Cortoplacismo societario como una expresión del modelo de primacía de los accionistas y la necesidad de repensar dicho modelo: Estados Unidos y Colombia

Corporate short-termism is an expression of the shareholder primacy model, analyzed from its application in the United States and Colombia. Increased shareholder earnings in the short term could give rise to negative externalities in other stakeholders and jeopardize the future of the company and th...

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Bibliographic Details
Main Authors: Alvarado Guzmán, Daniela, López, Lina María
Format: Article
Language:Spanish
Published: 2021
Subjects:
Online Access:https://dialnet.unirioja.es/servlet/oaiart?codigo=8247490
Source:Díkaion: revista de actualidad jurídica, ISSN 0120-8942, Vol. 30, Nº. 2, 2021, pags. 462-498
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Summary: Corporate short-termism is an expression of the shareholder primacy model, analyzed from its application in the United States and Colombia. Increased shareholder earnings in the short term could give rise to negative externalities in other stakeholders and jeopardize the future of the company and the investments of the shareholders themselves in the long term. Hence, it is relevant and necessary to rethink this model, adopt the stakeholder model, and provide managers with a mediating role between the different stakeholders. Additionally, shareholders must be held accountable; it is time to start discussing the assignment of express duties to them, beyond good faith and the prohibition of abusing rights, as is the case of managers.