This project develops a z-score model that will predict bankruptcy for Greek companies and facilitate each individual company to take preventive action so as to avert disaster. The National Bank of Greece and Malco group will use the results of this model in order to consult its client on whether mergers and acquisitions between comps can be recommended. Apart from the empirical results of the model, the project includes an introduction to the Greek legal system to bankruptcy rules for companies as well an overview of the development of the Greek economy as a whole.
