Comparison of political affiliation, political uncertainty and political connections of the board of adhesion labor costs in the Iranian companies

Despite widespread privatization in recent decades, the government still owns shares in many companies and is an important component of the country's economy. The purpose of this study is to compare the political dependence, political ambiguity and political relations of the board of directors on labor cost stickiness in Iranian companies. Governments are more likely to intervene in the decision-making process of state-owned companies and ask companies to do activities that are politically and sociologically desirable. The research sample includes 100 companies listed on the Tehran Stock Exchange during the years 1383 to 1398. Multiple regression model has been used to test the research hypotheses. The results showed that firms with political affiliation had higher labor costs than firms without political affiliation. Labor force cost stickiness in companies with political connections is not significantly different from companies without political connections, and also in the period of political ambiguity shows that state-owned companies in periods of political ambiguity did not have labor cost stickiness.