Economic Value Added Model - 1584 Words

Nà RODNà  BANKA SLOVENSKA USING OF THE ECONOMIC VALUE ADDED MODEL FOR VALUATION OF A COMPANY Doc. Ing. Eva Kislingerovà ¡, CSc. Prague University of Economics Introduction There is possibility to use, with respect to the object of valuation, several methods for valuation of a company in practice. One of the most important and highly used group of methods are yield methods. They are usually called Discounted Cash Flows (DCF) methods. Value of a company is derived from present value of future incomes connected with the ownership of a company. The core of these models is working with time value of future incomes investor gets in case of realization of an investment. There are several possibilities to work with future incomes in DCF†¦show more content†¦This is a basic idea of new measure – EVA. It was first published by Shawn Tully in the Fortune magazine in an article „The Real Key to Creating Wealthâ€Å". The broad publicity and success of EVA is result of work of a consulting company Stern Stewart management Services. 38 BIATEC, roà £nà ­k 8, 11/2000 Nà RODNà  BANKA SLOVENSKA Figure 1 Definition of Weighted Average Cost of Capital (WACC) Interest for external capital provided re Risk-free rate rf ÃŽ ² Stock beta re = rf + ÃŽ ²(rm – rf) (rm – rf) Risk market premium RMP (E = Equity) vide value of equity by number of shares we get value of a share, too. Sample Entering data: set the value of ALFA, Ltd. to the Dec. 31, 1998 if you know following data: a) Information from the balance sheet: Debt (D) Equity (E) Long Term Invested Capital (C) 55 mil. Kà £ ⇒ D/C = 0.29 134 mil. Kà £ ⇒ E/C = 0.71 189 mil. Kà £ ⇒ ÃŽ £ = 1.00 15 % 35 % 15(1 – 0.35) = 9.75 % b) After – Tax Debt Cost Income Tax Rate t D = Debt Cost of External Capital rd Income Tax Rate (t)x100 Effective Cost of Debt rd c) Cost of Internal Capital Weighted Average Cost of Capital D E WACC = rd(1 – t) –– + re –– C C Cost of Internal Capital re (CAPM2 model) 18.,42% = 10.5 + (1.1 xShow MoreRelatedThe Product Of Apple Inc.1550 Words   |  7 PagesMarket Value Added – (MVA) A calculation that shows how much the shareholders value has been added within the company as its calculated by having the difference between the market value of the company and the capital contributed by the shareholders within the company. As it does have a great company role on showing how the company has used the investment capital since when the company started to the present, and that data can be used for future prediction of the company. 4. Economic Value Added- (EVA)Read MoreMeasuring and Controling Value Created in Endesa604 Words   |  3 Pagesbusiness strategy. In what primary economic activity is ENDESA engaged? (HINT: the primary economic activity is not the generation and sale of electricity or related activities). Why is it necessary to understand the strategy and primary economic activity in order to manage ENDESA ¡Ã‚ ¦s financial activities? Managers should ensure that selected performance measurement system fits the unique requirements and business strategy of the firm. In general, primary economic activity of the company and itsRead MoreA Report on a Case Study on Measuring Intangible Assets an Indian Experience2439 Words   |  10 Pagesasset (tangible or intangible) is indeed a commodity one can count on, literally, to improve the performance of the company and help generate profits. No company can own either of the critical assets, neither the employees nor the customers. The value they provide to the company is only temporary and cannot be considered a measurable asset unless it is captured and converted into something the company can own - any new knowledge or skill that can be reused or applied in other areas, be it a newRead MoreFedex Corp. vs United Parcel Service, Inc Case Study2188 Words   |  9 Pagesachieved Excellence in business. Our analysis concludes that between the two companies, UPS can be considered as excellent both for its good performance in the decade and for its good perspectives for the future. II. FedEx vs. UPS: The Battle for Value II. 1 The Effects of J.C. Penneys Announcement on FedEx from an Investors Point of View The decision of J.C. Penney to award the $ 1 billion 5 year contract to UPS was clearly the best choice for the company. In 1992, when J.C. Penney wentRead MoreMba 640 Managerial Economics1427 Words   |  6 PagesMBA 640 (Summer IS 2010) MANAGERIAL ECONOMICS EXAM #1 STUDENT NAME: Exam is open book and open material. 