The love of money is the root of all evil: Pay satisfaction and cpi as moderators

Thomas Li Ping Tang*, Toto Sutarso, Mahfooz A. Ansari, Vivien Kim Geok Lim, Thompson Sian Hin Teo, Fernando Arias-Galicia, Ilya Garber, Peter Vlerick, Jian Liang, Adebowale Akande, Michael W. Allen, Abdulgawi Salim Alzubaidi, Mark G. Borg, Brigitte Charles-Pauvers, Bor Shiuan Cheng, Randy K CHIU, Linzhi Du, Consuelo Garcia De La Torre, Rosario Correia Higgs, Abdul Hamid Safwat IbrahimChin Kang Jen, Ali Mahdi Kazem, Kilsun Kim, Roberto Luna-Arocas, Eva Malovics, Alice S. Moreira, Richard T. Mpoyi, Anthony Ugochukwu Obiajulu Nnedum, Johnsto E. Osagie, Aahad M. Osman-Gani, Mehmet Ferhat Özbek, Francisco Costa Pereira, Ruja Pholsward, Horia D. Pitariu, Marko Polic, Elisaveta Gjorgji Sardžoska, Petar Skobic, Allen F. Stembridge, Theresa Li Na Tang, Martina Trontelj, Caroline Urbain, Luigina Canova, Anna Maria Manganelli

*Corresponding author for this work

    Research output: Chapter in book/report/conference proceedingConference proceedingpeer-review

    24 Citations (Scopus)


    By incorporating pay satisfaction at Level 1 and Corruption Perceptions Index (CPI) at Level 2, we investigated the relationship between the love of money and self-reported corrupt intent among 6,382 managers in 31 geopolitical entities across six continents. Our significant cross-level three-way interaction effect showed that for managers with high pay satisfaction, the intensity (slope) of the love of money to corrupt intent relationship was almost identical in high or low CPI entities but the former had the lowest magnitude of corrupt intent, whereas the latter had the highest. For those with low pay satisfaction, the slope was the steepest in high CPI entities, but was flat in the low CPI entities and the difference between the two was significant.

    Original languageEnglish
    Title of host publicationAcademy of Management Proceedings 2011
    EditorsSonia Taneja
    PublisherAcademy of Management
    Publication statusPublished - Jan 2011
    Event71st Annual Meeting of the Academy of Management, AOM 2011: West Meets East - Enlightening, Balancing, and Transcending - San Antonio, TX, United States
    Duration: 12 Aug 201116 Aug 2011 (Conference program) (Conference proceedings)

    Publication series

    NameAcademy of Management Proceedings
    ISSN (Print)0065-0668
    ISSN (Electronic)2151-6561


    Conference71st Annual Meeting of the Academy of Management, AOM 2011
    Country/TerritoryUnited States
    CitySan Antonio, TX
    Internet address

    Scopus Subject Areas

    • Management Information Systems
    • Management of Technology and Innovation
    • Industrial relations

    User-Defined Keywords

    • Corrupt Intent
    • CPI
    • Love of Money
    • Pay Satisfaction


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