Chin-Hong Puah

• PhD (Financial Economics)
• Professor at University of Malaysia, Sarawak

This book explores the various topics that create the intersection between three key areas of Islamic finance, corporate governance, and sustainable growth. The intersection between these areas develops a useful understanding of how Islamic finance and corporate governance is an essential aspect of sustainable growth. The book sheds light on the ro...

This paper proposes a sustainable competitiveness indicator for the state of tourism vulnerability in the Malaysian tourism market. Further investigation has also been done on the time-frequency and lead-lag relationship of the indicator with tourism development and economic growth. The resultant indicator is consisted of 12 variables, identified b...

This paper attempts to develop a tourism market vulnerability indicator for Thailand as a real-time monitoring instrument in mitigating vulnerability in Thailand’s tourism. The indicator is constructed by extracting a common vulnerability component using a dynamic approximate factor model with a blend of six variables of macroeconomics and tourism....

This study quantified the impact of climate on the international tourism demand in China. Due to rising awareness and urgency to combat climate change, there is a growing need to better grasp the possible implications and the risk of climate change to the tourism industry. The tourists’ travel decision can be influenced by both climatic and non-cli...

This study explores relevant studies on Islamic insurance, including key themes, research areas, and research objectives. This study lays foundation for understanding the current status and trends in Islamic insurance research by systematically collecting, organizing and analyzing relevant literature. This study combines systematic literature revie...

The impact of the ageing population on China’s economy and society is multifaceted, with the impact on household savings rates being particularly important. This study investigates the influence of population ageing on household savings rates, utilizing data obtained from the China Household Finance Survey (CHFS) spanning the period from 2015 to 20...

Entrepreneurship and Green Finance Practices focuses on critical issues such as the role of Green Financing in Green Entrepreneurship in Asian Countries and looks for the mechanisms that can help in idea-generation and the launching of successful Green Start-ups.

This research aims to understand the influence of behavioural factors on investment decisions in the Pakistan Stock Exchange (PSX). This study gathered primary data using a survey-based questionnaire from 318 individual investors. The issue being investigated in this study is how behavioural elements, such as sentiment, overconfidence, over- and un...

Financial inclusion and financial exclusion sometimes have been interchanged to describe the phenomena of people’s ability to obtain effective and inexpensive financial products and services that match their demands. Countries move towards promoting new business models, which include utilizing e-commerce data for financial inclusion. Financial incl...

As consumers increasingly seek experiences, this study employs experience quality as a mediator between cognition and affection in the well accepted cognition-affection-overall image framework. Compared with previous studies of destination image which carries the double identity of residents being visitors and people living in the destination, this...

This study aims to investigate the influence of digital financial inclusion on China’s urban–rural income disparity. A comparative analysis on income differences between western and eastern regions in China was conducted in this paper. The study utilized a static panel approach as it consisted of 22 provinces in China that covered the period from 2...

The Belt and Road Initiative aims to connect Eurasia, African and Asian countries in several ways. To achieve this objective, huge investments in the construction sector funded by China in various participating countries are underway. Some megaprojects had achieved great success. However, dissenting voices were expressed in some participating count...

The world is changing rapidly with the adoption of sophisticated digital technology. The foremost tool for digital technology operation is digital connectivity infrastructure. To unleash the potential of the digital economy in ASEAN countries, the foundation is upgrading its digital connection, which is a key part of making digitalization feasible....

Purpose This study aims to examine the interconnectedness between investors' perceptions of assets and their behavioral factors with investment decisions during the COVID-19 pandemic in the real estate business in Pakistan. In this regard, this study predicted investment decisions using individuals’ perceptions of the asset (perceived asset quality...

A sustainable environment is as important as the economy’s growth, but, unfortunately, economic growth is environmentally unsustainable. Hence, there is a need to adopt efficient ways to help maintain a sustainable environment. The present research is designed to evaluate the association between financial inclusion, energy efficiency, and a sustain...

This study aims to reveal the tourism performance among ASEAN countries by creating a tourism sustainable competitiveness indicator (TSCI). This study introduces an ensemble random forest approach in developing an integrative framework that incorporates tourism, sustainability and competitiveness. It demonstrates the management of multi-faceted tou...

In recent years, the competition in the tourism market has become more and more fierce. Tourism destinations need to ensure they have sufficient sources of tourists, and thus, improving their market competitiveness, image, and reputation are particularly important. For this reason, tourism academia has always attached great importance to the study...

