“…The Mahoney et al (1965) scale is frequently used to measure managerial performance in accounting studies (Chalos and Poon, 2000;Chong and Chong, 2002;Marginson and Ogden, 2005;Otley and Fakiolas, 2000;Parker and Kyj, 2006;Wentzel, 2002), with researchers arguing that self-report measures of performance are valid and tend to exhibit less bias than supervisor ratings (Dunk, 1993;Marginson and Ogden, 2005;Parker and Kyj, 2006), and that self-rated subjective measures of subordinate performances are highly correlated with superiors' subjective ratings of subordinate performance and objective measures of subordinate performance (Furnham and Stringfield, 1994;Heneman, 1974;Venkatraman and Ramanujam, 1987). The reliability and validity of the scales is also examined in the PLS measurement model.…”