Four out of five people believe directors of large companies cannot be trusted to tell the truth, while 78 per cent agreed that such directors are paid too much, according to a MORI poll commissioned by the Financial Times.
FT's lead story today.
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Distrust of top company directors is felt right across gender, age and social classes and in all parts of the country. Three-quarters of the highest social class do not trust directors of large companies. The negative image is more strongly felt among the middle-aged than the young.
Interestingly a majority welcome the Financial Services Authority, one of Gordon Brown's New Labour creations for managing capitalism through civil society.
This poll suggests the trend towards socially responsible monopoly finance captalism has further to go. Even the capitalist stratum does not trust its directors.
Chris Burford London
