Which of the following actions would be likely to reduce potential conflicts of interest between stockholders and managers? Group of answer choices The CEO of a company is given all the decision-making power. A firm's compensation system is changed so that managers receive larger cash salaries but fewer long-term options to buy stock. The company changes a policy and now hiring relatives of directors and managers is allowed. The company's outside auditing firm is given a lucrative year-by-year consulting contract with the company. The board of directors' compensation is changed from a large salary and few stocks to a smaller fixed salary and more stocks.