This study investigates the determinants of residual government ownership and the impact of such ownership on post-privatization … privatization …

, privatization methods had a lasting effect on ownership structure in Ukraine …

have set up stronger governance than domestic private firms that have not experienced privatization. I propose seven … governments' fiscal conditions in the privatization year and privatized firms' governance, which suggests a significant role … played by local governments in shaping corporate governance during the privatization process …