Wear seat belt for safety, not for law: SEBI ex-head Damodaran on governance

Former SEBI Chairman M Damodaran, while talking about importance of corporate governance, said people must wear seat belts for safety and not because they're mandated by law. Damodaran said highway boards in US say, 'Buckle up! It's the law,' and asked, "Is that...why you should be wearing seat belts?" "You should wear it because it's the right thing," he added.