Experience Stern | News & Events

Excerpt from From Day One-- "While at least one company director, investor Erskine Bowles, warned Zuckerberg and Sandberg that the fallout from Russian misinformation would be worse than they expected, their lack of quick action underscores the importance of having 'people with the courage to address the issues' in a company’s leadership, said Prof. Brenner. 'It’s often when companies are successful they miss a lot of these issues, they get complacent and stop asking the hard questions.''

Excerpt from InsideSources-- "'A quite legitimate action of hearings is simply to be a forum, a vehicle for airing various concerns on legislative and regulatory issues,' he said, 'so even if legislation doesn’t follow from any particular hearing, they still serve a value highlighting concerns and bringing issues into public dialogue.'"

Excerpt from Vogue -- "In 2010, a study from New York University’s Stern School of Business by Professor David Yermack discovered that when Obama appeared in a garment it added, on average, $14 million in value to that company."

Excerpt from Poets & Quants -- "As we got to know each of the top 50, we learned that no matter what sparked their interest in teaching business school undergrads, the first time setting foot in front of a classroom to deliver a lecture was momentous for all. Professors use words such as 'electrifying' and 'thrilling,' and such phrases as “unforgettable experience filled with fun” and simply, 'a blast.'"

Excerpt from CGTN-- "I would say from the point of view of a democracy, given that the present deal is so far away from what people thought they were getting, it makes real sense to have a really thorough debate, and even the possibility of another referendum."

Excerpt from The Washington Post-- "As Greg Lukianoff and Jonathan Haidt chronicle in their new book, 'The Coddling of the American Mind,' today’s young people tend to be obsessed with safety, troubled by a pervasive sense of threat. Consequently, understandably, they’re anxious and depressed."

Excerpt from Value Research -- "Lev and Gu make several specific recommendations on how financial reports can be made relevant again - by reporting numbers in a way that emphasises 'strategic assets' and how they are nurtured and grown by organisations. Further, they suggest that modified cash flows (adjusted for investments in these assets and after taking into account the cost of capital) are best used by investors for deciding on investments."

Excerpt from Marketplace -- "Clearly, you know, when you're injecting that amount of money, there's a tremendous amount of influence on the founders and the leadership."

Excerpt from CNN-- "In terms of the city, there's no arguing this will be good, on most dimensions, for New York. You have to credit Mayor Bloomberg's vision to make the requisite investments to get a third university. The one thing... that's common among any company that's been able to add tens of billions of dollars in shareholder value in a matter of years, not decades, is that they're all headquartered within a bike ride of a world-class engineering university."

Excerpt from MacroBusiness -- "So when Solly Angel observes that across the United States that 'the great majority of workplaces (are) now dispersed outside CBDs, employment sub-centers or live-work communities, and (are) beyond walking or biking distance' he is saying so as a well-informed global expert."

Excerpt from Politico -- "Haidt, co-author of the recent book The Coddling of the American Mind, called Quillette in an email 'a gathering place for people who love to play with ideas and hate being told that there are ideas they are not supposed to play with.'"

Excerpt from The Wall Street Journal -- "'Giving people a phone that does less is asking a lot of consumers,' said Adam Alter, associate professor of marketing at New York University and author of the book 'Irresistible: The Rise of Addictive Technology and the Business of Keeping Us Hooked.'"

Excerpt from Fairfield County Business Journal -- '"It is 10 years since the Lehman Brothers bankruptcy,' observed Robert F. Engle, the 2003 Nobel Prize for Economics laureate, during a recent presentation at Sacred Heart University’s Center for Applied Business Research. 'At the time, we had very sketchy theories about systemic risk, whether we could have financial meltdowns or not. Over the last decade, we learned lots of things. We have lots of research now that helps us understand where financial crises come from and how likely they are to happen again.'”

Excerpt from Yahoo! Finance -- “'Second, because the stimulus was poorly timed, the US economy is now overheating, and inflation is rising above target. The US Federal Reserve will thus continue to raise the federal funds rate from its current 2% to at least 3.5% by 2020, and that will likely push up short- and long-term interest rates as well as the US dollar,' Roubini said, predicting a major financial crisis by 2020."

Excerpt from Recode -- "Amazon is now talking about having three headquarters, Seattle, Crystal City and Long Island City. The Bezos’ also own three homes, and the average distance from those three homes to a headquarters is 6.4 miles, so this was never a contest. It was a con meant to induce ridiculous terms that they then took to the cites all along that they knew they were going to be in."

Excerpt from Bloomberg -- "Since then, the accuracies have been somewhere between 80 percent and 90 percent based on one year before bankruptcy. The accuracy is not as high as when we first built the model, but it’s still being used. There are other variables that one could use, and it probably makes sense to build new models using new tools such as machine learning."

Excerpt from the CNN-- "The decision to step back from those markets in Western Europe may have been driven by how competitive the market is there, said Robert Salomon, a professor of international management at NYU's Stern business school. 'It's very difficult for them to enter with a proposition to say "Hey, we're the espresso coffee company,"' he noted. But in China, Starbucks can set itself up as a coffee destination."

Excerpt from TED -- "'You can think of diversity as the gateways — to schools, communities, organizations — while inclusion includes the pathways that lead up to and through those gateways. Gateways include decision points such as admissions, hiring, promotions and salary decisions. Pathways are the moments that can shape those outcomes, but they tend not to be trackable by official statistics."

 

Excerpt from Ad Age -- "Anat Lechner, a clinical associate professor of management and organizations at NYU's Stern School of Business, said that having an office party with a partly clothed dancer is disrespectful to employees and indicates that such behavior is tolerated at the highest levels. 'In a day and age when Me Too is so pervasive, to hold an event like this you have to be ... I don't even know what. Blind at best,' she says."

Excerpt from InformationWeek -- "New York University Stern School of Business Professor Baruch Lev co-authored a book entitled The End of Accounting, which identifies a disconnect between the traditional accounting of tangible assets and how that applies to intangible assets. As he points out in his blog, '[C]orporate balance sheets proudly exhibit industrial age buildings, machines and inventory, while blockbuster patents or leading brands are MIA on the balance sheet.'"

Excerpt from Chicago Tribune -- “'There was a general perception that they would take money from anyone,' said Arun Sundararajan, a professor at New York University’s business school who wrote a book titled “The Sharing Economy: The End of Employment and the Rise of Crowd-Based Capitalism.”

Excerpt from Sustainable Brands -- "Kicking off the conference was NYU Stern Center for Sustainable Business (CSB) Director Tensie Whelan, who broke down the Center’s new Sustainability Monetization Framework tool for unlocking growth opportunities."

Excerpt from euronews -- (translated from Spanish using Google Translate) "Foudy believes that if Trump loses the mid-term elections, a quick deal with Europe would be possible: 'Most trade negotiations are measured in years, sometimes in decades and not in months... I believe that if the President feels hurt in these elections, Europe could really see an opportunity to close a deal and see it in the next 3 or 4 months on the most favorable terms.'"

Excerpt from Crain's New York Business -- "This is tremendously important, not just because it gives employees the time and flexibility to vote, but because it provides them with another nudge that it's Election Day. When your CEO emails you and sends a calendar invite about the importance of voting, you get the message."

Excerpt from InsideSources -- "'Money gets you access,' said Lawrence White, professor of economics at New York University’s Leonard N. Stern School of Business. 'Even if it comes a Democratic Congress, and there’s financial reform regulation on the table, the Wall Street guys want to be able to talk to the staff of the Senate Banking Committee and the House Financial Services Committee,and just point out, here are the implications [from our end].'"