id	sid	tid	token	lemma	pos
fbem-3030	1	1	frontiers	frontier	NOUN
fbem-3030	1	2	in	in	ADP
fbem-3030	1	3	business	business	NOUN
fbem-3030	1	4	,	,	PUNCT
fbem-3030	1	5	economics	economic	NOUN
fbem-3030	1	6	and	and	CCONJ
fbem-3030	1	7	management	management	NOUN
fbem-3030	1	8	issn	issn	PROPN
fbem-3030	1	9	:	:	PUNCT
fbem-3030	1	10	2766	2766	NUM
fbem-3030	1	11	-	-	PUNCT
fbem-3030	1	12	824x	824x	NUM
fbem-3030	1	13	|	|	ADJ
fbem-3030	1	14	vol	vol	NOUN
fbem-3030	1	15	.	.	PROPN
fbem-3030	2	1	6	6	NUM
fbem-3030	2	2	,	,	PUNCT
fbem-3030	2	3	no	no	INTJ
fbem-3030	2	4	.	.	NOUN
fbem-3030	2	5	2	2	NUM
fbem-3030	2	6	,	,	PUNCT
fbem-3030	2	7	2022	2022	NUM
fbem-3030	2	8	212	212	NUM
fbem-3030	2	9	short	short	ADJ
fbem-3030	2	10	and	and	CCONJ
fbem-3030	2	11	long	long	ADJ
fbem-3030	2	12	effects	effect	NOUN
fbem-3030	2	13	of	of	ADP
fbem-3030	2	14	green	green	ADJ
fbem-3030	2	15	bonds	bond	NOUN
fbem-3030	2	16	xinnan	xinnan	PROPN
fbem-3030	2	17	xing	xing	PROPN
fbem-3030	2	18	,	,	PUNCT
fbem-3030	2	19	an	an	DET
fbem-3030	2	20	feng	feng	PROPN
fbem-3030	2	21	nanjing	nanjing	PROPN
fbem-3030	2	22	audit	audit	PROPN
fbem-3030	2	23	university	university	PROPN
fbem-3030	2	24	,	,	PUNCT
fbem-3030	2	25	nanjing	nanjing	PROPN
fbem-3030	2	26	,	,	PUNCT
fbem-3030	2	27	china	china	PROPN
fbem-3030	2	28	abstract	abstract	NOUN
fbem-3030	2	29	:	:	PUNCT
fbem-3030	2	30	corporate	corporate	ADJ
fbem-3030	2	31	green	green	ADJ
fbem-3030	2	32	bond	bond	NOUN
fbem-3030	2	33	has	have	AUX
fbem-3030	2	34	been	be	AUX
fbem-3030	2	35	increasingly	increasingly	ADV
fbem-3030	2	36	prevalent	prevalent	ADJ
fbem-3030	2	37	over	over	ADP
fbem-3030	2	38	time	time	NOUN
fbem-3030	2	39	as	as	ADP
fbem-3030	2	40	a	a	DET
fbem-3030	2	41	symbol	symbol	NOUN
fbem-3030	2	42	of	of	ADP
fbem-3030	2	43	environment	environment	NOUN
fbem-3030	2	44	-	-	PUNCT
fbem-3030	2	45	friendly	friendly	ADJ
fbem-3030	2	46	projects	project	NOUN
fbem-3030	2	47	and	and	CCONJ
fbem-3030	2	48	companies	company	NOUN
fbem-3030	2	49	’	'	PUNCT
fbem-3030	2	50	environmental	environmental	ADJ
fbem-3030	2	51	awareness	awareness	NOUN
fbem-3030	2	52	.	.	PUNCT
fbem-3030	3	1	using	use	VERB
fbem-3030	3	2	data	datum	NOUN
fbem-3030	3	3	of	of	ADP
fbem-3030	3	4	public	public	ADJ
fbem-3030	3	5	corporate	corporate	NOUN
fbem-3030	3	6	in	in	ADP
fbem-3030	3	7	and	and	CCONJ
fbem-3030	3	8	analyzing	analyze	VERB
fbem-3030	3	9	them	they	PRON
fbem-3030	3	10	,	,	PUNCT
fbem-3030	3	11	we	we	PRON
fbem-3030	3	12	found	find	VERB
fbem-3030	3	13	that	that	SCONJ
fbem-3030	3	14	stock	stock	NOUN
fbem-3030	3	15	prices	price	NOUN
fbem-3030	3	16	have	have	VERB
fbem-3030	3	17	a	a	DET
fbem-3030	3	18	positive	positive	ADJ
fbem-3030	3	19	relationship	relationship	NOUN
fbem-3030	3	20	with	with	ADP
fbem-3030	3	21	issuance	issuance	NOUN
fbem-3030	3	22	of	of	ADP
fbem-3030	3	23	green	green	ADJ
fbem-3030	3	24	bond	bond	NOUN
fbem-3030	3	25	in	in	ADP
fbem-3030	3	26	the	the	DET
fbem-3030	3	27	short	short	ADJ
fbem-3030	3	28	term	term	NOUN
fbem-3030	3	29	and	and	CCONJ
fbem-3030	3	30	in	in	ADP
fbem-3030	3	31	the	the	DET
fbem-3030	3	32	long	long	ADJ
fbem-3030	3	33	run	run	NOUN
fbem-3030	3	34	companies	company	NOUN
fbem-3030	3	35	who	who	PRON
fbem-3030	3	36	issued	issue	VERB
fbem-3030	3	37	green	green	ADJ
fbem-3030	3	38	bonds	bond	NOUN
fbem-3030	3	39	conduct	conduct	VERB
fbem-3030	3	40	better	well	ADJ
fbem-3030	3	41	performances	performance	NOUN
fbem-3030	3	42	towards	towards	ADP
fbem-3030	3	43	environment	environment	NOUN
fbem-3030	3	44	.	.	PUNCT
fbem-3030	4	1	keywords	keyword	NOUN
fbem-3030	4	2	:	:	PUNCT
fbem-3030	4	3	green	green	ADJ
fbem-3030	4	4	bond	bond	NOUN
fbem-3030	4	5	,	,	PUNCT
fbem-3030	4	6	economic	economic	ADJ
fbem-3030	4	7	benefit	benefit	NOUN
fbem-3030	4	8	,	,	PUNCT
fbem-3030	4	9	environmental	environmental	ADJ
fbem-3030	4	10	protection	protection	NOUN
fbem-3030	4	11	.	.	PUNCT
fbem-3030	5	1	1	1	X
fbem-3030	5	2	.	.	X
fbem-3030	5	3	introduction	introduction	NOUN
fbem-3030	5	4	as	as	ADP
fbem-3030	5	5	a	a	DET
fbem-3030	5	6	prevalent	prevalent	ADJ
fbem-3030	5	7	way	way	NOUN
fbem-3030	5	8	of	of	ADP
fbem-3030	5	9	raising	raise	VERB
fbem-3030	5	10	money	money	NOUN
fbem-3030	5	11	for	for	ADP
fbem-3030	5	12	climate	climate	NOUN
fbem-3030	5	13	and	and	CCONJ
fbem-3030	5	14	environmental	environmental	ADJ
fbem-3030	5	15	projects	project	NOUN
fbem-3030	5	16	,	,	PUNCT
fbem-3030	5	17	green	green	ADJ
fbem-3030	5	18	bonds	bond	NOUN
fbem-3030	5	19	issuance	issuance	NOUN
fbem-3030	5	20	has	have	AUX
fbem-3030	5	21	been	be	AUX
fbem-3030	5	22	experiencing	experience	VERB
fbem-3030	5	23	rapid	rapid	ADJ
fbem-3030	5	24	development	development	NOUN
fbem-3030	5	25	due	due	ADP
fbem-3030	5	26	to	to	ADP
fbem-3030	5	27	increasingly	increasingly	ADV
fbem-3030	5	28	severe	severe	ADJ
fbem-3030	5	29	ecological	ecological	ADJ
fbem-3030	5	30	problems	problem	NOUN
fbem-3030	5	31	and	and	CCONJ
fbem-3030	5	32	companies	company	NOUN
fbem-3030	5	33	’	'	PUNCT
fbem-3030	5	34	other	other	ADJ
fbem-3030	5	35	profound	profound	ADJ
fbem-3030	5	36	considerations	consideration	NOUN
fbem-3030	5	37	.	.	PUNCT
fbem-3030	6	1	green	green	ADJ
fbem-3030	6	2	bonds	bond	NOUN
fbem-3030	6	3	are	be	AUX
fbem-3030	6	4	generally	generally	ADV
fbem-3030	6	5	defined	define	VERB
fbem-3030	6	6	as	as	ADP
fbem-3030	6	7	designated	designate	VERB
fbem-3030	6	8	bonds	bond	NOUN
fbem-3030	6	9	intended	intend	VERB
fbem-3030	6	10	to	to	PART
fbem-3030	6	11	encourage	encourage	VERB
fbem-3030	6	12	sustainability	sustainability	NOUN
fbem-3030	6	13	and	and	CCONJ
fbem-3030	6	14	to	to	PART
fbem-3030	6	15	support	support	VERB
fbem-3030	6	16	climate	climate	NOUN
fbem-3030	6	17	-	-	PUNCT
fbem-3030	6	18	related	relate	VERB
fbem-3030	6	19	or	or	CCONJ
fbem-3030	6	20	other	other	ADJ
fbem-3030	6	21	types	type	NOUN
fbem-3030	6	22	of	of	ADP
fbem-3030	6	23	special	special	ADJ
fbem-3030	6	24	environmental	environmental	ADJ
fbem-3030	6	25	projects	project	NOUN
fbem-3030	6	26	.	.	PUNCT
fbem-3030	7	1	more	more	ADV
fbem-3030	7	2	specifically	specifically	ADV
fbem-3030	7	3	,	,	PUNCT
fbem-3030	7	4	green	green	ADJ
fbem-3030	7	5	bonds	bond	NOUN
fbem-3030	7	6	finance	finance	NOUN
fbem-3030	7	7	projects	project	NOUN
fbem-3030	7	8	aimed	aim	VERB
fbem-3030	7	9	at	at	ADP
fbem-3030	7	10	energy	energy	NOUN
fbem-3030	7	11	efficiency	efficiency	NOUN
fbem-3030	7	12	,	,	PUNCT
fbem-3030	7	13	pollution	pollution	NOUN
fbem-3030	7	14	prevention	prevention	NOUN
fbem-3030	7	15	,	,	PUNCT
fbem-3030	7	16	sustainable	sustainable	ADJ
fbem-3030	7	17	agriculture	agriculture	NOUN
fbem-3030	7	18	,	,	PUNCT
fbem-3030	7	19	fishery	fishery	NOUN
fbem-3030	7	20	and	and	CCONJ
fbem-3030	7	21	forestry	forestry	NOUN
fbem-3030	7	22	,	,	PUNCT
fbem-3030	7	23	the	the	DET
fbem-3030	7	24	protection	protection	NOUN
fbem-3030	7	25	of	of	ADP
fbem-3030	7	26	aquatic	aquatic	ADJ
fbem-3030	7	27	and	and	CCONJ
fbem-3030	7	28	terrestrial	terrestrial	ADJ
fbem-3030	7	29	ecosystems	ecosystem	NOUN
fbem-3030	7	30	,	,	PUNCT
fbem-3030	7	31	clean	clean	ADJ
fbem-3030	7	32	transportation	transportation	NOUN
fbem-3030	7	33	,	,	PUNCT
fbem-3030	7	34	clean	clean	ADJ
fbem-3030	7	35	water	water	NOUN
fbem-3030	7	36	,	,	PUNCT
fbem-3030	7	37	and	and	CCONJ
fbem-3030	7	38	sustainable	sustainable	ADJ
fbem-3030	7	39	water	water	NOUN
fbem-3030	7	40	management	management	NOUN
fbem-3030	7	41	.	.	PUNCT
fbem-3030	8	1	they	they	PRON
fbem-3030	8	2	also	also	ADV
fbem-3030	8	3	finance	finance	VERB
fbem-3030	8	4	the	the	DET
fbem-3030	8	5	cultivation	cultivation	NOUN
fbem-3030	8	6	of	of	ADP
fbem-3030	8	7	environmentally	environmentally	ADV
fbem-3030	8	8	friendly	friendly	ADJ
fbem-3030	8	9	technologies	technology	NOUN
fbem-3030	8	10	and	and	CCONJ
fbem-3030	8	11	the	the	DET
fbem-3030	8	12	mitigation	mitigation	NOUN
fbem-3030	8	13	of	of	ADP
fbem-3030	8	14	climate	climate	NOUN
fbem-3030	8	15	change	change	NOUN
fbem-3030	8	16	.	.	PUNCT
fbem-3030	9	1	for	for	ADP
fbem-3030	9	2	instance	instance	NOUN
fbem-3030	9	3	,	,	PUNCT
fbem-3030	9	4	green	green	ADJ
fbem-3030	9	5	bonds	bond	NOUN
fbem-3030	9	6	are	be	AUX
fbem-3030	9	7	employed	employ	VERB
fbem-3030	9	8	to	to	PART
fbem-3030	9	9	finance	finance	VERB
fbem-3030	9	10	energy	energy	NOUN
fbem-3030	9	11	efficiency	efficiency	NOUN
fbem-3030	9	12	projects	project	NOUN
fbem-3030	9	13	,	,	PUNCT
fbem-3030	9	14	renewable	renewable	ADJ
fbem-3030	9	15	energy	energy	NOUN
fbem-3030	9	16	projects	project	NOUN
fbem-3030	9	17	,	,	PUNCT
fbem-3030	9	18	pollution	pollution	NOUN
fbem-3030	9	19	prevention	prevention	NOUN
fbem-3030	9	20	and	and	CCONJ
fbem-3030	9	21	control	control	NOUN
fbem-3030	9	22	projects	project	NOUN
fbem-3030	9	23	,	,	PUNCT
fbem-3030	9	24	natural	natural	ADJ
fbem-3030	9	25	resources	resource	NOUN
fbem-3030	9	26	and	and	CCONJ
fbem-3030	9	27	land	land	NOUN
fbem-3030	9	28	management	management	NOUN
fbem-3030	9	29	projects	project	NOUN
fbem-3030	9	30	,	,	PUNCT
fbem-3030	9	31	clean	clean	ADJ
fbem-3030	9	32	transportation	transportation	NOUN
fbem-3030	9	33	projects	project	NOUN
fbem-3030	9	34	,	,	PUNCT
fbem-3030	9	35	wastewater	wastewater	NOUN
fbem-3030	9	36	and	and	CCONJ
fbem-3030	9	37	water	water	NOUN
fbem-3030	9	38	management	management	NOUN
fbem-3030	9	39	projects	project	NOUN
fbem-3030	9	40	and	and	CCONJ
fbem-3030	9	41	green	green	ADJ
fbem-3030	9	42	building	building	NOUN
fbem-3030	9	43	projects	project	NOUN
fbem-3030	9	44	.	.	PUNCT
fbem-3030	10	1	as	as	ADV
fbem-3030	10	2	recently	recently	ADV
fbem-3030	10	3	as	as	ADP
fbem-3030	10	4	2012	2012	NUM
fbem-3030	10	5	,	,	PUNCT
fbem-3030	10	6	green	green	ADJ
fbem-3030	10	7	bond	bond	NOUN
fbem-3030	10	8	issuance	issuance	NOUN
fbem-3030	10	9	amounted	amount	VERB
fbem-3030	10	10	only	only	ADV
fbem-3030	10	11	to	to	ADP
fbem-3030	10	12	$	$	SYM
fbem-3030	10	13	2.6	2.6	NUM
fbem-3030	10	14	billion	billion	NUM
fbem-3030	10	15	.	.	PUNCT
fbem-3030	11	1	but	but	CCONJ
fbem-3030	11	2	in	in	ADP
fbem-3030	11	3	2016	2016	NUM
fbem-3030	11	4	,	,	PUNCT
fbem-3030	11	5	green	green	ADJ
fbem-3030	11	6	bonds	bond	NOUN
fbem-3030	11	7	began	begin	VERB
fbem-3030	11	8	to	to	PART
fbem-3030	11	9	sprout	sprout	VERB
fbem-3030	11	10	.	.	PUNCT
fbem-3030	12	1	much	much	ADJ
fbem-3030	12	2	of	of	ADP
fbem-3030	12	3	the	the	DET
fbem-3030	12	4	action	action	NOUN
fbem-3030	12	5	was	be	AUX
fbem-3030	12	6	attributable	attributable	ADJ
fbem-3030	12	7	to	to	ADP
fbem-3030	12	8	chinese	chinese	ADJ
fbem-3030	12	9	borrowers	borrower	NOUN
fbem-3030	12	10	,	,	PUNCT
fbem-3030	12	11	who	who	PRON
fbem-3030	12	12	accounted	account	VERB
