Experience Stern | News & Events

Students, academics and practitioners from the non-profit and business communities gathered at NYU Stern on April 14 for a discussion on “Big Data and Sustainable Development,” co-hosted by Stern’s Center for Sustainable Business and The Sustainability Practice Network.

NYU Stern’s Leadership Development Program welcomed Karen Peetz, BNY Mellon president and founder of its women’s network, for an interactive dialogue on diversity in business as part of the School’s Leadership Development Speaker Series.

Excerpt from Diabetes News Journal -- "Melissa A. Schilling, a strategy and innovation expert at the NYU Stern School of Business, conducted a large-scale literature review of published studies on the association between diabetes and Alzheimer’s disease. Despite conflicting reports, Schilling was able to find evidence linking insulin, insulin-degrading enzyme (IDE), and Alzheimer’s, suggesting that avoiding excess insulin, while supporting IDE robust levels, might be key approaches to prevent and lessen the impact of Alzheimer’s disease."
 

Excerpt from Bloomberg -- "Living wills could hamstring banks’ ability to easily move trading books or funding among their various legal entities, according to Brad Hintz, an adjunct professor of finance at New York University’s Stern School of Business. 'That’s the reason why the banks are being very careful about what they promise on this, because the very idea of a universal bank is that you can move everything around the world easily,' Hintz said in an interview on Bloomberg Radio. 'It’s a direct attack on the business model of the banks.'"

Excerpt from The Guardian -- "...the convenience of these pods comes with an environmental cost: they are typically made from partly- or un-recyclable plastic, which ends up in landfills. It’s something that is starting to weigh on consumers’ conscience, according to Tensie Whelan, director of New York University’s Center for Sustainable Business, and former president of the Rainforest Alliance. 'People love the convenience of the single serving, and they’re going to go for convenience over waste,' said Whelan. 'But most people feel guilty about it.'"

Excerpt from Poets & Quants -- "A former PwC consultant, Billings is described by students as a passionate and empathetic teacher who sets the bar high and inspires her classes to strive for greatness. The results speak for themselves: She was recently promoted to associate professor with tenure effective next academic year."

Robert Frank, research scholar at NYU Stern and the Henrietta Johnson Louis Professor of Management at Cornell University, delivered the 2016 Ashok C. Sani Distinguished Scholar-in-Residence Lecture on April 12.

Excerpt from Forbes -- "Selections are made by a team that includes both store buyers and MoMA curators. Both perspectives are important because the Store is considered as an integrated extension of the Museum that reflects the organization’s design philosophies."

Excerpt from The Wall Street Journal -- "And last month, two New York University real-estate professors, Jeanne Calderon and Gary Friedland, released a report that listed 27 major projects that have sought a total of $5.4 billion in EB-5 financing, including multiple large Manhattan-based developers like Tishman Speyer and Harry Macklowe. Nineteen are in New York or Miami, and these projects all come in addition to a similar-sized list the professors compiled last May."

In a new paper published by The Journal of Alzheimer’s Disease, Professor Melissa Schilling, a strategy and innovation expert at the NYU Stern School of Business, uncovers a surprising new connection between diabetes and Alzheimer’s disease: hyperinsulinemia, which is most often caused by prediabetes, early or undiagnosed diabetes, or obesity, is responsible for almost half of all cases of Alzheimer’s disease.

Excerpt from Poets & Quants -- "'Companies are facing these really complex issues of human rights, which are rooted in politics, geography, development and these really complex questions,' Labowitz explains in an interview with Poets&Quants. 'Companies are facing these questions all the time, but they’re not being addressed in business schools.'"

Excerpt from Foreign Policy -- "'We always knew that transnational accountability mechanisms don’t reach every single multinational corporation,' she said. 'But in the last 10 years, we [have seen] this explosion of companies where we have no leverage whatsoever.'"

Excerpt from Forbes -- "As Nobel laureate Michael Spence has argued, the internal growth of economies would never have reached today’s rates without the cross-border flows of resources, capital and technology."

Excerpt from Yahoo Finance -- "'The banks are under severe pressure from this digital intermediation, which could cause them to lose business to new competitors and cause assets to flow out of the banks into someplace not regulated,' says NYU’s Smith. 'For a long time these companies were just little pin pricks, but they can’t be ignored anymore.'"

Excerpt from the Financial Times -- "Authorities need to face the reality that direct evidence will probably be harder to come by, and that proactive reform of deficient structures is needed, coupled with active market screening."

In a new study, Professor Jason Greenberg of the NYU Stern School of Business and Professor Roberto Fernandez of MIT Sloan School of Management find that using the alumni connections of current employees to woo and win talent will yield better results than job offers extended through on-campus recruiting efforts, summer internships or other search channels.

NYU Stern Executive Education is pleased to offer one of the premier courses on global political risk and its impacts on business. Taught by Ian Bremmer, a preeminent thought leader on foreign policy and global political risk, and a team from the prestigious Eurasia Group, this course offers an executive-level assessment of the global risk environment and the basis for determining how politics influences a variety of economic concerns.

Excerpt from The Guardian -- "This polarised image of vulnerable victims needing protection from vilified perpetrators is hardly a promising basis for a mature and respectful exchange of views on campus. It shuts down free speech and the marketplace of ideas."

Excerpt from Financial Times -- "'The jobs coming through the alumni channel are perceived as having significantly better growth potential,' [Greenberg] says, linking this preoccupation with longterm cash flow to the net present value calculations that are a staple of MBA courses. 'They are willing to take less today for a job that has better prospects in the long run.'"

Excerpt from Bloomberg -- "'We are reaching the limits of what monetary policy can do and we have to have the use of fiscal policy,' Roubini said."

Excerpt from PayScale.com -- "The results of this research indicate that when co-workers are at the same status level, they are less likely to support one another than when they have a little more distance between them. Perhaps this is because these employees feel competitive with one another, or they feel that it wouldn't be fair to them and their time to help someone who is in roughly the same place as they are. Similarly, when someone's status is very distant, they are less likely to help out as well. There is, however, a kind of sweet spot where co-workers are most likely to support one another and offer help – a moderate status distance."

Excerpt from Reuters -- "In his new book, 'The End of Alchemy', Mervyn King argues that financial crises arise because people hold mistaken beliefs about an uncertain future. 'Crises don't come out of thin air,' he writes, 'but are the result of unavoidable mistakes made by people struggling to cope with unknowable futures.'"

Excerpt from CBS News -- "'Many large corporations truly believe the administration's attitude on corporate mergers is anti-business and politically motivated,' said Roy Smith, a professor at New York University and a former Goldman Sachs partner, in an email. 'Those more left-leaning think government has to protect the people from greedy corporations, etc. There is no agreed answer to the question. But it seems to be true that the Obama people are more restrictive on M&A than the (Bill) Clinton people were.'"

Excerpt from Bloomberg -- "I would say that part of the yen's strength, and is also the same thing with the euro, has to do with what's going on with the United States. The Fed has gone very dovish. They've now signaled that they're going to hike only, at best, twice a year. Even some Fed governors were talking down the dollar."

Excerpt from The Economic Times -- "I think that increasingly countries are interconnected. If there is a correction in the US, you are going to see it ripple through the globe and you are going to see larger impacts in emerging markets and developed markets. So Indian markets are less about the Indian economy than they used to be, they are all connected to the global economy and that is why these negative interest rates in Europe and Japan are problematic because they are sending a signal about future growth that is not good for the global economy."