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See detailCorporate Disclosures, Information Asymmetry and Stock-Market Liquidity in France
Sougné, Danielle ULg; Ajina, Aymen; Lakhal, Faten

in Journal of Applied Business Research (in press)

This paper aims at studying the effect of corporate disclosures on information asymmetry and stock-market liquidity in France. Specifically, the purpose of this paper is to highlight the importance of ... [more ▼]

This paper aims at studying the effect of corporate disclosures on information asymmetry and stock-market liquidity in France. Specifically, the purpose of this paper is to highlight the importance of information included in the annual reports on investor’s behavior. This is proxied by the information asymmetry component of the bid-ask spread and stock market liquidity. Our sample includes 196 French listed firms over a period ranging from 2004 to 2007. We opt for an explanatory study using OLS regressions to examine the nature of the relationship between information disclosed in annual reports and bid-ask spreads a proxy for information asymmetry and stock market liquidity. The results show that the extent of corporate disclosures in annual reports positively influences the liquidity of the French market and negatively affects the adverse selection component of the bid-ask spread. This effect is further confirmed by the commitment to IFRS by French-listed firms from 2005. The decomposition of the total score in the sub-indices shows that non-financial and financial information are important in trading decisions while strategic information may be attractive only for long-term positions [less ▲]

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See detailConfigurations publiques de Dionysos dans le cadre de l'hellénisation de Rome
Caneva, Stefano ULg

in Pirenne, Vinciane; Bonnet, Corinne; Pironti, Gabriella (Eds.) Dieux des Grecs, dieux des Romains : panthéons en dialogue à travers l’histoire et l’historiographie (in press)

En 140/39 av. J.-C., une mission romaine composée, entre autres, de Scipion Emilien et du philosophe Panétios visita les alliés orientaux de Rome et se rendit notamment à Alexandrie. Le roi Ptolémée VIII ... [more ▼]

En 140/39 av. J.-C., une mission romaine composée, entre autres, de Scipion Emilien et du philosophe Panétios visita les alliés orientaux de Rome et se rendit notamment à Alexandrie. Le roi Ptolémée VIII y accueillit officiellement ces hôtes prestigieux, vêtu d’un habit étrange : un chiton long et subtil, dont les auteurs anciens réfèrent unanimement l’effet efféminé et caricatural, au point de susciter le rire des Romains et une condamnation du luxe effréné et décadent du royaume égyptien par comparaison avec la sobriété romaine. Il a fallu attendre une étude de H. Heinen en 1983 pour reconnaître, d’une part, l’envergure idéologique du lien entre la tenue de Ptolémée VIII – en fait empruntée à l’iconographie hellénistique de Dionysos – et la mise en scène officielle de la tryphè et du pouvoir royal et, de l’autre, le sens politique de la représentation caricaturale qu’en donna probablement déjà Panétios, représentation qui fut relayée et amplifiée par toute une tradition historiographique philo-romaine, qui se développa tout au long de la conquête romaine de la Méditerranée et ensuite à l’occasion du conflit entre Octavien et Antoine. Cette tradition nous a transmis, par le biais des auteurs de l’époque impériale, un discours fondé sur l’opposition entre Rome (et l’Italie), vertueuse source de citoyens et de soldats, et l’Orient dégénéré. Dans un tel cadre, Dionysos et le dionysisme sont sollicités pour servir à la construction d’un modèle accusatoire contre les ennemis de Rome, incarnant le désordre dans une dimension à la foi individuelle et institutionnelle. Mais est-ce que cette vision idéologique nous donne un portrait satisfaisant des rapports réels entre Rome et Dionysos / Bacchos / Liber Pater ? En partant de cette question, je propose dans ma contribution une approche visant à analyser, à l’aide de sources aussi littéraires que documentaires, les contextes de contact entre Rome et Dionysos de l’époque hellénistique au début du Principat, pour essayer de mettre en relief les relations entre, d’une part, la répulsion et le refus idéologiques du dionysisme, de l’autre les démarches d’appropriation et d’adaptation, à la culture romaine, de traits caractérisant les cultes hellénistiques de Dionysos et leurs utilisation dans la mise en forme des pratiques du pouvoir et de leurs représentations. [less ▲]

