  |
|
|
||||
|
||||
Shareholder Value Creation of Banco Popular: 1991-2006
Pablo Fernandez University of Navarra - IESE Business School Jose Maria Carabias London Business School; University of Navarra - IESE Business School January 24, 2007 Abstract: We compute the Shareholder Value Creation of Banco Popular. The market cap of Banco Popular increased between December 1991 and December 2005 in 14.9 billion euros. The shareholder value creation during this period was 13.4 billion euros. The average shareholder return of Banco Popular in this 15 years was 19.3%, higher than that of the IBEX 35 (15.4%). Average inflation was 3.3%. We also compare the shareholder return of Banco Popular with that of other banks.
Keywords: Value creation; shareholder value creation; Banco Popular JEL Classifications: G12, G31, M21 Working Paper SeriesDate posted: January 27, 2007 ; Last revised: August 31, 2008Suggested CitationContact Information
|
|
||||||||||||||||||||||||||
© 2009 Social Science Electronic Publishing, Inc. All Rights Reserved. Terms of Use Privacy Policy
This page was served by apollo2 in 0.110 seconds.
Download
Facebook
Twitter
Digg
Del.icio.us
CiteULike
