We investigate whether short interest affects supply chain partners’ investments. This investigation is important for understanding the real effect of short sellers in facilitating stakeholders’ investment decisions. Prior research suggests that short interest conveys negative news in a...

"Momentum is consistent with value maximization of firms. The neoclassical theory of investment implies that expected stock returns are connected with expected marginal benefits of investment divided by marginal costs of investment. Winners have higher expected growth and expected marginal...