What is Conflict of Interest?

conflict of interest  For instance, it can lead to loss of revenue for the company, stolen company secrets, loss of efficiency, litigation, or loss of a job or position Examples of Note: A potential or actual conflict of interest exists when commitments and obligations are likely to be compromised by the nominator'other material

Why Does It Matter? · Undermining or negating the results of the research · Releasing privileged information or data to third parties The meaning of CONFLICT OF INTEREST is a conflict between the private interests and the official responsibilities of a person in a position

Interests of immediate family members 22 Employees must disclose any personal interests or relationships of their immediate family that are known to them, Your corporate conflict of interest policy should clearly define who that is, what their authority is, and when a matter will come to their review While they