Graph usage in financial reports: Evidence from Portuguese listed companies

When assessing investment options, investors focus on the graphs of annual reports, despite lack of auditing. If poorly constructed, graphs distort perceptions and lead to inaccurate decisions. This study examines graph usage in all the companies listed on Euronext Lisbon in 2013. The findings suggest that graphs are common in the annual reports of Portuguese companies and that, while there is no evidence of Selectivity Distortion, both Measurement and Orientation Distortions are pervasive. The study recommends the auditing of financial graphs, and urges preparers and users of annual reports to be wary of the possibility of graph distortion.

Treatment of American tegumentary leishmaniasis in special populations: a summary of evidence

We aimed to assess and synthesize the information available in the literature regarding the treatment of American tegumentary leishmaniasis in special populations. We searched MEDLINE (via PubMed), EMBASE, LILACS, SciELO, Scopus, Cochrane Library and mRCT databases to identify clinical trials and observational studies that assessed the pharmacological treatment of the following groups of patients: pregnant women, nursing mothers, children, the elderly, individuals with chronic diseases and individuals with suppressed immune systems. The quality of evidence was assessed using the Grading of Recommendations, Assessment, Development and Evaluations (GRADE) approach. The available evidence suggests that the treatments of choice for each population or disease entity are as follows: nursing mothers and children (meglumine antimoniate or pentamidine), patients with renal disease (amphotericin B or miltefosine), patients with heart disease (amphotericin B, miltefosine or pentamidine), immunosuppressed patients (liposomal amphotericin), the elderly (meglumine antimoniate), pregnant women (amphotericin B) and patients with liver disease (no evidence available). The quality of evidence is low or very low for all groups. Accurate controlled studies are required to fill in the gaps in evidence for treatment in special populations. Post-marketing surveillance programs could also collect relevant information to guide treatment decision-making.

Comprehensive income: evidence from Portuguese listed companies on reporting choices and value relevance

This work project aims at analysing choices related to Comprehensive income (CI) of Portuguese listed firms and understanding the reasons behind them. Additionally, it studies the relevance of CI versus Net Income (NI). It was found that firm’s size and volume of Other comprehensive income (OCI) are positively related with the choice for separate statements while smaller firms with positive NI and negative OCI tend to disclose less information about taxes. The value relevance of CI proved to be superior to that of NI but OCI seems to have no incremental value relevance.

Impact of mobile app user acquisition on managerial decisions: Evidence from empirical experiment

In this research we conducted a mixed research, using qualitative and quantitative analysis to study the relationship and impact between mobile advertisement and mobile app user acquisition and the conclusions companies can derive from it. Data was gathered from management of mobile advertisement campaigns of a portfolio of three different mobile apps. We found that a number of implications can be extracted from this intersection, namely to product development, internationalisation and management of marketing budget. We propose further research on alternative app users sources, impact of revenue on apps and exploitation of product segments: wearable technology and Internet of Things.

Aplicação da teoria moderna do portfólio à selecção de canais de marketing digital

