Experience Stern | News & Events

Excerpt from The Real Deal -- "Even if those suits just get settled, Ackman stands to recoup some of his investment, said Lawrence White, a professor at New York University’s Stern School of Business who also co-authored 'Guaranteed to Fail,' a 2011 book critical of Fannie and Freddie. 'The shareholders are there, and I think they’ve got a pretty good story to tell, about why they should be entitled to a share of the profits,' White said. 'The shareholders will end up with something.'"

Excerpt from Re/code -- “You either pay to play or you go out of business. … It’s slowly sucking the air out of all the other big e-commerce players.”

Excerpt from The Huffington Post -- "'Cities have to consume a certain amount of land and citizens decide that,' he said. 'It's the transport system that has to adapt to the structure of the city. Do not expect the city to adapt to your transport system.'"

Excerpt from Project Syndicate -- "The disputes between China and several of its neighbors over disputed islands and maritime claims (starting with the conflict with Japan) are just the tip of the iceberg. As China becomes an even greater economic power, it will become increasingly dependent on shipping routes for its imports of energy, other inputs, and goods. This implies the need to develop a blue-water navy to ensure that China’s economy cannot be strangled by a maritime blockade."

Excerpt from The New York Times -- "In 2011, Aswath Damodaran, who teaches finance at New York University, found that biotech and drug companies on average paid corporate tax rates under 6 percent, while some companies whose profits come from unmovable stuff — like integrated petroleum firms and electric utilities — paid over 30 percent."

Excerpt from Al Jazeera -- "A large part of what's driving the sharing economy isn't just economic... but it's a desire to form genuine connections with other human beings as a part of everyday consumption of goods and services."

Excerpt from CNBC -- "If there is a politician who is courageous enough to take on this challenge, here is my advice. First, keep the new tax law simple since complexity is guaranteed to bring with it unintended (and bad) consequences. Second, remember that the tax code is first and foremost a revenue-generating device and not an instrument for social change or punishing bad behavior."

Excerpt from The Wall Street Journal -- "The sport draws writers, engineers, even a Nobel Prize-winning economist: Robert Engle, a New York University professor and avid ice dancer. 'It's a great sport,' says the 71-year-old laureate, putting a positive spin on his pastime. It's a good way to get exercise and it 'clears your mind,' he says."

Excerpt from Bloomberg -- "Overall, the global economy is recovering. The average advanced economic growth is two percent this year, rather than one...It has been a bumpy time for many emerging markets, but on average they're going to still grow five percent, so there is a recovery of the global economy, but I would say there's a whole bunch of risk."

Excerpt from Voice of America -- “'One of them is higher productivity of U.S. labor aided by advancements in computer technology,' said Natalia Levina of New York University. 'Other reasons might be the need to keep inventory levels low [which] means that manufacturing has to be close to consumption.'"

Excerpt from Wall Street Oasis -- "We are VERY pleased to announce that the legendary Professor / Author / Blogger Aswath Damodaran will be the keynote speaker at the 2014 WSO Conference (Sat June 28th in NYC) along with speakers Josh Rosenbaum and Gene Rubio."

Excerpt from The Washington Post -- “'We found that faculty ignored requests from women and minorities at a higher rate than requests from white males, particularly in higher-paying disciplines and private institutions,' Katherine Milkman of the University of Pennsylvania, Modupe Akinola of Columbia University, and Dolly Chugh of New York University report in their study titled 'What Happens Before? A Field Experiment Exploring How Pay and Representation Differentially Shape Bias on the Pathway into Organizations.'”

Excerpt from ABC.net -- "That, to me, is the most staggering piece: that this color, something that we see visually, can actually change how we feel physically. It turns us into weaker people as we perceive the color...It was such a fascinating effect to me that it became an emblem for what I discuss in the book, which is how the world, in all sorts of strange ways, influences how we think, feel and behave in ways that we wouldn't expect."

Excerpt from The New York Times -- “'I would call this a rookie move,' said Scott Galloway, a professor of marketing at New York University. 'Doing it on Twitter is no different as if they’d changed their uniforms to bull’s-eyes.'”

Excerpt from LinkedIn -- "Operating as a luxury brand implies investment in long-term brand value. Simplicity and clarity help you remain focused so that you can keep producing well-developed, complex ideas that are executed with care and attention."

Excerpt from Portland Press-Herald -- "The research – by Harvard Business School Assistant Professor Uma Karmarkar and Bryan Bollinger, an assistant professor at New York University’s Stern School of Business – showed that the correlation between reusable bags and indulgent foods doesn’t apply to people with children at home."

Excerpt from St. Louis Post-Dispatch -- “'It’s really expansive for the economy,' [Sundararajan] says. 'You’re creating greater variety and you’re using resources more productively. Cities need to recognize that this is good for the local economy.'”

Excerpt from MarketWatch -- “'I think the headline for the past earnings quarter was Wells Fargo,' notes Roy Smith, a professor at New York University’s Stern School of Business and a former general partner at Goldman Sachs Group Inc. 'They seem to have their business model operating on all cylinders.'"

Excerpt from Bloomberg -- "Unusual trading patterns around the afternoon fixing in London are a sign of collusive behavior and should be investigated, Rosa Abrantes-Metz, a professor at New York University’s Stern School of Business, wrote in a draft research paper, which was reported by Bloomberg News in February."

Excerpt from Sydney Morning Herald -- "Another cue is the use of sound. Consumers are more willing to part with their hard-earned cash when they're in a shop playing fast-tempo, upbeat music. 'If you're thinking faster, and you're on that tempo, you're likely to respond by spending more quickly,' [Alter] says."

Excerpt from Forbes -- “'It enriches their perspective,' says Anat Lechner, Professor of Management and Organizations at NYU Stern School of Business, who is not bringing her children to work today, but has had them observe her classes and lectures in the past. 'It gives the kids a perspective on their parents and the question of work, and has them see their parents in a very different capacity.'”

Excerpt from The Economist -- "Berkshire Hathaway has beaten the market over the long run by investing in relatively low-risk stocks the market was underpricing, according to 'Buffett’s Alpha', a study by three economists, Andrea Frazzini, David Kabiller and Lasse Pedersen. The study found that when it comes to outperforming the market on a sustained basis (see chart), Berkshire Hathaway is arguably without equal."

Excerpt from Entrepreneur -- “'One strategy is adding features that mimic the old-world experience to enhance familiarity,' says Sundararajan. 'They can integrate what people might miss from the old experiences they are trying to disrupt, and create that bridge.' For instance, Airbnb launched its own concierge service, so that travelers could still feel pampered as if they were at a traditional hotel."

Excerpt from USA Today -- "One of the take-away messages of the survey is that employers are expecting more of their employees in entry-level jobs, says Prasanna Tambe, an assistant professor at the New York University Stern School of Business, and one of the authors of The Talent Equation. Those first jobs are more complex than they used to be, requiring more industry acumen and technical skills, he says. In fact, for many jobs today, it's important to have a blend of interpersonal and technical skills, Tambe says. It's hard to get all that from classes in college. A lot comes from hands-on work experience."

Excerpt from Forbes -- "'We have young people losing their lives sewing clothes,' she said at a forum at NYU’s Stern School of Business, where she presented her report, co-authored with the center’s research director Dorothée Baumann-Pauly. Since last July, Labowitz and her colleagues have interviewed more than 100 people about business practices in the supply chain, including factory owners, buyers, agents, workers, trade unionists, journalists, bankers and finance professionals and academics in Bangladesh and in the U.S."