This study contributes to emerging research on entrepreneurial philanthropy. It explores the philanthropy of owner-managers of small and medium-sized enterprises (SMEs) and investigates whether and why more entrepreneurially oriented (EO) SMEs are also more likely to be philanthropic. We find...

We argue that more dynamic small and medium-sized enterprises (SMEs) – i.e. those that are more entrepreneurially oriented, internationalized and high-performing - are also more likely to engage in philanthropy. Dynamic SMEs “stand out” and thus have a greater need to build legitimacy with...