APPLY NOW Apply NowVirtual Tour VIRTUAL TOUR

Assistant Professor Dr Liew Chee Yoong

Assistant Professor

Academic Qualifications

PhD Finance
Masters of Business Administration (Finance)(Distinction)

Areas of Interest
Corporate Finance
Investment
Corporate Governance
Market Microstructure
Asset Pricing
Financial Development
Financial Innovation
Biography

Dr. Liew’s research interests are in corporate governance, corporate finance, financial development, information economics & management, market microstructure, applied finance & economics as well as interdisciplinary business research. He was appointed as an Executive Committee member of BAFA Special Interest Group (SIG) for Interdisciplinary Research in the field of accounting and finance since July, 2019. He was also one of the best participants worldwide (Best 14 out of 80 articles submitted globally) to be fully sponsored to attend and present a paper at the 5th International Conference on Corporate Governance In Emerging Markets held in Leipzig, Germany in September, 2015 as well as in the 6th International Conference on Corporate Governance in Emerging Markets in Amsterdam in July, 2018. This is the best corporate governance conference on emerging markets in the world which is organised and sponsored by The International Finance Group of the World Bank together with their affiliated partners. In addition, his research work have been cited by International Review of Financial Analysis (in 2020), Journal of Family Business Strategy (in 2015), Journal of Business Ethics (in 2017 and 2018), Contemporary Economics (in 2019), Entrepreneurship Theory & Practice (in 2022) and Law book published by Cambridge University Press (in 2019). He was also invited to a finance talk session by the prestigous Malaysian BFM89.9 radio channel as well as interviewed by the Malaysian Reserve newspaper in 2021 and the Star newspaper in 2022. His academic skills are also endorsed by the past President of the Midwest Finance Association of USA. His research have been published in WOS Social Science Citation Indexed (SSCI) journals, ABDC ranked journals, ABS (AJG) ranked journals and Scopus Indexed ranked journals. Currently, he is a Member of the Editorial Review Board of International Journal of Emerging Markets. He is also the external assessor for Swinburne University of Technology, Australia Sarawak Campus's foundation studies programme. In addition, he is also a research fellow with Center of Market Education Malaysia. He also won the Best Presenter Award at the Asian Universities Alliance (AUA) International Conference in 2021 organised by University of Indonesia, University of Malaya, UCSI University, University of Tokyo and Tokyo University of Marine Science and Technology. He was also ranked top 10% of all authors in Social Science Research Network (SSRN) by all-time downloads for 2021.

Research

Current research project

  • Cryptocurrency research
  • Environment, Social and Governance (ESG) research
  • Corporate Finance research
  • Investment research

Completed research project

  • SEGi University internal research grant project (Ref : SEGiIRF/2014-37/FOBAM-2/52)(worth RM 12,000/=) entitled “Directors’ Remuneration, RemunerationCommittee Independence, Directors’ Turnover, Ownership Concentration And Firm Value : Evidence from Malaysia for a maximum period of 2 years from 2014 to 2016.
  • Research grant project from the Ministry of Science, Technology & Environment, Malaysia (2008-2013) entitled “Family Firms, Expropriation And Firm Value : Evidence From Malaysia”.
  • Research grant project from the Ministry of Science, Technology & Environment, Malaysia (2003) entitled “Relationship Between Corporate Profits & Capital Structure, Fixed Assets & Working Capital In The Malaysian Context”.
     

Research Grant

No. Name of grantFunderProject TitleCodeDurationRoleAmountStatus
1MOSTI GrantMinistry of Science & Technology MalaysiaDeterminants of Firm Profitability In Malaysia 2 yearsPIRM3,000/=Completed
2MOSTI GrantMinistry of Science & Technology MalaysiaFamily Firms, Expropriation and Firm Value 3 yearsPIRM5,000/=Completed
3SEGi University Research GrantSEGi University MalaysiaDirectors' Remuneration and Firm ValueSEGiIRF/2014-37/FOBAM- 2/522 yearsPIRM12,000/=Completed

 

Research Report / Working Papers

  • Acknowledgment of assistance in The ICT Adoption Among Small & Medium Size Industries (SMEs) In Malaysia, United Nations University, Maastricht, The Netherlands; Lal, K. & Ong, S.F. (2005).

