Assistant Professor of Finance
Palumbo Donahue School of Business
Pittsburgh, PA, 15282
Phone: 412.396.4315 Fax: 412.396.4764
Gokhan Sonaer is an Assistant Professor of Finance at Palumbo-Donahue School of Business. He is currently teaching Financial Markets and Institutions and Business Finance courses for undergraduate students. His teaching interests are primarily in Investments, Corporate Finance, and Financial Markets and Institutions. Prior to joining Duquesne University Dr. Sonaer taught at Virginia Tech while pursuing his doctoral degree.
His research interests include mutual funds and irregularities related to market efficiency. He presented his work at 2009 and 2010 Annual Meetings of Financial Management Association.
Gokhan Sonaer received his Ph.D. degree in Finance from Virginia Tech University and his M.B.A. degree from University of North Carolina at Charlotte. He also holds M.S. and B.S. degrees in Civil Engineering. Prior to joining academia, he worked at Finansbank as a financial analyst. Some of his responsibilities include assessing financial position of corporations, preparing financial analysis reports, and making recommendations to the loan committee in making credit granting and extensions.
Celiker, U., Jaideep, C., and Sonaer, G., 2015. Do Mutual Funds Herd in Industries? Journal of Banking and Finance 52, 1-16.
Jaideep, C., and Sonaer, G., 2015. Executive Compensation and Product Market Behavior. Applied Economics Letters 22, 558-562.
Jaideep, C., and Sonaer, G., 2015. Ex-dividend Day Abnormal Returns for Special Dividends. Journal of Economics and Finance.
My research interests lie in the area of investments with emphasis on mutual funds. Equity mutual funds hold significant portion of the stock market and they are an important investment vehicle for investors. Because mutual funds' portfolios are managed by agents, potential conflict of interests may divert them from acting in the best interest of fund investors. My current research focuses on the consequences of a specific type of behavior that mutual fund managers may engage in due to such potential conflict of interests, namely herding. More specifically, my current research examines the possible impact of mutual fund herding on market valuations and on the returns to the fund investors.