Excerpt from "The Dirt on Coming Clean:
“Conflicts of interest occur when individuals’ professional
responsibilities diverge from their personal interests (or when
different professional responsibilities clash).
Attorneys often face conflicts of interest when they advise
clients on whether to pursue legal action.
conflicts of interest when they advise patients on whether to
get procedures that they will profit from performing.
analysts face conflicts of interest when they are in a position
to benefit financially from promoting a stock on which they are
supposed to provide an impartial evaluation.”
Is biased advice from professionals often intentional?
“While most people think conflicts of interest are a problem
of overt corruption, that is, that professionals consciously and
intentionally misrepresent the advice they give so as to secure
personal gain, considerable research suggests that bias is more
frequently the result of motivational processes that are
unintentional and unconscious."
Source: The Dirt on Coming Clean:
The Perverse Effects
of Disclosing Conflict of Interest
When there is no standard of care or proven best practice
... we may expect even expert
recommendations to more commonly favor what is more profitable (self
Conflict of Interest in Medical Research, Education, and Practice -
2016 - recommended reading
Conflict of Interest: Time for Reevaluation - Clinical Oncology
I believe that the term
“conflict of interest” itself should be reconsidered. New
language, such as a statement of transparency, can readily
replace it. A voluntary statement of transparency would cite all
influencing circumstances and provide a complete description of
existing relationships. For example, on a research paper the
listing of sources of grant support should present government
funding (e.g., NIH) along with citations of an industry grant or
consultantship. Such an encompassing statement would present all
of the facts in an open declaration to the reader.
Where, then, should there be control that deters financial or
other malfeasance? I suggest it should be where it has always
been: in the scientific method. The essence of science, and the
proof of the issue, is in its reproducibility. Henry Buchwald,
Conflict of Interest commentary -
The Dirt on Coming Clean: The
Perverse Effects of Disclosing Conflict of Interest
Evaluating Medical Claims and Data -
Doc financial disclosure
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