Sustainability reporting: the case of Meliá

Students seldom contemplate the importance of sustainability in family businesses. Indeed, the economic dimension of sustainability using performance statements remains a neglected field of study. The case of a Spain family firm in the tourism sector, Meliá Hotels International, is used to introduce students to sustainability analyses through the study of the company's sustainability information. This provides instructors with an opportunity to discuss the actual financial state of the company and how to improve some indicators, as well as to present an overview of the long term sustainability of a family business. A qualitative methodology is used based on the documental analysis of sustainability reporting and information collected from the company's website and the media. This case can be used in management and accounting classes at both the bachelor and master levels. It is an important topic for users of financial information, entrepreneurs and other stakeholders concerned with these issues.info:eu-repo/semantics/publishedVersio

SPIDER X - Environmental effects in central and satellite early-type galaxies through the stellar fossil record

A detailed analysis of how environment affects the star formation history of early-type galaxies (ETGs) is undertaken via high signal to noise ratio stacked spectra obtained from a sample of 20,977 ETGs (morphologically selected) from the SDSS-based SPIDER survey. Two major parameters are considered for the study: the central velocity dispersion (sigma), which relates to local drivers of star formation, and the mass of the host halo, which relates to environment-related effects. In addition, we separate the sample between centrals (the most massive galaxy in a halo) and satellites. We derive trends of age, metallicity, and [alpha/Fe] enhancement, with sigma. We confirm that the major driver of stellar population properties in ETGs is velocity dispersion, with a second-order effect associated to the central/satellite nature of the galaxy. No environmental dependence is detected for satellite ETGs, except at low sigma - where satellites in groups or in the outskirts of clusters tend to be younger than those in the central regions of clusters. In contrast, the trends for centrals show a significant dependence on halo mass. Central ETGs in groups (i.e. with a halo mass >10^12.5 M_Sun) have younger ages, lower [alpha/Fe], and higher internal reddening, than "isolated" systems (i.e. centrals residing in low-mass, <10^12.5 M_Sun, halos). Our findings imply that central ETGs in groups formed their stellar component over longer time scales than "isolated" centrals, mainly because of gas-rich interactions with their companion galaxies.Comment: 22 pages, 19 figures, accepted for publication in MNRA

Treatment of Hepatitis C Virus Infection in Kidney Transplant Recipients: Case Report

Chronic hepatitis C virus (HCV) infection exists in a large proportion of patients undergoing renal transplantation. Nowadays it is not considered to be an absolute contraindication to transplantation; however, it is associated with an increased risk for the patient and accounts for a shorter half-life of the renal allograft. We present three transplant recipients who displayed serious hepatic dysfunction after renal transplantation due to an HCV infection. In two of these cases, the liver biopsies established the diagnosis of FCH. In the third case, the liver biopsy was compatible with the early stages of FCH. All patients were started on peg-interferon alfa 2-b and ribavirin with subsequent normalization of hepatic function and early complete viral responses