		(1)	(2)	(3)	(4)	(5)	(6)
VARIABLES	LABELS	1-day compound abnormal return (30-day index-SBF120 model)	1-day compound abnormal return (30-day index-SBF120 model)	Disclosed to the AMF in less than 5 business days	Disclosed to the AMF in less than 5 business days	Days to next firm results announcements	Days to next firm results announcements
							
after	Post-election		0.003		-0.209*		75.073***
			(0.011)		(0.124)		(22.139)
inter	Sarkozy affiliate $\times$ Post-election	0.012*	0.011**	-0.152***	-0.152**	-31.685**	-68.561***
		(0.007)	(0.005)	(0.056)	(0.062)	(15.214)	(23.789)
executive	Executive position	0.003	0.007**	-0.018	0.004	-18.429**	-36.591***
		(0.002)	(0.003)	(0.051)	(0.039)	(7.507)	(10.143)
inter_executive	Executive position $\times$ Post-election	-0.004	-0.008*	-0.089	-0.127**	-15.756	15.912
		(0.004)	(0.004)	(0.077)	(0.058)	(16.606)	(16.673)
log_eur_amount	Trade's value	-0.001**	-0.001**	-0.002	-0.008	2.591	2.641**
		(0.000)	(0.001)	(0.010)	(0.008)	(1.743)	(1.251)
inter_log_eur_amount	Trade's value $\times$ Post-election	-0.001	-0.000	0.011	0.024**	-3.425*	-3.527**
		(0.001)	(0.001)	(0.011)	(0.009)	(1.777)	(1.379)
							
Sample		Affiliates firms 2ptraders	Affiliates firms 2ptraders	Affiliates firms 2ptraders	Affiliates firms 2ptraders	Affiliates firms 2ptraders	Affiliates firms 2ptraders
Individual FE		Yes	Yes	Yes	Yes	Yes	Yes
Firm FE *Postelection		Yes		Yes		Yes	
Firm FE		Yes	Yes	Yes	Yes	Yes	Yes
Group-specific trends			Yes		Yes		Yes
Robust standard errors in parentheses							
*** p<0.01, ** p<0.05, * p<0.1							
