Professor Agafonow's main research falls within the tradition of New Institutionalism (Economics) and it centers on the cogs and wheels that make social enterprises tick, aiming at redressing the paucity of knowledge on the tangible mechanisms that drive enterprises to uphold their commitments to social and environmental goals. He has served as an Associate Editor in the journal BE:ER, as a Section Editor of Springer’s Handbook of Philosophy of Management, as well as a panel convenor at the European Academy of Management.