2:15 P.M.Registration 2:30 P.M.Welcoming Remarks 2:40 P.M.Views on Moral Capital from a Regulators’ Perspective Mr. Andrew L. T. Sheng, SBS JP Chairman, Hong Kong Securities and Futures Commission 2:55 P.M.Views on Moral Capital from a Director’s Perspective Mr. Peter W. Greenwood, Director, CLP Holdings Limited 3:10 P.M.Lecture 1: Managing Ethics in Organizations Global best practices in ethics codes, corporate ethics offices and ethical training. 4:10 P.M.Coffee Break 4:30 P.M.Lecture 2: Moral Capital and Leadership The development of the notion of “moral capital” and its investment strategies. The role of leadership. Alejo José G. Sison, Ph.D. Rafael Escolá Chair of Professional Ethics (TECNUN) Academic Director, Institute for Enterprise and Humanism University of Navarre 5:30 P.M.Questions & Answers 6:00 P.M.Conference Concludes programme July 5, 2005 (Tuesday) venue: Hong Kong General Chamber of Commerce 22nd Floor, United Centre, 95 Queensway, Hong Kong “Bereft of ‘moral capital’, managers could prove to be their corporation’s own ‘suicide sac’.” (The Moral Capital of Leaders : New Horizons in Leadership Studies, Dr. Alejo Sison 2003) There is no shortage of recent evidence, some well publicized, to support this statement. Resolving today’s most pressing questions about business behaviour has become a priority in today’s corporate environment. A single-minded pursuit of profitability as the sole purpose of corporate existence, in the ‘disguise’ of ‘maximising return to shareholder’,comes under question. Imposed regulation is not the point and will never be enough - it is always possible to exploit rules, and rules can never cater adequately for all situations. Corporate intent cannot be right unless it is right in terms of the individuals employed. In deciding how to act in the face of ethical dilemmas, managers reveal their inner values, test their commitment to those values, and ultimately shape their characters. Dr. Alejo Sison’s extensive research has shown that even with socially and intellectually superior leaders, organizations cannot flourish without moral strength. By drawing on Aristotle’s profound insights into the social dynamics of ethics, and using real examples and case studies taken from recent business situations Sison demonstrates the quiet power of moral capital. He offers a more comprehensive understanding of leadership, the importance of morality and the person, and professional perils of those who lead without it.

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