Write a paper which presents the findings of an academic article and discusses the relevance to individuals, financial markets,

Goal: See the connection between academic finance papers and the “real world”. Assignment: Write a paper which presents the findings of an academic article and discusses the relevance to individuals, financial markets, or the corporate environment. No need to use other outside resources. Just summarize the academic paper.
So in summary, all you have to do is write an “executive summary” of the academic paper. ( the academic paper below) The paper must include the following sections, in this order:
1) Question asked / Issue addressed;
2) Background on question/issue;
3) Theoretical Model;
4) Data Used (where they got the data from);
5) Analytical Framework (talk about empirical results and talk about model in that. the analytical framewrok is using regression analysis. summarize regression models); 6) Summary of Results; 7) Conclusions / Relevance; 8) Assessment of Paper/Review (What do you think about this paper/idea?) The paper must be 10-12 pages long using 11 point Times New Roman font, 1″ margins, and 1.5 line spacing. Reference lists, tables, figures, and pictures do not count toward the page count.