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Impact of Money Attitude on Career Goals: A Survey on Undergraduate Students

Year 2017, Volume: 17 Issue: 4, 527 - 537, 01.11.2017

Abstract

The objective of this study is to examine the impact of attitude towards money on career goals. The sample consists of undergraduate students and the data are examined using mean differences and multiple linear regression model. The main findings show that women tend to see money as a symbol of power and prestige. The findings also denote that women are more economy-minded, and are more prone to financial planning than men. The proponents of money as the symbol of power and prestige and those with more intense monetary concerns attach great importance to having high salaries in their profession

References

  • Agarwala, T. (2008). Factors influencing career choice of management students in India. Career Development International, 13(4), 362-376.
  • Ashby, J. S. ve Schoon, I. (2010). Career success: The role of teenage career aspirations, ambition value and gender in predicting adult social status and earnings.
  • Journal of Vocational Behavior, 77(3), 350-360. Beutler, I. F. ve Gudmunson, C.G. (2012). New adolescent money attitude scales: Entitlement and conscientiousness. Journal of Financial Counseling and Planning, 23(2), 18-31.
  • Bhardwaj, S. ve Bhattacharjee, K. (2010). Modeling money attitudes to predict loan default. The IUP Journal of Bank Management, 9, 12-20.
  • Bonsu, S. K. (2008). Ghanaian attitudes towards money in consumer culture. International Journal of Consumer Studies, 32(2), 171-178.
  • Engelberg, E. ve Sjöberg, L. (2006). Money attitudes and emotional intelligence. Journal of Applied Social Psychology, 36(8), 2027–2047.
  • Furnham, A. (1984). Many sides of the coin: The psychology of money usage. Personality and Individual Differences, 5(5), 501-509.
  • Greco, T. H. (2001). Money: Understanding and creating alternatives to legal tender. Vermont: Chelsea Green Publishing.
  • Handa, A., Patil, S. ve Kate, N. (2013). Analyzing the factors affecting career choices of professionals.
  • International Journal of Organizational Behaviour & Management Perspectives, 2(4), 574-580. Kalaycı, Ş. (2005). SPSS uygulamalı çok değişkenli istatistik teknikleri. Ankara: Asil Yayın Dağıtım.
  • Keller, C. ve Siegrist, M. (2006). Money attitude typology and stock investment. The Journal of Behavioral Finance, (2), 88-96.
  • Khare, A. (2014). Money attitudes, materialism, and compulsiveness: Scale development and validation.
  • Journal of Global Marketing, 27, 30-45. Lau, A. ve Pang, M. (1995). Undergraduates’ career perceptions and first job needs in Hong Kong.
  • International Journal of Career Management, 7(3), 14-24. Lent, R. W., Brown, S.D., Talleyrand, R., Mcpartland, E.B., Davis, T. ve Chopra, S. B., Alexander, M.S., Suthakaran, V. ve Chai, C.M. (2002). Career choice barriers, supports, and coping strategies: College students’ experiences.
  • Journal of Vocational Behavior, 60(1), 61-72. Li, D., Jiang, Y., An, S., Shen, Z. ve Jin, W. (2009). The influence of money attitudes on young chinese consumers’ compulsive buying. Young Consumers, (2), 98-109.
  • Lim, V. K.G. ve Teo, T.S.H. (1997). Sex, money and financial hardship: An empirical study of attitudes towards money among undergraduates in Singapore.
  • Journal of Economic Psychology, 18, 369-386. Mclean, E. R., Smits, S.J. ve Tanner, J. R. (1996). The importance of salary on job and career attitudes of information systems professionals, Information & Management, 30, 291-299.
  • Monteiro, D. L. C, Penaloza, V., Pinto, F. R., Del Carmen Denegri Coria, M. ve Calderon, L. M. O. (2015). Attitudes towards money and motivational orientation to work in brazilian young workers. Contaduría y Administración, (1), 11-30.
  • Oleson, M. (2004). Exploring the relationship between money attitudes and Maslow’s hierarchy of needs.
  • International Journal of Consumer Studies, 28(1), 83-92. Özbilgin, M., Küskü, F. ve Erdoğmuş, N. (2005). Explaining influences on career “choice”: The case of MBA students in comparative perspective. The International Journal of Human Resource Management, 16(11), 2000-2028.
  • Price, D. Z. (1968). A technique for analyzing the economic value system. Journal of Marriage and the Family, 30(3), 467-472.
  • Roberts, J. A. ve Jones, E. (2001). Money attitudes, credit card use, and compulsive buying among american college students. Journal of Consumer Affairs, 35(2), 240.
  • Roberts, J. A. ve Sepulveda, C. J. (1999). Demographics and money attitudes: A test of Yamauchi and Templer’s
  • (1982) money attitude scale in Mexico. Personality and Individual Differences, 27, 19-35.
  • Schweitzer, L., Lyons, S., Kuron, L.K.J. ve NG, E.S.W. (2014).
  • The gender gap in pre-career salary expectations: A test of five explanations. Career Development International, (4), 404-425. Taneja, R. M. (2012). Money attitude - an abridgement.
  • Researchers World Journal of Arts, Science & Commerce, (3), 94-98. Tang, T. L. (1992). The meaning of money revisited.
  • Journal of Organizational Behavior, 13, 197-202. Tang, T. L. ve Chiu, R.K. (2003). Income, money ethic, pay satisfaction, commitment, and unethical behavior:
  • Is the love of money the root of evil for Hong Kong employees? Journal of Business Ethics, 46, 13-30. Tang, T.L.P., Tang, D.S.H. ve Luna-Arocas, R. (2005).
  • Money profiles: The love of money, attitudes, and needs. Personnel Review, 34(5), 603-618. Tomlinson, M. (2007). Graduate employability and student attitudes and orientations to the labour market.
  • Journal of Education and Work, 20(4), 285-304. Wong, J. (2010). An analysis of money attitudes: Their relationships & effects on personal needs, social identity and emotions. Journal of Leadership, Accountability and Ethics, 8(1), 57-64.
  • Yamauchi, K. T. ve Templer, D.I. (1982). The development of a money attitude scale. Journal of Personality Assessment, 46 (5), 523-528.