fbem-3030	12	13	for	for	ADP
fbem-3030	12	14	$	$	SYM
fbem-3030	12	15	32.9	32.9	NUM
fbem-3030	12	16	billion	billion	NUM
fbem-3030	12	17	of	of	ADP
fbem-3030	12	18	the	the	DET
fbem-3030	12	19	total	total	NOUN
fbem-3030	12	20	,	,	PUNCT
fbem-3030	12	21	or	or	CCONJ
fbem-3030	12	22	more	more	ADJ
fbem-3030	12	23	than	than	ADP
fbem-3030	12	24	a	a	DET
fbem-3030	12	25	third	third	NOUN
fbem-3030	12	26	of	of	ADP
fbem-3030	12	27	all	all	DET
fbem-3030	12	28	issuances	issuance	NOUN
fbem-3030	12	29	.	.	PUNCT
fbem-3030	13	1	but	but	CCONJ
fbem-3030	13	2	the	the	DET
fbem-3030	13	3	interest	interest	NOUN
fbem-3030	13	4	is	be	AUX
fbem-3030	13	5	global	global	ADJ
fbem-3030	13	6	,	,	PUNCT
fbem-3030	13	7	with	with	ADP
fbem-3030	13	8	the	the	DET
fbem-3030	13	9	european	european	PROPN
fbem-3030	13	10	union	union	PROPN
fbem-3030	13	11	and	and	CCONJ
fbem-3030	13	12	the	the	DET
fbem-3030	13	13	united	united	PROPN
fbem-3030	13	14	states	states	PROPN
fbem-3030	13	15	among	among	ADP
fbem-3030	13	16	the	the	DET
fbem-3030	13	17	leaders	leader	NOUN
fbem-3030	13	18	too	too	ADV
fbem-3030	13	19	.	.	PUNCT
fbem-3030	14	1	in	in	ADP
fbem-3030	14	2	2017	2017	NUM
fbem-3030	14	3	,	,	PUNCT
fbem-3030	14	4	green	green	ADJ
fbem-3030	14	5	bond	bond	NOUN
fbem-3030	14	6	issuance	issuance	NOUN
fbem-3030	14	7	soared	soar	VERB
fbem-3030	14	8	to	to	ADP
fbem-3030	14	9	a	a	DET
fbem-3030	14	10	record	record	NOUN
fbem-3030	14	11	high	high	ADJ
fbem-3030	14	12	,	,	PUNCT
fbem-3030	14	13	accounting	account	VERB
fbem-3030	14	14	for	for	ADP
fbem-3030	14	15	$	$	SYM
fbem-3030	14	16	161	161	NUM
fbem-3030	14	17	billion	billion	NUM
fbem-3030	14	18	worth	worth	NOUN
fbem-3030	14	19	of	of	ADP
fbem-3030	14	20	investment	investment	NOUN
fbem-3030	14	21	worldwide	worldwide	ADV
fbem-3030	14	22	,	,	PUNCT
fbem-3030	14	23	according	accord	VERB
fbem-3030	14	24	to	to	ADP
fbem-3030	14	25	the	the	DET
fbem-3030	14	26	latest	late	ADJ
fbem-3030	14	27	report	report	NOUN
fbem-3030	14	28	from	from	ADP
fbem-3030	14	29	the	the	DET
fbem-3030	14	30	rating	rating	NOUN
fbem-3030	14	31	agency	agency	NOUN
fbem-3030	14	32	moody	moody	NOUN
fbem-3030	14	33	's	's	PART
fbem-3030	14	34	.	.	PUNCT
fbem-3030	15	1	growth	growth	NOUN
fbem-3030	15	2	slowed	slow	VERB
fbem-3030	15	3	a	a	DET
fbem-3030	15	4	bit	bit	NOUN
fbem-3030	15	5	in	in	ADP
fbem-3030	15	6	2018	2018	NUM
fbem-3030	15	7	,	,	PUNCT
fbem-3030	15	8	hitting	hit	VERB
fbem-3030	15	9	only	only	ADV
fbem-3030	15	10	$	$	SYM
fbem-3030	15	11	167	167	NUM
fbem-3030	15	12	billion	billion	NUM
fbem-3030	15	13	,	,	PUNCT
fbem-3030	15	14	but	but	CCONJ
fbem-3030	15	15	rebounded	rebound	VERB
fbem-3030	15	16	the	the	DET
fbem-3030	15	17	following	following	ADJ
fbem-3030	15	18	year	year	NOUN
fbem-3030	15	19	thanks	thank	NOUN
fbem-3030	15	20	to	to	ADP
fbem-3030	15	21	an	an	DET
fbem-3030	15	22	increasingly	increasingly	ADV
fbem-3030	15	23	climate	climate	NOUN
fbem-3030	15	24	-	-	PUNCT
fbem-3030	15	25	aware	aware	ADJ
fbem-3030	15	26	market	market	NOUN
fbem-3030	15	27	.	.	PUNCT
fbem-3030	16	1	green	green	ADJ
fbem-3030	16	2	issuance	issuance	NOUN
fbem-3030	16	3	reached	reach	VERB
fbem-3030	16	4	a	a	DET
fbem-3030	16	5	record	record	NOUN
fbem-3030	16	6	$	$	SYM
fbem-3030	16	7	266.5	266.5	NUM
fbem-3030	16	8	billion	billion	NUM
fbem-3030	16	9	in	in	ADP
fbem-3030	16	10	2019	2019	NUM
fbem-3030	16	11	,	,	PUNCT
fbem-3030	16	12	and	and	CCONJ
fbem-3030	16	13	nearly	nearly	ADV
fbem-3030	16	14	$	$	SYM
fbem-3030	16	15	270	270	NUM
fbem-3030	16	16	billion	billion	NUM
fbem-3030	16	17	the	the	DET
fbem-3030	16	18	following	following	ADJ
fbem-3030	16	19	year	year	NOUN
fbem-3030	16	20	.	.	PUNCT
fbem-3030	17	1	the	the	DET
fbem-3030	17	2	2010s	2010s	NUM
fbem-3030	17	3	saw	see	VERB
fbem-3030	17	4	the	the	DET
fbem-3030	17	5	development	development	NOUN
fbem-3030	17	6	of	of	ADP
fbem-3030	17	7	green	green	ADJ
fbem-3030	17	8	bond	bond	NOUN
fbem-3030	17	9	funds	fund	NOUN
fbem-3030	17	10	,	,	PUNCT
fbem-3030	17	11	broadening	broaden	VERB
fbem-3030	17	12	the	the	DET
fbem-3030	17	13	ability	ability	NOUN
fbem-3030	17	14	of	of	ADP
fbem-3030	17	15	retail	retail	ADJ
fbem-3030	17	16	investors	investor	NOUN
fbem-3030	17	17	to	to	PART
fbem-3030	17	18	participate	participate	VERB
fbem-3030	17	19	in	in	ADP
fbem-3030	17	20	these	these	DET
fbem-3030	17	21	initiatives	initiative	NOUN
fbem-3030	17	22	.	.	PUNCT
fbem-3030	18	1	allianz	allianz	PROPN
fbem-3030	18	2	se	se	PROPN
fbem-3030	18	3	,	,	PUNCT
fbem-3030	18	4	axa	axa	PROPN
fbem-3030	18	5	sa	sa	PROPN
fbem-3030	18	6	,	,	PUNCT
fbem-3030	18	7	state	state	PROPN
fbem-3030	18	8	street	street	NOUN
fbem-3030	18	9	corporation	corporation	NOUN
fbem-3030	18	10	,	,	PUNCT
fbem-3030	18	11	tiaa	tiaa	NOUN
fbem-3030	18	12	-	-	PUNCT
fbem-3030	18	13	cref	cref	NOUN
fbem-3030	18	14	,	,	PUNCT
fbem-3030	18	15	blackrock	blackrock	PROPN
fbem-3030	18	16	,	,	PUNCT
fbem-3030	18	17	axa	axa	PROPN
fbem-3030	18	18	world	world	NOUN
fbem-3030	18	19	funds	fund	NOUN
fbem-3030	18	20	,	,	PUNCT
fbem-3030	18	21	and	and	CCONJ
fbem-3030	18	22	hsbc	hsbc	PROPN
fbem-3030	18	23	are	be	AUX
fbem-3030	18	24	among	among	ADP
fbem-3030	18	25	the	the	DET
fbem-3030	18	26	investment	investment	NOUN
fbem-3030	18	27	companies	company	NOUN
fbem-3030	18	28	and	and	CCONJ
fbem-3030	18	29	asset	asset	NOUN
fbem-3030	18	30	management	management	NOUN
fbem-3030	18	31	firms	firm	NOUN
fbem-3030	18	32	that	that	PRON
fbem-3030	18	33	have	have	AUX
fbem-3030	18	34	sponsored	sponsor	VERB
fbem-3030	18	35	green	green	ADJ
fbem-3030	18	36	bond	bond	NOUN
fbem-3030	18	37	mutual	mutual	ADJ
fbem-3030	18	38	funds	fund	NOUN
fbem-3030	18	39	or	or	CCONJ
fbem-3030	18	40	etfs	etfs	NOUN
fbem-3030	18	41	.	.	PUNCT
fbem-3030	19	1	the	the	DET
fbem-3030	19	2	constantly	constantly	ADV
fbem-3030	19	3	rising	rise	VERB
fbem-3030	19	4	popularity	popularity	NOUN
fbem-3030	19	5	of	of	ADP
fbem-3030	19	6	green	green	ADJ
fbem-3030	19	7	bonds	bond	NOUN
fbem-3030	19	8	is	be	AUX
fbem-3030	19	9	driven	drive	VERB
fbem-3030	19	10	primarily	primarily	ADV
fbem-3030	19	11	by	by	ADP
fbem-3030	19	12	investors	investor	NOUN
fbem-3030	19	13	embracing	embrace	VERB
fbem-3030	19	14	socially	socially	ADV
fbem-3030	19	15	responsible	responsible	ADJ
fbem-3030	19	16	investing	investing	NOUN
fbem-3030	19	17	,	,	PUNCT
fbem-3030	19	18	and	and	CCONJ
fbem-3030	19	19	not	not	PART
fbem-3030	19	20	a	a	DET
fbem-3030	19	21	better	well	ADJ
fbem-3030	19	22	risk	risk	NOUN
fbem-3030	19	23	and	and	CCONJ
fbem-3030	19	24	return	return	VERB
fbem-3030	19	25	potential	potential	ADJ
fbem-3030	19	26	over	over	ADP
fbem-3030	19	27	conventional	conventional	ADJ
fbem-3030	19	28	bonds	bond	NOUN
fbem-3030	19	29	.	.	PUNCT
fbem-3030	20	1	with	with	ADP
fbem-3030	20	2	that	that	PRON
fbem-3030	20	3	said	say	VERB
fbem-3030	20	4	,	,	PUNCT
fbem-3030	20	5	green	green	ADJ
fbem-3030	20	6	bonds	bond	NOUN
fbem-3030	20	7	may	may	AUX
fbem-3030	20	8	offer	offer	VERB
fbem-3030	20	9	tax	tax	NOUN
fbem-3030	20	10	incentives	incentive	NOUN
fbem-3030	20	11	(	(	PUNCT
fbem-3030	20	12	depending	depend	VERB
fbem-3030	20	13	on	on	ADP
fbem-3030	20	14	the	the	DET
fbem-3030	20	15	issuer	issuer	NOUN
fbem-3030	20	16	and	and	CCONJ
fbem-3030	20	17	jurisdiction	jurisdiction	NOUN
fbem-3030	20	18	)	)	PUNCT
fbem-3030	20	19	,	,	PUNCT
fbem-3030	20	20	such	such	ADJ
fbem-3030	20	21	as	as	ADP
fbem-3030	20	22	tax	tax	NOUN
fbem-3030	20	23	exemption	exemption	NOUN
fbem-3030	20	24	and	and	CCONJ
fbem-3030	20	25	tax	tax	NOUN
fbem-3030	20	26	credits	credit	NOUN
fbem-3030	20	27	.	.	PUNCT
fbem-3030	21	1	it	it	PRON
fbem-3030	21	2	is	be	AUX
fbem-3030	21	3	done	do	VERB
fbem-3030	21	4	to	to	PART
fbem-3030	21	5	attract	attract	VERB
fbem-3030	21	6	investors	investor	NOUN
fbem-3030	21	7	to	to	PART
fbem-3030	21	8	finance	finance	VERB
fbem-3030	21	9	projects	project	NOUN
fbem-3030	21	10	that	that	PRON
fbem-3030	21	11	benefit	benefit	VERB
fbem-3030	21	12	the	the	DET
fbem-3030	21	13	environment	environment	NOUN
fbem-3030	21	14	and/or	and/or	CCONJ
fbem-3030	21	15	climate	climate	NOUN
fbem-3030	21	16	.	.	PUNCT
fbem-3030	22	1	i	i	PRON
fbem-3030	22	2	read	read	VERB
fbem-3030	22	3	relative	relative	ADJ
fbem-3030	22	4	essays	essay	NOUN
fbem-3030	22	5	and	and	CCONJ
fbem-3030	22	6	found	find	VERB
fbem-3030	22	7	that	that	SCONJ
fbem-3030	22	8	these	these	DET
fbem-3030	22	9	essays	essay	NOUN
fbem-3030	22	10	mainly	mainly	ADV
fbem-3030	22	11	concentrate	concentrate	VERB
fbem-3030	22	12	on	on	ADP
fbem-3030	22	13	the	the	DET
fbem-3030	22	14	effects	effect	NOUN
fbem-3030	22	15	of	of	ADP
fbem-3030	22	16	green	green	ADJ
fbem-3030	22	17	bonds	bond	NOUN
fbem-3030	22	18	on	on	ADP
fbem-3030	22	19	companies	company	NOUN
fbem-3030	22	20	’	'	PUNCT
fbem-3030	22	21	response	response	NOUN
fbem-3030	22	22	in	in	ADP
fbem-3030	22	23	the	the	DET
fbem-3030	22	24	long	long	ADJ
fbem-3030	22	25	-	-	PUNCT
fbem-3030	22	26	term	term	NOUN
fbem-3030	22	27	using	use	VERB
fbem-3030	22	28	difference	difference	NOUN
fbem-3030	22	29	in	in	ADP
fbem-3030	22	30	difference	difference	NOUN
fbem-3030	22	31	(	(	PUNCT
fbem-3030	22	32	did	do	AUX
fbem-3030	22	33	)	)	PUNCT
fbem-3030	22	34	.	.	PUNCT
fbem-3030	23	1	they	they	PRON
fbem-3030	23	2	reach	reach	VERB
fbem-3030	23	3	the	the	DET
fbem-3030	23	4	conclusion	conclusion	NOUN
fbem-3030	23	5	that	that	SCONJ
fbem-3030	23	6	investors	investor	NOUN
fbem-3030	23	7	respond	respond	VERB
fbem-3030	23	8	positively	positively	ADV
fbem-3030	23	9	to	to	ADP
fbem-3030	23	10	the	the	DET
fbem-3030	23	11	issuance	issuance	NOUN
fbem-3030	23	12	announcement	announcement	NOUN
fbem-3030	23	13	and	and	CCONJ
fbem-3030	23	14	environmental	environmental	ADJ
fbem-3030	23	15	performance	performance	NOUN
fbem-3030	23	16	goes	go	VERB
fbem-3030	23	17	up	up	ADP
fbem-3030	23	18	sustainability	sustainability	NOUN
fbem-3030	23	19	in	in	ADP
fbem-3030	23	20	the	the	DET
fbem-3030	23	21	long	long	ADJ
fbem-3030	23	22	run	run	NOUN
fbem-3030	23	23	.	.	PUNCT
fbem-3030	24	1	besides	besides	SCONJ
fbem-3030	24	2	,	,	PUNCT
fbem-3030	24	3	to	to	PART
fbem-3030	24	4	measure	measure	VERB
fbem-3030	24	5	firms	firm	NOUN
fbem-3030	24	6	’	'	PUNCT
fbem-3030	24	7	environmental	environmental	ADJ
fbem-3030	24	8	performance	performance	NOUN
fbem-3030	24	9	,	,	PUNCT
fbem-3030	24	10	the	the	DET
fbem-3030	24	11	researcher	researcher	NOUN
fbem-3030	24	12	adopted	adopt	VERB
fbem-3030	24	13	the	the	DET
fbem-3030	24	14	environmental	environmental	ADJ
fbem-3030	24	15	rating	rating	NOUN
fbem-3030	24	16	from	from	ADP
fbem-3030	24	17	asset4	asset4	PROPN
fbem-3030	24	18	and	and	CCONJ
