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LU Policy Number: HR.012
Effective Date: 8/11/2017
Approval Date: 8/11/2017
Revised Date: N/A
Purpose: handling of all issues concerning conflicts of interest
Additional Authority: N/A
Scope: All Employees(Faculties and Staff) and Students of Life University
Approval Authority: Provost/EVPAA
Responsible Authority: Human Resources
Definitions: N/A
Policy Title
Conflict of Interest Policy
Policy Statement
Life University expects that all members of its university community devote their primary professional loyalty, time, and energy to the service of the University in fulfilling its education, research, care provider, and public service missions.
Members are expected to evaluate and arrange their internal and external interests and commitments to avoid compromising their ability to carry out their primary obligations to the University, and most conflicts should be generally avoided or resolved through the exercise of individual judgment or discretion. Accordingly, members are expected to conduct themselves in a manner that is representative of this institution’s core values, and should always aspire to act in the best interest of Life University.
All members are expected to:
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Abide by the conflict of interest and commitment policies and standards;
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Fully disclose any professional and relevant personal activities when a potential conflict arises;
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Remedy conflict situations or comply with any management or monitoring plan prescribed;
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Remain aware of the potential for conflicts;
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Take the initiative to manage, disclose, or resolve conflict situations as appropriate.
Procedure(s)
N/A
Other Notes
N/A
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