Access the full text.
Sign up today, get DeepDyve free for 14 days.
Loading next page...
/lp/emerald-publishing/does-the-love-of-money-moderate-and-mediate-the-income-pay-uO3QweYd8v
References (69)
-
J. Cameron (1994)
Reinforcement, Reward, and Intrinsic Motivation: A Meta-AnalysisReview of Educational Research, 64
-
10.1093/oseo/instance.00043218
-
P. Brickman, K. Ryan, C. Wortman (1975)
Causal chains: Attribution of responsibility as a function of immediate and prior causes.Journal of Personality and Social Psychology, 32
-
P. Wernimont, S. Fitzpatrick (1972)
The meaning of money.Journal of Applied Psychology, 56
-
Caroline Urbain (2000)
L'attitude à l'égard de l'argent : Une première tentative de validation de deux échelles de mesure américaines dans un contexte culturel françaisRecherche et Applications en Marketing, 15
-
T. Mitchell, Amy Mickel (1999)
The meaning of money: An individual-difference perspective -
S. Rynes, B. Gerhart (2002)
Compensation in organizations : current research and practiceIndustrial and Labor Relations Review, 55
-
T. Tang, R. Chiu (2003)
Income, Money Ethic, Pay Satisfaction, Commitment, and Unethical Behavior: Is the Love of Money the Root of Evil for Hong Kong Employees?Journal of Business Ethics, 46
-
T. Tang, Vivienne Luk, R. Chiu (2000)
Pay Differentials in the People’s Republic of ChinaCompensation & Benefits Review, 32
-
Jerald Greenberg (1982)
Approaching Equity and Avoiding Inequity in Groups and Organizations -
L. Lecht (1977)
Grading the College Diploma. -
G. Blau (1994)
Testing the Effect of Level and Importance of Pay Referents on Pay Level SatisfactionHuman Relations, 47
-
T. Tang (1995)
The development of a short Money Ethic Scale: Attitudes toward money and pay satisfaction revisitedPersonality and Individual Differences, 19
-
T.S. Bateman, J.M. Crant
Revisiting intrinsic and extrinsic motivation -
I. Ajzen, M. Fishbein (1977)
Attitude-behavior relations: A theoretical analysis and review of empirical research.Psychological Bulletin, 84
-
A. Furnham (1983)
Attitudes Toward the Unemployed Receiving Social Security BenefitsHuman Relations, 36
-
A. Maslow (1954)
Motivation and Personality -
R. Opsahl, M. Dunnette (1966)
The role of financial compensation in industrial motivation.Psychological bulletin, 66 2
-
10.5465/256535
-
T. Tang, D. Tang, C. Tang (2000)
Factors related to university presidents' pay: An examination of private colleges and universitiesHigher Education, 39
-
T. Tang, Medha Talpade (1999)
Sex Differences in Satisfaction with Pay and Co-Workers: Faculty and Staff at a Public Institution of Higher EducationPublic Personnel Management, 28
-
T. Tang (1992)
The meaning of money revisitedJournal of Organizational Behavior, 13
-
A. Furnham, M. Argyle (2001)
The Psychology of Money -
E. Deci, R. Koestner, R. Ryan (1999)
A meta-analytic review of experiments examining the effects of extrinsic rewards on intrinsic motivation.Psychological bulletin, 125 6
-
E. Locke, J. Bryan (1969)
The directing function of goals in task performance.Organizational Behavior and Human Performance, 4
-
R. Chiu, T. Tang, Vivienne Luk (2001)
Hong Kong and China: The Cash Mentality RevisitedCompensation & Benefits Review, 33
-
J. Laws, T. Tang (1999)
Japanese Transplants and Union Membership: The Case of Nissan Motor Manufacturing CorporationSAM Advanced Management Journal, 64
-
T. Tang, Vancie Smith-Brandon (2001)
From Welfare to Work: The Endorsement of the Money Ethic and the Work Ethic among Welfare Recipients, Welfare Recipients in Training Programs, and Employed Past Welfare RecipientsPublic Personnel Management, 30
-
T. Kochan (2002)
Addressing the crisis in confidence in corporations: Root causes, victims, and strategies for reformAcademy of Management Perspectives, 16
-
T. Tang, Roberto Luna-Arocas, Toto Sutarso (2005)
From Income To Pay Satisfaction: The Love of Money and Pay Equity Comparison as Mediators and Culture (the United States and Spain) and Gender as ModeratorsManagement Research: Journal of the Iberoamerican Academy of Management, 3
-
J. Pfeffer (1998)
Six dangerous myths about pay.Harvard business review, 76 3
-
T. Tang, A. Furnham, G. Davis (2000)
A cross cultural comparison of pay differentials as a function of rater's sex and Money Ethic endorsement: the Matthew Effect revisitedPersonality and Individual Differences, 29
-
L. Gómez‐Mejía, D. Balkin (1992)
Determinants of faculty pay: An agency theory perspective.Academy of Management Journal, 35
-
T. Tang, M. Singer, S. Roberts (2000)
Employees’ perceived organizational instrumentality: an examination of the gender differencesJournal of Managerial Psychology, 15
-
Thomas Tang, Jwa Kim, David Tang (2000)
Does attitude toward money moderate the relationship between intrinsic job satisfaction and voluntary turnover?Human Relations, 53
-
T. Tang, E. Weatherford (1998)
Perception of enhancing self-worth through service: the development of a Service Ethic Scale.The Journal of social psychology, 138 6
-
L. Hagedorn (1995)
Wage equity and female faculty job satisfaction: The role of wage differentials in a job satisfaction causal modelResearch in Higher Education, 37
-
P. Brickman (1975)
