Faculty News

Professor Andres Liberman discusses how balance transfers and personal loans can help borrowers save on interest when consolidating debt

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Excerpt from WalletHub -- "Some people do not correctly anticipate how much more interest they will pay, and as a result end up paying too much. A personal loan typically has a defined schedule of payments. This may be helpful for people who have trouble estimating how much interest they will pay and as a way to organize their repayment."
Faculty News

Professor Melissa Schilling's co-authored research on how digital platforms manipulate the promotion of the products available in their ecosystems is featured

Excerpt from Recode -- "'The owner of the platform manipulates who succeeds or who fails,' one of the report’s authors, NYU Stern Professor Melissa Schilling, told Recode."
Faculty News

Professor Scott Galloway comments on the tech industry's use of inspirational language in mission statements

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Excerpt from The New York Times -- "'Peloton is talking about delivering happiness and connecting people,' Mr. Galloway said. 'No: You sell exercise equipment.'"
Press Releases

Platform Owners Decide Which Offerings Become Stars, New Research Finds

Melissa Schilling
New study from faculty at UCL School of Management, NYU Stern School of Business and the University of Auckland Business School shows that sophisticated platform owners manipulate which products rise to the top of featured listings.
Research Center Events

Digital Innovation Conference: Platform Strategy

Digital Innovation Conference: Platform Strategy
NYU Stern's Fubon Center for Technology, Business, and Innovation will host Stern’s first Digital Innovation Conference on September 27, 2019. The focus of this year's conference will be Platform Strategy.
Faculty News

Professor Robert Seamans is quoted in a story on the importance of understanding AI logic in strategic management

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Excerpt from Fortune -- "'It is not about just spitting out a probabilistic outcome,' Seamans says. 'You will need everyone on board with the course of action, and if you can’t explain the rationale, you won’t be able to do that.'"
Faculty News

In a live interview, Professor Arun Sundararajan shares his outlook on Peloton's IPO and business model

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Excerpt from Bloomberg -- (15:35) "This is really a product that is category-defining. It has defined the first realistic middle ground between boring home exercise equipment and going to a studio, going to a fitness class, so I'm bullish about the company, but I think that they have to make a few smart strategic moves in order to justify and grow their valuations."
Faculty News

Professor Alvin Lieberman's remarks at the Future of Television conference are highlighted

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Excerpt from nScreenMedia "At the Future of Television show in New York this week, Al Lieberman, Executive Director Entertainment, Media, and Technology Program at NYU Stern, opened the event with a short speech. He left the audience with a brief prescient thought: 'Change and risk define where we are in the industry.'"
Faculty News

Professor Baruch Lev's joint research on value investing is cited

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Excerpt from MIT Sloan Management Review -- "The section on 'investing in our employee' sounds like Henry Ford introducing the $5/day wage plus other services for employees in 1914. But Ford was trying to retain low-skilled workers engaged in repetitive tasks, whereas today's companies are competing for high-skilled people. Overall, the statement reads like an acknowledgment of larger societal shifts and less [as a] changing force itself."
Faculty News

In a radio interview, Professor Haran Segram discusses WeWork's valuation and corporate governance

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Excerpt from Knowledge@Wharton -- "They have to survive a recession and prove [that this] business model can survive, and then they should go public. If they rush it, I think it's going to be a misfire."
Research Center Events

NYU Stern’s Business & Society Program hosts event on Digital Finance for the Sustainable Development Goals with the UN Capital Development Fund

"Digital Finance for the Sustainable Development Goals" event attendees
Timed to the opening of the General Assembly of the United Nations this fall, NYU Stern's Business & Society Program and the UN Capital Development Fund (UNCDF) hosted "Digital Finance for the Sustainable Development Goals," co-sponsored by Stern clubs Net Impact and Economic Development Group.
Faculty News

Professor Anindya Ghose explains the impact of frequent online sales on Amazon and Flipkart in India

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Excerpt from Quartz -- "'Deep discounts can have detrimental erosion effect on the value of products and services in the mind of the consumer, especially if it is done frequently and for an extended duration,' Anindya Ghose, the Heinz Riehl professor of business at New York University’s Stern School, told Quartz."
Faculty News

In a live interview, Professor Thomas Philippon offers insights into the economic differences between France and the United States, from his forthcoming book, "The Great Reversal"

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Excerpt from CNBC -- "One simple way to look at it is, I came to the US 20 years ago and 20 years ago, internet service, cell phone plans, airline tickets -- all of that was much cheaper here than in France. And today, when you fly around the world, you realize it's the opposite."
School News

