Abstract
The main purpose of this study was to test the effect of COVID-19 pandemic on the presence of herding behavior in Amman stock exchange at market-level and at industry-level. This quantitative study covered five years and three months before the COVID-19 pandemic (from January 2015 to March 2020) and eight months during the pandemic (from May to December 2020). The cross-sectional absolute deviation (CSAD) was used to test the presence of herding in the market and in its sectors. Study results suggested that the COVID-19 pandemic has no effect on herding behavior in the Jordanian market at both market-level and industry-level.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
