Beta Herding in the Covid-19 Era: Evidence from Borsa Istanbul

Özsu, Hilal Hümeyra

doi:10.20409/berj.2021.326

Beta Herding in the Covid-19 Era: Evidence from Borsa Istanbul

Hilal H. ERDOĞAN (Avrasya Üniversitesi, İktisadi ve İdari Bilimler Fakültesi, İşletme Bölümü, Trabzon, Türkiye)

Business and Economics Research Journal

5 0

Yıl: 2021 Cilt: 12 Sayı: 2 Sayfa Aralığı: 359 - 368 Metin Dili: İngilizce DOI: 10.20409/berj.2021.326 İndeks Tarihi: 21-11-2021

Beta Herding in the Covid-19 Era: Evidence from Borsa Istanbul

Öz:

The study aims to examine beta herding in the Covid-19 era in Borsa Istanbul.Herding was analyzed based on the state-space model utilizing cross-sectional volatilityof beta coefficients between January 2010 and November 2020. The results providedevidence of herding in Borsa Istanbul. In case of beta herding, this model provides todetect whether herding is intentional or spurious, as well. Within this context, marketvolatility, market return, size, and value factors of the Fama-French model wereincluded in the analysis. Accordingly, intentional herding was found in Borsa Istanbuland investors tend to herd more, particularly under the global pandemic of Covid-19.

Anahtar Kelime:

Belge Türü: Makale Makale Türü: Araştırma Makalesi Erişim Türü: Erişime Açık

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APA	Özsu H (2021). Beta Herding in the Covid-19 Era: Evidence from Borsa Istanbul. , 359 - 368. 10.20409/berj.2021.326
Chicago	Özsu Hilal Hümeyra Beta Herding in the Covid-19 Era: Evidence from Borsa Istanbul. (2021): 359 - 368. 10.20409/berj.2021.326
MLA	Özsu Hilal Hümeyra Beta Herding in the Covid-19 Era: Evidence from Borsa Istanbul. , 2021, ss.359 - 368. 10.20409/berj.2021.326
AMA	Özsu H Beta Herding in the Covid-19 Era: Evidence from Borsa Istanbul. . 2021; 359 - 368. 10.20409/berj.2021.326
Vancouver	Özsu H Beta Herding in the Covid-19 Era: Evidence from Borsa Istanbul. . 2021; 359 - 368. 10.20409/berj.2021.326
IEEE	Özsu H "Beta Herding in the Covid-19 Era: Evidence from Borsa Istanbul." , ss.359 - 368, 2021. 10.20409/berj.2021.326
ISNAD	Özsu, Hilal Hümeyra. "Beta Herding in the Covid-19 Era: Evidence from Borsa Istanbul". (2021), 359-368. https://doi.org/10.20409/berj.2021.326

APA	Özsu H (2021). Beta Herding in the Covid-19 Era: Evidence from Borsa Istanbul. Business and Economics Research Journal, 12(2), 359 - 368. 10.20409/berj.2021.326
Chicago	Özsu Hilal Hümeyra Beta Herding in the Covid-19 Era: Evidence from Borsa Istanbul. Business and Economics Research Journal 12, no.2 (2021): 359 - 368. 10.20409/berj.2021.326
MLA	Özsu Hilal Hümeyra Beta Herding in the Covid-19 Era: Evidence from Borsa Istanbul. Business and Economics Research Journal, vol.12, no.2, 2021, ss.359 - 368. 10.20409/berj.2021.326
AMA	Özsu H Beta Herding in the Covid-19 Era: Evidence from Borsa Istanbul. Business and Economics Research Journal. 2021; 12(2): 359 - 368. 10.20409/berj.2021.326
Vancouver	Özsu H Beta Herding in the Covid-19 Era: Evidence from Borsa Istanbul. Business and Economics Research Journal. 2021; 12(2): 359 - 368. 10.20409/berj.2021.326
IEEE	Özsu H "Beta Herding in the Covid-19 Era: Evidence from Borsa Istanbul." Business and Economics Research Journal, 12, ss.359 - 368, 2021. 10.20409/berj.2021.326
ISNAD	Özsu, Hilal Hümeyra. "Beta Herding in the Covid-19 Era: Evidence from Borsa Istanbul". Business and Economics Research Journal 12/2 (2021), 359-368. https://doi.org/10.20409/berj.2021.326