id	sid	tid	token	lemma	pos
fbem-32831	1	1	frontiers	frontier	NOUN
fbem-32831	1	2	in	in	ADP
fbem-32831	1	3	business	business	NOUN
fbem-32831	1	4	,	,	PUNCT
fbem-32831	1	5	economics	economic	NOUN
fbem-32831	1	6	and	and	CCONJ
fbem-32831	1	7	management	management	NOUN
fbem-32831	1	8	issn	issn	PROPN
fbem-32831	1	9	:	:	PUNCT
fbem-32831	1	10	2766	2766	NUM
fbem-32831	1	11	-	-	PUNCT
fbem-32831	1	12	824x	824x	NUM
fbem-32831	1	13	|	|	ADJ
fbem-32831	1	14	vol	vol	NOUN
fbem-32831	1	15	.	.	PROPN
fbem-32831	1	16	21	21	NUM
fbem-32831	1	17	,	,	PUNCT
fbem-32831	1	18	no	no	INTJ
fbem-32831	1	19	.	.	NOUN
fbem-32831	1	20	3	3	NUM
fbem-32831	1	21	,	,	PUNCT
fbem-32831	1	22	2025	2025	NUM
fbem-32831	1	23	22	22	NUM
fbem-32831	1	24	corporate	corporate	ADJ
fbem-32831	1	25	climate	climate	NOUN
fbem-32831	1	26	perception	perception	NOUN
fbem-32831	1	27	risk	risk	NOUN
fbem-32831	1	28	,	,	PUNCT
fbem-32831	1	29	supply	supply	NOUN
fbem-32831	1	30	chain	chain	NOUN
fbem-32831	1	31	resilience	resilience	NOUN
fbem-32831	1	32	and	and	CCONJ
fbem-32831	1	33	stock	stock	NOUN
fbem-32831	1	34	price	price	NOUN
fbem-32831	1	35	collapse	collapse	NOUN
fbem-32831	1	36	risk	risk	NOUN
fbem-32831	1	37	jiaying	jiaying	PROPN
fbem-32831	1	38	du	du	PROPN
fbem-32831	1	39	school	school	PROPN
fbem-32831	1	40	of	of	ADP
fbem-32831	1	41	economics	economic	NOUN
fbem-32831	1	42	,	,	PUNCT
fbem-32831	1	43	college	college	NOUN
fbem-32831	1	44	,	,	PUNCT
fbem-32831	1	45	shanghai	shanghai	PROPN
fbem-32831	1	46	university	university	PROPN
fbem-32831	1	47	,	,	PUNCT
fbem-32831	1	48	shanghai	shanghai	PROPN
fbem-32831	1	49	200444	200444	NUM
fbem-32831	1	50	,	,	PUNCT
fbem-32831	1	51	china	china	PROPN
fbem-32831	1	52	abstract	abstract	NOUN
fbem-32831	1	53	:	:	PUNCT
fbem-32831	1	54	as	as	ADP
fbem-32831	1	55	the	the	DET
fbem-32831	1	56	trend	trend	NOUN
fbem-32831	1	57	of	of	ADP
fbem-32831	1	58	global	global	ADJ
fbem-32831	1	59	warming	warming	NOUN
fbem-32831	1	60	intensifies	intensifie	NOUN
fbem-32831	1	61	,	,	PUNCT
fbem-32831	1	62	extreme	extreme	ADJ
fbem-32831	1	63	weather	weather	NOUN
fbem-32831	1	64	events	event	NOUN
fbem-32831	1	65	have	have	AUX
fbem-32831	1	66	become	become	VERB
fbem-32831	1	67	a	a	DET
fbem-32831	1	68	significant	significant	ADJ
fbem-32831	1	69	factor	factor	NOUN
fbem-32831	1	70	affecting	affect	VERB
fbem-32831	1	71	corporate	corporate	ADJ
fbem-32831	1	72	operations	operation	NOUN
fbem-32831	1	73	and	and	CCONJ
fbem-32831	1	74	capital	capital	NOUN
fbem-32831	1	75	market	market	NOUN
fbem-32831	1	76	stability	stability	NOUN
fbem-32831	1	77	.	.	PUNCT
fbem-32831	2	1	the	the	DET
fbem-32831	2	2	climate	climate	NOUN
fbem-32831	2	3	risks	risk	NOUN
fbem-32831	2	4	faced	face	VERB
fbem-32831	2	5	by	by	ADP
fbem-32831	2	6	enterprises	enterprise	NOUN
fbem-32831	2	7	not	not	PART
fbem-32831	2	8	only	only	ADV
fbem-32831	2	9	directly	directly	ADV
fbem-32831	2	10	threaten	threaten	VERB
fbem-32831	2	11	their	their	PRON
fbem-32831	2	12	ph	ph	ADJ
fbem-32831	2	13	ysical	ysical	ADJ
fbem-32831	2	14	assets	asset	NOUN
fbem-32831	2	15	and	and	CCONJ
fbem-32831	2	16	supply	supply	NOUN
fbem-32831	2	17	chain	chain	NOUN
fbem-32831	2	18	stability	stability	NOUN
fbem-32831	2	19	but	but	CCONJ
fbem-32831	2	20	also	also	ADV
fbem-32831	2	21	indirectly	indirectly	ADV
fbem-32831	2	22	influence	influence	VERB
fbem-32831	2	23	share	share	NOUN
fbem-32831	2	24	price	price	NOUN
fbem-32831	2	25	volatility	volatility	NOUN
fbem-32831	2	26	by	by	ADP
fbem-32831	2	27	affecting	affect	VERB
fbem-32831	2	28	investor	investor	NOUN
fbem-32831	2	29	expectations	expectation	NOUN
fbem-32831	2	30	and	and	CCONJ
fbem-32831	2	31	market	market	NOUN
fbem-32831	2	32	sentiment	sentiment	NOUN
fbem-32831	2	33	.	.	PUNCT
fbem-32831	3	1	supply	supply	NOUN
fbem-32831	3	2	chain	chain	NOUN
fbem-32831	3	3	resilience	resilience	NOUN
fbem-32831	3	4	,	,	PUNCT
fbem-32831	3	5	as	as	ADP
fbem-32831	3	6	the	the	DET
fbem-32831	3	7	core	core	NOUN
fbem-32831	3	8	capability	capability	NOUN
fbem-32831	3	9	for	for	ADP
fbem-32831	3	10	enterprises	enterprise	NOUN
fbem-32831	3	11	to	to	PART
fbem-32831	3	12	withstand	withstand	VERB
fbem-32831	3	13	external	external	ADJ
fbem-32831	3	14	shocks	shock	NOUN
fbem-32831	3	15	,	,	PUNCT
fbem-32831	3	16	directly	directly	ADV
fbem-32831	3	17	determines	determine	VERB
fbem-32831	3	18	their	their	PRON
fbem-32831	3	19	risk	risk	NOUN
fbem-32831	3	20	resistance	resistance	NOUN
fbem-32831	3	21	level	level	NOUN
fbem-32831	3	22	under	under	ADP
fbem-32831	3	23	climate	climate	NOUN
fbem-32831	3	24	impacts	impact	NOUN
fbem-32831	3	25	.	.	PUNCT
fbem-32831	4	1	concurrently	concurrently	ADV
fbem-32831	4	2	,	,	PUNCT
fbem-32831	4	3	analysts	analyst	NOUN
fbem-32831	4	4	,	,	PUNCT
fbem-32831	4	5	as	as	ADP
fbem-32831	4	6	information	information	NOUN
fbem-32831	4	7	intermediaries	intermediary	NOUN
fbem-32831	4	8	within	within	ADP
fbem-32831	4	9	capital	capital	NOUN
fbem-32831	4	10	markets	market	NOUN
fbem-32831	4	11	,	,	PUNCT
fbem-32831	4	12	exert	exert	VERB
fbem-32831	4	13	influence	influence	NOUN
fbem-32831	4	14	through	through	ADP
fbem-32831	4	15	disclosure	disclosure	NOUN
fbem-32831	4	16	and	and	CCONJ
fbem-32831	4	17	oversight	oversight	NOUN
fbem-32831	4	18	effects	effect	NOUN
fbem-32831	4	19	that	that	PRON
fbem-32831	4	20	shape	shape	VERB
fbem-32831	4	21	investor	investor	NOUN
fbem-32831	4	22	perceptions	perception	NOUN
fbem-32831	4	23	and	and	CCONJ
fbem-32831	4	24	pricing	pricing	NOUN
fbem-32831	4	25	of	of	ADP
fbem-32831	4	26	corporate	corporate	ADJ
fbem-32831	4	27	climate	climate	NOUN
fbem-32831	4	28	risks	risk	NOUN
fbem-32831	4	29	.	.	PUNCT
fbem-32831	5	1	consequently	consequently	ADV
fbem-32831	5	2	,	,	PUNCT
fbem-32831	5	3	examining	examine	VERB
fbem-32831	5	4	how	how	SCONJ
fbem-32831	5	5	corporate	corporate	ADJ
fbem-32831	5	6	climate	climate	NOUN
fbem-32831	5	7	risks	risk	NOUN
fbem-32831	5	8	transmit	transmit	VERB
fbem-32831	5	9	through	through	ADP
fbem-32831	5	10	supply	supply	NOUN
fbem-32831	5	11	chain	chain	NOUN
fbem-32831	5	12	resilience	resilience	NOUN
fbem-32831	5	13	to	to	ADP
fbem-32831	5	14	stock	stock	NOUN
fbem-32831	5	15	price	price	NOUN
fbem-32831	5	16	crash	crash	NOUN
fbem-32831	5	17	risks	risk	NOUN
fbem-32831	5	18	,	,	PUNCT
fbem-32831	5	19	while	while	SCONJ
fbem-32831	5	20	analysing	analyse	VERB
fbem-32831	5	21	the	the	DET
fbem-32831	5	22	moderating	moderate	VERB
fbem-32831	5	23	role	role	NOUN
fbem-32831	5	24	of	of	ADP
fbem-32831	5	25	analyst	analyst	NOUN
fbem-32831	5	26	attention	attention	NOUN
fbem-32831	5	27	,	,	PUNCT
fbem-32831	5	28	holds	hold	VERB
fbem-32831	5	29	significant	significant	ADJ
fbem-32831	5	30	theoretical	theoretical	ADJ
fbem-32831	5	31	and	and	CCONJ
fbem-32831	5	32	practical	practical	ADJ
fbem-32831	5	33	implications	implication	NOUN
fbem-32831	5	34	for	for	ADP
fbem-32831	5	35	advancing	advance	VERB
fbem-32831	5	36	cl	cl	NOUN
fbem-32831	5	37	imate	imate	PROPN
fbem-32831	5	38	finance	finance	PROPN
fbem-32831	5	39	research	research	PROPN
fbem-32831	5	40	and	and	CCONJ
fbem-32831	5	41	refining	refining	NOUN
fbem-32831	5	42	capital	capital	NOUN
fbem-32831	5	43	market	market	NOUN
fbem-32831	5	44	risk	risk	NOUN
fbem-32831	5	45	management	management	NOUN
fbem-32831	5	46	frameworks	framework	NOUN
fbem-32831	5	47	.	.	PUNCT
fbem-32831	6	1	consequently	consequently	ADV
fbem-32831	6	2	,	,	PUNCT
fbem-32831	6	3	this	this	DET
fbem-32831	6	4	study	study	NOUN
fbem-32831	6	5	employs	employ	VERB
fbem-32831	6	6	a	a	DET
fbem-32831	6	7	panel	panel	NOUN
fbem-32831	6	8	data	datum	NOUN
fbem-32831	6	9	two	two	NUM
fbem-32831	6	10	way	way	NOUN
fbem-32831	6	11	fixed	fix	VERB
fbem-32831	6	12	effects	effect	NOUN
fbem-32831	6	13	model	model	NOUN
fbem-32831	6	14	to	to	PART
fbem-32831	6	15	empirically	empirically	ADV
fbem-32831	6	16	examine	examine	VERB
fbem-32831	6	17	the	the	DET
fbem-32831	6	18	impact	impact	NOUN
fbem-32831	6	19	of	of	ADP
fbem-32831	6	20	corporate	corporate	ADJ
fbem-32831	6	21	climate	climate	NOUN
fbem-32831	6	22	risk	risk	NOUN
fbem-32831	6	23	on	on	ADP
fbem-32831	6	24	stock	stock	NOUN
fbem-32831	6	25	price	price	NOUN
fbem-32831	6	26	crash	crash	NOUN
fbem-32831	6	27	risk	risk	NOUN
fbem-32831	6	28	,	,	PUNCT
fbem-32831	6	29	the	the	DET
fbem-32831	6	30	transmissi	transmissi	NOUN
fbem-32831	6	31	on	on	ADP
fbem-32831	6	32	mechanism	mechanism	NOUN
fbem-32831	6	33	involving	involve	VERB
fbem-32831	6	34	supply	supply	NOUN
fbem-32831	6	35	chain	chain	NOUN
fbem-32831	6	36	resilience	resilience	NOUN
fbem-32831	6	37	as	as	ADP
fbem-32831	6	38	an	an	DET
fbem-32831	6	39	intermediary	intermediary	ADJ
fbem-32831	6	40	variable	variable	NOUN
fbem-32831	6	41	,	,	PUNCT
fbem-32831	6	42	and	and	CCONJ
fbem-32831	6	43	the	the	DET
fbem-32831	6	44	role	role	NOUN
fbem-32831	6	45	of	of	ADP
fbem-32831	6	46	analyst	analyst	NOUN
fbem-32831	6	47	attention	attention	NOUN
fbem-32831	6	48	in	in	ADP
fbem-32831	6	49	this	this	DET
fbem-32831	6	50	risk	risk	NOUN
fbem-32831	6	51	transmission	transmission	NOUN
fbem-32831	6	52	process	process	NOUN
fbem-32831	6	53	.	.	PUNCT
fbem-32831	7	1	the	the	DET
fbem-32831	7	2	research	research	NOUN
fbem-32831	7	3	sample	sample	NOUN
fbem-32831	7	4	comprises	comprise	VERB
fbem-32831	7	5	all	all	DET
fbem-32831	7	6	listed	list	VERB
fbem-32831	7	7	companies	company	NOUN
fbem-32831	7	8	on	on	ADP
fbem-32831	7	9	china	china	PROPN
fbem-32831	7	10	's	's	PART
fbem-32831	7	11	a	a	DET
fbem-32831	7	12	-	-	PUNCT
fbem-32831	7	13	share	share	NOUN
fbem-32831	7	14	market	market	NOUN
fbem-32831	7	15	from	from	ADP
fbem-32831	7	16	2006	2006	NUM
fbem-32831	7	17	to	to	ADP
fbem-32831	7	18	2024	2024	NUM
fbem-32831	7	19	.	.	PUNCT
fbem-32831	8	1	the	the	DET
fbem-32831	8	2	findings	finding	NOUN
fbem-32831	8	3	reveal	reveal	VERB
fbem-32831	8	4	:	:	PUNCT
fbem-32831	8	5	(	(	PUNCT
fbem-32831	8	6	1	1	X
fbem-32831	8	7	)	)	PUNCT
fbem-32831	8	8	firms	firm	NOUN
fbem-32831	8	9	with	with	ADP
fbem-32831	8	10	greater	great	ADJ
fbem-32831	8	11	climate	climate	NOUN
fbem-32831	8	12	risk	risk	NOUN
fbem-32831	8	13	exposure	exposure	NOUN
fbem-32831	8	14	face	face	NOUN
fbem-32831	8	15	heightened	heighten	VERB
fbem-32831	8	16	stock	stock	NOUN
fbem-32831	8	17	price	price	NOUN
fbem-32831	8	18	crash	crash	NOUN
fbem-32831	8	19	risk	risk	NOUN
fbem-32831	8	20	;	;	PUNCT
fbem-32831	8	21	(	(	PUNCT
fbem-32831	8	22	2	2	X
fbem-32831	8	23	)	)	PUNCT
fbem-32831	8	24	climate	climate	NOUN
fbem-32831	8	25	risk	risk	NOUN
fbem-32831	8	26	amplifies	amplify	VERB
fbem-32831	8	27	stock	stock	NOUN
fbem-32831	8	28	price	price	NOUN
fbem-32831	8	29	crash	crash	NOUN
fbem-32831	8	30	risk	risk	NOUN
fbem-32831	8	31	by	by	ADP
fbem-32831	8	32	undermining	undermine	VERB
fbem-32831	8	33	supply	supply	NOUN
fbem-32831	8	34	chain	chain	NOUN
fbem-32831	8	35	resilience	resilience	NOUN
fbem-32831	8	36	;	;	PUNCT
fbem-32831	8	37	(	(	PUNCT
fbem-32831	8	38	3	3	X
fbem-32831	8	39	)	)	PUNCT
fbem-32831	8	40	firms	firm	NOUN
fbem-32831	8	41	receiving	receive	VERB
fbem-32831	8	42	greater	great	ADJ
fbem-32831	8	43	analyst	analyst	NOUN
fbem-32831	8	44	attention	attention	NOUN
fbem-32831	8	45	experience	experience	NOUN
fbem-32831	8	46	a	a	DET
fbem-32831	8	47	weaker	weak	ADJ
fbem-32831	8	48	amplification	amplification	NOUN
fbem-32831	8	49	effect	effect	NOUN
fbem-32831	8	50	of	of	ADP
fbem-32831	8	51	climate	climate	NOUN
fbem-32831	8	52	risk	risk	NOUN
fbem-32831	8	53	on	on	ADP
fbem-32831	8	54	stock	stock	NOUN
fbem-32831	8	55	price	price	NOUN
fbem-32831	8	56	crash	crash	NOUN
fbem-32831	8	57	risk	risk	NOUN
fbem-32831	8	58	.	.	PUNCT
fbem-32831	9	1	keywords	keyword	NOUN
fbem-32831	9	2	:	:	PUNCT
fbem-32831	9	3	climate	climate	NOUN
fbem-32831	9	4	risk	risk	NOUN
fbem-32831	9	5	;	;	PUNCT
fbem-32831	9	6	stock	stock	NOUN
fbem-32831	9	7	price	price	NOUN
fbem-32831	9	8	crash	crash	NOUN
fbem-32831	9	9	risk	risk	NOUN
fbem-32831	9	10	;	;	PUNCT
fbem-32831	9	11	supply	supply	NOUN
fbem-32831	9	12	chain	chain	NOUN
fbem-32831	9	13	resilience	resilience	NOUN
fbem-32831	9	14	;	;	PUNCT
fbem-32831	9	15	information	information	NOUN
fbem-32831	9	16	asymmetry	asymmetry	NOUN
fbem-32831	9	17	.	.	PUNCT
fbem-32831	10	1	1	1	X
fbem-32831	10	2	.	.	X
fbem-32831	10	3	introduction	introduction	NOUN
fbem-32831	10	4	since	since	SCONJ
fbem-32831	10	5	the	the	DET
fbem-32831	10	6	early	early	ADJ
fbem-32831	10	7	21st	21st	ADJ
fbem-32831	10	8	century	century	NOUN
fbem-32831	10	9	,	,	PUNCT
fbem-32831	10	10	as	as	SCONJ
fbem-32831	10	11	the	the	DET
fbem-32831	10	12	global	global	ADJ
fbem-32831	10	13	climate	climate	NOUN
fbem-32831	10	14	governance	governance	NOUN
fbem-32831	10	15	process	process	NOUN
fbem-32831	10	16	has	have	AUX
fbem-32831	10	17	deepened	deepen	VERB
fbem-32831	10	18	,	,	PUNCT
fbem-32831	10	19	the	the	DET
fbem-32831	10	20	climate	climate	NOUN
fbem-32831	10	21	change	change	NOUN
fbem-32831	10	22	crisis	crisis	NOUN
fbem-32831	10	23	has	have	AUX
fbem-32831	10	24	become	become	VERB
fbem-32831	10	25	a	a	DET
fbem-32831	10	26	major	major	ADJ
fbem-32831	10	27	challenge	challenge	NOUN
fbem-32831	10	28	facing	face	VERB
fbem-32831	10	29	all	all	PRON
fbem-32831	10	30	of	of	ADP
fbem-32831	10	31	humanity	humanity	NOUN
fbem-32831	10	32	.	.	PUNCT
fbem-32831	11	1	repeated	repeat	VERB
fbem-32831	11	2	assessment	assessment	NOUN
fbem-32831	11	3	reports	report	NOUN
fbem-32831	11	4	issued	issue	VERB
fbem-32831	11	5	by	by	ADP
fbem-32831	11	6	the	the	DET
fbem-32831	11	7	intergovernmental	intergovernmental	ADJ
fbem-32831	11	8	panel	panel	NOUN
fbem-32831	11	9	on	on	ADP
fbem-32831	11	10	climate	climate	NOUN
fbem-32831	11	11	change	change	NOUN
fbem-32831	11	12	(	(	PUNCT
fbem-32831	11	13	ipcc	ipcc	NOUN
fbem-32831	11	14	)	)	PUNCT
fbem-32831	11	15	u	u	NOUN
fbem-32831	11	16	nequivocally	nequivocally	ADV
fbem-32831	11	17	state	state	VERB
fbem-32831	11	18	that	that	SCONJ
fbem-32831	11	19	greenhouse	greenhouse	NOUN
fbem-32831	11	20	gas	gas	NOUN
fbem-32831	11	21	emissions	emission	NOUN
fbem-32831	11	22	from	from	ADP
fbem-32831	11	23	human	human	ADJ
fbem-32831	11	24	activities	activity	NOUN
fbem-32831	11	25	have	have	AUX
fbem-32831	11	26	indisputably	indisputably	ADV
fbem-32831	11	27	caused	cause	VERB
fbem-32831	11	28	global	global	ADJ
fbem-32831	11	29	warming	warming	NOUN
fbem-32831	11	30	and	and	CCONJ
fbem-32831	11	31	triggered	trigger	VERB
fbem-32831	11	32	unprecedented	unprecedented	ADJ
fbem-32831	11	33	changes	change	NOUN
fbem-32831	11	34	in	in	ADP
fbem-32831	11	35	the	the	DET
fbem-32831	11	36	climate	climate	NOUN
fbem-32831	11	37	system	system	NOUN
fbem-32831	11	38	.	.	PUNCT
fbem-32831	12	1	these	these	PRON
fbem-32831	12	2	include	include	VERB
fbem-32831	12	3	the	the	DET
fbem-32831	12	4	frequent	frequent	ADJ
fbem-32831	12	5	occurrence	occurrence	NOUN
fbem-32831	12	6	of	of	ADP
fbem-32831	12	7	extreme	extreme	ADJ
fbem-32831	12	8	weather	weather	NOUN
fbem-32831	12	9	events	event	NOUN
fbem-32831	12	10	,	,	PUNCT
fbem-32831	12	11	rising	rise	VERB
fbem-32831	12	12	sea	sea	NOUN
fbem-32831	12	13	levels	level	NOUN
fbem-32831	12	14	,	,	PUNCT
fbem-32831	12	15	and	and	CCONJ
fbem-32831	12	16	ecosystem	ecosystem	NOUN
fbem-32831	12	17	imbalances	imbalance	NOUN
fbem-32831	12	18	,	,	PUNCT
fbem-32831	12	19	which	which	PRON
fbem-32831	12	20	have	have	AUX
fbem-32831	12	21	resulted	result	VERB
fbem-32831	12	22	in	in	ADP
fbem-32831	12	23	significant	significant	ADJ
fbem-32831	12	24	global	global	ADJ
fbem-32831	12	25	casualties	casualty	NOUN
fbem-32831	12	26	and	and	CCONJ
fbem-32831	12	27	economic	economic	ADJ
fbem-32831	12	28	losses	loss	NOUN
fbem-32831	12	29	,	,	PUNCT
fbem-32831	12	30	posing	pose	VERB
fbem-32831	12	31	a	a	DET
fbem-32831	12	32	fundamental	fundamental	ADJ
fbem-32831	12	33	and	and	CCONJ
fbem-32831	12	34	systemic	systemic	ADJ
fbem-32831	12	35	threat	threat	NOUN
fbem-32831	12	36	to	to	ADP
fbem-32831	12	37	the	the	DET
fbem-32831	12	38	global	global	ADJ
fbem-32831	12	39	socio	socio	NOUN
fbem-32831	12	40	-economic	-economic	PROPN
fbem-32831	12	41	system	system	NOUN
fbem-32831	12	42	[	[	X
fbem-32831	12	43	16	16	NUM
fbem-32831	12	44	]	]	PUNCT
fbem-32831	12	45	.	.	PUNCT
fbem-32831	13	1	the	the	DET
fbem-32831	13	2	financial	financial	ADJ
fbem-32831	13	3	risks	risk	NOUN
fbem-32831	13	4	stemming	stem	VERB
fbem-32831	13	5	from	from	ADP
fbem-32831	13	6	climate	climate	NOUN
fbem-32831	13	7	change	change	NOUN
fbem-32831	13	8	are	be	AUX
fbem-32831	13	9	characterised	characterise	VERB
fbem-32831	13	10	by	by	ADP
fbem-32831	13	11	their	their	PRON
fbem-32831	13	12	long	long	ADJ
fbem-32831	13	13	-term	-term	NOUN
fbem-32831	13	14	,	,	PUNCT
fbem-32831	13	15	structural	structural	ADJ
fbem-32831	13	16	,	,	PUNCT
fbem-32831	13	17	and	and	CCONJ
fbem-32831	13	18	systemic	systemic	ADJ
fbem-32831	13	19	nature	nature	NOUN
fbem-32831	13	20	,	,	PUNCT
fbem-32831	13	21	making	make	VERB
fbem-32831	13	22	them	they	PRON
fbem-32831	13	23	a	a	DET
fbem-32831	13	24	focal	focal	ADJ
fbem-32831	13	25	point	point	NOUN
fbem-32831	13	26	for	for	ADP
fbem-32831	13	27	banking	banking	NOUN
fbem-32831	13	28	regulators	regulator	NOUN
fbem-32831	13	29	worldwide	worldwide	ADV
fbem-32831	13	30	.	.	PUNCT
fbem-32831	14	1	international	international	ADJ
fbem-32831	14	2	bodies	body	NOUN
fbem-32831	14	3	such	such	ADJ
fbem-32831	14	4	as	as	ADP
fbem-32831	14	5	the	the	DET
fbem-32831	14	6	financial	financial	ADJ
fbem-32831	14	7	stability	stability	PROPN
fbem-32831	14	8	board	board	NOUN
fbem-32831	14	9	(	(	PUNCT
fbem-32831	14	10	fsb	fsb	NOUN
fbem-32831	14	11	)	)	PUNCT
fbem-32831	14	12	and	and	CCONJ
fbem-32831	14	13	the	the	DET
fbem-32831	14	14	task	task	NOUN
fbem-32831	14	15	force	force	NOUN
fbem-32831	14	16	on	on	ADP
fbem-32831	14	17	climate	climate	NOUN
fbem-32831	14	18	-	-	PUNCT
fbem-32831	14	19	related	relate	VERB
fbem-32831	14	20	financial	financial	ADJ
fbem-32831	14	21	disclosures	disclosure	NOUN
fbem-32831	14	22	(	(	PUNCT
fbem-32831	14	23	tcfd	tcfd	NOUN
fbem-32831	14	24	)	)	PUNCT
fbem-32831	14	25	have	have	AUX
fbem-32831	14	26	vigorously	vigorously	ADV
fbem-32831	14	27	promoted	promote	VERB
fbem-32831	14	28	the	the	DET
fbem-32831	14	29	integration	integration	NOUN
fbem-32831	14	30	of	of	ADP
fbem-32831	14	31	climate	climate	NOUN
fbem-32831	14	32	-related	-relate	VERB
fbem-32831	14	33	risks	risk	NOUN
fbem-32831	14	34	into	into	ADP
fbem-32831	14	35	financial	financial	ADJ
fbem-32831	14	36	analysis	analysis	NOUN
fbem-32831	14	37	and	and	CCONJ
fbem-32831	14	38	macroprudential	macroprudential	ADJ
fbem-32831	14	39	regulatory	regulatory	ADJ
fbem-32831	14	40	frameworks	framework	NOUN
fbem-32831	14	41	.	.	PUNCT
fbem-32831	15	1	in	in	ADP
fbem-32831	15	2	june	june	PROPN
fbem-32831	15	3	2022	2022	NUM
fbem-32831	15	4	,	,	PUNCT
fbem-32831	15	5	the	the	DET
fbem-32831	15	6	basel	basel	PROPN
fbem-32831	15	7	committee	committee	PROPN
fbem-32831	15	8	on	on	ADP
fbem-32831	15	9	banking	banking	NOUN
fbem-32831	15	10	supervision	supervision	NOUN
fbem-32831	15	11	(	(	PUNCT
fbem-32831	15	12	bcbs	bcbs	PROPN
fbem-32831	15	13	)	)	PUNCT
fbem-32831	15	14	formally	formally	ADV
fbem-32831	15	15	issued	issue	VERB
fbem-32831	15	16	the	the	DET
fbem-32831	15	17	principles	principle	NOUN
fbem-32831	15	18	for	for	ADP
fbem-32831	15	19	the	the	DET
fbem-32831	15	20	effective	effective	ADJ
fbem-32831	15	21	management	management	NOUN
fbem-32831	15	22	and	and	CCONJ
fbem-32831	15	23	supervision	supervision	NOUN
fbem-32831	15	24	of	of	ADP
fbem-32831	15	25	climate	climate	NOUN
fbem-32831	15	26	-related	-relate	VERB
fbem-32831	15	27	financial	financial	ADJ
fbem-32831	15	28	risks	risk	NOUN
fbem-32831	15	29	.	.	PUNCT
fbem-32831	16	1	it	it	PRON
fbem-32831	16	2	provides	provide	VERB
fbem-32831	16	3	crucial	crucial	ADJ
fbem-32831	16	4	guidance	guidance	NOUN
fbem-32831	16	5	for	for	ADP
fbem-32831	16	6	global	global	ADJ
fbem-32831	16	7	banking	banking	NOUN
fbem-32831	16	8	institutions	institution	NOUN
fbem-32831	16	9	and	and	CCONJ
fbem-32831	16	10	regulatory	regulatory	ADJ
fbem-32831	16	11	authorities	authority	NOUN
fbem-32831	16	12	in	in	ADP
fbem-32831	16	13	identifying	identify	VERB
fbem-32831	16	14	,	,	PUNCT
fbem-32831	16	15	measuring	measure	VERB
fbem-32831	16	16	,	,	PUNCT
fbem-32831	16	17	and	and	CCONJ
fbem-32831	16	18	addressing	address	VERB
fbem-32831	16	19	climate	climate	NOUN
fbem-32831	16	20	risks	risk	NOUN
fbem-32831	16	21	.	.	PUNCT
fbem-32831	17	1	according	accord	VERB
fbem-32831	17	2	to	to	ADP
fbem-32831	17	3	estimates	estimate	NOUN
fbem-32831	17	4	by	by	ADP
fbem-32831	17	5	the	the	DET
fbem-32831	17	6	swiss	swiss	PROPN
fbem-32831	17	7	re	re	PROPN
fbem-32831	17	8	institute	institute	PROPN
fbem-32831	17	9	,	,	PUNCT
fbem-32831	17	10	a	a	DET
fbem-32831	17	11	global	global	ADJ
fbem-32831	17	12	temperature	temperature	NOUN
fbem-32831	17	13	rise	rise	NOUN
fbem-32831	17	14	of	of	ADP
fbem-32831	17	15	2.0	2.0	NUM
fbem-32831	17	16	℃	℃	PROPN
fbem-32831	17	17	by	by	ADP
fbem-32831	17	18	2050	2050	NUM
fbem-32831	17	19	could	could	AUX
fbem-32831	17	20	result	result	VERB
fbem-32831	17	21	in	in	ADP
fbem-32831	17	22	economic	economic	ADJ
fbem-32831	17	23	losses	loss	NOUN
fbem-32831	17	24	exceeding	exceed	VERB
fbem-32831	17	25	10	10	NUM
fbem-32831	17	26	%	%	NOUN
fbem-32831	17	27	of	of	ADP
fbem-32831	17	28	gdp	gdp	NOUN
fbem-32831	17	29	worldwide	worldwide	ADV
fbem-32831	17	30	[	[	X
fbem-32831	17	31	27	27	NUM
fbem-32831	17	32	]	]	PUNCT
fbem-32831	17	33	.	.	PUNCT
fbem-32831	18	1	the	the	DET
fbem-32831	18	2	potential	potential	ADJ
fbem-32831	18	3	impacts	impact	NOUN
fbem-32831	18	4	of	of	ADP
fbem-32831	18	5	climate	climate	NOUN
fbem-32831	18	6	change	change	NOUN
fbem-32831	18	7	manifest	manifest	NOUN
fbem-32831	18	8	as	as	ADP
fbem-32831	18	9	increasingly	increasingly	ADV
fbem-32831	18	10	frequent	frequent	ADJ
fbem-32831	18	11	and	and	CCONJ
fbem-32831	18	12	destructive	destructive	ADJ
fbem-32831	18	13	natural	natural	ADJ
fbem-32831	18	14	disasters	disaster	NOUN
fbem-32831	18	15	,	,	PUNCT
fbem-32831	18	16	posing	pose	VERB
fbem-32831	18	17	significant	significant	ADJ
fbem-32831	18	18	risks	risk	NOUN
fbem-32831	18	19	to	to	ADP
fbem-32831	18	20	businesses	business	NOUN
fbem-32831	18	21	and	and	CCONJ
fbem-32831	18	22	investors	investor	NOUN
fbem-32831	18	23	and	and	CCONJ
fbem-32831	18	24	inflicting	inflict	VERB
fbem-32831	18	25	severe	severe	ADJ
fbem-32831	18	26	shocks	shock	NOUN
fbem-32831	18	27	on	on	ADP
fbem-32831	18	28	the	the	DET
fbem-32831	18	29	global	global	ADJ
fbem-32831	18	30	economy	economy	NOUN
fbem-32831	18	31	.	.	PUNCT
fbem-32831	19	1	such	such	ADJ
fbem-32831	19	2	shocks	shock	NOUN
fbem-32831	19	3	not	not	PART
fbem-32831	19	4	only	only	ADV
fbem-32831	19	5	impede	impede	VERB
fbem-32831	19	6	the	the	DET
fbem-32831	19	7	ongoing	ongoing	ADJ
fbem-32831	19	8	global	global	ADJ
fbem-32831	19	9	transition	transition	NOUN
fbem-32831	19	10	towards	towards	ADP
fbem-32831	19	11	a	a	DET
fbem-32831	19	12	low	low	ADJ
fbem-32831	19	13	-	-	PUNCT
fbem-32831	19	14	carbon	carbon	NOUN
fbem-32831	19	15	future	future	NOUN
fbem-32831	19	16	but	but	CCONJ
fbem-32831	19	17	also	also	ADV
fbem-32831	19	18	exacerbate	exacerbate	VERB
fbem-32831	19	19	the	the	DET
fbem-32831	19	20	deterioration	deterioration	NOUN
fbem-32831	19	21	of	of	ADP
fbem-32831	19	22	the	the	DET
fbem-32831	19	23	global	global	ADJ
fbem-32831	19	24	climate	climate	NOUN
fbem-32831	19	25	and	and	CCONJ
fbem-32831	19	26	continuously	continuously	ADV
fbem-32831	19	27	elevate	elevate	VERB
fbem-32831	19	28	market	market	NOUN
fbem-32831	19	29	risks	risk	NOUN
fbem-32831	19	30	.	.	PUNCT
fbem-32831	20	1	for	for	ADP
fbem-32831	20	2	micro	micro	ADJ
fbem-32831	20	3	-level	-level	NOUN
fbem-32831	20	4	business	business	NOUN
fbem-32831	20	5	entities	entity	NOUN
fbem-32831	20	6	,	,	PUNCT
fbem-32831	20	7	climate	climate	NOUN
fbem-32831	20	8	risk	risk	NOUN
fbem-32831	20	9	shocks	shock	NOUN
fbem-32831	20	10	directly	directly	ADV
fbem-32831	20	11	undermine	undermine	VERB
fbem-32831	20	12	the	the	DET
fbem-32831	20	13	robustness	robustness	NOUN
fbem-32831	20	14	of	of	ADP
fbem-32831	20	15	operational	operational	ADJ
fbem-32831	20	16	stability	stability	NOUN
fbem-32831	20	17	,	,	PUNCT
fbem-32831	20	18	financial	financial	ADJ
fbem-32831	20	19	performance	performance	NOUN
fbem-32831	20	20	,	,	PUNCT
fbem-32831	20	21	and	and	CCONJ
fbem-32831	20	22	market	market	NOUN
fbem-32831	20	23	value	value	NOUN
fbem-32831	20	24	.	.	PUNCT
fbem-32831	21	1	for	for	ADP
fbem-32831	21	2	listed	list	VERB
fbem-32831	21	3	companies	company	NOUN
fbem-32831	21	4	,	,	PUNCT
fbem-32831	21	5	the	the	DET
fbem-32831	21	6	most	most	ADV
fbem-32831	21	7	tangible	tangible	ADJ
fbem-32831	21	8	manifestation	manifestation	NOUN
fbem-32831	21	9	of	of	ADP
fbem-32831	21	10	this	this	DET
fbem-32831	21	11	impact	impact	NOUN
fbem-32831	21	12	is	be	AUX
fbem-32831	21	13	frequent	frequent	ADJ
fbem-32831	21	14	and	and	CCONJ
fbem-32831	21	15	severe	severe	ADJ
fbem-32831	21	16	share	share	NOUN
fbem-32831	21	17	price	price	NOUN
fbem-32831	21	18	volatility	volatility	NOUN
fbem-32831	21	19	.	.	PUNCT
fbem-32831	22	1	a	a	DET
fbem-32831	22	2	significant	significant	ADJ
fbem-32831	22	3	form	form	NOUN
fbem-32831	22	4	of	of	ADP
fbem-32831	22	5	risk	risk	NOUN
fbem-32831	22	6	is	be	AUX
fbem-32831	22	7	the	the	DET
fbem-32831	22	8	risk	risk	NOUN
fbem-32831	22	9	of	of	ADP
fbem-32831	22	10	share	share	NOUN
fbem-32831	22	11	price	price	NOUN
fbem-32831	22	12	collapse	collapse	NOUN
fbem-32831	22	13	,	,	PUNCT
fbem-32831	22	14	which	which	PRON
fbem-32831	22	15	can	can	AUX
fbem-32831	22	16	be	be	AUX
fbem-32831	22	17	understood	understand	VERB
fbem-32831	22	18	as	as	ADP
fbem-32831	22	19	a	a	DET
fbem-32831	22	20	precipitous	precipitous	ADJ
fbem-32831	22	21	decline	decline	NOUN
fbem-32831	22	22	triggered	trigger	VERB
fbem-32831	22	23	by	by	ADP
fbem-32831	22	24	the	the	DET
fbem-32831	22	25	sudden	sudden	ADJ
fbem-32831	22	26	release	release	NOUN
fbem-32831	22	27	of	of	ADP
fbem-32831	22	28	accumulated	accumulate	VERB
fbem-32831	22	29	negative	negative	ADJ
fbem-32831	22	30	information	information	NOUN
fbem-32831	22	31	at	at	ADP
fbem-32831	22	32	a	a	DET
fbem-32831	22	33	specific	specific	ADJ
fbem-32831	22	34	juncture	juncture	NOUN
fbem-32831	22	35	.	.	PUNCT
fbem-32831	23	1	china	china	PROPN
fbem-32831	23	2	's	's	PART
fbem-32831	23	3	stock	stock	NOUN
fbem-32831	23	4	market	market	NOUN
fbem-32831	23	5	,	,	PUNCT
fbem-32831	23	6	as	as	ADP
fbem-32831	23	7	a	a	DET
fbem-32831	23	8	quintessential	quintessential	ADJ
fbem-32831	23	9	example	example	NOUN
fbem-32831	23	10	of	of	ADP
fbem-32831	23	11	an	an	DET
fbem-32831	23	12	emerging	emerge	VERB
fbem-32831	23	13	transition	transition	NOUN
fbem-32831	23	14	economy	economy	NOUN
fbem-32831	23	15	,	,	PUNCT
fbem-32831	23	16	has	have	AUX
fbem-32831	23	17	witnessed	witness	VERB
fbem-32831	23	18	multiple	multiple	ADJ
fbem-32831	23	19	instances	instance	NOUN
fbem-32831	23	20	of	of	ADP
fbem-32831	23	21	market	market	NOUN
fbem-32831	23	22	collapse	collapse	NOUN
fbem-32831	23	23	.	.	PUNCT
fbem-32831	24	1	underly	underly	ADV
fbem-32831	24	2	ing	ing	ADJ
fbem-32831	24	3	causes	cause	NOUN
fbem-32831	24	4	primarily	primarily	ADV
fbem-32831	24	5	include	include	VERB
fbem-32831	24	6	market	market	NOUN
fbem-32831	24	7	information	information	NOUN
fbem-32831	24	8	asymmetry	asymmetry	NOUN
fbem-32831	24	9	and	and	CCONJ
fbem-32831	24	10	agency	agency	NOUN
fbem-32831	24	11	problems	problem	NOUN
fbem-32831	24	12	,	,	PUNCT
fbem-32831	24	13	a	a	DET
fbem-32831	24	14	high	high	ADJ
fbem-32831	24	15	proportion	proportion	NOUN
fbem-32831	24	16	of	of	ADP
fbem-32831	24	17	retail	retail	ADJ
fbem-32831	24	18	investors	investor	NOUN
fbem-32831	24	19	prone	prone	ADJ
fbem-32831	24	20	to	to	ADP
fbem-32831	24	21	herd	herd	NOUN
fbem-32831	24	22	behaviour	behaviour	NOUN
fbem-32831	24	23	,	,	PUNCT
fbem-32831	24	24	and	and	CCONJ
fbem-32831	24	25	the	the	DET
fbem-32831	24	26	prevalence	prevalence	NOUN
fbem-32831	24	27	of	of	ADP
fbem-32831	24	28	speculative	speculative	ADJ
fbem-32831	24	29	themes	theme	NOUN
fbem-32831	24	30	.	.	PUNCT
fbem-32831	25	1	academic	academic	ADJ
fbem-32831	25	2	research	research	NOUN
fbem-32831	25	3	views	view	VERB
fbem-32831	25	4	stock	stock	NOUN
fbem-32831	25	5	price	price	NOUN
fbem-32831	25	6	collapse	collapse	NOUN
fbem-32831	25	7	risk	risk	NOUN
fbem-32831	25	8	not	not	PART
fbem-32831	25	9	only	only	ADV
fbem-32831	25	10	as	as	ADP
fbem-32831	25	11	an	an	DET
fbem-32831	25	12	extreme	extreme	ADJ
fbem-32831	25	13	manifestation	manifestation	NOUN
fbem-32831	25	14	of	of	ADP
fbem-32831	25	15	information	information	NOUN
fbem-32831	25	16	asymmetry	asymmetry	NOUN
fbem-32831	25	17	but	but	CCONJ
fbem-32831	25	18	also	also	ADV
fbem-32831	25	19	as	as	ADP
fbem-32831	25	20	a	a	DET
fbem-32831	25	21	composite	composite	ADJ
fbem-32831	25	22	reflection	reflection	NOUN
fbem-32831	25	23	of	of	ADP
fbem-32831	25	24	distorted	distorted	ADJ
fbem-32831	25	25	market	market	NOUN
fbem-32831	25	26	efficiency	efficiency	NOUN
fbem-32831	25	27	and	and	CCONJ
fbem-32831	25	28	corporate	corporate	ADJ
fbem-32831	25	29	governance	governance	NOUN
fbem-32831	25	30	failures	failure	NOUN
fbem-32831	25	31	.	.	PUNCT
fbem-32831	26	1	amid	amid	ADP
fbem-32831	26	2	heightened	heightened	ADJ
fbem-32831	26	3	volatility	volatility	NOUN
fbem-32831	26	4	in	in	ADP
fbem-32831	26	5	global	global	ADJ
fbem-32831	26	6	capital	capital	NOUN
fbem-32831	26	7	markets	market	NOUN
fbem-32831	26	8	,	,	PUNCT
fbem-32831	26	9	managing	manage	VERB
fbem-32831	26	10	stock	stock	NOUN
fbem-32831	26	11	price	price	NOUN
fbem-32831	26	12	crash	crash	NOUN
fbem-32831	26	13	risk	risk	NOUN
fbem-32831	26	14	has	have	AUX
fbem-32831	26	15	become	become	VERB
fbem-32831	26	16	a	a	DET
fbem-32831	26	17	critical	critical	ADJ
fbem-32831	26	18	focus	focus	NOUN
fbem-32831	26	19	in	in	ADP
fbem-32831	26	20	corporate	corporate	ADJ
fbem-32831	26	21	finance	finance	NOUN
fbem-32831	26	22	and	and	CCONJ
fbem-32831	26	23	investment	investment	NOUN
fbem-32831	26	24	studies	study	NOUN
fbem-32831	26	25	.	.	PUNCT
fbem-32831	27	1	linking	link	VERB
fbem-32831	27	2	climate	climate	NOUN
fbem-32831	27	3	risk	risk	NOUN
fbem-32831	27	4	with	with	ADP
fbem-32831	27	5	stock	stock	NOUN
fbem-32831	27	6	price	price	NOUN
fbem-32831	27	7	crash	crash	NOUN
fbem-32831	27	8	risk	risk	NOUN
fbem-32831	27	9	represents	represent	VERB
fbem-32831	27	10	an	an	DET
fbem-32831	27	11	emerging	emerge	VERB
fbem-32831	27	12	research	research	NOUN
fbem-32831	27	13	frontier	frontier	NOUN
fbem-32831	27	14	.	.	PUNCT
fbem-32831	28	1	early	early	ADJ
fbem-32831	28	2	studies	study	NOUN
fbem-32831	28	3	predominantly	predominantly	ADV
fbem-32831	28	4	examined	examine	VERB
fbem-32831	28	5	the	the	DET
fbem-32831	28	6	short	short	ADJ
fbem-32831	28	7	-	-	PUNCT
fbem-32831	28	8	term	term	NOUN
fbem-32831	28	9	impact	impact	NOUN
fbem-32831	28	10	of	of	ADP
fbem-32831	28	11	environmental	environmental	ADJ
fbem-32831	28	12	performance	performance	NOUN
fbem-32831	28	13	(	(	PUNCT
fbem-32831	28	14	e.g.	e.g.	ADV
fbem-32831	28	15	,	,	PUNCT
fbem-32831	28	16	pollution	pollution	NOUN
fbem-32831	28	17	emissions	emission	NOUN
fbem-32831	28	18	)	)	PUNCT
fbem-32831	28	19	or	or	CCONJ
fbem-32831	28	20	isolated	isolate	VERB
fbem-32831	28	21	environmental	environmental	ADJ
fbem-32831	28	22	incidents	incident	NOUN
fbem-32831	28	23	(	(	PUNCT
fbem-32831	28	24	e.g.	e.g.	ADV
fbem-32831	28	25	,	,	PUNCT
fbem-32831	28	26	oil	oil	NOUN
fbem-32831	28	27	spills	spill	NOUN
fbem-32831	28	28	)	)	PUNCT
fbem-32831	28	29	on	on	ADP
fbem-32831	28	30	market	market	NOUN
fbem-32831	28	31	value	value	NOUN
fbem-32831	28	32	in	in	ADP
fbem-32831	28	33	isolation	isolation	NOUN
fbem-32831	28	34	.	.	PUNCT
fbem-32831	29	1	over	over	ADP
fbem-32831	29	2	the	the	DET
fbem-32831	29	3	past	past	ADJ
fbem-32831	29	4	five	five	NUM
fbem-32831	29	5	years	year	NOUN
fbem-32831	29	6	,	,	PUNCT
fbem-32831	29	7	research	research	NOUN
fbem-32831	29	8	perspectives	perspective	NOUN
fbem-32831	29	9	have	have	AUX
fbem-32831	29	10	expanded	expand	VERB
fbem-32831	29	11	to	to	PART
fbem-32831	29	12	encompass	encompass	VERB
fbem-32831	29	13	threats	threat	NOUN
fbem-32831	29	14	to	to	ADP
fbem-32831	29	15	capital	capital	NOUN
fbem-32831	29	16	market	market	NOUN
fbem-32831	29	17	stability	stability	NOUN
fbem-32831	29	18	.	.	PUNCT
fbem-32831	30	1	current	current	ADJ
fbem-32831	30	2	research	research	NOUN
fbem-32831	30	3	has	have	AUX
fbem-32831	30	4	identified	identify	VERB
fbem-32831	30	5	several	several	ADJ
fbem-32831	30	6	key	key	ADJ
fbem-32831	30	7	transmission	transmission	NOUN
fbem-32831	30	8	channels	channel	NOUN
fbem-32831	30	9	:	:	PUNCT
fbem-32831	30	10	firstly	firstly	ADV
fbem-32831	30	11	,	,	PUNCT
fbem-32831	30	12	the	the	DET
fbem-32831	30	13	information	information	NOUN
fbem-32831	30	14	asymmetry	asymmetry	NOUN
fbem-32831	30	15	channel	channel	PROPN
fbem-32831	30	16	.	.	PUNCT
fbem-32831	31	1	climate	climate	NOUN
fbem-32831	31	2	risks	risk	NOUN
fbem-32831	31	3	involve	involve	VERB
fbem-32831	31	4	complex	complex	ADJ
fbem-32831	31	5	long	long	ADJ
fbem-32831	31	6	-term	-term	NOUN
fbem-32831	31	7	impacts	impact	NOUN
fbem-32831	31	8	and	and	CCONJ
fbem-32831	31	9	uncertainties	uncertainty	NOUN
fbem-32831	31	10	,	,	PUNCT
fbem-32831	31	11	creating	create	VERB
fbem-32831	31	12	strong	strong	ADJ
fbem-32831	31	13	incentives	incentive	NOUN
fbem-32831	31	14	for	for	ADP
fbem-32831	31	15	firms	firm	NOUN
fbem-32831	31	16	to	to	ADP
fbem-32831	31	17	23	23	NUM
fbem-32831	31	18	engage	engage	NOUN
fbem-32831	31	19	in	in	ADP
fbem-32831	31	20	“	"	PUNCT
fbem-32831	31	21	selective	selective	ADJ
fbem-32831	31	22	disclosure	disclosure	NOUN
fbem-32831	31	23	”	"	PUNCT
fbem-32831	31	24	or	or	CCONJ
fbem-32831	31	25	“	"	PUNCT
fbem-32831	31	26	green	green	ADJ
fbem-32831	31	27	washing	washing	NOUN
fbem-32831	31	28	”	"	PUNCT
fbem-32831	31	29	to	to	PART
fbem-32831	31	30	conceal	conceal	VERB
fbem-32831	31	31	their	their	PRON
fbem-32831	31	32	true	true	ADJ
fbem-32831	31	33	climate	climate	NOUN
fbem-32831	31	34	vulnerabilities	vulnerability	NOUN
fbem-32831	31	35	.	.	PUNCT
fbem-32831	32	1	such	such	ADJ
fbem-32831	32	2	information	information	NOUN
fbem-32831	32	3	manipulation	manipulation	NOUN
fbem-32831	32	4	leads	lead	VERB
fbem-32831	32	5	to	to	ADP
fbem-32831	32	6	the	the	DET
fbem-32831	32	7	internal	internal	ADJ
fbem-32831	32	8	accumulation	accumulation	NOUN
fbem-32831	32	9	of	of	ADP
fbem-32831	32	10	negative	negative	ADJ
fbem-32831	32	11	information	information	NOUN
fbem-32831	32	12	,	,	PUNCT
fbem-32831	32	13	laying	lay	VERB
fbem-32831	32	14	the	the	DET
fbem-32831	32	15	groundwork	groundwork	NOUN
fbem-32831	32	16	for	for	ADP
fbem-32831	32	17	future	future	ADJ
fbem-32831	32	18	stock	stock	NOUN
fbem-32831	32	19	price	price	NOUN
fbem-32831	32	20	collapses	collapse	NOUN
fbem-32831	32	21	.	.	PUNCT
fbem-32831	33	1	conversely	conversely	ADV
fbem-32831	33	2	,	,	PUNCT
fbem-32831	33	3	high	high	ADJ
fbem-32831	33	4	-	-	PUNCT
fbem-32831	33	5	quality	quality	NOUN
fbem-32831	33	6	environmental	environmental	ADJ
fbem-32831	33	7	disclosure	disclosure	NOUN
fbem-32831	33	8	has	have	AUX
fbem-32831	33	9	been	be	AUX
fbem-32831	33	10	shown	show	VERB
fbem-32831	33	11	to	to	PART
fbem-32831	33	12	effectively	effectively	ADV
fbem-32831	33	13	reduce	reduce	VERB
fbem-32831	33	14	crash	crash	NOUN
fbem-32831	33	15	risk	risk	NOUN
fbem-32831	33	16	.	.	PUNCT
fbem-32831	34	1	second	second	ADJ
fbem-32831	34	2	,	,	PUNCT
fbem-32831	34	3	the	the	DET
fbem-32831	34	4	material	material	NOUN
fbem-32831	34	5	risk	risk	NOUN
fbem-32831	34	6	channel	channel	NOUN
fbem-32831	34	7	:	:	PUNCT
fbem-32831	34	8	physical	physical	ADJ
fbem-32831	34	9	and	and	CCONJ
fbem-32831	34	10	transition	transition	NOUN
fbem-32831	34	11	risks	risk	NOUN
fbem-32831	34	12	tangibly	tangibly	ADV
fbem-32831	34	13	erode	erode	VERB
fbem-32831	34	14	corporate	corporate	ADJ
fbem-32831	34	15	profitability	profitability	NOUN
fbem-32831	34	16	and	and	CCONJ
fbem-32831	34	17	asset	asset	NOUN
fbem-32831	34	18	values	value	NOUN
fbem-32831	34	19	,	,	PUNCT
fbem-32831	34	20	deteriorating	deteriorate	VERB
fbem-32831	34	21	fundamentals	fundamental	NOUN
fbem-32831	34	22	.	.	PUNCT
fbem-32831	35	1	when	when	SCONJ
fbem-32831	35	2	such	such	ADJ
fbem-32831	35	3	adverse	adverse	ADJ
fbem-32831	35	4	effects	effect	NOUN
fbem-32831	35	5	exceed	exceed	VERB
fbem-32831	35	6	market	market	NOUN
fbem-32831	35	7	expectations	expectation	NOUN
fbem-32831	35	8	and	and	CCONJ
fbem-32831	35	9	are	be	AUX
fbem-32831	35	10	abruptly	abruptly	ADV
fbem-32831	35	11	disclosed	disclose	VERB
fbem-32831	35	12	,	,	PUNCT
fbem-32831	35	13	they	they	PRON
fbem-32831	35	14	may	may	AUX
fbem-32831	35	15	trigger	trigger	VERB
fbem-32831	35	16	collapses	collapse	VERB
fbem-32831	35	17	.	.	PUNCT
fbem-32831	36	1	thirdly	thirdly	ADV
fbem-32831	36	2	,	,	PUNCT
fbem-32831	36	3	the	the	DET
fbem-32831	36	4	external	external	ADJ
fbem-32831	36	5	oversight	oversight	NOUN
fbem-32831	36	6	and	and	CCONJ
fbem-32831	36	7	governance	governance	NOUN
fbem-32831	36	8	channel	channel	NOUN
fbem-32831	36	9	:	:	PUNCT
fbem-32831	36	10	auditors	auditor	NOUN
fbem-32831	36	11	may	may	AUX
fbem-32831	36	12	increase	increase	VERB
fbem-32831	36	13	disclosures	disclosure	NOUN
fbem-32831	36	14	on	on	ADP
fbem-32831	36	15	key	key	ADJ
fbem-32831	36	16	audit	audit	NOUN
fbem-32831	36	17	matters	matter	NOUN
fbem-32831	36	18	due	due	ADJ
fbem-32831	36	19	to	to	ADP
fbem-32831	36	20	a	a	DET
fbem-32831	36	21	company	company	NOUN
fbem-32831	36	22	's	's	PART
fbem-32831	36	23	high	high	ADJ
fbem-32831	36	24	climate	climate	NOUN
fbem-32831	36	25	risk	risk	NOUN
fbem-32831	36	26	.	.	PUNCT
fbem-32831	37	1	this	this	PRON
fbem-32831	37	2	can	can	AUX
fbem-32831	37	3	itself	itself	PRON
fbem-32831	37	4	be	be	AUX
fbem-32831	37	5	viewed	view	VERB
fbem-32831	37	6	as	as	ADP
fbem-32831	37	7	a	a	DET
fbem-32831	37	8	risk	risk	NOUN
fbem-32831	37	9	warning	warning	NOUN
fbem-32831	37	10	,	,	PUNCT
fbem-32831	37	11	but	but	CCONJ
fbem-32831	37	12	may	may	AUX
fbem-32831	37	13	also	also	ADV
fbem-32831	37	14	accelerate	accelerate	VERB
fbem-32831	37	15	the	the	DET
fbem-32831	37	16	market	market	NOUN
fbem-32831	37	17	's	's	PART
fbem-32831	37	18	digestion	digestion	NOUN
fbem-32831	37	19	of	of	ADP
fbem-32831	37	20	negative	negative	ADJ
fbem-32831	37	21	information	information	NOUN
fbem-32831	37	22	.	.	PUNCT
fbem-32831	38	1	this	this	DET
fbem-32831	38	2	study	study	NOUN
fbem-32831	38	3	systematically	systematically	ADV
fbem-32831	38	4	bridges	bridge	VERB
fbem-32831	38	5	three	three	NUM
fbem-32831	38	6	relatively	relatively	ADV
fbem-32831	38	7	distinct	distinct	ADJ
fbem-32831	38	8	research	research	NOUN
fbem-32831	38	9	domains	domain	NOUN
fbem-32831	38	10	:	:	PUNCT
fbem-32831	38	11	climate	climate	NOUN
fbem-32831	38	12	finance	finance	NOUN
fbem-32831	38	13	,	,	PUNCT
fbem-32831	38	14	supply	supply	NOUN
fbem-32831	38	15	chain	chain	NOUN
fbem-32831	38	16	management	management	NOUN
fbem-32831	38	17	,	,	PUNCT
fbem-32831	38	18	and	and	CCONJ
fbem-32831	38	19	corporate	corporate	ADJ
fbem-32831	38	20	finance	finance	NOUN
fbem-32831	38	21	.	.	PUNCT
fbem-32831	39	1	by	by	ADP
fbem-32831	39	2	introducing	introduce	VERB
fbem-32831	39	3	the	the	DET
fbem-32831	39	4	key	key	ADJ
fbem-32831	39	5	mediating	mediate	VERB
fbem-32831	39	6	variable	variable	NOUN
fbem-32831	39	7	of	of	ADP
fbem-32831	39	8	supply	supply	NOUN
fbem-32831	39	9	chain	chain	NOUN
fbem-32831	39	10	resilience	resilience	NOUN
fbem-32831	39	11	,	,	PUNCT
fbem-32831	39	12	it	it	PRON
fbem-32831	39	13	reveals	reveal	VERB
fbem-32831	39	14	an	an	DET
fbem-32831	39	15	indirect	indirect	ADJ
fbem-32831	39	16	pathway	pathway	NOUN
fbem-32831	39	17	through	through	ADP
fbem-32831	39	18	which	which	PRON
fbem-32831	39	19	climate	climate	NOUN
fbem-32831	39	20	risks	risk	NOUN
fbem-32831	39	21	impact	impact	VERB
fbem-32831	39	22	the	the	DET
fbem-32831	39	23	most	most	ADV
fbem-32831	39	24	critical	critical	ADJ
fbem-32831	39	25	operational	operational	ADJ
fbem-32831	39	26	networks	network	NOUN
fbem-32831	39	27	of	of	ADP
fbem-32831	39	28	enterprises	enterprise	NOUN
fbem-32831	39	29	(	(	PUNCT
fbem-32831	39	30	supply	supply	NOUN
fbem-32831	39	31	chains	chain	NOUN
fbem-32831	39	32	)	)	PUNCT
fbem-32831	39	33	thereby	thereby	ADV
fbem-32831	39	34	triggering	trigger	VERB
fbem-32831	39	35	significant	significant	ADJ
fbem-32831	39	36	volatility	volatility	NOUN
fbem-32831	39	37	in	in	ADP
fbem-32831	39	38	capital	capital	NOUN
fbem-32831	39	39	markets	market	NOUN
fbem-32831	39	40	.	.	PUNCT
fbem-32831	40	1	this	this	PRON
fbem-32831	40	2	extends	extend	VERB
fbem-32831	40	3	the	the	DET
fbem-32831	40	4	research	research	NOUN
fbem-32831	40	5	perspective	perspective	NOUN
fbem-32831	40	6	of	of	ADP
fbem-32831	40	7	climate	climate	NOUN
fbem-32831	40	8	finance	finance	NOUN
fbem-32831	40	9	from	from	ADP
fbem-32831	40	10	the	the	DET
fbem-32831	40	11	dualistic	dualistic	ADJ
fbem-32831	40	12	“	"	PUNCT
fbem-32831	40	13	firm	firm	ADJ
fbem-32831	40	14	-	-	PUNCT
fbem-32831	40	15	market	market	NOUN
fbem-32831	40	16	”	"	PUNCT
fbem-32831	40	17	relationship	relationship	NOUN
fbem-32831	40	18	to	to	ADP
fbem-32831	40	19	a	a	DET
fbem-32831	40	20	complex	complex	ADJ
fbem-32831	40	21	“	"	PUNCT
fbem-32831	40	22	environment	environment	NOUN
fbem-32831	40	23	-	-	PUNCT
fbem-32831	40	24	operations	operation	NOUN
fbem-32831	40	25	-	-	PUNCT
fbem-32831	40	26	market	market	NOUN
fbem-32831	40	27	”	"	PUNCT
fbem-32831	40	28	system	system	NOUN
fbem-32831	40	29	,	,	PUNCT
fbem-32831	40	30	providing	provide	VERB
fbem-32831	40	31	a	a	DET
fbem-32831	40	32	more	more	ADV
fbem-32831	40	33	refined	refined	ADJ
fbem-32831	40	34	theoretical	theoretical	ADJ
fbem-32831	40	35	framework	framework	NOUN
fbem-32831	40	36	for	for	ADP
fbem-32831	40	37	understanding	understand	VERB
fbem-32831	40	38	the	the	DET
fbem-32831	40	39	formation	formation	NOUN
fbem-32831	40	40	mechanisms	mechanism	NOUN
fbem-32831	40	41	and	and	CCONJ
fbem-32831	40	42	transmission	transmission	NOUN
fbem-32831	40	43	processes	process	NOUN
fbem-32831	40	44	of	of	ADP
fbem-32831	40	45	climate	climate	NOUN
fbem-32831	40	46	-	-	PUNCT
fbem-32831	40	47	related	relate	VERB
fbem-32831	40	48	financial	financial	ADJ
fbem-32831	40	49	risks	risk	NOUN
fbem-32831	40	50	.	.	PUNCT
fbem-32831	41	1	2	2	X
fbem-32831	41	2	.	.	X
fbem-32831	41	3	literature	literature	NOUN
fbem-32831	41	4	review	review	VERB
fbem-32831	41	5	2.1	2.1	NUM
fbem-32831	41	6	.	.	PUNCT
fbem-32831	42	1	research	research	NOUN
fbem-32831	42	2	on	on	ADP
fbem-32831	42	3	climate	climate	NOUN
fbem-32831	42	4	risk	risk	NOUN
fbem-32831	42	5	according	accord	VERB
fbem-32831	42	6	to	to	ADP
fbem-32831	42	7	giglio	giglio	PROPN
fbem-32831	42	8	(	(	PUNCT
fbem-32831	42	9	2021	2021	NUM
fbem-32831	42	10	)	)	PUNCT
fbem-32831	42	11	and	and	CCONJ
fbem-32831	42	12	li	li	PROPN
fbem-32831	42	13	(	(	PUNCT
fbem-32831	42	14	2024	2024	NUM
fbem-32831	42	15	)	)	PUNCT
fbem-32831	42	16	,	,	PUNCT
fbem-32831	42	17	climate	climate	NOUN
fbem-32831	42	18	risk	risk	NOUN
fbem-32831	42	19	is	be	AUX
fbem-32831	42	20	categorised	categorise	VERB
fbem-32831	42	21	into	into	ADP
fbem-32831	42	22	two	two	NUM
fbem-32831	42	23	primary	primary	ADJ
fbem-32831	42	24	types	type	NOUN
fbem-32831	42	25	:	:	PUNCT
fbem-32831	42	26	physical	physical	ADJ
fbem-32831	42	27	risk	risk	NOUN
fbem-32831	42	28	and	and	CCONJ
fbem-32831	42	29	transition	transition	NOUN
fbem-32831	42	30	risk	risk	NOUN
fbem-32831	42	31	[	[	X
fbem-32831	42	32	11	11	NUM
fbem-32831	42	33	,	,	PUNCT
fbem-32831	42	34	21	21	NUM
fbem-32831	42	35	]	]	PUNCT
fbem-32831	42	36	.	.	PUNCT
fbem-32831	43	1	physical	physical	ADJ
fbem-32831	43	2	risk	risk	NOUN
fbem-32831	43	3	encompasses	encompass	VERB
fbem-32831	43	4	the	the	DET
fbem-32831	43	5	threat	threat	NOUN
fbem-32831	43	6	of	of	ADP
fbem-32831	43	7	direct	direct	ADJ
fbem-32831	43	8	damage	damage	NOUN
fbem-32831	43	9	to	to	ADP
fbem-32831	43	10	productive	productive	ADJ
fbem-32831	43	11	assets	asset	NOUN
fbem-32831	43	12	caused	cause	VERB
fbem-32831	43	13	by	by	ADP
fbem-32831	43	14	extreme	extreme	ADJ
fbem-32831	43	15	weather	weather	NOUN
fbem-32831	43	16	events	event	NOUN
fbem-32831	43	17	and	and	CCONJ
fbem-32831	43	18	chronic	chronic	ADJ
fbem-32831	43	19	climate	climate	NOUN
fbem-32831	43	20	change	change	NOUN
fbem-32831	43	21	.	.	PUNCT
fbem-32831	44	1	transition	transition	NOUN
fbem-32831	44	2	risk	risk	NOUN
fbem-32831	44	3	involves	involve	VERB
fbem-32831	44	4	potential	potential	ADJ
fbem-32831	44	5	cash	cash	NOUN
fbem-32831	44	6	flow	flow	NOUN
fbem-32831	44	7	risks	risk	NOUN
fbem-32831	44	8	arising	arise	VERB
fbem-32831	44	9	from	from	ADP
fbem-32831	44	10	the	the	DET
fbem-32831	44	11	shift	shift	NOUN
fbem-32831	44	12	towards	towards	ADP
fbem-32831	44	13	a	a	DET
fbem-32831	44	14	low	low	ADJ
fbem-32831	44	15	-	-	PUNCT
fbem-32831	44	16	carbon	carbon	NOUN
fbem-32831	44	17	economy	economy	NOUN
fbem-32831	44	18	,	,	PUNCT
fbem-32831	44	19	primarily	primarily	ADV
fbem-32831	44	20	influenced	influence	VERB
fbem-32831	44	21	by	by	ADP
fbem-32831	44	22	policy	policy	NOUN
fbem-32831	44	23	and	and	CCONJ
fbem-32831	44	24	regulatory	regulatory	ADJ
fbem-32831	44	25	frameworks	framework	NOUN
fbem-32831	44	26	alongside	alongside	ADP
fbem-32831	44	27	societal	societal	ADJ
fbem-32831	44	28	expectations	expectation	NOUN
fbem-32831	44	29	and	and	CCONJ
fbem-32831	44	30	pressures	pressure	NOUN
fbem-32831	44	31	.	.	PUNCT
fbem-32831	45	1	regarding	regard	VERB
fbem-32831	45	2	physical	physical	ADJ
fbem-32831	45	3	climate	climate	NOUN
fbem-32831	45	4	risks	risk	NOUN
fbem-32831	45	5	,	,	PUNCT
fbem-32831	45	6	guo	guo	PROPN
fbem-32831	45	7	et	et	PROPN
fbem-32831	45	8	al	al	PROPN
fbem-32831	45	9	.	.	PROPN
fbem-32831	46	1	(	(	PUNCT
fbem-32831	46	2	2024	2024	NUM
fbem-32831	46	3	)	)	PUNCT
fbem-32831	46	4	developed	develop	VERB
fbem-32831	46	5	a	a	DET
fbem-32831	46	6	composite	composite	ADJ
fbem-32831	46	7	physical	physical	ADJ
fbem-32831	46	8	climate	climate	NOUN
fbem-32831	46	9	risk	risk	NOUN
fbem-32831	46	10	index	index	NOUN
fbem-32831	46	11	for	for	ADP
fbem-32831	46	12	each	each	DET
fbem-32831	46	13	nation	nation	NOUN
fbem-32831	46	14	based	base	VERB
fbem-32831	46	15	on	on	ADP
fbem-32831	46	16	daily	daily	ADJ
fbem-32831	46	17	meteorological	meteorological	ADJ
fbem-32831	46	18	station	station	NOUN
fbem-32831	46	19	observations	observation	NOUN
fbem-32831	46	20	,	,	PUNCT
fbem-32831	46	21	integrating	integrate	VERB
fbem-32831	46	22	four	four	NUM
fbem-32831	46	23	extreme	extreme	ADJ
fbem-32831	46	24	events	event	NOUN
fbem-32831	46	25	:	:	PUNCT
fbem-32831	46	26	extreme	extreme	ADJ
fbem-32831	46	27	low	low	ADJ
fbem-32831	46	28	temperatures	temperature	NOUN
fbem-32831	46	29	(	(	PUNCT
fbem-32831	46	30	ltd	ltd	ADJ
fbem-32831	46	31	)	)	PUNCT
fbem-32831	46	32	,	,	PUNCT
fbem-32831	46	33	extreme	extreme	ADJ
fbem-32831	46	34	high	high	ADJ
fbem-32831	46	35	temperatures	temperature	NOUN
fbem-32831	46	36	(	(	PUNCT
fbem-32831	46	37	htd	htd	PROPN
fbem-32831	46	38	)	)	PUNCT
fbem-32831	46	39	,	,	PUNCT
fbem-32831	46	40	extreme	extreme	ADJ
fbem-32831	46	41	rainfall	rainfall	NOUN
fbem-32831	46	42	(	(	PUNCT
fbem-32831	46	43	erd	erd	NOUN
fbem-32831	46	44	)	)	PUNCT
fbem-32831	46	45	,	,	PUNCT
fbem-32831	46	46	and	and	CCONJ
fbem-32831	46	47	extreme	extreme	ADJ
fbem-32831	46	48	drought	drought	NOUN
fbem-32831	46	49	(	(	PUNCT
fbem-32831	46	50	edd	edd	PROPN
fbem-32831	46	51	)	)	PUNCT
fbem-32831	47	1	[	[	X
fbem-32831	47	2	12	12	NUM
fbem-32831	47	3	]	]	PUNCT
fbem-32831	47	4	.	.	PUNCT
fbem-32831	48	1	magnan	magnan	PROPN
fbem-32831	48	2	et	et	PROPN
fbem-32831	48	3	al	al	PROPN
fbem-32831	48	4	.	.	PROPN
fbem-32831	49	1	(	(	PUNCT
fbem-32831	49	2	2021	2021	NUM
fbem-32831	49	3	)	)	PUNCT
fbem-32831	49	4	estimated	estimate	VERB
fbem-32831	49	5	the	the	DET
fbem-32831	49	6	composite	composite	ADJ
fbem-32831	49	7	risks	risk	NOUN
fbem-32831	49	8	of	of	ADP
fbem-32831	49	9	anthropogenic	anthropogenic	ADJ
fbem-32831	49	10	climate	climate	NOUN
fbem-32831	49	11	change	change	NOUN
fbem-32831	49	12	by	by	ADP
fbem-32831	49	13	the	the	DET
fbem-32831	49	14	end	end	NOUN
fbem-32831	49	15	of	of	ADP
fbem-32831	49	16	the	the	DET
fbem-32831	49	17	21st	21st	ADJ
fbem-32831	49	18	century	century	NOUN
fbem-32831	49	19	based	base	VERB
fbem-32831	49	20	on	on	ADP
fbem-32831	49	21	expert	expert	ADJ
fbem-32831	49	22	judgements	judgement	NOUN
fbem-32831	49	23	from	from	ADP
fbem-32831	49	24	the	the	DET
fbem-32831	49	25	intergovernmental	intergovernmental	ADJ
fbem-32831	49	26	panel	panel	NOUN
fbem-32831	49	27	on	on	ADP
fbem-32831	49	28	climate	climate	NOUN
fbem-32831	49	29	change	change	NOUN
fbem-32831	49	30	(	(	PUNCT
fbem-32831	49	31	ipcc	ipcc	NOUN
fbem-32831	49	32	)	)	PUNCT
fbem-32831	49	33	.	.	PUNCT
fbem-32831	50	1	they	they	PRON
fbem-32831	50	2	developed	develop	VERB
fbem-32831	50	3	a	a	DET
fbem-32831	50	4	scoring	scoring	NOUN
fbem-32831	50	5	system	system	NOUN
fbem-32831	50	6	to	to	PART
fbem-32831	50	7	translate	translate	VERB
fbem-32831	50	8	the	the	DET
fbem-32831	50	9	ipcc	ipcc	NOUN
fbem-32831	50	10	's	's	PART
fbem-32831	50	11	qualitative	qualitative	ADJ
fbem-32831	50	12	risk	risk	NOUN
fbem-32831	50	13	assessments	assessment	NOUN
fbem-32831	50	14	into	into	ADP
fbem-32831	50	15	quantitative	quantitative	ADJ
fbem-32831	50	16	risk	risk	NOUN
fbem-32831	50	17	scores	score	NOUN
fbem-32831	50	18	[	[	X
fbem-32831	50	19	23	23	NUM
fbem-32831	50	20	]	]	PUNCT
fbem-32831	50	21	.	.	PUNCT
fbem-32831	51	1	regarding	regard	VERB
fbem-32831	51	2	climate	climate	NOUN
fbem-32831	51	3	transition	transition	NOUN
fbem-32831	51	4	risk	risk	NOUN
fbem-32831	51	5	,	,	PUNCT
fbem-32831	51	6	huynh	huynh	PROPN
fbem-32831	51	7	et	et	PROPN
fbem-32831	51	8	al	al	PROPN
fbem-32831	51	9	.	.	PROPN
fbem-32831	52	1	(	(	PUNCT
fbem-32831	52	2	2021	2021	NUM
fbem-32831	52	3	)	)	PUNCT
fbem-32831	52	4	captured	capture	VERB
fbem-32831	52	5	the	the	DET
fbem-32831	52	6	covariance	covariance	NOUN
fbem-32831	52	7	between	between	ADP
fbem-32831	52	8	bonds	bond	NOUN
fbem-32831	52	9	and	and	CCONJ
fbem-32831	52	10	climate	climate	NOUN
fbem-32831	52	11	change	change	NOUN
fbem-32831	52	12	news	news	NOUN
fbem-32831	52	13	index	index	NOUN
fbem-32831	52	14	innovations	innovation	NOUN
fbem-32831	52	15	as	as	ADP
fbem-32831	52	16	a	a	DET
fbem-32831	52	17	measure	measure	NOUN
fbem-32831	52	18	of	of	ADP
fbem-32831	52	19	climate	climate	NOUN
fbem-32831	52	20	transition	transition	NOUN
fbem-32831	52	21	risk	risk	NOUN
fbem-32831	52	22	[	[	X
fbem-32831	52	23	14	14	NUM
fbem-32831	52	24	]	]	PUNCT
fbem-32831	52	25	.	.	PUNCT
fbem-32831	53	1	xu	xu	PROPN
fbem-32831	53	2	et	et	PROPN
fbem-32831	54	1	al	al	PROPN
fbem-32831	54	2	.	.	PROPN
fbem-32831	55	1	(	(	PUNCT
fbem-32831	55	2	2024	2024	NUM
fbem-32831	55	3	)	)	PUNCT
fbem-32831	55	4	employed	employ	VERB
fbem-32831	55	5	the	the	DET
fbem-32831	55	6	term	term	NOUN
fbem-32831	55	7	frequency	frequency	NOUN
fbem-32831	55	8	-	-	PUNCT
fbem-32831	55	9	inverse	inverse	NOUN
fbem-32831	55	10	document	document	NOUN
fbem-32831	55	11	frequency	frequency	NOUN
fbem-32831	55	12	(	(	PUNCT
fbem-32831	55	13	tf	tf	PROPN
fbem-32831	55	14	-	-	PUNCT
fbem-32831	55	15	idf	idf	NOUN
fbem-32831	55	16	)	)	PUNCT
fbem-32831	55	17	method	method	NOUN
fbem-32831	55	18	to	to	PART
fbem-32831	55	19	construct	construct	VERB
fbem-32831	55	20	daily	daily	ADJ
fbem-32831	55	21	climate	climate	NOUN
fbem-32831	55	22	transition	transition	NOUN
fbem-32831	55	23	risk	risk	NOUN
fbem-32831	55	24	for	for	ADP
fbem-32831	55	25	china	china	PROPN
fbem-32831	55	26	from	from	ADP
fbem-32831	55	27	2000	2000	NUM
fbem-32831	55	28	to	to	ADP
fbem-32831	55	29	2022	2022	NUM
fbem-32831	55	30	[	[	X
fbem-32831	55	31	29	29	NUM
fbem-32831	55	32	]	]	PUNCT
fbem-32831	55	33	.	.	PUNCT
fbem-32831	56	1	furthermore	furthermore	ADV
fbem-32831	56	2	,	,	PUNCT
fbem-32831	56	3	li	li	PROPN
fbem-32831	56	4	et	et	PROPN
fbem-32831	56	5	al	al	PROPN
fbem-32831	56	6	.	.	PROPN
fbem-32831	56	7	(	(	PUNCT
fbem-32831	56	8	2024	2024	NUM
fbem-32831	56	9	)	)	PUNCT
fbem-32831	56	10	conducted	conduct	VERB
fbem-32831	56	11	text	text	NOUN
fbem-32831	56	12	analysis	analysis	NOUN
fbem-32831	56	13	on	on	ADP
fbem-32831	56	14	earnin	earnin	PROPN
fbem-32831	56	15	gs	gs	PROPN
fbem-32831	56	16	conference	conference	NOUN
fbem-32831	56	17	call	call	NOUN
fbem-32831	56	18	transcripts	transcript	NOUN
fbem-32831	56	19	,	,	PUNCT
fbem-32831	56	20	constructing	construct	VERB
fbem-32831	56	21	separate	separate	ADJ
fbem-32831	56	22	dictionaries	dictionary	NOUN
fbem-32831	56	23	measuring	measure	VERB
fbem-32831	56	24	‘	'	PUNCT
fbem-32831	56	25	physical	physical	ADJ
fbem-32831	56	26	risk	risk	NOUN
fbem-32831	56	27	’	'	PUNCT
fbem-32831	56	28	and	and	CCONJ
fbem-32831	56	29	‘	'	PUNCT
fbem-32831	56	30	transition	transition	NOUN
fbem-32831	56	31	risk	risk	NOUN
fbem-32831	56	32	’	'	PUNCT
fbem-32831	56	33	to	to	PART
fbem-32831	56	34	comprehensively	comprehensively	ADV
fbem-32831	56	35	quantify	quantify	VERB
fbem-32831	56	36	corporate	corporate	ADJ
fbem-32831	56	37	-	-	PUNCT
fbem-32831	56	38	level	level	NOUN
fbem-32831	56	39	climate	climate	NOUN
fbem-32831	56	40	risk	risk	NOUN
fbem-32831	56	41	exposure	exposure	NOUN
fbem-32831	56	42	[	[	X
fbem-32831	56	43	21	21	NUM
fbem-32831	56	44	]	]	PUNCT
fbem-32831	56	45	.	.	PUNCT
fbem-32831	57	1	as	as	SCONJ
fbem-32831	57	2	global	global	ADJ
fbem-32831	57	3	climate	climate	NOUN
fbem-32831	57	4	governance	governance	NOUN
fbem-32831	57	5	deepens	deepen	VERB
fbem-32831	57	6	,	,	PUNCT
fbem-32831	57	7	central	central	ADJ
fbem-32831	57	8	banks	bank	NOUN
fbem-32831	57	9	and	and	CCONJ
fbem-32831	57	10	financial	financial	ADJ
fbem-32831	57	11	regulators	regulator	NOUN
fbem-32831	57	12	increasingly	increasingly	ADV
fbem-32831	57	13	recognise	recognise	VERB
fbem-32831	57	14	that	that	SCONJ
fbem-32831	57	15	climate	climate	NOUN
fbem-32831	57	16	change	change	NOUN
fbem-32831	57	17	profoundly	profoundly	ADV
fbem-32831	57	18	threatens	threaten	VERB
fbem-32831	57	19	financial	financial	ADJ
fbem-32831	57	20	stability	stability	NOUN
fbem-32831	57	21	.	.	PUNCT
fbem-32831	58	1	firstly	firstly	ADV
fbem-32831	58	2	,	,	PUNCT
fbem-32831	58	3	extreme	extreme	ADJ
fbem-32831	58	4	weather	weather	NOUN
fbem-32831	58	5	events	event	NOUN
fbem-32831	58	6	directly	directly	ADV
fbem-32831	58	7	impact	impact	VERB
fbem-32831	58	8	real	real	ADJ
fbem-32831	58	9	businesses	business	NOUN
fbem-32831	58	10	,	,	PUNCT
fbem-32831	58	11	leading	lead	VERB
fbem-32831	58	12	to	to	ADP
fbem-32831	58	13	reduced	reduce	VERB
fbem-32831	58	14	production	production	NOUN
fbem-32831	58	15	capacity	capacity	NOUN
fbem-32831	58	16	,	,	PUNCT
fbem-32831	58	17	supply	supply	NOUN
fbem-32831	58	18	chain	chain	NOUN
fbem-32831	58	19	disruptions	disruption	NOUN
fbem-32831	58	20	and	and	CCONJ
fbem-32831	58	21	asset	asset	NOUN
fbem-32831	58	22	depreciation	depreciation	NOUN
fbem-32831	58	23	.	.	PUNCT
fbem-32831	59	1	zhang	zhang	PROPN
fbem-32831	59	2	et	et	PROPN
fbem-32831	59	3	al	al	PROPN
