The Impact of Ownership Type on Labour Cost Stickiness

Mohammed Arkan Sahib Tileal, Farzaneh Nassirzadeh (), Mohammad Javad Saei and Davood Askarany
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Mohammed Arkan Sahib Tileal: Faculty of Administrative and Economic Sciences, Ferdowsi University of Mashhad, Mashhad 9177948974, Iran
Farzaneh Nassirzadeh: Faculty of Administrative and Economic Sciences, Ferdowsi University of Mashhad, Mashhad 9177948974, Iran
Mohammad Javad Saei: Faculty of Administrative and Economic Sciences, Ferdowsi University of Mashhad, Mashhad 9177948974, Iran
Davood Askarany: Department of Accounting and Finance, Business School, The University of Auckland, Auckland 1010, New Zealand

JRFM, 2023, vol. 16, issue 5, 1-17

Abstract: This study investigates the effect of ownership type (state and family ownership versus non-state and non-family ownership) on labour cost stickiness in companies listed on the Tehran Stock Exchange (TSE). The study examines the labour cost stickiness in state and family businesses versus non-state and non-family companies within a different environment with unique labour market characteristics. The sample consists of 151 companies listed on the TSE, spanning from 2011 to 2020. After controlling for industry and year fixed effects, the results of multiple regression analysis revealed that labour cost stickiness is higher in state and family companies compared to non-state and non-family businesses. This research contributes to the existing literature by being the first to investigate the impact of the type of ownership on labour cost stickiness in a developing country.

Keywords: labour cost stickiness; state ownership; family ownership (search for similar items in EconPapers)
JEL-codes: C E F2 F3 G (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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