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See detailDisgust: History, Language, Politics and Aesthetics of a Complex Emotion
Delville, Michel ULg; Von Hoffmann, Viktoria ULg; Norris, Andrew

Book published by PULG (in press)

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See detail“How are you Vulnerable?”: Using Participation for Vulnerability Analysis in Emergency Planning
Rossignol, Nicolas ULg; Turcanu, Catrinel; Fallon, Catherine ULg et al

in Journal of Risk Research (in press)

Scientists in many fields of research have developed models, theories and concepts attempting to grasp and manage dangers that are often difficult to imagine. Among the different perspectives, the Science ... [more ▼]

Scientists in many fields of research have developed models, theories and concepts attempting to grasp and manage dangers that are often difficult to imagine. Among the different perspectives, the Science and Technology Studies (STS) Vulnerability Approach seems very promising. Relying on a constructivist paradigm, it is based on an inductive collection and analysis of a wide range of factors, with a particular focus on cultural factors and actual day-to-day practices. In this paper, we present the roots of this approach and we display findings based on three case studies exploring emergency planning in three different contexts (a city near a SEVESO plant, a school near a nuclear plant, and a city confronted to multiple catastrophic scenarios). The cases studies were realized by conducting three Focus Groups with different types of stakeholders (citizens, teachers, firemen, decision makers, etc.). After presenting the results of the case studies, we discuss how stakeholders’ participation can inform such type of vulnerability analysis in the context of emergency planning. We argue that participation fosters a deep understanding of actual safety governance practices which allows innovative results to emerge as well as it initiates a learning process among the participants. It contributes to questioning the relations between decision-makers, experts and citizens. It has the potential of bypassing the positivist and quantitative rationale of safety, and thus, of redefining the vulnerability governance. As a conclusion, we question the role of such STS vulnerability approach within the actual vulnerability governance. [less ▲]

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See detailMollino, Carlo
Prina, Daniela ULg

in Atkinson, Harriet; Kettley, Sarah; Edwards, Clive (Eds.) et al Encyclopedia of Design (in press)

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See detailFirst ‘in situ’ determination of gas transport coefficients (DO2, DAr and DN2 ) from bulk gas 2 concentration measurements (O2, N2, Ar) in natural sea ice
Crabeck, O.; Delille, Bruno ULg; Rysgaard, S. et al

in Marine Chemistry (in press)

We report bulk gas concentrations of O2, N2 and Ar, as well as their transport coefficients, in natural landfast subarctic sea ice in southwest Greenland. The observed bulk ice gas composition was 27.5 ... [more ▼]

We report bulk gas concentrations of O2, N2 and Ar, as well as their transport coefficients, in natural landfast subarctic sea ice in southwest Greenland. The observed bulk ice gas composition was 27.5% O2, 71.4% N2 and 1.09% Ar. Most previous studies suggest that convective transport is the main driver of gas displacement in sea ice and have neglected diffusion processes. According to our data, brines were stratified within the ice, so that no convective transport could occur within the brine system. Therefore, diffusive transport was the main driver of gas migration. By analysing the temporal evolution of an internal gas peak within the ice, we deduced the bulk gas transport coefficients for oxygen (DO2), argon (DAr) and nitrogen (DN222 ). The values fit to the few existing estimates from experimental work, and are close to the diffusivity values in water (10-5 cm2 s-124 ). We suggest that gas bubbles escaping from the brine to the atmosphere - as the ice gets more permeable during melt could be responsible for the previously reported high transport coefficients. These results underline that when there is no convective transport within the sea ice, the transport of gas by diffusion through the brines, either in the liquid or gaseous phases, is a major factor in controlling the ocean–atmosphere exchange. [less ▲]

