Dr Chan Ling Foon

Dr Chan Ling Foon

  • Senior Lecturer
  • Programme Leader - Master of Finance
Department of Economics & Finance

Biography

Dr. Chan is a distinguished professional with over 15 years of academic experience and 20 years in industry. He holds a PhD in Finance (2018) and an MBA in Finance (1999) from the prestigious University Putra Malaysia (UPM), as well as a Bachelor of Economics (Honours), majoring in Econometrics (1994), from the University Utara Malaysia (UUM). Complementing his academic credentials, Dr. Chan has also earned a Professional Diploma in Property Surveying (Valuer) from RISM and a Diploma in Real Estate Management from UCSI University.

Currently serving as a senior lecturer and Programme Leader for the Master of Finance in Sunway University, Dr. Chan is actively engaged in impactful research, specializing in economics, finance and ESG. His work has been published in reputable journals such as Gondwana Research, Tourism Planning & Development, Tourism: An International Interdisciplinary Journal, Journal of Environmental Management International, Journal of Tourism Cities, Global Business and Organizational Excellence, Journal of Property Investment & Finance, and International Journal of Economic Research. He has also contributed a book chapter on Emerald Insight.

Before transitioning to academia, Dr. Chan gained over 20 years of comprehensive experience in sales, marketing, and finance across small, medium, and large enterprises. He held key positions in renowned global multinational corporations, including Dell Asia Pacific, where he served as Regional Marketing Manager for South Asia, and Samsung Malaysia Electronics, where he was Country Head of Sales & Marketing for the IT Component Division. Additionally, he led as Head of SME Channel Sales at Trend Micro.

Dr. Chan's professional journey also includes roles with local MNCs such as CNI Corp, where he served as Regional Marketing Manager for the Asia Pacific. His expertise extended to the financial sector, notably with Malaysia Building Society Berhad (under the Ministry of Finance Malaysia), where he held the position of Head of Property Research.

In addition to his corporate roles, Dr. Chan is a licensed remisier with KNN and formerly served as a Fund Manager for Hasco International, an investment house based in Singapore. He is a Certified Financial Planner (CFP) with the Financial Planning Association of Malaysia and a Registered Finance Planner (Shariah) with the Malaysian Financial Planning Council (MFPC). He is also a lifetime member of the Malaysian Economic Association (MEA) and the Malaysian Finance Association (MFA).

Dr. Chan is committed to social responsibility, having been actively involved in Environmental, Social, and Governance (ESG) initiatives with the Malaysian Association of Public Advocacy for Nature (MAPAN) and serving in the Malaysian Armed Forces (ATM) for a decade, retiring with the rank of Lieutenant. His diverse skill set is further reflected in his professional real estate agent license, highlighting his dedication to excellence across multiple fields.

Academic & Professional Qualifications

  • PhD, (Finance), University Putra Malaysia, 2018
  • MBA, University Putra Malaysia, 1999
  • Bachelor of Economics (Honours) (Econometrics) University Utara Malaysia, 1994

Research Interests

  • Corporate Diversification Analysis
  • Risk Management Analysis
  • Capital Markets Structure Analysis
  • Corporate Finance Analysis.
  • Asia Financial Economics
  • Banking and Monetary
  • Islamic Finance

