• DocumentCode
    3367401
  • Title

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

  • Author

    Benxin, Lao

  • Author_Institution
    ERP Lab., Guangxi Univ. of Finance & Econ., Nanning, China
  • fYear
    2010
  • fDate
    26-28 June 2010
  • Firstpage
    6092
  • Lastpage
    6094
  • Abstract
    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.
  • Keywords
    consumer behaviour; contracts; enterprise resource planning; incentive schemes; ERP project implementation; incentive contract; incentive mechanism; principal agent relationship; principal agent theory; project supervision; restraint mechanism; Contracts; Electronics industry; Enterprise resource planning; Finance; Game theory; Laboratories; ERP; incentive and restraint mechanisms; principal-agent theory; project implementation;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Mechanic Automation and Control Engineering (MACE), 2010 International Conference on
  • Conference_Location
    Wuhan
  • Print_ISBN
    978-1-4244-7737-1
  • Type

    conf

  • DOI
    10.1109/MACE.2010.5536675
  • Filename
    5536675