1. Explain the interaction of Managerial Economics with other business disciplines, giving specific examples. Managerial economics has been defined by conventional theorists as a science that is all about how people make choices After you’ve defined managerial economics and it’s relationship to its economic theory. Managerial economics will interact with each of these business’sRead MoreRatio Analysis On Market Value777 Words   |  4 Pagesanalysis on Market value The market value of a leased vehicle is normally lower than the residual value. The residual value of a leased vehicle is adjusted downward towards carrying the value during the lease end that approximates the estimated end of term market value. During the quarterly periods, TMCC reviews the estimated end of term market values of a leased vehicle to assess the aptness of carrying the values. Thus, the factors affecting the estimated end of term market value is somewhat similarRead MoreOptimization Of Solvent Assisted Sagd Using Hybrid Optimization Algorithms1504 Words   |  7 Pagesreservoir and lost in terms of economics. The smaller the cost, the better are the economics of the process. Most of the studies carried out in the Petroleum World are based on optimizing few design parameters, but in this study we would be discussing the optimization of operating parameters. For our study, we have considered a base model of SAGD process from CMG Stars sample models (STFLU57.dat) and have modified the reservoir model to a 330 gridblock model. This base model did not have any solvent inRead MoreOutsourcing Or Off Shore Key Business Operations1623 Words   |  7 PagesAbstract The decision to outsource or off-shore key business operations, in an effort to maximize integral value-chain activity (Sanders, 2009), weighs heavily on any American company as it grows and progresses through an archetypal life cycle. Leadership must consider whether the value of current employees and status-quo operations is advantageous to saving labor costs and hiring outside the company. While discounting current human capital within a company may save labor costs by outsourcing orRead MoreAir Pollution1241 Words   |  5 Pagesidentified by a six-digit industry code from the North American Industry Classification System (NAICS). In total, there are about 840 NAICS industries included. To account for transferred values of goods and services through trade, we employ Input-Output Accounts (make and use tables) data from the US Bureau of Economic Analysis (BEA). An input-output (IO) table for the year 2002 is constructed using make and use tables from the BEA. When this study is carried out, only the 2002 marginal emission dataRead MoreEnvironmental And Social Impacts Of New And Remanufactured Diesel Engines1168 Words   |  5 Pages In the manufacturing process, scrap, lubrication oil, coating materials and painting are not considered. In the driving process, it is assumed that 100% of fuel consumed by the vehicle is assigned to the engine due to the availability of data to model the relationship between the weight of the vehicle and fuel consumption. Material transportation and end of life treatment of the engine are not considered due data availability. For the remanufactured engine, only cylinder block, crankshaft, connection

History of China and Japan in the XIX Century - 1901 Words

1. British Merchants were trading opium for chinese tea that was very popular in Britain. But when people in China started getting addicted to opium, they needed more and more. Because of this, it meant losing so much money in trade, which affected their economy. Chinese government officials outlawed opium, executed drug dealers in China, and asked Britain to stop with the trade. But it was helping Britain economically and they insisted that it was the right of free trade. This refusal to eliminate it later led to the Opium War. 2. Lin Zexu argument versus British merchants ideas on importing opium were very different. Seeing how people were becoming addicted to opium and how it was negatively affecting Chinas economy, Lin Zexu, a Chinese government official strongly supported her asking for Britain to prohibit opium trade. In the letter she wrote, she explained how it is a very dangerous drug that was prohibited in Britain and that they should not allow it to be transferred to other countries when they themselves are not allowing it in their own. On the other hand, Britain’s economy was going up, they were gaining money from China and were happy about the increase in power in their country. So when they were asked by China’s government officials to ban it, they were not in to lose profit or the power they had gained. They then used the idea of it being the right of free trade to justify their actions. 