Monetary Wisdom: Monetary Aspirations Impact Decision-Making
Thomas Li-Ping Tang, B0D4DNQ5RH, 9780443154539, 978-0443154539, 978-0-443-15453-9, 0443154538, 0443154546, 9780443154546, 978-0443154546
Money is the instrument of commerce and a measure of value. Globalization has created economic prosperity for citizens around the world. These challenges have changed how people work, live, and do business. Monetary Wisdom: Monetary Aspirations and Decision-Making presents an excellent collection of innovative and a multi-cultural view of how money has affected decision making not only at an individual level but at organizational level. This book discusses the powerful motivators of money and the connection to ethical decision-making both in organizations and social life.
- Inspires readers to learn one of the world's most often used money attitude measures
- Notices that, in modern societies, money is power at the individual level
- Suggests that monetary aspirations (not money itself) predict cheating
- Profiles that reducing stress curbs dishonesty directly and indirectly
- Illustrates that leaders promote employees' honesty and creativity
- Reveals how corruption expands prospect theory to a global level
- Explores the contexts to achieve balanced aspirations and serenity