NYU Stern
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  • yahoo news logo
    Excerpt from Yahoo! News -- "At the same time, however, the government is putting the squeeze on the very same banks it wants to ease up on lending standards and provide more credit to businesses and consumers, to help boost spending and growth. 'Banks are not providing the support we need for the economic recovery,' says Smith. 'There may be a political value to punishing the banks for reckless behavior, but there has to be some sense of political closure on this.'"
  • san francisco chronicle logo feature
    Excerpt from San Francisco Chronicle -- "Arun Sundararajan, a New York University business professor who specializes in changes wrought by digital technology, said the new nomenclature makes sense. 'My impression is they don't want to be thought of as a site for generic menial labor, and want to communicate that you can find skilled people on TaskRabbit,' he said. 'The word "rabbit" doesn't conjure up highly skilled workers; it may have hurt them because they're not leveraging the pool of talent they have painstakingly acquired.'"
  • bloomberg logo feature
    Excerpt from Bloomberg -- "I think a lot of it's semantics. I think wearables is going to be huge, but I think this [the smartphone] is going to be your wearable. I think that you're going to get a lot of health devices and a lot of tracking on here... I'd put this right up there with mass customization and 3D printing as some of the things the media seems to be much more excited about... the performance is not living up to the promise yet."
  • knowledge at wharton logo feature
    Excerpt from Knowledge@Wharton -- "David Yermack, finance and business transformation professor at New York University’s Stern School of Business, notes that critical to the survival of a cyber-currency is government support. 'I am skeptical that any form of money will be successful if it is not backed by a sovereign government. Without this sort of foundation, a currency really cannot be a form of property because it cannot be pledged as collateral, foreclosed upon, reassigned in bankruptcy and so forth,' he says. 'This will make it unattractive in a wide range of commercial settings.'"
  • huffington post logo feature
    Excerpt from The Huffington Post -- "'If you keep people really, really busy, what will happen is that the scope of what they can attend to will narrow down. They'll get really focused on the next couple of days or the next few weeks or the next quota,' Schilling said. 'You want them to think about the forest -- you don't want them to get so caught up in the trees that they can't see the forest anymore.'"
  • cnbc logo feature
    Excerpt from CNBC -- "'I really think SnappyScreen is going to be the next big thing for sunscreen application. We're not only going to make this easier for people but really provide something that is going to help the epidemic of skin cancer,' McClellan said."
  • japan times logo feature
    Excerpt from The Japan Times -- "Asker’s data showed the extent to which productivity is positively correlated to sales is different from company to company. However, 'the important message is that companies should be doing everything they can to maximize productivity,' he said."
  • The Wall Street Journal
    Excerpt from The Wall Street Journal -- "'These guys have established quite a lot of credibility,' said Alexander Ljungqvist, a professor of finance and entrepreneurship at New York University's Stern School of Business who has written about short sellers. 'Investors clearly are taking them seriously,' he said."
  • The Wall Street Journal
    Excerpt from The Wall Street Journal -- “In the 20th century, what had been for the rich got offered to ordinary people,” noted financial historian Richard Sylla of New York University’s Stern School of Business. He expects selling by aging Americans to be offset by buying from fast-growing developing countries and says that free international capital flows have been among the biggest advances of the past 125 years."
  • marketplace radio logo feature
    Excerpt from Marketplace -- "There are successful businesses that sell just one product. But most are in markets where it’s easy to predict demand - like steel. So, says J.P. Eggers, an assistant professor of management and organization at NYU’s Stern School of Business, 'They are, in general, able to deeply understand what their customers are after, deliver what they want, how they want it, at the price that they want it.' But there are plenty of stores that sell mostly cupcakes. Eggers says it’s unlikely they’ll all go away. He says when the cupcake bubble burst, Crumbs found itself with some odd store locations."
  • financial advisor magazine logo
    Excerpt from Financial Advisor magazine -- "'It's not easy to create value,' said Roy C. Smith, professor of finance, international business and management practice at New York University's Stern School of Business and a former general partner at Goldman Sachs & Co."
  • forbes india logo
    Excerpt from Forbes India -- "If you are an investor, you have to make your own judgement. The key to success is not whether you can invest like Warren Buffett, but whether you have an investment philosophy that you are comfortable with."
  • Environment & Energy Publishing Logo
    Excerpt from Environment & Energy Publishing -- "'The idea is to remind the consumer or educating about this industry's positive spillover effects on the society, like job creation, clean energy, etc.,' Erdem said. The education effort can't hurt if industry investments 'may result in even higher electricity charges. ... They don't want a backlash from the consumers so they want to prepare the ground for that.'"
  • huffington post logo feature
    Excerpt from The Huffington Post -- "'This suggests that we may be able to boost our own levels of motivation and performance by either forming rivalries or harnessing the ones we already have,' study researcher Gavin Kilduff, of NYU's Stern School of Business, said in a statement. 'It might also get us to think about whether other individuals in our lives may view us as their rivals.'"
