Herding behaviour in the capital market: What do we know and what is next?
Herding behaviour in the financial market has been popular as a theoretical concept since the 1990s. Many articles have studied and discussed herding behaviour in the capital market, but research examining the causes or factors that trigger herding behaviour is minimal. The research themes are relat...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
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Institute for Ionics
2022
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| Online Access: | https://repository.ugm.ac.id/278858/1/Herding-behaviour-in-the-capital-market-What-do-we-know-and-what-is-nextManagement-Review-Quarterly.pdf |
| _version_ | 1797037373022797824 |
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| author | Komalasari, Puput Tri Asri, Marwan Purwanto, Bernardinus M. Setiyono, Bowo |
| author_facet | Komalasari, Puput Tri Asri, Marwan Purwanto, Bernardinus M. Setiyono, Bowo |
| author_sort | Komalasari, Puput Tri |
| collection | UGM |
| description | Herding behaviour in the financial market has been popular as a theoretical concept since the 1990s. Many articles have studied and discussed herding behaviour in the capital market, but research examining the causes or factors that trigger herding behaviour is minimal. The research themes are relatively underdeveloped because the majority of empirical research still struggles to answer the question of whether herding behaviour is found in the capital market or not. It has impeded our understanding and the development of a comprehensive theoretical framework of herding behaviour. The purpose of this paper is to conduct a bibliometric analysis and systematic literature review to provide an overview of the research findings, analyse the research profile, and guide the researcher to the most influential works and results related to herding behaviour. Based on 279 articles taken from the Scopus database, we mapped the co-occurrence of research through keywords analysis. This paper's main contribution is to build a structure of knowledge for herding behaviour in the capital market, elaborate and classify empirical research into relevant dimensions that can be used as a reference for comprehensively developing herding behaviour research. Finally, this systematic literature review's results may provide insight into future research prospects about herding behaviour. |
| first_indexed | 2024-03-14T00:02:21Z |
| format | Article |
| id | oai:generic.eprints.org:278858 |
| institution | Universiti Gadjah Mada |
| language | English |
| last_indexed | 2024-03-14T00:02:21Z |
| publishDate | 2022 |
| publisher | Institute for Ionics |
| record_format | dspace |
| spelling | oai:generic.eprints.org:2788582023-10-17T08:32:55Z https://repository.ugm.ac.id/278858/ Herding behaviour in the capital market: What do we know and what is next? Komalasari, Puput Tri Asri, Marwan Purwanto, Bernardinus M. Setiyono, Bowo Economics and Business Economics Herding behaviour in the financial market has been popular as a theoretical concept since the 1990s. Many articles have studied and discussed herding behaviour in the capital market, but research examining the causes or factors that trigger herding behaviour is minimal. The research themes are relatively underdeveloped because the majority of empirical research still struggles to answer the question of whether herding behaviour is found in the capital market or not. It has impeded our understanding and the development of a comprehensive theoretical framework of herding behaviour. The purpose of this paper is to conduct a bibliometric analysis and systematic literature review to provide an overview of the research findings, analyse the research profile, and guide the researcher to the most influential works and results related to herding behaviour. Based on 279 articles taken from the Scopus database, we mapped the co-occurrence of research through keywords analysis. This paper's main contribution is to build a structure of knowledge for herding behaviour in the capital market, elaborate and classify empirical research into relevant dimensions that can be used as a reference for comprehensively developing herding behaviour research. Finally, this systematic literature review's results may provide insight into future research prospects about herding behaviour. Institute for Ionics 2022-09 Article PeerReviewed application/pdf en https://repository.ugm.ac.id/278858/1/Herding-behaviour-in-the-capital-market-What-do-we-know-and-what-is-nextManagement-Review-Quarterly.pdf Komalasari, Puput Tri and Asri, Marwan and Purwanto, Bernardinus M. and Setiyono, Bowo (2022) Herding behaviour in the capital market: What do we know and what is next? Management Review Quarterly, 72 (3). pp. 745-787. ISSN 21981620 https://link.springer.com/article/10.1007/s11301-021-00212-1 https://doi.org/10.1007/s11301-021-00212-1 |
| spellingShingle | Economics and Business Economics Komalasari, Puput Tri Asri, Marwan Purwanto, Bernardinus M. Setiyono, Bowo Herding behaviour in the capital market: What do we know and what is next? |
| title | Herding behaviour in the capital market: What do we know
and what is next? |
| title_full | Herding behaviour in the capital market: What do we know
and what is next? |
| title_fullStr | Herding behaviour in the capital market: What do we know
and what is next? |
| title_full_unstemmed | Herding behaviour in the capital market: What do we know
and what is next? |
| title_short | Herding behaviour in the capital market: What do we know
and what is next? |
| title_sort | herding behaviour in the capital market what do we know and what is next |
| topic | Economics and Business Economics |
| url | https://repository.ugm.ac.id/278858/1/Herding-behaviour-in-the-capital-market-What-do-we-know-and-what-is-nextManagement-Review-Quarterly.pdf |
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