main navigation
my pace

NYC

News & Events

Sort/Filter

Filter Newsfeed

News Item

China Daily: "Chinese culture inspiration for students"

12/02/2014

China Daily: "Chinese culture inspiration for students"

Members of the Pace University Confucius Institute and the New York Chinese Opera Society (NYCOS) award two students with cash prizes on Monday at Pace University in New York for their submissions to the Fourth Annual NYCOS Essay Competition. Julieth Saenz (fourth from left) and Elizabeth Delaney (fourth from right), both seniors at Pace University, took home the first- and third-place prizes, respectively. Jack Freifelder/ China Daily.

Read more: http://usa.chinadaily.com.cn/world/2014-12/02/content_19007449.htm

 

 

 

 

 

News & Events

Sort/Filter

Filter Newsfeed

News Item

Westchester County Business Journal: "Investing in Westchester’s biotech surge"

12/02/2014

Westchester County Business Journal: "Investing in Westchester’s biotech surge"

. . . “The literature shows that $30 is the sweet spot, meaning that there’s an optimal mix of retail and institutional investors,” said Padma Kadiyala, a professor of finance at Pace University’s Lubin School of Business. “As share price goes up, the number of investors that can afford to buy shares of the stock goes down. It’s harder for mom and pop to invest in stocks with share prices over $100.”

Kadiyala explained that shares of stock trading between $30 and $100, such as Acorda, are more liquid than stocks trading at higher prices, such as Regeneron. Because those shares are more liquid, they also get more attention and coverage from securities analysts, who examine corporate financial data to determine investment risk. And because there is more analysis of the stocks for investors to peruse, it’s easier, at least in theory, for them to make a determination.

Read more: http://westfaironline.com/67541/investing-in-westchesters-biotech-surge/

News & Events

Sort/Filter

Filter Newsfeed

News Item

The Hill's Congress Blog: "Tax reform Frank Capra style"

12/01/2014

The Hill's Congress Blog: "Tax reform Frank Capra style"

With Republicans taking control of the Senate there has been talk of tax reform as a potential area where the Obama administration and the Republican controlled Congress can agree, writes Philip G. Cohen, associate professor of Taxation at Pace University's Lubin School of Business and a retired vice president-Tax & General Tax Counsel at Unilever United States, Inc.  There is a widespread view that the Internal Revenue Code is in need of reform. Previous efforts at tax reform by Congress, however, have created a complex, inefficient and inequitable federal tax system.  

While past tax acts often are replete with reference to "tax reform" or nomenclature like "jobs creation," they generally serve neither to truly reform the tax system or create many American jobs. One must therefore be wary of tax reform that would continue this pattern. Imagine, however, if the next round of tax reform were crafted by those who embody the ideals of Senator Jefferson Smith, portrayed by Jimmy Stewart, in the 1939 movie classic directed by Frank Capra, "Mr. Smith Goes to Washington."  

Read more: http://thehill.com/blogs/congress-blog/economy-budget/225410-tax-reform-frank-capra-style

News & Events

Sort/Filter

Filter Newsfeed

News Item

Connecticut Post: "Child advocate's Sandy Hook report expected to affect recommendations for troubled kids"

12/01/2014

Connecticut Post: "Child advocate's Sandy Hook report expected to affect recommendations for troubled kids"

While the state Office of the Child Advocate's bombshell report presented many new details about the troubled, rage-filled life of the Sandy Hook Elementary School shooter, recommendations for screening, identifying and treating troubled children will be challenges for years to come.

The 141-page report released Friday will play a large role in the upcoming final proposals being prepared by the governor's Sandy Hook Advisory Commission.

"I am not sure of the total value of looking backward at Adam Lanza," said Hamden Mayor Scott Jackson, chairman of the advisory commission, which will present its suggestions in late December or January.

"But the way the report is broken out, there are specific recommendations, and that's what we're looking for," Jackson said in a phone interview. "The child advocate and the writing group had information that we did not have. To the extent that we can endorse them or flesh them out will be our top priority over the next weeks."

