id	sid	tid	token	lemma	pos
fbem-448	1	1	frontiers	frontier	NOUN
fbem-448	1	2	in	in	ADP
fbem-448	1	3	business	business	NOUN
fbem-448	1	4	,	,	PUNCT
fbem-448	1	5	economics	economic	NOUN
fbem-448	1	6	and	and	CCONJ
fbem-448	1	7	management	management	NOUN
fbem-448	1	8	issn	issn	PROPN
fbem-448	1	9	:	:	PUNCT
fbem-448	1	10	2766	2766	NUM
fbem-448	1	11	-	-	PUNCT
fbem-448	1	12	824x	824x	NUM
fbem-448	1	13	|	|	ADJ
fbem-448	1	14	vol	vol	NOUN
fbem-448	1	15	.	.	PROPN
fbem-448	2	1	4	4	NUM
fbem-448	2	2	,	,	PUNCT
fbem-448	2	3	no	no	INTJ
fbem-448	2	4	.	.	NOUN
fbem-448	2	5	1	1	NUM
fbem-448	2	6	,	,	PUNCT
fbem-448	2	7	2022	2022	NUM
fbem-448	2	8	41	41	NUM
fbem-448	2	9	a	a	DET
fbem-448	2	10	review	review	NOUN
fbem-448	2	11	of	of	ADP
fbem-448	2	12	related	related	ADJ
fbem-448	2	13	literature	literature	NOUN
fbem-448	2	14	review	review	NOUN
fbem-448	2	15	on	on	ADP
fbem-448	2	16	the	the	DET
fbem-448	2	17	accuracy	accuracy	NOUN
fbem-448	2	18	of	of	ADP
fbem-448	2	19	securities	security	NOUN
fbem-448	2	20	analysts	analyst	NOUN
fbem-448	2	21	'	'	PART
fbem-448	2	22	earnings	earning	NOUN
fbem-448	2	23	forecast	forecast	NOUN
fbem-448	2	24	tingting	tingte	VERB
fbem-448	2	25	yu	yu	PROPN
fbem-448	2	26	school	school	PROPN
fbem-448	2	27	of	of	ADP
fbem-448	2	28	accounting	accounting	PROPN
fbem-448	2	29	,	,	PUNCT
fbem-448	2	30	anhui	anhui	PROPN
fbem-448	2	31	university	university	PROPN
fbem-448	2	32	of	of	ADP
fbem-448	2	33	finance	finance	NOUN
fbem-448	2	34	and	and	CCONJ
fbem-448	2	35	economics	economic	NOUN
fbem-448	2	36	,	,	PUNCT
fbem-448	2	37	anhui	anhui	PROPN
fbem-448	2	38	,	,	PUNCT
fbem-448	2	39	china	china	PROPN
fbem-448	2	40	abstract	abstract	NOUN
fbem-448	2	41	:	:	PUNCT
fbem-448	2	42	analysts	analyst	NOUN
fbem-448	2	43	play	play	VERB
fbem-448	2	44	a	a	DET
fbem-448	2	45	pivotal	pivotal	ADJ
fbem-448	2	46	role	role	NOUN
fbem-448	2	47	in	in	ADP
fbem-448	2	48	the	the	DET
fbem-448	2	49	capital	capital	NOUN
fbem-448	2	50	market	market	NOUN
fbem-448	2	51	.	.	PUNCT
fbem-448	3	1	as	as	ADP
fbem-448	3	2	an	an	DET
fbem-448	3	3	important	important	ADJ
fbem-448	3	4	information	information	NOUN
fbem-448	3	5	transmission	transmission	NOUN
fbem-448	3	6	medium	medium	NOUN
fbem-448	3	7	between	between	ADP
fbem-448	3	8	listed	list	VERB
fbem-448	3	9	companies	company	NOUN
fbem-448	3	10	and	and	CCONJ
fbem-448	3	11	investors	investor	NOUN
fbem-448	3	12	,	,	PUNCT
fbem-448	3	13	securities	security	NOUN
fbem-448	3	14	analysts	analyst	NOUN
fbem-448	3	15	use	use	VERB
fbem-448	3	16	their	their	PRON
fbem-448	3	17	superb	superb	ADJ
fbem-448	3	18	professional	professional	ADJ
fbem-448	3	19	level	level	NOUN
fbem-448	3	20	and	and	CCONJ
fbem-448	3	21	information	information	NOUN
fbem-448	3	22	advantages	advantage	NOUN
fbem-448	3	23	to	to	PART
fbem-448	3	24	integrate	integrate	VERB
fbem-448	3	25	and	and	CCONJ
fbem-448	3	26	analyze	analyze	VERB
fbem-448	3	27	the	the	DET
fbem-448	3	28	financial	financial	ADJ
fbem-448	3	29	data	datum	NOUN
fbem-448	3	30	and	and	CCONJ
fbem-448	3	31	business	business	NOUN
fbem-448	3	32	information	information	NOUN
fbem-448	3	33	of	of	ADP
fbem-448	3	34	listed	list	VERB
fbem-448	3	35	companies	company	NOUN
fbem-448	3	36	,	,	PUNCT
fbem-448	3	37	and	and	CCONJ
fbem-448	3	38	publish	publish	VERB
fbem-448	3	39	research	research	NOUN
fbem-448	3	40	through	through	ADP
fbem-448	3	41	published	publish	VERB
fbem-448	3	42	research	research	NOUN
fbem-448	3	43	.	.	PUNCT
fbem-448	4	1	analytical	analytical	ADJ
fbem-448	4	2	reports	report	NOUN
fbem-448	4	3	assist	assist	VERB
fbem-448	4	4	investors	investor	NOUN
fbem-448	4	5	in	in	ADP
fbem-448	4	6	making	make	VERB
fbem-448	4	7	decisions	decision	NOUN
fbem-448	4	8	.	.	PUNCT
fbem-448	5	1	in	in	ADP
fbem-448	5	2	recent	recent	ADJ
fbem-448	5	3	years	year	NOUN
fbem-448	5	4	,	,	PUNCT
fbem-448	5	5	there	there	PRON
fbem-448	5	6	have	have	AUX
fbem-448	5	7	been	be	AUX
fbem-448	5	8	numerous	numerous	ADJ
fbem-448	5	9	cases	case	NOUN
fbem-448	5	10	of	of	ADP
fbem-448	5	11	fraudulent	fraudulent	ADJ
fbem-448	5	12	research	research	NOUN
fbem-448	5	13	report	report	NOUN
fbem-448	5	14	information	information	NOUN
fbem-448	5	15	in	in	ADP
fbem-448	5	16	my	my	PRON
fbem-448	5	17	country	country	NOUN
fbem-448	5	18	.	.	PUNCT
fbem-448	6	1	the	the	DET
fbem-448	6	2	quality	quality	NOUN
fbem-448	6	3	of	of	ADP
fbem-448	6	4	research	research	NOUN
fbem-448	6	5	report	report	NOUN
fbem-448	6	6	information	information	NOUN
fbem-448	6	7	has	have	AUX
fbem-448	6	8	been	be	AUX
fbem-448	6	9	criticized	criticize	VERB
fbem-448	6	10	,	,	PUNCT
fbem-448	6	11	and	and	CCONJ
fbem-448	6	12	domestic	domestic	ADJ
fbem-448	6	13	analysts	analyst	NOUN
fbem-448	6	14	have	have	AUX
fbem-448	6	15	also	also	ADV
fbem-448	6	16	become	become	VERB
fbem-448	6	17	the	the	DET
fbem-448	6	18	target	target	NOUN
fbem-448	6	19	of	of	ADP
fbem-448	6	20	criticism	criticism	NOUN
fbem-448	6	21	.	.	PUNCT
fbem-448	7	1	they	they	PRON
fbem-448	7	2	are	be	AUX
fbem-448	7	3	facing	face	VERB
fbem-448	7	4	an	an	DET
fbem-448	7	5	unprecedented	unprecedented	ADJ
fbem-448	7	6	crisis	crisis	NOUN
fbem-448	7	7	of	of	ADP
fbem-448	7	8	trust	trust	NOUN
fbem-448	7	9	.	.	PUNCT
fbem-448	8	1	therefore	therefore	ADV
fbem-448	8	2	,	,	PUNCT
fbem-448	8	3	how	how	SCONJ
fbem-448	8	4	to	to	PART
fbem-448	8	5	improve	improve	VERB
fbem-448	8	6	the	the	DET
fbem-448	8	7	accuracy	accuracy	NOUN
fbem-448	8	8	of	of	ADP
fbem-448	8	9	analysts	analyst	NOUN
fbem-448	8	10	'	'	PART
fbem-448	8	11	forecasts	forecast	NOUN
fbem-448	8	12	has	have	AUX
fbem-448	8	13	become	become	VERB
fbem-448	8	14	an	an	DET
fbem-448	8	15	urgent	urgent	ADJ
fbem-448	8	16	problem	problem	NOUN
fbem-448	8	17	at	at	ADP
fbem-448	8	18	present	present	NOUN
fbem-448	8	19	.	.	PUNCT
fbem-448	9	1	the	the	DET
fbem-448	9	2	article	article	NOUN
fbem-448	9	3	systematically	systematically	ADV
fbem-448	9	4	sorts	sort	VERB
fbem-448	9	5	out	out	ADP
fbem-448	9	6	research	research	NOUN
fbem-448	9	7	results	result	NOUN
fbem-448	9	8	at	at	ADP
fbem-448	9	9	home	home	NOUN
fbem-448	9	10	and	and	CCONJ
fbem-448	9	11	abroad	abroad	ADV
fbem-448	9	12	,	,	PUNCT
fbem-448	9	13	and	and	CCONJ
fbem-448	9	14	reviews	review	VERB
fbem-448	9	15	the	the	DET
fbem-448	9	16	literature	literature	NOUN
fbem-448	9	17	from	from	ADP
fbem-448	9	18	three	three	NUM
fbem-448	9	19	aspects	aspect	NOUN
fbem-448	9	20	:	:	PUNCT
fbem-448	9	21	the	the	DET
fbem-448	9	22	role	role	NOUN
fbem-448	9	23	of	of	ADP
fbem-448	9	24	analyst	analyst	NOUN
fbem-448	9	25	forecasts	forecast	NOUN
fbem-448	9	26	,	,	PUNCT
fbem-448	9	27	influencing	influence	VERB
fbem-448	9	28	factors	factor	NOUN
fbem-448	9	29	and	and	CCONJ
fbem-448	9	30	economic	economic	ADJ
fbem-448	9	31	consequences	consequence	NOUN
fbem-448	9	32	,	,	PUNCT
fbem-448	9	33	which	which	PRON
fbem-448	9	34	has	have	VERB
fbem-448	9	35	important	important	ADJ
fbem-448	9	36	practical	practical	ADJ
fbem-448	9	37	significance	significance	NOUN
fbem-448	9	38	for	for	ADP
fbem-448	9	39	stabilizing	stabilize	VERB
fbem-448	9	40	the	the	DET
fbem-448	9	41	market	market	NOUN
fbem-448	9	42	economic	economic	ADJ
fbem-448	9	43	order	order	NOUN
fbem-448	9	44	and	and	CCONJ
fbem-448	9	45	improving	improve	VERB
fbem-448	9	46	the	the	DET
fbem-448	9	47	efficiency	efficiency	NOUN
fbem-448	9	48	of	of	ADP
fbem-448	9	49	resource	resource	NOUN
fbem-448	9	50	allocation	allocation	NOUN
fbem-448	9	51	.	.	PUNCT
fbem-448	10	1	keywords	keyword	NOUN
fbem-448	10	2	:	:	PUNCT
fbem-448	10	3	analyst	analyst	NOUN
fbem-448	10	4	forecast	forecast	NOUN
fbem-448	10	5	;	;	PUNCT
fbem-448	10	6	influencing	influence	VERB
fbem-448	10	7	factors	factor	NOUN
fbem-448	10	8	;	;	PUNCT
fbem-448	10	9	economic	economic	ADJ
fbem-448	10	10	consequences	consequence	NOUN
fbem-448	10	11	.	.	PUNCT
fbem-448	11	1	1	1	X
fbem-448	11	2	.	.	X
fbem-448	11	3	introduction	introduction	NOUN
fbem-448	11	4	analysts	analyst	NOUN
fbem-448	11	5	,	,	PUNCT
fbem-448	11	6	as	as	SCONJ
fbem-448	11	7	market	market	NOUN
fbem-448	11	8	information	information	NOUN
fbem-448	11	9	transmitters	transmitter	NOUN
fbem-448	11	10	,	,	PUNCT
fbem-448	11	11	process	process	NOUN
fbem-448	11	12	information	information	NOUN
fbem-448	11	13	according	accord	VERB
fbem-448	11	14	to	to	ADP
fbem-448	11	15	their	their	PRON
fbem-448	11	16	professional	professional	ADJ
fbem-448	11	17	knowledge	knowledge	NOUN
fbem-448	11	18	and	and	CCONJ
fbem-448	11	19	industry	industry	NOUN
fbem-448	11	20	experience	experience	NOUN
fbem-448	11	21	,	,	PUNCT
fbem-448	11	22	forecast	forecast	VERB
fbem-448	11	23	the	the	DET
fbem-448	11	24	company	company	NOUN
fbem-448	11	25	's	's	PART
fbem-448	11	26	earnings	earning	NOUN
fbem-448	11	27	based	base	VERB
fbem-448	11	28	on	on	ADP
fbem-448	11	29	this	this	PRON
fbem-448	11	30	,	,	PUNCT
fbem-448	11	31	and	and	CCONJ
fbem-448	11	32	finally	finally	ADV
fbem-448	11	33	provide	provide	VERB
fbem-448	11	34	investors	investor	NOUN
fbem-448	11	35	with	with	ADP
fbem-448	11	36	corporate	corporate	ADJ
fbem-448	11	37	earnings	earning	NOUN
fbem-448	11	38	forecast	forecast	NOUN
fbem-448	11	39	reports	report	NOUN
fbem-448	11	40	for	for	SCONJ
fbem-448	11	41	investors	investor	NOUN
fbem-448	11	42	to	to	PART
