Experience Stern | News & Events

Excerpt from Fast Company -- "Vasant Dhar, an artificial intelligence researcher and professor at New York University’s Stern School of Business, says some countries are working on systems that could more easily free up data for such projects. A data protection bill on the table in India would create an app where people can collect and view their data, for instance. It would also appoint a “data fiduciary” to each account, someone who would act as a gatekeeper to a person’s data."
 

Excerpt from Forbes -- "The book, When the President Calls: Conversations With Economic Policymakers, by NYU professor Simon Bowmaker, sheds new light on the inner workings of how things get done in the executive branch. It involved extensive interviews with dozens of past economic bigwigs, including Alan Greenspan, Paul Volcker, Austan Goolsbee, Janet Yellen, Robert Rubin, and Hank Paulson. "

Excerpt from Bloomberg Quint -- "Systemic risk across India‘s financial institutions has remained range bound despite recent attempts to improve the level of capitalisation across the country’s state-owned banks, according to Nobel Laureate Robert Engle."

Excerpt from Vox -- "'I think the value of a diamond is zero. It's entirely the value you have, in regards to the person who gave it to you.'"

Excerpt from Business Insider -- "Meyvis said the preorder program was a time-worn marketing strategy known as the 'foot-in-the-door' technique.'You get people to make a small commitment, and then they're more likely to make a big commitment later on,' he said. Meyvis agreed with the idea that the psychology here is comparable to a Kickstarter campaign, which has helped many innovative brands generate interest in their product concepts."

Excerpt from Brookings Institute Blog -- "Using corporate deposit and loan transaction data for European banks from January 2006 to June 2010, Viral Acharya of NYU Stern School of Business and coauthors find that the European Central Bank’s increase in liquidity provision beginning in October 2008 lowered deposit spreads for both high-risk and low-risk banks, but reduced loan spreads only for low-risk banks."

Excerpt from CNBC -- "Even if they are giving them as gifts, buying secondhand allows people to get their hands on items they would otherwise feel guilty purchasing, such as designer clothes or something that isn’t necessarily useful to them, said Tom Meyvis, a professor of marketing at New York University’s Stern School of Business."

Excerpt from Bloomberg -- “'The issue is not whether they can survive tomorrow,' said Allen Adamson, co-founder of marketing consulting company Metaforce. 'But whether they will thrive the day after tomorrow.'"

Excerpt from Livemint -- "Research by New York University professor Pankaj Ghemawat shows that differences between countries—be it geographic, cultural, administrative or economic—matter to a company’s performance in different regions in significant, predictable ways. The greater the distance, the relatively weaker the subsidiary’s performance, showed the research, citing Walmart Inc.’s performance in different countries."

Excerpt from mbaMission -- "Having taught at Stern for more than a decade as an adjunct associate professor (and earning the 1996 Stern/Citibank Teacher of the Year Award), Jeffrey Carr joined Stern’s full-time faculty in 2007 and is now a clinical professor of marketing and entrepreneurship. Carr also serves as director of the NYU Stern Fashion and Luxury Lab, which was launched in 2017."

Excerpt from Accepted.com --"We want students to leave with preparation for the future. When thinking about how quickly things are changing – technology, how people work – we think about how we prepare students to embrace that change. Change: Studio brings together leadership, experiential learning, and entrepreneurship in co-curricular programming to provide a structure with which to drive change in an organization. The curriculum overall is called Dare It, Dream It, Drive It. Dare It is focused on leadership, Dream It on experiential learning, and Drive It on starting something new. Everyone goes through the beginning stages of Change:Studio with orientation in the leadership simulation and then they can opt into the Change:Studio program."

Read More

Excerpt from MarketWatch -- "Professor Lawrence White, who teaches on antitrust matters at the New York University Stern School of Business, doubted much more cross selling would occur because companies like Schwab and TD Ameritrade already had strong incentives to do that now."

Excerpt from Business Standard -- "Noble-prize winning economist Robert Engle said that a number Indian financial institutions may require significant additional capital in the event of a financial shock. The majority of financial institutions that show such signs of the need for additional capital were state-owned banks, he said in a talk in Mumbai on Tuesday."
 