 

Publications

  1. Liew, C. Y., Ko, Y., Song, B. L., Murthy, S. T. (2022). Directors’ compensation, ownership concentration and the value of the firm: evidence from an emerging market. Journal of Industrial and Business Economics, 49(1), 155-188.
  2. Chao, S., Liew, C.Y., Shibgatullah, A.S. (2022). Factors affecting user intention towards mobile banking applications in Henan, China. In P. C. Lai (Ed.), Handbook of Research on Social Impacts of E-Payment and Blockchain Technology (pp. 362-375). Hershey, PA, USA: IGI Global.
  3. Dawood, H. M., Liew, C. Y., Lau, T. C. (2021). Mobile perceived trust mediation on the intention and adoption of FinTech innovations using mobile technology: A systematic literature review. F1000Research, 10, 1252. 
  4. Liew, C.Y., Ko, Y.K., Song, B.L., Murthy, S.T. (2021). Directors’ remuneration, expropriation and firm performance in Malaysia: Evidence from non-executive directors’ service duration within the remuneration committee. International Journal of Business and Globalisation, 28(1/2), 117-146 
  5. Najaf, K., Schinckus, C., Liew, C.Y. (2021). VaR and market value of Fintech companies: an analysis and evidence from global data. Managerial Finance, 47(7), 915-936
  6. Song, B. L., Liew, C. Y., Sia, J. Y., Gopal, K. (2021). Electronic word-of-mouth in travel social networking sites and young consumers’ purchase intentions: An extended information adoption model. Young Consumers, 22(4), 521-538. 
  7. Liew, C. Y., Devi, S. (2020). Family firms, banks and firm value: Evidence from Malaysia. Journal of Family Business Management, 11(1), 51-85. 
  8. Liew, C. Y., Devi, S.S. (2020). Independent directors’ tenure, related party transactions, expropriation and firm value: Evidence from Malaysian publicly listed corporations. In L. Farinha, Cruz, A.B., Sebastiao, J.R. (Ed.), Handbook of Research on Accounting and Financial Studies (pp. 182-207). Pennsylvania, United States: IGI Global 
  9. Liew, C.Y., Song, B.L. (2017). Consumers’ perception on organisational corporate social responsibility practices and its implications on consumer attitude: Evidence from the Malaysian telecommunication industry. Journal of Management and Sustainability, 7(4), 112-122.
  10. Liew, C. Y., Alfan, E., Devi, S.S. (2017). Family firms, expropriation and firm value : Evidence of the role of independent directors in Malaysia. International Journal of Organizational Leadership, 6, 42- 64 
  11. Liew, C. Y., Alfan, E., Devi, S.S. (2015). Family firms, expropriation and firm value : Evidence from related party transactions in Malaysia. Journal of Developing Areas Special Issue, 49(5), 139-153 

