Skip to main content

Table 5 Industry Dummies for Sample Companies

From: Re-estimation and comparisons of alternative accounting based bankruptcy prediction models for Indian companies

Industry Dummy

Industry Type

No of Firms

D1

Manufacturer of other food products

14

D2

Spinning, weaving and finishing of textiles

34

D3

Manufacturer of paper and paper products

4

D4

Manufacturer of basic chemicals, fertilizer and nitrogen compounds, plastics, synthetic rubber in primary form

18

D5

Manufacturer of pharmaceuticals, medicinal chemical, and botanical products

6

D6

Manufacturer of rubber products

4

D7

Manufacturer of glass and glass products

4

D8

Manufacturer of non-metallic mineral products n.e.c.

2

D9

Casting of metals

16

D10

Manufacturer of electronic components

6

D11

Manufacturer of electric motors, generators, transformers and electricity distribution and control apparatus

4

D12

Manufacturer of motor vehicles

8

D13

Manufacturer of furniture

4

D14

Other land transport

6

 

Total

130

  1. Source: Author’s compilation