De La Salle University : DLSU Business & Economics Review : Research Journals

Research Journals

The DLSU Business & Economics Review (DLSU B&E Review) publishes high quality theoretical, empirical, and methodological research in the fields of accounting, business management, commercial law, economics, finance, and marketing. The DLSU B&E Review aims to reach an audience in these six fields and is published twice a year. Unless otherwise noted, the ideas, opinions, and conclusions expressed in the DLSU B&E Review are those of the authors and not necessarily those of the Editorial Board of the journal or the management and staff of De La Salle University.

Annual Subscription Rates: Foreign libraries and institutions: US$40 (surface mail), US$50 (airmail). Individuals: US$25 (surface mail), US$35 (airmail). Philippine domestic subscription rates for libraries and institutions: Php1,500, individuals: Php1,300. Please contact Ms. Joanne T. Castañares for subscription details: telefax: (632) 523-4281, e-mail: joanne.castanares@dlsu.edu.ph

Published by De La Salle University Publishing House
2401 Taft Avenue, 1004 Manila, Philippines
Tel. No. (63 2) 524-4611 loc 271v Telefax: (63 2) 523-4281

Emails: dlsupublishinghouse@dlsu.edu.ph or dlsupublishinghouse@gmail.com

Website: www.ejournals.ph

The De La Salle University Publishing House is the publishing center of the University.

All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means— electronic, mechanical, photocopying, recording, or otherwise— without written permission from the copyright owner.

ISSN – 0116-7111

Editorial Board

Editor-in-Chief
Dr. Tereso S. Tullao, Jr.
De La Salle University, Manila, Philippines

Managing Editor
Dr. John Paolo R. Rivera
De La Salle University, Manila, Philippines

Advisory Editorial Board

Dr. Mary P. Arends-Kuenning University of Illinois at Urbana-Champaign Urbana, Illinois, USA	Dr. Naruemon Choochinprakarn Burapha University Chonburi, Thailand
Dr. Wakhid Slamet Ciptono Universitas Gadjah Mada Yogyakarta, Indonesia	Dr. Michael Angelo A. Cortez Ritsumeikan Asia Pacific University Beppu, Oita, Japan
Dr. Divina M. Edralin De La Salle University Manila, Philippines	Dr. Regina A. Greenwood Nova Southeastern University Fort Lauderdale, Florida, USA
Dr. Brian C. Gozun De La Salle University Manila, Philippines	Dr. Sirada Jarutakanont Burapha, University Chonburi, Thailand
Dr. Hazri Kifle Universiti Brunei Darussalam Negara, Brunei Darussalam	Dr. Mari Kondo Doshisha University Kyoto, Japan
Dr. Masayuki Kondo Yokohama National University Yokohama, Japan	Dr. Kong-Rae Lee Science and Technology Policy Institute Seoul, Korea
Dr. Tai Wei Lim The Chinese University of Hong Kong Hong Kong SAR, China	Datin Dr Joriah Muhammad Universiti Sains Malaysia Penang, Malaysia
Dr. Stephen Robert Nagy The Chinese University of Hong Kong Hong Kong SAR, China	Dr. Epictetus E. Patalinghug University of the Philippines Diliman, Quezon City, Philippines
Dr. Changrok Soh Korea University Seoul, Korea	Dr. Maria Claret M. Ruane University of Guam Guam, USA
Dr. Michael J. Sullivan University of Nevada Las Vegas, Nevada, USA	Dr. Benito L. Teehankee De La Salle University Manila, Philippines
Dr. Angelo A. Unite De La Salle University Manila, Philippines	Dr. Shujiro Urata Waseda University Tokyo, Japan
Dr. Maria Estela Varua University of Western Sydney Sydney, Australia	Dr. Yongqin Wang Fudan University Shanghai, China