fbem-448	11	43	make	make	VERB
fbem-448	11	44	investment	investment	NOUN
fbem-448	11	45	decisions	decision	NOUN
fbem-448	11	46	.	.	PUNCT
fbem-448	12	1	therefore	therefore	ADV
fbem-448	12	2	,	,	PUNCT
fbem-448	12	3	investors	investor	NOUN
fbem-448	12	4	will	will	AUX
fbem-448	12	5	focus	focus	VERB
fbem-448	12	6	on	on	ADP
fbem-448	12	7	the	the	DET
fbem-448	12	8	research	research	NOUN
fbem-448	12	9	reports	report	NOUN
fbem-448	12	10	of	of	ADP
fbem-448	12	11	analysts	analyst	NOUN
fbem-448	12	12	'	'	PART
fbem-448	12	13	forecasts	forecast	NOUN
fbem-448	12	14	,	,	PUNCT
fbem-448	12	15	and	and	CCONJ
fbem-448	12	16	the	the	DET
fbem-448	12	17	research	research	NOUN
fbem-448	12	18	on	on	ADP
fbem-448	12	19	earnings	earning	NOUN
fbem-448	12	20	forecasts	forecast	NOUN
fbem-448	12	21	of	of	ADP
fbem-448	12	22	securities	security	NOUN
fbem-448	12	23	analysts	analyst	NOUN
fbem-448	12	24	has	have	AUX
fbem-448	12	25	always	always	ADV
fbem-448	12	26	been	be	AUX
fbem-448	12	27	a	a	DET
fbem-448	12	28	hot	hot	ADJ
fbem-448	12	29	topic	topic	NOUN
fbem-448	12	30	in	in	ADP
fbem-448	12	31	academic	academic	ADJ
fbem-448	12	32	discussions	discussion	NOUN
fbem-448	12	33	.	.	PUNCT
fbem-448	13	1	this	this	DET
fbem-448	13	2	paper	paper	NOUN
fbem-448	13	3	explores	explore	VERB
fbem-448	13	4	its	its	PRON
fbem-448	13	5	impact	impact	NOUN
fbem-448	13	6	on	on	ADP
fbem-448	13	7	analysts	analyst	NOUN
fbem-448	13	8	'	'	PART
fbem-448	13	9	forecasts	forecast	NOUN
fbem-448	13	10	from	from	ADP
fbem-448	13	11	the	the	DET
fbem-448	13	12	perspective	perspective	NOUN
fbem-448	13	13	of	of	ADP
fbem-448	13	14	company	company	NOUN
fbem-448	13	15	characteristics	characteristic	NOUN
fbem-448	13	16	and	and	CCONJ
fbem-448	13	17	analysts	analyst	NOUN
fbem-448	13	18	'	'	PART
fbem-448	13	19	own	own	ADJ
fbem-448	13	20	characteristics	characteristic	NOUN
fbem-448	13	21	.	.	PUNCT
fbem-448	14	1	at	at	ADP
fbem-448	14	2	the	the	DET
fbem-448	14	3	same	same	ADJ
fbem-448	14	4	time	time	NOUN
fbem-448	14	5	,	,	PUNCT
fbem-448	14	6	it	it	PRON
fbem-448	14	7	studies	study	VERB
fbem-448	14	8	the	the	DET
fbem-448	14	9	economic	economic	ADJ
fbem-448	14	10	consequences	consequence	NOUN
fbem-448	14	11	of	of	ADP
fbem-448	14	12	analysts	analyst	NOUN
fbem-448	14	13	'	'	PART
fbem-448	14	14	forecasts	forecast	NOUN
fbem-448	14	15	from	from	ADP
fbem-448	14	16	the	the	DET
fbem-448	14	17	aspects	aspect	NOUN
fbem-448	14	18	of	of	ADP
fbem-448	14	19	earnings	earning	NOUN
fbem-448	14	20	management	management	NOUN
fbem-448	14	21	,	,	PUNCT
fbem-448	14	22	stock	stock	NOUN
fbem-448	14	23	price	price	NOUN
fbem-448	14	24	collapse	collapse	NOUN
fbem-448	14	25	,	,	PUNCT
fbem-448	14	26	and	and	CCONJ
fbem-448	14	27	capital	capital	NOUN
fbem-448	14	28	market	market	NOUN
fbem-448	14	29	efficiency	efficiency	NOUN
fbem-448	14	30	,	,	PUNCT
fbem-448	14	31	which	which	PRON
fbem-448	14	32	is	be	AUX
fbem-448	14	33	conducive	conducive	ADJ
fbem-448	14	34	to	to	ADP
fbem-448	14	35	promoting	promote	VERB
fbem-448	14	36	the	the	DET
fbem-448	14	37	health	health	NOUN
fbem-448	14	38	and	and	CCONJ
fbem-448	14	39	stability	stability	NOUN
fbem-448	14	40	of	of	ADP
fbem-448	14	41	the	the	DET
fbem-448	14	42	national	national	ADJ
fbem-448	14	43	economy	economy	NOUN
fbem-448	14	44	.	.	PUNCT
fbem-448	15	1	long	long	ADJ
fbem-448	15	2	-	-	PUNCT
fbem-448	15	3	term	term	NOUN
fbem-448	15	4	stability	stability	NOUN
fbem-448	15	5	of	of	ADP
fbem-448	15	6	operation	operation	NOUN
fbem-448	15	7	and	and	CCONJ
fbem-448	15	8	society	society	NOUN
fbem-448	15	9	.	.	PUNCT
fbem-448	16	1	2	2	X
fbem-448	16	2	.	.	X
fbem-448	16	3	research	research	NOUN
fbem-448	16	4	on	on	ADP
fbem-448	16	5	the	the	DET
fbem-448	16	6	role	role	NOUN
fbem-448	16	7	of	of	ADP
fbem-448	16	8	analyst	analyst	NOUN
fbem-448	16	9	forecasting	forecasting	NOUN
fbem-448	16	10	with	with	ADP
fbem-448	16	11	the	the	DET
fbem-448	16	12	continuous	continuous	ADJ
fbem-448	16	13	improvement	improvement	NOUN
fbem-448	16	14	and	and	CCONJ
fbem-448	16	15	development	development	NOUN
fbem-448	16	16	of	of	ADP
fbem-448	16	17	the	the	DET
fbem-448	16	18	capital	capital	NOUN
fbem-448	16	19	market	market	NOUN
fbem-448	16	20	,	,	PUNCT
fbem-448	16	21	securities	security	NOUN
fbem-448	16	22	analysts	analyst	NOUN
fbem-448	16	23	play	play	VERB
fbem-448	16	24	an	an	DET
fbem-448	16	25	important	important	ADJ
fbem-448	16	26	role	role	NOUN
fbem-448	16	27	as	as	ADP
fbem-448	16	28	a	a	DET
fbem-448	16	29	bridge	bridge	NOUN
fbem-448	16	30	of	of	ADP
fbem-448	16	31	information	information	NOUN
fbem-448	16	32	transmission	transmission	NOUN
fbem-448	16	33	.	.	PUNCT
fbem-448	17	1	they	they	PRON
fbem-448	17	2	are	be	AUX
fbem-448	17	3	not	not	PART
fbem-448	17	4	only	only	ADV
fbem-448	17	5	transmitters	transmitter	NOUN
fbem-448	17	6	of	of	ADP
fbem-448	17	7	information	information	NOUN
fbem-448	17	8	but	but	CCONJ
fbem-448	17	9	also	also	ADV
fbem-448	17	10	users	user	NOUN
fbem-448	17	11	of	of	ADP
fbem-448	17	12	information	information	NOUN
fbem-448	17	13	,	,	PUNCT
fbem-448	17	14	becoming	become	VERB
fbem-448	17	15	an	an	DET
fbem-448	17	16	indispensable	indispensable	ADJ
fbem-448	17	17	part	part	NOUN
fbem-448	17	18	of	of	ADP
fbem-448	17	19	the	the	DET
fbem-448	17	20	capital	capital	NOUN
fbem-448	17	21	market	market	NOUN
fbem-448	17	22	.	.	PUNCT
fbem-448	18	1	the	the	DET
fbem-448	18	2	academic	academic	ADJ
fbem-448	18	3	research	research	NOUN
fbem-448	18	4	on	on	ADP
fbem-448	18	5	securities	security	NOUN
fbem-448	18	6	analysts	analyst	NOUN
fbem-448	18	7	believes	believe	VERB
fbem-448	18	8	that	that	SCONJ
fbem-448	18	9	they	they	PRON
fbem-448	18	10	not	not	PART
fbem-448	18	11	only	only	ADV
fbem-448	18	12	play	play	VERB
fbem-448	18	13	the	the	DET
fbem-448	18	14	role	role	NOUN
fbem-448	18	15	of	of	ADP
fbem-448	18	16	information	information	NOUN
fbem-448	18	17	intermediaries	intermediary	NOUN
fbem-448	18	18	,	,	PUNCT
fbem-448	18	19	but	but	CCONJ
fbem-448	18	20	also	also	ADV
fbem-448	18	21	have	have	VERB
fbem-448	18	22	an	an	DET
fbem-448	18	23	impact	impact	NOUN
fbem-448	18	24	on	on	ADP
fbem-448	18	25	corporate	corporate	ADJ
fbem-448	18	26	governance	governance	NOUN
fbem-448	18	27	.	.	PUNCT
fbem-448	19	1	securities	security	NOUN
fbem-448	19	2	analysts	analyst	NOUN
fbem-448	19	3	have	have	VERB
fbem-448	19	4	a	a	DET
fbem-448	19	5	significant	significant	ADJ
fbem-448	19	6	influence	influence	NOUN
fbem-448	19	7	in	in	ADP
fbem-448	19	8	the	the	DET
fbem-448	19	9	capital	capital	NOUN
fbem-448	19	10	market	market	NOUN
fbem-448	19	11	.	.	PUNCT
fbem-448	20	1	they	they	PRON
fbem-448	20	2	collect	collect	VERB
fbem-448	20	3	corporate	corporate	ADJ
fbem-448	20	4	information	information	NOUN
fbem-448	20	5	through	through	ADP
fbem-448	20	6	various	various	ADJ
fbem-448	20	7	channels	channel	NOUN
fbem-448	20	8	,	,	PUNCT
fbem-448	20	9	alleviate	alleviate	VERB
fbem-448	20	10	the	the	DET
fbem-448	20	11	information	information	NOUN
fbem-448	20	12	asymmetry	asymmetry	NOUN
fbem-448	20	13	in	in	ADP
fbem-448	20	14	the	the	DET
fbem-448	20	15	capital	capital	NOUN
fbem-448	20	16	market	market	NOUN
fbem-448	20	17	,	,	PUNCT
fbem-448	20	18	promote	promote	VERB
fbem-448	20	19	the	the	DET
fbem-448	20	20	circulation	circulation	NOUN
fbem-448	20	21	of	of	ADP
fbem-448	20	22	market	market	NOUN
fbem-448	20	23	information	information	NOUN
fbem-448	20	24	,	,	PUNCT
fbem-448	20	25	and	and	CCONJ
fbem-448	20	26	ensure	ensure	VERB
fbem-448	20	27	the	the	DET
fbem-448	20	28	effective	effective	ADJ
fbem-448	20	29	allocation	allocation	NOUN
fbem-448	20	30	of	of	ADP
fbem-448	20	31	resources	resource	NOUN
fbem-448	20	32	.	.	PUNCT
fbem-448	21	1	foreign	foreign	ADJ
fbem-448	21	2	scholars	scholar	NOUN
fbem-448	21	3	have	have	AUX
fbem-448	21	4	studied	study	VERB
fbem-448	21	5	the	the	DET
fbem-448	21	6	mediating	mediate	VERB
fbem-448	21	7	role	role	NOUN
fbem-448	21	8	of	of	ADP
fbem-448	21	9	analysts	analyst	NOUN
fbem-448	21	10	.	.	PUNCT
fbem-448	22	1	defond	defond	VERB
fbem-448	22	2	and	and	CCONJ
fbem-448	22	3	hung	hung	PROPN
fbem-448	22	4	(	(	PUNCT
fbem-448	22	5	2001	2001	NUM
fbem-448	22	6	)	)	PUNCT
fbem-448	22	7	found	find	VERB
fbem-448	22	8	that	that	SCONJ
fbem-448	22	9	in	in	ADP
fbem-448	22	10	countries	country	NOUN
fbem-448	22	11	with	with	ADP
fbem-448	22	12	low	low	ADJ
fbem-448	22	13	transparency	transparency	NOUN
fbem-448	22	14	of	of	ADP
fbem-448	22	15	capital	capital	NOUN
fbem-448	22	16	market	market	NOUN
fbem-448	22	17	information	information	NOUN
fbem-448	22	18	and	and	CCONJ
fbem-448	22	19	imperfect	imperfect	ADJ
fbem-448	22	20	investor	investor	NOUN
fbem-448	22	21	protection	protection	NOUN
fbem-448	22	22	mechanism	mechanism	NOUN
fbem-448	22	23	,	,	PUNCT
fbem-448	22	24	securities	security	NOUN
fbem-448	22	25	analysts	analyst	NOUN
fbem-448	22	26	are	be	AUX
fbem-448	22	27	more	more	ADV
fbem-448	22	28	favored	favor	VERB
fbem-448	22	29	by	by	ADP
fbem-448	22	30	investors	investor	NOUN
fbem-448	22	31	as	as	ADP
fbem-448	22	32	a	a	DET
fbem-448	22	33	bridge	bridge	NOUN
fbem-448	22	34	of	of	ADP
fbem-448	22	35	information	information	NOUN
fbem-448	22	36	transmission	transmission	NOUN
fbem-448	22	37	.	.	PUNCT
