ESE - Escuela de Negocios

Título: Euro Stoxx 50: 1997-2005. Shareholder value creation in Europe Autor(es): Julio Aznarez L. Fecha Publicación: 01 Abril 2006 Código ESE Tipo de Publicación: Papers Académicos y Documentos de Trabajo

Reseña:

2005 was a very good year for the shareholders of the companies in the Euro Stoxx 50. The shareholder value creation of these 50 companies was €292.9 billion. The companies that created more value for their shareholders were Total (€30 billion), Sanofi-Synthelabo (€23.2 billion) and Eni (€20.7 billion). The companies that destroyed more value were Telecoms: Deutsche Telekom (-€14.8 billion), France Telecom (-€11.8 billion) and Telecom Italia (-€7.1 billion). In 2005, the Euro Stoxx 50 was a bit more volatile than the S&P 500.