Adaptation level determinants of satisfaction with equal and unequal outcome distributions in skill and chance situations.Journal of Personality and Social Psychology, 32
-
A. Furnham, B. Kirkcaldy, R. Lynn (1994)
National Attitudes to Competitiveness, Money, and Work Among Young People: First, Second, and Third World DifferencesHuman Relations, 47
-
F. Sloan (1971)
The Demand for Higher Education: The Case of Medical School ApplicantsJournal of Human Resources, 6
-
E. Lawler (1972)
Pay and organizational effectiveness : a psychological viewIndustrial and Labor Relations Review, 25
-
E. Locke (1969)
Job satisfaction.Hospital administration currents, 19 7
-
N. Gupta, J. Shaw (1998)
Let the Evidence Speak:Compensation & Benefits Review, 30
-
P. Hom (1994)
Employee Turnover -
P. Wernimont (1972)
A systems view of job satisfaction.Journal of Applied Psychology, 56
-
J. Pfeffer, N. Langton (1993)
The effect of wage dispersion on satisfaction, productivity, and working collaboratively: Evidence from college and university faculty.Administrative Science Quarterly, 38
-
Roberto Arocas (1998)
Dinero, trabajo y consumo -
D. Bok (2002)
The Cost of Talent: How Executives And Professionals Are Paid And How It Affects America -
A. Furnham (1990)
A Content, Correlational, and Factor Analytic Study of Seven Questionnaire Measures of the Protestant Work EthicHuman Relations, 43
-
T. Tang, Roberto Luna-Arocas, H. Whiteside (2003)
Money ethic endorsement, self‐reported income, and life satisfactionPersonnel Review, 32
-
A. Tversky, D. Kahneman (1981)
The framing of decisions and the psychology of choice.Science, 211 4481
-
R. Rice, S. Phillips, D. McFarlin (1990)
Multiple discrepancies and pay satisfaction.Journal of Applied Psychology, 75
-
T. Tang, E. Weatherford (2004)
Ethical decision making, 2
-
L. James, J. Brett (1984)
Mediators, Moderators, and Tests for Mediation.Journal of Applied Psychology, 69
-
Marsha Richins, F. Rudmin (1994)
Materialism and economic psychologyJournal of Economic Psychology, 15
-
B. Major, Ellen Konar (1984)
An Investigation of Sex Differences in Pay Expectations and Their Possible CausesAcademy of Management Journal, 27
-
Adams Js (1963)
Towards an understanding of inequityThe Journal of Abnormal and Social Psychology, 67
-
A. Kohn (1993)
Why incentive plans cannot workHarvard Business Review, 71
-
T. Tang (1993)
The meaning of money: Extension and exploration of the money ethic scale in a sample of university students in TaiwanJournal of Organizational Behavior, 14
-
A.E. Barber, R.D. Bretz
Compensation, attraction, and retention -
T. Tang, Roberto Arocas, H. Whiteside (1997)
Attitudes toward Money and Demographic Variables as Related to Income and Life Satisfaction: USA Vs. Spain. -
V. Lim, Thompson Teo (1997)
Sex, money and financial hardship: An empirical study of attitudes towards money among undergraduates in SingaporeJournal of Economic Psychology, 18
-
Sally Dillow, Thomas Snyder, Thomas Snyder, Snyder, Sally Dillow, Thomas (1994)
Digest of Education Statistics -
Marc Adams (1999)
Fair and Square - Equal Payment for Male and Female Employees -
R. Belk (1985)
Materialism: Trait Aspects of Living in the Material WorldJournal of Consumer Research, 12
-
T. Tang, Jwa Kim, T. Tang (2002)
Endorsement of the money ethic, income, and life satisfactionJournal of Managerial Psychology, 17
-
S. Iso-ahola (1980)
Social psychological perspectives on leisure and recreation -
T. Tang, Jwa Kim (1999)
The Meaning of Money among Mental Health Workers: The Endorsement of Money Ethic as Related to Organizational Citizenship Behavior, Job Satisfaction, and CommitmentPublic Personnel Management, 28
-
H. Heneman, D. Schwab (1985)
Pay satisfaction: its multidimensional nature and measurement.International journal of psychology : Journal international de psychologie, 20 1
- Publisher
- Emerald Publishing
- Copyright
- Copyright © 2004 Emerald Group Publishing Limited. All rights reserved.
- ISSN
- 0268-3946
- DOI
- 10.1108/02683940410526091
- Publisher site
- See Article on Publisher Site
Abstract
This research examines the love of money as a moderator and as a mediator of the self‐reported income‐pay satisfaction relationship among university professors (lecturers). Hierarchical multiple regression results showed that the interaction effect between self‐reported income and the love of money on pay satisfaction was significant. For high‐love‐of‐money professors (lecturers), the relationship between income and pay satisfaction was positive and significant, however, for low‐love‐of‐money professors (lecturers), the relationship was not significant. High‐love‐of‐money participants had lower pay satisfaction than low‐love‐of‐money participants when the self‐reported income was below $89,139.53. When income was higher than $89,139.53, the pattern of pay satisfaction was reversed. Further, the love of money was a mediator of the self‐reported income‐pay satisfaction relationship. Income increases the love of money that, in turn, is used as a “frame of reference” to evaluate pay satisfaction.
Journal
Journal of Managerial Psychology – Emerald Publishing
Published: Mar 1, 2004
Keywords: Money; Pay; Job satisfaction; Universities; United States of America; Spain