How to Avoid Conflicts of Interest in Your Business In general, it's always best to avoid the appearance of a conflict of interest. Private Businesses. They are as diverse as the work settings in which they occur and involve people interaction, employee actions, and personal benefits taking precedence over what is in the best interests of the employer.
They are bad news for the employee's reputation, integrity, and trustworthiness in the eyes of management. McChesney noted that the commercial media have lobbied successfully for changes in copyright law that have led "to higher prices and a shrinking of the marketplace of ideas", increasing the power and profits of the large media corporations at public expense.
This would not constitute a conflict of interest if she hired an external employment law firm to conduct the investigation and recommend disciplinary measures.
Stiglitz  argued that the Lates recession was created in part because, "Bankers acted greedily because they had incentives and opportunities to do so". To avoid conflicts of interest, it's most important to avoid the appearance of a conflict.
For example, the person might have a loyalty to an employer and also loyalty to a family business. He notes that if any money perverts democracy, it is the large contributions beyond the budgets of citizens of ordinary means; small contributions from common citizens have long been considered supporting of democracy.
This gives them an inherent conflict of interest in any public policy issue affecting copyrights.