13 research outputs found

    Valoración de una empresa instaladora de calefacción y aire acondicionado

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    [ES] A día de hoy nos encontramos ante una situación financiera bastante crítica en nuestro país, y es que a pesar que desde el final de la crisis de principios de los años 90 la economía española tuvo más de una década expansiva de crecimiento sostenido, desde 2008 ha sufrido un gran decrecimiento dando paso a un largo período de recesión. Aunque previamente ya había diversos índices que mostraban síntomas de desaceleración, los daños se vieron reflejados en la economía a partir de 2008, a raíz de la crisis bursátil junto a los problemas en el sector inmobiliario. Todo ello unido a un marco inflacionista, de subidas de precios de los carburantes y de los productos alimenticios principalmente, en lo que ha venido a denominarse la crisis económica de 2008. Para el año 2012 y 2013, igual que en otras economías europeas afectadas también por la crisis financiera, la evolución de la economía en este período viene marcada por la fuerte disminución del gasto de las Administraciones Públicas y el decrecimiento del consumo privado, arrastrado por la reducción del empleo y de las rentas salariales y la inversión. La empresa objeto de estudio de este TFM es una sociedad real, a la que se le denominará CLIMATIZACIONALM S.L. para preservar la confidencialidad de algunos de los datos que aparecen en el trabajo. Es una empresa perteneciente al sector de la construcción, concretamente al sector de la construcción especializada realizando instalaciones de sistemas de calefacción y aire acondicionado. Para el desarrollo de la valoración se va a realizar un estudio previo de la historia de la empresa, del sector en el que opera, así como un análisis económicofinanciero de ésta, con el fin de conocer su situación actual y su previsión futura. La parte relacionada con el cálculo del valor actual de la empresa se llevará a cabo con dos modelos distintos, que permitan comparar sus resultados, con el fin de poder obtener un valor de la misma que permita a la dirección de la empresa poder tomar decisiones futuras como puedan ser operaciones de compraventa, planificación estratégica (productos, líneas de negocio, clientes, mercados en los que prestar servicios) o decisiones estratégicas sobre la continuidad de la misma. Por último, y con todos los resultados obtenidos de los análisis anteriores, se desarrollarán las principales conclusiones del proceso llevado a cabo en este TFM.López Mas, Á. (2013). VALORACIÓN DE UNA EMPRESA INSTALADORA DE CALEFACCIÓN Y AIRE ACONDICIONADO. http://hdl.handle.net/10251/34714.Archivo delegad

    DEVELOPING A BUSINESS FAILURE PREDICTION MODEL FOR COOPERATIVES: RESULTS OF AN EMPIRICAL STUDY IN SPAIN

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    The use of statistical models to predict business failures has received considerable attention in recent decades. However, very few studies have been devoted to predicting failures of cooperative societies, which play an important social and economic role in many sectors and possess certain characteristics that distinguish them from investor-owner companies. This paper develops a statistical business failure prediction model specifically for cooperative societies and identifies the most powerful predictive variables. This is done by applying logistic regression to a sample of Spanish agricultural cooperatives with financial indicators as explanatory variables. The prediction models obtained, capable of predicting failures one or two years before they actually happen, reached an accuracy level of more than 94%. The best predictors confirmed the importance to cooperatives of having a minimum amount of capital available to ensure their financial independence, which could be put at risk by virtue of the cooperative principle of ¿voluntary and open membership¿, especially when financial problems appear on the horizon. The importance of the results-based indicators was also shown, which could be considered as obvious, given that the objectives of cooperative societies is to obtain the greatest possible advantage from the activities carried out for their members.Mateos Ronco, AM.; López Mas, Á. (2011). DEVELOPING A BUSINESS FAILURE PREDICTION MODEL FOR COOPERATIVES: RESULTS OF AN EMPIRICAL STUDY IN SPAIN. African Journal of Business Management. 5(26):10565-10576. doi:10.5897/AJBM11.1415S105651057652

