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We aim to positively influence the content of our local TV programming in terms of values portrayed; decency in speech, dressing and action; contribution to intellectual development of viewers; promotion of a healthy love for country; and, respect for religious beliefs.

Investing in Moral Capital and Good Governance: Will it Boost Work Excellence?

Posted on : 01-05-2010 | By : admin | In : Announcements, News



The forum aims to highlight the truth that work excellence is perfectly compatible with human integrity or in today’s business parlance,

moral capital. “Moral capital is excellence of character, or the possession and practice of a host of virtues appropriate for a human being

within a particular socio-cultural context.” Business is a wide-ranging field where all the virtues can and need to be lived.


The global financial meltdown had been marked by shortages — of oversight, due diligence and moral fortitude, bringing to the fore a

similar observation by  A.J. Sison, a professor of business ethics at the University of Navarra, Spain, following the Enron experience,

that “no amount of human, intellectual or social capital could make up for the lack of moral capital among workers for the long-term

success of a business enterprise.”


• Dr. Jesus P. Estanislao, the country’s premier stalwart for corporate governance, will deliver the keynote address on how one can

“continuously inculcate within the corporate culture a deep commitment to performance, ethics and social responsibility, to permanently

secure the foundations for good governance and responsible citizenship.”

• The Securities and Exchange Commission, under the strong leadership of its Chair, Atty. Fe B. Barin, released in July 2009 SEC Memorandum Circular No. 6 revising  the Code of Corporate Governance for implementation  by covered institutions. She will expound to us why “both professional competence and moral consistency are necessary”, and why “development is impossible without upright men and women, without financiers and politicians whose consciences are finely attuned to the requirements of the common good.”

•  Today we hear much talk of ethics in  the world of economy,  finance  and business. Pope Benedict XVI in his recent encyclical, “Charity in Truth” says: “The world needs ethics in order to function correctly — not any ethics whatsoever, but an ethics which is people-centred”.

Ms. Agnes D. Fernando will elaborate on the importance of the “moral culture in which markets exists”, and why the economy is not a “moral-free zone”: both honesty and generosity are absolutely required if the market is to work and to serve the common good.

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Comments (1)

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