conflict of interest

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conflict of interest

A situation in which a person's or group's private interests may potentially be or come to be in opposition or conflict with their public or official role. A: "I heard that officer was removed from the case due to a conflict of interest." B: "Yeah, his cousin is now one of the suspects."
See also: conflict, interest, of

conflict of ˈinterest(s)

a situation in which there are two jobs, aims, roles, etc. and it is not possible for both of them to be treated equally and fairly at the same time: There was a conflict of interest between his business dealings and his political activities.
See also: conflict, interest, of
References in periodicals archive ?
The Commissioner said therefore, the new law should provide for the disclosure of conflict of interest of all public officers and public representatives.
Also, a potential conflict of interests may be more or less substantial.
It is also important to clarify that a conflict of interests may or not be perceived as such by the involved person.
Another study (11) reported that authors' conflict of interests was significantly associated with positive trial outcomes in industry-supported clinical trials in psychiatry.
Indeed, some professional associations have issued statements according to which failure to disclose a financial conflict of interests may constitute grounds for disciplinary action (20).
Conflict of interest (COI) issues are gaining increased attention due to concerns about the objectivity with which research is conducted or is influenced by financial support and other external influences.
On a basic level, conflict of interest deals with perceived or actual bias.
For this reason, NSF requires that recipients of its funding manage conflict of interest. Properly disclosing and managing conflict of interest goes a long way to dispelling perceived bias in research.
There are many definitions of conflict of interest. Conflict of interest may concern individual or institutional financial interest, collaborations, commitments and relationships, and can broadly be defined as:
Tsonev referred Yaneva's case to a still non-existent body a a commission under the Conflict of Interest Act intended to prevent conflict of interest of senior state officials, whose members are appointed by the President, Cabinet, and Parliament.
Even though the Supreme Judicial Council itself has a commission on conflict of interest, its chair Stefan Petrov has explained that it cannot launch a probe based solely on media publications.
"I know that there has been no conflict of interests in the true meaning of the phrase and the lawyers have filled in declarations to show this," he added and concluded that he hoped that there would be no need for "Plan B".
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