الفهرس 
Chapter One IntroductionOnly 14 pages are availabe for public view
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Abstract
Purpose: The research aims to investigate whether herding behavior exists, in addition to detect if investor sentiment is a possible cause of herding behavior in the Egyptian stock market.
Design/Methodology/Approach: The researcher uses quantile regression as a robust methodology to detect herding behavior and investigate investor sentiment’s effect on herding behavior. The data frequency is daily to capture herding behavior as Herding occurs within very short horizons during trading sessions. The research sample consisted of 22 companies listed in EGX30 index within the period from January 1st, 2017, to December 31th, 2020.
Findings: The research provides a strong significant evidence of adverse herding behavior in the Egyptian stock market. However, there is no significant effect of investor sentiment on herding behavior. Consequently, investors’ sentiment is not the main driver of reverse herding in the Egyptian stock market.