Environmental Protection and Value Creation

The managers of corporations can play a significant role to protect the natural environment. This study aims to examine the environmental disclosure of 200Shariah compliant companies for 2013 and the subsequent effect of such disclosure for the organizations. The results of content analyses of the annual reports revealed that managers from the Plantation industry disclosed more environmental information. The regression analysis revealed a significant relationship between environmental information provided and the subsequent value created for the organizations.  The findings of the study can help managers to position better their environmental strategy to enhance the overall value of their organizations.