O intuito desta dissertação é investigar em que medida a Teoria Moderna do Portfólio pode ser aplicada à selecção de um portfólio de canais ou de tácticas de Marketing Digital, de modo a obter o melhor compromisso entre o retorno esperado do investimento e o respectivo risco. Anteriores aplicações da teoria do portfólio ao Marketing, enquanto meio de racionalizar a selecção do portfólio, concentraram-se no uso deste modelo em decisões relacionadas com portfólios de produtos, de clientes e segmentos de clientes, de formatos de retalho e de promoções de preço. Não se encontraram evidências de que a abordagem proposta neste texto tenha já sido tentada. A evolução tecnológica nas últimas duas décadas trouxe a adopção generalizada de smartphones e tablets e também a revolução da internet, originando a proliferação do e-mail, dos blogs e dos sites de redes sociais. Devido à infinidade de meios para chegar aos consumidores, os marketers enfrentam actualmente grandes desafios no planeamento e na definição das suas estratégias de Marketing. Em resposta, consultoras detêm ferramentas para a análise de portfólios de canais de Marketing que permitem às empresas e aos marketers, em particular, melhorar o desempenho da sua actividade e maximizar o rendimento da sua despesa de Marketing. Contudo, além de dispendiosas e estritamente analíticas, estas ferramentas são muito sofisticadas, baseando-se em algoritmos e raciocínios complexos que nem sempre são evidentes para os marketers, o que dificulta a sua compreensão e consequentemente a sua adopção. Sem uma ferramenta de análise, é frequente os marketers fundamentarem as suas decisões nos resultados das campanhas online anteriores, registados pelas Web Analytics, e na sua experiência profissional. Assim, crê-se que a Teoria Moderna do Portfólio, baseando-se em conceitos estatísticos simples, possa representar para os marketers uma ferramenta útil no apoio à selecção do conjunto de canais ou de tácticas de Marketing Digital que melhor se adequa aos interesses e aos objectivos estratégicos das organizações. A Teoria Moderna do Portfólio tem como principais vantagens a análise e selecção de portfólios com base na sua combinação de retorno esperado e risco de investimento (retorno ajustado ao risco), por oposição a considerar exclusivamente o retorno esperado, e a simplicidade estatística do modelo, por oposição aos softwares das consultoras. O presente estudo fundamentou-se na literatura existente acerca da Teoria Moderna do Portfólio, concebida em 1952 por Harry Markowitz, bem como no conceito de Sharpe Ratio, por William Sharpe, tendo-se revisto também conceitos genéricos de Marketing e Marketing Digital. Dado que a medição do retorno financeiro do investimento em Marketing – central ao estudo – não é tão linear quanto a medição dos retornos de activos financeiros, revelou-se necessário introduzir algumas alterações à teoria do portfólio original. Estas alterações tomaram em consideração as principais conclusões dos estudos anteriores sobre a aplicação do modelo a outras áreas. Para desenvolver o modelo proposto, utilizou-se o Microsoft Excel. Seguidamente, procedeu-se à sua prova de conceito através de uma abordagem empírica, utilizando dados de uma empresa portuguesa de Marketing Digital. Concluiu-se que é possível aplicar a Teoria Moderna do Portfólio à selecção de canais ou tácticas de Marketing Digital de uma empresa, com as devidas adaptações, para determinar as parcelas do orçamento de comunicação de uma organização a alocar a cada tipo de canal ou táctica.

Serological evidence for Saint Louis encephalitis virus in free-ranging New World monkeys and horses within the upper Paraná River basin region, Southern Brazil

Introduction Saint Louis encephalitis virus (SLEV) primarily occurs in the Americas and produces disease predominantly in humans. This study investigated the serological presence of SLEV in nonhuman primates and horses from southern Brazil. Methods From June 2004 to December 2005, sera from 133 monkeys (Alouatta caraya, n=43; Sapajus nigritus, n=64; Sapajus cay, n=26) trap-captured at the Paraná River basin region and 23 blood samples from farm horses were obtained and used for the serological detection of a panel of 19 arboviruses. All samples were analyzed in a hemagglutination inhibition (HI) assay; positive monkey samples were confirmed in a mouse neutralization test (MNT). Additionally, all blood samples were inoculated into C6/36 cell culture for viral isolation. Results Positive seroreactivity was only observed for SLEV. A prevalence of SLEV antibodies in sera was detected in Alouatta caraya (11.6%; 5/43), Sapajus nigritus (12.5%; 8/64), and S. cay (30.8%; 8/26) monkeys with the HI assay. Of the monkeys, 2.3% (1/42) of A. caraya, 6.3% 94/64) of S. nigritus, and 15.4% (4/26) of S. cay were positive for SLEV in the MNT. Additionally, SLEV antibodies were detected by HI in 39.1% (9/23) of the horses evaluated in this study. Arboviruses were not isolated from any blood sample. Conclusions These results confirmed the presence of SLEV in nonhuman primates and horses from southern Brazil. These findings most likely represent the first detection of this virus in nonhuman primates beyond the Amazon region. The detection of SLEV in animals within a geographical region distant from the Amazon basin suggests that there may be widespread and undiagnosed dissemination of this disease in Brazil.

