Professor Paul

Professor Paul Mather

Professor of Accounting and Corporate Governance

College of Arts, Social Sciences and Commerce

La Trobe Business School

Department of Accounting and Data Analytics

MARB 310D , Melbourne (Bundoora)


MA (Lancaster), PhD (Monash), FCPA, FCA (England & Wales)



Membership of professional associations

FCPA, FCA (England & Wales), MAICD

Area of study


Brief profile

Paul Mather is a Professor of Accounting and Corporate Governane at La Trobe University in Melbourne, Australia and has previously held leadership roles such as Head of La Trobe Business School (20013-2017) and Department of Accounting (2011-2012) . Prior to joining the school, he was Associate Dean (Research Degrees) in the Faculty of Business and Economics at Monash University, Melbourne. Paul has also held visiting appointments at the London School of Economics and the University of Liverpool Management School. Prior to becoming an academic, he was a senior manager and partner with the Melbourne, Monrovia and London offices of PricewaterhouseCoopers and he has considerable experience in financial investigations, auditing as well as corporate finance advisory services including valuations and due diligence reviews for the purpose of mergers and acquisitions. 

Paul's research interests are in the role of corporate governance in mitigating agency problems, debt contracting processes in particular the role of covenants in debt contracts and the earnings and impression management of financial information and he supervises a number of PhD students researching in these areas. 

He has authored or co-authored papers in refereed journals such as ABACUS, Accounting and Business Research, Accounting, Auditing and Accountability Journal, Accounting and Finance, Australian Accounting Review, Australian Journal of Management, Corporate Governance: An International Review,  Journal of Corporate Finance, Pacific Basin Finance Journal and The British Journal of Management.   He has won best paper awards for papers published in JASSA, the Journal of the Securities Institute of Australia and the Accounting Research Journal and a Dean's Commendation for Teaching Excellence at Monash University. 

Paul is currently a member of CPA Australia's Divisional Council and was previously Deputy Chair of CPA Australia's Victorian Corporate Committee,  a member of  its CPA Congress Task Force for numerous years and has been a member of many other profesional working parties. He is a member of the Australian Institute of Company Directors and is also a Non-Executive Director of the Melbourne Innovation Centre and is a member of an expert panel advising the Institute of Certified Management Accountants in Sri Lanka. Over the years, Paul has also provided regular media commentary on corporate governance matters.

Research interests

Behavioural research in financial accounting and corporate governance

- Please contact me to discuss a topic.

Corporate disclosure; corporate governance, financial accounting; auditing, and accounting policy choice

- Please contact me to discuss a topic.

Teaching units

  • Issues in Financial Accounting

Recent publications

AbuBakar, I., A. Khan, P. Mather and G. Tanewski (2018), “Board Monitoring and Covenant Restrictiveness in Private Debt Contracts during the Global Financial Crisis”, Accounting and Finance, Forthcoming.

Unda, L., Ahmed, K. and P. Mather (2018), "Board Characteristics and Credit-Union Performance", Accounting and Finance, Forthcoming.

Balachandran, B., A. Khan, P. Mather and M. Theobald (2018), “Insider Ownership and Dividend Policy in an Imputation Tax Environment”, Journal of Corporate Finance, Forthcoming.

AbuBakar, I., A. Khan, P. Mather and G. Tanewski (2018), “Corporate Boards and Performance Pricing in Private Debt Contracts”, Pacific Basin Finance Journal, Forthcoming.

Woodhouse, K., P. Mather and D. Ranasinghe, (2017), "Externally Reported Performance Measures and Benchmarks in Australia", Accounting & Finance, Vol. 57, 3, pp.879-905.

Razzaque, R., M.Ali and P.Mather (2016), “Real earnings management in family firms: Evidence from an emerging economy”, Pacific Basin Finance Journal, Vol. 40, pp. 237-250.

