Preliminary communication

THE DARK SIDE OF COMPLEX INFORMATION TECHNOLOGY INTENSIVE FIRMS

Jonatan Jelen ; Th e New School for Design, New York, USA
Marko Kolaković ; Faculty of Economics and Business Zagreb. University of Zagreb

Abstract

While the Complex Information Technology-Intensive (CITI) fi rms of the ‘new
economy’ have contributed to expanding the context and creation of social value in unprecedented
ways they still may have a dark side: A substantial portion of this new benevolent
image and laudable reputation rests on a very specifi c framework of self interest and self
serving preservation and perpetuation with three central tenets: regulatory capture, regulatory
arbitrage, and regulatory opportunism. In this paper the attempt is made to expose
and reconcile this confl icted character of CITI firms, as their seeming imperative of social
value creation is being achieved with controversial quasi-regulatory practices.

Keywords

CITI Firms; Regulatory Opportunism; Regulatory Arbitrage

Hrčak ID:

60991

URI

https://hrcak.srce.hr/60991

Publication date:

30.6.2010.

Article data in other languages: croatian

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