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See detailFrom Alexander to the Theoi Adelphoi: Foundation and Legitimation of a Dynasty
Caneva, Stefano ULg

Book published by Peeters (in press)

This book provides a cultural and social history of the rise and legitimation of the concept of dynastic continuity in the early history of the Ptolemaic Empire. The scope of the study is therefore ... [more ▼]

This book provides a cultural and social history of the rise and legitimation of the concept of dynastic continuity in the early history of the Ptolemaic Empire. The scope of the study is therefore neither to provide a general overview of third-century Ptolemaic history, nor to discuss in detail the administrative and economic structures of the Ptolemaic state. Rather, its purpose is to investigate the ways by which the first Ptolemies negotiated and constructed a representation of their power as a dynastic house aspiring to universal dominion, protected by the gods and legitimately continuing the heritage of the Macedonian and Egyptian monarchies. It is argued that they managed to do so by operating within different socio-cultural and ethnic milieus and by pursuing their strategies on a two-fold level: on the one hand, by continuously reshaping the relationship between the present events of the ruling house and its historical and mythical past, so as to adapt it to new political and cultural agendas; on the other hand, by shifting the border between the spheres of human and divine power in order to ensure themselves the legitimacy and loyalty stemming from religious thought and practice. Discussed evidence comprises Greek and Egyptian sources, literary and documentary texts, iconographic and archaeological evidence from the Macedonian conquest of Egypt under Alexander to the ascension of Ptolemy III Euergetes. Whenever possible, a new, encompassing evaluation of old evidence has gained new impetus from the intensive analysis of newly published sources. Secondly, the complex cultural and social factors operating in the construction and legitimation of the Ptolemaic dynasty have been discussed by drawing on the contribution of up-to-date scholarship in cultural and religious history as well as in sociology. The rooting of Ptolemaic power in Egypt and the Eastern Mediterranean is studied as the movement from the immediate but unstable right of conquest established by Alexander, and subsequently claimed by the satrap Ptolemy, to the development of a mature and coherent system of power practices and representations. The structure of the book is meant to provide readers with a chronological and thematic discussion ranging from Alexander’s conquest of Egypt to the first years of Ptolemy III. However, the six chapters that constitute this study can also be read separately as they are conceived as the monographic treatment of major moments or aspects of the cultural, political, and religious history of the early Hellenistic period. Chapter 1 deals with the premises of Ptolemaic power in Egypt by focusing on the time of Alexander’s conquest. The implications of Alexander’s sonship to Zeus Ammon in propaganda and in religion are reviewed by drawing attention to the plurality of audiences (Macedonians, Greeks, Egyptians) for which this motif was conceived and used. Chapter 2 discusses the conflicting patterns of legitimation in the age of the Successors and how Ptolemy exploited them in his rise from satrap to king. Some seminal moments of Ptolemy’s career are re-examined: the acquisition of Alexander’s corpse as a source of embodied legitimacy; the interactions between the leader and pre-existing Macedonian and Egyptian elites as they appear in assembly scenes of Greek historiography and in the hieroglyphic Satrap stele; Ptolemy’s help to the Rhodians against Antigonus and Demetrius and the entanglement between royal charisma and religious honours. Chapter 3 focuses on the figure of Dionysus in Ptolemaic religion and culture from a twofold perspective. Firstly, the chapter provides an innovative analysis of the religious and ideological role of Dionysus in Ptolemy II’s Alexandrian procession described by Callixeinus of Rhodes. Secondly, it aims at offering a contribution for a reappraisal of the figure of Dionysus, of his cults and of the role of his figure within the larger context of the Ptolemaic Empire in the third century BC. Chapter 4 discusses the patterns of divinization of Arsinoe II within the royal couple through the most complete documentary dossier collected thus far on the subject. Rather than constituting the aim of the research, the debate concerning the chronology of Arsinoe’s death and divinization has provided the rough framework for a new investigation of how the image of a solid royal couple was invented and spread in religious life and in propaganda. Diachronic developments in the configurations of the dynastic couple are traced through Greek and Egyptian evidence and discussed in relation to the changing of political agendas during the reign of Ptolemy II. Chapter 5 studies the contribution of Ptolemy III to the construction of Ptolemaic dynastic continuity through old and new evidence, notably by providing fresh observations concerning the recently published decree of Alexandria (243 BC) for the understanding of Ptolemaic royal festivals in general and, more in particular, for the history of the festival Ptolemaia in the second half of the 3rd century BC. Chapter 6 breaks with chronological continuity to trace, through literary and documentary evidence from the Roman period, the development of the tradition envisaging Alexander’s body as a talismanic relic protecting the city of Alexandria. The purpose of this epilogue is to provide a methodological essay of interpretation of cultural traditions in the longue durée, when patterns of continuity developed under the Ptolemies were separated from their original context of diffusion and consequently were re-used to shape the civic identity of Alexandria within the new and broader framework of the Roman Empire. Although focus on the construction of a dynasty as a sequence of legitimate, kindred holders of monarchic power makes Ptolemaic kings and queens the central object of this study, it is argued that sovereigns cannot be considered as the sole holders of the initiative in the political, ideological and religious processes relating to the construction of royal and dynastic imagery. On the contrary, it appears that social agents other than the holders of supreme leadership not only reacted to top-down stimulation, but they also constructed, for their own use, representations of the monarchs that interacted with the message issued by the central power. From this perspective, therefore, dynastic continuity results from the intertextual combination of a variety of ideological and religious motifs stemming from different agents and occasions of communication. [less ▲]

