Ann E. Sherman

DePaul University

Associate Professor

1 East Jackson Blvd.

Chicago, IL 60604-2287

United States

SCHOLARLY PAPERS

18

DOWNLOADS
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13,053

CITATIONS
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Top 2,088

in Total Papers Citations

268

Scholarly Papers (18)

1.

Global Trends in IPO Methods: Book Building vs. Auctions with Endogenous Entry

AFA 2003 Washington, DC Meetings
Number of pages: 50 Posted: 14 Jul 2001
Ann E. Sherman
DePaul University
Downloads 3,811 (2,324)
Citation 65

Abstract:

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Initial Public Offering, Equity Offering, IPO, Book Building, Uniform Price Auction, Discriminatory Auction, Endogenous Entry

Building the IPO Order Book: Underpricing and Participation Limits with Costly Information

Number of pages: 34 Posted: 01 Oct 2000
Ann E. Sherman and Sheridan Titman
DePaul University and University of Texas at Austin - Department of Finance
Downloads 1,588 (10,058)
Citation 83

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Initial Public Offering, Equity Issue, Going Public, Book Building, Private Information

Building the IPO Order Book: Underpricing and Participation Limits with Costly Information

NBER Working Paper No. w7786
Number of pages: 31 Posted: 19 Jul 2000 Last Revised: 01 Apr 2001
Ann E. Sherman and Sheridan Titman
DePaul University and University of Texas at Austin - Department of Finance
Downloads 89 (281,788)
Citation 83

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3.

Attracting Attention in an IPO

AFA 2009 San Francisco Meetings Paper
Number of pages: 57 Posted: 14 Mar 2006 Last Revised: 10 Jan 2019
Guanghua School of Management, Peking University, Department of Finance, Guanghua School of Management, Peking University, DePaul University and Hong Kong Polytechnic University
Downloads 1,476 (11,529)
Citation 2

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Limited attention, initial public offerings, investor attention, IPO underpricing, JOBS Act, pre-IPO trading, equity crowdfunding, crowdinvesting.

Ipos and Long Term Relationships: An Advantage of Book Building

Number of pages: 25 Posted: 01 Oct 2000
Ann E. Sherman
DePaul University
Downloads 1,360 (12,906)
Citation 55

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Initial Public Offerings, Going Public, Book-Building, Auctions, New Issues

Ipos and Long Term Relationships: An Advantage of Book Building

Review of Financial Studies, Fall 2000
Posted: 15 Dec 2000
Ann E. Sherman
DePaul University

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Initial Public Offerings, Going Public, Book Building, Auctions, New Issues

5.
Downloads 1,205 ( 15,888)
Citation 16

Why Do IPO Auctions Fail?

Number of pages: 55 Posted: 10 Jan 2006
Ann E. Sherman and Ravi Jagannathan
Downloads 1,033 (19,630)
Citation 16

Abstract:

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IPO, underpricing, auction, uniform price, discriminatory, winner's curse, free rider

Why Do IPO Auctions Fail?

NBER Working Paper No. w12151
Number of pages: 55 Posted: 22 Dec 2006 Last Revised: 15 Sep 2010
Ann E. Sherman and Ravi Jagannathan
Downloads 172 (170,202)
Citation 16

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6.

Reforming the Bookbuilding Process for Ipos

Number of pages: 17 Posted: 14 Jan 2005
Ann E. Sherman and Ravi Jagannathan
Downloads 1,054 (19,407)
Citation 5

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IPO, Bookbuilding, Auctions, Method, Reform

7.

The Long-Run Role of the Media: Evidence from Initial Public Offerings

Midwest Finance Association 2013 Annual Meeting Paper, Management Science, Forthcoming
Number of pages: 37 Posted: 09 Jan 2011 Last Revised: 10 Jun 2014
Laura Xiaolei Liu, Ann E. Sherman and Yong Zhang
Guanghua School of Management, Peking University, DePaul University and Hong Kong Polytechnic University
Downloads 661 (37,615)

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media coverage, IPO, initial public offering, investor attention, Merton, investor recognition, instrumental variable

8.

