In this paper, the following research problem was addressed: Is DEA (Data Envelopment
Analysis) method a suitable alternative to Altman model in predicting the risk of bankruptcy?
Based on the above-mentioned research problem, we formulated the aim of the paper: To
apply DEA method for predicting the risk of bankruptcy and to compare its results with the
results of Altman model. The research problem and the aim of the paper follow the research
of authors aimed at the application of methods which are appropriate for measuring …