fbem-3030	24	19	the	the	DET
fbem-3030	24	20	ratio	ratio	NOUN
fbem-3030	24	21	of	of	ADP
fbem-3030	24	22	co2	co2	NOUN
fbem-3030	24	23	emission	emission	NOUN
fbem-3030	24	24	divided	divide	VERB
fbem-3030	24	25	by	by	ADP
fbem-3030	24	26	the	the	DET
fbem-3030	24	27	book	book	NOUN
fbem-3030	24	28	value	value	NOUN
fbem-3030	24	29	of	of	ADP
fbem-3030	24	30	assets	asset	NOUN
fbem-3030	24	31	.	.	PUNCT
fbem-3030	25	1	the	the	DET
fbem-3030	25	2	formula	formula	NOUN
fbem-3030	25	3	is	be	AUX
fbem-3030	25	4	as	as	SCONJ
fbem-3030	25	5	follows	follow	VERB
fbem-3030	25	6	:	:	PUNCT
fbem-3030	25	7	yit	yit	NOUN
fbem-3030	25	8	=	=	NOUN
fbem-3030	25	9	αi	αi	X
fbem-3030	26	1	+	+	CCONJ
fbem-3030	26	2	αc	αc	ADJ
fbem-3030	26	3	×	×	NOUN
fbem-3030	26	4	αt	αt	NOUN
fbem-3030	26	5	+	+	CCONJ
fbem-3030	27	1	αs	αs	INTJ
fbem-3030	27	2	×	×	NOUN
fbem-3030	27	3	αt	αt	NOUN
fbem-3030	27	4	+	+	CCONJ
fbem-3030	27	5	β	β	X
fbem-3030	27	6	×	×	ADJ
fbem-3030	27	7	green	green	ADJ
fbem-3030	27	8	bondit	bondit	NOUN
fbem-3030	28	1	+	+	CCONJ
fbem-3030	28	2	εit	εit	VERB
fbem-3030	28	3	these	these	DET
fbem-3030	28	4	researches	research	NOUN
fbem-3030	28	5	provide	provide	VERB
fbem-3030	28	6	me	i	PRON
fbem-3030	28	7	with	with	ADP
fbem-3030	28	8	an	an	DET
fbem-3030	28	9	inspiration	inspiration	NOUN
fbem-3030	28	10	of	of	ADP
fbem-3030	28	11	studying	study	VERB
fbem-3030	28	12	the	the	DET
fbem-3030	28	13	relationship	relationship	NOUN
fbem-3030	28	14	between	between	ADP
fbem-3030	28	15	issuance	issuance	NOUN
fbem-3030	28	16	of	of	ADP
fbem-3030	28	17	green	green	ADJ
fbem-3030	28	18	bonds	bond	NOUN
fbem-3030	28	19	and	and	CCONJ
fbem-3030	28	20	firms	firm	NOUN
fbem-3030	28	21	’	'	PUNCT
fbem-3030	28	22	environmental	environmental	ADJ
fbem-3030	28	23	performances	performance	NOUN
fbem-3030	28	24	.	.	PUNCT
fbem-3030	29	1	nevertheless	nevertheless	ADV
fbem-3030	29	2	,	,	PUNCT
fbem-3030	29	3	the	the	DET
fbem-3030	29	4	two	two	NUM
fbem-3030	29	5	measure	measure	NOUN
fbem-3030	29	6	of	of	ADP
fbem-3030	29	7	firms	firm	NOUN
fbem-3030	29	8	’	'	PUNCT
fbem-3030	29	9	environmental	environmental	ADJ
fbem-3030	29	10	performance	performance	NOUN
fbem-3030	29	11	may	may	AUX
fbem-3030	29	12	not	not	PART
fbem-3030	29	13	be	be	AUX
fbem-3030	29	14	such	such	ADJ
fbem-3030	29	15	representative	representative	NOUN
fbem-3030	29	16	as	as	ADP
fbem-3030	29	17	to	to	ADP
fbem-3030	29	18	those	those	DET
fbem-3030	29	19	firms	firm	NOUN
fbem-3030	29	20	who	who	PRON
fbem-3030	29	21	rely	rely	VERB
fbem-3030	29	22	on	on	ADP
fbem-3030	29	23	non	non	ADJ
fbem-3030	29	24	-	-	ADJ
fbem-3030	29	25	carbon	carbon	ADJ
fbem-3030	29	26	resources	resource	NOUN
fbem-3030	29	27	or	or	CCONJ
fbem-3030	29	28	those	those	PRON
fbem-3030	29	29	who	who	PRON
fbem-3030	29	30	discharge	discharge	VERB
fbem-3030	29	31	waste	waste	NOUN
fbem-3030	29	32	water	water	NOUN
fbem-3030	29	33	to	to	PART
fbem-3030	29	34	river	river	VERB
fbem-3030	29	35	secretly	secretly	ADV
fbem-3030	29	36	.	.	PUNCT
fbem-3030	30	1	what	what	PRON
fbem-3030	30	2	’s	’	VERB
fbem-3030	30	3	more	more	ADJ
fbem-3030	30	4	,	,	PUNCT
fbem-3030	30	5	according	accord	VERB
fbem-3030	30	6	to	to	ADP
fbem-3030	30	7	the	the	DET
fbem-3030	30	8	definition	definition	NOUN
fbem-3030	30	9	of	of	ADP
fbem-3030	30	10	green	green	ADJ
fbem-3030	30	11	bonds	bond	NOUN
fbem-3030	30	12	,	,	PUNCT
fbem-3030	30	13	its	its	PRON
fbem-3030	30	14	issuance	issuance	NOUN
fbem-3030	30	15	can	can	AUX
fbem-3030	30	16	help	help	VERB
fbem-3030	30	17	to	to	PART
fbem-3030	30	18	attract	attract	VERB
fbem-3030	30	19	investors	investor	NOUN
fbem-3030	30	20	,	,	PUNCT
fbem-3030	30	21	so	so	SCONJ
fbem-3030	30	22	in	in	ADP
fbem-3030	30	23	this	this	DET
fbem-3030	30	24	paper	paper	NOUN
fbem-3030	30	25	,	,	PUNCT
fbem-3030	30	26	i	i	PRON
fbem-3030	30	27	will	will	AUX
fbem-3030	30	28	also	also	ADV
fbem-3030	30	29	study	study	VERB
fbem-3030	30	30	the	the	DET
fbem-3030	30	31	impact	impact	NOUN
fbem-3030	30	32	of	of	ADP
fbem-3030	30	33	issuing	issue	VERB
fbem-3030	30	34	green	green	ADJ
fbem-3030	30	35	bonds	bond	NOUN
fbem-3030	30	36	on	on	ADP
fbem-3030	30	37	the	the	DET
fbem-3030	30	38	stock	stock	NOUN
fbem-3030	30	39	price	price	NOUN
fbem-3030	30	40	.	.	PUNCT
fbem-3030	31	1	to	to	PART
fbem-3030	31	2	start	start	VERB
fbem-3030	31	3	the	the	DET
fbem-3030	31	4	research	research	NOUN
fbem-3030	31	5	,	,	PUNCT
fbem-3030	31	6	we	we	PRON
fbem-3030	31	7	collect	collect	VERB
fbem-3030	31	8	public	public	ADJ
fbem-3030	31	9	companies	company	NOUN
fbem-3030	31	10	’	’	PART
fbem-3030	31	11	stock	stock	NOUN
fbem-3030	31	12	price	price	NOUN
fbem-3030	31	13	and	and	CCONJ
fbem-3030	31	14	data	datum	NOUN
fbem-3030	31	15	of	of	ADP
fbem-3030	31	16	their	their	PRON
fbem-3030	31	17	environmental	environmental	ADJ
fbem-3030	31	18	performance	performance	NOUN
fbem-3030	31	19	in	in	ADP
fbem-3030	31	20	the	the	DET
fbem-3030	31	21	year	year	NOUN
fbem-3030	31	22	2018	2018	NUM
fbem-3030	31	23	and	and	CCONJ
fbem-3030	31	24	to	to	PART
fbem-3030	31	25	examine	examine	VERB
fbem-3030	31	26	if	if	SCONJ
fbem-3030	31	27	issuing	issue	VERB
fbem-3030	31	28	green	green	ADJ
fbem-3030	31	29	bonds	bond	NOUN
fbem-3030	31	30	has	have	VERB
fbem-3030	31	31	any	any	DET
fbem-3030	31	32	impact	impact	NOUN
fbem-3030	31	33	on	on	ADP
fbem-3030	31	34	companies	company	NOUN
fbem-3030	31	35	’	'	PUNCT
fbem-3030	31	36	stock	stock	NOUN
fbem-3030	31	37	prices	price	NOUN
fbem-3030	31	38	more	more	ADV
fbem-3030	31	39	straightforwardly	straightforwardly	ADV
fbem-3030	31	40	,	,	PUNCT
fbem-3030	31	41	we	we	PRON
fbem-3030	31	42	adopt	adopt	VERB
fbem-3030	31	43	regression	regression	VERB
fbem-3030	31	44	discontinuity	discontinuity	NOUN
fbem-3030	31	45	design	design	NOUN
fbem-3030	31	46	(	(	PUNCT
fbem-3030	31	47	rdd	rdd	PROPN
fbem-3030	31	48	)	)	PUNCT
fbem-3030	31	49	,	,	PUNCT
fbem-3030	31	50	where	where	SCONJ
fbem-3030	31	51	the	the	DET
fbem-3030	31	52	date	date	NOUN
fbem-3030	31	53	of	of	ADP
fbem-3030	31	54	issuing	issue	VERB
fbem-3030	31	55	green	green	ADJ
fbem-3030	31	56	bonds	bond	NOUN
fbem-3030	31	57	is	be	AUX
fbem-3030	31	58	the	the	DET
fbem-3030	31	59	discontinuity	discontinuity	NOUN
fbem-3030	31	60	point	point	NOUN
fbem-3030	31	61	.	.	PUNCT
fbem-3030	32	1	using	use	VERB
fbem-3030	32	2	these	these	DET
fbem-3030	32	3	data	datum	NOUN
fbem-3030	32	4	and	and	CCONJ
fbem-3030	32	5	method	method	NOUN
fbem-3030	32	6	,	,	PUNCT
fbem-3030	32	7	we	we	PRON
fbem-3030	32	8	reach	reach	VERB
fbem-3030	32	9	the	the	DET
fbem-3030	32	10	result	result	NOUN
fbem-3030	32	11	that	that	SCONJ
fbem-3030	32	12	at	at	ADP
fbem-3030	32	13	the	the	DET
fbem-3030	32	14	date	date	NOUN
fbem-3030	32	15	of	of	ADP
fbem-3030	32	16	issuing	issue	VERB
fbem-3030	32	17	green	green	ADJ
fbem-3030	32	18	bonds	bond	NOUN
fbem-3030	32	19	,	,	PUNCT
fbem-3030	32	20	there	there	PRON
fbem-3030	32	21	exists	exist	VERB
fbem-3030	32	22	a	a	DET
fbem-3030	32	23	temporary	temporary	ADJ
fbem-3030	32	24	increase	increase	NOUN
fbem-3030	32	25	in	in	ADP
fbem-3030	32	26	companies	company	NOUN
fbem-3030	32	27	’	’	PART
fbem-3030	32	28	stock	stock	NOUN
fbem-3030	32	29	prices	price	NOUN
fbem-3030	32	30	.	.	PUNCT
fbem-3030	33	1	as	as	SCONJ
fbem-3030	33	2	only	only	ADV
fbem-3030	33	3	a	a	DET
fbem-3030	33	4	few	few	ADJ
fbem-3030	33	5	researches	research	NOUN
fbem-3030	33	6	study	study	VERB
fbem-3030	33	7	the	the	DET
fbem-3030	33	8	short	short	ADJ
fbem-3030	33	9	-	-	PUNCT
fbem-3030	33	10	term	term	NOUN
fbem-3030	33	11	effects	effect	NOUN
fbem-3030	33	12	of	of	ADP
fbem-3030	33	13	issuing	issue	VERB
fbem-3030	33	14	green	green	ADJ
fbem-3030	33	15	bonds	bond	NOUN
fbem-3030	33	16	on	on	ADP
fbem-3030	33	17	the	the	DET
fbem-3030	33	18	stock	stock	NOUN
fbem-3030	33	19	price	price	NOUN
fbem-3030	33	20	,	,	PUNCT
fbem-3030	33	21	our	our	PRON
fbem-3030	33	22	study	study	NOUN
fbem-3030	33	23	could	could	AUX
fbem-3030	33	24	offer	offer	VERB
fbem-3030	33	25	a	a	DET
fbem-3030	33	26	reference	reference	NOUN
fbem-3030	33	27	to	to	ADP
fbem-3030	33	28	people	people	NOUN
fbem-3030	33	29	who	who	PRON
fbem-3030	33	30	show	show	VERB
fbem-3030	33	31	interest	interest	NOUN
fbem-3030	33	32	in	in	ADP
fbem-3030	33	33	this	this	DET
fbem-3030	33	34	aspect	aspect	NOUN
fbem-3030	33	35	.	.	PUNCT
fbem-3030	34	1	our	our	PRON
fbem-3030	34	2	study	study	NOUN
fbem-3030	34	3	on	on	ADP
fbem-3030	34	4	the	the	DET
fbem-3030	34	5	long	long	ADJ
fbem-3030	34	6	-	-	PUNCT
fbem-3030	34	7	term	term	NOUN
fbem-3030	34	8	impact	impact	NOUN
fbem-3030	34	9	of	of	ADP
fbem-3030	34	10	issuing	issue	VERB
fbem-3030	34	11	green	green	ADJ
fbem-3030	34	12	bonds	bond	NOUN
fbem-3030	34	13	on	on	ADP
fbem-3030	34	14	firms	firm	NOUN
fbem-3030	34	15	’	'	PUNCT
fbem-3030	34	16	environmental	environmental	ADJ
fbem-3030	34	17	performance	performance	NOUN
fbem-3030	34	18	also	also	ADV
fbem-3030	34	19	examine	examine	VERB
fbem-3030	34	20	the	the	DET
fbem-3030	34	21	outcome	outcome	NOUN
fbem-3030	34	22	of	of	ADP
fbem-3030	34	23	previous	previous	ADJ
fbem-3030	34	24	essays	essay	NOUN
fbem-3030	34	25	.	.	PUNCT
fbem-3030	35	1	although	although	SCONJ
fbem-3030	35	2	issuing	issue	VERB
fbem-3030	35	3	green	green	ADJ
fbem-3030	35	4	bonds	bond	NOUN
fbem-3030	35	5	does	do	AUX
fbem-3030	35	6	raise	raise	VERB
fbem-3030	35	7	stock	stock	NOUN
fbem-3030	35	8	prices	price	NOUN
fbem-3030	35	9	and	and	CCONJ
fbem-3030	35	10	this	this	PRON
fbem-3030	35	11	shows	show	VERB
fbem-3030	35	12	that	that	SCONJ
fbem-3030	35	13	green	green	ADJ
fbem-3030	35	14	bonds	bond	NOUN
fbem-3030	35	15	issuance	issuance	NOUN
fbem-3030	35	16	can	can	AUX
fbem-3030	35	17	help	help	VERB
fbem-3030	35	18	companies	company	NOUN
fbem-3030	35	19	attract	attract	VERB
fbem-3030	35	20	investors	investor	NOUN
fbem-3030	35	21	,	,	PUNCT
fbem-3030	35	22	the	the	DET
fbem-3030	35	23	higher	high	ADJ
fbem-3030	35	24	stock	stock	NOUN
fbem-3030	35	25	price	price	NOUN
fbem-3030	35	26	does	do	AUX
fbem-3030	35	27	not	not	PART
fbem-3030	35	28	keep	keep	VERB
fbem-3030	35	29	for	for	ADP
fbem-3030	35	30	a	a	DET
fbem-3030	35	31	long	long	ADJ
fbem-3030	35	32	period	period	NOUN
fbem-3030	35	33	and	and	CCONJ
fbem-3030	35	34	even	even	ADV
fbem-3030	35	35	experiences	experience	VERB
fbem-3030	35	36	a	a	DET
fbem-3030	35	37	decrease	decrease	NOUN
fbem-3030	35	38	compared	compare	VERB
fbem-3030	35	39	to	to	ADP
fbem-3030	35	40	that	that	PRON
fbem-3030	35	41	before	before	ADP
fbem-3030	35	42	issuance	issuance	NOUN
fbem-3030	35	43	.	.	PUNCT
fbem-3030	36	1	many	many	ADJ
fbem-3030	36	2	reasons	reason	NOUN
fbem-3030	36	3	exist	exist	VERB
