Projects per year
Personal profile
Biography
Karren Khaw is an Associate Professor and Head of the Department of Finance at the School of Business, Monash University Malaysia. She holds a doctoral degree from Massey University, New Zealand, fully sponsored by the Ministry of Higher Education Malaysia. She has previously worked with the University of Waikato, based at its joint institute (NZUWI) in Hangzhou, China, and the University of Malaya and Universiti Utara Malaysia.
Her research interests lie in corporate finance, focusing primarily on corporate risk-taking, corporate governance, corporate policies, debt financing structures, investment efficiency, and multinational corporations. She has also ventured into ESG and sustainable finance. Her notable research outputs are published in the Journal of Corporate Finance, Journal of Banking and Finance, Finance Research Letters, Emerging Markets Review, Pacific-Basin Finance Journal, and Journal of Economic Surveys.
She actively contributes her expertise as a journal subject editor and reviewer. For research grants, she has completed six grants (four as principal investigator and two as co-investigator). She is leading two ongoing grants related to sustainable growth among Malaysian SMEs and sustainable finance.
Karren has taught various finance courses at the undergraduate and postgraduate levels, such as Cases in Finance, Corporate Finance, Entrepreneurial Finance, Investment Analysis, International Financial Management, Fixed Income Markets and Instruments, and Managerial Finance. At Monash, she is assigned to teach credit analysis and lending. Consistently, she received positive feedback on her teaching approaches. She was awarded a Purple Letter and Blue Letter for teaching excellence and an ESSFS award for the extra-large class category, both in 2023, along with an NZUWI teaching award in 2022 and an Excellent Service Award in 2016.
In terms of supervision, she has successfully supervised four doctoral students and eight master's students to completion. Additionally, she has experience holding administrative positions at the school and national levels. Nationally, she has served as the Assistant Secretary (2018/2019), Honorary Secretary (2019/2021), and Exco (2023/2025) of the Malaysian Finance Association. Karren is also actively engaged in sustainability-related activities.
Research interests
- Corporate risk-taking
- Corporate governance
- CSR, ESG
- Debt financing
- Institutional investors
- Multinational corporations
- Sustainable finance
Expertise related to UN Sustainable Development Goals
In 2015, UN member states agreed to 17 global Sustainable Development Goals (SDGs) to end poverty, protect the planet and ensure prosperity for all. This person’s work contributes towards the following SDG(s):
External positions
Executive Committee (Exco), Persatuan Kewangan Malaysia (Malaysian Finance Association)
20 Oct 2023 → …
Research area keywords
- Corporate risk-taking
- Corporate governance
- CSR, ESG
- Debt financing
- Multinational corporations
- Agency Problems I and II
- Stakeholder Theory
Collaborations and top research areas from the last five years
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Developing a Sustainable Finance Framework for Small and Medium Enterprises (SMEs)
Khaw, K., Eu Gene, S., Avvari, V. M., Sara, S., Guglyuvatyy, E. & Zainudin, R.
1/08/24 → 31/07/26
Project: Research
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Enhancing Sustainable Growth Among Malaysian SMEs
Khaw, K., Avvari, V. M., Seera, M. S., Guglyuvatyy, E. & Chang, L. H.
1/12/23 → 31/03/25
Project: Research
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MY CFO CAP: Malaysia CFO Collective Action Program
nasir, N., Rassiah, P., Subramaniam, R., Khaw, K., Arnold Perangin Angin, Y. & Avvari, V. M.
1/05/23 → 31/03/24
Project: Research
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Does the Sharia-compliant status removal announcement matter? liquidity, trading activities and institutional investors
Zainudin, R. & Khaw, K. L-H., 2024, In: Asian Academy of Management Journal of Accounting and Finance. 20, 1, p. 237-271 35 p.Research output: Contribution to journal › Article › Research › peer-review
Open AccessFile -
Impact of geopolitical risk on target debt ratio
Shrestha, K., Philip, S. S. S. & Khaw, K. L-H., Feb 2024, In: Finance Research Letters. 60, 11 p., 104964.Research output: Contribution to journal › Article › Research › peer-review
Open AccessFile2 Citations (Scopus) -
Leadership in Action: Sustainable Finance Case Studies
Nasir, N. M., Rassiah, P., Subramaniam, R., Khaw, K., Peranginangin, Y. A. P. & Avvari, V. M., 2024, Malaysia: Malaysian Sustainable Finance Institute. 22 p.Research output: Book/Report › Commissioned Report › Other
Open Access -
Equity pledge, pledgor type and investment efficiency
Khaw, K. L-H., Chen, J., Gulzar, M. A. & Tajuddin, A. H., 16 May 2023, In: Applied Finance Letters. 12, 1, p. 22-32 11 p.Research output: Contribution to journal › Article › Research › peer-review
Open AccessFile -
Shariah-compliant firms and earnings management: do continuation and ethnicity matter?
Khaw, K. L. H., Al-Jaifi, H. A. A. & Zainudin, R., Dec 2023, (Accepted/In press) In: Journal of Islamic Accounting and Business Research. 28 p.Research output: Contribution to journal › Article › Research › peer-review
1 Citation (Scopus)
Activities
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Studies in Economics and Finance (Journal)
Karren Khaw (Peer reviewer)
Sept 2024 → Nov 2024Activity: Publication peer-review and editorial work types › Peer review responsibility
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Singapore Economic Review (Journal)
Karren Khaw (Peer reviewer)
Jun 2024Activity: Publication peer-review and editorial work types › Peer review responsibility
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Doctor of Philosophy Thesis Examination
Karren Khaw (Examiner)
Apr 2024 → Jun 2024Activity: Examination types › Thesis Examination
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14th Financial Markets and Corporate Governance Conference 2024
Karren Khaw (Session chair)
2 Apr 2024 → 4 Apr 2024Activity: Participating in or organising an event types › Contribution to conference
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MCCC ESG SEMINAR - “Essential of Environmental, Social and Governance (ESG) Practices for Modern Businesses”
Karren Khaw (Keynote/plenary speaker)
8 Mar 2024Activity: Participating in or organising an event types › Contribution to workshop, seminar, course