The 19-year-old beauty was given the title after the committee considered her famous parents, Clint Eastwood and Frances Fisher, and her acting career, reported Ace Showbiz.
"Francesca comes from a very talented family and we are delighted to have her be our Miss Golden Globe. She is a budding actress and is a great addition as we celebrate the show's 70th anniversary!," said Aida Takla-O'Reilly, association's president.
The young actress has starred in movies "True Crime" and "The Stars Fell on Henrietta". In addition, she is still filming a thriller movie entitled "Final Girl", which will be released in 2013. She is all excited for the honour.
"I have watched the Golden Globes ceremonies since I was a little girl, and it means so much to me to be a part of one of Hollywood's most illustrious events," she said.