STRATEGIC FINANCE FOR CRIMINAL JUSTICE ORGANIZATIONS

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Strategic Finance For Criminal Justice Organizations

Author : Daniel Adrian Doss
ISBN : 9781466559042
Genre : Law
File Size : 69.40 MB
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Traditionally, the study of financial decision making in law enforcement and criminal justice entities has been approached from the perspective of tax revenues and budgeting that focus only on the past and present. Capital investments of cash flow provide future benefits to all organizations, and among courses in business administration, these notions of long-term financial management are critical to a sound understanding of organizational finance. Strategic Finance for Criminal Justice Organizations examines capital budgeting techniques from a quantitative perspective that targets the strategic future of revenues within the criminal justice and law enforcement sectors. Explaining capital budgeting concepts through the use of practical examples, this volume discusses: Economics and the use of money as a tool to facilitate the exchange of goods and services Human decision making, impediments to rendering objective decisions, and methods for improving decision objectivity The consequences of making capital budgeting decisions, the concept of risk, and the time value of money The rendering of decisions using the payback time method and the mathematical formula necessary to use it The concept of discounting and decision rules for net present value How to make an internal rate of return financial decision The mathematical formula for the profitability ratio/index method and using it to make financial decisions In all organizations, it is essential that financial decisions are made through informed insight considering all relevant factors. This volume contributes to improvements of the skills that are required to robustly render beneficial, long-term strategic decisions within the law enforcement and criminal justice environment.
Category: Law

Economic And Financial Analysis For Criminal Justice Organizations

Author : Daniel Adrian Doss
ISBN : 9781466592070
Genre : Business & Economics
File Size : 39.77 MB
Format : PDF
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From small law offices to federal agencies, all entities within the justice system are governed by complicated economic factors and face daily financial decision-making. A complement to Strategic Finance for Criminal Justice Organizations, this volume considers the justice system from a variety of economic and financial perspectives and introduces quantitative methods designed to improve the efficiency and effectiveness of organizations in both the non-profit and for-profit sectors. Using only a minimum of theory, Economic and Financial Analysis for Criminal Justice Organizations demonstrates how to make decisions in the justice system using multiple financial and economic models. Designed for readers with little knowledge of advanced mathematics, quantitative analysis, or spreadsheets, the book presents examples using straightforward, step-by-step processes with Excel and Linux Calc spreadsheet software. A variety of different types of decisions are considered, ranging from municipal bond issuance and valuation necessary for public revenues, pension planning, capital investment, determining the best use of monies toward construction projects, and other resource planning, allocation, and forecasting issues. From municipalities and police departments to for-profit prisons and security firms, the quantitative methods presented are designed to improve the efficiency and effectiveness of all organizations in the justice domain.
Category: Business & Economics

Policing Financial Crime

Author : Petter Gottschalk
ISBN : 9781599425139
Genre : Business & Economics
File Size : 79.80 MB
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Policing Financial Crime presents theories of financial crime, stages of financial crime, and criminal entrepreneurship. Response, regulation, and prevention of financial crime are described in terms of police intelligence strategy, intelligence information sources, and information systems. By combining insights into the broad variety of financial crime types and behaviors and alternative law enforcement approaches, this book provides a unique insight into the growing local and global phenomena of financial crime.
Category: Business & Economics

Speedy Disposition

Author : Thomas W. Church
ISBN : 9780791499122
Genre : Social Science
File Size : 51.39 MB
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Monetary incentives are increasingly seen as attractive alternatives to strict regulatory approaches for achieving objectives. This book examines one of the most ambitious attempts to use monetary incentives in the criminal justice system: New York City’s $8.25 million Speedy Disposition Program (SDP). New York City officials introduced SDP as an incentive scheme to encourage the city’s six District Attorneys to accelerate the disposition of those criminal cases that most contributed to the city’s chronic jail overcrowding problem. Substantial financial rewards would be given to those DAs’ offices that managed to dispose of their oldest felony cases, those cases involving “long-term detainees.” The implementation of SDP in New York City — and the responses of the city’s district attorneys to it — provides fascinating tales that teach much about innovation in criminal justice, about new approaches to court reform and delay reduction, and more generally, about the uses of monetary incentives as policy tools. Further, the program provides a rich source for analysis of the considerations that should go into the design of incentive programs, and into the contextual factors that argue for their applicability in other areas.
Category: Social Science

