This is when a person has a duty to more than one individual or group, but both parties' varying interests make it impossible to act judiciously for either entity.
When a University employee is in a position to influence the conduct of a project for personal gain due to responsibilities or to arrangements with an outside entity.
A member of Council who has a direct or indirect pecuniary interest in any matter to be decided upon openly has a conflict of interest and refrains from voting on or discussing the matter.
Refers to situations when an individual has other competing financial, professional or personal obligations or interests that interfere with his or her ability to adequately perform required duties in a fair and objective manner.
A situation in which an evaluator's private interests affect her or his evaluative actions, or in which the evaluative actions might affect private interests.
A situation in which a University employee is in a position to influence the conduct of a project for personal gain due to the employee's responsibilities or arrangements with the sponsor.
a situation where the tending of one duty leads to disregard of another
In a clinical trial, a situation in which the interests of the researcher or institution are at odds with their professional obligation to the patient.
When a solicitor cannot act for a potential client because he would be unable to discharge his duty to the client because of a pre-existing professional relationship with another client or a duty owed to another
A situation where self interest could negatively impact the best interests of the person being served or the system.
The state of affairs when a person in a decision-making situation has a duty to others which could be at variance with a benefit to that person.
a conflict of interest arises when a person makes a decision or exercises power in a way that may be, or may be seen to be, influenced by their personal interests (financial or non-financial) or associations. Organisations can also have conflicts of interests.
Conflict of Interest occurs when the personal or professional concerns of a trustee or staff member affect his or her ability to put the welfare of the foundation before personal benefit. There is an extensive section in the Box on this subject; everyone associated with your foundation, in any capacity, should review its principles.
Any situation in which financial or personal obligations may compromise or present the appearance of compromising an individual's or group's professional judgment in conducting, reviewing, or reporting research. Conflicts of interest may arise because of the intellectual property involved in many research discoveries or industry-academic partnerships, from financial incentives pharmaceutical or biotech companies may offer researchers or physicians for conducting trials or enrolling subjects, or due to particular role relationships.
This term refers to the situation in which a person has a vested interest in the outcome of a decision, but tries to influence the decision making process as if they did not. In other words, they stand to benefit from a decision if it goes a particular way, but they participate in the decision making process as if they were neutral. An example would be an expert from the tobacco industry testifying that tobacco is safe and does not cause cancer. If he argued this on the basis of scientific merits, rather than his connection to the tobacco industry, he could be charged with having a conflict of interest which altered his position on tobacco research.
a situation in which a public official's decisions are influenced by the official's personal interests
a breach of the insider's duty to act in the best interests of the nonprofit
a dealing or relationship that might create an impression of possible bias
a dealing, relationship, or interest in the controversy or its outcome that may create bias or the perception of possible bias
an association or relationship which might create an impression of possible bias
a real or seeming incompatibility between one's private and one's professional interests
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 influence (such as financial gain)
a significant professional or personal involvement with the facts or the parties to a dispute
a situation in which an employee has the opportunity to influence a University decision that could lead to financial or other personal advantage, or that involves other conflicting official obligations
a situation in which an employee, officer, director or their family or friends, stands to benefit personally at the expense of the best interests of the Company
a situation in which an employee's private interest, usually of a financial or economic nature, conflicts or raises a reasonable question of conflict with the employee's public duties and responsibilities
a situation in which an individual's duty to one leads to the disregard of a duty to another
a situation in which a Task Force member, his/her organization, or a family member, would personally benefit based on the outcome of a particular decision made or action taken by the Task Force
a situation in which personal interests exist that could compromise the ability of an individual to carry out professional duties objectively
a situation or relationship in which professional, personal, or financial considerations could be seen by a fair-minded person as potentially in conflict with independence of judgement
a situation that arises when an opportunity for an officer or employee arises that could give him an individual advantage, or could also give the company as a whole a legitimate advantage
a situation where an individual, or the organization he or she represents or has an interest in, has a real, potential or perceived, direct or indirect competing interest with CIHR 's activities
a situation where any personal or business interests of a Volunteer are in conflict with the best interests of the Corporation
a situation where your personal interest (financial or otherwise) interferes with or influences your judgment and decision-making on behalf of the Company
The condition of being in a position where your own needs or desires may cause you to violate your duty to those who have a right to rely on you.
A clash between the private interest and the official public responsibilities of a person in a position of trust or power.
An investigator has a potential conflict of interest when he or she has a stake (such as personal financial benefit) in the outcome of the research study that might be different from his or her professional duties in conducting the study. For example, if an investigator owns a lot of stock in a company making a medicine, he or she might benefit if the research study shows that the medicine is safe and effective. However, he or she would also have an obligation to conduct the study in a fair and objective manner. Most hospitals, medical centers, universities and other institutions conducting research, including Children's Hospital Boston and Harvard Medical School, have policies to help prevent or manage conflicts of interest.
A person has a conflict of interest when the person is in a position of trust which requires her to exercise judgment on behalf of others (people, institutions, etc.) and also has interests or obligations of the sort that might interfere with the exercise of her judgment, and which the person is morally required to either avoid or openly acknowledge.
Exists when it is likely that a staff member could be influenced or could be perceived to be influenced by a personal interest when performing their official function.
Any relationship that is or appears to be not in the best interest of the organisation. A conflict of interest would prejudice an individual's ability to perform his or her duties and responsibilities objectively.
A conflict of interest occurs when an attorney, because of a prior relationship with a client, cannot undertake a new client whose interests may be, or even appear to be, inconsistent with the interests of the initial client.
