Economic issues have been key factors in many conflicts around the globe...On occasions corporate actors can be seen to have played decisive roles, both triggering conflicts and transforming conflict...In this context, this paper discusses the relationship between corporate actors and conflict transformation with a special focus on Nepal [and] conceptualise[s] the business-peace relationship... Respondents were selected from three sectors: production and manufacturing industry, tourism and hospitality industry, banking and finance industry...The figure identifies five broad types of pro-peace engagement of corporate actors - social, humanitarian, philanthropic, economic and political. Such engagements should be conflict-sensitive so as to ensure that the corporate activities do not fuel conflict.