My research has been described as “bottom up”, in the sense that it seeks to identify “first best” solutions to legal problems and then compare “real-life” solutions. My identification of “first best” solutions is derived primarily from the use of economic analysis of law and theological perspectives. Regrettably, however, in practice only second or third best solutions are often feasible, given extensive state intervention, often over a long period of time. Increasingly, therefore, my research focuses less on substantive questions of what the law is but on the processes by which the law is made, for example, the use of regulatory impact assessment in company law reform and the institutional architecture of corporate governance reform. The specific topics covered by my research include most mainstream company law issues, in particular: corporate personality; corporate governance; directors’ duties and shareholders’ remedies. In addition, it extends beyond the traditional company to encompass the regulation of the health, education and housing sectors.

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