An Empirical Investigation on Reactivity and Performance

Abstract

This paper introduces an empirical analysis to verify the robustness of the concept Reactivity, which has been developed in De Giovanni, Passarelli & Cariola (2013). We discover that the performance Reactivity exists as a second order factor, which positively influences the financial performance. Firms should look at acquiring this capability to pursue their operational and financial performance in unexpected and highly volatile markets.