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- W2082631284 abstract "This article explores the philanthropy of owner–managers of small- and medium-sized enterprises (SMEs) investigating whether and why more entrepreneurially oriented SMEs are also more likely to engage in philanthropic activities. We find support for a positive link between entrepreneurial orientation (EO) and philanthropy in a representative sample of 270 Lithuanian SMEs controlling for alternative explanations. We highlight that philanthropy is relatively common among SME owner–managers and thus complement existing research which views philanthropy as sequentially following wealth generation. In line with our theorizing, further qualitative findings point to drivers of philanthropy beyond those considered in the dominant strategic-instrumental perspective. Building on social-psychological theories of motivation, we argue and confirm that philanthropy can also be an expression of owner–managers’ altruistic values; these values can be compatible and even mutually reinforcing with entrepreneurship. Our study is set in a transition economy, Lithuania, facilitating the analysis of heterogeneity in attitudes toward philanthropy." @default.
- W2082631284 created "2016-06-24" @default.
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- W2082631284 date "2014-11-18" @default.
- W2082631284 modified "2023-09-30" @default.
- W2082631284 title "On the compatibility of benevolence and self-interest: Philanthropy and entrepreneurial orientation" @default.
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- W2082631284 doi "https://doi.org/10.1177/0266242614555245" @default.
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