Using the traditional herding measure of Lakonishok, Shleifer and Vishny (1992) (LSV) and the more recent measure of … Frey, Herbst and Walter (2007) (FHW), we assess herding by French equity mutual funds between 1999 and 2005. We show that … LSV herding amounts to 6.5%, while FHW herding is approximately 2.5 times stronger. We find that herding is stronger in …

This paper addresses the traditional Lakonishok, Shleifer and Vishny (LSV) herding measure and points out its lack of … formal explanation of this bias and propose a more appropriate measure of herding. We then turn to the properties of the new … propose a corrected version of their indicator. We also show that the real herding value is within an interval bounded by LSV …

communities in the fields of agriculture, herding and agroforestry. …

This study investigates the influence of background diversity of bank board members on performance and risk. Using data …, education level and type) and find significant impacts on bank performance. On the whole, diversity is in general positively … associated with performance except when it relates to ethnicity. It not only reduces performance per se but also increases risk …

Les fusions-acquisitions suscitent l'intérêt des chercheurs en finance qui tentent de déterminer la performance de ces … revue de la littérature de la performance des fusions-acquisitions afin d'améliorer notre compréhension des résultats des …

Cette recherche traite des représentations sociales de la performance des associations auprès des dirigeants de droit … performance : politique, managériale et administrative qui dépendent, à divers degrés, des sphères qui concourent à la formation …