Monday, January 27, 2020

The Importance Of The Goals Of Sentencing Criminology Essay

The Importance Of The Goals Of Sentencing Criminology Essay The examination and understanding of contemporary criminal justice goals of sentencing is extremely important if scholars are to recognize the every-changing views of crime and punishment. It is common knowledge that crime has always existed as well as the need to punish criminals. While the standards of punishment and sentencing have changed from banishment and fines to torture and blood feuds (Senna Siegel, 2005), it is apparent by examining the goals of sentencing that the contemporary system of punishment is due in part to the formation of Common Law. Examination of the goals of sentencing reveals that there has been an obvious shift from the once acceptable physical punishment towards more humane sentencing options such as imprisonment, probation, parole, intermediate sanctions, indeterminate sentencing, determinate sentencing and the death penalty. Keywords: Goals of Sentencing, Sentencing Options, Concepts of Sentences In order to research the goals of sentencing, it is apparent that scholars must have access to a vast quantity of resources which are reliable as well as accessible. It is also important that a variety of research be examined which at a minimum should include retribution, incapacitation, deterrence (general and specific), rehabilitation and restoration, as well as the existence of imprisonment, probation, parole, intermediate sanctions, indeterminate sentencing, determinate sentencing and the death penalty. While today there are numerous goals and options available that the contemporary criminal justice system focuses on in regards to imposing punishments and sentences, it is obvious that the goals of sentencing have changed from punishments that were once geared toward satisfying the victim, to broader aspects which more recently have been found to focus on reducing recidivism. It is important to note that by examining and researching the various options available today in regards to sentencing, it becomes apparent that there is no longer a set of policies or straight forward sentencing, and what was once a standard punishment for a particular crime is now being replaced by individualized approaches. Literature Review Throughout researching the criminal justice curriculum, scholars are recommended to reference and examine the importance of the goals of sentencing which include retribution, incapacitation, deterrence (general and specific), rehabilitation, restoration, imprisonment, probation, parole, intermediate sanctions, indeterminate sentencing, determinate sentencing and the death penalty. While punishment refers to a negative response that is imposed on an individual due to committing an act that has been established by society as being inappropriate (Hugo, 2010), retribution, which is often referred to as a justification for punishment, involves the offender getting what they deserve. Retribution is often viewed as the practice of an eye-for-an-eye; thus a murderer being put to death for the crime of murder would be considered retribution. Incapacitation refers to the idea that if offenders are incarcerated, additional crimes are prevented thus the perception is that prisons contribute to the solution of crime prevention. Research conducted by Hemmens, Kifer, Stohr (2003) supports this theory with findings that suggest that jail and prison staffs are more likely to recognize the goal of corrections as being incapacitation. The focus on deterrence is divided into two categories which are general deterrence and specific deterrence. While general deterrence focuses on preventing the crime before it happens, specific deterrence focuses on how to reduce recidivism. While examining the two concepts of deterrence, Siegel (1992) discusses the importance of understanding the process that occurs prior to an individual choosing to commit a crime by stating before choosing to commit a crime, the reasoning criminal evaluates the risk of apprehension, the seriousness of the expected punishment, the value of the criminal enterprise, and his or her immediate need for criminal gain (Siegel, 1992, p. 131). Rehabilitation refers to the thought that offenders have underlying reasons for committing the crime and thus the chance of recidivism can be reduced if the offender is afforded the opportunity to have various types of rehabilitation including cognitive and rationale therapy, individual counseling and substance abuse groups. Gadek (2008-2010) discusses rehabilitation versus punishment and notes the cost effectiveness of rehabilitation versus strictly incarceration. Restorative justice is an approach that is based around the belief that offenders should be forced to take responsibility and show accountability for their actions, and the victim as well as the community affected, are paid back to some degree by offenders performing community service or paying restitution. Zehr (2002) discusses that restorative justice takes into consideration not only the victim, but considers what needs the victim and offender has and whose obligation it is to meet the identified needs. Discussion In researching the goals of sentencing, it is apparent that in contrast to the structure of the criminal justice system of twenty years ago, contemporary criminal justice systems have no standard approach. Although contemporary criminal justice policies are still referred to as tough-on-crime policies, most jurisdictions are now focusing on individualized programs. It is evident that there is no one single approach to sentencing an offender; yet in order to understand the fundamentals of crime and punishment, the goals of sentencing which are retribution, incapacitation, deterrence, rehabilitation and restoration must be examined. The principle that is commonly used to describe the ethics of law is that the punishment should fit the crime. Individuals who agree with this theory are increasingly in favor of retributive justice, which includes punishments such as an eye-for-an-eye and a hand-for-an-hand. According to Cavadino Dignan (1997), advocates who support retributive justice advocate that punishment is strictly utilized to punish offenders according to the severity of the crime committed. Maiese (2004) advocates that retributive justice is a matter of giving those who violate human rights law and commit crimes against humanity their just deserts (p. 2). While retributive justice serves to demand that the punishment fit the crime, research suggest that there are negative sides to enforcing the idea of retributive justice. Maiese (2004) discusses that when punishment is solely based on the degree of the crime committed, it is easy to place emphasis on revenge versus retributive justice. Maiese (2004) states like retribution, revenge is a response to wrongs committed against innocent victims and reflects the proportionality of the scales of justice (p. 2). While there are those that support harsh punishments against offenders, there are viable and effective alternatives to retributive justice such as restorative justice and psychiatric imprisonment. Restorative justice has become increasingly more popular as this theory focuses not only on the offender, but includes the victim and the communities that were impacted by the crime committed. Restorative justice places the responsibility on the offender to acknowledge how the crime affected the victim