Faculty News

Prof. Jonathan Haidt is featured for his book, "The Righteous Mind"

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Excerpt from NPR -- "In 'The Righteous Mind,' Jonathan Haidt ... a moral perspective, he argues, is a feature of our evolutionary design. Morality has made it possible for human beings — unlike any other creatures — to forge large, cohesive, cooperative groups."
Faculty News

Prof. Xavier Gabaix on Wall Street bonuses

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Excerpt from MarketWatch -- "'Those numbers are just cash bonuses, but you don’t have the full compensation,' said Xavier Gabaix ... 'The comptroller should absolutely report deferred compensation. Otherwise, it’s hard to interpret the results.'"
Faculty News

Prof. Thomas Philippon's research on finance's share of GDP is cited

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Excerpt from Reuters blog -- "Thomas Philippon, a professor at New York University, has shown that the share of U.S. national income dedicated to finance has fallen only slightly since the crisis, when it was at its highest since records began in 1865."
Student Club Events

Retail 2020: Reinventing Retail Once Again

On February 28, NYU Stern’s Luxury & Retail student club co-hosted a special guest lecture with IBM, “Retail 2020: Reinventing Retail Once Again,” featuring Professor Herb Kleinberger and Chris Hendren of IBM Global Solutions. The lecture corresponded with the global launch of the paper, "Retail 2020: Reinventing Retail Once Again" (a joint project between NYU Stern and IBM).
Press Releases

NYU Stern Announces MBA Specialization in Digital Marketing

To more formally prepare MBA students with the strategic and analytical skills to guide organizations navigating a digital world, NYU Stern has launched a Digital Marketing specialization. Starting in spring 2012, students have the opportunity to focus their studies on a mix of marketing and information systems (IS) courses that will equip them with the knowledge to create value in an increasingly complex and changing digital world.
Faculty News

Prof. Paul Romer is highlighted for first proposing the concept of meta-ideas

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Excerpt from WIRED -- "The secret, it turns out, is the presence of particular meta-ideas, which support the spread of other ideas. First proposed by economist Paul Romer, meta-ideas include concepts like the patent system, public libraries, and universal education."
School News

Prof. Vasant Dhar on NYU Stern's new digital marketing specialization

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Excerpt from New York Post -- "'We were getting signals from employers that they would like people trained in this area - those who can think strategically in the digital world and who have the skills to deal with the challenges that come from kind of data that this world generates,' says Dhar."
Business and Policy Leader Events

Ashoka’s Bill Drayton Talks with MBA Students at Leadership Luncheon Series

Bill Drayton, founder & CEO of Ashoka, a nonprofit organization supporting the field of social entrepreneurship, spoke to MBA students about “How to Lead in an ‘Everyone is a Changemaker™’ World,” through NYU Stern’s Leadership Luncheon Series.
Faculty News

Prof. Nouriel Roubini on global economic risk

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Excerpt from BBC blog -- "Nouriel Roubini thinks the oil price spike out of the Arab revolts could push the world economy into stagflation. There is also the risk that currency war breaks out into open trade war."
Faculty News

An op-ed by Prof. Baruch Lev on the benefits of giving advance notice of corporate earnings

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Excerpt from The Wall Street Journal -- "By sharing information with the market, companies reduce investor uncertainty and prevent stock prices from swinging wildly upon unexpected bad news."
Faculty News

Research by Profs John Asker and Alexander Ljungqvist on investment behavior is cited

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Excerpt from The New York Times -- " ... evidence of managerial bias is provided by a recent comparison of the investment behavior of otherwise similar public and private companies between 2001 and 2007 by the economists John Asker, Joan Farre-Mensa, and Alexander Ljungqvist, published by the National Bureau of Economic Research."
Faculty News

A paper by Prof. Xavier Gabaix on executive compensation is highlighted

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Excerpt from The Wall Street Journal -- "In a paper with Xavier Gabaix and Tomasz Sadzik of New York University and Yuliy Sannikov of Princeton, we show that optimal compensation packages involve long vesting periods."
Faculty News

Prof. Sinan Aral's research on Facebook-app adoption is cited

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Excerpt from Advertising Age -- "Internet-specific evidence on the importance of personalized messages was observed by New York University Professor Sinan Aral, in a rare experimental study of Facebook-app adoption."
Faculty News

Prof. Gavin Kilduff's research on rivalries is featured

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Excerpt from The Boston Globe -- "When runners raced against one or more rivals, [Kilduff] found, they sped up — increasing their average speed by five seconds per kilometer. They got a clear performance benefit."
Faculty News

Prof. Aswath Damodaran on how stock splits impact a company's value

Excerpt from Bloomberg Businessweek -- "'Stock splits are empty gestures,' says Aswath Damodaran, a finance professor at NYU’s Stern School of Business. He says lowering stock prices can enlarge the pool of potential investors; with more investors bidding for a stock, the price can go up."
Faculty News

In an op-ed, Prof. Michelle Greenwald says the user experience can make or break a business

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Excerpt from Inc. Magazine -- "All businesses, whether big or small, should go to the trouble of learning those little things that customers value above and beyond the basic product or service."
Faculty News

People with easy-to-pronounce names are likely to be favored according to Prof. Alter's research

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Excerpt from WIRED -- "'When we can process a piece of information more easily, when it’s easier to comprehend, we come to like it more,' said psychologist Adam Alter of New York University."
Faculty News

Faculty News

Prof. Aswath Damodaran on the current management of Facebook

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Excerpt from MSNBC -- “Right now you have a situation at Facebook where there’s a benevolent dictatorship, but my concern is they tend to become malevolent dictatorships, and that can hurt you when it comes to the pinch."
Student Club Events

2012 MBA Media & Entertainment Conference

The 2012 MBA Media & Entertainment Conference, co-hosted by NYU Stern’s Media, Entertainment and Sports Association (MESA), is a premiere event for MBA students focusing in the media, entertainment and technology industries. The conference will feature Netflix Co-Founder and CEO Reed Hastings as one of the keynote speakers, along with a variety of panel discussions and networking opportunities.
Research Center Events

Eighth Annual Penn/NYU Conference on Law and Finance

The Penn/NYU Conference, considered the premier annual conference on law and finance, is jointly sponsored by NYU’s Pollack Center for Law & Business, Wharton’s Financial Institutions Center and the University of Pennsylvania’s Institute for Law and Economics. Faculty from top business and law schools will convene at the University of Pennsylvania Law School to hear colleagues present research at the intersection of law and finance. Speakers and moderators include Pollack Center Director William T. Allen and NYU Stern Professors Yakov Amihud, Stephen Brown and David Yermack.
Faculty News

Prof. Sinan Aral will discuss social networks at the NYC Re-working conference on 2/24

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Excerpt from Forbes -- "NYU’s Sinan Aral will close the day with a discussion about social network analysis and what it reveals about how we really work. Yes, Twitter and Facebook are changing the way you turn up at your desk."
Faculty News

An interview with Prof. Thomas Cooley on the European economy

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Excerpt from Bloomberg -- "I think there are still big dangers lurking in the euro system and European economies. Making progress on the Greece restructuring is definitely a good thing, but the progress has been very slow."
Student Club Events

Stern Africa Forum

The Inaugural Stern Africa Forum (SAF), co-hosted by student organization Stern in Africa (SIA) and NYU Africa House, will bring together top African business thinkers, innovators and executives to discuss the trends driving economic development and growth on the African continent. Themed "Redefining Africa: Innovative Business and Frontier investments in Emerging Africa," SAF  will focus on the innovative business practices and ventures fueling the progress and potential of Africa’s emerging economies.