41 Pages Posted: 10 Jul 2006
Date Written: June 27, 2006
We compute the Shareholder Value Creation of Iberdrola. The market cap of Iberdrola increased between December 1991 and December 2005 in 17,279 million euros. The shareholder value creation during this period was 14,424 million euros. The average shareholder return of Iberdrola in this 14 years was 17.3%, higher than that of the IBEX 35 (14.0%). We also compare the shareholder return of Iberdrola with that of other utilities.
Keywords: Iberdrola, 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
Suggested Citation: Suggested Citation