Jorge Neves, Manuela Neves and Katja Janssens
Seeks to integrate the complete design process beginning with a design created with the mathematical perception of fractal geometry, followed by the introduction of these images…
Abstract
Seeks to integrate the complete design process beginning with a design created with the mathematical perception of fractal geometry, followed by the introduction of these images into CAD systems and its adjustment to the technical and aesthetic limitations of the printing industry. The result is an artwork created on a pure mathematical basis using the most recent techniques of computer‐aided textile design.
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Maria Elisabete Neves, Mário Abreu Pinto, Carla Manuela de Assunção Fernandes and Elisabete Fátima Simões Vieira
This study aims to analyze the returns obtained from companies with strong growth potential (growth stocks) and the returns from companies with quite low stock prices, but with…
Abstract
Purpose
This study aims to analyze the returns obtained from companies with strong growth potential (growth stocks) and the returns from companies with quite low stock prices, but with high value (value stocks).
Design/methodology/approach
The sample comprises monthly data, from January 2002 to December 2016, from seven countries, Germany, France, Switzerland, the UK, Portugal, the USA and Japan. The authors have used linear regression models for three different periods, the pre-crisis, subprime crisis and post-crisis period.
Findings
The results point out that the performance of value and growth stocks differs from different periods surrounding the global financial crisis. In fact, for six countries, value stocks outperformed growth stocks in the period that precedes the subprime crisis and during the crisis, this tendency remained only for France, Portugal and Japan. This trend changed in the period following the crisis. The results also show that investor sentiment has a robust significance in value and growth stock returns, mostly in the period before the crisis, highlighting that the investor sentiment is more significant in the moments that the value stocks outperformed.
Originality/value
As far as the authors know, this is the first work that, taking into account the future research lines of Capaul et al. (1993), investigates whether the results obtained by those authors remain current, meeting the authors’ challenge and covering the gap of recent studies on the performance of value and growth stocks. Besides, the authors have introduced a new country, heavily punished by both the global financial crisis and the sovereign debt crisis to understand whether there are significant differences in investment styles and whether this is related to the different economies. Also, in this context, the authors were pioneers in adding investor sentiment as an exogenous variable in the influence of stock returns.
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Sónia Maria Martins Caridade, Rosa Saavedra, Rita Ribeiro, Ana Cristina Oliveira, Manuela Santos, Iris Sofia Almeida and Cristina Soeiro
This paper aims to characterize the type of support provided to victims of violence against women and domestic violence (VAWDV) during the first lockdown, assessing the training…
Abstract
Purpose
This paper aims to characterize the type of support provided to victims of violence against women and domestic violence (VAWDV) during the first lockdown, assessing the training of professionals to use remote support (RS).
Design/methodology/approach
This cross-sectional study involves a sample of 196 support professionals, mainly women (91.8%) and who integrate the Portuguese National Support Network for victims of domestic violence (NSNVDV) (Mean age = 36.49; SD = 10.52).
Findings
Telephone emerges as the main RS communication media used in the lockdown (43.9%) and the emergency state periods (57.1%). Participants reported to have never used any social applications (41.8% vs 41.8%) or videoconference (46.4% vs 58.2%), in both periods assessed, i.e. lockdown and emergency state, respectively, and 82.7% assumed to have no training with RS to assist VAWDV victims. However, support professionals recognized several advantages in using RS such as dealing with isolation, reducing inhibition, fear and shame and in promoting the victims’ empowerment.
Research limitations/implications
Given the exploratory nature of this study, only descriptive analyzes were conducted.
Originality/value
During the COVID-19 pandemic, little is known about effective RS given by professionals to victims of VAWDV in the Portuguese context. The paper aims to add knowledge to the studied field.
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Soraia Garcês, Margarida Pocinho and Saúl Neves de Jesus
Today's tourists seek authenticity and high-quality experiences. This chapter presents exploratory results from a tourist well-being project conducted in Madeira Island, Portugal…
Abstract
Today's tourists seek authenticity and high-quality experiences. This chapter presents exploratory results from a tourist well-being project conducted in Madeira Island, Portugal. Using a tourism well-being scale, onsite and online data were collected in 2019. The study suggests that tourists with higher well-being are younger, have lower qualifications, are retired and/or students, first timers, and mainly Portuguese (mainland). Participants identify gastronomy, walk in nature, and landscape as the three most enjoyed activities/experiences. Results showed that tourists in Madeira want to have fun, experience something unique, and develop positive relationships. This study opens doors to offer customized experiences considering tourists psychological profile and their well-being.
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Maria Elisabete Duarte Neves, Luís Baptista, António Gomes Dias and Inês Lisboa
This paper aims to analyze the determinants of Portuguese energy companies' performance.
Abstract
Purpose
This paper aims to analyze the determinants of Portuguese energy companies' performance.
Design/methodology/approach
To achieve our objective, we have used data from 457 Portuguese energy companies, in the period between 2011 and 2018. Three dependent variables were tested using panel data, through the generalized method of moments (GMM) estimation method.
Findings
The results point out that the determinants of companies' performance change according to how different stakeholders appreciate corporate performance. In general, shareholders are concerned with maintaining their levels of profitability over time as well as with the company's market image. Managers are centered on maintaining solid margins on EBITDA through good management of cash flow, leverage and current assets. For the rest of the stakeholders, including global society, debt and investments in tangible fixed assets reduce profitability while investments in immaterial assets help to create value and performance for energy companies.
