Herding behavior and information effect of firm's ownership

• Main Authors: Mohd Nasarudin, Ahmad Fawwaz, Hanijito, Agus, Amin Noordin, Bany Ariffin, Matemilola, B. T.
• Format: Article
• Language: English
• Published: The Empirical Economics Letters 2017
• Subjects: HG4501 Stocks, investment, speculation
• Online Access: http://irep.iium.edu.my/58165/1/58165_HERDING%20BEHAVIOR.pdf; http://irep.iium.edu.my/58165/; http://www.eel.my100megs.com/volume-16-number-5.htm

Following study on macro information on investor’s herding decision by Galariotis et al. (2014), this study question the importance of information dissemination at firm’s level 0n investor’s herding decision. By categorizing firms according to family and non-family ownership, the cross sectional abs...