Conflict of interest and the banker-trustee.
While hospitals benefit from banker board members' advice, they need to avoid the potential conflict-of-interest situations arising from financial decision making that may involve such members' institutions. Two effective ways of doing this are developing directives to be carried out by the hospital's financial manager and stimulating competition among financial institutions for the hospital's business.
D003132:Commerce; D004995:Ethics, Professional; D005376:Financial Management; D006075:Governing Board / Q000592:standards*; D006739:Hospital Administration / Q000191:economics* / Q000592:standards; D007449:Investments; D009935:Organizational Affiliation