Potential Conflict of Interests Between Inside and Outside Shareholders

Author(s):  
Chamu Sundaramurthy ◽  
Douglas Lyon ◽  
Author(s):  
Olha Bondarenko ◽  
Petr Malanchuk ◽  
Mikhail Dumchikov

All countries suffer from corruption to a greater or a smaller degree. An effective combination of measures aimed at preventing and fighting corruption guarantees success in counteracting this destructive, harmful phenomenon. The role of community in fighting corruption is growing at the current stage of the development of the state and the society. Thus, the right of the public to take measures to counteract corruption is embedded at both the international (the UNO Convention against Corruption) and the national (the Constitution of Ukraine, the laws of Ukraine «On Corruption Prevention», «On Petitions of Citizens», «On Access to Public Information», etc.) levels. This right can be exercised in three forms. The first is the participation of individual citizens who have attained majority in fighting corruption. The second form is the participation of public organizations. Thus, there are about 200 anti-corruption NGOs currently active in the country. The third form is the activity of mass media, for example, spreading information on the anti-corruption investigations. There are also two groups of methods that the public can use to exercise its right to counteract corruption: information-consulting and dynamic (active). The first group includes: the possibility to request and obtain information, in the amount and according to the procedure not prohibited by law, on the activities of preventing and fighting corruption from the bodies of state and local governance; the possibility to take part in parliamentary hearings; the possibility to report the revealed facts of corruption or corruption-related violations, of real or potential conflict of interests to specially authorized subjects in the sphere of counteracting corruption, to National Agency of Corruption Prevention, to the management or other representatives of the body, company, institution or organization where these violations happened or whose employees have a conflict of interests; the possibility to introduce initiatives to the subjects of the legislative initiative on improving the legislative regulation of relations emerging in the sphere of preventing corruption, and on taking measures aimed at informing the public on preventing corruption. The group of dynamic methods includes the possibility to initiate and conduct a public anti-corruption expertise, as well as scientific and sociological research on the problems of preventing corruption, and also the possibility to have public anti-corruption control. Besides, the legislation provides for a possibility to implement other anti-corruption measures that are not prohibited by law. One of the key methods of counteracting corruption is the anti-corruption training of the potential subjects of corruption offences. The authors conclude that the public is a key full-fledged subject of fighting corruption in Ukraine.


2014 ◽  
Vol 42 (1) ◽  
pp. 38-52 ◽  
Author(s):  
Niklas Juth

This text is about obtaining and sharing genetic information when there is a potential conflict of interests between patients and their families and relatives. The patient or, in this text, the “index-person,” is someone who is considering obtaining or already has obtained genetic information about herself through genetic testing.The index-person can have several reasons to take an interest in obtaining her genetic information. She may want to know if she has a genetic predisposition for a disorder in order to take measures for preventing its development. Even if there are no preventive measures, as is the case with Huntington's disease, for instance, she may still want to know whether she has the mutation, in order to adjust her future plans. These interests that an individual may have in obtaining genetic information have been used to argue in favour of a right to know.


2020 ◽  
pp. 095968012090663
Author(s):  
Susan Corby ◽  
Pete Burgess ◽  
Armin Höland

Labour courts in many European countries have a tripartite structure, with a professional judge sitting with employer and employee lay judges. This article focuses on employee judges, who face a potential conflict between their partisan role defending workers and their role as an impartial judge. Using cognitive dissonance as our theoretical framework and drawing on over a 100 interviews in three European countries, we found that many British and German interviewees said that they had not experienced any conflict of interests. Others, however, reported such conflict, especially initially, and demonstrated adaptation strategies that appeared consistent with cognitive dissonance theory. Moreover, there were national variations: conflict in France appeared more pervasive and enduring than in Britain or Germany.


2021 ◽  
Vol 49 (2) ◽  
pp. 57-62
Author(s):  
Dmytrychenko-Kuleba G ◽  

To date, the study of such categories as conflict of interest, real conflict of interest, potential conflict of interest is important in the field of public administration. After all, the work of the subjects of power in a real or potential conflict of interest interferes with the work of the enterprise, institution, organization. This negatively affects the efficiency, effectiveness of public administration, leads to negative economic and legal consequences. The object of research is the prevention and settlement of conflicts of interest. The purpose of the work is to analyze ways to prevent and resolve conflicts of interest. Research method – method of comparison, method of analysis. KEYWORDS: CONFLICT OF INTERESTS, REAL CONFLICT OF INTERESTS, POTENTIAL CONFLICT OF INTERESTS, PUBLIC GOVERNANCE.