3. The Qing Dynasty wasn’t doing well and was getting worseShow MoreRelatedEssay on Imperialism and Colonialism2505 Words   |  11 Pagestime when developed nations were colonizing less developed nations around the 1870s, the age of Imperialism began. Referring to the time were nations such as the United States, Germany, and Japan began to employ imperialist doctrines to their governance, yet imperialist tendencies had been around for centuries. Even before imperialism there was mercantilism, and colonialism, which consisted of an extension of a nations sovereignty over territory and people outside its own boundaries, to facilitateRead MoreWhy Was China Such an Advanced Society for So Long? Essay1934 Words   |  8 PagesWhy Was China Such an Advanced Society for So Long? Throughout history, China has been the center of many developments allowing for it to establish itself as an advanced society, one that has lasted through a number of dynastic cycles, an attempt towards the creation of a Republic, and still existing, People’s Republic of China, under the rule of China’s Communist party. 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The Beginnings : Sexual hospitality and sacred prostitution It is not so sure that prostitution is the oldest trade in the world; the Europeans admitted to it during theRead MoreApush - American History: a Survey Chapter 1 Outline Essay3138 Words   |  13 Pagespueblos. * Most tribes were agricultural. * Historians disagree with each other mainly because they interpret the events that occurred in the past differently. * Events in the present can influence how a historian analyzes history. * There is no truth; history is based on different interpretations of events. * In the Northeastern tribes, land was exploited quickly and then left-man tribes were linked by linguistic roots-different language groups were: the Algonquin tribes, the IroquoisRead MoreArt History Study Guide3003 Words   |  13 PagesAthanadoros] Laocoon and His Sons * S Chapter 10 China * 6 Dynasties (220-579) * Gu Kaizhi – Imperial Instructress to Court Ladies * Wang Xizhi –Letter Feng Ju album * Song (960-1279) * Fan Kuan –Travelers Among Mtns and Streams * Xia -12 Views from a Thatched Hut * Xu Daoning –Fishing in a Mtn Stream * Zhang Zeduan –Spring Festival on the River * S Chapter 11 Japan * Asuka (552-646) * Tori Busshi –ShakaRead MoreInternational Management67196 Words   |  269 Pagesbook to emphasize these trends as they pertain to today’s and tomorrow’s international managers. For example, we continue to increase emphasis on emerging markets and the importance of now recognized global leaders such as Brazil, Russia, India, and China—the so-called â€Å"BRIC† economies—as well as the â€Å"second wave† emerging markets, such as Indonesia, Vietnam, and other countries in Africa, Asia, Central and Eastern Europe, Latin America, and the Middle East. We have also included the most current insightsRead MoreInternational Business Study Guide7932 Words   |  32 Pagesthe new power of individual entrepreneurship E. - Global fiber-optic network allows individuals to connect seamlessly (call centers, radiologists, accountants, reservations) X. What are questions facing American citizens in the twenty-first century? A. What does it mean to be â€Å"American† in the age of globalization? B. - Should U.S. jobs be protected over those in other countries? C. - Should U.S. companies receive benefits that foreign companies do not? D. - Should consumersRead MoreInfluence of Immigration on the American Culture and Language14362 Words   |  58 PagesUSA†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 3. . The Importance of Religious Beliefs: â€Å"One Nation under God † †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ Chapter II The Nation of Immigrants†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 2.1. American beliefs and values†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 2.2. The Process of Americanization in American History†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..... 2.3. 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Why Did Prohibition Last so Long free essay sample

Prohibition of Alcohol in America was introduced in 1920 with the 18th amendment of the constitution and was finally revoked in 1933. Prohibition was always considered a failure, due to the way it was policed, the fact the American people at the time liked to drink and the fact that alcohol was very easily accessible. Therefore the fact it lasted thirteen years, despite it being obvious within the first five that things were not working, seems incomprehensible. There are a number of factors which worked together to make prohibition last as long as it did. The most important being morale reasons behind introducing it at first, but the popularity of prohibition, the time it to repeal a law and the fact it didn’t really affect people’s lives too much also had an effect. The primary reason for Prohibition lasting so long was the morale reasons that we used to get the law passed in the first place still stood and people sympathised with them. We will write a custom essay sample on Why Did Prohibition Last so Long? or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page For example many women’s groups saw alcohol as a means by which men oppressed them, and also though that the money spent on drink could be better used amongst the family with raising children and other general