Faculty News

Professor Michael North dispels common myths about the multigenerational workplace

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Excerpt from Society for Human Resource Management -- "Myth 1: Younger workers perform better than older ones. It's true that, on average, fluid intelligence—that is, the ability for people to process information quickly—declines with age, North said. But another important aspect of brain power known as crystallized intelligence, which is based on wisdom, experience, and the ability to recognize patterns, remains stable and sometimes increases across the lifespan. Many other key elements integral to strong performance improve with age, including conscientiousness, emotional wellbeing, agreeableness, loyalty and language complexity. 'Research is finally starting to demonstrate that a lot of things get better,' North said."
Faculty News

Professor Arun Sundararajan is interviewed to discuss the implications of Uber's governance changes

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Excerpt from Bloomberg -- "If they can go through with all of the changes to the board then absolutely it is going to emerge a stronger company than it went in this morning. I often feel like you could structure a whole MBA degree around Uber, every dimension from tech to market entry and corporate governance."
School News

Center for Business and Human Rights deputy director Paul Barrett discusses the impact of the Las Vegas shooting on gun control legislation

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Excerpt from WNYC -- "...we do have an additional factor here of that rapid firing audio that now millions and millions of people have heard. Will it change the calculus on legislation? I suppose it's possible that if gun control advocates focus narrowly enough on for example the kinds of devices that turn a semi automatic into an automatic firing weapon, there might be some success. But I think even that would be a long shot with President Trump in the White House."
Faculty News

Professor Scott Galloway discusses Amazon's growth, from his book, "The Four"

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Excerpt from TheStreet.com -- "'The stock will be anti-gravity,' Galloway said in an interview with TheStreet. 'If you look at where Amazon is budding heads against the other three (Apple, Facebook and Google), it's winning everywhere it touches them.'"
Faculty News

Professor Nicholas Economides explains how internet providers' definition of the open internet differs from true network neutrality

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Excerpt from the Center for Public Integrity -- "Internet service providers 'may have a PR position in which they say they love the open internet, but what they mean by open internet, does not include network neutrality,' Economides said. 'It's stuff that lobbyists put around because it sounds good to the average congressman or even the average voter, but it has nothing to do with the public interest.'"
Faculty News

Professor Pankaj Ghemawat shares insights on globalization

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Excerpt from El Pais -- "'Following the victory of Trump and Brexit, there has been a perception that globalization as we know it has died,' Ghemawat says. 'But it has only changed, because trade has remained stable, just like capital flows, but flows of people and, above all, the flow of information have increased.'"
Faculty News

Professor Scott Galloway weighs in on Facebook and Google's efforts to combat fake news, from his book, "The Four"

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Excerpt from the Financial Times -- "'There’s a way — the fact is, they don’t have the will,' said Scott Galloway, a professor of marketing at New York University and author of The Four, a new book about Amazon, Apple, Facebook and Google."
Faculty News

Professor Sinziana Dorobantu comments on the potential impact of Charter Communications' labor dispute with its technicians

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Excerpt from The Stamford Advocate -- "It’s really important for companies to pay attention to all of their stakeholders,' said Sinziana Dorobantu, an assistant professor of management and organizations in New York University’s business school. 'It’s pretty obvious that employees are very important stakeholders for any company, in particular for companies like Charter that are relying on people out there in the field who interact with their customers on a regular basis.'"
Faculty News

Professor Adam Alter shares how using social media exclusively from a desktop can help reduce its addictive nature

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Excerpt from WIRED -- "It’s not as fun to use social media on a computer—and that’s a good thing, says Adam Alter, a professor at NYU’s Stern School of Business and author of the book Irresistible, which charts the rise of addictive technology. 'The feed doesn’t progress quite as neatly as when you're using a very simple finger swipe gesture,' he says. 'You have to scroll the mouse or do something that requires a little extra effort, and even that little bit of extra effort can have an effect on how we experience the world.'"
Faculty News

