Results 11 to 20 of about 488,854 (350)
Shareholder Value Creators and Shareholder Value Destroyers in USA. Year 2002 [PDF]
SSRN Electronic Journal, 2003 In this paper, we quantify shareholder value creation for 276 American companies. We provide the created shareholder value for each and every company for years 1998, 1999, 2000 and 2001. The market value of the 276 companies was 8,716 billion dollars in 2001 and 9,729 billion dollars in 2000.
Pablo Fernández, Laura Reinoso
core +6 more sources
The Pandemic and Shareholder Value
Symphonya, 2021 Shareholder value has driven corporate governance in North America for over a century. In the wake of significant financial crises and growing inequalities, corporate America decided in 2019 to embrace a more egalitarian model, in which all stakeholders ...
Calin Valsan
doaj +4 more sources
Hedging, Speculation and Shareholder Value [PDF]
Journal of Financial Economics, 2003 Abstract We document that gold mining firms have consistently realized economically significant cash flow gains from their derivatives transactions. We conclude that these cash flows have increased shareholder value since there is no evidence of an offsetting adjustment in firms’ systematic risk.
Tim Adam, Chitru S. Fernando
openalex +4 more sources
Shareholder Value Creation in Europe. EuroStoxx 50: 1997-2003 [PDF]
, 2004 2003 was a good year for the shareholders of the companies in the Euro Stoxx 50: the shareholder value creation of these 50 companies was €150,016 million.
Pablo Fernández, Alvaro Villanueva
openalex +3 more sources
Shareholder Value Creators and Shareholder Value Destroyers in Europe. Year 2002 [PDF]
SSRN Electronic Journal, 2003 2002 was a bad year for the shareholders of the companies in the Euro Stoxx 50: the shareholder value destruction of the companies in the Euro Stoxx 50 was 958,968 million euros. In 2002 only Eni created value (3,374 million euros). The remaining 49 companies destroyed value and had negative returns.
Fernandez, Pablo, Villanueva, Alvaro
openaire +3 more sources
Shareholder Theory/Shareholder Value [PDF]
, 2020 Shareholder theory states that the primary objective of management is to maximize shareholder value. This objective ranks in front of the interests of other corporate stakeholders, such as employees, suppliers, customers, and society.Shareholder theory argues that shareholders are the ultimate owners of a corporate’s assets, and thus, the priority for ...
O'Connell, Maeve, Ward, Anne Marie
openaire +5 more sources
A Definition of Shareholder Value Creation [PDF]
SSRN Electronic Journal, 2001 In this paper, we will define and analyze shareholder value creation. To help us understand this concept better, we will use the example of a listed company, General Electric, between 1991 and 2012. To obtain the created shareholder value, we must first define the increase of equity market value, the shareholder value added, the shareholder return, and
Fernández, Pablo
openaire +4 more sources
A Critique of Shareholder Value Maximization [PDF]
SSRN Electronic Journal, 2013 The majority of academic economists share the view that a corporation should serve the exclusive interests of its shareholders (shareholder value maximization). This view is fi rmly grounded on the extension, by Arrow (1953) and Debreu (1959) of the two welfare theorems to production economies with uncertainty and complete markets. This paper considers
Michael Magill +2 more
openalex +5 more sources
ROLE OF INNOVATION CAPABILITY IN INCREASING SHAREHOLDER VALUE (SALES GROWTH AS INTERVENING VARIABLE)
Manajemen dan Bisnis, 2014 This study aims to demonstrate that innovation capability as one of companies’ marketing capabilities has an important role in increasing shareholder value through superior market performance, i.e. the sales growth.
Masmira Kurniawati
doaj +2 more sources
Increasing Shareholders Value through NPV-Negative Projects
Contemporary Economics, 2010 The concept of Net Present Value (NPV) is a widely accepted tool for verification of financial rationality of planned investment projects. Projects with positive NPV increase a company's value.
Paweł Mielcarz, Paweł Paszczyk
doaj +1 more source