Abstract

  
 

References (4)



 


 



Endesa 1991-2005


Pablo Fernandez


University of Navarra - IESE Business School

Jose Maria Carabias


London Business School; University of Navarra - IESE Business School

June 27, 2006


Abstract:     
We compute the Shareholder Value Creation of Endesa. The market cap of Endesa increased between December 1991 and December 2005 in 18,994 million euros. The shareholder value creation during this period was 13,090 million euros. The average shareholder return of Endesa in this 14 years was 15.2%, higher than that of the IBEX 35 (14.0%). We also compare the shareholder return of Endesa with that of other utilities.

Number of Pages in PDF File: 41

Keywords: Endesa, Shareholder Value Creation, Shareholder Value Added, creación de valor para los accionistas, aumento del valor para los accionistas, rentabilidad para los accionistas

JEL Classification: G12, G31, M21

working papers series


Download This Paper

Date posted: July 6, 2006  

Suggested Citation

Fernandez, Pablo and Carabias, Jose Maria, Endesa 1991-2005 (June 27, 2006). Available at SSRN: http://ssrn.com/abstract=912407 or http://dx.doi.org/10.2139/ssrn.912407

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/
Jose Maria Carabias
London Business School ( email )
Sussex Place
Regent's Park
London, NW1 4SA
United Kingdom
University of Navarra - IESE Business School ( email )
Camino del cerro del Águila
Madrid
Spain
Feedback to SSRN (Beta)


Paper statistics
Abstract Views: 1,124
Downloads: 243
Download Rank: 61,653
References:  4

© 2013 Social Science Electronic Publishing, Inc. All Rights Reserved.  FAQ   Terms of Use   Privacy Policy   Copyright
This page was processed by apollo5 in 0.640 seconds