Press Releases

Digitization Offers Prospect for Music Licensing Reform

Lawrence White
“Digitization offers the prospect of a more competitive, less regulatory music licensing system,” state Thomas Lenard and Lawrence White in “Moving Music Licensing into the Digital Era: More Competition and Less Regulation” released today by the Technology Policy Institute.
Press Releases

New Research Demonstrates Link between Poor Corporate Governance and Toxic Mortgages

Claudine Gartenberg
In a new study, Professor Claudine Gartenberg of the NYU Stern School of Business and Professor Lamar Pierce of the Olin Business School at Washington University in St. Louis find that integrated banks – firms that both originate and then securitize a mortgage – with poor corporate governance are twice as likely to issue loans that will default compared to similar firms with strong governance.
Press Releases

NYU and Cornerstone Research Debut Database to Track SEC Enforcement Actions

Henry Kaufman Management Center
The NYU Pollack Center for Law & Business and Cornerstone Research announce the launch of the Securities Enforcement Empirical Database (SEED), located at seed.law.nyu.edu.
Press Releases

Activist Hedge Fund Investment Reduces Firms’ Voluntary Disclosure

Michael Jung
New research from NYU Stern Professor Michael Jung and University at Buffalo School of Management Professor Jing Chen finds that, on average, firms are less likely to issue public management forecasts, also known as management guidance, after investment by an activist hedge fund.
Press Releases

New Research Finds Increased Internet Access Led to a Rise in Racial Hate Crimes in the Early 2000s

Anindya Ghose and Robert Seamans
New research from Carlson School of Management Professor Jason Chan and NYU Stern Professors Anindya Ghose and Robert Seamans finds that broadband availability increased the incidence of racial hate crimes committed by lone-wolf perpetrators in the United States during the period 2001-2008.
Press Releases

New Research Indicates that Reducing the Cost of Lending Leads to Little Stimulus

Johannes Stroebel
In a new study, Professor Johannes Stroebel of the NYU Stern School of Business, Sumit Agarwal of the National University of Singapore, Souphala Chomsisengphet of the Office of the Comptroller of Currency and Neale Mahoney of the University of Chicago Booth School of Business find that government policies aimed at stimulating the economy by reducing banks’ cost of funds, so that they will extend more credit to households, are relatively ineffective.
Press Releases

National Stock Exchange of India and NYU Stern starts Indian Financial Markets Conference 2015

Henry Kaufman Management Center
The National Stock Exchange (NSE), India’s leading stock exchange, and New York University Stern School of Business (NYU Stern), one of the world’s premier research and teaching institutions, began their third annual ‘Indian Financial Markets Conference 2015’ today in Mumbai, India.
Press Releases

Professor Kim Schoenholtz Named to Financial Research Advisory Committee of US Treasury’s Office of Financial Research

Kim Schoenholtz
Professor Kim Schoenholtz was named as a member of the Financial Research Advisory Committee (FRAC) of the US Treasury’s Office of Financial Research (OFR). The OFR, established as a result of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, created the committee to provide advice, recommendations, analysis, and information on topics including research methodologies, data management, and data standards.
Press Releases

Tensie Whelan Joins NYU Stern to Establish New Center for Sustainable Business

Henry Kaufman Management Center
New York University Stern School of Business today announced that Tensie Whelan, currently the president of the Rainforest Alliance and a key leader in the realm of environmental activism and stewardship, will join the Stern faculty to establish and lead a new Center for Sustainable Business beginning in January 2016.
Press Releases

NYU Stern School of Business Announces New Master of Science in Accounting

Henry Kaufman Management Center
New York University Stern School of Business has announced a new one-year, full-time Master of Science in Accounting that will begin accepting qualified college graduates to start in the fall semester 2016. This program will satisfy the 150-credit-hour education requirement needed as a prerequisite for New York State’s Certified Public Accountant (CPA) certification. The MS in Accounting provides a thorough foundation for careers in accounting, including attestation and assurance services, as well as taxation and forensic accounting.
Press Releases

Robert Greifeld, CEO of Nasdaq, to Keynote NYU Stern School of Business 2015 Graduate Convocation

Bob Greifeld
Bob Greifeld will discuss the role of dynamic and well-functioning capital markets in frontier and emerging economies. He will stress the importance of ensuring the efficient movement of capital and resources in driving job growth, infrastructure development and economic prosperity.
Press Releases

NYU Teams Win $200K in Stern's 2014-2015 Entrepreneurs Challenge

2015 Entrepreneurs Challenge Kickoff
At the conclusion of an eight-month competition, NYU’s most promising innovators received a combined $200,000 in start-up cash at the annual $200K Entrepreneurs Challenge, held by NYU Stern’s Berkley Center for Entrepreneurship & Innovation.
Press Releases

