Culture and Love of Money: Evidence From the Iberian Peninsula and U.S. Hispanic Residents

2019 ◽  
Vol 41 (4) ◽  
pp. 550-571 ◽  
Author(s):  
Tânia M. G. Marques ◽  
Cátia Crespo ◽  
Sanjay T. Menon ◽  
Jorge F. S. Gomes ◽  
Sonia R. Gilmartin
Keyword(s):  
Organizational Behavior ◽  
Cultural Values ◽  
Structural Equation ◽  
Equation Modeling ◽  
Organizational Policies ◽  
Love Of Money ◽  
The Love Of Money ◽  
Different Cultures ◽  
New Evidence

Money has become a key element in any kind of relationship, both within and outside national borders. However, different cultures may give money a distinct role in society. Hence, the current study investigated the relationship between cultural values and the love of money. A survey was carried out to collect data from 813 individuals in total, 613 Spanish and Portuguese and 200 U.S. Hispanic. The hypotheses were tested through structural equation modeling (SEM) with partial least squares (PLS). Despite several differences in the results of both samples, Iberian and North American Hispanic samples have in common the fact that long-term orientation and indulgence positively influence the love of money budget factor. This study presents new evidence and reinforces fresh insights for managers to better understand their staff worldwide. Furthermore, organizational policies and practices related to ethics and organizational behavior should be adequately implemented, according to the love of money perception of members of their teams.

scholarly journals THE ROLE OF CUSTOMERS’ CULTURAL VALUES IN DEVELOPING E-LOYALTY: EMPIRICAL STUDY ON BSM KUDUS BRANCH

ADDIN ◽  
2017 ◽  
Vol 10 (2) ◽  
pp. 473
Author(s):  
Tulus Haryono ◽  
Hunik Sri Runing Sawitri ◽  
Mugi Harsono ◽  
Ekawati Rahayu Ningsih
Keyword(s):  
Cultural Values ◽  
Relationship Marketing ◽  
Structural Equation ◽  
Integrative Model ◽  
Equation Modeling ◽  
Marketing Theory ◽  
Significant Relation ◽  
Cultural Approach

Objective of the study this paper is to discuss result of the study which examines effects of customers’ cultural values in developing <em>e-loyalty</em> in globalization era and integrative model which based on relationship marketing theory. These customers’ cultural values include personal relationship, long-term relationship, credibility among organizations, and English capability. Design/methodology/approach in this study is using triangulation approach consisted of survey on 17 customers, interview with manager, and instrument data processing of 200 respondents based on <em>Structural Equation Modeling</em> (SEM), its result shows that there is significant relation among customers’ cultural values in developing <em>e-loyalty </em>of Sharia banking especially in BSM Kudus Branch. Knowledge provided in this paper is expected to be able to help bank manager in handling issues of decreasing customers’ <em>e-loyalty</em> of Sharia banking by cultural approach.

Examining relationships among cultural factors and expectations of CSR

2019 ◽  
Vol 23 (4) ◽  
pp. 427-443
Author(s):  
Minsoo Kim ◽  
Candace White ◽  
Chansouk Kim
Keyword(s):  
Cultural Values ◽  
Structural Equation ◽  
Statistical Tests ◽  
Cultural Factors ◽  
Cultural Dimensions ◽  
Equation Modeling ◽  
Content Type ◽  
Different Types ◽  
The Relationship

