Postgraduate Supervision

I welcome inquiries from prospective postgraduate students. My own PhD research focuses on stock market efficiency, and have been working on the topic for a decade. I also publish on stock liquidity, corporate ownership, stock volatility, institutional quality and financial liberalization.

Any interested students can contact me to discuss your ideas, preferably with a well-prepared research proposal.

Doctor of Philosophy (PhD)


Chia Yee Ee (UM, Sept 2015−May 2020)

Title:  Stock Liquidity of Malaysian Public Listed Firms

Supervisors: Dr. Kian-Ping Lim* and Prof. Dr. Kim-Leng Goh


Yee-Ee’s PhD advocates Closing Percent Quoted Spread (CPQS) as the main liquidity measure for Malaysian public listed firms. Her thesis places CPQS as dependent and independent variables. In the first case, she determines the explanatory power of a new variable- the number of shareholders. As an independent variable, her research explores the effect of liquidity on firm value.

Liquidity and firm value in an emerging market: Nonlinearity, political connections and corporate ownership

Journal Article
Yee-Ee Chia, Kian-Ping Lim and Kim-Leng Goh
North American Journal of Economics and Finance, Elsevier, 52, article no. 101169
Publication year: 2020

More Shareholders, Higher Liquidity? Evidence from an Emerging Stock Market

Journal Article
Yee-Ee Chia, Kian-Ping Lim and Kim-Leng Goh
Emerging Markets Review, in press
Publication year: 2020

Liew Ping Xin (Sept 2016−, In Progress)

Title:  Aggregate Stock Liquidity of Bursa Malaysia

Supervisors: Dr. Kian-Ping Lim* and Prof. Dr. Kim-Leng Goh


Ping-Xin’s PhD advocates market-level aggregate liquidity measures for the Malaysian stock market by aggregating firm-level  Closing Percent Quoted Spread (CPQS) estimates at different data frequencies. Her thesis derives policy insights from the constructed aggregate market liquidity by addressing issues on foreign portfolio flows, proprietary day trading and cross-markets liquidity connectedness.

Foreign equity flows: Boon or bane to the liquidity of Malaysian stock market

Journal Article
Ping-Xin Liew, Kian-Ping Lim and Kim-Leng Goh
North American Journal of Economics and Finance, Elsevier, 45, 161-181
Publication year: 2018

Does proprietary day trading provide liquidity at a cost to investors?

Journal Article
Ping-Xin Liew, Kian-Ping Lim and Kim-Leng Goh
International Review of Financial Analysis, Elsevier, 68, article no. 101455
Publication year: 2020

Master Degree

  • 2011−2014 Completed

    Thian Tze Chung

    Foreign Ownership and the Liquidity of Malaysian Stocks, Master of Finance, Universiti Malaysia Sabah (Supervisors: Dr. Kian-Ping Lim* and Mr. Tai-Hu Ling)

  • 2011−2014 Completed

    Cheah Wai Loon

    Institutional Quality and Priviate Capital Flows, Master of Finance, Universiti Malaysia Sabah (Supervisors: Dr. Kian-Ping Lim* and Mr. Tai-Hu Ling)

  • 2011−2012 Completed

    Chang Kwok Boon

    Foreign Ownership and the Informational Efficiency of Malaysian Stocks, Master of Finance, Universiti Malaysia Sabah (Supervisors: Dr. Kian-Ping Lim* and Mr. Tai-Hu Ling)

(L to R) Thian, KP, Chang, Cheah & Ling
  • 2015 Completed

    Cho Mah Vin

    Stock Preferences of Foreign Investors in Malaysian Public Listed Firms, Master of Economics, Universiti Malaya (Supervisor: Dr. Kian-Ping Lim)

  • 2015 Completed

    Liew Ping Xin

    An Empirical Analysis of the Liquidity of the Malaysian Stock Market, Master of Economics, Universiti Malaya (Supervisor: Dr. Kian-Ping Lim)

  • 2015 Completed

    Loh Mun Seong

    Malaysian Monetary Policy and Macroeconomic Dynamics, Master of Economics, Universiti Malaya (Supervisors: Dr. Wee-Yeap Lau* and Dr. Kian-Ping Lim)

Master of Finance

Readings

A PhD Thesis without Tears

It's a PhD, not a Nobel Prize

Being a good course‐taker is not enough

Examiner comment on the literature review in Ph.D. theses