2019 ◽  
Vol 8 (3) ◽  
pp. 47-57
Author(s):  
Tim A. Herberger ◽  
Andreas Oehler ◽  
Florian Wedlich

Football companies (equivalent to professional sport teams) are increasingly challenged with raising capital. However, future athletic success is highly uncertain and associated cash flows are difficult to predict which makes it difficult to attract investors. An alternative financing instrument that has become more popular in recent years is Third Party Ownership arrangements (TPOs). TPO is a way for financiers to invest in the player squad of a football company and therefore reducing investment risks. Due to the wide usage in football and legal concerns about TPOs, FIFA has forbidden the implementation of TPOs since 2015. But, the question arises, whether a ban of TPOs is really appropriate avoiding a potential conflict of interests as well as problems in ethics and compliance. To address these aspects and finally to judge the appropriateness of TPOs for football companies and the ban itself, a financing-theory-oriented view on the design and functional possibilities of TPOs is needed, but still missing in the literature. Our paper tries to fill this gap and sets the economic basics for a profound legal and economic discussion on the use of TPOs in football as well as sports in general.


2013 ◽  
Author(s):  
I. Nyoman Angga Wirama ◽  
I. Gusti Ngurah Dwiputra ◽  
Ariesta Handoko Pratama ◽  
Supriyadi
Keyword(s):  

2010 ◽  
pp. 475-482
Author(s):  
Janusz Salamon, SJ

The article is a polemic with the pessimistic assessment of the current state of the Christian-Jewish dialog presented by Waldemar Chrostowski in his recent book Kościół, Żydzi, Polska [The Church, Jews, Poland]. The author criticizes Rev. Chrostowski for defining the Christian-Jewish and Polish-Jewish relations in terms of strict opposition and unavoidable conflict of interests, and for putting all blame on Jews, while absolving Christians from all their past and present sins which contributed to the tensions between the two communities.


Author(s):  
F. L. Azizova ◽  
U. A. Boltaboev

The features of production factors established at the main workplaces of shoe production are considered. The materials on the results of the study of the functional state of the central nervous system of women workers of shoe production in the dynamics of the working day are presented. The level of functional state of the central nervous system was determined by the speed of visual and auditory-motor reactions, installed using the universal device chronoreflexometer. It was revealed that in the body of workers of shoe production there is an early development of inhibitory processes in the central nervous system, which is expressed in an increase in the number of errors when performing tasks on proofreading tables. It was found that the most pronounced shift s in auditory-motor responses were observed in professional groups, where higher levels of noise were registered in the workplace. The correlation analysis showed a close direct relationship between the growth of mistakes made in the market and the decrease in production. An increase in the time spent on the task indicates the occurrence and growth of production fatigue.Funding. The study had no funding.Conflict of interests. The authors declare no conflict of interests.


Author(s):  
L. Huang ◽  
Ya. Lai ◽  
Yi. Yang

Objective. To provide a basis for the effective prevention of the same type of poisoning events through analyzing the causes of an occupational acute simple asphyxiating gas poisoning incident.Method. Descriptive epidemiological method was used to investigate the related personnel of the poisoning incident, detect poisonous and harmful gases in the air of the scene, and collect and analyze the clinical data of patients.Result. The poisoning incident led to 1 death and 2 poisoning. All of them were male. The dead patient was 38 years old, and two injured patients were 37 and 31 years old, respectively. The day after the accident, the contents of phenol, toluene, hydrochloric acid and oxygen were determined in the reactor where the accident occurred. The results showed that the maximum concentration of phenol, toluene and hydrochloric acid (CM) was 0/m3 , which did not exceed the occupational exposure limit of harmful factors in the workplace stipulated by GBZ2.1–2007. Also, the oxygen content was 10.0%, which was lower than the oxygen content in normal air.Conclusion. This is an acute simple asphyxiating gas poisoning incident caused by the employing unit managers and operators’ weak awareness of occupational hygiene and safe operation. The employing unit managers and operators should strengthen occupational safety training, strictly implement the occupational health management system, and prevent such incidents.Funding. Th e study had no funding.Conflict of interests. The authors declare no conflict of interests.


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