Conference

  1. Tan, C., Liew, C.Y. (2021). Behavioural Economics, Health Belief Model, and Institutional Quality: An Exploratory Analysis on the Predictors of Intention to receive the COVID-19 Vaccine. Paper presented at the AUA and ICSGS Academic Conference, University of Indonesia. 
  2. Khoo, A. P., Ong, S.F., Liew, C.Y. (2021). Factors That Affect Investors’ Intention to Adopt Robo-advisory Services in Malaysia. Paper presented at the ICAMME-LSCM Conference, Petra Christian University, Surabaya, Indonesia. 
  3. Liew, S. P., Koong, H.M., Liew, C.Y., Loh, Y.F. (2020). Risk and return : Empirical evidence from Malaysia. Paper presented at the The 22nd Malaysian Finance Association Conference 2020, Virtual.
  4. Hobeika, J., Liew, C.Y. (2018). Is Bitcoin Under Influence ? Paper presented at the 6th Paris Financial Management Conference, IPAG Business School, Paris, France, 17th-19th December, 2018.
  5. Liew, C.Y.; Ko, Y.K.; Song, B.L.; Murthy, S.T. (2018). Family firms, directors’ remuneration, expropriation and firm Value: Evidence of the role of independent directors’ tenure within the remuneration committee in Malaysia. Paper presented at the 4th Asia International Conference, Langkawi International Convention Centre, Langkawi, Malaysia, 8th-9th December, 2018.
  6. Liew, C.Y.; Ko, Y.K.; Song, B.L.; Murthy, S.T. (2018), “Directors’ Remuneration, Ownership Concentration, Expropriation And Firm Value : Evidence From Malaysia”, Paper Presented At The 6th International Conference On Corporate Governance In Emerging Markets (CGEM) at The Central Bank of Netherlands, Amsterdam, The Netherlands, 5th-6th July, 2018.
  7. Liew, C.Y.; Devi, S.S.; Alfan, E. (2017), “Family Firms, Expropriation And Firm Value : Evidence Of The Role Of Banks In Malaysia”, Paper Presented At The 8th International Research Meeting In Business and Management (IRMBAM-2017) at IPAG Business School, Nice Campus, France, 5th-6th July, 2017.
  8. Liew, C.Y.; Devi, S.S.; Alfan, E. (2015), “Independent Directors’ Tenure, Related Party Transactions, Expropriation And Firm Value : Evidence From Malaysian Firms”, Paper Presented At The 5th International Conference On Corporate Governance In Emerging Markets (CGEM) at The Centre For Corporate Governance, HHL Leipzig Graduate School of Management, Leipzig, Germany, 25th-26th September, 2015.
  9. Liew, C.Y.; Devi, S.S.; Alfan, E. (2015), “Family Firms, Expropriation And Firm Value : Evidence Of The Role Of Independent Directors In Malaysia”, Paper Presented At The Journal of Management And Governance (JMG) Conference (ISI-Indexed Conference) at The Free University Bolzano-Bozen, Bolzano, Italy, 16th-17th July,2015.
  10. Liew, C.Y.; Devi, S.S.; Alfan, E. (2014), “Family Firms, Expropriation And Firm Value : Evidence From Related Party Transactions In Malaysia”, Paper Presented In TheAustralian Academy of Business and Social Science (AABSS) Conference in partnership with The Journal of Developing Areas (JDA), United States at the Grand Seasons Hotel, Kuala Lumpur, Malaysia, 25th August-26th August, 2014.
  11. Liew, C.Y.; Devi, S.S.; Alfan, E. (2012), “Family Firms, Expropriation And Firm Value: Evidence From Malaysia”, Paper Presented In The Accounting and Finance Research Issues in Capital Market Behaviour Symposium at the School of Business, Monash University Malaysia, Malaysia, 26th July, 2012.
  12. Liew, C.Y. & Samad, M. F. (2011), “Expropriation-Related Variables and Firm Performance: Evidence From Malaysian Family Firms”, Proc. June, 13th Malaysian Finance Association Conference 2011, Langkawi, Kedah, Malaysia, CD-Rom.
  13. Liew, C.Y. (2004), “Relationship Between Corporate Profits & Capital Structure, Fixed Assets & Working Capital In The Malaysian Context”, Proc. August, National Conference On Accounting & Finance, Putrajaya, Wilayah Persekutuan, Malaysia,CD-Rom.

Manuscripts Reviewed

  1. Invited to review manuscript entitled “Factors Influencing Dividend Policy In Manufacturing Companies” for Asia Pacific Journal of Business Administration (APJBA) which is a Thomson Reuters International Scientific Indexed (ISI) Emerging Sources Citation Indexed (ESCI) Journal, SCOPUS indexed journal and Australian Business Dean’s Council (ABDC) “C” ranked journal.
  2. Invited to review manuscript entitled “Corporate Green CSR/CSE Management based on a Metadata Analysis” for Journal of Economics, Management and Trade (formerly known as British Journal of Economics, Management and Trade) which is an open peered review and open access international journal under Sciencedomain.org.
  3. Invited to review manuscript entitled “Internal Corporate Governance Structures and Voluntary Corporate Governance Disclosures - A Case of India” for Asian Journal of Business and Accounting (AJBA) (Scopus Indexed and Thomson Reuters International Scientific Indexed (ISI) Emerging Sources Citation Indexed (ESCI) Journal) published by University of Malaya and Australian Business Dean’s Council (ABDC) “C” ranked journal.
  4. Invited to review manuscript entitled “Ownership And Segment Disclosure: Moderating Effect Of Competitiveness In Malaysia” for Accounting Research Journal (Non-ISI and Emerald-Indexed Journal).
  5. Invited to review manuscript entitled “A Post-Merger Efficiency Of Banks In Nigeria : A Data Envelopment Analysis (DEA) Based Impact Analysis” for Journal of Business Management and Administration (JBMA)(Non-ISI and Non-Scopus Cited International Refereed Journal).
  6. Invited to review manuscript entitled “Corporate characteristics and audit quality: Evidence from quoted firms in Nigeria” for Journal of Business Management and Administration (JBMA)(Non-ISI and Non-Scopus Cited International Refereed Journal).
  7. Invited to review manuscript for Journal Of Economics and International Finance (JEIF)(Non-ISI and Non-Scopus Cited International Refereed Journal)
  8. Invited to review manuscript entitled “The relationship between financing as capital structure and economic value added” for Issues In Business, Management & Economics (IBME (Non-ISI and Non-Scopus Cited International Refereed Journal).

