		(1)	(2)	(3)	(4)	(5)	(6)	(7)	(8)	(9)	(10)	(11)	(12)	(13)	(14)	(15)	(16)	(17)	(18)	(19)	(20)	(21)	(22)	(23)	(24)
VARIABLES	LABELS	1-day compound abnormal return (30-day index-SBF120 model)	1-day compound abnormal return (30-day index-SBF120 model)	1-day compound abnormal return (30-day index-SBF120 model)	1-day compound abnormal return (30-day index-SBF120 model)	1-day compound abnormal return (30-day index-SBF120 model)	1-day compound abnormal return (30-day index-SBF120 model)	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	Disclosed to the AMF in less than 5 business days	Disclosed to the AMF in less than 5 business days	Disclosed to the AMF in less than 5 business days	Disclosed to the AMF in less than 5 business days	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	Days to next firm results announcements	Days to next firm results announcements	Days to next firm results announcements	Days to next firm results announcements	Days to next firm results announcements	Days to next firm results announcements
																									
inter	Sarkozy affiliate $\times$ Post-election	(0.003)	(0.004)	(0.004)	(0.004)	(0.004)	(0.004)	(0.003)	(0.003)	(0.031)	(0.057)	(0.046)	(0.045)	(0.056)	(0.055)	(0.032)	(0.032)	(7.352)	(14.383)	(16.875)	(16.806)	(14.485)	(17.278)	(6.371)	(5.864)
		[0.001]	[0.011]	[0.012]	[0.014]	[0.013]	[0.012]	[0.001]	[0.001]	[0.000]	[0.030]	[0.009]	[0.007]	[0.026]	[0.026]	[0.000]	[0.000]	[0.000]	[0.001]	[0.008]	[0.008]	[0.001]	[0.010]	[0.000]	[0.000]
																									
Note		Date	Trader	Firm	Firm and date	Trader and date	Firm and trader	White-heteroskedastic SE	No SE correction	Date	Trader	Firm	Firm and date	Trader and date	Firm and trader	White-heteroskedastic SE	No SE correction	Date	Trader	Firm	Firm and date	Trader and date	Firm and trader	White-heteroskedastic SE	No SE correction
Robust standard errors in brackets																									