necessities. This attitude didn’t stop during the prohibition years as people were still drinking and hence propaganda regarding prohibition still bore the pictures of families with mothers and children longing for their husbands/fathers to support prohibition. The Woman’s Temperance society played a big part in this. It wasn’t just the domestic morals which were attacked by prohibition it was the industrial ones too. Big businesses saw drunkenness as something that led to danger and more importantly inefficiency in the work place, particularly in large factories where hazardous machinery was used. For example the Rockefeller Corporation and Heinz supported prohibition in the interest of greater workforce efficiency. Similarly, this was always an aspect that could be improved so the big businesses didn’t stop supporting prohibition. The Church also had an influence. At the time, America was a very religious country, especially in the southern States and many of the religious groups believed alcohol was the work of the devil and was a predominant reason for sin and wrongdoing. During all the year the prohibition was running, the Church never went back on this stance and consequently the people still tended to believe in prohibition. Arguable the most prominent morale cause for prohibition lasting so long was the aspect of national pride and that you were ‘letting your country down’ if you drank beer or and form of alcohol. The reasoning behind this was due to the First World War. Many of the largest brewers, such as Pabst, Ruppert and Leiber were of German origin. Their businesses had helped to finance the German war effort so after the war when prohibition was in full effect, there was still a very heavy anti –German feeling amongst the Americans and hence they thought it was unpatriotic to drink from these companies. As prohibition progressed and the Red Scare and the consequent anti Russian feeling emerged, a very similar stance was taken towards spirits, which were produced and manufactured in Russia and the Soviet Union. A further reason that helps explain why prohibition lasted so long was that there was actually some successes to prohibition. Throughout the more rural states and areas, it was a huge success as this area was populated and supported but the White Anglo Saxon Protestants (WASPs). They agreed with the church and all the propaganda behind starting the prohibition at first and we fully behind it. It wasn’t just in the rural areas though; over the country it was having success. Alcohol consumption did fall from an average of 2. gallons per person per year before 1917 to one gallon in 1930. In addition to this, arrests for drunkenness crimes related to drunkenness also fell, as did deaths from alcoholism. These statistics were obviously fed back to Congress as, seeing as their policy was working, they can’t have seen a reason to stop it if it was achieving their goals that it set out to do, despite the discrepancies that were occurring. A further success that would have stopped congress from repealing the 18th amendment was that of crime rates. It is heavily publicized that organized crime went up considerably, and this was a potential reason to change the law, however violent crime did not increase despite what is assumed. There were far less arrests made during the time of prohibition for violent acts than there was before prohibition started. Despite the rise of organised crime there was always this type of crime before and after the prohibition period, so politicians argued that prohibition was not the main cause for the rise in gangsters and their participation in organised crime. This can mean that congress were happy with the reduced crime overall and saw no reason serious enough to do with crime to revoke the 18th amendment. Another reason that the US government decided against revoking the 18th amendment earlier than when they did was that prohibition was actually quite a popular amendment, in and of itself, amongst the people, the actual reason they didn’t always adhere or claim to not like it was due to the fact that it was poorly policed and the execution of trying to enforce the law was poorly done. This was highlighted in the Wickersham Commission. It was Herbert Hoover who established this commission and he found that people supported prohibition but found contempt among average Americans and unworkable enforcement across the states, corruption in police ranks, local politics and problems in every community that attempted to enforce prohibition laws. A further example of how popular the prohibition law was is through Al Smith’s election campaign in 1928. Al Smith was a committed ‘wet’; someone who was anti prohibition and one of his policies when running for president was to stop prohibition. This caused a major split in the Democratic Party and amongst America as a whole. The country and Party split north