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Essentially all business is based on trust and the integrity of relationships вЂ" and even the appearance of a conflict of interest вЂ" can damage an individual.

But at its worst, conflicts of interest can degenerate into systemic corruption, where the interests of insiders are invariably put before the interests of others, including investors, employees and customers.

Often they can be a relatively innocuous, such as failing to declare an interest when there are complex decisions and interests to navigate through.

Conflict of interests occur often in corporate life, where multiple interests intersect and where objectivity and professional detachment have been replaced by self-interest and concealment.

“Corruptor”: Raj Rajaratnam.

Canberra, CDU, Deakin, Flinders, Griffith, La Trobe, Murdoch, Newcastle. QUT, Swinburne,

We are funded by CSIRO, Melbourne, Monash, RMIT, UTS, UWA,

The Conversation provides independent analysis and commentary from academics

Thomas Clarke receives funding from the Australian Research Council for a linkage project with Victoria University and the Federal Treasury on The Regulation of Small Corporations. Formerly he received funding from the Australian Research Council for a Linkage Project with Dibbs Barker Gosling on the Changing Roles of Company Boards and Directors..

Often they can be a relatively innocuous, such as failing to declare an interest when there are complex decisions…

Conflict of interests occur often in corporate life, where multiple interests intersect and where objectivity and professional detachment have been replaced by self-interest and concealment.

The curse of corporate conflicts

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From the curious to the serious

Academic rigour, journalistic flair

The curse of corporate conflicts