This study analyzes the effects of the gender (employee-) tenure gap (GTG) on firm value and stock returns. We empirically find that firms with a low GTG earn higher risk-adjusted returns than firms with a high GTG. This is because the former has a competitive advantage in generating higher...

We provide evidence that the online discussion on the WSB subreddit had a substantial negative impact on the profitability of shorting strategies across a number of stocks -- even those that were neither heavily discussed on the subreddit, nor experienced an unusual increase in retail buying...