Firms can increase profitability by appropriately motivating managers. We investigate drivers of managerial motivation, and propose how firms can use performance-pay to alter motivational patterns. We focus on the agent’s optimal effort decision in trading off compensation utility with effort cost in a static and dynamic setting. Surprisingly, we find that lower risk aversion or increased pay a...

This paper aims to research the motivation of human resources, with a case study at CONEREPET SA PLОIЕȘTI[1], Romanian crude oil products transport company.In first part work, we dealt theoretical aspect environmental pollution petroleum products: polluting factors and methods depollution. Then presented aspects resource management, so that can approach in second paper. Also, analyzed CONEREPЕT...

The link between money and motivation has been a debated topic for decades, especially in work organizations. However, field studies investigating the amount of pay in relation to employee motivation is lacking and there have been calls for empirical studies addressing compensation systems and motivation in the work domain. The purpose of this study was to examine outcomes associated with the a...