Money and Globalization

Money is the instrument of commerce and a measure of value. Globalization has created economic prosperity for citizens around the world. These challenges have changed how people work, live, and do business.

About the Book

Monetary Wisdom: Monetary Aspirations and Decision-Making presents an excellent collection of innovative and a multi-cultural view of how money has affected decision making not only at an individual level but at organizational level.

Key Topics

• Discusses the powerful motivators of money and the connection to ethical decision-making both in organizations and social life.
• Inspires readers to learn one of the world's most often used money attitude measures.
• Notes that, in modern societies, money is power at the individual level.
• Suggests that monetary aspirations (not money itself) predict cheating.
• Profiles that reducing stress curbs dishonesty directly and indirectly.
• Illustrates that leaders promote employees' honesty and creativity.
• Reveals how corruption expands prospect theory to a global level.
• Explores the contexts to achieve balanced aspirations and serenity.