Sürdürülebilir Kalkınma Amaçları
Yazarlar
- Akande, Adebowale(4)
- Allen, Michael W.(4)
- Ansari, Mahfooz A.(4)
- Arias-Galicia, Fernando(4)
- Borg, Mark G.(4)
- Canova, Luigina(4)
- Charles-Pauvers, Brigitte(4)
- Chen, Jingqiu(4)
- Cheng, Bor-Shiuan(4)
- Chiu, Randy Ki-Kwan(4)
- Du, Linzhi(4)
- Ibrahim, Abdul Hamid Safwat(4)
- Jen, Chin-Kang(4)
- Kazem, Ali Mahdi(4)
- Kim, Kilsun(4)
- Luna-Arocas, Roberto(4)
- Malovics, Eva(4)
- Manganelli, Anna Maria(4)
- Moreira, Alice S.(4)
- Mpoyi, Richard T.(4)
- Osman-Gani, AAhad M.(4)
- Pholsward, Ruja(4)
- Polic, Marko(4)
- Skobic, Petar(4)
- Stembridge, Allen F.(4)
- Sutarso, Toto(4)
- Tang, Ningyu(4)
- Tang, Theresa Li-Na(4)
- Tang, Thomas Li-Ping(4)
- Urbain, Caroline(4)
- Vlerick, Peter(4)
- Özbek, Mehmet Ferhat(4)
- Al-Zubaidi, Abdulqawi Salim(3)
- Garber, Ilya E.(3)
- Nnedum, Obiajulu Anthony Ugochukwu(3)
- Osagie, Johnston E.(3)
- Adetoun, Bolanle E.(2)
- Adewuyi, Modupe F.(2)
- Correia, Rosario(2)
- Correia, Rosário(2)
Yayınlar
- Kitap BölümüYayıncıda açık erişim2024Behavioral economics and monetary wisdom: A cross-level analysis of monetary aspiration, pay (dis)satisfaction, risk perception, and corruption in 32 nations
Tang, Thomas Li-Ping; Li, Zhen; Özbek, Mehmet Ferhat; Lim, Vivien Kim Geok; Teo, Thompson Sian Hin; Ansari, Mahfooz A.; Sutarso, Toto; Garber, Ilya E.; Chiu, Randy Ki-Kwan; Charles-Pauvers, Brigitte
Corruption involves greed, money, and risky decision-making. We explore the love of money, pay satisfaction, probability of risk, and dishonesty across cultures. Avaricious monetary aspiration breeds unethicality. Prospect theory frames decisions in the gains–losses domain and high–low probability. Pay dissatisfaction (in the losses) excites dishonesty in the name of justice at the individual level. Corruption Perceptions Index, CPI, signals a high–low probability of getting caught for dishonesty at the country level. We theorize: Decision-makers adopt avaricious love of money aspiration as a lens and frame dishonesty in the gains–losses domain (pay satisfaction–dissatisfaction, Level 1) and high–low probability (CPI, Level 2) to maximize expected utility and ultimate serenity. We challenge the myth: Pay satisfaction curbs dishonesty across nations consistently. Cross-level three-dimensional visualization demonstrates (6500 managers in 32 countries across six continents): With high aspiration, pay dissatisfaction excites the highest- (third-highest) avaricious justice-seeking dishonesty in high (medium) CPI nations; pay satisfaction provokes the second-highest avaricious opportunity-seizing dishonesty in low CPI entities—maximizing expected utility. Low aspiration and high pay satisfaction consistently create low dishonesty—achieving ultimate serenity. We expand prospect theory from a micro and individual-level theory to a cross-level theory of monetary wisdom across 32 nations, providing novel insights to business ethics, the environment, and responsibility.
AtıfScopus1OpenAlex1İncele - Kitap BölümüYalnız künye2024Behavioral economics and Monetary Wisdom: The Enron Effect—Love of money, Corporate Ethical Values, Corruption Perceptions Index (CPI), and dishonesty across 31 geopolitical entities
Tang, Thomas Li-Ping; Sutarso, Toto; Ansari, Mahfooz A.; Lim, Vivien Kim Geok; Teo, Thompson Sian Hin; Arias-Galicia, Fernando; Garber, Ilya E.; Chiu, Randy Ki-Kwan; Charles-Pauvers, Brigitte; Luna-Arocas, Roberto
Monetary Wisdom asserts that individuals apply their deep-rooted values (the love of money attitudes, avaricious monetary aspirations) to frame critical concerns in the immediate-proximal and omnibus-distal contexts and strategically select certain options to maximize expected utility and ultimate serenity across context, people, and time at the individual, organizational, and national-global levels. This study explores the dark side of decision-making, e.g., avaricious monetary aspirations and corruption (dishonesty). Corruption involves greed, money, and risky decision-making. It is a risky prospect, involving a cost-benefit analysis of self-interest. We frame good or bad barrels in the environmental context as a proxy of high or low probability of getting caught for dishonesty, respectively. We theorize: Two levels of the subjective norm—perceived Corporate Ethical Values at the micro level (CEV, Level 1) and Corruption Perceptions Index at the macro level (CPI, Level 2), collected from multiple sources, jointly impact the magnitude and intensity of the relationships between love of money and dishonesty. Based on 6382 managers in 31 geopolitical entities across 6 continents, our cross-level three-way interaction effect illustrates the following discoveries: As expected, managers in good barrels (high CEV/high CPI), mixed barrels (low CEV/high CPI or high CEV/low CPI), and bad barrels (low CEV/low CPI) display a low, medium, and high magnitude of dishonesty, respectively. Context matters. With high CEV, the intensity is the same across cultures. With low CEV, the intensity of dishonesty is the highest in high CPI entities (risk seeking in the high probability context)—the Enron Effect, but the lowest in low CPI entities (risk aversion in the low probability context). Interestingly, CPI has a strong impact on the magnitude of dishonesty, whereas CEV has a strong impact on the intensity of dishonesty. We demonstrate dishonesty in light of monetary values and two frames of social norms, revealing critical implications to the field of business ethics. This chapter makes robust theoretical and practical contributions to Monetary Wisdom and business ethics.
