上市公司股权集中度、制衡度与债务期限结构选择

与已有的债务期限结构的研究潜在的假设企业管理者和股东利益完全一致不同,本文基于股权集中和股权制衡对二者利益一致性的影响,在杠杆率和债务期限内生的假定条件下,通过对分别以"债务期限"和"债务杠杆"为因变量的联立方程模型进行2SLS检验,运用中国上市公司的数据样本来研究股权集中度和股权制衡度对债务期限结构的影响。本文的研究不仅是对债务期限结构研究的有利补充,也为我们从公司治理角度思考上市公司的资本结构选择提供了经验证据。     

“首要标准”下监狱企业转型发展的实践与思考

监狱企业的发展必须服务于"首要标准",以实现其价值功能为最终目标,这是最大的现实。应分析监狱企业发展,在职能上实现其经济型向改造型转变,在结构上实现复合型向单一型转变,在管理模式上实现监管劳动型向社会劳动型转变。监狱企业服务于"首要标准"的现实途径是:重视"首要标准"下监狱企业立法,以适合罪犯劳动改造为基点调整产业结构,健全劳动改造管理机制,建立劳动竞争和报酬机制,规范劳动现场管理,强化罪犯劳动的教育功能。     

A Legacy of Harm: Punitive Drug Policies and Women’s Carceral Experiences in Canada

There is limited research on the gendered impacts of drug policies in Canada, despite the fact that women, Indigenous women in particular, are the country’s fastest growing prisoner population, with many incarcerated for drug-related crimes. This article highlights the results of a larger qualitative study with former prisoners in Ontario and community and medical experts from across the country. Focusing on the women research participants, we consider the lack of adequate and culturally-relevant substance use and harm reduction programming in federal prisons, and suggest a reformulation of Canada’s punitive drug policies toward a health and social welfare approach.     

The mental health and substance misuse needs of male ex-armed forces personnel in prison

Ex-armed forces personnel constitute the largest known occupational group in prison but there is little evidence regarding their mental health, or substance misuse, needs. A total of 105 participants were interviewed and measures assessing symptoms of common mental health (CMH) problems and substance misuse were completed along with a review of their health care records. Forty (38%) participants screened for current CMH problems (CCMH) and high levels of dual symptomology and alcohol misuse were assessed. Thirty-nine (37%) had a mental health diagnosis recorded, most commonly for post-traumatic stress disorder (PTSD), depression and personality disorder. Those who screened for a CCMH problem were more likely to have pre-service vulnerability to negative health outcomes and those with dual symptomology were more likely to have experienced deployment during their service. Findings suggest the mental health needs of this group are similar to the general prison population. Potentially higher prevalences of PTSD and alcohol misuse may direct service provision.     

Solitary Confinement as Punishment: Examining In-Prison Sanctioning Disparities

Drawing on prior sentencing and prison scholarship, this study examines the use of solitary confinement as a form of punishment. Specifically, it assesses whether, given a prison infraction, minority inmates—and young, male, minority inmates in particular—are more likely to be placed in solitary and to be placed in it for longer durations. Multilevel regression analyses of state prison data suggest little support for the hypothesis that minority males, or young minority, males, are sanctioned more harshly than other inmates. The analyses identify, however, that males are more likely than females to be placed in solitary as a form of disciplinary punishment and that younger females are more likely to be placed in it than older females. The findings highlight that age and sex may interact to influence punishment decisions and raise questions about the precise roles of race and ethnicity in affecting punishment decisions. Implications of the findings for theory, research, and policy are discussed.     

Opting Out: The Role of Identity,Capital, and Agency in Prison Visitation

An emerging body of research suggests that prison visitation has implications for better understanding inmate institutional and post-release behavior, but not all inmates receive visits. The goal of the current study is to document barriers to visitation from the inmate perspective and describe the perspectives of those who receive very few or no visits. We also describe how inmate perceptions of visits impacts the way one does time and negotiates subsequent visitation. Using data from qualitative interviews, we find evidence that inmates make willful decisions when negotiating prison visits that are guided by one’s sense of self and further colored by the perceived social and economic strain on families. Our results challenge the perception of a universally positive visitation experience, and introduce the role of inmate choice in selecting into and out of prison visits.     

The criminalization of immigration and the privatization of the immigration detention: implications for justice

In recent decades, the criminalization of immigration and the use of private prisons have increased in popularity. The criminalization of immigration and the privatization of prisons work hand in hand in shaping the American criminal justice response to immigration. Privatization creates a powerful opportunity for the social construction of the undocumented immigrant into a powerful potential source of revenue for for-profit corporations. Private prison corporations, such as Corrections Corporation of American and The GEO Group, stand to profit significantly from the private immigration detention center. Several investigative reports have focused on how these companies stand to profit, but little attention has been given to the psychosocial consequences that impact immigrant detainees and their families.     

Missed opportunities: learning from the mistakes at Attica

The Attica prison riot was the culmination of years of increasing tension between the urban, racial, and ethnic minorities held at the prison and the rural, white officers, and administrators responsible for incarcerating them. While race was certainly an important factor in the riot, there were also a number of problems at the prison that prompted inmates of all races to unite against the New York State Department of Correctional Services and the state government. Inmates’ frustration increased as they waited for reforms that were promised but never materialized. As inmates’ patience waned, the prison administration made a number of decisions that damaged its ability to maintain peace and respond to problems. A review of the circumstances leading to the riot at the Attica Penitentiary in September 1971 is included as well as an analysis of some more recent riots where similar conditions and warning signs were present.     

Cautioning jurors regarding co-witness discussion: the impact of judicial warnings

Abstract

The research seeks to identify the most common problem areas and associated treatment needs of incarcerated and recently released offenders, to determine the importance of prison-based treatment and to assess the motivation of offenders towards treatment. Interviews were scheduled with representatives of three participant categories: drug-involved incarcerated offenders (n=18), recently released prisoners (n=15) and treatment staff members (n=18), resulting in 1971 statements. Using the qualitative software package WinMAX98, these expressions were categorized in a tree structure, after a codification process of the raw material. The results suggest that there is a difference in opinion between offenders and service providers with regard to the most important problems related to incarceration and re-entry. The findings further indicate that released offenders struggle more often than incarcerated offenders with problems concerning their psychological status. Therefore, the need for continuous through-care and aftercare is apparent, as is the necessity to assess the participants’ support expectancies and their individual needs. Motivating offenders to take part in (prison-based) treatment initiatives and aftercare is a major challenge, which can be accomplished by cooperation and partnerships between the criminal justice system and community-based treatment providers.     

Gang activity in English prisons: The prisoners’ perspective

Abstract

Gang activity in American prisons has resulted in serious problems for prisoners and staff. This study assessed prisoners’ perceptions of gang-event frequency in the UK. Interviews with 360 prisoners from nine prisons in England and Wales indicated gang-related events were perceived as more frequent in all male categories of prison than they were in female institutions. Prisoners reported drug possession and prisoner groups being formed along regional origins as the most frequent gang-related activities. Recidivists perceived higher levels of gang-related activity than did first-time prisoners. Gang-related variables also predicted prisoners’ perceptions that groups of prisoners have more control over events in the prison than do staff and that order in the prison may not be maintained. The merits of interviewing prisoners and the implications of the results for maintaining order in prison are discussed.