id	sid	tid	token	lemma	pos
fbem-7825	1	1	frontiers	frontier	NOUN
fbem-7825	1	2	in	in	ADP
fbem-7825	1	3	business	business	NOUN
fbem-7825	1	4	,	,	PUNCT
fbem-7825	1	5	economics	economic	NOUN
fbem-7825	1	6	and	and	CCONJ
fbem-7825	1	7	management	management	NOUN
fbem-7825	1	8	issn	issn	PROPN
fbem-7825	1	9	:	:	PUNCT
fbem-7825	1	10	2766	2766	NUM
fbem-7825	1	11	-	-	PUNCT
fbem-7825	1	12	824x	824x	NUM
fbem-7825	1	13	|	|	ADJ
fbem-7825	1	14	vol	vol	NOUN
fbem-7825	1	15	.	.	PROPN
fbem-7825	1	16	8	8	NUM
fbem-7825	1	17	,	,	PUNCT
fbem-7825	1	18	no	no	INTJ
fbem-7825	1	19	.	.	NOUN
fbem-7825	1	20	3	3	NUM
fbem-7825	1	21	,	,	PUNCT
fbem-7825	1	22	2023	2023	NUM
fbem-7825	1	23	134	134	NUM
fbem-7825	1	24	executive	executive	NOUN
fbem-7825	1	25	vertical	vertical	NOUN
fbem-7825	1	26	concurrently	concurrently	ADV
fbem-7825	1	27	to	to	ADP
fbem-7825	1	28	enterprise	enterprise	VERB
fbem-7825	1	29	green	green	ADJ
fbem-7825	1	30	innovation	innovation	NOUN
fbem-7825	1	31	yingrui	yingrui	PROPN
fbem-7825	1	32	lv1	lv1	PROPN
fbem-7825	1	33	,	,	PUNCT
fbem-7825	1	34	xin	xin	PROPN
fbem-7825	1	35	chen1	chen1	PROPN
fbem-7825	1	36	,	,	PUNCT
fbem-7825	1	37	*	*	SYM
fbem-7825	1	38	1	1	NUM
fbem-7825	1	39	school	school	NOUN
fbem-7825	1	40	of	of	ADP
fbem-7825	1	41	shanghai	shanghai	PROPN
fbem-7825	1	42	for	for	ADP
fbem-7825	1	43	science	science	NOUN
fbem-7825	1	44	and	and	CCONJ
fbem-7825	1	45	technology	technology	NOUN
fbem-7825	1	46	university	university	NOUN
fbem-7825	1	47	,	,	PUNCT
fbem-7825	1	48	china	china	PROPN
fbem-7825	1	49	*	*	PUNCT
fbem-7825	1	50	corresponding	correspond	VERB
fbem-7825	1	51	author	author	NOUN
fbem-7825	1	52	:	:	PUNCT
fbem-7825	1	53	xin	xin	PROPN
fbem-7825	1	54	chen	chen	PROPN
fbem-7825	1	55	(	(	PUNCT
fbem-7825	1	56	email	email	NOUN
fbem-7825	1	57	:	:	PUNCT
fbem-7825	1	58	ares0825@163.com	ares0825@163.com	X
fbem-7825	2	1	abstract	abstract	NOUN
fbem-7825	2	2	:	:	PUNCT
fbem-7825	2	3	guiding	guide	VERB
fbem-7825	2	4	enterprises	enterprise	NOUN
fbem-7825	2	5	to	to	PART
fbem-7825	2	6	carry	carry	VERB
fbem-7825	2	7	out	out	ADP
fbem-7825	2	8	green	green	ADJ
fbem-7825	2	9	innovation	innovation	NOUN
fbem-7825	2	10	and	and	CCONJ
fbem-7825	2	11	accelerating	accelerate	VERB
fbem-7825	2	12	the	the	DET
fbem-7825	2	13	forging	forging	NOUN
fbem-7825	2	14	of	of	ADP
fbem-7825	2	15	new	new	ADJ
fbem-7825	2	16	competitive	competitive	ADJ
fbem-7825	2	17	advantages	advantage	NOUN
fbem-7825	2	18	in	in	ADP
fbem-7825	2	19	green	green	ADJ
fbem-7825	2	20	industry	industry	NOUN
fbem-7825	2	21	has	have	AUX
fbem-7825	2	22	become	become	VERB
fbem-7825	2	23	an	an	DET
fbem-7825	2	24	important	important	ADJ
fbem-7825	2	25	direction	direction	NOUN
fbem-7825	2	26	of	of	ADP
fbem-7825	2	27	national	national	ADJ
fbem-7825	2	28	innovation	innovation	NOUN
fbem-7825	2	29	after	after	ADP
fbem-7825	2	30	the	the	DET
fbem-7825	2	31	top	top	ADJ
fbem-7825	2	32	20	20	NUM
fbem-7825	2	33	.	.	PUNCT
fbem-7825	3	1	based	base	VERB
fbem-7825	3	2	on	on	ADP
fbem-7825	3	3	the	the	DET
fbem-7825	3	4	panel	panel	NOUN
fbem-7825	3	5	data	datum	NOUN
fbem-7825	3	6	of	of	ADP
fbem-7825	3	7	a	a	DET
fbem-7825	3	8	-	-	PUNCT
fbem-7825	3	9	share	share	NOUN
fbem-7825	3	10	non	non	ADJ
fbem-7825	3	11	-	-	ADJ
fbem-7825	3	12	financial	financial	ADJ
fbem-7825	3	13	listed	list	VERB
fbem-7825	3	14	companies	company	NOUN
fbem-7825	3	15	from	from	ADP
fbem-7825	3	16	2015	2015	NUM
fbem-7825	3	17	to	to	ADP
fbem-7825	3	18	2020	2020	NUM
fbem-7825	3	19	,	,	PUNCT
fbem-7825	3	20	this	this	DET
fbem-7825	3	21	paper	paper	NOUN
fbem-7825	3	22	empirically	empirically	ADV
fbem-7825	3	23	examines	examine	VERB
fbem-7825	3	24	the	the	DET
fbem-7825	3	25	impact	impact	NOUN
fbem-7825	3	26	of	of	ADP
fbem-7825	3	27	vertical	vertical	ADJ
fbem-7825	3	28	concurrent	concurrent	ADJ
fbem-7825	3	29	executive	executive	ADJ
fbem-7825	3	30	positions	position	NOUN
fbem-7825	3	31	on	on	ADP
fbem-7825	3	32	corporate	corporate	ADJ
fbem-7825	3	33	green	green	ADJ
fbem-7825	3	34	innovation	innovation	NOUN
fbem-7825	3	35	.	.	PUNCT
fbem-7825	4	1	the	the	DET
fbem-7825	4	2	results	result	NOUN
fbem-7825	4	3	show	show	VERB
fbem-7825	4	4	that	that	SCONJ
fbem-7825	4	5	the	the	DET
fbem-7825	4	6	vertical	vertical	ADJ
fbem-7825	4	7	concurrent	concurrent	ADJ
fbem-7825	4	8	position	position	NOUN
fbem-7825	4	9	of	of	ADP
fbem-7825	4	10	senior	senior	ADJ
fbem-7825	4	11	executives	executive	NOUN
fbem-7825	4	12	significantly	significantly	ADV
fbem-7825	4	13	improves	improve	VERB
fbem-7825	4	14	the	the	DET
fbem-7825	4	15	degree	degree	NOUN
fbem-7825	4	16	of	of	ADP
fbem-7825	4	17	green	green	ADJ
fbem-7825	4	18	innovation	innovation	NOUN
fbem-7825	4	19	of	of	ADP
fbem-7825	4	20	enterprises	enterprise	NOUN
fbem-7825	4	21	.	.	PUNCT
fbem-7825	5	1	the	the	DET
fbem-7825	5	2	vertical	vertical	ADJ
fbem-7825	5	3	concurrent	concurrent	ADJ
fbem-7825	5	4	position	position	NOUN
fbem-7825	5	5	of	of	ADP
fbem-7825	5	6	senior	senior	ADJ
fbem-7825	5	7	executives	executive	NOUN
fbem-7825	5	8	can	can	AUX
fbem-7825	5	9	effectively	effectively	ADV
fbem-7825	5	10	play	play	VERB
fbem-7825	5	11	the	the	DET
fbem-7825	5	12	supervision	supervision	NOUN
fbem-7825	5	13	function	function	NOUN
fbem-7825	5	14	of	of	ADP
fbem-7825	5	15	major	major	ADJ
fbem-7825	5	16	shareholders	shareholder	NOUN
fbem-7825	5	17	,	,	PUNCT
fbem-7825	5	18	improve	improve	VERB
fbem-7825	5	19	the	the	DET
fbem-7825	5	20	efficiency	efficiency	NOUN
fbem-7825	5	21	of	of	ADP
fbem-7825	5	22	resource	resource	NOUN
fbem-7825	5	23	allocation	allocation	NOUN
fbem-7825	5	24	,	,	PUNCT
fbem-7825	5	25	and	and	CCONJ
fbem-7825	5	26	promote	promote	VERB
fbem-7825	5	27	the	the	DET
fbem-7825	5	28	green	green	ADJ
fbem-7825	5	29	innovation	innovation	NOUN
fbem-7825	5	30	behavior	behavior	NOUN
fbem-7825	5	31	of	of	ADP
fbem-7825	5	32	enterprises	enterprise	NOUN
fbem-7825	5	33	.	.	PUNCT
fbem-7825	6	1	this	this	DET
fbem-7825	6	2	result	result	NOUN
fbem-7825	6	3	held	hold	VERB
fbem-7825	6	4	up	up	ADP
fbem-7825	6	5	after	after	ADP
fbem-7825	6	6	a	a	DET
fbem-7825	6	7	series	series	NOUN
fbem-7825	6	8	of	of	ADP
fbem-7825	6	9	robustness	robustness	NOUN
fbem-7825	6	10	tests	test	NOUN
fbem-7825	6	11	.	.	PUNCT
fbem-7825	7	1	therefore	therefore	ADV
fbem-7825	7	2	,	,	PUNCT
fbem-7825	7	3	more	more	ADV
fbem-7825	7	4	explicit	explicit	ADJ
fbem-7825	7	5	regulations	regulation	NOUN
fbem-7825	7	6	should	should	AUX
fbem-7825	7	7	be	be	AUX
fbem-7825	7	8	introduced	introduce	VERB
fbem-7825	7	9	for	for	ADP
fbem-7825	7	10	the	the	DET
fbem-7825	7	11	vertical	vertical	ADJ
fbem-7825	7	12	part	part	ADJ
fbem-7825	7	13	-	-	PUNCT
fbem-7825	7	14	time	time	NOUN
fbem-7825	7	15	system	system	NOUN
fbem-7825	7	16	of	of	ADP
fbem-7825	7	17	senior	senior	ADJ
fbem-7825	7	18	executives	executive	NOUN
fbem-7825	7	19	of	of	ADP
fbem-7825	7	20	listed	list	VERB
fbem-7825	7	21	companies	company	NOUN
fbem-7825	7	22	,	,	PUNCT
fbem-7825	7	23	so	so	SCONJ
fbem-7825	7	24	as	as	SCONJ
fbem-7825	7	25	to	to	PART
fbem-7825	7	26	guide	guide	VERB
fbem-7825	7	27	enterprises	enterprise	NOUN
fbem-7825	7	28	to	to	PART
fbem-7825	7	29	establish	establish	VERB
fbem-7825	7	30	a	a	DET
fbem-7825	7	31	reasonable	reasonable	ADJ
fbem-7825	7	32	and	and	CCONJ
fbem-7825	7	33	efficient	efficient	ADJ
fbem-7825	7	34	vertical	vertical	ADJ
fbem-7825	7	35	part	part	ADJ
fbem-7825	7	36	-	-	PUNCT
fbem-7825	7	37	time	time	NOUN
fbem-7825	7	38	system	system	NOUN
fbem-7825	7	39	of	of	ADP
fbem-7825	7	40	senior	senior	ADJ
fbem-7825	7	41	executives	executive	NOUN
fbem-7825	7	42	and	and	CCONJ
fbem-7825	7	43	improve	improve	VERB
fbem-7825	7	44	the	the	DET
fbem-7825	7	45	degree	degree	NOUN
fbem-7825	7	46	of	of	ADP
fbem-7825	7	47	green	green	ADJ
fbem-7825	7	48	innovation	innovation	NOUN
fbem-7825	7	49	of	of	ADP
fbem-7825	7	50	enterprises	enterprise	NOUN
fbem-7825	7	51	.	.	PUNCT
fbem-7825	8	1	keywords	keyword	NOUN
fbem-7825	8	2	:	:	PUNCT
fbem-7825	8	3	executive	executive	ADJ
fbem-7825	8	4	vertical	vertical	ADJ
fbem-7825	8	5	concurrent	concurrent	NOUN
fbem-7825	8	6	,	,	PUNCT
fbem-7825	8	7	green	green	ADJ
fbem-7825	8	8	innovation	innovation	NOUN
fbem-7825	8	9	,	,	PUNCT
fbem-7825	8	10	information	information	NOUN
fbem-7825	8	11	asymmetry	asymmetry	NOUN
fbem-7825	8	12	,	,	PUNCT
fbem-7825	8	13	profit	profit	NOUN
fbem-7825	8	14	motive	motive	NOUN
fbem-7825	8	15	.	.	PUNCT
fbem-7825	9	1	1	1	X
fbem-7825	9	2	.	.	X
fbem-7825	9	3	introduction	introduction	NOUN
fbem-7825	9	4	the	the	DET
fbem-7825	9	5	party	party	NOUN
fbem-7825	9	6	's	's	PART
fbem-7825	9	7	20	20	NUM
fbem-7825	9	8	major	major	ADJ
fbem-7825	9	9	report	report	NOUN
fbem-7825	9	10	points	point	VERB
fbem-7825	9	11	out	out	ADP
fbem-7825	9	12	that	that	SCONJ
fbem-7825	9	13	promoting	promote	VERB
fbem-7825	9	14	green	green	ADJ
fbem-7825	9	15	economic	economic	ADJ
fbem-7825	9	16	and	and	CCONJ
fbem-7825	9	17	social	social	ADJ
fbem-7825	9	18	development	development	NOUN
fbem-7825	9	19	is	be	AUX
fbem-7825	9	20	a	a	DET
fbem-7825	9	21	key	key	ADJ
fbem-7825	9	22	link	link	NOUN
fbem-7825	9	23	to	to	PART
fbem-7825	9	24	achieve	achieve	VERB
fbem-7825	9	25	high	high	ADJ
fbem-7825	9	26	-	-	PUNCT
fbem-7825	9	27	quality	quality	NOUN
fbem-7825	9	28	economic	economic	ADJ
fbem-7825	9	29	development	development	NOUN
fbem-7825	9	30	in	in	ADP
fbem-7825	9	31	china	china	PROPN
fbem-7825	9	32	,	,	PUNCT
fbem-7825	9	33	of	of	ADP
fbem-7825	9	34	which	which	PRON
fbem-7825	9	35	green	green	ADJ
fbem-7825	9	36	innovation	innovation	NOUN
fbem-7825	9	37	and	and	CCONJ
fbem-7825	9	38	development	development	NOUN
fbem-7825	9	39	of	of	ADP
fbem-7825	9	40	enterprises	enterprise	NOUN
fbem-7825	9	41	is	be	AUX
fbem-7825	9	42	an	an	DET
fbem-7825	9	43	important	important	ADJ
fbem-7825	9	44	part	part	NOUN
fbem-7825	9	45	.	.	PUNCT
fbem-7825	10	1	as	as	ADP
fbem-7825	10	2	the	the	DET
fbem-7825	10	3	main	main	ADJ
fbem-7825	10	4	carrier	carrier	NOUN
fbem-7825	10	5	of	of	ADP
fbem-7825	10	6	chinese	chinese	ADJ
fbem-7825	10	7	innovative	innovative	ADJ
fbem-7825	10	8	activities	activity	NOUN
fbem-7825	10	9	,	,	PUNCT
fbem-7825	10	10	enterprises	enterprise	NOUN
fbem-7825	10	11	'	'	PART
fbem-7825	10	12	green	green	ADJ
fbem-7825	10	13	innovation	innovation	NOUN
fbem-7825	10	14	level	level	NOUN
fbem-7825	10	15	and	and	CCONJ
fbem-7825	10	16	innovation	innovation	NOUN
fbem-7825	10	17	quality	quality	NOUN
fbem-7825	10	18	undoubtedly	undoubtedly	ADV
fbem-7825	10	19	determine	determine	VERB
fbem-7825	10	20	the	the	DET
fbem-7825	10	21	degree	degree	NOUN
fbem-7825	10	22	of	of	ADP
fbem-7825	10	23	sustainable	sustainable	ADJ
fbem-7825	10	24	economic	economic	ADJ
fbem-7825	10	25	development	development	NOUN
fbem-7825	10	26	in	in	ADP
fbem-7825	10	27	our	our	PRON
fbem-7825	10	28	future	future	NOUN
fbem-7825	10	29	,	,	PUNCT
fbem-7825	10	30	which	which	PRON
fbem-7825	10	31	is	be	AUX
fbem-7825	10	32	different	different	ADJ
fbem-7825	10	33	from	from	ADP
fbem-7825	10	34	innovative	innovative	ADJ
fbem-7825	10	35	activities	activity	NOUN
fbem-7825	10	36	in	in	ADP
fbem-7825	10	37	the	the	DET
fbem-7825	10	38	general	general	ADJ
fbem-7825	10	39	sense	sense	NOUN
fbem-7825	10	40	.	.	PUNCT
fbem-7825	11	1	the	the	DET
fbem-7825	11	2	emphasis	emphasis	NOUN
fbem-7825	11	3	is	be	AUX
fbem-7825	11	4	on	on	ADP
fbem-7825	11	5	the	the	DET
fbem-7825	11	6	protection	protection	NOUN
fbem-7825	11	7	of	of	ADP
fbem-7825	11	8	the	the	DET
fbem-7825	11	9	environment	environment	NOUN
fbem-7825	11	10	while	while	SCONJ
fbem-7825	11	11	achieving	achieve	VERB
fbem-7825	11	12	technological	technological	ADJ
fbem-7825	11	13	breakthroughs	breakthrough	NOUN
fbem-7825	11	14	,	,	PUNCT
fbem-7825	11	15	and	and	CCONJ
fbem-7825	11	16	under	under	ADP
fbem-7825	11	17	the	the	DET
fbem-7825	11	18	guidance	guidance	NOUN
fbem-7825	11	19	of	of	ADP
fbem-7825	11	20	the	the	DET
fbem-7825	11	21	idea	idea	NOUN
fbem-7825	11	22	of	of	ADP
fbem-7825	11	23	"	"	PUNCT
fbem-7825	11	24	building	build	VERB
fbem-7825	11	25	a	a	DET
fbem-7825	11	26	resource	resource	NOUN
fbem-7825	11	27	-	-	PUNCT
fbem-7825	11	28	friendly	friendly	ADJ
fbem-7825	11	29	society	society	NOUN
fbem-7825	11	30	"	"	PUNCT
fbem-7825	11	31	,	,	PUNCT
fbem-7825	11	32	enterprises	enterprise	NOUN
fbem-7825	11	33	'	'	PART
fbem-7825	11	34	green	green	ADJ
fbem-7825	11	35	development	development	NOUN
fbem-7825	11	36	transformation	transformation	NOUN
fbem-7825	11	37	.	.	PUNCT
fbem-7825	12	1	in	in	ADP
fbem-7825	12	2	the	the	DET
fbem-7825	12	3	new	new	ADJ
fbem-7825	12	4	era	era	NOUN
fbem-7825	12	5	,	,	PUNCT
fbem-7825	12	6	the	the	DET
fbem-7825	12	7	socialist	socialist	ADJ
fbem-7825	12	8	modernization	modernization	NOUN
fbem-7825	12	9	drive	drive	NOUN
fbem-7825	12	10	with	with	ADP
fbem-7825	12	11	chinese	chinese	ADJ
fbem-7825	12	12	characteristics	characteristic	NOUN
fbem-7825	12	13	has	have	AUX
fbem-7825	12	14	entered	enter	VERB
fbem-7825	12	15	a	a	DET
fbem-7825	12	16	new	new	ADJ
fbem-7825	12	17	journey	journey	NOUN
fbem-7825	12	18	,	,	PUNCT
fbem-7825	12	19	and	and	CCONJ
fbem-7825	12	20	the	the	DET
fbem-7825	12	21	chinese	chinese	ADJ
fbem-7825	12	22	-	-	PUNCT
fbem-7825	12	23	style	style	NOUN
fbem-7825	12	24	modernization	modernization	NOUN
fbem-7825	12	25	drive	drive	NOUN
fbem-7825	12	26	has	have	AUX
fbem-7825	12	27	been	be	AUX
fbem-7825	12	28	fully	fully	ADV
fbem-7825	12	29	launched	launch	VERB
fbem-7825	12	30	.	.	PUNCT
fbem-7825	13	1	while	while	SCONJ
fbem-7825	13	2	recognizing	recognize	VERB
fbem-7825	13	3	the	the	DET
fbem-7825	13	4	outstanding	outstanding	ADJ
fbem-7825	13	5	contribution	contribution	NOUN
fbem-7825	13	6	of	of	ADP
fbem-7825	13	7	enterprise	enterprise	NOUN
fbem-7825	13	8	innovation	innovation	NOUN
fbem-7825	13	9	activities	activity	NOUN
fbem-7825	13	10	to	to	ADP
fbem-7825	13	11	economic	economic	ADJ
fbem-7825	13	12	growth	growth	NOUN
fbem-7825	13	13	,	,	PUNCT
fbem-7825	13	14	higher	high	ADJ
fbem-7825	13	15	requirements	requirement	NOUN
fbem-7825	13	16	have	have	AUX
fbem-7825	13	17	been	be	AUX
fbem-7825	13	18	set	set	VERB
fbem-7825	13	19	for	for	ADP
fbem-7825	13	20	green	green	ADJ
fbem-7825	13	21	innovation	innovation	NOUN
fbem-7825	13	22	in	in	ADP
fbem-7825	13	23	enterprises	enterprise	NOUN
fbem-7825	13	24	.	.	PUNCT
fbem-7825	14	1	therefore	therefore	ADV
fbem-7825	14	2	,	,	PUNCT
fbem-7825	14	3	how	how	SCONJ
fbem-7825	14	4	to	to	PART
fbem-7825	14	5	promote	promote	VERB
fbem-7825	14	6	enterprise	enterprise	NOUN
fbem-7825	14	7	green	green	ADJ
fbem-7825	14	8	innovation	innovation	NOUN
fbem-7825	14	9	has	have	AUX
fbem-7825	14	10	become	become	VERB
fbem-7825	14	11	a	a	DET
fbem-7825	14	12	hot	hot	ADJ
fbem-7825	14	13	topic	topic	NOUN
fbem-7825	14	14	that	that	SCONJ
fbem-7825	14	15	academia	academia	NOUN
fbem-7825	14	16	and	and	CCONJ
fbem-7825	14	17	policy	policy	NOUN
fbem-7825	14	18	makers	maker	NOUN
fbem-7825	14	19	continue	continue	VERB
fbem-7825	14	20	to	to	PART
fbem-7825	14	21	pay	pay	VERB
fbem-7825	14	22	attention	attention	NOUN
fbem-7825	14	23	to	to	ADP
fbem-7825	14	24	.	.	PUNCT
fbem-7825	15	1	generally	generally	ADV
fbem-7825	15	2	speaking	speak	VERB
fbem-7825	15	3	,	,	PUNCT
fbem-7825	15	4	the	the	DET
fbem-7825	15	5	green	green	ADJ
fbem-7825	15	6	innovation	innovation	NOUN
fbem-7825	15	7	behavior	behavior	NOUN
fbem-7825	15	8	of	of	ADP
fbem-7825	15	9	enterprises	enterprise	NOUN
fbem-7825	15	10	is	be	AUX
fbem-7825	15	11	influenced	influence	VERB
fbem-7825	15	12	by	by	ADP
fbem-7825	15	13	both	both	CCONJ
fbem-7825	15	14	external	external	ADJ
fbem-7825	15	15	and	and	CCONJ
fbem-7825	15	16	macro	macro	ADJ
fbem-7825	15	17	factors	factor	NOUN
fbem-7825	15	18	,	,	PUNCT
fbem-7825	15	19	such	such	ADJ
fbem-7825	15	20	as	as	ADP
fbem-7825	15	21	innovation	innovation	NOUN
fbem-7825	15	22	policies	policy	NOUN
fbem-7825	15	23	,	,	PUNCT
fbem-7825	15	24	financing	financing	NOUN
fbem-7825	15	25	environment	environment	NOUN
fbem-7825	15	26	,	,	PUNCT
fbem-7825	15	27	market	market	NOUN
fbem-7825	15	28	competition	competition	NOUN
fbem-7825	15	29	,	,	PUNCT
fbem-7825	15	30	etc	etc	X
fbem-7825	15	31	.	.	X
fbem-7825	15	32	,	,	PUNCT
fbem-7825	15	33	and	and	CCONJ
fbem-7825	15	34	internal	internal	ADJ
fbem-7825	15	35	factors	factor	NOUN
fbem-7825	15	36	,	,	PUNCT
fbem-7825	15	37	among	among	ADP
fbem-7825	15	38	which	which	PRON
fbem-7825	15	39	,	,	PUNCT
fbem-7825	15	40	the	the	DET
fbem-7825	15	41	widespread	widespread	ADJ
fbem-7825	15	42	vertical	vertical	ADJ
fbem-7825	15	43	concurrent	concurrent	ADJ
fbem-7825	15	44	position	position	NOUN
fbem-7825	15	45	of	of	ADP
fbem-7825	15	46	senior	senior	ADJ
fbem-7825	15	47	executives	executive	NOUN
fbem-7825	15	48	is	be	AUX
fbem-7825	15	49	an	an	DET
fbem-7825	15	50	important	important	ADJ
fbem-7825	15	51	factor	factor	NOUN
fbem-7825	15	52	.	.	PUNCT
fbem-7825	16	1	the	the	DET
fbem-7825	16	2	vertical	vertical	ADJ
fbem-7825	16	3	concurrent	concurrent	ADJ
fbem-7825	16	4	position	position	NOUN
fbem-7825	16	5	of	of	ADP
fbem-7825	16	6	senior	senior	ADJ
fbem-7825	16	7	executives	executive	NOUN
fbem-7825	16	8	refers	refer	VERB
fbem-7825	16	9	to	to	ADP
fbem-7825	16	10	the	the	DET
fbem-7825	16	11	phenomenon	phenomenon	NOUN
fbem-7825	16	12	that	that	SCONJ
fbem-7825	16	13	the	the	DET
fbem-7825	16	14	chairman	chairman	NOUN
fbem-7825	16	15	or	or	CCONJ
fbem-7825	16	16	general	general	ADJ
fbem-7825	16	17	manager	manager	NOUN
fbem-7825	16	18	of	of	ADP
fbem-7825	16	19	a	a	DET
fbem-7825	16	20	listed	list	VERB
fbem-7825	16	21	company	company	NOUN
fbem-7825	16	22	serves	serve	VERB
fbem-7825	16	23	in	in	ADP
fbem-7825	16	24	a	a	DET
fbem-7825	16	25	major	major	ADJ
fbem-7825	16	26	shareholder	shareholder	NOUN
fbem-7825	16	27	.	.	PUNCT
fbem-7825	17	1	china	china	PROPN
fbem-7825	17	2	securities	securities	PROPN
fbem-7825	17	3	regulatory	regulatory	PROPN
fbem-7825	17	4	commission	commission	PROPN
fbem-7825	17	5	has	have	AUX
fbem-7825	17	6	also	also	ADV
fbem-7825	17	7	introduced	introduce	VERB
fbem-7825	17	8	a	a	DET
fbem-7825	17	9	series	series	NOUN
fbem-7825	17	10	of	of	ADP
fbem-7825	17	11	regulatory	regulatory	ADJ
fbem-7825	17	12	measures	measure	NOUN
fbem-7825	17	13	for	for	ADP
fbem-7825	17	14	the	the	DET
fbem-7825	17	15	vertical	vertical	ADJ
fbem-7825	17	16	concurrent	concurrent	ADJ
fbem-7825	17	17	position	position	NOUN
fbem-7825	17	18	of	of	ADP
fbem-7825	17	19	senior	senior	ADJ
fbem-7825	17	20	executives	executive	NOUN
fbem-7825	17	21	,	,	PUNCT
fbem-7825	17	22	such	such	ADJ
fbem-7825	17	23	as	as	ADP
fbem-7825	17	24	the	the	DET
fbem-7825	17	25	introduction	introduction	NOUN
fbem-7825	17	26	of	of	ADP
fbem-7825	17	27	independent	independent	ADJ
fbem-7825	17	28	director	director	NOUN
fbem-7825	17	29	system	system	NOUN
fbem-7825	17	30	in	in	ADP
fbem-7825	17	31	1997	1997	NUM
fbem-7825	17	32	,	,	PUNCT
fbem-7825	17	33	the	the	DET
fbem-7825	17	34	requirement	requirement	NOUN
fbem-7825	17	35	of	of	ADP
fbem-7825	17	36	"	"	PUNCT
fbem-7825	17	37	three	three	NUM
fbem-7825	17	38	separation	separation	NOUN
fbem-7825	17	39	"	"	PUNCT
fbem-7825	17	40	between	between	ADP
fbem-7825	17	41	listed	list	VERB
fbem-7825	17	42	companies	company	NOUN
fbem-7825	17	43	and	and	CCONJ
fbem-7825	17	44	the	the	DET
fbem-7825	17	45	parent	parent	NOUN
fbem-7825	17	46	company	company	NOUN
fbem-7825	17	47	in	in	ADP
