Artigo Acesso aberto

Euro Stoxx 50: 1997-2006 Shareholder Value Creation in Europe

2007; RELX Group (Netherlands); Linguagem: Inglês

10.2139/ssrn.968714

ISSN

1556-5068

Autores

Pablo Fernández, Jose M. Carabias, J. Ma Aznar Aznarez, Óscar E. Carbonell López,

Tópico(s)

Corporate Finance and Governance

Resumo

2006 was a good year for the shareholders of the companies in the Euro Stoxx 50. The shareholder value creation of these 50 companies was €246.1 billion. The companies that created more value for their shareholders were Santander (€16.2 billion), Endesa (€15.8 billion), Suez (€15.6 billion) and Telefonica (€14.8 billion). The companies that destroyed more value were: Sanofi Synthelabo (-€10.7 billion), Nokia (-€3.4 billion) and Telecom Italia (-€2.9 billion).

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