    The polygenic basis of relapse after a first episode of schizophrenia

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    Little is known about genetic predisposition to relapse. Previous studies have linked cognitive and psychopathological (mainly schizophrenia and bipolar disorder) polygenic risk scores (PRS) with clinical manifestations of the disease. This study aims to explore the potential role of PRS from major mental disorders and cognition on schizophrenia relapse. 114 patients recruited in the 2EPs Project were included (56 patients who had not experienced relapse after 3 years of enrollment and 58 patients who relapsed during the 3-year follow-up). PRS for schizophrenia (PRS-SZ), bipolar disorder (PRS-BD), education attainment (PRS-EA) and cognitive performance (PRS-CP) were used to assess the genetic risk of schizophrenia relapse.Patients with higher PRS-EA, showed both a lower risk (OR=0.29, 95% CI [0.11–0.73]) and a later onset of relapse (30.96± 1.74 vs. 23.12± 1.14 months, p=0.007. Our study provides evidence that the genetic burden of neurocognitive function is a potentially predictors of relapse that could be incorporated into future risk prediction models. Moreover, appropriate treatments for cognitive symptoms appear to be important for improving the long-term clinical outcome of relapse

    Land- and water-based exercise intervention in women with fibromyalgia: the al-andalus physical activity randomised controlled trial

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    Background The al-Andalus physical activity intervention study is a randomised control trial to investigate the effectiveness of a land- and water-based exercise intervention for reducing the overall impact of fibromyalgia (primary outcome), and for improving tenderness and pain-related measures, body composition, functional capacity, physical activity and sedentary behaviour, fatigue, sleep quality, health-related quality of life, and cognitive function (secondary outcomes) in women with fibromyalgia. Methods/Design One hundred eighty women with fibromyalgia (age range: 35-65 years) will be recruited from local associations of fibromyalgia patients in Andalucía (Southern Spain). Patients will be randomly assigned to a usual care (control) group (n = 60), a water-based exercise intervention group (n = 60) or a land-based exercise intervention group (n = 60). Participants in the usual care group will receive general physical activity guidelines and participants allocated in the intervention groups will attend three non-consecutive training sessions (60 min each) per week during 24 weeks. Both exercise interventions will consist of aerobic, muscular strength and flexibility exercises. We will also study the effect of a detraining period (i.e., 12 weeks with no exercise intervention) on the studied variables. Discussion Our study attempts to reduce the impact of fibromyalgia and improve patients' health status by implementing two types of exercise interventions. Results from this study will help to assess the efficacy of exercise interventions for the treatment of fibromyalgia. If the interventions would be effective, this study will provide low-cost and feasible alternatives for health professionals in the management of fibromyalgia. Results from the al-Andalus physical activity intervention will help to better understand the potential of regular physical activity for improving the well-being of women with fibromyalgia.This study was supported by the Consejeria de Turismo, Comercio y Deporte (CTCD-201000019242-TRA), the Spanish Ministry of Science and Innovation (I + D + I DEP2010-15639, grants: BES-2009-013442, BES-2011-047133, RYC-2010-05957, RYC-2011-09011), the Swedish Heart-Lung Foundation (20090635), the Spanish Ministry of Education (AP-2009-3173), Granada Research of Excelence Initiative on Biohealth (GREIB), Campus BioTic, University of Granada, Spain and European University of Madrid. Escuela de Estudios Universitarios Real Madrid. 2010/04RM

    ¿Qué queda de mí?

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    Este libro es una reclamación a quienes hemos sido, somos o seremos docentes. A quienes no hemos respetado a las personas que se han puesto junto a nosotros y nosotras, confiando su bien más preciado: la libertad. Estas páginas denuncian cada vez que convertimos una visión en la visión, una emoción en la emoción, un saber en el saber, un comportamiento en el comportamiento. Es un grito contra la imposición, la normalización, la neutralización y la universalización de una perspectiva particular. Una pugna contra cada proceso que no se ha conectado con las vidas de los aprendices. Un texto colaborativo realizado por alumnado de Educación y Cambio Social en el Grado en Educación Infantil de la Universidad de Málaga y coordinado por Ignacio Calderón Almendros

    Clinical and treatment predictors of relapse during a three-year follow-up of a cohort of first episodes of schizophrenia.

