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IBEX 35: 1992-2007


Pablo Fernandez


University of Navarra - IESE Business School

Vicente J. Bermejo-Boixareu


Universidad Carlos III

January 16, 2008


Abstract:     
We compute the shareholder value creation of the companies in the IBEX 35 for the 16-year period 1992-2007. The average return was 15.1%, but 4.4% was due to the decline in interest rates (from 12.5% to 4%). The shareholder value creation was 222 billion euros. As usual, smaller companies were more profitable.

Note: Downloadable document is in Spanish.

Number of Pages in PDF File: 20

Keywords: IBEX 35, shareholder value creation, IGBM, ITBM, Spain

JEL Classification: G12, G31, M21

working papers series


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Date posted: January 17, 2008 ; Last revised: January 23, 2008

Suggested Citation

Fernandez, Pablo and Bermejo-Boixareu, Vicente J., IBEX 35: 1992-2007 (January 16, 2008). Available at SSRN: http://ssrn.com/abstract=1084507 or http://dx.doi.org/10.2139/ssrn.1084507

Contact Information

Pablo Fernandez (Contact Author)
University of Navarra - IESE Business School ( email )
Camino del Cerro del Aguila 3
28023 Madrid
Spain
+34 91 357 0809 (Phone)
+34 91 357 2913 (Fax)
HOME PAGE: http://web.iese.edu/PabloFernandez/
Vicente J. Bermejo-Boixareu
Universidad Carlos III ( email )
Calle Madrid, 126 Office 7.1.02
Getafe, Madrid 28903
Spain
+34 91 6249772 (Phone)
Feedback to SSRN (Beta)


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