NYU Stern
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  • OZY logo
    Excerpt from OZY -- "And even some concepts that have been percolating for some time now have proved to be a bust at some high-end boutiques. 'It’s been a little slow to catch on,' says Sam Craig, director of the Entertainment, Media & Technology program at NYU Stern School of Business."
  • – Faculty News

    Prof. Gavin Kilduff on rivalries in college football

    November 27, 2014
    wall street journal logo feature
    Excerpt from The Wall Street Journal -- "The oomph in every rivalry, Kilduff said, comes from similarity, proximity and history. Auburn versus Alabama—an intrastate matchup of public universities that dates to 1893—could be a case study. His research also shows that sports rivalries are stronger when their historical records against each other are closer."
  • harvard magazine logo feature
    Excerpt from Harvard Business Review -- "The contrast was especially striking given that Airbnb and Uber are together inventing a new organizational form: platforms that are firm-market hybrids, supplying branded service offerings without actually employing the providers or owning the assets used in provision. Crucial to their long-run success could be creating an appropriate platform culture — shared norms, values and capabilities among the providers. It’s the analog of an organizational culture, but without the directive authority or co-located social systems that traditional firms can take advantage of to manage their employees. The fact that these two market leaders are using such different approaches provides a useful testing ground for what works and what doesn’t."
  • – Faculty News

    Prof. Luke Williams on Uber's expansion

    November 26, 2014
    FOX Business
    Excerpt from Fox Business -- "We have to put [the expansion] in context. So, it's double their existing size and also it's one and a half times the size of Twitter. It also puts them at the same size as Salesforce.com, Delta Airlines, Kraft Foods. If we think about Hertz, it's been in the business forever. They're only about 11.3 billion. So, it's important to put it in context and say, what do they need it for? And they really need it for international expansion. So I think that's the interesting question. Why do they need to expand so quickly internationally?"
  • TIME for Kids logo
    Excerpt from TIME for Kids -- "'There’s always a risk that someone won’t treat your stuff as well as you want them to,' says Arun Sundararajan. He is a professor at New York University’s Stern School of Business."
  • cctv logo
    Excerpt from CCTV -- "'Even if a minority woman has the same credit profile and the same credit history as a white male going for a loan, she’s still less likely to be approved for that loan,' Franklin said."
  • bloomberg logo feature
    Excerpt from Bloomberg -- "Traditionally, we've seen value coming from spinoffs. Usually, we don't see these two big split ups like this, more spinning off of individual divisions and things like that... It tends to create value both in the short term in the stock market and long-term in performance, partly because managers can focus more on the needs and wants of individual businesses and they are heterogeneous businesses in that perspective. Also, incentives work better in more focused companies as well."
  • – Faculty News

    Prof. Luke WIlliams discusses startup factories

    November 25, 2014
    Wired
    Excerpt from WIRED -- "'A lot of entrepreneurs are motivated to understand how to make their success repeatable,' says Prof. Williams. 'But what they have to recognize is there’s a lot of luck involved in entrepreneurship, and most entrepreneurs in the tech sector might only get lucky once.'"
  • new york times logo feature
    Excerpt from The New York Times -- ‘''There’s a certain amount of liquidity that these large sellers inject into a marketplace that can be very helpful for the marketplace to grow rapidly,' Arun Sundararajan, a professor at New York University’s Stern School of Business who studies the sharing economy, told me. The competition should also help drive down costs, which helps consumers. But these marketplaces, he added, must 'balance the short-term accelerating their growth while also maintaining the quality, and in some sense staying true to what their consumers are looking for' — which might be freedom from big banks, or the stultifying sterility of budget hotels."
  • – Faculty News

    Prof. Jonathan Haidt's research on leadership is cited

    November 24, 2014
    harvard business review logo feature
    Excerpt from Harvard Business Review -- "Jonathan Haidt at New York University Stern School of Business shows in his research that when leaders are self-sacrificing, their employees experience being moved and inspired. As a consequence, the employees feel more loyal and committed and are more likely to go out of their way to be helpful and friendly to other employees."
  • – Faculty News

    Prof. Nicholas Economides on net neutrality

    November 24, 2014
    1 to 1 media logo
    Excerpt from 1 to 1 Media -- "Nicholas Economides, an economics professor at New York University's Leonard N. Stern School Business, dismisses the hybrid proposal as 'an awkward and bizarre setup.' The more logical approach, according to Economides, is to reclassify broadband connections as a utility. 'For all intents and purposes, the Internet is like a telephone service,' he says."

