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Felicia Chong

Felicia Chong, BA, MBA, CEMF, PhD

Limited Term Appointment (LTA)

School of Business

Abbotsford campus, C2408

Phone: 604-504-7441 ext. 4451

email Felicia


Dr. Felicia Chong H.L.. career and academics have been in Malaysia before she moved to Canada with her family. Felicia grew up in a land rich with cultural diversity and languages. That has given her an edge to blend and feel comfortable with the differences of those around her.

Felicia obtained her Doctoral Degree from the University of Malaya (ranked 1st locally and 65th on QS World Universities Ranking in 2022). Her Ph.D. in Banking and Finance has led her to investigate the structural differences in microfinance, specifically micro-lending and -borrowing landscapes of emerging financial markets. Felicia has continued her research in microfinance, blockchain finance, economics, and banking. Currently, Felicia is working on topics on microcredits and trust management with blockchain and fintech. Besides research and publications, Felicia is exploring immersive teaching and learning through virtual reality for subjects in finance. She is interested in developing new experiential learning through visualisation, direct experience, and better focus within the interactive learning sphere.

Felicia has attended and presented at more than 20 international business conferences on banking and finance. She has also delivered a keynote speech on “The Benefits of Collaboration Among Different Disciplines in Promoting Research and Development in Emerging Markets” at the Innovation Challenges in Multidisciplinary Research & Practice Conference in Singapore in 2016. During the same year, she attended the Ph.D. Colloquia in Kazakhstan as a moderator.

Felicia’s favourite pastime is getting a good spot at the library and hunting down books for a satisfying read or research inspiration for the day. Felicia also enjoys cooking; her kitchen menus are full of Asian recipes. She also loves making cakes, though she is still a beginner at baking. Felicia is passionate about what she does in teaching and research.

Felicia’s greatest inspiration is her student’s success and their ambitions. She could never agree more with Einstein, who once said: “It is the supreme art of the teacher to awaken joy in creative expression and knowledge” That is the joy that keeps her going in times of desperation.


Schinckus C., Nguyen, C. P., and Chong F. H. L. (2022). “Between Economics and Algorithmic Dynamics of Crypto-currencies: An Exploratory Analysis" (with Nguyen C. and Chong F.H.L.), International Journal of Finance and Economics. Forthcoming.

Schinckus, C., Nguyen, C.P. and Chong, F.H.L. (2022), "Cryptocurrencies’ hashrate and electricity consumption: evidence from mining activities", Studies in Economics and Finance, Vol. 39 No. 3, pp. 524-546.

Nguyen, C. P., Schinckus, C., Thanh, S. D., & Chong, F. H. L. (2021a). “Institutional quality and risk in the banking system”. Journal of Economics, Finance and Administrative Science, 25(51), 22-40. doi:10.1108/JEFAS-01-2020-0012.

Nguyen, C. P., Schinckus, C., Su, T. D., & Chong, F. H. L. (2022). “The energy consumption: the global contributions from financial development and institutions”. Environmental Science and Pollution Research, 29(13), 18721-18740.

Schinckus, C., Nguyen, C. P., & Chong, F. H. L. (2021). “Are bitcoin and ether affected by strictly anonymous crypto-currencies? An exploratory study”. Economics, Management and Financial Markets, 16(4), 9-27. doi:10.22381/emfm164202.1

Nguyen, C. P., Schinckus, C., Thanh, S. D., & Chong, F. H. L. (2021b). “The determinants of the energy consumption: A shadow economy-based perspective”. Energy, 225. doi:10.1016/

Chong, F. H. L. (2021). “Enhancing trust through digital Islamic finance and blockchain technology”. Qualitative Research in Financial Markets, 13(3), 328-341.

Nguyen, C. P., Schinckus, C., Su, T. D., & Chong, F. H. L. (2021). “The influence of tourism on income inequality”. Journal of Travel Research, 60(7), 1426-1444.
Canh, N. P., Schinckus, C., Su, T. D., & Chong, F. H. L. (2021). “Institutional quality and risk in the banking system”. Journal of Economics, Finance and Administrative Science.

Nguyen, C. P., Schinckus, C., Thanh, S. D., & Chong, F. H. L. (2020). “Institutions, economic openness and credit cycles: An international evidence”. Journal of International Studies, 13(4), 229-247.