fbem-32831	59	4	.	.	PROPN
fbem-32831	60	1	(	(	PUNCT
fbem-32831	60	2	2018	2018	NUM
fbem-32831	60	3	)	)	PUNCT
fbem-32831	60	4	found	find	VERB
fbem-32831	60	5	an	an	DET
fbem-32831	60	6	inverted	inverted	ADJ
fbem-32831	60	7	u	u	ADJ
fbem-32831	60	8	-	-	ADJ
fbem-32831	60	9	shaped	shape	VERB
fbem-32831	60	10	relationship	relationship	NOUN
fbem-32831	60	11	between	between	ADP
fbem-32831	60	12	temperature	temperature	NOUN
fbem-32831	60	13	and	and	CCONJ
fbem-32831	60	14	firm	firm	ADJ
fbem-32831	60	15	-	-	PUNCT
fbem-32831	60	16	level	level	NOUN
fbem-32831	60	17	total	total	ADJ
fbem-32831	60	18	factor	factor	NOUN
fbem-32831	60	19	productivity	productivity	NOUN
fbem-32831	60	20	[	[	X
fbem-32831	60	21	32	32	NUM
fbem-32831	60	22	]	]	PUNCT
fbem-32831	60	23	.	.	PUNCT
fbem-32831	61	1	pankratz	pankratz	NOUN
fbem-32831	61	2	et	et	PROPN
fbem-32831	61	3	al	al	PROPN
fbem-32831	61	4	.	.	PROPN
fbem-32831	62	1	(	(	PUNCT
fbem-32831	62	2	2024	2024	NUM
fbem-32831	62	3	)	)	PUNCT
fbem-32831	62	4	found	find	VERB
fbem-32831	62	5	that	that	SCONJ
fbem-32831	62	6	extreme	extreme	ADJ
fbem-32831	62	7	heat	heat	NOUN
fbem-32831	62	8	increases	increase	VERB
fbem-32831	62	9	economic	economic	ADJ
fbem-32831	62	10	risks	risk	NOUN
fbem-32831	62	11	for	for	ADP
fbem-32831	62	12	firms	firm	NOUN
fbem-32831	62	13	,	,	PUNCT
fbem-32831	62	14	leading	lead	VERB
fbem-32831	62	15	to	to	ADP
fbem-32831	62	16	reduced	reduce	VERB
fbem-32831	62	17	corporate	corporate	ADJ
fbem-32831	62	18	income	income	NOUN
fbem-32831	62	19	and	and	CCONJ
fbem-32831	62	20	operating	operating	NOUN
fbem-32831	62	21	revenues	revenue	NOUN
fbem-32831	63	1	[	[	X
fbem-32831	63	2	26	26	NUM
fbem-32831	63	3	]	]	PUNCT
fbem-32831	63	4	.	.	PUNCT
fbem-32831	64	1	secondly	secondly	ADV
fbem-32831	64	2	,	,	PUNCT
fbem-32831	64	3	francesca	francesca	PROPN
fbem-32831	64	4	et	et	PROPN
fbem-32831	64	5	al	al	PROPN
fbem-32831	64	6	.	.	PROPN
fbem-32831	64	7	(	(	PUNCT
fbem-32831	64	8	2021	2021	NUM
fbem-32831	64	9	)	)	PUNCT
fbem-32831	64	10	discovered	discover	VERB
fbem-32831	64	11	that	that	SCONJ
fbem-32831	64	12	delays	delay	NOUN
fbem-32831	64	13	in	in	ADP
fbem-32831	64	14	climate	climate	NOUN
fbem-32831	64	15	policy	policy	NOUN
fbem-32831	64	16	implementation	implementation	NOUN
fbem-32831	64	17	and	and	CCONJ
fbem-32831	64	18	heightened	heighten	VERB
fbem-32831	64	19	inflation	inflation	NOUN
fbem-32831	64	20	volatility	volatility	NOUN
fbem-32831	64	21	may	may	AUX
fbem-32831	64	22	pose	pose	VERB
fbem-32831	64	23	significant	significant	ADJ
fbem-32831	64	24	challenges	challenge	NOUN
fbem-32831	64	25	to	to	ADP
fbem-32831	64	26	central	central	ADJ
fbem-32831	64	27	banks	bank	NOUN
fbem-32831	64	28	'	'	PART
fbem-32831	64	29	price	price	NOUN
fbem-32831	64	30	stability	stability	NOUN
fbem-32831	64	31	mandates	mandate	NOUN
fbem-32831	64	32	[	[	X
fbem-32831	64	33	9	9	NUM
fbem-32831	64	34	]	]	PUNCT
fbem-32831	64	35	.	.	PUNCT
fbem-32831	65	1	finally	finally	ADV
fbem-32831	65	2	,	,	PUNCT
fbem-32831	65	3	as	as	SCONJ
fbem-32831	65	4	climate	climate	NOUN
fbem-32831	65	5	risk	risk	NOUN
fbem-32831	65	6	factors	factor	NOUN
fbem-32831	65	7	become	become	AUX
fbem-32831	65	8	incorporated	incorporate	VERB
fbem-32831	65	9	into	into	ADP
fbem-32831	65	10	asset	asset	NOUN
fbem-32831	65	11	pricing	pricing	NOUN
fbem-32831	65	12	,	,	PUNCT
fbem-32831	65	13	climate	climate	NOUN
fbem-32831	65	14	risks	risk	NOUN
fbem-32831	65	15	may	may	AUX
fbem-32831	65	16	induce	induce	VERB
fbem-32831	65	17	abnormal	abnormal	ADJ
fbem-32831	65	18	disturbances	disturbance	NOUN
fbem-32831	65	19	in	in	ADP
fbem-32831	65	20	relevant	relevant	ADJ
fbem-32831	65	21	asset	asset	NOUN
fbem-32831	65	22	prices	price	NOUN
fbem-32831	65	23	.	.	PUNCT
fbem-32831	66	1	cuculiza	cuculiza	PROPN
fbem-32831	66	2	et	et	PROPN
fbem-32831	66	3	al	al	PROPN
fbem-32831	66	4	.	.	PROPN
fbem-32831	67	1	(	(	PUNCT
fbem-32831	67	2	2025	2025	NUM
fbem-32831	67	3	)	)	PUNCT
fbem-32831	67	4	observed	observe	VERB
fbem-32831	67	5	that	that	SCONJ
fbem-32831	67	6	stocks	stock	NOUN
fbem-32831	67	7	exhibiting	exhibit	VERB
fbem-32831	67	8	higher	high	ADJ
fbem-32831	67	9	climate	climate	NOUN
fbem-32831	67	10	sensitivity	sensitivity	NOUN
fbem-32831	67	11	predict	predict	VERB
fbem-32831	67	12	lower	low	ADJ
fbem-32831	67	13	equity	equity	NOUN
fbem-32831	67	14	returns	return	NOUN
fbem-32831	67	15	[	[	X
fbem-32831	67	16	8	8	NUM
fbem-32831	67	17	]	]	PUNCT
fbem-32831	67	18	.	.	PUNCT
fbem-32831	68	1	ye	ye	INTJ
fbem-32831	68	2	et	et	PROPN
fbem-32831	68	3	al	al	PROPN
fbem-32831	68	4	.	.	PROPN
fbem-32831	69	1	(	(	PUNCT
fbem-32831	69	2	2024	2024	NUM
fbem-32831	69	3	)	)	PUNCT
fbem-32831	69	4	identified	identify	VERB
fbem-32831	69	5	a	a	DET
fbem-32831	69	6	positive	positive	ADJ
fbem-32831	69	7	correlation	correlation	NOUN
fbem-32831	69	8	between	between	ADP
fbem-32831	69	9	extreme	extreme	ADJ
fbem-32831	69	10	climate	climate	NOUN
fbem-32831	69	11	risk	risk	NOUN
fbem-32831	69	12	and	and	CCONJ
fbem-32831	69	13	bond	bond	NOUN
fbem-32831	69	14	yields	yield	NOUN
fbem-32831	69	15	[	[	X
fbem-32831	69	16	30	30	NUM
fbem-32831	69	17	]	]	PUNCT
fbem-32831	69	18	.	.	PUNCT
fbem-32831	70	1	li	li	PROPN
fbem-32831	70	2	et	et	PROPN
fbem-32831	70	3	al	al	PROPN
fbem-32831	70	4	.	.	PROPN
fbem-32831	71	1	(	(	PUNCT
fbem-32831	71	2	2024	2024	NUM
fbem-32831	71	3	)	)	PUNCT
fbem-32831	71	4	documented	document	VERB
fbem-32831	71	5	that	that	SCONJ
fbem-32831	71	6	enterprises	enterprise	NOUN
fbem-32831	71	7	with	with	ADP
fbem-32831	71	8	elevated	elevated	ADJ
fbem-32831	71	9	climate	climate	NOUN
fbem-32831	71	10	risk	risk	NOUN
fbem-32831	71	11	exposure	exposure	NOUN
fbem-32831	71	12	face	face	VERB
fbem-32831	71	13	substantially	substantially	ADV
fbem-32831	71	14	greater	great	ADJ
fbem-32831	71	15	financing	financing	NOUN
fbem-32831	71	16	d	d	NOUN
fbem-32831	71	17	ifficulties	ifficultie	NOUN
fbem-32831	71	18	,	,	PUNCT
fbem-32831	71	19	increased	increase	VERB
fbem-32831	71	20	capital	capital	NOUN
fbem-32831	71	21	costs	cost	NOUN
fbem-32831	71	22	,	,	PUNCT
fbem-32831	71	23	and	and	CCONJ
fbem-32831	71	24	more	more	ADV
fbem-32831	71	25	frequent	frequent	ADJ
fbem-32831	71	26	and	and	CCONJ
fbem-32831	71	27	pronounced	pronounce	VERB
fbem-32831	71	28	stock	stock	NOUN
fbem-32831	71	29	price	price	NOUN
fbem-32831	71	30	volatility	volatility	NOUN
fbem-32831	71	31	[	[	X
fbem-32831	71	32	21	21	NUM
fbem-32831	71	33	]	]	PUNCT
fbem-32831	71	34	.	.	PUNCT
fbem-32831	72	1	2.2	2.2	NUM
fbem-32831	72	2	.	.	PUNCT
fbem-32831	72	3	research	research	NOUN
fbem-32831	72	4	on	on	ADP
fbem-32831	72	5	supply	supply	NOUN
fbem-32831	72	6	chain	chain	NOUN
fbem-32831	72	7	resilience	resilience	NOUN
fbem-32831	72	8	christopher	christopher	NOUN
fbem-32831	72	9	and	and	CCONJ
fbem-32831	72	10	peck	peck	VERB
fbem-32831	72	11	(	(	PUNCT
fbem-32831	72	12	2004	2004	NUM
fbem-32831	72	13	)	)	PUNCT
fbem-32831	72	14	first	first	ADV
fbem-32831	72	15	introduced	introduce	VERB
fbem-32831	72	16	the	the	DET
fbem-32831	72	17	concept	concept	NOUN
fbem-32831	72	18	of	of	ADP
fbem-32831	72	19	supply	supply	NOUN
fbem-32831	72	20	chain	chain	NOUN
fbem-32831	72	21	resilience	resilience	NOUN
fbem-32831	72	22	,	,	PUNCT
fbem-32831	72	23	referring	refer	VERB
fbem-32831	72	24	to	to	ADP
fbem-32831	72	25	its	its	PRON
fbem-32831	72	26	significance	significance	NOUN
fbem-32831	72	27	for	for	ADP
fbem-32831	72	28	business	business	NOUN
fbem-32831	72	29	continuity	continuity	NOUN
fbem-32831	72	30	and	and	CCONJ
fbem-32831	72	31	positive	positive	ADJ
fbem-32831	72	32	impact	impact	NOUN
fbem-32831	72	33	on	on	ADP
fbem-32831	72	34	corporate	corporate	ADJ
fbem-32831	72	35	performance	performance	NOUN
fbem-32831	72	36	within	within	ADP
fbem-32831	72	37	the	the	DET
fbem-32831	72	38	context	context	NOUN
fbem-32831	72	39	of	of	ADP
fbem-32831	72	40	complex	complex	ADJ
fbem-32831	72	41	global	global	ADJ
fbem-32831	72	42	procurement	procurement	NOUN
fbem-32831	72	43	networks	network	NOUN
fbem-32831	72	44	[	[	X
fbem-32831	72	45	6	6	NUM
fbem-32831	72	46	]	]	PUNCT
fbem-32831	72	47	.	.	PUNCT
fbem-32831	73	1	currently	currently	ADV
fbem-32831	73	2	,	,	PUNCT
fbem-32831	73	3	as	as	SCONJ
fbem-32831	73	4	no	no	DET
fbem-32831	73	5	universally	universally	ADV
fbem-32831	73	6	agreed	agree	VERB
fbem-32831	73	7	definition	definition	NOUN
fbem-32831	73	8	of	of	ADP
fbem-32831	73	9	supply	supply	NOUN
fbem-32831	73	10	chain	chain	NOUN
fbem-32831	73	11	resilience	resilience	NOUN
fbem-32831	73	12	exists	exist	VERB
fbem-32831	73	13	,	,	PUNCT
fbem-32831	73	14	resilience	resilience	NOUN
fbem-32831	73	15	measurement	measurement	NOUN
fbem-32831	73	16	approaches	approach	NOUN
fbem-32831	73	17	vary	vary	VERB
fbem-32831	73	18	across	across	ADP
fbem-32831	73	19	the	the	DET
fbem-32831	73	20	literature	literature	NOUN
fbem-32831	73	21	.	.	PUNCT
fbem-32831	74	1	jia	jia	PROPN
fbem-32831	74	2	and	and	CCONJ
fbem-32831	74	3	li	li	PROPN
fbem-32831	74	4	(	(	PUNCT
fbem-32831	74	5	2024	2024	NUM
fbem-32831	74	6	)	)	PUNCT
fbem-32831	74	7	assessed	assess	VERB
fbem-32831	74	8	the	the	DET
fbem-32831	74	9	stability	stability	NOUN
fbem-32831	74	10	of	of	ADP
fbem-32831	74	11	corporate	corporate	ADJ
fbem-32831	74	12	relationships	relationship	NOUN
fbem-32831	74	13	with	with	ADP
fbem-32831	74	14	clients	client	NOUN
fbem-32831	74	15	and	and	CCONJ
fbem-32831	74	16	suppliers	supplier	NOUN
fbem-32831	74	17	by	by	ADP
fbem-32831	74	18	calculating	calculate	VERB
fbem-32831	74	19	the	the	DET
fbem-32831	74	20	proport	proport	NOUN
fbem-32831	74	21	ion	ion	NOUN
fbem-32831	74	22	of	of	ADP
fbem-32831	74	23	procurement	procurement	NOUN
fbem-32831	74	24	/	/	SYM
fbem-32831	74	25	sales	sale	NOUN
fbem-32831	74	26	value	value	NOUN
fbem-32831	74	27	with	with	ADP
fbem-32831	74	28	the	the	DET
fbem-32831	74	29	top	top	ADJ
fbem-32831	74	30	five	five	NUM
fbem-32831	74	31	suppliers	supplier	NOUN
fbem-32831	74	32	/	/	SYM
fbem-32831	74	33	clients	client	NOUN
fbem-32831	74	34	relative	relative	ADJ
fbem-32831	74	35	to	to	ADP
fbem-32831	74	36	total	total	ADJ
fbem-32831	74	37	procurement	procurement	NOUN
fbem-32831	74	38	/	/	SYM
fbem-32831	74	39	sales	sale	NOUN
fbem-32831	74	40	value	value	NOUN
fbem-32831	74	41	across	across	ADP
fbem-32831	74	42	different	different	ADJ
fbem-32831	74	43	years	year	NOUN
fbem-32831	74	44	.	.	PUNCT
fbem-32831	75	1	they	they	PRON
fbem-32831	75	2	then	then	ADV
fbem-32831	75	3	computed	compute	VERB
fbem-32831	75	4	the	the	DET
fbem-32831	75	5	average	average	ADJ
fbem-32831	75	6	values	value	NOUN
fbem-32831	75	7	for	for	ADP
fbem-32831	75	8	upstream	upstream	ADJ
fbem-32831	75	9	and	and	CCONJ
fbem-32831	75	10	downstream	downstream	ADJ
fbem-32831	75	11	resilience	resilience	NOUN
fbem-32831	75	12	,	,	PUNCT
fbem-32831	75	13	reflecting	reflect	VERB
fbem-32831	75	14	the	the	DET
fbem-32831	75	15	overall	overall	ADJ
fbem-32831	75	16	adaptability	adaptability	NOUN
fbem-32831	75	17	and	and	CCONJ
fbem-32831	75	18	recovery	recovery	NOUN
fbem-32831	75	19	capacity	capacity	NOUN
fbem-32831	75	20	of	of	ADP
fbem-32831	75	21	the	the	DET
fbem-32831	75	22	company	company	NOUN
fbem-32831	75	23	's	's	PART
fbem-32831	75	24	supply	supply	NOUN
fbem-32831	75	25	chain	chain	NOUN
fbem-32831	75	26	in	in	ADP
fbem-32831	75	27	response	response	NOUN
fbem-32831	75	28	to	to	ADP
fbem-32831	75	29	external	external	ADJ
fbem-32831	75	30	fluctuations	fluctuation	NOUN
fbem-32831	75	31	[	[	X
fbem-32831	75	32	17	17	NUM
fbem-32831	75	33	]	]	PUNCT
fbem-32831	75	34	.	.	PUNCT
fbem-32831	76	1	albuquerque	albuquerque	PROPN
fbem-32831	76	2	et	et	PROPN
fbem-32831	76	3	al	al	PROPN
fbem-32831	76	4	.	.	PROPN
fbem-32831	76	5	(	(	PUNCT
fbem-32831	76	6	2020	2020	NUM
fbem-32831	76	7	)	)	PUNCT
fbem-32831	76	8	employed	employ	VERB
fbem-32831	76	9	stock	stock	NOUN
fbem-32831	76	10	return	return	NOUN
fbem-32831	76	11	volatility	volatility	NOUN
fbem-32831	76	12	as	as	ADP
fbem-32831	76	13	a	a	DET
fbem-32831	76	14	resilience	resilience	NOUN
fbem-32831	76	15	metric	metric	ADJ
fbem-32831	76	16	.	.	PUNCT
fbem-32831	77	1	greater	great	ADJ
fbem-32831	77	2	stock	stock	NOUN
fbem-32831	77	3	return	return	NOUN
fbem-32831	77	4	volatility	volatility	NOUN
fbem-32831	77	5	indicates	indicate	VERB
fbem-32831	77	6	lower	low	ADJ
fbem-32831	77	7	resilience	resilience	NOUN
fbem-32831	77	8	[	[	X
fbem-32831	77	9	1	1	NUM
fbem-32831	77	10	]	]	PUNCT
fbem-32831	77	11	.	.	PUNCT
fbem-32831	78	1	guo	guo	PROPN
fbem-32831	78	2	and	and	CCONJ
fbem-32831	78	3	li	li	PROPN
fbem-32831	78	4	(	(	PUNCT
fbem-32831	78	5	2025	2025	NUM
fbem-32831	78	6	)	)	PUNCT
fbem-32831	78	7	employ	employ	VERB
fbem-32831	78	8	the	the	DET
fbem-32831	78	9	natural	natural	ADJ
fbem-32831	78	10	logarithm	logarithm	NOUN
fbem-32831	78	11	of	of	ADP
fbem-32831	78	12	the	the	DET
fbem-32831	78	13	accounts	account	NOUN
fbem-32831	78	14	receivable	receivable	NOUN
fbem-32831	78	15	-	-	PUNCT
fbem-32831	78	16	to	to	ADP
fbem-32831	78	17	-	-	PUNCT
fbem-32831	78	18	revenue	revenue	NOUN
fbem-32831	78	19	ratio	ratio	NOUN
fbem-32831	78	20	to	to	PART
fbem-32831	78	21	gauge	gauge	VERB
fbem-32831	78	22	capital	capital	NOUN
fbem-32831	78	23	tied	tie	VERB
fbem-32831	78	24	up	up	ADP
fbem-32831	78	25	.	.	PUNCT
fbem-32831	79	1	a	a	DET
fbem-32831	79	2	smaller	small	ADJ
fbem-32831	79	3	ratio	ratio	NOUN
fbem-32831	79	4	signifies	signify	VERB
fbem-32831	79	5	less	less	ADJ
fbem-32831	79	6	supplier	supplier	NOUN
fbem-32831	79	7	capital	capital	NOUN
fbem-32831	79	8	occupied	occupy	VERB
fbem-32831	79	9	by	by	ADP
fbem-32831	79	10	customers	customer	NOUN
fbem-32831	79	11	,	,	PUNCT
fbem-32831	79	12	indicating	indicate	VERB
fbem-32831	79	13	more	more	ADV
fbem-32831	79	14	stable	stable	ADJ
fbem-32831	79	15	supply	supply	NOUN
fbem-32831	79	16	chain	chain	NOUN
fbem-32831	79	17	relationships	relationship	NOUN
fbem-32831	79	18	and	and	CCONJ
fbem-32831	79	19	thus	thus	ADV
fbem-32831	79	20	greater	great	ADJ
fbem-32831	79	21	resilience	resilience	NOUN
fbem-32831	79	22	[	[	X
fbem-32831	79	23	13	13	NUM
fbem-32831	79	24	]	]	PUNCT
fbem-32831	79	25	.	.	PUNCT
fbem-32831	80	1	the	the	DET
fbem-32831	80	2	existing	exist	VERB
fbem-32831	80	3	literature	literature	NOUN
fbem-32831	80	4	extensively	extensively	ADV
fbem-32831	80	5	examines	examine	VERB
fbem-32831	80	6	the	the	DET
fbem-32831	80	7	disruptive	disruptive	ADJ
fbem-32831	80	8	effects	effect	NOUN
fbem-32831	80	9	of	of	ADP
fbem-32831	80	10	external	external	ADJ
fbem-32831	80	11	shocks	shock	NOUN
fbem-32831	80	12	on	on	ADP
fbem-32831	80	13	supply	supply	NOUN
fbem-32831	80	14	chains	chain	NOUN
fbem-32831	80	15	,	,	PUNCT
fbem-32831	80	16	encompassing	encompass	VERB
fbem-32831	80	17	diverse	diverse	ADJ
fbem-32831	80	18	impacts	impact	NOUN
fbem-32831	80	19	such	such	ADJ
fbem-32831	80	20	as	as	ADP
fbem-32831	80	21	natural	natural	ADJ
fbem-32831	80	22	disasters	disaster	NOUN
fbem-32831	80	23	,	,	PUNCT
fbem-32831	80	24	public	public	ADJ
fbem-32831	80	25	health	health	NOUN
fbem-32831	80	26	crises	crisis	NOUN
fbem-32831	80	27	,	,	PUNCT
fbem-32831	80	28	and	and	CCONJ
fbem-32831	80	29	trade	trade	NOUN
fbem-32831	80	30	frictions	friction	NOUN
fbem-32831	80	31	.	.	PUNCT
fbem-32831	81	1	it	it	PRON
fbem-32831	81	2	posits	posit	VERB
fbem-32831	81	3	that	that	SCONJ
fbem-32831	81	4	external	external	ADJ
fbem-32831	81	5	shocks	shock	NOUN
fbem-32831	81	6	not	not	PART
fbem-32831	81	7	only	only	ADV
fbem-32831	81	8	cause	cause	VERB
fbem-32831	81	9	supply	supply	NOUN
fbem-32831	81	10	chain	chain	NOUN
fbem-32831	81	11	disruptions	disruption	NOUN
fbem-32831	81	12	but	but	CCONJ
fbem-32831	81	13	may	may	AUX
fbem-32831	81	14	also	also	ADV
fbem-32831	81	15	generate	generate	VERB
fbem-32831	81	16	cascading	cascade	VERB
fbem-32831	81	17	effects	effect	NOUN
fbem-32831	81	18	through	through	ADP
fbem-32831	81	19	supply	supply	NOUN
fbem-32831	81	20	chain	chain	NOUN
fbem-32831	81	21	networks	network	NOUN
fbem-32831	81	22	.	.	PUNCT
fbem-32831	82	1	colicchia	colicchia	VERB
fbem-32831	82	2	and	and	CCONJ
fbem-32831	82	3	strozzi	strozzi	ADJ
fbem-32831	82	4	(	(	PUNCT
fbem-32831	82	5	2012	2012	NUM
fbem-32831	82	6	)	)	PUNCT
fbem-32831	82	7	contend	contend	VERB
fbem-32831	82	8	that	that	SCONJ
fbem-32831	82	9	the	the	DET
fbem-32831	82	10	advancement	advancement	NOUN
fbem-32831	82	11	of	of	ADP
fbem-32831	82	12	globalisation	globalisation	NOUN
fbem-32831	82	13	implies	imply	VERB
fbem-32831	82	14	that	that	SCONJ
fbem-32831	82	15	corporate	corporate	ADJ
fbem-32831	82	16	supply	supply	NOUN
fbem-32831	82	17	chains	chain	NOUN
fbem-32831	82	18	may	may	AUX
fbem-32831	82	19	span	span	VERB
fbem-32831	82	20	multiple	multiple	ADJ
fbem-32831	82	21	nations	nation	NOUN
fbem-32831	82	22	,	,	PUNCT
fbem-32831	82	23	becoming	become	VERB
fbem-32831	82	24	longer	long	ADJ
fbem-32831	82	25	and	and	CCONJ
fbem-32831	82	26	more	more	ADJ
fbem-32831	82	27	co	co	NOUN
fbem-32831	82	28	mplex	mplex	NOUN
fbem-32831	82	29	,	,	PUNCT
fbem-32831	82	30	thereby	thereby	ADV
fbem-32831	82	31	diminishing	diminish	VERB
fbem-32831	82	32	resilience	resilience	NOUN
fbem-32831	82	33	and	and	CCONJ
fbem-32831	82	34	heightening	heighten	VERB
fbem-32831	82	35	vulnerability	vulnerability	NOUN
fbem-32831	82	36	to	to	ADP
fbem-32831	82	37	disruption	disruption	NOUN
fbem-32831	82	38	when	when	SCONJ
fbem-32831	82	39	confronting	confront	VERB
fbem-32831	82	40	risks	risk	NOUN
fbem-32831	82	41	[	[	X
fbem-32831	82	42	7	7	NUM
fbem-32831	82	43	]	]	PUNCT
fbem-32831	82	44	.	.	PUNCT
fbem-32831	83	1	inoue	inoue	PROPN
fbem-32831	83	2	and	and	CCONJ
fbem-32831	83	3	todo	todo	NOUN
fbem-32831	83	4	(	(	PUNCT
fbem-32831	83	5	2019	2019	NUM
fbem-32831	83	6	)	)	PUNCT
fbem-32831	83	7	examined	examine	VERB
fbem-32831	83	8	two	two	NUM
fbem-32831	83	9	major	major	ADJ
fbem-32831	83	10	earthquakes	earthquake	NOUN
fbem-32831	83	11	in	in	ADP
fbem-32831	83	12	japan	japan	PROPN
fbem-32831	83	13	,	,	PUNCT
fbem-32831	83	14	finding	find	VERB
fbem-32831	83	15	that	that	SCONJ
fbem-32831	83	16	enterprises	enterprise	NOUN
fbem-32831	83	17	linked	link	VERB
fbem-32831	83	18	to	to	ADP
fbem-32831	83	19	suppliers	supplier	NOUN
fbem-32831	83	20	across	across	ADP
fbem-32831	83	21	multiple	multiple	ADJ
fbem-32831	83	22	industries	industry	NOUN
fbem-32831	83	23	were	be	AUX
fbem-32831	83	24	more	more	ADV
fbem-32831	83	25	susceptible	susceptible	ADJ
fbem-32831	83	26	to	to	ADP
fbem-32831	83	27	production	production	NOUN
fbem-32831	83	28	losses	loss	NOUN
fbem-32831	83	29	and	and	CCONJ
fbem-32831	83	30	economic	economic	ADJ
fbem-32831	83	31	impacts	impact	NOUN
fbem-32831	83	32	,	,	PUNCT
fbem-32831	83	33	with	with	ADP
fbem-32831	83	34	these	these	DET
fbem-32831	83	35	effects	effect	NOUN
fbem-32831	83	36	propagating	propagate	VERB
fbem-32831	83	37	to	to	ADP
fbem-32831	83	38	regions	region	NOUN
fbem-32831	83	39	not	not	PART
fbem-32831	83	40	directly	directly	ADV
fbem-32831	83	41	affected	affect	VERB
fbem-32831	83	42	by	by	ADP
fbem-32831	83	43	the	the	DET
fbem-32831	83	44	disasters	disaster	NOUN
fbem-32831	83	45	[	[	X
fbem-32831	83	46	15	15	NUM
fbem-32831	83	47	]	]	PUNCT
fbem-32831	83	48	.	.	PUNCT
fbem-32831	84	1	carvalho	carvalho	PROPN
fbem-32831	84	2	et	et	PROPN
fbem-32831	84	3	al	al	PROPN
fbem-32831	84	4	.	.	PROPN
fbem-32831	85	1	(	(	PUNCT
fbem-32831	85	2	2021	2021	NUM
fbem-32831	85	3	)	)	PUNCT
fbem-32831	85	4	discovered	discover	VERB
fbem-32831	85	5	that	that	SCONJ
fbem-32831	85	6	supply	supply	NOUN
fbem-32831	85	7	chain	chain	NOUN
fbem-32831	85	8	disruptions	disruption	NOUN
fbem-32831	85	9	caused	cause	VERB
fbem-32831	85	10	by	by	ADP
fbem-32831	85	11	natural	natural	ADJ
fbem-32831	85	12	disasters	disaster	NOUN
fbem-32831	85	13	propagate	propagate	VERB
fbem-32831	85	14	both	both	CCONJ
fbem-32831	85	15	upstream	upstream	ADJ
fbem-32831	85	16	and	and	CCONJ
fbem-32831	85	17	downstream	downstream	ADJ
fbem-32831	85	18	along	along	ADP
fbem-32831	85	19	the	the	DET
fbem-32831	85	20	chain	chain	NOUN
fbem-32831	85	21	,	,	PUNCT
fbem-32831	85	22	24	24	NUM
fbem-32831	85	23	affecting	affect	VERB
fbem-32831	85	24	suppliers	supplier	NOUN
fbem-32831	85	25	and	and	CCONJ
fbem-32831	85	26	customers	customer	NOUN
fbem-32831	85	27	at	at	ADP
fbem-32831	85	28	all	all	DET
fbem-32831	85	29	levels	level	NOUN
fbem-32831	85	30	of	of	ADP
fbem-32831	85	31	the	the	DET
fbem-32831	85	32	affected	affected	ADJ
fbem-32831	85	33	enterprise	enterprise	NOUN
fbem-32831	85	34	,	,	PUNCT
fbem-32831	85	35	thereby	thereby	ADV
fbem-32831	85	36	causing	cause	VERB
fbem-32831	85	37	widespread	widespread	ADJ
fbem-32831	85	38	supply	supply	NOUN
fbem-32831	85	39	shortages	shortage	NOUN
fbem-32831	85	40	and	and	CCONJ
fbem-32831	85	41	economic	economic	ADJ
fbem-32831	85	42	losses	loss	NOUN
fbem-32831	85	43	[	[	X
fbem-32831	85	44	4	4	NUM
fbem-32831	85	45	]	]	PUNCT
fbem-32831	85	46	.	.	PUNCT
fbem-32831	86	1	scholars	scholar	NOUN
fbem-32831	86	2	are	be	AUX
fbem-32831	86	3	now	now	ADV
fbem-32831	86	4	examining	examine	VERB
fbem-32831	86	5	climate	climate	NOUN
fbem-32831	86	6	change	change	NOUN
fbem-32831	86	7	's	's	PART
fbem-32831	86	8	impact	impact	NOUN
fbem-32831	86	9	on	on	ADP
fbem-32831	86	10	supply	supply	NOUN
fbem-32831	86	11	chains	chain	NOUN
fbem-32831	86	12	.	.	PUNCT
fbem-32831	87	1	ali	ali	PROPN
fbem-32831	87	2	et	et	PROPN
fbem-32831	87	3	al	al	PROPN
fbem-32831	87	4	.	.	PROPN
fbem-32831	88	1	(	(	PUNCT
fbem-32831	88	2	2023	2023	NUM
fbem-32831	88	3	)	)	PUNCT
fbem-32831	88	4	found	find	VERB
fbem-32831	88	5	that	that	SCONJ
fbem-32831	88	6	climate	climate	NOUN
fbem-32831	88	7	extremes	extreme	NOUN
fbem-32831	88	8	positively	positively	ADV
fbem-32831	88	9	influence	influence	VERB
fbem-32831	88	10	agri	agri	NOUN
fbem-32831	88	11	-	-	PUNCT
fbem-32831	88	12	food	food	NOUN
fbem-32831	88	13	supply	supply	NOUN
fbem-32831	88	14	chain	chain	NOUN
fbem-32831	88	15	resilience	resilience	NOUN
fbem-32831	88	16	through	through	ADP
fbem-32831	88	17	the	the	DET
fbem-32831	88	18	mediating	mediate	VERB
fbem-32831	88	19	role	role	NOUN
fbem-32831	88	20	of	of	ADP
fbem-32831	88	21	internal	internal	ADJ
fbem-32831	88	22	and	and	CCONJ
fbem-32831	88	23	external	external	ADJ
fbem-32831	88	24	social	social	ADJ
fbem-32831	88	25	capital	capital	NOUN
fbem-32831	89	1	[	[	X
fbem-32831	89	2	2	2	NUM
fbem-32831	89	3	]	]	PUNCT
fbem-32831	89	4	.	.	PUNCT
fbem-32831	90	1	pankratz	pankratz	NOUN
fbem-32831	90	2	et	et	PROPN
fbem-32831	90	3	al	al	PROPN
fbem-32831	90	4	.	.	PROPN
fbem-32831	91	1	(	(	PUNCT
fbem-32831	91	2	2024	2024	NUM
fbem-32831	91	3	)	)	PUNCT
fbem-32831	91	4	observed	observe	VERB
fbem-32831	91	5	that	that	SCONJ
fbem-32831	91	6	high	high	ADJ
fbem-32831	91	7	temperatures	temperature	NOUN
fbem-32831	91	8	in	in	ADP
fbem-32831	91	9	supplier	supplier	NOUN
fbem-32831	91	10	locations	location	NOUN
fbem-32831	91	11	reduce	reduce	VERB
fbem-32831	91	12	both	both	DET
fbem-32831	91	13	suppliers	supplier	NOUN
fbem-32831	91	14	'	'	PUNCT
fbem-32831	91	15	and	and	CCONJ
fbem-32831	91	16	their	their	PRON
fbem-32831	91	17	customers	customer	NOUN
fbem-32831	91	18	'	'	PART
fbem-32831	91	19	operating	operating	NOUN
fbem-32831	91	20	revenues	revenue	NOUN
fbem-32831	91	21	.	.	PUNCT
fbem-32831	92	1	furthermore	furthermore	ADV
fbem-32831	92	2	,	,	PUNCT
fbem-32831	92	3	when	when	SCONJ
fbem-32831	92	4	adverse	adverse	ADJ
fbem-32831	92	5	weather	weather	NOUN
fbem-32831	92	6	events	event	NOUN
fbem-32831	92	7	in	in	ADP
fbem-32831	92	8	supplier	supplier	NOUN
fbem-32831	92	9	locations	location	NOUN
fbem-32831	92	10	become	become	VERB
fbem-32831	92	11	more	more	ADV
fbem-32831	92	12	frequent	frequent	ADJ
fbem-32831	92	13	,	,	PUNCT
fbem-32831	92	14	companies	company	NOUN
fbem-32831	92	15	terminate	terminate	VERB
fbem-32831	92	16	relationships	relationship	NOUN
fbem-32831	92	17	with	with	ADP
fbem-32831	92	18	those	those	DET
fbem-32831	92	19	suppliers	supplier	NOUN
fbem-32831	92	20	[	[	X
fbem-32831	92	21	26	26	NUM
fbem-32831	92	22	]	]	PUNCT
fbem-32831	92	23	.	.	PUNCT
fbem-32831	93	1	guo	guo	PROPN
fbem-32831	93	2	and	and	CCONJ
fbem-32831	93	3	li	li	PROPN
fbem-32831	93	4	(	(	PUNCT
fbem-32831	93	5	2025	2025	NUM
fbem-32831	93	6	)	)	PUNCT
fbem-32831	93	7	found	find	VERB
fbem-32831	93	8	that	that	SCONJ
fbem-32831	93	9	physical	physical	ADJ
fbem-32831	93	10	climate	climate	NOUN
fbem-32831	93	11	risks	risk	NOUN
fbem-32831	93	12	significantly	significantly	ADV
fbem-32831	93	13	undermine	undermine	VERB
fbem-32831	93	14	corporate	corporate	ADJ
fbem-32831	93	15	supply	supply	NOUN
fbem-32831	93	16	c	c	PROPN
fbem-32831	93	17	hain	hain	PROPN
fbem-32831	93	18	resilience	resilience	PROPN
fbem-32831	94	1	[	[	X
fbem-32831	94	2	13	13	NUM
fbem-32831	94	3	]	]	PUNCT
fbem-32831	94	4	.	.	PUNCT
fbem-32831	95	1	2.3	2.3	NUM
fbem-32831	95	2	.	.	PUNCT
fbem-32831	96	1	research	research	NOUN
fbem-32831	96	2	on	on	ADP
fbem-32831	96	3	stock	stock	NOUN
fbem-32831	96	4	price	price	NOUN
fbem-32831	96	5	crash	crash	NOUN
fbem-32831	96	6	risk	risk	NOUN
fbem-32831	96	7	within	within	ADP
fbem-32831	96	8	the	the	DET
fbem-32831	96	9	field	field	NOUN
fbem-32831	96	10	of	of	ADP
fbem-32831	96	11	finance	finance	NOUN
fbem-32831	96	12	,	,	PUNCT
fbem-32831	96	13	stock	stock	NOUN
fbem-32831	96	14	price	price	NOUN
fbem-32831	96	15	crash	crash	NOUN
fbem-32831	96	16	risk	risk	NOUN
fbem-32831	96	17	denotes	denote	VERB
fbem-32831	96	18	the	the	DET
fbem-32831	96	19	probability	probability	NOUN
fbem-32831	96	20	of	of	ADP
fbem-32831	96	21	a	a	DET
fbem-32831	96	22	company	company	NOUN
fbem-32831	96	23	's	's	PART
fbem-32831	96	24	share	share	NOUN
fbem-32831	96	25	price	price	NOUN
fbem-32831	96	26	experiencing	experience	VERB
fbem-32831	96	27	extreme	extreme	ADJ
fbem-32831	96	28	negative	negative	ADJ
fbem-32831	96	29	returns	return	NOUN
fbem-32831	96	30	.	.	PUNCT
fbem-32831	97	1	this	this	DET
fbem-32831	97	2	phenomenon	phenomenon	NOUN
fbem-32831	97	3	is	be	AUX
fbem-32831	97	4	characterised	characterise	VERB
fbem-32831	97	5	by	by	ADP
fbem-32831	97	6	market	market	NOUN
fbem-32831	97	7	panic	panic	NOUN
fbem-32831	97	8	selling	selling	NOUN
fbem-32831	97	9	and	and	CCONJ
fbem-32831	97	10	value	value	NOUN
fbem-32831	97	11	destruction	destruction	NOUN
fbem-32831	97	12	triggered	trigger	VERB
fbem-32831	97	13	by	by	ADP
fbem-32831	97	14	the	the	DET
fbem-32831	97	15	concentrated	concentrate	VERB
fbem-32831	97	16	release	release	NOUN
fbem-32831	97	17	of	of	ADP
fbem-32831	97	18	adverse	adverse	ADJ
fbem-32831	97	19	news	news	NOUN
fbem-32831	97	20	.	.	PUNCT
fbem-32831	98	1	academic	academic	ADJ
fbem-32831	98	2	circles	circle	NOUN
fbem-32831	98	3	have	have	AUX
fbem-32831	98	4	established	establish	VERB
fbem-32831	98	5	a	a	DET
fbem-32831	98	6	relatively	relatively	ADV
fbem-32831	98	7	mature	mature	ADJ
fbem-32831	98	8	theoretical	theoretical	ADJ
fbem-32831	98	9	framework	framework	NOUN
fbem-32831	98	10	for	for	ADP
fbem-32831	98	11	the	the	DET
fbem-32831	98	12	formation	formation	NOUN
fbem-32831	98	13	mechanisms	mechanism	NOUN
fbem-32831	98	14	of	of	ADP
fbem-32831	98	15	stock	stock	NOUN
fbem-32831	98	16	price	price	NOUN
fbem-32831	98	17	crash	crash	NOUN
fbem-32831	98	18	risk	risk	NOUN
fbem-32831	98	19	,	,	PUNCT
fbem-32831	98	20	centred	centre	VERB
fbem-32831	98	21	on	on	ADP
fbem-32831	98	22	information	information	NOUN
fbem-32831	98	23	asymmetry	asymmetry	NOUN
fbem-32831	98	24	and	and	CCONJ
fbem-32831	98	25	agency	agency	NOUN
fbem-32831	98	26	conflicts	conflict	NOUN
fbem-32831	98	27	.	.	PUNCT
fbem-32831	99	1	the	the	DET
fbem-32831	99	2	‘	'	PUNCT
fbem-32831	99	3	information	information	NOUN
fbem-32831	99	4	concealment	concealment	NOUN
fbem-32831	99	5	hypothesis	hypothesis	NOUN
fbem-32831	99	6	’	'	PUNCT
fbem-32831	99	7	proposed	propose	VERB
fbem-32831	99	8	by	by	ADP
fbem-32831	99	9	jin	jin	NOUN
fbem-32831	99	10	and	and	CCONJ
fbem-32831	99	11	myers	myers	PROPN
fbem-32831	99	12	(	(	PUNCT
fbem-32831	99	13	2004	2004	NUM
fbem-32831	99	14	)	)	PUNCT
fbem-32831	99	15	constitutes	constitute	VERB
fbem-32831	99	16	a	a	DET
fbem-32831	99	17	foundational	foundational	ADJ
fbem-32831	99	18	theory	theory	NOUN
fbem-32831	99	19	in	in	ADP
fbem-32831	99	20	this	this	DET
fbem-32831	99	21	field	field	NOUN
fbem-32831	99	22	.	.	PUNCT
fbem-32831	100	1	due	due	ADP
fbem-32831	100	2	to	to	ADP
fbem-32831	100	3	information	information	NOUN
fbem-32831	100	4	asymmetry	asymmetry	NOUN
fbem-32831	100	5	,	,	PUNCT
fbem-32831	100	6	company	company	NOUN
fbem-32831	100	7	management	management	NOUN
fbem-32831	100	8	possesses	possess	VERB
fbem-32831	100	9	both	both	CCONJ
fbem-32831	100	10	the	the	DET
fbem-32831	100	11	motivation	motivation	NOUN
fbem-32831	100	12	and	and	CCONJ
fbem-32831	100	13	capability	capability	NOUN
fbem-32831	100	14	to	to	PART
fbem-32831	100	15	conceal	conceal	VERB
fbem-32831	100	16	adverse	adverse	ADJ
fbem-32831	100	17	corporate	corporate	ADJ
fbem-32831	100	18	news	news	NOUN
fbem-32831	100	19	in	in	ADP
fbem-32831	100	20	order	order	NOUN
fbem-32831	100	21	to	to	PART
fbem-32831	100	22	preserve	preserve	VERB
fbem-32831	100	23	their	their	PRON
fbem-32831	100	24	positional	positional	ADJ
fbem-32831	100	25	privileges	privilege	NOUN
fbem-32831	100	26	,	,	PUNCT
fbem-32831	100	27	remuneration	remuneration	NOUN
fbem-32831	100	28	packages	package	NOUN
fbem-32831	100	29	,	,	PUNCT
fbem-32831	100	30	or	or	CCONJ
fbem-32831	100	31	personal	personal	ADJ
fbem-32831	100	32	reputations	reputation	NOUN
fbem-32831	100	33	.	.	PUNCT
fbem-32831	101	1	when	when	SCONJ
fbem-32831	101	2	concealed	conceal	VERB
fbem-32831	101	3	negative	negative	ADJ
fbem-32831	101	4	information	information	NOUN
fbem-32831	101	5	accumulates	accumulate	VERB
fbem-32831	101	6	to	to	ADP
fbem-32831	101	7	a	a	DET
fbem-32831	101	8	critical	critical	ADJ
fbem-32831	101	9	threshold	threshold	NOUN
fbem-32831	101	10	,	,	PUNCT
fbem-32831	101	11	its	its	PRON
fbem-32831	101	12	‘	'	PUNCT
fbem-32831	101	13	avalanche	avalanche	NOUN
fbem-32831	101	14	-	-	PUNCT
fbem-32831	101	15	like	like	ADJ
fbem-32831	101	16	’	'	PUNCT
fbem-32831	101	17	release	release	NOUN
fbem-32831	101	18	becomes	become	VERB
fbem-32831	101	19	unstoppable	unstoppable	ADJ
fbem-32831	101	20	,	,	PUNCT
fbem-32831	101	21	triggering	trigger	VERB
fbem-32831	101	22	a	a	DET
fbem-32831	101	23	precipitous	precipitous	ADJ
fbem-32831	101	24	decline	decline	NOUN
fbem-32831	101	25	in	in	ADP
fbem-32831	101	26	share	share	NOUN
fbem-32831	101	27	prices	price	NOUN
fbem-32831	101	28	[	[	X
fbem-32831	101	29	18	18	NUM
fbem-32831	101	30	]	]	PUNCT
fbem-32831	101	31	.	.	PUNCT
fbem-32831	102	1	li	li	PROPN
fbem-32831	102	2	et	et	PROPN
fbem-32831	102	3	al	al	PROPN
fbem-32831	102	4	.	.	PROPN
fbem-32831	102	5	(	(	PUNCT
fbem-32831	102	6	2023	2023	NUM
fbem-32831	102	7	)	)	PUNCT
fbem-32831	102	8	analysed	analyse	VERB
fbem-32831	102	9	the	the	DET
fbem-32831	102	10	impact	impact	NOUN
fbem-32831	102	11	of	of	ADP
fbem-32831	102	12	institutional	institutional	ADJ
fbem-32831	102	13	investor	investor	NOUN
fbem-32831	102	14	information	information	NOUN
fbem-32831	102	15	interactions	interaction	NOUN
fbem-32831	102	16	on	on	ADP
fbem-32831	102	17	a	a	DET
fbem-32831	102	18	-	-	PUNCT
fbem-32831	102	19	share	share	NOUN
fbem-32831	102	20	listed	list	VERB
fbem-32831	102	21	companies	company	NOUN
fbem-32831	102	22	in	in	ADP
fbem-32831	102	23	china	china	PROPN
fbem-32831	102	24	's	's	PART
fbem-32831	102	25	stock	stock	NOUN
fbem-32831	102	26	market	market	NOUN
fbem-32831	102	27	through	through	ADP
fbem-32831	102	28	a	a	DET
fbem-32831	102	29	multi	multi	ADJ
fbem-32831	102	30	-network	-network	NOUN
fbem-32831	102	31	structure	structure	NOUN
fbem-32831	102	32	approach	approach	NOUN
fbem-32831	102	33	,	,	PUNCT
fbem-32831	102	34	revealing	reveal	VERB
fbem-32831	102	35	that	that	SCONJ
fbem-32831	102	36	such	such	ADJ
fbem-32831	102	37	interactions	interaction	NOUN
fbem-32831	102	38	amplify	amplify	VERB
fbem-32831	102	39	crash	crash	NOUN
fbem-32831	102	40	risk	risk	NOUN
fbem-32831	102	41	through	through	ADP
fbem-32831	102	42	herd	herd	NOUN
fbem-32831	102	43	behaviour	behaviour	NOUN
fbem-32831	102	44	rather	rather	ADV
fbem-32831	102	45	than	than	ADP
fbem-32831	102	46	oversight	oversight	NOUN
fbem-32831	102	47	effects	effect	NOUN
fbem-32831	102	48	[	[	X
fbem-32831	102	49	20	20	NUM
fbem-32831	102	50	]	]	PUNCT
fbem-32831	102	51	.	.	PUNCT
fbem-32831	103	1	krueger	krueger	PROPN
fbem-32831	103	2	et	et	PROPN
fbem-32831	103	3	al	al	PROPN
fbem-32831	103	4	.	.	PROPN
fbem-32831	103	5	(	(	PUNCT
fbem-32831	103	6	2020	2020	NUM
fbem-32831	103	7	)	)	PUNCT
fbem-32831	103	8	found	find	VERB
fbem-32831	103	9	that	that	SCONJ
fbem-32831	103	10	climate	climate	NOUN
fbem-32831	103	11	risk	risk	NOUN
fbem-32831	103	12	ranked	rank	VERB
fbem-32831	103	13	fifth	fifth	ADV
fbem-32831	103	14	in	in	ADP
fbem-32831	103	15	importance	importance	NOUN
fbem-32831	103	16	for	for	ADP
fbem-32831	103	17	investment	investment	NOUN
fbem-32831	103	18	decisions	decision	NOUN
fbem-32831	103	19	in	in	ADP
fbem-32831	103	20	a	a	DET
fbem-32831	103	21	survey	survey	NOUN
fbem-32831	103	22	of	of	ADP
fbem-32831	103	23	439	439	NUM
fbem-32831	103	24	fund	fund	NOUN
fbem-32831	103	25	managers	manager	NOUN
fbem-32831	103	26	,	,	PUNCT
fbem-32831	103	27	portfolio	portfolio	NOUN
fbem-32831	103	28	managers	manager	NOUN
fbem-32831	103	29	,	,	PUNCT
fbem-32831	103	30	executives	executive	NOUN
fbem-32831	103	31	and	and	CCONJ
fbem-32831	103	32	managing	manage	VERB
fbem-32831	103	33	directors	director	NOUN
fbem-32831	103	34	[	[	X
fbem-32831	103	35	19	19	NUM
fbem-32831	103	36	]	]	PUNCT
fbem-32831	103	37	.	.	PUNCT
fbem-32831	104	1	this	this	DET
fbem-32831	104	2	finding	finding	NOUN
fbem-32831	104	3	reflects	reflect	VERB
fbem-32831	104	4	a	a	DET
fbem-32831	104	5	growing	grow	VERB
fbem-32831	104	6	trend	trend	NOUN
fbem-32831	104	7	among	among	ADP
fbem-32831	104	8	academics	academic	NOUN
fbem-32831	104	9	to	to	PART
fbem-32831	104	10	incorporate	incorporate	VERB
fbem-32831	104	11	climate	climate	NOUN
fbem-32831	104	12	risk	risk	NOUN
fbem-32831	104	13	into	into	ADP
fbem-32831	104	14	the	the	DET
fbem-32831	104	15	framework	framework	NOUN
fbem-32831	104	16	for	for	ADP
fbem-32831	104	17	financial	financial	ADJ
fbem-32831	104	18	investment	investment	NOUN
fbem-32831	104	19	decision	decision	NOUN
fbem-32831	104	20	-	-	PUNCT
fbem-32831	104	21	making	making	NOUN
fbem-32831	104	22	.	.	PUNCT
fbem-32831	105	1	wu	wu	PROPN
fbem-32831	105	2	et	et	PROPN
fbem-32831	105	3	al	al	PROPN
fbem-32831	105	4	.	.	PROPN
fbem-32831	105	5	(	(	PUNCT
fbem-32831	105	6	2022	2022	NUM
fbem-32831	105	7	)	)	PUNCT
fbem-32831	105	8	,	,	PUNCT
fbem-32831	105	9	using	use	VERB
fbem-32831	105	10	a	a	DET
fbem-32831	105	11	sample	sample	NOUN
fbem-32831	105	12	of	of	ADP
fbem-32831	105	13	chinese	chinese	ADJ
fbem-32831	105	14	listed	list	VERB
fbem-32831	105	15	companies	company	NOUN
fbem-32831	105	16	,	,	PUNCT
fbem-32831	105	17	observed	observe	VERB
fbem-32831	105	18	that	that	SCONJ
fbem-32831	105	19	enterprises	enterprise	NOUN
fbem-32831	105	20	experiencing	experience	VERB
fbem-32831	105	21	climate	climate	NOUN
fbem-32831	105	22	risk	risk	NOUN
fbem-32831	105	23	events	event	NOUN
fbem-32831	105	24	face	face	VERB
fbem-32831	105	25	short	short	ADJ
fbem-32831	105	26	-term	-term	NOUN
fbem-32831	105	27	market	market	NOUN
fbem-32831	105	28	repercussions	repercussion	NOUN
fbem-32831	105	29	such	such	ADJ
fbem-32831	105	30	as	as	ADP
fbem-32831	105	31	share	share	NOUN
fbem-32831	105	32	price	price	NOUN
fbem-32831	105	33	declines	decline	NOUN
fbem-32831	105	34	,	,	PUNCT
fbem-32831	105	35	indicating	indicate	VERB
fbem-32831	105	36	investors	investor	NOUN
fbem-32831	105	37	'	'	PART
fbem-32831	105	38	heightened	heighten	VERB
fbem-32831	105	39	sensitivity	sensitivity	NOUN
fbem-32831	105	40	to	to	ADP
fbem-32831	105	41	climate	climate	NOUN
fbem-32831	105	42	-	-	PUNCT
fbem-32831	105	43	related	relate	VERB
fbem-32831	105	44	risks	risk	NOUN
fbem-32831	105	45	[	[	X
fbem-32831	105	46	28	28	NUM
fbem-32831	105	47	]	]	PUNCT
fbem-32831	105	48	.	.	PUNCT
fbem-32831	106	1	chen	chen	PROPN
fbem-32831	106	2	et	et	PROPN
fbem-32831	106	3	al	al	PROPN
fbem-32831	106	4	.	.	PROPN
fbem-32831	106	5	(	(	PUNCT
fbem-32831	106	6	2023	2023	NUM
fbem-32831	106	7	)	)	PUNCT
fbem-32831	106	8	established	establish	VERB
fbem-32831	106	9	that	that	DET
fbem-32831	106	10	climate	climate	NOUN
fbem-32831	106	11	policy	policy	NOUN
fbem-32831	106	12	uncertainty	uncertainty	NOUN
fbem-32831	106	13	significantly	significantly	ADV
fbem-32831	106	14	impacts	impact	VERB
fbem-32831	106	15	stock	stock	NOUN
fbem-32831	106	16	price	price	NOUN
fbem-32831	106	17	volatility	volatility	NOUN
fbem-32831	106	18	[	[	X
fbem-32831	106	19	5	5	NUM
fbem-32831	106	20	]	]	PUNCT
fbem-32831	106	21	.	.	PUNCT
fbem-32831	107	1	ni	ni	PROPN
fbem-32831	107	2	et	et	PROPN
fbem-32831	107	3	al	al	PROPN
fbem-32831	107	4	.	.	PROPN
fbem-32831	107	5	(	(	PUNCT
fbem-32831	107	6	2022	2022	NUM
fbem-32831	107	7	)	)	PUNCT
fbem-32831	107	8	identified	identify	VERB
fbem-32831	107	9	a	a	DET
fbem-32831	107	10	significant	significant	ADJ
fbem-32831	107	11	positive	positive	ADJ
fbem-32831	107	12	correlation	correlation	NOUN
fbem-32831	107	13	between	between	ADP
fbem-32831	107	14	climate	climate	NOUN
fbem-32831	107	15	vulnerability	vulnerability	NOUN
fbem-32831	107	16	and	and	CCONJ
fbem-32831	107	17	the	the	DET
fbem-32831	107	18	risk	risk	NOUN
fbem-32831	107	19	of	of	ADP
fbem-32831	107	20	corporate	corporate	ADJ
fbem-32831	107	21	stock	stock	NOUN
fbem-32831	107	22	price	price	NOUN
fbem-32831	107	23	collapse	collapse	NOUN
fbem-32831	107	24	[	[	X
fbem-32831	107	25	25	25	NUM
fbem-32831	107	26	]	]	PUNCT
fbem-32831	107	27	.	.	PUNCT
fbem-32831	108	1	naseer	naseer	PROPN
fbem-32831	108	2	et	et	PROPN
fbem-32831	108	3	al	al	PROPN
fbem-32831	108	4	.	.	PROPN
fbem-32831	109	1	(	(	PUNCT
fbem-32831	109	2	2024	2024	NUM
fbem-32831	109	3	)	)	PUNCT
fbem-32831	109	4	observed	observe	VERB
fbem-32831	109	5	that	that	SCONJ
fbem-32831	109	6	greater	great	ADJ
fbem-32831	109	7	climate	climate	NOUN
fbem-32831	109	8	change	change	NOUN
fbem-32831	109	9	risk	risk	NOUN
fbem-32831	109	10	correlates	correlate	VERB
fbem-32831	109	11	with	with	ADP
fbem-32831	109	12	heightened	heighten	VERB
fbem-32831	109	13	stock	stock	NOUN
fbem-32831	109	14	price	price	NOUN
fbem-32831	109	15	volatility	volatility	NOUN
fbem-32831	109	16	,	,	PUNCT
fbem-32831	109	17	while	while	SCONJ
fbem-32831	109	18	robust	robust	ADJ
fbem-32831	109	19	esg	esg	NOUN
fbem-32831	109	20	practices	practice	NOUN
fbem-32831	109	21	substantially	substantially	ADV
fbem-32831	109	22	mitigate	mitigate	VERB
fbem-32831	109	23	su	su	PROPN
fbem-32831	109	24	ch	ch	PROPN
fbem-32831	109	25	volatility	volatility	NOUN
fbem-32831	110	1	[	[	X
fbem-32831	110	2	24	24	NUM
fbem-32831	110	3	]	]	PUNCT
fbem-32831	110	4	.	.	PUNCT
fbem-32831	111	1	gan	gan	PROPN
fbem-32831	111	2	et	et	PROPN
fbem-32831	111	3	al	al	PROPN
fbem-32831	111	4	.	.	PROPN
fbem-32831	112	1	(	(	PUNCT
fbem-32831	112	2	2024	2024	NUM
fbem-32831	112	3	)	)	PUNCT
fbem-32831	112	4	observed	observe	VERB
fbem-32831	112	5	that	that	SCONJ
fbem-32831	112	6	,	,	PUNCT
fbem-32831	112	7	moderated	moderate	VERB
fbem-32831	112	8	by	by	ADP
fbem-32831	112	9	environmental	environmental	ADJ
fbem-32831	112	10	news	news	NOUN
fbem-32831	112	11	coverage	coverage	NOUN
fbem-32831	112	12	,	,	PUNCT
fbem-32831	112	13	even	even	ADV
fbem-32831	112	14	minor	minor	ADJ
fbem-32831	112	15	shifts	shift	NOUN
fbem-32831	112	16	in	in	ADP
fbem-32831	112	17	external	external	ADJ
fbem-32831	112	18	information	information	NOUN
fbem-32831	112	19	can	can	AUX
fbem-32831	112	20	trigger	trigger	VERB
fbem-32831	112	21	investor	investor	NOUN
fbem-32831	112	22	panic	panic	NOUN
fbem-32831	112	23	,	,	PUNCT
fbem-32831	112	24	leading	lead	VERB
fbem-32831	112	25	to	to	ADP
fbem-32831	112	26	widespread	widespread	ADJ
fbem-32831	112	27	sell	sell	NOUN
fbem-32831	112	28	-	-	PUNCT
fbem-32831	112	29	offs	off	NOUN
fbem-32831	112	30	of	of	ADP
fbem-32831	112	31	stocks	stock	NOUN
fbem-32831	112	32	in	in	ADP
fbem-32831	112	33	companies	company	NOUN
fbem-32831	112	34	facing	face	VERB
fbem-32831	112	35	climate	climate	NOUN
fbem-32831	112	36	transition	transition	NOUN
fbem-32831	112	37	risks	risk	NOUN
fbem-32831	112	38	[	[	X
fbem-32831	112	39	10	10	NUM
fbem-32831	112	40	]	]	PUNCT
fbem-32831	112	41	.	.	PUNCT
fbem-32831	113	1	concurrently	concurrently	ADV
fbem-32831	113	2	,	,	PUNCT
fbem-32831	113	3	lin	lin	PROPN
fbem-32831	113	4	and	and	CCONJ
fbem-32831	113	5	wu	wu	PROPN
fbem-32831	113	6	(	(	PUNCT
fbem-32831	113	7	2023	2023	NUM
fbem-32831	113	8	)	)	PUNCT
fbem-32831	113	9	demonstrated	demonstrate	VERB
fbem-32831	113	10	that	that	SCONJ
fbem-32831	113	11	climate	climate	NOUN
fbem-32831	113	12	risk	risk	NOUN
fbem-32831	113	13	disclosure	disclosure	NOUN
fbem-32831	113	14	effectively	effectively	ADV
fbem-32831	113	15	reduces	reduce	VERB
fbem-32831	113	16	stock	stock	NOUN
fbem-32831	113	17	crash	crash	NOUN
fbem-32831	113	18	risk	risk	NOUN
fbem-32831	114	1	[	[	X
fbem-32831	114	2	22	22	NUM
fbem-32831	114	3	]	]	PUNCT
fbem-32831	114	4	.	.	PUNCT
fbem-32831	115	1	bose	bose	PROPN
fbem-32831	115	2	et	et	PROPN
fbem-32831	115	3	al	al	PROPN
fbem-32831	115	4	.	.	PROPN
fbem-32831	116	1	(	(	PUNCT
fbem-32831	116	2	2025	2025	NUM
fbem-32831	116	3	)	)	PUNCT
fbem-32831	116	4	observed	observe	VERB
fbem-32831	116	5	a	a	DET
fbem-32831	116	6	positive	positive	ADJ
fbem-32831	116	7	correlation	correlation	NOUN
fbem-32831	116	8	between	between	ADP
fbem-32831	116	9	carbon	carbon	NOUN
fbem-32831	116	10	risk	risk	NOUN
fbem-32831	116	11	and	and	CCONJ
fbem-32831	116	12	future	future	ADJ
fbem-32831	116	13	stock	stock	NOUN
fbem-32831	116	14	crash	crash	NOUN
fbem-32831	116	15	probability	probability	NOUN
fbem-32831	116	16	,	,	PUNCT
fbem-32831	116	17	with	with	ADP
fbem-32831	116	18	internal	internal	ADJ
fbem-32831	116	19	and	and	CCONJ
fbem-32831	116	20	external	external	ADJ
fbem-32831	116	21	monitoring	monitoring	NOUN
fbem-32831	116	22	mitigating	mitigate	VERB
fbem-32831	116	23	information	information	NOUN
fbem-32831	116	24	asymmetry	asymmetry	NOUN
fbem-32831	116	25	related	relate	VERB
fbem-32831	116	26	to	to	PART
fbem-32831	116	27	carbon	carbon	NOUN
fbem-32831	116	28	risk	risk	NOUN
fbem-32831	116	29	to	to	PART
fbem-32831	116	30	reduce	reduce	VERB
fbem-32831	116	31	crash	crash	NOUN
fbem-32831	116	32	risk	risk	NOUN
fbem-32831	116	33	[	[	X
fbem-32831	116	34	3	3	NUM
fbem-32831	116	35	]	]	PUNCT
fbem-32831	116	36	.	.	PUNCT
fbem-32831	117	1	conversely	conversely	ADV
fbem-32831	117	2	,	,	PUNCT
fbem-32831	117	3	zhang	zhang	PROPN
fbem-32831	117	4	et	et	PROPN
fbem-32831	117	5	al	al	PROPN
fbem-32831	117	6	.	.	PROPN
fbem-32831	117	7	(	(	PUNCT
fbem-32831	117	8	2025	2025	NUM
fbem-32831	117	9	)	)	PUNCT
fbem-32831	117	10	found	find	VERB
fbem-32831	117	11	that	that	SCONJ
fbem-32831	117	12	an	an	DET
fbem-32831	117	13	overly	overly	ADV
fbem-32831	117	14	optimistic	optimistic	ADJ
fbem-32831	117	15	tone	tone	NOUN
fbem-32831	117	16	in	in	ADP
fbem-32831	117	17	climate	climate	NOUN
fbem-32831	117	18	risk	risk	NOUN
fbem-32831	117	19	disclosures	disclosure	NOUN
fbem-32831	117	20	tends	tend	VERB
fbem-32831	117	21	to	to	PART
fbem-32831	117	22	distort	distort	VERB
fbem-32831	117	23	investor	investor	NOUN
fbem-32831	117	24	perceptions	perception	NOUN
fbem-32831	117	25	,	,	PUNCT
fbem-32831	117	26	thereby	thereby	ADV
fbem-32831	117	27	exacerbating	exacerbate	VERB
fbem-32831	117	28	stock	stock	NOUN
fbem-32831	117	29	price	price	NOUN
fbem-32831	117	30	collapses	collapse	NOUN
fbem-32831	117	31	[	[	X
fbem-32831	117	32	31	31	NUM
fbem-32831	117	33	]	]	PUNCT
fbem-32831	117	34	.	.	PUNCT
fbem-32831	118	1	3	3	X
fbem-32831	118	2	.	.	X
fbem-32831	118	3	theoretical	theoretical	ADJ
fbem-32831	118	4	foundations	foundation	NOUN
fbem-32831	118	5	and	and	CCONJ
fbem-32831	118	6	research	research	NOUN
fbem-32831	118	7	hypotheses	hypothesis	NOUN
fbem-32831	118	8	3.1	3.1	NUM
fbem-32831	118	9	.	.	PUNCT
fbem-32831	119	1	theory	theory	NOUN
fbem-32831	119	2	of	of	ADP
fbem-32831	119	3	information	information	NOUN
fbem-32831	119	4	asymmetry	asymmetry	VERB
fbem-32831	119	5	the	the	DET
fbem-32831	119	6	theory	theory	NOUN
fbem-32831	119	7	of	of	ADP
fbem-32831	119	8	information	information	NOUN
fbem-32831	119	9	asymmetry	asymmetry	NOUN
fbem-32831	119	10	posits	posit	NOUN
fbem-32831	119	11	that	that	SCONJ
fbem-32831	119	12	in	in	ADP
fbem-32831	119	13	market	market	NOUN
fbem-32831	119	14	economic	economic	ADJ
fbem-32831	119	15	activities	activity	NOUN
fbem-32831	119	16	,	,	PUNCT
fbem-32831	119	17	sellers	seller	NOUN
fbem-32831	119	18	possess	possess	VERB
fbem-32831	119	19	greater	great	ADJ
fbem-32831	119	20	knowledge	knowledge	NOUN
fbem-32831	119	21	about	about	ADP
fbem-32831	119	22	goods	good	NOUN
fbem-32831	119	23	than	than	ADP
fbem-32831	119	24	buyers	buyer	NOUN
fbem-32831	119	25	.	.	PUNCT
fbem-32831	120	1	the	the	DET
fbem-32831	120	2	party	party	NOUN
fbem-32831	120	3	with	with	ADP
fbem-32831	120	4	superior	superior	ADJ
fbem-32831	120	5	information	information	NOUN
fbem-32831	120	6	can	can	AUX
fbem-32831	120	7	gain	gain	VERB
fbem-32831	120	8	market	market	NOUN
fbem-32831	120	9	advantages	advantage	NOUN
fbem-32831	120	10	by	by	ADP
fbem-32831	120	11	conveying	convey	VERB
fbem-32831	120	12	reliable	reliable	ADJ
fbem-32831	120	13	information	information	NOUN
fbem-32831	120	14	to	to	ADP
fbem-32831	120	15	the	the	DET
fbem-32831	120	16	information	information	NOUN
fbem-32831	120	17	-	-	PUNCT
fbem-32831	120	18	poor	poor	ADJ
fbem-32831	120	19	party	party	NOUN
fbem-32831	120	20	,	,	PUNCT
fbem-32831	120	21	thereby	thereby	ADV
fbem-32831	120	22	maintaining	maintain	VERB
fbem-32831	120	23	an	an	DET
fbem-32831	120	24	informational	informational	ADJ
fbem-32831	120	25	edge	edge	NOUN
fbem-32831	120	26	.	.	PUNCT
fbem-32831	121	1	within	within	ADP
fbem-32831	121	2	corporate	corporate	ADJ
fbem-32831	121	3	finance	finance	NOUN
fbem-32831	121	4	,	,	PUNCT
fbem-32831	121	5	this	this	DET
fbem-32831	121	6	theory	theory	NOUN
fbem-32831	121	7	manifests	manifest	VERB
fbem-32831	121	8	primarily	primarily	ADV
fbem-32831	121	9	as	as	ADP
fbem-32831	121	10	an	an	DET
fbem-32831	121	11	uneven	uneven	ADJ
fbem-32831	121	12	distribution	distribution	NOUN
fbem-32831	121	13	of	of	ADP
fbem-32831	121	14	information	information	NOUN
fbem-32831	121	15	between	between	ADP
fbem-32831	121	16	a	a	DET
fbem-32831	121	17	company	company	NOUN
fbem-32831	121	18	's	's	PART
fbem-32831	121	19	internal	internal	ADJ
fbem-32831	121	20	management	management	NOUN
fbem-32831	121	21	and	and	CCONJ
fbem-32831	121	22	external	external	ADJ
fbem-32831	121	23	investors	investor	NOUN
fbem-32831	121	24	.	.	PUNCT
fbem-32831	122	1	as	as	ADP
fbem-32831	122	2	the	the	DET
fbem-32831	122	3	actual	actual	ADJ
fbem-32831	122	4	operators	operator	NOUN
fbem-32831	122	5	of	of	ADP
fbem-32831	122	6	the	the	DET
fbem-32831	122	7	enterprise	enterprise	NOUN
fbem-32831	122	8	,	,	PUNCT
fbem-32831	122	9	management	management	NOUN
fbem-32831	122	10	inherently	inherently	ADV
fbem-32831	122	11	possesses	possess	VERB
fbem-32831	122	12	private	private	ADJ
fbem-32831	122	13	information	information	NOUN
fbem-32831	122	14	regarding	regard	VERB
fbem-32831	122	15	the	the	DET
fbem-32831	122	16	firm	firm	NOUN
fbem-32831	122	17	's	's	PART
fbem-32831	122	18	true	true	ADJ
fbem-32831	122	19	value	value	NOUN
fbem-32831	122	20	,	,	PUNCT
fbem-32831	122	21	operational	operational	ADJ
fbem-32831	122	22	status	status	NOUN
fbem-32831	122	23	,	,	PUNCT
fbem-32831	122	24	and	and	CCONJ
fbem-32831	122	25	future	future	ADJ
fbem-32831	122	26	risks	risk	NOUN
fbem-32831	122	27	,	,	PUNCT
fbem-32831	122	28	creating	create	VERB
fbem-32831	122	29	a	a	DET
fbem-32831	122	30	propensity	propensity	NOUN
fbem-32831	122	31	for	for	ADP
fbem-32831	122	32	opportunistic	opportunistic	ADJ
fbem-32831	122	33	behaviour	behaviour	NOUN
fbem-32831	122	34	.	.	PUNCT
fbem-32831	123	1	external	external	ADJ
fbem-32831	123	2	investors	investor	NOUN
fbem-32831	123	3	,	,	PUNCT
fbem-32831	123	4	conversely	conversely	ADV
fbem-32831	123	5	,	,	PUNCT
fbem-32831	123	6	occupy	occupy	VERB
fbem-32831	123	7	an	an	DET
fbem-32831	123	8	information	information	NOUN
fbem-32831	123	9	disadvantage	disadvantage	NOUN
fbem-32831	123	10	,	,	PUNCT
fbem-32831	123	11	relying	rely	VERB
fbem-32831	123	12	chiefly	chiefly	ADV
fbem-32831	123	13	on	on	ADP
fbem-32831	123	14	publicly	publicly	ADV
fbem-32831	123	15	disclosed	disclose	VERB
fbem-32831	123	16	information	information	NOUN
fbem-32831	123	17	for	for	ADP
fbem-32831	123	18	decision	decision	NOUN
fbem-32831	123	19	-	-	PUNCT
fbem-32831	123	20	making	make	VERB
fbem-32831	123	21	and	and	CCONJ
fbem-32831	123	22	incurring	incur	VERB
fbem-32831	123	23	significant	significant	ADJ
fbem-32831	123	24	costs	cost	NOUN
fbem-32831	123	25	to	to	PART
fbem-32831	123	26	verify	verify	VERB
fbem-32831	123	27	the	the	DET
fbem-32831	123	28	accuracy	accuracy	NOUN
fbem-32831	123	29	of	of	ADP
fbem-32831	123	30	such	such	ADJ
fbem-32831	123	31	information	information	NOUN
fbem-32831	123	32	.	.	PUNCT
fbem-32831	124	1	this	this	DET
fbem-32831	124	2	dynamic	dynamic	NOUN
fbem-32831	124	3	creates	create	VERB
fbem-32831	124	4	an	an	DET
fbem-32831	124	5	information	information	NOUN
fbem-32831	124	6	barrier	barrier	NOUN
fbem-32831	124	7	.	.	PUNCT
fbem-32831	125	1	information	information	NOUN
fbem-32831	125	2	asymmetry	asymmetry	NOUN
fbem-32831	125	3	may	may	AUX
fbem-32831	125	4	manifest	manifest	VERB
fbem-32831	125	5	at	at	ADP
fbem-32831	125	6	various	various	ADJ
fbem-32831	125	7	stages	stage	NOUN
fbem-32831	125	8	of	of	ADP
fbem-32831	125	9	contract	contract	NOUN
fbem-32831	125	10	formation	formation	NOUN
fbem-32831	125	11	.	.	PUNCT
fbem-32831	126	1	pre	pre	ADJ
fbem-32831	126	2	-	-	ADJ
fbem-32831	126	3	contractual	contractual	ADJ
fbem-32831	126	4	market	market	NOUN
fbem-32831	126	5	failures	failure	NOUN
fbem-32831	126	6	stemming	stem	VERB
fbem-32831	126	7	from	from	ADP
fbem-32831	126	8	information	information	NOUN
fbem-32831	126	9	asymmetry	asymmetry	NOUN
fbem-32831	126	10	are	be	AUX
fbem-32831	126	11	defined	define	VERB
fbem-32831	126	12	as	as	ADP
fbem-32831	126	13	adverse	adverse	ADJ
fbem-32831	126	14	selection	selection	NOUN
fbem-32831	126	15	issues	issue	NOUN
fbem-32831	126	16	.	.	PUNCT
fbem-32831	127	1	post	post	ADJ
fbem-32831	127	2	-	-	ADJ
fbem-32831	127	3	contractual	contractual	ADJ
fbem-32831	127	4	performance	performance	NOUN
fbem-32831	127	5	risks	risk	NOUN
fbem-32831	127	6	and	and	CCONJ
fbem-32831	127	7	behavioural	behavioural	ADJ
fbem-32831	127	8	distortions	distortion	NOUN
fbem-32831	127	9	arising	arise	VERB
fbem-32831	127	10	from	from	ADP
fbem-32831	127	11	information	information	NOUN
fbem-32831	127	12	asymmetry	asymmetry	NOUN
fbem-32831	127	13	are	be	AUX
fbem-32831	127	14	categorised	categorise	VERB
fbem-32831	127	15	as	as	ADP
fbem-32831	127	16	moral	moral	ADJ
fbem-32831	127	17	hazard	hazard	NOUN
fbem-32831	127	18	problems	problem	NOUN
fbem-32831	127	19	.	.	PUNCT
fbem-32831	128	1	in	in	ADP
fbem-32831	128	2	the	the	DET
fbem-32831	128	3	context	context	NOUN
fbem-32831	128	4	of	of	ADP
fbem-32831	128	5	stock	stock	NOUN
fbem-32831	128	6	price	price	NOUN
fbem-32831	128	7	collapse	collapse	NOUN
fbem-32831	128	8	risks	risk	NOUN
fbem-32831	128	9	,	,	PUNCT
fbem-32831	128	10	moral	moral	ADJ
fbem-32831	128	11	hazard	hazard	NOUN
fbem-32831	128	12	proves	prove	VERB
fbem-32831	128	13	more	more	ADV
fbem-32831	128	14	critical	critical	ADJ
fbem-32831	128	15	.	.	PUNCT
fbem-32831	129	1	as	as	SCONJ
fbem-32831	129	2	investors	investor	NOUN
fbem-32831	129	3	can	can	AUX
fbem-32831	129	4	not	not	PART
fbem-32831	129	5	effectively	effectively	ADV
fbem-32831	129	6	observe	observe	VERB
fbem-32831	129	7	all	all	DET
fbem-32831	129	8	managerial	managerial	ADJ
fbem-32831	129	9	actions	action	NOUN
fbem-32831	129	10	,	,	PUNCT
fbem-32831	129	11	management	management	NOUN
fbem-32831	129	12	may	may	AUX
fbem-32831	129	13	conceal	conceal	VERB
fbem-32831	129	14	unfavourable	unfavourable	ADJ
fbem-32831	129	15	‘	'	PUNCT
fbem-32831	129	16	bad	bad	ADJ
fbem-32831	129	17	n	n	PRON
fbem-32831	129	18	ews	ew	NOUN
fbem-32831	129	19	’	'	PUNCT
fbem-32831	129	20	for	for	ADP
fbem-32831	129	21	the	the	DET
fbem-32831	129	22	company	company	NOUN
fbem-32831	129	23	,	,	PUNCT
fbem-32831	129	24	such	such	ADJ
fbem-32831	129	25	as	as	ADP
fbem-32831	129	26	failed	fail	VERB
fbem-32831	129	27	investments	investment	NOUN
fbem-32831	129	28	,	,	PUNCT
fbem-32831	129	29	potential	potential	ADJ
fbem-32831	129	30	litigation	litigation	NOUN
fbem-32831	129	31	,	,	PUNCT
fbem-32831	129	32	or	or	CCONJ
fbem-32831	129	33	climate	climate	NOUN
fbem-32831	129	34	risk	risk	NOUN
fbem-32831	129	35	exposures	exposure	NOUN
fbem-32831	129	36	.	.	PUNCT
fbem-32831	130	1	3.2	3.2	NUM
fbem-32831	130	2	.	.	PUNCT
fbem-32831	130	3	agency	agency	NOUN
fbem-32831	130	4	theory	theory	NOUN
fbem-32831	130	5	agency	agency	NOUN
fbem-32831	130	6	theory	theory	NOUN
fbem-32831	130	7	forms	form	VERB
fbem-32831	130	8	the	the	DET
fbem-32831	130	9	theoretical	theoretical	ADJ
fbem-32831	130	10	bedrock	bedrock	NOUN
fbem-32831	130	11	of	of	ADP
fbem-32831	130	12	modern	modern	ADJ
fbem-32831	130	13	corporate	corporate	ADJ
fbem-32831	130	14	governance	governance	NOUN
fbem-32831	130	15	,	,	PUNCT
fbem-32831	130	16	emerging	emerge	VERB
fbem-32831	130	17	from	from	ADP
fbem-32831	130	18	the	the	DET
fbem-32831	130	19	series	series	NOUN
fbem-32831	130	20	of	of	ADP
fbem-32831	130	21	conflicts	conflict	NOUN
fbem-32831	130	22	arising	arise	VERB
fbem-32831	130	23	from	from	ADP
fbem-32831	130	24	the	the	DET
fbem-32831	130	25	separation	separation	NOUN
fbem-32831	130	26	of	of	ADP
fbem-32831	130	27	ownership	ownership	NOUN
fbem-32831	130	28	and	and	CCONJ
fbem-32831	130	29	management	management	NOUN
fbem-32831	130	30	rights	right	NOUN
fbem-32831	130	31	amid	amid	ADP
fbem-32831	130	32	waves	wave	NOUN
fbem-32831	130	33	of	of	ADP
fbem-32831	130	34	corporate	corporate	ADJ
fbem-32831	130	35	expansion	expansion	NOUN
fbem-32831	130	36	and	and	CCONJ
fbem-32831	130	37	specialised	specialised	ADJ
fbem-32831	130	38	division	division	NOUN
fbem-32831	130	39	of	of	ADP
fbem-32831	130	40	labour	labour	NOUN
fbem-32831	130	41	.	.	PUNCT
fbem-32831	131	1	its	its	PRON
fbem-32831	131	2	core	core	NOUN
fbem-32831	131	3	proposition	proposition	NOUN
fbem-32831	131	4	lies	lie	VERB
fbem-32831	131	5	in	in	ADP
fbem-32831	131	6	the	the	DET
fbem-32831	131	7	fact	fact	NOUN
fbem-32831	131	8	that	that	SCONJ
fbem-32831	131	9	,	,	PUNCT
fbem-32831	131	10	due	due	ADP
fbem-32831	131	11	to	to	ADP
fbem-32831	131	12	the	the	DET
fbem-32831	131	13	divergence	divergence	NOUN
fbem-32831	131	14	of	of	ADP
fbem-32831	131	15	objectives	objective	NOUN
fbem-32831	131	16	between	between	ADP
fbem-32831	131	17	principals	principal	NOUN
fbem-32831	131	18	and	and	CCONJ
fbem-32831	131	19	agents	agent	NOUN
fbem-32831	131	20	and	and	CCONJ
fbem-32831	131	21	the	the	DET
fbem-32831	131	22	asymmetry	asymmetry	NOUN
fbem-32831	131	23	of	of	ADP
