Faculty News

Professor David Yermack's research on how executives’ use of private jets impacts their companies’ investor returns is cited

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Excerpt from The Economist -- "A study by David Yermack of NYU Stern School of Business found that returns to investors in firms that allow such flights are 4% lower per year than in other companies."
Faculty News

Professor Elizabeth Morrison's and PhD student Mona Weiss' joint research on the perception of speaking up in the workplace is featured

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Excerpt from Brisbane Times -- "These findings contradict the prevailing view that speaking up carries a 'high level of risk, causing others to view the employee as threatening or disloyal, and negatively affecting ratings of job performance.'"
Faculty News

Professor Aswath Damodaran is quoted in an article on the IPO market in India

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Excerpt from The Economic Times -- "'Ultimately, all private equity money needs exit. If the public market mood darkens, it will have a ripple effect that goes all the way through the PE and VC ecosystems,' said Aswath Damodaran, professor of finance at the New York University Stern School of Business."
Faculty News

Professor Jamyn Edis discusses HBO's evolution and streaming strategy

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Excerpt from Bloomberg -- "'HBO has been the ultimate Gordian knot,' says Jamyn Edis, a former vice president of HBO’s consumer technology group who’s now an adjunct professor at New York University’s Stern School of Business. 'It’s been a seemingly intractable set of problems: long-term contracts written before the dawn of digital, 30-year-career executives with no incentive to hurt the Time Warner cash cow, an institutional distaste for technology—"we’re in the content business"—and the internecine tribal warfare typical of any organization.'"
Faculty News

Professor Ari Ginsberg comments on West Elm's partnership with Rent the Runway

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Excerpt from CNN Business -- "Growing numbers of Americans are renting everything from clothes to cars, explained Ari Ginsberg, professor of entrepreneurship and management at NYU'S Stern School of Business. ... 'You can either join or get run over,' said Ginsberg. 'If you don't do it, your competitor is going to.'"
School News

Stern Solutions Experiential Learning Project Takes MBA Students to Qatar

Qatar at night
During the fall 2018 semester, a group of NYU Stern MBA students including Gabriel Ng (MBA/MPA ‘19), Su-Kyong Park (MBA ‘20) and Kinni Shah (MBA ‘19), took part in a Stern Solutions experiential learning project focused on the cost of recruiting migrant workers in Qatar.
Faculty News

Professor Adam Alter's book, "Irresistible," is referenced in an article on smartphone addiction

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Excerpt from the The Statesman -- "Adam Alter, author of the best selling book, Irresistible, informs us that most people devote between one and four hours on their phones daily and others far longer across the globe. These people also spend an average of a quarter of their waking lives on their phones, which is more time than any other daily activity they engage in except sleeping."
School News

Research by the Center for Business and Human Rights on combating the problem of disinformation on social media platforms is featured

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Excerpt from Yahoo Finance -- "Social media companies that are already deleting propaganda from foreign actors also need to erase false or misleading content that originates in the United States, rather than just pushing it to the margins of their platforms, a new report released Tuesday said. 'We urge them to add provably false information to the removal list,' said a report from New York University’s Stern Center for Business and Human Rights."
School News

Beth Briggs, assistant dean of career services, highlights the strength Stern's fintech curriculum and benefits of the School’s alumni network to current students

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Excerpt from Find MBA -- "'We are in constant conversation with the business community to ensure our curriculum meets the evolving needs of the sector,' says Beth Briggs, assistant dean of career services at NYU Stern School of Business in New York City."
School News

Stern's MS in Accounting program is featured in a trend story on the evolution of accounting education; Professor Alex Dontoh and Rabia Ahmed, executive director of MBA admissions, are quoted

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Excerpt from MiM Guide -- "'Big data collection and analysis has precipitated a profound change in the way companies conduct their business and has consequently triggered a seismic shift in skillsets professional accountants must possess to be successful,' says Alex Dontoh, director of Stern’s MS in Accounting course. ... Rabia Ahmed, executive director of MBA admissions at Stern, says: 'We are looking for students who exhibit strong IQ and EQ — the combination of intellectual and interpersonal skills needed to be successful in business.'"
Research Center Events

Fireside Chat with Robert Rubin

Kim Schoenholtz, Robert Rubin and Raghu Sundaram
On Wednesday, March 6, NYU Stern's Center for Global Economy and Business hosted a fireside chat with Former U.S. Treasury Secretary Robert E. Rubin. Professor Kim Schoenholtz, the Center’s director, led the conversation, which was introduced by Dean Raghu Sundaram. 
Faculty News

In an in-depth interview, Professor Paul Romer discusses the US-China trade conflict and sustainable economic growth

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Excerpt from CNN -- "...there's another reason why some people are trying to say we should rethink the trade with China, and that's because some people in the United States have gotten huge gains from the trade, others have not enjoyed the same benefits. So, they're saying, 'We need to redress this imbalance,' but it's not realistic to say, 'We're going to use a treaty with another country to solve an internal problem.' So, that's a problem that people should address with an internal policy in the United States."
School News

Research by the Center for Business and Human Rights on combating disinformation on social media platforms is referenced

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Excerpt from Bloomberg Businssweek -- "A new report by the Center for Business and Human Rights at New York University’s Stern School of Business argues that the platforms should indeed remove material that is 'provably untrue,' rather than just demote or annotate it as some do now. Anything that’s in the gray area between true and false could remain, it says."
School News

