Faculty News

Professor Aswath Damodaran's comments on the market effects of IPO lockups are referenced

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Excerpt from Bloomberg -- "Those pushing for more direct listings disagree. Forcing early investors and insiders to wait six months before selling their shares could actually add confusion to the market, New York University professor Aswath Damodaran said in an interview. 'If it does matter what insiders think enough about the stock to hold it, waiting six months to find out is more dangerous than finding out right away,' he said in an interview. 'I think the effects of lockups are vastly overstated.'"
Faculty News

In a podcast interview, Professor Thomai Serdari provides perspective into the different views of multi-level marketing brands in the beauty industry.

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Excerpt from Fat Mascara Podcast -- "L'oreal or Estée Lauder or any other big company are very careful. They follow all the rules and FTA's rules and have a house lawyer specifically to check the marketing copy or any kind of communication message that goes out because it has to be backed up. In MLM companies, the only regulations are self-regulations."
Faculty News

In an in-depth feature, Professor Robert Engle shares advice for how investors can protect their assets against the effects of climate change

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Excerpt from Financial Review -- "Nobel laureate Robert Engle has some advice for investors who are concerned about climate change wiping out the value of their assets, but are wary of anaemic returns on "ethical" funds: read the news."
 
Faculty News

Professor Scott Galloway asserts that Amazon's move to prohibit third-party sellers from using FedEx to ship products constitutes monopoly abuse

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Excerpt from Barron's -- “'It’s monopoly abuse,' NYU professor Scott Galloway tells Barron’s. 'No different than, in [the] 90s, Microsoft [MSFT] telling computer hardware manufacturers they had to bundle internet Explorer.'”
 
Faculty News

Professor Priya Raghubir shares her thoughts on Som's elevated packaging and expression and why brands are embracing redesigns for older products

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Excerpt from Eater -- "Ricker and Distill spent a few months honing the redesign, with help from Portland firm Murmur Creative. Priya Raghubir, a professor of marketing at NYU’s Stern School of Business, says the redesign hits all the marks to make it no-proof staple (in addition to fooling bartenders into pouring out bigger pours — thanks, elongation effect!)."
Faculty News

Professor Allen Adamson is quoted in a story exploring the future of experiential hospitality heading in 2020

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Excerpt from Marketing Dive -- "'People tend to share things they experience that are out of the ordinary, and so it's no surprise that if you're staying in an Oscar Mayer mobile hot dog, you're going to post that to your friends 24/7,' said Allen Adamson, an adjunct professor of marketing and branding at NYU Stern School of Business. 'On the flip side, a lot of the hospitality brands are struggling to differentiate from each other. You can't do that with better shampoo or a bigger TV set.'"
Faculty News

"Professor Thomas Philippon notes that increases in lobbying against competition and poor regulatory oversight have led to a market reversal between the United States and Europe "

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Excerpt from Marketplace -- "'The problem is that it is a mixture of extreme influence by lobbyists and also the fact that some regulators are afraid of doing anything because when they do something they are criticized whether they win or they lose.'"
Faculty News

Professor Priya Raghubir illustrates how businesses use reference points on pricing to influence customer spending behavio

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Excerpt from Business Insider -- "'These are used on price tags, these are used in advertising, this is used inside retail stores on signage — all of which are ways to try and get you to anchor on a particular price, so it is against that price that you would then evaluate the current offering,' Priya Raghubir, a marketing professor at New York University's Stern School of Business, told Business Insider."
Faculty News

Professor Richard Sylla discusses the evolution of financial technology over the past 50 years

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Excerpt from Markets Media -- “'Fifty years ago New York Stock Exchange technology was still traders and brokers running around on the floor with paper slips, making trades and clearing them,' said Richard Sylla, Professor Emeritus at NYU Stern School of Business. 'They actually had to reduce the hours of the exchange just to catch up.'"
Faculty News

Professor Allen Adamson explains why toymakers are repackaging veteran brands into special-edition versions

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Excerpt from The Wall Street Journal -- “'Nostalgia is never a selling point to the kid,' says Allen Adamson, co-founder of Metaforce, a brand-consulting firm. 'Brand new’ is the most important selling point to kids.'”
Business and Policy Leader Events

EMBA DC Fireside Chat with Dean Raghu Sundaram and Professor Tensie Whelan

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On December 13, 2019, NYU Stern's Executive MBA Program and NYU Washington DC hosted a fireside chat at NYU’s downtown DC location featuring Dean Raghu Sundaram in conversation with Professor Tensie Whelan, Director of Stern’s Center for Sustainable Business.
Faculty News

Joint research on price effects of consolidation in the car rental industry by Professor Vishal Singh is referenced

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Excerpt from Phys.org -- "Assistant Professor Umut Güler of Koç University College of Administrative Sciences and Economics and his colleagues (Kanishka Misra, Rady School of Management, University of California, San Diego and Vishal Singh, Stern School of Business, New York University) proved in their latest paper published in the journal Marketing Science that the welfare effects of company mergers can be different for various consumer groups. This finding has been documented for the first time based on data."
 
