Conflict of Interest in Global, Public and Corporate Governance

Conflict of Interest in Global, Public and Corporate Governance
ISBN-10
1139789856
ISBN-13
9781139789851
Category
Law
Language
English
Published
2012-11-29
Publisher
Cambridge University Press
Authors
Lukas Handschin, Anne Peters

Description

Conflict of interest occurs at all levels of governance, ranging from local to global, both in the public and the corporate and financial spheres. There is increasing awareness that conflicts of interest may distort decision-making processes and generate inappropriate outcomes, thereby undermining the functioning of public institutions and markets. However, the current worldwide trend towards regulation, which seeks to forestall, prevent and manage conflicts of interest, has its price. Drawbacks may include the stifling of decision-making processes, the loss of expertise among decision-makers and a vicious circle of distrust. This interdisciplinary and international book addresses specific situations of conflict of interest in different spheres of governance, particularly in global, public and corporate governance.

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