fbem-448	23	1	to	to	ADP
fbem-448	23	2	some	some	DET
fbem-448	23	3	extent	extent	NOUN
fbem-448	23	4	,	,	PUNCT
fbem-448	23	5	analyst	analyst	NOUN
fbem-448	23	6	forecasts	forecast	NOUN
fbem-448	23	7	play	play	VERB
fbem-448	23	8	a	a	DET
fbem-448	23	9	surrogate	surrogate	ADJ
fbem-448	23	10	role	role	NOUN
fbem-448	23	11	for	for	ADP
fbem-448	23	12	investor	investor	NOUN
fbem-448	23	13	protection	protection	NOUN
fbem-448	23	14	at	at	ADP
fbem-448	23	15	the	the	DET
fbem-448	23	16	macro	macro	ADJ
fbem-448	23	17	level	level	NOUN
fbem-448	23	18	.	.	PUNCT
fbem-448	24	1	roulstone	roulstone	NOUN
fbem-448	24	2	(	(	PUNCT
fbem-448	24	3	2004	2004	NUM
fbem-448	24	4	)	)	PUNCT
fbem-448	24	5	research	research	NOUN
fbem-448	24	6	shows	show	VERB
fbem-448	24	7	that	that	SCONJ
fbem-448	24	8	securities	security	NOUN
fbem-448	24	9	analysts	analyst	NOUN
fbem-448	24	10	,	,	PUNCT
fbem-448	24	11	as	as	ADP
fbem-448	24	12	information	information	NOUN
fbem-448	24	13	intermediaries	intermediary	NOUN
fbem-448	24	14	in	in	ADP
fbem-448	24	15	the	the	DET
fbem-448	24	16	capital	capital	NOUN
fbem-448	24	17	market	market	NOUN
fbem-448	24	18	,	,	PUNCT
fbem-448	24	19	can	can	AUX
fbem-448	24	20	mine	mine	VERB
fbem-448	24	21	and	and	CCONJ
fbem-448	24	22	transmit	transmit	VERB
fbem-448	24	23	effective	effective	ADJ
fbem-448	24	24	information	information	NOUN
fbem-448	24	25	and	and	CCONJ
fbem-448	24	26	improve	improve	VERB
fbem-448	24	27	the	the	DET
fbem-448	24	28	efficiency	efficiency	NOUN
fbem-448	24	29	of	of	ADP
fbem-448	24	30	information	information	NOUN
fbem-448	24	31	use	use	NOUN
fbem-448	24	32	.	.	PUNCT
fbem-448	25	1	securities	security	NOUN
fbem-448	25	2	analysts	analyst	NOUN
fbem-448	25	3	use	use	VERB
fbem-448	25	4	their	their	PRON
fbem-448	25	5	professional	professional	ADJ
fbem-448	25	6	abilities	ability	NOUN
fbem-448	25	7	to	to	PART
fbem-448	25	8	process	process	VERB
fbem-448	25	9	information	information	NOUN
fbem-448	25	10	obtained	obtain	VERB
fbem-448	25	11	from	from	ADP
fbem-448	25	12	various	various	ADJ
fbem-448	25	13	channels	channel	NOUN
fbem-448	25	14	,	,	PUNCT
fbem-448	25	15	analyze	analyze	VERB
fbem-448	25	16	and	and	CCONJ
fbem-448	25	17	judge	judge	VERB
fbem-448	25	18	the	the	DET
fbem-448	25	19	effectiveness	effectiveness	NOUN
fbem-448	25	20	of	of	ADP
fbem-448	25	21	information	information	NOUN
fbem-448	25	22	,	,	PUNCT
fbem-448	25	23	make	make	VERB
fbem-448	25	24	earnings	earning	NOUN
fbem-448	25	25	forecasts	forecast	NOUN
fbem-448	25	26	for	for	ADP
fbem-448	25	27	companies	company	NOUN
fbem-448	25	28	,	,	PUNCT
fbem-448	25	29	and	and	CCONJ
fbem-448	25	30	recommend	recommend	VERB
fbem-448	25	31	stocks	stock	NOUN
fbem-448	25	32	according	accord	VERB
fbem-448	25	33	to	to	ADP
fbem-448	25	34	market	market	NOUN
fbem-448	25	35	information	information	NOUN
fbem-448	25	36	,	,	PUNCT
fbem-448	25	37	so	so	SCONJ
fbem-448	25	38	that	that	SCONJ
fbem-448	25	39	more	more	ADJ
fbem-448	25	40	information	information	NOUN
fbem-448	25	41	can	can	AUX
fbem-448	25	42	be	be	AUX
fbem-448	25	43	transmitted	transmit	VERB
fbem-448	25	44	to	to	ADP
fbem-448	25	45	the	the	DET
fbem-448	25	46	capital	capital	NOUN
fbem-448	25	47	market	market	NOUN
fbem-448	25	48	,	,	PUNCT
fbem-448	25	49	alleviate	alleviate	VERB
fbem-448	25	50	the	the	DET
fbem-448	25	51	information	information	NOUN
fbem-448	25	52	asymmetry	asymmetry	NOUN
fbem-448	25	53	among	among	ADP
fbem-448	25	54	stakeholders	stakeholder	NOUN
fbem-448	25	55	and	and	CCONJ
fbem-448	25	56	promote	promote	VERB
fbem-448	25	57	the	the	DET
fbem-448	25	58	healthy	healthy	ADJ
fbem-448	25	59	and	and	CCONJ
fbem-448	25	60	orderly	orderly	ADJ
fbem-448	25	61	development	development	NOUN
fbem-448	25	62	of	of	ADP
fbem-448	25	63	the	the	DET
fbem-448	25	64	capital	capital	NOUN
fbem-448	25	65	market	market	NOUN
fbem-448	25	66	(	(	PUNCT
fbem-448	25	67	chava	chava	PROPN
fbem-448	25	68	et	et	PROPN
fbem-448	25	69	al	al	PROPN
fbem-448	25	70	.	.	PROPN
fbem-448	25	71	,	,	PUNCT
fbem-448	25	72	2010	2010	NUM
fbem-448	25	73	)	)	PUNCT
fbem-448	25	74	.	.	PUNCT
fbem-448	26	1	the	the	DET
fbem-448	26	2	ability	ability	NOUN
fbem-448	26	3	of	of	ADP
fbem-448	26	4	securities	security	NOUN
fbem-448	26	5	analysts	analyst	NOUN
fbem-448	26	6	in	in	ADP
fbem-448	26	7	my	my	PRON
fbem-448	26	8	country	country	NOUN
fbem-448	26	9	to	to	PART
fbem-448	26	10	use	use	VERB
fbem-448	26	11	annual	annual	ADJ
fbem-448	26	12	report	report	NOUN
fbem-448	26	13	information	information	NOUN
fbem-448	26	14	is	be	AUX
fbem-448	26	15	improving	improve	VERB
fbem-448	26	16	(	(	PUNCT
fbem-448	26	17	hu	hu	PROPN
fbem-448	26	18	yiming	yiming	PROPN
fbem-448	26	19	et	et	PROPN
fbem-448	26	20	al	al	PROPN
fbem-448	26	21	.	.	PROPN
fbem-448	26	22	,	,	PUNCT
fbem-448	26	23	2003	2003	NUM
fbem-448	26	24	)	)	PUNCT
fbem-448	26	25	,	,	PUNCT
fbem-448	26	26	zhu	zhu	PROPN
fbem-448	26	27	hongjun	hongjun	PROPN
fbem-448	26	28	et	et	PROPN
fbem-448	26	29	al	al	PROPN
fbem-448	26	30	.	.	PUNCT
fbem-448	27	1	(	(	PUNCT
fbem-448	27	2	2007	2007	NUM
fbem-448	27	3	)	)	PUNCT
fbem-448	27	4	research	research	NOUN
fbem-448	27	5	shows	show	VERB
fbem-448	27	6	that	that	SCONJ
fbem-448	27	7	analysts	analyst	NOUN
fbem-448	27	8	can	can	AUX
fbem-448	27	9	improve	improve	VERB
fbem-448	27	10	the	the	DET
fbem-448	27	11	operation	operation	NOUN
fbem-448	27	12	efficiency	efficiency	NOUN
fbem-448	27	13	of	of	ADP
fbem-448	27	14	the	the	DET
fbem-448	27	15	securities	security	NOUN
fbem-448	27	16	market	market	NOUN
fbem-448	27	17	and	and	CCONJ
fbem-448	27	18	ensure	ensure	VERB
fbem-448	27	19	the	the	DET
fbem-448	27	20	best	good	ADJ
fbem-448	27	21	allocation	allocation	NOUN
fbem-448	27	22	of	of	ADP
fbem-448	27	23	resources	resource	NOUN
fbem-448	27	24	.	.	PUNCT
fbem-448	28	1	in	in	ADP
fbem-448	28	2	addition	addition	NOUN
fbem-448	28	3	,	,	PUNCT
fbem-448	28	4	analyst	analyst	NOUN
fbem-448	28	5	forecasts	forecast	NOUN
fbem-448	28	6	,	,	PUNCT
fbem-448	28	7	as	as	ADP
fbem-448	28	8	an	an	DET
fbem-448	28	9	external	external	ADJ
fbem-448	28	10	governance	governance	NOUN
fbem-448	28	11	mechanism	mechanism	NOUN
fbem-448	28	12	,	,	PUNCT
fbem-448	28	13	also	also	ADV
fbem-448	28	14	play	play	VERB
fbem-448	28	15	an	an	DET
fbem-448	28	16	important	important	ADJ
fbem-448	28	17	role	role	NOUN
fbem-448	28	18	in	in	ADP
fbem-448	28	19	corporate	corporate	ADJ
fbem-448	28	20	governance	governance	NOUN
fbem-448	28	21	.	.	PUNCT
fbem-448	29	1	the	the	DET
fbem-448	29	2	research	research	NOUN
fbem-448	29	3	of	of	ADP
fbem-448	29	4	lang	lang	PROPN
fbem-448	29	5	(	(	PUNCT
fbem-448	29	6	2003	2003	NUM
fbem-448	29	7	)	)	PUNCT
fbem-448	29	8	shows	show	VERB
fbem-448	29	9	that	that	SCONJ
fbem-448	29	10	the	the	DET
fbem-448	29	11	management	management	NOUN
fbem-448	29	12	of	of	ADP
fbem-448	29	13	enterprises	enterprise	NOUN
fbem-448	29	14	will	will	AUX
fbem-448	29	15	also	also	ADV
fbem-448	29	16	consider	consider	VERB
fbem-448	29	17	the	the	DET
fbem-448	29	18	information	information	NOUN
fbem-448	29	19	brought	bring	VERB
fbem-448	29	20	by	by	ADP
fbem-448	29	21	analysts	analyst	NOUN
fbem-448	29	22	'	'	PART
fbem-448	29	23	forecasts	forecast	NOUN
fbem-448	29	24	when	when	SCONJ
fbem-448	29	25	making	make	VERB
fbem-448	29	26	investment	investment	NOUN
fbem-448	29	27	decisions	decision	NOUN
fbem-448	29	28	.	.	PUNCT
fbem-448	30	1	in	in	ADP
fbem-448	30	2	addition	addition	NOUN
fbem-448	30	3	,	,	PUNCT
fbem-448	30	4	the	the	DET
fbem-448	30	5	company	company	NOUN
fbem-448	30	6	's	's	PART
fbem-448	30	7	capital	capital	NOUN
fbem-448	30	8	structure	structure	NOUN
fbem-448	30	9	and	and	CCONJ
fbem-448	30	10	financing	financing	NOUN
fbem-448	30	11	scale	scale	NOUN
fbem-448	30	12	will	will	AUX
fbem-448	30	13	also	also	ADV
fbem-448	30	14	be	be	AUX
fbem-448	30	15	affected	affect	VERB
fbem-448	30	16	by	by	ADP
fbem-448	30	17	analysts	analyst	NOUN
fbem-448	30	18	'	'	PART
fbem-448	30	19	behavior	behavior	NOUN
fbem-448	30	20	,	,	PUNCT
fbem-448	30	21	and	and	CCONJ
fbem-448	30	22	analysts	analyst	NOUN
fbem-448	30	23	'	'	PART
fbem-448	30	24	forecasts	forecast	NOUN
fbem-448	30	25	have	have	VERB
fbem-448	30	26	certain	certain	ADJ
fbem-448	30	27	reference	reference	NOUN
fbem-448	30	28	value	value	NOUN
fbem-448	30	29	for	for	ADP
fbem-448	30	30	the	the	DET
fbem-448	30	31	company	company	NOUN
fbem-448	30	32	's	's	PART
fbem-448	30	33	investment	investment	NOUN
fbem-448	30	34	and	and	CCONJ
fbem-448	30	35	financing	financing	NOUN
fbem-448	30	36	decisions	decision	NOUN
fbem-448	30	37	.	.	PUNCT
fbem-448	31	1	securities	security	NOUN
fbem-448	31	2	analysts	analyst	NOUN
fbem-448	31	3	use	use	VERB
fbem-448	31	4	public	public	ADJ
fbem-448	31	5	information	information	NOUN
fbem-448	31	6	and	and	CCONJ
fbem-448	31	7	private	private	ADJ
fbem-448	31	8	information	information	NOUN
fbem-448	31	9	to	to	PART
fbem-448	31	10	predict	predict	VERB
fbem-448	31	11	listed	list	VERB
fbem-448	31	12	companies	company	NOUN
fbem-448	31	13	,	,	PUNCT
fbem-448	31	14	which	which	PRON
fbem-448	31	15	helps	help	VERB
fbem-448	31	16	to	to	PART
fbem-448	31	17	reduce	reduce	VERB
fbem-448	31	18	information	information	NOUN
fbem-448	31	19	asymmetry	asymmetry	NOUN
fbem-448	31	20	,	,	PUNCT
