EARLY EMERGENCE OF CORPORATE CRISIS IN ITALY: THE ALERT INDEX EXISTS, IT WORKS, BUT ISN'T USED

When a company begins to show signs of crisis, all parties involved try to hide the dust under the carpet. Nevertheless, in Italy the warning index of financial crises of companies (especially small and medium) exists, it works, but it isn't used. The RATING that banks give to all positions of risk with them is particularly efficient because it is influenced by: - The estructure of the balances of the companies reported in the electronic archive of the bank; - Negative elements derivable from databases (Central of the Risks, the register of companies at the Chamber of Commerce, etc.). - Daily modus operandi of the company client at the bank itself, as detected "spot"