The Analysis of Herding Behavior in Mutual Fund Investment

Autor: Yu-Chuan Lai, 賴玉娟
Rok vydání: 2018
Druh dokumentu: 學位論文 ; thesis
Popis: 106
This study investigates the herding effects on mutual fund managers by using the clustering trading as an important explanatory variable. The samples cover the monthly data from January 2013 to December 2017. The results show that there are herding effects on fund managers in Taiwan and this herding behavior is caused by fund net assets, institutional beneficiaries, fund turnover, fund turnover amount and cumulative buyer-seller turnover rate.
Databáze: Networked Digital Library of Theses & Dissertations