Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Articles Article Faculty Publications -Articles Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Corporate Default Prediction Model: Evidence from the Indian Industrial Sector Subject The topic of the resource Bankruptcy; Credit Default; Financial Ratios; IBC; India; Logistic Regression Description An account of the resource The unprecedented pandemic COVID-19 has impacted businesses across the globe. A significant jump in the credit default risk is expected. Credit default is an indicator of financial distress experienced by the business. Credit default often leads to bankruptcy filing against the defaulting company. In India, the Insolvency and Bankruptcy Code (IBC) is the law that governs insolvency and bankruptcy. As reported by the Insolvency and Bankruptcy Board of India (IBBI), the number of companies filing for bankruptcy under IBC is on a rise, and the industrial sector has witnessed the maximum number of bankruptcy filings. The present article attempts to develop a credit default prediction model for the Indian industrial sector based on a sample of 164 companies comprising an equal number of defaulting and nondefaulting companies. A total of 120 companies are used as training samples and 44 companies as the testing samples. Binary logistic regression analysis is employed to develop the model. The diagnostic ability of the model is tested using receiver operating characteristic curve, area under the curve and annual accuracy. According to the study, return on assets, current ratio, debt to total assets ratio, sales to working capital ratio and cash flow to total assets ratio is statistically significant in predicting default. The findings of the study have significant implications in lending and investment decisions. 2021 MDI. Creator An entity primarily responsible for making the resource Shilpa Shetty H.; Vincent T.N. Source A related resource from which the described resource is derived Vision, Vol-28, No. 3, pp. 344-360. Publisher An entity responsible for making the resource available Sage Publications India Pvt. Ltd Date A point or period of time associated with an event in the lifecycle of the resource 2024-01-01 Identifier An unambiguous reference to the resource within a given context <a href="https://doi.org/10.1177/09722629211036207" target="_blank" rel="noreferrer noopener">https://doi.org/10.1177/09722629211036207</a> <br /><br /><a href="https://www.scopus.com/inward/record.uri?eid=2-s2.0-85114034117&amp;doi=10.1177%2F09722629211036207&amp;partnerID=40&amp;md5=7e81c2a3d204c6442ce6f9f3bac8862d" target="_blank" rel="noreferrer noopener">https://www.scopus.com/inward/record.uri?eid=2-s2.0-85114034117&amp;doi=10.1177%2f09722629211036207&amp;partnerID=40&amp;md5=7e81c2a3d204c6442ce6f9f3bac8862d</a> Rights Information about rights held in and over the resource Restricted Access Relation A related resource ISSN: 9722629 Format The file format, physical medium, or dimensions of the resource Online Language A language of the resource English Type The nature or genre of the resource Article Coverage The spatial or temporal topic of the resource, the spatial applicability of the resource, or the jurisdiction under which the resource is relevant Shilpa Shetty H., School of Commerce, Finance and Accountancy, CHRIST (Deemed to be University), Karnataka, Bengaluru, India; Vincent T.N., School of Commerce, Finance and Accountancy, CHRIST (Deemed to be University), Karnataka, Bengaluru, India