Intra- and Intersectoral Conflicts of Financial Interests. In Search of an Introduction into Theory

Abstract

The contradictions and conflicts were, are and will be widespread. There are in all human communities, even in the world of politics, economy and finance. A potential source of conflicts are contradictions. When a conflict of interest is disclosed, a conflict situation arises. In addition to the conflict that brings positive effects there are also destructive conflicts that contribute to the disorganization states, regional communities, institutions and firms. The contradictions of financial interests and destructive conflicts in the sphere of finance are at the heart of research undertaken in this article. The key research problem is therefore the answer to the question of how to minimize the negative consequences of destructive conflicts in the sphere of finance. The main objective is to develop a theoretical and methodological framework for the theory of conflicts in the financial sphere, and to formulate an original concept of good integrated governance, based mainly on assumptions of ordoliberalism.