conflict of interest


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con·flict of in·ter·est

a conflict between the professional or personal interests and needs of a health care provider and his or her professional responsibilities toward a patient or other consumer (for example, financial gain based on a particular outcome or use of one drug rather than another).

conflict of interest

Prejudice or bias that may occur when one's impartiality is compromised by opportunities for personal gain or occupational advancement, or by the chance that one's work may support a favored point of view or social agenda.

con·flict of in·ter·est

(kon'flik in'tĕr-ĕst)
Contradiction between the professional or personal interests and needs of a health care provider and his or her professional responsibilities toward a patient.
References in periodicals archive ?
In the context of Canadian municipal politics, a conflict of interest is the clash of a private interest with a public duty.
The issue of conflict of interest regained traction recently in the wake of allegations that MPs were stymieing laws relating to property foreclosures because many of them are indebted to banks.
bg, informed that the changes expanded the scope of people covered by the Conflict of Interest Act.
Bulgaria's Supreme Judicial Council decided not to investigate Yaneva for conflict of interest or breaching judiciary ethics, although the council's inspectorate later found her guilty of breaking procedural rules at four different occasions in her handling of the case, all resulting in continued delay of court proceedings.
Third, WAME confirms the seriousness of failure to disclose conflict of interest by indicating that editors have a responsibility for investigating, and if relevant acting, if competing interests surface after a manuscript is submitted or published.
The subtle distinction between conflict of interest and bias must also be emphasized.
In addition, the indictment said Wong was guilty of a conflict of interest in actions he took as a commissioner while having a financial interest in Evergreen or its subsidiary, EVA Airways.
FACA amendments created specifically for the NAS in 1997 state that "the Academy shall make its best efforts to ensure that no individual appointed to serve on a committee has a conflict of interest that is relevant to the functions performed, unless such conflict is promptly and publicly disclosed and the Academy determines that the conflict is unavoidable.
Various authors have speculated that ethics training programs and seminars might positively influence ethical employee behavior when confronted by a conflict of interest (Ferrell and Gresham 1985; Laczniak, Berkowitz, Brooke and Hale 1995; Wiley 1995; Wood 1995).
Thus, these scientists were covered by the conflict of interest standard, not the bias standard.
The inherent conflict of interest is just as problematic in the design and construction world.
In doing so, the adviser had failed to disclose to its clients all the material facts surrounding this investment recommendation--namely, the adviser's conflict of interest when it recommended a stock not as a disinterested adviser, but as part a scheme to profit personally.

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