In the processes of Chinese economic and political reforms, making decision democratically and scientifically is one of the most important problems for the managers. Through the investigations of 319 managers from 13 companies in 3 cities of China, the participation or the behavior of influence and power sharing in managerial decision-making was systematically analyzed. The research was concerned with three aspects: (1) the descriptive study of managerial decision-making; (2) the relationship between managerial decision-making and a set of specified contingent situational factors; (3) the relationship between managerial decision-making and various outcome variables, such as job satisfaction and organizational effectiveness. The principal results of the research showed. 1. The managers used different methods of decision-making in different situations. The wildly used method by the managers was "prior consultation with subordinate". 2. Compared with the developed countries, Chinese managers tended to use more centralized methods of decision-making. In the comparisons among the different districts of China, the managers in the districts of the higher level economic and cultural development tended to use more participative methods in the processes of decision-making. 3. The behavior of managerial decision-making was influenced by the various contingent factors, such as the uncertainties of the environments, the job constraints, and the variables related to persons, etc. 4. The behavior of the managerial decision-making correlated significantly with the job satisfaction and organizational effectiveness. The more influence and power managers owned in the processes of decision-making, the more positive they evaluated their job satisfaction and organizational effectiveness.