Gunratan Lonare
Assistant Professor of Finance
Katie Insurance School

Office
SFHB State Farm Hall Of Business 340
Office Phone
Email
Website
- About
- Education
- Awards & Honors
- Research
Current Courses
FIL 347.001 Financial Futures, Options, & Swaps
FIL 341.001 Intermediate Business Finance
FIL 341.002 Intermediate Business Finance
FIL 347.001 Financial Futures, Options, & Swaps
FIL 341.003 Intermediate Business Finance
FIL 341.004 Intermediate Business Finance
PhD Finance
University of North Carolina at Charlotte
Charlotte, NC
MS Finance
Jamnalal Bajaj Institute of Management Studies
Mumbai (India)
BE Computer Engineering
Dr. Babasaheb Ambedkar Technological University
Lonere, MH (India)
Outstanding Research Award
Department of Finance, Insurance and Law, Illinois State University
2024
Journal Article
Lonare, G., Lai, G., Nart, A., & Ho, C. Tournament incentives and reserve management. Risk Management and Insurance Review (2025)
Lonare, G., Lai, G., Han, S., & Ho, C. CEO past distress experience and risk-taking: Evidence from US property–liability insurance firms. Risk Management and Insurance Review 27.1 (2024): 5-39.
Lonare, G. CEOs’ capital gains tax liabilities and accounting conservatism. Journal of Business Finance & Accounting 51.7-8 (2024): 1943-1979.
Lonare, G., Agcayazi , B., & Tuncez, . The Influence of Socially Responsible Practices on Corporate Hedging. British Accounting Review 101502 (2024)
Kong, L., Lonare, G., & Nart, A. Industry Tournament Incentives and Corporate Innovation Strategies. Journal of Financial Research 45.1 (2022): 124-161.
Software
Lonare, G., Patil, B. (2022). edgar: Tool for the U.S. SEC EDGAR Retrieval and Parsing of Corporate Filings. R package version 2.0.5, https://CRAN.R-project.org/package=edgar.
Presentations
Beyond Specialization: Generalist CEOs and Their Impact on Corporate Hedging. Southwestern Finance Association Annual Meeting. (2024)
How Managerial Capital Gains Taxes Increase Deception: Evidence from Stock Price Crash Risk. Financial Management Association Annual Meeting. (2024)
How Managerial Capital Gains Taxes Increase Deception: Evidence from Stock Price Crash Risk. Southwestern Finance Association. (2024)
How Managerial Capital Gains Taxes Increase Deception: Evidence from Stock Price Crash Risk. Southern Finance Association Annual Meeting. (2023)
Industry Tournament Incentives and Corporate Innovation Strategies. Young Finance Scholars’ Conference at University of Sussex (UK). (2019)
Grants & Contracts
University Research Grant. Illinois State University. Illinois State University. (2024)
Research grant - The Katie School of Insurance and Risk Management. Illinois State University. Illinois State University. (2023)
Summer research development grant - Department of Finance, Insurance and Law. Illinois State University. Illinois State University. (2023)