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See detailBrain metabolic dysfunction in Capgras delusion during Alzheimer’s disease: a positron emission tomography study
Jedidi, Haroun ULg; Daury, Noémy; Rémi, Capa et al

in American Journal of Alzheimer's Disease & Other Dementias (in press)

Capgras delusion is characterized by the misidentification of people and by the delusional belief that the misidentified persons have been replaced by impostors, generally perceived as persecutors. Since ... [more ▼]

Capgras delusion is characterized by the misidentification of people and by the delusional belief that the misidentified persons have been replaced by impostors, generally perceived as persecutors. Since little is known regarding the neural correlates of Capgras syndrome, the cerebral metabolic pattern of a patient with probable Alzheimer’s disease (AD) and Capgras syndrome was compared with those of 24 healthy elderly subjects and 26 AD patients without delusional syndrome. Compared to the healthy and AD groups, the patient had significant hypometabolism in frontal and posterior midline structures. In light of current neural models of face perception, our patient’s Capgras syndrome may be related to impaired recognition of a familiar face, subserved by the posterior cingulate/precuneus cortex, and impaired reflection about personally relevant knowledge related to a face, subserved by the dorsomedial prefrontal cortex. [less ▲]

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See detailIñigo de Brizuela et Andrés de Soto, deux regards sur la politique
Pirlet, Pierre-François ULg

in II ENCUENTRO DE JÓVENES INVESTIGADORES EN HISTORIA MODERNA - Actos [à préciser] (in press)

Iñigo de Brizuela and Andrés de Soto, both confessors of the Archdukes were key figures at Brussels' court. Each of them used to influence the policy, using different bias. But they weren't trying to ... [more ▼]

Iñigo de Brizuela and Andrés de Soto, both confessors of the Archdukes were key figures at Brussels' court. Each of them used to influence the policy, using different bias. But they weren't trying to reach similar goals: Brizuela carefully acted to preserve Spanish interests in the Catholic Netherlands, while de Soto struggled for a Catholic victory. Their political actions and its reasons will be covered by this paper. [less ▲]

