Faculty News

In a podcast interview, Professor Joshua Ronen offers his views about the implementation of CECL

Excerpt from American Banker -- (6:20) "My objection to CECL is that it is technically flawed to such a degree that it would potentially cause institutions to record very large accounting losses, which decrease the regulatory capital, when, in fact, there are zero economic losses."
Faculty News

Professor Dolly Chugh's book, "The Person You Mean to Be," is featured in a summer reading list for women in power

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Excerpt from Forbes -- "The Person You Mean to Be: How Good People Fight Bias by Dolly Chugh: A smart how-to that will help you recognize your privilege and unconscious bias, confront inequality, and stand up for diversity and inclusion at work, home, and in the world."
Faculty News

Professor Alixandra Barasch shares insights from her research on the impact of taking photos with the intention to share them

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Excerpt from Vox -- "Alixandra Barasch, an assistant professor of marketing at New York University who studies the social aspects of consumption, has found that taking photos can actually help people engage with their surroundings, as they notice details they otherwise would have missed and make considered decisions about what to capture."
Faculty News

The DHL Global Connectedness Index, joint research by Professor Pankaj Ghemawat, Senior Research Scholar Steven Altman and Associate Research Scholar Phillip Bastian, is referenced

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Excerpt from The Economist -- "Pankaj Ghemawat of NYU Stern School of Business, one of the authors of the DHL report, sees a 'semi-globalised' world in which international threats and opportunities matter but most business activities take place domestically. For most firms, this will mean supply chains will need to become not just shorter, but also faster and smarter."
Faculty News

Professor Ari Ginsberg underscores the importance of companies "upskilling" their employees

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Excerpt from CBS News -- "'Digital talent now is not a luxury anymore. It's something that companies need just to survive,' said New York University business professor Ari Ginsberg."
Faculty News

Professor Allen Adamson highlights the benefits of small subscriptions in delivering customer loyalty

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Excerpt from ICAS -- "'The key driver is that you want to be able to lock in your most loyal customers and to get them to use you as often as possible and to get them out of the market,' said Allen Adamson, Adjunct Associate Professor at New York University’s Stern School of Business. 'Even if you’re losing money – it’s a loss leader. They will buy something else once in a while, but they won’t change their habits.'"
Faculty News

Professor Theresa Kuchler is interviewed about her joint research with Professor Johannes Stroebel on the impact of public transit travel times on social connections

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Excerpt from WIRED -- "Data from social media platforms like Facebook has given scientists unprecedented glimpses into human relationships and how they’re formed, says Theresa Kuchler, a coauthor of the paper and assistant professor of finance at NYU’s Stern School of Business who studies how people make economic decisions."
Faculty News

Professor Michael North's joint research on ageism is spotlighted

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Excerpt from Psychology Today -- "Stanford University’s Ashley Martin teamed up with New York University’s Michael North and Columbia University’s Katherine Phillips (2019) to put ageist stereotypes to the test with these more behavioral methods, studying as well the interaction between ageism and sexism."
Faculty News

Professor Michael Posner shares his views on the State Department's creation of a Commission on Unalienable Rights

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Excerpt from The Washington Post -- “'We don’t need this commission,' said Michael Posner, the State Department’s assistant secretary for DRL from 2009 to 2013. 'What we need is for the U.S. government, the secretary of state and the president to abide by and uphold international human rights standards we already have adopted.'"
Faculty News

In a video interview, Professor Irv Schenkler discusses Boeing's public response to incidents involving its 737 Max planes

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Excerpt from Tech Insider -- (4:00) "Had they opened up, had the CEO or another senior executive spoken to this more general sense of concern, indicating that the compnay is doing everything it can as soon as it can to find out more and will report back, that could have at least lessened the sense that the company was being evasive."
Faculty News

Professor Lawrence White comments on Deutsche Bank's plan to restructure its global operations

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Excerpt from The Washington Post -- “'The crisis heightened the realization than non-U. S. large financial intuitions like Deutsche were even more fragile, had even less capital than was true of major U.S. banks,' said Larry White, a professor at NYU Stern School of Business. 'Deutsche may well be too big to fail, too big to manage effectively.'”
 
Faculty News

In a live interview, Professor Arun Sundararajan discusses why a tech tax in France will reinforce escalating trade tensions between the US and the European Union

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Excerpt from CNBC -- "I think [a tax on tech firms] is going to reinforce the ongoing trade war between the US and the European Union... I don't think it will be focused exclusively on tech."
Faculty News

Professor Paul Hardart offers insight into why Marvel's re-release of Avengers: Endgame is beneficial to the brand and outweighs any incremental marketing costs

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Excerpt from Marketplace -- "And according to Paul Hardart, director of the entertainment, media and technology program at the New York University Stern School of Business, Marvel has such a loyal fanbase that the 'Avengers: Endgame' re-release is probably a great idea, and one that isn’t going to cost very much to promote."
Faculty News

Joint research by Professors Tülin Erdem, Vishal Singh and PhD candidate Poppy Zhang on how consumers favor brands that help refugees is spotlighted

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Excerpt from BizEd Magazine -- "'These findings indicate that businesses can view these efforts as more than just philanthropy,' says Tülin Erdem, co-author of the report and chair of NYU Stern’s marketing department. A company’s support of refugees 'impacts brand image and consumer brand purchase behavior positively,' says Erdem. The survey results are consistent with other research that shows an increasing number of consumers prefer socially responsible brands."
 