fbem-7825	17	48	1999	1999	NUM
fbem-7825	17	49	,	,	PUNCT
fbem-7825	17	50	and	and	CCONJ
fbem-7825	17	51	the	the	DET
fbem-7825	17	52	change	change	NOUN
fbem-7825	17	53	to	to	ADP
fbem-7825	17	54	"	"	PUNCT
fbem-7825	17	55	five	five	NUM
fbem-7825	17	56	separation	separation	NOUN
fbem-7825	17	57	"	"	PUNCT
fbem-7825	17	58	in	in	ADP
fbem-7825	17	59	2001	2001	NUM
fbem-7825	17	60	.	.	PUNCT
fbem-7825	18	1	although	although	SCONJ
fbem-7825	18	2	scholars	scholar	NOUN
fbem-7825	18	3	have	have	AUX
fbem-7825	18	4	reached	reach	VERB
fbem-7825	18	5	a	a	DET
fbem-7825	18	6	consensus	consensus	NOUN
fbem-7825	18	7	on	on	ADP
fbem-7825	18	8	the	the	DET
fbem-7825	18	9	significant	significant	ADJ
fbem-7825	18	10	impact	impact	NOUN
fbem-7825	18	11	of	of	ADP
fbem-7825	18	12	vertical	vertical	ADJ
fbem-7825	18	13	executive	executive	ADJ
fbem-7825	18	14	positions	position	NOUN
fbem-7825	18	15	on	on	ADP
fbem-7825	18	16	corporate	corporate	ADJ
fbem-7825	18	17	governance	governance	NOUN
fbem-7825	18	18	structure	structure	NOUN
fbem-7825	18	19	and	and	CCONJ
fbem-7825	18	20	internal	internal	ADJ
fbem-7825	18	21	risk	risk	NOUN
fbem-7825	18	22	control	control	NOUN
fbem-7825	18	23	,	,	PUNCT
fbem-7825	18	24	the	the	DET
fbem-7825	18	25	impact	impact	NOUN
fbem-7825	18	26	results	result	NOUN
fbem-7825	18	27	are	be	AUX
fbem-7825	18	28	still	still	ADV
fbem-7825	18	29	controversial	controversial	ADJ
fbem-7825	18	30	.	.	PUNCT
fbem-7825	19	1	on	on	ADP
fbem-7825	19	2	the	the	DET
fbem-7825	19	3	one	one	NUM
fbem-7825	19	4	hand	hand	NOUN
fbem-7825	19	5	,	,	PUNCT
fbem-7825	19	6	listed	list	VERB
fbem-7825	19	7	companies	company	NOUN
fbem-7825	19	8	with	with	ADP
fbem-7825	19	9	vertical	vertical	ADJ
fbem-7825	19	10	executive	executive	ADJ
fbem-7825	19	11	positions	position	NOUN
fbem-7825	19	12	have	have	VERB
fbem-7825	19	13	stronger	strong	ADJ
fbem-7825	19	14	supervisory	supervisory	ADJ
fbem-7825	19	15	motivation	motivation	NOUN
fbem-7825	19	16	of	of	ADP
fbem-7825	19	17	their	their	PRON
fbem-7825	19	18	controlling	control	VERB
fbem-7825	19	19	shareholders	shareholder	NOUN
fbem-7825	19	20	,	,	PUNCT
fbem-7825	19	21	which	which	PRON
fbem-7825	19	22	helps	help	VERB
fbem-7825	19	23	to	to	PART
fbem-7825	19	24	alleviate	alleviate	VERB
fbem-7825	19	25	the	the	DET
fbem-7825	19	26	degree	degree	NOUN
fbem-7825	19	27	of	of	ADP
fbem-7825	19	28	information	information	NOUN
fbem-7825	19	29	asymmetry	asymmetry	NOUN
fbem-7825	19	30	.	.	PUNCT
fbem-7825	20	1	on	on	ADP
fbem-7825	20	2	the	the	DET
fbem-7825	20	3	other	other	ADJ
fbem-7825	20	4	hand	hand	NOUN
fbem-7825	20	5	,	,	PUNCT
fbem-7825	20	6	executive	executive	NOUN
fbem-7825	20	7	holding	hold	VERB
fbem-7825	20	8	companies	company	NOUN
fbem-7825	20	9	with	with	ADP
fbem-7825	20	10	vertical	vertical	ADJ
fbem-7825	20	11	adjunct	adjunct	ADJ
fbem-7825	20	12	positions	position	NOUN
fbem-7825	20	13	have	have	VERB
fbem-7825	20	14	more	more	ADJ
fbem-7825	20	15	obvious	obvious	ADJ
fbem-7825	20	16	motives	motive	NOUN
fbem-7825	20	17	to	to	PART
fbem-7825	20	18	usurp	usurp	VERB
fbem-7825	20	19	the	the	DET
fbem-7825	20	20	interests	interest	NOUN
fbem-7825	20	21	of	of	ADP
fbem-7825	20	22	listed	list	VERB
fbem-7825	20	23	companies	company	NOUN
fbem-7825	20	24	by	by	ADP
fbem-7825	20	25	taking	take	VERB
fbem-7825	20	26	advantage	advantage	NOUN
fbem-7825	20	27	of	of	ADP
fbem-7825	20	28	their	their	PRON
fbem-7825	20	29	special	special	ADJ
fbem-7825	20	30	status	status	NOUN
fbem-7825	20	31	.	.	PUNCT
fbem-7825	21	1	both	both	DET
fbem-7825	21	2	aspects	aspect	NOUN
fbem-7825	21	3	will	will	AUX
fbem-7825	21	4	have	have	VERB
fbem-7825	21	5	a	a	DET
fbem-7825	21	6	significant	significant	ADJ
fbem-7825	21	7	impact	impact	NOUN
fbem-7825	21	8	on	on	ADP
fbem-7825	21	9	the	the	DET
fbem-7825	21	10	green	green	ADJ
fbem-7825	21	11	innovation	innovation	NOUN
fbem-7825	21	12	behavior	behavior	NOUN
fbem-7825	21	13	of	of	ADP
fbem-7825	21	14	enterprises	enterprise	NOUN
fbem-7825	21	15	.	.	PUNCT
fbem-7825	22	1	therefore	therefore	ADV
fbem-7825	22	2	,	,	PUNCT
fbem-7825	22	3	under	under	ADP
fbem-7825	22	4	the	the	DET
fbem-7825	22	5	guidance	guidance	NOUN
fbem-7825	22	6	of	of	ADP
fbem-7825	22	7	the	the	DET
fbem-7825	22	8	new	new	ADJ
fbem-7825	22	9	development	development	NOUN
fbem-7825	22	10	concept	concept	NOUN
fbem-7825	22	11	of	of	ADP
fbem-7825	22	12	"	"	PUNCT
fbem-7825	22	13	ecological	ecological	ADJ
fbem-7825	22	14	priority	priority	NOUN
fbem-7825	22	15	"	"	PUNCT
fbem-7825	22	16	,	,	PUNCT
fbem-7825	22	17	it	it	PRON
fbem-7825	22	18	is	be	AUX
fbem-7825	22	19	of	of	ADP
fbem-7825	22	20	great	great	ADJ
fbem-7825	22	21	theoretical	theoretical	ADJ
fbem-7825	22	22	and	and	CCONJ
fbem-7825	22	23	practical	practical	ADJ
fbem-7825	22	24	significance	significance	NOUN
fbem-7825	22	25	to	to	PART
fbem-7825	22	26	study	study	VERB
fbem-7825	22	27	the	the	DET
fbem-7825	22	28	influence	influence	NOUN
fbem-7825	22	29	mechanism	mechanism	NOUN
fbem-7825	22	30	of	of	ADP
fbem-7825	22	31	vertical	vertical	ADJ
fbem-7825	22	32	executive	executive	ADJ
fbem-7825	22	33	part	part	NOUN
fbem-7825	22	34	-	-	PUNCT
fbem-7825	22	35	time	time	NOUN
fbem-7825	22	36	on	on	ADP
fbem-7825	22	37	the	the	DET
fbem-7825	22	38	green	green	ADJ
fbem-7825	22	39	innovation	innovation	NOUN
fbem-7825	22	40	of	of	ADP
fbem-7825	22	41	enterprises	enterprise	NOUN
fbem-7825	22	42	.	.	PUNCT
fbem-7825	23	1	2	2	X
fbem-7825	23	2	.	.	X
fbem-7825	23	3	literature	literature	NOUN
fbem-7825	23	4	review	review	PROPN
fbem-7825	23	5	and	and	CCONJ
fbem-7825	23	6	theoretical	theoretical	ADJ
fbem-7825	23	7	mechanism	mechanism	NOUN
fbem-7825	23	8	2.1	2.1	NUM
fbem-7825	23	9	.	.	PUNCT
fbem-7825	24	1	related	relate	VERB
fbem-7825	24	2	literature	literature	NOUN
fbem-7825	24	3	review	review	VERB
fbem-7825	24	4	the	the	DET
fbem-7825	24	5	research	research	NOUN
fbem-7825	24	6	on	on	ADP
fbem-7825	24	7	vertical	vertical	PROPN
fbem-7825	25	1	adjunct	adjunct	PROPN
fbem-7825	25	2	of	of	ADP
fbem-7825	25	3	senior	senior	ADJ
fbem-7825	25	4	executives	executive	NOUN
fbem-7825	25	5	can	can	AUX
fbem-7825	25	6	be	be	AUX
fbem-7825	25	7	traced	trace	VERB
fbem-7825	25	8	back	back	ADV
fbem-7825	25	9	to	to	ADP
fbem-7825	25	10	porta	porta	PROPN
fbem-7825	25	11	(	(	PUNCT
fbem-7825	25	12	1999	1999	NUM
fbem-7825	25	13	)	)	PUNCT
fbem-7825	25	14	's	's	PART
fbem-7825	25	15	study	study	NOUN
fbem-7825	25	16	on	on	ADP
fbem-7825	25	17	the	the	DET
fbem-7825	25	18	management	management	NOUN
fbem-7825	25	19	of	of	ADP
fbem-7825	25	20	american	american	ADJ
fbem-7825	25	21	family	family	NOUN
fbem-7825	25	22	enterprises	enterprise	NOUN
fbem-7825	25	23	,	,	PUNCT
fbem-7825	25	24	which	which	PRON
fbem-7825	25	25	pointed	point	VERB
fbem-7825	25	26	out	out	ADP
fbem-7825	25	27	that	that	SCONJ
fbem-7825	25	28	vertical	vertical	PROPN
fbem-7825	25	29	adjunct	adjunct	PROPN
fbem-7825	25	30	of	of	ADP
fbem-7825	25	31	senior	senior	ADJ
fbem-7825	25	32	executives	executive	NOUN
fbem-7825	25	33	can	can	AUX
fbem-7825	25	34	actually	actually	ADV
fbem-7825	25	35	improve	improve	VERB
fbem-7825	25	36	enterprise	enterprise	NOUN
fbem-7825	25	37	value	value	NOUN
fbem-7825	25	38	by	by	ADP
fbem-7825	25	39	reducing	reduce	VERB
fbem-7825	25	40	agency	agency	NOUN
fbem-7825	25	41	problems	problem	NOUN
fbem-7825	25	42	.	.	PUNCT
fbem-7825	26	1	later	later	ADV
fbem-7825	26	2	,	,	PUNCT
fbem-7825	26	3	scholars	scholar	NOUN
fbem-7825	26	4	conducted	conduct	VERB
fbem-7825	26	5	a	a	DET
fbem-7825	26	6	series	series	NOUN
fbem-7825	26	7	of	of	ADP
fbem-7825	26	8	studies	study	NOUN
fbem-7825	26	9	on	on	ADP
fbem-7825	26	10	this	this	DET
fbem-7825	26	11	issue	issue	NOUN
fbem-7825	26	12	and	and	CCONJ
fbem-7825	26	13	reviewed	review	VERB
fbem-7825	26	14	existing	exist	VERB
fbem-7825	26	15	literatures	literature	NOUN
fbem-7825	26	16	.	.	PUNCT
fbem-7825	27	1	in	in	ADP
fbem-7825	27	2	this	this	DET
fbem-7825	27	3	paper	paper	NOUN
fbem-7825	27	4	,	,	PUNCT
fbem-7825	27	5	literatures	literature	NOUN
fbem-7825	27	6	on	on	ADP
fbem-7825	27	7	the	the	DET
fbem-7825	27	8	impact	impact	NOUN
fbem-7825	27	9	of	of	ADP
fbem-7825	27	10	vertical	vertical	ADJ
fbem-7825	27	11	concurrent	concurrent	ADJ
fbem-7825	27	12	tenure	tenure	NOUN
fbem-7825	27	13	of	of	ADP
fbem-7825	27	14	senior	senior	ADJ
fbem-7825	27	15	executives	executive	NOUN
fbem-7825	27	16	on	on	ADP
fbem-7825	27	17	corporate	corporate	ADJ
fbem-7825	27	18	green	green	ADJ
fbem-7825	27	19	innovation	innovation	NOUN
fbem-7825	27	20	are	be	AUX
fbem-7825	27	21	mainly	mainly	ADV
fbem-7825	27	22	classified	classify	VERB
fbem-7825	27	23	into	into	ADP
fbem-7825	27	24	the	the	DET
fbem-7825	27	25	following	follow	VERB
fbem-7825	27	26	three	three	NUM
fbem-7825	27	27	categories	category	NOUN
fbem-7825	27	28	:	:	PUNCT
fbem-7825	27	29	first	first	ADV
fbem-7825	27	30	,	,	PUNCT
fbem-7825	27	31	the	the	DET
fbem-7825	27	32	influence	influence	NOUN
fbem-7825	27	33	of	of	ADP
fbem-7825	27	34	the	the	DET
fbem-7825	27	35	phenomenon	phenomenon	NOUN
fbem-7825	27	36	of	of	ADP
fbem-7825	27	37	executive	executive	ADJ
fbem-7825	27	38	connection	connection	NOUN
fbem-7825	27	39	on	on	ADP
fbem-7825	27	40	corporate	corporate	ADJ
fbem-7825	27	41	governance	governance	NOUN
fbem-7825	27	42	.	.	PUNCT
fbem-7825	28	1	this	this	DET
fbem-7825	28	2	kind	kind	NOUN
fbem-7825	28	3	of	of	ADP
fbem-7825	28	4	literature	literature	NOUN
fbem-7825	28	5	focuses	focus	VERB
fbem-7825	28	6	on	on	ADP
fbem-7825	28	7	the	the	DET
fbem-7825	28	8	influence	influence	NOUN
fbem-7825	28	9	of	of	ADP
fbem-7825	28	10	information	information	NOUN
fbem-7825	28	11	asymmetry	asymmetry	NOUN
fbem-7825	28	12	on	on	ADP
fbem-7825	28	13	corporate	corporate	ADJ
fbem-7825	28	14	governance	governance	NOUN
fbem-7825	28	15	from	from	ADP
fbem-7825	28	16	the	the	DET
fbem-7825	28	17	perspective	perspective	NOUN
fbem-7825	28	18	of	of	ADP
fbem-7825	28	19	information	information	NOUN
fbem-7825	28	20	asymmetry	asymmetry	NOUN
fbem-7825	28	21	,	,	PUNCT
fbem-7825	28	22	including	include	VERB
fbem-7825	28	23	both	both	CCONJ
fbem-7825	28	24	horizontal	horizontal	ADJ
fbem-7825	28	25	and	and	CCONJ
fbem-7825	28	26	vertical	vertical	ADJ
fbem-7825	28	27	connection	connection	NOUN
fbem-7825	28	28	.	.	PUNCT
fbem-7825	29	1	xu	xu	PROPN
fbem-7825	29	2	peng	peng	PROPN
fbem-7825	29	3	and	and	CCONJ
fbem-7825	29	4	zhang	zhang	PROPN
fbem-7825	29	5	heng	heng	PROPN
fbem-7825	29	6	(	(	PUNCT
fbem-7825	29	7	2022	2022	NUM
fbem-7825	29	8	)	)	PUNCT
fbem-7825	29	9	used	use	VERB
fbem-7825	29	10	the	the	DET
fbem-7825	29	11	threshold	threshold	NOUN
fbem-7825	29	12	regression	regression	NOUN
fbem-7825	29	13	method	method	NOUN
fbem-7825	29	14	and	and	CCONJ
fbem-7825	29	15	the	the	DET
fbem-7825	29	16	data	datum	NOUN
fbem-7825	29	17	of	of	ADP
fbem-7825	29	18	listed	list	VERB
fbem-7825	29	19	companies	company	NOUN
fbem-7825	29	20	within	within	ADP
fbem-7825	29	21	the	the	DET
fbem-7825	29	22	framework	framework	NOUN
fbem-7825	29	23	of	of	ADP
fbem-7825	29	24	enterprise	enterprise	NOUN
fbem-7825	29	25	groups	group	NOUN
fbem-7825	29	26	to	to	PART
fbem-7825	29	27	empirically	empirically	ADV
fbem-7825	29	28	investigate	investigate	VERB
fbem-7825	29	29	the	the	DET
fbem-7825	29	30	influence	influence	NOUN
fbem-7825	29	31	of	of	ADP
fbem-7825	29	32	the	the	DET
fbem-7825	29	33	longitudinal	longitudinal	ADJ
fbem-7825	29	34	connection	connection	NOUN
fbem-7825	29	35	of	of	ADP
fbem-7825	29	36	senior	senior	ADJ
fbem-7825	29	37	executives	executive	NOUN
fbem-7825	29	38	135	135	NUM
fbem-7825	29	39	of	of	ADP
fbem-7825	29	40	parent	parent	NOUN
fbem-7825	29	41	-	-	PUNCT
fbem-7825	29	42	subsidiary	subsidiary	NOUN
fbem-7825	29	43	companies	company	NOUN
fbem-7825	29	44	on	on	ADP
fbem-7825	29	45	the	the	DET
fbem-7825	29	46	stability	stability	NOUN
fbem-7825	29	47	of	of	ADP
fbem-7825	29	48	subsidiary	subsidiary	ADJ
fbem-7825	29	49	governance	governance	NOUN
fbem-7825	29	50	.	.	PUNCT
fbem-7825	30	1	the	the	DET
fbem-7825	30	2	results	result	NOUN
fbem-7825	30	3	showed	show	VERB
fbem-7825	30	4	that	that	SCONJ
fbem-7825	30	5	only	only	ADV
fbem-7825	30	6	when	when	SCONJ
fbem-7825	30	7	the	the	DET
fbem-7825	30	8	degree	degree	NOUN
fbem-7825	30	9	of	of	ADP
fbem-7825	30	10	senior	senior	ADJ
fbem-7825	30	11	executives	executive	NOUN
fbem-7825	30	12	'	'	PART
fbem-7825	30	13	connection	connection	NOUN
fbem-7825	30	14	exceeded	exceed	VERB
fbem-7825	30	15	a	a	DET
fbem-7825	30	16	certain	certain	ADJ
fbem-7825	30	17	threshold	threshold	NOUN
fbem-7825	30	18	value	value	NOUN
fbem-7825	30	19	,	,	PUNCT
fbem-7825	30	20	the	the	DET
fbem-7825	30	21	longitudinal	longitudinal	ADJ
fbem-7825	30	22	connection	connection	NOUN
fbem-7825	30	23	of	of	ADP
fbem-7825	30	24	senior	senior	ADJ
fbem-7825	30	25	executives	executive	NOUN
fbem-7825	30	26	could	could	AUX
fbem-7825	30	27	have	have	VERB
fbem-7825	30	28	a	a	DET
fbem-7825	30	29	stable	stable	ADJ
fbem-7825	30	30	positive	positive	ADJ
fbem-7825	30	31	promoting	promoting	NOUN
fbem-7825	30	32	effect	effect	NOUN
fbem-7825	30	33	.	.	PUNCT
fbem-7825	31	1	shuguang	shuguang	PROPN
fbem-7825	31	2	and	and	CCONJ
fbem-7825	31	3	ma	ma	PROPN
fbem-7825	31	4	zhong	zhong	PROPN
fbem-7825	31	5	(	(	PUNCT
fbem-7825	31	6	2022	2022	NUM
fbem-7825	31	7	)	)	PUNCT
fbem-7825	31	8	,	,	PUNCT
fbem-7825	31	9	based	base	VERB
fbem-7825	31	10	on	on	ADP
fbem-7825	31	11	the	the	DET
fbem-7825	31	12	perspective	perspective	NOUN
fbem-7825	31	13	of	of	ADP
fbem-7825	31	14	different	different	ADJ
fbem-7825	31	15	types	type	NOUN
fbem-7825	31	16	of	of	ADP
fbem-7825	31	17	concurrent	concurrent	ADJ
fbem-7825	31	18	executives	executive	NOUN
fbem-7825	31	19	,	,	PUNCT
fbem-7825	31	20	investigated	investigate	VERB
fbem-7825	31	21	the	the	DET
fbem-7825	31	22	impact	impact	NOUN
fbem-7825	31	23	of	of	ADP
fbem-7825	31	24	vertical	vertical	ADJ
fbem-7825	31	25	concurrent	concurrent	ADJ
fbem-7825	31	26	executives	executive	NOUN
fbem-7825	31	27	of	of	ADP
fbem-7825	31	28	parent	parent	NOUN
fbem-7825	31	29	-	-	PUNCT
fbem-7825	31	30	subsidiary	subsidiary	NOUN
fbem-7825	31	31	companies	company	NOUN
fbem-7825	31	32	on	on	ADP
fbem-7825	31	33	the	the	DET
fbem-7825	31	34	capital	capital	NOUN
fbem-7825	31	35	allocation	allocation	NOUN
fbem-7825	31	36	efficiency	efficiency	NOUN
fbem-7825	31	37	of	of	ADP
fbem-7825	31	38	listed	list	VERB
fbem-7825	31	39	companies	company	NOUN
fbem-7825	31	40	,	,	PUNCT
fbem-7825	31	41	and	and	CCONJ
fbem-7825	31	42	the	the	DET
fbem-7825	31	43	results	result	NOUN
fbem-7825	31	44	showed	show	VERB
fbem-7825	31	45	that	that	SCONJ
fbem-7825	31	46	when	when	SCONJ
fbem-7825	31	47	concurrent	concurrent	ADJ
fbem-7825	31	48	executives	executive	NOUN
fbem-7825	31	49	represented	represent	VERB
fbem-7825	31	50	different	different	ADJ
fbem-7825	31	51	corporate	corporate	ADJ
fbem-7825	31	52	interests	interest	NOUN
fbem-7825	31	53	,	,	PUNCT
fbem-7825	31	54	there	there	PRON
fbem-7825	31	55	were	be	VERB
fbem-7825	31	56	significant	significant	ADJ
fbem-7825	31	57	differences	difference	NOUN
fbem-7825	31	58	in	in	ADP
fbem-7825	31	59	governance	governance	NOUN
fbem-7825	31	60	effects	effect	NOUN
fbem-7825	31	61	.	.	PUNCT
fbem-7825	32	1	the	the	DET
fbem-7825	32	2	second	second	ADJ
fbem-7825	32	3	is	be	AUX
fbem-7825	32	4	the	the	DET
fbem-7825	32	5	influence	influence	NOUN
fbem-7825	32	6	of	of	ADP
fbem-7825	32	7	executive	executive	ADJ
fbem-7825	32	8	vertical	vertical	ADJ
fbem-7825	32	9	concurrent	concurrent	ADJ
fbem-7825	32	10	position	position	NOUN
fbem-7825	32	11	on	on	ADP
fbem-7825	32	12	enterprise	enterprise	NOUN
fbem-7825	32	13	investment	investment	NOUN
fbem-7825	32	14	efficiency	efficiency	NOUN
fbem-7825	32	15	.	.	PUNCT
fbem-7825	33	1	zheng	zheng	PROPN
fbem-7825	33	2	gao	gao	PROPN
fbem-7825	33	3	ping	ping	PROPN
fbem-7825	33	4	and	and	CCONJ
fbem-7825	33	5	xue	xue	PROPN
fbem-7825	33	6	jian	jian	PROPN
fbem-7825	33	7	(	(	PUNCT
fbem-7825	33	8	2014	2014	NUM
fbem-7825	33	9	)	)	PUNCT
fbem-7825	33	10	pointed	point	VERB
fbem-7825	33	11	out	out	ADP
fbem-7825	33	12	in	in	ADP
fbem-7825	33	13	their	their	PRON
fbem-7825	33	14	research	research	NOUN
fbem-7825	33	15	that	that	SCONJ
fbem-7825	33	16	there	there	PRON
fbem-7825	33	17	were	be	VERB
fbem-7825	33	18	listed	list	VERB
fbem-7825	33	19	companies	company	NOUN
fbem-7825	33	20	in	in	ADP
fbem-7825	33	21	which	which	PRON
fbem-7825	33	22	senior	senior	ADJ
fbem-7825	33	23	executives	executive	NOUN
fbem-7825	33	24	concurrently	concurrently	ADV
fbem-7825	33	25	held	hold	VERB
fbem-7825	33	26	vertical	vertical	ADJ
fbem-7825	33	27	positions	position	NOUN
fbem-7825	33	28	,	,	PUNCT
fbem-7825	33	29	and	and	CCONJ
fbem-7825	33	30	the	the	DET
fbem-7825	33	31	value	value	NOUN
fbem-7825	33	32	of	of	ADP
fbem-7825	33	33	the	the	DET
fbem-7825	33	34	companies	company	NOUN
fbem-7825	33	35	decreased	decrease	VERB
fbem-7825	33	36	significantly	significantly	ADV
fbem-7825	33	37	.	.	PUNCT
fbem-7825	34	1	although	although	SCONJ
fbem-7825	34	2	concurrently	concurrently	ADV
fbem-7825	34	3	serving	serve	VERB
fbem-7825	34	4	as	as	ADP
fbem-7825	34	5	senior	senior	ADJ
fbem-7825	34	6	executives	executive	NOUN
fbem-7825	34	7	can	can	AUX
fbem-7825	34	8	strengthen	strengthen	VERB
fbem-7825	34	9	shareholders	shareholder	NOUN
fbem-7825	34	10	'	'	PART
fbem-7825	34	11	control	control	NOUN
fbem-7825	34	12	over	over	ADP
fbem-7825	34	13	the	the	DET
fbem-7825	34	14	company	company	NOUN
fbem-7825	34	15	,	,	PUNCT
fbem-7825	34	16	such	such	ADJ
fbem-7825	34	17	control	control	NOUN
fbem-7825	34	18	does	do	AUX
fbem-7825	34	19	not	not	PART
fbem-7825	34	20	substantially	substantially	ADV
fbem-7825	34	21	improve	improve	VERB
fbem-7825	34	22	the	the	DET
fbem-7825	34	23	value	value	NOUN
fbem-7825	34	24	of	of	ADP
fbem-7825	34	25	the	the	DET
fbem-7825	34	26	company	company	NOUN
fbem-7825	34	27	.	.	PUNCT
fbem-7825	35	1	more	more	ADV
fbem-7825	35	2	importantly	importantly	ADV
fbem-7825	35	3	,	,	PUNCT
fbem-7825	35	4	it	it	PRON
fbem-7825	35	5	provides	provide	VERB
fbem-7825	35	6	convenience	convenience	NOUN
fbem-7825	35	7	for	for	SCONJ
fbem-7825	35	8	shareholders	shareholder	NOUN
fbem-7825	35	9	to	to	PART
fbem-7825	35	10	seize	seize	VERB
fbem-7825	35	11	the	the	DET
fbem-7825	35	12	interests	interest	NOUN
fbem-7825	35	13	of	of	ADP
fbem-7825	35	14	minority	minority	NOUN
fbem-7825	35	15	shareholders	shareholder	NOUN
fbem-7825	35	16	.	.	PUNCT
fbem-7825	36	1	yan	yan	PROPN
fbem-7825	36	2	zhenli	zhenli	PROPN
fbem-7825	36	3	and	and	CCONJ
fbem-7825	36	4	liang	liang	PROPN
fbem-7825	36	5	shangkun	shangkun	PROPN
fbem-7825	36	6	(	(	PUNCT
fbem-7825	36	7	2021	2021	NUM
fbem-7825	36	8	)	)	PUNCT
fbem-7825	36	9	made	make	VERB
fbem-7825	36	10	use	use	NOUN
fbem-7825	36	11	of	of	ADP
fbem-7825	36	12	the	the	DET
fbem-7825	36	13	data	datum	NOUN
fbem-7825	36	14	of	of	ADP
fbem-7825	36	15	listed	list	VERB
fbem-7825	36	16	companies	company	NOUN
fbem-7825	36	17	from	from	ADP
fbem-7825	36	18	2009	2009	NUM
fbem-7825	36	19	to	to	ADP
fbem-7825	36	20	2016	2016	NUM
fbem-7825	36	21	to	to	PART
fbem-7825	36	22	study	study	VERB
fbem-7825	36	23	the	the	DET
fbem-7825	36	24	impact	impact	NOUN
fbem-7825	36	25	of	of	ADP
fbem-7825	36	26	vertical	vertical	ADJ
fbem-7825	36	27	concurrent	concurrent	ADJ
fbem-7825	36	28	executive	executive	ADJ
fbem-7825	36	29	positions	position	NOUN
