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M&S chairman: Company law needs to catch up with the digital age

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The chairman of the department store chain says allowing more digital communication would promote shareholder engagement and see more shareholders holding businesses to account.

Please use Chrome browser for a more accessible video playerThe chairman of Marks and Spencer says company law is"stuck in a 40-year-old time warp" and needs to catch up with the digital age.

Speaking about company reports, he told Sky's Ian King Live programme that a lot of time and expense is involved in producing hard copies and then posting them to shareholders.

 

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I'd be more concerned with the M&S Chairman not understanding the value of the SM for trade & goods

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