-
– Faculty News
Prof. Arun Sundararajan on the legal challenges presented by the sharing economy
June 24, 2013
Excerpt from TIME -- "'These are new models, and they don't fit into the old boxes,' says Arun Sundararajan, a professor at New York University's Stern School of Business who studies the sharing economy."
-
Excerpt from Entrepreneur Magazine -- "'It's hard to put your hand into a car's engine when the car is still running, but that's what disruptive innovation is -- changing the way things are done before your business is backed into a corner,' said Williams, who spoke to a crowd of 800 business leaders at the World Innovation Forum in New York City last week."
-
– Faculty News
In an op-ed, Research Scholar Robert Frank outlines lessons from Sweden's healthcare system
June 15, 2013
Excerpt from The New York Times -- "The encouraging news is that the Affordable Care Act was intended to foster the evolution of a new system that can capture many of the gains currently enjoyed by countries like Sweden. For that to happen, however, Congressional critics must abandon their futile efforts to repeal Obamacare and focus instead on improving it."
-
Excerpt from HuffPost Live -- "There is no doubt it was done for economic reasons. The state TV was not particularly critical of the government or there was no dispute between the state TV and the government so it was not a target of that sort. Now, it has to be clear that there is heavy unemployment in Greece, but the people who are unemployed are people in the private sector, not the public sector. The public sector is huge - hundreds of thousands of people, and it burdens the private sector so much that we have this very high unemployment. So no matter if this was done in the right way or the wrong way, there has to be a way for the public sector to be reduced in Greece. Otherwise there is no future for Greece."
-
– Faculty News
In an op-ed, Prof. Adam Alter explains environmental cues that influence behavior
June 14, 2013
Excerpt from The New York Times -- "Other environmental cues shape our actions because they subtly license us to behave badly. According to the heavily debated broken windows theory, people who are otherwise well behaved are more likely to commit crimes in neighborhoods with broken windows, which suggests that the area’s residents don’t care enough to maintain their property."
-
– Faculty News
Prof. Luke Williams emphasizes why companies must change in order to remain competitive
June 13, 2013
Excerpt from Inc. Magazine -- "'A complacent company isn't disruptive. At best, it's slow to change and stuck in the wrong behavior pattern,' said Luke Williams, author of 'Disrupt,' during the World Innovation Forum Thursday."
-
– Faculty News
Nobel Laureate and Prof. Thomas Sargent on the US response to the financial crisis
June 13, 2013
Excerpt from BBC News -- "Many people worry that the way we've come out of the financial crisis is the governments in the United States and elsewhere have bailed out financial institutions which weren't even banks...insurance companies, money market mutual funds. So if those institutions now think that they're effectively insured, there's a danger that they're going to take... big risks, because essentially, they're gambling with the taxpayers' money. That's a badly designed system."
-
– Faculty News
Prof. Dolly Chugh's research on the treatment of women in the workplace was highlighted
June 13, 2013
Excerpt from The Times of India -- "'In India, I couldn’t help but notice how women were sidelined even in domestic decision-making. However, I observed that one of my uncles treated women with dignity, which reflected in the language he used even when women weren’t around. What set him apart was that his wife was a working woman. I wondered how having a working wife as opposed to a stay-at-home one influences a man’s psychology?' said Desai, who co-authored the study with Dr Dolly Chugh of New York University’s Stern School of Business and Dr Arthur Brief at the University of Utah’s David Eccles School of Business."
-
– Faculty News
Prof. David Yermack explains the significance of 10b5-1 stock trading plans for executives
June 12, 2013
Excerpt from The Wall Street Journal -- "'The whole point of these plans is that if material events occur, as they inevitably will, the insider has an alibi against insider-trading accusations,' said David Yermack, a finance professor at the New York University Stern School of Business."
-
– Faculty News
Prof. Michael Posner on the United Nations' Guiding Principles on business and human rights
June 11, 2013
Excerpt from The Wall Street Journal -- “'We’re now at the end of the beginning of the process,' said Mike Posner, professor in the business and society program at NYU’s Stern School of Business and former assistant secretary of state in the Bureau of Democracy, Human Rights, and Labor, referring to the Guiding Principles broadly. 'Now the question is: what does this mean in very practical terms for specific companies, and how do you establish rules of the road in specific industries or countries?'”
-
– Faculty News
Prof. Jonathan Haidt discusses culture wars with Institute for American Values' David Blankenhorn
June 08, 2013
Excerpt from The Huffington Post -- "...Haidt offers a genuinely fresh analysis of today's culture wars. My favorite bit: about halfway through the conversation, he shows that the intuition (the gut reaction) comes first, and the reasoning follows behind, largely to serve and protect the intuition."
