https://www.taxtmi.com/news?id=11273 Management of conflict of interest is a central pillar of professional excellence: conflicts stem from professionals' dual agent-principal roles and information asymmetries in experience or credence services, making exploitation likely and trust fragile. Legal rules alone cannot eliminate such conflicts; mitigation must be value-driven, starting with individual ethics and reinforced by institutional codes, training and governance that balance prevention of abuse with preservation of the profession's creative functions. en-us Wed, 19 Jun 2013 12:34:28 +0530 Wed, 19 Jun 2013 12:34:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=11273 Management of conflict of interest is a central pillar of professional excellence: conflicts stem from professionals' dual agent-principal roles and information asymmetries in experience or credence services, making exploitation likely and trust fragile. Legal rules alone cannot eliminate such conflicts; mitigation must be value-driven, starting with individual ethics and reinforced by institutional codes, training and governance that balance prevention of abuse with preservation of the profession's creative functions. News - Wed, 19 Jun 2013 12:34:28 +0530 https://www.taxtmi.com/news?id=11273