Faculty News

Professor Paul Romer's comments on the Augmenting Compatibility and Competition by Enabling Service Switching (ACCESS) Act are featured

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Excerpt from MarketWatch -- "The senators’ measure has drawn support from some experts, such as Nobel-winning economist Paul Romer. 'We must get back to the conditions that make markets work: when consumers know what they give a firm and what they get in return,' Romer said in the lawmakers’ press release. Mandating portability will give people 'a realistic option of switching to another provider,' he added. The bill’s lengthy full name is the Augmenting Compatibility and Competition by Enabling Service Switching Act."
Press Releases

NYU Stern Broadens Scope on Risk Assessment and Management with its Newly Expanded Volatility and Risk Institute

NYU Stern campus
New York University Stern School of Business announced today that it is expanding the scope and renaming its celebrated Volatility Institute the Volatility and Risk Institute (VRI). 
School News

Research from Stern's Center for Business and Human Rights on disinformation and its impact on the 2020 elections is mentioned

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Excerpt from The Washington Times -- "Experts have warned recently that Facebook remains vulnerable ahead of 2020, however, and Instagram maybe more than ever. A report published last month by the New York University’s Stern Center for Business and Human Rights warned that Instagram’s focus on images rather than words makes it an 'ideal venue' for spreading easy-to-digest disinformation, weeks after Facebook’s former head of security raised similar concerns."
Faculty News

Professor Amy Webb comments on the capabilities of MindMeld, an artificial intelligence-powered, voice-enabled app

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Excerpt from Financial Times -- "Amy Webb is a futurist and founder of the Future Today Institute, which helps leaders look ahead and anticipate change. Also a professor of strategic foresight at New York University’s Stern School of Business, she recalls an early demonstration of a voice-powered app from a start-up called MindMeld."
School News

Data from the Securities Enforcement Empirical Database (SEED) on SEC settlements with public companies, jointly created by the NYU Pollack Center for Law & Business, is featured

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Excerpt from Financial Times -- Data from the Securities Enforcement Empirical Database (SEED) on SEC settlements with public companies, jointly created by the NYU Pollack Center for Law & Business, is featured.
 
School News

Center for Business and Human Rights Deputy Director Paul Barrett explains how a network of Russian-backed accounts utilizes Instagram to spread political disinformation

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Excerpt from The Washington Post -- "'We are seeing again that the aim of the Russians is not exclusively to favor one candidate over another but to create divisiveness within the electorate overall,' said Paul M. Barrett, deputy director of New York University’s Stern Center for Business and Human Rights. 'The reason that networks of phony accounts are drawn to Instagram is because disinformation is increasingly visual in nature, and that’s what Instagram specializes in.'”
School News

Stern’s Center for Sustainable Business is highlighted as a leader in the space, noting Director Tensie Whelan’s leadership in sustainability research and work with Director of Academic Research Tracy Van Holt

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Excerpt from Financial Times -- "When Tensie Whelan, the former president of the Rainforest Alliance, joined New York University’s Stern School of Business, it was on condition that it establish a centre to support serious research into sustainability. Now she is running Stern’s Centre for Sustainable Business, she says: 'I’m looking at designing research that will help us best understand how to best design the next stage of capitalism.'”
Faculty News

Lord Mervyn King argues that the lack of an approved Brexit deal prevents the UK from addressing its underlying economic issues

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Excerpt from Telegraph -- Mervyn King, the former Governor of the Bank of England, warned today that Brexit has dragged on 'far too long' and was preventing Government from addressing underlying issues within the UK economy."
Faculty News

Professor Scott Galloway's blog post about the market's shifting appetite from growth to margin is featured

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Excerpt from Business Insider -- "Scott Galloway, the best-selling author and well-known tech-industry pundit, is a professor of marketing at New York University's Stern School of Business. His weekly business videos at Section4 and Winners & Losers have generated millions of views."
Faculty News

Professor Adam Brandenburger offers ideas for how organizations can spur creativity and more effectively brainstorm

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Excerpt from The Holmes Report -- "Adam Brandenburger, a professor at the New York University Stern School of Business who researches, writes and teaches about creativity, suggests two teams can strategize more creatively than one. Team A lists the strengths in your organization. Team B lists weaknesses. Then the teams swap lists."
 
Student Club Events

NYU Stern's 13th Annual Luxury & Retail Conference

Kaufman Management Center
On Friday, October 18, the Luxury & Retail Club will host its 13th annual conference, themed "Entrepreneurship, Innovation, and Incubation."
Faculty News

Professor David Yermack offers thoughts on the demand for Ether futures contracts

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Excerpt from CoinTelegraph -- "Futures are simply contracts to buy or sell a designated quantity of an asset at a specified price and date, and they are particularly useful when the underlying asset is volatile, which is the case with Bitcoin — and to a lesser degree with Ether, as David L. Yermack, professor at NYU Stern, noted to Cointelegraph."
Faculty News

Professor Michael Posner comments on the US State Department's sanctions targeting Chinese officials over their involvement in human rights abuses in the Chinese region of Xinjiang

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Excerpt from Yahoo News -- “'The commander-in-chief is the primary spokesperson for the United States,' said Posner. 'And if he’s not echoing or even leading in the same direction as Secretary [of State Mike] Pompeo … it allows somebody like Xi Jinping to say ‘I’ll listen to the guy I’m talking to – the president – and I can ignore the rest’.'”
Press Releases