fbem-32831	131	24	information	information	NOUN
fbem-32831	131	25	,	,	PUNCT
fbem-32831	131	26	agents	agent	NOUN
fbem-32831	131	27	may	may	AUX
fbem-32831	131	28	not	not	PART
fbem-32831	131	29	consistently	consistently	ADV
fbem-32831	131	30	act	act	VERB
fbem-32831	131	31	in	in	ADP
fbem-32831	131	32	the	the	DET
fbem-32831	131	33	principal	principal	NOUN
fbem-32831	131	34	's	's	PART
fbem-32831	131	35	best	good	ADJ
fbem-32831	131	36	interests	interest	NOUN
fbem-32831	131	37	,	,	PUNCT
fbem-32831	131	38	thereby	thereby	ADV
fbem-32831	131	39	generating	generate	VERB
fbem-32831	131	40	agency	agency	NOUN
fbem-32831	131	41	problems	problem	NOUN
fbem-32831	131	42	.	.	PUNCT
fbem-32831	132	1	on	on	ADP
fbem-32831	132	2	the	the	DET
fbem-32831	132	3	one	one	NUM
fbem-32831	132	4	hand	hand	NOUN
fbem-32831	132	5	,	,	PUNCT
fbem-32831	132	6	as	as	SCONJ
fbem-32831	132	7	enterprises	enterprise	NOUN
fbem-32831	132	8	grow	grow	VERB
fbem-32831	132	9	and	and	CCONJ
fbem-32831	132	10	diversify	diversify	VERB
fbem-32831	132	11	,	,	PUNCT
fbem-32831	132	12	their	their	PRON
fbem-32831	132	13	operational	operational	ADJ
fbem-32831	132	14	scope	scope	NOUN
fbem-32831	132	15	broadens	broaden	VERB
fbem-32831	132	16	and	and	CCONJ
fbem-32831	132	17	technical	technical	ADJ
fbem-32831	132	18	demands	demand	NOUN
fbem-32831	132	19	intensify	intensify	VERB
fbem-32831	132	20	.	.	PUNCT
fbem-32831	133	1	owners	owner	NOUN
fbem-32831	133	2	are	be	AUX
fbem-32831	133	3	often	often	ADV
fbem-32831	133	4	constrained	constrain	VERB
fbem-32831	133	5	by	by	ADP
fbem-32831	133	6	their	their	PRON
fbem-32831	133	7	own	own	ADJ
fbem-32831	133	8	energy	energy	NOUN
fbem-32831	133	9	,	,	PUNCT
fbem-32831	133	10	expertise	expertise	NOUN
fbem-32831	133	11	,	,	PUNCT
fbem-32831	133	12	and	and	CCONJ
fbem-32831	133	13	managerial	managerial	ADJ
fbem-32831	133	14	capacity	capacity	NOUN
fbem-32831	133	15	,	,	PUNCT
fbem-32831	133	16	making	make	VERB
fbem-32831	133	17	it	it	PRON
fbem-32831	133	18	difficult	difficult	ADJ
fbem-32831	133	19	to	to	PART
fbem-32831	133	20	efficiently	efficiently	ADV
fbem-32831	133	21	run	run	VERB
fbem-32831	133	22	the	the	DET
fbem-32831	133	23	business	business	NOUN
fbem-32831	133	24	alone	alone	ADV
fbem-32831	133	25	.	.	PUNCT
fbem-32831	134	1	introducing	introduce	VERB
fbem-32831	134	2	professional	professional	ADJ
fbem-32831	134	3	managers	manager	NOUN
fbem-32831	134	4	to	to	PART
fbem-32831	134	5	oversee	oversee	VERB
fbem-32831	134	6	day	day	NOUN
fbem-32831	134	7	-	-	PUNCT
fbem-32831	134	8	to	to	ADP
fbem-32831	134	9	-	-	PUNCT
fbem-32831	134	10	day	day	NOUN
fbem-32831	134	11	operations	operation	NOUN
fbem-32831	134	12	thus	thus	ADV
fbem-32831	134	13	becomes	become	VERB
fbem-32831	134	14	a	a	DET
fbem-32831	134	15	practical	practical	ADJ
fbem-32831	134	16	necessity	necessity	NOUN
fbem-32831	134	17	,	,	PUNCT
fbem-32831	134	18	creating	create	VERB
fbem-32831	134	19	the	the	DET
fbem-32831	134	20	real	real	ADJ
fbem-32831	134	21	-	-	PUNCT
fbem-32831	134	22	world	world	NOUN
fbem-32831	134	23	demand	demand	NOUN
fbem-32831	134	24	for	for	ADP
fbem-32831	134	25	principal	principal	ADJ
fbem-32831	134	26	-	-	PUNCT
fbem-32831	134	27	agent	agent	NOUN
fbem-32831	134	28	relationships	relationship	NOUN
fbem-32831	134	29	.	.	PUNCT
fbem-32831	135	1	conversely	conversely	ADV
fbem-32831	135	2	,	,	PUNCT
fbem-32831	135	3	owners	owner	NOUN
fbem-32831	135	4	(	(	PUNCT
fbem-32831	135	5	principals	principal	NOUN
fbem-32831	135	6	)	)	PUNCT
fbem-32831	135	7	pursue	pursue	VERB
fbem-32831	135	8	the	the	DET
fbem-32831	135	9	maximisation	maximisation	NOUN
fbem-32831	135	10	of	of	ADP
fbem-32831	135	11	long	long	ADJ
fbem-32831	135	12	-	-	PUNCT
fbem-32831	135	13	term	term	NOUN
fbem-32831	135	14	corporate	corporate	ADJ
fbem-32831	135	15	value	value	NOUN
fbem-32831	135	16	,	,	PUNCT
fbem-32831	135	17	prioritising	prioritise	VERB
fbem-32831	135	18	asset	asset	NOUN
fbem-32831	135	19	preservation	preservation	NOUN
fbem-32831	135	20	and	and	CCONJ
fbem-32831	135	21	appreciation	appreciation	NOUN
fbem-32831	135	22	alongside	alongside	ADP
fbem-32831	135	23	the	the	DET
fbem-32831	135	24	expansion	expansion	NOUN
fbem-32831	135	25	of	of	ADP
fbem-32831	135	26	shareholder	shareholder	NOUN
fbem-32831	135	27	equity	equity	NOUN
fbem-32831	135	28	.	.	PUNCT
fbem-32831	136	1	operators	operator	NOUN
fbem-32831	136	2	(	(	PUNCT
fbem-32831	136	3	agents	agent	NOUN
fbem-32831	136	4	)	)	PUNCT
fbem-32831	136	5	,	,	PUNCT
fbem-32831	136	6	however	however	ADV
fbem-32831	136	7	,	,	PUNCT
fbem-32831	136	8	tend	tend	VERB
fbem-32831	136	9	to	to	PART
fbem-32831	136	10	focus	focus	VERB
fbem-32831	136	11	on	on	ADP
fbem-32831	136	12	their	their	PRON
fbem-32831	136	13	own	own	ADJ
fbem-32831	136	14	short	short	ADJ
fbem-32831	136	15	-	-	PUNCT
fbem-32831	136	16	term	term	NOUN
fbem-32831	136	17	interests	interest	NOUN
fbem-32831	136	18	,	,	PUNCT
fbem-32831	136	19	such	such	ADJ
fbem-32831	136	20	as	as	ADP
fbem-32831	136	21	high	high	ADJ
fbem-32831	136	22	remuneration	remuneration	NOUN
fbem-32831	136	23	,	,	PUNCT
fbem-32831	136	24	in	in	ADP
fbem-32831	136	25	-	-	PUNCT
fbem-32831	136	26	office	office	NOUN
fbem-32831	136	27	consumption	consumption	NOUN
fbem-32831	136	28	,	,	PUNCT
fbem-32831	136	29	and	and	CCONJ
fbem-32831	136	30	personal	personal	ADJ
fbem-32831	136	31	reputation	reputation	NOUN
fbem-32831	136	32	.	.	PUNCT
fbem-32831	137	1	this	this	DET
fbem-32831	137	2	divergence	divergence	NOUN
fbem-32831	137	3	in	in	ADP
fbem-32831	137	4	objectives	objective	NOUN
fbem-32831	137	5	may	may	AUX
fbem-32831	137	6	lead	lead	VERB
fbem-32831	137	7	operators	operator	NOUN
fbem-32831	137	8	to	to	PART
fbem-32831	137	9	make	make	VERB
fbem-32831	137	10	decisions	decision	NOUN
fbem-32831	137	11	contrary	contrary	ADJ
fbem-32831	137	12	to	to	ADP
fbem-32831	137	13	the	the	DET
fbem-32831	137	14	owners	owner	NOUN
fbem-32831	137	15	'	'	PART
fbem-32831	137	16	wishes	wish	NOUN
fbem-32831	137	17	,	,	PUNCT
fbem-32831	137	18	such	such	ADJ
fbem-32831	137	19	as	as	ADP
fbem-32831	137	20	over	over	ADP
fbem-32831	137	21	25	25	NUM
fbem-32831	137	22	investing	invest	VERB
fbem-32831	137	23	to	to	PART
fbem-32831	137	24	expand	expand	VERB
fbem-32831	137	25	their	their	PRON
fbem-32831	137	26	personal	personal	ADJ
fbem-32831	137	27	sphere	sphere	NOUN
fbem-32831	137	28	of	of	ADP
fbem-32831	137	29	influence	influence	NOUN
fbem-32831	137	30	or	or	CCONJ
fbem-32831	137	31	neglecting	neglect	VERB
fbem-32831	137	32	long	long	ADJ
fbem-32831	137	33	-	-	PUNCT
fbem-32831	137	34	term	term	NOUN
fbem-32831	137	35	r&d	r&d	NOUN
fbem-32831	137	36	expenditure	expenditure	NOUN
fbem-32831	137	37	in	in	ADP
fbem-32831	137	38	pursuit	pursuit	NOUN
fbem-32831	137	39	of	of	ADP
fbem-32831	137	40	short	short	ADJ
fbem-32831	137	41	term	term	NOUN
fbem-32831	137	42	performance	performance	NOUN
fbem-32831	137	43	.	.	PUNCT
fbem-32831	138	1	3.3	3.3	NUM
fbem-32831	138	2	.	.	PUNCT
fbem-32831	139	1	research	research	NOUN
fbem-32831	139	2	hypotheses	hypothesis	NOUN
fbem-32831	139	3	building	build	VERB
fbem-32831	139	4	upon	upon	SCONJ
fbem-32831	139	5	the	the	DET
fbem-32831	139	6	frameworks	framework	NOUN
fbem-32831	139	7	of	of	ADP
fbem-32831	139	8	information	information	NOUN
fbem-32831	139	9	asymmetry	asymmetry	NOUN
fbem-32831	139	10	theory	theory	NOUN
fbem-32831	139	11	and	and	CCONJ
fbem-32831	139	12	principal	principal	ADJ
fbem-32831	139	13	-	-	PUNCT
fbem-32831	139	14	agent	agent	NOUN
fbem-32831	139	15	theory	theory	NOUN
fbem-32831	139	16	,	,	PUNCT
fbem-32831	139	17	and	and	CCONJ
fbem-32831	139	18	drawing	draw	VERB
fbem-32831	139	19	upon	upon	SCONJ
fbem-32831	139	20	relevant	relevant	ADJ
fbem-32831	139	21	research	research	NOUN
fbem-32831	139	22	in	in	ADP
fbem-32831	139	23	supply	supply	NOUN
fbem-32831	139	24	chain	chain	NOUN
fbem-32831	139	25	management	management	NOUN
fbem-32831	139	26	,	,	PUNCT
fbem-32831	139	27	information	information	NOUN
fbem-32831	139	28	economics	economic	NOUN
fbem-32831	139	29	,	,	PUNCT
fbem-32831	139	30	and	and	CCONJ
fbem-32831	139	31	corporate	corporate	ADJ
fbem-32831	139	32	finance	finance	NOUN
fbem-32831	139	33	,	,	PUNCT
fbem-32831	139	34	this	this	DET
fbem-32831	139	35	subsection	subsection	NOUN
fbem-32831	139	36	systematically	systematically	ADV
fbem-32831	139	37	proposes	propose	VERB
fbem-32831	139	38	the	the	DET
fbem-32831	139	39	following	follow	VERB
fbem-32831	139	40	research	research	NOUN
fbem-32831	139	41	hypotheses	hypothesis	NOUN
fbem-32831	139	42	.	.	PUNCT
fbem-32831	140	1	corporate	corporate	ADJ
fbem-32831	140	2	climate	climate	NOUN
fbem-32831	140	3	risks	risk	NOUN
fbem-32831	140	4	sow	sow	VERB
fbem-32831	140	5	the	the	DET
fbem-32831	140	6	seeds	seed	NOUN
fbem-32831	140	7	for	for	ADP
fbem-32831	140	8	stock	stock	NOUN
fbem-32831	140	9	price	price	NOUN
fbem-32831	140	10	collapse	collapse	NOUN
fbem-32831	140	11	by	by	ADP
fbem-32831	140	12	exacerbating	exacerbate	VERB
fbem-32831	140	13	information	information	NOUN
fbem-32831	140	14	asymmetry	asymmetry	NOUN
fbem-32831	140	15	and	and	CCONJ
fbem-32831	140	16	intensifying	intensify	VERB
fbem-32831	140	17	principal	principal	ADJ
fbem-32831	140	18	-	-	PUNCT
fbem-32831	140	19	agent	agent	NOUN
fbem-32831	140	20	conflicts	conflict	NOUN
fbem-32831	140	21	.	.	PUNCT
fbem-32831	141	1	climate	climate	NOUN
fbem-32831	141	2	risk	risk	NOUN
fbem-32831	141	3	identification	identification	NOUN
fbem-32831	141	4	demands	demand	VERB
fbem-32831	141	5	high	high	ADJ
fbem-32831	141	6	specialisation	specialisation	NOUN
fbem-32831	141	7	and	and	CCONJ
fbem-32831	141	8	is	be	AUX
fbem-32831	141	9	characterised	characterise	VERB
fbem-32831	141	10	by	by	ADP
fbem-32831	141	11	long	long	ADJ
fbem-32831	141	12	-	-	PUNCT
fbem-32831	141	13	term	term	NOUN
fbem-32831	141	14	and	and	CCONJ
fbem-32831	141	15	uncertain	uncertain	ADJ
fbem-32831	141	16	nature	nature	NOUN
fbem-32831	141	17	.	.	PUNCT
fbem-32831	142	1	whereby	whereby	SCONJ
fbem-32831	142	2	management	management	NOUN
fbem-32831	142	3	possesses	possess	VERB
fbem-32831	142	4	significant	significant	ADJ
fbem-32831	142	5	informational	informational	ADJ
fbem-32831	142	6	advantages	advantage	NOUN
fbem-32831	142	7	and	and	CCONJ
fbem-32831	142	8	more	more	ADV
fbem-32831	142	9	precise	precise	ADJ
fbem-32831	142	10	internal	internal	ADJ
fbem-32831	142	11	assessments	assessment	NOUN
fbem-32831	142	12	.	.	PUNCT
fbem-32831	143	1	consequently	consequently	ADV
fbem-32831	143	2	,	,	PUNCT
fbem-32831	143	3	when	when	SCONJ
fbem-32831	143	4	corporate	corporate	ADJ
fbem-32831	143	5	assets	asset	NOUN
fbem-32831	143	6	face	face	VERB
fbem-32831	143	7	threats	threat	NOUN
fbem-32831	143	8	from	from	ADP
fbem-32831	143	9	climate	climate	NOUN
fbem-32831	143	10	disasters	disaster	NOUN
fbem-32831	143	11	,	,	PUNCT
fbem-32831	143	12	potential	potential	ADJ
fbem-32831	143	13	asset	asset	NOUN
fbem-32831	143	14	stranding	stranding	NOUN
fbem-32831	143	15	,	,	PUNCT
fbem-32831	143	16	or	or	CCONJ
fbem-32831	143	17	supply	supply	VERB
fbem-32831	143	18	chain	chain	NOUN
fbem-32831	143	19	disruptions	disruption	NOUN
fbem-32831	143	20	,	,	PUNCT
fbem-32831	143	21	management	management	NOUN
fbem-32831	143	22	harbours	harbour	VERB
fbem-32831	143	23	strong	strong	ADJ
fbem-32831	143	24	incentives	incentive	NOUN
fbem-32831	143	25	to	to	PART
fbem-32831	143	26	delay	delay	VERB
fbem-32831	143	27	disclosure	disclosure	NOUN
fbem-32831	143	28	or	or	CCONJ
fbem-32831	143	29	conceal	conceal	VERB
fbem-32831	143	30	evidence	evidence	NOUN
fbem-32831	143	31	of	of	ADP
fbem-32831	143	32	inadequate	inadequate	ADJ
fbem-32831	143	33	climate	climate	NOUN
fbem-32831	143	34	risk	risk	NOUN
fbem-32831	143	35	management	management	NOUN
fbem-32831	143	36	.	.	PUNCT
fbem-32831	144	1	this	this	PRON
fbem-32831	144	2	stems	stem	VERB
fbem-32831	144	3	from	from	ADP
fbem-32831	144	4	concerns	concern	NOUN
fbem-32831	144	5	that	that	SCONJ
fbem-32831	144	6	such	such	ADJ
fbem-32831	144	7	negative	negative	ADJ
fbem-32831	144	8	information	information	NOUN
fbem-32831	144	9	could	could	AUX
fbem-32831	144	10	trigger	trigger	VERB
fbem-32831	144	11	short	short	ADJ
fbem-32831	144	12	-	-	PUNCT
fbem-32831	144	13	term	term	NOUN
fbem-32831	144	14	market	market	NOUN
fbem-32831	144	15	panic	panic	NOUN
fbem-32831	144	16	and	and	CCONJ
fbem-32831	144	17	share	share	NOUN
fbem-32831	144	18	price	price	NOUN
fbem-32831	144	19	declines	decline	NOUN
fbem-32831	144	20	,	,	PUNCT
fbem-32831	144	21	thereby	thereby	ADV
fbem-32831	144	22	jeopardising	jeopardise	VERB
fbem-32831	144	23	personal	personal	ADJ
fbem-32831	144	24	interests	interest	NOUN
fbem-32831	144	25	such	such	ADJ
fbem-32831	144	26	as	as	ADP
fbem-32831	144	27	remuneration	remuneration	NOUN
fbem-32831	144	28	and	and	CCONJ
fbem-32831	144	29	reputation	reputation	NOUN
fbem-32831	144	30	.	.	PUNCT
fbem-32831	145	1	this	this	PRON
fbem-32831	145	2	concealed	conceal	VERB
fbem-32831	145	3	negative	negative	ADJ
fbem-32831	145	4	climate	climate	NOUN
fbem-32831	145	5	information	information	NOUN
fbem-32831	145	6	accumulates	accumulate	VERB
fbem-32831	145	7	internally	internally	ADV
fbem-32831	145	8	,	,	PUNCT
fbem-32831	145	9	forming	form	VERB
fbem-32831	145	10	an	an	DET
fbem-32831	145	11	‘	'	PUNCT
fbem-32831	145	12	information	information	NOUN
fbem-32831	145	13	black	black	ADJ
fbem-32831	145	14	hole	hole	NOUN
fbem-32831	145	15	.	.	PUNCT
fbem-32831	145	16	’	'	PUNCT
fbem-32831	146	1	once	once	ADV
fbem-32831	146	2	accumulated	accumulate	VERB
fbem-32831	146	3	bad	bad	ADJ
fbem-32831	146	4	news	news	NOUN
fbem-32831	146	5	surpasses	surpass	VERB
fbem-32831	146	6	a	a	DET
fbem-32831	146	7	critical	critical	ADJ
fbem-32831	146	8	threshold	threshold	NOUN
fbem-32831	146	9	—	—	PUNCT
fbem-32831	146	10	such	such	ADJ
fbem-32831	146	11	as	as	ADP
fbem-32831	146	12	the	the	DET
fbem-32831	146	13	introduction	introduction	NOUN
fbem-32831	146	14	of	of	ADP
fbem-32831	146	15	major	major	ADJ
fbem-32831	146	16	climate	climate	NOUN
fbem-32831	146	17	policies	policy	NOUN
fbem-32831	146	18	or	or	CCONJ
fbem-32831	146	19	significant	significant	ADJ
fbem-32831	146	20	losses	loss	NOUN
fbem-32831	146	21	from	from	ADP
fbem-32831	146	22	extreme	extreme	ADJ
fbem-32831	146	23	weather	weather	NOUN
fbem-32831	146	24	events	event	NOUN
fbem-32831	146	25	—	—	PUNCT
fbem-32831	146	26	it	it	PRON
fbem-32831	146	27	is	be	AUX
fbem-32831	146	28	released	release	VERB
fbem-32831	146	29	en	en	INTJ
fbem-32831	146	30	masse	masse	NOUN
fbem-32831	146	31	to	to	ADP
fbem-32831	146	32	the	the	DET
fbem-32831	146	33	market	market	NOUN
fbem-32831	146	34	,	,	PUNCT
fbem-32831	146	35	triggering	trigger	VERB
fbem-32831	146	36	a	a	DET
fbem-32831	146	37	collapse	collapse	NOUN
fbem-32831	146	38	in	in	ADP
fbem-32831	146	39	investor	investor	NOUN
fbem-32831	146	40	confidence	confidence	NOUN
fbem-32831	146	41	and	and	CCONJ
fbem-32831	146	42	a	a	DET
fbem-32831	146	43	sharp	sharp	ADJ
fbem-32831	146	44	decline	decline	NOUN
fbem-32831	146	45	in	in	ADP
fbem-32831	146	46	share	share	NOUN
fbem-32831	146	47	prices	price	NOUN
fbem-32831	146	48	.	.	PUNCT
fbem-32831	147	1	h1	h1	PROPN
fbem-32831	147	2	:	:	PUNCT
fbem-32831	147	3	the	the	PRON
fbem-32831	147	4	higher	high	ADJ
fbem-32831	147	5	the	the	DET
fbem-32831	147	6	climate	climate	NOUN
fbem-32831	147	7	risk	risk	NOUN
fbem-32831	147	8	faced	face	VERB
fbem-32831	147	9	by	by	ADP
fbem-32831	147	10	a	a	DET
fbem-32831	147	11	company	company	NOUN
fbem-32831	147	12	,	,	PUNCT
fbem-32831	147	13	the	the	PRON
fbem-32831	147	14	greater	great	ADJ
fbem-32831	147	15	its	its	PRON
fbem-32831	147	16	future	future	ADJ
fbem-32831	147	17	risk	risk	NOUN
fbem-32831	147	18	of	of	ADP
fbem-32831	147	19	a	a	DET
fbem-32831	147	20	share	share	NOUN
fbem-32831	147	21	price	price	NOUN
fbem-32831	147	22	collapse	collapse	NOUN
fbem-32831	147	23	.	.	PUNCT
fbem-32831	148	1	against	against	ADP
fbem-32831	148	2	the	the	DET
fbem-32831	148	3	backdrop	backdrop	NOUN
fbem-32831	148	4	of	of	ADP
fbem-32831	148	5	deeply	deeply	ADV
fbem-32831	148	6	integrated	integrate	VERB
fbem-32831	148	7	global	global	ADJ
fbem-32831	148	8	value	value	NOUN
fbem-32831	148	9	chains	chain	NOUN
fbem-32831	148	10	,	,	PUNCT
fbem-32831	148	11	supply	supply	NOUN
fbem-32831	148	12	chains	chain	NOUN
fbem-32831	148	13	have	have	AUX
fbem-32831	148	14	become	become	VERB
fbem-32831	148	15	a	a	DET
fbem-32831	148	16	critical	critical	ADJ
fbem-32831	148	17	linchpin	linchpin	NOUN
fbem-32831	148	18	for	for	ADP
fbem-32831	148	19	enterprises	enterprise	NOUN
fbem-32831	148	20	in	in	ADP
fbem-32831	148	21	managing	manage	VERB
fbem-32831	148	22	climate	climate	NOUN
fbem-32831	148	23	risks	risk	NOUN
fbem-32831	148	24	.	.	PUNCT
fbem-32831	149	1	firstly	firstly	ADV
fbem-32831	149	2	,	,	PUNCT
fbem-32831	149	3	physical	physical	ADJ
fbem-32831	149	4	climate	climate	NOUN
fbem-32831	149	5	risks	risk	NOUN
fbem-32831	149	6	undermine	undermine	VERB
fbem-32831	149	7	supply	supply	NOUN
fbem-32831	149	8	chain	chain	NOUN
fbem-32831	149	9	stability	stability	NOUN
fbem-32831	149	10	.	.	PUNCT
fbem-32831	150	1	extreme	extreme	ADJ
fbem-32831	150	2	weather	weather	NOUN
fbem-32831	150	3	events	event	NOUN
fbem-32831	150	4	stemming	stem	VERB
fbem-32831	150	5	from	from	ADP
fbem-32831	150	6	physical	physical	ADJ
fbem-32831	150	7	risks	risk	NOUN
fbem-32831	150	8	may	may	AUX
fbem-32831	150	9	directly	directly	ADV
fbem-32831	150	10	damage	damage	VERB
fbem-32831	150	11	key	key	ADJ
fbem-32831	150	12	suppliers	supplier	NOUN
fbem-32831	150	13	'	'	PART
fbem-32831	150	14	production	production	NOUN
fbem-32831	150	15	facilities	facility	NOUN
fbem-32831	150	16	or	or	CCONJ
fbem-32831	150	17	disrupt	disrupt	ADJ
fbem-32831	150	18	logistics	logistic	NOUN
fbem-32831	150	19	,	,	PUNCT
fbem-32831	150	20	subsequently	subsequently	ADV
fbem-32831	150	21	hindering	hinder	VERB
fbem-32831	150	22	corporate	corporate	ADJ
fbem-32831	150	23	production	production	NOUN
fbem-32831	150	24	,	,	PUNCT
fbem-32831	150	25	causing	cause	VERB
fbem-32831	150	26	delivery	delivery	NOUN
fbem-32831	150	27	delays	delay	NOUN
fbem-32831	150	28	,	,	PUNCT
fbem-32831	150	29	and	and	CCONJ
fbem-32831	150	30	driving	drive	VERB
fbem-32831	150	31	up	up	ADP
fbem-32831	150	32	costs	cost	NOUN
fbem-32831	150	33	.	.	PUNCT
fbem-32831	151	1	this	this	PRON
fbem-32831	151	2	directly	directly	ADV
fbem-32831	151	3	impacts	impact	VERB
fbem-32831	151	4	business	business	NOUN
fbem-32831	151	5	performance	performance	NOUN
fbem-32831	151	6	and	and	CCONJ
fbem-32831	151	7	transmits	transmit	VERB
fbem-32831	151	8	negative	negative	ADJ
fbem-32831	151	9	signa	signa	PROPN
fbem-32831	151	10	ls	ls	PROPN
fbem-32831	151	11	to	to	ADP
fbem-32831	151	12	the	the	DET
fbem-32831	151	13	market	market	NOUN
fbem-32831	151	14	.	.	PUNCT
fbem-32831	152	1	secondly	secondly	ADV
fbem-32831	152	2	,	,	PUNCT
fbem-32831	152	3	as	as	SCONJ
fbem-32831	152	4	global	global	ADJ
fbem-32831	152	5	carbon	carbon	NOUN
fbem-32831	152	6	regulation	regulation	NOUN
fbem-32831	152	7	policies	policy	NOUN
fbem-32831	152	8	intensify	intensify	VERB
fbem-32831	152	9	,	,	PUNCT
fbem-32831	152	10	high	high	ADJ
fbem-32831	152	11	-	-	PUNCT
fbem-32831	152	12	carbon	carbon	NOUN
fbem-32831	152	13	emission	emission	NOUN
fbem-32831	152	14	segments	segment	NOUN
fbem-32831	152	15	within	within	ADP
fbem-32831	152	16	supply	supply	NOUN
fbem-32831	152	17	chains	chain	NOUN
fbem-32831	152	18	face	face	VERB
fbem-32831	152	19	greater	great	ADJ
fbem-32831	152	20	compliance	compliance	NOUN
fbem-32831	152	21	costs	cost	NOUN
fbem-32831	152	22	and	and	CCONJ
fbem-32831	152	23	transformation	transformation	NOUN
fbem-32831	152	24	pressures	pressure	NOUN
fbem-32831	152	25	.	.	PUNCT
fbem-32831	153	1	supply	supply	NOUN
fbem-32831	153	2	chain	chain	NOUN
fbem-32831	153	3	nodes	node	NOUN
fbem-32831	153	4	failing	fail	VERB
fbem-32831	153	5	to	to	PART
fbem-32831	153	6	adapt	adapt	VERB
fbem-32831	153	7	promptly	promptly	ADV
fbem-32831	153	8	may	may	AUX
fbem-32831	153	9	consequently	consequently	ADV
fbem-32831	153	10	lose	lose	VERB
fbem-32831	153	11	market	market	NOUN
fbem-32831	153	12	competitiveness	competitiveness	NOUN
fbem-32831	153	13	or	or	CCONJ
fbem-32831	153	14	even	even	ADV
fbem-32831	153	15	be	be	AUX
fbem-32831	153	16	eliminated	eliminate	VERB
fbem-32831	153	17	.	.	PUNCT
fbem-32831	154	1	such	such	ADJ
fbem-32831	154	2	structural	structural	ADJ
fbem-32831	154	3	shifts	shift	NOUN
fbem-32831	154	4	weaken	weaken	VERB
fbem-32831	154	5	corporate	corporate	ADJ
fbem-32831	154	6	supply	supply	NOUN
fbem-32831	154	7	chain	chain	NOUN
fbem-32831	154	8	resilience	resilience	NOUN
fbem-32831	154	9	;	;	PUNCT
fbem-32831	154	10	even	even	ADV
fbem-32831	154	11	enterprises	enterprise	NOUN
fbem-32831	154	12	with	with	ADP
fbem-32831	154	13	low	low	ADJ
fbem-32831	154	14	internal	internal	ADJ
fbem-32831	154	15	emissions	emission	NOUN
fbem-32831	154	16	may	may	AUX
fbem-32831	154	17	face	face	VERB
fbem-32831	154	18	policy	policy	NOUN
fbem-32831	154	19	pressures	pressure	NOUN
fbem-32831	154	20	due	due	ADJ
fbem-32831	154	21	to	to	ADP
fbem-32831	154	22	high	high	ADJ
fbem-32831	154	23	-emission	-emission	NOUN
fbem-32831	154	24	segments	segment	NOUN
fbem-32831	154	25	within	within	ADP
fbem-32831	154	26	their	their	PRON
fbem-32831	154	27	supply	supply	NOUN
fbem-32831	154	28	chains	chain	NOUN
fbem-32831	154	29	.	.	PUNCT
fbem-32831	155	1	when	when	SCONJ
fbem-32831	155	2	supply	supply	NOUN
fbem-32831	155	3	chain	chain	NOUN
fbem-32831	155	4	resilience	resilience	NOUN
fbem-32831	155	5	is	be	AUX
fbem-32831	155	6	compromised	compromise	VERB
fbem-32831	155	7	,	,	PUNCT
fbem-32831	155	8	operational	operational	ADJ
fbem-32831	155	9	volatility	volatility	NOUN
fbem-32831	155	10	increases	increase	NOUN
fbem-32831	155	11	,	,	PUNCT
fbem-32831	155	12	and	and	CCONJ
fbem-32831	155	13	the	the	DET
fbem-32831	155	14	accumulation	accumulation	NOUN
fbem-32831	155	15	of	of	ADP
fbem-32831	155	16	negative	negative	ADJ
fbem-32831	155	17	business	business	NOUN
fbem-32831	155	18	information	information	NOUN
fbem-32831	155	19	lays	lay	VERB
fbem-32831	155	20	the	the	DET
fbem-32831	155	21	groundwork	groundwork	NOUN
fbem-32831	155	22	for	for	ADP
fbem-32831	155	23	share	share	NOUN
fbem-32831	155	24	price	price	NOUN
fbem-32831	155	25	collapses	collapse	NOUN
fbem-32831	155	26	.	.	PUNCT
fbem-32831	156	1	concurrently	concurrently	ADV
fbem-32831	156	2	,	,	PUNCT
fbem-32831	156	3	to	to	PART
fbem-32831	156	4	maintain	maintain	VERB
fbem-32831	156	5	market	market	NOUN
fbem-32831	156	6	confidence	confidence	NOUN
fbem-32831	156	7	,	,	PUNCT
fbem-32831	156	8	management	management	NOUN
fbem-32831	156	9	may	may	AUX
fbem-32831	156	10	persist	persist	VERB
fbem-32831	156	11	in	in	ADP
fbem-32831	156	12	concealing	conceal	VERB
fbem-32831	156	13	the	the	DET
fbem-32831	156	14	extent	extent	NOUN
fbem-32831	156	15	of	of	ADP
fbem-32831	156	16	climate	climate	NOUN
fbem-32831	156	17	risk	risk	NOUN
fbem-32831	156	18	impacts	impact	NOUN
fbem-32831	156	19	on	on	ADP
fbem-32831	156	20	the	the	DET
fbem-32831	156	21	supply	supply	NOUN
fbem-32831	156	22	chain	chain	NOUN
fbem-32831	156	23	,	,	PUNCT
fbem-32831	156	24	leading	lead	VERB
fbem-32831	156	25	to	to	ADP
fbem-32831	156	26	the	the	DET
fbem-32831	156	27	suppression	suppression	NOUN
fbem-32831	156	28	of	of	ADP
fbem-32831	156	29	relevant	relevant	ADJ
fbem-32831	156	30	information	information	NOUN
fbem-32831	156	31	.	.	PUNCT
fbem-32831	157	1	when	when	SCONJ
fbem-32831	157	2	the	the	DET
fbem-32831	157	3	truth	truth	NOUN
fbem-32831	157	4	can	can	AUX
fbem-32831	157	5	no	no	ADV
fbem-32831	157	6	longer	long	ADV
fbem-32831	157	7	be	be	AUX
fbem-32831	157	8	concealed	conceal	VERB
fbem-32831	157	9	,	,	PUNCT
fbem-32831	157	10	this	this	DET
fbem-32831	157	11	accumulated	accumulate	VERB
fbem-32831	157	12	bad	bad	ADJ
fbem-32831	157	13	news	news	NOUN
fbem-32831	157	14	is	be	AUX
fbem-32831	157	15	released	release	VERB
fbem-32831	157	16	in	in	ADP
fbem-32831	157	17	concentrated	concentrated	ADJ
fbem-32831	157	18	bursts	burst	NOUN
fbem-32831	157	19	,	,	PUNCT
fbem-32831	157	20	triggering	trigger	VERB
fbem-32831	157	21	share	share	NOUN
fbem-32831	157	22	price	price	NOUN
fbem-32831	157	23	collapses	collapse	NOUN
fbem-32831	157	24	.	.	PUNCT
fbem-32831	158	1	h2	h2	PROPN
fbem-32831	158	2	:	:	PUNCT
fbem-32831	158	3	supply	supply	NOUN
fbem-32831	158	4	chain	chain	NOUN
fbem-32831	158	5	resilience	resilience	NOUN
fbem-32831	158	6	mediates	mediate	VERB
fbem-32831	158	7	the	the	DET
fbem-32831	158	8	relationship	relationship	NOUN
fbem-32831	158	9	between	between	ADP
fbem-32831	158	10	corporate	corporate	ADJ
fbem-32831	158	11	climate	climate	NOUN
fbem-32831	158	12	risk	risk	NOUN
fbem-32831	158	13	and	and	CCONJ
fbem-32831	158	14	stock	stock	NOUN
fbem-32831	158	15	price	price	NOUN
fbem-32831	158	16	crash	crash	NOUN
fbem-32831	158	17	risk	risk	NOUN
fbem-32831	158	18	.	.	PUNCT
fbem-32831	159	1	specifically	specifically	ADV
fbem-32831	159	2	,	,	PUNCT
fbem-32831	159	3	climate	climate	NOUN
fbem-32831	159	4	risk	risk	NOUN
fbem-32831	159	5	amplifies	amplify	VERB
fbem-32831	159	6	stock	stock	NOUN
fbem-32831	159	7	price	price	NOUN
fbem-32831	159	8	crash	crash	NOUN
fbem-32831	159	9	risk	risk	NOUN
fbem-32831	159	10	by	by	ADP
fbem-32831	159	11	weakening	weaken	VERB
fbem-32831	159	12	corporate	corporate	ADJ
fbem-32831	159	13	supply	supply	NOUN
fbem-32831	159	14	chain	chain	NOUN
fbem-32831	159	15	resilience	resilience	NOUN
fbem-32831	159	16	.	.	PUNCT
fbem-32831	160	1	securities	security	NOUN
fbem-32831	160	2	analysts	analyst	NOUN
fbem-32831	160	3	,	,	PUNCT
fbem-32831	160	4	as	as	ADP
fbem-32831	160	5	vital	vital	ADJ
fbem-32831	160	6	information	information	NOUN
fbem-32831	160	7	intermediaries	intermediary	NOUN
fbem-32831	160	8	in	in	ADP
fbem-32831	160	9	capital	capital	NOUN
fbem-32831	160	10	markets	market	NOUN
fbem-32831	160	11	,	,	PUNCT
fbem-32831	160	12	fulfil	fulfil	VERB
fbem-32831	160	13	dual	dual	ADJ
fbem-32831	160	14	roles	role	NOUN
fbem-32831	160	15	in	in	ADP
fbem-32831	160	16	information	information	NOUN
fbem-32831	160	17	mining	mining	NOUN
fbem-32831	160	18	and	and	CCONJ
fbem-32831	160	19	public	public	ADJ
fbem-32831	160	20	oversight	oversight	NOUN
fbem-32831	160	21	.	.	PUNCT
fbem-32831	161	1	within	within	ADP
fbem-32831	161	2	the	the	DET
fbem-32831	161	3	climate	climate	NOUN
fbem-32831	161	4	risk	risk	NOUN
fbem-32831	161	5	context	context	NOUN
fbem-32831	161	6	,	,	PUNCT
fbem-32831	161	7	high	high	ADJ
fbem-32831	161	8	-calibre	-calibre	NOUN
fbem-32831	161	9	analysts	analyst	NOUN
fbem-32831	161	10	can	can	AUX
fbem-32831	161	11	leverage	leverage	VERB
fbem-32831	161	12	in	in	ADP
fbem-32831	161	13	-	-	PUNCT
fbem-32831	161	14	depth	depth	NOUN
fbem-32831	161	15	research	research	NOUN
fbem-32831	161	16	and	and	CCONJ
fbem-32831	161	17	specialised	specialised	ADJ
fbem-32831	161	18	industry	industry	NOUN
fbem-32831	161	19	knowledge	knowledge	NOUN
fbem-32831	161	20	to	to	PART
fbem-32831	161	21	identify	identify	VERB
fbem-32831	161	22	,	,	PUNCT
fbem-32831	161	23	interpret	interpret	VERB
fbem-32831	161	24	,	,	PUNCT
fbem-32831	161	25	and	and	CCONJ
fbem-32831	161	26	disseminate	disseminate	VERB
fbem-32831	161	27	corporate	corporate	ADJ
fbem-32831	161	28	climate	climate	NOUN
fbem-32831	161	29	risks	risk	NOUN
fbem-32831	161	30	earlier	early	ADV
fbem-32831	161	31	.	.	PUNCT
fbem-32831	162	1	this	this	PRON
fbem-32831	162	2	reduces	reduce	VERB
fbem-32831	162	3	information	information	NOUN
fbem-32831	162	4	asymmetry	asymmetry	NOUN
fbem-32831	162	5	between	between	ADP
fbem-32831	162	6	management	management	NOUN
fbem-32831	162	7	and	and	CCONJ
fbem-32831	162	8	external	external	ADJ
fbem-32831	162	9	investors	investor	NOUN
fbem-32831	162	10	,	,	PUNCT
fbem-32831	162	11	curtails	curtail	VERB
fbem-32831	162	12	management	management	NOUN
fbem-32831	162	13	's	's	PART
fbem-32831	162	14	scope	scope	NOUN
fbem-32831	162	15	for	for	ADP
fbem-32831	162	16	concealing	conceal	VERB
fbem-32831	162	17	adverse	adverse	ADJ
fbem-32831	162	18	developments	development	NOUN
fbem-32831	162	19	,	,	PUNCT
fbem-32831	162	20	and	and	CCONJ
fbem-32831	162	21	enables	enable	VERB
fbem-32831	162	22	more	more	ADV
fbem-32831	162	23	timely	timely	ADJ
fbem-32831	162	24	and	and	CCONJ
fbem-32831	162	25	accurate	accurate	ADJ
fbem-32831	162	26	market	market	NOUN
fbem-32831	162	27	valuation	valuation	NOUN
fbem-32831	162	28	of	of	ADP
fbem-32831	162	29	corporate	corporate	ADJ
fbem-32831	162	30	worth	worth	NOUN
fbem-32831	162	31	.	.	PUNCT
fbem-32831	163	1	simultaneously	simultaneously	ADV
fbem-32831	163	2	,	,	PUNCT
fbem-32831	163	3	analysts	analyst	NOUN
fbem-32831	163	4	'	'	PART
fbem-32831	163	5	ongoing	ongoing	ADJ
fbem-32831	163	6	monitoring	monitoring	NOUN
fbem-32831	163	7	and	and	CCONJ
fbem-32831	163	8	questioning	question	VERB
fbem-32831	163	9	exert	exert	ADJ
fbem-32831	163	10	potent	potent	ADJ
fbem-32831	163	11	external	external	ADJ
fbem-32831	163	12	oversight	oversight	NOUN
fbem-32831	163	13	pressure	pressure	NOUN
fbem-32831	163	14	on	on	ADP
fbem-32831	163	15	management	management	NOUN
fbem-32831	163	16	,	,	PUNCT
fbem-32831	163	17	compelling	compelling	ADJ
fbem-32831	163	18	greater	great	ADJ
fbem-32831	163	19	consideration	consideration	NOUN
fbem-32831	163	20	of	of	ADP
fbem-32831	163	21	market	market	NOUN
fbem-32831	163	22	reputation	reputation	NOUN
fbem-32831	163	23	in	in	ADP
fbem-32831	163	24	decision	decision	NOUN
fbem-32831	163	25	-making	-making	NOUN
fbem-32831	163	26	and	and	CCONJ
fbem-32831	163	27	thereby	thereby	ADV
fbem-32831	163	28	curbing	curb	VERB
fbem-32831	163	29	short	short	ADJ
fbem-32831	163	30	-	-	PUNCT
fbem-32831	163	31	termism	termism	NOUN
fbem-32831	163	32	stemming	stem	VERB
fbem-32831	163	33	from	from	ADP
fbem-32831	163	34	agency	agency	NOUN
fbem-32831	163	35	problems	problem	NOUN
fbem-32831	163	36	.	.	PUNCT
fbem-32831	164	1	high	high	ADJ
fbem-32831	164	2	analyst	analyst	NOUN
fbem-32831	164	3	attention	attention	NOUN
fbem-32831	164	4	may	may	AUX
fbem-32831	164	5	lead	lead	VERB
fbem-32831	164	6	to	to	ADP
fbem-32831	164	7	earlier	early	ADJ
fbem-32831	164	8	pricing	pricing	NOUN
fbem-32831	164	9	of	of	ADP
fbem-32831	164	10	corporate	corporate	ADJ
fbem-32831	164	11	climate	climate	NOUN
fbem-32831	164	12	risks	risk	NOUN
fbem-32831	164	13	,	,	PUNCT
fbem-32831	164	14	reducing	reduce	VERB
fbem-32831	164	15	future	future	ADJ
fbem-32831	164	16	stock	stock	NOUN
fbem-32831	164	17	price	price	NOUN
fbem-32831	164	18	crash	crash	NOUN
fbem-32831	164	19	risks	risk	NOUN
fbem-32831	164	20	;	;	PUNCT
fbem-32831	164	21	conversely	conversely	ADV
fbem-32831	164	22	,	,	PUNCT
fbem-32831	164	23	low	low	ADJ
fbem-32831	164	24	attention	attention	NOUN
fbem-32831	164	25	may	may	AUX
fbem-32831	164	26	amplify	amplify	VERB
fbem-32831	164	27	the	the	DET
fbem-32831	164	28	negative	negative	ADJ
fbem-32831	164	29	impact	impact	NOUN
fbem-32831	164	30	of	of	ADP
fbem-32831	164	31	climate	climate	NOUN
fbem-32831	164	32	risks	risk	NOUN
fbem-32831	164	33	,	,	PUNCT
fbem-32831	164	34	increasing	increase	VERB
fbem-32831	164	35	crash	crash	NOUN
fbem-32831	164	36	vulnerability	vulnerability	NOUN
fbem-32831	164	37	.	.	PUNCT
fbem-32831	165	1	h3	h3	NOUN
fbem-32831	165	2	:	:	PUNCT
fbem-32831	165	3	analyst	analyst	NOUN
fbem-32831	165	4	attention	attention	NOUN
fbem-32831	165	5	negatively	negatively	ADV
fbem-32831	165	6	moderates	moderate	VERB
fbem-32831	165	7	the	the	DET
fbem-32831	165	8	relationship	relationship	NOUN
fbem-32831	165	9	between	between	ADP
fbem-32831	165	10	corporate	corporate	ADJ
fbem-32831	165	11	climate	climate	NOUN
fbem-32831	165	12	risk	risk	NOUN
fbem-32831	165	13	and	and	CCONJ
fbem-32831	165	14	stock	stock	NOUN
fbem-32831	165	15	price	price	NOUN
fbem-32831	165	16	crash	crash	NOUN
fbem-32831	165	17	risk	risk	NOUN
fbem-32831	165	18	.	.	PUNCT
fbem-32831	166	1	4	4	X
fbem-32831	166	2	.	.	X
fbem-32831	166	3	methodology	methodology	NOUN
fbem-32831	166	4	4.1	4.1	NUM
fbem-32831	166	5	.	.	PUNCT
fbem-32831	167	1	variable	variable	ADJ
fbem-32831	167	2	definitions	definition	NOUN
fbem-32831	167	3	4.1.1	4.1.1	NUM
fbem-32831	167	4	.	.	PUNCT
fbem-32831	168	1	corporate	corporate	ADJ
fbem-32831	168	2	climate	climate	NOUN
fbem-32831	168	3	risk	risk	NOUN
fbem-32831	168	4	this	this	DET
fbem-32831	168	5	study	study	NOUN
fbem-32831	168	6	employs	employ	VERB
fbem-32831	168	7	text	text	NOUN
fbem-32831	168	8	analysis	analysis	NOUN
fbem-32831	168	9	methodology	methodology	NOUN
fbem-32831	168	10	,	,	PUNCT
fbem-32831	168	11	utilising	utilise	VERB
fbem-32831	168	12	computational	computational	ADJ
fbem-32831	168	13	linguistics	linguistic	NOUN
fbem-32831	168	14	tools	tool	NOUN
fbem-32831	168	15	for	for	ADP
fbem-32831	168	16	word	word	NOUN
fbem-32831	168	17	segmentation	segmentation	NOUN
fbem-32831	168	18	,	,	PUNCT
fbem-32831	168	19	word	word	NOUN
fbem-32831	168	20	vector	vector	NOUN
fbem-32831	168	21	training	training	NOUN
fbem-32831	168	22	,	,	PUNCT
fbem-32831	168	23	and	and	CCONJ
fbem-32831	168	24	word	word	NOUN
fbem-32831	168	25	frequency	frequency	NOUN
fbem-32831	168	26	statistics	statistic	NOUN
fbem-32831	168	27	to	to	PART
fbem-32831	168	28	minimise	minimise	VERB
fbem-32831	168	29	subjective	subjective	ADJ
fbem-32831	168	30	bias	bias	NOUN
fbem-32831	168	31	.	.	PUNCT
fbem-32831	169	1	firstly	firstly	ADV
fbem-32831	169	2	,	,	PUNCT
fbem-32831	169	3	a	a	DET
fbem-32831	169	4	dictionary	dictionary	ADJ
fbem-32831	169	5	comprising	comprise	VERB
fbem-32831	169	6	62	62	NUM
fbem-32831	169	7	chinese	chinese	ADJ
fbem-32831	169	8	terms	term	NOUN
fbem-32831	169	9	related	relate	VERB
fbem-32831	169	10	to	to	ADP
fbem-32831	169	11	‘	'	PUNCT
fbem-32831	169	12	climate	climate	NOUN
fbem-32831	169	13	risk	risk	NOUN
fbem-32831	169	14	’	'	PUNCT
fbem-32831	169	15	within	within	ADP
fbem-32831	169	16	annual	annual	ADJ
fbem-32831	169	17	reports	report	NOUN
fbem-32831	169	18	was	be	AUX
fbem-32831	169	19	established	establish	VERB
fbem-32831	169	20	as	as	ADP
fbem-32831	169	21	the	the	DET
fbem-32831	169	22	seed	seed	NOUN
fbem-32831	169	23	word	word	NOUN
fbem-32831	169	24	set	set	VERB
fbem-32831	169	25	.	.	PUNCT
fbem-32831	170	1	secondly	secondly	ADV
fbem-32831	170	2	,	,	PUNCT
fbem-32831	170	3	preprocessing	preprocesse	VERB
fbem-32831	170	4	of	of	ADP
fbem-32831	170	5	corporate	corporate	ADJ
fbem-32831	170	6	annual	annual	ADJ
fbem-32831	170	7	report	report	NOUN
fbem-32831	170	8	texts	text	NOUN
fbem-32831	170	9	was	be	AUX
fbem-32831	170	10	conducted	conduct	VERB
fbem-32831	170	11	.	.	PUNCT
fbem-32831	171	1	subsequently	subsequently	ADV
fbem-32831	171	2	,	,	PUNCT
fbem-32831	171	3	to	to	PART
fbem-32831	171	4	enhance	enhance	VERB
fbem-32831	171	5	the	the	DET
fbem-32831	171	6	objectivity	objectivity	NOUN
fbem-32831	171	7	and	and	CCONJ
fbem-32831	171	8	comprehensiveness	comprehensiveness	NOUN
fbem-32831	171	9	of	of	ADP
fbem-32831	171	10	the	the	DET
fbem-32831	171	11	lexicon	lexicon	NOUN
fbem-32831	171	12	,	,	PUNCT
fbem-32831	171	13	a	a	DET
fbem-32831	171	14	skip	skip	NOUN
fbem-32831	171	15	-	-	PUNCT
fbem-32831	171	16	gram	gram	NOUN
fbem-32831	171	17	word	word	NOUN
fbem-32831	171	18	vector	vector	NOUN
fbem-32831	171	19	model	model	NOUN
fbem-32831	171	20	was	be	AUX
fbem-32831	171	21	employed	employ	VERB
fbem-32831	171	22	to	to	PART
fbem-32831	171	23	expand	expand	VERB
fbem-32831	171	24	the	the	DET
fbem-32831	171	25	seed	seed	NOUN
fbem-32831	171	26	set	set	VERB
fbem-32831	171	27	by	by	ADP
fbem-32831	171	28	selecting	select	VERB
fbem-32831	171	29	terms	term	NOUN
fbem-32831	171	30	with	with	ADP
fbem-32831	171	31	similarity	similarity	NOUN
fbem-32831	171	32	scores	score	NOUN
fbem-32831	171	33	exceeding	exceed	VERB
fbem-32831	171	34	0.6	0.6	NUM
fbem-32831	171	35	.	.	PUNCT
fbem-32831	172	1	through	through	ADP
fbem-32831	172	2	manual	manual	ADJ
fbem-32831	172	3	refinement	refinement	NOUN
fbem-32831	172	4	,	,	PUNCT
fbem-32831	172	5	the	the	DET
fbem-32831	172	6	final	final	ADJ
fbem-32831	172	7	‘	'	PUNCT
fbem-32831	172	8	climate	climate	NOUN
fbem-32831	172	9	risk	risk	NOUN
fbem-32831	172	10	’	'	PUNCT
fbem-32831	172	11	lexicon	lexicon	NOUN
fbem-32831	172	12	comprises	comprise	VERB
fbem-32831	172	13	140	140	NUM
fbem-32831	172	14	chinese	chinese	ADJ
fbem-32831	172	15	terms	term	NOUN
fbem-32831	172	16	.	.	PUNCT
fbem-32831	173	1	finally	finally	ADV
fbem-32831	173	2	,	,	PUNCT
fbem-32831	173	3	the	the	DET
fbem-32831	173	4	total	total	ADJ
fbem-32831	173	5	word	word	NOUN
fbem-32831	173	6	frequency	frequency	NOUN
fbem-32831	173	7	of	of	ADP
fbem-32831	173	8	the	the	DET
fbem-32831	173	9	expanded	expand	VERB
fbem-32831	173	10	terms	term	NOUN
fbem-32831	173	11	and	and	CCONJ
fbem-32831	173	12	their	their	PRON
fbem-32831	173	13	ratio	ratio	NOUN
fbem-32831	173	14	to	to	ADP
fbem-32831	173	15	th	th	NUM
fbem-32831	173	16	e	e	NOUN
fbem-32831	173	17	total	total	ADJ
fbem-32831	173	18	annual	annual	ADJ
fbem-32831	173	19	report	report	NOUN
fbem-32831	173	20	word	word	NOUN
fbem-32831	173	21	frequency	frequency	NOUN
fbem-32831	173	22	were	be	AUX
fbem-32831	173	23	calculated	calculate	VERB
fbem-32831	173	24	to	to	PART
fbem-32831	173	25	derive	derive	VERB
fbem-32831	173	26	the	the	DET
fbem-32831	173	27	climate	climate	NOUN
fbem-32831	173	28	risk	risk	NOUN
fbem-32831	173	29	indicator	indicator	NOUN
fbem-32831	173	30	,	,	PUNCT
fbem-32831	173	31	which	which	PRON
fbem-32831	173	32	underwent	undergo	VERB
fbem-32831	173	33	one	one	NUM
fbem-32831	173	34	-period	-period	NOUN
fbem-32831	173	35	lag	lag	NOUN
fbem-32831	173	36	processing	processing	NOUN
fbem-32831	173	37	.	.	PUNCT
fbem-32831	174	1	a	a	DET
fbem-32831	174	2	higher	high	ADJ
fbem-32831	174	3	indicator	indicator	NOUN
fbem-32831	174	4	value	value	NOUN
fbem-32831	174	5	indicates	indicate	VERB
fbem-32831	174	6	greater	great	ADJ
fbem-32831	174	7	climate	climate	NOUN
fbem-32831	174	8	risk	risk	NOUN
fbem-32831	174	9	exposure	exposure	NOUN
fbem-32831	174	10	for	for	ADP
fbem-32831	174	11	the	the	DET
fbem-32831	174	12	enterprise	enterprise	NOUN
fbem-32831	174	13	.	.	PUNCT
fbem-32831	175	1	4.1.2	4.1.2	X
fbem-32831	175	2	.	.	PUNCT
fbem-32831	175	3	stock	stock	NOUN
fbem-32831	175	4	price	price	NOUN
fbem-32831	175	5	crash	crash	NOUN
fbem-32831	175	6	risk	risk	NOUN
fbem-32831	175	7	stock	stock	NOUN
fbem-32831	175	8	price	price	NOUN
fbem-32831	175	9	crash	crash	NOUN
fbem-32831	175	10	risk	risk	NOUN
fbem-32831	175	11	measures	measure	VERB
fbem-32831	175	12	the	the	DET
fbem-32831	175	13	probability	probability	NOUN
fbem-32831	175	14	of	of	ADP
fbem-32831	175	15	extreme	extreme	ADJ
fbem-32831	175	16	negative	negative	ADJ
fbem-32831	175	17	returns	return	NOUN
fbem-32831	175	18	occurring	occur	VERB
fbem-32831	175	19	in	in	ADP
fbem-32831	175	20	listed	list	VERB
fbem-32831	175	21	companies	company	NOUN
fbem-32831	175	22	'	'	PART
fbem-32831	175	23	share	share	NOUN
fbem-32831	175	24	prices	price	NOUN
fbem-32831	175	25	.	.	PUNCT
fbem-32831	176	1	the	the	DET
fbem-32831	176	2	core	core	NOUN
fbem-32831	176	3	concept	concept	NOUN
fbem-32831	176	4	underlying	underlie	VERB
fbem-32831	176	5	this	this	DET
fbem-32831	176	6	indicator	indicator	NOUN
fbem-32831	176	7	stems	stem	VERB
fbem-32831	176	8	from	from	ADP
fbem-32831	176	9	the	the	DET
fbem-32831	176	10	sudden	sudden	ADJ
fbem-32831	176	11	,	,	PUNCT
fbem-32831	176	12	concentrated	concentrated	ADJ
fbem-32831	176	13	release	release	NOUN
fbem-32831	176	14	of	of	ADP
fbem-32831	176	15	previously	previously	ADV
fbem-32831	176	16	accumulated	accumulate	VERB
fbem-32831	176	17	‘	'	PUNCT
fbem-32831	176	18	bad	bad	ADJ
fbem-32831	176	19	news	news	NOUN
fbem-32831	176	20	’	'	PUNCT
fbem-32831	176	21	.	.	PUNCT
fbem-32831	177	1	this	this	DET
fbem-32831	177	2	paper	paper	NOUN
fbem-32831	177	3	measures	measure	VERB
fbem-32831	177	4	stock	stock	NOUN
fbem-32831	177	5	price	price	NOUN
fbem-32831	177	6	crash	crash	NOUN
fbem-32831	177	7	risk	risk	NOUN
fbem-32831	177	8	indicators	indicator	NOUN
fbem-32831	177	9	in	in	ADP
fbem-32831	177	10	the	the	DET
fbem-32831	177	11	chinese	chinese	ADJ
fbem-32831	177	12	stock	stock	NOUN
fbem-32831	177	13	market	market	NOUN
fbem-32831	177	14	through	through	ADP
fbem-32831	177	15	the	the	DET
fbem-32831	177	16	following	following	ADJ
fbem-32831	177	17	methods	method	NOUN
fbem-32831	177	18	:	:	PUNCT
fbem-32831	177	19	first	first	ADV
fbem-32831	177	20	,	,	PUNCT
fbem-32831	177	21	using	use	VERB
fbem-32831	177	22	weekly	weekly	ADJ
fbem-32831	177	23	return	return	NOUN
fbem-32831	177	24	data	datum	NOUN
fbem-32831	177	25	for	for	ADP
fbem-32831	177	26	stock	stock	NOUN
fbem-32831	177	27	i	i	PRON
fbem-32831	177	28	,	,	PUNCT
fbem-32831	177	29	calculate	calculate	VERB
fbem-32831	177	30	the	the	DET
fbem-32831	177	31	market	market	NOUN
fbem-32831	177	32	-	-	PUNCT
fbem-32831	177	33	adjusted	adjust	VERB
fbem-32831	177	34	return	return	NOUN
fbem-32831	177	35	for	for	ADP
fbem-32831	177	36	stock	stock	NOUN
fbem-32831	177	37	i	i	PRON
fbem-32831	177	38	:	:	PUNCT
fbem-32831	177	39	ri	ri	PROPN
fbem-32831	177	40	,	,	PUNCT
fbem-32831	177	41	t	t	PROPN
fbem-32831	177	42	=	=	PUNCT
fbem-32831	177	43	α	α	PROPN
fbem-32831	178	1	+	+	CCONJ
fbem-32831	178	2	β1,i	β1,i	PROPN
fbem-32831	178	3	rm	rm	NOUN
fbem-32831	178	4	,	,	PUNCT
fbem-32831	178	5	t−2	t−2	PROPN
fbem-32831	178	6	+	+	CCONJ
fbem-32831	178	7	β2	β2	NOUN
fbem-32831	178	8	,	,	PUNCT
fbem-32831	178	9	i	i	PROPN
fbem-32831	178	10	rm	rm	PROPN
fbem-32831	178	11	,	,	PUNCT
fbem-32831	178	12	t−1	t−1	PROPN
fbem-32831	178	13	+	+	CCONJ
fbem-32831	178	14	β3,i	β3,i	PROPN
fbem-32831	178	15	rm	rm	PROPN
fbem-32831	178	16	,	,	PUNCT
fbem-32831	178	17	t	t	PROPN
fbem-32831	178	18	+	+	CCONJ
fbem-32831	178	19	β4	β4	PROPN
fbem-32831	178	20	,	,	PUNCT
fbem-32831	178	21	i	i	PROPN
fbem-32831	178	22	rm	rm	PROPN
fbem-32831	178	23	,	,	PUNCT
fbem-32831	178	24	t+1	t+1	PROPN
fbem-32831	178	25	+	+	PROPN
fbem-32831	178	26	β5	β5	NOUN
fbem-32831	178	27	,	,	PUNCT
fbem-32831	178	28	i	i	PROPN
fbem-32831	178	29	rm	rm	PROPN
fbem-32831	178	30	,	,	PUNCT
fbem-32831	178	31	t+2	t+2	PROPN
fbem-32831	179	1	+	+	CCONJ
fbem-32831	180	1	εi	εi	VERB
fbem-32831	180	2	,	,	PUNCT
fbem-32831	180	3	t	t	PROPN
fbem-32831	180	4	(	(	PUNCT
fbem-32831	180	5	1	1	NUM
fbem-32831	180	6	)	)	PUNCT
fbem-32831	180	7	where	where	SCONJ
fbem-32831	180	8	,	,	PUNCT
fbem-32831	180	9	ri	ri	PROPN
fbem-32831	180	10	,	,	PUNCT
fbem-32831	180	11	t	t	PROPN
fbem-32831	180	12	represents	represent	VERB
fbem-32831	180	13	the	the	DET
fbem-32831	180	14	return	return	NOUN
fbem-32831	180	15	on	on	ADP
fbem-32831	180	16	stock	stock	NOUN
fbem-32831	180	17	i	i	PRON
fbem-32831	180	18	during	during	ADP
fbem-32831	180	19	week	week	NOUN
fbem-32831	180	20	t	t	PROPN
fbem-32831	180	21	of	of	ADP
fbem-32831	180	22	ea	ea	PROPN
fbem-32831	180	23	ch	ch	PROPN
fbem-32831	180	24	yea	yea	PROPN
fbem-32831	180	25	r	r	PROPN
fbem-32831	180	26	,	,	PUNCT
fbem-32831	180	27	a	a	DET
fbem-32831	180	28	nd	nd	NOUN
fbem-32831	180	29	rm	rm	PROPN
fbem-32831	180	30	,	,	PUNCT
fbem-32831	180	31	t	t	PROPN
fbem-32831	180	32	denotes	denote	VERB
fbem-32831	180	33	the	the	DET
fbem-32831	180	34	ma	ma	PROPN
fbem-32831	180	35	rket	rket	NOUN
fbem-32831	180	36	-	-	PUNCT
fbem-32831	180	37	capitalisa	capitalisa	NOUN
fbem-32831	180	38	tion	tion	NOUN
fbem-32831	180	39	-	-	PUNCT
fbem-32831	180	40	weighted	weight	VERB
fbem-32831	180	41	a	a	DET
fbem-32831	180	42	vera	vera	NOUN
fbem-32831	180	43	ge	ge	PROPN
fbem-32831	180	44	return	return	VERB
fbem-32831	180	45	on	on	ADP
fbem-32831	180	46	a	a	DET
fbem-32831	180	47	ll	ll	NOUN
fbem-32831	180	48	a	a	DET
fbem-32831	180	49	-	-	PUNCT
fbem-32831	180	50	sha	sha	PROPN
fbem-32831	180	51	res	re	NOUN
fbem-32831	180	52	during	during	ADP
fbem-32831	180	53	week	week	NOUN
fbem-32831	180	54	t.	t.	PROPN
fbem-32831	180	55	the	the	DET
fbem-32831	180	56	ma	ma	PROPN
fbem-32831	180	57	rket	rket	NOUN
fbem-32831	180	58	-	-	PUNCT
fbem-32831	180	59	adjusted	adjust	VERB
fbem-32831	180	60	specific	specific	ADJ
fbem-32831	180	61	return	return	NOUN
fbem-32831	180	62	on	on	ADP
fbem-32831	180	63	stock	stock	NOUN
fbem-32831	180	64	i	i	PRON
fbem-32831	180	65	during	during	ADP
fbem-32831	180	66	week	week	NOUN
fbem-32831	180	67	t	t	PROPN
fbem-32831	180	68	is	be	AUX
fbem-32831	180	69	wi	wi	PROPN
fbem-32831	180	70	,	,	PUNCT
fbem-32831	180	71	t	t	PROPN
fbem-32831	180	72	:	:	PUNCT
fbem-32831	180	73	wi	wi	PROPN
fbem-32831	180	74	,	,	PUNCT
fbem-32831	180	75	t	t	PROPN
fbem-32831	181	1	=	=	SYM
fbem-32831	181	2	ln	ln	ADJ
fbem-32831	181	3	(	(	PUNCT
fbem-32831	181	4	1	1	NUM
fbem-32831	181	5	+	+	CCONJ
fbem-32831	181	6	εi	εi	ADJ
fbem-32831	181	7	,	,	PUNCT
fbem-32831	181	8	t	t	NOUN
fbem-32831	181	9	)	)	PUNCT
fbem-32831	181	10	(	(	PUNCT
fbem-32831	181	11	2	2	X
fbem-32831	181	12	)	)	PUNCT
fbem-32831	181	13	secondly	secondly	ADV
fbem-32831	181	14	,	,	PUNCT
fbem-32831	181	15	construct	construct	VERB
fbem-32831	181	16	the	the	DET
fbem-32831	181	17	following	follow	VERB
fbem-32831	181	18	two	two	NUM
fbem-32831	181	19	metrics	metric	NOUN
fbem-32831	181	20	for	for	ADP
fbem-32831	181	21	measuring	measure	VERB
fbem-32831	181	22	stock	stock	NOUN
fbem-32831	181	23	price	price	NOUN
fbem-32831	181	24	crash	crash	NOUN
fbem-32831	181	25	risk	risk	NOUN
fbem-32831	181	26	.	.	PUNCT
fbem-32831	182	1	26	26	NUM
fbem-32831	182	2	the	the	DET
fbem-32831	182	3	first	first	ADJ
fbem-32831	182	4	metric	metric	NOUN
fbem-32831	182	5	for	for	ADP
fbem-32831	182	6	assessing	assess	VERB
fbem-32831	182	7	stock	stock	NOUN
fbem-32831	182	8	price	price	NOUN
fbem-32831	182	9	crash	crash	NOUN
fbem-32831	182	10	risk	risk	NOUN
fbem-32831	182	11	is	be	AUX
fbem-32831	182	12	the	the	DET
fbem-32831	182	13	negative	negative	ADJ
fbem-32831	182	14	skewness	skewness	NOUN
fbem-32831	182	15	of	of	ADP
fbem-32831	182	16	returns	return	NOUN
fbem-32831	182	17	(	(	PUNCT
fbem-32831	182	18	ncskew	ncskew	NOUN
fbem-32831	182	19	)	)	PUNCT
fbem-32831	182	20	,	,	PUNCT
fbem-32831	182	21	defined	define	VERB
fbem-32831	182	22	as	as	ADP
fbem-32831	182	23	the	the	DET
fbem-32831	182	24	negative	negative	ADJ
fbem-32831	182	25	skewness	skewness	NOUN
fbem-32831	182	26	of	of	ADP
fbem-32831	182	27	a	a	DET
fbem-32831	182	28	stock	stock	NOUN
fbem-32831	182	29	's	's	PART
fbem-32831	182	30	weekly	weekly	ADJ
fbem-32831	182	31	returns	return	NOUN
fbem-32831	182	32	after	after	ADP
fbem-32831	182	33	market	market	NOUN
fbem-32831	182	34	adjustment	adjustment	NOUN
fbem-32831	182	35	.	.	PUNCT
fbem-32831	183	1	when	when	SCONJ
fbem-32831	183	2	the	the	DET
fbem-32831	183	3	return	return	NOUN
fbem-32831	183	4	distribution	distribution	NOUN
fbem-32831	183	5	is	be	AUX
fbem-32831	183	6	left	leave	VERB
fbem-32831	183	7	-skewed	-skewed	ADJ
fbem-32831	183	8	,	,	PUNCT
fbem-32831	183	9	ncskew	ncskew	NOUN
fbem-32831	183	10	is	be	AUX
fbem-32831	183	11	negative	negative	ADJ
fbem-32831	183	12	;	;	PUNCT
fbem-32831	183	13	the	the	PRON
fbem-32831	183	14	higher	high	ADJ
fbem-32831	183	15	its	its	PRON
fbem-32831	183	16	absolute	absolute	ADJ
fbem-32831	183	17	value	value	NOUN
fbem-32831	183	18	,	,	PUNCT
fbem-32831	183	19	the	the	PRON
fbem-32831	183	20	greater	great	ADJ
fbem-32831	183	21	the	the	DET
fbem-32831	183	22	crash	crash	NOUN
fbem-32831	183	23	risk	risk	NOUN
fbem-32831	183	24	.	.	PUNCT
fbem-32831	184	1	ncske	ncske	PROPN
fbem-32831	184	2	wi	wi	PROPN
fbem-32831	184	3	,	,	PUNCT
fbem-32831	184	4	t	t	PROPN
fbem-32831	184	5	=	=	PUNCT
fbem-32831	184	6	−	−	PROPN
fbem-32831	184	7	n(n−1)3/2	n(n−1)3/2	PROPN
fbem-32831	184	8	∑	∑	PROPN
fbem-32831	184	9	wi	wi	PROPN
fbem-32831	184	10	,	,	PUNCT
fbem-32831	184	11	t	t	PROPN
fbem-32831	184	12	3	3	NUM
fbem-32831	184	13	(	(	PUNCT
fbem-32831	184	14	n−1)(n−2)(∑	n−1)(n−2)(∑	PROPN
fbem-32831	184	15	wi	wi	PROPN
fbem-32831	184	16	,	,	PUNCT
fbem-32831	184	17	t	t	PROPN
fbem-32831	184	18	2	2	NUM
fbem-32831	184	19	)	)	PUNCT
fbem-32831	184	20	3/2	3/2	NUM
fbem-32831	184	21	(	(	PUNCT
fbem-32831	184	22	3	3	NUM
fbem-32831	184	23	)	)	PUNCT
fbem-32831	184	24	the	the	DET
fbem-32831	184	25	second	second	ADJ
fbem-32831	184	26	metric	metric	NOUN
fbem-32831	184	27	for	for	ADP
fbem-32831	184	28	ga	ga	PROPN
fbem-32831	184	29	uging	uge	VERB
fbem-32831	184	30	the	the	DET
fbem-32831	184	31	risk	risk	NOUN
fbem-32831	184	32	of	of	ADP
fbem-32831	184	33	a	a	DET
fbem-32831	184	34	stock	stock	NOUN
fbem-32831	184	35	price	price	NOUN
fbem-32831	184	36	colla	colla	NOUN
fbem-32831	184	37	pse	pse	NOUN
fbem-32831	184	38	is	be	AUX
fbem-32831	184	39	the	the	DET
fbem-32831	184	40	down	down	NOUN
fbem-32831	184	41	-	-	PUNCT
fbem-32831	184	42	to	to	ADP
fbem-32831	184	43	-	-	PUNCT
fbem-32831	184	44	up	up	ADP
fbem-32831	184	45	volatility	volatility	NOUN
fbem-32831	184	46	(	(	PUNCT
fbem-32831	184	47	duvol	duvol	NOUN
fbem-32831	184	48	)	)	PUNCT
fbem-32831	184	49	.	.	PUNCT
fbem-32831	185	1	this	this	PRON
fbem-32831	185	2	captures	capture	VERB
fbem-32831	185	3	crash	crash	NOUN
fbem-32831	185	4	risk	risk	NOUN
fbem-32831	185	5	by	by	ADP
fbem-32831	185	6	comparing	compare	VERB
fbem-32831	185	7	the	the	DET
fbem-32831	185	8	dispa	dispa	ADJ
fbem-32831	185	9	rity	rity	NOUN
fbem-32831	185	10	in	in	ADP
fbem-32831	185	11	vola	vola	PROPN
fbem-32831	185	12	tility	tility	NOUN
fbem-32831	185	13	between	between	ADP
fbem-32831	185	14	upwa	upwa	PROPN
fbem-32831	185	15	rd	rd	PROPN
fbem-32831	185	16	a	a	DET
fbem-32831	185	17	nd	nd	PROPN
fbem-32831	185	18	downwa	downwa	PROPN
fbem-32831	185	19	rd	rd	PROPN
fbem-32831	185	20	pha	pha	PROPN
fbem-32831	185	21	ses	se	NOUN
fbem-32831	185	22	of	of	ADP
fbem-32831	185	23	sha	sha	PROPN
fbem-32831	185	24	re	re	PROPN
fbem-32831	185	25	price	price	NOUN
fbem-32831	185	26	movements	movement	NOUN
fbem-32831	185	27	.	.	PUNCT
fbem-32831	186	1	a	a	DET
fbem-32831	186	2	higher	high	ADJ
fbem-32831	186	3	duvol	duvol	PROPN
fbem-32831	186	4	va	va	PROPN
fbem-32831	186	5	lue	lue	PROPN
fbem-32831	186	6	indica	indica	PROPN
fbem-32831	186	7	tes	tes	PROPN
fbem-32831	186	8	significa	significa	PROPN
fbem-32831	186	9	ntly	ntly	ADV
fbem-32831	186	10	grea	grea	PROPN
fbem-32831	186	11	ter	ter	PROPN
fbem-32831	186	12	downwa	downwa	PROPN
fbem-32831	186	13	rd	rd	PROPN
fbem-32831	187	1	vola	vola	PROPN
fbem-32831	187	2	tility	tility	PROPN
fbem-32831	187	3	rela	rela	PROPN
fbem-32831	187	4	tive	tive	PROPN
fbem-32831	187	5	to	to	PART
fbem-32831	187	6	upwa	upwa	VERB
fbem-32831	187	7	rd	rd	PROPN
fbem-32831	187	8	vola	vola	PROPN
fbem-32831	187	9	tility	tility	NOUN
fbem-32831	187	10	,	,	PUNCT
fbem-32831	187	11	signa	signa	PROPN
fbem-32831	187	12	lling	lling	PROPN
fbem-32831	187	13	heightened	heighten	VERB
fbem-32831	187	14	cra	cra	PROPN
fbem-32831	187	15	sh	sh	PROPN
fbem-32831	187	16	risk	risk	NOUN
fbem-32831	187	17	.	.	PUNCT
fbem-32831	188	1	duvo	duvo	PROPN
fbem-32831	188	2	li	li	PROPN
fbem-32831	188	3	,	,	PUNCT
fbem-32831	188	4	t	t	PROPN
fbem-32831	188	5	=	=	SYM
fbem-32831	188	6	ln	ln	NOUN
fbem-32831	188	7	(	(	PUNCT
fbem-32831	188	8	(	(	PUNCT
fbem-32831	188	9	nu	nu	NOUN
fbem-32831	188	10	−1	−1	NOUN
fbem-32831	188	11	)	)	PUNCT
fbem-32831	188	12	∑	∑	PROPN
fbem-32831	188	13	wi	wi	PROPN
fbem-32831	188	14	,	,	PUNCT
fbem-32831	188	15	t	t	PROPN
fbem-32831	188	16	2	2	NUM
fbem-32831	188	17	down	down	ADV
fbem-32831	188	18	(	(	PUNCT
fbem-32831	188	19	nd−1	nd−1	PROPN
fbem-32831	188	20	)	)	PUNCT
fbem-32831	188	21	∑	∑	PROPN
fbem-32831	188	22	wi	wi	PROPN
fbem-32831	188	23	,	,	PUNCT
fbem-32831	188	24	t	t	PROPN
fbem-32831	188	25	2	2	NUM
fbem-32831	188	26	up	up	ADV
fbem-32831	188	27	)	)	PUNCT
fbem-32831	188	28	(	(	PUNCT
fbem-32831	188	29	4	4	X
fbem-32831	188	30	)	)	PUNCT
fbem-32831	188	31	where	where	SCONJ
fbem-32831	188	32	nu	nu	INTJ
fbem-32831	188	33	a	a	PRON
fbem-32831	188	34	nd	nd	INTJ
fbem-32831	188	35	nd	nd	NOUN
fbem-32831	188	36	denote	denote	NOUN
fbem-32831	188	37	the	the	DET
fbem-32831	188	38	number	number	NOUN
fbem-32831	188	39	of	of	ADP
fbem-32831	188	40	weeks	week	NOUN
fbem-32831	188	41	for	for	ADP
fbem-32831	188	42	which	which	PRON
fbem-32831	188	43	stock	stock	NOUN
fbem-32831	188	44	i	i	PRON
fbem-32831	188	45	's	's	PART
fbem-32831	188	46	weekly	weekly	ADJ
fbem-32831	188	47	returns	return	NOUN
fbem-32831	188	48	exceed	exceed	VERB
fbem-32831	188	49	or	or	CCONJ
fbem-32831	188	50	fa	fa	INTJ
fbem-32831	188	51	ll	ll	NOUN
fbem-32831	188	52	below	below	ADP
fbem-32831	188	53	the	the	DET
fbem-32831	188	54	a	a	DET
fbem-32831	188	55	nnual	nnual	NOUN
fbem-32831	188	56	a	a	DET
fbem-32831	188	57	vera	vera	NOUN
fbem-32831	188	58	ge	ge	NOUN
fbem-32831	188	59	,	,	PUNCT
fbem-32831	188	60	i.e.	i.e.	X
fbem-32831	188	61	weeks	week	NOUN
fbem-32831	188	62	of	of	ADP
fbem-32831	188	63	upwa	upwa	PROPN
fbem-32831	188	64	rd	rd	PROPN
fbem-32831	188	65	movement	movement	PROPN
fbem-32831	188	66	a	a	DET
fbem-32831	188	67	nd	nd	NOUN
fbem-32831	188	68	weeks	week	NOUN
fbem-32831	188	69	of	of	ADP
fbem-32831	188	70	downwa	downwa	PROPN
fbem-32831	188	71	rd	rd	PROPN
fbem-32831	188	72	movement	movement	NOUN
fbem-32831	188	73	.	.	PUNCT
fbem-32831	189	1	additiona	additiona	PROPN
fbem-32831	189	2	lly	lly	PROPN
fbem-32831	189	3	,	,	PUNCT
fbem-32831	189	4	the	the	DET
fbem-32831	189	5	stock	stock	NOUN
fbem-32831	189	6	price	price	NOUN
fbem-32831	189	7	cra	cra	PROPN
fbem-32831	189	8	sh	sh	PROPN
fbem-32831	189	9	proba	proba	PROPN
fbem-32831	189	10	bility	bility	NOUN
fbem-32831	189	11	(	(	PUNCT
fbem-32831	189	12	crash	crash	NOUN
fbem-32831	189	13	)	)	PUNCT
fbem-32831	189	14	indica	indica	ADJ
fbem-32831	189	15	tor	tor	NOUN
fbem-32831	189	16	employs	employ	VERB
fbem-32831	189	17	the	the	DET
fbem-32831	189	18	dummy	dummy	ADJ
fbem-32831	189	19	va	va	PROPN
fbem-32831	189	20	ria	ria	PROPN
fbem-32831	189	21	ble	ble	PROPN
fbem-32831	189	22	method	method	NOUN
fbem-32831	189	23	to	to	PART
fbem-32831	189	24	determine	determine	VERB
fbem-32831	189	25	whether	whether	SCONJ
fbem-32831	189	26	a	a	DET
fbem-32831	189	27	n	n	CCONJ
fbem-32831	189	28	individua	individua	PROPN
fbem-32831	189	29	l	l	NOUN
fbem-32831	189	30	stock	stock	PROPN
fbem-32831	189	31	experienced	experience	VERB
fbem-32831	189	32	extreme	extreme	ADJ
fbem-32831	189	33	nega	nega	PROPN
fbem-32831	189	34	tive	tive	PROPN
fbem-32831	189	35	returns	return	NOUN
fbem-32831	189	36	during	during	ADP
fbem-32831	189	37	a	a	DET
fbem-32831	189	38	specific	specific	ADJ
fbem-32831	189	39	period	period	NOUN
fbem-32831	189	40	.	.	PUNCT
fbem-32831	190	1	a	a	DET
fbem-32831	190	2	crash	crash	NOUN
fbem-32831	190	3	va	va	NOUN
fbem-32831	190	4	lue	lue	NOUN
fbem-32831	190	5	of	of	ADP
fbem-32831	190	6	1	1	NUM
fbem-32831	190	7	indica	indica	NOUN
fbem-32831	190	8	tes	tes	NOUN
fbem-32831	191	1	tha	tha	NOUN
fbem-32831	191	2	t	t	PROPN
fbem-32831	191	3	the	the	DET
fbem-32831	191	4	stock	stock	NOUN
fbem-32831	191	5	experienced	experience	VERB
fbem-32831	191	6	at	at	ADP
fbem-32831	191	7	least	least	ADV
fbem-32831	191	8	one	one	NUM
fbem-32831	191	9	crash	crash	NOUN
fbem-32831	191	10	event	event	NOUN
fbem-32831	191	11	during	during	ADP
fbem-32831	191	12	that	that	DET
fbem-32831	191	13	year	year	NOUN
fbem-32831	191	14	;	;	PUNCT
fbem-32831	191	15	conversely	conversely	ADV
