Experience Stern | News & Events

Excerpt from Bloomberg -- "The way a good firm translates to a good economy is that the good firm should hire and invest more and the issue we have seen is that these firms are great, they are productive and they are making lots of money, but they don't invest and hire as much as they should and as much as other successful firms did in the past. So that's the missing link between this efficient firm and this relatively inefficient economy."

Excerpt from the New York Law Journal -- "A 2017 report from NYU’s Stern School of Business evaluated 12 leading ESG measurement frameworks—including the UN Guiding Principles Reporting Framework, Bloomberg Social indicators, and the Corporate Human Rights Benchmark—which issue rankings, reports, or certifications for particular companies based on ESG metrics. The report found that for all twelve frameworks, more than half of the social impact indicators focused more on a company’s efforts than the impact of its those efforts."

Excerpt from The CPA Journal -- "A report on research into the effect of audit committees in the March 2018 CPA Journal (April Klein, 'Questioning the Effectiveness of Independent Audit Committees: Does the Current Regulatory Regime Improve Reporting Quality?' http://bit.ly/2LFI6mg) describes measuring various market and other effects of the audit committee and finding none..."

Excerpt from the Financial Times -- "Scott Galloway, professor of marketing at the New York University Stern School of Business, claims Apple’s decision to invest in high-end stores remains one of the group’s most revolutionary and successful ideas."

Excerpt from La República -- "The end of the volatility low in February 2018 was mainly due to the increase in interest rates in the US. but this effect would not have produced a prolonged period of high volatility, which is why I believe that Trump's trade policies have been an important cause."

Excerpt from U.S. News & World Report -- "Alex Dontoh, an accounting professor and director of the master of science in accounting program at New York University's Stern School of Business, says that a first-rate, graduate-level accounting curriculum should include technological training. He says that lessons on data tools like Python, XBRL and SQL are vital. He also says that knowledge of digital ledger technology, the global accounting network that allows for the transaction of digital currencies like bitcoin, commonly known as blockchain, is necessary. 'Our graduate accounting offerings have incorporated aspects of these technologies in the curriculum to better prepare our MBA and M.S. in Accounting students,' Dontoh said via email."

Excerpt from CyclingTips -- "Professor Barasch says that intent is critical. And bad news if you’re fixated on capturing something ‘Insta-worthy’. 'When people are thinking about getting the best photo for Instagram or Facebook, to get likes, to think about how they’ll be evaluated … this creates anxiety, fear of getting the perfect image.'"

Excerpt from Entrepreneur -- "'While there are a number of ways in which independent workers can potentially replicate the benefits that full-time workers have, the challenge is often bandwidth and the ability to have the right options placed in front of you,' Sundararajan says."

Excerpt from Inc. -- "'They know what website you're on. They're observing your behaviors,' Carr says.'[What's needed] is explanations of why people are doing these things. What's in people's hearts and minds?'"

Excerpt from Whitewall Magazine -- "The Fashion* Initiative encompasses education, mentorship, collaboration, and community. Designers participating in the Fashion* Initiative had the opportunity to partake in a series of sustainability-focused workshops with experts in the field, a trip to the Copenhagen Fashion Summit, and to engage and problem-solve through education via a live case study, with MBA team support, led by the NYU Stern Center for Sustainable Business through the 'Sustainability for Competitive Advantage' course."

Excerpt from The New York Times -- "'When you are talking to someone who is overburdened, become a sounding board for what needs to be renegotiated,' she added. 'It gives the other person the space to think about the boundaries of the work that was assigned and what can be renegotiated.' Maybe they need more time? Or more resources? Listen and help them find out."

Excerpt from MarketWatch -- "As for the analysis of ReadyForZero users, Kuchler and Pagel advised removing one variable from the equation: temptation. 'Allow consumers to select a certain amount to be deducted from their regular paycheck to be put towards debt repayment, and to make it costly or complicated to change this selection,' they wrote."

Excerpt from TIME -- "'There are lots of reasons why being able to save matters. Being able to have a deposit account that doesn’t cost very much, gives them access to their funds and allows them to cash checks and wages they receive or government transfers — all of that is really valuable and it improves people’s lives,' said Kim Schoenholtz, a professor of financial institutions and markets at New York University. 'Postal banking is one way of delivering that, but it’s certainly not the only way of delivering it.'"