Teaching Areas

  • Finance Related Subjects

Courses Taught

  • Equity Valuation
  • Corporate Finance
  • Principles of Business Finance

Notable Publications

Publications

  1. Green horizons: Overcoming political risks with strategic environmental management and financial innovation
    N Khan, S Karim, LF Chan, L She  
    Journal of Environmental Management 368, 122224, 2024  
    SCOPUS Q1, ABDC: A, ABS: 3, Impact Factor 8.0 and H-index 243
  2. A Systematic Review of Challenges Faced by Micro and Small Enterprises in Tourism Destinations: Producing Solutions through Resilience Building and Sustainable Development
    A Trupp, A Salman, ML Stephenson, LF Chan, JE Gan
    Tourism Planning & Development, 23, 2024 –  
    SCOPUS Q1, ABDC: B, ABS: 2, , Impact Factor 3.4 and H-index 46
  3. Beyond Fear and Safety: Revenge Travel and International Tourists’ Intentions in the Post-Crisis Era
    Alexander Trupp, Ahmad Salman, Marcus L. Stephenson and Ling-Foon Chan
    International Journal of Tourism Cities, 2024 –  
    SCOPUS Q1, ABDC: C, and H-Index 29
  4. Building a culture of innovation: Innovation 360◦
    Calvin W. H. Cheong, Long She, Lan Ma, Sitara Karim, Ling-Foon Chan, et al.
    Global Business and Organizational Excellence (GBOE. 2024;1–19.), 1-19, 2024  -  
    SCOPUS Q1, ABDC: C and H-Index 25
  5. Exploring the dynamics: Biodiversity impacts of natural resource extraction with moderating influence of FinTech for sustainable practices in resource-rich nations
    M Iqbal, N Arshed, LF Chan
    Resources Policy 91, 104933, 2024 –  
    SCOPUS Q1, ABDC: B, ABS: 2 and H-Index 114
  6. Market context matters: the impact of corporate diversification on REIT performance in Malaysia and Singapore
    CWH Cheong, LF Chan
    Journal of Property Investment & Finance 42 (3), 269-291, 2024  
    SCOPUS Q1 ABDC: B and H-Index 42
  7. Tourism in Times of Crisis and Post-Crisis: A Model to Understand Tourists' Post-Pandemic Travel Intentions
    A Salman, A Trupp, LF Chan
    Tourism: An International Interdisciplinary Journal 72 (2), 252-261, 2024  
    SCOPUS Q2 ABDC: B and H-index 30
  8. Role of green technology, environmental taxes, and green energy towards sustainable environment: insights from sovereign Nordic countries by CS-ARDL approach
    A Sharif, MT Kartal, FV Bekun, UK Pata, CL Foon, SK Depren
    Gondwana Research 117, 194-206, 2023  
    SCOPUS Q1 and H-Index 172
  9. Growth Opportunities, Moderator And Corporate Diversification
    C Ling-Foon, AN Bany-Ariffin, AM Nasir.
    International Journal of Economic Research 15 (3), 711-723, 2018
    SCOPUS Q2 and H-Index 23
  10. Corporate Diversification and Key Determinants?
    A Ling-Foon, Chan., Chowdhury, T. H. S., Bany-Ariffin AN and Annual Bin Md ...
    International Journal of Economic Research 14 (12), 243-264., 2017
    SCOPUS Q2 and H-Index 23

 

Book Chapter

  1. Does the method of corporate diversification matter to firm’s performance?
    LF Chan, BA An, ABM Nasir
    Asia-Pacific Contemporary Finance and Development, 207-233, 2019

 

Paper under review

  1. "Post Covid-19 Tourism in Penang Island: Uncovering International Tourists’ Experiences and Opportunities for Destination Enhancement.”
  2. Cheong, C. W. H., Karima, S., Lima, W. M., Chan, L. F., & et al. (2023). The Sustainovation Pathway: A Step-by-Step Guide to Strategic Visioning for Sustainable Business Practices. Journal of Leadership and Organizational Studies.
  3. Karima, S., Cheong, C. W. H., Lima, W. M., Chan, L. F., & et al. (2023). The Sustainability Umbrella: A Framework for Research & Practice. Environmental Science and Pollution Research.

