Faculty News

Professor Stephen Ryan is quoted in a story on Revolution Lighting Technologies' financial reporting issues

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Excerpt from Stamford Advocate-- "'Recognizing revenue prematurely, particularly over numerous years — as appears to be the case here — is generally viewed as a serious accounting error,' said Stephen Ryan, a professor of accounting in New York University’s business school. 'This is suggestive that there were not very good internal controls.'"
School News

Stern's MS in Business Analytics program is spotlighted on its fifth anniversary for its unique curriculum; Roy Lee, Assistant Dean of Executive Programs, and current students Stephanie Grosse Kamphake and Shivika Mehta are quoted

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Excerpt from Poets & Quants -- "'In terms of when we first started the program and the changes that we see, over the years not only the content has changed,' Lee says. 'Yes, we’ve changed our content where analytics is something that’s really also changing. We have obviously a really set tool kit or fundamentals that we do teach. But our curriculum has changed over the years by adding a series of hot topics on things that have been really relevant in the marketplace.'"
Faculty News

Professors Tülin Erdem's and Vishal Singh's joint research on how helping refugees boosts consumer perception of a brand is referenced

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Excerpt from AdAge -- "A new report from the NYU Stern School of Business and the Tent Partnership for Refugees examined purchase behavior for brands that hire refugees, deliver services to refugees or source from refugee businesses, and found that Americans are more likely to buy from such retailers."
Faculty News

"The Coddling of the American Mind," co-authored by Professor Jonathan Haidt, is featured as one of the "Best Books of 2018" by Warby Parker co-founder and co-CEO Neil Blumenthal

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Excerpt from Bloomberg-- "This incredibly thought-provoking book describes the negative impact that social media and overparenting are having on today’s youth. It made me reflect on my own actions, as both a CEO and a parent, and what ways I’ve contributed to today’s 'safetyism' culture. Its core message has stayed with me—and has led me to develop new ways to drive innovation and smart risk-taking at the office, while also helping me to encourage independence and resilience with my children at home."
Faculty News

Professor Anindya Ghose is quoted in a story on the factors influencing pricing and commission rates on sharing economy apps in India

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Excerpt from Quartz -- ""While high-end restaurants and hotels with brand recall could still exist off these platforms—even if it may not be the most lucrative option—'Ola and Uber drivers are entirely reliant on their respective platforms to earn their revenues,' said Anindya Ghose, the Heinz Riehl professor of business at New York University."
School News

Stern's Undergraduate College is recognized for its leadership in providing students with high-quality international experiences

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Excerpt from Poets & Quants -- "As for an international experience, more than 95% of alumni from NYU’s Stern School of Business reported having at least one impactful international experience — more than any other school."
Press Releases

New Research Shows U.S. Consumers Prefer Brands that Support Refugees

Cover of the How Helping Refugees Helps Brands Report
Report from the Tent Partnership for Refugees and NYU Stern demonstrates that when brands support refugees, American consumers – particularly millennials – are more likely to purchase their products.
Faculty News

Professor Paul Romer is featured in an in-depth story about the day he both received the medal for the 2018 Nobel Prize in Economics and got married in Stockholm

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Excerpt from the The New York Times -- "Later in the day, the couple arrived at the Stockholm Concert Hall for a different kind of reception, one filled with celebratory applause and presentation speeches, a diploma and a medal that His Majesty, the King of Sweden, gave Mr. Romer, who is a co-recipient of the 2018 Nobel Memorial Prize in Economic Sciences."
Faculty News

Professor David Yermack's joint research on the financial performance of major endowments is spotlighted

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Excerpt from CNBC -- "'In other words, the typical endowment fund would have earned substantially higher returns if its trustees had followed a simplistic investment strategy of holding 100 percent Treasury bonds and taken no equity market risk whatsoever,' economists Sandeep Dahiya and David Yermack wrote in a new paper."
School News

Research co-authored by the NYU Pollack Center for Law & Business on SEC enforcement actions is highlighted

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Excerpt from the Pensions & Investments -- "Stephen Choi, the Murray and Kathleen Bring professor of law at the NYU School of Law and director of the Pollack Center for Law & Business, in a news release called the uptick in enforcement actions a 'dramatic comeback' for the SEC. 'While we often see end-of-year upticks, the number of actions filed in the second half of fiscal year 2018 was more than triple the number filed in the first half of the year,' he said."
Faculty News

Professor Haran Segram is interviewed for a story on Tencent Music's IPO

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Excerpt from CGTN -- "'IPO would give them greater visibility, it’ll be a known name in the United States once it goes public here, so it’ll raise to the profile of Alibaba – perhaps not to the same market cap – but it’ll give them great, positive publicity in the United States,' finance professor at NYU Stern, Haran Segram said."
Faculty News

Professor Adam Brandenburger is profiled

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Excerpt from mbaMission -- "Students with whom mbaMission spoke reported being consistently impressed by his capacity to make the complex simple in the classroom, stating that Brandenburger is able to take the 'complicated, theoretical and intangible' world of game theory and make it 'easy to understand and practical.'"
School News

