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

Corporate America's Silence on Gun Control is Deafening

The latest mass school shooting in Nashville has left many Americans wondering why corporate executives are remaining eerily silent on gun control. For years, top CEOs have been vocal advocates for stricter gun regulations, but lately, they seem to be AWOL.

In 2019 and again this past summer, nearly 150 major companies, including Lululemon, Lyft, Bain Capital, Bloomberg LP, Permanente Medical Group, and Unilever, called gun violence a "public health crisis" and demanded that the US Senate pass legislation to address it. However, with the latest mass shooting, there has been an unsettling lack of response from the business community.

It's as if corporate America is waiting for others to join them in advocating for change. As Jeffrey Sonnenfeld, a Yale professor who runs the Chief Executive Leadership Institute, noted, "They've taken a very strong stance and they've gone out further than the general public. They are where the general public is on surveys, but they're not where the general public is on action in the streets."

Sonnenfeld's frustration stems from what he perceives as a growing reliance on CEOs to advocate for social causes. "We're ready for others to now do something," he said. "Enough already on saying 'what are the CEOs doing?' Social capital is as valuable as financial capital. CEOs understand that in their soul, they want there to be social capital."

But despite Sonnenfeld's words, it seems that many corporate executives are indeed feeling complacent. They've been vocal on issues like voting rights and sustainability, but when it comes to gun control, it appears they're holding back.

One reason for this silence may be the misconception that CEOs hold significant sway in terms of campaign contributions. However, since the 2020 elections, much less of campaign contributions have come from big business. Since the 2021 run on the Capitol, many businesses have either had an official moratorium or given mere pennies to politicians.

Tesla's latest quarterly sales report highlights the challenges faced by companies in meeting demand for their products. Despite price cuts and strong demand, Tesla still produced more vehicles than it sold in the first quarter of this year. This lackluster performance raises questions about whether CEOs are truly committed to supporting gun control measures.

As Sonnenfeld noted, "They've jumped into the pool, where's everybody else?" It seems that corporate America is waiting for others to join them in advocating for change. Until then, their silence on gun control will continue to be deafening.
 
man this corporate america thing is wild 🀯 like they're all about being socially responsible but when it comes to something as serious as gun control they just shut down πŸ’” it's like they're waiting for someone else to take the lead, you know? and sonnenfeld's right, social capital is just as important as financial capital, but if they're not using their influence to push for change then what's the point? πŸ€‘

and honestly, i'm a bit disappointed in some of these big companies that are supposed to be leaders on this issue πŸ€” like lululemon and unilever, where were you guys when it mattered most? πŸ’ͺ we need more people speaking out on this and less silence from the corporate world πŸ—£οΈ
 
I'm still trying to figure out why big companies like Lululemon and Lyft are so quiet about gun control πŸ€”. They've been all over social media talking about voting rights and sustainability, but it's weird that they're not speaking up on this issue. Maybe it's because people don't think CEOs can actually make a difference? πŸ€‘ I mean, if they could just put their money where their mouth is, maybe some real change would happen πŸ’Έ
 
I'm so fed up with this... 🀯 Corporate America just can't seem to find its voice when it comes to something as important as gun control πŸ™…β€β™‚οΈ. I mean, come on, they've been saying all the right things for years - "gun violence is a public health crisis", "we need stricter regulations" πŸ’‘... but where's the action? It's like they're just waiting for someone else to take the lead and get them off the couch πŸ›‹οΈ. And don't even get me started on the whole "social capital" thing πŸ€‘... if that means CEOs are gonna wait around for others to do something, then I'm not buying it πŸ˜’. Can't they see how their silence is contributing to the problem? πŸ’”
 
omg this is so not cool πŸ€• the big corps are all like "oh we care about social issues" but when it comes down to actually doing something they're MIA πŸ’β€β™€οΈ like what happened in Nashville, it's like they're just waiting for everyone else to take action instead of being the change makers themselves πŸ™…β€β™‚οΈ i mean we've seen them all come together on voting rights and sustainability but gun control is a whole different story πŸ€” i think it's time for CEOs to step up their game and be more vocal about this issue πŸ—£οΈ
 
the latest mass shooting just shook me up 😩 so quiet from big corps on gun control its like theyre expecting others to take the lead meanwhile, i was hoping corporate america would start making some noise about this public health crisis πŸ€¦β€β™€οΈ its not like theyve been completely silent, but their lack of action now is really concerning πŸ’” im thinking maybe they just got complacent after all that noise around voting rights and sustainability? πŸ€‘ or maybe theyre waiting for others to take the lead so they dont look too weak πŸ’ͺ whatever the reason, it needs to change ASAP
 
I'm getting so frustrated with this one... corporations have all this cash and clout, but when it comes down to actually doing something about gun violence, they just disappear πŸ€·β€β™€οΈ. It's like they think someone else is gonna take the lead on this one? I mean, I get that social capital is important, but what's the point if we're not taking action? We need those CEOs with deep pockets using their influence to push for change, and right now, it feels like they're just waiting for others to do it πŸ€‘. It's all well and good when companies are vocal on voting rights or sustainability, but gun control is a totally different story altogether πŸ’Έ.
 
πŸ€” come on guys like Elon Musk and Jeff Bezos are all over social media talking about "making a difference" but when it comes down to actually doing something about gun violence they're MIA πŸ™…β€β™‚οΈ i mean what's the point of having all that money and influence if you're just gonna sit back and do nothing?
 
OMG 🀯 I'm like totally confused why top CEOs aren't speaking up more about gun control πŸ’” especially after they all called it a public health crisis last year πŸ“Š it's like they're waiting for others to lead the way πŸ‘₯ but honestly, can't they just use their influence and $$$ to make a difference already? πŸ’Έ I know some of them are doing some great work on other issues like sustainability and voting rights πŸŒŽπŸ—³οΈ so why the silence on gun control? πŸ€” it's like they're putting their heads in the sand 🌴
 
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