and south over it with the South fervently voting to keep prohibition and the north looking for the law to be relaxed. Hence, due to no side really getting the upper hand and the South and WASPs strongly for it, there wasn’t enough public demand for it to be repealed hence nothing was done. Such was the strong feelings for prohibition in Mississippi they kept the law as a state law until 1966. In addition to this, the fact that there was no clear majority either way it took a long to eventually change the law due to the way the constitution is set up. It took a very considerable time for clear groups to emerge as strongly anti prohibition too, many people grumbled about it but few were actually decisive enough to go about trying to change it back. It wasn’t really until the 1928 election and AL Smith that groups started to emerge strongly against prohibition with strong political backing. From then on it took another five years to build up the support behind the motion, so that the government under Roosevelt wanted to revoke the amendment as soon as he became president. Finally, the fact that people’s lives were not affected to such a great extent that people feared in the first place, definitely has an effect in why it lasted so long. Alcohol was very readily available for many people. This was done through transforming industrial alcohol into an alcoholic drink called moonshine; this alcohol was available from many places. A further way to acquire alcohol was to buy it off a bootlegger. These people often bought medicinal alcohol (whisky, vodka, run) from chemists and then sold it onto to people who wanted it. The biggest form of accessible alcohol was through speakeasies. These illegal bars were situated in most big cities and most people knew where they were if you wanted to obtain a beverage. Such was the ease of access to alcohol, no-one really made a fuss about the rules because it wasn’t depriving them of what they wanted, hence they were very happy to go along with it and cheat the system as much as they liked. Therefore, there were not as many uprisings and protests about the lack of alcohol, meaning there was no pressure on the government to change the law and rescind prohibition. In conclusion, prohibition lasted so long for a number of factors, the most important being the morale reasons put forward by groups of women (Women’s Temperance Society), the church and big business. These morale views were not going to deteriorate over night, if ever and so they still persuaded the people of the United States that not drinking alcohol was the best course of action. Added to this, the factor that many believed that drinking alcohol would aid the Germans because they would be giving money to them through buying beer, which was imported from Germany. Furthermore, the limited success of prohibition served a purpose in making the politicians think that their policy was working and that people were not drinking and so they saw no need to retract their policy they had put in place. Finally the lack of solid support for the abolishment of prohibition meant that there was no pressure onto the government from the people because they were not experiencing any trouble getting hold of alcohol, hence didn’t feel the need to complain. All these factors combined together to make prohibition last as long as it did.

Thematical Lives Of Dickens Characters Essay Example For Students

Thematical Lives Of Dickens Characters Essay Thematical Lives of Dickens CharactersCharles Dickens literary works are comparable to one another in many ways; plot, setting, and even experiences. His novels remain captivating to his audiences and he draws them in to teach the readers lessons of life. Although each work exists separate from all of the rest, many similarities remain. Throughout the novels, Oliver Twist and Great Expectations, the process of growing up, described by the author, includes the themes of the characters ability to alienate themselves, charity given to the characters and what the money does to their lives, and the differences of good and evil individuals and the effects of their influences. We will write a custom essay on Thematical Lives Of Dickens Characters specifically for you for only $16.38 $13.9/page Order now Collectively, these major novels overflow with orphans, adoptive parents, guardians, and failed parent-child relationships. Oliver, the main character in Oliver Twist, must forget about his infantile past (Marcus 182) in order to seek the idyllic future (Marcus 182). He gets hurled from orphanages to foster parents and so on until he finds himself a portion of the wrong crowd. The pickpockets take him under their authority and attempt to show him the ropes of the embezzling operation. The orphan Carter 2adapts well to the swindling lifestyle of Fagin and the boys, and through a series of mischievous choices, authorities apprehend