  • barrons logo feature
    Excerpt from Barron's -- "SMAs tend to be smaller than public funds -- $152 million being the median SMA size in the study -- allowing their managers to remain nimble when trading. They also have fewer, more sophisticated, and wealthier clientele. 'The median number of investors in our sample of separate accounts is 12, and they're large ones,' says Martin Gruber, who co-authored the study with Edwin Elton and Christopher Blake. 'So money managers are dealing with each customer on a more personalized basis. If investors are going to withdraw money, the manager can do a lot of planning with them in advance and change his positions in their portfolios accordingly.'"
  • wine spectator logo
    Excerpt from Wine Spectator -- "'For me, the highlights of the trip were lunches at Pichon Baron, where I got to have a wonderful chat about the wine biz with AXA managing director Christian Seely, at Phélan Ségur, where we were just blown away by their hospitality and the wines, and then of course dinner at Châteaus Palmer and Lafite,' said Adam Teeter, a team member on NYU Stern."
  • bloomberg businessweek logo feature
    Excerpt from Bloomberg Businessweek -- "Securing a foothold in a few major cities could help ease Uber’s way in places that are trying to shut it down. And the company’s public political battles may turn out to be useful in attracting new customers and supporters. In the end, argues Arun Sundararajan, a professor at New York University’s Stern School of Business, 'The more they sort of popularize themselves, the stronger their argument becomes.'"
  • huffington post logo feature
    Excerpt from The Huffington Post -- "Political ideology plays a role in shopping behavior, according to Vishal Singh, a marketing professor at NYU’s Stern School of Business who has studied the topic. Singh’s research shows that conservatives are more likely to pick more established name brands over generics and are slower to adopt new products. They also tend to favor domestic over foreign beers. These trends are consistent with attitudes associated with conservatism, such as being skeptical of new experiences, Singh said."
  • npr logo feature
    Excerpt from NPR -- "I think what's striking about this particular wave of changes that we're seeing... is that they're affecting familiar services that we're used to and familiar real-world asset-based services: point-to-point accommodations, short-term transportation, dining, probably, in the future, healthcare and energy, and I'm struck by the characterization of these platforms as being equivalent to a scam because I sort of see them as... important future engines of economic growth."
  • npr logo feature
    Excerpt from NPR -- "'The idea that things are built on top of government infrastructure or are taking advantage of public resources for profit isn't anything new,' he says. 'A lot of the capitalist economy is built on government infrastructure.' Telephone carriers and private garages build their businesses on top of public resources. If a mobile app can efficiently transfer something as small as a parking spot, Sundararajan says, that's innovation."
  • The New York Times
    Excerpt from The New York Times -- "The increase could also be the result of interest in the auction itself, said David L. Yermack, a professor at New York University’s Stern School of Business. 'Just the fact that there was such broad demand would tend to push up the value of Bitcoin,' he said."
  • The Wall Street Journal
    Excerpt from The Wall Street Journal -- "Because most B-school applicants come from the working world, the personal statements help admissions officers understand why a candidate is pursuing a particular path, said Isser Gallogly, Stern's assistant dean of M.B.A. admissions."
  • huffington post logo feature
    Excerpt from The Huffington Post -- "In an interview to the New Yorker, Professor Arun Sundararajan of N.Y.U's Stern School of Business shared that 'there's a mind-set that consumers are doing this just to save money, but I think that what's really compelling about the sharing economy is the variety and expansion of choices that it offers. Instead of being tied to owning one car, I can drive twenty different ones. So I expect this will expand consumption, rather than shrink it.'"
  • project syndicate logo feature
    Excerpt from Project Syndicate -- "Like individuals, corporations, and other private firms that rely on bankruptcy procedures to reduce an excessive debt burden, countries sometimes need orderly debt restructuring or reduction. But the ongoing legal saga of Argentina’s fight with holdout creditors shows that the international system for orderly sovereign-debt restructuring may be broken."
  • bloomberg logo feature
    Excerpt from Bloomberg -- "While this hypothetical trek is obviously an exaggeration, the NBER report shows there is often bad news on the way from companies which schedule shareholder meetings far from their headquarters and major airports. Their share prices tend to suffer afterward, according to the paper 'Evasive Shareholder Meetings' by Yuanzhi Li of Temple University and David Yermack of New York University that was highlighted in the July issue of the NBER Digest."

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Contact NYU Stern Public Affairs

If you're a member of the press, please contact Stern’s Office of Public Affairs at:

Phone: 212-998-0670
Fax: 212-995-4950
Email: paffairs@stern.nyu.edu

Or contact us directly:

Joanne Hvala, Associate Dean
(212) 998-0995; jhvala@stern.nyu.edu

Jessica Neville, Executive Director
(416) 516-7677; jneville@stern.nyu.edu

Rika Nazem, Director
(212) 998-0678; rnazem@stern.nyu.edu

Carolyn Ritter, Senior Associate Director
(212) 998-0624; critter@stern.nyu.edu

Anna Christensen, Associate Director
(212) 998-0561; achriste@stern.nyu.edu

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