 

Conference Papers

  1. Ling-Foon Chan,  Calvin W.H. Cheong, Bany-Ariffin AN, (2022) Corporate Diversification of Real Estate Investment Trusts (REITs) in a Post-Pandemic World: Lessons from Malaysia and Singapore, The 24th Malaysian Finance Association International Conference 2022. (MFAIC2022). 7th – 9th September 2022. Conference. (Best Paper Award 2022)
  2. Ling-Foon Chan, Alexander Trupp and Ahmad Salma (2022) Exploring Holiday Intention and the Hotel Industry's Outlook for the Covid-19 Recovery A Comparative Study of Malaysia and Singapore based on Google Trends Creating Tourism Sustainably in Challenging Times" The 20th Asia-Pacific CHRIE 2022
  3. Ling-Foon Chan, Alexander Trupp and Ahmad Salma (2022) Tourism in Times of Crisis: A Model Linking Revenge Tourism, Destination Safety, and Travel Motivations to understand Tourists' Post Pandemic Travel Intentions
  4. Ling-Foon Chan, Bany Ariffin Bin Amin Noordin and Annual Bin MdNasir. (2019)  Free Cash Flow as a Moderator between Corporate Diversification and Firm's Financial Performance The 21st Malaysian Finance Association Conference 2019 MFRC2019 Sunway University, Business School, Bandar Sunway, Selangor, Malaysia
  5. Young Kyung Ko, Ling-Foon Chan and Susela Dev (2020) The Impact of Political Change on Stock market. The 22nd Malaysian Finance Association International Conference 2020 (MFAIC 2020)

 

Work in progress – Journal Paper

  1. Ling-Foon Chan, Hassanudin Mohd Thas Thaker and Alexander Trup Holiday Intention and Hope Of Recovering In The Hotel Industry After Covid-19 Pandemic In Malaysia And Singapore
  2. Ling-Foon Chan, Analysis of the Risk and Performance of Technology Companies in US during COVID-19.
  3. Wai Kee Ho and Ling-Foon Chan The Impact of Overlapping Directors on Audit Fees
  4. Ling-Foon, Chan and Young Kuung Ko Political Risk on stock markets in Emerging Economy: Evidence from Malaysia.

Achievements & Accolades

Research Grants:

  1. Sunway University Research Cluster Grant Scheme (RCGS) 2022- RM380,000. (successful)
  2. Internal Grant Sunway University: "Enhancing Resilience & Sustainability in Small and Micro Businesses in Wellness Tourism in Malaysia" (successful) RM25,000
  3. UNDP External Grant Submission: "Impact of COVID-19 on MSMEs and Local Communities in Mersing and Manjung Ecotourism Destinations” (results pending) RM100,000
  4. APEC Concept Proposal “Rising to the Challenge: Enhancing competitiveness and resilience of small and medium enterprises in Malaysia’s tourism industry” (results pending). RM50,000
  5. FRGS Projects under review – RM300,000
  6. FRGS project 1 - "The Future of tourism in Malaysia: Exploring Post pandemic travel intentions of Tourists" RM100,000
  7. FRGS Project 2- From crisis to opportunity: Developing strategic ways forward for small and micro businesses in Malaysia's Wellness Tourism Sector. RM100,000
  8. FRGS Project 3-Challenges and opportunities of Tourism Micro entrepreneurs in Malaysia: Digitalisation, global market access and representation in turbulent times. RM100,000 

Others:

2018 - Won Best Paper Award at the Academy for Global Business Advancement Conference for their paper titled: Does Environmental Concern Drive Asian Firms Governance Score?
2011 - Awarded Communication Excellence at “Mastery Level” by Deloitte (top 1 percentile of Deloitte employees)
2005 - Certificate of Distinction for Academic Excellence, J.D. Birla Institute

Professional Associations

  1. Founding member of Malaysian Association of Public Advocacy for Nature MAPAN (FmM)
  2. Exam Review Board Member for Malaysian Insurance Institute (MII).
  3. Examination Board Member for Malaysia Financial Planning Council.
  4. Financial Economics – Structure Finance in MBSB (Financial Institution under Central Bank Malaysia)
  5. Remisier License with KNN previously (Ex-remisier)  
  6. Fund Manager under Hasco International investment house based in Singapore  
  7. Shariah Registered Financial Planner under Malaysia Financial Planning Council (MFPC)