fbem-7825	36	30	on	on	ADP
fbem-7825	36	31	corporate	corporate	ADJ
fbem-7825	36	32	investment	investment	NOUN
fbem-7825	36	33	efficiency	efficiency	NOUN
fbem-7825	36	34	.	.	PUNCT
fbem-7825	37	1	the	the	DET
fbem-7825	37	2	results	result	NOUN
fbem-7825	37	3	show	show	VERB
fbem-7825	37	4	that	that	SCONJ
fbem-7825	37	5	the	the	DET
fbem-7825	37	6	vertical	vertical	ADJ
fbem-7825	37	7	concurrent	concurrent	ADJ
fbem-7825	37	8	position	position	NOUN
fbem-7825	37	9	of	of	ADP
fbem-7825	37	10	senior	senior	ADJ
fbem-7825	37	11	executives	executive	NOUN
fbem-7825	37	12	has	have	VERB
fbem-7825	37	13	an	an	DET
fbem-7825	37	14	obvious	obvious	ADJ
fbem-7825	37	15	inhibitory	inhibitory	ADJ
fbem-7825	37	16	effect	effect	NOUN
fbem-7825	37	17	on	on	ADP
fbem-7825	37	18	the	the	DET
fbem-7825	37	19	investment	investment	NOUN
fbem-7825	37	20	efficiency	efficiency	NOUN
fbem-7825	37	21	of	of	ADP
fbem-7825	37	22	enterprises	enterprise	NOUN
fbem-7825	37	23	,	,	PUNCT
fbem-7825	37	24	and	and	CCONJ
fbem-7825	37	25	this	this	DET
fbem-7825	37	26	inhibitory	inhibitory	ADJ
fbem-7825	37	27	effect	effect	NOUN
fbem-7825	37	28	is	be	AUX
fbem-7825	37	29	more	more	ADV
fbem-7825	37	30	obvious	obvious	ADJ
fbem-7825	37	31	in	in	ADP
fbem-7825	37	32	nonstate	nonstate	ADJ
fbem-7825	37	33	-	-	PUNCT
fbem-7825	37	34	owned	own	VERB
fbem-7825	37	35	enterprises	enterprise	NOUN
fbem-7825	37	36	and	and	CCONJ
fbem-7825	37	37	enterprises	enterprise	NOUN
fbem-7825	37	38	with	with	ADP
fbem-7825	37	39	a	a	DET
fbem-7825	37	40	high	high	ADJ
fbem-7825	37	41	degree	degree	NOUN
fbem-7825	37	42	of	of	ADP
fbem-7825	37	43	separation	separation	NOUN
fbem-7825	37	44	of	of	ADP
fbem-7825	37	45	two	two	NUM
fbem-7825	37	46	powers	power	NOUN
fbem-7825	37	47	.	.	PUNCT
fbem-7825	38	1	third	third	ADV
fbem-7825	38	2	,	,	PUNCT
fbem-7825	38	3	the	the	DET
fbem-7825	38	4	influence	influence	NOUN
fbem-7825	38	5	of	of	ADP
fbem-7825	38	6	executive	executive	ADJ
fbem-7825	38	7	vertical	vertical	ADJ
fbem-7825	38	8	concurrent	concurrent	ADJ
fbem-7825	38	9	position	position	NOUN
fbem-7825	38	10	on	on	ADP
fbem-7825	38	11	enterprise	enterprise	NOUN
fbem-7825	38	12	violations	violation	NOUN
fbem-7825	38	13	.	.	PUNCT
fbem-7825	39	1	qiao	qiao	PROPN
fbem-7825	39	2	fei	fei	PROPN
fbem-7825	39	3	and	and	CCONJ
fbem-7825	39	4	wen	wen	PROPN
fbem-7825	39	5	wen	wen	PROPN
fbem-7825	39	6	(	(	PUNCT
fbem-7825	39	7	2021	2021	NUM
fbem-7825	39	8	)	)	PUNCT
fbem-7825	39	9	used	use	VERB
fbem-7825	39	10	a	a	DET
fbem-7825	39	11	-	-	PUNCT
fbem-7825	39	12	share	share	NOUN
fbem-7825	39	13	listed	list	VERB
fbem-7825	39	14	companies	company	NOUN
fbem-7825	39	15	in	in	ADP
fbem-7825	39	16	shanghai	shanghai	PROPN
fbem-7825	39	17	and	and	CCONJ
fbem-7825	39	18	shenzhen	shenzhen	PROPN
fbem-7825	39	19	from	from	ADP
fbem-7825	39	20	2003	2003	NUM
fbem-7825	39	21	to	to	ADP
fbem-7825	39	22	2018	2018	NUM
fbem-7825	39	23	as	as	ADP
fbem-7825	39	24	research	research	NOUN
fbem-7825	39	25	samples	sample	NOUN
fbem-7825	39	26	to	to	PART
fbem-7825	39	27	empirically	empirically	ADV
fbem-7825	39	28	investigate	investigate	VERB
fbem-7825	39	29	the	the	DET
fbem-7825	39	30	influence	influence	NOUN
fbem-7825	39	31	of	of	ADP
fbem-7825	39	32	vertical	vertical	ADJ
fbem-7825	39	33	concurrent	concurrent	ADJ
fbem-7825	39	34	appointment	appointment	NOUN
fbem-7825	39	35	of	of	ADP
fbem-7825	39	36	senior	senior	ADJ
fbem-7825	39	37	executives	executive	NOUN
fbem-7825	39	38	on	on	ADP
fbem-7825	39	39	corporate	corporate	ADJ
fbem-7825	39	40	violations	violation	NOUN
fbem-7825	39	41	,	,	PUNCT
fbem-7825	39	42	and	and	CCONJ
fbem-7825	39	43	also	also	ADV
fbem-7825	39	44	proved	prove	VERB
fbem-7825	39	45	the	the	DET
fbem-7825	39	46	inhibiting	inhibit	VERB
fbem-7825	39	47	effect	effect	NOUN
fbem-7825	39	48	of	of	ADP
fbem-7825	39	49	vertical	vertical	ADJ
fbem-7825	39	50	concurrent	concurrent	ADJ
fbem-7825	39	51	appointment	appointment	NOUN
fbem-7825	39	52	of	of	ADP
fbem-7825	39	53	senior	senior	ADJ
fbem-7825	39	54	executives	executive	NOUN
fbem-7825	39	55	on	on	ADP
fbem-7825	39	56	the	the	DET
fbem-7825	39	57	tendency	tendency	NOUN
fbem-7825	39	58	and	and	CCONJ
fbem-7825	39	59	frequency	frequency	NOUN
fbem-7825	39	60	of	of	ADP
fbem-7825	39	61	corporate	corporate	ADJ
fbem-7825	39	62	violations	violation	NOUN
fbem-7825	39	63	.	.	PUNCT
fbem-7825	40	1	different	different	ADJ
fbem-7825	40	2	from	from	ADP
fbem-7825	40	3	other	other	ADJ
fbem-7825	40	4	literatures	literature	NOUN
fbem-7825	40	5	,	,	PUNCT
fbem-7825	40	6	they	they	PRON
fbem-7825	40	7	concluded	conclude	VERB
fbem-7825	40	8	that	that	SCONJ
fbem-7825	40	9	this	this	DET
fbem-7825	40	10	inhibitory	inhibitory	ADJ
fbem-7825	40	11	effect	effect	NOUN
fbem-7825	40	12	was	be	AUX
fbem-7825	40	13	present	present	ADJ
fbem-7825	40	14	when	when	SCONJ
fbem-7825	40	15	distinguishing	distinguish	VERB
fbem-7825	40	16	between	between	ADP
fbem-7825	40	17	different	different	ADJ
fbem-7825	40	18	types	type	NOUN
fbem-7825	40	19	of	of	ADP
fbem-7825	40	20	chairman	chairman	NOUN
fbem-7825	40	21	and	and	CCONJ
fbem-7825	40	22	general	general	ADJ
fbem-7825	40	23	manager	manager	NOUN
fbem-7825	40	24	.	.	PUNCT
fbem-7825	41	1	suma	suma	PROPN
fbem-7825	41	2	zeng	zeng	PROPN
fbem-7825	41	3	and	and	CCONJ
fbem-7825	41	4	han	han	PROPN
fbem-7825	41	5	jinhong	jinhong	PROPN
fbem-7825	41	6	(	(	PUNCT
fbem-7825	41	7	2020	2020	NUM
fbem-7825	41	8	)	)	PUNCT
fbem-7825	41	9	,	,	PUNCT
fbem-7825	41	10	taking	take	VERB
fbem-7825	41	11	chinese	chinese	ADJ
fbem-7825	41	12	a	a	DET
fbem-7825	41	13	-	-	PUNCT
fbem-7825	41	14	share	share	NOUN
fbem-7825	41	15	listed	list	VERB
fbem-7825	41	16	companies	company	NOUN
fbem-7825	41	17	from	from	ADP
fbem-7825	41	18	2007	2007	NUM
fbem-7825	41	19	to	to	ADP
fbem-7825	41	20	2017	2017	NUM
fbem-7825	41	21	as	as	ADP
fbem-7825	41	22	samples	sample	NOUN
fbem-7825	41	23	,	,	PUNCT
fbem-7825	41	24	studied	study	VERB
fbem-7825	41	25	the	the	DET
fbem-7825	41	26	impact	impact	NOUN
fbem-7825	41	27	of	of	ADP
fbem-7825	41	28	vertical	vertical	ADJ
fbem-7825	41	29	executive	executive	NOUN
fbem-7825	41	30	summing	sum	VERB
fbem-7825	41	31	on	on	ADP
fbem-7825	41	32	stock	stock	NOUN
fbem-7825	41	33	price	price	NOUN
fbem-7825	41	34	crash	crash	NOUN
fbem-7825	41	35	risk	risk	NOUN
fbem-7825	41	36	.	.	PUNCT
fbem-7825	42	1	after	after	ADP
fbem-7825	42	2	a	a	DET
fbem-7825	42	3	series	series	NOUN
fbem-7825	42	4	of	of	ADP
fbem-7825	42	5	robustness	robustness	NOUN
fbem-7825	42	6	tests	test	NOUN
fbem-7825	42	7	,	,	PUNCT
fbem-7825	42	8	similar	similar	ADJ
fbem-7825	42	9	conclusions	conclusion	NOUN
fbem-7825	42	10	were	be	AUX
fbem-7825	42	11	reached	reach	VERB
fbem-7825	42	12	.	.	PUNCT
fbem-7825	43	1	on	on	ADP
fbem-7825	43	2	the	the	DET
fbem-7825	43	3	whole	whole	NOUN
fbem-7825	43	4	,	,	PUNCT
fbem-7825	43	5	there	there	PRON
fbem-7825	43	6	are	be	VERB
fbem-7825	43	7	still	still	ADV
fbem-7825	43	8	no	no	DET
fbem-7825	43	9	consistent	consistent	ADJ
fbem-7825	43	10	conclusions	conclusion	NOUN
fbem-7825	43	11	on	on	ADP
fbem-7825	43	12	the	the	DET
fbem-7825	43	13	impact	impact	NOUN
fbem-7825	43	14	of	of	ADP
fbem-7825	43	15	vertical	vertical	ADJ
fbem-7825	43	16	concurrent	concurrent	ADJ
fbem-7825	43	17	executive	executive	ADJ
fbem-7825	43	18	positions	position	NOUN
fbem-7825	43	19	on	on	ADP
fbem-7825	43	20	corporate	corporate	ADJ
fbem-7825	43	21	green	green	ADJ
fbem-7825	43	22	innovation	innovation	NOUN
fbem-7825	43	23	in	in	ADP
fbem-7825	43	24	literature	literature	NOUN
fbem-7825	43	25	,	,	PUNCT
fbem-7825	43	26	which	which	PRON
fbem-7825	43	27	also	also	ADV
fbem-7825	43	28	provides	provide	VERB
fbem-7825	43	29	an	an	DET
fbem-7825	43	30	opportunity	opportunity	NOUN
fbem-7825	43	31	for	for	ADP
fbem-7825	43	32	empirical	empirical	ADJ
fbem-7825	43	33	investigation	investigation	NOUN
fbem-7825	43	34	in	in	ADP
fbem-7825	43	35	this	this	DET
fbem-7825	43	36	paper	paper	NOUN
fbem-7825	43	37	.	.	PUNCT
fbem-7825	44	1	2.2	2.2	NUM
fbem-7825	44	2	.	.	PUNCT
fbem-7825	44	3	theoretical	theoretical	ADJ
fbem-7825	44	4	mechanism	mechanism	NOUN
fbem-7825	44	5	in	in	ADP
fbem-7825	44	6	theory	theory	NOUN
fbem-7825	44	7	,	,	PUNCT
fbem-7825	44	8	the	the	DET
fbem-7825	44	9	vertical	vertical	ADJ
fbem-7825	44	10	concurrent	concurrent	ADJ
fbem-7825	44	11	position	position	NOUN
fbem-7825	44	12	of	of	ADP
fbem-7825	44	13	senior	senior	ADJ
fbem-7825	44	14	executives	executive	NOUN
fbem-7825	44	15	has	have	VERB
fbem-7825	44	16	two	two	NUM
fbem-7825	44	17	impacts	impact	NOUN
fbem-7825	44	18	on	on	ADP
fbem-7825	44	19	green	green	ADJ
fbem-7825	44	20	innovation	innovation	NOUN
fbem-7825	44	21	of	of	ADP
fbem-7825	44	22	enterprises	enterprise	NOUN
fbem-7825	44	23	.	.	PUNCT
fbem-7825	45	1	on	on	ADP
fbem-7825	45	2	the	the	DET
fbem-7825	45	3	one	one	NUM
fbem-7825	45	4	hand	hand	NOUN
fbem-7825	45	5	,	,	PUNCT
fbem-7825	45	6	there	there	PRON
fbem-7825	45	7	is	be	VERB
fbem-7825	45	8	positive	positive	ADJ
fbem-7825	45	9	facilitation	facilitation	NOUN
fbem-7825	45	10	.	.	PUNCT
fbem-7825	46	1	generally	generally	ADV
fbem-7825	46	2	speaking	speak	VERB
fbem-7825	46	3	,	,	PUNCT
fbem-7825	46	4	the	the	DET
fbem-7825	46	5	major	major	ADJ
fbem-7825	46	6	shareholders	shareholder	NOUN
fbem-7825	46	7	of	of	ADP
fbem-7825	46	8	listed	list	VERB
fbem-7825	46	9	enterprises	enterprise	NOUN
fbem-7825	46	10	with	with	ADP
fbem-7825	46	11	vertical	vertical	ADJ
fbem-7825	46	12	executive	executive	ADJ
fbem-7825	46	13	positions	position	NOUN
fbem-7825	46	14	often	often	ADV
fbem-7825	46	15	have	have	VERB
fbem-7825	46	16	clear	clear	ADJ
fbem-7825	46	17	corporate	corporate	ADJ
fbem-7825	46	18	development	development	NOUN
fbem-7825	46	19	strategies	strategy	NOUN
fbem-7825	46	20	.	.	PUNCT
fbem-7825	47	1	driven	drive	VERB
fbem-7825	47	2	by	by	ADP
fbem-7825	47	3	the	the	DET
fbem-7825	47	4	wave	wave	NOUN
fbem-7825	47	5	of	of	ADP
fbem-7825	47	6	digital	digital	ADJ
fbem-7825	47	7	economy	economy	NOUN
fbem-7825	47	8	,	,	PUNCT
fbem-7825	47	9	they	they	PRON
fbem-7825	47	10	can	can	AUX
fbem-7825	47	11	take	take	VERB
fbem-7825	47	12	the	the	DET
fbem-7825	47	13	lead	lead	NOUN
fbem-7825	47	14	in	in	ADP
fbem-7825	47	15	realizing	realize	VERB
fbem-7825	47	16	the	the	DET
fbem-7825	47	17	significance	significance	NOUN
fbem-7825	47	18	of	of	ADP
fbem-7825	47	19	corporate	corporate	ADJ
fbem-7825	47	20	green	green	ADJ
fbem-7825	47	21	innovation	innovation	NOUN
fbem-7825	47	22	for	for	ADP
fbem-7825	47	23	high	high	ADJ
fbem-7825	47	24	-	-	PUNCT
fbem-7825	47	25	quality	quality	NOUN
fbem-7825	47	26	economic	economic	ADJ
fbem-7825	47	27	development	development	NOUN
fbem-7825	47	28	,	,	PUNCT
fbem-7825	47	29	and	and	CCONJ
fbem-7825	47	30	then	then	ADV
fbem-7825	47	31	optimize	optimize	VERB
fbem-7825	47	32	corporate	corporate	ADJ
fbem-7825	47	33	investment	investment	NOUN
fbem-7825	47	34	through	through	ADP
fbem-7825	47	35	digital	digital	ADJ
fbem-7825	47	36	transformation	transformation	NOUN
fbem-7825	47	37	to	to	PART
fbem-7825	47	38	better	well	ADV
fbem-7825	47	39	play	play	VERB
fbem-7825	47	40	the	the	DET
fbem-7825	47	41	advantages	advantage	NOUN
fbem-7825	47	42	of	of	ADP
fbem-7825	47	43	enterprises	enterprise	NOUN
fbem-7825	47	44	in	in	ADP
fbem-7825	47	45	building	build	VERB
fbem-7825	47	46	new	new	ADJ
fbem-7825	47	47	green	green	ADJ
fbem-7825	47	48	innovation	innovation	NOUN
fbem-7825	47	49	ground	ground	NOUN
fbem-7825	47	50	.	.	PUNCT
fbem-7825	48	1	at	at	ADP
fbem-7825	48	2	the	the	DET
fbem-7825	48	3	same	same	ADJ
fbem-7825	48	4	time	time	NOUN
fbem-7825	48	5	,	,	PUNCT
fbem-7825	48	6	the	the	DET
fbem-7825	48	7	vertical	vertical	ADJ
fbem-7825	48	8	concurrent	concurrent	ADJ
fbem-7825	48	9	position	position	NOUN
fbem-7825	48	10	of	of	ADP
fbem-7825	48	11	senior	senior	ADJ
fbem-7825	48	12	executives	executive	NOUN
fbem-7825	48	13	can	can	AUX
fbem-7825	48	14	also	also	ADV
fbem-7825	48	15	play	play	VERB
fbem-7825	48	16	a	a	DET
fbem-7825	48	17	supervisory	supervisory	ADJ
fbem-7825	48	18	role	role	NOUN
fbem-7825	48	19	in	in	ADP
fbem-7825	48	20	the	the	DET
fbem-7825	48	21	management	management	NOUN
fbem-7825	48	22	of	of	ADP
fbem-7825	48	23	listed	list	VERB
fbem-7825	48	24	enterprises	enterprise	NOUN
fbem-7825	48	25	,	,	PUNCT
fbem-7825	48	26	strengthen	strengthen	VERB
fbem-7825	48	27	the	the	DET
fbem-7825	48	28	quality	quality	NOUN
fbem-7825	48	29	of	of	ADP
fbem-7825	48	30	accounting	accounting	NOUN
fbem-7825	48	31	information	information	NOUN
fbem-7825	48	32	disclosure	disclosure	NOUN
fbem-7825	48	33	of	of	ADP
fbem-7825	48	34	enterprises	enterprise	NOUN
fbem-7825	48	35	,	,	PUNCT
fbem-7825	48	36	reduce	reduce	VERB
fbem-7825	48	37	the	the	DET
fbem-7825	48	38	opportunistic	opportunistic	ADJ
fbem-7825	48	39	behavior	behavior	NOUN
fbem-7825	48	40	of	of	ADP
fbem-7825	48	41	management	management	NOUN
fbem-7825	48	42	,	,	PUNCT
fbem-7825	48	43	avoid	avoid	VERB
fbem-7825	48	44	ineffective	ineffective	ADJ
fbem-7825	48	45	investment	investment	NOUN
fbem-7825	48	46	,	,	PUNCT
fbem-7825	48	47	and	and	CCONJ
fbem-7825	48	48	promote	promote	VERB
fbem-7825	48	49	the	the	DET
fbem-7825	48	50	green	green	ADJ
fbem-7825	48	51	innovation	innovation	NOUN
fbem-7825	48	52	of	of	ADP
fbem-7825	48	53	enterprises	enterprise	NOUN
fbem-7825	48	54	,	,	PUNCT
fbem-7825	48	55	which	which	PRON
fbem-7825	48	56	can	can	AUX
fbem-7825	48	57	alleviate	alleviate	VERB
fbem-7825	48	58	the	the	DET
fbem-7825	48	59	agency	agency	NOUN
fbem-7825	48	60	problems	problem	NOUN
fbem-7825	48	61	caused	cause	VERB
fbem-7825	48	62	by	by	ADP
fbem-7825	48	63	information	information	NOUN
fbem-7825	48	64	asymmetry	asymmetry	NOUN
fbem-7825	48	65	.	.	PUNCT
fbem-7825	49	1	on	on	ADP
fbem-7825	49	2	the	the	DET
fbem-7825	49	3	other	other	ADJ
fbem-7825	49	4	hand	hand	NOUN
fbem-7825	49	5	,	,	PUNCT
fbem-7825	49	6	there	there	PRON
fbem-7825	49	7	is	be	VERB
fbem-7825	49	8	a	a	DET
fbem-7825	49	9	negative	negative	ADJ
fbem-7825	49	10	inhibitory	inhibitory	ADJ
fbem-7825	49	11	effect	effect	NOUN
fbem-7825	49	12	.	.	PUNCT
fbem-7825	50	1	large	large	ADJ
fbem-7825	50	2	shareholders	shareholder	NOUN
fbem-7825	50	3	with	with	ADP
fbem-7825	50	4	vertical	vertical	ADJ
fbem-7825	50	5	concurrent	concurrent	ADJ
fbem-7825	50	6	positions	position	NOUN
fbem-7825	50	7	may	may	AUX
fbem-7825	50	8	not	not	PART
fbem-7825	50	9	only	only	ADV
fbem-7825	50	10	optimize	optimize	VERB
fbem-7825	50	11	corporate	corporate	ADJ
fbem-7825	50	12	investment	investment	NOUN
fbem-7825	50	13	and	and	CCONJ
fbem-7825	50	14	improve	improve	VERB
fbem-7825	50	15	the	the	DET
fbem-7825	50	16	efficiency	efficiency	NOUN
fbem-7825	50	17	of	of	ADP
fbem-7825	50	18	corporate	corporate	ADJ
fbem-7825	50	19	resource	resource	NOUN
fbem-7825	50	20	allocation	allocation	NOUN
fbem-7825	50	21	,	,	PUNCT
fbem-7825	50	22	but	but	CCONJ
fbem-7825	50	23	also	also	ADV
fbem-7825	50	24	occupy	occupy	VERB
fbem-7825	50	25	the	the	DET
fbem-7825	50	26	resources	resource	NOUN
fbem-7825	50	27	of	of	ADP
fbem-7825	50	28	listed	list	VERB
fbem-7825	50	29	enterprises	enterprise	NOUN
fbem-7825	50	30	due	due	ADP
fbem-7825	50	31	to	to	ADP
fbem-7825	50	32	their	their	PRON
fbem-7825	50	33	own	own	ADJ
fbem-7825	50	34	rent	rent	NOUN
fbem-7825	50	35	-	-	PUNCT
fbem-7825	50	36	seeking	seek	VERB
fbem-7825	50	37	motives	motive	NOUN
fbem-7825	50	38	,	,	PUNCT
fbem-7825	50	39	instead	instead	ADV
fbem-7825	50	40	of	of	ADP
fbem-7825	50	41	promoting	promote	VERB
fbem-7825	50	42	effective	effective	ADJ
fbem-7825	50	43	corporate	corporate	ADJ
fbem-7825	50	44	governance	governance	NOUN
fbem-7825	50	45	.	.	PUNCT
fbem-7825	51	1	major	major	ADJ
fbem-7825	51	2	shareholders	shareholder	NOUN
fbem-7825	51	3	have	have	VERB
fbem-7825	51	4	more	more	ADJ
fbem-7825	51	5	decision	decision	NOUN
fbem-7825	51	6	-	-	PUNCT
fbem-7825	51	7	making	make	VERB
fbem-7825	51	8	power	power	NOUN
fbem-7825	51	9	in	in	ADP
fbem-7825	51	10	corporate	corporate	ADJ
fbem-7825	51	11	investment	investment	NOUN
fbem-7825	51	12	behavior	behavior	NOUN
fbem-7825	51	13	,	,	PUNCT
fbem-7825	51	14	so	so	SCONJ
fbem-7825	51	15	they	they	PRON
fbem-7825	51	16	may	may	AUX
fbem-7825	51	17	be	be	AUX
fbem-7825	51	18	more	more	ADV
fbem-7825	51	19	inclined	inclined	ADJ
fbem-7825	51	20	to	to	PART
fbem-7825	51	21	induce	induce	VERB
fbem-7825	51	22	enterprises	enterprise	NOUN
fbem-7825	51	23	to	to	PART
fbem-7825	51	24	invest	invest	VERB
fbem-7825	51	25	in	in	ADP
fbem-7825	51	26	projects	project	NOUN
fbem-7825	51	27	with	with	ADP
fbem-7825	51	28	high	high	ADJ
fbem-7825	51	29	short	short	ADJ
fbem-7825	51	30	-	-	PUNCT
fbem-7825	51	31	term	term	NOUN
fbem-7825	51	32	returns	return	NOUN
fbem-7825	51	33	,	,	PUNCT
fbem-7825	51	34	while	while	SCONJ
fbem-7825	51	35	green	green	ADJ
fbem-7825	51	36	innovation	innovation	NOUN
fbem-7825	51	37	,	,	PUNCT
fbem-7825	51	38	which	which	PRON
fbem-7825	51	39	is	be	AUX
fbem-7825	51	40	not	not	PART
fbem-7825	51	41	obvious	obvious	ADJ
fbem-7825	51	42	in	in	ADP
fbem-7825	51	43	the	the	DET
fbem-7825	51	44	short	short	ADJ
fbem-7825	51	45	term	term	NOUN
fbem-7825	51	46	,	,	PUNCT
fbem-7825	51	47	is	be	AUX
fbem-7825	51	48	obviously	obviously	ADV
fbem-7825	51	49	not	not	PART
fbem-7825	51	50	the	the	DET
fbem-7825	51	51	focus	focus	NOUN
fbem-7825	51	52	of	of	ADP
fbem-7825	51	53	attention	attention	NOUN
fbem-7825	51	54	.	.	PUNCT
fbem-7825	52	1	therefore	therefore	ADV
fbem-7825	52	2	,	,	PUNCT
fbem-7825	52	3	driven	drive	VERB
fbem-7825	52	4	by	by	ADP
fbem-7825	52	5	rent	rent	NOUN
fbem-7825	52	6	-	-	PUNCT
fbem-7825	52	7	seeking	seek	VERB
fbem-7825	52	8	behavior	behavior	NOUN
fbem-7825	52	9	,	,	PUNCT
fbem-7825	52	10	the	the	DET
fbem-7825	52	11	resources	resource	NOUN
fbem-7825	52	12	required	require	VERB
fbem-7825	52	13	by	by	ADP
fbem-7825	52	14	enterprises	enterprise	NOUN
fbem-7825	52	15	to	to	PART
fbem-7825	52	16	carry	carry	VERB
fbem-7825	52	17	out	out	ADP
fbem-7825	52	18	green	green	ADJ
fbem-7825	52	19	innovation	innovation	NOUN
fbem-7825	52	20	activities	activity	NOUN
fbem-7825	52	21	are	be	AUX
fbem-7825	52	22	crowded	crowd	VERB
fbem-7825	52	23	out	out	ADP
fbem-7825	52	24	,	,	PUNCT
fbem-7825	52	25	thus	thus	ADV
fbem-7825	52	26	reducing	reduce	VERB
fbem-7825	52	27	the	the	DET
fbem-7825	52	28	degree	degree	NOUN
fbem-7825	52	29	of	of	ADP
fbem-7825	52	30	green	green	ADJ
fbem-7825	52	31	innovation	innovation	NOUN
fbem-7825	52	32	of	of	ADP
fbem-7825	52	33	enterprises	enterprise	NOUN
fbem-7825	52	34	and	and	CCONJ
fbem-7825	52	35	showing	show	VERB
fbem-7825	52	36	an	an	DET
fbem-7825	52	37	inhibitory	inhibitory	ADJ
fbem-7825	52	38	effect	effect	NOUN
fbem-7825	52	39	.	.	PUNCT
fbem-7825	53	1	based	base	VERB
fbem-7825	53	2	on	on	ADP
fbem-7825	53	3	the	the	DET
fbem-7825	53	4	above	above	ADJ
fbem-7825	53	5	studies	study	NOUN
fbem-7825	53	6	,	,	PUNCT
fbem-7825	53	7	this	this	DET
fbem-7825	53	8	paper	paper	NOUN
fbem-7825	53	9	proposes	propose	VERB
fbem-7825	53	10	the	the	DET
fbem-7825	53	11	following	follow	VERB
fbem-7825	53	12	hypotheses	hypothesis	NOUN
fbem-7825	53	13	,	,	PUNCT
fbem-7825	53	14	which	which	PRON
fbem-7825	53	15	are	be	AUX
fbem-7825	53	16	proved	prove	VERB
fbem-7825	53	17	by	by	ADP
fbem-7825	53	18	empirical	empirical	ADJ
fbem-7825	53	19	evidence	evidence	NOUN
fbem-7825	53	20	:	:	PUNCT
fbem-7825	53	21	h1	h1	X
