Peter M. DeMarzo
The John G. McDonald Professor of Finance
Additional Administrative Titles
Research Statement
Bio
Peter DeMarzo is The John G. McDonald Professor of Finance, faculty co-director for Stanford LEAD, and former senior associate dean at Stanford Graduate School of Business. He has published research on corporate investment and financing, asset securitization, financial contracting, and market regulation. Recent work has examined the optimal design of securities, leverage dynamics, compensation mechanisms, regulation of insider trade, bank capital regulation, and the influence of information asymmetries on corporate disclosures and investment. He is co-author of Corporate Finance and Fundamentals of Corporate Finance (Pearson 2020). He has served as president of the Western Finance Association and the American Finance Association. He is a fellow of the Econometric Society and the American Finance Association, and a research associate of the National Bureau of Economic Research.
Before joining Stanford, DeMarzo was on the faculty of UC Berkeley’s Haas School of Business, Northwestern University’s Kellogg Graduate School of Management, and a national fellow at the Hoover Institution. He received a PhD in economics and an MS in operations research from Stanford University, and a BA in cognitive science and in applied mathematics from UC San Diego. His research has received best paper awards from the Review of Financial Studies, the Western Finance Association, and the Utah Winter Finance Conference. He has won best teaching awards at both Stanford GSB and the Haas School of Business. He currently teaches MBA and PhD courses in Corporate Finance and Financial Modeling.
Academic Degrees
- PhD, Stanford University, 1989
- MS, Stanford University, 1985
- BA, UC San Diego, 1984
Academic Appointments
- At Stanford 1995-1997 and since 2000
- Associate Professor, Haas School of Business, UC Berkeley, 1997–99
- Visiting Associate Professor, Stanford GSB, 1995–97
- Associate Professor, Kellogg Graduate School of Management, Northwestern University, 1992–97
- National Fellow, Hoover Institution, 1992–93
- Asst. Professor, Kellogg Graduate School of Management, Northwestern University, 1989–92
Awards and Honors
- Fellow, Econometric Society
- Fellow and former President, American Finance Association
- Coulter Family Faculty Fellow for 2019–20
- Davis Award, 2019
- Coulter Family Faculty Fellow, 2017–19
- Ormond Family Faculty Fellow, 2013–14
- Western Finance Association Best Paper Award, 2016 and 2001
- Utah Winter Finance Best Paper Award, 2016 and 2004
- Review of Financial Studies Best Paper Award, 2006 and 2008
- GSB Sloan Teaching Excellence Award, 2004 and 2006
- Cheit Outstanding Teaching Award, Haas School of Business
- Clarendon Lectures, Oxford University, 2011
- Bettis Distinguished Scholar, 2010
Publications
Journal Articles
Books
Book Chapters
Working Papers
Academic Publications
Teaching
Degree Courses
Executive Education & Other Non-Degree Programs
Other Teaching
Programs and Non-Degree Courses
Service to the Profession
- Research Associate, National Bureau of Economic Research, 2003-present