The Effect of Gender, Locus of Control, Love of Money, and Economic Status on Students’ Ethical Perception

Khanifah, Khanifah; Isgiyarta, Jaka; Lestari, Indah; Udin, Udin

doi:10.5430/ijhe.v8n5p168

Cited by 11 publications

(17 citation statements)

References 16 publications

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“…A growing body of individuals thought that money is a motivation tool and money symbolizes success and money is important to be rich. Love of money is a person's behaviour on money and one's wishes and aspirations for money (Khanifah et al, 2019). In some cases, love of money becomes a variable for employee recruitment to check their ethical perception.…”

Section: Love Of Moneymentioning

confidence: 99%

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The relationships among love of money and unethical behaviour

Rahman¹

2020

JCA

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This study examines the relationships between love of money and unethical behaviour, with Machiavellianism and narcissism, acted as the intervening variables. The data were collected by distributing a questionnaire to 122 banking employees in Yogyakarta and analysed using multiple regression analysis to test the hypothesis. Results indicate that Machiavellianism and narcissism were significantly related to unethical behaviour. Meanwhile, instead of love of money, which did not have any relationship with Machiavellianism, it had a significant relationship with narcissism. The implication of the findings is that a person who loves money and with high Machiavellianism are more likely to do unethical behaviour. However, people with high love of money are not always associated with a Machiavellianism personality.

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Section: Love Of Moneymentioning

confidence: 99%

“…Because money is very important. With money, someone can fulfill their needs, namely clothing, food, and shelter (Khanifah et al, 2019). If people have a high love of money, they tend to perform everything that can help them in fulfilling their needs and, in the end, will give them more self-importance.…”

Section: The Effect Of Love Of Money On Narcissismmentioning

confidence: 99%

The relationships among love of money and unethical behaviour

Rahman¹

2020

JCA

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“…Individuals with a firm grasp over their internal locus of control are more ethical. 17 Business people in the United States and Taiwan have different moral perceptions when they get external stimuli to get more money in the form of bribery. The results of cross-cultural studies prove that business people in Taiwan are more open to the issue of giving facilitation money to speed up their business results than those from the USA.…”

Section: Introductionmentioning

confidence: 99%

“…Tang has consistently discussed this issue, pointing to the presence of the love of money (LOM) and its repercussive effects across genders. [14][15][16][17] The impact on financial performance is also expected to be constructed from the locus of control (LOC) as to how humans consider their actions in retrospect to the internal or external factors that may lead to organizational effectiveness. 18,19 Several studies have highlighted this positive relationship that solid inner beliefs of the entrepreneurs' actions are substantial in securing strong performance.…”

Section: Introductionmentioning

confidence: 99%

SMEs’ Performance in Indonesia: The Nexus of Notable Ethics-Strategic Behavior Constructions

Syariati¹

2022

PRBM

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Purpose The rational strategic behavior of humanity to prioritize their self motives may lead to unethical conduct, with a potential financial consequence. Thus, this study investigates how the love of money and locus of control can affect the unethical behavior and performance of small and medium economic actors in the Indonesian context. Participants and Methods This article examines the responses from 530 small entrepreneurs as part of the hypotheses in behavioral strategy by employing covariance-based structural-equation modeling (CB-SEM). This quantitative approach is conducted following the acceptance of the data quality requirements. Results The findings confirm most hypotheses, leaving one insignificant nexus of locus of control and SME performance. This finding also illuminates the intangible behavior in shaping the SMEs’ strategic performance. Some indirect relationships are also provided. Conclusion This study substantiated the notion that the strategic aspect of SMEs’ business relies on the behavioral construction of the actors. How entrepreneurs view their source of action internally or externally is critical in shaping how they view money achievement. A strong tendency to love money too much leads them to be more unethical and ends up in a deteriorating sign of financial performance. However, being unethical justifies the potentiality of increased income streams. This specific finding of strategic behavior corresponds to the how “unregulated morality” creates a freedom in doing business.

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“…Researchers have dedicated themselves to the study of topics related to the importance of money, not least because money is considered to be a common language which is understood by everyone, everywhere (Tang et al, 2018). Existing studies seek to relate the levels of love of money to national culture (Marques et al, 2019), job satisfaction (Luna-Arocas and Tang, 2004), rivalry (Kilduff et al, 2016), intention to purchase counterfeit apparel (G€ ultekin, 2018), students' ethical perception (Khanifah et al, 2019) or the practice of unethical behaviour (Tang and Liu, 2012). Despite the existence of several papers, not much literature exists on these topics which take into account the Portuguese reality (e.g., Marques et al, 2019).…”

Section: Introductionmentioning

confidence: 99%

The love of money and the propensity to engage in unethical behaviours: a study in the Portuguese context

Oliveira

Marques

2020

ARLA

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PurposeThis work aims to study the relationship between individuals' love of money and their propensity to engage in unethical behaviour.Design/methodology/approachData were collected through a questionnaire, with the final sample consisting of 297 Portuguese individuals. The hypotheses were tested using linear regression models.FindingsThe results demonstrate that there is no significant relationship between the love of money and the propensity to engage in unethical behaviour. However, there was a significant relationship between the level of budgeting and the propensity to engage in unethical behaviours – for those individuals who have a greater ability to manage their money are less likely to engage in behaviours unethical. The existence of a significant relationship between the “evil” factor and the propensity to engage in unethical behaviour was also validated, which demonstrates that when individuals both associate negative feelings with money and consider love of money to be the “root of evil”, then they are less likely to be involved in unethical behaviour.Originality/valueThis work contributes theoretically and empirically to a better understanding of individuals' attitudes towards money and their propensity to engage in unethical behaviour. The results are of particular academic and organisational relevance due to the implications for human resource management.

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The Effect of Gender, Locus of Control, Love of Money, and Economic Status on Students’ Ethical Perception

Cited by 11 publications

References 16 publications

The relationships among love of money and unethical behaviour

The relationships among love of money and unethical behaviour

SMEs’ Performance in Indonesia: The Nexus of Notable Ethics-Strategic Behavior Constructions

The love of money and the propensity to engage in unethical behaviours: a study in the Portuguese context

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