fbem-448	31	21	reduce	reduce	VERB
fbem-448	31	22	investors	investor	NOUN
fbem-448	31	23	'	'	PART
fbem-448	31	24	adverse	adverse	ADJ
fbem-448	31	25	selection	selection	NOUN
fbem-448	31	26	,	,	PUNCT
fbem-448	31	27	and	and	CCONJ
fbem-448	31	28	reduce	reduce	VERB
fbem-448	31	29	financing	financing	NOUN
fbem-448	31	30	costs	cost	NOUN
fbem-448	31	31	(	(	PUNCT
fbem-448	31	32	piotroski	piotroski	ADJ
fbem-448	31	33	,	,	PUNCT
fbem-448	31	34	2004	2004	NUM
fbem-448	31	35	)	)	PUNCT
fbem-448	31	36	.	.	PUNCT
fbem-448	32	1	however	however	ADV
fbem-448	32	2	,	,	PUNCT
fbem-448	32	3	liu	liu	PROPN
fbem-448	32	4	(	(	PUNCT
fbem-448	32	5	2011	2011	NUM
fbem-448	32	6	)	)	PUNCT
fbem-448	32	7	empirical	empirical	ADJ
fbem-448	32	8	research	research	NOUN
fbem-448	32	9	found	find	VERB
fbem-448	32	10	that	that	SCONJ
fbem-448	32	11	the	the	DET
fbem-448	32	12	motivation	motivation	NOUN
fbem-448	32	13	of	of	ADP
fbem-448	32	14	analysts	analyst	NOUN
fbem-448	32	15	'	'	PART
fbem-448	32	16	forecast	forecast	NOUN
fbem-448	32	17	has	have	VERB
fbem-448	32	18	a	a	DET
fbem-448	32	19	significant	significant	ADJ
fbem-448	32	20	effect	effect	NOUN
fbem-448	32	21	on	on	ADP
fbem-448	32	22	the	the	DET
fbem-448	32	23	improvement	improvement	NOUN
fbem-448	32	24	of	of	ADP
fbem-448	32	25	the	the	DET
fbem-448	32	26	company	company	NOUN
fbem-448	32	27	's	's	PART
fbem-448	32	28	performance	performance	NOUN
fbem-448	32	29	level	level	NOUN
fbem-448	32	30	.	.	PUNCT
fbem-448	33	1	zhao	zhao	PROPN
fbem-448	33	2	kangsheng	kangsheng	PROPN
fbem-448	33	3	and	and	CCONJ
fbem-448	33	4	zhao	zhao	PROPN
fbem-448	33	5	yujie	yujie	PROPN
fbem-448	33	6	(	(	PUNCT
fbem-448	33	7	2016	2016	NUM
fbem-448	33	8	)	)	PUNCT
fbem-448	33	9	studied	study	VERB
fbem-448	33	10	the	the	DET
fbem-448	33	11	impact	impact	NOUN
fbem-448	33	12	of	of	ADP
fbem-448	33	13	analyst	analyst	NOUN
fbem-448	33	14	forecasts	forecast	NOUN
fbem-448	33	15	on	on	ADP
fbem-448	33	16	corporate	corporate	ADJ
fbem-448	33	17	governance	governance	NOUN
fbem-448	33	18	from	from	ADP
fbem-448	33	19	the	the	DET
fbem-448	33	20	perspective	perspective	NOUN
fbem-448	33	21	of	of	ADP
fbem-448	33	22	investment	investment	NOUN
fbem-448	33	23	efficiency	efficiency	NOUN
fbem-448	33	24	,	,	PUNCT
fbem-448	33	25	and	and	CCONJ
fbem-448	33	26	found	find	VERB
fbem-448	33	27	that	that	SCONJ
fbem-448	33	28	analyst	analyst	NOUN
fbem-448	33	29	forecasts	forecast	NOUN
fbem-448	33	30	,	,	PUNCT
fbem-448	33	31	as	as	ADP
fbem-448	33	32	an	an	DET
fbem-448	33	33	external	external	ADJ
fbem-448	33	34	42	42	NUM
fbem-448	33	35	governance	governance	NOUN
fbem-448	33	36	mechanism	mechanism	NOUN
fbem-448	33	37	,	,	PUNCT
fbem-448	33	38	can	can	AUX
fbem-448	33	39	restrain	restrain	VERB
fbem-448	33	40	companies	company	NOUN
fbem-448	33	41	from	from	ADP
fbem-448	33	42	overinvesting	overinveste	VERB
fbem-448	33	43	,	,	PUNCT
fbem-448	33	44	alleviate	alleviate	VERB
fbem-448	33	45	under	under	ADP
fbem-448	33	46	-	-	PUNCT
fbem-448	33	47	investment	investment	NOUN
fbem-448	33	48	,	,	PUNCT
fbem-448	33	49	and	and	CCONJ
fbem-448	33	50	encourage	encourage	VERB
fbem-448	33	51	analysts	analyst	NOUN
fbem-448	33	52	to	to	PART
fbem-448	33	53	play	play	VERB
fbem-448	33	54	a	a	DET
fbem-448	33	55	better	well	ADJ
fbem-448	33	56	role	role	NOUN
fbem-448	33	57	.	.	PUNCT
fbem-448	34	1	the	the	DET
fbem-448	34	2	role	role	NOUN
fbem-448	34	3	of	of	ADP
fbem-448	34	4	corporate	corporate	ADJ
fbem-448	34	5	governance	governance	NOUN
fbem-448	34	6	to	to	PART
fbem-448	34	7	improve	improve	VERB
fbem-448	34	8	investment	investment	NOUN
fbem-448	34	9	efficiency	efficiency	NOUN
fbem-448	34	10	.	.	PUNCT
fbem-448	35	1	3	3	X
fbem-448	35	2	.	.	X
fbem-448	35	3	research	research	NOUN
fbem-448	35	4	on	on	ADP
fbem-448	35	5	factors	factor	NOUN
fbem-448	35	6	influencing	influence	VERB
fbem-448	35	7	analyst	analyst	NOUN
fbem-448	35	8	predictions	prediction	NOUN
fbem-448	35	9	domestic	domestic	ADJ
fbem-448	35	10	and	and	CCONJ
fbem-448	35	11	foreign	foreign	ADJ
fbem-448	35	12	scholars	scholar	NOUN
fbem-448	35	13	'	'	PART
fbem-448	35	14	literature	literature	NOUN
fbem-448	35	15	research	research	NOUN
fbem-448	35	16	on	on	ADP
fbem-448	35	17	analysts	analyst	NOUN
fbem-448	35	18	'	'	PART
fbem-448	35	19	forecasts	forecast	NOUN
fbem-448	35	20	includes	include	VERB
fbem-448	35	21	discussions	discussion	NOUN
fbem-448	35	22	on	on	ADP
fbem-448	35	23	company	company	NOUN
fbem-448	35	24	characteristics	characteristic	NOUN
fbem-448	35	25	and	and	CCONJ
fbem-448	35	26	analysts	analyst	NOUN
fbem-448	35	27	'	'	PART
fbem-448	35	28	own	own	ADJ
fbem-448	35	29	factors	factor	NOUN
fbem-448	35	30	.	.	PUNCT
fbem-448	36	1	based	base	VERB
fbem-448	36	2	on	on	ADP
fbem-448	36	3	the	the	DET
fbem-448	36	4	level	level	NOUN
fbem-448	36	5	of	of	ADP
fbem-448	36	6	company	company	NOUN
fbem-448	36	7	characteristics	characteristic	NOUN
fbem-448	36	8	,	,	PUNCT
fbem-448	36	9	o'brien	o'brien	PROPN
fbem-448	36	10	and	and	CCONJ
fbem-448	36	11	bhushan	bhushan	PROPN
fbem-448	36	12	(	(	PUNCT
fbem-448	36	13	1990	1990	NUM
fbem-448	36	14	)	)	PUNCT
fbem-448	36	15	found	find	VERB
fbem-448	36	16	that	that	SCONJ
fbem-448	36	17	the	the	DET
fbem-448	36	18	company	company	NOUN
fbem-448	36	19	's	's	PART
fbem-448	36	20	high	high	ADJ
fbem-448	36	21	standards	standard	NOUN
fbem-448	36	22	and	and	CCONJ
fbem-448	36	23	strict	strict	ADJ
fbem-448	36	24	requirements	requirement	NOUN
fbem-448	36	25	for	for	ADP
fbem-448	36	26	information	information	NOUN
fbem-448	36	27	disclosure	disclosure	NOUN
fbem-448	36	28	will	will	AUX
fbem-448	36	29	lead	lead	VERB
fbem-448	36	30	to	to	ADP
fbem-448	36	31	more	more	ADJ
fbem-448	36	32	analysts	analyst	NOUN
fbem-448	36	33	making	make	VERB
fbem-448	36	34	forecasts	forecast	NOUN
fbem-448	36	35	.	.	PUNCT
fbem-448	37	1	dowen	dowen	PROPN
fbem-448	37	2	's	's	PART
fbem-448	37	3	(	(	PUNCT
fbem-448	37	4	1996	1996	NUM
fbem-448	37	5	)	)	PUNCT
fbem-448	37	6	study	study	NOUN
fbem-448	37	7	believes	believe	VERB
fbem-448	37	8	that	that	SCONJ
fbem-448	37	9	companies	company	NOUN
fbem-448	37	10	with	with	ADP
fbem-448	37	11	operating	operating	NOUN
fbem-448	37	12	losses	loss	NOUN
fbem-448	37	13	and	and	CCONJ
fbem-448	37	14	future	future	ADJ
fbem-448	37	15	development	development	NOUN
fbem-448	37	16	space	space	NOUN
fbem-448	37	17	are	be	AUX
fbem-448	37	18	less	less	ADV
fbem-448	37	19	likely	likely	ADJ
fbem-448	37	20	to	to	PART
fbem-448	37	21	make	make	VERB
fbem-448	37	22	predictions	prediction	NOUN
fbem-448	37	23	more	more	ADV
fbem-448	37	24	difficult	difficult	ADJ
fbem-448	37	25	,	,	PUNCT
fbem-448	37	26	which	which	PRON
fbem-448	37	27	is	be	AUX
fbem-448	37	28	not	not	PART
fbem-448	37	29	conducive	conducive	ADJ
fbem-448	37	30	to	to	ADP
fbem-448	37	31	analysts	analyst	NOUN
fbem-448	37	32	'	'	PART
fbem-448	37	33	accurate	accurate	ADJ
fbem-448	37	34	predictions	prediction	NOUN
fbem-448	37	35	.	.	PUNCT
fbem-448	38	1	the	the	DET
fbem-448	38	2	research	research	NOUN
fbem-448	38	3	of	of	ADP
fbem-448	38	4	ackert	ackert	PROPN
fbem-448	38	5	(	(	PUNCT
fbem-448	38	6	1997	1997	NUM
fbem-448	38	7	)	)	PUNCT
fbem-448	38	8	and	and	CCONJ
fbem-448	38	9	barron	barron	PROPN
fbem-448	38	10	(	(	PUNCT
fbem-448	38	11	1998	1998	NUM
fbem-448	38	12	)	)	PUNCT
fbem-448	38	13	shows	show	VERB
fbem-448	38	14	that	that	SCONJ
fbem-448	38	15	the	the	DET
fbem-448	38	16	more	more	ADV
fbem-448	38	17	uncertain	uncertain	ADJ
fbem-448	38	18	factors	factor	NOUN
fbem-448	38	19	in	in	ADP
fbem-448	38	20	the	the	DET
fbem-448	38	21	company	company	NOUN
fbem-448	38	22	's	's	PART
fbem-448	38	23	operation	operation	NOUN
fbem-448	38	24	and	and	CCONJ
fbem-448	38	25	the	the	DET
fbem-448	38	26	less	less	ADV
fbem-448	38	27	predictable	predictable	ADJ
fbem-448	38	28	it	it	PRON
fbem-448	38	29	is	be	AUX
fbem-448	38	30	,	,	PUNCT
fbem-448	38	31	the	the	PRON
fbem-448	38	32	easier	easy	ADJ
fbem-448	38	33	it	it	PRON
fbem-448	38	34	is	be	AUX
fbem-448	38	35	for	for	SCONJ
fbem-448	38	36	security	security	NOUN
fbem-448	38	37	analysts	analyst	NOUN
fbem-448	38	38	to	to	PART
fbem-448	38	39	have	have	VERB
fbem-448	38	40	disagreements	disagreement	NOUN
fbem-448	38	41	and	and	CCONJ
fbem-448	38	42	it	it	PRON
fbem-448	38	43	is	be	AUX
fbem-448	38	44	difficult	difficult	ADJ
fbem-448	38	45	to	to	PART
fbem-448	38	46	reach	reach	VERB
fbem-448	38	47	a	a	DET
fbem-448	38	48	unified	unified	ADJ
fbem-448	38	49	opinion	opinion	NOUN
fbem-448	38	50	.	.	PUNCT
fbem-448	39	1	some	some	DET
fbem-448	39	2	scholars	scholar	NOUN
fbem-448	39	3	believe	believe	VERB
fbem-448	39	4	that	that	SCONJ
fbem-448	39	5	the	the	DET
fbem-448	39	6	information	information	NOUN
fbem-448	39	7	quality	quality	NOUN
fbem-448	39	8	rating	rating	NOUN
fbem-448	39	9	will	will	AUX
fbem-448	39	10	also	also	ADV
fbem-448	39	11	affect	affect	VERB
fbem-448	39	12	the	the	DET
fbem-448	39	13	analyst	analyst	NOUN
fbem-448	39	14	followup	followup	NOUN
fbem-448	39	15	,	,	PUNCT
fbem-448	39	16	that	that	ADV
fbem-448	39	17	is	is	ADV
fbem-448	39	18	,	,	PUNCT
fbem-448	39	19	the	the	PRON
fbem-448	39	20	higher	high	ADJ
fbem-448	39	21	the	the	DET
fbem-448	39	22	rating	rating	NOUN
fbem-448	39	23	is	be	AUX
fbem-448	39	24	,	,	PUNCT
