So, economic actors can play both negative and positive roles in the transformation of conflicts. This paper discusses the conceptual relation between business and peace with reference to the work of three theorists...and a case study of Nepal...It uses qualitative interviews with labour unions and busi-ness associations as primary data and journal articles, books and reports as secondary data...The paper concludes that, given its networks, resources and social position, the corporate sector can help transform conflicts by addressing their economic causes. [refers to Three Sisters' Trekking Agency, Khetan, Golchha, Chaudhary, Kedia, Vaidya, Mittal (part of Arcelor Mittal), Marwari Group]