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Exploring the Antecedents of Money Attitudes in China: Evidence From University Students

With rapid economic growth and institutional reform, the pursuit of money and material possessions has become the most prevalent value in contemporary China. This study focuses on the cultural root of money attitudes among the young adults. Specifically, 332 Chinese university students participated...

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Detalles Bibliográficos
Autores principales: Li, Yuqian, Hu, Fengfei
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Frontiers Media S.A. 2022
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9200060/
https://www.ncbi.nlm.nih.gov/pubmed/35719544
http://dx.doi.org/10.3389/fpsyg.2022.888980
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author Li, Yuqian
Hu, Fengfei
author_facet Li, Yuqian
Hu, Fengfei
author_sort Li, Yuqian
collection PubMed
description With rapid economic growth and institutional reform, the pursuit of money and material possessions has become the most prevalent value in contemporary China. This study focuses on the cultural root of money attitudes among the young adults. Specifically, 332 Chinese university students participated in a survey to report on their need for power, need for achievement, belief in guanxi, and love of money. Confirmatory factor analysis and regression analysis were applied to test the proposed hypotheses. The results show positive influences of need for power and need for achievement on individuals’ love of money. Moreover, belief in guanxi mediates the relationship between need for power and love of money. The application of indigenous cultural concepts in analyzing social behavior in Eastern cultures is emphasized. Limitations and directions for future research are also discussed.
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spelling pubmed-92000602022-06-16 Exploring the Antecedents of Money Attitudes in China: Evidence From University Students Li, Yuqian Hu, Fengfei Front Psychol Psychology With rapid economic growth and institutional reform, the pursuit of money and material possessions has become the most prevalent value in contemporary China. This study focuses on the cultural root of money attitudes among the young adults. Specifically, 332 Chinese university students participated in a survey to report on their need for power, need for achievement, belief in guanxi, and love of money. Confirmatory factor analysis and regression analysis were applied to test the proposed hypotheses. The results show positive influences of need for power and need for achievement on individuals’ love of money. Moreover, belief in guanxi mediates the relationship between need for power and love of money. The application of indigenous cultural concepts in analyzing social behavior in Eastern cultures is emphasized. Limitations and directions for future research are also discussed. Frontiers Media S.A. 2022-06-01 /pmc/articles/PMC9200060/ /pubmed/35719544 http://dx.doi.org/10.3389/fpsyg.2022.888980 Text en Copyright © 2022 Li and Hu. https://creativecommons.org/licenses/by/4.0/This is an open-access article distributed under the terms of the Creative Commons Attribution License (CC BY). The use, distribution or reproduction in other forums is permitted, provided the original author(s) and the copyright owner(s) are credited and that the original publication in this journal is cited, in accordance with accepted academic practice. No use, distribution or reproduction is permitted which does not comply with these terms.
spellingShingle Psychology
Li, Yuqian
Hu, Fengfei
Exploring the Antecedents of Money Attitudes in China: Evidence From University Students
title Exploring the Antecedents of Money Attitudes in China: Evidence From University Students
title_full Exploring the Antecedents of Money Attitudes in China: Evidence From University Students
title_fullStr Exploring the Antecedents of Money Attitudes in China: Evidence From University Students
title_full_unstemmed Exploring the Antecedents of Money Attitudes in China: Evidence From University Students
title_short Exploring the Antecedents of Money Attitudes in China: Evidence From University Students
title_sort exploring the antecedents of money attitudes in china: evidence from university students
topic Psychology
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9200060/
https://www.ncbi.nlm.nih.gov/pubmed/35719544
http://dx.doi.org/10.3389/fpsyg.2022.888980
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