Ayala Corporation is the oldest conglomerate in the Philippines and was controlled by the Zobel de Ayala family for seven generations. In the last 25 years, Ayala has evolved from a family-owned real estate in a broadly diversified and professionally managed business group, with a significant number of non-family shareholders. Between the company and its four largest subsidiaries, the Ayala group for a quarter of the market capitalization of the Philippines Stock Exch … Read more »

Ayala Corporation is the oldest conglomerate in the Philippines and was controlled by the Zobel de Ayala family for seven generations. In the last 25 years, Ayala has evolved from a family-owned real estate in a broadly diversified and professionally managed business group, with a significant number of non-family shareholders. Between the company and its four largest subsidiaries, the Ayala group for a quarter of the market capitalization of the Philippines Stock Exchange. Provides data to the value created for shareholders Ayala in the ten years to 2006, when the transition to the seventh generation of the Zobel de Ayala family culminated judge.
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from
Belen Villalonga,
Raphael Amit,
Chris Hartman
Source: Harvard Business School
23 pages.
Publication Date: Oct 18, 2006. Prod #: 207041-PDF-ENG
Ayala Corp. HBR case solution

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