fbem-3030	36	4	behind	behind	ADP
fbem-3030	36	5	such	such	DET
fbem-3030	36	6	a	a	DET
fbem-3030	36	7	phenomenon	phenomenon	NOUN
fbem-3030	36	8	,	,	PUNCT
fbem-3030	36	9	among	among	ADP
fbem-3030	36	10	which	which	PRON
fbem-3030	36	11	inadequate	inadequate	ADJ
fbem-3030	36	12	government	government	NOUN
fbem-3030	36	13	support	support	NOUN
fbem-3030	36	14	can	can	AUX
fbem-3030	36	15	also	also	ADV
fbem-3030	36	16	be	be	AUX
fbem-3030	36	17	attributed	attribute	VERB
fbem-3030	36	18	to	to	ADP
fbem-3030	36	19	.	.	PUNCT
fbem-3030	37	1	we	we	PRON
fbem-3030	37	2	hope	hope	VERB
fbem-3030	37	3	that	that	SCONJ
fbem-3030	37	4	government	government	NOUN
fbem-3030	37	5	could	could	AUX
fbem-3030	37	6	encourage	encourage	VERB
fbem-3030	37	7	issuing	issue	VERB
fbem-3030	37	8	green	green	ADJ
fbem-3030	37	9	bonds	bond	NOUN
fbem-3030	37	10	more	more	ADV
fbem-3030	37	11	with	with	ADP
fbem-3030	37	12	for	for	ADP
fbem-3030	37	13	example	example	NOUN
fbem-3030	37	14	,	,	PUNCT
fbem-3030	37	15	more	more	ADJ
fbem-3030	37	16	funds	fund	NOUN
fbem-3030	37	17	and	and	CCONJ
fbem-3030	37	18	heavier	heavy	ADJ
fbem-3030	37	19	tax	tax	NOUN
fbem-3030	37	20	incentives	incentive	NOUN
fbem-3030	37	21	.	.	PUNCT
fbem-3030	38	1	213	213	NUM
fbem-3030	38	2	2	2	NUM
fbem-3030	38	3	.	.	PUNCT
fbem-3030	38	4	background	background	NOUN
fbem-3030	38	5	compared	compare	VERB
fbem-3030	38	6	with	with	ADP
fbem-3030	38	7	common	common	ADJ
fbem-3030	38	8	bonds	bond	NOUN
fbem-3030	38	9	,	,	PUNCT
fbem-3030	38	10	the	the	DET
fbem-3030	38	11	speciality	speciality	NOUN
fbem-3030	38	12	of	of	ADP
fbem-3030	38	13	green	green	ADJ
fbem-3030	38	14	bonds	bond	NOUN
fbem-3030	38	15	exists	exist	VERB
fbem-3030	38	16	in	in	ADP
fbem-3030	38	17	four	four	NUM
fbem-3030	38	18	aspects	aspect	NOUN
fbem-3030	38	19	,	,	PUNCT
fbem-3030	38	20	which	which	PRON
fbem-3030	38	21	are	be	AUX
fbem-3030	38	22	the	the	DET
fbem-3030	38	23	aim	aim	NOUN
fbem-3030	38	24	of	of	ADP
fbem-3030	38	25	collecting	collect	VERB
fbem-3030	38	26	public	public	ADJ
fbem-3030	38	27	funds	fund	NOUN
fbem-3030	38	28	,	,	PUNCT
fbem-3030	38	29	the	the	DET
fbem-3030	38	30	assessment	assessment	NOUN
fbem-3030	38	31	and	and	CCONJ
fbem-3030	38	32	choice	choice	NOUN
fbem-3030	38	33	of	of	ADP
fbem-3030	38	34	green	green	ADJ
fbem-3030	38	35	projects	project	NOUN
fbem-3030	38	36	,	,	PUNCT
fbem-3030	38	37	follow	follow	VERB
fbem-3030	38	38	-	-	PUNCT
fbem-3030	38	39	up	up	ADP
fbem-3030	38	40	management	management	NOUN
fbem-3030	38	41	of	of	ADP
fbem-3030	38	42	the	the	DET
fbem-3030	38	43	raised	raise	VERB
fbem-3030	38	44	fund	fund	NOUN
fbem-3030	38	45	and	and	CCONJ
fbem-3030	38	46	requiring	require	VERB
fbem-3030	38	47	the	the	DET
fbem-3030	38	48	issuance	issuance	NOUN
fbem-3030	38	49	of	of	ADP
fbem-3030	38	50	relevant	relevant	ADJ
fbem-3030	38	51	annual	annual	ADJ
fbem-3030	38	52	reports	report	NOUN
fbem-3030	38	53	.	.	PUNCT
fbem-3030	39	1	actually	actually	ADV
fbem-3030	39	2	,	,	PUNCT
fbem-3030	39	3	the	the	DET
fbem-3030	39	4	definitions	definition	NOUN
fbem-3030	39	5	of	of	ADP
fbem-3030	39	6	green	green	ADJ
fbem-3030	39	7	bonds	bond	NOUN
fbem-3030	39	8	home	home	ADV
fbem-3030	39	9	and	and	CCONJ
fbem-3030	39	10	abroad	abroad	ADV
fbem-3030	39	11	differ	differ	VERB
fbem-3030	39	12	a	a	DET
fbem-3030	39	13	little	little	ADJ
fbem-3030	39	14	,	,	PUNCT
fbem-3030	39	15	but	but	CCONJ
fbem-3030	39	16	the	the	DET
fbem-3030	39	17	consensus	consensus	NOUN
fbem-3030	39	18	is	be	AUX
fbem-3030	39	19	that	that	SCONJ
fbem-3030	39	20	the	the	DET
fbem-3030	39	21	funds	fund	NOUN
fbem-3030	39	22	collected	collect	VERB
fbem-3030	39	23	in	in	ADP
fbem-3030	39	24	the	the	DET
fbem-3030	39	25	name	name	NOUN
fbem-3030	39	26	of	of	ADP
fbem-3030	39	27	green	green	ADJ
fbem-3030	39	28	bonds	bond	NOUN
fbem-3030	39	29	shall	shall	AUX
fbem-3030	39	30	be	be	AUX
fbem-3030	39	31	employed	employ	VERB
fbem-3030	39	32	in	in	ADP
fbem-3030	39	33	green	green	ADJ
fbem-3030	39	34	projects	project	NOUN
fbem-3030	39	35	or	or	CCONJ
fbem-3030	39	36	assets	asset	NOUN
fbem-3030	39	37	.	.	PUNCT
fbem-3030	40	1	such	such	DET
fbem-3030	40	2	a	a	DET
fbem-3030	40	3	definition	definition	NOUN
fbem-3030	40	4	raises	raise	VERB
fbem-3030	40	5	two	two	NUM
fbem-3030	40	6	assumptions	assumption	NOUN
fbem-3030	40	7	,	,	PUNCT
fbem-3030	40	8	first	first	ADV
fbem-3030	40	9	,	,	PUNCT
fbem-3030	40	10	as	as	SCONJ
fbem-3030	40	11	the	the	DET
fbem-3030	40	12	environmental	environmental	PROPN
fbem-3030	40	13	protection	protection	NOUN
fbem-3030	40	14	policy	policy	NOUN
fbem-3030	40	15	is	be	AUX
fbem-3030	40	16	high	high	ADJ
fbem-3030	40	17	on	on	ADP
fbem-3030	40	18	the	the	DET
fbem-3030	40	19	agenda	agenda	NOUN
fbem-3030	40	20	,	,	PUNCT
fbem-3030	40	21	chances	chance	NOUN
fbem-3030	40	22	are	be	AUX
fbem-3030	40	23	that	that	SCONJ
fbem-3030	40	24	the	the	DET
fbem-3030	40	25	issuance	issuance	NOUN
fbem-3030	40	26	of	of	ADP
fbem-3030	40	27	green	green	ADJ
fbem-3030	40	28	bonds	bond	NOUN
fbem-3030	40	29	can	can	AUX
fbem-3030	40	30	attract	attract	VERB
fbem-3030	40	31	a	a	DET
fbem-3030	40	32	certain	certain	NOUN
fbem-3030	40	33	of	of	ADP
fbem-3030	40	34	investors	investor	NOUN
fbem-3030	40	35	.	.	PUNCT
fbem-3030	41	1	second	second	ADJ
fbem-3030	41	2	,	,	PUNCT
fbem-3030	41	3	once	once	ADV
fbem-3030	41	4	a	a	DET
fbem-3030	41	5	firm	firm	NOUN
fbem-3030	41	6	issued	issue	VERB
fbem-3030	41	7	green	green	ADJ
fbem-3030	41	8	bonds	bond	NOUN
fbem-3030	41	9	,	,	PUNCT
fbem-3030	41	10	the	the	DET
fbem-3030	41	11	environmental	environmental	ADJ
fbem-3030	41	12	performance	performance	NOUN
fbem-3030	41	13	would	would	AUX
fbem-3030	41	14	be	be	AUX
fbem-3030	41	15	improved	improve	VERB
fbem-3030	41	16	.	.	PUNCT
fbem-3030	42	1	at	at	ADP
fbem-3030	42	2	the	the	DET
fbem-3030	42	3	thought	thought	NOUN
fbem-3030	42	4	of	of	ADP
fbem-3030	42	5	these	these	DET
fbem-3030	42	6	two	two	NUM
fbem-3030	42	7	probable	probable	ADJ
fbem-3030	42	8	outcomes	outcome	NOUN
fbem-3030	42	9	,	,	PUNCT
fbem-3030	42	10	we	we	PRON
fbem-3030	42	11	start	start	VERB
fbem-3030	42	12	to	to	PART
fbem-3030	42	13	verify	verify	VERB
fbem-3030	42	14	them	they	PRON
fbem-3030	42	15	.	.	PUNCT
fbem-3030	43	1	3	3	X
fbem-3030	43	2	.	.	X
fbem-3030	43	3	literary	literary	ADJ
fbem-3030	43	4	review	review	PROPN
fbem-3030	43	5	caroline	caroline	PROPN
fbem-3030	43	6	flammer	flammer	PROPN
fbem-3030	43	7	examines	examine	VERB
fbem-3030	43	8	how	how	SCONJ
fbem-3030	43	9	the	the	DET
fbem-3030	43	10	stock	stock	NOUN
fbem-3030	43	11	market	market	NOUN
fbem-3030	43	12	responds	respond	VERB
fbem-3030	43	13	to	to	ADP
fbem-3030	43	14	the	the	DET
fbem-3030	43	15	issuance	issuance	NOUN
fbem-3030	43	16	of	of	ADP
fbem-3030	43	17	green	green	ADJ
fbem-3030	43	18	bonds	bond	NOUN
fbem-3030	43	19	and	and	CCONJ
fbem-3030	43	20	the	the	DET
fbem-3030	43	21	evolution	evolution	NOUN
fbem-3030	43	22	of	of	ADP
fbem-3030	43	23	various	various	ADJ
fbem-3030	43	24	firm	firm	ADJ
fbem-3030	43	25	-	-	PUNCT
fbem-3030	43	26	level	level	NOUN
fbem-3030	43	27	outcomes	outcome	NOUN
fbem-3030	43	28	following	follow	VERB
fbem-3030	43	29	the	the	DET
fbem-3030	43	30	issuance	issuance	NOUN
fbem-3030	43	31	of	of	ADP
fbem-3030	43	32	green	green	ADJ
fbem-3030	43	33	bonds	bond	NOUN
fbem-3030	43	34	,	,	PUNCT
fbem-3030	43	35	and	and	CCONJ
fbem-3030	43	36	he	he	PRON
fbem-3030	43	37	finds	find	VERB
fbem-3030	43	38	that	that	SCONJ
fbem-3030	43	39	investors	investor	NOUN
fbem-3030	43	40	respond	respond	VERB
fbem-3030	43	41	positively	positively	ADV
fbem-3030	43	42	to	to	ADP
fbem-3030	43	43	the	the	DET
fbem-3030	43	44	issuance	issuance	NOUN
fbem-3030	43	45	announcement	announcement	NOUN
fbem-3030	43	46	,	,	PUNCT
fbem-3030	43	47	a	a	DET
fbem-3030	43	48	response	response	NOUN
fbem-3030	43	49	that	that	PRON
fbem-3030	43	50	is	be	AUX
fbem-3030	43	51	stronger	strong	ADJ
fbem-3030	43	52	for	for	ADP
fbem-3030	43	53	firsttime	firsttime	NOUN
fbem-3030	43	54	issuers	issuer	NOUN
fbem-3030	43	55	and	and	CCONJ
fbem-3030	43	56	bonds	bond	NOUN
fbem-3030	43	57	certified	certify	VERB
fbem-3030	43	58	by	by	ADP
fbem-3030	43	59	third	third	ADJ
fbem-3030	43	60	parties	party	NOUN
fbem-3030	43	61	.	.	PUNCT
fbem-3030	44	1	the	the	DET
fbem-3030	44	2	issuers	issuer	NOUN
fbem-3030	44	3	improve	improve	VERB
fbem-3030	44	4	their	their	PRON
fbem-3030	44	5	environmental	environmental	ADJ
fbem-3030	44	6	performance	performance	NOUN
fbem-3030	44	7	post	post	ADJ
fbem-3030	44	8	-	-	NOUN
fbem-3030	44	9	issuance	issuance	NOUN
fbem-3030	44	10	(	(	PUNCT
fbem-3030	44	11	i.e.	i.e.	X
fbem-3030	44	12	,	,	PUNCT
fbem-3030	44	13	higher	high	ADJ
fbem-3030	44	14	environmental	environmental	ADJ
fbem-3030	44	15	ratings	rating	NOUN
fbem-3030	44	16	and	and	CCONJ
fbem-3030	44	17	lower	low	ADJ
fbem-3030	44	18	co2	co2	NOUN
fbem-3030	44	19	emissions	emission	NOUN
fbem-3030	44	20	)	)	PUNCT
fbem-3030	44	21	and	and	CCONJ
fbem-3030	44	22	experience	experience	VERB
fbem-3030	44	23	an	an	DET
fbem-3030	44	24	increase	increase	NOUN
fbem-3030	44	25	in	in	ADP
fbem-3030	44	26	ownership	ownership	NOUN
fbem-3030	44	27	by	by	ADP
fbem-3030	44	28	long	long	ADJ
fbem-3030	44	29	-	-	PUNCT
fbem-3030	44	30	term	term	NOUN
fbem-3030	44	31	and	and	CCONJ
fbem-3030	44	32	green	green	ADJ
fbem-3030	44	33	investors	investor	NOUN
fbem-3030	44	34	.	.	PUNCT
fbem-3030	45	1	our	our	PRON
fbem-3030	45	2	research	research	NOUN
fbem-3030	45	3	also	also	ADV
fbem-3030	45	4	find	find	VERB
fbem-3030	45	5	that	that	SCONJ
fbem-3030	45	6	issuing	issue	VERB
fbem-3030	45	7	green	green	ADJ
fbem-3030	45	8	bonds	bond	NOUN
fbem-3030	45	9	can	can	AUX
fbem-3030	45	10	attract	attract	VERB
fbem-3030	45	11	investors	investor	NOUN
fbem-3030	45	12	and	and	CCONJ
fbem-3030	45	13	the	the	DET
fbem-3030	45	14	issuers	issuer	NOUN
fbem-3030	45	15	would	would	AUX
fbem-3030	45	16	improve	improve	VERB
fbem-3030	45	17	their	their	PRON
fbem-3030	45	18	environmental	environmental	ADJ
fbem-3030	45	19	performances	performance	NOUN
fbem-3030	45	20	.	.	PUNCT
fbem-3030	46	1	caroline	caroline	PROPN
fbem-3030	46	2	flammer	flammer	PROPN
fbem-3030	46	3	adopts	adopt	VERB
fbem-3030	46	4	an	an	DET
fbem-3030	46	5	event	event	NOUN
fbem-3030	46	6	study	study	NOUN
fbem-3030	46	7	methodology	methodology	NOUN
fbem-3030	46	8	to	to	PART
fbem-3030	46	9	study	study	VERB
fbem-3030	46	10	the	the	DET
fbem-3030	46	11	reaction	reaction	NOUN
fbem-3030	46	12	of	of	ADP
fbem-3030	46	13	investors	investor	NOUN
fbem-3030	46	14	,	,	PUNCT
fbem-3030	46	15	in	in	ADP
fbem-3030	46	16	contrast	contrast	NOUN
