College Students' Interpretations of Financial Morality: An International Comparison


  • Alan Bates Illinois State University
  • Thomas Lucey Illinois State University
  • Taki Inose Hirosaki University
  • Eiji Yamane Mie University
  • Vicki Green University of British Columbia


social studies, citizenship, morality, financial literacy


The authors claim that the distinction between social convention and moral behavior represents a critical understanding for citizenship education. In a global setting of diminishing natural resources where a small percentage of people argue for their control through a conception of merit, the importance of understanding differences between these concepts as they relate to personal finance represents a worthy citizenship consideration. The paper describes a research study that compare understandings of financial morality among college students from the United States, Japan, and Canada.  The analysis found that cross-cultural differences  in articulations of financial morality between Japanese education and business students and those from the US and Canada. The value of this research lies within the importance of being cognizant of cross-cultural differences about perspectives of financial ideas in global communications and in educational processes.