Local communities and sport activities expenditures and image: residents’ role in sustainable tourism and recreation

The practice of sports by resident communities is a tool for healthy lifestyles, inclusive growth and the promotion of sustainable cities. Nevertheless, the relationship between sport, tourism and recreation still remain an under researched theme. Focusing on the economic pillar of sustainability, this study intends to quantify and analyse the economic costs incurred by families in formal and informal sport practices, as well as the contribution of these activities and related events to the territory's image projection and attractiveness, by overlapping resident's and visitor's perception of sports in the destination. Applied to the municipality of Guimaraes (Portugal), this analysis of the sports consumer's behaviour contributes to filling the gap of knowledge resulting from the studies that, as a rule, exclusively evaluate the investments (supply) and/or the expenses (demand) of events and not the regular practice of sport. A total of 179 questionnaires were applied to residents throughout 2017, through the self-administrate questionnaire method. Findings reveal that residents see sports as one of the factors contributing to the identity of the municipality, underlying motivations for participation as the search for happiness, health, wellbeing, and fun. Expenditures generate multiplier effects in the local economy, allowing to compare growth scenarios. This analysis is a scientific instrument to support territorial innovation and the decision at the local level of public policies for sustainable development, in agreement with objective eight of sustainability defined by the United Nations.Funding Agency Municipality of Guimaraes/Sports Studies Centre of Guimaraesinfo:eu-repo/semantics/publishedVersio

Competitividade de Destinos Turísticos: um Modelo de Aplicação para o sul de Portugal versus as regiões Mediterrânicas de Espanha: COMPETITIVTOUR

Tourism destination competitiveness analysis benefits from a growing number of theoretical and applied developments. To support competitiveness strategies and despite the paraphernalia of competitiveness indexes available, there is not just a single set of indicators that can be used for all destinations at all times. The COMPETITIVTOUR model, developed since 2009 is applied to the south of Portugal versus the Mediterranean regions of Spain, a geographical area that aggregates 14 provinces, 20.2 million inhabitants and 180.1 million overnight stays. COMPETITIVTOUR's objective is to create and apply a territorial assessment model, adapted to the common specificities of these regions, aiming to assist in guiding the complex task of destination competiveness management, with inputs from 25 official producers of information from Portugal and Spain. The outputs are aggregated in three main topics: territory management, markets, and resources&products. Critical areas were identified, with emphasis on the growing seasonality of demand, the market demand and supply adjustment and accommodation prices.info:eu-repo/semantics/publishedVersio

An uniqueness result for a class of wiener-space valued stochastic differential equations

Mathematics Subject Classifications (1991): 58D25; 60H07; 60H10; 60J60.We prove a generalization of Bismut-Itô-Kunita formula to infinite dimensions and derive an uniqueness result for Wiener space valued processes which holds for a special class of Bernstein processes

White noise analysis: an introduction

A brief introduction to Gaussian White Noise Analysisinfo:eu-repo/semantics/publishedVersio

A collaborative project using narratives: What happens when pupils work on mathematical investigations?

Mathematical investigations involve searching for patterns, formulating, testing, and justifying conjectures, reflecting, and generalising. Doing investigations in the classroom is a powerful activity for students’ learning but poses many challenges to the teacher. To study the professional knowledge involved in this kind of work was the aim of a collaborative action-research project that involved one classroom teacher and two university teacher educators. We used narratives to depict relevant elements of teachers’ activity and to show key aspects of their dilemmas and uncertainties. This paper discusses the role of the collaborative work undertaken by the participants in the project as they reflected about classroom practices and curriculum issues, based on a narrative of a class where sixth grade students worked on a mathematical investigation.Investigações matemáticas envolvem a procura de regularidades, a formulação, teste e justificação de conjecturas, reflexão e generalização. Fazer investigações na sala de aula é uma actividade poderosa para a aprendizagem dos alunos mas coloca muitos desafios ao professor. O estudo do conhecimento profissional envolvido neste tipo de trabalho constituiu o objectivo de um projecto colaborativo de investigação-acção que envolveu uma professora de Matemática e dois educadores matemáticos universitários. Usámos narrativas para ilustrar aspectos relevantes da actividade da professora e para mostrar elementos importantes dos seus dilemas e incertezas. Tendo por base uma aula do 6.º ano de escolaridade em que os alunos trabalharam numa investigação matemática, o artigo discute o papel do trabalho colaborativo realizado pelos participantes no projecto enquanto reflectem sobre as práticas lectivas e as questões curriculares

The fractional volatility model : no-arbitrage, leverage and completeness

When the volatility process is driven by fractional noise one obtains a model which is consistent with the empirical market data. Depending on whether the stochasticity generators of log-price and volatility are independent or are the same, two versions of the model are obtained with different leverage behaviors. Here, the no-arbitrage and completeness properties of the models are rigorously studied

How does board's diversity influence the adoption of best practices when preparing integrated reports?

