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Conflict of interest in legislation; the interests of the poor and the interests of the rich. A personification of corrupt legislation weighs a bag of money and denies an appeal of poverty. Regulating conflict of interest in government is one of the aims of political ethics. Public officials are expected to put service to the public and their ...
Conflict may break out between principals, [28] and this all leads to increased autonomy for upper management. [22] Ways of mitigating or preventing these conflicts of interests include the processes, customs, policies, laws, and institutions which affect the way a company is controlled—and this is the challenge of corporate governance.
An example of the negative effects a long-term tenure has on auditor independence is the consideration to issue a going-concern opinion. For example, if an auditor has been auditing a firm for over 10 years, they may brush off a large problem in the company and issue a clean opinion because they believe that they are familiar with the company.
The former Orange County attorney has been accused of improperly arranging an IT contract deal for his brother-in-law. This Orange County contract is at the heart of a conflict-of-interest claim ...
Kansas Sen. Caryn Tyson, R-Parker, is calling for a tougher conflict of interest law in response to a state employee winning a consulting contract. Kansas commerce deputy's lucrative contract may ...
Due to perceived conflict of interest and poor regulatory oversight following the Deepwater Horizon oil spill and Inspector General investigations, Secretary of the Interior Ken Salazar issued a secretarial order on May 19, 2010, splitting MMS into three new federal agencies: the Bureau of Ocean Energy Management, the Bureau of Safety and ...
The law of contracts varies from state to state; there is nationwide federal contract law in certain areas, such as contracts entered into pursuant to Federal Reclamation Law. The law governing transactions involving the sale of goods has become highly standardized nationwide through widespread adoption of the Uniform Commercial Code .
The Presidential Conflicts of Interest Act of 2017 is a bill introduced by Democratic Senator Elizabeth Warren to the United States Senate on January 9, 2017, during the 1st session of the 115th United States Congress. [1] The bill's long title is A Bill to Address Financial Conflicts of Interest of the President and Vice President. [1]