The vast majority of financial directors disapprove of influence-peddling by lobbyists.
Of the 200 FDs questioned for The Big Question survey, conducted by Accountancy Age and Reed Accountancy Personnel, 90% said organisations should not be allowed to buy influence in government.
The respondents, quizzed in the wake of the recent lobbying scandal which KPMG was sucked into, divided into two camps: idealists and cynics.
Peter Clark, FD of London-based Conrad Advertising, was typical of the former.
?Parliament is elected by the people for the people and not to represent the interests of commercial concerns,? said Clark. ?Private money should never buy public influence.?
The main objection to cash-for-influence, explained Keith Ross, FD of South-end aerospace manufacturer Ipeco, was that ?those with the biggest pockets would win the most influence.?
Duncan Syers, FD of Leeds-based property and investment company Town Centre Securities, said lobbying should be left to industrial organisations.
But Edward Dodd, FD of Jegs Electrical in Southend, said: ?All politicians are as bad as each other and the Labour government has proved that this week.?
The second largest improvement in ‘significant’ levels of financial distress since the EU Referendum was in professional services, found research from Begbies Traynor
Just one half of UK practices have implemented a pricing structure around auto enrolment implementation and advice - with many suffering increased costs
Deloitte's north-west Europe foray; BDO, Smith & Williamson investment paths; Shelley Stock Hutter; and Wilkins Kennedy discussed by editor Kevin Reed on our Friday Afternoon Live broadcast
Accountants should alter their perspective on auto-enrolment to maximise business opportunities, according to Eric Clapton.