Conflicts of Interests
Our primary professional allegiance is to William & Mary and its mission and stated values. Activities outside of the workplace, private financial interests or the receipt of benefits from third parties can create an actual or perceived conflict between our personal interests and our professional commitment to the university.
Knowledge and understanding of state regulations, university policy, and federal research grant pertaining to conflicts of interest is everyone's responsibility. Situations that create, or appear to create, a conflict of interest or a conflict of commitment should be avoided. When avoidance is not possible, there may be systems available to manage the conflict with transparency.
University Policy
William & Mary's Conflicts of Interest Policy sets forth the kinds of conflict situations that may arise and specifies steps to avoid, remedy or manage the conflict. Common conflicts arise in procurement transactions and gifts from supplier, conflicts with family members in hiring or procurement of goods and services, use of university resources and confidential information, consensual amorous relationships and favoritism, conflict of commitment and outside employment or consulting work.
Having a conflict is not inherently wrong, but failing to disclose it appropriately is.
Questions about how to disclose?
Please contact the Office of Compliance & Equity at [[compequity]].