This book explores the intricate relationship between corporate governance and sustainability within the context of Italian family businesses. Combining theoretical perspectives with empirical evidence, it delves into the evolving discourse on the purpose of the firm and stakeholder value creation, examining how governance structures shape sustainability decisions and outcomes. Particular attention is given to the distinctive characteristics of family firms, highlighting how family involvement shapes governance practices and sustainability strategies. Offering valuable insights into governance mechanisms and sustainability approaches that support the implementation of Environmental, Social, and Governance (ESG) initiatives, this book is an essential resource for scholars, practitioners, and policymakers interested in the governance and sustainability of family businesses, particularly within the Italian context.