fbem-32831	191	16	,	,	PUNCT
fbem-32831	191	17	a	a	DET
fbem-32831	191	18	crash	crash	NOUN
fbem-32831	191	19	value	value	NOUN
fbem-32831	191	20	of	of	ADP
fbem-32831	191	21	0	0	NUM
fbem-32831	191	22	signifies	signifie	NOUN
fbem-32831	191	23	that	that	SCONJ
fbem-32831	191	24	no	no	DET
fbem-32831	191	25	crash	crash	NOUN
fbem-32831	191	26	event	event	NOUN
fbem-32831	191	27	occurred	occur	VERB
fbem-32831	191	28	.	.	PUNCT
fbem-32831	192	1	cras	cras	PROPN
fbem-32831	192	2	hi	hi	PROPN
fbem-32831	192	3	,	,	PUNCT
fbem-32831	192	4	t	t	PROPN
fbem-32831	192	5	=	=	PUNCT
fbem-32831	192	6	{	{	PUNCT
fbem-32831	192	7	1	1	NUM
fbem-32831	192	8	,	,	PUNCT
fbem-32831	192	9	if	if	SCONJ
fbem-32831	192	10	r	r	NOUN
fbem-32831	192	11	i	i	PROPN
fbem-32831	192	12	,	,	PUNCT
fbem-32831	192	13	t	t	PROPN
fbem-32831	192	14	<	<	X
fbem-32831	192	15	μi	μi	PROPN
fbem-32831	192	16	,	,	PUNCT
fbem-32831	192	17	t	t	PROPN
fbem-32831	192	18	−	−	PROPN
fbem-32831	192	19	3.09σi	3.09σi	NUM
fbem-32831	192	20	,	,	PUNCT
fbem-32831	192	21	t	t	PROPN
fbem-32831	192	22	0	0	NUM
fbem-32831	192	23	,	,	PUNCT
fbem-32831	192	24	otherwise	otherwise	ADV
fbem-32831	192	25	(	(	PUNCT
fbem-32831	192	26	5	5	NUM
fbem-32831	192	27	)	)	PUNCT
fbem-32831	192	28	4.1.3	4.1.3	NUM
fbem-32831	192	29	.	.	PUNCT
fbem-32831	192	30	supply	supply	NOUN
fbem-32831	192	31	chain	chain	NOUN
fbem-32831	192	32	resilience	resilience	NOUN
fbem-32831	192	33	this	this	DET
fbem-32831	192	34	paper	paper	NOUN
fbem-32831	192	35	defines	define	VERB
fbem-32831	192	36	supply	supply	NOUN
fbem-32831	192	37	chain	chain	NOUN
fbem-32831	192	38	resilience	resilience	NOUN
fbem-32831	192	39	as	as	ADP
fbem-32831	192	40	the	the	DET
fbem-32831	192	41	capacity	capacity	NOUN
fbem-32831	192	42	of	of	ADP
fbem-32831	192	43	an	an	DET
fbem-32831	192	44	enterprise	enterprise	NOUN
fbem-32831	192	45	's	's	PART
fbem-32831	192	46	supply	supply	NOUN
fbem-32831	192	47	chain	chain	NOUN
fbem-32831	192	48	network	network	NOUN
fbem-32831	192	49	to	to	PART
fbem-32831	192	50	withstand	withstand	VERB
fbem-32831	192	51	,	,	PUNCT
fbem-32831	192	52	adapt	adapt	VERB
fbem-32831	192	53	to	to	ADP
fbem-32831	192	54	,	,	PUNCT
fbem-32831	192	55	and	and	CCONJ
fbem-32831	192	56	rapidly	rapidly	ADV
fbem-32831	192	57	resume	resume	VERB
fbem-32831	192	58	operations	operation	NOUN
fbem-32831	192	59	when	when	SCONJ
fbem-32831	192	60	confronting	confront	VERB
fbem-32831	192	61	external	external	ADJ
fbem-32831	192	62	shocks	shock	NOUN
fbem-32831	192	63	such	such	ADJ
fbem-32831	192	64	as	as	ADP
fbem-32831	192	65	climate	climate	NOUN
fbem-32831	192	66	risks	risk	NOUN
fbem-32831	192	67	.	.	PUNCT
fbem-32831	193	1	this	this	DET
fbem-32831	193	2	resilience	resilience	NOUN
fbem-32831	193	3	manifests	manifest	VERB
fbem-32831	193	4	through	through	ADP
fbem-32831	193	5	deep	deep	ADJ
fbem-32831	193	6	binding	bind	VERB
fbem-32831	193	7	relationships	relationship	NOUN
fbem-32831	193	8	between	between	ADP
fbem-32831	193	9	core	core	NOUN
fbem-32831	193	10	partners	partner	NOUN
fbem-32831	193	11	and	and	CCONJ
fbem-32831	193	12	is	be	AUX
fbem-32831	193	13	specifically	specifically	ADV
fbem-32831	193	14	reflected	reflect	VERB
fbem-32831	193	15	in	in	ADP
fbem-32831	193	16	the	the	DET
fbem-32831	193	17	following	follow	VERB
fbem-32831	193	18	three	three	NUM
fbem-32831	193	19	dimensions	dimension	NOUN
fbem-32831	193	20	:	:	PUNCT
fbem-32831	193	21	firstly	firstly	ADV
fbem-32831	193	22	,	,	PUNCT
fbem-32831	193	23	structural	structural	ADJ
fbem-32831	193	24	stability	stability	NOUN
fbem-32831	193	25	:	:	PUNCT
fbem-32831	193	26	equity	equity	NOUN
fbem-32831	193	27	ties	tie	NOUN
fbem-32831	193	28	and	and	CCONJ
fbem-32831	193	29	long	long	ADJ
fbem-32831	193	30	-term	-term	NOUN
fbem-32831	193	31	contracts	contract	NOUN
fbem-32831	193	32	with	with	ADP
fbem-32831	193	33	core	core	NOUN
fbem-32831	193	34	suppliers	supplier	NOUN
fbem-32831	193	35	foster	foster	VERB
fbem-32831	193	36	specialised	specialised	ADJ
fbem-32831	193	37	investments	investment	NOUN
fbem-32831	193	38	in	in	ADP
fbem-32831	193	39	equipment	equipment	NOUN
fbem-32831	193	40	,	,	PUNCT
fbem-32831	193	41	technology	technology	NOUN
fbem-32831	193	42	,	,	PUNCT
fbem-32831	193	43	processes	process	NOUN
fbem-32831	193	44	,	,	PUNCT
fbem-32831	193	45	and	and	CCONJ
fbem-32831	193	46	personnel	personnel	NOUN
fbem-32831	193	47	,	,	PUNCT
fbem-32831	193	48	such	such	ADJ
fbem-32831	193	49	as	as	ADP
fbem-32831	193	50	joint	joint	ADJ
fbem-32831	193	51	innovation	innovation	NOUN
fbem-32831	193	52	r&d	r&d	NOUN
fbem-32831	193	53	and	and	CCONJ
fbem-32831	193	54	dedicated	dedicated	ADJ
fbem-32831	193	55	production	production	NOUN
fbem-32831	193	56	lines	line	NOUN
fbem-32831	193	57	.	.	PUNCT
fbem-32831	194	1	this	this	PRON
fbem-32831	194	2	enhances	enhance	VERB
fbem-32831	194	3	mutual	mutual	ADJ
fbem-32831	194	4	dependency	dependency	NOUN
fbem-32831	194	5	and	and	CCONJ
fbem-32831	194	6	lock	lock	NOUN
fbem-32831	194	7	-	-	PUNCT
fbem-32831	194	8	in	in	ADP
fbem-32831	194	9	effects	effect	NOUN
fbem-32831	194	10	,	,	PUNCT
fbem-32831	194	11	forming	form	VERB
fbem-32831	194	12	a	a	DET
fbem-32831	194	13	robust	robust	ADJ
fbem-32831	194	14	community	community	NOUN
fbem-32831	194	15	of	of	ADP
fbem-32831	194	16	shared	share	VERB
fbem-32831	194	17	interests	interest	NOUN
fbem-32831	194	18	between	between	ADP
fbem-32831	194	19	the	the	DET
fbem-32831	194	20	enterprise	enterprise	NOUN
fbem-32831	194	21	and	and	CCONJ
fbem-32831	194	22	its	its	PRON
fbem-32831	194	23	core	core	NOUN
fbem-32831	194	24	suppliers	supplier	NOUN
fbem-32831	194	25	.	.	PUNCT
fbem-32831	195	1	when	when	SCONJ
fbem-32831	195	2	adverse	adverse	ADJ
fbem-32831	195	3	shocks	shock	NOUN
fbem-32831	195	4	occur	occur	VERB
fbem-32831	195	5	,	,	PUNCT
fbem-32831	195	6	both	both	DET
fbem-32831	195	7	parties	party	NOUN
fbem-32831	195	8	possess	possess	VERB
fbem-32831	195	9	strong	strong	ADJ
fbem-32831	195	10	incentives	incentive	NOUN
fbem-32831	195	11	to	to	PART
fbem-32831	195	12	maintain	maintain	VERB
fbem-32831	195	13	cooperation	cooperation	NOUN
fbem-32831	195	14	and	and	CCONJ
fbem-32831	195	15	weather	weather	VERB
fbem-32831	195	16	the	the	DET
fbem-32831	195	17	storm	storm	NOUN
fbem-32831	195	18	together	together	ADV
fbem-32831	195	19	,	,	PUNCT
fbem-32831	195	20	thereby	thereby	ADV
fbem-32831	195	21	enhancing	enhance	VERB
fbem-32831	195	22	supply	supply	NOUN
fbem-32831	195	23	chain	chain	NOUN
fbem-32831	195	24	stability	stability	NOUN
fbem-32831	195	25	and	and	CCONJ
fbem-32831	195	26	resilience	resilience	NOUN
fbem-32831	195	27	.	.	PUNCT
fbem-32831	196	1	secondly	secondly	ADV
fbem-32831	196	2	,	,	PUNCT
fbem-32831	196	3	operational	operational	ADJ
fbem-32831	196	4	synergy	synergy	NOUN
fbem-32831	196	5	.	.	PUNCT
fbem-32831	197	1	grounded	ground	VERB
fbem-32831	197	2	in	in	ADP
fbem-32831	197	3	long	long	ADJ
fbem-32831	197	4	-	-	PUNCT
fbem-32831	197	5	term	term	NOUN
fbem-32831	197	6	trust	trust	NOUN
fbem-32831	197	7	and	and	CCONJ
fbem-32831	197	8	established	establish	VERB
fbem-32831	197	9	cooperation	cooperation	NOUN
fbem-32831	197	10	practices	practice	NOUN
fbem-32831	197	11	,	,	PUNCT
fbem-32831	197	12	enterprises	enterprise	NOUN
fbem-32831	197	13	and	and	CCONJ
fbem-32831	197	14	their	their	PRON
fbem-32831	197	15	core	core	NOUN
fbem-32831	197	16	suppliers	supplier	NOUN
fbem-32831	197	17	can	can	AUX
fbem-32831	197	18	swiftly	swiftly	ADV
fbem-32831	197	19	activate	activate	VERB
fbem-32831	197	20	emergency	emergency	NOUN
fbem-32831	197	21	response	response	NOUN
fbem-32831	197	22	mechanisms	mechanism	NOUN
fbem-32831	197	23	following	follow	VERB
fbem-32831	197	24	climate	climate	NOUN
fbem-32831	197	25	events	event	NOUN
fbem-32831	197	26	.	.	PUNCT
fbem-32831	198	1	this	this	PRON
fbem-32831	198	2	enables	enable	VERB
fbem-32831	198	3	flexible	flexible	ADJ
fbem-32831	198	4	resource	resource	NOUN
fbem-32831	198	5	allocation	allocation	NOUN
fbem-32831	198	6	,	,	PUNCT
fbem-32831	198	7	p	p	NOUN
fbem-32831	198	8	rioritising	rioritise	VERB
fbem-32831	198	9	the	the	DET
fbem-32831	198	10	supply	supply	NOUN
fbem-32831	198	11	of	of	ADP
fbem-32831	198	12	critical	critical	ADJ
fbem-32831	198	13	materials	material	NOUN
fbem-32831	198	14	to	to	PART
fbem-32831	198	15	achieve	achieve	VERB
fbem-32831	198	16	the	the	DET
fbem-32831	198	17	fastest	fast	ADJ
fbem-32831	198	18	possible	possible	ADJ
fbem-32831	198	19	production	production	NOUN
fbem-32831	198	20	recovery	recovery	NOUN
fbem-32831	198	21	.	.	PUNCT
fbem-32831	199	1	consequently	consequently	ADV
fbem-32831	199	2	,	,	PUNCT
fbem-32831	199	3	transaction	transaction	NOUN
fbem-32831	199	4	costs	cost	NOUN
fbem-32831	199	5	are	be	AUX
fbem-32831	199	6	significantly	significantly	ADV
fbem-32831	199	7	reduced	reduce	VERB
fbem-32831	199	8	,	,	PUNCT
fbem-32831	199	9	strengthening	strengthen	VERB
fbem-32831	199	10	the	the	DET
fbem-32831	199	11	supply	supply	NOUN
fbem-32831	199	12	chain	chain	NOUN
fbem-32831	199	13	's	's	PART
fbem-32831	199	14	adaptability	adaptability	NOUN
fbem-32831	199	15	and	and	CCONJ
fbem-32831	199	16	resilience	resilience	NOUN
fbem-32831	199	17	.	.	PUNCT
fbem-32831	200	1	thirdly	thirdly	ADV
fbem-32831	200	2	,	,	PUNCT
fbem-32831	200	3	information	information	NOUN
fbem-32831	200	4	transparency	transparency	NOUN
fbem-32831	200	5	.	.	PUNCT
fbem-32831	201	1	enterprises	enterprise	NOUN
fbem-32831	201	2	typically	typically	ADV
fbem-32831	201	3	establish	establish	VERB
fbem-32831	201	4	efficient	efficient	ADJ
fbem-32831	201	5	information	information	NOUN
fbem-32831	201	6	-sharing	-share	VERB
fbem-32831	201	7	mechanisms	mechanism	NOUN
fbem-32831	201	8	and	and	CCONJ
fbem-32831	201	9	joint	joint	ADJ
fbem-32831	201	10	decision	decision	NOUN
fbem-32831	201	11	-	-	PUNCT
fbem-32831	201	12	making	make	VERB
fbem-32831	201	13	processes	process	NOUN
fbem-32831	201	14	with	with	ADP
fbem-32831	201	15	core	core	NOUN
fbem-32831	201	16	suppliers	supplier	NOUN
fbem-32831	201	17	.	.	PUNCT
fbem-32831	202	1	this	this	PRON
fbem-32831	202	2	ensures	ensure	VERB
fbem-32831	202	3	timely	timely	ADJ
fbem-32831	202	4	and	and	CCONJ
fbem-32831	202	5	accurate	accurate	ADJ
fbem-32831	202	6	flow	flow	NOUN
fbem-32831	202	7	of	of	ADP
fbem-32831	202	8	information	information	NOUN
fbem-32831	202	9	regarding	regard	VERB
fbem-32831	202	10	potential	potential	ADJ
fbem-32831	202	11	risks	risk	NOUN
fbem-32831	202	12	,	,	PUNCT
fbem-32831	202	13	operational	operational	ADJ
fbem-32831	202	14	status	status	NOUN
fbem-32831	202	15	,	,	PUNCT
fbem-32831	202	16	and	and	CCONJ
fbem-32831	202	17	recovery	recovery	NOUN
fbem-32831	202	18	progress	progress	NOUN
fbem-32831	202	19	throughout	throughout	ADP
fbem-32831	202	20	the	the	DET
fbem-32831	202	21	chain	chain	NOUN
fbem-32831	202	22	,	,	PUNCT
fbem-32831	202	23	facilitating	facilitate	VERB
fbem-32831	202	24	seamless	seamless	ADJ
fbem-32831	202	25	information	information	NOUN
fbem-32831	202	26	integration	integration	NOUN
fbem-32831	202	27	.	.	PUNCT
fbem-32831	203	1	this	this	PRON
fbem-32831	203	2	enables	enable	VERB
fbem-32831	203	3	management	management	NOUN
fbem-32831	203	4	to	to	PART
fbem-32831	203	5	accurately	accurately	ADV
fbem-32831	203	6	assess	assess	VERB
fbem-32831	203	7	impacts	impact	NOUN
fbem-32831	203	8	and	and	CCONJ
fbem-32831	203	9	formulate	formulate	ADJ
fbem-32831	203	10	countermeasures	countermeasure	NOUN
fbem-32831	203	11	,	,	PUNCT
fbem-32831	203	12	thereby	thereby	ADV
fbem-32831	203	13	reducing	reduce	VERB
fbem-32831	203	14	decision	decision	NOUN
fbem-32831	203	15	delays	delay	NOUN
fbem-32831	203	16	and	and	CCONJ
fbem-32831	203	17	the	the	DET
fbem-32831	203	18	accumulation	accumulation	NOUN
fbem-32831	203	19	of	of	ADP
fbem-32831	203	20	bad	bad	ADJ
fbem-32831	203	21	news	news	NOUN
fbem-32831	203	22	caused	cause	VERB
fbem-32831	203	23	by	by	ADP
fbem-32831	203	24	information	information	NOUN
fbem-32831	203	25	asymmetry	asymmetry	NOUN
fbem-32831	203	26	.	.	PUNCT
fbem-32831	204	1	accordingly	accordingly	ADV
fbem-32831	204	2	,	,	PUNCT
fbem-32831	204	3	this	this	DET
fbem-32831	204	4	paper	paper	NOUN
fbem-32831	204	5	employs	employ	VERB
fbem-32831	204	6	the	the	DET
fbem-32831	204	7	proportion	proportion	NOUN
fbem-32831	204	8	of	of	ADP
fbem-32831	204	9	annual	annual	ADJ
fbem-32831	204	10	procurement	procurement	NOUN
fbem-32831	204	11	expenditure	expenditure	NOUN
fbem-32831	204	12	allocated	allocate	VERB
fbem-32831	204	13	to	to	ADP
fbem-32831	204	14	the	the	DET
fbem-32831	204	15	top	top	ADJ
fbem-32831	204	16	five	five	NUM
fbem-32831	204	17	suppliers	supplier	NOUN
fbem-32831	204	18	as	as	ADP
fbem-32831	204	19	a	a	DET
fbem-32831	204	20	measure	measure	NOUN
fbem-32831	204	21	of	of	ADP
fbem-32831	204	22	supply	supply	NOUN
fbem-32831	204	23	chain	chain	NOUN
fbem-32831	204	24	concentration	concentration	NOUN
fbem-32831	204	25	,	,	PUNCT
fbem-32831	204	26	serving	serve	VERB
fbem-32831	204	27	as	as	ADP
fbem-32831	204	28	a	a	DET
fbem-32831	204	29	proxy	proxy	NOUN
fbem-32831	204	30	for	for	ADP
fbem-32831	204	31	supply	supply	NOUN
fbem-32831	204	32	chain	chain	NOUN
fbem-32831	204	33	resilience	resilience	NOUN
fbem-32831	204	34	.	.	PUNCT
fbem-32831	205	1	when	when	SCONJ
fbem-32831	205	2	confronting	confront	VERB
fbem-32831	205	3	external	external	ADJ
fbem-32831	205	4	systemic	systemic	ADJ
fbem-32831	205	5	shocks	shock	NOUN
fbem-32831	205	6	,	,	PUNCT
fbem-32831	205	7	a	a	DET
fbem-32831	205	8	highly	highly	ADV
fbem-32831	205	9	concentrated	concentrated	ADJ
fbem-32831	205	10	supply	supply	NOUN
fbem-32831	205	11	chain	chain	NOUN
fbem-32831	205	12	built	build	VERB
fbem-32831	205	13	upon	upon	SCONJ
fbem-32831	205	14	deep	deep	ADJ
fbem-32831	205	15	collaboration	collaboration	NOUN
fbem-32831	205	16	typically	typically	ADV
fbem-32831	205	17	demonstrates	demonstrate	VERB
fbem-32831	205	18	superior	superior	ADJ
fbem-32831	205	19	stability	stability	NOUN
fbem-32831	205	20	,	,	PUNCT
fbem-32831	205	21	coordination	coordination	NOUN
fbem-32831	205	22	,	,	PUNCT
fbem-32831	205	23	and	and	CCONJ
fbem-32831	205	24	information	information	NOUN
fbem-32831	205	25	transparency	transparency	NOUN
fbem-32831	205	26	compared	compare	VERB
fbem-32831	205	27	to	to	ADP
fbem-32831	205	28	a	a	DET
fbem-32831	205	29	loosely	loosely	ADV
fbem-32831	205	30	integrated	integrate	VERB
fbem-32831	205	31	,	,	PUNCT
fbem-32831	205	32	low	low	ADJ
fbem-32831	205	33	-	-	PUNCT
fbem-32831	205	34	concentration	concentration	NOUN
fbem-32831	205	35	transactional	transactional	ADJ
fbem-32831	205	36	supply	supply	NOUN
fbem-32831	205	37	chain	chain	NOUN
fbem-32831	205	38	.	.	PUNCT
fbem-32831	206	1	consequently	consequently	ADV
fbem-32831	206	2	,	,	PUNCT
fbem-32831	206	3	elevated	elevated	ADJ
fbem-32831	206	4	suppli	suppli	NOUN
fbem-32831	206	5	er	er	INTJ
fbem-32831	206	6	concentration	concentration	NOUN
fbem-32831	206	7	signifies	signify	VERB
fbem-32831	206	8	stronger	strong	ADJ
fbem-32831	206	9	supply	supply	NOUN
fbem-32831	206	10	chain	chain	NOUN
fbem-32831	206	11	resilience	resilience	NOUN
fbem-32831	206	12	for	for	ADP
fbem-32831	206	13	enterprises	enterprise	NOUN
fbem-32831	206	14	.	.	PUNCT
fbem-32831	207	1	the	the	DET
fbem-32831	207	2	definitions	definition	NOUN
fbem-32831	207	3	of	of	ADP
fbem-32831	207	4	the	the	DET
fbem-32831	207	5	main	main	ADJ
fbem-32831	207	6	variables	variable	NOUN
fbem-32831	207	7	in	in	ADP
fbem-32831	207	8	this	this	DET
fbem-32831	207	9	article	article	NOUN
fbem-32831	207	10	are	be	AUX
fbem-32831	207	11	shown	show	VERB
fbem-32831	207	12	in	in	ADP
fbem-32831	207	13	table	table	NOUN
fbem-32831	207	14	4	4	NUM
fbem-32831	207	15	-	-	SYM
fbem-32831	207	16	1	1	NUM
fbem-32831	207	17	:	:	PUNCT
fbem-32831	207	18	table	table	NOUN
fbem-32831	207	19	4	4	NUM
fbem-32831	207	20	-	-	SYM
fbem-32831	207	21	1	1	NUM
fbem-32831	207	22	.	.	PUNCT
fbem-32831	208	1	variable	variable	ADJ
fbem-32831	208	2	definitions	definition	NOUN
fbem-32831	208	3	type	type	VERB
fbem-32831	208	4	variable	variable	ADJ
fbem-32831	208	5	definition	definition	NOUN
fbem-32831	208	6	explanatory	explanatory	ADJ
fbem-32831	208	7	variable	variable	ADJ
fbem-32831	208	8	clrisk	clrisk	NOUN
fbem-32831	208	9	total	total	ADJ
fbem-32831	208	10	frequency	frequency	NOUN
fbem-32831	208	11	of	of	ADP
fbem-32831	208	12	climate	climate	NOUN
fbem-32831	208	13	risk	risk	NOUN
fbem-32831	208	14	expansion	expansion	NOUN
fbem-32831	208	15	terms	term	NOUN
fbem-32831	208	16	in	in	ADP
fbem-32831	208	17	corporate	corporate	ADJ
fbem-32831	208	18	annual	annual	ADJ
fbem-32831	208	19	reports	report	NOUN
fbem-32831	208	20	,	,	PUNCT
fbem-32831	208	21	processed	process	VERB
fbem-32831	208	22	with	with	ADP
fbem-32831	208	23	oneperiod	oneperiod	NOUN
fbem-32831	208	24	lag	lag	NOUN
fbem-32831	208	25	.	.	PUNCT
fbem-32831	209	1	explained	explain	VERB
fbem-32831	209	2	variable	variable	ADJ
fbem-32831	209	3	ncskew	ncskew	NOUN
fbem-32831	209	4	the	the	DET
fbem-32831	209	5	negative	negative	ADJ
fbem-32831	209	6	skewness	skewness	NOUN
fbem-32831	209	7	coefficient	coefficient	NOUN
fbem-32831	209	8	of	of	ADP
fbem-32831	209	9	weekly	weekly	ADJ
fbem-32831	209	10	returns	return	NOUN
fbem-32831	209	11	adjusted	adjust	VERB
fbem-32831	209	12	by	by	ADP
fbem-32831	209	13	market	market	NOUN
fbem-32831	209	14	models	model	NOUN
fbem-32831	209	15	within	within	ADP
fbem-32831	209	16	the	the	DET
fbem-32831	209	17	corporate	corporate	ADJ
fbem-32831	209	18	year	year	NOUN
fbem-32831	209	19	.	.	PUNCT
fbem-32831	210	1	duvol	duvol	VERB
fbem-32831	210	2	the	the	DET
fbem-32831	210	3	natural	natural	ADJ
fbem-32831	210	4	logarithm	logarithm	NOUN
fbem-32831	210	5	of	of	ADP
fbem-32831	210	6	the	the	DET
fbem-32831	210	7	ratio	ratio	NOUN
fbem-32831	210	8	between	between	ADP
fbem-32831	210	9	the	the	DET
fbem-32831	210	10	standard	standard	ADJ
fbem-32831	210	11	deviation	deviation	NOUN
fbem-32831	210	12	of	of	ADP
fbem-32831	210	13	weekly	weekly	ADJ
fbem-32831	210	14	returns	return	NOUN
fbem-32831	210	15	below	below	ADP
fbem-32831	210	16	the	the	DET
fbem-32831	210	17	mean	mean	NOUN
fbem-32831	210	18	and	and	CCONJ
fbem-32831	210	19	the	the	DET
fbem-32831	210	20	standard	standard	ADJ
fbem-32831	210	21	deviation	deviation	NOUN
fbem-32831	210	22	above	above	ADP
fbem-32831	210	23	the	the	DET
fbem-32831	210	24	mean	mean	NOUN
fbem-32831	210	25	within	within	ADP
fbem-32831	210	26	the	the	DET
fbem-32831	210	27	corporate	corporate	ADJ
fbem-32831	210	28	year	year	NOUN
fbem-32831	210	29	.	.	PUNCT
fbem-32831	211	1	mediating	mediate	VERB
fbem-32831	211	2	variable	variable	ADJ
fbem-32831	211	3	supplier_ratio	supplier_ratio	NOUN
fbem-32831	211	4	supply	supply	NOUN
fbem-32831	211	5	chain	chain	NOUN
fbem-32831	211	6	concentration	concentration	NOUN
fbem-32831	211	7	,	,	PUNCT
fbem-32831	211	8	measured	measure	VERB
fbem-32831	211	9	as	as	ADP
fbem-32831	211	10	the	the	DET
fbem-32831	211	11	proportion	proportion	NOUN
fbem-32831	211	12	of	of	ADP
fbem-32831	211	13	annual	annual	ADJ
fbem-32831	211	14	procurement	procurement	NOUN
fbem-32831	211	15	expenditure	expenditure	NOUN
fbem-32831	211	16	allocated	allocate	VERB
fbem-32831	211	17	to	to	ADP
fbem-32831	211	18	upstream	upstream	ADJ
fbem-32831	211	19	suppliers	supplier	NOUN
fbem-32831	211	20	.	.	PUNCT
fbem-32831	212	1	moderating	moderate	VERB
fbem-32831	212	2	variable	variable	ADJ
fbem-32831	212	3	lnanaattention	lnanaattention	NOUN
fbem-32831	212	4	the	the	DET
fbem-32831	212	5	natural	natural	ADJ
fbem-32831	212	6	logarithm	logarithm	NOUN
fbem-32831	212	7	of	of	ADP
fbem-32831	212	8	the	the	DET
fbem-32831	212	9	number	number	NOUN
fbem-32831	212	10	of	of	ADP
fbem-32831	212	11	securities	security	NOUN
fbem-32831	212	12	analysts	analyst	NOUN
fbem-32831	212	13	covering	cover	VERB
fbem-32831	212	14	the	the	DET
fbem-32831	212	15	same	same	ADJ
fbem-32831	212	16	company	company	NOUN
fbem-32831	212	17	,	,	PUNCT
fbem-32831	212	18	incremented	incremente	VERB
fbem-32831	212	19	by	by	ADP
fbem-32831	212	20	one	one	NUM
fbem-32831	212	21	.	.	PUNCT
fbem-32831	213	1	control	control	NOUN
fbem-32831	213	2	variables	variable	NOUN
fbem-32831	213	3	lag	lag	VERB
fbem-32831	213	4	roa	roa	PROPN
fbem-32831	213	5	one	one	NUM
fbem-32831	213	6	-	-	PUNCT
fbem-32831	213	7	period	period	NOUN
fbem-32831	213	8	lagged	lag	VERB
fbem-32831	213	9	return	return	NOUN
fbem-32831	213	10	on	on	ADP
fbem-32831	213	11	total	total	ADJ
fbem-32831	213	12	assets	asset	NOUN
fbem-32831	213	13	,	,	PUNCT
fbem-32831	213	14	gauging	gauge	VERB
fbem-32831	213	15	asset	asset	NOUN
fbem-32831	213	16	utilisation	utilisation	NOUN
fbem-32831	213	17	efficiency	efficiency	NOUN
fbem-32831	213	18	and	and	CCONJ
fbem-32831	213	19	profitability	profitability	NOUN
fbem-32831	213	20	.	.	PUNCT
fbem-32831	214	1	lag	lag	VERB
fbem-32831	214	2	growth	growth	NOUN
fbem-32831	214	3	one	one	NUM
fbem-32831	214	4	-	-	PUNCT
fbem-32831	214	5	period	period	NOUN
fbem-32831	214	6	lagged	lag	VERB
fbem-32831	214	7	revenue	revenue	NOUN
fbem-32831	214	8	growth	growth	NOUN
fbem-32831	214	9	rate	rate	NOUN
fbem-32831	214	10	,	,	PUNCT
fbem-32831	214	11	reflecting	reflect	VERB
fbem-32831	214	12	corporate	corporate	ADJ
fbem-32831	214	13	growth	growth	NOUN
fbem-32831	214	14	trajectory	trajectory	NOUN
fbem-32831	214	15	and	and	CCONJ
fbem-32831	214	16	developmental	developmental	ADJ
fbem-32831	214	17	potential	potential	NOUN
fbem-32831	214	18	.	.	PUNCT
fbem-32831	215	1	lag	lag	NOUN
fbem-32831	215	2	size	size	NOUN
fbem-32831	215	3	enterprise	enterprise	NOUN
fbem-32831	215	4	scale	scale	NOUN
fbem-32831	215	5	from	from	ADP
fbem-32831	215	6	the	the	DET
fbem-32831	215	7	previous	previous	ADJ
fbem-32831	215	8	period	period	NOUN
fbem-32831	215	9	,	,	PUNCT
fbem-32831	215	10	measured	measure	VERB
fbem-32831	215	11	by	by	ADP
fbem-32831	215	12	the	the	DET
fbem-32831	215	13	natural	natural	ADJ
fbem-32831	215	14	logarithm	logarithm	NOUN
fbem-32831	215	15	of	of	ADP
fbem-32831	215	16	total	total	ADJ
fbem-32831	215	17	assets	asset	NOUN
fbem-32831	215	18	.	.	PUNCT
fbem-32831	216	1	lag	lag	VERB
fbem-32831	216	2	tobinq	tobinq	PROPN
fbem-32831	216	3	tobin	tobin	NOUN
fbem-32831	216	4	's	's	PART
fbem-32831	216	5	q	q	NOUN
fbem-32831	216	6	ratio	ratio	NOUN
fbem-32831	216	7	from	from	ADP
fbem-32831	216	8	the	the	DET
fbem-32831	216	9	previous	previous	ADJ
fbem-32831	216	10	period	period	NOUN
fbem-32831	216	11	,	,	PUNCT
fbem-32831	216	12	gauging	gauge	VERB
fbem-32831	216	13	the	the	DET
fbem-32831	216	14	ratio	ratio	NOUN
fbem-32831	216	15	of	of	ADP
fbem-32831	216	16	market	market	NOUN
fbem-32831	216	17	value	value	NOUN
fbem-32831	216	18	to	to	ADP
fbem-32831	216	19	replacement	replacement	NOUN
fbem-32831	216	20	cost	cost	NOUN
fbem-32831	216	21	to	to	PART
fbem-32831	216	22	reflect	reflect	VERB
fbem-32831	216	23	investment	investment	NOUN
fbem-32831	216	24	value	value	NOUN
fbem-32831	216	25	.	.	PUNCT
fbem-32831	217	1	lag	lag	PROPN
fbem-32831	217	2	annual_return	annual_return	PROPN
fbem-32831	217	3	annual	annual	ADJ
fbem-32831	217	4	stock	stock	NOUN
fbem-32831	217	5	return	return	NOUN
fbem-32831	217	6	from	from	ADP
fbem-32831	217	7	the	the	DET
fbem-32831	217	8	previous	previous	ADJ
fbem-32831	217	9	period	period	NOUN
fbem-32831	217	10	,	,	PUNCT
fbem-32831	217	11	indicating	indicate	VERB
fbem-32831	217	12	the	the	DET
fbem-32831	217	13	level	level	NOUN
fbem-32831	217	14	of	of	ADP
fbem-32831	217	15	investment	investment	NOUN
fbem-32831	217	16	returns	return	NOUN
fbem-32831	217	17	.	.	PUNCT
fbem-32831	218	1	lag_volatility	lag_volatility	NOUN
fbem-32831	218	2	stock	stock	NOUN
fbem-32831	218	3	price	price	NOUN
fbem-32831	218	4	volatility	volatility	NOUN
fbem-32831	218	5	from	from	ADP
fbem-32831	218	6	the	the	DET
fbem-32831	218	7	previous	previous	ADJ
fbem-32831	218	8	period	period	NOUN
fbem-32831	218	9	,	,	PUNCT
fbem-32831	218	10	measuring	measure	VERB
fbem-32831	218	11	the	the	DET
fbem-32831	218	12	intensity	intensity	NOUN
fbem-32831	218	13	of	of	ADP
fbem-32831	218	14	price	price	NOUN
fbem-32831	218	15	fluctuations	fluctuation	NOUN
fbem-32831	218	16	.	.	PUNCT
fbem-32831	219	1	lag	lag	VERB
fbem-32831	219	2	cash	cash	NOUN
fbem-32831	219	3	cash	cash	NOUN
fbem-32831	219	4	flow	flow	NOUN
fbem-32831	219	5	ratio	ratio	NOUN
fbem-32831	219	6	from	from	ADP
fbem-32831	219	7	the	the	DET
fbem-32831	219	8	previous	previous	ADJ
fbem-32831	219	9	period	period	NOUN
fbem-32831	219	10	,	,	PUNCT
fbem-32831	219	11	assessing	assess	VERB
fbem-32831	219	12	short	short	ADJ
fbem-32831	219	13	-	-	PUNCT
fbem-32831	219	14	term	term	NOUN
fbem-32831	219	15	debt	debt	NOUN
fbem-32831	219	16	repayment	repayment	NOUN
fbem-32831	219	17	capacity	capacity	NOUN
fbem-32831	219	18	and	and	CCONJ
fbem-32831	219	19	liquidity	liquidity	NOUN
fbem-32831	219	20	.	.	PUNCT
fbem-32831	220	1	27	27	NUM
fbem-32831	220	2	4.2	4.2	NUM
fbem-32831	220	3	.	.	PUNCT
fbem-32831	221	1	model	model	NOUN
fbem-32831	221	2	specification	specification	NOUN
fbem-32831	221	3	to	to	AUX
fbem-32831	221	4	exa	exa	PROPN
fbem-32831	221	5	mine	mine	VERB
fbem-32831	221	6	the	the	DET
fbem-32831	221	7	impact	impact	NOUN
fbem-32831	221	8	of	of	ADP
fbem-32831	221	9	corporate	corporate	ADJ
fbem-32831	221	10	climate	climate	NOUN
fbem-32831	221	11	risk	risk	NOUN
fbem-32831	221	12	on	on	ADP
fbem-32831	221	13	stock	stock	NOUN
fbem-32831	221	14	price	price	NOUN
fbem-32831	221	15	crash	crash	NOUN
fbem-32831	221	16	risk	risk	NOUN
fbem-32831	221	17	,	,	PUNCT
fbem-32831	221	18	this	this	DET
fbem-32831	221	19	paper	paper	NOUN
fbem-32831	221	20	constructs	construct	VERB
fbem-32831	221	21	the	the	DET
fbem-32831	221	22	following	follow	VERB
fbem-32831	221	23	panel	panel	NOUN
fbem-32831	221	24	fixed	fix	VERB
fbem-32831	221	25	-	-	PUNCT
fbem-32831	221	26	effects	effect	NOUN
fbem-32831	221	27	model	model	NOUN
fbem-32831	221	28	:	:	PUNCT
fbem-32831	221	29	crashr	crashr	VERB
fbem-32831	221	30	isk	isk	NOUN
fbem-32831	221	31	it+1	it+1	PROPN
fbem-32831	221	32	=	=	SYM
fbem-32831	221	33	α0	α0	ADJ
fbem-32831	221	34	+	+	NUM
fbem-32831	221	35	α1	α1	PROPN
fbem-32831	221	36	clrisk	clrisk	NOUN
fbem-32831	221	37	it	it	PRON
fbem-32831	221	38	+	+	CCONJ
fbem-32831	221	39	∑	∑	PART
fbem-32831	221	40	αcontrolsit	αcontrolsit	NOUN
fbem-32831	221	41	+	+	CCONJ
fbem-32831	221	42	μi	μi	PRON
fbem-32831	221	43	+	+	CCONJ
fbem-32831	221	44	λt	λt	ADP
fbem-32831	221	45	+	+	ADJ
fbem-32831	221	46	εit	εit	NOUN
fbem-32831	221	47	(	(	PUNCT
fbem-32831	221	48	6	6	NUM
fbem-32831	221	49	)	)	PUNCT
fbem-32831	221	50	among	among	ADP
fbem-32831	221	51	these	these	PRON
fbem-32831	221	52	,	,	PUNCT
fbem-32831	221	53	cra	cra	PROPN
fbem-32831	221	54	shrisk	shrisk	NOUN
fbem-32831	222	1	it+1	it+1	PROPN
fbem-32831	222	2	serves	serve	VERB
fbem-32831	222	3	a	a	DET
fbem-32831	222	4	s	s	NOUN
fbem-32831	222	5	the	the	DET
fbem-32831	222	6	dependent	dependent	ADJ
fbem-32831	222	7	va	va	PROPN
fbem-32831	222	8	ria	ria	PROPN
fbem-32831	222	9	ble	ble	PROPN
fbem-32831	222	10	,	,	PUNCT
fbem-32831	222	11	representing	represent	VERB
fbem-32831	222	12	compa	compa	PROPN
fbem-32831	222	13	ny	ny	PROPN
fbem-32831	223	1	i	i	PRON
fbem-32831	223	2	stock	stock	NOUN
fbem-32831	223	3	price	price	NOUN
fbem-32831	223	4	cra	cra	PROPN
fbem-32831	223	5	sh	sh	PROPN
fbem-32831	223	6	risk	risk	NOUN
fbem-32831	223	7	in	in	ADP
fbem-32831	223	8	period	period	NOUN
fbem-32831	223	9	t+1	t+1	NUM
fbem-32831	223	10	,	,	PUNCT
fbem-32831	223	11	mea	mea	NOUN
fbem-32831	223	12	sured	sure	VERB
fbem-32831	223	13	using	use	VERB
fbem-32831	223	14	either	either	CCONJ
fbem-32831	223	15	ncskew	ncskew	NOUN
fbem-32831	223	16	or	or	CCONJ
fbem-32831	223	17	duvol	duvol	NOUN
fbem-32831	223	18	.	.	PUNCT
fbem-32831	224	1	clriskit	clriskit	PROPN
fbem-32831	224	2	denotes	denote	NOUN
fbem-32831	224	3	compa	compa	PROPN
fbem-32831	224	4	ny	ny	PROPN
fbem-32831	225	1	i	i	PROPN
fbem-32831	225	2	clima	clima	PROPN
fbem-32831	225	3	te	te	PROPN
fbem-32831	225	4	risk	risk	NOUN
fbem-32831	225	5	exposure	exposure	NOUN
fbem-32831	225	6	in	in	ADP
fbem-32831	225	7	period	period	NOUN
fbem-32831	225	8	t.	t.	PROPN
fbem-32831	226	1	the	the	DET
fbem-32831	226	2	model	model	NOUN
fbem-32831	226	3	simulta	simulta	NOUN
fbem-32831	226	4	neously	neously	ADV
fbem-32831	226	5	controls	control	VERB
fbem-32831	226	6	for	for	ADP
fbem-32831	226	7	firm	firm	ADJ
fbem-32831	226	8	-specific	-specific	ADJ
fbem-32831	226	9	fixed	fix	VERB
fbem-32831	226	10	effects	effect	NOUN
fbem-32831	226	11	a	a	DET
fbem-32831	226	12	nd	nd	NOUN
fbem-32831	226	13	yea	yea	NOUN
fbem-32831	226	14	r	r	NOUN
fbem-32831	226	15	fixed	fix	VERB
fbem-32831	226	16	effects	effect	NOUN
fbem-32831	226	17	,	,	PUNCT
fbem-32831	226	18	employing	employ	VERB
fbem-32831	226	19	robust	robust	ADJ
fbem-32831	226	20	sta	sta	NOUN
fbem-32831	226	21	ndard	ndard	NOUN
fbem-32831	226	22	errors	error	NOUN
fbem-32831	226	23	clustered	cluster	VERB
fbem-32831	226	24	a	a	DET
fbem-32831	226	25	t	t	NOUN
fbem-32831	226	26	the	the	DET
fbem-32831	226	27	firm	firm	ADJ
fbem-32831	226	28	level	level	NOUN
fbem-32831	226	29	to	to	ADP
fbem-32831	226	30	a	a	DET
fbem-32831	226	31	ddress	ddress	ADJ
fbem-32831	226	32	potential	potential	ADJ
fbem-32831	226	33	serial	serial	ADJ
fbem-32831	226	34	correlation	correlation	NOUN
fbem-32831	226	35	and	and	CCONJ
fbem-32831	226	36	heteroskedasticity	heteroskedasticity	NOUN
fbem-32831	226	37	issues	issue	NOUN
fbem-32831	226	38	.	.	PUNCT
fbem-32831	227	1	to	to	PART
fbem-32831	227	2	investigate	investigate	VERB
fbem-32831	227	3	the	the	DET
fbem-32831	227	4	mediating	mediate	VERB
fbem-32831	227	5	effect	effect	NOUN
fbem-32831	227	6	of	of	ADP
fbem-32831	227	7	supply	supply	NOUN
fbem-32831	227	8	chain	chain	NOUN
fbem-32831	227	9	resilience	resilience	NOUN
fbem-32831	227	10	,	,	PUNCT
fbem-32831	227	11	the	the	DET
fbem-32831	227	12	following	follow	VERB
fbem-32831	227	13	mediation	mediation	NOUN
fbem-32831	227	14	model	model	NOUN
fbem-32831	227	15	is	be	AUX
fbem-32831	227	16	constructed	construct	VERB
fbem-32831	227	17	:	:	PUNCT
fbem-32831	227	18	resilienceit	resilienceit	NOUN
fbem-32831	228	1	=	=	SYM
fbem-32831	228	2	β0	β0	NOUN
fbem-32831	229	1	+	+	CCONJ
fbem-32831	230	1	β1	β1	PROPN
fbem-32831	230	2	clrisk	clrisk	NOUN
fbem-32831	230	3	it	it	PRON
fbem-32831	231	1	+	+	CCONJ
fbem-32831	231	2	∑	∑	PROPN
fbem-32831	231	3	β	β	X
fbem-32831	231	4	control	control	NOUN
fbem-32831	231	5	sit	sit	VERB
fbem-32831	231	6	+	+	CCONJ
fbem-32831	231	7	μi	μi	PRON
fbem-32831	232	1	+	+	CCONJ
fbem-32831	232	2	λt	λt	ADP
fbem-32831	232	3	+	+	ADJ
fbem-32831	232	4	εit	εit	NOUN
fbem-32831	232	5	(	(	PUNCT
fbem-32831	232	6	7	7	NUM
fbem-32831	232	7	)	)	PUNCT
fbem-32831	232	8	where	where	SCONJ
fbem-32831	232	9	resilienceit	resilienceit	NOUN
fbem-32831	232	10	is	be	AUX
fbem-32831	232	11	the	the	DET
fbem-32831	232	12	media	medium	NOUN
fbem-32831	232	13	ting	ting	PROPN
fbem-32831	232	14	va	va	PROPN
fbem-32831	232	15	ria	ria	PROPN
fbem-32831	232	16	ble	ble	PROPN
fbem-32831	232	17	,	,	PUNCT
fbem-32831	232	18	representing	represent	VERB
fbem-32831	232	19	the	the	DET
fbem-32831	232	20	supply	supply	NOUN
fbem-32831	232	21	cha	cha	NOUN
fbem-32831	232	22	in	in	ADP
fbem-32831	232	23	resilience	resilience	NOUN
fbem-32831	232	24	of	of	ADP
fbem-32831	232	25	firm	firm	ADJ
fbem-32831	232	26	i	i	PRON
fbem-32831	232	27	in	in	ADP
fbem-32831	232	28	period	period	NOUN
fbem-32831	232	29	t	t	PROPN
fbem-32831	232	30	,	,	PUNCT
fbem-32831	232	31	measured	measure	VERB
fbem-32831	232	32	using	use	VERB
fbem-32831	232	33	the	the	DET
fbem-32831	232	34	supplier	supplier	NOUN
fbem-32831	232	35	concentration	concentration	NOUN
fbem-32831	232	36	ratio	ratio	NOUN
fbem-32831	232	37	.	.	PUNCT
fbem-32831	233	1	to	to	ADP
fbem-32831	233	2	exa	exa	PROPN
fbem-32831	233	3	mine	mine	PROPN
fbem-32831	233	4	the	the	DET
fbem-32831	233	5	moderating	moderate	VERB
fbem-32831	233	6	effect	effect	NOUN
fbem-32831	233	7	of	of	ADP
fbem-32831	233	8	a	a	PRON
fbem-32831	233	9	na	na	NOUN
fbem-32831	233	10	lyst	lyst	PROPN
fbem-32831	233	11	a	a	DET
fbem-32831	233	12	ttention	ttention	NOUN
fbem-32831	233	13	,	,	PUNCT
fbem-32831	233	14	the	the	DET
fbem-32831	233	15	following	follow	VERB
fbem-32831	233	16	modera	modera	PROPN
fbem-32831	233	17	tion	tion	PROPN
fbem-32831	233	18	model	model	NOUN
fbem-32831	233	19	is	be	AUX
fbem-32831	233	20	constructed	construct	VERB
fbem-32831	233	21	:	:	PUNCT
fbem-32831	233	22	crashr	crashr	VERB
fbem-32831	233	23	isk	isk	NOUN
fbem-32831	233	24	it+1	it+1	PROPN
fbem-32831	233	25	=	=	SYM
fbem-32831	233	26	α0	α0	ADJ
fbem-32831	233	27	+	+	NUM
fbem-32831	233	28	α1	α1	PROPN
fbem-32831	233	29	clrisk	clrisk	NOUN
fbem-32831	233	30	it	it	PRON
fbem-32831	233	31	+	+	CCONJ
fbem-32831	233	32	α2	α2	ADJ
fbem-32831	233	33	clrisk	clrisk	NOUN
fbem-32831	233	34	it	it	PRON
fbem-32831	233	35	×	×	VERB
fbem-32831	233	36	w	w	NOUN
fbem-32831	233	37	+	+	NOUN
fbem-32831	233	38	εit(8	εit(8	NOUN
fbem-32831	233	39	)	)	PUNCT
fbem-32831	233	40	here	here	ADV
fbem-32831	233	41	,	,	PUNCT
fbem-32831	233	42	w	w	PROPN
fbem-32831	233	43	denotes	denote	NOUN
fbem-32831	233	44	the	the	DET
fbem-32831	233	45	moderator	moderator	NOUN
fbem-32831	233	46	variable	variable	NOUN
fbem-32831	233	47	,	,	PUNCT
fbem-32831	233	48	measured	measure	VERB
fbem-32831	233	49	using	use	VERB
fbem-32831	233	50	the	the	DET
fbem-32831	233	51	analyst	analyst	NOUN
fbem-32831	233	52	attention	attention	NOUN
fbem-32831	233	53	.	.	PUNCT
fbem-32831	234	1	4.3	4.3	NUM
fbem-32831	234	2	.	.	PUNCT
fbem-32831	234	3	sample	sample	NOUN
fbem-32831	234	4	selection	selection	NOUN
fbem-32831	234	5	and	and	CCONJ
fbem-32831	234	6	data	datum	NOUN
fbem-32831	234	7	sources	source	NOUN
fbem-32831	234	8	this	this	DET
fbem-32831	234	9	study	study	NOUN
fbem-32831	234	10	selected	select	VERB
fbem-32831	234	11	chinese	chinese	ADJ
fbem-32831	234	12	a	a	DET
fbem-32831	234	13	-	-	PUNCT
fbem-32831	234	14	share	share	NOUN
fbem-32831	234	15	listed	list	VERB
fbem-32831	234	16	companies	company	NOUN
fbem-32831	234	17	from	from	ADP
fbem-32831	234	18	2006	2006	NUM
fbem-32831	234	19	to	to	ADP
fbem-32831	234	20	2024	2024	NUM
fbem-32831	234	21	as	as	ADP
fbem-32831	234	22	the	the	DET
fbem-32831	234	23	initial	initial	ADJ
fbem-32831	234	24	research	research	NOUN
fbem-32831	234	25	sample	sample	NOUN
fbem-32831	234	26	.	.	PUNCT
fbem-32831	235	1	the	the	DET
fbem-32831	235	2	sample	sample	NOUN
fbem-32831	235	3	screening	screening	NOUN
fbem-32831	235	4	process	process	NOUN
fbem-32831	235	5	was	be	AUX
fbem-32831	235	6	as	as	SCONJ
fbem-32831	235	7	follows	follow	VERB
fbem-32831	235	8	:	:	PUNCT
fbem-32831	235	9	(	(	PUNCT
fbem-32831	235	10	1	1	X
fbem-32831	235	11	)	)	PUNCT
fbem-32831	235	12	exclusion	exclusion	NOUN
fbem-32831	235	13	of	of	ADP
fbem-32831	235	14	companies	company	NOUN
fbem-32831	235	15	in	in	ADP
fbem-32831	235	16	the	the	DET
fbem-32831	235	17	financial	financial	ADJ
fbem-32831	235	18	sector	sector	NOUN
fbem-32831	235	19	;	;	PUNCT
fbem-32831	235	20	(	(	PUNCT
fbem-32831	235	21	2	2	X
fbem-32831	235	22	)	)	PUNCT
fbem-32831	235	23	exclusion	exclusion	NOUN
fbem-32831	235	24	of	of	ADP
fbem-32831	235	25	companies	company	NOUN
fbem-32831	235	26	classified	classify	VERB
fbem-32831	235	27	as	as	ADP
fbem-32831	235	28	st	st	PROPN
fbem-32831	235	29	,	,	PUNCT
fbem-32831	235	30	*	*	PROPN
fbem-32831	235	31	st	st	PROPN
fbem-32831	235	32	,	,	PUNCT
fbem-32831	235	33	or	or	CCONJ
fbem-32831	235	34	those	those	PRON
fbem-32831	235	35	that	that	PRON
fbem-32831	235	36	had	have	AUX
fbem-32831	235	37	been	be	AUX
fbem-32831	235	38	delisted	delist	VERB
fbem-32831	235	39	;	;	PUNCT
fbem-32831	235	40	(	(	PUNCT
fbem-32831	235	41	3	3	X
fbem-32831	235	42	)	)	PUNCT
fbem-32831	235	43	exclusion	exclusion	NOUN
fbem-32831	235	44	of	of	ADP
fbem-32831	235	45	samples	sample	NOUN
fbem-32831	235	46	with	with	ADP
fbem-32831	235	47	missing	miss	VERB
fbem-32831	235	48	key	key	ADJ
fbem-32831	235	49	variable	variable	ADJ
fbem-32831	235	50	data	datum	NOUN
fbem-32831	235	51	.	.	PUNCT
fbem-32831	236	1	following	follow	VERB
fbem-32831	236	2	these	these	DET
fbem-32831	236	3	adjustments	adjustment	NOUN
fbem-32831	236	4	,	,	PUNCT
fbem-32831	236	5	47,562	47,562	NUM
fbem-32831	236	6	firm	firm	ADJ
fbem-32831	236	7	-	-	PUNCT
fbem-32831	236	8	year	year	NOUN
fbem-32831	236	9	observations	observation	NOUN
fbem-32831	236	10	were	be	AUX
fbem-32831	236	11	ultimately	ultimately	ADV
fbem-32831	236	12	obtained	obtain	VERB
fbem-32831	236	13	.	.	PUNCT
fbem-32831	237	1	the	the	DET
fbem-32831	237	2	data	datum	NOUN
fbem-32831	237	3	utilised	utilise	VERB
fbem-32831	237	4	in	in	ADP
fbem-32831	237	5	this	this	DET
fbem-32831	237	6	study	study	NOUN
fbem-32831	237	7	were	be	AUX
fbem-32831	237	8	sourced	source	VERB
fbem-32831	237	9	from	from	ADP
fbem-32831	237	10	multiple	multiple	ADJ
fbem-32831	237	11	databases	database	NOUN
fbem-32831	237	12	:	:	PUNCT
fbem-32831	237	13	corporate	corporate	ADJ
fbem-32831	237	14	financi	financi	PROPN
fbem-32831	237	15	al	al	PROPN
fbem-32831	237	16	data	data	PROPN
fbem-32831	237	17	,	,	PUNCT
fbem-32831	237	18	corporate	corporate	ADJ
fbem-32831	237	19	governance	governance	NOUN
fbem-32831	237	20	data	datum	NOUN
fbem-32831	237	21	,	,	PUNCT
fbem-32831	237	22	stock	stock	NOUN
fbem-32831	237	23	transaction	transaction	NOUN
fbem-32831	237	24	data	datum	NOUN
fbem-32831	237	25	,	,	PUNCT
fbem-32831	237	26	and	and	CCONJ
fbem-32831	237	27	supply	supply	NOUN
fbem-32831	237	28	chain	chain	NOUN
fbem-32831	237	29	data	datum	NOUN
fbem-32831	237	30	were	be	AUX
fbem-32831	237	31	all	all	PRON
fbem-32831	237	32	obtained	obtain	VERB
fbem-32831	237	33	from	from	ADP
fbem-32831	237	34	csmar	csmar	PROPN
fbem-32831	237	35	and	and	CCONJ
fbem-32831	237	36	wind	wind	NOUN
fbem-32831	237	37	database	database	NOUN
fbem-32831	237	38	.	.	PUNCT
fbem-32831	238	1	5	5	X
fbem-32831	238	2	.	.	NOUN
fbem-32831	238	3	results	result	NOUN
fbem-32831	238	4	and	and	CCONJ
fbem-32831	238	5	discussion	discussion	NOUN
fbem-32831	238	6	5.1	5.1	NUM
fbem-32831	238	7	.	.	PUNCT
fbem-32831	239	1	descriptive	descriptive	ADJ
fbem-32831	239	2	statistics	statistic	NOUN
fbem-32831	239	3	descriptive	descriptive	ADJ
fbem-32831	239	4	statistics	statistic	NOUN
fbem-32831	239	5	for	for	ADP
fbem-32831	239	6	the	the	DET
fbem-32831	239	7	primary	primary	ADJ
fbem-32831	239	8	variables	variable	NOUN
fbem-32831	239	9	are	be	AUX
fbem-32831	239	10	presented	present	VERB
fbem-32831	239	11	first	first	ADV
fbem-32831	239	12	,	,	PUNCT
fbem-32831	239	13	with	with	ADP
fbem-32831	239	14	results	result	NOUN
fbem-32831	239	15	shown	show	VERB
fbem-32831	239	16	in	in	ADP
fbem-32831	239	17	table	table	NOUN
fbem-32831	239	18	5	5	NUM
fbem-32831	239	19	-	-	SYM
fbem-32831	239	20	1	1	NUM
fbem-32831	239	21	.	.	PUNCT
fbem-32831	239	22	table	table	NOUN
fbem-32831	239	23	5	5	NUM
fbem-32831	239	24	-	-	SYM
fbem-32831	239	25	1	1	NUM
fbem-32831	239	26	.	.	PUNCT
fbem-32831	239	27	descriptive	descriptive	ADJ
fbem-32831	239	28	statistics	statistic	NOUN
fbem-32831	239	29	variable	variable	NOUN
fbem-32831	239	30	n	n	PRON
fbem-32831	239	31	mean	mean	VERB
fbem-32831	239	32	sd	sd	ADP
fbem-32831	239	33	p50	p50	NOUN
fbem-32831	239	34	min	min	PROPN
fbem-32831	239	35	max	max	PROPN
fbem-32831	239	36	ncskew	ncskew	PROPN
fbem-32831	239	37	47562	47562	NUM
fbem-32831	239	38	-0.299	-0.299	NUM
fbem-32831	239	39	0.695	0.695	NUM
fbem-32831	239	40	-0.262	-0.262	PUNCT
fbem-32831	239	41	-2.375	-2.375	NUM
fbem-32831	239	42	1.545	1.545	NUM
fbem-32831	239	43	duvol	duvol	NOUN
fbem-32831	239	44	47562	47562	NUM
fbem-32831	239	45	-0.195	-0.195	PUNCT
fbem-32831	239	46	0.483	0.483	NUM
fbem-32831	239	47	-0.196	-0.196	NOUN
fbem-32831	239	48	-2.532	-2.532	NUM
fbem-32831	239	49	3.511	3.511	NUM
fbem-32831	239	50	supplier_ratio	supplier_ratio	NOUN
fbem-32831	239	51	38073	38073	NUM
fbem-32831	239	52	18.86	18.86	NUM
fbem-32831	239	53	16.05	16.05	NUM
fbem-32831	239	54	13.53	13.53	NUM
fbem-32831	239	55	2.133	2.133	NUM
fbem-32831	239	56	81	81	NUM
fbem-32831	239	57	clrisk	clrisk	NOUN
fbem-32831	239	58	47562	47562	NUM
fbem-32831	239	59	4.241	4.241	NUM
fbem-32831	239	60	0.989	0.989	NUM
fbem-32831	239	61	4.263	4.263	NUM
fbem-32831	239	62	1.792	1.792	NUM
fbem-32831	239	63	6.641	6.641	NUM
fbem-32831	239	64	lag	lag	NOUN
fbem-32831	239	65	roa	roa	NOUN
fbem-32831	239	66	47562	47562	NUM
fbem-32831	239	67	0.036	0.036	NUM
fbem-32831	239	68	0.068	0.068	NUM
fbem-32831	239	69	0.036	0.036	NUM
fbem-32831	239	70	-0.249	-0.249	PUNCT
fbem-32831	239	71	0.221	0.221	NUM
fbem-32831	239	72	lag	lag	NOUN
fbem-32831	239	73	growth	growth	NOUN
fbem-32831	239	74	47562	47562	NUM
fbem-32831	239	75	0.161	0.161	NUM
fbem-32831	239	76	0.423	0.423	NUM
fbem-32831	239	77	0.099	0.099	NUM
fbem-32831	239	78	-0.607	-0.607	NUM
fbem-32831	239	79	2.703	2.703	NUM
fbem-32831	239	80	lag	lag	NOUN
fbem-32831	239	81	size	size	NOUN
fbem-32831	239	82	47562	47562	NUM
fbem-32831	239	83	22.21	22.21	NUM
fbem-32831	239	84	1.444	1.444	NUM
fbem-32831	239	85	21.97	21.97	NUM
fbem-32831	239	86	19.59	19.59	NUM
fbem-32831	239	87	27.27	27.27	NUM
fbem-32831	239	88	lag	lag	NOUN
fbem-32831	239	89	tobinq	tobinq	NOUN
fbem-32831	239	90	47562	47562	NUM
fbem-32831	239	91	1.973	1.973	NUM
fbem-32831	239	92	1.271	1.271	NUM
fbem-32831	239	93	1.557	1.557	NUM
fbem-32831	239	94	0.843	0.843	NUM
fbem-32831	239	95	8.391	8.391	NUM
fbem-32831	239	96	lag	lag	NOUN
fbem-32831	239	97	annual_return	annual_return	PROPN
fbem-32831	239	98	47562	47562	NUM
fbem-32831	239	99	0.138	0.138	NUM
fbem-32831	239	100	0.460	0.460	NUM
fbem-32831	239	101	0.050	0.050	NUM
fbem-32831	239	102	-0.682	-0.682	NUM
fbem-32831	239	103	1.756	1.756	NUM
fbem-32831	239	104	lag_volatility	lag_volatility	NOUN
fbem-32831	239	105	47562	47562	NUM
fbem-32831	239	106	44.25	44.25	NUM
fbem-32831	239	107	20.71	20.71	NUM
fbem-32831	239	108	39.68	39.68	NUM
fbem-32831	239	109	13.86	13.86	NUM
fbem-32831	239	110	122.5	122.5	NUM
fbem-32831	239	111	lag	lag	NOUN
fbem-32831	239	112	cash	cash	NOUN
fbem-32831	239	113	47562	47562	NUM
fbem-32831	239	114	0.047	0.047	NUM
fbem-32831	239	115	0.072	0.072	NUM
fbem-32831	239	116	0.046	0.046	NUM
fbem-32831	239	117	-0.177	-0.177	X
fbem-32831	239	118	0.251	0.251	NUM
fbem-32831	239	119	the	the	DET
fbem-32831	239	120	mean	mean	ADJ
fbem-32831	239	121	values	value	NOUN
fbem-32831	239	122	for	for	ADP
fbem-32831	239	123	the	the	DET
fbem-32831	239	124	two	two	NUM
fbem-32831	239	125	proxy	proxy	ADJ
fbem-32831	239	126	indicators	indicator	NOUN
fbem-32831	239	127	of	of	ADP
fbem-32831	239	128	stock	stock	NOUN
fbem-32831	239	129	price	price	NOUN
fbem-32831	239	130	crash	crash	NOUN
fbem-32831	239	131	risk	risk	NOUN
fbem-32831	239	132	,	,	PUNCT
fbem-32831	239	133	ncskew	ncskew	NOUN
fbem-32831	239	134	and	and	CCONJ
fbem-32831	239	135	duvol	duvol	NOUN
fbem-32831	239	136	,	,	PUNCT
fbem-32831	239	137	are	be	AUX
fbem-32831	239	138	-0.299	-0.299	ADJ
fbem-32831	239	139	and	and	CCONJ
fbem-32831	239	140	-0.195	-0.195	PUNCT
fbem-32831	239	141	respectively	respectively	ADV
fbem-32831	239	142	,	,	PUNCT
fbem-32831	239	143	both	both	DET
fbem-32831	239	144	negative	negative	ADJ
fbem-32831	239	145	figures	figure	NOUN
fbem-32831	239	146	.	.	PUNCT
fbem-32831	240	1	this	this	PRON
fbem-32831	240	2	aligns	align	VERB
fbem-32831	240	3	with	with	ADP
fbem-32831	240	4	the	the	DET
fbem-32831	240	5	well	well	ADV
fbem-32831	240	6	established	establish	VERB
fbem-32831	240	7	fact	fact	NOUN
fbem-32831	240	8	of	of	ADP
fbem-32831	240	9	left	left	ADJ
fbem-32831	240	10	skewness	skewness	NOUN
fbem-32831	240	11	in	in	ADP
fbem-32831	240	12	stock	stock	NOUN
fbem-32831	240	13	returns	return	NOUN
fbem-32831	240	14	within	within	ADP
fbem-32831	240	15	financial	financial	ADJ
fbem-32831	240	16	markets	market	NOUN
fbem-32831	240	17	.	.	PUNCT
fbem-32831	241	1	concurrently	concurrently	ADV
fbem-32831	241	2	,	,	PUNCT
fbem-32831	241	3	both	both	DET
fbem-32831	241	4	indicators	indicator	NOUN
fbem-32831	241	5	exhibit	exhibit	VERB
fbem-32831	241	6	substantial	substantial	ADJ
fbem-32831	241	7	standard	standard	ADJ
fbem-32831	241	8	deviations	deviation	NOUN
fbem-32831	241	9	and	and	CCONJ
fbem-32831	241	10	wi	wi	PROPN
fbem-32831	241	11	de	de	PROPN
fbem-32831	241	12	ranges	range	NOUN
fbem-32831	241	13	,	,	PUNCT
fbem-32831	241	14	indicating	indicate	VERB
fbem-32831	241	15	significant	significant	ADJ
fbem-32831	241	16	variation	variation	NOUN
fbem-32831	241	17	in	in	ADP
fbem-32831	241	18	stock	stock	NOUN
fbem-32831	241	19	price	price	NOUN
fbem-32831	241	20	crash	crash	NOUN
fbem-32831	241	21	risk	risk	NOUN
fbem-32831	241	22	across	across	ADP
fbem-32831	241	23	the	the	DET
fbem-32831	241	24	sample	sample	NOUN
fbem-32831	241	25	firms	firm	NOUN
fbem-32831	241	26	.	.	PUNCT
fbem-32831	242	1	the	the	DET
fbem-32831	242	2	climate	climate	NOUN
fbem-32831	242	3	risk	risk	NOUN
fbem-32831	242	4	indicator	indicator	NOUN
fbem-32831	242	5	displays	display	VERB
fbem-32831	242	6	a	a	DET
fbem-32831	242	7	standard	standard	ADJ
fbem-32831	242	8	deviation	deviation	NOUN
fbem-32831	242	9	of	of	ADP
fbem-32831	242	10	0.989	0.989	NUM
fbem-32831	242	11	,	,	PUNCT
fbem-32831	242	12	with	with	ADP
fbem-32831	242	13	minimum	minimum	NOUN
fbem-32831	242	14	and	and	CCONJ
fbem-32831	242	15	maximum	maximum	ADJ
fbem-32831	242	16	values	value	NOUN
fbem-32831	242	17	of	of	ADP
fbem-32831	242	18	1.792	1.792	NUM
fbem-32831	242	19	and	and	CCONJ
fbem-32831	242	20	6.641	6.641	NUM
fbem-32831	242	21	respectively	respectively	ADV
fbem-32831	242	22	.	.	PUNCT
fbem-32831	243	1	this	this	PRON
fbem-32831	243	2	demonstrates	demonstrate	VERB
fbem-32831	243	3	marked	mark	VERB
fbem-32831	243	4	heterogeneity	heterogeneity	NOUN
fbem-32831	243	5	in	in	ADP
fbem-32831	243	6	climate	climate	NOUN
fbem-32831	243	7	risk	risk	NOUN
fbem-32831	243	8	exposure	exposure	NOUN
fbem-32831	243	9	among	among	ADP
fbem-32831	243	10	different	different	ADJ
fbem-32831	243	11	enterprises	enterprise	NOUN
fbem-32831	243	12	.	.	PUNCT
fbem-32831	244	1	the	the	DET
fbem-32831	244	2	mean	mean	NOUN
fbem-32831	244	3	of	of	ADP
fbem-32831	244	4	the	the	DET
fbem-32831	244	5	supply	supply	NOUN
fbem-32831	244	6	chain	chain	NOUN
fbem-32831	244	7	resilience	resilience	NOUN
fbem-32831	244	8	proxy	proxy	NOUN
fbem-32831	244	9	variable	variable	ADJ
fbem-32831	244	10	supplier_ratio	supplier_ratio	NOUN
fbem-32831	244	11	is	be	AUX
fbem-32831	244	12	18.86	18.86	NUM
fbem-32831	244	13	%	%	NOUN
fbem-32831	244	14	,	,	PUNCT
fbem-32831	244	15	with	with	ADP
fbem-32831	244	16	a	a	DET
fbem-32831	244	17	median	median	NOUN
fbem-32831	244	18	of	of	ADP
fbem-32831	244	19	13.53	13.53	NUM
fbem-32831	244	20	%	%	NOUN
fbem-32831	244	21	.	.	PUNCT
fbem-32831	245	1	this	this	PRON
fbem-32831	245	2	indicates	indicate	VERB
fbem-32831	245	3	that	that	SCONJ
fbem-32831	245	4	the	the	DET
fbem-32831	245	5	mean	mean	NOUN
fbem-32831	245	6	is	be	AUX
fbem-32831	245	7	influenced	influence	VERB
fbem-32831	245	8	by	by	ADP
fbem-32831	245	9	firms	firm	NOUN
fbem-32831	245	10	with	with	ADP
fbem-32831	245	11	highly	highly	ADV
fbem-32831	245	12	concentrated	concentrated	ADJ
fbem-32831	245	13	supply	supply	NOUN
fbem-32831	245	14	chains	chain	NOUN
fbem-32831	245	15	,	,	PUNCT
fbem-32831	245	16	resulting	result	VERB
fbem-32831	245	17	in	in	ADP
fbem-32831	245	18	a	a	DET
fbem-32831	245	19	right	right	ADJ
fbem-32831	245	20	-skewed	-skewed	ADJ
fbem-32831	245	21	distribution	distribution	NOUN
fbem-32831	245	22	.	.	PUNCT
fbem-32831	246	1	its	its	PRON
fbem-32831	246	2	standard	standard	ADJ
fbem-32831	246	3	deviation	deviation	NOUN
fbem-32831	246	4	reached	reach	VERB
fbem-32831	246	5	16.05	16.05	NUM
fbem-32831	246	6	,	,	PUNCT
fbem-32831	246	7	with	with	ADP
fbem-32831	246	8	a	a	DET
fbem-32831	246	9	maximum	maximum	ADJ
fbem-32831	246	10	value	value	NOUN
fbem-32831	246	11	of	of	ADP
fbem-32831	246	12	81	81	NUM
fbem-32831	246	13	%	%	NOUN
fbem-32831	246	14	,	,	PUNCT
fbem-32831	246	15	indicating	indicate	VERB
fbem-32831	246	16	substantial	substantial	ADJ
fbem-32831	246	17	variation	variation	NOUN
fbem-32831	246	18	in	in	ADP
fbem-32831	246	19	supply	supply	NOUN
fbem-32831	246	20	chain	chain	NOUN
fbem-32831	246	21	structure	structure	NOUN
fbem-32831	246	22	and	and	CCONJ
fbem-32831	246	23	stability	stability	NOUN
fbem-32831	246	24	among	among	ADP
fbem-32831	246	25	the	the	DET
fbem-32831	246	26	sample	sample	NOUN
fbem-32831	246	27	firms	firm	NOUN
fbem-32831	246	28	.	.	PUNCT
fbem-32831	247	1	descriptive	descriptive	ADJ
fbem-32831	247	2	statistics	statistic	NOUN
fbem-32831	247	3	for	for	ADP
fbem-32831	247	4	all	all	DET
fbem-32831	247	5	other	other	ADJ
fbem-32831	247	6	control	control	NOUN
fbem-32831	247	7	variables	variable	NOUN
fbem-32831	247	8	fell	fall	VERB
fbem-32831	247	9	within	within	ADP
fbem-32831	247	10	reasonable	reasonable	ADJ
fbem-32831	247	11	ranges	range	NOUN
fbem-32831	247	12	,	,	PUNCT
fbem-32831	247	13	broadly	broadly	ADV
fbem-32831	247	14	consistent	consistent	ADJ
fbem-32831	247	15	wit	wit	NOUN
fbem-32831	247	16	h	h	NOUN
fbem-32831	247	17	existing	exist	VERB
fbem-32831	247	18	literature	literature	NOUN
fbem-32831	247	19	findings	finding	NOUN
fbem-32831	247	20	,	,	PUNCT
fbem-32831	247	21	suggesting	suggest	VERB
fbem-32831	247	22	the	the	DET
fbem-32831	247	23	sample	sample	NOUN
fbem-32831	247	24	data	datum	NOUN
fbem-32831	247	25	possesses	possess	VERB
fbem-32831	247	26	sound	sound	NOUN
fbem-32831	247	27	representativeness	representativeness	ADJ
fbem-32831	247	28	.	.	PUNCT
fbem-32831	248	1	5.2	5.2	NUM
fbem-32831	248	2	.	.	PUNCT
fbem-32831	249	1	correlation	correlation	NOUN
fbem-32831	249	2	analysis	analysis	NOUN
fbem-32831	249	3	table	table	NOUN
fbem-32831	249	4	5	5	NUM
fbem-32831	249	5	-	-	SYM
fbem-32831	249	6	2	2	NUM
fbem-32831	249	7	reports	report	VERB
fbem-32831	249	8	the	the	DET
fbem-32831	249	9	pearson	pearson	PROPN
fbem-32831	249	10	correlation	correlation	NOUN
fbem-32831	249	11	coefficient	coefficient	NOUN
fbem-32831	249	12	matrix	matrix	NOUN
fbem-32831	249	13	between	between	ADP
fbem-32831	249	14	primary	primary	ADJ
fbem-32831	249	15	variables	variable	NOUN
fbem-32831	249	16	,	,	PUNCT
fbem-32831	249	17	aiming	aim	VERB
fbem-32831	249	18	to	to	PART
fbem-32831	249	19	preliminarily	preliminarily	ADV
fbem-32831	249	20	explore	explore	VERB
fbem-32831	249	21	relationships	relationship	NOUN
fbem-32831	249	22	and	and	CCONJ
fbem-32831	249	23	test	test	NOUN
fbem-32831	249	24	for	for	ADP
fbem-32831	249	25	multicollinearity	multicollinearity	NOUN
fbem-32831	249	26	.	.	PUNCT
fbem-32831	250	1	clrisk	clrisk	NOUN
fbem-32831	250	2	exhibits	exhibit	VERB
fbem-32831	250	3	positive	positive	ADJ
fbem-32831	250	4	correlations	correlation	NOUN
fbem-32831	250	5	with	with	ADP
fbem-32831	250	6	ncskew	ncskew	NOUN
fbem-32831	250	7	and	and	CCONJ
fbem-32831	250	8	duvol	duvol	VERB
fbem-32831	250	9	at	at	ADP
fbem-32831	250	10	0.020	0.020	NUM
fbem-32831	250	11	and	and	CCONJ
fbem-32831	250	12	0.018	0.018	NUM
fbem-32831	250	13	respectively	respectively	ADV
fbem-32831	250	14	,	,	PUNCT
fbem-32831	250	15	both	both	PRON
fbem-32831	250	16	statistically	statistically	ADV
fbem-32831	250	17	significant	significant	ADJ
fbem-32831	250	18	at	at	ADP
fbem-32831	250	19	the	the	DET
fbem-32831	250	20	1	1	NUM
fbem-32831	250	21	%	%	NOUN
fbem-32831	250	22	level	level	NOUN
fbem-32831	250	23	.	.	PUNCT
fbem-32831	251	1	this	this	PRON
fbem-32831	251	2	preliminarily	preliminarily	ADV
fbem-32831	251	3	indicates	indicate	VERB
fbem-32831	251	4	that	that	SCONJ
fbem-32831	251	5	firms	firm	NOUN
fbem-32831	251	6	facing	face	VERB
fbem-32831	251	7	higher	high	ADJ
fbem-32831	251	8	climate	climate	NOUN
fbem-32831	251	9	risks	risk	NOUN
fbem-32831	251	10	also	also	ADV
fbem-32831	251	11	exhibit	exhibit	VERB
fbem-32831	251	12	elevated	elevate	VERB
fbem-32831	251	13	future	future	ADJ
fbem-32831	251	14	stock	stock	NOUN
fbem-32831	251	15	price	price	NOUN
fbem-32831	251	16	crash	crash	NOUN
fbem-32831	251	17	risks	risk	NOUN
fbem-32831	251	18	.	.	PUNCT
fbem-32831	252	1	this	this	DET
fbem-32831	252	2	finding	finding	NOUN
fbem-32831	252	3	provides	provide	VERB
fbem-32831	252	4	preliminary	preliminary	ADJ
fbem-32831	252	5	univariate	univariate	ADJ
fbem-32831	252	6	evidence	evidence	NOUN
fbem-32831	252	7	supporting	support	VERB
fbem-32831	252	8	the	the	DET
fbem-32831	252	9	core	core	NOUN
fbem-32831	252	10	research	research	NOUN
fbem-32831	252	11	hypothesis	hypothesis	NOUN
fbem-32831	252	12	of	of	ADP
fbem-32831	252	13	this	this	DET
fbem-32831	252	14	paper	paper	NOUN
fbem-32831	252	15	.	.	PUNCT
fbem-32831	253	1	as	as	SCONJ
fbem-32831	253	2	anticipated	anticipate	VERB
fbem-32831	253	3	,	,	PUNCT
fbem-32831	253	4	the	the	DET
fbem-32831	253	5	correlation	correlation	NOUN
fbem-32831	253	6	coefficient	coefficient	NOUN
fbem-32831	253	7	between	between	ADP
fbem-32831	253	8	ncskew	ncskew	NOUN
fbem-32831	253	9	and	and	CCONJ
fbem-32831	253	10	duvol	duvol	NOUN
fbem-32831	253	11	is	be	AUX
fbem-32831	253	12	as	as	ADV
fbem-32831	253	13	high	high	ADJ
fbem-32831	253	14	as	as	ADP
fbem-32831	253	15	0.873	0.873	NUM
fbem-32831	253	16	and	and	CCONJ
fbem-32831	253	17	significant	significant	ADJ
fbem-32831	253	18	at	at	ADP
fbem-32831	253	19	the	the	DET
fbem-32831	253	20	1	1	NUM
fbem-32831	253	21	%	%	NOUN
fbem-32831	253	22	level	level	NOUN
fbem-32831	253	23	,	,	PUNCT
fbem-32831	253	24	demonstrating	demonstrate	VERB
fbem-32831	253	25	that	that	SCONJ
fbem-32831	253	26	the	the	DET
fbem-32831	253	27	two	two	NUM
fbem-32831	253	28	indicators	indicator	NOUN
fbem-32831	253	29	possess	possess	VERB
fbem-32831	253	30	high	high	ADJ
fbem-32831	253	31	internal	internal	ADJ
fbem-32831	253	32	consistency	consistency	NOUN
fbem-32831	253	33	and	and	CCONJ
fbem-32831	253	34	can	can	AUX
fbem-32831	253	35	reliably	reliably	ADV
fbem-32831	253	36	measure	measure	VERB
fbem-32831	253	37	the	the	DET
fbem-32831	253	38	same	same	ADJ
fbem-32831	253	39	underlying	underlying	ADJ
fbem-32831	253	40	concept	concept	NOUN
fbem-32831	253	41	.	.	PUNCT
fbem-32831	254	1	examinin	examinin	PROPN
fbem-32831	254	2	g	g	PROPN
fbem-32831	254	3	correlations	correlation	NOUN
fbem-32831	254	4	among	among	ADP
fbem-32831	254	5	explanatory	explanatory	ADJ
fbem-32831	254	6	variables	variable	NOUN
fbem-32831	254	7	reveals	reveal	VERB
fbem-32831	254	8	that	that	SCONJ
fbem-32831	254	9	,	,	PUNCT
fbem-32831	254	10	with	with	ADP
fbem-32831	254	11	few	few	ADJ
fbem-32831	254	12	exceptions	exception	NOUN
fbem-32831	254	13	,	,	PUNCT
fbem-32831	254	14	the	the	DET
fbem-32831	254	15	absolute	absolute	ADJ
fbem-32831	254	16	values	value	NOUN
fbem-32831	254	17	of	of	ADP
fbem-32831	254	18	correlation	correlation	NOUN
fbem-32831	254	19	coefficients	coefficient	NOUN
fbem-32831	254	20	between	between	ADP
fbem-32831	254	21	most	most	ADJ
fbem-32831	254	22	control	control	NOUN
fbem-32831	254	23	variables	variable	NOUN
fbem-32831	254	24	fall	fall	VERB
fbem-32831	254	25	well	well	ADV
fbem-32831	254	26	below	below	ADP
fbem-32831	254	27	the	the	DET
fbem-32831	254	28	empirical	empirical	ADJ
fbem-32831	254	29	threshold	threshold	NOUN
fbem-32831	254	30	of	of	ADP
fbem-32831	254	31	0.7	0.7	NUM
fbem-32831	254	32	.	.	PUNCT
