This study examines whether there are differences between domestic and foreign owned firms operating in Greece, and in particular it focuses on financial management characteristics of the firms under investigation. The data come from the individual companies’ balance sheets for the year 2008. The firms under investigation are grouped into two categories based on the origin of their capital share. Using a non-linear model, we arrive at the following results: foreign enterprises have higher use of capital, manage more financial elements, have more access to long-tern borrowing, while they fall short against domestic firms in short term financing. Finally, foreign firms have higher sales and present greater profitability.