The 12th Sustainable Development Goals (SDGs) highlighted the importance of ensuring sustainable consumption and production patterns. Researchers have found that energy subsidies may encourage overconsumption, misuse, and moral hazard problems. Hence, there is a need to rationalize inefficient energy subsidies. Consequently, the Malaysian governmen...

The present bibliometric review of research intends to document and synthesize research trends in the domain of sustainable competitiveness over the past decade. Through bibliographical analysis of 1259 Scopus-indexed documents, the literature published from 2010 to 2020 has been identified. Publication output analysis, citation analysis, journal a...

Over the years, macroeconomic fundamentals and the stock market were found to have symmetrical relationship in numerous scientific investigations. These fundamentals provide crucial knowledge regarding stock price indices by providing forecasts for the future and information on the current status of the economy. This study employs a Nonlinear Autor...

The research aims to investigate the impact of theoretical drivers, facilitators, and barriers on the intention to adopt m-payment. It further examines the impact of the intention to adopt m-payment on usage behavior. Partial least squares structural equation modeling was used based on a suitable sample of 408 participants in Karachi, Pakistan. The...

Purpose The objective is to assess the relationship between financial inclusion and bank profitability in emerging economies, i.e. “Bangladesh, Egypt, Indonesia, Mexico, Nigeria, Pakistan, Philippines, and Vietnam”. Design/methodology/approach The second-generation econometrics of panel data has been applied to examine the cross-section independen...

Purpose This study aims to investigate two primary objectives. First, this study examines the influence of modified service quality dimensions on Islamic bank customer satisfaction using a compliance, reliability, empathy, assurance, tangible, operational efficiency, responsiveness (CREATOR) model. Second, the study explores the relationship betwee...

In line with the 2030 Agenda of Sustainable Development initiated by the United Nations, a climate-resilient development strategy is in a need for the South African tourism. Following the principles of sustainable tourism development, the empirical analysis in this study intends to discover the dynamic relationship between climate change and touris...

The accelerated aging of China’s population will inevitably increase the burden of social retirement and significantly impact the development of financial markets, which is not conducive to sustainable social development. A proper allocation of financial assets will enable households to earn more property income and facilitate the appropriate alloc...

The Belt and Road Initiative (BRI) is one of the largest infrastructure projects in the world, accounting for more than 30% of global GDP and 60% of world population. The economic growth of BRI member countries can be improved significantly, attributable to the successfulness of the infrastructure projects. The increased economic growth indirectly...

A wave of studies has always surrounded the nexus of tourism development and economic growth in a nation. An assessment is provided in this study to examine the Malaysian tourism market dynamics. A series of macroeconomic variables has been utilised to model tourism demand and examine causal linkages among tourism and economic growth. Spanning from...

Despite having a vital role in national food security, there is an inadequate emphasis on the smallholder paddy farmer's productivity and wellbeing. Previous studies regarding productivity and wellbeing relationships have no consensus. This research offers financial planning as moderation in the issue of productivity and wellbeing for Sarawak's pad...

This study aims to determine the effect of human capital, structural capital, and consumer capital on financial performance and moderate the speed of innovation. The type of research used in the study is quantitative—data collection techniques in distributing questionnaires measured using a Likert scale. The sampling technique used was random sampl...

Purpose This research investigates the relationship between e-learning service quality dimensions, student e-learning satisfaction, commitment and behaviour towards finance courses in higher education institutes of Pakistan. Design/methodology/approach Due to specific study objectives, the authors gathered sample data of 359 university students wh...

Purpose This study aims to examine the impact of stakeholder pressure on Islamic banks’ corporate social responsibility (CSR) practices and financial performance. Design/methodology/approach A close-ended questionnaire was collected from 282 Islamic bank’s branch managers. Partial least square structural equation modeling was used to test the hypo...

The present study is the first attempt in Pakistan to examine the determinants of Islamic personal financing by using a modified theory of reasoned action (TRA) model. This study uses the two primary constructs of the TRA model: subjective norm and attitude. Additionally, this study modified this model by introducing three relevant factors: pricing...

The COVID-19 pandemic has put a lot of pressure on the women-run weaving industry, one of which is a decline in demand and the loss of opportunities for women to support the economic life of their families amid global efforts to improve gender equality and women's welfare. This research is expected to solve the inequality problem, especially for wo...

Despite substantial extant literature on tourists’ visiting behavior, little is known about the intention to visit, revisit, and stay longer in an emerging destination. Sarawak is an emerging destination that has demonstrated the capability to attract tourists from China. The present study lays the groundwork for the exploration of Chinese tourists...