fbem-3030	46	17	,	,	PUNCT
fbem-3030	46	18	we	we	PRON
fbem-3030	46	19	use	use	VERB
fbem-3030	46	20	regressionion	regressionion	NOUN
fbem-3030	46	21	discontinuity	discontinuity	NOUN
fbem-3030	46	22	design	design	NOUN
fbem-3030	46	23	(	(	PUNCT
fbem-3030	46	24	rdd	rdd	PROPN
fbem-3030	46	25	)	)	PUNCT
fbem-3030	46	26	to	to	PART
fbem-3030	46	27	examine	examine	VERB
fbem-3030	46	28	the	the	DET
fbem-3030	46	29	same	same	ADJ
fbem-3030	46	30	question	question	NOUN
fbem-3030	46	31	,	,	PUNCT
fbem-3030	46	32	and	and	CCONJ
fbem-3030	46	33	we	we	PRON
fbem-3030	46	34	collect	collect	VERB
fbem-3030	46	35	the	the	DET
fbem-3030	46	36	stock	stock	NOUN
fbem-3030	46	37	prices	price	NOUN
fbem-3030	46	38	in	in	ADP
fbem-3030	46	39	the	the	DET
fbem-3030	46	40	year	year	NOUN
fbem-3030	46	41	2018	2018	NUM
fbem-3030	46	42	only	only	ADV
fbem-3030	46	43	to	to	PART
fbem-3030	46	44	reflect	reflect	VERB
fbem-3030	46	45	the	the	DET
fbem-3030	46	46	investments	investment	NOUN
fbem-3030	46	47	.	.	PUNCT
fbem-3030	47	1	when	when	SCONJ
fbem-3030	47	2	it	it	PRON
fbem-3030	47	3	comes	come	VERB
fbem-3030	47	4	to	to	ADP
fbem-3030	47	5	the	the	DET
fbem-3030	47	6	environmental	environmental	ADJ
fbem-3030	47	7	behaviors	behavior	NOUN
fbem-3030	47	8	,	,	PUNCT
fbem-3030	47	9	instead	instead	ADV
fbem-3030	47	10	of	of	ADP
fbem-3030	47	11	collecting	collect	VERB
fbem-3030	47	12	data	datum	NOUN
fbem-3030	47	13	about	about	ADP
fbem-3030	47	14	their	their	PRON
fbem-3030	47	15	environmental	environmental	ADJ
fbem-3030	47	16	ratings	rating	NOUN
fbem-3030	47	17	and	and	CCONJ
fbem-3030	47	18	co2	co2	NOUN
fbem-3030	47	19	emissions	emission	NOUN
fbem-3030	47	20	directly	directly	ADV
fbem-3030	47	21	,	,	PUNCT
fbem-3030	47	22	we	we	PRON
fbem-3030	47	23	observe	observe	VERB
fbem-3030	47	24	their	their	PRON
fbem-3030	47	25	expense	expense	NOUN
fbem-3030	47	26	in	in	ADP
fbem-3030	47	27	energy	energy	NOUN
fbem-3030	47	28	conservation	conservation	NOUN
fbem-3030	47	29	and	and	CCONJ
fbem-3030	47	30	emission	emission	NOUN
fbem-3030	47	31	reduction	reduction	NOUN
fbem-3030	47	32	,	,	PUNCT
fbem-3030	47	33	investment	investment	NOUN
fbem-3030	47	34	in	in	ADP
fbem-3030	47	35	green	green	ADJ
fbem-3030	47	36	projects	project	NOUN
fbem-3030	47	37	,	,	PUNCT
fbem-3030	47	38	patents	patent	NOUN
fbem-3030	47	39	for	for	ADP
fbem-3030	47	40	environmental	environmental	ADJ
fbem-3030	47	41	protection	protection	NOUN
fbem-3030	47	42	projects	project	NOUN
fbem-3030	47	43	and	and	CCONJ
fbem-3030	47	44	so	so	ADV
fbem-3030	47	45	on	on	ADV
fbem-3030	47	46	.	.	PUNCT
fbem-3030	48	1	through	through	ADP
fbem-3030	48	2	the	the	DET
fbem-3030	48	3	above	above	ADJ
fbem-3030	48	4	methodology	methodology	NOUN
fbem-3030	48	5	,	,	PUNCT
fbem-3030	48	6	we	we	PRON
fbem-3030	48	7	study	study	VERB
fbem-3030	48	8	the	the	DET
fbem-3030	48	9	long	long	ADJ
fbem-3030	48	10	-	-	PUNCT
fbem-3030	48	11	term	term	NOUN
fbem-3030	48	12	and	and	CCONJ
fbem-3030	48	13	short	short	ADJ
fbem-3030	48	14	-	-	PUNCT
fbem-3030	48	15	term	term	NOUN
fbem-3030	48	16	effects	effect	NOUN
fbem-3030	48	17	of	of	ADP
fbem-3030	48	18	issuing	issue	VERB
fbem-3030	48	19	green	green	ADJ
fbem-3030	48	20	bonds	bond	NOUN
fbem-3030	48	21	on	on	ADP
fbem-3030	48	22	public	public	ADJ
fbem-3030	48	23	companies	company	NOUN
fbem-3030	48	24	.	.	PUNCT
fbem-3030	49	1	what	what	PRON
fbem-3030	49	2	’s	’	VERB
fbem-3030	49	3	more	more	ADJ
fbem-3030	49	4	,	,	PUNCT
fbem-3030	49	5	since	since	SCONJ
fbem-3030	49	6	caroline	caroline	PROPN
fbem-3030	49	7	flammer	flammer	PROPN
fbem-3030	49	8	found	find	VERB
fbem-3030	49	9	that	that	SCONJ
fbem-3030	49	10	the	the	DET
fbem-3030	49	11	response	response	NOUN
fbem-3030	49	12	of	of	ADP
fbem-3030	49	13	investors	investor	NOUN
fbem-3030	49	14	is	be	AUX
fbem-3030	49	15	stronger	strong	ADJ
fbem-3030	49	16	for	for	ADP
fbem-3030	49	17	first	first	ADJ
fbem-3030	49	18	-	-	PUNCT
fbem-3030	49	19	time	time	NOUN
fbem-3030	49	20	issuers	issuer	NOUN
fbem-3030	49	21	,	,	PUNCT
fbem-3030	49	22	we	we	PRON
fbem-3030	49	23	also	also	ADV
fbem-3030	49	24	come	come	VERB
fbem-3030	49	25	up	up	ADP
fbem-3030	49	26	with	with	ADP
fbem-3030	49	27	a	a	DET
fbem-3030	49	28	question	question	NOUN
fbem-3030	49	29	whether	whether	SCONJ
fbem-3030	49	30	the	the	DET
fbem-3030	49	31	stock	stock	NOUN
fbem-3030	49	32	prices	price	NOUN
fbem-3030	49	33	,	,	PUNCT
fbem-3030	49	34	which	which	PRON
fbem-3030	49	35	we	we	PRON
fbem-3030	49	36	regard	regard	VERB
fbem-3030	49	37	as	as	ADP
fbem-3030	49	38	a	a	DET
fbem-3030	49	39	symbol	symbol	NOUN
fbem-3030	49	40	of	of	ADP
fbem-3030	49	41	investors	investor	NOUN
fbem-3030	49	42	’	’	PART
fbem-3030	49	43	response	response	NOUN
fbem-3030	49	44	,	,	PUNCT
fbem-3030	49	45	would	would	AUX
fbem-3030	49	46	gradually	gradually	ADV
fbem-3030	49	47	decrease	decrease	VERB
fbem-3030	49	48	as	as	SCONJ
fbem-3030	49	49	time	time	NOUN
fbem-3030	49	50	goes	go	VERB
fbem-3030	49	51	by	by	ADV
fbem-3030	49	52	.	.	PUNCT
fbem-3030	50	1	this	this	DET
fbem-3030	50	2	question	question	NOUN
fbem-3030	50	3	would	would	AUX
fbem-3030	50	4	be	be	AUX
fbem-3030	50	5	answered	answer	VERB
fbem-3030	50	6	simultaneously	simultaneously	ADV
fbem-3030	50	7	with	with	ADP
fbem-3030	50	8	the	the	DET
fbem-3030	50	9	above	above	ADJ
fbem-3030	50	10	two	two	NUM
fbem-3030	50	11	assumptions	assumption	NOUN
fbem-3030	50	12	.	.	PUNCT
fbem-3030	51	1	4	4	X
fbem-3030	51	2	.	.	NOUN
fbem-3030	51	3	method	method	NOUN
fbem-3030	51	4	and	and	CCONJ
fbem-3030	51	5	data	datum	NOUN
fbem-3030	51	6	this	this	DET
fbem-3030	51	7	research	research	NOUN
fbem-3030	51	8	is	be	AUX
fbem-3030	51	9	divided	divide	VERB
fbem-3030	51	10	into	into	ADP
fbem-3030	51	11	two	two	NUM
fbem-3030	51	12	main	main	ADJ
fbem-3030	51	13	parts	part	NOUN
fbem-3030	51	14	,	,	PUNCT
fbem-3030	51	15	which	which	PRON
fbem-3030	51	16	are	be	AUX
fbem-3030	51	17	the	the	DET
fbem-3030	51	18	short	short	ADJ
fbem-3030	51	19	-	-	PUNCT
fbem-3030	51	20	term	term	NOUN
fbem-3030	51	21	effects	effect	NOUN
fbem-3030	51	22	of	of	ADP
fbem-3030	51	23	issuing	issue	VERB
fbem-3030	51	24	green	green	ADJ
fbem-3030	51	25	bonds	bond	NOUN
fbem-3030	51	26	and	and	CCONJ
fbem-3030	51	27	the	the	DET
fbem-3030	51	28	long	long	ADJ
fbem-3030	51	29	-	-	PUNCT
fbem-3030	51	30	term	term	NOUN
fbem-3030	51	31	effects	effect	NOUN
fbem-3030	51	32	.	.	PUNCT
fbem-3030	52	1	to	to	PART
fbem-3030	52	2	study	study	VERB
fbem-3030	52	3	the	the	DET
fbem-3030	52	4	short	short	ADJ
fbem-3030	52	5	-	-	PUNCT
fbem-3030	52	6	term	term	NOUN
fbem-3030	52	7	effects	effect	NOUN
fbem-3030	52	8	,	,	PUNCT
fbem-3030	52	9	we	we	PRON
fbem-3030	52	10	use	use	VERB
fbem-3030	52	11	the	the	DET
fbem-3030	52	12	stock	stock	NOUN
fbem-3030	52	13	price	price	NOUN
fbem-3030	52	14	of	of	ADP
fbem-3030	52	15	public	public	ADJ
fbem-3030	52	16	companies	company	NOUN
fbem-3030	52	17	as	as	ADP
fbem-3030	52	18	a	a	DET
fbem-3030	52	19	measure	measure	NOUN
fbem-3030	52	20	and	and	CCONJ
fbem-3030	52	21	collect	collect	VERB
fbem-3030	52	22	the	the	DET
fbem-3030	52	23	stock	stock	NOUN
fbem-3030	52	24	prices	price	NOUN
fbem-3030	52	25	of	of	ADP
fbem-3030	52	26	all	all	DET
fbem-3030	52	27	listed	list	VERB
fbem-3030	52	28	companies	company	NOUN
fbem-3030	52	29	that	that	PRON
fbem-3030	52	30	issued	issue	VERB
fbem-3030	52	31	green	green	ADJ
fbem-3030	52	32	bonds	bond	NOUN
fbem-3030	52	33	in	in	ADP
fbem-3030	52	34	2018	2018	NUM
fbem-3030	52	35	.	.	PUNCT
fbem-3030	53	1	we	we	PRON
fbem-3030	53	2	set	set	VERB
fbem-3030	53	3	the	the	DET
fbem-3030	53	4	date	date	NOUN
fbem-3030	53	5	of	of	ADP
fbem-3030	53	6	issuing	issue	VERB
fbem-3030	53	7	green	green	ADJ
fbem-3030	53	8	bonds	bond	NOUN
fbem-3030	53	9	as	as	ADP
fbem-3030	53	10	the	the	DET
fbem-3030	53	11	discontinuity	discontinuity	NOUN
fbem-3030	53	12	point	point	NOUN
fbem-3030	53	13	and	and	CCONJ
fbem-3030	53	14	carry	carry	VERB
fbem-3030	53	15	out	out	ADP
fbem-3030	53	16	regression	regression	NOUN
fbem-3030	53	17	analysis	analysis	NOUN
fbem-3030	53	18	on	on	ADP
fbem-3030	53	19	stock	stock	NOUN
fbem-3030	53	20	prices	price	NOUN
fbem-3030	53	21	.	.	PUNCT
fbem-3030	54	1	as	as	ADP
fbem-3030	54	2	for	for	ADP
fbem-3030	54	3	the	the	DET
fbem-3030	54	4	long	long	ADJ
fbem-3030	54	5	-	-	PUNCT
fbem-3030	54	6	term	term	NOUN
fbem-3030	54	7	effects	effect	NOUN
fbem-3030	54	8	,	,	PUNCT
fbem-3030	54	9	we	we	PRON
fbem-3030	54	10	used	use	VERB
fbem-3030	54	11	did	do	AUX
fbem-3030	54	12	model	model	NOUN
fbem-3030	54	13	to	to	PART
fbem-3030	54	14	analyze	analyze	VERB
fbem-3030	54	15	that	that	SCONJ
fbem-3030	54	16	whether	whether	SCONJ
fbem-3030	54	17	green	green	ADJ
fbem-3030	54	18	bond	bond	NOUN
fbem-3030	54	19	issuance	issuance	NOUN
fbem-3030	54	20	has	have	VERB
fbem-3030	54	21	an	an	DET
fbem-3030	54	22	impact	impact	NOUN
fbem-3030	54	23	on	on	ADP
fbem-3030	54	24	operating	operating	NOUN
fbem-3030	54	25	revenue	revenue	NOUN
fbem-3030	54	26	.	.	PUNCT
fbem-3030	55	1	the	the	DET
fbem-3030	55	2	basic	basic	ADJ
fbem-3030	55	3	idea	idea	NOUN
fbem-3030	55	4	of	of	ADP
fbem-3030	55	5	the	the	DET
fbem-3030	55	6	did	did	ADJ
fbem-3030	55	7	model	model	NOUN
fbem-3030	55	8	is	be	AUX
fbem-3030	55	9	to	to	PART
fbem-3030	55	10	construct	construct	VERB
fbem-3030	55	11	the	the	DET
fbem-3030	55	12	differential	differential	ADJ
fbem-3030	55	13	statistics	statistic	NOUN
fbem-3030	55	14	reflecting	reflect	VERB
fbem-3030	55	15	the	the	DET
fbem-3030	55	16	policy	policy	NOUN
fbem-3030	55	17	effect	effect	NOUN
fbem-3030	55	18	by	by	ADP
fbem-3030	55	19	comparing	compare	VERB
fbem-3030	55	20	the	the	DET
fbem-3030	55	21	differences	difference	NOUN
fbem-3030	55	22	between	between	ADP
fbem-3030	55	23	the	the	DET
fbem-3030	55	24	control	control	NOUN
fbem-3030	55	25	group	group	NOUN
fbem-3030	55	26	and	and	CCONJ
fbem-3030	55	27	the	the	DET
fbem-3030	55	28	treatment	treatment	NOUN
fbem-3030	55	29	group	group	NOUN
fbem-3030	55	30	before	before	ADP
fbem-3030	55	31	and	and	CCONJ
fbem-3030	55	32	after	after	ADP
fbem-3030	55	33	the	the	DET
fbem-3030	55	34	implementation	implementation	NOUN
fbem-3030	55	35	of	of	ADP
fbem-3030	55	36	the	the	DET
fbem-3030	55	37	policy	policy	NOUN
fbem-3030	55	38	.	.	PUNCT
fbem-3030	56	1	in	in	ADP
fbem-3030	56	2	this	this	DET
fbem-3030	56	3	analysis	analysis	NOUN
fbem-3030	56	4	,	,	PUNCT
fbem-3030	56	5	before	before	SCONJ
fbem-3030	56	6	and	and	CCONJ
fbem-3030	56	7	after	after	ADP
fbem-3030	56	8	the	the	DET
fbem-3030	56	9	issuance	issuance	NOUN
fbem-3030	56	10	of	of	ADP
fbem-3030	56	11	green	green	ADJ
