Purpose

This paper aims to investigate the relationship between a CEO's ability and authority with firm performance. The authors used a sample of 127 Iranian listed firms for over seven years, from 2011 to 2017.

Design/methodology/approach

The authors used data envelopment analysis (DEA) to evaluate managers' abilities, and the authors used business strategies to gauge authorities. Also, the methods of Fama–French and Herfindal–Hirschman were used for 889 firm-year observations.

Findings

The results show that managers' ability based on return on assets can affect firm performance, and skilled managers can improve performance.

Originality/value

In Iran, managers' abilities and other variables can impact it has been studied. Still, no study has been conducted on managers' strength and their level of authority with the presence of supervision on them.

中文翻译：

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监督质量，首席执行官的能力和权限与公司绩效之间的关系

目的

本文旨在研究首席执行官的能力和权威与公司绩效之间的关系。作者使用了从2011年到2017年超过7年的127家伊朗上市公司的样本。

设计/方法/方法

作者使用数据包络分析（DEA）来评估经理的能力，作者使用业务策略来评估权限。同样，Fama-French和Herfindal-Hirschman的方法也用于889个公司年的观测。

发现

结果表明，经理人基于资产回报率的能力会影响公司绩效，而熟练的经理人则可以提高绩效。

创意/价值

在伊朗，管理人员的能力和其他变量可能会对其产生影响。但是，在管理人员的监督下，还没有对管理人员的实力和权限水平进行任何研究。