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  • business insider logo feature
    Excerpt from Business Insider -- "'Once the secretary of defense post became primarily about policy (as opposed to managing the bureaucracy and keeping the budget under control), Hagel was a challenge for the Obama administration,' Bremmer wrote in an email. 'It's true that he wasn't a good fit for that job, but he also wasn't given a chance — they needed clear policy alignment, and pushed him out.'"
  • forbes logo feature
    Excerpt from Forbes -- "These formats tend to attract affluent shoppers who enjoy the in-store experience and finds, as well as cost-constrained consumers looking for great value. The appeal is multi-faceted."
  • cnbc logo feature
    Excerpt from CNBC -- "'There's this myth that digital levels the playing field ... I don't think that could be more incorrect,' said Scott Galloway, founder of L2. 'A lot of these guys who are struggling to meet earnings just don't have the dry powder to throw at technology.'"
  • – Faculty News

    Prof. Priya Raghubir offers tips to avoid overspending

    November 24, 2014
    wallethub logo
    Excerpt from Wallethub -- "Leave your credit card (and debit card) at home. Withdraw the cash you have budgeted to spend and pay cash for your purchases."
  • – Faculty News

    Prof. Aswath Damodaran discusses LendingClub's IPO

    November 24, 2014
    bloomberg logo feature
    Excerpt from Bloomberg -- "'The bankers are going to try and push LendingClub to compare themselves to the companies that make it look more attractive,' said Aswath Damodaran, who teaches corporate finance and valuation at New York University’s Stern School of Business. 'You as an investor have to guess who they remain comparable to at the end of the game.'"
  • new york times logo feature
    Excerpt from The New York Times -- "One common claim is that the wealthy routinely violate the economist’s law of demand. A bedrock principle of economic rationality, this law holds that as the price of a good rises, consumers buy less of it. Many analysts, however, portray the rich as people who lust after what are known as 'Veblen goods' — commodities whose sales actually increase when their prices rise."
  • – Faculty News

    Prof. Roy Smith on Credit Suisse's plea bargain

    November 21, 2014
    bloomberg logo feature
    Excerpt from Bloomberg -- "'We understood that the idea behind the criminal prosecution by Justice' of Credit Suisse 'was that the punishment would not involve denial of business,' Roy C. Smith, a finance professor at New York University, said in an e-mail. Denying the bank the ability to do business would be 'very consequential,' he said."
  • entrepreneur logo feature
    Excerpt from Entrepreneur -- "'The next wave of opportunities in businesses will be companies that look at how we support development of the sharing economy,' says Sundararajan, who specializes in the digital economy and the economics of sharing (among other subjects). 'This means companies that make it easier for everyone to play a part, companies that really bring peer-to-peer into everyone’s life.'"
  • voxeu logo feature
    Excerpt from Vox -- "Calculations that we have recently completed suggest that the divergence between our numbers and those of the ECB can be explained by the continued reliance on static risk-weights in the regulatory assessment. In fact, using the projected losses in the adverse scenario employed by the ECB and applying a different (non risk-weights based, i.e. simple) leverage ratio gives results much closer to ours."
  • abc news logo feature
    Excerpt from ABC News -- "'In general, it's easy to get caught up in big milestones, particularly as we age -- but of course there’s no real difference between turning 30 and turning 29 or 31,' [Alter] said. 'Our culture emphasizes years like 30, 40, 50, and 60, but we shouldn't let that shape how we live our lives.'"
  • – Faculty News

    Prof. Norman White on store loyalty-card apps

    November 19, 2014
    wall street journal logo feature
    Excerpt from The Wall Street Journal -- "'It’s totally overwhelming,' says Norman White, a professor at NYU’s Stern School of Business who teaches a course on designing and developing mobile apps. He says there are so many loyalty-card apps out there now that it is hard for consumers to decide which ones to use and why."
  • financial times logo feature
    Excerpt from Financial Times -- "It’s also worth noting that some tax-minimisation strategies do not seem to require any cross-border chicanery. According to data compiled by NYU Stern’s Aswath Damodaran, the sectors that pay the lowest effective tax rates in the US include broadcasters, coal companies, homebuilders, and telecoms operators — all businesses that make the bulk of their money from domestic operations."
  • bloomberg logo feature
    Excerpt from Bloomberg -- "The CHART OF THE DAY compares Twitter’s stock price since going public last November with his estimate of the company’s value, $20.81 a share. Damodaran, the author of four books on business valuation, cited the figure in a posting on his blog two days ago."
  • star tribune logo feature
    Excerpt from Star Tribune -- "Ghemawat echoes the common sense policy ideas of the Brookings Institution and others, suggesting that our business and government leaders work together to raise the international profile of the Twin Cities region and look to develop trade ties anywhere they can be found."

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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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