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IESE (España)
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Banco Popular: Impact of the Real Estate Cycle and the Sovereign Crisis in Spain - Teaching Note
Hernandez, Eva; Rahnema Alavi, Ahmad; Suárez, José LuisTeaching Note FT-102-EFinance, StrategyOn Sunday, September 30, 2012, Banco Popular's Board of Directors was summoned to an urgent meeting; the Board faced a difficult decision about the future of the bank. The results of the stress test performed by consultants and external advisors on a large part of the Spanish financial sector had been made public that Friday. According to the stress test, in an adverse macro scenario, Banco Popular would need ¿3.2 billion in additional capital ...Starting at €0.00
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Banco Popular: Impact of the Real Estate Cycle and the Sovereign Crisis in Spain
Hernandez, Eva; Rahnema Alavi, Ahmad; Suárez, José LuisCase F-892-EFinance, StrategyOn Sunday, September 30, 2012, Banco Popular's Board of Directors was summoned to an urgent meeting; the Board faced a difficult decision about the future of the bank. The results of the stress test performed by consultants and external advisors on a large part of the Spanish financial sector had been made public that Friday. According to the stress test, in an adverse macro scenario, Banco Popular would need 3.2 billion in additional capital to...Starting at €8.20
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Abengoa, S.A. ¿se debería ampliar capital a mediados de 2015?
Suárez, José LuisCase F-925Accounting and Control, Business Ethics and Corporate Social Responsibility, FinanceA mediados de 2015, Abengoa, S.A. estaba muy endeudada en opinión de analistas externos y de la propia dirección que había puesto en marcha un plan de limitación de nuevas inversiones y de venta de activos que parecía no estar dando buenos resultados. El endeudamiento era producto de un cambio de estrategia en la década anterior, de ser una empresa de servicios de ingeniería pasó a invertir en proyectos de infraestructuras. Abengoa mantuvo la act...Starting at €8.20
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WeWork´s Failed IPO: What Does the Future Hold for Financing Digital Tranformation
Suárez, José LuisCase F-952-EFinanceWeWork was highly successful in capturing funds through successive rounds of capitalization and expanding its businesses. It was one of the leading workspace proprietors in New York and London. The problem centered on the fact that its losses grew at the same pace as its sales and value in capitalization rounds. The high value of the company set the bar very high for its IPO, to the extent that it didn?t have necessary demand from investors.Starting at €8.20
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Neinor Homes (B): The Early Years as a Publicly Quoted Company
de Apellániz, Eduardo; Suárez, José LuisCase F-950-ECorporate Governance, FinanceThe case concerns the first IPO of a real estate developer in Spain, which took place in March 2017 after more than ten years without any being produced, and which was to be the largest in Europe. The residential development industry in Spain was recovering, and Neinor Homes, which aimed to set a new standard with a modern business model, a highly professional managerial team, and a strong investment in land, seemed to be poised to lead the buddi...Starting at €5.74
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Abengoa, S.A. Se debería ampliar capital a mediados de 2015 - Nota del instructor
Suárez, José LuisTeaching Note FT-109Decision Analysis, FinanceA mediados de 2015, Abengoa se encontraba muy endeudada, tanto en opinión de analistas externos como de la propia dirección, que había puesto en marcha un plan de limitación de nuevas inversiones y de venta de activos que no parecía estar dando buenos resultados. El endeudamiento era producto de un cambio de estrategia que se había producido en la década anterior: la empresa había pasado de centrarse en ofrecer servicios de ingeniería a invertir ...Starting at €0.00
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Indexa Capital: preparando una nueva ronda de capitalización
Suárez, José Luis; Mariola SorianoCase F-963Finance, Information TechnologiesIndexa Capital es el primer robo-advisor establecido en España. Sus fundadores tienen experiencia tanto en el emprendimiento como en nuevas tecnologías y gestión de inversiones. Indexa se especializa en inversión pasiva, y sigue el modelo de otras empresas que operan en Estados Unidos y Europa. Han tenido dos rondas de capitalización y negocian un acuerdo para la entrada diferida de un nuevo inversor en su capital. El instrumento elegido es un pr...Starting at €8.20
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Determinación de la tarifa del sector eléctrico
Suárez, José LuisCase F-961FinanceEl Gobierno debe determinar las tarifas que aplicará el sector eléctrico del país. Por primera vez, se usará un modelo financiero que tiene en cuenta los recursos invertidos por las empresas del sector y una estimación de la rentabilidad que se debería asegurar a estas. El caso permite calcular el WACC (weighted average cost of capital) agregado para el sector y buscar su mejor uso en esta materia. Este caso sustituye el caso F-378 "El caso del ...Starting at €8.20
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Ecosystem Services: Definition, Classifications and Valuations
Suárez, José Luis; Jiménez, MiguelTechnical Note FN-652-EFinanceIn this note the current stage of Ecosystem Services is explored: definitions, existing classifications, methodologies, databases, and prospects. The global fight against climate change was accelerated through the targets set in the Paris Agreement, and since then, countries, companies and organizations have established compulsory and voluntary decarbonization pledges. A big part of the pledges is believed to be achieved through the service provi...Starting at €8.20
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Abengoa, S.A. Should capital be increased in mid-2015 (Portuguese version, Portugal)
Suárez, José LuisCase F-925-PPAccounting and Control, Business Ethics and Corporate Social Responsibility, FinanceIn mid-2015, Abengoa, S.A. was highly indebted, in the opinion of both management and external analysts. A plan was launched to limit new investments and sett assets that were not performing. The level of debt was the result of a change in strategy with regards to the previous decade, from being an engineering services company to investing in infrastructure projects. Abengoa continued to do engineering, but mostly, at the time of writing, for the...Starting at €8.20