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File name: SSRN-id1740556. ; Size: 163K
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Shareholder Return and Value Creation of 125 Spanish Companies in 2010 (Rentabilidad y Creación de Valor de 125 Empresas Españolas en 2010) (Spanish)
Pablo Fernandez
University of Navarra - IESE Business School
Javier Aguirreamalloa
IESE Business School
Luis Corres Avendaño
IESE
January 14, 2011
Abstract:
90 companies out of 125 had negative return in 2010 (133 out of 136 in 2008). The companies destroyed value in 2010 (117 billion euros), and also in 2008 (420 billion euros) and in 2007 (17 billion euros). The average return of the 125 companies was-11% in 2010, 30% in 2009 and -40% in 2008.
Note: Downloadable document is in Spanish.
Number of Pages in PDF File: 13
Keywords: Shareholder Value Creation, Spain, Shareholder Return, Shareholder Value Destruction
JEL Classification: G12, G31, M21
working papers series
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Date posted: January 15, 2011
Suggested CitationFernandez, Pablo, Aguirreamalloa, Javier and Avendaño, Luis Corres , Shareholder Return and Value Creation of 125 Spanish Companies in 2010 (Rentabilidad y Creación de Valor de 125 Empresas Españolas en 2010) (Spanish) (January 14, 2011). Available at SSRN: http://ssrn.com/abstract=1740556 or http://dx.doi.org/10.2139/ssrn.1740556
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