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6 marks) You are a researcher at International Investor Services (IIS). IIS conducts research into corporate governance and sells research reports to the investment community.

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6 marks) You are a researcher at International Investor Services (IIS). IIS conducts research into corporate governance and sells research reports to the investment community. You are researching one listed company called BlueTech. (a) You are writing a research report to propose decreasing the number of directors in BlueTech. Explain your answer using evidence found in the research. (3 marks) (b) You find that the CFO of BlueTech sold 100,000 shares of BlueTech two days before the announcement of its large-scale product callback. Explain how the CFO's activity may affect outside investors

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