Ahmed, K. and P. Mather (2016), “Institutional and legal frameworks, corporate reporting and management performance in emerging markets”, International Journal of Accounting & Information Management, Vol. 24, issue 4, pp.318-320

Bryce, M., J. Ali and P.Mather, (2015), “Accounting quality in the pre/post IFRS adoption and the impact on audit committee effectiveness - evidence from Australia”, Pacific Basin Finance Journal, Vol. 35, pp. 163-181.

Vafeas, A., K. Ahmed and P. Mather (2015), “Female Directors and Financial Performance of the Largest 500 ASX Firms”, Australian Accounting Review, Vol. 25 (4), pp.413-427.

Khan, A., P. Mather and B. Balachandran (2014), “Managerial Share Ownership and Operating Performance: Do Independent and Executive Directors have different Incentives?”, Australian Journal of Management, Vol. 39 (1), pp.47-71.

Day, J., P. Mather and P. Taylor (2014), “The Effect of Corporate Board Characteristics on Loan Monitoring Decisions”, Corporate Ownership and Control, Vol. 11, 2, pp.46-59

Chan, H., R. Faff, A. Khan and P. Mather (2013), “Exploring the Moderating Role of Growth Options on the Relation between Board Characteristics and Management Earnings Forecasts”, Corporate Governance: An International Review, Vol. 21, No. 4, pp.314-333.

Khan, A. and P. Mather (2013), “The Value of Managerial Share Ownership and Discretionary Accruals”, Accounting Research Journal, Vol. 26, No1, pp.35-55.

Note: The above publication won the 2013 Highly Commended Paper Award for a publication in the Accounting Research Journal.

Chan, H., R. Faff, P. Mather and A. Ramsay (2009), “The Relationship between Directors’ Independence, Reputation and Management Earnings Forecasts”, Corporate Ownership and Control, Vol. 6, No. 2, pp.404-419.  

Oei, R, A. Ramsay and P. Mather (2008), “Earnings Persistence, Accruals and Managerial Share Ownership”, Accounting and Finance, Vol. 48, No. 3, pp.475-502.

Mather, P and J. Wong (2007), “Corporate Governance in Australia” in “Readings in Corporate Governance”, Edited by Apreda, R., A. Braendle and A. Kostyuk A.  

Mather, P. and A. Ramsay (2007), “Do Board Characteristics Influence Impression Management through Graph Selectivity around CEO Changes?”, Australian Accounting Review,  Vol. 17, No. 2, pp.84-95.  

Mather, P. and G. Peirson (2006), “Financial Covenants in the Markets for Public and Private Debt”, Accounting & Finance, Vol. 46, No. 2, pp.285-307.  

Mather, P. and A. Ramsay (2006), “The Effects of Board Characteristics on Earnings Management around Australian CEO Changes”, Accounting Research Journal, Vol. 19, No. 2, pp.78-93.

Note:   The above publication won the 2006 Accounting Research Journal best paper award.  

Benkel, M., P. Mather and A Ramsay (2006), “The Association between Corporate Governance and Earnings Management: The Role of Independent Directors” Corporate Ownership and Control, Vol. 3, No. 4. pp.65-75.  

Mather, D., P. Mather and A. Ramsay (2005), “An Investigation into the Measurement of Graph Distortion in Financial Reports”, Accounting and Business Research, Vol. 35, No. 2, pp.147-159.  

Mather, P. (2004), “The Determinants of Financial Covenants in Bank-Loan Contracts”, Journal of International Banking Law and Regulation, Vol. 19, No. 2, pp.33-39.   

Godfrey, J., P. Mather and A. Ramsay (2003), “Earnings and Impressions Management in Financial Reports: The Case of CEO Changes”, Abacus, Vol. 39, No. 1, pp. 95-123.    


Research projects

The impact of corporate governance on debt contracting and, in particular, debt covenant utilisation; The role of company directors; Board diversity; The implications of managerial share ownership; The role of AI on financial decision making;