The existing British partnership literature is notoriously polarised. Two main streams of research have emerged. Early empirical work focused upon trade union representative capacity outcomes, in other words does partnership represent a threat or opportunity to the beleaguered trade union movement. Many of the conclusions have been negative, suggesting that partnership is a dangerous strategy for trade unions. More recent empirical work has focused upon the extent to which partnership offers mutual gains outcomes to employers, trade unions and employees. While much of the research has been pessimistic, various typologies of partnership have emerged, suggesting a variety of possible outcomes. However, despite the abundance of literature, three particular limitations are noteworthy. Firstly, few studies consider how partnership plays out in different contexts. Secondly, little attention has been given to understanding more about the process of partnership. Thirdly, there are limitations to the way outcomes have been assessed. Crude use of labour outcomes, such as job losses or pay levels may tell us nothing about the quality of employment relations. Accordingly, the study has five main objectives. Firstly, partnership is explored in a variety of organisational contexts. Secondly, particular attention is paid to what partnership means to organisational actors. Thirdly, the study focuses upon two indicators of partnership process: the nature of relationships between actors, and the way issues are handled and decisions are made. Indeed, it is argued that one cannot fully understand the outcomes without exploring both process and context. Fourthly, outcomes for management, unions and employees are explored, as well as wider societal goals. Finally, the study considers some of the main challenges to partnership in the UK. Given the nature of the research questions, qualitative methods were thought to be most appropriate. In particular, a case study research design was employed focusing on three organisations in the thriving financial service sector, thus offering a very different context to traditional IR - and partnership – research in manufacturing and public services. The study also offers insights into partnership in both union and non-union firms. The bulk of the data was obtained through semi-structured interviews with a range of managers, representatives and employees in each organisation, as well as interviews with trade union officials. This was supplemented by documentary analysis and non-participant observation. Thus, the thesis makes several important contributions. Firstly, it offers fresh empirical evidence into partnership working in the UK, drawn from a variety of contexts within the internationally important financial service sector. Since the outcomes of partnership are difficult to measure the study also considers issues of process which are overlooked in the existing research. Actor relationships and bargaining explored in relation to models of integrative and distributive bargaining as proposed by Walton and McKersie (1965). Decision making processes are also explored by developing the analytical framework proposed by Budd (2004), which has not been widely employed in British industrial relations research. The thesis therefore offers a different way of evaluating the outcomes of partnership for various stakeholders, and avoids conflating union attitudes with employee opinions. In this way, the research transcends the recent advocates/critics stalemate in the literature.

Following the financial crisis that began in 2007, various groups and individuals demanded an ecologically diverse banking sector to help spread risk in the banking industry and to more effectively cater to customer needs. To date, however, measures to change retail banking have been limited to modest structural and incentive adjustments to boost competition and modify the banking culture which prompts an investigation about the nature of the ethical banking sector and its ability to grow and thrive. The lack of progress in reforming banking in the UK raises questions of whether and how we could encourage and sustain ethical, social and non-profit alternatives to current high street banks. Because prior academic research in ethical has been limited, the research aims to fill gaps with regards to understanding the network established between ethical banks their business models and to identify the type of intervention needed to promote ethical banking as an alternative to established mainstream retail banking.The research presented in this thesis investigates how the ethical banking sector is embedded in the UK financial services industry and draws out political-economic dynamics that facilitate as well as hinder the development of the sector. To this end, the thesis develops a conceptual framework that draws on literatures on industrial districts and embeddedness. The thesis also models and analyses the ethical banking network using social network analysis, before developing an understanding of ethical banks’ business models and how the sector is organised within the banking industry. Data on the banks’ relationships with other organisations were gathered through questionnaires, and interviews were conducted with respondent firms to explore ethical banking as a sector from the perspective of ethical banks themselves. In addition, company, industry and legislative publications have been analysed to add context and validate findings.At the broadest level, the results draw a picture of ethical banking as a diverse but disorganised subsector which is dominated by two players and lacks prospects to develop into an alternative banking sector that could compete with the full banking services offered by high street competition. Only if the sector manages to reorganise itself internally with support from external players could it form a more coherent and centralised subsector with a clear and shared understanding as to what its ambitions are. Thus the research highlights the potential of ethical banking which is expanding rapidly, but, at the same time, the research also raises the difficulties in developing ethical banking as a sector which retains its distinctiveness from high street banks. In sum, the research findings are in line with current ambitions to develop and promote a more diverse and sustainable UK banking industry: ethical banks should receive more attention from policy makers as they are a set of diverse actors that has grown significantly since the beginning of the financial crisis and, could if strengthened, contribute to developing a stronger retail banking sector more responsive to customer needs. Government efforts to reorganise banking should include developing ethical banking as an alternative to Plc retail banks which would change competition by increasing consumer choice instead of creating yet more large scale banks.

The thesis investigates the nature of the relationship between the banking sector depth and long-term economic growth in the Gulf Cooperation Council (GCC) States, assesses the banking sector development status in each of the States, and underlines the policy implications in the light of the banking-growth nexus and the banking development benchmarking models’ findings for the region by undertaking three projects. The thesis examines the nature of the relationship between banking sector depth and long-term economic growth in the NRBC—as a proxy for the GCC States— vis-à-vis the rest of the world countries. For the empirical investigation, a dynamic panel data approach, i.e. Generalised Method of Moments (GMM), is adopted over the period 1961 to 2013. By utilising mixed effects and System GMM frameworks, the research identifies the countries with the strongest banking-growth relationships and establishes the banking sector development determinants in those countries. Employing a novel benchmarking process, the thesis assesses the status of the banking sector development in each of the GCC member countries and simulates the change in the banking sector depth across the Gulf region over a period of ten years to highlight the potential policy implications for the sector development. The findings of the thesis suggest that the relationship between banking sector depth and long-term economic growth in the NRBC is non-linear, where the relationship between the banking sector depth and economic growth turns from positive to negative beyond certain levels of sector depth. In comparison to other countries, the results indicate that the banking-growth nexus in the NRBC exhibits a smaller total effect magnitude as well as a shorter time between the change in the sector depth and its effect on economic growth. The benchmarking of the banking sectors in the GCC region suggests that in five of the six member countries the banking sectors are underdeveloped. The simulation results predict that the banking sectors will develop further in half of the countries in the region, given their current levels of banking sector development determinants, while two countries require reforms in terms of undertaking regulations and policies to avoid seeing their sector development levels deteriorate. The thesis contributes to theory by confirming findings in the literature and expanding the body of knowledge through novel findings. This research also contributes to policy by demonstrating the significance of the banking sector development for long-term economic growth in the NRBC, providing policymakers in the Gulf States with the status of their banking sectors, and underlining the banking sector depth determinants that ought to be considered when setting regulations and policies that are aimed at developing the banking sector further.