Purpose Studies have explored expectations of corporate social responsibility (CSR) among cultures, but findings are mixed. A more nuanced view of cultural dimensions rather than using Hofstede’s aggregate country scores can offer a stronger empirical foundation for studying the effects of culture. Based on two cultural dimensions and Carroll’s four-dimensional model of CSR, the purpose of this paper is to test the relationship between individualistic/collectivistic values and individuals’ expectations of different types of responsibilities (economic, legal, ethical and philanthropic), the relationship between long-term values and individuals’ expectations of different types of responsibilities and the degree of skepticism about CSR related to these values. Design/methodology/approach This study surveyed panel participants in two countries, South Korea (collectivistic and long term) and the USA (individualistic and short term), chosen because they are at extreme ends of the cultural values continuum. Multi-dimensional aspects of the cultural variables were tested in the samples rather than using national scores as proxy variables for culture. Data were quantitative and various statistical tests including structural equation modeling were used for analysis. Findings The findings show that horizontal collectivism and the planning dimension of long-term orientation are positively associated with CSR expectations, whereas the tradition dimension of long-term orientation is negatively associated with CSR expectations. In addition, vertical individualism is positively associated with skepticism toward CSR activities. Research limitations/implications The differences in types of individual-collectivism (horizontal and vertical) as well as the different aspects of long-term orientation had an effect on the results, pointing to the importance of exploring the nuances of the dimensions as well as the importance of testing them within the sample rather than using aggregated national scores. Originality/value Previous studies that used a proxy variable for culture assumed that collectivistic cultures have higher expectations for CSR. While empirically supporting the assumption of the relationship between cultural factors and CSR expectations at the individual level, the study found that people who view themselves as autonomous within a group but accept inequality within the group (vertical individualism) are more likely to be skeptical of CSR activities and suggests that skepticism about CSR may be more closely related to individual viewpoints or to particular contexts or particular corporations rather than to cultural factors, which has implications for international corporate communication.

scholarly journals PENGARUH PENDAPATAN DAN KECERDASAN SPIRITUAL TERHADAP PERSEPSI ETIS MAHASISWA DENGAN LOVE OF MONEY SEBAGAI VARIABEL INTERVENING

2017 ◽  
Vol 4 (2) ◽  
pp. 193
Author(s):  
Ahdaf Arridla
Keyword(s):  
Significant Relationship ◽  
Structural Equation ◽  
Sampling Technique ◽  
Spiritual Intelligence ◽  
Equation Modeling ◽  
State University ◽  
Ethical Perception ◽  
Love Of Money ◽  
The Love Of Money ◽  
Quantitative Descriptive

This study aimed to analyze the influence of income, gender on love of money. and the influence of spiritual intelligence, sex, love of money on ethical perception of students. This research was conducted at the Faculty of Economics, Accounting Department, State University of Surabaya. This type of research is quantitative descriptive. The sampling technique used in this research is proportional random sampling. The number of samples used were 146 respondents. Data analysis Structural Equation Modeling (SEM). The results showed that there was no significant relationship between the income of the love of money. There is a significant relationship between spiritual intelligence of students to the ethical perception of students. and there is significant influence between the love of money against the ethical perception of students

Green product preferences considering cultural influences: a comparison study between Malaysia and Indonesia

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Ihwan Ghazali ◽  
Salwa Hanim Abdul-Rashid ◽  
Siti Zawiah Md Dawal ◽  
Hideki Aoyama ◽  
Novita Sakundarini ◽  
...  
Keyword(s):  
Cultural Values ◽  
Structural Equation ◽  
Power Distance ◽  
Reliability And Validity ◽  
Cultural Influences ◽  
Uncertainty Avoidance ◽  
Equation Modeling ◽  
Green Products ◽  
Content Type

PurposeThere is an increasing awareness among manufacturers to make production more sustainable in Southeast Asian countries such as Malaysia and Indonesia. Manufacturers are now urged to not only focus on the business profit but also concern on environment protection by producing green products. However, issues may arise regarding the preferences of customers on green products, which will vary due to the influence of cultural values. This will give an impact on the marketing of green products. The aim of this study is to identify the influence of cultural values on the green products design in Malaysia and Indonesia.Design/methodology/approachA pretest on the survey instruments was performed to ensure the reliability and validity of the questionnaire. The collected data were statistically analyzed based on the satisfaction level, confirmatory factor analysis and structural equation modeling.FindingsThe results showed that customer preferences in Malaysia were mostly influenced by uncertainty avoidance, long-term orientation and power distance, excluding collectivism and masculinity. In Indonesia, the dimension of uncertainty avoidance and long-term orientation had significant influence, whereas power distance, masculinity and collectivism dimension had no influence. Eco-label was identified as the most important factor for green products in Malaysia and having product services characteristics factor for product lifetime extension in Indonesia.Practical implicationsFor practices, the cultural values and preferred characteristics identified in this study provide valuable information to policymakers and businesses on what draws customers toward green products in Malaysia and Indonesia. This finding can be used as supported data for the policymakers in order to achieve sustainable development goal (SDGs) in Malaysia and Indonesia.Originality/valueThe findings of this study provide valuable information for designers to design products with green characteristics that cater to the consumer market in Malaysia and Indonesia, as well as other countries which may have similar cultural traits.

