Abstract

This study investigates measurement invariance of the 17-item-4-factor Love of Money Scale across gender and college major among university students in People's Republic of China. Results revealed configural invariance across gender. Metric invariance across gender was not achieved based on chi-square change, but achieved based on fit indices change between unconstrained and constrained multi-group confirmatory factor analysis. Both configural invariance and metric invariance were achieved across college major. Results of this study suggest that the Love of Money Scale, developed in the U.S., has achieved measurement invariance in this student sample in China. Future researchers will have some confidence in using this measurement when they examine the love of money in Chinese management and organizational studies.