Lack of evidence for human infection with Xenotropic murine leukemia virus-related virus in the Brazilian Amazon basin

Introduction This study confirmed the absence of natural infection with Xenotropic murine leukemia virus-related virus (XMRV) or XMRV-related disease in human populations of the Brazilian Amazon basin. We demonstrated that 803 individuals of both sexes, who were residents of Belem in the Brazilian State of Pará, were not infected with XMRV. Methods Individuals were divided into 4 subgroups: healthy individuals, individuals infected with human immunodeficiency virus, type 1 (HIV-1), individuals infected with human T-lymphotrophic virus, types 1 or 2 (HTLV-1/2), and individuals with prostate cancer. XMRV infection was investigated by nested PCR to detect the viral gag gene and by quantitative PCR to detect pol. Results There was no amplification of either gag or pol segments from XRMV in any of the samples examined. Conclusions This study supports the conclusions of the studies that eventually led to the retraction of the original study reporting the association between XMRV and human diseases.

O Corpo Masculino Queer e Digital na Arte Contemporânea: Ryan Trecartin e Jacolby Satterwhite

Esta dissertação pretende analisar as práticas de dois artistas contemporâneos, Ryan Trecartin e Jacolby Satterwhite, nomeadamente a nível do modo como trabalham a intersecção do vídeo digital e da performance como forma de manifestação de corporalizações queer através do corpo masculino. Mais concretamente, interessa-nos focar processos de “queerificação” e de produção de corpos que emergem intrinsecamente pelo médium digital, e que exploram as possibilidades transformativas do médium tanto a nível de representação, criação e mutação de formas, como a nível comunicacional e de possibilidades de subjectivação e corporalizações múltiplas. Para tal, partimos dos dois campos teóricos que se mostraram mais pertinentes relativamente aos processos artísticos em análise, nomeadamente: a teoria queer pelo modo como definiu o carácter performativo das normas de género e as categorizações identitárias sexuais como suporte da heteronormatividade, identificando estratégias para a sua re-significação; e o pensamento sobre a relação do corpo com o médium digital, pelo modo como delineou processos de corporalização através da tecnologia digital. A análise dos processos artísticos de Ryan Trecartin e Jacolby Satterwhite demonstra como a arte contemporânea é um território fértil não apenas para a exposição de matrizes normativas de opressão, mas também para a criação de mundos radicalmente queer em que, fazendo uso do potencial transformativo do médium digital, se manifestam realidades e corpos onde a normatividade é totalmente implodida.

Energy efficiency in energy policy: Empirical evidence of direct rebound effect in Portuguese household's demand for electricity

This project the direct rebound effect for the electricity demand in Portugal. While we find evidence of such an effect, the estimations also reflect the institutional arrangement that has characterized the electricity market in the country. Also, issues related to energy efficiency promotion are addressed in general putting into context the case study developed.

Health-related quality of life in patients with Chagas disease: a review of the evidence

Chagas disease (ChD), a neglected tropical disease caused by infection with the parasite Trypanosoma cruzi (T. cruzi), remains a serious public health issue in Latin America and is an emerging disease in several non-endemic countries, where knowledge of the condition and experience with its clinical management are limited. Regionally, the disease is the major cause of disability secondary to tropical diseases in young adults. Health-related quality of life (HRQoL) impairment is common in patients with ChD, especially in those with Chagas dilated cardiomyopathy, the most severe manifestation of the disease, which frequently leads to heart failure. The aim of this review was to conduct a literature search for studies that have evaluated the determining factors of HRQoL in ChD patients. We included cross-sectional, case-control, cohort, and experimental studies, as well as clinical trials that evaluated the HRQoL in ChD patients aged 18 to 60 years and are presenting an explicit description of statistical analysis. Using a combination of keywords based on Descriptors in Health Sciences (DeCS) and Medical Subject Headings (MeSH) for searches in PubMed and the Scientific Electronic Library Online (SciELO), 148 studies were found. After exclusions, 12 studies were selected for analysis. Three main findings were extracted from these studies: 1) cardiac involvement is associated with a worse HRQoL in ChD patients; 2) HRQoL is associated with the patients' functional capacity; and 3) simple and inexpensive therapeutic measures are effective for improving HRQoL in ChD patients. Hence, ChD patients' functional capacity, the effectiveness of non-surgical conservative treatment, and cardiac involvement are important determining factors for the HRQoL in ChD patients.

