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Rampant industrial sickness has become a bane for Indian economy. The affliction is widespread in industrial units of all types, sizes and in all regions of the country. Number of steps have been initiated by the government and funding institutions to combat it and rehabilitate sick units. However, they have not made much dent. And the rising incidence of industrial sickness is causing anxiety and alarm. Managing Corporate Turnaround provides the new insights into why do companies fall and how successful turnarounds can be achieved. In this book, the author examines and analyses in detail the specific issues: why do some running industrial units fall sick, while others thrive When and how to diagnose and predict sickness Can the sick industrial units be turnaround What turnaround strategies are to be initiated, when and how How to monitor performance What role does top management play in turning around a sick unit. The book outlines practical approaches for the entrepreneurs, management and funding institutions on the while spectrum of industrial sickness and turnaround management. It highlights the role of top management in turning around sick units with real life cases. Inclusion of six case studies of successful turnaround and the way in which turnarounds have been achieved is the unique feature of this book. This analytical, practical and readable book would be useful to management, funding institutions and government in dealing with the problems of industrial sickness and turning around sick industrial units. Researchers will also find it interesting since it incorporates the research studies conducted in India and abroad. About the Author Dr. R.A. Yadav is a Senior Faculty Member in Finance and Accounting Area at the Faculty of Management Studies (FMS), University of Delhi. He did his post-graduation specialising in Finance and Accounting with first position from Panjab University, Chandigarh and subsequently obtained Ph. D. from Delhi. He has a long teaching experience and is actively involved in research, training and consultancy. He has worked as a Senior Faculty Member in Northern India Banks Staff Training College, New Delhi. He is the founder member of Indian Financial Management Association and also on the Editorial Board of the Indian Journal of Finance and Research. He has published a number of research papers in reputed Journals and is the author of books namely Financial Rations and The Prediction of Corporate Failure; and Management and Monitoring of Industrial Sickness which won the DMA-ESCORTS Best Book Award 1986. His research papers entitled Working Capital Management: A Parametric Approach (1986); and Sick Industrial Companies Legislation: Remedy or the Palliative (1987) won the Best Article Awards 1986 and 1987 respectively of the Institute of Chartered Accountants of India.