摘要
VIE架构的本质就是通过协议控制的方式取代法定的股权控制。对于VIE架构,既可以将其定性为金融创新的产物,一项与时俱进的制度性创造,也可以理解为是对于某些国内法律法规的规避。本文界定了VIE基本概念,对于其风险进行了分析,提出了相关制度措施。
The essence of VIE structure is to replace legal shareholding control by means of the protocol control. For VIE struc- ture, it can be defined as the product of financial innovation, that is the institutional creation keeping the pace with the times, and also be understood as eluding some domestic laws and regulations. The paper defines the basic concept of VIE, analyzes its risks, and puts forward related system measures.
出处
《西部金融》
2014年第10期15-19,22,共6页
West China Finance
关键词
可变利益实体
协议控制
注册制改革
多层次资本市场
VIE
variable interest entity
protocol control
registration system reform
multilevel capital market
