Effects of the crisis on the functioning of companies.

Financial restructuring, rethinking of corporate strategy and business models. Improve efficiency in cost management and asse

Creative accounting in Spain : some evidence from Spanish quoted companies

The nature and incidence of earnings management practices have been examined in many research studies, especially in the United States. Research into such practices in Europe, and specifically in Spain has been less common. This paper makes a contribution to the existing literature by offering an analysis of certain features of Spanish accounting that can be classified as earnings management. The population of companies under review comprises those included in the IBEX-35 index, and so includes the largest companies in Spain. The effects upon earnings of four commonly encountered features in Spanish accounting practice are examined and quantified: audit report qualifications, special authorisations to override accounting regulation, changes in accounting policy and extraordinary items. The results of the analysis show that net earnings are affected to a significant extent by these items. The paper concludes that these relatively overt forms of earnings management are employed in the financial statements of several leading Spanish companies. While a reduction in the level of options offered by accounting regulation may help to reduce the incidence of earnings management, it is noted that a tightening of standards in one area tends to simply shift the location of earnings management. Remedial measures should, therefore, also include improvements in supervision

Female counsellors in the Spanish multinational listed companies (2012-2014)

One of the most important corporate governance controls widely studies the role performed by the board of directors and its consequences on the financial performance of companies. Different approaches analyse how a firm can improve its financial future and today parity on boards of directors represents a new research line. The presence of female counsellors may depend on legal and cultural approaches. As the institutional theory establishes, firms must be adapted to the countries where they operate in order to success when accessing financial markets. In this respect, this paper ads a new line of research based on whether a listed company operates in multiple countries or not and analyses the linkage between the multinational character of a company, the gender diversity of the board and the financial 2 performance of the firm. This paper focuses on Spain, which could be ground-breaking on female presence on boards, as Norway is, but only follow light recommendations. The method used is simple regression analysis. The results show that the multinational characteristic of listed companies has no effect on gender diversity but that gender has a negative relation with the financial performance of these firms. Our study also opens various lines of future research

Yearbook sectoral financial ratios in mexico for business benchmarking

Financial analysis through ratios is a useful tool for improving organizational performance. Databases of financial information in Mexico are limited, therefore the importance of an annual publication of financial ratios per company and industry average. The objectives of this research are: describe the financial ratios with higher predictive potential and their formulas, as well as the design of a research instrument for measuring the relevance of the publication. A descriptive methodology was applied selecting through the analysis ofempirical studies, several ratios of liquidity, leverage, asset management, business cycle, performance and self-financing. The questionnaire contains 43 reagents to be applied to a statistically representative sample of 46 entrepreneurs in Culiacan, Sinaloa, Mexico

Actuaciones universitarias ante la guerra de Ucrania: el caso de la Universidad Pompeu Fabra

El 24 de febrero de 2022 Rusia inició un ataque militar contra Ucrania. Desde el primer momento, la comunidad universitaria mostró su solidaridad con el pueblo ucraniano, impulsando numerosas iniciativas que han contado con el apoyo del gobierno de la Universidad Pompeu Fabra (UPF). Esta reacción está amparada en el Plan Estratégico de la Universidad 2016-2025 en el que uno de los ejes transversales es convertirse en una universidad sostenible y socialmente responsable. Dentro de este eje existen múltiples dimensiones y, sin duda, la solidaridad y la cooperación es una de ellas. El compromiso social requiere de cierta cintura para poder responder a situaciones sobrevenidas. En este artículo se mencionan algunas de las actuaciones que se han realizado en la UPF durante los primeros meses del conflicto, fruto de la necesidad urgente de actuación y también se apuntan las futuras líneas de trabajo más sosegadas y ambiciosas y que tienen un carácter más transversal dentro de la universida

A implantação do quadro de comando integral no setor agroalimentar: o caso do grupo alimentar guissona

The Guissona Food Group (located in the province of Lleida in Spain), was born with a strategic vision that has led it to position itself with remarkable success in the market. It has also implemented several management tools that have enabled the company to develop, adapt and grow for more than 50 years. This article discusses the implementation of a Balanced Scorecard (BSC) to monitor the aforementioned strategy. It is suggested to implement this particular tool, since it is the fifth most used management tool in the world according to the biannual study conducted by Bain & Company (Rigby & Bilodeau, 2013). BSC's proposal contained in this study includes 27 indicators, ranked the 4 perspectives proposed in the BSC.El Grupo Alimentario Guissona (ubicado en la provincia de Lleida en España), nació con una visión estratégica que le ha llevado a posicionarse con notable éxito en el mercado. Así mismo ha implementado diversas herramientas de gestión que le han permitido desarrollarse, adaptarse y crecer durante más de 50 años. El presente artículo plantea la implantación de un Cuadro de Mando Integral (CMI) para poder monitorear la referida estrategia. Se sugiere implementar esta herramienta concreta, ya que es la quinta herramienta de gestión más utilizada en el mundo según el estudio bianual que realiza Bain & Company (Rigby & Bilodeau, 2013). La propuesta de CMI contenida en el presente estudio incluye 27 indicadores, clasificados en las 4 perspectivas propuestas en el CMI.O Grupo Alimentar Guissona (localizado na província de Lleida em Espanha) nasceu com uma visão estratégica que o levou a se posicionar com notável sucesso no mercado. Desta maneira tem implementado diversas ferramentas de gerenciamento que lhe permitiram se desenvolver, se adaptar e crescer durante mais de 50 anos. O presente artigo propõe a implantação de um Quadro de Comando Integral (CMI, por sua sigla em espanhol) para poder monitorar a referida estratégia. Sugere-se implementar esta ferramenta concreta, visto que é a quinta ferramenta de gerenciamento mais utilizada no mundo segundo o estudo bianual que realiza Bain & Company (Rigby & Bilodeau, 2013). A proposta de CMI contida no presente estudo inclui 27 indicadores, classificados em 4 perspectivas propostas

Rotura de un aneurisma de arteria esplénica. A proposito de un caso y revisión de la literatura

La prevalencia de aneurismas esplénicos en la población general es del 0,8%, siendo más alta en mujeres que en hombres. El embarazo, la fibrodis plasia arterial y la hipertensión portal, con o sin esplenomegalia asociada, son factores de riesgo conocidos asociados al desarrollo de aneurismas esplénicos. Se presenta el caso clínico de una pa ciente nulípara de 24 años, sin factores de riesgo vasculares y con antecedentes de paludismo, que acudió al servicio de urgencias de nuestro centro por presentar dolor abdominal tras un vuelo en avión de larga distancia. La exploración física y las pruebas complementarias realizadas mostraron un shock hipovolémico por hemoperitoneo. A pe sar del tratamiento de apoyo, la paciente falleció antes de su entrada en quirófano. La necropsia mostró la rotura de un aneurisma sacular de la arteria esplénica como causa de muerte. Se discu te la posibilidad de que un barotrauma pueda ha ber sido la causa de rotura aneurismáti