On which herding behavior plays positive or negative role in the market, the parties have different points.
羊群行为对市场起的是积极还是消极作用，各方说法不一。
Except for construction industry, other industries do not exhibit herding behavior in disclosing operating strategy.
除建筑业外，其他行业上市公司的自愿披露并未呈现出“羊群效应”。
Dispersal degree test and cross sectional absolute deviation test are two kinds of methods to test herding behavior on the financial market.
分散度检验法和横截面收益绝对差检验法是检验证券市场中羊群行为的两种方法。
This paper first gives a brief introduction of researches on herding behavior. Then it describes some patterns of herding behavior in financial market.
本文首先对羊群行为作了一个简单的介绍，然后描述了羊群行为在金融市场上的几种模式。
Herd behavior has an impact on present stock return, buy-herding behavior lead to the positive abnormal return, and sell-herding behavior results negative abnormal return.
基金羊群行为对股票当期收益存在显著影响，买入羊群行为使股票出现正超额收益，卖出羊群行为使股票出现负超额收益。
The obvious herding behavior in our securities market results from the institutional defects, and it is the behavior choice of investors in the specific market environment.
羊群行为是一种从众行为，我国证券市场羊群行为如此明显，主要是制度缺陷所导致的，是投资者在现实的特定市场环境下的行为选择。
Further, the paper gives the empirical research on the Herding Behavior of soybean, soybean meal and corn of the China's commodity futures market.
进一步地，本文对我国商品期货市场的大豆、豆粕和玉米三个品种进行羊群行为的实证研究。
Herding Behavior on the financial market is a non-rational action, it can bring negative effect on investors' utility and stabilization on all markets.
金融市场中的羊群行为是一种非理性的行为，对于投资者的效用和整个市场的稳定都产生消极的影响。
Herding Behavior on the financial market is a non-rational action, it can bring negative effect on investors' utility and stabilization on all markets.
金融市场中的羊群行为是一种非理性的行为，对于投资者的效用和整个市场的稳定都产生消极的影响。
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