Contact Information

Biography

Dr. Sonaer's research interests lie mainly in the area of investments and corporate finance with emphasis on topics such as institutional investors and market efficiency. His research has been published in various journals such as Journal of Banking and Finance, Review of Quantitative Finance and Accounting, European Journal of Finance, and Journal of Economics and Finance.

Dr. Sonaer's teaching interests are primarily in investments, corporate finance, and financial markets. He is currently teaching Financial Markets and Institutions, International Financial Management, and Business Finance courses for undergraduate students. Prior to joining Duquesne University Dr. Sonaer taught at Virginia Tech while pursuing his doctoral degree.

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.

Education

  • Ph.D., Finance, Virginia Tech University M.B.A., University of North Carolina at Charlotte M.S. and B.S., Civil Engineering

 

School

Articles in Journals

  • Caglayan, M.O., Celiker, U., & Sonaer, G. (2018). Hedge fund vs. non-hedge fund institutional demand and the book-to-market effect.  Journal of Banking and Finance 92, 51-66.
  • Chowdhury, J., Celiker, U., & Sonaer, G. (2018). Market share growth and stock returns. Accounting & Finance 58, 97-129.
  • Bhattacharya, D. & Sonaer, G. (2018). Herding by mutual funds: impact on performance and investors' response. The European Journal of Finance 24, 283-299.
  • Bhattacharya, D., Li, W., & Sonaer, G. (2017). Has Momentum Lost its Momentum? Review of Quantitative Finance and Accounting, 48 (1), 191-218.
  • Celiker, U., Kayacetin, V., Kumar, R., & Sonaer, G. (2016). Cash flow news, discount rate news, and momentum. Journal of Banking and Finance, 72, 240-254.
  • Chowdhury, J. & Sonaer, G. (2016). Ex-dividend Day Abnormal Returns for Special Dividends. Journal of Economics and Finance, 40 (4), 631-652.
  • Celiker, U., Chowdhury, J., & Sonaer, G., (2015). Do Mutual Funds Herd in Industries? Journal of Banking and Finance 52, 1-16.
  • Chowdhury, J.Sonaer, G. (2015). Executive compensation and product market behavior. Applied Economics Letters 22, 558-562.
  • Chowdhury, J., & Sonaer, G. (2015). Investment and Managerial Preferences. Economics Bulletin 35-1

Paper Presentations

  • Caglayan, M., Celiker, U., & Sonaer, G. (2019). Industry Herding By Hedge Funds. Eastern Finance Association, Miami, Florida.
  • Celiker, U., Kayacetin, V., Kumar, R., & Sonaer, G. (2016). Cash Flow News, Discount Rate News, and Momentum. Financial Management Association Conference, Las Vegas, Nevada.
  • Sonaer, G., Celiker, U., & Chowdhury, J. (2016). Market Share Growth and Stock Returns. Eastern Finance Association Annual Meeting in Baltimore, MD
  • Sonaer, G. & Bhattacharya, D. (2015). Is it Rational for Mutual Funds to Follow the Herd? Midwest Finance Association Annual Conference, Chicago, Illinois.
  • Sonaer, G., Celiker, U., & Chowdhury, J. (2014). Do Mutual Funds Herd in Industries? Midwest Finance Association Annual Meeting in Orlando, FL.
  • Sonaer, G., Celiker, U., & Chowdhury, J. (2014). Do Mutual Funds Herd in Industries? Eastern Finance Association Annual Meeting in Pittsburgh, PA.
  • Sonaer, G. & Chowdhury, J. (2014). Ex-dividend Day Abnormal Returns for Special Dividends. Eastern Finance Association Conference, Pittsburgh, Pennsylvania.
  • Sonaer, G. & Chowdhury, J. (2014). Executive Compensation, Product Market Behavior and Managerial Entrenchment. Midwest Finance Association Annual Conference, Orlando, Florida.
  • Sonaer, G. & Chowdhury, J. (2013). Herding in Investments and Firm Performance. Financial Management Association, Chicago, Illinois.
  • Sonaer, G., Bhattacharya, D., & Kumar, R. (2012). Momentum Loses Its Momentum: Implications for Market Efficiency. Midwest Finance Association Annual Conference, New Orleans, Louisiana.
  • Sonaer, G. (2011, October). Why is there a premium for large dividends? Returns around Ex-Dividend Dates. Financial Management Association, Denver, Colorado.
  • Sonaer, G. (2010). Mutual Fund Herding and Fund Performance. Financial Management Association, New York, NY.