Making managerial pay contingent on measures of managerial and/or firm performance motivates them to deliver good performance for shareholders. However, it also burdens them with greater risks than they may like. How do organisations balance these two considerations when choosing managerial pay and performance measures Obtain the remuneration report for a publicly listed company compensation contract for the chief executive officer (CEO). Prepare a report which summarises your findings relating to the following issues (a) What amount is short-term in nature (salary and cash bonus) and what is based on . Examine the (b) What proportion of the CEO's pay is performance based, and what proportion is (c) What measures of accounting performance are used to determine the CEOs (d) Given the accounting firm performance measures in the contract, what accounting (e) Can agency theory provide an explanation for the various remuneration long-term firm or managerial performance? not? bonus? decisions could the CEO might make in order to maximise their bonus? components? Justify your