Faculty News

Professors Frances Milliken's and Elizabeth Morrison's joint research on psychological safety is mentioned

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Excerpt from Entrepreneur-- "In fact, in a study of a phenomenon they dubbed 'employee silence,' professors from New York University's Stern School of Business demonstrated that 85 percent of their respondents felt they couldn’t raise important issues to their management at all."
Faculty News

Professor Arun Sundararajan's book, "The Sharing Economy," is referenced in a story about how Africa can inspire the future of the sharing economy

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Excerpt from Medium -- "As Stern School of Business Professor, Arun Sundararajan Sundararajan, explains in his book, 'The Sharing Economy', before the industrial revolution, '. . . a significant percentage of economic activity was peer-to-peer, embedded in community and intertwined in different ways to social relations.'"
Faculty News

Professors Tülin Erdem's and Vishal Singh's joint research on how helping refugees benefits a brand is mentioned

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Excerpt from MetroMBA -- "According to a new report titled 'How Helping Refugees Helps Brands' from the NYU Stern School of Business and the Tent Partnership for Refugees, American consumers are more likely to purchase from brands that support refugees. This includes brands that hire refugees, deliver services to refugees, invest in refugee entrepreneurs, and source from refugee businesses."
Faculty News

Professor Jennifer Carpenter's joint research, which examines employee stock option data among men and women, is featured

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Excerpt from Fortune -- "Women reliably exercise their stock options more slowly than men—with men losing out on 2% to 4% of their options’ potential value—the researchers found. But the reasons for this behavior are still up for debate."
Faculty News

Professor John Horton explains why consumers sometimes give inflated ratings for poor service in ridesharing apps

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Excerpt from NPR -- "There's quite a bit of evidence that people don't rate people harshly in these systems, even if they maybe had a bad experience or a not great experience just because they don't want to harm the other person. And you can kind of think, if you have a bad Uber ride, you know, you may be unhappy as a passenger. But you don't want to ruin a person's livelihood."
Faculty News

Professor Thomaï Serdari is interviewed for a feature story on Tiffany & Company's move towards greater transparency around its diamond sourcing

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Excerpt from the The New York Times -- "'A lot of diamond companies are still very opaque about their operations,' said Thomai Serdari, who teaches luxury marketing at New York University. 'There haven’t been any particular strict guidelines to ensure that a diamond is truly coming from the area a dealer is claiming it’s coming from.'"
School News

MBA students Amy Kong, Tricia Nussbaum, Catherine Pan and Jillian Witt are featured for their third-place win in WeSolv's Salesforce Product Marketing Strategy Challenge

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Excerpt from Poets & Quants -- "This NYU Stern team presented creative solutions and detailed steps for implementing them, including new social media page concepts with sample content and modifications to the Salesforce website to help facilitate the customer journey. They also suggested new interactive demos that more clearly articulate the value of Salesforce’s retail execution solution."
Faculty News

Professor Justin Kruger's joint research on self-perception, the Dunning-Kruger effect, is spotlighted

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Excerpt from The Washington Post -- "In their 1999 paper, published in the Journal of Personality and Social Psychology, David Dunning and Justin Kruger put data to what has been known by philosophers since Socrates, who supposedly said something along the lines of 'the only true wisdom is knowing you know nothing.'"
Faculty News

Professor Maxime Cohen's joint research on what motivates sharing economy workers is featured

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Excerpt from Knowledge@Wharton -- "A new study ... looks at how drivers for a ride-hailing firm make labor decisions – when to work, and for how long – and aims to improve predictions about labor supply and to shed light on more effective financial incentives. The paper, titled 'The Impact of Behavioral and Economic Drivers on Gig Economy Workers,' is co-authored by New York University Stern School of Business professor Maxime Cohen and Wharton doctoral candidate Park Sinchaisri."
Faculty News

Professor Joe Foudy explains the impact of Apple's poor sales in China on the global economy at large

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Excerpt from U.S. News & World Report -- "'People expected that was coming. The difference is the severity. It was more intense than we expected,' says Joseph Foudy, a professor of economics at New York University's Stern School of Business. Foudy believes the reports this week are indicative of China's economic long-term transition. He adds, 'but we should be worried about the economy in the next few years.'"
Faculty News

Professor Alixandra Barasch shares insights from her research on the impact of taking photos on experiences

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Excerpt from WIRED -- "The key thing to do is to take photos for yourself in the moment and then to separate the sharing part of the process... to have the sharing happen later on."
School News

In a trend story on business education in 2019, Dean Raghu Sundaram explains why he believes the MBA degree will continue to thrive

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Excerpt from BusinessBecause -- "The MBA experience provides critical skills—the opportunity study both the language of business and cultivate the ability to inspire people to action. The relevance of the MBA education will not go away."
Faculty News

Professor Thomaï Serdari explains the role of community in luxury retail

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Excerpt from Luxury Daily -- "Communities built around social, cultural or fitness interests – for example, whisky tasting clubs or cycling groups – offer consumers a platform through which to exchange facts and opinions about products and services. Consumer-generated content spreads quickly, thanks to technology. Reputations are built or destroyed easily. This has already had significant consequences for the luxury retail market that has seen an array of brand extensions being built around such communities with clearly defined values."
School News

