Conflict of interests

Managing conflict of interests is crucial to ensuring transparency, accountability, and ethical decision-making. A conflict of interests arises when personal or financial interests influence the ability to act in the best interest of an organisation. For boards and directors, identifying and mitigating these conflicts is essential for maintaining trust, upholding legal responsibilities, and safeguarding the integrity of governance processes. Effective conflict of interests management fosters better decision-making, reduces risks, and ensures that all stakeholders are treated fairly, thus protecting the organisation’s long-term reputation and success.

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