The aim of this study was to analyze the herding behavior of investors in new markets of financing in the capital market of Iran (Sukuk Murabahah) in the period 1390-1394 using daily data and applying models in the Iranian capital market. The research was conducted by using correlation method and regression analysis. The results showed the absence of herding behavior among investors of Sukuk Murabahah in the studied period. The results also showed that investors in this market have not shown herding behavior in the periods of stress.
Zahra Takbiri and Mahdi Fadaee. The Herding Behavior of Investors in the New Financial Markets in
Iran (Case Study Sukuk Murabahah).
DOI: https://doi.org/10.36478/ibm.2016.6816.6822
URL: https://www.makhillpublications.co/view-article/1993-5250/ibm.2016.6816.6822