Title :
Empirical study herd behavior of corporation financing in China’s listed firm
Author :
Huang Bing-yi ; Li Hui-hong
Author_Institution :
Center for Accounting Studies, Xiamen Univ., Xiamen
Abstract :
There are so many factors effecting the financing decision of the listed firm. Using the result of behavior finance research about herd behavior in stock market, this paper firstly constructs the herd behavior index of the financing decision of the listed firm, and then studies herd behavior of corporation financing in Chinapsilas listed firms empirically with the methods of panel data model and quantile regression.
Keywords :
investment; organisational aspects; regression analysis; Chinapsilas listed firm; behavior finance research; corporation financing; herd behavior; panel data model; quantile regression; stock market; Cognition; Conference management; Data models; Decision theory; Engineering management; Finance; Financial management; Investments; Risk management; Stock markets; herd behavior; listed firms; panel data model; quantile regression;
Conference_Titel :
Management Science and Engineering, 2008. ICMSE 2008. 15th Annual Conference Proceedings., International Conference on
Conference_Location :
Long Beach, CA
Print_ISBN :
978-1-4244-2387-3
Electronic_ISBN :
978-1-4244-2388-0
DOI :
10.1109/ICMSE.2008.4669052
