Chief executive officers (CEOs) of environmental, social, and governance (ESG) firms are known to take lesser pay and engage themselves in corporate social responsibility activities to achieve the dual objective of the enhancement of firm’s performance as well as benefit for stakeholders in the long run. This study examines the role of ESG transparency in strengthening the impact of firm performance on total CEO pay in ESG firms. A panel of 67 firms for the period of 2014–2019 has been analyzed using the two-step system GMM model, with NSE Nifty 100 ESG Index as the data sample and ESG scores from Bloomberg database as a proxy for transparency. Findings reveal that environmental and governance disclosure scores have the potential to intensify the negative relationship between firm performance and CEO compensation, while social disclosure scores do not. In addition, various firm-specific, board-specific, and CEO-specific attributes have also been considered controls affecting remuneration. This paper contributes to the literature by exploring the effect of exhibiting ESG transparency and its nexus with CEO pay as well as firm performance.

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Modern businesses are so inter-twined that a cause in one market affects other markets throughout the Globe. The 2008 subprime crisis is one of such evidences of inter-linkage of global markets. Such type of event motivates many studies to analyse the transmission of volatility from one market to another market. The study aims to analyse the volatility spillover effect between CNX Nifty and exchange rates covering for three different currencies, that is, USD, GBP and yen. GARCH (1,1) and EGARCH (1,1) have been used to identify the spillover effect and asymmetries or leverage effect in the volatility transmission through the estimation of different parameters. The overall findings show that there is spillover between the foreign exchange and the stock market. Among the three exchange rates, the USDR is strongly co-related with the Indian stock market as compared to other rates. Our study will significantly contribute to the existing literature in this context. The findings of the study have greater implications especially for hedgers, arbitrators and other participants in this market. As such type of information regarding transmission of volatility can help them to diversify their overseas risk through an optimal portfolio selection.

The financial sector reforms, role of regulatory authorities and increase in savings attracted investors towards mutual funds. Stock market developments created popularity for equity oriented schemes. In the face of availability of multitudinous schemes, growth schemes introduced in the year 1993 has been studied. Sharpe, Treynor, Jensen and Fama's measures reveals that all the seven schemes showed negative risk premium, scheme s performance was in line with that of market performance, existence of a high degree of positive correlation in weekly time lag while the impact gets reduced as the time lag increases.

This study empirically examines the co integration of the Indian stock market with special reference to National Stock Exchange, with the major stock exchanges in the world. The study of the existence of interlink ages among international capital markets has considerable implications on determining the extent of portfolio diversification as well as macroeconomic policies of individual countries. The changing conditions in the international stock market have led global investors to think of other leading market which offers immense returns. Asian Markets have emerged as desired investors centre for the global players. However, their movement is also subject to the volatility prevailing in the international markets. The results of Johansen cointegration test confirmed the existence of long term relationship between NSE Nifty and other indices of major stock exchanges in the world.