-
– Faculty News
In an op-ed, Dean Peter Henry explains what we can learn about reinvention from Jamaica
May 13, 2013
Excerpt from Quartz -- "It is tempting to dismiss these microbusinesses that function outside the formal economy. But the ability to build something new from broken pieces is precisely the skill that business leaders in the United States, Europe, and other advanced nations need to renew prosperity. It’s time to take a page from the Jamaican pushcart playbook."
-
Excerpt from The Wall Street Journal -- "Lawrence J. White, a professor at New York University's Stern School of Business, says the SEC should make information available to rating firms under 17(g)5 accessible to investors as well. Mr. White says incremental changes to rating-industry practices are far more likely than an overhaul. 'There wasn't going to be major change," he says. "It wasn't going to happen quickly. It's not going to happen now.'"
-
Excerpt from Financial Times -- “'What we need is not bigger or smaller government for growth, but narrower and stronger government,' says Paul Romer, the growth economist."
-
Excerpt from Fresh Outlook -- "I think retailers in general, especially retailers with a large physical presence, will benefit. I also think the very large online retailers such as Amazon have already compromised and are paying the taxes for the last couple of years and they also are better equipped to know all the details of every zip code and how much tax they should calculate and so on, so these are going to be the main beneficiaries."
-
Excerpt from Bloomberg Markets -- "The researchers looked specifically at the difference between what the banks paid creditors for borrowing money and what investors earned from owning U.S. government debt. They subtracted that number from the same measurement for smaller banks and, taking into account differences in risk unrelated to bank size, determined the value of the implicit government subsidy."
-
– Faculty News
Prof. J.P. Eggers on how the introduction of Windows 8 will impact Microsoft
May 10, 2013
Excerpt from Bloomberg -- "I think one of the biggest problems that they're facing is that this introduction of the product has kind of damaged and threatened the golden goose within the organization, which is this Windows PC operating system business."
-
Excerpt from Nightly Business Report -- "Every director gets one vote so at the end of the day splitting the roles doesn't change that dynamic and sometimes it's appropriate to split the roles if there's a transition in the CEO role or if the company is going through a certain event in its life -- a transaction, or new leadership -- there are specific instances where splitting the role can be very effective and helpful in arranging or facilitating a transition, but really it is not one size fits all. I think one of the good elements of our governance system is that we allow for different cases and different contexts to respond to the needs of the particular situation."
-
– Faculty News
Prof. Ingo Walter's research on the investment habits of wealthy families was cited
May 10, 2013
Excerpt from The Wall Street Journal -- "Three economists—Enrichetta Ravina of Columbia Business School, Luis Viceira of Harvard Business School and Ingo Walter of New York University's Stern School of Business—analyzed the holdings and trades of more than 260 ultrawealthy families between 2000 and 2009. The data came from an unnamed private company that consolidates account information for the wealthy."
-
– Faculty News
Prof. Michael Posner on why companies should work on labor reform rather than pull out of Bangladesh
May 09, 2013
Excerpt from CNN -- "If American and Western consumers want to help people get out of poverty, it is important for them to have a presence in countries like Bangladesh, according to Posner. 'The reality is there are four-million people, mostly young women, working in these factories in Bangladesh. They're often the only breadwinners in their families.'”
-
– Faculty News
Prof. Nouriel Roubini's views on the Federal Reserve's policies were highlighted
May 08, 2013
Excerpt from TIME -- "NYU professor Nouriel Roubini, who correctly anticipated the 2008 financial crisis, has argued that Bernanke’s policies are failing to help the economy and are instead fueling a stock market bubble that will end in a financial crisis."
-
Excerpt from CNBC -- "Stocks aren't in bubble territory as yet, but a 'huge rally in risk assets' over the next two years puts markets in danger of a big crash, renowned economist Nouriel Roubini said on Tuesday."
-
Excerpt from Harvard Gazette -- "In research described earlier this year in the Personality and Social Psychology Bulletin, Elinor Amit, a College Fellow in psychology, along with two collaborators, Cheryl Wakslak and Yaacov Trope, showed that people increasingly prefer to communicate verbally (versus visually) with people who are distant (versus close) — socially, geographically, or temporally."
-
Excerpt from Fortune -- "'Markets look happy, but what is going on in the general economy is not,' says Roubini. 'We are stuck in a two-year boom and bust cycle. That's what I am most worried about.'"
