NBAA Agrees with SEC Disclosure Proposal

Aviation International News » May 2006
September 18, 2006, 8:14 AM

NBAA’s response was one of more than 170 comments (mostly supportive) filed about the Securities and Exchange Commission (SEC) rulemaking proposal to require more detailed reporting of top executive compensation, including such perks as personal use of corporate aircraft. NBAA said it “agreed with the SEC’s assessment that the current standard of reporting perquisites and other personal benefits, aggregate incremental cost, is the proper valuation methodology. No other mechanism reports the true cost to the company of providing such benefits, which is the information that shareholders need to know.”

FILED UNDER: 
Share this...

Please Register

In order to leave comments you will now need to be a registered user. This change in policy is to protect our site from an increased number of spam comments. Additionally, in the near future you will be able to better manage your AIN subscriptions via this registration system. If you already have an account, click here to log in. Otherwise, click here to register.

 
X