CEOs With Daughters Pay Female Employees Better

by Derek Loosvelt | March 17, 2011

  • My Vault

According to a study of 6,230 Danish firms, there's a direct correlation between CEOs having a daughter and the way their firms pay its female employees -- that is, better.

The study, conducted by three economists (one from Columbia Business School, one from the University of Maryland's business school, and a third from Denmark's Aalborg University), showed that when a CEO has a daughter, the gap between his or her company's average male and female salary closes by 0.5 percent during that calendar year. And if the child was a CEO's first daughter, the gap closes by 3 percent. Sons, it was shown, had no affect on the gap.

(WSJ)

Filed Under: Finance

Close button

Get tips on interviewing, networking, resumes, and more directly to your inbox.

No Thanks

Get Our Career Newsletter

Interview, resume and job search tips emailed directly to you.