Hitotsubashi Institute for Advanced Study

23 December, 8th MIC-CAREM International Research Seminar 2025: Wendong Li, Associate Professor（Department of Management, Chinese University of Hong Kong）“Do Money and Time Change Who You Are? A Continuous-Time Meta Analysis of Reciprocal Relationships between Income and Personality”(onsite)

The Management Innovation Research Center (MIC) at HIAS and the Center for Advanced Research and Education in Management (CAREM) at HUB will host the 8th MIC-CAREM International Research Seminar 2025 as outlined below.

Date/Time: December 23 (Tue), 2025 / 15:15 ~ 17:15

Title: “Do Money and Time Change Who You Are? A Continuous-Time Meta Analysis of Reciprocal Relationships between Income and Personality”

Abstract: Personality traits—relatively stable patterns of behaviors, thoughts, and feelings that distinguish one person from another—play a crucial role in shaping human attitudes, behavior, and well-being. Yet, organizational research has been heavily influenced by the Five-Factor Model, which treats personality traits solely as endogenous dispositions not directly influenced by the environment. In light of the paradigm shift in personality science that focuses on both the stability and malleability of personality traits, this classic dispositional perspective has hindered the development of organizational personality research.

In this talk, I will share our ongoing research that meta-analyzes reciprocal relationships between Big Five personality traits and income using a continuous-time approach with random-intercept cross-lagged panel models (K = 11, N ≈ 134,000). We found positive socialization effects of income on subsequent changes in conscientiousness and emotional stability, while the effect on extraversion was negative. The selection effect of conscientiousness and emotional stability on subsequent income changes was positive, and the effect was negative for extraversion, suggesting reciprocal relationships between these three personality traits and income. The magnitude of the effects varied over time in an inverted-U-shaped fashion. Our research showcases the importance and promise of adopting a dynamic perspective in organizational personality research

Speaker: Wendong Li, Associate Professor, Department of Management, Chinese University of Hong Kong。

Venue: Conference Room 1 （#3403）4F, Mercury Tower, Kunitachi East Campus

To participate in the seminar, please complete your registration in advance via the link below.

https://forms.gle/itaKcmxFpVfgunS48

For any inquiries, please contact us via the e-mail: h-carem@cm.hit-u.ac.jp <mailto:h-carem@cm.hit-u.ac.jp> . We sincerely look forward to your participation.

 

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