Despite this high rate of financial interests, only about 0.5% of over 61,000 comparable papers included disclosure statements.
Risks of conflicts of interest are not merely hypothetical.
Financial conflicts are associated with altered outcomes of research. (1998) reviewed the literature in 19 for reports on the safety of calcium channel antagonists.
Individual institutions and organizations may choose to adhere to the stricter PHS standard of $5,000.
Professional societies and journals are another important source for guidance on the management of conflicts of interest.
Considering the potential for misperceptions of a researcher's motives, it is best to assume that good intentions are not enough.
Seek out information so as to comply with the spirit and letter of current regulations.
Disclosure not only alerts readers to the increased possibility of unintentional bias, but it could strengthen the resolve of an individual researcher to choose research designs that minimize the risk of their bias.
When large sums of money are involved, it may be difficult for the public, legislators, the judicial system, and even colleagues to be convinced that results were not biased for personal gain.
A variety of regulations and guidelines govern the disclosure and management of conflict of interest.
Although many concerns could be generalized to any form of conflict of interest, the focus of regulations tends to be financial.
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