Herding where retail investors dominate trading: The case of Saudi Arabia
We investigate herding in the Saudi stock market, where more than 95% of the total trading is initiatedby the individual investors. Based on readily available stock data, we find evidence of pervasive herdingamong the market participants. Although herding is prevalent irrespective of market conditio...
| Main Authors: | , , |
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| Format: | Journal Article |
| Published: |
Elsevier
2015
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| Subjects: | |
| Online Access: | http://hdl.handle.net/20.500.11937/43749 |