Learn what conflict of interest is, how it arises, and how to manage it in various domains. See examples of personal, professional, financial, organizational, and other types of conflicts of interest. ABSTRACT Conflict of interest is a concept that arises when individuals or entities involved in business face situations where their personal interests or relationships could potentially compromise their objectivity, judgment, or loyalty. This abstract aims to provide an overview of the concept of conflict of interest, its ethical implications, and its significance in the business world. The presence of a conflict of interest can cast doubt on the integrity of decision-making processes ... Learn what a conflict of interest is, how it affects decision-making and performance, and what types of conflicts exist in business and personal relationships. Find out how to disclose and manage conflicts of interest effectively and legally. What is a Conflict of Interest? A conflict of interest occurs when an individual’s personal interests (financial, familial, social or otherwise) have the potential to interfere with their professional obligations or decision-making on behalf of an organisation.
