Senarathne, Chamil W. - In: Journal of Capital Markets Studies (JCMS) 3 (2019) 2, pp. 137-156
Purpose - The purpose of this paper is to examine whether Fama-French common risk-factor portfolio investors herd on a daily basis for five developed markets, namely, Europe, Japan, Asia Pacific ex Japan, North America and Globe. Design/methodology/approach - To examine the herd behavior of...