conflict of interest
A conflict of interest refers to a situation where an individual or entity has competing or conflicting personal, professional, or financial interests that could potentially influence their actions, decisions, or judgment, compromising their impartiality or objectivity.
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Related Concepts (23)
- bribery and corruption
- conflict resolution strategies
- corporate governance
- disclosure requirements
- dual agency
- employee loyalty
- ethical considerations
- ethical considerations in aspect experiments
- fair competition
- fiduciary duty
- financial impropriety
- insider trading
- intellectual property rights
- legal obligations
- nepotism and favoritism
- personal relationships
- potential for abuse
- professional codes of conduct
- professional integrity
- regulatory compliance
- research ethics
- subjectivity and bias
- trust and transparency