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  • harvard law blog logo feature
    Excerpt from Harvard Law blog -- "Against the lively debate on whether a staggered board (SB) of directors hurts or benefits stockholders I present new evidence suggesting that in general, an SB has no significant effect on stock value."
  • associated press logo feature
    Excerpt from the Associated Press -- "'People who are interested in the Air Force are more likely to attend these events and witness these teams and be excited by them,' [Meyvis] said. 'The idea of investing in the future brand of the Air Force or the military, that is a positive investment.'"
  • fortune logo feature
    Excerpt from Fortune -- "So why has the IMF made such an about-face? New York University economist Gian Luca Clementi says that papers like this one are at least in some ways designed to change public perception, particularly in Europe. Prior to the 2008 financial crisis, IMF policies mostly affected countries in the developing world. In the past decade, though, European countries like Portugal and Greece have been on the other side, borrowing and repaying rather than lending. Clementi doesn’t see IMF policy changing much, because the major countries that make up the organization, including Germany, the U.K. and the U.S., aren’t likely to be amenable to such changes."
  • on being 192 x 144
    Excerpt from On Being -- "Happiness comes from ... getting the right kind of relationship between yourself and others, yourself and your work — and that’s broadly defined, just some sort of productive activity — and yourself and something larger than yourself. To really flourish, you need to feel that you are part of something big, or something that will leave a mark, that will do something. And I hear this from my students constantly. Everybody’s looking for how can they leave a mark? Help somebody? Be part of something bigger? And so, given our evolutionary history, and the weird modern way we’re living, we can still have fantastically satisfying lives. We just have to work at it harder than people might have a few generations ago."
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    Excerpt from -- "'CoVAR is an interesting statistical concept about co-dependence in outcomes of individual security or fund returns with the market's or another index's returns, but there is no causality associated with it,' says New York University's Acharya. 'It is hard to make the conceptual case that we should regulate a fund or asset manager based on CoVAR.'"
  • financial times logo feature
    Excerpt from the Financial Times -- "'Brands need to create a story that feels authentic to a consumer who has been overexposed to traditional advertising messages,' [Serdari] says."
  • Inman logo 192 x 144
    Excerpt from Inman -- "The researchers found a strong correlation 'between the recent house price movements in counties where a respondent has friends, and whether that respondent believes that local property is a good investment.'"
  • new york times logo feature
    Excerpt from The New York Times -- "Trump comes along and punches political correctness in the face. Anyone feeling some degree of anti-PC reactance is going to feel a thrill in their heart, and will want to stand up and applaud. And because feelings drive reasoning, these feelings of gratitude will make it hard for anyone to present arguments to them about the downsides of a Trump presidency."
  • atlantic logo feature
    Excerpt from The Atlantic -- "Galileo versus the Church, for fueling the myth that science and religion are natural enemies. But the universe doesn’t become less spiritual as we understand it better; in fact, the poetry in scientific truths flourishes with deeper understanding."
  • marketplace radio logo feature
    Excerpt from Marketplace -- "'Very quietly, companies have been returning call center jobs to the U.S. from where they were outsourced to, whether it was India, the Philippines,' or elsewhere, said Mor Armony, an associate professor at New York University’s Stern School of Business. ... 'There’s been a big backlash-- not only politically,' said Armony. 'But also from a business perspective… there’s a basic trade-off between quality and costs.'"
  • ABC Science logo
    Excerpt from -- "'If you look at the economy of the world, half of the hundred biggest economies are not states, they're private companies,' [Posner] says. 'Walmart's the 30th biggest economy in the world if you compare revenues to gross domestic product: $500 billion a year."
  • national post logo feature
    Excerpt from the National Post -- "A seminal contribution of the New York University economist Paul Romer — who came to economics from physics — was to recognize that 'more output' was the wrong way to think about economic growth. Instead of producing more stuff, economic growth consists of re-arranging the stuff that is already there in ways that we value more. New technology is best seen as the creation of new 'recipes,' and there’s no obvious limit to human ingenuity in coming up with more of those."
  • wall street journal logo feature
    Excerpt from The Wall Street Journal -- "Jacob Jacoby, a marketing professor at New York University, said Coke could face a high bar if it challenges beverage companies’ use of 'zero' in court after not demonstrating consumer confusion in the case of Diet Rite Pure Zero."
