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Social Identity and Financial Investment Decisions: Empirical Insights on German-Turks (Contributions to Management Science)

SKU: 9783319179773

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Social Identity and Financial Investment Decisions: Empirical Insights on German-Turks (Contributions to Management Science), Seppo Vayrynen, 9783319179773

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This book investigates how social identity relates to financial investment behavior of the German-Turkish diaspora. The author approaches this study using qualitative research and multiple semi-structured in-depth interviews with a strong philosophical and methodological basis. Taking a phenomenological stance, the empirical results reveal many nuanced shades of bi-cultural identity. Key findings include a range of social creativity behaviors, also offering an extension to social identity theory by means of re-defining relevant in-groups. Financial investments are considered a family affair, with children being heavily involved and support of (extended) family is defined as investment. Within that realm, German social identity prevails with regard to financial investments. The author is lecturer at Munich Business School and Passau University for business and culture in the Arab world and Turkey. She has long-standing experience in the financial services industry.

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