Hooi Hooi Lean | Universiti Sains Malaysia (original) (raw)

Papers by Hooi Hooi Lean

Research paper thumbnail of The Effects of Air Pollution on Tourism in Thailand

Geo Journal of Tourism and Geosites, Jun 28, 2024

Research paper thumbnail of Comparative Analysis of Technological Innovation in Chinese Cities: Pre and Post-Government Green Performance Assessment

Politická ekonomie, Mar 12, 2024

Research paper thumbnail of Technical Contradiction and Commonality

Routledge eBooks, May 23, 2023

Research paper thumbnail of Confucian “Zhongyong”

Routledge eBooks, May 23, 2023

Research paper thumbnail of Dataset for: What are the determinants of Fuel Subsidies in Asia Pacific Economic Cooperation (APEC) Countries?

This dataset is used to investigate the determinants of fuel subsidies in selected Asia Pacific E... more This dataset is used to investigate the determinants of fuel subsidies in selected Asia Pacific Economic Cooperation (APEC) countries from 1991-2018. Our data provide an empirical analysis of the economic and political perspectives of the fuel prices in APEC countries resulting from the elimination of fossil fuel subsidization policy.

Research paper thumbnail of Data for: The Effects of the Global Pandemic on China’s ‘One belt, One Road’ Outward Foreign Direct Investment in the ASEAN Region

This dataset is used to investigate the effects of the global pandemic on China's outward for... more This dataset is used to investigate the effects of the global pandemic on China's outward foreign direct investment (OFDI) in the ASEAN region. The dataset using annual data from 2005-2020 to examine the impact of the global health crisis on China's OFDIs. The data for the year 2020 is a brand new dataset and based on authors' owned computations. The data is collected through the International Monetary Fund's the World Economic Outlook, The International Labour Statistics ILOSTAT, and The World Bank's World Economic Indicators.

Research paper thumbnail of Socially Responsible Investing Funds in Asia Pacific

The term socially responsible investing (SRI) is defined as an investment strategy that provides ... more The term socially responsible investing (SRI) is defined as an investment strategy that provides investors financial gain as well as contributes to society and the environment (Benson et al., 2008). SRI is also defined as an investment that integrates environmental, social and governance issues when forming the investment portfolio (Kiesel et al., 2010). As stated in Hamilton et al. (1993), SRI can be described as ‘doing good while doing well’ because the aim of SRI is to enhance the sustainability level in our surroundings besides providing financial returns to investors. Alternative terms include mission investing, responsible investing, double or triple bottom line investing, ethical investing, sustainable investing or green investing.1 In total, there are four types of SRI portfolios: environmental, religious or ethical, social and corporate governance (Fung et al., 2010). SRI not only uses financial criteria solely to determine which investment to invest in but also takes into account the contribution and impact of that particular investment towards society, environment and people (Ballestero et al., 2011).

Research paper thumbnail of Does electricity drive the development of manufacturing sector in Malaysia?

Frontiers in Energy Research, 2014

Research paper thumbnail of The influence of economic growth, urbanization, trade openness, financial development, and renewable energy on pollution in Europe

Natural Hazards, Jun 14, 2015

Research paper thumbnail of Intellectual Capital and Firm Performance in Malaysia: Exploring the Nonlinearity and Synergy Effects

The Singapore Economic Review, Jun 2, 2023

Inconsistent results of the impacts of intellectual capital (IC) investments on firm performance ... more Inconsistent results of the impacts of intellectual capital (IC) investments on firm performance have raised question regarding the pros and cons of IC investments. However, analyzing the relationship between IC and firm performance from a nonlinear perspective remains under-researched. Hence, this paper aims to examine whether IC investments have a nonlinear relationship with firm performance. This study also examines the interaction effects of IC components on firm performance. We undertake the data that ranges from 2009–2022 on Malaysian public listed firms. The study separates the data into two periods, one without COVID-19 impact (2009–2018) and the other with COVID-19 impact (2019–2022), to examine the potential impact of IC to firm performance with and without the presence of COVID-19 pandemic. The study utilizes panel data regression method to analyze the hypothesized relationships. The results indicate that the relationship between IC components and firm performance is nonlinear when COVID-19 is not present, but this relationship changes in the presence of COVID-19 impact. That is, although continuous IC investments can be a safe investment strategy, their positive impacts on firm performance lose initial strength after a certain critical level of IC investments. Based on the findings, Malaysian public listed firms need to have skilled and intellectual labor force to support the transition from labor intensive industries to knowledge-intensive industries. Moreover, tangible investments play a contributing role in intangible investments. Managers should be careful in investing both physical and financial resources as their marginal costs may outweigh marginal benefits. Overall, this study is helpful to the managers and policy makers in deciding the optimal level of IC investments. The advice can also be taken with respect to combinations of elements of IC.

