Answer: False
Explanation: In simple words, conflict of interest refers to a situation in which any individual or an entity holds the position of authority in which any decision made by him or her can lead to personal benefit at the cost of others loss.
The given statement is false as conflict of interest would only appear when the employees have financial investments in the companies in which they are working as it can lea d to access of materiel non public information or authority to make decisions for personal benefit.