A conflict of interest exists when an employee's financial interests or other obligations interfere, or appear to interfere, with the employee's obligations to act in the best interest of the University and without improper bias. The mere appearance of a conflict may be as serious and potentially damaging to the public trust as an actual conflict. Therefore, potential conflicts must be disclosed, evaluated, and managed with the same thoroughness as actual conflicts.
when an institutional review determines that a significant financial interest could directly and significantly affect the design, conduct or reporting of sponsored projects. Significant Financial Interest Disclosure
Situations in which employees use their positions for purposes that are, or give the appearance of being, motivated by a desire for private gain for themselves or others, such as those with whom they have family, business or other ties.
the conflict that is created when a writer allows personal interests (friendship, family, business connections, etc.) to influence the outcome of the story
A conflict between a one's obligation to the public good and one's self-interest. For example, if a member is asked to help decide whether to give a grant to Agency A and she is employed by Agency A, she has a conflict of interest.
The situation that results when an umpire takes money from the players, when a judge takes money from defendants and prosecutors, and when government officials take campaign contributions from people whose economic interests are affected by government policy-making. "We are the only people in the world required by law to take large amounts of money from strangers and then act as if it has no effect on our behavior." -- U. S. Rep. Barney Frank (D-Mass.)
the situation in which an agent¡¯s interests may be adverse to those of his or her principal; immediate disclosure is required.
A conflict between an individualâ€(tm)s personal interest and his or her public duty. This can exist whether or not money is involved, and whether the conflict is actual or only perceived.
Requirement 7 of the ICMS Directive states that all practitioners be impartial/neutral. A conflict of interest may arise when an ADR practitionerâ€™s financial or personal affairs or relationships can or do get in the way of his or her duties to the people in dispute. Perception is an important factor in deciding the presence of conflict of interest. (More information is available in the Values and Ethics Code for the Public Service).
An opposition, conflict, or antagonism between different interests.
The existence of a personal or private interest that gives rise to a clash of principle in a work situation, thus restricting, or having the appearance of restricting, the objectivity of decision making.
Threat to the public interest by a private interest; usually the position of a legislator unable to vote impartially due to some personal interest in a legislative matter.
A conflict of interest is where a person who is involved in the procurement has or may be perceived to have a personal interest in ensuring that a particular tenderer is successful. Actual and potential conflicts of interest must be declared by an person involved in a tender process.
A position taken by a legislator on a matter that threatens the legislator's ability to vote impartially due to some personal interest in a legislative issue (pursuant to House Rule 69 or Senate Rule 36).
A conflict of interest occurs when a person's private interests (usually financial) conflict with their professional duties.
any situation in which an employee influences university business, research, teaching, or other decisions in ways that lead or could lead to any form of personal financial gain for the individual or his/her family, or that give or appear to give improper advantage to others to the detriment of the university.
Financial, career, or other such interest, including interests of family members, that could be advanced by participation on an NIH advisory Council, IRB, or other advisory body. Go to 45 CFR 73 and 42 CFR 50.
Untenable position which threatens the ability of a legislator to vote impartially.
A clash between the best interests of a person or firm in one guise and their best interests in another; for example, as suppliers of services to two different clients who are competitors.
When a private investigator has a duty to more than one individual or group, but both parties' varying interests make it impossible to act impartially for either entity. For instance, a conflict of interest would arise if a PI accepted assignments from both a claimant and defendant in the same civil lawsuit.
Any situation in which an investigator's outside financial interests or obligations, whether real or perceived, have the potential to bias a research project or cause harm to human sujbects participating in a research project.
A situation occuring when an official's private interests may benefit from his or her public actions.
A conflict of interest arises when a faculty or staff member is in a position to influence the business, research, or other decisions of the University in relationship to an outside organization in ways that could lead directly or indirectly to financial gain for the faculty or staff member or the family of the faculty or staff member, or give improper advantage to others to the detriment of the University.
The existence of a personal interest of a legislator that affects the ability of that legislator to vote impartially.
The existence of apersonal interest of a legislator that affects theability of that legislator to vote impartially.
a clash between the personal pecuniary interest of the fiduciary/director and the interests of the cooperative to which the fiduciary duty of undivided loyalty is owed.
Failure to provide information about a conflict of interest. To take advantage of that conflict of interest.
When there is a clash between the private interest and the public interest of a person responsible for an evaluation. It is not necessarily fatal to validity (e.g., self-evaluation is a legitimate strategy), but may affect credibility unless various interests are suitably balanced.
See Conflict of Interest in Part II.
Refers to a situation when someone, such as a lawyer or public official, has competing professional or personal obligations or personal or financial interests that would make it difficult to fulfill his duties fairly.
A legal term used to describe the situation where a person or group of people are placed in a position of authority so that they may personally profit from a disservice to those to whom they are responsible.
A conflict of interest is a situation in which someone in a position of trust, such as a lawyer, a politician, or an executive or director of a corporation, has competing professional and/or personal interests. Such competing interests can make it difficult to fulfill his or her duties fairly. Even if there is no evidence of improper actions, a conflict of interest can create an appearance of impropriety that can undermine confidence in the ability of that person to act properly.
Any interest, financial or otherwise, any business or professional activity, or any obligation that is incompatible with the proper discharge of duties, or has the potential to gain a financial or competitive advantage or outcome through the involvement in activities related to those duties.
Federal regulations and University policies and procedures require disclosure and management of actual or apparent conflicts of interest related to sponsored programs. Any personnel involved in a sponsored program in which they have a significant financial interest must fill out the Conflict of Interest Disclosure Form. For more information, please see Conflict of Interest.
means that you have competing interests in something that would make it difficult or impossible for you to fulfill your duty impartially
Where two parties we act for have different interests we cannot protect the interests of both and therefore if a conflict arises a client or both clients may have to instruct another firm to look after their respective interests.
Conflict of Interest is an album by Darkwell released in 2002. The song "Twist in My Sobriety" is originally by Tanita Tikaram.