The Walt Disney Company's embrace of radical transgender activism largely is influenced not by disgruntled and activist employees but by the entertainment giant's biggest investors, contends entrepreneur and political commentator Vivek Ramaswamy.

The author of 2011 New York Times bestseller "Woke, Inc.: Inside Corporate America's Social Justice Scam" explained in a Fox News interview what he believes prompted Disney CEO Bob Chapek to speak out against Florida's parental rights legislation, which was mischaracterized by opponents as the "Don't Say Gay" bill. The law bans teachers from giving classroom instruction on "sexual orientation" or "gender identity" in kindergarten through third grade.