School News

SEC Commissioner Hester Peirce's remarks during a fireside chat with journalist Laura Shin, co-hosted by Stern’s Executive MBA program and the Blockchain Digital Asset Forum, are highlighted

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Excerpt from the Unchained podcast -- "...there’s no shame in saying, hey, you know, we’ve been around as a regulator since the 1930s. A few things have changed since then. We might want to, you know, just ask a few questions about whether the framework’s working the way it should, and if it’s not, let’s change it so that everyone’s better off and everyone has more freedom to make their own decisions and to do things that allow them to participate better in society, to contribute their talents and their resources to society."
School News

Journalist Laura Shin shares takeaways from her fireside chat with SEC Commissioner Hester Peirce, co-hosted by Stern’s Executive MBA program and the Blockchain Digital Asset Forum

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Excerpt from Forbes -- "She described the source of her seeming support or at least open attitude to the crypto industry, especially compared to the other SEC commissioners. 'I really identify with some of what’s driving people in this space, which is a desire to look at the world with fresh eyes and say, are there things we can do things better?' she said."
Press Releases

NYU Stern Appoints Alumnus Andre Koo as Chair of the School’s Board of Overseers

Andre Koo
New York University’s Stern School of Business today announced the appointment of alumnus Andre J.L. Koo (MBA '94), Chairman, Chailease Group, as Chair of the School’s Board of Overseers, effective July 1, 2019. Andre Koo is the first internationally-based business leader to serve in this position.
Research Center Events

A Conversation with Chuck Saia

Kaufman Management Center
On Tuesday, April 2, NYU Stern's Department of Accounting, Stern Accounting Society, Business Analytics Club and Beta Alpha Psi will welcome Chuck Saia, risk and financial advisory CEO of Deloitte, for a discussion on how to leverage innovation and technology to help clients embrace complexity and accelerate performance.
Research Center Events

Raghuram G. Rajan Discusses “The Third Pillar” in NYU Stern-BPI Gallatin Lecture Series on Banking

Raghuram G. Rajan speaks to an audience of students, faculty and practitioners
The NYU Stern Salomon Center for the Study of Financial Institutions and the Bank Policy Institute welcomed Raghuram G. Rajan, distinguished service professor of finance at the University of Chicago Booth School of Business, for the Gallatin Lecture Series on Banking on Tuesday, April 2.
Faculty News

In a live interview, Professor Scott Galloway shares his outlook on Lyft's IPO

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Excerpt from Bloomberg -- "I think you saw on Friday that the markets have entered into—or that Lyft's shareholders entered into—consensual hallucination with management that this company garners anything resembling this valuation."
Faculty News

Professor Jonathan Haidt's work on moral foundations is referenced

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Excerpt from NPR -- "There's a wonderful body of literature these days led by Jonathan Haidt who teaches at New York University about 'moral foundations.' What he finds is that everybody in society basically shares two moral foundations: We all care about compassion, and we all care about fairness. We don't define those things in the same way, but we care about those things."
Faculty News

Professor Russell Winer explains how technology is helping drive the growth of vegan businesses

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Excerpt from Channel News Asia -- "The dramatic increase in use of social media and digital media for conversations helps these small niche products where people are very passionate about whatever that product area is."
School News

Research on worker safety at factories in Bangladesh by the Center for Business and Human Rights is referenced

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Excerpt from The Guardian -- "Deaths in Bangladesh’s garment sector have fallen in the past five years since the accord was introduced from about 71 a year to 17, according to research from New York University’s Stern Centre."
School News

Senior Research Scholar Shlomo Angel's work on the Atlas of Urban Expansion is cited

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Excerpt from National Geographic -- "To track how metropolitan regions have developed, Shlomo Angel and his colleagues at New York University used historical maps and satellite imagery to create the Atlas of Urban Expansion. The atlas defines city parameters to include the entire built area beyond a city’s jurisdictional boundaries and into surrounding municipalities."
Research Center Events

Demystifying AI and Machine Learning: What You Need to Know

NYU flags outside of the Henry Kaufman Management Center
On Monday, April 1 NYU Stern's Fubon Center for Technology, Business and Innovation will host a talk on “Demystifying AI and Machine Learning” by Dr. Pedro Domingos, author of The Master Algorithm: How the Quest for the Ultimate Learning Machine Will Remake Our World
Faculty News

Professor Andrew Hinkes comments on the sale of an ICO business on eBay

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Excerpt from Cointelegraph -- "'Generally, a person can sell their property, including a business that they may own,' Hinkes told Cointelegraph. 'While eBay maintains a list of restricted goods that cannot be sold on its platform, it appears that there are specific areas on eBay's website designed for the sale of businesses; and Sponsy is listed on a page that appears to allow the sale of web pages and internet companies.'"
Faculty News

In a contributed article, Professor Anika Sharma examines the future of digital assistant devices

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Excerpt from Ad Age India -- "As our digital and non-worlds continue to blend, we will need to be conscious of designing for an inclusive world. This is extremely important from both, a business perspective as well as a consumer perspective. The discussion has only just begun."
Faculty News