scholarly journals The effect of risk communication on preventive and protective Behaviours during the COVID-19 outbreak: mediating role of risk perception

2021 ◽  
Vol 21 (1) ◽  
Author(s):  
Seyed Taghi Heydari ◽  
Leila Zarei ◽  
Ahmad Kalateh Sadati ◽  
Najmeh Moradi ◽  
Maryam Akbari ◽  
...  
Keyword(s):  
Risk Perception ◽  
Risk Communication ◽  
Structural Equation ◽  
Online Survey ◽  
Equation Modeling ◽  
Mediating Role ◽  
Positive Effects ◽  
Global Pandemic ◽  
And Control ◽  
New Evidence

Abstract Background The COVID-19 outbreak is a global pandemic, during which the community preventive and protective behaviors play a crucial role in the containment and control of infection. This study was designed to contribute to the existing knowledge on how risk communication (RC) and risk perception (RP) affect protective and preventive behaviors (PPB) during the COVID-19 outbreak. Methods The required data were extracted from a national online survey of Iranian adults aged 15 and older during March 15–19, 2020 (n=3213). Data analysis was performed using structural equation modeling. Results The study findings reveal that RC has direct and indirect positive effects on PB. Furthermore, this study also provides new evidence indicating that RP mediates the relationship between RC and PB and there is a two-way relationship between RC and RP. These interactions may have impact on risk communication strategies which should be adopted during this pandemic. Conclusion The study findings have remarkable implications for informing future communications as well as interventions during this ongoing outbreak and subsequent national risk events.

Green Practices Implementation as Prerequisite to Sustain Firm Competitive Advantages

2015 ◽  
Vol 6 (4) ◽  
pp. 34-53
Author(s):  
Kardison Lumbanbatu ◽  
Vincent Didiek Wiet Aryanto
Keyword(s):  
Product Innovation ◽  
Structural Equation ◽  
Large Scale ◽  
Management Practices ◽  
Corporate Image ◽  
Equation Modeling ◽  
Competitive Advantages ◽  
Green Management ◽  
Marketing Performance

Encompassing firms to apply green policy in a holistic management practices are strongly required in order to maintain competitive advantages and experience long-term marketing performance. This current empirical research is aimed to fill the lack of empirical findings and empirical studies on firm's innovative concept. Green-based product innovation, green management practices and green corporate image are presented as the antecedents and postulated as the sources of sustaining firm competitive advantages. A questionnaire-based survey was deployed to collect data from Large Scale Enterprises in Indonesia with Top Management, Operational and Marketing Managers served as respondents. 500 questionnaires were mailed and 388 were valid for further analysis. Data was analyzed by using Confirmatory Factor Analysis (CFA) and Structural Equation Modeling (SEM) via AMOS statistical software. Statistical findings demonstrated that green-based product innovation, green management practices and green corporate image significantly has a positive affect to sustain firm competitive advantages which is led to enhance long term marketing performance. However, green-based product innovation plays insignificant direct relationship on long term marketing performance. This study discusses some managerial implications for enterprises and recommendations on a basis of green implementation.

scholarly journals Proposing a model for absorption capacity of technology

2015 ◽  
Vol 4 (1) ◽  
pp. 113 ◽  
Author(s):  
Hossein Gholizadeh ◽  
Ali Bonyadi Naeini ◽  
Alireza Moini
Keyword(s):  
Structural Equation Modeling ◽  
Structural Equation ◽  
Developed Countries ◽  
Absorption Capacity ◽  
Equation Modeling ◽  
Technological Gap ◽  
Expert Opinions ◽  
Modeling Analysis ◽  
Effective Dimensions

Absorption capacity of knowledge is the concept which is been introduced in this situation. This phenomenon describes why some countries are in a better condition with a view to technology. Many countries believe that the power to stay in the battle and excel other competitors directly depends on their abilities in taking knowledge. Many countries have used their technological gap with developed countries as an accelerator for improving their absorption capacity. In this study, authors tried to produce a complete definition for absorption capacity through analyzing different research. Then with using expert opinions, a categorization for dimensions of absorption capacity will be prepared by using the structural equation modeling analysis, and finally a model for measuring absorption capacity is suggested. The results show effective dimensions in 5 different section. Studies depict that the most important one is keeping which could be a fundamental for long-term policies of 1404.