fbem-7825	53	22	:	:	PUNCT
fbem-7825	53	23	from	from	ADP
fbem-7825	53	24	the	the	DET
fbem-7825	53	25	perspective	perspective	NOUN
fbem-7825	53	26	of	of	ADP
fbem-7825	53	27	information	information	NOUN
fbem-7825	53	28	asymmetry	asymmetry	NOUN
fbem-7825	53	29	,	,	PUNCT
fbem-7825	53	30	the	the	DET
fbem-7825	53	31	vertical	vertical	ADJ
fbem-7825	53	32	concurrent	concurrent	ADJ
fbem-7825	53	33	position	position	NOUN
fbem-7825	53	34	of	of	ADP
fbem-7825	53	35	senior	senior	ADJ
fbem-7825	53	36	executives	executive	NOUN
fbem-7825	53	37	improves	improve	VERB
fbem-7825	53	38	the	the	DET
fbem-7825	53	39	degree	degree	NOUN
fbem-7825	53	40	of	of	ADP
fbem-7825	53	41	green	green	ADJ
fbem-7825	53	42	innovation	innovation	NOUN
fbem-7825	53	43	of	of	ADP
fbem-7825	53	44	enterprises	enterprise	NOUN
fbem-7825	53	45	.	.	PUNCT
fbem-7825	54	1	h2	h2	NOUN
fbem-7825	54	2	:	:	PUNCT
fbem-7825	54	3	under	under	ADP
fbem-7825	54	4	the	the	DET
fbem-7825	54	5	rent	rent	NOUN
fbem-7825	54	6	-	-	PUNCT
fbem-7825	54	7	seeking	seek	VERB
fbem-7825	54	8	motive	motive	NOUN
fbem-7825	54	9	,	,	PUNCT
fbem-7825	54	10	the	the	DET
fbem-7825	54	11	vertical	vertical	ADJ
fbem-7825	54	12	dual	dual	ADJ
fbem-7825	54	13	position	position	NOUN
fbem-7825	54	14	of	of	ADP
fbem-7825	54	15	senior	senior	ADJ
fbem-7825	54	16	executives	executive	NOUN
fbem-7825	54	17	inhibits	inhibit	VERB
fbem-7825	54	18	the	the	DET
fbem-7825	54	19	green	green	ADJ
fbem-7825	54	20	innovation	innovation	NOUN
fbem-7825	54	21	behavior	behavior	NOUN
fbem-7825	54	22	of	of	ADP
fbem-7825	54	23	enterprises	enterprise	NOUN
fbem-7825	54	24	.	.	PUNCT
fbem-7825	55	1	3	3	X
fbem-7825	55	2	.	.	X
fbem-7825	55	3	data	datum	NOUN
fbem-7825	55	4	source	source	NOUN
fbem-7825	55	5	and	and	CCONJ
fbem-7825	55	6	variable	variable	ADJ
fbem-7825	55	7	description	description	NOUN
fbem-7825	55	8	3.1	3.1	NUM
fbem-7825	55	9	.	.	PUNCT
fbem-7825	55	10	source	source	NOUN
fbem-7825	55	11	of	of	ADP
fbem-7825	55	12	sample	sample	NOUN
fbem-7825	55	13	data	datum	NOUN
fbem-7825	55	14	in	in	ADP
fbem-7825	55	15	this	this	DET
fbem-7825	55	16	paper	paper	NOUN
fbem-7825	55	17	,	,	PUNCT
fbem-7825	55	18	a	a	DET
fbem-7825	55	19	-	-	PUNCT
fbem-7825	55	20	share	share	NOUN
fbem-7825	55	21	non	non	ADJ
fbem-7825	55	22	-	-	ADJ
fbem-7825	55	23	financial	financial	ADJ
fbem-7825	55	24	listed	list	VERB
fbem-7825	55	25	companies	company	NOUN
fbem-7825	55	26	are	be	AUX
fbem-7825	55	27	selected	select	VERB
fbem-7825	55	28	as	as	ADP
fbem-7825	55	29	research	research	NOUN
fbem-7825	55	30	samples	sample	NOUN
fbem-7825	55	31	.	.	PUNCT
fbem-7825	56	1	the	the	DET
fbem-7825	56	2	sample	sample	NOUN
fbem-7825	56	3	period	period	NOUN
fbem-7825	56	4	is	be	AUX
fbem-7825	56	5	2015	2015	NUM
fbem-7825	56	6	-	-	SYM
fbem-7825	56	7	2020	2020	NUM
fbem-7825	56	8	,	,	PUNCT
fbem-7825	56	9	and	and	CCONJ
fbem-7825	56	10	the	the	DET
fbem-7825	56	11	characteristics	characteristic	NOUN
fbem-7825	56	12	data	datum	NOUN
fbem-7825	56	13	of	of	ADP
fbem-7825	56	14	senior	senior	ADJ
fbem-7825	56	15	executives	executive	NOUN
fbem-7825	56	16	and	and	CCONJ
fbem-7825	56	17	green	green	ADJ
fbem-7825	56	18	innovation	innovation	NOUN
fbem-7825	56	19	behavior	behavior	NOUN
fbem-7825	56	20	data	datum	NOUN
fbem-7825	56	21	of	of	ADP
fbem-7825	56	22	listed	list	VERB
fbem-7825	56	23	companies	company	NOUN
fbem-7825	56	24	are	be	AUX
fbem-7825	56	25	all	all	ADV
fbem-7825	56	26	from	from	ADP
fbem-7825	56	27	csmar	csmar	PROPN
fbem-7825	56	28	database	database	NOUN
fbem-7825	56	29	.	.	PUNCT
fbem-7825	57	1	during	during	ADP
fbem-7825	57	2	sample	sample	NOUN
fbem-7825	57	3	screening	screening	NOUN
fbem-7825	57	4	,	,	PUNCT
fbem-7825	57	5	the	the	DET
fbem-7825	57	6	following	follow	VERB
fbem-7825	57	7	criteria	criterion	NOUN
fbem-7825	57	8	were	be	AUX
fbem-7825	57	9	adopted	adopt	VERB
fbem-7825	57	10	:	:	PUNCT
fbem-7825	57	11	first	first	ADV
fbem-7825	57	12	,	,	PUNCT
fbem-7825	57	13	the	the	DET
fbem-7825	57	14	observation	observation	NOUN
fbem-7825	57	15	values	value	NOUN
fbem-7825	57	16	of	of	ADP
fbem-7825	57	17	st	st	PROPN
fbem-7825	57	18	abnormal	abnormal	ADJ
fbem-7825	57	19	companies	company	NOUN
fbem-7825	57	20	were	be	AUX
fbem-7825	57	21	eliminated	eliminate	VERB
fbem-7825	57	22	;	;	PUNCT
fbem-7825	57	23	second	second	X
fbem-7825	57	24	,	,	PUNCT
fbem-7825	57	25	sample	sample	NOUN
fbem-7825	57	26	observations	observation	NOUN
fbem-7825	57	27	with	with	ADP
fbem-7825	57	28	serious	serious	ADJ
fbem-7825	57	29	financial	financial	ADJ
fbem-7825	57	30	data	datum	NOUN
fbem-7825	57	31	missing	miss	VERB
fbem-7825	57	32	are	be	AUX
fbem-7825	57	33	eliminated	eliminate	VERB
fbem-7825	57	34	.	.	PUNCT
fbem-7825	58	1	third	third	ADV
fbem-7825	58	2	,	,	PUNCT
fbem-7825	58	3	eliminate	eliminate	VERB
fbem-7825	58	4	financial	financial	ADJ
fbem-7825	58	5	and	and	CCONJ
fbem-7825	58	6	real	real	ADJ
fbem-7825	58	7	estate	estate	NOUN
fbem-7825	58	8	enterprises	enterprise	NOUN
fbem-7825	58	9	.	.	PUNCT
fbem-7825	59	1	in	in	ADP
fbem-7825	59	2	order	order	NOUN
fbem-7825	59	3	to	to	PART
fbem-7825	59	4	avoid	avoid	VERB
fbem-7825	59	5	the	the	DET
fbem-7825	59	6	influence	influence	NOUN
fbem-7825	59	7	of	of	ADP
fbem-7825	59	8	extreme	extreme	ADJ
fbem-7825	59	9	values	value	NOUN
fbem-7825	59	10	,	,	PUNCT
fbem-7825	59	11	the	the	DET
fbem-7825	59	12	tail	tail	NOUN
fbem-7825	59	13	reduction	reduction	NOUN
fbem-7825	59	14	treatment	treatment	NOUN
fbem-7825	59	15	was	be	AUX
fbem-7825	59	16	carried	carry	VERB
fbem-7825	59	17	out	out	ADP
fbem-7825	59	18	on	on	ADP
fbem-7825	59	19	all	all	DET
fbem-7825	59	20	continuous	continuous	ADJ
fbem-7825	59	21	variables	variable	NOUN
fbem-7825	59	22	at	at	ADP
fbem-7825	59	23	the	the	DET
fbem-7825	59	24	level	level	NOUN
fbem-7825	59	25	of	of	ADP
fbem-7825	59	26	1	1	NUM
fbem-7825	59	27	%	%	NOUN
fbem-7825	59	28	,	,	PUNCT
fbem-7825	59	29	and	and	CCONJ
fbem-7825	59	30	the	the	DET
fbem-7825	59	31	final	final	ADJ
fbem-7825	59	32	effective	effective	ADJ
fbem-7825	59	33	sample	sample	NOUN
fbem-7825	59	34	observation	observation	NOUN
fbem-7825	59	35	value	value	NOUN
fbem-7825	59	36	was	be	AUX
fbem-7825	59	37	15,341	15,341	NUM
fbem-7825	59	38	.	.	PUNCT
fbem-7825	60	1	3.2	3.2	NUM
fbem-7825	60	2	.	.	PUNCT
fbem-7825	61	1	variable	variable	ADJ
fbem-7825	61	2	description	description	NOUN
fbem-7825	61	3	1	1	NUM
fbem-7825	61	4	)	)	PUNCT
fbem-7825	61	5	the	the	DET
fbem-7825	61	6	explanatory	explanatory	ADJ
fbem-7825	61	7	variable	variable	NOUN
fbem-7825	61	8	of	of	ADP
fbem-7825	61	9	this	this	DET
fbem-7825	61	10	paper	paper	NOUN
fbem-7825	61	11	is	be	AUX
fbem-7825	61	12	the	the	DET
fbem-7825	61	13	longitudinal	longitudinal	ADJ
fbem-7825	61	14	executive	executive	ADJ
fbem-7825	61	15	concurrent	concurrent	ADJ
fbem-7825	61	16	position	position	NOUN
fbem-7825	61	17	.	.	PUNCT
fbem-7825	62	1	the	the	DET
fbem-7825	62	2	dummy	dummy	ADJ
fbem-7825	62	3	variable	variable	NOUN
fbem-7825	62	4	is	be	AUX
fbem-7825	62	5	used	use	VERB
fbem-7825	62	6	for	for	ADP
fbem-7825	62	7	measurement	measurement	NOUN
fbem-7825	62	8	.	.	PUNCT
fbem-7825	63	1	if	if	SCONJ
fbem-7825	63	2	the	the	DET
fbem-7825	63	3	chairman	chairman	NOUN
fbem-7825	63	4	or	or	CCONJ
fbem-7825	63	5	general	general	ADJ
fbem-7825	63	6	manager	manager	NOUN
fbem-7825	63	7	of	of	ADP
fbem-7825	63	8	the	the	DET
fbem-7825	63	9	listed	list	VERB
fbem-7825	63	10	company	company	NOUN
fbem-7825	63	11	holds	hold	VERB
fbem-7825	63	12	the	the	DET
fbem-7825	63	13	post	post	NOUN
fbem-7825	63	14	in	in	ADP
fbem-7825	63	15	the	the	DET
fbem-7825	63	16	enterprise	enterprise	NOUN
fbem-7825	63	17	with	with	ADP
fbem-7825	63	18	the	the	DET
fbem-7825	63	19	main	main	ADJ
fbem-7825	63	20	controlling	control	VERB
fbem-7825	63	21	shareholder	shareholder	NOUN
fbem-7825	63	22	,	,	PUNCT
fbem-7825	63	23	that	that	ADV
fbem-7825	63	24	is	is	ADV
fbem-7825	63	25	,	,	PUNCT
fbem-7825	63	26	the	the	DET
fbem-7825	63	27	longitudinal	longitudinal	ADJ
fbem-7825	63	28	concurrent	concurrent	ADJ
fbem-7825	63	29	position	position	NOUN
fbem-7825	63	30	of	of	ADP
fbem-7825	63	31	senior	senior	ADJ
fbem-7825	63	32	executives	executive	NOUN
fbem-7825	63	33	exists	exist	VERB
fbem-7825	63	34	,	,	PUNCT
fbem-7825	63	35	then	then	ADV
fbem-7825	63	36	the	the	DET
fbem-7825	63	37	value	value	NOUN
fbem-7825	63	38	is	be	AUX
fbem-7825	63	39	1	1	NUM
fbem-7825	63	40	;	;	PUNCT
fbem-7825	63	41	otherwise	otherwise	ADV
fbem-7825	63	42	,	,	PUNCT
fbem-7825	63	43	it	it	PRON
fbem-7825	63	44	is	be	AUX
fbem-7825	63	45	0	0	NUM
fbem-7825	63	46	.	.	NOUN
fbem-7825	63	47	2	2	NUM
fbem-7825	63	48	)	)	PUNCT
fbem-7825	63	49	the	the	DET
fbem-7825	63	50	explained	explain	VERB
fbem-7825	63	51	variable	variable	NOUN
fbem-7825	63	52	of	of	ADP
fbem-7825	63	53	this	this	DET
fbem-7825	63	54	paper	paper	NOUN
fbem-7825	63	55	is	be	AUX
fbem-7825	63	56	enterprise	enterprise	NOUN
fbem-7825	63	57	green	green	ADJ
fbem-7825	63	58	innovation	innovation	NOUN
fbem-7825	63	59	.	.	PUNCT
fbem-7825	64	1	the	the	DET
fbem-7825	64	2	measurement	measurement	NOUN
fbem-7825	64	3	of	of	ADP
fbem-7825	64	4	enterprise	enterprise	NOUN
fbem-7825	64	5	green	green	ADJ
fbem-7825	64	6	innovation	innovation	NOUN
fbem-7825	64	7	in	in	ADP
fbem-7825	64	8	previous	previous	ADJ
fbem-7825	64	9	literature	literature	NOUN
fbem-7825	64	10	is	be	AUX
fbem-7825	64	11	mainly	mainly	ADV
fbem-7825	64	12	divided	divide	VERB
fbem-7825	64	13	into	into	ADP
fbem-7825	64	14	two	two	NUM
fbem-7825	64	15	categories	category	NOUN
fbem-7825	64	16	:	:	PUNCT
fbem-7825	64	17	one	one	NUM
fbem-7825	64	18	is	be	AUX
fbem-7825	64	19	from	from	ADP
fbem-7825	64	20	the	the	DET
fbem-7825	64	21	perspective	perspective	NOUN
fbem-7825	64	22	of	of	ADP
fbem-7825	64	23	green	green	ADJ
fbem-7825	64	24	innovation	innovation	NOUN
fbem-7825	64	25	input	input	NOUN
fbem-7825	64	26	of	of	ADP
fbem-7825	64	27	listed	list	VERB
fbem-7825	64	28	companies	company	NOUN
fbem-7825	64	29	,	,	PUNCT
fbem-7825	64	30	using	use	VERB
fbem-7825	64	31	the	the	DET
fbem-7825	64	32	total	total	ADJ
fbem-7825	64	33	r&d	r&d	NOUN
fbem-7825	64	34	input	input	NOUN
fbem-7825	64	35	,	,	PUNCT
fbem-7825	64	36	r&d	r&d	NOUN
fbem-7825	64	37	input	input	NOUN
fbem-7825	64	38	intensity	intensity	NOUN
fbem-7825	64	39	,	,	PUNCT
fbem-7825	64	40	136	136	NUM
fbem-7825	64	41	the	the	DET
fbem-7825	64	42	number	number	NOUN
fbem-7825	64	43	of	of	ADP
fbem-7825	64	44	r&d	r&d	NOUN
fbem-7825	64	45	personnel	personnel	NOUN
fbem-7825	64	46	,	,	PUNCT
fbem-7825	64	47	the	the	DET
fbem-7825	64	48	proportion	proportion	NOUN
fbem-7825	64	49	of	of	ADP
fbem-7825	64	50	the	the	DET
fbem-7825	64	51	number	number	NOUN
fbem-7825	64	52	of	of	ADP
fbem-7825	64	53	r&d	r&d	NOUN
fbem-7825	64	54	personnel	personnel	NOUN
fbem-7825	64	55	,	,	PUNCT
fbem-7825	64	56	capitalized	capitalize	VERB
fbem-7825	64	57	r&d	r&d	NOUN
fbem-7825	64	58	input	input	NOUN
fbem-7825	64	59	and	and	CCONJ
fbem-7825	64	60	the	the	DET
fbem-7825	64	61	proportion	proportion	NOUN
fbem-7825	64	62	of	of	ADP
fbem-7825	64	63	capitalized	capitalize	VERB
fbem-7825	64	64	r&d	r&d	NOUN
fbem-7825	64	65	input	input	NOUN
fbem-7825	64	66	to	to	ADP
fbem-7825	64	67	r&d	r&d	NOUN
fbem-7825	64	68	input	input	NOUN
fbem-7825	64	69	.	.	PUNCT
fbem-7825	65	1	the	the	DET
fbem-7825	65	2	other	other	ADJ
fbem-7825	65	3	is	be	AUX
fbem-7825	65	4	from	from	ADP
fbem-7825	65	5	the	the	DET
fbem-7825	65	6	perspective	perspective	NOUN
fbem-7825	65	7	of	of	ADP
fbem-7825	65	8	green	green	ADJ
fbem-7825	65	9	innovation	innovation	NOUN
fbem-7825	65	10	output	output	NOUN
fbem-7825	65	11	of	of	ADP
fbem-7825	65	12	listed	list	VERB
fbem-7825	65	13	companies	company	NOUN
fbem-7825	65	14	,	,	PUNCT
fbem-7825	65	15	using	use	VERB
fbem-7825	65	16	the	the	DET
fbem-7825	65	17	number	number	NOUN
fbem-7825	65	18	of	of	ADP
fbem-7825	65	19	green	green	ADJ
fbem-7825	65	20	patent	patent	NOUN
fbem-7825	65	21	applications	application	NOUN
fbem-7825	65	22	and	and	CCONJ
fbem-7825	65	23	green	green	ADJ
fbem-7825	65	24	patent	patent	NOUN
fbem-7825	65	25	acquisition	acquisition	NOUN
fbem-7825	65	26	indicators	indicator	NOUN
fbem-7825	65	27	to	to	PART
fbem-7825	65	28	measure	measure	VERB
fbem-7825	65	29	.	.	PUNCT
fbem-7825	66	1	referring	refer	VERB
fbem-7825	66	2	to	to	ADP
fbem-7825	66	3	the	the	DET
fbem-7825	66	4	research	research	NOUN
fbem-7825	66	5	of	of	ADP
fbem-7825	66	6	yan	yan	PROPN
fbem-7825	66	7	zhenli	zhenli	PROPN
fbem-7825	66	8	(	(	PUNCT
fbem-7825	66	9	2019	2019	NUM
fbem-7825	66	10	)	)	PUNCT
fbem-7825	66	11	,	,	PUNCT
fbem-7825	66	12	this	this	DET
fbem-7825	66	13	paper	paper	NOUN
fbem-7825	66	14	uses	use	VERB
fbem-7825	66	15	the	the	DET
fbem-7825	66	16	total	total	ADJ
fbem-7825	66	17	number	number	NOUN
fbem-7825	66	18	of	of	ADP
fbem-7825	66	19	green	green	ADJ
fbem-7825	66	20	patents	patent	NOUN
fbem-7825	66	21	independently	independently	ADV
fbem-7825	66	22	obtained	obtain	VERB
fbem-7825	66	23	in	in	ADP
fbem-7825	66	24	that	that	DET
fbem-7825	66	25	year	year	NOUN
fbem-7825	66	26	to	to	PART
fbem-7825	66	27	measure	measure	VERB
fbem-7825	66	28	the	the	DET
fbem-7825	66	29	level	level	NOUN
fbem-7825	66	30	of	of	ADP
fbem-7825	66	31	green	green	ADJ
fbem-7825	66	32	invention	invention	NOUN
fbem-7825	66	33	patents	patent	NOUN
fbem-7825	66	34	of	of	ADP
fbem-7825	66	35	enterprises	enterprise	NOUN
fbem-7825	66	36	.	.	PUNCT
fbem-7825	67	1	3	3	X
fbem-7825	67	2	)	)	PUNCT
fbem-7825	67	3	according	accord	VERB
fbem-7825	67	4	to	to	ADP
fbem-7825	67	5	the	the	DET
fbem-7825	67	6	research	research	NOUN
fbem-7825	67	7	of	of	ADP
fbem-7825	67	8	xu	xu	PROPN
fbem-7825	67	9	peng	peng	PROPN
fbem-7825	67	10	(	(	PUNCT
fbem-7825	67	11	2022	2022	NUM
fbem-7825	67	12	)	)	PUNCT
fbem-7825	67	13	,	,	PUNCT
fbem-7825	67	14	the	the	DET
fbem-7825	67	15	control	control	NOUN
fbem-7825	67	16	variables	variable	NOUN
fbem-7825	67	17	selected	select	VERB
fbem-7825	67	18	in	in	ADP
fbem-7825	67	19	this	this	DET
fbem-7825	67	20	paper	paper	NOUN
fbem-7825	67	21	include	include	VERB
fbem-7825	67	22	:	:	PUNCT
fbem-7825	67	23	net	net	ADJ
fbem-7825	67	24	profit	profit	NOUN
fbem-7825	67	25	rate	rate	NOUN
fbem-7825	67	26	of	of	ADP
fbem-7825	67	27	total	total	ADJ
fbem-7825	67	28	assets	asset	NOUN
fbem-7825	67	29	,	,	PUNCT
fbem-7825	67	30	growth	growth	NOUN
fbem-7825	67	31	rate	rate	NOUN
fbem-7825	67	32	of	of	ADP
fbem-7825	67	33	operating	operating	NOUN
fbem-7825	67	34	revenue	revenue	NOUN
fbem-7825	67	35	,	,	PUNCT
fbem-7825	67	36	company	company	NOUN
fbem-7825	67	37	size	size	NOUN
fbem-7825	67	38	,	,	PUNCT
fbem-7825	67	39	assetliability	assetliability	NOUN
fbem-7825	67	40	ratio	ratio	NOUN
fbem-7825	67	41	,	,	PUNCT
fbem-7825	67	42	cash	cash	NOUN
fbem-7825	67	43	flow	flow	NOUN
fbem-7825	67	44	ratio	ratio	NOUN
fbem-7825	67	45	,	,	PUNCT
fbem-7825	67	46	age	age	NOUN
fbem-7825	67	47	of	of	ADP
fbem-7825	67	48	vertical	vertical	ADJ
fbem-7825	67	49	part	part	ADJ
fbem-7825	67	50	-	-	PUNCT
fbem-7825	67	51	time	time	NOUN
fbem-7825	67	52	executives	executive	NOUN
fbem-7825	67	53	,	,	PUNCT
fbem-7825	67	54	etc	etc	X
fbem-7825	67	55	.	.	X
fbem-7825	67	56	see	see	VERB
fbem-7825	67	57	table	table	NOUN
fbem-7825	67	58	1	1	NUM
fbem-7825	67	59	for	for	ADP
fbem-7825	67	60	the	the	DET
fbem-7825	67	61	specific	specific	ADJ
fbem-7825	67	62	definition	definition	NOUN
fbem-7825	67	63	and	and	CCONJ
fbem-7825	67	64	calculation	calculation	NOUN
fbem-7825	67	65	method	method	NOUN
fbem-7825	67	66	of	of	ADP
fbem-7825	67	67	variables	variable	NOUN
fbem-7825	67	68	.	.	PUNCT
fbem-7825	68	1	table	table	NOUN
fbem-7825	68	2	1	1	NUM
fbem-7825	68	3	.	.	PUNCT
fbem-7825	68	4	main	main	ADJ
fbem-7825	68	5	variable	variable	ADJ
fbem-7825	68	6	definitions	definition	NOUN
fbem-7825	68	7	and	and	CCONJ
fbem-7825	68	8	descriptive	descriptive	ADJ
fbem-7825	68	9	analysis	analysis	NOUN
fbem-7825	68	10	variable	variable	ADJ
fbem-7825	68	11	name	name	NOUN
fbem-7825	68	12	variable	variable	ADJ
fbem-7825	68	13	definition	definition	NOUN
fbem-7825	68	14	and	and	CCONJ
fbem-7825	68	15	calculation	calculation	NOUN
fbem-7825	68	16	method	method	NOUN
fbem-7825	68	17	minimum	minimum	ADJ
fbem-7825	68	18	maximum	maximum	ADJ
fbem-7825	68	19	mean	mean	NOUN
fbem-7825	68	20	standard	standard	ADJ
fbem-7825	68	21	deviation	deviation	NOUN
fbem-7825	68	22	exe_vertical	exe_vertical	ADJ
fbem-7825	68	23	executive	executive	ADJ
fbem-7825	68	24	vertical	vertical	ADJ
fbem-7825	68	25	concurrent	concurrent	NOUN
fbem-7825	68	26	if	if	SCONJ
fbem-7825	68	27	there	there	PRON
fbem-7825	68	28	is	be	VERB
fbem-7825	68	29	vertical	vertical	ADJ
fbem-7825	68	30	adjunct	adjunct	ADJ
fbem-7825	68	31	of	of	ADP
fbem-7825	68	32	senior	senior	ADJ
fbem-7825	68	33	executives	executive	NOUN
fbem-7825	68	34	,	,	PUNCT
fbem-7825	68	35	the	the	DET
fbem-7825	68	36	value	value	NOUN
fbem-7825	68	37	is	be	AUX
fbem-7825	68	38	1	1	NUM
fbem-7825	68	39	;	;	PUNCT
fbem-7825	68	40	otherwise	otherwise	ADV
fbem-7825	68	41	,	,	PUNCT
fbem-7825	68	42	it	it	PRON
fbem-7825	68	43	is	be	AUX
fbem-7825	68	44	0	0	NUM
fbem-7825	68	45	0	0	NUM
fbem-7825	68	46	1	1	NUM
fbem-7825	68	47	0.031	0.031	NUM
fbem-7825	68	48	0.173	0.173	NUM
fbem-7825	68	49	green_innovation	green_innovation	ADJ
fbem-7825	68	50	corporate	corporate	ADJ
fbem-7825	68	51	green	green	ADJ
fbem-7825	68	52	innovation	innovation	NOUN
fbem-7825	68	53	the	the	DET
fbem-7825	68	54	total	total	ADJ
fbem-7825	68	55	number	number	NOUN
fbem-7825	68	56	of	of	ADP
fbem-7825	68	57	green	green	ADJ
fbem-7825	68	58	patents	patent	NOUN
fbem-7825	68	59	obtained	obtain	VERB
fbem-7825	68	60	independently	independently	ADV
fbem-7825	68	61	that	that	DET
fbem-7825	68	62	year	year	NOUN
fbem-7825	68	63	0.693	0.693	NUM
fbem-7825	68	64	5.799	5.799	NUM
fbem-7825	68	65	1.933	1.933	NUM
fbem-7825	68	66	1.165	1.165	NUM
fbem-7825	68	67	roa	roa	NOUN
fbem-7825	68	68	rate	rate	NOUN
fbem-7825	68	69	of	of	ADP
fbem-7825	68	70	return	return	NOUN
fbem-7825	68	71	on	on	ADP
fbem-7825	68	72	total	total	ADJ
fbem-7825	68	73	assets	asset	NOUN
fbem-7825	68	74	net	net	ADJ
fbem-7825	68	75	profit	profit	NOUN
fbem-7825	68	76	/	/	SYM
fbem-7825	68	77	average	average	ADJ
fbem-7825	68	78	total	total	ADJ
fbem-7825	68	79	assets×100	assets×100	ADJ
fbem-7825	68	80	%	%	NOUN
fbem-7825	68	81	-0.143	-0.143	NOUN
fbem-7825	68	82	0.179	0.179	NUM
fbem-7825	68	83	0.034	0.034	NUM
fbem-7825	68	84	0.046	0.046	NUM
fbem-7825	68	85	ibr	ibr	PROPN
fbem-7825	68	86	operating	operating	NOUN
fbem-7825	68	87	revenue	revenue	NOUN
fbem-7825	68	88	growth	growth	NOUN
fbem-7825	68	89	rate	rate	NOUN
fbem-7825	68	90	(	(	PUNCT
fbem-7825	68	91	total	total	ADJ
fbem-7825	68	92	operating	operating	NOUN
fbem-7825	68	93	revenue	revenue	NOUN
fbem-7825	68	94	total	total	ADJ
fbem-7825	68	95	operating	operating	NOUN
fbem-7825	68	96	revenue	revenue	NOUN
fbem-7825	68	97	of	of	ADP
fbem-7825	68	98	last	last	ADJ
fbem-7825	68	99	year)/	year)/	NOUN
fbem-7825	68	100	total	total	ADJ
fbem-7825	68	101	operating	operating	NOUN
fbem-7825	68	102	revenue	revenue	NOUN
fbem-7825	68	103	of	of	ADP
fbem-7825	68	104	last	last	ADJ
fbem-7825	68	105	year	year	NOUN
fbem-7825	68	106	×100	×100	NOUN
fbem-7825	68	107	%	%	NOUN
fbem-7825	68	108	-0.377	-0.377	PUNCT
fbem-7825	68	109	1.645	1.645	NUM
fbem-7825	68	110	0.183	0.183	NUM
fbem-7825	68	111	0.313	0.313	NUM