fbem-32831	255	1	this	this	PRON
fbem-32831	255	2	suggests	suggest	VERB
fbem-32831	255	3	no	no	DET
fbem-32831	255	4	severe	severe	ADJ
fbem-32831	255	5	multicollinearity	multicollinearity	NOUN
fbem-32831	255	6	issues	issue	NOUN
fbem-32831	255	7	ex	ex	X
fbem-32831	255	8	ist	ist	VERB
fbem-32831	255	9	within	within	ADP
fbem-32831	255	10	the	the	DET
fbem-32831	255	11	model	model	NOUN
fbem-32831	255	12	,	,	PUNCT
fbem-32831	255	13	permitting	permit	VERB
fbem-32831	255	14	progression	progression	NOUN
fbem-32831	255	15	to	to	PART
fbem-32831	255	16	multivariate	multivariate	VERB
fbem-32831	255	17	28	28	NUM
fbem-32831	255	18	regression	regression	NOUN
fbem-32831	255	19	analysis	analysis	NOUN
fbem-32831	255	20	.	.	PUNCT
fbem-32831	256	1	table	table	NOUN
fbem-32831	256	2	5	5	NUM
fbem-32831	256	3	-	-	SYM
fbem-32831	256	4	2	2	NUM
fbem-32831	256	5	.	.	PUNCT
fbem-32831	256	6	correlation	correlation	NOUN
fbem-32831	256	7	analysis	analysis	NOUN
fbem-32831	256	8	variables	variable	NOUN
fbem-32831	256	9	(	(	PUNCT
fbem-32831	256	10	1	1	NUM
fbem-32831	256	11	)	)	PUNCT
fbem-32831	256	12	(	(	PUNCT
fbem-32831	256	13	2	2	NUM
fbem-32831	256	14	)	)	PUNCT
fbem-32831	256	15	(	(	PUNCT
fbem-32831	256	16	3	3	X
fbem-32831	256	17	)	)	PUNCT
fbem-32831	256	18	(	(	PUNCT
fbem-32831	256	19	4	4	NUM
fbem-32831	256	20	)	)	PUNCT
fbem-32831	256	21	(	(	PUNCT
fbem-32831	256	22	5	5	NUM
fbem-32831	256	23	)	)	PUNCT
fbem-32831	256	24	(	(	PUNCT
fbem-32831	256	25	6	6	NUM
fbem-32831	256	26	)	)	PUNCT
fbem-32831	256	27	(	(	PUNCT
fbem-32831	256	28	7	7	NUM
fbem-32831	256	29	)	)	PUNCT
fbem-32831	256	30	(	(	PUNCT
fbem-32831	256	31	8)	8)	NUM
fbem-32831	256	32	(	(	PUNCT
fbem-32831	256	33	9	9	NUM
fbem-32831	256	34	)	)	PUNCT
fbem-32831	256	35	(	(	PUNCT
fbem-32831	256	36	10	10	NUM
fbem-32831	256	37	)	)	PUNCT
fbem-32831	256	38	(	(	PUNCT
fbem-32831	256	39	1	1	X
fbem-32831	256	40	)	)	PUNCT
fbem-32831	256	41	ncskew	ncskew	NOUN
fbem-32831	256	42	1.000	1.000	NUM
fbem-32831	256	43	(	(	PUNCT
fbem-32831	256	44	2	2	NUM
fbem-32831	256	45	)	)	PUNCT
fbem-32831	256	46	duvol	duvol	NOUN
fbem-32831	256	47	0.873	0.873	NUM
fbem-32831	256	48	*	*	SYM
fbem-32831	256	49	1.000	1.000	NUM
fbem-32831	256	50	(	(	PUNCT
fbem-32831	256	51	0.000	0.000	NUM
fbem-32831	256	52	)	)	PUNCT
fbem-32831	256	53	(	(	PUNCT
fbem-32831	256	54	3	3	X
fbem-32831	256	55	)	)	PUNCT
fbem-32831	256	56	clrisk	clrisk	NOUN
fbem-32831	256	57	0.020	0.020	NUM
fbem-32831	256	58	*	*	SYM
fbem-32831	256	59	0.018	0.018	NUM
fbem-32831	256	60	*	*	NUM
fbem-32831	256	61	1.000	1.000	NUM
fbem-32831	256	62	(	(	PUNCT
fbem-32831	256	63	0.000	0.000	NUM
fbem-32831	256	64	)	)	PUNCT
fbem-32831	256	65	(	(	PUNCT
fbem-32831	256	66	0.000	0.000	NUM
fbem-32831	256	67	)	)	PUNCT
fbem-32831	256	68	(	(	PUNCT
fbem-32831	256	69	4	4	X
fbem-32831	256	70	)	)	PUNCT
fbem-32831	256	71	lag_roa	lag_roa	NOUN
fbem-32831	256	72	0.018	0.018	NUM
fbem-32831	256	73	*	*	NUM
fbem-32831	256	74	0.003	0.003	NUM
fbem-32831	256	75	-0.018	-0.018	NOUN
fbem-32831	256	76	*	*	PUNCT
fbem-32831	256	77	1.000	1.000	NUM
fbem-32831	256	78	(	(	PUNCT
fbem-32831	256	79	0.000	0.000	NUM
fbem-32831	256	80	)	)	PUNCT
fbem-32831	256	81	(	(	PUNCT
fbem-32831	256	82	0.563	0.563	NUM
fbem-32831	256	83	)	)	PUNCT
fbem-32831	256	84	(	(	PUNCT
fbem-32831	256	85	0.000	0.000	NUM
fbem-32831	256	86	)	)	PUNCT
fbem-32831	256	87	(	(	PUNCT
fbem-32831	256	88	5	5	X
fbem-32831	256	89	)	)	PUNCT
fbem-32831	256	90	lag_growth	lag_growth	NOUN
fbem-32831	256	91	0.019	0.019	NUM
fbem-32831	256	92	*	*	SYM
fbem-32831	256	93	0.004	0.004	NUM
fbem-32831	256	94	-0.030	-0.030	NUM
fbem-32831	256	95	*	*	SYM
fbem-32831	256	96	0.251	0.251	NUM
fbem-32831	256	97	*	*	SYM
fbem-32831	256	98	1.000	1.000	NUM
fbem-32831	256	99	(	(	PUNCT
fbem-32831	256	100	0.000	0.000	NUM
fbem-32831	256	101	)	)	PUNCT
fbem-32831	256	102	(	(	PUNCT
fbem-32831	256	103	0.338	0.338	NUM
fbem-32831	256	104	)	)	PUNCT
fbem-32831	256	105	(	(	PUNCT
fbem-32831	256	106	0.000	0.000	NUM
fbem-32831	256	107	)	)	PUNCT
fbem-32831	256	108	(	(	PUNCT
fbem-32831	256	109	0.000	0.000	NUM
fbem-32831	256	110	)	)	PUNCT
fbem-32831	256	111	(	(	PUNCT
fbem-32831	256	112	6	6	NUM
fbem-32831	256	113	)	)	PUNCT
fbem-32831	256	114	lag_size	lag_size	NOUN
fbem-32831	256	115	-0.028	-0.028	PROPN
fbem-32831	256	116	*	*	PUNCT
fbem-32831	256	117	-0.047	-0.047	PROPN
fbem-32831	256	118	*	*	PUNCT
fbem-32831	256	119	0.384	0.384	NUM
fbem-32831	256	120	*	*	SYM
fbem-32831	256	121	0.022	0.022	NUM
fbem-32831	256	122	*	*	SYM
fbem-32831	256	123	0.028	0.028	NUM
fbem-32831	256	124	*	*	NUM
fbem-32831	256	125	1.000	1.000	NUM
fbem-32831	256	126	(	(	PUNCT
fbem-32831	256	127	0.000	0.000	NUM
fbem-32831	256	128	)	)	PUNCT
fbem-32831	256	129	(	(	PUNCT
fbem-32831	256	130	0.000	0.000	NUM
fbem-32831	256	131	)	)	PUNCT
fbem-32831	256	132	(	(	PUNCT
fbem-32831	256	133	0.000	0.000	NUM
fbem-32831	256	134	)	)	PUNCT
fbem-32831	256	135	(	(	PUNCT
fbem-32831	256	136	0.000	0.000	NUM
fbem-32831	256	137	)	)	PUNCT
fbem-32831	256	138	(	(	PUNCT
fbem-32831	256	139	0.000	0.000	NUM
fbem-32831	256	140	)	)	PUNCT
fbem-32831	256	141	(	(	PUNCT
fbem-32831	256	142	7	7	NUM
fbem-32831	256	143	)	)	PUNCT
fbem-32831	256	144	lag_tobinq	lag_tobinq	X
fbem-32831	256	145	0.074	0.074	NUM
fbem-32831	256	146	*	*	SYM
fbem-32831	256	147	0.066	0.066	NUM
fbem-32831	256	148	*	*	PUNCT
fbem-32831	256	149	-0.152	-0.152	PUNCT
fbem-32831	256	150	*	*	X
fbem-32831	256	151	0.142	0.142	NUM
fbem-32831	256	152	*	*	NOUN
fbem-32831	256	153	0.058	0.058	NUM
fbem-32831	256	154	*	*	PUNCT
fbem-32831	256	155	-0.366	-0.366	PROPN
fbem-32831	256	156	*	*	PUNCT
fbem-32831	256	157	1.000	1.000	NUM
fbem-32831	256	158	(	(	PUNCT
fbem-32831	256	159	0.000	0.000	NUM
fbem-32831	256	160	)	)	PUNCT
fbem-32831	256	161	(	(	PUNCT
fbem-32831	256	162	0.000	0.000	NUM
fbem-32831	256	163	)	)	PUNCT
fbem-32831	256	164	(	(	PUNCT
fbem-32831	256	165	0.000	0.000	NUM
fbem-32831	256	166	)	)	PUNCT
fbem-32831	256	167	(	(	PUNCT
fbem-32831	256	168	0.000	0.000	NUM
fbem-32831	256	169	)	)	PUNCT
fbem-32831	256	170	(	(	PUNCT
fbem-32831	256	171	0.000	0.000	NUM
fbem-32831	256	172	)	)	PUNCT
fbem-32831	256	173	(	(	PUNCT
fbem-32831	256	174	0.000	0.000	NUM
fbem-32831	256	175	)	)	PUNCT
fbem-32831	256	176	(	(	PUNCT
fbem-32831	256	177	8)	8)	NUM
fbem-32831	256	178	lag	lag	NOUN
fbem-32831	256	179	annual_return	annual_return	PROPN
fbem-32831	256	180	0.035	0.035	NUM
fbem-32831	256	181	*	*	SYM
fbem-32831	256	182	0.014	0.014	NUM
fbem-32831	256	183	*	*	PUNCT
fbem-32831	256	184	-0.174	-0.174	PUNCT
fbem-32831	256	185	*	*	PUNCT
fbem-32831	256	186	0.107	0.107	NUM
fbem-32831	256	187	*	*	PUNCT
fbem-32831	256	188	0.084	0.084	NUM
fbem-32831	256	189	*	*	PUNCT
fbem-32831	257	1	-0.098	-0.098	NUM
fbem-32831	257	2	*	*	PUNCT
fbem-32831	257	3	0.123	0.123	NUM
fbem-32831	257	4	*	*	SYM
fbem-32831	257	5	1.000	1.000	NUM
fbem-32831	257	6	(	(	PUNCT
fbem-32831	257	7	0.000	0.000	NUM
fbem-32831	257	8	)	)	PUNCT
fbem-32831	257	9	(	(	PUNCT
fbem-32831	257	10	0.003	0.003	NUM
fbem-32831	257	11	)	)	PUNCT
fbem-32831	257	12	(	(	PUNCT
fbem-32831	257	13	0.000	0.000	NUM
fbem-32831	257	14	)	)	PUNCT
fbem-32831	257	15	(	(	PUNCT
fbem-32831	257	16	0.000	0.000	NUM
fbem-32831	257	17	)	)	PUNCT
fbem-32831	257	18	(	(	PUNCT
fbem-32831	257	19	0.000	0.000	NUM
fbem-32831	257	20	)	)	PUNCT
fbem-32831	257	21	(	(	PUNCT
fbem-32831	257	22	0.000	0.000	NUM
fbem-32831	257	23	)	)	PUNCT
fbem-32831	257	24	(	(	PUNCT
fbem-32831	257	25	0.000	0.000	NUM
fbem-32831	257	26	)	)	PUNCT
fbem-32831	257	27	(	(	PUNCT
fbem-32831	257	28	9	9	X
fbem-32831	257	29	)	)	PUNCT
fbem-32831	257	30	lag_volatility	lag_volatility	NOUN
fbem-32831	257	31	-0.048	-0.048	NOUN
fbem-32831	257	32	*	*	PUNCT
fbem-32831	257	33	-0.061	-0.061	NUM
fbem-32831	258	1	*	*	PUNCT
fbem-32831	258	2	-0.152	-0.152	PUNCT
fbem-32831	258	3	*	*	PUNCT
fbem-32831	258	4	-0.036	-0.036	PROPN
fbem-32831	258	5	*	*	SYM
fbem-32831	258	6	0.060	0.060	NUM
fbem-32831	258	7	*	*	PUNCT
fbem-32831	258	8	-0.224	-0.224	X
fbem-32831	258	9	*	*	PROPN
fbem-32831	258	10	0.228	0.228	NUM
fbem-32831	258	11	*	*	SYM
fbem-32831	258	12	0.450	0.450	NUM
fbem-32831	258	13	*	*	SYM
fbem-32831	258	14	1.000	1.000	NUM
fbem-32831	258	15	(	(	PUNCT
fbem-32831	258	16	0.000	0.000	NUM
fbem-32831	258	17	)	)	PUNCT
fbem-32831	258	18	(	(	PUNCT
fbem-32831	258	19	0.000	0.000	NUM
fbem-32831	258	20	)	)	PUNCT
fbem-32831	258	21	(	(	PUNCT
fbem-32831	258	22	0.000	0.000	NUM
fbem-32831	258	23	)	)	PUNCT
fbem-32831	258	24	(	(	PUNCT
fbem-32831	258	25	0.000	0.000	NUM
fbem-32831	258	26	)	)	PUNCT
fbem-32831	258	27	(	(	PUNCT
fbem-32831	258	28	0.000	0.000	NUM
fbem-32831	258	29	)	)	PUNCT
fbem-32831	258	30	(	(	PUNCT
fbem-32831	258	31	0.000	0.000	NUM
fbem-32831	258	32	)	)	PUNCT
fbem-32831	258	33	(	(	PUNCT
fbem-32831	258	34	0.000	0.000	NUM
fbem-32831	258	35	)	)	PUNCT
fbem-32831	258	36	(	(	PUNCT
fbem-32831	258	37	0.000	0.000	NUM
fbem-32831	258	38	)	)	PUNCT
fbem-32831	258	39	(	(	PUNCT
fbem-32831	258	40	10	10	NUM
fbem-32831	258	41	)	)	PUNCT
fbem-32831	258	42	lag_cash	lag_cash	NOUN
fbem-32831	258	43	0.019	0.019	NUM
fbem-32831	258	44	*	*	NOUN
fbem-32831	258	45	0.010	0.010	NUM
fbem-32831	258	46	*	*	PUNCT
fbem-32831	258	47	0.031	0.031	NUM
fbem-32831	258	48	*	*	NUM
fbem-32831	258	49	0.396	0.396	NUM
fbem-32831	258	50	*	*	PUNCT
fbem-32831	258	51	0.051	0.051	NUM
fbem-32831	258	52	*	*	PUNCT
fbem-32831	258	53	0.049	0.049	NUM
fbem-32831	258	54	*	*	PUNCT
fbem-32831	258	55	0.086	0.086	NUM
fbem-32831	258	56	*	*	NOUN
fbem-32831	258	57	0.086	0.086	NUM
fbem-32831	258	58	*	*	PUNCT
fbem-32831	258	59	-0.037	-0.037	PROPN
fbem-32831	258	60	*	*	SYM
fbem-32831	258	61	1.000	1.000	NUM
fbem-32831	258	62	(	(	PUNCT
fbem-32831	258	63	0.000	0.000	NUM
fbem-32831	258	64	)	)	PUNCT
fbem-32831	258	65	(	(	PUNCT
fbem-32831	258	66	0.026	0.026	NUM
fbem-32831	258	67	)	)	PUNCT
fbem-32831	258	68	(	(	PUNCT
fbem-32831	258	69	0.000	0.000	NUM
fbem-32831	258	70	)	)	PUNCT
fbem-32831	258	71	(	(	PUNCT
fbem-32831	258	72	0.000	0.000	NUM
fbem-32831	258	73	)	)	PUNCT
fbem-32831	258	74	(	(	PUNCT
fbem-32831	258	75	0.000	0.000	NUM
fbem-32831	258	76	)	)	PUNCT
fbem-32831	258	77	(	(	PUNCT
fbem-32831	258	78	0.000	0.000	NUM
fbem-32831	258	79	)	)	PUNCT
fbem-32831	258	80	(	(	PUNCT
fbem-32831	258	81	0.000	0.000	NUM
fbem-32831	258	82	)	)	PUNCT
fbem-32831	258	83	(	(	PUNCT
fbem-32831	258	84	0.000	0.000	NUM
fbem-32831	258	85	)	)	PUNCT
fbem-32831	258	86	(	(	PUNCT
fbem-32831	258	87	0.000	0.000	NUM
fbem-32831	258	88	)	)	PUNCT
fbem-32831	258	89	*	*	PUNCT
fbem-32831	259	1	denotes	denote	NOUN
fbem-32831	259	2	significance	significance	NOUN
fbem-32831	259	3	at	at	ADP
fbem-32831	259	4	the	the	DET
fbem-32831	259	5	5	5	NUM
fbem-32831	259	6	%	%	NOUN
fbem-32831	259	7	level	level	NOUN
fbem-32831	259	8	or	or	CCONJ
fbem-32831	259	9	better	well	ADJ
fbem-32831	259	10	.	.	PUNCT
fbem-32831	260	1	5.3	5.3	NUM
fbem-32831	260	2	.	.	PUNCT
fbem-32831	260	3	benchmark	benchmark	NOUN
fbem-32831	260	4	regression	regression	NOUN
fbem-32831	260	5	analysis	analysis	NOUN
fbem-32831	260	6	table	table	NOUN
fbem-32831	260	7	5	5	NUM
fbem-32831	260	8	-	-	SYM
fbem-32831	260	9	3	3	NUM
fbem-32831	260	10	.	.	PUNCT
fbem-32831	260	11	benchmark	benchmark	NOUN
fbem-32831	260	12	regression	regression	NOUN
fbem-32831	260	13	analysis	analysis	NOUN
fbem-32831	260	14	(	(	PUNCT
fbem-32831	260	15	1	1	NUM
fbem-32831	260	16	)	)	PUNCT
fbem-32831	260	17	(	(	PUNCT
fbem-32831	260	18	2	2	NUM
fbem-32831	260	19	)	)	PUNCT
fbem-32831	260	20	(	(	PUNCT
fbem-32831	260	21	3	3	X
fbem-32831	260	22	)	)	PUNCT
fbem-32831	260	23	(	(	PUNCT
fbem-32831	260	24	4	4	X
fbem-32831	260	25	)	)	PUNCT
fbem-32831	260	26	ncskew	ncskew	NOUN
fbem-32831	260	27	ncskew	ncskew	NOUN
fbem-32831	260	28	duvol	duvol	NOUN
fbem-32831	260	29	duvol	duvol	NOUN
fbem-32831	260	30	clrisk	clrisk	NOUN
fbem-32831	260	31	0.024	0.024	NUM
fbem-32831	260	32	*	*	PUNCT
fbem-32831	260	33	*	*	PUNCT
fbem-32831	260	34	*	*	PUNCT
fbem-32831	260	35	0.028	0.028	NUM
fbem-32831	260	36	*	*	PUNCT
fbem-32831	260	37	*	*	PUNCT
fbem-32831	260	38	*	*	PUNCT
fbem-32831	260	39	0.009	0.009	NUM
fbem-32831	260	40	*	*	PUNCT
fbem-32831	260	41	0.012	0.012	NUM
fbem-32831	260	42	*	*	PUNCT
fbem-32831	260	43	*	*	PUNCT
fbem-32831	260	44	(	(	PUNCT
fbem-32831	260	45	0.007	0.007	NUM
fbem-32831	260	46	)	)	PUNCT
fbem-32831	260	47	(	(	PUNCT
fbem-32831	260	48	0.007	0.007	NUM
fbem-32831	260	49	)	)	PUNCT
fbem-32831	260	50	(	(	PUNCT
fbem-32831	260	51	0.005	0.005	NUM
fbem-32831	260	52	)	)	PUNCT
fbem-32831	260	53	(	(	PUNCT
fbem-32831	260	54	0.005	0.005	NUM
fbem-32831	260	55	)	)	PUNCT
fbem-32831	260	56	lag_roa	lag_roa	NOUN
fbem-32831	260	57	-0.089	-0.089	NOUN
fbem-32831	260	58	-0.061	-0.061	X
fbem-32831	260	59	(	(	PUNCT
fbem-32831	260	60	0.067	0.067	NUM
fbem-32831	260	61	)	)	PUNCT
fbem-32831	260	62	(	(	PUNCT
fbem-32831	260	63	0.045	0.045	NUM
fbem-32831	260	64	)	)	PUNCT
fbem-32831	260	65	lag_growth	lag_growth	NOUN
fbem-32831	260	66	0.014	0.014	NUM
fbem-32831	260	67	*	*	NOUN
fbem-32831	260	68	0.003	0.003	NUM
fbem-32831	260	69	(	(	PUNCT
fbem-32831	260	70	0.008	0.008	NUM
fbem-32831	260	71	)	)	PUNCT
fbem-32831	260	72	(	(	PUNCT
fbem-32831	260	73	0.006	0.006	NUM
fbem-32831	260	74	)	)	PUNCT
fbem-32831	260	75	lag_size	lag_size	VERB
fbem-32831	260	76	0.033	0.033	NUM
fbem-32831	260	77	*	*	PUNCT
fbem-32831	261	1	*	*	PUNCT
fbem-32831	261	2	*	*	PUNCT
fbem-32831	261	3	0.014	0.014	NUM
fbem-32831	261	4	*	*	PUNCT
fbem-32831	261	5	*	*	PUNCT
fbem-32831	261	6	*	*	PUNCT
fbem-32831	261	7	(	(	PUNCT
fbem-32831	261	8	0.007	0.007	NUM
fbem-32831	261	9	)	)	PUNCT
fbem-32831	261	10	(	(	PUNCT
fbem-32831	261	11	0.005	0.005	NUM
fbem-32831	261	12	)	)	PUNCT
fbem-32831	261	13	lag_tobinq	lag_tobinq	ADP
fbem-32831	261	14	0.066	0.066	NUM
fbem-32831	261	15	*	*	PUNCT
fbem-32831	261	16	*	*	PUNCT
fbem-32831	261	17	*	*	PUNCT
fbem-32831	261	18	0.041	0.041	NUM
fbem-32831	261	19	*	*	PUNCT
fbem-32831	261	20	*	*	PUNCT
fbem-32831	261	21	*	*	PUNCT
fbem-32831	261	22	(	(	PUNCT
fbem-32831	261	23	0.004	0.004	NUM
fbem-32831	261	24	)	)	PUNCT
fbem-32831	261	25	(	(	PUNCT
fbem-32831	261	26	0.003	0.003	NUM
fbem-32831	261	27	)	)	PUNCT
fbem-32831	261	28	lag_annual_return	lag_annual_return	NOUN
fbem-32831	261	29	0.061	0.061	NUM
fbem-32831	261	30	*	*	PUNCT
fbem-32831	261	31	*	*	PUNCT
fbem-32831	261	32	*	*	PUNCT
fbem-32831	261	33	0.015	0.015	NUM
fbem-32831	261	34	*	*	PUNCT
fbem-32831	261	35	*	*	PUNCT
fbem-32831	261	36	(	(	PUNCT
fbem-32831	261	37	0.011	0.011	NUM
fbem-32831	261	38	)	)	PUNCT
fbem-32831	261	39	(	(	PUNCT
fbem-32831	261	40	0.007	0.007	NUM
fbem-32831	261	41	)	)	PUNCT
fbem-32831	261	42	lag_volatility	lag_volatility	NOUN
fbem-32831	261	43	-0.002	-0.002	PUNCT
fbem-32831	262	1	*	*	PUNCT
fbem-32831	262	2	*	*	PUNCT
fbem-32831	262	3	*	*	PUNCT
fbem-32831	262	4	-0.001	-0.001	PUNCT
fbem-32831	263	1	*	*	PUNCT
fbem-32831	263	2	*	*	PUNCT
fbem-32831	263	3	*	*	PUNCT
fbem-32831	263	4	(	(	PUNCT
fbem-32831	263	5	0.000	0.000	NUM
fbem-32831	263	6	)	)	PUNCT
fbem-32831	263	7	(	(	PUNCT
fbem-32831	263	8	0.000	0.000	NUM
fbem-32831	263	9	)	)	PUNCT
fbem-32831	263	10	lag_cash	lag_cash	NOUN
fbem-32831	263	11	-0.075	-0.075	PUNCT
fbem-32831	263	12	-0.057	-0.057	PUNCT
fbem-32831	263	13	(	(	PUNCT
fbem-32831	263	14	0.056	0.056	NUM
fbem-32831	263	15	)	)	PUNCT
fbem-32831	263	16	(	(	PUNCT
fbem-32831	263	17	0.038	0.038	NUM
fbem-32831	263	18	)	)	PUNCT
fbem-32831	264	1	_	_	NOUN
fbem-32831	264	2	cons	con	NOUN
fbem-32831	264	3	-0.399	-0.399	VERB
fbem-32831	265	1	*	*	PUNCT
fbem-32831	265	2	*	*	PUNCT
fbem-32831	265	3	*	*	PUNCT
fbem-32831	265	4	-1.200	-1.200	PUNCT
fbem-32831	266	1	*	*	PUNCT
fbem-32831	266	2	*	*	PUNCT
fbem-32831	266	3	*	*	PUNCT
fbem-32831	266	4	-0.231	-0.231	PUNCT
fbem-32831	267	1	*	*	PUNCT
fbem-32831	267	2	*	*	PUNCT
fbem-32831	267	3	*	*	PUNCT
fbem-32831	267	4	-0.595	-0.595	PUNCT
fbem-32831	267	5	*	*	PUNCT
fbem-32831	267	6	*	*	PUNCT
fbem-32831	267	7	*	*	PUNCT
fbem-32831	267	8	(	(	PUNCT
fbem-32831	267	9	0.030	0.030	NUM
fbem-32831	267	10	)	)	PUNCT
fbem-32831	267	11	(	(	PUNCT
fbem-32831	267	12	0.161	0.161	NUM
fbem-32831	267	13	)	)	PUNCT
fbem-32831	267	14	(	(	PUNCT
fbem-32831	267	15	0.021	0.021	NUM
fbem-32831	267	16	)	)	PUNCT
fbem-32831	267	17	(	(	PUNCT
fbem-32831	267	18	0.108	0.108	NUM
fbem-32831	267	19	)	)	PUNCT
fbem-32831	267	20	firm_fe	firm_fe	NOUN
fbem-32831	268	1	yes	yes	INTJ
fbem-32831	268	2	yes	yes	INTJ
fbem-32831	269	1	yes	yes	INTJ
fbem-32831	270	1	yes	yes	INTJ
fbem-32831	270	2	year_fe	year_fe	NOUN
fbem-32831	271	1	yes	yes	INTJ
fbem-32831	272	1	yes	yes	INTJ
fbem-32831	273	1	yes	yes	INTJ
fbem-32831	274	1	yes	yes	INTJ
fbem-32831	274	2	n	n	ADV
fbem-32831	274	3	47562	47562	NUM
fbem-32831	274	4	47562	47562	NUM
fbem-32831	274	5	47562	47562	NUM
fbem-32831	274	6	47562	47562	NUM
fbem-32831	274	7	r2_a	r2_a	NOUN
fbem-32831	274	8	0.073	0.073	NUM
fbem-32831	274	9	0.080	0.080	NUM
fbem-32831	274	10	0.080	0.080	NUM
fbem-32831	274	11	0.086	0.086	NUM
fbem-32831	274	12	f	f	PROPN
fbem-32831	274	13	11.001	11.001	NUM
fbem-32831	274	14	41.592	41.592	NUM
fbem-32831	274	15	3.044	3.044	NUM
fbem-32831	274	16	31.282	31.282	NUM
fbem-32831	274	17	note	note	NOUN
fbem-32831	274	18	:	:	PUNCT
fbem-32831	274	19	the	the	DET
fbem-32831	274	20	standard	standard	ADJ
fbem-32831	274	21	errors	error	NOUN
fbem-32831	274	22	for	for	ADP
fbem-32831	274	23	company	company	NOUN
fbem-32831	274	24	-level	-level	NOUN
fbem-32831	274	25	clustering	clustering	NOUN
fbem-32831	274	26	are	be	AUX
fbem-32831	274	27	shown	show	VERB
fbem-32831	274	28	in	in	ADP
fbem-32831	274	29	brackets	bracket	NOUN
fbem-32831	274	30	.	.	PUNCT
fbem-32831	275	1	*	*	PUNCT
fbem-32831	276	1	*	*	PUNCT
fbem-32831	276	2	*	*	PUNCT
fbem-32831	276	3	,	,	PUNCT
fbem-32831	276	4	*	*	PUNCT
fbem-32831	276	5	*	*	PUNCT
fbem-32831	276	6	and	and	CCONJ
fbem-32831	276	7	*	*	PUNCT
fbem-32831	276	8	denote	denote	NOUN
fbem-32831	276	9	statistical	statistical	ADJ
fbem-32831	276	10	significance	significance	NOUN
fbem-32831	276	11	at	at	ADP
fbem-32831	276	12	the	the	DET
fbem-32831	276	13	1	1	NUM
fbem-32831	276	14	%	%	NOUN
fbem-32831	276	15	,	,	PUNCT
fbem-32831	276	16	5	5	NUM
fbem-32831	276	17	%	%	NOUN
fbem-32831	276	18	and	and	CCONJ
fbem-32831	276	19	10	10	NUM
fbem-32831	276	20	%	%	NOUN
fbem-32831	276	21	levels	level	NOUN
fbem-32831	276	22	respectively	respectively	ADV
fbem-32831	276	23	.	.	PUNCT
fbem-32831	277	1	the	the	DET
fbem-32831	277	2	same	same	ADJ
fbem-32831	277	3	symbols	symbol	NOUN
fbem-32831	277	4	apply	apply	VERB
fbem-32831	277	5	to	to	ADP
fbem-32831	277	6	the	the	DET
fbem-32831	277	7	tables	table	NOUN
fbem-32831	277	8	below	below	ADV
fbem-32831	277	9	.	.	PUNCT
fbem-32831	278	1	29	29	NUM
fbem-32831	278	2	table	table	NOUN
fbem-32831	278	3	5	5	NUM
fbem-32831	278	4	-	-	SYM
fbem-32831	278	5	3	3	NUM
fbem-32831	278	6	presents	present	VERB
fbem-32831	278	7	the	the	DET
fbem-32831	278	8	benchmark	benchmark	NOUN
fbem-32831	278	9	regression	regression	NOUN
fbem-32831	278	10	results	result	NOUN
fbem-32831	278	11	for	for	ADP
fbem-32831	278	12	the	the	DET
fbem-32831	278	13	impact	impact	NOUN
fbem-32831	278	14	of	of	ADP
fbem-32831	278	15	climate	climate	NOUN
fbem-32831	278	16	risk	risk	NOUN
fbem-32831	278	17	on	on	ADP
fbem-32831	278	18	corporate	corporate	ADJ
fbem-32831	278	19	stock	stock	NOUN
fbem-32831	278	20	price	price	NOUN
fbem-32831	278	21	crash	crash	NOUN
fbem-32831	278	22	risk	risk	NOUN
fbem-32831	278	23	.	.	PUNCT
fbem-32831	279	1	the	the	DET
fbem-32831	279	2	core	core	NOUN
fbem-32831	279	3	findings	finding	NOUN
fbem-32831	279	4	are	be	AUX
fbem-32831	279	5	reflected	reflect	VERB
fbem-32831	279	6	in	in	ADP
fbem-32831	279	7	column	column	NOUN
fbem-32831	279	8	(	(	PUNCT
fbem-32831	279	9	2	2	NUM
fbem-32831	279	10	)	)	PUNCT
fbem-32831	279	11	.	.	PUNCT
fbem-32831	280	1	after	after	ADP
fbem-32831	280	2	controlling	control	VERB
fbem-32831	280	3	for	for	ADP
fbem-32831	280	4	a	a	DET
fbem-32831	280	5	range	range	NOUN
fbem-32831	280	6	of	of	ADP
fbem-32831	280	7	factors	factor	NOUN
fbem-32831	280	8	potentially	potentially	ADV
fbem-32831	280	9	influencing	influence	VERB
fbem-32831	280	10	stock	stock	NOUN
fbem-32831	280	11	price	price	NOUN
fbem-32831	280	12	crash	crash	NOUN
fbem-32831	280	13	risk	risk	NOUN
fbem-32831	280	14	,	,	PUNCT
fbem-32831	280	15	the	the	DET
fbem-32831	280	16	coefficient	coefficient	NOUN
fbem-32831	280	17	for	for	ADP
fbem-32831	280	18	climate	climate	NOUN
fbem-32831	280	19	risk	risk	NOUN
fbem-32831	280	20	is	be	AUX
fbem-32831	280	21	statistically	statistically	ADV
fbem-32831	280	22	significant	significant	ADJ
fbem-32831	280	23	at	at	ADP
fbem-32831	280	24	the	the	DET
fbem-32831	280	25	1	1	NUM
fbem-32831	280	26	%	%	NOUN
fbem-32831	280	27	level	level	NOUN
fbem-32831	280	28	.	.	PUNCT
fbem-32831	281	1	this	this	PRON
fbem-32831	281	2	indicates	indicate	VERB
fbem-32831	281	3	that	that	SCONJ
fbem-32831	281	4	for	for	SCONJ
fbem-32831	281	5	each	each	DET
fbem-32831	281	6	unit	unit	NOUN
fbem-32831	281	7	increase	increase	VERB
fbem-32831	281	8	in	in	ADP
fbem-32831	281	9	climate	climate	NOUN
fbem-32831	281	10	risk	risk	NOUN
fbem-32831	281	11	,	,	PUNCT
fbem-32831	281	12	the	the	DET
fbem-32831	281	13	probability	probability	NOUN
fbem-32831	281	14	of	of	ADP
fbem-32831	281	15	extreme	extreme	ADJ
fbem-32831	281	16	negative	negative	ADJ
fbem-32831	281	17	returns	return	NOUN
fbem-32831	281	18	occurring	occur	VERB
fbem-32831	281	19	rises	rise	NOUN
fbem-32831	281	20	by	by	ADP
fbem-32831	281	21	an	an	DET
fbem-32831	281	22	average	average	NOUN
fbem-32831	281	23	of	of	ADP
fbem-32831	281	24	0.028	0.028	NUM
fbem-32831	281	25	.	.	PUNCT
fbem-32831	282	1	similarly	similarly	ADV
fbem-32831	282	2	,	,	PUNCT
fbem-32831	282	3	the	the	DET
fbem-32831	282	4	coefficient	coefficient	NOUN
fbem-32831	282	5	for	for	ADP
fbem-32831	282	6	climate	climate	NOUN
fbem-32831	282	7	risk	risk	NOUN
fbem-32831	282	8	in	in	ADP
fbem-32831	282	9	column	column	NOUN
fbem-32831	282	10	(	(	PUNCT
fbem-32831	282	11	4	4	X
fbem-32831	282	12	)	)	PUNCT
fbem-32831	282	13	is	be	AUX
fbem-32831	282	14	statistically	statistically	ADV
fbem-32831	282	15	significant	significant	ADJ
fbem-32831	282	16	at	at	ADP
fbem-32831	282	17	the	the	DET
fbem-32831	282	18	5	5	NUM
fbem-32831	282	19	%	%	NOUN
fbem-32831	282	20	level	level	NOUN
fbem-32831	282	21	,	,	PUNCT
fbem-32831	282	22	indicating	indicate	VERB
fbem-32831	282	23	that	that	SCONJ
fbem-32831	282	24	for	for	ADP
fbem-32831	282	25	each	each	DET
fbem-32831	282	26	additional	additional	ADJ
fbem-32831	282	27	unit	unit	NOUN
fbem-32831	282	28	of	of	ADP
fbem-32831	282	29	climate	climate	NOUN
fbem-32831	282	30	risk	risk	NOUN
fbem-32831	282	31	,	,	PUNCT
fbem-32831	282	32	the	the	DET
fbem-32831	282	33	gap	gap	NOUN
fbem-32831	282	34	between	between	ADP
fbem-32831	282	35	downside	downside	ADJ
fbem-32831	282	36	return	return	NOUN
fbem-32831	282	37	volatility	volatility	NOUN
fbem-32831	282	38	and	and	CCONJ
fbem-32831	282	39	upside	upside	ADV
fbem-32831	282	40	return	return	VERB
fbem-32831	282	41	volatility	volatility	NOUN
fbem-32831	282	42	increases	increase	NOUN
fbem-32831	282	43	by	by	ADP
fbem-32831	282	44	an	an	DET
fbem-32831	282	45	average	average	NOUN
fbem-32831	282	46	of	of	ADP
fbem-32831	282	47	0.012	0.012	NUM
fbem-32831	282	48	.	.	PUNCT
fbem-32831	283	1	thus	thus	ADV
fbem-32831	283	2	,	,	PUNCT
fbem-32831	283	3	this	this	DET
fbem-32831	283	4	result	result	NOUN
fbem-32831	283	5	imp	imp	VERB
fbem-32831	283	6	lies	lie	NOUN
fbem-32831	283	7	that	that	SCONJ
fbem-32831	283	8	the	the	PRON
fbem-32831	283	9	greater	great	ADJ
fbem-32831	283	10	a	a	DET
fbem-32831	283	11	firm	firm	NOUN
fbem-32831	283	12	's	's	PART
fbem-32831	283	13	exposure	exposure	NOUN
fbem-32831	283	14	to	to	ADP
fbem-32831	283	15	climate	climate	NOUN
fbem-32831	283	16	risk	risk	NOUN
fbem-32831	283	17	,	,	PUNCT
fbem-32831	283	18	the	the	PRON
fbem-32831	283	19	higher	high	ADJ
fbem-32831	283	20	the	the	DET
fbem-32831	283	21	likelihood	likelihood	NOUN
fbem-32831	283	22	of	of	ADP
fbem-32831	283	23	a	a	DET
fbem-32831	283	24	future	future	ADJ
fbem-32831	283	25	stock	stock	NOUN
fbem-32831	283	26	price	price	NOUN
fbem-32831	283	27	crash	crash	NOUN
fbem-32831	283	28	.	.	PUNCT
fbem-32831	284	1	it	it	PRON
fbem-32831	284	2	follows	follow	VERB
fbem-32831	284	3	that	that	SCONJ
fbem-32831	284	4	the	the	DET
fbem-32831	284	5	benchmark	benchmark	NOUN
fbem-32831	284	6	regression	regression	NOUN
fbem-32831	284	7	analysis	analysis	NOUN
fbem-32831	284	8	confirms	confirm	VERB
fbem-32831	284	9	the	the	DET
fbem-32831	284	10	core	core	NOUN
fbem-32831	284	11	hypothesis	hypothesis	NOUN
fbem-32831	284	12	h1	h1	NOUN
fbem-32831	284	13	of	of	ADP
fbem-32831	284	14	this	this	DET
fbem-32831	284	15	paper	paper	NOUN
fbem-32831	284	16	:	:	PUNCT
fbem-32831	284	17	heightened	heighten	VERB
fbem-32831	284	18	climate	climate	NOUN
fbem-32831	284	19	risk	risk	NOUN
fbem-32831	284	20	significantly	significantly	ADV
fbem-32831	284	21	elevates	elevate	VERB
fbem-32831	284	22	a	a	DET
fbem-32831	284	23	firm	firm	NOUN
fbem-32831	284	24	's	's	PART
fbem-32831	284	25	risk	risk	NOUN
fbem-32831	284	26	of	of	ADP
fbem-32831	284	27	stock	stock	NOUN
fbem-32831	284	28	price	price	NOUN
fbem-32831	284	29	collapse	collapse	NOUN
fbem-32831	284	30	.	.	PUNCT
fbem-32831	285	1	this	this	DET
fbem-32831	285	2	effect	effect	NOUN
fbem-32831	285	3	persists	persist	VERB
fbem-32831	285	4	after	after	ADP
fbem-32831	285	5	controlling	control	VERB
fbem-32831	285	6	for	for	ADP
fbem-32831	285	7	multidimensional	multidimensional	ADJ
fbem-32831	285	8	fixed	fix	VERB
fbem-32831	285	9	effects	effect	NOUN
fbem-32831	285	10	and	and	CCONJ
fbem-32831	285	11	a	a	DET
fbem-32831	285	12	range	range	NOUN
fbem-32831	285	13	of	of	ADP
fbem-32831	285	14	firm	firm	ADJ
fbem-32831	285	15	characteristics	characteristic	NOUN
fbem-32831	285	16	,	,	PUNCT
fbem-32831	285	17	and	and	CCONJ
fbem-32831	285	18	does	do	AUX
fbem-32831	285	19	not	not	PART
fbem-32831	285	20	depend	depend	VERB
fbem-32831	285	21	on	on	ADP
fbem-32831	285	22	specific	specific	ADJ
fbem-32831	285	23	collapse	collapse	NOUN
fbem-32831	285	24	risk	risk	NOUN
fbem-32831	285	25	metrics	metric	NOUN
fbem-32831	285	26	.	.	PUNCT
fbem-32831	286	1	5.4	5.4	NUM
fbem-32831	286	2	.	.	PUNCT
fbem-32831	286	3	robustness	robustness	NOUN
fbem-32831	286	4	and	and	CCONJ
fbem-32831	286	5	endogeneity	endogeneity	NOUN
fbem-32831	286	6	tests	test	NOUN
fbem-32831	286	7	to	to	PART
fbem-32831	286	8	ensure	ensure	VERB
fbem-32831	286	9	the	the	DET
fbem-32831	286	10	reliability	reliability	NOUN
fbem-32831	286	11	of	of	ADP
fbem-32831	286	12	the	the	DET
fbem-32831	286	13	benchmark	benchmark	ADJ
fbem-32831	286	14	regression	regression	NOUN
fbem-32831	286	15	conclusions	conclusion	NOUN
fbem-32831	286	16	,	,	PUNCT
fbem-32831	286	17	potential	potential	ADJ
fbem-32831	286	18	confounding	confound	VERB
fbem-32831	286	19	factors	factor	NOUN
fbem-32831	286	20	require	require	VERB
fbem-32831	286	21	systematic	systematic	ADJ
fbem-32831	286	22	treatment	treatment	NOUN
fbem-32831	286	23	.	.	PUNCT
fbem-32831	287	1	this	this	DET
fbem-32831	287	2	section	section	NOUN
fbem-32831	287	3	enhances	enhance	VERB
fbem-32831	287	4	the	the	DET
fbem-32831	287	5	credibility	credibility	NOUN
fbem-32831	287	6	of	of	ADP
fbem-32831	287	7	research	research	NOUN
fbem-32831	287	8	findings	finding	NOUN
fbem-32831	287	9	through	through	ADP
fbem-32831	287	10	a	a	DET
fbem-32831	287	11	series	series	NOUN
fbem-32831	287	12	of	of	ADP
fbem-32831	287	13	rigorous	rigorous	ADJ
fbem-32831	287	14	tests	test	NOUN
fbem-32831	287	15	.	.	PUNCT
fbem-32831	288	1	replace	replace	VERB
fbem-32831	288	2	the	the	DET
fbem-32831	288	3	core	core	ADJ
fbem-32831	288	4	explanatory	explanatory	ADJ
fbem-32831	288	5	variable	variable	NOUN
fbem-32831	288	6	.	.	PUNCT
fbem-32831	289	1	adopt	adopt	VERB
fbem-32831	289	2	the	the	DET
fbem-32831	289	3	relative	relative	ADJ
fbem-32831	289	4	indicator	indicator	NOUN
fbem-32831	289	5	“	"	PUNCT
fbem-32831	289	6	climate	climate	NOUN
fbem-32831	289	7	risk	risk	NOUN
fbem-32831	289	8	expansion	expansion	NOUN
fbem-32831	289	9	terms	term	NOUN
fbem-32831	289	10	as	as	ADP
fbem-32831	289	11	a	a	DET
fbem-32831	289	12	proportion	proportion	NOUN
fbem-32831	289	13	of	of	ADP
fbem-32831	289	14	total	total	ADJ
fbem-32831	289	15	annual	annual	ADJ
fbem-32831	289	16	report	report	NOUN
fbem-32831	289	17	vocabulary	vocabulary	NOUN
fbem-32831	289	18	(	(	PUNCT
fbem-32831	289	19	clrisk_rate	clrisk_rate	NOUN
fbem-32831	289	20	)	)	PUNCT
fbem-32831	289	21	”	"	PUNCT
fbem-32831	289	22	as	as	ADP
fbem-32831	289	23	the	the	DET
fbem-32831	289	24	new	new	ADJ
fbem-32831	289	25	explanatory	explanatory	ADJ
fbem-32831	289	26	variable	variable	NOUN
fbem-32831	289	27	.	.	PUNCT
fbem-32831	290	1	as	as	SCONJ
fbem-32831	290	2	shown	show	VERB
fbem-32831	290	3	in	in	ADP
fbem-32831	290	4	columns	column	NOUN
fbem-32831	290	5	(	(	PUNCT
fbem-32831	290	6	1	1	NUM
fbem-32831	290	7	)	)	PUNCT
fbem-32831	290	8	and	and	CCONJ
fbem-32831	290	9	(	(	PUNCT
fbem-32831	290	10	2	2	X
fbem-32831	290	11	)	)	PUNCT
fbem-32831	290	12	of	of	ADP
fbem-32831	290	13	table	table	NOUN
fbem-32831	290	14	5	5	NUM
fbem-32831	290	15	-	-	SYM
fbem-32831	290	16	4	4	NUM
fbem-32831	290	17	,	,	PUNCT
fbem-32831	290	18	the	the	DET
fbem-32831	290	19	coefficient	coefficient	NOUN
fbem-32831	290	20	for	for	ADP
fbem-32831	290	21	clrisk_rate	clrisk_rate	PROPN
fbem-32831	290	22	is	be	AUX
fbem-32831	290	23	significantly	significantly	ADV
fbem-32831	290	24	positive	positive	ADJ
fbem-32831	290	25	at	at	ADP
fbem-32831	290	26	the	the	DET
fbem-32831	290	27	1	1	NUM
fbem-32831	290	28	%	%	NOUN
fbem-32831	290	29	level	level	NOUN
fbem-32831	290	30	when	when	SCONJ
fbem-32831	290	31	both	both	DET
fbem-32831	290	32	ncskew	ncskew	NOUN
fbem-32831	290	33	and	and	CCONJ
fbem-32831	290	34	duvol	duvol	NOUN
fbem-32831	290	35	are	be	AUX
fbem-32831	290	36	used	use	VERB
fbem-32831	290	37	as	as	ADP
fbem-32831	290	38	dependent	dependent	ADJ
fbem-32831	290	39	variables	variable	NOUN
fbem-32831	290	40	.	.	PUNCT
fbem-32831	291	1	this	this	PRON
fbem-32831	291	2	indicates	indicate	VERB
fbem-32831	291	3	that	that	SCONJ
fbem-32831	291	4	climate	climate	NOUN
fbem-32831	291	5	risk	risk	NOUN
fbem-32831	291	6	measures	measure	NOUN
fbem-32831	291	7	,	,	PUNCT
fbem-32831	291	8	whether	whether	SCONJ
fbem-32831	291	9	based	base	VERB
fbem-32831	291	10	on	on	ADP
fbem-32831	291	11	absolute	absolute	ADJ
fbem-32831	291	12	quantity	quantity	NOUN
fbem-32831	291	13	or	or	CCONJ
fbem-32831	291	14	relative	relative	ADJ
fbem-32831	291	15	frequency	frequency	NOUN
fbem-32831	291	16	,	,	PUNCT
fbem-32831	291	17	amplify	amplify	VERB
fbem-32831	291	18	the	the	DET
fbem-32831	291	19	risk	risk	NOUN
fbem-32831	291	20	of	of	ADP
fbem-32831	291	21	stock	stock	NOUN
fbem-32831	291	22	price	price	NOUN
fbem-32831	291	23	crashes	crash	NOUN
fbem-32831	291	24	.	.	PUNCT
fbem-32831	292	1	replacing	replace	VERB
fbem-32831	292	2	the	the	DET
fbem-32831	292	3	dependent	dependent	ADJ
fbem-32831	292	4	variable	variable	NOUN
fbem-32831	292	5	.	.	PUNCT
fbem-32831	293	1	to	to	PART
fbem-32831	293	2	examine	examine	VERB
fbem-32831	293	3	whether	whether	SCONJ
fbem-32831	293	4	climate	climate	NOUN
fbem-32831	293	5	risk	risk	NOUN
fbem-32831	293	6	increases	increase	VERB
fbem-32831	293	7	the	the	DET
fbem-32831	293	8	probability	probability	NOUN
fbem-32831	293	9	of	of	ADP
fbem-32831	293	10	a	a	DET
fbem-32831	293	11	crash	crash	NOUN
fbem-32831	293	12	event	event	NOUN
fbem-32831	293	13	occurring	occur	VERB
fbem-32831	293	14	,	,	PUNCT
fbem-32831	293	15	a	a	DET
fbem-32831	293	16	binary	binary	ADJ
fbem-32831	293	17	dummy	dummy	ADJ
fbem-32831	293	18	variable	variable	ADJ
fbem-32831	293	19	crash	crash	NOUN
fbem-32831	293	20	was	be	AUX
fbem-32831	293	21	employed	employ	VERB
fbem-32831	293	22	as	as	ADP
fbem-32831	293	23	the	the	DET
fbem-32831	293	24	dependent	dependent	ADJ
fbem-32831	293	25	variable	variable	NOUN
fbem-32831	293	26	in	in	ADP
fbem-32831	293	27	a	a	DET
fbem-32831	293	28	logit	logit	NOUN
fbem-32831	293	29	regression	regression	NOUN
fbem-32831	293	30	.	.	PUNCT
fbem-32831	294	1	as	as	SCONJ
fbem-32831	294	2	shown	show	VERB
fbem-32831	294	3	in	in	ADP
fbem-32831	294	4	column	column	NOUN
fbem-32831	294	5	(	(	PUNCT
fbem-32831	294	6	3	3	NUM
fbem-32831	294	7	)	)	PUNCT
fbem-32831	294	8	of	of	ADP
fbem-32831	294	9	table	table	NOUN
fbem-32831	294	10	5	5	NUM
fbem-32831	294	11	-	-	SYM
fbem-32831	294	12	4	4	NUM
fbem-32831	294	13	,	,	PUNCT
fbem-32831	294	14	the	the	DET
fbem-32831	294	15	coefficient	coefficient	NOUN
fbem-32831	294	16	for	for	ADP
fbem-32831	294	17	clrisk	clrisk	NOUN
fbem-32831	294	18	remains	remain	VERB
fbem-32831	294	19	significantly	significantly	ADV
fbem-32831	294	20	positive	positive	ADJ
fbem-32831	294	21	at	at	ADP
fbem-32831	294	22	the	the	DET
fbem-32831	294	23	1	1	NUM
fbem-32831	294	24	%	%	NOUN
fbem-32831	294	25	level	level	NOUN
fbem-32831	294	26	,	,	PUNCT
fbem-32831	294	27	indicating	indicate	VERB
fbem-32831	294	28	that	that	SCONJ
fbem-32831	294	29	climate	climate	NOUN
fbem-32831	294	30	risk	risk	NOUN
fbem-32831	294	31	substantially	substantially	ADV
fbem-32831	294	32	elevates	elevate	VERB
fbem-32831	294	33	the	the	DET
fbem-32831	294	34	probability	probability	NOUN
fbem-32831	294	35	of	of	ADP
fbem-32831	294	36	a	a	DET
fbem-32831	294	37	company	company	NOUN
fbem-32831	294	38	experiencing	experience	VERB
fbem-32831	294	39	a	a	DET
fbem-32831	294	40	stock	stock	NOUN
fbem-32831	294	41	price	price	NOUN
fbem-32831	294	42	crash	crash	NOUN
fbem-32831	294	43	event	event	NOUN
fbem-32831	294	44	.	.	PUNCT
fbem-32831	295	1	stricter	strict	ADJ
fbem-32831	295	2	fixed	fix	VERB
fbem-32831	295	3	effects	effect	NOUN
fbem-32831	295	4	control	control	NOUN
fbem-32831	295	5	.	.	PUNCT
fbem-32831	296	1	columns	column	NOUN
fbem-32831	296	2	(	(	PUNCT
fbem-32831	296	3	4	4	NUM
fbem-32831	296	4	)	)	PUNCT
fbem-32831	296	5	and	and	CCONJ
fbem-32831	296	6	(	(	PUNCT
fbem-32831	296	7	5	5	NUM
fbem-32831	296	8	)	)	PUNCT
fbem-32831	296	9	of	of	ADP
fbem-32831	296	10	table	table	NOUN
fbem-32831	296	11	5	5	NUM
fbem-32831	296	12	-	-	SYM
fbem-32831	296	13	4	4	NUM
fbem-32831	296	14	incorporate	incorporate	NOUN
fbem-32831	296	15	industry	industry	NOUN
fbem-32831	296	16	×	×	NOUN
fbem-32831	296	17	year	year	NOUN
fbem-32831	296	18	interaction	interaction	NOUN
fbem-32831	296	19	fixed	fix	VERB
fbem-32831	296	20	effects	effect	NOUN
fbem-32831	296	21	.	.	PUNCT
fbem-32831	297	1	this	this	DET
fbem-32831	297	2	specification	specification	NOUN
fbem-32831	297	3	controls	control	VERB
fbem-32831	297	4	for	for	ADP
fbem-32831	297	5	time	time	NOUN
fbem-32831	297	6	-	-	PUNCT
fbem-32831	297	7	varying	vary	VERB
fbem-32831	297	8	,	,	PUNCT
fbem-32831	297	9	industry	industry	NOUN
fbem-32831	297	10	-	-	PUNCT
fbem-32831	297	11	specific	specific	ADJ
fbem-32831	297	12	unobserved	unobserved	ADJ
fbem-32831	297	13	factors	factor	NOUN
fbem-32831	297	14	.	.	PUNCT
fbem-32831	298	1	results	result	NOUN
fbem-32831	298	2	show	show	VERB
fbem-32831	298	3	clrisk	clrisk	NOUN
fbem-32831	298	4	's	's	PART
fbem-32831	298	5	coefficient	coefficient	NOUN
fbem-32831	298	6	remains	remain	VERB
fbem-32831	298	7	robustly	robustly	ADV
fbem-32831	298	8	positive	positive	ADJ
fbem-32831	298	9	at	at	ADP
fbem-32831	298	10	the	the	DET
fbem-32831	298	11	1	1	NUM
fbem-32831	298	12	%	%	NOUN
fbem-32831	298	13	significance	significance	NOUN
fbem-32831	298	14	level	level	NOUN
fbem-32831	298	15	.	.	PUNCT
fbem-32831	299	1	table	table	NOUN
fbem-32831	299	2	5	5	NUM
fbem-32831	299	3	-	-	SYM
fbem-32831	299	4	4	4	NUM
fbem-32831	299	5	.	.	PUNCT
fbem-32831	300	1	robustness	robustness	NOUN
fbem-32831	300	2	test	test	NOUN
fbem-32831	300	3	:	:	PUNCT
fbem-32831	300	4	replacing	replace	VERB
fbem-32831	300	5	core	core	NOUN
fbem-32831	300	6	variables	variable	NOUN
fbem-32831	300	7	and	and	CCONJ
fbem-32831	300	8	strengthening	strengthen	VERB
fbem-32831	300	9	fixed	fix	VERB
fbem-32831	300	10	effects	effect	NOUN
fbem-32831	300	11	(	(	PUNCT
fbem-32831	300	12	1	1	NUM
fbem-32831	300	13	)	)	PUNCT
fbem-32831	300	14	(	(	PUNCT
fbem-32831	300	15	2	2	NUM
fbem-32831	300	16	)	)	PUNCT
fbem-32831	300	17	(	(	PUNCT
fbem-32831	300	18	3	3	X
fbem-32831	300	19	)	)	PUNCT
fbem-32831	300	20	(	(	PUNCT
fbem-32831	300	21	4	4	NUM
fbem-32831	300	22	)	)	PUNCT
fbem-32831	300	23	(	(	PUNCT
fbem-32831	300	24	5	5	X
fbem-32831	300	25	)	)	PUNCT
fbem-32831	300	26	ncskew	ncskew	NOUN
fbem-32831	300	27	duvol	duvol	NOUN
fbem-32831	300	28	crash	crash	NOUN
fbem-32831	300	29	ncskew	ncskew	NOUN
fbem-32831	300	30	duvol	duvol	NOUN
fbem-32831	300	31	clrisk	clrisk	NOUN
fbem-32831	300	32	0.015	0.015	NUM
fbem-32831	300	33	*	*	PUNCT
fbem-32831	300	34	*	*	PUNCT
fbem-32831	300	35	*	*	PUNCT
fbem-32831	301	1	0.028	0.028	NUM
fbem-32831	301	2	*	*	PUNCT
fbem-32831	301	3	*	*	PUNCT
fbem-32831	301	4	*	*	PUNCT
fbem-32831	301	5	0.015	0.015	NUM
fbem-32831	301	6	*	*	PUNCT
fbem-32831	301	7	*	*	PUNCT
fbem-32831	301	8	*	*	PUNCT
fbem-32831	301	9	(	(	PUNCT
fbem-32831	301	10	0.003	0.003	NUM
fbem-32831	301	11	)	)	PUNCT
fbem-32831	301	12	(	(	PUNCT
fbem-32831	301	13	0.007	0.007	NUM
fbem-32831	301	14	)	)	PUNCT
fbem-32831	301	15	(	(	PUNCT
fbem-32831	301	16	0.005	0.005	NUM
fbem-32831	301	17	)	)	PUNCT
fbem-32831	301	18	clrisk_rate	clrisk_rate	VERB
fbem-32831	301	19	0.205	0.205	NUM
fbem-32831	301	20	*	*	PUNCT
fbem-32831	301	21	*	*	PUNCT
fbem-32831	301	22	*	*	PUNCT
fbem-32831	301	23	0.082	0.082	NUM
fbem-32831	301	24	*	*	PUNCT
fbem-32831	301	25	*	*	PUNCT
fbem-32831	301	26	*	*	PUNCT
fbem-32831	301	27	(	(	PUNCT
fbem-32831	301	28	0.041	0.041	NUM
fbem-32831	301	29	)	)	PUNCT
fbem-32831	301	30	(	(	PUNCT
fbem-32831	301	31	0.029	0.029	NUM
fbem-32831	301	32	)	)	PUNCT
fbem-32831	301	33	lag_roa	lag_roa	NOUN
fbem-32831	301	34	-0.094	-0.094	NOUN
fbem-32831	301	35	-0.063	-0.063	NOUN
fbem-32831	301	36	-0.035	-0.035	X
fbem-32831	301	37	-0.117	-0.117	PROPN
fbem-32831	301	38	*	*	PUNCT
fbem-32831	301	39	-0.071	-0.071	X
fbem-32831	301	40	(	(	PUNCT
fbem-32831	301	41	0.067	0.067	NUM
fbem-32831	301	42	)	)	PUNCT
fbem-32831	301	43	(	(	PUNCT
fbem-32831	301	44	0.045	0.045	NUM
fbem-32831	301	45	)	)	PUNCT
fbem-32831	301	46	(	(	PUNCT
fbem-32831	301	47	0.030	0.030	NUM
fbem-32831	301	48	)	)	PUNCT
fbem-32831	301	49	(	(	PUNCT
fbem-32831	301	50	0.068	0.068	NUM
fbem-32831	301	51	)	)	PUNCT
fbem-32831	301	52	(	(	PUNCT
fbem-32831	301	53	0.046	0.046	NUM
fbem-32831	301	54	)	)	PUNCT
fbem-32831	301	55	lag_growth	lag_growth	NOUN
fbem-32831	301	56	0.014	0.014	NUM
fbem-32831	301	57	*	*	NOUN
fbem-32831	301	58	0.003	0.003	NUM
fbem-32831	301	59	0.003	0.003	NUM
fbem-32831	301	60	0.014	0.014	NUM
fbem-32831	301	61	0.003	0.003	NUM
fbem-32831	301	62	(	(	PUNCT
fbem-32831	301	63	0.008	0.008	NUM
fbem-32831	301	64	)	)	PUNCT
fbem-32831	301	65	(	(	PUNCT
fbem-32831	301	66	0.006	0.006	NUM
fbem-32831	301	67	)	)	PUNCT
fbem-32831	301	68	(	(	PUNCT
fbem-32831	301	69	0.004	0.004	NUM
fbem-32831	301	70	)	)	PUNCT
fbem-32831	301	71	(	(	PUNCT
fbem-32831	301	72	0.009	0.009	NUM
fbem-32831	301	73	)	)	PUNCT
fbem-32831	301	74	(	(	PUNCT
fbem-32831	301	75	0.006	0.006	NUM
fbem-32831	301	76	)	)	PUNCT
fbem-32831	301	77	lag_size	lag_size	VERB
fbem-32831	301	78	0.034	0.034	NUM
fbem-32831	301	79	*	*	PUNCT
fbem-32831	302	1	*	*	PUNCT
fbem-32831	302	2	*	*	PUNCT
fbem-32831	302	3	0.015	0.015	NUM
fbem-32831	302	4	*	*	PUNCT
fbem-32831	302	5	*	*	PUNCT
fbem-32831	302	6	*	*	PUNCT
fbem-32831	302	7	-0.003	-0.003	NOUN
fbem-32831	302	8	0.039	0.039	NUM
fbem-32831	302	9	*	*	PUNCT
fbem-32831	302	10	*	*	PUNCT
fbem-32831	302	11	*	*	PUNCT
fbem-32831	302	12	0.017	0.017	NUM
fbem-32831	302	13	*	*	PUNCT
fbem-32831	302	14	*	*	PUNCT
fbem-32831	302	15	*	*	PUNCT
fbem-32831	302	16	(	(	PUNCT
fbem-32831	302	17	0.007	0.007	NUM
fbem-32831	302	18	)	)	PUNCT
fbem-32831	302	19	(	(	PUNCT
fbem-32831	302	20	0.005	0.005	NUM
fbem-32831	302	21	)	)	PUNCT
fbem-32831	302	22	(	(	PUNCT
fbem-32831	302	23	0.003	0.003	NUM
fbem-32831	302	24	)	)	PUNCT
fbem-32831	302	25	(	(	PUNCT
fbem-32831	302	26	0.008	0.008	NUM
fbem-32831	302	27	)	)	PUNCT
fbem-32831	302	28	(	(	PUNCT
fbem-32831	302	29	0.005	0.005	NUM
fbem-32831	302	30	)	)	PUNCT
fbem-32831	302	31	lag_tobinq	lag_tobinq	ADP
fbem-32831	302	32	0.066	0.066	NUM
fbem-32831	302	33	*	*	PUNCT
fbem-32831	303	1	*	*	PUNCT
fbem-32831	303	2	*	*	PUNCT
fbem-32831	303	3	0.041	0.041	NUM
fbem-32831	303	4	*	*	PUNCT
fbem-32831	303	5	*	*	PUNCT
fbem-32831	303	6	*	*	PUNCT
fbem-32831	304	1	0.010	0.010	NUM
fbem-32831	304	2	*	*	PUNCT
fbem-32831	304	3	*	*	PUNCT
fbem-32831	304	4	*	*	PUNCT
fbem-32831	304	5	0.069	0.069	NUM
fbem-32831	304	6	*	*	PUNCT
fbem-32831	304	7	*	*	PUNCT
fbem-32831	304	8	*	*	PUNCT
fbem-32831	304	9	0.043	0.043	NUM
fbem-32831	304	10	*	*	PUNCT
fbem-32831	304	11	*	*	PUNCT
fbem-32831	304	12	*	*	PUNCT
fbem-32831	304	13	(	(	PUNCT
fbem-32831	304	14	0.004	0.004	NUM
fbem-32831	304	15	)	)	PUNCT
fbem-32831	304	16	(	(	PUNCT
fbem-32831	304	17	0.003	0.003	NUM
fbem-32831	304	18	)	)	PUNCT
fbem-32831	304	19	(	(	PUNCT
fbem-32831	304	20	0.002	0.002	NUM
fbem-32831	304	21	)	)	PUNCT
fbem-32831	304	22	(	(	PUNCT
fbem-32831	304	23	0.004	0.004	NUM
fbem-32831	304	24	)	)	PUNCT
fbem-32831	304	25	(	(	PUNCT
fbem-32831	304	26	0.003	0.003	NUM
fbem-32831	304	27	)	)	PUNCT
fbem-32831	304	28	lag_annual_return	lag_annual_return	NOUN
fbem-32831	304	29	0.061	0.061	NUM
fbem-32831	304	30	*	*	PUNCT
fbem-32831	304	31	*	*	PUNCT
fbem-32831	305	1	*	*	PUNCT
fbem-32831	305	2	0.014	0.014	NUM
fbem-32831	305	3	*	*	PUNCT
fbem-32831	305	4	-0.016	-0.016	PUNCT
fbem-32831	306	1	*	*	PUNCT
fbem-32831	306	2	*	*	PUNCT
fbem-32831	306	3	*	*	PUNCT
fbem-32831	306	4	0.052	0.052	NUM
fbem-32831	306	5	*	*	PUNCT
fbem-32831	306	6	*	*	PUNCT
fbem-32831	306	7	*	*	PUNCT
fbem-32831	306	8	0.008	0.008	NUM
fbem-32831	306	9	(	(	PUNCT
fbem-32831	306	10	0.011	0.011	NUM
fbem-32831	306	11	)	)	PUNCT
fbem-32831	306	12	(	(	PUNCT
fbem-32831	306	13	0.007	0.007	NUM
fbem-32831	306	14	)	)	PUNCT
fbem-32831	306	15	(	(	PUNCT
fbem-32831	306	16	0.005	0.005	NUM
fbem-32831	306	17	)	)	PUNCT
fbem-32831	306	18	(	(	PUNCT
fbem-32831	306	19	0.011	0.011	NUM
fbem-32831	306	20	)	)	PUNCT
fbem-32831	306	21	(	(	PUNCT
fbem-32831	306	22	0.008	0.008	NUM
fbem-32831	306	23	)	)	PUNCT
fbem-32831	306	24	lag_volatility	lag_volatility	NOUN
fbem-32831	306	25	-0.002	-0.002	PUNCT
fbem-32831	307	1	*	*	PUNCT
fbem-32831	307	2	*	*	PUNCT
fbem-32831	307	3	*	*	PUNCT
fbem-32831	307	4	-0.001	-0.001	PUNCT
fbem-32831	308	1	*	*	PUNCT
fbem-32831	308	2	*	*	PUNCT
fbem-32831	308	3	*	*	PUNCT
fbem-32831	308	4	-0.000	-0.000	PUNCT
fbem-32831	309	1	*	*	PUNCT
fbem-32831	309	2	*	*	PUNCT
fbem-32831	309	3	*	*	PUNCT
fbem-32831	309	4	-0.002	-0.002	PUNCT
fbem-32831	309	5	*	*	PUNCT
fbem-32831	309	6	*	*	PUNCT
fbem-32831	309	7	*	*	PUNCT
fbem-32831	309	8	-0.001	-0.001	PUNCT
fbem-32831	310	1	*	*	PUNCT
fbem-32831	310	2	*	*	PUNCT
fbem-32831	310	3	*	*	PUNCT
fbem-32831	310	4	(	(	PUNCT
fbem-32831	310	5	0.000	0.000	NUM
fbem-32831	310	6	)	)	PUNCT
fbem-32831	310	7	(	(	PUNCT
fbem-32831	310	8	0.000	0.000	NUM
fbem-32831	310	9	)	)	PUNCT
fbem-32831	310	10	(	(	PUNCT
fbem-32831	310	11	0.000	0.000	NUM
fbem-32831	310	12	)	)	PUNCT
fbem-32831	310	13	(	(	PUNCT
fbem-32831	310	14	0.000	0.000	NUM
fbem-32831	310	15	)	)	PUNCT
fbem-32831	310	16	(	(	PUNCT
fbem-32831	310	17	0.000	0.000	NUM
fbem-32831	310	18	)	)	PUNCT
fbem-32831	310	19	lag_cash	lag_cash	NOUN
fbem-32831	310	20	-0.079	-0.079	PUNCT
fbem-32831	310	21	-0.059	-0.059	PUNCT
fbem-32831	311	1	-0.015	-0.015	PUNCT
fbem-32831	311	2	-0.056	-0.056	PROPN
fbem-32831	311	3	-0.044	-0.044	PROPN
fbem-32831	311	4	(	(	PUNCT
fbem-32831	311	5	0.056	0.056	NUM
fbem-32831	311	6	)	)	PUNCT
fbem-32831	311	7	(	(	PUNCT
fbem-32831	311	8	0.038	0.038	NUM
fbem-32831	311	9	)	)	PUNCT
fbem-32831	311	10	(	(	PUNCT
fbem-32831	311	11	0.024	0.024	NUM
fbem-32831	311	12	)	)	PUNCT
fbem-32831	311	13	(	(	PUNCT
fbem-32831	311	14	0.057	0.057	NUM
fbem-32831	311	15	)	)	PUNCT
fbem-32831	311	16	(	(	PUNCT
fbem-32831	311	17	0.038	0.038	NUM
fbem-32831	311	18	)	)	PUNCT
fbem-32831	312	1	_	_	NOUN
fbem-32831	312	2	cons	con	NOUN
fbem-32831	312	3	-1.138	-1.138	PUNCT
fbem-32831	312	4	*	*	PUNCT
fbem-32831	312	5	*	*	PUNCT
fbem-32831	312	6	*	*	PUNCT
fbem-32831	312	7	-0.571	-0.571	PUNCT
fbem-32831	313	1	*	*	PUNCT
fbem-32831	313	2	*	*	PUNCT
fbem-32831	313	3	*	*	X
fbem-32831	313	4	0.109	0.109	NUM
fbem-32831	313	5	-1.352	-1.352	X
fbem-32831	314	1	*	*	PUNCT
fbem-32831	314	2	*	*	PUNCT
fbem-32831	314	3	*	*	PUNCT
fbem-32831	314	4	-0.677	-0.677	PUNCT
fbem-32831	315	1	*	*	PUNCT
fbem-32831	315	2	*	*	PUNCT
fbem-32831	315	3	*	*	PUNCT
fbem-32831	315	4	(	(	PUNCT
fbem-32831	315	5	0.161	0.161	NUM
fbem-32831	315	6	)	)	PUNCT
fbem-32831	315	7	(	(	PUNCT
fbem-32831	315	8	0.108	0.108	NUM
fbem-32831	315	9	)	)	PUNCT
fbem-32831	315	10	(	(	PUNCT
fbem-32831	315	11	0.067	0.067	NUM
fbem-32831	315	12	)	)	PUNCT
fbem-32831	315	13	(	(	PUNCT
fbem-32831	315	14	0.166	0.166	NUM
fbem-32831	315	15	)	)	PUNCT
fbem-32831	315	16	(	(	PUNCT
fbem-32831	315	17	0.111	0.111	NUM
fbem-32831	315	18	)	)	PUNCT
fbem-32831	315	19	firm_fe	firm_fe	NOUN
fbem-32831	316	1	yes	yes	INTJ
fbem-32831	317	1	yes	yes	INTJ
fbem-32831	318	1	yes	yes	INTJ
fbem-32831	319	1	yes	yes	INTJ
fbem-32831	320	1	yes	yes	INTJ
fbem-32831	320	2	year_fe	year_fe	NOUN
fbem-32831	321	1	yes	yes	INTJ
fbem-32831	322	1	yes	yes	INTJ
fbem-32831	323	1	yes	yes	INTJ
fbem-32831	324	1	yes	yes	INTJ
fbem-32831	325	1	yes	yes	INTJ
fbem-32831	326	1	industry_fe×year_fe	industry_fe×year_fe	INTJ
fbem-32831	327	1	no	no	INTJ
fbem-32831	327	2	no	no	INTJ
fbem-32831	328	1	no	no	INTJ
fbem-32831	329	1	yes	yes	INTJ
fbem-32831	330	1	yes	yes	INTJ
fbem-32831	331	1	n	n	CCONJ
fbem-32831	331	2	47562	47562	NUM
fbem-32831	331	3	47562	47562	NUM
fbem-32831	331	4	47562	47562	NUM
fbem-32831	331	5	47562	47562	NUM
fbem-32831	331	6	47562	47562	NUM
fbem-32831	331	7	r2_a	r2_a	NOUN
fbem-32831	331	8	0.080	0.080	NUM
fbem-32831	331	9	0.086	0.086	NUM
fbem-32831	331	10	0.036	0.036	NUM
fbem-32831	331	11	0.089	0.089	NUM
fbem-32831	331	12	0.095	0.095	NUM
fbem-32831	331	13	f	f	PROPN
fbem-32831	331	14	42.573	42.573	NUM
fbem-32831	331	15	31.433	31.433	NUM
fbem-32831	331	16	14.318	14.318	NUM
fbem-32831	331	17	41.078	41.078	NUM
fbem-32831	331	18	31.963	31.963	NUM
fbem-32831	331	19	propensity	propensity	NOUN
fbem-32831	331	20	score	score	NOUN
fbem-32831	331	21	matching	matching	NOUN
fbem-32831	331	22	(	(	PUNCT
fbem-32831	331	23	psm	psm	NOUN
fbem-32831	331	24	)	)	PUNCT
fbem-32831	331	25	.	.	PUNCT
fbem-32831	332	1	using	use	VERB
fbem-32831	332	2	the	the	DET
fbem-32831	332	3	median	median	ADJ
fbem-32831	332	4	clrisk	clrisk	NOUN
fbem-32831	332	5	value	value	NOUN
fbem-32831	332	6	as	as	ADP
fbem-32831	332	7	a	a	DET
fbem-32831	332	8	threshold	threshold	NOUN
fbem-32831	332	9	,	,	PUNCT
fbem-32831	332	10	a	a	DET
fbem-32831	332	11	treatment	treatment	NOUN
fbem-32831	332	12	group	group	NOUN
fbem-32831	332	13	(	(	PUNCT
fbem-32831	332	14	high	high	ADJ
fbem-32831	332	15	risk	risk	NOUN
fbem-32831	332	16	)	)	PUNCT
fbem-32831	332	17	and	and	CCONJ
fbem-32831	332	18	a	a	DET
fbem-32831	332	19	control	control	NOUN
fbem-32831	332	20	group	group	NOUN
fbem-32831	332	21	(	(	PUNCT
fbem-32831	332	22	low	low	ADJ
fbem-32831	332	23	risk	risk	NOUN
fbem-32831	332	24	)	)	PUNCT
fbem-32831	332	25	were	be	AUX
fbem-32831	332	26	constructed	construct	VERB
fbem-32831	332	27	.	.	PUNCT
fbem-32831	333	1	a	a	DET
fbem-32831	333	2	series	series	NOUN
fbem-32831	333	3	of	of	ADP
fbem-32831	333	4	firm	firm	ADJ
fbem-32831	333	5	characteristics	characteristic	NOUN
fbem-32831	333	6	(	(	PUNCT
fbem-32831	333	7	i.e.	i.e.	X
fbem-32831	333	8	,	,	PUNCT
fbem-32831	333	9	all	all	PRON
fbem-32831	333	10	control	control	NOUN
fbem-32831	333	11	variables	variable	NOUN
fbem-32831	333	12	in	in	ADP
fbem-32831	333	13	the	the	DET
fbem-32831	333	14	model	model	NOUN
fbem-32831	333	15	)	)	PUNCT
fbem-32831	333	16	were	be	AUX
fbem-32831	333	17	employed	employ	VERB
fbem-32831	333	18	as	as	ADP
fbem-32831	333	19	matching	match	VERB
fbem-32831	333	20	covariates	covariate	NOUN
fbem-32831	333	21	for	for	ADP
fbem-32831	333	22	1:1	1:1	NUM
fbem-32831	333	23	nearest	near	ADJ
fbem-32831	333	24	neighbour	neighbour	ADJ
fbem-32831	333	25	matching	matching	NOUN
fbem-32831	333	26	.	.	PUNCT
fbem-32831	334	1	regression	regression	NOUN
fbem-32831	334	2	was	be	AUX
fbem-32831	334	3	re	re	VERB
fbem-32831	334	4	-	-	VERB
fbem-32831	334	5	run	run	VERB
fbem-32831	334	6	on	on	ADP
fbem-32831	334	7	the	the	DET
fbem-32831	334	8	matched	match	VERB
fbem-32831	334	9	sample	sample	NOUN
fbem-32831	334	10	.	.	PUNCT
fbem-32831	335	1	30	30	NUM
fbem-32831	335	2	columns	column	NOUN
fbem-32831	335	3	(	(	PUNCT
fbem-32831	335	4	1	1	NUM
fbem-32831	335	5	)	)	PUNCT
fbem-32831	335	6	and	and	CCONJ
fbem-32831	335	7	(	(	PUNCT
fbem-32831	335	8	2	2	X
fbem-32831	335	9	)	)	PUNCT
fbem-32831	335	10	in	in	ADP
fbem-32831	335	11	table	table	NOUN
fbem-32831	335	12	5	5	NUM
fbem-32831	335	13	-	-	SYM
fbem-32831	335	14	5	5	NUM
fbem-32831	335	15	show	show	VERB
fbem-32831	335	16	that	that	SCONJ
fbem-32831	335	17	the	the	DET
fbem-32831	335	18	coefficient	coefficient	NOUN
fbem-32831	335	19	for	for	ADP
fbem-32831	335	20	clrisk	clrisk	NOUN
fbem-32831	335	21	remains	remain	VERB
fbem-32831	335	22	significantly	significantly	ADV
fbem-32831	335	23	positive	positive	ADJ
fbem-32831	335	24	.	.	PUNCT
fbem-32831	336	1	this	this	PRON
fbem-32831	336	2	indicates	indicate	VERB
fbem-32831	336	3	that	that	SCONJ
fbem-32831	336	4	after	after	ADP
fbem-32831	336	5	controlling	control	VERB
fbem-32831	336	6	for	for	ADP
fbem-32831	336	7	observable	observable	ADJ
fbem-32831	336	8	systematic	systematic	ADJ
fbem-32831	336	9	differences	difference	NOUN
fbem-32831	336	10	,	,	PUNCT
fbem-32831	336	11	the	the	DET
fbem-32831	336	12	impact	impact	NOUN
fbem-32831	336	13	of	of	ADP
fbem-32831	336	14	climate	climate	NOUN
fbem-32831	336	15	risk	risk	NOUN
fbem-32831	336	16	on	on	ADP
fbem-32831	336	17	stock	stock	NOUN
fbem-32831	336	18	price	price	NOUN
fbem-32831	336	19	crashes	crash	NOUN
fbem-32831	336	20	persists	persist	VERB
fbem-32831	336	21	.	.	PUNCT
fbem-32831	337	1	exclusion	exclusion	NOUN
fbem-32831	337	2	of	of	ADP
fbem-32831	337	3	the	the	DET
fbem-32831	337	4	covid-19	covid-19	PROPN
fbem-32831	337	5	pandemic	pandemic	ADJ
fbem-32831	337	6	shock	shock	NOUN
fbem-32831	337	7	.	.	PUNCT
fbem-32831	338	1	the	the	DET
fbem-32831	338	2	global	global	ADJ
fbem-32831	338	3	covid-19	covid-19	PROPN
fbem-32831	338	4	pandemic	pandemic	ADJ
fbem-32831	338	5	beginning	beginning	NOUN
fbem-32831	338	6	in	in	ADP
fbem-32831	338	7	2020	2020	NUM
fbem-32831	338	8	inflicted	inflict	VERB
fbem-32831	338	9	substantial	substantial	ADJ
fbem-32831	338	10	disruption	disruption	NOUN
fbem-32831	338	11	on	on	ADP
fbem-32831	338	12	global	global	ADJ
fbem-32831	338	13	supply	supply	NOUN
fbem-32831	338	14	chains	chain	NOUN
fbem-32831	338	15	and	and	CCONJ
fbem-32831	338	16	capital	capital	NOUN
fbem-32831	338	17	markets	market	NOUN
fbem-32831	338	18	,	,	PUNCT
fbem-32831	338	19	potentially	potentially	ADV
fbem-32831	338	20	obscuring	obscure	VERB
fbem-32831	338	21	the	the	DET
fbem-32831	338	22	true	true	ADJ
fbem-32831	338	23	impact	impact	NOUN
fbem-32831	338	24	of	of	ADP
fbem-32831	338	25	climate	climate	NOUN
fbem-32831	338	26	risk	risk	NOUN
fbem-32831	338	27	.	.	PUNCT
fbem-32831	339	1	to	to	PART
fbem-32831	339	2	address	address	VERB
fbem-32831	339	3	this	this	PRON
fbem-32831	339	4	,	,	PUNCT
fbem-32831	339	5	data	datum	NOUN
fbem-32831	339	6	from	from	ADP
fbem-32831	339	7	2020	2020	NUM
fbem-32831	339	8	onwards	onward	NOUN
fbem-32831	339	9	was	be	AUX
fbem-32831	339	10	excluded	exclude	VERB
fbem-32831	339	11	,	,	PUNCT
fbem-32831	339	12	with	with	ADP
fbem-32831	339	13	regression	regression	NOUN
fbem-32831	339	14	conducted	conduct	VERB
fbem-32831	339	15	solely	solely	ADV
fbem-32831	339	16	on	on	ADP
fbem-32831	339	17	the	the	DET
fbem-32831	339	18	pre	pre	ADJ
fbem-32831	339	19	-	-	ADJ
fbem-32831	339	20	pandemic	pandemic	ADJ
fbem-32831	339	21	sample	sample	NOUN
fbem-32831	339	22	.	.	PUNCT
fbem-32831	340	1	as	as	SCONJ
fbem-32831	340	2	shown	show	VERB
fbem-32831	340	3	in	in	ADP
fbem-32831	340	4	columns	column	NOUN
fbem-32831	340	5	(	(	PUNCT
fbem-32831	340	6	3	3	NUM
fbem-32831	340	7	)	)	PUNCT
fbem-32831	340	8	and	and	CCONJ
fbem-32831	340	9	(	(	PUNCT
fbem-32831	340	10	4	4	X
fbem-32831	340	11	)	)	PUNCT
fbem-32831	340	12	of	of	ADP
fbem-32831	340	13	table	table	NOUN
fbem-32831	340	14	5	5	NUM
fbem-32831	340	15	-5	-5	NOUN
fbem-32831	340	16	,	,	PUNCT
fbem-32831	340	17	within	within	ADP
fbem-32831	340	18	the	the	DET
fbem-32831	340	19	prepandemic	prepandemic	ADJ
fbem-32831	340	20	sample	sample	NOUN
fbem-32831	340	21	,	,	PUNCT
fbem-32831	340	22	clrisk	clrisk	NOUN
fbem-32831	340	23	's	's	PART
fbem-32831	340	24	coefficient	coefficient	NOUN
fbem-32831	340	25	not	not	PART
fbem-32831	340	26	only	only	ADV
fbem-32831	340	27	remains	remain	VERB
fbem-32831	340	28	significantly	significantly	ADV
fbem-32831	340	29	positive	positive	ADJ
fbem-32831	340	30	but	but	CCONJ
fbem-32831	340	31	exhibits	exhibit	VERB
fbem-32831	340	32	an	an	DET
fbem-32831	340	33	even	even	ADV
fbem-32831	340	34	greater	great	ADJ
fbem-32831	340	35	absolute	absolute	ADJ
fbem-32831	340	36	value	value	NOUN
fbem-32831	340	37	.	.	PUNCT
fbem-32831	341	1	this	this	PRON
fbem-32831	341	2	indicates	indicate	VERB
fbem-32831	341	3	that	that	SCONJ
fbem-32831	341	4	the	the	DET
fbem-32831	341	5	findings	finding	NOUN
fbem-32831	341	6	of	of	ADP
fbem-32831	341	7	this	this	DET
fbem-32831	341	8	paper	paper	NOUN
fbem-32831	341	9	are	be	AUX
fbem-32831	341	10	not	not	PART
fbem-32831	341	11	driven	drive	VERB
fbem-32831	341	12	by	by	ADP
fbem-32831	341	13	the	the	DET
fbem-32831	341	14	external	external	ADJ
fbem-32831	341	15	shock	shock	NOUN
fbem-32831	341	16	of	of	ADP
fbem-32831	341	17	the	the	DET
fbem-32831	341	18	pandemic	pandemic	NOUN
fbem-32831	341	19	as	as	ADP
fbem-32831	341	20	a	a	DET
fbem-32831	341	21	special	special	ADJ
fbem-32831	341	22	period	period	NOUN
fbem-32831	341	23	.	.	PUNCT
fbem-32831	342	1	table	table	NOUN
fbem-32831	342	2	5	5	NUM
fbem-32831	342	3	-	-	SYM
fbem-32831	342	4	5	5	NUM
fbem-32831	342	5	.	.	PUNCT
fbem-32831	343	1	robustness	robustness	NOUN
fbem-32831	343	2	test	test	NOUN
fbem-32831	343	3	:	:	PUNCT
fbem-32831	343	4	overcoming	overcome	VERB
fbem-32831	343	5	sample	sample	NOUN
fbem-32831	343	6	self	self	NOUN
fbem-32831	343	7	-	-	PUNCT
fbem-32831	343	8	selection	selection	NOUN
fbem-32831	343	9	and	and	CCONJ
fbem-32831	343	10	excluding	exclude	VERB
fbem-32831	343	11	external	external	ADJ
fbem-32831	343	12	shocks	shock	NOUN
fbem-32831	343	13	(	(	PUNCT
fbem-32831	343	14	1	1	NUM
fbem-32831	343	15	)	)	PUNCT
fbem-32831	343	16	(	(	PUNCT
fbem-32831	343	17	2	2	NUM
fbem-32831	343	18	)	)	PUNCT
fbem-32831	343	19	(	(	PUNCT
fbem-32831	343	20	3	3	X
fbem-32831	343	21	)	)	PUNCT
fbem-32831	343	22	(	(	PUNCT
fbem-32831	343	23	4	4	X
fbem-32831	343	24	)	)	PUNCT
fbem-32831	343	25	ncskew	ncskew	NOUN
fbem-32831	343	26	duvol	duvol	NOUN
fbem-32831	343	27	ncskew	ncskew	NOUN
fbem-32831	343	28	duvol	duvol	NOUN
fbem-32831	343	29	clrisk	clrisk	NOUN
fbem-32831	343	30	0.025	0.025	NUM
