Depenchuk, Iryna O.; Compton, William S.; Kunkel, Robert A. - In: Managerial Finance 36 (2010) June, pp. 502-510
Purpose – This study aims to examine the market returns of the Ukrainian stock and bond markets to determine whether they exhibit calendar anomalies including the January effect, weekend effect, and turn-of-the-month (TOM) effect. Ukraine provides an opportunity to examine the efficiency of an...