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 ?
Many developed countries practise this law of disclosing instances of conflict of interests on ethical grounds or to challenge perpetrators with the law.
The Code (see paragraph .12 of Interpretation 1.110.010) recommends that the CPA "disclose the nature of the conflict of interest to clients and other appropriate parties affected by the conflict and obtain their consent to perform professional services." For a particular conflict of interest, a specific disclosure to affected clients is recommended to enable the clients to make informed decisions as to whether to continue to engage the CPA firm's services.
Incidentally it is not Dravid alone who will then have breached the conflict of interest clause.
"The code of conduct for ministers makes it plain that ministers have to take particular care to avoid placing themselves in a potential conflict of interest or even a perception of a conflict of interest.
The Code of Professional Conduct places an affirmative duty on CPAs to take reasonable steps to identify circumstances that might create a conflict of interest before accepting a new client relationship, engagement, or business relationship.
" Every day, I get various questions from people with regard to conflict of interest.
Built on Microsoft SharePoint, ConvergePoint's COI Disclosure Software increases transparency and helps organizations meet compliance requirements by automating conflict of interest disclosure management.
Appearing for Srinivasan, senior advocate Kapil Sibal had challenged petitioner CAB and its secretary Aditya Verma to give a single instance where Srinivasan had acted in conflict of interest and caused loss to the board while favouring himself or his team.
Summary: You only need to review the news on any given day to find at least one story about a potential conflict of interest – from ...
This volume provides a comparative perspective on legal approaches to issues of corruption and conflict of interest across a broad array of (mostly European) jurisdictions.
The Bulgarian Socialist Party (BSP) has presented a set of amendments to the Conflict of Interest Act.
For the uninitiated, a conflict of interest is a situation in which an individual or an organisation has competing interests or loyalties--and, in the case of optics, the potential for conflicts of interest is high.

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