This study intends to evaluate the export competitiveness of agricultural products using the data of 186 agricultural commodities in Malaysia for the period ranging from 1988 to 2014. Besides, this study engages in the total export of the world with Standard International Trade Classification Revision Three-SITC Revision 3 (5-digits code) to analys...

Purpose The role of green human resource management in Islamic banking remains relatively unexplored. This study focuses on how green human resource management plays a part using intellectual capital and how green human resource improves employee commitment, eco-friendly behavior and environmental performance in Islamic banks. Design/methodology/a...

This study intends to evaluate the export competitiveness of agricultural products using the data of 186 agricultural commodities in Malaysia for the period ranging from 1988 to 2014. Besides, this study engages in the total export of the world with Standard International Trade Classification Revision Three-SITC Revision 3 (5-digits code) to analys...

Purpose This research aims to explain the effect of financial indicators and economic growth on human capital in low-income countries. Design/methodology/approach We gathered balanced panel data from 1980 to 2016 over a sample of 12 low-income countries categorized by World Development Indicators. The data stationary properties were analyzed by un...

This paper aims to quantify the effect of the deadly novel coronavirus (COVID-19) pandemic outbreak on Chinese stock market performance. Shanghai Stock Exchange Composite Index and its component sector indices are examined in this study. The pandemic is represented by a lockdown dummy, new COVID-19 cases and a dummy for 3 February 2020. First, desc...

Business sustainability within the economic system has been a great interest of policymakers. There are several dimensions to measure the economic performance of a nation. It is not easy to understand the growth process of countries without knowing new factors that emerged within the financial system. In today’s dynamic environment, there is a need...

Assessing the substantial economic benefits of event tourism will provide insight into the effectiveness of tourism event in Malaysia.The significance of the tourism event sector has the potential to boost Malaysia’s economic growth, increase the arrivalof international tourists, increase tourist expenditure and further job creations.This study emp...

This paper examines the impacts of the COVID-19 pandemic and selected commodity variables on Booking.com share price using the Markov-switching approach. Daily data spans from January 2017 through July 2020 are utilized in this study. Empirical evidence showed that COVID-19, international crude oil price, and gold price affected the Booking.com sha...

Purpose This study’s objectives are twofold; first, this paper aims to explore the determinants of perceived benefit and perceived risk of Islamic Fintech. Second, this study examines the influence of perceived benefit, perceived risk and user trust on the intention to adopt Islamic Fintech. Design/methodology/approach The sample of 350 was distri...

Purpose This study aims to examine the relationship between e-government and corruption in selected South Asian countries (Pakistan, India, Bangladesh and Sri Lanka). Design/methodology/approach The sample data were gathered from reliable secondary sources over a sample period of 2003–2018. Additionally, this study incorporated other potential det...

In this new age of financial technology developments in ASEAN, the financial services industry is evolving quickly. However, consumer intention to embrace financial technology in different financial services remains vague. Hence, this study aims to investigate the consumer Fintech adoption level through constructing a Fintech Adoption Index for ASE...

This paper aims to identify the nexus of stock market, trade and economic growth in Thailand. The study used approximately two decades of monthly data from 2000 to 2019. By applying the continuous wavelet transform (CWT) wavelet-based approach, the time-frequency and lead-lag relationships among the variables can be captured. Empirical findings rev...

The contemporary business environment has superseded the retail and industrial economy due to the information-age economy's existence. The combination of knowledge and information provide practical benefits to the technology-driven and knowledge-intensive businesses. In this context, the firms heavily rely on efficient management practices such as...

This study examines the performance of monetary policy transmission mechanisms in Indonesia from the money view. The best choice of a monetary policy transmission channel has been a topic of debate for many years among researchers as well as central banks. This is mainly due to the inconsistent performance of different channels across countries and...

This paper attempts to develop a financial vulnerability indicator for China as a barometer for the state of financial vulnerability in the Chinese financial market, possibly for real-time application. Twelve variables from different sectors are utilised to extract a common vulnerability component using a dynamic approximate factor model. Through t...

A growing interest is surfacing toward the non-linearities in tourism demand forecasting. This paper aims to construct a tourism composite indicator to anticipate the cyclical movement for the tourism demand in Fiji. The time duration tackled in the current study is under the span of approximately two decades from 2000 to 2017. Apart from an indica...

This study attempts to develop a financial vulnerability indicator serving as a composite indicator for the state of financial vulnerability. The indicator was constructed from 10 variables of macroeconomic, financial and property market by extracting a common vulnerability component through the dynamic approximate factor model. On the feedback and...

