The interaction of Harvard University scholars with outside institutions is examined, as is the need for the university to monitor and regulate these outside activities. Harvard scholars were found to maintain 38 directorships with Fortune 500 companies, 60 ties to the biotechnology industry, over 500 contacts between faculty at the Business School and corporate America, and over 50 slots on federal advisory committees. Because of the secrecy surrounding scholars' outside activities, this information is considered to be only the surface of academic moonlighting. Examples are provided of the ways in which extensive outside relationships lead to conflicts of commitment and direct and indirect conflicts of interest. In addition, examples are provided of corporate attempts to coopt academics by employing them as consultants or directors. It is recommended that, to address these problems, Harvard compile and publicly disclose a comprehensive list of faculty's outside ties. (KM)