Charitable conflicts of interest

Journal of Business Ethics 39 (1-2):67 - 74 (2002)

Abstract

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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Author's Profile

Chris MacDonald
Ryerson University

References found in this work

Cover.[author unknown] - 2017 - Journal of Medicine and Philosophy 42 (3):NP-NP.
Conflict of Interest.Michael Davis - 1982 - Business and Professional Ethics Journal 1 (4):17-27.
Conflict of Interest: A Response to Michael Davis.John R. Boatright - 1993 - Business and Professional Ethics Journal 12 (4):43-46.
Some Unresolved Ethical Issues in Auditing.Sally Gunz & John McCutcheon - 1991 - Journal of Business Ethics 10 (10):777 - 785.
Conflict of Interest as a Moral Category.Neil R. Luebke - 1987 - Business and Professional Ethics Journal 6 (1):66-81.

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