fbem-3030	56	12	bond	bond	NOUN
fbem-3030	56	13	are	be	AUX
fbem-3030	56	14	the	the	DET
fbem-3030	56	15	treatment	treatment	NOUN
fbem-3030	56	16	group	group	NOUN
fbem-3030	56	17	and	and	CCONJ
fbem-3030	56	18	the	the	DET
fbem-3030	56	19	control	control	NOUN
fbem-3030	56	20	group	group	NOUN
fbem-3030	56	21	.	.	PUNCT
fbem-3030	57	1	and	and	CCONJ
fbem-3030	57	2	we	we	PRON
fbem-3030	57	3	collected	collect	VERB
fbem-3030	57	4	data	datum	NOUN
fbem-3030	57	5	on	on	ADP
fbem-3030	57	6	pollution	pollution	NOUN
fbem-3030	57	7	emissions	emission	NOUN
fbem-3030	57	8	,	,	PUNCT
fbem-3030	57	9	green	green	ADJ
fbem-3030	57	10	patent	patent	NOUN
fbem-3030	57	11	applications	application	NOUN
fbem-3030	57	12	,	,	PUNCT
fbem-3030	57	13	investment	investment	NOUN
fbem-3030	57	14	climate	climate	NOUN
fbem-3030	57	15	,	,	PUNCT
fbem-3030	57	16	operating	operate	VERB
fbem-3030	57	17	revenue	revenue	NOUN
fbem-3030	57	18	and	and	CCONJ
fbem-3030	57	19	so	so	ADV
fbem-3030	57	20	on	on	ADV
fbem-3030	57	21	from	from	ADP
fbem-3030	57	22	300	300	NUM
fbem-3030	57	23	listed	list	VERB
fbem-3030	57	24	companies	company	NOUN
fbem-3030	57	25	from	from	ADP
fbem-3030	57	26	2010	2010	NUM
fbem-3030	57	27	to	to	ADP
fbem-3030	57	28	2020	2020	NUM
fbem-3030	57	29	to	to	PART
fbem-3030	57	30	conduct	conduct	VERB
fbem-3030	57	31	empirical	empirical	ADJ
fbem-3030	57	32	analysis	analysis	NOUN
fbem-3030	57	33	.	.	PUNCT
fbem-3030	58	1	5	5	X
fbem-3030	58	2	.	.	X
fbem-3030	58	3	results	result	NOUN
fbem-3030	58	4	first	first	ADV
fbem-3030	58	5	,	,	PUNCT
fbem-3030	58	6	i	i	PRON
fbem-3030	58	7	respectively	respectively	ADV
fbem-3030	58	8	describe	describe	VERB
fbem-3030	58	9	the	the	DET
fbem-3030	58	10	stock	stock	NOUN
fbem-3030	58	11	prices	price	NOUN
fbem-3030	58	12	before	before	ADP
fbem-3030	58	13	and	and	CCONJ
fbem-3030	58	14	after	after	ADP
fbem-3030	58	15	the	the	DET
fbem-3030	58	16	issuance	issuance	NOUN
fbem-3030	58	17	of	of	ADP
fbem-3030	58	18	green	green	ADJ
fbem-3030	58	19	bonds	bond	NOUN
fbem-3030	58	20	and	and	CCONJ
fbem-3030	58	21	get	get	VERB
fbem-3030	58	22	the	the	DET
fbem-3030	58	23	below	below	ADJ
fbem-3030	58	24	table	table	NOUN
fbem-3030	58	25	.	.	PUNCT
fbem-3030	59	1	we	we	PRON
fbem-3030	59	2	can	can	AUX
fbem-3030	59	3	find	find	VERB
fbem-3030	59	4	that	that	SCONJ
fbem-3030	59	5	the	the	DET
fbem-3030	59	6	average	average	ADJ
fbem-3030	59	7	stock	stock	NOUN
fbem-3030	59	8	price	price	NOUN
fbem-3030	59	9	before	before	ADV
fbem-3030	59	10	is	be	AUX
fbem-3030	59	11	higher	high	ADJ
fbem-3030	59	12	than	than	ADP
fbem-3030	59	13	the	the	DET
fbem-3030	59	14	price	price	NOUN
fbem-3030	59	15	after	after	ADP
fbem-3030	59	16	,	,	PUNCT
fbem-3030	59	17	which	which	PRON
fbem-3030	59	18	is	be	AUX
fbem-3030	59	19	beyond	beyond	ADP
fbem-3030	59	20	our	our	PRON
fbem-3030	59	21	expectations	expectation	NOUN
fbem-3030	59	22	.	.	PUNCT
fbem-3030	60	1	table	table	NOUN
fbem-3030	60	2	1	1	NUM
fbem-3030	60	3	.	.	PUNCT
fbem-3030	61	1	regression	regression	NOUN
fbem-3030	61	2	analysis	analysis	NOUN
fbem-3030	61	3	results	result	NOUN
fbem-3030	61	4	table	table	NOUN
fbem-3030	61	5	variable	variable	ADJ
fbem-3030	61	6	obs	obs	NOUN
fbem-3030	61	7	mean	mean	VERB
fbem-3030	61	8	std	std	PROPN
fbem-3030	61	9	.	.	PROPN
fbem-3030	62	1	dev	dev	PROPN
fbem-3030	62	2	.	.	PUNCT
fbem-3030	62	3	min	min	PROPN
fbem-3030	62	4	max	max	PROPN
fbem-3030	62	5	price	price	NOUN
fbem-3030	62	6	4863	4863	NUM
fbem-3030	62	7	16.187	16.187	NUM
fbem-3030	62	8	18.593	18.593	NUM
fbem-3030	62	9	2.09	2.09	NUM
fbem-3030	62	10	132.09	132.09	NUM
fbem-3030	62	11	date	date	NOUN
fbem-3030	62	12	4863	4863	NUM
fbem-3030	62	13	21316.353	21316.353	NUM
fbem-3030	62	14	91.061	91.061	NUM
fbem-3030	62	15	21186	21186	NUM
fbem-3030	62	16	21543	21543	NUM
fbem-3030	62	17	variable	variable	ADJ
fbem-3030	62	18	obs	obs	NOUN
fbem-3030	62	19	mean	mean	VERB
fbem-3030	62	20	std	std	PROPN
fbem-3030	62	21	.	.	PROPN
fbem-3030	63	1	dev	dev	PROPN
fbem-3030	63	2	.	.	PUNCT
fbem-3030	63	3	min	min	PROPN
fbem-3030	63	4	max	max	PROPN
fbem-3030	63	5	price	price	PROPN
fbem-3030	63	6	3694	3694	NUM
fbem-3030	63	7	14.216	14.216	NUM
fbem-3030	63	8	17.943	17.943	NUM
fbem-3030	63	9	2.13	2.13	NUM
fbem-3030	63	10	125.49	125.49	NUM
fbem-3030	63	11	date	date	NOUN
fbem-3030	63	12	3694	3694	NUM
fbem-3030	63	13	21436.295	21436.295	NUM
fbem-3030	63	14	81.966	81.966	NUM
fbem-3030	63	15	21201	21201	NUM
fbem-3030	63	16	21546	21546	NUM
fbem-3030	63	17	then	then	ADV
fbem-3030	63	18	i	i	PRON
fbem-3030	63	19	perform	perform	VERB
fbem-3030	63	20	regression	regression	NOUN
fbem-3030	63	21	discontinuity	discontinuity	NOUN
fbem-3030	63	22	design	design	NOUN
fbem-3030	63	23	,	,	PUNCT
fbem-3030	63	24	where	where	SCONJ
fbem-3030	63	25	the	the	DET
fbem-3030	63	26	numbers	number	NOUN
fbem-3030	63	27	on	on	ADP
fbem-3030	63	28	the	the	DET
fbem-3030	63	29	horizontal	horizontal	ADJ
fbem-3030	63	30	axis	axis	NOUN
fbem-3030	63	31	represent	represent	VERB
fbem-3030	63	32	the	the	DET
fbem-3030	63	33	difference	difference	NOUN
fbem-3030	63	34	between	between	ADP
fbem-3030	63	35	the	the	DET
fbem-3030	63	36	date	date	NOUN
fbem-3030	63	37	of	of	ADP
fbem-3030	63	38	issuance	issuance	NOUN
fbem-3030	63	39	and	and	CCONJ
fbem-3030	63	40	that	that	DET
fbem-3030	63	41	date	date	NOUN
fbem-3030	63	42	,	,	PUNCT
fbem-3030	63	43	and	and	CCONJ
fbem-3030	63	44	the	the	DET
fbem-3030	63	45	numbers	number	NOUN
fbem-3030	63	46	on	on	ADP
fbem-3030	63	47	the	the	DET
fbem-3030	63	48	vertical	vertical	ADJ
fbem-3030	63	49	axis	axis	NOUN
fbem-3030	63	50	are	be	AUX
fbem-3030	63	51	the	the	DET
fbem-3030	63	52	stock	stock	NOUN
fbem-3030	63	53	prices	price	NOUN
fbem-3030	63	54	.	.	PUNCT
fbem-3030	64	1	observing	observe	VERB
fbem-3030	64	2	the	the	DET
fbem-3030	64	3	below	below	ADP
fbem-3030	64	4	two	two	NUM
fbem-3030	64	5	graphs	graph	NOUN
fbem-3030	64	6	,	,	PUNCT
fbem-3030	64	7	we	we	PRON
fbem-3030	64	8	can	can	AUX
fbem-3030	64	9	conclude	conclude	VERB
fbem-3030	64	10	that	that	SCONJ
fbem-3030	64	11	there	there	PRON
fbem-3030	64	12	exists	exist	VERB
fbem-3030	64	13	an	an	DET
fbem-3030	64	14	obvious	obvious	ADJ
fbem-3030	64	15	increase	increase	NOUN
fbem-3030	64	16	in	in	ADP
fbem-3030	64	17	stock	stock	NOUN
fbem-3030	64	18	price	price	NOUN
fbem-3030	64	19	at	at	ADP
fbem-3030	64	20	the	the	DET
fbem-3030	64	21	date	date	NOUN
fbem-3030	64	22	of	of	ADP
fbem-3030	64	23	issuing	issue	VERB
fbem-3030	64	24	green	green	ADJ
fbem-3030	64	25	bonds	bond	NOUN
fbem-3030	64	26	,	,	PUNCT
fbem-3030	64	27	but	but	CCONJ
fbem-3030	64	28	the	the	DET
fbem-3030	64	29	higher	high	ADJ
fbem-3030	64	30	stock	stock	NOUN
fbem-3030	64	31	prices	price	NOUN
fbem-3030	64	32	do	do	AUX
fbem-3030	64	33	not	not	PART
fbem-3030	64	34	keep	keep	VERB
fbem-3030	64	35	a	a	DET
fbem-3030	64	36	long	long	ADJ
fbem-3030	64	37	period	period	NOUN
fbem-3030	64	38	and	and	CCONJ
fbem-3030	64	39	become	become	VERB
fbem-3030	64	40	even	even	ADV
fbem-3030	64	41	lower	low	ADJ
fbem-3030	64	42	than	than	ADP
fbem-3030	64	43	before	before	ADV
fbem-3030	64	44	.	.	PUNCT
fbem-3030	65	1	this	this	DET
fbem-3030	65	2	conclusion	conclusion	NOUN
fbem-3030	65	3	match	match	VERB
fbem-3030	65	4	the	the	DET
fbem-3030	65	5	descriptive	descriptive	ADJ
fbem-3030	65	6	statistics	statistic	NOUN
fbem-3030	65	7	and	and	CCONJ
fbem-3030	65	8	also	also	ADV
fbem-3030	65	9	our	our	PRON
fbem-3030	65	10	assumption	assumption	NOUN
fbem-3030	65	11	that	that	SCONJ
fbem-3030	65	12	investors	investor	NOUN
fbem-3030	65	13	response	response	VERB
fbem-3030	65	14	positively	positively	ADV
fbem-3030	65	15	to	to	ADP
fbem-3030	65	16	the	the	DET
fbem-3030	65	17	issuance	issuance	NOUN
fbem-3030	65	18	of	of	ADP
fbem-3030	65	19	green	green	ADJ
fbem-3030	65	20	bonds	bond	NOUN
fbem-3030	65	21	.	.	PUNCT
fbem-3030	66	1	214	214	NUM
fbem-3030	66	2	figure	figure	NOUN
fbem-3030	66	3	1	1	NUM
fbem-3030	66	4	.	.	PUNCT
fbem-3030	66	5	scatter	scatter	NOUN
fbem-3030	66	6	diagram	diagram	NOUN
fbem-3030	66	7	of	of	ADP
fbem-3030	66	8	the	the	DET
fbem-3030	66	9	sample	sample	NOUN
fbem-3030	66	10	in	in	ADP
fbem-3030	66	11	the	the	DET
fbem-3030	66	12	long	long	ADJ
fbem-3030	66	13	-	-	PUNCT
fbem-3030	66	14	term	term	NOUN
fbem-3030	66	15	study	study	NOUN
fbem-3030	67	1	,	,	PUNCT
fbem-3030	67	2	we	we	PRON
fbem-3030	67	3	collected	collect	VERB
fbem-3030	67	4	operating	operating	NOUN
fbem-3030	67	5	revenue	revenue	NOUN
fbem-3030	67	6	from	from	ADP
fbem-3030	67	7	2010	2010	NUM
fbem-3030	67	8	to	to	ADP
fbem-3030	67	9	2020	2020	NUM
fbem-3030	67	10	of	of	ADP
fbem-3030	67	11	300	300	NUM
fbem-3030	67	12	companies	company	NOUN
fbem-3030	67	13	.	.	PUNCT
fbem-3030	68	1	unfortunately	unfortunately	ADV
fbem-3030	68	2	,	,	PUNCT
fbem-3030	68	3	only	only	ADV
fbem-3030	68	4	650	650	NUM
fbem-3030	68	5	data	datum	NOUN
fbem-3030	68	6	were	be	AUX
fbem-3030	68	7	available	available	ADJ
fbem-3030	68	8	.	.	PUNCT
fbem-3030	69	1	we	we	PRON
fbem-3030	69	2	can	can	AUX
fbem-3030	69	3	only	only	ADV
fbem-3030	69	4	use	use	VERB
fbem-3030	69	5	the	the	DET
fbem-3030	69	6	available	available	ADJ
fbem-3030	69	7	data	datum	NOUN
fbem-3030	69	8	to	to	PART
fbem-3030	69	9	analyze	analyze	VERB
fbem-3030	69	10	whether	whether	SCONJ
fbem-3030	69	11	green	green	ADJ
fbem-3030	69	12	bond	bond	NOUN
fbem-3030	69	13	issuance	issuance	NOUN
fbem-3030	69	14	has	have	VERB
fbem-3030	69	15	an	an	DET
fbem-3030	69	16	impact	impact	NOUN
fbem-3030	69	17	on	on	ADP
fbem-3030	69	18	operating	operating	NOUN
fbem-3030	69	19	revenue	revenue	NOUN
fbem-3030	69	20	.	.	PUNCT
fbem-3030	70	1	operating	operate	VERB
fbem-3030	70	2	revenue	revenue	NOUN
fbem-3030	70	3	is	be	AUX
fbem-3030	70	4	the	the	DET
fbem-3030	70	5	explained	explain	VERB
fbem-3030	70	6	variable	variable	NOUN
fbem-3030	70	7	,	,	PUNCT
fbem-3030	70	8	before	before	SCONJ
fbem-3030	70	9	and	and	CCONJ
fbem-3030	70	10	after	after	ADP
fbem-3030	70	11	the	the	DET
fbem-3030	70	12	issuance	issuance	NOUN
fbem-3030	70	13	of	of	ADP
fbem-3030	70	14	green	green	ADJ
fbem-3030	70	15	bonds	bond	NOUN
fbem-3030	70	16	is	be	AUX
fbem-3030	70	17	set	set	VERB
fbem-3030	70	18	as	as	ADP
fbem-3030	70	19	the	the	DET
fbem-3030	70	20	dummy	dummy	ADJ
fbem-3030	70	21	variable	variable	NOUN
fbem-3030	70	22	,	,	PUNCT
fbem-3030	70	23	and	and	CCONJ
fbem-3030	70	24	other	other	ADJ
fbem-3030	70	25	factors	factor	NOUN
fbem-3030	70	26	such	such	ADJ
fbem-3030	70	27	as	as	ADP
fbem-3030	70	28	pollution	pollution	NOUN
fbem-3030	70	29	emission	emission	NOUN
fbem-3030	70	30	are	be	AUX
fbem-3030	70	31	the	the	DET
