Cite

1. Arisanti, I., & Asri, M. (2018). Herding behavior of post IPO In Indonesia Stock Exchange. Journal of Accounting and Investment, 19(2). https://doi.org/10.18196/jai.19029810.18196/jai.190298 Search in Google Scholar

2. Baker, M., & Wurgler, J. (2007). Investor sentiment in the stock market. Journal of Economic Perspectives, 21(2), 129–151. https://doi.org/10.1257/jep.21.2.12910.1257/jep.21.2.129 Search in Google Scholar

3. Barber, B. M., & Odean, T. (2013). The behavior of individual investors. Handbook of the economics of finance, 2 (Issue PB). Elsevier B.V. https://doi.org/10.1016/B978-0-44-459406-8.00022-610.1016/B978-0-44-459406-8.00022-6 Search in Google Scholar

4. BenSaïda, A. (2014). Herding behavior and trading volume: Evidence from the American indexes. International Review of Management & Business Research, 705–722. Search in Google Scholar

5. Bikhchandani, S., & Sharma, S. (2001). Herd behavior in financial markets. Herd Behavior, 24(1), 69–72. https://doi.org/10.1111/j.1532-950X.1995.tb01298.x10.1111/j.1532-950X.1995.tb01298.x Search in Google Scholar

6. Boyer, B. H., Kumagai, T., & Yuan, K. (2006). How do crises spread? Evidence from accessible and inaccessible stock indices. Journal of Finance, 61(2), 957–1003. https://doi.org/10.1111/j.1540-6261.2006.00860.x10.1111/j.1540-6261.2006.00860.x Search in Google Scholar

7. Chang, E. C., Cheng, J. W., & Khorana, A. (2000). An examination of herd behavior in equity markets: An international perspective. SSRN Electronic Journal. https://doi.org/10.2139/ssrn.18187210.2139/ssrn.181872 Search in Google Scholar

8. Chen, Y. F., Yang, S. Y., & Lin, F. L. (2012). Foreign institutional industrial herding in Taiwan stock market. Managerial Finance, 38(3), 325–340. https://doi.org/10.1108/0307435121120144210.1108/03074351211201442 Search in Google Scholar

9. Chiang, T. C., & Zheng, D. (2010). An empirical analysis of herd behavior in global stock markets. Journal of Banking and Finance, 34(8), 1911–1921. https://doi.org/10.1016/j.jbankfin.2009.12.01410.1016/j.jbankfin.2009.12.014 Search in Google Scholar

10. Demirer, R., Kutan, A. M., & Chen, C. Da. (2010). Do investors herd in emerging stock markets?: Evidence from the Taiwanese market. Journal of Economic Behavior and Organization, 76(2), 283–295. https://doi.org/10.1016/j.jebo.2010.06.01310.1016/j.jebo.2010.06.013 Search in Google Scholar

11. Devenow, A., & Welch, I. (1996). Rational herding in financial economics. European Economic Review, 40(3–5), 603–615. https://doi.org/10.1016/0014-2921(95)00073-910.1016/0014-2921(95)00073-9 Search in Google Scholar

12. Erdenetsogt, A., & Kallinterakis, V. (2016). Investors’ herding in frontier markets: evidence from Mongolia. In Handbook of frontier markets: The African, European and Asian evidence. (Issue 2013). Elsevier Inc. https://doi.org/10.1016/B978-0-12-803776-8.00012-410.1016/B978-0-12-803776-8.00012-4 Search in Google Scholar

13. Faradynawati, Purba, A. V., & Agung, I. A. (2012). An examination of herd behavior in the Indonesian equity market. International Journal of Economics and Finance, 5(1). https://doi.org/10.5539/ijef.v5n1p23410.5539/ijef.v5n1p234 Search in Google Scholar

14. Gutierrez, R. C., & Kelley, E. K. (2009). Institutional herding and future stock returns. SSRN Electronic Journal. https://doi.org/10.2139/ssrn.110752310.2139/ssrn.1107523 Search in Google Scholar

15. Hirshleifer, D., & Hong Teoh, S. (2003). Herd behaviour and cascading in capital markets: A review and synthesis. European Financial Management, 9(1), 25–66. https://doi.org/10.1111/1468-036X.0020710.1111/1468-036X.00207 Search in Google Scholar

16. Hwang, S., & Salmon, M. (2004). Market stress and herding. Journal of Empirical Finance, 11(4), 585–616. https://doi.org/10.1016/j.jempfin.2004.04.00310.1016/j.jempfin.2004.04.003 Search in Google Scholar

17. Jeon, J. Q., & Moffett, C. M. (2010). Herding by foreign investors and emerging market equity returns: Evidence from Korea. International Review of Economics and Finance, 19(4), 698–710. https://doi.org/10.1016/j.iref.2010.03.00110.1016/j.iref.2010.03.001 Search in Google Scholar

18. Lakonishok, J., Shleifer, A., & Vishny, R. W. (1992). The impact of institutional trading on stock prices. Journal of Financial Economics, 32(1), 23–43. https://doi.org/10.1016/0304-405X(92)90023-Q10.1016/0304-405X(92)90023-Q Search in Google Scholar

19. Luong, L. P., & Ha, D. T. T. (2011). Behavioral factors influencing individual investors’ decision-making and performance: A survey at the Ho Chi Minh Stock Exchange. 115. Search in Google Scholar

20. Nofsinger, J. R., & Sias, R. W. (1999). Herding and feedback trading by institutional and individual investors. The Journal of Finance, 54(6), 2263–2295.10.1111/0022-1082.00188 Search in Google Scholar

21. Odean, T., (1999). Do Investors Trade Too Much? American Economic Review, 89 (5), 1279-1298. DOI: 10.1257/aer.89.5.127910.1257/aer.89.5.1279 Search in Google Scholar

22. Prosad, J. M., Kapoor, S., & Sengupta, J. (2012). An examination of herd behavior: An empirical evidence from Indian equity market. International Journal of Trade, Economics, and Finance, 3(2), 154–157. https://doi.org/10.7763/ijtef.2012.v3.19010.7763/IJTEF.2012.V3.190 Search in Google Scholar

23. Rauf-i-Azam, Imran H., A., & Riaz, L. (2012). Impact of psychological factors on investment decision making mediating by risk perception: A conceptual study. Middle-East Journal of Scientific Research, 12(6), 789–795. https://doi.org/10.5829/idosi.mejsr.2012.12.6.1777 Search in Google Scholar

24. Saastamoinen, J. (2008). Quantile regression analysis of dispersion of stock returns-evidence of herding? Finland: University of Joensuu. Search in Google Scholar

25. Tan, L., Chiang, T. C., Mason, J. R., & Nelling, E. (2008). Herding behavior in Chinese stock markets: An examination of A and B shares. Pacific Basin Finance Journal, 16(1–2), 61–77. https://doi.org/10.1016/j.pacfin.2007.04.00410.1016/j.pacfin.2007.04.004 Search in Google Scholar

26. Tristantyo, R. W., & Arfianto, E. D. (2014). Analisis perilaku herding berdasarkan tipe investor dalam kepemilikan saham. 1–15. Search in Google Scholar

27. Wijayanto, H., Achsani, N. A., Ode, L., Rahman, A., & Gunawan. (2011). Detection of herding behavior on Indonesia and Asia Pacific stock market. Forum Statistika dan Komputasi, 16(2), 16–23. Search in Google Scholar