Conflict of Interest (EN / 2019)
About the Lecture
The lecture Conflict of Interest (EN / 2019) by Lecturio Online Courses is from the course Corporate Compliance Training (EN). It contains the following chapters:
- Conflicts of Interests
- Practical Example
Included Quiz Questions
What characterizes conflicts of interests?
- Conflicts of interests are situations in which your own personal interest, or of someone who is close to you, conflicts with the interests of your employer.
- Conflicts of interests are legally prohibited and can have criminal consequences for you.
- As long as you always behave ethically, you have no legal consequences to fear.
- Conflicts of interests are situations in which your own personal interest, or of someone close to you, conflicts with the interests of a colleague.
You become aware of a conflict of interests in your company. What should you do? * You can select more than one answer.
- Talk to your colleagues and supervisors in order to make the situation transparent.
- Try to ensure an objective decision making and organize the decision-making bodies accordingly.
- Notify the trade control office. Conflicts of interests are prohibited!
- Do nothing. Conflicts of interests are pseudo-problems without any repercussions.
A good friend of yours is applying to a job in your company. She is the best candidate for it. What should you do? * You can select more than one answer.
- You hire her but coordinate the decision with your supervisor first.
- You let colleagues decide, who will do this exclusively on the basis of objective criteria.
- You hire her, after all she is the best candidate.
- You choose a different applicant, because you don’t want to be accused of providing favors to people you like.
Author of lecture Conflict of Interest (EN / 2019)
Lecturio Online Courses
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