CEOs with daughters are nicer to their employees

Business leaders who have daughters are nicer to their employees, according to new research.

A new study has been highlighted in the latest issue of Harvard Business Review. It was written by Henrik Cronqvist (Professor of Finance at the University of Miami) and Frank Yu (Associate Professor of Finance at the China Europe International Business School). 

Together, they wrote about their research in The Conversation. They said: “Previous research has shown that there’s some element of truth to the tale told in the film Despicable Me, where the villain is transformed from being ‘super bad’ to ‘super dad’ after he has to father three little girls.

“We looked at the decisions made by almost 400 CEOs (3.7% were women) who, between them, have a total of almost 1,000 children. We found that having a daughter also impacts the way CEOs run their companies. The effect is even greater if the daughter is the CEO’s firstborn.”