The Influence Of Intrinsic And Extrinsic Motivating Factors On Work Performance At Banking Sectors In Malaysia: The Mediator Role Of Psychological Ownership

Authors

  • Kamalesh Ravesangar Universiti Sains Malaysia
  • Rajendran Muthuveloo Universiti Sains Malaysia

Keywords:

Psychological Ownership, Intrinsic Motivation, Extrinsic Motivation, Work Performance, Banking Sectors

Abstract

The study aim to investigate the influence of intrinsic and extrinsic motivating factors on work performance at banking sectors in Malaysia when the role of psychological ownership as mediator exists. The research instruments utilized in this study were administered personally and through online mail questionnaire distributed among 370 front line employees at conventional and Islamic banks in Malaysia. This study was carried out to determine issues related to employees’ work performance based on poor service quality, work stress, lack of job knowledge, poor employee retention, inflexibility and poor communication in Malaysian banking sectors. Work performance of this research consisted four dimensions namely as quality of work, job knowledge, communication competence and productivity. Employee intrinsic motivation includes the achievement, personal growth. Meanwhile employee extrinsic factors consisted salary, job security. A conceptual framework was formulated based on identified research gap through the literature review and Herzberg’s Theory of motivator and hygiene factors utilized for this study. The findings proved that effects of psychological ownership have significance influence on intrinsic and extrinsic motivation and work performance which is essential for business advancement

Downloads

Download data is not yet available.

References

Armstrong M., (2001). Human Resource Management Practice: Handbook, 8th Edition, Kegan

ASEAN+3 Bond Market Guide Malaysia (2016): Asian Development Bank : Available Link

<https://asianbondsonline.adb.org/documents/abmf_mal_bond_market_guide_8th.pdf Ada, N., Alver, İ. ve A. Fatma, 2008. “Örgütsel İletişimin Örgütsel Bağlılık Üzerine Etkisi:

Manisa Organize Sanayi Bölgesinde Yer Alan ve İmalat Sektörü Çalışanları Üzerinde Yapılan Bir Araştırma”, Ege Akademik Bakış / Ege Academic Review 8(2), pp. 487-518.

Ajila CO. 1997. Maslow’s hierarchy of needs theory: applicability to the Nigerian industrial setting. IFE Psychol. 5:162–74

Amabile, T.M. (1993) Motivational Synergy: Toward New Conceptualizations of Intrinsic and Extrinsic Motivation in the Workplace. Human Resource Management Review, 3, 185- 201.

Avey, J. B., Avolio, B. J., Crossley, C. D. and Luthans, F. (2009). Psychological Ownership: Theoretical Extensions, Measurement and Relation to Work Outcomes, Journal of Organizational Behavior, 30(2), 173-191.

Brown, G., Pierce, J. L., & Crossley, C. (2014). Toward an understanding of the development of ownership feelings. Journal of Organizational Behavior, 35, 318–338. Cambridge, pp.

-449.

Benrazavi, S. R., & Silong, A. D. (2013). Employees' job satisfaction and its influence on willingness to work in teams. Journal of Management Policy and Practice, 14(1), 127- 140.

Campbell, J. P., McCloy, R. A., Oppler, S. H., & Sager, C. E. (1993). A Theory of Performance.

In N. Schmitt & W. C. Borman (Eds.), Employee Selection

Cato, S. T., & Gordon, J. (2009). Relationship of the strategic vision alignment to employee productivity and student enrolment. Research in Higher Education Journal, 7, 1-20.

Daud. N, Hussain. A, Yunus. N, and Ishak. N.A (2013). The Influence of Intention to Leave Towards Employee Engagement among Young Bankers in Malaysia: International Journal of Business and Management, 8(14), 89-9

Dobre, O. I. (2013) Employee motivation and organizational performance. Review of Applied SocioEconomic Research (Volume 5, Issue 1/ 2013 ), pp. 53.

Epstein JA, Harackiewicz JM (1992). Winning is not enough: The effects of competition and achievement orientation on intrinsic interest. Pers. Social Psychol. Bull., 18: 128-138.

Furby, L. (1991). Understanding the psychology of possession and ownership: A personal memoir and an appraisal of our progress. Journal of Social Behavior and Personality, 6, 457–463.

Ghafoor, A., Qureshi, T. M., Khan, M. A., & Hijazi, S. T. (2011). Transformational leadership, employee engagement and performance: Mediating effect of psychological

ownership. African Journal of Business Management, 5(17), 7391-7403

Goris, J. R. (2007). Effects of satisfaction with communication on the relationship between individual-job congruence and job performance/satisfaction. Journal of Management Development, 26(28), 737-752

Herzberg, F.I., Mausner B., & Snyderman, B.B. (1959). The motivation to work. New York: Wiley.

Hills, N.E & Tyson, D.F ( 2009). Parental Involvement in Middle School: A Meta-Analytic Assessment of the Strategies That Promote Achievement. Dev Psychol. 2009 May ;

(3): 740–763.

Hunter, J. E. (1986). Cognitive ability, cognitive aptitudes, job knowledge, and job performance.

