Previous studies have suggested that subordinates are more accurate in judging how their bosses view them than are bosses at judging how subordinates view them.
Those studies also suggest that bosses are more accurate in judging how subordinates view themselves than are subordinates in judging how bosses view themselves.
However, results of a new analysis, when controlling for stereotype accuracy (e.g., bosses predicting responses of subordinates in general) in previously collected data, suggest that subordinates' perceptions are generally more accurate than those of their bosses.
Citation: David A. Kenny, Amanda Snook, Eliane M. Boucher, and Jeffrey T. Hancock, 'Interpersonal Sensitivity, Status, and Stereotype Accuracy', http://pss.sagepub.com/content/early/2010/10/22/0956797610387437.abstract