Telecoms group Go has landed the prestigious World Finance Corporate Governance Award for Malta 2011.

Go was identified by World Finance as the Maltese company to have achieved high levels of excellence in corporate governance exceeding formal requirements for international listings and regulatory frameworks, fully transparent in its disclosure and showing best practice when interacting with its shareholders and stakeholders.

This year, Go was among the high-profile companies to clinch the World Finance Corporate Governance Award 2011. An interview with chief executive David Kay featured in the March/April print edition of World Finance magazine while a video interview was posted to the magazine’s web version.

The award puts Go on the same footing as other winners Pirelli, Danone, Nestlé SA, Volvo Group, Telecom Egypt, Cisco Systems, andSamsung Electronics.

“Good corporate governance has been – and will remain – a top priority for the company and we consider it to be a responsibility which starts with the board of directors and permeates down throughout the company,” Mr Kay said afterwards. “Go reports on corporate governance in its annual report and we are proud to have appropriate mechanisms and structures to ensure that there is an independent view of the governance in place.”

World Finance stressed the importance of corporate governance – particularly in the context of the challenges being faced by companies during the recession – when announcing the awards.

Created in 2007, the World Finance Awards aim to identify industry leaders, individuals, teams and organisations in the global marketplace that represent the benchmark of achievement and best practice in the financial and business world.

World Finance Magazine acknowledges companies whose excellent corporate governance, transparency in their ideals and actions as well as strong internal structures have ensured sustainable, ethical growth through tough times.

The magazine boasts a readership of 120,000 key decision-makers worldwide.