With evern growing sickness in Indian industries both in large scale as well as small scale, it poses a serious threat to the strong and vibrant industrial structure of the country. The loss of production, capital and employment due to industrial sickness brings much panic to the owners, employees, financial institutions, banks and government. The malady has assumed serious propertion at a time when both money market and capital market are reeling under severe resource crunch. Much needed capital are tied up in sick industrial units and huge manpower are kept in the bay. Keeping in view these developments, the present book thoroughly examines the nature of sickness in Indian industries and outlines a model to predict sickness in Indian corporate sector. The book presents a clear and systematic approach to understand the symptom and cuases of sickness in industries. This lineer discriminant mode formulated and presented in the book predicts sickness in industries with 90 percent accuracy at one year prior to the event. It als maintains 75 percent accuracy even five years prior to sickness. The model can be used for monitoring corporate health by the financial agencies and the corporate management. This model is helpful to corporate management to know the problem areas and they can overcome the problem by taking timely and effective remedial measures. The model, if used judiciously, can bring the sick industrial unites back to normal state and help in checking further spread of sickness in industries.About the AuthorDr Pramod K Sahu is the Professor of Commerce and Director, School of Business Studies, Berhampur University. Born in the year 1942, graduated in Commerce from Utkal University in 1962 and obtained M Com degree from the University of Allahabad in 1964. Joined as Lecturer in Commerce Khallikote College Berhampur in 1965 and shifted to the Berhampur University in 1976. Obtained Ph D degee in the year 1978 from the Berhampur University. Elevated to the rank of Professor in the year 1983. Visited Graduate School of Busienss Administration, New York University in 1984-85 under Indo-US Exchange Fellowship programme for a Post-Doctoral Research work. Also visited Faculty of Administration, University of Ottawa, Canada in 1887-88 under Shastri Indo-Canadian Fellowship Dr Sahu was successfully turned out 12 PhD Scholars and published more than 50 research papers in national and international journals. Published so far seven books to his credit. He is a life member of the Indian Commerce Association and Member of Financial Management Association of USA. Dr Devi P Mishra is the Lecturer in the Department of Commerce, Berhampur University. Born in the year 1961, obtained M Com and M Phil degree in 1982 and 1986 respectively from Berhampur University. He received UGC research fellowship for pursuing research work on prediction of sickness in the corporate sector of India. He obtained PhD degree in the year 1990 from Berhampur University and joined as Lecturer in the same year. He has published 10 research papers in different national journals. He is a Member of Indian Commerce Association.Table of ContentsPreface Abbreviations List of Figures List of Tables Introduction Financial Ratios as Indicators of Industrial Sickness Methodology Analysis and Interpretation of the Data Summary of the Findings Appendices Bibliography Index