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Dr Jeremy Eng-Tuck CHEAH

Associate Professor

Nottingham Business School

Staff Group(s)
Department of Accounting and Finance

Role

Jeremy Cheah is an Associate Professor of Decentralised Finance at Nottingham Business School (NBS) and Visiting Research Fellow at the Centre for Digital Finance in the University of Southampton. In August 2021, he was chosen to participate in the 2021/22 inaugural Vice-Chancellor's Future Research Leaders programme after a highly competitive University-wide selection process. He is also appointed as an inaugural member of the British Academy of Management Peer Review College for 3 years from January 2022.

He is the Accounting and Finance Representative for REF2021 Outputs Team where he takes the lead coordination role for outputs published for REF2021 submission on behalf of the Accounting and Finance Department. As a member of the Research Strategy Group, he reports to the Associate Dean for Research of the Business School and sits as a member of the NBS School Research Degrees Committee (SRDC). Jeremy is also a line manager to four Lecturers/Senior Lecturers (including an Early Career Researcher). In addition, he provides support to the Accounting and Finance Head of Department by managing the day-to-day line management duties and responsibilities such as setting appraisal objectives, appraising staff, and observing colleague’s teaching. Furthermore, he coordinates the purchase of a financial database for the Accounting and Finance Department, assists in the recruitment of new staff, and mentors early career researchers. He is also an advisor to a staff member for the Postgraduate Certificate in Academic Practice (PGCAP) qualification for the Department.

As a co-module leader to the taught postgraduate Research Methods module, he has also taught on the taught postgraduate Corporate Finance module. He is now the module leader for the taught postgraduate modules for Corporate Restructuring and Valuation of Investment Products. He also teaches on the taught postgraduate Principles of Financial Technology module. He remains as one of the academic tutors for the Transformation Leadership and Development, Consultancy Project and supervisor to postgraduate and undergraduate Business Research Project modules. Jeremy is an experienced teacher with over 20 years of teaching experience using the Inverse Research Questions Pyramid to help taught postgraduate students identify and construct research questions for their dissertation projects. He was also one of the nominees for the Most Engaging Lecturer Award by the University of Southampton Students' Union in 2019.

Career overview

He joined NBS in August 2019 after spending almost three years at the Southampton Business School of the University of Southampton as Associate Professor of Finance. Before joining SBS, he had a short stint working at Sheffield Business School at Sheffield Hallam University (2016) as Reader in Finance.

He also held various appointments including Lecturer in Finance at Sheffield University Management School, University of Sheffield (2011 to 2016) and Assistant Professor of Financial Markets at Nottingham University Business School, University of Nottingham Malaysia Campus (2003 to 2008). He began his academic career in 1999 as a lecturer in various appointments in leading public and private universities, university colleges and colleges in Malaysia and has since also held visiting teaching appointments in Bulgaria, Greece, and Singapore.

He is also a Fellow of Advance HE (FHEA) since 2018. He completed his PhD research work in about 2 years and 5 months and was awarded his PhD in May 2011 by the University of Southampton (full scholarship with full fee waiver and monthly stipend). He published two papers while working on his PhD (British Journal of Management, ABS 2018-4* - paper accepted after 1st round of review; Applied Economics, ABS 2018-2*- paper accepted after reducing the length but no other changes required).

Research areas

Jeremy has particular interests in financial markets especially concerning digital finance and investment, decentralised finance, and financial technology. In the past, he has published in the areas of corporate social responsibility and socially responsible investing and he continues to publish in those areas. His publications have been included in regular as well as special issues in the European Journal of Operational Research (ABS 2018-4*), Human Resource Management USA (ABS 2018-4*; FT50), British Journal of Management (ABS 2018-4*), Economics Letters (ABS 2018-3*), Cambridge Journal of Economics (ABS 2018-3*), International Review of Financial Analysis (ABS 2018-3*), Annals of Operations Research (ABS 2018-3*), Studies in Higher Education (ABS 2018-3*), European Journal of Finance (ABS 2018-3*) and Journal of Business Ethics (ABS 2018-3*; FT50) amongst others.

External activity

Jeremy has brought in over £650,000 worth of internal and external grant funding, various types of sponsorships and awards. In particular, he was a recipient of the ESRC Impact Acceleration Award worth £260,000 in 2018. He was also successful in securing an ESRC SCDTP funding for a post-doctoral fellow position and an ESRC SCDTP PhD Scholarship funding both totalling up to about £200,000 in 2019.

He also secured a JPA PhD scholarship from the Malaysian government to supervise a PhD student worth up to £180,000 in 2018. He also held further grants from ESRC training bursary, Santander Research Mobility Award and others amounting to about £10,000.

