School News

Stern’s Center for Business and Human Rights' panel discussion, "Shared Space Under Pressure," is featured

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Excerpt from MetroMBA -- "Speakers addressed the standards by which organizations can improve their approaches to these issues, and also the outcomes when business leaders do not take them into account. The panel included Stern Professor of Ethics and Finance Michael Posner, Bennett Freeman, Principal author of “Shared Space Under Pressure”; Principal, Bennett Freeman Associates LLC; Deputy Assistant Secretary for Democracy, Human Rights and Labor from 1999-01; and Bobbie Sta. Maria, Director for Labour Rights and Asia, Business & Human Rights Resource Center."
Business and Policy Leader Events

2019 Four School Conference

The Four School Conference brings together faculty, students and researchers from Stern, Columbia, Yale and University of Pennsylvania.
Faculty News

Professor Lawrence White responds to US bank CEOs requesting that Congress loosen bank capital requirements

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Excerpt from Marketplace -- “That’s simply the wrong way to be thinking about capital… They [the banks] had way too little skin in the game and that is what really brought us to the brink of disaster."
Faculty News

Professor Nouriel Roubini is interviewed about his predictions for the global economy at the Top CEO Forum in Bahrain

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Excerpt from Arab News -- "'I do not see another global financial crisis in the next year or so, but eventually there will be a global recession. If and when that occurs is a very open question, but it’s not over the near horizon,' he said."
Faculty News

Professor Dolly Chugh explains how having a growth mindset can foster better leadership skills

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Excerpt from HubSpot blog -- "Chugh told me, 'We paint ourselves into a tight corner when we view being a good person as either/or. It makes it hard for us to see the times in which we might be contributing to a dynamic that discourages people of color from staying at the firm, or women from applying.'"
Faculty News

In an interview, Professor Jonathan Haidt shares insights on happiness, from his book, "The Happiness Hypothesis"

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Excerpt from CNBC -- "'Happiness is best described as coming from between — that is if you get the right kind of relationship between yourself and other people, yourself and your work, and yourself and something larger than yourself... if you get those three relationships right ... it will draw you out into the world, it will engage your passions, it will give you the kind of support that you need and want and it’ll give you a sense of meaning and purpose in life,' he says."
School News

Stern's commitment to sustainable business and social entrepreneurship, including the W.R. Berkley Innovation Labs, Sustainable Business and Innovation MBA specialization and other MBA offerings, is highlighted

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Excerpt from mbaMission -- The W. R. Berkley Innovation Labs serve as the hub of all entrepreneurial activities and events at the school, and in 2008, Stern introduced a Sustainable Business and Innovation (formerly Social Innovation and Impact) specialization, thereby formalizing an academic track for students with this career path in mind. Courses available within the specialization include “Corporate Branding and Sustainability,” “Investing for Environmental and Social Impact,” and “Driving Market Solutions for Clean Energy.”
Faculty News

Professor Richard Sylla is quoted in a story about the 1861 Milwaukee Bank Riot

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Excerpt from Milwaukee Independent -- "'The southern governments that issued the bonds were unlikely to want to payback the bonds that were held outside their country, like in Wisconsin,' added Sylla. 'So you walked into a bar in Milwaukee, and you try to buy your beer and the bartender would say, "The banker told us not to accept your money." So if you got paid in that money a few days before, you might have been quite angry.'"
Faculty News

Professor Hila Lifshitz-Assaf offers insights from her research at NASA on open innovation

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Excerpt from BBC News -- "It's a generational change and companies know that if they don't give their employees a way to fully express their ideas also they will leave very quickly because developing a new venture or startup today is much cheaper and much faster than it used to be."
Faculty News

Professor Adam Alter's book, "Irresistible," is referenced

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Excerpt from the Harvard Business Review -- "The book Irresistible by Stern School of Business associate professor Adam Alter will quickly raise your awareness of the addictive designs going into smartphones. They’re like pocket slot machines. So how do you resist the urge to reach for it? Make it less appealing."
School News

Center for Business and Human Rights Deputy Director Paul Barrett shares his views on Facebook's efforts to combat disinformation

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Excerpt from Associated Press -- "But if Facebook knows information is wrong, why not remove it? That’s a question posed by Paul Barrett, deputy director at the New York University Stern Center for Business and Human Rights. 'Making a distinction between demoting (material) and removing it seems to us to be a curious hesitation,' he said."
School News

Stern's Andre Koo Technology and Entrepreneurship MBA program is highlighted in an article on specialized MBA offerings

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Excerpt from Find MBA -- "Specialist MBA programs also go a long way towards addressing concerns that business schools have not effectively responded to new employer demand for more specialist skills, such as digital technology. One striking example of this is the Tech MBA at NYU Stern School of Business in New York City. Launched in 2018, the program was developed with insight from senior tech industry executives from such companies as PayPal, BuzzFeed and Amazon. The syllabus builds broad knowledge in fundamental business skills, such as economics and marketing, while also honing students’ core technology skills such as business analytics and product management."
Faculty News

In an interview, Professor Amy Webb addresses the significance of the gap between the US and China on AI, from her book, "The Big Nine"