as well the community. It is important to note, that research has suggested that restorative justice is more commonly utilized with property offenses as well as civil and criminal offenses and has been considered ineffective and inappropriate to use with those convicted of drug offenses, domestic violence and sexual assault ( ). In contrast, restorative justice is the opposite of retributive justice in that restorative justice, therefore, advocates restitution to the victim by the offender rather than retribution by the state against the offender (Maiese, 2004, p.1). Restorative justice is achieved by including the offender, victims and the community. This is beneficial in that this process involves all of the individuals who were affected by the crime committed. Examples of restorative justice would include crime victim awareness education for the offender and the offender being held responsible for paying restitution and performing community service. Hayes (2005) notes that another goal and objective of restorative justice is decreasing recidivism. Although there are those such as Beven (2005) that argue that restorative justice has no significance as related to recidivism, Hayes (2005) advocates that restorative justice not only can prevent recidivism but it can deter other potential criminals. In examining deterrence, there are two main ideas that encompass the theories of how to decrease recidivism as well as how to prevent crime altogether. The concepts are general deterrence and specific deterrence. While the general deterrence theory advocates that individuals will commit crimes when there is no fear of punishment, specific deterrence focuses on punishing offenders in order to prevent them from violating the laws that were broken. It is important to note that it is the theory of specific deterrence that utilizes negative sanctions in order to prevent further acts of crime. In researching the various theories of deterrence, the question arises as to whether general deterrence is effective considering that this theories focus is based on an individuals ability to determine whether or not apprehension is a certainty? According to Keel (2005), research as related to capital punishment indicated that the general deterrence theory is not effective. Keel (2005) further notes that there is minimum relevance when considering capital offenses in the states which utilize the death penalty. This noted ineffectiveness in regards to the theories of deterrence also raises the question as to whether incapacitation is an appropriate sentencing option. Incapacitation focuses on the belief that in order to ensure public safety, that it is acceptable and appropriate to incarcerate an individual not necessarily for what they have done, but in order to prevent that individual from committing a crime. It is apparent that incapacitation depends solely on the abilities of the Judge, prosecuting attorney, public defenders as well as local community correction programs to have the skills and education to identify those individuals that have the potential to re-offend. When examining the various forms of sentencing that are currently utilized in contemporary criminal justice systems, home confinement, drug court, day reporting centers and incarceration would all appear to provide a form of incapacitating effect, while sentencing an offender to unsupervised probation, unsupervised home confinement or simply sentencing the offender to pay a fine would not exhibit an incapacitating effect. It is obvious that the ultimate and permanent form of i ncapacitating an offender would be sentencing an individual to the death penalty. While ultimately the goal of sentencing is to provide public safety and to reduce recidivism, the question arises as to whether it would be more cost effective to incapacitate only those offenders who have committed violent crimes and who have increased risk factors that would that would lead one to believe that the offender was capable of committing dangerous crimes. With the importance that is currently being placed on the prison overcrowding, it is sensible to advocate that more offenders should be placed into home confinement or community correction programs which have the resources to offer intense supervision, in order to utilize the prisons that are available for strictly the goal of incapacitation. Rehabilitation versus punishment is a strong consideration when researching the goals of sentencing. While deterrence and a decrease in recidivism are the components that each community strives to meet, each society has a responsibility to consider rehabilitation when enforcing sentencing. Rehabilitation allows an offender the opportunity to become educated about their behavior and affords the offender the chance for change. Although rehabilitation is most commonly utilized with juvenile offenders, it is important to note that rehabilitation has been shown to be effective with the adult offender population when you examine the results that the community correction programs are reporting over the last few years. Incarceration does not offer programs or have a process in which rehabilitation can be offered to offenders and the cost of incarceration far exceeds the costs associated with rehabilitation. Rehabilitation also clearly satisfies the goals of restorative sentencing in that the majority of community correction based programs that exist today have requirements that participants pay their restitution and perform set hours of community service in the community that was offended. It should also be noted that crime victim awareness programs are becoming increasingly p opular in community programs today which educate offenders on how their actions not only affect them, but how the same actions affected the victim and their families. Conclusion The goals of sentencing are important and necessary if society is to maintain order and stability. While contemporary criminal justice systems remain influenced by politics, research supports the theory that increasing the number of offenders that are incarcerated may in fact look like a community is getting tough on crime, but the underlying issue is that this method does nothing for decreasing recidivism; thus in effect, as long as society views incarceration as the choice for punishment, societies will continue to contribute to the increasingly high prison cost as well as contributing negatively to recidivism rates. There are numerous sentencing options available today that clearly satisfy incapacitation, deterrence, retribution, rehabilitation and restoration. Probation, parole, home confinement, day reporting centers, and drug court are all viable options for offenders who are non-violent and pose no danger to society. Rehabilitation offers not only a way to satisfy deterrence, restoration and retribution but it can also contribute to incapacitation in that offenders can be court ordered to locked down psychiatric prisons and rehabilitation centers. It is my belief that there is a need for guidelines in regards to maintaining a consistency between the crime committed and the punishment; yet if it stands true that society is a product of individuals, then society must embrace the effort that the focus can no longer be placed on incarceration but on alternative programs and alternative sentencing in order that the needs of the offenders can be met which in turn allows society to place a positive emphasis on deterrence as well as recidivism.

