The role of CEOs of large companies in today's world is not limited to bringing financial results to the business. Increasingly, the social responsibility of the companies they manage is seen as an important metric and much discussed in the corporate world.
Due to this importance, there are many international studies and rankings that seek to measure the level of social responsibility of companies and understand what makes some stand out in relation to others in this regard.
An unusual study, which analyzed the corporate social responsibility of companies on the S&P 500 list (Standard & Poor's 500), showed that company presidents canada phone numbers who have at least one daughter tend to manage companies with a higher social responsibility index than those managed by presidents without daughters.
The research was conducted by Henrik Cronqvist of the University of Miami and Frank Yu of the China-Europe School of International Business. The results also show that if presidents have sons, this tendency is not so pronounced.
What is most striking is that, in this case, what is being proven is not the influence of parents on their children (as discussed in last week's column ), but the opposite, how the daughter can positively influence the father's socially responsible behavior.
According to the researchers, the results of their study are in line with research literature related to economics, psychology and sociology, as they suggest that women tend to pay more attention and care more about the well-being of other people in society than men.
Thus, daughters can influence the intensification of this type of attitude among their fathers. Unfortunately, the study did not measure whether the effect of daughters on mothers is the same, because the sample of female presidents in the S&P 500 ranking was too small for analysis (only 14 female presidents out of the total of 379 presidents participating in the survey).
The intriguing thing about this study is that it is surprising that these very powerful people – the presidents of the largest companies in the world – can be influenced by their sons or, in this case, their daughters.
The good side of all this is that this influence is beneficial and makes the companies they manage more concerned with people's well-being and not just profit.
If you are concerned about the social responsibility practiced by the company where you work or intend to work, it is important to know whether the CEO has a daughter. If he has at least one daughter, the probability of the company's social responsibility being more effective is greater.
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