29708	17	30	of	of	ADP
fbem-29708	17	31	a	a	DET
fbem-29708	17	32	firm	firm	NOUN
fbem-29708	17	33	's	's	PART
fbem-29708	17	34	stock	stock	NOUN
fbem-29708	17	35	price	price	NOUN
fbem-29708	17	36	crash	crash	NOUN
fbem-29708	17	37	(	(	PUNCT
fbem-29708	17	38	li	li	PROPN
fbem-29708	17	39	et	et	PROPN
fbem-29708	17	40	al	al	PROPN
fbem-29708	17	41	.	.	PROPN
fbem-29708	17	42	2017	2017	NUM
fbem-29708	17	43	)	)	PUNCT
fbem-29708	17	44	.	.	PUNCT
fbem-29708	18	1	social	social	ADJ
fbem-29708	18	2	trust	trust	NOUN
fbem-29708	18	3	will	will	AUX
fbem-29708	18	4	also	also	ADV
fbem-29708	18	5	have	have	VERB
fbem-29708	18	6	a	a	DET
fbem-29708	18	7	positive	positive	ADJ
fbem-29708	18	8	impact	impact	NOUN
fbem-29708	18	9	on	on	ADP
fbem-29708	18	10	corporate	corporate	ADJ
fbem-29708	18	11	information	information	NOUN
fbem-29708	18	12	disclosure	disclosure	NOUN
fbem-29708	18	13	and	and	CCONJ
fbem-29708	18	14	investment	investment	NOUN
fbem-29708	18	15	and	and	CCONJ
fbem-29708	18	16	financing	financing	NOUN
fbem-29708	18	17	behavior	behavior	NOUN
fbem-29708	18	18	,	,	PUNCT
fbem-29708	18	19	thereby	thereby	ADV
fbem-29708	18	20	reducing	reduce	VERB
fbem-29708	18	21	the	the	DET
fbem-29708	18	22	risk	risk	NOUN
fbem-29708	18	23	of	of	ADP
fbem-29708	18	24	stock	stock	NOUN
fbem-29708	18	25	price	price	NOUN
fbem-29708	18	26	crash	crash	NOUN
fbem-29708	18	27	(	(	PUNCT
fbem-29708	18	28	nie	nie	PROPN
fbem-29708	18	29	&	&	CCONJ
fbem-29708	18	30	ran	run	VERB
fbem-29708	18	31	,	,	PUNCT
fbem-29708	18	32	2020	2020	NUM
fbem-29708	18	33	)	)	PUNCT
fbem-29708	18	34	.	.	PUNCT
fbem-29708	19	1	in	in	ADP
fbem-29708	19	2	summary	summary	NOUN
fbem-29708	19	3	,	,	PUNCT
fbem-29708	19	4	it	it	PRON
fbem-29708	19	5	is	be	AUX
fbem-29708	19	6	of	of	ADP
fbem-29708	19	7	great	great	ADJ
fbem-29708	19	8	significance	significance	NOUN
fbem-29708	19	9	to	to	PART
fbem-29708	19	10	explore	explore	VERB
fbem-29708	19	11	the	the	DET
fbem-29708	19	12	impact	impact	NOUN
fbem-29708	19	13	of	of	ADP
fbem-29708	19	14	analysts	analyst	NOUN
fbem-29708	19	15	'	'	PART
fbem-29708	19	16	attention	attention	NOUN
fbem-29708	19	17	on	on	ADP
fbem-29708	19	18	stock	stock	NOUN
fbem-29708	19	19	price	price	NOUN
fbem-29708	19	20	crash	crash	NOUN
fbem-29708	19	21	risk	risk	NOUN
fbem-29708	19	22	from	from	ADP
fbem-29708	19	23	the	the	DET
fbem-29708	19	24	perspective	perspective	NOUN
fbem-29708	19	25	of	of	ADP
fbem-29708	19	26	social	social	ADJ
fbem-29708	19	27	trust	trust	NOUN
fbem-29708	19	28	for	for	ADP
fbem-29708	19	29	the	the	DET
fbem-29708	19	30	stable	stable	ADJ
fbem-29708	19	31	development	development	NOUN
fbem-29708	19	32	of	of	ADP
fbem-29708	19	33	china	china	PROPN
fbem-29708	19	34	's	's	PART
fbem-29708	19	35	capital	capital	NOUN
fbem-29708	19	36	market	market	NOUN
fbem-29708	19	37	and	and	CCONJ
fbem-29708	19	38	society	society	NOUN
fbem-29708	19	39	.	.	PUNCT
fbem-29708	20	1	compared	compare	VERB
fbem-29708	20	2	with	with	ADP
fbem-29708	20	3	the	the	DET
fbem-29708	20	4	previous	previous	ADJ
fbem-29708	20	5	literature	literature	NOUN
fbem-29708	20	6	,	,	PUNCT
fbem-29708	20	7	this	this	DET
fbem-29708	20	8	paper	paper	NOUN
fbem-29708	20	9	introduces	introduce	VERB
fbem-29708	20	10	the	the	DET
fbem-29708	20	11	moderating	moderate	VERB
fbem-29708	20	12	effect	effect	NOUN
fbem-29708	20	13	of	of	ADP
fbem-29708	20	14	social	social	ADJ
fbem-29708	20	15	trust	trust	NOUN
fbem-29708	20	16	into	into	ADP
fbem-29708	20	17	the	the	DET
fbem-29708	20	18	impact	impact	NOUN
fbem-29708	20	19	of	of	ADP
fbem-29708	20	20	analysts	analyst	NOUN
fbem-29708	20	21	'	'	PART
fbem-29708	20	22	attention	attention	NOUN
fbem-29708	20	23	on	on	ADP
fbem-29708	20	24	stock	stock	NOUN
fbem-29708	20	25	price	price	NOUN
fbem-29708	20	26	crash	crash	NOUN
fbem-29708	20	27	risk	risk	NOUN
fbem-29708	20	28	,	,	PUNCT
fbem-29708	20	29	and	and	CCONJ
fbem-29708	20	30	enriches	enrich	VERB
fbem-29708	20	31	the	the	DET
fbem-29708	20	32	articles	article	NOUN
fbem-29708	20	33	on	on	ADP
fbem-29708	20	34	stock	stock	NOUN
fbem-29708	20	35	price	price	NOUN
fbem-29708	20	36	crash	crash	NOUN
fbem-29708	20	37	risk	risk	NOUN
fbem-29708	20	38	;	;	PUNCT
fbem-29708	20	39	it	it	PRON
fbem-29708	20	40	also	also	ADV
fbem-29708	20	41	provides	provide	VERB
fbem-29708	20	42	a	a	DET
fbem-29708	20	43	reference	reference	NOUN
fbem-29708	20	44	scheme	scheme	NOUN
fbem-29708	20	45	of	of	ADP
fbem-29708	20	46	practical	practical	ADJ
fbem-29708	20	47	significance	significance	NOUN
fbem-29708	20	48	for	for	ADP
fbem-29708	20	49	the	the	DET
fbem-29708	20	50	formulation	formulation	NOUN
fbem-29708	20	51	of	of	ADP
fbem-29708	20	52	national	national	ADJ
fbem-29708	20	53	policies	policy	NOUN
fbem-29708	20	54	and	and	CCONJ
fbem-29708	20	55	the	the	DET
fbem-29708	20	56	maintenance	maintenance	NOUN
fbem-29708	20	57	of	of	ADP
fbem-29708	20	58	the	the	DET
fbem-29708	20	59	long	long	ADJ
fbem-29708	20	60	-	-	PUNCT
fbem-29708	20	61	term	term	NOUN
fbem-29708	20	62	and	and	CCONJ
fbem-29708	20	63	stable	stable	ADJ
fbem-29708	20	64	development	development	NOUN
fbem-29708	20	65	of	of	ADP
fbem-29708	20	66	china	china	PROPN
fbem-29708	20	67	's	's	PART
fbem-29708	20	68	financial	financial	ADJ
fbem-29708	20	69	market	market	NOUN
fbem-29708	20	70	.	.	PUNCT
fbem-29708	21	1	2	2	X
fbem-29708	21	2	.	.	X
fbem-29708	21	3	theoretical	theoretical	ADJ
fbem-29708	21	4	analysis	analysis	NOUN
fbem-29708	21	5	and	and	CCONJ
fbem-29708	21	6	research	research	NOUN
fbem-29708	21	7	hypotheses	hypothese	VERB
fbem-29708	21	8	stock	stock	NOUN
fbem-29708	21	9	price	price	NOUN
fbem-29708	21	10	crash	crash	NOUN
fbem-29708	21	11	risk	risk	NOUN
fbem-29708	21	12	refers	refer	VERB
fbem-29708	21	13	to	to	ADP
fbem-29708	21	14	a	a	DET
fbem-29708	21	15	situation	situation	NOUN
fbem-29708	21	16	in	in	ADP
fbem-29708	21	17	which	which	PRON
fbem-29708	21	18	a	a	DET
fbem-29708	21	19	company	company	NOUN
fbem-29708	21	20	's	's	PART
fbem-29708	21	21	stock	stock	NOUN
fbem-29708	21	22	falls	fall	VERB
fbem-29708	21	23	significantly	significantly	ADV
fbem-29708	21	24	in	in	ADP
fbem-29708	21	25	a	a	DET
fbem-29708	21	26	short	short	ADJ
fbem-29708	21	27	period	period	NOUN
fbem-29708	21	28	of	of	ADP
fbem-29708	21	29	time	time	NOUN
fbem-29708	21	30	(	(	PUNCT
fbem-29708	21	31	jin	jin	PROPN
fbem-29708	21	32	&	&	CCONJ
fbem-29708	21	33	myers	myers	PROPN
fbem-29708	21	34	,	,	PUNCT
fbem-29708	21	35	2006	2006	NUM
fbem-29708	21	36	)	)	PUNCT
fbem-29708	21	37	.	.	PUNCT
fbem-29708	22	1	previous	previous	ADJ
fbem-29708	22	2	cases	case	NOUN
fbem-29708	22	3	have	have	AUX
fbem-29708	22	4	shown	show	VERB
fbem-29708	22	5	that	that	SCONJ
fbem-29708	22	6	there	there	PRON
fbem-29708	22	7	are	be	VERB
fbem-29708	22	8	two	two	NUM
fbem-29708	22	9	triggers	trigger	NOUN
fbem-29708	22	10	for	for	ADP
fbem-29708	22	11	stock	stock	NOUN
fbem-29708	22	12	price	price	NOUN
fbem-29708	22	13	crash	crash	NOUN
fbem-29708	22	14	risk	risk	NOUN
fbem-29708	22	15	,	,	PUNCT
fbem-29708	22	16	one	one	NUM
fbem-29708	22	17	is	be	AUX
fbem-29708	22	18	agency	agency	NOUN
fbem-29708	22	19	problems	problem	NOUN
fbem-29708	22	20	,	,	PUNCT
fbem-29708	22	21	which	which	PRON
fbem-29708	22	22	can	can	AUX
fbem-29708	22	23	lead	lead	VERB
fbem-29708	22	24	to	to	ADP
fbem-29708	22	25	opportunistic	opportunistic	ADJ
fbem-29708	22	26	behavior	behavior	NOUN
fbem-29708	22	27	in	in	ADP
fbem-29708	22	28	corporate	corporate	ADJ
fbem-29708	22	29	management	management	NOUN
fbem-29708	22	30	,	,	PUNCT
fbem-29708	22	31	which	which	PRON
fbem-29708	22	32	can	can	AUX
fbem-29708	22	33	lead	lead	VERB
fbem-29708	22	34	to	to	ADP
fbem-29708	22	35	the	the	DET
fbem-29708	22	36	risk	risk	NOUN
fbem-29708	22	37	of	of	ADP
fbem-29708	22	38	stock	stock	NOUN
fbem-29708	22	39	price	price	NOUN
fbem-29708	22	40	crash	crash	NOUN
fbem-29708	22	41	(	(	PUNCT
fbem-29708	22	42	liang	liang	PROPN
fbem-29708	22	43	&	&	CCONJ
fbem-29708	22	44	zeng	zeng	PROPN
fbem-29708	22	45	,	,	PUNCT
fbem-29708	22	46	2016	2016	NUM
fbem-29708	22	47	)	)	PUNCT
fbem-29708	22	48	.	.	PUNCT
fbem-29708	23	1	the	the	DET
fbem-29708	23	2	"	"	PUNCT
fbem-29708	23	3	hollowing	hollow	VERB
fbem-29708	23	4	out	out	ADP
fbem-29708	23	5	"	"	PUNCT
fbem-29708	23	6	of	of	ADP
fbem-29708	23	7	the	the	DET
fbem-29708	23	8	management	management	NOUN
fbem-29708	23	9	and	and	CCONJ
fbem-29708	23	10	the	the	DET
fbem-29708	23	11	opportunistic	opportunistic	ADJ
fbem-29708	23	12	behavior	behavior	NOUN
fbem-29708	23	13	of	of	ADP
fbem-29708	23	14	obtaining	obtain	VERB
fbem-29708	23	15	more	more	ADJ
fbem-29708	23	16	self	self	NOUN
fbem-29708	23	17	-	-	PUNCT
fbem-29708	23	18	interest	interest	NOUN
fbem-29708	23	19	will	will	AUX
fbem-29708	23	20	cause	cause	VERB
fbem-29708	23	21	the	the	DET
fbem-29708	23	22	company	company	NOUN
fbem-29708	23	23	to	to	PART
fbem-29708	23	24	hoard	hoard	VERB
fbem-29708	23	25	more	more	ADJ
fbem-29708	23	26	209	209	NUM
fbem-29708	23	27	"	"	PUNCT
fbem-29708	23	28	negative	negative	ADJ
fbem-29708	23	29	news	news	NOUN
fbem-29708	23	30	"	"	PUNCT
fbem-29708	23	31	,	,	PUNCT
fbem-29708	23	32	and	and	CCONJ
fbem-29708	23	33	when	when	SCONJ
fbem-29708	23	34	the	the	DET
fbem-29708	23	35	"	"	PUNCT
fbem-29708	23	36	negative	negative	ADJ
fbem-29708	23	37	news	news	NOUN
fbem-29708	23	38	"	"	PUNCT
fbem-29708	23	39	hoards	hoard	NOUN
fbem-29708	23	40	to	to	ADP
fbem-29708	23	41	a	a	DET
fbem-29708	23	42	certain	certain	ADJ
fbem-29708	23	43	extent	extent	NOUN
fbem-29708	23	44	,	,	PUNCT
fbem-29708	23	45	it	it	PRON
fbem-29708	23	46	will	will	AUX
fbem-29708	23	47	be	be	AUX
fbem-29708	23	48	released	release	VERB
fbem-29708	23	49	in	in	ADP
fbem-29708	23	50	a	a	DET
fbem-29708	23	51	large	large	ADJ
fbem-29708	23	52	amount	amount	NOUN
fbem-29708	23	53	in	in	ADP
fbem-29708	23	54	a	a	DET
fbem-29708	23	55	short	short	ADJ
fbem-29708	23	56	period	period	NOUN
fbem-29708	23	57	of	of	ADP
fbem-29708	23	58	time	time	NOUN
fbem-29708	23	59	,	,	PUNCT
fbem-29708	23	60	thus	thus	ADV
fbem-29708	23	61	causing	cause	VERB
fbem-29708	23	62	the	the	DET
fbem-29708	23	63	company	company	NOUN
fbem-29708	23	64	's	's	PART
fbem-29708	23	65	stock	stock	NOUN
fbem-29708	23	66	price	price	NOUN
fbem-29708	23	67	to	to	ADP
fbem-29708	23	68	crash	crash	NOUN
fbem-29708	23	69	.	.	PUNCT
fbem-29708	24	1	the	the	DET
fbem-29708	24	2	second	second	NOUN
fbem-29708	24	3	is	be	AUX
fbem-29708	24	4	the	the	DET
fbem-29708	24	5	opacity	opacity	NOUN
fbem-29708	24	6	of	of	ADP
fbem-29708	24	7	information	information	NOUN
fbem-29708	24	8	disclosure	disclosure	NOUN
fbem-29708	24	9	of	of	ADP
fbem-29708	24	10	listed	list	VERB
fbem-29708	24	11	companies	company	NOUN
fbem-29708	24	12	,	,	PUNCT
fbem-29708	24	13	and	and	CCONJ
fbem-29708	24	14	companies	company	NOUN
fbem-29708	24	15	will	will	AUX
fbem-29708	24	16	selectively	selectively	ADV
fbem-29708	24	17	disclose	disclose	VERB
fbem-29708	24	18	some	some	DET
fbem-29708	24	19	good	good	ADJ
fbem-29708	24	20	information	information	NOUN
fbem-29708	24	21	and	and	CCONJ
fbem-29708	24	22	hoard	hoard	VERB
fbem-29708	24	23	"	"	PUNCT
fbem-29708	24	24	bad	bad	ADJ
fbem-29708	24	25	news	news	NOUN
fbem-29708	24	26	"	"	PUNCT
fbem-29708	24	27	,	,	PUNCT
fbem-29708	24	28	this	this	DET
fbem-29708	24	29	information	information	NOUN
fbem-29708	24	30	asymmetry	asymmetry	NOUN
fbem-29708	24	31	prevents	prevent	VERB
fbem-29708	24	32	external	external	ADJ
fbem-29708	24	33	investors	investor	NOUN
fbem-29708	24	34	from	from	ADP
fbem-29708	24	35	making	make	VERB
fbem-29708	24	36	the	the	DET
fbem-29708	24	37	right	right	ADJ
fbem-29708	24	38	investment	investment	NOUN
fbem-29708	24	39	behavior	behavior	NOUN
fbem-29708	24	40	,	,	PUNCT
fbem-29708	24	41	and	and	CCONJ
fbem-29708	24	42	when	when	SCONJ
fbem-29708	24	43	the	the	DET
fbem-29708	24	44	"	"	PUNCT
fbem-29708	24	45	bad	bad	ADJ
fbem-29708	24	46	news	news	NOUN
fbem-29708	24	47	"	"	PUNCT
fbem-29708	24	48	can	can	AUX
fbem-29708	24	49	no	no	ADV
fbem-29708	24	50	longer	long	ADV
fbem-29708	24	51	be	be	AUX
fbem-29708	24	52	hoarded	hoard	VERB
fbem-29708	24	53	,	,	PUNCT
fbem-29708	24	54	it	it	PRON
fbem-29708	24	55	is	be	AUX
fbem-29708	24	56	released	release	VERB
fbem-29708	24	57	externally	externally	ADV
fbem-29708	24	58	,	,	PUNCT
fbem-29708	24	59	at	at	ADP
fbem-29708	24	60	which	which	DET
fbem-29708	24	61	point	point	NOUN
fbem-29708	24	62	the	the	DET
fbem-29708	24	63	market	market	NOUN
fbem-29708	24	64	reacts	react	VERB
fbem-29708	24	65	,	,	PUNCT
fbem-29708	24	66	causing	cause	VERB
fbem-29708	24	67	the	the	DET
fbem-29708	24	68	company	company	NOUN
fbem-29708	24	69	's	's	PART
fbem-29708	24	70	stock	stock	NOUN
fbem-29708	24	71	price	price	NOUN
fbem-29708	24	72	to	to	PART
fbem-29708	24	73	plummet	plummet	VERB
fbem-29708	24	74	(	(	PUNCT
fbem-29708	24	75	hutton	hutton	PROPN
fbem-29708	24	76	et	et	PROPN
fbem-29708	24	77	al	al	PROPN
fbem-29708	24	78	.	.	PROPN
fbem-29708	24	79	2009	2009	NUM
fbem-29708	24	80	)	)	PUNCT
fbem-29708	24	81	.	.	PUNCT
fbem-29708	25	1	2.1	2.1	NUM
fbem-29708	25	2	.	.	PUNCT
fbem-29708	26	1	analyst	analyst	NOUN
fbem-29708	26	2	focus	focus	NOUN
fbem-29708	26	3	and	and	CCONJ
fbem-29708	26	4	stock	stock	NOUN
fbem-29708	26	5	price	price	NOUN
fbem-29708	26	6	crash	crash	NOUN
fbem-29708	26	7	risk	risk	NOUN
fbem-29708	26	8	as	as	ADP
fbem-29708	26	9	an	an	DET
fbem-29708	26	10	information	information	NOUN
fbem-29708	26	11	intermediary	intermediary	NOUN
fbem-29708	26	12	between	between	ADP
fbem-29708	26	13	investors	investor	NOUN
fbem-29708	26	14	and	and	CCONJ
fbem-29708	26	15	listed	list	VERB
fbem-29708	26	16	companies	company	NOUN
fbem-29708	26	17	,	,	PUNCT
fbem-29708	26	18	analysts	analyst	NOUN
fbem-29708	26	19	screen	screen	VERB
fbem-29708	26	20	and	and	CCONJ
fbem-29708	26	21	transmit	transmit	VERB
fbem-29708	26	22	investment	investment	NOUN
fbem-29708	26	23	signals	signal	NOUN
fbem-29708	26	24	to	to	ADP
fbem-29708	26	25	investors	investor	NOUN
fbem-29708	26	26	in	in	ADP
fbem-29708	26	27	the	the	DET
fbem-29708	26	28	financial	financial	ADJ
fbem-29708	26	29	market	market	NOUN
fbem-29708	26	30	,	,	PUNCT
fbem-29708	26	31	which	which	PRON
fbem-29708	26	32	will	will	AUX
fbem-29708	26	33	increase	increase	VERB
fbem-29708	26	34	the	the	DET
fbem-29708	26	35	value	value	NOUN
fbem-29708	26	36	of	of	ADP
fbem-29708	26	37	the	the	DET
fbem-29708	26	38	company	company	NOUN
fbem-29708	26	39	's	's	PART
fbem-29708	26	40	stock	stock	NOUN
fbem-29708	26	41	price	price	NOUN
fbem-29708	26	42	information	information	NOUN
fbem-29708	26	43	and	and	CCONJ
fbem-29708	26	44	reduce	reduce	VERB
fbem-29708	26	45	the	the	DET
fbem-29708	26	46	synchronization	synchronization	NOUN
fbem-29708	26	47	of	of	ADP
fbem-29708	26	48	the	the	DET
fbem-29708	26	49	company	company	NOUN
fbem-29708	26	50	's	's	PART
fbem-29708	26	51	stock	stock	NOUN
fbem-29708	26	52	price	price	NOUN
fbem-29708	26	53	to	to	ADP
fbem-29708	26	54	a	a	DET
fbem-29708	26	55	certain	certain	ADJ
fbem-29708	26	56	extent	extent	NOUN
fbem-29708	26	57	(	(	PUNCT
fbem-29708	26	58	li	li	PROPN
fbem-29708	26	59	et	et	PROPN
fbem-29708	26	60	al	al	PROPN
fbem-29708	26	61	.	.	PROPN
fbem-29708	26	62	,	,	PUNCT
fbem-29708	26	63	2016	2016	NUM
fbem-29708	26	64	)	)	PUNCT
fbem-29708	26	65	.	.	PUNCT
fbem-29708	27	1	however	however	ADV
fbem-29708	27	2	,	,	PUNCT
fbem-29708	27	3	the	the	DET
fbem-29708	27	4	role	role	NOUN
fbem-29708	27	5	of	of	ADP
fbem-29708	27	6	analysts	analyst	NOUN
fbem-29708	27	7	as	as	ADP
fbem-29708	27	8	information	information	NOUN
fbem-29708	27	9	intermediaries	intermediary	NOUN
fbem-29708	27	10	is	be	AUX
fbem-29708	27	11	not	not	PART
fbem-29708	27	12	always	always	ADV
fbem-29708	27	13	positive	positive	ADJ
fbem-29708	27	14	,	,	PUNCT
fbem-29708	27	15	and	and	CCONJ
fbem-29708	27	16	it	it	PRON
fbem-29708	27	17	can	can	AUX
fbem-29708	27	18	be	be	AUX
fbem-29708	27	19	seen	see	VERB
fbem-29708	27	20	from	from	ADP
fbem-29708	27	21	the	the	DET
fbem-29708	27	22	relationship	relationship	NOUN
fbem-29708	27	23	between	between	ADP
fbem-29708	27	24	media	medium	NOUN
fbem-29708	27	25	attention	attention	NOUN
fbem-29708	27	26	and	and	CCONJ
fbem-29708	27	27	analyst	analyst	NOUN
fbem-29708	27	28	attention	attention	NOUN
fbem-29708	27	29	that	that	PRON
fbem-29708	27	30	analysts	analyst	NOUN
fbem-29708	27	31	will	will	AUX
fbem-29708	27	32	enhance	enhance	VERB
fbem-29708	27	33	the	the	DET
fbem-29708	27	34	media	medium	NOUN
fbem-29708	27	35	attention	attention	NOUN
fbem-29708	27	36	of	of	ADP
fbem-29708	27	37	enterprises	enterprise	NOUN
fbem-29708	27	38	,	,	PUNCT
fbem-29708	27	39	thereby	thereby	ADV
fbem-29708	27	40	increasing	increase	VERB
fbem-29708	27	41	the	the	DET
fbem-29708	27	42	risk	risk	NOUN
fbem-29708	27	43	of	of	ADP
fbem-29708	27	44	stock	stock	NOUN
fbem-29708	27	45	price	price	NOUN
fbem-29708	27	46	crash	crash	NOUN
fbem-29708	27	47	of	of	ADP
fbem-29708	27	48	enterprises	enterprise	NOUN
fbem-29708	27	49	(	(	PUNCT
fbem-29708	27	50	cu&san	cu&san	PROPN
fbem-29708	27	51	,	,	PUNCT
fbem-29708	27	52	2022	2022	NUM
fbem-29708	27	53	)	)	PUNCT
fbem-29708	27	54	;	;	PUNCT
fbem-29708	27	55	moreover	moreover	ADV
fbem-29708	27	56	,	,	PUNCT
fbem-29708	27	57	the	the	DET
fbem-29708	27	58	impact	impact	NOUN
fbem-29708	27	59	of	of	ADP
fbem-29708	27	60	analysts	analyst	NOUN
fbem-29708	27	61	'	'	PART
fbem-29708	27	62	concerns	concern	NOUN
fbem-29708	27	63	on	on	ADP
fbem-29708	27	64	corporate	corporate	ADJ
fbem-29708	27	65	earnings	earning	NOUN
fbem-29708	27	66	management	management	NOUN
fbem-29708	27	67	varies	vary	VERB
fbem-29708	27	68	depending	depend	VERB
fbem-29708	27	69	on	on	ADP
fbem-29708	27	70	the	the	DET
fbem-29708	27	71	development	development	NOUN
fbem-29708	27	72	of	of	ADP
fbem-29708	27	73	capital	capital	NOUN
fbem-29708	27	74	markets	market	NOUN
fbem-29708	27	75	(	(	PUNCT
fbem-29708	27	76	degeorge	degeorge	VERB
fbem-29708	27	77	et	et	PROPN
fbem-29708	27	78	al	al	PROPN
fbem-29708	27	79	.	.	PROPN
fbem-29708	27	80	2013	2013	NUM
fbem-29708	27	81	)	)	PUNCT
fbem-29708	27	82	;	;	PUNCT
fbem-29708	27	83	in	in	ADP
fbem-29708	27	84	addition	addition	NOUN
fbem-29708	27	85	,	,	PUNCT
fbem-29708	27	86	the	the	DET
fbem-29708	27	87	positive	positive	ADJ
fbem-29708	27	88	effect	effect	NOUN
fbem-29708	27	89	of	of	ADP
fbem-29708	27	90	cash	cash	NOUN
fbem-29708	27	91	flow	flow	NOUN
fbem-29708	27	92	risk	risk	NOUN
fbem-29708	27	93	on	on	ADP
fbem-29708	27	94	stock	stock	NOUN
fbem-29708	27	95	price	price	NOUN
fbem-29708	27	96	crash	crash	NOUN
fbem-29708	27	97	risk	risk	NOUN
fbem-29708	27	98	will	will	AUX
fbem-29708	27	99	be	be	AUX
fbem-29708	27	100	more	more	ADV
fbem-29708	27	101	significant	significant	ADJ
fbem-29708	27	102	in	in	ADP
fbem-29708	27	103	places	place	NOUN
fbem-29708	27	104	where	where	SCONJ
fbem-29708	27	105	analysts	analyst	NOUN
fbem-29708	27	106	pay	pay	VERB
fbem-29708	27	107	more	more	ADJ
fbem-29708	27	108	attention	attention	NOUN
fbem-29708	27	109	(	(	PUNCT
fbem-29708	27	110	pei	pei	PROPN
fbem-29708	27	111	,	,	PUNCT
fbem-29708	27	112	2021	2021	NUM
fbem-29708	27	113	)	)	PUNCT
fbem-29708	27	114	.	.	PUNCT
fbem-29708	28	1	therefore	therefore	ADV
fbem-29708	28	2	,	,	PUNCT
fbem-29708	28	3	the	the	DET
fbem-29708	28	4	increase	increase	NOUN
fbem-29708	28	5	in	in	ADP
fbem-29708	28	6	analyst	analyst	NOUN
fbem-29708	28	7	attention	attention	NOUN
fbem-29708	28	8	will	will	AUX
fbem-29708	28	9	not	not	PART
fbem-29708	28	10	only	only	ADV
fbem-29708	28	11	not	not	PART
fbem-29708	28	12	improve	improve	VERB
fbem-29708	28	13	the	the	DET
fbem-29708	28	14	information	information	NOUN
fbem-29708	28	15	transparency	transparency	NOUN
fbem-29708	28	16	of	of	ADP
fbem-29708	28	17	enterprises	enterprise	NOUN
fbem-29708	28	18	,	,	PUNCT
fbem-29708	28	19	but	but	CCONJ
fbem-29708	28	20	will	will	AUX
fbem-29708	28	21	also	also	ADV
fbem-29708	28	22	increase	increase	VERB
fbem-29708	28	23	information	information	NOUN
fbem-29708	28	24	asymmetry	asymmetry	NOUN
fbem-29708	28	25	,	,	PUNCT
fbem-29708	28	26	thereby	thereby	ADV
fbem-29708	28	27	increasing	increase	VERB
fbem-29708	28	28	the	the	DET
fbem-29708	28	29	risk	risk	NOUN
fbem-29708	28	30	of	of	ADP
fbem-29708	28	31	stock	stock	NOUN
fbem-29708	28	32	price	price	NOUN
fbem-29708	28	33	crash	crash	NOUN
fbem-29708	28	34	.	.	PUNCT
fbem-29708	29	1	therefore	therefore	ADV
fbem-29708	29	2	,	,	PUNCT
fbem-29708	29	3	this	this	DET
fbem-29708	29	4	article	article	NOUN
fbem-29708	29	5	proposes	propose	VERB
fbem-29708	29	6	hypothesis	hypothesis	NOUN
fbem-29708	29	7	1	1	NUM
fbem-29708	29	8	:	:	PUNCT
fbem-29708	29	9	h1	h1	PROPN
fbem-29708	29	10	:	:	PUNCT
fbem-29708	29	11	the	the	PRON
fbem-29708	29	12	higher	high	ADJ
fbem-29708	29	13	the	the	DET
fbem-29708	29	14	analyst	analyst	NOUN
fbem-29708	29	15	focus	focus	NOUN
fbem-29708	29	16	,	,	PUNCT
fbem-29708	29	17	the	the	PRON
fbem-29708	29	18	higher	high	ADJ
fbem-29708	29	19	the	the	DET
fbem-29708	29	20	risk	risk	NOUN
fbem-29708	29	21	of	of	ADP
fbem-29708	29	22	a	a	DET
fbem-29708	29	23	company	company	NOUN
fbem-29708	29	24	's	's	PART
fbem-29708	29	25	stock	stock	NOUN
fbem-29708	29	26	price	price	NOUN
fbem-29708	29	27	crash	crash	NOUN
fbem-29708	29	28	.	.	PUNCT
fbem-29708	30	1	2.2	2.2	NUM
fbem-29708	30	2	.	.	PUNCT
fbem-29708	30	3	social	social	PROPN
fbem-29708	30	4	trust	trust	PROPN
fbem-29708	30	5	,	,	PUNCT
fbem-29708	30	6	analyst	analyst	NOUN
fbem-29708	30	7	focus	focus	NOUN
fbem-29708	30	8	and	and	CCONJ
fbem-29708	30	9	stock	stock	NOUN
fbem-29708	30	10	price	price	NOUN
fbem-29708	30	11	crash	crash	NOUN
fbem-29708	30	12	risk	risk	NOUN
fbem-29708	30	13	regional	regional	ADJ
fbem-29708	30	14	social	social	ADJ
fbem-29708	30	15	trust	trust	NOUN
fbem-29708	30	16	is	be	AUX
fbem-29708	30	17	an	an	DET
fbem-29708	30	18	informal	informal	ADJ
fbem-29708	30	19	system	system	NOUN
fbem-29708	30	20	that	that	PRON
fbem-29708	30	21	inhibits	inhibit	VERB
fbem-29708	30	22	management	management	NOUN
fbem-29708	30	23	's	's	PART
fbem-29708	30	24	opportunistic	opportunistic	ADJ
fbem-29708	30	25	behavior	behavior	NOUN
fbem-29708	30	26	of	of	ADP
fbem-29708	30	27	concealing	conceal	VERB
fbem-29708	30	28	"	"	PUNCT
fbem-29708	30	29	bad	bad	ADJ
fbem-29708	30	30	news	news	NOUN
fbem-29708	30	31	"	"	PUNCT
fbem-29708	30	32	(	(	PUNCT
fbem-29708	30	33	liu	liu	PROPN
fbem-29708	30	34	et	et	PROPN
fbem-29708	30	35	al	al	PROPN
fbem-29708	30	36	.	.	PROPN
fbem-29708	30	37	,	,	PUNCT
fbem-29708	30	38	2016	2016	NUM
fbem-29708	30	39	)	)	PUNCT
fbem-29708	30	40	,	,	PUNCT
fbem-29708	30	41	while	while	SCONJ
fbem-29708	30	42	firms	firm	NOUN
fbem-29708	30	43	in	in	ADP
fbem-29708	30	44	regions	region	NOUN
fbem-29708	30	45	with	with	ADP
fbem-29708	30	46	higher	high	ADJ
fbem-29708	30	47	levels	level	NOUN
fbem-29708	30	48	of	of	ADP
fbem-29708	30	49	social	social	ADJ
fbem-29708	30	50	trust	trust	NOUN
fbem-29708	30	51	tend	tend	VERB
fbem-29708	30	52	to	to	PART
fbem-29708	30	53	be	be	AUX
fbem-29708	30	54	associated	associate	VERB
fbem-29708	30	55	with	with	ADP
fbem-29708	30	56	higher	high	ADJ
fbem-29708	30	57	accounting	accounting	NOUN
fbem-29708	30	58	robustness	robustness	NOUN
fbem-29708	30	59	and	and	CCONJ
fbem-29708	30	60	less	less	ADJ
fbem-29708	30	61	financial	financial	ADJ
fbem-29708	30	62	restatement	restatement	NOUN
fbem-29708	30	63	(	(	PUNCT
fbem-29708	30	64	li	li	PROPN
fbem-29708	30	65	et	et	PROPN
fbem-29708	30	66	al	al	PROPN
fbem-29708	30	67	.	.	PROPN
fbem-29708	30	68	2017	2017	NUM
fbem-29708	30	69	)	)	PUNCT
fbem-29708	30	70	,	,	PUNCT
fbem-29708	30	71	social	social	ADJ
fbem-29708	30	72	trust	trust	NOUN
fbem-29708	30	73	also	also	ADV
fbem-29708	30	74	reduces	reduce	VERB
fbem-29708	30	75	the	the	DET
fbem-29708	30	76	agency	agency	NOUN
fbem-29708	30	77	costs	cost	NOUN
fbem-29708	30	78	and	and	CCONJ
fbem-29708	30	79	tax	tax	NOUN
fbem-29708	30	80	evasion	evasion	NOUN
fbem-29708	30	81	levels	level	NOUN
fbem-29708	30	82	of	of	ADP
fbem-29708	30	83	enterprises	enterprise	NOUN
fbem-29708	30	84	(	(	PUNCT
fbem-29708	30	85	shen	shen	NOUN
fbem-29708	30	86	,	,	PUNCT
