I expected more from Sebi panel on corporate governance: M Damodaran

The Securities and Exchange Board of India’s (Sebi’s) expert panel report on corporate governance is good but more could have been done, says M Damodaran, chairman, Excellence Enablers, a governance firm, in an interview to Shrimi Choudhary. The former Sebi chairman says public shareholders would approve high executive salaries if they see merit. Edited excerpts:
 
How would you rate the Sebi panel report on corporate governance?
 
There are a number of good recommendations. However, given the collective wisdom and experience of the committee members, I expected a little more.
 
Railway Minister Piyush Goyal has said the report