Going with the flow: An empirical study on the industry and market level herding in the Philippine stock market from 2007-2016

This paper investigates whether significant herding behavior is present in the Philippine Stock Exchange (PSE) on both the market and sector level, as well as during upward and downward market conditions. In contrast to the theories of traditional finance which assume rationality of individuals, inv...

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Bibliographic Details
Main Authors: Cabual, Paul C., Lim, Eldrick Sheldon L., Tan, Miriam D., Yang, Kyle Russell M.
Format: text
Language:English
Published: Animo Repository 2017
Subjects:
Online Access:https://animorepository.dlsu.edu.ph/etd_honors/388
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Institution: De La Salle University
Language: English