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    Relapses are frequent in the first years following a first episode of schizophrenia (FES), being associated with a higher risk of developing a chronic psychotic disorder, and poor clinical and functional outcomes. The identification and intervention over factors associated with relapses in these early phases are timely and relevant. In this study, 119 patients in remission after a FES were closely followed over three years. Participants came from the 2EPS Project, a coordinated, naturalistic, longitudinal study of 15 tertiary centers in Spain. Sociodemographic, clinical, treatment and substance abuse data were analyzed. 49.6% of the participants relapsed during the 3-years follow-up. None of the baseline demographic and clinical characteristics analyzed showed a statistically significant association with relapses. 22% of patients that finished the follow-up without relapsing were not taking any antipsychotic. The group that relapsed presented higher mean antipsychotics doses (381.93 vs. 242.29 mg of chlorpromazine equivalent/day, p = 0.028) and higher rates of antipsychotic polytherapy (28.6% vs. 13%, p

    Effectiveness of 23-valent pneumococcal polysaccharide vaccination in preventing community-acquired pneumonia hospitalization and severe outcomes in the elderly in Spain

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    Pneumococcal pneumonia is a serious cause of morbidity and mortality in the elderly, but investigation of the etiological agent of community-acquired pneumonia (CAP) is not possible in most hospitalized patients. The aim of this study was to estimate the effect of pneumococcal polysaccharide vaccination (PPSV23) in preventing CAP hospitalization and reducing the risk of intensive care unit admission (ICU) and fatal outcomes in hospitalized people aged ≥65 years. We made a multicenter case-control study in 20 Spanish hospitals during 2013-2014 and 2014-2015. We selected patients aged 65 years hospitalized with a diagnosis of pneumonia and controls matched by sex, age and date of hospitalization. Multivariate analysis was performed using conditional logistic regression to estimate vaccine effectiveness and unconditional logistic regression to evaluate the reduction in the risk of severe and fatal outcomes. 1895 cases and 1895 controls were included; 13.7% of cases and 14.4% of controls had received PPSV23 in the last five years. The effectiveness of PPSV23 in preventing CAP hospitalization was 15.2% (95% CI -3.1-30.3). The benefit of PPSV23 in avoiding ICU admission or death was 28.1% (95% CI -14.3-56.9) in all patients, 30.9% (95% CI -32.2-67.4) in immunocompetent patients and 26.9% (95% CI -38.6-64.8) in immunocompromised patients. In conclusion, PPSV23 showed a modest trend to avoidance of hospitalizations due to CAP and to the prevention of death or ICU admission in elderly patients hospitalized with a diagnosis of CAP

    Associated factors to serious infections in a large cohort of juvenile-onset systemic lupus erythematosus from Lupus Registry (RELESSER).

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    To assess the incidence of serious infection (SI) and associated factors in a large juvenile-onset systemic lupus erythematosus (jSLE) retrospective cohort. All patients in the Spanish Rheumatology Society Lupus Registry (RELESSER) who meet ≥4 ACR-97 SLE criteria and disease onset A total of 353 jSLE patients were included: 88.7% female, 14.3 years (± 2.9) of age at diagnosis, 16.0 years (± 9.3) of disease duration and 31.5 years (±10.5) at end of follow-up. A total of 104 (29.5%) patients suffered 205 SI (1, 55.8%; 2-5, 38.4%; and ≥6, 5.8%). Incidence rate was 3.7 (95%CI: 3.2-4.2) SI per 100 patient years. Respiratory location and bacterial infections were the most frequent. Higher number of SLE classification criteria, SLICC/ACR DI score and immunosuppressants use were associated to the presence of SI. Associated factors to shorter time to first infection were higher number of SLE criteria, splenectomy and immunosuppressants use. The risk of SI in jSLE patients is significant and higher than aSLE. It is associated to higher number of SLE criteria, damage accrual, some immunosuppressants and splenectomy
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