Nov 19, 2014
Booth Research Examines Effect of Tahrir Square Protests on Government Favored Companies
New research out of the Booth School of Business examined the Tahrir Square protests from back in 2011, and how protester power in numbers led to the eventual downfall of the ruling regime. That downfall cut off beneficial relationships between the government and favored companies. The research found that the bigger the protests grew, the more they pushed down stock-market valuations for firms connected to the government. Continue reading…