Professor Arun Sundararajan underscores the importance of Lyft drivers' satisfaction for the brand's long-term success

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Excerpt from CNN -- "'The driver is the face of the brand,' he said. 'The entire experience is controlled by the person whose car you get into -- if they're projecting, "I'm underpaid and unhappy," that's not going to be a good experience.'"
Faculty News

In a contributed article, Professor Allen Adamson interviews marketing executives from the 2019 AMA New York Marketing Hall of Fame about their success secrets

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Excerpt from Forbes -- "The best marketers have not only figured out what it takes to stay relevant, they are motivated by the challenge. It was about this topic that I had the privilege of talking to Wendy Clark, CEO of DDB, Ann Lewnes, Executive Vice President and Chief Marketing Officer of Adobe, and Keith Weed, Chief Marketing and Communications Officer of Unilever, who will be inducted at an event on April 16 in New York into the 2019 AMA New York Marketing Hall of Fame."
Faculty News

In a live interview, Professor Scott Galloway explains why he believes Lyft is overvalued

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Excerpt from Fox Business -- "'What Lyft and Uber are right now is an incredible transfer of wealth from drivers to riders,' he said. 'I would argue that these companies have figured out the ultimate ninja move to kick the middle class in the groin by saying, "with 4,100 employees and our investors, we're going to split $25 billion and the 1.4 million drivers get between $8-$15 bucks an hour in flexibility."'"
School News

Professors Paul Hardart and Batia Wiesenfeld discuss the future of Warner Bros. Theatre Ventures amid the company's acquisition by AT&T

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Excerpt from Forbes -- "'In particular, AT&T is finding itself short on leadership for Time Warner (in part because of losses due to leaders’ misconduct and subsequent resignations) and struggling to integrate very different corporate cultures, which is likely to encourage them to spin off businesses that are less likely strategically valuable to the combined entity,' explained NYU Stern professor Batia Wiesenfeld. ... 'My sense is that AT&T will not likely disrupt Warner Bros. Theatre Ventures at this point,' opined NYU Stern professor Paul Hardart."
Faculty News

Lord Mervyn King shares his views on a no-deal Brexit

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Excerpt from Bloomberg -- "'My own personal preference would be to go back to Europe and say, "we have a clear strategy, which is we want to leave without a deal, but we would like to take six months to complete the preparations to avoid the dislocation,"' King said. 'It depends on how far the preparations have got, and the government hasn’t been as explicit about that as they might.'"
School News

In a video interview, Senior Scholar of Marketing and Corporate Outreach Randi Kronthal-Sacco explains the Center for Sustainable Business' research findings on sustainability-marketed products, in partnership with IRI

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Excerpt from Retail Leader -- "The data is in and products with sustainable attributes are driving a disproportionate percentage of growth. IRI teamed with NYU’s Stern Center for Sustainable Business to understand why products with sustainability attributes driving superior growth rates."
School News

The Center for Business and Human Rights' research on social networks and disinformation is referenced

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Excerpt from Gizmodo -- "While the major social networks have taken 'some steps' to counteract the spread of disinformation, a recent report from the NYU Stern Center for Business and Human Rights concluded that Facebook and, in particular, YouTube continue to employ 'a piecemeal approach' to the problem."
Faculty News

Professor Paul Romer's talk at the Korea Chamber of Commerce and Industry in central Seoul is featured

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Excerpt from the Korea JoongAng Daily -- "'Minimum wages, we know, can lead to a reduction in demand for workers and then to a pool of workers who are not connected to the labor force,' Romer said on Wednesday in response to a question on his thoughts on the Moon Jae-in government’s income-led growth policy and the minimum wage increases."
Faculty News

Professor Thomaï Serdari is quoted in a story about multi-family marketing

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Excerpt from Multi-Housing News -- “'In your downtime, you’ve decided to spend 20 minutes on Instagram and you’re actually curious to see what’s on the market,' she said, comparing that to routine habits such as checking a bank account, when someone may be more annoyed at seeing ads cropping up."
Faculty News

Professor Arun Sundararajan is interviewed about how Lyft and Uber driver protests will impact the companies

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Excerpt from Fast Company -- "'If enough drivers participate, they will have an impact,' says NYU business professor Arun Sundararajan, who is generally bullish on the prospects for Uber, Lyft and other 'gig-economy' companies. 'Worker protests by Uber and Lyft drivers get far more attention than any other labor action in the world right now.'"
Faculty News

Professor Richard Sylla is interviewed about the next economic recession

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Excerpt from Vox -- "In fact, recessions used to happen a lot more often than they do now, explained Richard Sylla, professor emeritus of economics at New York University, and since the late 20th century, expansions have become longer. The reason is that 'we’re much less of an industrial economy,' Sylla said."
School News

Professor Lawrence White is comments on buying a home in New York City

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Excerpt from Forbes -- "'This is an expensive area, there’s no question,' White said. 'That does make the home-buying process a bit more frustrating and a bit more difficult, but not as difficult as that 18-year number would indicate.'"