Herd Behavior in Venture Capital Market: Evidence from China

This paper aims to empirically analyze the herd behavior in the VC market in the context of China, including the existence, causes and consequences of herding among venture capitalists. For our empirical analysis, we first construct a herding measure and confirm the existence of herd behavior in the...

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Bibliographic Details
Main Authors: Ruijun Zhang, Xiaotong Yang, Nian Li, Muhammad Asif Khan
Format: Article
Language:English
Published: MDPI AG 2021-06-01
Series:Mathematics
Subjects:
Online Access:https://www.mdpi.com/2227-7390/9/13/1509