Monetary Intelligence and Behavioral Economics Across 32 Cultures: Good Apples Enjoy Good Quality of Life in Good Barrels
Monetary Intelligence theory asserts that individuals apply their money attitude to frame critical concerns in the context and strategically select certain options to achieve financial goals and ultimate happiness. This study explores the bright side of Monetary Intelligence and behavioral economics...
Authors: | ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; ; |
---|---|
Format: | Electronic Article |
Language: | English |
Check availability: | HBZ Gateway |
Journals Online & Print: | |
Fernleihe: | Fernleihe für die Fachinformationsdienste |
Published: |
Springer Science + Business Media B. V
2018
|
In: |
Journal of business ethics
Year: 2018, Volume: 148, Issue: 4, Pages: 893-917 |
Further subjects: | B
Global economic pyramid
B Cross-cultural B Corporate ethical values B GDP B Satisfaction B Prospect Theory B behavioral economics B CPI / Corruption Perceptions Index B Economists / psychologist B International |
Online Access: |
Presumably Free Access Volltext (lizenzpflichtig) |
MARC
LEADER | 00000caa a22000002 4500 | ||
---|---|---|---|
001 | 1785664204 | ||
003 | DE-627 | ||
005 | 20230331053834.0 | ||
007 | cr uuu---uuuuu | ||
008 | 220112s2018 xx |||||o 00| ||eng c | ||
024 | 7 | |a 10.1007/s10551-015-2980-y |2 doi | |
035 | |a (DE-627)1785664204 | ||
035 | |a (DE-599)KXP1785664204 | ||
035 | |a (DE-He213)s10551-015-2980-y-e | ||
040 | |a DE-627 |b ger |c DE-627 |e rda | ||
041 | |a eng | ||
084 | |a 1 |2 ssgn | ||
100 | 1 | |a Tang, Thomas Li-Ping |e VerfasserIn |4 aut | |
109 | |a Tang, Thomas Li-Ping |a Thomas Li-Ping Tang |a Tang, Thomas |a Li-Ping Tang, Thomas | ||
245 | 1 | 0 | |a Monetary Intelligence and Behavioral Economics Across 32 Cultures: Good Apples Enjoy Good Quality of Life in Good Barrels |
264 | 1 | |c 2018 | |
336 | |a Text |b txt |2 rdacontent | ||
337 | |a Computermedien |b c |2 rdamedia | ||
338 | |a Online-Ressource |b cr |2 rdacarrier | ||
520 | |a Monetary Intelligence theory asserts that individuals apply their money attitude to frame critical concerns in the context and strategically select certain options to achieve financial goals and ultimate happiness. This study explores the bright side of Monetary Intelligence and behavioral economics, frames money attitude in the context of pay and life satisfaction, and controls money at the macro-level (GDP per capita) and micro-level (Z income). We theorize: Managers with low love of money motive but high stewardship behavior will have high subjective well-being: pay satisfaction and quality of life. Data collected from 6586 managers in 32 cultures across six continents support our theory. Interestingly, GDP per capita is related to life satisfaction, but not to pay satisfaction. Individual income is related to both life and pay satisfaction. Neither GDP nor income is related to Happiness (money makes people happy). Our theoretical model across three GDP groups offers new discoveries: In high GDP (rich) entities, “high income” not only reduces aspirations—“Rich, Motivator, and Power,” but also promotes stewardship behavior—“Budget, Give/Donate, and Contribute” and appreciation of “Achievement.” After controlling income, we demonstrate the bright side of Monetary Intelligence: Low love of money motive but high stewardship behavior define Monetary Intelligence. “Good apples enjoy good quality of life in good barrels.” This notion adds another explanation to managers’ low magnitude of dishonesty in entities with high Corruption Perceptions Index (CPI) (risk aversion for gains of high probability) (Tang et al. 2015. doi:10.1007/s10551-015-2942-4). In low GDP (poor) entities, high income is related to poor Budgeting skills and escalated Happiness. These managers experience equal satisfaction with pay and life. We add a new vocabulary to the conversation of monetary intelligence, income, GDP, happiness, subjective well-being, good and bad apples and barrels, corruption, and behavioral ethics. | ||
650 | 4 | |a Economists/psychologist | |
