Summary
U.S. companies reported spending almost three times as much on chief executive officers' personal use of corporate jets last year than they did before the U.S. Securities and Exchange Commission tightened rules for disclosing managers' pay, according to a new study.
Average costs for personal travel using corporate aircraft were almost $250,000 in fiscal 2006, up from less than $90,000 in 2004, the Corporate Library said in the report released today.See the full content of this document
Extract
Execs' Personal Jet Use
The SEC last year b...
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