Sunday, January 19, 2020

Capital investment Essay

Capital investment:regardless of whether they involve a tangible or intangiable asset. The incestment creates wealth if the discounted value of the future cash flow exceeds the up front cost. The problem is what to discount- stick to these rules: 1. Only cash flow is relevant. Net present value depends on future cash flows it’s the difference between cash received and cash paid out. Cash should be recorded only when they occur and not when work is undertaken or a liability is incurred. Ex: taxes should be discounted from their actual payment date. 2. Estimate cash flows on an incremental basis. The value of a project depends on all the additional cash flows that follow from project acceptance. Some things to watch for when you are deciding which cash flows to include: a. Do not confuse average with incremental payoffs. you will sometimes encounter turnaround opportunities in which incremental NPV from investing in a loser is strongly positive. These benefits should be net of all other cost. b. Include all incidental effects. Sometimes a new project will help the firms existing business. c. Forecast sales today and recognize after-sales cash flows to come later. Many manufacturing companies depend on the revenues that come after their products are sold. d. Do not forget working capital requirements. Net working capital aka working capital is the difference between a company short term assets and liabilities. Most projects entail an additional investment in working capital, which should be recognized in your cash flow forecasts. e. Include opportunity costs. Is the cash it could generate for the company if the project were rejected and the resource were sold or put to some other productive use, which prompts us to warn you against judging project on the basis of before vs after or with or without. f. Forget sunk costs. They are past and irreversible outflows, cannot be affected by the decision to accept or reject the project and so they should be ignored. g. Beware of allocated overhead costs. We should include only the extra expenses that would result from the project. h. Remember salvage value. The salvage value represents a positive cash flow to the firm, but some have shut down costs in which case the final cash flows may be – 3. Treat inflation consistently investors that inflation into account when they decide what is an acceptable rate of interest, tax saving from depreciation do not increase with inflation. Discount nominal cash flows at a nominal discount rate. Discount real cash flows at a real rate. Never mix real cash flows with nominal discount rates or nominal flows with real rates. Operating cash flow= revenues-cash expenses-taxes Separating investment and financing decisions: we analyze the project as if it were all equity financed, treating payments as cash outflows as coming from stockholders and all cash inflows as going to them, we do this to separate the investment decision from the financing decision. Investments in working capital: working capital increases in the early middile yearps of the project. working capital summarizes the net investment in short term assets associated with a firm, business, or project- the most important components are inventory, AR,AP. Working capital= inventory+ ar-ap Working capital increases for several reasons: 1. Sales are increasing and customers are slow to pay their bills, A/R ^ 2. Age properly. As projected sales increase, larger inventories have to be held in the aging sheds. 3. Payments are delayed, which ^ A/P Additional investment in working capital=increase in inventory+ increase in A/R – increase in A/P

