Keywords: Turn-of-the-month
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Journal Articles
Managerial Finance (2025) 51 (6): 916–926.
Published: 31 December 2024
...Satish Kumar; Rajesh Pathak Purpose We investigate how the COVID-19 pandemic affected the efficiency of exchange rate, stock and cryptocurrency returns by analyzing a well-known calendar anomaly, the turn-of-the-month (TOM) effect. Design/methodology/approach We define the TOM days...

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