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Leadership Styles And Company Performance: The Experience Of Owner-Managers Of Smes, Palli Mulla K A Chandrakumara, Anura De Zoysa, Athula S. Manawaduge

Anil Chandrakumara

Leadership styles of owner-managers were explored in the context of a developingcountry in South Asia with a view to examining their impact on financial performanceof SMEs. It was justified that the study has both theoretical and contextualsignificance. Data were collected from 204 companies in Sri Lanka by adopting mixedmethodologies that consisted of both qualitative and qualitative approaches.Descriptive statistics and correlation coefficient were used in the analysis. The findingsrevealed that the existence of three main leadership styles in the sample, namely;entrepreneurial, managerial, and mix of both entrepreneurial and managerialleaderships. The analysis indicated that 60 percent of firms had increased financialperformance, while …