Faculty News

Professor Ari Ginsberg is quoted in a story on how Amazon’s new offices may impact Long Island City

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Excerpt from UPI-- "'It’s transportation, talent and taxes,' said Ari Ginsberg, a professor of entrepreneurship and management at NYU's Stern School of Business. 'Places that have deteriorated in terms of industrialization then became opportunities for new types of business and new types of talent.'"
Faculty News

Professor Paul Hardart discusses the impact of Nike's decision to feature Colin Kaepernick in its "Just Do It" campaign on its stock price

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Excerpt from Daily Mail-- "'Their target was younger, urban people, and the people that are burning their Nikes - I think [Nike is] OK with that,' he continued. 'Obviously they don't want to lose customers, but they are going after their target, which is what you should do in marketing.'"
Faculty News

Professor Vasant Dhar is quoted in a story on the complexities of using AI to analyze legal data

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Excerpt from Financial Times-- "'The context is always different and the law is always changing,' says Vasant Dhar, professor of information systems at New York University’s Stern School of Business. 'That makes it a messy arena for AI to operate in.'"
Faculty News

Professor Aaron Tenenbein explains the statistical probability of Robert Bailey winning the New York Lottery by playing the same numbers for 25 years

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Excerpt from the The New York Times -- "Aaron Tenenbein, a statistics professor at New York University’s Leonard N. Stern School of Business, estimated Mr. Bailey’s odds would have been 1 out of 115,385. 'It doesn’t matter if he’s playing the same number; it’s still the same chance,' Mr. Tenenbein said. In other words: 'It’s pure luck.'"
School News

Stern's "Doing Business in..." (DBi) course offerings are highlighted

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Excerpt from mbaMission -- "New York University’s (NYU’s) Stern School of Business provides ample opportunity for its students to spend time abroad during one- or two-week trips, through its 'Doing Business in…' (DBi) program. DBi trips take place between the fall and winter semesters, during spring break, and in May (after classes conclude). Each course (trip) is tailored to its specific locale and includes a mix of lectures given by Stern faculty as well as by local business practitioners and/or government representatives."
School News

Alan Greenspan's comments on US-China trade at an "In Conversation with Mervyn King" event at Stern are highlighted

Excerpt from Bloomberg-- "Responding to a question about China at an event at New York University on Wednesday, he said both sides lose out in such a clash. 'There are victors and there are losers in a tariff fight,' Greenspan said. 'But that doesn’t say that a more important issue is both are losing, it’s just the winner loses less.'"
Press Releases

NYU Stern Experts Available to Comment on Black Friday, Cyber Monday, and Holiday Shopping and Retail Trends

Black Friday Price Tag graphic
NYU Stern Marketing faculty are available to offer perspectives on this season's holiday trends. In addition to commentary on Black Friday, Small Business Saturday and Cyber Monday, the following professors can speak to what we will see this year around digital/mobile trends, luxury retail, artificial intelligence and more.
Business and Policy Leader Events

NYU Stern's "In Conversation with Lord Mervyn King" Series Presents Dr. Alan Greenspan & John A. Paulson

From left to right: John A. Paulson, Dr. Alan Greenspan and Lord Mervyn King
On November 14, NYU Stern hosted the latest installment of the "In Conversation with Lord Mervyn King" series featuring two renowned alumni -- Dr. Alan Greenspan (BS ’48, MA ’50, PhD ’77, Honorary Doctorate of Commercial Science ’05), former chairman of the US Federal Reserve, and John A. Paulson (BS ’78), president of Paulson & Co. Inc., NYU Trustee and member of NYU Stern’s Board of Overseers.
Faculty News

Professor Karen Brenner shares leadership lessons firms can learn from Facebook's missteps

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Excerpt from From Day One-- "While at least one company director, investor Erskine Bowles, warned Zuckerberg and Sandberg that the fallout from Russian misinformation would be worse than they expected, their lack of quick action underscores the importance of having 'people with the courage to address the issues' in a company’s leadership, said Prof. Brenner. 'It’s often when companies are successful they miss a lot of these issues, they get complacent and stop asking the hard questions.''
Faculty News

Professor Lawrence White explains why he believes the fintech industry will be subject to several regulatory hearings

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Excerpt from InsideSources-- "'A quite legitimate action of hearings is simply to be a forum, a vehicle for airing various concerns on legislative and regulatory issues,' he said, 'so even if legislation doesn’t follow from any particular hearing, they still serve a value highlighting concerns and bringing issues into public dialogue.'"
Faculty News

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

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Excerpt from Vogue -- "In 2010, a study from New York University’s Stern School of Business by Professor David Yermack discovered that when Obama appeared in a garment it added, on average, $14 million in value to that company."
Faculty News

Professor Amal Shehata is named to the Poets & Quants "Top 50 Undergraduate Business Professors" list

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Excerpt from Poets & Quants -- "As we got to know each of the top 50, we learned that no matter what sparked their interest in teaching business school undergrads, the first time setting foot in front of a classroom to deliver a lecture was momentous for all. Professors use words such as 'electrifying' and 'thrilling,' and such phrases as “unforgettable experience filled with fun” and simply, 'a blast.'"
Faculty News

Professor Nicholas Economides shares his views on the progress of Brexit negotiations

