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

<None>
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

Poets and Quants logo
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

Elle Magazine logo 192 x 144
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

The New York Times Logo
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

Bloomberg Businessweek logo
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

Wall Street Journal logo
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

Business Insider logo
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?'"
Faculty News

Professor Gustavo Schwed is quoted in a story on recurring revenue loans

Bloomberg logo
Excerpt from Bloomberg -- "'The market is getting more aggressive as it often does towards the top of the cycle,' said Gustavo Schwed, a former partner at private equity firm Providence Equity Partners who is now a professor at New York University Stern School of Business. 'That’s when people get creative.'"
 
School News

Paul Barrett, deputy director of the Center for Business and Human Rights, explains the Center's new report on disinformation in the upcoming elections

MSNBC logo
Excerpt from MSNBC -- "[Sources of disinformation] range from individuals on peripheral sites like 4Chan and 8Chan -- there's a lot of explicit racist activity... all the way up to the President of the United States, who uses Twitter, on many occasions, to make pronouncements that turn out to be completely false."
Faculty News

Research from Professor Aswath Damodaran explaining the difference between voting and non-voting shares is referenced

Livemint logo
Excerpt from Livemint -- “'The difference between voting and non-voting shares should go to zero if there is no chance of changing management/control,' says corporate finance expert, Aswath Damodaran of New York University, in a paper titled The Value of Control."
Research Center Events

Where Are We in the Credit Cycle? Outlook for Credit Markets

NYU flags outside of the Henry Kaufman Management Center
The NYU Stern Salomon Center for the Study of Financial Institutions will co-host an event entitled, "Where Are We in the Credit Cycle? Outlook for Credit Markets," on Friday, September 20.
Faculty News

In a podcast interview, Professor Vasant Dhar shares insights on search engine marketing, data privacy and search redirection

RawDataPodcastLogo 192 x 144
Excerpt from Raw Data Podcast -- "Google knows your intent... They have all of these data points on you that they've gathered from your daily interaction with the world via the internet...So they see it all. And they're able to paint a very rich picture of you."
Faculty News

Professor Paul Hardart is interviewed for a story on viewer brand awareness among streaming services

Morning Consult logo 192 x 144
Excerpt from Morning Consult -- "Hardart said this may be a competitive strategy to lure subscribers. As companies pursue recognizable intellectual property — citing Amazon Prime Video’s work developing a 'Lord of the Rings' television series as an example — the networks and streaming services are 'finding things that are brands themselves that will bring their people in to get the service,' he said."
Faculty News

Professor Baruch Lev's book, "The End of Accounting," is cited

In the Black logo 192 x 144
Excerpt from In the Black -- "In his book The End of Accounting and the Path Forward for Investors and Managers, Lev suggests that financial reports have largely become an exercise in compliance, as opposed to an information-sharing activity that reflects strengths such as a great brand or unique business processes such as Amazon’s and Netflix’s customer recommendation algorithms."
Faculty News

Professor Adam Brandenburger discusses partnerships between rival firms, from his co-authored book, "Co-Opetition"

Forbes logo
Excerpt from Forbes -- "Among the most striking current examples of coopetition, says Brandenburger, is that between Apple and Samsung. While Samsung’s Galaxy and Apple’s iPhone are competing products, Samsung at the same time continues to be one of Apple’s main suppliers (the company supplies screens to Apple)."
Research Center Events

An Evening with charity: water’s Scott Harrison

Scott Harrison
NYU students and alumni convened at NYU Stern for an evening with NYU alumnus Scott Harrison (CAS '98), founder and CEO of charity: water, New York Times bestselling author and NYU’s 2018 Alumni Changemaker of the Year.  The special lecture was jointly organized by the NYU Stern Center for Sustainable Business, NYU Stern Business and Society Program, NYU Wagner Graduate School of Public Service, NYU College of Arts & Science Department of Environmental Studies and NYU Stern Undergraduate College.
Faculty News

Professor Kim Schoenholtz's joint research on corporate capital expenditure is referenced

Reuters logo
Excerpt from Reuters -- "Companies do not rely primarily on loans to pay for new factories and equipment. Between 1980 and 2017, 80% of the cash for corporate capital expenditure in the United States came from retained profit, according to economists Stephen Cecchetti and Kermit Schoenholtz."
Faculty News

Professor Aswath Damodaran is interviewed for an article on Netflix's growth

Financial Times logo
Excerpt from Financial Times -- "'For a decade, [Netflix has] spent more and more money on content to get users and increase market capitalisation, and it worked,' Aswath Damodaran says. 'But the question is: how do you get off this treadmill? At some point spending 75 per cent of every dollar on content won’t be sustainable. The next year is going to be the big challenge.'"
 
School News

Five Full-time MBA students from Stern are profiled in Clear Admit's "Real Humans of the MBA Class of 2021" series; Executive Director of MBA Admissions Lisa Rios comments on the student experience at Stern

Clear Admit logo
Excerpt from Clear Admit -- "When asked, 'Why the Stern School of Business?' students of the incoming NYU Stern Class of 2021 applauded the customizable curriculum and the school’s New York City location as highest on their list of reasons. Candidates can choose up to 3 specializations from over 20 options and can take up to one quarter of their classes for the degree with NYU Stern’s international partner institutions. In regards to location, Lisa Rios, executive director of MBA admissions at Stern, said, 'We make the student experience all about transformation, and we leverage our home in NYC and our deep connection to industry to make that happen.'"
Press Releases

Jihoon Rim Joins NYU Stern as an Executive-In-Residence

Jihoon Rim
Jihoon Rim, Executive Advisor & Former CEO of Kakao, joins Stern as an Executive-In-Residence. Rim will work directly with Stern’s Fubon Center for Business, Technology, and Innovation; he also serves as an adjunct professor in the Technology, Operations, and Statistics Department and is involved with the Andre Koo Technology and Entrepreneurship MBA Program.
Research Center Events

NYU Students, Alumni and Faculty Learn More about Stern’s $300K Entrepreneurs Challenge

Professor Deepak Hegde addresses the crowd
Kicking off another year of the $300K Entrepreneurs Challenge at NYU Stern, the School’s  W. R. Berkley Innovation Labs hosted its annual Kick-Off & Info Session.
Faculty News

Professor Lawrence White shares his views on Senator Bernie Sanders' proposed housing plan

The Real Deal logo
Excerpt from The Real Deal -- "'Gee, how do you establish rules that apply to Missoula, Montana, to Center City, Philadelphia, to Tampa, Florida, let alone Queens and Brooklyn?' he said. 'We have great difficulty administering a rent control program in New York City. I can’t imagine doing it on a nationwide basis. It’s just chaos.'"
Faculty News

Professor Sabrina Howell's joint research on private equity investment in higher education is cited in a letter by Senator Elizabeth Warren and Representative Mark Pocan

Politico logo
Excerpt from Politico -- "The lawmakers cited a National Bureau of Economic Research study from last year that found 'private equity buyouts lead to expanded enrollment and increased profits, but also to higher tuition, lower education inputs, lower graduation rates, higher student borrowing, lower repayment rates, and lower wage earnings.'"
Faculty News

Professor Tensie Whelan lays out the business case for environmental and climate regulation

Ensia Logo 192 x 144
Excerpt from Ensia -- "'A lot of regulations, when businesses really get down to it, they find it helps them become better managed,' says Tensie Whelan, director of the New York University Stern School of Business’s Center for Sustainable Business. 'You not only reduce pollution, but you also reduce your cost.'"