Corporate America's gun control silence is jarring after last week's mass shooting at a Nashville school.
In the past decade, large corporations have increasingly taken a stance on major social issues. In 2017, CEOs joined forces with politicians to oppose North Carolina's transgender bathroom law. A year later, they called for abortion bans to be "bad for business". Their collective voice was heard on several high-profile causes – including immigration reform and sustainability.
So, why are top executives mum now? Yale professor Jeffrey Sonnenfeld believes that the public has become complacent in expecting CEOs to lead the charge on social issues. The CEO's role is not to be a savior but to join the chorus of voices demanding change.
Sonnenfeld attributes the silence to corporate America having taken a strong stance, with many companies and executives having already voiced their opinions on gun control. Now they're waiting for others in civil society to take action as well.
Their frustration lies not in advocating themselves but in recognizing that social capital – the value of being part of a community – is equally valuable as financial capital. To genuinely make an impact, CEOs need the rest of civil society to join them.
Despite the widespread criticism of their influence on politics and policy-making, many top executives continue to be active voices on issues such as voting rights and sustainability.
However, the reality is that these companies cannot single-handedly solve the problems of gun violence or public trust. The lack of meaningful change suggests a growing disillusionment among corporate America with the current state of social affairs.
Their financial clout may not necessarily translate into campaign contributions – in fact, much less so since the 2020 elections and the January 6 Capitol riot.
In the past decade, large corporations have increasingly taken a stance on major social issues. In 2017, CEOs joined forces with politicians to oppose North Carolina's transgender bathroom law. A year later, they called for abortion bans to be "bad for business". Their collective voice was heard on several high-profile causes – including immigration reform and sustainability.
So, why are top executives mum now? Yale professor Jeffrey Sonnenfeld believes that the public has become complacent in expecting CEOs to lead the charge on social issues. The CEO's role is not to be a savior but to join the chorus of voices demanding change.
Sonnenfeld attributes the silence to corporate America having taken a strong stance, with many companies and executives having already voiced their opinions on gun control. Now they're waiting for others in civil society to take action as well.
Their frustration lies not in advocating themselves but in recognizing that social capital – the value of being part of a community – is equally valuable as financial capital. To genuinely make an impact, CEOs need the rest of civil society to join them.
Despite the widespread criticism of their influence on politics and policy-making, many top executives continue to be active voices on issues such as voting rights and sustainability.
However, the reality is that these companies cannot single-handedly solve the problems of gun violence or public trust. The lack of meaningful change suggests a growing disillusionment among corporate America with the current state of social affairs.
Their financial clout may not necessarily translate into campaign contributions – in fact, much less so since the 2020 elections and the January 6 Capitol riot.