Globalization creates economic prosperity for citizens around the world. It changes peoples deep-rooted attitudes, values, and behavioral patterns. Editor Thomas Li-Ping Tang is the first to scientifically capture the meaning of money and coin the contemporary love of money construct. Ardent monetary aspirations involve affective, behavioral, and cognitive subconstructs. Monetary Wisdom: Monetary Aspirations Impact Decision-Making bridges the gaps between behavioral economics, business ethics, decision-making, and the psychology of money. It compiles research from world-renowned experts in 37 countries across 6 continents. This book presents an excellent collection of innovative and multicultural views. Monetary Wisdom investigates how individuals apply monetary aspirations as a lens, frame critical concerns at the proximal and omnibus contexts, and maximize expected utility and ultimate serenity at the individual, organizational, and global levels. The books practical implications help readers apply and enjoy these discoveries benefits.
Recenzijos
"Monetary Wisdom: Monetary Aspirations Impact Decision-Making is an indispensable guide to understanding the complex relationship between money and ethics. From exploring the psychology of monetary values to analyzing global challenges in behavioral economics, this book offers a thorough examination of monetary decision-making. . Edited by Thomas Li-Ping Tang and featuring contributions from experts across 37 countries, this book offers a rich tapestry of multicultural perspectives. With its practical implications and innovative research, this book equips readers with essential knowledge for navigating today's world. Monetary Wisdom is a must-read for anyone seeking insight into the intersection of money, motivation, decision making, and morality. " -- Dr. Erico (Erich) Kirchler, Faculty of Psychology, University of Vienna
Section 1: Monetary Wisdom: Global Challenges
1. Is the love of money or money the root of all evils? Evidence from Hong Kong
2. Monetary intelligence vs. monetary wisdom: Ethics education across major and gender
3. The love of money in the emerging market: Evidence from China
4. Are you satisfied with your pay when you compare? Aspiration, comparison standards, and culture
5. Monetary Wisdom - the bright side: Aspiration and pay and life satisfaction in 32 Nations
6. Monetary Wisdom - the dark side: Aspiration, corporate ethical values, Corruption Perceptions Index, and dishonesty in 31 countries
7. Popularity mediates relationships between theory of mind and love of money and Consumer Ethics
Section 2: Leadership and Organization
8. Linking Leader-Member Exchange to employee creativity: Positive emotion matters
9. Supervisors ASPIRE inspires avaricious subordinate honesty
10. Moral leadership enhances employee creativity: Employee identification and leader-member exchange
11. The Matthew Effect in talent management strategy: Reducing exhaustion, increasing satisfaction, and inspiring commission
Section 3: Global Challenges
12. Sexual temptation, substance abuse, and STDs
13. Emotional intelligence, iCheating (cheating with iPhone), and nomophobia
14. The COVID-19 pandemic: European flight crew union satisfaction and well-being
15. The Matthew Effect in monetary wisdom
16. Mindfulness reduces evil directly and indirectly via reduced avaricious aspiration
Thomas Li-Ping Tang (Ph.D., Case Western Reserve University) is currently Professor Emeritus of Management, at the Jennings A. Jones College of Business, Middle Tennessee State University (MTSU). He has presented 263 papers in 27 countries and published more than 220 articles/chapters in 6 languages, including 33 on the Financial Times Top 50 Journals list. Researchers have substantiated his monetary wisdom in more than 50 countries across six continents and cited him in Bloomberg, CNN, and Financial Times. Köseoglu, Yildiz, and Ciftci (2018) ranked him the 8th in the world for his contributions to business ethics (1960-2015). He has served on the editorial board of 15 journals and as an associate editor for 2. As a recipient of the Career Achievement Award (MTSU) and the Best Reviewer Awards (Emerald and the Academy of Management), he is a Fellow of the International Association of Applied Psychology.
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