managerial discretion to managers tends to enhance, not alter or diminish organisational performance (the discretion puzzle …-blind' interviews with managers of 467 firms in China and applying partial least squares path modelling (PLS), the study identifies a … managers use their discretion. This generates far-reaching implications for theoretical and empirical research as well as …

unique aspect of this survey is it collected management data from the CEO, a random sample of senior managers and workers. We … poorly managed firms. This distribution of management scores is similar for CEOs, senior managers and workers management, and …, we find that the CEO's management scores are the most predictive of firm performance, followed by the senior managers and …