Work climate, innovativeness, and firm performance in the US forest sector: in search of a conceptual framework

2008 ◽  
Vol 38 (7) ◽  
pp. 1703-1715 ◽  
Author(s):  
Pablo Crespell ◽  
Eric Hansen
Keyword(s):  
Firm Performance ◽  
Organizational Behavior ◽  
Structural Equation ◽  
Value Added ◽  
Forest Products ◽  
Work Climate ◽  
Wood Products ◽  
Equation Modeling ◽  
Forest Sector ◽  
The Us

Innovativeness can help companies differentiate themselves, with the ultimate goal of securing survival and improving performance. Modern theories in organizational behavior look at innovation as something that starts with individual creativity but that is also affected by the work environment. Using one broad industry sector, the US forest products industry, this study attempts to integrate into a unifying model the concepts of work climate, innovativeness, and firm performance using structural equation modeling. Results support the proposed theoretical model, with some modifications, finding a positive and significant relationship among all factors. Having innovation as a core part of a company’s strategy and fostering a climate for innovation positively affects the degree of innovativeness and performance of a company. This is especially true for secondary or value-added wood products manufacturers. A climate for innovation is characterized by high levels of autonomy and encouragement, team cohesion, openness to change and risk taking, and sufficient resources available to people. Lack of a validation sample suggests treating the model as tentative until further testing.

scholarly journals Early Predictors of Long-Term Disability After Injury

2003 ◽  
Vol 12 (3) ◽  
pp. 197-205 ◽  
Author(s):  
Therese S. Richmond ◽  
Donald Kauder ◽  
Janice Hinkle ◽  
Justine Shults
Keyword(s):  
At Risk ◽  
Structural Equation Modeling ◽  
Psychological Distress ◽  
Structural Equation ◽  
Equation Modeling ◽  
Specific Information ◽  
Care Providers ◽  
Early Predictors ◽  
Patients At Risk

• Background Improving outcomes after serious injury is important to patients, patients’ families, and healthcare providers. Identifying early risk factors for long-term disability after injury will help critical care providers recognize patients at risk. • Objectives To identify early predictors of long-term disability after injury and to ascertain if age, level of disability before injury, posttraumatic psychological distress, and social network factors during hospitalization and recovery significantly contribute to long-term disability after injury. • Methods A prospective, correlational design was used. Injury-specific information on 63 patients with serious, non–central nervous system injury was obtained from medical records; all other data were obtained from interviews (3 per patient) during a 2½-year period. A model was developed to test the theoretical propositions of the disabling process. Predictors of long-term disability were evaluated using path analysis in the context of structural equation modeling. • Results Injuries were predominately due to motor vehicle crashes (37%) or violent assaults (21%). Mean Injury Severity Score was 13.46, and mean length of stay was 12 days. With structural equation modeling, 36% of the variance in long-term disability was explained by predictors present at the time of injury (age, disability before injury), during hospitalization (psychological distress), or soon after discharge (psychological distress, short-term disability after injury). • Conclusions Disability after injury is due partly to an interplay between physical and psychological factors that can be identified soon after injury. By identifying these early predictors, patients at risk for suboptimal outcomes can be detected.

scholarly journals Empirical Study on Enhancing Medical Service Performance with Intellectual Capital through Process Capability

2020 ◽  
pp. 57-63
Author(s):  
Ya-Ping Hu ◽  
Yi-Ming Chiang
Keyword(s):  
Empirical Study ◽  
Intellectual Capital ◽  
Structural Equation ◽  
Medical Service ◽  
Process Capability ◽  
Service Performance ◽  
Equation Modeling ◽  
Modeling Techniques ◽  
Synergistic Relationships

This study investigates the synergistic relationships among intellectual capital, process capability, and medical service performance. An empirical study was conducted by using a second-order research framework. Data were collected through a questionnaire survey, and structural equation modeling techniques were used to analyze the data. An empirical analysis revealed that intellectual capital is a major factor influencing final medical service performance. This major factor should be carefully improved to increase process capability in hospitals in the long term. Hospitals account for a substantial proportion of the intellectual capital in the health-care industry, and, thus, should improve their process capability to achieve high medical service performance.

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