This is indeed looking an awful lot like the Eastern Outdoor Sports Show. Of course, the big thing that tipped that over the edge was when the big guys started pulling out. What will the large, publicly traded gun companies do? Jim Shepherd takes a look at the issue:
If, for instance, you’re an officer in a public company, there’s a different set of rules that apply. Officers in publicly held companies have something that privately-held company managers don’t: a fiduciary responsibility to shareholders.
Simply stated, the job of officers in a publicly held company is to maximize value (profit and share price) for the company’s investors. Setting corporate values isn’t something that can be done purely as a matter of conscience. Cutting off a source of revenues-without a clearly stated company policy stating that course of action is asking for disgruntled shareholders to take legal action against you for damaging the company’s revenue streams.
Without betraying any confidences, those what-if conversations are being held at virtually every company in the industry. Frankly, some companies are at a loss as to a reasonable course of action. Others are irritated that there doesn’t seem to be a clear-cut course of action for anyone.
More on Jim’s article later, but this is a bigger issue than boycotting ESOS.