INDIVIDUAL CONFLICTS OF INTEREST WHITE COLLAR CRIME TRADE SECRET WHISTLEBLOWING Business Ethics Individual

1. BBA 4011 BUSINESS ETHICS
NAME ROLL NO.
SIMSON BBA/4514/16

2. TOPICS
INDIVIDUAL CONFLICTS OF
INTEREST
 WHITE COLLAR CRIME
 TRADE SECRET
 WHISTLE BLOWING

3. INDIVIDUAL CONFLICTS OF INTEREST
• A conflict of interest arises whenever there is any potential bias that
could affect a researcher’s work.
• Conflict of interest due to financial gain is the most common one that
authors face and Conflict of interest due to financial gain is the most
common one that authors face and must disclose. It includes sources
of funding, ownership of stocks in companies that may gain financially
from the research, and acceptance of consulting fees or salary from a
company that may benefit from the research, among others. For
example, a review on the publication of research findings revealed
that research sponsorship contributes to publication bias because the
sponsors often own the data, making the data susceptible to
manipulation and suppression

4. WHITE COLLAR
CRIME
White-collar crime refers to financially motivated non-
violent crime committed by business and government
professionals.

5. TYPES OF WHITE COLLAR CRIME
Bank Fraud: To engage in an act or pattern
of activity where the purpose is
to defraud a bank of funds.
Blackmail: A demand for money or other
consideration under threat to do bodily harm,
to injure property, to accuse of a crime,
or to expose secrets.

6. • Computer fraud: Where computer hackers steal
information sources contained
on computers such as:
bank information, credit cards,
and proprietary information
• Credit Card Fraud: The unauthorized
use of a credit card to obtain goods of value

7. • Welfare Fraud: To engage in an act
or acts where the purpose is
to obtain benefits
(i.e. Public Assistance, Food Stamps, or Medicaid)
from the State or Federal Government.
• Insurance Fraud: To engage in an act or
pattern of activity wherein one
obtains proceeds from an insurance company through deception

8. • Insider Trading: When a person uses inside,
confidential, or
advance information to trade in
shares of publicly held corporations.

9. TRADE SECRET
A trade secret is a formula, practice, process,
design, legal instrument, pattern or compilation
of information which is not generally known or
reasonable ascertainable, by which a business can
obtain an economic advantage over competitors
or customers . secrets are referred to as
"classified information"

10. WHISTLE BLOWING
A whistleblower is an employee, former employee, or member of an organization,
especially a business or government agency, who reports misconduct to people or
entities that have the power and presumed willingness to take corrective action.

11. TYPES OF WHISTLE BLOWING
•Internal Whistle blowing is made to someone
within the organization.
•Personal Whistle blowing is blowing the whistle
on the offender, here the charge is not against the
organization or system but against one individual.
•The impersonal, is the external whistle blower.

12. THANK
YOU