Question: how would i answer this question? 1. Briefly read the Bloomberg news article Disney Cuts Iger's Future Pay by Millions Before Annual Meeting (https://www.bloomberg.comews/articles/2019-03-04/disney-cuts-iger-s-future- compensation-by-13-5-million-a-year).
1. Briefly read the Bloomberg news article "Disney Cuts Iger's Future Pay by Millions Before Annual Meeting" (https://www.bloomberg.comews/articles/2019-03-04/disney-cuts-iger-s-future- compensation-by-13-5-million-a-year). Disney's board has made the following adjustments in the CEO's pay: Iger's Compensation Disney's board cut tens of millions of potential future pay for the CEO Before Adjustment After March 4 Adjustment Base Salary $3.5M $3.OM Annual Incentive Bonus 20.0 120 Long-Term Incentive 25.0 20.0 Annual Target Compensation 48.5 35.0 Based on the information provided above, do you think the adjustment will better mitigate the agency conflict and why? (6 marks) 1. Briefly read the Bloomberg news article "Disney Cuts Iger's Future Pay by Millions Before Annual Meeting" (https://www.bloomberg.comews/articles/2019-03-04/disney-cuts-iger-s-future- compensation-by-13-5-million-a-year). Disney's board has made the following adjustments in the CEO's pay: Iger's Compensation Disney's board cut tens of millions of potential future pay for the CEO Before Adjustment After March 4 Adjustment Base Salary $3.5M $3.OM Annual Incentive Bonus 20.0 120 Long-Term Incentive 25.0 20.0 Annual Target Compensation 48.5 35.0 Based on the information provided above, do you think the adjustment will better mitigate the agency conflict and why? (6 marks)
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