Conflicts of Interest Policy

Responsible Unit: CEIS | Executive lead: President 
Created: 9/28/2011 | Reviewed/Revised: 5/30/2018, 8/19/2021, 1/5/2023 | Effective: 1/20/2023 
Compliance: NWCCU 2.D.3, 2.F.1
Approving Body: BOT | Classification: Institution-wide 


Policy:  
The Board of Trustees, employees, and volunteers shall disclose any conflict of interest.  Any party who does not comply with this policy may face corrective action. 

Definitions:  
Conflict of interest 

An actual conflict of interest arises in a situation where financial or other personal or professional considerations compromise an individual’s objectivity, professional judgment, professional integrity, and/or ability to perform his or her professional responsibilities to the University. In addition to situations that clearly give rise to an actual conflict of interest, individuals are cautioned also to consider gray areas that might create the perception of or the potential for a conflict of interest. Perceived or potential conflicts of interest can be said to exist in situations where an individual member of the University community, a member of the individual’s family, or a close personal relation has financial interests, personal relationships, or professional associations with an individual, individuals, or outside organization, such that their activities within the University could appear to be influenced by that interest or relationship. 

Procedure: 
N/A 

Related Documents: 
Employee Conflict of Interest Disclosure Form 
Pharmaceutical and Biomedical Device Industry Relations Policy 
CME Conflict of Interest Policy 
Office of Scholarly Activity Standard Operating Procedures