The term Conflict of interest (COI)" in business ethics is one of the most essential and critical

components. Every now and then, it is seen that conflict of interest occurs both in private, public,

and governmental organizations that do harm business owners, customers and the general public.

Conflicts of interest slow down organizational advancement and put threats to its reputation and

sustainability. Conflicts of interest often have legal ramifications that bear the consequence

(Segal, 2020