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Monetary Wisdom. Monetary Aspirations Impact Decision-Making

  • Book

  • May 2024
  • Elsevier Science and Technology
  • ID: 5850270
Globalization creates economic prosperity for citizens around the world. It changes people's 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 six 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.

Table of Contents

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

Authors

Thomas Li-Ping Tang Professor in the Management Department at the Jennings A. Jones College of Business, Middle Tennessee State University (MTSU).. Thomas Li-Ping Tang (Ph.D., Case Western Reserve University) is a Professor in the Management Department at the Jennings A. Jones College of Business, Middle Tennessee State University (MTSU). He has presented 263 papers in 27 countries and published 185 articles/chapters in 6 languages (32 on the Financial Times-50 list). Researchers have substantiated his monetary wisdom in more than 50 countries across six continents and cited him in Bloomberg, CNN, and Financial Times. K�seoglu, 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 14 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.