dc.contributor.author | Dholakia, Bakul H. | |
dc.date.accessioned | 2010-09-24T06:23:37Z | |
dc.date.available | 2010-09-24T06:23:37Z | |
dc.date.copyright | 1988 | |
dc.date.issued | 1989-09-24T06:23:37Z | |
dc.identifier.uri | http://hdl.handle.net/11718/9011 | |
dc.description | Vikalpa, Vol. 14 (2), (April-June, 1989), pp. 19-24 | en |
dc.description.abstract | Prevention is better than cure—this adage
is particularly significant in the context
of growing industrial sickness in the
country. Fundamental to the criteria used
by financial institutions and government
agencies to identify sickness is the
recurrence of cash loss. Dholakia argues
that use of various criteria based on the
cash loss syndrome delays identification
of sickness and results in a high proportion
of terminally sick units.
According to Dholakia, what is
needed is a comprehensive set of empirically
tested criteria which would serve as
an early warning system. Abnormal fluctuations
in a firm's relative position
within the industry to which it belongs
should be explicitly used to determine
sickness at the incipient stage. This is
likely to help prevent industrial sickness.
However, this would require restructuring
of existing systems and procedures
adopted by the financial institutions. | |
dc.language.iso | en | en |
dc.subject | Industrial Sickness | en |
dc.subject | Empirically Tested criteria | en |
dc.title | Industrial sickness in India: need for comprehensive identification criteria | en |
dc.type | Article | en |