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See detailBoucle et répétition : musique, littérature, arts visuels
Belloi, Livio ULg; Delville, Michel ULg; Levaux, Christophe ULg et al

Book published by Presses Universitaires de Liège (in press)

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See detailNon-isothermal moisture balance equation in porous media: a review of mathematical formulations in Building Physics
Dubois, Samuel ULg; Lebeau, Frédéric ULg; Evrard, Arnaud ULg

in Biotechnologie, Agronomie, Société et Environnement = Biotechnology, Agronomy, Society and Environment [=BASE] (in press)

Understanding heat and mass transfers in porous materials is crucial in many areas of scientific research. Mathematical models have constantly evolved, their differences lying mainly in the choice of the ... [more ▼]

Understanding heat and mass transfers in porous materials is crucial in many areas of scientific research. Mathematical models have constantly evolved, their differences lying mainly in the choice of the driving potentials used to describe moisture flows, as well as in the complexity of characterizing the physical phenomena involved. Models developed in the field of Building Physics (HAM models) are used to describe the behavior of envelope parts and assess their impact on user comfort and energy performance. The water balance equation can be described in many ways; it is a function of the boundary conditions considered and the fact they induce high or low water content in the porous materials used. This paper gives an overview of various formulations for this equation that are found in the Building Physics literature. It focuses first on the physically based formulation of moisture balance, drawing on the Representative Elementary Volume (REV) concept, coupled with thermodynamic flow rates description. This is then reformulated in line with various main moisture state variables offering a wide variety of expressions that are compared with available models. This approach provides access to all secondary transport coefficients associated with the process of mathematical transformation. Particular emphasis is placed on the moisture storage function choice and its impact on the final mathematical formulations. [less ▲]

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See detailF. Guicciardini, Le lettere, vol. XI
Jodogne, Pierre ULg; Moreno, Paola ULg

Book published by Istituto Storico Italiano per l’Età Moderna e Contemporanea (in press)

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See detailTypus melancholicus et mélancolie : Synthèse théorique à partir d’un cas clinique
Englebert, Jérôme ULg; Stanghellini, Giovanni

in Encéphale (L') (in press)

Objective: The objective of this paper is to propose, starting from the description of a clinical emblematic case, a theoretical synthesis of the work of phenomenological psychopathology dedicated to ... [more ▼]

Objective: The objective of this paper is to propose, starting from the description of a clinical emblematic case, a theoretical synthesis of the work of phenomenological psychopathology dedicated to melancholia and typus melancholicus (TM), a clinical concept that describes the premorbid personality vulnerable to major depression (“melancholia” for the psychopathological tradition). Method: This is phenomenological analysis of a case study of melancolia, of its premorbid personality and pathogenic triggering situation. We adopt two main phenomenological keys to understanding the develpment of melancholia : role-identity theory and desynchronization theory. The former understands melancholia as a disorder of identity triggered by the loss of the social role with which one has previously over-identifed. The latter sees melancholia as the effect of the desynchronisation from the social environment that further develops into an inhibition of the conative–affective dynamics of life. We present the case of Jonas (64 years old), whose mother (94 years old) recently died. Before his mother’s death, Jonas’ life was entirely orchestrated by the caring for his mother and synchronized in time with this (e.g., he used to go to her house every 4 hours, took all his meals with her, etc.). Jonas, in addition to being hyper-synchronized and hyper-syntonic, fulfills all diagnostic criteria for TM, including “orderliness”, “conscientiousness”, “hyper/heteronomia” and “intolerance of ambiguity”. TM’s attach a disproportioned importance to their social roles (or external representations of identity) at the expense of their own ego-identity. Results: The passage from pre-morbid personality to melancholia is triggered by the death of Jonas’ mother that entails a profound depersonalization. Desynchronization and role loss cause Jonas fall into this severe depersonalization, whose core feature is the feeling of the loss of feeling. Conclusions: This original contribution demonstrates a clinical case can contribute to the construction and refinement of theoretical and conceptual frameworks (like princeps Tellenbach's studies). Over-synchronized tempo and over-identification with social role are emblematically in this case the two sides of the same coin. A parallelism can be established between synchronization (with the mother) and respect for the role at the expense of own identity. The clinical case of Jonas highlights a conceptual bridge between the model of melancholia as loss of social role and the model of melancholia as desynchronization. [less ▲]