Stern's specialization in Fintech is spotlighted in a story on top MBA curriculum trends

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Excerpt from BusinessBecause -- "Financial technology is high on the agenda across the finance world, as incumbents seek to avoid disruption by nimbler startups and as every financial company, large and small, turns to tech to improve efficiency and create new products and services....Stern offers an entire fintech specialization..."
School News

Center for Business and Human Rights Deputy Director Paul Barrett contributes to an article on the NRA's influence in Australia, Brazil, and Russia

Excerpt from Bloomberg Businessweek -- "Founded 148 years ago in New York by two Union Army vets to promote marksmanship, the group describes itself as the “oldest civil rights organization in America.” Its public events and messaging are often draped in the Stars and Stripes. Yet for all the patriotic symbolism, many of the forces shaping the NRA these days are distinctly non-American."
Faculty News

In a Q&A interview, Professor Baruch Lev discusses how CFOs can better communicate with the investment community, from his book, "The End of Accounting"

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Excerpt from Strategic Finance -- "Don’t wait for the FASB [Financial Accounting Standards Board] or the SEC [Securities & Exchange Commission] to adapt financial reporting to the 21st Century. It may take a while. Start disclosing relevant information to investors. It’s not only good for investors—it’s good for you, too. Research overwhelmingly shows that improved transparency reduces cost of capital and stock volatility, increases managers’ credibility, and mitigates shareholder lawsuits."
Faculty News

In an in-depth Q&A, Professor Tensie Whelan highlights the Center for Sustainable Business' work, including its Monetization Methodology framework, which measures the financial impact of sustainability

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Excerpt from Radar -- "We’ve developed a methodology that will articulate, quantify and communicate the financial impact of sustainability, the Center for Sustainable Business Monetization Methodology. We have found that if you imbed sustainability into business practices, it drives benefits like risk mitigation, employee engagement, and operational efficiency which results in outcomes like a lower cost of capital and better financial performance."
School News

Geeta Menon, Dean of the Undergraduate College, reflects on the School’s accomplishments during her eight years as Dean

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Excerpt from STERNBUSINESS -- "As I forge ahead in my eighth year as Dean, I am incredibly proud of all that we have accomplished since I took the helm in 2011." 
Faculty News

Professor Arun Sundararajan discusses the outlook for tech company IPOs in 2019

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Excerpt from Marketplace -- "Airbnb is an accomodation company; Uber and Lyft are in transportation, but they fall under the tech umbrella."
Faculty News

In a contributed article, Professor Amy Webb highlights three tech trends to watch in 2019

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Excerpt from Barron's -- "If 2018 has taught us anything, it’s that chaos is the new normal, and that it’s time to get smarter about anticipating change. But it also revealed an unsettling truth: We simply aren’t paying enough attention to meaningful signals in the present, and that’s why we’ve been caught in this constant cycle of surprise."
Faculty News

In a Q&A interview, Professor Dolly Chugh shares how to combat implicit bias, from her book, "The Person You Mean to Be"

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Excerpt from Goop -- "Do an audit and get a sense of what you’ve surrounded yourself with in your life, and in what ways you are potentially hearing the same voices, hearing some voices more than others, and perhaps reinforcing systems you do not mean to enforce. Systems that are exclusionary. These kinds of self-audits—that are quiet and private and no one needs to know you’re doing them—start offering hints as to what is happening in our lives."
Faculty News

Professor Vasant Dhar discusses the impact of big data in 2018

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Excerpt from Towards Data Science-- "Vasant Dhar, a Professor at NYU, the chief editor of 'Big Data' magazine said that '2018 saw the general increase of Big Data adoption in sciences, healthcare, government, and other industries. Cloud-based predictive analytics help to increase business efficiency, while legal regulations concentrate on security, data governance, and performance stability.'"
Faculty News

Professor Priya Raghubir explains how stock market volatility impacts consumer spending

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Excerpt from the Associated Press -- "When consumers start feeling uneasy or less wealthy, they forgo or postpone the big discretionary items on their budgets, says Priya Raghubir, a marketing professor at New York University's Stern School of Business. 'Large expenses such as home renovations, cars, all of those could be put on hold,' Raghubir says."
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Faculty News

Professor David Yermack's joint research on endowment fund performance is featured

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Excerpt from Bloomberg-- "In a paper just published by the European Corporate Governance Institute, finance professors Sandeep Dahiya of Georgetown University and David Yermack of New York University studied the tax returns of more than 28,000 U.S. nonprofit organizations filed with the Internal Revenue Service between 2009 and 2016. The results make for grim reading."
Faculty News

Professor Lawrence White shares his outlook on the US economy

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Excerpt from Fox Business -- "Markets are always looking forward, and they're worried. We have a government shutdown and perhaps... what happens in March when we have to have the national debt rolled over and renewed? We've got a Secretary of the Defense who has resigned and is being forced out early. There's just a lot of uncertainty, a lot of worry, and that doesn't make the markets feel very good."