Professionals – such as doctors, lawyers, and financial advisors – face conflicts of interest (COIs) when they have a personal, and often financial, interest in giving biased advice. Requiring COI disclosure has become a popular way to try and protect consumers from biased advice, but previous research has shown that mandatory disclosures have little impact on advice recipients, and may even lead advisors to give more biased advice. However, virtually all of the prior studies questioned the effectiveness of COI disclosures that advisors were unable to avoid.
McDonough School of Business Assistant Professor Chris Long recently received the Best Applied Paper award at the International Association of Management and Business Conference. The paper is titled, “Investigating the Information Processing Capacities of Organizational Controls: A Computational Modeling Perspective.” His research on “Establishing Channels to Cooperation: How Managers Combine their Efforts to Apply Control and Demonstrate Their Trustworthiness” also was a finalist in the Best Overall Paper category.
Sunita Sah, an assistant professor of business ethics at Georgetown’s McDonough School of Business, recently had a paper published in the Journal of Law, Medicine and Ethics. Sah is the author of “Physicians under the Influence: Social Psychology and Industry Marketing Strategies,” part of a symposium on institutional corruption and pharmaceutical policy. The journal also includes 16 articles on the sources of institutional corruption, how it occurs, and what is corrupted. The symposium was published in conjunction with the Edmund J.