Messis, Petros; Zapranis, Achilleas - In: Journal of Risk Finance 15 (2014), pp. 572-590
-2010 period and examine its effects on market volatility. Design/methodology/approach -Herding is examined over portfolios formed … Salmon (2004). Four volatility measures are employed. Findings -The findings depict the presence of herding over two … confirm a linear effect of herding on all volatility measures considered. Stocks exhibiting higher levels of herding or …