Paul Thambar

Assoc Professor

Accepting PhD Students


Research activity per year

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Personal profile


I am an Associate Professor with the Department of Accounting, Monash Business School and have a broad range of research interests in management accounting and performance measurement specifically in 'alternate organisations' such as cooperatives and mutuals and non-profit organisations.

I am the Director of the Mutual Value Lab established by the Monash Business School to build on our long term research collaboration with the Business Council of Cooperatives and Mutuals (BCCM) and the cooperative and mutuals sector. The Lab builds and extends our research collaboration with BCCM which has resulted in the development of a performance measurement framework, the Mutual Value Measurement (MVM) framework. This framework has now been commercialised with our industry partner, BCCM. The MVM research project budget was $1.1m with $600,000 contributed by BCCM and the cooperative and mutual sector.

I am also working with a food relief non-profit organisation, The One Box, on measuring and reporting of social impact and value.

I have a good scholarly record of peer-reviewed publications in academic journals (Accounting Organisations and Society-AOS, Accounting, Auditing and Accountability Journal-AAAJ) and a number of working papers targeted at top tier journals. I have brought in over A$700,000 research income (ARC Category 3) and have experience in leading research teams comprising senior and early career researchers. I have published my research in practitioner publications and podcasts to make my research insights available to industry practitioners.

I am a passionate and engaged educator and have taught accounting and business units in the Monash MBA, PhD and Honours programs and in postgraduate and undergraduate programs. I have developed new units and cases based on current topics and my research and bring 'industry into the classroom' through the use of business cases, authentic and pragmatic assessments and industry presenters to provide students with an engaging and relevant learning experience. My education practice has been recognised through a Fellow membership with the Higher Education Association (HEA), UK and a global teaching excellence award (CIMA, UK).

Prior to joining Monash in Feb 2016, I was at UTS Business School from 2010 to 2015. 

Prior to academic appointments, I worked in industry in senior accounting and strategy roles in banking, insurance and health and aged care and in strategy consulting.

I completed a PhD in Accounting in 2015 at UTS. My thesis topic was examining the role of management control systems and practices in enabling strategy formation at the inter-firm level.

I am a Fellow member (FCMA) of the Chartered Institute of Management Accountants, UK and hold the CGMA designation. I am also an Academic member of the Chartered Accountants, Australia and New Zealand.



Research interests

management accounting, performance measurement, management control systems and practices, accountability

organisational theories- institutional theory, institutional logics, sensemaking, resource dependence, paradox theory

Qualititative research including case studies, vignettes, interviews and observations

Field settings include non-governmental organisations, cooperative and mutual enterprises and inter-organisational relationships

Monash teaching commitment

BEX 6200 Advanced methods in qualitative research

BEX 2000 Digital technology and business

ACF 5350 Applied Contemporary Accounting

ACF5510 Integrated Accounting

ACX4090 Issues in Management Accounting (Honours)


Community service

Regional Board Chair and member, CIMA (2007-2012)



Able to supervise PhD students in topics related to management accounting, performance measurement, management control systems and practices

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):

  • SDG 1 - No Poverty
  • SDG 2 - Zero Hunger
  • SDG 8 - Decent Work and Economic Growth

Research area keywords

  • Management Accounting
  • Strategy
  • Performance Management
  • Management Control Systems

Collaborations and top research areas from the last five years

Recent external collaboration on country/territory level. Dive into details by clicking on the dots or