Is an executive bringing their spouse or partner to a business dinner a perk?

For purposes of the proxy statement filed with the SEC, is an executive bringing their spouse or partner to a business dinner a perk?

It depends upon how much risk the company wants to take on.

This is a tough one – companies definitely have different approaches to how they handle this. Practice varies quite a bit.

It’s similar to the client entertainment scenario, taking a client to the ballgame – this kind of thing is considered standard operating procedure in business.

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