Professional Membership & Activities

  • Appointed to be a reviewer for the National Conference 2017 of Italian Academy of “Economia Aziendale” (AIDEA) with the theme entitled “New Trends in Business Economics and Management Studies. Rewriting the Relationship between Business and Society”(14th and 15th of September, 2017) organized by Università degli Studi Roma Tre, Italy.
  • Appointed to be a reviewer for the Asia Pacific Conference On International Accounting Issues in Kuala Lumpur, Malaysia (Nov 5th-8th, 2017) organised by California State University, USA and Unitar International University, Malaysia.
  • Panel reviewer for Journal of Management & Organization (formerly known as Journal of the Australian and New Zealand Academy of Management) which is published by University of Cambridge, England. This journal is a Thomson Reuters International Scientific Indexed (ISI) Social Science Citation Indexed journal and Australian Business Dean’s Council (ABDC) “B” ranked journal.
  • Panel reviewer for Asia Pacific Journal of Business Administration (APJBA) (Scopus Indexed, Thomson Reuters International Scientific Indexed (ISI) Emerging Sources Citation Indexed (ESCI) Journal and Australian Business Dean’s Council (ABDC) “C” ranked journal) published by Emerald Publishing.
  • Panel reviewer for Asian Journal of Business and Accounting (AJBA) (Scopus Indexed and Thomson Reuters International Scientific Indexed (ISI) Emerging Sources Citation Indexed (ESCI) Journal) published by University of Malaya.
  • Panel reviewer for Institutions and Economies (Scopus Indexed journal) published by University of Malaya.
  • Panel reviewer for the Accounting Research Journal
  • Editorial Board Member of The International Association of Economics, Finance and Sustainable Business Of Canada
  • Member of the British Accounting & Finance Association (BAFA)

