Reactions of stakeholders who do not feel that accounting provides serviceable information include: resignation and loyalty; voice; and exit.

1 Why are exit and voice of particular importance as strategies to support the development of environmental accounting?

2 From a business perspective, is incremental or radical change to conventional accounting systems, because of environmentally induced effects, most likely to be feasible? Give reasons for your answer. Would your answer be different if you were an environmentalist concerned about global warming or a regulatory agency responsible for encouraging sustainable development?