For example, a large sum of money can be a more worrisome source of conflict than a small token. However, there are certain types of conflict that people are known to have and society is willing to accept if these conflicts are both expected and transparent.
But when, one might ask, would anyone give up a duty to be treated in a less than loyal way?
One example lies in the area of joint ventures. The governance and operation of JVs can certainly raise conflict of interest concerns. Given the inherent tension in situations of this sort, those involved have good reason to clearly articulate applicable duties and expectations.
These codes and policies are intended to legislate how business dealings between the joint venture company and a venture partner or its affiliates will be conducted and define the rights and responsibilities of the joint venture company and the venture partners regarding corporate opportunities.
They often reflect the nature of the industry in which the particular joint venture will operate. In technical joint ventures, for example, the focus of conflict of interest policies is often the ownership, use and commercialization of intellectual property rights.
As the Gibson Dunn publication further notes: But venture partners generally have a direct voice on the board. In addition, when they enter into the venture, they have the opportunity to negotiate specific contractual rights designed to protect their interests.
In fact, in many circumstances, they will waive their common law or statutory fiduciary protections, relying instead on a set of negotiated contractual protections.Turning to the merits of the protest, the record shows that the agency disqualified AGI because of the contracting officer’s conclusion that AGI may have had access to competitively useful, non-public information that may have been helpful in .
News, analysis, and discussion about conflict of interest dispute, compliance, and interests.
Bias in the research literature and conflict of interest: an issue for publishers, editors, reviewers and authors, and it is not just about the money. Jan 01, · Whether an improper bias or conflict of interest exists and what response is appropriate may depend in part on the character of the land-use decision involved.
Decisions by citizen boards may be one of three types--advisory, legislative, or quasi-judicial. A conflict of interest (COI) is a situation in which a person or organization is involved in multiple interests, financial or otherwise, and serving one interest could involve working against another.
Rosenstein's comment came hours after President Trump wrote on Twitter that Mueller should "list his conflicts of interest.".