him for stealing (although Dodger was the true felon), and Oliver must live with the consequences. Great Expectations also emphasizes the process of growing up through Pip, the main character. Pips mother and father passed away while he was young, and he was forced to reside in the house of his older sister and her husband.The boy obtains many idealistic fat hers, including Joe, Magwitch, Jaggers and Pumblechook, but none of these men can give him what he needs from a predecessor. Dickens demonstrates to the reader the consequences that bad parenting has on children. Some children are warped by the knottiest roots (Lucas 141). Pip, Estella, and Magwitch are all examples of hurt children. The bitter children dwell on their past, or what has been forgotten (Marcus 182), and blame the parents for their sufferings. Other children such as Joe and Herbert survive bad parents and go on with their lives, not letting the history affect the outlook. Personalities in the novels became cut off physically or spiritually from human companionship. Oliver suffers from a sense of estrangement. He fears being abandoned by foster parents and friends, even though the relationships are not healthy for him. Consider his relationship with Dodger. The orphan was told to take Dodgers advice and do what he does (Oliver 138) by Fagin in order to succeed. Oliver k new that his new Carter 3friends were bad influences on him, but yet he remained with the clique to keep from feeling a hint of isolation. In Great Expectations, Ms. Havisham, resembling Pip, Estella, and Jaggers, acquires a sense of mutilation from her locked up feelings. In her past, she was abandoned by her fianc? at the altar on her wedding day. Ironically, the old woman, so terrified of the idea of being alone, alienates herself from most human contact. After the horror of her loves departure, she does not allow anything in the house to change. Wedding cake still sits on tables, clocks unexpectedly stopped at the exact time that she was deserted, and she lives in the past and denies the future. Desperately, she withers away corpse-like (Great 54) in solitude. Largely through Joe, Warwick, Herbert, Wemmick and Wopsle, Pip learns to form bonds of love. Bound to Estella through his affection for her, he does not realize her teasing games. She does not seem to display the same feel ings towards him, but he believes that he will win her emotions. This relationship matures into the destruction of Pip, but his fear of existing in seclusion keeps his helpless, constant infatuation burning. This twist of fate finds Pip sadly and searchingly wanting (Sucksmith 186). .ucf9d68b11947abb8e664ef3970b186ce , .ucf9d68b11947abb8e664ef3970b186ce .postImageUrl , .ucf9d68b11947abb8e664ef3970b186ce .centered-text-area { min-height: 80px; position: relative; } .ucf9d68b11947abb8e664ef3970b186ce , .ucf9d68b11947abb8e664ef3970b186ce:hover , .ucf9d68b11947abb8e664ef3970b186ce:visited , .ucf9d68b11947abb8e664ef3970b186ce:active { border:0!important; } .ucf9d68b11947abb8e664ef3970b186ce .clearfix:after { content: ""; display: table; clear: both; } .ucf9d68b11947abb8e664ef3970b186ce { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .ucf9d68b11947abb8e664ef3970b186ce:active , .ucf9d68b11947abb8e664ef3970b186ce:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .ucf9d68b11947abb8e664ef3970b186ce .centered-text-area { width: 100%; position: relative ; } .ucf9d68b11947abb8e664ef3970b186ce .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .ucf9d68b11947abb8e664ef3970b186ce .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .ucf9d68b11947abb8e664ef3970b186ce .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .ucf9d68b11947abb8e664ef3970b186ce:hover .ctaButton { background-color: #34495E!important; } .ucf9d68b11947abb8e664ef3970b186ce .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .ucf9d68b11947abb8e664ef3970b186ce .ucf9d68b11947abb8e664ef3970b186ce-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .ucf9d68b11947abb8e664ef3970b186ce:after { content: ""; display: block; clear: both; } READ: Atticus As A Model Parent EssayDickens suggests that charity, like love, will earn integrity only if honest. Indicated in Oliver Twist, is the impression that true concern for people dwells in individuals, not in institutions. From the beginning, in the orphanage, Oliver was the Carter 4object of peoples benevolence. He obtained food, clothing, and shelter, but lived in horrible conditions and his guardians treated him as though he was not deserving. In one case, at a workhouse, the operator of the institute was given government money to tend to the children but however she kept most of the money for herself (Oliver 10). When Oliver encountered the pickpockets, he felt as though he belonged, but Dodger and his group helped Oliver only when they believed they could profit from the innocence of the boy. These associations