Undergraduate business student Ingrid Adams is featured in Insider's "A Day in the Life" series

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Excerpt from Insider -- "Adams then made her way back to the business school building to complete her second lab session. Not far away, in the same building, Adams had her first class of the day called "Patterns of Entrepreneurship" where she pitched a new business opportunity in front of her class. Stern is consistently ranked among the nation's best."
Faculty News

Professor Allen Adamson discusses the leadership changes at WeWork

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Excerpt from Business Insider -- "'He's not going to accept change easily,' Adamson adds. 'Once your head gets that big, you're not going to take directions from an operations, management bean counter type. But that's what's required to get this back on track. It's going to be painful. Lots of people are going to lose money.'"
 
School News

Elizabeth Elting's (MBA '92) $5 million gift to Stern to create fellowships and a venture fund affiliated with the School's Endless Frontier Labs is featured

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Excerpt from Philanthropy News Digest -- "The largest gift from a woman entrepreneur in the school's history will support, over ten years, Elizabeth Elting Women's Leadership Fellowships for a total of forty female MBA students who demonstrate academic merit and, in association with the school's Endless Frontier Labs program, provide seed capital to twenty women-led businesses through the Elizabeth Elting Venture Fund."
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 The Chronicle of Philanthropy -- "Elizabeth Elting donated $5 million through her eponymous foundation to establish the Elizabeth Elting Women’s Leadership Fellowship, which will support 40 female MBA students; and to back an additional 20 women-led businesses through the Elizabeth Elting Venture Fund."
Press Releases

Earnings of Private European Firms Are More Reliable Than Those of Public Firms, New Research Finds

Paul Zarowin, Massimiliano Bonacchi
New study from faculty at NYU Stern, University of Bolzano and Bocconi University shows that earnings reports are more reliable from private vs. public consolidated firms in Europe 
Research Center Events

Executive Education Short Course: Finance and Accounting for Non-Finance Executives

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This program equips executives with a general understanding of accounting and financial principles as they relate to organizations' operations and decision-making processes. It also prepares financial analysts and investors with a general understanding of the valuation content and limitations of financial statement information.
School News

Professor Steven Koonin's Climate Science course is cited in a trend story on the most interesting new courses for MBAs at top b-schools

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Excerpt from Poets & Quants -- "It is one of a few cases across the country where B-schools are tackling what many in business and graduate management education consider the most important issue of our time; NYU Stern‘s Climate Science: Realities & Risks of a Changing Climate, taught by Steve Koonin, is another."
School News

The Center for Business and Human Rights' receipt of the GCFA North Star Award for its research on working conditions in Ethiopia's garment sector is featured

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Excerpt from Elle -- (Translated from Italian using Google Translate) "The GCFA North Star Award: NYU Stern Center for Business and Human Rights and the Union of Concerned Researchers in Fashion, two organizations that have combined global research with sustainability issues."
Faculty News

Professor Jonathan Haidt's co-authored book, "The Coddling of the American Mind," is highlighted in a roundup of new books in paperback

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Excerpt from The New York Times -- "Decrying 'safetyism' at elite colleges, the authors link rampant anxiety to overparented students with impossible expectations of protection. Our reviewer, Thomas Chatterton Williams, praised the 'disturbing and comprehensive analysis of recent campus trends.'"
Faculty News

In a live interview, Professor Michael Spence discusses Federal Reserve monetary policy

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Excerpt from Bloomberg -- "If you look back over history, we get occasional dislocations, which are basically liquidity crunches in the financial system, and the Fed has demonstrated, yesterday and on other occasions, a capacity to deal with it..."
School News

Federal Reserve Bank of Boston President and CEO Eric Rosengren's remarks at a conference hosted by the Salomon Center for the Study of Financial Institutions are featured

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Excerpt from The Wall Street Journal -- "There are 'risks of tailwinds and costs to monetary policy being too accommodative,' Mr. Rosengren said in the text of a speech to be delivered Friday at an event at New York University. 'Additional accommodation is not needed for an economy where labor markets are already tight—and risks further inflating the prices of riskier assets, and encouraging households and firms to take on what may be too much leverage.'"
 
Faculty News

Professor Allen Adamson discusses the role of mascots in brand marketing

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Excerpt from Business Insider -- "'Cute doesn't cut it,' Allen Adamson, adjunct professor of marketing at NYU Stern and cofounder of marketing company Metaforce, told Business Insider. 'The challenge is when you create an icon that you burn into someone's head, whether it's the Laughing Cow or the Trix Rabbit, then the trick is, how do you have it do more?'"