First, an individual’s identification with a company was found to have a positive effect on
their determination to invest in the company’s shares rather than in other companies’ shares that have
approximately similar expected financial returns/risks.
Second, company identification was found to
elicit preparedness to invest in the company’s shares with lower financial returns expected from the
shares than from other shares. Both influences were partly mediated by the individual’s willingness to
give support to a company with which they identify.