Research on incentive and restraint mechanisms of ERP project implementation based on principal-agent theory

摘要

Principal-agent relationship exists in the ERP project implementation. For owners, it is difficult to simply use the “Compulsory contract” and the supervision to force the supplier to select the desired action to the owners. Combining project supervision with incentive contract is an optimal mechanism to encourage and restrict the supplier complete the ERP project by the owner''s expectation.