Review of Business and Economics Studies EDITOR-IN-CHIEF Rzeszow University of Information Prof. Dmitry Sorokin Prof. Alexander Ilyinsky Technology and Management, Chairman for Research, Financial Dean, International Finance Faculty, Poland University, Russia Financial University, Moscow, Russia
[email protected] Prof. Vladimir Kvint Prof. Robert L. Tang Chair of Financial Strategy, Moscow Vice Chancellor for Academic, De La EXECUTIVE EDITOR School of Economics, Moscow State Salle College of Saint Benilde, Manila, Dr. Zbigniew Mierzwa University, Russia The Philippines EDITORIAL BOARD Prof. Alexander Melnikov Dr. Dimitrios Tsomocos Department of Mathematical and Saïd Business School, Fellow in Dr. Mark Aleksanyan Statistical Sciences, University of Management, University of Oxford; Adam Smith Business School, Alberta, Canada Senior Research Associate, Financial The Business School, University Markets Group, London School of Glasgow, UK Prof. George Kleiner of Economics, UK Deputy Director, Central Economics and Prof. Edoardo Croci Mathematics Institute, Russian Academy Prof. Sun Xiaoqin Research Director, IEFE Centre for of Sciences, Russia Dean, Graduate School of Business, Research on Energy and Environmental Guangdong University of Foreign Economics and Policy, Università Prof. Kwok Kwong Studies, China Bocconi, Italy Director, Asian Pacific Business Institute, California State University, Prof. Moorad Choudhry Los Angeles, USA Dept.of Mathematical Sciences, Brunel REVIEW OF BUSINESS University, UK Prof. Dimitrios Mavrakis AND ECONOMICS STUDIES Director, Energy Policy and (ROBES) is the quarterly peer- Prof. David Dickinson Development Centre, National and Department of Economics, Birmingham Kapodistrian University of Athens, reviewed scholarly journal published Business School, University of Greece by the Financial University under Birmingham, UK the Government of Russian Prof. Steve McGuire Federation, Moscow.