fbem-7825	68	112	size	size	NOUN
fbem-7825	68	113	company	company	NOUN
fbem-7825	68	114	size	size	VERB
fbem-7825	68	115	the	the	DET
fbem-7825	68	116	total	total	ADJ
fbem-7825	68	117	assets	asset	NOUN
fbem-7825	68	118	of	of	ADP
fbem-7825	68	119	the	the	DET
fbem-7825	68	120	enterprise	enterprise	NOUN
fbem-7825	68	121	are	be	AUX
fbem-7825	68	122	treated	treat	VERB
fbem-7825	68	123	as	as	ADP
fbem-7825	68	124	logarithms	logarithm	NOUN
fbem-7825	68	125	20.994	20.994	NUM
fbem-7825	68	126	27.349	27.349	NUM
fbem-7825	68	127	23.313	23.313	NUM
fbem-7825	68	128	1.358	1.358	NUM
fbem-7825	68	129	lev	lev	ADJ
fbem-7825	68	130	asset	asset	NOUN
fbem-7825	68	131	-	-	PUNCT
fbem-7825	68	132	liability	liability	NOUN
fbem-7825	68	133	ratio	ratio	NOUN
fbem-7825	68	134	total	total	ADJ
fbem-7825	68	135	liabilities	liability	NOUN
fbem-7825	68	136	/	/	SYM
fbem-7825	68	137	total	total	ADJ
fbem-7825	68	138	assets	asset	NOUN
fbem-7825	68	139	at	at	ADP
fbem-7825	68	140	the	the	DET
fbem-7825	68	141	end	end	NOUN
fbem-7825	68	142	of	of	ADP
fbem-7825	68	143	the	the	DET
fbem-7825	68	144	period	period	NOUN
fbem-7825	68	145	x	x	NOUN
fbem-7825	68	146	100	100	NUM
fbem-7825	68	147	%	%	NOUN
fbem-7825	68	148	0.00006	0.00006	NUM
fbem-7825	68	149	0.369	0.369	NUM
fbem-7825	68	150	0.095	0.095	NUM
fbem-7825	68	151	0.086	0.086	NUM
fbem-7825	68	152	cr	cr	ADP
fbem-7825	68	153	cash	cash	NOUN
fbem-7825	68	154	flow	flow	NOUN
fbem-7825	68	155	ratio	ratio	NOUN
fbem-7825	68	156	net	net	ADJ
fbem-7825	68	157	cash	cash	NOUN
fbem-7825	68	158	flow	flow	NOUN
fbem-7825	68	159	from	from	ADP
fbem-7825	68	160	operating	operate	VERB
fbem-7825	68	161	activities	activity	NOUN
fbem-7825	68	162	/	/	SYM
fbem-7825	68	163	ending	end	VERB
fbem-7825	68	164	current	current	ADJ
fbem-7825	68	165	liabilities	liability	NOUN
fbem-7825	68	166	-0.110	-0.110	VERB
fbem-7825	68	167	0.205	0.205	NUM
fbem-7825	68	168	0.048	0.048	NUM
fbem-7825	68	169	0.057	0.057	NUM
fbem-7825	68	170	age	age	NOUN
fbem-7825	68	171	vertical	vertical	ADJ
fbem-7825	68	172	concurrent	concurrent	ADJ
fbem-7825	68	173	executive	executive	ADJ
fbem-7825	68	174	age	age	NOUN
fbem-7825	68	175	the	the	DET
fbem-7825	68	176	actual	actual	ADJ
fbem-7825	68	177	age	age	NOUN
fbem-7825	68	178	of	of	ADP
fbem-7825	68	179	a	a	DET
fbem-7825	68	180	vertical	vertical	ADJ
fbem-7825	68	181	executive	executive	NOUN
fbem-7825	68	182	24	24	NUM
fbem-7825	68	183	76	76	NUM
fbem-7825	68	184	48.357	48.357	NUM
fbem-7825	68	185	6.511	6.511	NUM
fbem-7825	68	186	3.3	3.3	NUM
fbem-7825	68	187	.	.	PUNCT
fbem-7825	69	1	model	model	NOUN
fbem-7825	69	2	specification	specification	NOUN
fbem-7825	69	3	referring	refer	VERB
fbem-7825	69	4	to	to	ADP
fbem-7825	69	5	existing	exist	VERB
fbem-7825	69	6	studies	study	NOUN
fbem-7825	69	7	,	,	PUNCT
fbem-7825	69	8	the	the	DET
fbem-7825	69	9	benchmark	benchmark	ADJ
fbem-7825	69	10	regression	regression	NOUN
fbem-7825	69	11	model	model	NOUN
fbem-7825	69	12	constructed	construct	VERB
fbem-7825	69	13	in	in	ADP
fbem-7825	69	14	this	this	DET
fbem-7825	69	15	paper	paper	NOUN
fbem-7825	69	16	is	be	AUX
fbem-7825	69	17	as	as	SCONJ
fbem-7825	69	18	follows	follow	VERB
fbem-7825	69	19	:	:	PUNCT
fbem-7825	69	20	0	0	NUM
fbem-7825	70	1	1	1	X
fbem-7825	70	2	_	_	NOUN
fbem-7825	71	1	exe_vit	exe_vit	ADV
fbem-7825	71	2	it	it	PRON
fbem-7825	71	3	it	it	PRON
fbem-7825	71	4	itgreen	itgreen	ADJ
fbem-7825	71	5	innovation	innovation	NOUN
fbem-7825	71	6	ert	ert	PROPN
fbem-7825	72	1	x	x	PROPN
fbem-7825	72	2			PROPN
fbem-7825	72	3			PROPN
fbem-7825	73	1			PROPN
fbem-7825	73	2			ADV
fbem-7825	73	3			PUNCT
fbem-7825	73	4			PUNCT
fbem-7825	73	5	wherein	wherein	ADJ
fbem-7825	73	6	,	,	PUNCT
fbem-7825	73	7	ginnovation	ginnovation	NOUN
fbem-7825	73	8	represents	represent	VERB
fbem-7825	73	9	corporate	corporate	ADJ
fbem-7825	73	10	green	green	ADJ
fbem-7825	73	11	innovation	innovation	NOUN
fbem-7825	73	12	,	,	PUNCT
fbem-7825	73	13	and	and	CCONJ
fbem-7825	73	14	vert	vert	NOUN
fbem-7825	73	15	represents	represent	VERB
fbem-7825	73	16	vertical	vertical	ADJ
fbem-7825	73	17	executive	executive	ADJ
fbem-7825	73	18	concurrent	concurrent	ADJ
fbem-7825	73	19	position	position	NOUN
fbem-7825	73	20	.	.	PUNCT
fbem-7825	74	1	if	if	SCONJ
fbem-7825	74	2	the	the	DET
fbem-7825	74	3	chairman	chairman	NOUN
fbem-7825	74	4	or	or	CCONJ
fbem-7825	74	5	general	general	ADJ
fbem-7825	74	6	manager	manager	NOUN
fbem-7825	74	7	of	of	ADP
fbem-7825	74	8	a	a	DET
fbem-7825	74	9	listed	list	VERB
fbem-7825	74	10	company	company	NOUN
fbem-7825	74	11	holds	hold	VERB
fbem-7825	74	12	positions	position	NOUN
fbem-7825	74	13	in	in	ADP
fbem-7825	74	14	a	a	DET
fbem-7825	74	15	company	company	NOUN
fbem-7825	74	16	with	with	ADP
fbem-7825	74	17	major	major	ADJ
fbem-7825	74	18	controlling	control	VERB
fbem-7825	74	19	shareholders	shareholder	NOUN
fbem-7825	74	20	,	,	PUNCT
fbem-7825	74	21	that	that	ADV
fbem-7825	74	22	is	is	ADV
fbem-7825	74	23	,	,	PUNCT
fbem-7825	74	24	vertical	vertical	ADJ
fbem-7825	74	25	executive	executive	ADJ
fbem-7825	74	26	concurrent	concurrent	ADJ
fbem-7825	74	27	position	position	NOUN
fbem-7825	74	28	exists	exist	VERB
fbem-7825	74	29	,	,	PUNCT
fbem-7825	74	30	then	then	ADV
fbem-7825	74	31	the	the	DET
fbem-7825	74	32	value	value	NOUN
fbem-7825	74	33	is	be	AUX
fbem-7825	74	34	1	1	NUM
fbem-7825	74	35	;	;	PUNCT
fbem-7825	74	36	otherwise	otherwise	ADV
fbem-7825	74	37	,	,	PUNCT
fbem-7825	74	38	it	it	PRON
fbem-7825	74	39	is	be	AUX
fbem-7825	74	40	0	0	NUM
fbem-7825	74	41	.	.	PUNCT
fbem-7825	75	1	x	x	PUNCT
fbem-7825	75	2	is	be	AUX
fbem-7825	75	3	a	a	DET
fbem-7825	75	4	series	series	NOUN
fbem-7825	75	5	of	of	ADP
fbem-7825	75	6	control	control	NOUN
fbem-7825	75	7	variables	variable	NOUN
fbem-7825	75	8	,	,	PUNCT
fbem-7825	75	9	including	include	VERB
fbem-7825	75	10	total	total	ADJ
fbem-7825	75	11	assets	asset	NOUN
fbem-7825	75	12	net	net	ADJ
fbem-7825	75	13	profit	profit	NOUN
fbem-7825	75	14	rate	rate	NOUN
fbem-7825	75	15	,	,	PUNCT
fbem-7825	75	16	operating	operate	VERB
fbem-7825	75	17	revenue	revenue	NOUN
fbem-7825	75	18	growth	growth	NOUN
fbem-7825	75	19	rate	rate	NOUN
fbem-7825	75	20	,	,	PUNCT
fbem-7825	75	21	company	company	NOUN
fbem-7825	75	22	size	size	NOUN
fbem-7825	75	23	,	,	PUNCT
fbem-7825	75	24	asset	asset	NOUN
fbem-7825	75	25	-	-	PUNCT
fbem-7825	75	26	liability	liability	NOUN
fbem-7825	75	27	ratio	ratio	NOUN
fbem-7825	75	28	,	,	PUNCT
fbem-7825	75	29	cash	cash	NOUN
fbem-7825	75	30	flow	flow	NOUN
fbem-7825	75	31	ratio	ratio	NOUN
fbem-7825	75	32	,	,	PUNCT
fbem-7825	75	33	vertical	vertical	ADJ
fbem-7825	75	34	part	part	ADJ
fbem-7825	75	35	-	-	PUNCT
fbem-7825	75	36	time	time	NOUN
fbem-7825	75	37	executive	executive	ADJ
fbem-7825	75	38	age	age	NOUN
fbem-7825	75	39	,	,	PUNCT
fbem-7825	75	40	etc	etc	X
fbem-7825	75	41	.	.	X
fbem-7825	75	42	,	,	PUNCT
fbem-7825	75	43	εit	εit	PROPN
fbem-7825	75	44	represents	represent	VERB
fbem-7825	75	45	the	the	DET
fbem-7825	75	46	random	random	ADJ
fbem-7825	75	47	disturbance	disturbance	NOUN
fbem-7825	75	48	term	term	NOUN
fbem-7825	75	49	.	.	PUNCT
fbem-7825	76	1	β1	β1	PROPN
fbem-7825	76	2	describes	describe	VERB
fbem-7825	76	3	the	the	DET
fbem-7825	76	4	impact	impact	NOUN
fbem-7825	76	5	of	of	ADP
fbem-7825	76	6	vertical	vertical	ADJ
fbem-7825	76	7	adjunct	adjunct	PROPN
fbem-7825	76	8	of	of	ADP
fbem-7825	76	9	senior	senior	ADJ
fbem-7825	76	10	executives	executive	NOUN
fbem-7825	76	11	on	on	ADP
fbem-7825	76	12	corporate	corporate	ADJ
fbem-7825	76	13	green	green	ADJ
fbem-7825	76	14	innovation	innovation	NOUN
fbem-7825	76	15	.	.	PUNCT
fbem-7825	77	1	if	if	SCONJ
fbem-7825	77	2	there	there	PRON
fbem-7825	77	3	is	be	VERB
fbem-7825	77	4	a	a	DET
fbem-7825	77	5	positive	positive	ADJ
fbem-7825	77	6	impact	impact	NOUN
fbem-7825	77	7	,	,	PUNCT
fbem-7825	77	8	the	the	DET
fbem-7825	77	9	coefficient	coefficient	NOUN
fbem-7825	77	10	is	be	AUX
fbem-7825	77	11	significantly	significantly	ADV
fbem-7825	77	12	positive	positive	ADJ
fbem-7825	77	13	,	,	PUNCT
fbem-7825	77	14	that	that	ADV
fbem-7825	77	15	is	is	ADV
fbem-7825	77	16	,	,	PUNCT
fbem-7825	77	17	vertical	vertical	ADJ
fbem-7825	77	18	adjunct	adjunct	ADJ
fbem-7825	77	19	of	of	ADP
fbem-7825	77	20	senior	senior	ADJ
fbem-7825	77	21	executives	executive	NOUN
fbem-7825	77	22	significantly	significantly	ADV
fbem-7825	77	23	improves	improve	VERB
fbem-7825	77	24	the	the	DET
fbem-7825	77	25	degree	degree	NOUN
fbem-7825	77	26	of	of	ADP
fbem-7825	77	27	corporate	corporate	ADJ
fbem-7825	77	28	green	green	ADJ
fbem-7825	77	29	innovation	innovation	NOUN
fbem-7825	77	30	.	.	PUNCT
fbem-7825	78	1	after	after	SCONJ
fbem-7825	78	2	the	the	DET
fbem-7825	78	3	empirical	empirical	ADJ
fbem-7825	78	4	part	part	NOUN
fbem-7825	78	5	will	will	AUX
fbem-7825	78	6	be	be	AUX
fbem-7825	78	7	specific	specific	ADJ
fbem-7825	78	8	verification	verification	NOUN
fbem-7825	78	9	.	.	PUNCT
fbem-7825	79	1	4	4	X
fbem-7825	79	2	.	.	X
fbem-7825	79	3	positive	positive	ADJ
fbem-7825	79	4	research	research	NOUN
fbem-7825	79	5	4.1	4.1	NUM
fbem-7825	79	6	.	.	PUNCT
fbem-7825	80	1	data	datum	NOUN
fbem-7825	80	2	preprocessing	preprocessing	NOUN
fbem-7825	80	3	and	and	CCONJ
fbem-7825	80	4	descriptive	descriptive	ADJ
fbem-7825	80	5	analysis	analysis	NOUN
fbem-7825	80	6	table	table	NOUN
fbem-7825	80	7	1	1	NUM
fbem-7825	80	8	provides	provide	VERB
fbem-7825	80	9	a	a	DET
fbem-7825	80	10	descriptive	descriptive	ADJ
fbem-7825	80	11	analysis	analysis	NOUN
fbem-7825	80	12	of	of	ADP
fbem-7825	80	13	variables	variable	NOUN
fbem-7825	80	14	required	require	VERB
fbem-7825	80	15	for	for	ADP
fbem-7825	80	16	the	the	DET
fbem-7825	80	17	demonstration	demonstration	NOUN
fbem-7825	80	18	.	.	PUNCT
fbem-7825	81	1	from	from	ADP
fbem-7825	81	2	the	the	DET
fbem-7825	81	3	results	result	NOUN
fbem-7825	81	4	of	of	ADP
fbem-7825	81	5	the	the	DET
fbem-7825	81	6	full	full	ADJ
fbem-7825	81	7	sample	sample	NOUN
fbem-7825	81	8	,	,	PUNCT
fbem-7825	81	9	the	the	DET
fbem-7825	81	10	average	average	NOUN
fbem-7825	81	11	of	of	ADP
fbem-7825	81	12	vertical	vertical	ADJ
fbem-7825	81	13	adjunct	adjunct	PROPN
fbem-7825	81	14	of	of	ADP
fbem-7825	81	15	senior	senior	ADJ
fbem-7825	81	16	executives	executive	NOUN
fbem-7825	81	17	is	be	AUX
fbem-7825	81	18	0.031	0.031	NUM
fbem-7825	81	19	,	,	PUNCT
fbem-7825	81	20	indicating	indicate	VERB
fbem-7825	81	21	that	that	SCONJ
fbem-7825	81	22	3.1	3.1	NUM
fbem-7825	81	23	%	%	NOUN
fbem-7825	81	24	of	of	ADP
fbem-7825	81	25	listed	list	VERB
fbem-7825	81	26	companies	company	NOUN
fbem-7825	81	27	in	in	ADP
fbem-7825	81	28	the	the	DET
fbem-7825	81	29	samples	sample	NOUN
fbem-7825	81	30	selected	select	VERB
fbem-7825	81	31	in	in	ADP
fbem-7825	81	32	this	this	DET
fbem-7825	81	33	paper	paper	NOUN
fbem-7825	81	34	have	have	VERB
fbem-7825	81	35	vertical	vertical	ADJ
fbem-7825	81	36	adjunct	adjunct	ADJ
fbem-7825	81	37	behavior	behavior	NOUN
fbem-7825	81	38	of	of	ADP
fbem-7825	81	39	senior	senior	ADJ
fbem-7825	81	40	executives	executive	NOUN
fbem-7825	81	41	,	,	PUNCT
fbem-7825	81	42	and	and	CCONJ
fbem-7825	81	43	the	the	DET
fbem-7825	81	44	average	average	NOUN
fbem-7825	81	45	of	of	ADP
fbem-7825	81	46	green	green	ADJ
fbem-7825	81	47	invention	invention	NOUN
fbem-7825	81	48	patent	patent	NOUN
fbem-7825	81	49	level	level	NOUN
fbem-7825	81	50	of	of	ADP
fbem-7825	81	51	enterprises	enterprise	NOUN
fbem-7825	81	52	is	be	AUX
fbem-7825	81	53	1.933	1.933	NUM
fbem-7825	81	54	.	.	PUNCT
fbem-7825	82	1	sample	sample	NOUN
fbem-7825	82	2	characteristics	characteristic	NOUN
fbem-7825	82	3	of	of	ADP
fbem-7825	82	4	other	other	ADJ
fbem-7825	82	5	control	control	NOUN
fbem-7825	82	6	variables	variable	NOUN
fbem-7825	82	7	are	be	AUX
fbem-7825	82	8	not	not	PART
fbem-7825	82	9	explained	explain	VERB
fbem-7825	82	10	one	one	NUM
fbem-7825	82	11	by	by	ADP
fbem-7825	82	12	one	one	NUM
fbem-7825	82	13	.	.	PUNCT
fbem-7825	83	1	from	from	ADP
fbem-7825	83	2	the	the	DET
fbem-7825	83	3	sample	sample	NOUN
fbem-7825	83	4	distribution	distribution	NOUN
fbem-7825	83	5	of	of	ADP
fbem-7825	83	6	longitudinal	longitudinal	ADJ
fbem-7825	83	7	part	part	ADJ
fbem-7825	83	8	-	-	PUNCT
fbem-7825	83	9	time	time	NOUN
fbem-7825	83	10	executives	executive	NOUN
fbem-7825	83	11	,	,	PUNCT
fbem-7825	83	12	it	it	PRON
fbem-7825	83	13	has	have	AUX
fbem-7825	83	14	not	not	PART
fbem-7825	83	15	become	become	VERB
fbem-7825	83	16	a	a	DET
fbem-7825	83	17	common	common	ADJ
fbem-7825	83	18	phenomenon	phenomenon	NOUN
fbem-7825	83	19	in	in	ADP
fbem-7825	83	20	chinese	chinese	ADJ
fbem-7825	83	21	listed	list	VERB
fbem-7825	83	22	enterprises	enterprise	NOUN
fbem-7825	83	23	,	,	PUNCT
fbem-7825	83	24	and	and	CCONJ
fbem-7825	83	25	its	its	PRON
fbem-7825	83	26	influence	influence	NOUN
fbem-7825	83	27	on	on	ADP
fbem-7825	83	28	green	green	ADJ
fbem-7825	83	29	innovation	innovation	NOUN
fbem-7825	83	30	behavior	behavior	NOUN
fbem-7825	83	31	of	of	ADP
fbem-7825	83	32	enterprises	enterprise	NOUN
fbem-7825	83	33	needs	need	VERB
fbem-7825	83	34	further	further	ADJ
fbem-7825	83	35	empirical	empirical	ADJ
fbem-7825	83	36	analysis	analysis	NOUN
fbem-7825	83	37	.	.	PUNCT
fbem-7825	84	1	4.2	4.2	NUM
fbem-7825	84	2	.	.	PUNCT
fbem-7825	85	1	regression	regression	NOUN
fbem-7825	85	2	result	result	VERB
fbem-7825	85	3	this	this	DET
fbem-7825	85	4	paper	paper	NOUN
fbem-7825	85	5	uses	use	VERB
fbem-7825	85	6	the	the	DET
fbem-7825	85	7	benchmark	benchmark	NOUN
fbem-7825	85	8	regression	regression	NOUN
fbem-7825	85	9	model	model	NOUN
fbem-7825	85	10	constructed	construct	VERB
fbem-7825	85	11	to	to	PART
fbem-7825	85	12	investigate	investigate	VERB
fbem-7825	85	13	the	the	DET
fbem-7825	85	14	impact	impact	NOUN
fbem-7825	85	15	of	of	ADP
fbem-7825	85	16	vertical	vertical	ADJ
fbem-7825	85	17	concurrent	concurrent	ADJ
fbem-7825	85	18	executive	executive	ADJ
fbem-7825	85	19	positions	position	NOUN
fbem-7825	85	20	on	on	ADP
fbem-7825	85	21	corporate	corporate	ADJ
fbem-7825	85	22	green	green	ADJ
fbem-7825	85	23	innovation	innovation	NOUN
fbem-7825	85	24	,	,	PUNCT
fbem-7825	85	25	and	and	CCONJ
fbem-7825	85	26	the	the	DET
fbem-7825	85	27	results	result	NOUN
fbem-7825	85	28	are	be	AUX
fbem-7825	85	29	reported	report	VERB
fbem-7825	85	30	in	in	ADP
fbem-7825	85	31	table	table	NOUN
fbem-7825	85	32	2	2	NUM
fbem-7825	85	33	.	.	PUNCT
fbem-7825	86	1	among	among	ADP
fbem-7825	86	2	them	they	PRON
fbem-7825	86	3	,	,	PUNCT
fbem-7825	86	4	control	control	NOUN
fbem-7825	86	5	variables	variable	NOUN
fbem-7825	86	6	are	be	AUX
fbem-7825	86	7	added	add	VERB
fbem-7825	86	8	to	to	ADP
fbem-7825	86	9	column	column	NOUN
fbem-7825	86	10	(	(	PUNCT
fbem-7825	86	11	1	1	NUM
fbem-7825	86	12	)	)	PUNCT
fbem-7825	86	13	,	,	PUNCT
fbem-7825	86	14	and	and	CCONJ
fbem-7825	86	15	the	the	DET
fbem-7825	86	16	regression	regression	NOUN
fbem-7825	86	17	coefficient	coefficient	NOUN
fbem-7825	86	18	is	be	AUX
fbem-7825	86	19	0.181	0.181	NUM
fbem-7825	86	20	,	,	PUNCT
fbem-7825	86	21	which	which	PRON
fbem-7825	86	22	is	be	AUX
fbem-7825	86	23	significant	significant	ADJ
fbem-7825	86	24	at	at	ADP
fbem-7825	86	25	the	the	DET
fbem-7825	86	26	1	1	NUM
fbem-7825	86	27	%	%	NOUN
fbem-7825	86	28	level	level	NOUN
fbem-7825	86	29	,	,	PUNCT
fbem-7825	86	30	indicating	indicate	VERB
fbem-7825	86	31	that	that	SCONJ
fbem-7825	86	32	vertical	vertical	ADJ
fbem-7825	86	33	concurrent	concurrent	ADJ
fbem-7825	86	34	appointment	appointment	NOUN
fbem-7825	86	35	of	of	ADP
fbem-7825	86	36	senior	senior	ADJ
fbem-7825	86	37	executives	executive	NOUN
fbem-7825	86	38	will	will	AUX
fbem-7825	86	39	significantly	significantly	ADV
fbem-7825	86	40	improve	improve	VERB
fbem-7825	86	41	the	the	DET
fbem-7825	86	42	green	green	ADJ
fbem-7825	86	43	innovation	innovation	NOUN
fbem-7825	86	44	level	level	NOUN
fbem-7825	86	45	of	of	ADP
fbem-7825	86	46	enterprises	enterprise	NOUN
fbem-7825	86	47	.	.	PUNCT
fbem-7825	87	1	column	column	NOUN
fbem-7825	87	2	(	(	PUNCT
fbem-7825	87	3	2	2	NUM
fbem-7825	87	4	)	)	PUNCT
fbem-7825	87	5	,	,	PUNCT
fbem-7825	87	6	based	base	VERB
fbem-7825	87	7	on	on	ADP
fbem-7825	87	8	column	column	NOUN
fbem-7825	87	9	(	(	PUNCT
fbem-7825	87	10	1	1	NUM
fbem-7825	87	11	)	)	PUNCT
fbem-7825	87	12	,	,	PUNCT
fbem-7825	87	13	reports	report	VERB
fbem-7825	87	14	robust	robust	ADJ
fbem-7825	87	15	standard	standard	ADJ
fbem-7825	87	16	error	error	NOUN
fbem-7825	87	17	with	with	ADP
fbem-7825	87	18	a	a	DET
fbem-7825	87	19	coefficient	coefficient	NOUN
fbem-7825	87	20	of	of	ADP
fbem-7825	87	21	0.181	0.181	NUM
fbem-7825	87	22	,	,	PUNCT
fbem-7825	87	23	still	still	ADV
fbem-7825	87	24	significant	significant	ADJ
fbem-7825	87	25	at	at	ADP
fbem-7825	87	26	the	the	DET
fbem-7825	87	27	1	1	NUM
fbem-7825	87	28	%	%	NOUN
fbem-7825	87	29	level	level	NOUN
fbem-7825	87	30	.	.	PUNCT
fbem-7825	88	1	the	the	DET
fbem-7825	88	2	h1	h1	PROPN
fbem-7825	88	3	is	be	AUX
fbem-7825	88	4	verified	verify	VERB
fbem-7825	88	5	.	.	PUNCT
fbem-7825	89	1	in	in	ADP
fbem-7825	89	2	column	column	NOUN
fbem-7825	89	3	(	(	PUNCT
fbem-7825	89	4	3	3	NUM
fbem-7825	89	5	)	)	PUNCT
fbem-7825	89	6	,	,	PUNCT
fbem-7825	89	7	the	the	DET
fbem-7825	89	8	level	level	NOUN
fbem-7825	89	9	of	of	ADP
fbem-7825	89	10	green	green	ADJ
fbem-7825	89	11	invention	invention	NOUN
fbem-7825	89	12	patents	patent	NOUN
fbem-7825	89	13	is	be	AUX
fbem-7825	89	14	used	use	VERB
fbem-7825	89	15	to	to	PART
fbem-7825	89	16	replace	replace	VERB
fbem-7825	89	17	the	the	DET
fbem-7825	89	18	total	total	ADJ
fbem-7825	89	19	level	level	NOUN
fbem-7825	89	20	of	of	ADP
fbem-7825	89	21	green	green	ADJ
fbem-7825	89	22	patents	patent	NOUN
fbem-7825	89	23	as	as	ADP
fbem-7825	89	24	the	the	DET
fbem-7825	89	25	proxy	proxy	ADJ
fbem-7825	89	26	variable	variable	NOUN
fbem-7825	89	27	of	of	ADP
fbem-7825	89	28	the	the	DET
fbem-7825	89	29	degree	degree	NOUN
fbem-7825	89	30	of	of	ADP
fbem-7825	89	31	green	green	ADJ
fbem-7825	89	32	innovation	innovation	NOUN
fbem-7825	89	33	of	of	ADP
fbem-7825	89	34	enterprises	enterprise	NOUN
fbem-7825	89	35	.	.	PUNCT
fbem-7825	90	1	the	the	DET
fbem-7825	90	2	coefficient	coefficient	NOUN
fbem-7825	90	3	is	be	AUX
fbem-7825	90	4	0.204	0.204	NUM
fbem-7825	90	5	,	,	PUNCT
fbem-7825	90	6	slightly	slightly	ADV
fbem-7825	90	7	increased	increase	VERB
fbem-7825	90	8	and	and	CCONJ
fbem-7825	90	9	still	still	ADV
fbem-7825	90	10	significant	significant	ADJ
fbem-7825	90	11	at	at	ADP
fbem-7825	90	12	the	the	DET
fbem-7825	90	13	level	level	NOUN
fbem-7825	90	14	of	of	ADP
fbem-7825	90	15	1	1	NUM
fbem-7825	90	16	%	%	NOUN
fbem-7825	90	17	,	,	PUNCT
fbem-7825	90	18	which	which	PRON
fbem-7825	90	19	once	once	ADV
fbem-7825	90	20	again	again	ADV
fbem-7825	90	21	proves	prove	VERB
fbem-7825	90	22	that	that	SCONJ
fbem-7825	90	23	the	the	DET
fbem-7825	90	24	vertical	vertical	ADJ
fbem-7825	90	25	concurrent	concurrent	ADJ
fbem-7825	90	26	position	position	NOUN
fbem-7825	90	27	of	of	ADP
fbem-7825	90	28	senior	senior	ADJ
fbem-7825	90	29	executives	executive	NOUN
fbem-7825	90	30	can	can	AUX
fbem-7825	90	31	promote	promote	VERB
fbem-7825	90	32	the	the	DET
fbem-7825	90	33	green	green	ADJ
fbem-7825	90	34	innovation	innovation	NOUN
fbem-7825	90	35	of	of	ADP
fbem-7825	90	36	enterprises	enterprise	NOUN
fbem-7825	90	37	.	.	PUNCT
fbem-7825	91	1	column	column	NOUN
fbem-7825	91	2	(	(	PUNCT
fbem-7825	91	3	4	4	NUM