The integrated reporting () is proposed by the International Integrated Reporting Council (IIRC) and aims to provide a complete picture of the organization, communicating about its process of value creation in short, medium and long term. Given the influence of corporate governance on corporate disclosure and the key role of the companies’ board of directors in managing the disclosure of a wide range of information, the present study aims to analyze how some board diversity characteristics may influence the higher recognition of integrated reports, distinguishing between reference reports and regular reports. This study comprises the integrated reports extracted from the IIRC Examples Database and the analysis consists in two phases. The first phase considers the entities that are listed and unlisted on a stock exchange, and the sample consists in 377 reporters. The second phase consists in a subsample of the first one, considering only the entities that are listed on a stock exchange, consisting in 344 reporters. The results show that the characteristics that influence positively the recognition of the integrated reports, regardless of the entity being listed or unlisted on a stock exchange, are: (i) the size of the board; (ii) the proportion of non-executive directors; and (iii) the proportion of women directors. In turn, the role duality of the chief executive officer (CEO) negatively influences the recognition of integrated reports. However, this influence only occurs in the first phase of the analysis, considering listed and unlisted entities. Regarding the experience of the directors of the board, the results show that this variable is not relevant to explain the recognition of the integrated reports.O relatório integrado () é proposto pelo International Integrated Reporting Council (IIRC) e visa fornecer uma visão completa da organização, comunicando sobre o seu processo de criação de valor a curto, médio longo prazo. Dada a influência do corporate governance na estratégia de divulgação das empresas e o papel fundamental do conselho de administração no gerenciamento da divulgação de uma ampla gama de informações, o presente estudo tem como objetivo analisar a forma como algumas características da diversidade podem influenciar o maior reconhecimento de relatórios integrados, distinguindo entre relatórios de referência e relatórios regulares. Este estudo compreende os relatórios integrados extraídos da base de dados do IIRC, e a análise consiste em duas fases. A primeira fase considera as entidades que são cotadas e não cotadas numa bolsa de valores, e a amostra consiste em 377 reporters. A segunda fase consiste numa subamostra da primeira, considerando apenas as entidades que estão cotadas numa bolsa de valores, consistindo em 344 reporters. Os resultados evidenciam que as características que influenciam positivamente o reconhecimento dos relatórios integrados, independentemente de a entidade ser cotada ou não cotada numa bolsa de valores, são: (i) o tamanho do conselho; (ii) a proporção de administradores não-executivos; e (iii) a proporção de mulheres no conselho. No que respeita à dualidade de funções do CEO, tem uma influência negativa no reconhecimento dos relatórios integrados. No entanto, essa influência apenas se verifica na primeira fase da análise, considerando entidades cotadas e não cotadas. Em relação à experiência dos diretores do conselho, os resultados mostram que essa variável não é relevante para explicar o reconhecimento dos relatórios integrados

Clivagens e cumplicidades entre e a Igreja Católica e o Estado: o casamento entre pessoas do mesmo sexo

Portugal é um país maioritariamente católico e com indicadores de religiosidade significativos no contexto europeu. Contudo, tal facto não impediu a emergência de um conjunto de atitudes mais liberalizantes da sociedade em relação a temas delicados e recorrentemente designados como fraturantes, como o da legalização do casamento entre pessoas do mesmo sexo. Neste artigo, pretendemos analisar as reações da Igreja Católica sobre esse desafio ético, tendo em conta as interações desenvolvidas com o sistema político e dentro do próprio universo católico (hierarquia, população em geral, grupos e organizações), pautadosimultaneamente por homogeneidade e diversidade, por dinâmicas de solidariedade e de conflito.Portugal is mainly a Catholic country and with significant indicators of religiosity in the European context. However, this fact did not prevent the emergence of a set of more liberal attitudes in society such as the legalization of same-sex marriage. This article aims to examine thereactions of the Catholic Church on this ethical challenge, taking into account the interactions developed with the political system and within the Catholic world (hierarchy, Catholics in general, groups and organizations), both marked by homogeneity and diversity and by dynamics ofsolidarity and conflict