Experience Stern | News & Events

Excerpt from Columbia Law School Blue Sky blog -- "As the pace of finance continues to reach ever more dizzying speeds, the value of high-quality information and the threats posed by information gaps continue to grow. Given the myriad frictions that stand in the way of optimal policy, leadership, creativity, and a willingness to look to the future and to work across firm, industry, and national bounds are critical to success. Some progress has been made already. More is needed, and we think possible. Only vision and leadership are the missing ingredients."

Excerpt from Law360 -- "Professor Kose John from New York University, the chair of the session at the AEA conference where these papers were presented, commented, 'As the U.S. is potentially approaching the start of another cycle of corporate distress and bankruptcy, academic research such as this is increasingly relevant for policy makers, executives, investors, attorneys, judges and consultants in the bankruptcy space.'"

Excerpt from HBS Working Knowledge -- "As green bonds continue to gain in popularity, the researchers are interested to see if they continue to command a premium price. As more green bonds are issued, especially by government entities in Europe and China, their price could fall due to an increase in supply. On the other hand, as they continue to gain in popularity, more investors could value green bonds, pushing up price due to increased demand."

Exceprt from the Harvard Law blog -- "Investors often ascribe higher valuations to family firms than to non-family firms, especially when founders serve as CEOs, in part due to expectations that owner-manager agency conflicts will be mitigated by the involvement of founding families with strong incentives to monitor. These favorable expectations about family firms extend to those companies’ corporate strategies, in that family firm acquisitions and divestitures have been shown to generate higher shareholder returns than non-family firm acquisitions and divestitures."

Excerpt from Harvard Business Review -- "Paul Romer won the 2018 Nobel Economics Prize for integrating technological innovation into macroeconomic analysis and showing that research and development (R&D) investments are becoming essential to a nation’s progress."

Entrepreneur, investor and ABC “Shark Tank” judge Mark Cuban joined the Stern community for a fireside chat with Professor Greg Coleman and a first-ever “Stern Tank,” featuring three NYU startups.

Excerpt from Chicago Booth Review -- "Studying a number of industries that have become increasingly concentrated in the US, Gutiérrez and Philippon find that the evolution of these same industries across Europe was toward stable or lower concentration. This has been true even though EU companies used similar technologies and faced the same foreign competition."

Excerpt from Forbes-- "Micro-influencers (generally considered to have followings in the range of 10,000 – 50,000) have skyrocketed in favor among marketers as one of the most effective marketing tools. Their engaged followers admire their values and aesthetics and trust them to create great content and bring to their attention brands they should know about."

Excerpt from Bloomberg -- "'They’re being dragged into this -- it’s very volatile for the brand,' said Allen Adamson, an independent branding expert and marketing professor at NYU’s Stern School of Business."

Excerpt from Yahoo Finance --"I think the concerns are a bit overrated. I don’t think China is the biggest driver of the US economy, so I don’t think that that should bring down the US stock market… it’s more psychology and more worries than real data that is driving the market."

Excerpt from Forbes-- "As noted by Professor J.P. Eggers of NYU's Stern School of Business, the 'effect of Amazon imitation should be to decrease innovation in categories sold on Amazon, as firms recognize imitation risk.'"

Excerpt from TopMBA -- “‘This initial engagement helps students define what their career goals are and helps them clearly articulate their skill sets,’ says Briggs.”

Excerpt from The Guardian -- "Alain Bertaud, a former World Bank principal urban planner, said that despite New Zealand being an otherwise 'exceptionally well-managed country' its housing market was in a state of crisis. He said the government’s efforts were being closely watched because they were broadly following global best practice in improving housing affordability."

Excerpt from Ad Age India -- "Social Media is a natural part of a consumer’s multi-device, multi touchpoint consumer journey and brands need to start looking at the most organic, most natural way to become part of that journey."

Excerpt from Financial Times -- "Alice Schnurman, an MBA candidate at Stern, picked a photo of a poster for Alice’s Adventures in Wonderland that has hung in her bedroom since she was a child — a reminder that life is unpredictable. It helped the 27-year-old American convince Stern she was determined and resilient. The application required extra effort, but she was excited to do it. 'Nowadays people feel comfortable with visual media,' she says. 'It made me like Stern a little bit more.'"

Excerpt from Xinhua -- "Li had an in-depth exchange of views with renowned experts from the United States, Germany, Britain, Cuba and Sweden about their advice and suggestions on issues including economic growth, scientific innovation, intelligence manufacturing and environment protection."

Excerpt from Forbes-- "In the Talent Economy, the customer is actually buying the skill and expertise of the Talent - the platform is merely a “market maker” to paraphrase Arun Sundararajan and other pundits, that reduces the inefficiency of traditional employment and staffing markets, and enables the discovery of talent that is otherwise invisible to the customer."

Excerpt from DNA India -- "New York University (NYU) School of Business Professor Amy Webb said there is misplaced optimism as well as fear around AI. 'The key issue for us all to bear in mind is there are nine companies that control the future of AI. We ought to be paying attention to them,' she said."

Excerpt from Inc. -- "Yet Michael S. North, assistant professor of management and organizations at NYU's Stern School of Business, points out several persistent myths that generations often believe about others, especially at work. In a real-world, functional team setting, younger workers don't actually outperform older ones, and older workers aren't really slow to learn new methods and new technologies."

Excerpt from The Wrap -- "'There’s always the threat that once they hook you, they’ll raise the prices later,' NYU business professor Peter Newman says."

NYU Stern faculty are available to offer perspectives on this year’s Super Bowl advertising and marketing trends.

Excerpt from CGTN -- "What's important to understand is that China is at an inflection point... the real question, though, moving forward is what's going to be the political will to reform internally, because it's going to be a long process, particularly looking at the SOE sector."

Excerpt from CNN -- "'The "woke' business strategy will be big theme in 2019, as that's where the money is,' Scott Galloway, founder of the business research firm Gartner L2 and a professor of marketing at New York University Stern School of Business, told CNN Business last week."

Excerpt from CGTN -- "There's significant income inequality because wealth tends to be concentrated on very few founders of successful companies, but, at the same time, the fact that California doesn't have a deficit anymore should also be attributed to the fact that some of these founders paid huge taxes to the state of California and, for example, when Facebook made an IPO, suddenly the California budget was balanced... So it's important to look at the benefits of the high technology industry and not just the inequality they produce."

Excerpt from AFP -- "For Aswath Damodaran, a professor at New York University's Stern School of Business who has researched the company's business model, Netflix's top brass 'don't want to be in the movie business. They want to be in the subscriber business.'"