The report promotes early insurance-eligible examinations and screening for children as young as infants; better programming for developmentally disabled schoolchildren; more support and expertise for school-based programming; and better oversight of education and treatment plans for children who are homebound after being found unsuitable for classroom instruction.

"The purpose of this report is to understand the developmental trajectory," Child Advocate Sarah Healy Eagan told reporters during an online news conference Friday. "There is much to learn and much to take away. Children's wellness is inextricably bound with their families. Children's health does not exist in a vacuum, and until we can provide that fairly focused, multidisciplinary support for children with special needs, we will always have children fall through the cracks."

With input from other contributors, the long-awaited report was created by Eagan, Assistant Child Advocate Faith VosWinkel; Julian D. Ford, a psychiatrist at the Center for Trauma Recovery and the Juvenile Justice University of Connecticut Health Center; Christopher Lyddy, a former state representative from Newtown, chief operating officer of Advanced Trauma Solutions Inc.; Dr. Harold I. Schwartz, psychiatrist-in-chief at Hartford Hospital's Institute of Living; and Andrea Spencer, dean of the Pace University School of Education.

Both Lyddy and Schwartz served on the 16-member Sandy Hook commission.

Lyddy said the in-depth study of shooter Adam Lanza's medical and mental health evolution and ultimate descent into homicidal rage, creates a map of pitfalls and opportunities for doctors, educators and parents.

"The real learners here are the system, the mental health system," Lyddy said during the news conference. "The system needs to understand that parents deal with significant stress, sometimes debilitating stress, in dealing with children with special needs."

Ford said when Lanza was 14, the Yale Child Study Center offered a course of medical treatment and special education and therapeutic supports. It was rejected by his mother, Nancy Lanza, whom six years later the shooter murdered with four shots from a .22 rifle in her bed before driving to the school with her assault-style rifle and several large-capacity ammunition magazines and murdering 20 first-graders and six adults.

"She was trying to keep him sheltered in many ways," Lyddy said.

Schwartz told reporters Lanza's "virtual social isolation" did him no good. "Rather than being withdrawn, they should be required to face it," Schwartz said, charging so-called homebound status -- as opposed to home-schooling where parents and guardians adhere to stricter education plans -- was part of a larger, harmful pattern for Lanza. "The capitulation of a needy child ultimately limits the horizons of that person."

"There is very limited monitoring and essentially no education services," said Spencer of homebound children. "He was losing a sense of contact with people as human beings."

Read more: http://www.ctpost.com/local/article/Child-advocate-s-Sandy-Hook-report-expected-to-5913269.php

News & Events

Sort/Filter

Filter Newsfeed

News Item

Bloomberg BNA: "Increase in Risk Complexity Impacting Board Strategy, Recruitment, Panelists Say"

11/24/2014

Bloomberg BNA: "Increase in Risk Complexity Impacting Board Strategy, Recruitment, Panelists Say"

. . . Robert Chersi, executive director of the Center for Global Governance, Reporting and Regulation at Pace University's Lubin School of Business, noted that recent studies have shown certain aspects of board composition have changed over the last 10 years. For example, he explained that while, on average, board size, board turnover rate and board member age have remained relatively the same, other changes have occurred that could have an impact on governance issues.

Two of the changes that he highlighted were an increase in companies with lead directors taking on powerful roles and in companies with specialist directors on their boards.

He observed that while much has been written and spoken about regarding splitting the roles of CEO and chairman, not much has changed in this area of board composition. According to Chersi, the emerging role of lead director has been the “antidote” for many corporations, instead of splitting the roles of chairman and CEO.

Read more: http://www.bna.com/increase-risk-complexity-n17179912492/

News & Events

Sort/Filter

Filter Newsfeed

News Item

The Hill's Congress Blog: "Lessons learned from Japan’s failed economic policies"

11/21/2014

The Hill's Congress Blog: "Lessons learned from Japan’s failed economic policies"

For nearly twenty years, Japan has been trying to counter stagnation with near zero interest rates and enormous government expenditures using large additions to Japan’s national debt, writes Robert G. Vambery, a professor at Pace University’s Lubin School of Business. The Abe administration’s plan of government expenditures combined with the Bank of Japan’s additional quantitative easing is more of the same, just on a larger scale.

