Self-dealing spans conflicts of interest, exploitation of organizational resources, and insider trading.
Evidence
Examples of self-dealing include directing corporate business to firms in which the agent has a financial interest, exploiting organizational resources to create new opportunities from which the agent can benefit (a municipal official rezoning a spouse’s property for commercial use, a banker extending unsecured bank loans to his friends, a conservator using the assets of an incompetent widow to invest in personal real estate deals), or using corporate information for personal advantage-so-called insider trading. — Shapiro, Susan P., The Social Control of Impersonal Trust, 68
Categorization
- DEFINE: Defines the bribery variant of agent opportunism through concrete examples spanning public and private sectors.
- XREF: connects to: Organizations structurally sever intimate and financial ties that compromise fiduciary disinterestedness. — Shapiro, Susan P., The Social Control of Impersonal Trust, 78; Job rotation and deliberate redundancy deter collusion by raising conspiracy reorganization costs. — Shapiro, Susan P., The Social Control of Impersonal Trust, 77; Private self-regulators can beat external regulators on knowledge and trust. — Shapiro, Susan P., The Social Control of Impersonal Trust, 118
Related
- Organizations structurally sever intimate and financial ties that compromise fiduciary disinterestedness. (similarity 0.78)
Broader Connections
- Organizations structurally sever intimate and financial ties that compromise fiduciary disinterestedness.
#qualifies(0.78) — Shapiro, Susan P., The Social Control of Impersonal Trust, 78 - Private self-regulators can beat external regulators on knowledge and trust.
#complicates(0.74) — Shapiro, Susan P., The Social Control of Impersonal Trust, 118 - Job rotation and deliberate redundancy deter collusion by raising conspiracy reorganization costs.
#complicates(0.72) — Shapiro, Susan P., The Social Control of Impersonal Trust, 77