-
Excerpt from Bloomberg -- "A so-called resolution authority for the repo market, to orderly liquidate repurchase agreements and prevent fire sales of underlying assets during periods of financial stress, was proposed as a way to reduce risks in March 2012 by New York University Stern School of Business professors Viral Acharya and T. Sabri Oncu in a paper presented at a Federal Reserve conference in Washington."
-
– Faculty News
In an op-ed, Prof. Aswath Damodaran explains how the US tax code influenced Apple's bond issuance
May 07, 2013
Excerpt from Financial Times -- "Apple’s actions can be explained by two features of the tax code: its treatment of foreign income and its bias towards debt over equity."
-
Excerpt from The Wall Street Journal -- "In Equity Risk Premiums (ERP): Determinants, Estimation and Implications–The 2013 Edition, Aswath Damodaran, professor of finance at New York University, found that ERPs varied widely in short periods. In fact, implied ERPs ranged from 4.2% to a high value of 8% between September and late November 2008."
-
– Faculty News
Jared Cohen, Eric Schmidt and Prof. Nouriel Roubini discussed internet privacy at Stern
May 06, 2013
Excerpt from Fast Company -- "'This lack of a delete button on the Internet is in fact a significant issue,' Schmidt said. 'There are times when erasure [of data] is the right thing...and there are times when it is inappropriate. How do we decide? We have to have that debate now.'"
-
Excerpt from The Daily Beast -- "According to Joseph Porac, George Daly Professor in business leadership at New York University’s Stern School of Business, superstar CEOs—executives who have amassed reputations, awards, and piles of press clippings—are on the shortest leashes. Over the course of their careers, about 15 percent of CEOs will be fired or pushed out."
-
– Faculty News
In an op-ed, Prof. Roy Smith explains why systemic risk is still prevalent
May 06, 2013
Excerpt from Financial News -- "Of all the massive regulatory reforms adopted since 2008, Basel III is the main effort to constrain systemic risk. But considering the size of the markets and the major banks that dominate them, it may not be enough."
-
Excerpt from CNBC -- "As content has gone digital, Sundararajan said, content creators and publishers have changed the rules, which used to be guided by copyright law. Now they're determined by the endless contracts consumers never read but must assent to before buying a 99-cent tune. 'These contracts are more restrictive—they're really circumventing copyright law, and consumers don't seem to notice.'"
-
– Faculty News
In an op-ed, Prof. Adam Alter explains how labels can impact a person's identity
May 04, 2013
Excerpt from The Week -- "Social labels aren't born dangerous. There's nothing inherently problematic about labeling a person 'right-handed' or 'black' or 'working class,' but those labels are harmful to the extent that they become associated with meaningful character traits."
-
Excerpt from The New York Times -- "Mr. Posner said Disney’s move — apparel represents less than a fifth of the nearly $40 billion in annual sales of its licensed products — might encourage other Western brands to leave Bangladesh. 'Now other companies feel they have a green light.'”
-
– Faculty News
Prof. David Yermack's research on the behavior of colluding firms is highlighted
May 03, 2013
Excerpt from Strategy + Business -- "How do firms that are breaking the rules try to cover up their tracks? According to a recent study, companies that are systematically involved in price fixing employ a variety of accounting and governance practices designed to throw off regulators and avoid liability."
-
– Faculty News
In an op-ed, Prof. Michael Posner explains how global brands can help improve working conditions
May 02, 2013
Excerpt from The New York Times -- "Ask the workers in those factories, mostly young women, what they want. They will tell you two things. First, they want to keep their jobs, desperately. Bangladesh is one of the poorest countries in the world, and the rapid expansion of the garment sector in recent years has put food on the table for many, lifting families out of extreme poverty. Second, they want to be treated with dignity, which begins with going to work in a safe and secure environment."
-
Excerpt from The New York Times -- “'Income is increasingly difficult to nail down,' said Aswath Damodaran, a finance professor at New York University. 'It is like nailing jelly to the wall. And the problem is only going to get worse rather than better.'”
Archive
NYU Stern CEO Series
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
Follow us on Twitter @NYUStern
SternBusiness Alumni Magazine
Newsroom & Event Archive
Browse press releases, research alerts, event coverage and other articles from 2008-2011
