La noción de shareholder value y teoría de los stakeholders: visión contemporánea del concepto de “interés social” desde una perspectiva de creación de valor

By the present article, an exposition is made of what some label as the modern approaches to the concept of “social interest”: The theories of the “shareholder value” and of the “stakeholders”, which are a contribution of the American doctrine to the problem posed by the management of the corporations of our time. A study is offered here of their antecedents, conception, evolution and relation to the listed corporation to determine the consequences of applying one or another in the management of the great society of capitals.