Essays about: "herding persistency"

Found 1 essay containing the words herding persistency.

  1. 1. Does herding among Swedish institutional investors stabilize or destabilize stock prices?

    University essay from Uppsala universitet/Företagsekonomiska institutionen

    Author : Martin Frosteby; Silviu Iliesiu; [2016]
    Keywords : herding; herding persistency; institutional investors; asset pricing;

    Abstract : Empirical findings on herding behavior among institutional investors suggest that those market participants speed up the price adjustment to new information and as such stabilize stock prices. Other findings indicate the opposite, that institutional herds drive stock prices away from fundamental values, and thus destabilize stock prices. READ MORE