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Topic: Business
Number of pages / Number of words: 8 / 2025
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In fact, a conflict of interest can exist even if a person has not done anything wrong. Merely the possibility of impropriety can erode the confidence that others have in the person of responsibility (Davis & Stark, 2001).

In this situation, Mr. Wolfowitz entered into a conflict of interest when he became the Chief Executive Officer of the bank of which his romantic interest was employed...


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Wolfowitz entered into a conflict of interest when he became the Chief Executive Officer of the bank of which his romantic interest was employed. As has been described, an attempt to resolve this conflict of interest was made by Wolfowitz by taking the issue to the Bank’s Ethics Committee. Many businesses, like the World Bank, have a desire to avoid conflicts of interest and specifically design guidelines, often referred to as a “code of ethics”, to guard against unethical situations...


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