English  |  正體中文  |  简体中文  |  Items with full text/Total items : 26987/38787
Visitors : 2216280      Online Users : 32
RC Version 4.0 © Powered By DSPACE, MIT. Enhanced by NTU Library IR team.
Scope Adv. Search
LoginUploadHelpAboutAdminister

Please use this identifier to cite or link to this item: http://ntour.ntou.edu.tw:8080/ir/handle/987654321/52260

Title: Herding of Institutional Investors and Margin Traders on Extreme Market Movements
Authors: Anchor Y. Lin
Yueh-Neng Lin
Contributors: 國立臺灣海洋大學:航運管理學系
Keywords: Herding
Extreme market movements
Foreign investors
Margin traders
Date: 2014
Issue Date: 2019-06-14T07:59:16Z
Publisher: International Review of Economics and Finance
Abstract: Abstract: This paper investigates the herding tendency of foreign and domestic institutional investors and margin traders from different herding perspectives by using daily buy and sell data in Taiwan's stock market. Strong evidence indicates that herding phenomenon is closely associated with market conditions, traders' types and firm characteristics. Trading behaviors of institutional investors and margin traders are affected by their own past trades but their trading patterns change when facing large price drops. Margin traders and institutional investors have the tendency to sell past losers upon large market price declines and buy past winners upon large market price rises.
Relation: 33 pp.186-198
URI: http://ntour.ntou.edu.tw:8080/ir/handle/987654321/52260
Appears in Collections:[航運管理學系] 期刊論文

Files in This Item:

File Description SizeFormat
index.html0KbHTML1View/Open


All items in NTOUR are protected by copyright, with all rights reserved.

 


著作權政策宣告: 本網站之內容為國立臺灣海洋大學所收錄之機構典藏,無償提供學術研究與公眾教育等公益性使用,請合理使用本網站之內容,以尊重著作權人之權益。
網站維護: 海大圖資處 圖書系統組
DSpace Software Copyright © 2002-2004  MIT &  Hewlett-Packard  /   Enhanced by   NTU Library IR team Copyright ©   - Feedback