What Every Organization Needs in a Conflict of Interest Statement for Board Members
A clear, well-communicated conflict of interest statement for board members is essential to maintaining board integrity and protecting the organization. When directors hold outside interests—whether financial, advisory, or otherwise—disclosure isn’t optional. It’s a baseline expectation that allows boards to make informed decisions and avoid reputational or regulatory fallout. A conflict of interest statement for board members can take many forms. It could occur, for example, when hiring ...