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

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Abstract

This article describes findings from a research survey that measured agreement with items that concerned financial morality. The authors analyzed the responses of 382 teacher education majors and finance majors at a Midwestern institution of higher learning in the USA. The study found highest agreement with items measuring business responsibilities, and lowest agreement with items related to wealth distribution. It noted significant differences and varying effect sizes among education and finance majors' interpretation of items concerning business responsibility and wealth distribution. The authors recommend additional research to interpret the concept of financial morality and provide suggestions for related study.