fbem-29708	30	87	2019	2019	NUM
fbem-29708	30	88	)	)	PUNCT
fbem-29708	30	89	,	,	PUNCT
fbem-29708	30	90	indicating	indicate	VERB
fbem-29708	30	91	that	that	SCONJ
fbem-29708	30	92	in	in	ADP
fbem-29708	30	93	regions	region	NOUN
fbem-29708	30	94	with	with	ADP
fbem-29708	30	95	higher	high	ADJ
fbem-29708	30	96	levels	level	NOUN
fbem-29708	30	97	of	of	ADP
fbem-29708	30	98	social	social	ADJ
fbem-29708	30	99	trust	trust	NOUN
fbem-29708	30	100	,	,	PUNCT
fbem-29708	30	101	corporate	corporate	ADJ
fbem-29708	30	102	decisionmakers	decisionmaker	NOUN
fbem-29708	30	103	are	be	AUX
fbem-29708	30	104	more	more	ADV
fbem-29708	30	105	likely	likely	ADJ
fbem-29708	30	106	to	to	PART
fbem-29708	30	107	internalize	internalize	VERB
fbem-29708	30	108	the	the	DET
fbem-29708	30	109	values	value	NOUN
fbem-29708	30	110	of	of	ADP
fbem-29708	30	111	honesty	honesty	NOUN
fbem-29708	30	112	and	and	CCONJ
fbem-29708	30	113	integrity	integrity	NOUN
fbem-29708	30	114	as	as	ADP
fbem-29708	30	115	personal	personal	ADJ
fbem-29708	30	116	qualities	quality	NOUN
fbem-29708	30	117	,	,	PUNCT
fbem-29708	30	118	thereby	thereby	ADV
fbem-29708	30	119	reducing	reduce	VERB
fbem-29708	30	120	agency	agency	NOUN
fbem-29708	30	121	problems	problem	NOUN
fbem-29708	30	122	and	and	CCONJ
fbem-29708	30	123	the	the	DET
fbem-29708	30	124	motivation	motivation	NOUN
fbem-29708	30	125	to	to	PART
fbem-29708	30	126	conceal	conceal	VERB
fbem-29708	30	127	negative	negative	ADJ
fbem-29708	30	128	information	information	NOUN
fbem-29708	30	129	.	.	PUNCT
fbem-29708	31	1	therefore	therefore	ADV
fbem-29708	31	2	,	,	PUNCT
fbem-29708	31	3	this	this	DET
fbem-29708	31	4	article	article	NOUN
fbem-29708	31	5	proposes	propose	VERB
fbem-29708	31	6	hypothesis	hypothesis	NOUN
fbem-29708	31	7	2	2	NUM
fbem-29708	31	8	:	:	PUNCT
fbem-29708	31	9	h2	h2	NOUN
fbem-29708	31	10	:	:	PUNCT
fbem-29708	31	11	regions	region	NOUN
fbem-29708	31	12	with	with	ADP
fbem-29708	31	13	higher	high	ADJ
fbem-29708	31	14	social	social	ADJ
fbem-29708	31	15	trust	trust	NOUN
fbem-29708	31	16	mitigate	mitigate	VERB
fbem-29708	31	17	the	the	DET
fbem-29708	31	18	positive	positive	ADJ
fbem-29708	31	19	relationship	relationship	NOUN
fbem-29708	31	20	between	between	ADP
fbem-29708	31	21	analyst	analyst	NOUN
fbem-29708	31	22	attention	attention	NOUN
fbem-29708	31	23	and	and	CCONJ
fbem-29708	31	24	stock	stock	NOUN
fbem-29708	31	25	price	price	NOUN
fbem-29708	31	26	crash	crash	NOUN
fbem-29708	31	27	risk	risk	NOUN
fbem-29708	31	28	.	.	PUNCT
fbem-29708	32	1	3	3	X
fbem-29708	32	2	.	.	X
fbem-29708	32	3	research	research	NOUN
fbem-29708	32	4	design	design	PROPN
fbem-29708	32	5	3.1	3.1	NUM
fbem-29708	32	6	.	.	PUNCT
fbem-29708	32	7	sample	sample	NOUN
fbem-29708	32	8	selection	selection	NOUN
fbem-29708	32	9	and	and	CCONJ
fbem-29708	32	10	processing	process	VERB
fbem-29708	32	11	the	the	DET
fbem-29708	32	12	research	research	NOUN
fbem-29708	32	13	sample	sample	NOUN
fbem-29708	32	14	selected	select	VERB
fbem-29708	32	15	in	in	ADP
fbem-29708	32	16	this	this	DET
fbem-29708	32	17	article	article	NOUN
fbem-29708	32	18	consists	consist	VERB
fbem-29708	32	19	of	of	ADP
fbem-29708	32	20	all	all	DET
fbem-29708	32	21	a	a	DET
fbem-29708	32	22	-	-	PUNCT
fbem-29708	32	23	share	share	NOUN
fbem-29708	32	24	listed	list	VERB
fbem-29708	32	25	companies	company	NOUN
fbem-29708	32	26	from	from	ADP
fbem-29708	32	27	2004	2004	NUM
fbem-29708	32	28	to	to	PART
fbem-29708	32	29	2019.in	2019.in	VERB
fbem-29708	32	30	this	this	DET
fbem-29708	32	31	paper	paper	NOUN
fbem-29708	32	32	,	,	PUNCT
fbem-29708	32	33	the	the	DET
fbem-29708	32	34	number	number	NOUN
fbem-29708	32	35	of	of	ADP
fbem-29708	32	36	analyst	analyst	NOUN
fbem-29708	32	37	trackers	tracker	NOUN
fbem-29708	32	38	of	of	ADP
fbem-29708	32	39	each	each	DET
fbem-29708	32	40	company	company	NOUN
fbem-29708	32	41	is	be	AUX
fbem-29708	32	42	selected	select	VERB
fbem-29708	32	43	as	as	ADP
fbem-29708	32	44	the	the	DET
fbem-29708	32	45	indicator	indicator	NOUN
fbem-29708	32	46	of	of	ADP
fbem-29708	32	47	analyst	analyst	NOUN
fbem-29708	32	48	attention	attention	NOUN
fbem-29708	32	49	,	,	PUNCT
fbem-29708	32	50	and	and	CCONJ
fbem-29708	32	51	the	the	DET
fbem-29708	32	52	stock	stock	NOUN
fbem-29708	32	53	price	price	NOUN
fbem-29708	32	54	crash	crash	NOUN
fbem-29708	32	55	risk	risk	NOUN
fbem-29708	32	56	data	datum	NOUN
fbem-29708	32	57	comes	come	VERB
fbem-29708	32	58	from	from	ADP
fbem-29708	32	59	the	the	DET
fbem-29708	32	60	csmar	csmar	PROPN
fbem-29708	32	61	database	database	NOUN
fbem-29708	32	62	,	,	PUNCT
fbem-29708	32	63	and	and	CCONJ
fbem-29708	32	64	the	the	DET
fbem-29708	32	65	rest	rest	NOUN
fbem-29708	32	66	of	of	ADP
fbem-29708	32	67	the	the	DET
fbem-29708	32	68	data	datum	NOUN
fbem-29708	32	69	comes	come	VERB
fbem-29708	32	70	from	from	ADP
fbem-29708	32	71	the	the	DET
fbem-29708	32	72	wind	wind	NOUN
fbem-29708	32	73	database.the	database.the	DET
fbem-29708	32	74	text	text	NOUN
fbem-29708	32	75	filters	filter	VERB
fbem-29708	32	76	the	the	DET
fbem-29708	32	77	data	datum	NOUN
fbem-29708	32	78	as	as	SCONJ
fbem-29708	32	79	follows	follow	VERB
fbem-29708	32	80	:	:	PUNCT
fbem-29708	32	81	(	(	PUNCT
fbem-29708	32	82	1	1	X
fbem-29708	32	83	)	)	PUNCT
fbem-29708	32	84	samples	sample	NOUN
fbem-29708	32	85	with	with	ADP
fbem-29708	32	86	annual	annual	ADJ
fbem-29708	32	87	transaction	transaction	NOUN
fbem-29708	32	88	data	datum	NOUN
fbem-29708	32	89	of	of	ADP
fbem-29708	32	90	less	less	ADJ
fbem-29708	32	91	than	than	ADP
fbem-29708	32	92	26	26	NUM
fbem-29708	32	93	weeks	week	NOUN
fbem-29708	32	94	are	be	AUX
fbem-29708	32	95	excluded	exclude	VERB
fbem-29708	32	96	,	,	PUNCT
fbem-29708	32	97	(	(	PUNCT
fbem-29708	32	98	2	2	X
fbem-29708	32	99	)	)	PUNCT
fbem-29708	32	100	samples	sample	NOUN
fbem-29708	32	101	from	from	ADP
fbem-29708	32	102	pt&st	pt&st	NUM
fbem-29708	32	103	companies	company	NOUN
fbem-29708	32	104	are	be	AUX
fbem-29708	32	105	excluded	exclude	VERB
fbem-29708	32	106	,	,	PUNCT
fbem-29708	32	107	(	(	PUNCT
fbem-29708	32	108	3	3	X
fbem-29708	32	109	)	)	PUNCT
fbem-29708	32	110	samples	sample	NOUN
fbem-29708	32	111	with	with	ADP
fbem-29708	32	112	missing	miss	VERB
fbem-29708	32	113	data	datum	NOUN
fbem-29708	32	114	are	be	AUX
fbem-29708	32	115	excluded	exclude	VERB
fbem-29708	32	116	,	,	PUNCT
fbem-29708	32	117	(	(	PUNCT
fbem-29708	32	118	4	4	X
fbem-29708	32	119	)	)	PUNCT
fbem-29708	32	120	all	all	DET
fbem-29708	32	121	continuous	continuous	ADJ
fbem-29708	32	122	control	control	NOUN
fbem-29708	32	123	variables	variable	NOUN
fbem-29708	32	124	undergo	undergo	VERB
fbem-29708	32	125	a	a	DET
fbem-29708	32	126	winsorization	winsorization	NOUN
fbem-29708	32	127	process	process	NOUN
fbem-29708	32	128	at	at	ADP
fbem-29708	32	129	the	the	DET
fbem-29708	32	130	1	1	NUM
fbem-29708	32	131	%	%	NOUN
fbem-29708	32	132	upper	upper	ADJ
fbem-29708	32	133	and	and	CCONJ
fbem-29708	32	134	lower	low	ADJ
fbem-29708	32	135	tails	tail	NOUN
fbem-29708	32	136	,	,	PUNCT
fbem-29708	32	137	resulting	result	VERB
fbem-29708	32	138	in	in	ADP
fbem-29708	32	139	a	a	DET
fbem-29708	32	140	final	final	ADJ
fbem-29708	32	141	total	total	NOUN
fbem-29708	32	142	of	of	ADP
fbem-29708	32	143	26,768	26,768	NUM
fbem-29708	32	144	annual	annual	ADJ
fbem-29708	32	145	samples	sample	NOUN
fbem-29708	32	146	from	from	ADP
fbem-29708	32	147	companies	company	NOUN
fbem-29708	32	148	.	.	PUNCT
fbem-29708	33	1	3.2	3.2	NUM
fbem-29708	33	2	.	.	PUNCT
fbem-29708	33	3	variable	variable	ADJ
fbem-29708	33	4	selection	selection	NOUN
fbem-29708	33	5	and	and	CCONJ
fbem-29708	33	6	measurement	measurement	NOUN
fbem-29708	33	7	3.2.1	3.2.1	NUM
fbem-29708	33	8	.	.	PUNCT
fbem-29708	34	1	stock	stock	NOUN
fbem-29708	34	2	price	price	NOUN
fbem-29708	34	3	crash	crash	NOUN
fbem-29708	34	4	risk	risk	NOUN
fbem-29708	34	5	this	this	DET
fbem-29708	34	6	paper	paper	NOUN
fbem-29708	34	7	refers	refer	VERB
fbem-29708	34	8	to	to	ADP
fbem-29708	34	9	the	the	DET
fbem-29708	34	10	practice	practice	NOUN
fbem-29708	34	11	of	of	ADP
fbem-29708	34	12	existing	exist	VERB
fbem-29708	34	13	literature	literature	NOUN
fbem-29708	34	14	(	(	PUNCT
fbem-29708	34	15	liang	liang	PROPN
fbem-29708	34	16	and	and	CCONJ
fbem-29708	34	17	zeng	zeng	PROPN
fbem-29708	34	18	,	,	PUNCT
fbem-29708	34	19	2016	2016	NUM
fbem-29708	34	20	,	,	PUNCT
fbem-29708	34	21	hutton	hutton	PROPN
fbem-29708	34	22	et	et	PROPN
fbem-29708	34	23	al	al	PROPN
fbem-29708	34	24	.	.	PROPN
fbem-29708	34	25	,	,	PUNCT
fbem-29708	34	26	2009	2009	NUM
fbem-29708	34	27	)	)	PUNCT
fbem-29708	34	28	to	to	PART
fbem-29708	34	29	exclude	exclude	VERB
fbem-29708	34	30	the	the	DET
fbem-29708	34	31	impact	impact	NOUN
fbem-29708	34	32	of	of	ADP
fbem-29708	34	33	market	market	NOUN
fbem-29708	34	34	systemic	systemic	ADJ
fbem-29708	34	35	risk	risk	NOUN
fbem-29708	34	36	through	through	ADP
fbem-29708	34	37	the	the	DET
fbem-29708	34	38	following	following	ADJ
fbem-29708	34	39	model	model	NOUN
fbem-29708	34	40	:	:	PUNCT
fbem-29708	34	41	ret	ret	NOUN
fbem-29708	34	42	,	,	PUNCT
fbem-29708	34	43	=	=	NOUN
fbem-29708	34	44	𝛼	𝛼	PRON
fbem-29708	34	45	+	+	NOUN
fbem-29708	34	46	𝛽	𝛽	PROPN
fbem-29708	34	47	𝑀𝐴𝑅𝐾𝐸𝑇	𝑀𝐴𝑅𝐾𝐸𝑇	PROPN
fbem-29708	34	48	+	+	PROPN
fbem-29708	34	49	𝛽	𝛽	PROPN
fbem-29708	34	50	𝑀𝐴𝑅𝐾𝐸𝑇	𝑀𝐴𝑅𝐾𝐸𝑇	PROPN
fbem-29708	34	51	+	+	SYM
fbem-29708	34	52	𝛽	𝛽	PROPN
fbem-29708	34	53	𝑀𝐴𝑅𝐾𝐸𝑇	𝑀𝐴𝑅𝐾𝐸𝑇	PROPN
fbem-29708	34	54	+	+	PROPN
fbem-29708	34	55	𝛽	𝛽	PROPN
fbem-29708	34	56	𝑀𝐴𝑅𝐾𝐸𝑇	𝑀𝐴𝑅𝐾𝐸𝑇	PROPN
fbem-29708	34	57	+	+	PROPN
fbem-29708	34	58	𝛽	𝛽	PROPN
fbem-29708	34	59	𝑀𝐴𝑅𝐾𝐸𝑇	𝑀𝐴𝑅𝐾𝐸𝑇	PROPN
fbem-29708	34	60	+	+	PROPN
fbem-29708	34	61	𝜀	𝜀	X
fbem-29708	34	62	(	(	PUNCT
fbem-29708	34	63	1	1	NUM
fbem-29708	34	64	)	)	PUNCT
fbem-29708	34	65	in	in	ADP
fbem-29708	34	66	the	the	DET
fbem-29708	34	67	formula	formula	NOUN
fbem-29708	34	68	,	,	PUNCT
fbem-29708	34	69	the	the	DET
fbem-29708	34	70	subscript	subscript	NOUN
fbem-29708	34	71	i	i	PRON
fbem-29708	34	72	and	and	CCONJ
fbem-29708	34	73	t	t	PROPN
fbem-29708	34	74	represent	represent	VERB
fbem-29708	34	75	the	the	DET
fbem-29708	34	76	company	company	NOUN
fbem-29708	34	77	and	and	CCONJ
fbem-29708	34	78	the	the	DET
fbem-29708	34	79	week	week	NOUN
fbem-29708	34	80	,	,	PUNCT
fbem-29708	34	81	respectively	respectively	ADV
fbem-29708	34	82	,	,	PUNCT
fbem-29708	34	83	and	and	CCONJ
fbem-29708	34	84	ret	ret	PROPN
fbem-29708	34	85	is	be	AUX
fbem-29708	34	86	the	the	DET
fbem-29708	34	87	weekly	weekly	ADJ
fbem-29708	34	88	return	return	NOUN
fbem-29708	34	89	of	of	ADP
fbem-29708	34	90	individual	individual	ADJ
fbem-29708	34	91	stocks	stock	NOUN
fbem-29708	34	92	;	;	PUNCT
fbem-29708	34	93	market	market	NOUN
fbem-29708	34	94	is	be	AUX
fbem-29708	34	95	the	the	DET
fbem-29708	34	96	adjusted	adjust	VERB
fbem-29708	34	97	market	market	NOUN
fbem-29708	34	98	rate	rate	NOUN
fbem-29708	34	99	of	of	ADP
fbem-29708	34	100	return	return	NOUN
fbem-29708	34	101	weighted	weight	VERB
fbem-29708	34	102	by	by	ADP
fbem-29708	34	103	the	the	DET
fbem-29708	34	104	circulating	circulate	VERB
fbem-29708	34	105	market	market	NOUN
fbem-29708	34	106	value	value	NOUN
fbem-29708	34	107	of	of	ADP
fbem-29708	34	108	all	all	DET
fbem-29708	34	109	listed	list	VERB
fbem-29708	34	110	companies	company	NOUN
fbem-29708	34	111	(	(	PUNCT
fbem-29708	34	112	excluding	exclude	VERB
fbem-29708	34	113	the	the	DET
fbem-29708	34	114	ith	ith	PROPN
fbem-29708	34	115	company	company	NOUN
fbem-29708	34	116	)	)	PUNCT
fbem-29708	34	117	;	;	PUNCT
fbem-29708	34	118	𝜀	𝜀	PRON
fbem-29708	34	119	is	be	AUX
fbem-29708	34	120	the	the	DET
fbem-29708	34	121	random	random	ADJ
fbem-29708	34	122	error	error	NOUN
fbem-29708	34	123	term	term	NOUN
fbem-29708	34	124	.	.	PUNCT
fbem-29708	35	1	in	in	ADP
fbem-29708	35	2	this	this	DET
fbem-29708	35	3	paper	paper	NOUN
fbem-29708	35	4	,	,	PUNCT
fbem-29708	35	5	we	we	PRON
fbem-29708	35	6	add	add	VERB
fbem-29708	35	7	data	datum	NOUN
fbem-29708	35	8	from	from	ADP
fbem-29708	35	9	the	the	DET
fbem-29708	35	10	leading	lead	VERB
fbem-29708	35	11	and	and	CCONJ
fbem-29708	35	12	lagging	lag	VERB
fbem-29708	35	13	periods	period	NOUN
fbem-29708	35	14	to	to	ADP
fbem-29708	35	15	model	model	NOUN
fbem-29708	35	16	(	(	PUNCT
fbem-29708	35	17	1	1	NUM
fbem-29708	35	18	)	)	PUNCT
fbem-29708	35	19	to	to	PART
fbem-29708	35	20	mitigate	mitigate	VERB
fbem-29708	35	21	the	the	DET
fbem-29708	35	22	bias	bias	NOUN
fbem-29708	35	23	caused	cause	VERB
fbem-29708	35	24	by	by	ADP
fbem-29708	35	25	the	the	DET
fbem-29708	35	26	asynchronous	asynchronous	ADJ
fbem-29708	35	27	nature	nature	NOUN
fbem-29708	35	28	of	of	ADP
fbem-29708	35	29	transactions	transaction	NOUN
fbem-29708	35	30	(	(	PUNCT
fbem-29708	35	31	french	french	NOUN
fbem-29708	35	32	et	et	PROPN
fbem-29708	35	33	al	al	PROPN
fbem-29708	35	34	.	.	PROPN
fbem-29708	35	35	,	,	PUNCT
fbem-29708	35	36	1987	1987	NUM
fbem-29708	35	37	)	)	PUNCT
fbem-29708	35	38	.	.	PUNCT
fbem-29708	36	1	the	the	DET
fbem-29708	36	2	company	company	NOUN
fbem-29708	36	3	's	's	PART
fbem-29708	36	4	characteristic	characteristic	ADJ
fbem-29708	36	5	yield	yield	NOUN
fbem-29708	36	6	is	be	AUX
fbem-29708	36	7	:	:	PUNCT
fbem-29708	36	8	ω	ω	NUM
fbem-29708	36	9	log（1	log（1	PROPN
fbem-29708	36	10	ε	ε	PROPN
fbem-29708	36	11	）	）	PROPN
fbem-29708	36	12	(	(	PUNCT
fbem-29708	36	13	2	2	NUM
fbem-29708	36	14	)	)	PUNCT
fbem-29708	36	15	where	where	SCONJ
fbem-29708	36	16	𝜀	𝜀	PROPN
fbem-29708	36	17	is	be	AUX
fbem-29708	36	18	the	the	DET
fbem-29708	36	19	residual	residual	ADJ
fbem-29708	36	20	value	value	NOUN
fbem-29708	36	21	in	in	ADP
fbem-29708	36	22	model	model	NOUN
fbem-29708	36	23	(	(	PUNCT
fbem-29708	36	24	1	1	NUM
fbem-29708	36	25	)	)	PUNCT
fbem-29708	36	26	,	,	PUNCT
fbem-29708	36	27	with	with	ADP
fbem-29708	36	28	reference	reference	NOUN
fbem-29708	36	29	to	to	ADP
fbem-29708	36	30	hutton	hutton	PROPN
fbem-29708	36	31	et	et	PROPN
fbem-29708	36	32	al	al	PROPN
fbem-29708	36	33	.	.	PROPN
fbem-29708	37	1	(	(	PUNCT
fbem-29708	37	2	2009	2009	NUM
fbem-29708	37	3	)	)	PUNCT
fbem-29708	37	4	,	,	PUNCT
fbem-29708	37	5	kim	kim	PROPN
fbem-29708	37	6	et	et	PROPN
fbem-29708	37	7	al	al	PROPN
fbem-29708	37	8	.	.	PROPN
fbem-29708	38	1	(	(	PUNCT
fbem-29708	38	2	2011a	2011a	NUM
fbem-29708	38	3	,	,	PUNCT
fbem-29708	38	4	b	b	NOUN
fbem-29708	38	5	)	)	PUNCT
fbem-29708	38	6	and	and	CCONJ
fbem-29708	38	7	chen	chen	PROPN
fbem-29708	38	8	et	et	PROPN
fbem-29708	38	9	al	al	PROPN
fbem-29708	38	10	.	.	PROPN
fbem-29708	39	1	(	(	PUNCT
fbem-29708	39	2	2001	2001	NUM
fbem-29708	39	3	)	)	PUNCT
fbem-29708	39	4	,	,	PUNCT
fbem-29708	39	5	this	this	DET
fbem-29708	39	6	paper	paper	NOUN
fbem-29708	39	7	uses	use	VERB
fbem-29708	39	8	three	three	NUM
fbem-29708	39	9	indicators	indicator	NOUN
fbem-29708	39	10	to	to	PART
fbem-29708	39	11	measure	measure	VERB
fbem-29708	39	12	the	the	DET
fbem-29708	39	13	risk	risk	NOUN
fbem-29708	39	14	of	of	ADP
fbem-29708	39	15	stock	stock	NOUN
fbem-29708	39	16	price	price	NOUN
fbem-29708	39	17	crash	crash	NOUN
fbem-29708	39	18	.	.	PUNCT
fbem-29708	40	1	referring	refer	VERB
fbem-29708	40	2	to	to	ADP
fbem-29708	40	3	the	the	DET
fbem-29708	40	4	practice	practice	NOUN
fbem-29708	40	5	of	of	ADP
fbem-29708	40	6	liang	liang	PROPN
fbem-29708	40	7	and	and	CCONJ
fbem-29708	40	8	zeng	zeng	PROPN
fbem-29708	40	9	(	(	PUNCT
fbem-29708	40	10	2016	2016	NUM
fbem-29708	40	11	)	)	PUNCT
fbem-29708	40	12	,	,	PUNCT
fbem-29708	40	13	the	the	DET
fbem-29708	40	14	negative	negative	ADJ
fbem-29708	40	15	value	value	NOUN
fbem-29708	40	16	of	of	ADP
fbem-29708	40	17	the	the	DET
fbem-29708	40	18	skewness	skewness	NOUN
fbem-29708	40	19	of	of	ADP
fbem-29708	40	20	the	the	DET
fbem-29708	40	21	company	company	NOUN
fbem-29708	40	22	's	's	PART
fbem-29708	40	23	characteristic	characteristic	ADJ
fbem-29708	40	24	return	return	NOUN
fbem-29708	40	25	(	(	PUNCT
fbem-29708	40	26	nskew	nskew	NOUN
fbem-29708	40	27	)	)	PUNCT
fbem-29708	40	28	is	be	AUX
fbem-29708	40	29	used	use	VERB
fbem-29708	40	30	to	to	PART
fbem-29708	40	31	measure	measure	VERB
fbem-29708	40	32	the	the	DET
fbem-29708	40	33	risk	risk	NOUN
fbem-29708	40	34	of	of	ADP
fbem-29708	40	35	stock	stock	NOUN
fbem-29708	40	36	price	price	NOUN
fbem-29708	40	37	crash	crash	NOUN
fbem-29708	40	38	:	:	PUNCT
fbem-29708	40	39	the	the	PRON
fbem-29708	40	40	larger	large	ADJ
fbem-29708	40	41	the	the	DET
fbem-29708	40	42	nskew	nskew	NOUN
fbem-29708	40	43	,	,	PUNCT
fbem-29708	40	44	the	the	PRON
fbem-29708	40	45	greater	great	ADJ
fbem-29708	40	46	the	the	DET
fbem-29708	40	47	likelihood	likelihood	NOUN
fbem-29708	40	48	of	of	ADP
fbem-29708	40	49	a	a	DET
fbem-29708	40	50	stock	stock	NOUN
fbem-29708	40	51	price	price	NOUN
fbem-29708	40	52	crash	crash	NOUN
fbem-29708	40	53	,	,	PUNCT
fbem-29708	40	54	the	the	DET
fbem-29708	40	55	nskew	nskew	NOUN
fbem-29708	40	56	of	of	ADP
fbem-29708	40	57	the	the	DET
fbem-29708	40	58	company	company	NOUN
fbem-29708	40	59	in	in	ADP
fbem-29708	40	60	the	the	DET
fbem-29708	40	61	year	year	NOUN
fbem-29708	40	62	i	i	PRON
fbem-29708	40	63	is	be	AUX
fbem-29708	40	64	:	:	PUNCT
fbem-29708	40	65	𝑁𝑆𝐾𝐸𝑊	𝑁𝑆𝐾𝐸𝑊	ADJ
fbem-29708	40	66	=	=	PUNCT
fbem-29708	40	67	n	n	CCONJ
fbem-29708	40	68	n	n	CCONJ
fbem-29708	40	69	1	1	NUM
fbem-29708	40	70	/	/	SYM
fbem-29708	40	71	∑ω	∑ω	PROPN
fbem-29708	40	72	/	/	SYM
fbem-29708	40	73	n	n	CCONJ
fbem-29708	40	74	1	1	NUM
fbem-29708	40	75	n	n	NUM
fbem-29708	40	76	2	2	NUM
fbem-29708	40	77	∑ω	∑ω	PROPN
fbem-29708	40	78	/	/	SYM
fbem-29708	40	79	(	(	PUNCT
fbem-29708	40	80	3	3	X
fbem-29708	40	81	)	)	PUNCT
fbem-29708	40	82	referring	refer	VERB
fbem-29708	40	83	to	to	ADP
fbem-29708	40	84	the	the	DET
fbem-29708	40	85	practice	practice	NOUN
fbem-29708	40	86	of	of	ADP
fbem-29708	40	87	xu	xu	PROPN
fbem-29708	40	88	et	et	PROPN
fbem-29708	40	89	al	al	PROPN
fbem-29708	40	90	.	.	PROPN
fbem-29708	41	1	(	(	PUNCT
fbem-29708	41	2	2012	2012	NUM
fbem-29708	41	3	)	)	PUNCT
fbem-29708	41	4	,	,	PUNCT
fbem-29708	41	5	the	the	DET
fbem-29708	41	6	second	second	ADJ
fbem-29708	41	7	indicator	indicator	NOUN
fbem-29708	41	8	to	to	PART
fbem-29708	41	9	measure	measure	VERB
fbem-29708	41	10	the	the	DET
fbem-29708	41	11	risk	risk	NOUN
fbem-29708	41	12	of	of	ADP
fbem-29708	41	13	stock	stock	NOUN
fbem-29708	41	14	price	price	NOUN
fbem-29708	41	15	crash	crash	NOUN
fbem-29708	41	16	is	be	AUX
fbem-29708	41	17	the	the	DET
fbem-29708	41	18	ratio	ratio	NOUN
fbem-29708	41	19	of	of	ADP
fbem-29708	41	20	falling	fall	VERB
fbem-29708	41	21	volatility	volatility	NOUN
fbem-29708	41	22	to	to	ADP
fbem-29708	41	23	rising	rise	VERB
fbem-29708	41	24	volatility	volatility	NOUN
fbem-29708	41	25	,	,	PUNCT
fbem-29708	41	26	and	and	CCONJ
fbem-29708	41	27	the	the	PRON
fbem-29708	41	28	larger	large	ADJ
fbem-29708	41	29	the	the	DET
fbem-29708	41	30	duvol	duvol	NOUN
fbem-29708	41	31	,	,	PUNCT
fbem-29708	41	32	the	the	PRON
fbem-29708	41	33	higher	high	ADJ
fbem-29708	41	34	the	the	DET
fbem-29708	41	35	risk	risk	NOUN
fbem-29708	41	36	of	of	ADP
fbem-29708	41	37	stock	stock	NOUN
fbem-29708	41	38	price	price	NOUN
fbem-29708	41	39	crash	crash	NOUN
fbem-29708	41	40	:	:	PUNCT
fbem-29708	41	41	𝐷𝑈𝑉𝑂𝐿	𝐷𝑈𝑉𝑂𝐿	PROPN
fbem-29708	41	42	=	=	AUX
fbem-29708	41	43	log	log	VERB
fbem-29708	41	44	n	n	PRON
fbem-29708	41	45	1	1	NUM
fbem-29708	41	46	∑	∑	PROPN
fbem-29708	41	47	ω	ω	PROPN
fbem-29708	41	48	/	/	SYM
fbem-29708	41	49	n	n	PROPN
fbem-29708	41	50	1	1	NUM
fbem-29708	41	51	∑	∑	PROPN
fbem-29708	41	52	ω	ω	PROPN
fbem-29708	41	53	(	(	PUNCT
fbem-29708	41	54	4	4	NUM
fbem-29708	41	55	)	)	PUNCT
fbem-29708	41	56	where	where	SCONJ
fbem-29708	41	57	nu	nu	NOUN
fbem-29708	41	58	and	and	CCONJ
fbem-29708	41	59	nd	nd	AUX
fbem-29708	41	60	represent	represent	VERB
fbem-29708	41	61	the	the	DET
fbem-29708	41	62	number	number	NOUN
fbem-29708	41	63	of	of	ADP
fbem-29708	41	64	weeks	week	NOUN
fbem-29708	41	65	of	of	ADP
fbem-29708	41	66	decline	decline	NOUN
fbem-29708	41	67	and	and	CCONJ
fbem-29708	41	68	the	the	DET
fbem-29708	41	69	number	number	NOUN
fbem-29708	41	70	of	of	ADP
fbem-29708	41	71	weeks	week	NOUN
fbem-29708	41	72	of	of	ADP
fbem-29708	41	73	growth	growth	NOUN
fbem-29708	41	74	,	,	PUNCT
fbem-29708	41	75	respectively	respectively	ADV
fbem-29708	41	76	.	.	PUNCT
fbem-29708	42	1	referring	refer	VERB
fbem-29708	42	2	to	to	ADP
fbem-29708	42	3	wu	wu	PROPN
fbem-29708	42	4	et	et	PROPN
fbem-29708	42	5	al	al	PROPN
fbem-29708	42	6	.	.	PROPN
fbem-29708	43	1	(	(	PUNCT
fbem-29708	43	2	2019	2019	NUM
fbem-29708	43	3	)	)	PUNCT
fbem-29708	43	4	,	,	PUNCT
fbem-29708	43	5	the	the	DET
fbem-29708	43	6	third	third	ADJ
fbem-29708	43	7	indicator	indicator	NOUN
fbem-29708	43	8	in	in	ADP
fbem-29708	43	9	this	this	DET
fbem-29708	43	10	paper	paper	NOUN
fbem-29708	43	11	is	be	AUX
fbem-29708	43	12	count	count	ADJ
fbem-29708	43	13	,	,	PUNCT
fbem-29708	43	14	which	which	PRON
fbem-29708	43	15	indicates	indicate	VERB
fbem-29708	43	16	the	the	DET
fbem-29708	43	17	difference	difference	NOUN
fbem-29708	43	18	between	between	ADP
fbem-29708	43	19	the	the	DET
fbem-29708	43	20	frequency	frequency	NOUN
fbem-29708	43	21	of	of	ADP
fbem-29708	43	22	downward	downward	ADJ
fbem-29708	43	23	and	and	CCONJ
fbem-29708	43	24	upward	upward	ADJ
fbem-29708	43	25	stock	stock	NOUN
fbem-29708	43	26	returns	return	NOUN
fbem-29708	43	27	in	in	ADP
fbem-29708	43	28	a	a	DET
fbem-29708	43	29	year	year	NOUN
fbem-29708	43	30	,	,	PUNCT
fbem-29708	43	31	and	and	CCONJ
fbem-29708	43	32	the	the	PRON
fbem-29708	43	33	larger	large	ADJ
fbem-29708	43	34	the	the	DET
fbem-29708	43	35	difference	difference	NOUN
fbem-29708	43	36	,	,	PUNCT
fbem-29708	43	37	the	the	PRON
fbem-29708	43	38	higher	high	ADJ
fbem-29708	43	39	the	the	DET
fbem-29708	43	40	risk	risk	NOUN
fbem-29708	43	41	of	of	ADP
fbem-29708	43	42	stock	stock	NOUN
fbem-29708	43	43	price	price	NOUN
fbem-29708	43	44	crash	crash	NOUN
fbem-29708	43	45	:	:	PUNCT
fbem-29708	43	46	count	count	VERB
fbem-29708	43	47	crash	crash	NOUN
fbem-29708	43	48	crash	crash	NOUN
fbem-29708	43	49	(	(	PUNCT
fbem-29708	43	50	5	5	NUM
fbem-29708	43	51	)	)	PUNCT
fbem-29708	43	52	which	which	PRON
fbem-29708	43	53	crashdown	crashdown	ADJ
fbem-29708	43	54	indicates	indicate	VERB
fbem-29708	43	55	the	the	DET
fbem-29708	43	56	frequency	frequency	NOUN
fbem-29708	43	57	of	of	ADP
fbem-29708	43	58	upward	upward	ADJ
fbem-29708	43	59	movement	movement	NOUN
fbem-29708	43	60	of	of	ADP
fbem-29708	43	61	stock	stock	NOUN
fbem-29708	43	62	returns	return	NOUN
fbem-29708	43	63	,	,	PUNCT
fbem-29708	43	64	and	and	CCONJ
fbem-29708	43	65	crashup	crashup	NOUN
fbem-29708	43	66	indicates	indicate	VERB
fbem-29708	43	67	the	the	DET
fbem-29708	43	68	210	210	NUM
fbem-29708	43	69	frequency	frequency	NOUN
fbem-29708	43	70	of	of	ADP
fbem-29708	43	71	downward	downward	ADJ
fbem-29708	43	72	movement	movement	NOUN
fbem-29708	43	73	of	of	ADP
fbem-29708	43	74	stock	stock	NOUN
fbem-29708	43	75	returns	return	NOUN
fbem-29708	43	76	.	.	PUNCT
fbem-29708	44	1	3.2.2	3.2.2	X
fbem-29708	44	2	.	.	PUNCT
fbem-29708	45	1	analyst	analyst	NOUN
fbem-29708	45	2	coverage	coverage	NOUN
fbem-29708	45	3	referring	refer	VERB
fbem-29708	45	4	to	to	ADP
fbem-29708	45	5	the	the	DET
fbem-29708	45	6	practices	practice	NOUN
fbem-29708	45	7	of	of	ADP
fbem-29708	45	8	zhou	zhou	PROPN
fbem-29708	45	9	et	et	PROPN
fbem-29708	45	10	al	al	PROPN
fbem-29708	45	11	.	.	PROPN
fbem-29708	46	1	(	(	PUNCT
fbem-29708	46	2	2016	2016	NUM
fbem-29708	46	3	)	)	PUNCT
fbem-29708	46	4	and	and	CCONJ
fbem-29708	46	5	cui	cui	VERB
fbem-29708	46	6	et	et	PROPN
fbem-29708	46	7	al	al	PROPN
fbem-29708	46	8	.	.	PROPN
fbem-29708	47	1	(	(	PUNCT
fbem-29708	47	2	2022	2022	NUM
fbem-29708	47	3	)	)	PUNCT
fbem-29708	47	4	,	,	PUNCT
fbem-29708	47	5	this	this	DET
fbem-29708	47	6	paper	paper	NOUN
fbem-29708	47	7	selects	select	VERB
fbem-29708	47	8	the	the	DET
fbem-29708	47	9	sum	sum	NOUN
fbem-29708	47	10	of	of	ADP
fbem-29708	47	11	all	all	DET
fbem-29708	47	12	analysts	analyst	NOUN
fbem-29708	47	13	who	who	PRON
fbem-29708	47	14	have	have	AUX
fbem-29708	47	15	reported	report	VERB
fbem-29708	47	16	on	on	ADP
fbem-29708	47	17	the	the	DET
