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How Appealing are Monetary Rewards in the Workplace? A Study of Ethical Leadership, Love of Money, Happiness, and Turnover Intention

Author

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  • Yau-De Wang

    (National Chiao Tung University)

  • Conna Yang

    (National Chiao Tung University)

Abstract

The importance of business ethics has proven itself to be crucial in the success of organizations over the past decade. Ethical leadership not only profoundly influences the function of the organization, but also is a deciding factor on the actions and behaviors of employees. This study aims to address this issue by examining love of money, employee well-being, and turnover intention. Data was collected via questionnaires and the results revealed ethical leadership’s contribution to a happy workplace and negative turnover intention. The results of this study offer significant findings for the meaning of ethical leadership in Asian cultures, and we also discuss how these two are linked in the article. Practical implications and further research directions are provided at the end of this study.

Suggested Citation

  • Yau-De Wang & Conna Yang, 2016. "How Appealing are Monetary Rewards in the Workplace? A Study of Ethical Leadership, Love of Money, Happiness, and Turnover Intention," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 129(3), pages 1277-1290, December.
    • Handle: RePEc:spr:soinre:v:129:y:2016:i:3:d:10.1007_s11205-015-1160-x
    DOI: 10.1007/s11205-015-1160-x
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    References listed on IDEAS

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    Cited by:

    1. Imran Shafique & Masood N. Kalyar & Bashir Ahmad, 2018. "The Nexus of Ethical Leadership, Job Performance, and Turnover Intention: The Mediating Role of Job Satisfaction," Interdisciplinary Description of Complex Systems - scientific journal, Croatian Interdisciplinary Society Provider Homepage: http://indecs.eu, vol. 16(1), pages 71-87.
    2. Jaya Ahuja & Harish Puppala & Rommel P. Sergio & Ettiene Paul Hoffman, 2023. "E-Leadership Is Un(usual): Multi-Criteria Analysis of Critical Success Factors for the Transition from Leadership to E-Leadership," Sustainability, MDPI, vol. 15(8), pages 1-20, April.
    3. Arieana Thompson & Valentina Bruk-Lee, 2021. "Employee Happiness: Why We Should Care," Applied Research in Quality of Life, Springer;International Society for Quality-of-Life Studies, vol. 16(4), pages 1419-1437, August.
    4. Chu-Mei Liu & Chieh-Peng Lin, 2018. "Assessing the effects of responsible leadership and ethical conflict on behavioral intention," Review of Managerial Science, Springer, vol. 12(4), pages 1003-1024, October.
    5. Georgios Theriou & Dimitrios Chatzoudes & Cesar Augusto Diaz Moya, 2020. "The Effect of Ethical Leadership and Leadership Effectiveness on Employee’s Turnover Intention in SMEs: The Mediating Role of Work Engagement," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 947-963.

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