Skip to Content

Philip Sinnadurai

Photo of Philip Sinnadurai
  • Title: Doctor
  • Position: Lecturer - Department of Accounting and Corporate Governance
  • Qualifications: B.Ec. (Hons) Macquarie University, Ph.D. University of Sydney, CPA

Contact Details

Social Media

Areas of Expertise

Research

  • The motivations for and economic consequences of corporate accounting and disclosure policies
  • Determinants and economic consequences of earnings quality and earnings management
  • The processes via which financial and non-financial information is incorporated into the capital market
  • Corporate governance
  • Applying these research paradigms to Malaysia (my country of birth) and other developing countries in Southeast Asia

Teaching

  • Financial accounting, corporate finance and financial statement analysis
  • I am also involved in teaching research fundamentals to Higher Degree by Research students

Profile

Dr Philip Sinnadurai joined Macquarie University in 1993, after completion of the Bachelor of Economics (Honours) program.  In 2004, Philip graduated from the University of Sydney with a doctorate.  His research, conducted using an agency theory lens, may be broadly defined as the capital markets paradigm in financial accounting.  Philip's research investigates corporate governance, earnings quality and disclosure policy.  He is particularly interested in applying this paradigm to his country of birth, Malaysia and other developing countries.  Philip's research is grounded in both corporate finance and financial accounting.

Philip's teaching interests stem from his research interests.  Hence, he teaches both financial accounting and corporate finance.  He particularly enjoys teaching financial statement analysis, at the intersection of these two areas.  He has supervised Honours theses in his areas of interests.  Philip's teaching philosophy is to facilitate students' acceptance of responsibility for their own learning.

Professional Certifications:

  • Certified Practising Accountant (CPA) with CPA Australia

Education

  • Doctor of Philosophy: (University of Sydney)
  • Honours Degree of Bachelor of Economics: Professional accounting (Macquarie University)

Research grants

  • In May 2014, I was awarded a Conference Participation Grant by the Accounting and Finance Association of Australia and New Zealand.  I was awarded AUD1,614, to contribute towards my attendance of the association’s annual conference, held in Auckland, New Zealand, in July 2014.
  • In September 2010, Norashikin Ismail and I were awarded RM40,000 (roughly equivalent to AUD16,000), to work on our paper entitled, "Does Ownership Concentration Type Affect the Mapping of Earnings Quality into Value? Malaysian Evidence".  Our grant was awarded under the Fundamental Research Grant Scheme, administered by the Kementerian Pengajian Tinggi (Higher Education Ministry) of the Malaysian Government.
  • In August 2010, I was awarded a Faculty-funded grant, to pay a Malaysian investment analysis to provide the data needed to compute the dependent variable for Ismail and Sinnadurai (2012).

Current projects

“The Influence of Shareholder Political Connections on Dividend Policy in Malaysia”

This paper has two co-authors: Dr Ravichandran (Ravi) Subramaniam, from the Department of Accounting, Monash University, Malaysia and Professor Dr Susela Devi, from the Sunway University Business School, Malaysia.

We have presented this paper at the following forums: Seminar at the Faculty of Business and Information Technology, UNITAR International University, Petaling Jaya, Malaysia, September, 2014; Conference of the Australia-Asia Research Network, Faculty of Business and Economics, Macquarie University, Australia, October, 2015; Seminar at the Department of Accounting and Finance, Monash University, Sunway, Malaysia, January, 2016; Practitioner-focused seminar at the Malaysian Institute of Corporate Governance, August, 2016; Seminar of the Department of Accounting and Corporate Governance, Macquarie University, September, 2016; Seminar at the Department of Accounting and Finance, Monash University, Sunway, Malaysia, January, 2018.

The paper is currently being considered for publication in Emerging Markets Review.

Shareholder Wealth Impacts of Government Subsidisation – Evidence from Malaysia

This paper has three co-authors: Dr Ravichandran (Ravi) Subramaniam, Professor Dr Susela Devi and Dr Young Kyung Ko.  The third author is from UNITAR International University, Malaysia.