Faculty News

Professor Deepak Hegde offers advice to entrepreneurs who are looking to scale startup companies

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Excerpt from Business Insider -- "That's according to Deepak Hegde, associate professor of management and organizations at New York University. Hegde also directs Endless Frontier Labs, which helps technology and science startups scale. (One alum is Analytical Flavor Systems, a machine-learning and artificial-intelligence platform that predicts individual taste profiles that's now being leveraged to design boutique bread flavors.)"
Faculty News

Professor Susan Stehlik shares insights for how world leaders can effectively use communication strategies at the G20 Summit

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Excerpt from Business Insider -- "Trump can get on Xi's good side by asking questions instead of proposing a solution without listening. Susan Stehlik, the director of NYU Stern Business School's management communication program, said Western leaders can fall into the trap of presenting a proposal right at the top of the meeting."
 
Faculty News

Professor Susan Stehlik shares insights for how world leaders can effectively use communication strategies at the G20 Summit

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Excerpt from Business Insider -- "Trump can get on Xi's good side by asking questions instead of proposing a solution without listening. Susan Stehlik, the director of NYU Stern Business School's management communication program, said Western leaders can fall into the trap of presenting a proposal right at the top of the meeting."
Faculty News

Professor Michael Posner discusses how the spread of disinformation on social media could impact the 2020 election cycle

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Excerpt from The Washington Post -- "Tech companies have not clarified their policies for handling deepfakes or more crudely edited and demonstrably false videos, said Michael Posner, the director of New York University Stern Center for Business and Human Rights who researches disinformation."
Faculty News

Professor Dolly Chugh offers advice for companies to successfully manage cross-generational teams

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Excerpt from Livemint -- "Psychologist Dolly Chugh of NYU Stern School of Business points out that when it comes to inclusive behaviour, it is important to keep in mind that we are all “a work-in-progress". Irrespective of the generation we belong to, we may have certain “ordinary privileges" that others may not have access to."
Faculty News

Professor Michael Posner discusses how the spread of disinformation on social media could impact the 2020 election cycle

The Washington Post logo
Excerpt from The Washington Post -- "Tech companies have not clarified their policies for handling deepfakes or more crudely edited and demonstrably false videos, said Michael Posner, the director of New York University Stern Center for Business and Human Rights who researches disinformation."
Faculty News

Professor David Yermack's comments on bitcoin at the Mapping the Financial Frontier Conference are featured

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Excerpt from Crowdfund Insider -- "So very famously, the first block of the Bitcoin blockchain, which was created on January 3, 2009, it has the headline from that morning’s Times of London, that the chancellor’s on the brink of a second bailout for the British banking system. And this is there really to announce to the world that there is a better way and to throw down a challenge to the existing financial system that we are going to put you out of business if you don’t adapt and recognize that there’s a better way to do payments and transfers."
Faculty News

Professor Joseph Foudy explains how higher tariffs may threaten business operations in China

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Excerpt from CGTN -- "'Firms are A,B,C – Anywhere But China,' explains Joseph Foudy, a professor at New York University’s Stern School of Business. 'And so they are just radically reducing their exposure because even if we get an agreement today, who’s to say that it doesn’t break down, and we’re not looking at a new round of tariffs late this year or early next year?'"
Faculty News

Professor David Yermack discusses the impact Facebook's virtual currency proposal could have on the payments industry

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Excerpt from Financial Times -- "The idea marks a 'long overdue' attack by Big Tech on the payments industry, says David Yermack, a finance professor at New York University’s Stern School of Business."
Faculty News

Professor Julia Hur offers her perspective on how employee requests for reimbursements may indicate a desire for higher compensation

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Excerpt from Forbes -- "Julia Hur, an assistant professor at New York University, blames performance incentives. 'Crazy reimbursement is a kind of expression of strong desire for more money,' she said, adding that performance incentives make people think about money and as a result, they become obsessed with getting reimbursed."
Faculty News

Professor Aswath Damodaran's research on pharmaceutical companies' profit margins is cited

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Excerpt from The Economist -- "According to a recent study by Aswath Damodaran of New York University’s Stern School of Business, on this basis drug firms’ margins are 24%, higher than most other sectors (see chart)."

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