Experience Stern | News & Events

Excerpt from The Washington Post -- "'This may be good for Facebook’s business, but I’m not sure it’s good for society at large,' said Paul Barrett, deputy director of New York University’s Stern Center for Business and Human Rights."

Excerpt from City Journal -- "Bertaud’s book Order without Design: How Markets Shape Cities argues that markets provide the indispensable mechanism for cities’ growth. The book is a summation of what Bertaud has learned in a lifetime spent as an urban planner, including a stint at the World Bank, where he advised local and national governments on urban-development policies."

Today, the NYU Stern Center for Sustainable Business launched a new initiative titled, “Invest NYC SDG,” to accelerate New York City’s efforts to build a future economy that is resilient, sustainable and inclusive with $350,000 in support from the Goldman Sachs Center for Environmental Markets and PepsiCo.

Excerpt from Foreign Affairs -- "Michael Posner, director of the Center for Business and Human Rights at the NYU Stern School of Business, recommends that consultants establish clear guidelines for when to decline to work with a government, how to react when a government client asks for help on a matter that violates fundamental rights, and when to disengage from existing but inappropriate government contracts."

Excerpt from the Harvard Business Review -- "In a 2017 study, Xavier Giroud (of MIT’s Sloan School of Management) and Holger Mueller (of NYU’s Stern School of Business) looked at the relationship between business closures and associated unemployment and falling housing prices in various U.S. counties. Overall, the more housing prices declined, the more consumer demand fell, driving increased business closures and higher unemployment."

Excerpt from the The Nation -- "Under this arrangement, what’s good for the company and the government might not be good for consumers. These misaligned incentives played a role in distorting the for-profit education market. 'If anything,' she said, 'in prisons the potential for misaligned incentives is much more extreme.'"

Excerpt from Inc. -- "Why are companies with single founders more likely to survive? The results suggest one explanation. Revenues at companies with multiple founders are lower than those at companies with a single founder."

Excerpt from Fox Nation -- "I think what [employers] will try and do is change the nature of what people do -- to have them add value in some other way. ... I think stirring a little bit of love in the food is OK sometimes, but other times, it's all right to get it without that human touch."

On April 30, the NYU Stern Center for Real Estate Finance Research will host its 8th Annual Spring Symposium, entitled "Impact Investing in Opportunity Zones: Real Estate and Beyond."

Excerpt from Curbed -- "'WeWork has created the physical-world equivalent of a digital platform, generating value by imprinting design onto physical space, which leads to network effects at both the individual and institutional levels,' according to Dr. Arun Sundararajan, professor of business at NYU and author of The Sharing Economy, who is quoted in the report."

Excerpt from Ad Age India -- "For brands that are still not sure, here’s what you are missing out on: close to 60% of millennials are discovering products on Pinterest on a regular basis. Pinteresters are people with a mission, with 90% of weekly uses looking at the channel to help them make purchase decisions. These are not just ‘life moment’ shoppers, but ‘everyday’ shoppers. Which means that if your brand is not in the mix, you will soon be booted out of the weekly grocery list!"

Excerpt from WalletHub -- "I dont believe there is very much. But, for me, personally, I much prefer Visa cards. The Mastercards that I have are through Citibank, and I am unsure whether it is something to do with Mastercard, or something to do with the Citibank tie-up, but they are a lot more inconvenient to use, than, for example, the Visa card I have through Capital One. There does not seem to be a system for an automatic cash-back, for one, and, for the other, there seem to be maximums on the amount of cash-back you get per year. They also charge foreign transaction fees that my Capital One Visa does not."

Excerpt from Forbes -- "'I believe that most of the best entrepreneurs out there have to be immigrants like my grandfather,' Winograd explains. 'When you have nothing and you step into a new country, your instinct for survival forces you to be creative and identify market gaps to find a place for yourself.'"

Excerpt from Financial Times -- "Some current and former HBO executives described a 'country club' culture at the network. 'You had lifers who didn’t have any incentive to rock the boat. HBO was a high-margin cash cow business for Time Warner,' says Mr Edis, who is now a professor of new media at NYU’s school of business."

Excerpt from The Wall Street Journal -- "'The more cooks you put into the kitchen, the more likely there is to be disagreement about what ingredients you should use and so forth,' Dr. Greenberg says."

Excerpt from Quartz -- "'There are a lot of admirable CSR activities including auditing and capacity building and training, even training for improved industrial relations,” she says. Even so, it’s 'business as usual,' she points out, 'plus specific activities that then try to compensate for what business models are causing.'"

Excerpt from Poets & Quants -- "As she scales Pepper after graduation, Winograd believes she learned something critical by being – in the words of one faculty member – 'strategic, focused, and committed' as an MBA student. ... 'by focusing on what matters—by being selective, at times painfully so, about the initiatives I want to take on and social events I want to attend—I’ve found my path as an entrepreneur.'"

Excerpt from TheStreet -- "'You can change your strategy, your advertising, the money you put into research, but the hardest part is to teach old dogs new tricks,' said Allen Adamson, founder of Metaforce and professor at NYU Stern School of Business."

Excerpt from Bloomberg -- "Together with Gabriele Sabato, previously head of risk appetite decisioning at Royal Bank of Scotland Group Plc, Altman founded London-based Wiserfunding Ltd. to calculate the 12-month default probability for businesses with less than 150 million euros ($168 million) of revenue. Their methods cover 19 European countries and have correctly forecast whether a company would default or stay solvent in about 90 percent of cases, Altman said in a phone interview."

Excerpt from Sustainable Brands -- "The idea for the company emerged out a social entrepreneurship course at NYU’s Stern School of Business, where students were asked to develop potential solutions to the problem of organic waste. Undergrads Parker Reposa and Drew Enyedi wanted to create a business that would use food waste as a key input and quickly discovered the potential of coffee grounds — which in recent years have begun being used to make everything from apparel and biofuel to cups and 3D-printing filament."

Excerpt from Axios -- "Some Friedman acolytes came to regret core views, since the pursuit of self-interest sometimes led companies, such as Enron, 'to do things that were not in the interest of shareholders,' said Richard Sylla, a professor emeritus at New York University."

Excerpt from Yahoo Finance -- "Markets are always trying to anticipate what's going to happen and they may well be looking a couple of months, a couple of quarters, down the road. There's, I think, a good case to be made [that] this has been due to a number of one-off things. For example, recovering from the government shutdown that was at the end of the last quarter. There's some one-off international trade things. Look, I would love for this strong growth and low inflation and low unemployment all to persist, but I wouldn't want to bet the farm."

Excerpt from Marketplace -- "Look, if you reduce it [shipping time] from two days to one day, you are going to more than double the volume [of Amazon purchases]."

Excerpt from Forbes -- "To illustrate important themes of the 11th Annual Volatility Institute Conference, 'Financial Volatility in an Age of Geopolitical Risks,' Nobel Laureate Robert F. Engle shared stimulating and often humorous food for thought. 'We are drowning in information but starving for knowledge' John Naisbitt 'At the end of the day, every politician is human, but what about the rest of the day?' Stephen Colbert 'A fool and his money are soon elected.' Will Rogers"

Excerpt from CBS News -- "More unusual is for a deposed founder to see such outsized gains in an IPO involving a company he or she no longer runs, said Arun Sundararajan, a professor at New York University's Stern School of Business. 'I can't recall a time when the single biggest beneficiary of an IPO is no longer involved when they go public,' he said."