Boards, directors & committees · Working
Duty to avoid conflicts
Also called: conflicts duty
ELI5
A duty to identify, disclose and appropriately manage conflicts of interest.
Used in conversation
“Which committee has oversight of duty to avoid conflicts?”
Pitch context
You will see “Duty to avoid conflicts” in board papers, contracts, policies, risk registers and compliance reports when the discussion reaches boards, directors & committees.
Why it matters: In boards, directors & committees, a loose definition can change rights, obligations, approval, disclosure or enforceability.
Caution
Meaning, enforceability and required process vary by jurisdiction and agreement; this definition is not legal advice.
Sources & evidence · 3
Direct term-level sources and supporting source families.
- OECD — G20/OECD Principles of Corporate Governance 2023Direct source · institutional · checked 2026-08-16
- U.S. Securities and Exchange Commission — EDGAR and filing resourcesSupporting source family · primary · checked 2026-08-16
- National Institute of Standards and Technology — Computer Security Resource Center GlossarySupporting source family · primary · checked 2026-08-16