Advanced Search
MyIDEAS: Login to save this paper or follow this series

Rentabilidad y creación de valor de las empresas españolas en 2006 (y en el periodo 1993-2006)

Contents:

Author Info

  • Fernandez, Pablo

    ()
    (IESE Business School)

  • Carabias, Jose M.

    (IESE Business School)

Abstract

En 2006, Banco Santander fue -entre las 123 empresas que cotizaron en el mercado continuo- la que más valor creó para sus accionistas, seguida de Endesa, Telefónica, Arcelor, BBVA e Iberdrola. Veintiuna empresas destruyeron valor, siendo EADS la que más valor destruyó. La empresa más rentable para sus accionistas en 2006 fue Inmocaral (en 2005 fue Sniace). Sólo doce empresas tuvieron una rentabilidad negativa para sus accionistas, y 64 de las 123 proporcionaron una rentabilidad inferior a la del IBEX 35 (36%). 107 empresas proporcionaron a sus accionistas una rentabilidad superior a la de los bonos del Estado. Las diez mayores empresas supusieron el 57% de la capitalización total. Las 37 empresas más pequeñas sólo representaron el 1% de la capitalización total. En los años 1994, 1997-1998, 2000-2006, y en el promedio del período 1992-2006, las empresas pequeñas fueron más rentables que las grandes.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://www.iese.edu/research/pdfs/DI-0676.pdf
Our checks indicate that this address may not be valid because: 404 Not Found. If this is indeed the case, please notify (Silvia Jimenez)
Download Restriction: no

Bibliographic Info

Paper provided by IESE Business School in its series IESE Research Papers with number D/676.

as in new window
Length: 22 pages
Date of creation: 17 Feb 2007
Date of revision:
Handle: RePEc:ebg:iesewp:d-0676

Contact details of provider:
Postal: IESE Business School, Av Pearson 21, 08034 Barcelona, SPAIN
Web page: http://www.iese.edu/
More information through EDIRC

Related research

Keywords: Creación de valor; rentabilidad para accionistas; capitalización bursátil; Aumento valor para accionistas; relación entre tamaño y rentabilidad; ROE y rentabilidad para accionistas;

Find related papers by JEL classification:

This paper has been announced in the following NEP Reports:

References

No references listed on IDEAS
You can help add them by filling out this form.

Citations

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:ebg:iesewp:d-0676. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Silvia Jimenez).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.