Purpose This paper aims to investigate the herding behavior in the French stock market and its effect on the …-sectional absolute deviation (CSAD) model to include trading volume and investors sentiment as herding triggers. Furthermore, the author … uses a modified GARCH model to investigate the effect of herding on conditional volatility. Findings Herding is present in …

Purpose – The purpose of this paper is to provide a review of theory and empirical evidence on herding behavior in … empirical and theoretical research have provided a significant insight on investor herding behavior. Research limitations … evaluate herding that address current limitations. Originality/value – The paper reviews recent empirical evidence and …

susceptibility to information, and information signal strength influence herding in business professionals. Design …/methodology/approach – The paper adopts the Hirshleifer and Hong Teoh (2003) definition of herding as “any behavior similarity … suggesting that signal strength does indeed matter. The paper finds that a weak signal is more likely to produce herding when …

Purpose – The purpose of this paper is to present and empirically test for the first time the hypothesis that herding … herding. Tests are conducted for each market for the period prior to and after its merger into EURONEXT, controlling for a … – Results indicate that, with the exception of Portugal, herding grows in significance, yet declines in momentum post …

to be extended to bank-based systems. A simple model of herding and limits of arbitrage that follows a three …

compare its effects with objective information value. A model including information quality, social comparison, and herding …. Members' herding tendency moderates the effect of opinion comparison orientation on decision usefulness and the effect of …