Journal article
Short-term institutional investors and the diffusion of supply chain information
Abstract
What informational advantage do short-term investors have? This paper demonstrates that short-term investors can benefit from the ability to process public, but slowly diffusing, supply chain information ahead of other market participants. In support of this argument, we find that short-term investors establish larger long and short positions in firms with high customer concentration. In addition, an increase in short-term institutional …
Authors
Duan R; Larkin Y
Journal
Journal of Empirical Finance, Vol. 81, ,
Publisher
Elsevier
Publication Date
March 2025
DOI
10.1016/j.jempfin.2025.101581
ISSN
0927-5398