Schinckus, C., Nguyen, C. P., & Ling, F. C. H. (2020). “Crypto-currencies Trading and Energy Consumption”. International Journal of Energy Economics and Policy, 10(3), 355-364.

Nguyen, C. P., Schinckus, C., Su, T. D., & Hui Ling, F. C. (2020). “Tackling fiscal deficits: The role of control of corruption in Asia Pacific countries”. Review of Development Finance, 10(1), 43-55.

Canh, N. P., Schinckus, C., Thanh, S. D., & Ling, F. C. H. (2020). “Effects of the internet, mobile, and land phones on income inequality and The Kuznets curve: Cross country analysis”. Telecommunications Policy, 44(10), 102041.

Nguyen, C. P., Schinckus, C., Su, T. D., & Chong, F. H. (2020). “Determinants of stock market returns in emerging markets: The linkage between institutional quality and macro liquidity”. International Journal of Finance & Economics.

Ling, F. C. H., & Muhamad, R. (2019). “Pareto lévy in Islamic stock markets: a research agenda for Islamic finance”. International Journal of Engineering and Technology, 8(2), 275-278.

Nguyen, C. P., Schinckus, C., Su, T. D., & Chong, F. (2018). “Institutions, inward foreign direct investment, trade openness and credit level in emerging market economies”. Review of development finance, 8(2), 75-88.

Ma, L., Ausloos, M., Schinckus, C., & Chong, H. F. (2018). “Fundamental Analysis in China: An Empirical Study of the Relationship between Financial Ratios and Stock Prices”. Theoretical Economics Letters, 8(15), 3411.

Son, V. N., Schinckus, C., & Chong, F. (2017). “A post-Marxist approach in development finance: PMF or production mutualisation fund model applied to agriculture”. Research in International Business and Finance, 40, 94-104.

Jam, F. A., Donia, M. B., Raja, U., & Ling, C. H. (2017). “A time-lagged study on the moderating role of overall satisfaction in perceived politics: Job outcomes relationships”. Journal of Management & Organization, 23(3), 321-336.

Ling, C. H., Ahmed, K., Muhamad, R., Shahbaz, M., & Loganathan, N. (2017). “Testing the social cost of rapid economic development in Malaysia: the effect of trade on life expectancy”. Social Indicators Research, 130(3), 1005-1023.

Ling, C.H. & Muhamad, Rusnah & Ghani, A.M. & Ramasamy, Ravindran. (2016). “An Islamic bank multi-objective balance sheet management model”. 14. 885-913.

Ling, C. & Muhammad, R. & Ghani, M.A.. (2016). “Economic Value Added model for the Islamic bank investors”. 14. 915-938.

Ling, C. H., Ahmed, K., Binti Muhamad, R., & Shahbaz, M. (2015). “Decomposing the trade-environment nexus for Malaysia: what do the technique, scale, composition, and comparative advantage effect indicate?”. Environmental Science and Pollution Research, 22(24), 20131-20142.

Shahbaz, M., Nasreen, S., Ling, C. H., & Sbia, R. (2014). “Causality between trade openness and energy consumption: What causes what in high, middle and low income countries”. Energy policy, 70, 126-143.

Ling, F. C. H., Yat, D. N. C., & binti Muhamad, R. (2014). “An Empirical Re-Investigation on the ‘Buy-and-hold Strategy’ in Four Asian Markets: A 20 Years’ Study”. World Applied Sciences Journal, 30, 226-237.'Buy-and-hold_Strategy'in_Four_Asian_Markets_A_20_Years'_Study/links/0deec53c77a7a8b386000000/An-Empirical-Re-Investigation-on-the-Buy-and-hold-Strategyin-Four-Asian-Markets-A-20-Years-Study.pdf

David, N. C. Y., Lim, B. K., & Chong, H. L. (2011). “Sectoral analysis of calendar effects in Malaysia: Post financial crisis (1998-2008)”. African Journal of Business Management, 5(14), 5600-5611.

Lim, B. K., David, N. C. Y., & Chong, H. L. (2010). “Month-of-the-year effects in Asian countries: A 20-year study (1990-2009)”. African Journal of Business Management, 4(7), 1351-1362.

Chong F.H.L. (2020, April 16). An epidemic for Malaysia’s economy. Https:// Retrieved July 29, 2020, from


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