fbem-7825	91	4	)	)	PUNCT
fbem-7825	91	5	,	,	PUNCT
fbem-7825	91	6	based	base	VERB
fbem-7825	91	7	on	on	ADP
fbem-7825	91	8	column	column	NOUN
fbem-7825	91	9	(	(	PUNCT
fbem-7825	91	10	3	3	NUM
fbem-7825	91	11	)	)	PUNCT
fbem-7825	91	12	,	,	PUNCT
fbem-7825	91	13	reports	report	VERB
fbem-7825	91	14	robust	robust	ADJ
fbem-7825	91	15	standard	standard	ADJ
fbem-7825	91	16	error	error	NOUN
fbem-7825	91	17	with	with	ADP
fbem-7825	91	18	a	a	DET
fbem-7825	91	19	coefficient	coefficient	NOUN
fbem-7825	91	20	of	of	ADP
fbem-7825	91	21	0.204	0.204	NUM
fbem-7825	91	22	,	,	PUNCT
fbem-7825	91	23	still	still	ADV
fbem-7825	91	24	significant	significant	ADJ
fbem-7825	91	25	at	at	ADP
fbem-7825	91	26	the	the	DET
fbem-7825	91	27	1	1	NUM
fbem-7825	91	28	%	%	NOUN
fbem-7825	91	29	level	level	NOUN
fbem-7825	91	30	.	.	PUNCT
fbem-7825	92	1	again	again	ADV
fbem-7825	92	2	,	,	PUNCT
fbem-7825	92	3	we	we	PRON
fbem-7825	92	4	verify	verify	VERB
fbem-7825	92	5	the	the	DET
fbem-7825	92	6	h1	h1	NOUN
fbem-7825	92	7	.	.	PUNCT
fbem-7825	93	1	as	as	SCONJ
fbem-7825	93	2	mentioned	mention	VERB
fbem-7825	93	3	above	above	ADV
fbem-7825	93	4	,	,	PUNCT
fbem-7825	93	5	in	in	ADP
fbem-7825	93	6	listed	list	VERB
fbem-7825	93	7	companies	company	NOUN
fbem-7825	93	8	with	with	ADP
fbem-7825	93	9	vertical	vertical	ADJ
fbem-7825	93	10	concurrent	concurrent	ADJ
fbem-7825	93	11	executive	executive	ADJ
fbem-7825	93	12	positions	position	NOUN
fbem-7825	93	13	,	,	PUNCT
fbem-7825	93	14	major	major	ADJ
fbem-7825	93	15	shareholders	shareholder	NOUN
fbem-7825	93	16	can	can	AUX
fbem-7825	93	17	use	use	VERB
fbem-7825	93	18	vertical	vertical	ADJ
fbem-7825	93	19	concurrent	concurrent	ADJ
fbem-7825	93	20	executive	executive	ADJ
fbem-7825	93	21	positions	position	NOUN
fbem-7825	93	22	to	to	PART
fbem-7825	93	23	strengthen	strengthen	VERB
fbem-7825	93	24	the	the	DET
fbem-7825	93	25	degree	degree	NOUN
fbem-7825	93	26	of	of	ADP
fbem-7825	93	27	intervention	intervention	NOUN
fbem-7825	93	28	in	in	ADP
fbem-7825	93	29	listed	list	VERB
fbem-7825	93	30	companies	company	NOUN
fbem-7825	93	31	,	,	PUNCT
fbem-7825	93	32	and	and	CCONJ
fbem-7825	93	33	are	be	AUX
fbem-7825	93	34	more	more	ADV
fbem-7825	93	35	motivated	motivated	ADJ
fbem-7825	93	36	to	to	PART
fbem-7825	93	37	seek	seek	VERB
fbem-7825	93	38	private	private	ADJ
fbem-7825	93	39	interests	interest	NOUN
fbem-7825	93	40	rather	rather	ADV
fbem-7825	93	41	than	than	ADP
fbem-7825	93	42	pay	pay	VERB
fbem-7825	93	43	attention	attention	NOUN
fbem-7825	93	44	to	to	ADP
fbem-7825	93	45	the	the	DET
fbem-7825	93	46	company	company	NOUN
fbem-7825	93	47	's	's	PART
fbem-7825	93	48	green	green	ADJ
fbem-7825	93	49	innovation	innovation	NOUN
fbem-7825	93	50	behavior	behavior	NOUN
fbem-7825	93	51	.	.	PUNCT
fbem-7825	94	1	in	in	ADP
fbem-7825	94	2	conclusion	conclusion	NOUN
fbem-7825	94	3	,	,	PUNCT
fbem-7825	94	4	the	the	DET
fbem-7825	94	5	results	result	NOUN
fbem-7825	94	6	of	of	ADP
fbem-7825	94	7	benchmark	benchmark	ADJ
fbem-7825	94	8	regression	regression	NOUN
fbem-7825	94	9	verify	verify	VERB
fbem-7825	94	10	h1	h1	PROPN
fbem-7825	94	11	,	,	PUNCT
fbem-7825	94	12	that	that	ADV
fbem-7825	94	13	is	is	ADV
fbem-7825	94	14	,	,	PUNCT
fbem-7825	94	15	the	the	DET
fbem-7825	94	16	vertical	vertical	ADJ
fbem-7825	94	17	concurrent	concurrent	ADJ
fbem-7825	94	18	position	position	NOUN
fbem-7825	94	19	of	of	ADP
fbem-7825	94	20	senior	senior	ADJ
fbem-7825	94	21	executives	executive	NOUN
fbem-7825	94	22	inhibits	inhibit	VERB
fbem-7825	94	23	the	the	DET
fbem-7825	94	24	green	green	ADJ
fbem-7825	94	25	innovation	innovation	NOUN
fbem-7825	94	26	behavior	behavior	NOUN
fbem-7825	94	27	of	of	ADP
fbem-7825	94	28	enterprises	enterprise	NOUN
fbem-7825	94	29	.	.	PUNCT
fbem-7825	95	1	137	137	NUM
fbem-7825	95	2	table	table	NOUN
fbem-7825	95	3	2	2	NUM
fbem-7825	95	4	.	.	PUNCT
fbem-7825	95	5	regression	regression	NOUN
fbem-7825	95	6	results	result	NOUN
fbem-7825	95	7	of	of	ADP
fbem-7825	95	8	the	the	DET
fbem-7825	95	9	influence	influence	NOUN
fbem-7825	95	10	of	of	ADP
fbem-7825	95	11	vertical	vertical	ADJ
fbem-7825	95	12	concurrent	concurrent	ADJ
fbem-7825	95	13	positions	position	NOUN
fbem-7825	95	14	of	of	ADP
fbem-7825	95	15	senior	senior	ADJ
fbem-7825	95	16	executives	executive	NOUN
fbem-7825	95	17	on	on	ADP
fbem-7825	95	18	corporate	corporate	ADJ
fbem-7825	95	19	green	green	ADJ
fbem-7825	95	20	innovation	innovation	NOUN
fbem-7825	95	21	variable	variable	ADJ
fbem-7825	95	22	name	name	NOUN
fbem-7825	95	23	explained	explain	VERB
fbem-7825	95	24	variable	variable	NOUN
fbem-7825	95	25	(	(	PUNCT
fbem-7825	95	26	1	1	NUM
fbem-7825	95	27	)	)	PUNCT
fbem-7825	95	28	green	green	ADJ
fbem-7825	95	29	patent	patent	NOUN
fbem-7825	95	30	overall	overall	ADJ
fbem-7825	95	31	level	level	NOUN
fbem-7825	95	32	(	(	PUNCT
fbem-7825	95	33	2	2	NUM
fbem-7825	95	34	)	)	PUNCT
fbem-7825	95	35	green	green	ADJ
fbem-7825	95	36	patent	patent	NOUN
fbem-7825	95	37	overall	overall	ADJ
fbem-7825	95	38	level	level	NOUN
fbem-7825	95	39	(	(	PUNCT
fbem-7825	95	40	3	3	X
fbem-7825	95	41	)	)	PUNCT
fbem-7825	95	42	green	green	ADJ
fbem-7825	95	43	invention	invention	NOUN
fbem-7825	95	44	patent	patent	NOUN
fbem-7825	95	45	level	level	NOUN
fbem-7825	95	46	(	(	PUNCT
fbem-7825	95	47	4	4	NUM
fbem-7825	95	48	)	)	PUNCT
fbem-7825	95	49	green	green	ADJ
fbem-7825	95	50	invention	invention	NOUN
fbem-7825	95	51	patent	patent	NOUN
fbem-7825	95	52	level	level	NOUN
fbem-7825	95	53	exe_vertical	exe_vertical	VERB
fbem-7825	95	54	0.181	0.181	NUM
fbem-7825	95	55	*	*	PUNCT
fbem-7825	95	56	*	*	PUNCT
fbem-7825	95	57	(	(	PUNCT
fbem-7825	95	58	0.049	0.049	NUM
fbem-7825	95	59	)	)	PUNCT
fbem-7825	95	60	0.181	0.181	NUM
fbem-7825	95	61	*	*	PUNCT
fbem-7825	95	62	*	*	PUNCT
fbem-7825	95	63	*	*	PUNCT
fbem-7825	95	64	(	(	PUNCT
fbem-7825	95	65	0.050	0.050	NUM
fbem-7825	95	66	)	)	PUNCT
fbem-7825	95	67	0.204	0.204	NUM
fbem-7825	95	68	*	*	PUNCT
fbem-7825	95	69	*	*	PUNCT
fbem-7825	95	70	*	*	PUNCT
fbem-7825	95	71	(	(	PUNCT
fbem-7825	95	72	0.051	0.051	NUM
fbem-7825	95	73	)	)	PUNCT
fbem-7825	95	74	0.204	0.204	NUM
fbem-7825	95	75	*	*	PUNCT
fbem-7825	95	76	*	*	PUNCT
fbem-7825	95	77	*	*	PUNCT
fbem-7825	95	78	(	(	PUNCT
fbem-7825	95	79	0.052	0.052	NUM
fbem-7825	95	80	)	)	PUNCT
fbem-7825	95	81	roa	roa	NOUN
fbem-7825	95	82	1.538	1.538	NUM
fbem-7825	95	83	*	*	PUNCT
fbem-7825	95	84	*	*	PUNCT
fbem-7825	95	85	*	*	PUNCT
fbem-7825	95	86	(	(	PUNCT
fbem-7825	95	87	0.217	0.217	NUM
fbem-7825	95	88	)	)	PUNCT
fbem-7825	95	89	1.538	1.538	NUM
fbem-7825	95	90	*	*	PUNCT
fbem-7825	95	91	*	*	PUNCT
fbem-7825	95	92	*	*	PUNCT
fbem-7825	95	93	(	(	PUNCT
fbem-7825	95	94	0.199	0.199	NUM
fbem-7825	95	95	)	)	PUNCT
fbem-7825	95	96	1.907	1.907	NUM
fbem-7825	95	97	*	*	PUNCT
fbem-7825	95	98	*	*	PUNCT
fbem-7825	95	99	*	*	PUNCT
fbem-7825	95	100	(	(	PUNCT
fbem-7825	95	101	0.225	0.225	NUM
fbem-7825	95	102	)	)	PUNCT
fbem-7825	95	103	1.907	1.907	NUM
fbem-7825	95	104	*	*	PUNCT
fbem-7825	95	105	*	*	PUNCT
fbem-7825	95	106	*	*	PUNCT
fbem-7825	95	107	(	(	PUNCT
fbem-7825	95	108	0.213	0.213	NUM
fbem-7825	95	109	)	)	PUNCT
fbem-7825	95	110	ibr	ibr	NOUN
fbem-7825	95	111	0.006	0.006	NUM
fbem-7825	95	112	(	(	PUNCT
fbem-7825	95	113	0.029	0.029	NUM
fbem-7825	95	114	)	)	PUNCT
fbem-7825	95	115	0.006	0.006	NUM
fbem-7825	95	116	(	(	PUNCT
fbem-7825	95	117	0.028	0.028	NUM
fbem-7825	95	118	)	)	PUNCT
fbem-7825	95	119	0.008	0.008	NUM
fbem-7825	95	120	(	(	PUNCT
fbem-7825	95	121	0.030	0.030	NUM
fbem-7825	95	122	)	)	PUNCT
fbem-7825	95	123	0.008	0.008	NUM
fbem-7825	95	124	(	(	PUNCT
fbem-7825	95	125	0.029	0.029	NUM
fbem-7825	95	126	)	)	PUNCT
fbem-7825	95	127	size	size	NOUN
fbem-7825	95	128	0.411	0.411	NUM
fbem-7825	95	129	*	*	PUNCT
fbem-7825	95	130	*	*	PUNCT
fbem-7825	95	131	*	*	PUNCT
fbem-7825	95	132	(	(	PUNCT
fbem-7825	95	133	0.007	0.007	NUM
fbem-7825	95	134	)	)	PUNCT
fbem-7825	95	135	0.411	0.411	NUM
fbem-7825	95	136	*	*	PUNCT
fbem-7825	95	137	*	*	PUNCT
fbem-7825	95	138	*	*	PUNCT
fbem-7825	95	139	(	(	PUNCT
fbem-7825	95	140	0.009	0.009	NUM
fbem-7825	95	141	)	)	PUNCT
fbem-7825	95	142	0.426	0.426	NUM
fbem-7825	95	143	*	*	PUNCT
fbem-7825	95	144	*	*	PUNCT
fbem-7825	95	145	*	*	PUNCT
fbem-7825	95	146	(	(	PUNCT
fbem-7825	95	147	0.007	0.007	NUM
fbem-7825	95	148	)	)	PUNCT
fbem-7825	95	149	0.426	0.426	NUM
fbem-7825	95	150	*	*	PUNCT
fbem-7825	95	151	*	*	PUNCT
fbem-7825	95	152	*	*	PUNCT
fbem-7825	95	153	(	(	PUNCT
fbem-7825	95	154	0.009	0.009	NUM
fbem-7825	95	155	)	)	PUNCT
fbem-7825	95	156	lev	lev	NOUN
fbem-7825	95	157	-1.342	-1.342	PUNCT
fbem-7825	95	158	*	*	PUNCT
fbem-7825	95	159	*	*	PUNCT
fbem-7825	95	160	*	*	PUNCT
fbem-7825	95	161	(	(	PUNCT
fbem-7825	95	162	0.110	0.110	NUM
fbem-7825	95	163	)	)	PUNCT
fbem-7825	95	164	-1.342	-1.342	PUNCT
fbem-7825	96	1	*	*	PUNCT
fbem-7825	96	2	*	*	PUNCT
fbem-7825	96	3	*	*	PUNCT
fbem-7825	96	4	(	(	PUNCT
fbem-7825	96	5	0.120	0.120	NUM
fbem-7825	96	6	)	)	PUNCT
fbem-7825	97	1	-1.551	-1.551	NOUN
fbem-7825	97	2	*	*	PUNCT
fbem-7825	97	3	*	*	PUNCT
fbem-7825	97	4	*	*	PUNCT
fbem-7825	97	5	(	(	PUNCT
fbem-7825	97	6	0.114	0.114	NUM
fbem-7825	97	7	)	)	PUNCT
fbem-7825	97	8	-1.551	-1.551	NOUN
fbem-7825	98	1	*	*	PUNCT
fbem-7825	98	2	*	*	PUNCT
fbem-7825	98	3	*	*	PUNCT
fbem-7825	98	4	(	(	PUNCT
fbem-7825	98	5	0.124	0.124	NUM
fbem-7825	98	6	)	)	PUNCT
fbem-7825	98	7	cr	cr	NOUN
fbem-7825	98	8	-0.617	-0.617	PROPN
fbem-7825	98	9	*	*	PUNCT
fbem-7825	98	10	*	*	PUNCT
fbem-7825	98	11	*	*	PUNCT
fbem-7825	98	12	(	(	PUNCT
fbem-7825	98	13	0.166	0.166	NUM
fbem-7825	98	14	)	)	PUNCT
fbem-7825	98	15	-0.617	-0.617	PROPN
fbem-7825	99	1	*	*	PUNCT
fbem-7825	99	2	*	*	PUNCT
fbem-7825	99	3	*	*	PUNCT
fbem-7825	99	4	(	(	PUNCT
fbem-7825	99	5	0.158	0.158	NUM
fbem-7825	99	6	)	)	PUNCT
fbem-7825	99	7	-0.457	-0.457	PUNCT
fbem-7825	100	1	*	*	PUNCT
fbem-7825	100	2	*	*	PUNCT
fbem-7825	100	3	*	*	PUNCT
fbem-7825	100	4	(	(	PUNCT
fbem-7825	100	5	0.001	0.001	NUM
fbem-7825	100	6	)	)	PUNCT
fbem-7825	100	7	-0.457	-0.457	NOUN
fbem-7825	101	1	*	*	PUNCT
fbem-7825	101	2	*	*	PUNCT
fbem-7825	101	3	*	*	PUNCT
fbem-7825	101	4	(	(	PUNCT
fbem-7825	101	5	0.164	0.164	NUM
fbem-7825	101	6	)	)	PUNCT
fbem-7825	101	7	age	age	NOUN
fbem-7825	101	8	-7.142	-7.142	PUNCT
fbem-7825	101	9	*	*	PUNCT
fbem-7825	101	10	*	*	PUNCT
fbem-7825	101	11	*	*	PUNCT
fbem-7825	101	12	(	(	PUNCT
fbem-7825	101	13	0.160	0.160	NUM
fbem-7825	101	14	)	)	PUNCT
fbem-7825	101	15	-0.008	-0.008	NOUN
fbem-7825	101	16	*	*	PUNCT
fbem-7825	101	17	*	*	PUNCT
fbem-7825	101	18	*	*	PUNCT
fbem-7825	101	19	(	(	PUNCT
fbem-7825	101	20	0.001	0.001	NUM
fbem-7825	101	21	)	)	PUNCT
fbem-7825	101	22	-0.008	-0.008	NOUN
fbem-7825	101	23	*	*	PUNCT
fbem-7825	101	24	*	*	PUNCT
fbem-7825	101	25	*	*	PUNCT
fbem-7825	101	26	(	(	PUNCT
fbem-7825	101	27	0.001	0.001	NUM
fbem-7825	101	28	)	)	PUNCT
fbem-7825	101	29	-0.008	-0.008	NOUN
fbem-7825	102	1	*	*	PUNCT
fbem-7825	102	2	*	*	PUNCT
fbem-7825	102	3	*	*	PUNCT
fbem-7825	102	4	(	(	PUNCT
fbem-7825	102	5	0.001	0.001	NUM
fbem-7825	102	6	)	)	PUNCT
fbem-7825	102	7	constant	constant	ADJ
fbem-7825	102	8	term	term	NOUN
fbem-7825	102	9	-7.142	-7.142	PUNCT
fbem-7825	102	10	*	*	PUNCT
fbem-7825	102	11	*	*	PUNCT
fbem-7825	102	12	*	*	PUNCT
fbem-7825	102	13	(	(	PUNCT
fbem-7825	102	14	0.160	0.160	NUM
fbem-7825	102	15	)	)	PUNCT
fbem-7825	102	16	-7.142	-7.142	PUNCT
fbem-7825	103	1	*	*	PUNCT
fbem-7825	103	2	*	*	PUNCT
fbem-7825	103	3	*	*	PUNCT
fbem-7825	103	4	(	(	PUNCT
fbem-7825	103	5	0.196	0.196	NUM
fbem-7825	103	6	)	)	PUNCT
fbem-7825	103	7	-7.998	-7.998	PUNCT
fbem-7825	104	1	*	*	PUNCT
fbem-7825	104	2	*	*	PUNCT
fbem-7825	104	3	*	*	PUNCT
fbem-7825	104	4	(	(	PUNCT
fbem-7825	104	5	0.166	0.166	NUM
fbem-7825	104	6	)	)	PUNCT
fbem-7825	104	7	-7.998	-7.998	PUNCT
fbem-7825	105	1	*	*	PUNCT
fbem-7825	105	2	*	*	PUNCT
fbem-7825	105	3	*	*	PUNCT
fbem-7825	105	4	(	(	PUNCT
fbem-7825	105	5	0.203	0.203	NUM
fbem-7825	105	6	)	)	PUNCT
fbem-7825	105	7	control	control	NOUN
fbem-7825	105	8	variable	variable	ADJ
fbem-7825	105	9	control	control	PROPN
fbem-7825	105	10	control	control	PROPN
fbem-7825	105	11	control	control	PROPN
fbem-7825	105	12	control	control	PROPN
fbem-7825	105	13	n	n	PROPN
fbem-7825	105	14	15341	15341	NUM
fbem-7825	105	15	15341	15341	NUM
fbem-7825	105	16	15341	15341	NUM
fbem-7825	105	17	15341	15341	NUM
fbem-7825	105	18	adj	adj	PROPN
fbem-7825	105	19	-	-	PUNCT
fbem-7825	105	20	r2	r2	PROPN
fbem-7825	105	21	0.200	0.200	NUM
fbem-7825	105	22	0.198	0.198	NUM
fbem-7825	105	23	0.200	0.200	NUM
fbem-7825	105	24	0.200	0.200	NUM
fbem-7825	105	25	f	f	X
fbem-7825	105	26	-	-	PUNCT
fbem-7825	105	27	value	value	NOUN
fbem-7825	105	28	541.54	541.54	NUM
fbem-7825	105	29	356.46	356.46	NUM
fbem-7825	105	30	548.03	548.03	NUM
fbem-7825	105	31	359.85	359.85	NUM
fbem-7825	105	32	prob	prob	NOUN
fbem-7825	105	33	>	>	X
fbem-7825	105	34	f	f	PROPN
fbem-7825	105	35	0.000	0.000	NUM
fbem-7825	105	36	0.000	0.000	NUM
fbem-7825	105	37	0.000	0.000	NUM
fbem-7825	105	38	0.000	0.000	NUM
fbem-7825	105	39	4.3	4.3	NUM
fbem-7825	105	40	.	.	PUNCT
fbem-7825	106	1	robustness	robustness	NOUN
fbem-7825	106	2	test	test	NOUN
fbem-7825	106	3	the	the	DET
fbem-7825	106	4	benchmark	benchmark	NOUN
fbem-7825	106	5	regression	regression	NOUN
fbem-7825	106	6	results	result	NOUN
fbem-7825	106	7	of	of	ADP
fbem-7825	106	8	this	this	DET
fbem-7825	106	9	paper	paper	NOUN
fbem-7825	106	10	show	show	VERB
fbem-7825	106	11	that	that	SCONJ
fbem-7825	106	12	the	the	DET
fbem-7825	106	13	vertical	vertical	ADJ
fbem-7825	106	14	concurrent	concurrent	ADJ
fbem-7825	106	15	position	position	NOUN
fbem-7825	106	16	of	of	ADP
fbem-7825	106	17	senior	senior	ADJ
fbem-7825	106	18	executives	executive	NOUN
fbem-7825	106	19	can	can	AUX
fbem-7825	106	20	significantly	significantly	ADV
fbem-7825	106	21	improve	improve	VERB
fbem-7825	106	22	the	the	DET
fbem-7825	106	23	degree	degree	NOUN
fbem-7825	106	24	of	of	ADP
fbem-7825	106	25	green	green	ADJ
fbem-7825	106	26	innovation	innovation	NOUN
fbem-7825	106	27	of	of	ADP
fbem-7825	106	28	enterprises	enterprise	NOUN
fbem-7825	106	29	.	.	PUNCT
fbem-7825	107	1	this	this	DET
fbem-7825	107	2	part	part	NOUN
fbem-7825	107	3	intends	intend	VERB
fbem-7825	107	4	to	to	PART
fbem-7825	107	5	further	far	ADV
fbem-7825	107	6	analyze	analyze	VERB
fbem-7825	107	7	this	this	DET
fbem-7825	107	8	positive	positive	ADJ
fbem-7825	107	9	impact	impact	NOUN
fbem-7825	107	10	.	.	PUNCT
fbem-7825	108	1	column	column	NOUN
fbem-7825	108	2	(	(	PUNCT
fbem-7825	108	3	1	1	X
fbem-7825	108	4	)	)	PUNCT
fbem-7825	108	5	in	in	ADP
fbem-7825	108	6	table	table	NOUN
fbem-7825	108	7	3	3	NUM
fbem-7825	108	8	uses	use	VERB
fbem-7825	108	9	the	the	DET
fbem-7825	108	10	level	level	NOUN
fbem-7825	108	11	of	of	ADP
fbem-7825	108	12	green	green	ADJ
fbem-7825	108	13	utility	utility	NOUN
fbem-7825	108	14	patents	patent	NOUN
fbem-7825	108	15	as	as	ADP
fbem-7825	108	16	the	the	DET
fbem-7825	108	17	proxy	proxy	ADJ
fbem-7825	108	18	variable	variable	NOUN
fbem-7825	108	19	for	for	ADP
fbem-7825	108	20	the	the	DET
fbem-7825	108	21	degree	degree	NOUN
fbem-7825	108	22	of	of	ADP
fbem-7825	108	23	green	green	ADJ
fbem-7825	108	24	innovation	innovation	NOUN
fbem-7825	108	25	of	of	ADP
fbem-7825	108	26	enterprises	enterprise	NOUN
fbem-7825	108	27	,	,	PUNCT
fbem-7825	108	28	and	and	CCONJ
fbem-7825	108	29	the	the	DET
fbem-7825	108	30	results	result	NOUN
fbem-7825	108	31	show	show	VERB
fbem-7825	108	32	that	that	SCONJ
fbem-7825	108	33	the	the	DET
fbem-7825	108	34	coefficient	coefficient	NOUN
fbem-7825	108	35	is	be	AUX
fbem-7825	108	36	0.118	0.118	NUM
fbem-7825	108	37	,	,	PUNCT
fbem-7825	108	38	which	which	PRON
fbem-7825	108	39	is	be	AUX
fbem-7825	108	40	less	less	ADV
fbem-7825	108	41	significant	significant	ADJ
fbem-7825	108	42	,	,	PUNCT
fbem-7825	108	43	but	but	CCONJ
fbem-7825	108	44	still	still	ADV
fbem-7825	108	45	significant	significant	ADJ
fbem-7825	108	46	at	at	ADP
fbem-7825	108	47	the	the	DET
fbem-7825	108	48	level	level	NOUN
fbem-7825	108	49	of	of	ADP
fbem-7825	108	50	5	5	NUM
fbem-7825	108	51	%	%	NOUN
fbem-7825	108	52	.	.	PUNCT
fbem-7825	109	1	column	column	NOUN
fbem-7825	109	2	(	(	PUNCT
fbem-7825	109	3	2	2	X
fbem-7825	109	4	)	)	PUNCT
fbem-7825	109	5	is	be	AUX
fbem-7825	109	6	based	base	VERB
fbem-7825	109	7	on	on	ADP
fbem-7825	109	8	column	column	NOUN
fbem-7825	109	9	(	(	PUNCT
fbem-7825	109	10	1	1	NUM
fbem-7825	109	11	)	)	PUNCT
fbem-7825	109	12	and	and	CCONJ
fbem-7825	109	13	reports	report	VERB
fbem-7825	109	14	robust	robust	ADJ
fbem-7825	109	15	standard	standard	ADJ
fbem-7825	109	16	error	error	NOUN
fbem-7825	109	17	with	with	ADP
fbem-7825	109	18	a	a	DET
fbem-7825	109	19	coefficient	coefficient	NOUN
fbem-7825	109	20	of	of	ADP
fbem-7825	109	21	0.118	0.118	NUM
fbem-7825	109	22	,	,	PUNCT
fbem-7825	109	23	significant	significant	ADJ
fbem-7825	109	24	at	at	ADP
fbem-7825	109	25	the	the	DET
fbem-7825	109	26	5	5	NUM
fbem-7825	109	27	%	%	NOUN
fbem-7825	109	28	level	level	NOUN
fbem-7825	109	29	.	.	PUNCT
fbem-7825	110	1	the	the	DET
fbem-7825	110	2	result	result	NOUN
fbem-7825	110	3	of	of	ADP
fbem-7825	110	4	baseline	baseline	ADJ
fbem-7825	110	5	regression	regression	NOUN
fbem-7825	110	6	is	be	AUX
fbem-7825	110	7	verified	verify	VERB
fbem-7825	110	8	again	again	ADV
fbem-7825	110	9	.	.	PUNCT
fbem-7825	111	1	columns	column	NOUN
fbem-7825	111	2	(	(	PUNCT
fbem-7825	111	3	3	3	NUM
fbem-7825	111	4	)	)	PUNCT
fbem-7825	111	5	and	and	CCONJ
fbem-7825	111	6	(	(	PUNCT
fbem-7825	111	7	4	4	X
fbem-7825	111	8	)	)	PUNCT
fbem-7825	111	9	in	in	ADP
fbem-7825	111	10	table	table	NOUN
fbem-7825	111	11	3	3	NUM
fbem-7825	111	12	are	be	AUX
fbem-7825	111	13	the	the	DET
fbem-7825	111	14	results	result	NOUN
fbem-7825	111	15	of	of	ADP
fbem-7825	111	16	sub	sub	ADJ
fbem-7825	111	17	-	-	ADJ
fbem-7825	111	18	sample	sample	ADJ
fbem-7825	111	19	regression	regression	NOUN
fbem-7825	111	20	.	.	PUNCT
fbem-7825	112	1	the	the	DET
fbem-7825	112	2	enterprises	enterprise	NOUN
fbem-7825	112	3	with	with	ADP
fbem-7825	112	4	more	more	ADJ
fbem-7825	112	5	than	than	ADP
fbem-7825	112	6	or	or	CCONJ
fbem-7825	112	7	equal	equal	ADJ
fbem-7825	112	8	to	to	ADP
fbem-7825	112	9	3	3	NUM
fbem-7825	112	10	vertical	vertical	ADJ
fbem-7825	112	11	adjunct	adjunct	ADJ
fbem-7825	112	12	positions	position	NOUN
fbem-7825	112	13	of	of	ADP
fbem-7825	112	14	senior	senior	ADJ
fbem-7825	112	15	executives	executive	NOUN
fbem-7825	112	16	are	be	AUX
fbem-7825	112	17	defined	define	VERB
fbem-7825	112	18	as	as	ADP
fbem-7825	112	19	high	high	ADJ
fbem-7825	112	20	-	-	PUNCT
fbem-7825	112	21	frequency	frequency	NOUN
fbem-7825	112	22	adjunct	adjunct	ADJ
fbem-7825	112	23	positions	position	NOUN
fbem-7825	112	24	and	and	CCONJ
fbem-7825	112	25	reported	report	VERB
fbem-7825	112	26	in	in	ADP
fbem-7825	112	27	column	column	NOUN
fbem-7825	112	28	(	(	PUNCT
fbem-7825	112	29	3	3	NUM
fbem-7825	112	30	)	)	PUNCT
fbem-7825	112	31	,	,	PUNCT
fbem-7825	112	32	while	while	SCONJ
fbem-7825	112	33	the	the	DET
fbem-7825	112	34	rest	rest	NOUN
fbem-7825	112	35	are	be	AUX
fbem-7825	112	36	low	low	ADJ
fbem-7825	112	37	-	-	PUNCT
fbem-7825	112	38	frequency	frequency	NOUN
fbem-7825	112	39	adjunct	adjunct	ADJ
fbem-7825	112	40	positions	position	NOUN
fbem-7825	112	41	and	and	CCONJ
fbem-7825	112	42	reported	report	VERB
fbem-7825	112	43	in	in	ADP
fbem-7825	112	44	column	column	NOUN
