COI meaning in Governmental ?

Answer:

What is Conflict Of Interest mean?

A conflict of interest (COI) is a situation in which a person or organization is involved in multiple interests, financial or otherwise, and serving one interest could involve working against another. Typically, this relates to situations in which the personal interest of an individual or organization might adversely affect a duty owed to make decisions for the benefit of a third party.

An "interest" is a commitment, obligation, duty or goal associated with a particular social role or practice. By definition, a "conflict of interest" occurs if, within a particular decision-making context, an individual is subject to two coexisting interests that are in direct conflict with each other. Such a matter is of importance because under such circumstances the decision-making process can be disrupted or compromised in a manner that affects the integrity or the reliability of the outcomes.

Typically, a conflict of interest arises when an individual finds himself or herself occupying two social roles simultaneously which generate opposing benefits or loyalties. The interests involved can be pecuniary or non-pecuniary. The existence of such conflicts is an objective fact, not a state of mind, and does not in itself indicate any lapse or moral error. However, especially where a decision is being taken in a fiduciary context, it is important that the contending interests be clearly identified and the process for separating them is rigorously established. Typically, this will involve the conflicted individual either giving up one of the conflicting roles or else recusing himself or herself from the particular decision-making process that is in question.

The presence of a conflict of interest is independent of the occurrence of inappropriateness. Therefore, a conflict of interest can be discovered and voluntarily defused before any corruption occurs. A conflict of interest exists if the circumstances are reasonably believed (on the basis of past experience and objective evidence) to create a risk that a decision may be unduly influenced by other, secondary interests, and not on whether a particular individual is actually influenced by a secondary interest.

A widely used definition is: "A conflict of interest is a set of circumstances that creates a risk that professional judgement or actions regarding a primary interest will be unduly influenced by a secondary interest." Primary interest refers to the principal goals of the profession or activity, such as the protection of clients, the health of patients, the integrity of research, and the duties of public officer. Secondary interest includes personal benefit and is not limited to only financial gain but also such motives as the desire for professional advancement, or the wish to do favours for family and friends. These secondary interests are not treated as wrong in and of themselves, but become objectionable when they are believed to have greater weight than the primary interests. Conflict of interest rules in the public sphere mainly focus on financial relationships since they are relatively more objective, fungible, and quantifiable, and usually involve the political, legal, and medical fields.

A conflict of interest is a set of conditions in which professional judgment concerning a primary interest (such as a patient's welfare or the validity of research) tends to be unduly influenced by a secondary interest (such as financial gain). Conflict-of-interest rules [...] regulate the disclosure and avoidance of these conditions.

reference

Full Form	Category
Ordre des Ingénieurs Tunisiens	Academic & Science
لعمادة المهندسين التونسيين	Academic & Science
Tunisian Engineers' Order	Academic & Science
Conseil de l'Ordre des Ingénieurs de Tunisie	Academic & Science
Chemical of Interest	Academic & Science
Centre Of Influence	Academic & Science
Cost and Consequences of Inaction	Accounts and Finance
Cost of Insurance	Accounts and Finance
Customer Owned Inventory	Accounts and Finance
Cocoa (fl)	Airport Code
Certificate Of Inspection	Business
Cogent Communications Group, Incorporated (de-listed)	Business
Cost of Illness	Business
Comet Ridge Ltd	Business
Communications Options Inc	Business
Cytochrome Oxidase I	Chemistry
Community of Innovation	Community
Colors of India	Community
Community Of Inquiry	Community
Church Of Iron	Community
Communities Of Interest	Community
Committee on Information	Community
Colours of Impact	Computing
Co-Installer	Computing
Collective Intelligence	Computing
Cities On the Internet	Computing
City of Industry	Country Specific
Charge Ordered Insulating	Electronics
Captain of Industry	General
Carried Over Instrument	General
Centers of Influence	General
Caraibes Ocean Indien	General
Cumulative Operator Integral	General
Combination Output Interface	General
Commercialization Of Innovation	General
Circle Of Influence	General
Civic Oldskool Indonesia	General
Community Of Immortality	General
Chickens On Ice	General
Conflicts of Interest	General
Center on Organizational Innovation	General
Control of Inversion	General
Commission de l'Océan Indien	General
Comité Olimpico Internacional	General
Country of Origin Information	General
Cost of Ignoring	General
Commission of Inquiry	General
Conditional Operator Insertion	General
Coordinator Of Information	Governmental
Conflict Of Interest	Governmental
Certificate of Insurance	Healthcare
CHEOKI	Indian Railway Station
Costs of Insurance	Insurance
Chat Over IMAP	Internet
Chronic Orthostatic Intolerance	Medical
Coefficient Of Inbreeding	Medical
Cardiac Output Index	Medical
Central Obesity Index	Medical
Central Office of Information	Medical
collagen type I	Medical
Clinical Open Innovation	Medical
Captains of Industry	Messaging
Contact of Interest	Military and Defence
Class of Interface	Military and Defence
Communications Operating Instructions	Military and Defence
Critical Operational Issue	Military and Defence
Community of Interest	Military and Defence
Center of Influence	Military and Defence
Contingency Orbit Insertion	Space Science
Coast Orbital Insertion	Space Science
Composite Optics, Inc.	Space Science
Cost of Inaction	Uncategorized