How would you define “conflict of interest” in regards to white collar crime?
user
A conflict of interest in the context of white collar crime is a situation in which an individual stands to benefit personally or financially from making a decision that may not be in the best interests of their organization, partners, or shareholders. An individual with a conflict of interest may make decisions that are aimed at improving their own situation while harming those they are obligated to serve.
assistant
How would you define “conflict of interest” in regards to white collar crime?
user
A conflict of interest is when an individual stands to gain personally from making a decision that may not be in the best interests of the company or organization they represent. An example of this would be a situation where someone works for a company but also moonlights as a consultant, providing advice to competitors. In this instance, their split loyalty creates an improper motivation and can potentially result in ethical or criminal wrongdoing.
assistant
How would you define “conflict of interest” in regards to white collar crime?