Thursday, 29 October 2015

Why you want your boss to have a daughter child

Next time you're looking for a job, it might be worth checking the gender of the chief executive's children. 
Research has found that having a daughter significantly impacts how CEOs run their companies.

In particular, CEOs with daughters are more likely to offer childcare, let employees work flexible hours and have a more diverse workforce. 
If the main decision maker has a female child, the company is also generally nicer to employees - and this effect is even greater if the daughter is the CEO's first-born child.

For example, Microsoft's founder Bill Gates has two daughters and a son. 
The Washington-based firm runs a scheme called Microsoft Corporate Citizenship that invests in human rights, diversity, funds computer science programs and runs employee benefit schemes.

To study the impact of a child's gender on a chief executive's policies, Professor Henrik Cronqvist from the University of Miami and Associate Professor Frank Yu, from China Europe International Business School studied the decisions made by almost 400 CEOs. 

Almost 4 per cent of these executives were women, and between them the group had a total of 1,000 children. 

'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,' explained the researchers. 

'We already know that judges with daughters tend to vote more liberally. So too are congressmen with daughters, especially when it comes to reproductive rights issues.


-Mailonline

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