		(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	-0.004	0.001	-0.213*	-0.225*	65.428***	71.272***
		(0.010)	(0.011)	(0.117)	(0.129)	(21.668)	(22.225)
inter	Sarkozy affiliate $\times$ Post-election	0.010**	0.011*	-0.148***	-0.160***	-66.978***	-69.641***
		(0.005)	(0.006)	(0.055)	(0.061)	(22.172)	(24.025)
executive	Executive position	0.009*	0.007**	0.043	0.029	-12.306	-31.731***
		(0.004)	(0.003)	(0.048)	(0.042)	(14.982)	(9.359)
inter_executive	Executive position $\times$ Post-election	-0.002	-0.008*	-0.146**	-0.125**	19.062	17.841
		(0.004)	(0.004)	(0.059)	(0.056)	(17.685)	(16.669)
log_eur_amount	Trade's value	-0.001*	-0.001**	-0.010	-0.010	2.138*	2.293
		(0.001)	(0.001)	(0.007)	(0.009)	(1.188)	(1.373)
inter_log_eur_amount	Trade's value $\times$ Post-election	-0.000	-0.000	0.026***	0.025**	-3.171**	-3.293**
		(0.001)	(0.001)	(0.009)	(0.010)	(1.260)	(1.455)
							
Observations		946		2,170		1,836	
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			Yes		Yes		Yes
Robust standard errors in parentheses							
*** p<0.01, ** p<0.05, * p<0.1							