fbem-448	39	25	the	the	PRON
fbem-448	39	26	more	more	ADV
fbem-448	39	27	likely	likely	ADJ
fbem-448	39	28	the	the	DET
fbem-448	39	29	analyst	analyst	NOUN
fbem-448	39	30	will	will	AUX
fbem-448	39	31	follow	follow	VERB
fbem-448	39	32	up	up	ADP
fbem-448	39	33	(	(	PUNCT
fbem-448	39	34	healy	healy	NOUN
fbem-448	39	35	and	and	CCONJ
fbem-448	39	36	palepu	palepu	NOUN
fbem-448	39	37	,	,	PUNCT
fbem-448	39	38	1999	1999	NUM
fbem-448	39	39	)	)	PUNCT
fbem-448	39	40	.	.	PUNCT
fbem-448	40	1	hope	hope	NOUN
fbem-448	40	2	(	(	PUNCT
fbem-448	40	3	2003	2003	NUM
fbem-448	40	4	)	)	PUNCT
fbem-448	40	5	believes	believe	VERB
fbem-448	40	6	that	that	SCONJ
fbem-448	40	7	the	the	DET
fbem-448	40	8	size	size	NOUN
fbem-448	40	9	of	of	ADP
fbem-448	40	10	the	the	DET
fbem-448	40	11	company	company	NOUN
fbem-448	40	12	is	be	AUX
fbem-448	40	13	positively	positively	ADV
fbem-448	40	14	related	relate	VERB
fbem-448	40	15	to	to	ADP
fbem-448	40	16	the	the	DET
fbem-448	40	17	quality	quality	NOUN
fbem-448	40	18	of	of	ADP
fbem-448	40	19	analysts	analyst	NOUN
fbem-448	40	20	'	'	PART
fbem-448	40	21	forecasts	forecast	NOUN
fbem-448	40	22	,	,	PUNCT
fbem-448	40	23	because	because	SCONJ
fbem-448	40	24	large	large	ADJ
fbem-448	40	25	-	-	PUNCT
fbem-448	40	26	scale	scale	NOUN
fbem-448	40	27	companies	company	NOUN
fbem-448	40	28	have	have	VERB
fbem-448	40	29	strong	strong	ADJ
fbem-448	40	30	profitability	profitability	NOUN
fbem-448	40	31	and	and	CCONJ
fbem-448	40	32	low	low	ADJ
fbem-448	40	33	volatility	volatility	NOUN
fbem-448	40	34	and	and	CCONJ
fbem-448	40	35	high	high	ADJ
fbem-448	40	36	information	information	NOUN
fbem-448	40	37	transparency	transparency	NOUN
fbem-448	40	38	.	.	PUNCT
fbem-448	41	1	zoltan	zoltan	PROPN
fbem-448	41	2	and	and	CCONJ
fbem-448	41	3	anne	anne	PROPN
fbem-448	41	4	(	(	PUNCT
fbem-448	41	5	2014	2014	NUM
fbem-448	41	6	)	)	PUNCT
fbem-448	41	7	found	find	VERB
fbem-448	41	8	that	that	SCONJ
fbem-448	41	9	the	the	PRON
fbem-448	41	10	higher	high	ADJ
fbem-448	41	11	the	the	DET
fbem-448	41	12	operating	operating	NOUN
fbem-448	41	13	leverage	leverage	NOUN
fbem-448	41	14	,	,	PUNCT
fbem-448	41	15	the	the	PRON
fbem-448	41	16	greater	great	ADJ
fbem-448	41	17	the	the	DET
fbem-448	41	18	need	need	NOUN
fbem-448	41	19	for	for	ADP
fbem-448	41	20	external	external	ADJ
fbem-448	41	21	financing	financing	NOUN
fbem-448	41	22	,	,	PUNCT
fbem-448	41	23	thereby	thereby	ADV
fbem-448	41	24	increasing	increase	VERB
fbem-448	41	25	the	the	DET
fbem-448	41	26	risk	risk	NOUN
fbem-448	41	27	faced	face	VERB
fbem-448	41	28	by	by	ADP
fbem-448	41	29	the	the	DET
fbem-448	41	30	company	company	NOUN
fbem-448	41	31	and	and	CCONJ
fbem-448	41	32	reducing	reduce	VERB
fbem-448	41	33	the	the	DET
fbem-448	41	34	accuracy	accuracy	NOUN
fbem-448	41	35	of	of	ADP
fbem-448	41	36	analyst	analyst	NOUN
fbem-448	41	37	forecasts	forecast	NOUN
fbem-448	41	38	.	.	PUNCT
fbem-448	42	1	domestic	domestic	ADJ
fbem-448	42	2	scholar	scholar	NOUN
fbem-448	42	3	yan	yan	PROPN
fbem-448	42	4	lin	lin	PROPN
fbem-448	42	5	(	(	PUNCT
fbem-448	42	6	2016	2016	NUM
fbem-448	42	7	)	)	PUNCT
fbem-448	42	8	found	find	VERB
fbem-448	42	9	that	that	SCONJ
fbem-448	42	10	analysts	analyst	NOUN
fbem-448	42	11	will	will	AUX
fbem-448	42	12	pay	pay	VERB
fbem-448	42	13	more	more	ADJ
fbem-448	42	14	attention	attention	NOUN
fbem-448	42	15	to	to	ADP
fbem-448	42	16	the	the	DET
fbem-448	42	17	stocks	stock	NOUN
fbem-448	42	18	that	that	PRON
fbem-448	42	19	investors	investor	NOUN
fbem-448	42	20	hold	hold	VERB
fbem-448	42	21	heavily	heavily	ADV
fbem-448	42	22	and	and	CCONJ
fbem-448	42	23	make	make	VERB
fbem-448	42	24	recommendations	recommendation	NOUN
fbem-448	42	25	,	,	PUNCT
fbem-448	42	26	so	so	SCONJ
fbem-448	42	27	that	that	SCONJ
fbem-448	42	28	institutional	institutional	ADJ
fbem-448	42	29	investors	investor	NOUN
fbem-448	42	30	can	can	AUX
fbem-448	42	31	make	make	VERB
fbem-448	42	32	the	the	DET
fbem-448	42	33	best	good	ADJ
fbem-448	42	34	investment	investment	NOUN
fbem-448	42	35	decisions	decision	NOUN
fbem-448	42	36	.	.	PUNCT
fbem-448	43	1	in	in	ADP
fbem-448	43	2	addition	addition	NOUN
fbem-448	43	3	,	,	PUNCT
fbem-448	43	4	based	base	VERB
fbem-448	43	5	on	on	ADP
fbem-448	43	6	the	the	DET
fbem-448	43	7	analyst	analyst	NOUN
fbem-448	43	8	's	's	PART
fbem-448	43	9	own	own	ADJ
fbem-448	43	10	factors	factor	NOUN
fbem-448	43	11	,	,	PUNCT
fbem-448	43	12	it	it	PRON
fbem-448	43	13	will	will	AUX
fbem-448	43	14	also	also	ADV
fbem-448	43	15	affect	affect	VERB
fbem-448	43	16	the	the	DET
fbem-448	43	17	analyst	analyst	NOUN
fbem-448	43	18	's	's	PART
fbem-448	43	19	forecast	forecast	NOUN
fbem-448	43	20	.	.	PUNCT
fbem-448	44	1	emma	emma	PROPN
fbem-448	44	2	's	's	PART
fbem-448	44	3	(	(	PUNCT
fbem-448	44	4	2005	2005	NUM
fbem-448	44	5	)	)	PUNCT
fbem-448	44	6	empirical	empirical	ADJ
fbem-448	44	7	study	study	NOUN
fbem-448	44	8	shows	show	VERB
fbem-448	44	9	that	that	SCONJ
fbem-448	44	10	the	the	PRON
fbem-448	44	11	longer	long	ADJ
fbem-448	44	12	the	the	DET
fbem-448	44	13	analyst	analyst	NOUN
fbem-448	44	14	's	's	PART
fbem-448	44	15	working	working	NOUN
fbem-448	44	16	time	time	NOUN
fbem-448	44	17	and	and	CCONJ
fbem-448	44	18	the	the	DET
fbem-448	44	19	richer	rich	ADJ
fbem-448	44	20	the	the	DET
fbem-448	44	21	industry	industry	NOUN
fbem-448	44	22	experience	experience	NOUN
fbem-448	44	23	,	,	PUNCT
fbem-448	44	24	the	the	PRON
fbem-448	44	25	higher	high	ADJ
fbem-448	44	26	the	the	DET
fbem-448	44	27	accuracy	accuracy	NOUN
fbem-448	44	28	of	of	ADP
fbem-448	44	29	the	the	DET
fbem-448	44	30	forecast	forecast	NOUN
fbem-448	44	31	and	and	CCONJ
fbem-448	44	32	the	the	DET
fbem-448	44	33	smaller	small	ADJ
fbem-448	44	34	the	the	DET
fbem-448	44	35	forecast	forecast	NOUN
fbem-448	44	36	deviation	deviation	NOUN
fbem-448	44	37	.	.	PUNCT
fbem-448	45	1	it	it	PRON
fbem-448	45	2	is	be	AUX
fbem-448	45	3	worth	worth	ADJ
fbem-448	45	4	noting	note	VERB
fbem-448	45	5	that	that	SCONJ
fbem-448	45	6	compared	compare	VERB
fbem-448	45	7	with	with	ADP
fbem-448	45	8	male	male	ADJ
fbem-448	45	9	analysts	analyst	NOUN
fbem-448	45	10	,	,	PUNCT
fbem-448	45	11	female	female	ADJ
fbem-448	45	12	analysts	analyst	NOUN
fbem-448	45	13	tracked	track	VERB
fbem-448	45	14	fewer	few	ADJ
fbem-448	45	15	companies	company	NOUN
fbem-448	45	16	,	,	PUNCT
fbem-448	45	17	but	but	CCONJ
fbem-448	45	18	the	the	DET
fbem-448	45	19	accuracy	accuracy	NOUN
fbem-448	45	20	of	of	ADP
fbem-448	45	21	female	female	ADJ
fbem-448	45	22	analysts	analyst	NOUN
fbem-448	45	23	'	'	PART
fbem-448	45	24	forecasts	forecast	NOUN
fbem-448	45	25	was	be	AUX
fbem-448	45	26	high	high	ADJ
fbem-448	45	27	(	(	PUNCT
fbem-448	45	28	clifton	clifton	PROPN
fbem-448	45	29	,	,	PUNCT
fbem-448	45	30	2009	2009	NUM
fbem-448	45	31	)	)	PUNCT
fbem-448	45	32	.	.	PUNCT
fbem-448	46	1	chinese	chinese	ADJ
fbem-448	46	2	scholar	scholar	NOUN
fbem-448	46	3	lv	lv	PROPN
fbem-448	46	4	zhaode	zhaode	PROPN
fbem-448	46	5	et	et	PROPN
fbem-448	46	6	al	al	PROPN
fbem-448	46	7	.	.	PROPN
fbem-448	47	1	(	(	PUNCT
fbem-448	47	2	2016	2016	NUM
fbem-448	47	3	)	)	PUNCT
fbem-448	47	4	further	far	ADV
fbem-448	47	5	researched	research	VERB
fbem-448	47	6	and	and	CCONJ
fbem-448	47	7	found	find	VERB
fbem-448	47	8	that	that	SCONJ
fbem-448	47	9	male	male	ADJ
fbem-448	47	10	analysts	analyst	NOUN
fbem-448	47	11	have	have	VERB
fbem-448	47	12	higher	high	ADJ
fbem-448	47	13	forecasting	forecasting	NOUN
fbem-448	47	14	bias	bias	NOUN
fbem-448	47	15	and	and	CCONJ
fbem-448	47	16	correction	correction	NOUN
fbem-448	47	17	ability	ability	NOUN
fbem-448	47	18	than	than	ADP
fbem-448	47	19	female	female	ADJ
fbem-448	47	20	analysts	analyst	NOUN
fbem-448	47	21	,	,	PUNCT
fbem-448	47	22	and	and	CCONJ
fbem-448	47	23	that	that	SCONJ
fbem-448	47	24	they	they	PRON
fbem-448	47	25	have	have	AUX
fbem-448	47	26	tracked	track	VERB
fbem-448	47	27	the	the	DET
fbem-448	47	28	same	same	ADJ
fbem-448	47	29	company	company	NOUN
fbem-448	47	30	for	for	ADP
fbem-448	47	31	more	more	ADJ
fbem-448	47	32	than	than	ADP
fbem-448	47	33	5	5	NUM
fbem-448	47	34	years	year	NOUN
fbem-448	47	35	,	,	PUNCT
fbem-448	47	36	and	and	CCONJ
fbem-448	47	37	male	male	ADJ
fbem-448	47	38	analysts	analyst	NOUN
fbem-448	47	39	have	have	VERB
fbem-448	47	40	significantly	significantly	ADV
fbem-448	47	41	smaller	small	ADJ
fbem-448	47	42	earnings	earning	NOUN
fbem-448	47	43	forecast	forecast	NOUN
fbem-448	47	44	deviations	deviation	NOUN
fbem-448	47	45	than	than	ADP
fbem-448	47	46	female	female	ADJ
fbem-448	47	47	analysts	analyst	NOUN
fbem-448	47	48	.	.	PUNCT
fbem-448	48	1	4	4	X
fbem-448	48	2	.	.	X
fbem-448	48	3	research	research	NOUN
fbem-448	48	4	on	on	ADP
fbem-448	48	5	the	the	DET
fbem-448	48	6	economic	economic	ADJ
fbem-448	48	7	consequences	consequence	NOUN
fbem-448	48	8	of	of	ADP
fbem-448	48	9	analyst	analyst	NOUN
fbem-448	48	10	predictions	prediction	NOUN
fbem-448	48	11	scholars	scholar	NOUN
fbem-448	48	12	have	have	AUX
fbem-448	48	13	carried	carry	VERB
fbem-448	48	14	out	out	ADP
fbem-448	48	15	research	research	NOUN
fbem-448	48	16	on	on	ADP
fbem-448	48	17	the	the	DET
fbem-448	48	18	economic	economic	ADJ
fbem-448	48	19	consequences	consequence	NOUN
fbem-448	48	20	of	of	ADP
