Article Sidebar

Download
PDF

Main Article Content

Abstract

This study aims to identify and examine the factors influencing the ethical perceptions of Generation Z accounting students in Indonesia, considering the roles of Love of Money, lifestyle, Machiavellian traits, and ethical knowledge. A quantitative approach was employed using a survey method, with questionnaires distributed to 276 respondents selected through purposive and convenience sampling techniques. The collected data were analyzed using Partial Least Squares-Structural Equation Modeling (PLS-SEM) with SmartPLS software version 4.1.1.6 to assess both the measurement and structural models. The results indicate that Love of Money has a positive and significant effect on students' ethical perceptions, suggesting that monetary orientation can coexist with ethical considerations in decision-making. Lifestyle also demonstrates a positive and significant impact on ethical perceptions, showing that students' habits, consumption patterns, and social environments shape their ethical judgments. In contrast, Machiavellianism does not significantly affect ethical perceptions, indicating that manipulative tendencies are not dominant factors in the moral evaluations of Generation Z accounting students. Ethical knowledge emerges as the strongest factor shaping students' ethical perceptions among examined variables. These findings highlight the importance of strengthening ethics education in higher education to develop prospective accountants with integrity who are capable of making responsible professional decisions

Keywords

Love of Money; Lifestyle; Machiavellian; Ethical Knowledge; Ethical Perception

Article Details

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

How to Cite
Juliofano, R. (2026). The The Influence of Love of Money, Lifestyle, Machiavellianism, and Ethical Knowledge on the Ethical Perceptions of Accounting Students in Indonesia. Amkop Management Accounting Review (AMAR), 6(1), 773–791. https://doi.org/10.37531/amar.v6i1.3625
Download Citation
Endnote/Zotero/Mendeley (RIS)
BibTeX

