Money profiles: the love of money, attitudes, and needs

Tang, Thomas Li‐Ping; Tang, David Shin‐Hsiung; Luna‐Arocas, Roberto

doi:10.1108/00483480510612549

Cited by 54 publications

(16 citation statements)

References 38 publications

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“…Money budgeting scale was adopted from Luna-Arocas and Tang (2004). The scale has been replicated across cultures and shows high reliability and consistency (Tang, Tang, & Luna-Arocas, 2005).…”

Section: Methodsmentioning

confidence: 99%

How values of individualism and collectivism influence impulsive buying and money budgeting: the mediating role of acculturation to global consumer culture

Czarnecka

Schivinski

Keles

2020

J of Consumer Behaviour

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This study examined the effects of individual‐level cultural values of individualism and collectivism on impulsive buying and money budgeting and the mediating role of acculturation to global consumer culture. By applying the person‐environment fit theory and acculturation theory, we argue that people who hold cultural values congruent with the culture they come into contact with are more likely to acculturate to it, and that those who acculturate to global consumer culture (GCC) are more likely to display consumption behaviors stimulated by GCC, namely impulsive buying and poor money budgeting. The findings show that consumers acculturated to GCC report higher impulsive buying and lower money budgeting, and that it is not the distinction between individualism and collectivism, but rather between the vertical and horizontal values that determines the acceptance of GCC and the studied consumption behaviors. Results revealed that vertical individualists (those who believe in competition between individuals and who prioritize their needs over the needs of others) and vertical collectivists (those who believe in the subordination of individuals to groups) were more likely to be acculturated to GCC. Thus, the acceptance of inequality between individuals among other individuals, or within groups, is related to the acceptance of GCC and impulsive buying and money budgeting. The level of acculturation to GCC mediates the relations between vertical individualism and collectivism values and impulsive buying and money budgeting. Theoretical contributions to the research on horizontal/vertical individualism/collectivism, acculturation to GCC, and person‐environment fit theory, as well as practical implications for marketers are discussed.

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Section: Methodsmentioning

confidence: 99%

How values of individualism and collectivism influence impulsive buying and money budgeting: the mediating role of acculturation to global consumer culture

Czarnecka

Schivinski

Keles

2020

J of Consumer Behaviour

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“…The first approach uses Likert-type scales to assess agreement with statements representing materialist values, beliefs, and behaviors. Some scales measure solely the significance an individual attaches to being wealthy (Georgellis, Tsitsianis, & Yin, 2009), whereas others assess beliefs associated with money (Tang, Tang, & Luna-Arocas, 2005) or personality traits linked to material possessions (Belk, 1984). Researchers have also developed scales to measure different facets of materialism, such as the Material Values Scale (MVS; Richins, 2004a;Richins & Dawson, 1992), which is widely used in consumer research and psychology.…”

Section: Materialism Measuresmentioning

confidence: 99%

The relationship between materialism and personal well-being: A meta-analysis.

Dittmar

Bond

Hurst

et al. 2014

Journal of Personality and Social Psychology

600

587

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This meta-analysis investigates the relationship between individuals' materialistic orientation and their personal well-being. Theoretical approaches in psychology agree that prioritizing money and associated aims is negatively associated with individuals' well-being but differ in their implications for whether this is invariably the case. To address these and other questions, we examined 753 effect sizes from 259 independent samples. Materialism was associated with significantly lower well-being for the most widely used, multifaceted measures (materialist values and beliefs, r = -.19, ρ = -.24; relative importance of materialist goals, r = -.16, ρ = -.21), more than for measures assessing emphasis on money alone (rs = -.08 to -.11, ρs = -.09 to -.14). The relationship also depended on type of well-being outcome, with largest effects for risky health and consumer behaviors and for negative self-appraisals (rs = -.28 to -.44, ρs = -.32 to -.53) and weakest effects for life satisfaction and negative affect (rs = -.13 to -.15, ρs = -.17 to -.18). Moderator analyses revealed that the strength of the effect depended on certain demographic factors (gender and age), on value context (study/work environments that support materialistic values and cultures that emphasize affective autonomy), and on cultural economic indicators (economic growth and wealth differentials). Mediation analyses suggested that the negative link may be explained by poor psychological need satisfaction. We discuss implications for the measurement of materialist values and the need for theoretical and empirical advances to explore underlying processes, which likely will require more experimental, longitudinal, and developmental research.

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“…Many studies on the relationship with love of money and ethical behavior has also been widely studied, such as studies that have been conducted by Tang, Tang, & Luna-Arocas (2005) get the result that the attitude of the love of money has a significant influence on the perception of ethical, this context explains that a person with an attitude the higher love of money will have a judgment or lead to a better ethical perception. These results contrast with the results of research conducted by Elias & Farag (2010) which prove that the level of love of money leads to a situation where the higher the attitude of the love of money that is owned by someone would be able to lower the perception of ethical, this means that the higher the nature of love of money tend to be tax evasion because the act was considered unethical to do.…”

Section: Introductionmentioning

confidence: 99%

Gender, Religiosity, Love of Money, and Ethical Perception of Tax Evasion

Dewanta¹,

Machmuddah²

2019

Journal of Accounting and Business Dynamics

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This study aims to examine the effect of gender, religiosity, and love of money on ethical perception of tax evasion. The population of this study consist of undergraduate accounting students of private universities in Semarang,Central Java, Indonesia. Quota sampling method was utilized with total samples of 100 students. The data was collected using questionnaire and distribution period was three months from October-December 2017. Data analysis was performed using the Structural Equation Model (SEM) and Partial Least Squares (PLS) 3.0. The results of analysis showed that gender has no effect on religiosity and love of money. Meanwhile gender, religiosity, and love of money simultaneously affect the ethical perception of tax evasion. The results also unveil that love of money and religiosity cannot mediate the relationship between gender and ethical perception of tax evasion among undergraduate students. ABSTRAKPenelitian ini bertujuan untuk menguji pengaruh gender, religiusitas, dan kecintaan terhadap uang pada persepsi etis atas penggelapan pajak. Populasi penelitian ini terdiri dari mahasiswa sarjana akuntansi dari universitas swasta di Semarang, Jawa Tengah, Indonesia. Metode pengambilan sampel menggunakan metode quota sampling n dengan jumlah sampel 100 siswa. Data dikumpulkan dengan menggunakan kuesioner dan periode pengumpulan data adalah tiga bulan dari Oktober-Desember 2017. Analisis data dilakukan dengan menggunakan Structural Equation Model (SEM) dan Partial Least Squares (PLS) 3.0. Hasil analisis menunjukkan bahwa gender tidak berpengaruh pada religiusitas dan cinta uang. Sementara itu gender, religiusitas, dan cinta uang secara simultan mempengaruhi persepsi etika atas penggelapan pajak. Hasil penelitian juga menunjukkan bahwa kecintaan terhadap uang dan religiusitas tidak dapat memediasi hubungan antara gender dan persepsi etis penghindaran pajak di kalangan mahasiswa sarjana.

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Money profiles: the love of money, attitudes, and needs

Cited by 54 publications

References 38 publications

How values of individualism and collectivism influence impulsive buying and money budgeting: the mediating role of acculturation to global consumer culture

How values of individualism and collectivism influence impulsive buying and money budgeting: the mediating role of acculturation to global consumer culture

The relationship between materialism and personal well-being: A meta-analysis.

Gender, Religiosity, Love of Money, and Ethical Perception of Tax Evasion

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