fbem-29708	47	18	company	company	NOUN
fbem-29708	47	19	in	in	ADP
fbem-29708	47	20	one	one	NUM
fbem-29708	47	21	year	year	NOUN
fbem-29708	47	22	,	,	PUNCT
fbem-29708	47	23	and	and	CCONJ
fbem-29708	47	24	takes	take	VERB
fbem-29708	47	25	the	the	DET
fbem-29708	47	26	logarithm	logarithm	NOUN
fbem-29708	47	27	of	of	ADP
fbem-29708	47	28	1	1	NUM
fbem-29708	48	1	+	+	NUM
fbem-29708	48	2	number	number	NOUN
fbem-29708	48	3	of	of	ADP
fbem-29708	48	4	analysts	analyst	NOUN
fbem-29708	48	5	to	to	PART
fbem-29708	48	6	obtain	obtain	VERB
fbem-29708	48	7	the	the	DET
fbem-29708	48	8	analyst	analyst	NOUN
fbem-29708	48	9	attention	attention	NOUN
fbem-29708	48	10	index	index	NOUN
fbem-29708	48	11	ananum	ananum	ADJ
fbem-29708	48	12	.	.	PUNCT
fbem-29708	49	1	3.2.3	3.2.3	X
fbem-29708	49	2	.	.	PUNCT
fbem-29708	49	3	regional	regional	ADJ
fbem-29708	49	4	social	social	ADJ
fbem-29708	49	5	trust	trust	NOUN
fbem-29708	49	6	in	in	ADP
fbem-29708	49	7	this	this	DET
fbem-29708	49	8	paper	paper	NOUN
fbem-29708	49	9	,	,	PUNCT
fbem-29708	49	10	the	the	DET
fbem-29708	49	11	indicators	indicator	NOUN
fbem-29708	49	12	composed	compose	VERB
fbem-29708	49	13	of	of	ADP
fbem-29708	49	14	the	the	DET
fbem-29708	49	15	five	five	NUM
fbem-29708	49	16	options	option	NOUN
fbem-29708	49	17	of	of	ADP
fbem-29708	49	18	cgss	cgss	NOUN
fbem-29708	49	19	and	and	CCONJ
fbem-29708	49	20	cgss	cgss	NOUN
fbem-29708	49	21	were	be	AUX
fbem-29708	49	22	selected	select	VERB
fbem-29708	49	23	,	,	PUNCT
fbem-29708	49	24	and	and	CCONJ
fbem-29708	49	25	the	the	DET
fbem-29708	49	26	indicators	indicator	NOUN
fbem-29708	49	27	were	be	AUX
fbem-29708	49	28	distinguished	distinguish	VERB
fbem-29708	49	29	by	by	ADP
fbem-29708	49	30	the	the	DET
fbem-29708	49	31	sample	sample	NOUN
fbem-29708	50	1	mean	mean	VERB
fbem-29708	50	2	,	,	PUNCT
fbem-29708	50	3	if	if	SCONJ
fbem-29708	50	4	the	the	DET
fbem-29708	50	5	sample	sample	NOUN
fbem-29708	50	6	mean	mean	VERB
fbem-29708	50	7	was	be	AUX
fbem-29708	50	8	exceeded	exceed	VERB
fbem-29708	50	9	,	,	PUNCT
fbem-29708	50	10	1	1	NUM
fbem-29708	50	11	was	be	AUX
fbem-29708	50	12	taken	take	VERB
fbem-29708	50	13	,	,	PUNCT
fbem-29708	50	14	otherwise	otherwise	ADV
fbem-29708	50	15	0	0	NUM
fbem-29708	50	16	was	be	AUX
fbem-29708	50	17	taken	take	VERB
fbem-29708	50	18	,	,	PUNCT
fbem-29708	50	19	so	so	SCONJ
fbem-29708	50	20	as	as	SCONJ
fbem-29708	50	21	to	to	PART
fbem-29708	50	22	construct	construct	VERB
fbem-29708	50	23	the	the	DET
fbem-29708	50	24	trustdumm1	trustdumm1	NOUN
fbem-29708	50	25	and	and	CCONJ
fbem-29708	50	26	trustdumm2	trustdumm2	NOUN
fbem-29708	50	27	of	of	ADP
fbem-29708	50	28	the	the	DET
fbem-29708	50	29	regional	regional	ADJ
fbem-29708	50	30	social	social	ADJ
fbem-29708	50	31	trust	trust	NOUN
fbem-29708	50	32	dummy	dummy	ADJ
fbem-29708	50	33	variables	variable	NOUN
fbem-29708	50	34	.	.	PUNCT
fbem-29708	51	1	3.2.4	3.2.4	X
fbem-29708	51	2	.	.	PUNCT
fbem-29708	52	1	control	control	NOUN
fbem-29708	52	2	variables	variable	VERB
fbem-29708	52	3	the	the	DET
fbem-29708	52	4	article	article	NOUN
fbem-29708	52	5	selects	select	VERB
fbem-29708	52	6	the	the	DET
fbem-29708	52	7	following	follow	VERB
fbem-29708	52	8	control	control	NOUN
fbem-29708	52	9	variables	variable	NOUN
fbem-29708	52	10	based	base	VERB
fbem-29708	52	11	on	on	ADP
fbem-29708	52	12	the	the	DET
fbem-29708	52	13	research	research	NOUN
fbem-29708	52	14	results	result	NOUN
fbem-29708	52	15	of	of	ADP
fbem-29708	52	16	previous	previous	ADJ
fbem-29708	52	17	scholars	scholar	NOUN
fbem-29708	52	18	:	:	PUNCT
fbem-29708	52	19	leverage	leverage	NOUN
fbem-29708	52	20	ratio	ratio	NOUN
fbem-29708	52	21	(	(	PUNCT
fbem-29708	52	22	lev	lev	NOUN
fbem-29708	52	23	)	)	PUNCT
fbem-29708	52	24	,	,	PUNCT
fbem-29708	52	25	market	market	NOUN
fbem-29708	52	26	-	-	PUNCT
fbem-29708	52	27	to	to	ADP
fbem-29708	52	28	-	-	PUNCT
fbem-29708	52	29	book	book	NOUN
fbem-29708	52	30	ratio	ratio	NOUN
fbem-29708	52	31	(	(	PUNCT
fbem-29708	52	32	mtob	mtob	NOUN
fbem-29708	52	33	)	)	PUNCT
fbem-29708	52	34	,	,	PUNCT
fbem-29708	52	35	company	company	NOUN
fbem-29708	52	36	size	size	NOUN
fbem-29708	52	37	(	(	PUNCT
fbem-29708	52	38	size	size	NOUN
fbem-29708	52	39	)	)	PUNCT
fbem-29708	52	40	,	,	PUNCT
fbem-29708	52	41	return	return	VERB
fbem-29708	52	42	on	on	ADP
fbem-29708	52	43	assets	asset	NOUN
fbem-29708	52	44	(	(	PUNCT
fbem-29708	52	45	roa	roa	NOUN
fbem-29708	52	46	)	)	PUNCT
fbem-29708	52	47	,	,	PUNCT
fbem-29708	52	48	stock	stock	NOUN
fbem-29708	52	49	turnover	turnover	NOUN
fbem-29708	52	50	rate	rate	NOUN
fbem-29708	52	51	(	(	PUNCT
fbem-29708	52	52	dturn	dturn	NOUN
fbem-29708	52	53	)	)	PUNCT
fbem-29708	52	54	,	,	PUNCT
fbem-29708	52	55	information	information	NOUN
fbem-29708	52	56	transparency	transparency	NOUN
fbem-29708	52	57	index	index	NOUN
fbem-29708	52	58	(	(	PUNCT
fbem-29708	52	59	abacc	abacc	PROPN
fbem-29708	52	60	)	)	PUNCT
fbem-29708	52	61	,	,	PUNCT
fbem-29708	52	62	earnings	earning	NOUN
fbem-29708	52	63	per	per	ADP
fbem-29708	52	64	share	share	NOUN
fbem-29708	52	65	(	(	PUNCT
fbem-29708	52	66	eps	eps	PROPN
fbem-29708	52	67	)	)	PUNCT
fbem-29708	52	68	,	,	PUNCT
fbem-29708	52	69	degree	degree	NOUN
fbem-29708	52	70	of	of	ADP
fbem-29708	52	71	separation	separation	NOUN
fbem-29708	52	72	of	of	ADP
fbem-29708	52	73	rights	right	NOUN
fbem-29708	52	74	(	(	PUNCT
fbem-29708	52	75	seprt	seprt	NOUN
fbem-29708	52	76	)	)	PUNCT
fbem-29708	52	77	,	,	PUNCT
fbem-29708	52	78	average	average	ADJ
fbem-29708	52	79	weekly	weekly	ADJ
fbem-29708	52	80	stock	stock	NOUN
fbem-29708	52	81	return	return	NOUN
fbem-29708	52	82	(	(	PUNCT
fbem-29708	52	83	ret	ret	NOUN
fbem-29708	52	84	)	)	PUNCT
fbem-29708	52	85	,	,	PUNCT
fbem-29708	52	86	standard	standard	ADJ
fbem-29708	52	87	deviation	deviation	NOUN
fbem-29708	52	88	of	of	ADP
fbem-29708	52	89	average	average	ADJ
fbem-29708	52	90	weekly	weekly	ADJ
fbem-29708	52	91	stock	stock	NOUN
fbem-29708	52	92	return	return	NOUN
fbem-29708	52	93	(	(	PUNCT
fbem-29708	52	94	sigma	sigma	PROPN
fbem-29708	52	95	)	)	PUNCT
fbem-29708	52	96	,	,	PUNCT
fbem-29708	52	97	and	and	CCONJ
fbem-29708	52	98	the	the	DET
fbem-29708	52	99	current	current	ADJ
fbem-29708	52	100	period	period	NOUN
fbem-29708	52	101	's	's	PART
fbem-29708	52	102	stock	stock	NOUN
fbem-29708	52	103	price	price	NOUN
fbem-29708	52	104	crash	crash	NOUN
fbem-29708	52	105	risk	risk	NOUN
fbem-29708	52	106	indicator	indicator	NOUN
fbem-29708	52	107	(	(	PUNCT
fbem-29708	52	108	nskew	nskew	NOUN
fbem-29708	52	109	)	)	PUNCT
fbem-29708	52	110	.	.	PUNCT
fbem-29708	53	1	to	to	PART
fbem-29708	53	2	reduce	reduce	VERB
fbem-29708	53	3	variable	variable	ADJ
fbem-29708	53	4	bias	bias	NOUN
fbem-29708	53	5	,	,	PUNCT
fbem-29708	53	6	all	all	PRON
fbem-29708	53	7	control	control	NOUN
fbem-29708	53	8	variables	variable	NOUN
fbem-29708	53	9	in	in	ADP
fbem-29708	53	10	this	this	DET
fbem-29708	53	11	article	article	NOUN
fbem-29708	53	12	are	be	AUX
fbem-29708	53	13	lagged	lag	VERB
fbem-29708	53	14	by	by	ADP
fbem-29708	53	15	one	one	NUM
fbem-29708	53	16	period	period	NOUN
fbem-29708	53	17	.	.	PUNCT
fbem-29708	54	1	3.2.5	3.2.5	X
fbem-29708	54	2	.	.	PUNCT
fbem-29708	54	3	model	model	NOUN
fbem-29708	54	4	design	design	NOUN
fbem-29708	54	5	this	this	DET
fbem-29708	54	6	paper	paper	NOUN
fbem-29708	54	7	explores	explore	VERB
fbem-29708	54	8	the	the	DET
fbem-29708	54	9	relationship	relationship	NOUN
fbem-29708	54	10	between	between	ADP
fbem-29708	54	11	analyst	analyst	NOUN
fbem-29708	54	12	attention	attention	NOUN
fbem-29708	54	13	and	and	CCONJ
fbem-29708	54	14	stock	stock	NOUN
fbem-29708	54	15	price	price	NOUN
fbem-29708	54	16	crash	crash	NOUN
fbem-29708	54	17	using	use	VERB
fbem-29708	54	18	the	the	DET
fbem-29708	54	19	following	following	ADJ
fbem-29708	54	20	model	model	NOUN
fbem-29708	54	21	:	:	PUNCT
fbem-29708	54	22	𝐶𝑅𝐴𝑆𝐻	𝐶𝑅𝐴𝑆𝐻	PROPN
fbem-29708	54	23	𝛼	𝛼	PROPN
fbem-29708	54	24	𝛽	𝛽	PROPN
fbem-29708	54	25	𝐴𝑁𝐴𝑁𝑈𝑀	𝐴𝑁𝐴𝑁𝑈𝑀	PROPN
fbem-29708	54	26	𝛽	𝛽	PROPN
fbem-29708	54	27	𝐶𝑂𝑁𝑇𝑅𝑂𝐿𝑉𝐴𝑅𝐼𝐴𝐵𝐿𝐸	𝐶𝑂𝑁𝑇𝑅𝑂𝐿𝑉𝐴𝑅𝐼𝐴𝐵𝐿𝐸	PROPN
fbem-29708	54	28	𝜃	𝜃	NUM
fbem-29708	54	29	𝛿	𝛿	DET
fbem-29708	54	30	𝜀	𝜀	X
fbem-29708	54	31	(	(	PUNCT
fbem-29708	54	32	6	6	NUM
fbem-29708	54	33	)	)	PUNCT
fbem-29708	54	34	the	the	DET
fbem-29708	54	35	term	term	NOUN
fbem-29708	54	36	crash	crash	NOUN
fbem-29708	54	37	represents	represent	VERB
fbem-29708	54	38	the	the	DET
fbem-29708	54	39	risk	risk	NOUN
fbem-29708	54	40	of	of	ADP
fbem-29708	54	41	stock	stock	NOUN
fbem-29708	54	42	price	price	NOUN
fbem-29708	54	43	collapse	collapse	NOUN
fbem-29708	54	44	,	,	PUNCT
fbem-29708	54	45	ananum	ananum	ADJ
fbem-29708	54	46	indicates	indicate	VERB
fbem-29708	54	47	analyst	analyst	NOUN
fbem-29708	54	48	attention	attention	NOUN
fbem-29708	54	49	,	,	PUNCT
fbem-29708	54	50	and	and	CCONJ
fbem-29708	54	51	this	this	DET
fbem-29708	54	52	article	article	NOUN
fbem-29708	54	53	incorporates	incorporate	VERB
fbem-29708	54	54	regional	regional	ADJ
fbem-29708	54	55	and	and	CCONJ
fbem-29708	54	56	year	year	NOUN
fbem-29708	54	57	fixed	fix	VERB
fbem-29708	54	58	effects	effect	NOUN
fbem-29708	54	59	in	in	ADP
fbem-29708	54	60	the	the	DET
fbem-29708	54	61	regression	regression	NOUN
fbem-29708	54	62	,	,	PUNCT
fbem-29708	54	63	where	where	SCONJ
fbem-29708	54	64	𝜀	𝜀	PROPN
fbem-29708	54	65	denotes	denote	VERB
fbem-29708	54	66	the	the	DET
fbem-29708	54	67	residuals	residual	NOUN
fbem-29708	54	68	,	,	PUNCT
fbem-29708	54	69	with	with	ADP
fbem-29708	54	70	the	the	DET
fbem-29708	54	71	primary	primary	ADJ
fbem-29708	54	72	focus	focus	NOUN
fbem-29708	54	73	being	be	AUX
fbem-29708	54	74	on	on	ADP
fbem-29708	54	75	the	the	DET
fbem-29708	54	76	β1	β1	PROPN
fbem-29708	54	77	coefficient	coefficient	NOUN
fbem-29708	54	78	.	.	PUNCT
fbem-29708	55	1	table	table	NOUN
fbem-29708	55	2	1	1	NUM
fbem-29708	55	3	lists	list	VERB
fbem-29708	55	4	the	the	DET
fbem-29708	55	5	definitions	definition	NOUN
fbem-29708	55	6	of	of	ADP
fbem-29708	55	7	each	each	DET
fbem-29708	55	8	variable	variable	NOUN
fbem-29708	55	9	:	:	PUNCT
fbem-29708	55	10	table	table	NOUN
fbem-29708	55	11	1	1	NUM
fbem-29708	55	12	.	.	PUNCT
fbem-29708	56	1	variable	variable	ADJ
fbem-29708	56	2	definitions	definition	NOUN
fbem-29708	56	3	variable	variable	ADJ
fbem-29708	56	4	name	name	NOUN
fbem-29708	56	5	variable	variable	ADJ
fbem-29708	56	6	symbol	symbol	NOUN
fbem-29708	56	7	variable	variable	ADJ
fbem-29708	56	8	definition	definition	NOUN
fbem-29708	56	9	stock	stock	NOUN
fbem-29708	56	10	price	price	NOUN
fbem-29708	56	11	crash	crash	NOUN
fbem-29708	56	12	risk	risk	NOUN
fbem-29708	56	13	nskew	nskew	CCONJ
fbem-29708	56	14	negative	negative	ADJ
fbem-29708	56	15	value	value	NOUN
fbem-29708	56	16	of	of	ADP
fbem-29708	56	17	the	the	DET
fbem-29708	56	18	skewness	skewness	NOUN
fbem-29708	56	19	of	of	ADP
fbem-29708	56	20	the	the	DET
fbem-29708	56	21	company	company	NOUN
fbem-29708	56	22	's	's	PART
fbem-29708	56	23	trait	trait	NOUN
fbem-29708	56	24	returns	return	NOUN
fbem-29708	56	25	duvol	duvol	VERB
fbem-29708	56	26	the	the	DET
fbem-29708	56	27	ratio	ratio	NOUN
fbem-29708	56	28	of	of	ADP
fbem-29708	56	29	the	the	DET
fbem-29708	56	30	falling	fall	VERB
fbem-29708	56	31	volatility	volatility	NOUN
fbem-29708	56	32	of	of	ADP
fbem-29708	56	33	a	a	DET
fbem-29708	56	34	company	company	NOUN
fbem-29708	56	35	's	's	PART
fbem-29708	56	36	stock	stock	NOUN
fbem-29708	56	37	price	price	NOUN
fbem-29708	56	38	to	to	ADP
fbem-29708	56	39	the	the	DET
fbem-29708	56	40	rising	rise	VERB
fbem-29708	56	41	volatility	volatility	NOUN
fbem-29708	56	42	count	count	NOUN
fbem-29708	56	43	formula	formula	NOUN
fbem-29708	56	44	:	:	PUNCT
fbem-29708	56	45	the	the	DET
fbem-29708	56	46	difference	difference	NOUN
fbem-29708	56	47	between	between	ADP
fbem-29708	56	48	how	how	SCONJ
fbem-29708	56	49	often	often	ADV
fbem-29708	56	50	a	a	DET
fbem-29708	56	51	stock	stock	NOUN
fbem-29708	56	52	price	price	NOUN
fbem-29708	56	53	goes	go	VERB
fbem-29708	56	54	up	up	ADP
fbem-29708	56	55	and	and	CCONJ
fbem-29708	56	56	down	down	ADP
fbem-29708	56	57	analyst	analyst	NOUN
fbem-29708	56	58	attention	attention	NOUN
fbem-29708	56	59	ananum	ananum	ADJ
fbem-29708	56	60	ln(1	ln(1	PROPN
fbem-29708	56	61	+	+	NOUN
fbem-29708	56	62	analyst	analyst	NOUN
fbem-29708	56	63	number	number	NOUN
fbem-29708	56	64	)	)	PUNCT
fbem-29708	56	65	ananum2	ananum2	VERB
fbem-29708	56	66	the	the	DET
fbem-29708	56	67	sum	sum	NOUN
fbem-29708	56	68	of	of	ADP
fbem-29708	56	69	the	the	DET
fbem-29708	56	70	number	number	NOUN
fbem-29708	56	71	of	of	ADP
fbem-29708	56	72	analysts	analyst	NOUN
fbem-29708	56	73	social	social	ADJ
fbem-29708	56	74	trust	trust	NOUN
fbem-29708	56	75	trustdumm1	trustdumm1	NOUN
fbem-29708	56	76	variables	variable	NOUN
fbem-29708	56	77	consisting	consist	VERB
fbem-29708	56	78	of	of	ADP
fbem-29708	56	79	the	the	DET
fbem-29708	56	80	dumb	dumb	ADJ
fbem-29708	56	81	cgss	cgss	NOUN
fbem-29708	56	82	variable	variable	NOUN
fbem-29708	56	83	,	,	PUNCT
fbem-29708	56	84	exceeding	exceed	VERB
fbem-29708	56	85	the	the	DET
fbem-29708	56	86	sample	sample	NOUN
fbem-29708	56	87	mean	mean	VERB
fbem-29708	56	88	by	by	ADP
fbem-29708	56	89	1	1	NUM
fbem-29708	56	90	,	,	PUNCT
fbem-29708	56	91	otherwise	otherwise	ADV
fbem-29708	56	92	0	0	X
fbem-29708	56	93	.	.	PUNCT
fbem-29708	57	1	trustdumm2	trustdumm2	VERB
fbem-29708	58	1	the	the	DET
fbem-29708	58	2	mean	mean	ADJ
fbem-29708	58	3	values	value	NOUN
fbem-29708	58	4	of	of	ADP
fbem-29708	58	5	the	the	DET
fbem-29708	58	6	samples	sample	NOUN
fbem-29708	58	7	calculated	calculate	VERB
fbem-29708	58	8	by	by	ADP
fbem-29708	58	9	the	the	DET
fbem-29708	58	10	five	five	NUM
fbem-29708	58	11	indicators	indicator	NOUN
fbem-29708	58	12	of	of	ADP
fbem-29708	58	13	cgss	cgss	NOUN
fbem-29708	58	14	are	be	AUX
fbem-29708	58	15	used	use	VERB
fbem-29708	58	16	as	as	ADP
fbem-29708	58	17	the	the	DET
fbem-29708	58	18	boundary	boundary	NOUN
fbem-29708	58	19	,	,	PUNCT
fbem-29708	58	20	and	and	CCONJ
fbem-29708	58	21	the	the	DET
fbem-29708	58	22	value	value	NOUN
fbem-29708	58	23	greater	great	ADJ
fbem-29708	58	24	than	than	ADP
fbem-29708	58	25	the	the	DET
fbem-29708	58	26	mean	mean	NOUN
fbem-29708	58	27	is	be	AUX
fbem-29708	58	28	1	1	NUM
fbem-29708	58	29	,	,	PUNCT
fbem-29708	58	30	otherwise	otherwise	ADV
fbem-29708	58	31	0	0	NUM
fbem-29708	58	32	is	be	AUX
fbem-29708	58	33	taken	take	VERB
fbem-29708	58	34	.	.	PUNCT
fbem-29708	59	1	debt	debt	NOUN
fbem-29708	59	2	-	-	PUNCT
fbem-29708	59	3	to	to	ADP
fbem-29708	59	4	-	-	PUNCT
fbem-29708	59	5	asset	asset	NOUN
fbem-29708	59	6	ratio	ratio	NOUN
fbem-29708	59	7	lev	lev	NOUN
fbem-29708	59	8	total	total	ADJ
fbem-29708	59	9	liabilities	liability	NOUN
fbem-29708	59	10	/	/	SYM
fbem-29708	59	11	total	total	ADJ
fbem-29708	59	12	assets	asset	NOUN
fbem-29708	59	13	the	the	DET
fbem-29708	59	14	size	size	NOUN
fbem-29708	59	15	of	of	ADP
fbem-29708	59	16	the	the	DET
fbem-29708	59	17	company	company	NOUN
fbem-29708	59	18	size	size	NOUN
fbem-29708	59	19	ln（1+total	ln（1+total	PROPN
fbem-29708	59	20	assets	asset	NOUN
fbem-29708	59	21	）	）	PUNCT
fbem-29708	59	22	return	return	NOUN
fbem-29708	59	23	on	on	ADP
fbem-29708	59	24	assets	asset	NOUN
fbem-29708	59	25	roa	roa	PROPN
fbem-29708	59	26	net	net	ADJ
fbem-29708	59	27	profit	profit	NOUN
fbem-29708	59	28	/	/	SYM
fbem-29708	59	29	total	total	ADJ
fbem-29708	59	30	assets	asset	NOUN
fbem-29708	59	31	market	market	NOUN
fbem-29708	59	32	capitalization	capitalization	NOUN
fbem-29708	59	33	-	-	PUNCT
fbem-29708	59	34	to	to	ADP
fbem-29708	59	35	-	-	PUNCT
fbem-29708	59	36	book	book	NOUN
fbem-29708	59	37	ratio	ratio	NOUN
fbem-29708	59	38	mtob	mtob	NOUN
fbem-29708	59	39	(	(	PUNCT
fbem-29708	59	40	market	market	NOUN
fbem-29708	59	41	value	value	NOUN
fbem-29708	59	42	of	of	ADP
fbem-29708	59	43	outstanding	outstanding	ADJ
fbem-29708	59	44	shares	share	NOUN
fbem-29708	59	45	+	+	CCONJ
fbem-29708	59	46	book	book	NOUN
fbem-29708	59	47	value	value	NOUN
fbem-29708	59	48	of	of	ADP
fbem-29708	59	49	nontradable	nontradable	ADJ
fbem-29708	59	50	shares	share	NOUN
fbem-29708	59	51	)	)	PUNCT
fbem-29708	59	52	/	/	SYM
fbem-29708	59	53	book	book	NOUN
fbem-29708	59	54	value	value	NOUN
fbem-29708	59	55	of	of	ADP
fbem-29708	59	56	equity	equity	NOUN
fbem-29708	59	57	stock	stock	NOUN
fbem-29708	59	58	liquidity	liquidity	NOUN
fbem-29708	59	59	dturn	dturn	NOUN
fbem-29708	59	60	turnover	turnover	NOUN
fbem-29708	59	61	rate	rate	NOUN
fbem-29708	59	62	in	in	ADP
fbem-29708	59	63	year	year	NOUN
fbem-29708	59	64	t	t	NOUN
fbem-29708	59	65	turnover	turnover	NOUN
fbem-29708	59	66	rate	rate	NOUN
fbem-29708	59	67	in	in	ADP
fbem-29708	59	68	year	year	NOUN
fbem-29708	59	69	t-1	t-1	PROPN
fbem-29708	59	70	information	information	NOUN
fbem-29708	59	71	transparency	transparency	NOUN
fbem-29708	59	72	abacc	abacc	PROPN
fbem-29708	59	73	operational	operational	ADJ
fbem-29708	59	74	accrual	accrual	ADJ
fbem-29708	59	75	earnings	earning	NOUN
fbem-29708	59	76	management	management	NOUN
fbem-29708	59	77	calculated	calculate	VERB
fbem-29708	59	78	by	by	ADP
fbem-29708	59	79	the	the	DET
fbem-29708	59	80	modified	modify	VERB
fbem-29708	59	81	jones	jones	PROPN
fbem-29708	59	82	model	model	NOUN
fbem-29708	59	83	earnings	earning	NOUN
fbem-29708	59	84	per	per	ADP
fbem-29708	59	85	share	share	NOUN
fbem-29708	59	86	eps	eps	PROPN
fbem-29708	60	1	total	total	ADJ
fbem-29708	60	2	revenue	revenue	NOUN
fbem-29708	60	3	/	/	SYM
fbem-29708	60	4	total	total	ADJ
fbem-29708	60	5	number	number	NOUN
fbem-29708	60	6	of	of	ADP
fbem-29708	60	7	shares	share	NOUN
fbem-29708	60	8	separation	separation	NOUN
fbem-29708	60	9	of	of	ADP
fbem-29708	60	10	powers	power	NOUN
fbem-29708	60	11	seprt	seprt	VERB
fbem-29708	60	12	the	the	DET
fbem-29708	60	13	control	control	NOUN
fbem-29708	60	14	of	of	ADP
fbem-29708	60	15	the	the	DET
fbem-29708	60	16	actual	actual	ADJ
fbem-29708	60	17	controller	controller	NOUN
fbem-29708	60	18	the	the	DET
fbem-29708	60	19	right	right	NOUN
fbem-29708	60	20	to	to	PART
fbem-29708	60	21	cash	cash	NOUN
fbem-29708	60	22	flow	flow	NOUN
fbem-29708	60	23	standard	standard	ADJ
fbem-29708	60	24	deviation	deviation	NOUN
fbem-29708	60	25	of	of	ADP
fbem-29708	60	26	returns	return	NOUN
fbem-29708	60	27	sigma	sigma	VERB
fbem-29708	60	28	the	the	DET
fbem-29708	60	29	standard	standard	ADJ
fbem-29708	60	30	deviation	deviation	NOUN
fbem-29708	60	31	of	of	ADP
fbem-29708	60	32	the	the	DET
fbem-29708	60	33	company	company	NOUN
fbem-29708	60	34	's	's	PART
fbem-29708	60	35	earnings	earning	NOUN
fbem-29708	60	36	in	in	ADP
fbem-29708	60	37	year	year	NOUN
fbem-29708	60	38	t.	t.	NOUN
fbem-29708	60	39	average	average	ADJ
fbem-29708	60	40	returns	return	NOUN
fbem-29708	60	41	ret	ret	VERB
fbem-29708	60	42	average	average	ADJ
fbem-29708	60	43	weekly	weekly	ADJ
fbem-29708	60	44	holding	holding	NOUN
fbem-29708	60	45	yield	yield	NOUN
fbem-29708	60	46	4	4	NUM
fbem-29708	60	47	.	.	PUNCT
fbem-29708	61	1	empirical	empirical	ADJ
fbem-29708	61	2	analysis	analysis	NOUN
fbem-29708	61	3	results	result	VERB
fbem-29708	61	4	4.1	4.1	NUM
fbem-29708	61	5	.	.	PUNCT
fbem-29708	62	1	descriptive	descriptive	ADJ
fbem-29708	62	2	statistics	statistic	NOUN
fbem-29708	62	3	the	the	DET
fbem-29708	62	4	descriptive	descriptive	ADJ
fbem-29708	62	5	statistics	statistic	NOUN
fbem-29708	62	6	of	of	ADP
fbem-29708	62	7	each	each	DET
fbem-29708	62	8	variable	variable	NOUN
fbem-29708	62	9	are	be	AUX
fbem-29708	62	10	shown	show	VERB
fbem-29708	62	11	in	in	ADP
fbem-29708	62	12	table	table	NOUN
fbem-29708	62	13	2	2	NUM
fbem-29708	62	14	,	,	PUNCT
fbem-29708	62	15	and	and	CCONJ
fbem-29708	62	16	the	the	DET
fbem-29708	62	17	mean	mean	ADJ
fbem-29708	62	18	values	value	NOUN
fbem-29708	62	19	of	of	ADP
fbem-29708	62	20	the	the	DET
fbem-29708	62	21	stock	stock	NOUN
fbem-29708	62	22	price	price	NOUN
fbem-29708	62	23	crash	crash	NOUN
fbem-29708	62	24	risk	risk	NOUN
fbem-29708	62	25	indicators	indicator	NOUN
fbem-29708	62	26	(	(	PUNCT
fbem-29708	62	27	nskew	nskew	NOUN
fbem-29708	62	28	,	,	PUNCT
fbem-29708	62	29	duvol	duvol	NOUN
fbem-29708	62	30	,	,	PUNCT
fbem-29708	62	31	count	count	NOUN
fbem-29708	62	32	)	)	PUNCT
fbem-29708	62	33	are	be	AUX
fbem-29708	62	34	-0.485	-0.485	NUM
fbem-29708	62	35	,	,	PUNCT
fbem-29708	62	36	0.823	0.823	NUM
fbem-29708	62	37	and	and	CCONJ
fbem-29708	62	38	-0.149	-0.149	PRON
fbem-29708	62	39	,	,	PUNCT
fbem-29708	62	40	respectively	respectively	ADV
fbem-29708	62	41	,	,	PUNCT
fbem-29708	62	42	and	and	CCONJ
fbem-29708	62	43	the	the	DET
fbem-29708	62	44	standard	standard	ADJ
fbem-29708	62	45	deviations	deviation	NOUN
fbem-29708	62	46	are	be	AUX
fbem-29708	62	47	0.753	0.753	NUM
fbem-29708	62	48	,	,	PUNCT
fbem-29708	62	49	0.315	0.315	NUM
fbem-29708	62	50	and	and	CCONJ
fbem-29708	62	51	0.570	0.570	NUM
fbem-29708	62	52	,	,	PUNCT
fbem-29708	62	53	respectively	respectively	ADV
fbem-29708	62	54	.	.	PUNCT
fbem-29708	63	1	it	it	PRON
fbem-29708	63	2	shows	show	VERB
fbem-29708	63	3	that	that	SCONJ
fbem-29708	63	4	the	the	DET
fbem-29708	63	5	risk	risk	NOUN
fbem-29708	63	6	of	of	ADP
fbem-29708	63	7	stock	stock	NOUN
fbem-29708	63	8	price	price	NOUN
fbem-29708	63	9	crash	crash	NOUN
fbem-29708	63	10	varies	vary	VERB
fbem-29708	63	11	greatly	greatly	ADV
fbem-29708	63	12	among	among	ADP
fbem-29708	63	13	different	different	ADJ
fbem-29708	63	14	companies	company	NOUN
fbem-29708	63	15	;	;	PUNCT
fbem-29708	63	16	the	the	DET
fbem-29708	63	17	average	average	ADJ
fbem-29708	63	18	analyst	analyst	NOUN
fbem-29708	63	19	attention	attention	NOUN
fbem-29708	63	20	is	be	AUX
fbem-29708	63	21	1.384	1.384	NUM
fbem-29708	63	22	,	,	PUNCT
fbem-29708	63	23	which	which	PRON
fbem-29708	63	24	indicates	indicate	VERB
fbem-29708	63	25	that	that	SCONJ
fbem-29708	63	26	the	the	DET
fbem-29708	63	27	analyst	analyst	NOUN
fbem-29708	63	28	coverage	coverage	NOUN
fbem-29708	63	29	of	of	ADP
fbem-29708	63	30	listed	list	VERB
fbem-29708	63	31	companies	company	NOUN
fbem-29708	63	32	is	be	AUX
fbem-29708	63	33	wide	wide	ADJ
fbem-29708	63	34	,	,	PUNCT
fbem-29708	63	35	and	and	CCONJ
fbem-29708	63	36	the	the	DET
fbem-29708	63	37	variance	variance	NOUN
fbem-29708	63	38	is	be	AUX
fbem-29708	63	39	1.150	1.150	NUM
fbem-29708	63	40	,	,	PUNCT
fbem-29708	63	41	which	which	PRON
fbem-29708	63	42	indicates	indicate	VERB
fbem-29708	63	43	that	that	SCONJ
fbem-29708	63	44	the	the	DET
fbem-29708	63	45	analyst	analyst	NOUN
fbem-29708	63	46	attention	attention	NOUN
fbem-29708	63	47	of	of	ADP
fbem-29708	63	48	different	different	ADJ
fbem-29708	63	49	companies	company	NOUN
fbem-29708	63	50	varies	vary	VERB
fbem-29708	63	51	greatly	greatly	ADV
fbem-29708	63	52	.	.	PUNCT
fbem-29708	64	1	4.2	4.2	NUM
fbem-29708	64	2	.	.	PUNCT
fbem-29708	65	1	multiple	multiple	ADJ
fbem-29708	65	2	regression	regression	NOUN
fbem-29708	65	3	analysis	analysis	NOUN
fbem-29708	65	4	firstly	firstly	ADV
fbem-29708	65	5	,	,	PUNCT
fbem-29708	65	6	the	the	DET
fbem-29708	65	7	relationship	relationship	NOUN
fbem-29708	65	8	between	between	ADP
fbem-29708	65	9	analyst	analyst	NOUN
fbem-29708	65	10	attention	attention	NOUN
fbem-29708	65	11	and	and	CCONJ
fbem-29708	65	12	stock	stock	NOUN
fbem-29708	65	13	price	price	NOUN
fbem-29708	65	14	crash	crash	NOUN
fbem-29708	65	15	risk	risk	NOUN
fbem-29708	65	16	is	be	AUX
fbem-29708	65	17	verified	verify	VERB
fbem-29708	65	18	,	,	PUNCT
fbem-29708	65	19	as	as	SCONJ
fbem-29708	65	20	shown	show	VERB
fbem-29708	65	21	in	in	ADP
fbem-29708	65	22	table	table	NOUN
fbem-29708	65	23	3	3	NUM
fbem-29708	65	24	.	.	PUNCT
fbem-29708	66	1	regressions	regression	NOUN
fbem-29708	66	2	(	(	PUNCT
fbem-29708	66	3	1	1	NUM
fbem-29708	66	4	)	)	PUNCT
fbem-29708	66	5	,	,	PUNCT
fbem-29708	66	6	(	(	PUNCT
fbem-29708	66	7	3	3	X
fbem-29708	66	8	)	)	PUNCT
fbem-29708	66	9	and	and	CCONJ
fbem-29708	66	10	(	(	PUNCT
fbem-29708	66	11	5	5	X
fbem-29708	66	12	)	)	PUNCT
fbem-29708	66	13	were	be	AUX
fbem-29708	66	14	the	the	DET
fbem-29708	66	15	results	result	NOUN
fbem-29708	66	16	without	without	ADP
fbem-29708	66	17	the	the	DET
fbem-29708	66	18	addition	addition	NOUN
fbem-29708	66	19	of	of	ADP