Friday, January 10, 2020

Bank Supervision in Nepal Essay

Banks are the pillars of economy in real capitalistic market of a nation. They are prime sources of investment that play vital role in mobilizing resources to an optimum level in business world. The role of banking sector in economic growth and stability requires continuous and reliable service. In Nepal, Nepal Ratra Bank (NRB) is only an authorized body responsible for the monetary regulation and supervision of all banks and financial institutions licensed by it. It regulates price and balance of payments stability, manage liquidity, develop a sound payment system, and promote financial services and financial stability of the nation. The use of information technology (IT) by financial sector creates numerous challenges of managing and governing it in today’s context. Issues of tackling with changes in technology, migrating system from one to another, maintain adequate internal control system and managing other IT related risks are emerging in banking sector. Frauds through debit and credit cards, ATM, internet banking, mobile banking have increased the risk of financial loss along with other banking risks. Technology risk is not only concerned with operation risk of the bank, other banking risks like credit risk, reputation risk, compliance risk, market risk, strategic risk are also increased due to it. In this scenario, there must be a guideline to regulate sound and robust risk management technology that strengthens system security, reliability, availability and business continuity. Banks licensed by NRB should maintain the prescribed level of capital fund while opening branches only at prescribed locations. Every NRB reports submitted by bank should be transparent and must be properly reviewed and verified by NRB. Credit information bureau of every client must be recorded and submitted to the concerned authorities for any credit or loan functionalities. To defend illegal users from accessing banking system, it is essential to well educate customers to conduct banking operation securely. Similarly, it is also important to educate other stakeholders including its employees to create effective information security practice. Summarizing up, NRB being an apex body, it should seriously pursue various policies, strategies and actions to maintain the stability in price and consolidate the balance of payments for sustainable development of the economy of Nepal. The increasing complexity of IT in banks creates significant risk to which comprehensive risk management comprising of various standard internal control framework, bank’s own requirement and NRB requirement must be implemented. To ensure effectiveness of implemented control framework and adequacy of the adopted security plan and procedures, banks should conduct Information System (IS) audit annually. They should clearly provide information about the services, cost, security features, risk and benefits of electronic banking environment.

Thursday, January 2, 2020

The Violence Throughout American Culture - 858 Words

Chicago Violence Violence permeates throughout American culture. Citizens not only engage in violence, but it is seen as a form of entertainment. Today, violence is also seen as a Public Health issue and an Epidemic disease. A prominent theory to reduce the violence is the creation and advocacy of the idea of social capital within communities. Social capital is an important aspect to this epidemic as it helps decrease the numbers in violent Chicago communities. The theory of Social Capital is based on networks and relationships among individuals who work and live in a society and it enables that society to function effectively. Redefining social capital within some of Chicago’s communities with prevalent levels of gun violence has shown to reduce shootings and killings. A great example of a form of social capital is the model of Cure Violence. UIC’s epidemiologist Gary Slutkin established the non-profit organization. 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