GM(1,1) in bankruptcy syndrome modelling

The present paper tries to give a whole new vision on the firm´s future evolution forecasting. By taking into account some of the current values of its symptoms and applying one of the most used models in the grey systems theory, namely the GM(1,1), some predictions related to its future symptoms´ values can be determined. Having these values and the grey economic-financial matrix, K, the future diseases that can hit a company can be depicted along with their causes. Furthermore, knowing and understanding these causes, the manager can action on a manner that can make the difference between a bankrupt and a real successful firm.