showed no real compassion for Oliver as a human, but thought of him as a way of benefitting themselves instead. The orphan finds true kindness in charity when he encounters the generosity of Brownlow and Mrs. Maylie. They offer love and forgiveness for past mistakes along with meeting Olivers basic needs. In Great Expectations, money has tricky value. Coin is not bad in itself, since it helps Herbert and prevents Pip from getting placed into debtors prison. From the beginning, Pip received endowments from which he thought were gifts to him from Ms. Havisham, but in the end he found it was from the convict he encountered while playing in his parents graveyard as a child. He had provided the felon with extra food and in turn, he was given money and a good life. Coin eventually became dangerous to Pip. He evolved into prey for greedy ind ividuals, and those that would marry for wealth (Great 392). He also began to lose his moral bearings. If he did not love money in itself, he adored the power that it Carter 5brought him in life. Several of Dickens publications, like most excellent literature, depict the struggle between opposing forces of good and evil. The living conditions of the characters determine what will become of them in their future. Those who are deprived of good influences as a child are doomed to lead bad lives, and suffer, while those who grow up in good environments, full of love and security, will flourish in adulthood. Oliver, for example, gets rescued in time from the wickedness of bad influences. He lands in the hands of righteousness before death (Lucas 253). Nancy, however, must pay the price for sin; she can not escape demise. Dickens illustrates the results of poverty, especially hunger, which has the ability to turn humans into malicious animals. The author may also continue to argue in his books that criminals are made, not born. Great Expectations portrays kindness and immorality as inseparably intermingled. Pip and his childish and strict moral views, partitions life into absolutes : Estella is good, Magwitch is bad; Jaggers world is evil while Herberts is good. Later in life, Pip sees that he must accept that all life is interwoven together, and that he must search for good in people as well as seeing their corrupt behavior and self-deception (Sucksmith 186).Celebrated writers all tend to use a specific style to their literature. Some use the same setting, other use similar ideas. Charles Dickens illustrates the importance of childhood and what Carter 6occurs to a human as a child potentially has the power to change their lives forever. Parents, or guardians exist as role models for their children. Either the young ones see what their parents accomplish and mock them, or they become the opposite. Emotions of a child affect emotions as an adult. Essentially, Dickens characterizes the idea that a persons adulthood is a reflection of their past. .u2f8182446bf90d1773dcdc3966df53d6 , .u2f8182446bf90d1773dcdc3966df53d6 .postImageUrl , .u2f8182446bf90d1773dcdc3966df53d6 .centered-text-area { min-height: 80px; position: relative; } .u2f8182446bf90d1773dcdc3966df53d6 , .u2f8182446bf90d1773dcdc3966df53d6:hover , .u2f8182446bf90d1773dcdc3966df53d6:visited , .u2f8182446bf90d1773dcdc3966df53d6:active { border:0!important; } .u2f8182446bf90d1773dcdc3966df53d6 .clearfix:after { content: ""; display: table; clear: both; } .u2f8182446bf90d1773dcdc3966df53d6 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u2f8182446bf90d1773dcdc3966df53d6:active , .u2f8182446bf90d1773dcdc3966df53d6:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u2f8182446bf90d1773dcdc3966df53d6 .centered-text-area { width: 100%; position: relative ; } .u2f8182446bf90d1773dcdc3966df53d6 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u2f8182446bf90d1773dcdc3966df53d6 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u2f8182446bf90d1773dcdc3966df53d6 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u2f8182446bf90d1773dcdc3966df53d6:hover .ctaButton { background-color: #34495E!important; } .u2f8182446bf90d1773dcdc3966df53d6 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u2f8182446bf90d1773dcdc3966df53d6 .u2f8182446bf90d1773dcdc3966df53d6-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u2f8182446bf90d1773dcdc3966df53d6:after { content: ""; display: block; clear: both; } READ: CONTENT ON THE INTERNET: FREE OR FETTERED? EssayWorks CitedPrimaryDickens, Charles. Great Expectations. New York: Alfred A. Knopf Inc.1992. Dickens, Charles. Oliver Twist. New York: Alfred A. Knopf Inc. 1990. SecondaryLucas, John. Charles Dickens: the major Novels. New York: Penguin, 1982. Marcus, Steven. Dickens: from Pickwick to Dombey. New York: Basic Books, 1965. CLCvol. 3, p. 182. Sucksmith, Harry Peter. The Narrative Art of Charles Dickens: the Rhetoric of Sympathy andIrony in his Novels. London: Oxford University Press, 1970. CLC vol. 3, p. 186.