Experience Stern | News & Events

Incorporating advice from others can improve decision making, yet all too often, powerful people ignore it, according to new research from NYU Stern Management Professors Kelly E. See and Elizabeth W. Morrison, along with co-authors Naomi B. Rothman of Lehigh University and Jack B. Soll of Duke University.

Excerpt from States News Service -- "Tuck valuation expert Anant Sundaram has collaborated with Stern school’s Aswath Damodaran to create a new valuation app called uValue for all levels of investors."

Excerpt from Forbes -- “'Once you’re in a position of power, it tends to make you more confident in your decisions,' explains See."

Excerpt from Bloomberg TV -- "Eugene Munster, analyst at Piper Jaffray Cos., Scott Galloway, professor at New York University, Alan Deutschman, a professor at the University of Nevada, Reno, and Om Malik, founder of the technology blog GigaOM, talk about Steve Jobs's resignation as chief executive officer of Apple Inc." Additional coverage appeared on Bloomberg TV and two Washington Post pieces.

Excerpt from Forbes -- "We examine whether investors benefit from 'selective access' to corporate managers, which we define as the opportunity for investors to meet privately with management in individual or small-group settings."

Excerpt from USA Today -- "For them, 'producing original scripted content for the summer doesn't work out on the bottom line,' says CBS research chief David Poltrack."

Excerpt from the Council on Foreign Relations -- "The Fed is doing what it can--and that is mainly not to do anything to damage a fragile return to economic health."

Excerpt from Seeking Alpha -- "For more detail, check out this presentation by Paul Zarowin, a Professor of Accounting at the Stern School of Business, New York University."

Excerpt from CNBC -- "And with the Dow coming off its best gain in two weeks, we'll be speaking with investment strategist Richard Bernstein about his S&P target for the end of the year and what he expects from Fed Chief Ben Bernanke on Friday."  Additional coverage appeared on CNBC and Seeking Alpha.

Excerpt from NPR -- "The biggest effect of removal of subsidies is going to be that people will buy the houses they can afford."

Excerpt from Forbes -- "'Since gold has no intrinsic value,' says Dr.Doom, 'there are significant risks of a downward correction.'"  Additional coverage appeared in two TheNational pieces, MetalMiner, two Seeking Alpha pieces, Moneyweek, Financial Times Alphaville, GoldSeek, Business Insider, BusinessSpectator and New York Observer.

Excerpt from Woman's Wear Daily -- “‘To be at the top of the pack, you have to make investments in social and mobile. You have to be at the forefront of digital investments,’ Galloway said.”  Additional coverage appeared in Daily Markets, TheNextWeb.com, Cincinnati Business Courier, Warc.com, BrandChannel and The Columbus Dispatch.

Excerpt from SmartCompany -- "The story by, well a lot of people, which came from New York University's Stern School of Business, says it all: Why fair bosses fall behind."

Excerpt from MSN India -- "IT major Infosys announced that in accordance with the retirement policy in place its Lead Independent Director Marti G Subrahmanyam will retire from the board today."  Additional coverage appeared on Moneycontrol.com, IBNLive, CIOL and EFYTimes.com.

Excerpt from Reuters -- "'The manufacturing sector was one of the most consistent pockets of strength in this recovery and all of a sudden it seems to be taking a very severe beating that goes beyond the supply chain disruptions related to the Japan earthquake,' said Anthony Karydakis."

Excerpt from IR Web Report -- "In the latest study, professors Brian Bushee of the University of Pennsylvania, Michael Jung of New York University and Gregory Miller of the University of Michigan say they have found evidence that 'investors exploit their selective access to management to execute larger and more profitable trades.'"

Excerpt from The Jerusalem Post -- "A 2011 paper by Prof. Nicholas Economides and Prof. Roy Smith at NYU suggested a similar type of bond for Europe called a Trichet bond, after European Central Bank president Jean-Claude Trichet."

Excerpt from Stanford Knowledge Base -- "Nagel’s research—done collaboratively with Malcolm Baker of Harvard University and Jeffrey Wurgler of New York University—was the first to look past aggregate data to how dividends affected consumption."

Excerpt from BigThink -- "Galloway says, 'Facebook becomes the Internet, and the Internet is just the underlying platform that powers it.'"

Excerpt from Xinhua News -- "Too many regulatory requirements will increase the rating agencies, operating costs, generate new institutions hinder, impede new methods, new technologies and generate new business models."  Additional coverage appeared in Fortune, O Globo, Seacoastonline.com and Sanlian Lifeweek Magazine.

Excerpt from Yahoo! Finance -- "'Just the way we recapitalized the financial sector, I think there was a very good case for recapitalizing the households,' says Acharya."  Additional coverage appeared in Business Insider and Moneynews.

Excerpt from Yahoo! Finance -- "Of all the U.S. banks, NYU Stern Finance Professor Viral Acharya, considers Bank of America to be the most 'systemically risky.' In the accompanying interview, Acharya, author of Regulating Wall Street, describes his method for assessing bank risk."

Excerpt from Science Letter -- "How do individuals with higher status react to their encounters with lower-status counterparts? Four studies explore this issue, focusing on higher-status parties' concerns with the outcome favorability and procedural fairness of those encounters."

Excerpt from LaLate -- "[Ricky] Martin was chosen by a special committee compromised of reps from the UNOP, NYU Stern School of Business, and the Foundation for Social Change."

Excerpt from Bloomberg -- "It’s probable the central bank would again lend to a big firm such as Morgan Stanley if another crisis hit, said Viral Acharya, a New York University finance professor who serves as an academic adviser to the Fed"