Market-wide herding and the impact of institutional investors in the Indian capital market
Document Type
Article
Publication Title
Journal of Emerging Market Finance
Abstract
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.
Publication Date
1-4-2013
Publisher
Sage Publications Ltd.
Volume
Vol.12
Issue
Iss.2
Recommended Citation
Lakshman, M V; Basu, Sankarshan; and Vaidyanathan, R, "Market-wide herding and the impact of institutional investors in the Indian capital market" (2013). Faculty Publications. 1692.
https://research.iimb.ac.in/fac_pubs/1692