Over the past ten years and despite two economic and financial crises, the average annual TSR of the Western Stock markets was 8% per year (with an average inflation of 2%). A sample of 250 major Western corporations reached a TSR of 10% per year. How was value created overthis period? Where will it come from in the next five, ten and twenty years?
Published in Challenges, October 2015
https://estin.com/wp-content/uploads/2019/07/estin-and-co-logotype-blanc.png 0 0 WPestin https://estin.com/wp-content/uploads/2019/07/estin-and-co-logotype-blanc.png WPestin2015-09-01 00:00:562019-09-14 18:16:56Where does value come from?