2012
DOI: 10.1111/j.1464-0597.2012.00533.x
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Materialism and the Bright and Dark Sides of the Financial Dream in Spain: The Positive Role of Money Attitudes-The Matthew Effect

Abstract: Research suggests that materialism leads to the dark side of the financial dream. In this study, we treat love of money as a mediator and test a theoretical model's direct path (Materialism to Financial Satisfaction) and indirect path (Materialism to Love of Money to Financial Satisfaction) simultaneously using the whole sample and across several demographic variables based on 1,011 citizens in Spain. Results for the whole sample showed that the positive indirect effect suppressed the negative direct effect cr… Show more

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Cited by 56 publications
(23 citation statements)
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“…Both the Chinese national culture and their religion stress sharing practices: Buddhism emphasizes ''dana,'' or generous sharing; and Confucianism ''shi,'' or giving, 5 as antidote to consumerism. The result is not only less materialism (Lemrová et al 2014;Tang et al 2014), but also more community. Sharing is viewed as a prescribed norm in China with the concept of ''zhanguang'' (meaning share the light) (Belk 2007).…”
Section: Peer Involvementmentioning
confidence: 87%
“…Both the Chinese national culture and their religion stress sharing practices: Buddhism emphasizes ''dana,'' or generous sharing; and Confucianism ''shi,'' or giving, 5 as antidote to consumerism. The result is not only less materialism (Lemrová et al 2014;Tang et al 2014), but also more community. Sharing is viewed as a prescribed norm in China with the concept of ''zhanguang'' (meaning share the light) (Belk 2007).…”
Section: Peer Involvementmentioning
confidence: 87%
“…Materialistic consumers think that they are the sum of their possessions (Belk 1984(Belk , 1988Easterlin and Crimmins 1991;Richins 2004;Richins and Dawson 1992;Tang, Luna-Arocas et al 2014). Materialists judge their own and others' success by the quantity and quality of possessions accumulated (Success).…”
Section: Religiosity and The Ten Commandmentsmentioning
confidence: 99%
“…After passing the threshold, or the upper bar (Edmans, ), perceived CSR excites not only employees' ordinary feelings but also their passionate emotional excitement about their organization and thus exhibits an exponentially high level of organizational pride (Jones, ; Onkila, ), which affects other work‐related emotions. We extend the Matthew Effect in science and many fields (Merton, ; Stanovich, ; Tang, ; Tang et al, ; Azoulay et al ., ; Tang et al ., , ), to the Matthew Effect in CSR and sustainable policy. The Matthew Effect's double‐edged sword creates bright and the dark sides: The rich get richer and the poor get poorer.…”
Section: Introductionmentioning
confidence: 99%