Salamouris, Ioannis S.; Muradoglu, Yaz Gulnur - In: Managerial Finance 36 (2010) February, pp. 234-256
Purpose – The purpose of this paper is to identify herding behaviour on financial markets and measure the herding behaviour impact on the accuracy of analysts' earnings forecasts. Design/methodology/approach – Two alternative measures of herding behaviour, on analysts' earnings forecasts are...