Dr Puspavathy Rassiah

Department Coordinator, Senior Lecturer

Department of Accounting

603 5514 5891
Room 6-5-109


Puspavathy Rassiah is a senior lecturer in the Department of Accounting and Finance, Monash University Malaysia. She has a Master’s in Business Administration from Edith Cowan University and a Doctor of Philosophy in Accounting from Monash University. She is also a professional member of the Chartered Institute of Management Accountants (ACMA) and Chartered Global Management Accountant (CGMA). She has researched and published in journals and presented papers at conferences, in the area of CEO compensation, environmental management practices and energy future contracts.

Academic Qualifications

Doctor of Philosophy
Institution Monash University
Year awarded 2015
Master of Business Administration
Institution Edith Cowan University
Year awarded 2004
Postgraduate Diploma in Business and Commerce
Institution Monash University Malaysia
Year awarded 2010

Membership in International Professional Bodies

Name of Association/International Body Chartered Institute of Management Accountant (CIMA)
Role Member
Duration of membership - Month/Year 2007 to present
Name of Association/International Body Chartered Global Management Accountant (CGMA)
Role Member
Duration of membership - Month/Year 2012 to present

Areas of Expertise

1 Financial Accounting,
2 Cost Accounting
3 Management Accounting
4 Performance Management


Subject CodeSubject
ACW1000 Principles of Accounting and Finance
AFW2020 Cost Information for Decision Making
ACC2200 Introduction to Management Accounting
ACW3431 Management Accounting

Book Chapters

*Rassiah, P., Nasir, N. & Panchadcharam, S. (2020). Assessing Underprivileged Students’ Academic Performance and Absenteeism Level in a Values-based Education. In Kananatu,T. & Koh, S. G. M. (Eds), Vulnerable Groups in Malaysia. De Gruyter.

Scholarly Journals

* Jones, L. J. N., Kong, D., Tan, B. T., & Rassiah, P. (2021). Non-Revenue Water in Malaysia: Influence of Water Distribution Pipe Types. Sustainability, 13(4), p 2310.
* Tee, C.M. and Rassiah, P. , (2020), "Earnings persistence, institutional investors monitoring and types of political connections", Asian Review of Accounting, Vol. 28 No. 3, pp. 309-327.
* Tee, C.M. and Rassiah, P. ,(2020), Ethnic board diversity, earnings quality and institutional investors: evidence from Malaysian corporate boards. Accounting Finance, 60: 4257-4290
* Shrestha, Keshab, Ravichandran Subramaniam, and Puspavathy Rassiah. "Pure martingale and joint normality tests for energy futures contracts." Energy Economics 63 (2017): 174-184.
*Rassiah, P., Nair, M. & Narayana, R. (2010), “Environmental Awareness in the Malaysian Hotel Industry: An Exploratory Analysis”, Economic Bulletin, Vol. 11, December.

Conference Proceedings

* Jones, L. J. N., Kong, D., Tan, B. T., & Rassiah, P. (2021),Water Pipes in Malaysia: Technical and Capital Cost Comparison, Proceeding of the 6th International Conference on Accounting Business and Economics, Track IC 058-056
*Rassiah, P, Nasir. N.M and K. Ghazala  (2021), Stakeholders' influence on managers' awareness and attitudes and their impacts on environmental management practices of hotels in Malaysia, Proceeding of the 6th International Conference on Accounting Business and Economics, Track 7B 061-059.
*Rassiah, P., Gul, F.A. & Kasipillai, J. (2014). Agency Costs of Free Cash Flow and CEO compensation. Paper presented at the 2014 Accounting and Finance Association of Australia and New Zealand (AFAANZ) Conference, July 6-8, Auckland, New Zealand.
* Kandasamy, S., & Rassiah, P. (2010). Medical Tourism Investigating the contributing factors to medical tourism in Malaysia and its impact on profitability, International conference on Business and economic Research (ICEBER).
* Kandasamy, S., & Rassiah, P. (2009). Budgeting systems of food and beverage (F&B) companies in Malaysia. International Management Accounting Conference (IMAC5), October
*Rassiah,P., Yap, C. S., & Jayabalan, J. (2008). The relationship between student satisfaction and academic performance in private higher education institutions in Malaysia. 8thSEAAIR South East Asia Association for institutional Research STIE Perbanas Surabaya.

Local Grants

Title Framework for Technical and Cost-Benefit Analysis of Non-Revenue Water (NRW) Pipe Replacement Project in Malaysia.
Investigators Jones, Lim Jen Nee
Kong Daniel
Tan, Boon Thong
Rassiah, Puspavathy
Funding Period 2020
Funding Body/Organisation Industry Grant
Engtex group Berhad
Title Gender Diversity and Skills Across the Corporate Boards in Malaysia
Investigators Dr. Puspavathy Rassiah (Principle Investigator)
Dr. Yessy Arnold Perangin Angin
Funding Period 2019
Funding Body/Organisation Monash SEED Grant
Title Free Cash Flows, Firm Valuation and Executive Compensation in Syariah and Non-Syariah Compliance Firms in Malaysia
Investigators Puspavathy Rassiah
Tee Chew Ming
Funding Period Jan – Dec 2017
Funding Body/Organisation Monash SEED grant

Current Supervision

Student Yong Mun Ching
Program of study The stakeholders’ notion of the change from Goods and Services Tax (GST) to Sales and Service Tax (SST) in Malaysia (PhD)

Completed Supervision

Student Minhee Kim
Program of study Cost Stickiness and Ownership Structure in an Emerging Economy: Impacts of Family Ownership and Political Connections (Hons), Achievement:  1. Best Poster, 2. Best Student and 3. Best Thesis.
Awarding University Monash University

No content