Faculty News

In a video interview, Professor Rosa Abrantes-Metz discusses the difficulties in preventing and investigating gold spoofing and other forms of precious metals market manipulation

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Excerpt from BNN Bloomberg -- "Rosa Abrantes-Metz, adjunct associate professor, NYU's Stern School of Business discusses the difficulties in preventing and investigating gold spoofing and other forms of precious metals market manipulation."
Faculty News

Center for Business and Human Rights Deputy Director Paul Barrett's comments on an increase in domestically sourced misinformation are highlighted; Research from the Center on disinformation and its impact on the 2020 elections is mentioned

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Excerpt from Business Insider -- "Paul Barrett, the deputy director of the NYU Stern Center for Business and Human Rights, told Business Insider in April that he'd seen an explosion of domestically sourced dis- and misinformation in recent months. Barrett also released a report last year detailing how dis- and misinformation would play a role in the upcoming election. 'In terms of sheer volume, domestically generated disinformation now exceeds malign content from foreign sources and will almost certainly be a factor in the next election,' the report said."
Faculty News

In a video interview, Professor Nouriel Roubini explains why he believes markets don't accurately reflect the economic risks associated with COVID-19

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Excerpt from Bloomberg -- "The global economy faces a risk of a slow recovery or even another slump along the way unless a vaccine is found, according to Nouriel Roubini. Speaking on Bloomberg Television on Friday, Roubini predicted that the shape of the recovery, which some predicted to be V, 'is becoming a U and the U could become a W if we don’t find a vaccine and don’t have enough stimulus.'”
Faculty News

Professor Tensie Whelan notes that consumers want to buy sustainable products and e-commerce retailers can help them do so by sharing environmental and social data on their online platforms

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Excerpt from GreenBiz -- "'Consumers want to buy sustainable products and e-commerce retailers can help them do so by sharing environmental and social data on their online platforms,' said Tensie Whelan, professor and director of the NYU Stern Center for Sustainable Business, and author of the report’s foreword, in a statement. 'Whether companies choose to jump at this opportunity will determine their ability to cultivate the consumer and remain competitive over the long-run.'"
Faculty News

In an in-depth video segment, Prof Arun Sundararajan reacts to a recent California appeals court ruling impacting Uber and Lyft and explains why on-demand ride hail is crucial at a time when there are health safety concerns about using mass transit

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Excerpt from Yahoo Finance -- "Professor at NYU Stern School of Business and Author of ‘The Sharing Economy' Arun Sundararajan joins Yahoo Finance’s Akiko Fujita to discuss the future of Uber and Lyft in California."
Faculty News

New, joint research from Professor Baruch Lev exploring the link between ESG considerations and stock performance during crises is highlighted

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Excerpt from Institutional Investor -- "Researchers from Canada’s University of Waterloo, Tilburg University in the Netherlands, and New York University’s Stern School of Business challenged the 'widespread claims by fund managers, ESG data purveyors, and the financial press' that companies with high ESG scores were better situated in the pandemic. In particular, the authors — Elizabeth Demers, Jurian Hendrikse, Philip Joos, and Bauch Lev — cited reports from BlackRock, Morningstar, and MSCI, which all found that ESG funds outperformed during the crash."
Faculty News

Professor Tom Meyvis' comments on why consumers are drawn to shopping at Target are highlighted

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Excerpt from Mashed -- "According to Tom Meyvis, a professor of marketing at New York University's Stern School of Business, the first trick employed by Target to suck you in lies in how they display the massive variety of items for sale (via Refinery29). For example, by placing hot sauce next to Pepto Bismol, customers shopping for one are more likely to leave with both. This process is called cross-selling, and it's surprisingly effective; so the next time you're at Target and not looking to over-stuff your pantry, keep an eye out for these clever but innocuous-looking pairings to ensure you're only purchasing what you really need. Of course, this is just one of the tricks in Target's bag."
Faculty News

Professor Anika Sharma's comments on retailer Lord & Taylor's business strategy are referenced

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Excerpt from Retail Dive -- "'Who is saying, 'Help me plan your wardrobe or your trousseau'?' Anika Sharma, professor at New York University's Stern School of Business, said in an interview last year. 'This is why brands like Stitch Fix are doing well. I would expect something like that from a place like Lord & Taylor, but the store is not doing well because they've taken those people out. They're a depository of other brands, but they don't stand for something.'"
Faculty News

Jihoon Rim Joins NYU Stern Management and Organizations Department as a Visiting Professor of Management Practice

Jihoon Rim
Jihoon Rim, former CEO of Kakao, joined NYU Stern’s Management and Organizations Department as a Visiting Professor of Management Practice. During the 2019-2020 academic year, he served as an Executive-in-Residence for the School’s Fubon Center for Business, Technology and Innovation, while holding an appointment as an adjunct professor in the Technology, Operations, and Statistics Department teaching a course entitled, “Managing a High-Tech Company: The CEO Perspective.” Professor Rim will continue teaching the course along with other tech and entrepreneurship courses.
Faculty News

Highlights from Professor Scott Galloway's recent podcast interview with Uber CEO Dara Khosrowshahi are featured

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Excerpt from The Verge -- "Galloway, who in addition to podcasting also serves as a professor of marketing at the New York University Stern School of Business, asked whether Uber is 'ground zero for income inequality,' noting the gap between Uber’s regular employees who earn six-figure salaries and above, and the millions of drivers, some of whom live below the poverty line."
Faculty News

Professor Aswath Damodaran explains why investors are turning to Big Tech stocks amid the coronavirus crisis

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Excerpt from The New York Times -- “'It’s become the new flight to safety,' Aswath Damodaran, a New York University finance professor who studies the stock market, said of investors flocking to Big Tech. Companies that are rich, flexible and digital are benefiting in the pandemic — and that describes the tech Goliaths, he said, adding, 'This crisis has strengthened what was already a strong hand.'”
Faculty News

Joint research from Professor Bryan Bollinger addressing peer effects in the diffusion of solar panels is spotlighted

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Excerpt from The New York Times -- "According to a 2012 study by the economists Bryan Bollinger and Kenneth Gillingham, a carbon tax that induced a family to install solar panels could be expected to stimulate a neighbor’s copycat installation within four months, on average. Let another four months pass, and each of these two will have spawned additional installations of their own, for a total of four."
Faculty News

Professor Alixandra Barasch is quoted in a story examining how fashion brands can take advantage of the key back-to-school shopping season amid the coronavirus crisis

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Excerpt from Business of Fashion -- “'The more digital the school year is going to be, the more difficult it is going to be for retail,' said Steven Marotta, managing director of research and equity at C.L. King & Associates. … 'We do think that there is a significant business still to be had, even if it's not as promising as previous years.” Whether they are staying home or not, kids are going to be active. … Alixandra Barasch, a marketing professor at NYU’s Stern School of Business who studies consumer trends, said she sees an opportunity for brands to sell statement pieces and accessories to kids this season."
Faculty News

Professor Thomas Philippon explains how the COVID-19 pandemic has provided Big Tech companies unprecedented reach into our lives, shaping how we work, communicate, shop and relax

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Excerpt from The New York Times -- "'Covid was the perfect positive storm for these guys,' said Thomas Philippon, a professor of finance at New York University. The companies’ deeper encroachment into American lives can be seen in web traffic numbers for Alphabet, Facebook and Amazon, which own the four most visited sites in the country. The traffic on these sites was immense before the pandemic, but daily visits increased sharply in March, when stay-at-home orders began, with Facebook up 15 percent and YouTube 10 percent, according to SimilarWeb, an online data provider."

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