Para Tutumunun Kariyer Hedefleri Üzerindeki Etkisi: Üniversite Öğrencileri Üzerinde Bir Araştırma

Year 2017, Volume: 17 Issue: 4, 527 - 537, 01.11.2017

Abstract

Bu çalışmanın amacı, para tutumunun, kariyer hedefleri üzerindeki etkisini incelemektir. Üniversitelerin lisans düzeyinde okuyan öğrencileri üzerinde gerçekleştirilen araştırmada, ortalama farkları ve çoklu lineer regresyon modeli kullanılmıştır. Analizler sonucunda, erkeklere göre kadınların parayı bir güç ve prestij sembolü olarak görme eğilimlerinin daha düşük olduğu, daha tutumlu ve finansal planlamaya daha eğilimli oldukları tespit edilmiştir. Paranın güç ve prestij sembolü olduğunu düşünenler ile parasal kaygıları daha yoğun olan bireylerin, çalışacakları işin dolgun maaşlı olmasını daha çok önemsedikleri de elde edilen bulgulardan bir diğeridir

References

  • Agarwala, T. (2008). Factors influencing career choice of management students in India. Career Development International, 13(4), 362-376.
  • Ashby, J. S. ve Schoon, I. (2010). Career success: The role of teenage career aspirations, ambition value and gender in predicting adult social status and earnings.
  • Journal of Vocational Behavior, 77(3), 350-360. Beutler, I. F. ve Gudmunson, C.G. (2012). New adolescent money attitude scales: Entitlement and conscientiousness. Journal of Financial Counseling and Planning, 23(2), 18-31.
  • Bhardwaj, S. ve Bhattacharjee, K. (2010). Modeling money attitudes to predict loan default. The IUP Journal of Bank Management, 9, 12-20.
  • Bonsu, S. K. (2008). Ghanaian attitudes towards money in consumer culture. International Journal of Consumer Studies, 32(2), 171-178.
  • Engelberg, E. ve Sjöberg, L. (2006). Money attitudes and emotional intelligence. Journal of Applied Social Psychology, 36(8), 2027–2047.
  • Furnham, A. (1984). Many sides of the coin: The psychology of money usage. Personality and Individual Differences, 5(5), 501-509.
  • Greco, T. H. (2001). Money: Understanding and creating alternatives to legal tender. Vermont: Chelsea Green Publishing.
  • Handa, A., Patil, S. ve Kate, N. (2013). Analyzing the factors affecting career choices of professionals.
  • International Journal of Organizational Behaviour & Management Perspectives, 2(4), 574-580. Kalaycı, Ş. (2005). SPSS uygulamalı çok değişkenli istatistik teknikleri. Ankara: Asil Yayın Dağıtım.
  • Keller, C. ve Siegrist, M. (2006). Money attitude typology and stock investment. The Journal of Behavioral Finance, (2), 88-96.
  • Khare, A. (2014). Money attitudes, materialism, and compulsiveness: Scale development and validation.
  • Journal of Global Marketing, 27, 30-45. Lau, A. ve Pang, M. (1995). Undergraduates’ career perceptions and first job needs in Hong Kong.
  • International Journal of Career Management, 7(3), 14-24. Lent, R. W., Brown, S.D., Talleyrand, R., Mcpartland, E.B., Davis, T. ve Chopra, S. B., Alexander, M.S., Suthakaran, V. ve Chai, C.M. (2002). Career choice barriers, supports, and coping strategies: College students’ experiences.
  • Journal of Vocational Behavior, 60(1), 61-72. Li, D., Jiang, Y., An, S., Shen, Z. ve Jin, W. (2009). The influence of money attitudes on young chinese consumers’ compulsive buying. Young Consumers, (2), 98-109.
  • Lim, V. K.G. ve Teo, T.S.H. (1997). Sex, money and financial hardship: An empirical study of attitudes towards money among undergraduates in Singapore.
  • Journal of Economic Psychology, 18, 369-386. Mclean, E. R., Smits, S.J. ve Tanner, J. R. (1996). The importance of salary on job and career attitudes of information systems professionals, Information & Management, 30, 291-299.
  • Monteiro, D. L. C, Penaloza, V., Pinto, F. R., Del Carmen Denegri Coria, M. ve Calderon, L. M. O. (2015). Attitudes towards money and motivational orientation to work in brazilian young workers. Contaduría y Administración, (1), 11-30.
