Experience Stern | News & Events

Excerpt from Cointelegraph -- "'We all know that banks charge you a lot for transferring money,' told Sylla to Cointelegraph. Bitcoin and other cryptos hold the promise of making overseas payments less expensive and more secure. Breaking the banks’ so-called monopoly here would have benefits."
 

Excerpt from Medium -- “Tom Meyvis, a professor of marketing at New York University’s Stern School of Business, notes that removing gender labels from toys hands more control to the customer, allowing them to ‘decide for themselves what is the ideal product for their son or daughter, rather than being told this is the category your child falls into.’”

Excerpt from The Seattle Times -- "Boeing’s 'the less said, the better' approach created a vacuum that was ultimately filled by critical news reports that exposed deeper safety concerns and contradicted the company’s statements," Schenkler said.

Excerpt from Marketplace -- “'If necessity is the mother of invention, desperation is the grandmother of innovation, and this is a company that has to take risks,' said Scott Galloway, a New York University marketing professor."

Excerpt from L.A. Biz -- “'Companies that make sustainability a priority stand to benefit immensely, as sustainability initiatives also force them to identify efficiencies in their operations, maximize their supply chains and minimize waste,' said Tensie Whelan, director of the Center for Sustainable Business at NYU Stern, at a 2019 HSBC event on disruption and innovation in the retail and apparel industry. 'The result is often an increase in yearly revenue and a renewed sense of loyalty among consumers who see the company as a champion for sustainability.'”

Excerpt from The Baltimore Business Journal -- "If a company is channel stuffing, it ends up shipping more product than can be sold and accepting as returns more product than it can sell. Ultimately, channel stuffing catches up to the company because the company loses the ability to inflate its sales. The total loss ends up being revealed and the company's stock price takes a hit. 'It's a vicious cycle,' said, Joshua Ronen, a professor of accounting for the Leonard N. Stern School of Business at New York University."

Excerpt from The New York Times -- "An N.Y.U. data scientist who studies Mechanical Turk, Panos Ipeirotis, estimates that there are from 100,000 to 200,000 turkers, and that at any moment several thousand are doing tasks. The vast majority of turkers are believed to be in the United States — at least three-quarters, researchers say — with India a distant second."

Excerpt from Business Insider -- "Any company that creates more than $10 billion in shareholder value does one of two things: extend time (more time, saving time) or enhance time."
 

Excerpt from Bloomberg Tax -- “'Impairment makes a lot of conceptual sense,' said Stephen Ryan, a professor at the New York University Stern School of Business. 'In practice, it’s very difficult for a number of reasons.'”

Excerpt from The Place Brand Observer -- "My view on place branding has changed a lot. At the beginning it was strongly influenced by my economics studies, but it has evolved since then in that I’ve integrated psychology and sensory aspects. In fact, now I am working on the application of sensory branding to places. Moreover, nowadays the digital part of a brand and experiences needs also to be considered and measured."

Excerpt from Financial Times -- "A new economics note offers a reasoned argument against ultra-low interest rates; it is the most elaborate version of the so-called 'zombie effect' I have seen. Viral Acharya argues that low rates keep 'zombie firms' alive — these are commercially non-viable companies that only stay out of bankruptcy because banks 'evergreen' their loans at ultra-low rates rather than foreclose."

Excerpt from Thrive Global -- "'It’s worth noting that the law, through ADEA, only offers legal protection for people age 40 or older, “which opens up a separate line of inquiry as to why stereotyping the young as ‘lazy millennials’ is considered acceptable,' Michael North, Ph.D., assistant professor of management and organizations at the N.Y.U. Stern School of Business, tells Thrive."

Excerpt from Investor Place -- Professor Aswath Damodaran of New York University’s Stern School of Business made it clear that he prefers Lyft’s approach of focusing on passengers and sticking to the North American market for now: 'I’d take Lyft over Uber because Uber wants to be all things to all people. You’d think they’d learn from their mistakes. They tried in China and had to back out of China. I think being less ambitious in this business, until you figured out a business model, is better.'”

Excerpt The Atlantic -- "But Thomai Serdari, a luxury-marketing strategist and professor at New York University, nods to the 2008 financial collapse as the moment that helped more types of business realize that parachuting into a trendy neighborhood often makes more financial sense than committing to hang around for 20 years. 'No one wants to invest long-term, and brands don’t want to take risks with inventories,' Serdari says."

Excerpt from CCN -- According to Nobel laureate Robert Engle, an economist at NYU Stern, numbers show that geopolitical risk in the global economy is lower now than it was before.
 

Excerpt from The Modern Sale -- "So far, AI/ML has mostly been used to augment products that firms offer. For example, Gmail now includes a predictive typing feature that uses AI to “guess” at the next several words in sentences that I write. It is a nifty feature — not world-changing or anything like that, but certainly helpful. But, in the future, we will see lots more AI in lots more products/services/devices, and we will start to see firms reorganizing themselves in different ways to take advantage of what AI can do. It is still early days."

Excerpt from Moneyweb -- "In a study on the usefulness of published accounts, researcher Baruch Lev places much of the blame on the proliferation of estimates in financial reports: 'To a large extent, financial reports are based on estimates, judgements, and models rather than exact depictions,' he says."

Excerpt from Bloomberg -- “'If you are a trader, you can try to take advantage of the price drop, but the drop is [typically] small and short-selling costs tend to be large' New York University professor Aswath Damodaran said in an interview."
 

Excerpt from Harvard Business Review -- "To better understand the experience of women of color in the workplace in particular, see Minda Harts’s The Memo: What Women of Color Need to Know to Secure a Seat at The Table. For an exploration of identity, gender and race, read Jodi Patterson’s The Bold World. And for a more general look at how to lead in an inclusive way, take up Dolly Chugh’s The Person You Mean to Be: How Good People Fight Bias."

Excerpt from Business Insider -- "He says that Elizabeth Warren has run a 'masterclass' of a campaign and that she's 'impressive' and 'substantive.' But her 'attributes are viewed as negative simply because she is a she' — he thinks that the US is still too sexist to elect a woman.

Excerpt from The Economist -- "Illiquidity matters less if investors have longer horizons. A pioneering paper by Yakov Amihud and Haim Mendelson, published in 1986, posits that investors with the shortest horizons hold securities with the lowest trading costs; and bonds that are relatively illiquid are held by long-term investors, who can spread the higher trading costs over a longer holding period."

Excerpt from Business Insider -- "But NYU Professor Priya Raghubir says the real key to Target's success is that you don't actually regret buying anything. Those unplanned purchases, they're often things people do want, they just haven't thought of putting them on their shopping list."
 

Excerpt from Risk.net -- "From tariff spats to terrorist threats, geopolitical risk is a persistent driver of securities prices and financial markets. But according to Robert Engle – the NYU Stern economist who won the Nobel prize for his work on measuring volatility – market-watchers may be overestimating the impact of global tensions."

Excerpt from The Wall Street Journal -- "‘The idea that US markets are the most competitive in the world has been widely accepted in economics for several decades,' economist Thomas Philippon writes in 'The Great Reversal.' The thrust of his argument is that this idea is largely a myth. Even before the financial crash of 2007-08, he says, many Americans felt that there was something not right about the economy—that it wasn’t performing as advertised."
 

Excerpt from Fortune -- "Luckily for the planet, research from the New York University Center for Sustainable Business (CSB) shows shoppers aren't all talk but are actually following through with buying more sustainable goods. 'Across virtually every category of consumer packaged goods (CPG), sustainability is where the growth is, which I think tells you something about where consumers are,' CSB Director Tensie Whelan tells Fortune."