We have presented this paper at the following forums: Seminar of the Department of Accounting and Corporate Governance, Macquarie University, August, 2018; Journal of Contemporary Accounting and Economics conference, special session for Malaysian studies, January, 2019; Seminar at the Department of Accounting and Finance, Monash University, Malaysia, January, 2019 and Seminar at the Sunway University Business School, Malaysia, January, 2019.

We are currently polishing this paper, after consideration of the feedback from the aforementioned presentations.

Prediction of Corporate Recovery in Malaysia

This paper has two co-authors: Dr Noor Marini Abdullah and Associate Professor Norashikin Ismail.  Both of my co-authors are from the Faculty of Accountancy, Universiti Teknologi Mara (UiTM), Malaysia.

We have arranged to deliver this paper at the seminar series of Tasmanian School of Business and Economics, University of Tasmania, May 2019.

Publications

journal toggle icon open Refereed Journal Articles

  • Sinnadurai, P., 2018, “A Vision for Malaysian and Other ASEAN Researchers to Contribute to International Agency Theory-based Literature”, Asian Journal of Business and Accounting 11 (2), 1-54.
  • Shayan Nia, M ., P. Sinnadurai, Z. Mohd-Sanusi and A. Hermawan, 2017, "How Efficient Ownership Structure Monitors Income Manipulation – Evidence of Real Earnings Management among Malaysian Firms", Research in International Business and Finance 41 (1), 54-66.
  • Sinnadurai, P., 2016, “Unique Determinants of Abnormal Earnings Growth in Malaysia”, Pacific Accounting Review 28 (1), 16-37.
  • Ismail, N. and P. Sinnadurai, 2012, "Does Ownership Concentration Type Affect the Mapping of Earnings Quality into Value? Malaysian Evidence", Journal of Business and Policy Research, 7 (3) (Special Issue), 24-47.
  • Lau, J., P. Sinnadurai and S. Wright, 2009, "Corporate Governance and CEO Dismissal Following Poor Performance: Australian Evidence", Accounting and Finance, 49 (1), 161-182.
  • Sinnadurai, P., 2008, "Voluntary Disclosure of Good and Bad Earnings News in a Low Litigation Setting", Accounting Perspectives, 7 (4), 317-340.
  • Sinnadurai, P., E. Watts and J. McKinnon, 1996, "An Empirical Investigation of Segment Data Produced in Accordance with AASB1005 Financial Reporting by Segments", Accounting Research Journal, 9 (1), 5-16.

Professional Membership

  • Member of: Accounting and Finance Association of Australia and New Zealand (AFAANZ), Melbourne Australia
  • Member of: Canadian Academic Accounting Association (CAAA), Toronto Canada
  • Member of Editorial Advisory and Review Board of: Journal of Financial Reporting and Accounting. (This is a refereed journal published jointly by the Accounting Research Institute, Faculty of Accountancy, UiTM Shah Alam, Malaysia and the Association of Chartered Certified Accountants), Malaysia

Community engagement

My principal service to the community is a program of outreach to accounting and finance scholars in Southeast Asia. I was born in Kuala Lumpur and come from mixed Anglo-Tamil heritage. I have always harboured a deep interest in my country of birth and the Southeast Asian region.

I typically pay two two-week visits to at least one Malaysian institution per year. The institutions that I visit most frequently are Universiti Teknologi Mara, Shah Alam and UNITAR International University, Petaling Jaya. I have also visited Universiti Malaysia Terengganu, Kuala Terengganu, Monash University, Sunway and Sunway University. As a tribute to my country of birth, and acknowledgement of my interest in the region, I write to the authorities at Universiti Teknologi Mara in Malay. I also speak to the non-academic staff in Malay.

During my visits to the Malaysian institutions, I have engaged in the following activities:

  • Interactive presentations of my working papers, to obtain feedback from the audience
  • Sessions with doctoral students and staff on aspects related to doing research in general, or the doctoral journey (such as preparing a literature review or managing the relationship with supervisors)
  • Sessions covering the content of key papers in my research areas. During various presentations, I have covered seminal papers in the following research areas: foundations of agency theory and capital markets research, earnings quality and earnings management, discretionary accruals models and other working capital accruals quality models, the political visibility hypothesis and shareholder wealth impacts of privatisation.

I have always delivered the presentations with an orientation towards Malaysia (and to a lesser extent, her neighbours, principally Indonesia).