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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/

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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

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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

 

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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....

 

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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

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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

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Voice of America: "Russia Plays Big Role in Cyber Spying, Hacking"

11/17/2014

Voice of America: "Russia Plays Big Role in Cyber Spying, Hacking"

. . . “The Russians are a lot more sophisticated in terms of state-sponsored attacks than the Chinese,” says Darren Hayes, director of cyber-security at Pace University. “It’s of concern because often various traditional mechanisms used for stopping these types of attacks are rendered useless.”

Read more: http://www.voanews.com/content/russia-plays-big-role-in-cyber-spying-hacking/2522915.html

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SC Magazine: "U.S. spy program targeting Americans' mobile phones, report says"

11/14/2014

SC Magazine: "U.S. spy program targeting Americans' mobile phones, report says"

. . . “Given the secretive nature of these devices, I can only assume that they are collecting IMSIs (International Mobile Subscriber Identities) coupled with the latitude and longitude of that handset,” Darren Hayes, assistant professor and director of cybersecurity at Pace University's Seidenberg School of Computer Science and Information Systems, told SCMagazine.com in a Friday email correspondence.

Read more: http://www.scmagazine.com/doj-devices-on-airplanes-gather-mobile-phone-data/article/383474/

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Variety: "DreamWorks Animation Sale to Hasbro Hinges on Control, Price"

11/14/2014

Variety: "DreamWorks Animation Sale to Hasbro Hinges on Control, Price"

. . . “Hasbro today has enjoyed mega success with its ‘Transformers’ property in four live action films,” said Paul Kurnit, a clinical professor of marketing at Pace University’s Lubin School of Business. He’s also a former president of ad agency Griffin Bacal, whose client roster included Hasbro. “The Hasbro library could potentially profit enormously by new animated imaginations of many of their properties for the large screen and for video release. DreamWorks could be just the magical collaboration to make those dreams come true.”

Read more: http://variety.com/2014/biz/news/dreamworks-animation-sale-to-hasbro-hinges-on-control-price-1201355699/

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TechNewsWorld: "Americans Flip-Flop on Personal Data Privacy"

11/14/2014

TechNewsWorld: "Americans Flip-Flop on Personal Data Privacy"

. . . "At the generic level, most people are concerned about privacy, and more are concerned about it than will do anything about it," Larry Chiagouris, a professor of marketing at Pace University, told TechNewsWorld.

"If the privacy that's promised results in people not having access to sites they want to access, they'll say to hell with privacy, because they know there's so much data that's being collected about them from sources other than the Internet," he pointed out.

Read more: http://www.technewsworld.com/story/81343.html

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