Data-Driven Management Is Not a Panacea for Improving Employee Performance

Steven Blader and Claudine Gartenberg
Companies should think twice before adopting data-driven management tools designed to spark friendly competition among employees, say NYU Stern Professors Steven Blader and Claudine Gartenberg and Columbia University Professor Andrea Prat in their new research paper, “The Contingent Effect of Management Practices.”
Press Releases

NYU Stern Center for Business and Human Rights to Tackle Migrant Labor Rights in the Construction Industry

Henry Kaufman Management Center
The NYU Stern Center for Business and Human Rights is beginning a new research project to promote human rights in the supply chain for construction labor that runs from South Asia to the Arabian Gulf.
Press Releases

New Research Shows that Switching Industries is Costly for Serial Entrepreneurs

JP Eggers
In a new study, Professor JP Eggers of the NYU Stern School of Business and Lin Song of the Central University of Finance and Economics in Beijing find that serial entrepreneurs whose previous ventures failed are likely to blame the external environment and to change industries for their subsequent ventures.
Press Releases

Foreign Policy Association Awards Medal to Peter Henry, Economist and Dean of NYU Stern School of Business

Peter Henry
NYU Stern announced that Peter Henry, an economist and dean of the School, was awarded the Foreign Policy Association Medal at the organization’s annual Financial Services Dinner, held last evening at the Pierre Hotel in New York City.
Press Releases

NYU Stern Launches Advanced Professional Certificates in Finance, Marketing and General Business

Henry Kaufman Management Center
Working professionals who want to build knowledge quickly in a specific area to refresh or supplement their expertise can now apply to take graduate-level courses at NYU Stern through new non-degree Advanced Professional Certificate (APC) programs.
Press Releases

New Research Shows Online Movie Buzz is a Good Predictor of Box Office Success

C. Samuel Craig and William Greene
Just in time for the Oscars, Professors C. Samuel Craig and William Greene of the NYU Stern School of Business, and co-author Anthony Versaci of AIG, are releasing a new study demonstrating that online buzz prior to a film’s release is a good indicator of its future box office success. The authors contend that movie studios are in a position to use “e-buzz” to their advantage by adjusting advertising budgets and marketing strategies in real-time to increase the film’s likelihood of success.
Press Releases

NYU Stern Professor Srikanth Jagabathula Receives National Science Foundation CAREER Award

Srikanth Jagabathula
NYU Stern today announced that Professor Srikanth Jagabathula, an assistant professor in the Information, Operations, & Management Sciences department (IOMS) at the School, was recently recognized by the National Science Foundation (NSF) with its Faculty Early Career Development Award (CAREER).
Press Releases

NYU Stern Receives $5.75 Million from Alumnus Leonard Stern to Fund Scholarship for High-Achieving, Low-Income New York City Seniors

NYU Flags outside of Kaufman Management Center
Today, NYU Stern announced the establishment of The Leonard N. Stern New York City Scholarship to support extraordinary New York City high-school seniors who aspire to study business at NYU, but lack the financial means to do so.
Press Releases

New Research Debunks Popular Perception that Entrepreneurs and Inventors Prefer to Keep Patent Know-How Secret

Deepak Hegde
In a new study, Professor Deepak Hegde of the NYU Stern School of Business and Stuart Graham of Georgia Institute of Technology discredit the conventional wisdom that public disclosure by inventors of their proprietary knowledge when their patents are pending is costly for them because it alerts rivals and facilitates imitation by others.
Press Releases

Volatility Institute Launches at NYU Shanghai

NYU Flag
NYU Shanghai is celebrating the launch of the Volatility Institute at NYU Shanghai. The Volatility Institute at NYU Shanghai, located at the NYU Shanghai Pudong Academic Building in the heart of Liujiazui, Shanghai’s financial center, aims to create opportunities for research focused on both the Chinese financial markets and markets around the world.
Press Releases

First Public Meeting on White House Plan for Responsible Business Conduct Announced

The first open dialogue on a White House plan to promote responsible business conduct abroad will take place on December 15, 2014 and will be co-hosted by the NYU Stern Center for Business and Human Rights and the United States Council for International Business.
Press Releases

People Experience Recurring Life Crises at the Start of Each New Decade in Age

New research from NYU Stern School of Business Professor Adam Alter and UCLA Anderson School of Management Professor Hal Hershfield shows that when adults approach a new decade in age (i.e., at ages 29, 39, 49 or 59), they search for existential meaning and behave in ways that can be constructive or destructive. 
Press Releases

New Research Finds that Special Interest Lobbying Does Influence NIH Research Funding

Deepak Hegde
In a new study, NYU Stern Professor Deepak Hegde and Bhaven Sampat of Columbia University investigate whether lobbying by special interest groups affects funding for research by the National Institutes of Health (NIH), a publicly funded federal agency and the world’s largest funder of medical research – nearly $30 billion each year.

Archive