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Conflict of interest (COI) according to the World Association of Medical Editors (WAME) “…exists when there is a divergence between an individual’s private interests (competing interests) and his or her responsibilities to scientific and publishing activities such that a reasonable observer might wonder if the individual’s behavior or judgment was motivated by considerations of his or her competing interests”. Most individuals think of COI in financial terms, but in fact, it has as much to do with an individual’s loyalty to a research concept, society, or clinical belief system as it does with any financial considerations.
It is important that the Journal of Socioeconomics and Development (JSeD) is required to adopt a formal process for reporting and managing COI among the editors, editorial board, reviewers, and authors. The intent is to guarantee the most transparent practice in scientific publication and provide the best and most balanced reviews for authors submitting manuscripts. COI does not necessarily disqualify a manuscript from review and ultimate publication as long as the COI is reported in a way that readers and policymakers can properly weigh its findings in light of other literature and if it can be managed with disclosure. The editors suggest adopting such policies to provide transparency, not to implement any form of censorship.
The following areas are consistent with the policy statement on COI:
These areas of COI will become part of the instructions to authors, and editors will recommend that manuscript reviewers refer to these recommendations if there are any questions regarding their participation in the review process.
Managing COIs with a process that is nonputative, fair, and leads to transparency is the goal of any process for declaring COI. If a COI is declared appropriately, it is often all that is necessary for managing the situation. However, there are rare instances in which a COI is not manageable. In these rare cases, the editors may disqualify the report from publication. If there are concerns that a COI was not properly declared, the editors will perform an investigation of the concern. If it is felt a COI was not properly declared, the editors will write the authors requesting a statement providing the reason, and that statement will be published as an erratum to the article.
The policy of the Journal of Socioeconomics and Development (JSeD) in managing COI was formulated through a statement letter agreed upon by the authors (download author agreement form)
Based on Springer https://link.springer.com/article/10.1007/s00192-017-3366-8
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