INDUSTRY HERDING BEHAVIOR IN BULL AND BEAR MARKETS: EVIDENCE FROM MOROCCO

This paper investigate sherding behavior on the Moroccan Stock Exchange using daily data of listed firms. We follow the methodology of (Chang et al., 2000) to test for the presence of herding behaviour in the context of market level and industry level during rising and falling market. At the market...

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Bibliographic Details
Main Authors: Khalil NAIT BOUZID, Wang HUI, Jiang FUWEI
Format: Article
Language:Arabic
Published: Fatiha REGRAGUI 2020-08-01
Series:Revue Economie, Gestion et Société
Subjects:
Online Access:https://revues.imist.ma/index.php/REGS/article/view/22431