Journal of Vocational Behavior, 29, 340- 362.

Ibrahim, R.Z, Ohtsuka, K and Dagang, M (2014). Job Satisfaction Among Malaysian Employees: An Application of Spector’s Job Satisfaction Survey in the South East Asian Context: Jurnal Pengurusan, 41, 69-79 job knowledge, work sample performance, and supervisory ratings of job performance.

Kamal, S., Khan, B., Khan, M.B & Khan, A.B (2006) “Motivation and its impact on the performance of employee‟s” Journal of Research, 22(2), p.1-30

Kramer, M. W. (1999). Motivation to reduce uncertainty: are conceptualization of uncertainty reduction theory. Management Communication Quarterly, 13(2), 305- 316.

Locke, EA (1976), Handbook of industrial and organizational psychology

Mansori, S, Tyng, G.G and Mohd Ismail, Z.M (2014). Service Recovery, Satisfaction and Customers’ Post Service Behavior in the Malaysian Banking Sector: Management Dynamics in the Knowledge Economy, 2(1), 5-20

Mayhew, M. G., Ashkanasy, N. M., Bramble, T. and Gardner, J. (2007). A Study of the Antecedents and Consequences of Psychological Ownership in Organizational Settings, The Journal of Social Psychology, 147(5), 477-500

Noordin, N.F and Panatik, S.A (2015). The Effect of Psychosocial Work Environment on Psychological Strain among Banking Employees in Malaysia: Asian Social Science, 11(27), 287-297 of Applied Psychology, 71, 432–439.

Olckers, C. (2013) Psychological ownership: Development of an instrument. SA Journal of Industrial Psychology, 39(2), 13 pages. Available Link http://dx.doi.org/10.4102/sajip.v39i2.1105

Olckers, C., & Du Plessis, Y. (2012a). Psychological ownership: A managerial construct for talent retention and organisational effectiveness. African Journal of Business Management, 6(7), 2585– 2596.

Osabiya and Joseph, B (2015). The effect of employees’ motivation on organizational performance: Journal of Public Administration and Policy Research, 7(4), 62-75

Osterloh, M. & Frey, B. 2007, "Dose pay for performance really motivate employees?" in Business performance measurement : theory and practice, ed. A.D. Neely, Cambridge University Press,

Pierce, J.L., Kostova, T., & Dirks, K.T. (2001). Towards a theory of psychological ownership in organizations. Academy of Management Review, 26(2), 298–310.

Rubiah, R. B. (2012). A Study on Turnover Intention Trend in Commercial Bank in Penang, Malaysia.

Ruthankoon, R., & Ogunlana, S.O. (2003). Testing Herzberg’s Two-Factor Theory in the ThaiConstruction Industry. Engineering, Construction and Architectural Management. 10(5),333-342.

Schmidt, F. L., Hunter, J. E., & Outerbridge, A. N. (1986). Impact of job experience and ability on Job Knowledge, Work sample performance , and supervisory ratings of job performance. Journal of Applied Psychology, 71(3), 432-439.

Senol. F (2011). The Effect of Job Security on the Perception of External Motivational Tools: A Study in Hotel Businesses: Journal of Economic and Social Studies, 1(2)33-60.

Shankar (2014). A Study on Quality of Work Life and Employee Motivational Strategies: International Journal of scientific research and management,2(5) 901-908.

Sinclair, R.R., Tucker, J.S., Cullen, J.C., & Wright, C. (2005). Performance differences among four organizational commitment profiles. Journal of Applied Psychology 90 (6), 1280- 1287.

Skinner, B. F. (1953). Science and human behavior. New York: Macmillan

Sledge, S., Miles, A.K., Coppage, S. (2008).What role does culture play? A look at motivation and job satisfaction among hotel workers in Brazil. The International Journal of Human Resource Management,19(9),1667-1682.

Viswesvaran C. Modeling Job Performance: Is There a General Factor? [PhD dissertation].

Iowa City: The University of Iowa; 1993.

Weil S (1952). The need for roots: Prelude to a declaration of duties toward mankind. London: Routledge and Kegan Paul.

Yusefi, Y.; Ahmadi, B. (2013). The effects of autonomy-supportive behaviors among physical education teachers to enjoy physical activity in adolescent girls for mediated psychological needs intrinsic motivation. Sports psychology studies, 41-54.

Zadeh, A.A, Moradi, J & Veisi, K (2016). The Relationship Between Intrinsic Motivation and Organizational Commitment Among Physical Education Teachers of Sanaandaj City. International Journal of Life Science and Pharma Research, 2(49), 49-55

Published

29-09-2019

Issue

Section

Articles

How to Cite

The Influence Of Intrinsic And Extrinsic Motivating Factors On Work Performance At Banking Sectors In Malaysia: The Mediator Role Of Psychological Ownership. (2019). E-Jurnal Penyelidikan Dan Inovasi, 6(2), 51-70. https://ejpi.uis.edu.my/index.php/ejpi/article/view/157

Similar Articles

31-40 of 44

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