Photo of Demerjian, Peter

Peter Demerjian

Associate Professor

Department of Accounting

Pronouns: He/Him/His


Building & Room:

UH 2330


601 S. Morgan St., Chicago, IL 60607

Office Phone:

(312) 355-1556

CV Download:


Related Sites:

Selected Publications

“Accounting Standards and Debt Covenants: Has the ‘Balance Sheet Approach’ Led to a Decline in the Use of Balance Sheet Covenants?” Journal of Accounting and Economics 52: 178-202 (2011).

“Quantifying Managerial Ability: A New Measure and Validity Tests” (with B. Lev and S. McVay). Management Science 58(7): 1229-1248 (2012).

“Managerial Ability and Earnings Quality” (with B. Lev, M. Lewis and S. McVay). The Accounting Review 88(2): 463-498 (2013).

“Measuring the Probability of Financial Covenant Violation in Private Debt Contracts” (with E. Owens). Journal of Accounting and Economics 61: 433-447 (2016).

“Fair Value Accounting and Debt Contracting: Evidence from Adoption of SFAS 159” (with J. Donovan and C. Larson). Journal of Accounting Research 54(4): 1041-1076 (2016).

“Uncertainty and Debt Covenants.” Review of Accounting Studies 22: 1156-1197 (2017).

“Assessing the Accuracy of Forward-Looking Information in Debt Contract Negotiations: Management Forecast Accuracy and Private Loans” (with J. Donovan and J. Jennings) Forthcoming at The Journal of Management Accounting Research (2019).

“Income Smoothing and the Usefulness of Earnings for Monitoring in Debt Contracting” (with J. Donovan and M. Lewis-Western) Forthcoming at Contemporary Accounting Research (2019).

“How Does Intentional Earnings Smoothing Vary with Managerial Ability?” (with M. Lewis-Western and S. McVay). Journal of Accounting, Auditing, and Finance 35(2): 406-437 (2020).

Publication Aggregators


University of Michigan, Ann Arbor
PhD, Business Administration (Accounting), 2007

College of William & Mary, Williamsburg, VA
MBA, 2002

Brandeis University, Waltham, MA
BA (Mathematics), 1996