Avoiding Conflicts of Interest
Almost every week there's a front-page story about a corporate employee or public official who engaged in an activity tainted by a conflict of interest. Without a doubt, the surge in private-sector conglomerates and joint ventures has increased the potential for conflicts of interest to arise.
Conflicts of interest can create bad publicity, damage a company's reputation and goodwill, and interfere with the company's performance. More and more companies are addressing with this issue by establishing a conflicts-of-interest policy and communicating it to all those who perform any work for the company.
Program Summary
The topics covered in the program include —
- Overview of conflicts of interest
- Relationships with customers and suppliers
- Duty of loyalty
- Outside activities
- Financial interests
- Family and personal relationships
- Doing business with government employees
- Violations of policy
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