The design and use of annual budgets to cope with uncertainty

A Work Project, presented as part of the requirements for the Award of a Masters Degree in Finance from the NOVA – School of Business and Economics

Reporting earnings per share: Evidence from Portuguese annual reports

A Work Project, presented as part of the requirements for the Award of a Masters Degree in Finance from the NOVA – School of Business and Economics

Are annual budgets being abandoned by companies operating in Portugal?: Evidence from the 500 “Maiores e Melhores”

A Work Project, presented as part of the requirements for the Award of a Masters Degree in Finance from the NOVA – School of Business and Economics

Produção de milheto em consórcio com gramíneas forrageiras no semiárido cearense.

Resumo: Objetivou-se avaliar gramíneas com reconhecida tolerância a períodos de estresse hídrico em consórcio com a cultura do milheto e doses de nitrogênio. O ensaio foi realizado em Sobral-CE, em delineamento em blocos casualizados com os tratamentos sendo o consórcio da cultura do milheto com o capim-buffel ou capim-massai, com 3 doses de adubação em cobertura para o milheto, sendo: 0, 50 e 100 kg ha-1 de nitrogênio, e o tratamento testemunha sendo o plantio do milheto solteiro sem adubação de cobertura; com 3 blocos. Avaliaram-se os dados biométricos e produtividade de massa seca. O consórcio de culturas anuais com gramíneas forrageiras é alternativa interessante para produção de volumoso em região semiárida. O consórcio de milheto e capim-massai mostrou-se superior para dados biométricos e produtividade. O emprego de 100 kg ha-1 de N em cobertura na cultura do milheto propiciou maior produtividade de massa seca. [Millet production with forage consortium in semiarid region of State of Ceará]. Abstract: This study aimed to evaluate grasses with recognized tolerance to periods of water stress in partnership with millet cultivation and doses of nitrogen. The test was conducted in Sobral-CE, at a randomized block with treatments and millet culture consortium with buffel grass or massai grass with 3 fertilizer levels at coverage for millet, as follows: 50 and 100 kg ha-1 of nitrogen, and the control treatment being the planting millet single without cover fertilization; with 3 blocks. Evaluated were the biometric data and dry matter productivity. The consortium of annual crops with grasses is interesting alternative to massive production for semi-arid region. The consortium millet and massai grass was superior to biometric data and productivity. The use of 100 kg ha-1 of N topdressing in the millet culture provided greater dry mass productivity.

Graph usage in annual reports, evidence from Norwegian listed companies

As investors and other users of annual reports often focus their attention on graphs, it is important that they portray accurate and reliable information. However, previous studies show that graphs often distort information and mislead users. This study analyses graph usage in annual reports from the 52 most traded Norwegian companies. The findings suggest that Norwegian companies commonly use graphs, and that the graph distortions, presentational enhancement and measurement distortion, are present. No evidence of selectivity was found. This study recommends development of guidelines for graphical disclosure, and advises preparers and users of annual reports to be aware of misleading graphs.

School governance and academic excellence: the representations of distinguished students in an annual award of excellence

Within a research project on «academic excellence in the state school», this paper is a contribution to the sociological reflection on the cultural and organisational characteristics of the school and its relationship with the academic success of students. The data we present stem from a case study underway at a secondary school in the north of Portugal, referring to the universe of students that since 2003 have distinguished themselves for achieving grades equal to or greater than 18 (on a scale of 0 to 20) and have thus been included in the school’s Framework of Excellence. From a contextual approach to this educational practice, we focused on the cultural characteristics of the school/subject as analytical support for the study of school and non-school dimensions in their mutual connections. To this end, we used the information from document analysis and data collected from a questionnaire survey administered to more than two-thirds of the students included in the above-mentioned Framework of Excellence. Subsequently, we will use the data from this survey to understand the extent to which academic excellence is perceived as an indivisible social construction of the school’s political and organisational matrix, particularly in terms of the educational and teaching guidelines adopted by the management body. We will conclude by questioning the meaning of the school’s management policies regarding the emphasis on educational outcomes, with particular focus on the representations of excellent students in the processes of school leadership, teaching organisation, school merit and justice.