This study is designed to estimate impact of green banking disclosure, corporate governance mechanism on performance of listed banks in selected SAARC countries including Pakistan, India, Bangladesh, Sri Lanka and Nepal. With the help of STATA 14.2 this study used PCA (Principal Component Analysis) in addition to content analysis to create green banking disclosure index .For this purpose, central bank’s green banking guidelines are summarized into7 categories and 38 items. Dynamic panel data set (2010-2019) is analyzed by applying system GMM step-one method. The relationships among board independence, board size, female director, institutional ownership, green banking and Tobin’s Q (market value) as performance measure is tested. Institutional ownership and board independence has significant negative impact on market value, green banking does not have any significant impact on market value. On average disclosure practices are different in different categories. Effectiveness of central bank guidelines can be identified at regional level. Results are suggestive that corporate governance mechanism restructuring is needed to increase market value of banks in SAARC countries. To the best of author’s knowledge, this is the very first study which methodologically contributes in the field of green banking disclosure as application of PCA and System GMM step-one. Contextually, one of the most affected area facing higher climate change risk as SAARC region of the world is discussed. Theoretically, study contributes in the theory of change, financial intermediation and agency theory.

The intention of this research is to develop a measure by which non-financial service performance of Islamic banks can be analyzed. Research methodology comprises of qualitative and quantitative phase. Simple random sampling has been applied to select Islamic banks branches from Multan. In qualitative phase through purposive sampling 10 in depth interviewees were conducted from managerial employees with the help of interviewee guide and scale items were generated to explore non-financial service performance elements. A questionnaire was developed and self-administered questionnaire based survey was performed in quantitative phase. Out of 150 distributed questionnaire 111 complete responses were received and analyzed by applying exploratory and conformity factor analysis with the help of software Smart-PLS. Findings of the study suggests that key performance indicators of Islamic banks are non-financial in nature .Scale contained 40 items. Total 6 factors with Eigenvalues > 1 containing 40 items with factor loading >.7 were extracted and total variance explained was 80%. Variance explained by each factor is as follows 1.Marketin and Sharia board performance, (15items 29.9%)2 Training(7items12.78%), 3.Corporate social responsibility(5items 11.43%) 4.Operational performance(5 items 9.6% VA), 5.Management commitment(4 items and 9.0% VA)and 6.Employee commitment (4 items and 7.16% VA). This research in the form of the scale provides a detail, reliable measure by which non-financial performance of Islamic banking can be comparatively analyzed at bank and branch level. Future corners of improvements can be identified which will result in increasing customer satisfaction, employee satisfaction and service quality improvements.