The DLSU Business & Economics Review (DLSUBER) publishes high-quality theoretical, empirical, and methodological research in the fields of accounting, business management, commercial law, economics, finance, and marketing. The DLSUBER aims to reach an audience in these six fields and is published biannually (January and July) by De La Salle University, Manila, Philippines. 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. It is listed in SciVerse Scopus since 2011, abstracted and Indexed in EBSCO since 2009, and listed in the ASEAN Citation Index. It is also an awardee of the Journal Challenge Grant of the Philippine Commission of Higher Education (CHED).
The DLSUBER has both printed and online (http://dlsu.edu.ph/ber) editions.
Editorial Board
Honorary Editor-in-Chief
Tereso S. Tullao, Jr.
De La Salle University, Manila, Philippines
Email: [email protected]
Editor-in-Chief
Marites M. Tiongco
De La Salle University, Manila, Philippines
Email: [email protected]
Lawrence Dacuycuy
February 2022 – September 2022
Associate Editors
Christopher James R. Cabuay
De La Salle University, Manila, Philippines
Email: [email protected]
Reynaldo A. Bautista, Jr.
De La Salle University, Manila, Philippines
Email: [email protected]
Arnel Onesimo O. Uy
De La Salle University, Manila, Philippines
October 2022 – February 2024
Editorial Assistants
Daisy R. Mojares
De La Salle University, Manila, Philippines
Email: [email protected]
Joanna Cayton-Velante
De La Salle University, Manila, Philippines
Email: [email protected]
Advisory Board
Mary P. Arends-Kuenning University of Illinois at Urbana-Champaign Urbana, Illinois, USA |
Naruemon Choochinprakarn Burapha University Chonburi, Thailand |
Wakhid Slamet Ciptono Universitas Gadjah Mada Yogyakarta, Indonesia |
Michael Angelo A. Cortez Ritsumeikan Asia Pacific University Beppu, Oita, Japan |
Divina M. Edralin De La Salle University Manila, Philippines |
Regina A. Greenwood Nova Southeastern University Fort Lauderdale, Florida, USA |
Futoshi Yamauchi The World Bank Washington D.C |
Sirada Jarutakanont Burapha, University Chonburi, Thailand |
Hazri Kifle Universiti Brunei Darussalam Negara, Brunei Darussalam |
Mari Kondo Doshisha University Kyoto, Japan |
Masayuki Kondo Yokohama National University Yokohama, Japan |
Kong-Rae Lee Science and Technology Policy Institute Seoul, Korea |
Tai Wei Lim The Chinese University of Hong Kong Hong Kong SAR, China |
Joriah Muhammad Universiti Sains Malaysia Penang, Malaysia |
Stephen Robert Nagy The Chinese University of Hong Kong Hong Kong SAR, China |
Epictetus E. Patalinghug University of the Philippines Diliman, Quezon City, Philippines |
Alfredo Paloyo University of Wollongong New South Wales Australia |
Changrok Soh Korea University Seoul, Korea |
Maria Claret M. Ruane University of Guam Guam, USA |
Michael J. Sullivan University of Nevada Las Vegas, Nevada, USA |
Benito L. Teehankee De La Salle University Manila, Philippines |
Angelo A. Unite De La Salle University Manila, Philippines |
Shujiro Urata Waseda University Tokyo, Japan |
Maria Estela Varua University of Western Sydney Sydney, Australia |
Delano Villanueva De La Salle University Manila, Philippines |
Yongqin Wang Fudan University Shanghai, China |