Do Investors Herd: Evidence from an Emerging Market

Employing stock price data from a developing market, we examine whether investors’ trading patterns are characterized as herd behavior at the market and industry levels. Unlike results for some developing markets, linear models of herd behavior find no evidence of herd formation, in any of the sect...

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Bibliographic Details
Main Authors: Safi Ullah Khan, Muhammad Faisal Rizwan
Format: Article
Language:English
Published: Lahore School of Economics 2018-05-01
Series:The Lahore Journal of Business
Subjects:
Online Access:https://journals.lahoreschool.edu.pk/LJB/LJB/article/view/64