Success, rich, motivator and importance: Establishing the contributory factors of money ethics towards business ethics

Kum Lung Choe*, Teck Chai Lau, Luen Peng Tan

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

2 Citations (Scopus)

Abstract

This study aims to explore the relationship between love of money and attitudes towards business ethics. Different cultures tend to interpret the meaning of money differently. Some view money as good while others regard money as a measure of achievement. Most past researchers focused on the effect of the demographic variables on business ethics. The current study took a different approach to uncover the relationship between money and ethics. The meaning of money was measured using the Love of Money Scale (LOMS) while the well-established scale of Attitudes towards Business Ethics Questionnaire (ATBEQ) was adapted. There are four dimensions of love of money - Success, Rich, Motivator, and Important. Results showed that Success, Motivator and Important dimensions significantly contributes to Attitude towards Business Ethics whereas Rich dimension is not a contributor.

Original languageEnglish
Pages (from-to)90-98
Number of pages9
JournalEuropean Journal of Economics, Finance and Administrative Sciences
Issue number37
Publication statusPublished - Sept 2011
Externally publishedYes

Keywords

  • Attitude towards Business Ethics Questionnaire (ATBEQ)
  • Business Ethics
  • Love of Money
  • Money Ethics

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