TY - JOUR
T1 - Income, Money Ethic, Pay Satisfaction, Commitment, and Unethical Behavior
T2 - Is the Love of Money the Root of Evil for Hong Kong Employees?
AU - Tang, Thomas Li Ping
AU - Chiu, Randy K.
N1 - Funding Information:
Portions of this paper have been presented at the International Conference on Business Ethics in the Knowledge Economy, Hong Kong Baptist University, Hong Kong, People’s Republic of China, April 2–4, 2002. The authors would like to thank the Faculty Research & Creative Activity Committee and Non-Instructional Assignment (NIA) of MTSU for financial support, Father Wiatt A. Funk, Alex C. Michalos, Troy A. Festervand, George Chan, and K. F. Chiu for their suggestions, and Emily Thormaehlen and Nathan Harding for their assistance.
PY - 2003/8
Y1 - 2003/8
N2 - This study examines a model involving income, the love of money, pay satisfaction, organizational commitment, job changes, and unethical behavior among 211 full-time employees in Hong Kong, China. Direct paths suggested that the love of money was related to unethical behavior, but income (money) was not. Indirect paths showed that income was negatively related to the love of money that, in turn, was negatively related to pay satisfaction that, in turn, was negatively associated with unethical behavior. Pay satisfaction was positively related to organizational commitment. Thus, the love of money is the root of evil, but money is not.
AB - This study examines a model involving income, the love of money, pay satisfaction, organizational commitment, job changes, and unethical behavior among 211 full-time employees in Hong Kong, China. Direct paths suggested that the love of money was related to unethical behavior, but income (money) was not. Indirect paths showed that income was negatively related to the love of money that, in turn, was negatively related to pay satisfaction that, in turn, was negatively associated with unethical behavior. Pay satisfaction was positively related to organizational commitment. Thus, the love of money is the root of evil, but money is not.
KW - Commitment
KW - Evil
KW - Hong Kong
KW - Income
KW - Money ethic
KW - Pay satisfaction
KW - The love of money
KW - Unethical behavior
UR - http://www.scopus.com/inward/record.url?scp=0346671074&partnerID=8YFLogxK
U2 - 10.1023/A:1024731611490
DO - 10.1023/A:1024731611490
M3 - Journal article
AN - SCOPUS:0346671074
SN - 0167-4544
VL - 46
SP - 13
EP - 30
JO - Journal of Business Ethics
JF - Journal of Business Ethics
IS - 1
ER -