XSL:VALUE-OF

I have a template say, columnHeader which i am calling as below in a xsl:

<xsl:call-template name="columnHeader">
<xsl:with-param name="value">&lt;a id="frameLoader"
href="javascript:void(0);" onclick="javascript:<xsl:value-of
select="$gridName"/>.expandAllTreeRows(this);"&gt;+&lt;/a&gt;</xsl:with-param>
</xsl:call-template>

Inside the template apart from other stuff, i print the value using
xsl:value as below:

<xsl:value-of select="$value"/>

This code was working fine before migrating to Xalan 2.7.1. But, once i
moved to Xalan 2.7.1, text in the value variable is getting printed as
normal text, it's not being treated as html and hence not being rendered as
a href in the browser. Instead i get something like  javascript:void(0); + 
as plaint text.

Please suggest.
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