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Gunratan Lonare

Assistant Professor of Finance
Katie Insurance School
State Farm Hall of Business - SFH 340
  • About
  • Education
  • Awards & Honors
  • Research

Current Courses

347.001Financial Futures, Options, & Swaps

341.004Intermediate Business Finance

341.005Intermediate 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

Journal Article

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.
Kong, L., Lonare, G., & Nart, A. (2022). Industry tournament incentives and corporate innovation strategies. Journal of Financial Research, 45 (1), 124-161.
Lonare, G., Nart, A., & Tuncez, A. M. (2022). Industry tournament incentives and corporate hedging policies. Financial Management, 51 (2), 399-453.
Lonare, G., Patil, B., & Raut, N. (2021). edgar: An R package for the US SEC EDGAR retrieval and parsing of corporate filings. SoftwareX, 16, 100865.
Lonare, G. CEOs’ capital gains tax liabilities and accounting conservatism. Journal of Business Finance & Accounting


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,


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

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)