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ERIC Number: ED341884
Record Type: RIE
Publication Date: 1990
Pages: 10
Abstractor: N/A
Reference Count: N/A
The Meaning of Money: Extension and Exploration of the Money Ethic Scale in a Sample of University Students in Taiwan.
Tang, Thomas Li-Ping
Money has significant impact on people's motivation and behavior. This study examined attitudes toward money of first-year undergraduate university students (N=68) in National Taiwan University. The Money Ethic Scale (MES) was used to identify six factors concerning the meaning of money: good, evil, achievement, respect, budget, and freedom. A personality questionnaire measured the Protestant Work Ethic (PWE), the leisure ethic, and the internal-external locus of control. The results indicated the PWE was significantly correlated with evil. Significant correlations were found between external locus of control and good, achievement, respect, and freedom. Depression and irritation were positively correlated with achievement. Further, irritation was significantly associated with good, respect, and freedom. Anxiety was related to evil and respect. These results seem to support the hypothesis that the desire to have more achievement, respect, and freedom from money are associated with several signs of stress in life. Age was negatively correlated with budget. Males tended to perceive that money represented achievement and respect more than females. The leisure ethic was not related to any factors of the MES. People process information in a way that is consistent with their inner values and their own experiences. People's attitudes towards money can be recognized as one of the many frames that people use in everyday life. (ABL)
Publication Type: Reports - Research
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Identifiers: Money; Taiwan