For my research paper,I need help formulating a good researc…

For my research paper,I need help formulating a good research question. I will need : *keywords. *Define topic as focused research question. *Title for my paper. *Formulate thesis statement. *Hypothesis that presents relationship between an independent variable and dependent variable. *Literature review. I’ve been thinking on finding a disagreement in why money can decrease performance. I am also open to suggestions on the direction of the study

Keywords: money, performance, disagreement, research question, thesis statement, hypothesis, literature review

Research Question: What is the underlying disagreement in the relationship between money and performance?

Topic as a Focused Research Question: What factors contribute to the discrepancy in views regarding how money affects performance?

Title for the Paper: Exploring the Controversy: The Divergent Perspectives on the Impact of Money on Performance

Thesis Statement: This paper aims to investigate the various viewpoints surrounding the relationship between money and performance, and identify the key factors contributing to the disagreement.

Hypothesis: There is a significant relationship between the amount of money individuals receive and their performance, but the effect may vary due to contextual factors such as motivation, task complexity, and individual differences.

Literature Review: The literature review will provide an overview of existing research on the relationship between money and performance, highlighting the main arguments and findings from different perspectives. It will encompass studies from various disciplines such as psychology, economics, and organizational behavior, examining both theoretical frameworks and empirical evidence.


Money has long been considered a significant motivator, with the promise of financial rewards often used as incentives to boost performance. However, the impact of money on performance is a subject of ongoing debate and disagreement among scholars. This research aims to delve into the underlying factors contributing to this disagreement and explore the divergent perspectives surrounding this relationship. By examining the existing literature, this study seeks to shed light on the complex nature of the money-performance relationship and provide a comprehensive perspective on this contentious issue.

Literature Review:

The literature on the relationship between money and performance reveals a multidimensional and intricate landscape. Traditional economic theories suggest a direct positive relationship, where offering financial incentives would enhance motivation and subsequently lead to improved performance (Deci & Ryan, 1985; Staw, 1976). This viewpoint is rooted in the assumption that individuals are primarily driven by extrinsic rewards, such as monetary compensation, and that such rewards can directly influence their behavior (Vroom, 1964).

Contrary to the economic perspective, some psychological theories propose that the relationship between money and performance is not as straightforward. The cognitive evaluation theory suggests that the introduction of extrinsic rewards, including money, might undermine intrinsic motivation and diminish performance (Deci & Ryan, 1985). In such instances, individuals may perceive the reward as controlling and feel less autonomous, leading to decreased motivation and a potential decline in performance.

Other scholars argue that the relationship between money and performance is contingent upon various contextual factors. For instance, Adams’ equity theory proposes that individuals compare their perceived inputs and outcomes to those of others in similar situations (Adams, 1965). When individuals perceive an inequitable distribution of rewards relative to their efforts, it may negatively impact their performance. This implies that the amount of money alone may not be the sole determinant of performance, but rather the perceived fairness of the reward distribution.

Furthermore, research in organizational behavior suggests that the impact of money on performance may be mediated by task complexity (Latham & Piccolo, 2002). While monetary rewards may have a positive effect on performance for simple and routine tasks, they may be less effective or even detrimental for complex and creative tasks, where intrinsic motivation and autonomy are crucial.


The existing literature highlights differing viewpoints and hypotheses surrounding the relationship between money and performance. While some studies suggest a direct positive correlation, others argue for indirect or contingent effects. Psychological theories emphasize the role of intrinsic motivation and the potential negative impact of extrinsic rewards on performance. Additionally, contextual factors such as fairness perceptions and task complexity have been identified as potential moderators in this complex relationship. By conducting a comprehensive review of these perspectives, this study aims to provide a deeper understanding of the underlying disagreement and shed light on the factors influencing the Money-Performance relationship.