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

被引：24

作者：

Lakshman, M., V ^{[1
]}

Basu, Sankarshan ^{[2
]}

Vaidyanathan, R. ^{[2
]}

机构：

[1] Adm Staff Coll India, Hyderabad, India

[2] Indian Inst Management, Finance & Control, Bangalore, Karnataka, India

来源：

JOURNAL OF EMERGING MARKET FINANCE | 2013年 / 12卷 / 02期

关键词：

Herding; market return; market volatility; institutional investors; foreign institutional investors;

D O I：

10.1177/0972652713494046

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

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.

引用

页码：197 / 237

页数：41

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