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

Corporate Giants Silent on Gun Control Amid Growing Relyance on CEOs for Advocacy

The US has grown accustomed to big business leaders convening in Washington D.C. alongside politicians to discuss pressing issues like geopolitics and policy. This trend, however, has become jarring given the recent silence from top corporate executives on gun control.

In 2017, major CEOs came together to oppose North Carolina's transgender bathroom law, while in 2019, they called abortion bans "bad for business." A year later, after mass shootings at a Walmart and a nightclub, Walmart ended handgun ammunition sales. Nearly 150 major companies, including Lululemon and Unilever, have also called gun violence a "public health crisis" and demanded legislation to address it.

The nation's CEOs are waiting for civil society to join them in advocating for change, but instead of being proactive, they seem complacent. Yale professor Jeffrey Sonnenfeld, a vocal advocate for corporate social responsibility, attributes this feeling of helplessness among top executives to the fact that they've taken a strong stance on gun control and gone beyond public opinion.

However, what's often perceived as CEOs controlling campaign contributions is largely incorrect. Since the 2020 elections, less funding has come from big business, and since the 2021 US Capitol run, many companies have either put an official moratorium or donated mere pennies to politicians.

Despite this, Tesla CEO Elon Musk claims that demand for his lower-priced vehicles is strong despite a series of price cuts. However, the company's sales figures suggest otherwise. In the first quarter, Tesla reported a modest 4% rise in sales compared to last year, with the company producing more vehicles than it has delivered to customers for four straight quarters.

Sonnenfeld points out that social capital is as valuable as financial capital and that CEOs want there to be public trust. However, he believes that the rest of civil society needs to join them in advocating for change. The nation's CEOs are waiting for others to take action, making their silence on gun control all the more jarring.

The trend highlights the growing reliance on corporate America as a force for advocacy and social change. While CEOs have long been vocal on various issues, including voting rights, immigration reform, and sustainability, their silence on gun control has raised questions about their ability to push for meaningful legislation.
 
idk why these big corporations think they can just wait around for others to make a move on the gun control front 🤔. it's like they're trying to play it cool but at the same time, still wanting that social capital 💼. newsflash: if you wanna actually make an impact, you gotta put your money (and resources) where your mouth is 🤑. otherwise, you're just gonna be seen as just another voice in the noise 📢. and btw, what's with all this "we want public trust" vibe? can't they just take a stand like they do on other issues? 🤷‍♂️ it's starting to feel like they're just more concerned with saving face than actually doing some real good 💯.
 
I'm so puzzled by this news 🤔. I mean, these corporate giants are basically huge, but they're not using their massive influence to speak out against gun violence? It's crazy! They've done it before on issues like LGBTQ+ rights and abortion, but now it seems like they're just waiting for the rest of us to step up 🚶‍♂️. And yeah, I totally get that social capital is valuable, but come on, CEOs have a responsibility to use their power to make a real difference 💪. Maybe it's time for them to stop relying on the assumption that we'll all join in and take action? We need to see some leadership from these big companies, not just empty rhetoric 🗣️.
 
I'm low-key thinking that these big corporations are more worried about their brand image than actually doing something concrete about gun control 🤑. I mean, they're all like "oh we care about the issue" but it's just not translating into real action. And yeah, Elon Musk is a total hypocrite if you ask me - his sales figures don't add up to all that enthusiasm for affordable vehicles 💸. It's like they want everyone to think they're socially responsible but in reality, they're just trying to stay on the right side of the law and avoid any potential backlash 🙅‍♂️. The thing is, if they really wanted to make a difference, they'd be leading the charge on this issue, not waiting for everyone else to get on board 👏.
 
seems like big corps r waitin 4 civil society 2 step up & demand change 🤔 but meanwhile CEOs got the public's trust n they're usin it 2 further their own interests 💸 if they wanna make a difference, they need 2 lead by example n use their influence 2 push 4 real change 🚀
 
I'm kinda confused, you know? They're all like "hey guys, let's talk about this" but then they just sit there while people are dying 🤔. I get that CEOs want to be seen as doing the right thing and all, but come on, it's gun control we're talking about here! 💀 It's not like they're waiting for us to take the lead or something... they just need to step up already 🙄. And btw, what's with this "social capital" thing? Can't they just use their platforms for good instead of waiting for others to join in? 📢
 
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