  • Oleson, M. (2004). Exploring the relationship between money attitudes and Maslow’s hierarchy of needs.
  • International Journal of Consumer Studies, 28(1), 83-92. Özbilgin, M., Küskü, F. ve Erdoğmuş, N. (2005). Explaining influences on career “choice”: The case of MBA students in comparative perspective. The International Journal of Human Resource Management, 16(11), 2000-2028.
  • Price, D. Z. (1968). A technique for analyzing the economic value system. Journal of Marriage and the Family, 30(3), 467-472.
  • Roberts, J. A. ve Jones, E. (2001). Money attitudes, credit card use, and compulsive buying among american college students. Journal of Consumer Affairs, 35(2), 240.
  • Roberts, J. A. ve Sepulveda, C. J. (1999). Demographics and money attitudes: A test of Yamauchi and Templer’s
  • (1982) money attitude scale in Mexico. Personality and Individual Differences, 27, 19-35.
  • Schweitzer, L., Lyons, S., Kuron, L.K.J. ve NG, E.S.W. (2014).
  • The gender gap in pre-career salary expectations: A test of five explanations. Career Development International, (4), 404-425. Taneja, R. M. (2012). Money attitude - an abridgement.
  • Researchers World Journal of Arts, Science & Commerce, (3), 94-98. Tang, T. L. (1992). The meaning of money revisited.
  • Journal of Organizational Behavior, 13, 197-202. Tang, T. L. ve Chiu, R.K. (2003). Income, money ethic, pay satisfaction, commitment, and unethical behavior:
  • Is the love of money the root of evil for Hong Kong employees? Journal of Business Ethics, 46, 13-30. Tang, T.L.P., Tang, D.S.H. ve Luna-Arocas, R. (2005).
  • Money profiles: The love of money, attitudes, and needs. Personnel Review, 34(5), 603-618. Tomlinson, M. (2007). Graduate employability and student attitudes and orientations to the labour market.
  • Journal of Education and Work, 20(4), 285-304. Wong, J. (2010). An analysis of money attitudes: Their relationships & effects on personal needs, social identity and emotions. Journal of Leadership, Accountability and Ethics, 8(1), 57-64.
  • Yamauchi, K. T. ve Templer, D.I. (1982). The development of a money attitude scale. Journal of Personality Assessment, 46 (5), 523-528.
There are 32 citations in total.

Details

Other ID JA34PZ34AE
Journal Section Research Article
Authors

Ömür Süer This is me

Hasan F. Baklacı This is me

Ecem Kocaer This is me

Publication Date November 1, 2017
Published in Issue Year 2017 Volume: 17 Issue: 4

Cite

APA Süer, Ö., Baklacı, H. F., & Kocaer, E. (2017). Impact of Money Attitude on Career Goals: A Survey on Undergraduate Students. Ege Academic Review, 17(4), 527-537.
AMA Süer Ö, Baklacı HF, Kocaer E. Impact of Money Attitude on Career Goals: A Survey on Undergraduate Students. ear. November 2017;17(4):527-537.
Chicago Süer, Ömür, Hasan F. Baklacı, and Ecem Kocaer. “Impact of Money Attitude on Career Goals: A Survey on Undergraduate Students”. Ege Academic Review 17, no. 4 (November 2017): 527-37.
EndNote Süer Ö, Baklacı HF, Kocaer E (November 1, 2017) Impact of Money Attitude on Career Goals: A Survey on Undergraduate Students. Ege Academic Review 17 4 527–537.
IEEE Ö. Süer, H. F. Baklacı, and E. Kocaer, “Impact of Money Attitude on Career Goals: A Survey on Undergraduate Students”, ear, vol. 17, no. 4, pp. 527–537, 2017.
ISNAD Süer, Ömür et al. “Impact of Money Attitude on Career Goals: A Survey on Undergraduate Students”. Ege Academic Review 17/4 (November 2017), 527-537.
JAMA Süer Ö, Baklacı HF, Kocaer E. Impact of Money Attitude on Career Goals: A Survey on Undergraduate Students. ear. 2017;17:527–537.
MLA Süer, Ömür et al. “Impact of Money Attitude on Career Goals: A Survey on Undergraduate Students”. Ege Academic Review, vol. 17, no. 4, 2017, pp. 527-3.
Vancouver Süer Ö, Baklacı HF, Kocaer E. Impact of Money Attitude on Career Goals: A Survey on Undergraduate Students. ear. 2017;17(4):527-3.