Money Ethics: A Comparative Analysis Of Serbs And Macedonians Cover Image

Aspekti odnosa prema novcu: komparativna analiza između Srba i Makedonaca
Money Ethics: A Comparative Analysis Of Serbs And Macedonians

Author(s): Zorica Marković, Elisaveta Sardžoska
Subject(s): Psychology
Published by: Универзитет у Нишу
Keywords: money ethics; affective; cognitive; behavioral component.

Summary/Abstract: The subject matter of this paper are the results of a study into the aspects of the money ethic of the workforce in Macedonia and Serbia. The study was carried out on a sample of 400 participants of both sexes (200 from each country), aged 19 to 63, of various levels of education (high school, community college and university). Their money ethics were measured with the help of the MES scale – the Money Ethic Scale (Tang, 1999) which consisted of 58 items on a Likert scale, with five different degrees used to express the degree of agreement with each of the items. The scale measures the affective component towards money (10 items), the behavioral component (14 items) and the cognitive component (34 items). The results indicate a significant difference in the overall money ethics between the workforce in Serbia and Macedonia (t=2.519; p<0.012), as well as in the affective and behavioral component (t=3.666 p<0.000; t=3.447 p<0.001). The results are based on the following components: money is evil and money is good (the affective component); investing money, budget planning, saving money and giving money to charity (behavioral component); and self-respect based on the possession of money (cognitive component). The Macedonians scored higher values than the Serbs on all of the components except the cognitive component (respect). We can conclude that the various attitudes of the workforces towards money are a result of the specific socio-economic factors and the working environment of each of the compared countries - Macedonia and Serbia

  • Issue Year: 2011
  • Issue No: 02
  • Page Range: 203-216
  • Page Count: 14
  • Language: English