Business Excellence, Vol. 4 No. 1, 2010.
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
Publication date:
30.6.2010.
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