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You are a compensation committee chair of Woo & Bong corporation. You strongly believe that a manager of your company takes excessive risk at the

You are a compensation committee chair of Woo & Bong corporation. You strongly believe that a manager of your company takes excessive risk at the expense of debtholder, so you want to mitigate her excessive risk-taking. How can you change the manager's incentive, in terms of her compensation?

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