Interaction Effect of Board Attributes on the Relationship between Environmental Disclosure and Market Value: Evidence from Listed manufacturing Firms in Nigeria.

This research work assessed the interacting effect of board attributes on the relationship between environmental disclosure and market value. The study made use of secondary data from the published annual reports and accounts of selected quoted manufacturing companies in Nigeria. The study made use of forty five (45) manufacturing quoted on the Nigerian Exchange Group (NGX) for ten (10) years covering the period 2013-2022. The study was anchored on the Legitimacy theory. Descriptive statistics and regression techniques were used to carry out data analysis. The result of the study indicated that there is a negative and insignificant relationship between environmental disclosure and market value and further revealed that board attributes significantly moderates the relationship between environmental disclosure and market value of the selected manufacturing companies listed on the NGX. The study recommends that varied board of directors with an understanding of the markets will promote creativity, decision-making, innovativeness, enhanced evaluation of additional alternatives that will boosted market value.