This is the author accepted manuscript. The final version is available from the Academy of Management via the DOI in this recordWhile there is some scholarship in management and organization studies on forms of organized violence, it has rarely focused on the role of organized violence within wider business-society and governance relations. In this article, we argue that conceptualizing the role and capacity of the state is still paramount, precisely because it is normally the state that holds a monopoly on violence. Yet, this state monopoly has continuously been eroded as private firms and civil society actors are increasingly involved in paramilitaries, trafficking, mafia-like and terrorist organizing and other forms of organized violence...