fbem-3030	70	32	control	control	NOUN
fbem-3030	70	33	variables	variable	NOUN
fbem-3030	70	34	.	.	PUNCT
fbem-3030	71	1	the	the	DET
fbem-3030	71	2	following	follow	VERB
fbem-3030	71	3	figure	figure	NOUN
fbem-3030	71	4	shows	show	VERB
fbem-3030	71	5	individual	individual	ADJ
fbem-3030	71	6	regression	regression	NOUN
fbem-3030	71	7	analysis	analysis	NOUN
fbem-3030	71	8	and	and	CCONJ
fbem-3030	71	9	fixed	fix	VERB
fbem-3030	71	10	-	-	PUNCT
fbem-3030	71	11	effect	effect	NOUN
fbem-3030	71	12	regression	regression	NOUN
fbem-3030	71	13	analysis	analysis	NOUN
fbem-3030	71	14	respectively	respectively	ADV
fbem-3030	71	15	.	.	PUNCT
fbem-3030	72	1	figure	figure	NOUN
fbem-3030	72	2	2	2	NUM
fbem-3030	72	3	.	.	PUNCT
fbem-3030	73	1	regression	regression	VERB
fbem-3030	73	2	analysis	analysis	NOUN
fbem-3030	73	3	results	result	NOUN
fbem-3030	73	4	table	table	NOUN
fbem-3030	73	5	of	of	ADP
fbem-3030	73	6	operating	operate	VERB
fbem-3030	73	7	revenue	revenue	NOUN
fbem-3030	73	8	from	from	ADP
fbem-3030	73	9	the	the	DET
fbem-3030	73	10	individual	individual	ADJ
fbem-3030	73	11	regression	regression	NOUN
fbem-3030	73	12	analysis	analysis	NOUN
fbem-3030	73	13	,	,	PUNCT
fbem-3030	73	14	we	we	PRON
fbem-3030	73	15	can	can	AUX
fbem-3030	73	16	know	know	VERB
fbem-3030	73	17	that	that	SCONJ
fbem-3030	73	18	p	p	NOUN
fbem-3030	73	19	-	-	PUNCT
fbem-3030	73	20	value	value	NOUN
fbem-3030	73	21	is	be	AUX
fbem-3030	73	22	very	very	ADV
fbem-3030	73	23	small	small	ADJ
fbem-3030	73	24	which	which	PRON
fbem-3030	73	25	means	mean	VERB
fbem-3030	73	26	that	that	SCONJ
fbem-3030	73	27	the	the	DET
fbem-3030	73	28	individual	individual	ADJ
fbem-3030	73	29	result	result	NOUN
fbem-3030	73	30	is	be	AUX
fbem-3030	73	31	significant	significant	ADJ
fbem-3030	73	32	.	.	PUNCT
fbem-3030	74	1	the	the	DET
fbem-3030	74	2	r	r	NOUN
fbem-3030	74	3	-	-	PUNCT
fbem-3030	74	4	squared	square	VERB
fbem-3030	74	5	is	be	AUX
fbem-3030	74	6	too	too	ADV
fbem-3030	74	7	small	small	ADJ
fbem-3030	74	8	and	and	CCONJ
fbem-3030	74	9	the	the	DET
fbem-3030	74	10	goodness	goodness	NOUN
fbem-3030	74	11	of	of	ADP
fbem-3030	74	12	fitting	fitting	ADJ
fbem-3030	74	13	is	be	AUX
fbem-3030	74	14	not	not	PART
fbem-3030	74	15	good	good	ADJ
fbem-3030	74	16	enough	enough	ADV
fbem-3030	74	17	.	.	PUNCT
fbem-3030	75	1	figure	figure	VERB
fbem-3030	75	2	3	3	NUM
fbem-3030	75	3	.	.	PUNCT
fbem-3030	75	4	fixed	fix	VERB
fbem-3030	75	5	-	-	PUNCT
fbem-3030	75	6	effects	effect	NOUN
fbem-3030	75	7	regression	regression	NOUN
fbem-3030	75	8	of	of	ADP
fbem-3030	75	9	operating	operate	VERB
fbem-3030	75	10	revenue	revenue	NOUN
fbem-3030	75	11	obviously	obviously	ADV
fbem-3030	75	12	,	,	PUNCT
fbem-3030	75	13	the	the	DET
fbem-3030	75	14	result	result	NOUN
fbem-3030	75	15	of	of	ADP
fbem-3030	75	16	this	this	DET
fbem-3030	75	17	experiment	experiment	NOUN
fbem-3030	75	18	was	be	AUX
fbem-3030	75	19	significant	significant	ADJ
fbem-3030	75	20	for	for	ADP
fbem-3030	75	21	a	a	DET
fbem-3030	75	22	long	long	ADJ
fbem-3030	75	23	period	period	NOUN
fbem-3030	75	24	.	.	PUNCT
fbem-3030	76	1	the	the	DET
fbem-3030	76	2	p	p	NOUN
fbem-3030	76	3	-	-	PUNCT
fbem-3030	76	4	value	value	NOUN
fbem-3030	76	5	showed	show	VERB
fbem-3030	76	6	that	that	SCONJ
fbem-3030	76	7	the	the	DET
fbem-3030	76	8	results	result	NOUN
fbem-3030	76	9	were	be	AUX
fbem-3030	76	10	significant	significant	ADJ
fbem-3030	76	11	,	,	PUNCT
fbem-3030	76	12	the	the	DET
fbem-3030	76	13	coefficient	coefficient	NOUN
fbem-3030	76	14	is	be	AUX
fbem-3030	76	15	positive	positive	ADJ
fbem-3030	76	16	.	.	PUNCT
fbem-3030	77	1	therefore	therefore	ADV
fbem-3030	77	2	,	,	PUNCT
fbem-3030	77	3	the	the	DET
fbem-3030	77	4	issuance	issuance	NOUN
fbem-3030	77	5	of	of	ADP
fbem-3030	77	6	green	green	ADJ
fbem-3030	77	7	bond	bond	NOUN
fbem-3030	77	8	has	have	VERB
fbem-3030	77	9	a	a	DET
fbem-3030	77	10	positive	positive	ADJ
fbem-3030	77	11	effect	effect	NOUN
fbem-3030	77	12	on	on	ADP
fbem-3030	77	13	operating	operating	NOUN
fbem-3030	77	14	revenue	revenue	NOUN
fbem-3030	77	15	.	.	PUNCT
fbem-3030	78	1	as	as	ADP
fbem-3030	78	2	for	for	ADP
fbem-3030	78	3	how	how	SCONJ
fbem-3030	78	4	to	to	PART
fbem-3030	78	5	improve	improve	VERB
fbem-3030	78	6	the	the	DET
fbem-3030	78	7	empirical	empirical	ADJ
fbem-3030	78	8	results	result	NOUN
fbem-3030	78	9	,	,	PUNCT
fbem-3030	78	10	i	i	PRON
fbem-3030	78	11	think	think	VERB
fbem-3030	78	12	we	we	PRON
fbem-3030	78	13	need	need	VERB
fbem-3030	78	14	more	more	ADJ
fbem-3030	78	15	data	datum	NOUN
fbem-3030	78	16	on	on	ADP
fbem-3030	78	17	operating	operating	NOUN
fbem-3030	78	18	revenue	revenue	NOUN
fbem-3030	78	19	and	and	CCONJ
fbem-3030	78	20	other	other	ADJ
fbem-3030	78	21	controlled	control	VERB
fbem-3030	78	22	variables	variable	NOUN
fbem-3030	78	23	.	.	PUNCT
fbem-3030	79	1	because	because	SCONJ
fbem-3030	79	2	there	there	PRON
fbem-3030	79	3	are	be	VERB
fbem-3030	79	4	so	so	ADV
fbem-3030	79	5	many	many	ADJ
fbem-3030	79	6	factors	factor	NOUN
fbem-3030	79	7	that	that	PRON
fbem-3030	79	8	can	can	AUX
fbem-3030	79	9	affect	affect	VERB
fbem-3030	79	10	the	the	DET
fbem-3030	79	11	operating	operating	NOUN
fbem-3030	79	12	revenue	revenue	NOUN
fbem-3030	79	13	,	,	PUNCT
fbem-3030	79	14	and	and	CCONJ
fbem-3030	79	15	what	what	PRON
fbem-3030	79	16	we	we	PRON
fbem-3030	79	17	have	have	AUX
fbem-3030	79	18	collected	collect	VERB
fbem-3030	79	19	just	just	ADV
fbem-3030	79	20	a	a	DET
fbem-3030	79	21	few	few	ADJ
fbem-3030	79	22	data	datum	NOUN
fbem-3030	79	23	.	.	PUNCT
fbem-3030	80	1	thus	thus	ADV
fbem-3030	80	2	,	,	PUNCT
fbem-3030	80	3	to	to	PART
fbem-3030	80	4	get	get	VERB
fbem-3030	80	5	more	more	ADV
fbem-3030	80	6	accurate	accurate	ADJ
fbem-3030	80	7	empirical	empirical	ADJ
fbem-3030	80	8	results	result	NOUN
fbem-3030	80	9	,	,	PUNCT
fbem-3030	80	10	we	we	PRON
fbem-3030	80	11	should	should	AUX
fbem-3030	80	12	take	take	VERB
fbem-3030	80	13	into	into	ADP
fbem-3030	80	14	account	account	NOUN
fbem-3030	80	15	all	all	DET
fbem-3030	80	16	the	the	DET
fbem-3030	80	17	factors	factor	NOUN
fbem-3030	80	18	that	that	PRON
fbem-3030	80	19	affect	affect	VERB
fbem-3030	80	20	the	the	DET
fbem-3030	80	21	operating	operating	NOUN
fbem-3030	80	22	revenue	revenue	NOUN
fbem-3030	80	23	.	.	PUNCT
fbem-3030	81	1	6	6	X
fbem-3030	81	2	.	.	X
fbem-3030	81	3	political	political	ADJ
fbem-3030	81	4	advice	advice	NOUN
fbem-3030	81	5	reaching	reach	VERB
fbem-3030	81	6	the	the	DET
fbem-3030	81	7	above	above	ADJ
fbem-3030	81	8	outcomes	outcome	NOUN
fbem-3030	81	9	,	,	PUNCT
fbem-3030	81	10	we	we	PRON
fbem-3030	81	11	are	be	AUX
fbem-3030	81	12	glad	glad	ADJ
fbem-3030	81	13	to	to	PART
fbem-3030	81	14	see	see	VERB
fbem-3030	81	15	that	that	SCONJ
fbem-3030	81	16	the	the	DET
fbem-3030	81	17	issuance	issuance	NOUN
fbem-3030	81	18	of	of	ADP
fbem-3030	81	19	green	green	ADJ
fbem-3030	81	20	bonds	bond	NOUN
fbem-3030	81	21	has	have	VERB
fbem-3030	81	22	an	an	DET
fbem-3030	81	23	instant	instant	ADJ
fbem-3030	81	24	impact	impact	NOUN
fbem-3030	81	25	on	on	ADP
fbem-3030	81	26	the	the	DET
fbem-3030	81	27	stock	stock	NOUN
fbem-3030	81	28	prices	price	NOUN
fbem-3030	81	29	.	.	PUNCT
fbem-3030	82	1	nevertheless	nevertheless	ADV
fbem-3030	82	2	,	,	PUNCT
fbem-3030	82	3	the	the	DET
fbem-3030	82	4	higher	high	ADJ
fbem-3030	82	5	stock	stock	NOUN
fbem-3030	82	6	prices	price	NOUN
fbem-3030	82	7	do	do	AUX
fbem-3030	82	8	not	not	PART
fbem-3030	82	9	sustain	sustain	VERB
fbem-3030	82	10	for	for	ADP
fbem-3030	82	11	a	a	DET
fbem-3030	82	12	long	long	ADJ
fbem-3030	82	13	period	period	NOUN
fbem-3030	82	14	.	.	PUNCT
fbem-3030	83	1	it	it	PRON
fbem-3030	83	2	can	can	AUX
fbem-3030	83	3	be	be	AUX
fbem-3030	83	4	said	say	VERB
fbem-3030	83	5	with	with	ADP
fbem-3030	83	6	certainty	certainty	NOUN
fbem-3030	83	7	that	that	SCONJ
fbem-3030	83	8	only	only	ADV
fbem-3030	83	9	issuing	issue	VERB
fbem-3030	83	10	green	green	ADJ
fbem-3030	83	11	bonds	bond	NOUN
fbem-3030	83	12	is	be	AUX
fbem-3030	83	13	not	not	PART
fbem-3030	83	14	influential	influential	ADJ
fbem-3030	83	15	enough	enough	ADV
fbem-3030	83	16	,	,	PUNCT
fbem-3030	83	17	other	other	ADJ
fbem-3030	83	18	environmental	environmental	ADJ
fbem-3030	83	19	performances	performance	NOUN
fbem-3030	83	20	,	,	PUNCT
fbem-3030	83	21	such	such	ADJ
fbem-3030	83	22	as	as	ADP
fbem-3030	83	23	purchasing	purchase	VERB
fbem-3030	83	24	more	more	ADJ
fbem-3030	83	25	pieces	piece	NOUN
fbem-3030	83	26	of	of	ADP
fbem-3030	83	27	environmentally	environmentally	ADV
fbem-3030	83	28	friendly	friendly	ADJ
fbem-3030	83	29	equipment	equipment	NOUN
fbem-3030	83	30	,	,	PUNCT
fbem-3030	83	31	should	should	AUX
fbem-3030	83	32	also	also	ADV
fbem-3030	83	33	be	be	AUX
fbem-3030	83	34	carried	carry	VERB
fbem-3030	83	35	out	out	ADP
fbem-3030	83	36	.	.	PUNCT
fbem-3030	84	1	besides	besides	ADV
fbem-3030	84	2	,	,	PUNCT
fbem-3030	84	3	had	have	AUX
fbem-3030	84	4	the	the	DET
fbem-3030	84	5	government	government	NOUN
fbem-3030	84	6	supported	support	VERB
fbem-3030	84	7	and	and	CCONJ
fbem-3030	84	8	encouraged	encourage	VERB
fbem-3030	84	9	green	green	ADJ
fbem-3030	84	10	projects	project	NOUN
fbem-3030	84	11	more	more	ADJ
fbem-3030	84	12	,	,	PUNCT
fbem-3030	84	13	these	these	DET
fbem-3030	84	14	public	public	ADJ
fbem-3030	84	15	companies	company	NOUN
fbem-3030	84	16	which	which	PRON
fbem-3030	84	17	issued	issue	VERB
fbem-3030	84	18	green	green	ADJ
fbem-3030	84	19	bonds	bond	NOUN
fbem-3030	84	20	could	could	AUX
fbem-3030	84	21	attract	attract	VERB
fbem-3030	84	22	more	more	ADJ
fbem-3030	84	23	investors	investor	NOUN
fbem-3030	84	24	and	and	CCONJ
fbem-3030	84	25	keep	keep	VERB
fbem-3030	84	26	higher	high	ADJ
fbem-3030	84	27	stock	stock	NOUN
fbem-3030	84	28	prices	price	NOUN
fbem-3030	84	29	.	.	PUNCT
fbem-3030	85	1	7	7	X
fbem-3030	85	2	.	.	X
fbem-3030	85	3	conclusion	conclusion	NOUN
fbem-3030	85	4	this	this	DET
fbem-3030	85	5	paper	paper	NOUN
fbem-3030	85	6	shed	shed	VERB
fbem-3030	85	7	light	light	NOUN
fbem-3030	85	8	on	on	ADP
fbem-3030	85	9	the	the	DET
fbem-3030	85	10	green	green	ADJ
fbem-3030	85	11	bonds	bond	NOUN
fbem-3030	85	12	-a	-a	PUNCT
fbem-3030	85	13	relatively	relatively	ADV
fbem-3030	85	14	new	new	ADJ
fbem-3030	85	15	fundraising	fundraising	NOUN
fbem-3030	85	16	tool	tool	NOUN
fbem-3030	85	17	and	and	CCONJ
fbem-3030	85	18	its	its	PRON
fbem-3030	85	19	shortterm	shortterm	NOUN
fbem-3030	85	20	and	and	CCONJ
fbem-3030	85	21	long	long	ADJ
fbem-3030	85	22	-	-	PUNCT
fbem-3030	85	23	term	term	NOUN
fbem-3030	85	24	effects	effect	NOUN
fbem-3030	85	25	on	on	ADP
