A Strategic Audit of CoreCivic
Date of this Version
Gahan, R. (2019). A strategic audit of CoreCivic. Undergraduate Honors Thesis. University of Nebraska-Lincoln.
CoreCivic is a private prison company headquartered in Nashville, Tennessee. Founded in 1983, CoreCivic exists to “better the public good.” The company believes it can do this through its three branches: CoreCivic Security, CoreCivic Community, and CoreCivic Properties.
CoreCivic Security is the main business segment. It is responsible for directly managing 77 correctional and detention facilities. CoreCivic Community is a small branch that attempts to ease the reentry process for inmates that are released. CoreCivic Properties is a vital part of CoreCivic, as this branch allows the company to operate as an REIT. Properties is responsible for providing real estate solutions. The company as a whole is in a comfortable position, but that could change as public opinion begins to shift.
This thesis examines CoreCivic’s current situation and recommends actions to take for the business to continue to better the public good.