search query: @journal_id 56 / total: 1032
reference: 4 / 1032
Author: | Voronkova, S. Bohl, M.T. |
Title: | Institutional traders' behavior in an emerging stock market: Empirical evidence on Polish pension fund investors |
Journal: | Journal of Business Finance and Accounting
2005 : SEP/OCT, VOL 32:7-8, p. 1537-1560 |
Index terms: | Emerging markets Stock markets Investment Pension funds Trading Poland |
Language: | eng |
Abstract: | This paper contributes to the literature on institutional herding and feedback trading by analyzing the investment behaviour of pension funds (here as: p-fnds.) on the Polish stock market. The results show that Polish p-fnds. investors are to a greater extent involved in herd-like behaviour pursuing feedback trading strategies more often than their counterparts in mature markets. |
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