A conflict of interest arises when an individual's personal or financial interests clash with their professional or fiduciary duties, potentially compromising their impartiality or creating a bias in decision-making. Conflict of interest sentence examples can help identify and understand such situations. Here are some relevant keywords and examples of different types of conflict of interest: 1. Financial Conflict of Interest: — "The government official had a financial conflict of interest as he owned shares in the company he was regulating." — "The auditor's conflict of interest became evident when it was discovered that her spouse was a key employee of the audited company." 2. Personal Conflict of Interest: — "The judge had a personal conflict of interest in the case because he was childhood friends with the defendant." — "The journalist's personal conflict of interest surfaced when it was revealed that she was married to the CEO of the company she was covering." 3. Professional Conflict of Interest: — "The lawyer faced a professional conflict of interest when he realized he had previously represented the opposing party differently." — "The doctor's professional conflict of interest became apparent when he recommended a treatment solely because he owned a stake in the pharmaceutical company producing it." 4. Organizational Conflict of Interest: — "The consultant's ambiguous role led to an organizational conflict of interest as he simultaneously advised the company and a competitor." — "The construction company bidding on the project faced an organizational conflict of interest since its parent company was also one of the potential clients." 5. Governmental Conflict of Interest: — "The elected official's governmental conflict of interest became problematic when it was revealed that he received campaign funding from a lobbying group he supported." — "The procurement officer violated ethics rules by awarding a contract to his brother's company, exemplifying a governmental conflict of interest." 6. Research Conflict of Interest: — "The scientist failed to disclose his research conflict of interest as he received funding from a pharmaceutical company that stood to benefit from positive results." — "The university researcher's conflict of interest compromised the integrity of the study when it was discovered that he had a patent for the technology being tested." By understanding and acknowledging these different types of conflict of interest, individuals and organizations can take appropriate measures to mitigate such conflicts and maintain transparency and fairness in their actions.
Conflict Of Interest Sentence Examples
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I confirm that neither I nor any of my relatives nor any business with which I am associated have any personal or business interest in or potential for personal gain from any of the organizations or projects linked to XYZ AIS.
Hear this out loud PausePerforming evaluative research for a company in which the investigator has a financial interest. Accepting a paid consultancy with a company having an interest in your research. Using students to perform services for a company in which you have a financial interest.
Hear this out loud PauseA conflict of interest statement should include all sources of financial support (for example, sponsors, and grant numbers) other support for the study (such as collecting, analyzing, or interpreting data), writing or revising the manuscript, or any factor that limited (or will limit in the future) the investigators' ...
Hear this out loud PauseA conflict of interest occurs when an individual's personal interests ? family, friendships, financial, or social factors ? could compromise his or her judgment, decisions, or actions in the workplace. Government agencies take conflicts of interest so seriously that they are regulated.
Hear this out loud Pausean active disagreement between people with opposing opinions or principles: There was a lot of conflict between him and his father. It was an unpopular policy and caused a number of conflicts within the party. His outspoken views would frequently bring him into conflict with the president.