Browsing by Issue Date, starting with "2014-08"
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- Are There Non-linear Effects of Banking Relationships and Ownership Concentration on Operational Performance? Empirical Evidence from Portuguese SMEs Using Cross-section Analysis and Panel DataPublication . Pinto, António; Augusto, MárioThis paper provides new evidence for the relationship between the stability of the banking relationship, ownership concentration and operating profitability, supporting non-linear effects between those variables in the context of small and medium enterprises (SMEs). From a sample of 4,163 Portuguese SMEs and cross-section data and panel data, we found evidence for a U-shaped quadratic relationship between the stability of the banking relationship and operational performance. This result indicates that the consolidation of new banking relationships, the difficulties experienced by SMEs in overcoming the problems of adverse selection and moral hazard reflect negatively on their operating profitability. However, when the banking relationship is solidified, and banking institutions acquire information, supervision and monitoring costs decrease, credit constraints are lower and contractual conditions are tailored to the needs of the company, with positive impacts on operating profitability. In turn, the quadratic specification established between ownership concentration and operating profitability suggests that the expropriation hypothesis prevails for low levels of control rights and the supervision hypothesis prevails for high levels.
- From the 19-Century Novel to the Portuguese Contemporary Film AdaptationPublication . Sobral, Filomena AntunesThe literary adaptations of canonical novels for film provide a unique repository of both identity contents and socio-cultural observations which can be revisited through the filmic representations. These recreations symbolize not only a privileged visual interpretation of a nation, but they also allow us to examine how a given society reflects itself through the fiction. In this sense, the objective of this paper is to reflect upon the Portuguese updated filmic adaptation of The Crime of Father Amaro (1880) by the canonical author Eça de Queiroz. On one hand, the author intends to rethink about the Portuguese identity portrayed by the film and, at the same time, the author manages to observe how the Portuguese society is revealed. On the other hand, the paper aims to analyze the particular process of the adaptation of The Crime of Father Amaro following a qualitative methodology.
- Performance change in the sprint test of women’s Basketball senior playersPublication . José Miranda Gonçalves, FranciscoBasketball is a game of opposition and cooperation where the work undertaken by players goes from activities such as walking to running and high intensity sprints, making it relevant to study the explosive ability to perform actions, such as sprint. The goal set out with this study was to analyze the speed in basketball, its repeated sprints, to assess the progress in the speed of the athletes sprinting, determining the number of sprints that the players can make with maximum intensity until they reach the onset of fatigue, thus predicting their ability to perform repeated high intensity sprints during the competition. Two women's basketball senior athletes were used, to whom the sprint test was applied, with 10 repetitions of 25 m and change of direction. The principal findings achieved showed that in both athletes, there was a gradual increase in runtime in the initial phase of the test, which was followed by a subsequent decrease as a consequence of adaptation. From about the middle of the test, the athletes had higher execution times which were related to the fatigue. These values decreased again, remaining more or less stable until the end of the test.