fbem-3030	85	26	corporate	corporate	ADJ
fbem-3030	85	27	.	.	PUNCT
fbem-3030	86	1	through	through	ADP
fbem-3030	86	2	initially	initially	ADV
fbem-3030	86	3	collecting	collect	VERB
fbem-3030	86	4	relevant	relevant	ADJ
fbem-3030	86	5	information	information	NOUN
fbem-3030	86	6	,	,	PUNCT
fbem-3030	86	7	we	we	PRON
fbem-3030	86	8	conclude	conclude	VERB
fbem-3030	86	9	that	that	SCONJ
fbem-3030	86	10	(	(	PUNCT
fbem-3030	86	11	1	1	X
fbem-3030	86	12	)	)	PUNCT
fbem-3030	86	13	green	green	ADJ
fbem-3030	86	14	bonds	bond	NOUN
fbem-3030	86	15	have	have	AUX
fbem-3030	86	16	gained	gain	VERB
fbem-3030	86	17	popularity	popularity	NOUN
fbem-3030	86	18	since	since	SCONJ
fbem-3030	86	19	2016	2016	NUM
fbem-3030	86	20	,	,	PUNCT
fbem-3030	86	21	(	(	PUNCT
fbem-3030	86	22	2	2	NUM
fbem-3030	86	23	)	)	PUNCT
fbem-3030	86	24	issuance	issuance	NOUN
fbem-3030	86	25	of	of	ADP
fbem-3030	86	26	green	green	ADJ
fbem-3030	86	27	bonds	bond	NOUN
fbem-3030	86	28	attracts	attract	VERB
fbem-3030	86	29	investors	investor	NOUN
fbem-3030	86	30	who	who	PRON
fbem-3030	86	31	prefer	prefer	VERB
fbem-3030	86	32	socially	socially	ADV
fbem-3030	86	33	-	-	PUNCT
fbem-3030	86	34	responsible	responsible	ADJ
fbem-3030	86	35	and	and	CCONJ
fbem-3030	86	36	environmental	environmental	ADJ
fbem-3030	86	37	-	-	PUNCT
fbem-3030	86	38	friendly	friendly	ADJ
fbem-3030	86	39	investment	investment	NOUN
fbem-3030	86	40	.	.	PUNCT
fbem-3030	87	1	(	(	PUNCT
fbem-3030	87	2	3	3	X
fbem-3030	87	3	)	)	PUNCT
fbem-3030	87	4	issuance	issuance	NOUN
fbem-3030	87	5	of	of	ADP
fbem-3030	87	6	green	green	ADJ
fbem-3030	87	7	bonds	bond	NOUN
fbem-3030	87	8	may	may	AUX
fbem-3030	87	9	have	have	VERB
fbem-3030	87	10	a	a	DET
fbem-3030	87	11	positive	positive	ADJ
fbem-3030	87	12	effect	effect	NOUN
fbem-3030	87	13	on	on	ADP
fbem-3030	87	14	company	company	NOUN
fbem-3030	87	15	’s	’s	PART
fbem-3030	87	16	operating	operate	VERB
fbem-3030	87	17	income	income	NOUN
fbem-3030	87	18	.	.	PUNCT
fbem-3030	88	1	we	we	PRON
fbem-3030	88	2	then	then	ADV
fbem-3030	88	3	study	study	VERB
fbem-3030	88	4	short	short	ADJ
fbem-3030	88	5	-	-	PUNCT
fbem-3030	88	6	term	term	NOUN
fbem-3030	88	7	effects	effect	NOUN
fbem-3030	88	8	of	of	ADP
fbem-3030	88	9	issuing	issue	VERB
fbem-3030	88	10	green	green	ADJ
fbem-3030	88	11	bonds	bond	NOUN
fbem-3030	88	12	on	on	ADP
fbem-3030	88	13	corporate	corporate	ADJ
fbem-3030	88	14	and	and	CCONJ
fbem-3030	88	15	focus	focus	VERB
fbem-3030	88	16	on	on	ADP
fbem-3030	88	17	the	the	DET
fbem-3030	88	18	changes	change	NOUN
fbem-3030	88	19	in	in	ADP
fbem-3030	88	20	stock	stock	NOUN
fbem-3030	88	21	prices	price	NOUN
fbem-3030	88	22	.	.	PUNCT
fbem-3030	89	1	setting	set	VERB
fbem-3030	89	2	the	the	DET
fbem-3030	89	3	date	date	NOUN
fbem-3030	89	4	of	of	ADP
fbem-3030	89	5	issuance	issuance	NOUN
fbem-3030	89	6	as	as	ADP
fbem-3030	89	7	the	the	DET
fbem-3030	89	8	discontinuity	discontinuity	NOUN
fbem-3030	89	9	point	point	NOUN
fbem-3030	89	10	,	,	PUNCT
fbem-3030	89	11	we	we	PRON
fbem-3030	89	12	reach	reach	VERB
fbem-3030	89	13	the	the	DET
fbem-3030	89	14	outcome	outcome	NOUN
fbem-3030	89	15	that	that	SCONJ
fbem-3030	89	16	issuing	issue	VERB
fbem-3030	89	17	green	green	ADJ
fbem-3030	89	18	bonds	bond	NOUN
fbem-3030	89	19	have	have	AUX
fbem-3030	89	20	an	an	DET
fbem-3030	89	21	instant	instant	ADJ
fbem-3030	89	22	but	but	CCONJ
fbem-3030	89	23	temporary	temporary	ADJ
fbem-3030	89	24	positive	positive	ADJ
fbem-3030	89	25	impact	impact	NOUN
fbem-3030	89	26	on	on	ADP
fbem-3030	89	27	stock	stock	NOUN
fbem-3030	89	28	price	price	NOUN
fbem-3030	89	29	.	.	PUNCT
fbem-3030	90	1	such	such	DET
fbem-3030	90	2	a	a	DET
fbem-3030	90	3	phenomenon	phenomenon	NOUN
fbem-3030	90	4	fit	fit	VERB
fbem-3030	90	5	the	the	DET
fbem-3030	90	6	findings	finding	NOUN
fbem-3030	90	7	proposed	propose	VERB
fbem-3030	90	8	by	by	ADP
fbem-3030	90	9	caroline	caroline	PROPN
fbem-3030	90	10	flammer	flammer	PROPN
fbem-3030	90	11	in	in	ADP
fbem-3030	90	12	his	his	PRON
fbem-3030	90	13	paper	paper	NOUN
fbem-3030	90	14	corporate	corporate	ADJ
fbem-3030	90	15	green	green	ADJ
fbem-3030	90	16	bonds	bond	NOUN
fbem-3030	90	17	,	,	PUNCT
fbem-3030	90	18	but	but	CCONJ
fbem-3030	90	19	reflect	reflect	VERB
fbem-3030	90	20	some	some	DET
fbem-3030	90	21	weakness	weakness	NOUN
fbem-3030	90	22	in	in	ADP
fbem-3030	90	23	the	the	DET
fbem-3030	90	24	current	current	ADJ
fbem-3030	90	25	situation	situation	NOUN
fbem-3030	90	26	.	.	PUNCT
fbem-3030	91	1	to	to	PART
fbem-3030	91	2	sustain	sustain	VERB
fbem-3030	91	3	the	the	DET
fbem-3030	91	4	higher	high	ADJ
fbem-3030	91	5	stock	stock	NOUN
fbem-3030	91	6	prices	price	NOUN
fbem-3030	91	7	,	,	PUNCT
fbem-3030	91	8	corporate	corporate	ADJ
fbem-3030	91	9	need	need	NOUN
fbem-3030	91	10	to	to	PART
fbem-3030	91	11	employ	employ	VERB
fbem-3030	91	12	more	more	ADJ
fbem-3030	91	13	environmentalfriendly	environmentalfriendly	NOUN
fbem-3030	91	14	tools	tool	NOUN
fbem-3030	91	15	,	,	PUNCT
fbem-3030	91	16	such	such	ADJ
fbem-3030	91	17	as	as	ADP
fbem-3030	91	18	desulfurization	desulfurization	NOUN
fbem-3030	91	19	equipment	equipment	NOUN
fbem-3030	91	20	.	.	PUNCT
fbem-3030	92	1	moreover	moreover	ADV
fbem-3030	92	2	,	,	PUNCT
fbem-3030	92	3	in	in	ADP
fbem-3030	92	4	the	the	DET
fbem-3030	92	5	long	long	ADJ
fbem-3030	92	6	-	-	PUNCT
fbem-3030	92	7	term	term	NOUN
fbem-3030	92	8	effects	effect	NOUN
fbem-3030	92	9	,	,	PUNCT
fbem-3030	92	10	company	company	NOUN
fbem-3030	92	11	can	can	AUX
fbem-3030	92	12	benefit	benefit	VERB
fbem-3030	92	13	from	from	ADP
fbem-3030	92	14	issuing	issue	VERB
fbem-3030	92	15	green	green	ADJ
fbem-3030	92	16	bonds	bond	NOUN
fbem-3030	92	17	according	accord	VERB
fbem-3030	92	18	to	to	ADP
fbem-3030	92	19	the	the	DET
fbem-3030	92	20	empirical	empirical	ADJ
fbem-3030	92	21	analysis	analysis	NOUN
fbem-3030	92	22	.	.	PUNCT
fbem-3030	93	1	issuing	issue	VERB
fbem-3030	93	2	green	green	ADJ
fbem-3030	93	3	bonds	bond	NOUN
fbem-3030	93	4	not	not	PART
fbem-3030	93	5	only	only	ADV
fbem-3030	93	6	brings	bring	VERB
fbem-3030	93	7	economic	economic	ADJ
fbem-3030	93	8	benefits	benefit	NOUN
fbem-3030	93	9	,	,	PUNCT
fbem-3030	93	10	but	but	CCONJ
fbem-3030	93	11	also	also	ADV
fbem-3030	93	12	contributes	contribute	VERB
fbem-3030	93	13	to	to	ADP
fbem-3030	93	14	social	social	ADJ
fbem-3030	93	15	environmental	environmental	ADJ
fbem-3030	93	16	protection	protection	NOUN
fbem-3030	93	17	.	.	PUNCT
fbem-3030	94	1	both	both	DET
fbem-3030	94	2	company	company	NOUN
fbem-3030	94	3	and	and	CCONJ
fbem-3030	94	4	government	government	NOUN
fbem-3030	94	5	ought	ought	AUX
fbem-3030	94	6	to	to	PART
fbem-3030	94	7	show	show	VERB
fbem-3030	94	8	more	more	ADJ
fbem-3030	94	9	support	support	NOUN
fbem-3030	94	10	and	and	CCONJ
fbem-3030	94	11	encourage	encourage	VERB
fbem-3030	94	12	these	these	DET
fbem-3030	94	13	green	green	ADJ
fbem-3030	94	14	projects	project	NOUN
fbem-3030	94	15	.	.	PUNCT
fbem-3030	95	1	once	once	ADV
fbem-3030	95	2	these	these	DET
fbem-3030	95	3	green	green	ADJ
fbem-3030	95	4	proposals	proposal	NOUN
fbem-3030	95	5	are	be	AUX
fbem-3030	95	6	implemented	implement	VERB
fbem-3030	95	7	,	,	PUNCT
fbem-3030	95	8	the	the	DET
fbem-3030	95	9	effects	effect	NOUN
fbem-3030	95	10	of	of	ADP
fbem-3030	95	11	green	green	ADJ
fbem-3030	95	12	bonds	bond	NOUN
fbem-3030	95	13	will	will	AUX
fbem-3030	95	14	be	be	AUX
fbem-3030	95	15	huge	huge	ADJ
fbem-3030	95	16	.	.	PUNCT
fbem-3030	96	1	215	215	NUM
fbem-3030	96	2	acknowledgment	acknowledgment	NOUN
fbem-3030	96	3	"	"	PUNCT
fbem-3030	96	4	nanjing	nanjing	PROPN
fbem-3030	96	5	audit	audit	PROPN
fbem-3030	96	6	university	university	NOUN
fbem-3030	96	7	student	student	NOUN
fbem-3030	96	8	innovation	innovation	NOUN
fbem-3030	96	9	and	and	CCONJ
fbem-3030	96	10	entrepreneurship	entrepreneurship	NOUN
fbem-3030	96	11	training	training	NOUN
fbem-3030	96	12	program	program	NOUN
fbem-3030	96	13	grant	grant	NOUN
fbem-3030	96	14	"	"	PUNCT
fbem-3030	96	15	reference	reference	NOUN
fbem-3030	96	16	[	[	X
fbem-3030	96	17	1	1	NUM
fbem-3030	96	18	]	]	X
fbem-3030	96	19	flammer	flammer	PROPN
fbem-3030	96	20	,	,	PUNCT
fbem-3030	96	21	caroline	caroline	PROPN
fbem-3030	96	22	.	.	PUNCT
fbem-3030	97	1	“	"	PUNCT
fbem-3030	97	2	corporate	corporate	ADJ
fbem-3030	97	3	green	green	ADJ
fbem-3030	97	4	bonds	bond	NOUN
fbem-3030	97	5	.	.	PUNCT
fbem-3030	97	6	”	"	PUNCT
fbem-3030	98	1	journal	journal	NOUN
fbem-3030	98	2	of	of	ADP
fbem-3030	98	3	financial	financial	ADJ
fbem-3030	98	4	economics	economic	NOUN
fbem-3030	98	5	,	,	PUNCT
fbem-3030	98	6	vol	vol	NOUN
fbem-3030	98	7	.	.	PROPN
fbem-3030	98	8	142	142	NUM
fbem-3030	98	9	,	,	PUNCT
fbem-3030	98	10	no	no	INTJ
fbem-3030	98	11	.	.	NOUN
fbem-3030	98	12	2	2	NUM
fbem-3030	98	13	,	,	PUNCT
fbem-3030	98	14	jan	jan	PROPN
fbem-3030	98	15	.	.	PROPN
fbem-3030	98	16	2021	2021	NUM
fbem-3030	98	17	,	,	PUNCT
fbem-3030	98	18	10.1016	10.1016	NUM
fbem-3030	98	19	/	/	SYM
fbem-3030	98	20	j.jfineco.2021.01.010	j.jfineco.2021.01.010	PROPN
fbem-3030	98	21	.	.	PUNCT
fbem-3030	99	1	[	[	X
fbem-3030	99	2	2	2	NUM
fbem-3030	99	3	]	]	PUNCT
fbem-3030	99	4	pedersen	pedersen	PROPN
fbem-3030	99	5	,	,	PUNCT
fbem-3030	99	6	anders	ander	NOUN
fbem-3030	99	7	,	,	PUNCT
fbem-3030	99	8	and	and	CCONJ
fbem-3030	99	9	jonathan	jonathan	PROPN
fbem-3030	99	10	thun	thun	PROPN
fbem-3030	99	11	.	.	PUNCT
fbem-3030	100	1	stock	stock	NOUN
fbem-3030	100	2	market	market	NOUN
fbem-3030	100	3	reaction	reaction	NOUN
fbem-3030	100	4	to	to	ADP
fbem-3030	100	5	green	green	ADJ
fbem-3030	100	6	bond	bond	NOUN
fbem-3030	100	7	announcements	announcement	NOUN
fbem-3030	100	8	.	.	PUNCT
fbem-3030	101	1	dec	dec	PROPN
fbem-3030	101	2	.	.	PROPN
fbem-3030	101	3	2019	2019	NUM
fbem-3030	101	4	.	.	PUNCT
fbem-3030	102	1	[	[	X
fbem-3030	102	2	3	3	NUM
fbem-3030	102	3	]	]	PUNCT
fbem-3030	102	4	thune	thune	NOUN
fbem-3030	102	5	,	,	PUNCT
fbem-3030	102	6	kent	kent	PROPN
fbem-3030	102	7	.	.	PUNCT
fbem-3030	103	1	“	"	PUNCT
fbem-3030	103	2	green	green	ADJ
fbem-3030	103	3	bonds	bond	NOUN
fbem-3030	103	4	:	:	PUNCT
fbem-3030	103	5	what	what	PRON
fbem-3030	103	6	they	they	PRON
fbem-3030	103	7	are	be	AUX
fbem-3030	103	8	&	&	CCONJ
fbem-3030	103	9	how	how	SCONJ
fbem-3030	103	10	they	they	PRON
fbem-3030	103	11	work	work	VERB
fbem-3030	103	12	.	.	PUNCT
fbem-3030	103	13	”	"	PUNCT
fbem-3030	104	1	seekingalpha.com	seekingalpha.com	X
fbem-3030	104	2	,	,	PUNCT
fbem-3030	104	3	27	27	NUM
fbem-3030	104	4	june	june	PROPN
fbem-3030	104	5	2022	2022	NUM
fbem-3030	104	6	,	,	PUNCT
fbem-3030	104	7	seekingalpha.com	seekingalpha.com	X
fbem-3030	104	8	.	.	PUNCT
