CEOs with Daughters are More Committed to CSR: New Report

Business leaders who are the fathers of daughters spend more time and money on corporate social responsibility than those without daughters. That’s the startling conclusion of a new report that analyzed 379 CEOs of the S&P 500 index. “Shaped By Their Daughters: Executives, Female Socialization, and Corporate Social Responsibility,” the study’s research is an eye-opener with all sorts of gender implications. Key finding: “male CEOs with daughters were one-third more likely to make CSR decisions like their female counterparts,” and their decisions totaled nearly $60 million, over 13 percent of firms’ median income. There’s much more—this is a story where more is more—and you can get the details in an in-depth, thought-provoking Forbes blog.

John Howell, Editorial Director

News & Blogs

2 hours 52 min ago

Guest blog by Richard Crispin, CollaborateUp

If you were born in the 1800s, your career prospects began and ended on the farm. Over 75 percent of Americans made their living in agriculture. Today, less than 2 percent of us do. The average American farmer in the 1940s fed 19 people. Today, s/he feeds 155. That's a growth in productivity nine times greater than the average of all other industries.

8 hours 22 min ago

(3BL Media/Justmeans) – On September 25 2015, 193 world leaders will commit to 17 Global Goals to achieve three extraordinary things in the next 15 years: end extreme poverty; fight inequality and injustice; and fix climate change. There is hope that these Global Goals for sustainable development could get these things done, in all countries for everyone. The Global Goals for Sustainable Development are a precious moment in our history.

1 day 6 hours ago

(3BL Media/Justmeans) – Marks & Spencer (M&S) has joined forces with Britain’s much-loved TV star, Joanna Lumley, and launched ‘Spark Something Good’. The initiative aims to inspire and motivate M&S employees and customers around the U.K. to take action for good causes by donating time to their local communities to help improve lives.

2 days 23 hours ago

(3BL Media/Justmeans) – As more companies recognize the benefits of clean energy in reducing costs and improving competitiveness, a growing business trend to adopt renewable energy and energy efficiency solutions has emerged in recent years. A 2014 study by Ceres, along with Calvert Investments and the World Wildlife Fund, found that 60 percent of Fortune 100 companies have set their own clean energy targets, saving over $1 billion a year in the process.

3 days 13 hours ago

California is in the midst of its fourth straight year of drought, the worst one on record. The majority of the state is in exceptional drought, the worst category. Reservoirs are dangerously low and the dry conditions are causing wildfires across the state. 

3 days 23 hours ago

(3BL Media/Just Means) - These days we all have far too many items of clothing, which represent a major environmental challenge, from the water and pesticides needed to grow cotton crops to the waste that piles up on landfills. We are not doing very well on the recycling front as only 15 percent - or 10.5 million tons - of clothes, shoes and accessories are recycled each year.