  • globe and mail logo feature
    Excerpt from The Globe and Mail -- "In his view, it is difficult to have an edge in an environment of certainty. For companies 'with profit-making histories and a well-established business model in a mature market,' it’s easy to build valuation models – but this ease also means many more investors are in the hunt, making it hard to find true bargains before they are captured by others."
  • atlantic logo feature
    Excerpt from The Atlantic -- "'To me, what these sharing economy platforms represent is early examples of a different way of organizing economic activity, which sits somewhere between the 20th-century organization and even the 18th-century one-person shop selling to an individual market,' [Sundararajan] said. 'It’s not a pure sort of marketplace... It’s not a traditional organization like a hotel or a train company, but it’s somewhere in between.'"
  • usa today logo feature
    Excerpt from USA Today -- "'The basic business idea behind these companies is very good, but it’s going to take a particular company to make the model work,' says Arun Sundararajan, a professor at New York University’s Stern School of Business and author of The Sharing Economy."
  • financial news logo feature
    Excerpt from Financial News -- “During the crisis, CLS saved the day by making it safe for dealers to put up one leg of a deal and yet be content waiting to receive the second leg of the transaction hours later. It is thanks to CLS that the FX market did not freeze up after Lehman, which happened in other financial markets.”
  • financial times logo feature
    Excerpt from the Financial Times -- "The anonymity of cash helps to free people from their governments and some criminality is a price worth paying for liberty, as professors Stephen Cecchetti and Kermit Schoenholtz observe. It is better if the government creates trusted, anonymous notes and coins rather than some private agent."
  • boston globe logo feature
    Excerpt from The Boston Globe -- "'Uber and Lyft are spending more and more money to run in place,' [Damodaran] said. 'The alternative services are not going to do much better, either. The key in this business is finding ways to create barriers to entry and competitive advantages that eventually may help these companies charge higher prices.'"
  • atlantic logo feature
    Excerpt from The Atlantic -- "'The Dow is hardly a history of the U.S. economy. It is an index—unweighted—of the stock prices of a small number of America's largest corporations selected to represent the leading firms at particular times in our economic history,' explains Richard Sylla, a professor of economics at NYU’s Stern School of Business who studies the history of financial institutions."
  • new york magazine
    Excerpt from New York Magazine -- "'The consequences of awe should be of interest to emotion researchers and to society in general,' they wrote in the study, published in the journal Cognition and Emotion. 'Awe-inducing events may be one of the fastest and most powerful methods of personal change and growth.'"
  • bloomberg logo new
    Excerpt from Bloomberg -- "Viral Acharya, who works on financial stability at New York University’s Stern School of Business, said that while he’s much more worried about an economic collapse in China than he is about shadow banks, regulators aren’t yet focused on the issue. Risks -- such as short-term funding -- will always move from closely watched areas into the shadows. 'This has been the real problem of regulation,' he said. 'It’s always fighting the last war.'"
  • marketplace radio logo feature
    Excerpt from Marketplace -- "'If Goldman is a giant face-sucking squid then Google and Facebook are Predator and Alien,' said Scott Galloway, a professor of marketing at NYU’s Stern School of Business. Both Silicon Valley and Wall Street are made up of powerful companies focused on shareholders. So both should fall under the same scrutiny, said Galloway."
  • reuters logo feature
    Excerpt from Reuters -- "'It strengthens the hand of investors in other price-fixing cases based on benchmarks that were reached in collaborative, or outright collusive, arrangements,' said Lawrence White, a professor at New York University's Stern School of Business."
  • bloomberg logo feat
    Excerpt from Bloomberg -- "'The Greek parliament approved significant increases in taxes and reductions in pensions, which are likely to intensify the recession, and also approved selling a large swath of state assets to partially pay for its debt,' said Nicholas Economides, professor at Stern School of Business at New York University. The IMF and the EU are too far apart on the issue of debt relief to converge by the May 24 Eurogroup meeting, Economides said, 'therefore the likely outcome is an approval of an installment of the EU part of the Greek loan with the IMF’s position to be clarified at a later time.'"


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

Or contact us directly:

Rika Nazem, Executive Director
(212) 998-0678;

Janine Savarese, Executive Director
(212) 998-0202;

Carolyn Ritter, Director
(212) 998-0624;

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