Advances in Pacific Basin Business, Economics and Finance

Advances in Pacific Basin Business, Economics and Finance

Series Editors:Dr. Cheng-Few Lee and Dr. Min-Teh Yu

  • James S. Ang

  • Florida State University, USA

  • Hong-Yi Chen

  • National Chengchi University, Taiwan

  • Ren-Raw Chen

  • Fordham University, USA

  • Sheng-Syan Chen

  • National Taiwan University, Taiwan

  • Anna Chernobai

  • Syracuse University, USA

  • Thomas C. Chiang

  • Drexel University, USA

  • Lin Guo

  • Suffolk University, USA

  • Başak Tanyeri Günsür

  • Bilkent University, Turkey

  • Chee Wooi Hooy

  • University Sains Malaysia, Malaysia

  • Chuan-Yang Hwang

  • National Taiwan University, Taiwan

  • Nathan L. Joseph

  • Brunel University London, UK

  • Tao-Hsien Dolly King

  • University of North Carolina at Charlotte, USA

  • Van Son Lai

  • Laval University, Canada

  • Siong Hook Law

  • University Putra Malaysia, Malaysia

  • Hong Li

  • University of Guelph, Canada

  • Che-Chun Lin

  • National Tsing Hua University, Taiwan

  • Scott C. Linn

  • University of Oklahoma, USA

  • Yaw Mensah

  • Rutgers University, USA

  • Thomas H. Noe

  • University of Oxford, UK

  • Tatsuyoshi Miyakoshi

  • Gifu Shotoku-Gakuen University, Japan

  • J. Huston McCulloch

  • Ohio State University, USA

  • Kwangwoo Park

  • KAIST, Korea

  • Edward W. Sun

  • KEDGE Business School, France

  • Fotios Pasiouras

  • Montpellier Business School, France

  • Cindy S. H. Wang

  • HSBC Business School, Peking University, China

  • Junbo Wang

  • City University of Hong Kong, HK

  • K. C. John Wei

  • Hong Kong Polytechnic University, HK

  • Chunchi Wu

  • State University at Buffalo, USA

  • JingJing Yang

  • Guangdong University of Foreign Studies, China

  • Tong Yu

  • University of Cincinnati, USA

  • Laixun Zhao

  • Kobe University, Japan

  • Yang Zhao

  • Nankai University, China

Advances in Pacific Basin Business, Economics and Finance Volume 13, 2025

Advances in Pacific Basin Business, Economics and Finance

Edited By

Dr. Cheng-Few Lee

Rutgers University, USA

And

Dr. Min-Teh Yu

National Tsing Hua University, Taiwan

United Kingdom – North America – Japan – India – Malaysia – China

Emerald Publishing Limited

Emerald Publishing, Floor 5, Northspring, 21-23 Wellington Street, Leeds LS1 4DL

First edition 2025

Editorial matter and selection © 2025 Cheng-Few Lee and Min-Teh Yu.

Individual chapters © 2025 The authors.

Published under exclusive licence by Emerald Publishing Limited.

Reprints and permissions service

No part of this book may be reproduced, stored in a retrieval system, transmitted in any form or by any means electronic, mechanical, photocopying, recording or otherwise without either the prior written permission of the publisher or a licence permitting restricted copying issued in the UK by The Copyright Licensing Agency and in the USA by The Copyright Clearance Center. Any opinions expressed in the chapters are those of the authors. Whilst Emerald makes every effort to ensure the quality and accuracy of its content, Emerald makes no representation implied or otherwise, as to the chapters' suitability and application and disclaims any warranties, express or implied, to their use.

British Library Cataloguing in Publication Data

A catalogue record for this book is available from the British Library

ISBN: 978-1-83549-685-5 (Print)

ISBN: 978-1-83549-684-8 (Online)

ISBN: 978-1-83549-686-2 (Epub)

ISSN: 2514-4650 (Series)