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I DO not understand why companies and corporations are still spending so much on printing and distributing hard copies of Annual Reports.
Even after opting for brief statements, or no hard copies to be sent to me, I still receive full reports from most of them. To be frank, I only scan through certain pages, before disposing of or putting them away. Most are printed on high-quality paper and they are really a waste. With this Internet age, and where almost everyone has a PC or access to a PC, I do not see why investors do not make use of it to gather information on company profiles.
Imagine how much of our nature and the environment are saved if such circulation is scaled down significantly. Moreover, the savings derived from reducing such printing will surely pass back to the investors in the form of more dividends and/or bonuses.
Tham Swee Weng
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