fbem-29708	66	20	control	control	NOUN
fbem-29708	66	21	variables	variable	NOUN
fbem-29708	66	22	,	,	PUNCT
fbem-29708	66	23	and	and	CCONJ
fbem-29708	66	24	the	the	DET
fbem-29708	66	25	coefficients	coefficient	NOUN
fbem-29708	66	26	were	be	AUX
fbem-29708	66	27	0.064	0.064	NUM
fbem-29708	66	28	,	,	PUNCT
fbem-29708	66	29	0.018	0.018	NUM
fbem-29708	66	30	and	and	CCONJ
fbem-29708	66	31	0.033	0.033	NUM
fbem-29708	66	32	,	,	PUNCT
fbem-29708	66	33	respectively	respectively	ADV
fbem-29708	66	34	,	,	PUNCT
fbem-29708	66	35	which	which	PRON
fbem-29708	66	36	were	be	AUX
fbem-29708	66	37	significant	significant	ADJ
fbem-29708	66	38	at	at	ADP
fbem-29708	66	39	the	the	DET
fbem-29708	66	40	level	level	NOUN
fbem-29708	66	41	of	of	ADP
fbem-29708	66	42	1	1	NUM
fbem-29708	66	43	%	%	NOUN
fbem-29708	66	44	.	.	PUNCT
fbem-29708	67	1	after	after	ADP
fbem-29708	67	2	adding	add	VERB
fbem-29708	67	3	the	the	DET
fbem-29708	67	4	control	control	NOUN
fbem-29708	67	5	variables	variable	NOUN
fbem-29708	67	6	,	,	PUNCT
fbem-29708	67	7	the	the	DET
fbem-29708	67	8	coefficients	coefficient	NOUN
fbem-29708	67	9	increased	increase	VERB
fbem-29708	67	10	to	to	ADP
fbem-29708	67	11	0.069	0.069	NUM
fbem-29708	67	12	,	,	PUNCT
fbem-29708	67	13	0.021	0.021	NUM
fbem-29708	67	14	and	and	CCONJ
fbem-29708	67	15	0.040	0.040	NUM
fbem-29708	67	16	,	,	PUNCT
fbem-29708	67	17	respectively	respectively	ADV
fbem-29708	67	18	,	,	PUNCT
fbem-29708	67	19	and	and	CCONJ
fbem-29708	67	20	were	be	AUX
fbem-29708	67	21	significantly	significantly	ADV
fbem-29708	67	22	below	below	ADP
fbem-29708	67	23	the	the	DET
fbem-29708	67	24	1	1	NUM
fbem-29708	67	25	%	%	NOUN
fbem-29708	67	26	level	level	NOUN
fbem-29708	67	27	,	,	PUNCT
fbem-29708	67	28	indicating	indicate	VERB
fbem-29708	67	29	that	that	SCONJ
fbem-29708	67	30	the	the	PRON
fbem-29708	67	31	higher	high	ADJ
fbem-29708	67	32	the	the	DET
fbem-29708	67	33	analyst	analyst	NOUN
fbem-29708	67	34	attention	attention	NOUN
fbem-29708	67	35	,	,	PUNCT
fbem-29708	67	36	the	the	PRON
fbem-29708	67	37	higher	high	ADJ
fbem-29708	67	38	the	the	DET
fbem-29708	67	39	risk	risk	NOUN
fbem-29708	67	40	of	of	ADP
fbem-29708	67	41	a	a	DET
fbem-29708	67	42	company	company	NOUN
fbem-29708	67	43	's	's	PART
fbem-29708	67	44	stock	stock	NOUN
fbem-29708	67	45	price	price	NOUN
fbem-29708	67	46	crash	crash	NOUN
fbem-29708	67	47	,	,	PUNCT
fbem-29708	67	48	validating	validate	VERB
fbem-29708	67	49	hypothesis	hypothesis	NOUN
fbem-29708	67	50	h1	h1	NOUN
fbem-29708	67	51	.	.	PUNCT
fbem-29708	68	1	211	211	NUM
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fbem-29708	68	14	max	max	PROPN
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fbem-29708	68	52	t	t	NOUN
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fbem-29708	68	61	trustdumm2	trustdumm2	NOUN
fbem-29708	68	62	t	t	PROPN
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fbem-29708	68	71	levt	levt	NOUN
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fbem-29708	68	74	0.203	0.203	NUM
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fbem-29708	68	80	sizet	sizet	ADJ
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fbem-29708	68	87	22.924	22.924	NUM
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fbem-29708	68	89	roat	roat	NOUN
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fbem-29708	68	98	mtobt	mtobt	ADP
fbem-29708	68	99	26768	26768	NUM
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fbem-29708	68	125	epst	epst	ADJ
fbem-29708	68	126	26768	26768	NUM
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fbem-29708	68	134	seprtt	seprtt	ADJ
fbem-29708	68	135	26768	26768	NUM
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fbem-29708	68	137	7.925	7.925	NUM
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fbem-29708	68	139	0.000	0.000	NUM
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fbem-29708	68	142	49.398	49.398	NUM
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fbem-29708	68	144	26768	26768	NUM
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fbem-29708	68	146	0.703	0.703	NUM
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fbem-29708	69	13	rett	rett	PROPN
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fbem-29708	69	23	3	3	NUM
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fbem-29708	69	27	results	result	NOUN
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fbem-29708	69	31	(	(	PUNCT
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fbem-29708	69	33	)	)	PUNCT
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fbem-29708	69	35	3	3	X
fbem-29708	69	36	)	)	PUNCT
fbem-29708	69	37	(	(	PUNCT
fbem-29708	69	38	4	4	NUM
fbem-29708	69	39	)	)	PUNCT
fbem-29708	69	40	(	(	PUNCT
fbem-29708	69	41	5	5	NUM
fbem-29708	69	42	)	)	PUNCT
fbem-29708	69	43	(	(	PUNCT
fbem-29708	69	44	6	6	NUM
fbem-29708	69	45	)	)	PUNCT
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fbem-29708	69	47	nskewt+1	nskewt+1	PROPN
fbem-29708	69	48	duvolt+1	duvolt+1	PROPN
fbem-29708	69	49	duvolt+1	duvolt+1	PROPN
fbem-29708	69	50	countt+1	countt+1	PROPN
fbem-29708	69	51	countt+1	countt+1	PROPN
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fbem-29708	69	76	*	*	PUNCT
fbem-29708	69	77	(	(	PUNCT
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fbem-29708	69	79	)	)	PUNCT
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fbem-29708	69	81	12.80	12.80	NUM
fbem-29708	69	82	)	)	PUNCT
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fbem-29708	69	88	)	)	PUNCT
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fbem-29708	69	91	)	)	PUNCT
fbem-29708	69	92	(	(	PUNCT
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fbem-29708	69	94	)	)	PUNCT
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fbem-29708	74	13	)	)	PUNCT
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fbem-29708	74	29	)	)	PUNCT
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fbem-29708	74	32	)	)	PUNCT
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fbem-29708	74	45	)	)	PUNCT
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fbem-29708	74	51	)	)	PUNCT
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fbem-29708	75	8	)	)	PUNCT
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fbem-29708	75	27	)	)	PUNCT
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fbem-29708	75	30	)	)	PUNCT
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fbem-29708	75	33	)	)	PUNCT
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fbem-29708	75	43	)	)	PUNCT
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fbem-29708	75	46	)	)	PUNCT
fbem-29708	75	47	nskewt	nskewt	VERB
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fbem-29708	75	51	*	*	PUNCT
fbem-29708	75	52	0.015	0.015	NUM
fbem-29708	75	53	*	*	PUNCT
fbem-29708	75	54	*	*	PUNCT
fbem-29708	75	55	*	*	NOUN
fbem-29708	75	56	0.018	0.018	NUM
fbem-29708	75	57	*	*	PUNCT
fbem-29708	75	58	*	*	PUNCT
fbem-29708	75	59	*	*	PUNCT
fbem-29708	75	60	(	(	PUNCT
fbem-29708	75	61	5.09	5.09	NUM
fbem-29708	75	62	)	)	PUNCT
fbem-29708	75	63	(	(	PUNCT
fbem-29708	75	64	5.27	5.27	NUM
fbem-29708	75	65	)	)	PUNCT
fbem-29708	75	66	(	(	PUNCT
fbem-29708	75	67	3.41	3.41	NUM
fbem-29708	75	68	)	)	PUNCT
fbem-29708	75	69	sigmat	sigmat	NOUN
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fbem-29708	75	71	0.856	0.856	NUM
fbem-29708	75	72	*	*	NOUN
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fbem-29708	75	74	*	*	PUNCT
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fbem-29708	75	77	(	(	PUNCT
fbem-29708	75	78	0.23	0.23	NUM
fbem-29708	75	79	)	)	PUNCT
fbem-29708	75	80	(	(	PUNCT
fbem-29708	75	81	1.74	1.74	NUM
fbem-29708	75	82	)	)	PUNCT
fbem-29708	75	83	(	(	PUNCT
fbem-29708	75	84	4.53	4.53	NUM
fbem-29708	75	85	)	)	PUNCT
fbem-29708	75	86	rett	rett	NOUN
fbem-29708	76	1	2.231	2.231	NUM
fbem-29708	76	2	*	*	PUNCT
fbem-29708	76	3	*	*	PUNCT
fbem-29708	76	4	*	*	PUNCT
fbem-29708	76	5	0.769	0.769	NUM
fbem-29708	76	6	*	*	PUNCT
fbem-29708	76	7	*	*	PUNCT
fbem-29708	76	8	*	*	PUNCT
fbem-29708	76	9	1.303	1.303	NUM
fbem-29708	76	10	*	*	PUNCT
fbem-29708	76	11	*	*	PUNCT
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fbem-29708	76	13	(	(	PUNCT
fbem-29708	76	14	11.07	11.07	NUM
fbem-29708	76	15	)	)	PUNCT
fbem-29708	76	16	(	(	PUNCT
fbem-29708	76	17	9.61	9.61	NUM
fbem-29708	76	18	)	)	PUNCT
fbem-29708	76	19	(	(	PUNCT
fbem-29708	76	20	9.40	9.40	NUM
fbem-29708	76	21	)	)	PUNCT
fbem-29708	76	22	constant	constant	ADJ
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fbem-29708	76	24	*	*	PUNCT
fbem-29708	76	25	*	*	PUNCT
fbem-29708	76	26	*	*	PUNCT
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fbem-29708	76	28	*	*	NOUN
fbem-29708	76	29	*	*	PUNCT
fbem-29708	76	30	*	*	PUNCT
fbem-29708	76	31	0.798	0.798	NUM
fbem-29708	76	32	*	*	PUNCT
fbem-29708	76	33	*	*	PUNCT
fbem-29708	76	34	*	*	PUNCT
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fbem-29708	76	36	*	*	PUNCT
fbem-29708	76	37	*	*	PUNCT
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fbem-29708	76	40	*	*	PUNCT
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fbem-29708	76	44	*	*	PUNCT
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fbem-29708	76	47	(	(	PUNCT
fbem-29708	76	48	-69.19	-69.19	PROPN
fbem-29708	76	49	)	)	PUNCT
fbem-29708	76	50	(	(	PUNCT
fbem-29708	76	51	9.23	9.23	NUM
fbem-29708	76	52	)	)	PUNCT
fbem-29708	76	53	(	(	PUNCT
fbem-29708	76	54	241.90	241.90	NUM
fbem-29708	76	55	)	)	PUNCT
fbem-29708	76	56	(	(	PUNCT
fbem-29708	76	57	22.58	22.58	NUM
fbem-29708	76	58	)	)	PUNCT
fbem-29708	76	59	(	(	PUNCT
fbem-29708	76	60	-32.79	-32.79	PROPN
fbem-29708	76	61	)	)	PUNCT
fbem-29708	76	62	(	(	PUNCT
fbem-29708	76	63	5.44	5.44	NUM
fbem-29708	76	64	)	)	PUNCT
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fbem-29708	76	67	26,768	26,768	NUM
fbem-29708	76	68	26,768	26,768	NUM
fbem-29708	76	69	26,768	26,768	NUM
fbem-29708	76	70	26,768	26,768	NUM
fbem-29708	76	71	26,768	26,768	NUM
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fbem-29708	76	73	0.055	0.055	NUM
fbem-29708	76	74	0.129	0.129	NUM
fbem-29708	76	75	0.057	0.057	NUM
fbem-29708	76	76	0.097	0.097	NUM
fbem-29708	76	77	0.030	0.030	NUM
fbem-29708	76	78	0.048	0.048	NUM
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fbem-29708	76	80	fe	fe	PROPN
fbem-29708	76	81	control	control	PROPN
fbem-29708	76	82	control	control	PROPN
fbem-29708	76	83	control	control	PROPN
fbem-29708	76	84	control	control	PROPN
fbem-29708	76	85	control	control	PROPN
fbem-29708	76	86	control	control	PROPN
fbem-29708	76	87	year	year	PROPN
fbem-29708	76	88	fe	fe	PROPN
fbem-29708	76	89	control	control	PROPN
fbem-29708	76	90	control	control	PROPN
fbem-29708	76	91	control	control	PROPN
fbem-29708	76	92	control	control	PROPN
fbem-29708	76	93	control	control	PROPN
fbem-29708	76	94	control	control	PROPN
fbem-29708	76	95	*	*	NOUN
fbem-29708	76	96	,	,	PUNCT
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fbem-29708	76	98	*	*	PUNCT
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fbem-29708	76	102	*	*	PUNCT
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fbem-29708	76	106	levels	level	NOUN
fbem-29708	76	107	of	of	ADP
fbem-29708	76	108	10	10	NUM
fbem-29708	76	109	%	%	NOUN
fbem-29708	76	110	,	,	PUNCT
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fbem-29708	76	112	%	%	NOUN
fbem-29708	76	113	,	,	PUNCT
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fbem-29708	76	116	%	%	NOUN
fbem-29708	76	117	,	,	PUNCT
fbem-29708	76	118	respectively	respectively	ADV
fbem-29708	76	119	,	,	PUNCT
fbem-29708	76	120	and	and	CCONJ
fbem-29708	76	121	the	the	DET
fbem-29708	76	122	t	t	NOUN
fbem-29708	76	123	value	value	NOUN
fbem-29708	76	124	is	be	AUX
fbem-29708	76	125	in	in	ADP
fbem-29708	76	126	parentheses	parenthesis	NOUN
fbem-29708	76	127	,	,	PUNCT
fbem-29708	76	128	the	the	DET
fbem-29708	76	129	same	same	ADJ
fbem-29708	76	130	below	below	ADV
fbem-29708	76	131	.	.	PUNCT
fbem-29708	77	1	5	5	X
fbem-29708	77	2	.	.	X
fbem-29708	77	3	empirical	empirical	ADJ
fbem-29708	77	4	analysis	analysis	NOUN
fbem-29708	77	5	results	result	VERB
fbem-29708	77	6	5.1	5.1	NUM
fbem-29708	77	7	.	.	PUNCT
fbem-29708	78	1	replace	replace	VERB
fbem-29708	78	2	explanatory	explanatory	ADJ
fbem-29708	78	3	variables	variable	NOUN
fbem-29708	78	4	as	as	SCONJ
fbem-29708	78	5	shown	show	VERB
fbem-29708	78	6	in	in	ADP
fbem-29708	78	7	table	table	NOUN
fbem-29708	78	8	4	4	NUM
fbem-29708	78	9	,	,	PUNCT
fbem-29708	78	10	ananum2	ananum2	PROPN
fbem-29708	78	11	t	t	PROPN
fbem-29708	78	12	is	be	AUX
fbem-29708	78	13	the	the	DET
fbem-29708	78	14	replacement	replacement	NOUN
fbem-29708	78	15	indicator	indicator	NOUN
fbem-29708	78	16	,	,	PUNCT
fbem-29708	78	17	and	and	CCONJ
fbem-29708	78	18	it	it	PRON
fbem-29708	78	19	can	can	AUX
fbem-29708	78	20	be	be	AUX
fbem-29708	78	21	seen	see	VERB
fbem-29708	78	22	from	from	ADP
fbem-29708	78	23	table	table	NOUN
fbem-29708	78	24	4	4	NUM
fbem-29708	78	25	that	that	PRON
fbem-29708	78	26	the	the	DET
fbem-29708	78	27	stock	stock	NOUN
fbem-29708	78	28	price	price	NOUN
fbem-29708	78	29	crash	crash	NOUN
fbem-29708	78	30	risk	risk	NOUN
fbem-29708	78	31	indicator	indicator	NOUN
fbem-29708	78	32	is	be	AUX
fbem-29708	78	33	still	still	ADV
fbem-29708	78	34	significant	significant	ADJ
fbem-29708	78	35	at	at	ADP
fbem-29708	78	36	the	the	DET
fbem-29708	78	37	level	level	NOUN
fbem-29708	78	38	of	of	ADP
fbem-29708	78	39	1	1	NUM
fbem-29708	78	40	%	%	NOUN
fbem-29708	78	41	after	after	ADP
fbem-29708	78	42	the	the	DET
fbem-29708	78	43	explanatory	explanatory	ADJ
fbem-29708	78	44	variable	variable	ADJ
fbem-29708	78	45	substitution	substitution	NOUN
fbem-29708	78	46	.	.	PUNCT
fbem-29708	79	1	212	212	NUM
fbem-29708	79	2	table	table	NOUN
fbem-29708	79	3	4	4	NUM
fbem-29708	79	4	.	.	PUNCT
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fbem-29708	79	6	test1	test1	PROPN
fbem-29708	79	7	(	(	PUNCT
fbem-29708	79	8	1	1	NUM
fbem-29708	79	9	)	)	PUNCT
fbem-29708	79	10	(	(	PUNCT
fbem-29708	79	11	2	2	NUM
fbem-29708	79	12	)	)	PUNCT
fbem-29708	79	13	(	(	PUNCT
fbem-29708	79	14	3	3	X
fbem-29708	79	15	)	)	PUNCT
fbem-29708	79	16	(	(	PUNCT
fbem-29708	79	17	4	4	NUM
fbem-29708	79	18	)	)	PUNCT
fbem-29708	79	19	(	(	PUNCT
fbem-29708	79	20	5	5	NUM
fbem-29708	79	21	)	)	PUNCT
fbem-29708	79	22	(	(	PUNCT
fbem-29708	79	23	6	6	NUM
fbem-29708	79	24	)	)	PUNCT
fbem-29708	79	25	nskewt+1	nskewt+1	PROPN
fbem-29708	79	26	nskewt+1	nskewt+1	PROPN
fbem-29708	79	27	duvolt+1	duvolt+1	PROPN
fbem-29708	79	28	duvolt+1	duvolt+1	PROPN
fbem-29708	80	1	countt+1	countt+1	PROPN
fbem-29708	80	2	countt+1	countt+1	PROPN
fbem-29708	80	3	ananum2	ananum2	PROPN
fbem-29708	80	4	t	t	PROPN
fbem-29708	80	5	0.009	0.009	NUM
fbem-29708	80	6	*	*	PUNCT
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fbem-29708	81	1	*	*	NOUN
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fbem-29708	81	3	*	*	PUNCT
fbem-29708	81	4	*	*	PUNCT
fbem-29708	81	5	*	*	PUNCT
fbem-29708	81	6	0.003	0.003	NUM
fbem-29708	81	7	*	*	PUNCT
fbem-29708	81	8	*	*	PUNCT
fbem-29708	81	9	*	*	PUNCT
fbem-29708	81	10	0.003	0.003	NUM
fbem-29708	81	11	*	*	PUNCT
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fbem-29708	81	15	*	*	PUNCT
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fbem-29708	81	19	*	*	PUNCT
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fbem-29708	81	22	(	(	PUNCT
fbem-29708	81	23	16.33	16.33	NUM
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fbem-29708	81	25	(	(	PUNCT
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fbem-29708	81	27	)	)	PUNCT
fbem-29708	81	28	(	(	PUNCT
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fbem-29708	81	30	)	)	PUNCT
fbem-29708	81	31	(	(	PUNCT
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fbem-29708	81	33	)	)	PUNCT
fbem-29708	81	34	(	(	PUNCT
fbem-29708	81	35	11.84	11.84	NUM
fbem-29708	81	36	)	)	PUNCT
fbem-29708	81	37	(	(	PUNCT
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fbem-29708	81	39	)	)	PUNCT
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fbem-29708	81	44	(	(	PUNCT
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fbem-29708	81	46	)	)	PUNCT
fbem-29708	81	47	(	(	PUNCT
fbem-29708	81	48	-0.81	-0.81	NOUN
fbem-29708	81	49	)	)	PUNCT
fbem-29708	81	50	(	(	PUNCT
fbem-29708	81	51	1.13	1.13	NUM
fbem-29708	81	52	)	)	PUNCT
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fbem-29708	84	14	(	(	PUNCT
fbem-29708	84	15	-8.41	-8.41	NOUN
fbem-29708	84	16	)	)	PUNCT
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fbem-29708	85	1	*	*	PUNCT
fbem-29708	85	2	*	*	PUNCT
fbem-29708	85	3	*	*	PUNCT
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fbem-29708	86	2	*	*	PUNCT
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fbem-29708	86	4	*	*	PUNCT
fbem-29708	87	1	-0.294	-0.294	NOUN
fbem-29708	87	2	*	*	PUNCT
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fbem-29708	87	5	(	(	PUNCT
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fbem-29708	87	7	)	)	PUNCT
fbem-29708	87	8	(	(	PUNCT
fbem-29708	87	9	-3.52	-3.52	NOUN
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fbem-29708	87	13	)	)	PUNCT
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fbem-29708	87	17	*	*	PUNCT
fbem-29708	87	18	*	*	PUNCT
fbem-29708	87	19	0.010	0.010	NUM
fbem-29708	87	20	*	*	PUNCT
fbem-29708	87	21	*	*	PUNCT
fbem-29708	87	22	*	*	PUNCT
fbem-29708	88	1	0.015	0.015	NUM
fbem-29708	88	2	*	*	PUNCT
fbem-29708	88	3	*	*	PUNCT
fbem-29708	88	4	*	*	PUNCT
fbem-29708	88	5	(	(	PUNCT
fbem-29708	88	6	4.99	4.99	NUM
fbem-29708	88	7	)	)	PUNCT
fbem-29708	88	8	(	(	PUNCT
fbem-29708	88	9	4.29	4.29	NUM
fbem-29708	88	10	)	)	PUNCT
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fbem-29708	88	23	-1.40	-1.40	NOUN
fbem-29708	88	24	)	)	PUNCT
fbem-29708	88	25	(	(	PUNCT
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fbem-29708	88	27	)	)	PUNCT
fbem-29708	88	28	(	(	PUNCT
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fbem-29708	88	30	)	)	PUNCT
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fbem-29708	88	35	*	*	PUNCT
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fbem-29708	88	37	*	*	PUNCT
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fbem-29708	88	39	*	*	PUNCT
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fbem-29708	88	41	*	*	PUNCT
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fbem-29708	88	43	*	*	PUNCT
fbem-29708	88	44	(	(	PUNCT
fbem-29708	88	45	4.74	4.74	NUM
fbem-29708	88	46	)	)	PUNCT
fbem-29708	88	47	(	(	PUNCT
fbem-29708	88	48	4.12	4.12	NUM
fbem-29708	88	49	)	)	PUNCT
fbem-29708	88	50	(	(	PUNCT
fbem-29708	88	51	2.92	2.92	NUM
fbem-29708	88	52	)	)	PUNCT
fbem-29708	88	53	epst	epst	VERB
fbem-29708	88	54	0.063	0.063	NUM
fbem-29708	88	55	*	*	NOUN
fbem-29708	88	56	*	*	PUNCT
fbem-29708	88	57	*	*	PUNCT
fbem-29708	88	58	0.016	0.016	NUM
fbem-29708	88	59	*	*	X
fbem-29708	88	60	*	*	X
fbem-29708	88	61	0.036	0.036	NUM
fbem-29708	88	62	*	*	PUNCT
fbem-29708	88	63	*	*	PUNCT
fbem-29708	88	64	*	*	PUNCT
fbem-29708	88	65	(	(	PUNCT
fbem-29708	88	66	3.96	3.96	NUM
fbem-29708	88	67	)	)	PUNCT
fbem-29708	88	68	(	(	PUNCT
fbem-29708	88	69	2.34	2.34	NUM
fbem-29708	88	70	)	)	PUNCT
fbem-29708	88	71	(	(	PUNCT
fbem-29708	88	72	2.95	2.95	NUM
fbem-29708	88	73	)	)	PUNCT
fbem-29708	88	74	seprtt	seprtt	NOUN
fbem-29708	88	75	-0.000	-0.000	PUNCT
fbem-29708	88	76	-0.000	-0.000	PROPN
fbem-29708	88	77	-0.000	-0.000	PUNCT
fbem-29708	88	78	(	(	PUNCT
fbem-29708	88	79	-0.64	-0.64	NOUN
fbem-29708	88	80	)	)	PUNCT
fbem-29708	88	81	(	(	PUNCT
fbem-29708	88	82	-0.07	-0.07	NUM
fbem-29708	88	83	)	)	PUNCT
fbem-29708	88	84	(	(	PUNCT
fbem-29708	88	85	-0.70	-0.70	NOUN
fbem-29708	88	86	)	)	PUNCT
fbem-29708	88	87	nskewt	nskewt	VERB
fbem-29708	88	88	0.032	0.032	NUM
fbem-29708	88	89	*	*	PUNCT
fbem-29708	88	90	*	*	PUNCT
fbem-29708	88	91	*	*	PUNCT
fbem-29708	88	92	0.014	0.014	NUM
fbem-29708	88	93	*	*	PUNCT
fbem-29708	88	94	*	*	PUNCT
fbem-29708	88	95	*	*	PUNCT
fbem-29708	88	96	0.017	0.017	NUM
fbem-29708	88	97	*	*	PUNCT
fbem-29708	88	98	*	*	PUNCT
fbem-29708	88	99	*	*	PUNCT
fbem-29708	88	100	(	(	PUNCT
fbem-29708	88	101	4.79	4.79	NUM
fbem-29708	88	102	)	)	PUNCT
fbem-29708	88	103	(	(	PUNCT
fbem-29708	88	104	4.95	4.95	NUM
fbem-29708	88	105	)	)	PUNCT
fbem-29708	88	106	(	(	PUNCT
fbem-29708	88	107	3.18	3.18	NUM
fbem-29708	88	108	)	)	PUNCT
fbem-29708	88	109	sigmat	sigmat	NOUN
fbem-29708	88	110	0.381	0.381	NUM
fbem-29708	88	111	0.870	0.870	NUM
fbem-29708	88	112	*	*	PUNCT
fbem-29708	88	113	3.845	3.845	NUM
fbem-29708	88	114	*	*	PUNCT
fbem-29708	88	115	*	*	PUNCT
fbem-29708	88	116	*	*	PUNCT
fbem-29708	88	117	(	(	PUNCT
fbem-29708	88	118	0.33	0.33	NUM
fbem-29708	88	119	)	)	PUNCT
fbem-29708	88	120	(	(	PUNCT
fbem-29708	88	121	1.77	1.77	NUM
fbem-29708	88	122	)	)	PUNCT
fbem-29708	88	123	(	(	PUNCT
fbem-29708	88	124	4.61	4.61	NUM
fbem-29708	88	125	)	)	PUNCT
fbem-29708	88	126	rett	rett	NOUN
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fbem-29708	88	128	*	*	PUNCT
fbem-29708	88	129	*	*	PUNCT
fbem-29708	88	130	*	*	PUNCT
fbem-29708	88	131	0.772	0.772	NUM
fbem-29708	88	132	*	*	PUNCT
fbem-29708	88	133	*	*	PUNCT
fbem-29708	88	134	*	*	PUNCT
fbem-29708	88	135	1.313	1.313	NUM
fbem-29708	88	136	*	*	PUNCT
fbem-29708	88	137	*	*	PUNCT
fbem-29708	88	138	*	*	PUNCT
fbem-29708	88	139	(	(	PUNCT
fbem-29708	88	140	11.17	11.17	NUM
fbem-29708	88	141	)	)	PUNCT
fbem-29708	88	142	(	(	PUNCT
fbem-29708	88	143	9.65	9.65	NUM
fbem-29708	88	144	)	)	PUNCT
fbem-29708	88	145	(	(	PUNCT
fbem-29708	88	146	9.49	9.49	NUM
fbem-29708	88	147	)	)	PUNCT
fbem-29708	88	148	constant	constant	ADJ
fbem-29708	88	149	-0.541	-0.541	PUNCT
fbem-29708	88	150	*	*	PUNCT
fbem-29708	88	151	*	*	PUNCT
fbem-29708	88	152	*	*	PUNCT
fbem-29708	88	153	1.316	1.316	NUM
fbem-29708	88	154	*	*	PUNCT
fbem-29708	88	155	*	*	PUNCT
fbem-29708	88	156	*	*	PUNCT
fbem-29708	88	157	0.806	0.806	PUNCT
fbem-29708	88	158	*	*	PUNCT
fbem-29708	88	159	*	*	PUNCT
fbem-29708	88	160	*	*	PUNCT
fbem-29708	88	161	1.389	1.389	NUM
fbem-29708	88	162	*	*	PUNCT
fbem-29708	88	163	*	*	PUNCT
fbem-29708	88	164	*	*	PUNCT
fbem-29708	88	165	-0.179	-0.179	NOUN
fbem-29708	88	166	*	*	PUNCT
fbem-29708	88	167	*	*	PUNCT
fbem-29708	88	168	*	*	PUNCT
fbem-29708	88	169	0.589	0.589	NUM
fbem-29708	88	170	*	*	PUNCT
fbem-29708	88	171	*	*	PUNCT
fbem-29708	88	172	*	*	PUNCT
fbem-29708	88	173	(	(	PUNCT
fbem-29708	88	174	-86.30	-86.30	PROPN
fbem-29708	88	175	)	)	PUNCT
fbem-29708	88	176	(	(	PUNCT
fbem-29708	88	177	9.43	9.43	NUM
fbem-29708	88	178	)	)	PUNCT
fbem-29708	88	179	(	(	PUNCT
fbem-29708	88	180	320.48	320.48	NUM
fbem-29708	88	181	)	)	PUNCT
fbem-29708	88	182	(	(	PUNCT
fbem-29708	88	183	22.98	22.98	NUM
fbem-29708	88	184	)	)	PUNCT
fbem-29708	88	185	(	(	PUNCT
fbem-29708	88	186	-39.34	-39.34	PROPN
fbem-29708	88	187	)	)	PUNCT
fbem-29708	88	188	(	(	PUNCT
fbem-29708	88	189	5.64	5.64	NUM
fbem-29708	88	190	)	)	PUNCT
fbem-29708	88	191	observations	observation	NOUN
fbem-29708	88	192	26,768	26,768	NUM
fbem-29708	88	193	26,768	26,768	NUM
fbem-29708	88	194	26,768	26,768	NUM
fbem-29708	88	195	26,768	26,768	NUM
fbem-29708	88	196	26,768	26,768	NUM
fbem-29708	88	197	26,768	26,768	NUM
fbem-29708	88	198	adjr2	adjr2	PROPN
fbem-29708	88	199	0.056	0.056	NUM
fbem-29708	88	200	0.130	0.130	NUM
fbem-29708	88	201	0.059	0.059	NUM
fbem-29708	88	202	0.098	0.098	NUM
fbem-29708	88	203	0.031	0.031	NUM
fbem-29708	88	204	0.049	0.049	NUM
fbem-29708	88	205	industry	industry	NOUN
fbem-29708	88	206	fe	fe	X
fbem-29708	88	207	control	control	PROPN
fbem-29708	88	208	control	control	PROPN
fbem-29708	88	209	control	control	PROPN
fbem-29708	88	210	control	control	PROPN
fbem-29708	88	211	control	control	PROPN
fbem-29708	88	212	control	control	PROPN
fbem-29708	88	213	year	year	PROPN
fbem-29708	88	214	fe	fe	PROPN
fbem-29708	88	215	control	control	PROPN
fbem-29708	88	216	control	control	PROPN
fbem-29708	88	217	control	control	PROPN
fbem-29708	88	218	control	control	PROPN
fbem-29708	88	219	control	control	PROPN
fbem-29708	88	220	control	control	PROPN
