Strategic finance for criminal justice organizations

 Content: Introductory Concepts  The Concept of Money  Formative US Transactions  Nineteenth-Century US Transactions  Contemporary US Transactions  Considerations of the Money Concept  Categorization of Decisions  Chronological and Risk Aspects of Decisions  An Integrative Perspective  Models and Simulations  Black Market Decisions  Legal Market Decisions  Integrative Observations  Capital Budgeting Concepts  Concepts of Decisions  Objective Decisions  Impeding Factors  Group Decisions: Cardinality and Groupthink  Bounded Rationality and Satisficing  Stress  Decision Style and Capacity  Risk  Countering Impediments  Group Dynamics  Brainstorming  Nominal Group Technique  Delphi Technique  Groupware  Systems Approach  Neural Networks  Scenario and Sensitivity Analysis  Integrative Perspective  Financial Management Decisions  The Attributes of Financial Relationships  Methods of Financing Organizations  Bond Debt  Stock Equity  Loans and Credit  Taxation  Grant Funding  Goodwill and Charitable Funds  Insurance Policies  Confiscation, Seizure, and Forfeiture of Assets  Value-Added Concepts  Contexts of Prisoner Labor  Contexts of Work-Release Programs  Contexts of Recidivism  Integrative Financial Management  Tools of the Trade: Making a Decision  The Time Value of Money  Concepts of Future Value and Present Value  Future Value  Present Value  Considerations of Rate  Determining the Rate Variable  Determining the Time Variable  Comments Regarding the Time Value of Money  Foundational Understanding  Capital Budgeting Methods  It Is Time for Payback: The Payback Time Method  Payback Time Method  Application of the Payback Time Method  Single Investment Initiative  Mutually Exclusive Investment Initiatives  Multiple Capital Investment Initiatives  Discounted Payback Method  A Present for the Present: The Net Present Value Method  Net Present Value (NPV) Method  Application of the NPV Method  Multiple Capital Investment Initiatives  Accepting Multiple Initiatives  Advanced NPV Considerations  How Do We Rate? With the Internal Rate of Return  Internal Rate of Return (IRR) Method  Application of the IRR Method  Accepting Multiple Initiatives  Advanced IRR Considerations  Chapter Comments and Summary  Red or Black? The Profitability Index Method  Profitability Index (PI) Method  Application of the PI Method  Accepting Multiple Initiatives  Advanced PI Considerations  Putting It All Together! Let\'s Make a Decision  Accepting Multiple Initiatives  Advanced Capital Budgeting Considerations  Chapter Comments and Summary  Day and Night Shifts: Integrating the Concepts  Benefit-Cost Ratio Concepts  Leasing versus Purchasing Concepts  Scenario Analysis Concepts  Sensitivity Analysis Concepts  Break-Even Analysis Concepts  Complements, Not Competitors  The Slammer: Concluding Remarks  Afterword  Appendices Index