Research paper thumbnail of Portfolio performance implications of investment in renewable energy equities: Green versus gray

Corporate Social Responsibility and Environmental Management, May 21, 2023

Research paper thumbnail of Climate change, natural resources, and economic growth

Research paper thumbnail of Peer-to-peer lending in Malaysia

Routledge eBooks, Oct 13, 2021

Research paper thumbnail of Ripple Effect in Regional Housing and Land Markets in Iran: Implications for Portfolio Diversification

International Journal of Strategic Property Management, Sep 29, 2017

Research paper thumbnail of Does Government Ownership Matter? Comparative Study Between GLCS and NGLCS in Malaysia

The Singapore Economic Review, Jun 1, 2015

This study investigates whether government participation in firm ownership leads to better firm p... more This study investigates whether government participation in firm ownership leads to better firm performance of publicly listed companies in Malaysia. The sample covers 257 companies listed on the Bursa Malaysia from 1997 to 2009. Multiple regression models with balanced panel data are used to examine the impact of government ownership (GOVN) on firm performance. We find a negative relationship between GOVN and firm performance, a finding that supports the negative public perception of government-linked companies (GLCs) in Malaysia. We conclude that government ownership is not an effective tool for improvement of firm performance in Malaysia.

Research paper thumbnail of Digitalization and Energy Sustainability in ASEAN

Resources Conservation and Recycling, Sep 1, 2022

Research paper thumbnail of Comparison and Correlation of the Malaysian and Chinese Stock Markets

Research paper thumbnail of Do Hedge Fund Indices Add Value?

http://www.eel.my100megs.com/volume-11-number-10.htm

Research paper thumbnail of 1 Market Efficiency of Oil Spot and Futures

The authors are most grateful to the Editor, Beng Wah Ang and anonymous reviewers for substantive... more The authors are most grateful to the Editor, Beng Wah Ang and anonymous reviewers for substantive comments and suggestions. We would like to show our appreciation to Heng Li for his assistance in the

Research paper thumbnail of Analysis of the environmental impacts of the agricultural, industrial, and financial sectors in Malaysia

Energy & Environment

The mounting level of environmental degradation in Malaysia constitutes a grave issue to analysts... more The mounting level of environmental degradation in Malaysia constitutes a grave issue to analysts and policymakers because it has adverse impact on climate change and human lives. This study is motivated by the dearth of a comprehensive research on the environmental impact of sectoral growth. It focuses on sectoral growth because of the need to strike a balance between the economic and environmental impacts of the agricultural, industrial, and financial sectors in Malaysia. Therefore, this study analyses the environmental impacts of the agricultural, industrial, and financial sectors in Malaysia during 1980–2018. It uses ecological footprint and carbon emissions as indicators of environmental degradation to properly capture various aspects of environmental degradation. It employs the Environmental Kuznets Curve (EKC) model and Autoregressive Distributed Lag (ARDL) procedure. This study contributes to the extant literature by showing that the agricultural, industrial, and market-base...

Research paper thumbnail of The Effects of Air Pollution on Tourism in Thailand

Geo Journal of Tourism and Geosites, Jun 28, 2024

Research paper thumbnail of Comparative Analysis of Technological Innovation in Chinese Cities: Pre and Post-Government Green Performance Assessment

Politická ekonomie, Mar 12, 2024

Research paper thumbnail of Technical Contradiction and Commonality

Routledge eBooks, May 23, 2023

Research paper thumbnail of Confucian “Zhongyong”

Routledge eBooks, May 23, 2023

Research paper thumbnail of Dataset for: What are the determinants of Fuel Subsidies in Asia Pacific Economic Cooperation (APEC) Countries?

This dataset is used to investigate the determinants of fuel subsidies in selected Asia Pacific E... more This dataset is used to investigate the determinants of fuel subsidies in selected Asia Pacific Economic Cooperation (APEC) countries from 1991-2018. Our data provide an empirical analysis of the economic and political perspectives of the fuel prices in APEC countries resulting from the elimination of fossil fuel subsidization policy.

Research paper thumbnail of Data for: The Effects of the Global Pandemic on China’s ‘One belt, One Road’ Outward Foreign Direct Investment in the ASEAN Region

This dataset is used to investigate the effects of the global pandemic on China's outward for... more This dataset is used to investigate the effects of the global pandemic on China's outward foreign direct investment (OFDI) in the ASEAN region. The dataset using annual data from 2005-2020 to examine the impact of the global health crisis on China's OFDIs. The data for the year 2020 is a brand new dataset and based on authors' owned computations. The data is collected through the International Monetary Fund's the World Economic Outlook, The International Labour Statistics ILOSTAT, and The World Bank's World Economic Indicators.

Research paper thumbnail of Socially Responsible Investing Funds in Asia Pacific

The term socially responsible investing (SRI) is defined as an investment strategy that provides ... more The term socially responsible investing (SRI) is defined as an investment strategy that provides investors financial gain as well as contributes to society and the environment (Benson et al., 2008). SRI is also defined as an investment that integrates environmental, social and governance issues when forming the investment portfolio (Kiesel et al., 2010). As stated in Hamilton et al. (1993), SRI can be described as ‘doing good while doing well’ because the aim of SRI is to enhance the sustainability level in our surroundings besides providing financial returns to investors. Alternative terms include mission investing, responsible investing, double or triple bottom line investing, ethical investing, sustainable investing or green investing.1 In total, there are four types of SRI portfolios: environmental, religious or ethical, social and corporate governance (Fung et al., 2010). SRI not only uses financial criteria solely to determine which investment to invest in but also takes into account the contribution and impact of that particular investment towards society, environment and people (Ballestero et al., 2011).

