In this edition of Smith Business Close-Up with the University of Maryland’s Robert H. Smith School of Business, Cristian Dezsö talks about the wage gap between men and women and how the children of CEO come into play. The gap between wages earned by men and women is still a pervasive worldwide phenomenon. But new research finds that when an organization’s male CEO has a daughter, the relative pay for women at those firms goes up, narrowing the gap.

In this edition of Smith Business Close-Up with the University of Maryland’s Robert H. Smith School of Business, Cristian Dezsö talks about the wage gap between men and women and how the children of CEO come into play. The gap between wages earned by men and women is still a pervasive worldwide phenomenon. But new research finds that when an organization’s male CEO has a daughter, the relative pay for women at those firms goes up, narrowing the gap.

mith School faculty are doing more than leading the way with their research, they are also making an impact on corporate best practices. Case in point -- business intelligence and quotes from Smith faculty were recently highlighted in publications from McKinsey & Company, a leading source of business management consulting services and insight.

Maryland Smith’s Cristian Dezsö says his recent finding of strong performance by R&D-heavy companies managed by women confirms theories that “women have a management style that encourages people to speak up and exchange ideas” and factors in women outperforming men as fund managers.

Equal pay for equal work is a simple notion, but surprisingly hard to implement without buy-in from upper management and quantitative tools for decision support.

It’s long been believed that if you want to rein in risk-taking, hiring women as top managers can help. But new research suggests that it can have the opposite result.