RPT-Bidvest head slams corporate governance reforms

Newswire

(Repeats story that went out late on Thursday) JOHANNESBURG, March 25 (Reuters) - The head of South African conglomerate Bidvest said on Thursday corporate governance reforms ran the risk of destroying the entrepreneurial spirit of groups like his. "Corporate governance is not a set of rules, it is a culture," said Brian Joffe, chairman and chief executive. "If we continue in South Africa with the corporate governance rules we are imposing on corporations, we are going to have a ...

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