Experience Stern | News & Events

On February 19, 2016, the social enterprise student organizations of New York University’s Leonard N. Stern School of Business, School of Law, and Robert F. Wagner Graduate School of Public Service will host the Sixth Annual NYU Social Innovation Symposium (SIS).

Excerpt from Equities.com -- "[Savov] finds that for every 1.00% increase in interest rates, the rate banks pay on a typical savings deposit rises by just 0.34%. So, even a 2.00% increase in rates would translate into a relatively paltry 0.68% bump in what consumers would receive from the bank."

Excerpt from Bloomberg -- "Others, however, see the Silicon Valley move mainly as public relations: Allocating a tiny fraction of deals to the firms costs corporations next to nothing. 'It’s entirely cosmetic,' says Roy Smith, a professor of finance at New York University and a former partner at Goldman Sachs. 'It’s a sign of good behavior.'"

Excerpt from Bloomberg -- "[Google] does one thing and it does it really well. So I'm not going to underplay the fact that it's one of the most incredible cash machines known in corporate history. That said, nothing else that Google's done has added anything to that online advertising pie. So that's what we're going to be watching with Alphabet. Now that they've split out the rest of Google, we'll have to see whether there's any substance left."

Excerpt from Clear Admit -- "'Business schools are the place where the future business leaders learn—and we are at a phase in our global history where we need a new generation of leaders who adopt the idea that their businesses need to contribute value to society, not simply extract and deliver value to shareholders,' Whelan says."

Excerpt from Foreign Affairs -- "Confidence in the inevitability of Chinese economic dominance is unfounded. China is gaining strength but faces a long climb. The outcome of the U.S.-Chinese contest is far from clear and depends at least as much on how well Western multinationals and governments exploit their existing advantages as on China’s ability to up its game when it comes to the kinds of products and services that will define the twenty-first-century economy."

Today, the new Center for Sustainable Business at New York University’s Stern School of Business officially launches with $1 million in funding from the Citi Foundation to put its vision, a better world through better business, into practice.

Excerpt from Bloomberg -- "'Investors have a more challenging landscape because traditional strategies -- carry, momentum and value -- often tend to work best in a sustained-trend environment,' said Richard Levich, a finance professor at New York University’s Stern School of Business with research interests in exchange-rate forecasting. 'What we’ve had is a really choppy market, which has disrupted and upset some of the traditional trading models and caused a disparity of performance among managers.'"

Excerpt from Poets & Quants -- "'I think we’re at a moment in time where all business will need to take into account environmental and social issues risk management,' reasons Whelan. 'We’re going to have supply chain disruptions related to environmental and social challenges. We’re going to have energy disruptions and water disruptions. There’s going to be a set of environmental and social problems that will absolutely affect businesses if they’re not managing correctly for them.'"
 

Excerpt from Forbes -- "Many food, beverage, health and beauty aide, retail, furniture and hotel brands have come to the realization that smell, taste, sound, feel, texture, visual image and packaging all combine in the brain to create indelible impressions and enhance experiences. Optimizing them can lead to a 'wow' reaction and make the product, service, hotel or store memorable, buzz-worthy and stand out at the point of purchase."

Excerpt from Forbes -- "HueGroup’s new color platform has the potential to change the way color decisions are made, and there’s really no end to the possibilities of how it can be used. Because it so comprehensively covers all the most important questions about color, it should be a welcome and invaluable resource."

Excerpt from the Financial Times -- "A headline takeaway from our paper is that these broad credit expansions making it cheaper for banks to refinance themselves in the hope that they would then pass on that extra credit to households is not a particularly well-targeted policy in the sense that it doesn't seem to reach those households that want to borrow the most and that it disproportionately reaches wealthier, higher-creditworthiness households that don't want to spend a lot."

Excerpt from CNBC Africa -- "One of the things I believe in is continuous learning, and I chose to enroll in this program, which is offered by LES, the HEC Paris and NYU Stern. And it's been a great learning experience: 18 months, great class... In our class we have at least, definitely over 40 countries covered. And towards the end of the program, they polled the class, 'We're graduating, we're ending in February, what do we do after as a class? Which country could we visit to learn more about?' And the class chose Nigeria."

Excerpt from OZY -- "Sharing-economy companies like Uber and Airbnb, says NYU Stern business professor Arun Sundararajan, face a legal and governmental regulatory landscape that is 'much more complex.'"

Excerpt from BBC News -- "Klinenberg and Ansari cite social psychologist Jonathan Haidt on what he describes as the 'prototypical courses' of the two kinds of love - passionate and companionate. In less than six months the passion may fade, Haidt suggests - while the companionate nature of a relationship may not have grown sufficiently in strength."

Excerpt from Center for Immigration Studies -- "She said that 'in footnote six of my paper [with Scholar-in-Residence Gary Friedland] there is a reference to a third level of investment in the 1990 act, and it calls for a minimum stake of $3 million' for an investment in a really prosperous area. She was arguing for a sliding scale of investment to help depressed areas."

Excerpt from Racked -- "By and large, the marketing stunts have served their purposes well. 'It’s really to get people talking and to get the buzz around it going, which provides all that free publicity,' says Priya Raghubir, a marketing professor at New York University’s Stern School of Business."

Excerpt from Channel News Asia -- "You can get cycles. But the basic thing is, it takes a while - not a short while, being multiple years, before you can get responsiveness."

Excerpt from The Wall Street Journal -- "The problem, experts say, is that board age limits risk sacrificing experience in a quest for new blood. 'The age limit is the default option,' said professor Karen Brenner of New York University’s Stern School of Business. 'There are plenty of elderly board members who continue to contribute.'"

Excerpt from The New York Times -- "'When economic forces diverge in what is supposed to be a common enterprise, that creates political unrest,' said Thomas F. Cooley, a professor at the Stern School of Business at New York University."

Excerpt from The Hill -- "Jeanne Calderon, a New York University professor who’s extensively studied the program [with Scholar-in-Residence Gary Friedland], said the lawmakers would have to create 'clear, unambiguous and objective criteria' to limit TEAs. Lawmakers could risk reversing the program’s recent rapid expansion if they don't, she said."

Excerpt from OZY -- "Ola Cabs, India’s version of Uber, has gained an upper hand in the market by allowing consumers to pay in cash; same goes for Flipkart, which allows cash on delivery. 'Society in India loves to touch and feel products,' Ghose says. He figures any new ecommerce venture has some hard work to do in terms of customer attitudes."

Excerpt from The Wall Street Journal -- "'When you talk about extreme wealth, you’ll see terms like "sexy" bandied about,' regardless of the product, said Adam Alter, an associate professor of marketing at the New York University Stern School of Business. Luxury products strive for uniqueness, he says, and it makes sense that sales people use impassioned language to set their brand apart."

Excerpt from The New York Times -- "'Social media is the laxative of the fashion system,' said Scott Galloway, the founder and chairman of the digital consultancy L2. 'It makes everyone digest everything much faster: trends, product discovery.'"

Excerpt from Behind the Thread -- "I think what this fire shows is that identifying problems is not enough. There's a big debate about who pays for factory repairs. I think in October of 2014, the Accord announced that in their preliminary 1,100 or so inspections, they've identified 80,000 violations. But how do you remediate the problems that the inspections identify? And what the factory owners say in Bangladesh is 'where's the money going to come from?'"