fbem-32831	343	31	*	*	PUNCT
fbem-32831	343	32	*	*	PUNCT
fbem-32831	344	1	*	*	PUNCT
fbem-32831	344	2	0.009	0.009	NUM
fbem-32831	344	3	*	*	PUNCT
fbem-32831	344	4	0.034	0.034	NUM
fbem-32831	344	5	*	*	PUNCT
fbem-32831	344	6	*	*	PUNCT
fbem-32831	344	7	*	*	PUNCT
fbem-32831	345	1	0.018	0.018	NUM
fbem-32831	345	2	*	*	PUNCT
fbem-32831	345	3	*	*	PUNCT
fbem-32831	345	4	*	*	PUNCT
fbem-32831	345	5	(	(	PUNCT
fbem-32831	345	6	0.008	0.008	NUM
fbem-32831	345	7	)	)	PUNCT
fbem-32831	345	8	(	(	PUNCT
fbem-32831	345	9	0.005	0.005	NUM
fbem-32831	345	10	)	)	PUNCT
fbem-32831	345	11	(	(	PUNCT
fbem-32831	345	12	0.009	0.009	NUM
fbem-32831	345	13	)	)	PUNCT
fbem-32831	345	14	(	(	PUNCT
fbem-32831	345	15	0.006	0.006	NUM
fbem-32831	345	16	)	)	PUNCT
fbem-32831	345	17	lag_roa	lag_roa	NOUN
fbem-32831	345	18	-0.085	-0.085	NUM
fbem-32831	345	19	-0.056	-0.056	PUNCT
fbem-32831	345	20	-0.232	-0.232	PUNCT
fbem-32831	346	1	*	*	PUNCT
fbem-32831	346	2	*	*	PUNCT
fbem-32831	346	3	-0.169	-0.169	PUNCT
fbem-32831	347	1	*	*	PUNCT
fbem-32831	347	2	*	*	PUNCT
fbem-32831	347	3	*	*	PUNCT
fbem-32831	347	4	(	(	PUNCT
fbem-32831	347	5	0.074	0.074	NUM
fbem-32831	347	6	)	)	PUNCT
fbem-32831	347	7	(	(	PUNCT
fbem-32831	347	8	0.048	0.048	NUM
fbem-32831	347	9	)	)	PUNCT
fbem-32831	347	10	(	(	PUNCT
fbem-32831	347	11	0.095	0.095	NUM
fbem-32831	347	12	)	)	PUNCT
fbem-32831	347	13	(	(	PUNCT
fbem-32831	347	14	0.063	0.063	NUM
fbem-32831	347	15	)	)	PUNCT
fbem-32831	347	16	lag_growth	lag_growth	VERB
fbem-32831	347	17	0.013	0.013	NUM
fbem-32831	347	18	0.003	0.003	NUM
fbem-32831	347	19	0.007	0.007	NUM
fbem-32831	347	20	-0.002	-0.002	PUNCT
fbem-32831	347	21	(	(	PUNCT
fbem-32831	347	22	0.009	0.009	NUM
fbem-32831	347	23	)	)	PUNCT
fbem-32831	347	24	(	(	PUNCT
fbem-32831	347	25	0.006	0.006	NUM
fbem-32831	347	26	)	)	PUNCT
fbem-32831	347	27	(	(	PUNCT
fbem-32831	347	28	0.011	0.011	NUM
fbem-32831	347	29	)	)	PUNCT
fbem-32831	347	30	(	(	PUNCT
fbem-32831	347	31	0.007	0.007	NUM
fbem-32831	347	32	)	)	PUNCT
fbem-32831	347	33	lag_size	lag_size	VERB
fbem-32831	347	34	0.033	0.033	NUM
fbem-32831	347	35	*	*	PUNCT
fbem-32831	347	36	*	*	PUNCT
fbem-32831	347	37	*	*	PUNCT
fbem-32831	347	38	0.014	0.014	NUM
fbem-32831	347	39	*	*	PUNCT
fbem-32831	347	40	*	*	PUNCT
fbem-32831	347	41	*	*	PUNCT
fbem-32831	347	42	0.092	0.092	NUM
fbem-32831	347	43	*	*	PUNCT
fbem-32831	347	44	*	*	PUNCT
fbem-32831	347	45	*	*	NOUN
fbem-32831	347	46	0.057	0.057	NUM
fbem-32831	347	47	*	*	PUNCT
fbem-32831	347	48	*	*	PUNCT
fbem-32831	347	49	*	*	PUNCT
fbem-32831	347	50	(	(	PUNCT
fbem-32831	347	51	0.008	0.008	NUM
fbem-32831	347	52	)	)	PUNCT
fbem-32831	347	53	(	(	PUNCT
fbem-32831	347	54	0.005	0.005	NUM
fbem-32831	347	55	)	)	PUNCT
fbem-32831	347	56	(	(	PUNCT
fbem-32831	347	57	0.011	0.011	NUM
fbem-32831	347	58	)	)	PUNCT
fbem-32831	347	59	(	(	PUNCT
fbem-32831	347	60	0.007	0.007	NUM
fbem-32831	347	61	)	)	PUNCT
fbem-32831	347	62	lag_tobinq	lag_tobinq	PRON
fbem-32831	347	63	0.070	0.070	NUM
fbem-32831	347	64	*	*	PUNCT
fbem-32831	348	1	*	*	PUNCT
fbem-32831	348	2	*	*	PUNCT
fbem-32831	348	3	0.043	0.043	NUM
fbem-32831	348	4	*	*	PUNCT
fbem-32831	348	5	*	*	PUNCT
fbem-32831	348	6	*	*	PUNCT
fbem-32831	348	7	0.082	0.082	NUM
fbem-32831	348	8	*	*	PUNCT
fbem-32831	348	9	*	*	PUNCT
fbem-32831	348	10	*	*	X
fbem-32831	348	11	0.053	0.053	NUM
fbem-32831	348	12	*	*	PUNCT
fbem-32831	348	13	*	*	PUNCT
fbem-32831	348	14	*	*	PUNCT
fbem-32831	348	15	(	(	PUNCT
fbem-32831	348	16	0.005	0.005	NUM
fbem-32831	348	17	)	)	PUNCT
fbem-32831	348	18	(	(	PUNCT
fbem-32831	348	19	0.003	0.003	NUM
fbem-32831	348	20	)	)	PUNCT
fbem-32831	348	21	(	(	PUNCT
fbem-32831	348	22	0.006	0.006	NUM
fbem-32831	348	23	)	)	PUNCT
fbem-32831	348	24	(	(	PUNCT
fbem-32831	348	25	0.004	0.004	NUM
fbem-32831	348	26	)	)	PUNCT
fbem-32831	348	27	lag_annual_return	lag_annual_return	NOUN
fbem-32831	348	28	0.061	0.061	NUM
fbem-32831	348	29	*	*	PUNCT
fbem-32831	348	30	*	*	PUNCT
fbem-32831	348	31	*	*	PUNCT
fbem-32831	348	32	0.013	0.013	NUM
fbem-32831	348	33	0.140	0.140	NUM
fbem-32831	348	34	*	*	PUNCT
fbem-32831	348	35	*	*	PUNCT
fbem-32831	348	36	*	*	PUNCT
fbem-32831	348	37	0.074	0.074	PUNCT
fbem-32831	348	38	*	*	PUNCT
fbem-32831	349	1	*	*	PUNCT
fbem-32831	349	2	*	*	PUNCT
fbem-32831	349	3	(	(	PUNCT
fbem-32831	349	4	0.012	0.012	NUM
fbem-32831	349	5	)	)	PUNCT
fbem-32831	349	6	(	(	PUNCT
fbem-32831	349	7	0.008	0.008	NUM
fbem-32831	349	8	)	)	PUNCT
fbem-32831	349	9	(	(	PUNCT
fbem-32831	349	10	0.015	0.015	NUM
fbem-32831	349	11	)	)	PUNCT
fbem-32831	349	12	(	(	PUNCT
fbem-32831	349	13	0.010	0.010	NUM
fbem-32831	349	14	)	)	PUNCT
fbem-32831	349	15	lag_volatility	lag_volatility	NOUN
fbem-32831	349	16	-0.002	-0.002	PUNCT
fbem-32831	350	1	*	*	PUNCT
fbem-32831	350	2	*	*	PUNCT
fbem-32831	350	3	*	*	PUNCT
fbem-32831	350	4	-0.001	-0.001	PUNCT
fbem-32831	351	1	*	*	PUNCT
fbem-32831	351	2	*	*	PUNCT
fbem-32831	351	3	*	*	PUNCT
fbem-32831	351	4	-0.003	-0.003	PUNCT
fbem-32831	352	1	*	*	PUNCT
fbem-32831	352	2	*	*	PUNCT
fbem-32831	352	3	*	*	PUNCT
fbem-32831	352	4	-0.002	-0.002	PUNCT
fbem-32831	353	1	*	*	PUNCT
fbem-32831	353	2	*	*	PUNCT
fbem-32831	353	3	*	*	PUNCT
fbem-32831	353	4	(	(	PUNCT
fbem-32831	353	5	0.000	0.000	NUM
fbem-32831	353	6	)	)	PUNCT
fbem-32831	353	7	(	(	PUNCT
fbem-32831	353	8	0.000	0.000	NUM
fbem-32831	353	9	)	)	PUNCT
fbem-32831	353	10	(	(	PUNCT
fbem-32831	353	11	0.000	0.000	NUM
fbem-32831	353	12	)	)	PUNCT
fbem-32831	353	13	(	(	PUNCT
fbem-32831	353	14	0.000	0.000	NUM
fbem-32831	353	15	)	)	PUNCT
fbem-32831	353	16	lag_cash	lag_cash	NOUN
fbem-32831	353	17	-0.022	-0.022	X
fbem-32831	353	18	-0.022	-0.022	NUM
fbem-32831	353	19	-0.080	-0.080	PUNCT
fbem-32831	353	20	-0.046	-0.046	X
fbem-32831	353	21	(	(	PUNCT
fbem-32831	353	22	0.061	0.061	NUM
fbem-32831	353	23	)	)	PUNCT
fbem-32831	353	24	(	(	PUNCT
fbem-32831	353	25	0.040	0.040	NUM
fbem-32831	353	26	)	)	PUNCT
fbem-32831	353	27	(	(	PUNCT
fbem-32831	353	28	0.070	0.070	NUM
fbem-32831	353	29	)	)	PUNCT
fbem-32831	353	30	(	(	PUNCT
fbem-32831	353	31	0.048	0.048	NUM
fbem-32831	354	1	)	)	PUNCT
fbem-32831	354	2	_	_	PUNCT
fbem-32831	354	3	cons	con	NOUN
fbem-32831	354	4	-1.222	-1.222	PUNCT
fbem-32831	354	5	*	*	PUNCT
fbem-32831	354	6	*	*	PUNCT
fbem-32831	354	7	*	*	PUNCT
fbem-32831	354	8	-0.582	-0.582	PUNCT
fbem-32831	355	1	*	*	PUNCT
fbem-32831	355	2	*	*	PUNCT
fbem-32831	355	3	*	*	PUNCT
fbem-32831	356	1	-2.516	-2.516	PUNCT
fbem-32831	356	2	*	*	PUNCT
fbem-32831	356	3	*	*	PUNCT
fbem-32831	356	4	*	*	PUNCT
fbem-32831	356	5	-1.553	-1.553	PUNCT
fbem-32831	356	6	*	*	PUNCT
fbem-32831	356	7	*	*	PUNCT
fbem-32831	356	8	*	*	PUNCT
fbem-32831	356	9	(	(	PUNCT
fbem-32831	356	10	0.174	0.174	NUM
fbem-32831	356	11	)	)	PUNCT
fbem-32831	356	12	(	(	PUNCT
fbem-32831	356	13	0.115	0.115	NUM
fbem-32831	356	14	)	)	PUNCT
fbem-32831	356	15	(	(	PUNCT
fbem-32831	356	16	0.238	0.238	NUM
fbem-32831	356	17	)	)	PUNCT
fbem-32831	356	18	(	(	PUNCT
fbem-32831	356	19	0.155	0.155	NUM
fbem-32831	356	20	)	)	PUNCT
fbem-32831	356	21	firm_fe	firm_fe	NOUN
fbem-32831	357	1	yes	yes	INTJ
fbem-32831	357	2	yes	yes	INTJ
fbem-32831	358	1	yes	yes	INTJ
fbem-32831	359	1	yes	yes	INTJ
fbem-32831	359	2	year_fe	year_fe	NOUN
fbem-32831	360	1	yes	yes	INTJ
fbem-32831	361	1	yes	yes	INTJ
fbem-32831	362	1	yes	yes	INTJ
fbem-32831	363	1	yes	yes	INTJ
fbem-32831	364	1	n	n	ADV
fbem-32831	364	2	42550	42550	NUM
fbem-32831	364	3	42550	42550	NUM
fbem-32831	364	4	26484	26484	NUM
fbem-32831	364	5	26484	26484	NUM
fbem-32831	364	6	r2_a	r2_a	ADP
fbem-32831	364	7	0.078	0.078	NUM
fbem-32831	364	8	0.082	0.082	NUM
fbem-32831	364	9	0.116	0.116	NUM
fbem-32831	364	10	0.116	0.116	NUM
fbem-32831	364	11	f	f	PROPN
fbem-32831	364	12	33.931	33.931	NUM
fbem-32831	364	13	24.307	24.307	NUM
fbem-32831	364	14	42.800	42.800	NUM
fbem-32831	364	15	35.105	35.105	NUM
fbem-32831	364	16	table	table	NOUN
fbem-32831	364	17	5	5	NUM
fbem-32831	364	18	-	-	SYM
fbem-32831	364	19	6	6	NUM
fbem-32831	364	20	.	.	PUNCT
fbem-32831	364	21	endogeneity	endogeneity	NOUN
fbem-32831	364	22	test	test	NOUN
fbem-32831	364	23	(	(	PUNCT
fbem-32831	364	24	1	1	NUM
fbem-32831	364	25	)	)	PUNCT
fbem-32831	364	26	(	(	PUNCT
fbem-32831	364	27	2	2	X
fbem-32831	364	28	)	)	PUNCT
fbem-32831	364	29	clrisk	clrisk	NOUN
fbem-32831	364	30	ncskew	ncskew	NOUN
fbem-32831	364	31	clrisk	clrisk	NOUN
fbem-32831	364	32	0.052	0.052	NUM
fbem-32831	364	33	*	*	PUNCT
fbem-32831	364	34	*	*	PUNCT
fbem-32831	364	35	*	*	PUNCT
fbem-32831	364	36	(	(	PUNCT
fbem-32831	364	37	0.004	0.004	NUM
fbem-32831	364	38	)	)	PUNCT
fbem-32831	364	39	iv_scfpeer	iv_scfpeer	NOUN
fbem-32831	364	40	0.373	0.373	NUM
fbem-32831	364	41	*	*	PUNCT
fbem-32831	364	42	*	*	PUNCT
fbem-32831	364	43	*	*	PUNCT
fbem-32831	364	44	(	(	PUNCT
fbem-32831	364	45	0.021	0.021	NUM
fbem-32831	364	46	)	)	PUNCT
fbem-32831	364	47	lag_roa	lag_roa	NOUN
fbem-32831	364	48	0.102	0.102	NUM
fbem-32831	364	49	*	*	PUNCT
fbem-32831	364	50	*	*	PUNCT
fbem-32831	364	51	-0.042	-0.042	X
fbem-32831	364	52	(	(	PUNCT
fbem-32831	364	53	0.046	0.046	NUM
fbem-32831	364	54	)	)	PUNCT
fbem-32831	364	55	(	(	PUNCT
fbem-32831	364	56	0.054	0.054	NUM
fbem-32831	364	57	)	)	PUNCT
fbem-32831	364	58	lag_growth	lag_growth	NOUN
fbem-32831	364	59	0.006	0.006	NUM
fbem-32831	364	60	0.016	0.016	NUM
fbem-32831	364	61	*	*	PUNCT
fbem-32831	364	62	*	*	PUNCT
fbem-32831	364	63	(	(	PUNCT
fbem-32831	364	64	0.006	0.006	NUM
fbem-32831	364	65	)	)	PUNCT
fbem-32831	364	66	(	(	PUNCT
fbem-32831	364	67	0.008	0.008	NUM
fbem-32831	364	68	)	)	PUNCT
fbem-32831	364	69	lag_size	lag_size	NOUN
fbem-32831	364	70	0.189	0.189	NUM
fbem-32831	364	71	*	*	PUNCT
fbem-32831	364	72	*	*	PUNCT
fbem-32831	364	73	*	*	PUNCT
fbem-32831	364	74	-0.007	-0.007	PUNCT
fbem-32831	365	1	*	*	PUNCT
fbem-32831	365	2	*	*	PUNCT
fbem-32831	365	3	*	*	PUNCT
fbem-32831	365	4	(	(	PUNCT
fbem-32831	365	5	0.006	0.006	NUM
fbem-32831	365	6	)	)	PUNCT
fbem-32831	365	7	(	(	PUNCT
fbem-32831	365	8	0.003	0.003	NUM
fbem-32831	365	9	)	)	PUNCT
fbem-32831	365	10	lag_tobinq	lag_tobinq	PUNCT
fbem-32831	365	11	-0.010	-0.010	PUNCT
fbem-32831	366	1	*	*	PUNCT
fbem-32831	366	2	*	*	PUNCT
fbem-32831	366	3	*	*	PUNCT
fbem-32831	366	4	0.051	0.051	NUM
fbem-32831	366	5	*	*	PUNCT
fbem-32831	366	6	*	*	PUNCT
fbem-32831	366	7	*	*	PUNCT
fbem-32831	366	8	(	(	PUNCT
fbem-32831	366	9	0.003	0.003	NUM
fbem-32831	366	10	)	)	PUNCT
fbem-32831	366	11	(	(	PUNCT
fbem-32831	366	12	0.003	0.003	NUM
fbem-32831	366	13	)	)	PUNCT
fbem-32831	366	14	lag_annual_return	lag_annual_return	NOUN
fbem-32831	366	15	-0.007	-0.007	PUNCT
fbem-32831	366	16	0.054	0.054	NUM
fbem-32831	366	17	*	*	PUNCT
fbem-32831	366	18	*	*	PUNCT
fbem-32831	366	19	*	*	PUNCT
fbem-32831	366	20	(	(	PUNCT
fbem-32831	366	21	0.007	0.007	NUM
fbem-32831	366	22	)	)	PUNCT
fbem-32831	366	23	(	(	PUNCT
fbem-32831	366	24	0.011	0.011	NUM
fbem-32831	366	25	)	)	PUNCT
fbem-32831	366	26	lag_volatility	lag_volatility	NOUN
fbem-32831	366	27	0.000	0.000	NUM
fbem-32831	366	28	-0.003	-0.003	NOUN
fbem-32831	367	1	*	*	PUNCT
fbem-32831	367	2	*	*	PUNCT
fbem-32831	367	3	*	*	PUNCT
fbem-32831	367	4	(	(	PUNCT
fbem-32831	367	5	0.000	0.000	NUM
fbem-32831	367	6	)	)	PUNCT
fbem-32831	367	7	(	(	PUNCT
fbem-32831	367	8	0.000	0.000	NUM
fbem-32831	367	9	)	)	PUNCT
fbem-32831	367	10	lag_cash	lag_cash	NOUN
fbem-32831	367	11	0.044	0.044	NUM
fbem-32831	367	12	-0.027	-0.027	NUM
fbem-32831	367	13	(	(	PUNCT
fbem-32831	367	14	0.040	0.040	NUM
fbem-32831	367	15	)	)	PUNCT
fbem-32831	367	16	(	(	PUNCT
fbem-32831	367	17	0.050	0.050	NUM
fbem-32831	367	18	)	)	PUNCT
fbem-32831	368	1	_	_	NOUN
fbem-32831	368	2	cons	con	NOUN
fbem-32831	368	3	-1.526	-1.526	PUNCT
fbem-32831	369	1	*	*	PUNCT
fbem-32831	369	2	*	*	PUNCT
fbem-32831	369	3	*	*	PUNCT
fbem-32831	369	4	-0.126	-0.126	PUNCT
fbem-32831	369	5	*	*	PUNCT
fbem-32831	369	6	(	(	PUNCT
fbem-32831	369	7	0.156	0.156	NUM
fbem-32831	369	8	)	)	PUNCT
fbem-32831	369	9	(	(	PUNCT
fbem-32831	369	10	0.068	0.068	NUM
fbem-32831	369	11	)	)	PUNCT
fbem-32831	369	12	firm_fe	firm_fe	NOUN
fbem-32831	370	1	yes	yes	INTJ
fbem-32831	370	2	yes	yes	INTJ
fbem-32831	370	3	year_fe	year_fe	NOUN
fbem-32831	371	1	yes	yes	INTJ
fbem-32831	372	1	yes	yes	INTJ
fbem-32831	373	1	n	n	ADV
fbem-32831	373	2	47562	47562	NUM
fbem-32831	373	3	47562	47562	NUM
fbem-32831	373	4	f	f	X
fbem-32831	373	5	-	-	PUNCT
fbem-32831	373	6	value	value	NOUN
fbem-32831	373	7	of	of	ADP
fbem-32831	373	8	the	the	DET
fbem-32831	373	9	first	first	ADJ
fbem-32831	373	10	stage	stage	NOUN
fbem-32831	373	11	201.786	201.786	NUM
fbem-32831	373	12	the	the	DET
fbem-32831	373	13	instrumental	instrumental	ADJ
fbem-32831	373	14	variables	variable	NOUN
fbem-32831	373	15	(	(	PUNCT
fbem-32831	373	16	iv	iv	X
fbem-32831	373	17	)	)	PUNCT
fbem-32831	373	18	approach	approach	NOUN
fbem-32831	373	19	addresses	address	NOUN
fbem-32831	373	20	core	core	ADJ
fbem-32831	373	21	endogeneity	endogeneity	NOUN
fbem-32831	373	22	.	.	PUNCT
fbem-32831	374	1	the	the	DET
fbem-32831	374	2	average	average	ADJ
fbem-32831	374	3	climate	climate	NOUN
fbem-32831	374	4	risk	risk	NOUN
fbem-32831	374	5	exposure	exposure	NOUN
fbem-32831	374	6	of	of	ADP
fbem-32831	374	7	peer	peer	NOUN
fbem-32831	374	8	companies	company	NOUN
fbem-32831	374	9	within	within	ADP
fbem-32831	374	10	the	the	DET
fbem-32831	374	11	same	same	ADJ
fbem-32831	374	12	industry	industry	NOUN
fbem-32831	374	13	and	and	CCONJ
fbem-32831	374	14	year	year	NOUN
fbem-32831	374	15	(	(	PUNCT
fbem-32831	374	16	iv_scfpeer	iv_scfpeer	NOUN
fbem-32831	374	17	)	)	PUNCT
fbem-32831	374	18	is	be	AUX
fbem-32831	374	19	selected	select	VERB
fbem-32831	374	20	as	as	ADP
fbem-32831	374	21	the	the	DET
fbem-32831	374	22	instrumental	instrumental	ADJ
fbem-32831	374	23	variable	variable	NOUN
fbem-32831	374	24	for	for	ADP
fbem-32831	374	25	the	the	DET
fbem-32831	374	26	core	core	ADJ
fbem-32831	374	27	explanatory	explanatory	ADJ
fbem-32831	374	28	variable	variable	ADJ
fbem-32831	374	29	clrisk	clrisk	NOUN
fbem-32831	374	30	.	.	PUNCT
fbem-32831	375	1	table	table	NOUN
fbem-32831	375	2	5	5	NUM
fbem-32831	375	3	-	-	SYM
fbem-32831	375	4	6	6	NUM
fbem-32831	375	5	reports	report	NOUN
fbem-32831	375	6	the	the	DET
fbem-32831	375	7	regression	regression	NOUN
fbem-32831	375	8	results	result	VERB
fbem-32831	375	9	from	from	ADP
fbem-32831	375	10	the	the	DET
fbem-32831	375	11	two	two	NUM
fbem-32831	375	12	-	-	PUNCT
fbem-32831	375	13	stage	stage	NOUN
fbem-32831	375	14	least	least	ADJ
fbem-32831	375	15	squares	square	NOUN
fbem-32831	375	16	(	(	PUNCT
fbem-32831	375	17	2sls	2sls	NOUN
fbem-32831	375	18	)	)	PUNCT
fbem-32831	375	19	method	method	NOUN
fbem-32831	375	20	.	.	PUNCT
fbem-32831	376	1	column	column	NOUN
fbem-32831	376	2	(	(	PUNCT
fbem-32831	376	3	1	1	X
fbem-32831	376	4	)	)	PUNCT
fbem-32831	376	5	indicates	indicate	VERB
fbem-32831	376	6	that	that	SCONJ
fbem-32831	376	7	the	the	DET
fbem-32831	376	8	coefficient	coefficient	NOUN
fbem-32831	376	9	for	for	ADP
fbem-32831	376	10	the	the	DET
fbem-32831	376	11	instrumental	instrumental	ADJ
fbem-32831	376	12	variable	variable	ADJ
fbem-32831	376	13	iv_scfpeer	iv_scfpeer	NOUN
fbem-32831	376	14	is	be	AUX
fbem-32831	376	15	0.373	0.373	NUM
fbem-32831	376	16	,	,	PUNCT
fbem-32831	376	17	highly	highly	ADV
fbem-32831	376	18	significant	significant	ADJ
fbem-32831	376	19	at	at	ADP
fbem-32831	376	20	the	the	DET
fbem-32831	376	21	1	1	NUM
fbem-32831	376	22	%	%	NOUN
fbem-32831	376	23	level	level	NOUN
fbem-32831	376	24	.	.	PUNCT
fbem-32831	377	1	the	the	DET
fbem-32831	377	2	fstatistic	fstatistic	NOUN
fbem-32831	377	3	for	for	ADP
fbem-32831	377	4	the	the	DET
fbem-32831	377	5	first	first	ADJ
fbem-32831	377	6	stage	stage	NOUN
fbem-32831	377	7	reaches	reach	VERB
fbem-32831	377	8	201.786	201.786	NUM
fbem-32831	377	9	,	,	PUNCT
fbem-32831	377	10	far	far	ADV
fbem-32831	377	11	exceeding	exceed	VERB
fbem-32831	377	12	the	the	DET
fbem-32831	377	13	empirical	empirical	ADJ
fbem-32831	377	14	rule	rule	NOUN
fbem-32831	377	15	threshold	threshold	NOUN
fbem-32831	377	16	of	of	ADP
fbem-32831	377	17	10	10	NUM
fbem-32831	377	18	.	.	PUNCT
fbem-32831	378	1	this	this	PRON
fbem-32831	378	2	robustly	robustly	ADV
fbem-32831	378	3	rejects	reject	VERB
fbem-32831	378	4	the	the	DET
fbem-32831	378	5	null	null	ADJ
fbem-32831	378	6	hypothesis	hypothesis	NOUN
fbem-32831	378	7	of	of	ADP
fbem-32831	378	8	‘	'	PUNCT
fbem-32831	378	9	weak	weak	ADJ
fbem-32831	378	10	instrumentality	instrumentality	NOUN
fbem-32831	378	11	,	,	PUNCT
fbem-32831	378	12	’	'	PUNCT
fbem-32831	378	13	confirming	confirm	VERB
fbem-32831	378	14	the	the	DET
fbem-32831	378	15	strong	strong	ADJ
fbem-32831	378	16	correlation	correlation	NOUN
fbem-32831	378	17	between	between	ADP
fbem-32831	378	18	the	the	DET
fbem-32831	378	19	instrumental	instrumental	ADJ
fbem-32831	378	20	variable	variable	NOUN
fbem-32831	378	21	and	and	CCONJ
fbem-32831	378	22	the	the	DET
fbem-32831	378	23	endogenous	endogenous	ADJ
fbem-32831	378	24	explanatory	explanatory	ADJ
fbem-32831	378	25	variable	variable	NOUN
fbem-32831	378	26	.	.	PUNCT
fbem-32831	379	1	column	column	NOUN
fbem-32831	379	2	(	(	PUNCT
fbem-32831	379	3	2	2	X
fbem-32831	379	4	)	)	PUNCT
fbem-32831	379	5	reveals	reveal	VERB
fbem-32831	379	6	that	that	SCONJ
fbem-32831	379	7	following	follow	VERB
fbem-32831	379	8	instrumental	instrumental	ADJ
fbem-32831	379	9	variable	variable	ADJ
fbem-32831	379	10	treatment	treatment	NOUN
fbem-32831	379	11	,	,	PUNCT
fbem-32831	379	12	the	the	DET
fbem-32831	379	13	coefficient	coefficient	NOUN
fbem-32831	379	14	for	for	ADP
fbem-32831	379	15	clrisk	clrisk	NOUN
fbem-32831	379	16	stands	stand	VERB
fbem-32831	379	17	at	at	ADP
fbem-32831	379	18	0.052	0.052	NUM
fbem-32831	379	19	,	,	PUNCT
fbem-32831	379	20	remaining	remain	VERB
fbem-32831	379	21	significantly	significantly	ADV
fbem-32831	379	22	positive	positive	ADJ
fbem-32831	379	23	at	at	ADP
fbem-32831	379	24	the	the	DET
fbem-32831	379	25	1	1	NUM
fbem-32831	379	26	%	%	NOUN
fbem-32831	379	27	level	level	NOUN
fbem-32831	379	28	.	.	PUNCT
fbem-32831	380	1	notably	notably	ADV
fbem-32831	380	2	,	,	PUNCT
fbem-32831	380	3	this	this	DET
fbem-32831	380	4	coefficient	coefficient	NOUN
fbem-32831	380	5	exceeds	exceed	VERB
fbem-32831	380	6	that	that	SCONJ
fbem-32831	380	7	from	from	ADP
fbem-32831	380	8	the	the	DET
fbem-32831	380	9	benchmark	benchmark	NOUN
fbem-32831	380	10	ols	ol	NOUN
fbem-32831	380	11	regression	regression	NOUN
fbem-32831	380	12	(	(	PUNCT
fbem-32831	380	13	0.028	0.028	NUM
fbem-32831	380	14	)	)	PUNCT
fbem-32831	380	15	,	,	PUNCT
fbem-32831	380	16	suggesting	suggest	VERB
fbem-32831	380	17	ols	ol	NOUN
fbem-32831	380	18	estimates	estimate	NOUN
fbem-32831	380	19	may	may	AUX
fbem-32831	380	20	understate	understate	VERB
fbem-32831	380	21	the	the	DET
fbem-32831	380	22	true	true	ADJ
fbem-32831	380	23	impact	impact	NOUN
fbem-32831	380	24	of	of	ADP
fbem-32831	380	25	climate	climate	NOUN
fbem-32831	380	26	risk	risk	NOUN
fbem-32831	380	27	due	due	ADP
fbem-32831	380	28	to	to	ADP
fbem-32831	380	29	measurement	measurement	NOUN
fbem-32831	380	30	error	error	NOUN
fbem-32831	380	31	or	or	CCONJ
fbem-32831	380	32	reverse	reverse	ADJ
fbem-32831	380	33	causality	causality	NOUN
fbem-32831	380	34	.	.	PUNCT
fbem-32831	381	1	in	in	ADP
fbem-32831	381	2	summary	summary	NOUN
fbem-32831	381	3	,	,	PUNCT
fbem-32831	381	4	having	having	AUX
fbem-32831	381	5	undergone	undergo	VERB
fbem-32831	381	6	a	a	DET
fbem-32831	381	7	series	series	NOUN
fbem-32831	381	8	of	of	ADP
fbem-32831	381	9	rigorous	rigorous	ADJ
fbem-32831	381	10	tests	test	NOUN
fbem-32831	381	11	concerning	concern	VERB
fbem-32831	381	12	variable	variable	ADJ
fbem-32831	381	13	measurement	measurement	NOUN
fbem-32831	381	14	,	,	PUNCT
fbem-32831	381	15	model	model	NOUN
fbem-32831	381	16	specification	specification	NOUN
fbem-32831	381	17	,	,	PUNCT
fbem-32831	381	18	sample	sample	NOUN
fbem-32831	381	19	selection	selection	NOUN
fbem-32831	381	20	bias	bias	NOUN
fbem-32831	381	21	,	,	PUNCT
fbem-32831	381	22	external	external	ADJ
fbem-32831	381	23	shocks	shock	NOUN
fbem-32831	381	24	,	,	PUNCT
fbem-32831	381	25	and	and	CCONJ
fbem-32831	381	26	core	core	ADJ
fbem-32831	381	27	endogeneity	endogeneity	NOUN
fbem-32831	381	28	issues	issue	NOUN
fbem-32831	381	29	,	,	PUNCT
fbem-32831	381	30	the	the	DET
fbem-32831	381	31	core	core	NOUN
fbem-32831	381	32	conclusion	conclusion	NOUN
fbem-32831	381	33	of	of	ADP
fbem-32831	381	34	this	this	DET
fbem-32831	381	35	paper	paper	NOUN
fbem-32831	381	36	—	—	PUNCT
fbem-32831	381	37	that	that	DET
fbem-32831	381	38	climate	climate	NOUN
fbem-32831	381	39	risk	risk	NOUN
fbem-32831	381	40	significantly	significantly	ADV
fbem-32831	381	41	amplifies	amplify	VERB
fbem-32831	381	42	the	the	DET
fbem-32831	381	43	risk	risk	NOUN
fbem-32831	381	44	of	of	ADP
fbem-32831	381	45	corporate	corporate	ADJ
fbem-32831	381	46	share	share	NOUN
fbem-32831	381	47	price	price	NOUN
fbem-32831	381	48	collapse	collapse	NOUN
fbem-32831	381	49	—	—	PUNCT
fbem-32831	381	50	demonstrates	demonstrate	VERB
fbem-32831	381	51	a	a	DET
fbem-32831	381	52	high	high	ADJ
fbem-32831	381	53	degree	degree	NOUN
fbem-32831	381	54	of	of	ADP
fbem-32831	381	55	robustness	robustness	NOUN
fbem-32831	381	56	and	and	CCONJ
fbem-32831	381	57	reliability	reliability	NOUN
fbem-32831	381	58	.	.	PUNCT
fbem-32831	382	1	5.5	5.5	NUM
fbem-32831	382	2	.	.	PUNCT
fbem-32831	383	1	heterogeneity	heterogeneity	NOUN
fbem-32831	383	2	analysis	analysis	NOUN
fbem-32831	383	3	the	the	DET
fbem-32831	383	4	benchmark	benchmark	ADJ
fbem-32831	383	5	regression	regression	NOUN
fbem-32831	383	6	analysis	analysis	NOUN
fbem-32831	383	7	presented	present	VERB
fbem-32831	383	8	earlier	early	ADV
fbem-32831	383	9	confirms	confirm	VERB
fbem-32831	383	10	the	the	DET
fbem-32831	383	11	pervasive	pervasive	ADJ
fbem-32831	383	12	impact	impact	NOUN
fbem-32831	383	13	of	of	ADP
fbem-32831	383	14	climate	climate	NOUN
fbem-32831	383	15	risk	risk	NOUN
fbem-32831	383	16	on	on	ADP
fbem-32831	383	17	corporate	corporate	ADJ
fbem-32831	383	18	stock	stock	NOUN
fbem-32831	383	19	crash	crash	NOUN
fbem-32831	383	20	risk	risk	NOUN
fbem-32831	383	21	.	.	PUNCT
fbem-32831	384	1	however	however	ADV
fbem-32831	384	2	,	,	PUNCT
fbem-32831	384	3	this	this	DET
fbem-32831	384	4	influence	influence	NOUN
fbem-32831	384	5	may	may	AUX
fbem-32831	384	6	not	not	PART
fbem-32831	384	7	be	be	AUX
fbem-32831	384	8	uniform	uniform	ADJ
fbem-32831	384	9	31	31	NUM
fbem-32831	384	10	across	across	ADP
fbem-32831	384	11	firms	firm	NOUN
fbem-32831	384	12	with	with	ADP
fbem-32831	384	13	differing	differ	VERB
fbem-32831	384	14	characteristics	characteristic	NOUN
fbem-32831	384	15	.	.	PUNCT
fbem-32831	385	1	first	first	ADV
fbem-32831	385	2	,	,	PUNCT
fbem-32831	385	3	we	we	PRON
fbem-32831	385	4	examine	examine	VERB
fbem-32831	385	5	the	the	DET
fbem-32831	385	6	moderating	moderate	VERB
fbem-32831	385	7	role	role	NOUN
fbem-32831	385	8	of	of	ADP
fbem-32831	385	9	corporate	corporate	ADJ
fbem-32831	385	10	governance	governance	NOUN
fbem-32831	385	11	,	,	PUNCT
fbem-32831	385	12	using	use	VERB
fbem-32831	385	13	ceo	ceo	NOUN
fbem-32831	385	14	duality	duality	NOUN
fbem-32831	385	15	(	(	PUNCT
fbem-32831	385	16	whether	whether	SCONJ
fbem-32831	385	17	the	the	DET
fbem-32831	385	18	chairman	chairman	NOUN
fbem-32831	385	19	and	and	CCONJ
fbem-32831	385	20	ceo	ceo	NOUN
fbem-32831	385	21	are	be	AUX
fbem-32831	385	22	held	hold	VERB
fbem-32831	385	23	by	by	ADP
fbem-32831	385	24	the	the	DET
fbem-32831	385	25	same	same	ADJ
fbem-32831	385	26	individual	individual	NOUN
fbem-32831	385	27	)	)	PUNCT
fbem-32831	385	28	as	as	ADP
fbem-32831	385	29	a	a	DET
fbem-32831	385	30	proxy	proxy	ADJ
fbem-32831	385	31	variable	variable	NOUN
fbem-32831	385	32	.	.	PUNCT
fbem-32831	386	1	the	the	DET
fbem-32831	386	2	regression	regression	NOUN
fbem-32831	386	3	results	result	VERB
fbem-32831	386	4	in	in	ADP
fbem-32831	386	5	table	table	NOUN
fbem-32831	386	6	5	5	NUM
fbem-32831	386	7	-	-	SYM
fbem-32831	386	8	7	7	NUM
fbem-32831	386	9	show	show	NOUN
fbem-32831	386	10	that	that	SCONJ
fbem-32831	386	11	,	,	PUNCT
fbem-32831	386	12	in	in	ADP
fbem-32831	386	13	the	the	DET
fbem-32831	386	14	duality	duality	NOUN
fbem-32831	386	15	sample	sample	NOUN
fbem-32831	386	16	,	,	PUNCT
fbem-32831	386	17	clrisk	clrisk	NOUN
fbem-32831	386	18	coefficients	coefficient	NOUN
fbem-32831	386	19	are	be	AUX
fbem-32831	386	20	positive	positive	ADJ
fbem-32831	386	21	but	but	CCONJ
fbem-32831	386	22	not	not	PART
fbem-32831	386	23	statistically	statistically	ADV
fbem-32831	386	24	significant	significant	ADJ
fbem-32831	386	25	.	.	PUNCT
fbem-32831	387	1	conversely	conversely	ADV
fbem-32831	387	2	,	,	PUNCT
fbem-32831	387	3	in	in	ADP
fbem-32831	387	4	the	the	DET
fbem-32831	387	5	non	non	ADJ
fbem-32831	387	6	-	-	ADJ
fbem-32831	387	7	duality	duality	ADJ
fbem-32831	387	8	sample	sample	NOUN
fbem-32831	387	9	,	,	PUNCT
fbem-32831	387	10	clrisk	clrisk	NOUN
fbem-32831	387	11	coefficients	coefficient	NOUN
fbem-32831	387	12	are	be	AUX
fbem-32831	387	13	positively	positively	ADV
fbem-32831	387	14	significant	significant	ADJ
fbem-32831	387	15	at	at	ADP
fbem-32831	387	16	the	the	DET
fbem-32831	387	17	1	1	NUM
fbem-32831	387	18	%	%	NOUN
fbem-32831	387	19	level	level	NOUN
fbem-32831	387	20	,	,	PUNCT
fbem-32831	387	21	with	with	ADP
fbem-32831	387	22	absolute	absolute	ADJ
fbem-32831	387	23	values	value	NOUN
fbem-32831	387	24	exceeding	exceed	VERB
fbem-32831	387	25	those	those	PRON
fbem-32831	387	26	in	in	ADP
fbem-32831	387	27	the	the	DET
fbem-32831	387	28	duality	duality	NOUN
fbem-32831	387	29	sample	sample	NOUN
fbem-32831	387	30	.	.	PUNCT
fbem-32831	388	1	this	this	DET
fbem-32831	388	2	finding	finding	NOUN
fbem-32831	388	3	suggests	suggest	VERB
fbem-32831	388	4	that	that	SCONJ
fbem-32831	388	5	in	in	ADP
fbem-32831	388	6	firms	firm	NOUN
fbem-32831	388	7	with	with	ADP
fbem-32831	388	8	more	more	ADV
fbem-32831	388	9	robust	robust	ADJ
fbem-32831	388	10	governance	governance	NOUN
fbem-32831	388	11	structures	structure	NOUN
fbem-32831	388	12	and	and	CCONJ
fbem-32831	388	13	clearer	clear	ADJ
fbem-32831	388	14	separation	separation	NOUN
fbem-32831	388	15	of	of	ADP
fbem-32831	388	16	powers	power	NOUN
fbem-32831	388	17	,	,	PUNCT
fbem-32831	388	18	both	both	CCONJ
fbem-32831	388	19	the	the	DET
fbem-32831	388	20	market	market	NOUN
fbem-32831	388	21	and	and	CCONJ
fbem-32831	388	22	the	the	DET
fbem-32831	388	23	board	board	NOUN
fbem-32831	388	24	hold	hold	VERB
fbem-32831	388	25	management	management	NOUN
fbem-32831	388	26	to	to	ADP
fbem-32831	388	27	higher	high	ADJ
fbem-32831	388	28	expectations	expectation	NOUN
fbem-32831	388	29	regarding	regard	VERB
fbem-32831	388	30	climate	climate	NOUN
fbem-32831	388	31	risk	risk	NOUN
fbem-32831	388	32	management	management	NOUN
fbem-32831	388	33	.	.	PUNCT
fbem-32831	389	1	should	should	AUX
fbem-32831	389	2	such	such	ADJ
fbem-32831	389	3	firms	firm	NOUN
fbem-32831	389	4	be	be	AUX
fbem-32831	389	5	exposed	expose	VERB
fbem-32831	389	6	to	to	ADP
fbem-32831	389	7	climate	climate	NOUN
fbem-32831	389	8	risks	risk	NOUN
fbem-32831	389	9	without	without	ADP
fbem-32831	389	10	effective	effective	ADJ
fbem-32831	389	11	mitigation	mitigation	NOUN
fbem-32831	389	12	,	,	PUNCT
fbem-32831	389	13	investors	investor	NOUN
fbem-32831	389	14	may	may	AUX
fbem-32831	389	15	perceive	perceive	VERB
fbem-32831	389	16	this	this	PRON
fbem-32831	389	17	as	as	ADP
fbem-32831	389	18	a	a	DET
fbem-32831	389	19	more	more	ADV
fbem-32831	389	20	severe	severe	ADJ
fbem-32831	389	21	signal	signal	NOUN
fbem-32831	389	22	of	of	ADP
fbem-32831	389	23	mismanagement	mismanagement	NOUN
fbem-32831	389	24	,	,	PUNCT
fbem-32831	389	25	triggering	trigger	VERB
fbem-32831	389	26	stronger	strong	ADJ
fbem-32831	389	27	negative	negative	ADJ
fbem-32831	389	28	market	market	NOUN
fbem-32831	389	29	reactions	reaction	NOUN
fbem-32831	389	30	and	and	CCONJ
fbem-32831	389	31	thereby	thereby	ADV
fbem-32831	389	32	amplifying	amplify	VERB
fbem-32831	389	33	collapse	collapse	NOUN
fbem-32831	389	34	risk	risk	NOUN
fbem-32831	389	35	.	.	PUNCT
fbem-32831	390	1	in	in	ADP
fbem-32831	390	2	other	other	ADJ
fbem-32831	390	3	words	word	NOUN
fbem-32831	390	4	,	,	PUNCT
fbem-32831	390	5	higher	high	ADJ
fbem-32831	390	6	governance	governance	NOUN
fbem-32831	390	7	standards	standard	NOUN
fbem-32831	390	8	may	may	AUX
fbem-32831	390	9	be	be	AUX
fbem-32831	390	10	accompanied	accompany	VERB
fbem-32831	390	11	by	by	ADP
fbem-32831	390	12	lower	low	ADJ
fbem-32831	390	13	tolerance	tolerance	NOUN
fbem-32831	390	14	for	for	ADP
fbem-32831	390	15	risk	risk	NOUN
fbem-32831	390	16	management	management	NOUN
fbem-32831	390	17	failures	failure	NOUN
fbem-32831	390	18	.	.	PUNCT
fbem-32831	391	1	table	table	NOUN
fbem-32831	391	2	5	5	NUM
fbem-32831	391	3	-	-	SYM
fbem-32831	391	4	7	7	NUM
fbem-32831	391	5	.	.	PUNCT
fbem-32831	392	1	heterogeneity	heterogeneity	NOUN
fbem-32831	392	2	analysis	analysis	NOUN
fbem-32831	392	3	:	:	PUNCT
fbem-32831	392	4	based	base	VERB
fbem-32831	392	5	on	on	ADP
fbem-32831	392	6	the	the	DET
fbem-32831	392	7	ceo	ceo	NOUN
fbem-32831	392	8	duality	duality	NOUN
fbem-32831	392	9	(	(	PUNCT
fbem-32831	392	10	1	1	NUM
fbem-32831	392	11	)	)	PUNCT
fbem-32831	392	12	(	(	PUNCT
fbem-32831	392	13	2	2	NUM
fbem-32831	392	14	)	)	PUNCT
fbem-32831	392	15	(	(	PUNCT
fbem-32831	392	16	3	3	X
fbem-32831	392	17	)	)	PUNCT
fbem-32831	392	18	(	(	PUNCT
fbem-32831	392	19	4	4	X
fbem-32831	392	20	)	)	PUNCT
fbem-32831	392	21	ceo	ceo	NOUN
fbem-32831	392	22	duality	duality	NOUN
fbem-32831	392	23	non	non	ADJ
fbem-32831	392	24	-	-	ADJ
fbem-32831	392	25	ceo	ceo	ADJ
fbem-32831	392	26	duality	duality	NOUN
fbem-32831	392	27	ncskew	ncskew	NOUN
fbem-32831	392	28	duvol	duvol	NOUN
fbem-32831	392	29	ncskew	ncskew	NOUN
fbem-32831	392	30	duvol	duvol	NOUN
fbem-32831	392	31	clrisk	clrisk	NOUN
fbem-32831	392	32	0.023	0.023	NUM
fbem-32831	392	33	0.010	0.010	NUM
fbem-32831	392	34	0.035	0.035	NUM
fbem-32831	392	35	*	*	PUNCT
fbem-32831	392	36	*	*	PUNCT
fbem-32831	392	37	*	*	PUNCT
fbem-32831	393	1	0.018	0.018	NUM
fbem-32831	393	2	*	*	PUNCT
fbem-32831	393	3	*	*	PUNCT
fbem-32831	393	4	*	*	PUNCT
fbem-32831	393	5	(	(	PUNCT
fbem-32831	393	6	0.019	0.019	NUM
fbem-32831	393	7	)	)	PUNCT
fbem-32831	393	8	(	(	PUNCT
fbem-32831	393	9	0.013	0.013	NUM
fbem-32831	393	10	)	)	PUNCT
fbem-32831	393	11	(	(	PUNCT
fbem-32831	393	12	0.009	0.009	NUM
fbem-32831	393	13	)	)	PUNCT
fbem-32831	393	14	(	(	PUNCT
fbem-32831	393	15	0.006	0.006	NUM
fbem-32831	393	16	)	)	PUNCT
fbem-32831	393	17	lag_roa	lag_roa	NOUN
fbem-32831	393	18	0.076	0.076	NUM
fbem-32831	393	19	0.076	0.076	NUM
fbem-32831	393	20	-0.137	-0.137	X
fbem-32831	393	21	*	*	PUNCT
fbem-32831	393	22	-0.100	-0.100	PUNCT
fbem-32831	393	23	*	*	PUNCT
fbem-32831	393	24	(	(	PUNCT
fbem-32831	393	25	0.143	0.143	NUM
fbem-32831	393	26	)	)	PUNCT
fbem-32831	393	27	(	(	PUNCT
fbem-32831	393	28	0.094	0.094	NUM
fbem-32831	393	29	)	)	PUNCT
fbem-32831	393	30	(	(	PUNCT
fbem-32831	393	31	0.077	0.077	NUM
fbem-32831	393	32	)	)	PUNCT
fbem-32831	393	33	(	(	PUNCT
fbem-32831	393	34	0.052	0.052	NUM
fbem-32831	393	35	)	)	PUNCT
fbem-32831	393	36	lag_growth	lag_growth	NOUN
fbem-32831	393	37	-0.016	-0.016	PUNCT
fbem-32831	393	38	-0.022	-0.022	NOUN
fbem-32831	394	1	*	*	PUNCT
fbem-32831	394	2	0.017	0.017	NUM
fbem-32831	394	3	*	*	PUNCT
fbem-32831	394	4	0.007	0.007	NUM
fbem-32831	394	5	(	(	PUNCT
fbem-32831	394	6	0.019	0.019	NUM
fbem-32831	394	7	)	)	PUNCT
fbem-32831	394	8	(	(	PUNCT
fbem-32831	394	9	0.013	0.013	NUM
fbem-32831	394	10	)	)	PUNCT
fbem-32831	394	11	(	(	PUNCT
fbem-32831	394	12	0.009	0.009	NUM
fbem-32831	394	13	)	)	PUNCT
fbem-32831	394	14	(	(	PUNCT
fbem-32831	394	15	0.006	0.006	NUM
fbem-32831	394	16	)	)	PUNCT
fbem-32831	394	17	lag_size	lag_size	VERB
fbem-32831	394	18	0.052	0.052	NUM
fbem-32831	394	19	*	*	PUNCT
fbem-32831	395	1	*	*	PUNCT
fbem-32831	395	2	*	*	PUNCT
fbem-32831	396	1	0.023	0.023	NUM
fbem-32831	396	2	*	*	X
fbem-32831	396	3	0.030	0.030	NUM
fbem-32831	396	4	*	*	PUNCT
fbem-32831	396	5	*	*	PUNCT
fbem-32831	396	6	*	*	PUNCT
fbem-32831	396	7	0.014	0.014	NUM
fbem-32831	396	8	*	*	PUNCT
fbem-32831	396	9	*	*	PUNCT
fbem-32831	396	10	(	(	PUNCT
fbem-32831	396	11	0.018	0.018	NUM
fbem-32831	396	12	)	)	PUNCT
fbem-32831	396	13	(	(	PUNCT
fbem-32831	396	14	0.012	0.012	NUM
fbem-32831	396	15	)	)	PUNCT
fbem-32831	396	16	(	(	PUNCT
fbem-32831	396	17	0.009	0.009	NUM
fbem-32831	396	18	)	)	PUNCT
fbem-32831	396	19	(	(	PUNCT
fbem-32831	396	20	0.006	0.006	NUM
fbem-32831	396	21	)	)	PUNCT
fbem-32831	396	22	lag_tobinq	lag_tobinq	X
fbem-32831	396	23	0.083	0.083	NUM
fbem-32831	396	24	*	*	PUNCT
fbem-32831	396	25	*	*	PUNCT
fbem-32831	396	26	*	*	PUNCT
fbem-32831	396	27	0.049	0.049	NUM
fbem-32831	396	28	*	*	PUNCT
fbem-32831	396	29	*	*	PUNCT
fbem-32831	396	30	*	*	PUNCT
fbem-32831	396	31	0.062	0.062	NUM
fbem-32831	396	32	*	*	PUNCT
fbem-32831	396	33	*	*	PUNCT
fbem-32831	396	34	*	*	PUNCT
fbem-32831	396	35	0.041	0.041	NUM
fbem-32831	396	36	*	*	PUNCT
fbem-32831	396	37	*	*	PUNCT
fbem-32831	396	38	*	*	PUNCT
fbem-32831	396	39	(	(	PUNCT
fbem-32831	396	40	0.008	0.008	NUM
fbem-32831	396	41	)	)	PUNCT
fbem-32831	396	42	(	(	PUNCT
fbem-32831	396	43	0.006	0.006	NUM
fbem-32831	396	44	)	)	PUNCT
fbem-32831	396	45	(	(	PUNCT
fbem-32831	396	46	0.005	0.005	NUM
fbem-32831	396	47	)	)	PUNCT
fbem-32831	396	48	(	(	PUNCT
fbem-32831	396	49	0.003	0.003	NUM
fbem-32831	396	50	)	)	PUNCT
fbem-32831	396	51	lag_annual_return	lag_annual_return	NOUN
fbem-32831	396	52	0.025	0.025	NUM
fbem-32831	396	53	-0.001	-0.001	NOUN
fbem-32831	396	54	0.072	0.072	NUM
fbem-32831	396	55	*	*	PUNCT
fbem-32831	396	56	*	*	PUNCT
fbem-32831	396	57	*	*	PUNCT
fbem-32831	396	58	0.019	0.019	NUM
fbem-32831	396	59	*	*	PUNCT
fbem-32831	396	60	*	*	PUNCT
fbem-32831	396	61	(	(	PUNCT
fbem-32831	396	62	0.023	0.023	NUM
fbem-32831	396	63	)	)	PUNCT
fbem-32831	396	64	(	(	PUNCT
fbem-32831	396	65	0.015	0.015	NUM
fbem-32831	396	66	)	)	PUNCT
fbem-32831	396	67	(	(	PUNCT
fbem-32831	396	68	0.013	0.013	NUM
fbem-32831	396	69	)	)	PUNCT
fbem-32831	396	70	(	(	PUNCT
fbem-32831	396	71	0.009	0.009	NUM
fbem-32831	396	72	)	)	PUNCT
fbem-32831	396	73	lag_volatility	lag_volatility	NOUN
fbem-32831	396	74	-0.001	-0.001	NOUN
fbem-32831	397	1	*	*	PUNCT
fbem-32831	397	2	*	*	PUNCT
fbem-32831	397	3	-0.001	-0.001	PUNCT
fbem-32831	398	1	*	*	PUNCT
fbem-32831	398	2	*	*	PUNCT
fbem-32831	398	3	-0.002	-0.002	PUNCT
fbem-32831	399	1	*	*	PUNCT
fbem-32831	399	2	*	*	PUNCT
fbem-32831	399	3	*	*	PUNCT
fbem-32831	399	4	-0.001	-0.001	PUNCT
fbem-32831	400	1	*	*	PUNCT
fbem-32831	400	2	*	*	PUNCT
fbem-32831	400	3	*	*	PUNCT
fbem-32831	400	4	(	(	PUNCT
fbem-32831	400	5	0.001	0.001	NUM
fbem-32831	400	6	)	)	PUNCT
fbem-32831	400	7	(	(	PUNCT
fbem-32831	400	8	0.000	0.000	NUM
fbem-32831	400	9	)	)	PUNCT
fbem-32831	400	10	(	(	PUNCT
fbem-32831	400	11	0.000	0.000	NUM
fbem-32831	400	12	)	)	PUNCT
fbem-32831	400	13	(	(	PUNCT
fbem-32831	400	14	0.000	0.000	NUM
fbem-32831	400	15	)	)	PUNCT
fbem-32831	400	16	lag_cash	lag_cash	NOUN
fbem-32831	400	17	-0.162	-0.162	NOUN
fbem-32831	400	18	-0.091	-0.091	NUM
fbem-32831	400	19	-0.060	-0.060	NOUN
fbem-32831	400	20	-0.049	-0.049	PUNCT
fbem-32831	400	21	(	(	PUNCT
fbem-32831	400	22	0.126	0.126	NUM
fbem-32831	400	23	)	)	PUNCT
fbem-32831	400	24	(	(	PUNCT
fbem-32831	400	25	0.083	0.083	NUM
fbem-32831	400	26	)	)	PUNCT
fbem-32831	400	27	(	(	PUNCT
fbem-32831	400	28	0.064	0.064	NUM
fbem-32831	400	29	)	)	PUNCT
fbem-32831	400	30	(	(	PUNCT
fbem-32831	400	31	0.043	0.043	NUM
fbem-32831	400	32	)	)	PUNCT
fbem-32831	401	1	_	_	NOUN
fbem-32831	401	2	cons	con	NOUN
fbem-32831	401	3	-1.673	-1.673	PUNCT
fbem-32831	401	4	*	*	PUNCT
fbem-32831	401	5	*	*	PUNCT
fbem-32831	401	6	*	*	PUNCT
fbem-32831	401	7	-0.822	-0.822	PUNCT
fbem-32831	402	1	*	*	PUNCT
fbem-32831	402	2	*	*	PUNCT
fbem-32831	402	3	*	*	PUNCT
fbem-32831	402	4	-1.160	-1.160	PUNCT
fbem-32831	403	1	*	*	PUNCT
fbem-32831	403	2	*	*	PUNCT
fbem-32831	403	3	*	*	PUNCT
fbem-32831	403	4	-0.620	-0.620	PUNCT
fbem-32831	404	1	*	*	PUNCT
fbem-32831	404	2	*	*	PUNCT
fbem-32831	404	3	*	*	PUNCT
fbem-32831	404	4	(	(	PUNCT
fbem-32831	404	5	0.398	0.398	NUM
fbem-32831	404	6	)	)	PUNCT
fbem-32831	404	7	(	(	PUNCT
fbem-32831	404	8	0.263	0.263	NUM
fbem-32831	404	9	)	)	PUNCT
fbem-32831	404	10	(	(	PUNCT
fbem-32831	404	11	0.189	0.189	NUM
fbem-32831	404	12	)	)	PUNCT
fbem-32831	404	13	(	(	PUNCT
fbem-32831	404	14	0.127	0.127	NUM
fbem-32831	404	15	)	)	PUNCT
fbem-32831	404	16	firm_fe	firm_fe	NOUN
fbem-32831	405	1	yes	yes	INTJ
fbem-32831	405	2	yes	yes	INTJ
fbem-32831	406	1	yes	yes	INTJ
fbem-32831	407	1	yes	yes	INTJ
fbem-32831	407	2	year_fe	year_fe	NOUN
fbem-32831	408	1	yes	yes	INTJ
fbem-32831	409	1	yes	yes	INTJ
fbem-32831	410	1	yes	yes	INTJ
fbem-32831	411	1	yes	yes	INTJ
fbem-32831	412	1	n	n	CCONJ
fbem-32831	412	2	12163	12163	NUM
fbem-32831	412	3	12163	12163	NUM
fbem-32831	412	4	35399	35399	NUM
fbem-32831	412	5	35399	35399	NUM
fbem-32831	412	6	r2_a	r2_a	NOUN
fbem-32831	412	7	0.087	0.087	NUM
fbem-32831	412	8	0.084	0.084	NUM
fbem-32831	412	9	0.083	0.083	NUM
fbem-32831	412	10	0.092	0.092	NUM
fbem-32831	412	11	f	f	PROPN
fbem-32831	412	12	12.974	12.974	NUM
fbem-32831	412	13	10.338	10.338	NUM
fbem-32831	412	14	27.255	27.255	NUM
fbem-32831	412	15	22.857	22.857	NUM
fbem-32831	412	16	secondly	secondly	ADV
fbem-32831	412	17	,	,	PUNCT
fbem-32831	412	18	we	we	PRON
fbem-32831	412	19	examine	examine	VERB
fbem-32831	412	20	the	the	DET
fbem-32831	412	21	moderating	moderate	VERB
fbem-32831	412	22	effect	effect	NOUN
fbem-32831	412	23	of	of	ADP
fbem-32831	412	24	corporate	corporate	ADJ
fbem-32831	412	25	operational	operational	ADJ
fbem-32831	412	26	characteristics	characteristic	NOUN
fbem-32831	412	27	by	by	ADP
fbem-32831	412	28	grouping	group	VERB
fbem-32831	412	29	firms	firm	NOUN
fbem-32831	412	30	according	accord	VERB
fbem-32831	412	31	to	to	ADP
fbem-32831	412	32	capital	capital	NOUN
fbem-32831	412	33	intensity	intensity	NOUN
fbem-32831	412	34	.	.	PUNCT
fbem-32831	413	1	capital	capital	NOUN
fbem-32831	413	2	-	-	PUNCT
fbem-32831	413	3	intensive	intensive	ADJ
fbem-32831	413	4	enterprises	enterprise	NOUN
fbem-32831	413	5	typically	typically	ADV
fbem-32831	413	6	possess	possess	VERB
fbem-32831	413	7	substantial	substantial	ADJ
fbem-32831	413	8	fixed	fix	VERB
fbem-32831	413	9	assets	asset	NOUN
fbem-32831	413	10	(	(	PUNCT
fbem-32831	413	11	such	such	ADJ
fbem-32831	413	12	as	as	ADP
fbem-32831	413	13	factories	factory	NOUN
fbem-32831	413	14	and	and	CCONJ
fbem-32831	413	15	equipment	equipment	NOUN
fbem-32831	413	16	)	)	PUNCT
fbem-32831	413	17	,	,	PUNCT
fbem-32831	413	18	whose	whose	DET
fbem-32831	413	19	value	value	NOUN
fbem-32831	413	20	and	and	CCONJ
fbem-32831	413	21	operational	operational	ADJ
fbem-32831	413	22	efficiency	efficiency	NOUN
fbem-32831	413	23	are	be	AUX
fbem-32831	413	24	highly	highly	ADV
fbem-32831	413	25	dependent	dependent	ADJ
fbem-32831	413	26	on	on	ADP
fbem-32831	413	27	stable	stable	ADJ
fbem-32831	413	28	physical	physical	ADJ
fbem-32831	413	29	environments	environment	NOUN
fbem-32831	413	30	.	.	PUNCT
fbem-32831	414	1	consequently	consequently	ADV
fbem-32831	414	2	,	,	PUNCT
fbem-32831	414	3	such	such	ADJ
fbem-32831	414	4	firms	firm	NOUN
fbem-32831	414	5	exhibit	exhibit	VERB
fbem-32831	414	6	greater	great	ADJ
fbem-32831	414	7	sensitivity	sensitivity	NOUN
fbem-32831	414	8	to	to	ADP
fbem-32831	414	9	the	the	DET
fbem-32831	414	10	physical	physical	ADJ
fbem-32831	414	11	risks	risk	NOUN
fbem-32831	414	12	of	of	ADP
fbem-32831	414	13	climate	climate	NOUN
fbem-32831	414	14	change	change	NOUN
fbem-32831	414	15	,	,	PUNCT
fbem-32831	414	16	including	include	VERB
fbem-32831	414	17	extreme	extreme	ADJ
fbem-32831	414	18	weather	weather	NOUN
fbem-32831	414	19	events	event	NOUN
fbem-32831	414	20	.	.	PUNCT
fbem-32831	415	1	simultaneously	simultaneously	ADV
fbem-32831	415	2	,	,	PUNCT
fbem-32831	415	3	many	many	ADJ
fbem-32831	415	4	capital	capital	NOUN
fbem-32831	415	5	-	-	PUNCT
fbem-32831	415	6	intensive	intensive	ADJ
fbem-32831	415	7	sectors	sector	NOUN
fbem-32831	415	8	—	—	PUNCT
fbem-32831	415	9	such	such	ADJ
fbem-32831	415	10	as	as	ADP
fbem-32831	415	11	heavy	heavy	ADJ
fbem-32831	415	12	industry	industry	NOUN
fbem-32831	415	13	and	and	CCONJ
fbem-32831	415	14	energy	energy	NOUN
fbem-32831	415	15	—	—	PUNCT
fbem-32831	415	16	are	be	AUX
fbem-32831	415	17	also	also	ADV
fbem-32831	415	18	high	high	ADJ
fbem-32831	415	19	-	-	PUNCT
fbem-32831	415	20	carbon	carbon	NOUN
fbem-32831	415	21	emitters	emitter	NOUN
fbem-32831	415	22	,	,	PUNCT
fbem-32831	415	23	facing	face	VERB
fbem-32831	415	24	more	more	ADV
fbem-32831	415	25	severe	severe	ADJ
fbem-32831	415	26	policy	policy	NOUN
fbem-32831	415	27	,	,	PUNCT
fbem-32831	415	28	technological	technological	ADJ
fbem-32831	415	29	,	,	PUNCT
fbem-32831	415	30	and	and	CCONJ
fbem-32831	415	31	market	market	NOUN
fbem-32831	415	32	transition	transition	NOUN
fbem-32831	415	33	risks	risk	NOUN
fbem-32831	415	34	.	.	PUNCT
fbem-32831	416	1	based	base	VERB
fbem-32831	416	2	on	on	ADP
fbem-32831	416	3	this	this	PRON
fbem-32831	416	4	,	,	PUNCT
fbem-32831	416	5	we	we	PRON
fbem-32831	416	6	anticipate	anticipate	VERB
fbem-32831	416	7	that	that	SCONJ
fbem-32831	416	8	the	the	DET
fbem-32831	416	9	impact	impact	NOUN
fbem-32831	416	10	of	of	ADP
fbem-32831	416	11	climate	climate	NOUN
fbem-32831	416	12	risk	risk	NOUN
fbem-32831	416	13	on	on	ADP
fbem-32831	416	14	stock	stock	NOUN
fbem-32831	416	15	price	price	NOUN
fbem-32831	416	16	crashes	crash	NOUN
fbem-32831	416	17	will	will	AUX
fbem-32831	416	18	be	be	AUX
fbem-32831	416	19	more	more	ADV
fbem-32831	416	20	pronounced	pronounce	VERB
fbem-32831	416	21	in	in	ADP
fbem-32831	416	22	enterprises	enterprise	NOUN
fbem-32831	416	23	with	with	ADP
fbem-32831	416	24	high	high	ADJ
fbem-32831	416	25	capital	capital	NOUN
fbem-32831	416	26	intensity	intensity	NOUN
fbem-32831	416	27	.	.	PUNCT
fbem-32831	417	1	the	the	DET
fbem-32831	417	2	results	result	NOUN
fbem-32831	417	3	in	in	ADP
fbem-32831	417	4	table	table	NOUN
fbem-32831	417	5	5	5	NUM
fbem-32831	417	6	-	-	SYM
fbem-32831	417	7	8	8	NUM
fbem-32831	417	8	provide	provide	VERB
fbem-32831	417	9	strong	strong	ADJ
fbem-32831	417	10	support	support	NOUN
fbem-32831	417	11	for	for	ADP
fbem-32831	417	12	this	this	DET
fbem-32831	417	13	hypothesis	hypothesis	NOUN
fbem-32831	417	14	.	.	PUNCT
fbem-32831	418	1	within	within	ADP
fbem-32831	418	2	the	the	DET
fbem-32831	418	3	low	low	ADJ
fbem-32831	418	4	capital	capital	NOUN
fbem-32831	418	5	-	-	PUNCT
fbem-32831	418	6	intensity	intensity	NOUN
fbem-32831	418	7	sample	sample	NOUN
fbem-32831	418	8	,	,	PUNCT
fbem-32831	418	9	the	the	DET
fbem-32831	418	10	coefficient	coefficient	NOUN
fbem-32831	418	11	for	for	ADP
fbem-32831	418	12	clrisk	clrisk	NOUN
fbem-32831	418	13	is	be	AUX
fbem-32831	418	14	non	non	ADJ
fbem-32831	418	15	-	-	ADJ
fbem-32831	418	16	significant	significant	ADJ
fbem-32831	418	17	.	.	PUNCT
fbem-32831	419	1	conversely	conversely	ADV
fbem-32831	419	2	,	,	PUNCT
fbem-32831	419	3	in	in	ADP
fbem-32831	419	4	the	the	DET
fbem-32831	419	5	high	high	ADJ
fbem-32831	419	6	capital	capital	NOUN
fbem-32831	419	7	intensity	intensity	NOUN
fbem-32831	419	8	sample	sample	NOUN
fbem-32831	419	9	,	,	PUNCT
fbem-32831	419	10	clrisk	clrisk	NOUN
fbem-32831	419	11	coefficients	coefficient	NOUN
fbem-32831	419	12	are	be	AUX
fbem-32831	419	13	consistently	consistently	ADV
fbem-32831	419	14	positive	positive	ADJ
fbem-32831	419	15	and	and	CCONJ
fbem-32831	419	16	significant	significant	ADJ
fbem-32831	419	17	at	at	ADP
fbem-32831	419	18	the	the	DET
fbem-32831	419	19	1	1	NUM
fbem-32831	419	20	%	%	NOUN
fbem-32831	419	21	level	level	NOUN
fbem-32831	419	22	.	.	PUNCT
fbem-32831	420	1	this	this	PRON
fbem-32831	420	2	clearly	clearly	ADV
fbem-32831	420	3	indicates	indicate	VERB
fbem-32831	420	4	that	that	SCONJ
fbem-32831	420	5	the	the	DET
fbem-32831	420	6	adverse	adverse	ADJ
fbem-32831	420	7	impact	impact	NOUN
fbem-32831	420	8	of	of	ADP
fbem-32831	420	9	climate	climate	NOUN
fbem-32831	420	10	risk	risk	NOUN
fbem-32831	420	11	is	be	AUX
fbem-32831	420	12	concentrated	concentrate	VERB
fbem-32831	420	13	among	among	ADP
fbem-32831	420	14	enterprises	enterprise	NOUN
fbem-32831	420	15	possessing	possess	VERB
fbem-32831	420	16	substantial	substantial	ADJ
fbem-32831	420	17	physical	physical	ADJ
fbem-32831	420	18	assets	asset	NOUN
fbem-32831	420	19	whose	whose	DET
fbem-32831	420	20	value	value	NOUN
fbem-32831	420	21	and	and	CCONJ
fbem-32831	420	22	operations	operation	NOUN
fbem-32831	420	23	are	be	AUX
fbem-32831	420	24	highly	highly	ADV
fbem-32831	420	25	exposed	expose	VERB
fbem-32831	420	26	to	to	ADP
fbem-32831	420	27	climate	climate	NOUN
fbem-32831	420	28	-	-	PUNCT
fbem-32831	420	29	related	relate	VERB
fbem-32831	420	30	hazards	hazard	NOUN
fbem-32831	420	31	.	.	PUNCT
fbem-32831	421	1	32	32	NUM
fbem-32831	421	2	table	table	NOUN
fbem-32831	421	3	5	5	NUM
fbem-32831	421	4	-	-	SYM
fbem-32831	421	5	8	8	NUM
fbem-32831	421	6	.	.	PUNCT
fbem-32831	422	1	heterogeneity	heterogeneity	NOUN
fbem-32831	422	2	analysis	analysis	NOUN
fbem-32831	422	3	:	:	PUNCT
fbem-32831	422	4	based	base	VERB
fbem-32831	422	5	on	on	ADP
fbem-32831	422	6	capital	capital	NOUN
fbem-32831	422	7	intensity	intensity	NOUN
fbem-32831	422	8	(	(	PUNCT
fbem-32831	422	9	1	1	NUM
fbem-32831	422	10	)	)	PUNCT
fbem-32831	422	11	(	(	PUNCT
fbem-32831	422	12	2	2	NUM
fbem-32831	422	13	)	)	PUNCT
fbem-32831	422	14	(	(	PUNCT
fbem-32831	422	15	3	3	X
fbem-32831	422	16	)	)	PUNCT
fbem-32831	422	17	(	(	PUNCT
fbem-32831	422	18	4	4	X
fbem-32831	422	19	)	)	PUNCT
fbem-32831	422	20	low	low	ADJ
fbem-32831	422	21	capital	capital	NOUN
fbem-32831	422	22	intensity	intensity	NOUN
fbem-32831	422	23	high	high	ADJ
fbem-32831	422	24	capital	capital	NOUN
fbem-32831	422	25	intensity	intensity	NOUN
fbem-32831	422	26	ncskew	ncskew	NOUN
fbem-32831	422	27	duvol	duvol	NOUN
fbem-32831	422	28	ncskew	ncskew	NOUN
fbem-32831	422	29	duvol	duvol	NOUN
fbem-32831	422	30	clrisk	clrisk	NOUN
fbem-32831	422	31	0.018	0.018	NUM
fbem-32831	422	32	0.004	0.004	NUM
fbem-32831	422	33	0.040	0.040	NUM
fbem-32831	422	34	*	*	PUNCT
fbem-32831	422	35	*	*	PUNCT
fbem-32831	422	36	*	*	PUNCT
fbem-32831	422	37	0.021	0.021	NUM
fbem-32831	422	38	*	*	PUNCT
fbem-32831	422	39	*	*	PUNCT
fbem-32831	422	40	*	*	PUNCT
fbem-32831	422	41	(	(	PUNCT
fbem-32831	422	42	0.012	0.012	NUM
fbem-32831	422	43	)	)	PUNCT
fbem-32831	422	44	(	(	PUNCT
fbem-32831	422	45	0.008	0.008	NUM
fbem-32831	422	46	)	)	PUNCT
fbem-32831	422	47	(	(	PUNCT
fbem-32831	422	48	0.010	0.010	NUM
fbem-32831	422	49	)	)	PUNCT
fbem-32831	422	50	(	(	PUNCT
fbem-32831	422	51	0.007	0.007	NUM
fbem-32831	422	52	)	)	PUNCT
fbem-32831	422	53	lag_roa	lag_roa	NOUN
fbem-32831	422	54	0.032	0.032	NUM
fbem-32831	422	55	0.033	0.033	NUM
fbem-32831	422	56	-0.221	-0.221	NOUN
fbem-32831	423	1	*	*	PUNCT
fbem-32831	423	2	*	*	PUNCT
fbem-32831	423	3	-0.148	-0.148	PUNCT
fbem-32831	424	1	*	*	PUNCT
fbem-32831	424	2	*	*	PUNCT
fbem-32831	424	3	(	(	PUNCT
fbem-32831	424	4	0.096	0.096	NUM
fbem-32831	424	5	)	)	PUNCT
fbem-32831	424	6	(	(	PUNCT
fbem-32831	424	7	0.064	0.064	NUM
fbem-32831	424	8	)	)	PUNCT
fbem-32831	424	9	(	(	PUNCT
fbem-32831	424	10	0.100	0.100	NUM
fbem-32831	424	11	)	)	PUNCT
fbem-32831	424	12	(	(	PUNCT
fbem-32831	424	13	0.065	0.065	NUM
fbem-32831	424	14	)	)	PUNCT
fbem-32831	424	15	lag_growth	lag_growth	NOUN
fbem-32831	424	16	0.000	0.000	NUM
fbem-32831	424	17	-0.003	-0.003	NOUN
fbem-32831	425	1	0.017	0.017	NUM
fbem-32831	425	2	0.007	0.007	NUM
fbem-32831	425	3	(	(	PUNCT
fbem-32831	425	4	0.015	0.015	NUM
fbem-32831	425	5	)	)	PUNCT
fbem-32831	425	6	(	(	PUNCT
fbem-32831	425	7	0.010	0.010	NUM
fbem-32831	425	8	)	)	PUNCT
fbem-32831	425	9	(	(	PUNCT
fbem-32831	425	10	0.011	0.011	NUM
fbem-32831	425	11	)	)	PUNCT
fbem-32831	425	12	(	(	PUNCT
fbem-32831	425	13	0.007	0.007	NUM
fbem-32831	425	14	)	)	PUNCT
fbem-32831	425	15	lag_size	lag_size	VERB
fbem-32831	425	16	0.061	0.061	NUM
fbem-32831	425	17	*	*	PUNCT
fbem-32831	425	18	*	*	PUNCT
fbem-32831	425	19	*	*	PUNCT
fbem-32831	426	1	0.031	0.031	NUM
fbem-32831	426	2	*	*	PUNCT
fbem-32831	426	3	*	*	PUNCT
fbem-32831	426	4	*	*	PUNCT
fbem-32831	426	5	0.029	0.029	NUM
fbem-32831	426	6	*	*	PUNCT
fbem-32831	426	7	*	*	PUNCT
fbem-32831	426	8	*	*	PUNCT
fbem-32831	426	9	0.016	0.016	NUM
fbem-32831	426	10	*	*	X
fbem-32831	426	11	*	*	PUNCT
fbem-32831	426	12	(	(	PUNCT
fbem-32831	426	13	0.013	0.013	NUM
fbem-32831	426	14	)	)	PUNCT
fbem-32831	426	15	(	(	PUNCT
fbem-32831	426	16	0.008	0.008	NUM
fbem-32831	426	17	)	)	PUNCT
fbem-32831	426	18	(	(	PUNCT
fbem-32831	426	19	0.010	0.010	NUM
fbem-32831	426	20	)	)	PUNCT
fbem-32831	426	21	(	(	PUNCT
fbem-32831	426	22	0.007	0.007	NUM
fbem-32831	426	23	)	)	PUNCT
fbem-32831	426	24	lag_tobinq	lag_tobinq	X
fbem-32831	427	1	0.071	0.071	NUM
fbem-32831	427	2	*	*	PUNCT
fbem-32831	427	3	*	*	PUNCT
fbem-32831	427	4	*	*	PUNCT
fbem-32831	427	5	0.045	0.045	NUM
fbem-32831	427	6	*	*	PUNCT
fbem-32831	427	7	*	*	PUNCT
fbem-32831	427	8	*	*	PUNCT
fbem-32831	427	9	0.068	0.068	NUM
fbem-32831	427	10	*	*	PUNCT
fbem-32831	427	11	*	*	PUNCT
fbem-32831	427	12	*	*	PUNCT
fbem-32831	427	13	0.044	0.044	NUM
fbem-32831	427	14	*	*	PUNCT
fbem-32831	427	15	*	*	PUNCT
fbem-32831	427	16	*	*	PUNCT
fbem-32831	427	17	(	(	PUNCT
fbem-32831	427	18	0.006	0.006	NUM
fbem-32831	427	19	)	)	PUNCT
fbem-32831	427	20	(	(	PUNCT
fbem-32831	427	21	0.004	0.004	NUM
fbem-32831	427	22	)	)	PUNCT
fbem-32831	427	23	(	(	PUNCT
fbem-32831	427	24	0.006	0.006	NUM
fbem-32831	427	25	)	)	PUNCT
fbem-32831	427	26	(	(	PUNCT
fbem-32831	427	27	0.004	0.004	NUM
fbem-32831	427	28	)	)	PUNCT
fbem-32831	427	29	lag_annual_return	lag_annual_return	NOUN
fbem-32831	427	30	0.072	0.072	NUM
fbem-32831	427	31	*	*	PUNCT
fbem-32831	427	32	*	*	PUNCT
fbem-32831	427	33	*	*	PUNCT
fbem-32831	427	34	0.020	0.020	NUM
fbem-32831	427	35	*	*	PUNCT
fbem-32831	427	36	0.059	0.059	NUM
fbem-32831	427	37	*	*	PUNCT
fbem-32831	427	38	*	*	PUNCT
fbem-32831	427	39	*	*	PUNCT
fbem-32831	427	40	0.019	0.019	NUM
fbem-32831	427	41	*	*	PUNCT
fbem-32831	427	42	(	(	PUNCT
fbem-32831	427	43	0.016	0.016	NUM
fbem-32831	427	44	)	)	PUNCT
fbem-32831	427	45	(	(	PUNCT
fbem-32831	427	46	0.011	0.011	NUM
fbem-32831	427	47	)	)	PUNCT
fbem-32831	427	48	(	(	PUNCT
fbem-32831	427	49	0.016	0.016	NUM
fbem-32831	427	50	)	)	PUNCT
fbem-32831	427	51	(	(	PUNCT
fbem-32831	427	52	0.011	0.011	NUM
fbem-32831	427	53	)	)	PUNCT
fbem-32831	427	54	lag_volatility	lag_volatility	NOUN
fbem-32831	427	55	-0.002	-0.002	PUNCT
fbem-32831	427	56	*	*	PUNCT
fbem-32831	427	57	*	*	PUNCT
fbem-32831	427	58	*	*	PUNCT
fbem-32831	427	59	-0.001	-0.001	PUNCT
fbem-32831	428	1	*	*	PUNCT
fbem-32831	428	2	*	*	PUNCT
fbem-32831	428	3	*	*	PUNCT
fbem-32831	428	4	-0.002	-0.002	PUNCT
fbem-32831	429	1	*	*	PUNCT
fbem-32831	429	2	*	*	PUNCT
fbem-32831	429	3	*	*	PUNCT
fbem-32831	429	4	-0.001	-0.001	PUNCT
fbem-32831	430	1	*	*	PUNCT
fbem-32831	430	2	*	*	PUNCT
fbem-32831	430	3	*	*	PUNCT
fbem-32831	430	4	(	(	PUNCT
fbem-32831	430	5	0.000	0.000	NUM
fbem-32831	430	6	)	)	PUNCT
fbem-32831	430	7	(	(	PUNCT
fbem-32831	430	8	0.000	0.000	NUM
fbem-32831	430	9	)	)	PUNCT
fbem-32831	430	10	(	(	PUNCT
fbem-32831	430	11	0.000	0.000	NUM
fbem-32831	430	12	)	)	PUNCT
fbem-32831	430	13	(	(	PUNCT
fbem-32831	430	14	0.000	0.000	NUM
fbem-32831	430	15	)	)	PUNCT
fbem-32831	430	16	lag_cash	lag_cash	NOUN
fbem-32831	430	17	-0.131	-0.131	X
fbem-32831	430	18	-0.102	-0.102	PUNCT
fbem-32831	430	19	*	*	VERB
fbem-32831	430	20	-0.027	-0.027	NOUN
fbem-32831	430	21	-0.016	-0.016	X
fbem-32831	430	22	(	(	PUNCT
fbem-32831	430	23	0.089	0.089	NUM
fbem-32831	430	24	)	)	PUNCT
fbem-32831	430	25	(	(	PUNCT
fbem-32831	430	26	0.060	0.060	NUM
fbem-32831	430	27	)	)	PUNCT
fbem-32831	430	28	(	(	PUNCT
fbem-32831	430	29	0.077	0.077	NUM
fbem-32831	430	30	)	)	PUNCT
fbem-32831	430	31	(	(	PUNCT
fbem-32831	430	32	0.050	0.050	NUM
fbem-32831	430	33	)	)	PUNCT
fbem-32831	431	1	_	_	NOUN
fbem-32831	431	2	cons	con	NOUN
fbem-32831	431	3	-1.774	-1.774	PUNCT
fbem-32831	431	4	*	*	PUNCT
fbem-32831	432	1	*	*	PUNCT
fbem-32831	432	2	*	*	PUNCT
fbem-32831	432	3	-0.928	-0.928	PUNCT
fbem-32831	433	1	*	*	PUNCT
fbem-32831	433	2	*	*	PUNCT
fbem-32831	433	3	*	*	NOUN
fbem-32831	433	4	-1.193	-1.193	PUNCT
fbem-32831	434	1	*	*	PUNCT
fbem-32831	434	2	*	*	PUNCT
fbem-32831	434	3	*	*	PUNCT
fbem-32831	435	1	-0.681	-0.681	PUNCT
fbem-32831	435	2	*	*	PUNCT
fbem-32831	435	3	*	*	PUNCT
fbem-32831	435	4	*	*	PUNCT
fbem-32831	435	5	(	(	PUNCT
fbem-32831	435	6	0.274	0.274	NUM
fbem-32831	435	7	)	)	PUNCT
fbem-32831	435	8	(	(	PUNCT
fbem-32831	435	9	0.183	0.183	NUM
fbem-32831	435	10	)	)	PUNCT
fbem-32831	435	11	(	(	PUNCT
fbem-32831	435	12	0.237	0.237	NUM
fbem-32831	435	13	)	)	PUNCT
fbem-32831	435	14	(	(	PUNCT
fbem-32831	435	15	0.158	0.158	NUM
fbem-32831	435	16	)	)	PUNCT
fbem-32831	435	17	firm_fe	firm_fe	NOUN
fbem-32831	436	1	yes	yes	INTJ
fbem-32831	436	2	yes	yes	INTJ
fbem-32831	437	1	yes	yes	INTJ
fbem-32831	438	1	yes	yes	INTJ
fbem-32831	438	2	year_fe	year_fe	NOUN
fbem-32831	439	1	yes	yes	INTJ
fbem-32831	440	1	yes	yes	INTJ
fbem-32831	441	1	yes	yes	INTJ
fbem-32831	442	1	yes	yes	INTJ
fbem-32831	443	1	n	n	CCONJ
fbem-32831	443	2	23339	23339	NUM
fbem-32831	443	3	23339	23339	NUM
fbem-32831	443	4	23352	23352	NUM
fbem-32831	443	5	23352	23352	NUM
fbem-32831	443	6	r2_a	r2_a	NOUN
fbem-32831	443	7	0.081	0.081	NUM
fbem-32831	443	8	0.089	0.089	NUM
fbem-32831	443	9	0.083	0.083	NUM
fbem-32831	443	10	0.085	0.085	NUM
fbem-32831	443	11	f	f	PROPN
fbem-32831	443	12	22.145	22.145	NUM
fbem-32831	443	13	17.299	17.299	NUM
fbem-32831	443	14	18.182	18.182	NUM
fbem-32831	443	15	16.236	16.236	NUM
fbem-32831	443	16	in	in	ADP
fbem-32831	443	17	summary	summary	NOUN
fbem-32831	443	18	,	,	PUNCT
fbem-32831	443	19	the	the	DET
fbem-32831	443	20	heterogeneity	heterogeneity	NOUN
fbem-32831	443	21	analysis	analysis	NOUN
fbem-32831	443	22	reveals	reveal	VERB
fbem-32831	443	23	the	the	DET
fbem-32831	443	24	boundary	boundary	ADJ
fbem-32831	443	25	conditions	condition	NOUN
fbem-32831	443	26	under	under	ADP
fbem-32831	443	27	which	which	PRON
fbem-32831	443	28	climate	climate	NOUN
fbem-32831	443	29	risks	risk	NOUN
fbem-32831	443	30	impact	impact	VERB
fbem-32831	443	31	stock	stock	NOUN
fbem-32831	443	32	price	price	NOUN
fbem-32831	443	33	collapses	collapse	VERB
fbem-32831	443	34	:	:	PUNCT
fbem-32831	443	35	this	this	DET
fbem-32831	443	36	negative	negative	ADJ
fbem-32831	443	37	effect	effect	NOUN
fbem-32831	443	38	is	be	AUX
fbem-32831	443	39	not	not	PART
fbem-32831	443	40	uniform	uniform	ADJ
fbem-32831	443	41	,	,	PUNCT
fbem-32831	443	42	but	but	CCONJ
fbem-32831	443	43	manifests	manifest	NOUN
fbem-32831	443	44	most	most	ADV
fbem-32831	443	45	pronouncedly	pronouncedly	ADV
fbem-32831	443	46	in	in	ADP
fbem-32831	443	47	enterprises	enterprise	NOUN
fbem-32831	443	48	with	with	ADP
fbem-32831	443	49	higher	high	ADJ
fbem-32831	443	50	corporate	corporate	ADJ
fbem-32831	443	51	governance	governance	NOUN
fbem-32831	443	52	standards	standard	NOUN
fbem-32831	443	53	and	and	CCONJ
fbem-32831	443	54	greater	great	ADJ
fbem-32831	443	55	capital	capital	NOUN
fbem-32831	443	56	intensity	intensity	NOUN
fbem-32831	443	57	.	.	PUNCT
fbem-32831	444	1	5.6	5.6	NUM
