Abstract
The following research project aims to investigate the performance of family firms. The dissertation consists of three distinct articles. The first article aims to identify the most effective business model adaptations of family firms in response to unexpected events such as the COVID-19 pandemic. More specifically, this piece of research seeks to elucidate the extent to which these adaptations may affect their performance. The second article adopts a quantitative approach to investigate the unexplored phenomenon of size transition within family firms. In this context, two competing theoretical perspectives (i.e., agency and stewardship) are employed to examine the impact of family power on size transition. Last, the third article undertakes a systematic review of the existing body of literature about nonfinancial reporting practices in family firms, an area that has experienced significant growth in recent years.