Journal of Business Ethics 39 (1-2):67 - 74 (2002)
AbstractThis 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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Citations of this work
Religion, the Nature of Ultimate Owner, and Corporate Philanthropic Giving: Evidence From China.Xingqiang Du, Wei Jian, Yingjie Du, Wentao Feng & Quan Zeng - 2014 - Journal of Business Ethics 123 (2):1-22.
Dominant Articulations in Academic Business and Society Discourse on NGO–Business Relations: A Critical Assessment. [REVIEW]Salla Laasonen, Martin Fougère & Arno Kourula - 2012 - Journal of Business Ethics 109 (4):521-545.
Analogical Encoding Fosters Ethical Decision Making Because Improved Knowledge of Ethical Principles Increases Moral Awareness.Jihyeon Kim & Jeffrey Loewenstein - 2021 - Journal of Business Ethics 172 (2):307-324.
A Pilot Qualitative Study of “Conflicts of Interests and/or Conflicting Interests” Among Canadian Bioethicists. Part 2: Defining and Managing Conflicts. [REVIEW]Andrea Frolic & Paula Chidwick - 2010 - HEC Forum 22 (1):19-29.
Acknowledging the Purpose of Partnership.Stuart Macdonald & Tom Chrisp - 2005 - Journal of Business Ethics 59 (4):307-317.
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