fbem-7825	112	45	(	(	PUNCT
fbem-7825	112	46	4	4	NUM
fbem-7825	112	47	)	)	PUNCT
fbem-7825	112	48	for	for	ADP
fbem-7825	112	49	grouping	group	VERB
fbem-7825	112	50	regression	regression	NOUN
fbem-7825	112	51	.	.	PUNCT
fbem-7825	113	1	the	the	DET
fbem-7825	113	2	results	result	NOUN
fbem-7825	113	3	show	show	VERB
fbem-7825	113	4	that	that	SCONJ
fbem-7825	113	5	the	the	DET
fbem-7825	113	6	coefficient	coefficient	NOUN
fbem-7825	113	7	of	of	ADP
fbem-7825	113	8	high	high	ADJ
fbem-7825	113	9	frequency	frequency	NOUN
fbem-7825	113	10	adjunct	adjunct	ADJ
fbem-7825	113	11	is	be	AUX
fbem-7825	113	12	0.130	0.130	NUM
fbem-7825	113	13	,	,	PUNCT
fbem-7825	113	14	which	which	PRON
fbem-7825	113	15	is	be	AUX
fbem-7825	113	16	significant	significant	ADJ
fbem-7825	113	17	at	at	ADP
fbem-7825	113	18	5	5	NUM
fbem-7825	113	19	%	%	NOUN
fbem-7825	113	20	level	level	NOUN
fbem-7825	113	21	,	,	PUNCT
fbem-7825	113	22	while	while	SCONJ
fbem-7825	113	23	the	the	DET
fbem-7825	113	24	coefficient	coefficient	NOUN
fbem-7825	113	25	of	of	ADP
fbem-7825	113	26	low	low	ADJ
fbem-7825	113	27	frequency	frequency	NOUN
fbem-7825	113	28	adjunct	adjunct	ADJ
fbem-7825	113	29	is	be	AUX
fbem-7825	113	30	0.156	0.156	NUM
fbem-7825	113	31	,	,	PUNCT
fbem-7825	113	32	which	which	PRON
fbem-7825	113	33	is	be	AUX
fbem-7825	113	34	significant	significant	ADJ
fbem-7825	113	35	at	at	ADP
fbem-7825	113	36	5	5	NUM
fbem-7825	113	37	%	%	NOUN
fbem-7825	113	38	level	level	NOUN
fbem-7825	113	39	,	,	PUNCT
fbem-7825	113	40	indicating	indicate	VERB
fbem-7825	113	41	that	that	SCONJ
fbem-7825	113	42	the	the	DET
fbem-7825	113	43	vertical	vertical	NOUN
fbem-7825	113	44	adjunct	adjunct	VERB
fbem-7825	113	45	of	of	ADP
fbem-7825	113	46	senior	senior	ADJ
fbem-7825	113	47	executives	executive	NOUN
fbem-7825	113	48	with	with	ADP
fbem-7825	113	49	low	low	ADJ
fbem-7825	113	50	frequency	frequency	NOUN
fbem-7825	113	51	is	be	AUX
fbem-7825	113	52	more	more	ADJ
fbem-7825	113	53	about	about	ADP
fbem-7825	113	54	using	use	VERB
fbem-7825	113	55	the	the	DET
fbem-7825	113	56	advantage	advantage	NOUN
fbem-7825	113	57	of	of	ADP
fbem-7825	113	58	major	major	ADJ
fbem-7825	113	59	shareholders	shareholder	NOUN
fbem-7825	113	60	to	to	PART
fbem-7825	113	61	reduce	reduce	VERB
fbem-7825	113	62	the	the	DET
fbem-7825	113	63	degree	degree	NOUN
fbem-7825	113	64	of	of	ADP
fbem-7825	113	65	information	information	NOUN
fbem-7825	113	66	asymmetry	asymmetry	NOUN
fbem-7825	113	67	of	of	ADP
fbem-7825	113	68	listed	list	VERB
fbem-7825	113	69	companies	company	NOUN
fbem-7825	113	70	and	and	CCONJ
fbem-7825	113	71	improve	improve	VERB
fbem-7825	113	72	the	the	DET
fbem-7825	113	73	efficiency	efficiency	NOUN
fbem-7825	113	74	of	of	ADP
fbem-7825	113	75	enterprise	enterprise	NOUN
fbem-7825	113	76	resource	resource	NOUN
fbem-7825	113	77	allocation	allocation	NOUN
fbem-7825	113	78	.	.	PUNCT
fbem-7825	114	1	however	however	ADV
fbem-7825	114	2	,	,	PUNCT
fbem-7825	114	3	the	the	DET
fbem-7825	114	4	high	high	ADJ
fbem-7825	114	5	frequency	frequency	NOUN
fbem-7825	114	6	of	of	ADP
fbem-7825	114	7	vertical	vertical	ADJ
fbem-7825	114	8	adjuncts	adjunct	NOUN
fbem-7825	114	9	of	of	ADP
fbem-7825	114	10	senior	senior	ADJ
fbem-7825	114	11	executives	executive	NOUN
fbem-7825	114	12	highlights	highlight	VERB
fbem-7825	114	13	their	their	PRON
fbem-7825	114	14	profit	profit	NOUN
fbem-7825	114	15	-	-	PUNCT
fbem-7825	114	16	seeking	seek	VERB
fbem-7825	114	17	motives	motive	NOUN
fbem-7825	114	18	and	and	CCONJ
fbem-7825	114	19	inhibits	inhibit	VERB
fbem-7825	114	20	enterprises	enterprise	NOUN
fbem-7825	114	21	'	'	PART
fbem-7825	114	22	green	green	ADJ
fbem-7825	114	23	innovation	innovation	NOUN
fbem-7825	114	24	behavior	behavior	NOUN
fbem-7825	114	25	.	.	PUNCT
fbem-7825	115	1	table	table	NOUN
fbem-7825	115	2	3	3	NUM
fbem-7825	115	3	.	.	X
fbem-7825	115	4	robustness	robustness	NOUN
fbem-7825	115	5	test	test	NOUN
fbem-7825	115	6	results	result	NOUN
fbem-7825	115	7	of	of	ADP
fbem-7825	115	8	the	the	DET
fbem-7825	115	9	influence	influence	NOUN
fbem-7825	115	10	of	of	ADP
fbem-7825	115	11	vertical	vertical	ADJ
fbem-7825	115	12	concurrent	concurrent	ADJ
fbem-7825	115	13	positions	position	NOUN
fbem-7825	115	14	of	of	ADP
fbem-7825	115	15	senior	senior	ADJ
fbem-7825	115	16	executives	executive	NOUN
fbem-7825	115	17	on	on	ADP
fbem-7825	115	18	corporate	corporate	ADJ
fbem-7825	115	19	green	green	ADJ
fbem-7825	115	20	innovation	innovation	NOUN
fbem-7825	115	21	variable	variable	ADJ
fbem-7825	115	22	name	name	NOUN
fbem-7825	115	23	explained	explain	VERB
fbem-7825	115	24	variable	variable	NOUN
fbem-7825	115	25	(	(	PUNCT
fbem-7825	115	26	1	1	NUM
fbem-7825	115	27	)	)	PUNCT
fbem-7825	115	28	green	green	ADJ
fbem-7825	115	29	utility	utility	NOUN
fbem-7825	115	30	patent	patent	NOUN
fbem-7825	115	31	level	level	NOUN
fbem-7825	115	32	(	(	PUNCT
fbem-7825	115	33	2	2	NUM
fbem-7825	115	34	)	)	PUNCT
fbem-7825	115	35	green	green	ADJ
fbem-7825	115	36	utility	utility	NOUN
fbem-7825	115	37	patent	patent	NOUN
fbem-7825	115	38	level	level	NOUN
fbem-7825	115	39	(	(	PUNCT
fbem-7825	115	40	3	3	NUM
fbem-7825	115	41	)	)	PUNCT
fbem-7825	115	42	high	high	ADJ
fbem-7825	115	43	frequency	frequency	NOUN
fbem-7825	115	44	concurrent	concurrent	NOUN
fbem-7825	115	45	(	(	PUNCT
fbem-7825	115	46	4	4	NUM
fbem-7825	115	47	)	)	PUNCT
fbem-7825	115	48	high	high	ADJ
fbem-7825	115	49	frequency	frequency	NOUN
fbem-7825	115	50	concurrent	concurrent	NOUN
fbem-7825	115	51	exe_vertical	exe_vertical	VERB
fbem-7825	115	52	0.118	0.118	NUM
fbem-7825	115	53	*	*	PUNCT
fbem-7825	115	54	*	*	PUNCT
fbem-7825	115	55	(	(	PUNCT
fbem-7825	115	56	0.046	0.046	NUM
fbem-7825	115	57	)	)	PUNCT
fbem-7825	115	58	0.118	0.118	NUM
fbem-7825	116	1	*	*	PUNCT
fbem-7825	116	2	*	*	PUNCT
fbem-7825	116	3	(	(	PUNCT
fbem-7825	116	4	0.048	0.048	NUM
fbem-7825	116	5	)	)	PUNCT
fbem-7825	116	6	0.130	0.130	NUM
fbem-7825	116	7	*	*	NOUN
fbem-7825	116	8	*	*	PUNCT
fbem-7825	116	9	(	(	PUNCT
fbem-7825	116	10	0.072	0.072	NUM
fbem-7825	116	11	)	)	PUNCT
fbem-7825	116	12	0.156	0.156	NUM
fbem-7825	116	13	*	*	PUNCT
fbem-7825	116	14	*	*	PUNCT
fbem-7825	116	15	(	(	PUNCT
fbem-7825	116	16	0.067	0.067	NUM
fbem-7825	116	17	)	)	PUNCT
fbem-7825	116	18	roa	roa	NOUN
fbem-7825	116	19	0.445	0.445	NUM
fbem-7825	116	20	*	*	PUNCT
fbem-7825	116	21	*	*	PUNCT
fbem-7825	116	22	(	(	PUNCT
fbem-7825	116	23	0.205	0.205	NUM
fbem-7825	116	24	)	)	PUNCT
fbem-7825	116	25	0.445	0.445	NUM
fbem-7825	117	1	*	*	PUNCT
fbem-7825	117	2	*	*	PUNCT
fbem-7825	117	3	(	(	PUNCT
fbem-7825	117	4	0.181	0.181	NUM
fbem-7825	117	5	)	)	PUNCT
fbem-7825	117	6	0.013	0.013	NUM
fbem-7825	117	7	(	(	PUNCT
fbem-7825	117	8	0.494	0.494	NUM
fbem-7825	117	9	)	)	PUNCT
fbem-7825	117	10	0.516	0.516	NUM
fbem-7825	117	11	*	*	PUNCT
fbem-7825	117	12	*	*	PUNCT
fbem-7825	117	13	*	*	PUNCT
fbem-7825	117	14	(	(	PUNCT
fbem-7825	117	15	0.194	0.194	NUM
fbem-7825	117	16	)	)	PUNCT
fbem-7825	117	17	ibr	ibr	NOUN
fbem-7825	117	18	-0.002	-0.002	PUNCT
fbem-7825	117	19	(	(	PUNCT
fbem-7825	117	20	0.027	0.027	NUM
fbem-7825	117	21	)	)	PUNCT
fbem-7825	117	22	-0.002	-0.002	PUNCT
fbem-7825	117	23	(	(	PUNCT
fbem-7825	117	24	0.027	0.027	NUM
fbem-7825	117	25	)	)	PUNCT
fbem-7825	117	26	-0.025	-0.025	PUNCT
fbem-7825	117	27	(	(	PUNCT
fbem-7825	117	28	0.079	0.079	NUM
fbem-7825	117	29	)	)	PUNCT
fbem-7825	117	30	0.0005	0.0005	NUM
fbem-7825	117	31	(	(	PUNCT
fbem-7825	117	32	0.029	0.029	NUM
fbem-7825	117	33	)	)	PUNCT
fbem-7825	117	34	size	size	NOUN
fbem-7825	117	35	0.294	0.294	NUM
fbem-7825	117	36	*	*	PUNCT
fbem-7825	117	37	*	*	PUNCT
fbem-7825	117	38	*	*	PUNCT
fbem-7825	117	39	(	(	PUNCT
fbem-7825	117	40	0.007	0.007	NUM
fbem-7825	117	41	)	)	PUNCT
fbem-7825	117	42	0.294	0.294	NUM
fbem-7825	117	43	*	*	PUNCT
fbem-7825	117	44	*	*	PUNCT
fbem-7825	117	45	*	*	PUNCT
fbem-7825	117	46	(	(	PUNCT
fbem-7825	117	47	0.008	0.008	NUM
fbem-7825	117	48	)	)	PUNCT
fbem-7825	117	49	0.311	0.311	NUM
fbem-7825	117	50	*	*	PUNCT
fbem-7825	117	51	*	*	PUNCT
fbem-7825	117	52	*	*	PUNCT
fbem-7825	117	53	(	(	PUNCT
fbem-7825	117	54	0.023	0.023	NUM
fbem-7825	117	55	)	)	PUNCT
fbem-7825	117	56	0.292	0.292	NUM
fbem-7825	117	57	*	*	PUNCT
fbem-7825	117	58	*	*	PUNCT
fbem-7825	117	59	*	*	PUNCT
fbem-7825	117	60	(	(	PUNCT
fbem-7825	117	61	0.008	0.008	NUM
fbem-7825	117	62	)	)	PUNCT
fbem-7825	117	63	lev	lev	NOUN
fbem-7825	117	64	-0.720	-0.720	NOUN
fbem-7825	117	65	*	*	PUNCT
fbem-7825	117	66	*	*	PUNCT
fbem-7825	117	67	*	*	PUNCT
fbem-7825	117	68	(	(	PUNCT
fbem-7825	117	69	0.104	0.104	NUM
fbem-7825	117	70	)	)	PUNCT
fbem-7825	117	71	-0.720	-0.720	NOUN
fbem-7825	117	72	*	*	PUNCT
fbem-7825	117	73	*	*	PUNCT
fbem-7825	117	74	*	*	PUNCT
fbem-7825	117	75	(	(	PUNCT
fbem-7825	117	76	0.109	0.109	NUM
fbem-7825	117	77	)	)	PUNCT
fbem-7825	117	78	-0.677	-0.677	PUNCT
fbem-7825	118	1	*	*	PUNCT
fbem-7825	118	2	*	*	PUNCT
fbem-7825	118	3	(	(	PUNCT
fbem-7825	118	4	0.289	0.289	NUM
fbem-7825	118	5	)	)	PUNCT
fbem-7825	118	6	-0.724	-0.724	NOUN
fbem-7825	118	7	*	*	PUNCT
fbem-7825	118	8	*	*	PUNCT
fbem-7825	118	9	*	*	PUNCT
fbem-7825	118	10	(	(	PUNCT
fbem-7825	118	11	0.118	0.118	NUM
fbem-7825	118	12	)	)	PUNCT
fbem-7825	118	13	cr	cr	NOUN
fbem-7825	118	14	-0.580	-0.580	PROPN
fbem-7825	118	15	*	*	PUNCT
fbem-7825	119	1	*	*	PUNCT
fbem-7825	119	2	*	*	PUNCT
fbem-7825	119	3	(	(	PUNCT
fbem-7825	119	4	0.157	0.157	NUM
fbem-7825	119	5	)	)	PUNCT
fbem-7825	119	6	-0.580	-0.580	NOUN
fbem-7825	119	7	*	*	PUNCT
fbem-7825	119	8	*	*	PUNCT
fbem-7825	119	9	*	*	PUNCT
fbem-7825	119	10	(	(	PUNCT
fbem-7825	119	11	0.152	0.152	NUM
fbem-7825	119	12	)	)	PUNCT
fbem-7825	119	13	-0.433	-0.433	X
fbem-7825	119	14	(	(	PUNCT
fbem-7825	119	15	0.438	0.438	NUM
fbem-7825	119	16	)	)	PUNCT
fbem-7825	119	17	-0.618	-0.618	PUNCT
fbem-7825	119	18	*	*	PUNCT
fbem-7825	119	19	*	*	PUNCT
fbem-7825	119	20	*	*	PUNCT
fbem-7825	119	21	(	(	PUNCT
fbem-7825	119	22	0.164	0.164	NUM
fbem-7825	119	23	)	)	PUNCT
fbem-7825	119	24	age	age	NOUN
fbem-7825	119	25	-0.006	-0.006	PUNCT
fbem-7825	119	26	*	*	PUNCT
fbem-7825	119	27	*	*	PUNCT
fbem-7825	119	28	*	*	PUNCT
fbem-7825	119	29	(	(	PUNCT
fbem-7825	119	30	0.001	0.001	NUM
fbem-7825	119	31	)	)	PUNCT
fbem-7825	119	32	-0.006	-0.006	NOUN
fbem-7825	119	33	*	*	PUNCT
fbem-7825	119	34	*	*	PUNCT
fbem-7825	119	35	*	*	PUNCT
fbem-7825	119	36	(	(	PUNCT
fbem-7825	119	37	0.001	0.001	NUM
fbem-7825	119	38	)	)	PUNCT
fbem-7825	119	39	-0.007	-0.007	NOUN
fbem-7825	119	40	*	*	PUNCT
fbem-7825	119	41	*	*	PUNCT
fbem-7825	119	42	(	(	PUNCT
fbem-7825	119	43	0.004	0.004	NUM
fbem-7825	119	44	)	)	PUNCT
fbem-7825	119	45	-0.005	-0.005	PUNCT
fbem-7825	120	1	*	*	PUNCT
fbem-7825	120	2	*	*	PUNCT
fbem-7825	120	3	*	*	PUNCT
fbem-7825	120	4	(	(	PUNCT
fbem-7825	120	5	0.001	0.001	NUM
fbem-7825	120	6	)	)	PUNCT
fbem-7825	120	7	constant	constant	ADJ
fbem-7825	120	8	term	term	NOUN
fbem-7825	120	9	-5.335	-5.335	NOUN
fbem-7825	120	10	*	*	PUNCT
fbem-7825	120	11	*	*	PUNCT
fbem-7825	120	12	*	*	PUNCT
fbem-7825	120	13	(	(	PUNCT
fbem-7825	120	14	0.151	0.151	NUM
fbem-7825	120	15	)	)	PUNCT
fbem-7825	120	16	-5.335	-5.335	NOUN
fbem-7825	120	17	*	*	PUNCT
fbem-7825	120	18	*	*	PUNCT
fbem-7825	120	19	*	*	PUNCT
fbem-7825	120	20	(	(	PUNCT
fbem-7825	120	21	0.181	0.181	NUM
fbem-7825	120	22	)	)	PUNCT
fbem-7825	120	23	-5.701	-5.701	PUNCT
fbem-7825	121	1	*	*	PUNCT
fbem-7825	121	2	*	*	PUNCT
fbem-7825	121	3	*	*	PUNCT
fbem-7825	121	4	(	(	PUNCT
fbem-7825	121	5	0.512	0.512	NUM
fbem-7825	121	6	)	)	PUNCT
fbem-7825	121	7	-5.281	-5.281	PUNCT
fbem-7825	121	8	*	*	PUNCT
fbem-7825	121	9	*	*	PUNCT
fbem-7825	121	10	*	*	PUNCT
fbem-7825	121	11	(	(	PUNCT
fbem-7825	121	12	0.194	0.194	NUM
fbem-7825	121	13	)	)	PUNCT
fbem-7825	121	14	control	control	NOUN
fbem-7825	121	15	variable	variable	ADJ
fbem-7825	121	16	control	control	PROPN
fbem-7825	121	17	control	control	PROPN
fbem-7825	121	18	control	control	PROPN
fbem-7825	121	19	control	control	PROPN
fbem-7825	121	20	n	n	PROPN
fbem-7825	121	21	15341	15341	NUM
fbem-7825	121	22	15341	15341	NUM
fbem-7825	121	23	1939	1939	NUM
fbem-7825	121	24	13402	13402	NUM
fbem-7825	121	25	adj	adj	NOUN
fbem-7825	121	26	-	-	PUNCT
fbem-7825	121	27	r2	r2	NOUN
fbem-7825	121	28	0.125	0.125	NUM
fbem-7825	121	29	0.125	0.125	NUM
fbem-7825	121	30	0.131	0.131	NUM
fbem-7825	121	31	0.124	0.124	NUM
fbem-7825	121	32	f	f	X
fbem-7825	121	33	-	-	PUNCT
fbem-7825	121	34	value	value	NOUN
fbem-7825	121	35	311.54	311.54	NUM
fbem-7825	121	36	217.64	217.64	NUM
fbem-7825	121	37	29.42	29.42	NUM
fbem-7825	121	38	189.94	189.94	NUM
fbem-7825	121	39	138	138	NUM
fbem-7825	121	40	5	5	NUM
fbem-7825	121	41	.	.	PUNCT
fbem-7825	121	42	conclusions	conclusion	NOUN
fbem-7825	121	43	and	and	CCONJ
fbem-7825	121	44	policy	policy	NOUN
fbem-7825	121	45	recommendations	recommendation	NOUN
fbem-7825	121	46	the	the	DET
fbem-7825	121	47	central	central	ADJ
fbem-7825	121	48	economic	economic	ADJ
fbem-7825	121	49	work	work	NOUN
fbem-7825	121	50	conference	conference	NOUN
fbem-7825	121	51	in	in	ADP
fbem-7825	121	52	2022	2022	NUM
fbem-7825	121	53	emphasized	emphasize	VERB
fbem-7825	121	54	green	green	ADJ
fbem-7825	121	55	and	and	CCONJ
fbem-7825	121	56	low	low	ADJ
fbem-7825	121	57	-	-	PUNCT
fbem-7825	121	58	carbon	carbon	NOUN
fbem-7825	121	59	development	development	NOUN
fbem-7825	121	60	,	,	PUNCT
fbem-7825	121	61	increased	increase	VERB
fbem-7825	121	62	green	green	ADJ
fbem-7825	121	63	financial	financial	ADJ
fbem-7825	121	64	support	support	NOUN
fbem-7825	121	65	for	for	ADP
fbem-7825	121	66	enterprises	enterprise	NOUN
fbem-7825	121	67	,	,	PUNCT
fbem-7825	121	68	and	and	CCONJ
fbem-7825	121	69	forged	forge	VERB
fbem-7825	121	70	competitive	competitive	ADJ
fbem-7825	121	71	advantages	advantage	NOUN
fbem-7825	121	72	in	in	ADP
fbem-7825	121	73	green	green	ADJ
fbem-7825	121	74	industry	industry	NOUN
fbem-7825	121	75	,	,	PUNCT
fbem-7825	121	76	which	which	PRON
fbem-7825	121	77	undoubtedly	undoubtedly	ADV
fbem-7825	121	78	put	put	VERB
fbem-7825	121	79	forward	forward	ADV
fbem-7825	121	80	higher	high	ADJ
fbem-7825	121	81	requirements	requirement	NOUN
fbem-7825	121	82	for	for	ADP
fbem-7825	121	83	green	green	ADJ
fbem-7825	121	84	innovation	innovation	NOUN
fbem-7825	121	85	of	of	ADP
fbem-7825	121	86	enterprises	enterprise	NOUN
fbem-7825	121	87	.	.	PUNCT
fbem-7825	122	1	based	base	VERB
fbem-7825	122	2	on	on	ADP
fbem-7825	122	3	the	the	DET
fbem-7825	122	4	panel	panel	NOUN
fbem-7825	122	5	data	datum	NOUN
fbem-7825	122	6	of	of	ADP
fbem-7825	122	7	a	a	DET
fbem-7825	122	8	-	-	PUNCT
fbem-7825	122	9	share	share	NOUN
fbem-7825	122	10	non	non	ADJ
fbem-7825	122	11	-	-	ADJ
fbem-7825	122	12	financial	financial	ADJ
fbem-7825	122	13	listed	list	VERB
fbem-7825	122	14	companies	company	NOUN
fbem-7825	122	15	from	from	ADP
fbem-7825	122	16	2015	2015	NUM
fbem-7825	122	17	to	to	ADP
fbem-7825	122	18	2020	2020	NUM
fbem-7825	122	19	,	,	PUNCT
fbem-7825	122	20	this	this	DET
fbem-7825	122	21	paper	paper	NOUN
fbem-7825	122	22	empirically	empirically	ADV
fbem-7825	122	23	examines	examine	VERB
fbem-7825	122	24	the	the	DET
fbem-7825	122	25	impact	impact	NOUN
fbem-7825	122	26	of	of	ADP
fbem-7825	122	27	vertical	vertical	ADJ
fbem-7825	122	28	concurrent	concurrent	ADJ
fbem-7825	122	29	appointment	appointment	NOUN
fbem-7825	122	30	of	of	ADP
fbem-7825	122	31	senior	senior	ADJ
fbem-7825	122	32	executives	executive	NOUN
fbem-7825	122	33	on	on	ADP
fbem-7825	122	34	corporate	corporate	ADJ
fbem-7825	122	35	green	green	ADJ
fbem-7825	122	36	innovation	innovation	NOUN
fbem-7825	122	37	,	,	PUNCT
fbem-7825	122	38	and	and	CCONJ
fbem-7825	122	39	the	the	DET
fbem-7825	122	40	results	result	NOUN
fbem-7825	122	41	show	show	VERB
fbem-7825	122	42	that	that	SCONJ
fbem-7825	122	43	vertical	vertical	ADJ
fbem-7825	122	44	concurrent	concurrent	ADJ
fbem-7825	122	45	appointment	appointment	NOUN
fbem-7825	122	46	of	of	ADP
fbem-7825	122	47	senior	senior	ADJ
fbem-7825	122	48	executives	executive	NOUN
fbem-7825	122	49	has	have	VERB
fbem-7825	122	50	a	a	DET
fbem-7825	122	51	significant	significant	ADJ
fbem-7825	122	52	positive	positive	ADJ
fbem-7825	122	53	impact	impact	NOUN
fbem-7825	122	54	on	on	ADP
fbem-7825	122	55	corporate	corporate	ADJ
fbem-7825	122	56	green	green	ADJ
fbem-7825	122	57	innovation	innovation	NOUN
fbem-7825	122	58	.	.	PUNCT
fbem-7825	123	1	after	after	ADP
fbem-7825	123	2	dividing	divide	VERB
fbem-7825	123	3	the	the	DET
fbem-7825	123	4	number	number	NOUN
fbem-7825	123	5	of	of	ADP
fbem-7825	123	6	companies	company	NOUN
fbem-7825	123	7	with	with	ADP
fbem-7825	123	8	vertical	vertical	PROPN
fbem-7825	123	9	adjunct	adjunct	PROPN
fbem-7825	123	10	of	of	ADP
fbem-7825	123	11	senior	senior	ADJ
fbem-7825	123	12	executives	executive	NOUN
fbem-7825	123	13	,	,	PUNCT
fbem-7825	123	14	it	it	PRON
fbem-7825	123	15	is	be	AUX
fbem-7825	123	16	found	find	VERB
fbem-7825	123	17	that	that	SCONJ
fbem-7825	123	18	the	the	DET
fbem-7825	123	19	high	high	ADJ
fbem-7825	123	20	frequency	frequency	NOUN
fbem-7825	123	21	of	of	ADP
fbem-7825	123	22	vertical	vertical	PROPN
fbem-7825	123	23	adjunct	adjunct	PROPN
fbem-7825	123	24	of	of	ADP
fbem-7825	123	25	senior	senior	ADJ
fbem-7825	123	26	executives	executive	NOUN
fbem-7825	123	27	has	have	VERB
fbem-7825	123	28	a	a	DET
fbem-7825	123	29	lower	low	ADJ
fbem-7825	123	30	impact	impact	NOUN
fbem-7825	123	31	on	on	ADP
fbem-7825	123	32	the	the	DET
fbem-7825	123	33	green	green	ADJ
fbem-7825	123	34	innovation	innovation	NOUN
fbem-7825	123	35	behavior	behavior	NOUN
fbem-7825	123	36	of	of	ADP
fbem-7825	123	37	enterprises	enterprise	NOUN
fbem-7825	123	38	than	than	ADP
fbem-7825	123	39	the	the	DET
fbem-7825	123	40	low	low	ADJ
fbem-7825	123	41	frequency	frequency	NOUN
fbem-7825	123	42	of	of	ADP
fbem-7825	123	43	vertical	vertical	PROPN
fbem-7825	123	44	adjunct	adjunct	PROPN
fbem-7825	123	45	of	of	ADP
fbem-7825	123	46	senior	senior	ADJ
fbem-7825	123	47	executives	executive	NOUN
fbem-7825	123	48	,	,	PUNCT
fbem-7825	123	49	showing	show	VERB
fbem-7825	123	50	more	more	ADJ
fbem-7825	123	51	profit	profit	NOUN
fbem-7825	123	52	-	-	PUNCT
fbem-7825	123	53	seeking	seek	VERB
fbem-7825	123	54	motivation	motivation	NOUN
fbem-7825	123	55	.	.	PUNCT
fbem-7825	124	1	therefore	therefore	ADV
fbem-7825	124	2	,	,	PUNCT
fbem-7825	124	3	this	this	DET
fbem-7825	124	4	paper	paper	NOUN
fbem-7825	124	5	puts	put	VERB
fbem-7825	124	6	forward	forward	ADV
fbem-7825	124	7	the	the	DET
fbem-7825	124	8	following	follow	VERB
fbem-7825	124	9	policy	policy	NOUN
fbem-7825	124	10	suggestions	suggestion	NOUN
fbem-7825	124	11	:	:	PUNCT
fbem-7825	124	12	first	first	ADV
fbem-7825	124	13	,	,	PUNCT
fbem-7825	124	14	from	from	ADP
fbem-7825	124	15	the	the	DET
fbem-7825	124	16	perspective	perspective	NOUN
fbem-7825	124	17	of	of	ADP
fbem-7825	124	18	enterprises	enterprise	NOUN
fbem-7825	124	19	,	,	PUNCT
fbem-7825	124	20	establish	establish	VERB
fbem-7825	124	21	and	and	CCONJ
fbem-7825	124	22	improve	improve	VERB
fbem-7825	124	23	the	the	DET
fbem-7825	124	24	internal	internal	ADJ
fbem-7825	124	25	control	control	NOUN
fbem-7825	124	26	system	system	NOUN
fbem-7825	124	27	to	to	PART
fbem-7825	124	28	reduce	reduce	VERB
fbem-7825	124	29	the	the	DET
fbem-7825	124	30	influence	influence	NOUN
fbem-7825	124	31	of	of	ADP
fbem-7825	124	32	individual	individual	ADJ
fbem-7825	124	33	decision	decision	NOUN
