School News

Center for Business and Human Rights Deputy Director Paul Barrett shares his views on Facebook's efforts to combat disinformation

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Excerpt from Associated Press -- "But if Facebook knows information is wrong, why not remove it? That’s a question posed by Paul Barrett, deputy director at the New York University Stern Center for Business and Human Rights. 'Making a distinction between demoting (material) and removing it seems to us to be a curious hesitation,' he said."
School News

Stern's Andre Koo Technology and Entrepreneurship MBA program is highlighted in an article on specialized MBA offerings

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Excerpt from Find MBA -- "Specialist MBA programs also go a long way towards addressing concerns that business schools have not effectively responded to new employer demand for more specialist skills, such as digital technology. One striking example of this is the Tech MBA at NYU Stern School of Business in New York City. Launched in 2018, the program was developed with insight from senior tech industry executives from such companies as PayPal, BuzzFeed and Amazon. The syllabus builds broad knowledge in fundamental business skills, such as economics and marketing, while also honing students’ core technology skills such as business analytics and product management."
Faculty News

In an interview, Professor Amy Webb addresses the significance of the gap between the US and China on AI, from her book, "The Big Nine"

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Excerpt from Fortune -- "'I think democracy is at stake—I’m not joking,' Webb says. 'I think our way of living is at stake and the future of how we do business globally is at stake.'"
Faculty News

Professor Marc Hodak provides historical context on the legal battle between Henry Ford and the Dodge brothers

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Excerpt from HowStuffWorks -- "'The number one reason that case is cited is for Ford supposedly wanting to do right by his workers,' says Marc Hodak, an adjunct professor in New York University's business school. 'The idea that he was actually trying to squeeze out the Dodge brothers is something that's often lost.'"
School News

Professor Allen Adamson explains why the Egyptian Theatre in Hollywood is an appealing purchase for Netflix

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Excerpt from New York Post -- "'They can say, "We premiered our film on Hollywood Boulevard,"' Adamson said. 'It allows them to legitimatize their content and get into the big leagues. Hollywood movies are the ultimate content.'"
Faculty News

Professor Rosa Abrantes-Metz discusses antitrust legislation and big tech firms

Excerpt from Adweek -- "… These small businesses that people like Senator Warren are concerned about, those are not consumers. They are producers. Those are competitors. And that doesn’t, in my view, fall in the context of antitrust policy."
School News

In a joint op-ed, Stern senior research scholar Steven Altman and associate research scholar Phillip Bastian write about how North Korea's international trade patterns imply a path forward for negotiations with the US, from their recent work on the DHL Gl

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Excerpt from Nikkei -- "With the world watching, the second Trump-Kim summit in Hanoi failed to produce an agreement, implying a mismatch between Trump’s pitch of prosperity via international trade and investment and Kim’s reliance on nuclear weapons for his regime’s survival. But, despite escalating tensions following the summit, there still is potential for progress."
Faculty News

Professor David Yermack's research on the impact of Michelle Obama's fashion choices is cited

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Excerpt from Go Banking Rates -- "According to a study done by David Yermack, a business and finance professor at New York University’s Stern School, Obama’s fashion choices are worth $14 million per appearance to the designers."
Faculty News

Professors Robert Engle and Johannes Stroebel's joint research on hedging climate change news is spotlighted

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Exceprt from the Harvard Law blog -- "In our proposed approach, rather than buying a security that directly pays off in the event of a future climate disaster, we construct portfolios that have short-term returns that hedge news about climate change over the holding period. By hedging, period by period, the innovations in news about long-run climate change, an investor can ultimately hedge her long-run exposure to climate risk."
School News

Stern's Langone Part-time MBA program is featured in a roundup of part-time MBA programs at top b-schools in the northeast

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Excerpt from MetroMBA -- "The program features an accelerated option allowing students to opt for a flexible class schedule, as well as evening and weekend courses to complete their MBA in two years without interrupting their work schedule. Current Langone students, faculty, and alumni have access to the Langone Speaker Series, which '… provides a unique platform to deepen conversations about timely events with the decision-makers that are helping shape today’s industries.'"

School News

In a podcast interview, Professor and Vice Dean for Online Learning Kim Corfman shares how Stern’s new online MS in Quantitative Management prepares early-career non-business majors to build knowledge in business fundamentals and business analytics

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Excerpt from Accepted.com -- "[The MSQM program] is for people without business degrees, and combines the business essentials (essentially MBA core courses) with an emphasis on analytics. It is designed to help professionals become more able to use data, which is very important to their professional success – how to ask for data, analyze it, and make decisions from it. It is online and you can attend from anywhere, with two short residential immersions each August, offering the chance to meet the cohort and do interactive face-to-face work. The program is lockstep and fits well with working professionals’ schedules, and can reach people all over the world."
School News

Deputy Director of the Center for Business and Human Rights Paul Barrett voices his concerns in response to the proposed social media regulations in the UK

Excerpt from CNET -- "'First, it raises the specter of government censorship,' he said in a statement. 'Second, it shows how the failure of the social media companies to exercise more vigorous self-governance, especially when it comes to disinformation, has created the risk of government overreach.'"
Research Center Events