References

  1. Ajzen, I. (1991). The theory of planned behavior. Organizational Behavior and Human Decision Processes, 50(2), 179–211. https://doi.org/10.1016/0749-5978(91)90020-T
  2. Alfitriani, A., Erawati, T., & Suyanto, S. (2021). Pengaruh Idealisme, Relativisme, Pendidikan Etika Bisnis, Dan Love Of Money Terhadap Persepsi Etis Mahasiswa Akuntansi Tentang Krisis Etika Akuntan (Studi Kasus Pada Mahasiswa Akuntansi UST). Invoice : Jurnal Ilmu Akuntansi, 3(2), 258–284. https://doi.org/10.26618/inv.v3i2.6031
  3. Aries Wicaksono, S. K. (2025). Efishery – Fraud case yang mengguncang dunia Startup. Binus University Online Accounting. https://online.binus.ac.id/accounting/2025/03/12/efishery-fraud-case-yang-mengguncang-dunia-startup/
  4. Audri, C. V., Putra, W. E., & Gowon, M. (2025). Pengaruh Pengetahuan Etika dan Gender terhadap Persepsi Etis Mahasiswa Akuntansi dengan Love of Money Sebagai Variabel Intervening. Ekonomis: Journal of Economics and Business, 9(1), 528. https://doi.org/10.33087/ekonomis.v9i1.1888
  5. Bitter, A. (2025). Macy’s executives will have to pay back over $600,000 after an accounting scandal inflated their bonuses. Business Insider. https://www.businessinsider.com/macys-executives-pay-back-600k-bonuses-accounting-scandal-2025-4
  6. Cendekiawan, I., Akuntansi, M., Assyifa, M. N., & Agustina, Y. (2024). Jurnal Akuntansi Publik Nusantara ( JURALINUS ) Potret Perilaku Koruptif pada Kalangan Mahasiswa Akuntansi. 2(1), 31–41. https://doi.org/10.61754/juralinus.v2i1
  7. Chairani, S., Nurhazana, dan, Studi Akuntansi Kuangan Publik, P., & Negeri Bengkalis, P. (2020). Peran Mata Kuliah Etika Profesi Terhadap Perkembangan Perilaku Etis Mahasiswa. Jurnal IAKP: Jurnal Inovasi Akuntansi Keuangan & Perpajakan, 1(2), 114–127. https://doi.org/10.35314/.V1I2.1642
  8. Dali, N., Arifuddin, & Dwi Jumatrianing, A. (2022). Pengaruh Love Of Money Dan Machiavellian Terhadap Persepsi Etis Mahasiswa Akuntansi (Studi Empiris pada Mahasiswa Akuntansi Universitas Halu Oleo). Jurnal Akuntansi Dan Keuangan (JAK), 7(2), 122–130. https://dx.doi.org/10.29103/jak.v6i1.1821
  9. Efrianti, A., Santi, E., & Oliyan, F. (2023). Pengaruh Pengetahuan Etika, Religiusitas, dan Love of Money Terhadap Persepsi Etis Mahasiswa Akuntansi (Studi Kasus Mahasiswa Akuntansi Politeknik Negeri Padang). Jurnal Akuntansi, Bisnis Dan Ekonomi Indonesia (JABEI), 2(2), 105–117. https://doi.org/10.30630/jabei.v2i2.58
  10. Elias, R. Z., & Farag, M. (2010). The relationship between accounting students’ love of money and their ethical perception. Managerial Auditing Journal, 25(3), 269–281. https://doi.org/10.1108/02686901011026369
  11. Fina, S. A., & Laily, N. (2021). Muatan Etika Dalam Pengajaran Akuntansi Serta Pengaruhnya Terhadap Perkembangan Moral Mahasiswa Akuntansi. Jurnal Pendidikan Ekonomi (JUPE), 09, 43–47. https://doi.org/10.26740/jupe.v9n1.p43-47
  12. Hair, J., & Alamer, A. (2022). Partial Least Squares Structural Equation Modeling (PLS-SEM) in second language and education research: Guidelines using an applied example. Research Methods in Applied Linguistics, 1(3), 100027. https://doi.org/10.1016/J.RMAL.2022.100027
  13. Henseler, J., Ringle, C. M., & Sarstedt, M. (2015). A new criterion for assessing discriminant validity in variance-based structural equation modeling. Journal of the Academy of Marketing Science, 43(1), 115–135. https://doi.org/10.1007/S11747-014-0403-8
