In the UK, over 5 million businesses are family-owned, representing approximately 86% of the total companies. Undoubtedly, family businesses are contributing to the nation’s GDP compared to non-family-owned businesses. A significant amount of these family-owned businesses are small and medium-sized.
This PhD project aims to deliver rich theoretical contributions and meaningful implications to the family business leaders in cultivating certain leadership styles/behaviours to knack firm-specific dynamic capabilities that are pivotal in current times to navigate exogenous shocks globally. As the outrages of exogenous shocks (e.g. COVID) on small and medium-sized firms are much higher compared to the larger firms, therefore, meaningful and feasible leadership is required to harvest by these family-firm leaders to develop the specific capabilities that are urgently needed. Because the opportunity cost is higher for small and medium-sized firms as they do not enjoy the luxury of abundant resources and capital, therefore, required to pour recourses very cautiously. A little bit of inadvertence by the family business leaders in those small and medium-sized firms can cause fatal results and eventually question the survival of the firms.
Aim of the project:
This PhD research project aims to investigate the type of leadership styles/behaviours of family-firm leaders and their impact on firm-specific dynamic capabilities that are required to complement the international growth continuum of the firm.
Methodology:
Quantitative study: a time-lagged survey on data from family firms.
Eligibility
To apply for a self-funded PhD, you will need to meet our entry requirements and provide:
1. fully completed Sheffield Hallam University application form
2. research proposal (4-6 sides of A4 in length).
3. transcript of marks from your highest qualification (we require a dissertation mark of 60+).
4. copy of your award certificates
5. two references, one ideally from an academic source. References must be supplied as recent letters on headed notepaper or on the reference section on the University's application form.
6. Where English is not your first language, we require evidence of your English language ability to the following minimum level of proficiency. A current IELTS score of 7.0 overall (with all component marks of 7.0 or higher and preferably Academic IELTS); or a current TOEFL test with an overall score of 100 internet based (with a minimum component score of 23 in listening and reading, 26 in writing and 22 in speaking) or recognised equivalent testing system. Your test score must be within the last two years.
Information on entry requirements, tuition fees and other costs can be found here https://www.shu.ac.uk/courses/business-and-management/phd-sheffield-business-school-management-finance-service-sector/full-time
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