Indonesia Conference Directory


<< Back

ADAKAH PERILAKU HERDING PADA KONDISI BEARISH DAN BULLISH PADA PASAR SAHAM INDONESIA ?
Mukti Trio Putra; Fitri Santi

Universitas Bengkulu


Abstract

This research aims to detect the indication of herding behavior in Indonesian Stock Market during bearish and bullish market conditions. We use Cross-Sectional Absolute Deviation (CSAD) regression method to detect the indication of herding behavior, where the dependent variable is absolute deviation of market return and the independent variables are absolute market return and squared market return. We also use quantille regression to detect herding behavior during bullish and bearish market conditions. We use daily return data of 34 firms included in LQ-45 Index during the period of 2 January 2015 – 29 December 2017. Our regression research show that no herding behavior in our sample data and no herding behavior during both bearish and bullish market conditions.

Keywords: herding behavior, Cross-Sectional Absolute Deviation (CSAD), bearish market , bullish market.

Topic: Manajemen Keuangan

Link: https://ifory.id/abstract/KaczFPp4EBdg

Conference: Forum Manajemen Indonesia 11 Samarinda (FMI 2019)

Plain Format | Corresponding Author (Fitri Santi)

Featured Events

<< Swipe >>
<< Swipe >>

Embed Logo

If your conference is listed in our system, please put our logo somewhere in your website. Simply copy-paste the HTML code below to your website (ask your web admin):

<a target="_blank" href="https://ifory.id"><img src="https://ifory.id/ifory.png" title="Ifory - Indonesia Conference Directory" width="150" height="" border="0"></a>

Site Stats