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Would it be a conflict of interest if I worked at company B while I was owner of company A in the same industry? [closed]
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I was a part owner at company A. (My husband is still a director there.) At the same time, I worked at company B in the same industry and area, and also in a sales position.
Would this be a conflict of interest?
conflict-of-interest
edited Aug 8 at 3:14
Masked Man♦
43.7k25114163
asked Aug 7 at 2:23
Ann
121
closed as off-topic by gnat, OldPadawan, Philip Kendall, IDrinkandIKnowThings, David K Aug 7 at 17:31
This question appears to be off-topic. The users who voted to close gave this specific reason:
- "Questions seeking advice on company-specific regulations, agreements, or policies should be directed to your manager or HR department. Questions that address only a specific company or position are of limited use to future visitors. Questions seeking legal advice should be directed to legal professionals. For more information, click here." – OldPadawan, IDrinkandIKnowThings, David K
 |Â
show 6 more comments
up vote
-1
down vote
favorite
I was a part owner at company A. (My husband is still a director there.) At the same time, I worked at company B in the same industry and area, and also in a sales position.
Would this be a conflict of interest?
conflict-of-interest
edited Aug 8 at 3:14
Masked Man♦
43.7k25114163
asked Aug 7 at 2:23
Ann
121
closed as off-topic by gnat, OldPadawan, Philip Kendall, IDrinkandIKnowThings, David K Aug 7 at 17:31
This question appears to be off-topic. The users who voted to close gave this specific reason:
- "Questions seeking advice on company-specific regulations, agreements, or policies should be directed to your manager or HR department. Questions that address only a specific company or position are of limited use to future visitors. Questions seeking legal advice should be directed to legal professionals. For more information, click here." – OldPadawan, IDrinkandIKnowThings, David K
1
What does your contract at Company B say about this?
– solarflare
Aug 7 at 2:30
1
Business partner wife working at company b. Did not disclose to other business partner she was working there but was getting referrals from her. Found out through 3rd party. Shareholders agreement states cannot work for a competitor when terminated but she is still a shareholder at company a. Company b have stated they don’t see a conflict. Hope that makes sense
– Ann
Aug 7 at 2:43
1
Wife also worked in company a first
– Ann
Aug 7 at 2:46
1
There was a question a few months ago were the son was going to leave his parents business to get more experience working for the competition. I imagine this situation has similarities, does someone know the link? - Thanks.
– Rob
Aug 7 at 3:46
2
Please provide a clear summary of all the information you've put in comments into your question, using proper sentences and capitalisation. At the moment, you're not going to get an answer to this because nobody can actually work out what the situation is.
– Philip Kendall
Aug 7 at 8:40
 |Â
show 6 more comments
up vote
-1
down vote
favorite
up vote
-1
down vote
favorite
I was a part owner at company A. (My husband is still a director there.) At the same time, I worked at company B in the same industry and area, and also in a sales position.
Would this be a conflict of interest?
conflict-of-interest
edited Aug 8 at 3:14
Masked Man♦
43.7k25114163
asked Aug 7 at 2:23
Ann
121
I was a part owner at company A. (My husband is still a director there.) At the same time, I worked at company B in the same industry and area, and also in a sales position.
Would this be a conflict of interest?
conflict-of-interest
edited Aug 8 at 3:14
Masked Man♦
43.7k25114163
asked Aug 7 at 2:23
Ann
121
edited Aug 8 at 3:14
Masked Man♦
43.7k25114163
edited Aug 8 at 3:14
Masked Man♦
43.7k25114163
edited Aug 8 at 3:14
Masked Man♦
43.7k25114163
43.7k25114163
asked Aug 7 at 2:23
Ann
121
asked Aug 7 at 2:23
Ann
121
asked Aug 7 at 2:23
Ann
121
121
closed as off-topic by gnat, OldPadawan, Philip Kendall, IDrinkandIKnowThings, David K Aug 7 at 17:31
This question appears to be off-topic. The users who voted to close gave this specific reason:
- "Questions seeking advice on company-specific regulations, agreements, or policies should be directed to your manager or HR department. Questions that address only a specific company or position are of limited use to future visitors. Questions seeking legal advice should be directed to legal professionals. For more information, click here." – OldPadawan, IDrinkandIKnowThings, David K
closed as off-topic by gnat, OldPadawan, Philip Kendall, IDrinkandIKnowThings, David K Aug 7 at 17:31
This question appears to be off-topic. The users who voted to close gave this specific reason:
- "Questions seeking advice on company-specific regulations, agreements, or policies should be directed to your manager or HR department. Questions that address only a specific company or position are of limited use to future visitors. Questions seeking legal advice should be directed to legal professionals. For more information, click here." – OldPadawan, IDrinkandIKnowThings, David K
1
What does your contract at Company B say about this?
