"Business Leaders Left Speechless After Latest Mass Shooting"
The United States has grown accustomed to the presence of corporate executives alongside politicians in Washington D.C., discussing geopolitics and policy. However, following a recent mass school shooting in Nashville, many big-name CEOs have noticeably remained silent on gun control legislation.
In 2017, top executives joined forces to oppose North Carolina's transgender bathroom law. The same year, they condemned abortion bans as detrimental to business. And in 2019, nearly 150 major companies called for the US Senate to pass legislation addressing gun violence, labeling it a "public health crisis."
But after the January 6 attack on the US Capitol and subsequent mass shootings, such as the Parkland high school shooting in 2018, Walmart's decision to end handgun ammunition sales, and most recently, the Nashville school shooting, corporate America has remained relatively quiet.
Yale professor Jeffrey Sonnenfeld, a vocal advocate for corporate social responsibility, says that top executives are frustrated. They've taken a strong stance on gun control but feel that others in civil society need to join them. CEOs want there to be social capital and public trust, but they're waiting for the rest of society to catch up.
Sonnenfeld attributes this complacency to the fact that CEOs have been vocal about their stances on various issues in the past, such as voting rights, immigration reform, and sustainability. While big business still donates to politicians, campaign contributions from corporations have decreased since the 2020 elections. Moreover, many businesses have had moratoriums or minimal donations following the January 6 attack on the US Capitol.
This phenomenon highlights the disconnect between corporate America's stated values and their actual actions. As Tesla CEO Elon Musk once said, "as long as you offer a product with value at an affordable price, you don't have to worry about demand." Yet, even with strong demand for some of Tesla's lower-priced vehicles, the company has struggled to meet sales expectations.
The silence from corporate America on gun control legislation serves as a stark reminder that their influence extends beyond financial capital. Social capital, too, plays a significant role in shaping public opinion and policy decisions. However, it appears that CEOs are waiting for others to join them in advocating for change.
The United States has grown accustomed to the presence of corporate executives alongside politicians in Washington D.C., discussing geopolitics and policy. However, following a recent mass school shooting in Nashville, many big-name CEOs have noticeably remained silent on gun control legislation.
In 2017, top executives joined forces to oppose North Carolina's transgender bathroom law. The same year, they condemned abortion bans as detrimental to business. And in 2019, nearly 150 major companies called for the US Senate to pass legislation addressing gun violence, labeling it a "public health crisis."
But after the January 6 attack on the US Capitol and subsequent mass shootings, such as the Parkland high school shooting in 2018, Walmart's decision to end handgun ammunition sales, and most recently, the Nashville school shooting, corporate America has remained relatively quiet.
Yale professor Jeffrey Sonnenfeld, a vocal advocate for corporate social responsibility, says that top executives are frustrated. They've taken a strong stance on gun control but feel that others in civil society need to join them. CEOs want there to be social capital and public trust, but they're waiting for the rest of society to catch up.
Sonnenfeld attributes this complacency to the fact that CEOs have been vocal about their stances on various issues in the past, such as voting rights, immigration reform, and sustainability. While big business still donates to politicians, campaign contributions from corporations have decreased since the 2020 elections. Moreover, many businesses have had moratoriums or minimal donations following the January 6 attack on the US Capitol.
This phenomenon highlights the disconnect between corporate America's stated values and their actual actions. As Tesla CEO Elon Musk once said, "as long as you offer a product with value at an affordable price, you don't have to worry about demand." Yet, even with strong demand for some of Tesla's lower-priced vehicles, the company has struggled to meet sales expectations.
The silence from corporate America on gun control legislation serves as a stark reminder that their influence extends beyond financial capital. Social capital, too, plays a significant role in shaping public opinion and policy decisions. However, it appears that CEOs are waiting for others to join them in advocating for change.