The impact of SMEs Z-score on their access to bank loans

• Main Author: Γατομάτη, Φωτεινή
• Other Authors: Δράκος, Κωνσταντίνος
• Format: Thesis
• Language: English
• Published: 2017
• Subjects: Altman’s Z-Score models; SME’s Greek firms; Financial crisis; Probability of default; Structural break; 338.642; Μικρομεσαίες ελληνικές επιχειρήσεις; Οικονομική κρίση

The purpose of this dissertation is to investigate the role of the Z-score and Distance- to-Default measures in the ability of small and medium sized enterprises (SMEs) to obtain bank credit. A sample of Greek SMEs is studied, in a time frame covering both the pre (2007-2009) and the post (2010-2...