In addition, Jeremy has won numerous awards including an award to study a Summer School module (Forecasting Financial Markets) at the London School of Economics and Political Science (LSE) in 2006. He secured eight corporate sponsorships to attend seminars held by Harvard Business School and John F. Kennedy School of Government, Harvard University faculty members from 2003 to 2008.

He has also a considerable amount of experience providing consultancy to both public and private organisations, including Birmingham City Council in the UK and Securities Commissions Malaysia.

He has also been invited to the prestigious 22nd Conference of the International Federation of Operational Research Societies (IFORS) to be held in June 2021 in Korea as Chair of the Cryptocurrencies, Blockchain and Risk Management in Financial Technology stream.

He also sat on the Editorial Board of Heliyon in 2018-2019 and has acted as an ad-hoc grant application reviewer for Danish Council for Independent Research and Czech Science Foundation.

He was also an international external assessor for promotion to the rank of Associate Professor for Florida Atlantic University (USA) and Massey University (NZ).

He is also the founder and main organiser of the highly successful Centre for Finance, Technology and Society annual conference:

Contemporary Issues in Financial Markets and Banking

  • Conference keynote speakers included: Professor Brian Lucey (Trinity College Dublin, Editor of International Review of Financial Analysis, ABS3*; 2023); Professor Dimitri Vayanos (LSE, Past Managing Editor of Review of Economic Studies, ABS 2018-4*; 2024); Professor Cheng-Few Lee (Rutgers University, Editor of Review of Quantitative Finance and Accounting, ABS 2018-3*; 2024); Professor Douglas Cumming (Florida Atlantic University, Past Editor of Journal of Corporate Finance, ABS 2018-4*; 2023 and 2024); Associate Professor Sofia Johan (Florida Atlantic University, Associate Editor of British Journal of Management, ABS 2018-4*; 2023); Professor Michael S. Pagano (Villanova University, Co-Editor of The Financial Review, ABS 2018-3*; 2024); Associate Professor Tina Yang (University of South Florida, Co-Editor of The Financial Review, ABS 2018-3*; 2024); Associate Professor Muhammad Ali Nassir (University of Leeds, Associate Editor of Journal of Environmental Management, ABS 2018-3*; 2024)
  • Papers submitted to the conference included submissions  from Columbia University, Imperial College, London Business School, Pennsylvania State University, Bank of International Settlement, Central Bank of Chile, McGill University, University of Turin, University of Texas (Rio Grande Valley), Laval University, The Hong Kong University of Science and Technology, Hong Kong Baptist University, Hiroshima University, KU Leuven, University of Florida, Bar Ilan University, University of West Attica, Boston College, Indian Institute of Management (Shilong), Warsaw School of Economics, Polish Academy of Sciences, Yeshiva University, Macquarie University, Universiti Sains Malaysia, Soochow University, various UK universities (Nottingham Trent, Leeds, Southampton, Reading, London South Bank, Cranfield, Roehampton, etc.)
  • Special Issues/Sections/Collaborations linked to the conference: The Financial Review (ABS 2018-3*) and International Journal of Finance and Economics (ABS 2018-3*)

Publications

A selection of his work has been awarded as best papers. For example, his paper on the negative bubble and cryptocurrency is the winner of the 2019 Tom Fetherstone Best Paper published in International Review of Financial Analysis (ABS 2018-3*). The award included a USD1,000 cash and certificate. His other best papers were published in Total Quality Management and Business Excellence journal (ABS 2018-2*) in 2005 and 2006. Furthermore, his papers on speculative bubbles, negative bubbles and long memory of cryptocurrencies have been listed as most downloaded and cited papers for a combined total of over 250 weeks continuously and have recorded a combined average of over 200 citations per year.

Selected Publications

Cheah, E.T., Tsiligkiris, V., Nguyen, T.N. and Nagirikandalage, P. (2023). 'Does Vice Chancellor power determine UK university efficiency performance?' Studies in Higher Education (forthcoming)(ABS 2018-3*) - from submission to acceptance in 8 weeks.

Cheah, E.T., Dao, T. and Su, H. (2023) 'Measuring cryptocurrency moment convergence using distance analysis', Annals of Operations Research (forthcoming) (ABS 2018-3*) - accepted with 1 round of revision.

Cheah, E.T., Luo, D., Zhang, Z. and Sung, M. (2022) 'Predictability of Bitcoin Returns', European Journal of Finance, vol. 22, iss. 1, pp. 66 - 85. (ABS 2018-3*).

Sung, M.-C., Mcdonald, D.C.J., Johnson, J., Tai, C.C. and Cheah, E.T. (2019) 'Improving Prediction Market Forecasts by Detecting and Correcting Possible Over-reaction to Price Movements', European Journal of Operational Research, vol. 272, no. 1, pp. 389-405. (ABS 2018-4*).

