This article examines the principles in corporate governance from Kautilya’s Arthashastra, emphasizing the contribution made by Kautilya in ancient India (4th Century BC). The teachings from Kautilya’s Arthashastra remain applicable even now and may be incorporated into the contemporary context of corporate management towards attaining the ultimate goal of corporate governance, which is to deliver value to shareholders and stakeholders. Swami Chinmayananda says that from time to time there is a need to examine and re-look at some of the old works and give an intelligent interpretation and re-interpretation to apply successfully in the setting of contemporary corporate management. The possibilities of study of Kautilya’s Arthashastra in other areas of corporate management such as strategic management, financial management and human resource management may be explored for future research.