Achievements & Awards

  • My paper entitled “Family firms, banks and firm value: Evidence from Malaysia” is recognised as 1 of the 6 most frequently read and cited research papers in the Journal of Family Business Management (Scopus Q1, AJG ranked 1, publisher Emerald). The evidence is in this virtual special issue https://lnkd.in/gwDMqRHt
  • Top 10% of All Authors In Social Science Research Network (SSRN) in terms of download for 2021.
  • Won Best Presenter Award at the Asian University Alliance (AUA) Conference (2021) organized by University of Indonesia, University of Malaya and University of Tokyo.
  • Appointed as a Chair and Reviewer for the 4th Alternative Accounts Europe (AAE) Conference held at University of Birmingham, United Kingdom in January, 2022.
  • Appointed as a discussant and session chair at the Asian University Alliance (AUA) Conference (2021) organized by University of Indonesia, University of Malaya and University of Tokyo.
  • Appointed as the External Assessor for Swinburne University of Technology, Australia (Sarawak Campus) Foundation Studies Programme (2021).
  • Appointed as a reviewer and Session Chair for the 3rd Alternative Accounts Europe Conference which was held at Queen Mary University of London, United Kingdom in January, 2021.
  • Appointed as a Member of Editorial Review Board for International Journal of Emerging Markets (Social Science Citation Indexed)(Journal Impact Factor for 2019 : 1.022)
  • Appointed as an Associate Editor for the journal, Corporate Governance – The International Journal of Business in Society (Scopus Quartile 1 Ranked Journal) from May, 2020 until May, 2021.
  • Appointed as an Executive Committee Member of The Interdisciplinary Perspectives Special Interest Group (SIG) of the British Accounting and Finance Association, United Kingdom since July, 2019.
  • My research article entitled “Independent Directors’ Tenure, Related Party Transactions, Expropriation And Firm Value : Evidence From Malaysian Firms” has been selected to be used by the Malaysian Institute of Corporate Governance (MICG) to chart the corporate governance policy direction of Malaysia.
  • I am one of the best participants worldwide to be partially sponsored by The International Finance Group of the World Bank to attend and present a paper as well as become a discussant at the 6th International Conference on Corporate Governance In Emerging Markets held in Amsterdam, The Netherlands on the 5th- 6th of July, 2018. This is a global prestigious conference organised by The Central Bank of Netherlands, University of Groningen and the International Finance Group of the World Bank. The sponsorship is in the amount of Euro 1,000.
  • I am one of the best participants worldwide to be fully sponsored by The International Finance Group of the World Bank to attend and present a paper at the 5th International Conference on Corporate Governance In Emerging Markets held in Leipzig, Germany in September, 2015. This is a global prestigious conference organised by HHL Center For Corporate Governance, Leipzig Graduate School of Management, Germany, International Finance Group of the World Bank and Corporate Governance Forum of Turkey. The sponsorship cover economy air-ticket (return) and 3 nights accomodation stay at the Westin Hotel, Leipzig, Germany.
  • Appointed as Session Chair at The 8th International Research Meeting In Business and Management (IRMBAM-2017) at IPAG Business School, Nice Campus, France, 5th-6th July, 2017
  • My manuscript entitled “Family firms, expropriation and firm value: Evidence from related party transactions in Malaysia” is archived at the Australian National Library, Canberra, Australia. This manuscript is one of the best 16 manuscripts selected out of a worldwide submission of 143 manuscripts for publication in the Special Issue of the Journal of Developing Areas (JDA) 2015. The Journal of Developing Areas (JDA) is part of the Project MUSE which is run by John Hopkins University, United States. Project MUSE is a leading provider of digital humanities and social sciences content; since 1995, its electronic journal collections have supported a wide array of research needs at academic, public, special, and school libraries worldwide. MUSE books and journals, from leading university presses and scholarly societies, are fully integrated for search and discovery. The Journal of Developing Area’s Editorial Advisory Board includes eminent personalities such as Economics Nobel Laureate Professor Eric Maskin and the World Bank Chief Economist Dr Kaushik Basu.
  • Top 10 download list for Social Science Research Network (SSRN) for Microeconomics and International Corporate Finance E- Journals (SSRN is the Number One Open Access Repository in the World (for January, 2011) by the Ranking Web of World Repositories    (http://repositories.webometrics.info/toprep.asp).
  • One of the 10 applicants from Malaysia, who received University Malaya’s research assistantship to undertake PhD in business studies at University Malaya, Kuala Lumpur, Malaysia.
  • One of the best 5 candidates from Malaysia selected by Fulbright, USA to be nominated for the Postgraduate Research Scholarship (2008).
  • Top 10% of Graduate Records Examination (GRE) Quantitative scores of all test-takers around the world.
     

Networks and Collaborations on Research

  1. UK
  2. France
  3. USA
  4. Germany
  5. China
  6. Thailand
  7. New Zealand
  8. Malaysia
  9. Indonesia
  10. Pakistan

Contributions to Society

  1. Published an article in the Star newspaper on cyber risks in the banking sector in Malaysia in January, 2022.
  2. Published an article in the Malaysian Reserve Newspaper on the revision of the equity guidelines for SPACs by the Securities Commission (SC) of Malaysia in December, 2021.
  3. Invited to give a talk at Institute of Management & Research, New Delhi, India.
  4. Interviewed by BFM89.9 radio channel on the launch of the Capital Market Masterplan 3 in Malaysia by the Securities Commission 
  5. Provided a talk on "Financial Literacy in the Fintech Era" through The Center for Market Education (CME) Webinar on 7th December, 2021.
  6. Research Fellow at the Center for Market Education (CME)
  7. Executive Committee Member of the British Accounting & Finance Association (BAFA) Interdisciplinary Research Special Interest Group (SIG)