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Excerpt from Fortune -- "'I think democracy is at stake—I’m not joking,' Webb says. 'I think our way of living is at stake and the future of how we do business globally is at stake.'"
Faculty News

Professor Marc Hodak provides historical context on the legal battle between Henry Ford and the Dodge brothers

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Excerpt from HowStuffWorks -- "'The number one reason that case is cited is for Ford supposedly wanting to do right by his workers,' says Marc Hodak, an adjunct professor in New York University's business school. 'The idea that he was actually trying to squeeze out the Dodge brothers is something that's often lost.'"
School News

Professor Allen Adamson explains why the Egyptian Theatre in Hollywood is an appealing purchase for Netflix

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Excerpt from New York Post -- "'They can say, "We premiered our film on Hollywood Boulevard,"' Adamson said. 'It allows them to legitimatize their content and get into the big leagues. Hollywood movies are the ultimate content.'"
Faculty News

Professor Rosa Abrantes-Metz discusses antitrust legislation and big tech firms

Excerpt from Adweek -- "… These small businesses that people like Senator Warren are concerned about, those are not consumers. They are producers. Those are competitors. And that doesn’t, in my view, fall in the context of antitrust policy."
School News

In a joint op-ed, Stern senior research scholar Steven Altman and associate research scholar Phillip Bastian write about how North Korea's international trade patterns imply a path forward for negotiations with the US, from their recent work on the DHL Gl

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Excerpt from Nikkei -- "With the world watching, the second Trump-Kim summit in Hanoi failed to produce an agreement, implying a mismatch between Trump’s pitch of prosperity via international trade and investment and Kim’s reliance on nuclear weapons for his regime’s survival. But, despite escalating tensions following the summit, there still is potential for progress."
Faculty News

Professor David Yermack's research on the impact of Michelle Obama's fashion choices is cited

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Excerpt from Go Banking Rates -- "According to a study done by David Yermack, a business and finance professor at New York University’s Stern School, Obama’s fashion choices are worth $14 million per appearance to the designers."
Faculty News

Professors Robert Engle and Johannes Stroebel's joint research on hedging climate change news is spotlighted

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Exceprt from the Harvard Law blog -- "In our proposed approach, rather than buying a security that directly pays off in the event of a future climate disaster, we construct portfolios that have short-term returns that hedge news about climate change over the holding period. By hedging, period by period, the innovations in news about long-run climate change, an investor can ultimately hedge her long-run exposure to climate risk."
School News

Stern's Langone Part-time MBA program is featured in a roundup of part-time MBA programs at top b-schools in the northeast

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Excerpt from MetroMBA -- "The program features an accelerated option allowing students to opt for a flexible class schedule, as well as evening and weekend courses to complete their MBA in two years without interrupting their work schedule. Current Langone students, faculty, and alumni have access to the Langone Speaker Series, which '… provides a unique platform to deepen conversations about timely events with the decision-makers that are helping shape today’s industries.'"

School News

In a podcast interview, Professor and Vice Dean for Online Learning Kim Corfman shares how Stern’s new online MS in Quantitative Management prepares early-career non-business majors to build knowledge in business fundamentals and business analytics

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Excerpt from Accepted.com -- "[The MSQM program] is for people without business degrees, and combines the business essentials (essentially MBA core courses) with an emphasis on analytics. It is designed to help professionals become more able to use data, which is very important to their professional success – how to ask for data, analyze it, and make decisions from it. It is online and you can attend from anywhere, with two short residential immersions each August, offering the chance to meet the cohort and do interactive face-to-face work. The program is lockstep and fits well with working professionals’ schedules, and can reach people all over the world."
School News

Deputy Director of the Center for Business and Human Rights Paul Barrett voices his concerns in response to the proposed social media regulations in the UK

Excerpt from CNET -- "'First, it raises the specter of government censorship,' he said in a statement. 'Second, it shows how the failure of the social media companies to exercise more vigorous self-governance, especially when it comes to disinformation, has created the risk of government overreach.'"
Research Center Events

Shared Space Under Pressure: Business Support for Civic Freedoms and Human Rights Defenders

Kaufman Management Center
On Monday, April 8, the NYU Stern Center for Business and Human Rights will host an event exploring why and how companies should support civic freedoms and human rights defenders around the world, drawing upon recently launched guidance, “Shared Space Under Pressure: Business Support for Civic Freedoms and Human Rights Defenders”, commissioned by the Business & Human Rights Resource Centre and International Service for Human Rights. 
Research Center Events

Fireside Chat with Roberto Azevêdo

NYU flags outside of the Henry Kaufman Management Center
The NYU Stern Center for Global Economy and Business will host a fireside chat with World Trade Organization Director-General Roberto Azevêdo on April 8, 2019.
Faculty News

In a contributed article, Professor Anika Sharma writes about the value of Instagram's in-app purchase feature for brands

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Excerpt from Ad Age India -- "So what does this all mean for brands? For one, it means that brands now have options. It is possible for brands to offer brand experiences in ecosystems outside of Google. It also means that now brands can deliver a great user experience without the consumer ever leaving their favorite ecosystem. Instagram is the first social media channel to offer the new checkout feature and users love it."