  14. Imadah, S. Al, Khasanah, U., Naima, W., Yuliani, W., Nusa, W. N., & Lingga, Y. N. (2025). Pelanggaran Kode Etik Profesi Akuntan (Auditor) terhadap Kasus Suap Bupati Kabupaten Bogor Tahun 2022. Media Mahasiswa Indonesia. https://mahasiswaindonesia.id/pelanggaran-kode-etik-profesi-akuntan-auditor-terhadap-kasus-suap-bupati-kabupaten-bogor-tahun-2022/
  15. Istiqomah, R., Fitrijanti, T., & Puspitasari, E. (2024). Pengaruh love of money dan machiavellianisme terhadap perilaku etis auditor dengan religiusitas sebagai pemoderasi. Kompartemen : Jurnal Ilmiah Akuntansi, 22(2), 180. https://doi.org/10.30595/kompartemen.v22i2.21727
  16. Kessler, S. R., Bandelli, A. C., Spector, P. E., Borman, W. C., Nelson, C. E., & Penney, L. M. (2010). Re-examining machiavelli: A three-dimensional model of machiavellianism in the workplace. Journal of Applied Social Psychology, 40(8), 1868–1896. https://doi.org/10.1111/J.1559-1816.2010.00643.X
  17. Kristyaningrum, T. A., & Anindya, K. N. (2025). Pengaruh Fintech Payment dan Literasi Keuangan terhadap Perilaku Konsumtif Mahasiswa. Competence : Journal of Management Studies, 19(2), 39–49. https://doi.org/10.21107/KOMPETENSI.V19I2.31931
  18. Magdalena, M., Putri, D., & Setyani, A. Y. (2025). Analisis Persepsi Mahasiswa Akuntansi Terhadap Etika Profesi Akuntan Pada Perguruan Tinggi Yogyakarta. 6(1), 433–441. https://doi.org/10.38035/jafm.v6i1.1722
  19. Mcguire, D., Hutchings, K., Mcguire, D., & Hutchings, K. (2006). A Machiavellian analysis of organisational change. https://doi.org/10.1108/09534810610648906
  20. Mubako, G., Bagchi, K., Udo, G., & Marinovic, M. (2020). Personal Values and Ethical Behavior in Accounting Students. Journal of Business Ethics 2020 174:1, 174(1), 161–176. https://doi.org/10.1007/S10551-020-04606-1
  21. Muhdar, N., Sinen, K., Kusumaningrum, S., Akuntansi, P., & Khairun, U. (2026). Pengaruh Love of Money, Machiavellianisme dan Penalaran Moral terhadap Persepsi Etis Mahasiswa Akuntansi dengan Sensitivitas Etis sebagai variabel Moderasi. Owner : Riset Dan Jurnal Akuntansi, 10(1), 546–558. https://doi.org/10.33395/OWNER.V10I1.2934
  22. Muna, C. N. (2021). Pengaruh Love of Money, Perilaku Machivellian, Religiusitas Dan Gender Terhadap Persepsi Etis Mahasiswa Akuntansi. Journal of Economic, Business and Engineering (JEBE), 2(2), 235–244. https://doi.org/10.32500/jebe.v2i2.1738
  23. Puspadini, M. (2025). Daya Beli Warga RI Melemah, tapi Kenapa Pay Later Tumbuh Kencang? CNBC Indonesia. https://www.cnbcindonesia.com/market/20250422123538-17-627773/daya-beli-warga-ri-melemah-tapi-kenapa-pay-later-tumbuh-kencang
  24. Putu, N., Astiti, A., Astari, M., & Sinarwati, N. K. (2025). Orientasi Etis , Love Of Money , Machiavellian , dan Pengetahuan Etika Terhadap Persepsi Mahasiswa Akuntansi Mengenai Perilaku Tidak Etis Akuntan. 9(1), 31–38. https://dx.doi.org/10.23887/jppsh.v9i1.52165
  25. Rachman, R. A., Yuhertiana, I., & Wilasittha, A. A. (2024). Pengaruh Literasi Keuangan, Gaya Hidup, Dan Financial Distress Terhadap Perilaku Keuangan Mahasiswa Akuntansi UPN Veteran Jawa Timur. Journal of Economic, Bussines and Accounting (COSTING), 7(4), 8284–8293. https://doi.org/10.31539/costing.v7i4.10585
  26. Richmond, K. A., Anderson, J. C., Barkhi, R., Brown, R. M., Kubin, K. W., & Smith-Jackson, T. (2001). Ethical Reasoning, Machiavellian Behavior, and Gender: The Impact on Accounting Students’ Ethical Decision Making. https://vtechworks.lib.vt.edu/server/api/core/bitstreams/7b5442fa-f35a-4001-96ce-e62ba0e27603/content
