Χρηματοοικονομική ανάλυση οικονομικών καταστάσεων και δυνατότητες πρόβλεψης

The global economic crisis that has erupted in our time is an important fact that has created a massive pressure across all countries and especially in Greece and businesses. All this economic weakness has led to panic businesses so many of them either go bankrupt or are unable to pay their debts. This study aims to clarify the effectiveness of the use of business models to predict their bankruptcy. Initially, the theoretical literature took place for recording the current situation and clarified the most important terms related to business bankruptcy and the suggestion of corporate bankruptcy prediction models. For the empirical analysis the model use Altman’s Z - Score with the aim of assessing the success of its application in assessing the probability of bankruptcy of ten companies in the Greek market.