650 | 4 | |a behavioral economics | |
650 | 4 | |a Global economic pyramid | |
650 | 4 | |a Cross-cultural | |
650 | 4 | |a International | |
650 | 4 | |a Corporate ethical values | |
650 | 4 | |a Satisfaction | |
650 | 4 | |a Corruption Perceptions Index/CPI | |
650 | 4 | |a GDP | |
650 | 4 | |a Prospect Theory | |
700 | 1 | |a Sutarso, Toto |e VerfasserIn |4 aut | |
700 | 1 | |a Ansari, Mahfooz A. |e VerfasserIn |4 aut | |
700 | 1 | |a Lim, Vivien Kim Geok |e VerfasserIn |4 aut | |
700 | 1 | |a Teo, Thompson Sian Hin |e VerfasserIn |4 aut | |
700 | 1 | |a Arias-Galicia, Fernando |e VerfasserIn |4 aut | |
700 | 1 | |a Garber, Ilya E. |e VerfasserIn |4 aut | |
700 | 1 | |a Chiu, Randy Ki-Kwan |e VerfasserIn |4 aut | |
700 | 1 | |a Charles-Pauvers, Brigitte |e VerfasserIn |4 aut | |
700 | 1 | |a Luna-Arocas, Roberto |e VerfasserIn |4 aut | |
700 | 1 | |a Vlerick, Peter |e VerfasserIn |4 aut | |
700 | 1 | |a Akande, Adebowale |e VerfasserIn |4 aut | |
700 | 1 | |a Allen, Michael W. |e VerfasserIn |4 aut | |
700 | 1 | |a Al-Zubaidi, Abdulgawi Salim |e VerfasserIn |4 aut | |
700 | 1 | |a Borg, Mark G. |e VerfasserIn |4 aut | |
700 | 1 | |a Canova, Luigina |e VerfasserIn |4 aut | |
700 | 1 | |a Cheng, Bor-Shiuan |e VerfasserIn |4 aut | |
700 | 1 | |a Correia, Rosario |e VerfasserIn |4 aut | |
700 | 1 | |a Du, Linzhi |e VerfasserIn |4 aut | |
700 | 1 | |a Garcia de la Torre, Consuelo |e VerfasserIn |4 aut | |
700 | 1 | |a Ibrahim, Abdul Hamid Safwat |e VerfasserIn |4 aut | |
700 | 1 | |a Jen, Chin-Kang |e VerfasserIn |4 aut | |
700 | 1 | |a Kazem, Ali Mahdi |e VerfasserIn |4 aut | |
700 | 1 | |a Kim, Kilsun |e VerfasserIn |4 aut | |
700 | 1 | |a Liang, Jian |e VerfasserIn |4 aut | |
700 | 1 | |a Malovics, Eva |e VerfasserIn |4 aut | |
700 | 1 | |a Manganelli, Anna Maria |e VerfasserIn |4 aut | |
700 | 1 | |a Moreira, Alice S. |e VerfasserIn |4 aut | |
700 | 1 | |a Mpoyi, Richard T. |e VerfasserIn |4 aut | |
700 | 1 | |a Nnedum, Anthony Ugochukwu Obiajulu |e VerfasserIn |4 aut | |
700 | 1 | |a Osagie, Johnsto E. |e VerfasserIn |4 aut | |
700 | 1 | |a Osman-Gani, AAhad M. |e VerfasserIn |4 aut | |
700 | 1 | |a Özbek, Mehmet Ferhat |e VerfasserIn |4 aut | |
700 | 1 | |a Pereira, Francisco José Costa |e VerfasserIn |4 aut | |
700 | 1 | |a Pholsward, Ruja |e VerfasserIn |4 aut | |
700 | 1 | |a Pitariu, Horia D. |e VerfasserIn |4 aut | |
700 | 1 | |a Polic, Marko |e VerfasserIn |4 aut | |
700 | 1 | |a Sardžoska, Elisaveta Gjorgji |e VerfasserIn |4 aut | |
700 | 1 | |a Skobic, Petar |e VerfasserIn |4 aut | |
700 | 1 | |a Stembridge, Allen F. |e VerfasserIn |4 aut | |
700 | 1 | |a Tang, Theresa Li-Na |e VerfasserIn |4 aut | |
700 | 1 | |a Urbain, Caroline |e VerfasserIn |4 aut | |
700 | 1 | |a Trontelj, Martina |e VerfasserIn |4 aut | |
700 | 1 | |a Chen, Jingqiu |e VerfasserIn |4 aut | |
700 | 1 | |a Tang, Ningyu |e VerfasserIn |4 aut | |
773 | 0 | 8 | |i Enthalten in |t Journal of business ethics |d Dordrecht [u.a.] : Springer Science + Business Media B.V, 1982 |g 148(2018), 4, Seite 893-917 |h Online-Ressource |w (DE-627)270937129 |w (DE-600)1478688-6 |w (DE-576)121465284 |x 1573-0697 |7 nnns |
773 | 1 | 8 | |g volume:148 |g year:2018 |g number:4 |g pages:893-917 |
856 | |u https://biblio.ugent.be/publication/8519465/file/8560815 |x unpaywall |z Vermutlich kostenfreier Zugang |h repository [oa repository (via OAI-PMH doi match)] | ||
856 | 4 | 0 | |u https://doi.org/10.1007/s10551-015-2980-y |x Resolving-System |z lizenzpflichtig |3 Volltext |
935 | |a mteo | ||
936 | u | w | |d 148 |j 2018 |e 4 |h 893-917 |
951 | |a AR | ||
ELC | |a 1 | ||
ITA | |a 1 |t 1 | ||
LOK | |0 000 xxxxxcx a22 zn 4500 | ||
LOK | |0 001 4033723102 | ||
LOK | |0 003 DE-627 | ||
LOK | |0 004 1785664204 | ||
LOK | |0 005 20220112043905 | ||
LOK | |0 008 220112||||||||||||||||ger||||||| | ||
LOK | |0 035 |a (DE-Tue135)IxTheo#2021-12-30#99B9028C700D70B8133C0AC543D37649721A6840 | ||
LOK | |0 040 |a DE-Tue135 |c DE-627 |d DE-Tue135 | ||
LOK | |0 092 |o n | ||
LOK | |0 852 |a DE-Tue135 | ||
LOK | |0 852 1 |9 00 | ||
LOK | |0 935 |a ixzs |a ixrk |a zota | ||
OAS | |a 1 | ||
ORI | |a SA-MARC-ixtheoa001.raw |