Mickey Flannery
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Jun 23, 2024 · A conflict of interest occurs when an entity or individual becomes unreliable because of a clash between personal (or self-serving) interests and professional duties or responsibilities.
A conflict of interest is a set of conditions in which professional judgment concerning a primary interest (such as a patient's welfare or the validity of research) tends to be unduly influenced by a secondary interest (such as financial gain).
Mar 10, 2023 · A conflict of interest is a situation in which an entity has competing responsibilities or interests. In business, a conflict of interest arises when a person's personal interests conflict with their professional obligations. Conflicts of interest often have legal consequences.
Aug 17, 2023 · A conflict of interest is a scenario in which the interests of an individual holding a position of authority, power, or their favored relatives have the potential to, or do, inappropriately influence the execution of their duties and responsibilities.
a situation in which someone cannot make a fair decision because they will be personally affected by the result: The mayor is himself involved in local businesses and has been accused of a conflict of interest.
Jan 21, 2022 · Conflicts of interest arise when people use their professional or financial relationships for personal gain. These instances can crop up in corporate settings, nonprofits, public offices, and businesses alike. Learn more about what makes for a conflict of interest and how to stop them from happening.
Mar 10, 2023 · A conflict of interest is when you have a certain personal interest that may interfere with the interests you must have as someone connected to another person or entity, like your employer. A conflict of interest can cause one party to question what another party's intentions are.
Jun 4, 2024 · Understanding and addressing conflicts of interest is crucial for maintaining ethical standards, preserving public trust, and ensuring unbiased decision-making across various domains, including academia, research, healthcare, finance, and government.
Sep 26, 2018 · This situation is known as a conflict of interest -- and it occurs when a person or organization has an obligation to more than one person or organization and cannot act in the best interests of both parties. The definition doesn’t stop there.
A conflict of interest arises when what is in a person’s best interest is not in the best interest of another person or organization to which that individual owes loyalty.
