{"id":7962,"date":"2011-03-13T04:03:00","date_gmt":"2011-03-13T04:03:00","guid":{"rendered":""},"modified":"2011-03-13T04:03:00","modified_gmt":"2011-03-13T04:03:00","slug":"Do-Daughters-Help-Ease-Gender-Pay-Gap-","status":"publish","type":"post","link":"https:\/\/asiancemagazine.com\/?p=7962","title":{"rendered":"Do Daughters Help Ease Gender Pay Gap?"},"content":{"rendered":"

Researchers have found that wage differences within a company decrease when something seemingly unrelated to the workplace occurs: when male CEOs have daughters. Three economists studied the salaries of some 734,200 Danish workers at 6,230 firms, from 1995 through 2006. The data set also included information on CEOs, including the sexes and birth dates of their kids. (More details on the study can be found in this WSJ piece and on our fellow blog, Ideas Market.)<\/strong><\/p>\n

The researchers found that when male CEOs had daughters, the wage gap closed by 0.5 percentage points, on average, at their firms in the same calendar year, and if a CEO\u2019s first born happened to be a daughter, the wage gap closed by nearly 3 percentage points. (Overall, Denmark has a gender wage gap of 21.5%, unadjusted for hours worked or rank.) The birth of a son, however, had no effect on the wage gap. And the researchers found no changes in the relative wages of women and men when female CEOs had children.<\/p>\n

The professors who performed the study \u2014 David Ross of Columbia Business School, Michael Dahl of Aalborg University in Denmark and Cristian Dezs\u00f6 of the University of Maryland\u2019s Robert H. Smith School of Business \u2013 proposed that having a daughter could make male CEOs more sensitive to gender issues. \u201cOur results suggest that the first daughter \u2018flips a switch\u2019 in the mind of a male CEO, causing him to attend more to equity in gender-related wage policies,\u201d the authors write.<\/strong><\/p>\n

SOURCE<\/a>
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