The study investigates an average direct and indirect costs incurred by Nasopharyngeal Cancer (NPC) patients who received diagnosis, treatment and follow up in the Sarawak General Hospital, Kuching, Malaysia. A total of 299 NPC patients were randomly selected using a primary data collection approach from the Sarawak General Hospital between Novembe...

This paper aims to quantify the effect of the deadly novel coronavirus (COVID-19) pandemic outbreak on Chinese stock market performance. Shanghai Stock Exchange Composite Index and its component sectorial indices are examined in this study. The pandemic is represented by a lockdown dummy, new COVID-19 cases and a dummy for 3 February 2020. First, d...

This paper aims to quantify the effect of the deadly novel coronavirus (COVID-19) pandemic outbreak on Chinese stock market performance. Shanghai Stock Exchange Composite Index and its component sector indices are examined in this study. The pandemic is represented by a lockdown dummy, new COVID-19 cases and a dummy for 3 February 2020. First, desc...

This paper scrutinised the impact of economic uncertainty on the broad money demand in South Africa using quarterly data from 2001 to 2018. Generalized Autoregressive Conditional Heteroscedasticity (GARCH) model is employed to capture the volatilities of selected components in order to construct an economic uncertainty index (EUI) for South Africa....

This study aims to investigate the impact of bank-specific factors and macroeconomic environment on bank profitability and management efficiency in Pakistan. The sample data comprised of 24 banks over a sample period of 2007-2015. The panel least squares regression with a fixed effect model suggests that bank profitability is significantly affected...

The manufacturing sector has become increasingly important as the engine of growth in the external trade landscape in Malaysia. Meanwhile, most of the manufactured products are involved in intra-industry trade (IIT) and the past studies have documented that vertical intra-industry trade (VIIT) dominates IIT. Thus, using the panel autoregression (VA...

This study measures the tracking errors of exchange traded funds (ETFs) listed in Bursa Malaysia. Five measures of tracking errors are estimated in this study for the seven ETFs involved. Overall, the best ETF is METFAPA with the least tracking error. The ranking of the remainder ETFs, in the ascending order of tracking error is MYETFID, METFSID, M...

The composite leading indicators approach has been popularised in general business and property forecasting extensively, but only rarely in a tourism framework. By utilising the National Bureau of Economic Research (NBER) approach in the construction of a tourism cycle indicator (TCI) for Mal-dives, a significant signalling attribute regarding inte...

The fluctuation of oil price tends to have adverse effect on the tourism industry of a nation. This paper investigates the dynamic changes of the inbound tourism market for Fiji and the driving forces of the Fijian tourism cycle. A set of fundamental determinants of tourism demand including international crude oil price has been utilized to predict...

The Vietnamese tourism sector is well known for its unique culture and natural resources, and has always been one of the important engines of growth for its economy. This paper aims to identify the macroeconomic determinants of tourism demand in Vietnam through the application of a gravity model pioneered by Tinbergen (1962) with some modifications...

This paper aims to investigate Malaysia’s vulnerability to a financial crisis. The methodology employed is an extension of the signals approach based on the original work of Kaminsky and Reinhart (1999). By studying the period from 2000M1 to 2016M9, we construct a financial vulnerability indicator (FVI) to measure the development of vulnerabilities...

This study attempts to scrutinize the fluctuations of the Fijian tourism market and forecast the early warning signals of tourism market vulnerability using the tourism composite indicator (TCI). The data employed on a monthly basis from 2000M01 to 2017M12 and the indicator construction steps were adopted from the ideology of the National Bureau of...

Purpose Local foods from the perspective of tourism play a significant role to attract tourists. Surprisingly, empirical evidence on food tourism is quite scarce. The purpose of this paper is to develop and investigate a conceptual framework on tourist satisfaction, loyalty and word of mouth (WOM) to select local foods in Pakistan. Design/methodol...

The term advertising refers to the strategy that affects consumer behaviour and induces higher household final consumption expenditure (HFCE), which is associated with incredibly demanding for money upon transaction usages and a reduction in search costs. The model of money demand that is stable, reliable and well defined is crucial for central ban...

Purpose The purpose of this paper is to determine the factors influencing customer adoption toward takaful products in Pakistan. Design/methodology/approach The study used five attributes of diffusion innovation theory (DOI), namely, relative advantage, compatibility, trialability, observability and complexity. Furthermore, the authors introduced...

This study explores the impact of subsidy reform on export performance in ASEAN-5 economies, whereby the output of this research may be useful for the policymakers to balance favourable subsidy reform upon sustainable economic development while controlling fiscal burden. The objective of this study is to explore the impact of subsidy reform on expo...