Excerpt from Quartz India -- "Everyone’s in it for the long-haul as 'millions of users in small towns and smaller cities are getting online for the first time, propelled by cheap smartphones,' Anindya Ghose, professor of technology, operations, and statistics at New York University’s (NYU) Stern School, told Quartz. 'All this makes it very attractive for large players, both global and local, to battle it out in the space. And there is imminent competition from newer entrants like Facebook, Google, and PhonePe.'”

Excerpt from PayScale.com -- “'I think one of the most prominent examples of ageism against youth is the knee-jerk tendency to dismiss their views as uninformed, naive or entitled,' says Michael S. North, Ph.D., an assistant professor of management and organizations at NYU Stern School of Business, speaking with The Riveter."

Excerpt from Bloomberg -- “'WeWork is not just a mistake, it is a signal of weakness in the whole model,' said Aswath Damodaran, a professor of finance at New York University’s Stern School of Business, who has written four books on valuing businesses. 'If you screwed up that valuation so badly, what about all of the other companies in your portfolio?'”

Excerpt from BusinessBecause -- "Thinkers50, the premier ranking of global business thinkers, today announced its 2019 ranking of management thinkers and the winners of its 11 Distinguished Achievement Awards."

Read More

Excerpt from Macroblog -- "The introduction of Bitcoin has sparked considerable interest in cryptocurrencies since its introduction in the 2008 paper 'Bitcoin: A Peer-to-Peer Electronic Cash System' by Satoshi Nakamoto. However, for all its success, Bitcoin is not close to becoming a widely accepted electronic cash system. Why it has yet to achieve its original goals is the topic of a paper by New York University professor Kose John and NYU Stern PhD student Franz Hinzen, along with McGill University professor Fahad Saleh titled "Bitcoin's Fatal Flaw: The Limited Adoption Problem."
 

Excerpt from CoStar News -- "'Landlords thinking about leasing to WeWork are facing uncertainty and putting some deals on hold, and with the layoffs and ongoing financial questions, they may still want to hold off on doing deals with WeWork,' said Ari Ginsberg, professor of entrepreneurship and management at New York University’s Stern School of Business. 'After all, without the recent cash infusion from SoftBank, the company was scheduled to run out of cash in November and might have gone bankrupt.'"

Excerpt from VICE -- "A report published by New York University’s Stern School of Business points out that sustainable-marketed products outsold non-sustainable products 90 percent of the time from 2013 to 2018. And so businesses are trying to look as sustainable as they can, even if they’re actually not."

Excerpt from the Associated Press -- "'Even one sort of negative incident could sink a company, and so I think the care that these companies need to take to ensure that every ride is a good ride is much higher,' said Arun Sundararajan, a professor at New York University’s Stern School of Business and author of The Sharing Economy."

Excerpt from Barron's -- "Research for Thomas Philippon’s latest book started like an investigation, triggered by his own puzzlement. The economist wondered why the price of broadband in the U.S., where he has lived for 20 years, is now twice as high as in Europe. That was the other way around back in 1999, when Philippon, now a professor at New York University’s Stern School of Business, came to the U.S. to study."

Family offices are the true trailblazers when it comes to impact investing, one of the fastest-growing areas of the investment business aiming to deploy capital to address global societal challenges. The NYU Stern Center for Sustainable Business together with Helped Hope has gathered a panel of family offices to share their wisdom, experience and insights. On Thursday, November 21, 2019, attendees will hear their definition of impact investing, why they do it and what they see as their financial and social return. Discussions will include investments across asset classes, geographies and vehicles, and cover innovative techniques such as program-related investments (PRIs), mission-related investments (MRIs) and blended rate investments.

Excerpt from BusinessBecause -- "My MBA undoubtedly gave me the foundation I needed to help launch and run our business, and I routinely think back to the pieces of wisdom I heard in the classroom. But the help I've received also didn't stop on graduation day. NYU Stern is incredibly supportive of its alumni in their entrepreneurial endeavors. We've taken part in a number of initiatives at Stern—including the $300K Entrepreneurs Challenge and the Stern Venture Fellows program—that have helped us develop the business and have connected us to some incredible advisors that we can turn to as we continue to grow."

Excerpt from Markets Insider -- "The number of new U.S. Securities and Exchange Commission enforcement actions against public companies and subsidiaries in fiscal year 2019 rose more than 30% over the previous fiscal year, driven by self-reporting under the SEC's Share Class Selection Disclosure Initiative (Share Class Initiative), according to a report released today by the NYU Pollack Center for Law & Business and Cornerstone Research."