modify the essay and add more your own opinion. do not cheating and copy. you will need to writeand present a scholarly literature review on a relevant topic in finance. A list of potential topicswill be provided by the instructor. You are not limited to the topics recommended by theinstructor; however, your topic must be approved by the instructor before you begin.The paper should reference scholarly research on the selected topic of your choice. You mayuse online and other non-peer-reviewed resources if necessary; however, at least 10 referencesmust come from peer-reviewed journal articles. Major journals in finance include Journal ofFinance, Review of Financial Studies, Journal of Financial Economics, Journal of Financialand Quantitative Analysis, Journal and Banking and Finance, Financial Analysts Journal,Financial Management, and Journal of Corporate Finance, among many others. Onlineresources such as Google Scholar and those provided through the University library willprovide you with access to many of these articles. The completed research paper should be atleast 15 pages in length, not including the references, and be typed using 12-point, doublespaced font.It is up to you to decide the exact structure of the research paper; however, it should contain anabstract and a conclusion. The structure of the body of the paper is up to you, but the papershould cover the following topics:1. Abstract: An abstract should include a brief summary of the theories you discuss, thecurrent status of the empirical literature on the subject, and the potential avenues for futureresearch. The abstract should be limited to approximately one page, double-spaced.2. Review of major theories: You should outline the major relevant theories in the literatureregarding your topic. If you wish, you may devote subsections to eachcompeting/complementary theory. For each theory, you should be sure to discuss theassumptions (if any), outline the theoretical model, and discuss the model’s implications.You may also discuss how to test each theory and what empirical evidence would beconsidered supporting or rejecting each theory. You should be sure to properly cite alltheories and empirical research, as well as any direct quotes from other sources.3. Summary of the major empirical findings: You should also outline the major empiricalfindings that test the theories you outline in the paper. Each theory will have its ownempirical predictions, testing samples, and testing methodologies, and the same theory isoften tested in many different ways. You should review the major empirical literature anddiscuss how each theory is tested empirically, report the findings of major research, anddiscuss the implications of the research for the current validity of the underlying theories.Again, you should be sure to cite all the relevant articles to which you reference.4. Future Research Prospects: As a final analysis of your literature review, you shouldattempt to describe how researchers may add to the literature in the future through boththeoretical and empirical developments. Based on your analysis of the current status of thetheoretical and empirical literature, you should summarize what you think are the mostrelevant ways to expand current literature in order to gain further insight on an issue infinance. Even if the research avenue you suggest is not possible at this time, due to dataavailability, or any other reasons, you may still discuss how the issue may be tested andwhy it would add to the literature on the issue. If possible, discuss any empirical testingstrategies you might employ and present and interpret the hypotheses that such a strategywould test.5. Conclusion: In the conclusion, you should again briefly summarize the theories youidentify and discuss in the paper, the status of the related empirical evidence on the topic,and what avenues you identify for future research on the topic.6. References: You should include a references section at the end of the paper with completereferences to the works of others to which you have referred in the paper. In the referencessection, be sure to include all relevant information, such as the author’s name, year ofpublication, title of article, publishing journal, and journal volume and page number. ForExample:Hippler, W.J., and Hassan, M.K. 2015. The Impact of Macroeconomic and Financial Stresson the U.S. Financial Sector. Journal of Financial Stability 21. 61 – 80.Be sure to also cite references in the text as well using the author’s last name and the yearof publication. For example, “Hippler (2016) outlines a theoretical model…”. Also includethe page number if you are using a direct quote.As a final fulfillment of the research component of this course, you should prepare apresentation of your research paper for presentation on the last day of class. You should designa PowerPoint presentation that summarizes what you report in the paper. The

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