School News

The CGEB-CREFR Conference on China's Real Estate Markets is featured

China Daily logo
Excerpt from China Daily -- "Analysts in academia from across the globe reviewed that market on April 17 at New York University's Stern School of Business. It was sponsored by Stern's Center for Global Economy and Business and the Center for Real Estate Finance Research."
Faculty News

Prof. Xavier Gabaix's research on executive pay is highlighted

The New Yorker logo
Excerpt from The New Yorker -- "Indeed, a major study by the economists Xavier Gabaix and Augustin Landier, who happen to believe that current compensation levels are economically efficient, found that if the company with the two-hundred-and-fiftieth-most-talented C.E.O. suddenly managed to hire the most talented C.E.O. its value would increase by a mere 0.016 per cent."
Faculty News

Prof. April Klein on DuPont and activist investor Nelson Peltz

News Journal logo
Excerpt from The News Journal -- "April Klein, an accounting professor at New York University's Leonard N. Stern School of Business, agreed that Peltz's plans for DuPont has commanded institutional investor's attention. 'Once other investors see a hedge fund has a plan to increase shareholder value, they begin to support that hedge fund,' Klein said. 'It's really that simple.'"
Student Club Events

Two NYU Stern Teams Among Finalists in Morgan Stanley Sustainable Investing Challenge

Morgan Stanley Investing Challenge 2015
Two teams from NYU Stern were among the 10 finalists in the Morgan Stanley Sustainable Investing Challenge, which seeks to develop institutional-quality investment vehicles that produce positive environmental or social impact in addition to competitive financial returns.
Faculty News

Prof. Thomaï Serdari is interviewed on luxury car marketing

Marketplace Logo
Excerpt from Marketplace -- "In recent years Cadillac has had little to tout besides its high end Escalade SUV. In order to become relevant again, Serdari believes the brand needs to cut back its offerings, and go upmarket to firmly re-establish itself on the high end of luxury, a place BMW, Audi and Mercedes already occupy. 'Then perhaps they can reverse their strategy and start targeting the mass market with less expensive models.'"
Faculty News

Prof. Scott Galloway's comments on Google+ at the DLD conference are highlighted

Forbes logo
Excerpt from Forbes -- "'Google+ is already dead,' said Scott Galloway, Clinical Professor of Marketing, NYU Stern, Founder & CEO of L2, a business intelligence firm, in Munich last month. 'It has a 98% decline in engagement rate, year-over-year.'"
Faculty News

Profs. Adam Alter and Deepak Hegde are named to the Poets & Quants "World’s Best 40 Under 40 Business School Professors" list

Poets and Quants logo
Excerpt from Poets & Quants -- "Alter provides Stern students with valuable insights into one of the most important skills in business: understanding what makes people tick. ... At Stern, Hegde has received extremely high ratings for his teaching in the part-time Langone MBA program. Of particular interest to his students may be Hegde’s research finding that venture capitalists are more likely to put money into startups with executives from the same ethnic background, and that when VCs and entrepreneurs shared the same ethnicity, startups were more successful."
Faculty News

Prof. Dolly Chugh's research on race and gender bias in academia is featured

The Chronicle of Higher Education logo
Excerpt from The Chronicle of Higher Education -- "Efforts to increase diversity among the faculty will be stymied if female and minority students aren’t given the same encouragement and support to enter doctoral programs, the researchers note."
Faculty News

Prof. Nouriel Roubini explains why he believes Greece's debt crisis will not lead to an exit from the European Union

Bloomberg logo
Excerpt from Bloomberg -- "I still have the view that, probably, the probability of a Greek exit from the Eurozone is very limited. Of course, both sides are playing hardball... There's not going to be any debt value reduction for the time being. Maybe maturity extension. So I'm still of the view that, step by step, they're going to reach a deal... This saga is going to continue, but short of a Greek exit."
Faculty News

Prof. Adam Alter discusses his research on pronounceable names

OZY logo
Excerpt from OZY -- "Names induce certain sentiments in the same way. 'What does a name remind us of, and is it appealing — does it glide off the tongue? Those are the biggest drivers in name choice,' says Adam Alter, a marketing professor at NYU’s Stern School of Business who has studied the perception of names."
Research Center Events

CGEB-CREFR Conference on China's Real Estate Markets

Conference on China's Real Estate Markets
On April 17, NYU Stern’s Center for Global Economy and Business (CGEB) and Center for Real Estate Finance Research (CREFR) co-hosted the Conference on China's Real Estate Markets. The conference brought together leading experts on China's real estate markets for an in-depth discussion of the origins of the Chinese property boom and a study of its consequences for the Chinese macro-economy, financial institutions and markets, government and the rest of the world.
Research Center Events

NET Institute Conference on Network Economics

Street view of the Henry Kaufman Management Center
Distinguished academics from around the world will convene to share their research in the rapidly evolving field of network economics at the 2015 NET Institute Conference, held in partnership with NYU Stern’s Center for Global Economy and Business.
Faculty News

Prof. Nicholas Economides's research on net neutrality is highlighted

Livemint logo
Excerpt from Livemint -- "The entire Net neutrality debate can be seen through the prism of such platform markets. After all, the telecom company providing Internet access deals with two sides: content providers and consumers. A fine analysis of digital networks as two-sided markets was made by the splendidly named Nicholas Economides of the Stern School of Business and the Swedish economist Joacim Tag."
Faculty News

