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Small and Medium Enterprises (SMEs) play a significant role in a country's economy and social wellbeing. The literature highlights on the importance of leadership to organizations. On the other hand the review of the literature indicates limited studies have attempted to empirically examine leadership in the context of small and medium-sized enterprises (SMEs). In spite of the importance of leadership, a review of past studies suggests few studies have attempted to investigate leadership behavior adopted by leaders of SMEs. This paper attempted to review literature that examined the leadership behavior practiced by SMEs to give more insights of roles of leadership in SMEs to academician, practitioners and leaders.