agency relationships $/$ corp governance

Rochelle Dixon is delivering a presentation on best practices for corporate governance. Two of her recommendations are as follows:

Statement $1$: To avoid the potential for harming shareholders' interests by wasting company resources, the Board of Directors should get management's approval before it hires outside consultants.

Statement $2$: The more members a Board of Directors has, the more likely it is to represent shareholders' interests fairly.

Are Dixon's statements CORRECT?

Statement $1$ is correct and statement $2$ is incorrect.

Both the statements are correct.

Both the statements are incorrect.