IPOs and Long Term Relationships: An Advantage of Book Building

By Ann E. Sherman. 2000

208 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/021d733bca6a5da34b36deeed1244d31d0fb4072

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Citations in the corpus

Managing Underwriters and the Marketing of Seasoned Equity Offerings (2010, unknown): “Sherman (2000, 2005) suggests that the use of their institutional investor networks by investment banks is one of the reasons for bookbuilding to become a dominant mechanism for securities offerings relative to auctions around the world. Huang, Shangguan, and Zhang (2008) show that placement agents ”
Auctioned IPOs: The U.S. Evidence (2009, unknown): “20 This result is consistent with the findings of Lin, Lee, and Liu (2007) and Chiang, Qian and Sherman (2008) for Taiwanese auctioned IPOs.”
Bookbuilding: How Informative is the Order Book (2003, background): “This result is consistent with Smith (1977), who shows that in fixed price offerings, the offer price is below the market price both before and after the new issue.”
The Initial Public Offerings of Listed Firms (2007, unknown): “Benveniste and Spindt (1989), Sherman (2000), and others argue that bookbuilding allows underwriters to extract the information needed to price IPOs.”
Bids and Allocations in European IPO Bookbuilding (2004, background): “Important contributions to this literature include Benveniste and Wilhelm (1990), Sherman (2000), Sherman and Titman (2001) and Ljungqvist and Wilhelm (2002).”
Building the IPO Order Book: Underpricing and Participation Limits With Costly Information (2002, methodology): “(footnote continued) pointed out in Sherman (2000)—that hybrids increase underpricing by limiting the ability of the”
Shareholder Diversification and the Decision to Go Public (2008, unknown): “…(1998); Pagano, Panetta, and Zingales; (1998); Stoughton and Zechner (1998); Krigman, Shaw, and Womack (1999); Ellis, Michaely, and O’Hara (2000); Sherman (2000); Habib and Ljungqvist (2001); Cornelli and Goldreich (2002); Loughran and Ritter (2002); Sherman and Titman (2002); Rocholl (2004);…”
Global Integration in Primary Equity Markets: The Role of U.S. Banks and U.S. Investors (2000, unknown): “Loughran, Ritter and Rydqvist (1994) and Sherman (1999) for further insti-”