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A b c McChesney, Robert. Rules in the executive branch tend to be stricter and easier to enforce than in the legislative branch. To cite only one example, researchers have tied this decline in investigative journalism to an increased coverage of the "police blotter". Conflict of interest in the health care industry edit Main article: Conflict of interest in the health care industry The influence of the pharmaceutical industry on medical research has been a major cause for concern. 83 Sachs, Jeffrey. Legislators cannot adequately represent the interests of constituents without also representing some of their own. For Wikipedia's guidelines regarding editing with ulterior motives, see. (One way to understand this is to use the term "conflict of roles". 43 "Blind trust" edit A politician who owns shares in a company that may be affected by government policy may put those shares in a blind trust with themselves or their family as the beneficiary. 32 In response to criticism that the profession not only failed to predict the financial crisis but may actually have helped create it, the American Economic Association has adopted new rules in 2012: economists will have to disclose financial ties. Business Ethics and Corporate Responsibility. Judicial disqualification, also referred to as recusal, refers to the act of abstaining from participation in an official action such as a court case/legal proceeding due to a conflict of interest of the presiding court official or administrative officer.
, in which an official who controls an organization causes it to enter into a transaction with the official, or with another organization that benefits the official only. The criticism disappeared, and Fox paid Nielsen's fees. News World Report, September 3, 1962,. 6 Generally (unrelated to the practice of law) edit More generally, conflicts of interest can be defined as any situation in which an individual or corporation (either private or governmental) is in a position to exploit a professional. 2, in the legal profession, the duty of loyalty owed to a client prohibits an attorney (or a law firm ) from representing any other party with interests adverse to those of a current client. 7 There often is confusion over these two situations. For example, the price of sugar in the United States has been roughly double the international price for over half a century. Lo, Bernard; Marilyn. Further details may exist on the talk page. "Economics of Conflicts of Interest in Financial Institutions".