Faculty News

Professor Alixandra Barasch discusses her research on the impact of recording an experience for social media

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Excerpt from NBC News -- "'I could see some consumers getting upset because they want autonomy and freedom to do what they want, but I find that most people leave those experiences and feel very grateful to the person who asked them to put the phone away,' says Barasch. 'It takes away the choice. People always appreciate not having to choose.'"
Faculty News

Professor Tülin Erdem is interviewed about Bacardi's "Back to the Bar" in-person marketing initiative

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Excerpt from The New York Times -- "Tulin Erdem, chairwoman of the marketing department at New York University’s Stern School of Business, said the 'Back to the Bar' initiative created a 'nice experience for customers to see Bacardi employees, for community building, and for employees to see how customers relate to the brand.'"
Faculty News

Professor Scott Galloway underscores the influence of tech giants on the entertainment industry

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Excerpt from The New York Times -- "'Netflix is No. 1, spending 8 billion on original scripted television content and Amazon is No. 2, with 5 billion,' said Scott Galloway, the author of 'The Four: The Hidden DNA of Amazon, Apple, Facebook and Google.' 'Hastings and Bezos are the new studio chiefs, the new kings. Amazon could create the next "Game of Thrones" and monetize it by selling paper towels.'"
Faculty News

Professor Minah Jung's joint research on approval taglines and perception of political ads is spotlighted

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Excerpt from Pacific Standard -- "After viewing each ad, participants rated it for believability and bias, and assessed the sponsoring candidate in terms of honesty, sincerity, and qualifications for the job. For the second study, the 338 participants read and evaluated fictional campaign ads that did or did not conclude with the tagline. The results: 'Not only did the "stand by your ad" tagline enhance the perceived believability of policy attack ads,' the researchers write, 'it also produced more positive evaluations for the ads' sponsoring candidates.'"
Faculty News

Professor Robert Salomon is quoted in a feature story on HNA Group's recent acquisitions and debt

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Excerpt from The New York Times -- "'When companies go on acquisition sprees like this, they can suffer from what some call indigestion,' said Robert Salomon, an associate professor at the Stern School of Business at New York University. 'Deals are incredibly complex,” he added. “The real work is what happens after you buy something.'"
Faculty News

Professor Melissa Schilling shares insights from top innovators, from her book, "Quirky"

Excerpt from C-SPAN -- "In 2010, when Steve Jobs was looking very thin, students started asking me, 'What's going to happen?' How much of that magic is in the man himself, or how much of it is actually just a myth and it's really at Apple? Is that innovation capacity embedded in the organization structure, in the routines of Apple, or was it really him? Will we lose it? Is there a successor, can it be handed down? And fundamentally what people wanted to know was, 'Can I do it? How can I have that innovative capacity?'"
Faculty News

Dean Raghu Sundaram discusses the growing demand for talent with expertise in both technology and business, highlighting Stern's Andre Koo Tech MBA program

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Excerpt from Delta Sky Magazine -- "Like NYU Stern's traditional full-time MBA, the Andre Koo Tech MBA targets students with several years experience, but it has a more specialized focus: 'We are looking for people with a very, very deep interest in technology and a background in technology,' [Sundaram] says. 'It is aimed at people who are very clear that this is the career path they want to follow.'"
Faculty News

Professor Lawrence White explains why he does not believe the Royal Bank of Scotland will receive government subsidies to stem layoffs in its Stamford headquarters

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Excerpt from Stamford Advocate -- "'RBS is generally pulling back, and I don’t think there’s a lot the governor or state Legislature can do to avoid the pulling back,' said Lawrence J. White, a professor of finance at New York University. 'Trying to give them subsidies to stay is a losing bid. You can’t turn back the clock.'"
Faculty News

Professor Aswath Damodaran's research on stock market returns is cited

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Excerpt from Mic -- "Now, there are few investments that grow as much or as quickly as stocks: $100 invested in Treasury bonds in 1928 would be worth about $7,000 today, according to calculations from New York University finance professor Aswath Damodaran. That same money invested in the stock would be worth nearly $400,000."
Faculty News

The Dunning-Kruger effect, joint research by Professor Justin Kruger, is referenced

Excerpt from The Sun -- "Discovered in 1999, the effect was identified when a Mr McArthur Wheeler robbed two banks in Pittsburgh, USA, in broad daylight without a balaclava masking his face. Later that day, clear footage of Wheeler was all over the local news. He had smeared lemon juice on his face, thinking it would make him invisible to security cameras. Wheeler knew that lemon juice was used as invisible ink in letter writing but was stupid enough to believe it would hide his identity. This case came to the attention of David Dunning, a Cornell University psychology professor and his student Justin Kruger. And eventually it became the first recorded example of the Dunning-Kruger Effect."
Faculty News

In an in-depth interview, Professor Marti Subrahmanyam discusses Indian exchanges' move to restrict their trade data

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Excerpt from Livemint -- "The recent restrictions placed by Indian exchanges are against our own long-term interests: providing fair, competitive markets for our own investors. Investors will gravitate towards venues that provide best execution, greatest liquidity through the lowest transaction costs, minimal frictions in terms of regulatory costs."
School News

Senior Research Scholar Shlomo Angel discusses his research on the changing structure of cities

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Excerpt from The Economist -- "The emergence of AVs helpfully coincides with a change in the structure of cities, says Shlomo Angel, an urban-studies expert at New York University. He argues that the monocentric model, with a centre surrounded by suburbs, is a thing of the past. In many large American and European cities, jobs are moving from downtown to the periphery, and workers increasingly commute from one suburb to another, rather than to and from the centre. His analysis shows that 75% of jobs in a typical American city are outside the urban centre."
Faculty News

Professor Beth Bechky's joint research on problem-solving at work is referenced

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Excerpt from Harvard Business Review -- "Research by management professors Andrew Hargadon of UC Davis and Beth Bechky of NYU shows that those volunteering ideas in such companies do not mindlessly spit back answers to the questions posed; they respectfully build on the comments and actions of others, considering 'not only the original question but also whether there is a better question to be asked.' As they do this over and over, new solutions emerge."
Business and Policy Leader Events

Author Lecture Series: Quirky: The Remarkable Story of the Traits, Foibles, and Genius of Breakthrough Innovators who Changed the World

On March 1, The NYU Stern Office of Alumni Relations hosted an installment of the “Author Lecture Series” featuring Professor Melissa Schilling and Bloomberg View’s Justin Fox. The duo discussed findings from Schilling’s new book, “Quirky: The Remarkable Story of the Traits, Foibles, and Genius of Breakthrough Innovators who Changed the World”. 
Research Center Events

Executive Education Short Course: Disruptive Leadership: Fostering a Culture of Game-Changing Innovation

This program is intended for participants who want to create a culture that values and encourages new ideas. Participants will learn to rethink the habits that have made them successful in the past, and challenge the conventional wisdom and industry models that have defined their business.
Faculty News

Professor Irving Schenkler discusses the significance of Dick's Sporting Goods' new policy around gun sales

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Excerpt from CBC News -- "'It's corporate identity and corporate image,' he said. 'When Dick's Sporting Goods does this, it's very much linked to what their business is about … and a customer base that's more closely aligned with NRA interests.' Whether this represents an inflection point is hard to tell, though Schenkler said the company 'has opened the door' for gun retailers to reconsider their policies."
Faculty News

Professor Arun Sundararajan shares how social media has influenced the way younger generations approach work

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Excerpt from BBC Capital -- "'This is a generation that has actively had entrepreneurial opportunities growing up – in many ways, if you’ve grown up managing your personal brand on Instagram, you’re much better wired to think of yourself as an individual brand instead of a cog in an organisational machine,' says Arun Sundararajan, a business professor at New York University."
School News

Research by the NYU Pollack Center for Law & Business on SEC enforcement actions is referenced

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Excerpt from Law360 -- "Their statements seem to contradict two reports released this fall by a Georgetown University Law Center professor and by the New York University Pollack Center for Law & Business and Cornerstone Research that found that enforcement actions dropped in the most recent fiscal year and fell particularly sharply once the SEC went under the Trump administration’s control in late January of 2017..."
Faculty News

Professor Michael North is interviewed for a feature story on age-based discrimination in hiring practices

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Excerpt from The Wall Street Journal -- "That shift has stoked subtle stereotypes about older workers’ performance and willingness to learn, which can have tangible effects on their careers, said Michael North, assistant professor of management and organizations at New York University’s Stern School of Business."
Faculty News

In an in-depth interview, Professor Tensie Whelan shares how companies can accelerate their adoption of sustainable business practices

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Excerpt from Hitachi Research Institute -- "So, companies should set public targets, incentives to employees tied to targets, reporting and assessment on those targets and training for employees in sustainability. They can also bring in partners, such as NGOs, other corporations, corporate associations, and government agencies that are working on the issues that are important to them so that their employees can get exposure to different ideas and assistance with implementation."
Research Center Events

A Fireside Chat with Ben Golub, Chief Risk Officer, BlackRock

NYU flags outside of the Henry Kaufman Management Center
On February 28, the NYU Stern Center for Global Economy and Business will host a fireside chat with Ben Golub, Chief Risk Officer, BlackRock. 
School News

The increase in recruitment of Stern MBA students by tech firms is highlighted

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Excerpt from Clear Admit -- "And at NYU Stern School of Business, technology placements have more than doubled over the past five years. They represented 16.8 percent of all hires last year—up from 10 percent the year before."
School News

The appointment of ​Raghu Sundaram ​as Dean ​is featured

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Excerpt from BizEd -- "On January 1, Rangarajan 'Raghu' Sundaram took up his new duties as dean of New York University’s Stern School of Business. Sundaram, who joined Stern’s faculty a little more than two decades ago, is the Edward I. Altman Professor of Credit and Debt Markets and professor of finance; he has been vice dean of MBA programs since 2016. He succeeds Peter Henry, who had held the deanship since January 2010."
Faculty News

Professor Samuel Craig’s comments on NBC's Winter Olympics ratings are featured

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Excerpt from the Stamford Advocate -- "'The good news for NBC Sports is they beat the competition handily. The bad news is overall ratings are down,' said Sam Craig, director of the entertainment, media and technology program in New York University’s business school. 'But those trends reflect a general decline in TV ratings.'"

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