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

Corporate leaders are growing weary of being expected to spearhead the fight for gun control. In recent months, several prominent companies have made little to no public statements on the issue following the latest mass shooting in Nashville.

In 2019 and again this summer, nearly 150 major corporations, including major brands like Lululemon, Lyft, and Unilever, called gun violence a "public health crisis" and demanded action from lawmakers. However, since the latest school shooting, there has been an eerie silence from corporate America on this critical issue.

Jeffrey Sonnenfeld, a professor at Yale School of Management and CEO advocacy expert, attributes the lack of public statements to the expectation that CEOs can single-handedly push for change. "They've joined causes with valor and nobility," he says, but now many are questioning whether they're being called upon to be saviors on every topic.

Sonnenfeld suggests that corporate leaders recognize the need for social capital, or the value of public trust, which is as valuable as financial capital. However, without the support of civil society, CEOs feel frustrated and uncertain about their ability to effect meaningful change.

One potential explanation for this silence is the misconception that CEOs wield significant influence over politicians through campaign contributions. While large corporations do donate to politicians, much less of this funding has come from big business since the 2020 elections. In reality, many businesses have either imposed official moratoriums on campaign contributions or given mere pennies to politicians.

Tesla's latest sales figures highlight the disconnect between corporate leaders' expectations and actual demand for their products. Despite price cuts and claims of strong demand, Tesla produced more vehicles than it sold in the first quarter, a trend that has repeated itself for four consecutive quarters.

Sonnenfeld points out that the surge in production at new factories may be offset by delays in sales, which could explain some of this discrepancy. However, with over 78,000 more cars produced than sold in the last year alone, it seems unlikely that corporate leaders can simply wave their CEOs' wands to drive demand for their products.

Ultimately, it appears that while CEOs recognize the value of social capital and public trust, they're still waiting for others to join them in advocating for gun control and other critical issues. Without the support of civil society, corporate America's leadership may be unable to make a meaningful impact on these pressing problems.
 
I gotta say, it's kinda weird that all these big corporations are super silent about gun control now πŸ€”. Like, they were totally on board with calling out mass shootings as a public health crisis last year πŸ“Š. Now, suddenly, nobody's talking about it? It's like they're expecting everyone else to just step up and be the ones pushing for change πŸ’ͺ.

I mean, I get it, CEOs might feel frustrated if people think they can just use their social capital to make a difference on every single issue πŸ€·β€β™‚οΈ. But gun control isn't some pie-in-the-sky thing, you know? It's real life and death stuff πŸ’”. And if corporate America can't be bothered to stand up for it, who will? 😐
 
corporations have been making moves left and right but when it comes to actually taking action on important stuff like gun control they're just chillin πŸ€·β€β™‚οΈ. I mean I get why some CEOs are hesitant to speak up, all that 'social capital' talk makes sense, but you'd think they'd be more invested in the future of our country than just their bottom line πŸ’Έ. And let's be real, with companies like Tesla barely breaking even despite all the hype, it's hard not to wonder if corporate leaders are just waiting for someone else to take the reins πŸš—.
 
OMG u no wot? πŸ€” corporations r gettin soo silennt about gun control πŸŽ―πŸ˜• its like dey think dey can single handidly change laws and stuf πŸ€·β€β™€οΈ. but honestly, CEOs r just human beings too 😊 and dey need deir own civil society to support dem 🌟. and let's be real, most of dem dont even have dat kinda influence over politicians πŸ€‘πŸ’Έ they think dey can just wave their CEO wandz and make laws change πŸ’«, but its not that easy πŸ€¦β€β™€οΈ. dey need ppl on deir side to make some noise πŸ—£οΈ and start demanding changes πŸ”„
 
corporations are all about profit πŸ’Έ not changing the world 🌎 so when it comes to gun control or climate change they're like "not my problem" πŸ™…β€β™‚οΈ meanwhile the rest of us have to deal with the consequences πŸ‘€ like school shootings or wildfires πŸš’ and it's just not cool that they're not using their influence to make a difference πŸ€·β€β™€οΈ
 
πŸ€”πŸ’Έ I think big corps r gettin tired of being told 2 save da world πŸ’–πŸŒŽ. They wanna focus on makin that $$$ πŸ€‘ but feel like they can't wade through all da noise & drama πŸ—£οΈ. CEO's r human too πŸ‘₯, not superheroes! πŸ¦Έβ€β™‚οΈ. Social capital is real 🀝, but so is financial reality πŸ’Έ. When ur profits r slippin πŸ“‰, it's hard 2 justify investin in gun control or other causes πŸ€·β€β™€οΈ. What's the ROI on savin lives? πŸ’Έ
 
I'm tellin' ya, it's like everyone's lost their minds 🀯! Companies that were all about speakin' out against gun violence just as quiet as mice 🐭. I mean, what happened? They must've figured out that bein' a "social cause" isn't as easy as they thought πŸ™ƒ. Now they're only talkin' when it's convenient for 'em to do so. It's like they're thinkin', "Hey, we'll show some love for gun control in 2025... maybe"... meanwhile, the system's still broke 🚧. I remember when companies were all about bein' responsible and takin' a stand on issues like this πŸ’ͺ. Nowadays, it feels like nobody's in charge πŸ˜….
 
I'm like totally confused about this whole thing πŸ˜•. I get why companies are feeling frustrated - they're not getting the recognition or support they thought they'd get from lawmakers and the public. But at the same time, can't they just be honest with themselves and say "hey, we care about this issue" even if it's not gonna change anything overnight? πŸ€”

It feels like there's a huge disconnect between what corporate leaders think they're achieving by making these public statements and actually making a difference. They're putting so much pressure on themselves to be saviors of society, but really, it's just not that easy πŸ™„.

I also think it's kinda sad that people are already getting tired of waiting for companies to take a stand on gun control and other important issues. Can't we all just work together to make things better? πŸ’• It feels like everyone's just standing around waiting for someone else to make the first move, instead of actually doing something themselves πŸ€·β€β™€οΈ.

And honestly, it makes me wonder if companies are even making a difference in people's lives, or if they're just feeling good about having made some public statement πŸ€”. Like, have you seen Tesla's sales figures? It's like they're producing cars left and right, but nobody's actually buying them πŸ’Έ. Maybe corporate America needs to take a step back and figure out what's really going on here πŸš€.
 
I feel kinda disappointed, but also not surprised, about the lack of public statements from big corps on gun control πŸ€”. I mean, companies have been all over social media about it, but when it comes down to actually doing something, they're MIA πŸ’Έ. Maybe it's because people think CEOs can just magic up change with a tweet or something? πŸ˜‚ But seriously, if corporate leaders are really concerned about being seen as saviors on every topic, then they need to get real about the value of social capital and work together with civil society 🀝.

It's also kinda weird that we're still holding out for big business to solve our problems like gun control. Don't get me wrong, I love a good underdog story, but companies can only do so much without public support 🚫. Maybe it's time for us to step up and demand change ourselves? πŸ™Œ After all, if 78,000 more cars are made than sold in one year, that's like, a whole lotta production with not enough demand πŸ“Š. We need people from all walks of life working together on these issues, not just CEOs waving their arms πŸ’ͺ.
 
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