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.
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.