IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this paper

IBEX 35: 1991-2010. Rentabilidad y creación de valor

Listed author(s):
  • Fernandez, Pablo


    (IESE Business School)

  • Aguirreamalloa, Javier

    (IESE Business School)

  • Corres, Luis

    (IESE Business School)

La creación de valor para los accionistas del IBEX 35 en 2010 fue -¿87 millardos (en 2009 fue ¿97 y en 2008 -¿238) y la rentabilidad (teniendo en cuenta los dividendos) fue -12,9% (en 2009 38,3% y en 2008 -36,5%). Entre 1991 y 2010 la creación de valor para los accionistas fue ¿23 millardos y la rentabilidad media 11%, aunque una parte importante de ésta (un 2,9%) se debió al descenso de los tipos de interés en el periodo. Las empresas pequeñas fueron más rentables (en media) que las grandes: la rentabilidad media del ITBM (11,8%) fue superior a la del IBEX 35 (11%). El volumen de negociación de las empresas del IBEX 35 supuso más del 95% de la negociación del mercado continuo. Las 6 mayores empresas supusieron el 71% de la capitalización y las 18 más pequeñas el 10%. También se analiza la evolución del IGBM desde 1940 y del S&P 500 desde 1926.

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:
Download Restriction: no

Paper provided by IESE Business School in its series IESE Research Papers with number D/890.

in new window

Length: 24 pages
Date of creation: 07 Jan 2011
Handle: RePEc:ebg:iesewp:d-0890
Contact details of provider: Postal:
IESE Business School, Av Pearson 21, 08034 Barcelona, SPAIN

Web page:

More information through EDIRC

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

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

When requesting a correction, please mention this item's handle: RePEc:ebg:iesewp:d-0890. 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: (Noelia Romero)

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.

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.