US Companies Remain Mum on Gun Control Amid Mass Shootings
In the aftermath of yet another mass school shooting in Nashville, it's jarring to see corporate America fall silent on gun control. For years, large companies have used their collective voice to push for stricter regulations and advocate for legislation that would reduce gun violence. However, when it comes to recent high-profile shootings, many CEOs seem reluctant to weigh in.
The issue is not new; the US has seen an uptick in mass shootings since 2018, with several schools and public spaces becoming victims of such tragedies. Yet, despite this escalating crisis, corporate leaders who once called gun violence a "public health crisis" remain tight-lipped on their stance.
Jeffrey Sonnenfeld, a Yale professor and expert on corporate social responsibility, notes that CEOs are frustrated by the lack of collective action. They've been vocal on other issues but feel they can't solve all problems alone, he says.
However, it's often assumed that large companies hold significant sway over campaign contributions to politicians. Yet, since the 2020 US presidential elections, less money has flowed from big business to politicians, particularly in the wake of January's storming of the Capitol. Since then, many businesses have either halted their donations or significantly scaled back their funding.
Tesla CEO Elon Musk said, "Early this year, we had a price adjustment. After that, we actually generated a huge demand, more than we can produce." Despite Tesla reporting only modest sales increases in its latest quarter, with production outpacing delivery, there seems to be some disconnect between the company's words and numbers.
It appears corporate America has reached a turning point on this critical issue, where once vocal advocates now seem reluctant to speak out.
In the aftermath of yet another mass school shooting in Nashville, it's jarring to see corporate America fall silent on gun control. For years, large companies have used their collective voice to push for stricter regulations and advocate for legislation that would reduce gun violence. However, when it comes to recent high-profile shootings, many CEOs seem reluctant to weigh in.
The issue is not new; the US has seen an uptick in mass shootings since 2018, with several schools and public spaces becoming victims of such tragedies. Yet, despite this escalating crisis, corporate leaders who once called gun violence a "public health crisis" remain tight-lipped on their stance.
Jeffrey Sonnenfeld, a Yale professor and expert on corporate social responsibility, notes that CEOs are frustrated by the lack of collective action. They've been vocal on other issues but feel they can't solve all problems alone, he says.
However, it's often assumed that large companies hold significant sway over campaign contributions to politicians. Yet, since the 2020 US presidential elections, less money has flowed from big business to politicians, particularly in the wake of January's storming of the Capitol. Since then, many businesses have either halted their donations or significantly scaled back their funding.
Tesla CEO Elon Musk said, "Early this year, we had a price adjustment. After that, we actually generated a huge demand, more than we can produce." Despite Tesla reporting only modest sales increases in its latest quarter, with production outpacing delivery, there seems to be some disconnect between the company's words and numbers.
It appears corporate America has reached a turning point on this critical issue, where once vocal advocates now seem reluctant to speak out.