My research interests naturally have evolved toward pressing economic questions. They now include entrepreneurial finance, innovation, and labor and finance in the face of stagnation and looming recession and were centered on the subareas of corporate governance in times of growth, during which costs of large firms expropriating small firms and managers pursuing private benefits were large. As such, my current research focuses on the smallest businesses which play a vital role in job creation and economic growth. My past (and current) research examine the largest companies in concentrated industries and economies, for which the well-structured system of governance is a must to substitute for the product market competition as a means to alleviate agency costs.