fbem-32831	444	2	.	.	PUNCT
fbem-32831	444	3	mechanism	mechanism	NOUN
fbem-32831	444	4	testing	testing	NOUN
fbem-32831	444	5	:	:	PUNCT
fbem-32831	444	6	mediating	mediate	VERB
fbem-32831	444	7	effects	effect	NOUN
fbem-32831	444	8	of	of	ADP
fbem-32831	444	9	supply	supply	NOUN
fbem-32831	444	10	chain	chain	NOUN
fbem-32831	444	11	resilience	resilience	NOUN
fbem-32831	444	12	this	this	DET
fbem-32831	444	13	section	section	NOUN
fbem-32831	444	14	employs	employ	VERB
fbem-32831	444	15	the	the	DET
fbem-32831	444	16	proportion	proportion	NOUN
fbem-32831	444	17	of	of	ADP
fbem-32831	444	18	procurement	procurement	NOUN
fbem-32831	444	19	from	from	ADP
fbem-32831	444	20	core	core	NOUN
fbem-32831	444	21	suppliers	supplier	NOUN
fbem-32831	444	22	(	(	PUNCT
fbem-32831	444	23	supplier	supplier	NOUN
fbem-32831	444	24	concentration	concentration	NOUN
fbem-32831	444	25	)	)	PUNCT
fbem-32831	444	26	as	as	ADP
fbem-32831	444	27	a	a	DET
fbem-32831	444	28	proxy	proxy	NOUN
fbem-32831	444	29	variable	variable	NOUN
fbem-32831	444	30	for	for	ADP
fbem-32831	444	31	supply	supply	NOUN
fbem-32831	444	32	chain	chain	NOUN
fbem-32831	444	33	resilience	resilience	NOUN
fbem-32831	444	34	in	in	ADP
fbem-32831	444	35	regression	regression	NOUN
fbem-32831	444	36	analysis	analysis	NOUN
fbem-32831	444	37	,	,	PUNCT
fbem-32831	444	38	with	with	ADP
fbem-32831	444	39	results	result	NOUN
fbem-32831	444	40	presented	present	VERB
fbem-32831	444	41	in	in	ADP
fbem-32831	444	42	table	table	NOUN
fbem-32831	444	43	5	5	NUM
fbem-32831	444	44	-	-	SYM
fbem-32831	444	45	9	9	NUM
fbem-32831	444	46	.	.	PUNCT
fbem-32831	444	47	column	column	NOUN
fbem-32831	444	48	(	(	PUNCT
fbem-32831	444	49	1	1	X
fbem-32831	444	50	)	)	PUNCT
fbem-32831	444	51	reports	report	NOUN
fbem-32831	444	52	regression	regression	VERB
fbem-32831	444	53	results	result	NOUN
fbem-32831	444	54	for	for	ADP
fbem-32831	444	55	the	the	DET
fbem-32831	444	56	impact	impact	NOUN
fbem-32831	444	57	of	of	ADP
fbem-32831	444	58	climate	climate	NOUN
fbem-32831	444	59	risk	risk	NOUN
fbem-32831	444	60	on	on	ADP
fbem-32831	444	61	corporate	corporate	ADJ
fbem-32831	444	62	supply	supply	NOUN
fbem-32831	444	63	chain	chain	NOUN
fbem-32831	444	64	resilience	resilience	NOUN
fbem-32831	444	65	.	.	PUNCT
fbem-32831	445	1	findings	finding	NOUN
fbem-32831	445	2	indicate	indicate	VERB
fbem-32831	445	3	that	that	SCONJ
fbem-32831	445	4	the	the	DET
fbem-32831	445	5	coefficient	coefficient	NOUN
fbem-32831	445	6	for	for	ADP
fbem-32831	445	7	clrisk	clrisk	NOUN
fbem-32831	445	8	is	be	AUX
fbem-32831	445	9	0.563	0.563	NUM
fbem-32831	445	10	,	,	PUNCT
fbem-32831	445	11	significantly	significantly	ADV
fbem-32831	445	12	negative	negative	ADJ
fbem-32831	445	13	at	at	ADP
fbem-32831	445	14	the	the	DET
fbem-32831	445	15	1	1	NUM
fbem-32831	445	16	%	%	NOUN
fbem-32831	445	17	level	level	NOUN
fbem-32831	445	18	.	.	PUNCT
fbem-32831	446	1	this	this	PRON
fbem-32831	446	2	signifies	signify	VERB
fbem-32831	446	3	that	that	SCONJ
fbem-32831	446	4	for	for	SCONJ
fbem-32831	446	5	each	each	DET
fbem-32831	446	6	unit	unit	NOUN
fbem-32831	446	7	increase	increase	VERB
fbem-32831	446	8	in	in	ADP
fbem-32831	446	9	climate	climate	NOUN
fbem-32831	446	10	risk	risk	NOUN
fbem-32831	446	11	faced	face	VERB
fbem-32831	446	12	by	by	ADP
fbem-32831	446	13	an	an	DET
fbem-32831	446	14	enterprise	enterprise	NOUN
fbem-32831	446	15	,	,	PUNCT
fbem-32831	446	16	its	its	PRON
fbem-32831	446	17	supply	supply	NOUN
fbem-32831	446	18	chain	chain	NOUN
fbem-32831	446	19	resilience	resilience	NOUN
fbem-32831	446	20	decreases	decrease	VERB
fbem-32831	446	21	significantly	significantly	ADV
fbem-32831	446	22	by	by	ADP
fbem-32831	446	23	0.563	0.563	NUM
fbem-32831	446	24	units	unit	NOUN
fbem-32831	446	25	.	.	PUNCT
fbem-32831	447	1	this	this	PRON
fbem-32831	447	2	demonstrates	demonstrate	VERB
fbem-32831	447	3	that	that	SCONJ
fbem-32831	447	4	enterprises	enterprise	NOUN
fbem-32831	447	5	confronting	confront	VERB
fbem-32831	447	6	higher	high	ADJ
fbem-32831	447	7	climate	climate	NOUN
fbem-32831	447	8	risks	risk	NOUN
fbem-32831	447	9	exhibit	exhibit	VERB
fbem-32831	447	10	markedly	markedly	ADV
fbem-32831	447	11	diminished	diminish	VERB
fbem-32831	447	12	supply	supply	NOUN
fbem-32831	447	13	chain	chain	NOUN
fbem-32831	447	14	resilience	resilience	NOUN
fbem-32831	447	15	.	.	PUNCT
fbem-32831	448	1	from	from	ADP
fbem-32831	448	2	a	a	DET
fbem-32831	448	3	corporate	corporate	ADJ
fbem-32831	448	4	behaviour	behaviour	NOUN
fbem-32831	448	5	perspective	perspective	NOUN
fbem-32831	448	6	,	,	PUNCT
fbem-32831	448	7	when	when	SCONJ
fbem-32831	448	8	confronting	confront	VERB
fbem-32831	448	9	highly	highly	ADV
fbem-32831	448	10	uncertain	uncertain	ADJ
fbem-32831	448	11	external	external	ADJ
fbem-32831	448	12	shocks	shock	NOUN
fbem-32831	448	13	such	such	ADJ
fbem-32831	448	14	as	as	ADP
fbem-32831	448	15	climate	climate	NOUN
fbem-32831	448	16	risk	risk	NOUN
fbem-32831	448	17	,	,	PUNCT
fbem-32831	448	18	management	management	NOUN
fbem-32831	448	19	tends	tend	VERB
fbem-32831	448	20	to	to	PART
fbem-32831	448	21	adopt	adopt	VERB
fbem-32831	448	22	defensive	defensive	ADJ
fbem-32831	448	23	strategies	strategy	NOUN
fbem-32831	448	24	like	like	ADP
fbem-32831	448	25	supplier	supplier	NOUN
fbem-32831	448	26	diversification	diversification	NOUN
fbem-32831	448	27	.	.	PUNCT
fbem-32831	449	1	whilst	whilst	SCONJ
fbem-32831	449	2	this	this	DET
fbem-32831	449	3	approach	approach	NOUN
fbem-32831	449	4	mitigates	mitigate	VERB
fbem-32831	449	5	supply	supply	NOUN
fbem-32831	449	6	disruption	disruption	NOUN
fbem-32831	449	7	risks	risk	NOUN
fbem-32831	449	8	in	in	ADP
fbem-32831	449	9	the	the	DET
fbem-32831	449	10	short	short	ADJ
fbem-32831	449	11	term	term	NOUN
fbem-32831	449	12	,	,	PUNCT
fbem-32831	449	13	the	the	DET
fbem-32831	449	14	long	long	ADJ
fbem-32831	449	15	-	-	PUNCT
fbem-32831	449	16	term	term	NOUN
fbem-32831	449	17	absence	absence	NOUN
fbem-32831	449	18	of	of	ADP
fbem-32831	449	19	strong	strong	ADJ
fbem-32831	449	20	connections	connection	NOUN
fbem-32831	449	21	at	at	ADP
fbem-32831	449	22	critical	critical	ADJ
fbem-32831	449	23	nodes	node	NOUN
fbem-32831	449	24	may	may	AUX
fbem-32831	449	25	diminish	diminish	VERB
fbem-32831	449	26	the	the	DET
fbem-32831	449	27	overall	overall	ADJ
fbem-32831	449	28	adaptability	adaptability	NOUN
fbem-32831	449	29	and	and	CCONJ
fbem-32831	449	30	resilience	resilience	NOUN
fbem-32831	449	31	of	of	ADP
fbem-32831	449	32	the	the	DET
fbem-32831	449	33	supply	supply	NOUN
fbem-32831	449	34	chain	chain	NOUN
fbem-32831	449	35	,	,	PUNCT
fbem-32831	449	36	thereby	thereby	ADV
fbem-32831	449	37	undermining	undermine	VERB
fbem-32831	449	38	its	its	PRON
fbem-32831	449	39	relational	relational	ADJ
fbem-32831	449	40	resilience	resilience	NOUN
fbem-32831	449	41	.	.	PUNCT
fbem-32831	450	1	table	table	NOUN
fbem-32831	450	2	5	5	NUM
fbem-32831	450	3	-	-	SYM
fbem-32831	450	4	9	9	NUM
fbem-32831	450	5	.	.	PUNCT
fbem-32831	450	6	mechanism	mechanism	NOUN
fbem-32831	450	7	test	test	NOUN
fbem-32831	450	8	(	(	PUNCT
fbem-32831	450	9	1	1	NUM
fbem-32831	450	10	)	)	PUNCT
fbem-32831	450	11	(	(	PUNCT
fbem-32831	450	12	2	2	NUM
fbem-32831	450	13	)	)	PUNCT
fbem-32831	450	14	(	(	PUNCT
fbem-32831	450	15	3	3	X
fbem-32831	450	16	)	)	PUNCT
fbem-32831	450	17	supplier_ratio	supplier_ratio	NOUN
fbem-32831	450	18	ncskew	ncskew	NOUN
fbem-32831	450	19	duvol	duvol	NOUN
fbem-32831	450	20	supplier_ratio	supplier_ratio	PROPN
fbem-32831	450	21	-0.001	-0.001	PUNCT
fbem-32831	450	22	*	*	PUNCT
fbem-32831	450	23	-0.001	-0.001	PUNCT
fbem-32831	450	24	*	*	PUNCT
fbem-32831	450	25	(	(	PUNCT
fbem-32831	450	26	0.000	0.000	NUM
fbem-32831	450	27	)	)	PUNCT
fbem-32831	450	28	(	(	PUNCT
fbem-32831	450	29	0.000	0.000	X
fbem-32831	450	30	)	)	PUNCT
fbem-32831	450	31	clrisk	clrisk	NOUN
fbem-32831	450	32	-0.563	-0.563	NOUN
fbem-32831	450	33	*	*	PUNCT
fbem-32831	450	34	*	*	PUNCT
fbem-32831	450	35	*	*	NOUN
fbem-32831	450	36	0.018	0.018	NUM
fbem-32831	450	37	*	*	PUNCT
fbem-32831	450	38	0.008	0.008	NUM
fbem-32831	450	39	(	(	PUNCT
fbem-32831	450	40	0.132	0.132	NUM
fbem-32831	450	41	)	)	PUNCT
fbem-32831	450	42	(	(	PUNCT
fbem-32831	450	43	0.010	0.010	NUM
fbem-32831	450	44	)	)	PUNCT
fbem-32831	450	45	(	(	PUNCT
fbem-32831	450	46	0.007	0.007	NUM
fbem-32831	450	47	)	)	PUNCT
fbem-32831	450	48	lag_roa	lag_roa	NOUN
fbem-32831	450	49	3.548	3.548	NUM
fbem-32831	450	50	*	*	PUNCT
fbem-32831	450	51	*	*	PUNCT
fbem-32831	450	52	*	*	PUNCT
fbem-32831	450	53	-0.096	-0.096	PUNCT
fbem-32831	450	54	-0.058	-0.058	X
fbem-32831	450	55	(	(	PUNCT
fbem-32831	450	56	1.012	1.012	NUM
fbem-32831	450	57	)	)	PUNCT
fbem-32831	450	58	(	(	PUNCT
fbem-32831	450	59	0.078	0.078	NUM
fbem-32831	450	60	)	)	PUNCT
fbem-32831	450	61	(	(	PUNCT
fbem-32831	450	62	0.054	0.054	NUM
fbem-32831	450	63	)	)	PUNCT
fbem-32831	450	64	lag_growth	lag_growth	NOUN
fbem-32831	450	65	-0.090	-0.090	PUNCT
fbem-32831	450	66	0.013	0.013	NUM
fbem-32831	450	67	0.003	0.003	NUM
fbem-32831	450	68	(	(	PUNCT
fbem-32831	450	69	0.131	0.131	NUM
fbem-32831	450	70	)	)	PUNCT
fbem-32831	450	71	(	(	PUNCT
fbem-32831	450	72	0.010	0.010	NUM
fbem-32831	450	73	)	)	PUNCT
fbem-32831	450	74	(	(	PUNCT
fbem-32831	450	75	0.007	0.007	NUM
fbem-32831	450	76	)	)	PUNCT
fbem-32831	450	77	lag_size	lag_size	NOUN
fbem-32831	450	78	-2.066	-2.066	NOUN
fbem-32831	450	79	*	*	PUNCT
fbem-32831	450	80	*	*	PUNCT
fbem-32831	450	81	*	*	PUNCT
fbem-32831	450	82	0.038	0.038	NUM
fbem-32831	450	83	*	*	PUNCT
fbem-32831	450	84	*	*	PUNCT
fbem-32831	450	85	*	*	PUNCT
fbem-32831	450	86	0.017	0.017	NUM
fbem-32831	450	87	*	*	PUNCT
fbem-32831	450	88	*	*	PUNCT
fbem-32831	450	89	*	*	PUNCT
fbem-32831	450	90	(	(	PUNCT
fbem-32831	450	91	0.122	0.122	NUM
fbem-32831	450	92	)	)	PUNCT
fbem-32831	450	93	(	(	PUNCT
fbem-32831	450	94	0.009	0.009	NUM
fbem-32831	450	95	)	)	PUNCT
fbem-32831	450	96	(	(	PUNCT
fbem-32831	450	97	0.006	0.006	NUM
fbem-32831	450	98	)	)	PUNCT
fbem-32831	450	99	lag_tobinq	lag_tobinq	PUNCT
fbem-32831	451	1	0.080	0.080	NUM
fbem-32831	451	2	0.072	0.072	NUM
fbem-32831	451	3	*	*	PUNCT
fbem-32831	451	4	*	*	PUNCT
fbem-32831	451	5	*	*	PUNCT
fbem-32831	451	6	0.048	0.048	NUM
fbem-32831	451	7	*	*	NOUN
fbem-32831	451	8	*	*	PUNCT
fbem-32831	451	9	*	*	PUNCT
fbem-32831	451	10	(	(	PUNCT
fbem-32831	451	11	0.064	0.064	NUM
fbem-32831	451	12	)	)	PUNCT
fbem-32831	451	13	(	(	PUNCT
fbem-32831	451	14	0.005	0.005	NUM
fbem-32831	451	15	)	)	PUNCT
fbem-32831	451	16	(	(	PUNCT
fbem-32831	451	17	0.003	0.003	NUM
fbem-32831	451	18	)	)	PUNCT
fbem-32831	451	19	lag_annual_return	lag_annual_return	NOUN
fbem-32831	451	20	0.171	0.171	NUM
fbem-32831	451	21	0.059	0.059	NUM
fbem-32831	451	22	*	*	PUNCT
fbem-32831	451	23	*	*	PUNCT
fbem-32831	451	24	*	*	PUNCT
fbem-32831	451	25	0.016	0.016	NUM
fbem-32831	451	26	*	*	PUNCT
fbem-32831	451	27	(	(	PUNCT
fbem-32831	451	28	0.170	0.170	NUM
fbem-32831	451	29	)	)	PUNCT
fbem-32831	451	30	(	(	PUNCT
fbem-32831	451	31	0.012	0.012	NUM
fbem-32831	451	32	)	)	PUNCT
fbem-32831	451	33	(	(	PUNCT
fbem-32831	451	34	0.009	0.009	NUM
fbem-32831	451	35	)	)	PUNCT
fbem-32831	451	36	lag_volatility	lag_volatility	NOUN
fbem-32831	451	37	-0.008	-0.008	NOUN
fbem-32831	451	38	*	*	PUNCT
fbem-32831	451	39	*	*	PUNCT
fbem-32831	451	40	-0.002	-0.002	PUNCT
fbem-32831	451	41	*	*	PUNCT
fbem-32831	451	42	*	*	PUNCT
fbem-32831	451	43	*	*	PUNCT
fbem-32831	451	44	-0.001	-0.001	PUNCT
fbem-32831	452	1	*	*	PUNCT
fbem-32831	452	2	*	*	PUNCT
fbem-32831	452	3	*	*	PUNCT
fbem-32831	452	4	(	(	PUNCT
fbem-32831	452	5	0.004	0.004	NUM
fbem-32831	452	6	)	)	PUNCT
fbem-32831	452	7	(	(	PUNCT
fbem-32831	452	8	0.000	0.000	NUM
fbem-32831	452	9	)	)	PUNCT
fbem-32831	452	10	(	(	PUNCT
fbem-32831	452	11	0.000	0.000	NUM
fbem-32831	452	12	)	)	PUNCT
fbem-32831	452	13	lag_cash	lag_cash	NOUN
fbem-32831	452	14	-2.402	-2.402	NOUN
fbem-32831	452	15	*	*	PUNCT
fbem-32831	452	16	*	*	PUNCT
fbem-32831	452	17	*	*	PUNCT
fbem-32831	452	18	-0.095	-0.095	PUNCT
fbem-32831	452	19	-0.081	-0.081	NOUN
fbem-32831	452	20	*	*	PUNCT
fbem-32831	452	21	(	(	PUNCT
fbem-32831	452	22	0.899	0.899	NUM
fbem-32831	452	23	)	)	PUNCT
fbem-32831	452	24	(	(	PUNCT
fbem-32831	452	25	0.068	0.068	NUM
fbem-32831	452	26	)	)	PUNCT
fbem-32831	452	27	(	(	PUNCT
fbem-32831	452	28	0.047	0.047	NUM
fbem-32831	452	29	)	)	PUNCT
fbem-32831	452	30	_	_	PUNCT
fbem-32831	452	31	cons	con	NOUN
fbem-32831	452	32	67.343	67.343	NUM
fbem-32831	452	33	*	*	PUNCT
fbem-32831	452	34	*	*	PUNCT
fbem-32831	452	35	*	*	PUNCT
fbem-32831	452	36	-1.277	-1.277	NOUN
fbem-32831	452	37	*	*	PUNCT
fbem-32831	452	38	*	*	PUNCT
fbem-32831	452	39	*	*	PUNCT
fbem-32831	452	40	-0.650	-0.650	PUNCT
fbem-32831	452	41	*	*	PUNCT
fbem-32831	452	42	*	*	PUNCT
fbem-32831	452	43	*	*	PUNCT
fbem-32831	452	44	(	(	PUNCT
fbem-32831	452	45	2.682	2.682	NUM
fbem-32831	452	46	)	)	PUNCT
fbem-32831	452	47	(	(	PUNCT
fbem-32831	452	48	0.203	0.203	NUM
fbem-32831	452	49	)	)	PUNCT
fbem-32831	452	50	(	(	PUNCT
fbem-32831	452	51	0.141	0.141	NUM
fbem-32831	452	52	)	)	PUNCT
fbem-32831	452	53	firm_fe	firm_fe	NOUN
fbem-32831	453	1	yes	yes	INTJ
fbem-32831	453	2	yes	yes	INTJ
fbem-32831	454	1	yes	yes	INTJ
fbem-32831	454	2	year_fe	year_fe	NOUN
fbem-32831	455	1	yes	yes	INTJ
fbem-32831	456	1	yes	yes	INTJ
fbem-32831	457	1	yes	yes	INTJ
fbem-32831	458	1	n	n	ADV
fbem-32831	458	2	38073	38073	NUM
fbem-32831	458	3	38073	38073	NUM
fbem-32831	458	4	38073	38073	NUM
fbem-32831	458	5	r2_a	r2_a	NOUN
fbem-32831	458	6	0.676	0.676	NUM
fbem-32831	458	7	0.073	0.073	NUM
fbem-32831	458	8	0.077	0.077	NUM
fbem-32831	458	9	f	f	PROPN
fbem-32831	459	1	53.007	53.007	NUM
fbem-32831	459	2	31.088	31.088	NUM
fbem-32831	459	3	23.238	23.238	NUM
fbem-32831	459	4	furthermore	furthermore	ADV
fbem-32831	459	5	,	,	PUNCT
fbem-32831	459	6	the	the	DET
fbem-32831	459	7	weakening	weakening	NOUN
fbem-32831	459	8	of	of	ADP
fbem-32831	459	9	supply	supply	NOUN
fbem-32831	459	10	chain	chain	NOUN
fbem-32831	459	11	resilience	resilience	NOUN
fbem-32831	459	12	(	(	PUNCT
fbem-32831	459	13	i.e.	i.e.	X
fbem-32831	459	14	,	,	PUNCT
fbem-32831	459	15	declining	decline	VERB
fbem-32831	459	16	supplier	supplier	NOUN
fbem-32831	459	17	concentration	concentration	NOUN
fbem-32831	459	18	)	)	PUNCT
fbem-32831	459	19	heightens	heighten	VERB
fbem-32831	459	20	the	the	DET
fbem-32831	459	21	risk	risk	NOUN
fbem-32831	459	22	of	of	ADP
fbem-32831	459	23	share	share	NOUN
fbem-32831	459	24	33	33	NUM
fbem-32831	459	25	price	price	NOUN
fbem-32831	459	26	collapses	collapse	NOUN
fbem-32831	459	27	.	.	PUNCT
fbem-32831	460	1	columns	column	NOUN
fbem-32831	460	2	(	(	PUNCT
fbem-32831	460	3	2	2	NUM
fbem-32831	460	4	)	)	PUNCT
fbem-32831	460	5	and	and	CCONJ
fbem-32831	460	6	(	(	PUNCT
fbem-32831	460	7	3	3	X
fbem-32831	460	8	)	)	PUNCT
fbem-32831	460	9	incorporate	incorporate	VERB
fbem-32831	460	10	both	both	DET
fbem-32831	460	11	climate	climate	NOUN
fbem-32831	460	12	risk	risk	NOUN
fbem-32831	460	13	and	and	CCONJ
fbem-32831	460	14	supply	supply	NOUN
fbem-32831	460	15	chain	chain	NOUN
fbem-32831	460	16	resilience	resilience	NOUN
fbem-32831	460	17	into	into	ADP
fbem-32831	460	18	the	the	DET
fbem-32831	460	19	regression	regression	NOUN
fbem-32831	460	20	model	model	NOUN
fbem-32831	460	21	for	for	ADP
fbem-32831	460	22	stock	stock	NOUN
fbem-32831	460	23	price	price	NOUN
fbem-32831	460	24	crash	crash	NOUN
fbem-32831	460	25	risk	risk	NOUN
fbem-32831	460	26	.	.	PUNCT
fbem-32831	461	1	the	the	DET
fbem-32831	461	2	coefficient	coefficient	NOUN
fbem-32831	461	3	for	for	ADP
fbem-32831	461	4	supplier_ratio	supplier_ratio	PROPN
fbem-32831	461	5	was	be	AUX
fbem-32831	461	6	0.001	0.001	NUM
fbem-32831	461	7	in	in	ADP
fbem-32831	461	8	both	both	DET
fbem-32831	461	9	models	model	NOUN
fbem-32831	461	10	and	and	CCONJ
fbem-32831	461	11	remained	remain	VERB
fbem-32831	461	12	significantly	significantly	ADV
fbem-32831	461	13	negative	negative	ADJ
fbem-32831	461	14	at	at	ADP
fbem-32831	461	15	the	the	DET
fbem-32831	461	16	10	10	NUM
fbem-32831	461	17	%	%	NOUN
fbem-32831	461	18	level	level	NOUN
fbem-32831	461	19	.	.	PUNCT
fbem-32831	462	1	this	this	PRON
fbem-32831	462	2	indicates	indicate	VERB
fbem-32831	462	3	that	that	SCONJ
fbem-32831	462	4	,	,	PUNCT
fbem-32831	462	5	after	after	ADP
fbem-32831	462	6	controlling	control	VERB
fbem-32831	462	7	for	for	ADP
fbem-32831	462	8	other	other	ADJ
fbem-32831	462	9	factors	factor	NOUN
fbem-32831	462	10	,	,	PUNCT
fbem-32831	462	11	stronger	strong	ADJ
fbem-32831	462	12	supply	supply	NOUN
fbem-32831	462	13	chain	chain	NOUN
fbem-32831	462	14	resilience	resilience	NOUN
fbem-32831	462	15	is	be	AUX
fbem-32831	462	16	significantly	significantly	ADV
fbem-32831	462	17	associated	associate	VERB
fbem-32831	462	18	with	with	ADP
fbem-32831	462	19	lower	low	ADJ
fbem-32831	462	20	stock	stock	NOUN
fbem-32831	462	21	price	price	NOUN
fbem-32831	462	22	crash	crash	NOUN
fbem-32831	462	23	risk	risk	NOUN
fbem-32831	462	24	.	.	PUNCT
fbem-32831	463	1	following	follow	VERB
fbem-32831	463	2	the	the	DET
fbem-32831	463	3	inclusion	inclusion	NOUN
fbem-32831	463	4	of	of	ADP
fbem-32831	463	5	the	the	DET
fbem-32831	463	6	mediating	mediate	VERB
fbem-32831	463	7	variable	variable	ADJ
fbem-32831	463	8	supplier_ratio	supplier_ratio	NOUN
fbem-32831	463	9	,	,	PUNCT
fbem-32831	463	10	the	the	DET
fbem-32831	463	11	coefficient	coefficient	NOUN
fbem-32831	463	12	for	for	ADP
fbem-32831	463	13	the	the	DET
fbem-32831	463	14	core	core	ADJ
fbem-32831	463	15	explanatory	explanatory	ADJ
fbem-32831	463	16	variable	variable	ADJ
fbem-32831	463	17	clrisk	clrisk	NOUN
fbem-32831	463	18	remained	remain	VERB
fbem-32831	463	19	positive	positive	ADJ
fbem-32831	463	20	but	but	CCONJ
fbem-32831	463	21	decreased	decrease	VERB
fbem-32831	463	22	in	in	ADP
fbem-32831	463	23	magnitude	magnitude	NOUN
fbem-32831	463	24	and	and	CCONJ
fbem-32831	463	25	significance	significance	NOUN
fbem-32831	463	26	.	.	PUNCT
fbem-32831	464	1	this	this	PRON
fbem-32831	464	2	can	can	AUX
fbem-32831	464	3	be	be	AUX
fbem-32831	464	4	explained	explain	VERB
fbem-32831	464	5	primarily	primarily	ADV
fbem-32831	464	6	from	from	ADP
fbem-32831	464	7	two	two	NUM
fbem-32831	464	8	perspectives	perspective	NOUN
fbem-32831	464	9	.	.	PUNCT
fbem-32831	465	1	firstly	firstly	ADV
fbem-32831	465	2	,	,	PUNCT
fbem-32831	465	3	from	from	ADP
fbem-32831	465	4	an	an	DET
fbem-32831	465	5	information	information	NOUN
fbem-32831	465	6	asymmetry	asymmetry	NOUN
fbem-32831	465	7	standpoint	standpoint	NOUN
fbem-32831	465	8	,	,	PUNCT
fbem-32831	465	9	diminished	diminish	VERB
fbem-32831	465	10	supply	supply	NOUN
fbem-32831	465	11	chain	chain	NOUN
fbem-32831	465	12	resilience	resilience	NOUN
fbem-32831	465	13	leads	lead	VERB
fbem-32831	465	14	to	to	ADP
fbem-32831	465	15	unstable	unstable	ADJ
fbem-32831	465	16	supply	supply	NOUN
fbem-32831	465	17	and	and	CCONJ
fbem-32831	465	18	inconsistent	inconsistent	ADJ
fbem-32831	465	19	raw	raw	ADJ
fbem-32831	465	20	material	material	NOUN
fbem-32831	465	21	quality	quality	NOUN
fbem-32831	465	22	.	.	PUNCT
fbem-32831	466	1	these	these	DET
fbem-32831	466	2	critical	critical	ADJ
fbem-32831	466	3	non	non	ADJ
fbem-32831	466	4	financial	financial	ADJ
fbem-32831	466	5	insights	insight	NOUN
fbem-32831	466	6	remain	remain	VERB
fbem-32831	466	7	embedd	embedd	NOUN
fbem-32831	466	8	ed	ed	NOUN
fbem-32831	466	9	within	within	ADP
fbem-32831	466	10	the	the	DET
fbem-32831	466	11	supply	supply	NOUN
fbem-32831	466	12	chain	chain	NOUN
fbem-32831	466	13	network	network	NOUN
fbem-32831	466	14	,	,	PUNCT
fbem-32831	466	15	often	often	ADV
fbem-32831	466	16	concealed	conceal	VERB
fbem-32831	466	17	or	or	CCONJ
fbem-32831	466	18	disclosed	disclose	VERB
fbem-32831	466	19	with	with	ADP
fbem-32831	466	20	delay	delay	NOUN
fbem-32831	466	21	,	,	PUNCT
fbem-32831	466	22	preventing	prevent	VERB
fbem-32831	466	23	external	external	ADJ
fbem-32831	466	24	investors	investor	NOUN
fbem-32831	466	25	from	from	ADP
fbem-32831	466	26	accessing	access	VERB
fbem-32831	466	27	them	they	PRON
fbem-32831	466	28	promptly	promptly	ADV
fbem-32831	466	29	and	and	CCONJ
fbem-32831	466	30	accurately	accurately	ADV
fbem-32831	466	31	.	.	PUNCT
fbem-32831	467	1	concurrently	concurrently	ADV
fbem-32831	467	2	,	,	PUNCT
fbem-32831	467	3	management	management	NOUN
fbem-32831	467	4	may	may	AUX
fbem-32831	467	5	seek	seek	VERB
fbem-32831	467	6	to	to	PART
fbem-32831	467	7	obscure	obscure	VERB
fbem-32831	467	8	such	such	ADJ
fbem-32831	467	9	adverse	adverse	ADJ
fbem-32831	467	10	operational	operational	ADJ
fbem-32831	467	11	conditions	condition	NOUN
fbem-32831	467	12	.	.	PUNCT
fbem-32831	468	1	the	the	DET
fbem-32831	468	2	persistent	persistent	ADJ
fbem-32831	468	3	accumulation	accumulation	NOUN
fbem-32831	468	4	of	of	ADP
fbem-32831	468	5	negative	negative	ADJ
fbem-32831	468	6	information	information	NOUN
fbem-32831	468	7	consequently	consequently	ADV
fbem-32831	468	8	heightens	heighten	VERB
fbem-32831	468	9	the	the	DET
fbem-32831	468	10	risk	risk	NOUN
fbem-32831	468	11	of	of	ADP
fbem-32831	468	12	collapse	collapse	NOUN
fbem-32831	468	13	.	.	PUNCT
fbem-32831	469	1	secondly	secondly	ADV
fbem-32831	469	2	,	,	PUNCT
fbem-32831	469	3	from	from	ADP
fbem-32831	469	4	a	a	DET
fbem-32831	469	5	corporate	corporate	ADJ
fbem-32831	469	6	fundamentals	fundamental	NOUN
fbem-32831	469	7	perspective	perspective	NOUN
fbem-32831	469	8	,	,	PUNCT
fbem-32831	469	9	diminished	diminish	VERB
fbem-32831	469	10	supply	supply	NOUN
fbem-32831	469	11	chain	chain	NOUN
fbem-32831	469	12	resilience	resilience	NOUN
fbem-32831	469	13	exposes	expose	VERB
fbem-32831	469	14	firms	firm	NOUN
fbem-32831	469	15	to	to	ADP
fbem-32831	469	16	the	the	DET
fbem-32831	469	17	cumulative	cumulative	ADJ
fbem-32831	469	18	impact	impact	NOUN
fbem-32831	469	19	of	of	ADP
fbem-32831	469	20	operational	operational	ADJ
fbem-32831	469	21	fluctuations	fluctuation	NOUN
fbem-32831	469	22	among	among	ADP
fbem-32831	469	23	numerous	numerous	ADJ
fbem-32831	469	24	small	small	ADJ
fbem-32831	469	25	and	and	CCONJ
fbem-32831	469	26	medium	medium	ADJ
fbem-32831	469	27	-	-	PUNCT
fbem-32831	469	28	sized	sized	ADJ
fbem-32831	469	29	suppliers	supplier	NOUN
fbem-32831	469	30	.	.	PUNCT
fbem-32831	470	1	this	this	PRON
fbem-32831	470	2	creates	create	VERB
fbem-32831	470	3	inconsistencies	inconsistency	NOUN
fbem-32831	470	4	in	in	ADP
fbem-32831	470	5	response	response	NOUN
fbem-32831	470	6	,	,	PUNCT
fbem-32831	470	7	mismatches	mismatch	NOUN
fbem-32831	470	8	in	in	ADP
fbem-32831	470	9	capabilities	capability	NOUN
fbem-32831	470	10	,	,	PUNCT
fbem-32831	470	11	and	and	CCONJ
fbem-32831	470	12	asynchronous	asynchronous	ADJ
fbem-32831	470	13	recovery	recovery	NOUN
fbem-32831	470	14	,	,	PUNCT
fbem-32831	470	15	amplifying	amplify	VERB
fbem-32831	470	16	the	the	DET
fbem-32831	470	17	negative	negative	ADJ
fbem-32831	470	18	effects	effect	NOUN
fbem-32831	470	19	of	of	ADP
fbem-32831	470	20	production	production	NOUN
fbem-32831	470	21	disruptions	disruption	NOUN
fbem-32831	470	22	or	or	CCONJ
fbem-32831	470	23	cost	cost	NOUN
fbem-32831	470	24	escalations	escalation	NOUN
fbem-32831	470	25	.	.	PUNCT
fbem-32831	471	1	consequently	consequently	ADV
fbem-32831	471	2	,	,	PUNCT
fbem-32831	471	3	operational	operational	ADJ
fbem-32831	471	4	volatility	volatility	NOUN
fbem-32831	471	5	reduces	reduce	VERB
fbem-32831	471	6	corporate	corporate	ADJ
fbem-32831	471	7	profitability	profitability	NOUN
fbem-32831	471	8	and	and	CCONJ
fbem-32831	471	9	cash	cash	NOUN
fbem-32831	471	10	flow	flow	NOUN
fbem-32831	471	11	stability	stability	NOUN
fbem-32831	471	12	.	.	PUNCT
fbem-32831	472	1	investors	investor	NOUN
fbem-32831	472	2	then	then	ADV
fbem-32831	472	3	develop	develop	VERB
fbem-32831	472	4	pessimistic	pessimistic	ADJ
fbem-32831	472	5	expectations	expectation	NOUN
fbem-32831	472	6	regarding	regard	VERB
fbem-32831	472	7	future	future	ADJ
fbem-32831	472	8	cash	cash	NOUN
fbem-32831	472	9	flows	flow	NOUN
fbem-32831	472	10	,	,	PUNCT
fbem-32831	472	11	heightening	heighten	VERB
fbem-32831	472	12	stock	stock	NOUN
fbem-32831	472	13	price	price	NOUN
fbem-32831	472	14	sensitivity	sensitivity	NOUN
fbem-32831	472	15	to	to	ADP
fbem-32831	472	16	negative	negative	ADJ
fbem-32831	472	17	news	news	NOUN
fbem-32831	472	18	and	and	CCONJ
fbem-32831	472	19	triggering	trigger	VERB
fbem-32831	472	20	crash	crash	NOUN
fbem-32831	472	21	risks	risk	NOUN
fbem-32831	472	22	.	.	PUNCT
fbem-32831	473	1	synthesising	synthesise	VERB
fbem-32831	473	2	the	the	DET
fbem-32831	473	3	above	above	ADJ
fbem-32831	473	4	findings	finding	NOUN
fbem-32831	473	5	,	,	PUNCT
fbem-32831	473	6	we	we	PRON
fbem-32831	473	7	conclude	conclude	VERB
fbem-32831	473	8	that	that	SCONJ
fbem-32831	473	9	supply	supply	NOUN
fbem-32831	473	10	chain	chain	NOUN
fbem-32831	473	11	resilience	resilience	NOUN
fbem-32831	473	12	mediates	mediate	NOUN
fbem-32831	473	13	partially	partially	ADV
fbem-32831	473	14	between	between	ADP
fbem-32831	473	15	climate	climate	NOUN
fbem-32831	473	16	risk	risk	NOUN
fbem-32831	473	17	and	and	CCONJ
fbem-32831	473	18	stock	stock	NOUN
fbem-32831	473	19	market	market	NOUN
fbem-32831	473	20	crash	crash	NOUN
fbem-32831	473	21	risk	risk	NOUN
fbem-32831	473	22	,	,	PUNCT
fbem-32831	473	23	thereby	thereby	ADV
fbem-32831	473	24	validating	validate	VERB
fbem-32831	473	25	hypothesis	hypothesis	NOUN
fbem-32831	473	26	h2	h2	NOUN
fbem-32831	473	27	.	.	PUNCT
fbem-32831	474	1	the	the	DET
fbem-32831	474	2	complete	complete	ADJ
fbem-32831	474	3	transmission	transmission	NOUN
fbem-32831	474	4	pathway	pathway	NOUN
fbem-32831	474	5	is	be	AUX
fbem-32831	474	6	as	as	SCONJ
fbem-32831	474	7	follows	follow	VERB
fbem-32831	474	8	:	:	PUNCT
fbem-32831	474	9	rising	rise	VERB
fbem-32831	474	10	climate	climate	NOUN
fbem-32831	474	11	risks	risk	NOUN
fbem-32831	474	12	compel	compel	VERB
fbem-32831	474	13	enterprises	enterprise	NOUN
fbem-32831	474	14	to	to	PART
fbem-32831	474	15	adopt	adopt	VERB
fbem-32831	474	16	defensive	defensive	ADJ
fbem-32831	474	17	strategies	strategy	NOUN
fbem-32831	474	18	of	of	ADP
fbem-32831	474	19	supplier	supplier	NOUN
fbem-32831	474	20	diversification	diversification	NOUN
fbem-32831	474	21	.	.	PUNCT
fbem-32831	475	1	however	however	ADV
fbem-32831	475	2	,	,	PUNCT
fbem-32831	475	3	this	this	DET
fbem-32831	475	4	strategy	strategy	NOUN
fbem-32831	475	5	erodes	erode	VERB
fbem-32831	475	6	their	their	PRON
fbem-32831	475	7	original	original	ADJ
fbem-32831	475	8	‘	'	PUNCT
fbem-32831	475	9	relational	relational	ADJ
fbem-32831	475	10	’	'	PUNCT
fbem-32831	475	11	supply	supply	NOUN
fbem-32831	475	12	chain	chain	NOUN
fbem-32831	475	13	resilience	resilience	NOUN
fbem-32831	475	14	,	,	PUNCT
fbem-32831	475	15	further	far	ADV
fbem-32831	475	16	amplifying	amplify	VERB
fbem-32831	475	17	operational	operational	ADJ
fbem-32831	475	18	uncertainty	uncertainty	NOUN
fbem-32831	475	19	and	and	CCONJ
fbem-32831	475	20	information	information	NOUN
fbem-32831	475	21	asymmetry	asymmetry	NOUN
fbem-32831	475	22	.	.	PUNCT
fbem-32831	476	1	ultimately	ultimately	ADV
fbem-32831	476	2	,	,	PUNCT
fbem-32831	476	3	this	this	PRON
fbem-32831	476	4	leads	lead	VERB
fbem-32831	476	5	to	to	ADP
fbem-32831	476	6	a	a	DET
fbem-32831	476	7	significant	significant	ADJ
fbem-32831	476	8	increase	increase	NOUN
fbem-32831	476	9	in	in	ADP
fbem-32831	476	10	the	the	DET
fbem-32831	476	11	risk	risk	NOUN
fbem-32831	476	12	of	of	ADP
fbem-32831	476	13	stock	stock	NOUN
fbem-32831	476	14	price	price	NOUN
fbem-32831	476	15	collapse	collapse	NOUN
fbem-32831	476	16	.	.	PUNCT
fbem-32831	477	1	5.7	5.7	X
fbem-32831	477	2	.	.	X
fbem-32831	477	3	moderating	moderate	VERB
fbem-32831	477	4	effects	effect	NOUN
fbem-32831	477	5	this	this	DET
fbem-32831	477	6	section	section	NOUN
fbem-32831	477	7	introduces	introduce	VERB
fbem-32831	477	8	analyst	analyst	NOUN
fbem-32831	477	9	attention	attention	NOUN
fbem-32831	477	10	as	as	ADP
fbem-32831	477	11	a	a	DET
fbem-32831	477	12	moderating	moderate	VERB
fbem-32831	477	13	variable	variable	NOUN
fbem-32831	477	14	.	.	PUNCT
fbem-32831	478	1	by	by	ADP
fbem-32831	478	2	examining	examine	VERB
fbem-32831	478	3	its	its	PRON
fbem-32831	478	4	moderating	moderate	VERB
fbem-32831	478	5	effects	effect	NOUN
fbem-32831	478	6	on	on	ADP
fbem-32831	478	7	direct	direct	ADJ
fbem-32831	478	8	effects	effect	NOUN
fbem-32831	478	9	and	and	CCONJ
fbem-32831	478	10	mediating	mediate	VERB
fbem-32831	478	11	pathways	pathway	NOUN
fbem-32831	478	12	,	,	PUNCT
fbem-32831	478	13	we	we	PRON
fbem-32831	478	14	explore	explore	VERB
fbem-32831	478	15	how	how	SCONJ
fbem-32831	478	16	external	external	ADJ
fbem-32831	478	17	constraints	constraint	NOUN
fbem-32831	478	18	influence	influence	NOUN
fbem-32831	478	19	risk	risk	NOUN
fbem-32831	478	20	transmission	transmission	NOUN
fbem-32831	478	21	mechanisms	mechanism	NOUN
fbem-32831	478	22	.	.	PUNCT
fbem-32831	479	1	the	the	DET
fbem-32831	479	2	proxy	proxy	ADJ
fbem-32831	479	3	variable	variable	NOUN
fbem-32831	479	4	,	,	PUNCT
fbem-32831	479	5	‘	'	PUNCT
fbem-32831	479	6	number	number	NOUN
fbem-32831	479	7	of	of	ADP
fbem-32831	479	8	analysts	analyst	NOUN
fbem-32831	479	9	(	(	PUNCT
fbem-32831	479	10	teams	team	NOUN
fbem-32831	479	11	)	)	PUNCT
fbem-32831	479	12	tracking	track	VERB
fbem-32831	479	13	a	a	DET
fbem-32831	479	14	company	company	NOUN
fbem-32831	479	15	within	within	ADP
fbem-32831	479	16	one	one	NUM
fbem-32831	479	17	year	year	NOUN
fbem-32831	479	18	’	'	PUNCT
fbem-32831	479	19	,	,	PUNCT
fbem-32831	479	20	is	be	AUX
fbem-32831	479	21	log	log	NOUN
fbem-32831	479	22	-	-	PUNCT
fbem-32831	479	23	transformed	transform	VERB
fbem-32831	479	24	after	after	ADP
fbem-32831	479	25	adding	add	VERB
fbem-32831	479	26	one	one	NUM
fbem-32831	479	27	.	.	PUNCT
fbem-32831	480	1	this	this	PRON
fbem-32831	480	2	ensures	ensure	VERB
fbem-32831	480	3	companies	company	NOUN
fbem-32831	480	4	with	with	ADP
fbem-32831	480	5	no	no	DET
fbem-32831	480	6	analyst	analyst	NOUN
fbem-32831	480	7	coverage	coverage	NOUN
fbem-32831	480	8	can	can	AUX
fbem-32831	480	9	undergo	undergo	VERB
fbem-32831	480	10	logarithmic	logarithmic	ADJ
fbem-32831	480	11	transformation	transformation	NOUN
fbem-32831	480	12	,	,	PUNCT
fbem-32831	480	13	preventing	prevent	VERB
fbem-32831	480	14	sample	sample	NOUN
fbem-32831	480	15	loss	loss	NOUN
fbem-32831	480	16	.	.	PUNCT
fbem-32831	481	1	it	it	PRON
fbem-32831	481	2	also	also	ADV
fbem-32831	481	3	renders	render	VERB
fbem-32831	481	4	the	the	DET
fbem-32831	481	5	variable	variable	ADJ
fbem-32831	481	6	distribution	distribution	NOUN
fbem-32831	481	7	closer	close	ADV
fbem-32831	481	8	to	to	ADP
fbem-32831	481	9	normal	normal	ADJ
fbem-32831	481	10	,	,	PUNCT
fbem-32831	481	11	mitigating	mitigate	VERB
fbem-32831	481	12	heteroskedasticity	heteroskedasticity	NOUN
fbem-32831	481	13	,	,	PUNCT
fbem-32831	481	14	and	and	CCONJ
fbem-32831	481	15	reflects	reflect	VERB
fbem-32831	481	16	diminishing	diminish	VERB
fbem-32831	481	17	marginal	marginal	ADJ
fbem-32831	481	18	returns	return	NOUN
fbem-32831	481	19	in	in	ADP
fbem-32831	481	20	analyst	analyst	NOUN
fbem-32831	481	21	attention	attention	NOUN
fbem-32831	481	22	.	.	PUNCT
fbem-32831	482	1	as	as	SCONJ
fbem-32831	482	2	shown	show	VERB
fbem-32831	482	3	in	in	ADP
fbem-32831	482	4	table	table	NOUN
fbem-32831	482	5	5	5	NUM
fbem-32831	482	6	-	-	SYM
fbem-32831	482	7	10	10	NUM
fbem-32831	482	8	,	,	PUNCT
fbem-32831	482	9	the	the	DET
fbem-32831	482	10	moderating	moderate	VERB
fbem-32831	482	11	effect	effect	NOUN
fbem-32831	482	12	was	be	AUX
fbem-32831	482	13	tested	test	VERB
fbem-32831	482	14	via	via	ADP
fbem-32831	482	15	interaction	interaction	NOUN
fbem-32831	482	16	terms	term	NOUN
fbem-32831	482	17	.	.	PUNCT
fbem-32831	483	1	results	result	NOUN
fbem-32831	483	2	indicate	indicate	VERB
fbem-32831	483	3	that	that	SCONJ
fbem-32831	483	4	the	the	DET
fbem-32831	483	5	moderating	moderate	VERB
fbem-32831	483	6	role	role	NOUN
fbem-32831	483	7	of	of	ADP
fbem-32831	483	8	analyst	analyst	NOUN
fbem-32831	483	9	coverage	coverage	NOUN
fbem-32831	483	10	varies	vary	VERB
fbem-32831	483	11	depending	depend	VERB
fbem-32831	483	12	on	on	ADP
fbem-32831	483	13	the	the	DET
fbem-32831	483	14	measure	measure	NOUN
fbem-32831	483	15	of	of	ADP
fbem-32831	483	16	stock	stock	NOUN
fbem-32831	483	17	price	price	NOUN
fbem-32831	483	18	crash	crash	NOUN
fbem-32831	483	19	risk	risk	NOUN
fbem-32831	483	20	:	:	PUNCT
fbem-32831	483	21	in	in	ADP
fbem-32831	483	22	the	the	DET
fbem-32831	483	23	ncskew	ncskew	ADJ
fbem-32831	483	24	model	model	NOUN
fbem-32831	483	25	(	(	PUNCT
fbem-32831	483	26	column	column	NOUN
fbem-32831	483	27	1	1	NUM
fbem-32831	483	28	)	)	PUNCT
fbem-32831	483	29	,	,	PUNCT
fbem-32831	483	30	the	the	DET
fbem-32831	483	31	interaction	interaction	NOUN
fbem-32831	483	32	coefficient	coefficient	NOUN
fbem-32831	483	33	is	be	AUX
fbem-32831	483	34	0.001	0.001	NUM
fbem-32831	483	35	and	and	CCONJ
fbem-32831	483	36	non	non	ADJ
fbem-32831	483	37	-	-	ADJ
fbem-32831	483	38	significant	significant	ADJ
fbem-32831	483	39	,	,	PUNCT
fbem-32831	483	40	suggesting	suggest	VERB
fbem-32831	483	41	analyst	analyst	NOUN
fbem-32831	483	42	coverage	coverage	NOUN
fbem-32831	483	43	does	do	AUX
fbem-32831	483	44	not	not	PART
fbem-32831	483	45	significantly	significantly	ADV
fbem-32831	483	46	moderate	moderate	VERB
fbem-32831	483	47	the	the	DET
fbem-32831	483	48	impact	impact	NOUN
fbem-32831	483	49	of	of	ADP
fbem-32831	483	50	climate	climate	NOUN
fbem-32831	483	51	risk	risk	NOUN
fbem-32831	483	52	on	on	ADP
fbem-32831	483	53	ncskew	ncskew	NOUN
fbem-32831	483	54	.	.	PUNCT
fbem-32831	484	1	in	in	ADP
fbem-32831	484	2	other	other	ADJ
fbem-32831	484	3	words	word	NOUN
fbem-32831	484	4	,	,	PUNCT
fbem-32831	484	5	regardless	regardless	ADV
fbem-32831	484	6	of	of	ADP
fbem-32831	484	7	analyst	analyst	NOUN
fbem-32831	484	8	coverage	coverage	NOUN
fbem-32831	484	9	levels	level	NOUN
fbem-32831	484	10	,	,	PUNCT
fbem-32831	484	11	the	the	DET
fbem-32831	484	12	positive	positive	ADJ
fbem-32831	484	13	impact	impact	NOUN
fbem-32831	484	14	of	of	ADP
fbem-32831	484	15	climate	climate	NOUN
fbem-32831	484	16	risk	risk	NOUN
fbem-32831	484	17	on	on	ADP
fbem-32831	484	18	stock	stock	NOUN
fbem-32831	484	19	crash	crash	NOUN
fbem-32831	484	20	risk	risk	NOUN
fbem-32831	484	21	(	(	PUNCT
fbem-32831	484	22	based	base	VERB
fbem-32831	484	23	on	on	ADP
fbem-32831	484	24	return	return	PROPN
fbem-32831	484	25	skewness	skewness	NOUN
fbem-32831	484	26	)	)	PUNCT
fbem-32831	484	27	remains	remain	VERB
fbem-32831	484	28	largely	largely	ADV
fbem-32831	484	29	unchanged	unchanged	ADJ
fbem-32831	484	30	.	.	PUNCT
fbem-32831	485	1	in	in	ADP
fbem-32831	485	2	the	the	DET
fbem-32831	485	3	duvol	duvol	NOUN
fbem-32831	485	4	model	model	NOUN
fbem-32831	485	5	(	(	PUNCT
fbem-32831	485	6	column	column	NOUN
fbem-32831	485	7	2	2	NUM
fbem-32831	485	8	)	)	PUNCT
fbem-32831	485	9	,	,	PUNCT
fbem-32831	485	10	the	the	DET
fbem-32831	485	11	interaction	interaction	NOUN
fbem-32831	485	12	coefficient	coefficient	NOUN
fbem-32831	485	13	is	be	AUX
fbem-32831	485	14	-0.002	-0.002	PUNCT
fbem-32831	485	15	and	and	CCONJ
fbem-32831	485	16	significant	significant	ADJ
fbem-32831	485	17	at	at	ADP
fbem-32831	485	18	the	the	DET
fbem-32831	485	19	1	1	NUM
fbem-32831	485	20	%	%	NOUN
fbem-32831	485	21	level	level	NOUN
fbem-32831	485	22	,	,	PUNCT
fbem-32831	485	23	indicating	indicate	VERB
fbem-32831	485	24	that	that	SCONJ
fbem-32831	485	25	analyst	analyst	NOUN
fbem-32831	485	26	coverage	coverage	NOUN
fbem-32831	485	27	exerts	exert	VERB
fbem-32831	485	28	a	a	DET
fbem-32831	485	29	negative	negative	ADJ
fbem-32831	485	30	moderating	moderate	VERB
fbem-32831	485	31	effect	effect	NOUN
fbem-32831	485	32	on	on	ADP
fbem-32831	485	33	the	the	DET
fbem-32831	485	34	relationship	relationship	NOUN
fbem-32831	485	35	between	between	ADP
fbem-32831	485	36	climate	climate	NOUN
fbem-32831	485	37	risk	risk	NOUN
fbem-32831	485	38	and	and	CCONJ
fbem-32831	485	39	duvol	duvol	NOUN
fbem-32831	485	40	.	.	PUNCT
fbem-32831	486	1	specifically	specifically	ADV
fbem-32831	486	2	,	,	PUNCT
fbem-32831	486	3	a	a	DET
fbem-32831	486	4	1	1	NUM
fbem-32831	486	5	%	%	NOUN
fbem-32831	486	6	increase	increase	NOUN
fbem-32831	486	7	in	in	ADP
fbem-32831	486	8	analyst	analyst	NOUN
fbem-32831	486	9	coverage	coverage	NOUN
fbem-32831	486	10	reduces	reduce	VERB
fbem-32831	486	11	the	the	DET
fbem-32831	486	12	positive	positive	ADJ
fbem-32831	486	13	impact	impact	NOUN
fbem-32831	486	14	of	of	ADP
fbem-32831	486	15	climate	climate	NOUN
fbem-32831	486	16	risk	risk	NOUN
fbem-32831	486	17	on	on	ADP
fbem-32831	486	18	duvol	duvol	NOUN
fbem-32831	486	19	by	by	ADP
fbem-32831	486	20	0.002	0.002	NUM
fbem-32831	486	21	units	unit	NOUN
fbem-32831	486	22	,	,	PUNCT
fbem-32831	486	23	suggesting	suggest	VERB
fbem-32831	486	24	that	that	SCONJ
fbem-32831	486	25	analyst	analyst	NOUN
fbem-32831	486	26	coverage	coverage	NOUN
fbem-32831	486	27	mitigates	mitigate	VERB
fbem-32831	486	28	the	the	DET
fbem-32831	486	29	stock	stock	NOUN
fbem-32831	486	30	price	price	NOUN
fbem-32831	486	31	crash	crash	NOUN
fbem-32831	486	32	risk	risk	NOUN
fbem-32831	486	33	induced	induce	VERB
fbem-32831	486	34	by	by	ADP
fbem-32831	486	35	climate	climate	NOUN
fbem-32831	486	36	risk	risk	NOUN
fbem-32831	486	37	.	.	PUNCT
fbem-32831	487	1	analysts	analyst	NOUN
fbem-32831	487	2	,	,	PUNCT
fbem-32831	487	3	acting	act	VERB
fbem-32831	487	4	as	as	ADP
fbem-32831	487	5	information	information	NOUN
fbem-32831	487	6	intermediaries	intermediary	NOUN
fbem-32831	487	7	,	,	PUNCT
fbem-32831	487	8	enhance	enhance	VERB
fbem-32831	487	9	corporate	corporate	ADJ
fbem-32831	487	10	transparency	transparency	NOUN
fbem-32831	487	11	and	and	CCONJ
fbem-32831	487	12	external	external	ADJ
fbem-32831	487	13	oversight	oversight	NOUN
fbem-32831	487	14	by	by	ADP
fbem-32831	487	15	uncovering	uncover	VERB
fbem-32831	487	16	and	and	CCONJ
fbem-32831	487	17	disseminating	disseminate	VERB
fbem-32831	487	18	firm	firm	ADJ
fbem-32831	487	19	information	information	NOUN
fbem-32831	487	20	.	.	PUNCT
fbem-32831	488	1	this	this	PRON
fbem-32831	488	2	reduces	reduce	VERB
fbem-32831	488	3	management	management	NOUN
fbem-32831	488	4	incentives	incentive	NOUN
fbem-32831	488	5	to	to	PART
fbem-32831	488	6	conceal	conceal	VERB
fbem-32831	488	7	adverse	adverse	ADJ
fbem-32831	488	8	information	information	NOUN
fbem-32831	488	9	and	and	CCONJ
fbem-32831	488	10	diminishes	diminish	VERB
fbem-32831	488	11	information	information	NOUN
fbem-32831	488	12	asymmetry	asymmetry	NOUN
fbem-32831	488	13	,	,	PUNCT
fbem-32831	488	14	thereby	thereby	ADV
fbem-32831	488	15	curbing	curb	VERB
fbem-32831	488	16	excessive	excessive	ADJ
fbem-32831	488	17	volatility	volatility	NOUN
fbem-32831	488	18	and	and	CCONJ
fbem-32831	488	19	crash	crash	NOUN
fbem-32831	488	20	tendencies	tendency	NOUN
fbem-32831	488	21	triggered	trigger	VERB
fbem-32831	488	22	by	by	ADP
fbem-32831	488	23	climate	climate	NOUN
fbem-32831	488	24	risk	risk	NOUN
fbem-32831	488	25	.	.	PUNCT
fbem-32831	489	1	hypothesis	hypothesis	NOUN
fbem-32831	489	2	h3	h3	NOUN
fbem-32831	489	3	is	be	AUX
fbem-32831	489	4	thus	thus	ADV
fbem-32831	489	5	confirmed	confirm	VERB
fbem-32831	489	6	.	.	PUNCT
fbem-32831	490	1	table	table	NOUN
fbem-32831	490	2	5	5	NUM
fbem-32831	490	3	-	-	SYM
fbem-32831	490	4	10	10	NUM
fbem-32831	490	5	.	.	PUNCT
fbem-32831	491	1	regulatory	regulatory	ADJ
fbem-32831	491	2	effect	effect	NOUN
fbem-32831	491	3	:	:	PUNCT
fbem-32831	491	4	analyst	analyst	NOUN
fbem-32831	491	5	attention	attention	NOUN
fbem-32831	491	6	(	(	PUNCT
fbem-32831	491	7	1	1	NUM
fbem-32831	491	8	)	)	PUNCT
fbem-32831	491	9	(	(	PUNCT
fbem-32831	491	10	2	2	X
fbem-32831	491	11	)	)	PUNCT
fbem-32831	491	12	ncskew	ncskew	NOUN
fbem-32831	491	13	duvol	duvol	NOUN
fbem-32831	491	14	clrisk	clrisk	NOUN
fbem-32831	491	15	0.023	0.023	NUM
fbem-32831	491	16	*	*	NOUN
fbem-32831	491	17	*	*	PUNCT
fbem-32831	491	18	*	*	PUNCT
fbem-32831	491	19	0.014	0.014	NUM
fbem-32831	491	20	*	*	PUNCT
fbem-32831	491	21	*	*	PUNCT
fbem-32831	491	22	(	(	PUNCT
fbem-32831	491	23	0.008	0.008	NUM
fbem-32831	491	24	)	)	PUNCT
fbem-32831	491	25	(	(	PUNCT
fbem-32831	491	26	0.006	0.006	NUM
fbem-32831	491	27	)	)	PUNCT
fbem-32831	491	28	clrisk*lnanaattention	clrisk*lnanaattention	NOUN
fbem-32831	491	29	0.001	0.001	NUM
fbem-32831	491	30	-0.002	-0.002	NOUN
fbem-32831	491	31	*	*	PUNCT
fbem-32831	491	32	*	*	PUNCT
fbem-32831	491	33	*	*	PUNCT
fbem-32831	491	34	(	(	PUNCT
fbem-32831	491	35	0.001	0.001	NUM
fbem-32831	491	36	)	)	PUNCT
fbem-32831	491	37	(	(	PUNCT
fbem-32831	491	38	0.001	0.001	NUM
fbem-32831	491	39	)	)	PUNCT
fbem-32831	491	40	lag_roa	lag_roa	NOUN
fbem-32831	491	41	-0.121	-0.121	NOUN
fbem-32831	491	42	*	*	PUNCT
fbem-32831	491	43	-0.034	-0.034	PUNCT
fbem-32831	491	44	(	(	PUNCT
fbem-32831	491	45	0.069	0.069	NUM
fbem-32831	491	46	)	)	PUNCT
fbem-32831	491	47	(	(	PUNCT
fbem-32831	491	48	0.047	0.047	NUM
fbem-32831	491	49	)	)	PUNCT
fbem-32831	491	50	lag_growth	lag_growth	VERB
fbem-32831	491	51	0.003	0.003	NUM
fbem-32831	491	52	-0.003	-0.003	NOUN
fbem-32831	491	53	(	(	PUNCT
fbem-32831	491	54	0.009	0.009	NUM
fbem-32831	491	55	)	)	PUNCT
fbem-32831	491	56	(	(	PUNCT
fbem-32831	491	57	0.006	0.006	NUM
fbem-32831	491	58	)	)	PUNCT
fbem-32831	491	59	lag_size	lag_size	VERB
fbem-32831	491	60	0.058	0.058	NUM
fbem-32831	491	61	*	*	PUNCT
fbem-32831	491	62	*	*	PUNCT
fbem-32831	491	63	*	*	PUNCT
fbem-32831	491	64	0.037	0.037	NUM
fbem-32831	491	65	*	*	PUNCT
fbem-32831	491	66	*	*	PUNCT
fbem-32831	491	67	*	*	PUNCT
fbem-32831	491	68	(	(	PUNCT
fbem-32831	491	69	0.008	0.008	NUM
fbem-32831	491	70	)	)	PUNCT
fbem-32831	491	71	(	(	PUNCT
fbem-32831	491	72	0.005	0.005	NUM
fbem-32831	491	73	)	)	PUNCT
fbem-32831	491	74	lag_tobinq	lag_tobinq	ADP
fbem-32831	491	75	0.066	0.066	NUM
fbem-32831	491	76	*	*	PUNCT
fbem-32831	491	77	*	*	PUNCT
fbem-32831	491	78	*	*	PUNCT
fbem-32831	491	79	0.043	0.043	NUM
fbem-32831	491	80	*	*	PUNCT
fbem-32831	491	81	*	*	PUNCT
fbem-32831	491	82	*	*	PUNCT
fbem-32831	491	83	(	(	PUNCT
fbem-32831	491	84	0.004	0.004	NUM
fbem-32831	491	85	)	)	PUNCT
fbem-32831	491	86	(	(	PUNCT
fbem-32831	491	87	0.003	0.003	NUM
fbem-32831	491	88	)	)	PUNCT
fbem-32831	491	89	lag_annual_return	lag_annual_return	NOUN
fbem-32831	491	90	0.056	0.056	NUM
fbem-32831	491	91	*	*	PUNCT
fbem-32831	491	92	*	*	PUNCT
fbem-32831	491	93	*	*	NOUN
fbem-32831	491	94	0.018	0.018	NUM
fbem-32831	491	95	*	*	PUNCT
fbem-32831	491	96	*	*	PUNCT
fbem-32831	491	97	(	(	PUNCT
fbem-32831	491	98	0.012	0.012	NUM
fbem-32831	491	99	)	)	PUNCT
fbem-32831	491	100	(	(	PUNCT
fbem-32831	491	101	0.008	0.008	NUM
fbem-32831	491	102	)	)	PUNCT
fbem-32831	491	103	lag_volatility	lag_volatility	NOUN
fbem-32831	491	104	-0.001	-0.001	NOUN
fbem-32831	491	105	*	*	PUNCT
fbem-32831	491	106	*	*	PUNCT
fbem-32831	491	107	*	*	PUNCT
fbem-32831	491	108	-0.001	-0.001	PUNCT
fbem-32831	492	1	*	*	PUNCT
fbem-32831	492	2	*	*	PUNCT
fbem-32831	492	3	*	*	PUNCT
fbem-32831	492	4	(	(	PUNCT
fbem-32831	492	5	0.000	0.000	NUM
fbem-32831	492	6	)	)	PUNCT
fbem-32831	492	7	(	(	PUNCT
fbem-32831	492	8	0.000	0.000	NUM
fbem-32831	492	9	)	)	PUNCT
fbem-32831	492	10	lag_cash	lag_cash	NOUN
fbem-32831	492	11	-0.070	-0.070	X
fbem-32831	492	12	-0.064	-0.064	NOUN
fbem-32831	492	13	(	(	PUNCT
fbem-32831	492	14	0.059	0.059	NUM
fbem-32831	492	15	)	)	PUNCT
fbem-32831	492	16	(	(	PUNCT
fbem-32831	492	17	0.040	0.040	NUM
fbem-32831	492	18	)	)	PUNCT
fbem-32831	493	1	_	_	NOUN
fbem-32831	493	2	cons	con	NOUN
fbem-32831	493	3	-1.757	-1.757	PUNCT
fbem-32831	493	4	*	*	X
fbem-32831	493	5	*	*	PUNCT
fbem-32831	493	6	*	*	PUNCT
fbem-32831	493	7	-1.109	-1.109	PUNCT
fbem-32831	493	8	*	*	PUNCT
fbem-32831	493	9	*	*	PUNCT
fbem-32831	493	10	*	*	PUNCT
fbem-32831	493	11	(	(	PUNCT
fbem-32831	493	12	0.178	0.178	NUM
fbem-32831	493	13	)	)	PUNCT
fbem-32831	493	14	(	(	PUNCT
fbem-32831	493	15	0.120	0.120	NUM
fbem-32831	493	16	)	)	PUNCT
fbem-32831	493	17	firm_fe	firm_fe	NOUN
fbem-32831	494	1	yes	yes	INTJ
fbem-32831	494	2	yes	yes	INTJ
fbem-32831	494	3	year_fe	year_fe	NOUN
fbem-32831	495	1	yes	yes	INTJ
fbem-32831	496	1	yes	yes	INTJ
fbem-32831	497	1	n	n	ADV
fbem-32831	497	2	41581	41581	NUM
fbem-32831	497	3	41581	41581	NUM
fbem-32831	498	1	r2_a	r2_a	NOUN
fbem-32831	498	2	0.078	0.078	NUM
fbem-32831	498	3	0.080	0.080	NUM
fbem-32831	498	4	f	f	PROPN
fbem-32831	499	1	33.535	33.535	NUM
fbem-32831	499	2	26.403	26.403	NUM
fbem-32831	499	3	6	6	NUM
fbem-32831	499	4	.	.	PUNCT
fbem-32831	500	1	conclusion	conclusion	NOUN
fbem-32831	500	2	this	this	DET
fbem-32831	500	3	study	study	NOUN
fbem-32831	500	4	examines	examine	VERB
fbem-32831	500	5	the	the	DET
fbem-32831	500	6	impact	impact	NOUN
fbem-32831	500	7	of	of	ADP
fbem-32831	500	8	corporate	corporate	ADJ
fbem-32831	500	9	-	-	PUNCT
fbem-32831	500	10	level	level	NOUN
fbem-32831	500	11	climate	climate	NOUN
fbem-32831	500	12	risks	risk	NOUN
fbem-32831	500	13	on	on	ADP
fbem-32831	500	14	stock	stock	NOUN
fbem-32831	500	15	price	price	NOUN
fbem-32831	500	16	crash	crash	NOUN
fbem-32831	500	17	risk	risk	NOUN
fbem-32831	500	18	among	among	ADP
fbem-32831	500	19	chinese	chinese	ADJ
fbem-32831	500	20	a	a	DET
fbem-32831	500	21	-	-	PUNCT
fbem-32831	500	22	share	share	NOUN
fbem-32831	500	23	listed	list	VERB
fbem-32831	500	24	companies	company	NOUN
fbem-32831	500	25	from	from	ADP
fbem-32831	500	26	2006	2006	NUM
fbem-32831	500	27	to	to	ADP
fbem-32831	500	28	2024	2024	NUM
fbem-32831	500	29	.	.	PUNCT
fbem-32831	501	1	it	it	PRON
fbem-32831	501	2	draws	draw	VERB
fbem-32831	501	3	upon	upon	SCONJ
fbem-32831	501	4	theories	theory	NOUN
fbem-32831	501	5	of	of	ADP
fbem-32831	501	6	information	information	NOUN
fbem-32831	501	7	asymmetry	asymmetry	NOUN
fbem-32831	501	8	,	,	PUNCT
fbem-32831	501	9	principal	principal	ADJ
fbem-32831	501	10	-	-	PUNCT
fbem-32831	501	11	agent	agent	NOUN
fbem-32831	501	12	relationships	relationship	NOUN
fbem-32831	501	13	,	,	PUNCT
fbem-32831	501	14	and	and	CCONJ
fbem-32831	501	15	risk	risk	NOUN
fbem-32831	501	16	transmission	transmission	NOUN
fbem-32831	501	17	.	.	PUNCT
fbem-32831	502	1	by	by	ADP
fbem-32831	502	2	constructing	construct	VERB
fbem-32831	502	3	a	a	DET
fbem-32831	502	4	mediated	mediate	VERB
fbem-32831	502	5	transmission	transmission	NOUN
fbem-32831	502	6	model	model	NOUN
fbem-32831	502	7	“	"	PUNCT
fbem-32831	502	8	climate	climate	NOUN
fbem-32831	502	9	risk	risk	NOUN
fbem-32831	502	10	→	→	SYM
fbem-32831	502	11	supply	supply	NOUN
fbem-32831	502	12	chain	chain	NOUN
fbem-32831	502	13	resilience	resilience	NOUN
fbem-32831	502	14	→	→	PUNCT
fbem-32831	502	15	stock	stock	NOUN
fbem-32831	502	16	price	price	NOUN
fbem-32831	502	17	crash	crash	NOUN
fbem-32831	502	18	risk	risk	NOUN
fbem-32831	502	19	”	"	PUNCT
fbem-32831	502	20	and	and	CCONJ
fbem-32831	502	21	introducing	introduce	VERB
fbem-32831	502	22	analyst	analyst	NOUN
fbem-32831	502	23	attention	attention	NOUN
fbem-32831	502	24	as	as	ADP
fbem-32831	502	25	a	a	DET
fbem-32831	502	26	moderating	moderate	VERB
fbem-32831	502	27	variable	variable	NOUN
fbem-32831	502	28	,	,	PUNCT
fbem-32831	502	29	this	this	DET
fbem-32831	502	30	study	study	NOUN
fbem-32831	502	31	employs	employ	VERB
fbem-32831	502	32	panel	panel	NOUN
fbem-32831	502	33	data	datum	NOUN
fbem-32831	502	34	regression	regression	NOUN
fbem-32831	502	35	and	and	CCONJ
fbem-32831	502	36	a	a	DET
fbem-32831	502	37	series	series	NOUN
fbem-32831	502	38	of	of	ADP
fbem-32831	502	39	tests	test	NOUN
fbem-32831	502	40	to	to	PART
fbem-32831	502	41	reveal	reveal	VERB
fbem-32831	502	42	a	a	DET
fbem-32831	502	43	dual	dual	ADJ
fbem-32831	502	44	mechanism	mechanism	NOUN
fbem-32831	502	45	through	through	ADP
fbem-32831	502	46	which	which	PRON
fbem-32831	502	47	climate	climate	NOUN
fbem-32831	502	48	risk	risk	NOUN
fbem-32831	502	49	influences	influence	VERB
fbem-32831	502	50	stock	stock	NOUN
fbem-32831	502	51	price	price	NOUN
fbem-32831	502	52	crash	crash	NOUN
fbem-32831	502	53	risk	risk	NOUN
fbem-32831	502	54	.	.	PUNCT
fbem-32831	503	1	the	the	DET
fbem-32831	503	2	core	core	NOUN
fbem-32831	503	3	findings	finding	NOUN
fbem-32831	503	4	are	be	AUX
fbem-32831	503	5	as	as	SCONJ
fbem-32831	503	6	follows	follow	VERB
fbem-32831	503	7	:	:	PUNCT
fbem-32831	503	8	firstly	firstly	ADV
fbem-32831	503	9	,	,	PUNCT
fbem-32831	503	10	corporate	corporate	ADJ
fbem-32831	503	11	climate	climate	NOUN
fbem-32831	503	12	risk	risk	NOUN
fbem-32831	503	13	exhibits	exhibit	VERB
fbem-32831	503	14	a	a	DET
fbem-32831	503	15	significant	significant	ADJ
fbem-32831	503	16	positive	positive	ADJ
fbem-32831	503	17	correlation	correlation	NOUN
fbem-32831	503	18	with	with	ADP
fbem-32831	503	19	stock	stock	NOUN
fbem-32831	503	20	price	price	NOUN
fbem-32831	503	21	crash	crash	NOUN
fbem-32831	503	22	risk	risk	NOUN
fbem-32831	503	23	,	,	PUNCT
fbem-32831	503	24	indicating	indicate	VERB
fbem-32831	503	25	that	that	SCONJ
fbem-32831	503	26	firms	firm	NOUN
fbem-32831	503	27	with	with	ADP
fbem-32831	503	28	greater	great	ADJ
fbem-32831	503	29	climate	climate	NOUN
fbem-32831	503	30	risk	risk	NOUN
fbem-32831	503	31	exposure	exposure	NOUN
fbem-32831	503	32	face	face	NOUN
fbem-32831	503	33	heightened	heighten	VERB
fbem-32831	503	34	prospects	prospect	NOUN
fbem-32831	503	35	of	of	ADP
fbem-32831	503	36	future	future	ADJ
fbem-32831	503	37	stock	stock	NOUN
fbem-32831	503	38	price	price	NOUN
fbem-32831	503	39	collapses	collapse	NOUN
fbem-32831	503	40	.	.	PUNCT
fbem-32831	504	1	this	this	DET
fbem-32831	504	2	core	core	NOUN
fbem-32831	504	3	finding	finding	NOUN
fbem-32831	504	4	demonstrates	demonstrate	VERB
fbem-32831	504	5	robust	robust	ADJ
fbem-32831	504	6	stability	stability	NOUN
fbem-32831	504	7	and	and	CCONJ
fbem-32831	504	8	reliability	reliability	NOUN
fbem-32831	504	9	following	follow	VERB
fbem-32831	504	10	34	34	NUM
fbem-32831	504	11	rigorous	rigorous	ADJ
fbem-32831	504	12	and	and	CCONJ
fbem-32831	504	13	comprehensive	comprehensive	ADJ
fbem-32831	504	14	tests	test	NOUN
fbem-32831	504	15	addressing	address	VERB
fbem-32831	504	16	variable	variable	ADJ
fbem-32831	504	17	measurement	measurement	NOUN
fbem-32831	504	18	methods	method	NOUN
fbem-32831	504	19	,	,	PUNCT
fbem-32831	504	20	model	model	NOUN
fbem-32831	504	21	specification	specification	NOUN
fbem-32831	504	22	forms	form	NOUN
fbem-32831	504	23	,	,	PUNCT
fbem-32831	504	24	sample	sample	NOUN
fbem-32831	504	25	selection	selection	NOUN
fbem-32831	504	26	biases	bias	NOUN
fbem-32831	504	27	,	,	PUNCT
fbem-32831	504	28	external	external	ADJ
fbem-32831	504	29	shock	shock	NOUN
fbem-32831	504	30	influences	influence	NOUN
fbem-32831	504	31	,	,	PUNCT
fbem-32831	504	32	and	and	CCONJ
fbem-32831	504	33	core	core	ADJ
fbem-32831	504	34	endogeneity	endogeneity	NOUN
fbem-32831	504	35	issues	issue	NOUN
fbem-32831	504	36	.	.	PUNCT
fbem-32831	505	1	concurrently	concurrently	ADV
fbem-32831	505	2	,	,	PUNCT
fbem-32831	505	3	the	the	DET
fbem-32831	505	4	negative	negative	ADJ
fbem-32831	505	5	effects	effect	NOUN
fbem-32831	505	6	induced	induce	VERB
fbem-32831	505	7	by	by	ADP
fbem-32831	505	8	climate	climate	NOUN
fbem-32831	505	9	risk	risk	NOUN
fbem-32831	505	10	exhibit	exhibit	NOUN
fbem-32831	505	11	signifi	signifi	NOUN
fbem-32831	505	12	ca	can	AUX
fbem-32831	505	13	nt	not	PART
fbem-32831	505	14	heterogeneity	heterogeneity	NOUN
fbem-32831	505	15	,	,	PUNCT
fbem-32831	505	16	manifesting	manifest	VERB
fbem-32831	505	17	more	more	ADV
fbem-32831	505	18	pronouncedly	pronouncedly	ADV
fbem-32831	505	19	in	in	ADP
fbem-32831	505	20	firms	firm	NOUN
fbem-32831	505	21	with	with	ADP
fbem-32831	505	22	higher	high	ADJ
fbem-32831	505	23	corporate	corporate	ADJ
fbem-32831	505	24	governance	governance	NOUN
fbem-32831	505	25	standards	standard	NOUN
fbem-32831	505	26	and	and	CCONJ
fbem-32831	505	27	greater	great	ADJ
fbem-32831	505	28	capital	capital	NOUN
fbem-32831	505	29	intensity	intensity	NOUN
fbem-32831	505	30	.	.	PUNCT
fbem-32831	506	1	secondly	secondly	ADV
fbem-32831	506	2	,	,	PUNCT
fbem-32831	506	3	supply	supply	NOUN
fbem-32831	506	4	chain	chain	NOUN
fbem-32831	506	5	resilience	resilience	NOUN
fbem-32831	506	6	partially	partially	ADV
fbem-32831	506	7	mediates	mediate	VERB
fbem-32831	506	8	the	the	DET
fbem-32831	506	9	relationship	relationship	NOUN
fbem-32831	506	10	between	between	ADP
fbem-32831	506	11	corporate	corporate	ADJ
fbem-32831	506	12	climate	climate	NOUN
fbem-32831	506	13	risk	risk	NOUN
fbem-32831	506	14	and	and	CCONJ
fbem-32831	506	15	stock	stock	NOUN
fbem-32831	506	16	price	price	NOUN
fbem-32831	506	17	crash	crash	NOUN
fbem-32831	506	18	risk	risk	NOUN
fbem-32831	506	19	.	.	PUNCT
fbem-32831	507	1	rising	rise	VERB
fbem-32831	507	2	climate	climate	NOUN
fbem-32831	507	3	risk	risk	NOUN
fbem-32831	507	4	undermines	undermine	VERB
fbem-32831	507	5	firms	firm	NOUN
fbem-32831	507	6	'	'	PART
fbem-32831	507	7	‘	'	PUNCT
fbem-32831	507	8	relational	relational	ADJ
fbem-32831	507	9	’	'	PUNCT
fbem-32831	507	10	supply	supply	NOUN
fbem-32831	507	11	chain	chain	NOUN
fbem-32831	507	12	resilience	resilience	NOUN
fbem-32831	507	13	,	,	PUNCT
fbem-32831	507	14	specifically	specifically	ADV
fbem-32831	507	15	through	through	ADP
fbem-32831	507	16	a	a	DET
fbem-32831	507	17	decline	decline	NOUN
fbem-32831	507	18	in	in	ADP
fbem-32831	507	19	the	the	DET
fbem-32831	507	20	procurement	procurement	NOUN
fbem-32831	507	21	share	share	NOUN
fbem-32831	507	22	of	of	ADP
fbem-32831	507	23	core	core	NOUN
fbem-32831	507	24	suppliers	supplier	NOUN
fbem-32831	507	25	,	,	PUNCT
fbem-32831	507	26	thereby	thereby	ADV
fbem-32831	507	27	significantly	significantly	ADV
fbem-32831	507	28	increasing	increase	VERB
fbem-32831	507	29	stock	stock	NOUN
fbem-32831	507	30	price	price	NOUN
fbem-32831	507	31	crash	crash	NOUN
fbem-32831	507	32	risk	risk	NOUN
fbem-32831	507	33	.	.	PUNCT
fbem-32831	508	1	finally	finally	ADV
fbem-32831	508	2	,	,	PUNCT
fbem-32831	508	3	analyst	analyst	NOUN
fbem-32831	508	4	coverage	coverage	NOUN
fbem-32831	508	5	mitigates	mitigate	VERB
fbem-32831	508	6	the	the	DET
fbem-32831	508	7	stock	stock	NOUN
fbem-32831	508	8	price	price	NOUN
fbem-32831	508	9	crash	crash	NOUN
fbem-32831	508	10	risk	risk	NOUN
fbem-32831	508	11	stemming	stem	VERB
fbem-32831	508	12	from	from	ADP
fbem-32831	508	13	climate	climate	NOUN
fbem-32831	508	14	risk	risk	NOUN
fbem-32831	508	15	.	.	PUNCT
fbem-32831	509	1	higher	high	ADJ
fbem-32831	509	2	analyst	analyst	NOUN
fbem-32831	509	3	coverage	coverage	NOUN
fbem-32831	509	4	weakens	weaken	VERB
fbem-32831	509	5	the	the	DET
fbem-32831	509	6	indirect	indirect	ADJ
fbem-32831	509	7	effect	effect	NOUN
fbem-32831	509	8	whereby	whereby	SCONJ
fbem-32831	509	9	corporate	corporate	ADJ
fbem-32831	509	10	climate	climate	NOUN
fbem-32831	509	11	risk	risk	NOUN
fbem-32831	509	12	exacerbates	exacerbate	VERB
fbem-32831	509	13	stock	stock	NOUN
fbem-32831	509	14	price	price	NOUN
fbem-32831	509	15	crash	crash	NOUN
fbem-32831	509	16	risk	risk	NOUN
fbem-32831	509	17	by	by	ADP
fbem-32831	509	18	reducing	reduce	VERB
fbem-32831	509	19	supply	supply	NOUN
fbem-32831	509	20	chain	chain	NOUN
fbem-32831	509	21	resilience	resilience	NOUN
fbem-32831	509	22	.	.	PUNCT
fbem-32831	510	1	based	base	VERB
