Charitable Conflicts of Interest
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This paper looks at conflicts of interest in the not-for-profit sector. It examines the nature of conflicts of interest and why they are of ethical concern, and then focuses on the way not-for-profit organisations are especially prone to and vulnerable to conflict-of-interest scandals. Conflicts of interest corrode trust; and stakeholder trust (particularly from donors) is the lifeblood of most charities. We focus on some specific challenges faced by charitable organisations providing funding for scientific (usually medical) research, and examine a case study involving such an organisation. One of the principal problems for charities of this kind is that they often distribute their funds within a relatively small research community (defined by the boundaries of a small region, like an American state or Spanish Autonomous region, or a small country), and it often proves difficult to find high-level researchers within the jurisdiction to adjudicate impartially the research grants. We suggest and recommend options appropriate for our case study and for many other organisations in similar situations.
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- Charitable Conflicts of Interest
Journal of Business Ethics
Volume 39, Issue 1-2 , pp 67-74
- Cover Date
- Print ISSN
- Online ISSN
- Kluwer Academic Publishers
- Additional Links
- business ethics
- conflict of interest
- organisational ethics
- Industry Sectors
- Author Affiliations
- 1. Department of Philosophy, Dalhousie University, Canada
- 2. Centre for Applied Ethics, University of British Columbia, Canada
- 3. Centre for Applied Ethics, University of British Columbia, Vancouver, BC, Canada, V6T 1Z2