The Love of Money

The Love of Money Construct
“Those who want to get rich are falling into temptation and a trap and into many foolish and harmful desires, which plunge them into ruin and destruction. For the love of money is the root of all evils” (The Holy Bible, 1 Timothy 6: 9-10).
Following his interests in compensation (Tang, Luk, & Chiu, 2000) (Chiu, Luk, & Tang, 2001)(Tang, Tang, Tang, & Dozier, 1998) and a well-know ancient wisdom, Thomas L. Tang has focused his research on money-related attitudes for the past two decades. For example, he explored the meaning of money or the psychology of money and investigated the notion of money ethic (Tang, 1992), (Tang, 1993) (Tang, 1995) the love of money (Tang & Chiu, 2003), and the monetary intelligence as related to many other work-related constructs in organizations.
Researchers have tested an ancient proposition—the love of money is the root of all evils—empirically and found that bad apples’ love-of-money motive is related to unethical intentions in Hong Kong (Tang & Chiu, 2003), Macedonia (SardÅ¾oska & Tang, 2012), Malaysia (Wong, 2008), Swaziland (Gbadamosi & Joubert, 2005), Uganda (Nkundabanyanga et al., 2011), and the US (Vitell, Paolillo, & Singh, 2006) and predicts unethical intentions in multiple-panel studies in the US (Tang & Liu, 2012) and actual cheating behavior in China (Chen & Tang, 2013). This construct has been tested empirically in almost three dozen countries around the world. His research on the love of money has been widely cited in journal articles, textbooks, and popular books.

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