Research paper thumbnail of Does electricity drive the development of manufacturing sector in Malaysia?

Frontiers in Energy Research, 2014

Research paper thumbnail of The influence of economic growth, urbanization, trade openness, financial development, and renewable energy on pollution in Europe

Natural Hazards, Jun 14, 2015

Research paper thumbnail of Intellectual Capital and Firm Performance in Malaysia: Exploring the Nonlinearity and Synergy Effects

The Singapore Economic Review, Jun 2, 2023

Inconsistent results of the impacts of intellectual capital (IC) investments on firm performance ... more Inconsistent results of the impacts of intellectual capital (IC) investments on firm performance have raised question regarding the pros and cons of IC investments. However, analyzing the relationship between IC and firm performance from a nonlinear perspective remains under-researched. Hence, this paper aims to examine whether IC investments have a nonlinear relationship with firm performance. This study also examines the interaction effects of IC components on firm performance. We undertake the data that ranges from 2009–2022 on Malaysian public listed firms. The study separates the data into two periods, one without COVID-19 impact (2009–2018) and the other with COVID-19 impact (2019–2022), to examine the potential impact of IC to firm performance with and without the presence of COVID-19 pandemic. The study utilizes panel data regression method to analyze the hypothesized relationships. The results indicate that the relationship between IC components and firm performance is nonlinear when COVID-19 is not present, but this relationship changes in the presence of COVID-19 impact. That is, although continuous IC investments can be a safe investment strategy, their positive impacts on firm performance lose initial strength after a certain critical level of IC investments. Based on the findings, Malaysian public listed firms need to have skilled and intellectual labor force to support the transition from labor intensive industries to knowledge-intensive industries. Moreover, tangible investments play a contributing role in intangible investments. Managers should be careful in investing both physical and financial resources as their marginal costs may outweigh marginal benefits. Overall, this study is helpful to the managers and policy makers in deciding the optimal level of IC investments. The advice can also be taken with respect to combinations of elements of IC.

Research paper thumbnail of Portfolio performance implications of investment in renewable energy equities: Green versus gray

Corporate Social Responsibility and Environmental Management, May 21, 2023

Research paper thumbnail of Climate change, natural resources, and economic growth

Research paper thumbnail of Peer-to-peer lending in Malaysia

Routledge eBooks, Oct 13, 2021

Research paper thumbnail of Ripple Effect in Regional Housing and Land Markets in Iran: Implications for Portfolio Diversification

International Journal of Strategic Property Management, Sep 29, 2017

Research paper thumbnail of Does Government Ownership Matter? Comparative Study Between GLCS and NGLCS in Malaysia

The Singapore Economic Review, Jun 1, 2015

This study investigates whether government participation in firm ownership leads to better firm p... more This study investigates whether government participation in firm ownership leads to better firm performance of publicly listed companies in Malaysia. The sample covers 257 companies listed on the Bursa Malaysia from 1997 to 2009. Multiple regression models with balanced panel data are used to examine the impact of government ownership (GOVN) on firm performance. We find a negative relationship between GOVN and firm performance, a finding that supports the negative public perception of government-linked companies (GLCs) in Malaysia. We conclude that government ownership is not an effective tool for improvement of firm performance in Malaysia.

Research paper thumbnail of Digitalization and Energy Sustainability in ASEAN

Resources Conservation and Recycling, Sep 1, 2022

Research paper thumbnail of Comparison and Correlation of the Malaysian and Chinese Stock Markets

Research paper thumbnail of Do Hedge Fund Indices Add Value?

http://www.eel.my100megs.com/volume-11-number-10.htm

Research paper thumbnail of 1 Market Efficiency of Oil Spot and Futures

The authors are most grateful to the Editor, Beng Wah Ang and anonymous reviewers for substantive... more The authors are most grateful to the Editor, Beng Wah Ang and anonymous reviewers for substantive comments and suggestions. We would like to show our appreciation to Heng Li for his assistance in the

Research paper thumbnail of Analysis of the environmental impacts of the agricultural, industrial, and financial sectors in Malaysia

Energy & Environment

The mounting level of environmental degradation in Malaysia constitutes a grave issue to analysts... more The mounting level of environmental degradation in Malaysia constitutes a grave issue to analysts and policymakers because it has adverse impact on climate change and human lives. This study is motivated by the dearth of a comprehensive research on the environmental impact of sectoral growth. It focuses on sectoral growth because of the need to strike a balance between the economic and environmental impacts of the agricultural, industrial, and financial sectors in Malaysia. Therefore, this study analyses the environmental impacts of the agricultural, industrial, and financial sectors in Malaysia during 1980–2018. It uses ecological footprint and carbon emissions as indicators of environmental degradation to properly capture various aspects of environmental degradation. It employs the Environmental Kuznets Curve (EKC) model and Autoregressive Distributed Lag (ARDL) procedure. This study contributes to the extant literature by showing that the agricultural, industrial, and market-base...