It’s Easier to Control Risks if You Know What They Are
The potential for conflicts of interest in any company exists at all levels and is ever-changing. Companies are realizing that proactively collecting information about potential conflicts is easier than trying to detect them. Individuals are inclined to want to conceal a potential conflict of interest. After initial training and orientation, conflict of interest policies become an after-thought.
Most of the corporate scandals during the early 2000s arose from either relational or financial conflicts of interest, or both. CBE’s Conflict of Interest Questionnaire is an essential resource for strong risk management in public and public companies and non-profits