RCIPL
Repositório Institucional do Politécnico de Lisboa
Entradas recentes
Transmedia digital storytelling -let's build our story!
Publication . Sousa, Vanda
Abstract
ABSTRACTCombining the concept of communicational act asperformative of self-identity, as Benveniste (1958) argued,with the concept of classical and digital transmedianarratives as constructors of natural narratologicalecosystems, as Jenkins (2003) argues, we believe we candemonstrate that Transmedia digital narratives are animportant tool in Active ageing field - considered not only apolicy but as an important part of the healthy social andcultural development of each person and society in general.Thus, we will question the social marketing potential ofTransmedia digital content in the new communicationparadigm - in which the reader becomes cooperative andconstructs the meanings of the text - highlighting the newdigital technology as facilitator of the intergenerationalcommunication process
Labour Productivity in European Non-Financial Corporations: The Roles of Country, Sector, and Size
Publication . Albuquerque, F.; Ferrão, J.; dos Santos, P. G.
This study aims to investigate the determinants of labour productivity across European
non-financial entities using aggregated data from the Bank for the Accounts of Companies Harmonized (BACH) database. Focusing on six European Union countries (Belgium,
France, Italy, Portugal, Poland, and Spain). Annual information from 2010 to 2023 is used
(the last available year), including three size classes (small, medium-sized and larger entities) per division (two-digit code) by year and by country, totalling 14,188 observations. The
combination of sectors and class sizes varies from 191 to 208 by country. It uses gross value
added per employee as a proxy for labour productivity. Using a fixed-effects estimator and
panel data regression techniques, the analysis reveals that labour productivity explanatory factors, particularly firm size, profitability, financialisation, leverage, and tangibility,
have heterogeneous and sometimes contradictory effects across countries, sectors, and size
classes. Larger firms generally tend to have higher levels of labour productivity, although
this feature is not consistent among countries. Size and profitability more consistently exert
a strong positive influence, whereas financialisation and leverage typically show negative
or nonlinear effects. The results highlight the structural diversity of the European corporate
landscape and challenge the adequacy of one-size-fits-all policy measures, contributing
to the literature on productivity and offering further insights to policymakers by integrating cross-sectional, sectoral, and size-specific perspectives on labour efficiency within the
EU context.
Explanatory Factors of the NGM Disclosure Related to the Cash Flow by European Listed Entities.
Publication . Velez, A. R.; Albuquerque, F.; Pinto, V.
This paper aims to assess the transparency of information on cash flows
and its potential explanatory factors, using for this purpose, the disclosures
on non-generally accepted accounting principles (non-GAAP) measures
(NGM) related to cash flows. The explanatory factors were assessed in the
light of different theories, namely the institutional theory, the theory of
agency, and the positive theory of accounting. The data was based on the
reports and accounts of 121 Euronext entities between 2018 to 2021. Based
on the linear regression model, the findings identified that the disclosure
of NGM on cash flows in the entities reports, with emphasis on free cash
flow (FCF), as well as the presentation of the NGM calculation formula
and the possibility of reconciliation with the GAAP information disclosed.
In addition, it was identified that location, industry, size, indebtedness, and
corporate governance variables were explanatory factors for the disclosures
around cash flows, and overall, providing support for the different theories.
This research contributes to the discussion around NGM transparency,
especially regarding cash flows. Furthermore, the paper contributes to the
academic and business environment by assessing current references related
to the statement of cash flow. It also assesses the potential explanatory factors
for the disclosure of such information.
Explanatory Factors of the Accounting Choices for Investments Under IAS 27 of Listed European Union Entitie
Publication . Ribeiro, M.; Gomes Dos Santos, P.; Albuquerque, F.
This study aims to analyze the explanatory factors of the accounting choices for investments of entities with securities traded
on regulated markets from the European Union (EU) under International Accounting Standards (IAS) 27—Separate Financial
Statements (SFS). According to IAS 27, investments in their scope can be accounted for by using the cost, equity method, or fair
value, which represents alternative accounting methods commonly known in the literature as accounting choices. To identify the
factors that may explain the accounting choices for investments under IAS 27, a logistic regression model is used. The research
covers listed entities from 19 out of the 21 EU countries where IAS 27 is required or permitted. The findings highlight that
the entities’ size and investment weight likely explain the adoption of the cost method, conversely to the size of the board of
directors, which negatively explains its use. Accounting choices for investments under SFS are not yet explored in the literature.
Moreover, this research also proposes further explanatory factors in the scope of the literature on accounting choices. This paper
can potentially benefit a diverse set of stakeholders, namely the accounting standard-setters, as they can draw attention to the
comparability issues from the use of accounting choices, which may mitigate the financial information usefulness for decisionmaking. Furthermore, auditors, supervisors, as well as investors and other users, can have a more comprehensive perspective of
the reasons behind the method chosen by entities for accounting for their financial investments.
The explanatory factors of interests as a key audit matter in the separate financial statements of listed European Union entities
Publication . Albuquerque, F.; dos Santos, P. G.; Ribeiro, M.
This paper aims to identify the factors that may likely explain the identification of the investments in subsidiaries,
associates, and joint ventures under International Accounting Standards (IAS) 27 as a key audit matter in the
separate financial statements (SFS) of listed European entities. The final research sample is comprised of 243
entities from 18 European countries. The findings from the logistic regression performed particularly found the
weight of those interests (the material relevance) within the entities’ SFS as an explanatory factor, as well as the
use of the cost as the accounting method for those interests.