fbem-448	48	21	analysts	analyst	NOUN
fbem-448	48	22	'	'	PART
fbem-448	48	23	forecasts	forecast	NOUN
fbem-448	48	24	mainly	mainly	ADV
fbem-448	48	25	from	from	ADP
fbem-448	48	26	earnings	earning	NOUN
fbem-448	48	27	management	management	NOUN
fbem-448	48	28	,	,	PUNCT
fbem-448	48	29	stock	stock	NOUN
fbem-448	48	30	price	price	NOUN
fbem-448	48	31	crash	crash	NOUN
fbem-448	48	32	,	,	PUNCT
fbem-448	48	33	and	and	CCONJ
fbem-448	48	34	capital	capital	NOUN
fbem-448	48	35	market	market	NOUN
fbem-448	48	36	efficiency	efficiency	NOUN
fbem-448	48	37	.	.	PUNCT
fbem-448	49	1	cang	cang	PROPN
fbem-448	49	2	yongtao	yongtao	PROPN
fbem-448	49	3	and	and	CCONJ
fbem-448	49	4	chu	chu	PROPN
fbem-448	49	5	yiyun	yiyun	NOUN
fbem-448	49	6	(	(	PUNCT
fbem-448	49	7	2012	2012	NUM
fbem-448	49	8	)	)	PUNCT
fbem-448	49	9	used	use	VERB
fbem-448	49	10	a	a	DET
fbem-448	49	11	-	-	PUNCT
fbem-448	49	12	share	share	NOUN
fbem-448	49	13	listed	list	VERB
fbem-448	49	14	companies	company	NOUN
fbem-448	49	15	from	from	ADP
fbem-448	49	16	2007	2007	NUM
fbem-448	49	17	to	to	ADP
fbem-448	49	18	2009	2009	NUM
fbem-448	49	19	as	as	ADP
fbem-448	49	20	samples	sample	NOUN
fbem-448	49	21	to	to	PART
fbem-448	49	22	test	test	VERB
fbem-448	49	23	the	the	DET
fbem-448	49	24	effect	effect	NOUN
fbem-448	49	25	of	of	ADP
fbem-448	49	26	analyst	analyst	NOUN
fbem-448	49	27	forecasts	forecast	NOUN
fbem-448	49	28	on	on	ADP
fbem-448	49	29	corporate	corporate	ADJ
fbem-448	49	30	earnings	earning	NOUN
fbem-448	49	31	management	management	NOUN
fbem-448	49	32	.	.	PUNCT
fbem-448	50	1	the	the	DET
fbem-448	50	2	study	study	NOUN
fbem-448	50	3	found	find	VERB
fbem-448	50	4	that	that	SCONJ
fbem-448	50	5	analyst	analyst	NOUN
fbem-448	50	6	forecasts	forecast	NOUN
fbem-448	50	7	can	can	AUX
fbem-448	50	8	constrain	constrain	VERB
fbem-448	50	9	companies	company	NOUN
fbem-448	50	10	'	'	PART
fbem-448	50	11	earnings	earning	NOUN
fbem-448	50	12	management	management	NOUN
fbem-448	50	13	behavior	behavior	NOUN
fbem-448	50	14	.	.	PUNCT
fbem-448	51	1	wei	wei	PROPN
fbem-448	51	2	dehong	dehong	PROPN
fbem-448	52	1	and	and	CCONJ
fbem-448	52	2	wen	wen	PROPN
fbem-448	52	3	jing	jing	PROPN
fbem-448	52	4	(	(	PUNCT
fbem-448	52	5	2013	2013	NUM
fbem-448	52	6	)	)	PUNCT
fbem-448	52	7	based	base	VERB
fbem-448	52	8	on	on	ADP
fbem-448	52	9	the	the	DET
fbem-448	52	10	background	background	NOUN
fbem-448	52	11	of	of	ADP
fbem-448	52	12	china	china	PROPN
fbem-448	52	13	's	's	PART
fbem-448	52	14	capital	capital	NOUN
fbem-448	52	15	market	market	NOUN
fbem-448	52	16	research	research	NOUN
fbem-448	52	17	found	find	VERB
fbem-448	52	18	that	that	SCONJ
fbem-448	52	19	listed	list	VERB
fbem-448	52	20	companies	company	NOUN
fbem-448	52	21	will	will	AUX
fbem-448	52	22	adjust	adjust	VERB
fbem-448	52	23	their	their	PRON
fbem-448	52	24	corporate	corporate	ADJ
fbem-448	52	25	earnings	earning	NOUN
fbem-448	52	26	management	management	NOUN
fbem-448	52	27	behaviors	behavior	NOUN
fbem-448	52	28	to	to	PART
fbem-448	52	29	match	match	VERB
fbem-448	52	30	analysts	analyst	NOUN
fbem-448	52	31	'	'	PART
fbem-448	52	32	earnings	earning	NOUN
fbem-448	52	33	forecasts	forecast	NOUN
fbem-448	52	34	.	.	PUNCT
fbem-448	53	1	li	li	PROPN
fbem-448	53	2	ying	ying	PROPN
fbem-448	53	3	and	and	CCONJ
fbem-448	53	4	yi	yi	PROPN
fbem-448	53	5	zhihong	zhihong	PROPN
fbem-448	53	6	(	(	PUNCT
fbem-448	53	7	2017	2017	NUM
fbem-448	53	8	)	)	PUNCT
fbem-448	53	9	empirical	empirical	ADJ
fbem-448	53	10	research	research	NOUN
fbem-448	53	11	results	result	NOUN
fbem-448	53	12	show	show	VERB
fbem-448	53	13	that	that	SCONJ
fbem-448	53	14	compared	compare	VERB
fbem-448	53	15	with	with	ADP
fbem-448	53	16	male	male	ADJ
fbem-448	53	17	analysts	analyst	NOUN
fbem-448	53	18	,	,	PUNCT
fbem-448	53	19	female	female	ADJ
fbem-448	53	20	analysts	analyst	NOUN
fbem-448	53	21	tend	tend	VERB
fbem-448	53	22	to	to	PART
fbem-448	53	23	be	be	AUX
fbem-448	53	24	more	more	ADV
fbem-448	53	25	cautious	cautious	ADJ
fbem-448	53	26	and	and	CCONJ
fbem-448	53	27	more	more	ADV
fbem-448	53	28	accurate	accurate	ADJ
fbem-448	53	29	in	in	ADP
fbem-448	53	30	predicting	predict	VERB
fbem-448	53	31	the	the	DET
fbem-448	53	32	risk	risk	NOUN
fbem-448	53	33	of	of	ADP
fbem-448	53	34	stock	stock	NOUN
fbem-448	53	35	market	market	NOUN
fbem-448	53	36	crash	crash	NOUN
fbem-448	53	37	.	.	PUNCT
fbem-448	54	1	some	some	DET
fbem-448	54	2	scholars	scholar	NOUN
fbem-448	54	3	have	have	AUX
fbem-448	54	4	also	also	ADV
fbem-448	54	5	explored	explore	VERB
fbem-448	54	6	the	the	DET
fbem-448	54	7	economic	economic	ADJ
fbem-448	54	8	consequences	consequence	NOUN
fbem-448	54	9	of	of	ADP
fbem-448	54	10	analysts	analyst	NOUN
fbem-448	54	11	'	'	PART
fbem-448	54	12	forecasts	forecast	NOUN
fbem-448	54	13	from	from	ADP
fbem-448	54	14	the	the	DET
fbem-448	54	15	perspective	perspective	NOUN
fbem-448	54	16	of	of	ADP
fbem-448	54	17	capital	capital	NOUN
fbem-448	54	18	market	market	NOUN
fbem-448	54	19	efficiency	efficiency	NOUN
fbem-448	54	20	.	.	PUNCT
fbem-448	55	1	scholars	scholar	NOUN
fbem-448	55	2	have	have	AUX
fbem-448	55	3	not	not	PART
fbem-448	55	4	reached	reach	VERB
fbem-448	55	5	a	a	DET
fbem-448	55	6	consensus	consensus	NOUN
fbem-448	55	7	on	on	ADP
fbem-448	55	8	the	the	DET
fbem-448	55	9	relationship	relationship	NOUN
fbem-448	55	10	between	between	ADP
fbem-448	55	11	analyst	analyst	NOUN
fbem-448	55	12	forecasts	forecast	NOUN
fbem-448	55	13	and	and	CCONJ
fbem-448	55	14	capital	capital	NOUN
fbem-448	55	15	market	market	NOUN
fbem-448	55	16	efficiency	efficiency	NOUN
fbem-448	55	17	.	.	PUNCT
fbem-448	56	1	some	some	DET
fbem-448	56	2	scholars	scholar	NOUN
fbem-448	56	3	believe	believe	VERB
fbem-448	56	4	that	that	SCONJ
fbem-448	56	5	analyst	analyst	NOUN
fbem-448	56	6	forecasts	forecast	NOUN
fbem-448	56	7	can	can	AUX
fbem-448	56	8	improve	improve	VERB
fbem-448	56	9	the	the	DET
fbem-448	56	10	efficiency	efficiency	NOUN
fbem-448	56	11	of	of	ADP
fbem-448	56	12	capital	capital	NOUN
fbem-448	56	13	market	market	NOUN
fbem-448	56	14	operations	operation	NOUN
fbem-448	56	15	.	.	PUNCT
fbem-448	57	1	zhu	zhu	PROPN
fbem-448	58	1	hongjun	hongjun	PROPN
fbem-448	58	2	et	et	PROPN
fbem-448	58	3	al	al	PROPN
fbem-448	58	4	.	.	PUNCT
fbem-448	59	1	(	(	PUNCT
fbem-448	59	2	2007	2007	NUM
fbem-448	59	3	)	)	PUNCT
fbem-448	59	4	used	use	VERB
fbem-448	59	5	a	a	DET
fbem-448	59	6	-	-	PUNCT
fbem-448	59	7	share	share	NOUN
fbem-448	59	8	listed	list	VERB
fbem-448	59	9	companies	company	NOUN
fbem-448	59	10	from	from	ADP
fbem-448	59	11	2004	2004	NUM
fbem-448	59	12	to	to	ADP
fbem-448	59	13	2005	2005	NUM
fbem-448	59	14	as	as	ADP
fbem-448	59	15	a	a	DET
fbem-448	59	16	research	research	NOUN
fbem-448	59	17	sample	sample	NOUN
fbem-448	59	18	to	to	PART
fbem-448	59	19	empirically	empirically	ADV
fbem-448	59	20	test	test	VERB
fbem-448	59	21	the	the	DET
fbem-448	59	22	impact	impact	NOUN
fbem-448	59	23	of	of	ADP
fbem-448	59	24	analyst	analyst	NOUN
fbem-448	59	25	forecasts	forecast	NOUN
fbem-448	59	26	on	on	ADP
fbem-448	59	27	capital	capital	NOUN
fbem-448	59	28	market	market	NOUN
fbem-448	59	29	efficiency	efficiency	NOUN
fbem-448	59	30	.	.	PUNCT
fbem-448	60	1	research	research	NOUN
fbem-448	60	2	shows	show	VERB
fbem-448	60	3	that	that	SCONJ
fbem-448	60	4	analysts	analyst	NOUN
fbem-448	60	5	can	can	AUX
fbem-448	60	6	collect	collect	VERB
fbem-448	60	7	company	company	NOUN
fbem-448	60	8	information	information	NOUN
fbem-448	60	9	from	from	ADP
fbem-448	60	10	various	various	ADJ
fbem-448	60	11	channels	channel	NOUN
fbem-448	60	12	,	,	PUNCT
fbem-448	60	13	improve	improve	VERB
fbem-448	60	14	the	the	DET
fbem-448	60	15	information	information	NOUN
fbem-448	60	16	content	content	NOUN
fbem-448	60	17	of	of	ADP
fbem-448	60	18	stock	stock	NOUN
fbem-448	60	19	prices	price	NOUN
fbem-448	60	20	and	and	CCONJ
fbem-448	60	21	reduce	reduce	VERB
fbem-448	60	22	the	the	DET
fbem-448	60	23	synchronization	synchronization	NOUN
fbem-448	60	24	of	of	ADP
fbem-448	60	25	stock	stock	NOUN
fbem-448	60	26	prices	price	NOUN
fbem-448	60	27	,	,	PUNCT
fbem-448	60	28	thereby	thereby	ADV
fbem-448	60	29	improving	improve	VERB
fbem-448	60	30	the	the	DET
fbem-448	60	31	efficiency	efficiency	NOUN
fbem-448	60	32	of	of	ADP
fbem-448	60	33	capital	capital	NOUN
fbem-448	60	34	market	market	NOUN
fbem-448	60	35	operation	operation	NOUN
fbem-448	60	36	.	.	PUNCT
fbem-448	61	1	ye	ye	PRON
fbem-448	61	2	yingmei	yingmei	PROPN
fbem-448	61	3	and	and	CCONJ
fbem-448	61	4	an	an	DET
fbem-448	61	5	ran	ran	NOUN
fbem-448	61	6	(	(	PUNCT
fbem-448	61	7	2017	2017	NUM
fbem-448	61	8	)	)	PUNCT
fbem-448	61	9	found	find	VERB
fbem-448	61	10	that	that	SCONJ
fbem-448	61	11	the	the	DET
fbem-448	61	12	degree	degree	NOUN
fbem-448	61	13	of	of	ADP
fbem-448	61	14	consistency	consistency	NOUN
fbem-448	61	15	of	of	ADP
fbem-448	61	16	analyst	analyst	NOUN
fbem-448	61	17	forecasts	forecast	NOUN
fbem-448	61	18	affects	affect	VERB
fbem-448	61	19	the	the	DET
fbem-448	61	20	information	information	NOUN
fbem-448	61	21	content	content	NOUN
fbem-448	61	22	of	of	ADP
fbem-448	61	23	stock	stock	NOUN
fbem-448	61	24	prices	price	NOUN
fbem-448	61	25	.	.	PUNCT
fbem-448	62	1	the	the	PRON
fbem-448	62	2	higher	high	ADJ
