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Comparing Teacher Education and Finance Majors’ Agreement with Financial Morality Topics


  • Lucey, Thomas A.
  • Bates, Alan B.


The authors describe findings of a survey that contains items related to financial morality. They analyzed responses of 382 teacher education majors and finance majors at a Midwestern institution of higher learning. The study found highest agreement with items measuring business responsibilities, and lowest agreement with items related to wealth distribution. It notes significant differences and varying effect sizes among education and finance majors’ interpretation of items concerning business responsibility, wealth distribution, and business management. Analysis of items concerning consumer attitudes and consumer behaviors found significant differences and moderate effect sizes. The authors argue for additional research that explores the concepts related to financial morality and provide suggestions for related study.

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  • Lucey, Thomas A. & Bates, Alan B., 2008. "Comparing Teacher Education and Finance Majors’ Agreement with Financial Morality Topics," 2008 Annual Meeting, July 27-29, 2008, Orlando, Florida 37874, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  • Handle: RePEc:ags:aaea08:37874

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    1. Moschis, George P, 1985. " The Role of Family Communication in Consumer Socialization of Children and Adolescents," Journal of Consumer Research, Oxford University Press, vol. 11(4), pages 898-913, March.
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