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Implications of Herding Behavior for Earnings Estimation, Risk Assessment, and Stock Returns
15 references·16 citing·44 second hop
Implications of Herding Behavior for Earnings Estimation, Risk Assessment, and Stock Returns (1996)Implications of Herding Behavior for Earn…Following the Pied Piper: Do Individual Returns Herd around the Market? (1995)Following the Pied Piper: Do …Analyst Forecasting Errors and Their Implications for Security Analysis (1995)Analyst Forecasting Errors an…Advances in Behavioral Finance. (1995)Advances in Behavioral Financ…Behavioral Capital Asset Pricing Theory (1994)Behavioral Capital Asset Pric…Analyst Forecasts and Herding Behavior: (1994)Analyst Forecasts and Herding…The impact of institutional trading on stock prices (1992)The impact of institutional t…Herd on the Street: Informational Inefficiencies in a Market with Short-Term Speculation (1992)Herd on the Street: Informati…Do analysts' earnings forecasts incorporate information in prior stock price changes? (1991)Do analysts' earnings forecas…Predicting Individual Analyst Earnings Forecasts (1990)Predicting Individual Analyst…Judgment and decision making (1990)Judgment and decision makingSurvey evidence on diffusion of interest and information among investors (1989)Survey evidence on diffusion …Herd Behavior and Investment (1988)Herd Behavior and InvestmentThe Hubris Hypothesis of Corporate Takeovers (1986)The Hubris Hypothesis of Corp…Conformity and character. (1955)Conformity and character.Social psychology. (1952)Social psychology.The Impact of Power Distance Belief on Consumers' Brand Preferences (2021)The Impact of Power Distance …Herding Behavior in Emerging and Frontier Stock Markets During Pandemic Influenza Panics (2020)Herding Behavior in Emerging …Herding behavior in Ramadan and financial crises: the case of the Pakistani stock market (2018)Herding behavior in Ramadan a…Analyst Herding and Stock Price Crash Risk: Evidence from China (2016)Analyst Herding and Stock Pri…Herding in financial markets: a review of the literature (2013)Herding in financial markets:…Forecasters’ Objectives and Strategies (2013)Forecasters’ Objectives and S…An Examination of Herd Behavior: An Empirical Evidence from Indian Equity Market (2012)An Examination of Herd Behavi…Toward a Theory of Behavioral Operations (2008)Toward a Theory of Behavioral…An empirical evaluation of analysts’ herding behavior following Regulation Fair Disclosure (2008)An empirical evaluation of an…The Financial/Economic Dichotomy in Social Behavioral Dynamics: The Socionomic Perspective (2007)The Financial/Economic Dichot…Timing and selectivity of mutual fund managers: An empirical test of the behavioral decision-making theory (2006)Timing and selectivity of mut…Bias in European Analysts' Earnings Forecasts (2004)Bias in European Analysts' Ea…Analysis of intraday herding behavior among the sector ETFs (2004)Analysis of intraday herding …Global/Industrial Diversification and Analyst Herding (2003)Global/Industrial Diversifica…Unconscious Herding Behavior as the Psychological Basis of Financial Market Trends and Patterns (2001)Unconscious Herding Behavior …Improving Analysts' Negative Earnings Forecasts (1999)Improving Analysts' Negative …The General Theory of Employment (1937)Network Externalities, Competition, and Compatibility (1985)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)The Limits of Arbitrage (1995)A Unified Theory of Underreaction, Momentum Trading, and Overreaction in Asset Markets (1999)The General Theory of Employment, Interest and Money. 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(1962)A Focus Theory of Normative Conduct: A Theoretical Refinement and Reevaluation of the Role of Norms in Human Behavior (1991)Culture and conformity: A meta-analysis of studies using Asch's (1952b, 1956) line judgment task. (1996)The Authoritarian Personality (2001)Essays in Positive Economics (1954)A Simple Model of Herd Behavior (1992)Contrarian Investment, Extrapolation, and Risk (1994)Risk Taking by Mutual Funds as a Response to Incentives (1997)Judgment under Uncertainty: Heuristics and Biases (1975)Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency (1993)The Categorical Imperative: Securities Analysts and the Illegitimacy Discount (1999)Bad News Travels Slowly: Size, Analyst Coverage, and the Profitability of Momentum Strategies (2000)From Efficient Markets Theory to Behavioral Finance (2003)The Framing of Decisions and the Psychology of Choice (1981)The market for corporate control (1983)Efficient Capital Markets: II (1991)A Survey of Corporate Governance (1997)CEO Overconfidence and Corporate Investment (2005)On the Usefulness of Earnings and Earnings Research: Lessons and Directions from Two Decades of Empirical Research (1989)Capital markets research in accounting (2001)Robust Standard Errors for Panel Regressions with Cross-Sectional Dependence (2007)Herd Behavior in Financial Markets (2000)An empirical analysis of herd behavior in global stock markets (2010)On Being Sane in Insane Places (1973)Culture and systems of thought: Holistic versus analytic cognition. 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this work references cited by second hop

References

  • 1986The Hubris Hypothesis of Corporate Takeovers3,764 cited
  • 1988Herd Behavior and Investment2,815 cited
  • 1992The impact of institutional trading on stock prices2,068 cited
  • 1952Social psychology.1,414 cited
  • 1995Following the Pied Piper: Do Individual Returns Herd around the Market?1,228 cited
  • 1992Herd on the Street: Informational Inefficiencies in a Market with Short-Term Speculation1,124 cited
  • 1994Analyst Forecasts and Herding Behavior:943 cited
  • 1955Conformity and character.849 cited
  • 1995Advances in Behavioral Finance.790 cited
  • 1989Survey evidence on diffusion of interest and information among investors599 cited
  • 1990Judgment and decision making510 cited
  • 1991Do analysts' earnings forecasts incorporate information in prior stock price changes?471 cited
  • 1994Behavioral Capital Asset Pricing Theory465 cited
  • 1995Analyst Forecasting Errors and Their Implications for Security Analysis257 cited
  • 1990Predicting Individual Analyst Earnings Forecasts249 cited

Cited by

  • 2008Toward a Theory of Behavioral Operations

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503 cited
  • 2013Herding in financial markets: a review of the literature327 cited
  • 2004Analysis of intraday herding behavior among the sector ETFs298 cited
  • 2001Unconscious Herding Behavior as the Psychological Basis of Financial Market Trends and Patterns126 cited
  • 2007The Financial/Economic Dichotomy in Social Behavioral Dynamics: The Socionomic Perspective101 cited
  • 2016Analyst Herding and Stock Price Crash Risk: Evidence from China84 cited
  • 2018Herding behavior in Ramadan and financial crises: the case of the Pakistani stock market82 cited
  • 2003Global/Industrial Diversification and Analyst Herding73 cited
  • 2004Bias in European Analysts' Earnings Forecasts58 cited
  • 2012An Examination of Herd Behavior: An Empirical Evidence from Indian Equity Market56 cited
  • 2013Forecasters’ Objectives and Strategies51 cited
  • 1999Improving Analysts' Negative Earnings Forecasts38 cited
  • 2008An empirical evaluation of analysts’ herding behavior following Regulation Fair Disclosure37 cited
  • 2021The Impact of Power Distance Belief on Consumers' Brand Preferences36 cited
  • 2020Herding Behavior in Emerging and Frontier Stock Markets During Pandemic Influenza Panics35 cited
  • 2006Timing and selectivity of mutual fund managers: An empirical test of the behavioral decision-making theory34 cited