CEOs are tired of being held responsible for gun regulation | CNN Business

US CEOs are Frustrated by Lack of Support for Gun Control Efforts

Corporate America's biggest names have grown accustomed to treading the well-worn path between Washington, DC, and their home base in the Northeast, discussing geopolitics, policy, and social issues. They've taken a strong stance on various causes, including gun control, with nearly 150 major companies calling it a "public health crisis" and demanding legislation to address it.

However, following the latest mass school shooting in Nashville, an eerie silence has fallen over corporate America's advocacy efforts on this issue. The United States relies heavily on large corporations as vocal advocates for various causes, but when it comes to gun control, the usual chorus of CEOs is noticeably absent.

Yale Professor Jeffrey Sonnenfeld, a prominent advocate for corporate social responsibility, believes that top executives are feeling frustrated and disillusioned with their efforts. "The social change that happened in the 1960s wasn't being led primarily by CEOs," he said. "Social changes really happened when we saw the interfaith activity of clergy locking arms and canvassing legislators. Where's all the student activism?"

Sonnenfeld argues that CEOs are not there to fill the role of politicians and civic leaders, but rather to join the chorus of public advocacy. They want to see social capital – public trust – grow, but they need other civil society groups to join them.

Despite their best efforts, CEOs have found themselves unable to drive meaningful change on gun control legislation. The nation's CEOs are waiting for everybody else to join them in advocating for policy change. "It's the same thing on immigration reform," Sonnenfeld said. "If a CEO was working an 18 hour day on a 12 day week, they still couldn't address all of the issues that need addressing."

In reality, CEOs have been quietly contributing to the debate on gun control without being seen as overtly involved in advocating for legislation. However, some might argue that their influence is more pronounced than they're letting on.

Their donations to politicians are another subject of confusion among many Americans. Since the 2020 elections, much less campaign contributions have come from big businesses, and since the 2021 run on the Capitol, a lot of businesses either had an official moratorium or gave mere pennies to politicians. In reality, CEOs don't hold the purse strings in terms of donating to powerful politicians.

Tesla's sales report also highlights the complexity of corporate America's advocacy efforts. Despite a modest 4% rise in sales in the first quarter compared to last year, Tesla reported it had produced more vehicles than it delivered to customers for the fourth straight quarter. This may be due to the ramp up in production at two new factories and a lag between increased production and sales.

The data suggests that talk of strong demand by Tesla executives may not be backed up by numbers. However, when asked about this discrepancy, Tom Zhu from Tesla said early this year they had a price adjustment, generating huge demand more than they could produce. "As long as you offer a product with value at an affordable price, you don’t have to worry about demand," he stated.

While the data on gun control advocacy efforts might be complex and nuanced, there's no denying that corporate America has played a significant role in shaping public discourse on this issue – even if they're not leading the charge anymore.
 
Honestly 🤔, it's kinda weird when you think about it... all these big companies are saying gun control is a public health crisis and wanting legislation changed, but we don't see as much from them in terms of actual action or support beyond just donating to politicians. It's like they're waiting for everyone else to step up before they do anything 🙄. And honestly, it feels kinda... entitled 🤑. Like, if they want the public to trust them on an issue, shouldn't they be doing more than just touting their corporate social responsibility efforts? I mean, come on, where's all that student activism Yale Prof Sonnenfeld was talking about? 😒
 
CEOs are all like "can someone else do it for me?" I mean, come on, they've got the cash, but when it comes to actually making a difference on gun control, they're all like "oh no, I'm just a businessman, not a politician". 🤣 Like, hello, you're raking in the dough and still trying to claim you're a victim? 😂 Anyway, it's cool that Yale Professor Sonnenfeld is calling them out for being absent from the conversation. Maybe they should just stick to making electric cars instead of pretending to care about social change. 🚗💸
 
idk what's goin on with these CEOs rn 🤔 their usually all about that gun control life but now it's like they've lost their voice 💔 maybe they're just tired of gettin' shot down by politicians or somethin 😒 i feel like we need more student activism and less corporate America tryin to be the hero 👊
 
I feel like big corps are getting kinda lazy when it comes to speaking out about gun control 🤔. They used to be all over it, but now they're just sitting back and waiting for others to lead the way. Like, what's up with that? Shouldn't they be using their huge influence to push for change? 🤑 I mean, we're seeing more students and activists getting involved, which is awesome, but where are our CEOs? It's like they're expecting everyone else to do all the heavy lifting while they just chill in the background 💼. Can't they just speak up already?!
 
omg I'm still trying to figure out how ppl can afford those new iphone 14 pro 🤯 they seem so expensive! anyway back to gun control... I feel like the US should just have stricter background checks and stuff, idk why it's so hard for them to pass legislation 🤔 like, shouldn't corporations be able to make a difference on this issue? I know they're not leading the charge but can't they at least give some support or something? my aunt's friend works at a big company and she said they've been talking about it internally but nothing concrete has come out yet 😐
 
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