Policy HR91 CONFLICT OF INTEREST

POLICY'S INITIAL DATE: June 23, 1983
THIS VERSION EFFECTIVE: March 12, 1993

Contents:

  • Purpose
  • Policy
  • Responsibility
  • Cross Reference

  • PURPOSE:

    To avoid the possibility of any misunderstandings concerning the appropriate conduct of faculty and staff members in regard to all transactions touching upon their University duties and the property of the University.

    POLICY:

    Faculty and staff members of the University shall exercise the utmost good faith in all transactions touching upon their duties to the University and its property. In their dealings with and on behalf of the University, they shall be held to a strict rule of honest and fair dealings between themselves and the University. They shall not use their positions, or knowledge gained therefrom, in such a way that a conflict of interest might arise between the interest of the University and that of the individual. Faculty and staff members shall disclose to the administrative head of the college or other unit in which they are employed, or other appropriate administrative officer, any potential conflict of interest of which they are aware before a contract or transaction is consummated.

    University tangible assets, equipment, supplies and services may not be used by employees for personal gain, or for purposes outside the scope of their employment.

    RESPONSIBILITY:

    The first responsibility for adherence to this policy lies with the faculty or staff member(s) directly involved. If there is reason to believe that this policy is not being adhered to, the matter should be reported to the faculty or staff member's administrative head for investigation and resolution. If the matter cannot be resolved at that level, it should be referred to the next higher administrative level for resolution.

    CROSS REFERENCES:

    Other Policies in this Manual should also be referenced, especially:

    RA12 - Technology Transfer and Entrepreneurial Activity (Faculty Research),

    AD47 - General Standards of Professional Ethics,

    RA10 - Handling Inquiries/Investigations into Questions of Ethics in Research and in Other Scholarly Activities,

    FN14 - Use of University Tangible Assets, Equipment, Supplies and Services.


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