Prof. Scott Galloway's comments on wearable technology are highlighted

Computer Weekly News logo
Excerpt from Computer Weekly -- "At the Demandware Xchange 2015 conference in Las Vegas, Galloway claimed the Apple Watch signals a nail in the coffin of the wearables market, because everything people can do on a wearable they can do on their phone.According to Galloway the Apple Watch is the deathblow to the overestimated wearables market, because the current conception of wearables is just an extension of your phone that does not add much additional value."
Faculty News

Prof. Holger Mueller's research on corporate debt and job security is featured

Financial Times logo
Excerpt from Financial Times -- "The most recent US downturn was so painful because US households’ borrowing binge in the first half of the 2000s left them stuck repaying large debts (often against assets that had plunged in value) and unable to spend money on new goods and services that they actually wanted... A fascinating new paper by Xavier Giroud and Holger Mueller argues that many US companies went through a similar experience, and that this made the downturn about twice as worse as it otherwise would have been."
Faculty News

Prof. Holger Mueller and Thomas Philippon's research on family businesses and labor relations is cited

The Economist logo
Excerpt from The Economist -- "Holger Mueller and Thomas Philippon, of New York University’s Stern Business School, suggest that family companies tend to have better labour relations than other firms. They keep their workers for longer and can call on deeper reserves of loyalty."
Faculty News

Prof. Johannes Stroebel's research on long-term discount rates is featured

The Economist logo
Excerpt from The Economist -- "Financial assets indicate how society values time. However, not many assets exist for very long but finite time periods... This is a problem when thinking of things far into the future—such as the long-term economic impacts of climate change... New research by Stefano Giglio, Matteo Maggiori and Johannes Stroebel of Chicago, Harvard and New York Universities tries to get around this problem. They exploit a quirk in the British and Singaporean real-estate markets... With this, the three economists can estimate the discount rate used to value very long-term assets."
Faculty News

NYU Global Research Prof. Ian Bremmer explains why Vladimir Putin is one of TIME's 100 most influential people

TIME logo
Excerpt from TIME -- "Putin’s place on this year’s list comes thanks to his gravity-defying ability to confront the West in ways that boost his popularity in a country suffering through an economic meltdown for which his own policies are largely responsible. No leader arouses more fascination around the world, because his actions speak a language of defiance that so many of his people want to hear, lifting him to levels of popularity that other leaders can only envy."
Research Center Events

Global Business Models for Speed and Scale

Henry Kaufman Management Center
The NYU Stern Center for the Globalization of Education and Management and the Center for Global Enterprise will host "Global Business Models for Speed and Scale," a conference on globalization and business, April 16-17.
 
Faculty News

Prof. Nicholas Economides is interviewed about Google's antitrust lawsuit

NPR logo
Excerpt from NPR -- "Economides says the biggest complaints against Google are coming from American companies, especially Microsoft, which was once itself a target of antitrust regulators in both Europe and the U.S. Economides says it's possible that U.S. regulators could still take action against Google. He says they're probably watching the European case very closely."
Faculty News

The Urbanization Project's Charter Cities initiative, led by Prof. Paul Romer, is highlighted

The Week logo
Excerpt from The Week -- "The second is charter cities, the brilliant idea by the development economist Paul Romer to create new 'Hong Kongs' in the world's poorest areas. Just as British governance in Hong Kong enabled millions of Chinese to escape Communist poverty — and eventually helped lead the Chinese Communist regime to reform, lifting hundreds of millions more out of poverty — this could be repeated across the world's poorest areas."
Press Releases

Data-Driven Management Is Not a Panacea for Improving Employee Performance

Steven Blader and Claudine Gartenberg
Companies should think twice before adopting data-driven management tools designed to spark friendly competition among employees, say NYU Stern Professors Steven Blader and Claudine Gartenberg and Columbia University Professor Andrea Prat in their new research paper, “The Contingent Effect of Management Practices.”
Faculty News

Prof. JP Eggers discusses Blackrock Chairman & CEO Larry Fink's views on short-term results and activist investors

Nightly Business Report logo
Excerpt from Nightly Business Report -- "In general, I would say that most of the activism that’s out there that goes beyond the monitoring of the CEO to make sure that they’re not engaging in kind of self-interested behavior tends to be value-destroying, because for the most part, there’s no way that those activist investors have got better information about how to run the company than the CEO does. If they really have better information, then the board should be firing the CEO and bringing in somebody new."
Faculty News

Prof. Nicholas Economides on Google's antitrust lawsuit in the European Union

BBC News logo
Excerpt from BBC -- "The law is stricter in the European Union... It's significantly stricter as to what defines... dominance. In the United States, people would say dominance requires 65% or more market share. Well, in the European Union, it may be 50, it may be even 40. So, that's a big difference. In the particular case we have in mind here, that doesn't really matter that much because Google has 90% market share in search in Europe. Therefore, the issue is not so much whether it's a dominant firm or not. It's more of the issue whether the particular allegations are seen by the Europeans as much more anti-competitive than by the Americans."
School News

NYU Stern undergraduate student Anish Patel, founder of Uplift Humanity, is featured

Vogue India logo
Excerpt from Vogue India -- "A non-profit, Uplift rehabilitates orphans and juvenile delinquents across India by delivering vocational training alongside a range of 'soft skills' to hundreds of (as he dubs them) at-risk youths. Ever the multitasker, Patel, who has his sights on a career in management consulting, just unveiled Uplift's fifth location in Delhi."

Archive