Conflicts of interest, Business Management

Assignment Help:

Conflicts of interest arise whenever executives have a private interest in the outcome of the task or responsibility they carry  out on behalf of their employers.  As a company employee, the executive owes his employer the duty to act solely for the benefit of his or her employer and not in the interest of the employee or third party; the employee?s loyalty must be undivided.  Whenever a conflict of interest exists, the executive cannot be said to act solely for the benefit of the employer, because the conflict of interest may cause the executive to engage in a course of action that is not in the best interest of the company or to fail to exercise independent judgment on behalf of the company, thereby breaching the duty of loyalty the executive owes to his employer.


Related Discussions:- Conflicts of interest

Evaluation of a peer reviewed article., Reread the following peer-reviewed ...

Reread the following peer-reviewed journal article from the previous unit''s study and begin looking for each of the six core elements as noted in the Unit 4 assignment. The six co

#title managing communication, carry out appropriate changes to improve the...

carry out appropriate changes to improve the collection, formatting, storage and dissemination of information and knowledge in your organisation

Costco, Describe Costco’s two primary internal core business principles

Describe Costco’s two primary internal core business principles

Joint ventures may or may not be preferred to wholly owned, QUESTION ‘T...

QUESTION ‘The internalization theory posits that firms would have a strong incentive to avoid joint venture agreements since they are viewed as second best alternatives in allo

What are the characteristics of a good plan, QUESTION 1 (a) What are the...

QUESTION 1 (a) What are the characteristics of a good plan (b) Discuss the circumstances under which planning might fail. QUESTION 2 F. Hertzberg made a distinction bet

ERP (SAP).., The process is check-in /drop bag at the airport .i will provi...

The process is check-in /drop bag at the airport .i will provide you with some files about this self-service systems .u need to cover ERP (SAP)

Differentiate between tall and flat organizations, QUESTION (a) (i)...

QUESTION (a) (i) What is information overload? Illustrate your answer through a practical example. (ii) How could each of the factors below contribute to information ove

Business environment in strategic formulation, Business environment in stra...

Business environment in strategic formulation A business strategy depicts how a specific business proposes to succeed in its preferred market place versus its competitors. It

Discuss customer expectations and customer delight, Problem Discuss cus...

Problem Discuss customer expectations and customer delight Importance of customer satisfaction Characteristics of dissatisfied customers Factors for generating cust

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd