Corporate governance models in business performance: empirical evidence in portuguese companies listed on Euronext Lisbon

The last few years were marked by differences of interests in the relationships established in the organizational structure and with consequences in terms of its added value created. With this become necessary to introduce mechanisms to align interests and supervise the activities of agents, in general, and shareholders and managers, in particular. This issue intersects with the topic of models of Corporate Governance (CG) and gains relevance following the latest international financial scandals. In this regard, and based in a sample of 48 enterprises listed on the Lisbon Stock Exchange it was sought to verify the existence of a positive association between the characteristics of the most widely used CG model in Portugal and business performance having been established 8 research hypotheses. The results obtained allowed to validate five of these research hypotheses leading to the conclusion that there is a positive association and statistically significant among the variables model of CG, size of the Board of Directors (CA), the number of independent members on the Board of Directors, existence of different people in the Board of Directors and Chief Executive Officer (CEO) role of president, independence of the CEO and business performance.info:eu-repo/semantics/publishedVersio

Influência das características dos modelos de corporate governance no desempenho empresarial: um estudo de caso das empresas cotadas em Portugal

As divergências de interesses nas relações estabelecidas numa organização moldam a atuação dos acionistas e gestores e tem consequências no seu desempenho. Esta problemática entronca na questão dos modelos de Corporate Governance (CG) e assume particular relevância no momento que vivemos. Neste contexto, tomando por base uma amostra de 48 empresas cotadas na Bolsa de Valores de Lisboa (Portugal), procurou-se verificar a existência de uma associação positiva entre as caraterísticas do modelo de CG mais utilizado em Portugal e o desempenho empresarial a partir de oito hipóteses de investigação. Os resultados obtidos permitiram validar cinco dessas hipóteses, levando a concluir que existe uma associação positiva e estatisticamente significativa entre o desempenho empresarial e as variáveis modelo de CG, dimensão do Conselho de Administração (CA), número de membros independentes no CA, existência de pessoas diferentes na função de presidente do CA e de Chief Executive Officer (CEO) e independência do CEO.info:eu-repo/semantics/publishedVersio

Phagocytosis and killing of epidemic methicillin-resistant Staphylococcus aureus by human neutrophils and monocytes

Staphylococcus aureus is a pathogen that has been associated with nosocomial infections since the preantibiotic era. Since the introduction of antibiotics in medical practice in the 1940 s, methicillin-resistant S. aureus (MRSA) strains have been emerging in various parts of the world. In view of the important role of the phagocytic system in the defense against this bacteria, we decided to study phagocytosis by neutrophils and monocytes of an epidemic MRSA strain in São Paulo, Brazil, in comparison with methicillin-sensitive strains. Complement system opsonins are fundamental for efficient ingestion of the resistant and sensitive strains by both types of phagocytes. We found no association of the opsonic requirement of the MRSA strain with the multiresistance phenotype. On the other hand, the MRSA strain was found to be more resistant to the effector mechanisms of neutrophils than both sensitive strains when opsonized with fresh serum, despite the phagocytosis results. This fact suggests that the intracellular killing of S. aureus is an additional parameter of bacterial virulence, but new approaches must be implemented to study the interactions of this MRSA strain with phagocytes in order to investigate the possible factors involved in its behavior in response to neutrophil effector mechanisms.Adolfo Lutz Institute Immunology SectionFederal University of São Paulo Department of Infectious and Parasitic DiseasesUNIFESP, Department of Infectious and Parasitic DiseasesSciEL

Bimodal Expansion of the Lymphatic Vessels Is Regulated by the Sequential Expression of IL-7 and Lymphotoxin α1β2 in Newly Formed Tertiary Lymphoid Structures.

Lymphangiogenesis associated with tertiary lymphoid structure (TLS) has been reported in numerous studies. However, the kinetics and dynamic changes occurring to the lymphatic vascular network during TLS development have not been studied. Using a viral-induced, resolving model of TLS formation in the salivary glands of adult mice we demonstrate that the expansion of the lymphatic vascular network is tightly regulated. Lymphatic vessel expansion occurs in two distinct phases. The first wave of expansion is dependent on IL-7. The second phase, responsible for leukocyte exit from the glands, is regulated by lymphotoxin (LT)βR signaling. These findings, while highlighting the tight regulation of the lymphatic response to inflammation, suggest that targeting the LTα1β2/LTβR pathway in TLS-associated pathologies might impair a natural proresolving mechanism for lymphocyte exit from the tissues and account for the failure of therapeutic strategies that target these molecules in diseases such as rheumatoid arthritis

