Mickey Flannery
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Jul 30, 2024 · Learn what a conflict of interest is, how it affects business and personal decisions, and what types of conflicts exist. Find out how to disclose and manage conflicts of interest effectively and legally.
- Troy Segal
- 1 min
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).
Aug 18, 2024 · 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 15, 2024 · 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.
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.
Aug 17, 2023 · Learn what conflict of interest is, how it affects individuals and organizations, and how to prevent and manage it. Find out the types, consequences, and examples of conflicts of interest, and the best practices to avoid them.
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.
