Investigation of herding behavior in developed and developing countries: Does country governance factor matters?

• Main Authors: Mohd Nasarudin, Ahmad Fawwaz, Noordin, Bany Ariffin Amin, Law, Siong Hook, Yahya, Mohd Hisham
• Format: Conference or Workshop Item
• Language: English
• Published: Universiti Tunku Abdul Rahman, 2017
• Subjects: HG4501 Stocks, investment, speculation
• Online Access: http://irep.iium.edu.my/57831/13/57831_Investigation%20of%20Herding%20Behavior_complete.pdf; http://irep.iium.edu.my/57831/; http://www.mfa.com.my/current-issue/

Although numerous studies have been conducted on herding behaviours, only a limited number has focused on the governance factor that may influence herding activity. This paper examines whether countries’ governance influences herding decisions among investors. Applying the cross-sectional absolu...