From "Humanities and Computing" to "Digital Humanities": Digital Humanities in Portugal with a focus on Historical Research

In the following text I will develop three major aspects. The first is to draw attention to those who seem to have been the disciplinary fields where, despite everything, the Digital Humanities (in the broad perspective as will be regarded here) have asserted themselves in a more comprehensive manner. I think it is here that I run into greater risks, not only for what I have mentioned above, but certainly because a significant part, perhaps, of the achievements and of the researchers might have escaped the look that I sought to cast upon the past few decades, always influenced by my own experience and the work carried out in the field of History. But this can be considered as a work in progress and it is open to criticism and suggestions. A second point to note is that emphasis will be given to the main lines of development in the relationship between historical research and digital methodologies, resources and tools. Finally, I will try to make a brief analysis of what has been the Digital Humanities discourse appropriation in recent years, with very debatable data and methods for sure, because studies are still scarce and little systematic information is available that would allow to go beyond an introductory reflection.

Rifapentine for latent tuberculosis infection treatment in the general population and human immunodeficiency virus-positive patients: summary of evidence

AbstractLatent tuberculosis infection (LTBI) and human immunodeficiency virus (HIV)-coinfection are challenges in the control of tuberculosis transmission. We aimed to assess and summarize evidence available in the literature regarding the treatment of LTBI in both the general and HIV-positive population, in order to support decision making by the Brazilian Tuberculosis Control Program for LTBI chemoprophylaxis. We searched MEDLINE, Cochrane Library, Centre for Reviews and Dissemination, Embase, LILACS, SciELO, Trip database, National Guideline Clearinghouse, and the Brazilian Theses Repository to identify systematic reviews, randomized clinical trials, clinical guidelines, evidence-based synopses, reports of health technology assessment agencies, and theses that investigated rifapentine and isoniazid combination compared to isoniazid monotherapy. We assessed the quality of evidence from randomized clinical trials using the Jadad Scale and recommendations from other evidence sources using the Grading of Recommendations, Assessment, Development, and Evaluations approach. The available evidence suggests that there are no differences between rifapentine + isoniazid short-course treatment and the standard 6-month isoniazid therapy in reducing active tuberculosis incidence or death. Adherence was better with directly observed rifapentine therapy compared to self-administered isoniazid. The quality of evidence obtained was moderate, and on the basis of this evidence, rifapentine is recommended by one guideline. Available evidence assessment considering the perspective of higher adherence rates, lower costs, and local peculiarity context might support rifapentine use for LTBI in the general or HIV-positive populations. Since novel trials are ongoing, further studies should include patients on antiretroviral therapy.

Universal banks and corporate control: Evidence from the global syndicated loan market

We investigate the effects of bank control over borrower firms whether by representation on boards of directors or by the holding of shares through bank asset management divisions. Using a large sample of syndicated loans, we find that banks are more likely to act as lead arrangers in loans when they exert some control over the borrower firm. Bank-firm governance links are associated with higher loan spreads during the 2003-2006 credit boom, but lower spreads during the 2007-2008 financial crisis. Additionally, these links mitigate credit rationing effects during the crisis. The results are robust to several methods to correct for the endogeneity of the bank- firm governance link. Our evidence, consistent with intertemporal smoothing of loan rates, suggests there are costs and benefits from banks’ involvement in firm governance.

Revista de Bordo Digital

A revista de bordo é um produto editorial bem conhecido do passageiro aéreo. Ela faz parte do universo da aviação há várias décadas, servindo tanto o propósito de distrair os passageiros com medo de voar, como o de veicular artigos de viagem de qualidade a amantes deste tipo de narrativa. Mas a crise financeira de 2008 e o aumento do preço do petróleo começaram a mudar a maneira como os gestores das companhias aéreas olham para este produto tão familiar aos passageiros. O novo século traz novos desafios e põe em causa a continuação deste tipo de publicação, pelo custo que representa para as companhias e para o meio ambiente. Mas a evolução da tecnologia e a crise que o próprio jornalismo atravessa na transição para o online podem conter a chave para este problema. Uma publicação de bordo nativa digital pode oferecer potencialidades únicas aos passageiros, ao mesmo tempo que lidera o caminho da inovação jornalística.