Market-wide Herding and the Impact of Institutional Investors in the Indian Capital Market

Autor:	Lakshman Vijay Muddu, Sankarshan Basu, Ranji Vaidyanathan
Rok vydání:	2013
Předmět:	Economics and Econometrics Institutional investor Economics Financial system Market return Herding Business Monetary economics Volatility (finance) Capital market Finance
Zdroj:	Journal of Emerging Market Finance. 12:197-237
ISSN:	0973-0710 0972-6527
DOI:	10.1177/0972652713494046
Popis:	The article tries to identify the presence of ‘market-wide herding’ in the Indian capital market and whether institutional investors impact such herding. In particular, the article looks at the impact of Foreign Institutional Investors flows as well as mutual funds on herding. The work also looks at the the impact of index return and volatility on herding. JEL Classification: G140, G180, C580, G120
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_dedup___::f369b5611ec4d579182dd812805642bc https://doi.org/10.1177/0972652713494046 Zobrazit plný text záznamu