A geometric approach to time evolution operators of Lie quantum systems

Lie systems in Quantum Mechanics are studied from a geometric point of view. In particular, we develop methods to obtain time evolution operators of time-dependent Schrodinger equations of Lie type and we show how these methods explain certain ad hoc methods used in previous papers in order to obtain exact solutions. Finally, several instances of time-dependent quadratic Hamiltonian are solved.Comment: Accepted for publication in the International Journal of Theoretical Physic

Schroedinger cat-like states by conditional measurements on a beam-splitter

A scheme for generating Schr\"{o}dinger cat-like states of a single-mode optical field by means of conditional measurement is proposed. Feeding into a beam splitter a squeezed vacuum and counting the photons in one of the output channels, the conditional states in the other output channel exhibit a number of properties that are very similar to those of superpositions of two coherent states with opposite phases. We present analytical and numerical results for the photon-number and quadrature-component distributions of the conditional states and their Wigner and Husimi functions. Further, we discuss the effect of realistic photocounting on the states.Comment: 6 figures(divided in subfigures) using a4.st

Entanglement transformation at absorbing and amplifying four-port devices

Dielectric four-port devices play an important role in optical quantum information processing. Since for causality reasons the permittivity is a complex function of frequency, dielectrics are typical examples of noisy quantum channels, which cannot preserve quantum coherence. To study the effects of quantum decoherence, we start from the quantized electromagnetic field in an arbitrary Kramers--Kronig dielectric of given complex permittivity and construct the transformation relating the output quantum state to the input quantum state, without placing restrictions on the frequency. We apply the formalism to some typical examples in quantum communication. In particular we show that for entangled qubits the Bell-basis states $|\Psi^\pm>$ are more robust against decoherence than the states $|\Phi^\pm>$.Comment: 12 pages, revtex, 10 eps figures, minor corrections in Appendi

Time-varying signal analysis to detect high-altitude periodic breathing in climbers ascending to extreme altitude

This work investigates the performance of cardiorespiratory analysis detecting periodic breathing (PB) in chest wall recordings in mountaineers climbing to extreme altitude. The breathing patterns of 34 mountaineers were monitored unobtrusively by inductance plethysmography, ECG and pulse oximetry using a portable recorder during climbs at altitudes between 4497 and 7546 m on Mt. Muztagh Ata. The minute ventilation (VE) and heart rate (HR) signals were studied, to identify visually scored PB, applying time-varying spectral, coherence and entropy analysis. In 411 climbing periods, 30–120 min in duration, high values of mean power (MPVE) and slope (MSlopeVE) of the modulation frequency band of VE, accurately identified PB, with an area under the ROC curve of 88 and 89 %, respectively. Prolonged stay at altitude was associated with an increase in PB. During PB episodes, higher peak power of ventilatory (MPVE) and cardiac (MPLF HR) oscillations and cardiorespiratory coherence (MPLFCoher), but reduced ventilation entropy (SampEnVE), was observed. Therefore, the characterization of cardiorespiratory dynamics by the analysis of VE and HR signals accurately identifies PB and effects of altitude acclimatization, providing promising tools for investigating physiologic effects of environmental exposures and diseases.Peer ReviewedPostprint (author’s final draft

Block Spin Density Matrix of the Inhomogeneous AKLT Model

We study the inhomogeneous generalization of a 1-dimensional AKLT spin chain model. Spins at each lattice site could be different. Under certain conditions, the ground state of this AKLT model is unique and is described by the Valence-Bond-Solid (VBS) state. We calculate the density matrix of a contiguous block of bulk spins in this ground state. The density matrix is independent of spins outside the block. It is diagonalized and shown to be a projector onto a subspace. We prove that for large block the density matrix behaves as the identity in the subspace. The von Neumann entropy coincides with Renyi entropy and is equal to the saturated value.Comment: 20 page

Síndrome De Transfusão Feto-fetal: Neurodesenvolvimento De Lactentes Tratados Com Cirurgia A Laser

To assess the neurodevelopmental functions of survivors of twin-twin transfusion syndrome (TTTS) treated by fetoscopic laser coagulation (FLC), during the first year of life, comparing them to a control group; and to verify the influence of specific variables on neurodevelopment. Method: This was a prospective, longitudinal study. The sample comprised 33 monochorionic diamniotic twins who underwent FLC for treatment of TTTS and 22 full-term infants of single-fetus pregnancies. Bayley Scales of Infant and Toddler Development Screening Test were used for evaluation. Prenatal, perinatal and postnatal information were obtained. Results: There was an increased frequency of infants in the TTTS group with inadequate performance compared to the control group. The identified variables (fetal donor, low economic income and cardiorespiratory disease) negatively impacted expressive communication and fine motor skills. Conclusion: Although through follow-up is recommended in all TTTS survivors, particular attention is required for the high-risk group as defined in this study. © 2016, Associacao Arquivos de Neuro-Psiquiatria. All rights reserved.74430731