GRC for Conflict of Interest Management

GRC for Conflict of Interest Management
Illustration filed in Conflict of Interest

Employee conflicts of interest (COIs) are observed often, but reported rarely. COIs are the third most commonly observed type of misconduct, according to the 2013 National Business Ethics Survey (NBES), but only 49 percent of workers who observe COI...

Employee conflicts of interest (COIs) are observed often, but reported rarely. COIs are the third most commonly observed type of misconduct, according to the 2013 National Business Ethics Survey (NBES), but only 49 percent of workers who observe COI misconduct are reporting what they see.

GRC capabilities can be employed to improve reporting, track COI risks and prevent losses from COI risks ranging from antitrust and corruption to data breaches and insider trading. With the right GRC processes and technologies, companies can better manage conflicts of interest.

Developed by OCEG with contributions from Convercent

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