fbem-448	62	3	the	the	DET
fbem-448	62	4	consistency	consistency	NOUN
fbem-448	62	5	of	of	ADP
fbem-448	62	6	analyst	analyst	NOUN
fbem-448	62	7	forecasts	forecast	NOUN
fbem-448	62	8	,	,	PUNCT
fbem-448	62	9	the	the	DET
fbem-448	62	10	more	more	ADJ
fbem-448	62	11	company	company	NOUN
fbem-448	62	12	information	information	NOUN
fbem-448	62	13	can	can	AUX
fbem-448	62	14	be	be	AUX
fbem-448	62	15	delivered	deliver	VERB
fbem-448	62	16	to	to	ADP
fbem-448	62	17	the	the	DET
fbem-448	62	18	market	market	NOUN
fbem-448	62	19	,	,	PUNCT
fbem-448	62	20	thereby	thereby	ADV
fbem-448	62	21	improving	improve	VERB
fbem-448	62	22	the	the	DET
fbem-448	62	23	information	information	NOUN
fbem-448	62	24	efficiency	efficiency	NOUN
fbem-448	62	25	of	of	ADP
fbem-448	62	26	the	the	DET
fbem-448	62	27	capital	capital	NOUN
fbem-448	62	28	market	market	NOUN
fbem-448	62	29	.	.	PUNCT
fbem-448	63	1	references	reference	NOUN
fbem-448	63	2	[	[	X
fbem-448	63	3	1	1	NUM
fbem-448	63	4	]	]	PUNCT
fbem-448	63	5	o'brien	o'brien	PROPN
fbem-448	63	6	pc	pc	PROPN
fbem-448	63	7	,	,	PUNCT
fbem-448	63	8	bhushan	bhushan	PROPN
fbem-448	63	9	r.	r.	PROPN
fbem-448	63	10	analyst	analyst	PROPN
fbem-448	63	11	following	follow	VERB
fbem-448	63	12	and	and	CCONJ
fbem-448	63	13	institutional	institutional	ADJ
fbem-448	63	14	ownership[j	ownership[j	NOUN
fbem-448	63	15	]	]	PUNCT
fbem-448	63	16	.	.	PUNCT
fbem-448	64	1	journal	journal	PROPN
fbem-448	64	2	of	of	ADP
fbem-448	64	3	accounting	accounting	NOUN
fbem-448	64	4	research	research	NOUN
fbem-448	64	5	,	,	PUNCT
fbem-448	64	6	1990	1990	NUM
fbem-448	64	7	,	,	PUNCT
fbem-448	64	8	28(3):55	28(3):55	NUM
fbem-448	64	9	-	-	SYM
fbem-448	64	10	76	76	NUM
fbem-448	64	11	.	.	PUNCT
fbem-448	65	1	[	[	X
fbem-448	65	2	2	2	NUM
fbem-448	65	3	]	]	PUNCT
fbem-448	65	4	dowen	dowen	NOUN
fbem-448	65	5	r	r	PROPN
fbem-448	65	6	j.	j.	PROPN
fbem-448	65	7	analyst	analyst	PROPN
fbem-448	65	8	reaction	reaction	NOUN
fbem-448	65	9	to	to	ADP
fbem-448	65	10	negative	negative	ADJ
fbem-448	65	11	earnings	earning	NOUN
fbem-448	65	12	for	for	ADP
fbem-448	65	13	large	large	ADJ
fbem-448	65	14	well	well	ADV
fbem-448	65	15	-	-	PUNCT
fbem-448	65	16	known	know	VERB
fbem-448	65	17	firms[j	firms[j	NOUN
fbem-448	65	18	]	]	PUNCT
fbem-448	65	19	.	.	PUNCT
fbem-448	66	1	journal	journal	PROPN
fbem-448	66	2	of	of	ADP
fbem-448	66	3	portfolio	portfolio	PROPN
fbem-448	66	4	management	management	NOUN
fbem-448	66	5	,	,	PUNCT
fbem-448	66	6	2009	2009	NUM
fbem-448	66	7	,	,	PUNCT
fbem-448	66	8	23(1):49	23(1):49	NUM
fbem-448	66	9	-	-	SYM
fbem-448	66	10	55	55	NUM
fbem-448	66	11	.	.	PUNCT
fbem-448	67	1	[	[	X
fbem-448	67	2	3	3	X
fbem-448	67	3	]	]	X
fbem-448	67	4	ackert	ackert	NOUN
fbem-448	67	5	l	l	PROPN
fbem-448	67	6	f	f	PROPN
fbem-448	67	7	,	,	PUNCT
fbem-448	67	8	athanassakos	athanassakos	PROPN
fbem-448	67	9	g.	g.	PROPN
fbem-448	67	10	prior	prior	ADJ
fbem-448	67	11	uncertainty	uncertainty	NOUN
fbem-448	67	12	,	,	PUNCT
fbem-448	67	13	analyst	analyst	NOUN
fbem-448	67	14	bisa	bisa	PROPN
fbem-448	67	15	,	,	PUNCT
fbem-448	67	16	and	and	CCONJ
fbem-448	67	17	subsequent	subsequent	ADJ
fbem-448	67	18	abnormal	abnormal	ADJ
fbem-448	67	19	returns[j	returns[j	NOUN
fbem-448	67	20	]	]	PUNCT
fbem-448	67	21	.	.	PUNCT
fbem-448	68	1	journal	journal	PROPN
fbem-448	68	2	of	of	ADP
fbem-448	68	3	financial	financial	ADJ
fbem-448	68	4	research	research	NOUN
fbem-448	68	5	,	,	PUNCT
fbem-448	68	6	1997	1997	NUM
fbem-448	68	7	,	,	PUNCT
fbem-448	68	8	20(2):263–273	20(2):263–273	NUM
fbem-448	68	9	.	.	PUNCT
fbem-448	69	1	[	[	X
fbem-448	69	2	4	4	X
fbem-448	69	3	]	]	PUNCT
fbem-448	69	4	barron	barron	PROPN
fbem-448	69	5	o	o	PROPN
fbem-448	69	6	e	e	PROPN
fbem-448	69	7	,	,	PUNCT
fbem-448	69	8	kim	kim	PROPN
fbem-448	69	9	o	o	PROPN
fbem-448	69	10	,	,	PUNCT
fbem-448	69	11	lim	lim	PROPN
fbem-448	69	12	s	s	PART
fbem-448	69	13	c	c	PROPN
fbem-448	69	14	,	,	PUNCT
fbem-448	69	15	et	et	PROPN
fbem-448	69	16	al	al	PROPN
fbem-448	69	17	.	.	PUNCT
fbem-448	70	1	using	use	VERB
fbem-448	70	2	analysts	analyst	NOUN
fbem-448	70	3	'	'	PART
fbem-448	70	4	forecasts	forecast	NOUN
fbem-448	70	5	to	to	PART
fbem-448	70	6	measure	measure	VERB
fbem-448	70	7	properties	property	NOUN
fbem-448	70	8	of	of	ADP
fbem-448	70	9	analysts	analyst	NOUN
fbem-448	70	10	'	'	PART
fbem-448	70	11	information	information	NOUN
fbem-448	70	12	environment[j	environment[j	NOUN
fbem-448	70	13	]	]	X
fbem-448	70	14	.	.	PUNCT
fbem-448	71	1	ac	ac	PROPN
fbem-448	71	2	counting	counting	PROPN
fbem-448	71	3	review	review	NOUN
fbem-448	71	4	,	,	PUNCT
fbem-448	71	5	1998	1998	NUM
fbem-448	71	6	,	,	PUNCT
fbem-448	71	7	73(4):421	73(4):421	NOUN
fbem-448	71	8	-	-	SYM
fbem-448	71	9	433	433	NUM
fbem-448	71	10	.	.	PUNCT
fbem-448	72	1	[	[	X
fbem-448	72	2	5	5	X
fbem-448	72	3	]	]	PUNCT
fbem-448	72	4	healy	healy	PROPN
fbem-448	72	5	p.	p.	NOUN
fbem-448	72	6	and	and	CCONJ
fbem-448	72	7	paleau	paleau	PROPN
fbem-448	72	8	l.	l.	PROPN
fbem-448	72	9	stock	stock	PROPN
fbem-448	72	10	performance	performance	NOUN
fbem-448	72	11	and	and	CCONJ
fbem-448	72	12	intermediation	intermediation	NOUN
fbem-448	72	13	changes	change	NOUN
fbem-448	72	14	surrounding	surround	VERB
fbem-448	72	15	sustained	sustained	ADJ
fbem-448	72	16	increases	increase	NOUN
fbem-448	72	17	in	in	ADP
fbem-448	72	18	disclosure	disclosure	NOUN
fbem-448	73	1	[	[	X
fbem-448	73	2	j	j	X
fbem-448	73	3	]	]	X
fbem-448	73	4	.	.	PUNCT
fbem-448	74	1	contemporary	contemporary	PROPN
fbem-448	74	2	ac	ac	PROPN
fbem-448	74	3	counting	counting	PROPN
fbem-448	74	4	research	research	NOUN
fbem-448	74	5	,	,	PUNCT
fbem-448	74	6	1999,16(3):485	1999,16(3):485	NUM
fbem-448	74	7	-	-	SYM
fbem-448	74	8	520	520	NUM
fbem-448	74	9	.	.	PUNCT
fbem-448	75	1	[	[	X
fbem-448	75	2	6	6	NUM
fbem-448	75	3	]	]	PUNCT
fbem-448	75	4	hope	hope	NOUN
fbem-448	75	5	o.	o.	PROPN
fbem-448	75	6	accounting	accounting	NOUN
fbem-448	75	7	policy	policy	NOUN
fbem-448	75	8	disclosures	disclosure	NOUN
fbem-448	75	9	and	and	CCONJ
fbem-448	75	10	analysts	analyst	NOUN
fbem-448	75	11	’	'	PUNCT
fbem-448	75	12	forecasts[j	forecasts[j	PROPN
fbem-448	75	13	]	]	PUNCT
fbem-448	75	14	.	.	PUNCT
fbem-448	76	1	contemporary	contemporary	ADJ
fbem-448	76	2	accounting	accounting	PROPN
fbem-448	76	3	research	research	PROPN
fbem-448	76	4	,	,	PUNCT
fbem-448	76	5	2003	2003	NUM
fbem-448	76	6	,	,	PUNCT
fbem-448	76	7	20(2):295	20(2):295	NOUN
fbem-448	76	8	-	-	NOUN
fbem-448	76	9	321	321	NUM
fbem-448	76	10	.	.	PUNCT
fbem-448	77	1	[	[	X
fbem-448	77	2	7	7	NUM
fbem-448	77	3	]	]	X
fbem-448	77	4	zoltan	zoltan	PROPN
fbem-448	77	5	matolcsy	matolcsy	PROPN
fbem-448	77	6	,	,	PUNCT
fbem-448	77	7	anne	anne	PROPN
fbem-448	77	8	wyatt	wyatt	PROPN
fbem-448	77	9	.	.	PUNCT
fbem-448	78	1	capitalized	capitalize	VERB
fbem-448	78	2	intangibles	intangible	NOUN
fbem-448	78	3	and	and	CCONJ
fbem-448	78	4	financial	financial	ADJ
fbem-448	78	5	analysts[j	analysts[j	PROPN
fbem-448	78	6	]	]	PUNCT
fbem-448	78	7	.	.	PUNCT
fbem-448	79	1	accounting	accounting	PROPN
fbem-448	79	2	&	&	CCONJ
fbem-448	79	3	finance	finance	PROPN
fbem-448	79	4	,	,	PUNCT
fbem-448	79	5	2014	2014	NUM
fbem-448	79	6	,	,	PUNCT
fbem-448	79	7	46(3):457479	46(3):457479	NUM
fbem-448	79	8	.	.	PUNCT
fbem-448	80	1	[	[	X
fbem-448	80	2	8	8	NUM
fbem-448	80	3	]	]	X
fbem-448	80	4	yan	yan	PROPN
fbem-448	80	5	lin	lin	PROPN
fbem-448	80	6	.	.	PUNCT
fbem-448	81	1	the	the	DET
fbem-448	81	2	relationship	relationship	NOUN
fbem-448	81	3	between	between	ADP
fbem-448	81	4	analyst	analyst	NOUN
fbem-448	81	5	tracking	tracking	NOUN
fbem-448	81	6	and	and	CCONJ
fbem-448	81	7	institutional	institutional	ADJ
fbem-448	81	8	investors	investor	NOUN
fbem-448	81	9	'	'	PART
fbem-448	81	10	shareholding	shareholding	NOUN
fbem-448	81	11	[	[	X
fbem-448	81	12	j	j	X
fbem-448	81	13	]	]	X
fbem-448	81	14	.	.	PUNCT
fbem-448	82	1	zhejiang	zhejiang	PROPN
fbem-448	82	2	finance	finance	PROPN
fbem-448	82	3	,	,	PUNCT
fbem-448	82	4	2016(09):36	2016(09):36	NUM
fbem-448	82	5	-	-	SYM
fbem-448	82	6	44	44	NUM
fbem-448	82	7	.	.	PUNCT
fbem-448	83	1	[	[	X
fbem-448	83	2	9	9	X
fbem-448	83	3	]	]	PUNCT
fbem-448	83	4	emma	emma	PROPN
fbem-448	83	5	garcía	garcía	PROPN
fbem-448	83	6	-	-	PUNCT
fbem-448	83	7	meca	meca	NOUN
fbem-448	83	8	.	.	PUNCT
fbem-448	84	1	bridging	bridge	VERB
fbem-448	84	2	the	the	DET
fbem-448	84	3	gap	gap	NOUN
fbem-448	84	4	between	between	ADP
fbem-448	84	5	disclosure	disclosure	NOUN
fbem-448	84	6	and	and	CCONJ
fbem-448	84	7	use	use	NOUN
fbem-448	84	8	of	of	ADP
fbem-448	84	9	intellectual	intellectual	ADJ
fbem-448	84	10	capital	capital	NOUN
fbem-448	84	11	information[j	information[j	PROPN
fbem-448	84	12	]	]	PUNCT
fbem-448	84	13	.	.	PUNCT
fbem-448	85	1	journal	journal	PROPN
fbem-448	85	2	of	of	ADP
fbem-448	85	3	intellectual	intellectual	ADJ
fbem-448	85	4	capital	capital	NOUN
fbem-448	85	5	,	,	PUNCT
fbem-448	85	6	2005	2005	NUM
fbem-448	85	7	,	,	PUNCT
fbem-448	85	8	6(3):427	6(3):427	NUM
fbem-448	85	9	-	-	SYM
fbem-448	85	10	440	440	NUM
fbem-448	85	11	.	.	PUNCT
fbem-448	86	1	[	[	X
fbem-448	86	2	10	10	NUM
fbem-448	86	3	]	]	X
fbem-448	86	4	clifton	clifton	PROPN
fbem-448	86	5	green	green	PROPN
fbem-448	86	6	,	,	PUNCT
fbem-448	86	7	narasimhan	narasimhan	PROPN
