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Paper Instructions:

Emmy’s Toys Ltd has recently expanded and started trading on the stock exchange. The business was previously a family owned company, and now the newly appointed chair intends to also act as chief executive of the company. Some members of the board have disagreed with this idea and want to offer a well-known business leader share-options in the company and a large salary to join the board and act as the chair.
Write a report to advise the company how the board should be structured and whether the salary package suggested for the chair is appropriate.