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Evolution of financial management within the small business community

   Glasgow School for Business and Society

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  Dr Stuart McChlery  No more applications being accepted  Funded PhD Project (Students Worldwide)

About the Project

Glasgow Caledonian University/ The Glasgow School for Business and Society

Project Reference Number: GSBS/2022/005

Supervisory Team:

Director of Studies: Name: Stuart McChlery

Email: [Email Address Removed]

GCU Research Online URL:

Second Supervsior: Name: Mark Johnson

Email: [Email Address Removed]

GCU Research Online URL:

Third Supervisor: Name: Konstantinos Ritos

Email: [Email Address Removed]

GCU Research Online URL:


The small business community is an integral part of global economies in both developed and developing countries. Both business failure and constraint on growth have impacted the sector. Numerous factors have contributed to this of which ineffective financial management is one. Research studies have considered various aspects of financial management within this sector. This study will differ from prior work by considering the changes in financial management as it affects a business over time through a longitudinal study. Critical phases within a small business’s life cycle are the initiation and immediate growth phases. The study will seek to follow a number of UK businesses from their commencement through their initial growth phases charting changes within financial management. This will cover financial management systems internally within the organisation, the relationship with the financial management profession externally and also the financial literacy and awareness of the business actors.

How to Apply 

This project is available as a 3 years full-time PhD study programme with expected start date of 1 October 2022 

Applicants should possess an honours degree (2:1 or above) and/or Masters degree in a related area of study, demonstrating sufficient evidence of academic/research ability in their chosen research area.  

Candidates are encouraged to contact the research supervisors for the project before applying. 

Candidates are required to submit a detailed proposal (of a maximum 2000 words) 

Applicants should apply for their preferred intake date using the full-time risk, accounting and finance  link via the Application Process page. 

 The closing date for applications is Wednesday the 11th May 2022.

Applicants shortlisted for the PhD project will be contacted for an interview within four weeks from the closing date.  

Please send any other enquires regarding your application to: [Email Address Removed] 

Funding Notes

A range of funded studentships and fees only scholarships are available to the best candidates. 
For students commencing their studies in 2022/23:
The studentship is worth £20,400 per year for three years. The studentship covers payment of tuition fees (£4,560 for Home/RUK students or £15,700 for EU/International students) plus an annual stipend of £15,840 for Home/RUK students or an annual scholarship of £4,700 for EU/International students.
EU/International candidates of outstanding calibre may be awarded a studentship of £31,540 per year for three years. The International Enhanced Scholarship covers payment of tuition fees (£15,700) plus an annual stipend of £15,840.
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