Read more: http://thehill.com/blogs/congress-blog/economy-budget/224929-lessons-learned-from-japans-failed-economic-policies

News & Events

Sort/Filter

Filter Newsfeed

News Item

Richmond Times-Dispatch: "Law and precedent are on Obama's side, legal experts say"

11/21/2014

Richmond Times-Dispatch: "Law and precedent are on Obama's side, legal experts say"

. . . Christopher Malone, a professor of political science at Pace University in New York, said that the president’s announcement could also be viewed as an attempt to change the narrative coming out of the disastrous 2014 midterm elections for the Democratic Party.

“It will certainly further poison the well with the new Republican majority in Congress. But frankly, Obama had nothing to lose in that regard. Either way, it is a foregone conclusion that he will be hamstrung by Republicans in the last two years of his presidency,” Malone said.

“With the announcement, Obama gives an utterly demoralized Democratic Party base something to fight for, something to hope for, and something to mobilize around going into the 2016 election,” he said.

Read more: http://www.timesdispatch.com/news/state-regional/virginia-politics/law-and-precedent-are-on-obama-s-side-legal-experts/article_494acde2-6343-5e20-8705-55ca69044fc9.html

 

News & Events

Sort/Filter

Filter Newsfeed

News Item

E-Commerce Times: "Facebook May Punch In at Work"

11/18/2014

E-Commerce Times: "Facebook May Punch In at Work"

. . . With At Work, Facebook could be making a play to be a leader in the next-generation office, noted Paul Kurnit, clinical professor of marketing at Pace University's Lubin School of Business.

"The social space and the work space are so dynamic today that we're constantly looking for the next thing in effective communication," he told the E-Commerce Times. "Facebook, through Facebook At Work, is saying they want a piece of that."

- See more at: http://www.ecommercetimes.com/story/Facebook-May-Punch-In-at-Work-81375.html#sthash.eL12z2gj.dpuf

 

With At Work, Facebook could be making a play to be a leader in the next-generation office, noted Paul Kurnit, clinical professor of marketing at Pace University's Lubin School of Business.

"The social space and the work space are so dynamic today that we're constantly looking for the next thing in effective communication," he told the E-Commerce Times. "Facebook, through Facebook At Work, is saying they want a piece of that."

- See more at: http://www.ecommercetimes.com/story/Facebook-May-Punch-In-at-Work-81375....

 

News & Events

Sort/Filter

Filter Newsfeed

News Item

TechNewsWorld: "US Marshals Have Their Own Cellphone Data Slurpfest"

11/18/2014

TechNewsWorld: "US Marshals Have Their Own Cellphone Data Slurpfest"

. . . "There's a lot of excitement about this program which is unwarranted, and the fact of the matter is we're still talking about communications that do not have any content," said Darren Hayes, a professor at Pace University's Seidenberg School of Computer Science.

The U.S. Marshals Service "is not connecting to any of your actual communications," he told TechNewsWorld. "It's not like the far-reaching, intrusive communications capture the NSA is conducting."

Read more: http://www.technewsworld.com/story/81357.html

News & Events

Sort/Filter

Filter Newsfeed

News Item

Reporting Magazine: "The quest for comparability"

11/17/2014

Reporting Magazine: "The quest for comparability"

Consistency is what really matters when it comes to global accounting standards, argues Leslie F. Seidman, former Chairman of the Financial Accounting Standards Board. She is now Executive Director of the Center for Excellence in Financial Reporting at Pace University’s Lubin School of Business in New York. She has also served as a director of rating agency Moody’s since December 2013 and as a public governor of the Financial Industry Regulatory Authority since April 2014.

Read more: http://www.ey.com/Publication/vwLUAssets/Issue_8_Reporting_Magazine/$FILE/EY-Reporting-magazine-Issue-8-November-2014.pdf

Pages