School News

Executive Director of MBA Admissions Lisa Rios underscores the value of Stern's Pick Six essay in a feature story on getting in to the Full-time MBA program; six current full-time MBA students and alumni reflect on their time at the School

Excerpt from Business Insider -- "Relatively new to the application process at NYU Stern's MBA program is what they call ‘Pick Six.’ Since 2017, the school has asked applicants to submit six images, such as pictures or illustrations or graphic design work, along with captions.'This is one of the ways for us to get insight into candidates outside of their academic profile and written work,' said admissions director Lisa Rios. 'They can have fun with it, too, and show us their personal side with Pick Six.'"
School News

In a feature story on the best Executive MBA programs in the world, Assistant Dean of Executive Degree Programs Admissions and Marketing Neha Singhal and alumna Irina Kodes (MBA '17) underscore the rigor at Stern

Excerpt from Business Insider -- "'The NYU Stern Executive MBA program brings together a rigorous academic curriculum, expert Stern faculty, and a highly experienced cohort of executives from a wide range of industries including financial services, healthcare, technology, nonprofit, and more. Students in our program, most of whom are senior executives with an average of 12 years of experience, not only gain skills that help them further advance their careers to the tops of their organizations, but also develop a lifelong professional network that enables them to connect with Stern students — past and present — who are leaders in their respective fields,' said Neha Singhal, the assistant dean of executive degree programs admissions and marketing at NYU Stern."
Faculty News

Professor Anindya Ghose's recent comments on how blockchain technology can restore consumer trust in companies’ handling of consumer data and data monetization efforts are highlighted

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Excerpt from Channel Futures -- "Blockchain technology can restore consumer trust in companies’ handling of consumer data and data monetization efforts, said Anindya Ghose, Heinz Riehl chair, professor of business at Stern School of Business, New York University, at this week’s AI Summit in New York City."
Faculty News

Professor Thomas Philippon's book, "The Great Reversal," is spotlighted in an in-depth review

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Excerpt from The Economist -- "When Thomas Philippon moved from France to America in 1999 to begin a PhD in economics, he found a consumer paradise. Domestic flights were dazzlingly cheap. Household electronics were a relative bargain. In the days of dial-up modems Americans, who were charged a flat rate for local calls, paid far less than Europeans to get online. But over the past two decades, Mr. Philippon writes in “The Great Reversal”, this paradise has been lost."
School News

Center for Business and Human Rights Deputy Director Paul Barrett offers advice for social media users to curb the spread of disinformation

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Excerpt from USA Today -- “'If you see something you get really excited about, that’s the moment not to send it to other people,' says Paul Barrett, deputy director at NYU Stern Center for Business and Human Rights. 'That’s the moment to stay calm and double check. That piece of content will still be there in five minutes or in five hours.'”
Faculty News

Professor Richard Sylla explains why the late Paul Volcker would have likely embraced the concept of government-backed digital currencies

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Excerpt from CoinDesk -- "The promise of these government-backed digital currencies is that they might reduce the need for paper bills and coins, making it easier for consumers and businesses alike to exchange payments. Those are benefits that Volcker likely would have embraced, says Richard Sylla, a New York University economics professor emeritus who specializes in financial history."
Faculty News

Professor and Dean Emeritus Peter Henry discusses how the US-China trade war has impacted the global economy

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Excerpt from The Wall Street Journal -- “'The trade war has been a drag on the global economy,' said Peter Henry, an economics and finance professor at New York University, who also serves as a member of Protiviti’s advisory board."
Faculty News

In a story highlighting Forbes' 2019 "World’s 100 Most Powerful Women" list, Professor Erica Gruen shares her perspective on what 2019 has meant for women in media

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Excerpt from Forbes -- “'One thing that these women realize is that they can use the power of their artistry,' says NYU Stern Professor and former Food Network CEO Erica Gruen. 'They don't have to get arrested or lead a political movement. They can just do what they're doing, but do it in a way that gives direct inspiration to people.'”
Faculty News

Professor Anika Sharma weighs in on the rise of branded private label products from retailers and the impact on traditional brands

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Excerpt from Marker -- "Retailers also possess the one asset every CPG covets: troves of data to help them make decisions about which products resonate with customers. 'You understand the brands that are doing well, you learn from those brands, and then you launch your own brand in that category,' says Amika Sharma, an adjunct assistant professor at NYU Stern and a marketing professional."
Faculty News

Professor Vasant Dhar shares his perspective on AI-based trades in relation to human-led trading decisions

Excerpt from France24 -- "But he cautioned that humans would not necessarily recognise a system failure or make the right call. 'Consider the fact that humans can make bad decisions as well. You can't assume that the human in the loop will make the right decision,' Dhar told AFP."
Faculty News

Research from Professor Michael Waugh on the wide-ranging impacts of China’s retaliatory tariffs on local communities is highlighted

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Excerpt from Yahoo Finance -- "Those communities also saw slower job growth, according to Michael Waugh, an associate professor of economics at New York University's Stern School of Business and the study's author."
Faculty News

Professor Jonathan Haidt shares insights on how "moral elevation" can break down barriers and encourage compassion and generosity

Excerpt from The Epoch Times -- "What are the solutions? There are many, no doubt, but here’s one to consider: moral elevation. That’s the 'warm, uplifting feeling that people experience when they see unexpected acts of human goodness, kindness, courage, or compassion,' according to psychologist Jonathan Haidt, now the Thomas Cooley Professor of Ethical Leadership at the NYU Stern School of Business."
Faculty News

Professor Nicholas Economides comments on Greece's plan to curb tax evasion by mandating digital receipts in 2020

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Excerpt from CoinDesk -- "However, economist Nicholas Economides, whose previous advisory clients include the Bank of Greece in 1993, disagreed that this policy represents a dramatic shift. To the contrary, Economides said, the Greek government has required digital receipts for tax deductibles for more than five years. If citizens are unable to show bank records or credit card statements for deductible bills, paper receipts no longer suffice. As such, he argued this is merely another modernization push."