The love of money and work‐related attitudes

Thomas Li‐Ping Tang · Kenneth R. Tillery · Blagoja Lazarevski · Roberto Luna Arocas

30 citations0/0 files storedJournal of Managerial Psychology

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Financial Literacy, Pension, Retirement Analysis Personality Traits and Psychology Human Behavior and Motivation

Abstract

This study examines the love of money and work‐related attitudes and identifies four money profiles based on a sample of citizens in the Republic of Macedonia. Achieving Money Worshipers (the highest scores on Factors Success, Motivator, and Budget and the lowest on Evil) had the highest active involvement in work activities. Careless Money Admirers (the lowest score on Factor Budget) had the highest external locus of control, the highest involvement, and lowest success avoidance. Apathetic Money Managers (the lowest scores on Factors Success and Motivator) had the highest internal locus of control and the lowest involvement. Money Repellent Individuals (the highest score on Factor Evil) had the lowest competitiveness and the highest success avoidance. Results provide the validity of the Love of Money Scale and the four money profiles.

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References

1979Prospect Theory: An Analysis of Decision under Risk 1988Prospect theory: An analysis of decision under risk 1973Multidimensional locus of control in psychiatric patients.1992The meaning of money revisited 1999The Meaning of Money: An Individual-Difference Perspective 2003Income, Money Ethic, Pay Satisfaction, Commitment, and Unethical Behavior: Is the Love of Money the Root of Evil for Hong Kong Employees?2001The Psychology of Money 2000Does attitude toward money moderate the relationship between intrinsic job satisfaction and voluntary turnover?

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