-
– Faculty News
Prof. Scott Galloway says luxury brands should focus on digital marketing for consumers under 30
June 08, 2013
Excerpt from Financial Times -- “'The under-30s may be entering a more volatile and economically challenged world, but there is no evidence that suggests Generation Z will be less fond of luxury items than the consumers that have come before – brands that don’t attune themselves to their social and spending habits will undeniably suffer in the long run,' says Prof Galloway."
-
Excerpt from CNBC -- "We thought that it would take about a trillion dollars to rescue the financial sector in the middle of the financial crisis of 2008. Three or four years later it was about half of that amount during the debt ceiling debate in the summer of '11 and now it's down to half of that again, $350 billion. It really looks like the banks are much stronger than they were anytime in the meantime."
-
Excerpt from Business Insider -- "In a followup to their 2008 paper on CEO compensation, Xavier Gabaix, Augustin Landier, and Julien Sauvagnat just released a paper looking at how CEO compensation decreased and rebounded as a result of the crisis...During the crisis (2007 – 2009), average total firm value decreased by 17%, and CEO pay decreased by 28%. During 2009-2011, we observe a rebound of firm value by 19% and of CEO pay increased by 22%."
-
– Faculty News
Prof. Baruch Lev on the shift in information that companies are providing investors
June 04, 2013
Excerpt from The Wall Street Journal -- “'The relevance of accounting information in financial reports is decreasing at an alarming rate,' says Baruch Lev, an accounting and finance professor at New York University’s Stern School of Business. 'What investors need is a comprehensive picture of the business model of a company and how it is executed.'”
-
Excerpt from CNBC -- "A lack of inflation is a key driver for gold losses and global prices are falling despite quantitative easing doubling or even tripling the money supply in most advanced economies, he noted. 'The reason (for this) is simple: while base money is soaring, the velocity of money has collapsed, with banks hoarding the liquidity in the form of excess reserves. Ongoing private and public debt deleveraging has kept global demand growth below that of supply.'"
-
Excerpt from Forbes -- "The longer funding duration helps raise more awareness and generate more buzz and word of mouth and that actually translates into better project outcomes in terms of consumption."
-
Excerpt from Reuters -- "'The immediate implications for investors and employees will be significant, but for the market as a whole they will be small,' said Stephen Brown, a professor who focuses on hedge funds at New York University's Stern School of Business."
-
– Faculty News
In an op-ed, Prof. Roy Smith discusses increased oversight of the governance of banks
June 03, 2013
Excerpt from Financial News -- "This year in particular, bank boards have set high expectations for good governance. Let’s hope they will deliver. There is no margin for error at the top these days and retribution, from shareholders and regulators alike, will be swift if further scandals are unearthed."
-
– Faculty News
In an op-ed, Prof. Adam Alter explains the hidden impact of names and other labels
June 03, 2013
Excerpt from The New Yorker -- "Even the names people choose for their children vary from simple to complex, and that decision determines some of their outcomes later in life. With the psychologists Simon Laham and Peter Koval, I found that people prefer politicians with simpler names—and lawyers in American firms with fluent names rise up the legal hierarchy to partnership more quickly than their non-fluently named colleagues."
-
Excerpt from The Globe and Mail -- "Baumol's cost disease – an economic theorem often proven empirically and named after the economist William Baumol – shows that wage gains always outstrip productivity improvements in the public sector. Baumol's cost disease poses a huge challenge for provincial governments, whose services – health, education, social services – are very labour-intensive."
-
– Faculty News
In an op-ed, Prof. Amity Shlaes explains economic conditions in the era of "The Great Gatsby"
June 01, 2013
Excerpt from The New York Times -- "Nearly all economists, including those who express concern over income disparities of the 1920s, count multiple factors at work preventing recovery in the 1930s. They do not blame stock prices, or even President Coolidge. Yet it is human nature to believe that when an event follows an event, the first event causes the second. The misery of the ’30s was of such magnitude, or so the narrative suggests, that most people want to believe it must have been preceded a force of similar magnitude. Post hoc, ergo Gatsby."
-
– Faculty News
Prof. Hal Hershfield's research on aging and retirement savings is featured
June 01, 2013
Excerpt from Harvard Business Review -- "Many people feel disconnected from the individuals they’ll be in the future and, as a result, discount rewards that would later benefit them. But brief exposure to aged images of the self can change that behavior."
-
– Faculty News
In an op-ed, Prof. Nouriel Roubini explains his views on gold as an investment
June 01, 2013
Excerpt from Project Syndicate -- "The run-up in gold prices in recent years – from $800 per ounce in early 2009 to above $1,900 in the fall of 2011 – had all the features of a bubble. And now, like all asset-price surges that are divorced from the fundamentals of supply and demand, the gold bubble is deflating."
-
Excerpt from CFA Institute -- "A highly respected researcher of the high-yield bond markets, Altman took the audience through his analysis of current economic conditions and his outlook for corporate and sovereign credit markets. Altman presented his new research on sovereign default risk."
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
