Testando as previsões de trade-off e pecking order sobre dividendos e dívida no Brasil

This article shows that the Brazilian companies have a low target payout ratio, although the local tax code favors dividends' distributions. The dividends paid present fast adjustment to current earnings, but part of the short-term variation in earnings is still absorbed by debt. Confirming predictions shared by the trade-off and pecking order models, more profitable firms and less levered firms have higher dividend payouts. Consistent with the pecking order model, dividends do not vary in the short-term to accommodate investments. Finally, more profitable firms and firms with fewer investments are less levered, accepting the pecking order hypothesis against the trade-off one.Este trabalho mostra que as companhias brasileiras distribuem uma proporção pequena dos lucros em dividendos apesar da legislação favorável. Os dividendos pagos são rapidamente ajustados ao lucro corrente, mas parte da variação de curto prazo nos lucros é absorvida por dívida. De acordo com a previsão comum dos modelos de trade-off e pecking order, as firmas mais lucrativas e menos endividadas distribuem uma maior proporção. Ainda de acordo com a pecking order, os dividendos não sofrem variações de curto prazo para acomodar os investimentos. Finalmente, as firmas mais lucrativas e que menos investem são as menos endividadas, favorecendo a pecking order contra trade-off

Contributions from specific and general factors to unique deficits: two cases of mathematics learning difficulties

Mathematics learning difficulties are a highly comorbid and heterogeneous set of disorders linked to several dissociable mechanisms and endophenotypes. Two of these endophenotypes consist of primary deficits in number sense and verbal numerical representations. However, currently acknowledged endophenotypes are underspecified regarding the role of automatic vs. controlled information processing, and their description should be complemented. Two children with specific deficits in number sense and verbal numerical representations and normal or above-normal intelligence and preserved visuospatial cognition illustrate this point. Child H.V. exhibited deficits in number sense and fact retrieval. Child G.A. presented severe deficits in orally presented problems and transcoding tasks. A partial confirmation of the two endophenotypes that relate to the number sense and verbal processing was obtained, but a much more clear differentiation between the deficits presented by H.V. and G.A. can be reached by looking at differential impairments in modes of processing. H.V. is notably competent in the use of controlled processing but has problems with more automatic processes, such as nonsymbolic magnitude processing, speeded counting and fact retrieval. In contrast, G.A. can retrieve facts and process nonsymbolic magnitudes but exhibits severe impairment in recruiting executive functions and the concentration that is necessary to accomplish transcoding tasks and word problem solving. These results indicate that typical endophenotypes might be insufficient to describe accurately the deficits that are observed in children with mathematics learning abilities. However, by incorporating domain-specificity and modes of processing into the assessment of the endophenotypes, individual deficit profiles can be much more accurately described. This process calls for further specification of the endophenotypes in mathematics learning difficulties

High voltage wiring harness test equipment

Projeto n.º 2013/34065 (Divmac - Projectos Automatismos e Periféricos Industriais, SA)[Excerto introdução] Este relatório tem por objetivo descrever as atividades desenvolvidas pela Associação Universidade - Empresa para o Desenvolvimento – TecMinho, no âmbito do projeto “High Voltage Wiring Harness Test Equipment”. (...)União Europeia - Fundo Europeu de Desenvolvimento RegionalQuadro de Referência Estratégica Nacional (QREN

Programa de ejercicios de intervención para personas con ataxia motora

Ataxia affects the nervous system by decreasing balance and coordination most mostly in the trunk, arms andlegs. Physical activity is used to help lowering the symptoms of this diseaseinfo:eu-repo/semantics/publishedVersio

Comportamento do consumidor em resposta aos efeitos da pandemia da covid-19: um estudo sobre a relação entre a intenção de autoisolamento e compras incomuns

Purpose: The aim of this study is to investigate consumer behavior in the context of the COVID-19 pandemic in Brazil to assess the relationship between the intention of self-isolation and to make unusual purchases. Methodology /Approach: Through an online survey with a sample of 181 individuals in Brazil, the proposed model and hypotheses were tested using Structural Equation Modeling (PLS-SEM.) Findings: The results demonstrate a link between perceived severity in the two behavioral responses measured, the intention to make unusual purchases and, more strongly, the intention to voluntary self-isolation. Originality/Value: The study discusses consumer behavior for unusual purchases (cyberchondria) in risky situations such as the COVID-19 pandemic in Brazil. Contributions and implications: We demonstrate how information overload leads to cyberchondria. In addition, the perceived severity leads the individual to make unusual purchases and self-isolation. In turn, exposure to online information sources leads to cyberchondria, which leads to behavior that increases the intention to make unusual purchases, and to self-isolation, which further increases exposure to online information. Furthermore, this study extends existing research (Laato et al., 2020) that suggests that research be carried out in different contexts.Objetivo: o propósito deste estudo é investigar o comportamento dos consumidores no contexto da pandemia de COVID-19 no Brasil para avaliar a relação entre a intenção de auto isolamento e eventuais compras incomuns. Método: Por meio de uma pesquisa on-line com uma amostra 181 indivíduos, o modelo proposto e as hipóteses foram testadas a partir da Modelagem de Equações Estruturais (PLS-SEM.)  Principais resultados: Os resultados demonstram ligação entre gravidade percebida nas duas respostas comportamentais medidas, a intenção de fazer comprar incomuns e, mais fortemente, a intenção de autoisolamento voluntário. Relevância/originalidade: O estudo traz para discussão o comportamento do consumidor para compras incomuns (cibercondria) em situações de risco como a pandemia da COVID-19 no Brasil. Contribuições e implicações: Demonstramos como a sobrecarga de informação leva à cibercondria. Além disso, que a gravidade percebida leva o indivíduo a fazer compras incomuns e ao autoisolamento. Por sua vez, a exposição a fontes de informação on-line leva à cibercondria, que leva a um comportamento que aumenta a intenção de fazer compras incomuns e ao autoisolamento o que aumenta ainda mais a exposição a informações on-line. Além disso, este estudo estende a pesquisa existente (Laato et al., 2020) que sugere que pesquisas sejam realizadas em contextos diferentes

Are there differences in auscultatory pulse in total blood flow restriction between positions, limbs and body segments?

Verification of the auscultatory pulse in total blood flow restriction (BFR) has been a limiting factor in studies due to the way in which it is evaluated and prescribed, as hemodynamic measurements can be directly affected by gravity. The aim of the present study was to compare the auscultatory pulse in BFR between positions, genders, limbs and body segments in healthy young individuals. A total of 156 subjects participated in the study, 76 of whom were male and 80 of whom were female (23.9±3.7 years, 66.5±11.5 kg, 1.67±0.07 m). After filling in registration data, anthropometry was evaluated, and BFR pressure was determined. BFR was evaluated in a randomized manner in both limbs (upper and lower) and in both segments (right and left) in the following positions: a) lying in the supine position; B) sitting with knees and trunk at 90°; and c) standing in the anatomical position. Significant differences were observed between the lying, sitting and standing positions (p0.05). The BFR point appears to differ between positions, genders, lower limbs and segments. Therefore, it is recommended that health professionals should check the BFR point in the position relating to the exercise that will be performed, taking into account gender, lower limbs and body segments

A 46,XX testicular disorder of sex development caused by a Wilms’ tumour Factorâ 1 (WT1) pathogenic variant

Peer Reviewedhttps://deepblue.lib.umich.edu/bitstream/2027.42/146930/1/cge13459_am.pdfhttps://deepblue.lib.umich.edu/bitstream/2027.42/146930/2/cge13459.pd