fbem-7825	124	34	-	-	PUNCT
fbem-7825	124	35	making	make	VERB
fbem-7825	124	36	characteristics	characteristic	NOUN
fbem-7825	124	37	on	on	ADP
fbem-7825	124	38	corporate	corporate	ADJ
fbem-7825	124	39	decision	decision	NOUN
fbem-7825	124	40	-	-	PUNCT
fbem-7825	124	41	making	making	NOUN
fbem-7825	124	42	.	.	PUNCT
fbem-7825	125	1	the	the	DET
fbem-7825	125	2	research	research	NOUN
fbem-7825	125	3	of	of	ADP
fbem-7825	125	4	this	this	DET
fbem-7825	125	5	paper	paper	NOUN
fbem-7825	125	6	shows	show	VERB
fbem-7825	125	7	that	that	SCONJ
fbem-7825	125	8	the	the	DET
fbem-7825	125	9	major	major	ADJ
fbem-7825	125	10	shareholders	shareholder	NOUN
fbem-7825	125	11	with	with	ADP
fbem-7825	125	12	a	a	DET
fbem-7825	125	13	high	high	ADJ
fbem-7825	125	14	frequency	frequency	NOUN
fbem-7825	125	15	of	of	ADP
fbem-7825	125	16	vertical	vertical	ADJ
fbem-7825	125	17	adpositions	adposition	NOUN
fbem-7825	125	18	of	of	ADP
fbem-7825	125	19	senior	senior	ADJ
fbem-7825	125	20	executives	executive	NOUN
fbem-7825	125	21	tend	tend	VERB
fbem-7825	125	22	to	to	PART
fbem-7825	125	23	have	have	VERB
fbem-7825	125	24	strong	strong	ADJ
fbem-7825	125	25	rentseeking	rentseeke	VERB
fbem-7825	125	26	motives	motive	NOUN
fbem-7825	125	27	and	and	CCONJ
fbem-7825	125	28	can	can	AUX
fbem-7825	125	29	directly	directly	ADV
fbem-7825	125	30	influence	influence	VERB
fbem-7825	125	31	the	the	DET
fbem-7825	125	32	investment	investment	NOUN
fbem-7825	125	33	behavior	behavior	NOUN
fbem-7825	125	34	and	and	CCONJ
fbem-7825	125	35	development	development	NOUN
fbem-7825	125	36	strategy	strategy	NOUN
fbem-7825	125	37	of	of	ADP
fbem-7825	125	38	enterprises	enterprise	NOUN
fbem-7825	125	39	through	through	ADP
fbem-7825	125	40	the	the	DET
fbem-7825	125	41	dispatched	dispatch	VERB
fbem-7825	125	42	vertical	vertical	ADJ
fbem-7825	125	43	adpositions	adposition	NOUN
fbem-7825	125	44	of	of	ADP
fbem-7825	125	45	senior	senior	ADJ
fbem-7825	125	46	executives	executive	NOUN
fbem-7825	125	47	.	.	PUNCT
fbem-7825	126	1	enterprises	enterprise	NOUN
fbem-7825	126	2	are	be	AUX
fbem-7825	126	3	more	more	ADV
fbem-7825	126	4	inclined	inclined	ADJ
fbem-7825	126	5	to	to	PART
fbem-7825	126	6	invest	invest	VERB
fbem-7825	126	7	with	with	ADP
fbem-7825	126	8	high	high	ADJ
fbem-7825	126	9	short	short	ADJ
fbem-7825	126	10	-	-	PUNCT
fbem-7825	126	11	term	term	NOUN
fbem-7825	126	12	returns	return	NOUN
fbem-7825	126	13	,	,	PUNCT
fbem-7825	126	14	thus	thus	ADV
fbem-7825	126	15	squeezing	squeeze	VERB
fbem-7825	126	16	out	out	ADP
fbem-7825	126	17	the	the	DET
fbem-7825	126	18	resources	resource	NOUN
fbem-7825	126	19	originally	originally	ADV
fbem-7825	126	20	used	use	VERB
fbem-7825	126	21	for	for	ADP
fbem-7825	126	22	corporate	corporate	ADJ
fbem-7825	126	23	green	green	ADJ
fbem-7825	126	24	innovation	innovation	NOUN
fbem-7825	126	25	.	.	PUNCT
fbem-7825	127	1	therefore	therefore	ADV
fbem-7825	127	2	,	,	PUNCT
fbem-7825	127	3	enterprises	enterprise	NOUN
fbem-7825	127	4	should	should	AUX
fbem-7825	127	5	strengthen	strengthen	VERB
fbem-7825	127	6	the	the	DET
fbem-7825	127	7	internal	internal	ADJ
fbem-7825	127	8	control	control	NOUN
fbem-7825	127	9	system	system	NOUN
fbem-7825	127	10	,	,	PUNCT
fbem-7825	127	11	formulate	formulate	ADJ
fbem-7825	127	12	investment	investment	NOUN
fbem-7825	127	13	strategies	strategy	NOUN
fbem-7825	127	14	based	base	VERB
fbem-7825	127	15	on	on	ADP
fbem-7825	127	16	the	the	DET
fbem-7825	127	17	enterprise	enterprise	NOUN
fbem-7825	127	18	's	's	PART
fbem-7825	127	19	future	future	ADJ
fbem-7825	127	20	positioning	positioning	NOUN
fbem-7825	127	21	,	,	PUNCT
fbem-7825	127	22	reduce	reduce	VERB
fbem-7825	127	23	violations	violation	NOUN
fbem-7825	127	24	of	of	ADP
fbem-7825	127	25	vertical	vertical	ADJ
fbem-7825	127	26	concurrent	concurrent	ADJ
fbem-7825	127	27	executives	executive	NOUN
fbem-7825	127	28	,	,	PUNCT
fbem-7825	127	29	and	and	CCONJ
fbem-7825	127	30	improve	improve	VERB
fbem-7825	127	31	the	the	DET
fbem-7825	127	32	allocation	allocation	NOUN
fbem-7825	127	33	efficiency	efficiency	NOUN
fbem-7825	127	34	of	of	ADP
fbem-7825	127	35	enterprise	enterprise	NOUN
fbem-7825	127	36	resources	resource	NOUN
fbem-7825	127	37	.	.	PUNCT
fbem-7825	128	1	second	second	ADJ
fbem-7825	128	2	,	,	PUNCT
fbem-7825	128	3	from	from	ADP
fbem-7825	128	4	the	the	DET
fbem-7825	128	5	perspective	perspective	NOUN
fbem-7825	128	6	of	of	ADP
fbem-7825	128	7	regulatory	regulatory	ADJ
fbem-7825	128	8	authorities	authority	NOUN
fbem-7825	128	9	,	,	PUNCT
fbem-7825	128	10	policies	policy	NOUN
fbem-7825	128	11	should	should	AUX
fbem-7825	128	12	be	be	AUX
fbem-7825	128	13	introduced	introduce	VERB
fbem-7825	128	14	to	to	PART
fbem-7825	128	15	guide	guide	VERB
fbem-7825	128	16	enterprises	enterprise	NOUN
fbem-7825	128	17	to	to	PART
fbem-7825	128	18	establish	establish	VERB
fbem-7825	128	19	a	a	DET
fbem-7825	128	20	standard	standard	ADJ
fbem-7825	128	21	vertical	vertical	ADJ
fbem-7825	128	22	part	part	ADJ
fbem-7825	128	23	-	-	PUNCT
fbem-7825	128	24	time	time	NOUN
fbem-7825	128	25	system	system	NOUN
fbem-7825	128	26	for	for	ADP
fbem-7825	128	27	senior	senior	ADJ
fbem-7825	128	28	executives	executive	NOUN
fbem-7825	128	29	,	,	PUNCT
fbem-7825	128	30	and	and	CCONJ
fbem-7825	128	31	the	the	DET
fbem-7825	128	32	rights	right	NOUN
fbem-7825	128	33	,	,	PUNCT
fbem-7825	128	34	obligations	obligation	NOUN
fbem-7825	128	35	and	and	CCONJ
fbem-7825	128	36	penalties	penalty	NOUN
fbem-7825	128	37	for	for	ADP
fbem-7825	128	38	violations	violation	NOUN
fbem-7825	128	39	of	of	ADP
fbem-7825	128	40	vertical	vertical	ADJ
fbem-7825	128	41	part	part	ADJ
fbem-7825	128	42	-	-	PUNCT
fbem-7825	128	43	time	time	NOUN
fbem-7825	128	44	executives	executive	NOUN
fbem-7825	128	45	should	should	AUX
fbem-7825	128	46	be	be	AUX
fbem-7825	128	47	clearly	clearly	ADV
fbem-7825	128	48	defined	define	VERB
fbem-7825	128	49	.	.	PUNCT
fbem-7825	129	1	in	in	ADP
fbem-7825	129	2	theory	theory	NOUN
fbem-7825	129	3	,	,	PUNCT
fbem-7825	129	4	the	the	DET
fbem-7825	129	5	vertical	vertical	ADJ
fbem-7825	129	6	concurrent	concurrent	ADJ
fbem-7825	129	7	position	position	NOUN
fbem-7825	129	8	of	of	ADP
fbem-7825	129	9	senior	senior	ADJ
fbem-7825	129	10	executives	executive	NOUN
fbem-7825	129	11	can	can	AUX
fbem-7825	129	12	reduce	reduce	VERB
fbem-7825	129	13	the	the	DET
fbem-7825	129	14	degree	degree	NOUN
fbem-7825	129	15	of	of	ADP
fbem-7825	129	16	information	information	NOUN
fbem-7825	129	17	asymmetry	asymmetry	NOUN
fbem-7825	129	18	,	,	PUNCT
fbem-7825	129	19	make	make	VERB
fbem-7825	129	20	use	use	NOUN
fbem-7825	129	21	of	of	ADP
fbem-7825	129	22	the	the	DET
fbem-7825	129	23	investment	investment	NOUN
fbem-7825	129	24	experience	experience	NOUN
fbem-7825	129	25	and	and	CCONJ
fbem-7825	129	26	investment	investment	NOUN
fbem-7825	129	27	market	market	NOUN
fbem-7825	129	28	of	of	ADP
fbem-7825	129	29	major	major	ADJ
fbem-7825	129	30	shareholders	shareholder	NOUN
fbem-7825	129	31	to	to	PART
fbem-7825	129	32	facilitate	facilitate	VERB
fbem-7825	129	33	the	the	DET
fbem-7825	129	34	investment	investment	NOUN
fbem-7825	129	35	behavior	behavior	NOUN
fbem-7825	129	36	of	of	ADP
fbem-7825	129	37	listed	list	VERB
fbem-7825	129	38	enterprises	enterprise	NOUN
fbem-7825	129	39	,	,	PUNCT
fbem-7825	129	40	better	well	ADV
fbem-7825	129	41	play	play	VERB
fbem-7825	129	42	the	the	DET
fbem-7825	129	43	supervisory	supervisory	ADJ
fbem-7825	129	44	function	function	NOUN
fbem-7825	129	45	of	of	ADP
fbem-7825	129	46	the	the	DET
fbem-7825	129	47	vertical	vertical	ADJ
fbem-7825	129	48	concurrent	concurrent	ADJ
fbem-7825	129	49	position	position	NOUN
fbem-7825	129	50	of	of	ADP
fbem-7825	129	51	senior	senior	ADJ
fbem-7825	129	52	executives	executive	NOUN
fbem-7825	129	53	,	,	PUNCT
fbem-7825	129	54	and	and	CCONJ
fbem-7825	129	55	improve	improve	VERB
fbem-7825	129	56	the	the	DET
fbem-7825	129	57	quality	quality	NOUN
fbem-7825	129	58	of	of	ADP
fbem-7825	129	59	accounting	accounting	NOUN
fbem-7825	129	60	information	information	NOUN
fbem-7825	129	61	disclosure	disclosure	NOUN
fbem-7825	129	62	of	of	ADP
fbem-7825	129	63	enterprises	enterprise	NOUN
fbem-7825	129	64	.	.	PUNCT
fbem-7825	130	1	therefore	therefore	ADV
fbem-7825	130	2	,	,	PUNCT
fbem-7825	130	3	in	in	ADP
fbem-7825	130	4	the	the	DET
fbem-7825	130	5	context	context	NOUN
fbem-7825	130	6	of	of	ADP
fbem-7825	130	7	the	the	DET
fbem-7825	130	8	explosive	explosive	ADJ
fbem-7825	130	9	growth	growth	NOUN
fbem-7825	130	10	of	of	ADP
fbem-7825	130	11	digital	digital	ADJ
fbem-7825	130	12	economy	economy	NOUN
fbem-7825	130	13	and	and	CCONJ
fbem-7825	130	14	the	the	DET
fbem-7825	130	15	promotion	promotion	NOUN
fbem-7825	130	16	of	of	ADP
fbem-7825	130	17	digital	digital	ADJ
fbem-7825	130	18	transformation	transformation	NOUN
fbem-7825	130	19	by	by	ADP
fbem-7825	130	20	national	national	ADJ
fbem-7825	130	21	policies	policy	NOUN
fbem-7825	130	22	,	,	PUNCT
fbem-7825	130	23	it	it	PRON
fbem-7825	130	24	is	be	AUX
fbem-7825	130	25	of	of	ADP
fbem-7825	130	26	great	great	ADJ
fbem-7825	130	27	practical	practical	ADJ
fbem-7825	130	28	significance	significance	NOUN
fbem-7825	130	29	for	for	SCONJ
fbem-7825	130	30	enterprises	enterprise	NOUN
fbem-7825	130	31	to	to	PART
fbem-7825	130	32	play	play	VERB
fbem-7825	130	33	the	the	DET
fbem-7825	130	34	communication	communication	NOUN
fbem-7825	130	35	role	role	NOUN
fbem-7825	130	36	of	of	ADP
fbem-7825	130	37	vertical	vertical	ADJ
fbem-7825	130	38	parttime	parttime	NOUN
fbem-7825	130	39	executives	executive	NOUN
fbem-7825	130	40	more	more	ADV
fbem-7825	130	41	actively	actively	ADV
fbem-7825	130	42	for	for	ADP
fbem-7825	130	43	green	green	ADJ
fbem-7825	130	44	innovation	innovation	NOUN
fbem-7825	130	45	.	.	PUNCT
fbem-7825	131	1	references	reference	NOUN
fbem-7825	131	2	[	[	X
fbem-7825	131	3	1	1	NUM
fbem-7825	131	4	]	]	SYM
fbem-7825	131	5	porta	porta	NOUN
fbem-7825	131	6	r	r	PROPN
fbem-7825	131	7	l	l	NOUN
fbem-7825	131	8	,	,	PUNCT
fbem-7825	131	9	shleifer	shleifer	PROPN
fbem-7825	131	10	a.	a.	NOUN
fbem-7825	131	11	corporate	corporate	ADJ
fbem-7825	131	12	ownership	ownership	NOUN
fbem-7825	131	13	around	around	ADP
fbem-7825	131	14	the	the	DET
fbem-7825	131	15	world	world	NOUN
fbem-7825	132	1	[	[	X
fbem-7825	132	2	j	j	X
fbem-7825	132	3	]	]	X
fbem-7825	132	4	.	.	PUNCT
fbem-7825	133	1	journal	journal	PROPN
fbem-7825	133	2	of	of	ADP
fbem-7825	133	3	finance	finance	NOUN
fbem-7825	133	4	,	,	PUNCT
fbem-7825	133	5	1999	1999	NUM
fbem-7825	133	6	,	,	PUNCT
fbem-7825	133	7	54	54	NUM
fbem-7825	133	8	(	(	PUNCT
fbem-7825	133	9	2	2	NUM
fbem-7825	133	10	)	)	PUNCT
fbem-7825	133	11	:	:	PUNCT
fbem-7825	133	12	471	471	NUM
fbem-7825	133	13	-	-	SYM
fbem-7825	133	14	517	517	NUM
fbem-7825	133	15	.	.	PUNCT
fbem-7825	134	1	[	[	X
fbem-7825	134	2	2	2	NUM
fbem-7825	134	3	]	]	X
fbem-7825	134	4	yan	yan	PROPN
fbem-7825	134	5	zhenli	zhenli	PROPN
fbem-7825	134	6	,	,	PUNCT
fbem-7825	134	7	liang	liang	PROPN
fbem-7825	134	8	shangkun	shangkun	PROPN
fbem-7825	134	9	,	,	PUNCT
fbem-7825	134	10	yuan	yuan	NOUN
fbem-7825	134	11	chun,2021.executive	chun,2021.executive	ADJ
fbem-7825	134	12	vertical	vertical	ADJ
fbem-7825	134	13	concurrent	concurrent	ADJ
fbem-7825	134	14	position	position	NOUN
fbem-7825	134	15	and	and	CCONJ
fbem-7825	134	16	enterprise	enterprise	NOUN
fbem-7825	134	17	investment	investment	NOUN
fbem-7825	134	18	efficiency	efficiency	NOUN
fbem-7825	134	19	:	:	PUNCT
fbem-7825	134	20	promote	promote	VERB
fbem-7825	134	21	or	or	CCONJ
fbem-7825	134	22	inhibit	inhibit	VERB
fbem-7825	134	23	[	[	X
fbem-7825	134	24	j	j	X
fbem-7825	134	25	]	]	X
fbem-7825	134	26	.	.	PUNCT
fbem-7825	135	1	journal	journal	PROPN
fbem-7825	135	2	of	of	ADP
fbem-7825	135	3	management	management	NOUN
fbem-7825	135	4	engineering	engineering	NOUN
fbem-7825	135	5	(	(	PUNCT
fbem-7825	135	6	3):56	3):56	NUM
fbem-7825	135	7	-	-	SYM
fbem-7825	135	8	63	63	NUM
fbem-7825	135	9	.	.	PUNCT
fbem-7825	136	1	[	[	X
fbem-7825	136	2	3	3	NUM
fbem-7825	136	3	]	]	PUNCT
fbem-7825	136	4	xu	xu	PROPN
fbem-7825	136	5	peng	peng	PROPN
fbem-7825	136	6	,	,	PUNCT
fbem-7825	136	7	zhang	zhang	PROPN
fbem-7825	136	8	heng	heng	PROPN
fbem-7825	136	9	,	,	PUNCT
fbem-7825	136	10	bai	bai	PROPN
fbem-7825	136	11	guiyu	guiyu	PROPN
fbem-7825	136	12	,	,	PUNCT
fbem-7825	136	13	2022	2022	NUM
fbem-7825	136	14	.	.	PUNCT
fbem-7825	137	1	a	a	DET
fbem-7825	137	2	study	study	NOUN
fbem-7825	137	3	on	on	ADP
fbem-7825	137	4	the	the	DET
fbem-7825	137	5	influence	influence	NOUN
fbem-7825	137	6	of	of	ADP
fbem-7825	137	7	vertical	vertical	ADJ
fbem-7825	137	8	linkages	linkage	NOUN
fbem-7825	137	9	between	between	ADP
fbem-7825	137	10	parent	parent	NOUN
fbem-7825	137	11	and	and	CCONJ
fbem-7825	137	12	subsidiary	subsidiary	NOUN
fbem-7825	137	13	executives	executive	NOUN
fbem-7825	137	14	on	on	ADP
fbem-7825	137	15	the	the	DET
fbem-7825	137	16	stability	stability	NOUN
fbem-7825	137	17	of	of	ADP
fbem-7825	137	18	subsidiary	subsidiary	ADJ
fbem-7825	137	19	governance	governance	NOUN
fbem-7825	137	20	:	:	PUNCT
fbem-7825	137	21	empirical	empirical	ADJ
fbem-7825	137	22	evidence	evidence	NOUN
fbem-7825	137	23	from	from	ADP
fbem-7825	137	24	listed	list	VERB
fbem-7825	137	25	companies	company	NOUN
fbem-7825	137	26	within	within	ADP
fbem-7825	137	27	the	the	DET
fbem-7825	137	28	enterprise	enterprise	NOUN
fbem-7825	137	29	group	group	NOUN
fbem-7825	137	30	framework[j].modern	framework[j].modern	PROPN
fbem-7825	137	31	finance	finance	NOUN
fbem-7825	137	32	and	and	CCONJ
fbem-7825	137	33	economics(11):96	economics(11):96	PROPN
fbem-7825	137	34	-	-	PUNCT
fbem-7825	137	35	113	113	NUM
fbem-7825	137	36	.	.	PUNCT
fbem-7825	138	1	[	[	X
fbem-7825	138	2	4	4	NUM
fbem-7825	138	3	]	]	PUNCT
fbem-7825	138	4	qiao	qiao	PROPN
fbem-7825	138	5	fei	fei	PROPN
fbem-7825	138	6	,	,	PUNCT
fbem-7825	138	7	wen	wen	PROPN
fbem-7825	138	8	wen	wen	PROPN
fbem-7825	138	9	,	,	PUNCT
fbem-7825	138	10	xu	xu	PROPN
fbem-7825	138	11	jingchang	jingchang	PROPN
fbem-7825	138	12	,	,	PUNCT
fbem-7825	138	13	2021	2021	NUM
fbem-7825	138	14	.	.	PUNCT
fbem-7825	138	15	can	can	AUX
fbem-7825	138	16	vertical	vertical	VERB
fbem-7825	138	17	executive	executive	ADJ
fbem-7825	138	18	positions	position	NOUN
fbem-7825	138	19	inhibit	inhibit	VERB
fbem-7825	138	20	corporate	corporate	ADJ
fbem-7825	138	21	violations	violation	NOUN
fbem-7825	138	22	?	?	PUNCT
fbem-7825	139	1	[	[	X
fbem-7825	139	2	j	j	X
fbem-7825	139	3	]	]	X
fbem-7825	139	4	.	.	PUNCT
fbem-7825	140	1	economic	economic	ADJ
fbem-7825	140	2	management	management	NOUN
fbem-7825	140	3	(	(	PUNCT
fbem-7825	140	4	5):176	5):176	PROPN
fbem-7825	140	5	-	-	PUNCT
fbem-7825	140	6	191	191	NUM
fbem-7825	140	7	.	.	PUNCT
fbem-7825	141	1	[	[	X
fbem-7825	141	2	5	5	NUM
fbem-7825	141	3	]	]	X
fbem-7825	141	4	yan	yan	PROPN
fbem-7825	141	5	zhenli	zhenli	PROPN
fbem-7825	141	6	,	,	PUNCT
fbem-7825	141	7	liang	liang	PROPN
fbem-7825	141	8	shangkun	shangkun	PROPN
fbem-7825	141	9	,	,	PUNCT
fbem-7825	141	10	yuan	yuan	PROPN
fbem-7825	141	11	chun	chun	PROPN
fbem-7825	141	12	,	,	PUNCT
fbem-7825	141	13	2019	2019	NUM
fbem-7825	141	14	.	.	PUNCT
fbem-7825	142	1	vertical	vertical	ADJ
fbem-7825	142	2	executive	executive	ADJ
fbem-7825	142	3	part	part	NOUN
fbem-7825	142	4	-	-	PUNCT
fbem-7825	142	5	time	time	NOUN
fbem-7825	142	6	,	,	PUNCT
fbem-7825	142	7	institutional	institutional	ADJ
fbem-7825	142	8	environment	environment	NOUN
fbem-7825	142	9	and	and	CCONJ
fbem-7825	142	10	enterprise	enterprise	NOUN
fbem-7825	142	11	innovation	innovation	NOUN
fbem-7825	142	12	.	.	PUNCT
fbem-7825	143	1	economic	economic	ADJ
fbem-7825	143	2	management	management	NOUN
fbem-7825	143	3	(	(	PUNCT
fbem-7825	143	4	10):90	10):90	NUM
fbem-7825	143	5	-	-	SYM
fbem-7825	143	6	107	107	NUM
fbem-7825	143	7	.	.	PUNCT
fbem-7825	144	1	[	[	X
fbem-7825	144	2	6	6	X
fbem-7825	144	3	]	]	PUNCT
fbem-7825	144	4	zheng	zheng	PROPN
fbem-7825	144	5	g	g	PROPN
fbem-7825	144	6	p	p	PROPN
fbem-7825	144	7	,	,	PUNCT
fbem-7825	144	8	xue	xue	PROPN
fbem-7825	144	9	j	j	PROPN
fbem-7825	144	10	,	,	PUNCT
fbem-7825	144	11	chen	chen	PROPN
fbem-7825	144	12	x	x	PROPN
fbem-7825	144	13	,	,	PUNCT
fbem-7825	144	14	2019	2019	NUM
fbem-7825	144	15	.	.	PUNCT
fbem-7825	145	1	dual	dual	ADJ
fbem-7825	145	2	executive	executive	ADJ
fbem-7825	145	3	roles	role	NOUN
fbem-7825	145	4	and	and	CCONJ
fbem-7825	145	5	corporate	corporate	ADJ
fbem-7825	145	6	values	value	NOUN
fbem-7825	145	7	:	:	PUNCT
fbem-7825	145	8	empirical	empirical	ADJ
fbem-7825	145	9	evidence	evidence	NOUN
fbem-7825	145	10	from	from	ADP
fbem-7825	145	11	china	china	PROPN
fbem-7825	145	12	.	.	PUNCT
fbem-7825	145	13	]	]	PUNCT
fbem-7825	146	1	accounting	accounting	NOUN
fbem-7825	146	2	research	research	NOUN
fbem-7825	146	3	(	(	PUNCT
fbem-7825	146	4	10):24	10):24	NUM
fbem-7825	146	5	-	-	SYM
fbem-7825	146	6	29	29	NUM
fbem-7825	146	7	+	+	NOUN
fbem-7825	146	8	96	96	NUM
fbem-7825	146	9	.	.	PUNCT
fbem-7825	147	1	[	[	X
fbem-7825	147	2	7	7	NUM
fbem-7825	147	3	]	]	X
fbem-7825	147	4	shuguang	shuguang	PROPN
fbem-7825	147	5	,	,	PUNCT
fbem-7825	147	6	ma	ma	PROPN
fbem-7825	147	7	zhong	zhong	PROPN
fbem-7825	147	8	,	,	PUNCT
fbem-7825	147	9	2019	2019	NUM
fbem-7825	147	10	.	.	PUNCT
fbem-7825	148	1	vertical	vertical	ADJ
fbem-7825	148	2	concurrent	concurrent	ADJ
fbem-7825	148	3	executive	executive	ADJ
fbem-7825	148	4	positions	position	NOUN
fbem-7825	148	5	between	between	ADP
fbem-7825	148	6	parent	parent	NOUN
fbem-7825	148	7	and	and	CCONJ
fbem-7825	148	8	subsidiary	subsidiary	NOUN
fbem-7825	148	9	companies	company	NOUN
fbem-7825	148	10	and	and	CCONJ
fbem-7825	148	11	capital	capital	NOUN
fbem-7825	148	12	allocation	allocation	NOUN
fbem-7825	148	13	efficiency	efficiency	NOUN
fbem-7825	148	14	of	of	ADP
fbem-7825	148	15	listed	list	VERB
fbem-7825	148	16	companies	company	NOUN
fbem-7825	148	17	[	[	X
fbem-7825	148	18	j	j	X
fbem-7825	148	19	]	]	X
fbem-7825	148	20	.	.	PUNCT
fbem-7825	149	1	economics	economic	NOUN
fbem-7825	149	2	and	and	CCONJ
fbem-7825	149	3	management	management	NOUN
fbem-7825	149	4	research	research	NOUN
fbem-7825	149	5	(	(	PUNCT
fbem-7825	149	6	01):125	01):125	NUM
fbem-7825	149	7	-	-	SYM
fbem-7825	149	8	144	144	NUM
fbem-7825	149	9	.	.	PUNCT
fbem-7825	150	1	[	[	X
fbem-7825	150	2	8	8	NUM
fbem-7825	150	3	]	]	PUNCT
fbem-7825	150	4	enlarge	enlarge	NOUN
fbem-7825	150	5	on	on	ADP
fbem-7825	150	6	zeng	zeng	PROPN
fbem-7825	150	7	,	,	PUNCT
fbem-7825	150	8	han	han	PROPN
fbem-7825	150	9	jinhong	jinhong	PROPN
fbem-7825	150	10	,	,	PUNCT
fbem-7825	150	11	2020	2020	NUM
fbem-7825	150	12	.	.	PUNCT
fbem-7825	151	1	does	do	AUX
fbem-7825	151	2	vertical	vertical	ADJ
fbem-7825	151	3	executive	executive	ADJ
fbem-7825	151	4	roles	role	NOUN
fbem-7825	151	5	reduce	reduce	VERB
fbem-7825	151	6	the	the	DET
fbem-7825	151	7	risk	risk	NOUN
fbem-7825	151	8	of	of	ADP
fbem-7825	151	9	stock	stock	NOUN
fbem-7825	151	10	price	price	NOUN
fbem-7825	151	11	collapse	collapse	NOUN
fbem-7825	151	12	?	?	PUNCT
fbem-7825	152	1	[	[	X
fbem-7825	152	2	j	j	X
fbem-7825	152	3	]	]	X
fbem-7825	152	4	.	.	PUNCT
fbem-7825	153	1	southern	southern	ADJ
fbem-7825	153	2	economy	economy	NOUN
fbem-7825	153	3	(	(	PUNCT
fbem-7825	153	4	06):36	06):36	NUM
fbem-7825	153	5	-	-	SYM
fbem-7825	153	6	52	52	NUM
fbem-7825	153	7	.	.	PUNCT