The Quality of Managers in Centralized Versus Decentralized Organizations
研究决策权的集中或分散如何影响实际选出的管理者素质，并揭示这一动态过程：现任管理者素质既受前任影响，又反过来决定未来管理者的质量。
Our objective here is to examine how the centralization or decentralization of decision-making authority affects the quality of the managers who are actually selected. This question is naturally dynamic because the quality of current managers is not only influenced by that of past managers, but it, in turn, affects the quality of future managers.