AtıfScopus2OpenAlex1İncele - MakaleAçık Erişim2023Scopus SJRQ1Behavioral economics and monetary wisdom: A cross-level analysis of monetary aspiration, pay (dis)satisfaction, risk perception, and corruption in 32 nations
Tang, Thomas Li-Ping; Li, Zhen; Özbek, Mehmet Ferhat; Lim, Vivien K. G.; Teo, Thompson S. H.; Ansari, Mahfooz A.; Sutarso, Toto; Garber, Ilya; Chiu, Randy Ki-Kwan; Charles-Pauvers, Brigitte
Corruption involves greed, money, and risky decision-making. We explore the love of money, pay satisfaction, probability of risk, and dishonesty across cultures. Avaricious monetary aspiration breeds unethicality. Prospect theory frames decisions in the gains-losses domain and high-low probability. Pay dissatisfaction (in the losses domain) incites dishonesty in the name of justice at the individual level. The Corruption Perceptions Index, CPI, signals a high-low probability of getting caught for dishonesty at the country level. We theorize that decision-makers adopt avaricious love-of-money aspiration as a lens and frame dishonesty in the gains-losses domain (pay satisfaction-dissatisfaction, Level 1) and high-low probability (CPI, Level 2) to maximize expected utility and ultimate serenity. We challenge the myth: Pay satisfaction mitigates dishonesty across nations consistently. Based on 6500 managers in 32 countries, our cross-level three-dimensional visualization offers the following discoveries. Under high aspiration conditions, pay dissatisfaction excites the highest- (third-highest) avaricious justice-seeking dishonesty in high (medium) CPI nations, supporting the certainty effect. However, pay satisfaction provokes the second-highest avaricious opportunity-seizing dishonesty in low CPI entities, sustaining the possibility effect-maximizing expected utility. Under low aspiration conditions, high pay satisfaction consistently leads to low dishonesty, demonstrating risk aversion-achieving ultimate serenity. We expand prospect theory from a micro and individual-level theory to a cross-level theory of monetary wisdom across 32 nations. We enhance the S-shaped Curve to three 3-D corruption surfaces across three levels of the global economic pyramid, providing novel insights into behavioral economics, business ethics, the environment, and responsibility.
AtıfScopus32WoS11OpenAlex30İncele - MakaleAçık Erişim2018Scopus SJRQ1Monetary Intelligence and Behavioral Economics: The Enron Effect-Love of Money, Corporate Ethical Values, Corruption Perceptions Index (CPI), and Dishonesty Across 31 Geopolitical Entities
Tang, Thomas Li-Ping; Sutarso, Toto; Ansari, Mahfooz A.; Lim, Vivien K. G.; Teo, Thompson S. H.; Arias-Galicia, Fernando; Garber, Ilya E.; Chiu, Randy Ki-Kwan; Charles-Pauvers, Brigitte; Luna-Arocas, Roberto
Monetary intelligence theory asserts that individuals apply their money attitude to frame critical concerns in the context and strategically select certain options to achieve financial goals and ultimate happiness. This study explores the dark side of monetary Intelligence and behavioral economics-dishonesty (corruption). Dishonesty, a risky prospect, involves cost-benefit analysis of self-interest. We frame good or bad barrels in the environmental context as a proxy of high or low probability of getting caught for dishonesty, respectively. We theorize: The magnitude and intensity of the relationship between love of money and dishonest prospect (dishonesty) may reveal how individuals frame dishonesty in the context of two levels of subjective norm-perceived corporate ethical values at the micro-level (CEV, Level 1) and Corruption Perceptions Index at the macro-level (CPI, Level 2), collected from multiple sources. Based on 6382 managers in 31 geopolitical entities across six continents, our cross-level three-way interaction effect illustrates: As expected, managers in good barrels (high CEV/high CPI), mixed barrels (low CEV/high CPI or high CEV/low CPI), and bad barrels (low CEV/low CPI) display low, medium, and high magnitude of dishonesty, respectively. With high CEV, the intensity is the same across cultures. With low CEV, the intensity of dishonesty is the highest in high CPI entities (risk seeking of high probability)-the Enron Effect, but the lowest in low CPI entities (risk aversion of low probability). CPI has a strong impact on the magnitude of dishonesty, whereas CEV has a strong impact on the intensity of dishonesty. We demonstrate dishonesty in light of monetary values and two frames of social norm, revealing critical implications to the field of behavioral economics and business ethics.
AtıfScopus86WoS50OpenAlex102İncele