  27. Rinaldy, S., Amin, A., & Shalsabila, A. (2020). Prinsip Etika Profesi Akuntan : Persepsi Mahasiswa. Bongaya Journal for Research in Accounting (BJRA), 3(2), 106–114. https://doi.org/10.37888/bjra.v3i2.231
  28. Sakinah. (2025). Pendidikan Etika Profesi Terhadap Tingkat Kesadaran Etis Mahasiswa Akuntansi Universitas Negeri Makassar. Jurnal Aktiva : Riset Akuntansi Dan Keuangan, 7(1), 25–37. https://doi.org/10.52005/aktiva.v7i1.287
  29. Sapariyah, R. A., Khristiana, Y., Prabandari, Y. E. P., & Husain, T. (2025). Analysis of Love of Money, Machiavellian on Ethical Knowledge and Ethical Perception of Accountant Behavior: Study on Accountant Behavior in Surakarta. Journal of Finance and Business Digital, 4(2), 459–472. https://doi.org/10.55927/jfbd.v4i2.214
  30. Setiani, F. D., & Rita, M. P. (2021). Motivation , Acceptance of Accounting and Students. SEGMEN Jurnal Manajemen Dan Bisnis, 17(1), 21–41. https://doi.org/10.37729/sjmb.v17i1.6385
  31. Sofyani, Ahda Niha Fazura, S., Romadhotul Mawadah, I., & Ilma Huzaimah, N. (2025). Pengaruh Gaya Hidup Konsumtif Pada Mahasiswa Universitas Tulungagung Terhadap Keputusan Penggunaan Pembayaran Digital Aplikasi Dana. Jurnal Mahasiswa Manajemen, Bisnis, Entrepreneurship, 4(1), 11–22. https://doi.org/10.36563/jimbien.v4i1.1589
  32. Suyanto, S., Putri, F. K., & Dewi, W. P. (2024). Literasi Keuangan, Gaya Hidup, dan Pengelolaan Keuangan Mahasiswa Akuntansi: Pembelajaran Akuntansi Keuangan sebagai Variabel Moderasi. Ratio : Reviu Akuntansi Kontemporer Indonesia, 5(1), 93. https://doi.org/10.30595/ratio.v5i1.20227
  33. Suyanto, Y. M. V. K. S. (2022). Pengaruh Literasi Keuangan, Gaya Hidup Dan Lingkungan Sosial Terhadap Perilaku Keuangan Mahasiswa. Jurnal Literasi Akuntansi, 3(2), 58–70. https://doi.org/10.55587/JLA.V2I2.35
  34. Syah, S. R., Merdekawaty, E. G., & Syahrier, N. (2023). Pengaruh Pengetahuan Etika Profesi Akuntan Dan Orientasi Etis Terhadap Persepsi Mahasiswa Akuntansi Mengenai Creative Accounting Pada Politeknik Lembaga Pendidikan Dan Pengembangan Profesi Indonesia Makassar. JURNAL ECONOMINA, 2(11), 3456–3475. https://doi.org/10.55681/ECONOMINA.V2I11.983
  35. Tang. (1992). The meaning of money revisited. Journal of Organizational Behavior, 13(2), 197–202. https://doi.org/10.1002/job.4030130209
  36. Tang, T. L., & Chiu, R. K. (2003). Tang-Chiu2003 Article Income Money Ethic Pay Satisfactio. Journal of Business Ethics, 46, 13–30. https://doi.org/10.1023/A:1024731611490
  37. Tang, T. L. P. (2007). Income and quality of life: Does the love of money make a difference? Journal of Business Ethics, 72(4), 375–393. https://doi.org/10.1007/s10551-006-9176-4
  38. Tang, T. L. P., & Chen, Y. J. (2008). Intelligence vs. wisdom: The love of money, machiavellianism, and unethical behavior across college major and gender. Journal of Business Ethics, 82(1), 1–26. https://doi.org/10.1007/s10551-007-9559-1
  39. Ulum, F., & Sari, R. P. (2025). The Influence of Love of Money, Machiavellianism, and Idealism on the Ethical Perceptions of Accounting Students. Jurnal Ekonomi Kreatif Dan Manajemen Bisnis Digital, 4(1), 52–69. https://doi.org/10.55047/jekombital.v4i1.975
  40. Widyari, N. Y. A., Sari, I. A. K. T. P., & Putri, P. A. D. W. (2024). Dilema Etis Profesi Akuntan Berdasarkan Aspek Keperilakuan. Jurnal Inovasi Akuntansi (JIA), 2(2), 117–129. https://doi.org/10.36733/JIA.V2I2.10145

Similar Articles

<< < 1 2 3 4 5 > >> 

You may also start an advanced similarity search for this article.