Professor Arun Sundararajan explains why retailers have a natural synergy with sharing economy platforms such as Handy and TaskRabbit

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Excerpt from WIRED -- "'Online retail is going to grow dramatically in the next decade. It’s under 10 percent now, but there’s no reason it won’t be over 20 percent in five years,' says Arun Sundararajan, a business professor at NYU and author of The Sharing Economy. 'Physical-world extensions of digital commerce are going to be an increasingly important part of the retail experience.'"
Faculty News

Professor David Yermack shares his thoughts on regulation and security of virtual currencies

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Excerpt from Reuters -- "'These are new assets. No one really knows what to make of them,' said David L. Yermack, chairman of the finance department at New York University’s Stern School of Business. 'If you’re a consumer, there’s nothing to protect you.'"
Faculty News

Professor Alexander Ljungqvist's joint research on corporate investments and Professor Thomas Philippon and PhD student Germán Gutiérrez's joint research on investment in US firms is featured

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Excerpt from Bloomberg -- "A 2010 paper by economists John Asker, Joan Farre-Mensa and Alexander Ljungqvist found that closely held companies tend to invest more than similar publicly listed companies, and also tend to be quicker to respond to new investment opportunities. ... Meanwhile, economists German Gutierrez and Thomas Philippon have a recent paper investigating the causes of low business investment. They find that the more public companies are owned by institutional investors, the less they tend to invest."
Faculty News

Professor Arun Sundararajan is interviewed about the future of Amazon, Apple and Google and the role artificial intelligence will play in their successes

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Excerpt from Fox Business -- "If I look forward 10 years, we will be speaking to our devices rather than pressing them. All of these services - healthcare, retail - will be integrated tightly into this intelligent device. So Apple, Google and Amazon are all battling to be the device that you talk to." (0:37)
Faculty News

Professor Melissa Schilling's research underscoring the importance of cognitive diversity on research teams is referenced

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Excerpt from The Washington Post -- "Analyses by a diverse group of scholars including Brian Uzzi, Daniel Romero, Lada Adamic, Richard Freeman, Melissa Schilling and Brian Jones shows that the best research and patents is produced by cognitively diverse teams. Some of these studies cover upward of 20 million papers and 5 million patents."
Faculty News

Professor Alixandra Barasch's joint research on the impact of using a candid profile photo on social media is highlighted

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Excerpt from Knowledge@Wharton -- "In, 'A Candid Advantage? The Social Benefits of Candid Photos,' Berger and co-author Alixandra Barasch of New York University compare audience reactions to posed vs. candid photos in online profiles. When observers viewed profiles that displayed unvarnished images — or those that seemed to be unvarnished — they reported feeling more connected to those people and more interested in getting to know them."
School News

12 MBA students from Stern's ​Cl​ass of 2019 are profiled; Vice Dean Raghu Sundaram highlights​ the “Stern Solutions” ​experiential learning program​; Associate Dean of MBA Admissions Isser Gallogly stresses the importance of EQ

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Excerpt from Poets & Quants -- "Sundaram tells Poets&Quants he wants to elevate Stern’s commitment to experiential learning through its “Stern Solutions” program. His vision, he says, is to intensify the program’s emphasis on developing leaders who can grasp the big picture, turn transformation into opportunity, and thrive in an ever-changing global climate. 'We will provide more students with more opportunities to participate, while deepening our relationships with companies that value the fresh insights Stern MBAs can bring to the table,' he shares."
School News

Five MBA1s are featured in the Real Humans of the MBA Class of 2019 series

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Excerpt from Clear Admit -- "Perhaps not surprising, NYU Stern’s New York City location factored highly into the decision-making process for many of the students we asked. But so too did its community—including how approachable and friendly current students were to prospective students and the school-wide emphasis on IQ + EQ (emotional quotient)—and its curriculum, which has a strong core but also gives students the opportunity to explore electives early on and offers specializations in things like luxury marketing and technology."
Faculty News

