Experience Stern | News & Events

Excerpt from Quartz -- "'There are a lot of admirable CSR activities including auditing and capacity building and training, even training for improved industrial relations,” she says. Even so, it’s 'business as usual,' she points out, 'plus specific activities that then try to compensate for what business models are causing.'"

Excerpt from Poets & Quants -- "As she scales Pepper after graduation, Winograd believes she learned something critical by being – in the words of one faculty member – 'strategic, focused, and committed' as an MBA student. ... 'by focusing on what matters—by being selective, at times painfully so, about the initiatives I want to take on and social events I want to attend—I’ve found my path as an entrepreneur.'"

Excerpt from TheStreet -- "'You can change your strategy, your advertising, the money you put into research, but the hardest part is to teach old dogs new tricks,' said Allen Adamson, founder of Metaforce and professor at NYU Stern School of Business."

Excerpt from Bloomberg -- "Together with Gabriele Sabato, previously head of risk appetite decisioning at Royal Bank of Scotland Group Plc, Altman founded London-based Wiserfunding Ltd. to calculate the 12-month default probability for businesses with less than 150 million euros ($168 million) of revenue. Their methods cover 19 European countries and have correctly forecast whether a company would default or stay solvent in about 90 percent of cases, Altman said in a phone interview."

Excerpt from Sustainable Brands -- "The idea for the company emerged out a social entrepreneurship course at NYU’s Stern School of Business, where students were asked to develop potential solutions to the problem of organic waste. Undergrads Parker Reposa and Drew Enyedi wanted to create a business that would use food waste as a key input and quickly discovered the potential of coffee grounds — which in recent years have begun being used to make everything from apparel and biofuel to cups and 3D-printing filament."

Excerpt from Axios -- "Some Friedman acolytes came to regret core views, since the pursuit of self-interest sometimes led companies, such as Enron, 'to do things that were not in the interest of shareholders,' said Richard Sylla, a professor emeritus at New York University."

Excerpt from Yahoo Finance -- "Markets are always trying to anticipate what's going to happen and they may well be looking a couple of months, a couple of quarters, down the road. There's, I think, a good case to be made [that] this has been due to a number of one-off things. For example, recovering from the government shutdown that was at the end of the last quarter. There's some one-off international trade things. Look, I would love for this strong growth and low inflation and low unemployment all to persist, but I wouldn't want to bet the farm."

Excerpt from Marketplace -- "Look, if you reduce it [shipping time] from two days to one day, you are going to more than double the volume [of Amazon purchases]."

Excerpt from Forbes -- "To illustrate important themes of the 11th Annual Volatility Institute Conference, 'Financial Volatility in an Age of Geopolitical Risks,' Nobel Laureate Robert F. Engle shared stimulating and often humorous food for thought. 'We are drowning in information but starving for knowledge' John Naisbitt 'At the end of the day, every politician is human, but what about the rest of the day?' Stephen Colbert 'A fool and his money are soon elected.' Will Rogers"

Excerpt from CBS News -- "More unusual is for a deposed founder to see such outsized gains in an IPO involving a company he or she no longer runs, said Arun Sundararajan, a professor at New York University's Stern School of Business. 'I can't recall a time when the single biggest beneficiary of an IPO is no longer involved when they go public,' he said."

On April 26, the NYU Stern Volatility Institute hosted its 11th annual conference entitled, "Financial Volatility in an Age of Geopolitical Risks."

The NYU Stern Salomon Center for the Study of Financial Institutions and the Bank Policy Institute will host the Conference on Household Finance on Friday, April 26.

Excerpt from Worth -- "'The biggest challenge that I'm thinking about right now is how to tackle the negative impacts of our current phase of capitalism, which is focused on shareholder primacy and short term-ism and managing to stock price and the negative societal impacts that type of capitalism has on labor force.'"

Excerpt from The New York Times -- "Scott Galloway, a marketing professor at N.Y.U. and my co-host on the podcast Pivot, calls it the 'algebra of deterrence,' by which he means a price and a punishment that makes certain you will not do a bad thing again. Five billion dollars is not that price. 'Put another zero on it and then we can start talking,' said Mr. Galloway this week."

Excerpt from The New York Times -- "Looking at the video, she said, is 'definitely shifting the perspective to details about the way she looked, and also other details — maybe someone else’s reaction to her.' Not only could the change in perspective increase self-presentation anxiety but, 'according to research, it could also dampen emotional aspects of the experience,' Dr. Barasch said."

Excerpt from Bloomberg -- "The things that disrupt you are the things you don't see coming, but I don't see anything coming. It's just difficult to see where they're vulnerable at this point. I think the only place they're vulnerable is what you mentioned, and that's antitrust action. ... even if antitrust comes, you're still looking at just enormous shareholder gains. It's great to be an unregulated monopoly."

Excerpt from Grand Valley Business Times -- "Studies conducted by Justin Kruger at the New York University Stern School of Business demonstrate we accurately interpret the difference between seriousness and sarcasm in electronic communications only 50 percent of the time — no better than chance."

Excerpt from CBC Radio -- "I think one way to look at this is that these kinds of government reactions are in part a function of the social media companies having had very little success in gaining control of their own platforms, and preventing the kind of misinformation from spreading that governments such as Sri Lanka's intent on snuffing out."

Excerpt from Forbes India -- "Haidt has a few recommendations for what ails us. He believes reducing device time on social media is the starting point. Then consciously finding ways to listen to one another, even when we disagree, without feeling the need to be right and finding common cause in the areas where we agree. Finally, to future parents, he offers the words of a baby doctor who cautioned against over-protective parenting, 'don’t just do something, stand there.'"

Excerpt from CNBC -- "'All four are richly priced ... I’m a little scared of Uber at $100 billion. I think both Lyft and Uber are struggling with a way to convert revenue growth into profits. So you are paying $100 billion for a company that still doesn’t have a viable business model. That’s scary,' Damodaran says."

Excerpt from The Telegraph -- "According to a report by New York University's Stern Centre, 71 workers died annually in Bangladeshi factories before the Rana Plaza incident. Since the Accord was signed, that figure has fallen to 17."

Excerpt from The Washington Post -- "'This is an extreme step in terms of regulation, but one that I think will be becoming more common in the future,' said Barrett, whose center seeks to train business leaders to make decisions on human rights issues. 'We may be at a breaking point in terms of how people around world view big social media companies.'"

In an era of unprecedented change and pervasive uncertainty, the question isn’t whether graduates will meet this moment, but how. In her address to the NYU Stern Graduate Class of 2019, Janet Foutty will explore that “how,” sharing the leadership principle that has empowered her – and the people around her – to not only own the challenges they face, but to actually solve them.

On April 23, NYU Stern's Center for Sustainable Business hosted a panel entitled, "ESG and Impact Investing Across Asset Classes."

Excerpt from Herald Tribune -- "...a recent study authored by Professors Sandeep Dahiya of Georgetown University’s McDonough School of Business and David Yermack of New York University’s Stern School of Business analyzed the returns of 28,296 nonprofit endowments from 2009–2016. They found the median return for the eight-year period across 28,000-plus organizations to be 3.75%, while a 60% domestic equity/40% Treasury bond construction delivered 9.28%."