Shareholder Value Creation of Spanish Companies in 2010 (Until June 4)
11 Pages Posted: 9 Jun 2010
Date Written: June 8, 2010
Abstract
Only 23 Spanish companies out of 125 had positive return in 2010. The companies destroyed value for their shareholders in 2010 (155 billion euros), created value in 2009 (100 billion euros), and also destroyed value in 2008 (420 billion euros) and in 2007 (17 billion euros). The average return of the 125 companies was -27% in 2010, 30% in 2009 and -40% in 2008.
Note: Downloadable document is in Spanish.
Keywords: shareholder value creation, Spain, shareholder return, shareholder value destruction
JEL Classification: G12, G31, M21
Suggested Citation: Suggested Citation
Fernandez, Pablo and del Campo Baonza, Javier, Shareholder Value Creation of Spanish Companies in 2010 (Until June 4) (June 8, 2010). Available at SSRN: https://ssrn.com/abstract=1622203 or http://dx.doi.org/10.2139/ssrn.1622203
Feedback
Feedback to SSRN
If you need immediate assistance, call 877-SSRNHelp (877 777 6435) in the United States, or +1 212 448 2500 outside of the United States, 8:30AM to 6:00PM U.S. Eastern, Monday - Friday.