fbem-29708	88	221	5.2	5.2	NUM
fbem-29708	88	222	.	.	PUNCT
fbem-29708	89	1	excluded	exclude	VERB
fbem-29708	89	2	fluctuating	fluctuate	VERB
fbem-29708	89	3	years	year	NOUN
fbem-29708	89	4	in	in	ADP
fbem-29708	89	5	order	order	NOUN
fbem-29708	89	6	to	to	PART
fbem-29708	89	7	avoid	avoid	VERB
fbem-29708	89	8	the	the	DET
fbem-29708	89	9	impact	impact	NOUN
fbem-29708	89	10	of	of	ADP
fbem-29708	89	11	stock	stock	NOUN
fbem-29708	89	12	price	price	NOUN
fbem-29708	89	13	fluctuation	fluctuation	NOUN
fbem-29708	89	14	year	year	NOUN
fbem-29708	89	15	data	datum	NOUN
fbem-29708	89	16	on	on	ADP
fbem-29708	89	17	the	the	DET
fbem-29708	89	18	empirical	empirical	ADJ
fbem-29708	89	19	results	result	NOUN
fbem-29708	89	20	of	of	ADP
fbem-29708	89	21	this	this	DET
fbem-29708	89	22	paper	paper	NOUN
fbem-29708	89	23	,	,	PUNCT
fbem-29708	89	24	the	the	DET
fbem-29708	89	25	data	datum	NOUN
fbem-29708	89	26	of	of	ADP
fbem-29708	89	27	2008	2008	NUM
fbem-29708	89	28	,	,	PUNCT
fbem-29708	89	29	2009	2009	NUM
fbem-29708	89	30	,	,	PUNCT
fbem-29708	89	31	2015	2015	NUM
fbem-29708	89	32	and	and	CCONJ
fbem-29708	89	33	2016	2016	NUM
fbem-29708	89	34	are	be	AUX
fbem-29708	89	35	excluded	exclude	VERB
fbem-29708	89	36	in	in	ADP
fbem-29708	89	37	this	this	DET
fbem-29708	89	38	paper	paper	NOUN
fbem-29708	89	39	,	,	PUNCT
fbem-29708	89	40	and	and	CCONJ
fbem-29708	89	41	the	the	DET
fbem-29708	89	42	regression	regression	NOUN
fbem-29708	89	43	results	result	NOUN
fbem-29708	89	44	are	be	AUX
fbem-29708	89	45	shown	show	VERB
fbem-29708	89	46	in	in	ADP
fbem-29708	89	47	table	table	NOUN
fbem-29708	89	48	5	5	NUM
fbem-29708	89	49	.	.	PUNCT
fbem-29708	89	50	table	table	NOUN
fbem-29708	89	51	5	5	NUM
fbem-29708	89	52	.	.	PUNCT
fbem-29708	90	1	robustness	robustness	NOUN
fbem-29708	90	2	test2	test2	NOUN
fbem-29708	90	3	(	(	PUNCT
fbem-29708	90	4	1	1	NUM
fbem-29708	90	5	)	)	PUNCT
fbem-29708	90	6	(	(	PUNCT
fbem-29708	90	7	2	2	NUM
fbem-29708	90	8	)	)	PUNCT
fbem-29708	90	9	(	(	PUNCT
fbem-29708	90	10	3	3	X
fbem-29708	90	11	)	)	PUNCT
fbem-29708	90	12	nskewt+1	nskewt+1	PROPN
fbem-29708	90	13	duvolt+1	duvolt+1	PROPN
fbem-29708	91	1	countt+1	countt+1	PROPN
fbem-29708	91	2	ananumt	ananumt	VERB
fbem-29708	91	3	0.074	0.074	NUM
fbem-29708	91	4	*	*	PUNCT
fbem-29708	91	5	*	*	PUNCT
fbem-29708	91	6	*	*	PUNCT
fbem-29708	91	7	0.022	0.022	NUM
fbem-29708	91	8	*	*	PUNCT
fbem-29708	91	9	*	*	PUNCT
fbem-29708	91	10	*	*	PUNCT
fbem-29708	91	11	0.042	0.042	NUM
fbem-29708	91	12	*	*	PUNCT
fbem-29708	91	13	*	*	PUNCT
fbem-29708	91	14	*	*	PUNCT
fbem-29708	91	15	(	(	PUNCT
fbem-29708	91	16	11.779	11.779	NUM
fbem-29708	91	17	)	)	PUNCT
fbem-29708	91	18	(	(	PUNCT
fbem-29708	91	19	8.442	8.442	NUM
fbem-29708	91	20	)	)	PUNCT
fbem-29708	91	21	(	(	PUNCT
fbem-29708	91	22	8.69	8.69	NUM
fbem-29708	91	23	)	)	PUNCT
fbem-29708	91	24	levt	levt	NOUN
fbem-29708	91	25	-0.036	-0.036	NOUN
fbem-29708	91	26	-0.031	-0.031	NOUN
fbem-29708	91	27	*	*	NOUN
fbem-29708	91	28	*	*	NOUN
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fbem-29708	91	30	(	(	PUNCT
fbem-29708	91	31	-1.080	-1.080	NOUN
fbem-29708	91	32	)	)	PUNCT
fbem-29708	91	33	(	(	PUNCT
fbem-29708	91	34	-2.188	-2.188	PROPN
fbem-29708	91	35	)	)	PUNCT
fbem-29708	91	36	(	(	PUNCT
fbem-29708	91	37	0.08	0.08	NUM
fbem-29708	91	38	)	)	PUNCT
fbem-29708	91	39	sizet	sizet	NOUN
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fbem-29708	91	41	*	*	PUNCT
fbem-29708	91	42	*	*	PUNCT
fbem-29708	91	43	*	*	PUNCT
fbem-29708	91	44	-0.015	-0.015	PUNCT
fbem-29708	91	45	*	*	PUNCT
fbem-29708	91	46	*	*	PUNCT
fbem-29708	91	47	*	*	PUNCT
fbem-29708	91	48	-0.028	-0.028	ADJ
fbem-29708	91	49	*	*	PUNCT
fbem-29708	91	50	*	*	PUNCT
fbem-29708	91	51	*	*	PUNCT
fbem-29708	91	52	(	(	PUNCT
fbem-29708	91	53	-8.415	-8.415	NOUN
fbem-29708	91	54	)	)	PUNCT
fbem-29708	91	55	(	(	PUNCT
fbem-29708	91	56	-4.948	-4.948	SYM
fbem-29708	91	57	)	)	PUNCT
fbem-29708	91	58	(	(	PUNCT
fbem-29708	91	59	-5.40	-5.40	NOUN
fbem-29708	91	60	)	)	PUNCT
fbem-29708	91	61	roat	roat	NOUN
fbem-29708	91	62	-0.970	-0.970	PUNCT
fbem-29708	91	63	*	*	PUNCT
fbem-29708	91	64	*	*	PUNCT
fbem-29708	91	65	*	*	PUNCT
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fbem-29708	91	67	*	*	PUNCT
fbem-29708	91	68	*	*	PUNCT
fbem-29708	91	69	*	*	PUNCT
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fbem-29708	92	2	*	*	PUNCT
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fbem-29708	92	6	-5.715	-5.715	PROPN
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fbem-29708	92	10	)	)	PUNCT
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fbem-29708	92	13	)	)	PUNCT
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fbem-29708	92	15	0.040	0.040	NUM
fbem-29708	92	16	*	*	PUNCT
fbem-29708	92	17	*	*	PUNCT
fbem-29708	92	18	*	*	PUNCT
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fbem-29708	92	20	*	*	PUNCT
fbem-29708	92	21	*	*	PUNCT
fbem-29708	92	22	*	*	PUNCT
fbem-29708	92	23	0.023	0.023	NUM
fbem-29708	92	24	*	*	PUNCT
fbem-29708	92	25	*	*	PUNCT
fbem-29708	92	26	*	*	PUNCT
fbem-29708	92	27	(	(	PUNCT
fbem-29708	92	28	5.974	5.974	NUM
fbem-29708	92	29	)	)	PUNCT
fbem-29708	92	30	(	(	PUNCT
fbem-29708	92	31	4.937	4.937	NUM
fbem-29708	92	32	)	)	PUNCT
fbem-29708	92	33	(	(	PUNCT
fbem-29708	92	34	4.46	4.46	NUM
fbem-29708	92	35	)	)	PUNCT
fbem-29708	92	36	dturnt	dturnt	VERB
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fbem-29708	92	38	-0.014	-0.014	NOUN
fbem-29708	92	39	*	*	PUNCT
fbem-29708	92	40	*	*	PUNCT
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fbem-29708	92	42	(	(	PUNCT
fbem-29708	92	43	-0.347	-0.347	NUM
fbem-29708	92	44	)	)	PUNCT
fbem-29708	92	45	(	(	PUNCT
fbem-29708	92	46	-2.367	-2.367	NUM
fbem-29708	92	47	)	)	PUNCT
fbem-29708	92	48	(	(	PUNCT
fbem-29708	92	49	-1.02	-1.02	X
fbem-29708	92	50	)	)	PUNCT
fbem-29708	92	51	abacct	abacct	VERB
fbem-29708	92	52	0.307	0.307	NUM
fbem-29708	92	53	*	*	PUNCT
fbem-29708	92	54	*	*	PUNCT
fbem-29708	92	55	*	*	PUNCT
fbem-29708	92	56	0.108	0.108	NUM
fbem-29708	92	57	*	*	PUNCT
fbem-29708	92	58	*	*	PUNCT
fbem-29708	92	59	*	*	PUNCT
fbem-29708	92	60	0.163	0.163	NUM
fbem-29708	92	61	*	*	PUNCT
fbem-29708	92	62	*	*	PUNCT
fbem-29708	92	63	*	*	PUNCT
fbem-29708	92	64	(	(	PUNCT
fbem-29708	92	65	4.254	4.254	NUM
fbem-29708	92	66	)	)	PUNCT
fbem-29708	92	67	(	(	PUNCT
fbem-29708	92	68	3.548	3.548	NUM
fbem-29708	92	69	)	)	PUNCT
fbem-29708	92	70	(	(	PUNCT
fbem-29708	92	71	2.72	2.72	NUM
fbem-29708	92	72	)	)	PUNCT
fbem-29708	92	73	epst	epst	VERB
fbem-29708	92	74	0.081	0.081	NUM
fbem-29708	92	75	*	*	PUNCT
fbem-29708	92	76	*	*	PUNCT
fbem-29708	92	77	*	*	PUNCT
fbem-29708	92	78	0.019	0.019	NUM
fbem-29708	92	79	*	*	PUNCT
fbem-29708	92	80	*	*	PUNCT
fbem-29708	92	81	0.055	0.055	NUM
fbem-29708	92	82	*	*	PUNCT
fbem-29708	92	83	*	*	PUNCT
fbem-29708	92	84	*	*	PUNCT
fbem-29708	92	85	(	(	PUNCT
fbem-29708	92	86	4.402	4.402	NUM
fbem-29708	92	87	)	)	PUNCT
fbem-29708	92	88	(	(	PUNCT
fbem-29708	92	89	2.389	2.389	NUM
fbem-29708	92	90	)	)	PUNCT
fbem-29708	92	91	(	(	PUNCT
fbem-29708	92	92	3.91	3.91	NUM
fbem-29708	92	93	)	)	PUNCT
fbem-29708	92	94	seprtt	seprtt	NOUN
fbem-29708	92	95	-0.000	-0.000	PUNCT
fbem-29708	92	96	0.000	0.000	NUM
fbem-29708	92	97	-0.000	-0.000	PRON
fbem-29708	92	98	(	(	PUNCT
fbem-29708	92	99	-0.178	-0.178	ADV
fbem-29708	92	100	)	)	PUNCT
fbem-29708	92	101	(	(	PUNCT
fbem-29708	92	102	0.584	0.584	NUM
fbem-29708	92	103	)	)	PUNCT
fbem-29708	92	104	(	(	PUNCT
fbem-29708	92	105	-0.75	-0.75	NOUN
fbem-29708	92	106	)	)	PUNCT
fbem-29708	92	107	nskewt	nskewt	VERB
fbem-29708	92	108	0.032	0.032	NUM
fbem-29708	92	109	*	*	PUNCT
fbem-29708	92	110	*	*	PUNCT
fbem-29708	92	111	*	*	PUNCT
fbem-29708	92	112	0.013	0.013	NUM
fbem-29708	92	113	*	*	PUNCT
fbem-29708	92	114	*	*	PUNCT
fbem-29708	92	115	*	*	PUNCT
fbem-29708	92	116	0.014	0.014	NUM
fbem-29708	92	117	*	*	X
fbem-29708	92	118	*	*	PUNCT
fbem-29708	92	119	(	(	PUNCT
fbem-29708	92	120	4.288	4.288	NUM
fbem-29708	92	121	)	)	PUNCT
fbem-29708	92	122	(	(	PUNCT
fbem-29708	92	123	4.135	4.135	NUM
fbem-29708	92	124	)	)	PUNCT
fbem-29708	92	125	(	(	PUNCT
fbem-29708	92	126	2.38	2.38	NUM
fbem-29708	92	127	)	)	PUNCT
fbem-29708	92	128	sigmat	sigmat	NOUN
fbem-29708	92	129	-0.321	-0.321	PUNCT
fbem-29708	92	130	1.432	1.432	NUM
fbem-29708	92	131	*	*	PUNCT
fbem-29708	92	132	*	*	PUNCT
fbem-29708	93	1	3.209	3.209	NUM
fbem-29708	93	2	*	*	PUNCT
fbem-29708	93	3	*	*	PUNCT
fbem-29708	93	4	*	*	PUNCT
fbem-29708	93	5	(	(	PUNCT
fbem-29708	93	6	-0.247	-0.247	X
fbem-29708	93	7	)	)	PUNCT
fbem-29708	93	8	(	(	PUNCT
fbem-29708	93	9	2.547	2.547	NUM
fbem-29708	93	10	)	)	PUNCT
fbem-29708	93	11	(	(	PUNCT
fbem-29708	93	12	3.38	3.38	NUM
fbem-29708	93	13	)	)	PUNCT
fbem-29708	93	14	rett	rett	NOUN
fbem-29708	93	15	1.972	1.972	NUM
fbem-29708	93	16	*	*	PUNCT
fbem-29708	93	17	*	*	PUNCT
fbem-29708	93	18	*	*	PUNCT
fbem-29708	93	19	0.789	0.789	NUM
fbem-29708	93	20	*	*	PUNCT
fbem-29708	93	21	*	*	PUNCT
fbem-29708	93	22	*	*	PUNCT
fbem-29708	93	23	1.147	1.147	NUM
fbem-29708	93	24	*	*	PUNCT
fbem-29708	93	25	*	*	PUNCT
fbem-29708	93	26	*	*	PUNCT
fbem-29708	93	27	(	(	PUNCT
fbem-29708	93	28	9.166	9.166	NUM
fbem-29708	93	29	)	)	PUNCT
fbem-29708	93	30	(	(	PUNCT
fbem-29708	93	31	9.184	9.184	NUM
fbem-29708	93	32	)	)	PUNCT
fbem-29708	93	33	(	(	PUNCT
fbem-29708	93	34	7.51	7.51	NUM
fbem-29708	93	35	)	)	PUNCT
fbem-29708	93	36	constant	constant	ADJ
fbem-29708	93	37	0.963	0.963	NUM
fbem-29708	93	38	*	*	PUNCT
fbem-29708	93	39	*	*	PUNCT
fbem-29708	93	40	*	*	PUNCT
fbem-29708	93	41	1.147	1.147	NUM
fbem-29708	93	42	*	*	PUNCT
fbem-29708	93	43	*	*	PUNCT
fbem-29708	93	44	*	*	PUNCT
fbem-29708	93	45	0.379	0.379	NUM
fbem-29708	93	46	*	*	PUNCT
fbem-29708	93	47	*	*	PUNCT
fbem-29708	93	48	*	*	PUNCT
fbem-29708	93	49	(	(	PUNCT
fbem-29708	93	50	5.910	5.910	NUM
fbem-29708	93	51	)	)	PUNCT
fbem-29708	93	52	(	(	PUNCT
fbem-29708	93	53	16.354	16.354	NUM
fbem-29708	93	54	)	)	PUNCT
fbem-29708	93	55	(	(	PUNCT
fbem-29708	93	56	3.15	3.15	NUM
fbem-29708	93	57	)	)	PUNCT
fbem-29708	93	58	observations	observation	NOUN
fbem-29708	93	59	19,760	19,760	NUM
fbem-29708	93	60	19,760	19,760	NUM
fbem-29708	93	61	19,760	19,760	NUM
fbem-29708	93	62	adjusted	adjusted	ADJ
fbem-29708	93	63	r	r	NOUN
fbem-29708	93	64	-	-	PUNCT
fbem-29708	93	65	squared	square	VERB
fbem-29708	93	66	0.115	0.115	NUM
fbem-29708	93	67	0.075	0.075	NUM
fbem-29708	93	68	0.042	0.042	NUM
fbem-29708	93	69	industry	industry	NOUN
fbem-29708	93	70	fe	fe	X
fbem-29708	93	71	control	control	PROPN
fbem-29708	93	72	control	control	PROPN
fbem-29708	93	73	control	control	PROPN
fbem-29708	93	74	year	year	PROPN
fbem-29708	93	75	fe	fe	PROPN
fbem-29708	93	76	control	control	PROPN
fbem-29708	93	77	control	control	PROPN
fbem-29708	93	78	control	control	PROPN
fbem-29708	93	79	213	213	NUM
fbem-29708	93	80	5.3	5.3	NUM
fbem-29708	93	81	.	.	PUNCT
fbem-29708	94	1	firm	firm	ADJ
fbem-29708	94	2	fixed	fix	VERB
fbem-29708	94	3	effects	effect	NOUN
fbem-29708	94	4	and	and	CCONJ
fbem-29708	94	5	high	high	ADV
fbem-29708	94	6	-	-	PUNCT
fbem-29708	94	7	dimensional	dimensional	ADJ
fbem-29708	94	8	fixed	fix	VERB
fbem-29708	94	9	effects	effect	NOUN
fbem-29708	94	10	in	in	ADP
fbem-29708	94	11	order	order	NOUN
fbem-29708	94	12	to	to	PART
fbem-29708	94	13	eliminate	eliminate	VERB
fbem-29708	94	14	individual	individual	ADJ
fbem-29708	94	15	differences	difference	NOUN
fbem-29708	94	16	,	,	PUNCT
fbem-29708	94	17	improve	improve	VERB
fbem-29708	94	18	the	the	DET
fbem-29708	94	19	explanatory	explanatory	ADJ
fbem-29708	94	20	power	power	NOUN
fbem-29708	94	21	of	of	ADP
fbem-29708	94	22	the	the	DET
fbem-29708	94	23	model	model	NOUN
fbem-29708	94	24	,	,	PUNCT
fbem-29708	94	25	reduce	reduce	VERB
fbem-29708	94	26	the	the	DET
fbem-29708	94	27	endogeneity	endogeneity	NOUN
fbem-29708	94	28	problem	problem	NOUN
fbem-29708	94	29	of	of	ADP
fbem-29708	94	30	this	this	DET
fbem-29708	94	31	paper	paper	NOUN
fbem-29708	94	32	,	,	PUNCT
fbem-29708	94	33	and	and	CCONJ
fbem-29708	94	34	improve	improve	VERB
fbem-29708	94	35	the	the	DET
fbem-29708	94	36	accuracy	accuracy	NOUN
fbem-29708	94	37	and	and	CCONJ
fbem-29708	94	38	reliability	reliability	NOUN
fbem-29708	94	39	of	of	ADP
fbem-29708	94	40	the	the	DET
fbem-29708	94	41	model	model	NOUN
fbem-29708	94	42	estimation	estimation	NOUN
fbem-29708	94	43	in	in	ADP
fbem-29708	94	44	this	this	DET
fbem-29708	94	45	paper	paper	NOUN
fbem-29708	94	46	,	,	PUNCT
fbem-29708	94	47	the	the	DET
fbem-29708	94	48	firm	firm	ADJ
fbem-29708	94	49	fixed	fix	VERB
fbem-29708	94	50	effect	effect	NOUN
fbem-29708	94	51	and	and	CCONJ
fbem-29708	94	52	the	the	DET
fbem-29708	94	53	high	high	ADJ
fbem-29708	94	54	latitude	latitude	NOUN
fbem-29708	94	55	fixed	fix	VERB
fbem-29708	94	56	effect	effect	NOUN
fbem-29708	94	57	are	be	AUX
fbem-29708	94	58	added	add	VERB
fbem-29708	94	59	in	in	ADP
fbem-29708	94	60	this	this	DET
fbem-29708	94	61	paper	paper	NOUN
fbem-29708	94	62	,	,	PUNCT
fbem-29708	94	63	and	and	CCONJ
fbem-29708	94	64	the	the	DET
fbem-29708	94	65	results	result	NOUN
fbem-29708	94	66	are	be	AUX
fbem-29708	94	67	shown	show	VERB
fbem-29708	94	68	in	in	ADP
fbem-29708	94	69	table	table	NOUN
fbem-29708	94	70	6	6	NUM
fbem-29708	94	71	.	.	PUNCT
fbem-29708	95	1	columns	column	NOUN
fbem-29708	95	2	(	(	PUNCT
fbem-29708	95	3	1	1	NUM
fbem-29708	95	4	)	)	PUNCT
fbem-29708	95	5	,	,	PUNCT
fbem-29708	95	6	(	(	PUNCT
fbem-29708	95	7	2	2	NUM
fbem-29708	95	8	)	)	PUNCT
fbem-29708	95	9	,	,	PUNCT
fbem-29708	95	10	and	and	CCONJ
fbem-29708	95	11	(	(	PUNCT
fbem-29708	95	12	3	3	X
fbem-29708	95	13	)	)	PUNCT
fbem-29708	95	14	added	add	VERB
fbem-29708	95	15	the	the	DET
fbem-29708	95	16	annual	annual	ADJ
fbem-29708	95	17	and	and	CCONJ
fbem-29708	95	18	individual	individual	ADJ
fbem-29708	95	19	fixed	fix	VERB
fbem-29708	95	20	effects	effect	NOUN
fbem-29708	95	21	,	,	PUNCT
fbem-29708	95	22	with	with	ADP
fbem-29708	95	23	coefficients	coefficient	NOUN
fbem-29708	95	24	of	of	ADP
fbem-29708	95	25	0.034	0.034	NUM
fbem-29708	95	26	,	,	PUNCT
fbem-29708	95	27	0.011	0.011	NUM
fbem-29708	95	28	,	,	PUNCT
fbem-29708	95	29	and	and	CCONJ
fbem-29708	95	30	0.019	0.019	NUM
fbem-29708	95	31	,	,	PUNCT
fbem-29708	95	32	respectively	respectively	ADV
fbem-29708	95	33	,	,	PUNCT
fbem-29708	95	34	and	and	CCONJ
fbem-29708	95	35	were	be	AUX
fbem-29708	95	36	significant	significant	ADJ
fbem-29708	95	37	at	at	ADP
fbem-29708	95	38	the	the	DET
fbem-29708	95	39	1	1	NUM
fbem-29708	95	40	%	%	NOUN
fbem-29708	95	41	level	level	NOUN
fbem-29708	95	42	,	,	PUNCT
fbem-29708	95	43	columns	column	NOUN
fbem-29708	95	44	(	(	PUNCT
fbem-29708	95	45	4	4	NUM
fbem-29708	95	46	)	)	PUNCT
fbem-29708	95	47	,	,	PUNCT
fbem-29708	95	48	5	5	NUM
fbem-29708	95	49	,	,	PUNCT
fbem-29708	95	50	and	and	CCONJ
fbem-29708	95	51	6	6	NUM
fbem-29708	95	52	add	add	VERB
fbem-29708	95	53	the	the	DET
fbem-29708	95	54	high	high	ADJ
fbem-29708	95	55	latitude	latitude	NOUN
fbem-29708	95	56	fixed	fix	VERB
fbem-29708	95	57	effect	effect	NOUN
fbem-29708	95	58	and	and	CCONJ
fbem-29708	95	59	firm	firm	ADJ
fbem-29708	95	60	fixed	fix	VERB
fbem-29708	95	61	effect	effect	NOUN
fbem-29708	95	62	,	,	PUNCT
fbem-29708	95	63	and	and	CCONJ
fbem-29708	95	64	the	the	DET
fbem-29708	95	65	stock	stock	NOUN
fbem-29708	95	66	price	price	NOUN
fbem-29708	95	67	crash	crash	NOUN
fbem-29708	95	68	risk	risk	NOUN
fbem-29708	95	69	index	index	NOUN
fbem-29708	95	70	coefficients	coefficient	NOUN
fbem-29708	95	71	are	be	AUX
fbem-29708	95	72	0.036	0.036	NUM
fbem-29708	95	73	,	,	PUNCT
fbem-29708	95	74	0.012	0.012	NUM
fbem-29708	95	75	and	and	CCONJ
fbem-29708	95	76	0.020	0.020	NUM
fbem-29708	95	77	,	,	PUNCT
fbem-29708	95	78	respectively	respectively	ADV
fbem-29708	95	79	,	,	PUNCT
fbem-29708	95	80	which	which	PRON
fbem-29708	95	81	are	be	AUX
fbem-29708	95	82	still	still	ADV
fbem-29708	95	83	significant	significant	ADJ
fbem-29708	95	84	at	at	ADP
fbem-29708	95	85	the	the	DET
fbem-29708	95	86	level	level	NOUN
fbem-29708	95	87	of	of	ADP
fbem-29708	95	88	1	1	NUM
fbem-29708	95	89	%	%	NOUN
fbem-29708	95	90	.	.	PUNCT
fbem-29708	96	1	table	table	NOUN
fbem-29708	96	2	6	6	NUM
fbem-29708	96	3	.	.	PUNCT
fbem-29708	97	1	robustness	robustness	NOUN
fbem-29708	97	2	test3	test3	PROPN
fbem-29708	97	3	(	(	PUNCT
fbem-29708	97	4	1	1	X
fbem-29708	97	5	)	)	PUNCT
fbem-29708	97	6	(	(	PUNCT
fbem-29708	97	7	2	2	NUM
fbem-29708	97	8	)	)	PUNCT
fbem-29708	97	9	(	(	PUNCT
fbem-29708	97	10	3	3	X
fbem-29708	97	11	)	)	PUNCT
fbem-29708	97	12	(	(	PUNCT
fbem-29708	97	13	4	4	NUM
fbem-29708	97	14	)	)	PUNCT
fbem-29708	97	15	(	(	PUNCT
fbem-29708	97	16	5	5	NUM
fbem-29708	97	17	)	)	PUNCT
fbem-29708	97	18	(	(	PUNCT
fbem-29708	97	19	6	6	NUM
fbem-29708	97	20	)	)	PUNCT
fbem-29708	97	21	nskewt+1	nskewt+1	PROPN
fbem-29708	97	22	duvolt+1	duvolt+1	PROPN
fbem-29708	98	1	countt+1	countt+1	PROPN
fbem-29708	98	2	nskewt+1	nskewt+1	PROPN
fbem-29708	98	3	duvolt+1	duvolt+1	PROPN
fbem-29708	98	4	countt+1	countt+1	PROPN
fbem-29708	98	5	ananumt	ananumt	VERB
fbem-29708	98	6	0.034	0.034	NUM
fbem-29708	98	7	*	*	PUNCT
fbem-29708	98	8	*	*	PUNCT
fbem-29708	98	9	*	*	PUNCT
fbem-29708	98	10	0.011	0.011	NUM
fbem-29708	98	11	*	*	PUNCT
fbem-29708	98	12	*	*	PUNCT
fbem-29708	98	13	*	*	PUNCT
fbem-29708	98	14	0.019	0.019	NUM
fbem-29708	98	15	*	*	PUNCT
fbem-29708	98	16	*	*	PUNCT
fbem-29708	98	17	*	*	PUNCT
fbem-29708	98	18	0.036	0.036	NUM
fbem-29708	98	19	*	*	PUNCT
fbem-29708	98	20	*	*	PUNCT
fbem-29708	98	21	*	*	PUNCT
fbem-29708	98	22	0.012	0.012	NUM
fbem-29708	98	23	*	*	PUNCT
fbem-29708	98	24	*	*	PUNCT
fbem-29708	98	25	*	*	PUNCT
fbem-29708	98	26	0.020	0.020	NUM
fbem-29708	98	27	*	*	PUNCT
fbem-29708	98	28	*	*	PUNCT
fbem-29708	98	29	*	*	PUNCT
fbem-29708	98	30	(	(	PUNCT
fbem-29708	98	31	4.43	4.43	NUM
fbem-29708	98	32	)	)	PUNCT
fbem-29708	98	33	(	(	PUNCT
fbem-29708	98	34	3.46	3.46	NUM
fbem-29708	98	35	)	)	PUNCT
fbem-29708	98	36	(	(	PUNCT
fbem-29708	98	37	3.26	3.26	NUM
fbem-29708	98	38	)	)	PUNCT
fbem-29708	98	39	(	(	PUNCT
fbem-29708	98	40	4.60	4.60	NUM
fbem-29708	98	41	)	)	PUNCT
fbem-29708	98	42	(	(	PUNCT
fbem-29708	98	43	3.60	3.60	NUM
fbem-29708	98	44	)	)	PUNCT
fbem-29708	98	45	(	(	PUNCT
fbem-29708	98	46	3.39	3.39	NUM
fbem-29708	98	47	)	)	PUNCT
fbem-29708	98	48	levt	levt	NOUN
fbem-29708	98	49	-0.083	-0.083	NOUN
fbem-29708	98	50	*	*	PROPN
fbem-29708	99	1	-0.041	-0.041	PUNCT
fbem-29708	99	2	*	*	PUNCT
fbem-29708	99	3	-0.032	-0.032	ADP
fbem-29708	99	4	-0.062	-0.062	PRON
fbem-29708	99	5	-0.033	-0.033	PUNCT
fbem-29708	99	6	-0.025	-0.025	PUNCT
fbem-29708	99	7	(	(	PUNCT
fbem-29708	99	8	-1.66	-1.66	NUM
fbem-29708	99	9	)	)	PUNCT
fbem-29708	99	10	(	(	PUNCT
fbem-29708	99	11	-1.95	-1.95	NOUN
fbem-29708	99	12	)	)	PUNCT
fbem-29708	99	13	(	(	PUNCT
fbem-29708	99	14	-0.84	-0.84	NOUN
fbem-29708	99	15	)	)	PUNCT
fbem-29708	99	16	(	(	PUNCT
fbem-29708	99	17	-1.21	-1.21	NOUN
fbem-29708	99	18	)	)	PUNCT
fbem-29708	99	19	(	(	PUNCT
fbem-29708	99	20	-1.53	-1.53	NUM
fbem-29708	99	21	)	)	PUNCT
fbem-29708	99	22	(	(	PUNCT
fbem-29708	99	23	-0.63	-0.63	NOUN
fbem-29708	99	24	)	)	PUNCT
fbem-29708	99	25	sizet	sizet	NOUN
fbem-29708	99	26	0.026	0.026	NUM
fbem-29708	99	27	*	*	NOUN
fbem-29708	99	28	0.018	0.018	NUM
fbem-29708	99	29	*	*	PUNCT
fbem-29708	99	30	*	*	PUNCT
fbem-29708	99	31	*	*	PUNCT
fbem-29708	99	32	0.017	0.017	NUM
fbem-29708	99	33	0.037	0.037	NUM
fbem-29708	99	34	*	*	PUNCT
fbem-29708	99	35	*	*	PUNCT
fbem-29708	99	36	*	*	PUNCT
fbem-29708	99	37	0.023	0.023	NUM
fbem-29708	99	38	*	*	PUNCT
fbem-29708	99	39	*	*	PUNCT
fbem-29708	99	40	*	*	PUNCT
fbem-29708	99	41	0.023	0.023	NUM
fbem-29708	99	42	*	*	X
fbem-29708	99	43	*	*	PUNCT
fbem-29708	99	44	(	(	PUNCT
fbem-29708	99	45	1.92	1.92	NUM
fbem-29708	99	46	)	)	PUNCT
fbem-29708	99	47	(	(	PUNCT
fbem-29708	99	48	3.20	3.20	NUM
fbem-29708	99	49	)	)	PUNCT
fbem-29708	99	50	(	(	PUNCT
fbem-29708	99	51	1.64	1.64	NUM
fbem-29708	99	52	)	)	PUNCT
fbem-29708	99	53	(	(	PUNCT
fbem-29708	99	54	2.65	2.65	NUM
fbem-29708	99	55	)	)	PUNCT
fbem-29708	99	56	(	(	PUNCT
fbem-29708	99	57	3.82	3.82	NUM
fbem-29708	99	58	)	)	PUNCT
fbem-29708	99	59	(	(	PUNCT
fbem-29708	99	60	2.11	2.11	NUM
fbem-29708	99	61	)	)	PUNCT
fbem-29708	99	62	roat	roat	NOUN
fbem-29708	99	63	-0.728	-0.728	NOUN
fbem-29708	99	64	*	*	PUNCT
fbem-29708	100	1	*	*	PUNCT
fbem-29708	100	2	*	*	PUNCT
fbem-29708	100	3	-0.202	-0.202	PUNCT
fbem-29708	100	4	*	*	PUNCT
fbem-29708	100	5	*	*	PUNCT
fbem-29708	100	6	*	*	PUNCT
fbem-29708	100	7	-0.343	-0.343	PUNCT
fbem-29708	100	8	*	*	PUNCT
fbem-29708	100	9	*	*	PUNCT
fbem-29708	100	10	-0.769	-0.769	PUNCT
fbem-29708	100	11	*	*	PUNCT
fbem-29708	100	12	*	*	PUNCT
fbem-29708	100	13	*	*	PUNCT
fbem-29708	100	14	-0.211	-0.211	PUNCT
fbem-29708	100	15	*	*	PUNCT
fbem-29708	100	16	*	*	PUNCT
fbem-29708	100	17	*	*	PUNCT
fbem-29708	100	18	-0.386	-0.386	NOUN
fbem-29708	100	19	*	*	PUNCT
fbem-29708	100	20	*	*	PUNCT
fbem-29708	100	21	*	*	PUNCT
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fbem-29708	100	23	-4.21	-4.21	NUM
fbem-29708	100	24	)	)	PUNCT
fbem-29708	100	25	(	(	PUNCT
fbem-29708	100	26	-2.76	-2.76	NUM
fbem-29708	100	27	)	)	PUNCT
fbem-29708	100	28	(	(	PUNCT
fbem-29708	100	29	-2.51	-2.51	NUM
fbem-29708	100	30	)	)	PUNCT
fbem-29708	100	31	(	(	PUNCT
fbem-29708	100	32	-4.42	-4.42	NUM
fbem-29708	100	33	)	)	PUNCT
fbem-29708	100	34	(	(	PUNCT
fbem-29708	100	35	-2.87	-2.87	PROPN
fbem-29708	100	36	)	)	PUNCT
fbem-29708	100	37	(	(	PUNCT
fbem-29708	100	38	-2.81	-2.81	X
fbem-29708	100	39	)	)	PUNCT
fbem-29708	100	40	mtobt	mtobt	ADP
fbem-29708	100	41	0.063	0.063	NUM
fbem-29708	100	42	*	*	PUNCT
fbem-29708	100	43	*	*	PUNCT
fbem-29708	100	44	*	*	PUNCT
fbem-29708	100	45	0.027	0.027	NUM
fbem-29708	100	46	*	*	PUNCT
fbem-29708	100	47	*	*	PUNCT
fbem-29708	100	48	*	*	PUNCT
fbem-29708	100	49	0.034	0.034	NUM
fbem-29708	100	50	*	*	PUNCT
fbem-29708	100	51	*	*	PUNCT
fbem-29708	100	52	*	*	PUNCT
fbem-29708	100	53	0.062	0.062	NUM
fbem-29708	100	54	*	*	PUNCT
fbem-29708	100	55	*	*	PUNCT
fbem-29708	100	56	*	*	PUNCT
fbem-29708	100	57	0.027	0.027	NUM
fbem-29708	100	58	*	*	PUNCT
fbem-29708	100	59	*	*	PUNCT
fbem-29708	100	60	*	*	PUNCT
fbem-29708	100	61	0.032	0.032	NUM
fbem-29708	100	62	*	*	PUNCT
fbem-29708	100	63	*	*	PUNCT
fbem-29708	100	64	*	*	PUNCT
fbem-29708	100	65	(	(	PUNCT
fbem-29708	100	66	9.10	9.10	NUM
fbem-29708	100	67	)	)	PUNCT
fbem-29708	100	68	(	(	PUNCT
fbem-29708	100	69	8.72	8.72	NUM
fbem-29708	100	70	)	)	PUNCT
fbem-29708	100	71	(	(	PUNCT
fbem-29708	100	72	6.27	6.27	NUM
fbem-29708	100	73	)	)	PUNCT
fbem-29708	100	74	(	(	PUNCT
fbem-29708	100	75	8.75	8.75	NUM
fbem-29708	100	76	)	)	PUNCT
fbem-29708	100	77	(	(	PUNCT
fbem-29708	100	78	8.43	8.43	NUM
fbem-29708	100	79	)	)	PUNCT
fbem-29708	100	80	(	(	PUNCT
fbem-29708	100	81	5.81	5.81	NUM
fbem-29708	100	82	)	)	PUNCT
fbem-29708	100	83	dturnt	dturnt	VERB
fbem-29708	100	84	0.008	0.008	NUM
fbem-29708	100	85	-0.008	-0.008	NOUN
fbem-29708	100	86	-0.009	-0.009	X
fbem-29708	100	87	0.007	0.007	NUM
fbem-29708	100	88	-0.009	-0.009	NUM
fbem-29708	100	89	-0.009	-0.009	PUNCT
fbem-29708	100	90	(	(	PUNCT
fbem-29708	100	91	0.59	0.59	NUM
fbem-29708	100	92	)	)	PUNCT
fbem-29708	100	93	(	(	PUNCT
fbem-29708	100	94	-1.48	-1.48	NOUN
fbem-29708	100	95	)	)	PUNCT
fbem-29708	100	96	(	(	PUNCT
fbem-29708	100	97	-0.90	-0.90	NUM
fbem-29708	100	98	)	)	PUNCT
fbem-29708	100	99	(	(	PUNCT
fbem-29708	100	100	0.54	0.54	NUM
fbem-29708	100	101	)	)	PUNCT
fbem-29708	100	102	(	(	PUNCT
fbem-29708	100	103	-1.51	-1.51	X
fbem-29708	100	104	)	)	PUNCT
fbem-29708	100	105	(	(	PUNCT
fbem-29708	100	106	-0.88	-0.88	NOUN
fbem-29708	100	107	)	)	PUNCT
fbem-29708	100	108	abacct	abacct	VERB
fbem-29708	100	109	0.225	0.225	NUM
fbem-29708	100	110	*	*	PUNCT
fbem-29708	100	111	*	*	PUNCT
fbem-29708	100	112	*	*	PUNCT
fbem-29708	100	113	0.086	0.086	NUM
fbem-29708	100	114	*	*	PUNCT
fbem-29708	100	115	*	*	PUNCT
fbem-29708	100	116	*	*	PUNCT
fbem-29708	100	117	0.131	0.131	NUM
fbem-29708	100	118	*	*	PUNCT
fbem-29708	100	119	*	*	PUNCT
fbem-29708	100	120	0.236	0.236	NUM
fbem-29708	100	121	*	*	PUNCT
fbem-29708	100	122	*	*	PUNCT
fbem-29708	100	123	*	*	PUNCT
fbem-29708	100	124	0.091	0.091	NUM