fbem-448	86	8	jegadeesh	jegadeesh	PROPN
fbem-448	86	9	,	,	PUNCT
fbem-448	86	10	yue	yue	PROPN
fbem-448	86	11	tang	tang	PROPN
fbem-448	86	12	.	.	PUNCT
fbem-448	87	1	gender	gender	NOUN
fbem-448	87	2	and	and	CCONJ
fbem-448	87	3	job	job	NOUN
fbem-448	87	4	performance	performance	NOUN
fbem-448	87	5	:	:	PUNCT
fbem-448	87	6	evidence	evidence	NOUN
fbem-448	87	7	from	from	ADP
fbem-448	87	8	wall	wall	PROPN
fbem-448	87	9	street[j	street[j	PROPN
fbem-448	87	10	]	]	PUNCT
fbem-448	87	11	.	.	PUNCT
fbem-448	88	1	financial	financial	ADJ
fbem-448	88	2	analysts	analyst	NOUN
fbem-448	88	3	journal	journal	NOUN
fbem-448	88	4	,	,	PUNCT
fbem-448	88	5	2009	2009	NUM
fbem-448	88	6	,	,	PUNCT
fbem-448	88	7	65(6):65	65(6):65	PROPN
fbem-448	88	8	-	-	SYM
fbem-448	88	9	68	68	NUM
fbem-448	88	10	.	.	PUNCT
fbem-448	89	1	[	[	X
fbem-448	89	2	11	11	NUM
fbem-448	89	3	]	]	X
fbem-448	89	4	lv	lv	PROPN
fbem-448	89	5	zhaode	zhaode	PROPN
fbem-448	89	6	,	,	PUNCT
fbem-448	89	7	zeng	zeng	PROPN
fbem-448	89	8	xuehan	xuehan	PROPN
fbem-448	89	9	.	.	PUNCT
fbem-448	90	1	gender	gender	NOUN
fbem-448	90	2	,	,	PUNCT
fbem-448	90	3	earnings	earning	NOUN
fbem-448	90	4	forecast	forecast	NOUN
fbem-448	90	5	bias	bias	NOUN
fbem-448	90	6	and	and	CCONJ
fbem-448	90	7	correction	correction	NOUN
fbem-448	90	8	ability	ability	NOUN
fbem-448	90	9	of	of	ADP
fbem-448	90	10	securities	security	NOUN
fbem-448	90	11	analysts	analyst	NOUN
fbem-448	91	1	[	[	X
fbem-448	91	2	j	j	X
fbem-448	91	3	]	]	X
fbem-448	91	4	.	.	PUNCT
fbem-448	92	1	journal	journal	PROPN
fbem-448	92	2	of	of	ADP
fbem-448	92	3	beijing	beijing	PROPN
fbem-448	92	4	technology	technology	PROPN
fbem-448	92	5	and	and	CCONJ
fbem-448	92	6	business	business	NOUN
fbem-448	92	7	university	university	NOUN
fbem-448	92	8	(	(	PUNCT
fbem-448	92	9	social	social	ADJ
fbem-448	92	10	science	science	NOUN
fbem-448	92	11	edition	edition	NOUN
fbem-448	92	12	)	)	PUNCT
fbem-448	92	13	,	,	PUNCT
fbem-448	92	14	2016,31(05):77	2016,31(05):77	PROPN
fbem-448	92	15	-	-	X
fbem-448	92	16	86	86	NUM
fbem-448	92	17	.	.	PUNCT
fbem-448	93	1	[	[	X
fbem-448	93	2	12	12	NUM
fbem-448	93	3	]	]	X
fbem-448	93	4	cang	cang	PROPN
fbem-448	93	5	yongtao	yongtao	PROPN
fbem-448	93	6	,	,	PUNCT
fbem-448	93	7	chu	chu	PROPN
fbem-448	93	8	yiyun	yiyun	PROPN
fbem-448	93	9	.	.	PUNCT
fbem-448	94	1	research	research	NOUN
fbem-448	94	2	on	on	ADP
fbem-448	94	3	the	the	DET
fbem-448	94	4	binding	bind	VERB
fbem-448	94	5	force	force	NOUN
fbem-448	94	6	of	of	ADP
fbem-448	94	7	analysts	analyst	NOUN
fbem-448	94	8	'	'	PART
fbem-448	94	9	earnings	earning	NOUN
fbem-448	94	10	forecast	forecast	NOUN
fbem-448	94	11	evidence	evidence	NOUN
fbem-448	94	12	from	from	ADP
fbem-448	94	13	china	china	PROPN
fbem-448	94	14	's	's	PART
fbem-448	94	15	capital	capital	NOUN
fbem-448	94	16	market	market	NOUN
fbem-448	95	1	[	[	X
fbem-448	95	2	a	a	X
fbem-448	95	3	]	]	X
fbem-448	95	4	.	.	PUNCT
fbem-448	96	1	china	china	PROPN
fbem-448	96	2	accounting	accounting	PROPN
fbem-448	96	3	society	society	PROPN
fbem-448	96	4	education	education	NOUN
fbem-448	96	5	branch	branch	NOUN
fbem-448	96	6	.	.	PUNCT
fbem-448	97	1	proceedings	proceeding	NOUN
fbem-448	97	2	of	of	ADP
fbem-448	97	3	the	the	DET
fbem-448	97	4	2012	2012	NUM
fbem-448	97	5	annual	annual	ADJ
fbem-448	97	6	academic	academic	ADJ
fbem-448	97	7	conference	conference	NOUN
fbem-448	97	8	of	of	ADP
fbem-448	97	9	43	43	NUM
fbem-448	97	10	china	china	PROPN
fbem-448	97	11	accounting	accounting	PROPN
fbem-448	97	12	society	society	NOUN
fbem-448	97	13	[	[	X
fbem-448	97	14	c	c	X
fbem-448	97	15	]	]	PUNCT
fbem-448	97	16	.	.	PUNCT
fbem-448	98	1	china	china	PROPN
fbem-448	98	2	accounting	accounting	PROPN
fbem-448	98	3	society	society	PROPN
fbem-448	98	4	education	education	NOUN
fbem-448	98	5	branch	branch	NOUN
fbem-448	98	6	:	:	PUNCT
fbem-448	98	7	accounting	accounting	NOUN
fbem-448	98	8	society	society	NOUN
fbem-448	98	9	of	of	ADP
fbem-448	98	10	china	china	PROPN
fbem-448	98	11	,	,	PUNCT
fbem-448	98	12	2012	2012	NUM
fbem-448	98	13	:	:	PUNCT
fbem-448	98	14	14	14	NUM
fbem-448	98	15	.	.	PUNCT
fbem-448	99	1	[	[	X
fbem-448	99	2	13	13	NUM
fbem-448	99	3	]	]	PUNCT
fbem-448	99	4	wei	wei	PROPN
fbem-448	99	5	dehong	dehong	PROPN
fbem-448	99	6	,	,	PUNCT
fbem-448	99	7	wen	wen	PROPN
fbem-448	99	8	jing	jing	PROPN
fbem-448	99	9	.	.	PUNCT
fbem-448	100	1	earnings	earning	NOUN
fbem-448	100	2	forecast	forecast	NOUN
fbem-448	100	3	of	of	ADP
fbem-448	100	4	securities	security	NOUN
fbem-448	100	5	analysts	analyst	NOUN
fbem-448	100	6	and	and	CCONJ
fbem-448	100	7	earnings	earning	NOUN
fbem-448	100	8	management	management	NOUN
fbem-448	100	9	of	of	ADP
fbem-448	100	10	listed	list	VERB
fbem-448	100	11	companies	company	NOUN
fbem-448	100	12	[	[	X
fbem-448	100	13	j	j	X
fbem-448	100	14	]	]	X
fbem-448	100	15	.	.	PUNCT
fbem-448	101	1	friends	friend	NOUN
fbem-448	101	2	of	of	ADP
fbem-448	101	3	accounting	accounting	NOUN
fbem-448	101	4	,	,	PUNCT
fbem-448	101	5	2013(09	2013(09	NUM
fbem-448	101	6	):	):	PUNCT
fbem-448	101	7	12	12	NUM
fbem-448	101	8	-	-	SYM
fbem-448	101	9	17	17	NUM
fbem-448	101	10	.	.	PUNCT
fbem-448	102	1	[	[	X
fbem-448	102	2	14	14	NUM
fbem-448	102	3	]	]	X
fbem-448	102	4	li	li	PROPN
fbem-448	102	5	ying	ying	PROPN
fbem-448	102	6	,	,	PUNCT
fbem-448	102	7	yi	yi	PROPN
fbem-448	102	8	zhihong	zhihong	NOUN
fbem-448	102	9	.	.	PUNCT
fbem-448	103	1	can	can	AUX
fbem-448	103	2	female	female	ADJ
fbem-448	103	3	analysts	analyst	NOUN
fbem-448	103	4	predict	predict	VERB
fbem-448	103	5	the	the	DET
fbem-448	103	6	risk	risk	NOUN
fbem-448	103	7	of	of	ADP
fbem-448	103	8	stock	stock	NOUN
fbem-448	103	9	price	price	NOUN
fbem-448	103	10	crash	crash	NOUN
fbem-448	103	11	better	well	ADV
fbem-448	103	12	?	?	PUNCT
fbem-448	104	1	[	[	X
fbem-448	104	2	j	j	X
fbem-448	104	3	]	]	X
fbem-448	104	4	.	.	PUNCT
fbem-448	104	5	economics	economic	NOUN
fbem-448	104	6	and	and	CCONJ
fbem-448	104	7	management	management	NOUN
fbem-448	104	8	research	research	NOUN
fbem-448	104	9	,	,	PUNCT
fbem-448	104	10	2017	2017	NUM
fbem-448	104	11	,	,	PUNCT
fbem-448	104	12	38(06	38(06	NUM
fbem-448	104	13	):	):	PUNCT
fbem-448	104	14	124	124	NUM
fbem-448	104	15	-	-	SYM
fbem-448	104	16	136	136	NUM
fbem-448	104	17	.	.	PUNCT
fbem-448	105	1	[	[	X
fbem-448	105	2	15	15	NUM
fbem-448	105	3	]	]	X
fbem-448	105	4	zhu	zhu	PROPN
fbem-448	105	5	hongjun	hongjun	PROPN
fbem-448	105	6	,	,	PUNCT
fbem-448	105	7	he	he	PRON
fbem-448	105	8	xianjie	xianjie	VERB
fbem-448	105	9	,	,	PUNCT
fbem-448	105	10	tao	tao	PROPN
fbem-448	105	11	lin	lin	PROPN
fbem-448	105	12	.	.	PUNCT
fbem-448	106	1	can	can	AUX
fbem-448	106	2	china	china	PROPN
fbem-448	106	3	's	's	PART
fbem-448	106	4	securities	security	NOUN
fbem-448	106	5	analysts	analyst	NOUN
fbem-448	106	6	improve	improve	VERB
fbem-448	106	7	the	the	DET
fbem-448	106	8	efficiency	efficiency	NOUN
fbem-448	106	9	of	of	ADP
fbem-448	106	10	capital	capital	NOUN
fbem-448	106	11	markets	market	NOUN
fbem-448	106	12	:	:	PUNCT
fbem-448	106	13	empirical	empirical	ADJ
fbem-448	106	14	evidence	evidence	NOUN
fbem-448	106	15	based	base	VERB
fbem-448	106	16	on	on	ADP
fbem-448	106	17	stock	stock	NOUN
fbem-448	106	18	price	price	NOUN
fbem-448	106	19	synchronization	synchronization	NOUN
fbem-448	106	20	and	and	CCONJ
fbem-448	106	21	stock	stock	NOUN
fbem-448	106	22	price	price	NOUN
fbem-448	106	23	information	information	NOUN
fbem-448	106	24	content	content	NOUN
fbem-448	107	1	[	[	X
fbem-448	107	2	j	j	X
fbem-448	107	3	]	]	X
fbem-448	107	4	.	.	PUNCT
fbem-448	108	1	financial	financial	ADJ
fbem-448	108	2	research	research	NOUN
fbem-448	108	3	,	,	PUNCT
fbem-448	108	4	2007(02	2007(02	NUM
fbem-448	108	5	):	):	PUNCT
fbem-448	108	6	110121	110121	NUM
fbem-448	108	7	.	.	PUNCT
fbem-448	109	1	[	[	X
fbem-448	109	2	16	16	NUM
fbem-448	109	3	]	]	X
fbem-448	109	4	ye	ye	PROPN
fbem-448	109	5	yingmei	yingmei	PROPN
fbem-448	109	6	,	,	PUNCT
fbem-448	109	7	an	an	DET
fbem-448	109	8	ran	ran	NOUN
fbem-448	109	9	.	.	PUNCT
fbem-448	110	1	analyst	analyst	NOUN
fbem-448	110	2	forecast	forecast	NOUN
fbem-448	110	3	consistency	consistency	NOUN
fbem-448	110	4	and	and	CCONJ
fbem-448	110	5	capital	capital	NOUN
fbem-448	110	6	market	market	NOUN
fbem-448	110	7	information	information	NOUN
fbem-448	110	8	efficiency	efficiency	NOUN
fbem-448	110	9	:	:	PUNCT
fbem-448	110	10	an	an	DET
fbem-448	110	11	empirical	empirical	ADJ
fbem-448	110	12	study	study	NOUN
fbem-448	110	13	based	base	VERB
fbem-448	110	14	on	on	ADP
fbem-448	110	15	china	china	PROPN
fbem-448	110	16	's	's	PART
fbem-448	110	17	a	a	DET
fbem-448	110	18	-	-	PUNCT
fbem-448	110	19	share	share	NOUN
fbem-448	110	20	market	market	NOUN
fbem-448	111	1	[	[	X
fbem-448	111	2	j	j	X
fbem-448	111	3	]	]	X
fbem-448	111	4	.	.	PUNCT
fbem-448	112	1	journal	journal	PROPN
fbem-448	112	2	of	of	ADP
fbem-448	112	3	zhengzhou	zhengzhou	PROPN
fbem-448	112	4	institute	institute	PROPN
fbem-448	112	5	of	of	ADP
fbem-448	112	6	aviation	aviation	NOUN
fbem-448	112	7	industry	industry	NOUN
fbem-448	112	8	management	management	NOUN
fbem-448	112	9	,	,	PUNCT
fbem-448	112	10	2017	2017	NUM
fbem-448	112	11	,	,	PUNCT
fbem-448	112	12	35(03	35(03	NUM
fbem-448	112	13	):	):	PUNCT
fbem-448	112	14	7093	7093	NUM
fbem-448	112	15	.	.	PUNCT