Cheah, E.T., Mishra, T., Parhi, M. and Zhang, Z. (2018) 'Long Memory Interdependency and Inefficiency in Bitcoin Markets', Economics Letters, vol. 167, pp. 18-25. (ABS 2018-3*) - accepted with 1 round of revision.

Fry, J.M. and Cheah, E.T. (2016) ‘Negative Bubbles and Shocks in Cryptocurrency Markets’, International Review of Financial Analysis, vol. 47, pp. 343-352. (ABS 2018-3*) - won Tom Fetherstone Best Paper Award with certificate and prize money accepted with 1 round of revision.

Wood, G., Yin, S., Mazouz, K. and Cheah, E.T. (2016) 'Foreign Direct Investment and Employment Rights in South-Eastern Europe', Cambridge Journal of Economics, vol. 40, iss. 1, pp. 141-163. (ABS 2018-3*).

Cheah, E.T. and Fry, J.M. (2015) ‘Speculative Bubbles in Bitcoin Markets? An Empirical Investigation into the Fundamental Value of Bitcoin’, Economics Letters, vol. 130, pp. 32-36. (ABS 2018-3*) - accepted with 1 round of revision.

Wood, G., Yin, S., Mazouz, K. and Cheah, E.T. (2014) ‘Foreign Direct Investment from Emerging Markets to Africa: The HRM Context’, Human Resource Management (USA), vol. 53, no. 1, pp. 179-201. (ABS 2018-4*; FT50).

Cheah, E.T., D. Jamali, Johnson, J.E.V. and Sung, M.-C. (2011) ‘Drivers of Corporate Social Responsibility Attitudes: The Demography of Socially Responsible Investors’, British Journal of Management, vol. 22, no. 2, pp. 305-323. (ABS 2018-4*) - accepted with 1 round of minor revision.

Cheah, E.T., Chan, W.L. and Chieng, C.L.L. (2007) ‘The Corporate Social Responsibility of Pharmaceutical Product Recalls: An Empirical Examination of U.S. and U.K. Markets’, Journal of Business Ethics, vol. 76, pp. 427-449. (ABS 2018-3*; FT50) - accepted without revision

Chan, W.L., Cheah, E.T. and Montanheiro, L. (2016). CSR and pharmaceutical industry In A. Ortenblad (Ed.), Research Handbook on Corporate Social Responsibility in Context, Edward Elgar.

He is also an active ad-hoc reviewer and has been invited to review for a number of internationally well-ranked and reputable journals such as:

  • British Journal of Management (ABS 2018-4*)
  • Human Resource Management USA (ABS 2018-4*)
  • European Journal of Operational Research (ABS 2018-4*)
  • Economics Letters (ABS 2018-3*)
  • European Management Review (ABS 2018-3*)
  • European Journal of Finance (ABS 2018-3*)
  • International Business Review (ABS 2018-3*)
  • International Review of Financial Analysis (ABS 2018-3*)
  • International Journal of Finance and Economics (ABS 2018-3*)
  • Journal of Banking and Finance (ABS 2018-3*)
  • Journal of Business Research (ABS 2018-3*)
  • Journal of Business Ethics (ABS 2018-3*)
  • Journal of Financial Stability (ABS 2018-3*)
  • Journal of International Markets, Institutions and Money (ABS 2018-3*)
  • Physica A (ABS 2018-2*)
  • Research in International Business and Finance (ABS 2018-2*)
  • North American Journal of Economics and Finance (ABS 2018-2*)
  • Economic Modelling (ABS 2018-2*)
  • Review of Financial Economics (ABS 2018-2*)
  • Applied Economics (ABS 2018-2*)
  • Applied Financial Economics (ABS 2018-2*)
  • Journal of Multinational Financial Management (ABS 2018-2*)
  • International Review of Economics and Finance (ABS 2018 - 2*)
  • Management Research Review (ABS 2018-1*)
  • PLOS One
  • Decisions in Economics and Finance
  • Economia Politica
  • Sage Open
  • Financial Innovation
  • Emerging Markets and Trade
  • Singapore Economic Review
  • Journal of Accounting in Emerging Economies

See all of Dr Jeremy Eng-Tuck Cheah's publications...

Press expertise

Decentralised Finance, Bitcoin, Cryptocurrency, Crypto-Finance, Digital Finance, Digital Investment, Financial Technology, Financial Markets

Some of his views on cryptocurrency have been covered by national and regional media and leading websites. For example, his expert views have been published by:

Some of these articles were republished in Indonesian and Chinese languages.

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