The effect of extrinsic rewards on intrinsic motivation
(2019) FEKH49 20191Department of Business Administration
- Abstract
- Title: The effect of extrinsic rewards on intrinsic motivation: an
empirical study of aspiring investment bankers and their
extraordinary drive
Seminar date: 2019-06-05
Course: FEKH49, Bachelor level thesis in organisation, Business Administration, 15 ECTS
Authors: Afnan Al Khalifa and Andreas Källström
Advisor: Nadja Sörgärde
Keywords: motivation, identity work, extrinsic rewards, monetary compensation, investment banking
Purpose: The purpose of this thesis is to examine and increase the
understanding of the role of extrinsic rewards on intrinsic
motivation, as an explanation for the hard work put into pursuing
the difficult career path of investment banking. We examine and
increase the understanding of what drives... (More) - Title: The effect of extrinsic rewards on intrinsic motivation: an
empirical study of aspiring investment bankers and their
extraordinary drive
Seminar date: 2019-06-05
Course: FEKH49, Bachelor level thesis in organisation, Business Administration, 15 ECTS
Authors: Afnan Al Khalifa and Andreas Källström
Advisor: Nadja Sörgärde
Keywords: motivation, identity work, extrinsic rewards, monetary compensation, investment banking
Purpose: The purpose of this thesis is to examine and increase the
understanding of the role of extrinsic rewards on intrinsic
motivation, as an explanation for the hard work put into pursuing
the difficult career path of investment banking. We examine and
increase the understanding of what drives students to push
themselves to their utmost limits for a job.
Methodology: A qualitative study with semi-structured interviews.
Theoretical perspectives: The theoretical perspective used is identity work. A thorough presentation of traditional motivational theories and their divide between intrinsic and extrinsic motivation has also been done.
Empirical foundation: Seven interviews have been conducted with individual students working part-time at a university-affiliated organization preparing students to work within investment banking through various activities.
Conclusions: Our findings show that extrinsic rewards such as monetary
compensation have a significant positive impact on intrinsic
motivation. Furthermore, the difference between intrinsic and
extrinsic motivation is explained to be more of a grey zone than
previously thought. (Less)
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/8989183
- author
- al Khalifa, Afnan LU and Källström, Andreas LU
- supervisor
- organization
- course
- FEKH49 20191
- year
- 2019
- type
- M2 - Bachelor Degree
- subject
- language
- English
- id
- 8989183
- date added to LUP
- 2019-07-04 10:18:33
- date last changed
- 2019-07-04 10:18:33
@misc{8989183,
abstract = {{Title: The effect of extrinsic rewards on intrinsic motivation: an
empirical study of aspiring investment bankers and their
extraordinary drive
Seminar date: 2019-06-05
Course: FEKH49, Bachelor level thesis in organisation, Business Administration, 15 ECTS
Authors: Afnan Al Khalifa and Andreas Källström
Advisor: Nadja Sörgärde
Keywords: motivation, identity work, extrinsic rewards, monetary compensation, investment banking
Purpose: The purpose of this thesis is to examine and increase the
understanding of the role of extrinsic rewards on intrinsic
motivation, as an explanation for the hard work put into pursuing
the difficult career path of investment banking. We examine and
increase the understanding of what drives students to push
themselves to their utmost limits for a job.
Methodology: A qualitative study with semi-structured interviews.
Theoretical perspectives: The theoretical perspective used is identity work. A thorough presentation of traditional motivational theories and their divide between intrinsic and extrinsic motivation has also been done.
Empirical foundation: Seven interviews have been conducted with individual students working part-time at a university-affiliated organization preparing students to work within investment banking through various activities.
Conclusions: Our findings show that extrinsic rewards such as monetary
compensation have a significant positive impact on intrinsic
motivation. Furthermore, the difference between intrinsic and
extrinsic motivation is explained to be more of a grey zone than
previously thought.}},
author = {{al Khalifa, Afnan and Källström, Andreas}},
language = {{eng}},
note = {{Student Paper}},
title = {{The effect of extrinsic rewards on intrinsic motivation}},
year = {{2019}},
}