Senior Research Scholar Alain Bertaud is interviewed about how markets shape the development of cities, from his new book, "Order Without Design"

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Excerpt from CityLab -- "In Indonesia, they have small urban enclaves, called kampungs, where local residents set minimum standards for housing. The city doesn’t interfere—they just connect up the infrastructure. In practice, most kampungs allow for a lot of small units, giving more people choice in terms of housing size and proximity to employment centers. Both are important. Residents need to earn an income and eventually find a better job. To do that, they have to have housing that they can afford in a location that is convenient to find jobs."
Press Releases

SEC Enforcement Actions against Public Companies Rebound in 2H FY 2018

Henry Kaufman Management Center
The number of new U.S. Securities and Exchange Commission (SEC) enforcement actions against public companies and subsidiaries jumped substantially in the second half of FY 2018, according to a report released today by the NYU Pollack Center for Law & Business and Cornerstone Research.
Faculty News

Professor Robert Seamans weighs in on the relationship between the tech industry and public policy ahead of Google CEO Sundar Pichai's congressional testimony

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Excerpt from Barron's -- "Robert Seamans, a professor of management and organizations at NYU’s Stern School of Business, told Barron’s he was encouraged by the intent of the meeting. But he pointed out the need for educators and venture capitalists to attend such meetings since most innovation in the U.S. comes from universities and lab settings. He’s also concerned the U.S. is losing top-notch A.I. researchers to Canada and U.K. because of the Trump administration’s immigration policy."
Faculty News

Professor Priya Raghubir is quoted in a story on the evolution of the telemarketing industry

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Excerpt from NBC News-- "'I think there will always be a place for an annoying human being to call you,' she said. 'When you have a human being on the line, you do have a much greater opportunity of making a sale. And the telemarketing industry knows that.'"
Faculty News

Professor Scott Galloway comments on Facebook's leadership

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Excerpt from BBC -- "...he says the way to resolve what has become a tortured public debate over whether Ms Sandberg should stay or go is simple: Fire Mark Zuckerberg as well. 'It is unfair that now everyone is calling for her head,' he says. 'The appropriate response is to call for the head of the CEO and the COO.'"
Faculty News

Professor Ari Ginsberg is interviewed about Amazon's new headquarters

Excerpt from KBS -- (5:01) "The second headquarters is the idea realizing that the growth has to come from a new place where there is a pipeline and a flow of talent."
Faculty News

Professor Alixandra Barasch is interviewed about streetwear brand Supreme's unique marketing strategy

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Excerpt from CGTN -- "'Supreme has mastered the art of scarcity or the marketing of scarcity. They have a lot of different goods, but they release them in limited buckets so even the exact same product with different colors can feel scarce within the color that is being offered in that moment,' said Alix Barasch, Assistant Professor of Marketing at NYU Stern."
Faculty News

Professor Thomaï Serdari shares her views on Dolce and Gabbana's controversial ad campaign in China

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Excerpt from Knowledge@Wharton on SiriusXM -- (10:31) "I think it was the right thing to do, because they do have a name to maintain in the market, so they wouldn't want to alienate their own consumers by having products that are not welcome in Chinese culture, so that was the right thing to do. I do believe that Dolce and Gabbana as a company can recover slowly with the right steps."
Press Releases

Professor Paul Romer, 2018 Nobel Laureate in Economics, to Receive Nobel Prize Medal and Diploma During Official Nobel Week Program in Stockholm

Paul Romer
On Monday, December 10, Professor Paul Romer, who was awarded the 2018 Nobel Memorial Prize in Economic Sciences, will receive the Nobel Prize medal and diploma from King Carl XVI Gustaf of Sweden during the official Nobel Week program in Stockholm hosted by the Nobel Foundation, the Nobel Museum and The Royal Swedish Academy of Sciences.
Research Center Events

NET Institute Conference on Network Economics

NYU flags outside of the Henry Kaufman Management Center
On December 7, 2018, distinguished academics from around the world will convene to share their research in the rapidly evolving field of network economics at the 2018 NET Institute Conference, held in partnership with NYU Stern’s Center for Global Economy and Business.
Faculty News

Professor Michael Posner is quoted in a story on Microsoft's recommendations in connection with the regulation of AI

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Excerpt from WIRED -- "'[Tech companies] don’t like government involvement, in any sense, regulating what they do. They have not been as forthcoming with disclosures, and too reticent to give people a heads up on what’s transpiring. They’ve also been very reluctant to work with one another,' Posner says."
Faculty News

Professor Navin Manglani provides tips on how to protect personal data while traveling

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Excerpt from Condé Nast Traveler-- "'You're really creating a personal Wi-Fi network and, unless someone's able to get your password, you're the only one on the network. It’s a lot more secure than joining free airport Wi-Fi,' says Manglani."