Endogenous Entry and Partial Adjustment in IPO Auctions: Are Institutional Investors Better Informed?

Forthcoming in Review of Financial Studies
Number of pages: 50 Posted: 20 Mar 2008 Last Revised: 16 Dec 2015
Yao-Min Chiang, Yiming Qian and Ann E. Sherman
National Taiwan University - Department of Finance, University of Iowa - Department of Finance and DePaul University
Downloads 471 (58,255)
Citation 12

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IPO, auction, institutional investor, individual investor, retail investor, informed investor, IPO method, underwriter favoritism, underpricing, endogenous entry, partial adjustment, return chasing

9.

Supplement to 'Why Do IPO Auctions Fail?'

Number of pages: 15 Posted: 26 Mar 2006
Ann E. Sherman and Ravi Jagannathan
Downloads 431 (64,879)
Citation 14

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IPO methods, country-specific, auctions, book building, fixed price public offers

10.
Downloads 354 (81,847)
Citation 6

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IPOs, initial public offerings, auction, direct mechanism, free rider, winner's curse, Dutch auction, dirty Dutch auction

11.

Do Investors Learn from Experience? Evidence from Frequent IPO Investors

Review of Financial Studies, Forthcoming
Number of pages: 45 Posted: 19 Mar 2009 Last Revised: 16 Dec 2015
National Taiwan University - Department of Finance, University of California, Irvine - Paul Merage School of Business, University of Iowa - Department of Finance and DePaul University
Downloads 309 (95,378)
Citation 4

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IPO, auction, investor behavior, learning, reinforcement learning, institutional investor, individual investor, experience

12.

Uniform Price Auctions with a Public Pool: An Experimental Examination Using an IPO Setup

Number of pages: 50 Posted: 02 Sep 2015 Last Revised: 14 Oct 2018
Charles R. Schnitzlein, Minjie Shao and Ann E. Sherman
School of Business, University of Vermont, University of Central Florida and DePaul University
Downloads 162 (179,080)

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Common value auction, Experimental, Competitive bidding, Uniform price auction, Multi-unit auction, Hybrid auction, Initial public offering, Retail tranche, Public pool, IPO auction, private equity, equity crowdfunding, crowdinvesting, JOBS Act, Regulation A

13.
Downloads 82 (293,974)
Citation 6

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Sealed bid auction, Winner’s curse, Initial public offering, IPO, IPO auction, Common value auction.

15.

Underwriter Certification and the Effect of Shelf Registration on Due Diligence

Financial Management, Vol. 28, No. 1, pp. 5-20, 1999
Posted: 16 May 2005
Ann E. Sherman
DePaul University

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Seasoned equity offerings, follow-on equity, shelf registration, universal shelf, unallocated shelf, reduced due diligence

16.

The Winner's Curse and International Methods of Allocating Initial Public Offerings

Pacific-Basin Finance Journal, Vol. 4, No. 1, pp. 15-30, May 1996
Posted: 16 May 2005
Ann E. Sherman and Bhagwan Chowdhry
DePaul University and University of California, Los Angeles (UCLA) - Finance Area

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Winner's curse; Initial public offerings

17.

International Differences in Oversubscription and Underpricing of Ipos

Posted: 02 Sep 1999
Bhagwan Chowdhry and Ann E. Sherman
University of California, Los Angeles (UCLA) - Finance Area and DePaul University

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18.

The Determinants of Corporate Liquidity: Theory and Evidence

Journal of Financial and Quantitative Analysis, September 1998
Posted: 14 Aug 1998 Last Revised: 31 Dec 2012
David C. Mauer, Ann E. Sherman and Chang-Jin Kim
affiliation not provided to SSRN, DePaul University and Korea University

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Other Papers (1)

Total Downloads: 147    Citations: 3
1.

Media Coverage and IPO Underpricing

Number of pages: 34 Posted: 21 Mar 2007
Laura Xiaolei Liu, Ann E. Sherman and Yong Zhang
Guanghua School of Management, Peking University, DePaul University and Hong Kong Polytechnic University
Downloads 147
Citation 3

Abstract:

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IPOs, underpricing, media attention, marketing, partial adjustment