fbem-29708	100	125	*	*	PUNCT
fbem-29708	100	126	*	*	PUNCT
fbem-29708	100	127	*	*	PUNCT
fbem-29708	101	1	0.134	0.134	NUM
fbem-29708	101	2	*	*	PUNCT
fbem-29708	101	3	*	*	PUNCT
fbem-29708	101	4	(	(	PUNCT
fbem-29708	101	5	3.57	3.57	NUM
fbem-29708	101	6	)	)	PUNCT
fbem-29708	101	7	(	(	PUNCT
fbem-29708	101	8	3.13	3.13	NUM
fbem-29708	101	9	)	)	PUNCT
fbem-29708	101	10	(	(	PUNCT
fbem-29708	101	11	2.55	2.55	NUM
fbem-29708	101	12	)	)	PUNCT
fbem-29708	101	13	(	(	PUNCT
fbem-29708	101	14	3.68	3.68	NUM
fbem-29708	101	15	)	)	PUNCT
fbem-29708	101	16	(	(	PUNCT
fbem-29708	101	17	3.21	3.21	NUM
fbem-29708	101	18	)	)	PUNCT
fbem-29708	101	19	(	(	PUNCT
fbem-29708	101	20	2.53	2.53	NUM
fbem-29708	101	21	)	)	PUNCT
fbem-29708	101	22	epst	epst	VERB
fbem-29708	101	23	0.059	0.059	NUM
fbem-29708	101	24	*	*	NOUN
fbem-29708	101	25	*	*	PUNCT
fbem-29708	101	26	*	*	PUNCT
fbem-29708	101	27	0.015	0.015	NUM
fbem-29708	101	28	*	*	PUNCT
fbem-29708	101	29	0.032	0.032	NUM
fbem-29708	101	30	*	*	PUNCT
fbem-29708	101	31	*	*	PUNCT
fbem-29708	101	32	0.056	0.056	NUM
fbem-29708	101	33	*	*	PUNCT
fbem-29708	101	34	*	*	PUNCT
fbem-29708	101	35	*	*	PROPN
fbem-29708	101	36	0.012	0.012	NUM
fbem-29708	101	37	0.033	0.033	NUM
fbem-29708	101	38	*	*	PUNCT
fbem-29708	101	39	*	*	PUNCT
fbem-29708	101	40	(	(	PUNCT
fbem-29708	101	41	2.86	2.86	NUM
fbem-29708	101	42	)	)	PUNCT
fbem-29708	101	43	(	(	PUNCT
fbem-29708	101	44	1.77	1.77	NUM
fbem-29708	101	45	)	)	PUNCT
fbem-29708	101	46	(	(	PUNCT
fbem-29708	101	47	2.02	2.02	NUM
fbem-29708	101	48	)	)	PUNCT
fbem-29708	101	49	(	(	PUNCT
fbem-29708	101	50	2.67	2.67	NUM
fbem-29708	101	51	)	)	PUNCT
fbem-29708	101	52	(	(	PUNCT
fbem-29708	101	53	1.44	1.44	NUM
fbem-29708	101	54	)	)	PUNCT
fbem-29708	101	55	(	(	PUNCT
fbem-29708	101	56	2.04	2.04	NUM
fbem-29708	101	57	)	)	PUNCT
fbem-29708	101	58	seprtt	seprtt	NOUN
fbem-29708	101	59	0.001	0.001	NUM
fbem-29708	101	60	0.001	0.001	NUM
fbem-29708	101	61	0.000	0.000	NUM
fbem-29708	101	62	0.001	0.001	NUM
fbem-29708	101	63	0.001	0.001	NUM
fbem-29708	101	64	0.000	0.000	NUM
fbem-29708	101	65	(	(	PUNCT
fbem-29708	101	66	1.06	1.06	NUM
fbem-29708	101	67	)	)	PUNCT
fbem-29708	101	68	(	(	PUNCT
fbem-29708	101	69	1.47	1.47	NUM
fbem-29708	101	70	)	)	PUNCT
fbem-29708	101	71	(	(	PUNCT
fbem-29708	101	72	0.30	0.30	NUM
fbem-29708	101	73	)	)	PUNCT
fbem-29708	101	74	(	(	PUNCT
fbem-29708	101	75	0.89	0.89	NUM
fbem-29708	101	76	)	)	PUNCT
fbem-29708	101	77	(	(	PUNCT
fbem-29708	101	78	1.13	1.13	NUM
fbem-29708	101	79	)	)	PUNCT
fbem-29708	101	80	(	(	PUNCT
fbem-29708	101	81	0.10	0.10	NUM
fbem-29708	101	82	)	)	PUNCT
fbem-29708	101	83	nskewt	nskewt	NOUN
fbem-29708	101	84	-0.079	-0.079	NOUN
fbem-29708	101	85	*	*	PUNCT
fbem-29708	101	86	*	*	PUNCT
fbem-29708	101	87	*	*	PUNCT
fbem-29708	101	88	-0.030	-0.030	PUNCT
fbem-29708	101	89	*	*	PUNCT
fbem-29708	101	90	*	*	PUNCT
fbem-29708	101	91	*	*	PUNCT
fbem-29708	101	92	-0.049	-0.049	PUNCT
fbem-29708	101	93	*	*	PUNCT
fbem-29708	101	94	*	*	PUNCT
fbem-29708	101	95	*	*	PUNCT
fbem-29708	101	96	-0.083	-0.083	PUNCT
fbem-29708	101	97	*	*	PUNCT
fbem-29708	101	98	*	*	PUNCT
fbem-29708	101	99	*	*	PUNCT
fbem-29708	101	100	-0.031	-0.031	NOUN
fbem-29708	101	101	*	*	PUNCT
fbem-29708	101	102	*	*	PUNCT
fbem-29708	101	103	*	*	PUNCT
fbem-29708	101	104	-0.051	-0.051	PROPN
fbem-29708	101	105	*	*	PUNCT
fbem-29708	101	106	*	*	PUNCT
fbem-29708	101	107	*	*	PUNCT
fbem-29708	101	108	(	(	PUNCT
fbem-29708	101	109	-11.42	-11.42	NOUN
fbem-29708	101	110	)	)	PUNCT
fbem-29708	101	111	(	(	PUNCT
fbem-29708	101	112	-10.38	-10.38	NOUN
fbem-29708	101	113	)	)	PUNCT
fbem-29708	101	114	(	(	PUNCT
fbem-29708	101	115	-8.86	-8.86	ADJ
fbem-29708	101	116	)	)	PUNCT
fbem-29708	101	117	(	(	PUNCT
fbem-29708	101	118	-11.99	-11.99	PROPN
fbem-29708	101	119	)	)	PUNCT
fbem-29708	101	120	(	(	PUNCT
fbem-29708	101	121	-10.67	-10.67	PROPN
fbem-29708	101	122	)	)	PUNCT
fbem-29708	101	123	(	(	PUNCT
fbem-29708	101	124	-9.15	-9.15	NOUN
fbem-29708	101	125	)	)	PUNCT
fbem-29708	101	126	sigmat	sigmat	NOUN
fbem-29708	101	127	-3.878	-3.878	ADJ
fbem-29708	101	128	*	*	PUNCT
fbem-29708	101	129	*	*	PUNCT
fbem-29708	101	130	*	*	NOUN
fbem-29708	101	131	0.125	0.125	NUM
fbem-29708	101	132	0.982	0.982	NUM
fbem-29708	101	133	-3.241	-3.241	VERB
fbem-29708	101	134	*	*	PUNCT
fbem-29708	101	135	*	*	X
fbem-29708	101	136	0.360	0.360	NUM
fbem-29708	101	137	1.369	1.369	NUM
fbem-29708	101	138	(	(	PUNCT
fbem-29708	101	139	-3.06	-3.06	NUM
fbem-29708	101	140	)	)	PUNCT
fbem-29708	101	141	(	(	PUNCT
fbem-29708	101	142	0.24	0.24	NUM
fbem-29708	101	143	)	)	PUNCT
fbem-29708	101	144	(	(	PUNCT
fbem-29708	101	145	1.07	1.07	NUM
fbem-29708	101	146	)	)	PUNCT
fbem-29708	101	147	(	(	PUNCT
fbem-29708	101	148	-2.49	-2.49	NOUN
fbem-29708	101	149	)	)	PUNCT
fbem-29708	101	150	(	(	PUNCT
fbem-29708	101	151	0.66	0.66	NUM
fbem-29708	101	152	)	)	PUNCT
fbem-29708	101	153	(	(	PUNCT
fbem-29708	101	154	1.45	1.45	NUM
fbem-29708	101	155	)	)	PUNCT
fbem-29708	101	156	rett	rett	NOUN
fbem-29708	101	157	1.674	1.674	NUM
fbem-29708	101	158	*	*	PUNCT
fbem-29708	101	159	*	*	PUNCT
fbem-29708	101	160	*	*	PUNCT
fbem-29708	101	161	0.660	0.660	NUM
fbem-29708	101	162	*	*	PUNCT
fbem-29708	101	163	*	*	PUNCT
fbem-29708	101	164	*	*	PUNCT
fbem-29708	101	165	0.896	0.896	NUM
fbem-29708	101	166	*	*	PUNCT
fbem-29708	101	167	*	*	PUNCT
fbem-29708	101	168	*	*	PUNCT
fbem-29708	101	169	1.798	1.798	NUM
fbem-29708	101	170	*	*	PUNCT
fbem-29708	101	171	*	*	PUNCT
fbem-29708	101	172	*	*	PUNCT
fbem-29708	101	173	0.695	0.695	NUM
fbem-29708	101	174	*	*	PUNCT
fbem-29708	101	175	*	*	PUNCT
fbem-29708	101	176	*	*	PUNCT
fbem-29708	101	177	0.969	0.969	NUM
fbem-29708	101	178	*	*	PUNCT
fbem-29708	101	179	*	*	PUNCT
fbem-29708	101	180	*	*	PUNCT
fbem-29708	101	181	(	(	PUNCT
fbem-29708	101	182	7.87	7.87	NUM
fbem-29708	101	183	)	)	PUNCT
fbem-29708	101	184	(	(	PUNCT
fbem-29708	101	185	7.94	7.94	NUM
fbem-29708	101	186	)	)	PUNCT
fbem-29708	101	187	(	(	PUNCT
fbem-29708	101	188	6.06	6.06	NUM
fbem-29708	101	189	)	)	PUNCT
fbem-29708	101	190	(	(	PUNCT
fbem-29708	101	191	8.16	8.16	NUM
fbem-29708	101	192	)	)	PUNCT
fbem-29708	101	193	(	(	PUNCT
fbem-29708	101	194	8.07	8.07	NUM
fbem-29708	101	195	)	)	PUNCT
fbem-29708	101	196	(	(	PUNCT
fbem-29708	101	197	6.31	6.31	NUM
fbem-29708	101	198	)	)	PUNCT
fbem-29708	101	199	constant	constant	ADJ
fbem-29708	101	200	-0.823	-0.823	NOUN
fbem-29708	101	201	*	*	PUNCT
fbem-29708	101	202	*	*	PUNCT
fbem-29708	101	203	*	*	PUNCT
fbem-29708	101	204	0.430	0.430	NUM
fbem-29708	101	205	*	*	PUNCT
fbem-29708	101	206	*	*	PUNCT
fbem-29708	101	207	*	*	PUNCT
fbem-29708	101	208	-0.563	-0.563	NOUN
fbem-29708	101	209	*	*	PUNCT
fbem-29708	101	210	*	*	PUNCT
fbem-29708	101	211	-1.096	-1.096	PUNCT
fbem-29708	101	212	*	*	PUNCT
fbem-29708	101	213	*	*	PUNCT
fbem-29708	101	214	*	*	PUNCT
fbem-29708	101	215	0.330	0.330	NUM
fbem-29708	101	216	*	*	X
fbem-29708	101	217	*	*	PUNCT
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fbem-29708	101	219	*	*	PUNCT
fbem-29708	101	220	*	*	PUNCT
fbem-29708	101	221	*	*	PUNCT
fbem-29708	101	222	(	(	PUNCT
fbem-29708	101	223	-2.75	-2.75	NOUN
fbem-29708	101	224	)	)	PUNCT
fbem-29708	101	225	(	(	PUNCT
fbem-29708	101	226	3.37	3.37	NUM
fbem-29708	101	227	)	)	PUNCT
fbem-29708	101	228	(	(	PUNCT
fbem-29708	101	229	-2.45	-2.45	NUM
fbem-29708	101	230	)	)	PUNCT
fbem-29708	101	231	(	(	PUNCT
fbem-29708	101	232	-3.53	-3.53	NOUN
fbem-29708	101	233	)	)	PUNCT
fbem-29708	101	234	(	(	PUNCT
fbem-29708	101	235	2.53	2.53	NUM
fbem-29708	101	236	)	)	PUNCT
fbem-29708	101	237	(	(	PUNCT
fbem-29708	101	238	-2.94	-2.94	NOUN
fbem-29708	101	239	)	)	PUNCT
fbem-29708	101	240	observations	observation	NOUN
fbem-29708	101	241	26,388	26,388	NUM
fbem-29708	101	242	26,388	26,388	NUM
fbem-29708	101	243	26,388	26,388	NUM
fbem-29708	101	244	26,375	26,375	NUM
fbem-29708	101	245	26,375	26,375	NUM
fbem-29708	101	246	26,375	26,375	NUM
fbem-29708	101	247	adjr2	adjr2	NOUN
fbem-29708	101	248	0.157	0.157	NUM
fbem-29708	101	249	0.127	0.127	NUM
fbem-29708	101	250	0.063	0.063	NUM
fbem-29708	101	251	0.168	0.168	NUM
fbem-29708	101	252	0.135	0.135	NUM
fbem-29708	101	253	0.068	0.068	NUM
fbem-29708	101	254	year	year	NOUN
fbem-29708	101	255	fe	fe	PROPN
fbem-29708	101	256	control	control	PROPN
fbem-29708	101	257	control	control	PROPN
fbem-29708	101	258	control	control	PROPN
fbem-29708	101	259	i	i	PROPN
fbem-29708	101	260	d	d	PROPN
fbem-29708	101	261	fe	fe	PROPN
fbem-29708	101	262	control	control	PROPN
fbem-29708	101	263	control	control	PROPN
fbem-29708	101	264	control	control	PROPN
fbem-29708	101	265	control	control	PROPN
fbem-29708	101	266	control	control	PROPN
fbem-29708	101	267	control	control	PROPN
fbem-29708	101	268	year*ind	year*ind	PROPN
fbem-29708	101	269	fe	fe	PROPN
fbem-29708	101	270	control	control	PROPN
fbem-29708	101	271	control	control	PROPN
fbem-29708	101	272	control	control	PROPN
fbem-29708	101	273	6	6	NUM
fbem-29708	101	274	.	.	PUNCT
fbem-29708	102	1	the	the	DET
fbem-29708	102	2	alleviating	alleviate	VERB
fbem-29708	102	3	effect	effect	NOUN
fbem-29708	102	4	of	of	ADP
fbem-29708	102	5	trust	trust	NOUN
fbem-29708	102	6	in	in	ADP
fbem-29708	102	7	the	the	DET
fbem-29708	102	8	local	local	ADJ
fbem-29708	102	9	community	community	NOUN
fbem-29708	102	10	it	it	PRON
fbem-29708	102	11	was	be	AUX
fbem-29708	102	12	mentioned	mention	VERB
fbem-29708	102	13	earlier	early	ADV
fbem-29708	102	14	that	that	SCONJ
fbem-29708	102	15	regional	regional	ADJ
fbem-29708	102	16	social	social	ADJ
fbem-29708	102	17	trust	trust	NOUN
fbem-29708	102	18	can	can	AUX
fbem-29708	102	19	suppress	suppress	VERB
fbem-29708	102	20	management	management	NOUN
fbem-29708	102	21	's	's	PART
fbem-29708	102	22	concealment	concealment	NOUN
fbem-29708	102	23	of	of	ADP
fbem-29708	102	24	negative	negative	ADJ
fbem-29708	102	25	information	information	NOUN
fbem-29708	102	26	(	(	PUNCT
fbem-29708	102	27	liu	liu	PROPN
fbem-29708	102	28	et	et	PROPN
fbem-29708	102	29	al	al	PROPN
fbem-29708	102	30	.	.	PROPN
fbem-29708	102	31	,	,	PUNCT
fbem-29708	102	32	2016	2016	NUM
fbem-29708	102	33	)	)	PUNCT
fbem-29708	102	34	and	and	CCONJ
fbem-29708	102	35	can	can	AUX
fbem-29708	102	36	also	also	ADV
fbem-29708	102	37	enhance	enhance	VERB
fbem-29708	102	38	the	the	DET
fbem-29708	102	39	accounting	accounting	NOUN
fbem-29708	102	40	conservatism	conservatism	NOUN
fbem-29708	102	41	of	of	ADP
fbem-29708	102	42	companies	company	NOUN
fbem-29708	102	43	in	in	ADP
fbem-29708	102	44	that	that	DET
fbem-29708	102	45	region	region	NOUN
fbem-29708	102	46	(	(	PUNCT
fbem-29708	102	47	li	li	PROPN
fbem-29708	102	48	et	et	PROPN
fbem-29708	102	49	al	al	PROPN
fbem-29708	102	50	.	.	PROPN
fbem-29708	102	51	,	,	PUNCT
fbem-29708	102	52	2017	2017	NUM
fbem-29708	102	53	;	;	PUNCT
fbem-29708	102	54	shen	shen	NOUN
fbem-29708	102	55	,	,	PUNCT
fbem-29708	102	56	2019	2019	NUM
fbem-29708	102	57	)	)	PUNCT
fbem-29708	102	58	,	,	PUNCT
fbem-29708	102	59	indicating	indicate	VERB
fbem-29708	102	60	that	that	SCONJ
fbem-29708	102	61	in	in	ADP
fbem-29708	102	62	areas	area	NOUN
fbem-29708	102	63	with	with	ADP
fbem-29708	102	64	a	a	DET
fbem-29708	102	65	higher	high	ADJ
fbem-29708	102	66	level	level	NOUN
fbem-29708	102	67	of	of	ADP
fbem-29708	102	68	social	social	ADJ
fbem-29708	102	69	trust	trust	NOUN
fbem-29708	102	70	,	,	PUNCT
fbem-29708	102	71	the	the	DET
fbem-29708	102	72	risk	risk	NOUN
fbem-29708	102	73	of	of	ADP
fbem-29708	102	74	stock	stock	NOUN
fbem-29708	102	75	price	price	NOUN
fbem-29708	102	76	collapse	collapse	NOUN
fbem-29708	102	77	for	for	ADP
fbem-29708	102	78	companies	company	NOUN
fbem-29708	102	79	is	be	AUX
fbem-29708	102	80	reduced	reduce	VERB
fbem-29708	102	81	.	.	PUNCT
fbem-29708	103	1	in	in	ADP
fbem-29708	103	2	order	order	NOUN
fbem-29708	103	3	to	to	PART
fbem-29708	103	4	test	test	VERB
fbem-29708	103	5	this	this	DET
fbem-29708	103	6	conjecture	conjecture	NOUN
fbem-29708	103	7	,	,	PUNCT
fbem-29708	103	8	this	this	DET
fbem-29708	103	9	paper	paper	NOUN
fbem-29708	103	10	crossmultiplies	crossmultiplie	VERB
fbem-29708	103	11	two	two	NUM
fbem-29708	103	12	dummy	dummy	ADJ
fbem-29708	103	13	variables	variable	NOUN
fbem-29708	103	14	that	that	PRON
fbem-29708	103	15	measure	measure	VERB
fbem-29708	103	16	regional	regional	ADJ
fbem-29708	103	17	social	social	ADJ
fbem-29708	103	18	trust	trust	NOUN
fbem-29708	103	19	with	with	ADP
fbem-29708	103	20	the	the	DET
fbem-29708	103	21	explanatory	explanatory	ADJ
fbem-29708	103	22	variables	variable	NOUN
fbem-29708	103	23	of	of	ADP
fbem-29708	103	24	this	this	DET
fbem-29708	103	25	paper	paper	NOUN
fbem-29708	103	26	,	,	PUNCT
fbem-29708	103	27	and	and	CCONJ
fbem-29708	103	28	the	the	DET
fbem-29708	103	29	results	result	NOUN
fbem-29708	103	30	are	be	AUX
fbem-29708	103	31	shown	show	VERB
fbem-29708	103	32	in	in	ADP
fbem-29708	103	33	table	table	NOUN
fbem-29708	103	34	7	7	NUM
fbem-29708	103	35	.	.	PUNCT
fbem-29708	103	36	from	from	ADP
fbem-29708	103	37	the	the	DET
fbem-29708	103	38	data	datum	NOUN
fbem-29708	103	39	in	in	ADP
fbem-29708	103	40	table	table	NOUN
fbem-29708	103	41	7	7	NUM
fbem-29708	103	42	,	,	PUNCT
fbem-29708	103	43	it	it	PRON
fbem-29708	103	44	can	can	AUX
fbem-29708	103	45	be	be	AUX
fbem-29708	103	46	seen	see	VERB
fbem-29708	103	47	that	that	SCONJ
fbem-29708	103	48	the	the	DET
fbem-29708	103	49	coefficients	coefficient	NOUN
fbem-29708	103	50	of	of	ADP
fbem-29708	103	51	the	the	DET
fbem-29708	103	52	interaction	interaction	NOUN
fbem-29708	103	53	terms	term	NOUN
fbem-29708	103	54	between	between	ADP
fbem-29708	103	55	the	the	DET
fbem-29708	103	56	regional	regional	ADJ
fbem-29708	103	57	social	social	ADJ
fbem-29708	103	58	trust	trust	NOUN
fbem-29708	103	59	index	index	NOUN
fbem-29708	103	60	trustdumm1	trustdumm1	NOUN
fbem-29708	103	61	and	and	CCONJ
fbem-29708	103	62	the	the	DET
fbem-29708	103	63	analyst	analyst	NOUN
fbem-29708	103	64	attention	attention	NOUN
fbem-29708	103	65	index	index	NOUN
fbem-29708	103	66	are	be	AUX
fbem-29708	103	67	-0.024	-0.024	VERB
fbem-29708	103	68	,	,	PUNCT
fbem-29708	103	69	-0.010	-0.010	PUNCT
fbem-29708	103	70	and	and	CCONJ
fbem-29708	103	71	-0.013	-0.013	ADP
fbem-29708	103	72	,	,	PUNCT
fbem-29708	103	73	respectively	respectively	ADV
fbem-29708	103	74	.	.	PUNCT
fbem-29708	104	1	the	the	DET
fbem-29708	104	2	coefficients	coefficient	NOUN
fbem-29708	104	3	of	of	ADP
fbem-29708	104	4	the	the	DET
fbem-29708	104	5	interaction	interaction	NOUN
fbem-29708	104	6	terms	term	NOUN
fbem-29708	104	7	between	between	ADP
fbem-29708	104	8	the	the	DET
fbem-29708	104	9	trustdumm2	trustdumm2	NOUN
fbem-29708	104	10	of	of	ADP
fbem-29708	104	11	the	the	DET
fbem-29708	104	12	regional	regional	ADJ
fbem-29708	104	13	social	social	ADJ
fbem-29708	104	14	trust	trust	NOUN
fbem-29708	104	15	index	index	NOUN
fbem-29708	104	16	and	and	CCONJ
fbem-29708	104	17	the	the	DET
fbem-29708	104	18	analyst	analyst	NOUN
fbem-29708	104	19	attention	attention	NOUN
fbem-29708	104	20	index	index	NOUN
fbem-29708	104	21	were	be	AUX
fbem-29708	104	22	-0.016	-0.016	PROPN
fbem-29708	104	23	,	,	PUNCT
fbem-29708	104	24	-0.008	-0.008	NOUN
fbem-29708	104	25	and	and	CCONJ
fbem-29708	104	26	-0.014	-0.014	NOUN
fbem-29708	104	27	,	,	PUNCT
fbem-29708	104	28	respectively	respectively	ADV
fbem-29708	104	29	,	,	PUNCT
fbem-29708	104	30	and	and	CCONJ
fbem-29708	104	31	all	all	PRON
fbem-29708	104	32	of	of	ADP
fbem-29708	104	33	them	they	PRON
fbem-29708	104	34	were	be	AUX
fbem-29708	104	35	significant	significant	ADJ
fbem-29708	104	36	at	at	ADP
fbem-29708	104	37	the	the	DET
fbem-29708	104	38	level	level	NOUN
fbem-29708	104	39	of	of	ADP
fbem-29708	104	40	1	1	NUM
fbem-29708	104	41	%	%	NOUN
fbem-29708	104	42	,	,	PUNCT
fbem-29708	104	43	indicating	indicate	VERB
fbem-29708	104	44	that	that	SCONJ
fbem-29708	104	45	regional	regional	ADJ
fbem-29708	104	46	social	social	ADJ
fbem-29708	104	47	trust	trust	NOUN
fbem-29708	104	48	would	would	AUX
fbem-29708	104	49	alleviate	alleviate	VERB
fbem-29708	104	50	the	the	DET
fbem-29708	104	51	positive	positive	ADJ
fbem-29708	104	52	effect	effect	NOUN
fbem-29708	104	53	between	between	ADP
fbem-29708	104	54	analysts	analyst	NOUN
fbem-29708	104	55	'	'	PART
fbem-29708	104	56	attention	attention	NOUN
fbem-29708	104	57	and	and	CCONJ
fbem-29708	104	58	the	the	DET
fbem-29708	104	59	risk	risk	NOUN
fbem-29708	104	60	of	of	ADP
fbem-29708	104	61	stock	stock	NOUN
fbem-29708	104	62	price	price	NOUN
fbem-29708	104	63	crash	crash	NOUN
fbem-29708	104	64	,	,	PUNCT
fbem-29708	104	65	and	and	CCONJ
fbem-29708	104	66	verify	verify	VERB
fbem-29708	104	67	hypothesis	hypothesis	NOUN
fbem-29708	104	68	h2	h2	NOUN
fbem-29708	104	69	.	.	PUNCT
fbem-29708	105	1	214	214	NUM
fbem-29708	105	2	table	table	NOUN
fbem-29708	105	3	7	7	NUM
fbem-29708	105	4	.	.	PUNCT
fbem-29708	105	5	mechanism	mechanism	NOUN
fbem-29708	105	6	inspection	inspection	NOUN
fbem-29708	105	7	(	(	PUNCT
fbem-29708	105	8	1	1	NUM
fbem-29708	105	9	)	)	PUNCT
fbem-29708	105	10	(	(	PUNCT
fbem-29708	105	11	2	2	NUM
fbem-29708	105	12	)	)	PUNCT
fbem-29708	105	13	(	(	PUNCT
fbem-29708	105	14	3	3	X
fbem-29708	105	15	)	)	PUNCT
fbem-29708	105	16	(	(	PUNCT
fbem-29708	105	17	4	4	NUM
fbem-29708	105	18	)	)	PUNCT
fbem-29708	105	19	(	(	PUNCT
fbem-29708	105	20	5	5	NUM
fbem-29708	105	21	)	)	PUNCT
fbem-29708	105	22	(	(	PUNCT
fbem-29708	105	23	6	6	NUM
fbem-29708	105	24	)	)	PUNCT
fbem-29708	105	25	nskewt+1	nskewt+1	PROPN
fbem-29708	105	26	duvolt+1	duvolt+1	PROPN
fbem-29708	106	1	countt+1	countt+1	PROPN
fbem-29708	106	2	nskewt+1	nskewt+1	PROPN
fbem-29708	106	3	duvolt+1	duvolt+1	PROPN
fbem-29708	106	4	countt+1	countt+1	PROPN
fbem-29708	106	5	ananumt	ananumt	VERB
fbem-29708	106	6	0.084	0.084	NUM
fbem-29708	106	7	*	*	PUNCT
fbem-29708	106	8	*	*	PUNCT
fbem-29708	106	9	*	*	PUNCT
fbem-29708	106	10	0.027	0.027	NUM
fbem-29708	106	11	*	*	PUNCT
fbem-29708	106	12	*	*	PUNCT
fbem-29708	106	13	*	*	PUNCT
fbem-29708	106	14	0.048	0.048	NUM
fbem-29708	106	15	*	*	PUNCT
fbem-29708	106	16	*	*	PUNCT
fbem-29708	106	17	*	*	PUNCT
fbem-29708	106	18	0.079	0.079	NUM
fbem-29708	106	19	*	*	PUNCT
fbem-29708	106	20	*	*	PUNCT
fbem-29708	106	21	*	*	PUNCT
fbem-29708	106	22	0.026	0.026	NUM
fbem-29708	106	23	*	*	PUNCT
fbem-29708	106	24	*	*	PUNCT
fbem-29708	106	25	*	*	PUNCT
fbem-29708	106	26	0.048	0.048	NUM
fbem-29708	106	27	*	*	NOUN
fbem-29708	106	28	*	*	PUNCT
fbem-29708	106	29	*	*	PUNCT
fbem-29708	106	30	(	(	PUNCT
fbem-29708	106	31	10.93	10.93	NUM
fbem-29708	106	32	)	)	PUNCT
fbem-29708	106	33	(	(	PUNCT
fbem-29708	106	34	8.48	8.48	NUM
fbem-29708	106	35	)	)	PUNCT
fbem-29708	106	36	(	(	PUNCT
fbem-29708	106	37	8.30	8.30	NUM
fbem-29708	106	38	)	)	PUNCT
fbem-29708	106	39	(	(	PUNCT
fbem-29708	106	40	10.46	10.46	NUM
fbem-29708	106	41	)	)	PUNCT
fbem-29708	106	42	(	(	PUNCT
fbem-29708	106	43	8.17	8.17	NUM
fbem-29708	106	44	)	)	PUNCT
fbem-29708	106	45	(	(	PUNCT
fbem-29708	106	46	8.37	8.37	NUM
fbem-29708	106	47	)	)	PUNCT
fbem-29708	106	48	trustdumm1	trustdumm1	NOUN
fbem-29708	106	49	0.055	0.055	NUM
fbem-29708	106	50	*	*	PUNCT
fbem-29708	106	51	*	*	PUNCT
fbem-29708	106	52	*	*	PUNCT
fbem-29708	106	53	0.021	0.021	NUM
fbem-29708	106	54	*	*	PUNCT
fbem-29708	106	55	*	*	PUNCT
fbem-29708	106	56	*	*	PUNCT
fbem-29708	106	57	0.032	0.032	NUM
fbem-29708	106	58	*	*	PUNCT
fbem-29708	106	59	*	*	PUNCT
fbem-29708	106	60	(	(	PUNCT
fbem-29708	106	61	3.13	3.13	NUM
fbem-29708	106	62	)	)	PUNCT
fbem-29708	106	63	(	(	PUNCT
fbem-29708	106	64	3.02	3.02	NUM
fbem-29708	106	65	)	)	PUNCT
fbem-29708	106	66	(	(	PUNCT
fbem-29708	106	67	2.43	2.43	NUM
fbem-29708	106	68	)	)	PUNCT
fbem-29708	106	69	ananumt×trustdumm1	ananumt×trustdumm1	NOUN
fbem-29708	106	70	-0.024	-0.024	NOUN
fbem-29708	106	71	*	*	PUNCT
fbem-29708	106	72	*	*	PUNCT
fbem-29708	106	73	*	*	PUNCT
fbem-29708	106	74	-0.010	-0.010	PUNCT
fbem-29708	106	75	*	*	PUNCT
fbem-29708	106	76	*	*	PUNCT
fbem-29708	106	77	*	*	PUNCT
fbem-29708	106	78	-0.013	-0.013	PROPN
fbem-29708	106	79	*	*	PUNCT
fbem-29708	106	80	*	*	PUNCT
fbem-29708	106	81	(	(	PUNCT
fbem-29708	106	82	-2.86	-2.86	NOUN
fbem-29708	106	83	)	)	PUNCT
fbem-29708	106	84	(	(	PUNCT
fbem-29708	106	85	-2.86	-2.86	NOUN
fbem-29708	106	86	)	)	PUNCT
fbem-29708	106	87	(	(	PUNCT
fbem-29708	106	88	-1.99	-1.99	NOUN
fbem-29708	106	89	)	)	PUNCT
fbem-29708	106	90	trustdumm2	trustdumm2	NOUN
fbem-29708	107	1	0.048	0.048	NUM
fbem-29708	107	2	*	*	PUNCT
fbem-29708	107	3	*	*	PUNCT
fbem-29708	107	4	*	*	PUNCT
fbem-29708	107	5	0.020	0.020	NUM
fbem-29708	107	6	*	*	PUNCT
fbem-29708	107	7	*	*	PUNCT
fbem-29708	107	8	*	*	PUNCT
fbem-29708	108	1	0.035	0.035	NUM
fbem-29708	108	2	*	*	PUNCT
fbem-29708	108	3	*	*	PUNCT
fbem-29708	108	4	*	*	PUNCT
fbem-29708	108	5	(	(	PUNCT
fbem-29708	108	6	2.73	2.73	NUM
fbem-29708	108	7	)	)	PUNCT
fbem-29708	108	8	(	(	PUNCT
fbem-29708	108	9	2.78	2.78	NUM
fbem-29708	108	10	)	)	PUNCT
fbem-29708	108	11	(	(	PUNCT
fbem-29708	108	12	2.63	2.63	NUM
fbem-29708	108	13	)	)	PUNCT
fbem-29708	108	14	ananumt×trustdumm2	ananumt×trustdumm2	PROPN
fbem-29708	109	1	-0.016	-0.016	PUNCT
fbem-29708	110	1	*	*	PUNCT
fbem-29708	110	2	-0.008	-0.008	NOUN
fbem-29708	110	3	*	*	PUNCT
fbem-29708	110	4	*	*	PUNCT
fbem-29708	111	1	-0.014	-0.014	NOUN
fbem-29708	111	2	*	*	PUNCT
fbem-29708	111	3	*	*	PUNCT
fbem-29708	111	4	(	(	PUNCT
fbem-29708	111	5	-1.96	-1.96	NUM
fbem-29708	111	6	)	)	PUNCT
fbem-29708	111	7	(	(	PUNCT
fbem-29708	111	8	-2.15	-2.15	NOUN
fbem-29708	111	9	)	)	PUNCT
fbem-29708	111	10	(	(	PUNCT
fbem-29708	111	11	-2.10	-2.10	NOUN
fbem-29708	111	12	)	)	PUNCT
fbem-29708	111	13	levt	levt	NOUN
fbem-29708	111	14	0.013	0.013	NUM
fbem-29708	111	15	-0.010	-0.010	PUNCT
fbem-29708	112	1	0.027	0.027	NUM
fbem-29708	112	2	0.013	0.013	NUM
fbem-29708	112	3	-0.010	-0.010	PUNCT
fbem-29708	112	4	0.027	0.027	NUM
fbem-29708	112	5	(	(	PUNCT
fbem-29708	112	6	0.45	0.45	NUM
fbem-29708	112	7	)	)	PUNCT
fbem-29708	112	8	(	(	PUNCT
fbem-29708	112	9	-0.85	-0.85	NOUN
fbem-29708	112	10	)	)	PUNCT
fbem-29708	112	11	(	(	PUNCT
fbem-29708	112	12	1.15	1.15	NUM
fbem-29708	112	13	)	)	PUNCT
fbem-29708	112	14	(	(	PUNCT
fbem-29708	112	15	0.45	0.45	NUM
fbem-29708	112	16	)	)	PUNCT
fbem-29708	112	17	(	(	PUNCT
fbem-29708	112	18	-0.85	-0.85	NOUN
fbem-29708	112	19	)	)	PUNCT
fbem-29708	112	20	(	(	PUNCT
fbem-29708	112	21	1.15	1.15	X
fbem-29708	112	22	)	)	PUNCT
fbem-29708	112	23	sizet	sizet	NOUN
fbem-29708	112	24	-0.075	-0.075	PUNCT
fbem-29708	112	25	*	*	PUNCT
fbem-29708	112	26	*	*	PUNCT
fbem-29708	112	27	*	*	PUNCT
fbem-29708	112	28	-0.024	-0.024	PUNCT
fbem-29708	112	29	*	*	PUNCT
fbem-29708	112	30	*	*	PUNCT
fbem-29708	112	31	*	*	PUNCT
fbem-29708	112	32	-0.037	-0.037	PUNCT
fbem-29708	112	33	*	*	PUNCT
fbem-29708	112	34	*	*	PUNCT
fbem-29708	112	35	*	*	PUNCT
fbem-29708	113	1	-0.075	-0.075	PUNCT
fbem-29708	113	2	*	*	PUNCT
fbem-29708	113	3	*	*	PUNCT
fbem-29708	113	4	*	*	PUNCT
fbem-29708	113	5	-0.024	-0.024	PUNCT
fbem-29708	113	6	*	*	PUNCT
fbem-29708	113	7	*	*	PUNCT
fbem-29708	113	8	*	*	PUNCT
fbem-29708	113	9	-0.037	-0.037	PUNCT
fbem-29708	113	10	*	*	PUNCT
fbem-29708	113	11	*	*	PUNCT
fbem-29708	113	12	*	*	PUNCT
fbem-29708	113	13	(	(	PUNCT
fbem-29708	113	14	-12.50	-12.50	PROPN
fbem-29708	113	15	)	)	PUNCT
fbem-29708	113	16	(	(	PUNCT
fbem-29708	113	17	-9.25	-9.25	NOUN
fbem-29708	113	18	)	)	PUNCT
fbem-29708	113	19	(	(	PUNCT
fbem-29708	113	20	-8.33	-8.33	NUM
fbem-29708	113	21	)	)	PUNCT
fbem-29708	113	22	(	(	PUNCT
fbem-29708	113	23	-12.51	-12.51	NOUN
fbem-29708	113	24	)	)	PUNCT
fbem-29708	113	25	(	(	PUNCT
fbem-29708	113	26	-9.25	-9.25	NOUN
fbem-29708	113	27	)	)	PUNCT
fbem-29708	113	28	(	(	PUNCT
fbem-29708	113	29	-8.33	-8.33	X
fbem-29708	113	30	)	)	PUNCT
fbem-29708	113	31	roat	roat	NOUN
fbem-29708	113	32	-0.786	-0.786	NOUN
fbem-29708	113	33	*	*	PUNCT
fbem-29708	113	34	*	*	PUNCT
fbem-29708	113	35	*	*	PUNCT
fbem-29708	113	36	-0.244	-0.244	PROPN
fbem-29708	113	37	*	*	PUNCT
fbem-29708	113	38	*	*	PUNCT
fbem-29708	113	39	*	*	PUNCT
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fbem-29708	114	2	*	*	PUNCT
fbem-29708	114	3	*	*	PUNCT
fbem-29708	114	4	*	*	PUNCT
