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It's been 15 years since you graduated from Monash with a business degree. You are now one of the very successful business leaders in Australia

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It's been 15 years since you graduated from Monash with a business degree. You are now one of the very successful business leaders in Australia and recently appointed as a young director at BHP. Your job as a newly appointed member of a board of directors is to make sure agency issues are minimized in BHP. 15a) Upon inspecting the salary structure of managers, including CEO and CFO, you found that their cash salary is very high, but they do not own any stocks of BHP. Do you see this salary structure increasing or decreasing the agency issues at BHP and why

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