Emailing is a very limited way of doing collaboration, it spreads more copies of the same data around in multiple different versions. People can't work on the same specific document at the same time, if you edit it and I edit it then we have to manually recombine our changes. How do you then make sure everyone else is looking at the most recent version, email it again? Manual version control? All technically possible to achieve, but not in a way that's particularly efficient.
Ideally you want one version of the truth which has shared access to anyone who needs it, where updates are visible to all other users immediately and it's clear what the latest version of that truth is. Then add in other features like the ability to audit who accessed that document and when, simple backup, one-click DR, ability to revoke access to certain users, if you really want then ability to constraint printing/emailing of documents (within limits).