Professor Xi Chen Receives National Science Foundation CAREER Award

NYU flags outside of the Henry Kaufman Management Center
Professor Xi Chen, NYU Stern assistant professor in the department of Technology, Operations, and Statistics, has been recognized by the National Science Foundation (NSF) with its Faculty Early Career Development Award (CAREER).
Faculty News

Professor Dolly Chugh explains the benefits of developing a growth-oriented inner voice, from her book, "The Person You Mean to Be"

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Excerpt from Psychology Today -- "Instead of 'good' or 'bad,' Chugh suggests, we need to start thinking of ourselves as good-ish, a term she introduces in her book, The Person You Mean to Be. Good-ish embraces the idea that the self is error-prone and conflicted, yet strives to be better. It's a rejection of a fixed 'good person' image—like the one the inner critic pushes us toward—in favor of the idea that we are a work in progress."
Faculty News

In a contributed article, Professor Anika Sharma examines how social media channels are impacting the digital ecosystem of news

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Excerpt from Ad Age India -- "Perhaps, then, just like in any digital ecosystem, news outlets need to understand the role of ‘social channels’. The news outlets will never win the ‘who brought it to you first’ battle, because the most connected networks will always win that. However, if the news outlets stuck to what they know best, they may be able to hold their ground."
Faculty News

Professor Jennifer Carpenter and Professor and Vice Dean of the Undergraduate College Robert Whitelaw's joint research on China's stock markets is referenced

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Excerpt from ThinkAdvisor -- "'Since the wave of market reforms that started almost two decades ago, stock prices in China have become as informative about future firm profits as they are in the U.S.,' according to the authors."
Faculty News

Professor Allen Adamson explains how the sexual abuse allegations in the recent "Leaving Neverland" documentary will impact Michael Jackson's estate

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Excerpt from The Washington Post -- "'For any mainstream marketing tapping into big sponsors and big advertisers, I think it’s going to come off the table, certainly for the next couple of years and maybe forever, because marketers are risk-averse,' he said. 'There are plenty of choices in entertainment.'"
Faculty News

Professor Jonathan Haidt's book, "The Righteous Mind," is referenced

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Excerpt from The Atlantic -- "'People bind themselves into political teams that share moral narratives,' Jonathan Haidt writes in his book The Righteous Mind. 'Once they accept a particular narrative, they become blind to alternative moral worlds.'"
Faculty News

In an excerpt from her new book, "The Big Nine," Professor Amy Webb underscores the need for courageous leadership to ensure AI is implemented in ways that do not harm society

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Excerpt from Fast Company -- "The Big Nine are under intense pressure — from Wall Street in the United States and Beijing in China — to fulfill shortsighted expectations, even at great cost to our futures. We must empower and embolden the Big Nine to shift the trajectory of artificial intelligence, because without a groundswell of support from us, they cannot and will not do it on their own."
Faculty News

Professor Paul Hardart discusses the impact of the recent "Leaving Neverland" documentary on Michael Jackson's estate

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Excerpt from Marketplace -- "Paul Hardart, a clinical professor of marketing at New York University, said he thinks there are songs of Jackson's that are so intertwined with our culture that it will be difficult for them to ever fully go away, but large brands may want to dissociate from Jackson. 'There's lots of licensing in terms of TV, ads, movies, etc. And that's where [the estate] could get hurt a fair amount,' Hardart said."
Faculty News

In an interview, Professor Haran Segram explains how he values tech companies

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Excerpt from Bloomberg -- (28:13) "I pretty much look at the fundamentals of a company... I look at the growth, risk, and cash flows of a company. But here, what we have to think about is this is a brand new disrupting service, so to price something on the fundamentals is always going to be difficult for us. ... Certain disruptive technologies... we have to be a little bit liberal about the fundamental valuations here."
Faculty News

Professor Edward Altman is quoted in an article on bond markets

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Excerpt from De Tijd -- (translated from Dutch using Google Translate) "'The players in this market are very sophisticated,' says professor emeritus Edward Altman of New York University, a world authority in problem bonds. 'In order to be present, you need to be well-placed in the valuation of debts and shares, technical and legal aspects and the trading of fixed-income products, coupled with a very patient, disciplined and proactive asset management.'"
Faculty News

Professor Gavin Kilduff's research on the impact of rivalry on athletic performance is referenced

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Excerpt from SwimSwam News -- "'Rivalry is not necessarily a situation in which two competitors hate one another,' [Kilduff] says. 'It’s more of a situation in which two competitors are inextricably linked to one another. A rivalry will motivate athletes to train harder, to practice longer and typically perform at their absolute best when they are competing with a rival.'"
School News

Professor and Vice Dean for Online Learning Kim Corfman is quoted in a trend story citing how Stern’s new online MS in Quantitative Management aims to attract a new market of students around the world

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Excerpt from the Financial Times -- "New York University’s Stern School of Business announced a radical new departure in its postgraduate teaching this year: its masters in management (MiM) degree was its first to be totally online. 'We are targeting a whole new market,' says Kim Corfman, Stern’s vice dean for MBA programmes and online learning. The aim, she adds, is to attract new student groups from outside the US, where MiM degrees are often more popular than the business school’s core MBA programme."