2007 is the first year that companies must divulge in their annual proxy statements all of the lavish perquisites they offer their highest-paid executives—ranging from the personal use of corporate aircrafts, helicopters, and cars to company-paid country club memberships and home alarm systems. And according to a Compliance Week analysis of the perks offered by 250 large companies included in the S&P 500, such spending is way, way up.

Jaclyn Jaeger is a freelance contributor to Compliance Week after working for the company for 15 years. She writes on a wide variety of topics, including ethics and compliance, risk management, legal,...