Do Firm Value and Institutional Investors Affect on Herding Behavior?

This research aims to determine the effect of firm value and institutional investors on herding behavior. The newnes this add an indicator that have never been used for measurement value. existence previous result not conclusive raise empirical gaps population are worthy re-study. is carried out using Book Market Ratio Firm Size. size uses company's ownership, behavior Cross-Sectional Absolute Deviation (CSAD) method. sample in study LQ45. data analysis method was with multiple regression analysis. results show there indication occurrence Herding Behavior LQ45 companies sample. Value do influence Behavior. Keywords: Behavior, Value, Institutional Investors, Companies