1. Caparrelli, F., A., D., & Cassuto, A. (2004). Herding in the Italian Stock Market: A case of Behavioral Finance. Journal of Behavioral Finance , 5,222-230.
2. Chang, E. C., Cheng, J. W., & Khorana, A. (2000). An Examination of Herd Behavior In Equity Markets: An International Perspective. Journal of Banking and Finance , 24(10),1651-1679.
3. Chen, G., Rui, O., & Xu, Y. (2003). When Will Investors Herd?--Evidence from the Chinese Stock Markets. Working Paper, University of Texas, Dallas .
4. Choe, H., Kho, B., & Stulz, R. (1999). Do foreign investors destabilize stock markets? The Korean experience in 1997 . Journal Financial Economics , 54,227-264.
5. Christie, W. G., & Huang, R. D. (1995). Following the pied piper: do individual returns herd around the market? Financial Analysts Journal , 51,31-37.
6. Crutchfield, R. (1955). Conformity and Character. American Psychologist , 5(10),195-198.
7. Demirer, R., & Kutan, A. (2006). Does herding behavior exist in Chinese stock markets? Journal of International Financial Markets, Institutions and Money , 16,123-142.
8. Hirshleifer, D., & Teoh, S. H. (2003). Herd Behaviour and Cascading in Capital Markets: a Review and Synthesis. European Financial Management , 9, 25–66.
9. Hwang, S., & Salmon, M. (2004). Market stress and Herding. Jornal of Empirical Finance , 11,585-616.
10. Kim, K., & Nofsinger, J. (2005). Institutional Herding, Business Groups and Economic Regimes: Evidence from Japan. Journal of Business , 78(1).
11. Kim, W., & Wei, S.-J. (2002). Foreign portfolio investors before and during a crisis. Journal of International Economics , 56(1),77-96.
12. Ko, K., Kim, K., & Cho, S. (2005). Characteristics and performance of institutional and foreign investors in Japanese and Korean stock markets. Journal of Japanese International Economies .
13. Lakonishok, J., Shleifer, A., & Vishny, R. W. (1992). The impact of institutional trading on Stock Prices. Journal Of Financial Economics , 32,23-43.
14. Lakonishok, J., Shleifer, A., & Vishny, R. W. (1992). The impact of institutional trading on Stock Prices. Journal of Financial Economics , 32,23-43.
15. Lakshman, M., Basu, S., & Vaidyanathan, R. (2011). Market Wide Herding and The Impact of Institutional Investorsin the Indian Capital Market. Working Paper 327, Indian Institute of Management, Banglore .
16. Manganaro, A. (2007). Herding Behavior In The Swedish Mutual Fund Industry. Stockholm School Of Economics Master Thesis In Finance .
17. Nofsinger, J. R., & Sias, R. W. (1999). Herding and Feedback Trading by Institutional and Individual Investors. Journal of Finance , 54(6),2263-2295.
18. Olsen, A. (1996). Implications of Herding Behavior for Earnings Estimation, Risk Assessment, and Stock Returns. Financial Analyst Journal , 52,37-41.
19. P., L., & H., S. (2011). Herding Behavior in the Chinese and Indian Stock Markets. Journal of Asian Economics , 22(6),495-528.
20. Scharfstein, D., & Stein, J. (1990). Herd Behaviour and Investment. The American Review , 80(3),465-479.
21. Shefrin, H. (2000). Beyond Greed and Fear : Understanding Behavioral Finance and. Oxford University Press.
22. Sias, R., Starks, L., & Titman, S. (2001). The Price Impact of Institutional Trading. Working Paper, SSRN id 283779 .
23. Tan, L., Chiang, T. C., Mason, J. R., & Nelling, E. (2008). Herding behavior in Chinese stock markets: An examination of A and B shares. Pacific-Basin Finance Journal , 16,61-77.