Browsing by Author "Ekinci, Cumhur"
Authors:Dalgıç, Nihan; Ekinci, Cumhur; Ersan, Oğuz
Publisher and Date:(Routledge Journals, Taylor & Francis Ltd, 2019)This paper aims to explore the daily and intraday herd behavior of various investor groups trading in an emerging equity market, Borsa Istanbul (BIST). We analyze a one-year tick-by-tick order and trade data of BIST 100 Index stocks and document differences in herding behavior of investor groups considering market capitalization, market conditions, and announcements as well as daily and intraday periodicities. We find that nonprofessional investors (brokerage houses and domestic funds) tend to ...