In an analysis of S&P 500 companies, researchers found that when a firm was led by a CEO with at least one daughter, it scored 11.9% higher on CSR metrics – ranging from 13.7% more on diversity and 1% more on human rights – than the median. These companies also spent and spent 13.4% more of their net income on CSR. Why? In an interview on HBR.org, Henrik Cronqvist from the University of Miami notes that "literature in economics, psychology, and sociology suggests that women tend to care more about the well-being of other people and of society than men do, and that female children can increase those sympathies in their parent."
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