Criminal Justice Organizations Administration And Management

Author : Stan Stojkovic
ISBN : 9781305177482
Genre : Education
File Size : 75.99 MB
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Providing cutting-edge coverage of modern management theory, CRIMINAL JUSTICE ORGANIZATIONS: ADMINISTRATION AND MANAGEMENT, 6th Edition, emphasizes the application of management techniques appropriate to each area of the criminal justice system. Known for its thoroughness, accessibility, and practicality, the book focuses on the both the hows and whys of management techniques, equipping readers with the skills, knowledge, and solid understanding they need to effectively deal with the management challenges they will face in their own careers. Completely current and relevant, this edition includes thoroughly updated research and statistics as well as coverage of such key topics as civil liability, political power, ethics, budgeting, employee rights, and more. Chapters begin with timely vignettes that immediately draw readers into management concepts and theory, while insight from actual Criminal Justice professionals is featured throughout the text. Important Notice: Media content referenced within the product description or the product text may not be available in the ebook version.
Category: Education

The Business Of Criminal Justice

Author : Daniel Adrian Doss
ISBN : 9781466514553
Genre : Business & Economics
File Size : 71.75 MB
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Regardless of the type, size, or mission of a criminal justice or law enforcement organization, optimum decision making can be achieved by examining activities and functions from the perspective of traditional business administration. Using profit and nonprofit business models, The Business of Criminal Justice: A Guide for Theory and Practice integrates the two philosophies of traditional management and finance and service-oriented benefit and demonstrates how success in these organizations is dependent on using the proper business model. Topics discussed in this forward-thinking volume include: The basic characteristics of qualitative and quantitative human decisions that affect law enforcement organizations Management theory and the concepts of controlling, coordinating, leading, organizing, and planning Strategic management and long-term decisions that affect law enforcement and justice-related entities for five or more years Quality management and operations management of law enforcement entities The influences of economics on the administration of law enforcement entities Various aspects of mathematical modeling that influence human decision making to fulfill a stated objective Models that support the expending of funds to benefit the organization and its stakeholders while rendering public service Building relationships between the law enforcement entity and society through marketing, branding, and advertising Demonstrating how the concepts of business administration influence law enforcement and government organizations, this volume is a critical decision-making tool for law enforcement and criminal justice entities ranging from small-town sheriff’s offices to large federal enterprises.
Category: Business & Economics

Investigation And Prevention Of Financial Crime

Author : Mr Petter Gottschalk
ISBN : 9781409460077
Genre : Business & Economics
File Size : 45.89 MB
Format : PDF, ePub, Mobi
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So long as there are weaknesses that can be exploited for gain, companies, other organizations and private individuals will be taken advantage of. This theoretically-based but hugely practical book focuses on what is generally seen as financial or economic crime: theft, fraud, manipulation, and corruption. Petter Gottschalk considers how, in some competitive environments, goals can 'legitimise' all kinds of means, and how culture can exert a role in relation to what is seen as acceptable or unacceptable behaviour by individuals. In Investigation and Prevention of Financial Crime he addresses important topics including organized crime, money laundering, cyber crime, corruption in law enforcement agencies, and whistleblowing, and provides expert advice about strategies for the use of intelligence to combat financial crime. The uniqueness of his approach to the subject lies in the way he is able to explain intelligence and intelligence processes in the wider context of knowledge and knowledge management. The numerous case studies throughout the book illustrate the 'policing' of financial crime from an intelligence, knowledge management and systems perspective. Law enforcers, lawyers, security personnel, consultants and investigators, as well as those in auditing and accountancy and with responsibilities for containing risk in banks, other financial institutions and in businesses generally, will find this an invaluable source of practical guidance. The book will also be of interest to advanced students and researchers in criminology and police science.
Category: Business & Economics