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Excerpt from CGTN-- "I would say from the point of view of a democracy, given that the present deal is so far away from what people thought they were getting, it makes real sense to have a really thorough debate, and even the possibility of another referendum."
Faculty News

Professor Jonathan Haidt's co-authored book, "The Coddling of the American Mind," is spotlighted

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Excerpt from The Washington Post-- "As Greg Lukianoff and Jonathan Haidt chronicle in their new book, 'The Coddling of the American Mind,' today’s young people tend to be obsessed with safety, troubled by a pervasive sense of threat. Consequently, understandably, they’re anxious and depressed."
Faculty News

Professor Baruch Lev's co-authored book, "The End of Accounting," is featured

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Excerpt from Value Research -- "Lev and Gu make several specific recommendations on how financial reports can be made relevant again - by reporting numbers in a way that emphasises 'strategic assets' and how they are nurtured and grown by organisations. Further, they suggest that modified cash flows (adjusted for investments in these assets and after taking into account the cost of capital) are best used by investors for deciding on investments."
Business and Policy Leader Events

Author Lecture Series: Strategic Communication at Work

Professor Diane Lennard
On November 13, Professor Diane Lennard shared findings from her new book, Strategic Communication at Work: The Impact Paradigm, as part of the Author Lecture Series.
Faculty News

Professor Anindya Ghose shares how SoftBank's plans to take its mobile division public will impact the company

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Excerpt from Marketplace -- "Clearly, you know, when you're injecting that amount of money, there's a tremendous amount of influence on the founders and the leadership."
Faculty News

Professor Scott Galloway weighs in on how Amazon's new headquarters and Google's expansion, both in New York, reflect the city's attractiveness to the tech industry

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Excerpt from CNN-- "In terms of the city, there's no arguing this will be good, on most dimensions, for New York. You have to credit Mayor Bloomberg's vision to make the requisite investments to get a third university. The one thing... that's common among any company that's been able to add tens of billions of dollars in shareholder value in a matter of years, not decades, is that they're all headquartered within a bike ride of a world-class engineering university."
Faculty News

Senior Research Scholar Shlomo Angel's research on the spatial structure of American cities is spotlighted

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Excerpt from MacroBusiness -- "So when Solly Angel observes that across the United States that 'the great majority of workplaces (are) now dispersed outside CBDs, employment sub-centers or live-work communities, and (are) beyond walking or biking distance' he is saying so as a well-informed global expert."
Faculty News

Professor Jonathan Haidt is quoted in a feature story on the “Intellectual Dark Web” (IDW)

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Excerpt from Politico -- "Haidt, co-author of the recent book The Coddling of the American Mind, called Quillette in an email 'a gathering place for people who love to play with ideas and hate being told that there are ideas they are not supposed to play with.'"
Faculty News

Professor Adam Alter is quoted in a feature story on new devices designed to reduce tech use

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Excerpt from The Wall Street Journal -- "'Giving people a phone that does less is asking a lot of consumers,' said Adam Alter, associate professor of marketing at New York University and author of the book 'Irresistible: The Rise of Addictive Technology and the Business of Keeping Us Hooked.'"
School News

New research about systemic risk, housing and mortgage markets, and regulation presented at the 2008 Financial Crisis: A Ten-Year Review Conference, co-hosted by Stern, is highlighted

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Excerpt from Poets & Quants -- “Annual Reviews, MIT Golub Center for Finance and Policy, and New York University Stern School of Business presented new review articles focused on the 2008 financial crisis in the Annual Review of Financial Economics Volume 10. The research was presented during the 2008 Financial Crisis: A Ten-Year Review conference, a two-day, invitation-only event November 8-9 spotlighting the perspectives of those with expert vantage points of the crisis."
Faculty News

Professor Robert Engle explains the role systemic risk plays when forecasting the next possible banking crisis

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Excerpt from Fairfield County Business Journal -- '"It is 10 years since the Lehman Brothers bankruptcy,' observed Robert F. Engle, the 2003 Nobel Prize for Economics laureate, during a recent presentation at Sacred Heart University’s Center for Applied Business Research. 'At the time, we had very sketchy theories about systemic risk, whether we could have financial meltdowns or not. Over the last decade, we learned lots of things. We have lots of research now that helps us understand where financial crises come from and how likely they are to happen again.'”
Faculty News

Professor Nouriel Roubini offers thoughts on the potential long-term effects for the US economy following a period of rapidly-rising interest rates

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Excerpt from Yahoo! Finance -- “'Second, because the stimulus was poorly timed, the US economy is now overheating, and inflation is rising above target. The US Federal Reserve will thus continue to raise the federal funds rate from its current 2% to at least 3.5% by 2020, and that will likely push up short- and long-term interest rates as well as the US dollar,' Roubini said, predicting a major financial crisis by 2020."
Faculty News

Professor Scott Galloway explains why he believes Amazon's search for a location for its second headquarters was a con

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Excerpt from Recode -- "Amazon is now talking about having three headquarters, Seattle, Crystal City and Long Island City. The Bezos’ also own three homes, and the average distance from those three homes to a headquarters is 6.4 miles, so this was never a contest. It was a con meant to induce ridiculous terms that they then took to the cites all along that they knew they were going to be in."