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Recent accusations against Justice Clarence Thomas is a good reason to discuss conflicts of interest.
Conflict of interest policies are prevalent for board members, and in many industries, such as government roles, banks, and nonprofits. It’s important that there be clear policies, and transparency related to those policies, so that we are confident that self interest doesn’t undermine the public’s trust.
Ephesians 5:3 says, “But among you there must not be even a hint of sexual immorality, or of any kind of impurity, or of greed, because these are improper for God’s holy people.”
Determining when there are true conflicts of interest can be very confusing and leaves many gray areas to be sorted out. The key usually is not so much preventing transactions as it is fully disclosing transactions.
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