This study tests the new Valulytics Equal Weighted Community Bank Index (the Valulyics Index) against the five Fisher tests and the three Lo tests of a valid index. Then, we compare the index with the five best known U. S. bank indexes exploring the effect of market capitalization weighting...

We examine the impact of analyst coverage on corporate tax aggressiveness. To address endogeneity concerns, we perform a difference-in-differences analysis using a setting which causes exogenous decreases in analyst coverage. Our tests identify a negative causal effect of analyst coverage on tax...