Shared Space Under Pressure: Business Support for Civic Freedoms and Human Rights Defenders

Kaufman Management Center
On Monday, April 8, the NYU Stern Center for Business and Human Rights will host an event exploring why and how companies should support civic freedoms and human rights defenders around the world, drawing upon recently launched guidance, “Shared Space Under Pressure: Business Support for Civic Freedoms and Human Rights Defenders”, commissioned by the Business & Human Rights Resource Centre and International Service for Human Rights. 
Research Center Events

Fireside Chat with Roberto Azevêdo

NYU flags outside of the Henry Kaufman Management Center
The NYU Stern Center for Global Economy and Business will host a fireside chat with World Trade Organization Director-General Roberto Azevêdo on April 8, 2019.
Faculty News

In a contributed article, Professor Anika Sharma writes about the value of Instagram's in-app purchase feature for brands

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Excerpt from Ad Age India -- "So what does this all mean for brands? For one, it means that brands now have options. It is possible for brands to offer brand experiences in ecosystems outside of Google. It also means that now brands can deliver a great user experience without the consumer ever leaving their favorite ecosystem. Instagram is the first social media channel to offer the new checkout feature and users love it."
Faculty News

Professor Amy Webb comments on the potential dark side of smart home devices

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Excerpt from CBC Radio -- "We don't always know what data they're collecting, who that data is being shared with, and ultimately—down the road—how that information could be used against us in ways that make us uncomfortable, she told Spark host Nora Young."
Faculty News

In an interview, Professor Nouriel Roubini discusses the state of Europe's economy

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Excerpt from Bloomberg -- "'We’re in the middle of a global slowdown, and this slowdown is particularly more severe in Europe and the euro zone,' Nouriel Roubini, chief executive officer of Roubini Macro Associates Inc., told Francine Lacqua and Tom Keene on Bloomberg Television. 'Europe is on the verge of a recession.'"
Faculty News

Professor Paul Romer shares his views on the impact of a carbon tax in Canada

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Excerpt from The Globe and Mail -- "We need to just say, ‘Look, we’re going to start to put a tax on this.’ And that will mean that the people who were thinking about using carbon-based fuels will ... have an incentive to switch, and others will have an incentive to discover new solutions."
Faculty News

Professor Baruch Lev's book, "The End of Accounting," is cited

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Excerpt from Forbes -- "Accounting professors like Bob Kaplan and Tom Johnson long ago provided more detail on why traditional accounting no longer makes sense, and some like Baruch Lev can tell you about alternative methods that properly take intangible assets into account."
Faculty News

Professor Adam Alter explains why "streaks" on apps are addictive

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Excerpt from The Cut -- "'The issue is that they tip into negative territory when they inspire obsessions,' he explains. 'A streak that gets you to take 10,000 steps every day is good until you have a stress injury, and push through it because you don’t want to abandon the streak.'"
Faculty News

Professor Aswath Damodaran's research on equity risk premiums is highlighted

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Excerpt from ETF.com -- “Equity risk premiums can change quickly and by large amounts even in mature equity markets. Consequently, I have forsaken my practice of staying with a fixed equity risk premium for mature markets, and I now vary it year to year, and even on an intra-year basis, if conditions warrant.”
Faculty News

Professor Joshua Ronen's joint research on the impact of the CARD Act is referenced

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Excerpt from Brookings Institute blog -- "Geng Li of the Federal Reserve Board and Yiwei Dou and Joshua Ronen of New York University find that, following passage of the CARD Act, competition declined significantly in the market for consumer credit cards relative to the market for small business credit cards, which were not subject to the Act."
Faculty News

Professor Vasant Dhar shares his views on the future of work at the CNBC@Work Summit

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Excerpt from CNBC -- "Will AI replace us? Will there be anything left to do for humans? ... Yeah, there will be plenty left for humans to do. The question is will that be meaningful and will that have opportunities for growth and will that be where the value is being added, right? So after the machine does its stuff, how much value will humans add?"
School News

In a feature story on Stern's Fashion & Luxury MBA program, NYU Stern Fashion & Luxury Council member Nicolas Topiol, chief executive of Christian Lacroix, and MBA students Gina Dai and Christian Trautwein are quoted about the program's benefits; Professo

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Excerpt from Vogue Business -- "In addition to teaching a course on licensing, Topiol has advised his mentee about job interviews and her potential career trajectory. ... employers have shifted from relying on homegrown talent to requiring graduate expertise, says candidate Christian Trautwein. ... Gina Dai, who worked for two years in the consumer beauty finance division of Coty, says that she doesn’t think she would have been able to switch to the marketing role she’s now targeting without going to Stern and benefiting from the expertise of professors."
School News

In a podcast interview, Dean Raghu Sundaram discusses the different advantages of both one-year and two-year MBA programs

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Excerpt from BusinessBecause -- "If one is exploring prospects for switching careers, the two-year MBA offers you much greater flexibility in terms of exploring different career opportunities, doing an internship -- the internship is a crucial part of the two-year MBA -- and deciding what it is that you'd really like to do. The one-year MBA is more appropriate when you're clear about what area you want to go into and it's more optimized for people who are very specific about their career path."

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