Endless Frontier Labs at NYU Stern Selects 50 Science-and Technology-Based Startups for Its 2019-2020 Cohort

Deepak Hegde speaks to students
Today, Endless Frontier Labs (EFL) at NYU’s Stern School of Business is announcing that after a successful admissions cycle, it has selected 50 early-stage science- and technology-based startups for its 2019-2020 cohort.
Research Center Events

Executive Education Short Course: Sustainability Training for Business Leaders

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This course is designed to assist executives in developing the knowledge, skills and perspective they need to understand and address these environmental and social challenges, and build companies that meet the needs of society while delivering economic returns to shareholders and stakeholders.
Faculty News

Professor Ari Ginsberg shares his thoughts on how WeWork's troubles may impact NYC's commercial real estate market

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Excerpt from CityLab -- "'The truth of the matter is that this is not an industry that [WeWork] really created,' says Ari Ginsberg, professor of entrepreneurship and management at New York University’s Stern School of Business. 'A lot of the light that was on this industry was shown on them. When investors started questioning if is there’s a there there, they began to question whether they had a solid business model.'”
Faculty News

In a co-authored op-ed, Professor Marti Subrahmanyam explores the effects of a financial market phenomenon known as the empty creditor problem

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Excerpt from The Conversation -- "In September 2019, the 178-year-old global tour operator Thomas Cook “ceased trading with immediate effect.” The collateral damage associated with the liquidation was considerable: more than 20,000 employees without work, an estimated 600,000 travellers stranded around the world and repatriation and customer compensation costs north of 600 million British pounds, or almost $1 billion."
Faculty News

Professor Alixandra Barasch shares how emotional displays by candidates at the recent Democratic Debate affect status and power

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Excerpt from Fortune -- "'I study the psychology of how groups emerge and how you kind of see subgroups within the field ganging up on the common enemy,' said Barasch, NYU Stern professor. 'You kind of saw that,' she said of Tuesday’s debate and the dynamics with Warren."
 
School News

A $5 million gift to Stern by Elizabeth Elting (MBA '92) to support the advancement of women in business is highlighted

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Excerpt from Inside Philanthropy -- "New York University’s Stern School of Business announced that it received a $5 million gift from alumna Elizabeth Elting (MBA ’92), the single largest gift from a self-made woman in the school’s history. With her gift, Elting aims to champion the next generation of talented and entrepreneurial women affiliated with her alma mater."
Faculty News

Professor Lawrence White explains the challenges associated with profit-sharing arrangements

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Excerpt from Inside Sources -- "Conservatives and progressives alike often talk about closing tax loopholes to ensure a fairer, more just tax system. Sonenshine and Lawrence White, a professor of economics at New York University’s Leonard N. Stern School of Business who describes himself as 'markets-oriented,' approve of eliminating offshore tax havens and raising the corporate tax rate a little bit — not quite to 35 percent, but maybe around 25 percent, they said."
Faculty News

Professor Paul Hardart explains how Netflix's swift response to enactment of Georgia's Heartbeat Bill impacted the entertainment industry

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Excerpt from CNN Business -- "'Ted Sarandos has done a great job of seeing things before they happen,' Paul Hardart, director of NYU's Entertainment, Media and Technology Program and a former film industry executive, said in an interview with CNN Business. 'He made a strong statement, and a lot of other studios followed,' Hardart added. 'It shows the power of Netflix to set the agenda for Hollywood in a way that other studios didn't in the past. I give him a lot of credit for having conviction.'"
School News

An open letter to US policymakers, signed by Dean Raghu Sundaram and more than 60 b-school deans and business leaders, underscoring the importance of international mobility to the global economy is highlighted

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Excerpt from The Washington Post -- "'The leaders from the business schools of Yale, Columbia, Stanford, Duke and New York University and others want the Trump administration to remove the limits on visas granted to individual countries, reform the H-1B visa program to increase the chances that top skilled talent gains entry to the U.S., and even create a so-called “heartland visa” to encourage the flow of such skilled workers to parts of the U.S. 'that could most use the vitality of these talented individuals.'”
Research Center Events

Fireside Chat with François Villeroy de Galhau

Kaufman Management Center
On Wednesday, October 16, NYU Stern's Center for Global Economy and Business will host a fireside chat with Banque de France Governor François Villeroy de Galhau.
Faculty News

Professor Edward Altman underscores the importance of governance factors on the accuracy of default risk models

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Excerpt from Expert Investor -- "Edward Altman, a professor of finance at the Stern School of Business in New York, whose work contributed to Klein’s research, pointed to the importance of governance factors. 'The accuracy of our default risk models improves by about 20 to 25% when we add both governance and macro factors to the financial data of our credit models for small and medium sized firms,' he said."
School News

Center for Business and Human Rights Deputy Director Paul Barrett explains how Facebook's ad policy allows politicians to spread falsehoods

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Excerpt from The Hill -- “'The policies they’ve announced are an explicit invitation to politicians to spread falsehoods,' Paul Barrett, the deputy director of the New York University’s Stern Center for Business and Human Rights, told The Hill. 'And that is not something that we ought to applaud.'”