Conflicts of Interest: Under-disclosed, Under-monitored, and Under-mitigated, PricewaterhouseCoopers

PricewaterhouseCoopers quoted partner Michael Blanchard in an article examining how under-managed conflicts of interest can create significant fraud, compliance, and reputational risks for organizations across industries. The article explores why companies often underestimate conflicts of interest, treating disclosures as one-time compliance exercises rather than ongoing enterprise risks.

“Short sellers only need to raise the appearance of conflicts to bolster a public short attack ‘hit piece’ designed to drive the stock price down,” Mike said. “A well-functioning system of controls that detects and mitigates conflicts is critical for a company to be positioned to issue a prompt rebuke that reassures markets and regulators alike.”

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