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See detailAntoine Galland d'après deux témoignages contemporains inédits
Bauden, Frédéric ULg

in Hitzel, Frédéric (Ed.) Actes du colloque de Smyrne consacré à Antoine Galland et Alî Ufkî (in press)

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See detail"How very un-Dominican of him" ou la merveilleuse masculinité d’Oscar Wao
Berlage, Pauline ULg

in Banoun, Bernard; Tomiche, Anne; Zapata, Mónica (Eds.) Fiction(s) du masculin (in press)

Dans le cadre de la littérature de l’exil, il a souvent été question de subjectivités entre-deux, de sujets in-between, et de réflexions entre un « ici » aliénant et un « là-bas » idéalisé. En réaction à ... [more ▼]

Dans le cadre de la littérature de l’exil, il a souvent été question de subjectivités entre-deux, de sujets in-between, et de réflexions entre un « ici » aliénant et un « là-bas » idéalisé. En réaction à cette pensée binaire et suite aux réflexions postcoloniales, les mouvements migratoires sont aujourd’hui célébrés et associés aux figures d’identités composées . Par ailleurs, notre compréhension des migrations a fortement évolué depuis une quinzaine d’années, on ne parle donc plus aujourd’hui de relocalisations unidirectionnelles et permanentes mais plutôt de communauté transnationale et de cultures globalisées selon un agencement postcolonial . C’est dans cette optique que j’observerai quelles sont les différentes masculinités issues de la diaspora dominicaine en confrontation dans le roman de Junot Díaz La Brève et Merveilleuse Vie d’Oscar Wao, et, face à ces tensions de genre, de quelle manière la subjectivité masculine d’Oscar Wao est singulière. [less ▲]

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See detailOne injection of platelet-rich plasma associated to a submaximal eccentric protocol to treat chronic jumper's knee
Kaux, Jean-François ULg; Croisier, Jean-Louis ULg; Bruyère, Olivier ULg et al

in The Journal of sports medicine and physical fitness (in press)

INTRODUCTION: Jumper's knee is a frequent chronic overuse syndrome of the upper part of the patellar tendon. Platelets contain lots of growth factors which could enhance the healing process of tendons ... [more ▼]

INTRODUCTION: Jumper's knee is a frequent chronic overuse syndrome of the upper part of the patellar tendon. Platelets contain lots of growth factors which could enhance the healing process of tendons. METHODS: Twenty patients with chronic upper patellar tendinopathy were enrolled. Assessments were made before infiltration of PRP, and 6 weeks and 3 months after the infiltration, using a 10--point Visual Analogic Scale, clinical examinations with a pressure algometer, algofunctional scores (IKDC and VISA--P), functional assessments (isokinetic and optojump evaluations) and imagery (ultrasounds and MRI). The PRP was obtained with an apheresis system (COM.TEC, Fresenius). Six millilitres of PRP were injected without local anaesthetic. One week after infiltration, patients started a standardised sub--maximal eccentric reeducation. RESULTS: Pain during daily activities significantly decreased with time. During functional evaluation, it decreased as well, but without significant functional improvement. No improvements in the imagery measurements were observed. Younger patients seemed to be more susceptible to have an improvement of pain by the PRP infiltration. CONCLUSION: This study demonstrates that a local infiltration of PRP associated with a submaximal eccentric protocol can improve symptoms of chronic jumper's knee in patients non--responsive to classical conservative treatments. [less ▲]

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