– solarflare
Aug 7 at 2:30
1
Business partner wife working at company b. Did not disclose to other business partner she was working there but was getting referrals from her. Found out through 3rd party. Shareholders agreement states cannot work for a competitor when terminated but she is still a shareholder at company a. Company b have stated they don’t see a conflict. Hope that makes sense
– Ann
Aug 7 at 2:43
1
Wife also worked in company a first
– Ann
Aug 7 at 2:46
1
There was a question a few months ago were the son was going to leave his parents business to get more experience working for the competition. I imagine this situation has similarities, does someone know the link? - Thanks.
– Rob
Aug 7 at 3:46
2
Please provide a clear summary of all the information you've put in comments into your question, using proper sentences and capitalisation. At the moment, you're not going to get an answer to this because nobody can actually work out what the situation is.
– Philip Kendall
Aug 7 at 8:40
 |Â
show 6 more comments
1
What does your contract at Company B say about this?
– solarflare
Aug 7 at 2:30
1
Business partner wife working at company b. Did not disclose to other business partner she was working there but was getting referrals from her. Found out through 3rd party. Shareholders agreement states cannot work for a competitor when terminated but she is still a shareholder at company a. Company b have stated they don’t see a conflict. Hope that makes sense
– Ann
Aug 7 at 2:43
1
Wife also worked in company a first
– Ann
Aug 7 at 2:46
1
There was a question a few months ago were the son was going to leave his parents business to get more experience working for the competition. I imagine this situation has similarities, does someone know the link? - Thanks.
– Rob
Aug 7 at 3:46
2
Please provide a clear summary of all the information you've put in comments into your question, using proper sentences and capitalisation. At the moment, you're not going to get an answer to this because nobody can actually work out what the situation is.
– Philip Kendall
Aug 7 at 8:40
1
1
What does your contract at Company B say about this?
– solarflare
Aug 7 at 2:30
What does your contract at Company B say about this?
– solarflare
Aug 7 at 2:30
1
1
Business partner wife working at company b. Did not disclose to other business partner she was working there but was getting referrals from her. Found out through 3rd party. Shareholders agreement states cannot work for a competitor when terminated but she is still a shareholder at company a. Company b have stated they don’t see a conflict. Hope that makes sense
– Ann
Aug 7 at 2:43
Business partner wife working at company b. Did not disclose to other business partner she was working there but was getting referrals from her. Found out through 3rd party. Shareholders agreement states cannot work for a competitor when terminated but she is still a shareholder at company a. Company b have stated they don’t see a conflict. Hope that makes sense
– Ann
Aug 7 at 2:43
1
1
Wife also worked in company a first
– Ann
Aug 7 at 2:46
Wife also worked in company a first
– Ann
Aug 7 at 2:46
1
1
There was a question a few months ago were the son was going to leave his parents business to get more experience working for the competition. I imagine this situation has similarities, does someone know the link? - Thanks.
– Rob
Aug 7 at 3:46
There was a question a few months ago were the son was going to leave his parents business to get more experience working for the competition. I imagine this situation has similarities, does someone know the link? - Thanks.
– Rob
Aug 7 at 3:46
2
2
Please provide a clear summary of all the information you've put in comments into your question, using proper sentences and capitalisation. At the moment, you're not going to get an answer to this because nobody can actually work out what the situation is.
– Philip Kendall
Aug 7 at 8:40
Please provide a clear summary of all the information you've put in comments into your question, using proper sentences and capitalisation. At the moment, you're not going to get an answer to this because nobody can actually work out what the situation is.
– Philip Kendall
Aug 7 at 8:40
 |Â
show 6 more comments
1 Answer
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up vote
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What if I was a part owner at company A (husband is director still)but
worked at company b in the same industry and area and also in a sales
position Wouldn’t this be a conflict of interest.
Yes, it might very well be a conflict of interest.