fbem-29708	114	5	-0.789	-0.789	NOUN
fbem-29708	114	6	*	*	PUNCT
fbem-29708	114	7	*	*	PUNCT
fbem-29708	114	8	*	*	PUNCT
fbem-29708	115	1	-0.245	-0.245	PUNCT
fbem-29708	116	1	*	*	PUNCT
fbem-29708	116	2	*	*	PUNCT
fbem-29708	116	3	*	*	PUNCT
fbem-29708	116	4	-0.362	-0.362	PROPN
fbem-29708	116	5	*	*	PUNCT
fbem-29708	116	6	*	*	PUNCT
fbem-29708	116	7	*	*	PUNCT
fbem-29708	116	8	(	(	PUNCT
fbem-29708	116	9	-5.56	-5.56	NUM
fbem-29708	116	10	)	)	PUNCT
fbem-29708	116	11	(	(	PUNCT
fbem-29708	116	12	-4.00	-4.00	NUM
fbem-29708	116	13	)	)	PUNCT
fbem-29708	116	14	(	(	PUNCT
fbem-29708	116	15	-3.39	-3.39	X
fbem-29708	116	16	)	)	PUNCT
fbem-29708	116	17	(	(	PUNCT
fbem-29708	116	18	-5.60	-5.60	X
fbem-29708	116	19	)	)	PUNCT
fbem-29708	116	20	(	(	PUNCT
fbem-29708	116	21	-4.02	-4.02	X
fbem-29708	116	22	)	)	PUNCT
fbem-29708	116	23	(	(	PUNCT
fbem-29708	116	24	-3.39	-3.39	X
fbem-29708	116	25	)	)	PUNCT
fbem-29708	116	26	mtobt	mtobt	ADP
fbem-29708	116	27	0.032	0.032	NUM
fbem-29708	116	28	*	*	NOUN
fbem-29708	116	29	*	*	PUNCT
fbem-29708	116	30	*	*	PUNCT
fbem-29708	116	31	0.012	0.012	NUM
fbem-29708	116	32	*	*	PUNCT
fbem-29708	116	33	*	*	PUNCT
fbem-29708	116	34	*	*	NOUN
fbem-29708	116	35	0.018	0.018	NUM
fbem-29708	116	36	*	*	PUNCT
fbem-29708	116	37	*	*	PUNCT
fbem-29708	116	38	*	*	PUNCT
fbem-29708	116	39	0.031	0.031	NUM
fbem-29708	116	40	*	*	PUNCT
fbem-29708	116	41	*	*	PUNCT
fbem-29708	116	42	*	*	PUNCT
fbem-29708	116	43	0.012	0.012	NUM
fbem-29708	116	44	*	*	PUNCT
fbem-29708	116	45	*	*	PUNCT
fbem-29708	116	46	*	*	NOUN
fbem-29708	116	47	0.018	0.018	NUM
fbem-29708	116	48	*	*	PUNCT
fbem-29708	116	49	*	*	PUNCT
fbem-29708	116	50	*	*	PUNCT
fbem-29708	116	51	(	(	PUNCT
fbem-29708	116	52	6.06	6.06	NUM
fbem-29708	116	53	)	)	PUNCT
fbem-29708	116	54	(	(	PUNCT
fbem-29708	116	55	5.20	5.20	NUM
fbem-29708	116	56	)	)	PUNCT
fbem-29708	116	57	(	(	PUNCT
fbem-29708	116	58	4.60	4.60	NUM
fbem-29708	116	59	)	)	PUNCT
fbem-29708	116	60	(	(	PUNCT
fbem-29708	116	61	6.04	6.04	NUM
fbem-29708	116	62	)	)	PUNCT
fbem-29708	116	63	(	(	PUNCT
fbem-29708	116	64	5.19	5.19	NUM
fbem-29708	116	65	)	)	PUNCT
fbem-29708	116	66	(	(	PUNCT
fbem-29708	116	67	4.57	4.57	NUM
fbem-29708	116	68	)	)	PUNCT
fbem-29708	116	69	dturnt	dturnt	VERB
fbem-29708	116	70	-0.011	-0.011	NOUN
fbem-29708	116	71	-0.013	-0.013	PUNCT
fbem-29708	116	72	*	*	PUNCT
fbem-29708	116	73	*	*	PUNCT
fbem-29708	116	74	*	*	PUNCT
fbem-29708	116	75	-0.012	-0.012	INTJ
fbem-29708	116	76	-0.011	-0.011	NOUN
fbem-29708	117	1	-0.013	-0.013	ADP
fbem-29708	117	2	*	*	PUNCT
fbem-29708	117	3	*	*	PUNCT
fbem-29708	117	4	*	*	PUNCT
fbem-29708	117	5	-0.012	-0.012	INTJ
fbem-29708	117	6	(	(	PUNCT
fbem-29708	117	7	-0.93	-0.93	NUM
fbem-29708	117	8	)	)	PUNCT
fbem-29708	117	9	(	(	PUNCT
fbem-29708	117	10	-2.61	-2.61	NOUN
fbem-29708	117	11	)	)	PUNCT
fbem-29708	117	12	(	(	PUNCT
fbem-29708	117	13	-1.33	-1.33	NUM
fbem-29708	117	14	)	)	PUNCT
fbem-29708	117	15	(	(	PUNCT
fbem-29708	117	16	-0.95	-0.95	NOUN
fbem-29708	117	17	)	)	PUNCT
fbem-29708	117	18	(	(	PUNCT
fbem-29708	117	19	-2.63	-2.63	NOUN
fbem-29708	117	20	)	)	PUNCT
fbem-29708	117	21	(	(	PUNCT
fbem-29708	117	22	-1.35	-1.35	NOUN
fbem-29708	117	23	)	)	PUNCT
fbem-29708	117	24	abacct	abacct	VERB
fbem-29708	117	25	0.277	0.277	NUM
fbem-29708	117	26	*	*	PUNCT
fbem-29708	117	27	*	*	PUNCT
fbem-29708	117	28	*	*	PUNCT
fbem-29708	117	29	0.105	0.105	NUM
fbem-29708	117	30	*	*	NOUN
fbem-29708	117	31	*	*	PUNCT
fbem-29708	117	32	*	*	PUNCT
fbem-29708	117	33	0.140	0.140	NUM
fbem-29708	117	34	*	*	PUNCT
fbem-29708	117	35	*	*	PUNCT
fbem-29708	117	36	*	*	PUNCT
fbem-29708	117	37	0.276	0.276	NUM
fbem-29708	117	38	*	*	PUNCT
fbem-29708	117	39	*	*	PUNCT
fbem-29708	117	40	*	*	PUNCT
fbem-29708	117	41	0.104	0.104	NUM
fbem-29708	117	42	*	*	PUNCT
fbem-29708	117	43	*	*	PUNCT
fbem-29708	117	44	*	*	PUNCT
fbem-29708	117	45	0.141	0.141	NUM
fbem-29708	117	46	*	*	PUNCT
fbem-29708	117	47	*	*	PUNCT
fbem-29708	117	48	*	*	PUNCT
fbem-29708	117	49	(	(	PUNCT
fbem-29708	117	50	4.84	4.84	NUM
fbem-29708	117	51	)	)	PUNCT
fbem-29708	117	52	(	(	PUNCT
fbem-29708	118	1	4.22	4.22	NUM
fbem-29708	118	2	)	)	PUNCT
fbem-29708	118	3	(	(	PUNCT
fbem-29708	118	4	2.99	2.99	NUM
fbem-29708	118	5	)	)	PUNCT
fbem-29708	118	6	(	(	PUNCT
fbem-29708	118	7	4.83	4.83	NUM
fbem-29708	118	8	)	)	PUNCT
fbem-29708	118	9	(	(	PUNCT
fbem-29708	118	10	4.21	4.21	NUM
fbem-29708	118	11	)	)	PUNCT
fbem-29708	118	12	(	(	PUNCT
fbem-29708	118	13	2.99	2.99	NUM
fbem-29708	118	14	)	)	PUNCT
fbem-29708	118	15	epst	epst	VERB
fbem-29708	118	16	0.079	0.079	NUM
fbem-29708	118	17	*	*	NOUN
fbem-29708	118	18	*	*	PUNCT
fbem-29708	118	19	*	*	PUNCT
fbem-29708	118	20	0.022	0.022	NUM
fbem-29708	118	21	*	*	PUNCT
fbem-29708	118	22	*	*	PUNCT
fbem-29708	118	23	*	*	PUNCT
fbem-29708	118	24	0.045	0.045	NUM
fbem-29708	118	25	*	*	PUNCT
fbem-29708	118	26	*	*	PUNCT
fbem-29708	118	27	*	*	PUNCT
fbem-29708	118	28	0.079	0.079	NUM
fbem-29708	118	29	*	*	PUNCT
fbem-29708	118	30	*	*	PUNCT
fbem-29708	118	31	*	*	PUNCT
fbem-29708	118	32	0.022	0.022	NUM
fbem-29708	118	33	*	*	PUNCT
fbem-29708	118	34	*	*	PUNCT
fbem-29708	118	35	*	*	PUNCT
fbem-29708	118	36	0.045	0.045	NUM
fbem-29708	118	37	*	*	PUNCT
fbem-29708	118	38	*	*	PUNCT
fbem-29708	118	39	*	*	PUNCT
fbem-29708	118	40	(	(	PUNCT
fbem-29708	118	41	4.95	4.95	NUM
fbem-29708	118	42	)	)	PUNCT
fbem-29708	118	43	(	(	PUNCT
fbem-29708	118	44	3.23	3.23	NUM
fbem-29708	118	45	)	)	PUNCT
fbem-29708	118	46	(	(	PUNCT
fbem-29708	118	47	3.78	3.78	NUM
fbem-29708	118	48	)	)	PUNCT
fbem-29708	118	49	(	(	PUNCT
fbem-29708	118	50	4.99	4.99	NUM
fbem-29708	118	51	)	)	PUNCT
fbem-29708	118	52	(	(	PUNCT
fbem-29708	118	53	3.26	3.26	NUM
fbem-29708	118	54	)	)	PUNCT
fbem-29708	118	55	(	(	PUNCT
fbem-29708	118	56	3.79	3.79	NUM
fbem-29708	118	57	)	)	PUNCT
fbem-29708	118	58	seprtt	seprtt	NOUN
fbem-29708	118	59	-0.000	-0.000	PUNCT
fbem-29708	118	60	-0.000	-0.000	PROPN
fbem-29708	119	1	-0.000	-0.000	NUM
fbem-29708	119	2	-0.000	-0.000	NUM
fbem-29708	119	3	-0.000	-0.000	NUM
fbem-29708	119	4	-0.000	-0.000	PUNCT
fbem-29708	119	5	(	(	PUNCT
fbem-29708	119	6	-0.83	-0.83	X
fbem-29708	119	7	)	)	PUNCT
fbem-29708	119	8	(	(	PUNCT
fbem-29708	119	9	-0.22	-0.22	NUM
fbem-29708	119	10	)	)	PUNCT
fbem-29708	119	11	(	(	PUNCT
fbem-29708	119	12	-0.86	-0.86	INTJ
fbem-29708	119	13	)	)	PUNCT
fbem-29708	119	14	(	(	PUNCT
fbem-29708	119	15	-0.83	-0.83	X
fbem-29708	119	16	)	)	PUNCT
fbem-29708	119	17	(	(	PUNCT
fbem-29708	119	18	-0.22	-0.22	NUM
fbem-29708	119	19	)	)	PUNCT
fbem-29708	119	20	(	(	PUNCT
fbem-29708	119	21	-0.85	-0.85	NOUN
fbem-29708	119	22	)	)	PUNCT
fbem-29708	119	23	nskewt	nskewt	VERB
fbem-29708	119	24	0.033	0.033	NUM
fbem-29708	119	25	*	*	PUNCT
fbem-29708	119	26	*	*	PUNCT
fbem-29708	119	27	*	*	PUNCT
fbem-29708	119	28	0.015	0.015	NUM
fbem-29708	119	29	*	*	PUNCT
fbem-29708	119	30	*	*	PUNCT
fbem-29708	119	31	*	*	PUNCT
fbem-29708	119	32	0.017	0.017	NUM
fbem-29708	119	33	*	*	PUNCT
fbem-29708	119	34	*	*	PUNCT
fbem-29708	119	35	*	*	PUNCT
fbem-29708	119	36	0.033	0.033	NUM
fbem-29708	119	37	*	*	PUNCT
fbem-29708	119	38	*	*	PUNCT
fbem-29708	119	39	*	*	PUNCT
fbem-29708	119	40	0.015	0.015	NUM
fbem-29708	119	41	*	*	PUNCT
fbem-29708	119	42	*	*	PUNCT
fbem-29708	119	43	*	*	PUNCT
fbem-29708	119	44	0.017	0.017	NUM
fbem-29708	119	45	*	*	PUNCT
fbem-29708	119	46	*	*	PUNCT
fbem-29708	119	47	*	*	PUNCT
fbem-29708	119	48	(	(	PUNCT
fbem-29708	119	49	5.01	5.01	NUM
fbem-29708	119	50	)	)	PUNCT
fbem-29708	119	51	(	(	PUNCT
fbem-29708	119	52	5.20	5.20	NUM
fbem-29708	119	53	)	)	PUNCT
fbem-29708	119	54	(	(	PUNCT
fbem-29708	119	55	3.36	3.36	NUM
fbem-29708	119	56	)	)	PUNCT
fbem-29708	119	57	(	(	PUNCT
fbem-29708	119	58	5.03	5.03	NUM
fbem-29708	119	59	)	)	PUNCT
fbem-29708	119	60	(	(	PUNCT
fbem-29708	119	61	5.21	5.21	NUM
fbem-29708	119	62	)	)	PUNCT
fbem-29708	119	63	(	(	PUNCT
fbem-29708	119	64	3.36	3.36	NUM
fbem-29708	119	65	)	)	PUNCT
fbem-29708	119	66	sigmat	sigmat	NOUN
fbem-29708	119	67	0.347	0.347	NUM
fbem-29708	119	68	0.888	0.888	NUM
fbem-29708	119	69	*	*	SYM
fbem-29708	119	70	3.832	3.832	NUM
fbem-29708	119	71	*	*	PUNCT
fbem-29708	119	72	*	*	PUNCT
fbem-29708	119	73	*	*	X
fbem-29708	119	74	0.345	0.345	NUM
fbem-29708	119	75	0.889	0.889	NUM
fbem-29708	119	76	*	*	PUNCT
fbem-29708	119	77	3.846	3.846	NUM
fbem-29708	119	78	*	*	PUNCT
fbem-29708	119	79	*	*	PUNCT
fbem-29708	119	80	*	*	PUNCT
fbem-29708	119	81	(	(	PUNCT
fbem-29708	119	82	0.30	0.30	NUM
fbem-29708	119	83	)	)	PUNCT
fbem-29708	119	84	(	(	PUNCT
fbem-29708	119	85	1.80	1.80	NUM
fbem-29708	119	86	)	)	PUNCT
fbem-29708	119	87	(	(	PUNCT
fbem-29708	119	88	4.59	4.59	NUM
fbem-29708	119	89	)	)	PUNCT
fbem-29708	119	90	(	(	PUNCT
fbem-29708	119	91	0.30	0.30	NUM
fbem-29708	119	92	)	)	PUNCT
fbem-29708	119	93	(	(	PUNCT
fbem-29708	119	94	1.80	1.80	NUM
fbem-29708	119	95	)	)	PUNCT
fbem-29708	119	96	(	(	PUNCT
fbem-29708	119	97	4.60	4.60	NUM
fbem-29708	119	98	)	)	PUNCT
fbem-29708	119	99	rett	rett	NOUN
fbem-29708	119	100	2.242	2.242	NUM
fbem-29708	119	101	*	*	PUNCT
fbem-29708	119	102	*	*	PUNCT
fbem-29708	119	103	*	*	PUNCT
fbem-29708	119	104	0.774	0.774	NUM
fbem-29708	119	105	*	*	PUNCT
fbem-29708	119	106	*	*	PUNCT
fbem-29708	119	107	*	*	PUNCT
fbem-29708	119	108	1.309	1.309	NUM
fbem-29708	119	109	*	*	PUNCT
fbem-29708	119	110	*	*	PUNCT
fbem-29708	119	111	*	*	PUNCT
fbem-29708	119	112	2.241	2.241	NUM
fbem-29708	119	113	*	*	NOUN
fbem-29708	119	114	*	*	PUNCT
fbem-29708	119	115	*	*	PUNCT
fbem-29708	119	116	0.774	0.774	NUM
fbem-29708	119	117	*	*	PUNCT
fbem-29708	119	118	*	*	PUNCT
fbem-29708	119	119	*	*	PUNCT
fbem-29708	120	1	1.311	1.311	NUM
fbem-29708	120	2	*	*	NOUN
fbem-29708	120	3	*	*	PUNCT
fbem-29708	120	4	*	*	PUNCT
fbem-29708	120	5	(	(	PUNCT
fbem-29708	120	6	11.10	11.10	NUM
fbem-29708	120	7	)	)	PUNCT
fbem-29708	120	8	(	(	PUNCT
fbem-29708	120	9	9.64	9.64	NUM
fbem-29708	120	10	)	)	PUNCT
fbem-29708	120	11	(	(	PUNCT
fbem-29708	120	12	9.44	9.44	NUM
fbem-29708	120	13	)	)	PUNCT
fbem-29708	120	14	(	(	PUNCT
fbem-29708	120	15	11.09	11.09	NUM
fbem-29708	120	16	)	)	PUNCT
fbem-29708	120	17	(	(	PUNCT
fbem-29708	120	18	9.64	9.64	NUM
fbem-29708	120	19	)	)	PUNCT
fbem-29708	120	20	(	(	PUNCT
fbem-29708	120	21	9.45	9.45	NUM
fbem-29708	120	22	)	)	PUNCT
fbem-29708	120	23	constant	constant	ADJ
fbem-29708	120	24	1.241	1.241	NUM
fbem-29708	120	25	*	*	PUNCT
fbem-29708	120	26	*	*	PUNCT
fbem-29708	120	27	*	*	PUNCT
fbem-29708	120	28	1.342	1.342	NUM
fbem-29708	120	29	*	*	PUNCT
fbem-29708	120	30	*	*	PUNCT
fbem-29708	120	31	*	*	PUNCT
fbem-29708	120	32	0.538	0.538	NUM
fbem-29708	120	33	*	*	PUNCT
fbem-29708	120	34	*	*	PUNCT
fbem-29708	120	35	*	*	PUNCT
fbem-29708	120	36	1.249	1.249	NUM
fbem-29708	120	37	*	*	PUNCT
fbem-29708	120	38	*	*	PUNCT
fbem-29708	120	39	*	*	PUNCT
fbem-29708	120	40	1.344	1.344	NUM
fbem-29708	120	41	*	*	PUNCT
fbem-29708	120	42	*	*	PUNCT
fbem-29708	120	43	*	*	PUNCT
fbem-29708	120	44	0.536	0.536	NUM
fbem-29708	120	45	*	*	PUNCT
fbem-29708	120	46	*	*	PUNCT
fbem-29708	120	47	*	*	PUNCT
fbem-29708	120	48	(	(	PUNCT
fbem-29708	120	49	8.88	8.88	NUM
fbem-29708	120	50	)	)	PUNCT
fbem-29708	120	51	(	(	PUNCT
fbem-29708	120	52	22.22	22.22	NUM
fbem-29708	120	53	)	)	PUNCT
fbem-29708	120	54	(	(	PUNCT
fbem-29708	120	55	5.17	5.17	NUM
fbem-29708	120	56	)	)	PUNCT
fbem-29708	120	57	(	(	PUNCT
fbem-29708	120	58	8.92	8.92	NUM
fbem-29708	120	59	)	)	PUNCT
fbem-29708	120	60	(	(	PUNCT
fbem-29708	120	61	22.24	22.24	NUM
fbem-29708	120	62	)	)	PUNCT
fbem-29708	120	63	(	(	PUNCT
fbem-29708	120	64	5.15	5.15	NUM
fbem-29708	120	65	)	)	PUNCT
fbem-29708	120	66	observations	observation	NOUN
fbem-29708	120	67	26,768	26,768	NUM
fbem-29708	120	68	26,768	26,768	NUM
fbem-29708	120	69	26,768	26,768	NUM
fbem-29708	120	70	26,768	26,768	NUM
fbem-29708	120	71	26,768	26,768	NUM
fbem-29708	120	72	26,768	26,768	NUM
fbem-29708	120	73	adjr2	adjr2	NOUN
fbem-29708	120	74	0.129	0.129	NUM
fbem-29708	120	75	0.097	0.097	NUM
fbem-29708	120	76	0.048	0.048	NUM
fbem-29708	120	77	0.129	0.129	NUM
fbem-29708	120	78	0.097	0.097	NUM
fbem-29708	120	79	0.048	0.048	NUM
fbem-29708	120	80	industry	industry	NOUN
fbem-29708	120	81	fe	fe	PROPN
fbem-29708	120	82	control	control	PROPN
fbem-29708	120	83	control	control	PROPN
fbem-29708	120	84	control	control	PROPN
fbem-29708	120	85	control	control	PROPN
fbem-29708	120	86	control	control	PROPN
fbem-29708	120	87	control	control	PROPN
fbem-29708	120	88	year	year	PROPN
fbem-29708	120	89	fe	fe	PROPN
fbem-29708	120	90	control	control	PROPN
fbem-29708	120	91	control	control	PROPN
fbem-29708	120	92	control	control	PROPN
fbem-29708	120	93	control	control	PROPN
fbem-29708	120	94	control	control	PROPN
fbem-29708	120	95	control	control	PROPN
fbem-29708	120	96	7	7	NUM
fbem-29708	120	97	.	.	PUNCT
fbem-29708	120	98	conclusion	conclusion	NOUN
fbem-29708	120	99	and	and	CCONJ
fbem-29708	120	100	recommendations	recommendation	NOUN
fbem-29708	120	101	7.1	7.1	NUM
fbem-29708	120	102	.	.	PUNCT
fbem-29708	121	1	conclusion	conclusion	NOUN
fbem-29708	121	2	(	(	PUNCT
fbem-29708	121	3	1	1	X
fbem-29708	121	4	)	)	PUNCT
fbem-29708	121	5	the	the	DET
fbem-29708	121	6	analysts	analyst	NOUN
fbem-29708	121	7	in	in	ADP
fbem-29708	121	8	our	our	PRON
fbem-29708	121	9	country	country	NOUN
fbem-29708	121	10	's	's	PART
fbem-29708	121	11	financial	financial	ADJ
fbem-29708	121	12	market	market	NOUN
fbem-29708	121	13	are	be	AUX
fbem-29708	121	14	unable	unable	ADJ
fbem-29708	121	15	to	to	PART
fbem-29708	121	16	fully	fully	ADV
fbem-29708	121	17	perform	perform	VERB
fbem-29708	121	18	their	their	PRON
fbem-29708	121	19	role	role	NOUN
fbem-29708	121	20	as	as	ADP
fbem-29708	121	21	information	information	NOUN
fbem-29708	121	22	intermediaries	intermediary	NOUN
fbem-29708	121	23	,	,	PUNCT
fbem-29708	121	24	failing	fail	VERB
fbem-29708	121	25	to	to	PART
fbem-29708	121	26	act	act	VERB
fbem-29708	121	27	as	as	ADP
fbem-29708	121	28	interpreters	interpreter	NOUN
fbem-29708	121	29	and	and	CCONJ
fbem-29708	121	30	transmitters	transmitter	NOUN
fbem-29708	121	31	of	of	ADP
fbem-29708	121	32	information	information	NOUN
fbem-29708	121	33	between	between	ADP
fbem-29708	121	34	investors	investor	NOUN
fbem-29708	121	35	and	and	CCONJ
fbem-29708	121	36	listed	list	VERB
fbem-29708	121	37	companies	company	NOUN
fbem-29708	121	38	.	.	PUNCT
fbem-29708	122	1	the	the	DET
fbem-29708	122	2	increased	increase	VERB
fbem-29708	122	3	attention	attention	NOUN
fbem-29708	122	4	on	on	ADP
fbem-29708	122	5	analysts	analyst	NOUN
fbem-29708	122	6	may	may	AUX
fbem-29708	122	7	lead	lead	VERB
fbem-29708	122	8	company	company	NOUN
fbem-29708	122	9	decisionmakers	decisionmaker	NOUN
fbem-29708	122	10	to	to	PART
fbem-29708	122	11	make	make	VERB
fbem-29708	122	12	more	more	ADJ
fbem-29708	122	13	decisions	decision	NOUN
fbem-29708	122	14	to	to	PART
fbem-29708	122	15	conceal	conceal	VERB
fbem-29708	122	16	negative	negative	ADJ
fbem-29708	122	17	news	news	NOUN
fbem-29708	122	18	,	,	PUNCT
fbem-29708	122	19	thereby	thereby	ADV
fbem-29708	122	20	increasing	increase	VERB
fbem-29708	122	21	the	the	DET
fbem-29708	122	22	risk	risk	NOUN
fbem-29708	122	23	of	of	ADP
fbem-29708	122	24	a	a	DET
fbem-29708	122	25	stock	stock	NOUN
fbem-29708	122	26	price	price	NOUN
fbem-29708	122	27	collapse	collapse	NOUN
fbem-29708	122	28	for	for	ADP
fbem-29708	122	29	enterprises	enterprise	NOUN
fbem-29708	122	30	.	.	PUNCT
fbem-29708	123	1	(	(	PUNCT
fbem-29708	123	2	2	2	X
fbem-29708	123	3	)	)	PUNCT
fbem-29708	123	4	in	in	ADP
fbem-29708	123	5	regions	region	NOUN
fbem-29708	123	6	with	with	ADP
fbem-29708	123	7	a	a	DET
fbem-29708	123	8	higher	high	ADJ
fbem-29708	123	9	level	level	NOUN
fbem-29708	123	10	of	of	ADP
fbem-29708	123	11	social	social	ADJ
fbem-29708	123	12	trust	trust	NOUN
fbem-29708	123	13	,	,	PUNCT
fbem-29708	123	14	the	the	DET
fbem-29708	123	15	positive	positive	ADJ
fbem-29708	123	16	relationship	relationship	NOUN
fbem-29708	123	17	between	between	ADP
fbem-29708	123	18	analysts	analyst	NOUN
fbem-29708	123	19	'	'	PART
fbem-29708	123	20	attention	attention	NOUN
fbem-29708	123	21	and	and	CCONJ
fbem-29708	123	22	the	the	DET
fbem-29708	123	23	risk	risk	NOUN
fbem-29708	123	24	of	of	ADP
fbem-29708	123	25	stock	stock	NOUN
fbem-29708	123	26	price	price	NOUN
fbem-29708	123	27	crashes	crash	NOUN
fbem-29708	123	28	significantly	significantly	ADV
fbem-29708	123	29	weakens	weaken	VERB
fbem-29708	123	30	.	.	PUNCT
fbem-29708	124	1	this	this	PRON
fbem-29708	124	2	is	be	AUX
fbem-29708	124	3	because	because	SCONJ
fbem-29708	124	4	social	social	ADJ
fbem-29708	124	5	trust	trust	NOUN
fbem-29708	124	6	,	,	PUNCT
fbem-29708	124	7	as	as	ADP
fbem-29708	124	8	an	an	DET
fbem-29708	124	9	informal	informal	ADJ
fbem-29708	124	10	institution	institution	NOUN
fbem-29708	124	11	,	,	PUNCT
fbem-29708	124	12	suppresses	suppress	VERB
fbem-29708	124	13	the	the	DET
fbem-29708	124	14	management	management	NOUN
fbem-29708	124	15	of	of	ADP
fbem-29708	124	16	companies	company	NOUN
fbem-29708	124	17	in	in	ADP
fbem-29708	124	18	these	these	DET
fbem-29708	124	19	regions	region	NOUN
fbem-29708	124	20	from	from	ADP
fbem-29708	124	21	concealing	conceal	VERB
fbem-29708	124	22	negative	negative	ADJ
fbem-29708	124	23	news	news	NOUN
fbem-29708	124	24	,	,	PUNCT
fbem-29708	124	25	thereby	thereby	ADV
fbem-29708	124	26	enhancing	enhance	VERB
fbem-29708	124	27	the	the	DET
fbem-29708	124	28	transparency	transparency	NOUN
fbem-29708	124	29	of	of	ADP
fbem-29708	124	30	corporate	corporate	ADJ
fbem-29708	124	31	information	information	NOUN
fbem-29708	124	32	and	and	CCONJ
fbem-29708	124	33	the	the	DET
fbem-29708	124	34	robustness	robustness	NOUN
fbem-29708	124	35	of	of	ADP
fbem-29708	124	36	accounting	accounting	NOUN
fbem-29708	124	37	,	,	PUNCT
fbem-29708	124	38	which	which	PRON
fbem-29708	124	39	in	in	ADP
fbem-29708	124	40	turn	turn	NOUN
fbem-29708	124	41	reduces	reduce	VERB
fbem-29708	124	42	the	the	DET
fbem-29708	124	43	risk	risk	NOUN
fbem-29708	124	44	of	of	ADP
fbem-29708	124	45	stock	stock	NOUN
fbem-29708	124	46	price	price	NOUN
fbem-29708	124	47	crashes	crash	NOUN
fbem-29708	124	48	for	for	ADP
fbem-29708	124	49	listed	list	VERB
fbem-29708	124	50	companies	company	NOUN
fbem-29708	124	51	in	in	ADP
fbem-29708	124	52	these	these	DET
fbem-29708	124	53	areas	area	NOUN
fbem-29708	124	54	.	.	PUNCT
fbem-29708	125	1	7.2	7.2	NUM
fbem-29708	125	2	.	.	PUNCT
fbem-29708	125	3	recommendations	recommendation	NOUN
fbem-29708	125	4	(	(	PUNCT
fbem-29708	125	5	1	1	X
fbem-29708	125	6	)	)	PUNCT
fbem-29708	125	7	currently	currently	ADV
fbem-29708	125	8	,	,	PUNCT
fbem-29708	125	9	analysts	analyst	NOUN
fbem-29708	125	10	in	in	ADP
fbem-29708	125	11	our	our	PRON
fbem-29708	125	12	country	country	NOUN
fbem-29708	125	13	merely	merely	ADV
fbem-29708	125	14	serve	serve	VERB
fbem-29708	125	15	the	the	DET
fbem-29708	125	16	role	role	NOUN
fbem-29708	125	17	of	of	ADP
fbem-29708	125	18	conveying	convey	VERB
fbem-29708	125	19	information	information	NOUN
fbem-29708	125	20	from	from	ADP
fbem-29708	125	21	the	the	DET
fbem-29708	125	22	capital	capital	NOUN
fbem-29708	125	23	market	market	NOUN
fbem-29708	125	24	,	,	PUNCT
fbem-29708	125	25	and	and	CCONJ
fbem-29708	125	26	are	be	AUX
fbem-29708	125	27	unable	unable	ADJ
fbem-29708	125	28	to	to	PART
fbem-29708	125	29	effectively	effectively	ADV
fbem-29708	125	30	analyze	analyze	VERB
fbem-29708	125	31	and	and	CCONJ
fbem-29708	125	32	interpret	interpret	VERB
fbem-29708	125	33	this	this	DET
fbem-29708	125	34	information	information	NOUN
fbem-29708	125	35	,	,	PUNCT
fbem-29708	125	36	thereby	thereby	ADV
fbem-29708	125	37	failing	fail	VERB
fbem-29708	125	38	to	to	PART
fbem-29708	125	39	fully	fully	ADV
fbem-29708	125	40	exert	exert	VERB
fbem-29708	125	41	their	their	PRON
fbem-29708	125	42	role	role	NOUN
fbem-29708	125	43	as	as	ADP
fbem-29708	125	44	supervisors	supervisor	NOUN
fbem-29708	125	45	.	.	PUNCT
fbem-29708	126	1	it	it	PRON
fbem-29708	126	2	is	be	AUX
fbem-29708	126	3	necessary	necessary	ADJ
fbem-29708	126	4	to	to	PART
fbem-29708	126	5	enhance	enhance	VERB
fbem-29708	126	6	the	the	DET
fbem-29708	126	7	professionalism	professionalism	NOUN
fbem-29708	126	8	of	of	ADP
fbem-29708	126	9	analysts	analyst	NOUN
fbem-29708	126	10	,	,	PUNCT
fbem-29708	126	11	strengthen	strengthen	VERB
fbem-29708	126	12	the	the	DET
fbem-29708	126	13	regulation	regulation	NOUN
fbem-29708	126	14	of	of	ADP
fbem-29708	126	15	analysts	analyst	NOUN
fbem-29708	126	16	,	,	PUNCT
fbem-29708	126	17	and	and	CCONJ
fbem-29708	126	18	establish	establish	VERB
fbem-29708	126	19	their	their	PRON
fbem-29708	126	20	authority	authority	NOUN
fbem-29708	126	21	and	and	CCONJ
fbem-29708	126	22	credibility	credibility	NOUN
fbem-29708	126	23	.	.	PUNCT
fbem-29708	127	1	(	(	PUNCT
fbem-29708	127	2	2	2	X
fbem-29708	127	3	)	)	PUNCT
fbem-29708	127	4	regional	regional	ADJ
fbem-29708	127	5	social	social	ADJ
fbem-29708	127	6	trust	trust	NOUN
fbem-29708	127	7	,	,	PUNCT
fbem-29708	127	8	as	as	ADP
fbem-29708	127	9	an	an	DET
fbem-29708	127	10	external	external	ADJ
fbem-29708	127	11	institution	institution	NOUN
fbem-29708	127	12	,	,	PUNCT
fbem-29708	127	13	can	can	AUX
fbem-29708	127	14	reduce	reduce	VERB
fbem-29708	127	15	information	information	NOUN
fbem-29708	127	16	asymmetry	asymmetry	NOUN
fbem-29708	127	17	,	,	PUNCT
fbem-29708	127	18	inhibit	inhibit	NOUN
fbem-29708	127	19	management	management	NOUN
fbem-29708	127	20	's	's	PART
fbem-29708	127	21	behavior	behavior	NOUN
fbem-29708	127	22	of	of	ADP
fbem-29708	127	23	concealing	conceal	VERB
fbem-29708	127	24	adverse	adverse	ADJ
fbem-29708	127	25	information	information	NOUN
fbem-29708	127	26	,	,	PUNCT
fbem-29708	127	27	enhance	enhance	VERB
fbem-29708	127	28	the	the	DET
fbem-29708	127	29	transparency	transparency	NOUN
fbem-29708	127	30	of	of	ADP
fbem-29708	127	31	accounting	accounting	NOUN
fbem-29708	127	32	information	information	NOUN
fbem-29708	127	33	,	,	PUNCT
fbem-29708	127	34	and	and	CCONJ
fbem-29708	127	35	thereby	thereby	ADV
fbem-29708	127	36	reduce	reduce	VERB
fbem-29708	127	37	the	the	DET
fbem-29708	127	38	risk	risk	NOUN
fbem-29708	127	39	of	of	ADP
fbem-29708	127	40	abnormal	abnormal	ADJ
fbem-29708	127	41	declines	decline	NOUN
fbem-29708	127	42	in	in	ADP
fbem-29708	127	43	stock	stock	NOUN
fbem-29708	127	44	prices	price	NOUN
fbem-29708	127	45	.	.	PUNCT
fbem-29708	128	1	therefore	therefore	ADV
fbem-29708	128	2	,	,	PUNCT
fbem-29708	128	3	it	it	PRON
fbem-29708	128	4	is	be	AUX
fbem-29708	128	5	necessary	necessary	ADJ
fbem-29708	128	6	to	to	PART
fbem-29708	128	7	maintain	maintain	VERB
fbem-29708	128	8	a	a	DET
fbem-29708	128	9	positive	positive	ADJ
fbem-29708	128	10	relationship	relationship	NOUN
fbem-29708	128	11	between	between	ADP
fbem-29708	128	12	social	social	ADJ
fbem-29708	128	13	trust	trust	NOUN
fbem-29708	128	14	,	,	PUNCT
fbem-29708	128	15	the	the	DET
fbem-29708	128	16	quality	quality	NOUN
fbem-29708	128	17	of	of	ADP
fbem-29708	128	18	corporate	corporate	ADJ
fbem-29708	128	19	governance	governance	NOUN
fbem-29708	128	20	,	,	PUNCT
fbem-29708	128	21	investor	investor	NOUN
fbem-29708	128	22	protection	protection	NOUN
fbem-29708	128	23	,	,	PUNCT
fbem-29708	128	24	and	and	CCONJ
fbem-29708	128	25	the	the	DET
fbem-29708	128	26	degree	degree	NOUN
fbem-29708	128	27	of	of	ADP
fbem-29708	128	28	improvement	improvement	NOUN
fbem-29708	128	29	of	of	ADP
fbem-29708	128	30	formal	formal	ADJ
fbem-29708	128	31	systems	system	NOUN
fbem-29708	128	32	,	,	PUNCT
fbem-29708	128	33	in	in	ADP
fbem-29708	128	34	order	order	NOUN
fbem-29708	128	35	to	to	PART
fbem-29708	128	36	uphold	uphold	VERB
fbem-29708	128	37	the	the	DET
fbem-29708	128	38	stability	stability	NOUN
fbem-29708	128	39	of	of	ADP
fbem-29708	128	40	the	the	DET
fbem-29708	128	41	capital	capital	NOUN
fbem-29708	128	42	market	market	NOUN
fbem-29708	128	43	.	.	PUNCT
fbem-29708	129	1	215	215	NUM
fbem-29708	129	2	references	reference	NOUN
fbem-29708	129	3	[	[	X
fbem-29708	129	4	1	1	NUM
fbem-29708	129	5	]	]	PUNCT
fbem-29708	129	6	amy	amy	PROPN
fbem-29708	129	7	p.	p.	PROPN
fbem-29708	129	8	hutton	hutton	PROPN
fbem-29708	129	9	,	,	PUNCT