Originality/value
As far as the authors are aware, this is the first time that a study has been carried out in the Portuguese energy sector using the GMM-system model for three different stakeholders' views of corporate performance determinants.
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Ana Rita Nunes da Silva and Rosalina Pisco Costa
This study explores the relations between home and family in times of a pandemic, transporting the family away from the family home and, apparently, from the family itself…
Abstract
This study explores the relations between home and family in times of a pandemic, transporting the family away from the family home and, apparently, from the family itself. Specifically, it focuses art, culture, and society by shedding light on the enduring role of family rituals in creating and sustaining family identity while affirming the role of information and communication technology (ICT), in both the construction and reproduction of the family dynamics amid pandemic times. Reflection is taken upon a live-by-Zoom art exhibition opening. Family photo albums and several artifacts are used to show the family history, and, at the same time, the installed objects and surrounding narratives invite others to imagine the artist’s family as well as each audience member’s own family. The opening took place in March 2021, during the second lockdown in Portugal. Methodologically, the chapter draws on data collected through direct observation and autoethnography. Inspired by an arts-based approach, narrative is built on storytelling sociology, while using writing as a method of inquiry and reflexive composition to overcome the limits of the personal narrative. By the end, it is argued that as families “live” at Zoom, family rituals too. Zoom platform reproduces the family atmosphere, opportunities, and constraints. Looking at the art exhibit opening as a family ritual allows one to think about how individuals experienced family gatherings during the pandemic, but also how art might generate such familial intimacies in such exceptional times.
Maria Elisabete Neves, Elisabete Vieira and Zélia Serrasqueiro
This paper aims to study the influence of some company-specific characteristics, corporate governance factors and macroeconomic factors on the Portuguese companies’ performance.
Abstract
Purpose
This paper aims to study the influence of some company-specific characteristics, corporate governance factors and macroeconomic factors on the Portuguese companies’ performance.
Design/methodology/approach
To achieve this aim, the authors have used data from 39 Euronext Lisbon companies for the period between 2014 and 2019. The authors used panel data methodology, specifically the generalized method of moments estimation method by Arellano and Bover (1995) and Blundell and Bond (1998).
Findings
The results point out that the sign and significance of the determinants of corporate performance change depending on the variable used to measure performance. The Tobin’s Q variable, as a market variable and variable of interest to potential investors, is explained by some corporate governance variables and company-specific factors. Specifically, potential investors are confident in the leadership power of the chief executive office (CEO) and the members of the Board of Directors, which contributes positively to corporate performance. However, the firms’ age has a negative impact on Tobin’s Q. Considering an accounting variable managed internally by the organizations, the results show that return on assets is negatively influenced by leverage, and positively affected by CEO duality, which the manager believes is decisive to maintain performance levels.
Originality/value
To the best of the authors’ knowledge, this study is the first to analyze specific characteristics of companies and corporate governance factors, in a specific macroeconomic environment of high dependence on banking, considering the nonlinear effect of company age on company performance.
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Abyiot Teklu Meshesha, Belay Simane Birhanu and Mintewab Bezabih Ayele
This study aims to examine smallholder farmers’ perceptions toward the adoption of climate-smart agriculture (CSA) in smallholder farmers in the Upper Blue Nile Highlands of…
Abstract
Purpose
This study aims to examine smallholder farmers’ perceptions toward the adoption of climate-smart agriculture (CSA) in smallholder farmers in the Upper Blue Nile Highlands of Ethiopia. Available research focused on profitability and economic constraints alone, disregarding the farmers’ perception of the adoption of CSA innovations. There is relatively little empirical work on farmers’ perceptions of innovations. Hence, a critical research gap that will strengthen CSA innovation research and practice includes understanding farmers’ perceptions about CSA innovations and how these perceptions interact with their adoption.
Design/methodology/approach
A cross-sectional household survey was conducted among 424 smallholder farmers selected from five agro-ecosystems. A structured questionnaire was used to collect primary data and a review of literature and documents was used to collect secondary data. The study used a multivariate probit model to examine perception factors affecting the likelihood of adopting multiple CSA innovations. The dependent variables were eight CSA innovations, while the independent variables were crafted from the three pillars of CSA.
Findings
Major CSA innovations adopted by farmers include improved variety, crop residue management, crop rotation, compost, row planting, soil and water conservation, intercropping and agroforestry. Farmers’ perception toward CSA innovations includes: CSA innovations sustainably increase productivity and income; enhance soil fertility; diversify livestock feed and energy sources; reduce soil erosion, weed infestation and crop failure; enhance soil organic matter, reduce chemical fertilizer use and rehabilitate land. Farmers’ positive perceptions of the benefits of CSA innovations for increasing crop productivity, reducing agricultural vulnerability to climate change and lowering farm greenhouse gas emissions have boosted adoption.
Practical implications
Farmers’ perceptions toward CSA innovations must be enhanced to increase the adoption of CSA innovations in the smallholder agriculture system. The CSA innovation scale-up strategies should focus on farmers’ perception of CSA innovation benefits toward food security, climate change adaption and mitigation outcomes. Awareness of CSA needs the close collaboration of public extension as well as local institutions such as farmers’ training centers.
Originality/value
The study adopts a multivariate probit model that models farmers’ simultaneous CSA innovation choices. Hence, this study contributes to the literature in four significant areas. First, it argues for differential treatment of the perception of smallholder farmers about innovations is needed. Second, it recognizes the interdependence of the adoption of innovations. Third, it directly assesses the farmers’ perception, while others use proxies to measure it. Finally, there are limited or no studies that address the perception of innovations within the lens of adopter perception theory.