Company B may very well fire you if they find out, particularly if they have conflict of interest rules written into their contracts or HR documents.
At the same time you may be competing with yourself. You are likely either disadvantaging Company A to the benefit of Company B, or disadvantaging Company B to the benefit of Company A.
Very few companies would permit this conflict if it becomes known. Likely neither Company A nor Company B would approve.
answered Aug 7 at 11:07
Joe Strazzere
224k107662930
add a comment |Â
1 Answer
1
active
oldest
votes
1 Answer
1
active
oldest
votes
active
oldest
votes
active
oldest
votes
up vote
2
down vote
What if I was a part owner at company A (husband is director still)but
worked at company b in the same industry and area and also in a sales
position Wouldn’t this be a conflict of interest.
Yes, it might very well be a conflict of interest.
Company B may very well fire you if they find out, particularly if they have conflict of interest rules written into their contracts or HR documents.
At the same time you may be competing with yourself. You are likely either disadvantaging Company A to the benefit of Company B, or disadvantaging Company B to the benefit of Company A.
Very few companies would permit this conflict if it becomes known. Likely neither Company A nor Company B would approve.
answered Aug 7 at 11:07
Joe Strazzere
224k107662930
add a comment |Â
up vote
2
down vote
What if I was a part owner at company A (husband is director still)but
worked at company b in the same industry and area and also in a sales
position Wouldn’t this be a conflict of interest.
Yes, it might very well be a conflict of interest.
Company B may very well fire you if they find out, particularly if they have conflict of interest rules written into their contracts or HR documents.
At the same time you may be competing with yourself. You are likely either disadvantaging Company A to the benefit of Company B, or disadvantaging Company B to the benefit of Company A.
Very few companies would permit this conflict if it becomes known. Likely neither Company A nor Company B would approve.
answered Aug 7 at 11:07
Joe Strazzere
224k107662930
add a comment |Â
up vote
2
down vote
up vote
2
down vote
What if I was a part owner at company A (husband is director still)but
worked at company b in the same industry and area and also in a sales
position Wouldn’t this be a conflict of interest.
Yes, it might very well be a conflict of interest.
Company B may very well fire you if they find out, particularly if they have conflict of interest rules written into their contracts or HR documents.
At the same time you may be competing with yourself. You are likely either disadvantaging Company A to the benefit of Company B, or disadvantaging Company B to the benefit of Company A.
Very few companies would permit this conflict if it becomes known. Likely neither Company A nor Company B would approve.
answered Aug 7 at 11:07
Joe Strazzere
224k107662930
What if I was a part owner at company A (husband is director still)but
worked at company b in the same industry and area and also in a sales
position Wouldn’t this be a conflict of interest.
Yes, it might very well be a conflict of interest.
Company B may very well fire you if they find out, particularly if they have conflict of interest rules written into their contracts or HR documents.
At the same time you may be competing with yourself. You are likely either disadvantaging Company A to the benefit of Company B, or disadvantaging Company B to the benefit of Company A.
Very few companies would permit this conflict if it becomes known. Likely neither Company A nor Company B would approve.
answered Aug 7 at 11:07
Joe Strazzere
224k107662930
answered Aug 7 at 11:07
Joe Strazzere
224k107662930
answered Aug 7 at 11:07
Joe Strazzere
224k107662930
answered Aug 7 at 11:07
Joe Strazzere
224k107662930
224k107662930
add a comment |Â
add a comment |Â
1
What does your contract at Company B say about this?
– solarflare
Aug 7 at 2:30
1
Business partner wife working at company b. Did not disclose to other business partner she was working there but was getting referrals from her. Found out through 3rd party. Shareholders agreement states cannot work for a competitor when terminated but she is still a shareholder at company a. Company b have stated they don’t see a conflict. Hope that makes sense
– Ann
Aug 7 at 2:43
1
Wife also worked in company a first
– Ann
Aug 7 at 2:46
1
There was a question a few months ago were the son was going to leave his parents business to get more experience working for the competition. I imagine this situation has similarities, does someone know the link? - Thanks.
– Rob
Aug 7 at 3:46
2
Please provide a clear summary of all the information you've put in comments into your question, using proper sentences and capitalisation. At the moment, you're not going to get an answer to this because nobody can actually work out what the situation is.
– Philip Kendall
Aug 7 at 8:40