fbem-29708	129	10	alan	alan	PROPN
fbem-29708	129	11	j.	j.	PROPN
fbem-29708	129	12	marcus	marcus	PROPN
fbem-29708	129	13	,	,	PUNCT
fbem-29708	129	14	hassan	hassan	PROPN
fbem-29708	129	15	tehranian	tehranian	NOUN
fbem-29708	129	16	,	,	PUNCT
fbem-29708	129	17	opaque	opaque	ADJ
fbem-29708	129	18	financial	financial	ADJ
fbem-29708	129	19	reports	report	NOUN
fbem-29708	129	20	,	,	PUNCT
fbem-29708	129	21	r2	r2	NOUN
fbem-29708	129	22	,	,	PUNCT
fbem-29708	129	23	and	and	CCONJ
fbem-29708	129	24	crash	crash	NOUN
fbem-29708	129	25	risk[j	risk[j	NOUN
fbem-29708	129	26	]	]	PUNCT
fbem-29708	129	27	,	,	PUNCT
fbem-29708	129	28	journal	journal	NOUN
fbem-29708	129	29	of	of	ADP
fbem-29708	129	30	financial	financial	ADJ
fbem-29708	129	31	economics	economic	NOUN
fbem-29708	129	32	,	,	PUNCT
fbem-29708	129	33	2009	2009	NUM
fbem-29708	129	34	[	[	X
fbem-29708	129	35	2	2	NUM
fbem-29708	129	36	]	]	PUNCT
fbem-29708	129	37	chunfang	chunfang	PROPN
fbem-29708	129	38	cao	cao	PROPN
fbem-29708	129	39	,	,	PUNCT
fbem-29708	129	40	changyuan	changyuan	PROPN
fbem-29708	129	41	xia	xia	PROPN
fbem-29708	129	42	,	,	PUNCT
fbem-29708	129	43	kam	kam	PROPN
fbem-29708	129	44	c.	c.	PROPN
fbem-29708	129	45	chan	chan	PROPN
fbem-29708	129	46	,	,	PUNCT
fbem-29708	129	47	social	social	ADJ
fbem-29708	129	48	trust	trust	NOUN
fbem-29708	129	49	and	and	CCONJ
fbem-29708	129	50	stock	stock	NOUN
fbem-29708	129	51	price	price	NOUN
fbem-29708	129	52	crash	crash	NOUN
fbem-29708	129	53	risk	risk	NOUN
fbem-29708	129	54	:	:	PUNCT
fbem-29708	129	55	evidence	evidence	NOUN
fbem-29708	129	56	from	from	ADP
fbem-29708	129	57	china[j	china[j	PROPN
fbem-29708	129	58	]	]	PUNCT
fbem-29708	129	59	.	.	PUNCT
fbem-29708	130	1	international	international	ADJ
fbem-29708	130	2	review	review	PROPN
fbem-29708	130	3	of	of	ADP
fbem-29708	130	4	economics	economics	PROPN
fbem-29708	130	5	&	&	CCONJ
fbem-29708	130	6	finance	finance	PROPN
fbem-29708	130	7	,	,	PUNCT
fbem-29708	130	8	2016	2016	NUM
fbem-29708	130	9	[	[	X
fbem-29708	130	10	3	3	NUM
fbem-29708	130	11	]	]	X
fbem-29708	130	12	cui	cui	NOUN
fbem-29708	130	13	bing	bing	NOUN
fbem-29708	130	14	,	,	PUNCT
fbem-29708	130	15	san	san	PROPN
fbem-29708	130	16	chongwen	chongwen	PROPN
fbem-29708	130	17	.	.	PUNCT
fbem-29708	131	1	media	medium	NOUN
fbem-29708	131	2	reports	report	NOUN
fbem-29708	131	3	,	,	PUNCT
fbem-29708	131	4	analyst	analyst	NOUN
fbem-29708	131	5	attention	attention	NOUN
fbem-29708	131	6	,	,	PUNCT
fbem-29708	131	7	and	and	CCONJ
fbem-29708	131	8	the	the	DET
fbem-29708	131	9	risk	risk	NOUN
fbem-29708	131	10	of	of	ADP
fbem-29708	131	11	stock	stock	NOUN
fbem-29708	131	12	price	price	NOUN
fbem-29708	131	13	collapse[j	collapse[j	NOUN
fbem-29708	131	14	]	]	PUNCT
fbem-29708	131	15	.	.	PUNCT
fbem-29708	132	1	journal	journal	PROPN
fbem-29708	132	2	of	of	ADP
fbem-29708	132	3	hubei	hubei	PROPN
fbem-29708	132	4	university	university	PROPN
fbem-29708	132	5	of	of	ADP
fbem-29708	132	6	technology	technology	NOUN
fbem-29708	132	7	,	,	PUNCT
fbem-29708	132	8	2022	2022	NUM
fbem-29708	132	9	,	,	PUNCT
fbem-29708	132	10	37	37	NUM
fbem-29708	132	11	(	(	PUNCT
fbem-29708	132	12	06	06	NUM
fbem-29708	132	13	):	):	PUNCT
fbem-29708	132	14	43	43	NUM
fbem-29708	132	15	-	-	SYM
fbem-29708	132	16	48	48	NUM
fbem-29708	132	17	.	.	PUNCT
fbem-29708	133	1	[	[	X
fbem-29708	133	2	4	4	X
fbem-29708	133	3	]	]	X
fbem-29708	133	4	degeorge	degeorge	NOUN
fbem-29708	133	5	f	f	PROPN
fbem-29708	133	6	,	,	PUNCT
fbem-29708	133	7	ding	de	VERB
fbem-29708	133	8	y	y	PROPN
fbem-29708	133	9	,	,	PUNCT
fbem-29708	133	10	jeanjean	jeanjean	PROPN
fbem-29708	133	11	t	t	PROPN
fbem-29708	133	12	,	,	PUNCT
fbem-29708	133	13	et	et	PROPN
fbem-29708	134	1	al	al	PROPN
fbem-29708	134	2	.	.	PROPN
fbem-29708	135	1	analyst	analyst	NOUN
fbem-29708	135	2	coverage	coverage	NOUN
fbem-29708	135	3	,	,	PUNCT
fbem-29708	135	4	earnings	earning	NOUN
fbem-29708	135	5	management	management	NOUN
fbem-29708	135	6	and	and	CCONJ
fbem-29708	135	7	financial	financial	ADJ
fbem-29708	135	8	development	development	NOUN
fbem-29708	135	9	:	:	PUNCT
fbem-29708	135	10	an	an	DET
fbem-29708	135	11	international	international	ADJ
fbem-29708	135	12	study[j	study[j	NOUN
fbem-29708	135	13	]	]	PUNCT
fbem-29708	135	14	.	.	PUNCT
fbem-29708	136	1	journal	journal	PROPN
fbem-29708	136	2	of	of	ADP
fbem-29708	136	3	accounting	accounting	NOUN
fbem-29708	136	4	and	and	CCONJ
fbem-29708	136	5	public	public	ADJ
fbem-29708	136	6	policy	policy	NOUN
fbem-29708	136	7	,	,	PUNCT
fbem-29708	136	8	2013	2013	NUM
fbem-29708	136	9	[	[	X
fbem-29708	136	10	5	5	NUM
fbem-29708	136	11	]	]	X
fbem-29708	136	12	han	han	PROPN
fbem-29708	136	13	yanjin	yanjin	PROPN
fbem-29708	136	14	,	,	PUNCT
fbem-29708	136	15	feng	feng	PROPN
fbem-29708	136	16	xiaoqing	xiaoqing	PROPN
fbem-29708	136	17	,	,	PUNCT
fbem-29708	136	18	song	song	NOUN
fbem-29708	136	19	jianbo	jianbo	PROPN
fbem-29708	136	20	.	.	PUNCT
fbem-29708	137	1	analyst	analyst	NOUN
fbem-29708	137	2	attention	attention	NOUN
fbem-29708	137	3	and	and	CCONJ
fbem-29708	137	4	stock	stock	NOUN
fbem-29708	137	5	price	price	NOUN
fbem-29708	137	6	crash	crash	NOUN
fbem-29708	137	7	risk	risk	NOUN
fbem-29708	137	8	based	base	VERB
fbem-29708	137	9	on	on	ADP
fbem-29708	137	10	information	information	NOUN
fbem-29708	137	11	generation	generation	NOUN
fbem-29708	137	12	process[j	process[j	PROPN
fbem-29708	137	13	]	]	PUNCT
fbem-29708	137	14	.	.	PUNCT
fbem-29708	138	1	journal	journal	PROPN
fbem-29708	138	2	of	of	ADP
fbem-29708	138	3	management	management	NOUN
fbem-29708	138	4	,	,	PUNCT
fbem-29708	138	5	2021	2021	NUM
fbem-29708	138	6	[	[	X
fbem-29708	138	7	6	6	NUM
fbem-29708	138	8	]	]	X
fbem-29708	138	9	jeong	jeong	PROPN
fbem-29708	138	10	-	-	PUNCT
fbem-29708	138	11	bon	bon	PROPN
fbem-29708	138	12	kim	kim	PROPN
fbem-29708	138	13	,	,	PUNCT
fbem-29708	138	14	yinghua	yinghua	PROPN
fbem-29708	138	15	li	li	PROPN
fbem-29708	138	16	,	,	PUNCT
fbem-29708	138	17	liandong	liandong	PROPN
fbem-29708	138	18	zhang	zhang	PROPN
fbem-29708	138	19	,	,	PUNCT
fbem-29708	138	20	corporate	corporate	ADJ
fbem-29708	138	21	tax	tax	NOUN
fbem-29708	138	22	avoidance	avoidance	NOUN
fbem-29708	138	23	and	and	CCONJ
fbem-29708	138	24	stock	stock	NOUN
fbem-29708	138	25	price	price	NOUN
fbem-29708	138	26	crash	crash	NOUN
fbem-29708	138	27	risk	risk	NOUN
fbem-29708	138	28	:	:	PUNCT
fbem-29708	138	29	firm	firm	ADJ
fbem-29708	138	30	-	-	PUNCT
fbem-29708	138	31	level	level	NOUN
fbem-29708	138	32	analysis[j	analysis[j	NOUN
fbem-29708	138	33	]	]	PUNCT
fbem-29708	138	34	.	.	PUNCT
fbem-29708	139	1	journal	journal	PROPN
fbem-29708	139	2	of	of	ADP
fbem-29708	139	3	financial	financial	ADJ
fbem-29708	139	4	economics	economic	NOUN
fbem-29708	139	5	,	,	PUNCT
fbem-29708	139	6	2011	2011	NUM
fbem-29708	139	7	[	[	X
fbem-29708	139	8	7	7	NUM
fbem-29708	139	9	]	]	X
fbem-29708	139	10	li	li	PROPN
fbem-29708	139	11	chuntao	chuntao	PROPN
fbem-29708	139	12	,	,	PUNCT
fbem-29708	139	13	zhao	zhao	PROPN
fbem-29708	139	14	yi	yi	PROPN
fbem-29708	139	15	,	,	PUNCT
fbem-29708	139	16	xu	xu	PROPN
fbem-29708	139	17	xin	xin	PROPN
fbem-29708	139	18	,	,	PUNCT
fbem-29708	139	19	li	li	PROPN
fbem-29708	139	20	qingyuan	qingyuan	PROPN
fbem-29708	139	21	.	.	PUNCT
fbem-29708	140	1	pressing	press	VERB
fbem-29708	140	2	the	the	DET
fbem-29708	140	3	gourd	gourd	NOUN
fbem-29708	140	4	and	and	CCONJ
fbem-29708	140	5	floating	float	VERB
fbem-29708	140	6	the	the	DET
fbem-29708	140	7	dipper	dipper	NOUN
fbem-29708	140	8	:	:	PUNCT
fbem-29708	140	9	analyst	analyst	NOUN
fbem-29708	140	10	following	follow	VERB
fbem-29708	140	11	and	and	CCONJ
fbem-29708	140	12	the	the	DET
fbem-29708	140	13	choice	choice	NOUN
fbem-29708	140	14	of	of	ADP
fbem-29708	140	15	earnings	earning	NOUN
fbem-29708	140	16	management	management	NOUN
fbem-29708	140	17	methods[j	methods[j	NOUN
fbem-29708	140	18	]	]	PUNCT
fbem-29708	140	19	.	.	PUNCT
fbem-29708	141	1	financial	financial	ADJ
fbem-29708	141	2	research	research	NOUN
fbem-29708	141	3	,	,	PUNCT
fbem-29708	141	4	2016	2016	NUM
fbem-29708	141	5	,	,	PUNCT
fbem-29708	141	6	(	(	PUNCT
fbem-29708	141	7	04	04	NUM
fbem-29708	141	8	):	):	PUNCT
fbem-29708	141	9	144	144	NUM
fbem-29708	141	10	-	-	SYM
fbem-29708	141	11	157	157	NUM
fbem-29708	141	12	.	.	PUNCT
fbem-29708	142	1	[	[	X
fbem-29708	142	2	8	8	NUM
fbem-29708	142	3	]	]	X
fbem-29708	142	4	li	li	PROPN
fbem-29708	142	5	jin	jin	PROPN
fbem-29708	142	6	,	,	PUNCT
fbem-29708	142	7	stewart	stewart	PROPN
fbem-29708	142	8	c.	c.	PROPN
fbem-29708	142	9	myers	myers	PROPN
fbem-29708	142	10	,	,	PUNCT
fbem-29708	142	11	r2	r2	PROPN
fbem-29708	142	12	around	around	ADP
fbem-29708	142	13	the	the	DET
fbem-29708	142	14	world	world	NOUN
fbem-29708	142	15	:	:	PUNCT
fbem-29708	142	16	new	new	ADJ
fbem-29708	142	17	theory	theory	NOUN
fbem-29708	142	18	and	and	CCONJ
fbem-29708	142	19	new	new	ADJ
fbem-29708	142	20	tests[j	tests[j	NOUN
fbem-29708	142	21	]	]	PUNCT
fbem-29708	142	22	,	,	PUNCT
fbem-29708	142	23	journal	journal	NOUN
fbem-29708	142	24	of	of	ADP
fbem-29708	142	25	financial	financial	ADJ
fbem-29708	142	26	economics	economic	NOUN
fbem-29708	142	27	,	,	PUNCT
fbem-29708	142	28	2006	2006	NUM
fbem-29708	142	29	[	[	X
fbem-29708	142	30	9	9	NUM
fbem-29708	142	31	]	]	X
fbem-29708	142	32	liang	liang	PROPN
fbem-29708	142	33	quanxi	quanxi	PROPN
fbem-29708	142	34	,	,	PUNCT
fbem-29708	142	35	zeng	zeng	PROPN
fbem-29708	142	36	haijian	haijian	PROPN
fbem-29708	142	37	.	.	PUNCT
fbem-29708	143	1	reform	reform	NOUN
fbem-29708	143	2	of	of	ADP
fbem-29708	143	3	the	the	DET
fbem-29708	143	4	independent	independent	ADJ
fbem-29708	143	5	director	director	NOUN
fbem-29708	143	6	system	system	NOUN
fbem-29708	143	7	,	,	PUNCT
fbem-29708	143	8	independence	independence	NOUN
fbem-29708	143	9	of	of	ADP
fbem-29708	143	10	independent	independent	ADJ
fbem-29708	143	11	directors	director	NOUN
fbem-29708	143	12	,	,	PUNCT
fbem-29708	143	13	and	and	CCONJ
fbem-29708	143	14	stock	stock	NOUN
fbem-29708	143	15	price	price	NOUN
fbem-29708	143	16	crash	crash	NOUN
fbem-29708	143	17	risk[j	risk[j	NOUN
fbem-29708	143	18	]	]	PUNCT
fbem-29708	143	19	.	.	PUNCT
fbem-29708	144	1	management	management	NOUN
fbem-29708	144	2	world	world	NOUN
fbem-29708	144	3	,	,	PUNCT
fbem-29708	144	4	2016	2016	NUM
fbem-29708	144	5	,	,	PUNCT
fbem-29708	144	6	(	(	PUNCT
fbem-29708	144	7	03	03	NUM
fbem-29708	144	8	):	):	PUNCT
fbem-29708	144	9	144	144	NUM
fbem-29708	144	10	-	-	SYM
fbem-29708	144	11	159	159	NUM
fbem-29708	144	12	.	.	PUNCT
fbem-29708	145	1	[	[	X
fbem-29708	145	2	10	10	NUM
fbem-29708	145	3	]	]	X
fbem-29708	145	4	liu	liu	PROPN
fbem-29708	145	5	baohua	baohua	PROPN
fbem-29708	145	6	,	,	PUNCT
fbem-29708	145	7	luo	luo	PROPN
fbem-29708	145	8	hong	hong	PROPN
fbem-29708	145	9	,	,	PUNCT
fbem-29708	145	10	zhou	zhou	PROPN
fbem-29708	145	11	wei	wei	PROPN
fbem-29708	145	12	,	,	PUNCT
fbem-29708	145	13	yang	yang	PROPN
fbem-29708	145	14	xing	xing	PROPN
fbem-29708	145	15	.	.	PUNCT
fbem-29708	146	1	social	social	ADJ
fbem-29708	146	2	trust	trust	PROPN
fbem-29708	146	3	and	and	CCONJ
fbem-29708	146	4	stock	stock	NOUN
fbem-29708	146	5	price	price	NOUN
fbem-29708	146	6	crash	crash	NOUN
fbem-29708	146	7	risk[j	risk[j	NOUN
fbem-29708	146	8	]	]	PUNCT
fbem-29708	146	9	.	.	PUNCT
fbem-29708	147	1	journal	journal	PROPN
fbem-29708	147	2	of	of	ADP
fbem-29708	147	3	finance	finance	NOUN
fbem-29708	147	4	and	and	CCONJ
fbem-29708	147	5	economics	economic	NOUN
fbem-29708	147	6	,	,	PUNCT
fbem-29708	147	7	2016	2016	NUM
fbem-29708	147	8	,	,	PUNCT
fbem-29708	147	9	(	(	PUNCT
fbem-29708	147	10	09	09	NUM
fbem-29708	147	11	):	):	PUNCT
fbem-29708	147	12	53	53	NUM
fbem-29708	147	13	-	-	SYM
fbem-29708	147	14	66	66	NUM
fbem-29708	147	15	.	.	PUNCT
fbem-29708	148	1	[	[	X
fbem-29708	148	2	11	11	NUM
fbem-29708	148	3	]	]	X
fbem-29708	148	4	meng	meng	PROPN
fbem-29708	148	5	qingbin	qingbin	PROPN
fbem-29708	148	6	,	,	PUNCT
fbem-29708	148	7	yang	yang	PROPN
fbem-29708	148	8	junhua	junhua	PROPN
fbem-29708	148	9	,	,	PUNCT
fbem-29708	148	10	and	and	CCONJ
fbem-29708	148	11	lu	lu	PROPN
fbem-29708	148	12	bing	bing	NOUN
fbem-29708	148	13	.	.	PUNCT
fbem-29708	149	1	the	the	DET
fbem-29708	149	2	information	information	NOUN
fbem-29708	149	3	content	content	NOUN
fbem-29708	149	4	of	of	ADP
fbem-29708	149	5	management	management	NOUN
fbem-29708	149	6	discussion	discussion	NOUN
fbem-29708	149	7	and	and	CCONJ
fbem-29708	149	8	analysis	analysis	NOUN
fbem-29708	149	9	disclosure	disclosure	NOUN
fbem-29708	149	10	and	and	CCONJ
fbem-29708	149	11	stock	stock	NOUN
fbem-29708	149	12	price	price	NOUN
fbem-29708	149	13	crash	crash	NOUN
fbem-29708	149	14	risk	risk	NOUN
fbem-29708	149	15	:	:	PUNCT
fbem-29708	149	16	a	a	DET
fbem-29708	149	17	study	study	NOUN
fbem-29708	149	18	based	base	VERB
fbem-29708	149	19	on	on	ADP
fbem-29708	149	20	text	text	NOUN
fbem-29708	149	21	vectorization	vectorization	NOUN
fbem-29708	149	22	methods	method	NOUN
fbem-29708	149	23	[	[	X
fbem-29708	149	24	j	j	X
fbem-29708	149	25	]	]	X
fbem-29708	149	26	.	.	PUNCT
fbem-29708	150	1	china	china	PROPN
fbem-29708	150	2	industrial	industrial	PROPN
fbem-29708	150	3	economics	economic	NOUN
fbem-29708	150	4	,	,	PUNCT
fbem-29708	150	5	2017	2017	NUM
fbem-29708	150	6	,	,	PUNCT
fbem-29708	150	7	(	(	PUNCT
fbem-29708	150	8	12	12	NUM
fbem-29708	150	9	):	):	PUNCT
fbem-29708	150	10	132	132	NUM
fbem-29708	150	11	-	-	SYM
fbem-29708	150	12	150	150	NUM
fbem-29708	150	13	.	.	PUNCT
fbem-29708	151	1	[	[	X
fbem-29708	151	2	12	12	NUM
fbem-29708	151	3	]	]	X
fbem-29708	151	4	nie	nie	PROPN
fbem-29708	151	5	jun	jun	PROPN
fbem-29708	151	6	,	,	PUNCT
fbem-29708	151	7	ran	run	VERB
fbem-29708	151	8	rong	rong	PROPN
fbem-29708	151	9	.	.	PUNCT
fbem-29708	152	1	social	social	PROPN
fbem-29708	152	2	trust	trust	NOUN
fbem-29708	152	3	in	in	ADP
fbem-29708	152	4	regional	regional	ADJ
fbem-29708	152	5	society	society	NOUN
fbem-29708	152	6	and	and	CCONJ
fbem-29708	152	7	the	the	DET
fbem-29708	152	8	fulfillment	fulfillment	NOUN
fbem-29708	152	9	of	of	ADP
fbem-29708	152	10	corporate	corporate	ADJ
fbem-29708	152	11	social	social	ADJ
fbem-29708	152	12	responsibility	responsibility	NOUN
fbem-29708	152	13	by	by	ADP
fbem-29708	152	14	business	business	NOUN
fbem-29708	152	15	clients	client	NOUN
fbem-29708	153	1	[	[	X
fbem-29708	153	2	j	j	X
fbem-29708	153	3	]	]	X
fbem-29708	153	4	.	.	PUNCT
fbem-29708	154	1	journal	journal	PROPN
fbem-29708	154	2	of	of	ADP
fbem-29708	154	3	zhongnan	zhongnan	PROPN
fbem-29708	154	4	university	university	PROPN
fbem-29708	154	5	of	of	ADP
fbem-29708	154	6	economics	economic	NOUN
fbem-29708	154	7	and	and	CCONJ
fbem-29708	154	8	law	law	NOUN
fbem-29708	154	9	,	,	PUNCT
fbem-29708	154	10	2020	2020	NUM
fbem-29708	154	11	,	,	PUNCT
fbem-29708	154	12	(	(	PUNCT
fbem-29708	154	13	05	05	NUM
fbem-29708	154	14	):	):	PUNCT
fbem-29708	154	15	137	137	NUM
fbem-29708	154	16	-	-	SYM
fbem-29708	154	17	146	146	NUM
fbem-29708	154	18	+	+	NOUN
fbem-29708	154	19	160	160	NUM
fbem-29708	154	20	.	.	PUNCT
fbem-29708	155	1	[	[	X
fbem-29708	155	2	13	13	NUM
fbem-29708	155	3	]	]	PUNCT
fbem-29708	155	4	pan	pan	PROPN
fbem-29708	155	5	yue	yue	PROPN
fbem-29708	155	6	,	,	PUNCT
fbem-29708	155	7	dai	dai	PROPN
fbem-29708	155	8	yiyi	yiyi	PROPN
fbem-29708	155	9	,	,	PUNCT
fbem-29708	155	10	lin	lin	PROPN
fbem-29708	155	11	chaoqun	chaoqun	PROPN
fbem-29708	155	12	.	.	PUNCT
fbem-29708	156	1	information	information	NOUN
fbem-29708	156	2	opacity	opacity	NOUN
fbem-29708	156	3	,	,	PUNCT
fbem-29708	156	4	analyst	analyst	NOUN
fbem-29708	156	5	coverage	coverage	NOUN
fbem-29708	156	6	,	,	PUNCT
fbem-29708	156	7	and	and	CCONJ
fbem-29708	156	8	individual	individual	ADJ
fbem-29708	156	9	stock	stock	NOUN
fbem-29708	156	10	crash	crash	NOUN
fbem-29708	156	11	risk[j	risk[j	NOUN
fbem-29708	156	12	]	]	PUNCT
fbem-29708	156	13	.	.	PUNCT
fbem-29708	157	1	financial	financial	ADJ
fbem-29708	157	2	research	research	NOUN
fbem-29708	157	3	,	,	PUNCT
fbem-29708	157	4	2011	2011	NUM
fbem-29708	157	5	,	,	PUNCT
fbem-29708	157	6	(	(	PUNCT
fbem-29708	157	7	09	09	NUM
fbem-29708	157	8	):	):	PUNCT
fbem-29708	157	9	138	138	NUM
fbem-29708	157	10	-	-	SYM
fbem-29708	157	11	151	151	NUM
fbem-29708	157	12	.	.	PUNCT
fbem-29708	158	1	[	[	X
fbem-29708	158	2	14	14	NUM
fbem-29708	158	3	]	]	X
fbem-29708	158	4	pei	pei	PROPN
fbem-29708	158	5	ping	ping	PROPN
fbem-29708	158	6	,	,	PUNCT
fbem-29708	158	7	fu	fu	PROPN
fbem-29708	158	8	shun	shun	PROPN
fbem-29708	158	9	,	,	PUNCT
fbem-29708	158	10	zhu	zhu	PROPN
fbem-29708	158	11	hongbing	hongbing	NOUN
fbem-29708	158	12	.	.	PUNCT
fbem-29708	159	1	analyst	analyst	NOUN
fbem-29708	159	2	coverage	coverage	NOUN
fbem-29708	159	3	,	,	PUNCT
fbem-29708	159	4	cash	cash	NOUN
fbem-29708	159	5	flow	flow	NOUN
fbem-29708	159	6	risk	risk	NOUN
fbem-29708	159	7	,	,	PUNCT
fbem-29708	159	8	and	and	CCONJ
fbem-29708	159	9	stock	stock	NOUN
fbem-29708	159	10	price	price	NOUN
fbem-29708	159	11	crash[j	crash[j	PROPN
fbem-29708	159	12	]	]	PUNCT
fbem-29708	159	13	.	.	PUNCT
fbem-29708	160	1	journal	journal	PROPN
fbem-29708	160	2	of	of	ADP
fbem-29708	160	3	east	east	PROPN
fbem-29708	160	4	china	china	PROPN
fbem-29708	160	5	normal	normal	PROPN
fbem-29708	160	6	university	university	NOUN
fbem-29708	160	7	(	(	PUNCT
fbem-29708	160	8	philosophy	philosophy	NOUN
fbem-29708	160	9	and	and	CCONJ
fbem-29708	160	10	social	social	ADJ
fbem-29708	160	11	sciences	science	NOUN
fbem-29708	160	12	edition	edition	NOUN
fbem-29708	160	13	)	)	PUNCT
fbem-29708	160	14	,	,	PUNCT
fbem-29708	160	15	2021	2021	NUM
fbem-29708	160	16	,	,	PUNCT
fbem-29708	160	17	53	53	NUM
fbem-29708	160	18	(	(	PUNCT
fbem-29708	160	19	01	01	NUM
fbem-29708	160	20	):	):	PUNCT
fbem-29708	160	21	142	142	NUM
fbem-29708	160	22	-	-	SYM
fbem-29708	160	23	154	154	NUM
fbem-29708	160	24	+	+	NOUN
fbem-29708	160	25	174	174	NUM
fbem-29708	160	26	.	.	PUNCT
fbem-29708	161	1	[	[	X
fbem-29708	161	2	15	15	NUM
fbem-29708	161	3	]	]	X
fbem-29708	161	4	shen	shen	PROPN
fbem-29708	161	5	danlin	danlin	PROPN
fbem-29708	161	6	.	.	PUNCT
fbem-29708	162	1	social	social	ADJ
fbem-29708	162	2	trust	trust	PROPN
fbem-29708	162	3	and	and	CCONJ
fbem-29708	162	4	corporate	corporate	ADJ
fbem-29708	162	5	risk	risk	NOUN
fbem-29708	162	6	-	-	PUNCT
fbem-29708	162	7	taking	take	VERB
fbem-29708	162	8	[	[	X
fbem-29708	162	9	j	j	X
fbem-29708	162	10	]	]	X
fbem-29708	162	11	.	.	PUNCT
fbem-29708	163	1	economic	economic	ADJ
fbem-29708	163	2	management,2019	management,2019	NOUN
fbem-29708	164	1	[	[	X
fbem-29708	164	2	16	16	NUM
fbem-29708	164	3	]	]	X
fbem-29708	164	4	tian	tian	ADJ
fbem-29708	164	5	xuezhen	xuezhen	NOUN
fbem-29708	164	6	.	.	PUNCT
fbem-29708	165	1	the	the	DET
fbem-29708	165	2	impact	impact	NOUN
fbem-29708	165	3	of	of	ADP
fbem-29708	165	4	analysts	analyst	NOUN
fbem-29708	165	5	'	'	PART
fbem-29708	165	6	attention	attention	NOUN
fbem-29708	165	7	on	on	ADP
fbem-29708	165	8	stock	stock	NOUN
fbem-29708	165	9	price	price	NOUN
fbem-29708	165	10	crash	crash	NOUN
fbem-29708	165	11	risk	risk	NOUN
fbem-29708	165	12	:	:	PUNCT
fbem-29708	165	13	an	an	DET
fbem-29708	165	14	empirical	empirical	ADJ
fbem-29708	165	15	test	test	NOUN
fbem-29708	165	16	based	base	VERB
fbem-29708	165	17	on	on	ADP
fbem-29708	165	18	china	china	PROPN
fbem-29708	165	19	's	's	PART
fbem-29708	165	20	a	a	DET
fbem-29708	165	21	-	-	PUNCT
fbem-29708	165	22	share	share	NOUN
fbem-29708	165	23	market[d].hunan	market[d].hunan	NOUN
fbem-29708	165	24	university,2020	university,2020	ADJ
fbem-29708	165	25	.	.	PUNCT
fbem-29708	166	1	[	[	X
fbem-29708	166	2	17	17	NUM
fbem-29708	166	3	]	]	X
fbem-29708	166	4	xiaorong	xiaorong	PROPN
fbem-29708	166	5	li	li	PROPN
fbem-29708	166	6	,	,	PUNCT
fbem-29708	166	7	steven	steven	PROPN
fbem-29708	166	8	shuye	shuye	PROPN
fbem-29708	166	9	wang	wang	PROPN
fbem-29708	166	10	,	,	PUNCT
fbem-29708	166	11	xue	xue	PROPN
fbem-29708	166	12	wang	wang	PROPN
fbem-29708	166	13	,	,	PUNCT
fbem-29708	166	14	trust	trust	NOUN
fbem-29708	166	15	and	and	CCONJ
fbem-29708	166	16	stock	stock	NOUN
fbem-29708	166	17	price	price	NOUN
fbem-29708	166	18	crash	crash	NOUN
fbem-29708	166	19	risk	risk	NOUN
fbem-29708	166	20	:	:	PUNCT
fbem-29708	166	21	evidence	evidence	NOUN
fbem-29708	166	22	from	from	ADP
fbem-29708	166	23	china[j	china[j	PROPN
fbem-29708	166	24	]	]	PUNCT
fbem-29708	166	25	.	.	PUNCT
fbem-29708	167	1	journal	journal	PROPN
fbem-29708	167	2	of	of	ADP
fbem-29708	167	3	banking	banking	NOUN
fbem-29708	167	4	&	&	CCONJ
fbem-29708	167	5	finance	finance	NOUN
fbem-29708	167	6	,	,	PUNCT
fbem-29708	167	7	2017	2017	NUM
fbem-29708	167	8	[	[	SYM
fbem-29708	167	9	18	18	NUM
fbem-29708	167	10	]	]	PUNCT
fbem-29708	167	11	xu	xu	PROPN
fbem-29708	167	12	nianhang	nianhang	PROPN
fbem-29708	167	13	,	,	PUNCT
fbem-29708	167	14	jiang	jiang	PROPN
fbem-29708	167	15	xuanyu	xuanyu	PROPN
fbem-29708	167	16	,	,	PUNCT
fbem-29708	167	17	yi	yi	PROPN
fbem-29708	167	18	zhihong	zhihong	PROPN
fbem-29708	167	19	,	,	PUNCT
fbem-29708	167	20	et	et	PROPN
fbem-29708	167	21	al	al	PROPN
fbem-29708	167	22	.	.	PUNCT
fbem-29708	168	1	analysts	analyst	NOUN
fbem-29708	168	2	'	'	PART
fbem-29708	168	3	conflict	conflict	NOUN
fbem-29708	168	4	of	of	ADP
fbem-29708	168	5	interest	interest	NOUN
fbem-29708	168	6	,	,	PUNCT
fbem-29708	168	7	optimism	optimism	NOUN
fbem-29708	168	8	bias	bias	NOUN
fbem-29708	168	9	and	and	CCONJ
fbem-29708	168	10	stock	stock	NOUN
fbem-29708	168	11	price	price	NOUN
fbem-29708	168	12	crash	crash	NOUN
fbem-29708	168	13	risk[j].economic	risk[j].economic	ADJ
fbem-29708	168	14	research	research	NOUN
fbem-29708	168	15	journal,2012	journal,2012	NOUN
fbem-29708	169	1	[	[	X
fbem-29708	169	2	19	19	NUM
fbem-29708	169	3	]	]	X
fbem-29708	169	4	yang	yang	PROPN
fbem-29708	169	5	wei	wei	PROPN
fbem-29708	169	6	,	,	PUNCT
fbem-29708	169	7	song	song	NOUN
fbem-29708	169	8	min	min	PROPN
fbem-29708	169	9	,	,	PUNCT
fbem-29708	169	10	feng	feng	PROPN
fbem-29708	169	11	ke	ke	PROPN
fbem-29708	169	12	.	.	PUNCT
fbem-29708	170	1	m&a	m&a	PROPN
fbem-29708	170	2	goodwill	goodwill	NOUN
fbem-29708	170	3	,	,	PUNCT
fbem-29708	170	4	investor	investor	NOUN
fbem-29708	170	5	overreaction	overreaction	NOUN
fbem-29708	170	6	,	,	PUNCT
fbem-29708	170	7	and	and	CCONJ
fbem-29708	170	8	stock	stock	NOUN
fbem-29708	170	9	price	price	NOUN
fbem-29708	170	10	bubbles	bubble	NOUN
fbem-29708	170	11	and	and	CCONJ
fbem-29708	170	12	crashes	crash	VERB
fbem-29708	170	13	[	[	X
fbem-29708	170	14	j	j	X
fbem-29708	170	15	]	]	X
fbem-29708	170	16	.	.	PUNCT
fbem-29708	171	1	china	china	PROPN
fbem-29708	171	2	industrial	industrial	PROPN
fbem-29708	171	3	economics	economic	NOUN
fbem-29708	171	4	,	,	PUNCT
fbem-29708	171	5	2018	2018	NUM
fbem-29708	171	6	,	,	PUNCT
fbem-29708	171	7	(	(	PUNCT
fbem-29708	171	8	06	06	NUM
fbem-29708	171	9	):	):	PUNCT
fbem-29708	171	10	156	156	NUM
fbem-29708	171	11	-	-	SYM
fbem-29708	171	12	173	173	NUM
fbem-29708	171	13	.	.	PUNCT
fbem-29708	172	1	[	[	X
fbem-29708	172	2	20	20	NUM
fbem-29708	172	3	]	]	X
fbem-29708	172	4	zhou	zhou	PROPN
fbem-29708	172	5	mingshan	mingshan	PROPN
fbem-29708	172	6	,	,	PUNCT
fbem-29708	172	7	lin	lin	PROPN
fbem-29708	172	8	jing	jing	PROPN
fbem-29708	172	9	,	,	PUNCT
fbem-29708	172	10	xu	xu	PROPN
fbem-29708	172	11	nianxing	nianxing	PROPN
fbem-29708	172	12	.	.	PUNCT
fbem-29708	173	1	analyst	analyst	NOUN
fbem-29708	173	2	tracking	tracking	NOUN
fbem-29708	173	3	and	and	CCONJ
fbem-29708	173	4	stock	stock	NOUN
fbem-29708	173	5	price	price	NOUN
fbem-29708	173	6	synchronization	synchronization	NOUN
fbem-29708	173	7	:	:	PUNCT
fbem-29708	173	8	evidence	evidence	NOUN
fbem-29708	173	9	from	from	ADP
fbem-29708	173	10	the	the	DET
fbem-29708	173	11	perspective	perspective	NOUN
fbem-29708	173	12	of	of	ADP
fbem-29708	173	13	overreaction	overreaction	NOUN
fbem-29708	174	1	[	[	X
fbem-29708	174	2	j	j	X
fbem-29708	174	3	]	]	X
fbem-29708	174	4	.	.	PUNCT
fbem-29708	175	1	journal	journal	PROPN
fbem-29708	175	2	of	of	ADP
fbem-29708	175	3	management	management	NOUN
fbem-29708	175	4	science	science	NOUN
fbem-29708	175	5	,	,	PUNCT
fbem-29708	175	6	2016	2016	NUM