fbem-32831	510	2	on	on	ADP
fbem-32831	510	3	the	the	DET
fbem-32831	510	4	above	above	ADJ
fbem-32831	510	5	conclusions	conclusion	NOUN
fbem-32831	510	6	,	,	PUNCT
fbem-32831	510	7	the	the	DET
fbem-32831	510	8	following	follow	VERB
fbem-32831	510	9	policy	policy	NOUN
fbem-32831	510	10	recommendations	recommendation	NOUN
fbem-32831	510	11	are	be	AUX
fbem-32831	510	12	proposed	propose	VERB
fbem-32831	510	13	for	for	ADP
fbem-32831	510	14	enterprises	enterprise	NOUN
fbem-32831	510	15	,	,	PUNCT
fbem-32831	510	16	investors	investor	NOUN
fbem-32831	510	17	,	,	PUNCT
fbem-32831	510	18	financial	financial	ADJ
fbem-32831	510	19	institutions	institution	NOUN
fbem-32831	510	20	,	,	PUNCT
fbem-32831	510	21	and	and	CCONJ
fbem-32831	510	22	regulatory	regulatory	ADJ
fbem-32831	510	23	bodies	body	NOUN
fbem-32831	510	24	.	.	PUNCT
fbem-32831	511	1	enterprises	enterprise	NOUN
fbem-32831	511	2	should	should	AUX
fbem-32831	511	3	integrate	integrate	VERB
fbem-32831	511	4	climate	climate	NOUN
fbem-32831	511	5	risk	risk	NOUN
fbem-32831	511	6	management	management	NOUN
fbem-32831	511	7	into	into	ADP
fbem-32831	511	8	the	the	DET
fbem-32831	511	9	core	core	NOUN
fbem-32831	511	10	of	of	ADP
fbem-32831	511	11	their	their	PRON
fbem-32831	511	12	strategic	strategic	ADJ
fbem-32831	511	13	planning	planning	NOUN
fbem-32831	511	14	.	.	PUNCT
fbem-32831	512	1	establish	establish	VERB
fbem-32831	512	2	dedicated	dedicated	ADJ
fbem-32831	512	3	climate	climate	NOUN
fbem-32831	512	4	risk	risk	NOUN
fbem-32831	512	5	assessment	assessment	NOUN
fbem-32831	512	6	teams	team	NOUN
fbem-32831	512	7	and	and	CCONJ
fbem-32831	512	8	formulate	formulate	VERB
fbem-32831	512	9	corresponding	corresponding	ADJ
fbem-32831	512	10	contingency	contingency	NOUN
fbem-32831	512	11	plans	plan	NOUN
fbem-32831	512	12	.	.	PUNCT
fbem-32831	513	1	invest	invest	VERB
fbem-32831	513	2	in	in	ADP
fbem-32831	513	3	climate	climate	NOUN
fbem-32831	513	4	-	-	PUNCT
fbem-32831	513	5	resilient	resilient	ADJ
fbem-32831	513	6	infrastructure	infrastructure	NOUN
fbem-32831	513	7	,	,	PUNCT
fbem-32831	513	8	such	such	ADJ
fbem-32831	513	9	as	as	ADP
fbem-32831	513	10	data	data	NOUN
fbem-32831	513	11	centres	centre	NOUN
fbem-32831	513	12	employing	employ	VERB
fbem-32831	513	13	liquid	liquid	ADJ
fbem-32831	513	14	cooling	cool	VERB
fbem-32831	513	15	technology	technology	NOUN
fbem-32831	513	16	to	to	PART
fbem-32831	513	17	withstand	withstand	VERB
fbem-32831	513	18	extreme	extreme	ADJ
fbem-32831	513	19	heat	heat	NOUN
fbem-32831	513	20	,	,	PUNCT
fbem-32831	513	21	and	and	CCONJ
fbem-32831	513	22	power	power	NOUN
fbem-32831	513	23	grid	grid	NOUN
fbem-32831	513	24	companies	company	NOUN
fbem-32831	513	25	developing	develop	VERB
fbem-32831	513	26	distributed	distribute	VERB
fbem-32831	513	27	energy	energy	NOUN
fbem-32831	513	28	systems	system	NOUN
fbem-32831	513	29	to	to	PART
fbem-32831	513	30	mitigate	mitigate	VERB
fbem-32831	513	31	wildfire	wildfire	NOUN
fbem-32831	513	32	risks	risk	NOUN
fbem-32831	513	33	.	.	PUNCT
fbem-32831	514	1	businesses	business	NOUN
fbem-32831	514	2	should	should	AUX
fbem-32831	514	3	optimise	optimise	VERB
fbem-32831	514	4	supply	supply	NOUN
fbem-32831	514	5	chain	chain	NOUN
fbem-32831	514	6	management	management	NOUN
fbem-32831	514	7	by	by	ADP
fbem-32831	514	8	prioritising	prioritise	VERB
fbem-32831	514	9	deep	deep	ADJ
fbem-32831	514	10	collaborative	collaborative	ADJ
fbem-32831	514	11	relationships	relationship	NOUN
fbem-32831	514	12	with	with	ADP
fbem-32831	514	13	key	key	ADJ
fbem-32831	514	14	partners	partner	NOUN
fbem-32831	514	15	,	,	PUNCT
fbem-32831	514	16	constructing	construct	VERB
fbem-32831	514	17	supply	supply	NOUN
fbem-32831	514	18	networks	network	NOUN
fbem-32831	514	19	that	that	PRON
fbem-32831	514	20	balance	balance	VERB
fbem-32831	514	21	flexibility	flexibility	NOUN
fbem-32831	514	22	with	with	ADP
fbem-32831	514	23	resilience	resilience	NOUN
fbem-32831	514	24	.	.	PUNCT
fbem-32831	515	1	climate	climate	NOUN
fbem-32831	515	2	risk	risk	NOUN
fbem-32831	515	3	factors	factor	NOUN
fbem-32831	515	4	can	can	AUX
fbem-32831	515	5	be	be	AUX
fbem-32831	515	6	deeply	deeply	ADV
fbem-32831	515	7	integrated	integrate	VERB
fbem-32831	515	8	into	into	ADP
fbem-32831	515	9	the	the	DET
fbem-32831	515	10	development	development	NOUN
fbem-32831	515	11	of	of	ADP
fbem-32831	515	12	‘	'	PUNCT
fbem-32831	515	13	digital	digital	ADJ
fbem-32831	515	14	-	-	PUNCT
fbem-32831	515	15	intelligent	intelligent	ADJ
fbem-32831	515	16	supply	supply	NOUN
fbem-32831	515	17	chains	chain	NOUN
fbem-32831	515	18	’	'	PUNCT
fbem-32831	515	19	to	to	PART
fbem-32831	515	20	achieve	achieve	VERB
fbem-32831	515	21	resource	resource	NOUN
fbem-32831	515	22	sharing	sharing	NOUN
fbem-32831	515	23	,	,	PUNCT
fbem-32831	515	24	risk	risk	NOUN
fbem-32831	515	25	pooling	pooling	NOUN
fbem-32831	515	26	,	,	PUNCT
fbem-32831	515	27	and	and	CCONJ
fbem-32831	515	28	efficient	efficient	ADJ
fbem-32831	515	29	information	information	NOUN
fbem-32831	515	30	flow	flow	NOUN
fbem-32831	515	31	.	.	PUNCT
fbem-32831	516	1	companies	company	NOUN
fbem-32831	516	2	should	should	AUX
fbem-32831	516	3	strengthen	strengthen	VERB
fbem-32831	516	4	the	the	DET
fbem-32831	516	5	oversight	oversight	NOUN
fbem-32831	516	6	functions	function	NOUN
fbem-32831	516	7	of	of	ADP
fbem-32831	516	8	boards	board	NOUN
fbem-32831	516	9	of	of	ADP
fbem-32831	516	10	directors	director	NOUN
fbem-32831	516	11	and	and	CCONJ
fbem-32831	516	12	supervisors	supervisor	NOUN
fbem-32831	516	13	to	to	PART
fbem-32831	516	14	ensure	ensure	VERB
fbem-32831	516	15	management	management	NOUN
fbem-32831	516	16	fully	fully	ADV
fbem-32831	516	17	considers	consider	VERB
fbem-32831	516	18	shareholder	shareholder	NOUN
fbem-32831	516	19	interests	interest	NOUN
fbem-32831	516	20	in	in	ADP
fbem-32831	516	21	climate	climate	NOUN
fbem-32831	516	22	risk	risk	NOUN
fbem-32831	516	23	management	management	NOUN
fbem-32831	516	24	decisions	decision	NOUN
fbem-32831	516	25	.	.	PUNCT
fbem-32831	517	1	enhance	enhance	VERB
fbem-32831	517	2	disclosure	disclosure	NOUN
fbem-32831	517	3	quality	quality	NOUN
fbem-32831	517	4	by	by	ADP
fbem-32831	517	5	proactively	proactively	ADV
fbem-32831	517	6	reporting	report	VERB
fbem-32831	517	7	how	how	SCONJ
fbem-32831	517	8	climate	climate	NOUN
fbem-32831	517	9	risks	risk	NOUN
fbem-32831	517	10	impact	impact	VERB
fbem-32831	517	11	supply	supply	NOUN
fbem-32831	517	12	chains	chain	NOUN
fbem-32831	517	13	,	,	PUNCT
fbem-32831	517	14	financial	financial	ADJ
fbem-32831	517	15	health	health	NOUN
fbem-32831	517	16	,	,	PUNCT
fbem-32831	517	17	and	and	CCONJ
fbem-32831	517	18	future	future	ADJ
fbem-32831	517	19	operations	operation	NOUN
fbem-32831	517	20	.	.	PUNCT
fbem-32831	518	1	investors	investor	NOUN
fbem-32831	518	2	and	and	CCONJ
fbem-32831	518	3	financial	financial	ADJ
fbem-32831	518	4	institutions	institution	NOUN
fbem-32831	518	5	must	must	AUX
fbem-32831	518	6	incorporate	incorporate	VERB
fbem-32831	518	7	corporate	corporate	ADJ
fbem-32831	518	8	climate	climate	NOUN
fbem-32831	518	9	and	and	CCONJ
fbem-32831	518	10	supply	supply	NOUN
fbem-32831	518	11	chain	chain	NOUN
fbem-32831	518	12	risks	risk	NOUN
fbem-32831	518	13	into	into	ADP
fbem-32831	518	14	investment	investment	NOUN
fbem-32831	518	15	valuations	valuation	NOUN
fbem-32831	518	16	,	,	PUNCT
fbem-32831	518	17	developing	develop	VERB
fbem-32831	518	18	integrated	integrate	VERB
fbem-32831	518	19	assessment	assessment	NOUN
fbem-32831	518	20	tools	tool	NOUN
fbem-32831	518	21	to	to	PART
fbem-32831	518	22	make	make	VERB
fbem-32831	518	23	more	more	ADJ
fbem-32831	518	24	rational	rational	ADJ
fbem-32831	518	25	investment	investment	NOUN
fbem-32831	518	26	decisions	decision	NOUN
fbem-32831	518	27	.	.	PUNCT
fbem-32831	519	1	analyst	analyst	NOUN
fbem-32831	519	2	research	research	NOUN
fbem-32831	519	3	reports	report	NOUN
fbem-32831	519	4	should	should	AUX
fbem-32831	519	5	be	be	AUX
fbem-32831	519	6	prioritised	prioritise	VERB
fbem-32831	519	7	to	to	PART
fbem-32831	519	8	understand	understand	VERB
fbem-32831	519	9	corporate	corporate	ADJ
fbem-32831	519	10	climate	climate	NOUN
fbem-32831	519	11	risk	risk	NOUN
fbem-32831	519	12	management	management	NOUN
fbem-32831	519	13	practices	practice	NOUN
fbem-32831	519	14	and	and	CCONJ
fbem-32831	519	15	analysts	analyst	NOUN
fbem-32831	519	16	'	'	PART
fbem-32831	519	17	projections	projection	NOUN
fbem-32831	519	18	for	for	ADP
fbem-32831	519	19	share	share	NOUN
fbem-32831	519	20	prices	price	NOUN
fbem-32831	519	21	.	.	PUNCT
fbem-32831	520	1	financial	financial	ADJ
fbem-32831	520	2	institutions	institution	NOUN
fbem-32831	520	3	must	must	AUX
fbem-32831	520	4	expedite	expedite	VERB
fbem-32831	520	5	the	the	DET
fbem-32831	520	6	refinement	refinement	NOUN
fbem-32831	520	7	of	of	ADP
fbem-32831	520	8	climate	climate	NOUN
fbem-32831	520	9	risk	risk	NOUN
fbem-32831	520	10	stress	stress	NOUN
fbem-32831	520	11	testing	testing	NOUN
fbem-32831	520	12	mechanisms	mechanism	NOUN
fbem-32831	520	13	,	,	PUNCT
fbem-32831	520	14	incorporating	incorporate	VERB
fbem-32831	520	15	climate	climate	NOUN
fbem-32831	520	16	scenarios	scenario	NOUN
fbem-32831	520	17	such	such	ADJ
fbem-32831	520	18	as	as	ADP
fbem-32831	520	19	supply	supply	NOUN
fbem-32831	520	20	chain	chain	NOUN
fbem-32831	520	21	disruptio	disruptio	NOUN
fbem-32831	520	22	ns	ns	NUM
fbem-32831	520	23	caused	cause	VERB
fbem-32831	520	24	by	by	ADP
fbem-32831	520	25	extreme	extreme	ADJ
fbem-32831	520	26	weather	weather	NOUN
fbem-32831	520	27	to	to	PART
fbem-32831	520	28	assess	assess	VERB
fbem-32831	520	29	potential	potential	ADJ
fbem-32831	520	30	cascading	cascade	VERB
fbem-32831	520	31	effects	effect	NOUN
fbem-32831	520	32	and	and	CCONJ
fbem-32831	520	33	losses	loss	NOUN
fbem-32831	520	34	.	.	PUNCT
fbem-32831	521	1	consideration	consideration	NOUN
fbem-32831	521	2	should	should	AUX
fbem-32831	521	3	be	be	AUX
fbem-32831	521	4	given	give	VERB
fbem-32831	521	5	to	to	ADP
fbem-32831	521	6	integrating	integrate	VERB
fbem-32831	521	7	climate	climate	NOUN
fbem-32831	521	8	risk	risk	NOUN
fbem-32831	521	9	management	management	NOUN
fbem-32831	521	10	and	and	CCONJ
fbem-32831	521	11	supply	supply	NOUN
fbem-32831	521	12	chain	chain	NOUN
fbem-32831	521	13	resilience	resilience	NOUN
fbem-32831	521	14	levels	level	NOUN
fbem-32831	521	15	into	into	ADP
fbem-32831	521	16	credit	credit	NOUN
fbem-32831	521	17	approval	approval	NOUN
fbem-32831	521	18	processes	process	NOUN
fbem-32831	521	19	,	,	PUNCT
fbem-32831	521	20	while	while	SCONJ
fbem-32831	521	21	accelerating	accelerate	VERB
fbem-32831	521	22	the	the	DET
fbem-32831	521	23	development	development	NOUN
fbem-32831	521	24	of	of	ADP
fbem-32831	521	25	climate	climate	NOUN
fbem-32831	521	26	risk	risk	NOUN
fbem-32831	521	27	hedging	hedging	NOUN
fbem-32831	521	28	instruments	instrument	NOUN
fbem-32831	521	29	.	.	PUNCT
fbem-32831	522	1	regulators	regulator	NOUN
fbem-32831	522	2	should	should	AUX
fbem-32831	522	3	establish	establish	VERB
fbem-32831	522	4	a	a	DET
fbem-32831	522	5	comprehensive	comprehensive	ADJ
fbem-32831	522	6	climate	climate	NOUN
fbem-32831	522	7	risk	risk	NOUN
fbem-32831	522	8	regulatory	regulatory	ADJ
fbem-32831	522	9	framework	framework	NOUN
fbem-32831	522	10	,	,	PUNCT
fbem-32831	522	11	collaborating	collaborate	VERB
fbem-32831	522	12	with	with	ADP
fbem-32831	522	13	meteorological	meteorological	ADJ
fbem-32831	522	14	and	and	CCONJ
fbem-32831	522	15	ecological	ecological	ADJ
fbem-32831	522	16	authorities	authority	NOUN
fbem-32831	522	17	to	to	PART
fbem-32831	522	18	create	create	VERB
fbem-32831	522	19	a	a	DET
fbem-32831	522	20	climate	climate	NOUN
fbem-32831	522	21	risk	risk	NOUN
fbem-32831	522	22	monitoring	monitoring	NOUN
fbem-32831	522	23	system	system	NOUN
fbem-32831	522	24	.	.	PUNCT
fbem-32831	523	1	differentiated	differentiated	ADJ
fbem-32831	523	2	management	management	NOUN
fbem-32831	523	3	approaches	approach	NOUN
fbem-32831	523	4	should	should	AUX
fbem-32831	523	5	be	be	AUX
fbem-32831	523	6	applied	apply	VERB
fbem-32831	523	7	to	to	ADP
fbem-32831	523	8	companies	company	NOUN
fbem-32831	523	9	based	base	VERB
fbem-32831	523	10	on	on	ADP
fbem-32831	523	11	varying	vary	VERB
fbem-32831	523	12	levels	level	NOUN
fbem-32831	523	13	of	of	ADP
fbem-32831	523	14	analyst	analyst	NOUN
fbem-32831	523	15	scrutiny	scrutiny	NOUN
fbem-32831	523	16	.	.	PUNCT
fbem-32831	524	1	mandatory	mandatory	ADJ
fbem-32831	524	2	disclosure	disclosure	NOUN
fbem-32831	524	3	of	of	ADP
fbem-32831	524	4	detailed	detailed	ADJ
fbem-32831	524	5	climate	climate	NOUN
fbem-32831	524	6	risk	risk	NOUN
fbem-32831	524	7	information	information	NOUN
fbem-32831	524	8	should	should	AUX
fbem-32831	524	9	be	be	AUX
fbem-32831	524	10	phased	phase	VERB
fbem-32831	524	11	in	in	ADP
fbem-32831	524	12	by	by	ADP
fbem-32831	524	13	sector	sector	NOUN
fbem-32831	524	14	to	to	PART
fbem-32831	524	15	enhance	enhance	VERB
fbem-32831	524	16	market	market	NOUN
fbem-32831	524	17	transparency	transparency	NOUN
fbem-32831	524	18	.	.	PUNCT
fbem-32831	525	1	regulatory	regulatory	ADJ
fbem-32831	525	2	bodies	body	NOUN
fbem-32831	525	3	must	must	AUX
fbem-32831	525	4	enact	enact	VERB
fbem-32831	525	5	legislation	legislation	NOUN
fbem-32831	525	6	to	to	PART
fbem-32831	525	7	elevate	elevate	VERB
fbem-32831	525	8	corporate	corporate	ADJ
fbem-32831	525	9	governance	governance	NOUN
fbem-32831	525	10	standards	standard	NOUN
fbem-32831	525	11	,	,	PUNCT
fbem-32831	525	12	strengthen	strengthen	VERB
fbem-32831	525	13	oversight	oversight	NOUN
fbem-32831	525	14	of	of	ADP
fbem-32831	525	15	the	the	DET
fbem-32831	525	16	analyst	analyst	NOUN
fbem-32831	525	17	industry	industry	NOUN
fbem-32831	525	18	,	,	PUNCT
fbem-32831	525	19	and	and	CCONJ
fbem-32831	525	20	encourage	encourage	VERB
fbem-32831	525	21	analysts	analyst	NOUN
fbem-32831	525	22	to	to	PART
fbem-32831	525	23	focus	focus	VERB
fbem-32831	525	24	on	on	ADP
fbem-32831	525	25	non	non	ADJ
fbem-32831	525	26	-	-	ADJ
fbem-32831	525	27	financial	financial	ADJ
fbem-32831	525	28	factors	factor	NOUN
fbem-32831	525	29	like	like	ADP
fbem-32831	525	30	corporate	corporate	ADJ
fbem-32831	525	31	climate	climate	NOUN
fbem-32831	525	32	risk	risk	NOUN
fbem-32831	525	33	.	.	PUNCT
fbem-32831	526	1	this	this	PRON
fbem-32831	526	2	will	will	AUX
fbem-32831	526	3	ensure	ensure	VERB
fbem-32831	526	4	investors	investor	NOUN
fbem-32831	526	5	receive	receive	VERB
fbem-32831	526	6	more	more	ADV
fbem-32831	526	7	comprehensive	comprehensive	ADJ
fbem-32831	526	8	and	and	CCONJ
fbem-32831	526	9	accurate	accurate	ADJ
fbem-32831	526	10	research	research	NOUN
fbem-32831	526	11	reports	report	NOUN
fbem-32831	526	12	.	.	PUNCT
fbem-32831	527	1	references	reference	NOUN
fbem-32831	527	2	[	[	X
fbem-32831	527	3	1	1	NUM
fbem-32831	527	4	]	]	X
fbem-32831	527	5	albuquerque	albuquerque	PROPN
fbem-32831	527	6	r	r	PROPN
fbem-32831	527	7	,	,	PUNCT
fbem-32831	527	8	koskinen	koskinen	PROPN
fbem-32831	527	9	y	y	PROPN
fbem-32831	527	10	,	,	PUNCT
fbem-32831	527	11	yang	yang	PROPN
fbem-32831	527	12	s	s	PROPN
fbem-32831	527	13	,	,	PUNCT
fbem-32831	527	14	et	et	PROPN
fbem-32831	527	15	al	al	PROPN
fbem-32831	527	16	.	.	PROPN
fbem-32831	527	17	resiliency	resiliency	NOUN
fbem-32831	527	18	of	of	ADP
fbem-32831	527	19	environmental	environmental	ADJ
fbem-32831	527	20	and	and	CCONJ
fbem-32831	527	21	social	social	ADJ
fbem-32831	527	22	stocks	stock	NOUN
fbem-32831	527	23	:	:	PUNCT
fbem-32831	527	24	an	an	DET
fbem-32831	527	25	analysis	analysis	NOUN
fbem-32831	527	26	of	of	ADP
fbem-32831	527	27	the	the	DET
fbem-32831	527	28	exogenous	exogenous	ADJ
fbem-32831	527	29	covid-19	covid-19	PROPN
fbem-32831	527	30	market	market	NOUN
fbem-32831	527	31	crash	crash	NOUN
fbem-32831	528	1	[	[	X
fbem-32831	528	2	j	j	X
fbem-32831	528	3	]	]	X
fbem-32831	528	4	.	.	PUNCT
fbem-32831	529	1	the	the	DET
fbem-32831	529	2	review	review	NOUN
fbem-32831	529	3	of	of	ADP
fbem-32831	529	4	corporate	corporate	ADJ
fbem-32831	529	5	finance	finance	NOUN
fbem-32831	529	6	studies	study	NOUN
fbem-32831	529	7	,	,	PUNCT
fbem-32831	529	8	2020	2020	NUM
fbem-32831	529	9	,	,	PUNCT
fbem-32831	529	10	9(3	9(3	NUM
fbem-32831	529	11	):	):	PUNCT
fbem-32831	529	12	593	593	NUM
fbem-32831	529	13	-	-	SYM
fbem-32831	529	14	621	621	NUM
fbem-32831	529	15	.	.	PUNCT
fbem-32831	530	1	[	[	X
fbem-32831	530	2	2	2	X
fbem-32831	530	3	]	]	PUNCT
fbem-32831	530	4	ali	ali	PROPN
fbem-32831	530	5	i	i	PROPN
fbem-32831	530	6	,	,	PUNCT
fbem-32831	530	7	arslan	arslan	PROPN
fbem-32831	530	8	a	a	PROPN
fbem-32831	530	9	,	,	PUNCT
fbem-32831	530	10	tarba	tarba	NOUN
fbem-32831	530	11	s	s	PROPN
fbem-32831	530	12	,	,	PUNCT
fbem-32831	530	13	et	et	PROPN
fbem-32831	530	14	al	al	PROPN
fbem-32831	530	15	.	.	PROPN
fbem-32831	530	16	supply	supply	PROPN
fbem-32831	530	17	chain	chain	NOUN
fbem-32831	530	18	resilience	resilience	NOUN
fbem-32831	530	19	to	to	ADP
fbem-32831	530	20	climate	climate	NOUN
fbem-32831	530	21	change	change	NOUN
fbem-32831	530	22	inflicted	inflict	VERB
fbem-32831	530	23	extreme	extreme	ADJ
fbem-32831	530	24	events	event	NOUN
fbem-32831	530	25	in	in	ADP
fbem-32831	530	26	agri	agri	NOUN
fbem-32831	530	27	-	-	PUNCT
fbem-32831	530	28	food	food	NOUN
fbem-32831	530	29	industry	industry	NOUN
fbem-32831	530	30	:	:	PUNCT
fbem-32831	530	31	the	the	DET
fbem-32831	530	32	role	role	NOUN
fbem-32831	530	33	of	of	ADP
fbem-32831	530	34	social	social	ADJ
fbem-32831	530	35	capital	capital	NOUN
fbem-32831	530	36	and	and	CCONJ
fbem-32831	530	37	network	network	NOUN
fbem-32831	530	38	complexity	complexity	NOUN
fbem-32831	531	1	[	[	X
fbem-32831	531	2	j	j	X
fbem-32831	531	3	]	]	X
fbem-32831	531	4	.	.	PUNCT
fbem-32831	532	1	international	international	ADJ
fbem-32831	532	2	journal	journal	PROPN
fbem-32831	532	3	of	of	ADP
fbem-32831	532	4	production	production	NOUN
fbem-32831	532	5	economics	economic	NOUN
fbem-32831	532	6	,	,	PUNCT
fbem-32831	532	7	2023	2023	NUM
fbem-32831	532	8	,	,	PUNCT
fbem-32831	532	9	264	264	NUM
fbem-32831	532	10	:	:	SYM
fbem-32831	532	11	108968	108968	NUM
fbem-32831	532	12	.	.	PUNCT
fbem-32831	533	1	[	[	X
fbem-32831	533	2	3	3	NUM
fbem-32831	533	3	]	]	X
fbem-32831	533	4	bose	bose	PROPN
fbem-32831	533	5	s	s	PROPN
fbem-32831	533	6	,	,	PUNCT
fbem-32831	533	7	lim	lim	PROPN
fbem-32831	533	8	e	e	PROPN
fbem-32831	533	9	k	k	PROPN
fbem-32831	533	10	,	,	PUNCT
fbem-32831	533	11	minnick	minnick	NOUN
fbem-32831	533	12	k	k	PROPN
fbem-32831	533	13	,	,	PUNCT
fbem-32831	533	14	et	et	PROPN
fbem-32831	533	15	al	al	PROPN
fbem-32831	533	16	.	.	PROPN
fbem-32831	533	17	does	do	VERB
fbem-32831	533	18	carbon	carbon	NOUN
fbem-32831	533	19	risk	risk	NOUN
fbem-32831	533	20	influence	influence	NOUN
fbem-32831	533	21	stock	stock	NOUN
fbem-32831	533	22	price	price	NOUN
fbem-32831	533	23	crash	crash	NOUN
fbem-32831	533	24	risk	risk	NOUN
fbem-32831	533	25	?	?	PUNCT
fbem-32831	534	1	international	international	ADJ
fbem-32831	534	2	evidence	evidence	NOUN
fbem-32831	535	1	[	[	X
fbem-32831	535	2	j	j	X
fbem-32831	535	3	]	]	X
fbem-32831	535	4	.	.	PUNCT
fbem-32831	536	1	journal	journal	PROPN
fbem-32831	536	2	of	of	ADP
fbem-32831	536	3	business	business	NOUN
fbem-32831	536	4	finance	finance	PROPN
fbem-32831	536	5	&	&	CCONJ
fbem-32831	536	6	accounting	accounting	PROPN
fbem-32831	536	7	,	,	PUNCT
fbem-32831	536	8	2025,52(5	2025,52(5	NOUN
fbem-32831	536	9	):	):	PUNCT
fbem-32831	536	10	2111	2111	NUM
fbem-32831	536	11	-	-	SYM
fbem-32831	536	12	2144	2144	NUM
fbem-32831	536	13	.	.	PUNCT
fbem-32831	537	1	[	[	X
fbem-32831	537	2	4	4	NUM
fbem-32831	537	3	]	]	PUNCT
fbem-32831	537	4	carvalho	carvalho	NOUN
fbem-32831	537	5	v	v	NUM
fbem-32831	537	6	m	m	PROPN
fbem-32831	537	7	,	,	PUNCT
fbem-32831	537	8	nirei	nirei	PROPN
fbem-32831	537	9	m	m	PROPN
fbem-32831	537	10	,	,	PUNCT
fbem-32831	537	11	saito	saito	PROPN
fbem-32831	537	12	y	y	PROPN
fbem-32831	537	13	u	u	PROPN
fbem-32831	537	14	,	,	PUNCT
fbem-32831	537	15	et	et	PROPN
fbem-32831	537	16	al	al	PROPN
fbem-32831	537	17	.	.	PROPN
fbem-32831	537	18	supply	supply	PROPN
fbem-32831	537	19	chain	chain	NOUN
fbem-32831	537	20	disruptions	disruption	NOUN
fbem-32831	537	21	:	:	PUNCT
fbem-32831	537	22	evidence	evidence	NOUN
fbem-32831	537	23	from	from	ADP
fbem-32831	537	24	the	the	DET
fbem-32831	537	25	great	great	PROPN
fbem-32831	537	26	east	east	PROPN
fbem-32831	537	27	japan	japan	PROPN
fbem-32831	537	28	earthquak	earthquak	NOUN
fbem-32831	537	29	e	e	PROPN
fbem-32831	537	30	[	[	X
fbem-32831	537	31	j	j	X
fbem-32831	537	32	]	]	X
fbem-32831	537	33	.	.	PUNCT
fbem-32831	538	1	the	the	DET
fbem-32831	538	2	quarterly	quarterly	ADJ
fbem-32831	538	3	journal	journal	NOUN
fbem-32831	538	4	of	of	ADP
fbem-32831	538	5	economics	economic	NOUN
fbem-32831	538	6	,	,	PUNCT
fbem-32831	538	7	2021	2021	NUM
fbem-32831	538	8	,	,	PUNCT
fbem-32831	538	9	136(2	136(2	NUM
fbem-32831	538	10	):	):	PUNCT
fbem-32831	538	11	12551321	12551321	NUM
fbem-32831	538	12	.	.	PUNCT
fbem-32831	539	1	[	[	X
fbem-32831	539	2	5	5	X
fbem-32831	539	3	]	]	X
fbem-32831	539	4	chen	chen	PROPN
fbem-32831	539	5	z	z	PROPN
fbem-32831	539	6	l	l	PROPN
fbem-32831	539	7	,	,	PUNCT
fbem-32831	539	8	li	li	PROPN
fbem-32831	539	9	z	z	PROPN
fbem-32831	539	10	,	,	PUNCT
fbem-32831	539	11	chen	chen	PROPN
fbem-32831	539	12	w.	w.	PROPN
fbem-32831	539	13	does	do	AUX
fbem-32831	539	14	climate	climate	NOUN
fbem-32831	539	15	policy	policy	NOUN
fbem-32831	539	16	uncertainty	uncertainty	NOUN
fbem-32831	539	17	affect	affect	VERB
fbem-32831	539	18	chinese	chinese	ADJ
fbem-32831	539	19	stock	stock	NOUN
fbem-32831	539	20	market	market	NOUN
fbem-32831	539	21	volatility	volatility	NOUN
fbem-32831	539	22	?	?	PUNCT
fbem-32831	540	1	[	[	X
fbem-32831	540	2	j	j	X
fbem-32831	540	3	]	]	X
fbem-32831	540	4	.	.	PUNCT
fbem-32831	541	1	international	international	ADJ
fbem-32831	541	2	review	review	NOUN
fbem-32831	541	3	of	of	ADP
fbem-32831	541	4	economics	economic	NOUN
fbem-32831	541	5	and	and	CCONJ
fbem-32831	541	6	finance	finance	NOUN
fbem-32831	541	7	,	,	PUNCT
fbem-32831	541	8	2023	2023	NUM
fbem-32831	541	9	,	,	PUNCT
fbem-32831	541	10	84:369	84:369	NUM
fbem-32831	541	11	-	-	SYM
fbem-32831	541	12	381	381	NUM
fbem-32831	541	13	.	.	PUNCT
fbem-32831	542	1	[	[	X
fbem-32831	542	2	6	6	NUM
fbem-32831	542	3	]	]	X
fbem-32831	542	4	christopher	christopher	PROPN
fbem-32831	542	5	m	m	PROPN
fbem-32831	542	6	,	,	PUNCT
fbem-32831	542	7	peck	peck	PROPN
fbem-32831	542	8	h.	h.	PROPN
fbem-32831	542	9	building	build	VERB
fbem-32831	542	10	the	the	DET
fbem-32831	542	11	resilient	resilient	ADJ
fbem-32831	542	12	supply	supply	NOUN
fbem-32831	542	13	chain	chain	NOUN
fbem-32831	543	1	[	[	X
fbem-32831	543	2	j	j	X
fbem-32831	543	3	]	]	X
fbem-32831	543	4	.	.	PUNCT
fbem-32831	544	1	international	international	ADJ
fbem-32831	544	2	journal	journal	PROPN
fbem-32831	544	3	of	of	ADP
fbem-32831	544	4	logistics	logistic	NOUN
fbem-32831	544	5	management	management	NOUN
fbem-32831	544	6	,	,	PUNCT
fbem-32831	544	7	2004	2004	NUM
fbem-32831	544	8	,	,	PUNCT
fbem-32831	544	9	15(2	15(2	NUM
fbem-32831	544	10	):	):	PUNCT
fbem-32831	544	11	1	1	NUM
fbem-32831	544	12	-	-	SYM
fbem-32831	544	13	13	13	NUM
fbem-32831	544	14	.	.	PUNCT
fbem-32831	545	1	[	[	X
fbem-32831	545	2	7	7	X
fbem-32831	545	3	]	]	X
fbem-32831	545	4	colicchia	colicchia	NOUN
fbem-32831	545	5	c	c	NOUN
fbem-32831	545	6	,	,	PUNCT
fbem-32831	545	7	strozzi	strozzi	PROPN
fbem-32831	545	8	f.	f.	PROPN
fbem-32831	545	9	supply	supply	PROPN
fbem-32831	545	10	chain	chain	NOUN
fbem-32831	545	11	risk	risk	NOUN
fbem-32831	545	12	management	management	NOUN
fbem-32831	545	13	:	:	PUNCT
fbem-32831	545	14	a	a	DET
fbem-32831	545	15	new	new	ADJ
fbem-32831	545	16	methodology	methodology	NOUN
fbem-32831	545	17	for	for	ADP
fbem-32831	545	18	a	a	DET
fbem-32831	545	19	systematic	systematic	ADJ
fbem-32831	545	20	literature	literature	NOUN
fbem-32831	545	21	review	review	NOUN
fbem-32831	546	1	[	[	X
fbem-32831	546	2	j	j	X
fbem-32831	546	3	]	]	X
fbem-32831	546	4	.	.	PUNCT
fbem-32831	547	1	supply	supply	NOUN
fbem-32831	547	2	chain	chain	NOUN
fbem-32831	547	3	management	management	NOUN
fbem-32831	547	4	:	:	PUNCT
fbem-32831	547	5	an	an	DET
fbem-32831	547	6	international	international	ADJ
fbem-32831	547	7	journal	journal	NOUN
fbem-32831	547	8	,	,	PUNCT
fbem-32831	547	9	2012	2012	NUM
fbem-32831	547	10	,	,	PUNCT
fbem-32831	547	11	17(4	17(4	NUM
fbem-32831	547	12	):	):	PUNCT
fbem-32831	547	13	403	403	NUM
fbem-32831	547	14	-	-	SYM
fbem-32831	547	15	418	418	NUM
fbem-32831	547	16	.	.	PUNCT
fbem-32831	548	1	[	[	X
fbem-32831	548	2	8	8	NUM
fbem-32831	548	3	]	]	X
fbem-32831	548	4	cuculiza	cuculiza	NOUN
fbem-32831	548	5	c	c	PROPN
fbem-32831	548	6	,	,	PUNCT
fbem-32831	548	7	kumar	kumar	PROPN
fbem-32831	548	8	a	a	PROPN
fbem-32831	548	9	,	,	PUNCT
fbem-32831	548	10	xin	xin	PROPN
fbem-32831	548	11	w	w	PROPN
fbem-32831	548	12	,	,	PUNCT
fbem-32831	548	13	et	et	PROPN
fbem-32831	548	14	al	al	PROPN
fbem-32831	548	15	.	.	PUNCT
fbem-32831	548	16	temperature	temperature	NOUN
fbem-32831	548	17	sensitivity	sensitivity	NOUN
fbem-32831	548	18	,	,	PUNCT
fbem-32831	548	19	mispricing	misprice	VERB
fbem-32831	548	20	,	,	PUNCT
fbem-32831	548	21	and	and	CCONJ
fbem-32831	548	22	predictable	predictable	ADJ
fbem-32831	548	23	returns	return	NOUN
fbem-32831	548	24	[	[	X
fbem-32831	548	25	j	j	X
fbem-32831	548	26	]	]	X
fbem-32831	548	27	.	.	PUNCT
fbem-32831	549	1	management	management	NOUN
fbem-32831	549	2	science	science	NOUN
fbem-32831	549	3	,	,	PUNCT
fbem-32831	549	4	2025	2025	NUM
fbem-32831	549	5	.	.	PUNCT
fbem-32831	550	1	[	[	X
fbem-32831	550	2	9	9	NUM
fbem-32831	550	3	]	]	SYM
fbem-32831	550	4	francesca	francesca	PROPN
fbem-32831	550	5	d	d	PROPN
fbem-32831	550	6	,	,	PUNCT
fbem-32831	550	7	barbara	barbara	PROPN
fbem-32831	550	8	a	a	PROPN
fbem-32831	550	9	,	,	PUNCT
fbem-32831	550	10	matthias	matthias	PROPN
fbem-32831	550	11	k	k	PROPN
fbem-32831	550	12	,	,	PUNCT
fbem-32831	550	13	et	et	PROPN
fbem-32831	550	14	al	al	PROPN
fbem-32831	550	15	.	.	PUNCT
fbem-32831	551	1	climate	climate	NOUN
fbem-32831	551	2	actions	action	NOUN
fbem-32831	551	3	and	and	CCONJ
fbem-32831	551	4	macro	macro	ADJ
fbem-32831	551	5	-	-	ADJ
fbem-32831	551	6	financial	financial	ADJ
fbem-32831	551	7	stability	stability	NOUN
fbem-32831	551	8	:	:	PUNCT
fbem-32831	551	9	the	the	DET
fbem-32831	551	10	role	role	NOUN
fbem-32831	551	11	of	of	ADP
fbem-32831	551	12	central	central	ADJ
fbem-32831	551	13	banks	bank	NOUN
fbem-32831	552	1	[	[	X
fbem-32831	552	2	j	j	X
fbem-32831	552	3	]	]	X
fbem-32831	552	4	.	.	PUNCT
fbem-32831	553	1	journal	journal	PROPN
fbem-32831	553	2	of	of	ADP
fbem-32831	553	3	environmental	environmental	ADJ
fbem-32831	553	4	economics	economic	NOUN
fbem-32831	553	5	and	and	CCONJ
fbem-32831	553	6	management	management	NOUN
fbem-32831	553	7	,	,	PUNCT
fbem-32831	553	8	2021	2021	NUM
fbem-32831	553	9	,	,	PUNCT
fbem-32831	553	10	110:102548	110:102548	NUM
fbem-32831	553	11	.	.	PUNCT
fbem-32831	554	1	[	[	X
fbem-32831	554	2	10	10	NUM
fbem-32831	554	3	]	]	X
fbem-32831	554	4	gan	gan	PROPN
fbem-32831	554	5	k	k	PROPN
fbem-32831	554	6	,	,	PUNCT
fbem-32831	554	7	li	li	PROPN
fbem-32831	554	8	r	r	PROPN
fbem-32831	554	9	,	,	PUNCT
fbem-32831	554	10	zhou	zhou	PROPN
fbem-32831	554	11	q.	q.	PROPN
fbem-32831	554	12	climate	climate	PROPN
fbem-32831	554	13	transition	transition	NOUN
fbem-32831	554	14	risk	risk	NOUN
fbem-32831	554	15	,	,	PUNCT
fbem-32831	554	16	environmental	environmental	ADJ
fbem-32831	554	17	news	news	NOUN
fbem-32831	554	18	coverage	coverage	NOUN
fbem-32831	554	19	,	,	PUNCT
fbem-32831	554	20	and	and	CCONJ
fbem-32831	554	21	stock	stock	NOUN
fbem-32831	554	22	price	price	NOUN
fbem-32831	554	23	crash	crash	NOUN
fbem-32831	554	24	risk	risk	NOUN
fbem-32831	555	1	[	[	X
fbem-32831	555	2	j	j	X
fbem-32831	555	3	]	]	X
fbem-32831	555	4	.	.	PUNCT
fbem-32831	556	1	internation	internation	PROPN
fbem-32831	556	2	al	al	PROPN
fbem-32831	556	3	review	review	PROPN
fbem-32831	556	4	of	of	ADP
fbem-32831	556	5	financial	financial	ADJ
fbem-32831	556	6	analysis	analysis	NOUN
fbem-32831	556	7	,	,	PUNCT
fbem-32831	556	8	2024	2024	NUM
fbem-32831	556	9	,	,	PUNCT
fbem-32831	556	10	96	96	NUM
fbem-32831	556	11	:	:	SYM
fbem-32831	556	12	103657	103657	NUM
fbem-32831	556	13	.	.	PUNCT
fbem-32831	557	1	[	[	X
fbem-32831	557	2	11	11	NUM
fbem-32831	557	3	]	]	X
fbem-32831	557	4	giglio	giglio	PROPN
fbem-32831	557	5	s	s	PROPN
fbem-32831	557	6	,	,	PUNCT
fbem-32831	557	7	kelly	kelly	PROPN
fbem-32831	557	8	b	b	PROPN
fbem-32831	557	9	,	,	PUNCT
fbem-32831	557	10	stroebel	stroebel	PROPN
fbem-32831	557	11	j.	j.	PROPN
fbem-32831	557	12	climate	climate	PROPN
fbem-32831	557	13	finance	finance	NOUN
fbem-32831	558	1	[	[	X
fbem-32831	558	2	j	j	X
fbem-32831	558	3	]	]	X
fbem-32831	558	4	.	.	PUNCT
fbem-32831	559	1	annual	annual	ADJ
fbem-32831	559	2	review	review	NOUN
fbem-32831	559	3	of	of	ADP
fbem-32831	559	4	financial	financial	ADJ
fbem-32831	559	5	economics	economic	NOUN
fbem-32831	559	6	,	,	PUNCT
fbem-32831	559	7	2021	2021	NUM
fbem-32831	559	8	,	,	PUNCT
fbem-32831	559	9	13(1	13(1	NUM
fbem-32831	559	10	):	):	PUNCT
fbem-32831	559	11	15	15	NUM
fbem-32831	559	12	-	-	SYM
fbem-32831	559	13	36	36	NUM
fbem-32831	559	14	.	.	PUNCT
fbem-32831	560	1	[	[	X
fbem-32831	560	2	12	12	NUM
fbem-32831	560	3	]	]	X
fbem-32831	560	4	guo	guo	PROPN
fbem-32831	560	5	k	k	PROPN
fbem-32831	560	6	,	,	PUNCT
fbem-32831	560	7	ji	ji	PROPN
fbem-32831	560	8	q	q	PROPN
fbem-32831	560	9	,	,	PUNCT
fbem-32831	560	10	zhang	zhang	PROPN
fbem-32831	560	11	d.	d.	PROPN
fbem-32831	560	12	a	a	DET
fbem-32831	560	13	dataset	dataset	VERB
fbem-32831	560	14	to	to	PART
fbem-32831	560	15	measure	measure	VERB
fbem-32831	560	16	global	global	ADJ
fbem-32831	560	17	climate	climate	NOUN
fbem-32831	560	18	physical	physical	ADJ
fbem-32831	560	19	risk	risk	NOUN
fbem-32831	561	1	[	[	X
fbem-32831	561	2	j	j	X
fbem-32831	561	3	]	]	X
fbem-32831	561	4	.	.	PUNCT
fbem-32831	562	1	data	datum	NOUN
fbem-32831	562	2	in	in	ADP
fbem-32831	562	3	brief	brief	ADJ
fbem-32831	562	4	,	,	PUNCT
fbem-32831	562	5	2024	2024	NUM
fbem-32831	562	6	,	,	PUNCT
fbem-32831	562	7	54:110502	54:110502	NUM
fbem-32831	562	8	.	.	PUNCT
fbem-32831	563	1	[	[	X
fbem-32831	563	2	13	13	NUM
fbem-32831	563	3	]	]	X
fbem-32831	563	4	guo	guo	PROPN
fbem-32831	563	5	x	x	PROPN
fbem-32831	563	6	,	,	PUNCT
fbem-32831	563	7	li	li	PROPN
fbem-32831	563	8	r.	r.	PROPN
fbem-32831	563	9	climate	climate	PROPN
fbem-32831	563	10	physical	physical	ADJ
fbem-32831	563	11	risks	risk	NOUN
fbem-32831	563	12	and	and	CCONJ
fbem-32831	563	13	corporate	corporate	ADJ
fbem-32831	563	14	supply	supply	NOUN
fbem-32831	563	15	chain	chain	NOUN
fbem-32831	563	16	resilience	resilience	NOUN
fbem-32831	563	17	:	:	PUNCT
fbem-32831	563	18	how	how	SCONJ
fbem-32831	563	19	do	do	VERB
fbem-32831	563	20	investor	investor	NOUN
fbem-32831	563	21	sentiment	sentiment	NOUN
fbem-32831	563	22	and	and	CCONJ
fbem-32831	563	23	risk	risk	NOUN
fbem-32831	563	24	-	-	PUNCT
fbem-32831	563	25	taking	take	VERB
fbem-32831	563	26	behaviors	behavior	NOUN
fbem-32831	563	27	influence	influence	VERB
fbem-32831	563	28	supply	supply	NOUN
fbem-32831	563	29	chain	chain	NOUN
fbem-32831	563	30	operations	operation	NOUN
fbem-32831	563	31	?	?	PUNCT
fbem-32831	564	1	[	[	X
fbem-32831	564	2	j	j	X
fbem-32831	564	3	]	]	X
fbem-32831	564	4	.	.	PUNCT
fbem-32831	565	1	finance	finance	NOUN
fbem-32831	565	2	research	research	NOUN
fbem-32831	565	3	letters	letter	NOUN
fbem-32831	565	4	,	,	PUNCT
fbem-32831	565	5	2025	2025	NUM
fbem-32831	565	6	,	,	PUNCT
fbem-32831	565	7	85	85	NUM
fbem-32831	565	8	:	:	SYM
fbem-32831	565	9	107903	107903	NUM
fbem-32831	565	10	.	.	PUNCT
fbem-32831	566	1	[	[	X
fbem-32831	566	2	14	14	NUM
fbem-32831	566	3	]	]	PUNCT
fbem-32831	566	4	huynh	huynh	PROPN
fbem-32831	566	5	t	t	PROPN
fbem-32831	566	6	d	d	PROPN
fbem-32831	566	7	,	,	PUNCT
fbem-32831	566	8	xia	xia	PROPN
fbem-32831	566	9	y.	y.	PROPN
fbem-32831	566	10	climate	climate	PROPN
fbem-32831	566	11	change	change	NOUN
fbem-32831	566	12	news	news	NOUN
fbem-32831	566	13	risk	risk	NOUN
fbem-32831	566	14	and	and	CCONJ
fbem-32831	566	15	corporate	corporate	ADJ
fbem-32831	566	16	bond	bond	NOUN
fbem-32831	566	17	returns	return	NOUN
fbem-32831	566	18	[	[	X
fbem-32831	566	19	j	j	X
fbem-32831	566	20	]	]	X
fbem-32831	566	21	.	.	PUNCT
fbem-32831	567	1	journal	journal	PROPN
fbem-32831	567	2	of	of	ADP
fbem-32831	567	3	financial	financial	ADJ
fbem-32831	567	4	and	and	CCONJ
fbem-32831	567	5	quantitative	quantitative	ADJ
fbem-32831	567	6	analysis	analysis	NOUN
fbem-32831	567	7	,	,	PUNCT
fbem-32831	567	8	2021	2021	NUM
fbem-32831	567	9	,	,	PUNCT
fbem-32831	567	10	56(6	56(6	NUM
fbem-32831	567	11	):	):	PUNCT
fbem-32831	567	12	1985	1985	NUM
fbem-32831	567	13	-	-	SYM
fbem-32831	567	14	2009	2009	NUM
fbem-32831	567	15	.	.	PUNCT
fbem-32831	568	1	[	[	X
fbem-32831	568	2	15	15	NUM
fbem-32831	568	3	]	]	X
fbem-32831	568	4	inoue	inoue	PROPN
fbem-32831	568	5	h	h	PROPN
fbem-32831	568	6	,	,	PUNCT
fbem-32831	568	7	todo	todo	PROPN
fbem-32831	568	8	y.	y.	PROPN
fbem-32831	568	9	firm	firm	ADJ
fbem-32831	568	10	-	-	PUNCT
fbem-32831	568	11	level	level	NOUN
fbem-32831	568	12	propagation	propagation	NOUN
fbem-32831	568	13	of	of	ADP
fbem-32831	568	14	shocks	shock	NOUN
fbem-32831	568	15	through	through	ADP
fbem-32831	568	16	supply	supply	NOUN
fbem-32831	568	17	-	-	PUNCT
fbem-32831	568	18	chain	chain	NOUN
fbem-32831	568	19	networks	network	NOUN
fbem-32831	568	20	[	[	X
fbem-32831	568	21	j	j	X
fbem-32831	568	22	]	]	X
fbem-32831	568	23	.	.	PUNCT
fbem-32831	569	1	nature	nature	NOUN
fbem-32831	569	2	sustainability	sustainability	NOUN
fbem-32831	569	3	,	,	PUNCT
fbem-32831	569	4	2019	2019	NUM
fbem-32831	569	5	,	,	PUNCT
fbem-32831	569	6	2(9	2(9	NUM
fbem-32831	569	7	):	):	PUNCT
fbem-32831	569	8	841	841	NUM
fbem-32831	569	9	-	-	SYM
fbem-32831	569	10	847	847	NUM
fbem-32831	569	11	.	.	PUNCT
fbem-32831	570	1	[	[	X
fbem-32831	570	2	16	16	NUM
fbem-32831	570	3	]	]	X
fbem-32831	570	4	intergovernmental	intergovernmental	ADJ
fbem-32831	570	5	panel	panel	NOUN
fbem-32831	570	6	on	on	ADP
fbem-32831	570	7	climate	climate	NOUN
fbem-32831	570	8	change	change	NOUN
fbem-32831	570	9	.	.	PUNCT
fbem-32831	571	1	climate	climate	NOUN
fbem-32831	571	2	change	change	NOUN
fbem-32831	571	3	2022	2022	NUM
fbem-32831	571	4	:	:	PUNCT
fbem-32831	571	5	impacts	impact	NOUN
fbem-32831	571	6	,	,	PUNCT
fbem-32831	571	7	adaptation	adaptation	NOUN
fbem-32831	571	8	and	and	CCONJ
fbem-32831	571	9	vulnerability	vulnerability	NOUN
fbem-32831	571	10	:	:	PUNCT
fbem-32831	571	11	summary	summary	NOUN
fbem-32831	571	12	for	for	ADP
fbem-32831	571	13	policymakers	policymaker	NOUN
fbem-32831	572	1	[	[	X
fbem-32831	572	2	r	r	X
fbem-32831	572	3	/	/	SYM
fbem-32831	572	4	ol	ol	ADJ
fbem-32831	572	5	]	]	PUNCT
fbem-32831	572	6	.	.	PUNCT
fbem-32831	573	1	2022	2022	NUM
fbem-32831	573	2	.	.	PUNCT
fbem-32831	574	1	https://www.ipcc.ch/report/ar6/wg2/.	https://www.ipcc.ch/report/ar6/wg2/.	PROPN
fbem-32831	575	1	[	[	X
fbem-32831	575	2	17	17	NUM
fbem-32831	575	3	]	]	X
fbem-32831	575	4	jia	jia	PROPN
fbem-32831	575	5	l	l	PROPN
fbem-32831	575	6	,	,	PUNCT
fbem-32831	575	7	li	li	PROPN
fbem-32831	575	8	j.	j.	PROPN
fbem-32831	575	9	how	how	SCONJ
fbem-32831	575	10	does	do	VERB
fbem-32831	575	11	digital	digital	ADJ
fbem-32831	575	12	collaboration	collaboration	NOUN
fbem-32831	575	13	impact	impact	NOUN
fbem-32831	575	14	supply	supply	NOUN
fbem-32831	575	15	chain	chain	NOUN
fbem-32831	575	16	resilience	resilience	NOUN
fbem-32831	576	1	[	[	X
fbem-32831	576	2	j	j	X
fbem-32831	576	3	]	]	X
fbem-32831	576	4	.	.	PUNCT
fbem-32831	577	1	finance	finance	NOUN
fbem-32831	577	2	research	research	NOUN
fbem-32831	577	3	letters	letter	NOUN
fbem-32831	577	4	,	,	PUNCT
fbem-32831	577	5	2024	2024	NUM
fbem-32831	577	6	,	,	PUNCT
fbem-32831	577	7	66:105684	66:105684	NUM
fbem-32831	577	8	.	.	PUNCT
fbem-32831	578	1	[	[	X
fbem-32831	578	2	18	18	NUM
fbem-32831	578	3	]	]	PUNCT
fbem-32831	578	4	jin	jin	NOUN
fbem-32831	578	5	l	l	PROPN
fbem-32831	578	6	,	,	PUNCT
fbem-32831	578	7	myers	myers	PROPN
fbem-32831	578	8	c	c	PROPN
fbem-32831	578	9	s.	s.	PROPN
fbem-32831	578	10	r	r	PROPN
fbem-32831	578	11	2	2	NUM
fbem-32831	578	12	around	around	ADP
fbem-32831	578	13	the	the	DET
fbem-32831	578	14	world	world	NOUN
fbem-32831	578	15	:	:	PUNCT
fbem-32831	578	16	new	new	ADJ
fbem-32831	578	17	theory	theory	NOUN
fbem-32831	578	18	and	and	CCONJ
fbem-32831	578	19	new	new	ADJ
fbem-32831	578	20	tests	test	NOUN
fbem-32831	578	21	[	[	X
fbem-32831	578	22	j	j	X
fbem-32831	578	23	]	]	X
fbem-32831	578	24	.	.	PUNCT
fbem-32831	579	1	journal	journal	PROPN
fbem-32831	579	2	of	of	ADP
fbem-32831	579	3	financial	financial	ADJ
fbem-32831	579	4	economics	economic	NOUN
fbem-32831	579	5	,	,	PUNCT
fbem-32831	579	6	2004	2004	NUM
fbem-32831	579	7	,	,	PUNCT
fbem-32831	579	8	79(2	79(2	NUM
fbem-32831	579	9	):	):	PUNCT
fbem-32831	579	10	257	257	NUM
fbem-32831	579	11	-	-	SYM
fbem-32831	579	12	292	292	NUM
fbem-32831	579	13	.	.	PUNCT
fbem-32831	580	1	https://www.ipcc.ch/report/ar6/wg2/	https://www.ipcc.ch/report/ar6/wg2/	NOUN
fbem-32831	580	2	35	35	NUM
fbem-32831	580	3	[	[	NOUN
fbem-32831	580	4	19	19	NUM
fbem-32831	580	5	]	]	PUNCT
fbem-32831	580	6	krueger	krueger	PROPN
fbem-32831	580	7	p.	p.	NOUN
fbem-32831	581	1	the	the	DET
fbem-32831	581	2	importance	importance	NOUN
fbem-32831	581	3	of	of	ADP
fbem-32831	581	4	climate	climate	NOUN
fbem-32831	581	5	risks	risk	NOUN
fbem-32831	581	6	for	for	ADP
fbem-32831	581	7	institutional	institutional	ADJ
fbem-32831	581	8	investors	investor	NOUN
fbem-32831	582	1	[	[	X
fbem-32831	582	2	j	j	X
fbem-32831	582	3	]	]	X
fbem-32831	582	4	.	.	PUNCT
fbem-32831	583	1	the	the	DET
fbem-32831	583	2	review	review	NOUN
fbem-32831	583	3	of	of	ADP
fbem-32831	583	4	financial	financial	ADJ
fbem-32831	583	5	studies	study	NOUN
fbem-32831	583	6	,	,	PUNCT
fbem-32831	583	7	2020	2020	NUM
fbem-32831	583	8	,	,	PUNCT
fbem-32831	583	9	33(3	33(3	NUM
fbem-32831	583	10	):	):	PUNCT
fbem-32831	583	11	1067	1067	NUM
fbem-32831	583	12	-	-	SYM
fbem-32831	583	13	1111	1111	NUM
fbem-32831	583	14	.	.	PUNCT
fbem-32831	584	1	[	[	X
fbem-32831	584	2	20	20	NUM
fbem-32831	584	3	]	]	SYM
fbem-32831	584	4	li	li	PROPN
fbem-32831	584	5	j	j	PROPN
fbem-32831	584	6	,	,	PUNCT
fbem-32831	584	7	zhou	zhou	PROPN
fbem-32831	584	8	z	z	PROPN
fbem-32831	585	1	q	q	PROPN
fbem-32831	585	2	,	,	PUNCT
fbem-32831	585	3	zhang	zhang	PROPN
fbem-32831	585	4	y	y	PROPN
fbem-32831	585	5	,	,	PUNCT
fbem-32831	585	6	et	et	PROPN
fbem-32831	585	7	al	al	PROPN
fbem-32831	585	8	.	.	PUNCT
fbem-32831	585	9	information	information	NOUN
fbem-32831	585	10	interaction	interaction	NOUN
fbem-32831	585	11	among	among	ADP
fbem-32831	585	12	institutional	institutional	ADJ
fbem-32831	585	13	investors	investor	NOUN
fbem-32831	585	14	and	and	CCONJ
fbem-32831	585	15	stock	stock	NOUN
fbem-32831	585	16	price	price	NOUN
fbem-32831	585	17	crash	crash	NOUN
fbem-32831	585	18	risk	risk	NOUN
fbem-32831	585	19	based	base	VERB
fbem-32831	585	20	on	on	ADP
fbem-32831	585	21	multiplex	multiplex	PROPN
fbem-32831	585	22	networks	network	NOUN
fbem-32831	586	1	[	[	X
fbem-32831	586	2	j	j	X
fbem-32831	586	3	]	]	X
fbem-32831	586	4	.	.	PUNCT
fbem-32831	587	1	international	international	ADJ
fbem-32831	587	2	review	review	NOUN
fbem-32831	587	3	of	of	ADP
fbem-32831	587	4	financial	financial	ADJ
fbem-32831	587	5	analysis	analysis	NOUN
fbem-32831	587	6	,	,	PUNCT
fbem-32831	587	7	2023	2023	NUM
fbem-32831	587	8	,	,	PUNCT
fbem-32831	587	9	89	89	NUM
fbem-32831	587	10	:	:	SYM
fbem-32831	587	11	102780	102780	NUM
fbem-32831	587	12	.	.	PUNCT
fbem-32831	588	1	[	[	X
fbem-32831	588	2	21	21	NUM
fbem-32831	588	3	]	]	X
fbem-32831	588	4	li	li	PROPN
fbem-32831	588	5	q	q	PROPN
fbem-32831	588	6	,	,	PUNCT
fbem-32831	588	7	shan	shan	PROPN
fbem-32831	588	8	h	h	PROPN
fbem-32831	588	9	y	y	PROPN
fbem-32831	588	10	,	,	PUNCT
fbem-32831	588	11	tang	tang	PROPN
fbem-32831	588	12	y	y	PROPN
fbem-32831	588	13	h	h	PROPN
fbem-32831	588	14	,	,	PUNCT
fbem-32831	588	15	et	et	PROPN
fbem-32831	588	16	al	al	PROPN
fbem-32831	588	17	.	.	PUNCT
fbem-32831	588	18	corporate	corporate	ADJ
fbem-32831	588	19	climate	climate	NOUN
fbem-32831	588	20	risk	risk	NOUN
fbem-32831	588	21	:	:	PUNCT
fbem-32831	588	22	measurements	measurement	NOUN
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fbem-32831	588	24	responses	response	NOUN
fbem-32831	589	1	[	[	X
fbem-32831	589	2	j	j	X
fbem-32831	589	3	]	]	X
fbem-32831	589	4	.	.	PUNCT
fbem-32831	590	1	the	the	DET
fbem-32831	590	2	review	review	NOUN
fbem-32831	590	3	of	of	ADP
fbem-32831	590	4	financial	financial	ADJ
fbem-32831	590	5	studies	study	NOUN
fbem-32831	590	6	,	,	PUNCT
fbem-32831	590	7	2024	2024	NUM
fbem-32831	590	8	,	,	PUNCT
fbem-32831	590	9	37(6	37(6	NUM
fbem-32831	590	10	):	):	PUNCT
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fbem-32831	590	12	-	-	SYM
fbem-32831	590	13	1830	1830	NUM
fbem-32831	590	14	.	.	PUNCT
fbem-32831	591	1	[	[	X
fbem-32831	591	2	22	22	NUM
fbem-32831	591	3	]	]	X
fbem-32831	591	4	lin	lin	PROPN
fbem-32831	591	5	b	b	PROPN
fbem-32831	591	6	,	,	PUNCT
fbem-32831	591	7	wu	wu	PROPN
fbem-32831	591	8	n.	n.	PROPN
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fbem-32831	591	11	disclosure	disclosure	NOUN
fbem-32831	591	12	and	and	CCONJ
fbem-32831	591	13	stock	stock	NOUN
fbem-32831	591	14	price	price	NOUN
fbem-32831	591	15	crash	crash	NOUN
fbem-32831	591	16	risk	risk	NOUN
fbem-32831	591	17	:	:	PUNCT
fbem-32831	591	18	the	the	DET
fbem-32831	591	19	case	case	NOUN
fbem-32831	591	20	of	of	ADP
fbem-32831	591	21	china	china	PROPN
fbem-32831	592	1	[	[	X
fbem-32831	592	2	j	j	X
fbem-32831	592	3	]	]	X
fbem-32831	592	4	.	.	PUNCT
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fbem-32831	593	2	review	review	PROPN
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fbem-32831	593	5	&	&	CCONJ
fbem-32831	593	6	finance	finance	PROPN
fbem-32831	593	7	,	,	PUNCT
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fbem-32831	593	9	,	,	PUNCT
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fbem-32831	593	11	:	:	SYM
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fbem-32831	593	13	-	-	SYM
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fbem-32831	593	15	.	.	PUNCT
fbem-32831	594	1	[	[	X
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fbem-32831	594	3	]	]	X
fbem-32831	594	4	magnan	magnan	NOUN
fbem-32831	594	5	a	a	DET
fbem-32831	594	6	k	k	NOUN
fbem-32831	594	7	,	,	PUNCT
fbem-32831	594	8	portner	portner	NOUN
fbem-32831	594	9	h	h	NOUN
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fbem-32831	594	11	,	,	PUNCT
fbem-32831	594	12	duvat	duvat	NOUN
fbem-32831	594	13	v	v	ADP
fbem-32831	594	14	k	k	PROPN
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fbem-32831	594	16	,	,	PUNCT
fbem-32831	594	17	et	et	PROPN
fbem-32831	594	18	al	al	PROPN
fbem-32831	594	19	.	.	PUNCT
fbem-32831	594	20	estimating	estimate	VERB
fbem-32831	594	21	the	the	DET
fbem-32831	594	22	global	global	ADJ
fbem-32831	594	23	risk	risk	NOUN
fbem-32831	594	24	of	of	ADP
fbem-32831	594	25	anthropogenic	anthropogenic	ADJ
fbem-32831	594	26	climate	climate	NOUN
fbem-32831	594	27	change	change	NOUN
fbem-32831	595	1	[	[	X
fbem-32831	595	2	j	j	X
fbem-32831	595	3	]	]	X
fbem-32831	595	4	.	.	PUNCT
fbem-32831	596	1	nature	nature	NOUN
fbem-32831	596	2	climate	climate	NOUN
fbem-32831	596	3	change	change	NOUN
fbem-32831	596	4	,	,	PUNCT
fbem-32831	596	5	2021	2021	NUM
fbem-32831	596	6	,	,	PUNCT
fbem-32831	596	7	11	11	NUM
fbem-32831	596	8	:	:	PUNCT
fbem-32831	596	9	879	879	NUM
fbem-32831	596	10	-	-	SYM
fbem-32831	596	11	885	885	NUM
fbem-32831	596	12	.	.	PUNCT
fbem-32831	597	1	[	[	X
fbem-32831	597	2	24	24	NUM
fbem-32831	597	3	]	]	X
fbem-32831	597	4	naseer	naseer	PROPN
fbem-32831	597	5	m	m	PROPN
fbem-32831	597	6	m	m	PROPN
fbem-32831	597	7	,	,	PUNCT
fbem-32831	597	8	guo	guo	PROPN
fbem-32831	597	9	y	y	PROPN
fbem-32831	597	10	,	,	PUNCT
fbem-32831	597	11	bagh	bagh	PROPN
fbem-32831	597	12	t	t	PROPN
fbem-32831	597	13	,	,	PUNCT
fbem-32831	597	14	et	et	PROPN
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fbem-32831	597	18	investments	investment	NOUN
fbem-32831	597	19	in	in	ADP
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fbem-32831	597	21	times	time	NOUN
fbem-32831	597	22	:	:	PUNCT
fbem-32831	597	23	nexus	nexus	NOUN
fbem-32831	597	24	of	of	ADP
fbem-32831	597	25	climate	climate	NOUN
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fbem-32831	597	27	risk	risk	NOUN
fbem-32831	597	28	,	,	PUNCT
fbem-32831	597	29	esg	esg	NOUN
fbem-32831	597	30	practices	practice	NOUN
fbem-32831	597	31	,	,	PUNCT
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fbem-32831	597	33	market	market	NOUN
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fbem-32831	597	35	[	[	X
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fbem-32831	597	37	]	]	X
fbem-32831	597	38	.	.	PUNCT
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fbem-32831	598	2	review	review	NOUN
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fbem-32831	598	6	,	,	PUNCT
fbem-32831	598	7	2024	2024	NUM
fbem-32831	598	8	,	,	PUNCT
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fbem-32831	598	10	:	:	SYM
fbem-32831	598	11	103492	103492	NUM
fbem-32831	598	12	.	.	PUNCT
fbem-32831	599	1	[	[	X
fbem-32831	599	2	25	25	NUM
fbem-32831	599	3	]	]	PUNCT
fbem-32831	599	4	ni	ni	PROPN
fbem-32831	599	5	x	x	PROPN
fbem-32831	599	6	,	,	PUNCT
fbem-32831	599	7	si	si	PROPN
fbem-32831	599	8	y	y	PROPN
fbem-32831	599	9	,	,	PUNCT
fbem-32831	599	10	zhang	zhang	PROPN
fbem-32831	599	11	b.	b.	PROPN
fbem-32831	599	12	climate	climate	PROPN
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fbem-32831	599	14	and	and	CCONJ
fbem-32831	599	15	stock	stock	NOUN
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fbem-32831	599	18	risk	risk	NOUN
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fbem-32831	600	1	[	[	X
fbem-32831	600	2	j	j	X
fbem-32831	600	3	]	]	X
fbem-32831	600	4	.	.	PUNCT
fbem-32831	601	1	ssrn	ssrn	PROPN
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fbem-32831	601	4	,	,	PUNCT
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fbem-32831	601	6	:	:	PUNCT
fbem-32831	601	7	3930554	3930554	NUM
fbem-32831	601	8	.	.	PUNCT
fbem-32831	602	1	[	[	X
fbem-32831	602	2	26	26	NUM
fbem-32831	602	3	]	]	PUNCT
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fbem-32831	602	5	n	n	X
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fbem-32831	602	8	,	,	PUNCT
fbem-32831	602	9	schiller	schiller	PROPN
fbem-32831	602	10	c	c	PROPN
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fbem-32831	602	12	climate	climate	NOUN
fbem-32831	602	13	change	change	NOUN
fbem-32831	602	14	and	and	CCONJ
fbem-32831	602	15	adaptatio	adaptatio	NOUN
fbem-32831	602	16	n	n	CCONJ
fbem-32831	602	17	in	in	ADP
fbem-32831	602	18	global	global	ADJ
fbem-32831	602	19	supply	supply	NOUN
fbem-32831	602	20	-	-	PUNCT
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fbem-32831	602	22	networks	network	NOUN
fbem-32831	602	23	[	[	X
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fbem-32831	602	25	]	]	X
fbem-32831	602	26	.	.	PUNCT
fbem-32831	603	1	the	the	DET
fbem-32831	603	2	review	review	NOUN
fbem-32831	603	3	of	of	ADP
fbem-32831	603	4	financial	financial	ADJ
fbem-32831	603	5	studies	study	NOUN
fbem-32831	603	6	,	,	PUNCT
fbem-32831	603	7	2024	2024	NUM
fbem-32831	603	8	,	,	PUNCT
fbem-32831	603	9	37(6	37(6	NUM
fbem-32831	603	10	):	):	PUNCT
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fbem-32831	603	12	-	-	SYM
fbem-32831	603	13	1777	1777	NUM
fbem-32831	603	14	.	.	PUNCT
fbem-32831	604	1	[	[	X
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fbem-32831	604	7	.	.	PUNCT
fbem-32831	605	1	economics	economic	NOUN
fbem-32831	605	2	of	of	ADP
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fbem-32831	605	4	change	change	NOUN
fbem-32831	605	5	:	:	PUNCT
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fbem-32831	605	7	action	action	NOUN
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fbem-32831	605	9	an	an	DET
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fbem-32831	606	1	[	[	X
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fbem-32831	606	5	]	]	PUNCT
fbem-32831	606	6	.	.	PUNCT
fbem-32831	606	7	2021	2021	NUM
fbem-32831	606	8	-	-	SYM
fbem-32831	606	9	04	04	NUM
fbem-32831	606	10	-	-	PUNCT
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fbem-32831	606	12	.	.	PUNCT
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fbem-32831	607	3	.	.	PUNCT
fbem-32831	608	1	[	[	X
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fbem-32831	608	3	]	]	X
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fbem-32831	608	7	,	,	PUNCT
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fbem-32831	608	11	,	,	PUNCT
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fbem-32831	608	13	w	w	PROPN
fbem-32831	608	14	,	,	PUNCT
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fbem-32831	608	17	.	.	PUNCT
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fbem-32831	608	24	reaction	reaction	NOUN
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fbem-32831	608	28	in	in	ADP
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fbem-32831	609	1	[	[	X
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fbem-32831	609	4	.	.	PUNCT
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fbem-32831	610	7	,	,	PUNCT
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fbem-32831	610	9	,	,	PUNCT
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fbem-32831	610	15	.	.	PUNCT
fbem-32831	611	1	[	[	X
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fbem-32831	611	6	,	,	PUNCT
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fbem-32831	611	9	,	,	PUNCT
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fbem-32831	611	13	et	et	PROPN
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fbem-32831	611	22	and	and	CCONJ
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fbem-32831	611	25	risks	risk	NOUN
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fbem-32831	612	1	[	[	X
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fbem-32831	612	4	.	.	PUNCT
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fbem-32831	613	7	,	,	PUNCT
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fbem-32831	613	9	,	,	PUNCT
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fbem-32831	613	11	:	:	SYM
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fbem-32831	614	6	,	,	PUNCT
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fbem-32831	614	9	,	,	PUNCT
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fbem-32831	614	13	et	et	PROPN
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fbem-32831	614	22	yield	yield	NOUN
fbem-32831	614	23	spreads	spread	NOUN
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fbem-32831	615	1	[	[	X
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fbem-32831	615	4	.	.	PUNCT
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fbem-32831	616	9	,	,	PUNCT
fbem-32831	616	10	2024	2024	NUM
fbem-32831	616	11	,	,	PUNCT
fbem-32831	616	12	31(5	31(5	NUM
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fbem-32831	616	15	-	-	SYM
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fbem-32831	616	17	.	.	PUNCT
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fbem-32831	617	9	,	,	PUNCT
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fbem-32831	617	12	,	,	PUNCT
fbem-32831	617	13	et	et	PROPN
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fbem-32831	617	15	.	.	PUNCT
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fbem-32831	617	22	:	:	PUNCT
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fbem-32831	617	26	text‐based	text‐base	VERB
fbem-32831	617	27	carbon	carbon	NOUN
fbem-32831	617	28	disclosure	disclosure	NOUN
fbem-32831	618	1	[	[	X
fbem-32831	618	2	j	j	X
fbem-32831	618	3	]	]	X
fbem-32831	618	4	.	.	PUNCT
fbem-32831	619	1	accounting	accounting	PROPN
fbem-32831	619	2	&	&	CCONJ
fbem-32831	619	3	finance	finance	PROPN
fbem-32831	619	4	,	,	PUNCT
fbem-32831	619	5	2025	2025	NUM
fbem-32831	619	6	,	,	PUNCT
fbem-32831	619	7	65(3	65(3	NUM
fbem-32831	619	8	):	):	PUNCT
fbem-32831	619	9	3107	3107	NUM
fbem-32831	619	10	-	-	SYM
fbem-32831	619	11	3141	3141	NUM
fbem-32831	619	12	.	.	PUNCT
fbem-32831	620	1	[	[	X
fbem-32831	620	2	32	32	NUM
fbem-32831	620	3	]	]	X
fbem-32831	620	4	zhang	zhang	PROPN
fbem-32831	620	5	p	p	X
fbem-32831	620	6	,	,	PUNCT
fbem-32831	620	7	deschenes	deschene	NOUN
fbem-32831	620	8	o	o	PROPN
fbem-32831	620	9	,	,	PUNCT
fbem-32831	620	10	meng	meng	PROPN
fbem-32831	620	11	k	k	PROPN
fbem-32831	620	12	,	,	PUNCT
fbem-32831	620	13	et	et	PROPN
fbem-32831	620	14	al	al	PROPN
fbem-32831	620	15	.	.	PUNCT
fbem-32831	620	16	temperature	temperature	NOUN
fbem-32831	620	17	effects	effect	NOUN
fbem-32831	620	18	on	on	ADP
fbem-32831	620	19	productivity	productivity	NOUN
fbem-32831	620	20	and	and	CCONJ
fbem-32831	620	21	factor	factor	NOUN
fbem-32831	620	22	reallocation	reallocation	NOUN
fbem-32831	620	23	:	:	PUNCT
fbem-32831	620	24	evidence	evidence	NOUN
fbem-32831	620	25	from	from	ADP
fbem-32831	620	26	a	a	DET
fbem-32831	620	27	half	half	NOUN
fbem-32831	620	28	million	million	NUM
fbem-32831	620	29	chinese	chinese	ADJ
fbem-32831	620	30	manufacturing	manufacturing	NOUN
fbem-32831	620	31	plants	plant	NOUN
fbem-32831	621	1	[	[	X
fbem-32831	621	2	j	j	X
fbem-32831	621	3	]	]	X
fbem-32831	621	4	.	.	PUNCT
fbem-32831	622	1	journal	journal	PROPN
fbem-32831	622	2	of	of	ADP
fbem-32831	622	3	environmental	environmental	ADJ
fbem-32831	622	4	economics	economic	NOUN
fbem-32831	622	5	and	and	CCONJ
fbem-32831	622	6	management	management	NOUN
fbem-32831	622	7	,	,	PUNCT
fbem-32831	622	8	2018	2018	NUM
fbem-32831	622	9	,	,	PUNCT
fbem-32831	622	10	88	88	NUM
fbem-32831	622	11	:	:	SYM
fbem-32831	622	12	1	1	NUM
fbem-32831	622	13	-	-	SYM
fbem-32831	622	14	17	17	NUM
fbem-32831	622	15	.	.	PUNCT
fbem-32831	622	16	https://www.swissre.com/institute/research/topics-and-risk-dialogues/climate-and-natural-catastrophe-risk/expertise-publication-economics-of-climate-change.html	https://www.swissre.com/institute/research/topics-and-risk-dialogues/climate-and-natural-catastrophe-risk/expertise-publication-economics-of-climate-change.html	PROPN
fbem-32831	622	17	https://www.swissre.com/institute/research/topics-and-risk-dialogues/climate-and-natural-catastrophe-risk/expertise-publication-economics-of-climate-change.html	https://www.swissre.com/institute/research/topics-and-risk-dialogues/climate-and-natural-catastrophe-risk/expertise-publication-economics-of-climate-change.html	PROPN
fbem-32831	622	18	https://www.swissre.com/institute/research/topics-and-risk-dialogues/climate-and-natural-catastrophe-risk/expertise-publication-economics-of-climate-change.html	https://www.swissre.com/institute/research/topics-and-risk-dialogues/climate-and-natural-catastrophe-risk/expertise-publication-economics-of-climate-change.html	NOUN
