Conflict of Interest Risk
type: Class
subclass of: RxTxaN981tLTsN82qPBcp
definition: Conflict of Interest Risk refers to the potential for ethical, legal, or reputational issues arising when an individual's personal interests, relationships, or obligations compromise their ability to make impartial decisions on behalf of their organization or role. These conflicts can lead to biased decision-making, decreased trust, or even regulatory penalties, ultimately impacting the organization's integrity and performance