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Words in Business News
By Jon Fernquest

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[Thai Economics Library | Archives (for history)]
September 16, 2008

Conflict of interest

a conflict of interest (noun) - when personal gain conflicts with the duties of your job (See Wikipedia)

conflicts of interest in the financial markets
regulating conflicts of interest in the financial markets
a conflict of interest resulting from inside information

this conflict of interest may undermine our clients' trust

a glaringly obvious conflict of interest
a potential conflict of interest

growing conflict of interest between different sectors of their business
the growing awareness of potential conflict of interest

avoid a conflict of interest
resigned to avoid a conflict of interest

denied any conflict of interest
we see no conflict of interest
the supposed conflict of interest
address conflict of interest issues

should not take on a case if you or your firm has a conflict of interest
he had placed himself in a position in which there was a conflict of interest and duty
conflict of interest and unfairness

nothing inherently wrong with a conflict of interest situation in itself
when a conflict of interest situation is abused
consider all conflict of interest situations

resolve a conflict of interest
conflict of interest which he hoped to resolve in the very near future
this conflict of interest must ultimately be resolved
resolution of the most sensitive conflict of interest
resolution of a conflict of interest
appoint an advisor to resolve this conflict of interest

conflict of interest abuse, shrouded in secrecy
evidence of a conflict of interest
a possible conflict of interest had been discovered

the contract of agency envisaged that they might have such a conflict of interest

favouritism and conflict of interest
favouritism and conflict of interest between the the government and business relations

event risk results from the potential conflict of interest between different claimants on the firm's assets

conflict of interest between the principals each of whom will be concerned to attract potential purchasers to their property rather than that of another


Example sentences:

* You should not take on a case if you or your firm has a conflict of interest.

* The conflict of interest is glaringly obvious.

* It is important to note, however, that there is nothing inherently wrong with a conflict of interest situation in itself; the issue is whether such a situation is handled properly.

* Conflict of interest is something that potentially faces all the people involved in running the organisation .

* At an economic level, when a conflict of interest situation is abused the tendency is for that abuse to distort the efficient allocation of (scarce) resources within the economy.

* Some argue that conflict of interest situations are, by and large, handled properly, and that abuse is rare.

* Though there is clearly a potential conflict of interest, it is far from clear that the law against insider trading would be broken by a firm that took advantage of it.

* He resigned from the board of Hong Kong & Shanghai Banking Corporation, a large creditor, last week, apparently to avoid a conflict of interest.

* To resolve this conflict of interest, a board appoints an independent adviser, usually a merchant bank.

* There is evidence of a conflict of interest.

* In the case of estate agents, it is their business to act for numerous principals: where properties are of a similar description, there will be a conflict of interest between the principals each of whom will be concerned to attract potential purchasers to their property rather than that of another.

* There could be no doubt that by competing with the plaintiffs both as regards supplies and customers he had placed himself in a position in which there was a conflict of interest and duty.

* The Miller spokeswoman confirmed that Sainsbury had been aware of the plans, and that as it was a non-retail development, there would be no conflict of interest.

* In managing these open areas of moorland and forest there is often a conflict of interest between conservationists, environmentalists and those who wish to ensure the best conditions for the farm animals.

* The development of fully-fledged headhunting firms owes much to a growing conflict of interest between different sectors of their business experienced by the management consultants and accountants who operated headhunting departments.

* Although the government denies any conflict of interest, the appearance of something shady may have damaged Mr Harcourt's New Democratic Party.

* We are now beginning new ways of thinking about whether to feed mice or kill them, plant trees or chop them down which require new balances of conflict of interest.

* He also said there was as much chance of a player becoming injured by falling down the stairs as playing for Essex, but admitted there was a conflict of interest which he hoped to resolve in the very near future.

* The emotional problems associated with a possible conflict of interest may need to be recognised.
might present Olivetti with a conflict of interest

* You could be forgiven for thinking this might present Olivetti with a conflict of interest but the company sees it differently.

* These enterprises present an alternative aspect of the supposed conflict of interest between ironmasters and the rest of the community that ordinarily commanded attention.

* A more refined version of the laissez-faire approach outlined above, and one which seems to command the attention of some economists and policy makers, is premised on the idea that it is unhelpful to consider all conflict of interest situations in the same way.

* Having established that there is a sound basis for regulating conflicts of interest in the financial markets, and bearing in mind the very real contribution which economic analysis can make, let us move on and isolate some of the pressing conflict of interest situations which can be found in financial conglomerates post-Big Bang.

* Secondly, conflict of interest abuse, being shrouded in secrecy, is not easy to detect still less proved beyond all reasonable doubt.

* This conflict of interest must ultimately be resolved since a social system containing such contradictions cannot survive unchanged.

* Nor did the fact that the defendants had a direct financial interest in securing a sale of Vertigo constitute a breach of fiduciary duty since the contract of agency envisaged that they might have such a conflict of interest.

* Centralizing wage negotiations in this way has, however, removed from most farms the resolution of the most sensitive conflict of interest between farmers and farm workers.

* This conflict of interest may undermine our patients' trust that our decisions on whether or not to treat, investigate, or refer are based solely on their needs rather than on what the fund can afford.

* The memorandum may also address any conflict of interest issues and set out where the perceived responsibilities (and, therefore, risks) lie.

* The report pointed to favouritism and conflict of interest between the then Chirac government and business relations.

* Judge Helman had earlier rejected a prosecution request for a retrial after a possible conflict of interest had been discovered among the jurymen.

* Event risk results from the potential conflict of interest between different claimants on the firm's assets, that is, different classes of bondholder and shareholder.

* A further motive for rethinking organisational structures has been the growing awareness of potential conflict of interest.


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