Enterprise Rating System: the rhomboid structure of the Greek corporate universe

The implementation of the rating system for enterprises – Enterprise Rating System (ERS) – to a sample of 3,436 enterprises revealed that in 2015 the structure of the Greek entrepreneurship resembles the shape of a rhomboid. The majority of the enterprises are good (“b”) and medium (“c”) performers with percentages of 36.4% and 40.8% respectively. Outperforming enterprises (“a”) account for only 8.4% whereas underperforming ones (“d”) for 14.3% of our sample.

Source: ICAP DATA, Piraeus Bank Research