Valuing talent: do CEOs' ability and discretion unambiguously increase firm performance Cheung, Kwok Tong Samuel, Naidu, Dharmendra, Navissi, Farshid and Ranjeeni, Kumari 2017, Valuing talent: do CEOs' ability and discretion unambiguously increase firm performance, Journal of corporate finance, vol. 42, pp. 15-35, doi: 10.1016/j.jcorpfin.2016.11.006. Attached Files Name Description MIMEType Size Downloads cheung-valuingtalent-post-2017.pdf Accepted version application/pdf 921.76KB 113 Title Valuing talent: do CEOs' ability and discretion unambiguously increase firm performance Author(s) Cheung, Kwok Tong Samuel orcid.org/0000-0001-9413-8374 Naidu, Dharmendra Navissi, Farshid Ranjeeni, Kumari Journal name Journal of corporate finance Volume number 42 Start page 15 End page 35 Total pages 21 Publisher Elsevier Place of publication Amsterdam, The Netherlands Publication date 2017-02 ISSN 0929-1199 1872-6313 Keyword(s) firm performance CEO ability discretion business strategy monitoring Summary This study investigates how the association between more able managers and firm performance, documented in prior research, is affected by the joint effect of managerial discretion and monitoring quality. We find that higher levels of managerial discretion afford more able managers to further improve firm outcomes only when such discretion is monitored closely to curb more able managers' rent seeking incentives. Our results are robust to a battery of additional and sensitivity analyses that we perform. Language eng DOI 10.1016/j.jcorpfin.2016.11.006 Indigenous content off Field of Research 150303 Corporate Governance and Stakeholder Engagement 150310 Organisation and Management Theory 150201 Finance 1502 Banking, Finance And Investment Socio Economic Objective 970115 Expanding Knowledge in Commerce HERDC Research category C1 Refereed article in a scholarly journal ERA Research output type C Journal article Copyright notice ©2016, Elsevier Free to Read? Yes Free to Read Start Date 2019-03-01 Persistent URL http://hdl.handle.net/10536/DRO/DU:30088797 Document type: Journal Article Collections: Faculty of Business and Law Open Access Collection Department of Accounting Related Links Link Description Connect to published version (restricted access) Go to link with your DU access privileges   Connect to Elements publication management system Go to link with your DU access privileges     Unless expressly stated otherwise, the copyright for items in DRO is owned by the author, with all rights reserved. Every reasonable effort has been made to ensure that permission has been obtained for items included in DRO. If you believe that your rights have been infringed by this repository, please contact drosupport@deakin.edu.au. Versions Version Filter Type Mon, 14 Nov 2016, 09:37:37 EST Tue, 15 Nov 2016, 04:00:35 EST Tue, 15 Nov 2016, 05:08:04 EST Fri, 18 Nov 2016, 15:18:18 EST Fri, 18 Nov 2016, 15:28:56 EST Fri, 18 Nov 2016, 15:29:48 EST Fri, 18 Nov 2016, 15:33:46 EST Tue, 07 Jan 2020, 15:04:38 EST Tue, 07 Jan 2020, 15:07:05 EST Sat, 13 Jun 2020, 02:30:24 EST Sat, 19 Mar 2022, 01:45:36 EST Filtered Full Citation counts:   Cited 20 times in TR Web of Science Cited 24 times in Scopus Search Google Scholar Access Statistics: 678 Abstract Views, 119 File Downloads  -  Detailed Statistics Created: Mon, 14 Nov 2016, 09:37:37 EST