Except from U.S. News & World Report -- "Kristen Sosulski, a clinical associate professor of information, operations and management sciences at New York University's Stern School of Business, says that some skills taught at MBA programs are relevant throughout the business world. For instance, business schools teach students how to maximize a company's efficiency, which is a vital skill, regardless of the sector they enter, Sosulski says. ... 'Whatever a candidate's career aspirations are, they need to have a clear idea of what they would like to do after school and the self-awareness to understand what holes in their skill sets need plugging,' Shah wrote via email."

Excerpt from Fortune -- "In April, four economists released a working paper that gave green-bond fans reason for optimism. They found that municipal bonds labeled 'green' paid six basis points (0.06%) less in yield than nongreen bonds—and that the effect doubled or tripled for bonds that took the extra step of being certified green. Bond yields fall when buyers drive up prices, so the lower yields suggest that demand for green bonds is stronger than the norm. On a typical muni bond, that could result in millions of dollars in savings on interest. Compared with those benefits, 'the cost of certifying a green bond is modest,' says coauthor Jeffrey Wurgler, a professor of finance at the NYU Stern School of Business, while borrower and investor alike 'get a green glow.'"

Excerpt from Yahoo Finance -- "'The great benefit of moving to six months: you cut in half this craziness, which people call "the earnings game" in which managers try to game analyst forecasts,' Lev said. 'It’s a whole game with lots of effort [and] money lost by investors who react to changes in analyst forecasts for no purpose at all.'"

Excerpt from CNBC -- "'We see this all the time with ... start-up founders or early leaders in these firms, where what they really want to do is do the vision, do the growth, build the ... reputation of the company. And when it comes to actually executing on the vision, they aren't always the best ones for that,' Eggers said Friday on 'Closing Bell.'"
 

Excerpt from WIRED -- "'Most people are, by now, smart enough to deal with noise that comes from workers that do not pay attention, or from bots,' Ipeirotis says."

Excerpt from Nightly Business Report -- (9:45) "If you believe that something’s going to go up and you want to buy the stock and hold it, all the more power to you. By the same rationale, if you think something is overpriced, I think you should be able to bet against that investment. I think it's healthy for the market to have both optimists and pessimists in the room."

Excerpt from The Atlantic -- "'Highlighting the number of workers who are teachers can be a particularly effective way of advancing that narrative.' It helps humanize the companies. It emphasizes the message that these are safe alternatives to regular cabs and hotels—as Sundararajan puts it, 'If society trusts this person with our children, then I feel more comfortable sleeping in their bedroom.'"

Excerpt from The New York Times -- "One of the main projects I worked on was to evaluate how we market Cooking advertisements to our clients. I had to understand how Cooking was being talked about on the consumer side and the business side. This project gave me the flexibility to explore the narrative around a media product, like Cooking, and how it differs depending on the target stakeholder. I was able to talk to several employees on the product, marketing, branding, tech and advertising side of Cooking — it was like a small start-up within The Times."

Excerpt from Bloomberg -- "I think one of the main reasons for studying market history is that things that happened in the past tend to repeat themselves, things like financial crises, we had one recently, it was kind of unexpected because we haven't had one for a long time. But just studying the way the markets behaved in the past, there are ups and downs, you can learn a bit about market cycles. An investor needs to know where we are, sort of, in a market cycle because that's valuable information."
 

Excerpt from Forbes -- "Like Estonia, Finland is obsessed with collecting data that can be used to simplify and better citizens’ lives. Both countries have guiding objectives that direct development of government and local company products and services."

Excerpt from Handelsblatt -- "Instead of dismissing a product as witchcraft, the good critic will offer counter examples but will also entertain the possibility that this product offers something that pure science ( in Goop’s case) has failed to offer. What would that be? A failsafe system to cure disease, to find happiness, and to fully connect mind, body, and soul. And let’s not forget that about 100 years ago, in the 1920s, doctors used to prescribe fresh air, sunshine, and the 'waters' when they could not offer a more scientific remedy to some people’s ailments."