Purpose The purpose of this study is to examine the effect of foreign aid (FA) on corruption in selected Asian countries (Pakistan, India, Srilanka and Bangladesh) using the panel data from 2000 to 2014. Design/methodology/approach The author used Levin-Lin-Chu and Im-Pesaran-Shin panel unit root tests to check the stationary properties of the var...

Purpose This paper aims to explore the impact of liquidity risk, credit risk, funding risk and corruption on bank stability of the banking system in Pakistan. Design/methodology/approach The empirical analysis is confined to 24 retail banks, which include 5 Islamic and 19 conventional banks during the period of 2007-2015. Findings The findings of...

Balancing between favorable energy subsidy and the financial burden of government is crucial for policymakers. This article intends to advance this thinking by informing policymakers about how price reacts to changes in the international oil price and energy subsidy program. Hence, it is essential to investigate the empirical evidence concerning th...

Malaysia imposed capital control and fixed exchange rate during 1999-2005 due to Asia financial crisis 1997/98. The capital control was liberalized and the pegged ringgit was lifted in July 2005. This study examines the dynamic relationship among macroeconomic stability and industrial performance in the post-capital control era with de-pegged regim...

The local and international communities play an important role in the sustainable growth of the Malaysian tourism industry. The principle of sustainable growth in the tourism industry was proposed by the World Tourism Organization (WTO) in 1988. As the tourism industry is one of the largest and fastest growing industries in Malaysia, the government...

In literature, inferior performance still prevails as one of the unresolved issues with regard to the monetary model of exchange rate. A money demand function that is unstable can contribute to the inferior performance of the model. One of the causes for an unstable money demand function is the application of the simple sum monetary aggregate in th...

Purpose The purpose of this study is to examine the internal determinants of bank profitability and stability in Pakistan banking sector. Because of specific research objectives, this study excludes the external factors of profitability and stability to find the role of bank internal determinants in achieving high performance. Design/methodology/...

The purpose of this research is to address the two important questions. Does bank size effect bank stability? Does funding risk explain bank stability? For this purpose, we have obtained a balanced panel data from the banking sector of Pakistan. The sample data consist over five Islamic and nineteen conventional banks from 2007 to 2015. The results...

Purpose The purpose of this paper is to investigate whether real estate companies manipulate their earnings through the brokerage fee across ownership expropriation or not. Design/methodology/approach This study considers Kuala Lumpur Stock Exchange listed real estate firms to investigate how the brokerage fee in the real estate industry might a...

Introduction. An analysis of available statistical information gives grounds to assert that the right of a significant number of Ukrainian citizens to adequate and affordable food is systematically violated. We mean those people who are in the state of constant food insecurity due to excessive costs required to purchase food. The problem of food se...

Ontologies play a crucial role in multiagent systems (MASs) development, especially for domain knowledge modeling, interaction specifications, and behavioral aspect representation. Domain‐specific ontologies can be developed in an ad hoc or systematic manner through the incorporation of ontology development steps on the basis of agent‐oriented meth...

Stability of the exchange rate is critical for policy formulation in Indonesia and thus, has boosted the study of exchange rate behaviour. In this study, the monetary model of exchange rate has been utilised to determine the exchange rate for Indonesia. The model was improved by means of including the Divisia monetary aggregate as the money measure...

Transformational leadership is important for enhancing organizational performance. An inspiring leader positively infl uences employee confi dence, attitude and self-esteem Therefore, this study aims to measure the association between self-esteem, transformational leadership and innovative success in the presence of aff ective and normative commitm...

Changes in the price of crude oil have significant impacts on a company’s production cost. Therefore, research on forecasting the movement of oil prices is imperative to obtain a profound yet forward-looking idea regarding their future direction. Contributing to this effort, this paper endeavours to design and build an oil price indicator that inco...

Crude oil, as the most traded commodity in the world, exhibits prices with a clear influence on other commodities in the worldwide market. It also poses implications regarding the economic growth of oil-exporting and oil-importing nations. This study provides an unprecedented method of employing the indicator approach as proposed by the Conference...

This study examines the relationship between defensive strategy and firm value for a sample of 596 listed firms in Malaysia over the period 2008 to 2015. For the sake of robustness, the institutional setting is considered in this research by gauging the ownership structure. More specifically, this study seeks to determine whether a firm’s ownership...

The economic performance of Malaysia was affected by a series of financial crises that had induced macroeconomic instability in the country, which in turn had immensely dampened the nation’s economic growth rate. No doubt Malaysia needs an indicator to monitor the nation’s economic performance from time to time. This study attempts to construct suc...