The study investigates the relation between exchange rate Rs/$ and stock prices in India. S and P Bombay Stock Exchange 500 index is considered as an indicator for Stock Exchange while average exchange rate returns of Indian Rupee versus Dollar is taken as proxy for Exchange rate. Johansen's co-integration and Granger causality test have been used to identify the long-run and short-run equilibrium relationship between the exchange rate and the stock price from 2007-2017. The study reveals that there is no long term co-integrated relationship between the two financial variables. However, the causality runs from the stock market to exchange rate confirming the portfolio approach. This relation between the exchange rates and stock prices corroborates that volatility of exchange rate in Foreign exchange market is caused by the inflow and outflow of foreign portfolio investment in India. Economic effect of the volatility of exchange rate is borne by the private corporate having foreign exposure in terms of erosion of Firm value.

Governance in a government hospital setup is complicated due to its economic and financial dimensions but also incorporates societal responsibility. The current study focuses on the processes and procedures as the key factor of corporate governance. This paper presents evidence of a comprehensive range of procedures related to governing healthcare quality undertaken at the corporate governance level. The study explores the viewpoint of the stakeholders including patients, doctors, and the management. The aim of the study is to identify indicators of effective governance in an emerging country like India where the state regulates the health system. For this purpose, three major hospitals of Delhi – AIIMS, Safdarjung, and Ram Manohar Lohia hospitals – were studied. The response of 582 respondents was analyzed using logit regression. The study documents the comfort level of patients with the doctor, the ability of the doctors to address the concern of patience, registration time in the hospital, and easy availability of the medicine improves the corporate governance of the hospital. The main contribution of the research is analyzing the health care system in an emerging market like India which is characterized by the complexity of interaction between the environment and policies related to health care.

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