This paper presents a comparative analysis of three American (Enron, WorldCom and HealthSouth) and three European (Parmalat, Royal Ahold and Vivendi Universal) corporate failures. The first part of the analysis is based on a theoretical framework including six areas of ethical climate; tone at the top; bubble economy and market pressure; fraudulent financial reporting; accountability, control, auditing, and governance; and management compensation. The second and third parts consider the analysis of these cases from fraud perspective and in terms of firm-specific characteristics (ownership structure) and environmental context (coverage in media and academic literature, regulatory and corporate governance frameworks). The research analyses shed light on the fact that, despite major differences between Europe and U.S. in terms of political institutions, laws and regulations as well as managerial practices, there are significant similarities between six groups. The analysis also demonstrates that, the ethical dilemma has been coupled with ineffective boards, inefficient corporate governance and control mechanisms, distorted incentive schemes, accounting irregularities, failure of auditors, dominant CEOs, dysfunctional management behavior and the lack of a sound ethical tone at the top. Significant similarities were also observed in the analysis from the fraud triangle perspective. However, there are several major differences between the six corporate failure cases particularly with regard to ownership structure, coverage in media, and legal, regulatory and governance frameworks. This research study may have several academic and practical contributions, particularly because of multidisciplinary, international features, and comparative analyses used in the paper.
Now, after you have some clues on how to write a comparative analysis essay, you can start writing your outline and then the first draft. The essay should be comparatively short, but very substantial, i.e. to include a well-proved thesis and relevant arguments and examples. This is the key to the good essay.
Perhaps you have been assigned a comparative essay in class, or need to write a comprehensive comparative report for work. In order to write a stellar comparative essay, you have to start off by picking two subjects that have enough similarities and differences to be compared in a meaningful way, such as two sports teams or two systems of government. Once you have that, then you have to find at least two or three points of comparison and use research, facts, and well-organized paragraphs to impress and captivate your readers. Writing the comparative essay is an important skill that you will use many times throughout your scholastic career.
Writing a comparative analysis essay has its special characteristics. It should be clear that this type of essay is different from the . The latter involves contrasting two things in order to show their differences.
How to Write a Comparative Analysis Essay
A comparison essay invariably includes two events, or facts, or phenomena, and so forth, which are compared to each other. The main goal of this type of essay is to show the mutual connections between both things, demonstrate their similarities and differences. Moreover, analysis is such a method which requires a dissection, or putting stress on the details. Thus, in your comparative analysis essay you have to list and define a few main features of the given facts/events/phenomena. This essay should point to a certain conclusion, so it must have a thesis.
Best Tips for Writing Comparative Analysis
Comparative Market Analysis Definition | Investopedia