Professor Jonathan Haidt's work on the influence of morality on political viewpoints is referenced

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Excerpt from The New York Times -- "In contrast to Republican primary voters who supported candidates other than Trump, they noted, voters who supported him 'score high on authority/loyalty/sanctity and low on care.' These voters, according to Ekins and Haidt, 'are the true authoritarians — they value obedience while scoring low on compassion.'"
Faculty News

Professor Scott Galloway shares his views on Facebook's controversial advertising segments

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Excerpt from The New York Times -- "Scott Galloway, a marketing professor at New York University and author of a forthcoming book on the big tech companies, said Facebook should not necessarily ban content that celebrates institutions like the Confederacy or the Wehrmacht and advertising that targets people interested in these subjects. But he said allowing this content and selling ads around it should reflect on Facebook the same way it would reflect on, say, CNN or The Washington Post. 'I think it’s fairly cut and dried,' he said. 'Their responsibility is the same as any other media company.'"
Press Releases

NYU Stern Announces Three New Scholarship Funds to Support High-Achieving Transfer Students from Community Colleges

Henry Kaufman Management Center
New York University’s Stern School of Business is pleased to announce the establishment of three new scholarship funds for high-potential students transferring from a two-year community college who have been admitted to the Undergraduate College. The scholarships, the first of their kind for transfer students, are made possible thanks to the generosity of Howard Meyers, BS ‘64 and his wife Rory Meyers; Pamela Craig, MBA ‘84, and her husband Robert V. Delaney Jr., MS ‘82; and Martin Cohen, MBA ‘76 and his wife Michele Cohen, all of whom believe in the transformative power of scholarship. Their scholarships help support Stern’s Access Initiative, which aims to create more full-need undergraduate scholarships for talented, low-income students with the brightest future potential. 
Faculty News

In an op-ed, Research Scholar Elad Sherf offers insights on engaging men in workplace gender parity initiatives

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Excerpt from the Harvard Business Review -- "The lack of men’s involvement in gender parity initiatives is a problem. Participation in such initiatives can help change men’s minds about the importance of gender parity at work. For example, research suggest that even men who initially hold negative or sexist attitudes regarding the role of women in the workplace become more supportive of gender parity programs (more effectively implement them, for example) when they are actively included in conversations about such programs."
Faculty News

Professor Scott Galloway comments on the increased popularity of co-working spaces

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Excerpt from NPR -- "It's a business model that's relatively easy to replicate, so companies like WeWork are vulnerable, says New York University marketing professor Scott Galloway. 'There are a lot of organizations that own real estate that could probably offer somewhat of a me-too model,' including hotels, he says."
Business and Policy Leader Events

Cocktails & Conversation with Dean Peter Henry and Vice Dean Raghu Sundaram in Washington, DC

On September 25, NYU Stern School of Business Dean Peter Henry and Vice Dean Raghu Sundaram invited current students, alumni and community members to join them for an evening to celebrate the launch of Stern’s Executive MBA (EMBA) Program in Washington, D.C., at NYU’s D.C. location, as the University celebrates its fifth-year anniversary in the nation’s capital. 
Faculty News

Professor Aswath Damodaran shares his views on bitcoin's status as a currency

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Excerpt from CNBC -- "'It's not acting as a currency,' Damodaran said. 'The plumber has to say: "I accept dollars or Bitcoin." Would you be willing to put Bitcoin in your pocket and leave for a one-year trip knowing you're going to survive? We're no where near that comfort.'"
Faculty News

Professor Adam Alter shares insights from his research on the impact of names on a person's success

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Excerpt from CBS -- "In law firms, Alter says, people with simple names tend to make partner faster. In politics, with the notable exception of former President Barack Obama, fewer syllables generally mean more votes. 'People vote more for people with simpler names,' he said. 'We've got some results showing that.'"