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Conflict of Interest Policy
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What is a Conflict of Interest Policy?
The Conflict of Interest policy helps to clarify what may be considered a conflict and then details the process your company undertakes to manage the conflict process.
Why is a Conflict of Interest Policy important?
Conflicts of interest affect companies of all sizes, SME SaaS companies are no exception. Such conflicts can lead to board decisions whic are again the company’s best interests, or which may have an adverse impact on its reputation. Decisions which are affected by a conflict of interest can be legally invalid and/or challengeable.
Each member of staff has an obligation to act in the best interests of the company and are required to declare conflicts of interest.
Conflict of Interest Policy Sections
What are conflicts of interest
How to manage conflicts
Information barriers
Disclosing an interest
Declining to act
Conflict of Interest Policy Related
Related terms: Conflict of interest company policy, Corporate conflict of interest, Conflict of interest management.
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